Jim's use of money as a medium of exchange and a form of payment through a check demonstrates the fundamental role of money in facilitating economic transactions.
By writing a check on a Freehold Bank to purchase a new car, Jim is utilizing money as a medium of exchange. Money serves as a widely accepted instrument that facilitates transactions, enabling Jim to transfer the value of the car to the seller in exchange for ownership.The check serves as a form of payment, allowing Jim to authorize the transfer of funds from his bank account to the seller's account. When the seller deposits the check into their bank, the funds are transferred electronically, ensuring a secure and efficient transaction.In this case, money acts as a medium of exchange by representing the value of the car, and the check serves as a payment instrument, enabling the transfer of that value.
Jim's use of money as a medium of exchange and a form of payment through a check demonstrates the fundamental role of money in facilitating economic transactions. Money provides a convenient and universally accepted means of transferring value, enabling individuals to exchange goods and services efficiently.
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Think of a product that you would use for innovation and enterprise.
Describing how the product will innovate within 5 years.
Answer:
it's 10/100
Explanation:
cause 5plus one more year will be ten but 5 more years is 100
Which of the following is an example of fraud?
A. Joe's Appliances advertises a microwave oven at half off its original price.
B. Joe's Appliances advertises a built-in microwave oven at a price that doesn't include
an installation fee.
C. Joe's Appliances advertises a microwave oven at a low price that it never had in stock.
D. Joe's Appliances advertises a microwave oven for less than it pays to buy it,
Answer:
c
Explanation:
if it was never in stock its misleading and a fraud
Keiynan wants to start a restaurant that is environmentally friendly. It is important to him to use locally grown food to keep the impact on the environment low. How should he set up his business based on his goals?
Answer:
He should begin growing a garden of fresh fruit and vegetables to utilize for his cooking. He could also use sustainable utensils and tools.
Correction in the comments- I assume its the last one.
Keiynan should set his business goals by focusing on the good environmental practices, such as using sustainable utensils and tools and growing a garden of fresh fruit and vegetables.
What is Environment?Environment refers to the surrounding in which we live. It is very important part of the human life to keep the surrounding clean as it may impact the life of everyone, even the animals. It includes all type of living sand nonliving elements.
According to the above scenario, Keiynan open the restaurant while keeping in the mind the measures to be undertaken in order to protect the environment. The practices that he can incorporate are developing his own garden and growing the chemical and pesticides.
Therefore, it can be concluded that Keiynan should focus on excellent environmental practices while setting his company goals, such as employing sustainable utensils and tools and establishing a garden of fresh fruits and vegetables.
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shares of stock previously sold by the corporation that are repurchased are called
Answer:treasury stock
Explanation:
Shares of stock previously sold by the corporation that are repurchased are called Treasury stock.
What is stock?A stock is a colloquial phrase for any product - market papers. , a share alludes to a certain stock's certificates. The holder becomes an investor if you possess shares of a specific corporation.
A stock that used to be in circulation but has since been bought back and is now owned by the corporation that issued it is referred to as equity security. Treasury stock is a counter-accounting concept since it lowers the overall investors' ownership on a financial sheet.
The federal stock decommissioned shares can indeed be reproduced; only stocks that are held in the capital can. Shares that are retired lower the group's overall number of authorized shares.
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Lawnscape a new landscaping company, uses the same logo and shade of green in all forms of communication including its online ads, truck signage, Web site, and business cards. Which technique is being used by Lawnscape to promote its business?
Lawnscape's internet advertisements, truck signage, website, and business cards all utilize the same logo and shade of green. Integrated marketing communication is the strategy being employed by Lawnscape to market its enterprise.
What is an integrated marketing communication?Integrated marketing communication, as a concept, was introduced in the 1980s by Schultz and has since changed the way communicators and marketers interact and conduct business.
The IM communication is defined as planning process designed to assure that all brand contacts received by a customer or prospect for a product, service or organization are relevant to that person and consistent over time.
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b) Northern University Bangladesh is one of the best private universities in Bangladesh. This university has a lot of visions and missions. The vision of NUB tags as 'Knowledge for Innovation and Chan
Northern University Bangladesh is a private university that aims to provide a world-class education to its students. Its vision is "Knowledge for Innovation and Change."
The university aims to empower its students with knowledge and skills to prepare them for the changing demands of the modern world. They focus on innovation and research to provide practical solutions to real-world problems.
The mission of NUB is to produce graduates who are critical thinkers, problem solvers, and leaders. The university provides a student-centered learning environment with dedicated faculty members who are experts in their respective fields.
They offer a wide range of undergraduate and graduate programs in various disciplines such as business, engineering, law, arts, and sciences.
The university also provides opportunities for students to engage in extracurricular activities such as sports, cultural events, and community service to help them develop leadership skills.
Overall, Northern University Bangladesh is one of the best private universities in Bangladesh that provides a high-quality education to its students with a focus on innovation and change.
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Black, Brown, and White were partners and carried on
a small business manufacturing precast-concrete
products, cinder blocks, and such. Black, without the
knowledge of her partners, agreed to sell the business
to Gray. Can Brown and White block the sale, and why?
If Black's deal were to sell Gray $10,000 worth of
blocks for $8,000, what could Brown and White do
about the matter?
Yes, Brown and White can block the sale because Black, as a partner, cannot sell the business without the knowledge and consent of the other partners.
In a partnership, all partners have equal rights and responsibilities. They share the decision-making authority and are expected to act in the best interest of the business and each other. In this case, Black's decision to sell the business to Gray without informing Brown and White goes against the principles of a partnership.
Partnerships are typically governed by a partnership agreement that outlines the rights and obligations of each partner. If there is no partnership agreement in place, the partnership would be subject to the default rules of the jurisdiction in which it operates. However, regardless of the specific legal framework, it is generally understood that major decisions, such as selling the business, require the unanimous consent or majority agreement of all partners.
Since Black agreed to sell the business without the knowledge or consent of Brown and White, the sale would be considered invalid. Brown and White have the right to block the sale and take appropriate legal action to protect their interests. They can challenge the sale in court and seek remedies such as an injunction to prevent the transfer of the business to Gray.
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The table gives descriptions of various action points in the contingency-planning process. Indicate which action point is being described.
Description
Action Point 1
Action Point 2
Action Point 3
Action Point 4
Identify a contingency event that would be highly disruptive Consider whether a natural disaster could disrupt operations. Develop contingency plans for possible events
The given description corresponds to Action Point 1, which is to identify a contingency event that would be highly disruptive.
The description suggests that the contingency planner is considering the possibility of a natural disaster that could disrupt operations. This step involves identifying potential risks and threats that could impact the organization and cause significant disruptions.
Action Point 2 is to consider the likelihood and impact of the identified contingency events. This involves assessing the probability of each event occurring and the potential consequences it could have on the organization.
Action Point 3 is to develop contingency plans for the identified events. This step involves creating strategies and procedures to minimize the impact of the contingency events and ensure business continuity.
Action Point 4 is to test and update the contingency plans regularly. This step involves testing the effectiveness of the contingency plans through simulations and drills and making necessary updates to improve the plans.
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.Others at work see me as assertive. need answers for application
Answer:
yes
Explanation:
It is an ability to defend your rights without hurting those of others. An assertive person, therefore, is the one who can express his emotions, needs, and opinions to others without being forceful in any way
for the purpose of hiding data, which attribute should you use for the property of a class?
The attribute that should be used for the purpose of hiding data in a class is "private".
In object-oriented programming, encapsulation is a key principle that promotes the hiding of implementation details from the outside world. This is achieved by defining access levels for the attributes of a class. The three access levels are public, private, and protected.
When an attribute is defined as "private", it means that it can only be accessed within the same class. This helps to prevent unauthorized modification of the data and maintains the integrity of the object.
Therefore, to hide data in a class, the "private" access level should be used for the relevant attributes. It is important to note that even if an attribute is private, it can still be accessed through public methods that are defined within the same class. This allows for controlled access to the data and ensures that it is not compromised.
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What type of business makes physical goods that customers can see or touch?
Internet service provider
banking industry
manufacturing industry
commodities industry
Manufacturing industry, type of business makes physical goods that customers can see or touch. Thus, option (c) is correct.
The term business refers to the earning the profit. The business is the taking the risk and the earning the profit. The business are the mainly focuses to the activity of the creating, distribution and selling concept based.
Manufacturing industry is a type of business that can produced the goods (product) are tangible form. Manufacturing industry produced two types of goods such as consumer goods and industrial goods. Customer can easily touch and feel the product.
As a result, the significance of the type of business makes physical goods that customers can see or touch are the aforementioned. Therefore, option (c) is correct.
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P14-19 Calculating Flotation Costs [L04]
Cully Company needs to raise $21 million to start a new project and will raise the money by selling new bonds. The company will generate no internal equity for the foreseeable future. The company has a target capital structure of 60 percent common stock, 10 percent preferred stock, and 30 percent debt. Flotation costs for issuing new common stock are 12 percent, for new preferred stock, 6 percent, and for new debt, 4 percent. What is the true initial cost figure Southern should use when evaluating its project?
Multiple Choice
a.$23,076,923
b.$24,000,000
c.$22,153,846
d.$22,890,000
e.$19,460,000
The true initial cost figure that Cully Company should use when evaluating its project is $22,890,000, option d
To calculate the true initial cost figure, we need to consider the flotation costs associated with each component of the capital structure.
The amount needed to be raised is $21 million.
Common stock:
Flotation cost = 12% of the amount raised
Flotation cost for common stock = 0.12 * 0.60 * $21 million
Preferred stock:
Flotation cost = 6% of the amount raised
Flotation cost for preferred stock = 0.06 * 0.10 * $21 million
Debt:
Flotation cost = 4% of the amount raised
Flotation cost for debt = 0.04 * 0.30 * $21 million
Total flotation costs = Flotation cost for common stock + Flotation cost for preferred stock + Flotation cost for debt
True initial cost figure = Amount needed to be raised + Total flotation costs
Let's calculate the true initial cost figure:
Flotation cost for common stock = 0.12 * 0.60 * $21 million = $1,512,000
Flotation cost for preferred stock = 0.06 * 0.10 * $21 million = $126,000
Flotation cost for debt = 0.04 * 0.30 * $21 million = $252,000
Total flotation costs = $1,512,000 + $126,000 + $252,000 = $1,890,000
True initial cost figure = $21 million + $1,890,000 = $22,890,000
Therefore, the true initial cost figure that Cully Company should use when evaluating its project is $22,890,000, option d.
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Question 58 Business Processes are typically implemented (automated) via Information Systems. True False
Question 59 Grocery stores typically utilize the Quoting Process to engage customers. True False Question 60 Business process models are useful for understanding the tasks and decisions that are made in. process, but not the role that performs the tasks and decisions. True False
Question 61 Which of the following are examples of End-to-End processes we discussed in class. Quote to Cash Procure to Pay Make to Stock Make to Order Record to Report Question 62 A company's internal business process models are useful for the following: (Select all that apply) Developing information systems because they depict how the process that is being automated/enabled should be performed. Including with customer invoices for auditing purposes Improving business processes Training new employees
Answer:
Question 58: True
Question 59: False
Question 60: False
Question 61: Quote to cash, procure to pay, make to stock, make to order, record to report
Question 62: Developing information systems because they depict how the process that is being automated/enabled should be performed; improving business processes; training new employees.
Explanation:
One consequence for defaulting on a loan is having your transcript withheld. How could this affect you as you graduate?.
Negative items like collection accounts, defaults, and late payments can remain on your credit reports for up to seven to ten years.
What are the consequence for defaulting on a loan?Your credit rating is harmed, and you may be unable to purchase a car, house, or obtain a credit card as a result of the default being reported to national consumer reporting agencies.
Your tax refunds and federal benefit payments can be withheld and used to pay back a loan that you have stopped making payments on.
Therefore, Your credit scores can be negatively impacted by even one recorded late payment, and the damage can get worse if you keep missing payments.
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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
A nursery has $50,000 of inventory in dogwood trees and red maple trees. the profit on a dogwood tree is 28% and the profit on a red maple tree is 18%. the profit for the entire stock is 20%. how much was invested in each type of tree?
Answer and Explanation:
Let us assume the following things
x = dogwood inventory percentage
and, (50,000 - x) = red maple tree inventory percentage
And, the amount of profit is
= $50,000 × 0.20
= $10,000
Now the equation would be
0.28x + 0.18 × ($50,000 - x) = $10,000
0.28x + $9,000 - 0.18x = $10,000
0.10x = 1,000
x = 10,000 = dogwood
So, the red maple would be
= 50,000 - 10,000
= 40,000
Internal information provides an understanding of factors outside of the organization
True False
Answer:
false
Explanation:
Internal information is the information developed from activities that occur within the organization.
Definition
You have become a trusted resource for your organization, and they have asked for your advice on gaining a competitive advantage in the field. More specifically, they would like your analysis and recommendations on ways to bring their company culture, demographics, and technologies up to current industry practices and beyond. Review the demographic and technological information about your company. If the information is not public, base your decisions on a similar company and research. This information will assist you as you complete your Organizational Presentation in Step 2 of this assessment.
Improving company culture, demographics, and technologies can contribute to gaining a competitive advantage.
To enhance company culture, it is essential to foster an environment that values employee engagement, collaboration, and innovation.
This can be achieved through initiatives such as promoting open communication channels, encouraging continuous learning and professional development, recognizing and rewarding employee achievements, and creating a diverse and inclusive workplace culture.
In terms of demographics, it is important to have a workforce that reflects the diversity of the customer base and target market. This can be achieved through targeted recruitment and hiring practices, implementing diversity and inclusion programs, and providing equal opportunities for career growth and advancement.
Regarding technology, staying up to date with current industry practices and adopting cutting-edge technologies can give your organization a competitive edge. This may include investing in cloud computing, data analytics, artificial intelligence, automation, and digital transformation initiatives.
It is crucial to regularly assess technological needs, conduct market research, and invest in training and development to ensure employees have the necessary skills to leverage these technologies effectively.
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explain the reason why socio economic issues pose challenge to business
Answer: Gambling iis an issue here are some reasons why
Explanation:
Gambling means to bet on something of which the outcome is not sure.
It can take on form of playing games in the hope that some money could be won.
Although gambling is legal, it gives false hope.
Brenda and Louise are twin sisters who each married 20 years ago. Brenda and her husband run a small piano tuning business. They have had a small, loyal customer base, and their modest but adequate income has not changed over time. Louise and her husband each work for a corporation, and their incomes have steadily increased over the last 20 years allowing them to increase their standard of living. Assuming that Brenda and Louise began their married lives equally happy, and based on their income histories alone, what would you predict about the subjective well-being of Brenda and Louise today
Answer: Probably, still happy
Explanation:
People measure success differently, and what makes an individual happy may not be applicable to another, some person's gain satisfaction in doing their own business, while some prefer working for other people. This is why there isn't any specific measure for people's success. Concerning Brenda and Louise, there is a great possibility that they are happy in their various endeavors, having chosen a particular career part and stuck to it for years. This doesn't mean they won't have challenges but means they are happy where they are.
what is nursing ?why is it needed?
Answer: What type of nursing?
How do you define marketing? what are the four basic ideas that combine to represent marketing and how do they fit into your definition? based on your definition of marketing, what role does marketing play in the free enterprise system? explain.
Answer:
The awnser in my eyes are for client purposes for Cliental, Social media, Etc.
Explanation:
create a SWOT/SWOC analysis of one of the following companies.
ALDI
LIDL
Penneys/Primark
Coca Cola
Audi
Tesco
Dunnes Stores
IKEA
Topshop
JD Sports
Answer:
coca cola
Explanation:
s- coca cola is enjoyed all over the world therefore it will always make money
w- coca cola is a sugary drink which some people won't enjoy
o- coca cola can expand and make it more accessible to people local shops
t-coca cola is in competition with many other soda brands
why do business need funding
Which of the following items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants: weigh all sides of decisions.
a. weigh all sides of decisions.
b. attending annual meetings.
c. generate innovative approaches to accounting.
d. integrity and objectivity.
Integrity and objectivity are the items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants.
What is meant by professional code of ethics?This is the term that is used to refer to the code that is used to apply to all of the people that would work in a particular organization that are meant to guide the behavior of the people in the organization and also check the ways that people would act.
Hence we can say that Integrity and objectivity are the items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants..
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PLEASE DOUBLE CHECK. I AM POSTING THIS AGAIN. PLEASE MAKE SURE
YOU HAVE THE RIGHT ANSWER. DO NOT COPY PASTE OLD ANSWERS THEY ARE
WRONG
Steve Reese is a well-known interior designer in Fort Worth, Texas. He wants to start his own business and convinces Rob O'Donnell, a local merchant, to contribute the capital to form a partnership. O
Yes, Steve Reese can form a partnership with Rob O'Donnell to start his own interior design business in Fort Worth, Texas.
Forming a partnership with Rob O'Donnell provides Steve Reese with the opportunity to secure the necessary capital for starting his own interior design business in Fort Worth, Texas. A partnership is a legal structure in which two or more individuals agree to contribute their resources, skills, and expertise to operate a business together.
By partnering with Rob O'Donnell, Steve can benefit from the financial investment and potentially tap into Rob's experience and network as a local merchant.
Partnerships offer several advantages for entrepreneurs. Firstly, they allow the pooling of resources, which can help cover the initial startup costs such as office space, equipment, and marketing expenses. With Rob's capital contribution, Steve can have the financial means to kickstart his business operations effectively.
Moreover, a partnership can bring complementary skills and expertise to the table. Steve, as an interior designer, can focus on the creative aspects, while Rob, as a local merchant, may have insights into the market, customer preferences, and business operations.
In addition, partnerships can help distribute the workload and responsibilities, reducing the burden on a single individual. Steve and Rob can divide tasks based on their strengths and expertise, allowing for a more efficient and balanced operation.
Furthermore, partnerships often provide a broader network of contacts and potential clients. Rob's existing connections as a local merchant can help generate leads and create business opportunities for their new venture.
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What is the first step in the federal budget process?
a. Congress debates and compromises on a budget
b. Federal agencies propose spending
c. Executive branch creates a budget
d. President signs or vetoes budget
Answer:
executive branch create a budget
Explanation:
i think in every budget process the first step is to plan or create a budget
The Executive branch creates a budget, which is the Frist step in the federal budget process. Therefore option C is correct.
What is Budget?
A spending plan based on income and costs is called a budget. In other words, it's a projection of your income and expenses for a specific time frame, like a month or a year.
You can always have enough money for the things you need and the things that are crucial to you because budgeting helps you to make a spending plan for your money. Maintaining a budget or spending plan will also assist you in remaining out of debt or, if you are already in debt, in overwhelming it.
Depending on the specific area of the business that has to be prioritized, different budgets can be prepared. Below are three examples of common budgeting plans.
Forecast Budget
Performance Budget
Cash Budget
Hence, firstly executive branch creates a budget.
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how and when does a contractor performing work associated with a 203(k) loan receive funds from the lender?
The borrower's lender uses escrowed funds to pay the contractors in a series of draws. The lender deposits the money for repairs and improvements into such an escrow account at closing.
What is a brief definition of funds?
A fund is a collection of funds set aside for a certain objective. A fund can be created for a variety of objectives, such as the construction of a new civic center by the municipal government, the awarding of scholarships at a college, or the payment of customer claims by an insurance company.
What do funds in finance mean?
Funds are collective investments that help you diversify your total risk by pooling your money and the money of other investors and investing it in a variety of underlying investments.
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lilguy inc has manufacturing variable cost of $9.00 per unit, fixed costs of $24,000 and anticipated sales of 12,000 units. what is the desired selling price for an roi of 15% on an investment of $160,000
The desired selling price for an ROI of 15% on an investment of $160,000 is $13.
Profit = ROI × Investment
= 15% × $160,000
= $24000
Now,
Profit = No of units × selling price per unit - No of units × variable cost - Fixed cost
Or,
Selling price per unit = ( Profit + Fixed cost + No of units × variable cost ) / No of units
= (24000 + $24,000 + 12,000×9) / 12000
= $13
Business investment is spending by private businesses and nonprofits on physical capital—long-lasting assets used to supply items and offerings. making investment money for your enterprise allows you to develop it well.
As noted earlier, some of this funding comes through retained income or new investments into your commercial enterprise. which means accurately handling your investments to attain the very best go back so you have the cash necessary. The funding procedure outlines the stairs in developing a portfolio and emphasizes the series of actions concerned from information to the investor. s chance preferences to asset allocation and choice to overall performance evaluation.
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preston toy co. has warrants outstanding that allow the holder to purchase a share of stock for $20 (exercise price). the common stock is currently selling for $26, while the warrant is selling for $9.45 per share. a. what is the intrinsic (minimum) value of this warrant?
The intrinsic (minimum) value of this warrant is $6 per share.
What is the intrinsic (minimum) value?The intrinsic value of a warrant refers to the difference between the exercise price and the current stock price.
Given that:
The exercise price is $20
The stock price is $26.
So, the intrinsic value of the warrant will be:
= Exercise price - Current stock price
= $26 - $20
= $6 per share
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