Answer:
Redlining
Explanation:
Redlining stems from discrimination that consists denial of services, maybe financial based on the group one may fall under such as race, ethnicity or location. The Holden act(1977) is a real estate act of California meant to protect individuals from discriminations such as ones that involve denial of mortgage loan on the basis of something other than the credit worthiness of the individual . These discriminations could take the form of mortgage loan and, insurance loan denials or other financial services based on creditworthiness history of the group the person may fall under and not necessarily the individual's qualifications on his own
As an economy grows, A. the opportunity cost of production will approach 0. B. its PPF does not shift; instead, the production point moves from inside the PPF to be closer to the PPF. C. its PPF shifts outward. D. it can eliminate scarcity. E. the opportunity cost of production will increase.
Answer:
Option C, its PPF shifts outward, is the right answer.
Explanation:
Option “c” is correct because the growth in the economy shows two things. First, the output of the economy has increased during a particular period of time. Secondly, it shows that the potential of the economy has increased. This means its productivity to produce has increased. Therefore, in such cases, the PPF curve shifts rightwards and this rightwards shift in PPF shows the economic growth
Rio Tinto's incentive to adopt new robotic technology was increased by the high wages it was having to pay to attract miners and truck drivers. In this instance, Rio Tinto began using new robotic technology to
Answer:
Rio Tinto's incentive to adopt new robotic technology was increased by the high wages it was having to pay to attract miners and truck drivers.
In this instance, Rio Tinto began using new robotic technology to substitute capital for labor in production.
Explanation:
An auditor's report includes the following statement: "The financial statements referred to above do not present fairly the financial position, results of operations, or cash flows in conformity with U.S. generally accepted accounting principles." This auditor's report was most likely issued in connection with financial statements that are
Answer:
The answer is misleading or not free from material misstatement
Explanation:
When a financial statement is misleading or not free from material misstatement, an auditor issued a qualified report. This qualified report tells the users of the financial statement that something is wrong.
Material misstatement refers to an error in the financial statement that if omitted, it will affect the decision of the users.
If a financial statement is free from error or material misstatement, an auditor will issue unqualified report.
Vaughn Manufacturing's allowance for uncollectible accounts was $190000 at the end of 2020 and $178000 at the end of 2019. For the year ended December 31, 2020, Vaughn reported bad debt expense of $31000 in its income statement. What amount did Vaughn debit to the appropriate account in 2020 to write off actual bad debts?
Answer: $19000
Explanation:
From the question, we are informed that Vaughn Manufacturing's allowance for uncollectible accounts was $190000 at the end of 2020 and $178000 at the end of 2019 and that for the year ended December 31, 2020, Vaughn reported bad debt expense of $31000 in its income statement.
The amount that Vaughn debited to the appropriate account in 2020 to write off actual bad debts will be:
= $31000 - ($190000 - $178000)
= $31000 - $12000
= $19000
InSeason Inc. started a chain of organic supermarkets that had initial success. The managers achieved a mastery of the firm's current environment, thereby filling a need in the market. However, InSeason defined and measured it success by financial metrics, with a focus on short-term performance. As a result, the firm put in place metrics and systems to accommodate and manage increasing firm size due to continued success. As a result of this tightly coupled system, InSeason developed a
Answer: resistance to change
Explanation:
From the question, we are informed that InSeason Inc. started a chain of organic supermarkets that had initial success and that the managers achieved a mastery of the firm's current environment, thereby filling a need in the market.
We are further told that InSeason defined and measured it success by financial metrics, with a focus on short-term performance and that as a result, the firm put in place metrics and systems to accommodate and manage increasing firm size due to continued success.
As a result of this tightly coupled system, InSeason developed a resistance to change. Resistance to change could be as a result of fear of failure by the company.
John has an escalator clause in his labor contract by which his salary increases automatically by the amount of the previous year's inflation rate. If John's salary is $100,000, this year's consumer price index is 105, and the previous year's CPI was 100, by what percent will John's salary be increased?
Answer: 5%
Explanation:
From the question, we are informed that John has an escalator clause in his labor contract by which his salary has to be increased automatically by the amount of the previous year's inflation rate.
If John's salary is $100,000, this year's consumer price index is 105, and the previous year's CPI was 100, the percent by which John's salary be increased will be (105 - 100) = 5%.
Those who make dispositional attributions regarding poverty and unemployment tend to adopt political positions that:________
a. offer more direct support to the poor.
b. are unsympathetic to the poor.
c. tend to blame the poor for their problems.
d. are more neutral regarding poverty and unemployment.
Answer:
a. offer more direct support to the poor.
Explanation:
what are the benefits of traditional Technology
Answer:
They dont cost like a thousand dollars.
Explanation:
Explanation:
They don't cost of thousand dollars.
The characteristics of a world market where global competition prevails include A. a market situation where competitive conditions across national markets are linked strongly enough to form a true world market and where leading competitors typically compete head to head in many different countries. B. minor cost variations from country-to-country (as concerns production, distribution, sales and marketing, and other primary components of the industry value chain) and minimal cross- country trade restrictions. C. a competitive environment comprised of so many competitors that no company has a sizable worldwide market share. D. many companies racing for global market leadership, with most contenders using the same basic type of competitive strategy and positioned in the same strategic group. E. low barriers to entry, such as large number of rivals that the actions of any one rival have little impact on the sales and market shares of other rivals, and key success factors that vary from country to country.
Answer:
A. a market situation where competitive conditions across national markets are linked strongly enough to form a true world market and where leading competitors typically compete head to head in many different countries.
Explanation:
The characteristics of a world market where global competition prevails include a market situation where competitive conditions across national markets are linked strongly enough to form a true world market and where leading competitors typically compete head to head in many different countries.
For instance, the fierce competition between the manufacturers of mobile phones such as Android devices and iOS devices. Also, manufacturers of vehicles are into head to head competition in different countries.
You need to have $30,250 in 17 in years. You can earn an annual interest rate of 4 percent for the first 5 years, 4.6 percent for the next 4 years, and 5.3 percent for the final 8 years. how much do you have to deposit today?
Answer:
The amount that has to be deposited today is $6205.63
Explanation:
The given parameters are;
The annual interest rate for the first 5 years = 4 percent
The annual interest rate for the next 4 years = 4.6 percent
The annual interest rate for the final 8 years = 5.3 percent
Let the amount deposited be X, we have;
X × (1 + 0.04)⁵ + X × (1 + 0.04)⁵×(1.046)⁴ + X × (1 + 0.04)⁵×(1.046)⁴ ×(1.053)⁸ = $30,250
X ((1.04)^5 + (1 + 0.04)^5×(1.046)^4 + (1 + 0.04)^5×(1.046)^4 ×(1.053)^8) = $30,250
X × 4.875 = $30,250
X = $30,250/$4.875 = $6205.63
The amount that has to be deposited today = $6205.63.
"A customer in the 28% tax bracket has $4,000 of capital gains and $12,000 of capital losses. How much unused loss is carried forward to the next tax year?"
Answer:
$5,000
Explanation:
Given that:
A customer in the 28% tax bracket has $4,000 of capital gains and $12,000 of capital losses. How much unused loss is carried forward to the next tax year?
Capital gain = $4000
Capital loss = $12,000
Net loss = ( capital loss - capital gain)
Net loss = ($12,000 - $4,000)
Net loss = $8,000
Maximum net loss deductible from taxes In a year is $3000
Net loss - deductible
$8,000 - $3,000 = $5,000
Unused loss carried into the next year = $5,000
The HR department at Trevor Communications oversees the recruitment and training of employees at the firm.As the firm grows and recruits more employees,overseeing individual training programs has been come too much for HR staff to handle.Which of the following applications should the HR department use to help with employee training?A) A customer relationship management systemB) A management information systemC) A learning management systemD) A decision support systemE) An executive decision-making system
Answer:
C) A learning management system
Explanation:
Analyzing the above scenario, it is clear that the learning management system would be very useful to the HR department at Trevor Communications.
This system can be defined as a learning process that takes place in a virtual way, in an environment where each individual can access learning content in an interactive and dynamic way, by accessing a tool that contains the content and information necessary for specific learning.
This system confers several advantages to the organization, such as the elimination of personnel costs, greater ease of monitoring and follow-up, greater availability, ease of implementation and evaluation.
A disadvantage of couponing is…? radio_button_unchecked Low redemption rates. radio_button_unchecked Reduces consumer’s perceived risk associated with trial of a new brand. radio_button_unchecked Encourages repeat purchase. radio_button_unchecked Helps coax users to trade up to more expensive brands. SUBMIT
Answer:
Correct Answer:
1. Low redemption rates.
Explanation:
Couponing is the situation whereby discount in form of Coupons are offered to customers over a specific product that is on sale. It is similar to product discount other than the fact that, the discount is based on the coupon card.
The disadvantage of offering coupons is that you would be giving a discount to people who would buy your products even without them anyway thereby leading to low redemption rate. This can be costly and also increases the risk of incurring losses.
Answer:
Low redemption rates.
Explanation:
Couponing is a kind of promotion used by businesses in giving discounts to their customers for products purchased. it is done using coupon cards.
Low redemption rate simply means the number of people that make use of the coupon card in purchases as a percentage of number of coupon cards distributed. The implications of low redemption rates as a disadvantage of couponing means lower sales for the business and this could consequently cause losses as this indicates that promotion was not effective. In other words, low sales using coupons increases cost to company lowering profit and maybe causing losses
importance of general vocational skill in successful business or institution
Explanation:
Vocational Skills education is important because its equips people with the practical skills necessary to begin or enhance a career.
For careers like Medical Assistant, Cosmetologist, and Auto Mechanic, vocational training is a way to get started down the pathway to a career. It takes less time than a traditional college, therefore it is a good choice for people who need to begin using these skills sooner.
In some other careers, like engineering and IT, high level technicians need specialized training. This is often done in addition to traditional education. This is where vocational training plays a role in the lives of those who may have already gone to a four year college.
Vocational training is a great way to change your career as well, as you do not have to commit to spending as much time as required by a traditional college to gain new skills.
TrainUp. com is a great resource to find career training classes for those looking to expand on their skills in the Human Resources, Information Technology, Business Management, Industrial, Finance, and Legal fields. Their training network includes more than 300,000 instructor-led training events and 7,000+ online courses!
Medical science is an important sector all over the globe
Answer:
Medical scientists also conduct research to find treatments to un-treatable conditions. Medical science matters because it is the foundation of a strong healthcare system. When medical science is well resourced, patients conditions are diagnosed quickly and correctly, leading to correct and efficient treatment.
Answer:
medical science is an important sector all over the globe . It is related to human life .it has various field with many profession ranging from basic level to a higher level various work like preparing and dispensing drugs taking of diagnosing and treating peoples body elements suggesting for preventive measures are related to taking care of human life . India for medical science and various professional professionals related to it are important for human lifeWhich of the following is NOT a factor to consider when examining extrinsic job satisfaction?
a. pay
b. coworkers
c. job tasks
d. supervisors
Answer:
The answer is C) Job tasks
Answer:
c
Explanation:
Thomas Company has a sales budget for next month of $1,000,000. Cost of goods sold is expected to be 25 percent of sales. All goods are paid for in the month following purchase. The beginning inventory of merchandise is $50,000, and an ending inventory of $64,000 is desired. Beginning accounts payable is $160,000.
For Thomas Company, the ending accounts payable should be:
A. $341,000
B. $356,000
C. $314,000
D. $414,000
Answer:
$264,000
Explanation:
Calculation for the ending accounts payable
First step is to find the cost of goods sold
Using this formula
Cost of goods sold=Sales budget * Sales percentage
Let plug in the formula
Cost of goods sold=$1,000,000*25%
Cost of goods sold=250,000
Second step is to calculate for the ending accounts payable
Using this formula
Ending accounts payable=Ending inventory + Cost of goods sold - Beginning inventory
Let plug in the formula
Ending accounts payable= $64,000 + $250,000 - $50,000
Ending accounts payable= $264,000
Therefore the Ending accounts payable will be $264,000
__________ is associated with a person who is crafty or understands right/wrong behavior but uses tricks to obtain an unfair advantage.
Answer:
Guile
Explanation:
Guile is associated with a person who is crafty or understands right/wrong behavior but uses tricks to obtain an unfair advantage.
For instance, you have an urgent appointment such as a meeting with a business partner but you chose to deceitfully distract him from the fact that you are already lagging behind schedule (time) by telling a joke or mind blowing story. This is typically an example of Guile.
A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads, at a pay rate of $13 per hour per employee. Each employee identifies an average of 3,500 potential leads a week from a list of 4,900. An average of 8 percent of potential leads actually sign up for the service, paying a one-time fee of $90. Material costs are $1,500 per week, and overhead costs are $9,000 per week.Calculate the multifactor productivity for this operation in fees generated per dollar of input. (Round your answer to 2 decimal places.)
Multifactor productivity
Answer:
6.27
Explanation:
The computation of Multifactor productivity is shown below:-
Multifactor productivity = (Potential leads × Number of workers × Fees × Conversion percentage) ÷ (Labor cost + Material cost + Overhead cost)
= (3,500 × 3 × $90 × 0.08) ÷ ((3 × 40 × $13) + $1,500 + $9,000)
= $75,600 ÷ $12,060
= 6.27
Therefore for computing the multifactor productivity we simply applied the above formula.
The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. Accounts Payable $507 Fees Earned $3,138 Accounts Receivable 720 Insurance Expense 675 Prepaid Insurance 1,506 Land 2,220 Cash 1,948 Wages Expense 570 Dividends 508 Common Stock 4,502 Prepare a trial balance. The total of the debits is
Answer:
The debit balance of the trial balance is $8,147
Explanation:
Monroe Entertainment Co
DEBIT CREDIT
Particulars Amount$ Particulars Amount$
Account Receivables 720 Accounts Payable 507
Prepaid Insurance 1,506 Fee earned 3,138
Cash 1,948 Common stock 4,502
Dividends 508
Insurance Expenses 675
Land 2,220
Wage Expenses 570
Total $8,147 Total $8,147
The following information pertains to Cullumber Company.
1. Cash balance per books, August 31, $7,374.
2. Cash balance per bank, August 31, $7,338.
3. Outstanding checks, August 31, $690.
4. August bank service charge not recorded by the depositor $42.
5. Deposits in transit, August 31, $2,810.
In addition, $2,126 collected for Cullumber Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Cullumber Company
Prepare a bank reconciliation at August 31, 2022. (List items that increase balance as per bank & books first.)
Answer:
Cullumber Company
Bank Reconciliation
August 31, 2022
Cash balance as per bank $7,338
Add: Deposit in transit $2,810
$10,148
Less: Outstanding checks $690
Adjusted Cash Balance $9,458
Cash balance per books $7,374
Add: Electronic fund transfer received $2,126
by bank
$9,500
Less: Bank service charges $42
Adjusted Cash balance $9,458
Antiperspirant deodorants were introduced to the market in 1941. The market for antiperspirant deodorants is currently characterized by slowing product class revenue, fierce price competition, and repeat purchase behavior. Antiperspirant deodorants are currently at the ________ stage of the product life cycle.
Answer:
Maturity
Explanation:
In this scenario, Antiperspirant deodorants were introduced to the market in 1941. The market for antiperspirant deodorants is currently characterized by slowing product class revenue, fierce price competition, and repeat purchase behavior. Antiperspirant deodorants are currently at the maturity stage of the product life cycle.
A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
Generally, there are four (4) stages in the product-life cycle;
1. Introduction.
2. Growth.
3. Maturity.
4. Decline.
Hence, maturity is the stage in which product experiences a peak in sales growth and then eventually slows as the product reaches more customers, and lastly price competition is fierce.
According to an old myth, Native Americans sold the island of Manhattan about 400 years ago for $24. If they had invested this amount at an interest rate of 7 percent per year, how much, approximately, would they have today
Answer:
FV= $13,605,744,645,293.70
Explanation:
Giving the following information:
Initial investment= $24
Number of years= 400
Interest rate= 7 percent compounded annually
To calculate the value of the investment today, we need to use the following formula:
FV= PV*(1+i)^n
FV= 24*(1.07^400)
FV= $13,605,744,645,293.70
Answer:
They would have approximately $14 000 000 000 000.
Explanation:
From the compound interest formula,
Amount = P[tex](1 + \frac{r}{n}) ^{t}[/tex]
Given that: P = $24, R = 7%, t = 400 years,
Amount = 24[tex](1 + \frac{7}{100}) ^{400}[/tex]
= 24[tex](\frac{107}{100}) ^{400}[/tex]
= 1.360574465 × [tex]10^{13}[/tex]
The amount they would have is approximately $1.4 × [tex]10^{13}[/tex]
Attestation standards apply when a CPA is engaged to issue a practitioner’s report on A preparation service. The subject matter of a compilation. An examination after performing agreed-upon procedures. A review of an assertion about subject matter that is the responsibility of another party.
Answer:
A review of an assertion about the subject matter that is the responsibility of another party
Explanation:
An attest engagement is defined as the independent review of a subject matter by a professional other than the auditor by conducting a specific procedure and he is expected to issue a report of his findings on the reliability of the subject matter.
The three stages of attestation services are compilation ,review and audit.
Attestation engagement is governed by the Statements on standard for attestation engagement (SSAE)
Chenrezic Music Stores, a chain of stores selling musical instruments, is trying to improve its customer service. While examining its checkout data, it learned that people who buy guitar covers also buy guitar straps and vice versa. In this scenario, the use of data mining to find better ways to improve customer service has also led to the discovery of a(n) .
Answer: Affinity pattern
Explanation:
Data mining is when patterns are being discovered in large data. From the question, we are informed that Chenrezic Music Stores, a chain of stores selling musical instruments, is trying to improve its customer service.
We are further told that while examining its checkout data, it learned that people who buy guitar covers also buy guitar straps and vice versa. In this
This shows that data mining has helped to find better ways to improve customer service has also led to the discovery of affinity pattern.
Contrary to financial analysts, who predicted last year that the market for home computers would dwindle, the personal computer industry continued to show strong growth in the first quarter of this year.(a) analysts, who predicted(b) analysts, whose predictions(c) analysts and their predictions(d) analysts' predicting(e) analysts' predictions
Answer:
e) analysts' predictions
Explanation:
In contrast to the financial analyst, who estimated that in the last year the home computer market would be decline but at the same time the industry of the personal computer depicts the strong growth for the first quarter of the year
So here this given situation represents the estimation of the analyst and the same is to be considered
hence, the correct option is e.
Kimberly owns a cupcake shop in Newport Beach, California. The market for cupcakes is very competitive. At Kimberly’s current production level, her marginal cost is $31 and her marginal revenue is $27. To maximize profits, Kimberly should:
Answer:
Reduce production
Explanation:
Profit is maximised where marginal revenue equals marginal cost. Because marginal cost is greater than marginal revenue, Kimberly should reduce production unit the point where marginal cost equals $27.
Marginal cost is the increase in cost as a result of increasing production by one unit.
Marginal revenue is the increase in revenue as a result of selling one extra unit of a product.
Health-Tech Materials is a firm that manufactures medical equipment purchased by hospitals and clinics. The firm employs over 2,500 workers in its two manufacturing facilities located in Texas and Arizona. Recently, Health-Tech dismissed a number of employees for ethics violations ranging from improper Internet usage to stealing company funds. In addition, the firm has been sued by two former employees for wrongful discharge. As a result, Health-Tech's top executives are evaluating the firm's hiring process, ethics training system, reward system, and disciplinary system to determine how to promote ethics and fair treatment.
Health-Tech's HR department has devised a brief ethics test for employees to use when determining if their actions match Health-Tech's code of conduct. Which of the following questions is LEAST likely to be included on the ethics test?
A) What Health-Tech employees will be affected by my actions?
B) Will my actions reflect negatively on the image of Health-Tech?
C) Would I perform this action if I worked for a Health-Tech competitor?
D) Is the action I am about to perform on behalf of Health-Tech a legal one?
Answer:
Correct Answer: The least likely question to be included in the ethic test is:
A) What Health-Tech employees will be affected by my actions?
Explanation:
This is because, it does not have a direct implication to the code of conduct expected by the Health-Tech's company when compared with others. For example, seeing a fraud going on in the company, it is expected that the staff should report to the appropriate management staff irrespective of whether the action would affect the staff's friend or not.
Suppose when a monopolist produces 50 units its average revenue is $8 per unit, its marginal revenue is $4 per unit, its marginal cost is $4 per unit, and its average total cost is $3 per unit. What can we conclude about this monopolist? a. The monopolist is currently maximizing profits, and its total profits are $200. b. The monopolist is currently maximizing profits, and its total profits are $250. c. The monopolist is not currently maximizing its profits; it should produce more units and charge a lower price to maximize profit. d. The monopolist is not currently maximizing its profits; it should produce fewer units and charger a higher price to maximize profit.
Answer:
b. The monopolist is currently maximizing profits, and its total profits are $250
Explanation:
The computation of monopolist is shown below:-
The monopolist is producing 50 units ate which are
MR = $4
Price = $8
MC = $4
ATC = $3
This applies that
MR = MC
while
P > ATC
So the monopolist is making a profit by making profit-maximizing quantity.
Total profits are (P - ATC) × Q
= (8 - 3) × 50
= $250
Hence, b option is correct
Starling Co. is considering disposing of a machine with a book value of $12,500 and estimated remaining life of five years. The old machine can be sold for $1,500. A new high-speed machine can be purchased at a cost of $25,000. It will have a useful life of five years and no residual value. It is estimated that the annual variable manufacturing costs will be reduced from $26,000 to $23,500 if the new machine is purchased. The five-year differential effect on profit from replacing the machine is a(n)
Answer: increase of $11,000
Explanation:
Based on the information that have been provided in the question, the five-year differential effect on profit from replacing the machine will be:
= $25000 - [5 × ($26,000 - $23,500)] - $1500
= $25,000 - (5 × $2500) - $1500
= $25,000 - $12,500 - $1,500
= $25,000 - $14,000
= $11,000
Therefore, there will be an increase of $11,000.