In the long run, the most important factor shifting the SRAS curve is productivity growth.
What do you mean by productivity growth?
Productivity—in economic terms—is how much output can be produced with a given quantity of labor. One measure of this is output per worker, or GDP per capita.
Since 1947, the U.S. corporate sector has been able to create nine times more goods and services with only a little increase in labor hours thanks to productivity gains. An economy may create and consume more goods and services for the same amount of effort when productivity is growing.
Productivity is a way of thinking and a condition of being. Being effective entails acting in every situation as we actively choose to and not as we feel pressured to by external factors. Being productive requires adopting a mindset of constant development.
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The Securities and Exchange Commission is the federal agency that has responsibility for regulating ______.
The Securities and Exchange Commission is the federal agency that has responsibility for regulating "The federal agency that responsibility for regulating the various stock exchanges." This is further explained below.
What is Securities and Exchange Commission (SEC) ?Generally, The Securities and Exchange Commission (SEC) is an independent federal agency that is led by a five-member commission that is comprised of a Chairman and four Commissioners who are appointed by the President and confirmed by the U.S. Senate. The Chairman of the Commission serves as the agency's chief executive officer.
In conclusion, The Securities and Exchange Commission is the federal agency that is in charge of regulating the different stock exchanges. This duty falls within the agency's jurisdiction because of its constitutional mandate.
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A change in depreciation method is treated as a change in estimate that is achieved by a change in accounting principle, and is accounted for:______.
A change in depreciation method is treated as a change in estimate that is achieved by a change in accounting principle, and is accounted for prospectively in the current and future periods.
The rules and regulations that businesses and other organizations must abide by when reporting financial data are known as accounting principles. These regulations standardize the terminology and procedures that accountants must employ, making it simpler to analyze financial data.
A unified set of accounting guidelines, methods, and standards known as generally accepted accounting principles (GAAP) were released by the Financial Accounting Standards Board (FASB).
The consistency that accounting principles establish enables more accurate and effective viewing of financial statements and reporting for businesses.
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It can be expensive or impossible to measure everything in a population so businesses often take a?
Estimates is the correct answer A business estimate is a document that details how much you intend to charge a customer for a product or service. It breaks down costs line by line ( example, each cost for drywall installation) so customers understand where total comes from.
Design, bid, and control cost estimates are the three types of cost estimates. Design estimates are prepared as part of the project preliminaries and provide an estimate of the project cost. Bid are used during the project's tendering phase to detail project overheads and other indirect costs. (example, each cost for drywall installation).
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Suppose Stuart Company has the following results related to cash flows for 2021: Net Income of $5,600,000 Increase in Accounts Payable of $600,000 Decrease in Accounts Receivable of $900,000 Depreciation of $1,900,000 Increase in Inventory of $200,000 Other Adjustments from Operating Activities of -$800,000 Assuming no other cash flow adjustments than those listed above, create a statement of cash flows with amounts in thousands. What is the Net Cash Flow from Operating Activities
1. The statement of cash flows of Stuart Company for the year ended December 31, 2021, is as follows:
Stuart Company
Statement of Cash FlowsFor the year ended December 31, 2021, $'000
Net Income $5,600
Depreciation 1,900
Other Adjustments (800)
Increase in Accounts Payable 600
Decrease in Accounts Receivable 900
Increase in Inventory (200)
Net Cash Flow from Operating Activities $8,000
2. The Net Cash Flow from Operating Activities for Stuart Company for 2021 is $8 million.
What are operating activities' cash flows?The cash flows from the operating activities section affect revenues and expenses.
They indicate the cash flows that originate from the regular business activities of the entity.
To prepare the statement of cash flows, the first items to adjust the net income are the non-cash expenses and losses and revenues and gains.
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When a tax is placed on the buyers of lemonade, the a. buyers bear the entire burden of the tax. b. sellers bear the entire burden of the tax. c. burden of the tax will be shared by the buyers and the sellers, but the division of the burden is not always equal. d. burden of the tax will always be equally divided between the buyers and the sellers.
When a tax is imposed on lemonade buyers, the burden of the tax will be shared by the buyers and the sellers, however the distribution of the burden is not always equal.
when a tax is imposed on product purchasers?The supply curve is shifted by a tax paid by sellers, whereas the demand curve is shifted by a tax paid by buyers. Regardless of who pays the tax, the result is the same. With a tax on a good, consumers pay more, sellers are paid less, and there are fewer sales overall.
What is the tax split between buyers and sellers?The cost of a sales tax is split between buyers and sellers under the scenario of demand and supply curves with normal shapes. The ratio of supply and demand elasticity determines how much of a tax will fall on either the buyers or the sellers, or both.
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The practice of buying goods and services now and paying for them later is termed:______
The practice of buying goods and services now and paying for them later is termed is Bartering.
A barter is a transaction in which two or more parties exchange products or services without exchanging cash or other forms of payment like credit cards.
In its simplest form, bartering entails the exchange of one party's good or service for another party's good or service.
A carpenter who constructs a fence for a farmer is a straightforward illustration of a barter transaction.
The farmer might compensate the carpenter with $1,000 worth of crops or groceries rather than paying the builder $1,000 in cash for labor and supplies.
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Employer-sponsored retirement plans requiring a minimum length of time of service to participate are.
Employer-sponsored retirement plans requiring a minimum length of 59.5 years of serving to participate
What is Employer-sponsored retirement?At the time of retirement, a defined benefit plan offers a fixed monthly benefit amount. Defined benefit plans, also referred to as pension plans, are sponsored by businesses that typically employ investment managers to manage accounts. In this form of arrangement, the employer assumes the risk.The guaranteed payment at retirement is not the same in a defined contribution plan. An illustration of a defined contribution plan is a 401(k).Both the employer and the employee contribute to these kinds of plans, frequently at a specified percentage of the employee's yearly pay. In this form of arrangement, the employee assumes the risk.Based on the value of investments, the account's overall worth will fluctuate. Employees get the account balance based on their contributions, plus or minus gains and losses from investments, after retirement.To learn more about Employer-sponsored retirement with the given link
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An example of a financing activity is:
Sophie Bennett has personally paid a total of $6,000 in medical costs this year, which is the out-of-pocket limit listed in her insurance plan. At this point, there is a provision in her insurance contract that requires her insurance company to pay 100% of her medical costs for the remainder of the year. What provision is this likely to be
A clause is this likely to be (D) Stop-loss provision.
What is the stop-loss provision?A limitation on the amount of loss experienced by the insured in a certain period without recompense.Stop-loss insurance (sometimes known as excess insurance) is a type of insurance that protects against catastrophic or unforeseeable losses. It is purchased by employers who have elected to self-fund their employee benefit plans but do not want to bear full risk for plan losses.First, based on the employer's history, the stop-loss carrier calculates the average expected monthly claims PEPM. This amount is then multiplied by a percentage ranging from 110 to 150 percent. The computed amount is then multiplied by the monthly enrolment to determine the aggregate deductible.Therefore, according to the above-given situation of Sophie Bennett, a clause is this likely to be a (D) Stop-loss provision.
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Complete question:
Sophie Bennett has personally paid a total of $5,000 in medical costs this year. At this point, there is a clause in her insurance contract that requires her insurance company to pay 100% of her medical costs for the remainder of the year. What clause is this likely to be?
A) Coordination of benefits
B) Hospital indemnity clause
C) Coinsurance
D) Stop-loss provision
E) Major medical expense provision
To evaluate _____, a systems analyst needs information about projected future volume for all outputs, inputs, and processes.
To evaluate Scalability, a systems analyst needs information about projected future volume for all outputs, inputs, and processes.
Systems analyst uses analysis and design techniques in order to solve business problems using information technology. Apart from that they identify what improvements the organization they work for needs, and so they design systems to implement those changes.
System analysts also evaluate Scalability. Scalability is referred to as the measure of a system's ability to increase or decrease in performance and cost in response to changes in application and system processing demands.
Hence, in order to evaluate scalability, a systems analyst requires information about projected future volume for all outputs, inputs, and processes.
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Successful change requires that organizations be capable of both creating and implementing ideas, which means the organization must learn to be:
Ambidextrous
It means utilizing both hands equally fluidly or deftly
Ambidextrous organizations - Exploratory units are separated from their traditional units in ambidextrous organizations, which encourages them to create their own systems, organizations, and cultures. But at the senior management level, they also closely coordinate these new divisions with the already-existing organizations.
Organizations can benefit from ambidexterity in various ways. The most important result of ambidexterity is creativity since innovation requires both exploratory and exploitative characteristics. Ambidexterity is the capacity to maintain a balance between exploratory and exploitative processes.
understandings of the four behaviors at the core of an ambidextrous organisation
a tactical approach to exploring
senior management commitment
separation from the unethical companies
a shared culture across all teams
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Prepare journal entries to record the following production activities. Purchased $80,000 of raw materials on credit. Used $42,000 of direct materials in the Roasting department. Used $22,500 of indirect materials in production.
Purchases Debit $80,000
Accounts Payable Credit $80,000
Work in process Roasting Department Debit $42,000
Purchases Credit $42,000
Production Debit $22,500
Purchases Credit $22,500
What is Inventory?Inventory is the current asset of a company which it sells to customers and gain profits, the inventory is also known as Stock. The raw material is converted into finished goods by manufacturing companies.
The purchases are debited with payable's account being credited and then the purchases/ inventory is issued for the production of goods, and is therefore charged as the work in process.
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Urst Ammunition Inc., a firm controlled and managed by the government of Urst, is the only company that has the license to produce defense arms in the country. Which of the following industry competitive structures does this best illustrate
The fact that Urst Ammunition Inc is the only company in Urst that is allowed to produce defense arms means that the industry competitive structure it uses is a Monopoly.
What is a monopoly?This refers to a company that either has the overwhelming majority market share in an industry, or is the only company that is allowed to operate in that industry.
There are several ways that this can happen and one way is by government regulations. Urst Ammunition Inc. is the only company that is allowed to make weapons and arms so this is a monopoly.
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Where would you go to review your client’s expense account to see if any transactions have been miscategorized?
If I had to review your client’s expense account to see if any transactions have been miscategorized, I would go to reclassify transactions in accountant tools.
By avoiding opening each transaction and reclassifying each one separately, this tool saves a ton of time.
You can choose a group of transactions and reclassify them into another account using the Reclassify Transactions feature in QuickBooks Online Accountant (QBOA).
The Reclassify Transactions tool searches a set of transactions based on a sort from either the Profit and Loss view or the Balance Sheet view.
This feature only filters to one of the two, not both at once.
Remember that you can change the classification from Profit and Loss to Balance Sheet or vice versa.
Hence, to review your client’s expense account to see if any transactions have been miscategorized we go to reclassify transactions in accountant tools.
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An investment banker who earns more than $1 million a year, a food service worker who makes minimum wage, and a teacher with a salary of $50,000 per year represent the presence of social ______ within society.
An investment banker who earns more than $1 million a year, a food service worker who makes minimum wage, and a teacher with a salary of $50,000 per year represent the presence of social inequality within society.
What is inequality?Inequality can be defined as the way in which income or wealth are not distributed equally in a society as some people earn more than others.
Hence, their is the presence of social inequality within a society if a investment banker earn $1 million a year, a food service worker makes minimum wage, and a teacher earn $50,000 per year.
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At present, discretionary fiscal spending accounts for approximately _____ percent of the federal budget.
Answer: 20%
Explanation:
Which type of misrepresentation persuades an insured?
Twisting is a misrepresentation that persuades an insured or a policy owner, to his or her detriment, to cancel, lapse, or switch policies.
Expressly making a misleading announcement that a party knows is untruthful is a misrepresentation if it leads the opposite birthday party to conform to a settlement. Assume, as an example, that an automobile shop clerk in a private transaction misrepresents the automobile's number of miles.
A misrepresentation is a false or deceptive assertion or a fabric omission that renders other statements deceptive, with reason to misinform. Misrepresentation is one of the factors of common law fraud, and different causes of action for fraud, which include securities fraud.
Fraudulent misrepresentation became defined through Lord Herschell in Derry v Peek (1889) as a false statement that is “made (i) knowingly, or (ii) without belief in its reality, or (iii) recklessly, careless as to whether or not it's actual or false.
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When shares of stock that were issued to the public are later bought and sold among investors on the stock exchange, the issuing corporation ______. Multiple choice question. debits Cash and credits Common Stock records a gain if the stock price is sold at a higher price than when the corporation originally issued the stock debits Treasury Stock and credits Common Stock does not record any entry because it does not receive or give anything of value
Last option is correct. The issuing corporation does not record any entry because it doesn't receive or give anything of value.
What are shares of stock?The shares are regarded as the smallest unit of the stock that is owned by a company. There company sometimes sells its shares.
The company may have up to 10 million stock which it can sell to the intended buyers.
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Brenden Corp. manufactures products at the lowest cost possible. It strives to keep its manufacturing costs low and its product prices competitive. It does not provide technical support for its products as providing such support would add to its cost without earning any profit. Given this information, which of the following statements is most likely true of Brenden Corp.
Given the above information, the statement that is true is that Brenden Corp focuses on efficiency at the expense of effectiveness.
What is manufacturing cost?Manufacturing cost comprises totality of all cost that is used in production. It includes all costs necessary to get a finished product from raw materials.
Manufacturing costs consist of the following:
Cost of the raw materialsThe workers' wagesConsumables like water and lubricants, machine depreciation, factory expensesWith regards to the above, the company tends to focus more on efficiency at the expense of effectiveness by keeping manufacturing costs low which make its product prices competitive.
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Help ASAP please
Which of the following is NOT a financial intermediary?
A.
a savings and loan association
B.
commercial banks
C.
the Federal Reserve Bank of New York
D.
the Internal Revenue Service
An option listed that is not considered to be a financial intermediary is D. the Internal Revenue Service.
What are financial intermediaries?These are companies that transfer money from the savings of people and companies, to those who need them as loans and investments.
These include commercial banks and savings associations. The Fed is also an intermediary as they regulate banks. The IRS is not a financial intermediary.
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After an investigation by the DBPR, if the complaint is not dismissed and no ESO is issued, what happens next
After an investigation by the DBPR, if the complaint is not dismissed and no ESO is issued, a hearing is held. This is further explained below.
What is the investigation?Generally, investigate formally or systematically examine or study something or someone.
In conclusion, An ESO hearing is conducted after an inquiry by the DBPR if no ESO is granted.
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Developing cost estimates and sales forecasts to learn whether a new product idea meets financial objectives is called product
Developing cost estimates and sales forecasts to learn whether a new product idea meets financial objectives is called Business Analysis.
Financial objectives typically focus on increasing a business's profits or sales, however, they'll additionally focus on investments and economic stability. Financial objectives are often measurable goals that businesses can track and reach. These objectives are typically focused on long-term success.
There are six types of Financial objectives: revenue objectives, cost objectives, Profit objectives, cash flow objectives, investment objectives, and capital structure objectives.
Growth in revenues.Growth in earnings.Wider profit margins.Bigger cash flows.Higher returns on invested capital.Attractive economic value added (EVA) performance.Attractive and sustainable increases in market value added(MVA)A more diversified revenue base.Learn more about Financial objectives here https://brainly.com/question/23916424
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Answer:
analysis
Explanation:
The difference between reported net income on variable costing and absorption costing income statements is based on how Blank______. Multiple choice question. fixed overhead is accounted for expenses are organized cost classifications are defined the statements are formated
When there is a difference between income on variable costing and absorption costing, this is as a result of fixed overhead is accounted.
What is variable costing?This is a method of designing the income statement such that variable costs are separate from fixed cost.
As a result, the net income might be different from absorption costing which lists all expenses regardless of what kind they are.
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When flow rate goes up but wages per unit of time stay the same, how are costs of direct labor affected?
When flow rate goes up but wages per unit of time stay the same, the costs of direct labor affected by decreasing.
What is Direct labor costs ?Direct labor costs can be regarded as the wages or salaries that is been paid to employees who physically produce products.
It should be noted that these expenses are the costs paid to workers that are responsible for the products that manufactured and sold.
In this case, When flow rate goes up but wages per unit of time stay the same, the costs of direct labor affected by decreasing.
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On a timeline, a goal that will be achieved in
of one that will be achieved in
years.
OA. 6; 9
OB. 6; 3
O C. 9;3
O D. 9; 6
years will be to the left
A company that has been subject to Securities Exchange Act of 1934 reporting requirements for five years and has an aggregate worldwide market cap of $300 million is considered a(n)
accelerated filer, A company reporting requirements for five years and has an aggregate worldwide market cap of $300 million is an accelerated filer.
More about accelerated filer?
A publicly traded company that, as of the end of its fiscal year, satisfies each of the following requirements:
As of the final business day of the company's most recent completed second fiscal quarter, the total worldwide market value of the voting and non-voting common equity held by its non-affiliates (or public float) was $75 million or more but less than $700 million.For at least 12 months, the company has been required to report in accordance with Sections 13(a) or 15(d) of the Exchange Act.The business has previously submitted at least one annual report in accordance with Exchange Act Sections 13(a) or 15(d).The company does not meet the revenue requirements (which include those listed below), so it is not eligible for smaller reporting company status.Learn more about accelerated filer here: https://brainly.com/question/14855960
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If net income is $115,000 and interest expense is $30,000 for 2010, and the market price is $30, what is the price-earnings ratio on common stock for 2010. (round to one decimal point)?
The price-earnings ratio on common stock for 2010 is 10.1%.
The price-earnings ratio, sometimes referred to as the P/E ratio, P/E, or PER, measures how much a company charges for its shares to how much it earns per share. The ratio is employed to evaluate businesses and determine if they are over or undervalued.
The price/earnings ratio, often known as the P/E ratio, informs investors of the value of a company. The P/E ratio is simply the stock price divided by the company's EPS for a given time period, such as the previous 12 months. How much investors are willing to pay per share for $1 of earnings is expressed by the price/earnings ratio.
Price earnings ratio
=(net income +interest expense / avg. total assets
=(115,000+30,000)/(((600,000+60,000+900,000)+(560,000+40,000+700,000)/2)))
=10.1%
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How much would you need to deposit in an account now, such that in 5 years your account will have increased to $8,000, assuming you can earn 5% on the deposit as it grows?
Answer:
$6268.21
Explanation:
Future value = $8000
Interest(r) = 5%
Period (n)= 5 years
How much need to deposit?
Find the Present value:
PV = FV / (1+r)n
= 8000 / (1.05)5
= 8000 / 1.27628156
Present Value / Amount need to deposi today = $6268.21 approx
Assume that marginal propensity to consume is 0.8 and potential output is $800 billion. if the actual real gdp is $700 billion, which policy would bring the economy to potential output?
By assuming that marginal propensity to consume is 0.8 and potential output is $800 billion. if the actual real GDP is $700 billion, Increase government spending by $20 billion policy would bring the economy to potential output.
Marginal Propensity to Consume (MPC) is calculated using the formula MPC = C/Y, which divides consumption change by income change.
You must first determine the change in income and the ensuing change in spending in order to perform this calculation (consumption).
The computation would go as follows if a person's income rose by $5,000 and their expenses rose by $4,500:
MPC = 4,500/5,000. MPC equals.9, or 90%
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Mr. edwards, a marketing representative of the acme insurance company, scheduled a marketing event and expects about 40 people to attend:___.
Edwards, a marketing specialist at ACME Insurance Company, is planning a marketing event and expects about 40 attendees. He hired a magician for $200 to entertain the attendees.
His five largest homeowners insurance companies in the United States are State Farm, Allstate, USAA, Liberty Mutual, and Farmers. He can do this because the estimated number of attendees is based on the size of the venue and the response rate, and the value of the gift does not exceed $15.
You can request your name and mailing address. You can give multiple gifts during a single event, but the total sales cannot exceed $15 at a time.
Insurance companies are financial intermediaries that provide primary insurance or reinsurance services and provide financial protection against potential future risks.
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