Insight and transparency into a company's operations and financial status are provided by financial reporting.
What is the importance of financial reporting?Its goal is to provide the appropriate information to firm stakeholders in the proper amount of detail so they may make more educated decisions.Financial reporting's goal is to give the reporting entity's current and potential investors, lenders, and other creditors financial data they can use to decide whether to give the entity resources.By supplying pertinent information, financial reporting's main goal is to encourage proper and informed decision-making.The capacity to recognise patterns is an advantage. Financial statements show the annual revenue earned by a company, An opportunity to create a budget outline, Considering market trends, disadvantage At-One-Time Analysis is a disadvantage.To learn more about financial refer to:
https://brainly.com/question/26240841
#SPJ4
taxes and subsidies matter because they: multiple select question. have unanticipated effects on other markets. increase the disposable income of consumers. stimulate production or collect revenue. increase the volume of trade among countries. increase efficiency in production by altering the allocation of resources. need help? review these concept resources.
Taxes and subsidies are significant because they stimulate economic activity, raise money, and have unintended consequences on other markets.
What do subsidies mean?Governments support or enhance economic activity in a variety of ways, including through subsidies. Anyone trying to get into business, regardless of the industry or level, must have a solid understanding of how subsidies operate.
Government subsidies are monetary gifts given by the government to private organizations or other public bodies in an effort to boost the economy or advance activities that are beneficial to the general public.
Private enterprises are encouraged to engage in economic activities and business initiatives that the government deems to be in the best interests of the general populace through subsidies.
Learn more about subsidies with the help of the given link:
brainly.com/question/17136613
#SPJ4
which of the following answer choices accurately reflects how the recording of accrued salary expense at the end of the year affects the financial statements of a business?
Increasing liabilities (salaries payable) and expenses as a result of salary expense results in a decline in net income and stockholders' equity (retained earnings).
How are accrued salaries recorded?The accrued salaries entry results in a credit to the accrued wages (or salaries) account and a debit to the compensation (or salaries) expenditure account. As a liability account, the accrued wages account can be found on the balance sheet.
Which of the following best illustrates how recording incurred expense may impact financial statements for a company?When a corporation records an accumulated expense, it signifies that it does so within the current accounting period but will be paid for during a subsequent accounting period. Consequently, liabilities rise.
To know more about expenses visit:-
https://brainly.com/question/14174618
#SPJ4
nick works at a digital appliances manufacturing company. recently, he invented an adapter for televisions, which when connected would reduce the electricity consumption by half. this adapter worked with the earlier television models that the company manufactured, so the company was able to sell this product to their existing customers and to all their new customers. this is an example of a(n) _______ innovation. group of answer choices radical discontinuouscomponentarchitectural
This is an example of a component innovation.
What is component innovation?
Innovations may involve "architectural" alterations to the way various components of a system are assembled. Examples include a vehicle company, a mobile phone company, and a hospital. And innovations can also occur at the "component" level, which refers to the pieces that make up those systems, such as an automobile's engine, brakes, fuel tank, electrics, etc. Component-level modifications may occur independently, but when the entire architecture is altered, there are frequently significant winners and losers.
Try to separate the modifications into those that are architectural and those that are component-based by looking at case studies from the music or lighting industries.
to learn more about component innovation click:
https://brainly.com/question/12064641
#SPJ4
Mijka Company was started on January 1, Year 1. During Year 1, the company experienced the following three accounting events: (1) earned cash revenues of $29,200, (2) paid cash expenses of $13,400, and (3) paid a $1,700 cash dividend to its stockholders. These were the only events that affected the company during Year 1.
Required
a. Record the effects of each accounting event under the appropriate general ledger account headings.
b. Prepare an income statement, statement of changes in stockholders’ equity, and a balance sheet dated December 31, Year 1, for Mijka Company.
Income Statement, Changes in Equity, and the Balance Sheet are important financial statements, which a business prepares to report its financial performance (results), the changes that occur in owners' equity, and the financial position respectively.
What statement of changes in stockholders?
a) Accounting equation to record effects of each event:
1. Assets (Cash) increased $29,500 = Liabilities + Equity (Retained Earnings) increased $29,500.
2. Assets (Cash) decreased $13,500 = Liabilities + Equity (Retained Earnings) decreased $13,500.
3. Assets (Cash) decreased $1,800 = Liabilities + Equity (Retained Earnings) decreased $1,800.
b) Income Statement, Statement of Changes in Stockholders' Equity, and a Balance Sheet dated December 31, 2016:
1) Income Statement for the year ended December 31, 2016:
Sales $29,500
Expenses ($13,500)
Net Income $16,000
Dividend ($1,800)
Retained Earnings $14,200
2) Statement of Changes in Stockholders' Equity:
Retained Earnings b/f $0
Net Income $16,000
Dividend ($1,800)
Retained Earnings $14,200
3. Balance Sheet as at December 31, 2016:
Assets:
Cash ($29,500 - 13,500 - 1,800) $14,200
Liabilities + Equity:
Equity: Retained Earnings $14,200
c) Reason for different terminology to date income statement and balance sheet:
Income statement is prepared for an accounting period. It covers a specified period, while a balance sheet is prepared as at an accounting date. This means that one can prepare a balance sheet daily, or even after each transaction. But, an income statement covers a period of time, say a month, a quarter, or six months, or a year, as the case may be.
To learn more about stockholders refers to:
https://brainly.com/question/12698776
#SPJ4
scarcity multiple choice has been solved in all industrialized nations. has been eliminated in affluent societies such as the united states and canada. persists because economic wants exceed available resources. persists only because countries have failed to achieve continuous full employment.
The scarcity problem persists because economic wants exceed available productive resources.
Economics is the study of scarcity and its effects on the use of resources, the creation of products and services, the development of production and welfare through time, and a wide range of other complicated topics of essential significance to society. A country's economy is made up of its citizens, who purchase goods and services, its companies, who hire people and produce commodities, and its many levels of government, which all engage in the same activities. An economy is simplified as a result of their interactions as a whole. People are the subject of economics at its core. It aims to clarify the motivations behind people's actions, judgements, and responses in the face of challenges or triumphs. Politics, sociology, psychology, and history are all elements of the subject of economics.
learn more about Economics here
https://brainly.com/question/14355320
#SPJ4
FILL IN THE BLANK Research done by the Gallup Institute examining what makes top achievers in business different from their peers showed that top achievers tended to ______.
Top achievers in business tended to leverage their strengths, according to research by the Gallup Institute on what sets them apart from their counterparts.
What actions is the Gallup company taking?After being purchased by SRI, Gallup modified its business strategy to become a management and research consulting company that helps businesses find and address problems affecting both their employees and customers.
Which of the following viewpoints is more likely to investigate a person's hidden motivations?The psychodynamic frame of view was influenced by the works of Sigmund Freud. This approach on psychology and behavior lays significant attention on the unconscious mind, early experiences, and interpersonal interactions in order to comprehend human behavior and treat mental illnesses.
To know more about business visit:-
https://brainly.com/question/15826604
#SPJ4
Similarities aboout prolife and red cross
The similarities between prolife and red cross are as follow:
They are both health movementsThey are both health movementsThey are both continuity of human existence.They are both health movementsThey are both continuity of human existence.They are both non governmental organizationThey are both health movementsThey are both continuity of human existence.They are both non governmental organizationThey are both non profit organization.What is prolifeProlife is a movement which advocate against the practice of abortion and its legality. It also means believing that life should be protected from its beginning to natural death in all or most circumstances..
What is Red crossRed Cross is an an international organization that helps people who are suffering and perform humanitarian services. Its mission is to alleviate human suffering, protect life and health, and uphold human dignity, especially during armed conflicts and other emergencies.
Learn more about health organisation here
https://brainly.com/question/28156083
#SPJ1
Which of the following items is included in the adjustment of net income to obtain cash flow from operating activities?
(a) Depreciation expense for the period.
(b) The change in deferred taxes.
(c) The amount by which equity income recognized exceeds cash received.
(d) All of the above.
Option D is correct. The following items is included in the adjustment of net income to obtain cash flow from operating activities -
(a) Depreciation expense for the period.
(b) The change in deferred taxes.
(c) The amount by which equity income recognized exceeds cash received.
Net income (NI), additionally called net profit, is determined as deals short expense of products sold, selling, general and managerial costs, working costs, devaluation, interest, charges, and different costs. It is a helpful number for financial backers to survey how much income surpasses the costs of an association. This number shows up on an organization's pay proclamation and is likewise a mark of an organization's benefit Organizations utilize net gain to compute their profit per share. Business experts frequently allude to overall gain as the reality since it is at the lower part of the pay articulation. Examiners in the Unified Realm realize NI as benefit owing to investors.
Know more about Net income - https://brainly.com/question/28984298
#SPJ4
the amount of money that people want to hold is greater than the money supply at the current interest rate. which of the following describes the process that returns the money market to equilibrium when the quantity of money demanded is greater than the money supply? choose 1 answer: choose 1 answer: (choice a) a people sell their bonds, which raises bond prices, which in turn decreases interest rates. (choice b) b people sell their bonds, which lowers bond prices, which in turn decreases interest rates. (choice c) c people buy bonds, which lowers bond prices, which in turn increases interest rates. (choice d) d people sell their bonds, which lowers bond prices, which in turn increases interest rates. (choice e) e people buy bonds, which increases bond prices, which in turn lowers interest rates.
People sell their bonds, which lowers bond prices, which in turn increases interest rates best describes the process that returns the money market to equilibrium when the quantity of money demanded is greater than the money supply.
What is money market?Bank accounts, including term certificates of deposit, interbank loans (loans between banks), money market mutual funds, commercial paper, Treasury bills, and securities lending and repurchase agreements are among the items traded in money markets (repos). A part of the economy that offers short-term funding is the money market. Short-term loans are often made on the money market for a year or less. Unorganized marketplaces include money markets. For a brief time, financial institutions, banks, brokers, and money dealers transact business. Some examples of money market products are T Bills, commercial paper, certificates of deposit, trade credit, bills of exchange, promissory notes, call money, etc.
To learn more about money market click,
https://brainly.com/question/1305875
#SPJ4
fill in the blank. identify whether each of the following transactions will take place in the factor marketloading___or in the product marketloading___and whether households or firms are supplying the good or service or demanding the good or service.
Whether households or businesses are supplying the good or service or are in need of the good or service, the following transactions will occur in the factor market loading Factor Supply or in the product market loading Demands.
The "give and take" of microeconomics is supply and demand. What suppliers and manufacturers are ready to grow and what consumers are willing and able to purchase are determined by market economic factors.
Generally speaking, supply is thought to slope higher because suppliers are prepared to create more when prices rise. In general, demand is thought to slope downward since consumers tend to buy less when prices are greater.
The demand for pizza from the first business would decline if there was only one pizza restaurant in a community before a second one appeared.
Throughout the year, the demand for gasoline frequently affects the price of gasoline. Gas costs typically increase in the summer as more people drive.
To learn more about Supply and Demand visit:
https://brainly.com/question/1342403
#SPJ4
fill in the blank. marketspace, or the information exchange environment provided by digitized offerings as demonstrated by the ability of consumers to find water bottle filling stations for hope springs, is considered a trend within the___environment.
Marketspace, or the information exchange environment provided by digitized offerings as demonstrated by the ability of consumers to find water bottle filling stations for hope springs, is considered a trend within the technological environment.
A digital marketplace is a platform that allows consumers and sellers to transact on a product or service. It connects potential purchasers of a service or product with service or product suppliers.
A digital marketplace acts as a go-between for buyers and vendors. It is not the owner of the assets.
The platform gives them the ability to find new trucking service providers. With appropriate scale, the platform also allows the intermediary to optimize the logistics network by spotting empty loads, one of the main issues that truck owners face, and offering loads to ensure that the journey they're making is optimized. They can bring value since they have access to a big volume of data.
Learn more about marketplace here:
https://brainly.com/question/906651
#SPJ4
fill in the blank. Alex plans to purchase a new automobile. His experience as an auto mechanic helps him decide which automobile will be suitable for him. In this case, Alex's experience as an auto mechanic acts as the _____ to purchase the new automobile.
Select one:
a. ability
b. symbol
c. exposure
d. opportunity
e. perception
Alex plans to buy a new automobile. His experience as an auto mechanic assists him to decide which automobile will be suitable for him. In this situation, Alex's experience as an auto mechanic acts as the A: ability to purchase the new automobile.
Alex's experience as an auto mechanic acts as an ability for him to make an informed decision on purchasing a new automobile. With his experience and expertise in auto mechanics, he can assess the various features and performance of different vehicles and determine which one would best meet his needs and expectations.
This ability allows Alex to make an informed and confident decision on the new automobile he plans to purchase, taking into account factors such as reliability, cost-effectiveness, and overall quality. In short, Alex's experience in auto mechanics acts as a key factor in his decision-making process, giving him a competitive advantage in selecting the right vehicle.
You can learn more about informed decision at
https://brainly.com/question/30156825
#SPJ4
All of the following are factors considered when evaluating municipal revenue bond credit risks EXCEPT:
A] Quality of management
[B] Competing facilities
[C] Interest rate movements
[D] Coverage ratios
All of the following are factors considered when evaluating municipal revenue bond credit risks Except Interest rate movements.
What is municipal revenue bond?A revenue bond is a particular sort of municipal bond that differs from other types of bonds in that it guarantees repayment entirely from revenues generated by a specific revenue-generating entity linked to the purpose of the bonds, as opposed to from taxes. Municipal government operations and public works initiatives, such as the construction of new schools or the upkeep of city sewer systems, are funded in part by municipal bonds issued by local and state governments. Municipal bonds, often known as "munis," are debt securities issued by states, cities, counties, and other local bodies to pay for ongoing expenses as well as to fund capital projects like constructing schools, roadways, or sewage systems. Among municipal bonds, revenue bonds are one kind.To learn more about municipal revenue bond refer to:
https://brainly.com/question/10825279
#SPJ4
When an employment practice disproportionately excludes a protected group from employment opportunities, a company can be accused of ___________ impact.
When an employment practice disproportionately excludes a protected group from employment opportunities, a company can be accused of having a "disparate impact."
Disparate impact refers to a neutral employment practice that has a disproportionate adverse impact on a particular group, such as a racial or ethnic minority, women, or individuals with disabilities.
In these cases, the company may not have intended to discriminate, but the impact of the practice has a discriminatory effect that can affect the lives of the employees. This type of discrimination is prohibited by federal and state employment discrimination laws. which can help the community of people to have a job guarantee.
To know more about employment practices
brainly.com/question/10776366
#SPJ4
if peak electricity use occurs around 2p.m. 2 p.m. in the los angeles area and avoiding brownouts is more important to the installers of the pv pv panels than annual energy output, which of the following pv pv panel systems would be best to use in the area?
If preventing brownouts during peak energy demand is more essential to photovoltaic (PV) panel installers in the Los Angeles region, it is recommended to employ a grid-tied PV panel system.
A grid-tied PV panel system is linked to the utility grid and may power the building during peak electricity usage. The extra electricity generated by the PV panels may be sold back to the grid, decreasing peak demand on the system and assisting in the avoidance of brownouts. The objective in this case is to minimize brownouts rather than to maximize the yearly energy production of the PV panels. The installers can ensure that the facility has access to power during peak electricity demand by selecting a grid-tied system. preventing brownouts during peak energy demand is more essential to photovoltaic (PV) panel installers in the Los Angeles region, it is recommended to employ a grid-tied PV panel system.
learn more about PV panels here:
https://brainly.com/question/26978193
#SPJ4
A 65-year old man is retired and living on social security. He is married and his wife does not work. The client has inherited a small amount of money that he wishes to invest. What should you recommend as an investment?
The majority of CDs typically pay interest either daily or monthly.
Are CDs principal protected?If held to maturity and the issuer is able to meet its obligation, investors' principal is fully protected by Principal-Protected Notes and CDs. They give cautious investors the chance to take part in an underlying asset's growth potential.
Compound interest, or the periodic addition of interest earned to principal, is a feature of CDs similar to savings accounts. The new sum then earns interest on its own, and so forth.
The majority of CDs typically pay interest either daily or monthly. Some CDs do, however, pay interest on a quarterly or annual basis. Once more, everything is based on the CD's terms.
To learn more about investment refer to:
https://brainly.com/question/29547577
#SPJ4
TRUE OR FALSE wholesalers may resell product to all retail channels. however, at the beginning of the simulation, they do not sell to the web-based / other home delivery channel.
The statement that " wholesalers may resell product to all retail channels. however, at the beginning of the simulation, they do not sell to the web-based / other home delivery channel" is true.
How do wholesalers resell ?Wholesalers typically sell products to various retail channels, including brick-and-mortar stores, online retailers, and other distributors.
However, it is possible that at the start of a simulation or in a particular scenario, a wholesaler may choose not to sell to a specific retail channel, such as the web-based or home delivery channel, for strategic or business reasons.
Find out more on wholesalers at https://brainly.com/question/28256108
#SPJ1
which of the following would increase the bargaining power of buyers? (select all that apply) when switching costs are high when buyers have increased access to information about competitor pricing and quality when there are few large buyers none of the above
When switching costs are high would increase bargaining power of the buyers.
What are switching costs?In the disciplines of microeconomics, strategic management, and marketing, the terms switching costs and switching barriers are commonly employed. They could be referred to as the downsides or expenses that customers feel compelled to pay for as well as the financial and emotional costs involved with changing their minds. Since it's challenging to switch internet service providers, switching is challenging. The three primary types of switching costs are relationship switching costs, monetary switching costs, and procedural switching costs. Relational switching barriers consider the emotional distress brought on by the loss of identity and the breaking of bonds. A financial switching barrier is the loss of resources that can be valued monetarily. Procedural switching barriers are the costs in time and resources associated with switching suppliers.
To learn more about switching costs, visit:
https://brainly.com/question/29608645
#SPJ4
True or Falsethe more compounding intervals that occur in a given year, the smaller the total accumulated amount of money.
The overall amount of money that has been accumulated is falsely smaller the more compounding intervals there are in a given year. Therefore, the statement is false.
What is compounding?
Compounding is the process through which earnings from an asset, such as interest or capital gains, are reinvested to produce more earnings over time. The investment will produce earnings from both its initial principal and the accumulated earnings from prior periods, which are calculated using exponential functions. Compounding can happen with investments, making money increase faster, or with debt, increasing the balance owing even when payments are being made. Since only the principal earns interest each cycle in linear growth, compounding varies from that method.
To learn more about compounding visit;
https://brainly.com/question/2141469
#SPJ4
the statement of cash flows takes some of its information from the balance sheet and the income statement. balance sheet cash transactions are transferred to the statement of cash flows. for example, buying new equipment with cash increases your long-term balance sheet items and appears as a cash outflow on the statement of cash flows. income statement expenses paid in cash are listed on the statement of cash flows as a cash outflow. when completed, the statement of cash flows reveals how much cash your business took in and how it was used
In contrast to absolute dollar numbers at a certain point in time, a cash flow statement displays changes over time.
What does the balance sheet's statement of cash flows reveal?The cash inflows and outflows for a corporation are shown on the cash flow statement, period by period. In other words, the balance sheet shows the assets and liabilities that have partially resulted.
What data does the cash flow statement provide that the balance sheet and income statement do not?For instance, be sure to include the balance sheets from 2018 and 2019 when calculating cash flow for 2019. The CFS stands apart from the balance sheet and the income statement.
To know more about cash flow visit:-
https://brainly.com/question/29768594
#SPJ4
daves, inc., purchased a 1-year insurance policy for $4,800 on july 1. insurance expense for the quarter ending september 30 is _________
The insurance expense for the quarter ending September 30 would be $1,200.
This comes from taking the total cost of the insurance policy ($4,800) and dividing it by the total number of quarters in the policy period (4). This formula is commonly used to allocate the cost of insurance policies over the length of the policy period.
The reason for this is two-fold. First, it allows the company to spread out the cost of the policy over a period of time instead of having to pay for the entire policy upfront.
This can make it easier for companies to budget for the cost of insurance and to plan for the cost of renewing the policy when it is up for renewal. Second, it allows the company to recognize the cost of the insurance in the same period as the benefit is being received. This is important for accurate financial reporting purposes.
In conclusion, the insurance expense for the quarter ending September 30 would be $1,200.
For more questions like Insurance click the link below:
https://brainly.com/question/14157130
#SPJ4
anna is an account rep for a financial firm and has submitted a ticket in the company ticketing system to resolve an issue with a high-profile customer's account. the account is frequently losing important financial transactions. she has filled out the following information on the ticket:
No, this action provides what the support operator needs to help resolve the ticketing system issue.
An organization employs an issue ticketing system to keep track of the discovery, reporting, and response of client tickets. Platforms for customer messaging are very different from ticketing services. Every time a user submits a question, ticketing solutions start a new dialogue.
For customer support representatives, it is quite challenging to understand the context of other discussions that are taking place. Reservations do not automatically grant a passenger the right to travel.
A ticket that is connected to the registration and entitles the passenger to travel is only provided after the airline has the cash or a ticket redeems miles or points. A management tool known as a ticketing system processes and logs client requests.
Learn more about the ticketing system issue here:
https://brainly.com/question/14758650
#SPJ4
Complete question:
Anna is an account rep for a financial firm and has submitted a ticket in the company ticketing system to resolve an issue with a high-profile customer's account. The account is frequently losing important financial transactions. She has filled out the following information on the ticket:
Customer's name and contact information Relevant problem information
After waiting three days, the ticket is assigned to a tier-two support operator and set to an in-progress status. In addition, the operator sends the ticket back to Anna with a request for information about her work computer. She is frustrated because a resolution to the issue is not being addressed. Anna adds additional information in the ticket description about the importance of resolving the issue immediately. She also includes the make and model of her work computer and then sends the ticket back to the support operator. Does this action provide what the support operator needs to help resolve the ticketing system issue?
Which of the following graphical depictions are useful to observe the shape (distribution) of a data set for a single variable?O Scatterplot, O Stem-and-leaf diagram, O Histogram, O Polygon
The three graphical representations—a polygon, a histogram, and a stem-and-leaf diagram—are helpful for observing the shape (distribution) of a data set for a single variable.
A histogram is what?How frequently each distinct value appears in a set of data is shown by its frequency distribution. A histogram is a graph that is used the most frequently to show frequency distributions.
Despite how much it resembles a bar chart, there are important differences. This helpful data-gathering and analysis tool is one of the seven core quality tools. When to use a histogram
The info is numerical.When establishing whether the output of a process is distributed roughly regularly, you want to see how the data are dispersed.Evaluating a method's ability to meet the needs of the consumer.Learn more about histograms with the help of the given link:
brainly.com/question/14421716
#SPJ4
which of the following serves to relay important information about a transaction to the accountant? (select all that apply.)
These serve as important to relay important information about a transaction to accountant A. Sales invoices, B. Bills from suppliers, C. Cash register tapes.
Any financial business event that has an impact on a company's financial statements is referred to as a transaction in accounting. There are several items that become transactions since transactions comprise any occurrence that has a monetary impact on our financial records.
The accountant records the financial transactions for a variety of reasons, including examining the company's profitability, solvency, and liquidity, to provide it to general-purpose users, and to provide it to stakeholders.
The contract on services and products that are created, reached, and/or processed as the basis for the current framework contract is known as the Basic Transaction. Here are some examples of transactions: paying a source for products or services received.
Learn more about transactions here:
https://brainly.com/question/14643061
#SPJ4
Complete question:
which of the following serves to relay important information about a transaction to the accountant? (select all that apply.)
A. Sales invoices
B. Bills from suppliers
C. Cash register tapes
D. Retained earrings
FILL IN THE BLANK on an annual basis, organizations with blank_____or more employees must file a report with the eeoc listing the number of women and minorities employed in nine job categories.
Employers with over 100 employees are required to provide the EEOC with workforce information (lower thresholds apply to federal contractors). Employers who fulfil the reporting standards are required by law to furnish the information; doing so is not optional.
EEO reporting: What is it?
Every year, all private sector companies with 100 or more employees and federal contractors with 50 or more employees that satisfy specific requirements are required to submit demographic workforce statistics, including information by race/ethnicity, sex, and job categories. The Equal Employment Opportunity (EEO) rules, which forbid discrimination in employment practises on the basis of race, colour, religion, national origin, sex, age, or handicap, are documented using the EEO Documentation Form.
To know more about EEO reporting click on the link below:
https://brainly.com/question/28426646
#SPJ4
The government announces that it will dramatically rewrite efficiency standards, making it much harder for automakers to produce their cars O Technology O Number of seßers O Prices of inputs O Prices of related goods O Expectations
The government announces that it will dramatically rewrite efficiency standards, making it much harder for automakers to produce their cars Technology.
What is efficiency standards?
With the help of manufacturers, energy specialists, consumer advocacy groups, and other stakeholders, standards for appliances and equipment are created and put out as federal rules. When new appliance standards go into effect, they forbid the manufacture, importation, or sale of goods that fall short of the minimum efficiency criteria. Installed equipment is exempt from the rules, and manufacturers have a grace period for selling inventory that does not adhere to the new requirements.
The Energy Policy and Conservation Act gives DOE the authority to enforce equipment and appliance requirements. Products marketed in the US must comply with energy and water conservation criteria, according to the Department's Office of Enforcement. The Code of Federal Regulations contains regulations for various items and equipment on certification, compliance, and enforcement (CFR)
To study more about efficiency standards
https://brainly.com/question/18370625
#SPJ1
(figure: budget lines for tangerines and watermelons) use figure: budget lines for tangerines and watermelons. for some time, albert has $5 per month to spend on tangerines and watermelons. the price of a tangerine is $0.50, and the price of a watermelon is $0.25. which chart shows what will happen to his budget line if the price of a watermelon rises to $0.50?
If his income drops to $2.50, his budget line will be affected because an apple costs $0.25.
What is meant by budget?A budget is a series of calculations for a specific time period, usually a year or a month, however this isn't always the case in the financial world. Expected sales and income levels as well as resource amounts like time, costs, and expenses may be included in a budget. Along with assets, liabilities, and cash flows, it might also incorporate additional effects like greenhouse gas emissions.
Budgets are used by businesses, governments, households, and other groups to quantify their overall plans of action. An articulated budget makes recommendations for distributing money to pay for anticipated costs. deficits, which occur when expenses surpass receipts or other available money, can be carried over for future use.
Therefore, the price of an apple is $0.25 will happen to his budget line if his income decreases to $2.50.
To learn more about budget refer to:
brainly.com/question/13964173
#SPJ4
Carl puts $10,000 into a bank account that pays an effective annual interest rate of 4% for ten years, with interest credited at the end of each year. If a withdrawal is made during the first five and one-half years, a penalty of 5% of the withdrawl is made. Carl withdraws and amount (X) at the end of years 4, 5, 6 and 7. The balance in the account at the end of year 10 is $10,000.
Calculate the amount withdrawn (X).
The amount withdrawn (X) be 980 dollars.
What is meant by annual interest?The cost of borrowing money annually, including fees, is stated as a percentage and is known as the annual percentage rate (APR). The APR is a more comprehensive indicator of how much borrowing money will cost you because it includes both interest rates and application fees.
Instead of just a monthly fee or rate, the term annual percentage rate of charge refers to the interest rate for the entire year as applied to a loan, home loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is a financial fee that is calculated at an annual rate.
The amount = puts in the bank is 10000
Interest rate, 4% = 0.04
Penalty = 0.05
To estimate the value of K,
10000 x 1.04¹⁰ - (1.05k(1.04⁶) - 1.05k(1.04)⁵ - (k(1.04)⁴ - k(1.04)³) = 10000
10000 x 1.04¹⁰ is approximately 14802
When solve out 1.05k(1.04⁶) - 1.05k(1.04)⁵ - (k(1.04)⁴ - k(1.04)³)
We get 4.9k,
simplifying the above equation, we get
14802 - 4.9k = 10000
14802 - 10000 = 4.9k
4802 = 4.9k
Divide through by 4.9, we get
4802/4.9 = 980 dollars
Therefore, the amount withdrawn (X) be 980 dollars.
To learn more about Interest rate refer to:
https://brainly.com/question/28752423
#SPJ4
you have paid $100 for student season tickets to the football games at your university. it is halfway through the season, and the team has not won any games. you are considering whether you will attend any future games this season. all of the following are costs or benefits you should consider when making this decision except the
When making this decision except the $100 you spent on the season tickets
You can meet the customers halfway by adding a few dollars to the price of the special ticket while also include a bonus, such a free drink, a discount on the following purchase, or a second ticket at half price. Which choice you choose will depend on your objectives and the reason you are selling the ticket. Using coupons makes everyone happy since they feel as though they have saved money. That is true. If you give your target market a 10% discount off their total bill or cut the price of some items, they are happy and believe their shopping strategy was effective.
To learn more tickets refer here:
https://brainly.com/question/26068407
#SPJ4
true/false. suppose that you have been given a summer job as an intern at issac aircams, a company that manufactures sophisticated spy cameras for remote-controlled military reconnaissance aircraft. the company, which is privately owned, has approached a bank for a loan to help finance its growth. the bank requires financial statements before approving the loan.
Above statement is true. Costs incurred for the period's general business operations are referred to as period cost. Product costs are the expenses incurred to produce a product.
Automobile depreciation for salespeople - Period
Rental fees for factory equipment - Product
lubricants for maintaining machinery - Product
Wages for those employed in the completed goods warehouse - Period
Manufacturing workers use soap and paper towels at the end of their shift - Product
Pay for factory managers - Product
The amount of power, heat, and water used in the factory - Product
Materials used to package goods for international shipping. (Units are typically not packed.) - Period
Cost of advertising - Period
Insurance for workers' compensation for factory workers - Product
The lunchroom furniture in the factory has lost value - Product
The administrative offices' receptionists' salaries - Period
Cost of leasing the company's leaders' corporate jet - Period
The price of lodging at a resort in Florida for the yearly sales convention - Period
The price of packing the business's goods - Product
To know more about Period cost visit: brainly.com/question/29590425
#SPJ4