Sammy has worked for a company with a retirement program, and today is retiring from her job with the amount of $268000 in her retirement account. She decides to withdrawal an equal amount from this account, once a year, beginning immediately, and ending 37 years from today (for a total of 38 payments). If the interest rate is 6.25%, solve for the dollar amount of these equal withdrawals such that she uses up the full accumulation.
Place your answer to the nearest dollar amount. Do not use a dollar sign or comma as part of your answer. For example, an answer of fifty thousand and thirty two dollars would be placed as 50032. Work answers out to at least 4 decimal points of accuracy.
Answers
The dollar amount of the equal withdrawals is $18146. Sammy can withdrawal this amount once a year for a total of 38 payments and use up the full accumulation of her retirement account.
Determine dollar amountTo solve for the dollar amount of the equal withdrawals, we need to use the formula for the present value of an annuity:
PV = PMT × [(1 - (1 + r)⁻ⁿ)/r]
Where:
- PV = present value of the annuity (in this case, the amount in the retirement account)
- PMT = payment amount (the amount of the equal withdrawals)
- r = interest rate
- n = number of payments
Plugging in the given values:
$268000 = PMT × [(1 - (1 + 0.0625)⁻³⁸)/0.0625]
Solving for PMT:
PMT = $268000 / [(1 - (1 + 0.0625)⁻³⁸)/0.0625]
PMT = $268000 / 14.7684
PMT = $18145.9887
Rounding to the nearest dollar amount:
PMT = $18146
Therefore, the dollar amount of the equal withdrawals is $18146. Sammy can withdrawal this amount once a year for a total of 38 payments and use up the full accumulation of her retirement account.
Learn more about annuity at
https://brainly.com/question/23554766
#SPJ11
Related Questions
9. Is it ever okay to argue or disagree with your boss? Why?
Answers
Yes, Is it ever okay to disagree with your boss in a case whereby the ethics of the organization is not followed.
What is ethics?As it investigates what is morally right or wrong, just or unjust, ethics looks at the intellectual justification for our moral judgements.
The study of ethics, often known as moral philosophy, "involves systematizing, defending, and endorsing conceptions of good and bad action," according to Wikipedia. Axiology is a subfield of philosophy that consists of the fields of ethics and aesthetics. These fields are concerned with issues of value.
Read more about Ethics
https://brainly.com/question/24606527
#SPJ1
In a statement of approximately 75 words explain why the economic systems in countries with dictatorships or closed systems of government tend to be less prosperous and do not have healthy economic policies or markets.
Answers
The economy in countries with dictatorships or similar governments is often less prosperous because these countries usually have closed economy systems and this limits the profit from trading, the materials for manufacture, among others.
Most countries with authoritative governments such as dictatorial ones support closed economy systems, this means:
The country does not trade with others.There are no exportations and importations.All the good citizens buy are produced within the borders of the country.These characteristics have been found to have mainly a negative effect because:
The country cannot obtain profits from trading with others.Manufacture and products are limited by those found inside the nation.Economic crises are difficult to overcome due to a lack of resources or support from other nations.Learn more in: https://brainly.com/question/23353220
Looking at how banks create money, tell me how student loans would be part of that process?
Answers
Answer:
see below
Explanation:
Banks create money through accepting deposits and issuing loans. The more deposit a bank accepts, the more loans it can issue, and the more money it creates. The banks are required to maintain a fraction of their deposits are reserves. It means that only a fraction of customer deposits are backed by physical currency at any given time.
When a student requests a loan, the bank does not issue physical cash. Instead, the loan amount is credited to the student's account. The moment the amount is credited, the bank has created money in the economy. Every loan advanced is money created. The loan has originated from a fraction of a deposit. Crediting an account with a loan amount does not require having hard currency. The balance in the account is electric money. Only a fraction of it( reserve ) is backed by hard currency.
Oil refining involves processing crude oil into several different products. It often starts with a fractional distillation column. Crude oil is heated and the different products are collected at different temperatures. For example, lubricating oil, used for motor oil, grease and other lubricants, boils at a temperature between 572 to 700°C. After this, chemical processes are used to remove impurities. A system of pipes is used to link all the different processes so that refining continues uninterrupted. Saudi Aramco is the largest oil corporation in the world and is involved in all stages of oil production. It manages over 100 oil and gas fields in Saudi Arabia. It employs over 65 000 people and is capable of refining around 2 million barrels per day. In 2015, the company was generating about US$1000 million of revenue per day.
1 What is meant by flow production? Use this case study as an example in your explanation.
2 Assess the advantages and disadvantages to Saudi Aramco of flow production. Make a clear judgement in your evaluation.
Answers
Flow production is a type of production system in which products are produced in a continuous, uninterrupted manner. This type of production is used in industries such as oil refining, where a steady flow of products is necessary to meet demands.
In the case of Saudi Aramco, flow production allows them to refine up to 2 million barrels of oil per day, which is essential to meet the demands of the global market.
What are the advantages and disadvantages of the production?The advantages of flow production for Saudi Aramco include increased efficiency, cost savings, and increased output. The continuous production process reduces the amount of time and energy needed to produce each product, allowing for greater efficiency. Additionally, the cost of production is reduced as the same equipment and materials can be used for multiple products. Lastly, the steady production process allows Saudi Aramco to produce more products to meet the demands of the global market.
The main disadvantage of flow production for Saudi Aramco is the potential for mistakes or breakdowns. As the production process is continuous, any mistake or breakdown can cause a disruption in the entire process. This can lead to significant delays in production and potentially large losses in revenue. Additionally, if the production process is not properly monitored, the quality of the products can suffer.
learn more about flow production: https://brainly.com/question/14289818
#SPJ1
Which of the following sector has seen the biggest change in its target market demographics?
O cruise line sector
O lodging sector
O car rental sector
O foodservice sector
Answers
Answer:
The correct answer is the cruise line sector.
Explanation:
However, the average age of cruise passengers in North America, as well as their income, has been dropping since the early 1970’s.
Last year, Jensen Consulting reported revenues of $34 million while its total expenses were $10 million. Based on this information, Jensen reported
Answers
Answer:
profits of $24 million
Explanation:
Vint and Gracie are married and will file a joint tax return. For 2020, their modified adjusted gross income was $110,000. Gracie has a bachelor's degree in journalism, but she wants to pursue a different line of work. She is currently attending a community college to earn her associate degree in nursing. She paid $3,000 for the fall semester. Vint is not a student. What amount can the couple claim for the lifetime learning credit
Answers
The amount that Vint and Gracie can claim for 2020 lifetime learning credit is D. $600.
Explanation:
Joint Modified Adjusted Gross Income for 2020 = $110,000
Tuition for the fall semester paid by Gracie = $3,000
Limit placed on lifetime learning credit = $2,000
Rate of lifetime learning credit = 20% of the first $10,000
Allowed lifetime learning credit = $600 ($3,000 x 20%)
Answer Options:
A. $0
B. $200
C. $400
D. $600
Thus, the amount that the couple can claim for 2020 lifetime learning credit is D. $600.
Learn more: https://brainly.com/question/14263483
recommend situations in which the laissez-faire leadership style can be applied in the workplace
Answers
Laissez-faire leadership can be applied in situations where employees are experienced, highly skilled, creative, self-motivated, and independent.
One situation where this style can be applied is when working with highly skilled and experienced employees who are capable of making their own decisions and managing their tasks effectively. In this scenario, the leader can take a step back and provide support and resources when needed, allowing the employees to take ownership of their work.
Another situation where laissez-faire leadership can be effective is when working with creative teams such as marketing or advertising. These teams thrive on innovation and need the freedom to explore ideas without being micromanaged. In this case, the leader can provide resources and support but allow the team to come up with their own solutions and ideas.
Additionally, this leadership style can be useful when working with self-motivated and independent individuals who prefer to work autonomously. In such cases, the leader can provide a framework for goals and objectives and let the employees manage their work independently.
However, it's essential to note that this leadership style should be used cautiously as it can result in confusion, lack of direction, and low productivity if not implemented correctly.This leadership style involves minimal interference or guidance from the leader, with the focus being on allowing employees to make decisions and take charge of their work.
For more such questions on leadership
https://brainly.com/question/25996547
#SPJ11
A monopolist finds that a person’s demand for its product depends on the person’s age. The inverse demand function of someone of age y can be written p = A(y) − q, where A(y) is an increasing function of y. The product cannot be resold from one buyer to another and the monopolist knows the ages of its consumers. If the monopolist maximizes its profits:____.
Answers
Explanation:
A manufacturer of computer memory chips produces chips in lots of 1000. If nothing has gone wrong in the manufacturing process, at most 7 chips each lot would be defective, but if something does go wrong, there could be far more defective chips. If something goes wrong with a given lot, they discard the entire lot. It would be prohibitively expensive to test every chip in every lot, so they want to make the decision of whether or not to discard a given lot on the basis of the number of defective chips in a simple random sample. They decide they can afford to test 100 chips from each lot. You are hired as their statistician.
There is a tradeoff between the cost of eroneously discarding a good lot, and the cost of warranty claims if a bad lot is sold. The next few problems refer to this scenario.
Problem 8. (Continues previous problem.) A type I error occurs if (Q12)
Problem 9. (Continues previous problem.) A type II error occurs if (Q13)
Problem 10. (Continues previous problem.) Under the null hypothesis, the number of defective chips in a simple random sample of size 100 has a (Q14) distribution, with parameters (Q15)
Problem 11. (Continues previous problem.) To have a chance of at most 2% of discarding a lot given that the lot is good, the test should reject if the number of defectives in the sample of size 100 is greater than or equal to (Q16)
Problem 12. (Continues previous problem.) In that case, the chance of rejecting the lot if it really has 50 defective chips is (Q17)
Problem 13. (Continues previous problem.) In the long run, the fraction of lots with 7 defectives that will get discarded erroneously by this test is (Q18)
Problem 14. (Continues previous problem.) The smallest number of defectives in the lot for which this test has at least a 98% chance of correctly detecting that the lot was bad is (Q19)
(Continues previous problem.) Suppose that whether or not a lot is good is random, that the long-run fraction of lots that are good is 95%, and that whether each lot is good is independent of whether any other lot or lots are good. Assume that the sample drawn from a lot is independent of whether the lot is good or bad. To simplify the problem even more, assume that good lots contain exactly 7 defective chips, and that bad lots contain exactly 50 defective chips.
Problem 15. (Continues previous problem.) The number of lots the manufacturer has to produce to get one good lot that is not rejected by the test has a (Q20) distribution, with parameters (Q21)
Problem 16. (Continues previous problem.) The expected number of lots the manufacturer must make to get one good lot that is not rejected by the test is (Q22)
Problem 17. (Continues previous problem.) With this test and this mix of good and bad lots, among the lots that pass the test, the long-run fraction of lots that are actually bad is (Q23)
Lisa Carson has the opportunity to receive $12,000 now or $15,000 in four years. If Lisa can earn 6 percent on her investments, what is the present value of the $15,000 payment?
Answers
Answer:
$11881.4
Explanation:
Given :
Future value, FV = $15,000
Interest rate, r = 6%
Period, n = 4 years
Using the Present Value formula :
PV = FV(1 ÷ (1 + r)^n)
15000(1 ÷ (1 + r)^n)
15000(1 ÷ (1 + 0.06)^4)
15000(1 ÷ 1.06^4)
15000(1 ÷ 1.26247696)
15000(0.7920936)
= $11,881.4
You receive a $15,000 signing bonus from your new employer and decide to invest it for 2 years. Your banker suggests two alternatives, which both require a commitment for the full 2 years. The first alternative will earn 8% per year for both years. The second alternative earns 6% for the first year and 10% for the second year. Interest compounds annually. Which would you choose? Justify your choice by the calculations.
Answers
Answer:
8% plus 8%
Explanation:
8% plus 8% will yield 16.64% total and the 6% and 10% yields 16.60% total
if i asked a question and two people had to split the points. and i gave the question 60 points. how many points would each person get
Answers
Answer:
30 points
Explanation:
If the question is worth 60 points, split between 2 people, it's 30.
1. Discuss the various system for internal administration for financial organisation.
Answers
Financial organizations implement various internal administration systems like AIS, ERP, budgeting systems, TMS, risk management systems, and DMS to enhance efficiency, accuracy, and control over financial operations.
Financial organizations implement various systems for internal administration to streamline their operations and ensure effective financial management. Here are some key systems commonly utilized:
Accounting Information System (AIS): AIS is a comprehensive software system that enables financial organizations to record, process, and report financial transactions. It helps automate tasks such as general ledger management, accounts payable/receivable, financial reporting, and budgeting.
Enterprise Resource Planning (ERP) System: ERP systems integrate various departments and functions within a financial organization, including finance, human resources, procurement, and customer relationship management. By consolidating data and workflows, ERP enhances efficiency, collaboration, and data accuracy.
Budgeting and Financial Planning System: This system assists in creating and managing budgets, financial forecasts, and strategic planning. It enables organizations to allocate resources, track expenses, monitor performance, and make informed financial decisions.
Treasury Management System (TMS): TMS focuses on optimizing cash and liquidity management, risk management, and investment strategies. It facilitates efficient cash flow management, bank reconciliation, debt management, and compliance with regulatory requirements.
Risk Management System: Financial organizations employ risk management systems to identify, assess, and mitigate various types of risks, such as credit risk, market risk, operational risk, and regulatory compliance.
These systems enable organizations to implement risk mitigation strategies, monitor risk exposures, and maintain regulatory compliance.
Document Management System (DMS): DMS centralizes the storage and retrieval of financial documents, such as contracts, invoices, and financial reports. It ensures document security, version control, and easy access, facilitating efficient document management and audit trails.
For more such question on management. visit :
https://brainly.com/question/1276995
#SPJ8
Inventory records for Marvin Company revealed the following:
Date Transaction Number
of Units Unit
Cost
Mar. 1 Beginning inventory 990 $7.25
Mar. 10 Purchase 570 7.73
Mar. 16 Purchase 710 8.20
Mar. 23 Purchase 520 8.60
Marvin sold 1,900 units of inventory during the month. Cost of goods sold assuming FIFO would be
Answers
Partners X, Y and Z have capital balances of $80, 000, $180,000 and $60,000 respectively. Immediately prior to liquidation. Total remaining assets have a book value of $320,000 and assume liabilities have been paid. There is one remaining asset with a fair market value of $70,000. All three partners agree to share profit and loss equally. Z wishes to take the asset with him and start a new business and would accept $70,000 in cash; the remaining partners agree this would be fair. How much cash in addition to the asset would first be distributed to Z before any of the other partners receive anything? a. $100,000 b. $240,000 c. $30,000 d. $50,000
Answers
The cash distributed to Partner Z before the other partners is $60,000.
Data and Calculations:
Book value of assets = $320,000
Fair value of asset = $70,000
X Y Z Total
Capital balances $80,000 $180,000 $60,000 $320,000
Total assets available for distribution $390,000
Assets assumed by Z ($70,000) ($70,000)
Balance $320,000
Distribution to partners $80,000 $180,00 $60,000 $320,000
Cash distribution to partners depends on the cash realized from the assets.
Thus, the cash distributed to Partner Z before the other partners is $60,000.
Learn more about cash distributions to partners upon a partnership liquidation here: https://brainly.com/question/22693552
For each of the following examples, explain whether it is a case of external or internal economies of scale:
a. A number of firms doing contract research for the drug industry are concentrated
in southeastern South Carolina.
b. All Hondas produced in the United States come from plants in Ohio, Indiana,
or Alabama.
MyEconLab194 PART ONE ■ International Trade Theory
c. All airframes for Airbus, Europe’s only producer of large aircraft, are assembled in Toulouse, France.
d. Cranbury, New Jersey, is the artificial flavor capital of the United States.
Answers
Whether it is a case of external or internal economies of scale:
A. A number of firms doing contract research for the drug industry are concentrated
Larger changes within the industry lead to external economies of scale, so as the industry expands, the average cost of doing business decreases.
when external economies of scale exist?
External economies of scale take place when an industry as a whole expands and businesses profit from lower long-term average costs. External economies of scale are also known as advantageous external outcomes of industrial development.
An external economy of scale is shared by competitors, internal economies of scale provide larger competitive advantages.
To learn more about external economies refer to:
https://brainly.com/question/20354469
#SPJ9
Team __________ occurs when individuals and departments rely on other individuals and departments for information or resources to accomplish their work.
Answers
Answer:
Team interdependence
A job application is a(n)
-temporary
- legal
-permanent
-electronic
Answers
A job application is a legal document. Thus, option B is correct.
A legal document is one that, by definition, outlines an agreement between two or more parties, has been signed by mutual consent, and can be relied on in court in all other respects. However, there are many other types of documents that people will refer to as legal. A contract, will, deed, trust, and business arrangement are all examples.
A legal document functions by outlining the legal terms and conditions of an arrangement detailed in the document. However, in order for that legal document to be legally enforceable, it must also adhere to the elements that make it so. That is mutual assent, offer and acceptance, consideration, legality, and capacity.
Learn more about legal document
https://brainly.com/question/27563671
Full question:-
A job application is a(n) document.
A. temporary
B. legal
C. permanent
D. electronic
The Ridgeview neighborhood has a not-for-profit homeowners association (HOA) that maintains a pool and playground as well as pays for maintenance of land in the neighborhood that is not individually owned. Which of the following activity indexes might the Ridgeview neighborhood association use when developing their budget? O square footage of land in the neighborhood O number of employed individuals in the HOA O number of occupied houses in the HOA O number of individuals living in the neighborhood, including children
Answers
The following activity indexes might the Ridgeview neighborhood association use when developing their budget will be number of individuals living in the neighborhood including children.
The correct option is D
A homeowner association, also known as a homeowner community, is a type of private association that is frequently established either ipso jure in a building with multiple owner-occupancies or by a real estate developer for the purpose of marketing, managing, and selling houses and lots in a residential subdivision.Homeowners associations are intended to manage common or shared land, safeguard owners' property values, offer services to residents, and foster a feeling of community through social events and amenities, according to Community Association Living (a magazine by CAI).To know more about Homeowners here
https://brainly.com/question/2758190
#SPJ4
(214) 1. Distinguish between technical efficiency and allocative efficiency. Use the two concepts of efficiency to compare a perfect market structure with a monopoly.
Answers
Technical efficiency refers to the ability to produce the maximum output from a given set of inputs or resources. It focuses on the production process and achieving the highest output level with the least amount of resources wasted. Technical efficiency emphasizes optimizing the production process to minimize costs and maximize productivity.
Allocative efficiency, on the other hand, relates to the allocation of resources in a way that maximizes overall social welfare. It refers to the ideal allocation of resources that matches consumers' preferences and demands. Allocative efficiency ensures that resources are allocated so that goods and services align with consumer preferences. This results in the best outcome for society.
When comparing an ideal market structure with a monopoly in terms of efficiency, there are significant differences. In an ideal market structure, characterized by complete competition, both technical and allocative efficiency is typically achieved. Many buyers and sellers exist, information is freely available, and no single entity controls the market. Competition drives firms to produce at the lowest cost and offer goods and services that match consumer preferences, leading to technical and economic efficiency.
In contrast, a monopoly represents a market structure where a single firm dominates the industry and has substantial market power. In terms of technical efficiency, a monopoly may not necessarily achieve the same level as a perfectly competitive market. Due to the lack of competition, a monopoly may not have the same incentive to minimize costs or innovate as efficiently as possible. This can result in higher production costs and lower technical efficiency.
Regarding allocation efficiency, monopolies often fail. Without competition, a monopolistic firm can set prices higher than the marginal cost of production, resulting in a suboptimal allocation of resources. The monopolist may prioritize maximizing profits rather than satisfying consumer preferences. This leads to a less efficient allocation of resources than in a perfectly competitive market.
Overall, an ideal market structure exhibits higher levels of technical and allocative efficiency than a monopoly. When true competition promotes resource optimization and consumer satisfaction, resulting in more efficient resource allocation.
Two kinds of type style include ________ and ________.
Answers
Two kind of type style( typeface ) include serif and sans serif
Serifs determines the small features at the end of strokes within the letters. The printing industry means to typeface without serifs and sans serif
Typeface :
A typeface is that the design of lettering that can include variations in size, weight (e.g. bold), slope (e.g. italic), width (e.g. condensed), and so on. Each of those variations of the typeface is a font. There are thousands of various typefaces in existence, with new ones being developed constantly.
Serif typeface :Typefaces with serifs are also considered to be easier to read in long passages than those without. Studies on the term are ambiguous, suggesting that the majority of this effect is due to the greater familiarity of serif typefaces.
Sans serif typeface :
Sans serif typefaces are taken more modern than serif typefaces. They lack the strokes that differentiate a serif typeface, hence the utilization of the French word "sans," which suggests “without.” Helvetica typefaces are also used to signify something clean, minimal, friendly, or modern.
Learn more about typeface :
brainly.com/question/1991747
#SPJ9
Suppose a monopolist produces in a market with two distinct segments: market 1, which is denoted as M1 on the graph, and market 2, denoted as M2. The firm's marginal and average costs are $20.
Answers
A monopolist is an individual, gathering, or organization that controls each of the business sectors for a specific decent or administration. The profit in market 1 is $1,600, The profit in market 2 is $450 and Demand is more elastic in market 2
(A) Profit = Total revenue - total cost = P*Q - MC*Q = (P-MC)*Q
Profit in market 1
P1 = $60, Q1 = 40, and MC = $20
So, Profit in market 1 = (60-20)*40 = 40*40 = $1,600
(B) Profit in market 2
P2 = $35, Q2 = 30, and MC = $20
So, Profit in market 2 = (35-20)*30 = 15*30 = $450
(C) Demand is more elastic in market 2 as a monopolist charges a lower price in the more elastic market so as P2 < P1 then market 2 is more elastic.
Learn more about monopolist:
https://brainly.com/question/29763908
#SPJ1
This question is not complete, Here I am attaching the complete question: also, attaching the diagram
Suppose a monopolist produces in a market with two distinct segments: market 1, which is denoted as M1 on the graph, and market 2, denoted as M2. The firm's marginal and average costs are $20.
(A) What is the profit of market 1?
(B) What is the profit of market 2?
(C) In which market is demand more elastic?
Who was given the nickname 'Master of Hotel Finance ? Conrad Hilton
Bill Kimpton
Cezar Ritz
JW Marriott Jr.
Answers
Answer:
JW Marriott JR
am not sure hope this will help
Answer:
Conrad Hilton
Explanation:
The biggest hotel man in the world; NY Times described as "master of hotel finance". He formed the first major chain of American hotels in 1954.
Write a list of at least 3 things that Eric has done right before applying for a loan.
Answers
Answer:
A. Three important Items to double check before submitting a loan application to underwriting.
• Completeness of data : One has to be sure that all important details are captured hence none is left out. It means that there are no missing information on the application.
• Calculations performed accurately: This means that calculations such as borrower's income, qualifying ratios are calculated accurately and also double checked for the purpose of the loan underwriting.
• Documentations required by the loan programme. All Documentations required by the loan programme must be double checked before submitting a loan application to underwriting.
B. List at least two things you would be sure to tell a borrower in preparation for closing
• I will seek clarity in terms of the money borrower would be bringing to the closing table.
• The date,time,venue of closing are essential for the closing hence will be communicated to the borrower. Also, there are no right or wrong answers that may be asked or given by the borrower during the closing.
C. List at least three calculations that are typically used during the course of mortgage loan transaction.
• Income calculation
• Front end and back end ratio (DTI ratio)
• Monthly payment.
Explanation:
The three things that Eric has done before making a loan application are as follows:
Careful examination of loan applicationCommunication to the borrowing party regarding the closing of the loanComputations related to the loan transactionWhat is a loan?A loan is an amount given to the borrowing party at an interest rate that can be annual, monthly, or quarterly basis by the lender.
Eric should make sure the three following things:
He should carefully read the loan agreement and its causes before accepting it by signing the document. He must ensure that the data is accurate and the calculations are correct in themselves.He should communicate with the borrower about the closing time period in advance so that no delay could happen.He computes the monthly installment to be paid by the borrower on the basis of his income and debt-income ratio.Therefore, the three things which Eric should check have been explained above.
Learn more about the loan in the related link:
https://brainly.com/question/8347317
#SPJ2
One reason why firms might want to pursue a strategic alliance strategy is to exploit
economies of scale. Exploiting economies of scale should reduce firm’s costs. Does this
mean that a firm pursuing an alliance strategy to exploit economies of scale is actually
pursuing a cost leadership strategy? Why or why not? Support your answer
Answers
So, a strategic alliance may benefit the combined group in two ways: one, it will enable them to target larger clients without facing significant rivalry
Economies of scale, which are commonly assessed by the quantity of product provided per unit of time, seem to be the cost savings that businesses gain as a result of the significant scale of the economy.
In order to lower manufacturing costs, economies of scale is the method of producing any good at a very high volume. Strategic alliances allow two businesses to more effectively merge their operations.
It will enable them to lower costs through economies of scale. Additional benefits of economies of scale include lower prices for goods or cost focus in the marketplace.
Learn more about economies of scale, Here:
https://brainly.com/question/15605103
#SPJ1
1. Should we have a Balanced Budget amendment? Are you for or against an amendment and why? Please discuss the consequences in your answer and provide data to support your position.
2. Should we go back to the Gold standard? Why or why not?
3. How does fiscal policy play a role in deficit building?
Answers
A balanced budget amendment would require the government to spend only what it takes in through revenue. Supporters argue that it would force the government to prioritize spending and reduce the national debt. However, opponents argue that it could lead to spending cuts on important programs such as Social Security, Medicare, and education.
The consequences of a balanced budget amendment could also vary depending on economic conditions. During a recession, the government may need to increase spending to stimulate the economy, which would be difficult with a balanced budget requirement.
Fiscal policy, which involves government spending and taxation, can play a significant role in deficit building. When the government spends more than it takes in through revenue, it results in a budget deficit. Fiscal policies that involve tax cuts or increased spending can contribute to deficits.
For example, if the government reduces taxes without reducing spending, it could lead to a budget deficit. Similarly, if the government increases spending without increasing revenue, it could also contribute to a deficit. Therefore, it is crucial for policymakers to consider the impact of fiscal policies on the budget deficit and make decisions that prioritize fiscal responsibility.
To know more about balanced budget pls visit:
https://brainly.com/question/31421016
#SPJ11
Partly as a response to concerns expressed by environmentally conscious consumers, Unilever has introduced its “sustainable Living Brands” of “greener” products. Through product development, sourcing through a sustainability lens and manufacturing efficiencies, opportunities for innovation have opened up for Unilever.
The ‘greener’ product is an example of Unilever’s corporate level strategy for _______ growth.
Select one:
a.
internal
b.
external
c.
responsive
d.
innovative
Answers
The ‘greener’ product is an example of Unilever’s corporate-level strategy for innovative growth. Thus, option D is correct.
Unilever has launched its "sustainable Living Brands" of "greener" products, in part in response to concerns voiced by environmentally aware consumers.
Prospects for innovation have arisen for Unilever through product creation, sustainable sourcing, and production efficiency. The 'greener' product is an illustration of Unilever's corporate-level approach to creative expansion. Therefore, it can be concluded that option D is correct.
Learn more about innovation here:
https://brainly.com/question/30929075
#SPJ1
a. Balance sheet accounts are arranged into ______ general categories. b. Common Stock and Dividends are examples of ______ accounts. c. Accounts Payable and Note Payable are examples of ______ accounts. d. Accounts Receivable, Prepaid Accounts, Supplies, and Land are examples of ______ accounts. e. A(n) ______ is a record of increases and decreases in a specific asset, liability, equity, revenue, or expense item.
Answers
Answer:
a. Three (3).
b. Equity.
c. Liability.
d. Asset.
e. Account.
Explanation:
a. Balance sheet accounts are arranged into three general categories. These are asset, liability and equity.
b. Common Stock and Dividends are examples of equity accounts.
c. Accounts Payable and Note Payable are examples of liability accounts.
d. Accounts Receivable, Prepaid Accounts, Supplies, and Land are examples of asset accounts.
e. An account is a record of increases and decreases in a specific asset, liability, equity, revenue, or expense item.
a. Balance sheet accounts are arranged into three general categories. b. Common Stock and Dividends are examples of equity accounts. c. Accounts Payable and Note Payable are examples of liability accounts.
An account is a record of the financial transactions. It shows a category or item that keeps the financial transactions and balances related to a particular asset, liability, equity, revenue, or expense. Accounts are mostly classified into three main categories (assets, liabilities, and equity) on a balance sheet.
d. Accounts Receivable, Prepaid Accounts, Supplies, and Land are examples of asset accounts. e. An account is a record of increases and decreases in a specific asset, liability, equity, revenue, or expense item.
Learn more about account here:
https://brainly.com/question/28390332
#SPJ6
please help its due in 2 hours time will give all my points
"Explain how the development of money over time has helped to improve the way in which monetary transactions are conducted" 6 MARK QUESTION
Answers
Explanation:
First money ever made was just coins and it differed in worth compared to today. In the present, money is not only a physical object but it also an imaginary value on our bank accounts and cards. Having in mind that monetary transactions are all-in-all deposits, withdrawals and exchanges, its way easier to conduct those with not having to give and recieve money in physical form, but being, able to do it all while just transfering the numbers from one to another account. Bankers have less responsibility due to not having to stock all the money in safes and secure boxes, but just checking if all the numbers are adding up. So, shall we say, the development of money over time has improved the way in which monetary transactions are conducted because this way, it's safer, faster and much more trustworthy.
Need help on these please
Answers
Sales tax and VAT are both examples of indirect taxes, which are levied by the seller at the time of sale and paid or sent to the government on the buyer's behalf. Thus option (B) is correct.
What is government?The term government refers that the system which was governed by a state or a country in it, we see there are different governments are being there in states the government is made by the people and govern for the people also in it. There is a system being made and under the system, the government is being run.
A consumption tax that charges consumers for their purchases. Because sales taxes are typically passed on to customers at the moment of sale, it is classified as a consumption tax. A sales tax is an example of an indirect tax, meaning it is not paid to the government directly like an income tax is.
Therefore, Thus option (B) is correct.
Learn more about the government here:
brainly.com/question/16940043
#SPJ1