What type of transactions should be recorded in the Payment, Fee, Withdrawal column
of your check register?
Greg's average balance checking account pays simple interest of 5.4% annually, and he made $7.20 in interest last month. What was Greg's average balance last month?
Answer:
Greg's average balance last month was $ 1,600.
Explanation:
Given that Greg's average balance checking account pays simple interest of 5.4% annually, and I have made $ 7.20 in interest last month, to determine what was Greg's average balance last month the following calculation must be performed:
5.4 / 12 = 7.20
100 = X
0.45 = 7.20
100 = X
100 x 7.20 / 0.45 = X
720 / 0.45 = X
1600 = X
Therefore, Greg's average balance last month was $ 1,600.
would burger king hamburgers or lady gaga mp3s have a deadweight loss smaller relative to the total surplus in its market?
Competition do exist between firms. For Burger King hamburgers, I will expect deadweight loss to be smaller relative to the total surplus in its market. This is because the less differentiated products are known to be more difficult to sustain its inefficient prices and the much smaller deadweight loss it has.
Burgers are known to be less differentiated product and it need to advertise so as to convince consumers that they should have one burger over another.Consumers are said to be more indifferent about fast-food. The entry of new firms affects profits by forcing business rivals to compete.
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an investor would like to achieve monthly income from a mutual fund investment that has the highest level of principal protection available. a suitable recommendation is a
An investor who wants to achieve monthly income from a mutual fund investment with the highest level of principal protection: should consider a money market mutual fund.
A money market mutual fund is a suitable recommendation because it invests in highly liquid, short-term debt securities, such as Treasury bills, commercial paper, and certificates of deposit. These investments have low credit risk and are considered very safe, providing a high level of principal protection.
The fund's objective is to provide investors with a stable share price and current income, typically through monthly dividend distributions. While the returns may be lower than other mutual funds, the risk of losing principal is minimal.
This type of investment can be especially attractive for conservative investors who prioritize capital preservation and seek regular income streams.
In summary, for an investor aiming to achieve monthly income with the highest level of principal protection available, a money market mutual fund is an appropriate recommendation. It offers low credit risk, stable share prices, and monthly dividend distributions that align with the investor's goals.
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a firm has average daily expenses of $2.13 million and average accounts payable of $112.7 million. on average, how many days does it take the firm to pay its bills?
The company spends $2.13 million on average per day, and $112.7 million is spent on average on accounts payable. The company pays its payments in 52.91 days on average.
Account payable is a liability account that shows how much money the business owes to third parties. The business must pay off the double during the same operational cycle. The balance sheet contains the account payable.
Add the balance of accounts payable at the start of the period to the balance at the conclusion of the period to determine the average accounts payable for the time period. To find the average accounts payable, divide the result by two.
The average daily expenditure on a specific task is determined by dividing the overall expenditure by the number of days required to complete the task: The project took 60 days to complete, costing $4500 each day on average.
Number of days = Average accounts payable / Average daily expenses
= $112.7 million / $2.13 million
= 52.91 days.
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Why will a manager of a perfectly competitive firm always (both in the short and long run) choose to produce the output quantity Q* where Price = Marginal Cost. Is this rational? Explain your reasoning.
A manager of a perfectly competitive firm will always choose to produce the output quantity Q* where Price = Marginal Cost because this is the point where the firm maximizes its profits. In the short run, if the price is greater than the marginal cost, the firm will produce more output, and if the price is less than the marginal cost, the firm will produce less output. However, when the price equals the marginal cost, the firm is making the most efficient use of its resources and is maximizing its profits. In the long run, the firm will adjust its production in response to the price and demand in the market. If the price is above the marginal cost, new firms will enter the market, and the increased competition will drive down the price. If the price is below the marginal cost, some firms will exit the market, and the decreased competition will drive up the price. In the long run, the only way for the firm to continue making profits is to produce at the point where the price equals the marginal cost. Overall, it is rational for a manager of a perfectly competitive firm to produce at the output quantity where Price = Marginal Cost because this is the most efficient use of the firm's resources and maximizes its profits.
About DemandDemand is a process of requesting something or a number of items purchased or requested at a certain price and time. Demand relates to consumer desires for goods and services to be fulfilled. And the trend of consumer demand for goods and services is unlimited. Marginal cost is the increase in total cost that comes from producing one unit of production output. If a firm produces 1,000 units, the additional cost of increasing output to 1,001 units is the marginal cost. Profit or profit can be defined in two ways, the first is profit in economics is the difference between income and total costs. Implicit costs include the opportunity costs that occur when firms choose to use certain factors of production.
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Look at the following email (attached). Name two good email netiquette practices used in the
email. Name two poor email netiquette practices
Two good email etiquettes practices used in email are:
Inserting a SubjectKeep the email short and restricted to three paragraphs.Two bad email etiquettes used in the email above are:
Indiscriminate use of the exclamation markDiscussing personal issues in a formal email.What are email etiquettes?The use of acceptable language, standards, and politeness in an email is referred to as email etiquette. Business emails often need formal language as well as rigorous respect to appropriate grammar and spelling.
Five useful E-mail Etiquette are:
Address your addressee appropriately. Check, double-check, and triple-check that you have the right spelling of the recipient's name and title.Proper greetings and closing statements should be used.Format correctly.Avoid using ALL CAPS.Large files should be compressed.Learn more about email etiquette:
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FILL IN THE BLANK. ____________________ exist when there not enough products are available to satisfy demand.
When there aren't enough items on hand to meet demand, there are shortages.
Shortages occur when the demand for a product or service is greater than the available supply. Shortages can be caused by various factors, including unexpected increases in demand, supply chain disruptions, natural disasters, or production delays.
Shortages can have significant impacts on businesses, consumers, and the overall economy. For businesses, shortages can result in lost sales, lower revenue, and reduced profits. Consumers may have to pay higher prices or go without the desired products or services. Additionally, shortages can lead to hoarding and panic buying, exacerbating the problem further.
To mitigate the impact of shortages, businesses can take steps such as increasing production, finding alternative suppliers, or implementing allocation strategies. Governments may also intervene by implementing price controls, providing subsidies, or regulating supply chains.
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Oriole Company incurred the following costs for 62000 units:
Variable costs $372000
Fixed costs $392000
Oriole has received a special order from a foreign company for 3000 units. There is sufficient capacity to fill the order without jeopardizing regular sales. Filling the order will require spending an additional $6000 for shipping. If Oriole wants to earn $6000 on the order, what should the unit price be?
a. $10.32
b. $16.32
c. $8.00
d. $10.00
The correct answer is not provided in the options given (a. $10.32, b. $16.32, c. $8.00, d. $10.00). Based on the given information, the unit price should be $14.32, which is not listed among the options provided.
To calculate the unit price, we need to consider the additional costs incurred for the special order and the desired profit.
Given that Oriole Company incurred variable costs of $372,000 and fixed costs of $392,000 for 62,000 units, we can calculate the total cost per unit as follows:
Total Cost per Unit = (Variable Costs + Fixed Costs) / Number of Units
Total Cost per Unit = ($372,000 + $392,000) / 62,000 units
Total Cost per Unit = $764,000 / 62,000 units
Total Cost per Unit = $12.32
Since the company wants to earn a profit of $6,000 on the order, we need to add this amount to the total cost per unit:
Unit Price = Total Cost per Unit + Desired Profit
Unit Price = $12.32 + $6,000 / 3,000 units
Unit Price = $12.32 + $2.00
Unit Price = $14.32
Therefore, the unit price should be $14.32.
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you are an administrative assistant in the purchasing department. Another administrative assistant is getting married in three weeks. Rumor has it that after the wedding, she will not be returning, and two of your peers have come to you asking if it is true because they want to apply for her job. you have not seen an official announcement, however, the assistant did tell you that she plans not to come back. What should you say to your two coworkers?
In this situation, You should tell your coworkers that you are unsure and that it is not yet official announced.
Co - workers.
Co workers refers a person with whom one works, typically someone in a similar role or at a similar level within an organization.
Given,
Here we have given that, you are an administrative assistant in the purchasing department. And another administrative assistant is getting married in three weeks. There is a rumor has it that after the wedding, she will not be returning, and two of your peers have come to you asking if it is true because they want to apply for her job. Now, you have not seen an official announcement, however, the assistant did tell you that she plans not to come back.
Here we need to find how you should handle this situation.
While we looking into the given question, we have identified the following,
There are 2 administrative assistant in your company.
One is you and another one is a girl and she get married in three weeks. And she also planned to resign after her marriage but this resignation is not officially confirmed.
So, in this situation, two of your peer interested for the position and asking you about the recruitment process.
Here you have to reply the co workers that the resignation is not conformed and if it is officially announced they you have the option to apply for that position.
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Which of the following activities is not associated with the final stage of production? *
1 point
A. Distribution of goods to final consumers
B. Exchange of goods between buyers and sellers
C. Marketing of goods and services to prospective customers
D. Sourcing of raw materials
E. Warehousing of manufactured
Answer:
the answer is sourcing of raw materials
it depends if it is direct or indirect
What are the advantages and disadvantages of the three primary business writing formats?
Answer and Explanation:
The business writing formats benefits and disadvantages of the three primary business writing formats are described below:-
A memorandum is a formal define that it is the way of communication that enables corporations to connect with their workers. This is typically used to distribute updates or issues.
Memos are highly increasingly being replaced by e-mail, so sending a memo is more difficult and costly. Therefore, a Business Letter is a structured communication method that's best used to connect with clients.
It generally takes more time to write and format a business letter than to write an email or memo.
As we know that an Email is easy to send and priceless, and make enable to send message to many people at a time also Many unwritten e-mails etiquette rules and can be too casual for many business purposes.
Business writing formats includes the use of memorandum, email business letters etc. The advantages and disadvantages of the three primary business writing formats are:
A Memorandum: (Advantages)
This is simply a formal, internal communication tool which allows companies to communicate with their employees. It is known to be used to deliver announcements or problems.Disadvantages
Memos are said to be rapidly been replaced by e-mail due to the fact that it is more complicated and expensive to deliver a memo.Business letters (Advantages)
A Business Letter is simply known as a formal communication tool which is utilized for communicating with customers.Disadvantages
Writing and formatting a business letter often takes more time than composing a memo or e-mail.Emails (Advantages)
E-mail is quick, easy and cheap, and allows you to send messages instantly to any number of people.Disadvantages
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1. Given: Sales, $51,000; variable expenses, $18,000; fixed expenses, $18,000; net income, $15,000. Assume no change in selling price; find net income if activity volume increases by 20%.
2. Given: Selling price per unit, $48; total fixed expenses; 106,000; variable expenses per unit; $36. Assume that variable expenses are reduced by 25% per unit, and the total fixed expenses are increased by 15%. Find the sales in units to achieve a profit of $23,000, assuming no change in selling price
The net income with a 20% increase in activity volume would be $18,000.
The sales in units needed to achieve a profit of $23,000 would be 2,900 units.
To calculate the net income with a 20% increase in activity volume, we need to first determine the new sales figure by adding 20% of the original sales ($51,000) to the original sales. This gives us $61,200. Then, we subtract the variable expenses ($18,000) and fixed expenses ($18,000) from the new sales figure to get the net income of $18,000.
To calculate the sales in units needed to achieve a profit of $23,000, we first need to determine the new total fixed expenses by adding 15% of the original fixed expenses ($106,000) to the original fixed expenses. This gives us $121,900.
Then, we need to calculate the reduced variable expenses per unit by subtracting 25% of the original variable expenses per unit ($36) from the original variable expenses per unit.
This gives us $27 per unit. Finally, we can divide the total fixed expenses plus the desired profit ($121,900 + $23,000) by the contribution margin per unit ($48 - $27) to get the sales in units needed, which is 2,900 units.
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According to the lesson, texas ranks _____ highest in the country for unemployment rate.
Answer:
The answer should be 9th
Explanation:
texas ranks 9th highest in the country for unemployment rate.
1 of 10
You should not use a credit card when
you want something now that you will never be able to afford
you have just started a new job
you need something now but can't pay for it yet
you have made a monthly budget
what is the definition of a bond's time to maturity? multiple choice question. it is the number of years the corporation is expected to be in existence it is the number of years until the bond is sold by the bondholder it is the number of years until the face value is due to be repaid. it the period of time that has elapsed since the bond was issued
A bond's time to maturity is the number of years until the face value is paid off.
What is the time to maturity?
The duration until a bond matures determines how long the owner will continue to receive interest payments on their investment. The principal is reimbursed when the bond matures. Depending on how long they will take to mature, bonds can be divided into three general categories: short-term (one to three years), intermediate-term (four to ten years), and long-term (ten to thirty years). In general, the bond's interest rate will be greater and its price on the secondary bond market will be less volatile the closer it approaches maturity.
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Careers emerging to improve environmental conditions include:
sanitary engineer
red physician
environmental geologist
green architect
Answer: The answer is green architect & environmental geologist.
Explanation:
Answer:
green architect and environmental geologist
Explanation:
Suppose there are only three people in the economy: jane, harry, and bob. the individual demand for corn for each of these consumers is given in exhibit 3-1. the total quantity demanded of corn if the market price is $5 is ____.
Answer:
$25
Explanation:
Please check the attached image for a diagram of exhibit 3-1
The total quantity demanded can be found by adding the sum of the quantity demanded at $5.
Jane doesn't demand at $5, so her quantity demanded is 0
For Henry it is 8
For Bob, it is 17
Total quantity demanded ia 25
I hope my answer helps you
In money terms, what was the opportunity cost of Shawn’s savings decision? What was the benefit? In the worksheet a tale of two savers
Shawn’s savings decision was the correct decision was the used in the crises of the benefit of it into the future. There was money save are the used in the future.
What is money?The exchange of commodities and services is referred to as "money." The currency is the country's currency. Different countries use various currencies. Money is typically represented by paper notes and coins. When compared to the batter system, money is more convenient.
According to the Shawn’s, are the main motive to the saving is the best decision. The saving in the bank are the best was the interest was the extra in the benefit. It was the saving the money to help in the crises. The money was not the overspending to used as per according to the needs.
As a result, the Shawn’s savings decision was the correct decision was the used in the crises of the benefit of it into the future. There was money save are the used in the future.
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Spending money on food is part of this expenditures approach for calculating the GDP.
consumer spending
sum of government spending
sum of all the country's businesses spending on capital
gross exports
gross imports
The consumer spending expenditure method used to calculate GDP includes spending on food.
The expenditure method is a way of figuring out gross domestic product (GDP) that includes net exports, government spending, investment, consumption, and investment. It is the most typical method of estimating Gross domestic product. It states that everything the government spends and all private sector spending, including consumer and business spending, must equal the total value of all finished goods and services produced over a specific time period. For calculating the Gross domestic product, the income approach can be contrasted with the expenditure approach for better results.
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Consumer spending money on food is part of the expenditures approach for calculating the GDP.
Consumer spending is the total money which is thus spent on final goods and services by households or individuals for their personal use and enjoyment in an economy. This also drives a significantly large part of U.S. GDP. As it makes one of the biggest determinants of economic health.
Consumption includes personal or consumer expenditures. In other words, this measures the dollar value of goods and services purchased by consumers. Thus, such items would include food, clothing, and transportation. Whereas, any new purchases by consumers can be counted as part of the GDP.
Hence, option A is corrcet.
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Mova Motors Inc. enters the Asian market and conducts a thorough analysis of the local marketing conditions such as the characteristics and buying situations of consumers. The company realizes that the buying behavior of the majority of middle-income families is similar. It divides the market into distinct groups based on the purchasing power of consumers and decides to pursue the middle-income families. In this scenario, the company is ______. Multiple choice question. distributing products through indirect channels diversifying its product line using a promotional push strategy focusing on a market segment
Answer:
r
Explanation:
A savings account that pays interest every 3 months is said to have a interest period. O A. monthly O B. quarterly O C. semiannual O D. daily
Answer:
probly A im not forsure
Explanation:
A savings account that pays interest every 3 months is said to have an interesting period quarterly. Thus the correct option is B.
What is a savings account?A fundamental kind of financial instrument that enables you to save your money and often earn a tiny bit of interest and utilize it at the time of Your emergency fund or savings for short-term goals is referred as a Savings account.
A savings account is considered to have semi-annual interest if interest is paid every six months. A quarterly fascinating period is said to exist in a savings account that pays interest every three months.
Similarly, A savings account that receives interest payments on a monthly basis is referred to as a monthly saving account, whereas a daily saving account receives interest payments on a daily basis.
Therefore, option B is appropriate.
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Outline TWO benefits of using the FIFO system for Mcdonald’s
There are several benefits for McDonald's by using FIFO methods. Here we will discuss some of them: better food hygiene, which gives more customers satisfaction; easier to reduce products near their end-date—resulting in more sales and less waste;
What is FIFO?
FIFO is a measuring tool for inventory valuation or management. In this, we have sold the goods which come first. This is called a FIFO, which is known as First In First Out.
Thus, McDonald's using the FIFO method gets such benefits as better food hygiene, which gives more customer satisfaction; easier to reduce products near their end-date – therefore more sales and less waste.
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Some Human Services are reimbursed through the client’s health insurance plan. Which profession in this cluster is most likely to be paid for by funds from an insurance account?
A. Hairstylist
B. Religious Leader
C. Sociological Researcher
D. Mental Health Counselor
Answer:
D
Explanation:
I took the test and got it right
This cluster is most likely to be paid for by funds from an insurance account is in the profession of Mental Health Counselor. The correct option is (D).
What do you mean by health insurance?Health insurance is a sort of insurance that pays for unexpected medical costs brought on by a disease.
These expenditures may be associated with the price of hospitalization, the price of medications, or the cost of medical visits.
Hospitalization expenses are covered by health insurance policies, and some even provide a daily hospitalization allowance.
But bear in mind that many health insurance policies include limitations and requirements that must be satisfied before such coverage is provided.
Therefore, this cluster is most likely to be paid for by funds from an insurance account is in the profession of Mental Health Counselor.
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it may make sense for the government to subsidize a domestic industry or to tax imports of a good if that good is:
It may make sense for the government to subsidize a domestic industry or to tax imports of a good if that good is deemed to be strategically important for the country's economy or national security.
Some reasons for a government to subsidize a domestic industry or to tax imports of a certain good are:
Protecting Strategic Industries: If a particular industry is deemed to be strategically important, such as the defense industry or critical infrastructure like telecommunications, the government may choose to subsidize it or tax imports of similar goods to protect it from foreign competition. This can help to ensure that the country has the necessary capabilities to meet national security needs or maintain critical infrastructure.Addressing Market Failure: In some cases, market failures can occur when the market fails to allocate resources efficiently, such as in the case of negative externalities like pollution or when a particular industry experiences significant economies of scale. In these cases, the government may choose to subsidize a domestic industry or tax imports to address these market failures and promote efficient resource allocation.However, it is important to note that government interventions like subsidies and taxes can have unintended consequences, such as distorting market signals and creating inefficiencies. Therefore, it is crucial for governments to carefully evaluate the costs and benefits of such interventions before implementing them.
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The Innovation and Planning Iteration provides which three elements?
Time to release, Continuous Integration, and planning
Time for innovation, planning, and buffer for additional work
Planning, estimating, and buffer for leftover work
Time for innovation, planning, and estimating guard band
The correct answer is: Time for innovation, planning, and buffer for additional work.
The Innovation and Planning Iteration provides time for innovation, planning, and a buffer for additional work in Agile software development.
How does the Innovation and Planning Iteration benefit Agile software development?The Innovation and Planning Iteration, also known as IP Iteration or IP Sprint, is a timeboxed period in Agile software development where teams focus on innovation, planning, and creating a buffer for additional work. It typically occurs at the beginning of a project or release cycle and allows teams to explore new ideas, perform research, and experiment with different approaches to solve complex problems.
During the IP Iteration, the team engages in activities such as brainstorming, prototyping, and exploring potential solutions to address customer needs. It is a time for creativity and innovation, enabling the team to generate new ideas and devise strategies to deliver value to the customer.
In addition to innovation and planning, the IP Iteration also includes the creation of a buffer for additional work. This buffer is meant to accommodate any unexpected or emergent tasks or requirements that may arise during the project. It helps the team manage uncertainties and adapt to changes as the project progresses, providing flexibility in the development process.
While continuous integration and estimating are important aspects of Agile development, they are not specifically associated with the Innovation and Planning Iteration. Continuous integration refers to the practice of frequently integrating code changes into a shared repository, enabling early detection of issues and promoting collaboration among team members.
Estimating, on the other hand, involves assessing the effort and resources required to complete tasks or deliverables, aiding in planning and decision-making. However, these elements are not exclusive to the IP Iteration and are typically carried out throughout the project lifecycle.
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What are some factors that would influence supply? Explain
Answer:
6 Factors Affecting the Supply of a Commodity (Individual Supply) |
Price of the given Commodity: ADVERTISEMENTS: ...
Prices of Other Goods: ...
Prices of Factors of Production (inputs): ...
State of Technology: ...
Government Policy (Taxation Policy): ...
Goals / Objectives of the firm:
Explanation:
Please mark as brain list
what kind of insurance policy supplies an income stream over a set period of time that starts when the insured dies
The type of insurance policy that supplies an income stream over a set period of time that starts when the insured dies is known as a Annuity .
An annuity is a insurance product that have contract between an individual and an insurance company in which the individual pays that supplies an income stream and a premium or a series of premiums, and in exchange, the insurance company agrees to make a series of periodic payments to the individual starting at a specified date. An annuity is a popular insurance product because it provides a guaranteed stream of income that can last for a specified period or a lifetime.
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Which step of the legislative process is missing?
with answers in screenshot
Mercenary Culture Definition
Mercenary culture is a type of organizational structure where the priority is given to the work over the social life of employees. In such a type of organizational structure the employees and subordinates think alike but are not friendly with each other.
A sort of organisational structure known as a mercenary culture is one in which employees' professional lives are prioritised over their social lives.
What is mercenary organizational culture?Strict objectives are prioritised in the mercenary culture. Goals should be achieved, and the work should be finished fast. Everyone concentrates on objectives and objectivity. On the down side, people who perform poorly could experience cruel treatment.The right method to conduct oneself inside an organisation is determined by its culture. In order to shape employee perceptions, behaviours, and understanding, leaders must first develop common beliefs and values that are then conveyed and reinforced using a variety of channels.Through similar values, customs, and expectations, culture binds members of one society together. The two primary categories of culture are nonmaterial culture, which refers to intangible items generated by a community, and material culture, which refers to tangible items produced by a society.To learn more about mercenary refer to:
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