Depending on the purpose of the money, the Fed has divided it into M1 and M2 categories. Function is hence true.
What really is money in plain English?What is currency? Money is a good that is widely acknowledged as a means of economic exchange. It acts as a vehicle for communicating values and pricing. Since it goes from person to person and from to country, facilitating trade, it is the main indication of wealth.
Why is money so crucial?Because it allows the owner the save the effort and time it takes to synchronize market exchanges, money's function as just an exchange medium make it a simple asset to retain (i.e. by barter). Convenience, especially when time is involved
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2
Select the correct answer.
Which task might a travel agent perform for an individual client?
A.
OB.
O c.
OD.
creating a tour package
hiring local guides
booking a hotel room
guiding on a sightseeing trip
Popot
Option (c) and (d), For a particular customer, a travel agency could arrange a hotel room and provide sightseeing guidance.
What jobs may a travel agent take on for a specific customer?Travel consultants plan itineraries, suggest destinations, and book vacations on their customers' behalf. With travel agencies, individuals and groups planning vacations may purchase hotels, tickets to events, and transportation.
What tasks does a travel agent perform?Sells and creates plans for travel, excursions, insurance, hotels, and lodgings. provides clients with information on vacation spots, people, cultures, customs, and activities. organizes travel, plans payments, and provides funding for necessary costs. includes information about complaints, cancellations, and refunds relating to travel.
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What is the main reason that people purchase insurance policies?
A. they want to reduce the cost of their student or personal loans.
B. They want to avoid paying for major unexpected expenses.
C. They want to avoid increasing their monthly premiums
D. They want to invest money in insurance to grow it over time
Option B is correct. The main reason that people purchase insurance policies is because they want to avoid paying for major unexpected expenses.
What is an insurance policies?An insurance policy can be defined a contract between the insurer and the policyholder which determines the claims which the insurer is legally required to pay. The policy is enforced in an exchange for an initial payment known as the premium in which the insurer promises to pay for loss caused by perils covered under the policy language.
Most of the insurance contracts are designed to meet specific needs and thus have many features not found in many other types of contracts. Because these insurance policies are standard forms, they often feature boilerplate language which is similar across a wide variety of different types of insurance policies.
Some examples of the popular insurance policies includes a Life Insurance, Health Insurance, Disability Insurance, Homeowner's Insurance, Automobile Insurance, Liability Insurance etc,
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Joan Demers launched a professional services firm on March 1. The firm will prepare financial statements at each month-end. In March (its first month), Demers executed the following transactions. Demers (owner) invested in the company, $150,000 cash and $30,000 in property and equipment. The company issued common stock to Demers. The company paid $5,000 cash for rent of office furnishings and facilities for March. The company performed services for clients and immediately received $10,000 cash earned. The company performed services for clients and sent a bill for $20,000 with payment due within 60 days. The company compensated an office employee with $6,000 cash as salary for March. The company received $12,000 cash as partial payment on the amount owed from clients in the 4th transaction above. The company paid $2,000 cash in dividends to Demers (owner). What is the net operating income for the month of March
Answer:
the net operating income is $19,000
Explanation:
The computation of the net operating income is shown below:
As we know that
Net Operating Income = Revenue - Costs
= $10,000 + $20,000 - $5,000 -$6,000
= $19,000
Hence, the net operating income is $19,000
we simply deduct the cost from the revenue so that the net operating income could come
What are The two segments of the organization's environment
PLEASE HELP!! This is economics/business work. Will give brainliest if correct!!
What generally occurs in an economy as specialization increases?
A. The division of labor increases.
B. Production decreases.
C. The division of labor decreases.
D. Production increases.
SUBMD
In an economy as specialization increases the production also increases. Thus the option (B) is correct.
What is specialization?Specialization refers to the process of becoming expert in certain field For example: CS engineer is expert in coding and is the computer developer.
When the economy is in the verge of increased specialization leads to the growth in the standard of living. The standard of living increases then people tends to spend more which eventually increases the level of production.
Thus the option (B) is correct.
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Before filing a consumer complaint, you should
A. write a negative review
B. threaten legal action
C. gather documentation
D. consult a lawyer
Please help!
Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom. According to O*NET, what are common work contexts for Film and Video Editors? Check all that apply.
(1) extremely bright or inadequate lighting
(2) spend time sitting
(3) exposed to disease or infections
(4) indoors, environmentally controlled
(5) face-to-face discussions
(6) deal with physically aggressive people
Answer:
BCD is wrong on Edge 2021.| The real Answer is BDE... (Edit)
Explanation:
Using resources from comments on the anwser above (or below) and the bad rating meant that is was wrong. And was also wrong for me.
The REAL ANWSER IS BDE..
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5/28/2021
Which of the following is not true of the critical path?
a. critical path can not be changed during the life of project.
b. critical path is always longest in a network.
c. critical path demands careful monitoring and controlling.
d. all of the answers are correct.\
The statement that not true of the critical path is critical path can not be changed during the life of project.
What is critical path?Critical path is a method in project graph to determine the minimum time that necessary to complete the entire of project. The critical path can be calculated by sum the longest time of path from start to finish.
Since, it calculate the entire project, the critical path need to estimated all activities. But, often the unforeseen circumstances make the duration in one activities changed, and this will make the original critical path no longer relevant.
Thus, the critical path will not remain static and can be changed during the completion of project. So, the option A is not true.
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Phil Nelson wants to retire in Hawaii when he is 66 years old. Phil is
now 48. He believes he will need $350,000 to retire comfortably. To
date, Phil has set aside no retirement money. Assume Phil could
invest at 5% compounded semiannually. How much must Phil invest
today to meet his $350,000 goal?
Answer:
$60,449
Explanation:
To find the answer, we use the following formula:
FV = PV (1 + i)^n
Where:
FV = Future value (in this case, the $350,000 Phill believes he will need).
PV = Present value (the value we will find).
i = interest rate
n = number of compounding periods (36 periods in this case, because Phill will save for 18 years, and the interest rate compounds semiannually, so 18 x 2 = 36)
Now, we plug the amounts into the formula:
350,000 = PV (1 + 0.05)^36
350,000 = PV (5.79)
350,000 / 5.79 = PV
60,449 = PV
Thus, Phill ll need to invest $60,449 today, to meet his $350,000 goal.
What is the current value of a $1000 Treasury inflation-protected security if the reference CPI is 203.19 and the current CPI is 205.47? The coupon rate is 3 percent and the bond was issued two years ago.
Answer:
the current value fo $1,000 is $1,011.22
Explanation:
The computation of the current value of $1,000 is shown below:
Current value
= Price × (Current CPI ÷ Reference CPI) × 100
= $1,000 × (205.47 ÷ 203.19)
= $1,011.22
We basically applied the above formula so that the current value would come
Hence, the current value fo $1,000 is $1,011.22
According to the diagram pictured:
What’s the prevailing price for the product given the introduction of world price?
15
12
8
10
According to the diagram the prevailing price for the product given the introduction of world price is Pw = 15 (Option A).
What happens to a market when a price is imposed by the government?When a price is imposed by the government, it creates a situation of price control, where the government either sets a minimum or maximum price that can be charged for a good or service.
In the case of a price floor (minimum price), this can result in an excess supply of the good or service, as suppliers are unable to sell all their products at the government-mandated price.
In the case of a price ceiling (maximum price), it can lead to a shortage of the good or service, as suppliers are unwilling to supply the product at a price lower than the market equilibrium.
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as a project manager for a large construction company, Shaun decided to make the performance appraisal process as painless as possible for his crew. he spent a considerable amount of time creating performance standards he felt were reasonable, and after six months' time, he scheduled individual appointments with each worker to discuss strengths and weaknesses and areas that needed improvement according to the standards he privately set. some employees were sent to vestibule training, and one even got a promotion with additional compensation. what did he fail to do correctly?
1, communicate the performance standards to the employees so they know what is expected
2, copy the HR department on all the results, within 24 hours of each appraisal
3, dismiss at least 10% of the work crew.
4, provide a pleasant environment for the appraisal such as a restaurant setting.
Answer:
he failed to communicate expected performance standards to the employees
Explanation:
this is because the employees could have continued with their current performance instead of changing it to adapt to the expected situation
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Does Audit services needed in Auchi polytechnic student union government? If yes,why
Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.
.
What is the student union?The student union is known to be a body that is composed of student of any university, polytechnic or college institution.
It is known to be a body that is autonomous and one whose internal life set up its own by-laws.
Note that the student unions are often allocated funds by the university or polytechnic and as such they have to use the audit service because some of their leaders may squander the money given to them., So this will help to checkmate them.
Hence, Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.
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A manager’s position in the organization, ability to give out rewards, and other factors give the manager ____________, which is the potential to impact the behavior of other people.
A. power
B. influence
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What could a consumer do to help his or her community? *financial literacy*
A. buy imported goods
B. user fewer plastic utensils
C. buy goods online
D. purchase goods produced locally
A consumer can help his or her community financial literacy wise by purchasing the goods produced locally because its helps the economy in GDP.
What is financial literacy?A financial literacy refers to a possession of an ability to understand financial skills including personal financial management, budgeting, investing etc
Hence, a consumer can help his or her community financial literacy wise by purchasing the goods produced locally because its helps the economy in GDP.
Therefore, the Option C is correct
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There are six workers, one at each of the six stations (A-F). They begin their workday at 8:00 a.m. and work steadily until 4:00 pm. (They are replaced with other workers for breaks and lunches, but the production is not slowed or stopped during these times.) Their hourly wage rate is $25 per hour. You can assume unlimited demand.
What are the direct labor costs (you can ignore any start-up or empty system effects)associated with producing one razor, in dollars?
The direct labor costs is $ 1500
What is Direct Labor Costs?
Wages paid to employees directly related to producing goods or rendering customer services are referred to as direct labor costs. The overall direct labor cost exceeds wages paid by a significant amount.
Any employee directly involved in a product's manufacturing is referred to as direct labor.
Calculation for What is the process capacity in razors/hour
Based on the information given we would be using process capacity of station D Assembly 3:
Process capacity of D = 1/60*60sec * 60 mins
Process capacity of D = 1/60*3600 razors per hour
Process capacity of D = 60
Therefore, the process capacity in razors/hour will be 60.
Since, their hourly wage rate is $25 per hour. Therefore, the direct labor costs is
= 60 * 25
= $ 1500
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Ship Co. produces storage crates that require 1.2 meters of material at $.85 per meter and 0.1 direct labor hours at $15.00 per hour. Overhead is applied at the rate of $9 per direct labor hour. What is the total standard cost for one unit of product that would appear on a standard cost card?
Answer:
Standard cost= $3.42
Explanation:
Giving the following information:
Ship Co. produces storage crates that require 1.2 meters of material at $.85 per meter and 0.1 direct labor hours at $15.00 per hour. Overhead is applied at the rate of $9 per direct labor hour.
To calculate the standard cost we need to use the following formula:
Standard cost= standard direct material + standard direct labor + allocated overhead
Standard cost= 1.2*0.85 + 0.1*15 + 9*0.1
Standard cost= $3.42
the oriole mills company has just disclosed the following financial information in its annual report sales of 1.47 million, cost of goods sold of $817,100, depreciation expenses of $179,600, and interest expenses of $ 94,000. Assume that the firm has an average tax rate of 29 percent. Compute the cash flows to investors from operating activity.
The cash flows to investors from operating activities for Oriole Mills Company is $543,973.
To compute the cash flows to investors from operating activities, we need to start with the net income and make adjustments for non-cash expenses and changes in working capital. The formula to calculate cash flows from operating activities is as follows:
Cash Flows from Operating Activities = Net Income + Depreciation Expenses + Non-Cash Interest Expenses - Increase in Current Assets + Increase in Current Liabilities + Decrease in Current Assets - Decrease in Current Liabilities
Given the financial information provided, we can calculate the cash flows to investors from operating activities as follows:
Net Income:
Net Income = Sales - Cost of Goods Sold - Depreciation Expenses - Interest Expenses - Taxes
Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - ($1,470,000 - $817,100 - $179,600 - $94,000) * 0.29
Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - ($379,300 * 0.29)
Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - $109,927
Net Income = $269,373
Depreciation Expenses = $179,600
Non-Cash Interest Expenses = $94,000
Changes in Working Capital:
Increase in Current Assets = 0 (no information provided)
Increase in Current Liabilities = 0 (no information provided)
Decrease in Current Assets = 0 (no information provided)
Decrease in Current Liabilities = 0 (no information provided)
Finally, we can calculate the cash flows to investors from operating activities:
Cash Flows from Operating Activities = $269,373 + $179,600 + $94,000 + 0 + 0 + 0 + 0
Cash Flows from Operating Activities = $543,973
Therefore, the cash flows to investors from operating activities for the Oriole Mills Company is $543,973.
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The Wong family bought a $190,000 home in 2001. They obtained a mortgage loan for 30 years. The monthly payment, not including property taxes and insurance, is $995. How much total principal and interest will they pay for the house after 30 years?
$168,200
$190,000
$358,200
$548,200
Based on the amount that the Wong family pays every month, the total amount of interest and principal that they will pay after 30 years is $358,200.
How much will the Wong family pay in total?The monthly payment of $995 includes both the interest payment and the principal.
The total to be paid in 30 years is:
= Amount per month x Number of months in year x Number of years paid
= 995 x 12 x 30
= $358,200
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Answer:
c or $358,200
Explanation: edg 2023
A contestant asks for 200,000 for 25% of their business, what value have they placed on their entire company?
Answer:
$800,000
Explanation:
25% of the business is equal to 200,000, according to the contestants.
The entire company value is equivalent to 100%
25% = 200,000
100% = ?
100% = 200,000/25 x 100
=$8,000 x 100
=$800,000
successfulness of the competition policy in South Africa
In light of the information presented above, identify and discuss the characteristics of the market structure that fits the fast food industry in South Africa. Using diagrams, explain the short and long run profit maximization of this particular market structure.
The fast food industry in South Africa can be classified as an oligopoly market structure.
In the short run, a profit-maximizing oligopoly firm in the fast food industry will operate where marginal revenue (MR) equals marginal cost (MC). The firm's demand curve is downward sloping, indicating that it can increase its profits by lowering its price and increasing its output. However, because the industry is oligopolistic, a firm's price and output decisions can affect its competitors' profits.
In the long run, the entry of new firms into the market is limited due to high barriers to entry. The existing firms can earn economic profits in the long run. The threat of potential new entrants can prevent firms from charging excessively high prices. In the long run, a profit-maximizing oligopoly firm will operate where price equals average total cost (ATC).
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The complete question is :
In light of the information presented above, identify and discuss the characteristics of the market structure that fits the fast food industry in South Africa. Explain the short and long-run profit maximization of this particular market structure.
Castille sold 35 shares of stock for $47.50 a share. She bought the stock for $51 a share
last year. What was her dollar return (loss), not counting the commission?
$_____loss
Answer:
$122.50
Explanation:
The loss will be selling price minus buying price
Loss = (35 x $47.50) - ($35 x 51)
Loss = $1,662.50 - $1,785.00
Loss = -$122.50
Loss = $122.50
The global team comprised of individuals located in multiple countries is becoming increasingly common in business today. These teams tend to be more complex than traditional teams located in a single country, and so require different approaches to leadership.Identify whether each characteristic is most likely to be associated with a traditional team or a global team.Traditional Team—Single Context. Global Team—Multiple Contexts-Work within time Zone-Few opportunities for face-to-face and informal interactions-one location for work-Native and non-native speakers, several work languages-Task contained within organizational and national boundaries-Multiple national cultures in multiple geographies
Traditional teams work within a single context, often in one physical location, with a single language and culture. Contrary, global teams work across multiple contexts and physical locations, with diverse languages and cultures.
Key Characteristics of Traditional Teams and Global Teams
In today's business environment, global teams are becoming increasingly common, and they are more complex than traditional teams. Traditional teams work within a single context, often in one physical location, and usually within a single time zone. They have many opportunities for face-to-face and informal interactions and typically work with native speakers of a single language. Tasks are contained within organizational and national boundaries, and there is typically one national culture.
In contrast, global teams work across multiple contexts, often spanning multiple time zones. They have few opportunities for face-to-face and informal interactions, as team members may be located in different countries and even continents. They work in multiple physical locations and may have native and non-native speakers, with several work languages. The tasks they perform cross organizational and national boundaries, and team members may come from multiple national cultures.
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For every problem-solving activity it is crucial that no less than five alternatives be considered.
False
True
(false)
Answer:
true
Explanation:
beacause
if investors feel that business conditions will deteriorate in the future, the demand for loans and real interest rate in the loanable funds market will change in which of the following ways in the short run?
Based on the balance sheets above for three different banks, which of the following is true, if the reserve requirement is 10 percent Bank B can increase its loans by $40.
What is balance sheets?The term balance sheet refers to a financial statement that reports a company's assets, liabilities, and shareholder equity at a specific point in time. Balance sheets provide the basis for computing rates of return for investors and evaluating a company's capital structure.In short, the balance sheet is a financial statement that provides a snapshot of what a company owns and owes, as well as the amount invested by shareholders. Balance sheets can be used with other important financial statements to conduct fundamental analysis or calculate financial ratios.The balance sheet provides an overview of the state of a company's finances at a moment in time. It cannot give a sense of the trends playing out over a longer period on its own. For this reason, the balance sheet should be compared with those of previous periods.To learn more about shareholder equity refer to:
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in a 3 - 4 page essay, discuss warren Buffett's approach to business dealings, especially as they relate to business ethics.
Compare that approach to Benie Madoff's.
Apply ethical philosophies that you have learned about in this module and state which you think apply to Mr. Buffett.
Which ethical philosophies apply to Mr. Madoff? Why?
In this essay, we explore Warren Buffett's ethical approach to business, compare it to Bernie Madoff's, and analyze the applicable ethical philosophies for each.
Here are the steps to be followed:
1. Introduction:
2. Warren Buffett's Approach to Business Dealings and Business Ethics:
Explain Warren Buffett's overall approach to business dealings.Discuss his stance on business ethics, emphasizing any specific principles or values he adheres to.Provide examples or case studies that demonstrate Buffett's ethical decision-making in his business practices.Discuss the impact of his ethical approach on his reputation and long-term success.3. Bernie Madoff's Approach to Business Dealings and Comparison to Buffett:
Describe Bernie Madoff's approach to business dealings, specifically in relation to ethics.Highlight any unethical practices or actions committed by Madoff, such as his infamous Ponzi scheme.Compare and contrast Madoff's approach to Buffett's approach, pointing out the key differences in their ethical standards and behaviors.Discuss the consequences of Madoff's unethical actions, including the financial losses and damage to investors.4. Application of Ethical Philosophies to Warren Buffett:
Introduce the ethical philosophies that you have learned in the module.Identify which ethical philosophies apply to Warren Buffett based on his approach to business dealings.Explain why you believe these philosophies are applicable and provide supporting evidence or examples from Buffett's actions or statements.Discuss the implications and benefits of Buffett aligning with these ethical philosophies.5. Ethical Philosophies Applicable to Bernie Madoff and Reasons:
Analyze the ethical philosophies that can be applied to Bernie Madoff's actions.Discuss which ethical philosophies are relevant to understanding Madoff's unethical behavior.Provide justifications and explanations for the selected ethical philosophies, considering how they align with Madoff's actions or motivations.Reflect on the consequences of Madoff's departure from ethical principles.6. Conclusion:
Summarize the key points discussed in the essay regarding Warren Buffett's approach to business dealings and ethics, as well as the comparison to Bernie Madoff.Emphasize the importance of ethical decision-making in business and the long-term implications it can have.Offer any final thoughts or insights on the topic.Remember to support your arguments with evidence, examples, and references to credible sources. Properly cite any sources used in your essay according to the appropriate citation style.
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Scott used $4,000,000 from his savings account that paid an annual interest of 5% to purchase a hardware store. After one year, Scott sold the business for $4,100,000. His accounting profits is:
Answer:
$100,000
Explanation:
Accounting profit = Revenue - Explicit Cost
$4,100,000 - $4,000,000 = $100,000
Accounting profit does not taken into account opportunity cost or implicit cost. The implicit cost here is the amount of interest forgone by starting the store
This interest rate would have been earned if he left the money in his account
explain the changing nature of public administration
The nature of public administration has undergone significant changes over the years. Traditional public administration was characterized by hierarchical structures.
However, with the increasing complexity of modern society, new challenges have emerged that require a more flexible and responsive approach to public administration.
One of the key changes in public administration has been the shift towards more participatory and collaborative approaches. This has been driven by a growing recognition of the importance of engaging citizens and stakeholders in decision-making processes, and the need to build trust and legitimacy in government institutions.
Another important change has been the adoption of technology in public administration. From e-government initiatives to data-driven decision-making, technology has transformed the way that government organizations operate and interact with citizens.
At the same time, there has been a growing emphasis on performance management and accountability in public administration. This has involved the development of performance metrics, the use of benchmarking and evaluation, and a focus on outcomes rather than inputs.
Overall, the changing nature of public administration reflects the broader shifts in society towards greater complexity, interdependence, and accountability. While there are still many challenges to be addressed, the evolution of public administration offers hope for more effective and responsive governance in the years to come.
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