In an analysis of the market for paint, an economist discovers the facts listed below. State whether each of these changes will affect demand (D) or supply (S), and in what direction. 1. There have recently been some important cost-saving inventions in the technology for making paint. 2. Paint is lasting longer, so that property owners need not repaint as often. 3. Because of severe hailstorms, many people need to repaint now. 4. The hailstorms damaged several factories that make paint, forcing them to close down for several months. 5. Property owners become pessimist and start to believe that paint prices will keep rising in the future. a. 1: S shifts to the left, 2:D shifts to the right, 3: D shifts to the left, 4: S shifts to the right, 5: D shifts to the left. b. 1: S shifts to the right, 2: D shifts to the left, 3: D shifts to the right, 4: S shifts to the left, 5: D shifts to the left. c. 1: S shifts to the left, 2: D shifts to the right, 3: D shifts to the left, 4: S shifts to the right, 5: no curve shifts. d. 1: S shifts to the right, 2: D shifts to the left, 3: D shifts to the right, 4: S shifts to the left, 5:-D shifts to the right. e. None of the alternatives is correct.

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Answer 1

These changes will affect demand (D) or supply (S) in the following ways- 1)S shifts to the right  2)D shifts to the left  3)D shifts to the right  4)S shifts to the left  5)D shifts to the right.  

What does demand mean?

Demand is just a consumer's desire to buy products and services immediately and to pay the price associated with them. Demand can be defined as the quantity of things that consumers are prepared and willing to purchase at various prices within a specific time frame.

What are the determinants of demand?

The price, buyer income, the price of similar commodities, consumer tastes, and any customer expectations of future supply and pricing all affect the quantity demanded (qD). The amount demanded changes as a result of various variables.

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Related Questions

Residual income (RI) is a performance evaluation that is used in conjunction with, or instead of, return on investment (ROI). In many cases, residual income is preferred to ROI because:
A. With RI, desirable investment projects will not be neglected by high return divisions.
B. RI is easier to compute than ROI.
C. RI is a measure over time, while ROI represents the results for one period.
D. RI concentrates on maximizing a percentage return rather than absolute dollars of income.
E. With RI, the problems associated with measuring the assets base are eliminated

Answers

In terms of return on investment, residual income is more concerned with maximizing a percentage than an absolute dollar amount.

Residual income: What is it?

Residual income is the money you have after paying your usual expenses like your mortgage, credit card bills, utilities, groceries, and auto payments. This extra money can be put to good use for savings, investments, debt repayment, or even a trip fund. Residual income is net income less a deduction for the cost of equity capital. The deduction, referred to as the equity charge, is produced by multiplying equity capital by the statutory rate of return on equity (the cost of equity capital in percent). ROI allows businesses to compare the effectiveness and profitability of any number of investments. The revenue that a Residual income is calculated as an investment's excess above the operating assets' lowest return.

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fill in the blank. managers under pressure to meet sales, production, or other targets are thought to be managing for___, while managers who try to understand the increasingly interconnected nature of business around the world are managing for___.

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Managers under pressure to meet sales, production, or other targets are thought to be managing for short-term results, while managers who try to understand the increasingly interconnected nature of business around the world are managing for long-term sustainability.

Long-term sustainability is just a business proposition that has received a lot of attention recently, thanks to disclosures concerning global warming and depleting natural resources. Long-term sustainability, in its most basic level, implies that a firm will increase its prospects of existence in the future by ensuring that the resources employed by the organization are appropriately controlled and maintained. According to a United Nations research conducted in 2010, the great majority of corporate chief executives (CEOs) feel that long-term sustainability is a crucial determinant in long-term performance. When contemplating how the assets of one firm might impact the resources of another, long-term sustainability is becoming more complicated. By demonstrating a corporation's interest in resource conservation and responsible business practices, the proprietors of that company have a better chance of being included in or advised by regulatory panels that will set future procedures. Long-term sustainability implies that, at the most basic level, humans are the most important resource.

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willie owns his own consulting business. he is very intelligent and able to connect with his clients in a meaningful way. he has a significant amount of repeat business but finds he struggles to track the hours he works, which has resulted in underbilling for his services. recognizing this, willie hires an administrative assistant who tracks the details and oversees invoicing. this scenario best represents .

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Willie appoints an administrative assistant who keeps track of the specifics and manages billing after realizing this. This situation perfectly exemplifies dealing with your flaws.

"Full knowledge of your business"—what does it entail exactly?

You can think of your knowledge base as being composed of both the skills of your team and your understanding of customer needs. You may manage your firm more effectively, lower business risks, and take full advantage of possibilities by effectively employing this knowledge. There is a knowledge advantage in this.

Realizing that you are not perfect will help you start being more honest with yourself if you are willing to accept your shortcomings. It allows you to see things objectively. In a broader sense, you are creating a more solid framework for your reality by letting go of your unmet identity.

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suppose a restaurant offers a chicken sandwich on their menu. of the following ways to list the sandwich on the menu, which is not a method the video suggests will increase sales of that sandwich?

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"Grilled Chicken Sandwich - $8.50". This is not a method suggested in the video to increase sales of the sandwich. Grilled chicken sandwiches are a healthy option for lunch or dinner.

What is a Grilled Chicken Sandwich?

A grilled chicken sandwich is a popular sandwich that is made by cooking chicken on a grill or griddle. The chicken is usually marinated in a mixture of herbs and spices, then cooked on the grill until it is cooked through. The chicken is then served on a toasted bun, topped with lettuce, tomato, onion, cheese, and other condiments such as mayonnaise, mustard, and ketchup. This sandwich is popular for its ease of preparation and its delicious flavor. It can be served hot or cold, and can be served as an entree or a snack. Grilled chicken sandwiches are a healthy option for lunch or dinner and can be enjoyed by people of all ages.

So, "Grilled Chicken Sandwich - $8.50". This is not a method suggested in the video to increase sales of the sandwich.

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Fatima chooses to remain in her old job rather than look for a new one elsewhere. what are her constraints?

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Answer:

There can be various constraints that may have led Fatima to choose to remain in her old job rather than look for a new one elsewhere. Some possible constraints include:

Financial stability: Fatima may have a steady income and benefits in her current job and may not want to risk losing that stability by seeking a new job.

Familiarity and comfort: Fatima may be comfortable in her current job and may not want to deal with the stress and uncertainty of finding a new job.

Lack of job opportunities: There may not be many job opportunities available in her desired field or location, making it difficult for Fatima to find a job that meets her requirements.

Skills and qualifications: Fatima may not have the necessary skills or qualifications for a new job, or may not want to invest the time and money to acquire them.

Personal or family responsibilities: Fatima may have personal or family responsibilities that make it difficult for her to leave her current job and search for a new one.

These are just a few of the many possible constraints that Fatima may face. Understanding her specific constraints can help her make informed decisions about her career.

as a component of the situation analysis, a___focuses on the current state of the market to which the firm will sell its products. (enter one word in each blank.)

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As a component of the situation analysis, a Market Research focuses on the current state of the market to which the firm will sell its products.

What do you know about a Market Research?

Market research is a process of collecting, analysing and interpreting data in order to make business decisions. It involves researching the target market, segmenting the market, assessing customer needs and preferences, understanding the competition and setting objectives. This helps businesses to understand their market better and create a product or service that meets the needs of their customers. It is important to understand the current market trends and customer behaviour in order to create a successful strategy. Market research also helps businesses to identify new opportunities, launch new products, assess customer satisfaction and measure the effectiveness of their marketing efforts.

So, The required answer is  Market Research.

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Which of the following CANNOT be explained by the economics model of pay?
a. Why there is a wide range of pay level difference among compensation specialists within the Dallas area
b.Why typewriters are paid more in the 1980s than now in terms or real wage.
c.Why lawyers are paid more in Dallas than in Killeen.
d.Why software engineers are paid more than fast food restaurant cooks within the Dallas area

Answers

The following cannot be explained by the economics model of pay: Why there is a wide range of pay level difference among compensation specialists within the Dallas area. Thus option (A) is correct.

What is economic model?

An economic model is a simplified representation of a real-world economic situation or phenomenon that is used to analyze and understand the underlying economic principles at work.

The following cannot be explained by the economics model of pay: Why there is a wide range of pay level difference among compensation specialists within the Dallas area. Therefore, option (A) is correct.

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Which of the following coverages will pay extra costs necessary to make temporary repairs?
A. Property damage
B. Expediting expenses
C. Business income and extra expense
D. Spoilage damage

Answers

The answer is option a. Property damage, it will pay extra costs necessary to make temporary repairs.

What does the word "property" actually mean?

Property is an item of law that encompasses possessions or riches collectively and frequently has a strong sense of individual ownership. The complex of legal connections between and among people regarding items is referred to as "jural relationships" in law.

An illustration of a property is...

Anything that a person or organization has legal ownership over is considered property. Property can refer to both tangible goods with a future value, like houses, automobiles, or appliances, as well as intangible items with no future value, like stock and bond certificates.

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The first study conducted at the Hawthorne plant as part of what is now known as the Hawthorne Studies sought to assess whether ________

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The first study conducted at the Hawthorne plant as part of what is now known as the Hawthorne Studies sought to assess whether or not workplace lighting level affected worker productivity.

The Hawthorne experiments were a series of worker productivity studies that began in 1924 at the Western Electric plant near Chicago, Illinois.

The Hawthorne investigations investigated the effects of lighting, work breaks, and pay incentives. They also included a comprehensive interviewing program in which employees may express their criticisms and concerns.

Several productivity studies and worker groups were included in the Hawthorne studies. When the Hawthorne studies concluded in 1932, almost 20,000 employees had taken part in some way. Many reports of the Hawthorne research concentrate on a particular set of workers, ignoring the lack of support for the so-called Hawthorne effect and other variables that contributed to productivity gains.

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independent administrative agencies differ from executive branch departments in which of the following ways?

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Compared to departments, administrative agencies provide a more specific purpose. However, departments are not protected from partisan politics while making decisions. This is true for agencies.

What does the term "administrative agency" mean?

a government agency with the power to create more exacting and complex rules than are conceivable in a legislative environment in order to carry out legislative mandates. Numerous administrative organisations are also charged with enforcing the legislation.

The creation and issuance of regulations that affect legislation is one of the main responsibilities of administrative agencies. Administrative regulations may be legislative, procedural, interpretive, or internal in nature. The most significant regulations are legislative ones since they typically have legal power and supplement statute law.

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Which of the following is the most appropriate way to handle a conflict of conscience relating to a project?
Notify relevant parties that a conflict may exist and seek advice about whether to accept or decline the project.
Remain quiet about the conflict and continue with one's work.
Report the issue to the institution's research misconduct office.
Follow all of the federal regulations relating to conflicts of conscience.

Answers

The correct option is A. Notify relevant parties that a conflict may exist and seek advice about whether to accept or decline the project.

All details of the Applicant in the facts of his taking part in the financial institution at the time he makes his electronic application shall be deemed to be actual and accurate and the relevant taking part bank and the relevant parties will be entitled to rely on the accuracy thereof. applicable events mean the Agent, every Borrower, each safety party, the security Trustee, every Lender, and the switch financial institution.

it's far stated that the relevant parties are accountable below the Transaction files for performing a ramification of responsibilities relating to the series trust. it's miles stated that the applicable events are responsible below the Transaction documents for performing an expansion of obligations referring to the trust.

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abc trading co. commenced operations during the year as a large importer and exporter of sundries. the imports were all from one overseas country. abc's export sales were conducted as drop shipments and transshipped to its customers. abc trading reported the following data:

Answers

Inventory will cost 1,800,000 in total.

300,000 free goods are capitalised through inventories.

We arrive at the year-end inventory valuation for ABC Trading Co.

Moreover, we are aware that the cost of transporting goods abroad to clients counts as a selling expense but does not include inventory.

abc trading co. costs = ( Inventory at year-end ÷ Purchases during the year ) × abc trading co. costs from overseas

exporter of sundries costs = [($3.0 million ÷ $12.0 million) × $1.5 million]  

exporter of sundries costs =  $375,000

The business will capitalism all of the costs involved in getting the products suitable for usage and sale.

These include the freight in which inventory is capitalized.

The cost of shipping (for exports) lowers sales income.

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Note: The correct question would be as bellow,

ABC Trading Co. commenced operations during the year as a large importer and exporter of sundries. The imports were all from one country overseas. The export sales were conducted as drop shipments. ABC never actually took possession of the goods, which were merely transshipped at Houston. ABC Trading reported the following data: Purchases during the year $15.0 million Shipping costs from overseas $1.5 million Shipping costs to export customers $1.0 million Inventory at year end $3.0 million. What amount of shipping costs should be included in ABC Trading's year-end inventory valuation?

FILL IN THE BLANK. Georgette, the outside sales rep for a major building supply company, reads a report stating that building permits are down dramatically in her sales territory. She had noticed that things were slowing down, but now she has data confirming her impression. Based on this information, Georgette will help her company become more value driven if she:________.

Answers

She suggests that the departments in charge of production and purchasing manufacture or order goods in lesser amounts.

Explain the scenario in depth?

Based on this specific data that she obtained, Georgette's analysis, which she followed up with, validated what she had already suspected. If Georgette offers advice to the departments responsible for producing and purchasing, her employer, where she works, will become more value-driven.producing fewer products from the departments that make the goods. Additionally, she is able to recommend ordering less or fewer items from the departments that place the orders.If the company will make or purchase goods in her sales zone, she noticed headlines stating that building permits had dropped significantly there.

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managing the___takes the selection system one step higher in that the merits of a particular project are assessed within the context of existing projects.

Answers

Managing the portfolio takes the selection system one step higher in that the merits of a particular project are assessed within the context of existing projects.

What is portfolio?

A collection of illustrations, designs, or other papers that serve to showcase a person's work also constitutes a portfolio. A portfolio is a grouping of investments controlled by a specific individual or entity. E-portfolios grow over time, taking on a variety of shapes that are particular to the objectives of certain programs and institutions. Personal portfolio is a free portfolio website template with a modern, inventive, and adaptable style. Whatever your professional endeavor, you can now create a remarkable online presence with personal portfolio.

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TRUE/FALSE. a is said to occur when the execution of a running process is so that another process can be scheduled.

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A preemption is said to occur when the execution of a running process is interrupted so that another process can be scheduled.

What is the concept of preemption?Preemption is a legal theory that gives a higher level of government the ability to restrict or even completely eliminate a lower level's ability to regulate a certain subject. Federal law supersedes state and local law, according to the US Constitution's Supremacy Clause.A substantial action made by a focal firm before moves made by its competitors would be referred to as a preemptive move, allowing it to acquire a favorable position from which it is challenging to be extricated due to the benefits it has captured by being the first mover.The preemption concept describes the idea that when two legal authorities disagree, the law of the higher authority will take precedence.

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period costs_____ . multiple select question. are included as part of the cost of goods are expensed in the period incurred flow through the inventory accounts include all costs that are not product costs

Answers

The correct option is D. Period costs are all costs not included in product costs.

Duration charges are costs that can not be capitalized on a company's stability sheet. In other words, they are expensed inside the period incurred and seem on the profits announcement. duration prices are also called length costs.

Length fees aren't assigned to 1 precise product or the fee of stock like product fees. consequently, period fees are indexed as a cost inside the accounting duration in which they passed off. manufacturing charges are commonly part of the variable fees of enterprise due to the fact the amount spent will vary in percentage to the amount produced. but, the costs of equipment and operational areas are probable to be fixed proportions of this, and these might also well appear beneath a set value heading or be recorded as depreciation on a separate accounting sheet.

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Complete Question:

period costs ______.

Multiple select questions.

A). are expensed in the period incurred flow through the inventory accounts.

B). All costs in a merchandising company are period costs

C). Period costs are expensed when occurred

D). include all costs that are not product costs

_____ are earned by selling goods or services to customers and is the first line item reported on the income statement.

Answers

Revenues are earned by selling goods or services to customers and is the first line item reported on the income statement.

What are Revenues in business?

Revenue in accounting refers to the entire amount of money made through the sale of products and services that are essential to the company's core activities. [1] The term "commercial income" can also refer to sales or turnover. Some businesses get money via royalties, interest, or other fees. [2] The term "revenue" can mean income in general or the total amount of money received during a certain time period, as in "Last year, Company X had revenue of $42 million." The broad definition of profits or net income is total revenue less total costs for a specific time period. Revenue is a component of the Equity portion of the balance sheet in accounting, and revenue raises equity.

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if we know the interest rate is 10 percent per year and the money is invested for 10 years, then we can use the __________ to find the present value.

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The present value factor can be used to get the present value if we know the interest rate is 10% per year and the money is invested for 10 years.

If the investment is made at 10% compounded quarterly, how long will it take for the money to double?

Your investment will double at a 10% interest rate in roughly 7 years (72 x 10% = 7.2); at a 12% interest rate, it will double in roughly 6 years (72 x 12%).

How long will it take for an investment with a 10% compounded monthly rate of return to double?

Actually, it will take 7.3 years for a 10% investment to double ((1.107.3 = 2)). For modest rates of return, the Rule of 72 is a respectable predictor.

How long will it take an investment earning 10% interest to double?

All you need to know is the annual rate of projected return to use the Rule of 72 to determine when your money will double. If so, divide 72 by the estimated rate of return, or 10%, to get 7.2 years.

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identify the journal entry to record usage of direct materials of $48,000 and indirect materials of $1,200 by a job in a normal costing system.

Answers

process control employment 48000, 1200 overhead controls in manufacturing, Materials management 59200.

When calculating the cost of producing products, normal costing takes into account overhead, labor, and raw materials. By dividing the overhead rate for each product by the total number of products your team produces over the course of a given time period, normal costing calculates the actual material and labor costs while collecting information on overhead costs.

You can compare total production costs with total revenue by normalizing costs. This makes it simple to compare current operations with historical production costs and can aid in the development of projections for the future.

Calculating the true costs of a project, including its materials, labor, and overhead, is known as actual costing. The cost of labor also includes the salaries and wages of other contract workers. Money spent on raw materials is included in the cost of materials.

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two professors are applying for grants. professor jane has a probability of 0.61 of being funded. professor joe has probability 0.24 of being funded. since the grants are submitted to two different federal agencies, assume the outcomes for each grant are independent.

Answers

0.6503  is the probability that Professor Jane is funded but Professor Joe is not.

1. P(both Professors funded)=0.155

2. P(at least one Professor funded)=0.715

3. P(Jane funded but Joe not funded)=0.465

4. P(Professor Jane is funded but Professor Joe is not/at least one Professor funded)=0.6503

(Professor Jane funded)=P

(F1)=0.62

P(Professor Joe funded)=P(F2)=0.25

P(F1')=1-P(F1)=1-0.62=0.38

P(F2')=1-P(F2)=1-0.25=0.75

1. P(both Professors funded)=P(F1∩F2)

P(both Professors funded)=P(F1)*P(F2)

P(both Professors funded)=0.62*0.25

P(both Professors funded)=0.155

2.P(at least one Professor funded)=P(F1∪F2)

P(at least one Professor funded)=P(F1)+P(F2)-P(F1∩F2)

P(at least one Professor funded)=0.62+0.25-0.155

P(at least one Professor funded)=0.87-0.155

P(at least one Professor funded)=0.715

3.P(Jane funded but Joe not funded)=P(F1∩F2')

P(Jane funded but Joe not funded)=P(F1)*P(F2')

P(Jane funded but Joe not funded)=0.62*0.75

P(Jane funded but Joe not funded)=0.465

4. P(Professor Jane is funded but Professor Joe is not/at least one Professor funded)=P

(F1∩F2')/P(F1∪F2)

=P(F1∩F2')∩(F1∪F2)/P(F1∪F2)

=P(F1∩F2')/P(F1∪F2)

(Professor Jane is funded but Professor Joe is not/at least one Professor funded)=0.465/0.715

P(Professor Jane is funded but Professor Joe is not/at least one Professor funded)=0.6503

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Complete question:

Two professors are applying for grants. Professor Jane has a probability of 0.61 being funded. Professor Joe has a probability of 0.24 being funded. Since the grants are submitted to two different federal agencies, assume the outcomes for each grant are independent.

1. What is the probability that both professors get their grants funded? Give your answer to four decimal places.

2. What is the probability that at least one of the professors will be funded? Give your answer to four decimal places.

3. What is the probability that Professor Jane is funded but Professor Joe is not? Give your answer to four decimal places.

4. Given at least one of the professors is funded, what is the probability that Professor Jane is funded but Professor Joe is not? Give your answer to four decimal places.

A conservative, risk-averse manger would use the ______ criterion, while an aggressive, risk-taking manager would use the ______ criterion.

Answers

A conservative, risk-averse manager would use the maximization of expected utility criterion, while an aggressive, risk-taking manager would use the maximization of expected profit criterion.

In decision-making, there are two main criteria that managers can use to evaluate investment opportunities and make decisions. A conservative, risk-averse manager is typically concerned with minimizing the risk of loss and maximizing the expected utility, which is a measure of the satisfaction or happiness that an investment is expected to bring. As a result, these managers often prioritize safety and stability over high returns. On the other hand, an aggressive, risk-taking manager is more focused on maximizing expected profit, even if this means taking on greater risk. This manager is willing to accept a higher level of risk in order to achieve higher returns and increase the bottom line of the firm. The choice between these two criteria will depend on the goals and risk tolerance of the manager, as well as the overall risk profile of the organization. By understanding these criteria, managers can make informed decisions that align with their investment goals and risk preferences.

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employee purchases of supplies with a company-issued credit card are typically recorded with a credit to

Answers

When an employee uses a business credit card to make a supply purchase, the transaction is often recorded as a credit to accounts payable.

What is meant by Accounts Payable?

A liability on a firm's balance sheet is represented by accounts payable, which is money owed by a company to its suppliers. Unlike notes payable liabilities, which are obligations made possible by formal legal instrument documents, it is distinct from such debts.

Money that you owe to any third party is recorded in your accounts payable, a current liability account. The third parties can be financial institutions, businesses, or even a person from whom you borrowed money. Purchases of goods or services from other businesses are a typical example of accounts payable.

Accounts Payable is the term used to describe when a business makes a credit-based purchase that must be repaid quickly. It is considered a liability and falls under the category of "current obligations." Accounts Payable is a short-term debt payment that must be made in order to stay current.

Therefore, the correct answer is option a) Accounts Payable.

The complete question is:

Employee purchases of supplies with a company-issued credit card is typically recorded with a credit to

a) Accounts Payable.

b) Supplies.

c) Cash.

d) Supplies Expense.

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true/false. ct predicts that when taxpayers are taxed more, they will work harder to generate the same after-tax dollars, while the effect predicts they will engage in other pursuits since the marginal value of taxable activities has decreased.

Answers

This statement is False. The Laffer curve predicts that when taxpayers are taxed more, they will work less because the marginal value of taxable activities has decreased.

As taxes increase, the motivation to work decreases. At some point, higher taxes will lead to lower tax revenue because people choose to work less. This is known as the "tipping point". Conversely, the effect predicts that when taxpayers are taxed more, they will work harder to generate the same after-tax dollars. This is because people respond to higher taxes by working harder to replace lost income. This can lead to increased economic activity, which could potentially lead to higher tax revenues.

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FILL THE BLANK Karina was hired by the Mountain Mist Corporation to take over as the new CEO. Her initial impression is that the company is disorderly, primarily because the employees do not have a sense of purpose or a common set of values. Karina's remarks suggest that she needs to provide a(n) ________ for Mountain Mist.

Answers

Karina's remarks suggest that she needs to provide mission statement for the Mountain Mist.

What is a mission statement?

The mission statement of an organisation encapsulates the reason for the organization's existence, its ultimate goal, the emphasis of its activities, the kind of product or service it provides, its target market or consumers, and the geographical area in which it works. A company's leaders' intents and aspirations for the firm are expressed in its purpose, which is different from an outsider's description of the business. A mission statement seeks to communicate the goals and objectives of the firm to its employees, customers, suppliers, and other stakeholders. A mission statement also provides a sense of identity for employees. Organizations often do not change their mission statements over time since they explain their constant, ongoing purpose and concentration.

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identify and explain three economic disincentives that would dampen the flow of funds between household savers of funds and corporate users of funds in an economic world without financial institutions. g

Answers

Price risk, monitoring costs, and liquidity costs are the three economic disincentives that most likely would slow down the flow of funds between individual investors and corporate consumers in an economy without intermediaries.

How would economic transactions take place between individuals who save money and businesses that utilise it in a world without banking institutions?

If there were no financial institutions, businesses that needed to borrow money would have to approach household savers directly. Because potential lenders would incur upfront information fees, this approach would be quite expensive.

How can financial institutions assist individual savers in diversifying the risks in their portfolios?

Financial institutions use diversity to invest in both high-risk and low-risk assets. When an investor, person, or institution has both riskier and less risky investments in a portfolio, this is known as diversification. Typically, this is done to lessen how risky hazardous assets are.

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given the descriptions below, which is (are) true regarding notes receivable? (check all that apply.)
a. Another nam efor a mote receivable is a promissory note
b. Notes receivable is classified as an asset
c. Notes receivable is classified as a lability
d. It is the promise of another entity to pay a specific sum of money on a speciafied future date

Answers

Given the descriptions below, the  true regarding notes receivable are,

Promissory notes are another name for receivables like notes.Receivable notes are categorized as an asset.It is the assurance given by one party that another will make a specific payment on a given day in the future.

What is a note receivable?A note receivable is an asset account linked to an underlying promissory note that specifies in paper the terms of payment for a transaction between a "payee" (often a business, but also also referred to as a creditor) and the "maker" of the note (usually a customer or employee, and sometimes called a debtor). Notes receivable are claims for which official documents of credit, such promissory notes, are issued as proof of debt. In most cases, the credit instrument has a minimum term of 30 days and imposes an interest payment obligation on the debtor. Due to the fact that they reflect the amount owing to a company in promissory notes, notes receivable are considered an asset. Accounts payable vs. receivable is a subject that is related to this one.

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branded products placed conspicuously in movies or television shows can result in implicit memory formation.True or False

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Branded products placed conspicuously in movies or television shows can result in implicit memory formation. It is true.

What is brand?

A brand is any feature that distinguishes a seller's product or service. It might be a name, a term, a design, a symbol, or anything else. In business, marketing, and advertising, brands are used to build and preserve brand equity for the recognized product, which benefits the brand's customers, owners, and shareholders. Brand names can occasionally be distinguished from retail brands or generic names. Branding eventually adopted a performance or benefit promise, initially just for the product but later also for the corporation that created the brand.

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The expense that relates to a formal note payable and accumulates or accrues throughout the accounting period is referred to as _________ expense. Interest.

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The expense that relates to a formal note payable and accumulates or accrues throughout the accounting period is referred to as Interest expense.

What definition of accounting is most accurate?

Accounting is the process of documenting a business's financial transactions. These transactions are compiled, examined, and reported to oversight organizations, regulatory bodies, and tax collection organizations as part of the accounting process.

What function does accounting serve?

In order to help management and other stakeholders make better business decisions, accounting is a system for measuring and summarizing business activities, understanding financial data, and communicating the outcomes.

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suppose that a business incurred implicit costs of $400,000 and explicit costs of $4 million in a specific year. if the firm sold 100,000 units of its output at $48 per unit, its accounting

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It is correct to use "earnings were $800,000 and its economic profits were $400,000".

What are economic profits?

Economic profit is the sum of money that is left over after revenue has been reduced by opportunity costs as well as explicit costs. The profits that a company forfeits by choosing one business endeavor over another are known as opportunity costs. Economic gain is utilized internally for analysis but is not necessary for open disclosure. Profit in accounting is simple and exact: revenue less explicit costs. Even though they are purely theoretical, economic profit calculations can aid a corporation in evaluating and selecting possible business projects.

Units sold*Price - Implicit Cost - Explicit Cost = economic profits.

Accounting profits = 100,000 units*$48 - $400,000 - $4,000,000

Accounting profits = 100,000 units*$48 - $400,000 - $4,000,000

Units sold*Price - explicit cost = accounting profits.

Accounting profits = 100,000*$48 - $4,000,000, which comes to $800,000.

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All of the following statements about the project life cycle and the product life cycle are true EXCEPT O In the project iterative and incremental life cycles, project phases intentionally repeat one or more project activities as the project team's understanding of the product increases O The product life cycle is the series of phases that represent the evolution of a product, from concept through delivery, growth, maturity, and to retirement. O In the project predictive life cycle, the project scope and the time and cost required to deliver that scope are determined as early in the project life cycle as practically possible. The product life cycle is contained within the predictive project life cycle

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All of the following statements about the project life cycle and the product life cycle are true except The product life cycle is contained within the predictive project life cycle.

What is  product life cycle?Product life-cycle management is the progression of business management methods during a product's life-cycle. A product's selling circumstances must be managed as it progresses through its many stages because they change over time. A product moves through five distinct stages in its life cycle: development, introduction, growth, maturity, and decline. German economist Theodore Levitt came up with the idea, and in 1965 he published his Product Life Cycle model in the Harvard Business Review. A product's life cycle is the period of time from when it is initially presented to consumers until it is withdrawn from circulation. The four stages of a product's life cycle are typically identified as introduction, growth, maturity, and decline.

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