The net income reported on the income statement is $62,904. however, adjusting entries have not been made at the end of the period for the supplies expense of $2,362 and accrued salaries of $1,627. net income, as corrected, is $66,893.
What do you mean by net income?
Net income is a financial term used to describe the total amount of money a person or business has earned after all expenses, costs, and taxes have been deducted. It is also known as the bottom line because it is the last item on a company's income statement. Net income is an important metric for both businesses and individual investors, as it represents the overall profitability of the company or investor. It is also used to determine a company's dividend payout and the amount of taxes due. Net income is a key measure of financial performance, and is typically the primary focus of investors and analysts when evaluating a company's financial health.
So, The required answer is $66,893.
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Juan develops a theory in which he proposes that, as surface-level diversity increases, so too does workplace creativity From this description, surface-level diversity would be considered a ________ while its relationship to creativity would be considered a _________
Question 1 options:
a) Boundary condition; construct
b) Construct; proposition
c) Proposition; model
d) Constraint; theoretical premise
b) Construct; proposition.
In this description, surface-level diversity is considered a "Construct" because it is a variable or concept being studied and proposed to have an effect on another variable.
Surface-level disparities between members of a group, such as those based on gender, colour, age, or ethnicity, are referred to as surface-level diversity. This type of diversity is frequently contrasted with deeper types of variety like personality, value, and experience distinctions. In the workplace, surface-level diversity can broaden the range of viewpoints and experiences that workers bring to problem-solving and decision-making, which can enhance creativity and innovation. These advantages are not, however, ensured by having a diversified staff alone. Organizations need to develop an inclusive culture that values and capitalises on the contributions of all employees if they are to fully realise the potential benefits of surface-level diversity. This may involve fostering equality for all workers and decreasing bias through training, initiatives, and policies.
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Which of the following industry characteristics is generally least likely to pro- duce high returns on capital?
A. High barriers to entry
B. High degree of concentration
C. Short lead time to build new plants
High barriers to entry are generally the least likely to produce high returns on capital.
What are returns on capital?
A payment or return from an investment that is not regarded as a taxable event and is not subject to income tax is known as a return of capital (ROC). For instance, capital is returned on permanent life insurance policies and retirement accounts; earnings are returned first on standard investment accounts. The cost basis of an investment is the primary amount that should produce a return on the investment. Return of capital simply refers to the return of the principal; it does not include any gains or losses from the investment.
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true/false. while there are incentives to work hard in the private sector for capitalist, socialist, and mixed economies, there is little incentive to work in a economy.
While there are rewards for putting in a lot of effort in the private sector of a capitalist, socialist, or mixed economy, there are little rewards for doing the same in a communist economy.
The private sector is that portion of the economy that is not governed by the government and is run by individuals and corporations for financial gain. Therefore, all for-profit businesses that are not owned or managed by the government are included.
The public sector is made up of government-regulated enterprises and corporations, whereas the voluntary sector consists of nonprofit organisations like charities. Ministries, departments, and public companies are all part of the central government. The state-level ministries, departments, and public sector enterprises are included in the state governments.
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FILL IN THE BLAN if a firm maintains a constant debt-equity ratio and does not use any new external equity financing, the firm can grow at a rate no greater than its ____
If a firm maintains a constant debt-equity ratio and does not use any new external equity financing, the firm can grow at a rate no greater than its sustainable growth rate.
What would be the growth rate of equity?
Increasing the payout ratio by the equity's return yields the equity growth rate without any outside funding (ROE). Simply setting the growth rate in the dividend discount method (DDM) to zero will allow you to use it to value preferred shares.
A company can only grow at a pace that is no higher than its sustainable rate of growth if it keeps its debt-to-equity ratio unchanged and uses no additional outside equity funding.
Therefore, The debt-to-equity ratio indicates to a corporation how much risk there is in the way its financial structure is set up and operated.
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juan and isidro enter into a contract to buy, restore, and reopen the coastal park carousel. before either party begins to perform, they make a new agreement to rescind their deal. this
Juan and Isidro enter into a contract to buy, restore, and reopen the Coastal Park Carousel. Before either party begins to perform, they agree to cancel their deal. This is: mutual rescission.
What is mutual rescission?
The contract is dissolved and both parties are released from its responsibilities by a mutual rescission and release agreement, allowing them to carry on with their regular commercial operations. Rescission is the process through which a contract is declared void and no longer regarded as having legal force.
The courts have the authority to release non-liable parties from their contractual commitments, and they will attempt to put them back in their pre-contractual positions whenever practical. Through a mutual rescission and release agreement, the contract is annulled and both parties are released from its obligations, enabling them to resume their normal business operations.
Complete question.
Juan and Isidro enter into a contract to buy, restore, and reopen the Coastal Park Carousel. Before either party begins to perform, they make a new agreement to rescind their deal. This
a. has no effect on Juan’s performance.
b. changes Isidro’s duties under the contract.
c. discharges the original contract.
d. suspends both parties' duties to perform.
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What was one of the main purposes of the settlement house movement?
The purpose of settlement homes was to go beyond simple acts of charity by bringing together members of the middle and higher classes to work with and for the impoverished.
Giving aid voluntarily to people in need out of a sense of altruism and without regard for one's own gain is the definition of charity. Charity is the subject of many different ideologies, many of which are religious in nature. The proceeds from the sale of these cards will go to local charities. an organisation whose goal is to offer money, food, or assistance to those in need, or to conduct activities like medical research that will aid those in need, without considering making a profit. Giving away unused toys to the less fortunate, smiling at a stranger, holding doors open for strangers, or paying a sick relative a visit are all examples of charitable acts since they make people feel good.
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TRUE OR FALSE the generation of sales and profits does not necessarily ensure there will be adequate cash on hand to meet financial obligations as they come due.
The statement is False. The generation of sales and profits does not necessarily ensure there will be adequate cash on hand to meet financial obligations as they come due.
Obligations are the foundation of our economy. Believing that an agreement will be stuck to makes a steady, solid society. People, companies, legislatures, banks, and establishments — any substance that works inside a general public — should routinely satisfy their commitments, or, in all likelihood deal with repercussion.
Financial Obligations address any remaining obligations or normal installments that a party should make. For instance, assuming you owe or will owe cash to anyone, that is one of your monetary commitments. Practically any type of installment or monetary security addresses a monetary commitment. Coins, banknotes, portions of stock, and bonds are commitments or commitments that you will be credited with the acknowledged worth of the thing or gain specific freedoms or honors by holding it.
Numerous formal financial obligations, similar to contracts, understudy loans, or booked help installments are put down in composed agreements endorsed by the two players and lay out a lender borrower relationship of commitment.
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Adams Company adjusted its records to recognized accrued salary expense at the end of its Year 1 accounting period. The recognition is
At the end of its Year 1 accounting period, Adams Company made the necessary adjustments to its records in order to recognise accrued compensation expense. It is acknowledged.
What is the definition of company means?
A company is, in general, a legal fiction with limited liability, permanent succession, and a common seal. It is also an artificial person with its own legal entity. It's a group of people coming together voluntarily to fund the operation of the firm with their combined capital contributions.
A corporation's people's desire to create value is the reason it is termed a company. The Latin word produco, which means to lead forth or bring forward, is where the word "to produce" first appeared. Old French, which is the origin of the word "company," is a synonym for compaignie or friendship.
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i sure as heck don't want to loose it to the corrupt ones that want to force us to digital currency.
Encrypted tokens or "coins" are referred to as digital money. These can be kept on a distributed online ledger that is decentralized utilising blockchain technology.
What is digital currency?The term "digital currency" (also known as "digital money," "electronic money," or "electronic currency") refers to any form of money, money-like asset, or asset that is managed, held, or exchanged largely on digital computer systems, particularly over the internet. Digital currencies come in a variety of forms, such as cryptocurrency, virtual currency, and central bank digital currency. Digital currency may be held on a distributed internet database, a centralised firm or bank-owned electronic computer database, within digital files, or even on a stored-value card.Digital currency is referred to as "coins" or encrypted tokens. Blockchain technology can be used to store those on a distributed, decentralised online ledger. Private, uncontrolled cryptocurrencies like Bitcoin are a well-known type of digital currency.Learn more about Digital currency refer to :
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which of the following late-twentieth-century developments most directly helped resolve the dilemma (expressed in source 1) between producing enough food and producing cash crops to grow the economy?
By green revolution in late-twentieth-century developments most directly helped resolve the dilemma between producing enough food and producing cash crops to grow the economy.
The Green Revolution happened when?Approximately 160% more grains were produced globally between 1950 and 1984 thanks to the Green Revolution, which revolutionized agriculture all over the world. Many people attribute the reduction of widespread starvation and the feeding of billions of people to the production increases sparked by the Green Revolution.
Green Revolution: What is it?The 1940s to 1960s saw a rise in food production and the prevention of widespread starvation in developing nations because to the introduction of high-yielding plant varieties, particularly of wheat and rice.
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Which of the following marketing metrics is used to calculate customer equity and customer lifetime value?
a) Cluster analysis
b) Acquisition cost
c) Break-even analysis
d) Stockturn rate
e) Return on investment
Acquisition cost is used to calculate customer equity and customer lifetime value.
What is acquisition cost?
All expenses required to obtain an asset and make it ready for its intended usage are referred to as acquisition costs. Prior to the start of the project or program for which the asset will be employed, acquisition costs are incurred. The phrase is used synonymously with "procurement charges." An asset's acquisition cost is the sum spent to acquire it. This covers the purchase price, any additional expenses necessary to consummate the acquisition, and any associated costs to prepare the asset for its intended use.
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question 8 as a project manager impacting an organization, you want to effectively manage the project. which of the following would a project manager do to effectively manage the project? select all that apply.
A project manager do to effectively manage the project by Encourage communication that is effective and straightforward. For your project, establish specific targets. Monitor progress with the appropriate tools. Engage in flexible teamwork with complementary skills.
What precisely does a project manager do?Project managers, in the broadest sense, are in charge of organising, planning, and overseeing the execution of a project while making sure that it produces the anticipated outcomes on time, within budget, and within scope.
Project management is the process of organising a team's efforts to complete all project objectives within the established parameters. Typically, this information is detailed in the project documentation that is prepared at the start of the development process. Scope, time, and budget are the main limitations.
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try to solve this problem without a calculator to help fine tune your financial skills. assume you have an visa card which pays a 2% cash rebate on all purchases, and a mastercard which pays a 1% cash rebate on all purchases. gas stations a and b both show a price of $4.00 per gallon, but station a does not accept visa cards while station b does. how much more expensive is the gas at station a assuming you use your mastercard card instead of the visa card
$20 more expensive is gas at station assuming you use your Mastercard card instead of visa card.
What is Mastercard?Mastercard has the second-largest worldwide payments network, behind Visa. Discover and American Express are two more crucial payment systems. The firm partners with financial institutions from all around the world to provide network payment cards using the Mastercard logo. Payment transactions, which typically involve the Mastercard account holder, a merchant, and their respective financial institutions, are handled by Mastercard using its own worldwide payments network, also referred to as its core network. As a financial services provider, Mastercard largely makes money via gross dollar volume fees. Mastercard cards with an open loop are those that are issued by member banks and bear the Mastercard logo. As a result, the card is used anywhere that the Mastercard emblem is recognised.
Cost= $4*5= $20
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use the following information to answer this question: windswept, incorporated 2021 income statement ($ in millions) net sales $ 10,650 cost of goods sold 7,900 depreciation 415 earnings before interest and taxes $ 2,335 interest paid 98 taxable income $ 2,237 taxes 470 net income $ 1,767 windswept, incorporated 2020 and 2021 balance sheets ($ in millions) 2020 2021 2020 2021 cash $ 270 $ 300 accounts payable $ 1,750 $ 1,797 accounts received 1,090 990 long-term debt 1,060 1,343 inventory 1,970 1,730 common stock 3,340 3,020 total $ 3,330 $ 3,020 retained earnings 640 890 net fixed assets 3,460 4,030 total assets $ 6,790 $ 7,050 total liabilitiesWhat is the equity multiplier for 2017? What is the equity multiplier for 2017?Multiple Choice 2.40 times 36 times 184 times 2.82 times 3.68 times
37.80 days Receivables turnover = $10,650 million / $1,090 million = 9.6569 Days' sales in receivables = 365 days / 9.7706= 37.35 days.
What is receivable turnover?An accounting metric that demonstrates how successfully a company collects receivables from its clients is the accounts receivable turnover ratio. The ratio tracks how frequently receivables are turned into cash over a specified period of time. A high ratio may indicate that a business's debt collection methods are successful and that its clients are reliable and timely payers.
Ineffective credit policies, collection procedures, or unreliable or uncreditworthy customers might all contribute to a low ratio.
Investors should be aware that certain companies calculate their ratios using total sales as opposed to net sales, which might result in overstated results.
Businesses give their customers accounts receivable, which are effectively short-term, interest-free loans.
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In the context of trading partner agreements, which of the following statements is true of electronic business Extensible Markup Language (ebXML)?
It makes searches more efficient.
It makes data transfer more difficult.
It increases delays during peak usage hours.
It maximizes traffic on the Internet.
The correct option is A. The electronic business Extensible Markup Language (ebXML) is It makes searches more efficient.
Extensibility is a software engineering and systems design precept that provides for destiny increase. Extensibility is the degree of the capability to increase a device and the level of effort required to enforce the extension. Extensions may be via the addition of recent functionality or through modification of current capability. The precept affords improvements without impairing present system features.
An extensible machine is one whose internal structure and dataflow are minimally or no longer suffering from new or changed capability, for instance, recompiling or converting the authentic source code is probably unnecessary while converting a machine’s behavior, both by means of the writer or other programmers.
Due to the fact software systems are long-lived and will be modified for brand-spanking new capabilities and delivered functionalities demanded with the aid of users, extensibility allows builders to amplify or add to the software program’s competencies and allows systematic reuse. some of its methods consist of facilities for permitting customers’ personal software routines to be inserted and the ability to define new information types in addition to outlining new formatting markup tags.
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the following trial balance of crane company does not balance. your review of the ledger reveals the following
For the fiscal year that ended on April 30, 2020, the trial balance is accurate
Why is a trial balance created?
A double entry accounting system's mathematical flaws can be found by creating a trial balance for a business. The trial balance is deemed to be balanced and there shouldn't be any arithmetic errors in the ledgers if the total debits and total credits are equal. A trial balance is used to check the accuracy of all entries put into the general ledger of an organisation. Each general ledger account's ending balance is shown on a trial balance. Each accounting entry must have debits and credits that total the same amount.
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Explain how apples customers quality feedback programs help the firm hear the voice of the customer
Apple has created a program called Customer Quality Feedback (CQF) that allows Apple engineers to communicate with potential end users. Participants will be given early prototypes of Apple products and asked for feedback and suggestions.
Why are customers attracted to Apple?One of the main reasons people love Apple products is that they can actually improve over time. Every year, Apple releases a new version of iOS, granting iPhone users free access to new features and updates. Apple is also great about providing long-term support for iPhones.
Apple has a consumer rating of 3.41 stars from 1,896 reviews, indicating that the majority of customers are generally satisfied with their purchases. Customers who are happy with Apple frequently mention great products, the best phone, and Steve Jobs. Apple is ranked 14th among Electronics websites.
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which of the following are sound business reasons u.s. and foreign companies expand internationally? check all that apply.
The goal to lower the production costs for the business. the ambition to attract potential clients and reach new markets. these are the best choices.
Western European and Asian businesses typically have closed institutional arrangements, which means that a larger percentage of company assets are held inside the portfolios of family, banks, and other major businesses.
Value is the current value of the projected future revenues produced by either an asset or business, depreciated at such a rate consistent with the adequacy of the retained earnings.
An industrial group comprises a group of companies with the goal of providing coordinated manufacturing and distribution of the group's goods. These companies are typically led by a bank.
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Sandy expresses how she's feeling overwhelmed with prioritizing their other goals. Between saving for retirement and their daughter's education, Sandy and Mark want a strategy to save for other goals too, like buying a new home.This conversation encompasses which piece of financial planning?
Financial planning includes looking at a client's whole financial photo and advising them on how to obtain their short- and long-term monetary goals.
What are the four predominant 4 sorts of monetary planning?The four principal sorts of monetary planning are cash waft planning, tax planning, funding planning, and retirement planning.
A economic graph can assist you create an funding portfolio. Your monetary plan can give you the full lay of the land: You'll know what your dreams are, how a great deal time you have to reach them, and how comfortable you are with risk. Once you have a complete view, you can figure out how to reach every person goal.
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https://brainly.com/question/30426997#SPJ4a purely competitive firm finds that the market price for its product is $25. it has a fixed cost of $100 and a variable cost of $15 per unit for the first 50 units and then $30 per unit for all successive units. instructions: enter your answers rounded to two decimal places. a. does price equal or exceed average variable cost for the first 50 units? (click to select) what is the average variable cost for the first 50 units? $ per unit b. does price equal or exceed average variable cost for the first 100 units? (click to select) what is the average variable cost for the first 100 units? $ per unit c. what is the marginal cost per unit for the first 50 units? $ per unit the marginal cost for units 51 and higher? $ per unit d. for each of the first 50 units, does mr exceed mc? (click to select) is mr > mc for units 51 and higher? (click to select) e. what output level will yield the largest possible profit for this purely competitive firm? unitsev: 10 23 2017 qc cs-105680
On a purely competitive firm:
The first 50 units of output's price level exceeds its average variable cost by $10.For the first 100 units of output, the price exceeds the average variable cost by $2.50 The marginal cost for the first 50 units of output is $15, and for the 51th or higher units is $30For the first 50 units of output, the MR is higher than MC, but for the other 50 units, MR is less than MC.The largest possible profit will be yield by producing 50 units of output.From the case, we know that a purely competitive firm has:
VC for the first 50 units = $15
VC for >50 units = $30
Fixed costs = $100
Price = $25 per units
The first 50 units of product has an average variable cost of:
AVC = VC / Q
AVC = ($15 x 50) / 50
AVC = $15
Price - AVC = $25 - $15
Price - AVC = $10 --> exceeds AVC
For 100 units of product:
AVC = VC / Q
AVC = ($15 x 50) + ($30 x 50)
100
AVC = $750 + $1,500
100
AVC = $22.5
Price - AVC = $25 - $22.5
Price - AVC = $2.50 --> exceed AVC
Marginal cost = AVC
Marginal cost ≤50 units = $15
Marginal cost >50 units = $30
Since the company runs on a competitive market, then MR = P
For ≤50 units:
MR = $25
MC = $15
Then: MR > MC
For >50 units:
MR = $25
MC = $30
Then: MR < MC
The profit will be maximum as long as MR > MC or P > MC. So the firm must retain its production on 50 units of output.
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paying administrative salaries with cash affects which of the following financial statements? (select all that apply.) multiple select question. income statement total stockholders' equity on the balance sheet total liabilities on the balance sheet total assets on the balance sheet
Paying administrative wages in cash has an influence on the following financial statements Administrative salaries will be documented as a cost on the income statement,
which summarizes a company's revenues and costs for a specific time period. Balance sheet: Administrative wages have an impact on both total liabilities and total assets. Paying administrative wages in cash has an influence on the following financial statements Administrative salaries will be documented as a cost on the income statement, The cash required to pay the wage diminishes the company's cash balance, which is indicated as an asset on the balance sheet. The payment will increase the responsibility for administrative personnel salaries. Balance-sheet total stockholders' equity: Administrative wages will have an impact on total stockholders' equity.
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net force blank . multiple select question. is the overall effect of all the forces acting on an object is the sum of all the forces acting on an object except gravity is always larger than the individual forces acting on an object can be larger or smaller than each individual force, depending on the directions they are acting in
Option first is correct. Keep in mind that the net force is the sum of all the forces, and that a force is a object, and that two forces of equal magnitude and opposite direction cancel each other out.
The net force on an object is the combined effect (sum) of all compressive and tensile forces actually acting on the object. If the forces pushing or pulling an object are unbalanced (there is a net force acting), the object accelerates in the direction of the net force.
A net force can accelerate a mass. Another force acts on a stationary or moving body. Net force is the term used in systems when there are a significant number of forces.
An object's acceleration is directly related to the net force acting on it and is inversely proportional to the object's mass. The greater the force acting on an object, the greater the acceleration of the object. As the mass of an object increases, the object's acceleration decreases.
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TRUE OR FALSE brand voice/persona should be developed after your social strategy has been implemented for 6 months to see what kind of voice/persona occurs naturally.
The given statement "after your social strategy has been in place for six months, you should create a brand voice/persona to see what kind of voice/persona naturally emerges" is FALSE.
What is social strategy?An outline of your company's content posting plans, the duties of your social media staff, and the social media platforms you'll utilize to advertise your brand constitute a social media strategy.
A social media strategy consists of social media objectives that support the broader digital marketing plan for your company.
Create an environment where you can take leads and guide them through the buying cycle, from awareness to consideration to the purchase phase, with the aid of a social media strategy.
This will enable you to stand out from the competition, build an audience of engaged and informed followers, and stand out from the crowd.
To see what kind of voice or persona naturally arises, we should develop a brand voice or persona at the earliest start of social stratification.
Therefore, the given statement "after your social strategy has been in place for six months, you should create a brand voice/persona to see what kind of voice/persona naturally emerges" is FALSE.
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fill in the blank. skylark corporation produces apparel for women. the firm experienced rapid growth when it first opened, but for the last couple of years, business growth has slowed, but revenues remain good. skylark is probably in the___phase of its life cycle.
Skylark Corporation is probably in the maturity stage of its life cycle. This is the period of a business's life cycle when it has experienced the rapid growth that comes with a launch and an initial increase in customers.
During the maturity phase, growth is usually slower and more steady, but still often steady. The level of income remains good, indicating that the business is still achieving success. Skylark will need to ensure that it continues to offer a quality product or service to its customers, as well as stay ahead of the competition and stay abreast of trends that may help increase sales or interest. The maturity stage is an important time for a business because it is the time when it can refine its operations and turn its vision into reality.
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The following graphs show the production possibilities frontiers (PPFs) for Freedonia and Desonia. Both countries produce grain and sugar, each initially (i.e., before specialization and trade) producing 24 million pounds of grain and 12 million pounds of sugar, as indicated by the grey stars marked with the letter A.Freedonia
Desonia
64
64
48
Q 40
a 40
32
S 32
︶24
PF
24, 12
24, 12
כ16
כ16
0 8 16 2432 40 4856 64
0 8 16 2432 40 48 56 64
GRAI
Freedonia has a comparative advantage in the production of
production of
comparative advantage. After specialization, the two
Suppose that Freedonia and Desonia agree to trade. Each country focuses its resources on producing only the good in which it has a comparative advantage. The countries decide to exchange 24 million pounds of grain for 24 million pounds of sugar. This ratio of goods is known as the price of trade between Freedonia and Desonia.
The following graph shows the same PPF for Freedonia as before, as well as its initial consumption at point A. Place a black point (plus symbol) on the graph to indicate Freedonia's consumption after trade.
Freedonia
64 T
56
Consumption After Trade
48PPF
40
S 32
24
16
8 16 24 32 40485664
GRAIN (Millions of pounds)As you did for Freedonia, place a black point (plus symbol) on the following graph to indicate Desonias consumption after tr
True or False: Without engaging in international trade, Freedonia and Desonia would have been able to consume at the after-trade consumption bundles.
It is true that Without engaging in international trade, Freedonia and Desonia would have been able to consume at the after-trade consumption bundles.
What is trade consumption?Consumption in the context of trade is the act or process of acquiring, exchanging, or using commodities for products and services. International commerce frequently results in price drops for consumer products, boosting the welfare of citizens in importing nations. Greater welfare improvements may result from lower consumption expenses than from changes in income. Trade consumption removes this restriction by allowing specialisation based on comparative advantage, allowing each person to consume more than they can produce. The voluntary exchange of commodities or services between economic players is referred to as trade. Since interactions are voluntary, trade is typically thought to be advantageous to both sides. Trading in finance is the buying and selling of securities or other assets.
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your aunt has promised to give you $5,000 when you graduate from college. you expect to graduate three years from now. if you speed up your plans to enable you to graduate two years from now, the present value of the promised gift will: multiple choice remain constant. increase. decrease. equal $5,000. be less than $5,000.
The promised gift's present worth won't change if you move up your graduation date by two years by accelerating your preparations.
Which of the following will boost the lump sum future amount's present value?Which of the following will make a lump sum future amount more valuable today? Assume that all interest is reinvested and the interest rate is positive. A lump sum future payment's present value rises as the interest rate falls.
Which will reduce the lump sum future value's present value today?The present value of a future lump sum drops as the discount rate used decreases, assuming all other factors remain constant. Present value and discount rate have inverse connections.
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which of the following are typical perceptions that readers have of a business message that includes exaggeration? (choose every correct answer.)
When a business message includes exaggeration, readers may have the following typical perceptions.
Skepticism: Exaggeration can make readers suspicious of the credibility of the message and the intentions of the sender.Distrust: Exaggeration can lead to distrust of the sender, especially if the message is found to be false or misleading.Confusion: Exaggeration can create confusion for the reader, making it difficult to differentiate between fact and fiction.Loss of credibility: Overuse of exaggeration can lead to a loss of credibility for the sender and the message.Resistance: Exaggeration can cause resistance from readers who feel that the message is not truthful or relevant to them.In conclusion, exaggeration in business messages should be used with caution, as it can lead to negative perceptions from the reader and harm the credibility of the message and the sender. It is important for business messages to be accurate, relevant, and truthful in order to effectively communicate with the target audience.
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Vigeland Company completed the following transactions during Year 1. Vigeland’s fiscal year ends on December 31.
Jan. 15 Purchased and paid for merchandise. The invoice amount was $14,800; assume a perpetual inventory system.
Apr. 1 Borrowed $780,000 from Summit Bank for general use; signed a 10-month, 9% annual interest-bearing note for the money.
June 14 Received a $18,000 customer deposit for services to be performed in the future.
July 15 Performed $4,550 of the services paid for on June 14.
Dec. 12 Received electric bill for $26,760. Vigeland plans to pay the bill in early January.
31 Determined wages of $28,000 were earned but not yet paid on December 31 (disregard payroll taxes)
1) Prepare journal entries for each of these transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.).
2) Prepare the adjusting entries required on December 31. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
The journal entries for each of these transactions are given in the images.
The cost of borrowing money is called interest, and it is typically stated as an annual percentage rate (APR). The compensation a lender or financial organisation receives for giving out money is called interest.
An interest rate informs you of how expensive borrowing is or how generously rewarding saving is. The amount you pay for borrowing money, expressed as a percentage of the entire loan amount, is known as the interest rate if you're a borrower.
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aside from what frowne describes, which of the following was the most significant reason workers during the gilded age resisted joining unions?
Option B is correct- Workers feared retaliation, such as termination, for joining unions.
Retaliation is a type of discrimination that occurs when an employee receives negative treatment from an employer as a result of exercising a right granted to them under the California Labor Code or federal law. Section 98.6 of the California Labor Code prohibits all employers from retaliating against employees.
A termination or refusal to hire, a demotion, a pay cut, or a reduction in the number of hours worked are all examples of retaliation. The reason will be obvious, such as a reprimand, a warning, or a reduction in your evaluation scores.
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Complete Question-
Aside from what Frowne describes, which of the following was the MOST significant reason workers during the Gilded Age resisted joining unions?
a) Workers wanted to avoid having wages lost for union dues
b) Workers feared reprisals, such as firings, for joining unions
c) Workers feared being labeled Communist subversives
d) Workers valued their employers and wanted to ensure that company profits were maximized
sam waters just received $10,000 from his grandmother's estate. he has thought about buying himself a new harley with the money but has decided instead to add the money to his mutual fund account. which suggestion for obtaining the money he needs for investing is he following?
The correct answer is option E. Taking advantage of gifts, inheritance and other windfalls.
Sam Waters has decided to make the most of his $10,000 inheritance from his grandmother's estate by investing it in a mutual fund. This is a great way to take advantage of gifts, inheritance, and other windfalls.
By investing the money instead of spending it right away, Sam is taking a long-term approach to his savings, showing financial responsibility, and taking advantage of the potential for the money to grow and increase in value over time.
Additionally, Sam is also taking advantage of the tax benefits associated with investing in a mutual fund, as the money is not taxed until it is withdrawn. By investing the money in a mutual fund, Sam is not only increasing his savings but also saving money on taxes in the long run.
Complete Question:
Sam Waters just received $10,000 from his grandmother's estate. He has thought
about buying himself a new Harley with the money but has decided instead to add the money
to his mutual fund account. Which suggestion for obtaining the money he needs for investing
is he following?
A. Paying himself first
B. Taking advantage of employer-sponsored retirement programs
C. Participating in an elective savings program
D. Making a special effort once or twice a year to save
E. Taking advantage of gifts, inheritance and other windfalls
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