Jake wants to purchase a new computer and go to the Caribbean for spring break. The computer is priced at $1,299, and the vacation is priced at $800. He has only $1,574 in his checking account, so he cannot afford to purchase both. After much thought, Jake buys the computer and writes a check for $1,299.
Identify what role money plays in each of the following parts of the story.
Hint: Select each role only once.
Role of Money
Medium of Exchange
Unit of Account
Store of Value
Jake can easily determine that the price of the computer is more than the price of the vacation.
Jake has $1,574 in his checking account.
Jake writes a check for $1,299.

The combines strategic planning, performance measurement, effective communication, and continuous improvement to support Joseph and Nicholas in their planning and controlling functions. It ensures a well-defined direction, data-driven decision-making, collaboration, and a focus on growth and adaptability.

In order to aid in the planning and controlling functions, the following approach can be recommended to Joseph and Nicholas:

1. Establish Clear Objectives and Goals: The first step in planning is to establish clear objectives and goals for the team. It is important to have a clear understanding of what needs to be accomplished and what the team's priorities are.

2. Assign Responsibilities: Assigning specific responsibilities to team members helps to ensure that everyone is working towards a common goal. Joseph and Nicholas should each be assigned to cover one area that is necessary for planning and controlling functions. This will help to ensure that all aspects of the project are covered and that there is no overlap or duplication of efforts.

3. Develop a Schedule: Developing a schedule that outlines the key milestones and deadlines for the project is essential to effective planning and control. This will help to ensure that the project stays on track and that deadlines are met.

4. Monitor Progress: Regularly monitoring progress against the schedule and objectives is necessary to ensure that the project is progressing as planned. This will help to identify any issues or problems that arise and allow for corrective action to be taken.

5. Communicate: Effective communication is critical to the success of any project. Joseph and Nicholas should establish a regular communication schedule to ensure that everyone is up-to-date on the project's progress, any issues or problems that arise, and any changes to the schedule or objectives.

6. Make Adjustments: Finally, it is important to be flexible and make adjustments as needed. If the project is not progressing as planned, adjustments may be necessary to the schedule or objectives to ensure that the project stays on track and that goals are met.

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Answer:

BRANCHES OF ECONOMICS

Economics is a broad subject concerned with the optimal distribution of resources in society. Within the subject, there are several different branches which focus on different aspects. Also, there are different schools of thought which generally have different views on aspects of economics.

The first way to split economics is microeconomics and macroeconomics.

MICROECONOMICS – concerned with individual markets and small aspects of the economy.

MACROECONOMICS – concerned with the whole aggregate economy. Issues such as inflation, economic growth and trade.

To some extent, the split is artificial. Aspects of microeconomics filter into macro-economics. For example, if you take the study of developing economies, this involves both looking at micro-aspects of development (agricultural markets) and macro-aspects like growth. See the difference between macro and microeconomics.

Explanation:

HOPE IT HELPS

i) The expected number of customers who will make a purchase in the current month is 4.

ii) The standard deviation for the number of customers making a purchase in the current month is approximately 1.55.

To find the expected number of customers making a purchase, we can multiply the total number of customers entering the store by the probability of making a purchase.

(i) For the current month:

Number of people entering the store = 10

Probability of making a purchase = 40% = 0.4

Expected number of customers making a purchase = Number of people entering the store * Probability of making a purchase

Expected number of customers making a purchase = 10 * 0.4

Expected number of customers making a purchase = 4

Therefore, the expected number of customers who will make a purchase in the current month is 4.

(ii) To find the standard deviation, we need to consider the binomial distribution since the number of customers making a purchase follows a binomial distribution with parameters n (number of trials) and p (probability of success).

For the current month:

n = Number of people entering the store = 10

p = Probability of making a purchase = 0.4

q = Probability of not making a purchase = 1 - p = 1 - 0.4 = 0.6

Standard deviation (σ) of a binomial distribution is given by the formula:

σ = √(n * p * q)

Substituting the values:

σ = √(10 * 0.4 * 0.6)

σ = √(2.4)

σ ≈ 1.55

Therefore, the standard deviation for the number of customers making a purchase in the current month is approximately 1.55.

For the next month, if the store forecasts 1000 customers to enter the store, we can use the same calculations with updated values of n and p to find the expected number of customers making a purchase and the standard deviation.

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Answer:

the 1st one

Explanation:

physical evidence process

The marginal product of each worker for Magnificent Blooms is as follows: Worker 0: N/A: Worker 1: 5: Worker 2: 4: Worker 3: 3: Worker 4: 2: Worker 5: 1

To calculate the marginal product of each worker for Magnificent Blooms, we need to determine the change in the quantity of floral arrangements resulting from each additional worker.

Here's how to calculate the marginal product for each worker:

Worker 0: Since there are no workers (0 workers), the quantity of floral arrangements is 0. Therefore, the marginal product for worker 0 cannot be calculated.

Worker 1: The quantity of floral arrangements with 1 worker is 5. To calculate the marginal product for worker 1, we subtract the quantity of floral arrangements with 0 workers from the quantity with 1 worker: 5 - 0 = 5.

Worker 2: The quantity of floral arrangements with 2 workers is 9. To calculate the marginal product for worker 2, we subtract the quantity of floral arrangements with 1 worker from the quantity with 2 workers: 9 - 5 = 4.

Worker 3: The quantity of floral arrangements with 3 workers is 12. To calculate the marginal product for worker 3, we subtract the quantity of floral arrangements with 2 workers from the quantity with 3 workers: 12 - 9 = 3.

Worker 4: The quantity of floral arrangements with 4 workers is 14. To calculate the marginal product for worker 4, we subtract the quantity of floral arrangements with 3 workers from the quantity with 4 workers: 14 - 12 = 2.

Worker 5: The quantity of floral arrangements with 5 workers is 15. To calculate the marginal product for worker 5, we subtract the quantity of floral arrangements with 4 workers from the quantity with 5 workers: 15 - 14 = 1.

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Answer:

Expenses = Understated by $3,150

Assets = Overstated by $3,150

Explanation:

When Murphy Company paid for advertising in advance on June 1, the entries will be :

Prepaid Advertising $5,400 (debit)

Cash $5,400 (credit)

By the year end, December 31, 7 months advertising expense would have been expired the entries must be :

Advertising Expense $3,150 (debit)

Prepaid Advertising  $3,150 (credit)

Advertising Expense Calculation = $5,400 × 7/12 = $3,150

Thus, if not adjusted the following are the effects :

Expenses = Understated

Assets = Overstated

Answer:

C. $0

Explanation:

Using a credit card does not have to be expensive to cost a customer. Paying  the full statement balance before the due date helps a credit card user avoid expensive interests and fees.  A credit card attracts interest only when outstanding balances.

Should a customer clear the statement balance before the credit company generates a statement, their balance will be $0 when the statement is generated. Paying all balances early does not save on interests but improves on credit score.

By selecting a social cause that aligns with their values and corporate goals, companies can create a CSR campaign that resonates with stakeholders and helps to build a positive reputation for their brand.

There are various social causes that companies may choose to support, depending on their corporate social responsibility goals. Here are the top three social causes that I would recommend for an organization, along with reasons why they are good matches for creating a CSR campaign:1. Environmental conservation: Protecting the environment and promoting sustainable practices is a social cause that has gained widespread attention in recent years.

As climate change continues to be a pressing issue, businesses that take a proactive approach to reducing their carbon footprint can establish themselves as responsible and sustainable entities. This is a good match for companies that have a large environmental impact, such as those in the manufacturing or transportation sectors. A CSR campaign focused on environmental conservation can include initiatives such as reducing waste, using renewable energy sources, and promoting eco-friendly practices among employees and customers.

2. Education: Investing in education is one of the most effective ways to support social development and empower individuals and communities. For companies that want to create a CSR campaign that has a tangible impact on people's lives, education is a great choice. This is especially relevant for companies that have a strong local presence and want to support the communities in which they operate. A CSR campaign focused on education can include initiatives such as donating educational resources to schools, providing scholarships to students, or organizing workshops and training programs for employees and community members.

3. Health and wellness: Promoting health and wellness is a social cause that has become increasingly relevant in light of the COVID-19 pandemic. Companies that prioritize the well-being of their employees and customers can create a positive image for themselves and build strong relationships with stakeholders. This is a good match for companies in the healthcare or hospitality sectors, as well as those that offer wellness-related products or services.

A CSR campaign focused on health and wellness can include initiatives such as promoting healthy lifestyles, providing access to healthcare services, or supporting mental health awareness and treatment programs.Overall, each of these social causes has the potential to create a meaningful and lasting impact, both for the company and the communities it serves.

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Answer: C. April 15, 2020.

Explanation:

If Karen hopes to receive a refund on the amended 2016 return then she should file it within 3 years of the day she filed her 2016 return.

She filed her 2016 return on April 15, 2017 so three years from then would be:

= 2017 + 3

= 2020

April 15, 2020

Answer: is C on UNIT 5 EXAM

An advertisement in which a celebrity endorses a product would be using Testimonials. Thus, the third option is correct.

Advertisement is defined as a kind of communication in which a product, brand, or service is advertised to a target audience in order to generate interest, engagement, and sales. Advertisements (also known as ads or adverts) appear in a variety of formats, ranging from text to interactive video, and have evolved to become an important element of the app marketplace.

A testimonial is a statement made by a consumer regarding how a product or service has helped them, and it frequently involves the customer praising it. Testimonial advertising incorporates genuine customer feedback into ad language and creative to instill trust in potential customers, making it one of the most effective ways to sell your brand.

Therefore, testimonials should be used in a advertisement where a  celebrity endorses a product.

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When maturity of the bond is in 5 years, then at different required rate of returns, the value of the bond will be,

The rate of interest, which is expected to be earned by an individual upon engaging or investing the given amount of money during a particular financial period, is known as a required rate of return.

Hence, the different values of bond at given required rates of return are aforementioned.

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Answer:

B, false

Explanation:

Answer: The government can use income tax to drive their policies by (1) encouraging behaviors, (2) discouraging behaviors, and (3) distributing money and wealth.

Explanation: The government can use income tax to drive their policies in numerous ways, the most outstanding being:

The government can drive their policies by using tax deductions as an incentive for those who comply with organized policies. An example of incentivizing tax deductions would be the offering of tax breaks to people who use electric-powered vehicles as opposed to gasoline-powered vehicles, which promotes the use of a less polluting form of energy.

The government also can drive their policies by imposing tax penalties on those who engage in activities against what the policy goals strive for. An example of this would be the imposition of tax penalties on people who vandalize or sell drugs because enforcing these penalties dissuades one from doing what they should not; it also promotes social health in the sense that people will have less of a malicious intent with their actions.

The government can drive their policies using income tax through the idea of imposing higher tax rates on higher earners because this allows the government to put more money into social programs that benefit people who make less money.

The government can drive their policies by using income tax in numerous ways. It always is important to ensure that these policies are effective and do not affect one more than the other. Impulsive decisions with income tax can emerge conflict and conspiracies, so it is significant that equitability is present.

The government uses income tax to influence economic activity and drive its policies. This is achieved by adjusting tax rates and using tax incentives or disincentives to promote or deter specific activities.

The government uses income tax as a tool to influence economic activity and drive policy objectives. For instance, the government can change the tax rates or the way tax is calculated to promote certain activities or deter others. Lowering income tax rates can stimulate economic growth by placing more disposable income in the hands of consumers, resulting in increased spending and investment. In contrast, if the government needs to curb consumption, it can raise tax rates, reducing disposable income levels. Examples of policy maneuvers involving tax include providing tax relief or incentives for industries or activities the government wishes to promote, such as renewable energy.

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According to marketing managers, the following is best defined based on their Point of view (POV):

A marketing manager is in charge of the promotion and positioning of a brand or the products and services sold by a company.

Marketing managers are typically hired to attract more customers to purchase from the company and to raise brand awareness through the development of marketing campaigns. Marketing managers oversee the promotion of businesses and products.

Answered question "marketing managers point of view 1. Production definition, 2 brand analysis, 3 product value and 4 solution"

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Answer:

most grow by expanding their present operations. some introduce and sell new but related products. others expand the sale of present precepts to new geographic markets or to new groups of consumers in geographic markets already served.

Explanation:

The ‘greener’ product is an example of Unilever’s corporate-level strategy for innovative growth. Thus, option D is correct.

Unilever has launched its "sustainable Living Brands" of "greener" products, in part in response to concerns voiced by environmentally aware consumers.

Prospects for innovation have arisen for Unilever through product creation, sustainable sourcing, and production efficiency. The 'greener' product is an illustration of Unilever's corporate-level approach to creative expansion. Therefore, it can be concluded that option D is correct.

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Answer:

90

Explanation:

In 5 shelves put 6 in each. In 4 shelves put 15 in each. Add both numbers and get your answer

Omar's adjusted gross income if he didn't receive any salary is $395,000.

Gross income is the total amount of money earned by an individual, company, or organization before any deductions or taxes are taken out. It is calculated by adding up all sources of income, including wages, salaries, tips, bonuses, commissions, rental income, and investment income. Gross income is often used to determine an individual's or organization's eligibility for certain programs, such as loan or credit applications, government benefits, or tax deductions. However, it is important to note that gross income is not the same as net income, which is the amount of money left over after deducting expenses and taxes. Understanding gross income is crucial in managing personal finances and making informed financial decisions.

Omar's business income allocation from Cougar LLC = $450,000 x 50% = $225,000

Total income for the year= $160,000 (salary) + $50,000 (guaranteed payment) + $225,000 (business income allocation) = $435,000

Omar's adjusted gross income= $435,000 - $40,000 = $395,000

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At =.01, we do not have enough data to conclusively demonstrate that the target of responding to fire calls in 3 minutes or less, on average, is not being reached.

TSA official R. Carter Langston stated that "AIT is a gadget used by body scanners for full-body scans at airport checkpoints. It is a millimetre wave scanner that can quickly identify a variety of metallic and nonmetallic dangers.

Given that the population standard deviation is unknown and that our sample size is 18, we will perform a one-sample t-test (which is greater than 30, allowing us to assume normality).

We then determine the test statistic:

t = [(3.27 - 3) / (1.1 / √18)]

t = 2.17

The critical value for a t-table with 17 degrees of freedom (n-1) at =.01 (one-tailed test) is 2.898. We are unable to reject the null hypothesis because our calculated t-value of 2.17 is below the threshold of 2.898.

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The percentage of assets that were provided by investors, creditors, and earnings is $84,800.

An investor is any individual or other entity such as a business or mutual fund who invests money with the hope of making a profit.

A technique for company improvement called the Investors in People Standard aims to boost an organization's performance through its workforce. The management and growth of an organization's workforce aids in performance improvement and the achievement of goals.

Calculation-

Balance sheet

assets = liability + stockholder's earning,

Cash+land = notable payable+common stock+retained earning

$29800+$55000=$28000+$54000+$2800.

$84800=$84800

Income statement

Revenue-expenses =net income

$50000-$46000=$4000

Thus, it is $84,800.

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The working note and solution is attached-

Budgeting for capital expenditures, capital structure, and net working capital are the groupings that correctly identify these three categories.

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Explanation:

Communication. One of the most important interpersonal skills in any job is communication. Whether you work in IT, customer service, construction, or any other industry, you will need to be able to communicate clearly and effectively with others through both oral and written communications.

Communication is the most important interpersonal skill.

The actions and strategies a man does to communicate with one another successfully are known as interpersonal skills. People constantly contact others when doing so, whether that is at jobs, in social environments, or even within their families.

Communication is one of the most important interpersonal skills that a person can have. As it helps in telling what the person is wanted to tell. It also helps in understanding. It develops empathy as well as emotional intelligence.

As communication is good it would help to convey the message that you want to portray to another being. It helps in developing the personality and to most of the people nowadays used. Communication comes under the category of interpersonal skills.

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A)To record the merchandise returns: Sales Returns and Allowances $613,000 Accounts Receivable $613,000 To record the year-end adjusting entry for estimated returns:

Estimated Sales Returns and Allowances $625,000Allowance for Sales Returns and Allowances $625,000 The estimated sales returns and allowances of $625,000 is calculated as follows: Sales = $12,500,000 Estimated returns (5% of sales) = $625,000 Since $338,000 of the returns were for merchandise sold prior to 2021, we need to subtract this amount from the total returns to determine the amount of returns for merchandise sold during 2021: Returns for merchandise sold during 2021 = $613,000 - $338,000 = $275,000 The net amount of the estimated returns is calculated as follows: Estimated returns = $625,000 Less: Returns for merchandise sold prior to 2021 = $338,000 Net estimated returns for merchandise sold during 2021 = $287,000 The adjusting entry is recorded for the net estimated returns of $287,000. B) The year-end allowance for sales returns after the adjusting entry is recorded is calculated as follows: Refund liability at the beginning of the year = $400,000 Add: Returns for merchandise sold during 2021 = $275,000 Subtract: Net estimated returns for merchandise sold during 2021 = $287,000 Year-end allowance for sales returns = $388,000 Therefore, the year-end allowance for sales returns after the adjusting entry is recorded is $388,000.

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Answer:

14

Explanation:

Answer:

pie times 1 billion of pie= 9869604.40109

Explanation:

For labour supply to increase by 2%, tax rates have to be reduced by 9.52.

The tax elasticity of labor supply measures the sensitivity of labor supply to tax rates. If the tax elasticity of labor supply is less than one, it indicates that the supply in inelastic.

The tax elasticity of labor supply = percentage change in labor supply / percentage change in taxes

0.21 = 2% / percentage change in taxes

Percentage change in taxes  = 2% / 0.21 = 9.52

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Answer:

9.52

Explanation: