Mercantilist theory led nations to curtail but not prohibit imports and exports. It is based on the idea that a nation's wealth is determined by the amount of its gold and silver holdings.
What do you know about Mercantilist theory?Mercantilist theory is an economic theory that was popular in Europe during the 16th-18th centuries. It is based on the idea that a nation's wealth is determined by the amount of its gold and silver holdings. According to this theory, a nation should strive to increase its gold and silver holdings by engaging in activities such as controlling trade, encouraging exports and discouraging imports.
Mercantilist policies were used to support state-controlled monopolies, and the idea that a nation should strive for a positive balance of trade. This theory was challenged in the 18th century by the theories of Adam Smith and other classical economists, which argued that economic growth was best achieved through free markets.
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Question:-
Mercantilism maintained that government regulation of trade was
a. detrimental because it interfered with free trade.
b. not justified because it interfered with the rights of merchants to do business as they thought best.
c. necessary to prevent wealthy countries from taking advantage of poorer countries.
d. necessary to provide the greatest national benefit because individual merchants tended to look after their own interests and not the national interests.
the following transactions pertain to year 1, the first year of operations of fuzhou company. all inventory was started and completed during the accounting period. all transactions were cash transactions. 1. acquired $50,000 of contributed capital from its owners. 2. paid $10,500 for materials used to produce inventory. 3. paid $8,600 to production workers. paid $4,900 rental fee for production equipment. 4. paid $2,100 to administrative employees. paid $2,900 rental fee for administrative office equipment. 5. produced 1,200 units of inventory of which 1,100 units were sold at a price of $27 each. prepare an income statement and a balance sheet. assume the statements are prepared in accordance with gaap.
Fuzhou Company Income Statement for 2018
Sales Revenue 29,700.00
Cost of Goods Sold 22,000.00
Gross Margin 7,700.00
Administrative Expense 5,000.00
Net Income 2,700.00
Fuzhou Company Balance Sheet As of December 31
Assets
Cash 50,700.00
Finished Goods Inventory 2,000.00
Total assets 52,700.00
Stockholders Equity
Common Stock 50,000.00
Retained Earnings 2,700.00
Total Stockholders Equity 52,700.00
What is an income statement?One of a company's financial accounts, an income statement or profit and loss account, lists the company's revenues and costs for a specific time period.
It describes the process through which revenues are converted into net income or net profit.
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since middle managers focus on a longer time frame, they need less detailed information than top managers, but somewhat more than supervisors who oversee day-to-day operations.
The given statement ''since middle managers focus on a longer time frame, they need less detailed information than top managers, but somewhat more than supervisors who oversee day-to-day operations.'' is false.
What is the meaning of top manager?A top-level manager is an executive-level professional who is in charge of developing and carrying out organisational strategies and policies. They serve as the middleman in negotiations between upper- and lower-level managers. These experts may assist in determining the general course of a company.The highest echelons of executive management are represented by top-level managers. The word "chief" is frequently used in the job titles of senior managers, such as chief executive officer, chief financial officer, etc. Long-term plan execution and company growth are supported by these managers.The CEO, who serves as the company's senior manager and reports directly to the chair and board of directors, is normally in charge of all business activities.Learn more about CEO refer to :
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The objective for a car company is to launch a new series of cars. Which three of the following could be examples of key results?
a. Create a best-in-class midsize sedan.
b. Improve the customer satisfaction survey score by 15%.
c. Distribute 98% of the product on time to dealerships.
d. Meet production deadlines 95% of the time.
The three of the following for a car company could be examples of key results are:
b. Improve the customer satisfaction survey score by 15%.
c. Distribute 98% of the product on time to dealerships.
d. Meet production deadlines 95% of the time.
What is company?
A company is an entity that is legally recognized as a separate entity from its owners and shareholders. It is a business entity that is created to conduct business, earn profits and pay taxes. Companies have legal rights and liabilities separate from their owners, and they can be bought and sold. Companies can be limited or unlimited and can be structured in different forms such as a corporation, partnership, or sole proprietorship. Companies can be publicly traded or privately held. Companies are also responsible for filing legal documents, including articles of incorporation, to be registered and recognized as a legitimate business entity.
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The following cost data relate to the manufacturing activities of Chang Company during the just completed year: Manufacturing overhead costs incurred: Indirect materials Indirect labor Property taxes, facto Utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred $ 16,100 141,000 9,100 81,000 149,700 11,100 $408,000 ry Other costs incurred: Purchases of raw materials (both direct and indirect) Direct labor cost $411,000 71,000 Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending $ 21,100 $ 31,100 $41,100 $ 71,100
So the cost of goods manufactured during the just completed year is $899,000. This represents the cost of the products that have been completed and are ready for sale during this period.
The above cost data relates to the manufacturing activities of Chang Company during the just completed year. The information provided includes the actual manufacturing overhead costs incurred, the other costs incurred, and the beginning and ending inventories for raw materials and work in process.
To calculate the cost of goods manufactured, we can use the following formula:
Cost of Goods Manufactured = Raw Materials Purchased + Direct Labor + Manufacturing Overhead - Raw Materials Inventory, Beginning + Work in Process Inventory, Beginning
Cost of Goods Manufactured = $411,000 + $71,000 + $408,000 - $21,100 + $41,100
= $899,000
So the cost of goods manufactured is $899,000.
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the trial balance of crane fashion center contained the following accounts at novemeber 30, the end of the company's fiscal year
A trial balance is an accounting worksheet where the balances of all ledgers are totaled into equal quantities in the column for the both debit and credit accounts.
A company periodically generates a trial balance, frequently at the conclusion of the each reporting period. To check that the entries in a company's bookkeeping system are mathematically correct, a trial balance is generally produced. It is so named because it offers a basic assessment of a group of books but does not do a thorough audit of them. Since it allows auditors to confirm that there aren't any mathematical errors in the bookkeeping system before proceeding on to more complex and also in studies, a balance sheet is often the first stage in an auditing process.
The trial balance is given below:
1. Nov. 30
Dr. Supplies Expense =4,000
Cr. Supplies =4,000
2. Nov. 30
Dr. Depreciation Expense =15,000
Cr. Accumulated Depreciation =15,000
3. Nov. 30
Dr. Interest Expense =11,000
Cr. Interest Payable =11,000
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What kind of information would you need to have to be able to put together a table like to present to the steering committee? How much of that information is objective? Subjective? Justify your answer.
The type of material required to present to the steering committee is barriers that are keeping the project from moving forward, clarifying any specifics that may have been ambiguous, and discussing the progress.
What is the role of information system steering committee?An IT steering committee is a committee of senior executives to direct, review, and approve IT strategic plans, oversee major initiatives, and allocate resources. It is not involved in day-to-day management of the IT organization. Rather, the steering committee establishes IT priorities for the business as a whole.
The sort of content you would need to set up a table like to present to the steering committee is hurdles that are preventing the project from progressing, clarifying any specifics that may have been confusing, and detailing the progress that has occurred since the last check-in time.
Therefore, the information is subjective in nature as compared to objective.
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If you wanted to measure whether the output of an economy was increasing or decreasing across time periods, you would use the real GDP data rather than the
nominal GDP data because
a, exports are excluded from real GDP but not nominal,
ne b. real GDP incorporates the impact of federal budget deficits and surpluses; nominal GDP does not.
real GDP reflects the impact of transfer payments on the economy, but nominal
does
real GDP adjusts for changes in the general level of prices, but nominal GDP does not.
Real GDP, as opposed to nominal GDP, takes changes in the general level of prices into account.
What metric you would use to determine if a country's economic production is rising or falling?The value of all commodities and services produced is estimated by the overall gross domestic product, which has long been seen as a reliable indicator of a nation's financial stability. It is used by economists to judge whether a country is expanding or experiencing a recession.
What is measured by real GDP?GDP estimates the dollar amount of the consumer products and services supplied in a nation over a given time period, such as six months or a full year. Every item created wholly within a nation's borders is considered.
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Peter Senge, of M.I.T.,recognized three types of leaders. __________ champion and guide ideas, createa learning infrastructure, and establish a domain for taking action.
A. Local line leaders
B. Executive leaders
C. Internal networkers
D. Shop floor leaders
Option C is the correct choice.
Internal networkers are one of three categories of leaders identified by M.I.T.'s Peter Senge. Learning leaders define a domain for taking action, build a learning infrastructure, and advocate and direct ideas.
MIT's Peter Senge identified three different sorts of leaders. Internal networkers are those who, although having minimal official authority and positional power, gain their influence by the conviction and coherence of their views. These are the people who effect change, support organisational experimentation, and promote the spread of new knowledge.
Reaching out to and making connections with coworkers within your company, even if it's not necessary for your job, is known as internal networking.
An intranet is a private network that is part of an organisation and is used to securely distribute data and computer resources among staff members. Working in groups and holding teleconferences are two other uses for intranets.
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3. steps toward tort reform in the federal government and a number of states include all of the following except:
Steps toward tort reform in the federal government and a number of states do not include increasing the burden of proof in negligence cases.
What is the federal government?
In a sense, a federal government is a structure created to transfer power from the wealthy to the underprivileged. The larger, more powerful central government of a country shares power with the nation's smaller state and regional administrations. This is accomplished by giving each sector-specific duties so that the federal government, as well as the state and local governments, each have their own tasks to complete. The Constitution of the United States mandates that the federal government can continue to exercise authority over a number of activities, including, to mention a few, the establishment of lower courts, the issuance of patents, and the creation of money.
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david, shannon, and greg are starting a new accounting firm together, and they are drafting articles of partnership. all of the following are items they should include except
The articles of partnership for the new accounting firm that David, Shannon, and Greg intend forming are now being written. The entirety of the foregoing must be mentioned, with the exception of the value of the assets & money owned by another participant individually.
Since partnerships typically have more participants than sole proprietors, they can generate cash more easily.
One benefit of multinational companies over sole proprietorships would be that, without single proprietorships, the operation of businesses is undisturbed by both the passing away or withdrawal of any of the investors.
How do proxies work?
a signed document designating another person with the right to vote. A public company is the type of business organization that possesses the easiest capacity to raise funds.
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In developing data for accounts receivable for the pro forma balance sheet, the analyst is most likely to turn to the
A.pro forma income statement.
B.cash budget.
C.prior balance sheet.
D.statement of retained earnings.
The analyst is most likely to turn to the B. Cash budget a for accounts receivable for the pro forma balance sheet. In developing the accounts receivable data for the pro forma balance sheet, the analysis will most likely turn to the cash budget.
Cash budget can be interpreted as a tool used by companies to forecast cash flows. Where is the estimated amount of cash flow that will occur at a certain time or period. So that there is what is called an estimate that applies to the determination of cash flows, this determination aims to find out whether the company's budget is sufficient or not. This budget assessment will be tested and managed so as to provide certainty whether or not to meet the operational needs of a company.
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Vygotsky's view of cognitive development differs from Piaget's in the importance and emphasis placed on a person's _________.
Vygotsky's view of cognitive development differs from Piaget's in the importance and emphasis placed on a person's interpersonal interactions.
What is cognitive development?
The process by which humans learn to gather, comprehend, organise, and make different uses of knowledge is known as cognitive development. The late Swiss psychologist Jean Piaget played a significant role in the investigation of children's cognitive development. According to him, there are four stages that it goes through sensory-motor, preoperational, concrete operational, and formal operational. A psychologist by the name of Jean Piaget was tasked with translating English intelligence tests into French in the 1920s. He saw that kids think differently than adults do and have a distinct perspective on the world during this process. He started monitoring tiny children who couldn't talk and spoke with older children while also keeping an eye on their development to study children from infancy through adolescence.
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T/F the role played by women may present some difficult ethical problems for firms doing business internationally.
True. The role played by women may present some difficult ethical problems for firms doing business internationally.
This is because of the varying cultural, social and religious norms that exist in different countries. For example, in some countries, women may not be allowed to take part in certain business activities, such as attending business meetings or negotiating contracts.
Additionally, in some countries, women may not be allowed to work in certain industries or be given equal pay and benefits as their male counterparts. This can create an ethical dilemma for firms that want to operate legally and ethically in different countries but may be limited by cultural and legal restrictions.
Furthermore, in some countries, women may be subject to discrimination and harassment and may not have access to the same resources and opportunities as their male counterparts. These issues can present a difficult ethical challenge for firms trying to do business abroad.
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if demand decreases, the demand curve shifts ____, which implies price will ____, and ____ will ____.
When demand decreases, the demand curve shifts down, which implies that price will decrease, and quantity will decrease.
Due to the rule of demand, which holds that when prices rise, fewer products and services are wanted overall, this occurs. The number of products and services required rises as the price declines.
This change in the demand curve suggests that customers are now prepared to buy fewer products and services for a given price. The price of the products and services drops as the amount of goods and services required declines.
As the quantity of goods and services decreases, the demand curve shifts down further, resulting in a further decrease in price.
As a result that the quantity wanted at the lower price is now less than the quantity demanded at the higher price, this price reduction leads the quantity of products and services to decline even further.
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TRUE/FALSE. populists refused to support the creation of labor unions and opposed government interference in the economy.
Instead of concentrating on global expansion, the United States was concentrating on home progress. Populists opposed government involvement in the economy and refused to support the formation of labour unions. So statement is false.
How did the populists approach reaching out to the industrial workforce?The Populists attempted to win over industrial workers by empathising with their plight and proposing concrete measures in their 1892 Omaha Platform that would help industrial workers.
Did the Populists stand up for the miners on strike?They backed Coxey's Army's calls for the government to offer jobless benefits. They defended miners who were on strike. By comparing the places and regions to their descriptions, determine the economic circumstances in the South.
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france and the germany both produce rice and computers. france is said to have the comparative advantage in producing rice if
Germany and France both produce computers and rice. If France can create something with a "lower opportunity cost" than Germany, it is considered to have a comparative advantage in manufacturing rice.
Explain the notion behind the comparative advantage?A country has a comparative advantage if it can produce an item or service at a cheaper cost of opportunity than that of other nations.
A trade-off is measured by opportunity cost. A country with a competitive advantages will find the trade-off advantageous. This indicates that the advantages of purchasing its service or product exceed the drawbacks. Comparative advantage is different from superiority in a given field. In fact, someone may possess a comparative advantage in something even if they are utterly untrained in it!Germany and France both produce computers and rice.
Thus, if France can create something with a lower opportunity cost than Germany, it is considered to have a comparative advantage in manufacturing rice.
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which of the following likely is not one of the roles of the salesforce of the firm is using a differentiation strategy?providing high quality of customer service and responsiveness.
Servicing large current customers is not likely to be one of the roles of the salesforce of the firm is using a low-cost supplier strategy.
It is the one role that is not likely to be part of the salesforce of a firm that is using a low-cost supplier strategy and is offering personalized customer service and support. A low-cost supplier strategy usually focuses on reducing the costs by sourcing materials, goods, or services from the lowest-cost suppliers available.
The main goal is to offer the products or services at a very lower price than other competitors, it does not focus on offering a superior customer experience. As a result of this, the salesforce can be more focused on selling the products or services and are less on providing the personalized customer service and support.
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Complete question
Which is not likely to be one of the roles of the salesforce of the firm is using a low-cost supplier strategy?
Servicing large current customers.
n the u.s. health care system, which of the following creates a separation between financing and delivery?
In the US healthcare system, insurance creates a separation between financing and delivery.
What is Insurance?
Insurance, which takes the form of a policy, is a contract in which the person or entity receives financial protection, or payment from the insurance provider for any harm (large or small) done to their property.
The insurance policy, which offers financial security from upcoming uncertainties, is a legal agreement between the insurer and the insured.
Simply put, insurance is a contract, a binding legal arrangement between the person labelled insured and the insurance provider, also known as the insurer. The insurer agrees in this contract to assist the insured with losses resulting from the occurrence of the contingency. In contrast, the insured makes a payment in exchange for the insurer's commitment.
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TRUE/FALSE. when a leader implements a vision, they must model to followers the attitudes, values, and behaviors that support the vision.
The statement " when a leader implements a vision, they must model to followers the attitudes, values, and behaviors that support the vision." is true.
A loan is the act of one or more people, businesses, or other entities lending money to other people, businesses, or other entities. The recipient (i.e., borrower) incurs a debt and is typically obligated to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed.
The debt documentation (such as a promissory note) will typically include information such as the principal amount borrowed, the interest rate the lender is charging, and the due date for repayment. During the term of the loan, the lender and the borrower will swap ownership of the subject asset(s).
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Required Information Ch02 AICPA Attestation Standards (Part 1 of 2) [LO2-6, LO2-7 AICPA Attestation Standards (Part 1 of 2) Read the overview below and complete the activities that follow Generally accepted auditing standards were adopted by the AICPA to provide guidance for the performance of audits. As these standards expand, the profession has developed more general attestation standards, contalned in SSAE No. 1 In addition to the auditing standards, a CPA firm should establish adequate quality control policies and procedures to provide reasonable assurance that it follows professional standards on every engagement. To that end, the AICPA has issued sbX elements to quality control standards to provide CPA firms with guidance In establishing quality control policies CONCEPT REVIEW: The attestation standards are meant to serve as a general framework and to set general boundaries for the attest function, while the quality control standards provide CPA firms with guidance in establishing quality control policies Part 1 - Drag and Drop Click and drag each of the below attestation standards to its correct type (general/standards of fieldwork/standards of reporting). The report must identify the subject Practitioner must have adequate technical Adequate planning, assistance matter and character of the audi training and atest function proficieney and supervision is required The report must state the conclusion of the practitioner Subject matter of engagement must be able to be evaluated Practitioner must have adequate knowledge in subject matter General Fieldwork Reporting
Audits are crucial for ensuring programme accountability and openness. The monitoring afforded by auditing is more important than ever given the present problems governments and their programmes are facing. Government auditing offers the unbiased analysis and data required to help make the decisions necessary to contribute to building a brighter future.
What criteria are used for attestation?
Attestation standards are intended to offer direction, define a standard of quality, set limits around a developing service line, and specify the goals that should be met throughout attestation engagements. The AICPA's senior committee for auditing, attestation, and quality control with regard to the execution and issuing of audit and attestation reports for non-issuers is the Auditing Standards Board (ASB).
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Wordsmith, a small newsletter-writing company, has just installed a new server that will host newsletters online as podcasts. The CEO, Margaret, is excited about broadening Wordsmith's client outreach.o Increasingly diverse workforceo Innovative communication technologieso "Anytime, anywhere" and nonterritorial offices
The CEO, Margaret, is excited about broadening Wordsmith's client outreach Innovative communication technologies.
Transmitting information is often how communication is characterised. Additionally, the phrase can be used to describe the message itself or the area of study that examines these transmissions, known as communication studies. Talking, writing, listening, and reading are all forms of communication. Sharing knowledge is also a type of communication. Good communicators pay close attention, are clear in their speech or writing, and respect the views of others. an interactional process wherein people communicate with one another using a shared set of signs, symbols, or actions. By enabling us to express commodity our needs and experiences and connect with others, communication supports us in forming connections in daily life. Because it enables us to communicate our thoughts, share information, and express our emotions, it is essential to life.
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unearned revenue is: group of answer choices a customer's promise to pay in the future for services or goods sold a debt owed for renting a building currently a liability created when a business collects cash from customers in advance an amount earned from services to customers
Unearned revenue is the cash acquired from a consumer for goods or offerings that have but to be delivered or produced. Also recognised as deferred revenue, unearned income is recognized as a legal responsibility on a stability sheet and must be earned by means of successfully turning in a product or service to the customer.
Is unearned income a liability?Is unearned income a liability? In short, yes. According to the accounting reporting principles, unearned income ought to be recorded as a liability. If the value was entered as an asset as a substitute than a liability, the business's income would be overstated for that accounting period.
Unearned revenue, sometimes referred to as deferred revenue, is fee acquired by way of a organization from a patron for products or services that will be delivered at some point in the future.
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1) Filling in the chart with the company's total and average costs per cup of coffee at the indicated activity levels is as follows:
1,000 Cups 1,100 Cups 1,200 Cups
of Coffee of Coffee of Coffee
Fixed cost $2,200 $2,200 $2,200
Variable cost 660 726 792
Total cost $2,860 $2,926 $2,992
Average cost per cup $2.860 $2.660 $2.493
2) The average cost per cup of coffee served decreases as the number of cups of coffee served increases.
What is the average cost?The average cost is the quotient of the total cost (fixed and variable) divided by the number of production units.
Within a relevant range, the average cost tends to decrease as the number of units produced increases.
1,000 Cups 1,100 Cups 1,200 Cups
of Coffee of Coffee of Coffee
Fixed cost $2,200 $2,200 $2,200
Variable cost 660 726 792 (1,200 x $0.66)
Total cost $2,860 $2,926 $2,992
Average cost per cup $2.860 $2.660 $2.493 ($2,992/1,200)
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TRUE/FALSE. the accounts receivable account is always increased on the (left/right) -hand side of the t account.
The given statement exists False. Accounts receivable refers to customers who have purchased goods or services from a company but have not yet paid for them.
What is meant by accounts receivable?Accounts receivable, often known as AR or A/R, are legally enforceable claims for payment that are retained by a company for goods supplied or services provided that consumers have requested but have not yet paid for.
Customers who have received products or services from a business but haven't yet made payment are said to have accounts receivable. For instance, when clients buy goods on credit, the outstanding balance is added to the accounts receivable. It is a duty resulting from a commercial transaction.
The amount owing to suppliers and vendors that resulted in cash outflow is known as accounts payable. The money you receive from the sale of goods and services that generates revenue is known as accounts receivable. Calculate the total value of your assets and accounts receivable to assess the profitability of your company.
The complete question is:
Accounts receivable accounts are increased with a credit. TRUE/FALSE
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which of the following qbo navigation bar selections would not provide information about customers and customer transactions?
The following QBO Navigation Bar selections that would not provide information about customers and customer transactions are Expenses. The correct option is d.
The updated QuickBooks Online navigation menu provides rapid access to your day-to-day chores such as invoicing, banking, payroll, and more. This condensed experience employs the terminology and concepts that you employ in your business.
The information about the expenses of the customers and customer transactions are not provided by QBO Navigation Bar even though it allows to tracks and managing the business's expenses such as bills, credit card charges, etc.
Therefore it can be concluded that QBO Navigation Bar selections that would not provide information about customers and customer transactions are Expenses.
Thus, the correct option is d.
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Which of the following QBO Navigation Bar selections would not provide information about customers and customer transactions?
Multiple Choice
a)Reports
b)Sales
c)Projects
d)Expenses
Today's effective business leaders have generally gained their positions because they
a. did not listen to anyone else.
b. were self-interested.
c. valued teamwork.
d. had a sense of community.
c) valued teamwork. Today's effective business leaders have generally gained their positions because they valued teamwork and had a sense of community.
Effective business leaders are individuals who are able to lead their organizations towards success by making smart decisions, inspiring their employees, and building strong relationships. While some leaders may have gained their positions through self-interest or a refusal to listen to others, this is generally not a recipe for success in the long-term. Instead, the most effective business leaders are those who value teamwork, understand the importance of collaboration, and have a strong sense of community. They understand that the success of their organization depends on the collective effort of all employees, and that creating a positive work environment is essential for motivation and productivity.
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A company has determined that if its computer-based manufacturing is not functioning for
12 consecutive hours, it will lose more money that it costs to maintain the equipment. Which of the
following must be less than 12 hours to maintain a positive total cost of ownership?
(A). MTBF
(B). RPO
(C). RTO
(D). MTTR
For the following to maintain a positive total cost of ownership, RTO must be under 12 hours.
Describe RTO.The recovery time objective (RTO) is the longest period of downtime that is tolerable for an application, computer, network, or system following an unanticipated disaster, failure, or similar occurrence. RTO measures the maximum time that can pass between the unexpected breakdown or disaster and the restoration of regular service levels and the restart of routine operations.
RTO identifies a tipping point at which the effects of a disaster or other failure become intolerable. The recovery time objective (RTO) is the maximum period of time, in real-time, that must pass during or after a disaster for a corporation to return to normal operations before suffering unbearable repercussions from the disruption.
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various states are trying to reduce the time and cost of settling vehicle injury cases. one alternative is
Several states are attempting to speed up and lower the cost of the settlement of auto accident lawsuits. Using the no-fault system is one option.
What is meant by cost?The term "cost" describes any expense a corporation faces when producing its products or rendering its services. It is essentially the amount of money businesses spend on buying and selling goods. The four main categories of costs are fixed costs, variable costs, direct costs, and indirect costs.Cost can mean a variety of things. It is the value of money that we spent to produce something in accounting, retail, research, and production. Therefore, it is no longer possible to use that money. In business, the phrase may refer to the sum of money used to purchase something.The three different forms of product costs labour, materials, and overhead as well as period costs are known as the Elements of Cost.To learn more about cost, refer to:
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which of the following is usually a secured debt? group of answer choices auto loan credit card student loan checking account
Credit card is usually a secured debt. In this case, option B is correct.
The legal ownership of debt securities can be easily transferred from one owner to another because they are negotiable financial instruments. Of these securities, bonds are the most prevalent type. They are legally binding agreements between the borrower and the lender to pay a predetermined rate of interest on the principal over a predetermined amount of time and to repay the principal at maturity.
Fixed-rate bonds and bonds with a zero coupon are examples of common structures. Debt securities also include things like floating-rate notes, preferred stock, and securities backed by mortgages. However, a non-negotiable financial instrument is one such as a bank loan.
Debt securities are tradable financial instruments.
Government and non-governmental organizations both have the authority to issue bonds.
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The Scampini Supplies Company recently purchased a new delivery truck. The new truck cost $22,500, and it is expected to generate net after-tax operating cash flows, including depreciation, of $6,250 per year. The truck has a 5-year expected life. The expected salvage values after tax adjustments for the truck are given below. The company’s cost of capital is 10 percent.
a. Should the firm operate the truck until the end of its 5-year physical life, or, if not, what is its optimal economic life?
b. Would the introduction of salvage values, in addition to operating cash flows, ever reduce the expected NPV and/or IRR of a project?
The new truck was purchased for $22,500, and it will produce net operating cash flows after taxes, taking into account depreciation, of $6,250 year. The pickup's 5-...
What is the verb for purchased?
The new vehicle cost $22,500, and it will likely provide net operating cash flows of $6,250 per year, including depreciation. The vehicle has a 5-... verb (used with object), buy. to obtain via labour, sacrifice, flattery, etc. to obtain through the expenditure of money or its equivalent; buy. to be sufficient to buy: Cost of a subscription is $20.
As you can see, the verb "buy" means to gain something in return for money, and the term "bought" is the past tense and past participle of that verb. We also use bought with the past simple tense in addition to the present perfect and past perfect tenses.
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