Answers
Answer:
Debit cash for $884 credit revenues for $882 cash short and over for $2
Explanation:
Related Questions
Leimersheim GmbH has adopted the following policies regarding merchandise purchases and inven-
tory. At the end of any month, the inventory should be €15,000 plus 90% of the cost of goods to be
sold during the following month. The cost of merchandise sold averages 60% of sales. Purchase terms
are generally net, 30 days. A given month’s purchases are paid as follows: 20% during that month and
80% during the following month.
Purchases in May had been €150,000 and the inventory on May 31 was higher than planned
at €230,000. The manager was upset because the inventory was too high. Sales are expected to be
June, €300,000; July, €290,000; August, €340,000; and September, €400,000.
1. Compute the amount by which the inventory on May 31 exceeded the company’s policies.
2. Prepare budget schedules for June, July, and August for purchases and for disbursements for
purchases.
Answers
1. The amount by which the inventory on May 31 exceeded the company’s policies is €53,000.
2. The preparation of the budget schedules for June, July, and August for purchases and for disbursements for purchases is as follows:
a) Purchases:May June July August
Cost of goods sold 180,000 174,000 204,000
Ending Inventory €230,000 171,600 198,600 231,000
Goods available for sale 351,600 372,600 435,000
Beginning Inventory 230,000 171,600 198,600
Purchases €150,000 121,600 201,000 236,400
b) Disbursement for purchases:May June July August
20% during the month 24,320 40,200 47,280
80% following month 120,000 97,280 160,800
Total disbursements €144,320 €137,480 €208,080
How is the difference between actual inventory and inventory per company policy determined?Expected ending inventory = €15,000 plus 90% of the next month's cost of goods.
Cost of goods sold = 60% of sales
Purchase terms = net 30 days
Purchase payments:
20% during the month
80% following month
May June July August September
Expected Sales €300,000 €290,000 €340,000 €400,000
Cost of goods sold 180,000 174,000 204,000 240,000
Purchases €150,000
Ending Inventory €230,000
= €15,000 plus 90% of €180,000 = €177,000
Excess ending inventory for May = €53,000 ( €230,000 - €177,000)
Data and Calculations:Purchases:May June July August September
Expected Sales €300,000 €290,000 €340,000 €400,000
Cost of goods sold 180,000 174,000 204,000 240,000
Ending Inventory €230,000 171,600 198,600 231,000
Goods available for sale 351,600 372,600 435,000
Beginning Inventory 230,000 171,600 198,600 231,000
Purchases €150,000 121,600 201,000 236,400
Disbursement for purchases:20% during the month 24,320 40,200 47,280
80% following month 120,000 97,280 160,800
Total disbursements €144,320 €137,480 €208,080
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On January 1, 2018, Tiffany Academy instituted a defined benefit pension plan for its employees. The annual service cost for each year of 2018 and 2019 was $600,000. The interest rate used to determine the projected benefit obligation is 10%. Both the actual and the expected return on plan assets are 8% for both years. Tiffany funded the plan in the amount of $400,000 each January 1, beginning on January 1, 2018. What net pension liability should Tiffany report in its balance sheet for the year ended December 31, 2019
Answers
Answer:
$593,440.00
Explanation:
Calculation to determine What net pension liability should Tiffany report in its balance sheet for the year ended December 31, 2019
First step is to Compute the Interest Cost for 2019
Balance of Projected benefit Obligation on January 1, 2019 600,000.00
Interest Cost for 2019 (600000*10%) 60,000.00
Second step is to Balance of Plan assets on January
Beginning Balance of Plan Assets as on Jan 1, 2018 $
Funding on Jan 1, 2018 400,000.00
Asd Actual return on December 31, 2018 (400000*8%) 32,000.00
Balance of Plan assets on December 31,2018 432,000.00
Add Current Funding on Jan 1, 2019 400,000.00
Balance of Plan assets on January 1, 2019 832,000.00
Third step is to Compute the Actual return for 2019
Actual return on December 31, 2019 (832000*8%) 66,560.00
Now let Compute The PENSION EXPENSE for the year 2019 $
Service cost 600,000.00
Add Interest cost (600000*10%) 60,000.00
Less Expected return on the plan assets (66,560.00)
(832000*8%)
Pension Expense for the year ended December 31, 2019 593,440.00
Therefore the net pension liability that Tiffany should report in its balance sheet for the year ended December 31, 2019 is $593,440.00
You can earn 3% interest on a CD and 1.25% interest on a savings account.
How much more interest will the CD earn for one year if you make a deposit of
$1,650?
Financial Lit, please help!!
Answers
Answer:
The CD will earn $49.50 more interest than the savings account for one year if you make a deposit of $1,650.
Century Motors was awarded a bid to build an energy-efficient motor for a large government heating and cooling project. The requirements of the project included a timeline of one year to build and deliver the system. In order to provide a quality product and meet its deadline, Century Motors set up a __________ organization, whereby employees from various functions of the business would join a team to see this project through from start to finish. Upon completion, the team would disband and members would return to their respective functional units.
Answers
By employing such an organizational structure, Century Motors most likely set up a Matrix Organization.
A Matrix organization:
Incorporates people from multiple departments and functions Will see people answering to multiple managers of those various departments Usually disband after a project is doneThe actions of Century Motors are in line with a Matrix Organization in that people from multiple functions were incorporated into the team and the team will disband when the project is done.
We can therefore conclude that this is a matrix organization.
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Trey and Mike work together to produce guitars and bass guitars. Mike can produce 30 guitars per month or 15 bass guitars per month or some combination of both. Trey can
produce 3 guitars per month or 12 bass guitars per month or some combination of both. Their productivity can be summarized in the following table:
Mike
Trey
Guitars Bass Guitars
30
15
12
Fill in the blanks for the statements below. If your answer is a number, put in the form of a decimal. For example if your answer is 4/3 you should put 1.33. If your answer is a name
make sure to spell it exactly as it's spelled above.
Trey's opportunity cost of 1 guitar is
Mike's opportunity cost of 1 guitar is
bass guitars. Trey's opportunity cost of 1 bass guitar is
bass guitars. Mike's opportunity cost of 1 bass guitar is
has the absolute advantage in making guitars.
has the comparative advantage in making guitars.
20 points Save Answer
guitars.
guitars.
has the absolute advantage in making bass guitars.
has the comparative advantage in making bass guitars.
Suppose that Trey and Mike are not specialized. Mike is making 20 guitars AND 5 bass guitars per month. Trey is making 2 guitars AND 4 bass guitars per month.
If Trey and Mike fully specialize they will all together make
more bass guitars per month and
more guitars per month.
Answers
If Trey and Mike fully specialize they will all together make more bass guitars per month are 60.
What is guitars?Guitars are a stringed musical instrument that is played by strumming or plucking the strings with the fingers or a pick. They are most commonly made of wood, although other materials such as plastic and metal are sometimes used. Guitars are used in many genres of music, ranging from classical to blues, rock, and jazz. The guitar is one of the most popular instruments in the world, and it is an important part of both traditional and modern music. Guitars come in many varieties, including acoustic, electric, and bass guitars.
If Trey and Mike were to fully specialize, they would make 32 more bass guitars per month (30 from Mike and 12 from Trey) and 28 more guitars per month (30 from Mike and 2 from Trey). This would result in a total of 60 bass guitars and 58 guitars per month.
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Allicyn is building a development dashboard. She discovers she needs to have more focus on factors that explain why certain decisions are made that affect her part of the supply chain. Which area is she concerned with?
Answers
Subject matter expertise is she concerned with.
What is supply chain?A supply chain transforms raw materials and elements into a finished product that's provided to a customer. It is created up of a complex network of organizations and movements, such as raw materials suppliers, manufactories, distributors, retailers, and the customer. A supply chain directs the network of organizations, individuals, activities, information, and resources concerned with delivering a product or service to a consumer.
Supply chain management exists as the practice of coordinating the different activities essential to produce and deliver goods and services to a business's customers. Examples of supply chain activities can contain designing, farming, manufacturing, packaging, or transporting. The subject matter expertise(SME) furnishes the knowledge and expertise in a distinct subject, business area, or technical location for a project/program.
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Allicyn is building a development dashboard. She discovers she needs to have more focus on factors that explain why certain decisions are made that affect her part of the supply chain. Which area is she concerned with?
Select an answer:
subject matter expertise
professional networking
knowledge of context
supply chabu language
Record the adjusting entry for uncollectible accounts.
Calculate the effect on net income (before taxes) and total assets in 2024 for each method.
Answers
1. Recording the adjusting entry for uncollectible accounts on December 31 using the Percentage-of-receivables method of Suzuki Company is as follows:
Debit Bad Debts Expense $3,580
Credit Allowance for Uncollectible Accounts $3,580
To record the adjusting entry for uncollectible accounts.2. Recording the adjusting entry for uncollectible accounts on December 31 using the Percentage-of-credit sales method of Suzuki Company is as follows:
Debit Bad Debts Expense $6,220
Credit Allowance for Uncollectible Accounts $6,220
To record the adjusting entry for uncollectible accounts.3. The computation of the effect (reduction) on net income (before taxes) and total assets in 2024 for each method is as follows:
Net Income Total Assets
Percentage-of-receivables method -$3,580 -$4,680
Percentage-of-credit sales method -$6,220 -$7,320
Data and Calculations:Credit Sales for 2024 = $244,000
Accounts Receivable, December 31, 2024 = $39,000
Allowance for Uncollectible Accounts, December 31, 2024 = $1,100 (Credit)
1. Percentage-of-receivables method. Suzuki estimates 12% of receivables will not be collected.
Uncollectible Allowance = $4,680 ($39,000 x 12%)
Adjusting Entry:Bad Debts Expense $3,580 Allowance for Uncollectible Accounts $3,580
2. Percentage-of-credit-sales method. Suzuki estimates 3% of credit sales will not be collected.
Uncollectible Allowance = $7,320 ($244,000 x 3%)
Adjusting Entry:Bad Debts Expense $6,220
Allowance for Uncollectible Accounts $6,220
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Question Completion:Suzuki Supply reports the following amounts at the end of 2024 (before adjustment).
Credit Sales for 2024 $244,000
Accounts Receivable, December 31, 2024 39,000
Allowance for Uncollectible Accounts, December 31, 2024 1,100 (Credit)
Required:
1. Record the adjusting entry for uncollectible accounts using the percentage-of-receivables method. Suzuki estimates 12% of receivables will not be collected.
2. Record the adjusting entry for uncollectible accounts using the percentage-of-credit-sales method. Suzuki estimates 3% of credit sales will not be collected.
3. Calculate the effect on net income (before taxes) and total assets in 2024 for each method.
Entrepreneurship is when someone:
a.) does not work for hourly pay, but instead pays themself.
b.) goes into a business partnership with a co-founder.
c.) sets up, founds, or develops a unique business.
d.) looks for ways to make money in unique ways.
Answers
Entrepreneurship is when someone sets up, founds, or develops a unique business. option C is the answer
Who is an Entrepreneur?
An entrepreneur is an individual with a unique idea that s aimed as problem solving.
The person identifies a problem and then create a lasting solution that will bring about opportunities and satisfaction to the people.
An entrepreneur bears the risk that comes from starting or establishing a new business and create opportunity around it.
Therefore, someone who sets up, founds, or develops a unique business is an entrepreneur.
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When you set up an informational interview, you need to think about your objectives. For one thing, you want to gain ____________
from the person that you’re interviewing to help you learn about the career field. The questions that you choose to ask will help you learn the information that interests you most. You can also ____________
which will help you have a better chance of receiving a job offer in the future. You can follow up with this individual and learn about positions that become available.
Answers
Answer:
Firsthand information, Expand your professional network
Explanation:
Plato
What does a wholesaling company do?
A. Sell products to individual consumers
B. Sell products to companies that plan to resell them
C. Manufacture products and sell them to retail companies
D. Transform land into capital
Please select the best answer from the choices provided
Answers
Answer:
B.
Explanation:
took the test hope this helps
Wholesaling company mostly doing to sell products to companies that plan to resell them. Thus, option (b) is correct.
What is product?
The term “product” refers to the thing to be sold. The product will be tangible. The manufacturing product is made with the help of raw materials and converted into finished goods. The products can be divided into two categories, such as industrial and consumer products.
The whole-seller is like a mediator role-player between manufacturers and retailers. The whole-seller purchased bulk product of goods from the manufacturer at a discount. The stock half and lower quantity are sold to retailers when they purchase in-demand goods.
Therefore, option (b) is correct.
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HELP PLEASE I HAVE 10 MINUTES
What rules are set up with the Fair Credit Billing
Act?
A. How banks notify and bill people on their loan amounts.
B. The APR a bank can charge on a loan.
C. The fees a bank can impose on a borrower.
D. How borrowers notify banks of changes in their financial status.
Answers
Answer:
I say A as it is the most logical because banks should let the borrower know about the loan.
Hope this helps
Describe the six-step process of conducting an ethics audit in detail.
Answers
Answer: 1. Requesting Financial Documents.
2. Preparing an Audit Plan.
3. Scheduling an Open Meeting.
4. Conducting Onsite Fieldwork.
5. Drafting a Report.
6. Setting Up a Closing Meeting.
Explanation:
1. Requesting Financial Documents
the organisation should be notified about an upcoming audit, with the auditor requesting for documents listed on his audit checklist. This documents usually include copies of previous audit report carried out, bank statements, reciepts and ledgers.
2. Preparing an Audit Plan
the auditor uses the information contained in the documents provided for him to plan or map out how the audit would be conducted.
3. Scheduling an Open Meeting
the auditor is invited to a meeting with the admintrative staffs, and senior management to present his scope of the audit. This helps determine the time interval for the audit.
4. Conducting Onsite Fieldwork
the auditor uses information gotten from the open meeting to finalize or conclude his audit plans. After which a field work is conducted.
5. Drafting a Report
the auditor prepares a report show full details of his findings of the audit conducted.
6. Setting Up a Closing Meeting
the clos meeting helps the auditor get a feedback from the managemen, whinch indicates the managements approval or disapproval with problems presented in the audit report.
each cushion requires 2 pound of the foam used as stuffing. The company has a policy has a policy that the ending invetory of foam each month must be equal to 15% of the following month's expected production needs. How many pounds of foam does the porch cushioon company need to purchase in auguyst
Answers
Answer:
34,200
Explanation:
Calculation to determine How many pounds of foam does The Porch Cushion Company need to purchase in August
Does
First step is to calculate the Opening Inventory
Opening Inventory = (100%-15%)*(18,000*2)
Opening Inventory=85%*36,000
Opening Inventory=30600 pounds
Second step is to calculate the
Closing Inventory = 15%* (12,000*2)
Closing Inventory=15%*24,000
Closing Inventory=3600 pounds
Now let calculate the No of pounds required to purchase using this formula
No of pounds required to purchase = Opening inventory+Closing inventory
Let plug in the formula
No of pounds required to purchase=30,600+3,600
No of pounds required to purchase=34,200
Therefore the amount of pounds of foam that The Porch Cushion Company need to purchase in August is 34,200
What is one major problem created by globalization?
O A. An increase in international shipping has led to more pollution.
B. Fewer workers are able to get an education related to their jobs.
C. Military conflicts between powerful nations have increased.
D. It has become more difficult to get products made in other
countries.
SUBMIT
Answers
A) An increase in international shipping has led to more pollution.
please answer asap! In one to two sentences, explain how the money for a negative tax for low-income earners could be redistributed from high-income earners.
Answers
One way that money for a negative tax for low-income earners could be redistributed from high-income earners is by increasing tax rate on high income earners.
How to fund a negative tax ?One plausible method to address income inequality is via an increase in tax rates for high-income earners. By doing so, a larger percentage of their revenue would be allocated towards taxes which could then be utilized to finance the negative tax program.
Another potential avenue would involve imposing a wealth tax upon individuals or households based on their net worth. This type of taxation would predominately affect those with significant lifetime acquisition of assets and resources – particularly the wealthiest members of society.
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The gross domestic product of the United States is defined as the market value of all final goods and services produced within the United States in a given period of time.
Based on this definition indicate which of the following transactions will be included in the GDP of the United States, in 2021
Included or excluded:
1. An accountant starts a clients 2021 tax return on April 14, 2020 to finishing it just before midnight on April 15, 2022
2. Lane motors, a Japanese automobile company, produces a self driving car at a plant in Arizona on December 9, 2021 a family buys the self driving car on December 24
3. Thickburger a US fast food company produces a double cheeseburger at one of its many locations throughout the Midwest on January 14, 2021 is sells a double cheeseburger to a customer that same day
4. Cleancutters, or US number company, produces what are the plant in Oregon on September 25, 2021. It says the word to buildt and partners, a developer, for use in the production of a new house. I will be built in the United States in 2021.
(Note: focus exclusively on whether production of the word increases GDP directly, and ignore the effect of production of the new house on GDP)
5. Gamewear, a US electronics company, produce a VR headset auto plant in South Korea on March 27 2021. Gamewear imports, the VR headset into the United States on May 18, 2021.
Answers
Indicating the transactions that will be included in the GDP of the United States, in 2021
1. Excluded
2. Included
3. Included
4. Included
5. Excluded
What are the transactions that will be included in the GDP?The transactions that involve the production of goods and services within the United States will be included in the GDP, while transactions that involve the production of goods and services outside the United States will be excluded.
Using this criteria:
The accountant's work on the tax return is a service and was performed over multiple years, so it would not be included in the 2021 GDP.The production of the self-driving car by the Japanese company in Arizona and its sale to the family would be included in the 2021 GDP, as the production of the car took place within the United States in 2021.The production and sale of the double cheeseburger by the US fast food company would be included in the 2021 GDP, as the production and sale of the burger took place within the United States in 2021.The production of the word by the US company and its sale to the developer for use in the construction of a new house would be included in the 2021 GDP, as the production of the word took place within the United States in 2021.The production of the VR headset by the US electronics company in South Korea and its import into the United States would be excluded from the 2021 GDP, as the production of the headset took place outside the United States.Learn more about GDP here:https://brainly.com/question/1383956
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prepared journal, prepared t account, prepared trial ballance
Answers
The journal entries are made as follows and t-accounts and Trial balance is made.
What is Accounting?Accounting is the calculation of debit and credit, this includes the finance calculations of a business. Accounting have five major accounts known as Capital, Income, expense, Liabilities and Assets.
A. DR Cash 14100
DR Furniture 5200
CR Capital 19300
B. DR Rent expense 1500
CR Cash 1500
C. DR Office Supplies 900
CR Accounts Payable 900
D. DR Salary Expense 1700
CR Cash 1700
E. DR Accounts Payable 700
CR Cash 700
F. DR Accrued Income 5900
CR Services 5900
G. DR Capital 6700
CR Cash 6700
T accounts are made by the name of a certain account and debiting or crediting the effecting account.
Trial Balance
Cash 4200
Furniture 5200
Capital 12600
Rent expense 1500
office supplies 900
Salary expense 1700
Accounts payable 200
Services (COGS) 5900
Accrued Income 5900
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Why is it important for legal service workers to be fair and ethical?
(the blue highlighted one)
Answers
what are the challenges associated with not being ‘tech savvy’ in 2023?
Answers
As the world keeps advancing technologically, being tech-savvy becomes increasingly important. However, not being tech-savvy in 2023 may pose a lot of challenges. Some of these challenges are :Job Market, Learning,Communication,Security.
Job Market: In 2023, there will be more tech-based jobs than there currently are. Being not tech-savvy would make it difficult for an individual to secure employment in such sectors. This means that those who are not tech-savvy would be limited to jobs that require no technical skills.Learning: Due to the increased importance of technology, those who are not tech-savvy would find it challenging to learn new things. This means that they would be unable to benefit from new technology, apps, and software that are released in the market. They may also face difficulties while navigating technology-based environments.Communication: In 2023, communication will be more technology-driven than ever before. Those who are not tech-savvy may find it challenging to communicate with others effectively. This may lead to miscommunication and misunderstandings which could impact personal and professional relationships.Security: Cybersecurity is a significant concern in today's world. Not being tech-savvy could make it difficult for an individual to secure their information, devices, and accounts. This could lead to loss of data, identity theft, and other forms of cybercrime.In conclusion, being tech-savvy in 2023 is essential to success, as the world will be driven by technology. Those who do not embrace technology may find themselves limited in terms of employment opportunities, communication, and personal security.
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Determine where each piece of information is located on a check.
signature line
date
routing number
account number
personal information
check number
memo line
Answers
Example of a check. Look at the image I attached.
Teamwork Skills
And what you can learn from it
In in skill In
life
Answers
Communication.
Time management.
Problem-solving.
Listening.
Critical thinking.
Collaboration.
Leadership.
And you can learn how to respectfully and confidently express their ideas and opinions effectively in a group setting.
New Zealand Aer offers a family couch seating arrangement a family couch is a row three economic economy class seats that can be adjusted to perform at flat fixed flexible space New Zealand’s air family couch is a what innovation
Answers
How do you build and maintain a positive credit history that leads to a high credit score? What changes could you make to improve yours?
Answers
Building and maintaining a positive credit history requires responsible borrowing and timely payments. To improve your credit score, you should pay your bills on time, keep your credit utilization low, maintain your credit accounts, diversify your credit mix, and avoid applying for too many credit accounts.
A credit score is a three-digit number that reflects your creditworthiness. It indicates how well you manage your finances and repay your debts. A high credit score indicates that you are a responsible borrower and are less likely to default on your loans.
As a result, you are more likely to be approved for loans and credit cards, and you will receive lower interest rates. Here are some ways to build and maintain a positive credit history that leads to a high credit score:
Pay your bills on time: Late payments have a significant impact on your credit score. To avoid late payments, set up automatic payments or payment reminders.
Keep your credit utilization low: Credit utilization is the percentage of your available credit that you use. To maintain a good credit score, it is recommended that you keep your credit utilization under 30%.
Keep your credit accounts open: The length of your credit history is an essential factor in determining your credit score. Therefore, it is recommended that you keep your credit accounts open as long as possible and use them regularly. However, if you have too many credit accounts, consider closing the ones that you don't use.
Improve your credit mix: Having a mix of different types of credit, such as credit cards, auto loans, and mortgages, can help improve your credit score.
Therefore, if you only have one type of credit, consider adding another type to your credit mix. Avoid applying for too many credit accounts: Applying for too many credit accounts in a short period can negatively impact your credit score.
Therefore, it is recommended that you only apply for credit when you need it and space out your applications over time.
In conclusion, building and maintaining a positive credit history requires responsible borrowing and timely payments. To improve your credit score, you should pay your bills on time, keep your credit utilization low, maintain your credit accounts, diversify your credit mix, and avoid applying for too many credit accounts.
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Answer:The best way to build a credit history is to borrow responsibly and open lines of credit through credit cards, home and or car loans. Once these lines of credit are open you want to maintain timely payments monthly as well as maintaining your monthly bills, so they do not go into collections. These monthly bills are things such as utilities and medical bills. This will help establish credit history and the longer these lines are open and have on-time payments you will gain and build your credit score. You want your utilization of the credit lines to remain low, not max them out and avoid having too many open lines. Another way to protect and a healthy score to avoid too many credit inquiries especially hard inquiries.
Some changes I would make to mine would be to pay off the accounts I have in collections, open one or two secure cards while only using a small percentage of the available credit and make the minimum monthly payment. and start making early payments to my student loans. Once I have accomplished this, I would like to finance a new vehicle and maintain on time and or early monthly payments.
Explanation:
Review of the 15-inch HUAWEI MateBook D15 laptop
HUAWEI MateBook D 15 is one of the economical Huawei laptops that offers great features and capabilities in addition to its reasonable price. Features of the Matebook D15 include a modern processor, a quality display with thin edges, light weight and sleek design.
Design and weight
The MateBook D 15 is a lightweight and slim laptop. The thickness of this laptop is only 16.9 mm and weighing 1.53 kg, it is a light laptop with easy portability and use. This laptop, which is also very strong and durable, is available in two beautiful colors, silver and gray.
MateBook D 15 has a sleek design with a metal body and has a unique appearance with a beautiful FullView screen. Despite its light weight, the MateBook D 15 can be carried around and used anywhere.
Another notable feature of the MateBook D 15 is the built-in fingerprint sensor. With this security feature, you can easily and safely unlock the device or lock it to prevent unauthorized access.
https://huaweimobilefarsi.com/product/huawei-matebook-d15/
Answers
Answer:
https://youtu.be/v8Wj83YAcFY
huawei mate x 2 in my channel ↑↑
IHOP 'N GO
Drag and drop steps in correct order, then Submit.
Deliver order and thank guest
Input the order into the
Collect payment
Repeat order to ensure accuracy
Write down guest name and order
Ask if they need condiments
Answers
Answer:
Write down order
Ask is they would like condiments
Input the order
Collect payment
Deliver order
Explanation:
Answer:1Write Down
2Repeat
3Ask
4Imput
5Collect Pay
6Deliver Order
Consider the economies of Hermes and Gobbledigook, both of which produce gaggles of gop using only tools and workers. Suppose that, during the course of 50 years, the level of physical capital per worker rises by 5 tools per worker in each economy, but the size of each labor force remains the same.
Complete the following tables by entering productivity (in terms of output per worker) for each economy in 2014 and 2034.
Year
Hermes
Physical Capital Labor Force Output Productivity
(Tools per worker) (Workers) (Gaggles of gop) (Gaggles per worker)
2014 11 30 3,000
2034 15 30 3,600
Year
Gobbledigook
Physical Capital Labor Force Output Productivity
(Tools per worker) (Workers) (Gaggles of gop) (Gaggles per worker)
2014 8 30 2,400
2034 12 30 3,600
Initially, the number of tools per worker was higher in Hermes than in Gobbledigook. From 2014 to 2034, capital per worker rises by 4 units in each country. The 4-unit change in capital per worker causes productivity in Hermes to rise by a (larger or smaller)?? amount than productivity in Gobbledigook. This illustrates the concept of (brain drain or increasing return or inward oriented growth or diminishing returns or constant return?)??? , which makes it (easier or more difficult ??) for countries with low output to catch up to those with higher output.
Answers
The productivity (in terms of output per worker) of the economies of Hermes and Gobbledigook can be computed as follows:
1. Hermes
Physical Capital Labor Force Output Productivity
Year (Tools per worker) (Workers) (Gaggles (Gaggles per
of gop) worker)
2014 11 30 3,000 100 (3,000/30)
2034 15 30 3,600 120 (3,600/30)
2. Gobbledigook
Physical Capital Labor Force Output Productivity
Year (Tools per worker) (Workers) (Gaggles (Gaggles per
of gop) worker)
2014 8 30 2,400 80 (2,400/30)
2034 12 30 3,600 120 (3,600/30)
3. The 4-unit change in capital per worker causes the productivity in Hermes to rise by a smaller amount (20%) than the productivity in Gobbledigook (50%). This illustrates the concept of diminishing returns, which makes it easier for countries with low output to catch up to those with higher output.
What is the law of diminishing marginal returns?The law of diminishing returns states that a developed nation's growth rates tend to slow as the economy matures, enabling developing nations to catch up with the former's growth.
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Lance is entering an invoice for a new item of equipment in the accounts. The invoice shows
following costs:
Water treatment equipment
Delivery
$39,800
$1,100
Maintenance charge
$3,980
Sales tax
$7,854
Invoice total
$52,734
Lance is registered for sales tax. What is the total value of capital expenditure on the invoice?
A $39,800
B
$40,900
C
$44,880
D
$52,734
Answers
The total value of capital expenditure on the invoice is $44,880. Capital expenditure is a long-term investment in a firm's assets to increase revenue or reduce costs. So, the correct answer is C $44,880.
Lance is registering an invoice for a new piece of equipment in the accounts. The invoice indicates the following costs: Water treatment equipment Delivery $39,800 $1,100Maintenance charge $3,980Sales tax $7,854Invoice total $52,734Lance is enrolled in sales tax. We have to determine the total value of capital expenditure on the invoice. Therefore, the total value of capital expenditure on the invoice is: $44,880.
The total value of capital expenditure includes the following items:
Water treatment equipment delivery and maintenance charge. The invoice total includes sales tax, which is not part of the capital expenditure. As a result, we must subtract the sales tax from the invoice total.
Invoice total = Water treatment equipment delivery + maintenance charge + sales tax$52,734 = Water treatment equipment delivery + $1,100 + $3,980 + $7,854
Water treatment equipment delivery = $52,734 - $1,100 - $3,980 - $7,854Water treatment equipment delivery = $39,800. Therefore, the total value of capital expenditure on the invoice is $39,800 + $3,980 = $44,880. So, the correct answer is C $44,880.
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Better managing a daily scheduler through effective time management can reduce stress on the job.
Answers
Answer:
Good time management is essential if you are to handle a heavy workload without excessive stress. Time management helps you to reduce long-term stress by giving you direction when you have too much work to do. It puts you in control of where you are going and helps you to increase your productivity
Answer:
it helps put your daily life at relief
Explanation:
why are manufactured goods more valuable to the economy than services (select all that apply)
1. manufactured goods can be exported to other countries
2. manufacturing workers have more money to spend on other goods and services
3. manufactured goods are less expensive than handmade goods
4. manufacturing workers save more money than other workers.
Answers
What factors affect the selection of advertising media?
Answers
There are few things you need to consider while advertising in competitive market,
When planning your advertising, you need to consider:
the objective of the campaign (your goals)how much to spend (your budget)who to target (your audience)the type of advertising you'll use (your strategy)when you will advertise (your calendar or schedule of activity)how to monitor your success (your results).These elements are a key part of your marketing plan. You should regularly review your marketing plan to ensure that your advertising strategies are helping you to achieve your marketing goals.
Before execution/deployment campaign you need to research on below,'
#Competition :
The first thing to keep in mind is the competition. Visit their websites, see how they have done things and do them better. You can beat your competition if you bring a better product and use better online marketing strategies. It’s all about how you present your product. Different companies have different strategies and effective methods to gain an audience’s attention. Studying the moves your competition makes, learning from their trials and errors and finding a strategy that’s outweighs theirs is a fundamental factor in beating the competition.
#Customer preferences:
Know who your customers are. It’s all about what your customers prefer. Give them a product that they would really commit to and appreciate and more importantly sell it or launch it in a manner that will capture the audience’s attention. If your customers see what they like they will end up buying the product or service.
#Choose your strategy :The type of advertising you choose will depend on the target audience you are trying to reach and your budget and by determining the most cost-effective way to reach your audience as many times as possible.
#Develop an action plan :Developing an action plan and a timetable will give you plenty of time to meet advertising deadlines. Many advertisers are very strict with bookings and often work months ahead,Make sure you give yourself enough time to create effective advertising for occasions such as Christmas, Easter, Mother's Day and other seasonal events.
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