According to the Quantity theory of Money, MV=PT, the two sides of the equation are always balanced because the total value of sales is the same as the amount of money paid for them.
What is the quantity theory of money? The quantity theory of money is a monetary economics theory that explains the relationship between money and prices. According to the Quantity Theory of Money, there is a direct relationship between the amount of money in circulation in the economy and the general price level of goods and services sold.
What does the equation MV=PT mean? MV = PT is the fundamental equation of the quantity theory of money. The equation can be broken down as follows: M = Money supply in circulation V = Velocity of money (the number of times a unit of money changes hands during a given time period)P = Price level of goods and services T = Volume of transactions
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True or false?
The law of diminishing returns states that as more variable inputs are added to production, the productivity of these inputs increases.
Answer:
that would be true
Explanation:
if a person attempts to make a phone call while they are waiting for a meeting to begin, they are________
a. combining tasks
b. multitasking
c. sequential tasking
d. cleaving tasks
Describe entrepreneurship. How is it different than working for someone else?
How does entrepreneurship affect you? How does it affect the economy?
It is the study of process involved in identifying a business opportunity and acquiring the necessary resources to start and run the business
~It has created employment
~It has reduced rural-urban migration since some businesses have been set up in Rural areas.
~Saving imports since goods can be locally produced reducing the cost of importing them
~It has raised people's standard of living since one can acquire goods he/she can't produce
~The government can earn there revenue from taxation of the businesses set up by the entrepreneurs
The entrepreneur is the person involved in entrepreneurship.He/she can be the employer of his/her business.Thats what makes it different from being employed/working for someone else.We can say Bill Gates is an entrepreneur since he started Microsoft
give me some solutions for ups and please read the articles in ordered to do that & I’ll remark u as brainliest
The first element as per the order of the article be 'The Heading'. The 2d component as per the order of the article must be 'The Name Of The Writer'. The 1/3 aspect as per the order of the article must be 'Introduction'.
Which article used before order?As usual, the precise article "the" is used where the object is recognised information. I would assume "an order" here. If you say "the order", this implies that the recipient already is aware of which order you mean: presumably you have beforehand discussed it.
Does the order of articles in a journal matter?Although an creator list should solely mirror those who have made enormous contributions to a research mission and its draft manuscript (see, for example, the authorship recommendations of the International Committee of Medical Journal Editors), we might be remiss to say that writer order does not matter.
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what are some corrective actions (or recommendations) to strengthen Louis Vuitton’s business? provide a brief justification (or an evidence) to support your explanation (long answer)
Answer:
Louis Vuitton (LV) had the prolific year 2014 because it continued to grow, despite changes in its market environment. The company has been responsive in its strategies and has maintained a long-term future (LVMH 4). Nevertheless, the company continues to face competitive challenges in the luxury product market. It faces the challenge of sustaining its performance amid the growing difficulties in penetrating new markets and the improvement in the activities by rivals to target its dominant market segment. The company follows a differentiation strategy.
The overall strategies are taken by LV also lead to changes in the parent company, as LV is the main revenue contributor to the LVMH group. The company has to sell to three main customer segments without jeopardizing its reputation in any of them. The segments are absolute, aspirational, and accessible. The absolute segment is very critical of customer care, product quality, and overall brand reputation. It also has the widest variation in preferences in the main global markets of LV. Besides, it has a substantial demand that has forced LV to reconsider many of its decisions that could have affected its performance in this segment. The aspirational segment has mixed characteristics while the accessible segment is less critical to brands and, therefore, most prone to sway to the competition. All the customer segments are collectively influenced by a great brand and product innovation strategy that LV has been exploring in the past few years (LVMH 34-56). The European monetary problems are easing, which should present a good environment for growth in the market (LVMH 5).
Social
The company has relied on leaders brought in by its parent company LVMH. It has also relaxed its use of in-house production resources in the past to focus on outsourcing (LVMH 54-55). However, the decision was reversed to save the company’s brand. Another problem is that the personal luxury business is growing in different directions in separate markets that LV serves. Its biggest market continues to be China, Europe, Japan, and the United States. Its Chinese market characteristics are different from those of Europe and Japan. However, the company has to meet the challenges of these markets without seeming to abandon any of its quality standards for customer service and product development. For example, it cannot discount products or follow noncompany-owned distribution models even when such strategies would significantly lead to a rise in revenues in the respective markets. These issues include a balance of the values and heritage of Louis Vuitton. The company has a 150-year reputation that it has to uphold while responding to the modern challenges of the business (Mahbubani 4).
Technological
The company has a limited product range, and the main products are more than a century old. The leather bag collection and the trunks with a five number combination lock have been in production since the late nineteenth century. They can rely on this technological reputation to defend their market share and appeal to the absolute and aspirational customer segments that are fixated on getting true luxury regarding uniqueness, heritage, quality, and visibility. The product line allows LV to claim that it is offering the most beautiful specimens of French manufacturing (Mahbubani 2). The exclusivity of the designs and their ruggedness are reputations that help the LV brand to sell to existing and new luxury customers. Customers get information and look up things or exchange views online, which is the way they shop. The behavior shapes the direction that LV is taking when differentiating its experience online. The company is building a following in social media channels to improve interaction with its brand. The digital platforms also use new forms of advertising to different niches like soccer fans (LVMH 11).
Consider a second hand car market where three types of cars are being sold: High quality (H), medium quality (M) and low quality (L). Sellers value an H at $2000, an M at $1200 and an L at $800, whereas buyers value an H at $1800, an M at $1600 and an L at $1400. As discussed in the "Akerloff's Lemons Market", sellers are able to distinguish between different quality cars but buyers are not and a buyer believes that in this market 40% of the cars is an H, 30% of the cars is an M and 30% of the cars is an L. a) Determine which type of cars will be sold at the efficient allocation. b) Determine which type of cars will be sold at the market equilibrium.
Answer:
a) Determine which type of cars will be sold at the efficient allocation.
All cars would be sold in a Pareto efficient allocation.
In a Pareto efficient market, resources are all allocated in teh most efficient possible way. This is the reason why this is just a theoretical concept that does not necessarily apply in real life.
b) Determine which type of cars will be sold at the market equilibrium.
Since consumers are only willing to pay up to $1,620 for a used car, only medium quality and low quality cars will be sold. The price of high quality used cars is higher than the equilibrium price.
Explanation:
the most a buyer would be willing to pay for a used car is ($1,800 x 40%) + ($1,600 x 30%) + ($1,400 x 30%) = $720 + $480 + $420 = $1,620
Which of the following is not an example of professional behavior
?
XYZ is an established business and has written a business plan in order to request additional funding from a local bank. Unlike a plan for a new business, their business plan will include which information?
Answer:
Growth Highlights
Explanation:
When a new business is to start up, and it requires funding it shall propose the business idea to investors, but it depends upon the discretion of investors whether or not to invest, and their results are dependent upon the expectations of the business idea.
Whereas when a established business requires further funds, it can state the statistical records and performance reports which shall highlight the growth achieved by the business already.
This shall ensure the investors about their returns in a more confident manner.
Funding from local bank shall include the growth results achieved till now, in order to create the investor confidence.
According to the chart, the three fastest growing career areas include
Other Services
Trade, Transportation, & Utilities Services
Professional and Business Services
Leisure and Hospitality Services
Information Services
Government Services
Financial Services
Education and Health Services
Mining
Manufacturing
Construction
Agriculture, Forestry, and Fishing
-10 010 20
30
construction, professional and business services, and education and health services
a.
Answer:
Education and Health ServicesProfessional and Business Services Leisure and Hospitality ServicesExplanation:
The graph shown below works by assigning a longer bar to the fields that are the fastest growing. The field that has the longest bar is therefore the fastest growing and this is the Education and Health Services sector.
The Professional and Business Services area has the second longest bar so this is the second fastest growing. In third place we have the Leisure and Hospitality services area.
Answer:
b.
professional and business services, education and health services, and leisure and hospitality services
Explanation:
the magnitude of operating leverage for perkins corporation is 4.5 when sales are $100,000. if sales increase to $110,000, profits would be expected to increase by what percent? a. 4.5% b.14.5% c.45% d.10%
It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).
What is Operating Leverage?The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.
Magnitude of operating leverage= 4.5
Old sales= $100000
New sales= $110000
Percentage increase in sales:
(New-old)/old = (110,000-100,000)/100,000
= 10%
Consequently, a percentage rise in profit might be anticipated:
sales percentage growth times the degree of operational leverage
= 10% * 4.5
= 45%
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Reporting Bonds
At the beginning of the current year, two bond issues (Simmons Industries 7%, 20-year bonds and Hunter Corporation 8%, 10-year bonds) were outstanding. During the year, the Simmons Industries bonds were redeemed and a significant loss on the redemption of bonds was reported on the income statement. At the end of the year, the Hunter bonds were reported as a noncurrent liability. The maturity date on the Hunter bonds was early in the following year.
The Hunter Corporation bonds outstanding at the end of the current year should be reported as a ______
on the balance sheet and the loss on redemption of the Simmons Industries bonds should be reported as an ________ in the income statement.
The Hunter Corporation bonds outstanding at the end of the current year should be reported as a noncurrent liability on the balance sheet. Noncurrent liabilities are obligations that are not expected to be settled within the next year or operating cycle. Since the maturity date of the Hunter Corporation bonds is early in the following year, they will be settled after the current year and therefore classified as a noncurrent liability.
On the other hand, the loss on redemption of the Simmons Industries bonds should be reported as an expense in the income statement. This loss represents the difference between the carrying amount of the redeemed bonds and the amount paid to redeem them. It is reported as an expense because it reflects the cost incurred by the company in settling its debt obligations.
Thus, the Hunter Corporation bonds outstanding at the end of the current year should be reported as a noncurrent liability on the balance sheet. The loss on redemption of the Simmons Industries bonds should be reported as an expense in the income statement.
Therefore, the balance sheet reflects the financial position of a company at a specific point in time, while the income statement shows the company's financial performance over a period of time. The classification of bonds and the reporting of the loss on redemption depend on their respective characteristics and transactions.
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Which of the following statements is true? a. If boot is transferred in a reorganization qualifying under section 368 , losses can be recognized. b. The dollar amounts involved in reorganizations are generally substantial; thus, it is important that the financial and tax treatment of the reorganization be consistent. c. Careful planning can ensure that all gains recognized by individual shareholders receive beneficial dividend treatment. d. A letter ruling indicates the income tax treatment the IRS will likely apply to the proposed corporate restructuring transaction.
Option (b) is true, as the dollar amounts involved in reorganizations are generally substantial, making it important to ensure consistent financial and tax treatment.
Among the statements provided, option (b) is true. Reorganizations often involve significant financial transactions, such as mergers, acquisitions, or restructuring of business entities. Due to the substantial dollar amounts involved, it becomes crucial to maintain consistency in both the financial and tax treatment of the reorganization. Inconsistencies can lead to potential legal and financial complications.
Options (a), (c), and (d) are not accurate. In the case of "if boot (additional consideration other than stock) is transferred in a reorganization qualifying under section 368" of the Internal Revenue Code, it generally results in the recognition of gain, not losses. Option (c) suggests that careful planning can ensure that gains recognized by individual shareholders receive beneficial dividend treatment.
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What is the length of the Scaled Scrum Daily Scrum?
The length of the Scaled Scrum Daily Scrum, also known as the Daily Stand-up, is typically 15 minutes.
This brief duration ensures efficient communication and problem-solving within the team, while keeping the meeting focused and concise.During the 15-minute Daily Scrum, the development team members provide updates on their progress since the last meeting, discuss any obstacles or issues they are facing, and collaborate on solutions. In a Scaled Scrum framework, the Daily Scrum is often attended by representatives from multiple Scrum teams, who may provide updates on the status of their respective teams' work and identify any dependencies or inter-team issues.
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The length of the Scaled Scrum Daily Scrum can vary depending on the size and complexity of the project. However, the recommended time limit for the Daily Scrum in a Scaled Scrum framework is 15 minutes. This time limit is consistent with the recommended time limit for the Daily Scrum in a standard Scrum framework.
During the 15-minute Daily Scrum, the development team members provide updates on their progress since the last meeting, discuss any obstacles or issues they are facing, and collaborate on solutions. In a Scaled Scrum framework, the Daily Scrum is often attended by representatives from multiple Scrum teams, who may provide updates on the status of their respective teams' work and identify any dependencies or inter-team issues. It is important to note that while the 15-minute time limit is recommended, the length of the Daily Scrum should be adjusted as necessary to ensure that all necessary information is shared and discussed. The focus should be on efficient communication and collaboration rather than strictly adhering to a set time limit.
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What does the phrase “last in, first out” mean?
Explanation:
LIFO stands for “Last-In, First-Out”. It is a method used for cost flow assumption purposes in the cost of goods sold calculation. The LIFO method assumes that the most recent products added to a company's inventory have been sold first. The costs paid for those recent products are the ones used in the calculation.
i have a brainlest for anybody if the can tell me who won the wwe champoinship in 1996
A company had the following assets and liabilities at the beginning and end of the current year:
Assets Liabilities Beginning of year $ 225,000 $ 93,500 End of the year 256,000 77,200 Common shares in the amount of $20,500 was issued and dividends of $6,100 were paid during the year. What is the amount of net income for the year?
$32,900 $61,700 $47,300 $20,700
The amount of net income for the year is $32,900. To find the amount of net income for the year, we need to use the accounting equation:
Assets = Liabilities + Equity
We can solve for equity at the beginning and end of the year:
Equity at the beginning of the year = Assets - Liabilities = $225,000 - $93,500 = $131,500
Equity at the end of the year = Assets - Liabilities = $256,000 - $77,200 = $178,800
We also know that common shares were issued for $20,500 and dividends of $6,100 were paid. This means that the change in equity due to these transactions is:
Change in equity = Issuance of common shares - Payment of dividends
Change in equity = $20,500 - $6,100
Change in equity = $14,400
Now we can calculate the net income for the year:
Net income = Change in equity + Equity at the beginning of the year - Equity at the end of the year
Net income = $14,400 + $131,500 - $178,800
Net income = $32,900
Therefore, the amount of net income for the year is $32,900.
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What is cash flow?...................................
Answer:
Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company's ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow
Explanation:
List any THREEshopping skill that you will follow.
Equity accounting is an accounting method for recording investments in associated companies or entities. The equity method is applied when a company's ownership interest in another company is valued at 20–50% of the stock in the investee.
That is correct. Equity accounting, also known as the equity method, is an accounting approach used to record investments in associated companies or entities.
Under the equity method, the investor company recognizes its investment in the associate as an equity investment on its balance sheet. Instead of consolidating the financial statements of the investee with its own, the investor recognizes its share of the investee's profits or losses in its income statement.
The investor initially records the investment at cost and adjusts it over time based on its share of the investee's earnings or losses, dividends received, and any additional investments made. The investor also recognizes its share of the investee's comprehensive income in its equity section of the balance sheet.
By using the equity method, the investor maintains a proportional representation of its ownership interest in the investee and reflects the investee's performance in its financial statements. This method provides a more accurate representation of the investor's influence and economic benefits derived from the investment.
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In argentina, authorities attempt to stop shipments of pirated merchandise, but inadequate resources and slow court procedures hamper enforcement. This example shows that ________.
The example provided highlights that in Argentina, authorities face challenges in stopping shipments of pirated merchandise due to inadequate resources and slow court procedures. This situation demonstrates the difficulty in enforcing laws against piracy in the country.
Firstly, the mention of inadequate resources suggests that the authorities do not have sufficient manpower, equipment, or funding to effectively tackle the issue of piracy. This lack of resources hampers their ability to conduct thorough investigations, monitor shipments, and apprehend those involved in the illegal trade.
Additionally, the reference to slow court procedures indicates that even if the authorities manage to make arrests and present their cases, the legal system's inefficiency delays the resolution of piracy-related cases. This delay allows the illegal activities to continue, undermining the effectiveness of enforcement efforts.
Overall, this example highlights the challenges faced by the authorities in Argentina when trying to combat piracy. It emphasizes the need for sufficient resources and streamlined court processes to effectively address this issue.
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What type of economy is the South African economy?
Answer:South Africa has a mixed economy in which there is a variety of private freedom, combined with centralized economic planning and government regulation.
Explanation:
Answer:
South Africa has a mixed economy in which there is a variety of private freedom, combined with centralized economic planning and government regulation.
Explanation:
No Explanations
Budgets are created using expenses vs.
incoming revenue. What is another word for
revenue?
A. profit
B. sales
C. cost
Answer:
B. Sales
Are sales and revenue the same?The key difference between revenue and sales is that revenue refers to the total income a business entity generates from selling goods or providing services, as well as other income earned in the normal course of business. Sales, on the other hand, refers to the proceeds received by the company from selling goods or providing services. Although revenue and sales are sometimes conflated, there is a difference between the two. Revenue is the collective sum of money a business makes. Sales are the total compensation that a business receives from providing goods or services. Sales are a subset of revenue. In rare circumstances, revenue may be less than sales. Sales are when a customer pays a price for a company's products or services. Large businesses usually have additional revenue streams in addition to sales, including investments, services, interest, royalties, fees, and donations, to name a few. Although they may be easily distinguished in accounting terms, revenue and sales are often used interchangeably.
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anybody can help with this too ??
Answer:
1. The three types of business mentioned are – Manufacturing, Retail store and School
2. She means that whenever there is loss both Ashley’s father and aunt get tensed.
3. They sell their product on sale to increase the revenue
4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment
Explanation:
1. The three types of business mentioned are – Manufacturing, Retail store and School
2. She means that whenever there is loss both Ashley’s father and aunt get tensed.
3. They sell their product on sale to increase the revenue
4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment
PLEASE ANSWER FAST please answer like.
Answer 1. _______________
Answer 2._______________
Answer 3._______________
Answer 4._______________
Answer 5.______________
Rakeesh owns a deli shop on campus. He has a daytime manager and a nighttime manager, both of which report to Rakeesh directly. This is an example of a ______ structure.
A structure such as the one Rakeesh has where everyone reports directly to the CEO, is called a Flat Organizational Structure.
What is an Organizational Structure?
This is a system within an organization that spells out how people must relate to one another.
It also highlights how certain activities must flow for the objectives and or goals of that business or entity to be achieved.
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Step 3: Creating a Balanced Family Budget
a) Search for a "family budget estimator" and calculate the monthly expenses for a family living
in your city.
Insert a screenshot of the calculator you used, as well as all of the information you entered
into it. If you are unable to insert a screenshot, then list the information below. (10 points)
b) State the minimum monthly income and hourly wage per worker needed to cover monthly
expenses for the family you used in part a. Then, explain how to calculate the hourly wage
Show we’re u found your information
The family budget calculator use is attached accordingly. See relevant definition below.
What is the minimum monthly income and hourly wage per worker required to cover the monthly expenses indicated in the budget?The total budget indicated is $7,304. Hence to cover for the above expenses, one would need to work for at least 8 hours per day, and 5 days a week at the minimum income wage of $50 dollars/Hour.
This translates to:
50 x 8 x 20
= $8,000
What exactly is a family budget?A family budget is a plan for your household's incoming and outgoing funds for a specific time period, such as a month or year.
What is the definition of a Family Budget Calculator?The Family Budget Calculator calculates the amount of money required for a family to maintain a modest but decent level of life.
The budgets project community-specific expenses for ten different family types (one or two adults with zero to four children) across all counties and metro regions in the United States.
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What, if anything, can advertising sales tell us about the state of various types of media? Advertising sales cannot tell us anything useful about the state of various types of media. Advertising sales can tell us many things about various types of media, but it depends entirely on the type of ads sold. Advertising sales can tell us how well a type of media is doing—if ad sales are high, then the media is doing well. Advertising sales can tell us about who is buying the media—if ad sales are low, then people are not buying the media for the ads.
Answer:
The thing advertising sales can tell us about the state of various types of media is:
Advertising sales can tell us how well a type of media is doing—if ad sales are high, then the media is doing well.
Explanation:
Advertising sales (or ad sales) are the sales of media spaces for advertising purposes. Organizations create awareness of their products and services by buying media spaces. The proceeds from an advertising business are known as Advertising Sales. The business is usually conducted by Advertising agencies and representatives of media houses.
If a person has $1,000 in a savings account and earns $20 a year in interest on that account, the rate of return on the money is close to
Answer:
2%
Explanation:
true or false: as the exchange rate fluctuates, the dollar value of goods priced in foreign currency similarly fluctuates.
It is true that, as the exchange rate fluctuates, the dollar value of goods priced in foreign currency similarly fluctuates.
Currency changes are a predictable byproduct of floating exchange rates, which are the norm for the majority of major economies. The economic health of a nation, the likelihood of inflation, interest rate spreads, capital flows, and other factors are only a few of the many variables that affect exchange rates. The health or ailment of the underlying economy often dictates the exchange rate of a currency. As a result, the value of a currency can change rapidly from one second to the next. Exchange rates can affect international trade in goods, economic expansion, capital flows, inflation, and interest rates.
The Asian Financial Crisis and the collapse of the Japanese yen carry trade are only two examples of how significant currency fluctuations may affect financial markets.
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Describe the goal of a good financial manager according to you?
Answer:
Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. Financial managers typically: ... Help management make financial decisions.