the production function exhibits Constant Returns to Scale (CRS) which is found with a doubling of inputs leading to a doubling of output.
To determine whether the production function exhibits Decreasing Returns to Scale (DRS), Constant Returns to Scale (CRS), or Increasing Returns to Scale (IRS), we need to analyze the behavior of the production function with respect to changes in inputs.
The production function is given by:
y = L * a * k^(1-a)
where:
y = output
L = labor input
k = capital input
a = a constant between 0 and 1
To examine the scale of production, we can consider a proportional increase in inputs. Let's assume we double all inputs: L' = 2L and k' = 2k.
Plugging these values into the production function, we get:
y' = (2L) * a * (2k)^(1-a)
= 2^a * 2^(1-a) * L * a * k^(1-a)
= 2 * L * a * k^(1-a)
= 2 * y
If the output doubles when inputs are doubled, it indicates Constant Returns to Scale (CRS). In this case, the production function exhibits CRS.
To further clarify, CRS implies that increasing all inputs by a constant proportion will result in an equivalent proportionate increase in output. In this case, a doubling of inputs leads to a doubling of output, which satisfies CRS.
Therefore, the production function exhibits Constant Returns to Scale (CRS).
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Alan is recording payroll that was processed outside of QuickBooks. Which QuickBooks function would be most useful? o Payroll summary o Pay bills o Journal entries o New invoice
A new invoice is recording payroll that was processed outside of QuickBooks. Thus option (D) is correct.
What is payroll?The process of paying employees' salaries is known as payroll. Making a list of the personnel who need to be paid comes first, and recording the expenses comes last. It's a complicated procedure that requires cooperation from numerous teams, including payroll, HR, and finance. Payroll deductions are sums of money taken out of an employee's overall pay to cover taxes, garnishments, and benefits like health insurance.
Invoicing. One of the most important tasks for many organizations, especially those that offer services or depend on independent contractors, is billing. Invoice creation in QuickBooks is simple, whether you're starting from scratch or using a previous estimate. Even an invoice for recurring payments can be created.
Therefore, Thus option (D) is correct.
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which is a cause of system unavailability? A) natural disaster B) incomplete testing C) poor password practices D) poor physical security
Answer:
D) poor physical security
Explanation:
Answer:
A natural disaster
Explanation:
I know it seems weird but I put that and my test on Plato scored it as right
explain any 3 savings offered by postal service
Savings accounts come in a variety of varieties, and they are not all the same. Traditional savings accounts, high-yield savings accounts, money market savings accounts, certificates of deposit, cash management savings accounts, and speciality savings accounts are available.
What postal savings accounts are and how they workFrom 1911 through 1967, the United States ran a postal savings program that allowed people to deposit money in accounts secured by the government and generating interest. However, as commercial banks raised the interest rates on savings accounts, the Postal Savings System's popularity fell, and the program was abandoned in 1967.
What are the finest Post Office savings?The outcomes are guaranteed because this post office initiative is sponsored by the Indian government. The interest rate for the current quarter is 6.8%. (October 2022–December 2022). This fixed-income savings plan has a five-year term. Therefore, the lock-in time is also five years.
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The Consumer Price Index (CPI) is a measure of the change in the cost of goods over time. The index was 100 for the three-year peniod centered on 1983. For simplicity, we will assume that the CPI was exactly 100 in 1982 . Then the CPI of 1984 in 2008 indicates that an item that cost $1.00 in 1982 would cost $1.98 in 2006 . The CP1 has been increasing approximately finearly over the last fow decades: a. Use this information to determine an equation for the CPI in terms of t, which represents the years since-1982. b. Based on the answer to part (a), what was the predicted value of the CPI in 2000 ? Compare this estimate with the actual CPI of 172.5 c. Describe the rate at which the annual CPI is changing. a. y= b. The predided value of the CPI in 2000 was The estimated CPt is the actual CPy. (Round to the nearest tenth as needed.) c. The CPt is increasing at the rate of per year.
The Consumer Price Index measures inflation by pr.pricing a comprehensive basket of goods and services purchased by urban consumers."
a.To determine an equation for the CPI in terms of years since
1982 (t), we can use the given information that the CPI was 100 in 1982 and 1983. We can assume a linear increase in CPI over time. Let's denote the CPI as y and the years since 1982 as t.
We have two data points:
(0, 100) for the year 1982
(2, 198) for the year 1984 (given as 2008 in the problem, but it seems to be a typo)
Using these points, we can find the equation of the line:
slope (m) = (change in y) / (change in t)
= (198 - 100) / (2 - 0)
= 98 / 2
= 49
Using the point-slope form of a linear equation, we have:
y - y1 = m(t - t1), where (t1, y1) is a known point on the line.
Using (0, 100) as the known point, we have:
y - 100 = 49(t - 0)
y - 100 = 49t
y = 49t + 100
Therefore, the equation for the CPI in terms of years since 1982 (t) is:
y = 49t + 100
b. To find the predicted value of the CPI in 2000 (t = 2000 - 1982 = 18), we substitute t = 18 into the equation:
y = 49(18) + 100
y = 882 + 100
y = 982
The predicted value of the CPI in 2000 is 982.
Comparing this estimate with the actual CPI of 172.5, we see that the estimate is significantly higher than the actual value. This suggests that the CPI might have increased at a higher rate than the assumed linear increase over the given time period.
c. The rate at which the annual CPI is changing can be determined by looking at the coefficient of t in the equation. In this case, the coefficient is 49.
Therefore, the CPI is increasing at a rate of 49 units per year
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how do i get an egg out of my fridge????? HELP NEED TO KNOW ASAP
Answer:
open fridge!!!
Explanation:
STEP 1: open fridge
STEP 2: find the egg then grab with hand!!!!!!!!
(Its really hard!!)
The purpose of separately reporting the amounts for unusual and/or infrequent items and discontinued operations is to assist users of the income statement in making forecasts of future earnings.
a. True
b. False
B (False). the purpose of separately reporting the amounts for unusual and/or infrequent items and discontinued operations is not to assist users of the income statement in making forecasts of future earnings.
The correct option is B
It is important for users of financial statements to have a clear understanding of the underlying operating performance of a business. However, it is often the case that a business will experience events that do not represent the ongoing, regular operations of the business. These events, which can be positive or negative, are often referred to as unusual and/or infrequent items.
These unusual or infrequent items are disclosed separately on the income statement to make them stand out and to help the user of the income statement to understand what is and what is not related to the ongoing operating performance of the business. This type of disclosure assists in the evaluation of the underlying performance of the company for a given period of time.
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in the field of marketing research, analytics exclusively uses qualitative techniques to determine performance efficiency. (True or False)
in the field of marketing research, analytics exclusively uses qualitative techniques to determine performance efficiency. This statement is False.
Analytics in marketing research can use both qualitative and quantitative techniques to determine performance efficiency.
Quantitative analytics typically involves statistical analysis of numerical data, such as sales figures, market share, or customer satisfaction ratings, while qualitative analytics involves the analysis of non-numerical data, such as customer feedback or social media posts.
Both qualitative and quantitative techniques can be used in marketing research to provide valuable insights into customer behavior and preferences, market trends, and the effectiveness of marketing campaigns.
Therefore, the statement that analytics exclusively uses qualitative techniques in marketing research is false.
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What element of the marketing mix has a unique role in that it is the place where all other business decisions come together?.
The element of marketing mix that has a unique role in that it is the place where all other business decisions come together is known as Place
What is marketing mix?The marketing mix relates to the collection of steps or strategies employed to sell the brand or commodity on the market by an company.
Elements of marketing mix include:
PlacePricePromotionProductHence, the element of marketing mix that has a unique role in that it is the place where all other business decisions come together is known as the place.
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true or false? effective evaluation measures of a sales force should include both input and output measures.
The given statement " effective evaluation measures of a sales force should include both input and output measures." is True. Evaluation measures of a sales force should aim to provide both input and output measures. Input measures provide information on how effective and efficient the sales force is in utilizing available resources to reach the desired outcomes.
On the other hand, output measures offer details about the actual sales and profits made.The input measures of sales force evaluation typically involve assessing the recruitment, training, and deployment of the sales team members, the working environment, and the available sales tools and resources.
The output measures entail examining the sales volume, revenues, and profits attained over a given period. The ratio of sales to the number of sales representatives and customer feedback, are also commonly used as output measures in sales force evaluation.The use of both input and output measures in sales force evaluation is crucial in identifying the areas of strengths and weaknesses of a sales team.
In addition, both types of measures can help organizations to establish effective strategies to optimize the performance of their sales force. Hence, it is true that effective evaluation measures of a sales force should include both input and output measures.
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What is the central idea of business process design?
Business process design's core tenet is that businesses should design new or alternative systems and processes rather than enhancing already effective systems.
What does design mean?A design is an outline or description for the development of a new system, item, activity, or process, along with the output of that design or extremely detailed of a prototypes, finished good, or methodology. The action of creating a design is indicated by the verb design.
A concept in art is what?a blueprint, outline, or sketch of the layout and composition of a works of art, a building, or a machine that is to be produced or operated.
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The Grossman‐Stiglitz paradox implies that there will always be room for active management.
a. true
b. false
b. False. While the Grossman-Stiglitz paradox does suggest that active management may face significant challenges in generating abnormal returns, it does not necessarily imply that there will always be room for active management in the investment industry.
The Grossman-Stiglitz paradox suggests that in an efficient market, it is difficult for investors to consistently earn abnormal returns, since all available information is already reflected in stock prices. This implies that it is difficult for active managers to outperform the market over the long term, since they must not only overcome transaction costs and management fees but also generate returns that exceed the market's average return.
Therefore, the Grossman-Stiglitz paradox does not necessarily imply that there will always be room for active management. In fact, many investors have turned to passive investing strategies such as index funds and exchange-traded funds (ETFs), which seek to track the performance of a particular market index rather than trying to beat it. Passive investing has become increasingly popular in recent years, due in part to the belief that active management is unlikely to consistently outperform the market.
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Q13: All of the following are characteristics of sole proprietorship except that
(i)There is a single owner
(ii) Profits are shared
(iii)Liability is unlimited
(iv)
They are the most popular type of business firms.
The following are characteristics of sole proprietorship except that they are the most popular type of business firm.
A sole proprietorship is a business owned and run by a single person who is solely responsible for its operations, profits, and losses.
A sole proprietorship has several characteristics, but the most outstanding feature is that the owner is the business.
(i) There is a single owner(ii) Profits are shared(iii) Liability is unlimited(iv) They are the most popular type of business firm.
A sole proprietorship does not refer to the most popular type of business firm; it refers to a business owned and run by a single person. Therefore, the correct option is (iv) They are the most popular type of business firm.
A sole proprietorship has a limitation to its growth because the business's resources are limited to the owner's assets, skills, knowledge, and experience. A sole proprietorship can, however, become a partnership or a company if the owner decides to invite other people to join in the ownership of the business.
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question suppose that the government imposes a per-unit tax on the producers of a good that has a perfectly inelastic demand. after the tax, the price and quantity of the good sold would change in which of the following ways? responses price quantity increase increaseprice quantity increase increase , price quantity increase decreaseprice quantity increase decrease , price quantity increase not changeprice quantity increase not change , price quantity not change increaseprice quantity not change increase , price quantity decrease not change
If a good has a perfectly inelastic demand, it means that consumers are willing to pay the same price for the good regardless of changes in quantity. The correct option is C.
When the government imposes a per-unit tax on the producers of this good, it will increase the cost of production for the producers. This means that the producers will have to increase their price to maintain their profits. However, since the demand for the good is inelastic, consumers will still be willing to pay the same price for the good, and therefore the quantity sold will remain the same.
This also means that the producers have the power to set the price without affecting the quantity sold.
Therefore, the price of the good will increase, but the quantity sold will not change. The correct option C: price will increase, but quantity will not change.
It is important to note that if the demand for the good was elastic, the tax would have led to a decrease in quantity sold since consumers would be less willing to pay the higher price. The extent to which a tax affects price and quantity depends on the elasticity of demand.
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a country has a comparative advantage in the production of a good if it can____
A nation does have a comparative advantage economically when it can produce with a lower cost of opportunity than its trading partners.
How did you define production?Producing products and services that meet consumer demands is known as production. The method yields the final product. Land, capital, labour, with structure make up the four components of production.
What is production and example?
In the simplest basic sense, it just relates to a production process or its result. Economists refer to producing firms as producers. These businesses think about marketing products to consumers. For instance, a clothing company produces clothing for clients.
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Which statement best describes the first draft of a piece of business writing?
A.
It’s the result of several rounds of revision.
B.
It’s usually ready to be published.
C.
It doesn’t have any grammatical errors.
D.
It needs further development and editing.
E.
It has clear organization in each section.
Answer:
D. It needs further development and editing.
Explanation: The first draft has the main ideas, but it probably has misspelled words, grammatical errors, and punctuation that must be corrected. It may need reorganization and more development before it is ready for publication.
Answer:
D It needs further development and editing.
Explanation:
plato edmentum
Each pail of plaster covers 97 square feet of ceiling. How many pails of plaster would you need to buy to cover the ceiling of a room with walls 14 feet long?
Answer:
2.02
Explanation:
Each pail of plaster covers 97 Square feet of ceiling
The ceiling of the room is 14 ft long
= 14×14
= 196
Therefore the pail of plaster that will be needed to cover the rooms can be calculated as follows
= 196/97
= 2.02
A politician in a small town notices that many citizens in the town cannot find work. In order to assist these individuals in finding work, the politician proposes that all unemployed adults be made eligible for a large monthly cash payment to help them meet basic needs during their job search. Which of the following is true regarding the goal alignment of this program?
a. The goals of the politician and the goals are the job seekers would be aligned, since unemployed individuals would have a stronger incentive to remain employed.
b. The goals of the politician and the goals of the job seekers would not be aligned, since unemployed individuals would have a stronger incentive to remain unemployed.
c. The goals of the politician and the goals of the job seekers would be aligned, since unemployed individuals would have a stronger incentive to look for work.
Answer:
b. The goals of the politician and the goals of the job seekers would not be aligned, since unemployed individuals would have a stronger incentive to remain unemployed
Explanation:
Unemployed people would have the incentive to seek employment so as to meet basic needs. But if the politician is already meeting that need, there would be no incentive for the unemployed to seek employment. So, the goal of the politician and job seekers aren't aligned.
Which of the following exemplifies a worker-oriented approach to job analysis?
A. operates lottery machine, handles cash transactions, works with the public
B. publishes one research article and complete at least one research grant a year
C. works well under pressure and in group situations
D. works with large exotic animals
The worker-oriented approach to job analysis is D. works with large exotic animals.
A worker-oriented job analysis approach refers to a job analysis process that focuses on the employee's needs and the skills they bring to the job, rather than on the job's requirements or the employer's needs. The worker-oriented approach may include interviews, job observations, and focus groups, and it may be conducted by an external consultant, an internal employee, or a combination of both. An analysis of jobs by the worker-oriented approach looks at the capabilities, knowledge, and skills required to accomplish tasks, as well as the employee's physical, emotional, and intellectual demands.
Additionally, the worker-oriented approach assesses the work environment and the tools required to perform tasks. For instance, the works with large exotic animals can be a worker-oriented approach as it requires specific expertise and skills to work with these animals. These job positions necessitate extensive training, special equipment, and safety procedures to safeguard the worker's well-being while working with the animals.
Work examination is the most common way of get-together and dissecting data about the substance and the human necessities of occupations, as well as the setting where occupations are performed. The placement of jobs is determined through this procedure.
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All of the following are examples of sources of discretionary financing EXCEPT a. common stock. b. bank loans. c. notes payable. d. trade credit.
All of the following are examples of sources of discretionary financing, except a. common stock.
Discretionary financing refers to the funds a company has available to use at its discretion to finance its operations or investments. These funds can be generated from several sources, including common stock, bank loans, notes payable, trade credit, and other forms of financing that are not mandatory.
Common stock refers to shares of ownership that investors purchase in a company, which affords them the rights to vote on corporate decisions and receive dividends. It is not considered a discretionary source of financing since it involves the sale of ownership in the company rather than the use of discretionary funds.
On the other hand, bank loans, notes payable, and trade credit are all considered discretionary sources of financing because they provide funds that the company can choose to use as needed for its operations or investments.
In conclusion, common stock is not considered a source of discretionary financing, whereas bank loans, notes payable, trade credit, and other forms of financing are examples of discretionary financing that a company may choose to use to finance its operations or investments.
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Tax and spending decisions made by the president and Congress.
fiscal policy
fiscal period
fiscal expenses
Any tax and spending decisions made by the president and Congress is known as a fiscal policy.
What is a fiscal policy?In economics, a fiscal policy refers to those policy that are used by governments to stabilize the economy, most specifically, by manipulating allocations of taxes and government expenditures. These policies are used in tandem with monetary policy to achieve certain goals.
In an overview, the goals of both fiscal and monetary policy are to maintain full employment, high rate of economic growth and stabilize prices and wages. Therefore, the tax and spending decisions made by the president and Congress is known as a fiscal policy.
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Renter Expenses
What expenses do you need to budget for if you choose to rent a home? Check all that apply.
a mortgage payment
a rent payment
homeowners insurance
renters insurance
property taxes
a security deposit
utility payments
When choosing to rent a home, the following expenses should be considered and budgeted for:
Rent payment: The primary expense when renting a home is the monthly rent payment, which is typically paid to the landlord or property management company.Renters insurance: Renters insurance is a type of insurance that provides coverage for personal belongings and liability protection in case of accidents or damages within the rented property. It is generally recommended for tenants to protect their belongings.Security deposit: Most landlords require tenants to pay a security deposit upfront, which serves as a form of protection for the landlord against any potential damages or unpaid rent. The security deposit is usually refundable at the end of the tenancy, provided there are no damages beyond normal wear and tear.Utility payments: As a renter, you will likely be responsible for paying utilities such as electricity, water, gas, and possibly other services like internet and cable. These costs can vary depending on the size of the property and your usage.Homeowners insurance: Homeowners insurance is not an expense for renters. It is typically of the property owner to have insurance coverage for the property itself, including the structure and any liabilities associated with it.In summary, when renting a home, you need to budget for rent payment, renters insurance, security deposit, and utility payments. Homeowners insurance and property taxes are not expenses that renters typically have to pay.
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Answer:
b, d, f, g
Explanation:
A corporation announces a dividend of $.10 per share. If you own 1,500 shares of stock, how much money in dividends will you receive?
$150 money in dividends will you receive. That is $.10 per stock *1,500 shares= $150.The total of a company's declared dividends issued for each outstanding investors share of its common stock is known as the dividend per share (DPS).
The amount is determined by dividing the total dividends paid out by a company over a period of time, typically a year, including interim dividends, by the total number of outstanding ordinary shares issued. DPS is a crucial statistic for investors since the amount of dividends a company pays out directly translates to shareholder income. It is the simplest calculation an investor may uses.
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Why is uncertainty important and when should it be stated?
How do statistics (eg. T-test) effect equivalency?
1-Uncertainty is important because it is the measure of the level of confidence one can have in a statistical result. Stating the uncertainty, in particular, the confidence interval is crucial to convey the precision of the estimate obtained in the sample.
2-Statistical methods help researchers infer about the population based on the sample, and the level of confidence in the estimate is a function of both the sample size and the precision of the estimate.
3-Therefore, the smaller the sample size or the less precise the estimate, the greater the uncertainty around it.Statistical tests such as the T-test help researchers determine if the difference between two groups is significant or due to chance.
4-If the difference is statistically significant, it means that the difference is unlikely to have occurred by chance alone and can be attributed to the factor being tested, such as a treatment or an intervention.
5-If the difference is not statistically significant, it means that there is no strong evidence to support the idea that the difference is anything other than chance.
6-Statistical tests affect equivalency by comparing the means of two groups and determining if the difference is significant. If the difference is significant, then the groups are not equivalent, and there is a clear distinction between them.
7-If the difference is not significant, then the groups are equivalent, and any differences between them can be attributed to chance. Therefore, statistical tests are essential to determine the level of equivalency between two groups.
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on january 1, 2022, woodstock, inc. purchased a machine costing $40,000. woodstock also paid $1,000 for transportation and installation. the expected useful life of the machine is 6 years and the residual value is $5,000. how much is the annual depreciation expense assuming use of the straight-line depreciation method?
a. $6,100.
b. $6,000.
c. $5,950.
d. $5,750.
The annual depreciation expense assuming the use of the straight-line depreciation method is $6,000. Option B.
Calculation:
Annual depreciation under SLM:
= (Asset cost-Salvage value) + Useful life of the asset
= ($40,000+$1,000 - $5,000)/6
= $36,000/6
= $6,000
Residual value, also called residual value, is the estimated value of an item of property, plant, and equipment at the end of the lease term or useful life. In a leasing situation, the lessor uses the residual value as one of the primary ways to determine how much the lessee will pay in regular lease payments. Residual value is one of the components of a lease calculation or transaction.
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The interest-rate effect creates a downward sloping aggregate demand curve because a higher price level ______. Multiple choice question. decreases money demand which decreases interest rates and decreases the amount of real GDP increases money demand which increases interest rates and decreases the amount of real GDP increases money demand which decreases interest rates and decreases the amount of real GDP increases money demand which increases interest rates and increases the amount of real GDP
interest-rate effect usually bring about downward sloping aggregate demand curve which is as result of higher price level causes Increases money demand which increases interest rates and decreases the amount of real GDP.
The interest rate effect can be regarded as the change in borrowing as well as spending behaviors which do occur when adjustment has been made to the interest rate.This effect do cause the aggregate demand curve to slope, and this is as a result of higher price level that make the money demand to increase.Therefore, an increase in interest rates as well as decreases in the amount of real GDP.
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Identify an accurate statement about behavioral targeting. Multiple choice question. It has made it harder for firms to target smaller segments. It focuses on larger markets rather than market segments. It has enabled firms to target large market segments for the first time. It makes individualized communication more cost effective.
The statement "It makes individualized communication more cost effective" is an accurate statement about behavioral targeting.
Behavioral targeting is a marketing process where companies use user information of uses to appeal to the public and make advertisements based on their interests. This is a marketing ploy used by businesses to make advertisements accordingly.
Behavioral targeting is done by tracking the online activity of consumers and making advertisements related to their browsing history. For instance, the ads that we see on different sites are based on whatever we browse on online shopping sites. This is how companies or servers use our browsing history, web searches, purchases, or even frequented sites to try to appeal to our interests. In this regard, behavioral targeting makes individualized communication more cost-effective.Behavioral targeting is when consumers are targeted based on their web searches and purchasing history by using this information to show ads related to such activities. Thus, the correct answer is the fourth option.
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The bond has a coupon rate of 5.57 percent, it makes semiannual payments, and there are 5 months to the next coupon payment. The bond has a clean price of $923 and the par value is $1,000. What is the invoice price?
If the bond has a clean price of $923 and the par value is $1,000. is the invoice price is $946.21.
How to find then invoice price?First step is to find the accrued interest
Accrued interest = ($1,000 × 5.57%) × 5/6
Accrued interest= $55.7/2 x5/6
Accrued interest= $23.21
Now let find the dirty price using this formula
Dirty price = clean price + accrued interest
dirty price = $923+ $23.21
dirty price = $946.21
Therefore the invoice price is the amount of $946.21.
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(e) Choose the gerund form of the verb from the following.
(1) swim (ii) swimmer (ii) swam
(iv) swimming
Answer:
I believe the answer is swimming. I apologize if it is not. I hope this helped a little.
Brianna focuses on her duty to family and work and bases her actions on the expectations of various groups in her life. At which stage of individual ethics is Brianna?a. Postconventional b. Code of conduct c. Conventional d. Preconventional
Brianna is at the Postconventional stage of individual ethics if she based her behavior on the demands of her family and job while concentrating on her ethical obligations to both.
According to Kohlberg's paradigm, the ultimate level of morality is when a person has created their own set of values that guide their behavior. This is known as nonconventional morality. Most of the time, people's ethics and morality align with social customs, regulations, and norms, yet Postconventional there can be contradictions between what society considers to be right and wrong. When these conflicts arise, the person should follow their own moral principles, according to postconventional morality.
Before the Civil War, the Northern states provided a good illustration of conventional morality. Even though Northerners did not own slaves, they were nonetheless required to give in any slaves they were aware of in order for the slave to be restored to his or her Southern master.
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Please help. I will mark you as brainliest !!
Compare and contrast the different types of business ownership.
a. Fill in the following chart to compare and contrast sole proprietorships and partnerships.
Type of Ownership
General
Pros
Cons
Characteristics
Sole Proprietorship
Partnership
Answer: Compare and contrast three forms of business organization—sole proprietorship, partnership, and corporation with regards to number of owners, liability, lifespan, decision making, and taxation. Sole proprietorship's are firms legally owned by only one person. Partnerships are firms legally owned by two or more people.
Explanation: I hope that helped! Mark me as brainlist.