High levels of inflation reduce the real value of money and, hence, decreases short-run equilibrium output.
So, reduce and decrease would be correct answer.
Price increases, or inflation, can be considered of as the gradual loss of purchasing power. The average price increase of a selection of products and services over time can serve as a proxy for the rate at which buying power declines. A unit of currency effectively buys less as a result of the increase in pricing, which is sometimes stated as a percentage. Deflation, which happens when prices fall and buying power rises, can be compared to inflation.
An economy is said to be in short run equilibrium when the level of aggregate output demanded is equal to the level of aggregate output supplied.
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Select the correct answer.
Some social workers work in hospitals.
A. True
B. False
Answer:
A
Explanation:
5. Sarasota Bicycles has been manufacturing its own wheels for its bikes. The company is currently operating at 100% capacity, and variable manufacturing overhead is charged to production at the rate of 30% of direct labor cost. The direct materials and direct labor cost per unit to make the wheels are $3.00 and $3.60 respectively. Normal production is 200,000 wheels per year. A supplier offers to make the wheels at a price of $8 each. If the bicycle company accepts this offer, all variable manufacturing costs will be eliminated, but the $84,000 of fixed manufacturing overhead currently being charged to the wheels will have to be absorbed by other products. Required: a. Prepare an incremental analysis for the decision to make or buy the wheels. b. Should Sarasota Bicycles buy the wheels from the outside supplier
Answer:
It is better to make the wheels
Explanation:
Sarasota Bicycles
Incremental Analysis
Make Buy
Direct materials $3.00
Direct labor $3.60
Variable OH (3.06*30%) 1.08
Total 7.68 8
Normal production 200,000 200,000
Total Costs 1536000 1600,000
Fixed Overheads 84,000 84,000
Total Costs 1620,000 1684,000
As fixed costs are irrelevant costs that would not change whether the company makes or buys wheels and the cost to make the wheels $7.08 is less than the cost to buy $ 8.0. It is better to make the wheels . Buying the wheels from the outside supplier is costly.
a. Incremental Analysis for making the wheels at Sarasota Bicycles is as follows:
Make Buy Differential
Alternative 1 Alternative 2 Cost
Relevant cost per unit $7.68 $8.00 $0.32 ($8.00 - $7.68)
Total cost $1,536,000 $1,600,000 $64,000 (200,000 x $0.32)
b. Sarasota should not buy the wheels from the outside supplier. It should continue to make them as it saves $64,000 per year from making the wheels.
Data and Calculations:
Direct materials cost per unit = $3.00
Direct labor cost per unit = $3.60
Variable manufacturing overhead = $1.08 ($3.60 x 30%)
Total variable cost per unit = $7.68
Number of wheels per year = 200,000
Outside Supplier's Price = $8 per unit
Thus, Sarasota Bicycles gains $64,000 by making the wheels instead of buying from the outside supplier.
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Assume the following information for a company that produced 10,000 units and sold 9,000 units during its first year of operations:
Per Unit Per Year
Selling price $ 200
Direct materials $ 80
Direct labor $ 50
Variable manufacturing overhead $ 10
Sales commission $ 8
Fixed manufacturing overhead $ 295,000
Which of the following choices explains the relationship between the absorption costing net operating income and the variable costing net operating income?
A. The absorption costing net operating income will be lower than the variable costing net operating income by $29,500.
B. The absorption costing net operating income will be lower than the variable costing net operating income by $101,500.
C. The absorption costing net operating income will be higher than the variable costing net operating income by $29,500.
D. The absorption costing net operating income will be higher than the variable costing net operating income by $101,500.
Answer:
Absorption costing income is $29,500 higher than variable costing.
Explanation:
The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).
Absorption costing:
Unitary production cost= (80 + 50 + 10) + (295,000 / 10,000)= $169.5
Sales= 9,000*200= 1,800,000
COGS= 9,000*169.5= (1,525,500)
Gross profit= 274,500
Sales expense= (9,000*8)= (72,000)
Net income= $202,500
Variable costing:
Unitary production cost= 140
Sales= 1,800,000
Total variable cost= (140 + 8)*9,000= (1,332,000)
Total contribution margin= 468,000
Fixed manufacturing overhead= (295,000)
Net operating income= $173,000
Difference= 202,500 - 173,000= $29,500
Absorption costing income is $29,500 higher than variable costing.
What is the Importance of Public Personnel Management?
Public personnel management is crucial for the effective functioning of public sector organizations. It encompasses the policies, practices, and processes involved in managing the human resources of government agencies at various levels.
The importance of public personnel management can be understood from several perspectives:
1. Efficient Service Delivery: Public personnel management ensures that government agencies have competent and motivated employees who can efficiently deliver public services. By recruiting, selecting, and retaining the right people for the job, personnel management contributes to enhancing the quality and responsiveness of public services.
2. Merit-Based System: Public personnel management promotes a merit-based system where individuals are hired and promoted based on their qualifications, skills, and performance rather than favoritism or nepotism. This helps to build a professional and competent workforce and fosters public trust and confidence in government institutions.
3. Employee Development: Personnel management plays a crucial role in providing training and development opportunities to public sector employees. Continuous learning and skill enhancement programs enable employees to adapt to changing work requirements, improve their performance, and contribute effectively to organizational goals.
4. Fairness and Equity: Effective personnel management ensures fairness and equity in the treatment of employees. It establishes transparent and standardized processes for recruitment, performance evaluation, promotion, and disciplinary actions, reducing the likelihood of discrimination and promoting a culture of fairness and equality.
5. Workforce Planning: Public personnel management involves strategic workforce planning to anticipate and address future human resource needs. By identifying skills gaps, succession planning, and implementing effective recruitment and retention strategies, it ensures that the organization has the right people with the right skills in the right positions.
6. Employee Engagement and Morale: Public personnel management practices, such as performance recognition, rewards, and employee involvement, contribute to higher levels of employee engagement and morale. Engaged employees are more likely to be motivated, committed, and productive, leading to improved organizational performance.
In conclusion, public personnel management is essential for efficient and effective public service delivery, promoting a merit-based system, developing employees, ensuring fairness and equity, strategic workforce planning, and enhancing employee engagement. By focusing on the management of human resources, public sector organizations can achieve their objectives and serve the needs of the public more effectively.
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suppose that Dillon derives 40 utils of total utility from eating 3 hotdogs and 50 utils of total utility from eating 4 hotdogs. what is dillon's marginal utility from eating the 4th hotdog?
a. 50
b. 10
c. 5
d. 40
Dillon's marginal utility from eating the 4th hotdog is 10 utils. The correct option is B
To calculate Dillon's marginal utility from eating the 4th hotdog, we need to find the additional utility he gained from consuming the 4th hotdog compared to the utility he gained from consuming the 3rd hotdog.
So, the marginal utility of the 4th hotdog can be calculated as:
Marginal utility of 4th hotdog = Total utility of 4 hotdogs - Total utility of 3 hotdogs
Marginal utility of 4th hotdog = 50 - 40 = 10
Therefore, Dillon's marginal utility from eating the 4th hotdog is 10 utils, which is option (b). This means that consuming the 4th hotdog provided an additional 10 utils of satisfaction compared to consuming the 3rd hotdog.
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in companies that are expanding in global markets, hrm practices specifically need to be aligned with which of the following?
In companies that are expanding in global markets, HRM practices specifically need to be aligned with Cultural factors in the management of other countries employees in different countries.
In order to make sure that a company's human capital helps it achieve its business goals, human resource management (HRM) practises are a collection of internally consistent policies and procedures (Delery and Doty, 1996).
They divided culture into four groups: hierarchy culture, market culture, adhocracy culture, and clan culture. The Organizational Culture Assessment Instrument (OCAI) can help you evaluate your organization's culture and make strategic changes to create an atmosphere where your team can succeed in just 15 minutes.
The proper question is "In companies that are expanding in global markets, hrm practices specifically need to be aligned with which of the following? Given options: cultural or technological "
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which statement about 401(k) plans is true?
The fact that 401(k) plans are employer-sponsored is the accurate statement. These are the retired accounts that, in most cases, are sponsored by businesses.
Which of the following statements is true about a 401(k) plan?It is a retirement savings plan where the employee makes contributions to a retirement account and the employer, in some cases, matches some or all of those contributions. Benefits from a 401(k). Employee incentives including tax rebates and employer contributions are abundant with 401(k) plans.
What are 401 K plans used for primarily?Employees can contribute a portion of their salaries to individual accounts through a qualified profit-sharing plan provision called a 401(k). The employee's taxable income does not include elective pay deferrals.
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Question:-
Which statement about 401(k) plans is true?
A. 401(k) plans are sponsored by employers.
B. Employees can contribute an unlimited amount of income to
401(k) plans.
C. Employees are not allowed to make contributions to 401(k) plans.
D. 401(k) plans provide only one option for investment
Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.40 per card, and the cost of printing is $0.10 per card. The company receives $3.75 per card sold. Since the cards have the current year printed on them, unsold cards have no salvage value. Their customers are from the four areas: Los Angeles, Santa Monica, Hollywood, and Pasadena. Based on past data, the number of customers from each of the four regions is normally distributed with mean 2,300 and standard deviation 200. (Assume these four are independent.)
What is the optimal production quantity for the card?
Answer:
≈ 9644 quantity of card
Explanation:
given data:
n = 4 regions/areas
mean demand = 2300
standard deviation = 200
cost of card (c) = $0.5
selling price (p) = $3.75
salvage value of card ( v ) = $ 0
The optimal production quantity for the card can be calculated using this formula below
= u + z (0.8667 ) * б
= 9200 + 1.110926 * 400
≈ 9644 quantity of card
First we have to find u
u = n * mean demand
= 4 * 2300 = 9200
next we find the value of Z
Z = ( \(\frac{p-c}{p-v}\) )
= ( 3.75 - 0.5 ) / 3.75 = 0.8667
Z( 0.8667 ) = 1.110926 ( using excel formula : NORMSINV (0.8667 )
next we find б
б = 200\(\sqrt{n}\) = 400
Zigzag Manufacturing has just hired a new controller, Leslie Demorest. During her first week on the job, Leslie was asked to establish a budget for operating expenses in 2019. Since Leslie was not yet familiar with the operations of Zigzag Manufacturing, she decided to budget these expenses using the same procedures as the prior controller. Therefore, in order to establish a budget for operating expenses, Leslie started with actual operating expenses incurred in 2018 and added 3.8%. Leslie based this percentage on inflation as measured by the consumer price index.
Required: Comment on the effectiveness of Leslie’s budgeting strategy.
Answer:
Zigzag Manufacturing
The Effectiveness of Leslie Demorest's Budgeting Strategy
The strategy of adjusting the previous year's operating expenses with inflation is not an effective way of strategic budget planning. Leslie's budgeting strategy does not take advantage of forecasts of unexpectedly good performance and fails to provide any reaction that can occur when there are downturns in cash flow.
An effective budgeting strategy should provide the standard for the effective use of financial resources of Zigzag Manufacturing in its business operations. There are no clear goals to be achieved and an evaluation of how the goals will be achieved through the budget implementation.
Explanation:
An effective budget should be able to forecast and track revenues and expenses, which are received and incurred in pursuit of business goals and projections. An effective budget ensures that those who implement the projections contained in the budget remain motivated. The idea of adjusting previous expenses with inflation is not an effective budgeting strategy.
A major concern with Social Security is the possibility that funds will not be available when today’s tax-payers retire to become beneficiaries. According to the Social Security Trustee’s report, an increase of 1.89% in the Social Security payroll tax would keep the account full for the next 75 years. To achieve similar results, benefits would have to be decreased from the current 42% of the ending salary to 29% of the salary. Cindy is relatively new to the workforce. She has 32 years until she can retire. Her current annual salary is $45,000. 1a) Calculate how much Cindy will have to pay in Social Security tax (6.2%) based on this salary. 1b) Calculate how much Cindy will have to pay in Social Security tax if the tax was increased by 1.89%. 2a) Calculate Cindy’s annual Social Security benefit (about 42%) if her salary remains unchanged until she retires (annual average is $45,000). 2b) Calculate Cindy’s annual Social Security benefit if her salary remains unchanged but benefits (based on her annual salary of $45,000) were cut from 42% to 29%. 3) If Cindy were given a choice between the increase in Social Security tax now or the decrease in Social Security benefits when she retires, which would you recommend she choose? Explain your answer thoroughly.
If the tax was raised by 1.89%, Cindy will be responsible for paying Social Security tax 3,640.50.
Equation :1a) 45,000 * 6.2% = 2,790
1b) 45,000 * (6.2% + 1.89%) = 45,000 * 8.09% = 3,640.50
2a) 45,000 * 42% = 18,900
2b) 45,000 * 29% = 13,050
Briefing :Instead of a reduction in Social Security benefits when she retires, I believe it would be preferable to have an increase in Social Security taxes now and earn an annual pension of $18,900.
Does everyone contribute to Social Security?Regardless of whether they are employed by an employer or work for themselves, the majority of taxpayers are required to pay Social Security taxes on their income. A few categories of American taxpayers are exempt from the Social Security tax, nevertheless.
By choosing not to participate in Social Security, you can invest more of your salary in your own retirement plan. Additionally, it offers you the option to manage that portion of your income on your own terms based on biblical principles rather than letting Uncle Sam make that decision for you.
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I started my career at 30. I want to be able to retire at 58. I do not have any money to put away today, but I can put away $1,000 a month at 5% How much
will I have at retirement?
After 28 years of consistent monthly contributions at a 5% annual rate of return, your retirement account would have grown to approximately $817,000.
How to solve
Assuming you have 28 years until retirement and can consistently save $1,000 per month at a 5% annual rate of return, you would have approximately $817,000 at retirement.
Here's the breakdown of the calculation:
Monthly contribution: $1,000
Annual rate of return: 5%
Time until retirement: 28 years
Using a compound interest calculator, the future value of your retirement account can be calculated as follows:
Enter $1,000 as the initial amount and $1,000 as the monthly contribution.
Enter 5% as the annual interest rate.
Enter 28 years as the time until retirement.
After 28 years of consistent monthly contributions at a 5% annual rate of return, your retirement account would have grown to approximately $817,000.
It's important to note that this calculation assumes a consistent monthly contribution and a constant rate of return
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If marginal cost is above average total cost,
A Average total cost is rising
B Average total cost is falling
C Average total cost is at its minimum
D Average total cost is at its maximum
Answer:
Average total cost is rising
2. Carson Inc.'s manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's returns will have the probability distribution shown below. What's the coefficient variation for this firm’s returns??
Economic
Conditions Prob. Return
Strong 25% 30.0%
Normal 45% 12.0%
Weak 30% -14.0%
The coefficient variation for Carson Inc.'s returns is 4.06.
The coefficient of variation (CV) is a measure of relative dispersion or risk for a set of data. It is calculated as the standard deviation divided by the mean of the data, expressed as a percentage.
First, we need to calculate the expected return for Carson Inc.'s returns:
Expected return = (0.25 x 0.30) + (0.45 x 0.12) + (0.30 x -0.14) = 0.045 or 4.5%
Next, we need to calculate the standard deviation
Standard deviation = √((0.25 x (0.30 - 0.045)²) + (0.45 x (0.12 - 0.045)²) + (0.30 x (-0.14 - 0.045)²)) = 0.1828 or 18.28%
Finally, we can calculate the coefficient of variation
Coefficient of variation = standard deviation / expected return = 0.1828 / 0.045 = 4.06
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I am better at my job than most of the other people who have the same job title agree or disagree
Disagreed. You cannot say that you are better at your job than others who have the same job title.
How to answer questionnaire questions?While providing the answer to a questionnaire, it is very important that a person would try to be as truthful as possible.
The reason they have to be truthful is so that they would be able to give the best answer that would be useful for the research.
In a question like this, I used disagreed because it is not possible that you have met all of the persons that have the same job description as you do.
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Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.
Based on the cost of production by Stam Company, the overhead rate which is applied to the jobs are:
Data and Calculations:
Job 306 Job 307 Job 308
Balances on March 31
Direct materials used (in March) $33,600 $41,900
Direct labor used (in March) $24,600 $20,300
Overhead applied (March) $12,300 $10,150
Costs during April
Direct materials used $139,000 $226,900 $102,000
Direct labor used $94,200 $161,500 $107,300
Overhead applied $55,600 $77,500 $52,500
($94,200 × 50%) ($161,500 × 50%) ($107,300 × 50%)
Job 306 - $47,100
Job 307 - $80,750
Job 308 - $53,650
The overhead rate applied for Job 306 in April is:
= Direct labor cost x 50%
= 94,200 x 50%
= $47,100
The overhead applied for Job 307 in April is:
= 161,500 x 50%
= $80,750
The overhead for Job 308 in April is:
= 107,300 x 50%
= $53,650
Hence, based on the cost of production by Stam Company, the overhead rate applied to the jobs are calculated above.
The given question is incomplete, the complete question is-
Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.
Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal 4. Prepare a schedule of cost of goods manufactured for the month end April 30. Stam Company Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured.
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Your email marketing service shuts you down if your spam reports exceed 3%. You are doing a mailing to 900 people. What is the maximum number of spam reports you can get without being shut down?
Answer:27
Explanation:900 times 3%=27
27 is the maximum number of spam reports you can get without being shut down. Calculation: 900 times 3%=27
What is a spam report?The act of categorizing electronic messages as abusive for reporting to an authority so that they can be handled with is known as spam reporting, which is more appropriately referred to as abuse reporting. Email messages, blog comments, and other types of spam are all examples of reported messages. Users can mark the postings of other users as having abusive material by filing abuse complaints.
Most websites that permit user-generated content either implement a range of user roles that enable users to jointly manage the site's contents or apply some moderation based on abuse complaints, such as concealing or removing the problematic content at a set threshold. By alerting hash-sharing systems to abusive message, the most difficult problems can be resolved.
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If I paid 550 dollars every month how much did i pay in the past 7 years?
Hello!
1 month => 550
1 year = 12months => 550 x 12 =6600
7 year = 6600 x 7 = 46200
The answer is 46200
Scalper buys 10,000 tickets and resell them for $150 each. How much does the scalper earn?
If a scalper buys 10,000 tickets and resells them for $150 each, then, as a total revenue, he would have earned a total amount of $15,000,000.
What is earning?Earnings are defined as the net profits generated by a company's operations. The amount on which corporate tax is due is also referred to as earnings.
Therefore, the total revenue is generated from the given case is:
Revenue = Price * quantity
Revenue = $150 * 10,000
Revenue = $15,00,000
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Campbell Corporation’s balance sheet indicates that the company has $540,000 invested in operating assets. During Year 2, Campbell earned operating income of $58,320 on $1,080,000 of sales.
Required
A. Compute Campbell’s profit margin for Year 2. (round to 1 decimal place)
B. Compute Campbell’s turnover for Year 2.
C. Compute Campbell’s return on investment for Year 2. (round to 1 decimal place)
D. Recompute Campbell’s ROI under each of the following independent assumptions:
(1) Sales increase from $1,080,000 to $1,296,000, thereby resulting in an increase in operating income from $58,320 to $64,800.
(2) Sales remain constant, but Campbell reduces expenses, resulting in an increase in operating income from $58,320 to $60,480.
(3) Campbell is able to reduce its invested capital from $540,000 to $432,000 without affecting operating income.
The Profit margin for year 2 will be 5.4%.
The turnover for year 2 is 2 times.
How to calculate the valuea)Profit marginfor year 2 = (Operating income/Sales*100) = $58320 / 1080000
= 5.4%
b)Turnover for year 2 = Sales / Operating assets = $1080000 / 540000 = 2times
C) ROI f = 5.4%*2 = 10.8%
d.1) ROI = $64800/$540000=12%
d.2) ROI = $60480/$540000=11.2%
d.3) ROI = $58320/$432000=13.5%
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Search to find any summary about the company that mentions funds for starting the business.
Look to see what kinds of products or services will be involved with the business.
Step 2. Search to find any summary about the company that mentions funds for starting the business. Try to find any information containing employee data in this section. Step 3. Find the section where the product or service is detailed. Look to see what kinds of products or services will be involved with the business. Compare this with what other similar business plans are offering.
Record the information you found for steps 2 and 3. Make sure you discuss how the company got money to start the business, employee data, and what products or services the company provides in comparison with what other similar business plans are offering.
After conducting research on the internet, a summary about a company that mentions funds for starting the business, employee data, and products or services that the company provides compared to other similar business plans has been found.
The company’s name is K-12 Business Education Services and they specialize in providing online business courses to K-12 schools. Their courses are designed to help students learn about business principles such as marketing, finance, accounting, and entrepreneurship. The company’s business plan indicates that they have received funding from several sources including angel investors, venture capitalists, and bank loans. They also have a team of experienced employees who have been in the business education industry for many years. According to the company’s website, they offer a wide range of courses that are designed to be engaging and interactive. Students can learn at their own pace and can complete their coursework from anywhere with an internet connection. The courses are also designed to be affordable, which makes them accessible to a wider range of students. In comparison to other similar business plans, K-12 Business Education Services is unique in that they offer a comprehensive range of courses that are designed specifically for K-12 students. Other similar business plans tend to focus on providing courses for adult learners or students who are already enrolled in college. Additionally, K-12 Business Education Services has received funding from several sources, which indicates that they are a promising start-up that has the potential to grow and expand in the future.For such more question on entrepreneurship
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i need help correct answer gets brainlyist
How has the internet affected the tourism industry?
It has increased traveler knowledge and made booking travel easier and more affordable.
It has led to challenges for travelers who book their own travel without knowing local areas.
It has made travel more complicated, requiring more travel agents to support customers.
It has reduced the safety and security of traveler identities, making people afraid to travel.
The effect of the internet on the tourism industry as It has increased traveler knowledge and made booking travel easier and more affordable. Option A
This is further explained below.
What is the tourism industry?Generally, The tourism sector may be defined in its most general sense as the sum of all firms that directly supply products or services to assist business, pleasure, or leisure activities in an environment that is different from that of the typical home.
In conclusion, The impact of the internet on the tourist sector may be summarized as follows: the internet has improved traveler information, simplified the booking process, and lowered prices. Alternative
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AN Razimah has been investing in a Unit Trust for the past 10 years. She is very happy with the performance of the fund manager that enables her to get at least 15 % return annually. Razimah has estimated that she will receive a retum of RM8000 next year, RM9000 in next 2 years, and RM10,000 in the next 3 years. What is the value of these future payments?
Answer: A fund should review its use of derivatives when it updates its registration statement annually - particularly disclosures in its shareholder??
Explanation:
Principles of Investment
Assignment Active
Monetary Policy and Investments
Juan is always researching different investment options.
A few weeks ago he noticed some nice homes for sale in
his neighborhood. The listed prices were below market
value. Today on the news he heard that the Federal
Reserve lowered interest rates for banks and that banks
have lowered interest rates for home mortgages in turn.
As a result, there has been a huge boom in the number of
people purchasing homes.
What is most likely to happen as a result of the
change in interest rates?
O Housing prices will go up and down due to
changing fiscal policy.
O The market will experience more demand and the
price of houses will go up.
O The price of houses will go down in response to the
decreased demand.
O The prices for homes in that area will be stable due
to the new monetary policy.
4
As a result of the decrease in interest rates, Option B. The market will experience more demand, and the price of houses will go up.
The demand for houses will go up and housing prices will increase, causing individuals who were on the fence about buying a house to act swiftly before prices rise too much. As a result, housing sales are expected to surge. Lower interest rates, on the other hand, are often linked to increased borrowing and spending in the economy. Because borrowing money is now less expensive, more people are more willing to do so and the money supply in circulation rises.
The decrease in interest rates could cause more individuals to be more willing to purchase a home due to lower interest rates and more affordable mortgage payments. Lowering interest rates for banks and home mortgages, as well as lowering the cost of borrowing, encourages more people to buy houses, resulting in a greater demand for homes and, in turn, driving up the prices of homes.
As a result, option B is correct: the market will experience more demand, and the price of houses will go up. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
Juan is always researching different investment options. A few weeks ago he noticed some nice homes for sale in his neighborhood. The listed prices were below market value. Today on the news he heard that the Federal Reserve lowered interest rates for banks and that banks have lowered interest rates for home mortgages in turn. As a result, there has been a huge boom in the number of people purchasing homes. What is most likely to happen as a result of the change in interest rates?
A. Housing prices will go up and down due to changing fiscal policy.
B. The market will experience more demand and the price of houses will go up.
C. The price of houses will go down in response to the decreased demand.
D. The prices for homes in that area will be stable due to the new monetary policy.
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Which of the following is an example of a raw goods producer?
OA. A packager of sushi
O B. A comedy club
OC. A lumber company
OD. A grocery store
Answer:
C, a lumber company
Explanation:
The definition of a raw goods producer is a type of producer whose job is to provide raw goods, which are goods in their natural state. A raw goods producer cannot provide services but only basic commodities (actual items).
Raw goods are usually basic goods collected or retrieved from nature (the good is not changed or manipulated) and used in the production of manufactured goods.
Basically, think of raw goods as the ingredients in a cooking recipe. A cook does not make or produce the ingredients, the cook simply collects the ingredients from farm who collects the ingredients from nature (raw goods provider). Manufactured goods are what the cook produces out of the cooking ingredients(raw goods).
Out of all the answer choices, the only company which provides raw goods is a lumber company; they simply collect wood, which can be found naturally (without producing it in a factory / man-made) and sell it to producers.
A is wrong, since people use raw goods when MAKING sushi. Since sushi is being produced, it is a manufactured product.
B is wrong, since a comedy club provides services not the selling of real goods.
D may sound right, however many items in grocery stores are produced by factories. In order to be a raw goods producer, the company must specialize and serve only raw goods. Grocery stores have manufactured goods such as ice cream, shampoo, cereal, etc.
A lumber company is an example of a raw goods producer as it is involved in the extraction and processing of raw materials (logs) into lumber, which is a primary product used in various industries for construction, furniture, and other applications. Therefore, option C is correct.
A lumber company is a business that specializes in the production and supply of lumber, which refers to processed wood that is used for various purposes.
Lumber companies typically engage in activities such as logging, sawmilling, and timber processing to convert raw logs into marketable lumber products.
They play a crucial role in the timber industry by harvesting trees, processing them into usable materials, and supplying them to construction companies, manufacturers, and other customers in need of wood products.
Lumber companies are essential in providing the raw goods necessary for numerous industries and construction projects.
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Discuss the functions of government necessary for a country
The functions of government are crucial for the proper functioning and development of a country. These functions can vary depending on the type of government system in place, but there are several key functions that are commonly considered necessary for a country's stability and progress.
1. Legislation and Governance: One of the primary functions of government is to create and enforce laws that maintain order, protect individual rights, and promote the welfare of the citizens. Governments establish institutions and frameworks for governance, ensuring the rule of law and providing a system of justice.
2. Defense and Security: Governments are responsible for safeguarding the country and its citizens from external threats. This involves maintaining armed forces, intelligence agencies, and diplomatic relations to protect national security interests.
3. Economic Management: Governments play a crucial role in managing and regulating the economy. They establish fiscal and monetary policies, oversee financial institutions, promote trade, and create an environment that supports economic growth and stability. Government intervention is often necessary to address market failures, promote fair competition, and protect consumers.
4. Social Welfare: Governments have a responsibility to ensure the well-being and social welfare of their citizens. This includes providing basic services such as healthcare, education, social security, and infrastructure development. Governments also implement social policies to address poverty, inequality, and promote equal opportunities.
5. Public Services: Governments are responsible for delivering essential public services, such as transportation, utilities, public safety, and environmental protection. These services are necessary for the functioning of society and improving the quality of life for citizens.
6. Diplomacy and International Relations: Governments engage in diplomatic activities and maintain relationships with other nations. They negotiate treaties, participate in international organizations, and represent the country's interests abroad. Governments also address global challenges, such as climate change and human rights, through international cooperation.
7. Public Communication and Information: Governments have a role in providing transparent and accurate information to the public. They engage in public communication, disseminate information, and promote citizen engagement and participation in the decision-making process.
These functions of government are essential for maintaining social order, promoting economic growth, protecting citizens' rights, and ensuring the overall well-being of a country. Effective governance requires a balance between these functions, adaptability to changing circumstances, and responsiveness to the needs and aspirations of the citizens.
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What basic economic question is addressed in the press release?
Answer:
for whom to produce
Explanation:
for whom to produce
can someone please create your own business plan dictionary
Define each term. MAKE SURE that you use the correct business definition. For example, a stake in business means “a financial share in a business or an emotional investment in something” but a stake can also mean a “strong wooden or metal post with a point at one end, driven into the ground to support a tree, form part of a fence, act as a boundary mark, etc.,” or “a metalworker's small anvil, typically with a projection for fitting into a socket on a bench”.
Submit when you finish. DUE DATE: FRIDAY, MARCH 10
1. Break even
2. Business model
3. Customer acquisition costs 4. Distribution
5. Equity
6. Licensing
7. Liquidity
8. Margin
9. Market value
10. Patent
11. Patent pending
12. Proof of concept
13. Proprietary
14. Royalty
15. Stake
16. Sweat equity
17. Valuation
Answer:
1. Break even: The point at which a business's total revenue equals its total expenses, resulting in neither a profit nor a loss.
2. Business model: A plan or framework that outlines how a business will generate revenue and make a profit.
3. Customer acquisition costs: The cost associated with acquiring a new customer, including marketing and advertising expenses.
4. Distribution: The process of getting a product or service from the manufacturer or producer to the end consumer.
5. Equity: A financial share of ownership in a business or property.
6. Licensing: The process of granting permission to use or sell a product, service or intellectual property.
7. Liquidity: The ability of a business or individual to convert assets into cash quickly and easily.
8. Margin: The difference between a product or service's selling price and the cost of producing or providing it.
9. Market value: The price at which a product or service is currently being sold in the market.
10. Patent: A legal document that grants the holder exclusive rights to produce, use, and sell an invention or idea for a certain period of time.
11. Patent pending: The status of an invention or idea that has been submitted for a patent but has not yet been approved.
12. Proof of concept: A demonstration that a product or service is viable and can be successful in the market.
13. Proprietary: A product or service that is owned and controlled by a single company or individual.
14. Royalty: A payment made by one party to another for the use of a product, service or intellectual property.
15. Stake: A financial share in a business or an emotional investment in something.
16. Sweat equity: The value of the time and effort put into a business or project by its owner or founders, often in lieu of financial investment.
17. Valuation: The process of determining the worth of a business or asset, often used in the context of selling or acquiring a business.
In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income $ 52,000 Accounts payable decreased by 18,000 Accounts receivable increased by 25,000 Inventories increased by 5,000 Depreciation expense 30,000 Net cash provided by operating activities was:
Answer:
Cash flows from operating activities:
Net income $52,000
Adjustments to net income:
Depreciation expense $30,000Accounts receivable increased by ($25,000)Inventories increased by ($5,000) Accounts payable decreased by ($18,000) ($18,000)Net cash flow provided by operating activities $34,000
Company Co. has 1,000 employees and it decides to grant each of the employees 200 share
options as part of its new rewards plan. The options are exercisable over 5 years and subject only
to the condition that the company's stock price must be at least 30% higher than its original issue
price. Company Co.'s share-based payments are subject to:
Service and market performance conditions
Service condition
Non-vesting condition
Non-market performance conditions
Company Co's share-based payments are subject to Non-vesting conditions. Hence, Option C is the correct statement.
What are share-based payments?Share-based payment agreements are transactions wherein a third party is entitled to acquire equity instruments of the entity (or any other institution entity) or cash amounts primarily based totally on the cost of such equity instruments in exchange for items or services.
Hence, Company Co's share-based payments are subject to Non-vesting conditions. Option C is the correct statement.
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Waterway Industries provided the following information on selected transactions during 2021: Dividends paid to preferred stockholders $ 510000 Loans made to affiliated corporations 1400000 Proceeds from issuing bonds 1550000 Proceeds from issuing preferred stock 2090000 Proceeds from sale of equipment 795000 Purchases of inventories 2350000 Purchase of land by issuing bonds 590000 Purchases of treasury stock 1180000 The net cash provided (used) by financing activities during 2021 is
Answer:
Net cash provided by financing activities $1,195,000
Explanation:
The computation of the net cash provided by financing activities are as follows:
Cash flows from financing activities
Issue bonds $2,090,000
Issue preferred stock $795,000
Less: Purchase of treasury stock -$1,180,000
Less: Dividend paid to preferred stockholders -$510,000
Net cash provided by financing activities $1,195,000