suppose a country has real gdp of $10,000 at the beginning of the year 2015. each year the economy grows by 7 percent. how much will their real gdp be by 2025?

Answers

Answer 1

The country's real GDP will be $17,194 in 2025 if each year the economy grows by 7 percent.

How do you calculate the real GDP of the economy?

To calculate the real GDP of a country in a future year, you can use the formula:

Real GDP in future year = Real GDP in current year * (1 + growth rate)^(number of years)

Using this formula, we can calculate the real GDP for 2025 as follows:

Real GDP in 2025 = $10,000 * (1 + 0.07)^(10)

= $10,000 * 1.7194

= $17,194

Therefore, the country's real GDP will be $17,194 in 2025.

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Related Questions

When Occupational Safety and Health Act inspectors discover a hazard in which illness or injury incurred is unlikely to cause death or serious physical harm, but the violation does have a direct impact on safety and health, it reports a(n) ______ violation.

a. willful
b. serious
c. de minimis
d. failure to abate

Answers

Answer:

a. willful

Explanation:

The Occupational Safety and Health Administration (OSHA) is a federal agency saddled with the responsibility of assuring and ensuring safe and healthy working conditions for employees by setting and enforcing standards, providing education, trainings and assistance to various organizations.

When Occupational Safety and Health Act inspectors discover a hazard in which illness or injury incurred is unlikely to cause death or serious physical harm, but the violation does have a direct impact on safety and health, it reports a willful violation.

When there is a change in the estimated useful life of a depreciable asset, the accountant would: a. Calculate the change and apply it to all years-restating the previous years' financial statements as needed b. Calculate the change and apply it prospectively-making footnote disclosures if the change materially impacts the financial statements C. Calculate the change and apply it retrospectively-restating the previous years' financial statements as needed d. Calculate the change and record a one-time adjusting journal entry-debiting depreciation expense and crediting accumulated depreciation . A company owns a press that has a book value of $3,450. The asset is sold to a scrap dealer for $1,000 cash. The scrap dealer also gives the company spare parts worth $2,000 that can be used to repair its other fabrication equipment. When recording the entry, the accountant would record: a. A gain of $450 b. A gain of $2,450 C. A loss of $2,450 d. A loss of $450 Regarding a company's cost of capital, which statement is false: a. The cost of capital is the cost a company bears to obtain external financing b. Debt financing is the after-tax cost of borrowing money c. Equity financing is the cost investors expect when purchasing shares of stock d. The cost of capital is critical because it determines which long-term projects are profitable to undertake The average of the cost of debt and equity financing weighted by the proportion of each type of financing is referred to as: The weighted average cost of capital b. The debt to equity ratio c. The quick ratio d. The weighted average of debt to equity financing Goods acquired for use in the production of income are: a. Inventory b. Raw Materials c. Assets d. All of the above Goods held for sale in the normal course of business: Are called Inventory b. Are valued at market unless the historic cost is less c. Are listed as current assets which must be disposed of after 12 months d. Must be counted each month in order to determine the cost of goods sold D. When the seller of merchandise has no idea how many items have been sold and must perform a periodic inventory count to verify what inventory items have sold, we refer to this as: a. An unethical smoothing of financial information b. A perpetual inventory system c. A periodic inventory system d. The basis for a qualified opinion by the external auditor . Maintaining inventory records in the accounting system and recording purchases to an inventory account would indicate a company has: a. Ethical business transactions b. A perpetual inventory system c. A periodic inventory system d. An unqualified opinion from the external auditor Bears R Us Inc. has recently ceased manufacturing product A6745 and replaced it with product A7463 due to technological improvements. Sales of A6745 have dropped considerably in the last quarter. Bears R Us uses a perpetual inventory system. The appropriate accounting treatment would be to: a. Record the cost of remaining A6745 products to an inventory allowance account Dispose of product A6745 and record the cost against comprehensive income in the Equity section of the balance sheet b. Record the difference between the original selling price and the new discounted selling price to a discounts and allowance account using the Gross method d. Write down the inventory value to $0 and give the A6745 products away. LIFO layers are created in ending inventory when: The number of units purchased exceeds the number of units sold b. The number of units sold exceeds the number of units purchased The number of units sold equals the number of units purchased C. d. The number of units purchased less the number of units sold exceeds the marketing forecast for unit sales in the next 12 months. An advantage of LIFO is: a. The ending inventory balance agrees closely with current replacement cost b. There is a matching of current costs with current revenues c. LIFO liquidation can result in greatly decreased tax payments when inventory levels decline Inventory costs usually correspond with the physical flow of goods When considering Lower of Cost or Market, market is generally considered to be: a. The original price paid on the open market for inventory b. The replacement cost of inventory c. The net realizable value of inventory less a normal profit margin The net realizable value of inventory The limit that constrains the market value of inventory such that it does not exceed its net realizable value is called the: a. Replacement cost b. Market C. Floor d. Ceiling

Answers

When there is a change in the estimated useful life of a depreciable asset, the accountant would calculate the change and apply it prospectively-making footnote disclosures if the change materially impacts the financial statements. The correct option is B.

Calculation and application of change in estimated useful life of a depreciable asset.The change in the estimated useful life of a depreciable asset can impact the calculation of depreciation and change the amount of depreciation in the books. In the case of a change in the estimated useful life of a depreciable asset, the accountant would calculate the change and apply it prospectively-making footnote disclosures if the change materially impacts the financial statements.Recording the entry for selling an asset.

When an asset is sold, a gain or loss is recorded based on the sale price of the asset. In the given scenario, the press has a book value of $3,450 and is sold for $1,000 cash. The scrap dealer also gives the company spare parts worth $2,000 that can be used to repair its other fabrication equipment. The total proceeds of the sale amount to $3,000 ($1,000 cash + $2,000 worth of spare parts).The loss on the sale of the asset is calculated as follows:Loss on sale of the asset = Book value of the asset - Proceeds from the sale= $3,450 - $3,000= $450. Hence, the accountant would record a loss of $450.The false statement regarding a company's cost of capital is:The cost of capital is the cost a company bears to obtain external financing is a false statement. The correct statement is The cost of capital is the cost of financing a company's operations, including both equity and debt financing.Weighted Average Cost of Capital (WACC)The average of the cost of debt and equity financing weighted by the proportion of each type of financing is referred to as the weighted average cost of capital.Inventory and goods held for sale:Goods acquired for use in the production of income are assets. Goods held for sale in the normal course of business are called inventory. Periodic inventory system. When the seller of merchandise has no idea how many items have been sold and must perform a periodic inventory count to verify what inventory items have sold, we refer to this as a periodic inventory system. A perpetual inventory system, on the other hand, maintains a continuous record of inventory levels.Write down of inventory value Bears R Us Inc. has recently ceased manufacturing product A6745 and replaced it with product A7463 due to technological improvements. Sales of A6745 have dropped considerably in the last quarter. Bears R Us uses a perpetual inventory system. The appropriate accounting treatment would be to record the cost of remaining A6745 products to an inventory allowance account. LIFO layers are created in ending inventory when the number of units sold exceeds the number of units purchased. This results in a reduction of the inventory layers and may affect the cost of goods sold and gross margin of the company. Advantage of LIFO; An advantage of LIFO is that there is a matching of current costs with current revenues.

Lower of Cost or Market: When considering Lower of Cost or Market, market is generally considered to be the net realizable value of inventory. This is the selling price of the inventory less the cost of disposal.The limit that constrains the market value of inventory such that it does not exceed its net realizable value is called the ceiling. The correct option is B.

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The federal reserve can affect you through

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As the Federal Reserve conducts monetary policy, it influences employment and inflation primarily through using its policy tools to influence the availability and cost of credit in the economy.

A voucher system establishes procedures for verifying, approving, and recording liabilities for cash payment. Group startsTrue or False

Answers

True. A voucher system is a set of procedures that are put in place to verify, approve, and record liabilities for cash payments.

The purpose of a voucher system is to ensure that all cash payments made by a company are properly authorized and supported by appropriate documentation.

The voucher system typically involves several steps. First, a purchase request is submitted by an authorized employee. This request is then reviewed and approved by the appropriate personnel. Once approved, a purchase order is generated and sent to the supplier.

When the goods or services are received, the supplier sends an invoice, which is then matched with the purchase order and the receiving report. This three-way match helps to verify that the goods or services were received as ordered and that the amount on the invoice is accurate.

Once the match is confirmed, a voucher is created and recorded in the accounting system. This voucher serves as evidence of the liability for the cash payment. Finally, the payment is made and the voucher is marked as paid.

By establishing these procedures, a voucher system helps to ensure proper control over cash payments and reduces the risk of unauthorized or fraudulent payments.

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which of the following is most likely to need help if a tax professional

- salaried workers
- minimum wage workers
- college graduates
- self employed people

Answers

Tax is paid to the government, self-employed people are most likely to need help if a tax professional.

What is tax?

Tax is a contribution to revenue that is generated by the state and it is levied by the government on workers' income and profits from individual's businesses.

It is a compulsory payment and it can be added to the cost of some goods and services.

Self-employed people mostly need help from tax professionals on how much is to be paid and where to be paid, tax are often deducted directly from salaries.

Therefore, self-employed people is most likely to need help if a tax professional.

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a bond's principal may also be referred to as a bond's blank______. (check all that apply.)

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A bond's principal may also be referred to as its face value, par value, or redemption value.

A bond's principal may also be referred to as its face value, par value, or redemption value. These terms all represent the amount that the issuer promises to repay to the bondholder at maturity. The principal is the initial investment amount or the nominal value of the bond. It is important to understand these terms as they are commonly used in bond valuations, pricing, and interest calculations.

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Jean’s Vegetable Market had the following transactions during 2014: 1. Issued $50,000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $22,000. 3. Acquired land by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $7,000. 5. Sold a long-term investment (cost $3,000) for cash of $6,000. 6. Acquired an investment in IBM stock for cash of $10,000. What is the net cash provided by financing activities? Group of answer choices $21,000 $67,000 $0 $28,000

Answers

Answer:

$21,000

Explanation:

The computation of the cash provided by financing activities is shown below

Cash flows from financing activities

Issue proceeds of common stock $50,000

Less Repayment of 6 year note payable -$22,000

Less: Payment of cash dividend -$7,000

Net Cash provided by financing activities $21,000

The same is considered and relevant

The most common form of competition is ________blank, in which many firms compete for customers in a given market but with differentiated products.

Answers


The most common form of competition is monopolistic competition blank, in which many firms compete for customers in a given market but with differentiated products.
Monopolistic Competition Market
Monopolistic Competition is a competition with other manufacturers who have similar products, but there are differences between each of them.
This difference is the hallmark of the productsproducts sold by each manufacturer.
The activity of producing these goods is known as product differentiation or product differentiation.  Because the products produced are almost similar, each producer will compete in terms of quality, price, and how to market their products.


Monopolistic Competition Market Characteristics
The characteristics of a monopolistically competitive market are as follows:
1. Has a very large number of producers
As in a perfectly competitive market, a monopolistic market has a large number of producers.  Due to the large number of producers, each producer has a relatively small market share.
2. There is Product Differentiation
Product differentiation is when a manufacturer produces a product that is slightly different, but similar to the products of its competitors.
In a monopolistically competitive market, when the price of one producer rises while the price of the product of another producer is constant, the demand for that product will fall.  Because, consumers will easily find substitute products from these products.
3. Each producer competes in terms of quality, price, and how to market their products
Because products in monopolistic markets tend to be similar, producers will compete in terms of quality, price, and how to market their respective products.
Manufacturers will compete to improve the quality of their products, such as through attractive product designs and services provided to consumers.
4. Producers are free to enter the market
Just like a perfectly competitive market, monopolistic market participants are also free to enter and leave the market.
The free entry and exit of the market means that there are no barriers for new producers who want to sell their products in the market or old producers who want to leave the market.


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inventory records for eliza company revealed the following: date transaction number of units unit cost march 1 beginning inventory 1,070 $ 7.14 march 10 purchase 530 7.64 march 16 purchase 426 8.24 march 23 purchase 510 8.94 eliza sold 1,910 units of inventory during the month. ending inventory assuming fifo would be

Answers

The ending inventory assuming FIFO (First-In-First-Out) would be 560 units.

FIFO means that the inventory purchased first is sold first. The 1,070 units that were part of the beginning inventory would be the first to be sold, followed by the 530 units purchased on March 10, then the 426 units purchased on March 16, and finally the 510 units purchased on March 23.

The 1,070 + 530 + 426 = 2,026 units were sold in the month of March, leaving the 560 units (1,910 units sold - 2,026 units available) from the purchase on March 23 as the ending inventory. This method of calculation assumes that the products purchased first are sold first.

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o d
Of the following, which is NOT in the socio-economic category of managed trade?
a. Embargoes
O b. Countertrade
.
O
O O O
c. Ethics and safety
5.
O
O d. Export cartels
7.
O
O e. The infant industry argument
8.
o
9.
a
10.
o
11.
о
12.
O
13.
оо
14.

Answers

Answer:

D.

Explanation:

Which best describes the facilities involved in the Healthcare cluster?

Some facilities are privately owned, some are funded and run by the government, and some are run by nonprofit organizations.
Some facilities are privately owned businesses that are owned by people who want to make money, and some facilities are nonprofit hospitals.
Most facilities are funded by taxes and run by the government, while a small few are privately owned facilities run by people who want to make money.
Many facilities are nonprofit clinics with the rest of the facilities owned and operated by private individuals to make a profit.

Answers

Answer: (C) Most facilities are funded by taxes and run by the government, while a small few are privately owned facilities run by people who want to make money.

Answer:

C. government

All of the following are factors that draw companies into the international arena except for​ what?
A.The company sees better profit opportunities than in the domestic market.
B.The company needs a larger customer base to achieve economies of scale.
C.Customers are going abroad and require international service.
D.The company wants to increase dependence on one market.
E.The company decides to counterattack global competitors in their home markets.

Answers

All of the following are factors that draw companies into the international arena except for D) The company wants to increase dependence on one market.

The factors that draw companies into the international arena include better profit opportunities than in the domestic market, a larger customer base to achieve economies of scale, customers going abroad and requiring international service, and the company's decision to counterattack global competitors in their home markets. However, a company would not want to increase its dependence on one market by entering the international arena, as this would increase the company's risk exposure and limit its growth potential. Therefore, option D is not a factor that draws companies into the international arena.

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Which of the following is not included in the GDP?
a. Consumer spending
b. Exports
C. Nonmarket activity
d. Government spending

Answers

Answer:

C. Non-market activity

Explanation:

The GDP value represents the total of goods and services produced within the boundaries of a country. One method of calculating GDP is through the expenditure approach. the formula for this method is that GDP = C + G + I + NX where

C is the total of consumer spending.

G is the total value of the government's expenditure

I represent the summary of all investments.

NX is the net exports: total exports minus imports.

The GDP value does not include non-market activities.

If someone pretends to be your banking institution in order to convince you to tell them your password information, this is called

Answers

Spoofing occurs if someone pretends to be a bank to obtain passwords or any other important piece of information.

Spoofing describes a type of scam or cyber attack that involves:

A person or group of people pretending they are a trusted organization.Scammers obtaining important information such as passwords, bank account numbers, etc.

Nowadays, spoofing is rather common and it can be done through phone calls, e-mails, websites, and even texts.

Based on this, an example of spoofing is if someone pretends to be your bank just to access private information for malicious purposes.

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the price elasticity of demand of a good depends in part on its relative necessity in comparison to other goods. assume the following goods all have approximately the same price. which of the goods has the most elastic demand? self-driving cars insulin for people with diabetes

Answers

Insulin for people with diabetes has the most elastic demand compared to self-driving cars due to its necessity for managing health.

Compared to self-driving vehicles, the demand for insulin for persons with diabetes is probably more elastic because it is thought to be necessary for managing illness and maintaining health. In the short run, people's demand for insulin is rather inelastic, therefore they won't care how much it costs to get it.

However, if the cost of insulin rises significantly over time, consumers may look for replacements or alternatives. However, since self-driving cars are still seen as a luxury goods, individuals could be more inclined to decide against buying one if the price goes up considerably. Therefore, compared to self-driving automobiles, the need for insulin is more elastic.

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what must be true of the correlation for there to be no benefit gained from diversification?

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The benefits of diversity diminish as the correlation coefficients between the returns in each area rise. There is no benefit from diversity if there is a perfect correlation between returns and the correlation coefficient is one. Here's how correlation coefficient is defined:

Positive correlation describes a relationship where a rise in one variable is followed by an increase in another. It is known as a negative correlation when one variable increases while another decreases. When a change in one variable is perfectly reflected by a change in another, the connection is said to be in perfect correlation. Modern portfolio theory suggests that to increase diversification, you should spread your risk across several asset classes.

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Which of the following has the largest impact on opportunity cost?
consumer wants
tight deadlines
consumer needs
limited resources

Answers

Answer: Limited resources

Explanation: Limited resources means there is less resources available to the consumers. Scarce resources causes firms to make a choice resulting in opportunity cost. If the consumers money and attention is limited then they must make trade offs.

Answer:

Limited Resources :)

Explanation:

Just took the test.

Note:

You can do it!

(b)
Your warehouse manager reports that there were four king-size sheets and three queen-size sheets returned, along with five packages of queen pillow cases. Calculate the revised total due (in $).
$
(c)
The vendor has offered a 8% early payment discount that applies only to the merchandise, not the shipping or insurance. What is the amount of the discount (in $)? (Round your answer to the nearest cent.)
$
(d)
What is the new balance due after the discount (in $)? (Round your answer to the nearest cent.)
$

Answers

The revised overall due is $6,117.60. The early fee bargain amount is $416.88, and the new stability due after the bargain is $5,700.72.

(a) After correcting the mistakes within the itemization, the revised invoice desk must be as follows:

QTY. Ordered QTY. Shipped Description Unit Amount

44 ea. Sheets, king $45.10 $1,984.40

65 ea. Sheets, queen $39.60 $2,574.00

28 pkg. Pillow Cases, queen $17.85 $498.80

55 pkg. Pillow Cases, std. $17.35 $954.25

6 ea. Shams $33.25 $199.50

Invoice Subtotal $5,210.95

Shipping Charges of $131.50

Insurance $23.35

Invoice Total $5,365.80

(b) The variety of king-size sheets back is 4, and the quantity of queen-size sheets returned is three. The total cost of the back sheets may be calculated as follows:

4 * $45.10 (king-length sheet fee) + 3 * $39.60 (queen-length sheet rate) = $180.40 + $118.80 = $299.20

(c) The early fee bargain provided via the vendor is 8% of the product's fee. To calculate the bargain, we need to subtract the value of shipping and insurance from the invoice subtotal and practice the bargain percent:

Discount = 8% * (Invoice Subtotal - Shipping Charges - Insurance)

Discount = 8% * ($5,210.95 - $131.50 - $23.35) = 8% * $5,056.10 = $404.49

(d) The new balance due after making use of the cut price may be calculated by using subtracting the discount quantity from the bill overall:

New Balance Due = Invoice Total - Discount

New Balance Due = $5,365.80 - $404.49 = $4,961.31

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The correct question is:

"INVOICE Hamilton Mills No. 49485 INVOICE DATE July 9, 20xx 115 Rock Creek Road CUSTOMER'S Charlotte, North Carolina 28235 ORDER NO. 49485 SOLD TO: SHIP TO: SAME The Bedding Warehouse 406 Maple Road Franklin, VA 23851 SALESMAN SHIPPED VIA Federal Express TERMS Net 30 Days F.O.B. Charlotte, N.C. QTY. ORDERED QTY. SHIPPED DESCRIPTION UNIT AMOUNT 44 ea. Sheets, king $45.10 $1,984 40 65 ea. Sheets, queen $39.60 $2,57400 28 pkg. Pillow Cases, queen $17.85 $44980 55 pkg. Pillow Cases, std. $17.35 $954 25 6 ea. Shams $33.25 $299 50 $6,261.95 INVOICE SUBTOTAL SHIPPING CHARGES $131.50 Insurance $23.35 INVOICE TOTAL $6,416.80 Invoice Table QTY. Ordered QTY. Shipped Description Unit Amount 44 ea. Sheets, king $45.10 $1,984.40 65 ea. Sheets, queen $39.60 $2,574.00 28 pkg. Pillow Cases, queen $17.85 $449.8 55 pkg. Pillow Cases, std. $17.35 $954.25 6 ea. Shams $33.25 $299.5 Invoice Subtotal $6,261.95 Shipping Charges $131.50 Insurance $23.35 Invoice Total $6,416.80 (a) You notice several errors in the itemization of the invoice. Correct the errors in the itemization ing the fol table $). QTY. Ordered QTY. Shipped Description Unit Amount 44 ea. Sheets, king $45.10 $ 65 ea. Sheets, queen $39.60 $ 28 pkg. Pillow Cases, queen $17.85 $ 55 pkg. Pillow Cases, std. $17.35 $ 6 ea. Shams $33.25 $ $ Invoice Subtotal $ Shipping Charges $131.50 Insurance $23.35 Invoice Total $                                            (b)

Your warehouse manager reports that there were four king-size sheets and three queen-size sheets returned, along with five packages of queen pillow cases. Calculate the revised total due (in $).

$

(c)

The vendor has offered a 8% early payment discount that applies only to the merchandise, not the shipping or insurance. What is the amount of the discount (in $)? (Round your answer to the nearest cent.)

$

(d)

What is the new balance due after the discount (in $)? (Round your answer to the nearest cent.)

$ "

Shannon puts x dollars into an investment with an interest rate of 4 percent per year and y dollars into an investment with an interest rate of 10 percent per year. She invests a total of $2600, and her interest earnings after one year are \$194. From this information, we can create two equations: one for the total investment and one for the interest earned. State both equations, and then solve the system to determine how much Shannon invested in each. The equation that describes the total investment is The equation that describes the interest earned is Amount invested at 4 percent interest is $ Amount invested at 10 percent interest is $

Answers

Shannon invested $1,100 at a 4 percent interest rate and $1,500 at a 10 percent interest rate.

To determine how much Shannon invested in each account, we can create two equations based on the given information. Let's denote the amount invested at a 4 percent interest rate as x and the amount invested at a 10 percent interest rate as y.

The first equation represents the total investment:

x + y = $2,600

The second equation represents the interest earned:

0.04x + 0.10y = $194

To solve this system of equations, we can use substitution or elimination methods. Let's use the elimination method.

Multiply the first equation by 0.04 to match the coefficients of x:

0.04x + 0.04y = $104

Now, subtract this equation from the second equation:

0.04x + 0.10y - (0.04x + 0.04y) = $194 - $104

0.06y = $90

Divide both sides by 0.06:

y = $90 / 0.06

y = $1,500

Substitute the value of y back into the first equation:

x + $1,500 = $2,600

Subtract $1,500 from both sides:

x = $2,600 - $1,500

x = $1,100

Therefore, Shannon invested $1,100 at a 4 percent interest rate and $1,500 at a 10 percent interest rate.

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Which statement about the Federal Reserve (the Fed) is true?

O Unless a person works there, the Fed has little impact on everyday life.
O The Fed determines the criteria banks must use to evaluate loan requests.
O The Fed sets monetary policy, which affects the interest rates banks offer.
O Because it is independent, the Fed reviews and approves the national budget.

Answers

A statement that is true on the Federal Reserve is that C. The Fed sets monetary policy, which affects the interest rates banks offer.

What does the Federal Reserve do ?

The American central bank is known as the Federal Reserve System (FRS). It is conceivably the most potent financial organization in the entire globe and is sometimes referred to as "the Fed." It was established to give the nation a secure, adaptable, and stable financial and monetary system.

Its primary duties include controlling the money supply, establishing interest rates, and overseeing the financial system. In times of economic crisis, it also serves as a lender of last resort, as was shown during the financial crisis of 2008.

These powers of the Federal Reserve mean that it is the one which sets the monetary policy of the United States. This monetary policy will then affect the interest rates on loans, offered by banks.

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You want to paint your room yellow, so you get some samples at the paint store. when you hold the sample against your white wall, it looks different from the way it looks against the green curtain. a psychologist would attribute this to perceptual constancy. visual paradoxes. contrast effects. threshold differences.

Answers

Answer:

contrast effects

Explanation:

Contrast effects is a change of perception when we compare something with something else thereby noticing the difference between them. These comparisons can be color, price, taste.

Contrast effects can make a color appear darker when placed in a lighter background or that an item appear to be cheap when place after being shown a more expensive item. Contrast effects can either be positive or negative.

A positive Contrast effect is one that makes an item better than it is while a negative Contrast effect make an item worse than it is.

Dillards buys finished products and sells them for a profit to its customers. Dillards is a part of which type of market

Answers

Dillards is a part of the Reseller market

The market consisting of wholesalers and retailers who buy products for resale purposes.

Dillards is a part the Reseller market.

What type of business is a reseller?

A reseller business allows you to resell products bought from manufacturers to customers. The reseller dropship business model is affordable, making it a great option for new entrepreneurs. As a reseller, you're essentially the middleman between the manufacturer and customers.

What are resellers examples?

Most resellers are retail organizations. These include grocery stores, department stores and specialty stores, such as home improvement or pet supply stores. There are many different types of retailers, from Wal-Mart to Macy's to the boutique on Main Street.

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Place the steps in order for inserting a video link into a document.
Place the cursor at the
insertion point
Click the Online Video
button
Preview the video before
saving the document
Click Insert tab
Search for and select the
video

Answers

Choose Online Video from the ribbon's Insert tab. Insert the URL you copied in step 2 into the Insert Video dialog box. Choose Insert.

What actions are required to add a hyperlink to a document?

Make a link to a specific web page.

The text or image that you want to appear as a hyperlink should be selected. Input Ctrl+K. You may also choose Link from the shortcut menu by right-clicking the text or image and selecting it.

What is the best way to add a video to a Word document?

Add a video, sound, or movie to Microsoft Word, PowerPoint, or Excel.

Click Object from the Insert menu, then select the Create from File tab.

Locate the movie (or sound wave) you wish to insert by clicking Browse and then browsing.

Choose a movie (video clip or sound wave)

Press Insert.

Double-click a media file's icon to start playing it.

Select OK.

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2.19 Billy Bob wants to gain some weight so that he can play football. Billy eats only milkshakes and spinach. Milkshakes cost him $1 each and spinach costs $2 per serving. A milkshake has 850 calories and a serving of spinach has 200 calories. Billy Bob never spends more than $20 a day on food and he always consumes at least 8000 calories per day. Which of the following is necessarily true?
(a) Billy Bob consumes at least 9 milkshakes a day.
(b) Billy Bob never consumes more than 6 servings of spinach a day .
(c) Billy Bob never consumes positive amounts of both goods.
(d) Billy Bob consumes only milkshakes.
(e) None of the above.

Answers

The statement that is necessarily true is Billy Bob consumes at least 9 milkshakes a day.Given,Milkshakes cost Billy Bob $1 each and spinach costs $2 per serving. A milkshake has 850 calories and a serving of spinach has 200 calories. Thus, option (a) is correct.

Billy Bob never spends more than $20 a day on food and he always consumes at least 8000 calories per day.To consume 8000 calories or more in a day, we must have 9 milkshakes in a day because each milkshake has 850 calories. 9 × 850 = 7650 calories. If Billy Bob eats at least 9 milkshakes a day, he still has $11 left, and if he spends all his remaining money on spinach, he can buy 5 servings of spinach (since each serving costs $2, 5 servings of spinach cost $10).5 servings of spinach cost him 5 × 200 = 1000 calories, and he has now consumed 8650 calories, which is more than the minimum required 8000 calories per day.Hence, the statement that is necessarily true is Billy Bob consumes at least 9 milkshakes a day. Thus, option (a) is correct.Note: If Billy Bob doesn't consume spinach, he will need to have at least 10 milkshakes a day to consume at least 8000 calories per day.

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Ed was working on a custom-made workbench for a customer. The job, TB0414, was begun in November. At the end of November, the job cost sheet for TB0414 showed direct materials of $215, direct labor of 14 hours at $18 per hour, and overhead of 50% of direct labor cost. During December, Ed’s time ticket showed 15 hours on Job TB0414, 25 hours on Job TB0614, 10 hours of maintenance on the lathe, and 40 hours on a new job, DR1014. What is the total amount of overhead applied to TBO414?

Answers

Answer:

Allocated MOH= $261

Explanation:

Giving the following information:

Predetermined overhead rate= 50% of direct labor cost

To allocate overhead to Job TB0414, we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

First, we need to determine the total labor cost:

TB0414:

Direct labor hours= 14 + 15 = 29

Total direct labor cost= 29*18= $522

Now, the allocated overhead:

Allocated MOH= 522*0.5

Allocated MOH= $261

Managerial accountants:

a. create the company’s financial statements that are submitted to government agencies such as the Internal Revenue Service.

b. negotiate contracts with suppliers

c. create financial reports and provide other types of accounting information to investors.

d. provide managers within the organization with reports to make good business decisions.

Answers

Managerial accountants provide managers within the organization with reports to make good business decisions.

Who are Managerial accountants?

They are account managers, they help a company to manage the financial account and hep to make decisions based on the trend on the account.

They also hep perform various task that is associated with the account.

Therefore, Managerial accountants provide managers within the organization with reports to make good business decisions.

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why do rising sales sometimes give an incomplete, or inaccurate, picture of the effectiveness of tactical decisions?

Answers

Excessive increase in the sales volume sometimes does not depict true growth story of effectively implemented tactical decisions due to heavy discounts or decline in selling price.


What do you mean by tactical decisions?

At the middle level of an organizational structure several officers and executives make strategic planning & decision locally termed as tactical decisions.

Especially, CEO, COO, CFO, and other superior level management in an entity are covered under this category. The more specific application of the directors' overall strategy is the subject matter of tactical decisions and plans.

Major Areas:

> Size and composition of the workforce.

> Marketing and sales tactics.

> Executing confidentiality agreements.

> Budget Allocation, large purchases & target sell price.

> Target Customers.

While declining in sell price is matter of tactical level manager deals with however the sales volume may arise of price fall but the effectiveness will be poor. Thus it will be inaccurate and inappropriate.

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5 Ayesha is a business adviser. Her financial year ends on 30 September. She provided the following trial balance at 30 September 20-3: $ Capital $ Drawings 15200 125000 Premises 95 000 Office equipment Fees from clients 21600 Insurance 3110 Printing and stationery 2480 Wages Office expenses 59 650 3120 Rent receivable Trade receivables 6150 6000 9510 Bank overdraft Cash 65950 150 206460 206460 Prepare Ayesha's income statement for the year ended 30 September 20-3 and a statement of financial position at 30 September 20-3.​

Answers

From the income statement, the net profit is $49,870(loss), the total assets is $181,250 and the total liabilities is $125,000

What is the income statement

Fees from clients: $21,600

Expenses:

Wages: $59,650

Rent: $3,120

Office expenses: $3,110

Printing and stationery: $2,480

Insurance: $3,110

Total expenses: $71,470

Net profit: $21,600 - $71,470 = -$49,870 (Loss)

Statement of Financial Position at 30 September 20-3:

Assets:

Premises: $95,000

Office equipment: $6,000

Rent receivable: $6150

Trade receivables: $6,000

Bank overdraft: $65,950

Cash: $150

Total assets: $181,250

Liabilities:

Drawings: $125,000

Capital:

Capital balance: $15,200

Total liabilities and capital: $181,250

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you mention that r can quickly process lots of data and create high quality data visualizations. what is another benefit of using r for the project?

Answers

Another advantage of the project's use of is the ease with which analyses can be shared and reproduced.

What exactly does data visualization mean?

The graphic display of information is known as data visualization. Data visualization tools offer an easy approach to observe and analyze trends, outliers, etc. patterns within data by utilizing graphic aids like maps, graphs, and maps.

Is SQL a tool for visualization?

A single business information (BI) tool called a Job dashboard tool (or a component of a broader BI platform) directs you thru the process of discovering, exploring, and displaying data. The end product is a panel with dynamic, interactive graphs that assist with trend analysis and insight communication.

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what are the two advantages and two disadvantages in breakevean analysis​

Answers

Answer: See explanation

Explanation:

Break-even analysis tells a business about the number of products which must be sold in order to cover the costs of production.

Advantages of break even analysis include:

1. It enables a business organization to be able to measure the profit and the losses at different stages of the production and sales.

2. It is used to forecast the effect of the changes in the sales prices.

3. It also vital in analyzing the relationship that exist between the fixed cost and the variable costs.

Disadvantages of break even analysis include:

1. It assumes that the sales prices are constant at the levels of output.

2. It also assumes that both the sales and the production are the same.

3. It can be time consuming during its preparation.

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