Answers
A situation where the nominal GDP and the output of the economy has been equals for 2 consecutive years is only possible if the annual inflation rate is 0% (zero percent).
Nominal Gross Domestic Product or Nominal GDP differs from real GDP because nominal GDP does no include the change in prices caused by inflation. Nominal GDP defines the economic production based on the current price of products in its calculation.
Nominal GDP can be calculated using expenditure approach or GDP deflator approach.
Expenditure approach calcuates nominal GDP based on the amount of consumer spending, investment level, government spending and net export. Expenditure approach can be formulated as:
GDP = C + I + G + (X - I )
where:
C = consumer spending
I = investment level
G = government spending
(X - I) = Net export; the gaps between exports and imports
GDP deflator approach will calculate nominal GDP using real GDP data and GDP deflator. Nominal GDP can be calculated using formula:
Nominal GDP = Real GDP x GDP Deflator
GDP deflator represents the change in price over time or inflation/deflation.
When the nominal GDP and the economic output remains for 2 consecutive years, it shows that both Nominal GDP and real GDP remains the same. This situation only happen if the GDP deflator remains within those 2 years, which indicates that no inflation has taken place or inflation rate is 0%.
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Complete Question:
A researcher finds that for an economy, the nominal GD in the year 2012 equals the nominal GDP in the year 2013. He also finds that the output of the economy has been the same over the two years. A situation like this is only possible if _____
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6
Select the correct answer from each drop-down menu.
Identify the interpersonal skills demonstrated in this scenario.
Belinda gets along well with her coworkers and managers because she doesn't judge people, even when she disagrees with them. She is
demonstrating the skill of
Harold is always in demand because he takes time to help others when they are struggling to complete a task. He is demonstrating the skill of
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Answer:xz
Explanation:xx
Answer:
Explanation:
Select the correct answer from each drop-down menu.
Identify the interpersonal skills demonstrated in this scenario.
Belinda gets along well with her coworkers and managers because she doesn’t judge people, even when she disagrees with them. She is demonstrating the skill of
respect for diversity
.
Harold is always in demand because he takes time to help others when they are struggling to complete a task. He is demonstrating the skill of
social sensitivity
.
Which of the following would cause the supply of fast food to increase?
Reduction in the cost of beef
The closing of McDonalds Corp.
Increase in the minimum wage rate
An excise tax of each meal produced
Answers
Answer:
Reduction in the cost of beef
Courtney Meehan has trouble keeping her debits and credits equal. During a recent month, Courtney made the following accounting errors:
a. In preparing the trial balance, Courtney omitted a $5,000 Notes Payable. The debit to Cash was correct
b. Courtney posted a $11000 Utilities Expense as $100. The credit to Cash was correct.
c. In recording a $600 payment on account, Courtney debited Furniture instead of Accounts Payable-
d. In journalizing a receipt of cash for service revenue, Courtney debited Cash for $50 instead of the correct amount of $500. The credit was correct.
e. Courtney recorded a $210 purchase of office supplies on account by debiting Office Supplies for $120 and crediting Accounts Payable for $120.
Required:
a. For each of these errors, state whether total debits equal total credits on the trial balance.
b. Identify each account that has an incorrect balance and the amount and direction of the error.
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Answer:
a. In preparing the trial balance, Courtney omitted a $5,000 Notes Payable. The debit to Cash was correct
Liabilities (credit balance) are understated by $5,000 ⇒ TOTAL DEBITS DO NOT EQUAL TOTAL CREDITSb. Courtney posted a $11000 Utilities Expense as $100. The credit to Cash was correct.
Expenses (debit balance) are understated by $10,900 ⇒ TOTAL DEBITS DO NOT EQUAL TOTAL CREDITSc. In recording a $600 payment on account, Courtney debited Furniture instead of Accounts Payable-
Assets (debit balance) are understated by $600 and liabilities (credit balance) are overstated by $600. ⇒ TOTAL DEBITS DO NOT EQUAL TOTAL CREDITSd. In journalizing a receipt of cash for service revenue, Courtney debited Cash for $50 instead of the correct amount of $500. The credit was correct.
Assets (debit balance) are understated by $450 ⇒ TOTAL DEBITS DO NOT EQUAL TOTAL CREDITSe. Courtney recorded a $210 purchase of office supplies on account by debiting Office Supplies for $120 and crediting Accounts Payable for $120.
both assets (debit balance) and liabilities (credit balance) are understated by $90. ⇒ TOTAL DEBITS EQUAL TOTAL CREDITSJournalize the following, assuming a 360-day year is used for interest calculations: Apr. 30 Issued a $108,000, 30-day, 6% note dated April 30 to Misner Co. on account. May 30 Paid Misner Co. the amount owed on the note dated April 30. If an amount box does not require an entry, leave it blank. When required, round your answers to the nearest dollar.
Answers
Answer and Explanation:
The journal entries are shown below:
a. Account payable Dr $108,000
To note payable $108,000
(Being the issuance of the note is recorded)
b. Note payable Dr $108,000
Interest expense Dr $540 ($108,000 × 30 days ÷ 360 days × 6%)
To cash $108,540
(being the note payable and the interest expense is recorded)
You manage an equity fund with an expected risk premium of 10% and an expected standard deviation of 15%. The rate on Treasury bills (risk-free rate) is 5%. Your client chooses to invest $60,000 of her portfolio in your equity fund and $40,000 in a T-bill money market fund.
Required:
What is the expected return and standard deviation of return on your client's portfolio?
Answers
Answer:
Portfolio expected return = 8%
Portfolio SD = 9%
Explanation:
Portfolio return is a function of the weighted average return of each stock or asset invested in the portfolio. The mean return on portfolio can be calculated using the following formula,
Portfolio return = wA * rA + wB * rB + wN * rN
Where,
w represents the weight of each stock or asset in the portfolior represents the return of each stock or asset in the portfolioTotal investment in portfolio = 60000 + 40000 = 100000
Portfolio return = 60000/100000 * 10% + 40000/100000 * 5%
Portfolio return = 8%
The standard deviation of a portfolio containing one risky and one risk-free asset is calculated by multiplying the standard deviation of the risky asset by its weight in the portfolio. So, portfolio standard deviation will be,
Portfolio SD = 60000/100000 * 15%
Portfolio SD = 9%
1.1 W (5 marks) Calculate the economic order quantity (EOQ) per annum. Economic order quantity Startrek Secondary School purchases 700 math's sets per annum. The cost of each math set is R80. Each set is sold for R100. The cost of placing a single order is R45. The holding cost is 11% of the unit purchase price.
Answers
Based on the math sets purchased by Startrek Secondary School as well as its various costs, the Economic Order Quantity is 84.61 sets.
What is the Economic Order Quantity?This can be found as:
= √(2 x Annual math sets needed x Ordering cost per unit/ Carrying cost
Carrying cost is:
= 80 x 11%
= R8.80
The EOQ is therefore:
= √(2 x 700 x 48 / 8.8
= 84.61 math sets
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A major purpose of a cost accounting system is to _____
Answers
Answer:
Explanation:
The main objective of cost accounting are ascertainment of cost, fixation of selling price, proper recording and presentation of cost data to management for measuring efficiency and for cost control and cost reduction, ascertaining the profit of each activity, assisting management in decision making process.
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Troglodyte University uses activity-based costing to assign indirect costs to academic departments, using three activities. The activity base, budgeted activity cost, and estimated activity-base usage for each activity are identified as follows: Activity Activity Base Budgeted Activity Cost Activity-Base Usage Facilities Square feet $800,000 80,000 square feet Instruction Number of course sections 1,200,000 600 sections Student services Number of students 290,000 2,500 students The activity-base usage associated with the Archaeology and Geology departments is as follows: Department Facilities Instruction Student Services Archaeology 8,000 square feet 8 sections 150 students Geology 5,200 square feet 15 sections 200 students a. Determine the activity rate for each activity. Activity Activity Rate Facilities $ per sq. ft. Instruction $ per section Student services $ per student b. Determine the total activity cost for the Archaeology Department. Total activity cost $
Answers
Answer:
USD 113 400 total
Explanation
I)
Rate of Activity:
actRate = actBudget/actBase
instruction = USD 1 200 000/600 Sections .= USD 2000/section
facilites = USD 800000/80000 Sq.Ft = USD 10/sq.ft)
student services = USD 290 000/2500 Students = USD 116/student
II)
Total = student services (150 students x USD 116/student) + Instruction (8 sections x USD 2000/section) + Facilities (8000SqFt x USD 10/sq.ft) +=
80 000 + 16 000 + 17 400 = USD 113 400
Why is this case an example of trademark violation?
Answers
Answer:
Say for example i make a Yt video and add in a song that has a trademark if i dont pay for the songs trademark to be able to use it the can report me it would be a violation
Explanation:
Answer: A
Explanation:
Payless made sneakers with a pattern that is similar to the Adidas logo.
Melissa is an insurance agent who wants to sell a new insurance policy specially designed for business professionals. Which promotional strategy should she use to promote her product effectively?
A. telemarketing
B. personal selling
C. radio advertisement
D. sales promotion
Answers
Answer: The most effective promotional strategy for Melissa to use in this situation would likely be "B. personal selling."
Explanation: Personal selling involves building a relationship with potential customers and presenting the benefits of a product or service in a face-to-face setting. This is often the most effective way to sell complex or specialized products, such as insurance policies, because it allows Melissa to tailor her pitch to the specific needs and concerns of the business professionals she is targeting.
Telemarketing, radio advertisement, and sales promotion are all different types of promotional strategies that might be less effective in this situation. Telemarketing involves making sales pitches over the phone, which may not be as effective for a complex product like an insurance policy. Radio advertisement and sales promotion are more suitable for mass-market products or for creating awareness about a product, but may not be as effective for persuading business professionals to purchase a specialized insurance policy.
Answer:
i think it b
Explanation:
The US Senate overwhelmingly passed the 2022 Defense Authorization Act. The $768 billion "Defense Authorization Act" not only exceeds the defense spending proposed by the Biden administration by $25 billion, but also increases the US defense budget by about 5% compared to last year.
Answers
The US Senate passed the 2022 Defense Authorization Act, a $768 billion bill that surpasses the Biden administration's defense spending proposal by $25 billion and represents a 5% increase in the US defense budget compared to the previous year.
1. The US Senate passed the 2022 Defense Authorization Act.
2. The Defense Authorization Act is a bill that determines the budget and expenditures for the US defense sector.
3. The total amount allocated for the Defense Authorization Act is $768 billion.
4. The defense spending proposed by the Biden administration was exceeded by $25 billion in this Act.
5. The Act represents a 5% increase in the US defense budget when compared to the previous year.
6. This increase in the defense budget indicates a commitment to strengthening the country's defense capabilities.
7. The Act was passed overwhelmingly, indicating strong support from the Senate.
8. The Defense Authorization Act is an essential piece of legislation that ensures the funding and resources necessary for the US military to carry out its operations effectively.
9. The Act covers various aspects of defense spending, including military personnel, equipment, research and development, and strategic initiatives.
10. By passing the Defense Authorization Act, the US Senate has demonstrated its commitment to national security and defense preparedness.
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client is using the Sales on Account workflow. Instead of receiving a payment against the invoice, they add a new deposit categorized to an income account.
Answers
Answer:two answers. Their accounts receivable balance will not be accurate. And the income account will show duplicate income.
Explanation:
What is a benefit for working in the modern manufacturing industry?
Answers
You get to make all the newest things
A benefit of working in the modern manufacturing industry is Competitive salaries. Thus the correct option is A.
What is the industry?The industry refers to the economic area or place where the manufacturing of goods will be done with the help of raw materials and machines as equipment and assemble the goods for distribution in the market.
An increasing number of individuals believe that domestic manufacturing is crucial to the economy. Because it contributes significantly to the US economy, millions of Individuals benefit from the stability it brings to their employment.
More workers will be asked to join in and assist as production demands rise and domestic manufacturing is valued more seriously. Current employees can anticipate career advancement at the same time.
Therefore, option A is appropriate.
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The complete question is Probably
What is a benefit for working in the modern manufacturing industry?
a
Competitive salaries
b
No skills needed for entry-level positions
c
Simple technology that is easy to use
d
Repetitive responsibilities
1.Why is knowledge of consumer behavior important to the marketer?
Answers
The knowledge of consumer behavior is extremely important to the marketer in order to provide the customers with best possible products and earning profit for himself sideways.
CONSUMER BEHAVIOR is the study of consumers and the processes they use to select the product. It particularly deals with the psychological of the customer i.e., What the think? What they want? What are the trends they are interested in? At what price do they feel comfortable? And so on.
When the marketer understands the mental state of the consumer then he/she becomes fit to earn and compete with his fellow marketers. This enables him to provide the customers with the products of their choice at reasonable prices. This is how he sustains in market and earns profit.
Example: a marketer understands that customers are attracted by discounts. So he would increase the actual cost of product and increase the discount price. The selling price is not changed but since the customer thinks he is getting more discount, he is attracted.
Consumer Behavior is of great significance to marketers because it helps them to survive in the industry. It helps them to analyze business trends and helps to keep up with their competitors. It also helps to retain their customers.
Consumer buying behavior refers to the analysis of consumers' actions when selecting whether to get a good that meets their needs. it's an investigation into how customers behave and what motivates them to purchase and use particular goods.
The study of consumer purchasing behavior is crucial for marketers because it helps them comprehend what customers anticipate from them. Understanding what prompts a consumer to get a product is useful.
The importance of consumer behavior to marketers is discussed below:
Consumer diversification: It's a technique used in marketing to set one consumer apart from a group of related consumers. This aids in creating a target market of consumers who exhibit the same or comparable behavior.Customer Retention: Consumer behavior is incredibly crucial for both attracting new consumers and keeping hold of current ones. A satisfied customer is more likely to form the same purchase in the future. Therefore, it's important to sell the product in a way that encourages repeat purchases from customers.Forecasting Demand Patterns: By doing a consumer behavior analysis, a business can avoid spending plenty of money and energy on creating a product that won't be popular with customers.Competitiveness: Understanding and handling the competition are made easier by studying consumer behavior. Your brand may have a competitive edge supported consumer expectations.Develop Unique New Technologies: Businesses continually exerting to increase the likelihood that their novel ideas or new products will succeed. Amongst the foremost crucial methods is to carry out a thorough and careful study of consumer behavior.Learn more about consumer behavior : https://brainly.com/question/9566137
ABC Restaurant specializes in rice noodles and has driven up their economic profit, causing competitors to enter the restaurant market. Illustrate what will happen to the demand for ABC Restaurant's products and services, assuming that it is operating in a monopolistically competitive market.
Answers
Answer: See explanation
Explanation:
Monopolistic competition is regarded to as a market structure where the products that are sold in the market are closely differentiated and also there is a free entry and exit as new firms can enter the market.
It should be noted that in the short run, the firm will make economic profits and this will increase but in the long run when more firms enter the market, this will bring about more competitors and this will bring about a rose in the supply of rice noodles.
Since there's an increase in the supply of rice noodles, the price of the product will reduce and this will eventually result in ABC Restaurant earning a normal profit just like every other form in the market.
The Ruritanian Ministry of Health has discovered that widgets, a biological cousin to widgets, have important positive side effects. To ensure that all Ruritanian citizens can afford to buy widgets, they have set a ceiling price of 2 kroner per wodget. Not surprisingly, since the equilibrium price is 4 kroner, a black market has developed for wodgets.
Required:
a. What is the quantity demanded of wodgets at 2 kroner?
b. What is the excess supply at a price of 2 kroner?
Answers
Answer:
a. 80 widgets
b. -55 widgets
Explanation:
a. At the price ceiling of 2 kroner per widget, suppliers on the graph are only willing to supply 25 widgets yet the demand at that point is 80 widgets.
b. An excess of supply would imply that Suppliers are supplying more than people are demanding. At a price of 2 Kroner, that is not the case. There is a shortage instead.
Supply excess = Quantity supplied - Quantity demanded
= 25 - 80
= -55 widgets
a. The quantity demanded of widgets at 2 kroner 80 widgets
b. The excess supply at a price of 2 kroner is -55 widgets
The calculation is as follows:a. Since the price ceiling of 2 kroner per widget, suppliers on the graph are only willing to supply 25 widgets so the demand at that point is 80 widgets.
b.
Now
Supply excess = Quantity supplied - Quantity demanded
= 25 - 80
= -55 widgets
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Which of the following statement is TRUE?
(1 Point)
Developmental programs improve conceptual skills of managers for the future job.
Training programs improve conceptual skills of nonmanagers for the future job.
Developmental programs improve technical skills of nonmanagers for the current job.
Training programs improve technical skills of mangers for the current job.
Answers
'Developmental programs improve conceptual skills of managers for the future job' is true. The right answer is a.
The goals and content of training and development are different from one another. While "development" refers to a long-term method through which managerial personnel understand conceptual and theoretical knowledge for broad reasons, "training" is a short-term process through which non-managerial personnel acquire technical knowledge and skills for a specific purpose.
Development covers the process through which managers and executives build capacity for both future managing roles as well as skills and competence for their current ones.
The correct answer is option a.
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Complete the following table. Use Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, Exhibit 1-D.
Answers
It should be noted that the rate of return, investment values, etc are calculated attached.
How to calculate the valueTo calculate the investment value at the end of a time period, you can use the formula:
Investment value = (Annual deposit x (((1 + Rate of return)^Time period) - 1)) / Rate of return
To calculate the total amount of investment, you can simply multiply the annual deposit by the number of years in the time period:
Total amount of investment = Annual deposit x Time period
To calculate the total amount of earnings, you can subtract the total amount of investment from the investment value at the end of the time period:
Total amount of earnings = Investment value at the end of time period - Total amount of investment
Note that the rate of return should be entered as a decimal, not a percentage (e.g. 0.05 instead of 5%).
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Which GPA does not appear on the transcript and therefore has to be calculated by the student for monitoring?
A. Term
B. Cumulative
C. Overall
Answers
Answer:
Explanation:
Cause GPA means the total grade point but CGPA means after completing the programme what is your cgpa.
Which of the following decreases when credited?
Revenue
Inventory
Wages payable
Loans payable
Answers
Inventory decreases with Cr.
Wages Payable decreases with Dr
Loans Payable decreases with Dr
So only inventory decreases with Cr
Asset has a normal balance of a Dr
Liabilities have a normal balance of a Cr
Revenue has a normal balance of a Cr
TB MC Qu. 7-137 Farris Corporation, which has ... Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 144 Units in beginning inventory 0 Units produced 9,350 Units sold 8,950 Units in ending inventory 400 Variable costs per unit: Direct materials $ 26 Direct labor $ 68 Variable manufacturing overhead $ 14 Variable selling and administrative expense $ 18 Fixed costs: Fixed manufacturing overhead $ 140,250 Fixed selling and administrative expense $ 9,600 What is the net operating income (loss) for the month under variable costing
Answers
Answer:
Net operating income= $11,250
Explanation:
Giving the following information:
Selling price $144
Units sold 8,950
Variable costs per unit:
Direct materials $26
Direct labor $68
Variable manufacturing overhead $14
Variable selling and administrative expense $18
Total variable cost= $126
Fixed costs:
Fixed manufacturing overhead $140,250
Fixed selling and administrative expense $9,600
Variable costing income statement:
Sales= 8,950*144= 1,288,800
Total variable cost= (126*8,950)= (1,127,700)
Contribution margin= 161,100
Fixed manufacturing overhead= (140,250)
Fixed selling and administrative expense= (9,600)
Net operating income= 11,250
00 For Market failures means that the market has not achieved its optimum production outcome. This means that it has not produced the correct quantity of goods and services. QUESTION 1 Conduct a research to any small business that is manufacturing goods in your community. Make an appointment to interview the owner for the purpose of collecting the information using the questionnaire below. 1.1 General information: ● Name of the firm / business Specify the type of goods or service ● ● Position of the person interviewed ● Date of the interview 1,2 Explain briefly the negative impact the following factors have in your business. (10) Lack of information: ● Price discrimination Immobility of factors of production with special reference to: Physical capital Structural changes ● ● (1) ● (1) (1) (1) [14] QUESTION 2: Interview 3-4 community members that reside near the business you have visited. 2.1 Ask them to name any TWO negative externalities and TWO positive externalities caused by the local business, (2 x 2) (4) 2.2 Request them to list any TWO characteristics of public goods. (2 x 1) (2) 2.3 Use the negative externality and positive externality graphs to explain the impact this business have to the society (10) [16]
Answers
The first step in researching a small business in your neighborhood is to find a suitable nearby manufacturing company.
Once you do, contact the manager or owner to arrange an interview. Gather general information during the interview, such as the name of the company or business, what types of products or services they provide, the interviewer's position, and the time and date of the interview.
Then, focus on the detrimental effects different situations can have on the company. Briefly describe the impact on business of informational gaps, price discrimination, immobility of production variables (with a focus on physical capital), and structural changes.
Interview three to four locals who live close to the establishment you just visited. Ask them to list two unfavorable and two beneficial externalities brought about by the neighborhood business. Ask them to add two properties of public goods to the list as well.
Finally, use the data from the interviews to create graphs showing the positive and negative externalities of business on society. These infographics will graphically describe the costs and benefits that the company's neighborhood has.
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March/2023/1 Receive a cheque from Guria Ltd K700.
requirement do double entry
Answers
Assuming Cheque received from a customer
1-Mar-2023
DR Bank
CR Accounts Receivable (Guria Ltd K700)
(Recoded receipt of cheque from customer)
What is Double Entry?Double entry is the initial entry that is recorded to record the daily transactions of a company, these transacttions are accumulated at the end of a month or a period and are converted into a trial balance, this trial balance eventually help in the preparation of an Income statement and Balance Sheet.
The cheque is received from Guria Ltd that needs to be deposited into bank and the above entry is to be recorded.
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If the amount of gasoline purchased per car at a large service station has a population of $15 and a population standard deviation of$4 then 99.73% of all cars will purchase between $3 and $27
Answers
The range between $3 and $27 is three standard deviations away from the mean.
Since we know that 99.73% of the data falls within three standard deviations of the mean, we can estimate that 99.73% of all cars will purchase gasoline between $3 and $27.
According to the given information, the population mean is $15, and the population standard deviation is $4.
This means that 99.73% of all cars will purchase gasoline within three standard deviations of the mean, using the empirical rule.
Therefore, we can use the empirical rule to estimate the percentage of cars that will purchase gasoline between $3 and $27.
The empirical rule is also known as the 68-95-99.7 rule, which states that:Approximately 68% of the data falls within one standard deviation of the meanApproximately 95% of the data falls within two standard deviations of the meanApproximately 99.7% of the data falls within three standard deviations of the mean.
To find the number of standard deviations that correspond to $3 and $27, we need to calculate the z-scores.
The z-score formula is given as:z = (x - μ) / σwhere z is the standard score, x is the value of the variable, μ is the population mean, and σ is the population standard deviation.
To find the z-score for $3, we plug in the values:z = (3 - 15) / 4z = -3To find the z-score for $27, we plug in the values:z = (27 - 15) / 4z = 3.
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Derek Davis, the sole proprietor of DD's Jam Shoppe, started trading on 1 January 2015 and provides you with the following list of balances which was extracted from his books on 31 March 2015. §. Inventory on 31 March 2015 was valued at · . ● Bank . Cash Accounts Receivable Accounts Payable Fixtures, Fittings and Equipment Premises Capital Transportation Out Discounts Wages and Salaries Utilities (including water rates) Rent Revenue Loan 1 Gross Income 1 654 6 875 9020/JANUARY/F 2016 699 450 7 780 25 000 396 160 4 750 1 180 1922 32 484 Additional information at 31 March 2015: Fixtures, Fittings and Equipment is to be depreciated at 20% per annum, using the straight line method. 185 3 000 2 560 8 793 One employee has not yet been paid his wages of $900. The Water Company has a credit of $160 for payment received in advance. 4 Mr Davis rents part of his shop premises to a tenant, who owes $1 500 in rent for the month of March. Interest is to be calculated on the Loan at the rate of 15% per annum.
Answers
Here is the financial statement for Derek Davis's sole proprietorship:
The financial statementDerek Davis, sole proprietor of DD's Jam Shoppe, had the following balances as of March 31, 2015:
Cash: $1,654
Accounts receivable: $6,875
Inventory: $9,020
Accounts payable: $4,500
Fixtures, fittings, and equipment: $7,780
Premises: $25,000
Capital: $39,616
Transportation out: $160
Discounts: $4,750
Wages and salaries: $1,180
Utilities (including water rates): $1,922
Rent revenue: $32,484
Loan: $185
Gross income: $8,793
Additional information:
Fixtures, fittings, and equipment are to be depreciated at 20% per annum, using the straight line method.
One employee has not yet been paid his wages of $900.
The Water Company has a credit of $160 for payment received in advance.
Mr. Davis rents part of his shop premises to a tenant, who owes $1,500 in rent for the month of March.
Interest is to be calculated on the Loan at the rate of 15% per annum.
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Marriage between individuals who have similar social characteristics
Answers
Homogamy is the marriage between individuals who have similar social characteristics.
What is homogamy?Homogamy is the practice that involves individuals marrying each other because they have similar characteristics. It involves marriage between individuals who are, in some culturally important way, similar to each other.
The similar characteristics in homogamy include:
Race/ethnicityReligious backgroundAgeEucation backgroundSocial backgroundTherefore, marriage between individuals who have similar social characteristics is know as homogamy.
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Give an example of an official in public service who failed to show probity, and explain your
answer. :
Answers
Answer:
The perfect and perhaps most commonly known is former U.S. President Richard Nixon.
Explanation:
Nixon was President of the United States from 1969 to 1974, he was elected for two periods, but he only finished one and less than half the other one. The reason is that he was embroiled in the Watergate scandal: an espionage campaign of the Democratic Party from Republican officials, including Nixon himself.
With these acts, Nixon, as the highest public official in the nation, failed to show probity, and dishonored the office of the president. He was quick to renounce the presidency, and would have faced legal challenges if not for his Vice President, Gerald Ford, who became president as his replacement, and issued him a presidential pardon immediately after.
Dowling Sportswear is considering building a new factory to produce aluminum baseball bats. This project would require an initial cash outlay of $5,500,000 and would generate annual net cash inflows of $1,100,000 per year for 7 years. Calculate the project's NPV using a discount rate of 8 percent.
Answers
The NPV of the project is $$2,27,007.0651, which means that the project will generate a net present value of $$2,27,007.0651 for the company if a discount rate of 8 percent is used. This means that the project will provide a positive return on investment and is a viable option for the company to pursue.
What is the project's NPV?Generally, To calculate the project's NPV using a discount rate of 8 percent, we need to use the following formula:
NPV = (Net Cash Inflows / (1 + r)^t) - Initial Cash Outlay
Where:
Net Cash Inflows = $1,100,000 per year for 7 yearsInitial Cash Outlay = $5,500,000 r = 8% (discount rate) t = 7 (number of years)We can calculate the NPV as follows:
NPV = ($1,100,000 / (1 + 0.08)^1) + ($1,100,000 / (1 + 0.08)^2) + ($1,100,000 / (1 + 0.08)^3) + ... + ($1,100,000 / (1 + 0.08)^7) - $5,500,000
NPV = $2,27,007.0651
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What is an example of an interest leading to a career choice
Answers
Answer:
Making music leading to becoming a musician, basketball leading to wanting to be in the nba, etc.
Explanation:
Use the CAFR information for the City of Salem (Illustrations 2-2 through 2-16) to find the following items. in your answer, both indicate which financial statement contained the information and the item and the dollar amount.
Information Item Statement $ Amount
Ex Amounts due from other governments to support
governmental activities Balance Sheet—
Governmental Funds $1,328,448
A. Total capital outlay for the courthouse renovation
B. Total cash paid for capital additions for the solid
waste fund
C. Interest paid (not expense) on general long-term debt
D. Interest paid (not expense) on water department debt
E. Capital asset (net) for the government's component units
F. Contributions received for use by the private-purpose trust
G. Noncurrent liabilities associated with governmental
activities that are due in more than one year
H. Noncash contributions of capital assets for the water
department
Answers
Answer:
attached below
Explanation:
using the CAFR information the information required is tabulated as attached below
The net assets statement reports the liability, the net assets account balance for the government activities and also reports the assets
