Extreme Sports, a bicycle, ATV, and motorbike retailer, buys its inventory on credit. The money owed is classified on its balance sheet as a(n)--account payable.
What is Account Payable?The accounts payable department is responsible for the financial, administrative and clerical support of a business. They are responsible for making payments owed by the business to suppliers and other creditors, paying supplier bills or bills, and recording the short-term liabilities of the business.
What qualifications do you need for Accounts Payable?Accounts Payable Specialists must have at least a high school diploma or GED certification. Some employers prefer candidates who also have an associate's degree in accounting or another related field. Related courses include economics, accounting principles, spreadsheets, computerized accounting, and taxation.
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on-a-roll, inc. amortizes its patent of $20,000 over 20 years. the adjusting entry to record amortization results in a(n) . (check all that apply.) multiple select question. increase to liabilities on the balance sheet decrease to net income on the income statement increase to net income on the income statement decrease to assets on the balance sheet increase to assets on the balance sheet
On-a-roll, inc. amortizes its patent of $20,000 over 20 years. the adjusting entry to record amortization results in a decrease in net income on the income statement decreased to assets on the balance sheet.
Amortization is an accounting approach used to periodically lower the book cost of a loan or an intangible asset over a fixed time frame. regarding a mortgage, amortization focuses on spreading out mortgage bills through the years. whilst applied to an asset, amortization is just like depreciation.
An organization may additionally amortize the price of a patent over its beneficial existence. Say the organization owns the extraordinary rights over a patent for 10 years, and the patent isn't always to resume on the give up of the duration.
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discuss the choices the marketing manager must make in: pricing flexibility price level pricing over the product life cycle
B2B Market segmentation identifies specific target market segments to fine-track marketing, grow sales, and force product development. The distinction between the B2B marketplace and B2C marketplace is B2B stands for enterprise-to-enterprise, regarding a kind of transaction that takes place between one business and another. B2C stands for enterprise-to-consumer, as in a transaction that takes vicinity between an enterprise and a man or woman because of the quit customer.
To do marketing in pricing flexibility, price level, and pricing over the product life cycle, the manager can use the B2B market.
Business-to-business or also known as B2B marketing means the marketing of products or services to other businesses and organizations.
That question is not complete. The complete question is shown in the attachment.
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Based on the decision in mcnabb v. U. S. , the standard maximum time by which a first appearance should be held has been set at ________ hours after arrest.
The standard maximum time by which a first appearance should be held has been set at 48 hours after arrest as a result of the ruling in McNabb v. U.S.
Arraignment. The arraignment is a defendant's initial court appearance. The defendant has the right to hear the judge read the charges against him or her at this appearance.
United States (1957), which 1) mandates that defendants be brought before a judge or judicial officer as soon as possible after being arrested and 2) orders judges to disregard any confessions or evidence obtained by police during the interim between the defendant's arrest and the defendant's initial appearance hearing.
the defendant's initial court appearance in a criminal case. The defendant is often notified of the allegations against him or her and advised of his or her rights at the initial court appearance. It is the same as arraignment in several states.
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With respect to bad debts, what is the allowance method
Answer:
The allowance method refers to one of the two ways for reporting bad debts expenses that results from a company selling goods or services on credit. A business will set aside a certain amount of funds to cover bad debts—or money that probably won’t be repaid to them—and is typically calculated as a percentage based on company sales (in a previous sales period) and specific customer risk assessment.
before kyah was hired at ac technologies, marcus was the only person in the office with detailed knowledge of the computerized inventory control system. since kyah is now equally familiar with the system, marcus has found that his level of expert power within the organization has decreased due to which factor?
The level of expert power for Marcus ad decreased due to the substitutability factor in the organization.
In the field of business, when a person working in an organization has a threat from another worker who is equally skilled to him then such a phenomenon is referred to as substitutability.
Substitutability refers to the act of being replaced by a person who is of equal value to you.
In the case above, Kyah is a substitute for Marcus as she has the same computerized knowledge as him. Hence, the level of expert for Marcus has decreased because of a substitute being present in the company now.
Although a part of your question is missing, you might be referring to this question:
before Kyah was hired at ac technologies, Marcus was the only person in the office with detailed knowledge of the computerized inventory control system. since Kyah is now equally familiar with the system, Marcus has found that his level of expert power within the organization has decreased due to which factor?
substitutability
threat
competition
reliability
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What is the best example of an etiquette guideline new employees should follow? question 2 options: take credit for a coworker's ideas if you can get away with it bully employees lower on the company hierarchy to help with your tasks let your teammates know if you could potentially miss a deadline arrive five minutes late for meetings because they never start on time
The best example of an etiquette guideline new employees should follow is take credit for a coworker's ideas. Your coworkers are not your contender, you can't do the job alone and teamwork is very important in an organization or company.
New employee etiquette guidelinesWhen you land a job in a company, you are the new guy in that place, you know nothing about it. There are several etiquette guidelines you can follow to cope with the new place, including:
1. Always make a good impression.
2. The key is communication between teammates.
3. Learn your environment, once you handle that everything will be so easy.
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Answer:let your teammates know if you could potentially miss a deadline
Explanation: i took the test
in the video, what do both managers suggest should be done to ensure that effective communication is taking place?
Communication's most crucial component is listening. Understanding spoken or written material is only one aspect of effective listening; another aspect is recognizing the speaker's emotions as they are expressed.
What actions should managers take to enhance the effectiveness of communication inside the company?Managers should promote a two-way communication approach to increase communication effectiveness. Through the use of two-way communication, the recipient can inform the sender whether they have been understood by asking questions, requesting clarification, and expressing opinions.
Why is it crucial for managers to have strong and efficient communication skills?Strong management - Managers are better equipped to manage their teams when they are strong communicators. Being an effective communicator makes it much simpler to delegate tasks, manage conflicts, inspire employees, and develop relationships—all crucial managerial duties.
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john earned a phd in biomedical engineering, and works full-time as a faculty member at the local university. he also does some private consulting work on the side. he would like to give up teaching and do consulting full-time, but he fears there isn't enough demand for it. when computing the official unemployment rate, john is considered:
John would like to stop teaching and focus only on advising, but he is concerned that there would be insufficient demand. When calculating the official unemployment rate, John is deemed employed.
'Demand' is the very first and most fundamental idea that we study in Economics. Demand is defined as the ability and desire of the general population to purchase a good or service. Demand is a microeconomic variable that deals with the 'what is likely to happen' component of the economy. According to the chapter, demand is a crucial subject for Commerce students. Everyone, regardless of field of study, needs to have a basic understanding of demand. In economics, 'demand' refers to a consumer's ability and desire to acquire a good or service. It is the primary driver of a country's economic growth. Other economic activity will become irrelevant without it.
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a global u.s. manufacturer decides to open a plant in india. which stage of globalization would this illustrate?
The globalisation of business refers to the process of internationalization, where businesses expand their operations to other countries. This can be done through different methods such as exporting, licensing, franchising, and setting up foreign subsidiaries.
The decision to expand internationally can be a response to different factors such as the desire to tap into new markets, the need to be closer to suppliers or customers, or to take advantage of lower labor costs.
The expansion of a business into India would illustrate the globalization of business, as the company would be expanding its operations into a new country. This would involve setting up a new plant in India, which would require the company to obtain the necessary licenses and permits, as well as to hire local staff. The company would also need to adapt its products and marketing to the local market in order to be successful.
The globalisation of business can have both positive and negative effects on a company. On the positive side, expanding into new markets can lead to increased sales and profits. It can also help a company to become more efficient and to learn new technologies and methods. On the negative side, globalisation can lead to cultural conflict, as well as to environmental and social problems.
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imagine that scott has asked your opinion about whether barcelona should try to reduce involuntary turnover. what is an advantage of the current practice of firing a large percentage of employees?
Barcelona can swap out ineffective performers for more potent ones.
What is Barcelona:
Spain's Catalonia region's cosmopolitan capital, Barcelona is renowned for its art & architecture. The city is filled with modernist structures, including the spectacular Sagrada church.
This summer, as Barcelona spent a combined to buy Brazil winger from Leeds United, Poland striker Robert Lewandowski from Bayern Munich, and France center-back Jules from Sevilla, the curiosity has, in certain places, turned into jealously and bitterness. On free transfers, they also acquired Andreas Christensen and Franck Kessie from Chelsea and AC Milan, respectively.
Barcelona is a seaport city that serves as the regional headquarters of northeastern Spain's Catalonia autonomous community and is 90 miles from the French border. It is renowned for its uniqueness, cultural appeal, and physical beauty and serves as Spain's main Mediterranean port and commercial hub.
Barcelona is situated on a plain that is normally bordered by the River (north), the Llobregat Rivers (south), the rock outcrop. Barcelona faces the Mediterranean Sea to the southeast. Barcelona has had to deal with the effects of its strategic position and political implications throughout its history.
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assume zap industries reported the following adjusted account balances at year-end. 20212020 accounts receivable$ 1,640,200$ 1,290,920 allowance for doubtful accounts(87,000)(71,800) accounts receivable, net$ 1,553,200$ 1,219,120 assume the company recorded no write-offs or recoveries during 2021. what was the amount of bad debt expense reported in 2021? multiple choice $15,200 $71,800 $87,000 $30,400
The amount of Bad Debt Expense zap industries reported in 2021 was $15,200 if company has recorded no write-offs or recoveries.
How to calculate Bad Debt Expense ?When a receivable is no longer recoverable as a result of a customer's inability to pay an outstanding debt owing to bankruptcy or other financial issues, a bad debt expense is recorded.
Bad debt expenses equation can be recognized using two methods:
Direct Method With this approach, the business directly records the cost of bad debt. Since this procedure does not adhere to the matching concept specified in the "generally accepted accounting principle," the business does not typically employ it.Allowance Method According to this method, bad debts are recognised as a portion of sales made or outstanding debtors based on their ageing and are transferred to a different account known as Allowance for Doubtful Debts.The opening balance of the allowance account = $71,800
The closing balance of the allowance account = $87,000
The amount of bad debt expense = $87,000- $71,800
= $15,200
The amount of bad debt expense reported in 2021 is $15,200.
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when a startup's promotional strategy is to place the product with retailers, trade shows, and other venues for the customer to experience, this is called a:
when a startup's promotional strategy is to place the product with retailers, trade shows, and other venues for the customer to experience, this is called a Push Strategy.
A push promotional technique is a form of marketing in which businesses bring their goods directly to customers. With the help of trade exhibits and point-of-purchase displays, this technique aims to put the product in front of consumers directly.
A push approach aims to sell to customers directly, eschewing conventional means of distribution. Direct sales of travel or insurance are two examples of this. Consumer promotions and advertising are the most likely promotional tools with this kind of strategy.
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an advantage of a firm having to pay for blank is that it can control what it wants to say, when to send its message, and to some extent, to whom the message is sent. multiple choice question. public relations publicity distribution advertising
Direct marketing campaigns operate independently to communicate directly with target audiences, in contrast to traditional public relations campaigns that are distributed through a third party like media publications or mass media.
Direct marketing: What Is It?Any kind of marketing that communicates or distributes directly to individual customers rather than through a third party like the mass media is considered direct marketing. Among the delivery methods utilized are texting campaigns, email, social media, and mail. Because it generally eliminates the middleman, such as advertising media, direct marketing is referred to as such.
What are examples of direct marketing?Direct marketing strategies include email, online ads, flyers, database marketing, promotional letters, newspapers, outdoor advertising, phone text messaging, magazine ads, coupons, phone calls, postcards, websites, and catalog distribution.
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what might a private landowner do with land that they want to conserve and support the oregon act for sustainable land management?
A private landowner do with land that they want to conserve and support the oregon act for sustainable land management convert the land to a prairie or a grassland.
What is the job of landowner?The extensive ecosystem services that are given on a landowner's property may be protected by the landowner's autonomy in preserving the property and their position as stewards of the land. No matter how harmless, government involvement in land use may be seen as unworkable.
What exactly is a landowner contract?An agreement in writing between a public entity and a landowner granting access to the house for the purpose of inspecting project-related elements is known as a landowner agreement.
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are liquidated damages intended only for missing the completion date of a project, or may they also be established for failure to meet mid-project interface dates?
Liquidated damages are established for both failure to fulfill mid-project interface dates and project completion dates, and are intended in both scenarios. They are recoverable for delays in the remaining work after substantial completion.
Amounts paid by the injured party as compensation for a specific contract formation breach are known as liquidated damages under contract law. These damages are compensated when a contract (or project) is not completed or when the completion deadline is not met.
Liquidated damages are typically tied to the project's "substantial completion date" (typically defined as the point at which the owner can use the project for its intended purpose); consequently, they are not typically enforceable.
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Medical facility does MRIs for sports injuries. Occasionally a test yields inconclusive results and must be repeated. Use the following sample data and n = 200. SAMPLE 1 2 3 4 5 6 7 8 9 10 11 12 13 Number of retests 1 2 2 0 2 1 2 0 2 7 3 2 1 a. Determine the upper and lower control limits for the fraction of retests using two-sigma limits. (Do not round intermediate calculations. Round your final answers to 4 decimal places. Leave no cells blank - be certain to enter "0" wherever required. )
The number of retests for sample number 10 (retests = 7) does not fall within the calculated values of UCL (0.0234) and LCL, hence the process is not under control (0).
The two-sigma limit is what?It can be tricky to use sigma, also known as standard deviation. It's a fantastic tool for studying any piece of data, though. By eliminating the data you don't need and focusing just on the relevant data at hand, using two-sigma control limits can improve your analysis.
The best part is that there is very little math required because the principle underpinning control limits is based on standard deviation.
Calculation:
Number of samples (N) = 13
Sample size (n) = 200
Retests: (1+2+2+0+2+1+2+0+2+1+2+0+2+7+3+2+1) = 25
(a) Number of retests / Total Number of Observations equals the defect rate (P-bar).
P-bar = 25 / (13 * 200)
P-bar = 25 / 2600
P-bar = 0.0096
P-bar's standard deviation = √[P-bar x (1 - P-bar)] / n
Sp = √[0.0096 x (1 - 0.0096)] / 200
Sp = 0.0069
Upper Control Limit (UCL) equals (Z x Sp) + P-bar
For 2-sigma limits, Z = 2
UCL = 0.0096 + (2 * 0.0069)
UCL = 0.0234
Lower Control Limit (LCL) = P-bar - (Z x Sp)
LCL = 0.0096 - (2*0.0069)
Lower Control Limit = -0.0042 or 0 (the retest count cannot be negative)
LCL = 0
(b) The defect rate is determined for each of the provided retests as follows:
1, P-bar = 1/200, and the number of retests is 0.0050.
2, P-bar = 2/200 = 0.0100 for the number of retests.
3, P-bar = 3/200 = 0.0150 for the number of retests.
7 retests total, P-bar = 7/200 = 0.0350. (outside the limits)
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you are in the process of purchasing a new automobile that will cost you $35,000. the dealership is offering you either a $5,000 rebate (applied toward the purchase price) or 4.5% financing for 60 months (with payments made at the end of the month). you have been pre-approved for an auto loan through your local credit union at an interest rate of 8.0% for 60 months. should you take the $5,000 rebate and finance through your credit union or forgo the rebate and finance through the dealership at the lower 4.5% apr?
Instead of $5,000 rebate and finance through your credit union or forgo the rebate ,we should finance through the dealership at the rate 4.5% apr.
1).If we take rebate of $ 5000, we will get the loan at 8% from bank for 5 year
$ 35000 - $ 5000 = $30000
Interest on $30000 at 8% for 5 years
= (1.08)^5
= 1.587
Total amount to be paid
= (30000* 1.587)
= 47610
2.) if we doesn't take the rebate, we will get the loan at 4.5% for 5 years
$35000
Interest on $ 35000 at 4.5% for 5 years
= (1.04)^5
= 1.22
Total amount to be paid
= (35000*1.22)
= 42700
Clearly taking rebate is not beneficial to us.
So it is recommendary to not go for the rebate, rather take the loan at 4.5%
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one characteristic of an oligopolistic market structure is group of answer choices firms in the industry are typically characterized by very diverse product lines. products typically sell at a price that reflects their marginal cost of production. the actions of one seller can have a large impact on the profitability of other sellers. since markets are typically large, the actions of one seller largely go unnoticed by its competitors.
An oligopoly is a market structure when a small number of producers produce uniform goods or goods that are close substitutes for one another. There is fierce competition in the market as a result of a small number of companies.
Since a firm’s market decisions have an impact on its competitors, all businesses are dependent on one another.The businesses set prices. High barriers prevent companies from entering the market.Oligopolies do not have prices that are higher than their marginal revenues, in contrast to monopolies and monopolistically competitive marketplaces.An oligopoly Is a market structure where there are only a few rival businesses providing a certain segment of the economy with a good or service. Its composition is the result of imperfect competition (between monopoly and perfect competition).In an oligopoly market, the number of companies will determine the price of items, however in a monopoly market, just one company controls the market, and as a result, that corporation determines the price of the good because it is an uncompetitive market.
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which element of a pestel analysis is represented by the use of data mining information from the bureau of labor statistics to gain insight into regional employment figures?
Element of a Pestel analysis is represented by the use of data mining information from the bureau of labor statistics to gain insight into regional employment figures is economic.
A PESTEL evaluation is used to pick out threats and weaknesses which can be utilized in a SWOT evaluation. Political elements include authorities' policies, leadership, and change; overseas change policies; inner political troubles and trends; tax policy; law and de-law trends.
The Bureau of Labor Statistics (BLS) obtains Consumer Expenditure Surveys (CE) Interview Survey and Diary Survey facts through interviewing respondents approximately their expenditures, income, and characteristics. The U.S. Census Bureau selects the samples of family addresses and collects the facts beneath neath agreement with BLS.
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because walmart is such a large organization, its sales volume is enormous. as a result, the company has great bargaining power with its suppliers to lower the price walmart pays for merchandise to be shipped to its stores to be sold. this illustrates multiple choice learning effects. economies of scale. purchasing power parity. subsidiary skills.
The company has great bargaining power with its suppliers to lower the price Walmart pays for merchandise to be shipped to its stores to be sold. This illustrates an economies of scale.
Cost advantages that businesses enjoy when production becomes efficient are known as economies of scale. By increasing production and reducing expenses, businesses can attain economies of scale. Costs are divided among more products, which causes this. Costs come in fixed and variable forms.
When it comes to economies of scale, the size of the business typically matters. Cost savings increase with business size. Both internal and external economies of scale are possible. While external economies of scale are influenced by outside causes, internal ones are based on management choices.
Internal operations such as accounting, IT, and marketing are also seen as operational efficiencies and synergies.
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what is the white-box approach in auditing systems? select all statements that apply. multiple select question. the white-box approach is also called auditing around the computer. auditors need to create test cases to verify specific logic and controls in a system. it requires auditors to understand the internal logic of the system/application being tested.
The white-box approach in auditing systems are :-
It is adequate when automated systems applications are relatively simple.
It is to audit around the computer.
The advantage of this approach is that the systems will not be interrupted for auditing purposes.
Auditing is defined as the on-web page verification interest, which include inspection or exam, of a procedure or nice device, to ensure compliance to requirements. An audit can follow to a whole company or might be precise to a function, system, or production step.
An audit is an "unbiased exam of financial facts of any entity, whether or not earnings oriented or not, no matter its length or legal form while such an exam is carried out on the way to specific an opinion thereon.”
The reason of an audit is to shape a view on whether the records presented within the financial record, taken as a whole, reflects the monetary function of the company at a given date.
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how is the issue of raising capital a natural barrier to entry for new firms seeking to enter a market?
The issue of raising capital is a natural barrier to entry for new firms because banks and venture capital companies are unlikely to lend to firms with little chance of competing against established businesses.
The barrier to entry of new firms in the market could be the high cost of startups, licenses, government regulations, and other barriers. These barriers are beneficial for the existing firms as these barriers target to reduce the competition for the already established firms.
Capital requirement is one of the major barriers to entry for new firms. From the cost of setups to production and marketing, capital is required at each stage of the business. Since there is no definite guarantee of profits in the market, bank and venture capital companies hesitate to lend the new firms.
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an independent auditor must have which of the following? group of answer choices a pre-existing and well-informed point of view with respect to the audit. the ability to exercise sound professional judgment. a background in many different disciplines. experience in taxation that is sufficient to comply with generally accepted auditing standards.
An independent auditor must possess the following qualifications: the ability to use solid professional judgment.
The Independent is a British online newspaper. It began as a nationwide morning printed newspaper in 1986. The Indianapolis Star originated as a broadsheet until switching to tabloid format in 2003. The last printed edition was published on Saturday, March 26, 2016, leaving just the online edition. Tony O'Reilly's Irish Independent News & Media owned the newspaper from 1997 until it was sold to Russian oligarch and former KGB officer Alexander Lebedev in 2010. Sultan Muhammad Abuljadayel purchased a 30% share in the company in 2017.
The daily edition was named National Newspaper of the Year at the 2004 British Press Awards. In 2021, the website and mobile app had a combined monthly reach of 19,826,000 people. The Independent debuted in broadsheet format on October 7, 1986.
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at maturity, using the u.s. rule, the interest calculated from the last partial payment is: multiple choice subtracted from adjusted balance added to beginning balance subtracted from beginning balance added to adjusted balance none of these
At maturity, using the U.S. rule, the interest calculated from the last partial payment is subtracted from beginning balance added to adjusted balance.
What is interest?The payment of money above the principal amount (the amount borrowed) at a predetermined rate to a lender or depositor by a borrower or deposit-taking financial institution is referred to as paying interest in the fields of finance and economics. It is different from a fee that the borrower may pay to the lender or another entity. It also differs from a dividend, which is money given to shareholders (owners) by a company from its profit or reserve, but not at a set rate predetermined beforehand, but rather on a pro rata basis as a portion of the rewards received by risk-taking businesspeople when revenue is earned that exceeds all costs.
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When you consider what product to buy and what price to pay for it, you are
using which of the following processes?
Select one:
O a. the needs versus wants process
O b. the decision-making process
O c. the price versus use process
d. the resource management process
The answer is A
Explanation:
cause u are considering if u need it or not and if u buy it will u regreat it
What is the most likely explanation for Sarah maintaining a log of each time she spends or receives money?
The most likely explanation for Sarah maintaining a log of each time she spends or receives money is: D. preparing a budget to review her expenses.
What is a budget?In Economics, a budget can be defined as a financial plan that is typically used for the estimation of revenue and expenditures (expenses) of an individual, business organization or government in the form of money, especially for a specified period of time, often one year.
In this context, we can reasonably infer and logically deduce that Sarah is keeping a record of the money she either receives or spends in order to enable her prepare a budget with respect to reviewing her daily expenses.
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Complete Question:
What is the most likely explanation for Sarah maintaining a log of each time she spends or receives money?
A. making a note each time she receives money so that she does not forget where it came from
B. making a note of each expense so that she does not repeat purchases
C. preparing a report for her bank on how she spends money
D. preparing a budget to review her expenses
rising interest rates tend to group of answer choices contract the level of economic activity. increase the level of business investment. indicate governmental expansion of the economy. signal the trough of a recessionary market.
Rising interest rates tend to option a, contract the level of economic activity.
Federal reserve increases the interest rate which increases the short-term borrowing cost for financial institutions. It affects the rest of the borrowing costs for financial institutions and consumers.
When financial institutions borrow money at short-term borrowing costs, they charge more interest rates from consumers for borrowing money. High-interest rates on credit card and mortgage loans impact consumers. It reduces the spending capacity of consumers.
Consumers face high household bills and are left with low disposable income. With lower demands for products and services, it decreases the profits and revenue of the business decrease.
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if dell buys a computer from a foreign producer for $500 and sells it to best buy for $800, who then sells it to a consumer for $1,200, what is dell's value added, best buy's value added, and the computer's contribution to gdp?
If Dell buys a computer from a foreign manufacturer for $500 and sells it to Best Buy for $800, sells it to a consumer for $1,200, the value added by Dell, Best Buy, and the computer are $300, $400, and $700, respectively.
Manufacturing is the creation or manufacturing of items using equipment, manpower, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The phrase can relate to a wide range of human activities, from handcraft to high-tech, but it is most usually applied to industrial design, which involves the large-scale transformation of raw materials from the primary sector into completed commodities.
Manufacturing engineering is the branch of engineering that plans and optimizes the manufacturing process, or the procedures by which raw materials are transformed into a finished product. The manufacturing process begins with the product design and material specifications. These components are subsequently processed to create the final output.
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If the annual interest paid on a $500 loan is $25, the nominal interest rate is _____ percent per year. If the nominal interest rate is 5 percent per year and the inflation rate is 2 percent a year, the real interest rate is _____ per year.
If the annual interest paid on a $500 loan is $25, the nominal interest rate is 5 percent per year. If the nominal interest rate is 5 percent per year and the inflation rate is 2 percent a year, the real interest rate is 3% per year.
What is interest rate?
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed (called the principal sum).
How to calculate the first question, the nominal interest rate?
Nominal interest rate = interest paid / face value
= 25 / 500 = 0.05 = 5%
How to calculate the second question, the real interest rate?
Real interest rate = nominal interest rate - inflation
= 5% - 2% = 3%
Therefore, the nominal interest rate is 5% per year and the real interest rate is 3% per year.
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julia purchases a new piece of equipment for her business. the equipment was purchased for $65,000 and is expected to generate the following cash flows at the end of each year for the next seven years: $14,000 (year 1), $19,000 (year 2), $21,000 (year 3), $21,000 (year 4), $16,000 (year 5), $11,000 (year 6), and $9,000 (year 7). assume the equipment can be sold for $10,000 at the end of seven years and julia's required rate of return is 9%. what is the net present value of this investment? select one. question 4 options: a. $20,635.27 b. $21,828.55 c. $22,280.23 d. $23,957.29
When Julia invests in a new piece of equipment for her company, the net present value of this investment is $22,280.23.
What are supplies and machinery?Equipment and Materials refers to all supplies, tools, spare parts, construction utilities, instruments, appliances, machinery, equipment, parts, tools, special tools, components, and appurtenances needed for the design, construction, or operation of the complete Project in line with
What are resources for equipment?They are tools that support an organization's daily operations, facility maintenance, and revenue generation. Water heaters, air conditioners, refrigerators, tractors, automobiles, and many more goods fall under the category of equipment.
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