If the cost of a market basket of goods and services is $3,500 in 2012, the cost of the same market basket in 2015 is $5,600.
What is the market basket?According to common definitions, a market basket is a selected mix of goods and services.
The market basket is commonly used to track the price performance of a specific market or segment, especially with regard to inflation.
An example of a market basket is the Consumer Price Index (CPI). The CPI is an estimate of the average change of price paid for a specific basket of goods and services over time.
Data and Calculations:Date Price Index
2011 95
2012 100
2013 129
2014 131
2015 160
Cost of market basket in 2012 = $3,500
Cost of market basket of goods and services in 2015 = $5,600 ($3,500/100 x 160)
Thus, if the cost of a market basket of goods and services is $3,500 in 2012, the cost of the same market basket in 2015 is $5,600.
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the life isnurance policy in which dealth benefits last a lifetime but premiums are all paid after a specified time period is an
The life insurance policy in which death benefits last a lifetime but premiums are all paid after a specified time period is a limited-pay whole life policy.
3. What is meeting the deductible?
Answer:
The fiscal test group meets the deductible by incurring medical costs that equal the dollar amount of the deductible. The countable costs are added together. When they are equal to or greater than the amount of the deductible, the group can be certified for Medicaid.
Explanation:
A deductible is a set amount that a patient must pay each year before their health insurance coverage kicks in. Beneficiaries typically pay co-insurance—a percentage of costs—for any services covered by the plan after meeting the deductible.
In project procurement management, obtaining seller responses, selecting sellers, and awarding contracts is part of the _____ process.
In project procurement management, obtaining seller responses, selecting sellers, and awarding contracts is part of the closing process.
What is Management?
This refers to the overseeing and supervision of people working under a person to achieve a common goal.
Hence, we can see that in project procurement management, obtaining seller responses, selecting sellers, and awarding contracts is part of a business process which is known as the closing process.
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BP ignored some safety regulations in order save $1 Million per day on the Horizon Deep Water Drilling Platform. How much did those violations end up costing the company
Ignoring some safety regulations in order save $1 Million per day. The amount that those violations end up costing the company is $100 Billion.
What is safety regulation?Safety regulation can be defined as a set of rules and regulation that an employees are mandated to follow so as to prevent work hazard.
Based on the given scenario ignoring the safety regulation so as to save $1 million per day will cost the company $100 Billion.
Which is why companies made it compulsory for employees to follow the saftey standard set so as to ensures that employees work in a safe and conducive environment .
Inconclusion the amount that those violations end up costing the company is $100 Billion.
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what are keywords? in a paragraph pls
Answer:
like what key words the key words I know are she he I him her your you are yours us we names they them themselves and I think that's it
Which of the following is happening when a lending institution gains money from an individual's paycheck to cover outstanding debts?
A. Principal
B. Garnishment
C. APR
D. Harassment
The Garnishment is a disposal institution that obtains money from a person's paycheck to cover outstanding debts.
What is Garnishment?Garnishment is a legal process that allows a plaintiff to collect a monetary judgment from a defendant.
Garnishment allows the plaintiff to take the money or property of the debtor from the person or entity who possesses it.
It is a financial system that moves money from a individual's paycheck to pay off obligations.
Therefore, option B is correct.
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James is considering joining an electronic exchange so that his business can purchase needed supplies easily and possibly at better prices. James would prefer to join an exchange that is open to anyone in his firm's market space. Which type of electronic exchange is James considering
The type of electronic exchange that James is considering as he prefer one that is open to anyone in his firm's market is known as an independent electronic exchange.
What is an electronic exchange?This refers to a trading platform that allows the matching of buying and selling orders as well as price determination which are performed through a computer.
In conclusion, the independent electronic exchange is a platform which will allows the exchange to be open to anyone in the firm's market.
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To ensure the completeness of a business message, a writer should.
A pollution charge gives the trucking industry an incentive to reduce its emissions, as long as the ___ of reducing the emissions is ___ .
A pollution charge gives the trucking industry an incentive to reduce its emissions, as long as the marginal cost of reducing the emissions is less than the tax.
What is a negative externality?
Pollution consistutes a negative externality. This is because the cost of pollution is greater than its benefits to third parties not involved in the activity that generates the population. A way to reduce pollution is to enact a pollution charge.
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Yolanda, an account manager, sets her own work schedule and decides which tasks are priorities that will help meet her goals. Yolanda’s job has a high level of autonomy.
This is true because Yolanda's organization gives her a high level of job autonomy by allowing her sets her own work schedule and decides which tasks are priorities that will help meet her goals.
What is job autonomy?Job autonomy in management is when employees in an organization are allowed great deal of freedom to make choices in the work place.
A manager who grants an employee autonomy generally outlines the goal of a project but allows the employee to decide the best way to achieve that goal.
Hence, this is true because Yolanda's organization gives her a high level of job autonomy by allowing her sets her own work schedule and decides which tasks are priorities that will help meet her goals.
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If the cost of electricity doubles in the area where the Morgans live, which of the following is most likely to be
true?
A. It would be more advantageous for them to wash clothes at home and dry them at the laundromat.
B. It would be more advantageous for them to buy a washer and dryer to save money.
C. It would probably make no difference because the laundromat is likely to increase its prices to cover
increased costs.
D. It would be even more advantageous for them to use the laundromat rather than have a washer and
dryer at home.
5 of 10
If the cost of electricity doubles in the area where the Morgans live, It would probably make no difference because the laundromat is likely to increase its prices to cover increased costs. Option C. This is further explained below.
What is Pricing?Generally, Decide the payment amount for the service (something offered for sale).
In conclusion, Even if the price of power doubles where the Morgans reside, the laundromat's pricing will almost certainly rise to match the higher expenses.
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Question 2 of 10
Which of the following is an example of a value?
A. Sports
B. Public speaking
C. Coding skills
D. Responsibility
SUBMIT
Answer:
》resonsibility
............................
Which three ideas are true in a basic research study? (Select all that apply.)
research expands knowledge
research is for a specific problem
research is aimed at the future
research finds new opportunities
Answer:
research finds new opportunities
research is aimed at the future
research expands knowledge
Explanation:
A major stockholder of a corporation is most likely to be a(n) ________ in the initial sale of securities who also has power over the issuer in such sales.
A major stockholder of a corporation is most likely to be the controlling person in the initial sale of securities who also has power over the issuer in such sales.
Who is a Stockholder ?A stockholder, also referred to as a shareholder, is a person, company, or institution that owns at least one share of a company's stock.
This stock which is owned by the stockholder is referred to as Equity.
The stockholders are the owners of the company and provide financial backing in return for potential dividends over the lifetime of the company.
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Providing incentives for enterprise social network adoption and use is under the ________ best practice.
Providing incentives for enterprise social network adoption and use is under the strategy best practice.
What is enterprise social network?Enterprise social networking refers to an organization's use of social media (internally and externally), to connect individuals who share similar business ideas.
Examples of enterprise social network include:
IBM's ConnectionsCisco's Webex SocialHence, providing incentives for enterprise social network adoption and use is under the strategy best practice.
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_____ means transmitting information across functional boundaries in an organization to align all functions with customer expectations.
Julie explained to management that she only counts active users on the site and not only registered users. Measuring all of the registered users is considered a ________ and does not improve decision making.
Measuring all registered users is considered a Vanity Metric and does not improve decision making.
What is a Metric?A metric refers to a quantifiable measure that is used to track and assess the status of a specific process.
It is basically used for measuing processes for better output and improved performance.
Hence, measuring all registered users is considered a Vanity Metric and does not improve decision making.
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What does a membership organization have that a nonmembership organization does not?.
What a membership organization have that a nonmembership organization does not have is members from the public sector.
What is a public sector?public sector serves as a portion of the economy which entails all levels of government and government-controlled enterprises.
This sector doesn't encompass private companies as well as voluntary organizations, and households.
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If you were to make $9.00 per hour and worked 36 hours over the past two weeks, what would your gross income be on your paycheck?
Assuming you were to make $9.00 per hour .What your gross income will be on your paycheck is $648.
Gross incomeUsing this formula
Gross income=Earning per hour×Numbers of hours worked×Number of weeks
Where:
Earning per hour=$9.00 per hour
Numbers of hours worked=36 hours
Number of weeks=2 weeks
Let plug in the formula
Gross income=$9.00 per hour×36 hours×2
Gross income=$648
Inconclusion your gross income will be on your paycheck is $648.
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Of the 9 elements suggested by the SBA to be contained in a business plan, how many are solely focused on financial factors?
Two elements in a business plan that are solely focused on financial factors are the Funding Request and the Financial Projections sections.
What is a business plan?A business plan is a strategy document that contains the following information about a business:
Mission statementFirm's product or serviceCompany's leadership teamCompany's leading employeesCompany's locationFinancial informationGrowth plans.According to the SBA, the business plan must contain the following nine elements:
Mission StatementDate of business commencementNames of founders and their functionsNumber of employees and location of the business, including branches or subsidiariesDescription of plant or facilitiesProducts manufactured/services renderedBanking relationships and information regarding current investorsSummary of company growth including financial or market highlightsSummary of management's future plans.Thus, the two elements in a business plan that are solely focused on financial factors are the Funding Request and the Financial Projections sections.
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What is the main function of a business?
Prepare the adjusting entry to record bad debts under each separate assumption.
a. bad debts are estimated to be 4% of credit sales.
b. bad debts are estimated to be 3% of total sales.
c. an aging analysis estimates that 7% of year-end accounts receivable are uncollectible.
The preparation of the adjusting entries to record bad debts for Hawke Company under each separate assumption are as follows:
A) Bad Debts $169,790 Allowance for Doubtful Accounts $169,790
B) Bad Debts $189,173 Allowance for Doubtful Accounts $189,173
C) Bad Debts $102,935 Allowance for Doubtful Accounts $102,935
Data and Calculations:A) Allowance for doubtful accounts = $142,320 ($3,558,000 x 4%)
Bad Debts Expense = $169,790 ($142,320 + $27,470)
B) Allowance for doubtful accounts = $161,703 ($3,558,000+ $1,832,100 x 3%)
Bad Debts Expense = $189,173 ($161,703 + $27,470)
C) Allowance for doubtful accounts = $75,465 ($1,078,074 x 7%)
Bad Debts Expense = $102,935 ($75,465 + $27,470)
Question Completion:On December 31, Hawke Company reports the following results for its calendar year. Cash sales Credit sales
$1,832 100 $3,558,000
In addition, its unadjusted trial balance includes the following items. Accounts receivable $1.078.074 debit
Allowance for doubtful accounts $27,470 debit.
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If a salesperson wishes to provide potential buyers with evidence that the product is enjoyed by others in the
community, he or she can
O put its logo on a pair of jeans
O place an advertisement on the radio
position an ad on the internet
o provide testimonials from customers
Wealth is not a scarce resource for most people (true/false)
Answer:
False
Explanation:
Wealth is scarce.
The form which must be filed when an employer withholds federal income tax and FICA taxes is: multiple choice Form 940 Form 941 Form W-2
It should be noted that Form 941 is required to be filled when federal income tax and FICA taxes is been withheld by employer.
What is Form 941?Form 941 serves as the form that is used to determine the amount of taxes that someone is owning.
Therefore, Form 941 requires identification number when filling it and it should be filled by employee.
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true or falser The cost of a plant asset includes all amounts paid to ready the asset for its intended use.
It is true that the cost of a plant asset includes all amounts paid to ready the asset for its intended use.
What is historical cost of plant?The cost of plant assets includes all expenditures necessary to acquire the asset and make it ready for its intended use. The initial cost that an organization incurs is vital in order to know the amount that will be charged for a particular product.
The above means that once cost is established, a company uses that amount as the basis of accounting for the plant asset over its useful life.
Hence, It is true that the cost of a plant asset includes all amounts paid to ready the asset for its intended use.
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A student is considering adding a minor to her degree. The additional courses would cost $1,500 but would allow additional income upon graduation of $10,000. The incremental income related to this decision is:
Based on the additional income that the student will get at graduation and the cost of the courses, the incremental income here is $8,500.
What is the incremental income?The is the additional income that we gain from pursuing a course of action, less the costs of that action.
In this case, the incremental income will be:
= Additional income - additional cost
= 10,000 - 1,500
= $8,500
In conclusion, the incremental income is $8,500.
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Answer:
8500
Explanation:
Economic growth is also correctly called Choose one: A. real GDP growth. B. real per capita GDP growth. C. nominal per capita GDP growth. D. inflation. E. nominal GDP growth.
Answer:Real GDP growth.
Explanation:
Company A generates $250,000 in revenues. Company costs are $190,000. How much net
income (in dollars) did Company A make?
Answer:
60,000
Explanation:
Income made = Revenue - Cost = $250,000-$190,000 = $60,000
As simple as dat ;)
which situation is an example of skimming?
a) pop-up windows on a computer asking for you pin
b) a retailer scanning your credit card to steal its number
c) bank statements stolen from your garbage
d) a phone call from someone pretending to be a bank employee
Answer:
B.) a retailer scanning your credit card to steal its number
Explanation:
