companies must follow gaap (or international financial reporting standards, ifrs, in the case of companies headquartered in many countries outside of the united states) in their

Answers

Answer 1

When assembling their financial accounts, American public firms' accountants are required to adhere to the GAAP.

What is a financial account?

A financial account, specifically one that contains financial asset claims or liabilities to nonresidents, is a part of a country's balance of payments in macroeconomics. Direct investment, portfolio investment, and reserve assets broken down by sector are all parts of financial account. Liabilities incurred by nonresidents against resident financial assets are reflected in the country's balance of payments as assets rather than liabilities, and vice versa. In contrast to the capital account, which tracks transfers of capital assets, the financial account does not. Capital account transactions have little bearing on a nation's level of production, rate of savings, or overall income. The country's current trade balance is reflected in the current account, which also accounts for direct payments, net income, and import and export of commodities and services.

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Related Questions

A certificate of deposit often charges a penalty for withdrawing funds before the maturity date. If the penalty involves three months of interest, what would be the amount for early withdrawal on a CD paying 7 percent and valued at $23.000? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Early withdrawal penalty

Answers

The amount for early withdrawal on a CD paying 7 per cent is $268.33

Rate of withdrawal = 7%

Value of Certificate of deposit = $23.000

Among the depositors and the approved bank or financial institution, a CD is an agreement. This arrangement is for a set amount of time and money to invest, and the financial institution will pay interest during that time.

Calculating the annual interest -

Annual interest = Annual interest rate × Investment

Substituting the values

= 0.07 × 23,000

= 1,610

Now as there is a penalty of two months of interest,

Therefore -

= (2 / 12) × Annual interest

= (2 / 12) × $3,780

= 3220/12

= 268.33

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the invested capital (in millions of dollars). find p(105, 45) and interpret it. (round your answers to one decima

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The invested capital is $25 million, which is rounded to one decimal.

What is invested capital?

The total amount of money a company raises by issuing bonds to bondholders and equity to equity shareholders, along with the total amount of debt and capital lease obligations, is what is referred to as invested capital. This amount is then added to the amount of equity issued to investors.

Net investment = Gross investment - depreciation.

Net investment = Investment at the beginning of the year -Investment at the end of the year.

Net investment = $105 million -$100 million.

Net investment = $5million

Depreciation = 20% of investment at start of the year

= 20% of 100million

= $20million

Gross investment is

$5million + $20million

=$25 million

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A payment method in which providers are paid for each individual enrolled in a plan, regardless of whether the person sees the provider that month, is called a ______planO fee-for-serviceO capitation planO encounterO barter system

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A payment method in which providers are paid for each individual enrolled in a plan, regardless of whether the person sees the provider that month, is called a barter system plan.

Which type of compensation gives medical professionals a set payment for a service, regardless of the cost incurred?

Regardless of the level of care received or expenses incurred, per diem payments provide a set sum every day of hospital or residential care.

What is the name of the method of money that a doctor receives for each medical service?

Doctors, hospitals, and medical practices bill separately for each service they provide under the fee-for-service (FFS) payment model.

What method of payment does the insurance use when both the technical and professional fees are paid to the provider?

Capitation payments are used by health insurance companies to reduce healthcare expenditures.

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a. all of the farmers have their prices posted prominently in front of their stalls. multiple choice 1 participants are price takers full information no transaction costs standardized good b. cucumbers are the same price at each stall. multiple choice 2 no transaction costs participants are price takers standardized good full information c. there is no difficulty moving around between stalls as you shop and choosing between farmers. multiple choice 3 participants are price takers no transaction costs full information standardized good d. you and the other customers all seem indifferent about which cucumbers to buy. multiple choice 4 participants are price takers full information standardized good no transaction costs

Answers

The characteristic of competitive markets the statement describes

full informationparticipants are price-takersno transaction costsstandardized goodWhat is transaction cost?Expenses incurred during market exchange are referred to as transaction costs. Costs associated with establishing market prices and creating and upholding contracts are some examples. A transaction cost is a cost associated with engaging in any economic deal when participating in a market, according to economics and disciplines that are connected. Oliver E. Williamson describes transaction costs as the expenses associated with maintaining a business-based economic system. In contrast to production costs, decision-makers choose a company's strategy by comparing transaction costs and production costs. The complete price of making a transaction, including planning, decision-making, altering plans, settling disagreements, and after-sales charges, is known as the transaction cost. As a result, one of the most crucial elements in the management and operation of a corporation is the transaction cost.

The complete question is,

Consider shopping for cucumbers in a farmers' market. For each statement below, note which characteristic of competitive markets the statement describes. Choose from: standardized good, full information, no transaction costs, and participants are price takers.

a. All of the farmers have their prices posted prominently in front of their stalls.

b. Cucumbers are the same price at each stall.

c. There is no difficulty moving around between stalls as you shop and choosing between farmers.

d. You and the other customers all seem indifferent about which cucumbers to buy.

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After firms have completed the_____, they are better able to make informed decisions about a potential country market.a. global entry strategyb. marketing mixc. market assessmentd. marketing strategy

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Firms are better able to decide about a possible country market after completing the market assessment.

A market evaluation is a thorough research of the competitors, clients, and other industry stakeholders of your organisation. A market analysis, a critical part of your company's documentation, enables your organisation to understand the need and demand for its product offerings on the market. It provides details on the market's potential, its level of competition, its growth factors and roadblocks, its cost structure, its distribution methods, its market trends, and its consumer preferences. Market research, also called "marketing research," is the practise of determining the potential of a new service or item by direct customer research. With the aid of market research, a company may pinpoint its ideal clientele and gather feedback from customers about their fascination with the product or service.

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consider the market for pizza. graphically illustrate the impact on equilibrium price and quantity for each of the following scenarios. instructions: drag the appropriate line in the correct direction to show the effect on equilibrium price and equilibrium quantity. a. the price of hamburgers (a substitute for pizza) increases. this will: multiple choice 1 decrease equilibrium quantity and increase equilibrium price. decrease equilibrium quantity and decrease equilibrium price. increase equilibrium quantity and decrease equilibrium price. increase equilibrium quantity and increase equilibrium price. b. people prefer to eat pizza instead of hamburgers. this will: multiple choice 2 increase equilibrium quantity and increase equilibrium price. decrease equilibrium quantity and decrease equilibrium price. increase equilibrium quantity and decrease equilibrium price. decrease equilibrium quantity and increase equilibrium price.

Answers

The equilibrium price of Blu-ray players would rise together with the demand for the format.

Products that are consumed together are called complement items. Demand would rise if LCDs' prices dropped. The law of supply and demand is adhered to here. The law of demand states that as price decreases, quantity demanded increases and as price increases, quantity demanded decreases. The demand for Blu-ray will rise if the demand for LCD rises. A rise in price would result from an increase in demand. The equilibrium quantity will rise as you increase. The demand for LCD televisions will increase when the cost of a substitute increases because they become more affordable than the substitute. As a result, the quantity will increase and the demand curve will move outward. The amount supplied will increase together with the equilibrium price as a result of the outward shift.

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QUESTION WITH SAMPLE ANSWER: Copyright Infringement.
In which of the following situations would a court likely hold Ursula liable for copyright infringement?
(a) Ursula goes to the library and photocopies ten pages from a scholarly journal relating to a topic on which she is writing a term paper.
(b) Ursula makes blouses, dresses, and other clothes and sells them in her small shop. She advertises some of the outfits as Guest items, hoping that customers might mistakenly assume that they were made by Guess, the well-known clothing manufacturer.
(c) Ursula teaches Latin American history at a small university. She has a digital video recorder and frequently records television programs relating to Latin America and puts them on DVDs. She then takes the DVDs to her classroom so that her students can watch them.

Answers

Which of the following scenarios would most likely result in a judge finding Ursula responsible for copyright infringement Ursula visits the library and makes ten photocopies.

Is most likely correct?

Most likely denotes that this option is the most likely out of all the alternatives. For instance, it is more likely that he is the guilty party than not, and vice versa. Most of something being something that is likely and some of it being something that is unlikely. Likely is frequently referred to as an adjective that appears to be an adverb but is also one.

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Which of the following scenarios would most likely result in a judge finding Ursula responsible for copyright infringement Ursula visits the library and makes ten photocopies.

Is most likely correct?

Most likely denotes that this option is the most likely out of all the alternatives. For instance, it is more likely that he is the guilty party than not, and vice versa. Most of something being something that is likely and some of it being something that is unlikely. Likely is frequently referred to as an adjective that appears to be an adverb but is also one.

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this function helps you find the percentage return that an investor will earn from a security that pays interest.

Answers

The rate of return (RoR) is a tool for calculating the long-term profit or loss of an investment.

What purpose does ROI serve?

Return on investment (ROI) is a performance metric used to assess an investment's effectiveness or profitability or to compare the effectiveness of several investments. ROI aims to quantify the amount of return on a specific investment in relation to the cost of the investment.

How can I calculate the return on investment?

Return on investment (ROI) is a rough indicator of how profitable an investment is. ROI is determined by deducting the investment's original cost from its end value, dividing the result by the investment's cost, and then multiplying the result by 100.

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the teacher/coach must maintain accurate and complete financial records and operate within established school district guidelines in terms of fund raising.TrueFalse

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It is unquestionably true that the teacher or coach must keep thorough and accurate financial records, as well as follow any established fundraising regulations set forth by the school system.

You receive reports from the school detailing how your child is progressing academically and what the institution is doing to support him. You might be aware that you should retain a file of those records. However, did you realise that other documents, both formal and informal, are crucial to save for future use?

You may be able to spot trends and patterns over time if you keep track of all of your child's academic data. When discussing the tools your child needs to succeed in school, the records you keep can offer specifics and verification. What kinds of records should you preserve, and why?

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1) Competition from companies such as BMW,
Hyundai, and Honda is a part of Ford Motor
Company's business environment.
a
b
с
d
e
domestic
political-legal
global
sociocultural
economic

Answers

I am not really sure what the question is but I had a similar business problem and the right answer was GLOBAL.

I hope this helps have an excellent day!

rico's most controversial section allows private individuals to recover treble damages and attorney's fees for injuries caused by a statutory violation. identify the irrelevant statement.

Answers

Treble damages is a term that indicates a statute exists to award a prevailing plaintiff up to three times actual or compensatory damages.

What Are Treble Damages?

One kind of civil damages given in civil court disputes is treble damages. These are monetary awards that the successful plaintiff must pay to the losing defendant.

Civil damages might be general, punitive, compensatory, or any combination of these. There are laws that allow judges to impose triple damages in cases of patent infringement, deliberate trademark piracy, and antitrust crimes.

Treble damages may also be awarded to plaintiffs in personal injury cases if the statute that was broken allows for them, if the plaintiff asks for them, and if the defendant meant to harm the plaintiff. Treble damages, which are three times the compensatory damages granted, are meant to be punitive in order to dissuade others from committing the same conduct.

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Hyatt group of hotels announces a new marketing program that features excursions and social events for teenagers. which of the following demographic descriptors is reflected in this case?

Answers

Age is the demographic descriptors is reflected in this case, thus option D is correct.

What is marketing programs?

The marketing programme is a method of conceptualising the total scope of our marketing efforts for the entire company. This is broken down by our specific products or product families. Products that share a similar quality or brand may occasionally cluster together.

A marketing plan can also be part of a larger business plan. To achieve its goals, a well-written marketing plan must be built on a solid foundation of marketing strategy. A marketing strategy may include a list of tasks, but it is useless without a solid strategic foundation.

The 5 P's of marketing are a framework that helps guide marketing strategies and keeps marketers focused on the right things.

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Completed question :

Hyatt group of hotels announces a new marketing program that features excursions and social events for teenagers. which of the following demographic descriptors is reflected in this case?

A. Sex.

B. Household life cycle.

C. Education.

D. Age.

E. Income.

All of the following are part of the FASB conceptual framework: (Select all that apply).
A,Multiple select question.
B,Elements
C, Objectives
D, Recognition and measurement
E, Assumptions
f. Principles
g. Qualitative characteristics

Answers

All of the following are part of the FASB conceptual framework: Recognition and measurement, Objectives, Elements, Qualitative characteristics.

The Conceptual Framework is a collection of interconnected goals and tenets, sometimes known as "Concept Statements." The basics are the underlying ideas that support the achievement of the objectives, which are aims and purposes of financial reporting that are identified by the objectives. The project's goal is to provide a solid framework for principles-based, internally consistent, and globally convergent accounting standards in the future. A Statement of Financial Accounting Concepts does not create or alter commonly accepted accounting principles and is not official. Financial statement items and presentation are two crucial aspects of financial reporting that the new chapters of the FASB's Conceptual Framework address, according to FASB Chair Richard R.

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which of these items should real estate professionals help first-time buyers and buyers who have experienced recent credit issues to understand?

Answers

Knowing who is eligible for these programmes and the advantages they offer should come naturally to you as a real estate agent. For

In India, how is the word "programme" spelled?

The word "programme" is spelled differently in British English, and both words refer to an agenda or framework in a specific order, like a theater's schedule. Since the 20th century, "programme" has also been used to refer to computer code; in this instance, the spellings in both the British and American English are the same.

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18. An appliance manufacturer has two factories located around the world, each with
its own capacity:
• F1 can make 8 appliances per day.
• F2 can make 10 per day.
The factories can deliver to two different distribution centers. Every day each
distribution center must receive 9 appliances each.
The cost to deliver appliances from each factory to each distribution center is
listed in the table below:
Distribution Center 1 Distribution Center 2
$3
$3
F1 $4
F2 $8
Using the factory production constraints and the delivery costs in the above
matrix, what is the lowest cost to deliver all 18 appliances to the distribution
centers?

Answers

These businesses use a disciplined process to identify the needs and wants of their customers and translate those needs and wants into precise product designs and production plans that will result in products that meet the needs of the customers. It is known as Quality Function Deployment, the method or instrument they are utilizing (QFD).

What is Quality Function Deployment (QFD)?A procedure and collection of tools called Quality Function Deployment (QFD) are used to precisely identify client requirements, translate them into comprehensive technical specifications, and then use those specifications and plans to manufacture the goods that satisfy those criteria. With the use of QFD, customer needs (or VOC) are transformed into quantifiable design targets that are then driven from the assembly level all the way down to the level of the subassembly, component, and manufacturing process. To help with this evolution, the QFD technique offers a predetermined set of matrices.While employed by Mitsubishi's shipyard in the late 1960s, Yoji Akao created QFD for the first time in Japan. Later, it was adopted by other businesses, notably Toyota and its supply chain. The major three automakers and a few electronics manufacturers were primarily responsible for the introduction of QFD in the United States in the early 1980s. The adoption and expansion of QFD in the US was initially somewhat sluggish, but it has subsequently gained popularity and is now employed in manufacturing, healthcare, and service organizations.

The Complete Question is  Quality Function Deployment.

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The economic activities described in the passage contributed most directly to which of the following?
a. The emergence of the first truly global exchange networks
b. The Beginning of the process of industrialization
c. The establishment of the first chartered and limited-liability commercial companies
d. The rapid growth of China's population under the Song and Ming dynasties

Answers

The economic activities described in the passage contributed most directly to the emergence of the first truly global exchange networks.

The economic activities described in the passage contributed most directly to the emergence of the first truly global exchange networks. The passage mentions the development of new technologies, such as the compass and paper money, which allowed for the expansion of trade networks and the growth of international commerce. This led to the emergence of the first truly global exchange networks, which connected different parts of the world and allowed for the exchange of goods and services. Global Exchange's objectives include raising public awareness of injustice. They advocate for a shift from a profit-driven global economy to what it calls "people-oriented local economies," which ostensibly protect workers' and nature's rights.

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Carolyn imagines that if she leaves her employees unsupervised for even a few minutes, they will do nothing but slack off. She is known for the harsh criticism and punishment she disburses whenever an employee makes an error. Carolyn is a __________ manager.

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Carolyn imagines that if she leaves her employees unsupervised for even a few minutes, they will do nothing but slack off. She is known for the harsh criticism and punishment she disburses whenever an employee makes an error. Carolyn is a Theory X manager.

Theory X managers frequently have a gloomy outlook on their workforce, assuming that they are naturally disengaged and disliking of their jobs.

People are frequently motivated using a "carrot and stick" strategy, which can lead to repetitious work in firms run in this way. To manage and "keep eyes" on employees, performance evaluations and compensation are frequently based on observable outcomes, like as sales numbers or product output.

According to this managerial approach, employees:

Dislike their jobs.Avoid taking on responsibility and require regular guidance.To perform, one must be threatened, coerced, and controlled.Every step needs to be closely watched.lack drive and motivation, thus they require prizes to motivate them to work toward their goals.

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how to compete on a business level is defined by the variables value and cost. together they define the .

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How to compete on a business level is defined by the variables value and cost. together they define the economic value.

What is economic value?

A person's assessment of an economic good's value is based on the benefits they stand to get from it. It is frequently estimated using the person's willingness to pay for the good, which is typically expressed in monetary units. Economic value is a way to quantify the benefit that a good or service brings to an economic agent. The question of "what is the maximum amount of money a certain actor is willing and able to pay for the good or service" arises since it is typically quantified in terms of units of money.

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What is meant by non-profit making cancers?

Answers

NPO funding by cancer type is not proportionate with individual cancer burden on society. Disease stigma negatively impacts funding.

 non-profit organization is a group organized for purposes other than generating profit and in which no part of the organization's income is distributed to its members, directors, or officers.

dentifying cash and non-operating assets is crucial when valuing a company. which of the following is considered cash and/or a non-operating asset? select all that apply.

Answers

Assets that are not essential to a company's day-to-day operations but nonetheless have the potential to generate revenue are referred to as non-operating assets.

which of the following is considered cash and/or a non-operating asset? select all that apply.

Non-operating assets are assets that are not considered to be part of a company's core operations.

Option C is correct.

Why is it necessary to distinguish between assets that are operating and those that are not?

A common component of a company's resources are assets that are not in use. You can prepare for a successful business career by understanding the distinctions between operating assets and non-operating assets. Being familiar with these kinds of assets can also help you effectively conduct business analyses.

What is meant by the term "non-operating asset"?

Assets that aren't part of a company's core operations are called non-operating assets. Land that is not being used, spare parts, investment securities, and other similar items are examples of non-operating assets. A company's non-operating income includes income from assets that are not in use.

Question incomplete:

Identifying cash and non-operating assets is crucial when valuing a company. which of the following is considered cash and/or a non-operating asset? select all that apply.

A. expenses that are recorded in the income statement

B. financing the day-to-day operations of the company

C. Non-operating assets are assets that are not considered to be part of a company's core operations.

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Develop a summary of the mission and corporate culture of these two retailers (Walmart vs Target). Note a corporate culture reflects the core values, norms, and behaviors that reflect how it behaves toward employees, customers, and suppliers.

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The mission statement outlines a company's business, goals, and strategy for achieving those goals. The vision statement defines the organization's desired future position.

What is Mission and Vision of a company ?

The mission statement summarises a company's business, goals, and strategy for achieving those goals. The vision statement outlines the organization's desired future position.

The company's goals, ambitions, and values are frequently stated by combining elements from the mission and vision statements. Target's mission is to provide surprises, fun, convenience, and inspiration at every turn, regardless of when, where, or how you shop.

Joining Target entails promoting a climate of respect and caring for one another while working to have the most significant and beneficial impact. Helping all families experience the joy of everyday life is instilled in who we are; it is how the entire Target team cares, grows, and triumphs as a unit.

Walmart's mission is to make the world a better place by improving human welfare, regenerating the environment, and building flourishing, resilient communities. For us, this means working to improve communities, increase diversity, fairness, and inclusion, and build a more sustainable future.

At Walmart, culture is at the heart of everything we do. Culture is how we live out our ideals. It's how we provide excellent customer service, foster a positive work environment for our front-line employees, and improve performance in order to achieve our shared goal of helping people save money so they can live better lives.

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Fine Cuts has been manufacturing excellent cutlery for over 50 years. Management wants to hang a banner in the production facility with their mission statement. Which of the following statements would be on that banner?
Multiple Choice
a. "Over the next 10 years, we will be the top seller of cutlery worldwide and be known for our customer service."
b. "We hope to be the best, by being the best."
c. "We want to be the number one knife seller that all customers turn to when they think of buying a knife."
d. "We will always provide the highest-quality cutlery at the lowest cost to our customers and always give honest, winning customer service, thereby earning a fair profit for our stakeholders."

Answers

The statement of Option D could be on that banner so Option D would be the correct answer.

On the banner, the following promise would be written: "We will always offer our clients the highest-quality cutlery at the lowest cost, and we will always provide them with honest, excellent customer service, resulting in a fair profit for our stakeholders."

It is the most appropriate mission statement for fine cuts because it places greater attention on the current situation while providing an operational action plan and a path forward to achieve the organisation's goals.

Customer service is providing clients with immediate support whenever they need it via the channel of their choosing, including phone, email, or text.

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an accord, by itself, does not discharge the original contract. the accord the original contract until the accord is performed, i.e., satisfaction. group of answer choices rescinds novates suspends cancels

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A CODA-approved dental school graduate is required to pass both a national evaluation and a state-based clinical exam.

Programs for dental education and training are accredited by the Commission on Dental Accreditation (CODA). Both dental schools and dentistry programs may be accredited by this organization (Commission on Dental Accreditation). In conclusion, a dentist who earned their degree from a dental school recognized by the CODA must pass both a national exam and a clinical examination based on state regulations. A CODA-approved dental school graduate is required to pass both a national evaluation and a state-based clinical exam. The American Dental Association's objective is to encourage the success of dentists and the improvement of public health across the country. Integrity, excellence, and a commitment to providing individuals with evidence-based insights that enable them to offer high-quality dental care for all patients.

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Match the term on the left with its definition on the right related to present and future value concepts.
1. Annuity
2. Interest
3. Future Value
4. Present Value
1. A series of equal payments occurring at equal intervals
2. A borrower's payment to the owner of an asset for its use
3. The value of present-day assets at a future date
4. The value of future-day assets today

Answers

1. A series of equal payments occurring at equal intervals

2. A borrower's payment to the owner of an asset for its use

3. The value of present-day assets at a future date

4. The value of future-day assets today

What is Annuity?

A contract between you and an insurance provider known as an annuity obligates the insurer to pay you payments either now or in the future. An annuity can be purchased with one payment or several installments.

An annuity is a series of regular payments made in the investment world. Regular contributions to a savings account, regular mortgage payments, regular insurance payments, and pension payments are all examples of annuities. The periodicity of payment dates can be used to categorize annuities.

A future sum of money or stream of cash flows' present value (PV), assuming a given rate of return, is their current value. Future value is converted to present value by using either a discount rate or the interest rate that would be earned if an investment were made.

1. A series of equal payments occurring at equal intervals

2. A borrower's payment to the owner of an asset for its use

3. The value of present-day assets at a future date

4. The value of future-day assets today

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fill in thee blank. __ is an economic concept that describes the existence of high start-up costs and other marketing-based obstacles that prevent new competition from easily entering existing markets.

Answers

Barriers to entry is the economic concept that describes the existence of high start-up costs and other marketing-based obstacles that prevent new competition from easily entering existing markets.

The high cost or other form of barrier that hinders a company startup from entering a market and competing with other firms is referred to as a barrier to entry. Entry barriers are commonly studied in economics and general market research. Government rules, the requirement for permits, and having to compete with a giant organization as a small business beginning can all be barriers to entry. While there is no commonly acknowledged list of entrance obstacles, they often fall into three groups. Because the playing field is not fair and competition is limited, entrance barriers can have a detrimental impact on costs. Except for the enormous corporation that owns the monopoly, it is hardly an ideal condition. While entry barriers make it harder for new entrants to gain market share, many incumbent enterprises see them as a competitive advantage.

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As you move down the production possibility frontier, the absolute value of the marginal rate of
transformation
A) increases.
B) decreases.
C) initially increases, then decreases.
D) initially decreases, then increases

Answers

As you move down the production possibility frontier, the absolute value of the marginal rate of transformation increases that is option A is correct.

Within business, it is often seen that some goods are used at once in the production of different goods. The different goods that are produced from the other goods are more productive and efficient than the goods that are used to produce them. Marginal Rate of Transformation is the term that is used to describe the number of units of a particular good that are used in the processing of one unit of a different good. When we use the Marginal rate of transformation then the other factors of production and the technology used in the production are kept constant. The marginal rate of transformation increases as we move down the production possibility frontier.

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As firms make greater use of empowerment and teams, managers will find that they : 1. should use the same techniques for directing employees that were used in the past. 2. will need to closely supervise the teams to make sure they remain focused on the goals of the organization. 3. will need to provide the teams with detailed instructions to give them a clear sense of direction. 4. must become more like coaches and counselors than bosses.

Answers

The correct answer is 4. must become more like coaches and counselors than bosses.

What is coaches?

Coaches are individuals who help others to achieve their goals, often through teaching skills, providing feedback, and offering encouragement and support. They can specialize in a certain area such as sports, business, health and wellness, and lifestyle.

When a firm adopts empowerment and team structures, managers must move away from the traditional boss-employee dynamic. Instead, they must become more like coaches and counselors who provide guidance, support, and trust to their teams. They must also create an environment where each team member feels comfortable taking initiative and contributing their ideas. This requires managers to spend more time listening to and understanding team members, rather than simply giving orders.

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lassiter corp.'s cash balance in the accounting records is $80,000. When Lassiter receives the bank reconciliation, the following items were discovered. (outstanding checks $10,000; NSF checks $4,000; note collected by bank $3,000; deposits outstanding $5,000). What is the corrected cash account balance?

Answers

The corrected cash account balance is $79,000.

What is Account balance?

An account balance is the sum of money held in a bank account at the start of the current accounting period. It is the sum of the balance carried over from the previous month and the net difference between the credits and debits that have been recorded during any given accounting cycle.

The amount due or the net debt may be shown in an account balance. The former is frequently depicted in financial accounts that include recurring bills, like those for utilities or gym memberships.

The latter, on the other hand, is reflected in accounts with negative cash balances, such as bank overdrafts. The unused fraction of the loan that is available on a credit account is referred to as available credit, whereas account balance is the indicator of the amount that is currently available on a credit account.

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Robert is a learning consultant and his role is to gather requirements from the clients, suggest a solution based on the requirements, and develop and deploy the suggested solution. He has been asked to conduct a knowledge-sharing session for fellow consultants on interviewing clients for relevant information.
Select one:
A.

He should practice some probable questions for the Q&A session.
B.

He should time the presentation.
C.

He should practice presenting the slides.
D.

He should ensure that the slides are not disjointed.

Answers

One thing that Robert needs to do is to C. He should practice presenting the slides.

Why should slides be practiced before presentations ?

Many people who are practicing for a presentation might not know where to start. Get acquainted with the presentation to begin with. Flip through the slides, quickly review the speech outline, and examine any visuals you intend to utilize. You will start to feel more secure and prepared in your presentation if you know what slide or primary point is coming up next.

To deliver a presentation effectively, practice is necessary. By practicing, you may boost your self-assurance, make sure you are comfortable with the content, and improve your presentational abilities. It's crucial to practice both giving your speech and utilizing your visual aids.

Robert should therefore practice the presentation with the slides.

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Country Z has a downward sloping domestic demand curve and an upward sloping domestic supply curve for widgets. In the absence of trade, the domestic price of widgets is P0. Now the country engages in trade, and the price for widgets, Pw, is below the domestic price, P0. Which of the following will occur.

Answers

If country Z engages in trade and the price for widgets (Pw) is below the domestic price (P0), the country will likely import widgets. Here option B is the correct answer.

The lower price of foreign widgets will increase the quantity demanded widgets in the domestic market, causing an increase in the number of imported widgets and a decrease in the quantity of domestically produced widgets.

This will lead to a shift of the domestic demand curve to the right and the domestic supply curve to the left. As a result, the domestic price of widgets will decrease and approach the world price (Pw).

Complete question:

Country Z has a downward-sloping domestic demand curve and an upward-sloping domestic supply curve for widgets. In the absence of trade, the domestic price of widgets is P0. Now the country engages in trade, and the price for widgets, Pw, is below the domestic price, P0. Which of the following will occur?

A - there will be a decrease in consumer surplus for domestic consumers

B - domestic producer surplus will decrease in country Z

C - there will be an excess supply of the good

D - the equilibrium price and quantity of ties will decrease

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