Which situation best illustrates the role of businesses in the circular flow of
goods?
Answers
Answer:
D. A company designs a new line of laptops.
Explanation:
Apx
Related Questions
John decided to leave his job and open a bookshop in the city center. He was working as an engineer before and getting an annual salary of $35000. For the bookshop he paid $20000 for his worker, $15000 for rent, $10000 for utilities. He used his savings that was equivalent to $60000 at an interest rate of 7%. He bought all the books that he planned to sell by his savings. If he opens his bookshop in mall rather than city center his profit was predicted to be $25000. At the end of the first year his revenue from sales was identical to $210000. For John a) Calculate the implicit costs. b) Calculate the explicit costs. c) Calculate the total cost. d) Calculate his profit/loss. e) Should he continue to the business or go back to his job?
Answers
Answer:
a) Calculate the implicit costs
Implicit costs are the opportunity costs, the earnings that John forgone for running his business. These are:
His $35,000 annual salary as an engineer.
His $60,000 savings earning a 7% interest rate, for a total annual return of $64,200,
So his total implicit costs are 35,000 + 64,200 = $99,200
b) Calculate the explicit costs.
The explicit costs are the things John has to actually pay money for while running his business: 20,000 for his worker + 15,000 for rent, and 10,000 for utilities = 45,000 in total.
c) Calculate the total cost.
Total costs = implicit costs + explicit costs
Total costs = 99,200 + 45,000
Total costs = 144,200
d) Calculate his profit/loss.
His accounting profit is the revenue he obtains from his business minus his explicit costs:
accounting profit = 210,000 - 45,000 = 165,000 profit
His economic profit is the revenue minus his total costs
economic profit = 210,000 - 144,200 = 65,800 profit
e) Should he continue to the business or go back to his job?
He should continue running his business because he is earning both an economic profit and an accounting profit compared with what he was earning as an engineer + his savings.
How much would Software C cost
you in the long run?
80% . $0
$[?]
Satisfaction
Not Satisfied
20%. $20,000
$5,000
Software C
Software D
$8,000
85% $0
Satisfaction
Not Satisfied
15%. $15,000
Answers
Answer: $8,000
Explanation:
If you're satisfied, the cost of software C is:
= 5,000 + 0
= $5,000
If you are not satisfied, the cost is:
= 5,000 + 20,000
= $25,000
You can then use the probabilities to calculate the expected total cost:
= (Probability of satisfied * Cost if satisfied) + (Probability of unsatisfied * Cost if unsatisfied)
= (80% * 5,000) + (20% * 20,000)
= $8,000
What is your marginal rate of consumption (MPC)? If your income increased $1,000 per month until retirement, how much would your spending on consumption goods increase?
Answers
Answer:
$400
Explanation:
In the case when the income would be increased by $1,000 per month so the spending on consumption goods would also be increased by 40% here we assume the 40%
So,
= $1,000 × 40%
= $400
Therefore based on the above assumption, the spending on consumption goods would be increased by $400
There is a bond that has a quoted price of 110.547 and a par value of $2,000. The coupon rate is 7.05 percent and the bond matures in 19 years. If the bond makes semiannual coupon payments, what is the YTM of the bond?
Answers
Answer:
the YTM of the bond is 127.55 %
Explanation:
The YTM of the bond is the Market return that similar Bond Holders expect from the bond.
This can be calculated using a Financial calculator as :
PV = - $ 110.547
FV = $2,000
PMT = $2,000 x 7.05 % x 1/2 = $70.50
N = 19 x 2 = 38
P/yr = 2
YTM = ???
Therefore, the YTM of the bond is 127.55 %
According to the video, which qualities do Lawyers need? Select all that apply.
x mechanical skills
x aggressiveness
intelligence
x physical fitness
determination
moral and ethical integrity
people skills
Answers
Answer:
C E F G
Explanation:
According to the video, The qualities Lawyers need, The first is intelligence, the second one was determination, moral and ethical integrity people skills.
What are skills?A skill is the acquired capacity to move with deliberate intent and good execution, frequently in a pre-determined window of time or energy or both. Domain-general and domain-specific skills are two common categories of skills.
As, The qualities the lawyer needs in the Curveballs will probably be thrown throughout a case session, and they must be able to understand them and react accordingly.
As, The important quality, the lawyer needs is zeal for one's work. Successful attorneys nearly usually have a genuine enthusiasm for what they do as a profession.
Therefore, The right option (C, E, F, G)) is correct.
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A soft currency is a currency that is easy to exchange for another currency.
O True
0 False
Answers
3-4 sentences to answer the question.
How can a manager use the production function to decide whether to add an input to increase production?
Answers
Answer: See explanation
Explanation:
Production function, simply refers to the equation that is used to show the relationship between production factors such as labour and capital and the quantity of goods that'll be gotten.
To be able to make the best decisions regarding production, managers can use production functions as it shows the maximum amount output that a firm can make by using the inputs that it has.
In creating a marketing information system management would collect data from internal sources such as
Answers
Answer:
it's sales figures
Explanation:
Hope this helped ;)
Terrance has just signed a contract with a bank to get a loan to buy a new house. What is TRUE about this contract? A. Both the bank and Terrance share power of attorney. B. Terrance has participated in a guarantee of gain. C. Both parties now have an obligation to their agreement. D. Terrance is required to submit a verbal agreement.
Answers
Answer: C. Both parties now have an obligation to their agreement.
Explanation:
When parties get into a contract, they have a legal obligation to each other to fulfill their part of the agreement or the other party will be able to seek redress in a court of law.
Terrance and the bank are now parties to an agreement to provide Terrence with a loan to buy a house. The bank will have to fulfill this obligation by giving Terrence the loan and Terrence will fulfill his side of the agreement by making payments as stipulated in the loan covenant.
No matter how much a company sells or does not sell, it has to pay fixed costs.
A) False
B) True
Answers
Hope it helps u!!!
Answer:
true
Explanation:
edg
How many years would it take for money to increase to 3 times the initial amount at an interest rate of 18% per year?
Answers
Answer:
7 years (to the nearest year)
Explanation:
Given that;
A = amount
P= principal
t = time
r = rate
A =3P(given in the question)
Formula for compound interest;
A = P(1 + r)^t
Substituting values;
3P = P(1 + 18/100)^t
3P/P= (1.18)^t
3 = (1.18)^t
log 3 = t log 1.18
t = log 3/log 1.18
t = 0.4771/0.0719
t = 6.6 years
t = 7 years (to the nearest year)
Help needed ASAP! Will give brainliest;) Try to help on my other questions:)
Entrepreneurs file a DBA document when using another name for their company. Why are DBA’s necessary?
A). DBA’s provide trademarking of the company logo.
B). DBA’s provide identification for taxes.
C). DBA’s are needed to open bank accounts.
Answers
Check the ONE factor that is NOT used to determine the best channel to send a message. *
Importance of the message
Amount and speed of feedback
Necessity of a permanent record
Cost of the channel
Degree of formality desired
Confidentiality and sensitivity of the message
Concern of your audiences response
Receiver's preference and level of technical expertise
Answers
Answer:
Concern of your audiences response.
Explanation:
Communication can be defined as a process which typically involves the transfer of information from one person (sender) to another (recipient), through the use of semiotics, symbols and signs that are mutually understood by both parties.
The Sender Message Channel Receiver (SMCR) model of communication was developed and created by David Berlo in 1960. SCMR was developed from the Shannon-Weaver model of communication of 1949.
The SCMR model of communication comprises of four (4) main components and these are;
1. Sender (S) : this is typically the source of information (message) or the originator of a message that is being sent to a receiver. Thus, they are simply the producer of a message.
2. Channel (C) : this is the medium used by the sender for the dissemination or transmission of the message to the recipient. For example, telephone, television, radio, newspapers, billboards etc.
3. Message (M) : this is the information or data that is being sent to a recipient by a sender. It could be in the form of a video, audio, text message etc.
4. Receiver (R) : this is typically the destination of information (message) or the recipient of a message that is being sent from a sender. Thus, the receiver is any individual who is able to read, hear or see and process the message being sent or communicated in the communication process.
The factors used to determine the best channel to send a message includes the following;
I. The importance of a message
II. The amount and speed of feedback from the receiver (recipient).
III. The need for a permanent record of the message.
IV. Cost of the channel.
V. The degree of formality desired by the sender of the message.
VI. Confidentiality and sensitivity of the message being sent.
VII. The preference and level of technical expertise of the receiver (recipient).
Homestead Co. reported the following in its statement of stockholders' equity on January 1, Year 4: Common stock, $10 par value, authorized 1,000,000 shares, issued 200,000 shares $2,000,000 Additional paid-in capital 600,000 Retained earnings 1,500,000 $4,100,000 Less treasury stock, at cost, 10,000 shares (180,000) Total stockholders' equity $3,920,000 The following events occurred in Year 4: March 1: 8,000 shares of treasury stock were reissued for $96,000. August 1: 5,000 shares of previously unissued common stock were sold for $15 per share. December 1: The distribution of a 2-for-1 stock split resulted in halving of the common stock's per-share par value. Homestead accounts for treasury stock under the cost method. Laws in the state of Homestead's incorporation protect shares held in treasury from dilution when stock dividends or stock splits are declared. The number of outstanding common shares at December 31, Year 4, should be
Answers
This question is to complex. In Order for this to be answerable you would need to put it into chunks
Your friend Marco loves being on his phone and interacting on social media. He knows that you are studying different careers and asks you what kinds of careers he might consider that would allow him to learn more about communications. You know that advances in telecommunication are always being introduced, and in the future more and more people will be needed in the Energy cluster to design, create, advertise, and sell new ways of communicating. List two careers that he could pursue along the telecommunication pathway. What kind of skills or talents would he need in these two careers? How could he gain the talents or skills to succeed in these two careers?
Answers
Answer: The two pathway he can pursue on telecommunication pathway are public relations and social media manager. This is considering the fact that he loves interacting with the world on social media.
Explanation:
The two pathway he can pursue on telecommunication pathway are public relations and social media manager. This is considering the fact that he loves interacting with the world on social media.
The kind of skills he would need in this career are communicating skills and branding or marketing. In communication skill, he would need to know how to interact with various kinds of people on social media and how to present products to them. On branding skills, he would need to know how to build and maintain brands, which are a window to how organizations are seen.
To gain the talent or skills, he would need to enroll in college to study public relations or marketing, then there after take up multiple trianings on relating to them.
the three parts of communication
Answers
Answer:
The act of communicating involves verbal, nonverbal, and paraverbal components. The verbal component refers to the content of our message‚ the choice and arrangement of our words. The nonverbal component refers to the message we send through our body language.Explanation:
1. VERBAL COMMUNICATION
Verbal communication seems like the most obvious of the different types of communication. It utilizes the spoken word, either face-to-face or remotely. Verbal communication is essential to most interactions, but there are other nonverbal cues that help provide additional context to the words themselves. Pairing nonverbal communication with the spoken word provides a more nuanced message.
2. NONVERBAL CUES SPEAK VOLUMES
Nonverbal communication provides some insight into a speaker’s word choice. Sarcasm, complacency, deception or genuineness occur within nonverbal communication. These things are often communicated through facial expressions, hand gestures, posture and even appearance, all of which can convey something about the speaker. For instance, a disheveled speaker with wrinkled clothes and poor posture would communicate a lack of confidence or expertise. A speaker with a nice suit, who stood up straight and spoke clearly, may appear more serious or knowledgeable.
3. VISUAL COMMUNICATION
Visual types of communication include signs, maps or drawings as well as color or graphic design. These typically reinforce verbal communication, and they help to make a point. Visual aids can help a speaker remember important topics, give the audience something to look at, and generally help convey the message being presented.
An example of a variable cost is
A) payroll
B) insurance
C) rent
D) labor
Answers
Answer:
labor
Explanation:
insurance is wrong on edge
When it comes to relationships in the workplace be sure to _____.
ask personal questions
join the same social groups
remain professional
swap phone numbers
Answers
Answer:
the answer is remain professional.
Question # 5
Multiple Choice
When it comes to relationships in the workplace be sure to _____.
ask personal questions
join the same social groups
swap phone numbers
remain professionalWhat are references when applying for a job?
Answers
Answer:
Somewhere that’s close by where you live
Explanation:
Sales Tax is the amount added to a purchase that is charged by the government
True
O False
Answers
Answer:
True
Explanation:
If I am wrong, I am sorry!
Violet Inc. has been undertaking a lot of responsibilities as a company in order to be the best in its industry. Over time, however, these responsibilities become tough to handle and the company finds it difficult to efficiently manage the time and effort to perform its activities. In contrast, other firms in the industry that outsource some of their activities to smaller companies find it easier to generate more profit than Violet Inc. The situation faced by Violet Inc. in this example illustrates one of the important disadvantages of vertical integration that is _________.
A. loss of focus
B. loss of flexibility
C. loss of frequency
D. loss of facility
Answers
Miley, a single taxpayer, plans on reporting $30,475 of taxable income this year (all of her income is from a part-time job). She is considering applying for a second part-time job that would give her an additional $10,000 of taxable income. By how much will the income from the second job increase her tax liability
Answers
Answer:
$1,600
Explanation:
Calculation to determine By how much will the income from the second job increase her tax liability
Based on the information given she had the amount of $10,000 as the additional taxable income which means that $9,000 out of the $10,000 will be taxed at 15% while the remaining $1,000 ($10,000-$9,000) will be taxed at 25% according to the single tax rate schedule
Increase in tax liability =($9,000 × 15%) + ($1,000 × 25%)
Increase in tax liability= $1,600
Therefore By how much will the income from the second job increase her tax liability is $1,600
If you’ve insured a home for $200,000 and the home is only worth $150,000, you can only receive $150,000 at the most if you file a claim. A. True B. False
Answers
Answer:
It is true
Explanation:
Got it right! :D
The insurance payout is based on the cost to rebuild or repair the home, not the market value or appraisal value, so you could potentially receive up to the policy limit of $200,000 if the cost to rebuild or repair is higher than the home's value. Therefore, the given statement is false.
What is insurance payout?
An insurance payout refers to the amount of money that an insurance company pays to its policyholder or beneficiary when a covered loss or event occurs. The payout is typically based on the terms of the insurance policy and the amount of coverage that the policyholder has purchased.
Insurance payouts can be made in various forms, including cash, check, or electronic transfer. They are intended to compensate the policyholder or beneficiary for the financial losses incurred as a result of the covered event, such as property damage, personal injury, or death.
In order to receive an insurance payout, the policyholder must file a claim with the insurance company and provide documentation of the loss or event. The insurance company will then review the claim and determine the amount of the payout based on the terms of the policy and the circumstances of the loss.
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How can a budget process help you achieve your life-span goals?
Answers
Answer:
10 ways to achieve your life goals
(1) choose goals that inspire you
(2) be proactive
(3) no more negativity
(4) be balanced
(5) break it down
(6) embrace failure
(7) tell everyone
(8) get help
(9) trace your progress
(10) visualise the end result
HELP ITS DUE TODAY!! list things that the government can do to create more employment
Answers
Answer:Reduce Interest Rates
Cut Business Payroll Taxes for New Hires
Spend on Unemployment Benefits
Defense Spending and Job Creation
Explanation:
things that the government can do to create more employment
Answer
Reduce Interest Rates Spend on Public Works Spend on Unemployment Benefits Cut Business Payroll Taxes for New Hires Defense Spending and Job Creation When to Use Expansionary Fiscal Policy Job Creation Statistics Presidents Adding JobsWhat are items such as health insurance, life insurance, sick days, vacation time, and retirement savings called when provided by an employer?
A. paybacks
B. benefits
C. payroll
D. bonuses
Answers
A good credit score means you will be able to get what? (Select the best answer.)
A credit history
A lower interest rate
A default
A higher interest rate
Answers
Answer:
you will get a credit history
Answer:
A credit history
Explanation:
A, credit history
Knowledge Check 01 Byrd Corporation issued 5,000 shares of $0.05 par value common stock for $10 per share. Prepare the appropriate journal entry to record the stock issuance. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
Answers
Answer and Explanation:
The journal entry to record the stock issuance is shown below:
Cash Dr (5,000 × $10) $50,000
To Common stock $250 (5,000 × $0.05)
To Additional paid in capital - common stock $49,750
(Being the issuance of the shares is recorded)
Here cash is debited as it increased the assets and common stock & additional paid in capital is credited as it increased the liabilities
Popularity increases a product’s
A. price
B. utility
C. life cycle
D. trial period
Answers
Answer:
life cycle
Explanation:
When a product has been popularized with adverts, people will know d product and will wanna try it out.Once this happens,the product will still be in existence prolonging the life cycle
Mitchell Corporation bought equipment on January 1, 2017. The equipment cost $300,000 and had an expected salvage value of $50,000. The life of the equipment was estimated to be 6 years. The depreciable cost of the equipment is
Answers
Answer:
$250,000
Explanation:
The depreciable cost of the equipment is the amount that will be used to provide for depreciation on the asset also known as Depreciable Amount.
Depreciable Cost = Cost - Salvage Value
therefore,
Depreciable Cost = $300,000 - $50,000 = $250,000