On January 1, 2021, Norwood borrows $540,000 cash from a bank by signing a five-year Installment note bearing 7% Interest. The note requires equal payments of $131,701 each year on December 31. Requir

The difference between an asset's cost and its accumulated depreciation is called: net book value

What is net book value?

The net book value of  an asset means its cost of purchase initially, minus all depreciation expense to date, which is the accumulated depreciation, this is different form depreciable cost , which is simply the cost of asset minus salvage value.

Also, it should be noted that the accumulated depreciation is shown under the liability section of the balance sheet even though it is not a liability but rather a contra asset account which reduces the cost of the asset under the non-current asset heading to the net book value of the asset

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Answer:

Public sector provides many services such as; education, health and social care.

At the maturity of a note payable, a borrower will pay the principal plus interest, option a.

The principal refers to the original amount borrowed, and the interest is the additional amount charged by the lender for borrowing the money over a specific period of time. When the note becomes due, the borrower is obligated to repay both the principal and the accrued interest.

Throughout the term of the note, the borrower is expected to make periodic payments, which usually include both principal and interest. These payments help reduce the outstanding balance of the loan. The interest is calculated based on the principal amount and the agreed-upon interest rate, and it represents the cost of borrowing the money.

At the maturity of the note payable, which is the end of the loan term, the borrower is required to repay the remaining balance in full. This includes the principal amount that was initially borrowed and the accumulated interest over the loan term.

So, the correct answer is option a) the principal plus interest.

Question:

at the maturity of a note payable, a borrower will pay ________.

a. the principal plus interest

b. the principal minus interest

c. the interest amount only

d. the principal amount only

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Answer:

profit

Explanation:

Answer:

profit

Explanation:

Because it offers a clear and verifiable record of the payment process, payment by check is an essential internal control over cash payments.

A check ensures that right procedures are followed, and a check system is in place so that the preparer of the check and the signing have separate responsibilities that allow any differences to be questioned.

Internal cash controls for disbursements are aided by the segregation of duties between workers who handle cash receipts and those who make payments or disbursements.

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Answer: The Medicare tax rate is 1.45% of an employee's gross income. The Medicare tax, which is a charge on both employers and employees, is paid by both.

Opportunity cost is the value of the alternative option that could have been chosen instead. Beverly should consider the potential benefits and costs of using the teeth whitening kit again, as well as alternative options such as seeking medical treatment or trying a different product.

Opportunity cost refers to the value of the next best alternative option that must be given up or sacrificed when making a choice between two or more mutually exclusive options. It is the cost of foregone opportunities, benefits, or potential returns that could have been achieved if an alternative decision had been made. Opportunity cost is an important concept in economics, business, and personal finance because it helps individuals and organizations make better decisions by understanding the trade-offs involved in choosing one option over another.

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Beverly spends $100 on a teeth whitening kit. However, after just one application, her gums are inflamed, and her teeth feel painful when she eats hot or cold foods.

Beverly should understand that the opportunity cost of a second application is damaging her teeth, which is much worse than the cost of throwing the kit away.

Opportunity cost refers to the cost of choosing one opportunity over another, i.e., the cost of giving up one alternative to pursue another alternative. The opportunity cost of choosing one option is the benefit that could have been achieved by choosing the other alternative. If the cost of one opportunity is high, it may not be worth pursuing the option. The kit may cause Beverly more harm than good, so Beverly should understand that the opportunity cost of a second application is the cost of damaging her teeth, which is much worse than the cost of throwing the kit away. Instead, she should try a different product or visit a professional dentist to fix the damage caused by the previous treatment.

The opportunity cost of throwing the teeth whitening kit away is that Beverly would be unable to try another application of the kit to see if the result is different. Beverly may miss out on having a whiter smile if she throws the kit away, but if the potential harm from the treatment is greater than the benefit, it is not worth continuing to use it.

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Bond redemption refers to the repayment of a debt security or bond on or before the maturity date. It is a procedure in which a bond issuer pays an outstanding bond's principal and interest to its bondholders, which includes the bond’s face value plus the last interest payment.

Account Name Debit Credit Cash $485,000Discount on bonds payable $14,828Bonds payable $500,8283) Journalize the entry if the market or effective rate of interest on January 1, 202% is 6%, and the corporation receives $510,000 in cash when issuing the Bonds. Account Name Debit Credit Cash $510,000Premium on bonds payable $10,228Bonds payable $500,000The following is the journal entry for the issuance of the bond: Account Name Debit Credit Cash $500,000Bonds payable $500,000In summary, when a bond is redeemed, the company records the entry in the bond payable account and the cash account. The accounting treatment will depend on the effective interest rate and whether the bond is issued at a discount or premium.

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Answer:

southern university, Dillard university, university of new orleans

Answer:

(c) problem solver

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

Hence, a manager who is reactive and works hard to address problems after they occur is known as a problem solver.

This ultimately implies that, a problem solver proffer solutions to a problem after it has occurred already. Problem solver are reactive rather than being proactive by preventing or mitigating the possibility of a problem arising.

The worth of the shares when the stockholder originally purchased them is $1105.

Shares are fractional ownership interests in a corporation. For some businesses, shares are a type of financial instrument that allows for the equitable distribution of any declared residual profits in the form of dividends.

It is assumed that the purchase price of the share is $100. As the stockholder sold her shares for $1,403, making a profit of 27%, it implies that:

  127 = $1,403

∴ 100 = $1,403/127 × 100

        = $1104.72

Therefore, $1104.72 is the original purchase price of the share.

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Answer:

Copyright is important as it helps to protect the value of an author/academic/researchers work, by giving the originator of the work the ability to protect it from unlicensed or uncredited usage.

Explanation:

Answer:

So that therefore you wouldn't be fined of plagiarism of any kind.

Explanation:

When a monopolist engages in ideal price discrimination, the marginal revenue curve lies beneath the demand curve. the demand curve and the marginal income curve are identical.

A discriminating monopoly is a monopoly firm that fees one of a kind costs to one of a kind segments of its customer base. An on-line retailer might also charge greater expenses to customers in wealthy ZIP codes and decrease expenditures to these in poorer regions.

The flawlessly charge discriminating monopolist will be allocatively efficient due to the fact the ultimate unit bought will have a fee equal to marginal cost.

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The changes in the nation's money supply have a significant impact on the economy, which affects various variables such as interest rates, investment spending, aggregate demand, real GDP, and the price level. For instance, when the central bank increases the money supply, it reduces the interest rates, which encourages investment spending by businesses and consumers. As a result, aggregate demand increases, leading to an increase in real GDP and the price level.

However, if the economy is suffering from unemployment, increasing the money supply alone may not be sufficient to stimulate job creation. In such a case, the government can implement fiscal policies such as increased government spending or tax cuts, which can also stimulate aggregate demand and boost job creation.

In summary, the links between changes in the nation's money supply, interest rates, investment spending, aggregate demand, real GDP, and the price level are complex and intertwined. To address the problem of unemployment, a combination of monetary and fiscal policies may be necessary to ensure sustained economic growth and job creation.

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Correct option is CORE CUSTOMER VALUE. It is the most basic level that addresses the question.

1. Core Benefit

The essential need that the customer is able to satisfy when they purchase the goods is the core benefit.

It's crucial to consider the main benefit from the customers' point of view. Asking yourself, "Fundamentally, why is the client buying this product?" is the simplest method to accomplish this.

2. Actual Product

The features and design of the product are what make it what it is. Products generally have a ton of features but few core benefits (benefits that the client actually receives).

3. Augmented Product

Any non-physical components of the product are the augmented product. The augmented product typically comes with things like a warranty and customer service. The augmented product can be a crucial tool for customizing your offering to satisfy particular customers' needs.

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Complete question -

Product planners need to think about products and services on three levels. Each level adds more customer value. Which one of the following is the most basic level that addresses the question, “What is the buyer really buying?”

A. Actual product

B. Augmented product

C. CORE CUSTOMER VALUE

D. Co-branding

The company's total asset turnover, which is 1.13, shows that it is making effective use of its assets to produce sales.

A resource that belongs to a person or business and has a monetary worth is known as an asset. Examples include cash, stocks, bonds, real estate, machinery, intellectual property, and accounts receivable. Intangible assets like goodwill, brand awareness, and copyrights can also be considered assets. Current assets, which may be swiftly converted into cash, and long-term assets, which have a longer lifespan, are the two basic categories into which assets are traditionally separated.

Total Asset Turnover = Gross Sales / Average Total Assets

Total Asset Turnover = $1,122,000 / $990,000

Total Asset Turnover = 1.13

Total asset turnover is a metric for gauging how effectively a business uses its assets to drive revenue. It is computed by dividing the entire annual revenues of the company by the average annual total assets. In this instance, the company's gross revenues were $112,000 and its average total assets were $990,000. Accordingly, the company's total asset turnover is 1.13, which shows that it is making effective use of its assets to produce revenue.

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Predictive analytics is a branch of advanced analytics that uses current and historical data to forecast activity, behavior and trends.

Predictive analytics is a powerful tool for businesses to identify potential opportunities and risks, optimize customer relationships, and improve decision-making. It uses current and historical data to forecast activity, behavior, and trends using a variety of statistical techniques from data mining, predictive modeling, and machine learning. Predictive analytics can help businesses anticipate customer financial statements needs and make more informed decisions, allowing them to stay ahead of the competition and maximize profits. Additionally, predictive analytics can be used to optimize processes and increase efficiency, as well as to identify potential areas of growth and new opportunities. In short, predictive analytics is an invaluable tool for businesses of all sizes that can help them make more informed decisions, increase profits, and stay ahead of the competition.

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Answer:

That the car wash was not liable to the plaintiff because the car wash employees had no notice they were taking responsibility for so much jewelry.

Explanation:

The case of Ziva Jewelry Inc., v. Car Wash Headquarters Inc involved a salesperson Stewart who locked jewellery in his car and took it to the car wash.

He did not disclose that there was expensive jewelry in the car.

The attendant finished washing the car and signalled to Stewart that his car was ready and walked away from the car.

Before Stewart could pay the bill someone had taken the car. Although the police recovered the car the jewellery was stolen.

Zeva Jewellry filed a motion against the car wash that they did not excercise due care in returning the vehicle.

In this instance the car wash was not liable because Stewart did not disclose there was expensive jewelry in the car.

Also the attendant had finished with his car and informed him of this. So it was out of their care when the car theft occured

Answer:

demand

Explanation:

Economists use the term demand to refer to the amount of some good or service consumers are willing and able to purchase at each price. In economics, demand is the quantity of a good that consumers are willing and able to purchase at various prices during a given period of time. The relationship between price and quantity demanded is also called the demand curve.

The demand shows the willingness of customers to purchase a product and also their ability to buy the same.  

Demand includes the needs and desires of the customers in the market that insists them purchase a certain product at a given price.  Demand is expressed in quantities that show a negative relationship with the price of that particular product.

Therefore, it includes both the willingness as well and purchasing power of the customers in the market to make the demand complete.

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The most important cultural/leadership component in an ethics program is to create a culture of ethics.

An ethics program is one that is designed to promote and enforce ethical behavior and values within an organization. This program should be structured in such a way that it emphasizes ethical values in all aspects of the organization, including leadership, policies, and practices.

The culture of ethics starts with the leadership of the organization. The leaders of an organization must lead by example by modeling ethical behavior and setting the tone for the organization's culture. They must also be accountable for the ethical behavior of their employees and hold them responsible for their actions.The leadership of an organization must also promote a culture of transparency and openness, where employees feel free to report any ethical violations without fear of retribution.

The ethics program should also provide training and education to all employees on the organization's ethical values and standards. This training should include information on how to identify and report ethical violations and provide employees with the tools they need to make ethical decisions.

Finally, the leadership of an organization must ensure that ethical behavior is recognized and rewarded. This will reinforce the importance of ethical behavior and encourage employees to act in accordance with the organization's ethical standards. By creating a culture of ethics, an organization can ensure that all of its employees act in accordance with its values and that its reputation remains intact.

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Remy has violated the fiduciary duty of loyalty. The fiduciary duty of loyalty requires a broker to prioritize the interests of their client above their own.

In this case, Remy, who is representing seller Carl Smith, took advantage of the information and opportunity presented as a broker and purchased the property for a quick flip, intending to make a profit for themselves. By doing so, Remy put their own interests ahead of Carl Smith's. This action violates the duty of loyalty, as Remy's decision to make an offer on the property and immediately resell it for personal gain conflicts with their responsibility to act solely in the best interests of their client. Brokers have a legal and ethical obligation to avoid conflicts of interest and ensure that their actions safeguard and prioritize their clients' interests throughout the real estate transaction.

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Debt to equity ratio

Debt to equity ratio is calculated as  total debt divided by total assets.

It represents how much company's finance from debt or its own fund.

It should be in the combination , not all the finances should be done only from debt or  equity .

It helps in determining company's financial leverage and mostly used in corporate finance.

This ratio helps many investors to take the decision regarding the company.

Debt to equity ratio varies from different company to company .

Higher the ratio represents the higher risk because debt has more cost and  risky than equity whereas low ratio suggests that company is not taking advantage from financing through debt.

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The basic earnings per share for mayan company is approximately $3.

to calculate the basic earnings per share (eps), we divide the net income by the weighted-average number of common shares outstanding. in this case, mayan company had a net income of $32,370 and the weighted-average common shares outstanding were 8,300.

eps = net income / weighted-average common shares outstanding

eps = $32,370 / 8,300

eps ≈ $3.90 90.

earnings per share is an important financial metric that shows the profitability of a company on a per-share basis. it is commonly used by investors and analysts to evaluate a company's financial performance and compare it to other companies in the same industry.

it's worth noting that the basic eps calculation assumes that there are no dilutive securities or potential common shares that could impact the number of shares outstanding. if there were any potential dilutive securities, such as stock s or convertible bonds, a more complex calculation called diluted earnings per share would be used to account for their potential impact on the number of shares outstanding.

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In the Solow growth model, the golden rule consumption refers to the optimal level of consumption that maximizes the steady-state welfare of the economy. In this given scenario, the production function is Y = K^0.2N^0.8, with population growth rate (n) at 2%, depreciation rate (δ) at 5%, and marginal propensity to save (s) at 21%.

To determine the golden rule consumption, we must first find the steady-state capital per worker (k*). Using the Solow model, we can set up the equation: sY = (δ + n)K. With the given production function, we substitute Y with K^0.2N^0.8, and then divide both sides by N to get k*.

Next, we plug in the values for s, δ, and n to solve for k*. Once we have k*, we can find the steady-state output per worker (y*) by substituting k* into the per-worker production function, y = k^0.2. Lastly, to find the golden rule consumption per worker (c*), we use the equation c* = y* - (δ + n)k*.

In conclusion, by calculating the steady-state capital, output, and consumption per worker, we can determine the golden rule consumption level that maximizes the welfare of the economy in the given Solow growth model with the specified parameters.

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The principle of "economic impact" is not normally considered a principle of a modern tax system, while efficiency, raising revenue, and equity are recognized as essential principles.

2.1) The principle of "economic impact" is not normally considered a principle of a modern tax system. The other three principles—efficiency, raising revenue, and equity—are widely recognized as essential principles for designing a modern tax system.

Efficiency refers to minimizing the economic distortions caused by taxation and ensuring that resources are allocated in the most productive way. A tax system should strive to minimize any negative effects on economic incentives, productivity, and economic growth.

Raising revenue is a fundamental purpose of taxation. A tax system should generate sufficient revenue to fund government activities and public goods, such as infrastructure, education, healthcare, and defense.

Equity, also known as fairness, implies that a tax system should distribute the tax burden in a just manner. It should be designed to ensure that individuals with different income levels or abilities to pay contribute proportionally to their income or wealth.

2.2) The statement that is not generally regarded as a principle of an ideal tax system is: "It should raise as much money as possible for the government." While raising revenue is an important principle, the primary objective of an ideal tax system is not simply to maximize government revenue.

An ideal tax system aims to strike a balance between revenue generation and other principles, such as efficiency, equity, and convenience. Maximizing revenue without considering the broader impacts on the economy, fairness, or administrative convenience can lead to unintended consequences and negative effects.

Instead, an ideal tax system should focus on achieving a fair distribution of the tax burden, promoting economic efficiency, minimizing distortionary effects, ensuring certainty and predictability, and providing convenience to taxpayers in terms of timing and payment options.

These principles collectively contribute to a well-designed and effective tax system that supports economic growth, social welfare, and public trust.

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Answer:

a packaged business investment that allows the buyer to begin a business.

Explanation:

A free good can become an economic good when its supply becomes limited or when there is an increase in demand for it.

A free good is a good that is available in abundance and can be obtained without any cost, such as air or sunlight. Since there is no cost associated with obtaining such goods, they do not have any market value and are not considered economic goods.

However, if the supply of a free good becomes limited or if there is an increase in demand for it, it can become an economic good. This is because people are willing to pay for a good that was once freely available but is now scarce or in demand.

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A free good can become an economic good if its availability declines, demand increases, or a mix of the two, causing the good to become scarce and thus increase in value, resulting in the acquisition of a price or cost.

Economic goods are goods that are made to meet the wants of the people. It has a certain price or cost, which is deducted to maintain consumption.

A free good is one that is not scarce and is accessible indefinitely. A free commodity has no opportunity cost to society and does not require scarce resources to be produced, so it has a zero marginal cost. A good that is made available at no cost, on the other hand, is not inherently a free good.

When the desire for a free good exceeds the supply, it becomes scarce and thus an economic good. For example, while air is a free good, it can become an economic good if it becomes polluted and limited.

Another example is water. Water is commonly thought to be a free good, but when it is processed, purified, piped, or dispersed in bottles, it consumes as a scarce resources and becomes an economic good.

When scarce resources are used to make a good, the producer incurs a cost known as the marginal cost; if the marginal cost is greater than zero, the good is an economic good.

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Agile teams are all about: communication (usually daily), teamwork, problem solving, technical development skills, and striving to improve team velocity with each iteration.

Three key roles in Agile teams: 1) Improve sprint planning and retrospectives with Jira's user story map. 2) Manage complex dependencies with SAFe PI Planning Suite in Jira. 3) Build empathy for your team and customers with Jira.

Agile principles: 1) Customer Satisfaction. The customer should be satisfied with the prompt delivery of the product. 2) Welcome change. Changing requirements should also be considered later in the development process. We deliver frequently. 3) Cooperate. 4) motivated team. 5) Face to face.  6) Working software. 7) constant pace.

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The right response is that entry obstacles like ownership and control of raw materials, patents, and significant financial investments can exist in both oligopolies and monopolies.

Raw material ownership and control: In some sectors, a single company may own or control a sizable share of the raw materials required to make a product. Because they might not have access to the resources they need to compete successfully, this might make it difficult for new businesses to enter the market.

Patents: Companies that have been granted patents for novel goods or methods may temporarily monopolise their manufacture and distribution. Competitors may find it difficult to enter the market if they can't make a comparable product without violating the patent because of this.Substantial capital investment: To join the market and effectively compete, several sectors demand significant upfront capital investments.

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