Long-term growth depends on total factor productivity. The economy is sometimes measured as a ratio of hours worked to gross domestic product (GDP).
In economics, productivity is defined as the amount of output produced per unit of input, such as labor, capital, or any other resource. The economy is sometimes measured as a ratio of hours worked to gross domestic product (GDP).
To study trends in workforce growth, salary levels, and technological advancement, labor productivity can be further broken down by industry. Productivity increase has a direct impact on corporate earnings and shareholder returns.
Productivity is a measure of the effectiveness of a company's production process at the corporate level. It is measured by comparing the number of units produced to the number of hours employees worked or by comparing the company's net sales to the number of hours employees worked.
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————- Account charges the COGS and other direct expenses and losses against the sales revenue to determine the gross operating result of the concern during a particular accounting period.
Trading
Profit and loss
Income and expenditure
Receipts and payments
Answer:
profit and loss statement.
Explanation:
The statement "Account charges the COGS and other direct expenses and losses against the sales revenue to determine the gross operating result of the concern during a particular accounting period" describes the process of preparing a profit and loss statement, also known as an income statement.
A profit and loss statement is a financial statement that shows the revenues, costs, and expenses incurred by a business over a specific period of time, such as a month or a year. The purpose of a profit and loss statement is to show the profitability of a business by comparing its revenues to its expenses.
To prepare a profit and loss statement, a business typically starts by calculating its total sales revenue for the period. This includes all income received from the sale of goods or services. The business then subtracts the cost of goods sold (COGS) and any other direct expenses and losses from the sales revenue to determine the gross operating result. The gross operating result is also known as the gross profit.
The gross profit is then adjusted for other indirect expenses and losses, such as selling, general, and administrative expenses, to determine the net operating result or net profit. The net profit is the final result of the profit and loss statement and represents the profit or loss of the business for the period.
Therefore, the statement "Account charges the COGS and other direct expenses and losses against the sales revenue to determine the gross operating result of the concern during a particular accounting period" refers to the process of preparing a profit and loss statement.
An international marketing firm is hosting a four-day conference with associated seminars. At which property should the firm host this conference?
Seminars, workshops and conferences preserve excellent importance of life of a student. They are platforms not only to study new aspects, others perspectives and ultra-modern information, but additionally a properly way of networking.
What's the difference between a conference and a seminar?
Another distinction between a seminar and a convention is that while conferences usually last for between a few days and a week, seminars will be lots shorter. They might also be for an hour or two in the afternoon as a substitute than lasting all day.
A seminar is 'a meeting held for the alternate of useful data via individuals of a common enterprise community. ' A webinar is 'an interactive seminar performed by the World Wide Web.
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Using a 21 percent rate:Compute the deferred tax asset or deferred tax liability (if any) from a transaction resulting in a $31,000 temporary excess of book income over taxable income.Compute the deferred tax asset or deferred tax liability (if any) from a transaction resulting in an $18,400 permanent excess of book income over taxable income.Compute the deferred tax asset or deferred tax liability (if any) from a transaction resulting in a $55,000 temporary excess of taxable income over book income.
Answer:
A) 21% of $31,000 excess of book income over taxable income = $6,510 deferred tax liability.
B) There is no deferred tax asset or liability from permanent book/tax difference.
C) Deferred tax asset or deferred tax liability from a transaction resulting in a $55,000 temporary excess of taxable income over book income: 21% of $55,000 excess of taxable income over book income = $11,550 deferred tax asset.
Telecommunications equipment manufacturers in the USA sell their products to people who live in Canada. Is Canada an export?
Answer:
FALSE
Explanation:
NO Canada is NOT an export because the Telecommunications equipment was produced in USA and not in CANADA which means that the USA is an export because USA manufactured or produced the TELECOMMUNICATIONS EQUIPMENT which was then sold to another country which is Canada, Based on this we can defined EXPORT as a trade that occur between two countries in which a country produced good or service in which such goods or service produced by this country is been sold to another country just as in the case of USA which produced Telecommunications equipment which was then sold to Canada which means that the USA which is the manufacturer of the Telecommunications equipment sold to Canada is the EXPORT.
Example of TELECOMMUNICATIONS EQUIPMENT include the following;
Routers,Telecommunication towers, Switches among other.
What is the association of the term “integration” with ERP?
Answer: ERP integration is the method by which a business connect its ERP (Enterprise Resource Planning) software with other applications.
Explanation: ERP integration, to put it, simply, links and synchronises ERP software with other programs and data sources. Whether the data comes from the ERP or other systems, ERP software integration gives you a unified picture of data from several systems in real time.
What are some of the reasons businesses fail?
Answer:
The most common reasons businesses fail include a lack of capital or funding, retaining an inadequate management team, a faulty infrastructure or business model, and unsuccessful marketing initiatives.
Some of the reasons businesses fail are lack of knowledge, lack of planning, lack of management of resources effectively.
What is business?An economic activity that involves the exchange of goods and services with the help of buying and selling with the objective to gain some profit is called Business.
A business can possibly fail when there is no planning of things like what to do and how to do it. For a business, to be effective, there should be a plan or roadmap which needs to be followed step by step in order to succeed.
A business will fail when it is unable to manage the capital as well as the workforce effectively and make optimum utilization of it in order to produce and achieve productivity in abundance.
When a business does not have expertise or knowledge about the field as well as current market trends and competitors it will go to fail as it is unable to cope with the trend
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On January 1, 2021, Clark Corporation sold an $800,000, 7% bond issued for $767,320. The bonds are to pay interest quarterly and mature in 5 years. The market rate of interest if 8%. What is Clark’s total cost of borrowing?
Clark Corporation's total cost of borrowing $800,000, 7% bonds issued for $767,320 for 5 years is $344,702.87.
What is the total cost of borrowing?The total cost of borrowing includes the bond discounts and the interest expenses.
In this case, the total cost of borrowing is $344,702.87. However, this is only the pre-tax cost.
Data and Calculations:Face value = $800,000
Interest rate = 7%
Bonds proceeds = $767,320
Bonds discounts = $32,680 ($800,000 - $767,320)
Maturity period = 5 years
Market rate = 8%
Interest payment = quarterly
Quarter interest expense = $14,000 ($800,000 x 7% x 1/4)
N (# of periods) = 20 (5 x 4)
I/Y (Interest per year) = 8%
PMT (Periodic Payment) = $14,000 ($800,000 x 7% x 1/4)
FV (Future Value) = $800,000
Results:
PV = $767,297.13
Sum of all periodic payments = $280,000 ($14,000 x 20)
Total Interest = $312,702.87
Total cost of borrowing = $344,702.87 ($32,680 + $312,702.87)
Thus, Clark Corporation's total cost of borrowing $800,000, 7% bonds issued for $767,320 for 5 years is $344,702.87.
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Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows:
1. What is the materials quantity variance for March?
2. If Preble had purchased 171,000 pounds of materials at $7.20 per pound and used 155,000 pounds in production, what would be the materials quantity variance for March?
3. What is the labor rate variance for March?
4. What is the labor efficiency variance for March?
5. What is the labor spending variance for March?
Labor efficiency variance = (Actual hour * Standard rate) - (Standard hour * Standard rate).
Labor efficiency variance = $404,600 F
What is Labor efficiency variance?By "efficiency of labor," we mean a worker's ability to produce more or better work, or both, over the course of a given amount of time.
1) Labor efficiency variance = (68,000 * $17) - ((30,600 * 3) * $17)
Labor efficiency variance = $1,156,000 - (91,800 * $17)
Labor efficiency variance = $404,600 F
2) Variance in direct labor worked divided by variance in labor efficiency
Variance in labor costs is $404,600 - $68,000.
Variance in labor costs = $336,600 F
3) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.
Manufacturing variable overhead cost = 24,000 * $21
$504,000 is the variable manufacturing overhead cost.
4) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.
Cost of variable overhead in production = 30,600 * $21
$642,600 is the variable manufacturing overhead cost.
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g Suppose you own a jewelry store. In exchange for a discount on your burglary insurance premium, you promise the insurer that you will keep a trained guard dog on the premises at ALL times, even when the store is closed. You decide one evening to take the dog home with you (it's his birthday and you want to give him a night off) instead of leaving him in the store. A burglar breaks in and steals everything that night. The insurance company finds out the dog wasn't in the store when the burglary happened and denies your claim. WHY
Answer:
The store's insurance company is right to deny the claim, provided it is written down in the insurance policy agreement between the store and the insurance company. The policy agreement requires the keeping of a trained guard dog on the premises at ALL times.
Explanation:
The violation of a policy condition can only be overlooked if it is not stated in the insurance agreement. The promise to keep a trained guard dog on the premises is a policy condition. Taking the dog home for a night violates that condition. You could have brought a substitute dog on the night of the dog's birthday. This way, it could have frustrated the burglar's efforts on the faithful day.
What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
Determine the missing amount:
Assets=Liabilities+owners Equity x 272000 573000
Based on the given amounts of assets and liabilities, the missing amount of Owner's equity is $301,000
How to find the equity?The Owners equity is one of the parts of the Accounting equation which is:
Assets = Liabilities + Owners Equity
The Assets in this instance is $573,000 and the Liabilities are $272,000.
The Owner's equity is the missing amount and it can be found as:
573,000 = 272,000 + Owners Equity
Owners Equity = 573,000 - 272,000
Owners Equity = $301,000
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Return on Invested Capital (ROIC) is a profitability ratio that measures how effective the firm is at generating a return for investors who have provided capital (bondholders and stockholders). The ROIC calculation answers three questions: How tax efficient is the firm? How effective are the firm’s operations? How intensively does the firm use capital? Comparing the answers to these questions between firms can help you understand why one firm is more profitable than another and where that profitability is coming from.
In the following, Apple’s ROIC is compared to Blackberry’s. The income statement and balance sheet are provided for both firms. While the ROIC calculation for Blackberry is completed below, you have to complete the calculation for Apple by supplying the correct income statement and balance sheet information. As you fill in this information, the components of Apple’s ROIC will be
calculated along with some supporting ratios. Use these subcomponents and supporting ratios to compare Apple and Blacberry’s performance. Where does Apple’s advantage come from?
This activity demonstrates the calculation of ROIC and the comparison of firm performance, supporting Learning Objective 5-1 and 5-2.
Instructions
Use the income statement and balance sheet information for Apple to fill in the missing items in the calculation of Apple’s ROIC and supporting ratios. Once filled in correctly, compare Apple’s performance to that of Blackberry. Where does Apple have an advantage? Where does Blackberry have an advantage?
Apple, Inc. Blackberry
Income Statement YE Sept 2012 YE Mar 2012
Net sales 156,508
Cost of sales 87,846
Gross margin
Research & development expense 3,381
Selling, general & admin expense 10,040
other operating 0
Total operating expenses
Operating margin
Interest & dividend income 0
Interest expense 0
Other Income / Expense 522
Total Other income
Earnings before taxes
Provision for taxes 14,030
Net income (loss)
Short-term marketable securities
Components 0 Inventories 791 Total current assets
Long-term marketable securities
Other assets
18,423
11,848
1,559
2,600
930
0
0
21
354
Balance sheet YE Sept 2014 YE Mar 30 2012
Cash & cash equivalents 10,746 247
Accounts receivable 10,930 0
Finished goods 0 1,027
68,662
13,421
55,241
522
55,763
41,733
6,575
5,089
1,486
21
1,507
1,153
1,527 3,062 0 1,208
2,733
0 2,645
0
Apple Inc Microsoft Corporation
18,383
Other Current Assets 16,803
Fixed Assets: PP&E (net) 15,452 3,927
0 102,959
57,653
176,064
38,542
19,312
7,071
13,731
3,389
0
Long term assets 6,660
Total assets
Accounts payable Deferred revenue
Total current liabilities Long-term debt
Deferred tax liabilities Other long-term liabilities Long-term liabilities
21,175 0
0 0
Accrued expenses 11,414 0
744
other 5,953
Deferred revenue - non-current 0 0
0
Other non-current liabilities 19,312 242
Total long-term liabilities 242
Here is the ROIC calculation for Apple, Inc.:
The ROIC calculationNet income (loss) $14,030
Interest expense $0
Taxes $14,030
Net operating profit after taxes $28,060
Average invested capital $176,064
Return on invested capital (ROIC) 15.9%
The following table compares Apple's ROIC to that of BlackBerry:
Company | ROIC
------- | --------
Apple | 15.9%
BlackBerry | 4.9%
As you can see, Apple's ROIC is significantly higher than BlackBerry's. This is due to a number of factors, including Apple's higher gross margin, operating margin, and net income.
Apple also has a lower tax rate than BlackBerry, which helps to boost its ROIC.
Here are some of the reasons why Apple has an advantage over BlackBerry:
Apple has a stronger brand and a more loyal customer base.Apple's products are more innovative and user-friendly than BlackBerry's products.Apple has a more efficient supply chain and a more effective marketing strategy.Blackberry does have some advantages over Apple, such as its strong security features and its experience in the enterprise market. However, these advantages are not enough to offset Apple's overall advantages.
Overall, Apple is a more profitable company than BlackBerry. This is due to a number of factors, including Apple's strong brand, innovative products, efficient supply chain, and effective marketing strategy.
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(12) 4 Briefly describe what the profit maximisation rule is and comment 5 on the quantity at which the brickyard (business) maximises its profits. Draw well-labelled TC and TR curves for the brickyard using the values you have determined above. 6 Use practical examples that brickyards (businesses) can use to differentiate between short and long-run costs. MOGALAKWENA ECONOMICS GRADE 11 COMMON TASK MAY 2023 [RESEARCH PROJECT] (10) (5) (10) C
The rule states that a business should produce at a quantity where marginal revenue (MR) is equal to marginal cost (MC).
This is because business is maximizing its profits by balancing the additional revenue gained from producing an additional unit with the additional cost incurred.
What is the quantity at which the brickyard maximizes its profits?The brickyard will maximize its profits at the quantity where marginal revenue equals marginal cost. By determining values for marginal revenue and marginal cost, we can find the optimal quantity for the brickyard to produce.
To draw labelled total cost (TC) and total revenue (TR) curves for the brickyard, we must know values for total cost and total revenue at different levels of output. Once we have them, we will plot them on a graph with quantity on the x-axis and cost/revenue on the y-axis.
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The financial institution where Mrs. Jones has her checking account will continue to pay out money for the checks she writes as long as: *
There is enough money in her account to cover the amount of the checks
The financial institution has sufficient funds
She maintains a good record of deposits and handles her account responsibly
She uses checks from her checkbook
Answer:
There is enough money in her account to cover the amount of the checks
Explanation:
A check is a specially printed document which, when dully filled and signed, instructs a bank to pay the named person the specified amount of money. The check is prepared by the drawer and addressed to his or her bank, the drawee.
The check draws funds from the drawers checking account. Writing a check is actually making payments with the money held in the checking account. The banks will honor the instructions on the check as long as the drawer's account has sufficient funds to complete the transaction.
Case Study Questions
In your opinion, what role did the Independence Day declaration have on the motivation of the people working at ISRO? Would the prior admission of the ISRO chairman in 2008 of a Mars mission have had any effect?
Evaluate the SMARTness of the objectives for the Mars Orbiter Mission. Analyse the decision taken by the chairman of ISRO to use the PSLV instead of the GSLV, in the context of being attainable vs. being challenging.
Discuss the role of the preparatory studies conducted for the Mars mission. What role did the success of the prior mission Chandrayaan-I have on the execution and planning for this mission?
What peripheral political advantage could India have envisaged for Mangalyaan? Would the mission have been conceived had the prior ISRO chairman been at the helm? Why or why not?
The Mangalyaan mission was subject to quite a bit of criticism, among them being the previous ISRO chairman, Dr Nair, who was of the opinion that ISRO should have focused on GSLV which would allow India to put up a stronger mission to Mars, due to the higher payload capacity of the GSLV.
Further, this could have augmented future space efforts by India. Near the culmination of the project however, all critics were full of praise for the scientific community of India. E.V. Chitnis, a scientist on the team that launched India's first rocket, asserted that critics had not accounted for the strides made by the country's space program and the ensuing economic benefits by demonstrating interplanetary capability.
ISRO's commercial arm, Antrix, has been putting satellites into orbit profitably, and a demonstration of the capability for interplanetary programs can only augment this.
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Which of the following were the goals of TILA and the CARD Act? Select the two correct answers. (1 point)
Olimit the profit of credit card companies
Oprotect lenders from the borrowers defaulting or refusing to pay
Oprotect borrowers from predatory acts by lenders
O redistribute the profit of credit card companies back to their customers
Oclarify the language used in applications
4
You are protected from unreliable and dishonest credit invoicing and credit card practices under the Truth in Lending Act (TILA). It mandates that lenders give you information on loan costs so you may shop around for certain sorts of loans.
What are TILA goals?
The Truth in Lending Act, often known as rule Z or TILA, mandates that lenders provide information on all costs and expenses related to a loan. This federal regulation from 1968 mandates that lenders explain the conditions and expenses of consumer loans in order to encourage honesty and transparency.
The Truth-in-Lending Act was passed to provide accurate disclosure of credit conditions, allowing consumers to examine the range of credit terms on offer and preventing impulsive credit use.
With the aim of avoiding the ill-informed use of credit to the detriment of the national economy, it is the policy of the State to safeguard its citizens from a lack of knowledge of the actual cost of credit to the user.
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Solutions for lack of accurate and timely information?
Solutions for information overload?
Information overload is a rising issue for organisations all over the world, and improving employee experience is a top concern for the majority of them. The problem is that, despite the fact that information overload is a well-known issue, it appears that most firms have yet to find effective methods to address it, which is rather concerning.
Information overload in the workplace refers to the large volume of irrelevant information that circulates among employees. In today's job, it is difficult to prevent information overload. Most businesses, from start-ups to huge corporations, are experiencing information overload.
It is also critical to deliver correct and timely information. People and organizations will make poor judgements in the absence of accurate, reliable, and timely information.
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ABC manufacturing company produces a television table that sells for $10 per unit. It has variable costs of $5 per unit and incurs fixed costs of $20000 per period. Find break-even point in units.
Answer:
i think it's 4000 units
Which Airlines lounges are the best ?
Answer:
Air France La Première Lounge, Paris is the first best Airline lounge in the World.
Explanation:
The Air France La Première Lounge gives its customer one of the fashionable flying experiences in the world, as it includes freshening up the cozy cocktail bar to be brighter and more inviting, adding semi-private relaxation areas and installing new pieces of art.
In addition to having one of the best first class inflight experiences available, Air France also provides an outstanding ground experience in Paris. Best food is also offered at the restaurant there.
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What’s a property owned by a business?
Answer:
Personal property is property owned by an individual or business that is transportable and not fastened to or related with the land. Personal property is everything that isn't actual property (land and buildings).
Explanation:
Answer:
item of value to company
Explanation:
Question 1: Suppose that Markus Braun has a set of steps that Wirecard takes each time they acquire a new company. This blank (1)___________ is known as a blank (2) _____________.
1. a. single-use plan or b. standing plan
2. a. rule
b. regulation
c. policy
d. standard operating procedure
Question 2: Which of the following is a limitation of the planning process at Wirecard? Check all that apply.
a. Goals and plans help employees understand what behaviors are needed at work.
b. Goals and plans make employees more committed to their work.
c. Goals and plans can derail innovation and creativity.
d. Goals can make managers think they know what the future will be like, even when they don’t.
1. Suppose that Markus Braun has a set of steps that Wirecard takes each time they acquire a new company. This blank standing plan is known as a blank standard operating procedure
2. Goals and plans can derail innovation and creativity and goals can make managers think they know what the future will be like, even when they don’t. Options c and d are the answers.
What are goals and plans?Goals are the intended results or targets that a person, group, or organization aspires to achieve within a predetermined timeframe. They serve as a source of motivation and offer actions a clear direction and purpose. To promote clarity and effectiveness, goals are often specific, measurable, achievable, relevant, and time bound.
Plans: Plans are the steps or approaches developed to accomplish the specified goals. They lay forth the procedures, materials, and schedules needed to accomplish the specified goals. Plans can be short-term or long-term and can cover a variety of topics, including project plans, operational plans, marketing plans, and financial plans. They offer a decision-making road map and direct people and organizations toward achieving their objectives.
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Question 5
The Elements of Supply Chain are:
Answer:
The elements of a supply chain include all the functions that start with receiving an order to meeting the customer's request. These functions include product development, marketing, operations, distribution networks, finance, and customer service. (I hope this helped!!! Have a great day!!)
The best way for a sophomore man to start-up
trong hoạt động chính trị, việc không tôn trọng quá trình tích lũy về lượng mà chỉ chú trọng thực hiện bước nhảy biểu hiện khuynh hướng nào?
Answer:
ewan
Explanation:
What are some benefits of using personalization?
Answer:
According to marketing surveys, more than 80% of the B2B marketers have shifted from traditional methods to hyper personalization strategies to get more engagement.
1. It’s a different approach
2. It stands out among your competitors
3. Word of Mouth Always Works
In the DAX Calculation Process, what is the purpose of "applying the filters to the tables in the Power Pivot data tables?"
The purpose of applying filters to the tables in the Power Pivot data tables in the DAX Calculation Process is to recalculate the measure in the Measure Area and apply these filters to the PivotTable.
Why is it necessary to apply filters to the tables?Applying filters to the tables in the Power Pivot data tables is necessary in the DAX Calculation Process to ensure accurate and dynamic calculations of measures. By applying filters, the DAX engine evaluates the measure within the context of the specified filters.
This is taking into account only the relevant rows and columns in the data model. This allows for precise and targeted analysis based on specific criteria or conditions. These are propagated to the associated PivotTable enabling the display of filtered and aggregated data in a visual format for users to analyze and explore.
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Explain the meaning of environmental scanning. Illustrate with examples the
relevance of technological, political, economic, social, and regulatory environments
in the context of marketing strategy. How managers are involved in environmental
scanning?
Environmental scanning refers to the process of gathering and analyzing information about the external factors that can impact an organization's business environment.
Technological factors include advancements in technology, such as the rise of e-commerce, mobile applications, or automation, which can create new marketing channels or change consumer behaviors.
Political factors encompass government policies, regulations, and political stability that can impact marketing strategies. For example, changes in trade policies or regulations related to data privacy can influence international marketing activities.
Economic factors include economic conditions, such as inflation rates, exchange rates, or consumer purchasing power, which can affect consumer behavior and demand for products or services.
Social factors refer to societal trends, cultural norms, and consumer preferences that can influence marketing strategies. For instance, shifts in consumer values towards sustainability or increased focus on health and wellness can shape product development and advertising campaigns.
Regulatory factors involve laws and regulations that organizations must comply with, such as consumer protection laws or industry-specific regulations. These can impact marketing activities, advertising content, or product labeling.
Managers play a crucial role in environmental scanning. They are responsible for monitoring and analyzing the external environment, identifying relevant trends and potential opportunities, and making informed decisions based on the insights gained.
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The difference between a firms current assets and current liabilities is known as the
Answer:
Working capital
Explanation:
Working capital, also called net working capital, represents the difference between a company's current assets and current liabilities.
The difference between a firm's current assets and current liabilities is known as its "working capital." Working capital is a measure of a company's short-term financial health and represents the funds that are available to finance the day-to-day operations of the business.
Current assets include cash, accounts receivable, inventory, and other assets that are expected to be converted into cash within one year or within the normal operating cycle of the business, whichever is longer. Current liabilities, on the other hand, include accounts payable, short-term loans, and other obligations that are due within one year or within the normal operating cycle of the business. Therefore, working capital is calculated by subtracting current liabilities from current assets: Working Capital = Current Assets - Current Liabilities
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When governments use monetary policies to make sure most citizens can find jobs, they are pursuing the policy goal of:
A. reducing the overall money supply
B. keeping interest rates moderate
C. promoting stable prices
D. maximizing sustainable employment
Answer:
D. maximizing sustainable employment
Explanation:
Hope this helps!
The correct option is D. When governments use monetary policies to make sure most citizens can find jobs, they are pursuing the policy goal of maximizing sustainable employment.
What do mean by maximizing sustainable employment?Maximum sustainable employment (MSE) is the level of employment at which the economy might continue to operate indefinitely without, on the one hand, leaving workers who wish to work without a job and, on the other, without significantly taxing labor markets.
Maximizing employment, maintaining price stability, and maintaining reasonable long-term interest rates are the objectives of monetary policy. The Fed may foster conditions for long-term economic development and maximum employment by adopting an effective monetary policy, which will keep prices steady.
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intercontinentel baseball
Manufacturers 18m) hasan
outstanding bond that reatures
moyears. The bond, which
pays $25 intrest overy six
months 850 per share), is
Currently selling for 598.55
What is the bond's yeuld to
Answer:
12%
Explanation:
The computation of the yield to maturity is shown below:
Given that
Coupon (pmt) = $ 25
Present Value of Bond (PV) = $598.55
Face Value (FV) = $1000
No of Semi annual Period (nper) = 10 × 2 = 20
Now
The formula to calculate Bond's Half yearly yield to maturity is = rate(nper,pmt,-pv,fv)
= rate(20,25,-598.55,1000)
= 6%
Now Bond's Annual yield to maturity is
= 6% × 2
= 12%