Answer:
1. economic growth;
2. the size of the economy
Explanation:
According to the neoclassical standpoint on issues relating to macroeconomics, it is believed that, over a long period of time, the economy will vary around its potential GDP and its natural rate of unemployment.
Therefore, the size of the economy is defined by potential GDP, and wages and prices will adjust in an intelligent manner so that the economy will move back to its potential GDP level of output.
Hence, The neoclassical view holds that long-term expansion of potential GDP due to ECONOMIC GROWTH will determine THE SIZE OF THE ECONOMY
Steve wants to use Google Display Ads to reach new customers who are looking to purchase products similar to his. Which audience type should Steve try to reach to meet his marketing goal?
Answer: In-Market audiences
Explanation:
In-market audiences are internet users who through their browsing history and tendencies have spurred Google to term them as users with high commercial intent.
Because of the analysis done by Google, they know what the users are looking for and so one can target specific ads at them. Steve can therefore use Google Display Ads to target those customers who are looking to buy similar products to his through In-market audiences.
The ______________________________ is an award competition for students attending Nuts and Bolts member schools that recognizes outstanding business skills and academic excellence.
Answer:
Nuts and Bolts International Business Student of the Year Competition (IBSY)
Explanation:
This competition seeks to award students attending Nuts and Bolts member schools for their outstanding business skills and academic excellence. Interestingly, this award has been in existence for 15 years now.
On October 1, Hill Corporation signed a 6-month note with principal of $10,000 and interest of $600 due in six months. The stated rate of interest on the note is
Answer:
the stated interest rate on the note is 12%
Explanation:
The computation of the stated rate of interest on the note is shown below:
= Interest ÷ Principal amount
= $600 ÷ $10,000
= 0.06
Since it is of six months but we have to determine annually
So we should multiplied it by 2
Like this
= 0.06 × 2
= 12%
hence, the stated interest rate on the note is 12%
The accounts receivable turnover ratio for a merchandiser is 9.9 times. Calculate the days' sales in receivables for the merchandiser. (Round your answer to the nearest day.)
Answer:
36.86 days
Explanation:
As we know that
Accounts Receivable Days = 365 / Accounts receivable Turnover ratio
Here
Accounts receivable Turnover ratio is 9.9
By putting values, we have:
Accounts Receivable Day = 365 / 9.9 = 36.86 days
What law requires businesses to communicate more openly about the hazards associated with the materials they use and produce and the wastes they generate
Answer:
Occupational safety and health act.
Explanation:
Occupational safety and health act is a set of law put together to ensure a standard for a safe and healthy working environment for employees and an assurance of workplace safety .
One of the guidelines to a safe working environment is the requirement that businesses should communicate more openly about associated hazards with the materials they use and produce and the waste they generated as well so that every employee will have a good understanding of related potential hazards and will be careful in complying with the safety measures in place to prevent occurrence.
Hong Kong Clothiers reported revenue of $5,000,000 for its year ended December 31, 2018. Accounts receivable at December 31, 2017 and 2018, were $320,000 and $355,000, respectively. Using the direct method for reporting cash flows from operating activities, Hong Kong Clothiers would report cash collected from customers of:
Answer: $4,965,000
Explanation:
From the question, we are informed that Hong Kong Clothiers reported revenue of $5,000,000 for its year ended December 31, 2018 and that the accounts receivable at December 31, 2017 and 2018, were $320,000 and $355,000, respectively.
From the above analysis HongKong Clothiers would report cash collected from customers of:
= $5,000,000 + $320,000 - 355,000
= $4,965,000
A sharing arrangement in which only deductible costs are apportioned to the investor, with the sponsor bearing all capitalized costs is called
Answer:
D) functional allocation
Explanation:
These are the options for the question;
A) overriding royalty arrangement.
B) reversionary sharing arrangement.
C) carried interest.
D) functional allocation.
A sharing arrangement in which only deductible costs are apportioned to the investor, with the sponsor bearing all capitalized costs is called functional allocation.
functional allocation in management involves the act in which employee are grouped in departments according to skills possessed by them or area they specialize in, and these department are been managed by functional leader.. It is very important in business for employees to give their best during production.
Creating a favorable impression and building trust with prospective customers is a critical part of the __________ step of personal selling.
Answer:
Approach
Explanation:
Personal selling in the domain of finance involves the process in which customer are able to convinced about a products to buy them, it is usually utilized by sales person and it involves many steps . It should be noted that Creating a favorable impression and building trust with prospective customers is a critical part of the approach step of personal selling.
If a manager chooses the right goals to pursue, but does a poor job of using the resources in achieving these goals, the result (in terms of efficiency and effectiveness) is
Answer:
low efficiency, high effectiveness.
Explanation:
If a manager chooses the right goals to pursue, but does a poor job of using the resources in achieving these goals, the result (in terms of efficiency and effectiveness) is low efficiency, high effectiveness.
High effectiveness implies that an individual is capable of choosing the right goals, objectives and mission to achieve success in their field (endeavors). When a manager has high effectiveness, it can be said that he or she is able to solve targeted problems.
Low efficiency refers to the state of not being able to accomplish a goal successfully using the available resources.
_______________ are a comprehensive tool, especially since it would cost our society so much to prosecute and allow a trial for every individual that committed a crime.
Answer:
"Plea bargains" would be the correct approach.
Explanation:
The mechanism by which a convicted criminal as well as lawyer arrive at a mutually agreeable conclusion of such a criminal proceeding needs to be approved by the judge. It is indeed a deal during which the offender seeks to make a reduced case guilty verdict and indeed the complainant offers to dismiss an even more severe punishment.If you knew nothing about your data except that it is a scale variable, which measure of central tendency would be the "safest bet"?
Answer:
Median
Explanation:
The scale variable refers to a variable in which it could be measured and contains a numerical value
In case when you dont know about the data except for scale variable so the safest bet for measuring the central tendancy should be median as it derives the mid-value of the given set of numbers
So here the median should be considered
If the world's population increased exponentially from 5.937 billion in 1998 to 6.771 billion in 2008 and continued to increase at the same percentage rate between 2008 and 2012, calculate what the world's population would have been in 2012. how does this compare to the population reference bureau estimate of 7.07 billion in july 2012?
Answer:
The world's population would have been 7.1137 billion in 2012, and this is 0.0437 billion (i.e. 7.1137 - 7.07 = 0.0437) higher compared to the population reference bureau estimate of 7.07 billion in July 2012.
Explanation:
This can be computed using the following exponential formula:
P(t) = P(0)a^t ............................ (1)
Where;
P(t) = World population in year t.
P(0) = World population in year 0 which is 1998 = 5.937 billion
a = base = ?
t = number of years
Substituting the value into equation (1), we have:
P(t) = 5.937 * a^t .......................................... (2)
Since we have 10 years from 1998 to 2008 (i.e. 2008 - 1998 = 10), we have:
P(t) = P(10) = World population in 2008 = 6.771 billion
t = 10
Substituting the value into equation (2) and solve for a, we have:
6.771 = 5.937 * a^10
a^10 = 6.771 / 5.937
a^10 = 1.1405
a = [tex]\sqrt[10]{1.405}[/tex]
a = 1.013
Since we have 14 years from 1998 to 2012 (i.e. 2012 - 1998 = 14), we now have:
P(t) = P(14) = World population in 2012 = ?
P(0) = World population in year 0 which is 1998 = 5.937 billion
a = 1.013 as already calculated above
t = 14
Substituting the value into equation (1), we have:
P(14) = 5.937 * 1.013^14
P(14) = 5.937 * 1.192
P(14) = 7.1137 billion
Therefore, the world's population would have been 7.1137 billion in 2012, and this is 0.0437 billion (i.e. 7.1137 - 7.07 = 0.0437) higher compared to the population reference bureau estimate of 7.07 billion in july 2012.
Efficient processes in manufacturing that resulted in quality products and reduced unit costs was the focus of which era in the evolution of marketing?
Answer:
Product orientation.
Explanation:
Efficient processes in manufacturing that resulted in quality products and reduced unit costs was the focus of product orientation in the evolution of marketing.
Product orientation refers to a management philosophy or concept which suggests that the quality of the goods produced by a company are much more important than the needs and wants of the potential customers in the target market. This ultimately implies that, the end users or consumers would be more attracted to goods that are of quality standards.
If the price level in 2018 is 150 and it rises to 165 in 2019, what is the rate of inflation between 2018 and 2019
Answer:
10%
Explanation:
The price level in 2018 is 150
The price level in 2019 is 165
P1= 150
P2= 165
Therefore, the rate of inflation between 2018 and 2019 can be calculated as follows
P2-P1/P1
= 165-150/150
= 15/150
= 0.1×100
= 10%
Hence the rate of inflation between 2018 and 2019 is 10%
Your roommate just bought an iPod for $200. She would have been willing to pay $500 for a machine that could store and replay that much music. How much consumer surplus does your roommate enjoy from the iPod? *
Answer:
$300
Explanation:
Consumer surplus refers to the gain a customer has when the price of a product is lower than what they are willing to pay. According to this, the consumer surplus would be:
Price the customer was willing to pay: $500
Price paid: $200
$500-$200=$300
According to this, your roommate enjoyed from the iPod a consumer surplus of $300 because she was willing to pay $500 and she paid $200.
Firms pursuing a __________ strategy strive to be the lowest cost producer in an industry for a particular level of product quality.
Answer: B)cost leadership
Explanation:
Firms that pursue a Cost Leadership strategy aim to employ practices and standards that will enable them to produce so efficiently that they have the lowest cost in the industry for a particular level of product quality.
This will translate to them being able to offer their goods at a lower price than the competition thereby increasing their profitability and enabling them capture market share.
ABC Manufacturing employs a man who frequently exhibits aggressive behavior towards both coworkers and customers. Managers at ABC realize that the employee has a potential for violence, yet they continue to keep him on the payroll. If the employee harms a coworker, then ABC Manufacturing could be held liable for
Answer:
negligent retention
Explanation:
Negligent retention is a type of claim where an employer is sued for not firing an employee that exhibited behavior that posed a treat to other coworkers. This unwanted behavior might include sexual harassment, bullying, violent behavior, fraud, dishonesty or other types of improper conduct.
The person filing the claim must have been hurt by the other employee's behavior and the company must have been notified about the employee's bad conduct.
On January 1, 2019, Billips Corporation purchased equipment having a fair value of $72,054.94 by issuing a $90,000 note, payable in three $30,000 annual installments beginning December 31, 2019.
Required:
Prepare:
a. the journal entry to record the purchase of the equipment.
b. a schedule to compute the annual interest expense.
c. the journal entries to record yearly interest expense and note repayments over the life of the note.
Answer:
a. the journal entry to record the purchase of the equipment.
January 1, 2019, equipment is purchased
Dr Equipment 72,054.94
Dr Discount on notes payable 17,945.06
Cr Notes payable 90,000
b. a schedule to compute the annual interest expense.
Since we are not given any type of interest rate to compute the amortization of the discount of notes payable using the effective interest method, I will use straight line amortization. Amortization of interest expense per year = $17,945.06 / 3 = $5,981.68
interest expense for year 1 = $5,981.68, carrying value of discount on notes payable = $11,963.38interest expense for year 2 = $5,981.68, carrying value of discount on notes payable = $5,981.70interest expense for year 3 = $5,981.70.c. the journal entries to record yearly interest expense and note repayments over the life of the note.
December 31, 2019, accrued interest expense
Dr Interest expense 5,981.68
Cr Discount on notes payable 5,981.68
December 31, 2020, accrued interest expense
Dr Interest expense 5,981.68
Cr Discount on notes payable 5,981.68
December 31, 2021, notes payable is paid off
Dr Notes payable 90,000
Dr Interest expense 5,981.70
Cr Cash 90,000
Cr Discount on notes payable 5,981.68
A generalist practitioner performing the role of _____ coordinates, on behalf of a specific client, needed services provided by any number of agencies, organizations, or facilities.
Answer:
Case manager, Specific client
Explanation:
Case manager is a generalist practitioner performing the role of a specific client coordinates, on behalf of a specific client, needed services provided by any number of agencies, organizations, or facilities.
Case manager are also known as Human or Social service assistant whose role is to strive to achieve for client empowerment. Case managers do not manage people, instead they help people to handle difficult situations.
When senior managers at Gap, Inc. decided to become the number one service-quality clothing company in the world, they were engaging in the management function of _____.
Answer:
Planning
Explanation:
Planning is crucial aspect of management, it can be explained as the process carried out by an organization to make rooms for their activities in the future for the success of the organization, it helps the organization to know the goals and how to achieve this goals. It should be noted that Planning could be strategic or operational in nature
Therefore, from the question, the statement can be written as " when senior managers at Gap, Inc. decided to become the number one service-quality clothing company in the world, they were engaging in the management function of planning"
A store owner is trying to decide whether or not to cheat her customers. Which one of her arguments would qualify as a moral decision, according to Bentham and Mill?
She decides not to cheat her customers because such an act could not be made into a universal law.
Proponents of using the inflation tax to finance government budget deficits argue that: Multiple Choice these deficits would be far worse otherwise. inflation is ultimately beneficial in the long run. the economic slowdown produced by the inflation tax is preferable to the hyperinflation that would occur in the absence of the inflation tax. while inflation is undesirable, the breakdown of the economy that would occur in the absence of an inflation tax would be worse.
Answer:
while inflation is undesirable, the breakdown of the economy that would occur in the absence of an inflation tax would be worse.
Explanation:
This is because, they believe that, when the economy under inflation is taxed, the money generated would be used to cushion the effects of those inflation through adequate management and administering of policies and projects.
A person has fee simple ownership of a unit in a multi-story building. She is also required to pay property taxes on that unit. Which type of common interest ownership could the owner have?
Answer: 3. condo ownership
Explanation:
A condominium is similar to an apartment/ flat meaning that it is an individual unit in a multi-story building that has other apartments in it as well. A condo unlike an apartment however, can be sold to individual owners.
The buyers of these condos will have a fee simple ownership interest in the condo meaning that they have full ownership and so will pay taxes on it.
Which of the following is an outcome of effective listening in the workplace? Group of answer choices Lost opportunities A premium on communication skills Stronger organizational relationships Less temptation to multitask More opportunity to contribute
Answer:
Stronger organizational relationships
Explanation:
Effective listening enables individuals bro better understand each other and fosters collaboration.
When employees listen effectively to one another they build stronger relationships. This is important in organisations that have high diversity in the employee pool.
Also effective listening helps employees better understand customer needs and enables them to effectively meet customer expectations.
Most customer problems are easily solved when the employee listens carefully to what the customer is saying
one importance of keyboard is
Answer:
Keyboard helps a user to type a letter,number and etc..
For the fall semester, you had to pay a nonrefundable fee of $600 for your meal plan, which gives you up to 150 meals. If you eat 100 meals, your marginal cost of the 100th meal is: Group of answer choices
Answer:
$6
Explanation:
Marginal cost is additional cost for producing one extra unit of product
The given parameters are;
The amount paid for the semester meal plan = Nonrefundable $600
The number of meals that can be eaten with the meal plan = 150
The number of meals ate = 100
Therefore, at $600, the marginal cost of the 100th meal is the cost of producing 100 meals at $600 given as follows;
Marginal cost of a meal = Total amount paid for the semester meal plan/(Total number of meals taken)
The marginal cost of the 100th meal = $600/100 = $6.00
The marginal cost of the 100th meal = $6.00
The marginal cost of the 100th meal is $6.
Calculation of the marginal cost:Marginal cost refers to the additional cost for generating one extra unit of product
Since
The amount paid for the semester meal plan = Nonrefundable = $600
The number of meals that can be eaten with the meal plan = 150
The number of meals ate = 100
Now
Marginal cost of a meal = Total amount paid for the semester meal plan/(Total number of meals taken)
= $600/100
= $6.00
Hence, The marginal cost of the 100th meal = $6.00
learn more about marginal cost here: https://brainly.com/question/10742640
In the late 1990s, travel companies adopted a new business model in which they sold tickets via the web, and buses did not run off a terminal but a street corner. there were about fifteen such carriers in the northeast itself, and boltbus had not been launched as yet. this indicates that boltbus did not _____.
Answer:
Possess a first-mover advantage
Explanation:
The first mover is the maiden product or service to enter a market space that achieves relative competitive advantage compared to later entrants into the market due to the product or service being the first established product or service. Such products or markets that open up a market tend to a stronger brand and a deeper rooted business model as well as more customers loyalty than the later products that sought more market.
be the same as ordering cost. The production rate would be about double the usage rate. Compared to the EOQ, the economic production quantity would be approximately:
Find full question attached
Answer:
C. 40% larger
Explanation:
Economic order quantity(EOQ) is used in inventory management to reduce holding costs and ordering costs by sticking to the best order quantity that can achieve this. From the above, Economic order quantity should be able to reach usage rate but the company has switched from buying to producing and since production is twice usage rate, Economic production quantity(EPQ) should be larger than Economic order quantity and about 40% (from the options)
With regard to a prior perfected security interest in goods for which a financing statement has been filed, which parties is most likely to have a superior interest in the same collateral?
Answer:
A buyer in the ordinary course of business who purchased the goods from a merchant
Explanation:
In finance, perfected security interest is an interest in a property that prevents other party from having claims on it legally.
It should be noted that With regard to a prior perfected security interest in goods for which a financing statement has been filed, the parties is most likely to have a superior interest in the same collateral is buyer in the ordinary course of business who purchased the goods from a merchant.
Why is it important to site? Name at least three reasons
Answer:
It gives proper credit to the author, it helps you avoid plagiarism, and it helps to create more ideas in your mind.