The total amount of time for all guests would be 2,250 minutes per hour multiplied by the 450 guests per hour. 2,250 minutes per hour x 90 guests per hour = 25 minutes.
What is the total hourly cost, including wage and customer waiting costs?We must compute the total time required for each guest to be registered and divide it by the total number of guests in order to determine the average amount of time a guest spends checking in.
The total time required to register 90 guests under the current arrangement, with five clerks handling separate lines for each, would be 90 guests/hour multiplied by 5 clerks, or 450 guests/hour. If each guest spent 3 minutes registering on average, there would be 450 guests per hour multiplied by 3 minutes per guest, or 1,350 minutes per hour. As a result, a guest would typically check in for 15 minutes per hour (1,350 minutes x 90 guests). The total time to register 90 guests would remain at 450 guests/hour under the new plan, but it would take each visitor an average of 5 minutes to register (since each clerk would serve the next guest in the line, regardless of which line they came from). As a result, the total amount of time for all guests would be 2,250 minutes per hour multiplied by the 450 guests per hour. 2,250 minutes per hour x 90 guests per hour = 25 minutes would be the average amount of time a guest spends checking in.
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bro r u kidding me smh
Answer: THATS SO F-U-C-K-I-N-G STUP.ID!!!!!!!!! HOW HARD IS IT FOR THEM TO GIVE YOU MORE TIME!!!!!!!!!
Explanation:
Answer:
But from the screenshot it seems like you spent alot of time on ur work, and they still give you an F and D?! That's literally messed up. ur teachers should understand :/
15. Business-Depreciation. A farmer buys a new tractor for $157,000 and assumes that it will have a trade-in value of $82,000 after 10 years. The farmer uses a constant rate of depreciation (commonly called straight-line depreciationone of several methods permitted by the IRS) to determine the annual value of the tractor. (A) Find a linear model for the depreciated value V of the tractor t years after it was purchased. (B) What is the depreciated value of the tractor after 6 years? (C) When will the depreciated value fall below $70,000 ? (D) Graph ∨ for 0≤t≤20 and illustrate the answers from parts (B) and (C) on the graph.
(A) The linear model for the depreciated value V of the tractor t years after it was purchased is V(t) = -7,500t + 157,000.
To find the linear model for the depreciated value of the tractor, we need to determine the rate at which it depreciates each year. The farmer assumes a constant rate of depreciation, which means the value decreases by the same amount each year.
We can calculate the depreciation rate by subtracting the trade-in value from the purchase value and dividing it by the number of years. In this case, the depreciation rate would be (157,000 - 82,000) / 10 = 7,500.
Since the tractor depreciates by $7,500 each year, we can express its value as a linear function of time. The general form of a linear function is y = mx + b, where m is the slope and b is the y-intercept. In this case, the slope (m) is -7,500 (negative because the value decreases), and the initial value (b) is 157,000.
Therefore, the linear model for the depreciated value V of the tractor t years after it was purchased is V(t) = -7,500t + 157,000.
To answer part (B), we substitute t = 6 into the linear model equation and solve for V(t). V(6) = -7,500 * 6 + 157,000 = $112,000. Therefore, the depreciated value of the tractor after 6 years is $112,000.
To answer part (C), we set V(t) = 70,000 and solve for t. -7,500t + 157,000 = 70,000. Simplifying the equation, we get -7,500t = -87,000, and dividing by -7,500, we find t = 11.6. Therefore, the depreciated value will fall below $70,000 after approximately 11.6 years.
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Introduction: Match the type of business organization with one of its features.
Sole proprietorship
Is the most common form of business
organization in the United States
Franchise
Can be the most complicated and the
most expensive type of organization
Corporation
Requires a fee to be paid to a parent
company for a business plan
Partnership
Includes two or more owners who are
liable for any business debt
Cooperative
Is an organization in which member
owners market their products together
Answer: :)
Explanation:
Edge 2020
A business organization is termed as an organization that works for the accomplishment of economic activities. Economic activities include the exchange of goods and services and maintaining the records of the transactions.
The match to type of organization:
Sole proprietorship: Is the most common form of business organization in the United States.
Franchise: Requires a fee to be paid to a parent company for a business plan.
Corporation: Can be the most complicated and the most expensive type of organization.
Partnership: Includes two or more owners who are liable for any business debt.
Cooperative: Is an organization in which member owners market their products together.
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Which of the following is an example of receiving information
Answer:
Receive is defined as to take, accept, experience or welcome. An example of receive is getting a letter in the mail. An example of receive is someone being given a gift. An example of receive is someone hearing bad news.
Explanation:
3
Select the correct answer.
Drafters create plans to help others implement their designs.
OA.
True
OB.
False
Reset
Next
Answer:
False
Explanation:
Did it on edg 2020
Xavier is excited but knows this is a huge project. Help Xavier stay organized by creating a job board for him. A job board is like a bulletin board that holds important information about a big project. This way, he can see the important aspects of his job, along with his costs. To do this, you will be taking the answers to the math questions above and creating items that Xavier can hang on his job board to remind him of the choices he should make in this project. You may select to create your job board in poster form or digitally in a word processing document. Either way, the job board should include the following pieces of content:
A rough drawing of Xavier’s lot that includes the lot measurements provided above.
Make sure that you include the total area of the lot that you calculated in Math Problem 1 somewhere on this drawing.
A sketch of the prefabricated house option that you suggest Xavier purchases (either Option 1 or Option 2).
Make sure that you include his final price that you calculated in Math Problem 3 or 4.
Also, be sure to label the upgraded technology that was included in the option you chose so that Xavier can point it out to his building inspector when the time comes.
A graphic representation (photo, clip art, etc.) of a truck with the final transportation cost on it (this is the answer to Math Problem 5).
You will turn in this job board along with your math sheet.
Answer:
Great idea! Let's make Xavier's job board as informative and visually appealing as possible. We'll start by including a detailed drawing of Xavier's lot that includes all of the measurements provided in Math Problem 1. We'll also make sure to prominently display the total area of the lot that we calculated.
Next, we'll include a sketch of the prefabricated house option that we suggest Xavier purchases, along with the final price that was calculated in Math Problem 3 or 4. To make it even more clear for Xavier, we'll label the upgraded technology that was included in the option we chose so that he can easily point it out to his building inspector when the time comes.
To make the job board even more visually appealing, we'll include a graphic representation of a truck with the final transportation cost on it, which is the answer to Math Problem 5. This will help Xavier keep track of his costs and make sure that he stays within his budget.
Overall, Xavier's job board will be a useful tool to help him stay organized and make informed decisions throughout his project.
Explanation:
You are working as a top manager of a Chinese bank and you decided to open branch in a foreign country, say India. You are given the task of developing and implementing well-defined procedures for some of the major risks that you may encounter in a foreign country. Can you explain some of the challenges facing international banks going global? What kind of policies you as a manager are going to consider before operating in foreign country.
Expanding into foreign markets presents numerous challenges for international banks.
Expanding into a foreign country requires international banks to navigate a variety of challenges. First and foremost, regulatory compliance is crucial. Banks must understand and adhere to the local regulations and laws governing banking operations, including licensing requirements, capital adequacy ratios, and reporting obligations. Cultural differences pose another challenge, as banks need to adapt their business practices and understand the local customs and preferences. Market risk is also a consideration, as the bank must assess the economic stability, growth potential, and competitive landscape of the foreign market. Operational risk is a significant concern, involving issues such as establishing efficient processes, managing technology infrastructure, and ensuring cybersecurity. Finally, political risk arises from factors like changes in government policies, geopolitical tensions, and regulatory instability. By developing comprehensive policies that address these challenges, a manager can enhance the bank's chances of success in a foreign market.
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2 Suppose a basket of goods and services that costs $100
in the United States costs 800 pesos in Mexico and the
current nominal exchange rate is 10 pesos per U. S. Dollar. Over the next hve years, the cost of that market basker
rises to $120 in the United States and to 1,200 pesos in
Mexico, although the nominal exchange rate remains at
10 pesos per U. S. Dollar. Calculate the following:
a. The real exchange rate now and five years from
now, if today's price index in both countries is 100. [Reminder: Equation 15-1 provides the price index
formula: (Cost of market basket in a given year/Cost
of market basket in base year) × 100. For this prob-
lem, use the current year as the base year. ]
b. Purchasing power parity today and five years from now
a. To calculate the real exchange rate, we need to compare the price levels between the two countries using the price index formula:
Price Index = (Cost of Market Basket in a Given Year / Cost of Market Basket in Base Year) × 100
For the base year, we can use the current year. Let's calculate the price index for both countries now and five years from now:
In the United States:
Price Index (now) = (Cost of Market Basket now / Cost of Market Basket now) × 100 = (100 / 100) × 100 = 100
Price Index (five years from now) = (Cost of Market Basket five years from now / Cost of Market Basket now) × 100 = (120 / 100) × 100 = 120
In Mexico:
Price Index (now) = (Cost of Market Basket now / Cost of Market Basket now) × 100 = (800 / 100) × 100 = 800
Price Index (five years from now) = (Cost of Market Basket five years from now / Cost of Market Basket now) × 100 = (1200 / 100) × 100 = 1200
Now, let's calculate the real exchange rate using the formula:
Real Exchange Rate = (Price Index in the United States / Price Index in Mexico) × Nominal Exchange Rate
Real Exchange Rate (now) = (100 / 800) × 10 = 1.25
Real Exchange Rate (five years from now) = (120 / 1200) × 10 = 1
b. Purchasing power parity (PPP) is a theory that suggests that the exchange rate between two countries should equalize the prices of a basket of goods and services. We can calculate the PPP using the formula:
PPP = (Cost of Market Basket in the United States / Cost of Market Basket in Mexico) × Nominal Exchange Rate
PPP (now) = (100 / 800) × 10 = 1.25
PPP (five years from now) = (120 / 1200) × 10 = 1
Therefore, the purchasing power parity is 1 in both cases, indicating that the nominal exchange rate is in line with the relative price levels of the two countries.
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Use the product structure tree and the inventory records to determine how many item Cs should be ordered in order to produce 20 phones.
Item On-Hand
A 5
B 5
C 5
D 25
E 4
F 20
Use the product structure tree and the lead time information (in weeks) to determine when an order for Fs should be placed to deliver phones in week 10 if the phones require 2 weeks to assemble. Assume there is no starting inventory for any component or end item.
As per the product structure tree to produce 20 phones we will need 60 items of C. The order for Fs should be placed in week 7
As per the given inventory records and product structure tree: There are 20 phones required to be produced. We need to find the number of item C needed in order to produce 20 phones. Therefore, as per the product structure tree,
1 phone requires 1 item of A, 2 items of B, 3 items of C, 1 item of D and 1 item of F.Therefore, to produce 20 phones we will need:20 x 1 A per phone = 20 A20 x 2 B per phone = 40 B20 x 3 C per phone = 60 C20 x 1 D per phone = 20 D20 x 1 F per phone = 20 F. Therefore, we need 60 items of C to produce 20 phones.
Now, let's find out when the order for F should be placed to deliver phones in week 10, if the phones require 2 weeks to assemble. Given, the lead time for F is 1 week. As the phones require 2 weeks to assemble, we need to place an order in week 7 so that it arrives by week 10 (2 weeks to assemble + 1 week lead time for F).
Therefore, the order for Fs should be placed in week 7.
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Suppose that the auto loans from a bank are normally distributed with a mean of $20,000 and a standard deviation of 3,100. 10% of loans will be for more than what amount? answer to one decimal places if necessary.
Suppose the auto loans from a bank are usually distributed with a mean of $20,000 and a standard deviation of $3,100. The objective is to figure out what amount more than 10% of loans will be.
Given the Z-score formula as Z=(X-μ)/σ.The total percentage in the normal distribution is equal to 100%. The percentage of people with loans exceeding a certain threshold is defined by a specific Z-score in the normal distribution.If we know the Z-score for a certain threshold, we can use a Z-score table or calculator to find the percentage of loans exceeding that threshold.In order to determine what dollar amount corresponds to the Z-score for the top 10% of auto loans, we need to use the inverse Z-score formula, which is X=Zσ+μ.Plugging in the given values, we get:Z=1.28 (from the Z-score table for the top 10%)σ=$3,100
μ=$20,000X
=1.28($3,100) + $20,000= $23,968
Thus, more than 10% of loans will be for more than $23,968 in amount. Answer: $23,968.0.
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Jim Smith borrowed $2,000 at a 6% add on rate for two years What is the finance charge ? Show your calculations below.
Answer:
the finance charge is $420
Explanation:
Finance charge constitutes Interest cost to be paid on the loan. Interest compensate the lender for forgoing the alternative of investing the money elsewhere.
Annual finance charge :
Interest charge = $2,000 x 6% = $120
After two years :
Interest charge = $120 x 2 = $420
Therefore, the finance charge is $420.
the term formal education is defined by the text as
In contrast to informal education, formal education refers to an education system that has a predetermined curriculum of educational institutions and is governed by some kind of body (such as a state).
Formal education is described as the structured and organized form of education that takes place at educational institutions such as schools, colleges, and universities.
It entails the acquisition of academic knowledge and skills using proper teaching-learning approaches.
As a result, the significance of the formal education is defined by the text are the aforementioned.
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Business math Help ??????? Are These Right ?
Answer:
yep its right
Explanation:
Question 2 of 10
Before taking the exam to receive CPA certification, a person must:
A. complete two years of professional education.
B. complete a one-to two-year supervised internship program.
C. gain two years of experience in financial management.
D. complete at least 120 credit hours of postsecondary education.
SUBMIT
what's the answer please
Before taking the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.
What is a CPA certification?The CPA certification means the certified public accountant certification which is a designation given to those who meet education and experience requirements and pass an exam.
Hence, the requirement to take the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.
Therefore, the Option D is correct.
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experience themes can be developed by destinations and hospitality businesses. (True or False)
The given statement "Experience themes can indeed be developed by destinations and hospitality businesses" is True because it enhance the overall visitor experience and drive customer satisfaction. By creating immersive and memorable experiences they increase customer loyalty.
Experience themes can be built around various aspects such as local culture, nature, adventure, wellness, gastronomy, and more. Destinations and hospitality businesses can use these themes to design their services, products, and marketing strategies in a way that appeals to their target audience.
For example, a hotel may choose to focus on a wellness theme by offering spa treatments, yoga classes, and healthy food options. Similarly, a destination might promote its unique cultural experiences by showcasing local arts, crafts, and traditions through guided tours, workshops, or special events.
In order to develop successful experience themes, it is essential for destinations and hospitality businesses to understand their target audience's interests and preferences. This can be achieved through market research, customer feedback, and continuous improvement.
Furthermore, businesses must ensure that their staff is trained and knowledgeable about the themes they promote to provide a seamless and authentic experience for the visitors. Collaborating with local communities, suppliers, and other stakeholders can also help create a more immersive and genuine experience.
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when a contract is incomplete, a court will not look at industry standards to complete the contract unless the parties had agreed to follow standard industry practice.true or false
True. When a contract is incomplete, a court will not look at industry standards to complete the contract unless the parties had explicitly agreed to follow standard industry practice.
In general, when a contract is incomplete and there are gaps or ambiguities in its terms, the court's primary objective is to interpret and enforce the intentions of the parties involved. However, in the absence of explicit agreement, courts do not typically consider industry standards or practices to complete the contract.
The court's role is to interpret the contract based on the language used, the parties' intentions, and the surrounding circumstances at the time of contracting. If the contract is silent on a particular matter, the court may look to general principles of contract law or applicable statutory provisions to fill the gaps and give effect to the parties agreement.
To incorporate industry standards into a contract, it is essential for the parties to explicitly reference or incorporate those standards within the contract itself. This can be done through specific clauses, references to industry publications, or by agreeing to follow standard industry practice.
In summary, when a contract is incomplete, a court will not consider industry standards to complete the contract unless the parties had explicitly agreed to follow standard industry practice. The court's focus is on interpreting the contract based on the parties intentions and the applicable legal principles in the absence of such explicit agreement.
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Make a list of getting information about employment an publishes.
( GETTING LIST OF INFORMATION ABOUT EMPLOYMENT AND PUBLISHES : )
-Personal contacts.
-School career planning and placement offices.
Classified ads.
-National and local newspapers. Professional journals.
-Trade magazines.
-Internet networks and resources.
-State employment service offices.
-Federal government.
-Professional associations.
-Labor unions.
Acme Fasteners keeps efficiency high by making a million of each kind of bolt
at a time. But its customers usually want to buy only 1,000 to 10,000 of a kind
at a time. What service of wholesalers can best help Acme in this situation?
O
A. Buying large quantities and selling in smaller lots needed by
customers
O
B. Transporting fasteners to storage facilities
O
C. Being experts in fasteners and customers who use them
O
D. Keeping fasteners stored without theft or other kinds of loss
Answer:
A. Buying large quantities and selling in smaller lots needed by customers
Explanation:
Wholesalers can best help Acme in this situation by buying large quantities and selling in smaller lots needed. Thus, option A is correct.
Who is the customer?A customer is a client who places a request for a commodity, payments for such a product or service, and then receive it. The person who purchases a good or receives a service is known as a customer. A consumer is essentially the person who pays for the item or service.
In this situation, the wholesaler should buy the quantities in bulk that is being produced by the company and then divide the load into smaller quantity of 1000 unit or 10000 unit so that they can easily sell it to the customer and also benefit from the same and earn a profit from the same. Also, bulk buying can provide them with some offers.
Therefore, option A is the correct option.
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When using industrial fork-lifts, the load must be at the lowest position for traveling, and the manufacturer's operational requirements must be followed.A. TrueB. False
When using industrial fork-lifts, the load must be at the lowest position for traveling, and the manufacturer's operational requirements must be followed - False
When using industrial fork-lifts, the load does not necessarily have to be at the lowest position for traveling. The specific operational requirements and recommendations provided by the manufacturer should be followed for safe operation. The manufacturer's guidelines typically include instructions regarding load positioning, weight distribution, travel speed, and other safety considerations.
It is important to adhere to these guidelines to ensure the safe and efficient use of the forklift and to prevent accidents or damage to the equipment. Therefore, the correct answer is False.
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What is the purpose of international trade and how does it help the countries involved in it?
Answer:
the trade without border is
international trade.it purposes to share goods ,ideas,resources, etc.
it helps country in the time of need.
Answer:
Global trade makes it possible for people living in one country to use products from another country, allowing them to benefit from products that are not domestically produced. If a country is endowed with abundant labor or favorable climatic conditions, it has an advantage over the nations that do not have them. It makes economic sense to produce and export goods that other countries cannot produce as cheaply. This way, the exporters can increase sales with foreign commerce and strengthen their country’s economy, while earning profits at the individual level. It also helps strengthen the foreign currency reserves of the country.
International trade is a key driver in regulating foreign currency rates. Global trade helps balance a country’s cyclical pattern of trade deficit and surplus. When a country’s currency is strong, its imports tend to exceed its exports, thus creating a trade deficit for the importer. This situation leads to the exporter country’s currency strengthening and the importer’s currency eventually weakening. Over time, a role reversal happens with exports overtaking imports, thus strengthening the exporter’s currency and creating a trade surplus for the importer. Many other factors influence this cycle too, for example, product cost inflation and interest rates. Global trade removes boundaries and makes the whole world into a single marketplace, and that can work to the benefit of all the participating partners.
Explanation:
PLATO answer!
What are the most common types of A/B tests you can run? Select all that apply. CTA Email Chatbots Landing Page
The most common types of A/B tests that one can run are CTA, Email, and Landing Page. Let us understand each of these and how the A/B testing can be performed on them.
This test is usually performed by randomly assigning users to one of the two groups: a control group and a test group. The control group is shown the original or current version while the test group is shown the new or updated version. The goal of A/B testing is to identify which version performs better. CTA- Call to Action CTA or Call-to-Action is a marketing term that refers to the desired action that a user should take on a website or landing page. The most common types of A/B tests are CTA, Email, and Landing Page.
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a blockchain can be used to record transaction information to a ledger that contains digital _____ contracts.
A blockchain is a decentralized digital ledger that allows for secure and transparent record-keeping of transactions. This technology is often associated with cryptocurrencies such as Bitcoin, but it has many potential use cases beyond just digital currency.
One of the key features of a blockchain is its ability to store digital contracts or smart contracts. Smart contracts are self-executing contracts with the terms of the agreement written directly into lines of code. These contracts are stored on the blockchain and automatically enforce the terms of the agreement when certain conditions are met.
Smart contracts can be used in a variety of industries to automate and streamline business processes. For example, they can be used in supply chain management to automatically trigger payments when certain conditions are met, or in real estate to automatically transfer ownership of a property when the conditions of the sale are met.
The use of smart contracts on a blockchain allows for greater transparency and security in transactions, as all parties involved can see the terms of the contract and the details of the transaction in real-time. Additionally, the use of blockchain technology eliminates the need for intermediaries such as banks or lawyers, which can reduce costs and increase efficiency.
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In MacPherson v. Buick Motor Co. the court held Buick liable because it is responsible for the quality of wheels and other parts used on its vehicles.
(A) True
(B) False
The given statement "In MacPherson v. Buick Motor Co. the court held Buick liable because it is responsible for the quality of wheels and other parts used on its vehicles" is true because on the landmark case of MacPherson v. Buick Motor Co., the court held Buick liable for a defective wheel that caused injury to the plaintiff.
The court's ruling established the principle of manufacturer's liability for defective products, regardless of whether the manufacturer sold the product directly to the consumer or through an intermediary.
The court held that Buick had a duty to ensure that the wheels used on its vehicles were of sufficient quality and strength to avoid causing harm to drivers and passengers. The court found that Buick had breached this duty by using a substandard wheel that failed and caused injury to the plaintiff.
The decision in MacPherson v. Buick Motor Co. has had a significant impact on product liability law, and it is now well-established that manufacturers have a duty to ensure the safety of their products. The ruling has also led to increased consumer protection and improved product safety standards.
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The tendency for a society to save money and have perseverance is best represented by which one of the following of Hofstede's cultural dimensions?a. Masculinity vs. Femininityb. Power Distance Uncertaintyc. Avoidance Indulgence vs Restraintd. Long-Term vs Short-Term Orientation
d. Long-Term vs Short-Term Orientation, Hofstede's cultural dimension of Long-Term vs Short-Term Orientation refers to the extent to which a society values long-term goals, perseverance, and thriftiness versus short-term gratification and instant rewards.
It reflects the cultural tendency to save for the future, value traditions, and exhibit patience and perseverance in achieving goals. Societies with a long-term orientation prioritize planning, investing in education, and building sustainable relationships, while those with a short-term orientation focus more on immediate gratification and meeting current needs. Therefore, the tendency for a society to save money and have perseverance aligns with the Long-Term vs Short-Term Orientation dimension.
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Full Question ;
The tendency for a society to save money and have perseverance is best represented by which one of the following of Hofstede's cultural dimensions?
a. Masculinity vs. Femininity
b. Power Distance Uncertainty
c. Avoidance Indulgence vs Restraint
d. Long-Term vs Short-Term Orientation
Which situation most directly illustrates a possible outcome of a fiscal
policy?
A. New environmental regulations make drinking water in a city safer.
B. The government decides it is time to print a great deal of new
money
O C. Struggling farmers receive less assistance from the government.
O D. A company decides to expand its operations into several new
states
Answer:
C
Explanation:
The correct answer would be option C that says that the struggling farmers receive less assistance from the government as fiscal policies are associated with determining the expenses and taxation policies to the various sectors to regulate the direction of the economy.
There are two types of Fiscal Policy that are Expansionary and Contractionary.
Expansionary fiscal policy:
deals with an increase in spending and/ or relaxing in taxation by the government so that consumers in the economy get more money.Contractionary policy:
deals with reducing spending and/ or increasing taxation.In this case, farmers did not get assistance from the government due to reducing the amount of Federal money available for farming and farmers is an illustration of Contractionary fiscal policy.
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An innovative business idea that no one has never had
An innovative business idea that no one has never had is Offering virtual assistance to other businesses.
What is innovative business idea ?innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.
It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.
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Complete question:
State An innovative business idea that no one has never had
Which term best explains the concept of the
Money Multiplier?
A. Loanable Funds
B. Production Possibilities Frontier
C. Supply and Demand
Answer:
the answer is a loadable funds
Penny Cassidy has decided to start her business, Penny's Pool Service & Supply, Inc. (PPSS). There is much to do when starting a new business. Here are some transactions that have occurred in the business in March. a. Received $ 25,000 cash and a large delivery van with a value of $ 36,000 from Penny, who was given 4,000 shares of $ 0.05 par value common stock in exchange. b. Purchased land with a small office and warehouse by paying $ 10,000 cash and signing a 10 -year mortgage note payable to the local bank for $ 80,000 . The land has a value of $ 18,000 and the building's value is $ 72,000 . Use separate accounts for land and buildings. c. Purchased a new computer from Dell for $ 2,500 cash and office furniture for $ 4,000 , signing a short-term note payable in six months. d. Hired a receptionist for the office at a salary of $ 1,500 per month, starting in April. e. Paid $ 1,000 on the note payable to the bank at the end of March (ignore interest). f. Purchased short-term investments in the stock of other companies for $ 5,000 cash. g. Ordered $ 10,000 in inventory from Pool Corporation, Inc., a pool supply wholesaler, to be received in April.
(a) For each of the events ( a ) through (g) , prepare journal entries if a transaction of the business exists, checking that debits equal credits. If a transaction does not exist. explain why there is no transaction for the business.
The journal entries for the transactions are as follows:
a. Cash 25,000
Delivery Van 36,000
Common Stock 200 (4,000 shares x $0.05)
Penny contributed $25,000 cash and a van worth $36,000 in exchange for 4,000 shares of $0.05 par value common stock.
b. Land 18,000
Buildings 72,000
Cash 10,000
Mortgage Note Payable 80,000
Purchased land with office and warehouse by paying $10,000 cash and signing a 10-year mortgage note payable for $80,000. The land is valued at $18,000 and the building at $72,000.
c. Computer Equipment 2,500
Office Furniture 4,000
Cash 6,500
Note Payable 6,500
Purchased a computer from Dell for $2,500 cash and office furniture for $4,000, signing a short-term note payable.
d. No journal entry since the receptionist was hired in April, not March.
e. Note Payable 1,000
Cash 1,000
Paid $1,000 on the note payable to the bank at the end of March.
f. Short-term Investments 5,000
Cash 5,000
Purchased short-term investments in stock from other companies for $5,000 cash.
g. No journal entry since the order from Pool Corporation, Inc. will be received in April.
a. The business received $25,000 cash and a delivery van worth $36,000 from Penny, who received 4,000 shares of $0.05 par value common stock.
b. The business purchased land and a building, paying $10,000 cash and signing a 10-year mortgage note payable for $80,000. The land is valued at $18,000, and the building is valued at $72,000.
c. The business purchased a computer for $2,500 cash and office furniture for $4,000, signing a short-term note payable.
d. No journal entry is required since the receptionist was hired in April, not March.
e. The business paid $1,000 on the note payable to the bank at the end of March.
f. The business purchased short-term investments in stock from other companies for $5,000 cash.
g. No journal entry is required since the order from Pool Corporation, Inc. will be received in April.
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Fill in the blank. the foundation of good performance management is ____________and choosing the best method(s) for measuring it.
The foundation of good performance management is the identification of what is important and choosing the bestmethod(s) for measuring it.
Performance management refers to the processes and systems established to monitor and measure an employee's productivity, progress, and overall contribution to a company. It is a continuous process of setting objectives, assessing progress, and providing feedback and support to improve the performance of individuals and teams.According to experts, the foundation of good performance management is the identification of what is important and choosing the best method(s) for measuring it.
This means that an organization should determine the critical success factors (CSFs) that are necessary for achieving its goals and then measure how well employees are doing in those areas.To establish the foundation of good performance management, an organization should perform the following tasks:a. . Identify the critical success factors (CSFs) that are necessary for achieving its goals.b . Determine the key performance indicators (KPIs) that are most relevant to those CSFs.c. Establish a method for measuring performance against the KPIs.d. Regularly monitor and assess employee performance against the established KPIs.e. Provide feedback and support to employees to improve their performance.In summary, the foundation of good performance management is the identification of what is important and choosing the best method(s) for measuring it. By following this approach, an organization can ensure that its employees are focused on the critical success factors necessary for achieving its goals.
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Which website citation is written correctly in MLA style?
“CareerOneStop.” 2013. Web, May 18, 2013. US Department of Labor and the State of Minnesota.
“US Department of Labor and the State of Minnesota, 2013.” CareerOneStop. 18 May.
CareerOneStop. US Department of Labor and the State of Minnesota, 2013. Web. 18 May 2013.
US Department of Labor and the State of Minnesota. “CareerOneStop.” Web, May 18, 2013.
Answer:
C. CareerOneStop. US Department of Labor and the State of Minnesota, 2013. Web. 18 May 2013.
Explanation:
Right On Edge, also just took the Quiz.
The website citation which is written correctly in MLA style is -
CareerOneStop. US Department of Labor and the State of Minnesota, 2013. Web. 18 May 2013.
What is a citation style?A citation style is a set of rules for citing sources in academic writing. To avoid plagiarism, you must always include a citation anytime you quote, paraphrase, or summarise a source. Different universities, academic groups, and publishers establish different styles, which are frequently published in an official handbook with detailed instructions and examples.
There are numerous citation styles, but they all follow one of three basic principles: parenthetical citations, numbered citations, or note citations.
MLA style is the Modern Language Association's official style, as stated in the MLA Handbook. (9th edition). It is commonly utilised in a variety of humanistic subjects. It's author-page rather than author-date, unlike most parenthetical citation styles.
Therefore, the third option is correct.
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