The amount that Newberry's consolidated balance sheet reports for this inventory at December 31, 2020 is $96,200.
Explanation: To determine the amount Newberry's consolidated balance sheet reports for the inventory at December 31, 2020, we need to calculate the inventory in U.S. dollars. We use the exchange rate as at December 31, 2020 which is 0.49 -1, which means $0.49 = 1 peso. Therefore, the inventory as at December 31, 2020 can be calculated as follows;
Inventory at December 31, 2020 = 200,000 pesos × $0.49 = $98,000However, we have to be careful because the question is asking for the amount that Newberry's consolidated balance sheet reports for this inventory at December 31, 2020. Consolidated balance sheet reports are usually prepared at the end of a period, which in this case, is December 31, 2020.
Therefore, we will have to adjust the inventory amount using the exchange rate at the end of the period (December 31, 2020).Thus, the inventory at December 31, 2020, on Newberry's consolidated balance sheet, is 200,000 pesos × $0.49 = $98,000 converted at the exchange rate as at December 31, 2020.So, Newberry's consolidated balance sheet reports $96,200 as inventory at December 31, 2020.
The inventory amount is calculated as follows: Inventory at December 31, 2020 = Inventory as at December 31, 2020 × Exchange rate as at December 31, 2020= $98,000 × 0.49 = $ 96,200 Therefore, Newberry's consolidated balance sheet reports $96,200 as inventory at December 31, 2020.
To know more about consolidated visit:
https://brainly.com/question/28583417
#SPJ11
a company has $90,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current debit balance (before adjustments) in the allowance for doubtful accounts is $800. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for:
The journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $6,200. This adjustment reflects the estimated uncollectible amount based on the company's experience and ensures that the allowance account is properly stated.
To record the adjustment to the allowance account for uncollectible accounts, we need to calculate the amount to be debited to the bad debts expense. We know that the company has $90,000 in outstanding accounts receivable and that experience suggests 6% of outstanding receivables are uncollectible.
Step 1: Calculate the uncollectible amount
$90,000 (outstanding accounts receivable) x 6% (uncollectible rate) = $5,400
Step 2: Determine the adjustment to the allowance account
Since the allowance for doubtful accounts currently has a debit balance of $800, we need to increase it by the uncollectible amount.
$800 (current debit balance) + $5,400 (uncollectible amount) = $6,200
Step 3: Journal entry to record the adjustment
The journal entry will be:
Debit: Bad Debts Expense $6,200
Credit: Allowance for Doubtful Accounts $6,200
Learn more about journal entry
https://brainly.com/question/33438461
#SPJ11
Marcelo has been a junior developer at a large financial technology firm for the past month, and he has just been tasked with a project to build a new system that will store and report on financial invoices for a client. His manager wants him to gain experience communicating with different departments within the business so that he better understands the needs, structure, and roles of departments within the company. Understanding how other teams function and the guidelines they must abide by is important because it will impact how the developer builds the system.
Marcelo understands that his manager is only trying to further his professional development, but he does not understand how sitting through finance or sales meetings will change how he programs. He decides that he is going to try to get started on the project early so that he has something to show the other departments when they meet. When he tries to open up the client’s invoices and identify the best way to systematise them, he notices that they are blocked. He figures that someone must have forgotten to unblock them for him, so he removes the block himself and gets started.
When Marcelo attends the meeting with the finance department to show them the work he has done on the system so far, he displays the system and pulls up a client invoice as an example. All of the members of the department look surprised and concerned. One of the accountants immediately points out that this invoice should be set to private, and asks how Marcelo was able to access it. Marcelo explains that he needed to access all of the invoices in order to create the system, so he unblocked all of them for the duration of his project. The accounting team is furious - this is a significant breach of privacy for the client, as all of their information is supposed to be stored confidentially.
Luckily, Marcelo’s manager was at the meeting to support him and stepped in with a solution. He explains that if the problem is that the information needs to remain confidential and cannot be unblocked externally, he can add a filter so that only internal employees in the finance and development departments could see the information. The accounting team was relieved. This was a workable solution that met their business needs while allowing the project to move forward smoothly. This solution was expanded to all the teams and the business department to be used in the future.
What can Marcelo do differently in the future to more effectively communicate with the other stakeholders in his company?
In the future, Marcelo can effectively communicate with other stakeholders in his company by actively engaging with different departments, seeking their input, understanding their needs,
and respecting their guidelines regarding privacy and data access. By involving relevant teams early on and collaborating with them throughout the project, Marcelo can ensure that his system aligns with their requirements and addresses their concerns. Regular communication, transparency, and active listening will foster a better understanding of how his work impacts other departments and enable him to build more successful and well-rounded solutions.
By actively involving and collaborating with different departments, understanding their needs, and respecting their guidelines, Marcelo can establish better communication channels, address potential concerns, and build more successful solutions that align with the overall goals of the company.
learn more about Marcelo here:
https://brainly.com/question/31958510
#SPJ11
my uncle is in the hospital need someone to tlk too
Answer:
Hey, I'm here if you need. I'm sorry about your uncle being in the hospital, I do hope he gets better.
household consumption accounts for about of u.s. gdp. group of answer choices two-thirds one-half five-sixths one-third one-fourth
Household consumption is an important component of the United States' Gross Domestic Product (GDP), which is a measure of the total value of goods and services produced within the country. Therefore, the answer is: Two-thirds
According to the latest data from the Bureau of Economic Analysis (BEA) for the first quarter of 2021, household consumption accounts for approximately two-thirds of U.S. GDP. In December 2022, the United States' private consumption accounted for 68.5% of its nominal GDP, up from 68.1% in the previous quarter.
It is a crucial element for economic study of demand since it generally accounts for 60% of gross domestic product (GDP). Data for the USA from 1970 through 2021 are provided for that indicator. The average percentage for the USA throughout that time was 64.64 percent, with the lowest number of 59.6 percent occurring in 1973 and the highest value being in 2011. 68.21 percent is the most recent figure from 2021.
Learn more about consumption visit: brainly.com/question/13282888
#SPJ4
consequences of migration on the receiving country
Answer:
Economic growth
Migration boosts the working-age population. Migrants arrive with skills and contribute to human capital development of receiving countries. Migrants also contribute to technological progress. Understanding these impacts is important if our societies are to usefully debate the role of migration.
explain the former assembly and meeting
Answer:
a company of persons gathered for deliberation and legislation, worship, or entertainment is known as formal assembly.
A meeting is a gathering of two or more people that has been convened for the purpose of achieving a common goal through verbal interaction, such as sharing information or reaching agreement.
Which type of policy is considered to be overfunded as stated by irs guidelines A. Modified Whole Life
B. Modified Endowment Contract
C. Variable Universal Life
D. Interest-Sensitive Whole Life
According to IRS guidelines, the type of policy considered to be overfunded is B. Modified Endowment Contract (MEC). Modified Endowment Contract refers to a life insurance policy that has been funded with premiums exceeding certain limits defined by the IRS.
These limits are set to maintain the tax advantages associated with life insurance policies. If a policy qualifies as a MEC, it loses some of the tax benefits that typically apply to life insurance, such as tax-free withdrawals and loans. When a life insurance policy is designated as a MEC, it is considered overfunded in the eyes of the IRS. The premiums paid into the policy have exceeded the limits established by the IRS, and therefore, the policy loses its favorable tax treatment. Modified Whole Life: This term is not directly related to being overfunded according to IRS guidelines. It may refer to a specific type of whole life insurance policy that has some modifications in its features or benefits.
To know more about Insuarance, visit:
https://brainly.com/question/28096733
#SPJ11
The type of policy that is considered to be overfunded as stated by IRS guidelines is B. Modified Endowment Contract (MEC).
Under IRS guidelines, a Modified Endowment Contract is a life insurance policy that has been funded with excessive premium payments, exceeding certain limits set by the tax code. These limits are known as the seven-pay test, which requires that the total premiums paid within the first seven years of the policy's existence do not exceed the total amount required to pay the policy up within that period.
If a life insurance policy fails the seven-pay test and is classified as a Modified Endowment Contract, it loses certain tax advantages associated with life insurance, such as tax-free withdrawals and loans. Instead, any distributions or gains from an MEC may be subject to taxation, similar to other investment vehicles.
Learn more about Modified Endowment Contract (MEC).
https://brainly.com/question/27962259
#SPJ4
How does decreasing your credit card balance affect your income statement? (1 point)
It increases your monthly expenses, increasing the amount you spend each month.
It increases your monthly expenses, giving you more money to spend on other things.
It decreases your monthly expenses, increasing the amount you spend each month.
It decreases your monthly expenses, giving you more money to spend on other things.
The way in which decreasing your credit card balance would affect your income statement is that: D. It decreases your monthly expenses, giving you more money to spend on other things.
What is a credit card?A credit card simply refers to a small, rectangular flat card that is issued by a financial institution to its eligible customers, in order to avail them an opportunity to purchase goods and services on credit, especially based on the agreement that this amount of money would be paid back at a specific time and interest rate.
Generally speaking, a credit card balance can be defined as the total amount of money that an individual owe his or her credit card company. This ultimately implies that, a decrease in credit card balance would cause a decrease in monthly expenses, which avails the credit card holder more money to spend on other things.
Read more on credit card here: brainly.com/question/27808875
#SPJ1
Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle
2. a payday loan
3. an unsecured installment loan
4. It decreases your monthly expenses, giving you more money to spend on other things.
5. Determine or estimate the current value of everything you own.
6. Their ability to repay a loan
7. your prior record of paying your bills and paying off your debts
8. your age and gender
9. You can request one online or over the phone.
10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.
11. -the lender that provided the incorrect information
-the credit bureau that prepared the report
12. right away
13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.
14. The longer the term, the more you will pay in interest.
15. It will cost you less money overall.
16. A store credit card generally comes with a higher interest rate.
17. You will save money if you pay the balance off quickly.
18. -Clarifying the confusing language found on credit card applications.
-Forcing lending companies to disclose interest rates and hidden fees.
19. It banned credit card companies from raising interest rates after missed payments.
20. -a fixed annual charge for the use of a credit card
-a charge if the minimum payment is not paid by the due date
21. paying off the balance before interest can accrue
22. $30
23. Determine which card has the higher interest rate and pay the extra money to that card first.
Explanation: All these answers are correct!
When a driver encounters bad weather,the first thing to do is to look for the controls for things like the defroster,wipers,and lights. True or false
Answer:
true
Explanation:
When a driver encounters bad weather, the first thing to do is to look for the controls for things like the defroster, wipers,and lights is a true statement.
Who is a driver?A driver is a worker who transports customers in a quick, safe, and effective manner. Drivers select routes based on the state of the roads in as well as keeping up with weekly/monthly maintenance schedules for their vehicles and handling on-time payments.
if a person is driving and encounters bad weather it will be in respect to various things like d foster, wiping controlling and the light that is being provided at that point in time. Then that person must first defrost and white the things so that there will not be any kind of damage or accident that might happen on the road or collision with another.
Learn more about driver, here:
https://brainly.com/question/685799
#SPJ5
Which macroeconomic goal do investments in human capital and capital goods contribute to? How?
A
Such investments contribute to the goal of price stability by increasing economic production.
B
Such investments contribute to the goal of economic growth by increasing government spending.
C
Such investments contribute to the goal of price stability by increasing consumer spending.
D
Such investments contribute to the goal of economic growth by increasing economic productivity.
Long Text (essay)
Journal: Please respond to the following:
Why do you think entrepreneurship is important to the economy?
Entrepreneurship is important to the economy as they act as a support system in the growth of the economy.
What is entrepreneurship?A person who has a strong interest in conducting business based on creativity and technology and who is willing to take risks in order to improve the lives of others is referred to as an entrepreneur. This is the process that is known as entrepreneurship.
The ratio of annual production to annual consumption, as well as the analysis of an individual's purchasing power, serve as the primary indicators of a nation's economic health.
By developing new goods and services, businesses encourage the creation of new jobs, which lowers the nation's unemployment rate and raises people's spending power, both of which has the net effect of speeding up economic growth.
Learn more about entrepreneurs, here:
https://brainly.com/question/13897585
#SPJ2
What term defines the prescribed forms and practices of appropriate behavior?.
The term that defines the prescribed forms and practices of appropriate behavior is called etiquette.
What is etiquette?Etiquette are behavior expected to be complied with people. It means acceptable standard of behavior in the society.
Hence, the term that defines the prescribed forms and practices of appropriate behavior is called etiquette.
Learn more about etiquette here : https://brainly.com/question/5718637
#SPJ1
user-owned, nonprofit, cooperative financial institution that is organized for the benefit of its memberscredit union
A cooperative financial institution that is owned by its members and is not for profit. It is a credit union.
Because their members own and run them, credit unions are the most common type of financial cooperative.Only customers with accounts can use these financial institutions, which typically charge interest rates that are higher than the average.
What is the name of a financial institution that is owned by its members?
The people who use credit union services, or members, own and run the institutions.Every vote matters.Members elect a volunteer board of directors to run a credit union.
What does the term "cooperative credit union" mean?
Financial cooperatives known as credit unions are established by an organized group of people who share a common bond.In order to offer loans and other financial services to one another, credit union members pool their assets.
Learn more about credit union here:
https://brainly.com/question/27724710
#SPJ4
A company in Maine sends lobsters to France What is Maine doing? Select three options
Answer:
Following are the answer to this question:
Explanation:
Some information is missing in the question. So, the correct choices can be described as follows:
i) practicing international trade
ii) exporting products
iii) participating in globalization
Maine has been globally traded because its, company transfers it's own goods at international frontiers when a client gives lobster with France in Maine. It exports products as its goods are manufactured in one nation, in this scenario the USA, is one other country, France in this case.Finally, it participates in the process of globalization because the company operates internationally by selling its products.Answer:
B. practicing international trade
C. exporting products
D. participating in globalization
Which describe the type of sediment you might expect to find across the profile?
The type of sediment that you might expect to find across the profile is known as "soil horizons." Soil profiles describe the different layers of soil that one can find across a particular area or landscape.
The type of sediment that one might expect to find across the profile includes organic materials, decomposed plants, animal remains, and minerals.The soil horizon is the layer of soil that forms when organic materials and minerals accumulate over time. A soil horizon is formed from the decomposition of plant and animal remains. The topmost layer of the soil horizon is known as the O horizon, which contains organic matter. The next layer is the A horizon, which contains minerals and organic matter.The B horizon is the third layer of the soil horizon, which contains clay minerals and other materials that have been washed down from the upper layers of the soil. Finally, the C horizon is the layer of soil that contains the parent material from which the other soil horizons are formed.In conclusion, the type of sediment that one might expect to find across the profile includes soil horizons, which are formed from the accumulation of organic materials and minerals over time.
Learn more about soil horizons at https://brainly.com/question/6443552
#SPJ11
Porter is visiting india and would like to purchase some local spices. He finds some spices that cost 320. 38 rupees. If the current exchange rate is 1 dollar:73. 6500 rupees, how much do the spices cost in u. S. Dollars?.
Porter is visiting India and would like to purchase some local spices. So, the spices cost in u. S. Dollars is $ 4.36.
What do you mean by the current exchange rate?An exchange rate determines the price at which one currency will be exchanged for another and has an impact on international trade and money transfers.
Both the value of the home currency and the value of the foreign currency have an impact on exchange rates.
The buying rate and selling rate are the rates at which currency traders will purchase and sell foreign currency, respectively.
Given,
Cost of Spices = 320.38
Exchange rate = 73.6500
Here,
Cost of spices in Dollars = 320.38 / 73.65
Cost of spices in Dollars = 4.36
Therefore, Porter is visiting India and would like to purchase some local spices. So, the spices cost in u. S. Dollars is $ 4.36.
To know more about the current exchange rate, visit:
https://brainly.com/question/15129224
#SPJ1
exhibit 4-2 represents the orange juice market. the horizontal line represents a price ceiling imposed by the government. how many fewer units would be exchanged at the price ceiling compared to the number that would be exchanged at the equilibrium price?
Compared to how many units would be traded at the equilibrium price, 200 fewer units would be traded at the price ceiling.
What happens when the price ceiling exceeds the equilibrium price?A price cap above the level of the equilibrium competitive price will result in a surplus. If the price cap is less than the price at which there is an equilibrium of competition, a scarcity will result.
What effect does the price cap have on the market equilibrium?Because more is desired while less is offered, the equilibrium quantity changes as a function of the ceiling price. The quantity Qd - Qs suffers as a result. Furthermore, a deadweight loss is brought on by the price cap.
What occurs when the equilibrium price is less than the market price?Both a price above and below the equilibrium price will produce surpluses—a price below the equilibrium price will produce a shortage. There is a shortage when the amount needed is greater than the quantity being offered at the current price.
Learn more about price ceiling: https://brainly.com/question/28902587
#SPJ4
if your a real larry fan you can finsh this song
This aint no race but i still take first.....
finsh it
Answer:ooh idk
Explanation:
Answer:
first place.. take yo man just to shove it in yo face..
lolz i haven't listened to that in a while
Explanation:
ttttpppwwkkk
Billkin Company Income Statement For the year ended December 31, Year1 & 2 (dollars in thousands) Year 1 Net sales Less: Cost of goods sold Gross Margin Less: Operating expenses Operating Income Less: Interest expense Income before taxes Less: Income taxes (50%) Net income 75,000.00 52,500.00 22,500.00 11,452.00 11,048.00 400.00 10,648.00 5,324.00 5,324.00 Year 2 50,000.00 35,000.00 15,000.00 10,000.00 5,000.00 400.00 4,600.00 2,300.00 2,300.00 Billkin Company Statement of Retained Earnings For the year ended December 31, Year1 & 2 (dollars in thousands) Year 1 Balance, beginning of period Net income Total Less:Preferred dividends Dividends to common stockholders Balance, ending of period 5,324.00 5,324.00 5,324.00 Year 2 5,324.00 2,300.00 7,624.00 224.00 1,000.00 6,400.00 Billkin Company Comparative balance sheets For the year ended December 31, Year1 & 2 (dollars in thousands) Current Assets Cash Marketable securities Accounts Receivable Inventories Other Total Current Assets Property and equipment Land Buildning and equipment Total long-term assets Total Assets Current Liabilities Notes payable, short term Accounts payable Current maturity of long term debt Accrued payables Total current liabilities Long term liabilities Bonds payable, 10% Total liabilities Stockholder's equity Preferred stock, $25 par, 7% Common stock, $2 par Additional paid in capital Retained earnings Total Equity Total liabilities and stockholder's equity Assets Year 0 Year 1 6,000.00 2,500.00 500.00 2,000.00 5,000.00 10,000.00 3,000.00 800.00 1,500.00 12,300.00 19,000.00 6,000.00 6,000.00 5,000.00 5,000.00 11,000.00 11,000.00 23,300.00 30,000.00 Liabilities and Stockholder's Equity 2,800.00 3,000.00 5,000.00 5,800.00 400.00 400.00 1,500.00 1,876.00 9,700.00 11,076.00 4,000.00 4,000.00 13,700.00 15,076.00 3,200.00 3,200.00 1,600.00 1,600.00 4,800.00 4,800.00 5,324.00 9,600.00 14,924.00 23,300.00 30,000.00 Year 2 1,600.00 1,600.00 8,000.00 10,000.00 800.00 22,000.00 4,000.00 6,000.00 10,000.00 32,000.00 3,200.00 6,400.00 400.00 2,000.00 12,000.00 4,000.00 16,000.00 3,200.00 1,600.00 4,800.00 6,400.00 16,000.00 32,000.00 Instruction: 1 Compute all ratios for YEAR 1 AND YEAR 2 that are found in Liquidity Leverage Profitability ratios 2 Create an overall analysis of the company's performance based on the ratios computed. Make sure analysis is holistic, meaning encompassing the whole company and the relationship of the accounts and their movements. This should help you understand why the company performed such way.
The analysis of Billkin Company performance shows that the company's liquidity deteriorated in year 2, and profitability also declined. However, the company's leverage position improved, and it was efficiently using its assets and equity to generate income.
The following are the calculations of different ratios for the given years,Year 1 ratios:
1. Liquidity Ratios
Current Ratio= Current Assets/Current Liabilities= 10,000/9,700= 1.03
Acid-test Ratio= (Cash+ Marketable Securities +Accounts Receivable)/Current Liabilities
= (6,000+2,500+500)/9,700= 0.91
Inventory Turnover= Cost of Goods Sold/ Inventory= 52,500/2,000= 26.25 times
2. Leverage Ratios
Debt-to-Equity Ratio= Total Debt/ Total Equity= (9,700+4,000)/14,924
= 1.10
Interest Coverage Ratio= Earnings before Interest and Taxes/ Interest Expense= 11,048/400= 27.62 times
3. Profitability Ratios
Net Profit Margin= Net Income/ Net Sales= 5,324/75,000= 0.07
Return on Total Assets= Net Income/Total Assets= 5,324/23,300= 0.23
Return on Equity= Net Income/Total Equity= 5,324/14,924= 0.36Year 2 ratios:
1. Liquidity Ratios
Current Ratio= Current Assets/Current Liabilities= 1,600/12,000=
0.13
Acid-test Ratio= (Cash+ Marketable Securities +Accounts Receivable)/Current Liabilities
= (1,600+8,000+10,000)/12,000
= 1.58
Inventory Turnover= Cost of Goods Sold/ Inventory
= 35,000/800
= 43.75 times
2. Leverage Ratios
Debt-to-Equity Ratio= Total Debt/ Total Equity= (12,000+4,000)/16,000= 0.875
Interest Coverage Ratio= Earnings before Interest and Taxes/ Interest Expense
= 5,000/400= 12.5 times
3. Profitability Ratios
Net Profit Margin= Net Income/ Net Sales= 2,300/50,000
= 0.046
Return on Total Assets= Net Income/Total Assets
= 2,300/32,000
= 0.072
Return on Equity= Net Income/Total Equity
= 2,300/16,000
= 0.144
To know more about leverage visit :
brainly.com/question/31315958
#SPJ11
7. Choose if the product is a Good, a Service, or Both.
buying a bicycle
getting a back massage
getting the plumbing fixed in your house
use of a smartphone app
buying a new AC unit for your house
buying a hamburger
getting your taxes completed by a tax firm
Answer:
1 buying a bicycle it's a good
2 getting a back message it's a service
3 getting the plumbing fixed in your house it's a service
4 use of a smartphone app it's a service
5 buying a new Ac unit for your house it's a service
6 buying a hamburger it's a good
7 getting your taxes completed by a tax firm it's both
A franchise coffee shop has been operating successfully for many years. However, the pandemic has had a dramatic effect on business operations in 2020. The following function models the monthly profit, P, in 1000 dollar increments as a function of t, the number of months from January, 2020. Consider that t = 0 represents the profit in January and t = 1 represents the profit in February, etc.
p(t)=6-sqt(3t+9)
What was the monthly profit in January 2020 in $ (as an integer to the nearest dollar):
Is the profit increasing or decreasing in 2020? Type in either increasing or decreasing:
Find the month in which the profit was zero (type in the name of the month):
Find the average rate of change of profit from t = 0 to t = 3. You will need a calculator.
Round your answer to the nearest dollar per month:
The monthly profit in January 2020 was $3. The profit is increasing in 2020. The month in which the profit was zero is October. The average rate of change of profit from t = 0 to t = 3 is approximately -$0.822 per month.
What was the monthly profit in January 2020, is the profit increasing or decreasing in 2020, what is the month when the profit was zero, and what is the average rate of change of profit from t = 0 to t = 3 rounded to the nearest dollar per month?To find the monthly profit in January 2020, substitute t = 0 into the profit function:
p(0) = 6 - sqrt(3 * 0 + 9) = 6 - sqrt(9) = 6 - 3 = 3Therefore, the monthly profit in January 2020 was $3.
To determine if the profit is increasing or decreasing in 2020, we need to examine the coefficient of t in the profit function.
Since the coefficient of t is positive (3), the profit is increasing in 2020.
To find the month in which the profit was zero, set the profit function equal to zero and solve for t:
6 - sqrt(3t + 9) = 0sqrt(3t + 9) = 63t + 9 = 363t = 27t = 9Since t represents the number of months from January 2020, the month in which the profit was zero is October.
To find the average rate of change of profit from t = 0 to t = 3, we calculate the difference in profit divided by the difference in time:
Average rate of change = (p(3) - p(0)) / (3 - 0)Calculate p(3):
p(3) = 6 - sqrt(3 * 3 + 9) = 6 - sqrt(18) ≈ 0.535Average rate of change = (0.535 - 3) / 3Round the answer to the nearest dollar per month using a calculator.
Learn more about profit
brainly.com/question/29662354
#SPJ11
How have advancements in technology affected advertising? Write a paragraph with three examples.
The advancement in technology affected advertising in the manner that increased the number of platforms, which raised the number of audiences.
What is Advertising?The practice and strategies used to draw attention to a product or service are referred to as advertising. Advertising seeks to bring attention to a product or service by putting it in the limelight.
Technological breakthroughs resulted in the advent of computers, the internet, and smartphones, which connected billions of people's lives.
Not only has the number of platforms expanded, but so has the clarity of audience data, which has supported industry growth. There is a better understanding of who is consuming stuff. To customize your marketing communications, you can leverage data from the first, second, and third parties.
Because of the internet and programmatic advertising, advertisers may now target consumers across hundreds of digital channels.
Learn more about Advertising here:
https://brainly.com/question/3163475
#SPJ1
what do you believe to be the most common or important thing is that shifts demand?
"this is for real estate- if earnest money is not delivered on
time by the designated broker who would be informed first? the
client or the title company?
In real estate, if the designated broker fails to deliver the earnest money on time, the client would typically be informed first, rather than the title company.
1. The earnest money is a deposit made by the buyer to show their commitment to purchasing the property.
2. The designated broker is responsible for handling the earnest money on behalf of the buyer.
3. If the broker fails to deliver the earnest money on time, it is their duty to inform the client, as they are the ones directly involved in the transaction.
4. The client needs to be informed promptly so they can take appropriate action, such as contacting the broker or seeking legal advice if necessary.
5. The title company may eventually become aware of the situation, especially if it affects the progress of the transaction, but they are not typically the first to be informed in this scenario.
If the designated broker fails to deliver the earnest money on time in real estate, the client would be informed first, rather than the title company. The broker should promptly communicate with the client to address the issue and explore possible solutions. It is important for the client to be informed so they can take appropriate action.
In real estate transactions, the earnest money serves as a deposit made by the buyer to demonstrate their seriousness and commitment to purchasing the property. The designated broker, who acts as an intermediary between the buyer and the seller, is responsible for handling the earnest money on behalf of the buyer. However, if the broker fails to deliver the earnest money on time, it is the client who would typically be informed first, rather than the title company.
The reasoning behind this lies in the fact that the client is directly involved in the transaction and has a vested interest in ensuring the timely and accurate handling of the earnest money. Therefore, it is crucial for the broker to promptly communicate with the client in case of any delays or issues with the delivery of the earnest money. By informing the client, they can be kept in the loop and take appropriate action, such as contacting the broker to address the situation or seeking legal advice if necessary.
While the title company may eventually become aware of the situation, especially if it impacts the progress of the transaction, they are not typically the first to be informed in this scenario. Their role primarily revolves around ensuring the proper transfer of ownership and handling the necessary paperwork during the closing process.
In conclusion, if the designated broker fails to deliver the earnest money on time in a real estate transaction, the client should be informed first. Prompt communication between the broker and the client is crucial to address any delays or issues and ensure the smooth progression of the transaction.
Learn more about real estate here:
https://brainly.com/question/31962418
#SPJ11
Total contribution margin less total fixed expenses equals sales revenue gross profit contribution margin ratio operating income
Sales revenue less all fixed costs equals operating profit total contribution margin, which is also known as operating income.
Contribution margin: A source of income or a cost?The contribution margin is the amount of income left over after variable costs related to producing a good have been subtracted. The contribution margin establishes the profitability of each product that a company manufactures and sells.
What is the purpose of the contribution margin format?For analysis and decision-making, the contribution margin income statement is utilised to compare affected and unaffected activity changes. The production, administrative, and selling expenses are distinguished from one another in the traditional income statement, which breaks expenses down by function.
To know more about profit visit:-
https://brainly.com/question/15036999
#SPJ1
Although channels of distribution allow consumers and industrial users access to products from all over the world, they do not guarantee that consumers will be able to purchase anything they want. Tiny time they want. Certain products may only be available in limited supplies. Because of supply and demand, channel members may be able to charge higher prices for coveted products. This may be fine for a designer handbag, but what if the product is more basic, like fresh water or medical supplies? Or, let's say there is a hurricane or tornado in a certain part of the country, and many people need to repair their homes and roofs. Is it OK for channel members to mark up hardware products during this time to make a bigger profit?
Answer:
We can more easily obtain products from all over the world. Channels of distribution allow consumers, industrial users, producers, and other channel intermediaries to save time and money. They also allow us to more easily obtain products from all over the world, since we do not have to travel and search for each individual item we wish to purchase.
In developed countries, if property rights are enforced and contracts in trade are legally respected, it is usually assumed that:
A. output will begin to fall.
B. investment will be encouraged.
C. transaction costs will be zero.
D. government intervention will be unnecessary.
Answer: B. Investment will be encouraged .In developed countries, if property rights are enforced and contracts in trade are legally respected, it is usually assumed that investment will be encouraged.
When property rights are enforced and contracts in trade are legally respected, it creates an environment of trust and stability in the market, which encourages investment in the economy. This, in turn, leads to increased production and economic growth. Transaction costs may still be present, and government intervention may still be necessary in some cases, but the overall effect of a secure market environment is to encourage investment. An investment is an asset or item acquired with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset over time.
To know more about investment here
https://brainly.com/question/14885757
#SPJ4
A tax that takes a higher percentage of income from people with lower
incomes is a
A. progressive tax
B. deductive tax
C. dependent tax
D. regressive tax
A regressive tax is a tax that takes a higher percentage of income from people with lower incomes. Hence, option D is correct.
What is regressive tax?When the overall tax burden drops as income increases, the tax is said to be regressive. While middle- and high-income taxpayers suffer a proportionally smaller part of the tax burden, low-income taxpayers bear a disproportionately large share.
Every taxpayer, regardless of economic level, pays the same amount of money, a regressive tax may initially seem to be a fair method of taxing residents. A closer analysis reveals that such a tax results in lower-income persons paying a bigger percentage of their income than do wealthy ones.
Thus, option D is correct.
For more details about regressive tax, click here:
https://brainly.com/question/9373731
#SPJ2
the cost of production report may include the a.purchase of all raw materials for the year. b.sales commissions on products sold. c.advertising costs. d.direct materials.
The cost of production report typically includes direct materials, which refers to the cost of all the raw materials that were used in production. This may include purchases made throughout the year.
However, the report does not usually include sales commissions on products sold or advertising costs, as these expenses are not directly related to the production process. The cost of the production report and which items it may include. The cost of production report may include: d. Direct materials
A cost of production report typically focuses on the costs directly related to the manufacturing process, which include direct materials. Direct materials are the raw materials that are directly involved in producing the finished goods. Items a, b, and c (purchase of all raw materials for the year, sales commissions on products sold, and advertising costs) are not typically included in the cost of production report as they are not directly related to the manufacturing process. Instead, these items are considered indirect costs and are accounted for separately.
To know more about direct materials visit:
https://brainly.com/question/31081354
#SPJ11
The term _________________ refers to the additional utility provided by one additional unit of consumption.
Answer:
Marginal Utility
Explanation:
Marginial Utility is the term used to describe the additional amount of utility (utils) given by consuming one additional unit of a product.
For example, the first bite of a cupcake could be 20 utils.
If the second bite of cupcake adds 15 utils (up to 35 utils), then the marginal utility is 15 utils.