A company purchased equipment for $2,000 on account The balance is due in 90 days. This transaction would debit the equipment account, and credit the accounts payable account.
What is an equipment account?Equipment is a noncurrent or long-term asset account which reports the cost of the equipment. Equipment will be depreciated over its useful life by debiting the income statement account Depreciation Expense and crediting the balance sheet account Accumulated Depreciation a contra asset account. Equipment is a tangible long-term asset that benefits a business over several years of use.
Equipment may be defined as all such instruments which are used for producing any product or machine or service.
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An HR manager is typically expected to function as an in-house consultant to supervisors, managers, and executives.
Select one:
True
False
True, an HR manager is typically expected to function as an in-house consultant to supervisors, managers, and executives. Thus option (A) is correct.
Who is a manager?A manager is a person in a company or a business or a firm, who has the responsibility of managing and coordinating the assignments and projects or any work of a company.
A manager is like a coordinator of a school who manages work o a company. They can be in charge of a department or a small unit of department and the people who work in it.
An HR manager is typically expected to function as an in-house consultant to supervisors, managers, and executives.
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hart manufacturing makes three products. each product requires manufacturing operations in three departments: a, b, and c. the labor-hour requirements, by department, are as follows: during the next production period, the labor-hours available are 450 in department a, 350 in department b, and 50 in department c. the profit contributions per unit are $25 for product 1, $28 for product 2, and $30 for product 3. formulate a linear programming model for maximizing total profit contribution. if required, round your answers to two decimal places. for those boxes in which you must enter subtractive or negative numbers use a minus sign. (example: -300) let pi
The linear programming model for maximizing total profit contribution for all 3 departments is subject to X₁, X₂, X₃ ≥ 0.
How to formulate linear programming?To formulate a linear programming model for maximizing total profit contribution for Hart Manufacturing, we can use the following variables:
X₁ = number of units of product 1 produced
X₂ = number of units of product 2 produced
X₃ = number of units of product 3 produced
Then, we can write the objective function as:
Maximize Z = 25X₁ + 28X₂ + 30X₃
Subject to the following constraints:
Department A:
Labor hours required for product 1 in department A = 2 hours
Labor hours required for product 2 in department A = 4 hours
Labor hours required for product 3 in department A = 3 hours
2X₁ + 4X₂ + 3X₃ ≤ 450 (hours available in department A)
Department B:
Labor hours required for product 1 in department B = 3 hours
Labor hours required for product 2 in department B = 5 hours
Labor hours required for product 3 in department B = 2 hours
3X₁ + 5X₂ + 2X₃ ≤ 350 (hours available in department B)
Department C:
Labor hours required for product 1 in department C = 1 hour
Labor hours required for product 2 in department C = 1 hour
Labor hours required for product 3 in department C = 3 hours
1X₁ + 1X₂ + 3X₃ ≤ 50 (hours available in department C)
Non-negativity constraints:
X₁, X₂, X₃ ≥ 0 (only positive values are allowed)
Thus, the linear programming model for maximizing total profit contribution for Hart Manufacturing is as follows:
Maximize Z = 25X₁ + 28X₂ + 30X₃
Subject to:
2X₁ + 4X₂ + 3X₃ ≤ 450
3X₁ + 5X₂ + 2X₃ ≤ 350
1X₁ + 1X₂ + 3X₃ ≤ 50
X₁, X₂, X₃ ≥ 0.
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The economic way of thinking is best described as
A.
a set of economic rules handed down from one generation to the next.
B.
the glossary of terms at the back of your textbook.
C.
the collected writings of the economics Nobel Prize winners.
D.
an analytical framework enabling one to reach informed conclusions.
Suppose
a student
is trying to decide whether or not to
take another economics class another .
Which of the following is not an aspect of the economic way of thinking that would apply in this? decision-making process?
A.
Responding to incentives.
B.
Flipping a coin.
C.
Rationality.
D.
?Self-interest.
To which of the following? household-type(s) does the phrase? "unlimited wants'
and 'limited resources'
?apply?
I. A? low-income household
II. A? middle-income household
III. A? high-income household
A.
II only .
B.
I only.
C.
Both I and? II, but not III.
D.
?I, II, and III.
One reason that economists use microeconomics as the basis of macroeconomic analysis is
A.
microeconomic analysis was developed before macroeconomic analysis.
B.
macroeconomics is just microeconomics applied to different questions.
C.
that all choices are made by individuals and firms.
D.
that the small details are more important than the large overview.
The three fundamental economic questions that a nation addresses in order to allocate? society's scarce resources include all of the following ?except:
A.
For whom will the items be? produced?
B.
What and how much will be? produced?
C.
How will the items be? produced?
D.
Why will the items be? produced?
The economic way of thinking is best described as An analytical framework enabling one to reach informed conclusions.
What is the economic way of thinking ?A decision that best satisfies the wants of the person making it while making best use of the resources at hand.Critical Analysis of Economics:It is founded on the rational norms used for an objective approach that is self-disciplined, self-monitored, and self-corrected when evaluating factual facts.It is often believed that economics is a selfish discipline and style of thinking. This is mostly explained by the notion that people always act in their own best interests and consider these interests while making decisions.The economic way of thinking is best described as An analytical framework enabling one to reach informed conclusions.The complete question is
The economic way of thinking is best described as
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fill in the blank. suppose that expected inflation is 3 percent and the nominal interest rate is 8 percent. if actual inflation is 2 percent higher than expected, then the ex ante real interest rate is___percent, the ex post real interest rate is 3 percent, and there is an unexpected transfer of wealth from___.
the ex ante real interest rate is 5 percent, the ex post real interest rate is 5 percent, and there is an unexpected transfer of wealth from savers to borrowers.
The unanticipated wealth transfer is from savers to borrowers, and the ex ante real interest rate is 5%. The ex post real interest rate is 3 percent, which is lower than the ex ante real interest rate when actual inflation is 2 percent greater than anticipated. This results in an unanticipated wealth transfer from savers to borrowers since savings are worse off than expected and borrowing is better than predicted. A real interest rate is the market interest rate as seen, with inflation impacts taken into account. It depicts the value of the interest paid on a loan or investment in terms of its buying power. Additionally, it shows how much a borrower and lender value time.
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alexis owns a fried chicken restaurant, tender times. when her area is rezoned from commercial to residential, alexis is allowed to continue operating tender times in the same location.
Alexis owns a fried chicken restaurant, tender times. when her area is rezoned from commercial to residential, Alexis is allowed to continue operating tender times in the same location. The ype of property use called is Nonconforming use
What is Nonconforming use?
In urban planning, a nonconforming use is a sort of zoning variance in which a parcel of property may be granted a zoning exception because of changes done by a previous owner or before the current zoning rules deemed the desired use non-conforming under local law.
A request for a variance is made by a property owner to depart from the present zoning regulations for a variety of reasons. A local governing body enacts a zoning legislation, sometimes known as a zoning ordinance, to specify the permitted uses of land in a specific area or zone.
When the use of one's land, building, or structure is not permitted by the current zoning by-law but is permitted by a former by-law, it is said to be a legal non-conforming use.
Existing uses and locations that do not comply with the surface water zones at the time the bylaw was adopted are grandfathered and are regarded as legally non-conforming.
Section 910 of the Local Government Act governs nonconforming usage and location.
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marshall has received an inheritance and wants to invest a sum of money today that will yield $5,500 at the end of each of the next 10 years. assuming he can earn an interest rate of 5% compounded annually, how much of his inheritance must he invest today? (pv of $1, fv of $1, pva of $1, and fva of $1) (use appropriate factor(s) from the tables provided.)
He ought to put $3376.45 into the market, assuming he can earn a 5% annual compound interest rate.
What is the rate of interest?
The cost of borrowing money interest. When a lender makes a loan, they earn from the interest that is added to the principal loan amount. The actual price you pay for a home, a car, or other credit-based transaction depends on the interest rate.
Depending on the type of loan, an interest rate is calculated differently. After your loan is fully repaid, interest affects the overall cost you pay. For instance, if you borrow $100 at 5% interest, you will have to repay the lender $105 in total. The lender will earn $5.
Calculation:
To determine the amount of inheritance Marshall should invest today, we have to calculate the present value of $5,500.
PV = FV (1 + r)^(-n)
FV = Future value = $5,500
P = Present value
R = interest rate 5%
N = number of years 10
[tex]5500(1.05)^{-10} = 3376.45[/tex]
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The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 60,000 shares were originally issued and 10,000 were subsequently reacquired. What is the amount of cash dividends to be paid if a $2 per share dividend is declared?
If a $2 per share dividend is declared, $100,000 in cash dividends will be paid.
Define the term Cash Dividend?A dividend that is only given to stockholders in cash is known as a "ash dividend." It refers to the portion of the company's profits that is distributed to the shareholders as a dividend. The dividend is deducted from the share price following the dividend payment.For calculating the cash dividend payment amount. To begin, you must determine how many shares were outstanding just at time of the dividend declaration:
No. of the Share outstanding = No. of the shares issued − No. of the shares acquired
= 60,000 - 10,000
= 50, 000
Total amount of the Cash Dividend = No. of share outstanding × Dividend per share
= 50,000 x 2
= 100,000
Thus, if a $2 per share dividend is declared, $100,000 in cash dividends will be paid.
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identify which of the following scenarios is likely to shift the demand for wheat bread to the right. instructions: you may select more than one answer. click the box with a check mark for the correct answers and click twice to empty the box for the wrong answers. you must click to select or deselect each option in order to receive full credit. check all that apply the population of arizona grows by 20%. a drought in kansas makes people believe that the price of wheat bread will increase in a couple of months. people learn that certain bread additives may be bad for their health.unanswered as people become more health conscious, they discover the benefits of whole wheat as a part of their diet.
People learn the advantages of eating whole grain wheat as their diets grow more health-conscious.
What is whole grain?In contrast to refined grains, which only maintain the endosperm, a whole grain is any cereal or pseudocereal that contains the endosperm, germ, and bran. Consuming whole grains as part of a generally balanced diet is linked to a lower risk of numerous diseases. One of the healthiest whole grains you can consume is oats. In addition to being rich in fibre, vitamins, and minerals, they are also naturally gluten-free. Oats are also a good source of antioxidants, including avenanthramide. According to the most recent Dietary Guidelines for Americans, published in January 2020, all individuals should consume three to five servings of whole grains, or at least half of their daily grain intake. Even young children require at least 2 to 3 servings.
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suppose you are told that a firefighter in poland who makes $750.00 has a z-score of 2.00 relative to other firefighters in poland and that the standard deviation of the salary of firefighters in poland is $125.00. the average salary, then, for firefighters in poland is .
The average salary for firefighters in Poland is $1000.The average payment for firefighters in Poland can be calculated using the z- score and standard deviations information handed.
Given that the z- score of the firefighter making $750 is 2.00 and the standard divagation of firefighter hires in Poland is$ 125, we can use the following formula to calculate the mean:
mean = (z-score × standard deviation) + 750
mean = (2 × 125) + 750
mean = 1000
So the average salary for firefighters in Poland is $1000.
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FILL IN THE BLANK ______can be defined as the extent to which there is alignment between a firm's operational capabilities, its value proposition, and desires of its critical customers.
A rigorous process of identifying potential sources of data loss or disclosure, contrasting those sources with the value of the data and the available protections.
Identifying as: What does that mean?
(identify as someone/something) To claim membership in a specific group or category; to identify oneself as a member of that group or category. At the age of 15, he first declared himself to be a Christian.
The woman recognised the dog as her missing pet. He recognised the mushroom with accuracy. The criminal suspect was positively identified by the witness. Based on dental data, the corpse was identified.
to identify somebody or something and to state or demonstrate who or what that somebody or thing is: The voice of the mother can be recognised by even the tiniest newborn.
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a company reported the following account balances at year-end: accounts receivable: $12,000; accounts payable: $9,000; accumulated depreciation: $32,000; building: $80,000; cash: $7,000; note payable (90 days): $15,000; prepaid rent: $18,000; office supplies: $3,000; salaries expense: $40,000; revenue: $100,000; unearned revenue: $6,000. the company's current assets at year-end totaled
To determine the company's current assets at year-end, we need to add up the accounts that are considered to be current assets, which are assets that are expected to be converted into cash or used up within one year or the company's operating cycle, whichever is longer.
Cash, Accounts Receivable, Prepaid Rent, Office Supplies
Total Current Assets: $7,000 + $12,000 + $18,000 + $3,000 = $40,000
What are current assets?
Current assets are assets that are expected to be converted into cash or used up within one year or the company's operating cycle, whichever is longer. Examples of current assets include cash, accounts receivable, short-term investments, inventory, prepaid expenses, and other assets that can be quickly converted into cash. Current assets play an important role in a company's financial health and its ability to meet its short-term obligations and fund day-to-day operations.
Hene, the answer is, $40,000
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because business professionals use a large quantity of email for communication, they typically associate emails with which of the following? (choose every correct answer.)
Business people generally link emails with time pressure, email fatigue, and information overload since they employ extensiveness for communication.
Email is what kind of communication?Email is often a one-way means of communication, thus unlike calls, in-person meetings, or online virtual meetings, it does not allow for an immediate exchange of ideas.
The most popular form of communication is email, but why?Because it allows users to communicate information in letter format and potentially take the place of traditional mail methods, email is crucial for communication. Emails, which frequently contain text, documents, and multimedia like images and videos, can be more useful for communication.
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which of the following best explains washington's belief about how african americans should improve their economic position?
The best explains Washington's belief about how African Americans should improve their economic position is:
They should improve their vocational skills and prove their economic value to society.
Washington made the argument that African Americans should focus on education, learning beneficial trades, and starting their own businesses. He believed that hard work, economic progress, as well as merit would demonstrate to whites the importance of blacks to the American economy.
Washington wanted to believe that requiring immediate social equality in the South would be counterproductive. His school aimed to coach African Americans with the most useful skills. Tuskegee Institute had become a research centre for agriculture.
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true/false. with the use of advanced investment techniques, these largely unregulated portfolios are invested in securities. the investment objective is to offset potential losses by investing in counterbalancing securities. they are open to only a select class of investors.
The given statement "With the use of advanced investment techniques, these largely unregulated portfolios are invested in securities with the investment objective to offset potential losses by investing in counterbalancing securities and are open to only a select class of investors." is true.
Thi is because the investment techniques being used aim to manage potential losses by investing in counterbalancing securities.However, the portfolios are largely unregulated and only open to a select class of investors.
This means that investment opportunities are not widely available and may carry a higher level of risk due to the lack of regulation. In addition, the use of advanced investment techniques may not be suitable for all investors, especially those with a conservative investment approach.
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in 2016, gruman uses the machine for 1,700 hours and produces 40,000 units. in 2017, gruman uses the machine for 1,400 hours and produces 32,000 units. if required, round your final answers to the nearest dollar.
Depreciation 1. Straight Line Method: Depreciation for 2016 = 36000,Depreciation for 2017 = 36000 2.Sum of the years Depreciation Method: Depreciation for 2016=60,000,Depreciation for 2017 = 48,000.
Depreciation? What do you mean?The expected decline in value of a fixed asset over the course of a fiscal year is represented by depreciation. Large lump sums are spent on the acquisition of tangible assets like structures, machinery, automobiles, and so on.
1. Straight Line Method
2. Sum of the years depreciation Method.
Solution:
Data Missing:
Machine Price = $198,000
Service Life = 5 years or 10,000 hours
Production = 180,000 units
Residual Value = $18000
Now, the data is complete and can be solved for the above mentioned methods of depreciation.
1. Straight Line Method:
As we know,
Asset Cost = $198,000
Residual Value = $18000
Life in Years = 5
Depreciation:
Formula for Straight Line Depreciation is:
(Asset Cost - Residual Value)/life in years
Plugging in the values:
Depreciation = ($198,000 - $18000)/5
Depreciation = $180,000/5
Depreciation = 36000
It will be same for both the years 2016 and 2017 as well.
2. Sum of the years Depreciation Method:
For this, we need to have the depreciable asset value:
Depreciable Asset Value = (Asset Value - Residual Value)
Depreciable Asset Value = ($198,000 - $18000)
Depreciable Asset Value = $180,000
Sum of the years for 2016
Number of years for 2016 = 5
Sum = 5 + 4 + 3 + 2 + 1 = 15
Number of years for 2017 = 4
So, the formula for depreciation is:
(Number of years for 2016/Sum of Years) x depreciable Asset Value
(5/15) x 180,000 = 60,000
Similarly, for 2017
(Number of years for 2017/Sum of Years) x depreciable Asset Value
(4/15) x 180,000 = 48,000
Hence,
1. Straight Line Method:
Depreciation for 2016 = 36000
Depreciation for 2017 = 36000
2. Sum of the years Depreciation Method:
Depreciation for 2016 = 60,000
Depreciation for 2017 = 48,000
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provide one example of management information systems in the private sector and one in the public sector.
Automated bank tellers, library checkout machines, are some examples of MIS in the public sector. Private sector - Call Centers for order processing, such as for an e-commerce company, and billing.
What is MIS?The division in charge of the hardware and software platforms utilized for crucial business decisions within an organization is known as MIS (management information systems). Information technology as a whole was once housed under the MIS department. Business schools and practitioners referred to MIS rather than IT from the 1960s through the early 1980s. IMIS is the name of a piece of computer software that is used to store, organise, and analyse data. Sales, inventories, equipment, and other business-related data are tracked using management information systems. Mainframe computers were once used to run management information systems. MIS transitioned to running on client/server systems as computing technology advanced. MIS is frequently used today and frequently runs in the cloud or a hybrid cloud.
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when an insurer decides to not renew an existing commercial property policy, it is obliged to follow the cancellation and nonrenewal condition of supplying notice to the policyholder 45 days in advance.
when an insurer decides to not renew an existing commercial property policy, it is obliged to follow the cancellation C. offer the same premium rates and policy coverage as before for an additional 30 days.
Explain the term policy.
A purposeful set of rules designed to direct behaviour and produce logical results is called a policy. A policy is a declaration of intent that is carried out through a method or protocol. Typically, a governing board inside a company adopts policies. Both subjective and objective decision-making can benefit from policies. Policies used in subjective decision-making typically aid senior management with choices that must be based on the relative merits of a variety of aspects, and as a result, are frequently challenging to assess objectively. An example of a policy used in this manner is the work-life balance policy. In addition, governments and other organisations have policies in the form of laws, rules, guidelines, administrative processes, rewards, and voluntary practices. Resources are frequently distributed in accordance with policy choices.
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prepare an income statement for franklin kite company. take your calculations all the way to computing earnings per share. note: round eps answer to 2 decimal places. input all your answers as positive values. sales $ 1,570,000 shares outstanding 108,000 cost of goods sold 970,000 interest expense 20,000 selling and administrative expense 47,000 depreciation expense 30,000 preferred stock dividends 87,000 taxes 113,000
Income Statement of Franklin Kite Co. Particulars Amount (in $) Sales 1110000 Less: Cost of Goods
Calculations all the way to computing earnings per share?
Particulars Amount ($)
Sales 900,000
Less: Cost of goods sold 400,000
Gross profit 500,000
Less: Selling and administrative expenses 60,000
Less: Depreciation expenses 20,000
Less: Interest Expenses 40,000
Operating income 380,000
Less:Taxes 50,000
Net income after tax 330,000
Less: Preferred stock dividend 80,000
Income available for shareholders 250,000
No. of shares outstanding 50,000
Earnings per Share 5
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a decrease in the price of a rivertown ltd. depths dredger, which is a commercial mining product used for underwater mineral extraction, made in the u.s., but not bought by u.s. consumers
A reduction in the price of a rivertown ltd. depth dredge, which is a commercial mining product used for underwater mineral extraction, manufactured in the US but not purchased by the US. consumers is probably due to external economic factors.
What factors influence the internal and external economy?The economy is influenced by a number of factors, the internal economy of a country, is determined by political factors, fiscal policy, and the law of supply and demand. Foreign policy is determined by exchange rates, import taxes and global tariffs.
Therefore, a reduction in the price of an imported or exported product can be caused by a series of factors in the global economy.
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FILL IN THE BLANK As CEO, Juan likes to meet all newly hired employees and share the story of how his grandfather started the company 60 years ago. Juan uses _________ to inspire the new employees.
COMPLETE THE FORMULA As CEO, Juan enjoys welcoming every newly hired staff members and telling them the tale of how his grandfather founded the business 60 years ago. Juan encourages the new hires with .
Is welcoming a correct word?
When you arrive somewhere, if someone is pleasant to you or acts in a friendly manner toward you, you will feel welcomed and joyful. She was really gracious when we got to her place. Good day/night/afternoon, We appreciate having each and every one of you here with us today. Both of you who have been with us for a long time and those of you who are new to the (group/community/association etc.) are extremely welcome.
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under the health insurance portability and accountability act the employees new group health plan will
That required the creation of national standards to protect sensitive patient health information from being disclosed without the patient's consent or knowledge.
What is the Healthcare Health Insurance Portability and Accountability Act?The Health Insurance Portability and Accountability Act (HIPAA) is a federal law that is adopted as United States legislation that offers data privacy and security protections for protecting medical information.To improve efficiency in the healthcare industry, to improve the portability of health insurance, to protect the privacy of patients and health plan members, and to ensure health information is kept secure and patients are notified of breaches of their health data.HIPAA is the federal Health Insurance Portability and Accountability Act of 1996. The primary goal of the law is to make it easier for people to keep health insurance, protect the confidentiality and security of healthcare information and help the healthcare industry control administrative costs.To learn more about HIPAA refers to:
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when melver bank opened its first branch in the county of derenston, jon, the branch manager, arranged an ice-cream stall at the entrance of the bank's building as a treat to the locals of the county. in the context of managerial roles, which of the following roles does jon illustrate in this scenario?
When referring to managerial positions This situation serves as an illustration of the figurehead function. Assuming this job entails carrying out social, ceremonial, and legal duties.
What does the term "figurehead role" mean in the context of "management role"?Assuming this job entails carrying out social, ceremonial, and legal duties. The team is inspired to achieve goals by the Figurehead, who also serves as the organization's representative. This managerial position serves as a source of authority and power for individuals.
What are the interpersonal responsibilities of a figurehead?Interpersonal Role Figurehead - contains symbolic responsibilities of a legal or social nature. Leader is a general term that refers to all facets of effective leadership. This entails creating a team, leading the members, inspiring them, and fostering solid relationships.
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Which of the following predictions appear(s) to follow from a model based on the assumption that rational, self-interested individuals respond to incentives? a. For every ten exam points Myrna must earn in order to pass her economics course and meet her graduation requirements, she will study one additional hour for her economics test next week. b. A coin toss will best predict Leonardo's deci- sion about whether to purchase an expensive business suit or an inexpensive casual outfit to wear next week when he interviews for a high- paying job he is seeking. c. Celeste, who uses earnings from her regularly scheduled hours of part-time work to pay for her room and board at college, will decide to purchase and download a newly released video this week only if she is able to work two addi- tional hours.
This is a Model. The reason behind this is the decision or the conclusion made is base on the realistic data collected. It states that the person has to spend one additional hour in order to earn 10 exam points or exam requirements.
Wht is mpdel?This is not a model. The reason behind this is the decision whether to purchase an expensive business suit or inexpensive one do not involve any realistic data. Also. the test used in the decision making process is tossing a coin; which is no way connected to the data collected. In this case. the decision making process is probability test which is the statistical process of obtaining a decision but it is no way empirical.
Part c.
This is a Model. The reason behind this is the decision making process involves past realistic data. In this case. the person allocates her total income to pay her college and room. Her decision to buy a DVD involves working two additional hours is an empirical testing which can be determined using the given data.
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when a u.s. company purchases and imports electronic parts from china to use to produce smartphones within the united states, this purchase increases the
this purchase increases the investment component of GDP while also decreasing net exports by the same amount. Therefore, the purchase of electronic parts from China causes no overall change in US GDP.
What are the consequences of imports and exports for a specific country?
The import and export activity of a country can affect its GDP, exchange rate, inflation, and interest rates.
When imports exceed exports, a country or region has a trade deficit and its trade balance is negative. However, the terms 'positive' and 'negative' have only a numerical meaning and do not necessarily reflect whether a country's or region's economy is doing well or not.
Therefore, Rising imports and a growing trade deficit can have a negative impact on a country's currency.
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adams company is a manufacturing company that has worked on several production jobs during the first quarter of the year. below is a list of all the jobs for the quarter:
Adams Company's Work in Process ending balance at the end of the first quarter is $1134.
The net residual balance in an entity is the ending or closing balance. It is typically measured as part of the closing process at the completion of a reporting period. The total of all actions in an account is totalled up to create the ending balance, which is then multiplied by the opening balance. Both credit and debit sums are included in this figure. There may be outstanding transactions that haven't been cleared by the bank yet that wouldn't be included in the bank closure report but would be included in an accounting closing statement, causing a bank closing balance to differ from an accounting balance at the end.
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Suppose your expectations regarding the stock price are as follows: compute the mean and standard deviation of the HPR on stocks. What is the Sharpe ratio for this stock? Assuming the risk-free rate of return is 5%.
E(r) = pi ri r = Return of Scenario i occurs s = No of scenario's considered Pi = Probability that scenario ‘i’ will occur E(r) = Expected return ...
What is meant by Sharpe ratio?
To calculate the Sharpe ratio, you first calculate the expected return on an investment portfolio or individual stock and then subtract the risk-free rate of return. Then, you divide that figure by the standard deviation of the portfolio or investment.The Sharpe ratio is a measure of return often used to compare the performance of investment managers by making an adjustment for risk. For example, Investment Manager A generates a return of 15%, and Investment Manager B generates a return of 12%. It appears that manager A is a better performer.Normally, a higher Sharpe ratio indicates good investment performance, given the risk. A Sharpe ratio of less than one is considered less than good.To learn more about Sharpe ratio refers to:
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in preparation of the pro forma income statement, which of the following items are deducted from gross profits to arrive at earnings after taxes?
To determine earnings after taxes, gross profits are reduced by tax expense, general and administrative expense, and interest expense.
Any tax debt a person or company has with the government is considered a tax cost. The tax rate, which is typically expressed as a percentage of the entire amount subject to tax, determines amount of taxes that must be paid. Income taxes, capital gains taxes, payroll taxes, and unemployed taxes are examples of common tax expenses. After considerations including non-deductible expenses, tax assets, and liabilities have been considered, the appropriate tax rate for in an individual or business is multiplied by the income received or created before to taxes.
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which of the following best summarizes the way in which the development of the factory system and the development of new transportation infrastructure such as railways worked together as factors facilitating british industrialization?
In order to produce things more effectively and affordably and to deliver them to new markets, the factory system and new transportation infrastructure, such as railways, were developed. This aided British industrialization.
The factory system is a production strategy that makes use of machinery and labour division.
Factories are often privately held by affluent individuals or corporations who employ the operative labour due to the high capital cost of machinery and factory buildings.
Examples include hammer forges, glassworks, breweries, and early paper mills, where people cleaned woollen cloth.
At the outset of the Industrial Revolution in the late 1700s, the factory system was initially implemented in Great Britain.
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A(n) ___ estate represents the most complete form of ownership of real estate; the owner is free to divide it up into lesser estates and sell, lease, or borrow against them as he or she wishes.Group of answer choicesfee simplefreeholdlifeoutright
A fee simple estate represents the most complete form of ownership of the real estate(A).
The owner of a fee simple estate has the absolute right to use, occupy, and dispose of the property as he or she sees fit. This means that the owner can divide the property into smaller estates, sell or lease parts of it, or even use it as collateral for a loan.
The owner's rights to the property are unlimited and will pass down to their heirs when they die. The fee simple estate is also known as an "absolute estate" because the owner has complete control over the property, subject only to the limitations imposed by law.
In short, a fee simple estate gives the owner the ultimate control over their property and the right to use it in any manner they choose.
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true/false. juliana, a regional director for a national chain of dental clinics, is comparing the goals of the clinics in her region with their recent sales. she identifies three clinics that are underperforming, and she schedules meetings with those managers to discuss corrective action. juliana is engaged in thecontrolling management function.
Yes, Juliana is engaged in the controlling management function. Controlling is a management function that involves measuring the performance of an organization and its employees against established goals, and taking corrective action where necessary.
What is management function?Management is the process of planning, organizing, leading, and controlling resources to achieve organizational goals and objectives. Management functions are the activities which help the managers to manage the organization. These activities include planning, organizing, staffing, leading, and controlling. Planning is the process of setting goals and deciding how to achieve them. Organizing is the process of arranging resources in order to carry out the plan. Staffing is the process of selecting and placing personnel. Leading is the process of influencing and motivating employees to work towards organizational goals. Controlling is the process of monitoring performance, setting standards, and taking corrective action to ensure that the goals are accomplished. These functions are essential for the success of any organization.
In this scenario, Juliana is measuring the performance of the clinics in her region against their established goals, and taking corrective action with the three clinics that are underperforming.
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