Answer:
Outstanding checks
Explanation:
One of the reasons why a cash book and a bank statement might not show identical entries arise from outstanding checks.
Outstanding checks are payments that have not yet been cleared and debited to the account at the bank.
The use of a debit card is most like:
By comparing prices at different stores, consumers will:
By comparing prices at different stores, consumers will save money and make informed purchasing decisions.
How can comparing prices at different stores benefit consumers?Comparing prices at different stores allows consumers to make informed purchasing decisions and save money. By taking the time to research and compare prices, consumers can identify the best deals and discounts available for the products they intend to buy.
This practice helps them ensure that they are getting the most value for their money. It can also help consumers uncover any price discrepancies or inflated prices allowing them to avoid overpaying for goods and services.
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Which of the following choices represents two consumers?
A grass and grasshopper
B.rabbit and dog
C. mushroom and frog
D.turtle and flower
I need help ASAP
Answer:
Option B
Hope it helps..
The choice that represents two types of customers is B.rabbit and dog.
What kind of customers are rabbits and dogs?Rabbits are a type of customer that will not pay very much for the goods they buy. They prefer cheap things.
Dogs on the other hand, are easier to negotiate with to make profits because they usually accept a price as it is.
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17. Which of the following parcels of land is
the smallest?
a. Two sections
b. Two square miles
c. 1,280 acres
d. 5% of a township
Answer:
The answer would be a. Two Sections.
Explanation:
The reason why the answer is a. is because two sections is smaller than any other of the options given.
Two sections are the smallest parcels of the land. Two sections are smaller than any other option given. The correct option is a.
What do you understand about the word land?Land, also known as dry land, ground, or earth, is the solid terrestrial surface of Earth not submerged by the ocean or another body of water. It makes up 29% of Earth's surface and includes all continents and islands.
Earth's land surface is almost entirely covered by regolith, a layer of rock, soil, and minerals that forms the outer part of the crust. Land plays important role in Earth's climate system and is involved in the carbon cycle, nitrogen cycle, and water cycle. One-third of the land is covered in trees, another third is used for agriculture, and 10% is covered in permanent snow and glaciers. Land terrain varies greatly and consists of mountains, deserts, plains, plateaus, glaciers, and other landforms. In physical geology, the land is divided into two major categories: mountain ranges and relatively flat interiors called cratons.
Both are formed over millions of years through plate tectonics.
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Deming management proposed ideas for making organizations more responsive, more democratic, and ______.
Deming management proposed ideas for making organizations more responsive, more democratic, and less wasteful.
All organizations aim towards optimizing their processes to achieve the best environment to discharge their duties. Deming management is one of such businesses that optimize their processes.
They made their organization responsive by setting up processes that will enable the organization to respond more quickly to business needs. They also made their organization more democratic by making it easier for their employees to approach their bosses with business needs.Learn more about the roles of Managements here:
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Both Wisconsin and Illinois border Lake Michigan. The lake is becoming polluted and both states are deciding whether or not to clean it. If Wisconsin decides to clean the lake it will cost 1200 and generate social benefits of 1500 – however, Wisconsin will receive only 1100 of those social benefits while neighbor Illinois will receive the other 400. If Illinois cleans the lake, it will cost them 700 and generate social benefits of 900 – however, Illinois will receive only 600 of those benefits, Wisconsin will receive the remaining 300. If a state does not clean the lake, it experiences a cost of $0. In the absence of any agreement, the outcome of this game will be
In The absence of any form of agreement the outcome that would be here would be Wisconsin not cleaning the lake, Illinois cleaning the lake.
What is game theory?This is the theory that is used in economics to determine the best possible payout for two companies.
It tells us of the strategies that both parties would have to put in place when they are stuck at competitive positions.
Cleaning of polluted lake is going to bring about positive externalities and society will be the one to benefit.
For WisconsinCost of cleaning = 1200 ;
benefit = 1500
But the payout is 1100, hence Wisconsin losses 100
For Illinoiscost of cleaning is 700
social benefit to society is 900
They would receive 600 and also lose 100.
The gain Illinois receives from Wisconsin is 400 while the gain Wisconsin receives from Illinois is 300.
So we to conclude that The best thing would be Wisconsin not cleaning the lake, Illinois cleaning the lake.
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how do supply and demand work together to influence the price of a product
Pacific Ink had beginning work-in-process inventory of $959,660 on October 1. Of this amount, $402,560 was the cost of direct materials and $557,100 was the cost of conversion. The 58,000 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs. During October, 122,000 units were transferred out and 40,000 remained in ending inventory. The units in ending inventory were 80 percent complete with respect to direct materials and 40 percent complete with respect to conversion costs. Costs incurred during the period amounted to $3,005,200 for direct materials and $3,786,840 for conversion.
Required:
Compute the costs of goods transferred out and the ending inventory using the weighted-average method.
Answer:
Pacific Ink
Cost of goods transferred out = $6,540,420
Ending inventory = $1,211,840
Explanation:
a) Data and Calculations:
Units Materials Conversion Total
Beginning WIP inventory $402,560 $557,100 $959,660
Costs incurred during the period $3,005,200 $3,786,840 $6,792,040
Total production costs $3,407,700 $4,343,940 $7,751,700
Units in WIP inventory 58,000 30% 30%
Units transferred out 122,000 100% 100%
Ending inventory 40,000 80% 40%
Units started 104,000 (122,000 + 40,000 - 58,000)
Equivalent unit of production Units Materials Conversion
Units transferred out 122,000 122,000 122,000
Ending inventory 40,000 32,000 16,000
Equivalent units 154,000 138,000
Cost per equivalent unit:
Total production costs $3,407,700 $4,343,940
Equivalent units 154,000 138,000
Cost per equivalent unit $22.13 $31.48
Costs assigned to:
Cost of goods transferred out $2,699,860 $3,840,560 $6,540,420
Ending inventory 708,160 503,680 1,211,840
Total costs assigned $3,408,020 $4,344,240 $7,752,260
A company reports the following income statement and balance sheet information for the current year:
Net income $424,000 Interest expense 80,000 Average total assets 4,200,000
Determine the return on total assets. (Round percentages to one decimal place.)
______%
Answer:
10.1%
Explanation:
Given the above information, return on total asset is computed as;
Return on total asset = Net income / Average total assets
Net income = $24,000
Average total assets = $4,200,000
Therefore,
Return on total assets = $424,000 / $4,200,000
Return on total assets = 10.1%
Answer:
10.1%
Explanation:
Determine the return on total assets. (Round percentages to one decimal place.) 10.1%
Hale’s TV Productions is considering producing a pilot for a comedy series in the hope of selling it to a major television network. The network may decide to reject the series, but it may also decide to purchase the rights to the series for either one or two years. At this point in time, Hale may either produce the pilot and wait for the network’s decision or transfer the rights for the pilot and series to a competitor for $100,000. Hale’s decision alternatives and profits (in thousands of dollars) are as follows:
State of Nature
Decision Alternative
Reject, s1
1 Year, s2
2 Years, s3
Produce pilot, d1
-100
50
150
Sell to competitor, d2
100
100
100
The probabilities for the states of nature are P(s1) = 0.20, P(s2) = 0.30, and P(s3) = 0.50. For a consulting fee of $5000, an agency will review the plans for the comedy series and indicate the overall chances of a favorable network reaction to the series. Assume that the agency review will result in a favorable (F) or an unfavorable (U) review and that the following probabilities are relevant:
P(F) = 0.69
P(s1 | F) = 0.09
P(s1 | U) = 0.45
P(U) = 0.31
P(s2 | F) = 0.26
P(s2 | U) = 0.39
P(s3 | F) = 0.65
P(s3 | U) = 0.16
Construct a decision tree for this problem.
What is the recommended decision if the agency opinion is not used? What is the expected value?
Answer:
To construct the decision tree, we can follow these steps:
1. Start with the initial decision nodes representing the two decision alternatives: "Produce pilot" (d1) and "Sell to competitor" (d2).
2. Assign the payoffs for each decision alternative under each state of nature.
3. Add chance nodes for each state of nature and connect them to the corresponding decision alternatives.
4. Assign the probabilities of each state of nature at the chance nodes.
5. Calculate the expected payoffs at each chance node by multiplying the payoffs with their respective probabilities and summing them up.
6. Determine the optimal decision by comparing the expected payoffs at the initial decision nodes.
Here is the decision tree for this problem:
| Produce pilot (d1)
| -100
|____________
/|\
/ | \
/ | \
/ | \
P(F) = 0.69 / | \ P(U) = 0.31
/ | \
/ | \
/ | \
/ | \
s1 / | \ s2
/ | \
/ | \
/ | \
/ | \
/ | \
50 | F U F | 100
| |
| |
| |
| s3 | s3
| |
150| F | 100
|_______________________________|
If the agency opinion is not used, the recommended decision would be to produce the pilot (d1) since it has a higher expected value compared to selling to the competitor (d2).
To calculate the expected value:
Expected value (d1) = (-100 * P(s1 | F) * P(F)) + (50 * P(s2 | F) * P(F)) + (150 * P(s3 | F) * P(F))
= (-100 * 0.09 * 0.69) + (50 * 0.26 * 0.69) + (150 * 0.65 * 0.69)
= -6.93 + 8.97 + 66.88
= 68.92
Expected value (d2) = (100 * P(s1 | U) * P(U)) + (100 * P(s2 | U) * P(U)) + (100 * P(s3 | U) * P(U))
= (100 * 0.45 * 0.31) + (100 * 0.39 * 0.31) + (100 * 0.16 * 0.31)
= 13.95 + 12.09 + 4.96
= 30
Comparing the expected values, the recommended decision is to produce the pilot (d1) with an expected value of 68.92.
a decrease in the price of a rivertown ltd. depths dredger, which is a commercial mining product used for underwater mineral extraction, made in the u.s., but not bought by u.s. consumers
A reduction in the price of a rivertown ltd. depth dredge, which is a commercial mining product used for underwater mineral extraction, manufactured in the US but not purchased by the US. consumers is probably due to external economic factors.
What factors influence the internal and external economy?The economy is influenced by a number of factors, the internal economy of a country, is determined by political factors, fiscal policy, and the law of supply and demand. Foreign policy is determined by exchange rates, import taxes and global tariffs.
Therefore, a reduction in the price of an imported or exported product can be caused by a series of factors in the global economy.
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2- Mention (5) problems Created by lack of Tap
Answer:
Explanation:
The lack of tap water can create several problems, including:
Health risks: The absence of clean tap water may lead to the spread of water-borne diseases. People may be forced to use contaminated water sources, which can cause illnesses such as cholera, typhoid, and dysentery.
Increased financial burden: People who do not have access to tap water may have to spend a significant amount of money on purchasing bottled water or water from tankers. This can increase their financial burden, particularly for those living in poverty.
Difficulty in daily chores: The lack of tap water can make it difficult for people to carry out daily tasks, such as cooking, cleaning, and washing. This can affect their quality of life and productivity.
Impact on education: The lack of tap water can also affect the education of children, particularly girls. They may be required to collect water from distant sources, which can consume a lot of their time and leave little time for studies.
Social inequality: The absence of tap water can deepen social inequality, as people from marginalized communities and rural areas are more likely to be affected. Lack of access to clean water can perpetuate poverty, limit economic opportunities, and exacerbate existing social disparities.
1. What are the strengths and weaknesses of each applicant?
2. Which applicant would you hire? Why?
3. Which applicant do you think Claude and Cyril hired? Why?
The requirements of the position should be reflected in your strengths and weaknesses.In general, your skills that are supported by experience should be your strengths
If communication is one of your strengths, for instance, you might want to think of a time when you used it to achieve a goal or solve a problem.
If you emphasize your desire to acquire this skill through a course or program, your weaknesses can include a hard skill set in the job description. Also, if you list a soft skill you don't have, you should have a plan to learn or improve it.
"What are your advantages and disadvantages?" in a conversation.Candidates will typically be asked to describe their strengths and weaknesses during job interviews. Candidates should think about the best way to respond to this question before an interview so that the information is useful to employers and does not hurt your chances of getting hired.
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Suppose that you receive a weekly income of $100, which you spend entirely on pizza and deluxe hamburgers. The price of a pizza is $10 and the price of a hamburger is $5. On a diagram, draw a line that shows your consumption possibilities. What is the opportunity cost of a hamburger? Would the opportunity cost of a hamburger change if the prices of pizza and hamburgers were cut in half? Calculate the opportunity cost of a pizza and a hamburger for each of the following changes:
The opportunity cost of a hamburger is -1/2 of a pizza, and it remains the same even if the prices of pizza and hamburgers are cut in half.
To draw the consumption possibilities line, we can use a simple graph with pizzas (x-axis) and deluxe hamburgers (y-axis) as the two goods. Let's assume that the horizontal axis represents the quantity of pizzas and the vertical axis represents the quantity of deluxe hamburgers.
Given that the price of a pizza is $10 and the price of a hamburger is $5, we can plot the consumption possibilities by dividing the weekly income of $100 by the respective prices. This gives us the following points:
With $100, you can buy 10 pizzas ($100 / $10 = 10) and 20 deluxe hamburgers ($100 / $5 = 20). Plot this point on the graph as (10, 20).
Now, let's consider the opportunity cost.
The opportunity cost is the value of the next best alternative that is forgone when a choice is made. In this case, it represents the number of pizzas you have to give up to obtain an additional hamburger, or vice versa.
The opportunity cost of a hamburger can be calculated by finding the slope of the consumption possibilities line. The slope represents the rate at which one good is traded for the other. In this case, the slope is -10/20, which simplifies to -1/2. This means that for each additional hamburger, you have to give up 1/2 of a pizza.
If the prices of pizza and hamburgers were cut in half, the new prices would be $5 for a pizza and $2.50 for a hamburger. This change in prices would not affect the consumption possibilities line.
The line would remain the same, indicating the combinations of pizzas and hamburgers that can be purchased with the given income. However, the specific points on the line would change.
The opportunity cost of a hamburger would still be -1/2 of a pizza, as the ratio between the prices and the opportunity cost remain the same.
In summary:
Opportunity cost of a hamburger: -1/2 of a pizza
Opportunity cost of a pizza: 2 hamburgers (since the reciprocal of -1/2 is -2/1, meaning you would have to give up 2 hamburgers to obtain an additional pizza)
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THE FOLLOWING INFO IS AVAILABLE FOR BERLIN CORPORATION FOR THE YEAR ENDING 12/31/20. OTHER REVENUE/GAINS= 12700, OTHER EXPENSES/LOSSES=13300, COST OF GOODS SOLD= 156000SALES 592000, OPERATING EXPENSES= 186000, SALES RETURNS= 40000. PREPARE A STEP-BY-STEP INCOME STATEMENT. TAX RATE IS 30 PERCENT
Based on the information available for Berlin Corporation, the step - by - step income statement would be:
Berlin Corporation.
Income Statement
Sales Revenue $592,000
Less: Sales Return $40, 000
Net Sales $552, 000
Less : Cost of Goods sold ($156, 000)
Gross Profit $396, 000
Less Operating expenses: (186, 000)
Income from operations $210, 000
Other Revenue /Gains 12, 700
Other Expenses /Losses (13, 300) ( 600 )
Income before income taxes $209 ,400
Less: Income tax expense ($62, 820)
Net Income / (Loss) $146,580
What goes into an income statement?An income statement is the financial document that is used to find the amount of net income or loss that a company made in a certain period of time which is often a year or a quarter.
The main components of a net income statement are the revenue, the cost of goods sold, the gross profit, the operating expenses, and the net income.
To find the net income, subtract cost of goods sold and the operating expenses from the sales revenue.
In this case, you need to find the taxes to Berlin Corporation as well:
= Income before taxes x Income tax rate
= 209, 400 x 30%
= $62, 820
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Raoul buys a new cell phone with his credit card. This new charge means his debt will
Answer:
increase
Explanation:
i bench 225
Lux Ladies, Inc., is a company that specializes in expensive and unusual gifts for all occasions. It keeps a large file of information on all of its regular customers, including names, addresses, and type of gifts they have ordered in the past, and the size and frequency of their orders. The electronic file which stores this information is a(n)
Select one:
a. spreadsheet.
b. MP3 file.
c. PERT file.
d. database.
Option D. The database is the The electronic file which stores this information for the company Lux Ladies, Inc.
What is a database?A database in computing is a structured collection of data that is electronically accessible and stored. Large databases are housed on computer clusters or cloud storage, whilst small databases can be stored on a file system.
A database is a collection of data that has been organized to make it simple to manage and update. Data records or files containing information, including as sales transactions, customer information, financial data, and product information, are often aggregated and stored in computer databases.
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Describe FIVE (5) factors that are reshaping and refining the manager job.
FIVE (5) factors that are reshaping and refining the manager job.
1. The increasing complexity of organizations
2. The increasing need for managers to be able to deal with change
3. The increasing importance of communication and interpersonal skills
4. The increasing need for managers to be able to work in teams
5. The increasing importance of strategic thinking
What is manager job?
Generally speaking, an effective job title will mention the broad term, the amount of experience, and any unique qualifications. Your job title will be optimised to appear in a broad search for similar jobs when you use the general word. By describing the level of responsibility and prerequisite expertise, the level of experience will assist you in attracting the most qualified candidates. Additionally, if your role requires specialisation, think about incorporating that information in the job title. If you want people to click on your job posting, make sure they understand what it is before utilising internal titles, abbreviations, or acronyms.
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You can get some great new space for $126,000 per year. You will be leasing 3,900 square feet. What will your rent be per
square foot per year?
a) $25 / sq ft
b) 5327 sq ft
O c) 544 / sq ft
d) $627 sq Ft
Answer: $32.31 per ft²
Explanation:
You can rent 3,900 ft² for the year at $126,000.
In order to find out how much you are renting each ft² for, divide the rent being paid by the ft² being rented:
= Yearly rent / Square feet rented
= 126,000 / 3,900
= 32.3076923
= $32.31 per ft²
Options are not for this variant of the question.
If the central bank can act as a lender of last resort during a banking panic, banks can.
If the central bank can act as a lender of last resort during a banking panic, banks can satisfy customer withdrawal needs and eventually restore the public's faith in the banking system.
A financial institution is a monetary group certified to receive deposits and make loans. There are several varieties of banks inclusive of retail, commercial, and investment banks. In maximum nations, banks are regulated by using countrywide authorities or vital financial institutions.
Although banks do many things, their number one position is to soak up funds—called deposits—from people with money, pool them, and lend them to individuals who need a price range. Banks are intermediaries among depositors (who lend money to the bank) and debtors (to whom the financial institution lends money).
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The ideal bedroom temperature is one that is warm enough to be comfortable but cool enough to
allow your body temperature to decline as yol fall asleep.
True
False
the ans is false becauseThe ideal temperature for sleep is about 65°F (18.3°C), give or take a few degrees. Our body temperature naturally drops a little during sleep, and a cool — but not cold — sleeping environment is ideal to have a good night's sleep. When it's too hot, you're more likely to toss and turn, which disrupts your sleep.
It is true that the ideal bedroom temperature is one that is warm enough to be comfortable but cool enough to sleep.
The ideal bedroom temperature is around 60 and 67°F and at this point:
the bedroom will be warm enough that you don't feel uncomfortable from too much coldcold enough that your body's internal temperature is able to drop enough for you to get a good sleepIn conclusion, the ideal bedroom temperature should be average but on the cool side so that your body temperature can drop enough to allow a good rest.
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Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.40 per card, and the cost of printing is $0.10 per card. The company receives $3.75 per card sold. Since the cards have the current year printed on them, unsold cards have no salvage value. Their customers are from the four areas: Los Angeles, Santa Monica, Hollywood, and Pasadena. Based on past data, the number of customers from each of the four regions is normally distributed with mean 2,300 and standard deviation 200. (Assume these four are independent.)
What is the optimal production quantity for the card?
Answer:
≈ 9644 quantity of card
Explanation:
given data:
n = 4 regions/areas
mean demand = 2300
standard deviation = 200
cost of card (c) = $0.5
selling price (p) = $3.75
salvage value of card ( v ) = $ 0
The optimal production quantity for the card can be calculated using this formula below
= u + z (0.8667 ) * б
= 9200 + 1.110926 * 400
≈ 9644 quantity of card
First we have to find u
u = n * mean demand
= 4 * 2300 = 9200
next we find the value of Z
Z = ( \(\frac{p-c}{p-v}\) )
= ( 3.75 - 0.5 ) / 3.75 = 0.8667
Z( 0.8667 ) = 1.110926 ( using excel formula : NORMSINV (0.8667 )
next we find б
б = 200\(\sqrt{n}\) = 400
What would be the compound interest rate if tom borrowed $6,000 at a 3% interest rate for 2 years?.
If Tom borrowed $6,000 over two years at a rate of 3%, the compound interest rate would be $365.4.
How Does Compound Interest Work?Compound interest is the rate of interest on savings that is calculated using both the initial principal and the interest that has accumulated over previous periods.
"Interest on Interest," also known as the power of compound interest, is thought to have been invented in Italy in the 17th century. Compared to simple interest, which only takes into account the principal, it will grow a sum more quickly.
Compound interest is the rate at which money grows at a faster rate when there are more periods of compounding.
Sum acquired = $6,000 .
The interest rate is 3%.
Year is the number of years.
A =\(P[1+r]^{n}\) .
After two years, the amount is 6,000 [1 x 3%]² .
The sum after two years is 6,365.4 .
The sum after two years minus the amount borrowed is 6,365.4 .
The sum after 6,000 is $365.4 .
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On January 1 of this year, Shannon Company completed the following transactions (assume a 8% annual interest rate):
a. Bought a delivery truck and agreed to pay $61,400 at the end of three years.
b. Rented an office building and was given the option of paying $11,400 at the end of each of the next three years or paying $30,000 immediately.
c. Established a savings account by depositing a single amount that will increase to $92,800 at the end of seven years.
d. Decided to deposit a single sum in the bank that will provide 8 equal annual year-end payments of $41,400 to a retired employee (payments starting December 31 of this year.
Required:
a. What is the cost of the truck that should be recorded at the time of purchase? (Round your answer to nearest whole dollar.)
b. Which option for the office building results in the lowest present value?
c. What single amount must be deposited in this account on January 1 of this year? (Round your answer to nearest whole dollar.)
d. What single sum must be deposited in the bank on January 1 of this year?
Answer:
a. The cost of the truck that should be recorded at the time of purchase is:
= $48,741.
b. The option of paying $11,400 annually for 3 years results in a PV of $29,379, which is lower than $30,000 paid immediately.
c. The single amount that must be deposited in this account on January 1 of this year is:
= $54,148.
d. The single sum that must be deposited in the bank on January 1 of this year to provide 8 equal annual year-end payments of $41,400 to a retired employee is:
= $237,910.85
Explanation:
a) Data and Calculations:
a. Bought a delivery truck and agreed to pay $61,400 at the end of three years.
From an online financial calculator:
(# of periods) 3
I/Y (Interest per year) 8
PMT (Periodic Payment) 0
FV (Future Value) $61400
Results
PV = $48,741.30
Total Interest $12,658.70
b. Rented an office building and was given the option of paying $11,400 at the end of each of the next three years or paying $30,000 immediately.
From an online financial calculator:
N (# of periods) 3
I/Y (Interest per year) 8
PMT (Periodic Payment) $11,400
FV (Future Value) 0
Results
PV = $29,378.91
Sum of all periodic payments $34,200.00
Total Interest $4,821.09
c. Established a savings account by depositing a single amount that will increase to $92,800 at the end of seven years.
From an online financial calculator:
N (# of periods) 7
I/Y (Interest per year) 8
PMT (Periodic Payment) 0
FV (Future Value) $92,800
Results
PV = $54,147.91
Total Interest $38,652.09
d. Decided to deposit a single sum in the bank that will provide 8 equal annual year-end payments of $41,400 to a retired employee (payments starting December 31 of this year.
From an online financial calculator:
N (# of periods) 8
I/Y (Interest per year) 8
PMT (Periodic Payment) $41,400
FV (Future Value) 0
Results
PV = $237,910.85
Sum of all periodic payments $331,200.00
Total Interest $93,289.15
Let MAC1 = 100 – 10E and MAC2 = 50 – 10E. Graph each function and compute the aggregate MAC curve. Let MD = 30E, compute the socially efficient equilibrium. For the equations given above, suppose the government sets the pollution level at four units. What are the net social costs of this policy?
Suppose a technological change occurs that reduces the marginal costs of abatement for polluter 1 in the above equation to that of polluter 2. How does this affect the socially efficient level of pollution? Solve numerically and graphically.
If the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not impact the socially efficient level of pollution. The level is still determined by equating Marginal Damage with the Aggregate MAC.
To graph each function, we can plot MAC1 and MAC2 on a graph with the quantity of emissions (E) on the x-axis and the marginal abatement cost (MAC) on the y-axis.
For MAC1: MAC1 = 100 - 10E
For MAC2: MAC2 = 50 - 10E
To compute the aggregate MAC curve, we add the individual MAC curves together. So, Aggregate MAC = MAC1 + MAC2.
Aggregate MAC = (100 - 10E) + (50 - 10E) = 150 - 20E
Now, let's calculate the socially efficient equilibrium by setting the Marginal Damage (MD) equal to the Aggregate MAC.
MD = Aggregate MAC
30E = 150 - 20E
Simplifying the equation, we get:
50E = 150
E = 3
Therefore, the socially efficient equilibrium occurs when the quantity of emissions (E) is 3.
Now, let's calculate the net social costs of the policy when the government sets the pollution level at four units.
Net social costs = Aggregate MAC - MD
Net social costs = (150 - 20(4)) - (30(4))
Net social costs = 110 - 120
Net social costs = -10
The net social costs of this policy would be -10, indicating a net benefit to society.
If a technological change occurs that reduces the marginal costs of abatement for polluter 1 to that of polluter 2, it means that MAC1 will become equal to MAC2.
Setting MAC1 equal to MAC2:
100 - 10E = 50 - 10E
Simplifying the equation, we find that E can have any value, as both sides are equal.
Graphically, this change would mean that MAC1 and MAC2 become parallel lines on the graph, with the same slope and intercept. The socially efficient level of pollution would still be determined by equating MD with the aggregate MAC.
In conclusion, if the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not affect the socially efficient level of pollution. The socially efficient level is still determined by equating the Marginal Damage with the Aggregate MAC, regardless of the marginal costs of individual polluters.
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Match the following:
1. Market
2. Bartering
3. Trading
4. Labor
5. Labor Union
_organization that represents workers in the areas of wages, benefits, and work rules
_a place where buyers and sellers exchange goods and services
_ exchanging goods and services with or without the use of money
_exchanging goods and services without the use of money
_human resources used to produce goods and services
With some exceptions, it is a criminal offense for a minor to:
With some exceptions, it is a criminal offense for a minor to engage in certain activities, such as:
1. Purchase or consume alcohol or tobacco products.
2. Drive a car without a valid driver's license.
3. Vote in an election.
4. Serve on a jury.
5. Work in certain hazardous occupations.
6. Enter into a binding contract.
7. Get a tattoo or piercing without parental consent.
8. Possess or use firearms.
9. Run away from home without parental consent.
10. Engage in sexual activity with an adult.
11. Commit certain crimes.
The specific laws and regulations regarding minors vary by state and country, so it is important to check the relevant laws in your area. Minors are individuals who are under the age of majority, which varies by location but is typically 18 years old. Because minors are considered to be legally incapable of making certain decisions, there are laws and regulations in place to protect them from harm and ensure that they are not taken advantage of.
For example, it is illegal for a minor to purchase or consume alcohol or tobacco products because these substances can be harmful to their health and development. Similarly, minors are not allowed to drive a car without a valid driver's license because they may not have the necessary skills and experience to operate a vehicle safely.
Other activities, such as voting, serving on a jury, or entering into a binding contract, require a certain level of maturity and responsibility that minors may not yet possess. In some cases, minors may be allowed to engage in these activities with the consent of a parent or legal guardian.
In general, the laws and regulations regarding minors are designed to protect their health, safety, and well-being, and to ensure that they have the opportunity to grow and develop into responsible adults.
prepare alist 10 resources the are free gifts if natural but they are limited supply and have aprice
Estate has an ROI of 16% based on revenues of $400,000. the residual income is $14,000 and the investment turnover is 2. what is the hurdle rate? With Explanation
If Estate has an ROI of 16% based on revenues of $400,000. the residual income is $14,000 and the investment turnover is 2. The hurdle rate is 9%.
How to find hurdle rate?First step is to find the investment turnover using this formula
Investment turnover=Sales/invested capital
Investment turnover = ($14,000 / $400,000) × 2
Investment turnover = 0.035 × 2
Investment turnover =0.07
Second step is to find the hurdle rate using this formula
Hurdle rate = ROI - Investment turnover
Hurdle rate = 0.16 - 0.07
Hurdle rate = 0.09× 100
Hurdle rate = 9%
Therefore the hurdle rate is 9%.
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the conversion of metals into coins
Answer:
Coinage
Explanation:
the invention of a new word or phrase.