If the price of a good rises and as a result total revenue falls, then it must be true that Select one: a. price elasticity of demand for the good is greater than 1 b. price elasticity of demand for the good is less than 1. c. income elasticity of demand for the good is positive. d. income elasticity of demand for the good is negative. elasticity of demand for the good is negative. е. сross elasticity of demand for the good is negative

Answer:

Amount of the loan origination fee = $7,500

Explanation:

Given:

Purchase cost of house = $500,000

Down payment cost = $50,000

Lender charges point = 1.5 points[%]

Find:

Amount of the loan origination fee

Computation:

Amount of the loan origination fee = Purchase cost of house x Lender charges point

Amount of the loan origination fee = 500,000 x 1.5%

Amount of the loan origination fee = $7,500

Answer: All of the above

Explanation: During an interview, it is important to take into account a series of elements such as: having a pleasant tone of voice, a positive vocabulary, and a good command of grammar. The characteristics mentioned above allow communication to take place in an adequate way, allowing the interviewee to understand what is being asked of him and respond appropriately.

Answer:

all of the above

Explanation:

Answer:

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Explanation:

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The surveys by an accounting firms and researchers indicate that, despite its limitations, the managers generally prefer to use full-cost-based transfer prices because:

The cost-based transfer pricing refers to the method of setting prices when selling products to divisions within the same company. The several factors affect the transfer price includes the production costs, managers' reviews, taxation and competitor price.

A cost-based transfer pricing, is also used to reduce tax payments. For instance, if a firm owns and operates a factory in a country with a low tax rate but sells its products in a country with a higher tax rate, it will pays a fewer taxes by setting a high transfer price.

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If you invest for a single period at an interest rate of r, your money will grow to (1 + r) per dollar invested.

The formula for calculating future value of an investment is:

FV = P (1 + r)^n

Where:

For example, if you invest $100 in an account that earns 10% per annum. The future value is:

$100 X ( 1 + 0.1)

$100(1.1) = $110.

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Having a tour leader sell you items such as maple syrup, jackets and other items related to Canada when visiting the country. This benefits the Canadian economy in three ways.

Paying for the tour to the tour leader make the tour provider profitable.

Paying local companies for souvenirs as listed above.

Paying transit and housing prices to have a place to stay when visiting the country and having transit to get to places

Answer:

Financial Accountant

Explanation:

In Mortenson Company's multiple-step income statement, gross profit should be reported at $70,000.

To calculate the gross profit, we subtract the cost of goods sold (COGS) from the sales revenue. In this case, the COGS is given as $130,000 and the sales revenue is $200,000. Therefore, the gross profit is $200,000 - $130,000 = $70,000.

Gross profit represents the amount of revenue remaining after deducting the direct costs associated with producing or delivering the goods sold. It reflects the profitability of the company's core operations before considering other operating expenses and income tax.

By reporting a gross profit of $70,000, Mortenson Company indicates that it has earned $70,000 in revenue above the direct costs of producing the goods sold. This figure is an important indicator of the company's ability to generate profits from its primary business activities.

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The role money plays in each of the following parts of the story is saving.

In the given case, it is explained that Antonio has been setting down $30 a week to purchase a used gaming console. He contrasts two various models in order to check the price difference.

A  tool for playing video games, generally on a television or monitor is referred to as a gaming sole. It's a type of home entertainment system made especially for use with video games.

The money role played is of saving that how he save the amount on both the models by comparing them and finding the cost effctive gaming sole which helps him to avoid unnecessary expenses.

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To calculate the net cash inflows or outflows from financing activities, we need to consider the cash received and paid related to financing activities. In this case, the cash received from financing activities includes the cash received from the sale of capital stock ($580 million) and the issuance of debt securities ($2,500 million). The cash paid for financing activities includes the reduction of debt principal ($1,600 million).

Net cash inflows (outflows) from financing activities can be calculated as the sum of cash received minus the sum of cash paid:

Net cash inflows (outflows) from financing activities = (Cash received from financing activities) - (Cash paid for financing activities)

= ($580 million + $2,500 million) - ($1,600 million)

= $3,080 million - $1,600 million

= $1,480 million

Therefore, Bad Brad's would report net cash inflows from financing activities in the amount of $1,480 million. None of the provided answer choices matches this amount.

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Answer:

C.) Insurance

Explanation:

Financial services include the services offered by banks, insurance companies, investment houses, real estate brokers, lenders, and finance companies. These services have a commercial aspect of either saving (pooling of resources), borrowing, or investing.

In this list, insurance is a financial service. Insurance is the purchase of protection or cover against risks. Insurance companies undertake to provide financial compensation in the event of loss arising from the risk insured against in exchange for premiums. Insurance companies pool resources together to compensate a member who has suffered a financial loss.

Answer: See explanation

Explanation:

a. Public sector simply means the sector of the economy that the government controls. Examples include the military, public education, law enforcement, etc

b. The secondary sector is the sector of the economy that is concerned with how raw materials would be processed to become finished goods. The industries in this sector include construction companies, car manufacturers, textile industries, etc.

c. The tertiary sector of the economy is the sector that is concerned with services. This sector is important because:

• it helps in the provision of basic services like health care delivery, education, etc.

• it also helps in the development of several sector in the economy such as communication, and transportation.

• it contributes a huge part to the gross domestic product of a country.

d. The reason why some ministers may want to privatize some business include

• when the resources are not being efficiently utilized and there's wastage of resources.

• to improve competition

• it also brings about increase in effectiveness and efficiency.

e. The public sector alwayw produces goods and services more efficiently than the private sector as the government always looks to tackle market failure. Apart from that, the government looks out for the welfare of the people in the society and it's main motive is not profit maximization like the private sector.

Answer:

Net income is the amount of money the business has earned after paying taxes

The amount and character of the taxpayer's gain on the sale of the stock  is $1,500, which is a long-term capital gain.

In June of Year 1, a taxpayer was gifted with 100 shares of stock. The market value of the shares on the gift date was $3,000, and the donor paid no gift tax on the shares. The donor bought the shares 20 years ago for $4,000. The taxpayer sold the stock in July of Year 1 for $4,500. The amount and character of the taxpayer's gain or loss upon the sale of the stock are discussed below:Gain or loss of the taxpayer.

The taxpayer has realized a $1,500 gain on the stock sale.Character of the gain or loss: Since the holding duration of the gifted stock was more than a year, the gain realized by the taxpayer will be long-term.Capital gain or loss: The taxpayer's gain will be classified as a long-term capital gain, which will be taxed at a lower rate than a short-term capital gain because the holding period was greater than one year.The amount and character of the taxpayer's gain on the sale of the stock is $1,500, which is a long-term capital gain.

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Driveline components (option A) are where I would measure angles.

The amount of rotation from point A to point B is described as an angle measurement. It is important to mention that the if the rotation is carried in a clockwise direction, then such an angle is called a positive angle. If the rotation is carried out in the anticlockwise direction. Then such an angle is called a negative angle.

Driveline components are described as the various components in a vehicle that allows the wheels to rotate by transferring power to the wheels from the transmission. Angles are measured in a driveline and the angle is kept within one degree with respect to the other components.

It can be concluded that driveline components (option A) are where I would measure angles.

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Answer:

The Lorax is a symbol of environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. This tells us that if we do not take steps to balance economic growth and environmental sustainability, it could lead to long-term negative consequences for the environment and future business decisions.

Explanation:

The Lorax is a children's book by Dr. Seuss that explores the environmental impact of economic growth and consumerism. In the story, the Once-ler begins cutting down Truffula trees to make a product called Thneeds, despite the warnings of the Lorax, who speaks for the trees and the animals that depend on them.

The Lorax represents environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. The Once-ler's actions are driven by his desire for profit, and he continues to cut down trees despite the negative impact it has on the environment. The Lorax, as a symbol of environmental awareness, is unable to stop the Once-ler from destroying the ecosystem, which ultimately leads to the disappearance of the Truffula trees and the animals that depend on them.

This lack of balance between economic growth and environmental sustainability is a lesson that has implications for future business decisions. If businesses prioritize profit over environmental sustainability, it could lead to long-term negative consequences for the environment, which could ultimately harm the economic viability of those businesses. It is important for businesses to consider the environmental impact of their decisions and take steps to balance economic growth and sustainability for the long-term health of the environment and economy.

The cost I would estimate with the provided data is $2040.

Using the existing approach to cost estimation, Wagner has estimated the cost for this job as

$2040 (= 150 + 750 + (76 × 15)).

To calculate the cost, we have to add the cost of labor, direct material, and the variable overhead cost per hour. The formula for the existing approach to cost estimation is:

Total cost = Direct labor cost + Direct material cost + Variable overhead cost per hour × Number of labor hours.

So, Total cost = 150 + 750 + (76 × 15)= 150 + 750 + 1140= $2040

Therefore, the cost for this job using the existing approach to cost estimation would be $2040.

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Answer:

The auditor's report typically covers the following five documents:

1)Financial Statements: The auditor's report provides an opinion on the fairness and accuracy of the financial statements prepared by the company. This includes the balance sheet, income statement, cash flow statement, and statement of changes in equity.

2)Management's Discussion and Analysis (MD&A): MD&A is a section of the annual report where management provides an analysis of the company's financial performance, results of operations, and future prospects. The auditor's report may reference or provide assurance on specific information contained in the MD&A.

3)Notes to the Financial Statements: The notes to the financial statements provide additional information and explanations regarding specific items in the financial statements. The auditor's report may refer to the notes and provide assurance on their presentation and disclosure.

4)Internal Control Report: In some cases, companies are required to provide an internal control report, which outlines management's assessment of the effectiveness of internal controls over financial reporting. The auditor's report may include a reference to the internal control report and provide assurance on its reliability.

5)Other Supplementary Information: The auditor's report may also reference or provide assurance on other supplementary information included in the annual report, such as schedules, disclosures, or additional financial data that accompany the financial statements.

It's important to note that the specific documents covered by the auditor's report may vary depending on the reporting requirements and regulations applicable to the company or organization being audited.

The factor that most strongly drives producers in a free-market economy is the profit motive.

A free-market economy is an economy in which forces of demand and supply determine how goods and services are allocated or supplied without government intervention.

In a free-market economy, the profit motive is a factor that most strongly drives producers because their aim is to maximize profit by selling at the highest price possible.

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A personal loan is a type of loan that can be used for a variety of purposes such as debt consolidation, home improvements, medical expenses, or even to fund a vacation. One of the main benefits of obtaining a personal loan is the flexibility it provides. Unlike other types of loans that are typically tied to a specific purpose, personal loans are unsecured and can be used for anything you need.

Another benefit of obtaining a personal loan is that they often have lower interest rates compared to credit cards or other types of loans. This can be particularly helpful if you are trying to consolidate high-interest debt into one loan with a lower interest rate.

Additionally, personal loans offer a fixed repayment term and monthly payment, making it easier to budget and plan for repayment. This can be helpful if you need to make a large purchase or cover unexpected expenses.

Overall, a personal loan can be a useful financial tool for a variety of reasons and can provide flexibility, lower interest rates, and predictable repayment terms.

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Personal loans offer benefits when used for investments with long-run payoffs, such as education or business ventures. They provide the required capital for significant purchases or investments that can lead to increased profits or earnings in the future. They also offer immediate financial relief for those anticipating a rise in income.

Obtaining a personal loan has several benefits, particularly when you are making an investment with potential long-run payoff. Personal loans can provide the necessary capital for significant expenditures where future returns are expected (e.g. college education, business investment).

For instance, borrowing for a college degree can be a wise move. The increased earning potential and higher wages associated with a higher level of education often allows for the repayment of the loan while still improving one's financial position. Similarly, businesses can take loans to purchase equipment or invest in projects that can increase output and profits enough to cover the repayment of the loan and further advance the business.

Furthermore, personal loans can also provide immediate financial relief for those in need (like college students with low or no income) who anticipate greater financial stability in the future. This relief helps to cover current expenses, with the understanding that the loans can be repaid once income levels increase.

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Answer: An interest rate is the percentage of principal charged by the lender for the use of its money. The principal is the amount of money loaned. Interest rates affect the cost of loans. ... The Federal Reserve manages interest rates to achieve ideal economic growth.

Explanation:

The correct teamwork characteristic is An act of working together for a common purpose or benefit.

Teamwork is a process of working collaboratively with a group of people to achieve a goal. In teamwork, each team member will give their best contribution to complete a job or achieve a common goal.

Actually, we've been doing teamwork since we were still in school or college. The simplest example is: group work. The common goal of group assignments is to complete their assignments well, and get good grades or pass the course. To achieve that, each member of the group must do their job well. This simple example also applies to the world of work.

Even though the hard skills you have are very good, you will still need help from other colleagues. Because, humans are social creatures who will always need other people.

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Answer:

No his parents aren't exactly right, a college is far more expensive, not only money wise, but also time wise. These programs/bootcamps can get you started in web design, and make sure you pass with a certificate and fully understand the topic, and they only take around a 2 - 5 months.

A system requirement is a characteristic or feature that must be included in an information system to satisfy business needs and be acceptable to users.

option d is correct .

The purpose of post-validation is to demonstrate that the requirements define the system that the customer actually wants. Claim error costs are high, so validation is very important. System requirements is a term that identifies the functionality that a system needs to meet customer requirements. System requirements is a broad as well as narrow topic that can be applied to many areas.

The data collected by the system must be error-free. Completeness, Software should be designed to collect as much information as necessary. Importance: The data collected must meet a specific need. Ease of use: Software should allow the right user to retrieve information when needed.

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The correct question is :

A(n) _____ is a characteristic or feature that must be included in an information system to satisfy business needs and be acceptable to users.

a. property

b. questionnaire

c. object

d. system requirement

Based on porter’s model for industry analysis, this increases which  the Threats of new entrants.

The threat of new entrants is known to be a risk liked with new competitor that produce for current companies in an industry.

This is said to often take place when a new company is  said to be starting to sell a similar product or service based on the fact that they are an existing company.

See options below

Multiple Choice

rivalry among competitors

bargaining power of buyers

bargaining power of suppliers

threats of substitute products or services

threats of new entrants

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When tax revenues equal government outlays, the situation is referred to as a "balanced budget."

In a balanced budget scenario, the government's total revenue from taxes and other sources is equal to its total expenditure on various programs, services, and obligations. This means that the government is neither running a budget surplus nor a budget deficit. A balanced budget indicates that the government's inflows and outflows are in equilibrium, and it is not relying on borrowing or accumulating debt to finance its expenditures. Achieving a balanced budget is often considered a goal of fiscal responsibility, as it helps ensure a stable financial situation for the government and promotes long-term sustainability.

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Answer:

The answer is A. It will provide consumers with more choice at lower prices.

Explanation:

Option (a), which will give customers more choices at a reduced cost, is the best choice.

Trade allows for the expansion of markets and access to products and services that might not otherwise be available locally. The competitiveness in the market has increased as a result of global trade. The cost of the final product for the consumer is reduced as a result of increased pricing competition.

Because it promotes market specialization, fosters innovation, and decreases the cost of commodities globally, trade is crucial for maintaining a competitive global economy. A further benefit of trade is having access to goods and services that may be more affordable and of higher quality than those that are provided domestically.

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