The correct journal entry to record a transaction that involves paying cash for an expense incurred in the same period is accrual process.
For a transaction involving cash payment for an expense made in the same period, the proper journal entry is: -debit expense and credit cash. accumulated costs: expenditures made but not yet documented or paid in cash. A journal entry known as an accrual is used to record income and costs that have already been earned or incurred but for which the corresponding cash sums have not yet been collected or disbursed.
An expense that is recorded on the books before it has been paid is referred to as an accumulated expense, also known as an accrued obligation.
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Which terms describes the decline of manufacturing paired with an increase in various types of services?
The law of supply states that when prices rise, more of the good will be supplied; conversely, if prices fall, less of the good will be produced.
What name is given to the area of the United States that rapidly deindustrialized starting in the 1970s?The word "rust" describes how these areas have been affected by deindustrialization, economic collapse, population loss, and urban deterioration as a result of the demise of the once-dominant industrial sector, particularly including steelmaking, automotive manufacture, and coal mining.
A technical advancement that reduces the product's marginal cost of production will boost the amount of goods available on the market.
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When the price of a bond is ________ the equilibrium price, there is an excess demand for bonds and the price will ________.
When the price of a bond is below the equilibrium price, there is an excess demand for bonds and the price will rise.
What is Demand?Demand refers to the amount of the money spent on the purchase of the commodity for the particular period of time. It includes the demand of the consumer goods, imports, and government spending.
The excess demand for the bond tends to increase the prices of bonds and rate of interest falls. Thus, ultimately leading to new equilibrium interest rate is lower than previous one.
Therefore, it can be concluded that When a bond's price is lower than its equilibrium price, there is an inflationary pressure on bonds, and the price rises.
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During world war ii, many factories were converted from producing consumer goods such as cars to producing munitions. What is this an example of?.
This is an example of Shift in market demand.
Demand and supply curves are two things in economics that cannot be separated. Both have an important role in describing supply and demand which is useful for business strategies such as pricing. supply curves and demand curves can shift. The demand curve is a picture of the relationship between price and quantity demanded by consumers.
The demand curve has a function as an estimate of behavior in a competitive market. There are several factors that can affect the price of goods or services and consumer demand. These factors must be considered by businesspeople so that their business always competes in the market.
The demand curve is a description of the law of demand which reads "if the price of goods or services falls, the demand from consumers will increase". This law is of course inversely proportional to the supply curve. However, an example of a demand curve will serve as a determinant of the price of the goods or services you sell according to the existing demand.
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Given+the+anticipated+inflation+premium+of+5.75%+and+the+real+rate+of+interest+of+3.25%,+what+is+the+nominal+interest+rate?
The anticipated inflation premium of 5.75% and the real rate of interest of 3.25%, the Nominal Rate is 0.0919 or 9.19% , explanation is given below.
(1+Nominal Return) = (1+Real return) x (1 + inflation)
Nominal Return has to be calculated
Real Return = 3.25% or 0.0325
Inflation = 5.75% or 0.0575
(1+Nominal Return) = (1 + 0.0325) x (1+0.0575)
Nominal Return = 0.0919 or 9.19%
What is Nominal Rate
The return on a security without accounting for inflation is known as the nominal rate of return. The inflation premium is included in the nominal return, which must be modified to obtain the real return. Short-term nominal interest rates are set by central banks and serve as a benchmark for other interest rates imposed by banks and other financial institutions. Following a significant recession, nominal interest rates may be artificially kept low in order to boost economic activity by encouraging consumer borrowing and spending. But for such stimulus program to be effective, inflation must not be a current or impending threat. The federal funds rate, the interest rate established by the Federal Reserve, is also known as a nominal rate in the United States.
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A study of hundreds of companies in north america found that up to about one-half of employees experience incivility at work on a weekly basis. True or false
A study of hundreds of companies in north America found that up to about one-half of employees experience incivility at work on a weekly basis is a True Statement.
What is incivility behavior?The term incivility in the Workplace is known to be a term that is defined as a kind of “little intensity” behavior that can be shown through a lot of actions such as little mild character shown but often rude, discourteous or a kind of impolite behavior.
Therefore, A study of hundreds of companies in north America found that up to about one-half of employees experience incivility at work on a weekly basis is a True Statement.
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2. Kathy took a job through an employment agency. The job pays $415 per week. Kathy must pay a
fee to the employment agency. The fee is 25% of her first two weeks' pay. How much money
must Kathy pay the agency?
Answer: 415 x 2 = 830
25% of 830 is 207.5, so therefore Kathy must pay the agency $207.50
The rapid growth of war-torn economies and previously underdeveloped countries, coupled with large-scale economic cooperation and assistance that followed world war ii, led to?
The rapid growth of war-torn economies and previously underdeveloped countries, coupled with large-scale economic cooperation and assistance that followed World War ii, led to the rise of new global marketing opportunities. Thus, option A is correct.
What are economies?Economic refers to the area where the economy is present at the time the commodity is brought to market and sold.
After World War 2 various changes were happening in the economy of a country is there were various losses that would happen with respect to life as well as the financial position of a country.
There was a radius economy that for being developed at a higher rate and many new industries were being found. In the market with the respect to the Global crisis. Therefore, option A is the correct option.
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The question is incomplete, the complete question will be:
The rapid growth of war-torn economies and previously underdeveloped countries, coupled with large-scale economic cooperation and assistance that followed World War II led to:
Question options:
the rise of new global marketing opportunities.
the uneven distribution of economic power.
the dissolution of GATT.
the spread of Communism.
the sharp reduction of the production capacity in the U.S.
A firm with a 26 percent return on equity earned ______ cents in profit for every one dollar in shareholders' equity.
A firm with a 26 percent return on equity earned 26 cents in profit for every one dollar in shareholders' equity.
What is return on equity?
The return on equity measures the rate of return on shareholders' equity based on the net income earned by the company, in other words, it is determined as the net income or earnings divided by the shareholders' equity
return on equity=net income/shareholders' equity
return on equity=26%
net income=unknown(assume it is x)
shareholders' equity=100 cents($1=100 cents, since the earnings were expressed in cents)
26%=net income/100 cents
net income=26%*100 cents
net income=26 cents
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Razor, inc. and tyros, inc., two automobile companies, merged, reducing the number of corporations competing within the automobile industry. this merger is an example of a:_________
Razor, inc. and tyros, inc., two automobile companies, merged, reducing the number of corporations competing within the automobile industry. this merger is an example of a horizontal merger.
How does a horizontal merger work?Any merger or corporate reorganization that takes place between businesses engaged in the same industry is referred to as a horizontal merger. Since businesses in the same industry frequently face more competition, merging businesses stand to benefit greatly from synergies and possible market share gains.
Due to larger businesses' attempts to establish more effective economies of scale, this kind of merger happens regularly. A vertical merger, on the other hand, happens when businesses from various links in the supply chain combine efforts to improve productivity or lower the cost of manufacturing. A corporation can achieve competitive benefits through a horizontal merger.
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A borrower takes out a 30-year mortgage loan for $300,000 with an interest rate of 4%. what would the monthly payment be?
Monthly Payment: $515,608.52
Given:
A 30-year Mortgage loan of $300,000
Interest rate: 4%
Monthly Payment: $515,608.52
Mortgage Loan: When you and a lender enter into a mortgage, the lender is granted the power to seize your property if you are unable to pay back the loan amount plus interest. To purchase a property or borrow money against the value of a home you currently own, you can use a mortgage loan.
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Custom segments may be created using which criteria? (select all answers that apply) dimensions metrics session dates sequences of user actions
A business metric is a quantitative indicator used to monitor and evaluate the progress or effectiveness of a particular company function. Metrics are used to monitor progress toward both short- and long-term goals and objectives.
KPIs use metrics as their primary unit of measurement. Key performance indicators, or KPIs, are metrics that include a target and a timeline. KPIs are the action; metrics are the measurement. In business management, operational control includes metrics. Operational controls make sure the company adheres to the established standards. These controls are designed to regulate how the firm produces its output on a daily basis in respect to product program, specification, and value.
Metrics are quantitative assessment measures frequently used for evaluating, contrasting, and tracking performance or output. In order to maintain performance assessments, opinions, and business strategies, managers or analysts often employ a set of metrics to develop a dashboard that they regularly monitor.
Financial Metrics
domestic product, or GDP (GDP)InflationUnemployment rateTo lean more about metrics from the given link.
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In the ______ step of the stakeholder impact analysis the firm identifies their stakeholders' interests and claims according to the power, legitimacy, and urgency framework.
Companies identify the stakeholders who presently have or may in the future have a meaningful impact on the company in the first step of a stakeholder impact analysis.
The application of analytical tools and procedures to study how corporate actions may affect stakeholders is known as a stakeholder impact analysis or stakeholder analysis. Stakeholder impact analysis measures and analyzes the impact of business choices on the business's stakeholders using analytical tools and techniques. It is a crucial duty for business management. Making decisions pertaining to production, distribution, and final sales is done using it to develop business strategy.
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In a pure command economy, the prices at which goods and services are sold are planned by the.
In a pure command economy, the prices at which goods and services are sold are planned by the the government or ruling authority .
A command economy is a principle point of a political system in which a central governmental authority forces the levels of production that are allowed and the prices that may be paid for goods and services. Most industries are owned by the public.
The principal alternative to a command economy is a free market economy where supply and demand determine prices and output.A communist political system includes a command economy, whereas capitalist countries have a free market.
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A company's triple bottom line represents which aspects?
a. profit planet
b. people privacy
c. politics
d. production
A company's triple bottom line represents aspects profit planet, people privacy and production.
What is production?Several material and immaterial inputs are integrated during the production process to produce something that is intended for consumption. It involves creating an output, a good or service that has value and improves the utility of individuals.
Production, in a manufacturing process, is the process of changing raw materials or inputs into finished objects or products. In other words, it describes the process of building something from nothing. A good example of production is the creation of furniture. One instance of production is gathering corn for human consumption. An example of production is the amount of grain produced.
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All of the following are forces that create high rivalry within an industry except? high fixed costs. equally balanced competitors. fast industry growth. high storage costs.
The forces that do not create high rivalry within an industry is fast industry growth.
What does competition entail in business, and what forms are there?Competitive rivalry is a gauge of how intensely existing firms compete with one another. Profits may be hampered by intense competition, which may result in price reductions, higher advertising costs, or investments in service/product innovation and upgrades.
There are three primary types of conflict:
1) Biological rivalry;
2) personal or conscious rivalry; and
3) industrial and commercial rivalry.
The competition between the football teams of two nearby high schools is an illustration of a rivalry. the relationship between two or more rivals who frequently compete against one another. The phrase usually refers to two rivals. The Montreal Canadiens and Boston Bruins share a long-standing rivalry.
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It is important to provide the decision maker more information than he or she can process. True or false
The decision-maker should be given more information than they can handle. false
A decision maker is the individual or group in charge of selecting the best course of action given the restrictions of time, the resources at hand, the type and quantity of information at hand, and the number of interested parties.
The cognitive process that leads to the selection of a belief or a plan of action from a variety of potential alternative possibilities is known as decision-making (also spelled decision-making and decision-making). It might be both unreasonable and rational. Each decision-making process results in a final choice, which may or may not lead to action. The reasoning process is founded on the decision-assumptions maker's about values, preferences, and beliefs.
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Marketers are interested in how consumption patterns vary across countries and within countries. for example, which country has the highest consumption of wine on a per-capita basis?
Marketers are interested in how consumption patterns vary across countries and within countries. For example, France has the highest consumption of wine on a per-capita basis.
What is per-capita?The average income per person in a given location during a given year is measured by per capita income or total income. The amount is determined by dividing the region's overall income by its whole population. The national income divided by the population equals per capita income.
Simply divide the number of murders by the city's total population to determine the rate. Statisticians typically multiply the value by 100,000 and present the result as the number of murders per 100,000 persons to avoid using a small little decimal.
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Which account beginning with the letter 's' is the target of the attack?
The account beginning with the letter 's' which is the target of the attack is savings account.
What is a savings account?A savings account is an account at a retail bank. It has features such as a limited number of withdrawals, a lack of cheque and linked debit card facilities, limited transfer options and the inability to be overdrawn.
Therefore, the account beginning with the letter 's' which is the target of the attack is savings account.
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May a seller refuse to a pay a commission if a buyer refuses to pay full price for a property?
The listing agreement, which must be duly executed by both the seller and the broker, is a legal contract that specifies compensation. The seller sets the price, not the broker, and the broker does not tell the seller what price to accept.
A broker is a person or business that stands between a potential investor and a securities exchange. Individual traders and investors require the services of exchange members since securities exchanges only accept orders from people or companies who are members of that exchange. Brokers offer that service and are paid in a variety of methods, including commissions, fees, or payments from the exchange itself.
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Most people are said to be _____________, and most organizations are said to be ____________.
Most people are said to be risk averse and most organizations are said to be risk neutral.
Risk aversion is the tendency to avoid risk. Risk-averse investors prioritize capital preservation over the prospect of receiving a return that is higher than the market average. In economics and finance, the tendency for people to choose outcomes with low uncertainty over those with high uncertainty is referred to as risk aversion, even when the latter's average outcome has a similar or higher monetary value than the earlier one.
The term "risk neutral" refers to a mode of thinking in which risk is not taken into account when selecting an investment plan. A person with a risk-neutral mindset simply ignores the threat, regardless of whether doing so is a terrible choice. This attitude is frequently dependent on the circumstances and may be affected by costs or other external factors.
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True or false: the sarbanes-oxley act provides incentives for companies to go public in us markets.
This is FALSE statement. The Sarbanes-Oxley Act of 2002 is a United States statute. Congress passed this legislation to help safeguard investors from corporate fraud in financial reporting. None of this incentivizes companies to go public in markets of United States.
This "SOX Act" required rigorous modifications to current securities regulations and imposed harsh new penalties on violators thus, companies who knowingly certify misleading financial statements can now potentially face prison time.
Corporations must affirm the financial statement's veracity and accept responsibility for any inaccuracies in the annual report and these rules do not provide incentives for companies to go to public in US markets.
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Given the following make-buy information, what would be the break-even point? make option buy option fixed costs $5,500 $1,500 variable costs $4 $9
If X is the point at which the make-and-buy option breaks even, then:
5500 + 4*X = 1500 + 9*X
5*X = 4000
X = 800 units.
What is the break-even point?
The production level at which total sales for a product equal total expenses is known as the break-even point.By comparing an asset's market price to its initial cost, the break-even point (break-even price) for a transaction or investment can be identified. The breakeven point is reached when the two prices are equal.The break-even point formula in corporate accounting is calculated by dividing the total fixed costs of production by the revenue per unit less the variable expenses per unit. In this context, fixed costs are those expenses that are constant regardless of the quantity of units sold. Break-even points can be applied to a wide variety of contexts.To learn more about Break-even points visit:https://brainly.com/question/15356272
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What is the probability that a randomly chosen male respondent or his partner has blue eyes?.
The probability that a randomly chosen male respondent or his partner has blue eyes will be 0.71.
Probability for a randomly chosen experiment is considered by writing as P (X) = n/N. Here 'n' is considered as the number of favorable outcomes which is as per the question and 'N' is the total number of possible outcomes imparted in the question.
Assortative mating is a type of nonrandom pattern of mating where individuals with the same kind of genotypes or phenotypes frequently mate with one another than the expected number to be under a pattern of random mating. Researchers who studies this topic collected data based on the eye colors of 204 Scandinavian men as well as their respected female partners.
From the data given, total possible outcomes (total number of male and female partners with different eye colors) =204
Favorable outcomes of case 1(total number of male partners with blue eyes)=114
Favorable outcomes of case 2(total number of female partners with blue eyes)=108
P(blue eyes)=78
The probability that a randomly chosen male respondent or his partner has blue eyes,
= 114/204 + 108/204 − 78/204
= 0.71
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The given question is incomplete. The complete question is:
Blue Brown Green Total Blue 78 23 13 114 Self (male) Brown 19 23 12 54 Green 11 9 16 36 Total 108 55 41 204 (a) What is the probability that a randomly chosen male respondent or his partner has blue eyes?
A systematic process of ensuring that your firm is returned at or near the top of lists of typical search phrases related to your business is?
Search engine optimization (SEO) is a methodical technique that makes sure your company appears at the top of lists of common search keywords related to your industry or close to it.
What is SEO
Search engine optimization is a method of boosting both the volume and quality of search engine traffic to a website or web page (SEO). SEO emphasises organic traffic over direct or purchased visitors (sometimes called "natural" or "organic" results). Free visitors can be attracted by searching for photographs, videos, news, scholarly publications, and vertical search engines that cater to particular industries. When employed as an online marketing tactic, SEO takes into account a number of variables, such as how search engines function, the computer algorithms that govern how they behave, what people search for, the actual search terms or keywords they enter into search engines, and which search engines their target market prefers.
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If+actual+unemployment+is+6.2%+and+the+natural+rate+is+4%,+cyclical+unemployment+is:___.
If actual unemployment is 6.2% and the natural rate of unemployment is 4%, cyclical unemployment is 2.2%.
What does the term unemployment mean?Unemployement refers to the situation where a person actively searches for employment but is unable to find work.
Unemployment can be measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force. There are three main types of unemployment that are cyclical, structural and frictional unemployment.
Basically, unemployment is the situation where people who want jobs cannot get them.
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The financial planning process includes? i. determining asset requirements. ii. developing contingency plans. iii. establishing priorities. iv. analyzing funding options.
The financial planning process includes analyzing funding options.
Taking in charge your timeframe, cash flow, risk tolerance, current insurance range, tax strategies and investment goals, a range of ideas and financial planning options would be presented in order to decide which one suits you the best. This will help you deliver more actual and satisfying decisions.
What is financial planning process?
The main role of a financial planner is to help someones meet their medium-term and long-term financial objectives. Financial planners work closely with the customer to crystallize the goals, analyze their goals, assess risk patience, and as an end product create a plan of driving from point A to point B.
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______is a type of non-profit that centers on philanthropic goals as well as social well-being.
A benevolent organisation is a business or non-profit whose main goals are philanthropy and social welfare (e.g. educational, religious or other activities serving the public interest or common good).
A nonprofit organisation (NPO) is one that is motivated by commitment to a particular cause rather than by a desire for financial gain.
A non-profit organisation is a group that was established with the intention of making a profit, and in which no part of the organization's revenue is given to its directors, officials, or members.
This company uses its revenue and profits to further its primary objective, which supports its mission.
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A required reserve ratio of 7 percent gives rise to a simple deposit multiplier of?
A required reserve ratio of 7 percent gives rise to a simple deposit multiplier of 14.29.
What is reserve ratio?The reserve ratio is the percentage of reservable liabilities which commercial banks must keep rather than lend or invest. This is a requirement set by the country's central bank, which is the Federal Reserve in the United States. It is also referred to as the cash reserve ratio.
Some key points related to reserve ratio are-
The reserve requirement is the minimum amount of deposits that a bank must hold, and it is sometimes used interchangeably with the reserve ratio. Regulation D of the Federal Reserve Board establishes the reserve ratio. Regulation D established uniform reserve requirements with all deposit accounts with transaction accounts and necessitates banks to provide the Federal Reserve with regular reports.Suppose the Federal Reserve determined that the reserve ratio should be 11%. This means that if a bank has $1 billion in deposits, it must keep $110 million in reserve ($1 billion x.11 = $110 million).To know more about reserve ratio, here
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Suppose there is an early freeze in california that reduces the size of the lemon crop. What happens to consumer surplus in the market for lemons?.
The market for lemons will experience a decline in consumer excess.
Two fundamental economic theories are combined in the law of supply and demand to explain how changes in the price of a resource, good, or service impact its supply and demand.
Demand declines when the price rises, but supply increases. On the other hand, as the price drops, supply becomes limited and demand rises.
On a graph, levels of supply and demand for various prices can be represented as curves. These curves overlap at the equilibrium, or market-clearing price, where supply and demand are equal. This intersection symbolizes the process of price discovery in the market.
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A house has been on the market for several months because most buyers do not want to walk through the master bedroom from the garage to reach the kitchen. this floor plan is an example of:_______
A house has been on the market for several months as most buyers do not want to walk through the master bedroom from the garage to reach the kitchen. So this floor plan is an example of functional obsolescence.
Functional obsolescence is regarded as a reduction of an object's desirability or usefulness because of an outdated design feature which now cannot be changed easily. Thus, various efforts have been made over the past few years in order to objectively quantify the effect of functional obsolescence in real estate.
So here, a house for several months has been on the market as most of the buyers do not want to buy it. As the house is not built in a convenient way. So this floor plan is an example of functional obsolescence.
Hence, functional obsolescence is most often the result of new technology, in recent decades.
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