The earnings for the year are:
(a) Annually: $14,210
(b) Quarterly: $14,212.64
(c) Monthly: $14,214.19
(d) Daily: $14,214.35
To compute the earnings for the year, we will use the formula for compound interest:
\(A = P(1 + r/n)^(nt)\)
where A is the future value, P is the principal amount, r is the annual interest rate, n is the number of times interest is compounded per year, and t is the number of years.
Given:
P = $14,000
r = 1.5% or 0.015
n = number of compounding periods per year
(a) Annually:
n = 1
A = 14,000(1 + 0.015/1)¹
A = 14,000(1.015)
A = $14,210
(b) Quarterly:
n = 4
A = 14,000(1 + 0.015/4)⁴
A = 14,000(1.00375)⁴
A = $14,212.64
(c) Monthly:
n = 12
A = 14,000(1 + 0.015/12)¹²
A = 14,000(1.00125)¹²
A = $14,214.19
(d) Daily:
n = 365
A = 14,000(1 + 0.015/365)³⁶⁵
A = 14,000(1.000041)³⁶⁵
A = $14,214.35
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Latrice works in product design for a cell phone manufacturer. She researches what people like and dislike about their current cell phones and then draws up ideas for new designs. What skill might benefit Latrice in her career?
A. Latrice is great with math and keeping things in order.
B. Latrice is outgoing and friendly.
C. Latrice is artistic and has a great imagination.
D. Latrice loves the outdoors.
However, a capacity utilization rate that is nearing 100% is ............... because .......
Answer:
A capacity utilization rate that is nearing 100% is ideal because it means that company's actual output is almost the same as its maximum possible output.
Explanation:
Capital utilization rate is used to calculate the rate at which levels of output are met. It is defined by the given formula:
Capacity utilization = (Actual level of output / Maximum level of output) · 100
If the Capacity utilization rate is near 100%, it means that actual level of output is almost same as the maximum level of output, which is considered as the Ideal rate.
Ideal rate is usually not possible because there are a lot of hurdles in the processes. A rate of 85% is considered the optimal rate for most companies.
the negotiation strategy that would generally be the most appropriate to use in a distributive bargaining situation is: collaboration accommodation compromise competition
The negotiation strategy that would generally be the most appropriate to use in a distributive bargaining situation is because it sets their reservation price (RP) based on their Best Alternative to a Negotiated Agreement .
What is the reservation price?The least advantageous price at which you will agree to a negotiated deal is the reserve price. For a vendor, for instance, this would be the lowest sum (minimum) or the final price they would accept. It would represent the highest (maximum) or lowest price that a buyer would be willing to pay.
The zone of probable agreement (ZOPA), or the range of pricing that each side is ready to pay or accept, is the focal point of these conversations most of the time. For instance, if the customer pays $10 and your reservation fee is $5, the ZOPA is any sum between $5 and $10.
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state law of diminishing returns
Answer:
see below
Explanation:
The law of diminishing marginal returns indicates that in every production process, adding one more input while holding the others constant will result in the overall decrease in output.
According to this law, adding one more production unit diminishes the marginal returns, and the average production cost increases. Marginal returns refer to the benefits associated with the production of an extra unit.
The gain derived from the use of more input while keeping all other factor constant decreases as production increases. For example, employing more workers while all other variables remain constant will result in reduced labor productivity.
Which of the following is a normative statement? Select one: a. The elimination of trade restrictions would increase an economy's standard of living. b. Gasoline prices ought to be lower than they are now. c. In response to the most recent recession, the federal government extended the duration of unemployment benefits. d. A decrease in the minimum wage would decrease unemployment. 16) Which of the following statements is true? Select one: a. Economists use one standard set of assumptions to answer all economic questions. b. Historical episodes are not valuable to economists. c. While the scientific method is applicable to studying natural sciences, it is not applicable to studying a nation' s cconomy. d. The scientific method can be applied to the study of economics.
Gasoline prices ought to be lower than they are now is a Normative statement. So, the correct option is B. The actual statement is d. The scientific method can be applied to the study of economics.
A normative statement expresses a value judgment or opinion about what should or should be. It involves subjective opinions and cannot be tested or proven true or false based solely on economic analysis. In this case, statement b. "Gasoline prices ought to be lower than they are now" is a normative statement. It reflects a subjective opinion about the ideal or desired level of gasoline prices. It is not a statement that can be objectively proven or disproven using economic analysis alone. The word implies a value judgment that lower gasoline prices would be preferable. However, different individuals or groups may have different opinions on the "correct" or "ideal" level of gasoline prices based on their perspectives and interests. Economics is a social science that seeks to understand how individuals, businesses, and societies choose and allocate resources. The scientific method, which involves systematic observation, formulation of hypotheses, data collection, analysis, and conclusion, applies to the study of economics. Economists use the scientific method to study economic phenomena, test theories, and make predictions about economic behavior. They gather data, develop models and ideas, and test them using empirical evidence. Through this process, economists seek explanations and insights into various economic phenomena, such as market behavior, consumer choices, production processes, and policy outcomes. While the economic analysis may involve complexities and uncertainties due to economic systems' dynamic and interdependent nature, the scientific method provides a framework for systematic and rigorous economic inquiry. It allows economists to generate knowledge, refine theories, and contribute to understanding economic behavior and its implications.
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How can Jordan apply price policy?
Jordan's Underprices
If you find a lower advertised price on identical merchandise under the same terms and conditions from another store-based retailer within the local Retail Trade Area, within 30 days of purchase, Jordan's Furniture will refund the difference.
Industry: Retail; Furniture
GOOD MORNING! I REALLY NEED HELP AND WOULD BE FOREVER HAPPY! I WILL GIVE BRANLIEST. AT LEAST COME LOOK!!
2. Carmine bought a house. However, he later discovered that terms of the mortgage were not what he had been promised and the payments are going to be significantly higher than he agreed to. Which agency could help him resolve this issue?
A) The Treasury Department
B) The Internal Revenue System
C) The Federal Trade Commission
D) The Department of Housing and Urban Development
3. Which BEST describes when should a person begin estate planning?
A) whenever they acquire their own estate.
B) as soon as they have disposable income
C) when they have acquired some money and property
D) when a person is ready to take on adult responsibilities
Answer:
C. The Federal Trade Commission
B. As soon as they have disposable income
Explanation:
The Federal Trade Commission and as soon as they have extra money Nevertheless, he later realized that the mortgage's terms were not what he had been promised, and the payments would be substantially more than he had agreed to .therefore (C) and (B) are the right choices.
What do you know about Mortgage loan?A mortgage loan, often known as a simple mortgage is a loan that real estate buyers use to raise money to purchase real estate, as well as loans used by current property owners to borrow money for any purpose while enforcing a lien on the real estate being mortgaged.
Mortgage origination, a procedure, is how the loan is "secured" against the borrower's home. This means that, in the event that the borrower defaults on the loan or otherwise violates its terms,
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Those who manage the work on the front lines are most involved with what component of the planning process?.
Those in charge of monitoring action on the front lines typically handle the operational planning element of the planning process.
Operational planning is a helpful document that details the primary duties and objectives a company will pursue during a specified time period, typically a year
What is more about planning process.Planning is the act of dividing one's thoughts into manageable steps. Planning is divided into four primary categories: strategic, tactical, operational, and contingency planning. To determine their goals and objectives, organizations use the strategic planning process.
Operational planning is a helpful document that details the primary duties and objectives a company will pursue during a specified time period, typically a year. It frequently has connections to finance agreements and, in a broader sense, to the organization's strategic objective.
A manufacturer developing a plan to increase sales by 30% is an example of operational planning.
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Alice owns a cafe in the Brisbane CBD. Due to the large number of cafes in area, the market is highly competitive. 1. If Alice experiences economic losses, she would definitely leave the market immediately. 2. Alice is a price taker. 3. If the market price is above the minimum ATC for the profit maximising quantity Alice produces, Alice is making an economic profit. Which of the above statements are true: A. Only 1 is true. B. Only 2 is true. C. Both 1 and 2 are true. D. Both 2 and 3 are true. E. All three are true.
The correct statement are Alice is a price take and if the market price is above the minimum ATC for the profit-maximizing quantity Alice produces, Alice is making an economic profit. Option d is correct.
In economics, a price taker is a term used to describe a company or person who accepts the market price for a commodity or service and has little or no influence over the market price. Since Alice owns a cafe, she would have to accept the market price for goods and services, making her a price taker. As a result, option B, which states that only 2 is true, is accurate.
In economics, ATC refers to the average total cost, which is the total cost of producing a commodity or service divided by the quantity produced. As a result, if the market price exceeds the minimum ATC for the quantity produced, the firm will earn an economic profit.
Hence, option D, "Both 2 and 3 are true," is the correct choice.
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a musical instrument manufacturer is considered the best in the industry in terms of human resource management and its excellent supply chain that assures the company will deliver products on time. which macro strategy does this company demonstrate to achieve a sustainable competitive advantage?
Operational excellence is the plan for Niro music to gain a competitive advantage.
Early in the 1970s, Dr. Joseph M. Juran introduced the concept of operational excellence while educating Japanese industry leaders on how to improve quality. It was defined in the United States in the 1980s in reaction to "the crisis" experienced by large, established firms, whose market share was decreasing as a result of high-quality items imported from Japan.
An excellent workplace culture can be fostered using certain strategies and ideas that are part of the operational excellence style of thinking. Each employee must be able to recognise, provide for, and improve the flow of value to a client for there to be operational excellence.
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how do you do this need help, please
Answer:
Seems it would still be in the 50-s range of numbers. Maybe 55. I hope this helps!
Explanation:
You would do this by seeing how far down the line chart goes and if its a larger number at the end then it probably switches numbers faster.
Answer:
55
Explanation:
Select the correct answer. What is a SWoT analysis?
A. marketing strategy
B. a market research strategy
C. a strategy to spot opportunities D. a strategy to allocate resources E. astrategy to understand resource allocation
Answer:
B
Explanation:
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. SWOT analysis (or SWOT matrix) is a strategic planning technique used to help a person or organization identify strengths, weaknesses, opportunities, and threats related to business competition or project planning.
Answer:
I think its C.
Explanation:
I'm trying to find the answer, too, but I know it's not B because I got it wrong before. D and E don't match SWOT at all, so those are out. It's either A or C. C seems the better bet though, as what I've learned from the internet, it helps in deciding a market research strategy, not being one itself.
So C is the right answer from using the process of elimination.
Which is better Canes or Zaxbys?
The Grand Inn is a restaurant in Flagstaff, Arizona. It specializes in southwestern style meals in a moderate price range. Paul Weld, the manager of Grand, has determined that during the last 2 years the sales mix and contribution margin ratio of its offerings are as follows. Percent of Total Sales Contribution Margin Ratio 50% 25% 50% 80% Appetizers Main entrees Desserts Beverages 50% 10% 25% Paul is considering a variety of options to try to improve the profitability of the restaurant. His goal is to generate a target net $117,000. The company has fixed costs of $1,053.0oo per year.
The target profit sales revenue is $2,381,516 and
A target profit is the profit goal a company has set itself and in order to calculate the sales revenue needed to reach this target, the total fixed cost and weighted average contribution margin are used.
Percent of Total Sales Contribution Margin Ratio Weighted average Margin
Appetizers 15% 60% 9%
Main entrees 50% 25% 12.5%
Desserts 10% 5% 5%
Beverages 25% 80% 20%
Totals 100% 46.50%
Target Profit sales revenue = Target Profit + Fixed Cost / Weighted Average Contribution Margin Ratio
= $117,000 + $1,053,000 / 46.5%
= $2,381,516
Percent of Total Sales Target Profit Sales Revenue
Appetizers 15% 357,227
Main entrees 50% 1,190,758
Desserts 10% 238,152
Beverages 25% 595,379
Total 100% $2,381,516
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How does APR make borrowing money a more transparent process?
The interest rate on a credit card is known as the APR. It is the annual percentage rate of interest that you will be charged if you carry a balance, and it frequently changes from card to card.
What is APR stand for?The Accreditation in Public Relations (APR) accreditation distinguishes you from your colleagues and positions you as a leader and mentor in the cutthroat public relations industry by vouching for your ambition, professionalism, and ethical standards.
Is the accuracy of loan comparisons improved by APR?The cost of borrowing money is determined by the interest rate, but because the APR also accounts for additional fees related to getting a loan, notably a mortgage, it provides a more accurate picture of overall borrowing costs.
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Mary is a stay-at-home mother whose husband died. She has two small
children to care for, and her husband was the primary wage earner for their
family. What Social Security benefits would care for Mary and her children?
A) retirement benefits
B) disability benefits
C) survivor’s benefits
D) worker’s compensation
Answer:
The answer that I think would be correct is option C (survivors benefits)
Explanation:
Retirement benefits definition: a form of social insurance payment made by the US Social Security (for age 62 and older) considering that Mary has two small kids, she probably isn't that old.
Disability benefits: in order to be eligible, you have to be unable to do regular or customary work for at least right days. Considering the fact that Mary is a stay at home mother then she wouldn't be employed.
Survivors benefit: this allows a retiree to ensure after death, a continuous lifetime annuity for their dependents.
Workers compensation: provision of benefits to employees who suffered work related injuries. Mary's husband most likely didn't die in the work place.
Marcia has two credit cards and would like to consolidate the two balances into one balance on the card with the lower interest rate. The table below shows the information about the two credit cards Marcia currently uses. Card A Card B Amount $1,389. 47 $1,065. 32 APR 16% 12% Monthly Payment $39. 38 $28. 05 After 4 years, approximately how much will Marcia have saved in interest by consolidating the two balances? a. $1,890. 24 b. $133. 92 c. $543. 84 d. $1,346. 40.
Answer:
The answer is B$133 I think it is
How many years would it take for money to increase to 3 times the initial amount at an interest rate of 18% per year?
Answer:
7 years (to the nearest year)
Explanation:
Given that;
A = amount
P= principal
t = time
r = rate
A =3P(given in the question)
Formula for compound interest;
A = P(1 + r)^t
Substituting values;
3P = P(1 + 18/100)^t
3P/P= (1.18)^t
3 = (1.18)^t
log 3 = t log 1.18
t = log 3/log 1.18
t = 0.4771/0.0719
t = 6.6 years
t = 7 years (to the nearest year)
the economic value of ecotourism
Answer:
Explanation:
Ecotourism is a type of tourism to conserve and improve natural rural areas. It fuses the ideas of environmental protection, cultural awareness, and low impact travel for vacationers.
It has three main goals. They are:
1. To economically and socially benefit local people
2. Conserve the existing culture and habitat of a region.
3. Prevent harmful impacts to the environment.
Ecotourism celebrates the hyper-local importance of regional biodiversity, nature and geography. It helps appreciate the beauty of animals and plants without impacting them with pollution, excessive water and energy use and overcrowding.
Countries like Costa Rica, Madagascar, Kenya, and Ecuador have adapted ecotourism very integrally.
Some of the possible economic benefits of ecotourism are that it can provide job opportunities to the local community which will provide them with a source of income and improved lifestyle for the locals. It can bring foreign currency into the country when the foreigner pays for entrance fees, local food, souvenirs etc.
According to United Nations World Tourism Organization there were an estimated 25 million tourist arrivals in 1950, but that number increased drastically by 2018, reaching an astonishing 1.4 billion tourist arrivals. In 2019, global travel and tourism contributed to 8.9 trillion to the world's GDP.
Ecotourism should also include education and interpretation for cultural bridge building. This fosters respect between staff, visitors, community members and increase its economic value. It not only maintains a healthy ecosystem but also provides economic support to those who need it.
Celia's firm has developed a breakfast cereal targeted toward children. Rather than compete in the mature U.S. market, she has decided instead to introduce the product in Europe, where she feels it will be innovative. Her advertising agency urged caution because__________.
a. print media are different in Europe, and it would be difficult to create a global campaign.
b. advertising regulations differ in other countries, including advertising to children.
c. domestic advertising agencies cannot earn commissions on advertising they place overseas.
d. research indicates that European children do not eat breakfast as often as American children.
e. literacy rates are significantly lower in Europe, and print ads would be ineffective.
Answer:
b. advertising regulations differ in other countries, including advertising to children.
Explanation:
Cecilia decided tolo introduce the her cereal advert in Europe, where she feels it will be innovative.
Thai was done to avoid competing in the mature U.S market.
It will be important for Cecilia to consider the advertising regulations on Europe.
There can be differences in what is considered appropriate in an advertisement in Europe.
She will need to ensure the content of her adverts complies with what is deemed appropriate content in Europe
The collection of alternatives a consumer actually considers when making a decision is known as the _______.
An evoked set serve as the brands which usually comes to the mind, when a consumer is in need of a product or service.
The term that explains the collection of alternatives a consumer that is been considered when making a decision is regarded as evoked set .An evoked set serve as the brands which usually comes to the mind, when a consumer is in need of a product or service.Therefore, evoked set is the correct term.
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question content area the flow of data through the accounting information system includes analyzing transactions, journalizing, posting, and preparing a trial balance. a. true
b. false
a. true The statement that the flow of data through the accounting information system includes analyzing transactions, journalizing, posting, and preparing a trial balance is true.
The flow of data through the accounting information system typically includes the following steps:
Analyzing transactions: This involves examining and understanding the financial transactions that occur within a business, such as sales, purchases, expenses, and payments.
Journalizing: Once the transactions are analyzed, they are recorded in a journal, which is a chronological record of all the company's transactions. Each transaction is recorded in a separate journal entry, including the date, accounts affected, and the amounts involved.
Posting: After the transactions are recorded in the journal, they are posted to the general ledger. The general ledger is a collection of accounts that summarizes the financial activities of the business. Each journal entry is transferred to the appropriate accounts in the general ledger.
Preparing a trial balance: A trial balance is prepared to ensure that the total debits equal the total credits in the general ledger. It lists all the account balances at a specific point in time and serves as a preliminary step in preparing financial statements.
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A disadvantage of using credit is impulse buying
True or False
Answer:
True
Explanation:
Impulse buying is making unplanned or non-budgeted purchases. In impulse purchases, buying decision is based on attraction rather than the need to have the item.
Making payment via a credit card is incurring a debt. One does not need to have money on their account for the payment to go through. It means one can spend money that they do not have on hand or at the bank. A credit card permits one to make payments for goods they had not planned to buy. It can encourage the buying of items that are not required.
McGlone Corporation had a 1/1/10 balance in the Allowance for Doubtful Accounts of $15,000. During 2010, it wrote off $10,800 of accounts and collected $3,150 on accounts previously written off. The balance in Accounts Receivable was $300,000 at 1/1 and $360,000 at 12/31. At 12/31/10, McGlone estimates that 5% of accounts receivable will prove to be uncollectible. What should McGlone report as its Allowance for Doubtful Accounts at 12/31/10
Answer:
18,400
Explanation:
define free enterprise
Free enterprise is an economic system where businesses and individuals are able to make their own economic decisions without government interference. This is also known as a market economy.
In a free enterprise system, businesses are able to produce and sell goods and services without government control. Additionally, consumers are able to purchase goods and services according to their own preferences and budget.
In a free enterprise system, the government's role is primarily limited to enforcing the rule of law and protecting property rights. The government does not typically regulate prices, production, or distribution of goods and services.
Instead, the market forces of supply and demand determine the prices and quantities of goods and services that are produced and consumed.
Free enterprise is characterized by competition and entrepreneurship, which are thought to be key drivers of innovation, efficiency, and economic growth.
In a free enterprise system, businesses that are able to provide goods and services at lower prices or higher quality than their competitors will tend to be more successful, while businesses that are less efficient or less able to meet consumer demands will tend to be less successful.
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Making a list of the advantages and disadvantages is a good strategy to help you compare your choices.
True or False
Answer: True
Explanation: it helps you see the advantages and disadvantages and compare them
It is accurate to say that making a list of benefits and drawbacks is an excellent way to compare your options.
What is a strategy?A general plan to accomplish one or more long-term or overall goals in the face of uncertainty is known as a strategy. The term was first used in the 6th century C.E. in Eastern Roman terminology, and it wasn't until the 18th century that it was translated into Western vernacular languages in the sense of the "art of the general," which included several sections of skills such as military tactics, siegecraft, logistics, etc.
From that point forward, and up to the 20th century, the term "strategy" grew to mean "a comprehensive means to try to attain political aims, including the threat or real use of force, in a dialogue of wills" in a military battle, in which both opponents interact. Strategy is crucial because there are typically few resources available to accomplish goals.
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Capitalizing the cash cost of a piece of equipment is.
Answer:
converting it to an asset on the balance sheet.
Explanation:
Capitalizing a cost means converting it to an asset on the balance sheet. For example, if a company pays $10,000 in cash for piece of equipment, its financial statements don't show that it "spent" $10,000. Rather, they show that it converted $10,000 worth of cash into $10,000 worth of equipment, an asset.
What are 2 examples of transactions that do not affect the business?
Answer:Answer is True. For example, a sale of goods for cash. Cash (an asset) is increased while inventory (an asset) is decreased. Note that the transaction affects two account on the same side because both of cash and inventory are assets but the net effect leaves the equation in balance
If you get into a car accident, your___________ may increase because you will be considered riskier for insurance companies to cover
A. Car loan payment
B. Insurance premium
C. Taxes
D. Claims adjustment
Answer:
B. Insurance premium
Explanation:
If you get into a car accident, your Insurance premium may increase because you will be considered riskier for insurance companies to cover. Thus, option B is correct.
What are companies?A corporation is a legal body formed by a number of people to conduct and manage a business entity, whether it be commercial or industrial. An organizational model that will work as an individual representative and not in a collective manner.
As you already must be paying some amount of insurance premium, that premium will help you pay for the damage that has occurred this time. but still, when you next time may have a plan, they will increase the insurance premium.
After the accident, you have shifted from a lower-risk person to a higher-risk person. Therefore, option B is the correct option.
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In parliamentary procedure, a meeting begins when the chair person says which of the following phrases?
a. We will now begin the meeting.
b. The meeting has been called.
C. The meeting will now come to order.
d. There shall be order and commencement.
Answer:
c
Explanation:
got it right on test
In parliamentary procedure, a meeting begins when the chairperson says The meeting will now come to order. Thus option A is correct.
What is parliamentary procedure?A parliamentary system, sometimes known as a parliamentarian system, is a method of democratic government whereby the executive branch obtains the backing of the legislative, usually a parliament, to whom it is answerable.
A really well agenda results in shorter sessions that go more smoothly. The topics that will be covered in what order should be listed on the agenda. Establish a priority list if there are multiple critical items.
Ahead-of-time preparation and the use of agendas is preferred by some boards. This was stating that there will be a commencement. Therefore, option A is the correct option.
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There commencement.