The revenue that Robertson should have recognized in 2021 is computed as given by $5,600,000
How to find the Calculation?The revenue that Robertson should have recognized in 2021 is computed as follows:-
For 2023
Cumulative cost incurred plus an estimated extra cost to finish equals the estimated total cost.
= $3,000,000 + $6,000,000
= $9,000,000
Cumulative cost expended / estimated total cost equals the percentage of completion.
= $3,000,000 / $9,000,000
= 33.33%
$12,000,000 * 33.33% is the contract price.
= $4,000,000
Therefore, 2021s revenue was $4,000,000.
The year 2023
Cumulative cost incurred plus an estimated extra cost to finish equals the estimated total cost.
= ($3,000,000 + $5,000,000) + $2,000,000
= $10,000,000
Cumulative cost expended / estimated total cost equals the percentage of completion.
= $8,000,000 / $10,000,000
= 80%
$12,000,000 * 80% of the contract price
= $9,600,000
$9,600,000 - $4,000,000 in revenue
= $5,600,000
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abner and bette have been married for 20 years and have always filed a joint return. they never itemize their deductions. abner and bette have gross income of $80,000 and deductions for adjusted gross income in the amount of $5,000, and they do not have any children. neither abner nor bette are over the age of 65 and neither is blind. what is abner and bette's taxable income in the current year?
The combined gross income of Abner and Bette is $80,000; however, they have $5,000 in deductions from their combined adjusted gross income. No children exist for them.
What's your annual gross income?Your total income, or gross income, is made up of your salary, royalties, capital gains, business profits, retirement benefits, and other sources of income. Education costs, interest on student loans alimony payments, and retirement account contributions are a few examples of expenditures that can be adjusted as part of income.
If so, does gross include taxes?Before any deductions and adjustments have indeed been made, your income is known as your gross pay. What's usually referred as the your yearly pay is your gross annual income. After withholdings like taxes and social security have been made, the remaining amount is known as net pay.
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Zahara is wondering how she will be able to afford her monthly tv streaming services, water bill, groceries, and cell phone bill. what economic concept concerns zahara? a. economic needs b. economic limits c. economic needs and wants d. economic wants and limits
Zahara is concerned with economic limits, which refers to the constraints on her spending or budget that determine what she can and cannot afford.
What economic concept concerns zahara?Economic limits refer to the constraints on an individual or a society's spending or budget that determine what can and cannot be afforded. These limits are based on various factors such as income, debt, and savings.Here are some key points to consider when discussing economic limits:Income: This refers to the amount of money an individual earns from employment, investments, or other sources. It affects the amount of money available for spending and sets limits on what can be purchased.Debt: This refers to the amount of money owed by an individual or a company. High levels of debt can limit an individual's ability to make purchases and invest in their future.Savings: Money saved can provide a cushion for unexpected expenses and help individuals reach their financial goals. The amount of money an individual saves will affect the limits of their spending.Market conditions: The availability and cost of goods and services, as well as interest rates, can impact economic limits by affecting an individual's purchasing power.In conclusion, economic limits determine the boundaries of an individual's spending and can impact their ability to afford the things they need or want. It is important to understand these limits in order to make informed decisions about spending and budgeting.To learn more about economic limit refer:
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howdy!
your answer is economic needs and wants
edg2023 goodluck!!
suppose a japanese company has branch offices in spain where spanish is spoken at work, and france where french is spoken at work. which is true?
It depends on the specific policies and practices of Japanese companies, but here are some possibilities:
A company may have a local language policy at each branch, meaning employees in Spain will speak Spanish and employees in France will speak French.It may be a policy of the company to use Japanese as the official company language, regardless of the regional language spoken at each branch office.The company may have a policy of using a mix of Japanese and the local language in each branch, depending on the context and needs of employees.Ultimately, the choice of language used at a branch office will depend on a variety of factors, including the company's business objectives, the needs of its employees and customers, and local language rules and norms.
A language policy is a set of guidelines and regulations that define how language is used within a particular organization or community. It outlines the official language used for communication and defines the roles and responsibilities of stakeholders with respect to language use.
Language policies are often developed and implemented to address language-related issues and to promote clear and effective communication within an organization. Some common language policy goals include promoting multilingualism, standardizing language use, increasing accessibility, and ensuring linguistic and cultural diversity.
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which option exchange trades foreign currency options? a chicago board options exchange b american stock exchange c philadelphia stock exchange d all of the above
In the US, foreign exchange options are only traded on the (C) Philadelphia Stock Exchange.
What is Philadelphia Stock Exchange?The first stock exchange created in the United States and the oldest stock exchange in the country is Philadelphia Stock Exchange (PHLX), presently known as Nasdaq PHLX.
The exchange was purchased by Nasdaq in 2007 for $652 million, and its corporate headquarters are in Philadelphia.
Only the Philadelphia Stock Exchange is used in the United States for trading foreign exchange options.
The board of brokers of Philadelphia, often known as the Philadelphia Board of Brokers, was the exchange's initial name when it was created in 1790.
The Board of Brokers became the Philadelphia Stock Exchange in 1875.
Therefore, in the US, foreign exchange options are only traded on the (C) Philadelphia Stock Exchange.
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a company had inventory on hand of $100. in addition, on the last day of the year, it shipped $10 to a customer with terms f.o.b. shipping point. the correct amount of the seller's inventory at the end of the year is
As a result, the seller's inventory should be $100 Minus $10 = $90. According to the FOB shipping point, the Buyer is in charge of the goods once they leave the shipment point.
If the items are shipped FOB shipping point, it means the buyer receives the title to the products when they arrive at the shipment point. Therefore, in the described situation, the products are exported under the terms FOB shipping point, transferring ownership to the buyer and causing the inventory to be depleted.
One person's labor serves as a check on another to thwart fraud and mistakes. A task's owner should be identified and given explicit responsibility. Keeping thorough records can assist prevent asset loss.
As a result, the seller's inventory should be $100 - $10 = $90.
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turtle corporation is a calendar year c corporation formed in 2017. turtle purchased a motel property in june 2022 for $11,000,000. the motel land value represented $2,500,000 of the $11,000,000 purchase price. what is the allowable depreciation deductions on the hotel for 2022 and 2023?
The turtle corporation is a calendar year corporation formed --------. The allowable depreciation deductions on the hotel for 2022 and 2023 will be $167,450 in 2022 and $309.060 in 2023.
What is depreciation?The depreciation is defined as the reduction of the recorded cost of a fixed asset in a systematic manner until the value of the asset becomes zero or negligible.
The depreciation allows a portion of the cost of a fixed asset to the revenue generated by the fixed asset. It is the wear and tear loss of an asset.
The turtle corporation is a calendar year corporation formed --------. The allowable depreciation deductions on the hotel for 2022 and 2023 will be $167,450 in 2022 and $309.060 in 2023.
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what distingishes natural resouece commodities from other kinds of materials we use to ssuteain our qualit of life
Natural resources are viewed by cultures as naturally occurring materials or features of Earth that were not produced by human activity and can be exploited by humans to meet their needs or desires.
The use of materials derived from natural resources in manufacturing and consuming processes has numerous negative effects on the environment, the economy, and society that transcend national boundaries and have an impact on future generations. The extent of harvesting and natural productivity of renewable resource stocks, as well as the rates of extraction and depletion of renewable and non-renewable natural resource stocks, are all affected.
The environmental stresses brought on by the extraction, processing, transportation, consumption, and disposal of materials, such as pollution, waste, and habitat disruption, and their consequences on air sustainability, including air, water, soil, biodiversity, topography, and natural ecosystems, as well as human health.
International commerce, the cost of raw resources and other items on the market, as well as the economy's competitiveness and productivity.
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during the current fiscal year, a company had revenues of $530,000, cost of goods sold of $380,000, and an income tax rate of 35 percent on income before income taxes. what was the company's current year net income?
The company's current year net income is $97,500, when company had revenues of $530,000, cost of goods sold of $380,000, and an income tax rate of 35 percent on income before income taxes.
To calculate the company's current year net income, we need to first calculate the company's income before taxes. We can do this by subtracting the cost of goods sold from the revenues:
Income before taxes = Revenues - Cost of goods sold
= $530,000 - $380,000
= $150,000
Next, we need to calculate the income tax expense:
Income tax expense = Income before taxes x Tax rate
= $150,000 x 35%
= $52,500
Finally, we can calculate the company's net income by subtracting the income tax expense from the income before taxes:
Net income = Income before taxes - Income tax expense
= $150,000 - $52,500
= $97,500
So, the company's current year net income is $97,500.
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what is the present value of an annuity with monthly payments of $500, paid at the beginning of the each of the following three years, if the discount rate (apr) is 12%?
the present value of an annuity with monthly payments of $500, paid at the beginning of each of the following three years, if the discount rate (APR) is 12%, is $1016.01.
The present value of an annuity is calculated by determining the present value of each future payment, and then summing these values. To calculate the present value of each payment, you would use the formula:
PV = PMT / (1 + r)^n
Where:
PV = present value of each payment
PMT = monthly payment ($500)
r = the discount rate (12%)
n = the number of periods (3 years)
To convert the annual percentage rate (APR) to a monthly rate, you would divide the APR by 12:
r = 0.12 / 12 = 0.01
Now, you can use the formula to calculate the present value of each payment:
PV = $500 / (1 + 0.01)^(12 x 3) = $500 / (1 + 0.01)^36 = $500 / 1.4698 = $338.67
So, the present value of each of the three payments is $338.67. To find the present value of the entire annuity, you would sum the present value of each payment:
PV = $338.67 x 3 = $1016.01
So, the present value of an annuity with monthly payments of $500, paid at the beginning of each of the following three years, if the discount rate (APR) is 12%, is $1016.01.
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the u.s. produces and sells millions of types of products. to add them up to a single aggregate, each good is weighted by its:
Answer:
The U.S. produces and sells millions of types of products. To add them up to a single aggregate, each good is weighted by its: market price.
in 1800, the average income of u.s. citizens was, in inflation-adjusted terms, roughly a. $100. d. $2,000. b. $400. e. $750. c. $19,600.
The concept is Average Income, the amount of money, property, and other transfers of value received over a set period of time. The answer will be option B.
The term “ income ” generally refers to the quantum of a plutocrats, property, and other transfers of the value entered over a set period of time in exchange for services or products. There's no single, standard description of income is defined according to the environment in which the conception is used.
The average income of plutocrats that workers earn in a particular assiduity, area, or frugality during a particular period of time. During the late 19th century, the average American worker was unemployed for three or four months at a time due to illness, tempestuous rainfall, or seasonal severance.
In the late 19th century, the average income of a civic worker was only about$ 400 or$ 500 a time, a sum inadequate to support a family.
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are you subject to any non-competition, non-disclosure or other agreement that would preclude or restrict your employment at servicenow?
Non-compete clauses allow employers to control certain behaviors of their employees even after their employment has ended. It is a legal obligation to forbid it.
Employees will do business with you or disclose your personal information in the future.
Used to refer to a contract that prohibits a departing employee from working for another company for the same job for a specified period of time.
His contract contained a six-month non-compete clause. If an employee works for a company, non-compete clauses are only used to determine who can be hired after the employee leaves the company.
An NDA protects personal or business information that one or both parties wish to keep private.
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a freelance project manager is brought in by company x to lead a large, expensive project. this project manager has excellent leadership skills and a strong technical understanding of the project. for her to optimize every component of the talent triangle, what might be a good activity for the project manager at the start of her time with company x?
In order to optimize every component of the talent triangle, a good starting activity for the freelance project manager brought in by company X would be to conduct a comprehensive project assessment.
This assessment should cover several key areas, including:
Project goals and objectives: The project manager should review and understand the project goals and objectives and make sure they align with the expectations of the stakeholders.
Project risks and constraints: The project manager should identify any potential risks or constraints that may impact the project and develop mitigation strategies to minimize their impact.
Project management processes: The project manager should analyze the current project management processes and make recommendations for improvements where necessary.
Project team strengths and weaknesses: The project manager should assess the strengths and weaknesses of the project team and make plans to address any areas of concern.
Stakeholder expectations: The project manager should meet with the stakeholders to understand their expectations and establish effective communication channels.
By conducting a thorough project assessment and addressing the key areas mentioned above, the project manager will demonstrate her technical knowledge, leadership skills, and project management abilities. She will be able to optimize every component of the talent triangle and set the project up for success.
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as you have seen this week, some businesses seek to protect themselves from negative online reviews by slipping non-disparagement clauses into their terms of service. then, in some cases, they sue the authors of negative posts. lawmakers have taken note, and a new law might void such statements in small print. is trying to silence online reviewers fair, or are businesses within their rights to protect from illegitimate, damaging complaints?
Businesses trying to silence online reviews may be seen as legally fair, but ONLY if the business addresses the complaints and claims seriously.
Silencing reviews at all is not a good way to conduct business. However, illegitimate complaints and reviews can end up damaging the business's reputation, which is why some businesses are trying to protect themselves by trying to silence online reviewers.
With that said, a business trying to silence negative reviewers can be seen as fair, but only if it addresses the reviews seriously. They have to investigate further; find reasoning within the business on why a customer or reviewer decided to leave a negative review. In the end, negative reviews should be perceived as a way to improve its services and/or products rather than as a threat to its image.
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suppose that 6-month, 12-month, 18-month, 24-month, and 30-month zero rates are 4%, 4.2%, 4.4%, 4.6%, and 4.8% per annum with continuous compounding respectively. estimate the cash price of a bond with a face value of 100 that will mature in 30 months and pays a coupon of 4% per annum semiannually.
Bond valuation is a method for figuring out an individual bond's hypothetical fair value.
What is bond valuation?Bond valuation is a method for calculating the hypothetical fair value of a specific bond. A bond's face value, sometimes referred to as its par value or cash flow, and the value of the bond at maturity are both calculated as part of the valuation process.Finding a bond's fair market value is known as bond valuation. The present value of the stream of cash flows that a bond is anticipated to provide is its theoretical fair value, just like it is for any other security or capital instrument.Here is a presentation of the bond value formula: Price=Price=(Coupon×1−(1+r)−nr)+Par Value(1+r)n Price = ( Coupon × 1 − ( 1 + r ) − n r ) + Par Value ( 1 + r ) n , where: The cash flow received prior to the par value is known as the coupon. The quantity of interim compounding periods is n.Given data :
To estimate the cash price of a bond, the first step is to calculate the coupon payment per period. In this case, the bond pays a coupon of 4% per annum semiannually. Given that the face value of the bond is $100, the coupon payment per annum is 0.04 x $100 = $4. Because the coupon is paid every six months (semiannually), the coupon payment per six month is $4/2 = $2. This means that the bondholder will receive a coupon of $2 in 6, 12, 18, 24, and 30 months. In 30 months, the bondholder will also receive the face value of $100. Therefore, the bondholder will receive $2 in 6, 12, 18, and 24 months, and $102 in 30 months.
The second step is to calculate the present values of coupon payments and face values of the bond. The formula for calculating the present value of $x with continuous compounding and interest rate of r is:
PV = [tex]xe^{-r*t}[/tex]
where t is the number of years to receive $x. This requires an information on the interest rates to use. We were given the 6-month, 12-month, 18-month, 24-month, and 30-month zero rates. These zero rates are the interest rates earned on today's investments which lasts for 6, 12, 18, 24, and 30 months, respectively. These rates can be used to find the present values of coupon payments and face values of the bond.
Given that the 6-month zero rate is 4%, the present value of the $2 received in 6 months (0.5 year) is 2[tex]e^{-0.04 * 0.5}[/tex] = 1.9604
Given that the 12-month zero rate is 4.2%, the present value of the $2 received in 12 months (1 year) is 2[tex]e^{-0.042 * 1}[/tex] = 1.9177
Given that the 18-month zero rate is 4.4%, the present value of the $2 received in 18 months (1.5 years) is 2[tex]e^{-0.044 * 1.5}[/tex] = 1.8723
Given that the 24-month zero rate is 4.6%, the present value of the $2 received in 24 months (2 years) is 2[tex]e^{-0.046 * 2}[/tex] = 1.8242
Given that the 30-month zero rate is 4.8%, the present value of the $102 received in 30 months (2.5 years) is 2[tex]102e^{-0.048 * 2.5}[/tex] = 90.4659.
The last step is to calculate the cash price of the bond by summing the present values of coupon payments and face value of the bond calculated in the previous step. Therefore, we have that, the cash price of a bond is 1.9604 + 1.9177 + 1.8723 + 1.8242 + 90.4659 = 98.0405. That is, the cash price is estimated to be $98.04.
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mauricio, the owner of pizza aroma, spent $2,500 of his own money to take his family to disney world. because of the separate-entity assumption, pizza aroma's financial statements will report blank . multiple choice question.
Mauricio, the owner of pizza aroma, spent $2,500 of his own money to take his family to disney world. because of the separate-entity assumption, pizza aroma's financial statements will report nothing about this trip.
What is the separate-entity assumption ?
Business entity assumption, also known as separate entity assumption or the economic entity concept, is an accounting principle that argues that all businesses must maintain their financial records independently of their owners' and other businesses'.
Which 5 entity types are there?
several business entity types. Although the majority of small firms in the United States incorporate under one of the following five entity forms—sole proprietorship, partnership, C corporation, S corporation, or limited liability company—the majority of state governments in the country recognize a wide variety of legal entity kinds (LLC).
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an advertiser wants to get a high-level view of how all of their campaigns are performing. which level of ads manager should they view to see these results?
The answer is Ad account level, is the level of ads manager they should view to see these results.
The advertiser's function is what.Forcing an audience to purchase a good or service is the responsibility of those who work in advertising. Advertising for a company's clients, advertisements for the company they work for, or both may be created by these individuals.
In marketing, what does an advertiser do?A business, group, or person who purchases advertising time or space in order to convey a message or persuasive advertisement to the public is known as an advertiser. Its origins can be traced back to the Latin verb annunciare, which meaning to make known or proclaim a news item.
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if electro corporation sells a $20 million stock issue to an investment banking firm such as merrill lynch, this transaction takes place in: group of answer choices the secondary money market. the private placement market. the secondary capital market. the primary money market. the primary capital market.
If Electro Corporation sells a $20 million stock issue to an investment banking firm such as Merrill Lynch, this transaction takes place in the primary capital market.
What is investment banking?
Investment banking is a branch of banking that coordinates massive, intricate financial transactions like mergers or the underwriting of initial public offerings (IPOs). In addition to underwriting the issuing of new securities for a corporation, municipality, or other entity, these banks may raise money for businesses in a number of other ways. They might oversee an IPO for a business. Additionally, investment banks offer guidance throughout mergers, purchases, and reorganisations.
Investment bankers are professionals who are acutely aware of the state of the market for investments. They assist their clients in navigating the difficult high finance industry.
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paulina is the leader for a big project at work. as a first step, she creates a detailed schedule and defines the project requirements. she also creates a workflow diagram that spells out each step in the process and who is responsible for completing that step. what type of leader is paulina?
Paulina is a visionary leader. She is able to think ahead, plan for the future, and create a clear path for success. Her attention to detail and ability to clearly define each step and responsibility required for the project show her focus on creating a successful outcome.
What is project?Project is an organized set of activities that has a specific purpose and target. It is designed to achieve a desired outcome within a certain time frame. Projects are undertaken to create a product, service, or to complete a task. Projects involve planning, organizing, staffing, leading, and controlling resources to achieve a goal. Projects require resources such as time, money, knowledge, and commitment to achieve the desired outcome. Projects can be large or small, simple or complex. Projects are often used to address an issue, fill a need, or solve a problem.
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if a firm has positive external financing needed (efn) and the total debt ratio rises, then we can guarantee that:
If the company is functioning at capacity, the internal funds generated (i.e., the addition to retained earnings from the pro forma income statement) will normally be less than what is required overall, resulting in a positive EFN.
What kind of outside funding is required by EFN?The amount of outside funding a business needs to continue to be profitable is known as the external financing needed, or EFN. Since it shows the precise amount that the business needs to borrow from lenders and other external sources, EFN is crucial to comprehend.
What happens to the anticipated efn if the company distributes all of its earnings as dividends?If a company distributes all of its profits as dividends, it has no internal sources of funding (accounts payable effects excluded); in this scenario, the internal growth rate is zero, and the EFN will increase in proportion to the change in total assets.
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which pair are most likely substitute goods? question 27 options: a) pizza and chicken wings b) ramen noodles and water c) soft drinks and lemonade d) hot dogs and mustard
Option (c), Most likely, lemonade and soft drinks can be used as substitutes.
substitute goods: What are they?Substitute products: Products that can be used in lieu of one another to satiate a particular need are referred to as substitute goods. such as ghee and refined oil, tea and coffee, etc. In the case of substitute goods, a rise in one good's price results in a rise in the other good's demand.
A product or service that customers perceive to be substantially the same as or sufficiently comparable to another product is referred to as a substitute, or substitutable good, in economics and consumer theory.
When customers may utilize two commodities for the same purpose, they are deemed to be replacements in microeconomics. In other words, a buyer views both items as equivalent or similar, and as a result, they desire less of the other good when they have more of the first.
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a. there is potential for conflicts of interest. b. the purpose of businesses in the united states is to generate profit for the owners. c. businesses lack the expertise needed to manage social programs. d. involvement in social programs gives businesses too much power. e. business creates problems and should therefore help solve them.
"INVOLVEMENT IN SOCIAL PROGRAMS GIVES BUSINESS TOO MUCH POWER," every one of the following in the selections is a popular argument against social obligations for organisations.
d. involvement in social programs gives businesses too much power.
When a person's personal interests—such as those related to their family, friends, finances, or social standing—could affect their judgement, decisions, or actions at work, that situation is known as a conflict of interest. Because government organisations take conflicts of interest so seriously, they are governed.
The goal of a business is to provide value to consumers, who then exchange that value for cash or other means of payment. The money received should, at the very least, cover the costs of running the business and the owner's basic demands.
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The correct question as follows
All of the following are common arguments against social responsibility for organizations EXCEPT?
a. businesses lack the expertise needed to manage social programs.
b. involvement in social programs gives businesses too much power.
c. the purpose of businesses in the United States is to generate profit for the owners.
d. business creates problems and should therefore help solve them.
e. there is potential for conflicts of interest.
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according to the model of aggregate supply and aggregate demand, in the long run, an increase in the money supply should cause a. prices to rise and output to remain unchanged. b. prices to fall and output to fall. c. prices to rise and output to rise. d. prices to fall and output to remain unchanged.
According to the model of aggregate supply and aggregate demand, in the long run, an increase in the money supply should cause prices to rise and output to remain unchanged.
What is aggregate supply?
In economics, the total quantity of goods and services that businesses in a national economy intend to sell over a given time period is referred to as aggregate supply (AS) or domestic final supply (DFS). It is the entire quantity of goods and services that businesses in an economy are willing and able to sell at a specific price level. Government "supply-side policies," which aim to raise productive efficiency and subsequently national production, focus on the aggregate supply.
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1. if 16,000 units are produced and sold, what is the variable cost per unit produced and sold? 2. if 24,500 units are produced and sold, what is the variable cost per unit produced and sold? 3. if 16,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 4. if 24,500 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 5. if 16,000 units are produced, what is the average fixed manufacturing cost per unit produced? 6. if 24,500 units are produced, what is the average fixed manufacturing cost per unit produced? 7. if 16,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production? 8. if 24,500 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production?
Variable cost per unit produced and sold for 16000 units; $5.00; 4500 units; $4.90; total amount of variable cost related to 16,000 units: $80,000; 24,500 units produced: $120,000; average fixed manufacturing cost per unit: $7.35; total cost of fixed manufacturing overhead: $120.
How to calculate these statements?1. Variable cost per unit produced and sold = Total Variable Cost / Units Produced and Sold
16,000 units produced and sold: Variable cost per unit produced and sold = $80,000 / 16,000 = $5.00
2. 4,500 units produced and sold: Variable cost per unit produced and sold = $120,000 / 24,500 = $4.90
3. Total amount of variable cost related to 16,000 units produced and sold = 16,000 x $5.00 = $80,000
4. Total amount of variable cost related to 24,500 units produced and sold = 24,500 x $4.90 = $120,000
5. Average fixed manufacturing cost per unit produced = Total Fixed Manufacturing Overhead / Units Produced
16,000 units produced: Average fixed manufacturing cost per unit produced = $120,000 / 16,000 = $7.50
6. 24,500 units produced: Average fixed manufacturing cost per unit produced = $180,000 / 24,500 = $7.35
7. Total amount of fixed manufacturing overhead incurred to support 16,000 units production = 16,000 x $7.50 = $120.
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in the country freedonia, income and social services are distributed equally among its citizens. however, they must pay high taxes, and they experience high levels of unemployment. freedonia is an example of a(n) nation. multiple choice communist socialist capitalist supply and demand entrepreneurial
In a socialist economy, the emphasis of socialism is on common or public ownership of the means of production.
Such an economy is characterised by total governmental control over the production and distribution of goods and services as well as the total reliance of the populace on the government for all of their basic needs.
Of fact, since it chooses how resources are allocated, the government ultimately controls all of the state's resources and may set tax rates as a result. Furthermore, there will be a high level of unemployment because people's well being is independent of their ability to support themselves through jobs and companies.
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on june 1, the cash account balance was $94,110. during june, cash receipts totaled $347,970 and the june 30 balance was $66,560. determine the cash payments made during june.
The cash account has a balance of $94,110 as of June 1. Cash revenues for the month of June came to $347,970, and the balance as of June 30 was $66,560. $375,520 worth of cash payments were made in June.
What rules apply to cash payments?The recipient of the products or services makes a cash payment in the form of bills or coins to the supplier of those goods or services. Additionally, it can require paying staff members for the hours they put in or compensating them for minute expenditures that are too small to go through the accounts payable system.
In exchange for a loan, deposit, transfer of any moveable property, or for any other purpose, no one is permitted to accept cash payments of Rs. 20,000 or more (even if transfer does not take place). The aggregate cap of Rs. 1 lakh must be paid back if any money donated to someone for such a purpose still needs to be reimbursed.
Cash = $94,110
$347,970 in cash was received; $66,560 was left over.
to find more about cash payments made in June.
This is how equilibrium is established:
balance = cash at the beginning + cash receipts - cash payments.
Give this your all.
cash payments =$94,110 + $347,970 - $66,560
cash payments = $375,520
Thus, we are aware that $375,520 in cash has been paid.
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fifteen years ago, you invested $5,000. today, it is worth $18,250. what annually compounded rate of interest did you earn?
The annual compounded interest that you earned is given as : 6.9 percent
How to solve for the compounded interestTo calculate the annual compounded rate of interest, you can use the formula:
r = (V / P)^(1/t) - 1
Where:
r = annual compounded rate of interest
V = final value of investment ($18,250)
P = initial value of investment ($5,000)
t = time elapsed in years (15)
Plugging in the values:
r = ($18,250 / $5,000)^(1/15) - 1
r = (3.65)^(1/15) - 1
r = 1.0696 - 1 = 0.0696 or 6.96%
So, the annually compounded rate of interest that you earned is approximately 6.96%.
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gthe trend of on-demand service e-commerce producing a flood of temporary, poorly paid jobs without benefits is an example of what type of major trend?
The trend of on-demand service e-commerce producing a flood of temporary, poorly paid jobs without benefits is an example of the gig economy trend.
The gig economy refers to a labor market characterized by the prevalence of short-term contracts or freelance work, as opposed to permanent jobs. In this type of economy, individuals often work as independent contractors rather than employees, and companies use these workers on an as-needed basis to complete specific tasks or projects. This can lead to a situation where many workers have low wages, limited benefits, and few job security protections. In a gig economy, enormous quantities of individuals work in parttime or brief positions or as self employed entities. The consequence of a gig economy is less expensive, more productive administrations, like Uber or Airbnb, for those able to utilize them.
Individuals who don't utilize mechanical administrations, for example, the Web might be abandoned by the advantages of the gig economy. Urban communities will generally have the most profoundly evolved benefits and are the most dug in the gig economy.
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the preference for more liquid short-term securities places downward pressure on the slope of the yield curve. group of answer choices true false
False, The preference for more liquid short-term securities places Upward pressure on the slope of the yield curve.
A yield curve is a line that represents the yields (interest rates) of bonds with similar credit ratings but various maturities. The yield curve's slope provides insight into potential future changes in interest rates and economic activity.
At certain times, investors may place a higher priority on liquidity, and as a result, the liquidity premium will alter over time. The yield curve will change along with it. This is the liquidity premium theory, also known as the liquidity preference theory.
Because a shorter maturity represents greater liquidity, some investors might prefer to own short-term securities rather than long-term ones. They might only agree to hold long-term securities in this situation if they receive a premium for the lower level of liquidity.
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if the cross-price elasticity of hamburgers and ketchup is −0.6, and the price of hamburgers increases by 50%, how would be the percentage change in the quantity of ketchup demanded?
If the price of hamburgers rises by 50%, the demand for ketchup falls by 30% due to the negative cross-price elasticity of -0.6.
what is cross price elasticity?The term "cross-price elasticity of demand" refers to the link between a change in the price of one commodity (the "dependent variable") and a change in the quantity requested of another good (the "independent variable"). The cross-price elasticity is a numerical value that represents the degree to which the quantity requested of one commodity responds to changes in the price of another good. It might be positive, negative, or 0 at all times. A positive cross-price elasticity indicates that the two commodities are substitutes, and that increasing the price of one will boost demand for the other. When there is a negative cross-price elasticity, the two items are complementary.
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