Answer:
1 + 1 = 3 thats the correct answer of your question
Most payments in the United States for goods and services are made using Group of answer choices traveler's checks. checking account deposits. currency. gold.
Answer:
checking account deposits.
Explanation:
In economics or financial accounting, money can be defined as any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.
Simply stated, money refers to any asset which can be used to purchase goods and services by customers.
This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.
Additionally, the rate at which an asset can be used to purchase any goods or services refers to its liquidity. Thus, liquidity is a quality or characteristics of money as a medium of exchange. Therefore, money is a generally accepted medium of exchange around the world.
The three (3) main functions of money all over the world are;
I. Medium of exchange.
II. Unit of account.
III. Store of value.
However, most payments in the United States for goods and services are made using checking account deposits.
ABC Restaurant specializes in rice noodles and has driven up their economic profit, causing competitors to enter the restaurant market. Illustrate what will happen to the demand for ABC Restaurant's products and services, assuming that it is operating in a monopolistically competitive market.
Answer: See explanation
Explanation:
Monopolistic competition is regarded to as a market structure where the products that are sold in the market are closely differentiated and also there is a free entry and exit as new firms can enter the market.
It should be noted that in the short run, the firm will make economic profits and this will increase but in the long run when more firms enter the market, this will bring about more competitors and this will bring about a rose in the supply of rice noodles.
Since there's an increase in the supply of rice noodles, the price of the product will reduce and this will eventually result in ABC Restaurant earning a normal profit just like every other form in the market.
Accounting reports only facts that can be expressed in
Ways to respond to discussion post?
Answer: Varies
Explanation: Depends on what's being asked.
At Wiki Co., all supply purchases were recorded as Supplies Expenses upon purchase. The balance sheet on 12/31/2017 reports a balance for Supplies in the amount of $800. During the year the firm purchased $2,000 supplies. On 12/31/2018, actual supplies on hand amounted to $1,250. Provide the adjusting entry on 12/31/2018. For account names, please use the following account names exactly as it is spelled (you can use copy/paste): Supplies Expenses; Supplies; Cash; Supplies Payable; Other. For amounts, please do not use $ or . (decimal points) or , (1000 separator); just put down the number.
Maury and Bev have saved all their lives and they have been able to pay off their mortgage on their home. Bev is getting elderly and frail and Maury needs to put her into a nursing home where they can give her round-the-clock care. Maury intends to finance this arrangement by getting a loan where the lender makes payments to the homeowner each month, based on accumulated equity. What type of loan does Maury want to get?
Answer:
Reverse Mortgage Loan
Explanation:
Banks allow older people above the age of 62 to use their home's value to obtain a reverse mortgage loan. The bank values the home and extends credit facilities to its elderly owners. The loan amount is usually a part of the home's value and is paid as a lump sum or fixed monthly payments.
Maury wants to apply for a reverse mortgage loan. He will use the value of their home to obtain a credit facility to care for Bev. Maury does not need to repay the loan. The bank will recover its money by selling the house once the couple dies or relocates.
Jonathan has a universal life insurance policy with a face value of $500,000. The current cash value of the policy is $11,260. Jonathan wants
to stop paying premiums for a few months while he changes jobs. The premium is $134 per month.
The cash value of the policy be, without adding any interest, if he doesn’t pay the premiums for a year is $9,652
What is insurance policy?An insurance policy is a contract between one and insurance company which spelt out details of the agreement.
Jonathan has a policy with a face value of $500,000
The current cash value of the policy is $11, 260
The premium is $134 per month. He wants to stop paying premium for few months while he changes job.
Thus, the annual premium is,
= $134 * 12
= $1,608
Now if Jonathan does not pay the premiums for a year, then the cash value of the policy without adding interest is
= $11,260 - $1,608
= $9,652
Hence, the cash value of the policy be, without adding any interest, if he doesn’t pay the premiums for a year is $9,652
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A company is planning to expand its production from its current price (1050 PKR/unit) and getting a total revenue of 37800/PKR at a fixed cost of 1000/- PKR and variable cost of 1050/- PKR. If currently the company is producing 36 units, how many further units can the company make while staying in profit if the appreciation in variable cost (2.13) and depression in price (2.13) per unit from the previous unit
The company can only produce up to 18 units while staying in profit considering the appreciation in variable cost and the depression in price.
The company is planning to expand its production and get a total revenue of 37800/PKR at a fixed cost of 1000/- PKR and a variable cost of 1050/- PKR.
Currently, the company is producing 36 units, and the current price per unit is 1050 PKR/unit.
The total revenue for the current production will be 36 units × 1050 PKR/unit = 37800 PKR.
Since the total revenue is equal to the sum of fixed cost and variable cost, it implies that;
Total Revenue = Fixed Cost + Variable Cost
Multiplying both sides by the number of units gives;
Total Revenue × Number of Units = Fixed Cost × Number of Units + Variable Cost × Number of Units
Rearranging gives;
Variable Cost × Number of Units = Total Revenue × Number of Units
Fixed Cost × Number of Units
Substituting with values from the problem statement, we have;
Variable Cost × Number of Units = 37800 × Number of Units - 1000 × Number of Units
Variable Cost × Number of Units = (37800 - 1000) × Number of Units Variable Cost × Number of Units = 36800 × Number of Units
But the variable cost is given as 1050 PKR/unit.
Therefore, we can write;
1050 × Number of Units = 36800 × Number of Units
1050 = 36800
Since the price of production has depreciated by 2.13, the current price per unit is equal to;
1050/2.13 = 493 PKR/unit
For the company to make a profit, the total revenue must be greater than the total cost.
Therefore; Total Revenue > Fixed Cost + Variable Cost
Multiplying both sides by the number of units gives;
Total Revenue × Number of Units > Fixed Cost × Number of Units + Variable Cost × Number of Units
Substituting with values from the problem statement, we have;
37800 × Number of Units > 1000 × Number of Units + 1050 × Number of Units37800 > 2050 × Number
Units Solving for the number of units;
Number of Units < 37800/2050Number of Units < 18.44 units
Therefore, the company can only produce up to 18 units while staying in profit considering the appreciation in variable cost and the depression in price.
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You're a web developer for an online furniture retailer, and you've been having a debate with your boss, the marketing director. She's rejecting your proposal to invite customers' product ratings and reviews on the website because she's concerned that negative comments might discourage sales. You argue that customer feedback would enhance the ________ aspect of your customers' shopping experience.
Answer:
it will enhance the business aspect
which skill ensures that you fallow fair/legal practices in your work and while dealing with people in an organization
A. analytical
B. leadership
C. communication
D. computer
E. corporate ethics
Answer:
e.
Explanation:
Answer:
E
Explanation:
trust me bro
On June 30, Joanna Fabrics has the following data pertaining to the retail inventory method. Goods available for sale: at cost $38,000; at retail $50,000; net sales $40,000; and ending inventory at retail $10,000. Compute the estimated cost of the ending inventory using the retail inventory method. The estimated cost of the ending inventory
Answer: 7600
Explanation:
The estimated cost of the ending inventory would be calculated as thus'
First, we have to calculate the cost to retail percentage which will be:
= cost/retail price
= 38000/50000
= 0.76
The cost of sales would be:
= net sales × cost to retail percentage
= 40000 × 0.76
= 30400
Then, the ending inventory would then be:
= 38000-30400
= 7600
The estimated cost of the ending inventory is $7,600.
First step
Cost to retail percentage= Cost/Retail price
Cost to retail percentage = 38000/50000
Cost to retail percentage = 0.76
Second step
Cost of sales= Net sales × Cost to retail percentage
Cost of sales= 40000 × 0.76
Cost of sales= 30400
Third step
Estimated cost of ending inventory=38,000-30,400
Estimated cost of ending inventory= 7,600
Inconclusion the estimated cost of the ending inventory is $7,600.
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Who manages transnet
Acme Company is considering investing in a new machine that costs $126,594 and that has a useful life of 12 years with no salvage value. The machine will generate $19,500 annually in net cash inflows. The internal rate of return on the investment is: (Round your intermediate calculations to 3-decimals and your internal rate of return calculations to the nearest whole percent.)
Answer: 11%
Explanation:
The internal rate of return is the rate that will equate the cash inflows with the cost of investment.
It is therefore the discount rate used to find the present value of an annuity because the inflows are stable and are therefore annuities.
Present value of annuity = Annuity * Present value factor of annuity, 12 years, %?
126,594 = 19,500 * Present value of annuity factor
Present value of annuity factor = 126,594 / 19,500
= 6.492
Go to a present value of annuity factor table and find the interest rate that intersects with 12 years to give a factor of 6.492:
Rate is 11%
Gloria attended a job interview. The purpose of the interview was to assess how well she performs in a discussion with six other candidates. Which type of interview did Gloria attend?
Gloria attended a [blank] interview.
Answer:
she attended a job interview.
Explanation:
Answer:
Group
Explanation:
Multiple
Three recent college graduates have formed a partnership and have opened an advertising firm. Their first project consists of activities listed in the following table
Activity | Immediate Predecessor | Optimistic | Most Likely Pessimistic
A — 5 6 7
B — 8 8 11
C A 6 8 11
D — 9 12 15
E C 5 6 9
F D 5 6 7
G F 2 3 7
H B 4 4 5
I H 5 7 8
End E, G, I
b. Suppose it is now the end of the seventh day and that activities A and B have been completed while activity D is 50 percent completed. Time estimates for the completion of activity D are 5, 6, and 7. Activities C and H are ready to begin. Determine the probability of finishing the project by day 24 and the probability of finishing by day 21. (Round your intermediate calculations to 3 decimal places and final answers to 4 decimal places.)
The precedence diagram for the problem above is attached. See the definition of a precedence diagram and the probability calculations below.
What is a precedence Diagram?A precedence diagram is an optical or graphical representation tool that displays a project's activities.
What is the probability of finishing the project by the 24th day or less?
Recall that:
z = (Specified Time - Path's mean)/Path's Standard Deviation.
Hence for z₂₁
(21 − 20.5)/1.118 = 0.447 ≈ 0.45.
Hence the probability is: P(Z<0.45) =0.6736
(21 − 21.5)/1.344 = −0.3721 ≈ −0.37
Hence the probability is: P(Z<-.37) = 0.3557
(21 − 19.5)/.726 = 2.066 ≈ 2.07
Hence the probability is: P(Z<2.07) = 0.9808
Following through on the above, the project will be finished in less than 21 days is given as:
P = 0.23499920921
P ≈ 0.2350
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What is the degree of alignment between what Netflix is currently
doing (actions) and their mission, vision, values, structure, and culture.
PLEASE HELPP
Which descriptions offer examples of Professional Support Services workers? Check all that apply.
Milo tutors students outside of normal school hours to help them prepare for exams.
Missy assists a high school science teacher and provides additional instruction.
Gus works in a library and responds to requests from people who need help using services.
Lauren teaches students about business and computing.
Kami advises students to help them make decisions about their education and careers.
Donny creates instructional workbooks and other materials for teachers and students.
Answer:
Gus works in a library and responds to requests from people who need help using services.
Kami advises students to help them make decisions about their education and careers.
Donny creates instructional workbooks and other materials for teachers and students.
The descriptions that offer examples of Professional Support Services workers are options C, E, and F.
This is because Professional Support Service workers are always involved in activities or professions that help people's education, careers, and training operations.
It usually pertains to helping people decide on health goals, academic achievement, career pursuit, etc.
Thus, when Gus works in a library and responds to requests from people who need help using services. This implies professional services in the education line.
Kami advises students to help them make decisions about their education and careers. This implies professional services in the career line.
Donny creates instructional workbooks and other materials for teachers and students. This implies professional services in the education line.
Hence, in this case, it is concluded that the correct answer is option C, E, and F.
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One advantage of a long-term loan compared to a short-term loan is that a long-term loan: A. can be paid off in full without the borrower paying any interest. B. does not require the borrower to have a good credit score. C. does not force the borrower to make payments every month. D. allows a person to borrow more money at a lower interest rate.
Answer:D. allows a person to borrow more money at a lower interest rate.
Explanation:
For which reasons could you face a penalty annual percentage rate (APR)?
Select all the correct answers.
balance transfer
exceeding credit limit
late payment
low credit score
paying entire balance in full
returned payment
The reasons one could face a penalty annual percentage rate (APR) include;
balance transferexceeding credit limitlate paymentAnnual Percentage Rate (APR)Annual percentage rate (APR) refers to the yearly interest generated by a sum that's charged to borrowers or paid to investors. APR as the name implies is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan or income earned on an investment.
On this note, it follows that Annual percentage rate can be charged on the occurrence of any of the aforementioned situations.
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Bob Martino has a home mortgage on a vacation home with ABC Co., a local credit union. Which condition would allow him to work on the firm's audit of ABC?
1) No condition would allow him to work on the audit.
2) He will charge less than 20 hours to the credit union's audit.
3) His loan is not material to his net worth.
4) He is not the lead engagement partner or manager on the account.
Based on the information, the condition that would allow him to work on the firm's audit of ABC is His loan is not material to his net worth. Thus the correct option is D.
Bob Martino would need permission from ABC management in order to participate in the corporate audit of ABC Co., a financial institution.
Bob Martino would need permission to refrain from using any private information gained from the credit union audit for his or her own benefit in order to qualify for the exemption.
The auditing company would need to determine whether his loan is material to his net worth in order to make sure he is not swayed by his own financial interests.
Therefore, option D is appropriate.
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briefly explain how the decision support system resolved the problems experienced by the railways
The decision support system improved the efficiency of the railroads, paying special attention to the punctuality and speed of transportation on both passenger and commercial routes. The Indian Railways encounter a number of difficulties, including the failure to ensure train punctuality.
Ticketless transit by passengers, damage to or theft of railroad property, and others. The railways suffer a considerable loss in income as a result. By December 2023, 100% electrification of the broad gauge is the goal. In 2020–21, the speed of freight trains doubled to 46 kmph from 23 kmph in previous years. In January 2019, all unmanned level crossings on the broad gauge were removed.
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Mary, a college student, needs to borrow $8,000 today for her tuition. She agrees to pay back the loan in a lump-sum payment upon graduating, 4 years from today. The lender agrees to lending at a fixed 3.85% interest rate during the loan period. What is the total cost of Mary's student loan?
Answer:
$ 9,304.99
Explanation:
The applicable formula is
A = P x (1 + r)^n
where A is the amount after 4 years
P is principal amount $8000
r is interest rate = 3.85% or 0.0385
n = number of periods: 4
A = $8000 x ( 1 + 0.0385) ^4
A = $8000 x (1.0385)^4
A = $8000 x 1.163123
A =$9,304.99
Question 18
Equipment Company holds a lien on Fertile Farm's equipment. The
equipment can be sold to satisfy the debt
Answer:
if, before the sale, notice is given to Fertile Farm.
Explanation:
hope this helps you have a nice day :)
One reason why firms might want to pursue a strategic alliance strategy is to exploit
economies of scale. Exploiting economies of scale should reduce firm’s costs. Does this
mean that a firm pursuing an alliance strategy to exploit economies of scale is actually
pursuing a cost leadership strategy? Why or why not? Support your answer
So, a strategic alliance may benefit the combined group in two ways: one, it will enable them to target larger clients without facing significant rivalry
Economies of scale, which are commonly assessed by the quantity of product provided per unit of time, seem to be the cost savings that businesses gain as a result of the significant scale of the economy.
In order to lower manufacturing costs, economies of scale is the method of producing any good at a very high volume. Strategic alliances allow two businesses to more effectively merge their operations.
It will enable them to lower costs through economies of scale. Additional benefits of economies of scale include lower prices for goods or cost focus in the marketplace.
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Which of the following will change depending on your geographical region?
•income
•cost of living
•lifestyle
•personal expectations
The lifestyle will change.
The required details about the geographical region is mentioned in below paragraph.
A location is a place of land that has not unusualplace features. A location may be described through herbal or synthetic features. Language, government, or faith can outline a location, as can forests, wildlife, weather and lifestyle . Regions, huge or small, are the fundamental gadgets of geography.Regions are territories which can be unique and recognizable in physical, geographical, ancient and socioeconomic terms, in order that residents are diagnosed with them. The location is a hyperlink among neighborhood groups and the state. The nearby stage of presidency brings collectively jobs on the neighborhood and countrywide stage.Geography affects the whole lot from our food, health, safety, weather to our social and financial systems. Geography won't appear to be a large deal while you stay in a city, however if you have to transport throughout the country, it is like choosing up your entire lifestyles and transferring it with you.
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Answer:
Cost of Living
Explanation:
Just took the quiz and was correct
PLEASE HELP ILL GIVE BRAINLIEST ANSWER
James works as a distribution manager at a very large port. He oversees the storage of shipping containers that have been offloaded from large carriers and directs which trucking company will take the containers further along their path to the consumer. The pathway in the Transportation and Logistics cluster that James’s job falls into is _____.
Facility & Mobile Equipment Maintenance
Logistics, Planning and Management Services
Transportation and Operations
Warehousing & Distribution Center Operations
What statement is true of SMART goals?
It only applies to short-term goals.
It refers to goals that you select as top priority.
They align your goals to the direction in which you want to go.
It only applies to long-term goals.
They align your goals to the direction in which you want to go.
Anthony and Michelle Constantino just got married and received $39000 in cash gifts for their wedding. How much will they have on their twenty-fifth anniversary if they place half of this money in a fixed-rate investment earning 6 percent compounded annually? Would the future value be larger or smaller if the compounding period was 6 months? How much more or less would they have earned with this shorter compounding period?
If they place half of this money, PV, in a fixed-rate investment earning 6 percent compounded annually, the amount they will have, FV, on their twenty-fifth anniversary is $____ . (Round to the nearest cent.)
Answer:
83,691.48
Explanation:
39000/2 = 19,500
19,500 x 1.06 (6%) 25 times
Which of the following companies is most likely to use process costing?
Answer:greenwich company
Explanation:
Teamwork Skills
And what you can learn from it
In in skill In
life