suppose real output demanded rises by 4 buillion at each price level. what is the new equlibrium price
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The various output levels that are possible at a particular price point are depicted by the aggregate demand curve. The total demand curve has a downward slope.
What is a curve of aggregate demand?
The total amount spent on domestic goods and services at each price level is depicted by an aggregate demand curve. An illustration of an aggregate demand curve can be found below. The horizontal axis depicts real GDP, and the vertical axis depicts price level, just like in an aggregate supply curve.
What causes the aggregate demand curve to descend?
At any given price level, the aggregate demand curve depicts the sum of consumption, investment, government purchases, and net exports. It has a downward slope as a result of the effects of wealth on consumption, interest rates on investment, and international trade on net exports.
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Full Question = Suppose real output demanded rises by $4 billion at each price level. The new equilibrium price level will be:
a. 108.
b. 104.
c. 96.
d. 92.
FIGURE 32.7 The equilibrium price level and equilibrium real GDP. The intersection of the aggregate demand curve and the aggregate supply curve determines the economy's equilibrium price level. At the equilibrium price level of 100 (in index-value terms), the $510 billion of real output demanded matches the $510 billion of real output supplied. So the equilibrium GDP is $510 billion.
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chase, inc., issued 10,000 shares of $20 par value preferred stock at $50 per share and 8,000 shares of no-par value common stock at $20 per share. the common stock has no stated value. all issuances were for cash. a. prepare the journal entries to record the share issuances. b. prepare the journal entry for the issuance of the common stock assuming that it had a stated value of $10 per share. c. prepare the journal entry for the issuance of the common stock assuming that it had a par value of $2 per share. general journal ref. description debit credit a. answer answer answer preferred stock answer answer answer answer answer issued shares of preferred stock. answer answer answer answer answer answer issued shares of no-par value common stock. b. answer answer answer common stock answer answer answer answer answer issued shares of no-par value common stock, stated value. c. answer answer answer common stock answer answer answer answer answer issued shares of common stock.
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The journal entry will be Debit cash with 500000 and credit preferred stocks 200000 and additional paid-in capital-preferred stocks as 300000
What is a journal?Journal entries are written down in a journal or book of prime entries before being submitted to the ledgers. All of the transactions that a business has recorded are listed in a journal.
What distinguishes a diary from a ledger account?In the diary, the specific details of each transaction are recorded. In contrast, the ledger also referred to as the major book, is a list of accounts where the financial data from the journals is compiled and displayed.
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you have just finished prioritizing project risks based on the probability of occurrence and impact to the project. which action should you do next?
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You have just finished prioritizing project risks based on the probability occurrence and impact to the project. The next step is to B.Perform a quantitative analysis.
Since a qualitative analysis entails prioritizing risks based on the probability of occurrence and impact to the project, the next step in the process is to perform a quantitative analysis.Simply put, qualitative risk analysis is the process of categorising risks based on their likelihood of occurring, potential effects, and any extra relevant characteristics. Most of us would agree that a critical stage in project risk management is the one where we prioritise which hazards to address because we don't have time to work on them all. A quantitative analysis involves performing a numerical analysis of how the identified risks will impact the project deliverables.
You have just finished prioritizing project risks based on the probability of occurrence and impact to the project. Which action should you do NEXT?
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A.Perform a brainstorming session
B.Perform a quantitative analysis
C.Perform a qualitative analysis
D.Perform a reserve analysis
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think about the different ways entrepreneurs can start their businesses. which of the following can an entrepreneur expect when starting a new business as a franchisee? check all that apply. all information needed to determine whether to buy a franchise is included in disclosure documents provided by the franchiser. an entrepreneur must comply with practices required by the franchiser; that is, the franchisee cannot run the business however he or she wants. the franchiser will provide the entrepreneur with some management help and support. the franchiser will expect the entrepreneur to purchase supplies from a pre-approved distributor.
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An entrepreneur is a person who starts and manages a new business venture, taking on financial risks in the hope of profit. Entrepreneurs are often highly motivated and innovative, with a strong desire to succeed.
What can an entrepreneur expect when starting a new business as a franchisee?Entrepreneur are also typically willing to take calculated risks and think outside of the box to achieve their goals. Entrepreneurs come from all backgrounds and industries and can start a business in various ways, from creating a new product or service to launching a new company or purchasing a franchise. They must also have the ability to organize, manage and take charge of an enterprise and have the ability to think strategically and make sound business decisions.
An entrepreneur can expect the following when starting a new business as a franchisee:
1. All information needed to determine whether to buy a franchise is included in disclosure documents provided by the franchiser.
2. An entrepreneur must comply with practices required by the franchiser; that is, the franchisee cannot run the business however he or she wants.
3. The franchiser will provide the entrepreneur with some management help and support.
4. The franchiser will expect the entrepreneur to purchase supplies from a pre-approved distributor.
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if a new securities issue is being registered with the securities and exchange commission pursuant to the securities act of 1933, the easiest method of state registration is registration by:
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If a new securities issue is being registered with the securities and exchange commission pursuant to the securities act of 1933, the easiest method of state registration is registration by coordination.
What is Securities Act?AN ACT In order to fully and fairly disclose the characteristics of securities traded in international and domestic commerce as well as through the mail, to guard against fraud in their sale, and for other objectives. The Securities Act of 1933, sometimes referred to as the 1933 Act, the Securities Act, the Truth in Securities Act, the Federal Securities Act, and the '33 Act, was passed by the US Congress on May 27, 1933, at the height of the Great Depression and following the 1929 stock market crash. The Securities Act of 1933 (as modified, the "Securities Act") was passed in order to guarantee that investors have access to financial and other crucial information regarding securities that are being sold publicly.Under Registration by Coordination, the State receives the filing information provided to the Securities and Exchange Commission for Federal registration. The State registration is in force once the Federal registration goes into effect. Keep in mind that new issues cannot be registered by filing (or notice). Issuers who have already registered securities in the State are the only ones who can use it.
The complete question is,
If a new securities issue is being registered with the Securities and Exchange Commission pursuant to the Securities Act of 1933, the easiest method of State registration is Registration by:
coordinationqualificationfilingcertificationTo learn more about Securities Act refer to:
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strategic decisions are important, involve a significant commitment of resources, and should be easily reversible. [see p.12] group of answer choices true false
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Strategic decisions are important, involve a significant commitment of resources, and should be easily reversible. [FALSE]
Characteristics/Features of Strategic Decisions Strategic decisions have a major resource proposition for an organization. These decisions may relate to owning new resources, managing others or reallocating others. Strategic decisions deal with aligning the capabilities of an organization's resources with threats and opportunities. Strategic decisions deal with various organizational activities. It's all about what they want the organization to do and what it's about. Strategic decisions involve major types of change since organizations operate in an ever-changing environment. Strategic decisions are complex. Strategic decisions are at the top level, are uncertain as they relate to the future, and involve a lot of risk. Strategic decisions are different from administrative and operational decisions. Administrative decisions are routine decisions that help or rather facilitate strategic decisions or operational decisions. Operational decisions are technical decisions that help implement strategic decisions. To reduce costs is a strategic decision that is achieved through an operational decision to reduce the number of employees and how we carry out this reduction will be an administrative decision.Learn more about strategic decision at
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you are part of a project management team working within a large organization. the organization shares the qa team amongst the project management team. during a recent stand-up, it was brought to your attention that half of your development team is waiting on items back from qa to continue their work. you have contacted the qa manager and have been told that they are currently under demand from other project managers and that it would introduce a week delay to your project. how could this best have been avoided?
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The project manager's responsibility is to manage relationships with contributors and stakeholders while ensuring that the project is carried out according to the planned timeline and budget, achieves its goals, and is provided enough resources.
Which specific stage of the project management process does the project manager evaluate the effect of a change on the project?The process of determining the impact of the change on the project is known as the impact assessment stage. The systematic capture of all necessary information should be possible with the aid of a change request template. The goal is to make it possible for the sponsor and stakeholders to make an educated decision.
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coffee from colombia last year was supplied at $9 per 10 pounds. this year the demand has decreased and that same supply of colombia coffee is priced at $6 per 10 pounds. what will happen to supply of colombian coffee this year? responses the supply curve will shift to the right. the supply curve will shift to the right. there will be an increase in quantity supplied. there will be an increase in quantity supplied. there will be a decrease in quantity supplied. there will be a decrease in quantity supplied.
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This year, less Colombian coffee is being supplied than last.
What does the word supply actually mean?The amount of items a provider provides to customers is referred to as supply. Prices and the consumption of goods and services are primarily influenced by supply and demand. According to the law of supply, increasing demand encourages providers to expand their supply. The word refers to a quantity or stock of something that is available for use. That supply has already been provided. When a woman takes her infant on vacation, she could pack a lot of diapers (UK: nappies). This denotes a substantial amount that is readily used.
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She discovers that her local power company has a program where she can get on the job experience and go to school. What kind of program is this
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This program sounds like a type of apprenticeship or co-op program.
Apprenticeship programs are typically offered by companies in skilled trades such as construction, electrical, and mechanical work, and provide on-the-job training and education to individuals seeking to learn a trade and gain practical experience. In this case, the power company offers such an opportunity. This program allows the individual to work for the company while also attending school to gain knowledge in their field of interest. It is a great way for someone to gain experience and develop skills in their chosen field, while also earning money and potentially getting a foot in the door for a full-time job.
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several team members frequently spend their time helping operations and maintenance staff with a project feature that was just commissioned. the project manager needs to ensure that the feature was signed off on and that ownership was transferred. which documents should the project manager rely on for this purpose?
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The project manager should rely on these documents for this purpose: Project document updates, organizational process ,assets updates, and final report
The project manager organises, plans, and guides the firms' projects in order for them to be completed successfully. They guarantee the projects' scope, timeframe, and budget. Through regular production management, planning, and project monitoring, the project manager must guarantee the deliverables. The attitude of the project manager has an impact on how well the team members perform and how well the project turns out. So, in order to inspire the project team, the project manager will let them know what the overall goal is. Along with evaluating the staff, the project manager will also evaluate how each step will affect the project's outcome.
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mark purchased a multi-family property for $3,250,000. if the noi on the property was $235,000, at what cap rate did mark purchase the property...?
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Cap Rate mark purchased the property will be 7.2 (Percent %)
Cap rate is a measure of the return on an investment property, which is calculated by dividing the net operating income (NOI) by the property's purchase price or value. To find the cap rate at which Mark purchased the property, we can use the following formula:
Cap Rate = NOI / Purchase Price
In this case, we can substitute the given values:
Cap Rate = $235,000 / $3,250,000
After solving the equation, we get:
Cap Rate = 7.2%
Therefore, Mark purchased the property at a 7.2% cap rate.
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Conducting research to identify products that would satisfy customers is called: ________
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Answer: Conducting research to identify products that would satisfy customers is called Market Research.
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the lorenz curve for a country with perfect income equality is a horizontal line. group of answer choices false true
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The lorenz curve for a country with perfect income equality is a horizontal line. is true.
When drawing a Lorenz curve What is the perfect line of equality?Complete equality, when each person has the exact same wealth or income, is represented by a coefficient of 0. Complete equality would be represented by a straight diagonal line with a slope of 1 on a Lorenz curve (the area between this curve and itself is 0, so the Gini coefficient is 0).By expanding the neighbourhood income quintile group, the horizontal axis (x-axis) of the curve shows the cumulative percent of persons in the population, and the vertical axis (y-axis) shows the cumulative percent of events in the population.To learn more about lorenz curve refer to:
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the types of accounts which affect retained earnings are
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Revenues, costs, and dividends are the three main transaction types that have an impact on retained earnings.
A dividend example is what?
The cash distributed to shareholders from earnings is an illustration of a dividend. Quarterly payments are the norm for them. As an illustration, AT&T has been providing these distributions for a number of years, with its 2021 third-quarter issuance set at $2.08 per share. The source of a dividend, which is the company's net profit, is a reward that publicly traded corporations give to their shareholders. These benefits could be given in the form of cash, currency equivalents, shares, etc.
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investment professional bill winters received the latest long-term total return data for different asset classes. he sees that common stocks returned 8% compounded with a standard deviation of 19.0; t-bills had a 1.25% return with a standard deviation of 3.4. what is the expected return of a portfolio of 60% stocks and 40% t-bills?
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This right calculation is: (.6 × 8%) + (.4 × 1.25%) = 5.3%
In statistics, the standard deviation is a measure of the amount of variation or dispersion of a set of values.
What a fashionable deviation means?A trendy deviation (or σ) is a measure of how dispersed the statistics is in relation to the mean. Low preferred deviation potential information are clustered around the mean, and excessive wellknown deviation suggests information are greater unfold out.
What is widespread deviation used for?Standard deviation tells you how spread out the facts is. It is a measure of how some distance each observed value is from the mean. In any distribution, about 95% of values will be inside 2 trendy deviations of the mean.
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https://brainly.com/question/475676#SPJ4a sales allowance can be described as: multiple choice question. a reduction in the selling price of defective or unacceptable merchandise sold to customers the implied interest paid when not taking advantage of a sales discount a discount given by the seller of merchandise for early payment the reduction in the sales price of an item because of the quantity purchased
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A sales allowance is a cost decrease that a vendor starts due to an issue with the purchaser's organization. This can imply that the purchaser got a flawed item, didn't get part of their request, or followed through on the mistaken cost for a thing, alongside numerous different situations that a dealer decides.
A deals remittance is a decrease in the cost charged by a vender, because of an issue with the sold item or administration, like a quality issue, a short shipment, or a wrong cost.
Impetuses used to rouse deals are called limits while those used to inspire installments are called stipends (which apply just to buys made on layaway). Limits are most frequently utilized by retail and discount organizations.
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latrell finds that every time he goes to select athletic shoes he always buys the same brand. in fact, he doesn't even remember trying on any of the other competitive brands even though some of these brands have attractive styles and prices. latrell's purchase decision process has become one of less and less effort. latrell's decision process in an example of . question 17 options: ineptness brand loyalty inertia cognitive dissonance
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Latrell is using less and less inertia to make decisions about purchases. The concept of inertia states that an object will keep moving in the same direction or at the same speed until another force changes it.
What is an inertia?'The principle of inertia,' as defined by Newton in his first law of motion, is what the phrase is actually used to refer to. Without being acted upon by an outside force, matter has the property of inertia, which causes it to remain at rest or to move uniformly in a single direction.People stumble forward as the bus abruptly stops. According to Newton's first law, unless forced to alter its condition by an outside force, any object will continue to be at rest or move uniformly in a straight line. Inertia is the tendency to resist alterations in a condition of motion. The law of inertia is something that humans frequently adhere to. The likelihood of a body remaining in motion or at rest depends on its state. Being overcommitted and overloaded is one of the major barriers to continuing on your current path. You must learn to alter your thought process in order to improve.To learn more about inertia refer to:
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a company or person that provides raw materials, services, equipment, labor, or energy to another organization is called a(n) .
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Answer:
supplier
Explanation:
Which of the following relationships is CORRECT? a. If Depreciation is less than Gross Investment, Net Investment is negative. b. If Depreciation is greater than Gross Investment, Net Investment is positive. c. If Depreciation is zero, Net Investment is less than Gross Investment. d. If Depreciation is zero, Net Investment is greater than Gross Investment. e. If Depreciation is greater than Gross Investment, Net Investment is negative
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If Depreciation is greater than Gross Investment, Net Investment is positive. So option b is correct.
Net investment is the difference between Gross investment (the total amount of investment in new capital goods) and Depreciation (the decrease in value of capital goods over time due to wear and tear).
So, if Depreciation is greater than Gross Investment, it means that the value of the existing capital goods is decreasing more than the value of the new capital goods being invested.
In this scenario, Net Investment will be negative. On the other hand, if Depreciation is less than Gross Investment, then the value of new capital goods is more than the decrease in the value of existing capital goods, so the net investment will be positive in this scenario.
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a physician charges $87.00 for a service and the insurance amount is $27.00. what is the appropriate adjustment if the patient has a $10.00 copayment?
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a physician charges $87.00 for a service and the insurance amount is $27.00. the appropriate adjustment if the patient has a $10.00 copayment $50.00
A party agrees to pay another party compensation for a fee in the case of a certain loss, damage, or injury as a safeguard against financial loss. It is a risk management strategy that is primarily employed to protect against the threat of a potential loss.An insurer, insurance firm, insurance carrier, or underwriter is a company that sells insurance. In exchange for the insurer's promise to pay for a guaranteed, foreseen, and relatively minor loss, the policyholder exchanges money with the insurer (a premium) as part of the insurance transaction.
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7. if labor is the only variable input and the wage rate is fixed, which of the following move in opposite directions each time the quantity of output increases? a. marginal cost and average variable cost b. average product of labor and marginal product of labor c. marginal cost and average product of labor d. marginal product of labor and average variable cost e. marginal cost and marginal product of labor
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The marginal cost curve will shift upward as output increases necessitate more labour, which also costs more.
How do you determine where is increasing or decreasing?When a function is increasing (or declining), it is during these times that its positive derivative is present (or negative). To determine the intervals when a function increases or decreases, we therefore take its derivative and examine it to determine if it is positive or negative (which is simpler to accomplish!).The average product must likewise be declining if the marginal product is. Inputs cannot be switched out for one another in manufacturing for a fixed-proportion technology.The MPL eventually turns negative when adding a new employee would disrupt the business and reduce output. The declining marginal returns law governs this.According to the law of diminishing marginal utility, marginal utility increases with consumption under all other conditions.To learn more about increases refer to:
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you are the project lead overseeing a project to create a new wireless media streaming device. an lcd display was used that does not match the original project scope. during a stakeholder meeting, the customer expresses that they are upset and the screen should be changed. your ceo is worried about the costs associated with the replacement of the screens and believes the product is fine as it is. functional managers are concerned about the additional time it will take the workers to replace the screens and suggest a revised model slightly after product release. other upper management suggests releasing a standard version with the current lcd and a deluxe model with another lcd. as the manager, you need to settle this dispute. in whose favor should this dispute be resolved?
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Disputes refer to disagreements or conflicts that arise between parties. Disputes can occur in various settings, such as in business, legal, and personal contexts. Disputes can arise from a variety of issues, including contracts, property rights, intellectual property, and employment.
In whose favor should this dispute be resolved?As the project manager, it is important to consider the needs and concerns of all stakeholders involved, including the customer, CEO, functional managers, and upper management. However, ultimately the customer's satisfaction should be the top priority. If the customer is not satisfied with the current LCD display and it does not match the original project scope, it may be necessary to replace the screens.
It would be appropriate to explore the cost of replacement and the potential impact on the overall project timeline with the functional managers. If the cost is high, it may be necessary to consider releasing a standard version with the current LCD and a deluxe version with another LCD, as suggested by upper management, to offset the cost.
Ultimately, any solution should be based on the overall project goals, budget and timeline. It is important to have open communication with all stakeholders to find a solution that is acceptable for all parties.
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An expense has what effect on the accounting equation?
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An expenditure reduces the impact of stockholder equity on the accounting calculation.
Stockholder equity, often known as shareholders' equity or owners' equity, is the amount of assets left over for shareholders to use after all liabilities have been settled. It is determined by subtracting a company's total assets from its total liabilities, or alternatively by adding its share capital and retained earnings and deducting its treasury shares. Among the possible components of shareholders' equity are common stock, paid-in capital, retained earnings, and treasury stock.
Stockholders' equity can conceptually be used to assess the amount of money a company has kept on hand. If this number is negative, a business may be on the verge of bankruptcy, especially if there is also a substantial debt obligation.
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refer to exhibit 30-3. suppose that firms a, b, and c are the only polluters in the state and that each emits 4 tons of pollution into the atmosphere. to cut the level of pollution in half the government issues two transferable pollution permits to each firm. what is the total cost to society of decreasing pollution to half its present level if firm c buys one pollution permit from firm a and one pollution permit from firm b?
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The overall cost to society of reducing pollution is done by reducing all four tons of pollution; reducing all four tons of pollution; and not reducing any of its pollution.
Because there is a benefit to pollution, according to the economist, production entails pollution, and production permits the corporation to gain income. Firms may maximize earnings in an uncontrolled society by employing the lowest manufacturing technique available. It is not an unrealistic assumption to state that the cheapest approach is most certainly the "dirtiest" one. Firms assess the MB of pollution (income) against the MC while manufacturing. In a deregulated society, the MC of pollution is zero, hence enterprises would release the highest amount of pollution permitted by their manufacturing process. The issue is that when a company solely considers its own costs and advantages, the social cost of pollution is overlooked.
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zumbahlen inc. has the following balance sheet. how much total operating capital does the firm have?
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A organization's corporate assets are multiplied by its current liabilities to determine its working capital.
Which capital do you refer to?A factory or its equipment, copyrights like inventions, or a person's or a company's financial assets are all examples of things that offer their owner value or an advantage and fall within the wide definition of capital. Despite the fact that money itself is referred to as capital, the term is typically used to refer to cash used to buy items or make investments.
What is the accounting capital?The capital account in accounting displays the net value of a company at a certain moment in time. It is listed in the bottom portion of the balance sheet and is also referred to as owner's equity for a single owner or owners' equity for a corporation.
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which u.s. federal act has pledged almost a billion dollars toward curriculum, research, and skill development in it audit, control, security, and information assurances issues?
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Cyber Security Research and Development Act is the u.s. federal act has pledged almost a billion dollars toward curriculum, skill development in it audit, control, security, and information assurances issues.
What is research and development in cyber security?Through supported projects at reputable R&D organizations, research and development is carried out in the thrust areas of cyber security, including (a) Cryptography and cryptanalysis, (b) Network & System Security, (c) Monitoring & Forensics, and (d) Vulnerability Remediation & Assurance.By defining a national R&D strategy, the cyber security research effort hopes to help the nation develop the tools it needs to stay ahead of its enemies. These cutting-edge tools can safeguard networks and information systems.Cybersecurity is a broad area that is always changing. In addition to Quantum & Space, Data Privacy, Criminology & Law, and AI & IoT Security, these are only a few of the topics covered in its study.Learn more about Cyber security refer to :
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if you sell all of your shares on friday, will you still qualify for dividends at the end of the quarter? why or why not?
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They will still receive the dividend if shares are sold on or after the ex-dividend date.
How soon can a stock be sold and the dividend still be paid?
Another important point to keep in mind: You can sell a stock at any time on or after the ex-dividend date and still receive the dividend as long as you do so prior to the ex-dividend date. Investors frequently believe that they must hold the stock until the record date or pay date.
Can the dividend be received even if a stock is sold on the date of the ex-dividend?
Yes, the pending dividend will not be included in any sale that takes place on or after the ex-dividend date. When the payment is distributed, you will still be the owner of the record in the company's books. Therefore, even if you sell stock on the ex-dividend date, approximately two weeks later, you will still receive the dividend.
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Claire has been asked by her manager to review the disaster recovery plan, as he believes it is currently insufficient for the organization's needs. She finds a few issues and starts planning modifications to the backup schedule so that backups are done more frequently. Which of the following might be the reason for this new backup schedule
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Backup schedules are essential IT activities, as they ensure several important activities are performed and issues are addressed.
What is meant by Backup schedule?
That's why it's important to prioritize backup and recovery operations to ensure an optimal balance between risk and performance. You should schedule backups on a per-system basis, with the most important and time-sensitive data being backed up regularly, such as every hour.The backup schedule determines how often your data is backed up and the backup media you will require. Each hardware type has a different group of rotation schemes to select from, including industry standard strategies. Each scheme can also be customized once the job has been created.Typically, incremental backups of user files can be performed during the day-time. It's, however, advisable to set maximum speed caps for your backups. With that, your backup software won't max out the bandwidth. Run daily full backups at night, weekly during weekdays.To learn more about schedule refers to:
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ariel plans to move to a different city to be closer to her family. she loves her beautiful, beachfront property, though. she wishes she could take her current real estate with her to the new city, but she can't. which characteristic of land is this?
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An alternate kind of home appraisal is a drive-by appraisal, sometimes known as a brief appraisal.
How difficult could it be to work in the real estate industry?It takes a lot of work to earn a living selling real estate. You need to be organized if you want to stay on top of appointments, legal papers, and other tasks that call for several lists. You can go without regular salary for a while because the work is typically commission-based. You won't make any money if you don't sell.
Is a profession in real estate a worthwhile one?A professional in real estate can undoubtedly earn a decent livelihood. In 2020, a full-time agent made an average salary of $129,996. You won't start receiving this salary right away, though. To obtain a license, you must
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But there was her lovely beachside property. She hopes she could move to the new city with her current real estate, but she can't. Land is characterized by immobility.
Exactly what is real estate?A type of real property, real estate is just something you control that is affixed to a plot of land. It often encompasses all minerals on the property, including water and minerals, and may be utilized for domestic, professional, or industrial reasons.
What kind of real estate is the simplest?Single-family renting outperform multi-family rentals in terms of price and ease of asset management. The simplest approach for newcomers to get started in the world of investing in property is by making investments in single-family houses.
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You are interested in establishing a business selling T-shirts. You purchase a screen printing machine which costs $5,450. The cost for materials and processing is $6.50 per shirt, and you can sell the shirts for $12 each.
(a) What is your net profit or loss if you sell 450 shirts? Make sure to clearly indicate whether you will have a net profit or a net loss in addition to stating the amount.
(b) How many shirts do you have to sell to break even?
(c) How many shirts would you need to sell to make a profit of $10,000?
(d) If the selling price for T-shirts changes to $15, what is the new breakeven volume
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When materials are purchased, the cost of the materials is deducted from a material account in process costing.
Two categories of manufacturing expenses are shown; Conversion cost and prime cost. Prime cost: This sums up the expenses incurred during the product's manufacturing process, such as direct labor and material costs. The costs associated with the raw materials used to make the product are referred to as direct material costs. On the other hand, direct labor costs cover expenses such as laborers' wages that are directly tied to their work on the product. When materials are purchased, the cost of the materials is deducted from a material account in process costing. This assertion is accurate. The material account is debited when raw materials are purchased during the production process, and the money taken from it is then credited to the account of the raw material provider.
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Which of the following is an example of a restrictive covenant?
a. Government regulations require disclosure of certain information.
b. A homeowner is required to carry adequate insurance by a mortgage lender.
c. A lender stipulates that it receive a percentage of a borrowing firm's profits
d. You tell your neighbor that they cannot park their car on the street in front of your house.
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Restrictive covenants are provisions in a contract that forbid, forbid, limit, or otherwise regulate the conduct of a specific individual or entity.
What is a restrictive covenant in simple terms?Restrictive covenants are provisions in a contract that stop, forbid, limit, or restrict the actions of a particular person or entity. Real estate transactions frequently include restrictive covenants that cover a wide range of topics, from the number of tenants allowed in a building to the colours you can use to paint your home.
Four different sorts of promises can be found in restrictive covenants: (1) a promise not to compete with one's previous employer; (2) a promise not to solicit or accept business from former employer's clients; and (3) a promise not to hire or hire away former employer workers; (4) the pledge to abstain from using.
Therefore, the correct answer is option b) a homeowner is required to carry adequate insurance by a mortgage lender.
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