Answer:
c. $107,600 taxable income: $23,672 tax liability.
Explanation:
Taxable Income calculation:
Taxable Income beginning $90,100
Add: gain on sales on Wal-Mart stock $13,000
Less: Loss on sale of PG&E stock $7,000
Add: Gain on Cisco common stock $11,500
Taxable Income at end $107,600
what is the minimum wage for SA
the new National Minimum Wage for South Africa has been made public by the Department of Employment and Labour. Starting on March 1st, 2023, the current minimum wage of R23,19 per hour will increase to R25,42 per hour (an increase of around 9,6%).
The minimal amount of compensation that an employer is compelled to pay wage earners for the job completed during a particular period, which cannot be reduced by a collective agreement or an individual contract, is referred to as the "minimum wage."The South African government may impose penalties on employers who fail to pay the minimum wage. If a defined weekly wage is used, the monthly wage is multiplied by 4.33. If an hourly rate is specified, it is computed as 4.33 times the weekly average.
Learn more about minimum wages here:
https://brainly.com/question/29128876
#SPJ1
1. Determine whether a $100,000, 3-month T-Bill selling at $97,645 or a 10%, semi-annual coupon bond selling at par has the greater effective annual return
The 10% semi-annual coupon bond selling at par has the greater effective annual return than the $100,000, 3-month T-Bill selling at $97,645.
Data and Calculations:T-Bill:
Face value of T-Bill = $100,000
Present value of the T-Bill = $97,645
Effective yield rate = 9.65% ($2,355/$97,645 x 100 x 12/3)
Bond:
Face value of bond =$100,000
Interest = 10% semi-annual
Present value of the bond = $104,761.90
Effective yield rate = 9.80%
Thus, the 10% semi-annual coupon bond selling at par has the greater effective annual return than the $100,000, 3-month T-Bill selling at $97,645.
Learn more about Bonds and T-Bills at https://brainly.com/question/15394251
Fiscal policy is defined as changes in federal ________ and ________ to achieve macroeconomic objectives such as price stability, high rates of economic growth, and high employment.
taxes; expenditures
Fiscal policy is defined as changes in federal taxes and expenditures to achieve macroeconomic objectives such as price stability, high rates of economic growth, and high employment.
What exactly is meant by "fiscal policy"?The practice of influencing the economy through government spending and taxation is known as fiscal policy. Fiscal policy is typically used by governments to reduce poverty and encourage robust and sustainable growth.
What exactly is meant by "fiscal policy"?Monetary strategy alludes to the spending and taxing strategies that the government employs to influence the economy.
What is the primary goal of fiscal policy?The regulation of economic stability, full employment, and growth rate stabilization are the primary goals of fiscal policy. It is frequently upgraded with financial arrangement, including the financial framework, the stockpile of cash available for use and the administration of loan fees.
To learn more about Fiscal policy here:
https://brainly.com/question/27250647
#SPJ4
Gunes Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 800 units. The costs and percentage completion of these units in beginning inventory were: Cost Percent Complete Materials costs $ 10,600 65% Conversion costs $ 12,800 30% A total of 8,500 units were started and 7,400 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: Cost Materials costs $ 142,100 Conversion costs $ 359,500 The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs. The cost per equivalent unit for conversion costs for the first department for the month is closest to:
Answer:
$46.04
Explanation:
It is important to note that Gunes Corporation uses the weighted-average method. This means we are only interested in the Equivalent units completed and transferred and units in working process.
Total Conversion Cost
Consider the cost in opening work in process and cost during the year.
Total Conversion Cost = $12,300 + $359,000 = $371,300
Equivalent Units
Consider work completed in units completed and transferred and units in working process.
Equivalent Units = 7,400 x 100% + 1,900 x 35 % = 8,065 units
The units in working process have been calculated as :
Units in working process = 800 + 8500 - 7,400 = 1,900
Cost per Equivalent Units
Cost per Equivalent Unit = Total Cost ÷ Total Equivalent Units
= $371,300 ÷ 8,065 units
= $46.04
The cost per equivalent unit for conversion costs for the first department for the month is closest to $46.04
Answer:
$46.16
Explanation:
It is important to note that Gunes Corporation uses the weighted-average method. This means we are only interested in the Equivalent units completed and transferred and units in working process.
Total Conversion Cost
Consider the cost in opening work in process and cost during the year.
Total Conversion Cost = $12,800 + $359,500 = $372,300
Equivalent Units
Consider work completed in units completed and transferred and units in working process.
Equivalent Units = 7,400 x 100% + 1,900 x 35 % = 8,065 units
The units in working process have been calculated as :
Units in working process = 800 + 8500 - 7,400 = 1,900
Cost per Equivalent Units
Cost per Equivalent Unit = Total Cost ÷ Total Equivalent Units
= $372,300 ÷ 8,065 units
= $46.16
1. A department is looking for an entry-level cashier. One of the job applicants is a cashier with 30 years of experience as a cashier. The department manager feels that this candidate is overqualified for the job and is likely to be bored and leave the job in a short time. Instead, they want to pursue a candidate with 6 months of work experience who seems like a better fit for the position.
The candidate with 6 months of experience shall be hired by the department for the position as an entry-level cashier.
Who is cashier?A cashier is a professional who has expertise in managing the cash inflows and outflows of an organization and deal with the cash transactions of an organization on a daily basis.
A cashier who has 6 months of experience be more suitable for such role in the department, and will also take lesser pay than the one with 30 years of experience.
Hence, it may be concluded that the cashier with less experience will be a suitable one to be hired at the position as such.
Learn more about cashier here:
https://brainly.com/question/27622487
#SPJ1
What is semiannually?
Answer:
occurring twice a year; half yearly
Explanation:
ok so basically
semi: partly
annually: yearly
essentially, semiannually means it only happens part of the year.
I feel like I just went in circles, but I'm not sure how else to explain it! let me know if you need another explanation
The Allowance for Doubtful Accounts: Multiple Choice Is credited when bad debts expense is estimated and recorded. All of the options are correct. Is a contra asset account. Is used instead of reducing accounts receivable directly.
Answer: All of the options are correct.
Explanation:
The Allowance for Doubtful Account is a contra account because it reduces the value of the Accounts Receivable Account and does so in order to account for the possibility that some customers will not pay the amounts they owe.
It is credited when Bad debts are estimated and recorded; that way this reduction in Accounts receivable does not have to go out of the Accounts Receivable account directly.This will ensure that the Accounts Receivable Account is not volatile as it attempts to keep up with all the bad debts incurred.
Lee Willis loaned Audrey Chin $16,000 to open Snip its hair salon. After 6 years, Audrey will repay Lee with 8% interest compounded quarterly. How much will Lee receive at the end of 6 years?
Interest : After solving the problem the Lee will receive $23,454.25. at the end of 6 years.
What is Interest?Interest is the cost of borrowing money, or the income earned from lending money. It is expressed as a percentage rate, which represents the amount of money (called interest) paid relative to the amount of money borrowed (called the principal). Interest is a necessary part of any loan or credit agreement. It is the price paid for the use of money over time.
At the end of 6 years, Lee will receive $23,454.25. This is calculated by using the formula A = P(1 + r/n)^nt,
where A is the future value,
P is the principal amount,
r is the annual interest rate,
n is the number of times the interest is compounded, and
t is the number of years.
In this case, P = $16,000, r = 0.08 (8%), n = 4 (quarterly), and t = 6. Plugging those values into the equation, we get A = $16,000(1 + 0.08/4)^4*6 = $23,454.25.
To learn more about Interest
https://brainly.com/question/29788368
#SPJ1
1) Giving examples explain Eight (8) types of leadership styles(10mks)
2) Explain the do’s and don’ts of communication(5mks)
3) Explain the how managers can use motivation theories to motivate employees(10mks)
Answer:
1) Eight types of leadership styles are:
a) Autocratic Leadership: This style of leadership involves the leader making all the decisions and giving orders to subordinates without getting any input or feedback from them. This style is useful in situations where quick decisions need to be made, but it can lead to resentment and low morale among employees.
b) Democratic Leadership: This style of leadership involves the leader encouraging participation and input from subordinates in decision-making. This style can lead to higher job satisfaction and greater commitment among employees, but it can also lead to slower decision-making and lack of accountability.
c) Laissez-Faire Leadership: This style of leadership involves the leader delegating decision-making and responsibility to subordinates. This style can be useful in situations where employees are highly skilled and motivated, but it can also lead to lack of direction and accountability.
d) Transactional Leadership: This style of leadership involves the leader using rewards and punishments to motivate employees. This style can be effective in achieving short-term goals, but it can also lead to lack of creativity and innovation.
e) Transformational Leadership: This style of leadership involves the leader inspiring and motivating employees to achieve shared goals. This style can lead to high levels of job satisfaction and commitment, but it can also be difficult to implement and maintain.
f) Servant Leadership: This style of leadership involves the leader putting the needs of employees first and serving them. This style can lead to high levels of trust and loyalty among employees, but it can also be difficult to implement and maintain.
g) Charismatic Leadership: This style of leadership involves the leader using their personality and charisma to inspire and motivate employees. This style can be effective in achieving short-term goals, but it can also be risky if the leader becomes too focused on their own goals and needs.
h) Situational Leadership: This style of leadership involves the leader adapting their style to fit the situation and needs of the employees. This style can be effective in achieving a balance between task and relationship-oriented leadership, but it can also be difficult to implement and maintain.
2) The do's and don'ts of communication are:
Do's:
a) Be clear and concise in your communication.
b) Use active listening to understand the other person's perspective.
c) Use appropriate body language and tone of voice to convey your message.
d) Use examples and anecdotes to illustrate your points.
e) Provide feedback and ask for feedback to improve communication.
Don'ts:
a) Interrupt the other person while they are speaking.
b) Use offensive language or tone of voice.
c) Assume that the other person understands your perspective.
d) Make assumptions or judgments about the other person without getting their input.
e) Use distractions or multitasking while communicating.
3) Managers can use motivation theories to motivate employees by:
a) Understanding the needs and goals of the employees.
b) Providing rewards and recognition for good performance.
c) Creating a positive work environment that fosters creativity and innovation.
d) Offering opportunities for growth and development.
e) Encouraging teamwork and collaboration.
f) Providing regular feedback and communication.
g) Setting clear goals and expectations.
h) Providing training and support for employees to achieve their goals.
i) Creating a culture of trust and respect.
j) Encouraging autonomy and responsibility.
Answer:
Explanation:
1) Eight types of leadership styles are:
a) Autocratic Leadership: This style of leadership involves the leader making all the decisions and giving orders to subordinates without getting any input or feedback from them. This style is useful in situations where quick decisions need to be made, but it can lead to resentment and low morale among employees.
b) Democratic Leadership: This style of leadership involves the leader encouraging participation and input from subordinates in decision-making. This style can lead to higher job satisfaction and greater commitment among employees, but it can also lead to slower decision-making and lack of accountability.
c) Laissez-Faire Leadership: This style of leadership involves the leader delegating decision-making and responsibility to subordinates. This style can be useful in situations where employees are highly skilled and motivated, but it can also lead to lack of direction and accountability.
d) Transactional Leadership: This style of leadership involves the leader using rewards and punishments to motivate employees. This style can be effective in achieving short-term goals, but it can also lead to lack of creativity and innovation.
e) Transformational Leadership: This style of leadership involves the leader inspiring and motivating employees to achieve shared goals. This style can lead to high levels of job satisfaction and commitment, but it can also be difficult to implement and maintain.
f) Servant Leadership: This style of leadership involves the leader putting the needs of employees first and serving them. This style can lead to high levels of trust and loyalty among employees, but it can also be difficult to implement and maintain.
g) Charismatic Leadership: This style of leadership involves the leader using their personality and charisma to inspire and motivate employees. This style can be effective in achieving short-term goals, but it can also be risky if the leader becomes too focused on their own goals and needs.
h) Situational Leadership: This style of leadership involves the leader adapting their style to fit the situation and needs of the employees. This style can be effective in achieving a balance between task and relationship-oriented leadership, but it can also be difficult to implement and maintain.
2) The do's and don'ts of communication are:
Do's:
a) Be clear and concise in your communication.
b) Use active listening to understand the other person's perspective.
c) Use appropriate body language and tone of voice to convey your message.
d) Use examples and anecdotes to illustrate your points.
e) Provide feedback and ask for feedback to improve communication.
Don'ts:
a) Interrupt the other person while they are speaking.
b) Use offensive language or tone of voice.
c) Assume that the other person understands your perspective.
d) Make assumptions or judgments about the other person without getting their input.
e) Use distractions or multitasking while communicating.
3) Managers can use motivation theories to motivate employees by:
a) Understanding the needs and goals of the employees.
b) Providing rewards and recognition for good performance.
c) Creating a positive work environment that fosters creativity and innovation.
d) Offering opportunities for growth and development.
e) Encouraging teamwork and collaboration.
f) Providing regular feedback and communication.
g) Setting clear goals and expectations.
h) Providing training and support for employees to achieve their goals.
i) Creating a culture of trust and respect.
j) Encouraging autonomy and responsibility
If Damien loses his job due to injury, he worries that his family won’t be able to survive without his income. He decides to purchase disability insurance that will provide money for him and his family if he should ever become physically unable to work. By purchasing this type of insurance, from which type of risk is Damien trying to protect himself?
A.
property risk
B.
liability risk
C.
inheritance risk
D.
personal risk
Damien is trying to protect himself from personal risk by purchasing disability insurance. Hence, Option (D) is correct.
Personal risk refers to the possibility of experiencing a loss in an individual's ability to earn income due to factors such as illness, injury, or disability.
In Damien's case, his concern about losing his job due to injury highlights the potential personal risk he faces. If he becomes physically unable to work, his income could be significantly impacted, which could have severe financial consequences for his family.
By purchasing disability insurance, Damien is taking steps to mitigate the potential loss of income in the event of a disability, ensuring financial support for himself and his family during such circumstances.
Thus, Damien is trying to avoid personal risk on account of any fatal injuries.
Learn more about personal risk here:
https://brainly.com/question/30168545
#SPJ1
Answer:
d
Explanation:
Discuss the economic conditions and economic institutions that affect personal finance.
Answer:
Economics and Personal Finance. Instruction in economics and personal finance prepares students to function effectively as consumers, savers, investors, entrepreneurs, and active citizens. Students learn how economies and markets operate and how the United States' economy is interconnected with the global economy.
onsumer Economics: Tutorial
Part E
At what wage rate will there be excess labor supplied in the market?
Excess labor supply in the market occurs when the wage rate is above the equilibrium level.
Consumer economics refers to the study of how individuals and households make decisions about what they consume, how they save and invest, and how they allocate their resources.The wage rate at which there will be an excess supply of labor in the market is known as the equilibrium wage rate. This means that the quantity of labor demanded equals the quantity of labor supplied.
At a wage rate above the equilibrium level, there is a surplus of labor available as the quantity supplied of labor is greater than the quantity demanded for labor. On the other hand, at a wage rate below the equilibrium level, there is a shortage of labor as the quantity demanded of labor is greater than the quantity supplied for labor. Thus, the equilibrium wage rate is essential to maintain stability in the labor market.The equilibrium wage rate is determined by the forces of demand and supply.
The demand for labor arises from the demand for goods and services that labor produces. The supply of labor arises from the willingness of people to work at a particular wage rate. The equilibrium wage rate is the wage rate where the quantity of labor demanded is equal to the quantity of labor supplied in the market.Therefore, excess labor supply in the market occurs when the wage rate is above the equilibrium level.
For more such questions on labor
https://brainly.com/question/29522683
#SPJ8
Which of the following would most likely use a job order costing system? a.oil refinery b.company that manufactures chlorine for swimming pools c.paper mill d.swimming pool installer
Answer:
d swimming pool installer
Explanation:
Complete the sentence about the most important parts of an email. Before sending an email, you must include the email addresses of one or more recipients in the address box and mention the topic of the mail in the box
Before sending an email, you must include the subject line of the email addresses of one or more recipients in the address box and mention the topic of the mail in the box.
Email, often known as electronic mail, is the process by which one user sends one or more recipients computer-stored communications through the internet. Emails are a convenient, quick, and affordable means of communication for both personal and professional purposes. If a user has an internet connection, which is normally provided by an internet service provider, they can send emails from any location.
Email can be sent and received between many computer networks, most notably the internet, but it can also be sent and received through both public and private networks, such as a local area network. Both lists of persons and single recipients can receive emails. Using an email reflector, one can control a common distribution list. In order to subscribe to some mailing lists, users must submit a request to the mailing list administrator.
Learn more about email here:
https://brainly.com/question/14666241
#SPJ1
Which of the following statements holds true for the term, internship?
Select one:

a.
It refers to the measure of how long an employee has been laboring in an organization.b.
It refers to the salary range a company sets for its employees, independent of the community wage level and wages as set by other, competing companies.c.
It refers to a structure for determining salary increases that encourages work that is less effective, less efficient, or both.d.
It refers to a low-paying post workers accept to gain valuable experience.

e.
It refers to the standard range of wages paid at a location, usually across a city or a region.
The statement that holds true for the term "internship" is d. It refers to a low-paying post workers accept to gain valuable experience.
Why does it hold true for the term?An internship is a type of job training for entry-level positions where a worker, often a student or recent graduate, gains experience in a particular field or industry.
Internships are usually short-term and may be unpaid or low-paying, but they offer valuable experience, networking opportunities, and the chance to learn and develop new skills.
Therefore, option d, "It refers to a low-paying post workers accept to gain valuable experience," is the statement that accurately describes the term "internship."
learn more about internship: https://brainly.com/question/28848189
#SPJ1
If autonomous consumption increases by $50 billion and the MPC is 0.95, the resulting change in total spending equals__________________ billion, assuming that idle resources exist at each expenditure round and the multiplier is operative.
Answer: $1,000 billion
Explanation:
The change in total spending is calculated by:
= Autonomous consumption increase * Multiplier
Multiplier:
= 1 / (1 - MPC)
= 1 / (1 - 0.95)
= 1 / 0.05
= 20
Change in total spending:
= 50 billion * 20
= $1,000 billion
How do you start an apprenticeship
Answer:
To Start a Program
Contact the Division of Apprenticeship Standards. ...
Determine the Essential Job Skills. ...
Identify Educational Partners and the Desired Classroom Component of Training. ...
Establish Apprenticeship Program Standards. ...
Submit Your Program to DAS for Approval.
In an apprenticeship, you receive on-the-job training in a trade.Trade unions, contractors, and private companies provide apprenticeship programs. While you don't need any experience in the trade to become an apprentice, many people in this career path gain general labor experience before applying.
In order to design your own apprenticeship, you'll need to build a group of 10 employers. The group should reflect the scope of the industry, and include at least 2 employers with less than 50 employees. When the group has been formed, everyone must play an active role and work together to develop the standard.
Explanation:
Production is an example of a marketing activity.
Question 1 options:
True
False
2. Can corporations be held liable for crimes they commit? How about in the past? Why or why not?2a. What are white collar crimes, and what is RICO?3. Note for me at least three differences between the civil justice system and the criminal justice system.4. Name 4 Amendments that can protect businesses charged with crimes, and then note 2 protections in each of them (4 of them for the 6th Amendment).
Yes, corporations can be held liable for crimes they commit, both in the past and present, through various laws and regulations. White collar crimes are non-violent, financially motivated crimes, usually committed by business professionals. RICO, the Racketeer Influenced and Corrupt Organizations Act, targets organized crime and its participants.
Three differences between the civil justice system and the criminal justice system are:
1) Civil cases address disputes between individuals or organizations, while criminal cases address violations of the law;
2) Civil cases require a lower burden of proof (preponderance of the evidence) compared to criminal cases (beyond a reasonable doubt);
3) Civil cases may result in monetary compensation, whereas criminal cases may lead to imprisonment or fines.
Four Amendments protecting businesses charged with crimes are the 4th, 5th, 6th, and 8th Amendments.
The 4th Amendment protects against unreasonable searches and seizures, while the 5th Amendment safeguards against self-incrimination and double jeopardy.
The 6th Amendment ensures the right to a speedy trial, an impartial jury, and legal representation. The 8th Amendment prohibits excessive fines and cruel and unusual punishment.
For more such questions on business , click on:
https://brainly.com/question/24553900
#SPJ11
Under the allowance method, when a specific account is written off.
Under the allowance method, when a specific account is written off, then the allowance account is debited and the accounts receivable account is credited.
What is Accounting?
This refers to the management and processing of financial records about economic entities in a well-documented form.
Hence, we can note that in accounting, under the allowance method, once a specific account is written off, then the allowance account is debited and the accounts receivable account is credited.
Read more about accounting methods here:
https://brainly.com/question/26765608
if a business with several branches did not maintain a system of branch account, what financial control element would be missing?
Answer:
Branch Performance Evaluation will be missing in such a system as the performances of the several branches cannot be determined or compared.
Explanation:
Branch performance evaluation is the sum of all the control and productive procedures to measure the activities of branches and the results they produce based on their activities and responsibilities for the corporate resources at their disposal. This branch-wide performance evaluation becomes the missing link, assuming that branches exercise some internal controls on their own.
Furniture purchased from Kailash for Rs. 6,000.
Answer:
What's the question or is this a statement?
Explanation:
?
An apparel company decides to discontinue a clothing line that is popular with middle-aged customers, and to manufacture and market a new line for teenage customers instead.
Which of the following is an opportunity cost the company will face?
A. The expense of hiring younger marketing executives.
B. The profit gained from clothing sales to younger customers through social media apps.
C. The profit gained from clothing sales to middle-aged customers.
D. The cost of sourcing fabric for the new clothing line.
The opportunity cost that will be lost is C. The profit gained from clothing sales to middle-aged customers.
What is opportunity cost?Opportunity cost is the revenue that is lost due to not availing the opportunity, thus this opportunity cost is calculated by the management when taking a decision, the opportunity cost which is a revenue is added in the cost for the other decision as an expense or lost revenue.
If an apparel company decides to discontinue middle aged customers clothing then this will have impact on the decision making and costing of the decision that is being taken. The decision costing will include all the expenses of the opportunity also an expense will be included that is the lost revenue also known as the opportunity cost.
Learn more about opportunity cost at https://brainly.com/question/27059734
#SPJ1
(100 POINTS!!!) LuAnn is a very specific type of photographer. The images that she captures have several prominent characteristics such as representing culture as it is lived rather than mythologized, respectful portraits of members of the community to show their stature, and documenting tribal customs and ceremonies for future generations. What type of photography does LuAnn most likely practice?
A. fashion photography
B. nature photography
C. sports photography
D. indigenous photography
LuAnn most likely practices indigenous photography. Indigenous photography refers to photographs taken by and for indigenous communities that depict the culture, customs, and traditions of those communities. The characteristics of the images LuAnn captures, such as representing culture as it is lived, respectful portraits, and documenting tribal customs and ceremonies, are typical of indigenous photography. The goal of this type of photography is often to give voice and visibility to indigenous communities, as well as to preserve their cultural heritage for future generations.
Crane Company distributes to consumers coupons which may be presented (on or before a stated expiration date) to grocers for discounts on certain products of Crane. The grocers are reimbursed when they send the coupons to Crane. In Crane's experience, 50% of such coupons are redeemed, and generally one month elapses between the date a grocer receives a coupon from a consumer and the date Crane receives it. During 2018 Crane issued two separate series of coupons as follows:
Issued On Total Value Consumer Expiration Date Amount Disbursed as of 12/31/18
1/1/18 $510000 6/30/18 $234000
7/1/18 830000 12/31/18 355000
The only journal entry recorded to date is: debit to coupon expense and credit to cash of $817000. The December 31, 2018 balance sheet should include a liability for unredeemed coupons of:__________
a. $0.
b. $70,000.
c. $184,000.
d. $420,000.
Answer:
Liability of un-redeemed coupons Pending on December 31, 2018 is $60,000
Explanation:
Coupon already expired issued on Jan 01, 2018
Coupon issued on 07/01/2018 $830,000
Estimated redeemable coupon value - 50% $415,000
($830,000 * 50%)
Less : Disbursed $355,000
Liability pending on Dec. 31, 2018 $60,000
Economic Stimulus Act of 2008
Explanation for the reason for Economic Stimulus Act of 2008. What are the main causes of the legislation. What occurred in the economy to prompt the government to pass or enact such legislation or act?
Answer:
The Economic Stimulus Act of 2008 was a United States federal law enacted on February 13, 2008, to provide economic relief amid the Great Recession. The act provided tax rebates to individuals and tax incentives for businesses. It also increased the limits on mortgages eligible for purchase by government-sponsored enterprises (GSEs) such as Fannie Mae and Freddie Mac. The total cost of the act was projected at $152 billion for 2008.
The main causes of the legislation were:
The subprime mortgage crisis, which began in 2007, led to a decline in housing prices and a rise in foreclosures. This had a negative impact on the economy, as it led to a decrease in consumer spending and investment.The financial crisis of 2008, which began in September 2008, led to a collapse of the GSEs and a severe tightening of credit markets. This made it difficult for businesses to borrow money, which further slowed economic growth.The government enacted the Economic Stimulus Act of 2008 in an attempt to:
Boost consumer spending and investment, which would help to create jobs and stimulate economic growth.Prevent the financial crisis from worsening, which would have had a devastating impact on the economy.The act was controversial, with some economists arguing that it was not large enough to have a significant impact on the economy. However, the act did provide some relief to individuals and businesses, and it is generally credited with helping to prevent the Great Recession from becoming even worse.
The competitive test that a business plan must pass to attract financing from lenders and investors involves proving ________. Group of answer choices that the business venture will provide lenders and investors a high probability of repayment or an attractive rate of return that the company can gain a competitive advantage over its key competitors that a market for the company's product or service actually does exist and that the company can actually build it for the cost estimates included in the plan that the industry in which the business will compete is growing faster than the overall economy and has room for more competitors
Answer:
that the company can gain a competitive advantage over its key competitors
Explanation:
Competitive Testing refers to a tool that is used to analyze various products and services from the perspective of the user.
The competitive test that a business plan must pass to attract financing from lenders and investors involves proving that the company can gain a competitive advantage over its key competitors.
Consider an economy that produces only chocolate bars. In year 1, the quantity produced is 2 bars and the price is $5. In year 2, the quantity produced is 4 bars and the price is $8. In year 3, the quantity produced is 6 bars and the price is $10.
Required:
Using year 1 as the base year, compute nominal GDP, real GDP, and the GDP deflator for each year.
Answer:
Nominal gdp in year 1 = $10
Real gdp in year 1 = $10
GDP deflator in year 1 = 100
Nominal gdp in year 2 = $32
Real GDP in year 2 =$20
GDP deflator in year 2 =160
Nominal gdp in year 3 = $60
Real gdp in year 3 = $30
GDP deflator in year 3 = 200
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Nominal GDP is GDP calculated using current year prices while Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.
Nominal GDP = current year price x quantity produced
Real GDP = base year price x quantity produced
GDP deflator = (nominal GDP / real GDP) x 100
Nominal gdp in year 1 = (2 x $5) = $10
Real gdp in year 1 = (2 x $5) = $10
GDP deflator in year 1 =( $10 /$10 ) x 100 = 100
Nominal gdp in year 2 = (4 x $8) = $32
Real GDP in year 2 = 4 x $5 = $20
GDP deflator in year 2 = ($32 / $20) x 100 = 160
Nominal gdp in year 3 = 6 X $10 = $60
Real gdp in year 3 = 6 x$5 = $30
GDP deflator in year 3 = ($60 / $30) x100 = 200
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Using the appropriate tool from the Accountant Tools menu, the 4 options that can be batch reclassified in QuickBooks Online Accountant are options A, B, C and F:
ClassesCustomersProducts and ServicesAccountWhat is QuickBooks Online Accountant?In the above question, too batch reclassify these items, you can use the "Batch Reclassify Transactions" tool, which can be found under the Accountant Tools menu.
This tool allows you to select multiple transactions and reclassify them to a different account, class, customer, or product/service.
Therefore, Locations, tax codes, and suppliers cannot be batch reclassified using this tool. However, you can edit individual transactions to change their location, tax code, or supplier if necessary.
Learn more about QuickBooks Online from
https://brainly.com/question/24441347
#SPJ1
See full question below
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Classes
Customers
Products and Services
Locations
Tax Code
Account
Suppliers
you have tickets to the 49ers game on Sunday and you have an invitation to a friends party. You cannot go to Bulls. You choose to go to the party. What is the opportunity cost? What is the risk and your decision?
It depends on the day of the party
It depends on the day of the party or wasted money generally on the tickets.
What is Opportunity cost?Opportunity cost is the worth of what you lose while picking either at least two choices.
At the point when you choose, you feel that your decision will have improved results for you paying little heed to what you lose by making it. As a financial backer, opportunity cost implies that your venture decisions will constantly have quick and future misfortunes or gains.
Opportunity cost is the misfortune you take to make an increase, or the deficiency of one increase for another increase. Consider, for instance, the decision between whether to sell stock offers now or clutch them to sell later. Opportunity cost is the benefit lost when one option is chosen over another.
The idea is valuable essentially as a suggestion to inspect all sensible options prior to pursuing a choice. For instance, you have $1,000,000 and decide to put it in a product offering that will create an arrival of 5%.
While the facts confirm that a financial backer could get any quick acquires they could have by selling right away, they miss out on any additions the venture could get them what's in store.
Therefore merely it depends upon the day of the party.
Learn more about Opportunity cost here:
brainly.com/question/24319061
#SPJ2