on-a-roll, inc. amortizes its copyright of $20,000 over 20 years. miss hap, the bookkeeper, forgot to record the amortization in the current year. the effect of this mistake causes . (check all that apply.) multiple select question. retained earnings to be understated assets to be overstated liabilities to be understated cash to be overstated net income to be overstated
Answers
Amortization is an accounting method for spreading out the expenses for the use of a long-term asset over the anticipated length the long-term asset will furnish value. Amortization prices account for the value of long-term belongings (like computer systems and vehicles) over the lifetime of their use.
Is patent amortization an asset?Intangible assets, such as patents and trademarks, are amortized into an cost account known as amortization. Tangible assets are rather written off through depreciation. The amortization method for corporate accounting functions can also fluctuate from the amount of amortization used for tax purposes.
To calculate your patent's amortization, divide the really worth of the preliminary fee of the patent with the aid of the patent's expected useful life. The end result is the amortization of the patent.
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ROK Corporation has provided you with the following information for 2010: (hint - set up T accounts for all accounts and post the transactions to the T accounts) A. Total Raw Materials Purchased and Used: $10,000 ($8,000 direct and $2,000 indirect) B. Factory Labor Incurred $8,000 ($6,000 direct and $2,000 indirect) C. Manufacturing overhead costs incurred exclusive of indirect materials and indirect labor costs: $1,000 D. Manufacturing Overhead is applied to the product based on 90% of direct labor dollars. E. $15,000 of product was completed during the period. Answer the following questions: 1. How much factory overhead was applied to the product
Answers
The factory overhead applied to the product is $5,400
Let understand that Factory Overhead means the total cost that is used in operating all the production segment (i.e depreciation of equipment, salary, wages, electricity) of a manufacturing company and its does not include the costs of direct labor & materials.
It is given that:- Factory Labor Incurred equals $8,000 (including $6,000 direct and $2,000 indirect
- Manufacturing Overhead is applied to the product based on 90% of direct labor dollars
Therefore, the Factory overhead applied will equals Direct factory labor incurred * 90% Overhead applied
Factory overhead applied = $6,000 * 90%
Factory overhead applied = $5,400
In conclusion, the factory overhead applied to the product is $5,400
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Often a company may start small with one product, and then add variations to that
product, creating a product line. From there, they may add other product lines to
their product mix. This is also sometimes referred to as ....
expanding
branching out
increasing stock
none of the above.
Answers
A company's product mix refers to all of the many product lines and unique products or services that it provides. Product portfolio or product assortment are other names for the same thing. Different firms have different product combinations.
A product line is what?A product line is a collection of connected goods sold by the same business and marketed under a single brand name. Businesses market many product lines under their various brand names in an effort to set them apart from one another for easier customer use.
What does a product line serve as?Product lines are used by businesses to broaden their audience and draw in additional customers. To entice current consumers to make more purchases, they broaden their product offerings. The usage of product lines by marketers
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Patricia made her career planning timeline in the year 2007. In what year
should Patricia's timeline start?
A. 2007
B. 2010
C. 2008
D. 2009
Answers
Answer:
A. 2007Explanation:
Hope this is helpful
Answer: 2007
Explanation:
4.4.1 Explain FIVE factors that Sam should consider when preparing a presentation. (5)
Answers
While preparing a presentation Sam should consider he aim of the presentation, the subject matter, the audience, the venue or place, the time of day, and the length of the talk.
You should always begin by asking what the presentation's aim is whenever you are requested to give a presentation or address a group of people. The purpose serves as the foundation for your presentation or speech's topic. Although they are connected, they aren't always the same thing. Secondly it is wise to take your potential audience into account before writing content for a presentation.
It is crucial to learn as much as you can in advance about the setting where you will talk and always ask how long you have to speak and confirm whether or not this includes time for questions.
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Assume the appropriate discount rate for the following cash flows is 4.78 percent per
year.
s
Year
1
2
3
4
Cash Flow
$1,400
1,900
3,400
4,300
Book
Print
erences
What is the present value of the cash flows? (Do not round intermediate calculations
and round your answer to 2 decimal places, e.g., 32.16.)
Present value
Answers
Answer:
$9,589.75
Explanation:
The computation of the present value of the cash flows should be shown in the excel spreadsheet. Kindly find the two attachment out of which one attachment contains the final values, the other attachment contains the formula sheet
After applying the formulas,
The present value of the cash flows is $9,589.75
Hence, the same is to be considered
The question is in the picture attached
Answers
Answer & Explanation:
The cash budget summary for Modern Elite Manufacturing Co shows negative cash balances in Quarters 1, 3 and 4, which indicates that the company may have cash flow problems. The negative cash balances are a result of the company's high disbursements, which outweigh their receipts. Rapidly growing companies with significant inventory requirements will encounter tight cash flow situations when they are expanding operations. Because Modern Elite is expanding its operations, it is undergoing such a scenario.
To address the cash flow problems, there are several actions that the company can take. Firstly, the company could consider delaying payments of accounts payable, negotiating a longer delay with a creditor or various creditors. Additionally, the manufacturing team could optimize its production and inventory systems to reduce cost through standardization of materials, enhanced inventory turns in the manufacturing process, streamlined production, and better sales forecasting. The company could also implement effective cost cutting measures to curb expenses, such as limiting overtime pay, downsizing the workforce if possible, and reducing other operating expenses.
To demonstrate the effects of these actions, we can prepare a new set of cash budget, income statement, and balance sheet that would show the optimism of improvements in cash flows. The new cash budget after cost-cutting measures, production and inventory optimization and supplier negotiations may be:
Modern Elite Manufacturing Co for Budget Year 2024: Cash Budget
Quarter 1 2 3 4
Cash Balance Beginning 32,500 -38,000 32,000 -18,000 ADD: Receipts 450,000 500,000 500,000 500,000 Total Cash Available 482,500 462,000 532,000 482,000 LESS: Disbursements 440,500 390,000 460,000 390,000 Excess (Deficits
in the short run, which of the following firms should attempt to produce where average costs are at a minimum in order to maximize profits or minimize losses?
a. perfectly competitive firm
b. a monopolistically competitive firm
c. an oligopoly
d. a monopoly
e. none of the above
Answers
Answer: A perfectly competitive firm
Explanation:
What is the difference between final goods and intermediate goods?
Answers
A) Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use.
B) Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods.
Final goods and intermediate goods are terms used in economics to distinguish between different types of goods in the production process. Here's a breakdown of the difference between the two:
1. Final Goods:
Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use. These goods are ready for consumption and do not undergo further processing or transformation before reaching the final consumer. Examples of final goods include food products, clothing, electronics, furniture, and vehicles. Final goods are the end result of the production process and are intended for final consumption or use.
2. Intermediate Goods:
Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods. They are not intended for final consumption but are instead used as raw materials, components, or capital goods in the production process. Intermediate goods undergo further processing or transformation before being included in the final goods. Examples of intermediate goods include raw materials like steel or wood, components like circuit boards or engines, and machinery or equipment used in production.
The key distinction between final goods and intermediate goods lies in their purpose and stage in the production process. Final goods are produced for the ultimate satisfaction of consumers' needs and are ready for consumption, while intermediate goods are used in the production of other goods and undergo further processing.
It's important to note that when calculating a country's Gross Domestic Product (GDP), only the value of final goods is considered. Intermediate goods are excluded to avoid double-counting, as their value is already included in the final goods they contribute to. By focusing on final goods, GDP provides a measure of the value of goods and services produced for final consumption in an economy.
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How might international cooperative space efforts and outsourcing certain tasks to private
contractors affect the decision making done at NASA?
Answers
On the plus side, international collaboration may pool the resources and knowledge of several nations, promoting increased productivity, lower prices, and improved innovation. Access to cutting-edge scientific research, a pooling of resources, and financial support from several nations can all be advantageous for NASA.
NASA science is concentrated on better understanding Earth through the Earth Observing System,[8] advancing heliophysics through the Science Mission Directorate's Heliophysics Research Program,
exploring bodies throughout the Solar System with knowledge cutting-edge robotic spacecraft like New Horizons and planetary rovers like Perseverance,
and researching astrophysics topics, such as the Big Bang, through the James Webb Space Telescope and the Great Observatories.
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Do you think GDP is the best indicator to measure the living standard of a country? Justify your answer (4 marks)
Answers
Explanation:
GDP is an indicator of a society's standard of living, but it is only a rough indicator because it does not directly account for leisure, environmental quality, levels of health and education, activities conducted outside the market, changes in inequality of income, increases in variety, increases in technology,
GDP is an accurate indicator of the size of an economy and the GDP growth rate is probably the single best indicator of economic growth, while GDP per capita has a close correlation with the trend in living standards over time.
Consider an assembly line with 20 stations. Each station has a 0.5% probability of making a defect. At the end of the line, an inspection step singles out the defective units. The inspection step catches 80% of all defects. From inspection, units that are deemed to be non-defective
are moved to the shipping department.
If a defect is found at inspection, it is sent to the rework department.
Rework fixes about 95% of the defective units. Units are directly shipped from the rework department with no further inspection taking place.
1- What is the probability that a unit ends up in rework (in decimal form)?
2- What is the probability that a defective unit is shipped (in decimal form)?
Answers
Answer:
Assembly Line1. Probability that a unit ends up in rework = Probability of defect in 20 stations multiplied by the probability of catching defects = 0.8%(1% x 80%) = 0.008
2. Probability that a defective unit is shipped = Probability of defective units during inspection plus Probability of defective units during rework = 25% (20% + (100-95%)) = 0.25
Explanation:
a) Probability of defect in 20 stations = 0.5% x 20 = 1%. Each station has a 0.05%
b) Probability of defective units during inspection = 20% (100% - 80)
c) Probability of defective units during rework = 5% (100% -95)
c) Probability is the likelihood or chance of an event occurring. Divide the number of events by the number of possible outcomes. This will give us the probability of a single event occurring.
A homeowner bought a homeowner's insurance policy The homeowner pays an annual 5650 premium for property coverage with a deductible is $1,175 for each claim A windstorm causes $42.500 in damages. If a claim for the full amount
of damages is approved, how much will the homeowner's insurance company pay for the damages?
O $42,500
O$41.325
O$41,975
$40.825
Answers
The homeowner's insurance company will pay for the damages an amount of $41,325.
What is an insurance?Insurance is financial product that provides protection against the potential financial losses. It works on the principle of risk-sharing, where a large number of individuals or organizations pool their money together to create a fund that can be used to compensate for losses that might occur to any member of the group. In exchange for a premium, an insurance company promises to pay out a certain amount of money in case of a covered event such as illness, accidents, or property damage. The purpose of insurance is to provide a sense of security and financial stability to individuals and organizations, enabling them to manage risks and protect themselves against unforeseen events.
Insurance company will pay= $42,500 - $1,175 = $41,325
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True or False. You should use your net income, or income after taxes have been taken out, to create a more accurate budget.
Answers
Answer:
The answer is true Goodluck
Yoplait, a manufacturer of dairy and plant-based products, sells coffee creamer, milk, and yogurts. It markets a number of yogurts, including Yoplait fat free, Yoplait low sugar, and Yoplait Light. The large variety of yogurts sold by the Yoplait brand is collectively an example of a _______.
Answers
Answer:
product line
Explanation:
The variety of yougurts is an example of product line as yogurts are one of the products sold by the firm along with milk and coffee.
Adams Furniture receives a special order for 10 sofas for a special price of $6,400. The direct materials and direct labor for each sofa are $160. In addition, supervision and other fixed overhead costs average $180 per sofa.
Required:
a1. What is the impact on operating income from accepting the special order?
a2. Based solely on a short-term financial analysis, should Adams accept the special order?
b1. If Adams is currently operating at full capacity, what would be the opportunity cost per unit for lost sales to regular customers if the special sales order is accepted and the selling price per unit on regular sales equals $750?
b2. Based solely on a short-term financial analysis, should Adams accept the special order if it is currently operating at full capacity?
Answers
The operating income from special order is $1400 and the opportunity cost per unit for lost sales to regular customers is $430.
What is the impact of the special order on the operating income?a1. To determine the impact on operating income from accepting the special order, we need to calculate the total cost per sofa and compare it to the special price of $6,400 for 10 sofas.
Total cost per sofa = Direct materials + Direct labor + Fixed overhead
Total cost per sofa = $160 + $160 + $180
Total cost per sofa = $500
Revenue from special order = $6,400
Operating income from special order = Revenue - Total cost
Operating income from special order = $6,400 - ($500 x 10)
Operating income from special order = $1,400
Therefore, the impact on operating income from accepting the special order is an increase of $1,400.
a2. Based solely on a short-term financial analysis, Adams should accept the special order since it will result in an increase in operating income.
b1. If Adams is currently operating at full capacity, accepting the special order will require the company to forgo regular sales to its customers. The opportunity cost per unit for lost sales to regular customers can be calculated as follows:
Opportunity cost per unit = Selling price per unit - Total variable cost per unit
Opportunity cost per unit = $750 - $320
Opportunity cost per unit = $430
Therefore, the opportunity cost per unit for lost sales to regular customers is $430.
b2. Based solely on a short-term financial analysis, whether Adams should accept the special order if it is currently operating at full capacity depends on whether the contribution margin from the special order is greater than the opportunity cost per unit for lost sales to regular customers.
Contribution margin per unit = Selling price per unit - Total variable cost per unit
Contribution margin per unit = $6,400 / 10 - $320
Contribution margin per unit = $640 - $320
Contribution margin per unit = $320
Since the contribution margin per unit of $320 is greater than the opportunity cost per unit for lost sales to regular customers of $430, Adams should accept the special order. However, it's worth noting that accepting the special order could have long-term consequences on the company's relationships with its regular customers.
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The market for new homes is in equilibrium. New homes are a normal good for consumers. If a recession reduces consumers' incomes at the same time that the price of lumber (an input in making new homes) increases, we can say with certainty that:_________
a. the equilibrium price of new homes will decrease
b. the equilibrium price of new homes will increase
c. the equilibrium quantity of new homes will increase
d. the equilibrium quantity of new homes will decrease
Answers
If a recession reduces consumers' incomes at the same time that the price of lumber (an input in making new homes) increases, we can say with certainty that the equilibrium quantity of new homes will decrease. The correct option is d.
Consumers' lower incomes during a recession cause a decline in demand for new homes, a typical good.
The cost of manufacturing for homebuilders also goes up as a result of an increase in the price of timber, a crucial component in building homes.
Reduced demand and higher costs have a double effect on the market as a result of this predicament. The equilibrium number of new dwellings is therefore anticipated to decline.
The relative magnitudes of these influences will determine whether the equilibrium price rises or falls, but the decrease in the equilibrium quantity is guaranteed.
Thus, the correct option is D.
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The market for new homes is in equilibrium. New homes are a normal good for consumers. If a recession reduces consumers' incomes at the same time that the price of lumber (an input in making new homes) increases, we can say with certainty that: the equilibrium quantity of new homes will decrease. Therefore, the correct option is D.
Demand for new homes will probably decline if consumer earnings fall as a result of a recession and the cost of an input like lumber (used to build new homes) rises.
This is due to consumers' diminished purchasing power and potential inability or unwillingness to purchase new homes at the former equilibrium price. Reduced demand and supply (because to higher input costs) can both contribute to a fall in the equilibrium amount of new dwellings.
Thus, the ideal selection is option D.
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Assume 8% interest rate
You need to pay $12000 tuition fee at the end of each year in the next
6 years. What is the amount that you need to prepare today to pay all
the tuition fees in the next 6 years?
Assume that you have 60476 USD right now. After paying the tuition
fees in the next 6 years, what is the remaining amount at the end of
year 6.
Answers
Thus, the tuition fee for 6 years would be $72,000, and after paying the tuition fees in the next 6 years, the remaining amount would be $35,491.81.
Given that you need to pay $ 12000 tuition fee at the end of each year in the next 6 years, to determine what is the amount that you need to prepare today to pay all the tuition fees in the next 6 years, assuming that you have 60476 USD right now and will be invested at 8% per year, and determine, after paying the tuition fees in the next 6 years, what is the remaining amount at the end of year 6, the following calculations must be made:
12000 x 6 = 72000 X = 60476 x (1 + 0.08 / 1) ^ 6x1 X = 60476 x 1.08 ^ 6 X = 60476 x 1.5868 X = 95967.81 95967.81 - 60476 = 35.491.81
Thus, the tuition fee for 6 years would be $ 72,000, and after paying the tuition fees in the next 6 years, the remaining amount would be $ 35,491.81.
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evaluate the effects of many sources of power in the economy
Answers
The four production factors—natural resources, labor, capital equipment, and entrepreneurship—are what largely determine a country's economic power if GDP per capita growth is the primary metric.
A variety of electricity sources can have distinct consequences on an economy. These power sources can include, among others, the government, businesses, labor unions, financial institutions, and consumer advocacy organizations.
Governments have the authority to influence economic policy through laws, regulations, and fiscal and monetary policies. Taxation, government spending, interest rates, and other elements that affect the broader economy can be impacted by these policies.
Investing in infrastructure, generating jobs, and promoting economic growth are all things that entrepreneurship can do. On the national economy and local communities, their decisions about employment, pay, investment, and production may have a big impact.
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(2 points) of the most important pillar
given the current socio‐economic conditions in South Africa as well as the broader contexts of mismanagement, tender irregularities, and fraud in South African Government institutions.
Answers
The pillars of accountability, transparency, good governance, and anti-corruption measures are crucial for addressing issues organization in South African government institutions.
One of the main points of support for tending to the current financial circumstances and the more extensive settings of fumble, delicate abnormalities, and misrepresentation in South African government organizations is responsibility.
This support point incorporates both individual and institutional responsibility, and it is fundamental for guaranteeing that those answerable for debasement and botch are viewed to be responsible.
Individual responsibility includes considering people liable for their activities, incorporating arraigning those associated with defilement and maladministration.
Institutional responsibility includes guaranteeing that administration foundations are straightforward, viable, and effective in their activities. This can incorporate measures like customary reviews, public detailing, and autonomous oversight.
Notwithstanding responsibility, different points of support that are fundamental for resolving these issues incorporate straightforwardness, great administration, and compelling enemy of defilement measures.
These points of support require a guarantee to transparency, decency, and uprightness from government authorities, as well as a readiness to resolve foundational issues and execute changes to reinforce administration and responsibility.
By and large, the mainstays of responsibility, straightforwardness, great administration, and hostile to defilement measures are critical for tending to the current financial circumstances and the more extensive settings of bungle, delicate anomalies, and extortion in South African government organizations.
Without these points of support set up, it will be challenging to reestablish public confidence in government and to advance feasible financial turn of events.
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How would an economy with low unemployment be affected by an increase in individual households incomes?
Answers
Answer:
Because not many members of a household may bring in enough money to sustain them all.
Explanation:
to help employees accept new technologies like an information system, a manager will do all of the following except:
Answers
To help employees accept new technologies like an information system, a manager will do all of the following except Provide minimal rationale for the new system.
Option E is correct.
How does new technology affect employees?Organizations have been able to rapidly increase their productivity and efficiency thanks to the use of technology in the workplace. With digital tools, applications, and systems, processes that were once manual and time-consuming can now be completed quickly and effectively.
How do workers utilize technology?Utilizing technology aids in the resolution of issues that frequently hinder employee productivity, such as file management, report generation, and growth tracking. For efficiency, modern workplaces heavily rely on computer-aided tools. The amount of time and money required to complete the task can be reduced with the aid of these tools.
Question incomplete:To help employees accept new technologies like an information system, a manager will do all of the following EXCEPT:
a) Ensure employees find the system easy to use
b) Demonstrate that the system will allow them do more or better work for the same amount of effort
c) Train the user on the new system
d) Reward users of the new system
e) Provide minimal rationale for the new system
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instance, think about the jobs listed below. While those in positions like these get to work
in and around show business, the functions they perform are based right in the clusters we
considered today: Business Management, Finance, Marketing and Sales. See if you can
search online to find what is involved with these three specific jobs. Can you find an example
of someone who holds this position? What do the do? How might their job allow them to
feel like a part of Hollywood?
Senior Vice President of Theatre Operations
Media Production Accountant
Social Media Director, Film Marketing Agency description of each of the three careers that you researched, including what tasks the
job requires and why the job is so important
2. A breakdown of the education requirements for each career, including subjects that might
be beneficial in preparing for each career
3. The projected annual salary for someone in each career and the job outlook according to
the Bureau of Labor
4. A summary of why you think this job is a good choice for someone who is interested it
"show business*
Answers
Each of these careers can be a good choice for someone interested in "show business" as they offer opportunities to work closely within the entertainment industry and contribute to its success. They provide a chance to be involved in the operations, financial management, marketing, and promotion of films and theaters.
Senior Vice President of Theatre Operations:
This role involves overseeing the operations and management of theaters within a company. Responsibilities may include developing and implementing operational strategies, managing budgets and financial performance, coordinating with production teams, ensuring smooth theater operations, and enhancing the overall customer experience. An example of someone who holds this position is Mark Manuel, Senior Vice President of Theatre Operations at AMC Theatres.
Media Production Accountant:
A media production accountant is responsible for managing the financial aspects of film and television production. They handle budgeting, cost tracking, payroll, financial reporting, and ensuring compliance with industry regulations. Their role is crucial in managing the financial resources of a production, tracking expenses, and providing accurate financial information for decision-making. Relevant education in accounting or finance is essential for this career, and knowledge of the entertainment industry can be beneficial.
Social Media Director, Film Marketing Agency:
As a social media director in a film marketing agency, the role involves developing and implementing social media strategies to promote films. They oversee social media campaigns, manage content creation, engage with audiences, analyze performance metrics, and work closely with marketing teams. Their job is important in building an online presence, creating buzz, and engaging fans within the film industry. A background in marketing, communication, or digital media is typically desired for this role.
Each of these careers can be a good choice for someone interested in "show business" as they offer opportunities to work closely within the entertainment industry and contribute to its success. They provide a chance to be involved in the operations, financial management, marketing, and promotion of films and theaters. These roles allow individuals to work behind the scenes, making critical decisions and supporting the overall success of productions. Additionally, being part of the entertainment industry can be exciting and fulfilling for those passionate about the world of show business.
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I need to see how to do this.
There are two consumers, Andy and Ben, in the market for pumpkins. Their willingness to
pay for each pumpkin is shown in the table Pumpkin Market. There are two producers of
pumpkins, Cindy and Diane, and their costs are also shown. The equilibrium price for
pumpkins is $8 and the equilibrium quantity is 5. If Andy consumes one more pumpkin
and Ben consumes one fewer pumpkin than in equilibrium, total surplus will _____ by
Answers
The answer is, Ben buys 3 pumpkins and his consumer surplus is 6$, if The equilibrium price for pumpkins is $8 and the equilibrium quantity is 5.
In economics, what is consumer surplus?The difference between the price a consumer pays for a good and the amount he would be prepared to pay rather than do without it is known as consumer surplus, also known as societal surplus and consumer's surplus, in economics.
What do the economic terms consumer surplus and producer surplus mean?The gap between a consumer's willingness to pay and their actual purchase price is referred to as the consumer surplus. The difference between the market price and the least amount a producer is willing to take in exchange for a good is known as the producer surplus.
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Assume that a constant growth stock is currently selling at its equilibrium price of $52.50 per share. All else constant, if the required rate of return of the stock increases, the price of the stock will:
Answers
Answer:
decreased
Explanation:
As we know that there is a negative relationship between the rate of return i.e. required and the price of the stock. That means if the required rate of return rises, than the price of the stock reduced and vice versa
As in the given situation it is mentioned that the required rate of return increase so the price of the stock is decreased
The same is to be considered
Imagine the products are in decline and recommend an extension strategy for each one. Make sure you explain your
A Galaxy chocolate bar
Candy Crush mobile app.
Evian water
Ferrari world.
Answers
All of these products should use a rebranding extension strategy.
Once a product reaches maturity and the market is saturated, it gradually starts to decline.
Because of this, one approach to lengthen the life of a product strategy is to always seek out ways to make it better, different, and even stand out from similar products that have already hit the market.
Rebranding, offering discounts, and looking for new markets are all examples of extension strategy methods. Rebranding is the process of giving an existing product a fresh look and feel in order to set it apart from the competition. For instance, a cosmetics company might provide additional brushes, blenders, or sponges.
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select all the reasons to keep your money in a financial institution
Answers
The reasons to keep your money in a financial institution are:
Safety - To keep your money safe from burglars.
Convenience - Its easy to get your money out of the ATM when you need it.
Growth - If you put your money in a savings account you can collect interest.
Security - Leaving your money in the bank will make sure that even if your money is stolen you can get it back
What are financial institution?Financial institutions are organizations that provide financial services to individuals, businesses, and governments. These institutions include banks, credit unions, investment companies, insurance companies, and other financial intermediaries.
Banks are perhaps the most well-known financial institutions. They provide a range of financial services, including checking and savings accounts, loans, mortgages, and credit cards. Credit unions are similar to banks, but are typically smaller and owned by their members.
Investment companies, such as mutual funds and exchange-traded funds (ETFs), allow individuals to invest in a variety of assets, such as stocks, bonds, and real estate, without directly owning those assets. Insurance companies offer various types of insurance, such as life insurance, health insurance, and auto insurance, to help individuals and businesses manage risk.
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select all the reasons to keep your money in a financial institution
Safety - To keep your money safe from burglars.
Convenience - Its easy to get your money out of the ATM when you need it.
Growth - If you put your money in a savings account you can collect interest.
Security - Leaving your money in the bank will make sure that even if your money is stolen you can get it back
None of the above
What should a person make sure to do when filling out an application?
O fill in hardest sections first
O list only addresses for reference
O use black pen
O turn it in immediately
Answers
When filling out an application, it's recommended to start by filling in the hardest sections first. This will insure that the most difficult parts are completed when you're fresh and focused, leaving you with further time and energy to complete the easier sections. Therefore option no 1 is correct.
The other options also considered as important so you also have to fill them carefully.
2. It's important to list all necessary information when giving references on an operation, including full names, job titles, and contact information. Listing only addresses would not be sufficient.
3. It's generally recommended to use a black pen when filling out an operation, as it's easier to read and overlook. Other colors can be delicate to read or may not scan easily.
4. While it's important to submit your application in a timely manner it's also important to take the time to precisely review it for delicacy and absoluteness before submitting.
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To what extent might the slow service be a source of employee irritation and dissatisfaction
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Answer:
Slow service can be an extension and source of employee irritation and dissatisfaction. In any business, you rely on employees to perform simultaneous tasks. It is a team effort. Good management usually incentives good work. As a result, when you have an employee or a cluster of employees that are not satisfied the service will more likely be poor. For example, a fast-food restaurant may have two employees that are dissatisfied with the manager. These employees will look for any distraction and will abuse breaks and so forth. The attention to detail will be minimized and items on the menu will be missing something. Finally, the business will suffer in the long run. Customers will complain and the food will have to be prioritized. Customers will leave if it is taking too long. As a team, when one or two slack off the entire team suffers. Think of a football game if two players decide to try and make all the points and fail in doing so. They have jeopardized the potential of winning or producing.
Explanation:
True or False. Your employer is responsible to make contributions, on your behalf, to the Federal Insurance Contributions Act (FICA).
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Answer:
True
Explanation:
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Your employer is responsible to make contributions, on your behalf, to the Federal Insurance Contributions Act (FICA) is a true statement.
The employers is the one that is responsible for paying employees contributions on their behalf for FICA by the fact that Employers do withhold FICA taxes from employees' wages, and therefore pay employer FICA taxes and later on go and report both the employee and employer shares to the IRS.Conclusively, the FICA taxes are payroll taxes that is used in handling social security and Medicare and as such, both employees and employers must contribute their fair share.
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how is the aggregate supply curve for the economy related to the supply curves of individual producers?
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Answer:
The aggregate supply curve depicts the quantity of real GDP that is supplied by the economy at different price levels. Increases in the price level will increase the price that producers can get for their products and thus induce more output. ...