after receiving financial information about the riding toy division at rainbow toys, management is considering closing the riding toy division. the division generated revenues of $950,500, the contribution margin was $239,800, and division income was ($162,700). however management discovered that $395,200 of corporate fixed overhead has been allocated to the division and included in the computation of division income. with this additional information, should rainbow close the riding toy division? why or why not?

Answers

Answer 1

The revised division income after considering the allocated fixed overhead is $232,500.

To determine whether Rainbow Toys should close the riding toy division,  to recalculate the division's income by considering the allocation of corporate fixed overhead. The allocated fixed overhead may impact the division's profitability and decision-making.

Given information:

Revenues of the riding toy division = $950,500

Contribution margin = $239,800

Division income (before considering fixed overhead) = ($162,700)

Corporate fixed overhead allocated to the division = $395,200

Let's calculate the revised division income:

Division Income (after considering fixed overhead) = Division Income (before fixed overhead) + Allocated Fixed Overhead

Division Income (after considering fixed overhead) = ($162,700) + $395,200

Division Income (after considering fixed overhead) = $232,500

To know more about income here

https://brainly.com/question/2386757

#SPJ4


Related Questions

Which of the following is not true for price-maker assumption: Applies to duopoly. Results in downward-sloping demand curve. Applies to monopolistic competition. Does not apply to any of the competitive market structures. Applies to market structures such as monopoly and oligopoly. Question 3 A firm will possibly have the highest market power in the following industry structure: Oligopoly. Perfect competition. Monopoly. Duopoly. Monopolistic competition.

Answers

Price-maker assumption refers to a scenario where a company or a firm enjoys the power to set the prices of its products and services in the market.

In other words, the price maker assumption means that the firm or a company can influence the market price by manipulating the supply or demand of the product not apply to any of the competitive market structures.

The given statement is not true for price-maker assumption. The market power of a firm refers to the ability of a company to influence the price and supply of goods or services. higher than the market prices to earn more profit.  

To know more about scenario visit:

https://brainly.com/question/32646825

#SPJ11

On 1 January 2022, Rhino Limited (Rhino) enters into a contract with a customer, Henan Food Packing (HFP) Ltd, to design and install a replacement motor for one of their packing machines. They agreed on the following terms and conditions: - The agreed contract price is $75,000. - HFP Ltd should pay a deposit of 10% of the contract price on the date the contract is signed. - Once the deposit is made, the design team of Rhino Ltd will work closely with HFP to prepare a detailed design and plan. Once the detailed design is done, HFP must approve the design. At the time of approval, Rhino Ltd require HFP to pay 30% of the contract price. - After the approval, within 5 months, the motor should be designed and has to be delivered and installed. Upon the installation, the customer should pay the balance amount of the contract. If Rhino Ltd delivers later than the dates specified above, HFP Ltd will get a 5% discount on the total contract price. - Rhino Ltd agreed to provide the installation free to HFP Ltd as part of the contract. - Rhino Ltd also promised to provide free maintenance service at the end of the six months upon installation as part of the contract. The selling price of a similar replacement motor excluding any offer is $67,200. A similar installation service is usually sold at $8,000 to other customers and a similar maintenance service is provided at $4,800. As agreed, both the parties to the contract performed their respective obligations as follows: - On 1 January 2022, HFP Ltd paid 10% of the agreed contract price. - On 15 February 2022, HFP Ltd approved the design and paid 30% of the contract price as agreed. - On 25 June 2022 , the motor was delivered and installed successfully. On the same day, HFP Ltd paid the balance amount as agreed. As Daniel used the old revenue accounting standard, IAS 18, while he was practising as an accountant in India, he is now struggling to understand how to account for sales under NZ IFRS 15 . He seeks your advice in recognising revenue with the contract with HFP Ltd. Required: (a) Advise Daniel on how the contract with HFP Ltd should be treated under each step of the five-step revenue recognition model in NZ IFRS 15. (10 marks) (b) Prepare the relevant journal entries for transactions related to the above sale until 30 June 2022. Write narrations for journal entries

Answers

(a) Treatment of the contract with HFP Ltd under the five-step revenue recognition model in NZ IFRS 15:

Step 1: Identify the Contract:

The contract with HFP Ltd is identified as it meets the criteria specified in NZ IFRS 15.

Step 2: Identify the Performance Obligations:

The performance obligations in the contract are to design and install a replacement motor for HFP Ltd.

Step 3: Determine the Transaction Price:

The transaction price is determined as $75,000, which is the agreed contract price.

Step 4: Allocate the Transaction Price to the Performance Obligations:

The transaction price needs to be allocated to the performance obligations based on their relative standalone selling prices. As per the information provided:

- The standalone selling price of the replacement motor is $67,200.

- The standalone selling price of the installation service is $8,000.

- The standalone selling price of the maintenance service is $4,800.

Step 5: Recognize Revenue as the Performance Obligations are Satisfied:

Revenue should be recognized when control of the goods or services is transferred to the customer. In this case:

- On 1 January 2022, when HFP Ltd paid the 10% deposit, revenue is recognized for that amount.

- On 15 February 2022, when HFP Ltd approved the design and paid 30% of the contract price, revenue is recognized for that amount.

- On 25 June 2022, when the motor was delivered and installed successfully, and the balance amount was paid by HFP Ltd, revenue is recognized for the remaining amount.

(b) Journal entries:

1. On 1 January 2022, when HFP Ltd paid the 10% deposit:

  Debit: Accounts Receivable - HFP Ltd $7,500

  Credit: Unearned Revenue $7,500 (Narration: Received deposit from HFP Ltd)

2. On 15 February 2022, when HFP Ltd approved the design and paid 30% of the contract price:

  Debit: Accounts Receivable - HFP Ltd $22,500

Learn more about  accounts  here:

https://brainly.com/question/5640110

#SPJ11

So I’m making a business proposal for my business class. I have to make a business proposal for a reselling limited edition sneakers company. I need enough information about: (can you please answer the question with all of its information as a business proposal report? I do not need general information about reselling limited edition sneakers company, Thank You)
1- executive summary
2- background
3- proposal
4- benefits
5- timeline
6- finance
7- conclusion

Answers

In conclusion, our proposal offers a lucrative opportunity to establish a leading limited edition sneaker reselling company, satisfying customers and driving profitability.

1- Executive Summary:

Our business proposal aims to establish a reselling company specializing in limited edition sneakers. By leveraging market research, strategic partnerships, and an intuitive online platform, we will cater to sneaker enthusiasts seeking exclusive footwear. Our comprehensive approach positions us for growth, profitability, and customer satisfaction in this thriving niche market.

2- Background:

The limited edition sneaker market has witnessed exponential growth, with collectors and fashion enthusiasts driving demand for rare releases. Our research reveals key market trends, customer preferences, and emerging opportunities. With a deep understanding of the sneaker culture and reselling landscape, we are poised to capitalize on this market and provide a valuable service to buyers and sellers.

3- Proposal:

Our proposal entails creating an online platform connecting sneaker collectors and resellers. We will curate a diverse inventory, forge brand partnerships, and leverage industry connections to offer a seamless user experience. Our platform will prioritize intuitive search options, secure transactions, and comprehensive product information. A fair pricing model will ensure competitiveness for both buyers and sellers.

4- Benefits:

Our limited edition sneaker reselling company will benefit customers by providing access to an extensive selection of exclusive footwear, eliminating the need for exhaustive searches. Secure transactions and a trustworthy environment will offer peace of mind. Our business will generate revenue through commission fees, attracting a loyal customer base and sustaining profitability.

5- Timeline:

Our timeline encompasses establishing the online platform, supplier partnerships, and inventory development in the initial three months. Simultaneously, marketing campaigns will raise awareness and attract early adopters. Within the first year, we aim to achieve a substantial customer base, reputable brand presence, and expanded inventory, with continuous optimization to stay ahead of the competition.

6- Finance:

We project the initial investment required to launch our limited edition sneaker reselling company, including website development, inventory acquisition, marketing, infrastructure, and legal compliance. Funding will be secured through personal investment, loans, and potential partnerships. Financial projections indicate positive cash flow within the first year, with increasing profitability as operations scale.

7- Conclusion:

In conclusion, our proposal outlines a compelling opportunity to establish a limited edition sneaker reselling company. With our expertise, passion, and comprehensive market understanding, we are confident in meeting sneaker enthusiasts' demands and generating sustainable revenue. We strive to become the go-to destination for rare and exclusive sneakers.

Learn more about business proposal report here:

https://brainly.com/question/32168421

#SPJ11

Mr. Ahmed is the owner of a four storied building at Dhanmondi, which has been let out for residential purpose at Tk. 42,000 per month for each floor. Mr. Ahmed resides with his family in first floor. The municipal value of the house is Tk. 18,75,000 annually. The following expenses were incurred in the income year 2014-15for that house: Repair expenses Tk.186,000; City Corporation tax Tk. 27,000; Rent collection expenses Tk. 10,000; lift man salary Tk. 7,000; Installation of generator Tk. 45,000. During the year Mr. Ahmed paid installment of loan to Dhaka bank Tk. 12,000. Compute income from house property for the assessment year 2015-16 Subject: Principles of Taxation (ACC 1001) 19:20

Answers

The income from the house property for the assessment year 2015-16 is Tk. 1,14,000.

This is calculated by subtracting the allowable expenses (repair expenses, city corporation tax, rent collection expenses, lift man salary, installation of generator) and the loan installment paid from the total rental income of Tk. 1,68,000. The rental income from all four floors is Tk. 1,68,000 per month. The allowable expenses (repair expenses, city corporation tax, rent collection expenses, lift man salary, installation of generator) amount to Tk. 2,49,000. Deducting the loan installment of Tk. 12,000, the total income from house property is Tk. 1,14,000.

Learn more about income here:

https://brainly.com/question/2386757

#SPJ11

Calculate the yield to maturity on the following bonds.
A 8.1 percent coupon (paid semiannually) bond, with a $1000 fv 21 years remaining to maturity. The bond is selling at $890 intermediate calculations. Round your answer to 3 d 32.161)) Yield to maturity
% per year
b.An 5.2 percent coupon (paid quarterly) bond, with a $1000 face value 10 years remaining to maturity. The bond is selling at $916 (Docalculations. Round your answer to 3 decimal places Yield to maturity % per year
c.An 7.2percent coupon (paid annually) bond, with a $1,000 face value and 8 years remaining to maturity. The bond is selling at $1,066. (Dcalculations. Round your answer to 3 decimal places Yield to maturity
% per year

Answers

Bond Yield to maturityYield to maturity (YTM) is a calculation used to determine the anticipated annual rate of return for a bond.

It determines the internal rate of return of an investment, reflecting the time value of money and the opportunity cost of investing in other ventures that have similar risks. It considers the coupon rate, face value, current market price, and remaining time until maturity, among other factors.

It is commonly used as a basis for investment decisions in bond investments. The formula to calculate the yield to maturity is as follows:

YTM = [C + ((F - P) / n)] / [(F + P) / 2]Where,

C = coupon rate,

F = face value,

P = price paid for the bond, and

n = number of years to maturity.

A) 8.1 percent coupon (paid semiannually) bond, with a 1000 fv 21 years remaining to maturity. The bond is selling at 890 Yield to maturity% per year = 9.81% per year.

b) 5.2 percent coupon (paid quarterly) bond, with a 1000 face value 10 years remaining to maturity. The bond is selling at 916Yield to maturity% per year = 5.46% per year.

c) 7.2 percent coupon (paid annually) bond, with a 1,000 face value and 8 years remaining to maturity. The bond is selling at 1,066.Yield to maturity% per year = 6.40% per year.

To know more about value visit:
https://brainly.com/question/1578158

#SPJ11

Question 1 The table below shows Actual-Dollar cash flows of a proposed project of yours. If the real (inflation free) interest rate is 5% and inflation rate is 3%, calculate the Constant-Dollar (real, inflation free) NPW for the project. ΕΟΥ Cash Flow 0 -$60,000 1 $25,000 2 $23,000 3 $21,000 Question 1 Part A: Select the appropriate inflation/interest rates for this scenario from below. O i=3%, f = 5% O i=5%, f=3% O i=3 %, f=5 % O i=5%, f=3%

Answers

The appropriate inflation/interest rates for this scenario is i=5%, f=3%.

What is Inflation?

Inflation and interest are the factors affecting money's value over time. In a scenario with a 3% inflation rate and a 5% interest rate, money's value decreases by 3% annually, while earning 5% annually due to interest.

To calculate the Constant-Dollar NPW, adjust dollar cash flows for inflation by dividing each cash flow by the inflation rate raised to the power of future years.

For example, the first cash flow of -$60,000 in year 0 would be adjusted to -$60,000 / (1+0.03)^0 = -$60,000.

Once we have adjusted the cash flows for inflation, we can calculate the Constant-Dollar NPW using the following formula:

NPW = [tex]-CF0 + CF1 / (1+i)^1 + CF2 / (1+i)^2 + ... + CFn / (1+i)^n[/tex]

where:

CF0 is the initial cash flow

CF1, CF2, ..., CFn are the future cash flows

i is the interest rate

n is the number of years

In this case, the Constant-Dollar NPW is:

NPW = -$60,000 + $25,000 / (1+0.05)^1 + $23,000 / (1+0.05)^2 + $21,000 / (1+0.05)^3 = -$58,916.88

Therefore, the Constant-Dollar NPW of the project is -$58,916.88.

Read more about cash flows here:

https://brainly.com/question/24179665

#SPJ4

Identify THREE types of nonbulk packaging that can be used to hold small quantities of hazardous materials:
a. Metal drums b. Multi-walled paper bags c. Cardboard boxes

Answers

Metal drums are commonly used to store and transport hazardous materials in small quantities. Fiberboard drums, also known as composite drums, are constructed from fiberboard materials, usually reinforced with a metal or plastic lining.

Three types of non-bulk packaging that can be used to hold small quantities of hazardous materials are:

a. Metal drums: Metal drums are commonly used to store and transport hazardous materials in small quantities. They provide durability, strength, and resistance to leakage or damage. Metal drums are often made of steel or aluminum and are designed to meet specific regulatory standards for the safe handling and containment of hazardous substances.

b. Fiberboard drums: Fiberboard drums, also known as composite drums, are constructed from fiberboard materials, usually reinforced with a metal or plastic lining. These drums offer a lightweight yet sturdy packaging solution for small quantities of hazardous materials. Fiberboard drums are designed to meet regulatory requirements and provide a reliable barrier against leaks or spills.

c. Plastic jerricans: Plastic jerricans are containers made of sturdy plastic material, often high-density polyethylene (HDPE). They are commonly used for storing and transporting small amounts of hazardous liquids or chemicals. Plastic jerricans are lightweight, resistant to corrosion, and have tight sealing capabilities, making them suitable for safe storage and handling of hazardous substances.

It is important to note that the selection of packaging for hazardous materials should comply with relevant regulations and industry standards to ensure proper containment and minimize risks associated with handling and transportation.

To learn more about hazardous materials click here

https://brainly.com/question/30264140

#SPJ11

The stock of an important food retail company has a beta of 1.2. The expected return on the market portfolio is 12% and the risk-free rate 6%. What is the expected or required rate of return on that stock?

Answers

The expected or required rate of return on the stock is 13.2%.

The required rate of return, r, is calculated by the Capital Asset Pricing Model (CAPM), which is:

r = Rf + beta(Rm – Rf)

where Rf is the risk-free rate, beta is the beta coefficient of the stock, Rm is the expected return on the market portfolio, and (Rm – Rf) is the market risk premium.

In the given case, the risk-free rate, Rf = 6%.

The expected return on the market portfolio, Rm = 12%.

The beta coefficient of the stock, beta = 1.2.

Now, we can use the CAPM equation to calculate the required rate of return:

r = Rf + beta(Rm – Rf)r = 6% + 1.2(12% – 6%)r = 6% + 1.2(6%)r = 6% + 7.2%r = 13.2%

Hence, the expected or required rate of return on the stock is 13.2%.

To know more about CAPM visit:

https://brainly.com/question/10593001

#SPJ11

________ money could be used for some other purpose other than as a medium of exchange, for example, gold coins could be melted down and turned into gold jewelry.

Answers

Fiat money could be used for some other purpose other than as a medium of exchange, for example, gold coins could be melted down and turned into gold jewelry.

Fiat money refers to currency that is not backed by a physical commodity like gold or silver but is instead declared as legal tender by the government. Unlike commodity money, such as gold coins, fiat money has no intrinsic value and relies on the trust and confidence of the public in the issuing authority. While fiat money primarily serves as a medium of exchange, it is not limited to that function alone. Since fiat money holds no inherent value in and of itself, individuals can choose to use it for various purposes other than its intended use in transactions. For example, gold coins, which have intrinsic value due to their precious metal content, can be melted down and transformed into gold jewelry, thus diverting their use from being solely a medium of exchange to becoming a valuable commodity in the form of jewelry. This flexibility in the use of fiat money distinguishes it from commodity money, as the latter typically holds value both as a medium of exchange and as a commodity in its own right. While fiat money primarily serves as a means of facilitating economic transactions, individuals have the freedom to utilize it in alternative ways based on their personal preferences and needs.

To learn more about Fiat money, Click here:

https://brainly.com/question/14136478

#SPJ11

explain step by step. Styling Shoes, LLC, filed its 20X8 Form 1065 on March 15, 20X9. Styling had three members with the following ownership interests and tax bases at the beginning of 20X8: (1) Jane, a member with a 25 percent profits and capital interest and a $9,000 outside basis, (2) Joe, a member with a 45 percent profits and capital interest and a $14,000 outside basis, and (3) Jack, a member with a 30 percent profits and capital interest and a $6,000 outside basis. The following items were reported on Styling's Schedule K for the year: ordinary income of $108,000, Section 1231 gain of $19,000, charitable contributions of $29,000, and tax-exempt income of $7,000. In addition, Styling received an additional bank loan of $16,000 during 20X8. What is Jane's tax basis after adjustment for her share of these items? Multiple Choice $35,250 $39,250 $42,300 $68,450

Answers

Jane's tax basis after adjustment for her share of these items is $39,250.

To calculate Jane's tax basis after adjustment for her share of the items, we need to consider the following steps: Start with Jane's initial outside basis: $9,000.

Add Jane's share of Styling's ordinary income: Jane's share is 25%, so $108,000 * 25% = $27,000.

Add Jane's share of Styling's Section 1231 gain: Jane's share is 25%, so $19,000 * 25% = $4,750.

Subtract Jane's share of Styling's charitable contributions: Jane's share is 25%, so $29,000 * 25% = $7,250.

Add Jane's share of Styling's tax-exempt income: Jane's share is 25%, so $7,000 * 25% = $1,750.

Add Jane's share of the additional bank loan: Jane's share is 25%, so $16,000 * 25% = $4,000.

Now, calculate the total adjustments by summing up the amounts from steps 2 to 6:

$27,000 + $4,750 - $7,250 + $1,750 + $4,000 = $30,250.

Finally, add the total adjustments to Jane's initial outside basis:

$9,000 + $30,250 = $39,250.

Learn more about tax here:

https://brainly.com/question/30044357

#SPJ11

helps customer view all products and also lets them order online or indirect them to the nearest store following best describes

Answers

The description provided suggests that the feature being described helps customers view all products and gives them the option to order online or directs them to the nearest store.

It seems that the feature being described is an e-commerce platform or an online shopping website. An e-commerce platform allows customers to view all products available for purchase. It provides them with the convenience of ordering online, where they can add items to a virtual cart, make payments, and have the products delivered to their doorstep.

Additionally, it may also have a feature that helps customers locate the nearest physical store if they prefer to make a purchase in person. Overall, an e-commerce platform is designed to provide customers with a seamless shopping experience, allowing them to easily browse and order products online or find the nearest store for a more traditional shopping experience.

To know more about customers visit :

https://brainly.com/question/33030308

#SPJ11

fog corporation sells $5,000 goods on account. salaries expense was $3,000. sales returns were $100, and sales discounts were $300. net sales were

Answers

Net sales represents revenue generated by a company after accounting for sales returns and sales discounts. In the given scenario, Fog Corporation had total sales of $5,000. However, they also had sales returns amounting to $100 and sales discounts of $300.

Sales returns refer to merchandise that customers have returned to the company for various reasons, such as defects or dissatisfaction. Sales discounts, on the other hand, are reductions in the selling price offered to customers as an incentive for early payment or other reasons.

To calculate the net sales, we subtract the sales returns and sales discounts from the total sales:

$5,000 - $100 - $300 = $4,600

Therefore, the net sales for Fog Corporation would be $4,600. This represents the actual revenue earned by the company from the sale of goods, accounting for any returns and discounts given to customers. It is an important metric for assessing the company's sales performance and determining its overall financial health.

To learn more about Net sales, click here:https://brainly.com/question/29436143  

#SPJ11

under what circumstances could a broker-dealer firm share in a financial loss with a customer?

Answers

Under normal circumstances, a broker-dealer firm would not share in a financial loss with a customer. The relationship between a broker-dealer and a customer is typically based on a transactional arrangement where the customer engages the services of the broker-dealer to execute trades, provide investment advice, or other related services. In such cases, any financial losses incurred by the customer are borne solely by the customer.

However, there may be certain exceptional circumstances where a broker-dealer firm could potentially share in a financial loss with a customer. One such scenario could be if there is a specific agreement or contract in place between the broker-dealer and the customer that outlines such a provision. This could occur in situations where the broker-dealer assumes a certain level of risk or liability for the customer's investments or trading activities, and there is an explicit agreement to share in any resulting losses.

It is worth noting that such agreements are relatively uncommon in the brokerage industry. Broker-dealer firms are typically intermediaries that facilitate transactions and provide services, but they do not typically assume direct financial responsibility for the customer's investment losses. Customers are generally expected to bear the financial risks associated with their investment decisions, while the broker-dealer's role is to execute orders and provide relevant information and guidance to the customer.

To learn more about broker-dealer, Click here: brainly.com/question/28346099

#SPJ11

which of the following is a legitimate reason for a broker to remove a deposit from her escrow account?

Answers

A broker may remove a deposit from their escrow account for various reasons, but these reasons must be legitimate. A legitimate reason for a broker to remove a deposit from their escrow account is when the transaction closes successfully.

A broker’s escrow account is a financial account that they use to hold deposits made by their clients. This account is usually used to secure the buyer’s interest in the transaction and to ensure that the seller receives their payment when the transaction is complete.

There are several reasons why a broker may remove a deposit from their escrow account. Some of these reasons may include the following. When the transaction closes successfully. When there is an agreement between the buyer and the seller.

To know more about account visit:

https://brainly.com/question/30977839

#SPJ11

the eeoc and ofccp require firms to keep their staffing records in order to

Answers

The EEOC (Equal Employment Opportunity Commission) and OFCCP (Office of Federal Contract Compliance Programs) require firms to keep their staffing records in order to ensure compliance with equal employment opportunity and affirmative action regulations. The specific purposes for maintaining staffing records include:

EEO Compliance: The EEOC and OFCCP require companies to keep records to demonstrate that they are not engaging in discriminatory employment practices. These records can be used to track and analyze data related to the recruitment, hiring, promotion, and termination of employees to ensure fair and equal treatment.

Reporting and Auditing: Companies may be required to submit reports to the EEOC and OFCCP, disclosing information about their workforce demographics and employment practices. Staffing records are crucial for generating accurate and comprehensive reports to meet regulatory obligations.

Monitoring and Investigation: The EEOC and OFCCP may conduct audits and investigations to ensure compliance with equal employment opportunity and affirmative action regulations. Staffing records serve as evidence and documentation to assess whether an organization is meeting its legal obligations and to investigate any potential violations.

Affirmative Action Planning: Federal contractors and subcontractors are required to develop and maintain affirmative action plans (AAPs) to promote diversity and equal employment opportunities. Staffing records are essential for establishing baselines, setting goals, and measuring progress toward achieving workforce diversity and inclusion objectives.

Overall, the maintenance of staffing records is crucial for organizations to comply with legal requirements, demonstrate fair employment practices, and support diversity and inclusion initiatives. These records help ensure transparency, accountability, and provide data for analysis to identify areas for improvement in the recruitment, hiring, and advancement of employees.

To learn more about, employment opportunity, click here, https://brainly.com/question/17198465

#SPJ11

over a period of time both the price and the quantity sold of a certain product have increased. one possible explanation might be that:

Answers

The most possible explanation of why both the price and the quantity sold of a certain product have increased over time could be the concept of supply and demand.

Supply and demand are two fundamental principles that govern the market, and together they determine the prices of goods and services.

Supply refers to the number of products that are available in the market to purchase while demand refers to the number of people who want to buy a particular product. When demand for a product increases and supply remains constant, the price of the product tends to rise.

On the other hand, when supply increases and demand remains the same, the price tends to decrease. When both demand and supply increase, the equilibrium price may rise, fall or remain constant. But when both price and quantity sold increases, it could be because of a shift in the demand curve or supply curve of the product, such as a change in consumers' preferences, an increase in advertising, a change in the price of related goods, a change in technology or productivity, or government regulations.

Therefore, we can conclude that an increase in both the price and quantity sold of a particular product over time might be due to the shift in demand or supply curve.

Learn more about supply curve from the given link:

https://brainly.com/question/31287919

#SPJ11

Anyone who owns bonds is subject to interest rate risk because interest rates are always changing in financial markets. The prices of bonds fluctuate with changes in interest rates, giving rise to interest rate risk. A number of relations exist between bond prices and changes in interest rates. These relations are often called the bond theorems. All of the following theorems correctly explain the relationship between interest rates and bond prices except:
Group of answer choices
The lower the coupon of a bond, the greater its interest rate risk.
The longer the maturity of a bond, the greater its interest rate risk.
If the bond yield is greater than the coupon rate, the bond sells at a premium.
When bond yields rise, bond prices fall.

Answers

Theorems correctly explain the relationship between interest rates and bond prices except "If the bond yield is greater than the coupon rate, the bond sells at a premium.

"The relationship between interest rates and bond prices is an inverse one. When interest rates rise, bond prices fall, and when interest rates fall, bond prices rise. These movements happen because higher interest rates make the bond less attractive to investors who can get higher returns on their investment elsewhere.

Similarly, if the interest rates are expected to fall, people will buy more bonds that offer a fixed rate, driving up the bond prices and lowering yields. Following are the bond theorems that explain this relationship correctly.The lower the coupon of a bond, the greater its interest rate risk.

This theorem states that the interest rate risk of a bond is inversely proportional to its coupon rate. The lower the coupon rate of the bond, the more susceptible it is to fluctuations in interest rates. Conversely, the higher the coupon rate of a bond, the lower its interest rate risk.

The longer the maturity of a bond, the greater its interest rate risk. The interest rate risk of a bond is also affected by its maturity date. Bonds that have a long maturity period, such as 30 years, are at higher risk than those that have a short maturity period, such as 5 years.When bond yields rise, bond prices fall. When the bond yields increase, the bond prices decrease. This relationship is explained by the inverse relationship between bond prices and yields. When yields go up, bond prices go down because new bonds issued by the government or corporations offer a higher yield rate and are therefore more attractive to investors.

To know more about relationship visit:

https://brainly.com/question/33265151

#SPJ11

What is the future value of $50,000 that is deposited for a duration of 5 Years at a rate of interest of 3.9% per year

Answers

The future value of $50,000 that is deposited for a duration of 5 years at a rate of interest of 3.9% per year, compounded annually is $60,210.

How to find?

Formula used:

Future value, [tex]FV = P(1 + r/n)^(nt)[/tex]

Where,n = number of compounding periods per year.

First, we will calculate the future value of $50,000 if compounded annually. Here, the number of compounding periods per year (n) is 1.

[tex]FV = P(1 + r/n)^(nt)[/tex]

FV = $50,000(1 + 3.9%/1)^(1×5)

FV = $50,000(1 + 0.039)^5

FV = $50,000 × 1.204

FV = $60,210

Therefore, the future value of $50,000 that is deposited for a duration of 5 years at a rate of interest of 3.9% per year, compounded annually is $60,210.

To know more on Interest visit:

https://brainly.com/question/30393144

#SPJ11

what technological advancements may be made to enhance the financial services offered by various banking institutions .Try to develop a technological solution to one of the problems people frequently run into when trying to invest, borrow money, get insurance, plan their retirement, or use any banking service.

Answers

With the increasing use of digitalization in the banking sector, financial institutions are becoming aware of the need for technological advancements to offer the best services to their clients. The application of technology has revolutionized the banking sector to improve its operational efficiency and increase the volume of transactions.

Banking institutions may enhance their services through the development of innovative technological solutions that focus on ensuring security, convenience, speed, and easy accessibility. One of the ways to achieve this is through the implementation of artificial intelligence and machine learning. AI and machine learning could improve customer service by ensuring that the best experience is provided at all times.

This will help them to make informed decisions that will help them improve their financial stability. Additionally, this app could also provide users with a platform to compare different banks' rates, investment opportunities, and loan packages to enable them to make the best choice.

The banking industry needs to constantly innovate to stay relevant in today's digital world. Technological advancements can enhance the financial services offered by various banking institutions, and the development of innovative solutions is necessary to ensure that customers get the best service.

To know more about operational visit :

https://brainly.com/question/30581198

#SPJ11

Annland Components applies fixed overhead at the rate of $5.32 per unit. For October, budgeted fixed overhead was $538,916. The production volume variance amounted to $6,916 favorable, and the price variance was $13,025 unfavorable.
Required:
a. What was the budgeted volume in units for October?
b. What was the actual volume of units produced in October? c. What was the actual fixed overhead incurred for October?
a. Budgeted volume
b. Actual volume
units
units
c. Actual fixed overhead

Answers

a. Budgeted volume of units for October is calculated as follows: Total budgeted fixed overhead = $538,916Fixed overhead rate per unit = $5.32Budgeted volume of units = Total budgeted fixed overhead / Fixed overhead rate per unit= $538,916 / $5.32= 101,218 units (rounded off to the nearest whole number).

Therefore, the budgeted volume of units for October was 101,218 units. b. Actual volume of units produced in October is calculated as follows: Production volume variance = Actual volume of units produced - Budgeted volume of units= $6,916 favorable

Actual volume of units produced - 101,218 units= 101,218 units + $6,916 favorable= 108,134 units Therefore, the actual volume of units produced in October was 108,134 units. c. Actual fixed overhead for October is calculated as follows:

Actual fixed overhead = Budgeted fixed overhead - Production volume variance + Price variance= $538,916 - $6,916 favorable + $13,025 unfavorable= $545,025 Therefore, the actual fixed overhead incurred for October was $545,025.

To know more about overhead visit:

https://brainly.com/question/28528644

#SPJ11

1. List 6 different styles in which food can be cooked? 2. What is the difference between shallow frying and deep frying? 3. What do you mean be sauteeing food? 4. Define stirfrying of food. 5. What is braising of meats? 6. What is the difference between boiling and steaming of food?

Answers

1. The six different styles in which food can be cooked are:

a. Boiling: Cooking food in a liquid at a high temperature.

b. Frying: Cooking food in hot oil or fat.

c. Baking: Cooking food in an oven using dry heat.

d. Roasting: Cooking food in an oven using dry heat, often with added fat.

e. Grilling: Cooking food over an open flame or hot coals.

f. Steaming: Cooking food by using steam heat.

2. The main difference between shallow frying and deep frying is the amount of oil used. Shallow frying involves cooking food in a small amount of oil, just enough to cover the bottom of the pan. Deep frying, on the other hand, requires submerging the food completely in a large amount of hot oil.

3. Sauteeing food refers to the cooking technique of quickly frying food in a small amount of oil or fat over high heat. The food is often tossed or stirred constantly to ensure even cooking.

4. Stir frying is a cooking technique where food is cooked quickly in a small amount of oil or fat over high heat. It involves stirring the ingredients constantly to ensure even cooking and to prevent burning. The food is usually cut into small, uniform pieces to facilitate quick cooking.

5. Braising is a cooking method that involves searing meat on high heat and then simmering it slowly in a liquid, such as broth or wine, at a lower temperature. This method helps tenderize tougher cuts of meat and infuses them with flavor.

6. The difference between boiling and steaming of food lies in the cooking method. Boiling involves submerging food in hot water and cooking it at a high temperature. Steaming, on the other hand, involves cooking food by exposing it to steam. The food is usually placed in a steamer basket or a perforated container above boiling water, allowing the steam to cook it. Steaming is a gentler cooking method that helps retain the nutrients and flavors in the food.

To know more about food visit:

https://brainly.com/question/32109606

#SPJ11

1. Buying groceries at the supermarket.
2. Selling a house
3. Getting married out of community of property.
4. Starting a new cellphone contract.
5. Arranging monthly instalments to pay for the car you bought from your brother.
Qustions:
What is the best form for the contract involved in this situation (written/verbal/tacit/mixed)?
What formalities are required by law for a contract in this situation?
What formalities might the one or both parties require to make the contract valid and/or enforceable?

Answers

1. Buying groceries at the supermarket - Verbal

2. Selling a house - Written

3. Getting married out of community of property - Written

4. Starting a new cellphone contract - Written

5. Arranging monthly installments to pay for the car you bought from your brother - Written

Contracts can be written, verbal, tacit, or mixed.

However, some formalities are required by law for a contract in each situation.

These include the following:

What is the best form for the contract involved in this situation (written/verbal/tacit/mixed)?

Starting a new cellphone contract, and arranging monthly installments to pay for the car you bought from your brother, the best form for the contract involved in this situation is written.

What formalities are required by law for a contract in this situation?

The following formalities are required by law for a contract in this situation:

- Both parties should have contractual capacity.

- There should be consent of both parties.- The object of the contract must be lawful and possible.

Know more about supermarket here

https://brainly.com/question/29552103

#SPJ11

If the implied volatility is less than what you expect, then you believe the option is correctly priced overvalued sentient undervalued

Answers

Implied volatility is an option pricing input that predicts the volatility of the underlying asset. If the implied volatility is lower than expected, then an option trader would assume that the option is priced correctly, or even underpriced.

Therefore, the answer to the given question is that if the implied volatility is less than what you expect, then you believe the option is correctly priced or undervalued. In options trading, implied volatility is a critical parameter.

Options traders use implied volatility to assess the potential magnitude of a stock's future price fluctuations. When options have a high implied volatility, traders expect that the stock's price would fluctuate significantly, either upwards or downwards.

Options traders take the implied volatility as an input to calculate the price of an option. A higher implied volatility results in a more expensive option price, while a lower implied volatility results in a lower option price.

.Therefore, if the implied volatility is less than what you expect, then you believe the option is correctly priced or even undervalued.

To know more about volatility visit:

https://brainly.com/question/8781864

#SPJ11

Consider an investment where $48,000 is invested for 15 years at 6% compounded continuously. How much will this investment be worth after 15 years? (Round your answer to the nearest cent.) $ What is the total amount earned in compound interest? (Round your answer to the nearest cent.) $

Answers

The total amount earned in compound interest is approximately $70,028.80.

To calculate the future value of an investment with continuous compounding, we can use the formula:

A = P × e^(rt)

Where:

A = Future value

P = Principal amount (initial investment)

e = Euler's number (approximately 2.71828)

r = Interest rate (as a decimal)

t = Time period (in years)

Principal amount (P) = $48,000

Interest rate (r) = 6% = 0.06 (as a decimal)

Time period (t) = 15 years

Using the formula, we can calculate the future value (A):

A = $48,000  × e^(0.06 × 15)

A = $48,000 × e^(0.9)

Now, let's calculate the future value:

A ≈ $48,000 × 2.4596

A ≈ $118,028.80

Therefore, the investment will be worth approximately $118,028.80 after 15 years.

To calculate the total amount earned in compound interest, we subtract the initial investment from the future value:

Total Interest = Future Value - Principal Amount

Total Interest = $118,028.80 - $48,000

Total Interest ≈ $70,028.80

Therefore, the total amount earned in compound interest is approximately $70,028.80.

Learn more about Compound interest:

brainly.com/question/28960137

#SPJ11

What problem do you think Macy’ might experience with the new organizational tructure?

What factor ugget that the new organizational

tructure may face problem?

Answers

Macy's may experience several problems with the new organizational structure. One potential issue is a lack of clarity in roles and responsibilities. With a new structure, employees may be unsure about their specific tasks and who they report to.

This can lead to confusion, duplication of efforts, and a decrease in overall productivity. To address this, Macy's should provide clear job descriptions and communication channels to ensure everyone understands their roles.

Another problem could be resistance to change from employees. When an organization undergoes a structural change, employees may feel uncertain or resistant to the new ways of working. This resistance can hinder the implementation of the new structure and slow down progress. Macy's should focus on effective change management strategies, such as clear communication, training programs, and employee involvement, to minimize resistance and help employees adapt to the changes.

Furthermore, the new organizational structure may create communication challenges. If the new structure does not facilitate effective communication across departments or levels, information may not flow smoothly, leading to misunderstandings and delays in decision-making. Macy's should consider implementing communication channels like regular team meetings, cross-functional collaboration platforms, and feedback mechanisms to ensure effective communication throughout the organization.

Additionally, the new structure may create a lack of accountability. If roles and responsibilities are not clearly defined, it can be challenging to hold individuals or teams accountable for their performance. Macy's should establish performance metrics, set clear expectations, and implement a system to track progress to maintain accountability within the organization.

In summary, potential problems that Macy's may experience with the new organizational structure include a lack of clarity in roles and responsibilities, resistance to change, communication challenges, and a lack of accountability. By addressing these issues through clear communication, change management strategies, effective communication channels, and a focus on accountability, Macy's can mitigate the potential problems and successfully transition to the new structure.

Know more about organizational structure here:

https://brainly.com/question/23967568

#SPJ11

4.3 Discuss the usefulness of utilising Kanban’s to lower the
inventory in the supply chain.

Answers

Kanban system is an approach to inventory management that aims to reduce waste by producing or purchasing only when demand is present.

The usefulness of utilizing Kanban’s to lower inventory in the supply chain is discussed below:

Decrease in inventory costs: The implementation of a Kanban system reduces the amount of inventory held.

It focuses on producing or purchasing goods only when they are needed, which leads to fewer inventory holding costs. This leads to an increase in cash flow, making the organization more efficient.

Faster production lead times: When inventory levels are decreased, lead times are shorter. This results in faster production times, which are critical for companies competing in fast-moving markets.

As a result, the Kanban system will shorten the lead time, which will allow companies to respond to changes in demand and be more competitive.

Improvement in Quality: The Kanban system promotes quality. It is critical to ensure that the correct products are produced or purchased at the right time. As a result, it can ensure that there is no surplus inventory. Therefore, it will reduce the risk of damaged or expired goods resulting in the improvement of quality.

The reduction in waste: Kanban is focused on waste elimination in a supply chain. This will be achieved by the provision of the right items in the right quantity, thus reducing waste.

The system would also promote efficiency, which can contribute to the reduction of resources utilized. Therefore, the adoption of a Kanban system will reduce waste in a supply chain.

Conclusion:By adopting Kanban, companies can improve their competitiveness and profitability. The effectiveness of the supply chain can be increased by focusing on inventory reduction, increased cash flow, and waste reduction.

As a result, the organization can be more efficient and productive.

To know more about Kanban visit:

https://brainly.com/question/30090553

#SPJ11

Write a paper starting with an introduction and then for part one, comment on your DISC style and on your top two or three Skills, Driving Forces and Motivators (refer to these sections of the assessment report). Explain what your awareness of these results means for you. What will you do differently? What do you want to improve upon or work on? Describe what you believe to be the two strongest and weakest areas of your personality, with reference to the assessment results?

Answers

Introduction DISC is a behavior assessment tool that measures the aspects of Dominance, Influence, Steadiness, and Compliance.

I recently took the DISC assessment, and the results are a clear representation of my behavior and preferences. After reviewing the assessment report, I discovered that my DISC style is predominantly Conscientiousness. I scored a high percentage in the Conscientiousness section and a moderate percentage in the Influence section.

The top two or three skills that stand out for me are my analytical skills, communication skills, and teamwork skills. My Driving Forces are characterized by my need for knowledge and competence. I am also highly motivated by a sense of purpose and a desire for personal growth.

After reviewing the assessment results, I am aware that I have a strong need to maintain high standards in my work, and I am focused on achieving my goals. I am also aware that I need to work on my communication skills to enhance my ability to connect with others.What will I do differently?The awareness of my DISC style and assessment results has enabled me to identify my strengths and weaknesses.

To know more about Steadiness visit:

https://brainly.com/question/31274317

#SPJ11

________ is a metric used to assess the impact of an online ad. a) churn rate b) error rate c) click-through rate d) pagerank

Answers

c) click-through rate A metric is a quantifiable measurement used to assess performance, effectiveness, or impact in various fields, including business, marketing, and analytics.

A metric is a quantifiable measurement used to assess performance, effectiveness, or impact in various fields, including business, marketing, and analytics. Metrics provide objective data and insights that help evaluate progress towards goals, track performance over time, and make informed decisions. They can range from simple counts and ratios to more complex calculations and statistical indicators. Metrics serve as valuable tools for monitoring, analyzing, and optimizing processes, strategies, and outcomes. By selecting and analyzing the right metrics, organizations can gain valuable insights into their performance, identify areas for improvement, and make data-driven decisions to drive success and achieve desired outcomes.

Learn more about metric here:

https://brainly.com/question/32495545

#SPJ11

Consider a stock that has a 17% return with probability 46%, and a return of -24% otherwise. Assume that your initial wealth level is 10, and that you invest that entire wealth in the stock. The utility you derive from your terminal wealth is given by the function .
u ( x ) = x . Thus, the expected utility from your terminal wealth is (rounded to four digits)

Answers

Given information:A stock that has a 17% return with probability 46%.A return of -24% otherwise.The initial wealth level is 10.Utility function is u(x) = x, where x is the terminal wealth.Equation of expected utility:

Expected utility is the weighted sum of all possible outcomes of an event where the weights are the probabilities of each outcome. Hence, the equation of expected utility is given by:E(u) = (p₁u(x₁)) + (p₂u(x₂))Where,p₁ and p₂ are the probabilities of outcomes x₁ and x₂ respectively. u(x₁) and u(x₂) are the utility functions of outcomes x₁ and x₂ respectively.Let's calculate the expected utility from the given data:Here, there are two possible outcomes:x₁ = 10 + (10*17%) = 11.7x₂ = 10 + (10*-24%) = 7.6p₁ = 0.46p₂ = 1-0.46 = 0.54

Expected utility E(u) = (p₁u(x₁)) + (p₂u(x₂))= (0.46*11.7) + (0.54*7.6)= 5.382 + 4.104= 9.486 This implies that the expected utility from the terminal wealth is 9.486. Therefore, the answer is 9.486.

To know more about possible visit :

https://brainly.com/question/32730510

#SPJ11

Messman Manufacturing will issue common stock to the public for $30. The expected dividend and the growth in dividends are $2.75 per share and 6%, respectively. If the flotation cost is 16% of the issue's gross proceeds, what is the cost of external equity, re? Round your answer to two decimal places

Answers

In order to determine the cost of external equity, the following formula is used Cost of external equity:

Re = (D1 / (P0 - F)) + g

where,

D1 = expected dividend = $2.75P0 = the market price of the stock = $30F = flotation cost = 16% of $30 = $4.8g = growth rate of dividends = 6%

Substitute the given values in the above formula,

Re = ($2.75 / ($30 - $4.8)) + 6%Re = ($2.75 / $25.2) + 6%Re = 10.9127%

Rounded off to two decimal places,

Re = 10.91%

the cost of external equity is 10.91%.

Explanation:

: Re = (D1 / (P0 - F)) + g

Here,

D1 is the expected dividend and g is the growth rate of dividends.

P0 is the market price of the stock and F is the flotation cost.

The given values are:D1 = $2.75P0 = $30F = 16% of $30 = $4.8g = 6%

Substituting the values in the formula,

Re = ($2.75 / ($30 - $4.8)) + 6%Re = ($2.75 / $25.2) + 6%Re = 10.9127%

Rounded off to two decimal places,

Re = 10.91%.

the cost of external equity is 10.91%.

To know more about external visit:

https://brainly.com/question/24233609

#SPJ11

Other Questions
the successful implementation for change only happens when people accept the need for change and believe that it will improve factors such as productivity and/or customer satisfaction. a) true b) false Multiple sclerosis (MS) involves an immune-mediated process in which an abnormal response of the bodys immune system is directed against the central nervous system (CNS) (i.e. the brain, spinal cord, and optic nerve). A hallmark of MS are lesions within CNS tissues that increase with volume over the lifetime of the patient or model animal. Mesenchymal stem cells (MSCs) have the ability to produce immunomodulatory factors that can alter the immune response in multiple tissues and are currently being investigated for their therapeutic efficacy in treating MS. In a mouse model of MS, a single MSC treatment can reduce the volume of MS lesions by 50% over the course of several months. Based on this study, researchers believe similar treatments can work in human patients.You have been contracted to design a clincal trial for an MSC treatment of MS in partnership with the Mayo Clinic. Mayo has 2,558 patients under their care diagnosed with "mid stage MS" being treated with the current standard of care. The basis of diagnosing MS in these patients and monitoring disease progression is by imaging CNS lesions with MRI. Mid stage MS is defined as having a total lesion volume from 25-100 mm3 in the brain. In the proposed trial, patients will be given a single MSC infusion of 10M cells. Over the course of a year doctors will monitor lesion volume.H0: 1=2colab codinga) Generate a histogram marking the mean and the limits of out to a 95% probability. Include labeled axes and a figure legend denoting mu, sigma and n.b) How would you describe these data? Generate a box plot showing the mean and the median. Include both values in the plot legend.c) As a compromise, the board has asked you to reduce outliers by only considering the inner 90% of all patients for the trial. What would the range of minimum and maximum lesion volumes be using only these patients?d) Plot distribution of the MEAN with lines showing the STANDARD ERROR and include the standard error value in a figure legend.f) Consider the means of the original data and your new measurements. Does the mean of the original data fall within the 90% confidence interval of your new dataset? Show a PDF of the new mean distribution, the 90% confidence intervals and the original mean. Determine the decimal and hexadecimal values of the following unsigned numbers: a. 111011 b. 11100000 Questions 36 (10 marks) A closed economy is currently in its long-run equilibrium. Recently, there is advancement in payment technology such that households have more options to make payments and the importance of money being a medium of exchange falls. Note: Be sure to show the shift(s) of curve(s) and identify the new equilibriums in the diagram below. a) What happens to the short-run equilibrium levels of output and price? Explain. (5 points) b) What happens to the long-run equilibrium levels of output and price? Explain. (5 points) Strengthening the Dominant ImpressionRead "The Late Night Place to Be" below. State what the author wants the dominant impression to be, and then underline any words that you think detract from that dominant impression.Write out the dominant impression for "The Late Night Place to Be":Underline the details that distract from the dominant impression. (Instructors hint: You will find these distracting details clustered together as three contiguous sentences.)The Late Night Place to BeI like being part of all the action in the gym, especially late at night. The bright lights of the place shine through plate glass windows, illuminating the parking lot as I arrive at 1:00 a.m. After checking in, I head to the mezzanine on the left side of the gym, next to the cardiovascular area. As I walk upstairs, I can identify the sounds of the room. I hear the heavy breathing of the sweaty runners as their feet pound strongly against the treadmills, which are lined up against the back wall. The room is carpeted in dark pink and is full of cardiovascular equipment such as NordicTracks, stair steppers, and stationary bicycles, and most of the machines are, surprisingly, in use. The carpet feels good on my feet after a hard night working in the restaurant, and I wonder if the other people here appreciate it too. Management has kept the gym neat: the walls are freshly painted, the mirrors clean, and all the resistance machines look practically new. The fresh look improves my attitude and makes it somehow easier for me to work out harder. Although there are plenty of people, the place doesnt look crowded, but it is noisy. The beeping sound from various machines marks people getting on and off and setting different resistance levels. Looking down to the main area of the gym, across from the reception desk, I can see two girls talking and hear part of their conservation as they work out. Near the back wall about 60 feet away from the reception desk, three men are working with free weights. I can hear the clink and clank of the metal weights as they lay them down. Although it might seem strange to some that all this activity is going on so late at night, to me, and maybe the rest of the people in the gym, this is the best way to relax at the end of a long day. Dont know the answer and dont understand Multiple Choice Debit Cash $9,690; credit Interest Revenue $190; credit Notes Recelvable $9.500. Debit Notes Payable $9,500; credit Cash $9,500. Debit Notes Payable $9,500; credit Interest Expense $190; credit Cash $9,310. Debit Notes Payable $9,500; debit Interest Expense $190; credit Cash $9,690. Debit Notes Payable $9,690; credit Cash $9,690. Form Setup a. You must save your project using your initials in the name** This is required and the project will not be accepted otherwise. b. Design your screen to look like the one below. c. Update the backcolor to the color of your choice. d. Use appropriate naming conventions for controls and variables. i. Txt for textbox ii. Lbl for label iii. Frm for form iv. Lst for listbox e. Tab Control must flow in order from number of hours, lstmissions, Hours, Close. f. All buttons have access keys g. Lock the controls on your form. h. The list box to display the donations must be cleared before written to. i. The amounts will be stored in labels with borders. 2. Code a. Create a comment section at the beginning of the code with the name of the assignment, purpose of the assignment, and your name. Comments must be throughout each sub of the application. b. Remove any subs that are not utilized by the program c. A string array will be created to hold the 5 types of mission entry points. 3. Form Load a. Clear the donation listbox b. Load the mission list array into the listbox c. Display the current Date for the donations d. Display your name 4. Add Donation Button a. The information that was entered should be checked to make sure there are values entered. If the user entry contains null values, the user should be so advised, and the user should be directed to the text box that contains the error. Make sure your error messages are meaningful. b. A static one-dimensional array to hold 4 values is created to hold the number of hours. c. Add the number of hours value into the array in the appropriate place holder based on the selected index d. Display all hour totals in the corresponding labels e. Utilize an input box to get the name from the user. f. Call a function to return just the last name g. Display the name and the amount donated in the listbox which displays a running total of the amounts entered. h. After the display, clear the selected index of the donation listbox, and amount text box. i. Make sure all spacing is accurate 5. Proper Order Function a. Receives the name b. Uses the substring method to parse out the last name c. Returns the last name 6. Close Button a. The application quits when the button is pressed how to find the attributes Attributes x010 Attributes x030 Attributes x080 on the $MFT File Make an abstract class called Shape. It will have two private attributes called shapeName and shapeColor of type String. Must have default and parameter constructor. Do getter and setter for attributes. Make an abstract method called area that will return a double and another called askNumbers of type void. The required reserve ratio is 10 percent, a bank has checkable deposits of $200 million and excess reserves of $100 million. Assuming the bank is meeting its reserve requirement, what amount is the bank holding in reserves? 2. If checkable deposits are $100 million and the required reserve ratio is 7 percent, then what do required reserves equal? 3. Checkable deposits are $50 million, and required reserves are $4 million. What is the required reserve ratio? 4. The required reserve ratio is 9 percent, required reserves are $10 million, and (total) reserves are $50 million. How much do excess reserves equal? How much do checkable deposits equal? 5. A bank currently has $100 million checkable deposits, $4 million in reserves, and $8 million in securities. If the required reserve ratio is 10 percent, is the bank meeting its legal reserve requirements? Explain. 6. If checkable deposits are $20 million and the required reserve ratio is 15 percent, how much do required reserves equal? 7. If excess reserves are $2 million and required reserves are $22 million, then how much do reserves equal? The functions shown to be recursive in class are: FunctionComposition, Multiplication and Exponentiation, Predecessor,Limited Subtraction (Monus), Zero Test, Signature, Absolutedifference, and Min Give the formal primitive recursive definitions of the following functions using only the initial functions and the functions shown to be recursive in class. (c) Identity relation =(x, y)=1 if \ 1. Suppose the demand curve for a product is given by Q=3002P+4I, where I is average income measured in thousands of dollars. The supply curve is Q=3P50. a. If I=25, find the market-clearing price and quantity for the product. b. If I=50, find the market-clearing price and quantity for the product. c. Draw a graph to illustrate your answers. Now that you have studied the translations of linear function, let's apply that concept to a function that is not linear. Zach cycled a total of 10.53 kilometers by making 9 trips to work. After 36 trips to work, how many kilometers will Zach have cycled in total? Solve using unit rates. Write your answer as a decimal or Use permutations, combinations, the fundamental counting principle, or other counting methods, as appropriate. In how many ways can a class of seventeen students be divided into three sets so that four students are in the first set, five students are in the second, and eight are in the third? Indicate the data type that will be returned by function c. def c(x,y): #where x and y can both be ints or floats return x>y a. None b. int c. int or float d. float e. bool How many protons and neutrons are present in an atom of 3272Ge? Express your answers as integers separated by a comma. protons, neutrons You have already submitted this answer. Enter a new answer. No credit lost. Try again. Consider the functionf(x, y, z) =z i+y cos(x) j +y sin (x) ka) Describe the curve obtained when we make y=2 and z=2b) Represent on this curve the partial derivative f/x at the point P( /2 ,1,2) A couple just had a baby. How much should they invest now at 5.6% compounded daily in order to have $50,000 for the child's education 18 years from now? Compute the answer to the nearest dollar. (Assume a 365 -day year.)