Spring Flower Company is to give quote.
Export of 2000 cases of canned mushrooms from Nanjing to Shanghai for loading on ship then shipping directly to Los Angeles, U.S.A..
The domestic purchase cost of each case of canned mushrooms is 300 RMB, The domestic shipping cost is RMB 8,000 and other costs (including export customs clearance) total RMB 5,000. The total shipping cost from Shanghai to Los Angeles is USD 10,000, the freight insurance is USD 3,000. The port of shipment is Shanghai, and the destination port is Los Angeles.
With an expected profit margin of 10%, please calculate the USD quote per case by Spring Flower Trading Company for FOB,CIF and write a complete quote in English. (Exchange rate 1 USD = 6.70 RMB)

The company's up-to-date ending cash balance equals $9,100.

Here, we are preparing company's up-to-date ending cash balance through reconciliation format.

Balance as per bank          $0               Balance per books        $10,000

Add: Deposit in transit        $2,000        Add: Bank collection      $0

Less: Outstanding checks  $3,000       Add: Interest revenue     $10

Adjusted bank balance      $9,110        Less: Service charges      $100

                                                                         EFT and NSF checks  

                                             $10,110        Adjusted book balance  $10,110

Therefore, the company's up-to-date ending cash balance equals $9,100.

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If you invest $6,000 at age 33 and leave it in the account for 21 years, you will have approximately $11,597.98 at age 54. This is how the future value of the investment is calculated.

To calculate the future value of the $6,000 investment, we can use the formula for compound interest:

FV = PV * (1 + r)^n

Where:

PV = present value (the initial investment of $6,000)

r = annual interest rate (5% or 0.05)

n = number of compounding periods (31 years)

Plugging in the values, we get:

FV = 6,000 * (1 + 0.05)^31

FV = 6,000 * 2.982472

FV = $17,894.83

So if you invest $6,000 at age 23 and leave it in the account for 31 years, you will have approximately $17,894.83 at age 54.

b. If you wait 10 years before making the deposit so that it stays in the account for only 21 years, how much will you have at the end?

If you wait 10 years to make the deposit, the investment will have 21 years to grow, so we can use the same formula with n = 21:

FV = 6,000 * (1 + 0.05)^21

FV = 6,000 * 1.932996

FV = $11,597.98

So if you invest $6,000 at age 33 and leave it in the account for 21 years, you will have approximately $11,597.98 at age 54.

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Complete Question -

You are planning to invest $ 6,000 in an account earning 5 % per year for retirement.

a. If you put the $ 6,000 in an account at age 23, and withdraw it 31 years later, how much will you have?

b. If you wait 10 years before making the deposit so that it stays in the account for only 21 years, how much will you have at the end?

a. If you put the $ 6,000 in an account at age 23, and withdraw it 31 years later, how much will you have? In 31 years you would have $....... (Round to the nearest cent.)

There is no change in the consumer's utility when the income changes from $72 to $757.

(a) To solve the constrained maximization problem, we need to write out the Lagrangian. The Lagrangian function combines the utility function, the budget constraint, and the Lagrange multiplier.

The utility function is given as U = xy, where x and y represent the quantities of two goods.

The budget constraint is determined by the prices per unit and the consumer's income. The price per unit of x is $3 and the price per unit of y is $4. The consumer's income is $72. The budget constraint can be written as 3x + 4y = 72.

To find the Lagrangian, we introduce the Lagrange multiplier, λ, which helps us incorporate the budget constraint into the utility function. The Lagrangian is defined as L = U - λ(budget constraint).

So, the Lagrangian for this problem is L = xy - λ(3x + 4y - 72).

(b) To find the utility-maximizing demands for both goods and the Lagrange multiplier, we need to take partial derivatives of the Lagrangian with respect to x, y, and λ, and set them equal to zero.

∂L/∂x = y - 3λ = 0
∂L/∂y = x - 4λ = 0
∂L/∂λ = 3x + 4y - 72 = 0

Solving these equations simultaneously, we find:
y - 3λ = 0  -->  y = 3λ
x - 4λ = 0  -->  x = 4λ
3x + 4y - 72 = 0

Substituting the values of x and y in the budget constraint equation, we get:
3(4λ) + 4(3λ) - 72 = 0
12λ + 12λ - 72 = 0
24λ - 72 = 0
24λ = 72
λ = 3

Using λ = 3, we can find the values of x and y:
x = 4λ = 4(3) = 12
y = 3λ = 3(3) = 9

So, the utility-maximizing demands for both goods are x = 12 and y = 9, and the Lagrange multiplier is λ = 3.

(c) To calculate the change in the consumer's utility if income changes from $72 to $757, we need to find the utility at both income levels.

At the initial income level of $72, the utility is U = xy = 12 * 9 = 108.

At the new income level of $757, we need to adjust the budget constraint accordingly. The budget constraint becomes 3x + 4y = 757.

Using the utility-maximizing demands from part (b) (x = 12 and y = 9), we can solve the new budget constraint equation:
3(12) + 4(9) = 36 + 36 = 72.

So, the new budget constraint is satisfied, and the utility remains the same at U = xy = 12 * 9 = 108.

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The appropriate discretionary fiscal policy to use when the economy is in a recession is increased government spending.

What is Discretionary Fiscal Policy? Discretionary fiscal policy is a kind of government policy that changes government expenditure or taxes to stabilize the economy. Government bodies use this policy to alter the pattern of aggregate demand in order to stabilize the economy. During a recession, the government should increase its expenditures, and during a boom, it should decrease its expenditures. On the other hand, when the economy is over-heated, the government should raise taxes in order to decrease demand.

Let's look at the given options:a. Increased government spending is the correct choice to be used when the economy is in a recession.b. Higher taxes is incorrect because it will reduce demand further.c. A balanced-budget reduction in both spending and taxes is incorrect because it reduces the overall spending that will not help in stabilizing the economy.d. An expansion in the money supply is a monetary policy, not a fiscal policy, which is used to reduce interest rates in order to increase spending. It is not used to stabilize the economy when it is in recession.

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Answer:

Competitive supply market, substitution is possible, price per unit is important.

Explanation:

A portfolio variance is used to determine the overall risk or dispersion of returns of a portfolio and it is the square of the standard deviation associated with the particular portfolio.

The portfolio variance is given by the equation;

\(Variance = w^{2}_{1} d^{2}_{1} + w^{2}_{2} d^{2}_{2}+2w_{1}w_{2}C_{OV_{1, 2}}\)

Where;

\(w_{n}\) = the weight of the nth security.

\(d^{2}_{n}\) = the variance of the nth security.

\(C_{OV_{1, 2}}\) = the covariance of the two security.

In the portfolio matrix, characteristics of goods and services in the leverage quadrant are competitive supply market, substitution is possible, price per unit is important. Thus, the leverage quadrant represents a significant part of expenditures and are really important for a business.

Answer: Education is needed for jobs. If we dont have education people cant get certain jobs. Without certain jobs the world would fall into a pandemic.

Explanation:

Answer:

Technical education play a vital role to develop the entire nation by improvimg the well beimg of youth and communities.

It increases the productivity. It also helps to accelerate the pace of work and motivate the person towards his/her work.It creayes skilled manpower and improves the quality of life.

Answer:

True

Explanation:

Because the less product means less sales and less happy people. Hope this helps.

A statement "the change in this measure of well-being would be less than the change in gdp." is true because the change in GDP must be less.

Rising GDP indicates that the economy is expanding and that the resources accessible to citizens - products and services, salaries and profits - are increasing. An rise in GDP raises money demand because consumers will need more money to execute the transactions required to acquire the additional GDP.

In other words, the transactions demand impact raises actual money demand. Real GDP is a measure of an economy's total products and services in a given year that takes into account price fluctuations.

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Yes, every CBS All Access subscriber will be automatically transitioned to Paramount+. An automatic update should upgrade the CBS All Access app to the new Paramount+ app early Thursday, but if that hasn’t happened, you can run a manual update on your device.

The determination of decisions within a team depends on the nature of the decision and the roles of team members and leaders.

The involvement of team members in decision-making should occur when their expertise and knowledge are valuable in reaching the best possible outcome. Team members who possess specific skills, experience, or domain knowledge related to the decision should be actively engaged in the determination process. This allows for diverse perspectives, input, and the utilization of collective intelligence to arrive at informed and well-rounded decisions. In addition, decisions that directly impact team members' responsibilities or tasks should involve their input to ensure ownership and alignment.

However, leaders also have a critical role in decision-making. They bear the responsibility of guiding the team, setting strategic objectives, and considering the broader organizational context. Leaders often need to consider factors such as resource allocation, organizational goals, and the long-term impact of decisions. In situations where team members cannot reach a consensus or when a decision requires swift action, leaders may step in to make a final determination. Their experience, strategic vision, and ability to assess risks and opportunities contribute to effective decision-making within the team. Ultimately, the decision-making process should strike a balance between the involvement of team members and the leadership's guidance and authority.

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The provision that specifies that no coverage applies if the loss benefits a person who has care, custody, or control of the insured's property is the "care, custody, or control" exclusion."

The "care, custody, or control" exclusion is a provision commonly found in insurance policies that states that coverage will not apply if the loss benefits a person who has care, custody, or control of the insured's property. This provision is designed to limit the insurer's liability in situations where the insured has entrusted their property to someone else and that person causes damage or loss to the property.

It ensures that the insurance coverage does not extend to situations where the insured voluntarily places their property under the control of another party who may be responsible for any resulting loss or damage. The "care, custody, or control" exclusion helps define the boundaries of coverage and clarifies situations where the insurance policy does not provide protection.

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An investment's average net income divided by its average book value defines the average return on investment (ROI).

This is a financial ratio that measures the profitability of an investment in relation to its cost. ROI is typically expressed as a percentage and is a widely used metric to evaluate the performance of an investment. The average net income is the sum of the net income over a specified period, divided by the number of periods. This figure is then divided by the average book value of the investment, which is the total value of the investment over a specified period divided by the number of periods.

This calculation provides an indication of the effectiveness of an investment in generating profits relative to its cost. A high ROI indicates that an investment is generating strong profits relative to its cost, while a low ROI suggests that the investment may not be generating sufficient profits to justify its cost.

However, it is important to note that ROI does not consider the time value of money or the risks associated with an investment. As such, it should be used in conjunction with other financial metrics when evaluating the performance of an investment.

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Answer:

Economics is a social science concerned with the production, distribution, and consumption of goods and services.

Explanation:

The purpose of preparing a Bank Reconciliation Statement is to detect any discrepancies between the accounting records of the entity and the bank besides those due to normal timing differences. Such discrepancies might exist due to an error on the part of the company or the bank.

When fixed effects are included in an economic analysis, the coefficients of the economic variables can be influenced in several ways.

Let's consider an example to illustrate this:

Suppose we are analyzing the relationship between income and consumption across different individuals and over time. By including entity (individual) fixed effects, we control for individual-specific characteristics that remain constant over time, such as innate ability or personal preferences.

When entity fixed effects are included, the coefficients of the economic variables may change because the individual-specific characteristics are accounted for. For example, the coefficient of income may become smaller if the initial analysis did not consider the individual-specific effects.

Similarly, if time fixed effects are included, the coefficients of the economic variables can change. Time fixed effects capture common factors affecting all individuals at a particular time period, such as economic conditions or policy changes.

In summary, entity and time fixed effects help to account for individual-specific and time-specific factors that can influence the coefficients of economic variables. They allow us to isolate and analyze the true relationships between variables by controlling for other sources of variation.

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The price that maximizes the profit is $1852. So, the answers are: a) 29 units b) $48,014.28 c) P(x)= 1630X - 48000 d) $1852.

a) Calculation of Break-even Point: Break-even point is the point where total cost and total revenue intersect. It can be calculated by equating total cost to total revenue.TC= TR48,000+ 222X = 1852 X

=> 222X = 1852 X - 48,000

=> 222X - 1852X = -48000

=> -1630X = -48000

=> X = 29.45...So, the break-even points are 29 units.

b) Calculation of Maximum Revenue: Maximum revenue can be obtained by selling the maximum number of units. Maximum revenue will be obtained at x = the number of units that can be produced with all of the available resources available. The maximum number of units that can be produced= Fixed cost / Selling price of one unit

= $48,000 / $1852/unit= 25.89 units Maximum revenue

= Selling price of one unit * Maximum number of units that can be produced

= $1852/unit * 25.89 units

= $48,014.28

Maximum revenue is $48,014.28 (nearest cent).

c) Calculation of Profit Function: Profit can be calculated by deducting the total cost from total revenue.

P(x)= Revenue - Cost

P(x)= TR - TC  Substituting TR and TC in the above equation we get,

P(x)= 1852X - (48000 + 222X)

P(x)= 1630X - 48000

Maximum profit can be calculated by finding the maximum point of the profit function using the second derivative test.

d) Calculation of the Price that maximizes the profit: To find the price that maximizes the profit, we need to find the value of X that gives the maximum value of P(X).For maximum profit,

P′(x) = 0 and

P″(x) < 0. Therefore, we need to find the point at which the slope of P(x) changes from positive to negative.

P(x)= 1630X - 48000

P′(x)= 1630At X = 29.4518 (rounded off),

P′(x) = 0. This means that the slope of P(x) changes from positive to negative.

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Answer:

Interdependence is important because people specialize and trade their production in markets for other products they need. The circular flow of income shows the interdependence of the economy.

Explanation:

Trust me this is right.

Answer:

Legacy System.

Explanation:

Legacy system is a current or existing system that will become the base for upgrading or integrating with a new system. Legacy system is computing software which is mostly outdated but it is still in use.

Explanation:

There are 5 basic supply chain activities accompanying undertakes to manufacture and distribute products which of the following occurs when you build relationships with the supplier too apply to procure raw materials

1. Prime numbers are important in cryptography because they are used to generate keys that are used in encryption and decryption.

2.Since the GCD of 150 and 175 is not 1, they are not co-prime.

3. Euler's Phi function (φ) gives the count of positive integers that are less than or equal to n and are co-prime with n.

4. The Phi function is also used in other cryptographic algorithms, such as ElGamal encryption.

5.Pseudo-code algorithm that implements the modulo function:FUNCTION modulo(a, n) // where a is the number being divided and n is the divisor WHILE a >= n a = a - n RETURN aEND FUNCTIONFor example, to find 13 mod 5: modulo(13, 5) = 3

6. . i. The formula that Alice can use to encrypt message M to E using e and N is:E = M^e mod N

ii. To select a value for e given N = 21.

1. Prime numbers are important in cryptography because they are used to generate keys that are used in encryption and decryption. Prime numbers are used in RSA (Rivest–Shamir–Adleman) algorithm, which is widely used in public-key cryptography. This is because prime numbers have unique properties, like they can only be divided by themselves and 1, which makes them suitable for generating keys that can only be used by specific parties.

2. To determine if 150 and 175 are co-prime, we need to find their greatest common divisor (GCD).

We can do this by using Euclid's algorithm:GCD(150, 175) = GCD(175, 150 % 175)

= GCD(175, 150) = GCD(25, 150 % 25)

= GCD(25, 0) = 25

Since the GCD of 150 and 175 is not 1, they are not co-prime.

3. Euler's Phi function (φ) gives the count of positive integers that are less than or equal to n and are co-prime with n.

For example, φ(10) = 4, because the only positive integers less than or equal to 10 that are co-prime with 10 are 1, 3, 7, and 9.

Applying Euler's Phi function to 10 gives:bnφ(10) = 10 * (1 - 1/2) * (1 - 1/5) = 4

4. Euler's Phi function is important in cryptography because it is used to generate keys that are used in encryption and decryption. Specifically, the RSA algorithm uses Euler's Phi function to generate the public and private keys that are used in encryption and decryption. The Phi function is also used in other cryptographic algorithms, such as ElGamal encryption.

5. Pseudo-code algorithm that implements the modulo function:FUNCTION modulo(a, n) // where a is the number being divided and n is the divisor

WHILE a >= n a = a - n

RETURN aEND FUNCTION

For example, to find 13 mod 5:modulo (13, 5) = 3

6. i. The formula that Alice can use to encrypt message M to E using e and N is:E = M^e mod Nii.

To select a value for e given N = 21, we need to find a number that is co-prime with φ(21) = 12.

One possible value for e is 5, because 5 and 12 are co-prime. Yes, this forms Bob's public key.

6. ii. Let's choose M = 7. To encrypt M using Bob's public key (N = 21, e = 5), we use the formula: E = M^e mod N = 7^5 mod 21 = 13.

Therefore, the encrypted message is E = 13.

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Answer:

Shoot, sorry, ik this was 3 days ago so my answer probably wont matter but you did give me point by letting me answer... Thanks!

Explanation:

:D

Answer:hi

Explanation:

The format for the equation of a circle is (x-h)^2+(y-k)^2=r^2, where (h,k) is your center and r is your radius. All we have to do is substitute the correct values, giving us the equation (x+2)^2+(y-1)^2=4

Based on the statement of cash flow analysis, when using the indirect method in preparing the statement of cash flows, if cash collected from customers is greater than the revenues generated, the decrease in accounts receivable will be added to net income.

This is because of the indirect method in preparing the statement of cash flows beginning with net income or loss.

Then subsequent preparation involves adding or deductions from net income for non-cash revenue and expense items.

The indirect method of preparing the cash flow statement is less complex and gives a more accurate financial analysis and cycles of business activity.

Hence, in this case, it is concluded that the correct answer is "the decrease in accounts receivable will be added to."

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The presented statement indicates that the retained profits balance was $678,000 at the conclusion of the fiscal year.

An executed contract in between a seller and a buyer to trade products, services, or bank deposits in exchange for money is known as a transaction. The phrase is also frequently used in business accounting.

The following is the statement of retained earnings for the year ending December 31, 2022 for Novak Corp.:

Retained Earnings Balance, January 1 = $499,000

Net Income = $349,000

Total amount in ended December 31, 2022 = $499,000 + $349,000

                                                                         = $848,000  

Less:

Cash Dividends: $112,000  

Stock Dividends: $58,000

The total less = $112,000 + $58,000 = $170,000

Retained Earnings Balance, December 31 = $848,000 + $170,000

                                                                      = $678,000

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Answer:

Using break-even analysis in your feed and grain business can help you understand and examine the profit drivers of your business. It is a very useful tool that can help you understand how much you need to sell to cover your costs and how pricing, cost, and volume changes impact these needed sales.

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This statement is generally true. The slope of the Treasury yield curve is an indicator of the interest rates on US government bonds of different maturities.

Normally, the yield curve is upward sloping, which means that the interest rate on long-term bonds is higher than the interest rate on short-term bonds. This reflects the expectation that interest rates will increase over time, which is consistent with the idea that investors demand higher compensation for taking on the risk of lending money for a longer period of time. The cost of borrowing for the US government is affected by a variety of factors, including economic conditions, inflation, and monetary policy, but the yield curve is one of the key indicators that investors use to gauge the health of the economy and the outlook for interest rates.

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Answer:

Adrean :)

Explanation:

eugh

Answer:

C:

Explanation:

CD's are less liquid and tie up your $$ for a certain period of time, however, extend to you a higher interest rate.  

Answer: A: Less and higher

Explanation: