A clearance rack is marked as 60% off the regular price to be taken at the register. If a jacket on the clearance rack is marked $239. 99, what will it ring up for at the register? a. $14. 40 b. $60. 00 c. $96. 00 d. $143. 99 Please select the best answer from the choices provided A B C D.
Answers
The correct answer is:
c. $96.00
To determine the price of the jacket at the register, we need to calculate 60% off the marked price of $239.99.
60% of $239.99 can be calculated by multiplying $239.99 by 0.60:
$239.99 * 0.60 = $143.99
Therefore, the jacket will ring up for $143.99 at the register.
The question states that the jacket on the clearance rack is marked as 60% off the regular price. This means that the customer will receive a discount of 60% when purchasing the jacket. To calculate the discount amount, we multiply the marked price by 60% (or 0.60). In this case, the marked price of the jacket is $239.99.
$239.99 * 0.60 = $143.99
Hence, the jacket will ring up for $143.99 at the register, which corresponds to a 60% discount off the original price. Therefore, the correct answer is c. $96.00.
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Related Questions
Dowell company produces a single product. its income statements under absorption costing for its first two years of operation follow.
income statements (absorption costing) year 1 year 2
sales ($53 per unit) $ 1,113,000 $ 3,339,000
cost of goods sold ($38 per unit) 798 2,394,000
gross profit 315 945
selling and administrative expenses 282 366
income $ 33,000 $ 579,000
additional information
1. sales and production data for these first two years follow. units year 1 year 2
units produced 42 42
units sold 21 63
2. variable costs per unit and fixed costs per year are unchanged during these years. the company's $38 per unit product cost using absorption costing consists of the following. direct materials $ 12
direct labor 12
variable overhead 6
fixed overhead ($336,000/42,000 units) 8
total product cost per unit $ 38
3. selling and administrative expenses consist of the following. selling and administrative expenses year 1 year 2
variable selling and administrative ($2 per unit sold) $ 42,000 $ 126,000
fixed selling and administrative 240 240
total $ 282,000 $ 366,000
required:
prepare income statements for each of these two years under variable costing. (loss amounts should be entered with a minus sign.)
Answers
Dowell company produces a single product. Net income for 2016 will be $10,000 and for 2017, it will be $260,000.
An income statement is a summary of a company's expenses and revenues for a given time period. Manufacturing and administrative costs are common expenses.
Dowell Company
Variable Costing Income Statement
For the year ended 2016 and 2017
Particular Amounts ($) 2016 Amount 2017($)
Sales 9200(20000 x 4) 1,840,000 (40000*46)
Less: Variable costs
Direct material (20000 x 5) 100,000 (40000 x 5) 200,000
Direct labor (20000 x 9) 180,000 (40000 x 9) 360,000
Variable overhead (20000 x 7) 140,000 (40000 x 7) 280,000
Variable selling and
administrative expense (20000 x 2.50) 50,000 (40000 x 2.50) 100,000
Contribution margin $450,000 $900,000
Less: Fixed costs
Fixed selling and
administration expenses 240,000 240,000
Fixed overhead 300,000 300,000
Net Income $(90,000) $360,000
Reconciliation of variable costing income/(loss)
Particulars Amounts ($) (2016) Amounts ($) (2017)
Net loss from variable costing (90,000) $360,000
Add: Variable fixed overhead
in ending inventory ( 10000 x 10) 100,000 (10000 x 10)100,000
Net income from
absorption costing $10,000 $260,000
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What was the purpose of the pandemic influenza Strategic Plan?
Answers
These strategies attempted to halt, restrict, or otherwise limit the spread of a pandemic to the United States, while also limiting domestic spread, minimizing sickness, misery, and mortality, and sustaining infrastructure and neutralizing the consequences on the economy and society as a whole.
What is the most prevalent cause of influenza?The flu causes severe damage to the lungs, nose, and throat. The most vulnerable include young children, the elderly, pregnant women, and those suffering from chronic conditions or with compromised immune systems. Symptoms include fever, muscle discomfort, cough, congestion, headaches, and fatigue. Rest and water are common flu remedies because they allow the body to combat the sickness on its own. Anti-inflammatory pain medicines sold over-the-counter may aid with symptoms. A annual flu vaccination can aid in both prevention and treatment of the flu. The flu is caused by influenza viruses infiltrating the nose, throat, and lungs. When people with the flu cough, sneeze, or talk, virus droplets are released into the air and perhaps into the mouths or noses of others around them.
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.The 2013 catalog that Gigantic State University (GSU) sent to prospective students described a merit-based scholarship called the "Eagle Scholarship." The catalog stated that GSU offers the Eagle Scholarship to all incoming students who are in the top 10 percent of their high school classes and have SAT scores of 1250 or above. Paul, a prospective student, read the 2013 catalog that GSU sent to him. Money was tight for Paul, so he paid particular attention to the part of the catalog that described financial aid. He read about the Eagle Scholarship and realized that he qualified for it. Paul picked GSU over other schools in large part because of the Eagle Scholarship. He applied to GSU and GSU admitted him. Before his freshman orientation, Paul called GSU and checked to be sure that he met the requirements of the Eagle Scholarship. A GSU representative informed him that he did. When Paul arrived at GSU for freshman orientation, however, he received a copy of the 2014 catalog and learned that the qualifications for the Eagle Scholarship had changed and that he no longer qualified.
1. Was there a contract between GSU and Paul for the Eagle Scholarship?
2. If so, what kind of contract was it?
3. What body of legal rules would apply to the contract?
4. If it wasn’t a contract, is there any other basis for a legal obligation on the part of GSU?
5. Would it be ethical for GSU not to honor its promise to Paul?
Answers
Yes, there was a contract between GSU and Paul for the Eagle Scholarship.
The contract between GSU and Paul for the Eagle Scholarship can be classified as an express contract. An express contract is a legally binding agreement in which the parties involved explicitly state their intentions and obligations. In this case, GSU's 2013 catalog clearly described the qualifications for the Eagle Scholarship, and Paul, as a prospective student, relied on this information when making his decision to attend GSU.
The body of legal rules that would apply to the contract between GSU and Paul is contract law. Contract law governs the creation and enforcement of agreements between parties. In this situation, both GSU and Paul entered into a mutual agreement based on the terms outlined in the catalog. As long as the terms of the contract were met by both parties, it would be expected for GSU to honor its promise of the Eagle Scholarship to Paul.
If it was determined that the agreement between GSU and Paul did not meet the requirements of a contract, there may still be a legal obligation on the part of GSU based on the principle of promissory estoppel. Promissory estoppel is a legal doctrine that prevents a party from going back on a promise made to another party if the latter relied on that promise to their detriment. In this case, Paul relied on the information provided in the 2013 catalog and made his decision to attend GSU based on that promise of the Eagle Scholarship. If GSU were to revoke the scholarship, it could be argued that they have a legal obligation to honor their promise due to the detrimental reliance of Paul.
From an ethical standpoint, it would be unfair and unethical for GSU not to honor its promise to Paul. Paul chose GSU over other schools primarily because of the Eagle Scholarship, and he made financial decisions based on that expectation. GSU has a responsibility to act ethically and uphold their promises to prospective students who relied on their representations. Failing to do so would undermine the trust and integrity of the institution.
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to be eligible for small employer group coverage an employee must work a minimum of
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To be eligible for small employer group coverage, an employee must typically work a minimum of 30 hours per week.
Small employer group coverage refers to health insurance plans provided by employers with 50 or fewer full-time employees.
These plans are subject to specific regulations under the Affordable Care Act (ACA). Employees who meet the required minimum hours per week are considered full-time and are generally eligible for coverage.
Employers may also extend coverage to part-time employees, who work fewer hours per week, at their discretion.
It's essential for employees to understand their eligibility and benefits under small employer group coverage to ensure they receive appropriate health insurance coverage.
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The two best reasons for investing company resources in vertical integration (either forward or backward) are to
a. streamline the company's value chain and/or facilitate a company's efforts to grow its sales and market share. b. improve product quality and product performance and/or enhance a company's ability to cut low value-added activities out of the company's value chain. c, better enable the company to be a leader in product innovation and/or facilitate a company's actions to be the industry's best-cost provider.
d. reduce operating costs and/or reduce its business risk. e, boost the company's profitability and/or strengthen its competitive position.
Answers
d. reduce operating costs and/or reduce its business risk.
e. boost the company's profitability and/or strengthen its competitive position are the two best reasons for investing company.
By investing in vertical integration, a company can streamline its supply chain, reduce dependency on external suppliers, and gain more control over its operations. This can lead to cost savings and reduced business risks.
Additionally, vertical integration can enhance a company's competitive position and profitability by providing better control over quality, pricing, and product offerings.
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which macroeconomic theory is the belief that economic markets should operate entirely free of government intervention in order to operate most effectively and efficiently?
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The macroeconomic theory that advocates for economic markets to operate entirely free of government intervention is known as laissez-faire economics.
Laissez-faire economics promotes the idea that markets should be allowed to function without interference from the government. It emphasizes the belief that market forces, such as supply and demand, competition, and self-regulation, are sufficient to ensure optimal economic outcomes.
According to this theory, individuals and businesses should have the freedom to make their own economic decisions without government restrictions or regulations.
Laissez-faire economics is rooted in the belief that government intervention, such as taxes, subsidies, and regulations, can distort market mechanisms and hinder economic efficiency.
Proponents argue that allowing markets to operate freely leads to greater productivity, innovation, and overall economic prosperity.
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To assign and entrust other with task is to _____
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gen-tech sells merchandise on account for $4,000 to acorn company with credit terms of 2/10, n/30. within the discount period, acorn company returns $500 of damaged merchandise and a check for ________ to settle the account.
Answers
Within the discount period, acorn company returns $500 of damaged merchandise and a check for $3,450 to settle the account
Using this formula
Check amount=(Merchandise sold- Merchandise return)- [(Merchandise sold- Merchandise return)× Discount]
Where:
Merchandise sold=$4,000
Merchandise return=$500
Discount=2%
Let plug in the formula
Check amount=($4,000-$500)-[($4,000-$500)×2%]
Check amount=$3,500-($3,500×2%)
Check amount=$3,500-$70
Check amount=$3,430
Inconclusion within the discount period, acorn company returns $500 of damaged merchandise and a check for $3,450 to settle the account.
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holly company is a small family-run manufacturer of wooden garden furniture, sheds, and storage containers. the company is located outside pittsburgh, pennsylvania, and currently employs 185 workers. much of the manufacturing work involves casual labor in the lumberyard and sawmill. the work is hard, and employees often move on after a few months. although the company does not issue audited financial statements, its owner has retained your firm to conduct a review of its internal controls. the focus of your review at this time is the payroll process. payroll processing system holly employees use a time clock in an unsupervised area to record their time on the job. the timekeeping clerk tries to monitor the process but is often distracted by other duties. every friday, the shop fore-men collect the time cards for their subordinates, review and approve them, and deliver them to the payroll clerk. the payroll clerk uses a stand-alone pc to record the employee earnings in the employee records and print a hard-copy payroll register. the payroll clerk sends one copy of the payroll register to the accounting department. the clerk then files the time cards and a copy of the payroll register in the payroll department. the accounting department clerk receives the pay-roll register, reviews it for accuracy, and uses the department computer to record the transaction by posting to subsidiary and gl accounts, including wages expense, cash, and various withholding accounts. the clerk then prints the hard-copy checks, which are written on the general cash account. the clerk signs the paychecks and sends them to the fore-men who distribute them to the employees. finally, the clerk files the payroll register in the department.
Answers
A payroll system is a configuration used by an organization to control how employee salaries and wages are paid out. The government employment tax payment and associated deductions are covered by this scheme.
shop supervisors Get the time cards ready and send them to the payroll clerk. The information from time cards is used by the payroll clerk to compute paychecks. The payroll clerk transmits the payroll register to the accounts payable department after entering the information in the register to obtain signed paychecks.
The time cards created by the foremen serve as the foundation for all records, including general, ledger, and payroll register. Employee salaries are calculated by the payroll department, which also keeps track of payroll. After determining the employee payroll, entries are posted in the subsidiary and general ledger.
Payroll fraud may result from the preparation and approval of paychecks by the accounting department. The modification of paychecks and the issuance of counterfeit paychecks are two examples of these frauds.
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2. Consider the causal effect of a binary treatment D, on a continuous outcome Y. Suppose the CIA holds such that (You. Y) DX, where You and Y are potential outcomes.
(a) Discuss in words how the matching estimand and its corresponding regression estimand (saturated in
X) differ. When will they be equal?
(b) The Potential Outcome Framework implicitly makes a set of assumtpions known as SUTVA (the Stable Unit Treatment Value Assumption). What would be a potential violation of that assumption? Explain using a specific example of your choosing, where you specify what D, and Y are. (e.g. schooling and earnings)
Answers
(a) Matching estimand estimates treatment effect for treated, while regression estimand estimates treatment effect for entire population. They are equal when there's no confounding.
(b) Violation of SUTVA occurs when treatment assigned to one unit affects outcome of another. Example: Sharing medication between treatment and control group in health study.
(a) The matching estimand and its corresponding regression estimand differ in their approach to estimating the causal effect of a binary treatment D on a continuous outcome Y.
The matching estimand estimates the average treatment effect (ATE) by comparing the outcomes of treated units (those who received the treatment) to similar control units (those who did not receive the treatment) in order to minimize bias. It uses a matching algorithm to identify pairs of treated and control units that are similar in terms of their observed covariates. This estimand is based on the assumption that the treatment assignment is ignorable given the observed covariates.
On the other hand, the regression estimand estimates the average treatment effect by regressing the outcome variable on the treatment variable and other relevant covariates. It assumes that the treatment assignment is unconfounded given the observed covariates.
The matching estimand and the regression estimand will be equal when the treatment assignment is random, i.e., there is no confounding due to unobserved variables. In such cases, both estimands will provide unbiased estimates of the causal effect.
(b) A potential violation of the Stable Unit Treatment Value Assumption (SUTVA) in the Potential Outcome Framework occurs when the potential outcomes of one unit depend on the treatment assignment or potential outcomes of other units.
For example, let's consider the effect of a tutoring program (D) on students' test scores (Y). A violation of SUTVA would occur if the performance of a student in the tutoring program is influenced by the performance of other students in the program.
For instance, if students in the program are allowed to collaborate on tests, the potential outcomes of one student may be influenced by the performance of other students in the program.
In this case, SUTVA is violated because the potential outcomes of a student depend on the treatment assignment or potential outcomes of other students.
This violation complicates the estimation of the causal effect of the tutoring program on test scores, as it introduces interference between units.
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there is no right or wrong answer
Answers
(a)
The coffee demand is expressed as follows
Qd = 30-3/5P
Qd = demand for coffee, P = price of coffee
Question:
A. Find the value of Qd if P = 5, P = 15, P = 25
B. Make a table of Qd values at P = 5, P = 15, P = 25 C. Draw the relationship between Qd and P.
(b)
Coffee Supply is expressed as follows:
Qs-4P+3=0
Where : Qs = supply of coffee, P = price of coffee
Question:
A. Find the value of Qs if P = 3, P = 7, P = 12
B. Make a table of Qs values at P = 3, P = 7, P = 12 C. Draw the relationship between Qs and P.
(c)
Qd = 15-1/5P
Qs = -1+3/5P
uestion
A. Make a table of the values of Qd and Qs at P = 5,10, 15, 20, 25
B. What is the equilibrium price where Qd = Qs?
Answers
The equilibrium price where Qd = Qs is $10.
In the given scenario, we are dealing with the demand and supply of coffee. To determine the equilibrium price, we need to find the point at which the quantity demanded (Qd) is equal to the quantity supplied (Qs).
For part (a), we are given the demand function Qd = 30 - (3/5)P, where P represents the price of coffee. To find the value of Qd at different prices, we substitute the given prices into the equation.
When P = 5:
Qd = 30 - (3/5) * 5 = 30 - 3 = 27
When P = 15:
Qd = 30 - (3/5) * 15 = 30 - 9 = 21
When P = 25:
Qd = 30 - (3/5) * 25 = 30 - 15 = 15
For part (b), we are given the supply function Qs - 4P + 3 = 0. Similar to part (a), we substitute the given prices into the equation to find the value of Qs.
When P = 3:
Qs - 4 * 3 + 3 = Qs - 12 + 3 = Qs - 9 = 0
Qs = 9
When P = 7:
Qs - 4 * 7 + 3 = Qs - 28 + 3 = Qs - 25 = 0
Qs = 25
When P = 12:
Qs - 4 * 12 + 3 = Qs - 48 + 3 = Qs - 45 = 0
Qs = 45
For part (c), we have the demand function Qd = 15 - (1/5)P and the supply function Qs = -1 + (3/5)P. We can create a table by substituting the given prices into these equations and calculating the corresponding values of Qd and Qs.
P = 5: Qd = 15 - (1/5) * 5 = 15 - 1 = 14, Qs = -1 + (3/5) * 5 = -1 + 3 = 2
P = 10: Qd = 15 - (1/5) * 10 = 15 - 2 = 13, Qs = -1 + (3/5) * 10 = -1 + 6 = 5
P = 15: Qd = 15 - (1/5) * 15 = 15 - 3 = 12, Qs = -1 + (3/5) * 15 = -1 + 9 = 8
P = 20: Qd = 15 - (1/5) * 20 = 15 - 4 = 11, Qs = -1 + (3/5) * 20 = -1 + 12 = 11
P = 25: Qd = 15 - (1/5) * 25 = 15 - 5 = 10, Qs = -1 + (3/5) * 25 = -1 + 15 = 14
From the table, we can observe that at P = 10, Qd = Qs = 13. Therefore, the equilibrium price where Qd = Qs is $10.
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9) How do we lose most of our mass when we exercise?
a) As heat
b) sweating
c) Exhaling CO2
d) Difestion
Answers
Answer:
To lose weight, you need to break down those triglycerides to access their carbon.
The results showed that in order to completely breakdown 22 pounds (10 kg) of human fat, we need to inhale 64 pounds (29 kg) of oxygen (and somewhere along the way, burn 94,000 calories). This reaction produces 62 pounds (28 kg) of CO2 and 24 pounds (11 kg) of water.
Explanation:
Karen makes custom jewelry. In order to sell her jewelry, Karen rents a small kiosk at the local mall for $50 per month. She must buy blank medallions, stones, and chains to make her custom necklaces. These supplies cost approximately $30. Karen sells her necklaces for $55 each. How many necklaces must she sell to cover her costs?
Answers
Answer:
She will break even each month / cover her costs by selling 2 necklaces
Explanation:
If it's $50 a month, that is Karen's total monthly costIt costs $30 to make each necklaceShe sells the necklace for $55 eachTotal profit for each necklace therefore = sales price - cost, or $55 - $30, which is $25 profit per necklaceTo cover rent, which is $50, you take rent / profit per necklace or $50 / $25 profit per necklace, which is 2 necklacesin the ________ stage of what is a project?, a major portion of the actual project work performed.
Answers
In the "execution" stage of a project, a major portion of the actual project work is performed. This stage typically follows the planning and preparation phase, where the project objectives, scope, and resources are defined.
During the execution stage, the project team members carry out the tasks and activities outlined in the project plan. They implement the project activities, collaborate, communicate, and coordinate their efforts to achieve the project's goals and deliverables. The execution stage involves managing resources, tracking progress, resolving issues, and ensuring that the project stays on schedule and within budget. It is a critical phase where the project plan is put into action, and the desired outcomes are realized.
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Question 31 9.03 pt: A proposed project is expected to produce future pre-tax operating cash flows of $1,735,000 per year for the next three (3) years. The related depreciation expense is expected to be $382,000 per year for the next three years. If the company's income tax rate is 27%, what is the annual cash flow benefit related to the depreciation expense, if any?
Answers
The amount of depreciation multiplied by (1 - tax rate), or $382,000 * (1 - 0.27), or $278,560 per year, is the annual cash flow gain associated with the depreciation charge.
Depreciation is an accounting technique used to distribute a tangible asset's cost over the course of its useful life. Depreciation enables businesses to spread out the expense of depreciating assets across their financial statements. The theory behind it is that assets lose value over time as they are used or become outdated. Depreciation is a non-cash expense because there is no actual cash outflow involved, but it lowers taxable revenue, which lowers the tax burden on the business. Different methods are used to compute depreciation, including the straight-line approach, the falling balance method, and the sum of the years' digits method, and each one might produce a different distribution of the asset's cost over its useful life.
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Read the statements below. Select "L" if the statement describes the Linux OS. Select "M" if the statement describes the Mac OS. Select "W" if the statement describes the Windows OS.
L - Linux
M - Mac
W - Windows
___code can be modified by users
____customer service provided by volunteers
___introduced the first GUI
___open source
____used by the majority of businesses
_____widely used in artistic fields
Answers
All the above statements describe Linux OS.
"Code can be modified by users" refers to the open-source nature of Linux."Customer service provided by volunteers" can be interpreted as a reference to the community-driven support for Linux."Introduced the first GUI" is not accurate, as the first GUI was actually introduced by Xerox PARC, but Linux certainly played a role in popularizing the use of GUIs in computing."Open source" refers to the fact that Linux's source code is freely available for users to view, modify, and distribute.
Which two national sports league attract the most female fans?
A. Major League Soccer and Major League Baseball
B. Major League Baseball and the National Football League
C. NASCAR and the National Football League
D. The National Hockey League and Major League Baseball
Answers
Answer:
B
Explanation:
Major League Baseball and the National Football League
Self Dealing arises when as a business owner you: Become a member of the City Council. Accept gifts from other business owners. Bribe your business connections to get favorable deals. As a member of the City Council, you vote to award contracts to your business.
Answers
Self-dealing refers to a situation where a business owner engages in actions that prioritize their personal interests over the interests of the business or its stakeholders.
Examples of self-dealing include using one's position for personal gain, such as becoming a member of the City Council to influence decisions that benefit one's business, accepting gifts from other business owners that could create a conflict of interest, bribing business connections to gain favorable deals, or voting to award contracts to one's own business as a member of the City Council. Self-dealing is generally considered unethical and can lead to legal and reputational consequences for the business owner and the business itself.
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Arabella Cunningham Is 24 years old and single, lives in an apartment, and has no dependence. Last year she earned $55000 as a sales representative for planning associates; $3910 of her wages was withheld for federal income taxes. In addition, she had an interest income of $142. She takes the standard deduction. Calculate her taxable income, tax liability, and tax refund or tax owed for 2018
Answers
The taxable income, tax liability, and tax refund are $43,142, $5,430.74 and $1,520.74 for 2018.
taxable income formula is:
Taxable income = Earnings + Interest income - Standard Deduction
Earnings as a sales representative = $55,000
Interest income = $142
Standard Deduction = $12,000
by substituting the values,
Taxable income = $55,000 + $142 - $12,000
Taxable income = $43,142
Tax Liability formula is:
Tax Liability = 22% of Income above $38,700
= $4,453.50 + ( Taxable income - $38,700 ) x 22%
= $4,453.50 + ( ( $43,142 - $38,700 ) x 22%)
= $4,453.50 + $977.24
= $5,430.74
Tax refund for 2018 = Tax Liability - Tax withheld
= $5,430.74 - $3,910
= $1,520.74
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one of the weaknesses of using surveys to estimate the demand curve is ________.
Answers
One of the weaknesses of using surveys to estimate the demand curve is the potential for inaccurate or biased responses from participants.
Surveys often rely on self-reported data, which can be influenced by factors such as social desirability bias, misunderstanding of questions, and memory errors. Additionally, nonresponse bias may occur if certain groups of people are less likely to respond to the survey, leading to a skewed representation of the target population.
These inaccuracies and biases can lead to an incorrect estimation of the demand curve, which may have significant implications for businesses and policymakers when making decisions based on this information. It is essential to carefully design and administer surveys to mitigate these potential issues, while also considering alternative methods for estimating the demand curve, such as analyzing historical sales data or conducting experiments.
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Rachel's take home pay is $600 per month. She pays $200 for rent and utilities, $100 for food,
$5 for medication, and $30 for transportation. How much discretionary income does Rachel
have? I
Answers
Answer:
$265
Explanation:
To find the answer, subtract all of Rachel's expenses from her income. So, add up her expenses ($200-$100-$5-$30) and get $335. Now, subtract them from her income ($600 - $335) We would get $265 as our answer.
Discretionary income means the income available to use as one chooses.
Rachel's discretionary income is $265.
What index measures price changes received by domestic producers for their output?
a.
consumer price index
c.
implicit GDP price deflator
b.
producer price index
d.
sales price index
Answers
a. Find the FV of $1,000 invested to earn 10% after 6 years. Round your answer to the nearest cent.
$ ___
b. What is the investment's FV at rates of 0%,5%, and 30% after 0,1,2,3,4, and 5 years? Round your answers to the nearest
Answers
a. The future value (FV) of $1,000 invested to earn 10% after 6 years is $1,771.56.
To calculate the future value (FV) of an investment, we can use the formula:
FV = \(PV * (1 + r)^n\)
Where PV is the present value, r is the interest rate, and n is the number of years.
\(FV = $1,000 * (1 + 0.10)^6FV = $1,000 * 1.10^6\)
FV ≈ $1,771.56 (rounded to the nearest cent)
b. The investment's future values at rates of 0%, 5%, and 30% after 0, 1, 2, 3, 4, and 5 years are as follows:
0% rate:
- After 0 years: $1,000
- After 1 year: $1,000
- After 2 years: $1,000
- After 3 years: $1,000
- After 4 years: $1,000
- After 5 years: $1,000
5% rate:
- After 0 years: $1,000
- After 1 year: $1,050
- After 2 years: $1,102.50
- After 3 years: $1,157.63
- After 4 years: $1,215.51
- After 5 years: $1,276.28
30% rate:
- After 0 years: $1,000
- After 1 year: $1,300
- After 2 years: $1,690
- After 3 years: $2,197
- After 4 years: $2,856.10
- After 5 years: $3,712.93
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The only spending category in GDP that can be negative is _____. investment spending government purchases of goods and services consumer spending net exports
Answers
The only spending category in GDP that can be negative is net exports. Net exports represent the value of a country's total exports minus the value of its total imports.
A negative value indicates that a country is importing more goods and services than it is exporting, which means that it is a net importer. In other words, net exports are subtracted from the overall GDP calculation because they represent a loss of economic activity for the domestic economy.
On the other hand, investment spending, government purchases of goods and services, and consumer spending are all positive categories in GDP. Investment spending refers to the amount of money businesses and individuals spend on capital goods and other long-term assets.
Government purchases of goods and services include spending on public goods such as infrastructure, education, and defense. Consumer spending refers to the amount of money individuals spend on goods and services for personal use.
In conclusion, net exports are the only spending category in GDP that can be negative, as it represents the value of a country's imports exceeding its exports.
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Overbooking is a common practice in the hospitality industry. What are the pros and cons of overbooking? Is overbooking ethical?
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Cons: loss of hotel reputation, alternative arrangement for guests might be more expensive, may revive negative review online ,
The purposeful and deliberate act of overbooking runs counter to any acceptable standard of ethical business practice. In addition to the practice being ripe with serious legal, contractual and consumer protection violations, overbooking forces hospitality personnel into making conscious immoral and unethical choices.
How does a bank enforce the requirement of safeguarding your money?
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The use of Mobile banking and electronic means of sending money is a requirement for safeguarding your money.
How does bank help to safeguarding your money?Individual keep or safe money in the bank to avoid the risk of the money been stolen or loss due to improper way for handling.
Online transactions is one of the safeguard method's used by banks and electronic funds transfer (EFT).
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What is one reason why a company should make an operating budget
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1. Planning and forecasting: An operating budget helps a company plan for future expenses and revenues, and allows it to make informed decisions about how to allocate its resources. It also allows the company to forecast its financial performance and make adjustments as needed.
2. Monitoring and controlling costs: An operating budget can help a company monitor its actual expenses and revenues against the budgeted amounts, which can help it identify areas where costs may be exceeding expectations. This can allow the company to take corrective action to stay within budget.
3. Improving efficiency: By identifying and managing costs, an operating budget can help a company improve its efficiency and reduce unnecessary expenses.
4. Facilitating decision-making: An operating budget provides important financial information that can be used to make informed decisions about the allocation of resources and the direction of the company.
5. Facilitating communication: An operating budget can be used to communicate the company's financial goals and objectives to stakeholders, such as shareholders, employees, and customers. This can help everyone understand the company's priorities and how resources are being allocated.
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Question: Choose the products that are regulated by federal tobacco sales law:
C
O Chewing tobacco
Cigars (including regular, little, and flavored cigars)
O Rolling papers containing tobacco as an ingredient
O E-cigarettes & e-liquid
O All of the above are regulated
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T/F: company-level preincident surveys are generally conducted on occupied private residences.
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False. Company-level preincident surveys are generally not conducted on occupied private residence.
Company-level preincident surveys are typically performed to gather information about a specific location before an incident or emergency occurs. These surveys help organizations identify potential hazards, assess risks, and develop strategies to mitigate them. However, conducting such surveys on occupied private residences is generally not a common practice. Preincident surveys are more commonly conducted on commercial properties, industrial sites, public buildings, or other facilities where there is a higher likelihood of significant incidents or emergencies.
The reason for this is that private residences are usually considered personal and private spaces. Conducting preincident surveys on occupied private residences would raise significant privacy concerns and potentially infringe on the rights of homeowners or occupants. It is important to respect the privacy and personal boundaries of individuals in their homes. However, some emergency response agencies may conduct community-level surveys or outreach programs to educate residents about safety measures or provide general information, but these are not typically in-depth company-level surveys.
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