Answer:
the insurance cost is $410
Explanation:
The computation of the insurance cost is shown below:
Given that
The exporter charged 5 by2% of the value of the goods for insured the goods
And, the goods are valued at $16,400
So the insurance cost is
= $16,400 × 5 ÷ 2%
= $16,400 × 2.5%
= $410
hence, the insurance cost is $410
Tommy agrees to buy a house for $84,500. He pays $2,000 as earnest money and obtains a new mortgage loan for $67,600. The purchase contract provides for a Mar. 15 settlement. Tommy and the sellers prorate the present year's real estate taxes of $1,880.96, which have been paid. The buyer is responsible for the day of closing. Tommy has additional closing costs of $1250. Using the "actual number of days" method, how much cash must Tommy bring to the settlement?
Answer: $17,654.97
Explanation:
In order to solve the question, the first thing to do is to count the number of days from March 15 to Dec. 31. In this case, we will have 292 days.
Then we get the daily rate which will be:
= $1,880.96/365
= $5.153.
Then, we multiply the daily rate of $5.153 by the number of days which will be:
= $5153 × 292 days
= $1,504.97.
Then, we calculate the down payment, which will be:
= $84,500 - $67,600
= $16,900
We then deduct the $2,000 that has already been paid. This will be:
= $16900 - $2000
= $14900
Adding together all the values then the total cash that Tommy must bring to the settlement will be:
= $14900 + $1,504.97 + $1,250
= $17,654.97
McCoppin Industries has three employees: Dean, Annie and Kent. Dean works entirely in State A and was paid a salary of $130,000 plus a $30,000 bonus. Annie works entirely in State B and was paid a salary of $50,000. Kent works 60% of the time in State A and 40% of the time in State B and was paid $100,000 in commissions. Calculate McCoppin's payroll factor for State A
Answer:
All of Dean's compensation must be included in State A = $130,000 + $30,000 = $160,000
None of Annie's compensation is included in State B = $0
Kent's compensation is also included in State A since the majority of hiss ales are carried out there = $100,000
total payroll allocated to State A = $260,000
payroll factor = $260,000 / ($260,000 + $50,000) = 83.87% = 84%
Which person BEST exemplifies an entrepreneur? Mark is known as the profit maker in the firm where he is employed Mary embraces change and innovates to meet customer demands Maurice thinks about how t make money Monty is a top level manager in a successful company
Answer:
Mary
Explanation:
An entrepreneur is a person who has a creative and innovative vision to turn an idea into a profitable business. Therefore, when analyzing the profiles of the people above, Mary is considered to have a greater entrepreneurial profile, because in addition to being a person who thinks about creating profits or making money, she has the skills to be innovative and adapt to change, with the focus on meeting customer demands.
A successful entrepreneur needs to have the ability to adapt to a constantly changing market and consumer trends to always satisfy consumers and differentiate themselves from the competition.
promt
what is insurance?
Answer:
is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients' risks to make payments more affordable for the insured.
Answer:
Insurance is a contract in which an insurer promises to pay the insured party a sum of money if an event occurs in the future and in return for regular small payments known as premiums
Explanation:
Q7 Describe your own responsibilities for equality and diversity in the workplace or a place you have previously worked. (2.2)
Answer:
I have worked in the capacity of HR manager so diversity and equality was most important aspects which need to be considered. Diversity and equality needs to be maintained at work place to keep the employees motivated and they do not feel left out or have sense of injustice.
Explanation:
Diversity and equality is an important aspect in a business. The people at the work place stay motivated if they feel they are paid according to their skills and expertise. There should not be any discrimination based on cast, color, gender, height, weight or any other religious or moral values. All of the staff should be appraised based on their performance. The goal setting should be achievable and every employee should be able to contribute towards the goals of the business.
A fast food restaurant that normally uses plastic utensils is considering switching to reusable metal utensils. In order to conduct a life-cycle analysis of waste the restaurant would a compare the daily waste generated from plastic utensils to the daily waste generated in by the metal utensils. . b compare the waste generated from plastic utensils to the waste generated from the production, use, and disposal of the metal utensils. c determine the cost of disposing of metal utensils versus the cost of disposing of plastic utensils. d compare the cost of plastic utensils to the cost of reusable utensils.
Answer:
the answer is Plastic reduces the transfer of thermal energy to hands holding the utensils.
Explanation:
Which of the following terms describes the type of marketing information
system that supports personal-selling activities such as prospecting and
account maintenance?
A. Inventory control
B. Database marketing
C. Marketing mix monitoring
D. Customer relationship management
Answer:
Customer relationship management
Explanation:
The terms that describe the type of marketing information system that supports personal-selling activities such as prospecting and account maintenance is Customer relationship management. Thus, option D is correct.
What is Customer relationship management?Customer relationship management (CRM) is a system that allows you to manage all of your company's relationships and interactions with current and prospective customers. The purpose is straightforward: to strengthen commercial ties. A CRM system assists businesses in staying connected to customers, streamlining procedures, and increasing profitability.
Customer relationship management is the phrase used to define the sort of marketing system that facilitates personal-selling operations like prospecting and account maintenance. As a result, option D is correct.
Learn more about Customer relationship management here:
https://brainly.com/question/13925067
#SPJ5
All of the following below are advantages to creating a budget EXCEPT
Answer:
Allocate money for all necessities
Explanation:
Trade policies Group of answer choices alter the trade balance because they alter imports of the country that implemented them. alter the trade balance because they alter net capital outflow of the country that implemented them. do not alter the trade balance because they cannot alter the national saving or domestic investment of the country that implements them. do not alter the trade balance because they cannot alter the real exchange rate of the currency of the country that implements them.
Answer:
do not alter the trade balance because they cannot alter the national saving or domestic investment of the country that implements them.
Explanation:
Trade policy explains rules, regulations, and standards that are relevant to trade relations between two countries. Trade policy is also called the Commercial policy.
Trade policies do not alter the trade balance because they cannot alter the national saving or domestic investment of the country that implements them.
In 2020, Ada lived with her son, Robert, and his wife, Barbara. Ada’s only source of income was a $1,500 fully taxable pension, which she spent on clothes and recreation. Robert and Barbara paid Ada’s medical and drug expenses of $600 for the year. Robert and Barbara’s total food expense for the household was $6,000. The fair rental value of the lodging provided Ada was $1,200 for the year, based on the cost of similar room facilities. What was Ada’s total support for the year for purposes of determining whether Robert and Barbara can claim Ada as a dependent?
Answer:
$5,300
Explanation:
Calculation to determine Ada’s total support for the year
Medical and drug expenses $600
Add Lodging $1,200
Add household total food expense $2,000
($6,000/3 Ada+Robert+Barbara)
Add Source of income $1,500
Total support $5,300
($600+$1,200+$2,000+$1,500)
Therefore what Ada’s total support for the year for purposes of determining whether Robert and Barbara can claim Ada as a dependent will be is $5,300
Give an example of any factor that influence the size of the multiplier
Answer:
The size of the multiplier depends upon household's marginal decisions to spend, called the marginal propensity to consume (mpc), or to save, called the marginal propensity to save (mps). It is important to remember that when income is spent, this spending becomes someone else's income, and so o
Explanation:
If mpt = 0.4, mpm =0.3 and mps = 0.1.
Then mpw = 0.8. The marginal propensity to consume is 0.2.
Therefore, the multiplier effect will be 1/0.8 = 1.25.
2 Nov 2019
Answer:
Explanation:
Changes in the size of the leakages—a change in the marginal propensity to save, the tax rate, or the marginal propensity to import—will change the size of the multiplier.
If supply increases and demand stays the same, there will be a
A) higher equilibrium price and quantity
B) lower equilibrium price and higher quantity
C) lower equilibrium price and quantity
D) higher equilibrium price and lower quantity
Answer: B) lower equilibrium price and higher quantity
Explanation:
Demand and supply simply shows the interaction that takes place between the producers and their consumers.
In a case whereby there's an increase in the supply for a product while the demand first change and remains the same, this will lead to a surplus, and hence there'll be a higher quantity.
Also, since there is surplus and the demand doesn't change, there'll be a reduction in the price of the product. Therefore, the correct option is B.
Answer:
the answer is B
Explanation:
In a five-year time period, Jonah's organization has grown from a one-man motorcycle repair shop to a custom bike manufacturing/assembly and rebuild business employing 32 mechanics and technicians. Due to Jonah's difficulty in delegating responsibility, he makes almost all business and design/technical decisions. As a result, he is working 80 hours per week, and the business has stopped expanding, and is suffering a turnover problem. Jonah's business is a(n) ______________ organization.
Answer: centralized organization
Explanation:
Since Jonah makes almost all business and design/technical decisions, then the business is a centralized organization.
A centralized organization simply refers to an organization whereby the decisions are handled at the top level. In this case, since Jonah owns the company, he handles every decision, therefore it's a centralized organization as it's hierarchical.
Which of the following can be defined as generally accepted behavior required in social relations?
Actions
Etiquette
Traditions
Body language
I think its A Action because most likley you would be very cooperative and listen to people in social reaction Just my opinion!
Answer:
Which of the following can be defined as generally accepted behavior required in social relations?
Actions
EtiquetteTraditions
Body language
Wichita Industries' sales are 10% cash and 90% on credit. Credit sales are collected as follows: 40% in the month of sale, 50% in the next month, and 10% in the second following month. On December 31, the accounts receivable balance includes $21,000 from November sales and $51,000 from December sales. Assume that total sales for January are budgeted to be $59,000. What are the expected cash receipts for January from the current and past sales?
Answer:
$57,100
Explanation:
The technique for this question to follow closely the payment cycle
Calculation of January Cash Receipts
Cash Sales ($59,000 x 10%) $5,900
Credit Sales in January ($59,000 x 40%) $23,600
Credit Sales in December ($51,000 x 50%) $25,500
Credit Sales in December ($21,000 x 10%) $2,100
Total $57,100
Conclusion
the expected cash receipts for January from the current and past sales is $57,100
Because there are so many options in the transportation industry, you don’t really need any goals or plans when you enter it.
True
False
Answer:
i would say false because u always need goals in your life
Explanation:
lunch in Jamie's dorm is an all-you-can-eat buffet, served from 11 a.m. until 1 p.m. By noon, the buffet is picked over, and by 12:30, there are very few popular items left. The garbage bins, though, are full of food. If the cafeteria changed its policy so that students had to pay for each item chosen, students would: Select one: a. make the same selections as before, but eat more of what they select. b. select only the most expensive items in the buffet. c. encounter shortages earlier in the day. d. only select an item if its marginal benefit is greater than or equal to its price.
Answer:
d
Explanation:
A rational consumer would only consume goods for which her marginal benefit is equal or greater than the marginal cost.
Marginal benefit is the benefit derived from consuming one extra unit of a good
Marginal cost is the cost of consuming one more unit of a good
Because the buffet is all you can eat, there is no marginal cost for putting more food on your plate. Thus, students would tend to over-serve. This would lead to wastage of food.
If the policy is enacted, students would only consume goods for which their marginal benefit is equal or greater than the marginal cost. As a result, wastages would reduce.
the items they would select would be dependent on the marginal benefit they would derive from consuming the food item
URGENT: Creating and using a checklist makes home maintenance and repair projects more _______. (10 letters)
Answer:
productive
Explanation:
Which of the following three actors could form an "iron triangle"? a. Bayer AG, Eli Lilly & Company, and Pfizer Inc. (all pharmaceutical companies) b. the Food and Drug Administration, the Department of Health and Human Services, and the president c. the House Energy and Commerce Committee, the Senate Committee on Health, Education, Labor and Pensions, and the Department of Health and Human Services d. the Food and Drug Administration, Pfizer Inc., and the Senate Committee on Health, Education, Labor and Pensions
Answer:
d. the food and drug administration, Pfizer Inc., and the Senate Committee on health, education, labor and pensions.
Explanation:
Iron triangle is a special type of relationship which is developed in the interest groups from an industry and the committees who regulate laws of the industry. In the given case Pfizer is a pharmaceutical company who forms iron triangle with senate committee to enforce Food and Drug Administration regulations.
Example : Yazici Advertising purchased supplies costing 2,500 on October 5. An inventory count at the close of business on October 31 reveals that 1,000 of supplies are still on hand. On October 4, Yazici Advertising paid 600 for a one-year fire insurance policy. Coverage began on October 1.
Question Completion:
Journalize the adjusting entries:
Answer:
Yazici Advertising
Adjusting Journal Entries:
Date Account Titles Debit Credit
October 31:
1. Supplies Expense $1,500
Supplies $1,500
To record the supplies expense for the year ended October 31.
2. Insurance Expense $50
Prepaid Insurance $50
To record the insurance expense for the month of October.
Explanation:
a) Data and Analysis:
October 31:
1. Supplies Expense $1,500 Supplies $1,500 ($2,500 - $1,000)
2. Insurance Expense $50 Prepaid Insurance $50 ($600 * 1/12)
3. From the scenario, the year-end is October 31.
Monroe Corporation manufactures modern and antique clocks. Monroe's total overhead costs consist of assembly costs and inspection costs. The following information is available: Cost Antique Modern Total Cost Assembly 3,600 mach. hours 1,200 mach. hours $168,000 Inspections 600 200 $80,000 4,500 labor hours 4,000 labor hours Monroe is considering switching from one overhead rate based on labor hours to activity-based costing. Using activity-based costing, how much of the assembly cost is assigned to the modern clocks
Answer: $42,000
Explanation:
The total cost of Assembly is $168,000.
This is for the machine hours spent on both Antique and Modern clocks of:
= 3,600 + 1,200
= 4,800 hours
Modern clocks assembly costs would be:
= Modern clock machine hours / Total machine hours on assembly * Cost of assembly
= 1,200 / 4,800 * 168,000
= $42,000
Review the following sources and decide if they are reliable and relevant.
two books from a bookstore or library
a newspaper article in the business section
news or a program on TV
the following Web sites:
CNN Business
Fidelity Investments
Investing for Beginners
Answer:
CNN business is left wing( which means it will tilt the info to fit the party)
Try using something neutral
Select all that apply Describe data processing in accounting by selecting the correct statements below. (Check all that apply.) Multiple select question. Batch processing accumulates source documents for a period of time and then processes them all at once. Online processing enters and processes data as soon as source documents are available. A disadvantage of online processing is timeliness. An advantage of online processing is timeliness. Accounting systems differ with regard to how input is entered and processed. An advantage of batch processing is the lack of updated databases for management to use when making decisions.
Answer:
I. Batch processing accumulates source documents for a period of time and then processes them all at once.
II. Online processing enters and processes data as soon as source documents are available.
III. An advantage of online processing is timeliness.
IV. Accounting systems differ with regard to how input is entered and processed.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.
Cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.
Hence, activities that involve the production or purchase of merchandise and the sale of goods and services to customers, including expenditures related to administering the business, are classified as operating activities. All the net income or cash from all operational business activities of a company is recorded as operating activities.
The correct statements that best describes data processing in accounting includes;
I. Batch processing accumulates source documents for a period of time and then processes them all at once.
II. Online processing enters and processes data as soon as source documents are available.
III. An advantage of online processing is timeliness.
IV. Accounting systems differ with regard to how input is entered and processed.
Under PPO, which of the following in-network specialists would a referral be required?
Answer:
Explanation:You do not need a referral to see a specialist. However, some specialists will only see patients who are referred to them by a primary care doctor. And, some PPOs require that you get a prior approval for certain expensive services, such as MRIs.
Which of the following is NOT intellectual property?
A a new office building
B. the design for the building
C. a painting of the building
D. software used inside the building
Answer:
software used inside the building
I have one F and 2 D's, It's because I have another school that I have to study which takes my school homework time up. The subjects are business, science, and Language arts. (Online school). Please help (┬┬﹏┬┬) -Unknown_Student
Answer:
what do you need help with? like whats the question?
Explanation:
Gidgits Galore has been busy during this lesson continuing its expansion plans throughout the United States. After all, everyone must have a gidgit, the "must-have" gadget! Gidgits Galore has opened up stores in ten new states, hired hundreds of new employees, built two additional factories, and started an advertising campaign that has caught the US by storm! Its expansion has been featured in news magazines across the country. But Gidgits Galore has encountered a few problems and needs some advice.
Should Gidgits Galore entice much sought-after employees with generous benefits?
no
yes
Answer:
Yes
Explanation:
Edge 2021
Answer:
YES edge 2023
Explanation:
Myra took a 20-year loan for $80,000 at an APR of 11.5% compounded monthly approximately what would be the total cost of her loan if you paid it off 13 years early
just dropped a file plus can you Brainliest me ?
Answer: 140,581.40
For me at least^
Explanation: Good Luck! :)
What is a franchise business?
dose anyone know the answer to this question?