The united states and south korea are trading partners, and the united states has a zero current account balance. assume now that the inflation rate in the united states decreases relative to the inflation rate in south korea.
a. Based on the decrease in the inflation rate in the United States, will United States exports to South Korea increase or decrease?
b. Based on the change in United States exports in part (a), answer each of the following
i. Will the United States current account balance remain at zero, be in surplus, or be in deficit?
ii. What will happen to real gross domestic product in the United States in the short run?
c. The South Korean currency is the won. Draw a correctly labeled graph of the foreign exchange market for the United States dollar. Show the effect of the lower inflation rate in the United States on the won price per United States dollar.

Answers

Answer 1

If the inflation rate in the United States decreases relative to the inflation rate in South Korea, the United States current account balance will be in surplus.

This is because lower inflation in the United States will make its exports relatively cheaper, leading to an increase in demand for US goods and services. In contrast, higher inflation in South Korea will make its exports relatively more expensive, leading to a decrease in demand for Korean goods and services. As a result, the United States will experience an increase in net exports, which will lead to a surplus in its current account balance.
Regarding the graph of the foreign exchange market for the US dollar and the South Korean won, a decrease in the inflation rate in the United States will lead to an appreciation of the US dollar relative to the South Korean won. This is because lower inflation in the United States makes the US dollar relatively more valuable, leading to an increase in demand for US dollars. As a result, the price of the US dollar in terms of the South Korean won will increase, leading to an upward shift in the demand curve for the US dollar. This shift will cause the exchange rate to increase, indicating an appreciation of the US dollar relative to the South Korean won.

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Related Questions

now the government imposes a sales tax of $4 per smartphone charger. draw a point to show the price paid by buyers and the quantity bought. label it 2. draw a point to indicate the price received by sellers and the quantity sold. label it 3.

Answers

The imposition of a sales tax of $4 per smartphone charger affects both buyers and sellers in the market. To illustrate this, we can draw a supply and demand graph.

1. Price paid by buyers and quantity bought (labeled as Point 2): We can represent the price paid by buyers on the vertical axis (y-axis) and the quantity bought on the horizontal axis (x-axis). With the imposition of the $4 sales tax, the price paid by buyers will increase. For example, if the original price of a smartphone charger was $10, buyers would now have to pay $14 ($10 + $4 tax). We would draw a point on the graph at the intersection of the demand curve and the new price level of $14, showing the quantity of smartphone chargers bought.

2. Price received by sellers and quantity sold (labeled as Point 3): The price received by sellers is the amount they receive after deducting the sales tax. In this case, if buyers are paying $14 (including the $4 tax), sellers will receive $10 ($14 - $4 tax). We would draw a point on the graph at the intersection of the supply curve and the new price level of $10, representing the quantity of smartphone chargers sold.

It's important to note that the specific positions of points 2 and 3 will vary depending on the supply and demand curves for smartphone chargers. The graph helps visualize the impact of the sales tax on both buyers and sellers in terms of prices and quantities.

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The GUI is an index used by the OS to manage computer files,
O False
O True

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Answer: I think it's true

during the introduction stage sales are ______ and profit is ______.

Answers

Product Life cycle Management has several stages. The stages determined the growth and low downs of product. During the introduction stage, sales are growing slow(low) and profit is minimal.

Market Introduction stage is often called the introduction stage that has a low growth rate of sales as the product is said to be recently brought into limelight and consumers may not know much about it.

Most times, firms do experience losses rather than profits during this stage. and so when product is new on the market and small or no profit is made due to high costs and low sales.

Conclusively, the stage gives a lot of opportunities such as low competition in the market.

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There is an IT company whose strategy is to distinguish itself by developing high quality innovative technology. As the Director of HRM you are responsible for ensuring that HRM practices are consistent with that strategy. What are two ways HRM can support that specific strategy?

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HRM can support the IT  strategy of developing high-quality innovative technology by implementing effective recruitment and talent management practices.

1. Effective Recruitment: HRM can ensure that the company attracts and hires top talent with a strong background in technology and innovation. By designing recruitment processes that identify candidates with the desired skills, knowledge, and creativity, HRM can help build a workforce that is capable of driving innovation. This may include targeted sourcing, rigorous screening, and assessment methods that assess candidates' technical expertise and problem-solving abilities. 2. Talent Management: HRM can develop strategies for talent development and retention that align with the company's focus on high-quality innovation. This may involve providing opportunities for skill enhancement, continuous learning, and career growth. HRM can design training and development programs that foster a culture of innovation, encourage creativity, and enhance employees' technical competencies. Additionally, implementing performance management systems that recognize and reward innovation and contributions to technology advancement can help motivate and retain employees aligned with the company's strategic direction. By aligning recruitment practices with the desired skills and capabilities and implementing talent management initiatives that foster innovation, HRM plays a critical role in supporting the IT company's strategy of distinguishing itself through high-quality innovative technology.

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The general ledger can be used to determine which of the following (select all answers which apply): Multiple select question. which accounts are being used by a company and their balances at any given time. common and unique accounts used by a business. increases and decreases in all accounts in a business. a complete record of each transaction in one account.

Answers

Answer:

✓which accounts are being used by a company and their balances at any given time.

✓common and unique accounts used by a business.

✓increases and decreases in all accounts in a business.

Explanation:

In domain of bookkeeping, General ledger can be regarded as nominal ledger, which is bookkeeping ledger in which accounting data is been posted from journals as well as subledgers. The subledgers could be cash management, purchasing and projects, accounts payable and accounts receivable as well as fixed assets. It should be noted that general ledger can be used to determine;

✓increases and decreases in all accounts in a business.

✓which accounts are being used by a company and their balances at any given time.

✓common and unique accounts used by a business.

The general ledger can be used to determine:

which accounts are being used by a company and their balances at any given time.the common and unique accounts used by a businessan increases and decreases in all accounts in a business.

In accounting, a general ledger refers to a record that entails all financial transaction of a firm that provide an accurate entries for financial statements.

Hence, the general ledger can be used to determine which accounts are being used by a company and their balances at any given time, the common and unique accounts used by a business and an increases and decreases in all accounts in a business.

Therefore, the Option A, B and C is correct.

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assuming net income for the year is $235,000, what is the net cash flows from operating activities given the following information: increase in salaries payable $ 18,500 depreciation expense $ 9,000 increase in prepaid rent $ 28,000 loss on sale of asset $ 1,400 increase in accounts payable $ 27,000 increase in inventory $ 82,000

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The net cash flows from operating activities is $180900.

What is Cash Flows?

The net amount of cash and cash equivalents transported into and out of a corporation is referred to as cash flow. Inflows are represented by cash received, whereas outflows are represented by money spent.

It is required for everyday operations, taxes, inventory purchases, staff compensation, and operational expenditures. Positive cash flow shows an increase in a company's liquid assets.

Net operating Income is computed using the following schedule :-

Net income                                                     $235,000

Add:depreciation expense                               9,000

Add: loss on sale of asset                                  1,400

Add: increase in salary payable                         18,500

Less: increase in prepaid rent                             (28000)

Add: increase in accounts payable                      27000

Less: increase in inventory                                   (82,000)

Net operating cash flow                                       $180900

Therefore, it can be concluded that the net cash flow from operations is $180900.

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According to the video, which tasks do Urban and Regional Planners perform? Check all that apply.
developing recommendations to improve medical care
o promoting the best use of land and resources
developing plans for growth and renewal
promoting campaigns for political elections
reviewing applications for government assistance

Answers

Answer:

Got it right on Edge!

Explanation:

According to the video, which tasks do Urban and Regional Planners perform? Check all that apply.developing

Promoting the best use of land and resources and developing plans for growth and renewal are the tasks performed by Urban and Regional Planners.

Who are Urban and Regional Planners?

Among other areas of interest, urban and regional planners may choose to specialise in topics like transportation planning, community development, historic preservation, or urban design. Public servants, civil and environmental engineers, architects, attorneys, and real estate developers are all common collaborators with planners.

Urban and regional planners design land use plans and policies that support the development of communities, population growth, and the renewal of physical infrastructure.

Therefore, the tasks that Urban and Regional Planners perform are promoting the best use of land and resources developing plans for growth and renewal.

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The following table shows the average returns for some of the largest mutual funds commonly found in retirement plans. (Assume end-of-month deposits and withdrawals and monthly compounding, and assume that the quoted rate of return continues indefinitely.) Mutual Fund Fidelity Growth Company Vanguard 500 Index PIMCO Total Return Vanguard Total Bond Market Index Rate of Return 14.83% 13.25% 2.77% 2.67% Type Stock fund Stock fund Bond fund Bond fund For the past 15 years you have been depositing $300 per month in the PIMCO bond fund, and you have now transferred your current balance to the Vanguard bond fund, where you plan to continue depositing $300 per month until you retire in 20 years. How much can you anticipate having in the investment when you retire? HINT [See Example 1.] (Round your answer to the nearest cent.) I need to calculate the Vanguard bond fund investment.

Answers

To calculate the anticipated value of the Vanguard bond fund investment, we need to consider the monthly deposits, rate of return, and the time until retirement. By using the formula for future value of a series of deposits, we can determine the total amount accumulated in the investment when the individual retires.

To calculate the anticipated value of the Vanguard bond fund investment, we can use the future value of a series formula. Given a monthly deposit of $300 and a rate of return of 2.67%, compounded monthly, we can calculate the future value of the investment after 20 years.

Using the formula for future value of a series of deposits:

FV = P * (\((1 + r)^n - 1\)) / r

where FV is the future value, P is the monthly deposit, r is the monthly rate of return, and n is the number of periods, we can substitute the values into the formula. In this case, the monthly deposit is $300, the monthly rate of return is 2.67% (expressed as a decimal), and the number of periods is 20 years multiplied by 12 months.

After performing the calculation, rounding the result to the nearest cent will give us the anticipated value of the investment in the Vanguard bond fund when the individual retires.

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Tennyson's ultimate goal is to work as the CEO of an advertising agency. One of her goals is to "gain the required experience for the position." What type of goal would this be?
OA performance-based
OB. time-based
O C.
OD. long-term
mid-term

Answers

The type of goal that is been used when Tennyson's ultimate goal is to work as the CEO of an advertising agency and one of her goals is to "gain the required experience for the position is B. time-based goal.

What is  time-based goal?

Time-based goal can be described as the goal  that is been focused so that it can be achieved on a  target date,  it involve focusing on a particular thing at a time so as to be successful in it.

In conclusion, from the case above , we can see that her goal is to work as the CEO of an advertising agency which is specific and have time.

Therefore, option B is correct.

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The KimTay database must combine data from all of its tables in order to print a(n) _____. -inventory report -invoice -sales rep directory -customer directoryAs Figure 1-1 shows, a KimTay invoice includes information that is stored in all five database tables: customer information, the sales rep's name, invoice number and date, purchased line items, and item descriptions

Answers

The KimTay database must combine data from all of its tables in order to print an invoice.

An invoice is a document that contains information about a customer's purchase, including the items purchased, the prices of the items, the total amount due, and other relevant details. In order to create an invoice, the KimTay database needs to combine data from all five of its tables, including the customer information table, the sales rep directory table, the inventory table, the invoice table, and the line item table.

By combining information from these tables, the database can generate an accurate and complete invoice for each customer transaction.

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Explain how savers would respond if the interest rate on savings accounts increased. Would they increase or decrease their amount of savings? What about borrowers? Would they increase or decrease their amount of borrowing if the interest rate on loans increased? Explain why.

Answers

Answer:

1. Savers increase their savings as interest rate increases

2. Borrowers decrease their borrowing as interest rate on loans increases

Explanation:

1.

Interest rates are a great determinant of what those who save money get on their deposits. When interest rate increases, people tend to save more so as to earn more interest on their deposits. So it encourages savings. Therefore as interest rate increases savers would increase their amount of savings.

2.

For borrowers, more interest rate on loan amount discourages borrowing. More interest rate means that they would have to pay back more money on the loan amount they borrowed. This implies a rise in the cost of borrowing. So the borrower decreases the amount of borrowing if interest rate on loan increases.

Savers will increase their savings as interest rate increases. Borrowers will borrow less as interest rate increases.

What is interest rate?

Interest rate is an amount charged by a lender to a borrower for any form of debt given, generally expressed as a percentage of the principal.

Interest rate to savers

Higher interest rate encourages savings. When interest rate increases, people tend to save more so as to earn more interest on their deposits.

The above means that savers will increase their amount in savings if the interest rate on savings accounts increases.

Interest rate to borrowers

Higher interest rate discourages lenders from borrowing more. More interest rate means that they would have to pay back more money on the loan amount they borrowed.

It therefore means that borrowers will decrease the amounts of borrowing if the interest rate on loans increases.

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non-transferable relationships can only be mandatory, not optional. true or false?

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The statement "Non-transferable relationships can only be mandatory, not optional" is false. Non-transferable relationships can be both mandatory and optional, depending on the circumstances and the parties involved.

A non-transferable relationship is a type of relationship where the parties involved cannot transfer their rights or obligations to a third party. Examples of non-transferable relationships include personal relationships like marriage, professional relationships like employment contracts, and commercial relationships like licensing agreements.

It is not true that non-transferable relationships can only be mandatory. While some non-transferable relationships may be mandatory, such as a marriage or an employment contract, others may be optional, such as a licensing agreement between two businesses. In the case of optional non-transferable relationships, the parties involved have a choice to enter into the agreement or not, and the terms of the agreement can be negotiated between the parties.

Therefore, the nature of a non-transferable relationship depends on the specific context and the parties involved. Some non-transferable relationships can be both mandatory and optional, while others may only be one or the other. It is important to carefully consider the terms and conditions of any non-transferable relationship before entering into it to ensure that it meets the needs and objectives of all parties involved.

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For each lease below identify whether the short-term lease recognition exemption would be available. Fill in the columns by dragging and dropping the options from below, and then select Submit.

Answers

Here is the analysis of whether the short-term lease recognition exemption would be available for each lease:

How to explain the lease

Lease 1: Lease term: 11 months

Option to purchase: No

The short-term lease recognition exemption would be available for this lease because the lease term is 12 months or less and there is no option to purchase the underlying asset.

Lease 2:Lease term: 10 months

Option to purchase: Yes, but the lessee is not reasonably certain to exercise the option.

The short-term lease recognition exemption would be available for this lease because the lease term is 12 months or less and the lessee is not reasonably certain to exercise the option to purchase the underlying asset.

Lease 3: Lease term: 11 months

Option to purchase: Yes, and the lessee is reasonably certain to exercise the option.

The short-term lease recognition exemption would not be available for this lease because the lease term is 12 months or less, but the lessee is reasonably certain to exercise the option to purchase the underlying asset.

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Which are examples of copyrighted online materials? Check all that apply.

an article from an Internet magazine
lyrics for a song written in the 1800s
photos taken by a student on his blog
a video game that is free for anyone to copy
an illustration sold by an artist on her website
an excerpt from a novel published in 1913

Answers

Answer:

a and d

Explanation:

Answer:

A & E

Explanation:

edge test

when 16-year-old vu agreed with his parents that his career would be to continue the family business, he was exhibiting:quizlet

Answers

The correct option is B. Foreclosure When 16-year-old Vu agreed with his parents that his career would be to continue the family business, without exploring any other options, Marcia would say he was exhibiting.

How does identity foreclosure differ from identity moratorium?

When Conversely, identity foreclosure is a position of identity marked by commitment without consideration of alternatives, as opposed to the moratorium, which involves consideration without commitment.

When someone commits to an identity without first considering their options, they are said to be in foreclosure status. The person has created an identity based on the decisions or values of others without ever experimenting with their own identity.

Thus, B is the right answer.

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Your question is incomplete most probably your complete question was:

When 16-year-old Vu agreed with his parents that his career would be to continue the family business, without exploring any other options, Marcia would say he was exhibiting:

a. moratorium.

b. foreclosure.

c. identity achievement.

d. identity diffusion.

A(n)
is a tax issued by the federal government on imported goods.
sales tax
tariff
excise tax

Answers

Answer: tariff

Explanation:

I took the test

EXAMPLE 1: invests $500 at a simple
interest rate of 6%. How much interest will he earn in
one month? In six months? In one year?

Answers

One month: $30
Six months: $180
One year: $360

Total value systems work best if
Multiple Choice
1. logistics is outsourced.
2. all parts are strategically leveraged.
3. individual elements focus on success.
4. the process is outsourced.
5. the process is completed in-house.
In the international business world, the logistics function manages the global supply chain. The twin objectives of logistics are to manage a firm's global supply chain at the lowest possible cost and in a way that best serves customer needs.
The potential for reducing costs through more efficient logistics can be achieved by using the just-in-time (JIT) inventory method as well as web-based information systems for modern materials management.

Answers

Answer:

 

The correct answer is B)

Explanation:

A Total Value System works best if all components of the system are leveraged strategically.

A Total Value System is the sum of business and or corporate entities and the value-adding operations which are involved in the creation of the final product and or service to a consumer.

To strategically leverage the total value system means to ensure that each firms activity:

Support the key operations of one anotherand that each activity plugs the weaknesses of the other

The efficiency of a properly leveraged network of value systems is reflected in the time taken and cost of value each activity.

Cheers!

 

What are the advantages and disadvantages of the three primary business writing formats?

Answers

Answer and Explanation:

The business writing formats benefits and disadvantages of the three primary business writing formats are described below:-

A memorandum is a formal define that it is the way of communication that enables corporations to connect with their workers. This is typically used to distribute updates or issues.

Memos are highly increasingly being replaced by e-mail, so sending a memo is more difficult and costly. Therefore, a Business Letter is a structured communication method that's best used to connect with clients.

It generally takes more time to write and format a business letter than to write an email or memo.

As we know that an Email is easy to send and priceless, and make enable to send message to many people at a time also Many unwritten e-mails etiquette rules and can be too casual for many business purposes.

Business writing formats includes the use of memorandum, email business letters etc. The advantages and disadvantages of the three primary business writing formats are:

A Memorandum: (Advantages)

This is simply a formal, internal communication tool which allows companies to communicate with their employees. It is known to be used to deliver announcements or problems.

Disadvantages

Memos are said to be rapidly been replaced by e-mail due to the fact that it is more complicated and expensive to deliver a memo.

Business letters (Advantages)

A Business Letter is simply known as a formal communication tool which is utilized for communicating with customers.

Disadvantages

Writing and formatting a business letter often takes more time than composing a memo or e-mail.

Emails (Advantages)

E-mail is quick, easy and cheap, and allows you to send messages instantly to any number of people.

Disadvantages

E-mail has too much unwritten rules  to follow (etiquette) and it is too informal for many business purposes.

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If a benevolent social planner chooses to produce less than the equilibrium quantity of a good, then?.

Answers

The value placed on the final unit of production by consumers exceeds the cost of production if a good social planner decides to produce less of a good than the equilibrium quantity.

What is the definition of equilibrium quantity?

When a product is in equilibrium quantity, there is neither a shortage nor a surplus on the market. When supply and demand cross, the amount of a good that consumers want to buy is equal to the amount that its manufacturers are supplying. In other words, prices have stabilized to suit all parties, bringing the market to a perfect state of equilibrium.

The optimal quantity and price of a good or service can be calculated using a model from elementary microeconomics. The supply and demand model, which forms the cornerstone of market capitalism, serves as the foundation for this theory. It makes the supposition that both producers and consumers act predictably and consistently and that no outside factors affect their choices.

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T_
------ Y
Robotics and automation are increasingly used in
the travel and tourism industry to handle labour
intensive and mundane tasks.

T_------ YRobotics and automation are increasingly used inthe travel and tourism industry to handle labourintensive

Answers

Answer:

Yes.robotics and automation are increasingly used in the travel and tourism industry of handle labour intensive and mundane tasks

Many interest groups face the ______ when recruiting members who can gain the benefits of their activities whether or not they join.

Answers

Many interest groups face the free rider problem when recruiting members who can gain the benefits of their activities whether or not they join.

The free rider problem occurs when individuals can reap the benefits of a collective action without contributing to its cost. This often results in a lower level of participation and support for interest groups, as individuals may choose to free ride and not join or contribute to the group's efforts. To combat this problem, interest groups may offer exclusive benefits and incentives for members, or utilize social pressure and peer influence to encourage participation and discourage free riding behavior.

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Rishabh a brilliant student lives in a remote district of Orissa and has done mechanical engineering, He has won a lottery of Rs. 10 Lakhs. He wants to invest this money in some business opportunity, One of his friends suggested him to form a company. So he decided to manufacture tube lights and bulbs in his manufacturing unit and give jobs to unemployed youth in his village area. He has identified the business opportunity but is unaware about the other functions to be performed by him as a promoter of the company, Explain the other five steps to be performed by him as a promoter of the company, 2. Akriti, Manju and Sonali were friends who started a partnership business. They did not get their firm registered as it was optional. Soon, Manju and Sonali started having conflicts. Manju and Sonali wanted to approach a lawyer. If you were a lawyer than how would you guide them?​

Answers

Answer:

hall

Explanation:

kk off Krishan Kala

suppose the price elasticity of demand for yachts equals 4.04, while the price elasticity of supply for yachts equals 0.22. if congress reinstates a luxury tax on yachts, how will the burden of the tax be divided?

Answers

According to the price elasticity of demand for yachts, which is 4.04, the quantity sought will fall by 4.04% for every 1% increase in the price of boats. This suggests that consumers are extremely sensitive to changes in boat prices.

How can it be explained in detail?

In contrast, yachts have a 0.22 price elasticity of supply. As a result, the amount provided will only rise by 0.22% for every 1% increase in the price of boats. As a result, it may be inferred that manufacturers are not very sensitive to variations in boat prices.

Yachts would cost more if Congress reinstates a luxury tax, which will reduce the number of yachts being sought after. Both purchasers and sellers will bear some of the tax's burden, but how much of each will vary depending on how elastic demand and supply are in relation to one another.

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Which of the following was not one of Reagan's four major policy objectives during his presidency?

A.reduce government regulation
B. reduce federal income tax and capital gains
C.reduce growth of government spending
D.reduce the rising taxes for middle-class citizens
E.reduce inflation by controlling growth of the money supply to reduce inflation ​

Answers

Answer: D.reduce the rising taxes for middle-class citizens

Explanation:

During the tenure of President Ronald Reegan when he was the president of the United States,he promoted some economic policies which were often referred to as Reaganomics.

These policies include:

A.reduce government regulation

B. reduce federal income tax and capital gains

C.reduce growth of government spending

E.reduce inflation by controlling growth of the money supply to reduce inflation ​

It should be noted that option D "reduce the rising taxes for middle-class citizens" isn't among the policies put forward by Reegan.

What does it mean to invest your own risk?

Answers

Investment risk is defined as the probability or uncertainty of losses rather than expected profit from investment due to a fall in the fair price of securities such as bonds, stocks, real estate, etc.

managers affect society directly with their decisions regarding the use of resources. True or False

Answers

True. Managers have a direct impact on society through their decisions regarding the use of resources.  

Managers play a crucial role in organizations as they are responsible for making decisions that affect the allocation and utilization of resources. These decisions can have significant consequences for society at large. For instance, managers determine how resources such as finances, materials, and human capital are utilized within a company. If managers make inefficient or unsustainable decisions, it can lead to resource depletion, environmental degradation, and negative social impacts.

Furthermore, managers' decisions can also influence broader societal issues. For example, they can determine the wages and working conditions of employees, affecting the quality of life and well-being of workers and their families. Additionally, managers can choose to support social causes, promote diversity and inclusion, or engage in philanthropic activities, which can have positive effects on society. On the other hand, if managers prioritize short-term profits over social responsibility, it can result in negative externalities and harm to society.

Overall, managers wield significant power and responsibility in shaping how resources are utilized within organizations. Their decisions can have direct and indirect impacts on society, making it crucial for them to consider the long-term consequences and prioritize sustainable and socially responsible practices.

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Question 3 The following information was obtained from the financial records of Narrowbeach Ltd for the year ended 30 June 2021. Prepare an income statement for the year ended 30 June 2021. Note: An Earnings Before Interest and Tax (EBIT) sub-total must be shown as a separate line item on the income statement.
Retained Earnings 1 July 2020 180, Sales revenue from continuing operations for the year 1200, Finance costs 49, Estimated income tax expense for the year ended 30 June 2021 101, Interim dividends paid (ordinary shares) 40, Provision for final dividend on ordinary shares 62, Transfer retained earnings to general reserve 12, Goodwill impairment 12, Research and development expenses 8, Share capital (1 million $1 shares) 1000, General reserve (1 July 2020) 80, Expenses from ordinary activities (excluding finance costs) 500

Answers

To prepare the income statement for the year ended 30 June 2021, we need to consider the provided information. Here's the income statement:

Income Statement for the Year Ended 30 June 2021

Sales revenue from continuing operations                   1200Expenses from ordinary activities (excluding finance costs)  500Research and development expenses                              8Goodwill impairment                                            12Finance costs                                                  49Earnings Before Interest and Tax (EBIT)                     631Income tax expense                                            101Net Profit                                                   530Interim dividends paid (ordinary shares)                      40Provision for final dividend on ordinary shares               62Transfer retained earnings to general reserve                  12Retained Earnings 30 June 2021                               416

Note: The income statement provided includes the calculation of Earnings Before Interest and Tax (EBIT) as a separate line item. The net profit is then calculated after deducting the income tax expense. The dividends paid and transfer to the general reserve are also included in the statement, resulting in the final Retained Earnings balance for 30 June 2021.

Please note that this income statement is based on the information provided. Adjustments may be necessary depending on additional information or specific accounting policies of Narrowbeach Ltd.

About Income Statement

The income statement is a report that presents information on expenses, income, and profits or losses generated by the company during a certain period. Through this income statement, it can reveal the financial performance of a business or company.

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How many blank sections does edge have? this is the second one and ill even show you the first one!

How many blank sections does edge have? this is the second one and ill even show you the first one!
How many blank sections does edge have? this is the second one and ill even show you the first one!

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I can’t see the photos

T/F t-notes and t-bonds are issued in minimum denominations of $100, or multiples of $100.

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t-notes and t-bonds are issued in mini-mum denominations of $100, or multi-ples of $100. The given statement is True.

Trea-sury bonds, called T-bonds for short, are often refer-red to as long bonds beca-use they take the longest to ma-ture of the government-iss-ued securities. Treasury bonds are offered to invest-ors in terms of 20 and 30 years to maturity.

The federal govern-ment offers fixed-income securities to con-sumers and investors to fund its ope-rations, including Treasury bonds, Treasury notes, and Treasury bills.

Treasury notes are simi-lar to Treasury bonds but have short-er terms, including two, three, five, seven, and ten ye-ars. Like T-bonds, Trea-sury notes are back-ed by the U.S. govern-ment.

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