The fact that Megacorp is incorporated under Delaware law means that legally speaking, in New York, Megacorp is considered a Foreign Corporation.
How do corporations get incorporated in a state?A company is incorporated in a state when it is registered as being from that state. This means that the company would abide by the laws of the state as regards corporate activities. It also means that if the company is to be sued, the laws of the state it is incorporated in, will be considered in the actions taken.
When a company is incorporated in a certain state, then it means that in other states, it takes the status of a foreign corporation because it does not originate from those other states. Megacorp in this instance, is incorporated in Delaware, and is also registered to operate in New York which makes it a foreign corporation in New York.
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Imagine you got into an auto accident which was your fault and you have 15/30/5 insurance. You did $5,000 damage to the other car, and broke a computer in the other car's trunk worth
$2,000.
There were 3 people in the other car and their medical bills were $12,000
each. The father in the other car also was out of work for a month costing the family $6,000.
In total, you are sued for $49,000.
How much money will the insurance company pay toward the amount you were sued for in this accident?
Answer:
The insurance company will pay up to a maximum of $25,000 for this accident. This is determined by the limits of the insurance policy, which is 15/30/5. This means that the insurance company will pay up to $15,000 for bodily injury per person ($15,000 x 3 people = $45,000) and up to $30,000 for bodily injury per accident ($30,000). They will also pay up to $5,000 for property damage ($5,000). Therefore, the total amount the insurance company will pay is $15,000 + $30,000 + $5,000 = $50,000. Since the total amount sued for is $49,000, the insurance company will pay the full amount of $49,000.
Explanation:
The insurance provider will cover this accident for a maximum of $25,000. The insurance policy's 15/30/5 limits serve as the basis for this decision. This indicates that the insurance provider will cover bodily injury claims up to the amount of $15,000 per person
What is the insurance?Insurance is a tool for risk management. You purchase protection against unforeseen financial losses when you purchase insurance. If something unpleasant happens to you, the insurance company pays you or someone else of your choosing. If an accident occurs and you don't have insurance, you can be liable for all associated expenses.
($15,000 x 3 people = $45,000) and $30,000 per accident ($30,000). Additionally, they will cover property damage up to $5,000 ($5,000). As a result, the insurance provider will cover a total of $50,000 ($15,000 + $30,000 + $5,000). The insurance provider will cover the full $49,000 since the total amount claimed in the lawsuit is $49,000.
Therefore, The insurance company will pay up to $25,000 toward this accident's expenses.
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Which careers are apart of the Finance career cluster?
A: Retail Agent, Pet Store Owner, Retail Buyer
B: Lawyer, Paralegal, Judge
C: Architect, General Contractor, Site Foreman
D: Fraud Investigator, Financial Analyst, Treasurer
Answer:
D, most likely
Explanation:
Answer:
Fraud Investigator, Financial Analyst, and Treasurer is the part of finance career.
Explanation:
A person interested in taking up a career in the finance field they are exposed to various options. Persons who have skills in finance can adopt certain careers like- analytics, treasuring or investigation of money. The above stated cluster of career is related to finance.
An investigator who investigates about the swindling of money is the fraud investigator; a financial analyst helps in analyzing the money policies to the clients and their investments and the treasurer handles money payments from customers.
GDP is: A. Dthe total value of all consumer expenditures within a given period B. national income after taxes C.the total value of all final goods and services plus intermediate goods and services produced domestically within a given period. D. the value of all final goods and services produced domestically within a given period.
D
Final goods or services used to compute GDP refer to: the factors of production used to produce output, goods and services purchased by the ultimate users, the sum of all exports plus imports.
goods and services purchased by the ultimate users.
Intermediate products: A. produced domestically are not directly reflected in a nation's GDP B. are imported retail products C. are goods that are purchased by the ultimate user
A. produced domestically are not directly reflected in a nation's GDP.
Net exports are defined as: A. exports plus imports B. exports minus imports. C. imports minus exports.
B
What is the measure of the income received by owners of resources used in making final goods and services? factor payments, product payments, indirect earnings, direct earnings
factor payments The prosperity of a nation today is typically measured by its: A. total output or gross national product B. output per capita C. gold reserves
B
A country will roughly double its GDP in twenty years if its annual growth rate is: 2.5%, 3.5%, 7.5%
3.5%
As more capital per worker is added, a per worker production function generally becomes: A. flatter because capital is subject to diminishing marginal returns B. flatter because labor is subject to diminishing marginal returns. C. flatter because capital is subject to increasing marginal returns.
A
In a fully employed economy, invention and discovery: are automatic, achieved through sacrifices in current consumption, have negative op. cost, all of the above
are achieved through sacrifices in current consumption.
T/F: a piece of glass bought by a consumer to fix a broken window would be counted toward GDP
true
T/F: a sheet of glass purchased by General Motors for the side window of a new car would be counted toward GDP
false; its an intermediate good Which of the following products are not included in current U.S. GDP? A. a Washington apple B. a Ford Mustang produced last year and sold this year C. a physical examination at a California health clinic D. All of the above
B; it was included in last years GDP
GDP does not directly include: A. the value of final goods and services produced, but not sold, during a period B. the value of services rendered during a period C. the value of intermediate goods sold during a period D. any E. either a or c
C
The most volatile GDP category under the expenditure approach is: wages/salaries, investment, consumption, gov purchases, net exports
investment The investment component of GDP includes: A. funds in individual retirement accounts. B. construction of a new steel mill C. the sale of shares of Coca-Cola stock D. the purchase of a refrigerator by a household.
B
If a nation's imports exceed its exports: A. net exports will be positive. B. GDP will be less than the sum of consumption, investment, and government purchases C. GDP will be greater than the sum of consumption, investment, and government purchases. D. none of the above apply.
B -net exports will be negative and GDP will be less than sum of consumption, investment, and gov purchases
The services rendered by a special agent with the Federal Bureau of Investigation is included in which expenditure category of GDP: consumption, investment, government purchases, net exports, none of the above
gov purchases In 2008, U.S. Nominal GDP totaled approximately: $2.1 tril, 2.8, 14.3, 10.1, none $14.3 til
If the price index is now 120, it means: A. prices are 120 percent higher than in the base year. B. prices are 20 percent higher than in the base year. C. prices are 1.2 percent higher than in the base year
D. nominal GDP will be less than real GDP. E. that both b. and d. are true.
B
Which of the following is a problem with using real GDP as a measure of economic well-being? A. does not account for inflation B. does not account for production within the household C. does not account for production by foreign firms producing inside the U.S. D. all of the above
B
Estimates of the size of the underground economy range from: A. 4 to 20 percent. B. 2 to 5 percent. C. 7 to 10 percent. D. 45 to 60 percent.
A
D. all of the above. Gross Domestic Product is the total market value of all final goods and services produced within an economy in a given year.
What is GDP?GDP measures the monetary value of final goods and services—that is, those that are bought by the final user—produced in a country in a given period of time (say a quarter or a year). It counts all of the output generated within the borders of a country.
Payments for transfers are excluded from GDP. GDP is the total dollar worth of all finished products and services produced domestically inside a nation during a specific time period.
Gross domestic product (GDP) measures the market value of all completed goods produced and sold by countries within a specific time period in terms of money. Due to the measurement's complexity and subjectivity, it must be repeatedly adjusted before it can be considered a reliable indicator. While GDP per capita does not account for differences in the cost of living and inflation rates of the various countries, nominal GDP is preferable for comparing national economies on the global market. Therefore, when comparing living standards between nations, employing a base of GDP per capita at purchasing power parity (PPP) may be more useful. It is also possible to quantify the contribution of each industry or sector to the overall GDP.
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What best characterizes the buying habits of the most loyal customers
The buying habits of the most loyal customers are characterized by their consistent and frequent purchases, high levels of engagement with the brand, and a strong emotional attachment to the products or services offered.
The best characterization of the buying habits of the most loyal customers typically includes the following terms: frequency, consistency, brand loyalty, and high lifetime value.
1. Frequency: Loyal customers tend to make purchases more frequently than one-time or occasional customers. They are more likely to return to the same brand or store regularly.
2. Consistency: Loyal customers are consistent in their purchasing patterns, often choosing the same products or services repeatedly over time.
3. Brand loyalty: These customers exhibit strong attachment and commitment to a specific brand or store, preferring it over competitors, even if it may sometimes be more expensive or less convenient.
4. High lifetime value: Loyal customers have a high lifetime value, meaning the total revenue they generate for a business over their entire relationship with that business is typically much higher than that of less loyal customers.
In summary, the buying habits of the most loyal customers are best characterized by their frequency, consistency, brand loyalty, and high lifetime value.
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rights always entail obligations and obligations always entail rights. True/false?
The statement "rights always entail obligations and obligations always entail rights." is false as they can exist independently.
Rights are freedoms or entitlements that belong to a person and can be based on social, moral, or legal principles. They are frequently linked to the capacity to engage in particular behaviors or gain particular advantages.
On the other hand, obligations are the duties or responsibility that people or other entities have to one another or to society. Obligations frequently involve meeting requirements or carrying out specific actions and are typically derived from legal or contractual considerations.
While there may be instances where rights and obligations coincide or overlap, this does not mean that they are always related. For instance, a person's right to freedom of speech may not necessarily impose any obligations on other people.
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Within business, an organization's context sometimes makes it difficult for event the best intentioned person to act ethically, or it can make it difficult for a dishonest person to act unethically. Responsibility for the circumstances that can encourage ethical behavior and discourage unethical behavior falls to the business mana gone and executive team. true or false?
True. Within a business, the responsibility for creating an organizational context that encourages ethical behavior and discourages unethical behavior lies with the business management and executive team.
They play a crucial role in setting the tone at the top and establishing a strong ethical culture within the organization.
By implementing effective policies, codes of conduct, and ethical guidelines, the management team can create an environment that promotes ethical decision-making and behavior. They can provide clear expectations and lead by example, demonstrating their commitment to integrity and ethical practices.
Additionally, the management team has the responsibility to ensure that employees have the necessary resources, training, and support to navigate ethical dilemmas effectively. They can establish mechanisms for reporting unethical behavior, provide channels for open communication, and enforce appropriate consequences for misconduct.
By actively promoting ethical behavior and creating a culture of integrity, the management team can contribute to shaping the organizational context in a way that encourages employees to act ethically and makes it more difficult for dishonest individuals to act unethically. Ultimately, the leadership's commitment to ethics sets the tone for the entire organization and influences employee behavior and decision-making.
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Before heavily soiled condiment pans are washed and sanitized they should be
Answer:
degreased
Explanation:
Degreasing can be defined as the removal of grease stains, etc in cooking utensils from pans to pots, etc. Degreasing is one of the cleaning procedures. its aim is to ensure that sticky or grease stained cooking utensils and equipment in the kitchen are properly removes before washing and sanitizing.
Cheers
Help!! 40pts!!
what role does jung hwa play in her educational institution?
jung hwa is the head of the college of sciences at a well-known university. she is responsible for overseeing the day to day running of the college of sciences. she also manages the running of other student services.
jung hwa is the _____ at her institution.
Jung Hwa, according to this scenario, is the Administrator at her institution.
Who is an administrator?An administrator is one who is responsible for overseeing the daily running of an institution.
It is the role of the administrator to set the overall goals and policies of the institution or company while leaving managers to handle the pragmatic implementation of strategies.
Thus, we can conclude that Jung Hwa, according to this scenario, is the Administrator at her institution.
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what is the simplified term economists use to refer to "factors of production"?
The simplified term economists use to refer to "factors of production" is often called "inputs." Inputs are the various resources or elements utilized in the production process to create goods and services.
The factors of production traditionally include land, labor, capital, and entrepreneurship. Land represents natural resources, labor refers to human effort and skills, capital encompasses physical and financial assets, and entrepreneurship represents the innovative and managerial skills required for organizing and coordinating production. By referring to these components as inputs, economists emphasize their role in the production process and their contribution to the overall output of an economy.
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What do most business people think is the primary purpose of business?
A. To fix the problems of society
B. To invest all profits back into the business
C. To protect private property
D. To generate wealth
The most business people think generating wealth is the primary purpose of business. Therefore, option D is the correct option.
What is business?Businesses are economic activities. The activity of the business is performed by the people either in order to make money or to make simply a living. The activity of the business is performed by manufacturing goods, producing services, buying, and selling.
The major purpose of business is to earn profits. However, some businesses are in social service as well, they produce goods and services for the betterment of the society and the environment. Also, corporate social responsibility, which is paid by the business to the government helps in many ways.
The majority of businesspeople believe that making wealth is the main goal of their industry. As a result, choice D is the best one.
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Which of the following sentences use correct punctuation? Check all that apply. Our corporation is based in Chicago-Illinois According to Smith (2007), "Enlightened stakeholder theory is a most appropriate and ethical management approach" (p. 23). Oliver's team was always open to (new ideas).
Two of the three sentences use correct punctuation among the given options.
The sentences-The first sentence, "Our corporation is based in Chicago-Illinois," is incorrect as it is missing a necessary comma between "Chicago" and "Illinois."
The second sentence, "According to Smith (2007), 'Enlightened stakeholder theory is a most appropriate and ethical management approach' (p. 23)," is correctly punctuated as it includes both quotation marks and parentheses in the appropriate places.
The third sentence, "Oliver's team was always open to (new ideas)," is also correctly punctuated with the use of parentheses around "new ideas."
Proper punctuation is essential to conveying clear and concise written communication.
Hence, the answer is second and third sentence have correct punctuation.
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“The most contrarian thing of all is not to oppose the crowd but to think for yourself.”
What does the quote means?
the quote about contrarian means, when everyone learns the same lessons, applying them to a religiosity perspective, there can be opportunities in the opposite direction. If everyone thinks the same thing, no one really thinks.
What is the contrarian truth?If you can identify an illusory popular belief, you can find what's behind it: Contradictory truths. Conventional beliefs never seem arbitrary and false unless after the fact; each time we collapse, we call the old belief a bubble, but the distortions caused by the bubbles don't go away when they burst.
Who is a contrarian person?A contrarian people is a person with contrary positions or attitudes. specifically: an investor buys a stock when most others are selling and sells when others are buying.
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Using information from knowing why outsourcing is the best, why does it appear that Apple outsources to China?
Apple outsources to China because it offers lower manufacturing costs and access to a large pool of skilled labor. China has a strong manufacturing infrastructure, with many factories and suppliers that can produce high-quality components at a lower cost than in many other countries. Additionally, China has a large and highly skilled workforce, which is capable of producing large volumes of products with high levels of precision and quality. By outsourcing to China, Apple is able to take advantage of these benefits, while also benefiting from the country's strong intellectual property protection laws, which help to safeguard Apple's proprietary technology and designs. Overall, outsourcing to China allows Apple to reduce manufacturing costs, increase production efficiency, and maintain high levels of quality, which can help to improve its competitiveness in the global market.
In your own words, define Personal Finance??
A person who is involved in personal finance engages in the process by which they manage their money and save for the future. They also invest for the future by managing their money. The firm offers a wide range of services related to financial planning, banking, insurance, indemnification, contracts, assets, retirement planning, and monetary and estate planning.
Importance of Personal FinanceIt is important to keep track of your personal finances so that you can manage your day-to-day financial needs, as well as plan for your monetary future as you grow into adulthood. You will be better off if you have a grasp on personal finance, regardless of whether you decide to invest in the future or plan for retirement, the sooner you do so.
Hope this helps :)
the total export was 1 500 000 and the total import was 2 250 000 .. Calculate the balance of trade?
Answer:
-750,000
Explanation:
The export is generally the profit, or the amount gained from selling (either a service or a product). The import is the loss, as you pay for the commodity or service.
In this case:
Total import: 2 250 000
Total export: 1 500 000
2 250 000 - 1 500 000 = 750 000
The balance of trade is: -750,000 (or a loss of 750k).
~
How does the quantity of data breaches attributed to hacking compare to those attributed to other types of incidents?
Answer:
Explanation:
It is much easier. Nowadays Everything is connected to the internet, including databases. This makes it much easier for anyone with the right skill-set to access this data from anywhere in the world, with very little equipment or personnel, which is why data breaches due to hackers is a lot more common than other types of incidents which would require many more resources to access the same data.
TRUE or FALSE
Buying stock in a company would be a good way for me to invest my weekly pay check.
Answer:
TRUE
Explanation:
selecting a set of brands and then considering when and where to buy describes which of the following types of purchase behavior
Answer:
Dissonance-reducing buying behavior
Explanation:
In the Dissonance-reducing buying behavior, the customer is highly involved engaged in the purchasing process. However, the customer has a difficult time differentiating between the available brands. Customers have limited brands to choose from, with minimum differences among the brands.
Due to similarities between brands, and a shortage in variety, the customer does not conduct a lot of research. The customer's decision is based on budget limitation and product availability.
The type of the purchase behavior is Dissonance-reducing buying behavior
The following information should be considered;
In the Dissonance-reducing buying behavior, the customer is highly involved engaged in the purchasing process. However, the customer has a difficult time differentiating between the available brands. Customers have limited brands to choose from, with minimum differences among the brands.Learn more: brainly.com/question/16911495
A 30-year-old was diagnosed with amyotrophic lateral sclerosis (ALS). Which statement by the client would indicate a need for more teaching from the nurse?
A) "I will have progressive muscle weakness."
B) "I will lose strength in my arms."
C) "My children are at greater risk to develop this disease."
D) "I need to remain active for as long as possible."
The statement by the client would indicate a need for more teaching from the nurse is "My children are at greater risk to develop this disease."
This statement indicates that the client may not fully understand the genetic and hereditary aspects of the disease and may need more teaching from the nurse on the causes and risk factors of ALS. It's important for the client to know that ALS is not contagious and that their children are not at greater risk to develop this disease.
A) "I will have progressive muscle weakness."
B) "I will lose strength in my arms."
D) "I need to remain active for as long as possible." These statements indicate that the client has an understanding of the symptoms and progression of the disease and that they are aware of the importance of remaining active as long as possible which is important for their health.
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Peter is planning his finances for the next couple of years. He wants to save money to eventually buy a house because he will be getting married
soon. He has created a savings plan revolving around his necessary expenses, and he has set a target of three years to save up a down payment
for a house. At which phase of the financial life cycle is Peter in?
Peter is in the________
phase of the financial life cycle.
Fill in the blank
Answer:
Beginning is the correct answer Beginning is the correct answer Beginning is the correct answer
Explanation:
Beginning is the correct answer Beginning is the correct answer Beginning is the correct answer Beginning is the correct answer Beginning is the correct answer
A company is required to have material data safety sheets for what types of materials? read more >>.
Any product that is thought to be a harmful chemical must have a safety data sheet. The Hazard Communication Standard (HCS) defines a hazardous chemical as any material that puts human health or safety at risk.
What kinds of materials need material data safety sheets in a business?The creation or acquisition of an MSDS is needed for each hazardous chemical produced or imported by manufacturers and importers. With the initial shipment of the chemical, as well as after an MSDS is updated, all distributors and employers must be provided with the pertinent MSDS.
What do safety data sheets serve as a means of?A safety data sheet (SDS, also known as a material safety data sheet) is an essential tool for understanding the risks associated with the use, handling, and storage of dangerous goods and/or hazardous substances in the workplace and can help reduce or eliminate those risks.
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Answer:
In the United States, OSHA requires employers to make material safety data sheets available to employees for any harmful substance that is handled in their workplace.
Explanation:
Intro to Business and Technology Course
Five business ideas that interest me are starting a pet sitting service, opening a place that help disabled pets, opening up a place that can provide care for the mentally challlenged, starting a daycare service, and starting a service that helps parents with mentally challenging children. I think the best opportunity for me is to start a pet sitting service since it has a low startup cost, I can coose when I work and how many animals I have at a time. I can also work a job while doing this on the side, or until this grows enough to support me.
Explanation:
This can be an interesting idea to start entrepreneurship, since starting a pet sitter service just requires liking animals and publicizing the service, which can be done for free through social media. I believe this is a good opportunity to learn more about managing your own business, meeting a new network of people and understanding the service market, as well as being a source of extra income.
Entrepreneurship is all about identifying people's needs and turning them into products and services that can be profitable, in addition to being a great tool to assist in the development of individual skills, market knowledge, innovation capacity, etc.
in institutional management , the function of budgeting is
In institutional management, the function of budgeting is to estimate the financial consequences of the plan on business and control spending.
What is Budget?A budget refers to making financial planning for the expenses that are going to occur and controlling the spending of an individual. The budget gives an estimate of the expenses.
The planning process has a few drawbacks: it seems expensive, which affects the organization's budget; it also seems resistant to change, which is very difficult. The budget is useful for keeping an eye on the basics and common expenses.
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downsizing is an aspect most closely associated with the management function of:
Downsizing is most closely associated with the management function of "organizing," as it involves restructuring and reorganizing the resources and workforce within an organization to align with its goals and objectives.
The management function of organizing involves designing the organizational structure, allocating resources, and determining the division of labor. Downsizing is a strategic decision made by management to reduce the size of the workforce or streamline operations to improve efficiency, reduce costs, or adapt to changing market conditions.
During downsizing, management evaluates the organization's current structure, identifies areas of redundancy or inefficiency, and makes decisions regarding the elimination of positions or restructuring of departments. This process requires careful planning, communication, and consideration of legal and ethical implications.
Managers must assess the impact of downsizing on employees, ensure a fair and transparent process, and provide support to affected individuals. They also need to reallocate resources and redefine roles to maintain productivity and minimize disruptions during the transition. Overall, downsizing is a critical aspect of the organizing function as it involves restructuring the organization to optimize resources and achieve strategic objectives.
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why are medical related professions and human resources important?
Answer:
because sometimes they help us to get some medicine which can be used to cure a particular disease
Newtown Propane currently has $645,000 in total assets and sales of $1,720,000. Half of Newtown's total assets come from net fixed assets, and the rest are current assets. The firm expects sales to grow by 18% in the next year. According to the AFN equation, the amount of additional assets required to support this level of sales is $ Newtown was using its fixed assets at only 92% of capacity last year. How much sales could the firm have supported last year with its current level of fixed assets? $1,963,043
$2,150,000
$1,869,565
$2,243,478
When you consider that Newtown's fixed assets were being underused, its target fixed assets to sales ratio should be When you consider that Newtown's fixed assets were being underused, how much fixed assets must Newtown raise to support its expected sales for next year? $31,747 $27,606
$28,986
$33,127
The amount of additional assets required to support the expected sales growth is $28,986. The sales that the firm could have supported last year with its current level of fixed assets is $2,150,000. To support its expected sales for next year, Newtown must raise fixed assets by $33,127.
To determine the additional assets required to support the expected sales growth, we can use the AFN (Additional Funds Needed) equation. The equation is:
AFN = (A*/S0) * ΔS - (L*/S0) * ΔS - PM * S1
Where:
A* = Target total assets ratio
S0 = Current sales
ΔS = Change in sales
L* = Target liabilities ratio
PM = Profit margin
S1 = Expected sales
Given that half of Newtown's total assets come from net fixed assets and the rest are current assets, we can calculate A* as 0.5. We also know that S0 is $1,720,000, ΔS is 18% of S0, and L* is not provided, so we assume it remains constant.
Using the given profit margin is not possible, as it is not provided in the information. Therefore, we can't calculate the exact AFN.
Regarding the sales that the firm could have supported last year with its current level of fixed assets, we need to consider the underutilization of fixed assets. Since the fixed assets were being used at only 92% of capacity, we can calculate the maximum sales as follows:
Maximum Sales = S0 / Utilization Ratio = $1,720,000 / 0.92 = $1,869,565
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You work for the Parks Department. Read this policy document you received during your new-employee orientation. As used in the document, what is meant by "natural and cultural resources" and what type of context clue helps determine the meaning?
Answer:
Natural Resources refers to the resources which comes from the nature, as for example, plants, trees, ponds, waterfalls, land area, etc:
Cultural Resources refers to the architecture that comes from history and has to be preserved as part of history.
The policy document received by the new employee would clearly state the importance of preserving the nature and cultural resources in order to attract the people to visit parks and maintain the history at the same time.
The context as provided that one works for the "Park Department" makes it clear that the above definition and meaning of "natural and cultural resources" is correct. As the park department considers the importance of nature along with historic monuments.
Answer:
objects or places of historical significance; example clue
Explanation:
just did the test
Write a claim that responds to the question: Why can transferring energy into or out of a substance change molecules' freedom of movement? Be sure to include the words kinetic energy, temperature, and speed in your response.
Answer:
hope this help u
Explanation:
Transferring energy into or out of a substance changes its temperature, which changes the molecules' freedom of movement. Claim 2: Transferring energy into or out of a substance changes the molecules' kinetic energy, which changes their freedom of movement.
The most important thing about the transferring of energy can be found in the substances and the objects of concern. The energy of a substance comes to the fore because the main reason is transferring energy from the stagnant to a moving object is known as the transfer of the items and can be done by changing the substance as well as the movement of the energy.
What is a transfer of Energy?
Transfer of energy takes place when suppose an object is being forced to do anything. Supposedly if the object was in a space of stagnation then it can very well or divergently be known as the main thing.
The transfer of energy leads to the change in temperature of one thing to the other which leads to the change or the shift in the motion of certain beings. This is known as Kinetic Energy. When the molecules are readily in motion, during the process of the transfer of energy then it is called Kinetic Energy.
It is the Kinetic Energy of a substance that leads to the change in the temperature of a moving object and the transfer of power is the main reason behind it.
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Which of the following is not a purpose of credit counseling?
O A. To provide borrowers with short-term loans
O B. To help a borrower avoid bankruptcy
O C. To help a borrower develop a debt management plan
O D. To teach good borrowing habits
the
All the above are the purposes of credit counselling except A. To provide borrowers with short-term loans
Credit counselling refers to advice given to borrowers to:
Help them avoid bankruptcy Help them develop a debt management plan Teach them habits that will ensure they don't borrow in a dangerous wayDebt counselling is meant to help borrowers avoid the adverse effects of borrowing and is not meant to provide borrowers with even more avenues for borrowing.
In conclusion, credit counselling is not meant to provide borrowers with more loans.
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Ayayai Mining Company purchased land on February 1, 2020, at a cost of $1,038,200. It estimated that a total of 57,900 tons of mineral was available for mining. After it has removed all the natural resources, the company will be required to restore the property to its previous state because of strict environmental protection laws. It estimates the fair value of this restoration obligation at $111,600. It believes it will be able to sell the property afterwards for $124,000. It incurred developmental costs of $248,000 before it was able to do any mining. In 2020, resources removed totaled 28,950 tons. The company sold 21,230 tons.
Compute the following information for 2020.
(a) Per unit mineral cost $
(b) Total material cost of December 31, 2020, inventory $
(c) Total material cost in cost of goods sold at December 31, 2020 $
Answer:per unit mineral cost = $ 22 per ton
Total material cost of December 31, 2020, inventory= $ 169,840
Total material cost in cost of goods sold at Dec 31,2020= $ 467,060
Explanation:
Details on the property Amount
Add:
Purchase cost $ 1,038,200
Restoration cost $ 111,600
Development cost $ 248,000
Deduct:
Sales value on the property $124,000
Total material cost $1,273,800
Given that 57,900 tons are mined
a)
Per unit mineral cost = 1,273,800/57,900 = $ 22 per ton
b) Total material cost of December 31, 2020, inventory
Ending Minerals in inventory at Dec 31st 2020 = Tonnes mined – tonnes sold = 28,950-21,230 = 7, 720
therefore, total material cost of inventory = 7,720 x 22 = $ 169,840
Total material cost in cost of goods sold at Dec 31,2020
cost per ton = $22
goods sold = 21,230
therefore total material cost of goods sold = $22 x 21,230 = $ 467,060