The projected total expenses for the 2017-2018 school year for a two-year college is $21,859.
An expense is something that necessitates the transfer of money or wealth generally from one person or organization to another as payment for a good, service, or other sort of cost. A tenant must pay rent as a cost. For parents or students, tuition is a cost. Costs are typically used to describe the price of things like food, clothing, furniture, and cars.
Expenses are costs that are typically "paid" or "remitted" in exchange for something of worth. The adjective "expensive" describes something that seems to be exceedingly expensive. "Inexpensive" describes something that seems to be affordable. "Expenses of the table" include prices related to dining, consuming alcohol, hosting a feast, etc.
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The correct question is:
For the 2017-2018 school year, at a 7% inflation rate, the average costs for one year of education at a two-year college are projected to be:
Tuition/Fees: $4,391
Living Costs: $10,406
Books/Supplies: $1,724
Transportation: $2,313
Other Expenses: $3,025
What are the projected total expenses for the 2017-2018 school year for a two-year college?
On January 1, Year 1, Willette Company sold $240,000 of 6% ten-year bonds. Interest is payable semiannually on June 30 and December 31. The bonds were sold for $180,181, priced to yield 10%. Using the straight-line method, what is the amount of interest expense that Willette will report for the six months ended June 30, Year 1?
Answer:
$10,191
Explanation:
Calculation for the amount of interest expense that Willette will report for the six months ended June 30, Year 1
First step is to calculate the Semiannual interest payment using this formula
Semiannual interest payment = Face amount × (Rate ÷ 2)
Let plug in the formula
Semiannual interest payment = $240,000 × (6% ÷ 2)
Semiannual interest payment= $7,200
Second step is to calculate the Allocation of discount using this formula
Allocation of discount = (Face value of bonds − Issue price) ÷ Number of interest payments
Let plug in the formula
Allocation of discount = ($240,000 - $180,181) ÷ (10 years × 2 payments per year)
Allocation of discount = $59,819 ÷ 20
Allocation of discount = $2,991
Now let calculate the Interest expense using this formula
Interest expense = Interest payment + Allocation of discount
Let plug in the formula
Interest expense = $7,200 + $2,991
Interest expense = $10,191
Therefore the amount of interest expense that Willette will report for the six months ended June 30, Year 1 will be $10,191
Describe the classifications of consumer products.
Consumer products are goods and services that are purchased and used by the general public. These products can be classified into different categories based on several factors, such as the level of involvement required by the customer, the frequency of purchase, the price, and the nature of the product.
The classifications of consumer products are as follows:
1. Convenience Products: These are products that are purchased frequently and with little effort. They are low-priced and require little or no research or decision-making. Examples of convenience products include everyday household items such as toothpaste, soap, and milk.
2. Shopping Products: Shopping products are those that require more effort and decision-making from the customer. They are usually higher-priced than convenience products and are purchased less frequently. Customers usually compare different options before making a purchase. Examples of shopping products include clothing, furniture, and electronics.
3. Specialty Products: These are products that are unique and have specific characteristics that differentiate them from other products. They are usually expensive and are purchased infrequently. Customers are willing to go out of their way to find these products. Examples of specialty products include luxury watches, high-end cars, and designer clothing.
4. Unsought Products: These are products that customers do not actively seek out to purchase. They are products that customers may not even know they need until they are presented with the opportunity to purchase them. Examples of unsought products include life insurance, funeral services, and emergency medical supplies.
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What do pilots do on a daily basis? What kinds of skills and knowledge does a pilot need to have? Do you think you would want the job of pilot? Why or why not?
NO LINKS I WILL REPORT!! 15 POINTS PLEASE ANSWER QUICKLY!!!
Which of these scenarios would lead to an industry requiring more productive workers?
A. Supply of goods increases, and demand for goods decreases
B. Supply of good decreases, and demand for goods increases
C. Supply of goods increases, and demand for goods remains the same
D. Supply of goods decreases,and demand for goods remains the same
Answer:
B- Supply of goods decreases, and demand for goods increases.
Explanation:
I took the quiz
Answer:
Supply of goods decreases, and demand for goods increases.
you would like to speculate on a rise in the price of a certain stock. the current stock price is $58 and a 3-month call with a strike price of $60 costs $5.80. you have $17,400 to invest. the two alternative strategies you're considering are:
The two alternative strategies that can be considered are:
Buy 3000 shares of the stock at the current price of $58, which would cost $174,000.Buy 60 call option contracts at a cost of $5.80 per share, which would cost $34,800.Assuming that the stock price increases to $70 in 3 months, we can calculate the payoff for each strategy:
1. The 3000 shares of the stock would be worth $210,000 (3000 x $70 per share), resulting in a profit of $36,000 ($210,000 - $174,000).
2. Each call option gives the right to buy 100 shares at the strike price of $60, so the total value of the options would be $60 - $58 + $5.80 = $7.80 per share. The 60 call option contracts would be worth $46,800 (60 x 100 x $7.80), resulting in a profit of $12,000 ($46,800 - $34,800).
Therefore, if the stock price increases as expected, buying the shares directly would result in a higher profit compared to buying call options. However, buying call options also offers the potential for higher returns with a lower upfront investment, although it comes with the risk of losing the entire investment if the stock price does not increase as expected. Ultimately, the decision should be based on an individual's risk tolerance and investment goals.
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In a competitive labor market, an increase in the minimum wage results in a(n) __________ in the quantity of labor supplied and a(n) __________ in the quantity of labor demanded.
In a competitive labor market, an increase in the minimum wage results in a decrease in the quantity of labor supplied and an increase in the quantity of labor demanded.
When the minimum wage is increased, it means that employers are legally required to pay their employees a higher wage. As a result, some workers who were previously willing to work for lower wages may choose not to work at all because the higher minimum wage makes it less attractive for them. This leads to a decrease in the quantity of labor supplied.
On the other hand, the increase in the minimum wage also means that employers are willing to hire more workers at the higher wage rate. This is because the higher wage makes it more attractive for employers to hire additional workers as they can now expect a higher level of productivity from each worker. Therefore, there is an increase in the quantity of labor demanded.
To summarize, an increase in the minimum wage in a competitive labor market leads to a decrease in the quantity of labor supplied as some workers choose not to work, and an increase in the quantity of labor demanded as employers are willing to hire more workers at the higher wage rate. This is because the higher wage rate affects the decisions of both workers and employers in the labor market.
In conclusion, in a competitive labor market, an increase in the minimum wage results in a decrease in the quantity of labor supplied and an increase in the quantity of labor demanded.
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Your brother has asked you to help him with choosing an investment. He has $5,000 to invest today for a period of two years. You identify a bank term deposit that pays an interest rate of 4.25 percent with the interest being paid quarterly. What will be the value of the investment in two years?
How to Apply the Rule of 72. According to the Rule of 72, $1 invested at a 10% yearly constant interest rate would increase to $2 after 7.2 years ((72/10) = 7.2). In reality, a 10% investment will double in 7.3 years ((1.107.3 = 2)).
How much entertainment, compounded annually, would it take to double a fund in six years?You may also calculate it backwards: divide 6 by 72 to get that a hobby charge of roughly 12 percent will be needed if you want to quadruple your money in six years.
What hobby costs how much per year if you want to double your money in three years?How to Apply the Rule of 72. For instance, the Rule of 72 stipulates If you want to double your money in three years, your investments must provide annual returns of between 21% and 24% (72/3 years). Similar to this, if you want to double your money in five years, your assets must grow at a rate of about 14.4% per year (72/5).
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Design, construction, tests, and use of eye and face protection must be in accordance with
ANSI
In video case study about using powerbi in rwanda, the production of what agricultural product benefited from greater transparency in the value chain between the 200,000 famers and 160 collection points for their product?.
Milk, A sustainable supply chain must include transparent production as a key component.
What is transparency in value chain?
Having a transparent supply chain means that businesses can tell internal and external stakeholders, including customers, where and how their products are made based on trustworthy data.
Visibility: Accurately recognizing and gathering information from every supply chain connection. Disclosure: Sharing the information with the appropriate level of detail, both internally and externally.
A sustainable supply chain must include transparent production as a key component. This requires entrepreneurs to be transparent about their product sourcing, detailing the precise processes taken in the supply chain to ensure that their items get at the doorstep of their customers.
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the manager at best buy gave their employees tickets to the movies whenever they sold more than $1000 worth of stereo equipment in a day. although the manager has had this policy in place for 4 weeks, they have seen no increase in sales (i.e., the behavior of the employees hasn't changed). the movie tickets would be classified as a(n) .
Although the manager has had this policy in place for 4 weeks, they have seen no increase in sales (i.e., the behavior of the employees hasn't changed). The movie tickets would be classified as unknown.
Risks that we are aware of and are also aware of their magnitude are known known risks. An corporation may, for instance, be aware that there is a chance they could lose 10% of their current client base to a new competitor.
The company is aware of the risk and has the ability to quantify it. Because all the necessary information is available, these risks are the easiest to handle.
The business only needs to make sure that it is prepared for the anticipated impact in order to manage the recognized risks. To make sure you keep an eye out for those recognized hazards, one feature may be combining a risk management methodology with business process workflows and integrated management change.
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first person get brianlyeist
Answer:
yay
Explanation:
a deduction from a full purchase amount that is repaid to the consumer is called a rebate. T/f
True, a rebate is a deduction from a full purchase amount that is repaid to the consumer. Rebates are often used as a marketing strategy by companies to entice consumers to purchase their products.
The rebate can be offered in different forms, such as a cash rebate or a mail-in rebate, where the consumer has to fill out a form and send it to the company to receive the rebate.Rebates are different from discounts, which are usually deducted at the time of purchase. With a rebate, the consumer pays the full purchase price upfront and then receives the rebate after the purchase is made. This is why rebates are sometimes referred to as "post-purchase discounts."Rebates can be beneficial to consumers who are willing to wait for the rebate to be processed and returned to them. However, it is important to read the fine print and understand the terms and conditions of the rebate offer, as some may have restrictions or expiration dates. It is also important to follow the instructions carefully to ensure that the rebate is received.
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steps in the decision-making process.
There are
a. 5
b. 7
C. 6
d. 4
Please select the best answer from the choices provided
A
B
C
D
Answer:
B
Explanation:
Answer:
B
Explanation:
Trust.
"I can't believe it! We've spent 18 months developing a relationship with that client. Our families have even socialized together. We've become friends. And they use a one-sentence memo to tell us that we were not selected for the big contract! Not a word of thanks, not a clue as to why we were not selected. I'm very disappointed" said Hugh, Vice President of Sales. Hugh was particularly disappointed because:__________.
i. a personal text message would have been the richest medium for communicating this information memos are the least rich medium for communicating this information
ii. a personal note would have been the richest medium for communicating this information
iii. a face-to-face meeting would have been just as rich as an electronic mail message.
iv. a phone call would have been a richer medium for communicating than a face-to-face conversation
Answer:
ii. a personal note would have been the richest medium for communicating this information
Explanation:
ii. a personal note would have been the richest medium for communicating this information
In the given passage, Hugh was particularly disappointed because a personal note would have been the richest medium for communicating this information. Therefore, option B is the correct option.
When does a person face disappointment?
A person faces disappointment when his or her expectations or desires are not accomplished. Disappointment means unhappiness which is caused when some desire or wanted thing is lost or can not be obtained.
In the given passage, since Hugh and his family spent so much time with the client and his family, he expected them that they should at least inform them informally about their being rejected for the contract. The reason behind his disappointment is the expectation and not fulfilling the same as he wanted. Disappointment is the consequence of thoughts and expectations which are different from reality.
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if currency held by the public equals $100 billion, reserves held by banks equal $50 billion, and bank deposits equal $500 billion, then the money supply equals: group of answer choices $100 billion. $150 billion. $600 billion. $650 billion.
If currency held by the public equals $100 billion, reserves held by banks equal $50 billion, and bank deposits equal $500 billion, then the money supply equals $150 billion. The correct option is (B).
What do you mean by money supply?The entire amount of cash—as well as coins, and amounts in bank deposits existence, is defined as the money supply.
The money supply is typically understood as a collection of secure assets that individuals, companies, and governments can use to make payments or keep as short-term investments.
High-powered Money is the term used to describe the currency issued by the Reserve Bank of India (RBI) and the government (H). Publicly owned currency and bank cash assets are included.
Therefore, if currency held by the public equals $100 billion, reserves held by banks equal $50 billion, and bank deposits equal $500 billion, then the money supply equals $150 billion.
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Suppose a consumption function is given as C = $150 + 0.75YD. The marginal propensity to save is:
150.
0.75.
0.25.
-0.75.
The marginal propensity to save (MPS) represents the proportion of each additional dollar of disposable income that is saved rather than spent on consumption. I
n the given consumption function C = $150 + 0.75YD, the coefficient of YD (disposable income) represents the marginal propensity to consume (MPC), which is 0.75. Since MPS + MPC = 1, we can calculate MPS by subtracting MPC from 1. Therefore, MPS = 1 - 0.75 = 0.25.
This implies that for every additional dollar of disposable income, 25 cents will be saved. In other words, 25% of any increase in disposable income will be allocated to savings. This indicates a relatively high propensity to consume, as the MPS is lower than the MPC.
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What are some actions that may be taken by a nation to reduce interest rates in a country
Answer:
If needed, the Federal Reserves has the ability to lower interest rates.
Explanation:
PLZZZZZ HELP!! 20 POINTS!!
Answer:
i say B or D
Explanation:
out of all of them, the most reasonable would be the money you make from the partnership.
As a business owner, Marlon analyzed the economy to determine if it is a good time to open a new shop. What facts probably helped him realize that it is a good time do it?
Low unemployment rate and prices are rising slowly
High unemployment rate and prices are rising quickly
Few homes are being sold and restuarants are closing
Prices aren't changing and factories are shrinking
As a business owner, Marlon's decision to open a new shop would have been influenced by several economic factors. The two factors that probably helped him realize that it is a good time to do so are the low unemployment rate and slowly rising prices. These indicators suggest a stable economy with a healthy labor market and a controlled inflation rate. The correct option is a.
A low unemployment rate implies that there is a high demand for labor, which means that consumers have purchasing power to support businesses. In addition, low unemployment rates tend to increase consumer confidence, which can translate into higher spending and revenue for businesses. The slowly rising prices also suggest that inflation is under control, which means that consumers are not feeling the pinch of increasing costs of goods and services. This can lead to increased spending and growth in the economy.
On the other hand, the other options presented in the question, such as high unemployment rates and quickly rising prices, few homes being sold, and restaurants closing, indicate a weak or declining economy. High unemployment rates and quickly rising prices can result in decreased consumer confidence and lower spending, which can be detrimental to businesses. Few homes being sold and restaurants closing are also signs of a weak economy with decreased demand. The correct option is a.
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You are going into business with 4 equal partners (not counting yourself). If in 6 years, the business is making a profit of $1,000,000, what is your share?.
Answer:
5p=1000000
p=1000000/5
p=200000
Smith Company the following information on the financial statements: Net Income $50,000 Earnings Per Share 0.50 per share Average number of Common Shares Outstanding 250,000 shares Market Price $2 per share What is the price/earnings ratio (to the nearest whole number)
Answer:
4
Explanation:
The price/earnings ratio is calculated as the market price of $2 per share / 0.50 earnings per share = 4
Negative impacts of strikes on businesses as an economic issue
The major negative impact of strikes on businesses as an economic issue results in less productivity.
What do you mean by business?A business refers to an organization that is engaged in commercial, industrial, or professional activities.
The negative impact of the strike on businesses is that it affects the teamwork, profitability, and productivity of the business.
Businesses may have to suffer financial and production losses and consumer confidence is badly affected.
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Which of the following refers to the balance an account is always supposed to have?
Normal balance
Debits
Credits
Double-entry system
Answer:
Normal balance
Explanation:
Accounts are expected to have either debit or credit balance, depending on their classification. The accounting equation of Assets is equal to equity plus liabilities is the basis for account classification. Assets accounts are on one side, while accounts relating to equity and liabilities are on the other.
Accounts have normal balances if the balances at the end of a period are as expected. Assets accounts are expected to have debit balances, while equity and liabilities accounts should have credit balances.
Fantastique Bikes is a company that manufactures bikes in a monopolistically competitive market. The following graph shows Fantastique’s demand curve, marginal revenue curve (MR), marginal cost curve (MC), and average total cost curve (ATC). Place the black point (plus symbol) on the graph to indicate the short-run profit-maximizing price and quantity for this monopolistically competitive company. Then, use the green rectangle (triangle symbols) to shade the area representing the company’s profit or loss.Given the profit-maximizing choice of output and price, the shop is earning ( ..........) profit, which means there are ( ..........) shops in the industry than in long-run equilibrium.
Now consider the long run in which bike manufacturers are free to enter and exit the market.
Show the possible effect of free entry and exit by shifting the demand curve for a typical individual producer of bikes on the following graph.Which of the following statements are true about both monopolistic competition and monopoly? Check all that apply.
1. Firms are not price takers.
2. Price equals average total cost in the long run.
3. Firms can earn positive profit in the long run.
4. Firms earn zero profit in the long run.
Firms earn zero profit, in the long run, is true about both monopolistic competition and monopoly. Thus, option D is correct.
What are manufacturers?
A manufacturer is really a person or business that turns building resources into completed products and uses a range of instruments, machinery, and procedures, but then just sells those products to customers, wholesalers, distributors, stores, or other factories that can use them to make more complicated products.
The following figure shows the potential impact of free entrances by moving the market equilibrium for a great fit bike manufacturer. In the long term, both monopoly and dominance result in firms earning normal profits. Therefore, option D is the correct option.
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In Ch. 1 of Nordhaus’ book Climate Casino, he states "Economics points to one inconvenient truth about climate-change policy: For any policy to be effective, it must raise the market price of CO2 and other greenhouse gas emissions." (p.6). Do prices affect people’s behavior toward the environment? Consider people’s responses to very high gasoline prices. Do high gasoline prices reduce the environmental effects of using gasoline? In addition to gasoline prices, find an example of how prices might affect people’s behavior toward the environment.
In both cases, high prices alter individuals' incentives and behavior, leading to more environmentally friendly choices. The economic principle behind this is that when the cost of a certain activity increases, people are motivated to find alternatives or reduce their consumption, which can have positive environmental effects.
Yes, prices can significantly influence people's behavior towards the environment. The example of gasoline prices is a clear illustration of this. When gasoline prices are high, individuals tend to alter their behavior by reducing their consumption of gasoline. They may opt for more fuel-efficient vehicles, carpool, use public transportation, or choose alternative modes of transportation such as cycling or walking. These responses to high gasoline prices contribute to a decrease in the environmental effects of using gasoline, as it leads to reduced greenhouse gas emissions and air pollution.
Another example of how prices can affect people's behavior towards the environment is the use of plastic bags. In many places, governments have implemented policies such as imposing a price or tax on plastic bags. As a result, consumers are incentivized to bring their own reusable bags or opt for alternatives such as paper bags. The higher price or tax on plastic bags encourages people to reduce their consumption and ultimately reduces the negative environmental impacts associated with plastic waste, including pollution and harm to wildlife.
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Fujitsu Siemens Computers is a legally independent company of which Fujitsu and Siemens each own 50 percent. This collaboration is an example of a(n) __________, which is effective at transferring __________.
A. joint venture; explicit knowledge
B. joint venture; tacit knowledge
C. equity strategic alliance; tacit knowledge
D. nonequity strategic alliance; explicit knowledge
Answer:
B. joint venture; tacit knowledge
Explanation:
A joint venture (JV) is a business arrangement where two or more persons are agreed to pool their resoruces in order to attain a particular task. It can be the new project or any kind of business activity
So as per the given situation since both owns 50% perceny that means they are engaged in the joint venture also in this, the tacit knowledge are considered to be effective
So the option b is correct
which fire department-related facility stores items needed on a daily basis by the fire stations and offices, houses nonmotorized equipment, and repairs hose?
Warehouse/central stores. An institution that offers services for fire prevention and suppression is known as a fire department or fire brigade, often referred to as a fire authority, fire and rescue, or fire service in some places.
Fire departments are a component of the community. In the United States, there are over 31,000 municipal fire departments and over a million firemen, of whom about 750,000 work as volunteers. Small, rural villages with less than 5,000 persons are protected by more than half of firemen, and many places depend on volunteer departments with limited funding. The development of mutual aid agreements to share resources is one of the greatest approaches for these places, which are outside of big urban centres. This strategy enhances readiness for and reaction to fires and other catastrophes.
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How many products cost less than five dollars?
Responses
a. 10
b. 12
c. 22
d. 19
According to the question 19 products cost less than five dollars.
What is products?Products are tangible items that are produced, manufactured, or created for sale or exchange. They are typically designed to meet the needs of customers and are made to solve a specific problem. Products can range from simple items such as toothbrushes to complex items such as cars. The purpose of a product is to provide a solution to the customer's needs. Companies spend significant amounts of time and resources researching, designing, and testing products before they are released to the public. Products can be divided into categories such as food and beverages, clothing and footwear, home appliances, electronics, and industrial products. Companies often use the latest technology, materials, and innovative designs to create products that are reliable, high-quality, and cost-effective. An effective product must be able to meet customer needs and expectations, while also being able to stand out from the competition. Companies must also ensure that their products are safe to use and meet regulatory standards.
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Loan Comparison
Loan 1
Loan 2
$5000. 00
$5000. 00
4%
4%
Principal
interest
Rate
Monthly
Payment
$148. 00
$113. 00
Duration
36 months
48 months
A. $328. 00
C. $592. 00
How much money will a borrower using Loan 2 pay in interest over the life of the loan?
The borrower using Loan 2 will pay $424 in interest over the life of the loan.
Define the term "borrower." someone who accepts something with the intent to return it or something similar. Lender and loaner are synonyms. someone who extends credit or makes loans in commercial situations. Freeloader, etc. This is the person or business who extends a credit line for a certain amount to a potential borrower, also known as an application. The borrower is obligated to return the loan amount plus any applicable interest within the specified time period.
Using Loan 2, the borrower will pay a monthly payment of $113 for 48 months, which results in a total payment of $113 x 48 = $5,424.
The total interest paid on the loan can be calculated by subtracting the principal from the total payment: $5,424 - $5,000 = $424.
Therefore, the borrower using Loan 2 will pay $424 in interest over the life of the loan.
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In Figure 4.8, how has demand for baseball cards
changed at each of these prices: $20, $30, and $40?
According to law of demand, other things remaining constant, the quantity demanded of the commodity increases as price decreases and vice versa.
What is demand?Demand in economics refers to a consumer's readiness to pay a particular price for goods and services as well as their desire to buy them.
Demand for a good or service typically declines when its price goes up. The amount needed will rise when a product's price drops, in a similar manner.
Consumers and businesses are quite familiar with the idea of demand because it makes sense and happens organically throughout the course of almost any day.
For instance, when a product's pricing is low, shoppers who are keeping an eye on it will buy more of it. When costs increase, such as during a change in season, consumers may buy less or even nothing at all.
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