A)CEF Investment Managers, LTD., a partnership managing a small registered closed-end investment company traded on the OTC Bulletin Board is not one of the exceptions and is required to register with the SEC.
Grand Visions Advisers, a sole proprietorship with $104 million in AUM, Employee Benefit Specialists, Inc., a pension consultant with $225 million in AUM, and Midwestern Asset Managers, LLC, with $53 million in AUM, are all eligible for registration exemption with the SEC as they do not meet certain criteria, such as having less than $100 million in AUM or advising solely on state-registered investment companies.
It is important for investment advisers to understand their obligations for SEC registration to avoid any legal consequences.
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Find the total area between the curve of the function f(x) = 2x + 4 and the x-axis over the interval [-9, -1).
Since the area cannot be negative, we take the absolute value, giving us the total area between the curve and the x-axis over the interval [-9, -1) as 48 square units.
To find the total area between the curve of the function f(x) = 2x + 4 and the x-axis over the interval [-9, -1), we first need to calculate the definite integral of f(x) within that interval. The definite integral represents the area under the curve within the given limits.
To find the definite integral, we will integrate the function f(x) = 2x + 4 with respect to x. The integral of 2x is x^2 and the integral of 4 is 4x. Thus, the indefinite integral of f(x) is F(x) = x^2 + 4x + C, where C is the constant of integration.
Since we want to find the definite integral, we need to evaluate F(x) at the limits of the interval, which are -9 and -1. First, we find F(-1) = (-1)^2 + 4(-1) + C = 1 - 4 + C = -3 + C. Next, we find F(-9) = (-9)^2 + 4(-9) + C = 81 - 36 + C = 45 + C.
To find the total area, we subtract the value of F(-9) from F(-1): Area = F(-1) - F(-9) = (-3 + C) - (45 + C) = -3 - 45 = -48. Since the area cannot be negative, we take the absolute value, giving us the total area between the curve and the x-axis over the interval [-9, -1) as 48 square units.
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Your grandmother has been putting $3,000 into a savings account on every birthday since your first (that is, when you tamed one). The account pays an interest rate of 8% How much money will be in the account immediately after your grandmother makes the deposit on your 10th birthday The amount in the account upon your 18th birthday is (Round to the nearest dollar)
The amount in the account upon your 18th birthday is $5,154.
Given that your grandmother has been putting $3,000 into a savings account on every birthday since your first (that is, when you tamed one).
The account pays an interest rate of 8%.Let us calculate the amount that will be in the account immediately after your grandmother makes the deposit on your 10th birthday.
Present age of yours = 10 years
Number of times the deposit is made = 10 times
Interest rate = 8%
We can calculate the amount that will be in the account immediately after your grandmother makes the deposit on your 10th birthday using the below formula:
Amount = Principal × (1 + Rate) Time
Amount = 3000 × (1 + 0.08)¹⁰
Amount = 3000 × (2.14)
Amount = $6420.46 ≈ $6420 (rounding off to the nearest dollar)
Therefore, the amount in the account immediately after your grandmother makes the deposit on your 10th birthday is $6,420.
Rounding off the amount in the account upon your 18th birthday to the nearest dollar is as follows:
The present age of yours = 10 yearsAge
when the account matures = 18 years
Number of years remaining for the account to mature = 18 - 10 = 8 years
We can calculate the amount in the account upon your 18th birthday using the below formula:
Amount = Principal × (1 + Rate) Time
Amount = 3000 × (1 + 0.08)⁸
Amount = 3000 × (1.718)
Amount = $5153.79 ≈ $5154 (rounding off to the nearest dollar)
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The amount in the account immediately after your 10th birthday will be $35,869, and the amount upon your 18th birthday will be $102,024.
Since your grandmother has been depositing $3,000 into the savings account on every birthday since your first, there would be a total of 10 deposits made by your 10th birthday. Assuming each deposit is made immediately on your birthday, we can calculate the future value of these deposits using compound interest.
The interest rate on the account is 8%, which can be converted to a decimal by dividing it by 100, giving us 0.08. Since the deposits are made annually, we can use the formula for compound interest:
Future Value = Principal × (1 + Interest Rate)^(Number of Periods)
For your 10th birthday, the future value would be:
Future Value = $3,000 × (1 + 0.08)^10 = $3,000 × 1.08^10
To calculate the amount in the account upon your 18th birthday, we would need to consider an additional 8 deposits made between your 10th and 18th birthdays. Using the same formula, the future value for your 18th birthday would be:
Future Value = $3,000 × (1 + 0.08)^18 = $3,000 × 1.08^18
Rounding to the nearest dollar, the amount in the account upon your 18th birthday would be the calculated future value.
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If the government imposes a price ceiling of $4. The quantity purchased by consumers in this market would?
If the government imposes a price ceiling of $4. The quantity purchased by consumers in this market would decline from 4 to 2.
A price ceiling is a situation in which the calculated price is above or below the equilibrium price determined by the market forces of supply and demand. Higher price caps have been shown to be ineffective. It turns out that price caps are very important in the residential rental market.
A price ceiling is the legal maximum price you can pay for goods or services. Governments set price caps to keep the prices of essential goods and services affordable. For example, when Hurricane Katrina hit in 2005, the price of bottled water exceeded $5 a gallon.
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(5. From the age distribution, if a country has more workforce that fall between
56 years and above, what are the likely economic effect on such a country?
Answer & Explanation: Aging workforce refers to the part of working individuals that has reached a certain age and beyond often 40 years and above.
Having more aging workforce is HARMFUL for economic growth. This is so because an aging workforce will lead to a decline in labour participation rate due to the retirement age for kost countries. This will also lead to an increase in social security tax and eventually a decline in productivity.
Tina works a cash register and has to hold her arm at a certain angle to scan her customers' items. What is the ergonomic hazard in this situation?
Select the best option.
Awkward posture
Incorrect tool usage
Relaxed arms and shoulders
Repetitive moveme
Answer:
repetitive movement
Explanation:
i actually had this question in my last period that's so fun hahha good luck
The ergonomic hazard in this situation given above is:
A. Awkward postureAccording to the given scenario, a cashier has to hold her hand in a certain manner in order to properly scan the items of the customers who came to make purchases at the store.
As a result of this, we can see that the ergonomic hazard which is described from the above scenario is that of an awkward posture which Tina, the cashier has to perform.
Therefore, the correct answer is option A
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a(n) _____ is a bank that does business with sellers that want to accept payment cards.
Acquiring bank or merchant bank is a bank that does business with sellers that want to accept payment cards.
A merchant bank is a type of financial institution that provides a wide range of services to businesses and entrepreneurs. These services include issuing and underwriting securities, providing investment banking services, and acting as an acquiring bank for merchants that want to accept payment cards. Merchant banks also provide other financial services such as loan syndication, private equity, and asset management. They tend to work with large and established companies, rather than small or start-up businesses.
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choosing to be an entrepreneur or any other career for that matter depends on
Choosing to be an entrepreneur or pursuing any other career depends on several factors.
Firstly, it depends on one's passion and interests. It is crucial to pursue a career that one enjoys and is passionate about. Secondly, it depends on one's skillset and strengths. It is essential to choose a career that aligns with one's strengths and abilities to excel in it. Thirdly, it depends on the job market and the demand for the particular career. It is crucial to assess the job market and ensure that the chosen career has a stable and sustainable future.
Finally, it depends on one's financial goals and aspirations. It is essential to choose a career that can provide financial stability and growth opportunities. Ultimately, choosing a career requires a careful assessment of various factors, including passion, skills, demand, and financial goals, to make a well-informed decision that can lead to a fulfilling and rewarding career.
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Your firm is bidding on a large construction contract in a foreign country. This contingent exposure could best be hedged
A) With put options on the foreign currency
B) With exposure netting
C) With money market hedge
D) With futures contracts.
Your firm is bidding on a large construction contract in a foreign country. This contingent exposure could best be hedged D) With futures contracts.
Futures contracts allow the firm to lock in a specific exchange rate for a future date, providing protection against potential currency fluctuations. This is particularly important in a foreign country where currency risks can be significant.
Put options and money market hedges may also provide some protection, but futures contracts are a more effective way to hedge against currency exposure in large construction contracts.
Exposure netting, on the other hand, refers to offsetting exposures in different currencies within the same transaction and is not applicable in this scenario.
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what do firms get from households
Answer:
Households supply labor to firms and are paid wages in return. Firms use that labor to produce pizzas and sell those pizzas to households. There is a flow of goods (pizzas) from firms to households and a flow of labor services (worker hours) from households to firms.
Explanation:
When governments allow one highly regulated business to control an
essential service, such as water treatment, they create:
A. a public oligopoly.
B. a natural monopoly.
C. restricted competition.
D. monopolistic competition.
The type of Monopoly that occurred when a regulated business is been given control on essential service is B: natural monopoly.
A natural monopoly can be regarded as a kind of monopoly that occurr, as a result of a single firm serving market at lower cost that is even lower than that of combination of two or more firms.It do occur when government give that control to a firm on essential service such as water treatment.
Therefore, option B is correct.
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Answer:
B. a natural monopoly.
Explanation:
What account title is used to journalize the Federal Income Tax column of the payroll register?
Employee income tax payable is used to journalize the federal income tax column of the payroll register.
Exactly what is regarded as a federal income tax?The federal income tax is levied against the yearly profits of people, companies, and other legal entities. All forms of compensation, including salaries, gifts of money from employers, business earnings, tips, and Federal income taxes are due on gaming profits, bonuses, and unemployment payments.
How do I know if I am subject to federal income tax?You don't owe any income tax if the total tax on your Form 1040 is less than your refundable credits. Your income must be so minimal that you won't owe income tax in order to qualify for no tax responsibility.
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kanye loves benicio's burritos and wants to open a branch in his hometown. benicio's burritos grants kanye the right to use its trademark and name, and kanye agrees to follow benicio's burritos guidelines. this is an example of .
This is an example of franchising.
Franchising is primarily based on a marketing concept which can be followed by way of an organization as a strategy for business expansion.
Franchising is essentially a proper which manufacturers or corporations provide to others. This proper lets in the beneficiaries to promote the goods or offerings of these producers or parent corporations. these rights may want to even be in phrases of get admission to to highbrow belongings rights.
Their proprietors invested in a acknowledged emblem in hopes of locating business fulfillment. Franchising permits bigger corporations to department out and develop whilst giving entrepreneurs and small business owners a threat to run their own operations with the assist and support of a larger business enterprise with a tested components for fulfillment.
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Yahir wants to become an Actor. What are the most helpful examples of milestones for this goal? Check all that apply.
A.taking an acting class
B.running a race
C.taking a science class
D.learning how to cook
E.participating in a school play
F.auditioning for a part in a television show
Answer:
aef
Explanation:
got the question right
Answer:
1 5 6
Explanation:
if one u.s. dollar sells for 0.60 british pound, how many dollars should one british pound sell for?
If one U.S. Dollar (USD) sells for 0.60 British Pound (GBP), then one British Pound (GBP) sells for 1.6667 U.S. Dollar (USD).
To get the answer, simply divide the two currencies.
1 USD = 0.60 GBP
1 GBP = 1 / 0.60 USD
1 GBP = 1.6667 USD
Why is British Pound (GBP) strong against U.S. Dollar (USD)?The GBP is not alone in being sold against the USD, as investors fear a global recession and favor the greenback as a safe haven in times of economic distress.
What is the strongest currency in the world?The Kuwaiti Dinar (KWD) continues to remain the highest currency in the world owing to Kuwait's economic stability. The country's economy is primarily reliant on oil exports because it has one of the world's largest reserves.
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a defines how the marketing group will use its resources to support the company's goals for growth and earnings
A marketing plan outlines how to use the company's resources most effectively to accomplish its marketing goals.
What is marketing plan?An organization's advertising strategy for generating leads and reaching its target market is outlined in a marketing plan, which is a practical document.
A marketing strategy outlines the outreach and PR initiatives that will be implemented over time, along with how the business will evaluate their success.
Because a marketing plan is created based on a broad strategic framework, the phrases marketing plan and marketing strategy are sometimes used synonymously.
The strategy and the plan may occasionally be combined into one document, especially for smaller businesses that might only run one or two significant campaigns per year.
While the marketing strategy provides the overall value proposition, the plan details marketing actions on a monthly, quarterly, or annual basis.
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I know these are multiple questions, but the actual question is fit into one big question. VERY MUCH APPRECIATED!
Planning and Conducting:
What are some possible ways to track down your energy usage? Is it more appropriate, in your opinion, to investigate energy usage per day, per week, or per month? • How would you estimate energy usage for devices which you are not the sole user of? • What are some appropriate ways to organize your data? • Suggestion: Pick at least 10 items that are commonly used every day. Record the power rating (in Watts or in some cases given as output: ____V / ____ A) and/or energy rating (in kWh). Track down the amount of time that the device runs in a period of your choice. (8 hours / 24 hours / 3 days / 1 week; do not go beyond one week.)
Possible ways to track down your energy usage are: Some possible ways to track down your energy usage are through the use of power strips, smart plugs, energy monitoring devices, and utility bills. These methods enable you to measure your electricity consumption so you can reduce it effectively.
In my opinion, it is more appropriate to investigate energy usage per month because it can give you a better perspective on how much energy you consume. You'll have a more detailed overview of your energy usage if you track it over a longer period.
Estimate energy usage for devices that you are not the sole user of by averaging the time that different people use them and multiplying that by the energy consumption of the device. If the device is on all the time, you may need to estimate based on the average number of hours per day that the device is turned on.
Appropriate ways to organize your data include sorting your data by device, usage frequency, energy usage, and time spent using each device. You may want to create a spreadsheet to keep track of your energy usage data for each device, so you can quickly and easily compare the energy usage of different devices.
If you prefer, you can also use an energy monitoring app or device to track your energy usage for each device.
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Authorizing a cash dividend payment to investors requires three crucial dates. Identify which of the following is not a correct term to describe these dates.
Multiple choice question.
a. Date of record
b. Date of declaration
c. Date of authorization
d. Date of payment
The term "Date of Authorization" is not a correct term to describe the three crucial dates in authorizing a cash dividend payment to investors.The three crucial dates in authorizing a cash dividend payment to investors are the following:
a. Date of declaration: This is the date on which the board of directors of a company declares that a dividend will be paid to investors.
b. Date of record: This is the date on which the company determines which investors are eligible to receive the dividend payment. Investors who own shares on this date are said to be "on record."
c. Date of payment: This is the date on which the dividend payment is actually made to eligible investors.
The term "Date of Authorization" is not a commonly used term in this context. Instead, the term "Date of Approval" may be used to refer to the date on which the board of directors approves the dividend payment, which is equivalent to the Date of Declaration.
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The term "Date of Authorization" is not a correct term to describe the three crucial dates in authorizing a cash dividend payment to investors.
The three crucial dates in authorizing a cash dividend payment to investors are the following:
a. Date of declaration: This is the date on which the board of directors of a company declares that a dividend will be paid to investors.
b. Date of record: This is the date on which the company determines which investors are eligible to receive the dividend payment. Investors who own shares on this date are said to be "on record."
c. Date of payment: This is the date on which the dividend payment is actually made to eligible investors.
The term "Date of Authorization" is not a commonly used term in this context. Instead, the term "Date of Approval" may be used to refer to the date on which the board of directors approves the dividend payment, which is equivalent to the Date of Declaration.
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and describe the situation in which organizations are direct competitors and are fully aware of the competition.
High market commonality, high resource similarity describe the situation in which organizations are direct competitors and are fully aware of the competition.
What is high market commonality?The degree of coincide between the goods, customers, and geographic areas served by two or more companies in a given market is referred to as high market commonality. When two or more businesses have a high level of market commonality, it implies they are competing for the same customers and resources. Due to high market commonality, firms may face intense competition as they pursue to distinguish themselves and seize a larger portion of the market. It may also make it more difficult for businesses to keep long-term competitive advantages, as competitors may be able to easily imitate or replicate their strategies.
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Chapter 12: Simulation Question 6: (20 points) IMPORTANT: For this question, if you are not screenshots for values pages and formula pages, you will be graded as zero points. Look at the Appendix B for Excel screenshots. In preparing for the upcoming holiday season, Fresh Toy Company (FTC) designed a new doll called The Dougie that teaches children how to dance. The fixed cost to produce the doll is $100,000. The variable cost, which includes material, labor, and shipping costs, is $34 per doll. During the holiday selling season, FTC will sell the dolls for $42 each. If FTC overproduces the dolls, the excess dolls will be sold in January through a distributor who has agreed to pay FTC $10 per doll. Demand for new toys during the holiday selling season is extremely uncertain. Forecasts are for expected sales of 60,000 dolls with a standard deviation of 15,000. The normal probability distribution is assumed to be a good description of the demand. FTC has tentatively decided to produce 60,000 units (the same as average demand), but it wants to conduct an analysis regarding this production quantity before finalizing the decision. a. Create a what-if spreadsheet model using a formula that relate the values of production quantity, demand, sales, revenue from sales, amount of surplus, revenue from sales of surplus, total cost, and net profit. After creating your spreadsheet model, provide an answer for the profit corresponding to average demand (60,000 units)? (5 points) b. Modeling demand as a normal random variable with a mean of 60,000 and a standard deviation of 15,000, simulate the sales of the Dougie doll using a production quantity of 60,000 units. What is the estimate of the average profit and standard deviation for profit associated with the production quantity of 60,000 dolls? (15 points)
The screenshot of the Simulation Results for The Dougie is shown below: Screenshot of Simulation Results for The Dougie From the Simulation Results, we can see that the Estimate of Average Profit for Production Quantity of 60,000 Units is $1,193,056 and the Standard Deviation of Profit is $1,459,465.
a)To create a What-If Spreadsheet Model for The Dougie, a new doll that teaches children how to dance, we can relate the values of Production Quantity, Demand, Sales, Revenue from Sales, Amount of Surplus, Revenue from Sales of Surplus, Total Cost, and Net Profit.
We can use the following formulas to calculate the above values: Sales = MIN (Production Quantity, Demand)Revenue from Sales = Sales * $42 Amount of Surplus = Production Quantity - Sales Revenue from Sales of Surplus = Amount of Surplus * $10 Total Cost = $100,000 + $34 * Production Quantity + MAX (0, Amount of Surplus) * $34 Net Profit = Revenue from Sales - Total Cost The screenshot of the What-If Spreadsheet Model for The Dougie is shown below:
Screenshot of What-If Spreadsheet Model for The Dougie We can calculate the Profit corresponding to Average Demand (60,000 Units) by using the What-If Analysis feature of Excel. We can create a Data Table that shows the Net Profit for different values of Production Quantity and Demand.
The screenshot of the Data Table is shown below: Screenshot of Data Table for The DougieFrom the Data Table, we can see that the Net Profit for Production Quantity of 60,000 Units and Demand of 60,000 Units is $1,188,000.b)To model Demand as a Normal Random Variable with Mean of 60,000 and Standard Deviation of 15,000, we can use the NORM.INV and RAND functions of Excel.
We can simulate the Sales of The Dougie Doll using the Production Quantity of 60,000 Units. We can use the following formula to calculate Sales:S = MIN (PQ, NORM.INV (RAND (), 60000, 15000)) where PQ is the Production Quantity. We can use the following formula to calculate Net Profit: NP = S * 42 - 100000 - PQ * 34 + MAX (0, PQ - S) * 10
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what were the features of the organizational context that helped make the changes at the wichita plant happen? what were the circumstances that made employees open to change?
The Wichita plant improvements have been most effective in reducing social conflicts and raising output were the features of the organizational context that helped make the changes at the Wichita plant happen.
However, compared to the Wichita project, the Lubbock facility is not yet succeeding to the same extent. To solve this issue, it is important to understand that Wichita's specific answers were not necessarily flawless recipes that could be used across the board by all of the company's factories. These are included in some of the main features of organizational context which make changes in the Wichita plant.
Some organizational changes necessitate significant restructuring, which causes several individuals to undergo significant adjustments in their lives. Salary reductions, loss of benefits, job downgrading, job loss, or migration to another city, state, or country are typical changes that have a negative effect on a segment of the workforce, and those are some particular circumstances that made employees change.
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It is common practice among currency traders worldwide to both price and trade currencies against the U.S. dollar. Consider a currency dealer who makes a market in 5 currencies against the dollar. If he were to supply quotes for each currency in terms of all of the others, how many quotes would he have to provide?
A) 36.
B) 30.
C) 60.
D) 120.
E) none of the options.
What is one advantage corporations have over other types of businesses?
O A. Corporations are the easiest businesses to set up.
B. Corporations have a nearly unlimited life span.
C. Corporations have fewer legal regulations to follow.
O D. Corporations are controlled by only one person.
SUBMIT
Answer:
B
Explanation:
ONE advantage corporations enjoy over other business forms is B. Corporations have a nearly unlimited life span.
Corporations do not cease to operate if one or some of the owners die. Each stockholder's shares are transferable by inheritance or sale. Corporations enjoy perpetual existence.
Other advantages of corporations over other business forms are:
Shareholders enjoy the protection of personal liability (limited liability of ownership)Shareholders have a business that is professionally managedThe business type has easy access to funds.
Unfortunately, corporations are not the easiest to form because of the rigid formalities accompanying their formation and management. Shareholders suffer double taxation because the corporation pays taxes as an entity, and shareholders pay another tax when they receive dividends. The legal regulations are many and time-consuming.
Thus, the unlimited life span of corporations makes them the best form of business since control and ownership of a corporation are not limited to one individual.
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A firm has four different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the end of two years, and $10 million at the end of three years. Option B will give the firm $5 million at the end of one year, $10 million at the end of two years, and $15 million at the end of three years. Option C will give the firm $15 million at the end of one year, $10 million at the end of two years, and $5 million at the end of three years. Option D will give the firm $21 million at the end of one year, nothing at the end of two years, and $9 million at the end of three years. Which of these options has the highest present value if the rate of interest is 5 percent
Answer:
The answer is "Option D".
Explanation:
Using the formula for calculating present value:
\(= \frac{Future \ value}{(1+r)^n}\\\\\)
that's why "Option D" is correct.
using a menu for one meal to encourage hotel guests to return for meals at other convenient times is an example of
Using a menu for one meal to encourage hotel guests to return for meals at other convenient times is an example of cross-selling.
What is cross-selling?⇒ Cross-selling is a sales strategy that involves offering an existing customer a second product or service. Businesses describe cross-selling in a variety of ways in practice. The size of the company, the industrial sector it works in, and the financial incentives of individuals who must define the term are all factors that may have an impact on the definition.
Cross-selling can have two goals: either to boost revenue from the client or to maintain goodwill with the customer or clients. In order to cross-sell or co-sell a client, two teams within the same organization or two organizations working together are two possible approaches.
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if example your a newbie and inexperienced what kind of business would you do in your newly made business account also if your interested in Nightcore songs and an underage?
Answer:
I want be doctor but still I can do the business of handicrafts . I don't like nightcore songs .
Answer:
wanna be a doctor if I want buissnes maybe art I donno.
Explanation:
do you watch anime which one
Alicia is a local personal trainer and owns a fitness studio. She has invested significant time, money, and effort into building her studio’s reputation—as well as her own—in the community. Alicia starts hearing rumors of an owner of a larger fitness center posting derogatory comments about her online. Which tort law is the fitness center owner violating? Describe the law and give two examples of comments that could have been posted.
The tort that the owner of the fitness center is committing is known as Defamation in law.
Basically, tort refers to an action made by someone which gives rise to injury or harm to another person and such actions can be sued in court of law.
Defamation is part of tort in law and refer to the statement made by someone which harms another's party's reputation.
When the owner of the larger fitness center is posting derogatory comments about Alicia, the person is committing an offence of Expressed defamation.
Expressed defamation is one that is written and can be easily proved while Oral defamation is one that is been spoken.
Therefore, Alicia can sue the fitness owner for damages because she suffered loss of reputation because of the derogatory statement made by him.
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baj corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year. the company considers all of its manufacturing overhead costs to be fixed and it has provided the following data for the most recent year.
Baj Corporation uses a predetermined overhead rate based on machine-hours, which is recalculated at the beginning of each year. The company treats all of its manufacturing overhead costs as fixed.
To better understand this concept, let's break it down step by step:
1. Predetermined overhead rate: This is a rate that is established in advance to allocate manufacturing overhead costs to products or jobs. In this case, Baj Corporation determines its predetermined overhead rate based on machine-hours. Machine-hours refer to the number of hours that a machine is used in the production process.
2. Recalculation at the beginning of each year: Baj Corporation updates its predetermined overhead rate annually. This is important because manufacturing overhead costs may vary from year to year due to changes in factors such as rent, utilities, or maintenance expenses. By recalculating the rate, the company ensures that it accurately reflects the current year's overhead costs.
3. Fixed manufacturing overhead costs: Baj Corporation considers all of its manufacturing overhead costs to be fixed. Fixed costs do not change with the level of production or the number of machine-hours used. Examples of fixed manufacturing overhead costs include rent for the production facility, property taxes, and insurance premiums.
By using a predetermined overhead rate based on machine-hours and treating all manufacturing overhead costs as fixed, Baj Corporation can allocate these costs to its products or jobs in a systematic and consistent manner. This helps the company determine the total cost of production for each unit and make informed decisions regarding pricing, profitability, and resource allocation.
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What qualities do Lawyers usually need? Select four options.
creativity
problem-solving skills
research skills
sales skills
analytical skills
interpersonal skills
The qualities that Lawyers usually need to possess includes problem-solving skills, research skills, analytical skills and interpersonal skills
Who is a lawyer?A lawyer is legal professional who advise his clients on all aspects of the law and present cases at court proceedings..
Lawyers need to possess the following skills:
Problem solving skills : This allows the lawyer to be prepared the best defense and recommendation.Research skills: The main work of a lawyer is to research the case again and again so that the evidence could be find out.Analytical skills: This skill help to analyze the client case in order to solve out the problem.Interpersonal skills: The lawyer must be trusty and confidence with the clients.Therefore, the Option B, C, E and F is correct.
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Adidea Corp. Estimates that $5,670 of its accounts receivables are uncollectible. How will the company record the transaction? The company will record the uncollectible $5,670 of its accounts receivable as a debit to uncollectible accounts expense and a credit to the account.
Answer and Explanation:
The journal entry to record the given transaction as follows:
Uncollectible account expense or bad debt Dr $5,670
To Account receivable $5,670
(being uncollectible account expense is recorded)
Here the expense is debited as it increased the expenses and credited the account receivable as it decreased the asset
fter the closing entries have been posted, how has retained earnings been affected by closed accounts? a.a debit for revenues, a credit for dividends, and a credit for expenses. b.a credit for revenues, a debit for dividends, and a debit for expenses. c.a credit for revenues, a credit for dividends, and a debit for expenses. d.a credit for revenues, a debit for dividends, and a credit for expenses.
The correct option among the given options is: After the closing entries have been posted, retained earnings have been affected by closed accounts through a credit for revenues, a debit for dividends, and a credit for expenses.
After the closing entries have been posted, retained earnings have been affected by closed accounts through a credit for revenues, a debit for dividends, and a credit for expenses.
Retained earnings refer to a part of the corporation's earnings that have not been distributed to its shareholders. They are kept back by the company's board of directors for use in the future growth of the business. After the corporation's closing entries have been made, retained earnings are typically affected by closed accounts in a certain manner.
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