If Bruce is trying to imagine the worst possible day on the job in order to help him figure out what he values at work. For Bruce, the kind of value is this nightmare job scenario is: A self-discovery exercise.
What is self-discovery ?Self-discovery can be defined as the process in which a person tend to understand the kind of person they are by trying to have an understanding about their own self strength ,character or behavior.
Based on the scenario Bruce is making use of self discovery exercise to imagine the worst possible day on the job so as to figure out what he values at work.
Therefore the kind of value is this nightmare job scenario is: A self-discovery exercise.
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the following independent situations require professional judgement for determine when to recognize revenue from the transactions
To recognize revenue from transactions under independent circumstances, use professional judgment in December.
What are the three basic circumstances that force you to record revenue?
According to generally recognized accounting rules, a transaction must be signaled by a crucial event, such as the sale of goods or the completion of a project, and payment for the good or service must correspond to the stated price or mutually agreed-upon fee.
What is the standard for revenue recognition?
The fundamental tenet of the revenue recognition standard is that an organization should record revenue to reflect the transfer of goods or services to clients in an amount that reflects the consideration to which it expects to be entitled in return for those goods or services.
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Full Question - The following independent situations require professional judgment for determining when to recognize revenue from the transactions. Identify when revenue should be recognized in each of the situations.
(september, november, december)
(a)Southwest Airlines sells you an advance-purchase airline ticket in September for your flight home in December.
A man earned wages of $48,900, received $2600 in interest from a savings account, and contributed $3500 to a
tax-deferred retirement plan. He was entitled to a personal exemption of $4050 and had deductions totaling $7100.
Find his gross income, adjusted gross income, and taxable income.
Adjusted gross income is $48000, gross income is $51500, and taxable income is $36,850.
How is gross revenue defined?Your gross income includes all of your earnings, including salary, bonuses, capital gains, corporate revenue, retirement benefits, and other types of income. For things like tuition fees, student loan interest, alimony payments, or contributions to retirement funds, adjustments to income may be made.
Income paid to man
Wages = $48,900
Savings Interest = $2600
Deductions
Personal Exemption = $4050
Standard Deduction = $7100
Tax Deferred Contribution = $ 3500
Gross Income = Income paid to man = 48,900 + 2,600 = $ 51,500
Adjusted Gross Income = Income - Tax Def Contribution = 51,500 - 3,500 = $ 48,000
Taxable Income = AGI - Deductions - State Taxes = 48,000 - 11,150 - 0 = $36,850
What distinguishes taxable income from adjusted gross income?Examples of sources that go into making up your gross income are wages, tips, interest, dividends, rent, and pension income. Your AGI less the standard deduction, the sum of your itemized deductions, and, if applicable, the qualifying business income deduction, will give you your taxable income.
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The following transactions occur for Badger Biking Company during the month of June:
a. Provide services to customers on account for $47,000.
b. Purcilase bike equipment by signing a note with the bank for $39,000.
c. Repay $32,000 of the note in (b) above.
d. Pay utilities of $4.700 for the current month.
Analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (Decreases to account
classifications should be entered as a negative.)
Transaction
()
G
Assets
""
11
Liabilities
Stockholders
Equity
Answer:
The following transactions occur for Badger Biking Company during the month of June:
a. Provide services to customers on account for $47,000.
b. Purcilase bike equipment by signing a note with the bank for $39,000.
c. Repay $32,000 of the note in (b) above.
d. Pay utilities of $4.700 for the current month.
Analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (Decreases to account
classifications should be entered as a negative.)
Transaction
()
G
Assets
""
11
Liabilities
Stockholders
Equity
Number of Workers
10
20
30
Output (thousands)
3
5
6
What is the marginal cost of increasing production from 5,000 units to 6,000 units?
Fixed Cost ($)
2000
2000
2000
Variable Cost ($)
100
200
300
The marginal cost for increasing production is from 5000 units to 6000 units is $ 0.10. The answer is optin (d).
How to calculate marginal cost?No.of workers output fixed cost variable cost
10 3000 2000 100
20 5000 2000 200
30 6000 2000 300
Firstly Total Cost = Fixed cost + Variable cost
The second and third rows of the aforementioned table indicate an increase in production from 5000 to 6000 units.
With 20 workers in the second row, the output is 5000 units, and the overall expense is $2200.
Total cost = Fixed cost + Variable cost
Total cost = $2000 + $200 = $2200
The Third Row has 30 employees, produces 6000 units, and costs $2300 in total.
Total Cost = $2000 + $300 = $2300
Marginal Cost = Change in total cost / change in output units
Change in Total cost = Third Row total cost - Second Row total cost
= $2300 - $2200
= $100
Change in output units = Third Row output units - Second Row output units
= 6000 units - 5000 units
= 1000 units
100 dollars in overall cost and 1000 units in output are changed..
Marginal cost = Change in total cost / Change in output units
= $100 / 1000 units
= $0.10
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Options for the given question is,
a). $300
b). $0.43
c). $100
d). $0.10
person instead of directly to the disabled person
d. offering your arm if someone needs to be guided
e. facing a person who is deaf when speaking to them
The two guidelines to follow while communicating with someone who has a disability are those two.
Look for connections between you and the person with a handicap.
When you enter a room with a blind person, introduce yourself and explain your purpose.
A disability is any physical or mental condition that makes it more challenging for the person with the condition to engage in specific activities and interact with their environment.
Although the term "those with disabilities" is occasionally used to describe a single demographic, this is actually a broad group of individuals with a variety of requirements. The same type of handicap may have very different effects on two people. Some disabilities could be imperceptible or difficult to spot.
A part of what makes us human is our ability to be disabled. At some point in their lives, almost everyone will become temporarily or permanently disabled. About 15% of the world's population, or more than 1 billion people, are currently disabled, and this number is rising in part because of population aging.
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Which of the following statements accurately describes the Morph transition?
O It can only affect the size and shape of an object.
It can only change one attribute of an object.
It can be used to merge shapes, text, and WordArt
It requires just one slide..
Answer:
I think it is, It requires just one Slide to the next 100%
Explanation:
The Morph transition means that it allows you to animate smooth movement from one slide to the next.
This is right
Answer:
B, C, D
Explanation: right on edge22
Consider two countries: Country A can produce six automobiles or twelve
movies with the same amount of resources. Country B can produce five
automobiles or eight movies with the same amount of resources. Using
Ricardo’s Theory of Comparative Advantage, determine which country will
produce automobiles, which will produce movies, and the range of relative
prices for these products within which these countries trade.
Because the opportunity cost of creating a car in Country B is cheaper than the potential cost of generating movies in Country A, Country A would make movies while Country B would produce autos.
What is the justification for the above?According to the idea of comparative advantage, countries should manufacture and trade only goods in which they have a comparative advantage, i.e. commodities in which they can specialize.
To determine a country's comparative advantage, first compute the opportunity cost of making movies and vehicles in each.
Country A:
The Opportunity cost of producing 1 automobile = 2 moviesOpportunity cost of producing 1 movie = 1/2 automobileCountry B:
Opportunity cost of producing 1 automobile = 8/5 moviesOpportunity cost of producing 1 movie= 5/8 automobiles.Thus, it is right to state that because the opportunity cost of creating a car in Country B is cheaper than the potential cost of generating movies in Country A, Country A would make movies while Country B would produce autos.
What is Richard's Theory of Comparative Advantage?According to Ricardo's widely regarded comparative advantage theory, states can obtain an international trade advantage by focusing on manufacturing items with the lowest opportunity costs when compared to other nations.
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Can someone please tell me which ones are hard or soft skills?
Creativity
Computer Programing
Graphic Design
Civil Engineering
Leadership
Communication
Flexibility
Video editing
Server Maintenance
Time Management
Answer: tell me
Explanation: when you find out let me
If price elasticity of demand is -0.3 and price decreases by 1 percent, quantity demanded will [(Click to select) by (Click to select)
The degree of responsiveness of the change in the amount required of the good owing to the change in the good's price is measured by the elasticity of demand.
Demand has increased by 6% in terms of volume.
es= ΔQ÷ΔP×P÷Q
Let initial demand and price be 100%.
Given that the demand elasticity is 0.3
0.3 = ΔQ÷20%×100%÷100%
ΔQ = 0.3×20%×1%
ΔQ = 6%
What does demand elasticity mean?
The degree to which demand reacts to a change in an economic component is known as elasticity of demand. The most prevalent economic component considered when calculating elasticity is price. Income level and the accessibility of substitutes are further considerations. Elasticity gauges how demand changes in response to shifting economic conditions.
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Full Question - If the price elasticity of demand for a good is 0.3, then a 20% decrease in price results in a:
a. 6% increase in the quantity demanded.
b. 66% increase in the quantity demanded.
c. 0.6% increase in the quantity demanded.
d. 0.015% increase in the quantity demanded.
Which of the following is an important consideration in setting up the proper environment to complete tasks on time limited distractions free from distractions a cluttered workspace working whenever time allows
Limited Distractions is is an important consideration in setting up the proper environment to complete tasks on time.
The Response is option AFor leaders, directors, managers, and coaches, time management is a need. A sound strategy, defined goals, methods and tactics to achieve those goals, together with productivity, are required of persons in top positions in organisations.
To do this, they must set priorities, pay attention to the work at hand, create an atmosphere that is suitable for the tasks that must be done, and remove distractions in order to cultivate the necessary habits that lead to productivity.
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Correct Question - Which of the following is an important consideration in setting up the proper environment to complete tasks on time?
A- limited distractions
B-free from distractions
C- a cluttered work space
D-working whenever time allows
In a survey of a group of men, the heights in the 20-29 age group were normally distributed, with a mean of 67.3 inches and a standard deviation of 4.0 inches. A study participant is randomly selected. Complete parts (a) through (d) below. (a) Find the probability that a study participant has a height that is less than 65 inches. The probability that the study participant selected at random is less than 65 inches tall is nothing. (Round to four decimal places as needed.)
The probability that a research participant will be shorter than 65 inches is 0.2827.
Defines probabilityThe area of mathematics known as probability deals with numerical descriptions of how likely it is for an event to happen or for a claim to be true. A number between 0 and 1 is the probability of an event, where, broadly speaking, 0 denotes the event's impossibility and 1 denotes its certainty.
The probability that a research participant will be shorter than 65 inches is:
P(X<65) = P(Z<(65-67.3)/4)
P(X<65) = P(Z<-0.575)
P(X<65) = 0.2827
What takes place if the probability is one?The event will occur if the probability is 1, which is the case. There would be nothing you could do to prevent a traffic accident if the probability was 1. You can count on it. The likelihood of events in daily life typically ranges between 0 and 1 in practice.
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What is the purpose of a Summons?
A. A Summons tells the defendant to appear in court.
B. A Summons is a complaint against a party.
OC. A Summons is a reply to a Complaint.
D. A Summons is a pre-trial form of discovery.
Answer:
A. A Summon tells the defendant to appear in court
Explanation:
Which example demonstrates a floating exchange rate?
The example demonstrates a floating exchange rate: Short-term moves in a floating exchange rate currency reflect speculation, rumors, disasters, and everyday supply and demand for the currency.
In a floating regime, exchange rates are generally determined by the market forces of supply and demand for foreign exchange. For many years, floating exchange rates have been the regime used by the world's major currencies – that is, the US dollar, the euro area's euro, the Japanese yen and the UK pound sterling.
Exchange rates are determined by factors, such as interest rates, confidence, the current account on balance of payments, economic growth and relative inflation rates.When an exchange rate changes, the value of one currency will go up while the value of the other currency will go down. When the value of a currency increases, it is said to have appreciated. On the other hand, when the value of a currency decreases, its value decreases.
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BE3.7 (LO 2), AN Helen is looking at the partial information left behind by her former supervisor, Lyle. She knows he used the high-low method to estimate the cost function because she sees his cryptic “H-L” scribbled on the page. She sees that the high point related to 35 units at a total cost of $328. She also finds the total fixed cost estimate of $97. She can’t find the low point written anywhere, and she needs the variable cost in order to estimate next month’s costs. Help Helen determine the variable cost per unit and then predict next month’s costs if 33 units are made.
1. The variable cost per unit is $6.60.
2. Next month's costs if 33 units are made will be as follows:
Fixed costs = $97Variable costs = $217.80Total costs = $314.80What is the high-low method?The high-low method is a cost accounting technique to separate the total fixed costs from the variable costs.
Using the high-low method, the fixed costs are separated from the total costs to determine the variable costs (in total and per unit).
Data and Calculations:Total production units = 35
Total costs = $328
Estimated total fixed costs = $97
Total variable costs = total costs - fixed costs
= $231 ($328 - $97)
Unit cost per unit = $6.60 ($231/35)
Next month's Costs at 33 units:
Fixed costs = $97
Variable costs = $217.80 ($6.60 x 33)
Total costs = $314.80
Thus, the variable cost per unit is $6.60, while the total costs for next month will be $314.80, using the high-low costing method.
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Wilson hires a financial analyst to analyse costs and profits for his cereal production business. The analyst determines that Wilson’s eventual profit function is given as: , where x is the number of bags of cereal produced. At what point or number of bags of cereal will Wilson’s profit start decreasing
Disclaimer- The complete question is
Wilson hires a financial analyst to analyze costs and profits for his cereal production business. The analyst determines that Wilson's eventual profit function is given as pi = 2x ^ 4 - 4x ^ 3 + 7 where x is the number of bags of cereal produced. At what point or number of bags of cereal will Wilson's profit start decreasing?
If the company produces only one 1 bag then the profit of Wilson starts decreasing.
Let f ( x ) = 2x^4 − 4x^3 + 7
f ′ ( x ) = 8x^3 − 12x^2
For decreasing, f ′( x ) ≤ 0
⇒ 4x^2 ( 2x−3 ) ≤ 0
⇒ 2x−3 ≤ 0 ( a s x^2 ≥ 0)
⇒ x ≤ 3/2
Since, x is number of bags
So, x ∈ N
∴ x = 1 is only possibility
Thus, If the company produces only one 1 bag then the profit of Wilson starts decreasing.
Financial analysis is the process of evaluating a company's performance using financial data and making suggestions for future improvement. The majority of the work done by financial analysts is done in Excel, where they use a spreadsheet to examine past data and predict how the company will perform in the future.
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Suppose that a week after Vollmer gave Lang the funds, she sent him an e-mail containing the terms of their loan agreement with her named typed at the bottom. Lang did not respond to the e-mail. Is this sufficient as a writing under the Statute of Frauds?
According to the Statute of Fraud, parties entering into a legal agreement must put their agreement in writing. This is one of the fundamental elements of a legal agreement.
Additionally, it needs to be properly signed by both parties to the agreement, or at the very least, legal agreement needs the signature of the person paying for the products or services.
First off, in this situation Vollmer didn't write down the terms and conditions on paper; instead, she sent a message via email, which the legal agreement could not sign and approve. In the end, since the receiving party cannot sign it, the contract is invalid under the Statute of Fraud. Since Lang is being released from the financial obligation, his signature is crucial in this situation.
Thus, a written agreement is not legally binding.
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