please explain how an increase in the price of crude oil can affect
the Canadian economy.
Answers
An increase in the price of crude oil can affect the Canadian economy because it is world's largest producers.
Crude oil is the largest single source of foreign money for Canada and one of the world's largest producers and exporters of oil. As a result, a rise in the price of crude oil may raise Canadian economy foreign exchange earnings, which may increase the amount of US dollars coming into the country.
The Canadian dollar's value in relation to the US dollar may rise as a result of this.
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Related Questions
A young man is badly injurged when his cell phone battery catches fire. Whattype of insurance should the manufacturer of the cell phone have to cover such an event?
Answers
Answer:
product liability insurance
Explanation:
In this specific situation, the type of insurance that the manufacturer needs to have had is called product liability insurance. This insurance would cover any and all expenses of injuries caused by a specific product that the victim has purchased from you. Which in this case would cover the fire injuries caused by the cell phone that you the manufacturer sold the young man that was injured.
Answer: Product liability insurance
Explanation:
"the conservative principle attempts to resolve financial statement uncertainty in the least favorable way by anticipating future losses, not gains, where understating net assets and net income always allows companies to:"
Answers
The conservative principle in financial accounting aims to handle uncertainty in financial statements by anticipating future losses rather than gains. This approach allows companies to understate net assets and net income, which can have several advantages.
The conservative principle is a concept in accounting that focuses on presenting financial information in a cautious and prudent manner. It assumes that uncertainty exists and that it is better to err on the side of caution by recognizing potential losses rather than assuming gains. By anticipating future losses, companies can create a more realistic and conservative financial position.
This approach helps in managing risks and can provide a more accurate picture of a company's financial health. It also enables companies to be prepared for potential setbacks and challenges in the future. Understating net assets and net income can benefit companies in several ways.
For example, it can help them maintain a higher level of financial stability and credibility. By recognizing potential losses, companies can set aside reserves or provisions to cover future expenses or contingencies. This can help protect against unforeseen circumstances and ensure the company's ability to meet its obligations.
Furthermore, understating net assets and net income can also have tax benefits. By reporting lower income, companies may be subject to lower tax liabilities, which can result in tax savings.
In conclusion, the conservative approach enables businesses to eliminate uncertainty in financial statements by foreseeing losses in the future. Understating net assets and net income provides benefits such as increased financial stability, credibility, and potential tax advantages.
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when consumers are unhappy with a product, they boycott the product and/or store and express dissatisfaction to friends. this is called ________ response.
Answers
The product and/or store and express dissatisfaction to friends this is called Private Response.
What is product?Product is a term used to describe any item that is produced or manufactured, either for sale or for use. This can include physical goods, services, ideas, or digital products such as apps or software. Products can be tangible, like a car or a laptop, or intangible, like a service or an idea. Products are often created to fulfill a need or a desire of customers, or to solve a problem. Companies use a variety of techniques and strategies to develop, market, and distribute their products, such as market research, customer feedback, and product testing. Ultimately, product success depends on the ability of the company to meet customer needs and preferences.
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Single sponsorship of television shows was eliminated by____?
a longer program length, the quiz-show scandals, discouraging advertisers from sponsoring programs, and substantially raising costs for advertisers.
Answers
Single sponsorship of television shows was eliminated by the quiz-show scandals, discouraging advertisers from sponsoring programs, and substantially raising costs for advertisers.
Single sponsorship of television shows refers to the practice of having only one advertiser exclusively sponsor an entire television program. This model was prevalent during the early days of television when programs were shorter in duration.
However, the quiz-show scandals that occurred in the 1950s played a significant role in the elimination of single sponsorship. The quiz-show scandals involved rigged game shows, which caused a loss of trust among viewers and advertisers.
As a result, advertisers became hesitant to sponsor entire programs, fearing association with potential scandals or controversy. This led to a shift in advertising strategies, with advertisers preferring shorter commercial spots rather than exclusive program sponsorship.
Furthermore, the costs associated with sponsoring an entire program became prohibitive for advertisers. As television grew in popularity, the demand for advertising slots increased, leading to higher prices.
Advertisers found it more cost-effective to purchase shorter commercial spots during multiple programs rather than investing in sole program sponsorship.
These factors collectively led to the elimination of single sponsorship of television shows, paving the way for the advertising landscape we see today, with multiple advertisers sponsoring different segments or individual commercial spots within a program.
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When the amount of use of a fixed asset varies from year to year, the method of determining depreciation expense that best matches allocation of cost with revenue is
Answers
The most suitable depreciation method is the unit of output method.
What is the unit of output method?The unit of output method allocates depreciation expense based on the output of the machine in a particular year.
For example if a machine that costs 10,000 and has a salvage value of 1000 produces 100 output in year 1. The total output capacity of the machine is 1000.
Depreciation in year 1 = (100 / 1000) X (10,000 - 1000)
0.1 X 9000 = 900
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You should inform the person who is writing your letter of recommendation of
all of the following things except
A. where you are applying and why.
B. when the letter is due.
C. what you would like him or her to write.
D. what type of financial aid you are seeking.
Answers
Answer:
D.what type of financial aid you are seeking
what does the abbreviation of CD stand for. (this is financial i put it under business because it is the closest thing to financial literacy)
A. certificate of disposal
B.certificate of interest
C.credit of deferral
D.certificate of deposit
Answers
Answer:
D) certificate of deposit.
Explanation:
Eliza Conner owns a small clothing boutique. Eliza uses her personal checking account for both business and personal needs. How would you convince Eliza that she should open a separate
bank account for her business?
Answers
Answer:
1. It will cause them confusion throughout the tax calculating process.
2. Using a single account will make it difficult to keep payroll records.
3. Keep track of your personal expenses and earnings.
Explanation:
1. It is preferable to establish a separate account to separate the firm's actual income and expenses.
2. Payroll expenses are indistinguishable from personal expenses.
3. This allows you to cross-check bank and hand-made documents for income and expenses. Because cash transactions may not be recorded in the bank account, the entrepreneur should preserve receipts in order to compute revenue and expenses, which may result in erroneous financial statements.
We are interest rate compounded annually beginning balance 1000 annual interest rate 8% what will your ending balance be after one year
Answers
Answer:
1080
Explanation:
Compound interest involves the reinvesting of interest.
The formula for compound interest is given by:
\(A=P(1+\frac{r}{n} )^{nt}\)
Where P is the principal (i.e the beginning balance),
r is the rate,
n is the number of times it is compounded,
t is the number of years
A is the ending balance.
Given that P = 1000, r = 8% = 0.08, t =1 years and it is compounded annually (i.e n = 1).
Substituting values into the formula and calculating gives:
\(A=P(1+\frac{r}{n} )^{nt}\\A=1000(1+\frac{0.08}{1} )^{1*1}\\A= 1000(1+0.08)=1000(1.08)\\A=1080\)
Vinita wants to buy raw materials from Vinita for her biscuit factory. She wants that Vamila should take payment after three months. As per the prevailing practice in this industry she can make payments within six months. Name and explain the source of finance which Vinita wants to use. Also explain two other sources of finance she can have for availing this facility
Answers
Vinita wants to use trade credit as the source of finance for purchasing raw materials from Vamila for her biscuit factory. Trade credit refers to the practice of allowing a buyer to delay payment for goods or services received.
What are the possible sources of finance for Vinita to avail the payment facility?Apart from trade credit, Vinita can explore other sources of finance to avail the payment facility. One option is to obtain a short-term bank loan specifically for covering the cost of raw materials. This loan can be repaid within the three-month period, aligning with Vinita's requirement.
Another source of finance could be using her own personal funds or savings to make the payment upfront to Vamila thereby eliminating the need for trade credit or external financing.
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What additional information could be ued to prove that ΔXYZ ≅ ΔFEG uing ASA or AAS? Check all that apply
Answers
∠Z ≅ ∠G and XZ ≅ FG or ∠Z ≅ ∠G and XY ≅ FE are the additional information that could be used to prove that ΔXYZ ≅ ΔFEG using ASA or AAS.
Commercial enterprise statistics is data that holds which means, cost, or significance to your commercial enterprise. it would consist of any reports, spreadsheets, metrics, regulatory reporting, internet pages, files, dashboards, etc that fit the definition of having which means, value, or significance to your enterprise.
Records are stimuli that have that means in some context for their receiver. whilst facts are entered into and stored in a computer, it's far generally known as facts. After processing -- such as formatting and printing -- output information can once more be perceived as data. properly statistics is that which is used and which creates price. revel in and research indicates that exact statistics have numerous traits. suitable records are relevant for their reason, sufficiently correct for their cause, completely sufficient for the problem, dependable, and focused on the proper person.
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An extremely rainy spring and summer may impact growing crops. This is an example of what type of risk
Answers
Answer:
Environmental risk
Explanation:
In simple words, The environmental risk of farming refers to the affect that various agricultural activities have on the environments in which they operate, as well as how those impacts can be linked to those practices. Agriculture's ecological influence varies greatly depending on the activities used by growers as well as the size at which they operate.
(The Birth of New Ideas: Renaissance Humanities and Fine Arts HC) Use the excerpt to answer the following question: "Some rise by sin, and some by virtue fall."—Measure for Measure, William Shakespeare How does the excerpt show humanism's influence on Shakespeare? (4 points) a It explores human failures. b It focuses on emotions. c It gives political advice. d It supports religious beliefs.
Answers
After considering all the given options carefully and interpreting them we conclude that the excerpt show humanism's influence on Shakespeare portrays and explores human failures, which is Option A.
The excerpt "Some rise by sin, and some by virtue fall" from Measure for Measure given by William Shakespeare elaborates the humanism's influence on Shakespeare by exploring human failures.
Here the given quote suggests that people can rise or fall based on their actions and not their social status or birth.
Therefore the provided idea is central to humanism, which projects the importance of individualism and the potential for human beings to achieve greatness through their own efforts.
The quote also portrays that people are responsible for their own actions and that they must take responsibility for their own successes and failures. By this we can finally say that , option A is clearly projects the meaning here.
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Answer:
a
Explanation:
In measuring GDP as the sum of all incomes earned in production, we should include: purchases of used goods. purchases of used goods. American purchases of foreign output. American purchases of foreign output. wages and salaries. wages and salaries.
Answers
Answer:
wages and salaries.
Explanation:
GDP is an acronym for Gross Domestic Products (GDP) and it can be defined as a measure of the total market value of all finished goods and services made within a country during a specific period.
Simply stated, Gross Domestic Products (GDP) is a measure of the production levels of any nation.
Basically, the four (4) major expenditure categories of GDP are;
I. Consumption (C).
II. Investment (I).
III. Government purchases (G).
IV. Net exports (N).
Additionally, it is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.
In measuring GDP as the sum of all incomes earned in production, we should include wages and salaries of the people working in a particular country.
Nadia (Team Lead) Hi, I know you requested additional support for your deliverable. However, Ravi’s project deadline was just moved up, so the team has limited time to help. How do you think we should proceed? Consider the best way to respond to Nadia. How effective is it to request to push back the deadline for your project?
Answers
In this situation, requesting to push back the deadline for the project may not be the most effective solution. Instead, the following steps could be taken : Prioritize tasks, Assign resources, Communication. You should proceed in the mentioned way.
The team can also identify the resources that are needed to complete Nadia’s deliverable and assign them accordingly. This can help in optimizing the use of available resources and ensuring that the deliverable is completed efficiently.
Effective communication is key to ensuring that the team works together seamlessly. Nadia can be informed of the limited time available and the steps that are being taken to ensure that her deliverable is completed on time. She can also be given regular updates on the progress of the project.
Overall, it is important to approach the situation with a problem-solving mindset and to work together as a team to find effective solutions. Pushing back the deadline may not be the most effective solution as it can affect other projects and lead to delays in the overall timeline.
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Demand for bikes has suddenly increased, and the
market price has risen from $50 to $60.
In three to five sentences, explain how this change will
affect profits.
Answers
When the demand for bikes has considerably increased with a rise in price by $10, then the profit also increases by $10 on every bike sold.
What is meant by profit?Profit is an incentive earned by a company by selling its products at a price higher than the original cost.
From the provided situation, it has been analyzed that there is a direct relationship between price and demand, which means an increase in demand leads to a rise in prices also. This will ultimately raise the profits of a company in respect of goods sold.
Therefore, the profits are also raised by $10 in a similar way as the rise in price by $10 due to an increase in demand for bikes.
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Answer:
Sample response: If the market price of bikes rises from $50 to $60, then the company will want to produce a larger quantity of bikes. This is because the overall marginal revenue is now higher and will be maximized differently. Before profit was maximized at six bikes, now the profit will be maximized by producing more bikes, perhaps seven.
Explanation:
Why very few subsistence economies exist today
Answers
Answer:
As previously mentioned,
subsistence markets are
extremely vulnerable to
external influences.
Because of this
vulnerability, these economies are
becoming more scarce around the
world. In the past, for example, large
populations of indigenous peoples lived
throughout North America.
Esperanza is starting a business by herself as an
illustrator for magazines and children's books. She
isn't concerned with personal liability, but she wants
the business to be easy to set up.
Answers
Answer:
sole proprietorship
Explanation:
The sole proprietorship is the type of business owned and run by a single individual. The owner is a sole trader. In a sole proprietorship, the owner sources capital by themselves, keeps all the profits, and suffers the losses alone.
A sole proprietorship is the easiest form of business to set up. The only requires to obtain a registration certificate and a trading license from the local authorities. Esperanza should open a sole proprietorship business. Unlimited liability is the biggest shortcoming for a sole proprietorship, but that does not seem to bother Esperanza.
Which of the following is part of the cost of goods or services sold for a company that paints people's homes?
A. Paint
B. Flyers to promote the company
C. A van to travel to people's homes
D. Fuel for the van
Answers
Answer:
A. Paint
Explanation:
Paint is a part of the cost of goods or services sold for a company that paints people's homes. Thus, the correct option is A). Paint.
What is the cost of goods sold?COGS stands for the Cost of Goods Sold. Cost of goods sold refers to the direct costs of producing the goods sold by a company. It is the total amount or cost that is incurred in the production of the goods. The sum of amount that a business paid as a cost directly related to the sale of products, is known as COGS.
Cost of goods sold is the total carrying value of goods sold during a particular period. This amount mainly includes the cost of the material, labor, machinery etc. that are directly used to create the good. It also includes the indirect cost such as marketing cost, distribution cost, sales cost etc.
Basically, cost of goods sold can be calculated by the given formula i.e. COGS = the starting inventory + purchases – ending inventory.
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In a free market setting where quantity supplied is 40 units and quantity demanded is 50 units, price will:
Answers
Answer: Increase
Explanation:
According to the Law of Supply and Demand, If the demand for the good is higher than the supply, the price will be higher to reflect the relative scarcity and if the demand is lower than supply, the price will be lower to reflect the relative excess.
In this case the quantity demanded is higher than the quantity supplied so the price will have to increase to reflect the relative scarcity of the good.
A person-to-person payment app could be used in each of the following scenarios EXCEPT:__________.
i. Tina pays her neighbor $200 for breaking his window with a softball.
ii. Mia pays Randy the delivery driver from Cheesy Pizza Co. for a pizza she orders for her Spanish study group.
iii. Ahmed's soccer coach pays the team's registration fee for a big tournament, and each player then owes him $35 for their share of the registration fee.
iv. Rafael writes the whole monthly rent check to the landlord, and his roommates Valerie and Carlos pay Rafael for their share of the monthly rent.
Answers
A person-to-person payment app could be used in each of the following scenarios EXCEPT:
i. Tina pays her neighbor $200 for breaking his window with a softball.
ii. Mia pays Randy the delivery driver from Cheesy Pizza Co. for a pizza she orders for her Spanish study group.
iii. Ahmed's soccer coach pays the team's registration fee for a big tournament, and each player then owes him $35 for their share of the registration fee.
iv. Rafael writes the whole monthly rent check to the landlord, and his roommates Valerie and Carlos pay Rafael for their share of the monthly rent. The correct answer is (i) Tina pays her neighbor $200 for breaking his window with a softball.
In this scenario, a person-to-person payment app may not be the most suitable option. This situation involves compensation for property damage, which typically falls under insurance claims, personal agreements, or legal settlements. A person-to-person payment app is more commonly used for everyday transactions, splitting bills, paying friends, or making purchases.
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Which of the following refers to the arrangements between buyers and sellers regarding the payments for merchandise?
a. Credit terms.
b. Operating cycle.
c. Accounting cycle.
d. Credit memos.
Answers
(A) Credit terms are the conditions of the agreements between buyers and sellers regarding the payment for products.
What do we mean by Credit terms?The agreements between buyers and sellers on the payment for goods are referred to as credit terms.
Credit terms specify when payments are expected for purchases made with credit, any potential discounts, and any interest or late payment penalties that may be charged.
Credit conditions for sales on credit, for instance, can be 2/10, net 30.
This indicates that payment must be made in 30 days (net 30). Credit terms are the payment conditions specified on the invoice at the time of the purchase of the goods.
This is an agreement between the buyer and the seller regarding the deadlines and methods of payment for products obtained on credit.
It also goes by the name "payment terms."
Therefore, (A) credit terms are the conditions of the agreements between buyers and sellers regarding the payment for products.
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what is bitcoin: a peer-to-peer electronic cash system ?
Answers
"Bitcoin: A Peer-to-Peer Electronic Currency System" is the title of a white paper issued in 2008 by the completely anonymous person or group of individuals known as Satoshi Nakamoto.
Bitcoin is a decentralized digital currency that functions on a peer-to-peer network, allowing users to conduct direct transactions without the assistance of a third party, such as a bank or payment processor. Bitcoin transactions are cryptographically verified by network nodes and stored on a public ledger known as a blockchain.
The use of cryptography assures transaction security and integrity, while the blockchain maintains the ledger's immutability. It has also been lauded as a potential replacement for existing fiat currencies, a store of wealth, and a way of payment for goods and services.
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Sarah needs to transfer money from one of her bank accounts to another. She would call someone from the Banking Services pathway of the Finance career cluster to help her do this.
A. True
B. False
Answers
The Answer is: A. True
She would need to call someone from the Banking Services pathway of the Finance career cluster to help her.
The stage in which the sales of a service start to lesson is called the
Answers
Answer: decline stage
Explanation:
How does the outlook for this job influence decision to pursue it? Does the education required for this match your plans for high school?
Answers
The outlook for this job influence decision to pursue it Looking at process outlook whilst choosing a brand-new function to pursue is an crucial thing to making sure process security. The better the process outlook for that function, the much more likely you're to each locate and maintain a process in that field.
The education required for this match your plans for high school Having a plan in place in which college students can maintain music of those non-public learnings can assist similarly their very own development. For instance, they could file what mastering fashion pleasant fits them. For excessive college college students, this piece of records may be very beneficial in relation to deciding on a college.
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Used by many smaller companies to help streamline procurement or distribution processes, ________ is an internet site whose purpose is to be a major starting point for users when they connect to the web.
Answers
Used by many smaller companies to help streamline procurement or distribution processes, a web portal is an internet site whose purpose is to be a major starting point for users when they connect to the web.
What is Web Portal?
An information single point of access, or web portal, is a website that has been specifically developed for this purpose. It might also be thought of as a collection of organized and personalized content. In addition to offering functions like task management, collaboration, business intelligence, and application integration, a web portal typically assists with search navigation, customization, alerting, and information integration. Web portals frequently offer access control and procedures as well as a specific appearance and feel for businesses and organizations. They are reachable through a variety of platforms, including desktop computers, mobile phones, and other electronic devices.
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Based on the details of the scenario, determine what will most likely occur. Jillian and Chase are making a contract in which Jillian ships beaver pelts to Chase, who then makes the pelts into hats to sell. A year into their contract, it becomes illegal to buy or sell beaver pelts in the U.S.
Answers
Answer: Contract is voided
Explanation:
From the question, we are informed that Jillian and Chase are making a contract in which Jillian ships beaver pelts to Chase, who will then makes the pelts into hats to sell.
We are further told that a year into their contract, it becomes illegal to buy or sell beaver pelts in the United States. Based on the scenario explained, the contact will be voided.
A void contract is referred to as a formal agreement that cannot be enforceable and is not legitimate. Since it is illegal to either purchase or sell beaver pelts, it means that the context cannot be carried out anymore and should the be void.
Income tax that is payable to the federal government is collected by the
.
who ever anwer is marked brainlist
Answers
Answer:
Guy above is 100% correct, I put IRS and got 5/5!
Explanation:
Do you believe that Hispanic Entrepreneurs have made progress in Business?:
Answers
Answer:
Pls rate Brainliest
Explanation:
I do because they have come up with several good business ideas