Answer:
$12 million
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
contribution to GDP = value of final good - value of intermediate good
14 = 2 = 12
The cost of the company production that was included in U.S. GDP is $12 million.
Using this formula
Cost of production=Cost of producing cans of sardines- Purchase
Where:
Cost of producing cans of sardines=$14 million
Purchase=$2 million
Let plug in the formula
Cost of production=$14 million- $2 million
Cost of production=$12 million
Inconclusion the cost of the company production that was included in U.S. GDP is $12 million.
Learn more about cost of production here:https://brainly.com/question/6630179
what is the term for when businesses produce goods and services that consumers do not want
Answer:
Productive (technical) inefficiency.
Explanation:
A market failure can be defined as a situation in which the market fails to produce an efficient level of productivity or output that is required to meet consumer demand.
This ultimately implies that, a market failure arises when there is inefficiency in the distribution or allocation of goods and services in a free market.
In Economics, there are two types of inefficiency associated with the production of goods and services, these includes;
1. Allocative inefficiency: it occurs when businesses do not maximise output from the given inputs. Thus, it arises when businesses fail to increase the level of their production or productivity from a number of given inputs.
In conclusion, allocative inefficiency typically occurs when the price of a good or service isn't equal to its marginal cost i.e P ≠ MC.
2. Productive (technical) inefficiency: it occurs when businesses produce goods and services that consumers do not want. This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.
Karsten had a great experience with his apartment and landlord until about two months ago, when the plumbing in the unit above started leaking into his apartment. The landlord keeps saying he’ll fix it but hasn’t, and now Karsten has mold growing on the ceiling and walls. Karsten is moving out before his lease has expired, which is a form of ______.
Answer:
Constructive eviction
Explanation:
Constructive Eviction can be said to mean a term usually used in the law when it comes to real estate and or properties. It is used to describe any situation where the landlord does something or does nothing, when s/he is meant to have done so, as expected by law. This then leads to the property being inhabitable.
Sandra Wilson is paid one and one-half times the regular hourly rate for all hours worked in excess of 40 hours per week and double time for work on Sunday. Wilson's regular rate is $12 per hour. During the week ended July 3, she worked 9 hours each day from Monday through Friday, 6 hours on Saturday, and 4 hours on Sunday. Wilson's overtime earnings for the week ended July 3 are a.$294. b.$180. c.$430. d.$360.
Answer:
a. $294
Explanation:
Number of hours worked each day = 9 hours
From Monday - Friday = 5 days
Total hours worked from Mon to Fri = 9 hours * 5 days
Total hours worked from Mon to Fri = 45 hours
Excess hours worked in 5 days = 45 hours - 40 hours
Excess hours worked in 5 days = 5 hours
Regular rate = $12 per hour
Hourly rate in excess of regular hours worked = $12 * 1.5
Hourly rate in excess of regular hours worked = $18
Total excess hours worked till Saturday = 5 hours + 6 hours
Total excess hours worked till Saturday = 11 hours
Hours worked on Sunday = 4 hours
Hourly rate for worked on Sunday = $12 * 2
Hourly rate for worked on Sunday = $24
Overtime earnings = (Total excess hours worked till Saturday * Hourly rate in excess of regular hours worked) + (Hours worked on Sunday * Hours worked on Sunday)
Overtime earnings = (11 hours * $18) + (4 hours * $24)
Overtime earnings = $198 + $96
Overtime earnings = $294
The FINRA suitability rule requires all of the following EXCEPT: A Before a product or strategy can be recommended, a reasonable basis suitability determination must be completed, evaluating the investment's features, returns, costs and risks B Before a product or strategy can be recommended to a customer, it must be determined that the investment is suitable, based on that client's new account profile C Before a product or strategy can be recommended to a customer, it must be determined that the customer has the ability to meet the financial commitment required by the recommendation D Before a product or strategy can be recommended, the registered representative must understand and be able protect the client against the product's inherent risks
Answer: D. Before a product or strategy can be recommended, the registered representative must understand and be able protect the client against the product's inherent risks
Explanation:
There are some reviews with regards to FINRA suitability determinations whihc include:
• Reasonable Basis Suitability: This implies that after there has been a review of the returns, risks and costs of a product, the ones that has the best combination should be recommended.
Also, before a product can be recommended to a customer, the customer must be able to meet the financial commitment. The statement that "Before a product or strategy can be recommended, the registered representative must understand and be able protect the client against the product's inherent risks" is incorrect.
What does a speech-language pathologist do?
Answer:
they help treat and prevent disorders affecting an adult or a childs swallowing.
Explanation:
so basically, people who have trouble speaking or swallow alot while trying to speak see a speech-language pathologist to get treatment to be able to prevent this from happening and improving their speech. Not all cases have to do with swallowing sometimes its just a persons speech itself, sometimes even lisps.
Identify and explain one advantage and one disadvantage of leasing all the equipment used in the business.
Answer:
Advantage Is You Save Money, Disadvantage Is The Way That There's Not Enough Or Its Not Good Enough
Explanation:
Basically Yea
A seller wants to fix a leaky roof before listing the property with a firm. The seller does not want to spend any money on the repairs and hires a local high school student who took a woodworking class in high school to fix the roof. The seller does not mention anything about the roof to the listing licensee. A buyer submits an offer, which the seller accepts. After the transaction closes, the roof leaks and damages a hardwood floor the buyer installed. Which party could be liable to the buyer for damages
The seller would be at fault here. Their cheapness caused them to hire someone in high school who hasn't even gone to trade school. This is illegal. Afterwards, he lied to the listing licensee and buyer. Because of this lie, the hardwood floor was damaged as well as the roof.
The seller is now liable for lawsuits and suing.
Hope this helps! :D
Dividend growth rate is important to many investors. You are considering investing in a firm after looking at the firm's dividends over a sixyear period. At the end of the year 2010, the firm paid a dividend of $0.98. At yearend 2016, it paid a dividend of $1.64. What was the average annual growth rate of dividends for this firm?
Answer:
An apple, potato, and onion all taste the same if you eat them with your nose plugged
Explanation:
The five situational influences that have an impact on the purchase decision process are ______. Multiple choice question. personal influences, the reference group, family, friends, and the Internet problem recognition, search, alternative evaluations, the decision process, and postpurchase behavior the purchase task, social surroundings, physical surroundings, temporal effects, and antecedent states habits, routines, problem solving, research, and delayed decisions
Answer:
the purchase task, social surroundings, physical surroundings, temporal effects, and antecedent states
Explanation:
Purchase decision can be regarded as thought process which gives a consumer leads starting from identification of a need to generating options, as well as choosing a specific product and brand. Some of this decision are minor such as buying of biscuits, other are major as seen in buying of houses. It is decision-making process that is been utilized by consumers as regards the market transactions before or during purchase as well as after the purchase of a good or service. It can be regarded as as particular type of a cost–benefit analysis when there is multiple alternatives. It should be noted that The five situational influences that have an impact on the purchase decision process are;
✓ antecedent states
✓the purchase task
✓physical surroundings
✓ temporal effects
✓social surroundings
These Situational influences can be regarded as temporary conditions which has effect on how buyers behave, in case whereby they
actually purchase your product, or do not buy, or buy additional products,
A house is being appraised using the sales comparison approach. The house has four bedrooms, three bathrooms, and no pool. The appraiser selects a comparable house that has three bedrooms, three bathrooms, and a pool. The comparable house just sold for $280,000. A bedroom is valued at $18,000, and a pool at $15,000. Assuming all else is equal, what is the adjusted value of the comparable?
Answer:
$283,000
Explanation:
Calculation to determine the adjusted value of the comparable
Using this formula
Adjusted value of the comparable= Comparable houseValue +Bedroom value- Pool value
Let plug in the formula
Adjusted value of the comparable=$280,000+$18,000-$15,000
Adjusted value of the comparable=$283,000
Therefore the adjusted value of the comparable is $283,000
A corporation distributes a 10 percent common stock dividend on 30,000 shares issued when the market value of it's common stock is $24 per share and its par value is $2 per share. On the distribution date, a credit _ would be journalized
Answer:6,000
Explanation:
I just took the test
Juan has some shares of risky stock from a start-up company, and other shares of stock from an established company with much less risk. It sounds as though Juan is diversifying his portfolio.
Answer: True
Explanation:
Diversifying a portfolio refers to investing in securities that either have a lower risk or risk that is not correlated such that the risk to the portfolio is reduced.
In this scenario, Juan is investing in different securities with varying risk levels so that the portfolio will not be completely wiped out if one security goes bust. To truly diversify his portfolio however, Juan should invest in more than other asset classes such as bonds
Visit a nearby office of a company or consult the office of your school. study the various types of human resources working there. prepare a report . ❣️
Please help me immediately ❣️❣️❣️❣️❣️
Answer:
hi
Explanation:
A restaurant has sales revenue of $240,000, fixed costs of $100,800, and variable costs of $96,000. What is breakeven revenue?
Answer:
168,000
Explanation:
What is the definition of customer service?
A. The advice provided by a customer service rep over the phone.
B. The advice given between employees to help customers.
C. The assistance provided by a company to people who buy or use its products or services.
D. The assistance provided by a sales rep on the sales floor.
A utility vehicle purchased by Knox Industries should last 110,000 miles. The acquisition cost was $21,400 and the salvage value is $1,926. Using the UOP depreciation method, given the annual usage information, calculate the accumulated depreciation at the end of year 2. (Round all dollar amounts to the nearest cent) YEAR MILES YEAR MILES 1 22,029 2 22,724 3 23,420 4 23,188
Answer:
$7,922.91
Explanation:
The computation of the accumulated depreciation at the end of year 2 is as followS:
But before that the depreciation rate is
= ($21,400 - $1,926) ÷ 110,000 miles
= 0.177
Now the first year depreciation is
= 0.177 × 22029
= $3,899.93
For year 2, it is
= 0.177 × 22,724
= $4,022. 97
So, the accumulated depreciation at the end of year 2 is
= $3,899.93 + $4022.97
= $7,922.91
These organization tend to be larger in size and small in numbers.
A)Corporation
B)Partnership
C)Cooperative
D)Proprietorship
Answer:
Alternative D
Explanation:
Because proprietorships are usually huge organizations that in a quantitive way is a few
Yasmin listed a house at a 6% commission rate, and it just sold for $463,500. Her brokerage and the buyer’s agent’s brokerage split the commission equally between them. Then Yasmin, who has a 60/40 commission split with her broker (Yasmin gets the higher split), took her check to the bank. How much did Yasmin earn from this transaction?
Answer:
$8,343
Explanation:
Calculation to determine How much did Yasmin earn from this transaction
First step to calculate the Total commission from sale
Total commission from sale= ($463,500 × 0.06)
Total commission from sale=$27,810
Second step is to calculate Yasmin's firm's share
Yasmin's firm's share= ($27,810 ÷ 2)
Yasmin's firm's share=$13,905
Now let calculate How much did Yasmin earn from this transaction
Yasmin's Earning = ($13,905 × 0.60)
Yasmin's Earning=$8,343
Therefore the amount that Yasmin earn from this transaction is $8,343
Brian Ferguson is a cashier at a 24-hour convenience store. He has worked the night shift for the last year and a half, and often fills in for other employees at the last minute, but has never received a raise. Furthermore, Brian just got passed over for a promotion to store manager, which would have nearly doubled his pay. Understandably, he is outraged. Because his employer is so
Answer:
Wages in Kind
Explanation:
The term that best describes Brian's actions would be Wages in Kind. This is because, Brian is taking the cases of beer and snacks as a form of payment. Regardless of whether he is right or wrong, Brian believes that he is being underpaid and in his mind taking these things is another form of payment as opposed to cash. Therefore, making up for the low wage that he is being paid and being a perfect example of wages in kind.
A 55 year old woman wishes to remove funds from her Individual Retirement Account to remodel her house. The customer is subject to: A no tax liability B regular income tax liability only on the amount withdrawn C 10% penalty tax only on the amount withdrawn D both regular income tax liability and 10% penalty tax on the amount withdrawn
Answer:
D
Explanation:
with the tax you have to pay and the withdraw amount i would say that that woman will have a happy retierment and remodle her house
Define the terms e-business and e-commerce and explain the difference. What is the key factor in determining if a transaction is "commerce"?
Answer: They both make use of the internet but what makes them different is that in e-commerce transactions are limited, while in e-business transactions are not limited.
Explanation:
E-commerce could be defined as carrying out online commercial activities or transactions by the use of internet.
While E- business is defined as carrying out all business activities online.
They both make use of the internet but what makes them different is that in e-commerce transactions are limited, while in e-business transactions are not limited.
A transaction is commerce once there is a buying and selling exchange.
Consider a simple economy that produces two goods: cupcakes and oranges. The following table shows the prices and quantities of the goods over a three-year period.
Use the information from the preceding table to fill in the following table.
Answer:
Nominal GDP
= (Price of cupcakes in year * quantity of cupcakes in year) + (Price of oranges in year * quantity of oranges in year)
2018
= (2 * 125) + (3 * 155)
= $715
2019
= (4 * 135) + ( 3 * 210)
= $1,170
2020
= (2 * 125) + (3 * 165)
= $745
Real GDP using 2018 as base year:
= (Price of cupcakes in 2018 * quantity of cupcakes in year) + (Price of oranges in 2018 * quantity of oranges in year)
2018
= (2 * 125) + (3 * 155)
= $715
2019
= (2 * 135) + (3 * 210)
= $900
2020
= (2 * 125) + (3 * 165)
= $745
GDP Deflator
= Nominal GDP in year / Real GDP in year * 100
2018
= 715/715 * 100
= 100
2019
= 1,170 / 900
= 130
2020
= 745/745 * 100
= 100
What type(s) of compensation may be included in a human resource compensation system?
A. Indirect financial compensation
B. Non-Financial Compensation
C. Financial Compensation
D. Financial and non-financial compensation
Rightway Construction's project manager has been given the task of planning and implementing the construction of a playground for the city of Northville. All construction plans and documents have been provided as well as a budget amount and completion date. Based on the above scenario, and assuming the project manager has studied all construction plans and documents and reviewed the budget, the next step for the manager will be to __________.
Explanation:
create a project schedule flow chart
Cullumber Company incurred $800000 of research and development costs in its laboratory to develop a new product. It spent $150000 in legal fees for a patent granted on January 2, 2017. On July 31, 2017, Cullumber paid $62000 for legal fees in a successful defense of the patent. What is the total amount that should be debited to Patents through July 31, 2017
Answer:
$212,000
Explanation:
Calculation to determine the total amount that should be debited to Patents through July 31, 2017
Using this formula
Total amount debited to Patents=Legal fees for patent+Legal fees in a successful defense of patent
Let plug in the formula
Total amount debited to Patents=$150,000+$62,000
Total amount debited to Patents=$212,000
Therefore the total amount that should be debited to Patents through July 31, 2017 is $212,000
A Rhode Island state statute requires machinery in industrial plants to include automatic shut-off switches accessible to each employee working on the machine. Steel Company’s equipment does not have the switches. Trudy, a Steel employee, suffers an injury that an accessible shut-off switch would have prevented. Trudy’s best theory for recovery is:
Answer:
negligence
Explanation:
From the question we are informed about A Rhode Island state statute requires machinery in industrial plants to include automatic shut-off switches accessible to each employee working on the machine. Steel Company’s equipment does not have the switches. Trudy, a Steel employee, suffers an injury that an accessible shut-off switch would have prevented. In this case, Trudy’s best theory for recovery is Negligence.
Negligence can be regarded as legal theory which is required to be proved first in a situation whereby you are holding a company responsible as regards harm that you have suffered for. Negligence theory let us understand that there should be a prove on four things in court. And they are ;
✓damages/harm
✓causation
✓duty
✓ breach
At December 31, Gill Co. reported accounts receivable of $246,000 and an allowance for uncollectible accounts of $1,200 (debit) before any adjustments. An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 4% of accounts receivable. The amount of the adjustment for uncollectible accounts would be:
Answer:
the amount of the adjustment for uncollectible accounts would be $11,040
Explanation:
The computation of the amount of the adjustment for uncollectible accounts would be given below:
= Account receivable × uncollectible percentage + debit balance of the uncollectible accounts
= $246,000 × 4% + $1,200
= $9,480 + $1,200
= $11,040
Hence, the amount of the adjustment for uncollectible accounts would be $11,040
how to do presentation
Explanation:
You can go to Microsoft words or Power point..
These can help you type your presentation or if on phone you can go to normal Notes app or word app....
I hope this helps you
Mat Rollins, CEO of Rollins, Inc., decided that upon his retirement, he would elect his son Chris to become the new CEO. Mat thought it would be a good idea to have Chris shadow him at work to understand the roles and responsibilities of a CEO. Chris shadowed his father for months in order to learn every aspect of the business. Mat knew that the best way for Chris to learn was to actually perform some of the tasks he did on a daily basis, rather than simply describe them. The company generally focused on short-term financing, and Mat felt that it was important for Chris to understand the different types of financing. Chris learned about the type of bonds that the company usually offered to raise capital. These bonds allow the purchasers of the bond to keep them until maturity. Chris also learned the process of obtaining bonds and the various types of long-term financing methods. Job shadowing was indeed a worthwhile experience for Chris. Refer to Rollins, Inc. If Chris has learned and understood the business, he should know that today most corporate bonds are
Answer: registered bonds
Explanation:
A corporate bond refers to a bond which is issued by a corporation so as to raise financing for its ongoing operations, or the expansion of its business.
Corporations typically sell bonds when there's no enough fund for purchases, and when there is difficulty in selling stock. Based on the information given in the question, if Chris has learned and understood the business, he should know that today most corporate bonds are registered bonds.
Comfy Cozy Chairs makes and sells rockers. Each rocker requires $45 of direct materials and $37 of direct labor. Variable manufacturing overhead is $8 per unit, and fixed manufacturing overhead totals $58,000. Variable selling and administrative costs are $15 per unit, and fixed selling and administrative costs total $102,000. During the period, 2,000 rockers were produced and 1,640 were sold. The unit product cost using absorption costing is ______.
Answer:
the unit product cost using absorption costing is $119
Explanation:
The computation of the unit product cost using absorption costing is given below:
= Direct material per unit + direct labor per unit + variable manufacturing cost per unit + fixed manufacturing cost
= $45 + $37 + $8 + ($58,000 ÷ 2000)
= $119
Hence, the unit product cost using absorption costing is $119