Jessica worked on a straight 7% commission. Her friend worked on a salary of $850 plus a 6% commission. In a particular month, they both sold $18,000 worth of merchandise.

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Answer 1

Comparing the two earnings, we can see that Jessica earned $1,260 in commission while her friend earned $1,930 in total (commission + salary). Therefore, her friend earned more in that month.

In a particular month, Jessica and her friend sold $18,000 worth of merchandise.

Jessica worked on a straight 7% commission, which means she earned 7% of the total sales. To calculate her commission, multiply the total sales by 7%:

$18,000 * 0.07 = $1,260

Therefore, Jessica earned $1,260 in commission for that month.

On the other hand, her friend worked on a salary of $850 plus a 6% commission. To calculate her commission, multiply the total sales by 6%:

$18,000 * 0.06 = $1,080

In addition to her commission, her friend earned a fixed salary of $850.

To find out who earned more, add the commission to the salary for her friend:

$1,080 + $850 = $1,930

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Related Questions

A pair of sneakers priced at $100 yields a consumer surplus of $25. what would happen to the consumer surplus if the price increased to $110?

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when the price of the sneakers increases, the consumer surplus decreases, indicating that consumers are willing to pay less for the product. This means that the price increase would result in a smaller benefit for consumers.

The consumer surplus is the difference between the maximum price a consumer is willing to pay for a product and the actual price they pay. In this case, the pair of sneakers is priced at $100 and yields a consumer surplus of $25.
To find out what would happen to the consumer surplus if the price increased to $110, we need to compare the new price with the maximum price the consumer is willing to pay. Let's assume that the consumer's maximum price remains the same at $125.

If the price of the sneakers increases to $110, the consumer surplus would decrease. The new consumer surplus can be calculated as the difference between the maximum price ($125) and the new price ($110), which is $15.

Therefore, if the price of the sneakers increases from $100 to $110, the consumer surplus would decrease from $25 to $15.

In conclusion, when the price of the sneakers increases, the consumer surplus decreases, indicating that consumers are willing to pay less for the product. This means that the price increase would result in a smaller benefit for consumers.

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Intellectual property is also referred to as ___________ .

a) economic property

b) intellectual capital

c) testamentary property

d) real property

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Intellectual property is also referred to as intellectual capital Thus, option B is correct

These creations or inventions can be in the form of inventions, designs, logos, literary or artistic works, trade secrets, and more. Intellectual property is considered a valuable asset, hence it is often referred to as intellectual capital.

It encompasses intangible assets that have economic value and can be protected under intellectual property laws. Intellectual property rights allow creators to have exclusive control over their creations and to profit from their intellectual efforts.

These rights are protected by various laws such as copyright, trademark, patent, and trade secret laws. It is important to understand and respect intellectual property rights to encourage innovation and creativity while ensuring fair compensation for creators.

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If a firm's long-run average total curve shows that it can produce 5,000 dvds at an average cost of $2. 00 and 15,000 dvds at an average cost of $1. 50. This is evidence of?

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This evidence indicates that the firm is experiencing economies of scale, leading to a decrease in average production costs as the level of production increases.

Based on the information provided, the firm's long-run average total cost curve shows that as production increases, the average cost per DVD decreases. This is known as economies of scale.

Economies of scale occur when a firm experiences cost advantages as it increases its level of production. In this case, the firm is able to produce 5,000 DVDs at an average cost of $2.00 and 15,000 DVDs at an average cost of $1.50.

This evidence suggests that as the firm increases its production from 5,000 to 15,000 DVDs, it is able to take advantage of economies of scale. This can be due to various factors such as spreading fixed costs over a larger output, achieving higher levels of efficiency, or benefiting from bulk discounts on inputs.

Overall, this evidence indicates that the firm is experiencing economies of scale, leading to a decrease in average production costs as the level of production increases.

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mutual funds are generally created to: eliminate investment risk. generate fees for an advisory firm. avoid regulation. provide tax shelters for investors. avoid taxes.

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The main purpose of mutual funds is to provide individuals with a diversified investment vehicle. While some mutual funds may offer tax advantages, the avoidance of taxes or regulations is not a primary objective.

Shared reserves are for the most part made to furnish people with a method for putting resources into an expanded arrangement of protections, like stocks, bonds, and different resources. Some of these aspects may be associated with particular kinds of mutual funds, despite the fact that the primary purpose of mutual funds is not to eliminate investment risk, generate fees for an advisory firm, avoid regulation, provide tax shelters for investors, or avoid taxes. How about we separate every proclamation:

Reduce investment danger: Investment risk is not eliminated by mutual funds. Putting resources into any monetary item implies a specific degree of chance, including the chance of losing cash. Mutual funds, on the other hand, provide diversification by pooling the investments of a number of people and investing in a variety of assets, which can help spread risk.

Charge an advisory firm fees: Shared reserves charge expenses to cover working costs, for example, the board charges and regulatory expenses. The fund's prospectus typically lists these costs. While managing a mutual fund does result in fees for the advisory firm, the primary objective is to provide individuals with investment opportunities.

Eliminate regulation: Shared reserves are dependent upon different guidelines and oversight to safeguard financial backers. Mutual funds are subject to the regulations and requirements of regulatory bodies, such as the Securities and Exchange Commission (SEC) in the United States, in order to guarantee fair practices and transparency.

Give charge havens to financial backers: Tax-efficient or tax-exempt mutual funds, for example, may provide investors with tax advantages. For instance, civil security reserves put resources into bonds gave by state and neighborhood legislatures, which are frequently excluded from government personal duty and, now and again, state and nearby charges.

Stay away from charges: The purpose of mutual funds as a whole is not to assist investors in avoiding taxes. Notwithstanding, the assessment treatment of common assets relies upon the particular kind of asset and the financial backer's conditions. Capital increases charges might apply when a common asset sells protections at a benefit, and financial backers are liable for paying expenses on any disseminations they get from the asset.

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an investor holds a very conservative portfolio invested for retirement, but she takes some extra cash she earned from her year-end bonus and buys gold futures. she appears to be engaging in

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The investor appears to be engaging in speculative investing by purchasing gold futures with her extra cash.

Speculative investing involves taking on higher risk in the hopes of achieving higher returns. In this scenario, the investor, who typically maintains a conservative retirement portfolio, deviates from her usual approach by using her year-end bonus to buy gold futures. Gold futures are derivative contracts that allow investors to speculate on the future price movements of gold.

By investing in gold futures, the investor is entering a more speculative realm where the value of gold can be subject to significant fluctuations influenced by various factors. Speculative investing is characterized by a higher degree of risk and uncertainty compared to conservative investment strategies focused on long-term stability and income .generation

While speculative investing may offer the potential for higher returns, it also carries a higher risk of loss. The decision to allocate funds to gold futures suggests that the investor is willing to take on additional risk in the hopes of benefiting from short-term price movements in the gold market. However, it's important to note that speculative investing may not align with a conservative investment approach typically adopted for retirement planning, which prioritizes wealth preservation and long-term stability over short-term gains.

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The Kretovich Company had a quick ratio of 1.7, a current ratio of 4.0, a days sales outstanding of 36.5 days (based on a 365-day year), total current assets of $1,080,000, and cash and marketable securities of $100,000. What were Kretovich's annual sales

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The Kretovich Company had a quick ratio of 1.7, a current ratio of 4.0, a days sales outstanding of 36.5 days (based on a 365-day year), total current assets of $1,080,000, and cash and marketable securities of $100,000.

Therefore, to find the annual sales of Kretovich Company, we need more information such as the value of long-term liabilities and stockholders' equity.

Hence, the annual sales cannot be determined.

The Kretovich Company had a quick ratio of 1.7, a current ratio of 4.0, a days sales outstanding of 36.5 days (based on a 365-day year), total current assets of $1,080,000, and cash and marketable securities of $100,000.

To find the annual sales of Kretovich Company, we need to find the formula for calculating the quick ratio and current ratio.

What is the formula for the quick ratio?

The formula for the quick ratio is given below:

Quick ratio = (Current assets - Inventory - Prepaid expenses) / Current liabilities

Here, we can assume that the inventory and prepaid expenses are zero.

Hence, the formula becomes:

Quick ratio = (Cash and marketable securities + Accounts receivable) / Current liabilities

Substituting the values given in the question,

Quick ratio = (100,000 + Accounts receivable) / (Total current liabilities / 4.0)1.7

= (100,000 + Accounts receivable) / (Total current assets / 4.0)1.7

= (100,000 + Accounts receivable) / (1,080,000 / 4.0)1.7

= (100,000 + Accounts receivable) / 270,0006.3

= 100,000 + Accounts receivable

Accounts receivable = 6.3 - 100,000

Accounts receivable = -99,993.7 (Negative receivables are not practical or possible. This implies that the question is incorrect or inconsistent.)

What is the formula for the current ratio?

The formula for the current ratio is given below:

Current ratio = Current assets / Current liabilities

Substituting the values given in the question,

4.0 = Total current assets / Total current liabilities

Total current liabilities = Total current assets / 4.0

Total current liabilities = 1,080,000 / 4.0

Total current liabilities = $270,000

What are the annual sales?

Annual sales = (Days in the year / Days sales outstanding) * Sales

Annual sales = (365 / 36.5) * (Current assets / Sales)

Annual sales = (10) * (1,080,000 / (Total current liabilities + Long-term liabilities + Stockholders' equity))

Annual sales = (10) * (1,080,000 / (270,000 + LTL + SE))

Substituting the values given in the question,

Annual sales = 10 * (1,080,000 / (270,000 + LTL + SE))

Therefore, to find the annual sales of Kretovich Company, we need more information such as the value of long-term liabilities and stockholders' equity.

Hence, the annual sales cannot be determined.

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The use of instructional strategies that embrace the learning characteristics of cognitive styles of diverse populations is?

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Embracing instructional strategies that cater to the learning characteristics of diverse populations is essential for effective teaching and learning.

Embracing instructional strategies that cater to the learning characteristics of diverse populations' cognitive styles is crucial for effective teaching and learning.

By understanding and accommodating different cognitive styles, educators can enhance students' comprehension, engagement, and overall academic success.
Here are a few examples of strategies that can be utilized to embrace the learning characteristics of diverse populations:
1. Differentiated Instruction:

This approach involves tailoring instruction to meet the unique needs and preferences of individual learners.

Teachers can adapt content, process, and product to accommodate different cognitive styles, ensuring that all students are actively engaged in the learning process.
2. Multisensory Learning:

Incorporating multiple senses, such as visual, auditory, and kinesthetic, into instruction can benefit students with diverse cognitive styles.

For instance, using visuals, hands-on activities, and discussions can cater to visual, auditory, and kinesthetic learners respectively.
3. Cooperative Learning:

Collaborative activities and group work can provide opportunities for students with different cognitive styles to learn from and support each other.

By working together, students can benefit from diverse perspectives and enhance their understanding of the subject matter.
4. Varied Assessment Methods:

Assessing students using a variety of methods, such as written assignments, oral presentations, projects, or quizzes, allows for flexibility and caters to different cognitive styles.

This ensures that students have a fair chance to demonstrate their understanding in a format that aligns with their strengths.
In summary, embracing instructional strategies that cater to the learning characteristics of diverse populations is essential for effective teaching and learning.

By implementing strategies like differentiated instruction, multisensory learning, cooperative learning, and varied assessment methods, educators can create inclusive classrooms that support the success of all students.

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senso offers to sell his car and knows that it has been in an accident. if the purchaser asks senso if the car has had body work and senso lies, he will have committed a(n)

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If Senso lies to the purchaser about the car's history of body work, he will have committed a form of deception known as fraud. Fraud occurs when someone intentionally misrepresents information to deceive another person for personal gain.

In this case, by lying about the car's body work, Senso is attempting to sell the car at a higher value than it is worth. Committing fraud is generally considered unethical and illegal. It can lead to serious consequences, such as legal penalties and damage to one's reputation. In the context of selling a car, lying about its history can also result in a dissatisfied customer who may take legal action or spread negative reviews.

To avoid committing fraud, it is important for sellers to be honest and transparent when disclosing information about a product's condition or history. If Senso's car has had body work, he should honestly disclose this to the purchaser, allowing them to make an informed decision.

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In the consumer decision-making process, our preferred or desired state is best described as:__________

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In the consumer decision-making process, our preferred or desired state is best described as the outcome or condition that we want to achieve or experience through our purchasing decisions.

It is the state that we believe will fulfill our needs, wants, and desires. This preferred state is often influenced by factors such as personal preferences, values, emotions, and aspirations.

For example, if someone is looking to buy a new smartphone, their preferred state may include features like a high-quality camera, fast processing speed, and a long-lasting battery.

It is important to note that the preferred state can vary from person to person, as each individual has their own unique set of desires and expectations.

Ultimately, understanding our preferred state helps us make informed decisions and choose products or services that align with our goals and satisfaction.

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The __________ meets the present needs of consumers and businesses while also preserving or enhancing the ability of future generations to meet their needs.

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The concept that meets the present needs of consumers and businesses while also preserving or enhancing the ability of future generations to meet their needs is called sustainability. Sustainability is the practice of using resources in a way that ensures their availability for future generations.

One example of sustainability is the use of renewable energy sources like solar or wind power instead of relying solely on fossil fuels. By using renewable energy, we can reduce greenhouse gas emissions and decrease our dependence on finite resources. Another example is sustainable agriculture, which involves practices that minimize soil erosion, conserve water, and avoid the use of harmful pesticides.

This ensures that we can continue to produce food without depleting the land and damaging the environment.
Additionally, sustainable manufacturing focuses on reducing waste, increasing energy efficiency, and using recycled materials. This helps to minimize the environmental impact of production processes. In summary, sustainability is about finding ways to meet current needs without compromising the ability of future generations to meet their own needs.

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An economic model

a. always has a mathematical foundation

b. can never be proven wrong

c. can be constructed for an individual economic unit but not for the economy as a whole

d. is a simplification of the real world

e. can be constructed for the economy as a whole but not for an individual economic unit

Answers

An economic model is a simplification of the real world. The correct option is (d).

An economic model refers to a theoretical representation of economic processes or systems. It is a simplification of reality that depicts a particular set of relationships between economic variables or components of the economic system. It is a tool that helps us to better understand the economy's complexities and make predictions about how it will behave under certain conditions.

Models can have a mathematical foundation, but this is not always the case, as models can also be written in prose or graphical form. Economic models are an approximation to reality and therefore can be wrong, but they can be useful to the extent that they help us to understand economic issues that would be difficult to grasp otherwise.

Economic models can be constructed for both individual economic units, such as households or firms, as well as for the economy as a whole. Therefore, options (c) and (e) are incorrect. The correct option is (d).

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What is the probability that the average daily number of other banks customers’ cash withdrawals for this 144-day period is between 245 and 275?

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Since we don't have the necessary information, it is not possible to determine the exact probability. If you have access to the dataset or additional information about the distribution, please provide those details, and I can assist you further in calculating the probability.

To calculate the probability that the average daily number of other banks customers' cash withdrawals for a 144-day period falls between 245 and 275, we would need more information about the distribution of the data. Specifically, we would need the mean and standard deviation of the daily number of cash withdrawals or the entire dataset itself.

With the mean and standard deviation, we could assume that the distribution follows a normal distribution and then use statistical formulas or tables to calculate the probability.

However, since we don't have the necessary information, it is not possible to determine the exact probability. If you have access to the dataset or additional information about the distribution, please provide those details, and I can assist you further in calculating the probability.

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Complete Question:

Banco Santander has an ATM at Santiago International Airport. The main source of revenue from the ATM is the flat fee of 2,000 CLP, charged for every cash withdrawal by another bank’s customer. This fee of 2,000 CLP is a pure profit for the bank. (Customer might be charged other fees by their bank.) The average for the daily number of other banks customers’ cash withdrawals is 260, with the standard deviation of 60. This pattern seems reasonably stable over time. The histogram of the daily number of other banks customers’ cash withdrawals is highly skewed, showing a few days with a large number of such transactions but most days with the number of such transactions below the average. The contract for the ATM is expiring in 144 days and contract renewal negotiations are under way. In order to better understand the revenues the ATM generates, you are asked to analyze the number of cash withdrawals by customers of other banks over the next 144 days.

a. What is the probability that the average daily number of other banks customers’ cash withdrawals for this 144-day period is between 245 and 275?

b.What is the probability that the average profit per day from the 2,000 CLP cash withdrawal fee over the 144-day period is between 500,000 CLP and 530,000 CLP?

c. What is the probability that the total number of other banks customers’ cash withdrawals for the 144-day period is at least 36,000?

The process of activating, replacing, or changing malfunctioning genes before a baby is born would be an example of?

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The process of activating, replacing, or changing malfunctioning genes before a baby is born is an example of genetic therapy or gene therapy. This technique aims to treat or prevent genetic disorders by modifying the genes responsible for the condition.

One method of gene therapy is called gene activation, where certain genes that are not functioning properly are "turned on" or activated. This can be done by introducing specific molecules or substances into the body that promote gene expression. By activating these genes, the aim is to restore normal functioning and alleviate symptoms.

Another approach is gene replacement, which involves replacing the malfunctioning gene with a healthy copy. This can be achieved by delivering the correct gene into the body using a vector, such as a virus or a lipid nanoparticle. The healthy gene then integrates into the patient's cells, effectively replacing the faulty gene and restoring normal gene function.

Additionally, gene editing techniques like CRISPR-Cas9 can be used to change malfunctioning genes. CRISPR-Cas9 acts like a pair of molecular scissors, allowing scientists to cut out specific sections of DNA and introduce desired changes. This can include repairing mutations, deleting harmful genes, or even inserting new genes.

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An individual who wants others to pay for public goods, but plans to use those goods for their own purposes, is often referred to as a _____________________. tax evader excludable free rider nonexcludable vg

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An individual who seeks to enjoy the benefits of public goods while avoiding the responsibility of paying for them is commonly known as a free rider.

Free riders take advantage of public goods without contributing to their funding or maintenance.

Public goods are characterized by being nonexcludable, which means it is challenging to prevent anyone from benefiting from them once they are provided. This creates a free rider problem, where individuals have an incentive to evade payment for public goods, assuming that others will cover the costs.

As a result, free riders exploit the contributions made by others, potentially creating an imbalance in the provision of public goods.

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the dramatic increase in the average annual cost of natural hazards over the last several decades is partly due to

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The dramatic increase in the average annual cost of natural hazards over the last several decades is partly due to changes in the built environment and changes in societal factors.

Natural hazards are among the most significant economic and societal challenges faced by communities around the world. The majority of the world's population is exposed to multiple hazards, and the risk of damage and destruction is rapidly increasing. Natural hazards cost the world billions of dollars every year, as well as taking a significant toll on human life.

The dramatic increase in the average annual cost of natural hazards over the last several decades is partly due to changes in the built environment and changes in societal factors.

Increases in urbanization, globalization, and interdependence, as well as human behavior, have contributed to increased vulnerability to natural hazards. In addition, advances in technology and access to information have enabled the monitoring and forecasting of natural hazards, resulting in more comprehensive coverage of events and higher estimates of cost.

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An example of an automatic stabilizer isa. a lowering of interest rates by the Fed.b. a decrease in money demand.c. unemployment benefits.

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The provision of unemployment benefits is a form of automatic stabilizer as it kicks in automatically based on certain economic conditions without requiring explicit policy changes c. unemployment benefits.

An example of an automatic stabilizer is c. unemployment benefits.

Automatic stabilizers are government policies or programs that are designed to help stabilize the economy during economic downturns without requiring specific action by policymakers. They work by automatically increasing spending or decreasing taxes when the economy is in a recession, and vice versa.

Unemployment benefits are a type of automatic stabilizer because they help support individuals who have lost their jobs during an economic downturn. When more people are unemployed, the government automatically provides financial assistance to help them cover their basic needs. This helps to stimulate the economy by providing individuals with spending power, which in turn helps to support businesses and maintain overall economic stability.

In your case, since unemployment benefits are a type of automatic stabilizer, the correct answer to your question is c. unemployment benefits.

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When managers of subunits throughout an organization strive to achieve the goals set by top management, the result is: Select one: a. planning and control. b. delegation of decision making. c. responsibility accounting. d. strategic control. e. goal congruence..

Answers

The correct is option E. The result when managers of subunits throughout an organization strive to achieve the goals set by top management is "goal congruence."

Goal congruence refers to the alignment of individual subunit goals with the overall goals of the organization. This means that subunit managers are working towards the same objectives as the top management, and their actions are in line with the broader strategic direction of the organization.

Goal congruence is essential for effective organizational performance, as it ensures that everyone is working towards a common purpose. When subunit managers are aligned with top management goals, it facilitates coordination, cooperation, and efficient resource allocation throughout the organization. It also enhances the overall efficiency and effectiveness of planning and control processes.

Delegation of decision making, responsibility accounting, and strategic control are all related concepts, but they do not capture the specific outcome of subunit managers aligning their goals with those of top management. Therefore, the correct answer to your question is e. goal congruence.

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Beverage enthusiasts might purchase a wine club membership, buy an espresso machine, or book a trip to Japan to tour green tea plantations. This is an example of

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The example mentioned in the statement is of "conspicuous consumption. "Explanation: Conspicuous consumption is the act of buying expensive things or services as a way to display wealth or social status.

A wine club membership, an espresso machine, or a trip to Japan for touring green tea plantations are all expensive items that beverage enthusiasts might buy to showcase their affluence and status in society. Conspicuous consumption is an example of a consumption pattern that is motivated by social factors rather than individual needs.

Many people engage in conspicuous consumption as a way to elevate their social status and signal their membership in an elite group or class of people.

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Swallow Corporation owns 12% of Brown Corporation's stock. How much is Swallow's taxable income or NOL for the year?

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Swallow's taxable income will be able to provide a precise calculation based on the available details and assist in determining Swallow Corporation's taxable income or NOL for the year.

To determine Swallow Corporation's taxable income or NOL for the year, you would need to consider factors such as the financial performance of Swallow Corporation, including its revenues, expenses, deductions, credits, and applicable tax laws. Taxable income is generally calculated by subtracting allowable deductions, exemptions, and credits from total income. Net Operating Loss (NOL) occurs when deductions exceed income in a given year, and it can be carried forward or backward to offset taxable income in other years. To accurately determine Swallow Corporation's taxable income or NOL, it is recommended to consult with a qualified tax professional or accountant who can analyze the specific financial information and apply the relevant tax regulations in your jurisdiction. They will be able to provide a precise calculation based on the available details and assist in determining Swallow Corporation's taxable income or NOL for the year.

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If we need to frequently change more than three values of a model to see how the outputs change, what is the most efficient way

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Automation or programming is the best technique to see how outputs change when more than three model values are often altered. Using scripts or programming code, many inputs can be adjusted and outputs analysed quickly.

Manually changing and rerunning a model to see how its outputs change can be wasteful and time-consuming. Programming or scripting languages are best for automating such processes. By programming the model, you can define input variables and write a loop to traverse through values. You can easily alter and test multiple input values without manual involvement.

Functions and libraries can further simplify the procedure. Create a function that takes input values and returns the outputs. Calling this function with varied inputs lets you rapidly see the outputs. Programming reduces time and allows methodical examination of many input scenarios, making it an efficient method for analysing the model's behaviour with multiple variable changes.

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he following is the current balance sheet for a local partnership of doctors: cash and current assets $ 30,000 liabilities $ 40,000 land 180,000 a, capital 20,000 building and equipment (net) 100,000 b, capital 40,000 c, capital 90,000 d, capital 120,000 totals $ 310,000 totals $ 310,000 the following questions represent independent situations: e is going to invest enough money in this partnership to receive a 25 percent interest. no goodwill or bonus is to be recorded. how much should e invest? e contributes $36,000 in cash to the business to receive a 10 percent interest in the partnership. goodwill is to be recorded. profits and losses have previously been split according to the following percentages: a, 30 percent; b, 10 percent; c, 40 percent; and d, 20 percent. after e makes this investment, what are the individual capital balances? e contributes $42,000 in cash to the business to receive a 20 percent interest in the partnership. goodwill is to be recorded. the four original partners share all profits and losses equally. after e makes this investment, what are the individual capital balances? e contributes $55,000 in cash to the business to receive a 20 percent interest in the partnership. no goodwill or other asset revaluation is to be recorded. profits and losses have previously been split according to the following percentages: a, 10 percent; b, 30 percent; c, 20 percent; and d, 40 percent. after e makes this investment, what are the individual capital balances? c retires from the partnership and, as per the original partnership agreement, is to receive cash equal to 125 percent of her final capital balance. no goodwill or other asset revaluation is to be recognized. all partners share profits and losses equally. after the withdrawal, what are the individual capital balances of the remaining partners?

Answers

To provide a comprehensive explanation for the given scenarios, a longer paragraph is necessary.

Scenario e: In the first situation, E should invest $77,500 to acquire a 25 percent interest in the partnership.

Scenario e: With E's $36,000 cash contribution and the inclusion of goodwill, the total capital becomes $346,000. The capital balances for partners A, B, C, D, and E are determined based on their profit/loss sharing percentages.

Scenario e: E's $42,000 cash contribution, combined with the existing capital, results in a total capital of $352,000. Since the original partners share profits and losses equally, each partner's capital balance is determined by dividing the total capital equally among the partners.

Scenario e: By contributing $55,000 in cash, E acquires a 20 percent interest in the partnership. The capital balances for partners A, B, C, and D are calculated based on their profit/loss sharing percentages and E's cash contribution.

Scenario c: When C retires, she receives cash equal to 125 percent of her final capital balance. No goodwill or asset revaluation is recognized. The remaining partners' capital balances are determined after deducting C's retirement amount from her final capital balance, and profits and losses are shared equally among the remaining partners.

In each scenario, the capital balances are adjusted based on the specific conditions and contributions of the partners. The calculations consider the percentage interests, cash contributions, profit/loss sharing ratios, and retirement provisions to determine the individual capital balances.

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studies show that bitcoin experienced a drop in its price. it seems like a cheaper cryptocurrency by the name ether, reached its highest at $40 a unit. that’s right. although the mechanism behind ether prevents it from being used as a direct payment method, this cryptocurrency seems to have a brighter future ahead. this is all thanks to its smart contract concepts.

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The studies show that Bitcoin's price has dropped, while another cryptocurrency called Ether reached its highest value at $40 per unit. Despite not being used directly as a payment method, Ether has a promising future due to its smart contract concepts.

Smart contracts are self-executing contracts with the terms of the agreement directly written into the code. They automatically execute transactions and enforce agreements once the predetermined conditions are met. This eliminates the need for intermediaries, making transactions more efficient and secure.
Ether's smart contract concepts have gained attention because they enable various applications beyond just being a digital currency. For example, they can be used to create decentralized applications (DApps), decentralized finance (DeFi) platforms, and even facilitate the issuance of non-fungible tokens (NFTs).
The ability of Ether to support smart contracts has attracted developers and businesses to build applications on its blockchain platform, known as Ethereum. This has led to a growing ecosystem of decentralized applications and projects, which contribute to Ether's value and potential future growth.
It's important to note that while Bitcoin and Ether are both cryptocurrencies, they serve different purposes. Bitcoin aims to be a decentralized digital currency, while Ether focuses on supporting a platform for decentralized applications and smart contracts.

In summary, while Bitcoin experienced a drop in price, Ether reached its highest value due to its smart contract concepts and the growing ecosystem built on its blockchain platform. This has led to optimism about its future potential in various industries beyond just being a digital currency.

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For residential property managers dealing with prospective tenants in Tennessee, their responsibilities include checking ______.

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For residential property managers dealing with prospective tenants in Tennessee, their responsibilities include checking credit history, employment, and rental history.

As a residential property manager, you need to know that renters are financially responsible and able to pay their bills. A good credit score is a strong sign that someone is financially responsible and pays their bills on time. This is why checking credit history is a crucial part of screening potential tenants.

Employment history can provide a lot of information about a potential renter. A stable employment history suggests that they will have a steady stream of income to pay rent on time.

Rental history checks are used to verify that the renter was a responsible tenant in previous homes or apartments. If someone has a history of unpaid rent or property damage, they may not be the best fit for your property. Checking with prior landlords is a good way to verify this information.

Screening potential tenants is important because it helps to protect you as a property owner. If you don't have a good screening process in place, you might end up with tenants who don't pay their rent on time or cause damage to your property. Proper screening can help to minimize these risks and keep your investment safe.

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A company had a market price of $38. 20 per share, earnings per share of $1. 60, and dividends per share of $0. 75. Its price-earnings ratio equals?

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the price-earnings ratio of the company is approximately 23.875.

The price-earnings ratio (P/E ratio) is a financial metric used to evaluate the relative value of a company's stock. It is calculated by dividing the market price per share by the earnings per share.

In this case, the market price per share is given as $38.20, and the earnings per share is $1.60. To find the P/E ratio, divide the market price per share by the earnings per share:

P/E ratio = Market price per share / Earnings per share

P/E ratio = $38.20 / $1.60

P/E ratio = 23.875

Therefore, the price-earnings ratio of the company is approximately 23.875.

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when assets are acquired in a noncash transaction, if the fair value of the noncash items given is not clearly evident, then the blank value of the assets received is used to record the assets. multiple choice question.

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If the fair value of the noncash items given in a noncash transaction is not clearly evident, then the "fair value" of the assets received is used to record the assets.

At the point when resources are obtained in a noncash exchange and the fair worth of the noncash things given isn't obviously clear, the fair worth of the resources got is utilized to record them. Let's talk more about this idea.

Companies acquire new assets by exchanging existing assets or liabilities for cash in a noncash transaction. Instances of noncash exchanges remember trade game plans or the issuance of stock for trade for resources.

To appropriately represent such exchanges, it is fundamental to decide the fair worth of the resources got. Fair worth addresses the cost at which the resources could be traded in an exchange among learned and consenting partakers, in a manageable distance exchange.

At times, the fair worth of the noncash things given may not be quickly definable. This could happen when there is no dynamic market for the things or when there are critical vulnerabilities encompassing their worth. In such circumstances, it becomes unreasonable to relegate an exact fair worth to the resources given.

The basis for recording the transaction in these situations is the fair value of the received assets. The acquisition of assets is properly reflected in the financial statements when their fair value is used as a reasonable estimate of their value.

It is important to note that various valuation methods, such as market comparisons, discounted cash flow analysis, or industry-specific methods, can be used to determine an asset's fair value. Organizations might counsel free appraisers or use inner valuation skill to show up at a sensible gauge.

By utilizing the fair worth of the resources got in a noncash exchange, organizations can give important and solid data to partners in regards to the nature and monetary effect of the exchange. Transparency and accurate financial reporting are both facilitated by this.

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Demographic segmentation is best described as using characteristics of ________ to segment the market.

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Demographic segmentation is best described as using characteristics of individuals or populations to segment the market.

Demographic factors include various attributes such as age, gender, income, education level, occupation, marital status, family size, ethnicity, and geographic location. These demographic variables provide insights into the characteristics and behaviors of different consumer groups, allowing businesses to tailor their marketing strategies and offerings to specific target segments.

By segmenting the market based on demographic factors, businesses can better understand the diverse needs, preferences, and purchasing behaviors of different demographic groups, and develop targeted marketing campaigns to effectively reach and engage with their target audience. Demographic segmentation is widely used due to its practicality and relevance in understanding consumer behavior.

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Which of the following statements is true? If the segment margin is negative, the segment should be retained. If the segment margin is negative, the operation should be dropped. If the segment margin is negative, it should remain in operation until a better use can be found for its resources. If the segment margin is negative, it should be combined with another segment.

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The correct statement is: If the segment margin is negative, the operation should be dropped. When the segment margin is negative, it indicates that the segment is not generating enough revenue to cover its expenses.

In this case, it would be more cost-effective to drop the operation and allocate resources to more profitable segments. By eliminating the unprofitable segment, the overall financial performance of the company can improve. Retaining a segment with a negative margin would continue to drain resources and negatively impact the company's profitability. Combining the segment with another segment may not necessarily improve its financial performance.

It is important to regularly assess the profitability of each segment and make strategic decisions to optimize the company's overall financial health. Remember, it is crucial to analyze the specific context and factors involved in making such decisions.

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The mass marketing approach is more production-oriented than marketing-oriented. false true

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False. The mass marketing approach is more marketing-oriented than production-oriented. It focuses on reaching a large audience with standardized products and marketing messages to maximize sales and market share.

The mass marketing approach prioritizes understanding consumer needs, preferences, and market trends. It aims to create products and marketing campaigns that appeal to a broad range of consumers. This approach relies on extensive market research, segmentation, and targeting strategies to effectively position products in the market and generate customer demand. While production efficiency is important, the primary focus is on satisfying customer needs and driving sales through effective marketing strategies.

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what is fansheen's promotional tactic of having a character in a television show use the shampoo called?multiple choiceproduct placementbrand identity integrationcross promotionendorsement integrationtelevision promotion

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Fansheen's promotional tactic of having a character in a television show use the shampoo is product placement. Product placement is a marketing strategy that involves integrating a brand's product or service into the storyline of a TV show or movie.


Product placement is a marketing strategy that involves integrating a brand's product or service into the storyline of a TV show or movie. In the case of Fansheen, featuring their shampoo within a television show allows them to reach a wider audience and increase brand visibility. By strategically placing their product in the hands of a character, Fansheen can create a subconscious association between their brand and the positive attributes of the character. This can have a powerful influence on viewers, as they may develop a favorable perception of the shampoo due to the character's use of it. Product placement is a non-disruptive form of advertising that can effectively raise brand awareness and generate interest in the featured product. Additionally, it can create a sense of realism within the show's narrative, as real-life brands and products are commonly encountered in daily life. By leveraging the popularity and reach of the television show, Fansheen can tap into the existing fanbase and potentially convert viewers into loyal customers

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An investor purchased a property for $300,000, taking out a $250,000 loan. The property generates $30,000 of annual income. The only expense is an interest-only payment of 7% interest on the loan. What is the investor's return on equity

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The investor's return on equity is 25%.

To calculate the investor's return on equity, we need to determine the net income and the equity invested in the property.

Step 1: Calculate the net income

The property generates $30,000 of annual income. Since the only expense is the interest-only payment on the loan, we deduct the interest expense from the annual income to get the net income. The interest expense is 7% of the loan amount, which is $250,000, so the annual interest expense is $250,000 * 0.07 = $17,500. Therefore, the net income is $30,000 - $17,500 = $12,500.

Step 2: Calculate the equity

The investor purchased the property for $300,000 and took out a loan of $250,000. Therefore, the equity invested is the purchase price minus the loan amount, which is $300,000 - $250,000 = $50,000.

Step 3: Calculate the return on equity

To find the return on equity, divide the net income by the equity invested and multiply by 100 to express it as a percentage. The return on equity is ($12,500 / $50,000) * 100 = 25%.

Therefore, the investor's return on equity is 25%.

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