Suppose romaine lettuce is a normal good. Suppose further incomes in the economy are rising. Everything else held constant, this will cause the _____ romaine lettuce to _____.

Answer:

1. Federal Food, Drug, and Cosmetic Act :-

The act governs level of quality for those food, drugs , medical instruments, as well as beauty products produced and procured by customers in the market  of America. Government control as well as regulation of these guidelines was also supplied for under the law.

2. Truth in Lending Act (TILA) :-

The Truth in Lending Act (TILA) relates to the federal law that allows borrowers to make some statements regarding consumer credit conditions and prices. TILA includes rules regulating accessible-end credit lines, closed-end personal loans, retail lending as well as private lending to college.

Answer:

See Explanation Below

Explanation:

Gramm-Leach-Bliley Act (GLBA): This Act of 1999 removed the barriers to consolidation among banking and other financial institutions and allowed the consolidation of a commercial bank, securities firm, investment bank, and insurance company. This Act is also known as the “Financial Services Modernization Act.” This Act allows consumers to use various financial services at a single financial institution. More importantly, the Gramm-Leach-Bliley Act provided limitations on the private information gained from consumers through the transactions performed through banks and other institutions. Private information cannot be sold to other entities without the permission of the consumer. In addition, the Gramm-Leach-Bliley Act makes the practice of obtaining information using false pretenses illegal. Because of the mergers of different types of financial institutions with the relaxation of barriers of consolidation, one entity could possibly have access to an individual’s financial, medical, and criminal history information through the merger of an insurance company and a brokerage company. Therefore, privacy legislation was needed to protect consumers with the Financial Services Modernization Act.

Fair Debt Collection Practices Act (FDCPA): This act prohibits debt collectors from making use of unfair means to recover overdue bills. Unfair means may include calling consumers at any time other than between 8:00 a.m. and 9:00 p.m. local time. It also prohibits using offensive language during the conversation over debt and demanding unjustified amounts not allowed legally. The FDCPA make consumers’ voices powerful by giving consumers more rights regarding how debts are collected from them. These rights include allowing consumers to sue debt collectors individually and to ban contact with consumers at work. Consumers can also seek proof that they actually do owe the money that the debt collector refers to. When first contacting a consumer, the debt collector must inform a debtor of his or her right to dispute the debt. The debt collector must also tell the debtor the amount of the debt, the name of the creditor, and the fact that the debt can be disputed within 30 days. Debt collectors can’t misrepresent themselves by claiming to be an attorney or an employee of a credit reporting agency.

The costs to society include the economic costs. Staffers, lawyers, and enforcement agencies are hired for the administration of these laws. Compliance with regulations requires that companies hire, train, and continually re-educate employees on how to comply with applicable laws. In addition, one provision of the FDCPA requires that consumers can recover reasonable attorney fees. Society needs to contribute for the payment of these services through taxes and also through the higher-priced products and services companies must assess in order to remain profitable

Answer:

The present value is $537.78

Explanation:

Given

[tex]Future\ Value\ (FV) = \$20,000\\Time (T) = 50\ Years\\Discount\ Rate\ (R)= 7.5\%[/tex]

Required

The Present Value(I)

To calculate the present value, we simply apply the formula for future value;

[tex]FV = I *(1 + R)^T[/tex]

Substitute 20,000 for FV; 50 for T and 7.5% for R;

This gives

[tex]20,000 = I *(1 + 7.5\%)^{50}[/tex]

Convert percent to decimal

[tex]20,000 = I *(1 + 0.075)^{50}[/tex]

[tex]20,000 = I *(1.075)^{50}[/tex]

[tex]20,000 = I *37.19[/tex]

Divide both sides by 37.19

[tex]\frac{20,000}{37.19} = \frac{I *37.19}{37.19}[/tex]

[tex]\frac{20,000}{37.19} = I[/tex]

[tex]537.778 = I[/tex]

[tex]I = 547.78\ (Approximated)[/tex]

Hence, the present value is $537.78

Answer:

The reported cost of the land = $99,560

Explanation:

In order to calculate the cost of the land, it is important to note that the amount recorded as cost of the land, includes the actual amount paid as the market price of the land, including all the necessary costs incurred to make the land ready for use. These include: attorney's fees, cost of demolition of old properties, broker's fees etc.

To calculate the net cost of the land, let us identify all the transactions done in the purchase of the land. This is done as follows:

market value of land = $ 79,000

cost of demolition     = $   8,000

additional expenses = $     1,160

attorney's fee            = $    4,400

broker's fee               = $    8,660

salvaged materials    = $    1,660 (minus)

Total                           = $ 99,560

Note that the amount gotten from sale of salvaged materials is subtracted from the cost of land, because it is an income, not expenditure, while the architect's fee is not used in the calculation because, it doesn't meet the criteria for cost of land, instead it is part of the cost of building after the acquisition of the land.

Answer:

Member showcasing could be a sort of performance-based promoting in which a commerce rewards one or more associates for each guest or client brought by the affiliate's claim promoting endeavors. Partner promoting is the method of gaining a commission by advancing other people's (or company's) items. You discover a item you like, advance it to others and win a bit of the benefit for each deal merely make.

Answer:

Affiliate marketing is a marketing arrangement by which an online retailer pays commission to an external website for traffic or sales generated from its referrals.

Explanation:

Answer: entrepreneurs

Explanation: They use all of the factors of production to form a business and make sure they can maintain it.

I hope this helped!

the factors of production are resources that are the building blocks of the economy they are what people use to produce goods and services

Answer:

I believe that it is A and C

Explanation:

Answer:

I believe that it is A and C

Explanation: on plato

Answer:

Y = 15,500

Explanation:

If government spending increased by $200 million

Y = C + I + G + NX

Y = 5,000 + 0.6(Y-1,000) + 1,000 + (800+200) - 200

Y = 5,000 + 0.6(Y-1,000) + 1,000 + 1,000 - 200

Y = 5,000 + 0.6(Y-1,000) + 1,800

Y = 5,000 + 0.6Y-600 + 1,800

Y = 6.200 + 0.6Y

Y - 0.6 Y = 6,200

0.4 Y = 6,200

Y = 6,200 / 0.4

Y = 15,500

Therefore, change in equilibrium income (in millions) is $500

Answer:

A

Explanation:

200

Answer:

b. Data collection

Explanation:

General Mills is only at the first stages of the market research process, which include: diagnosis of the problem, definition of the problem, and data collection.

General Mills has found that it's lost market share to its biggest competitor because the competitor decided to focus on a particular type of yogurt. This is Data collection.

Answer:

2 owners can own a partnership

Answer:

Minimum-2.

Maximum-100

Answer:

A late payment fee will be charged to her account.

Explanation:

As mandated by law one is expected to pay outstanding credit card balances within a 21 days period after which you may face additional charges and restrictions.

Since in Devon's case she forgot her credit card bill for up to three months her account would have already been charged a late payment fee from the very first month and this fee will continue to increase in line with the Credit CARD Act of 2009.

Answer: With ideas and much money invested

Explanation:

Cottage industries are industies that carry out their activities from their homes while indigenous industries are industies that are located in primary areas in our environment like the fishing and brewing industry.

The indigenous industries are advantaged over the cottage industries because they receive support from the government hence it helps in their production also they have the ability to reduce the price of their goods against the cottage industry which cost of production would be high for them.

Answer:$346,920

Explanation:

                            Le Cadre          La Bougie

Units sold               2200                  600

Unit price                  500                 1200

Sale revenue        1,100,000          720,000

variable cost           320                    750

sales Commission     7%                     4%

Rosemary sales       840                     560

Maria                         1120                    280

Rosemary sales =(840*500) + (560*1200)

                        420,000 +672,000=                         1,092,000

Cost of goods sold =(320*840) + (750*560)

                                 268,800+420,000                     (688,800)

Sales commission (7%*420000)+(4%*672,000)

                                 29,400+26,888                             (56,280)

   Profit                                                                          346,920

Answer:

1.) Which location would be the most advantageous for my business.

2.) What business structure would best suit my business?

3.) What is the total cost of ownership of my capital purchases

Explanation:

Location: Siting a business location is widely regarded as one of the most critical decision one has to make when starting a business. A locaction which is accessible and also harbors the business choice of consumer.

2.) Business Structure : Careful planning, perusal and adoption of a model for one's business is a very essential decision to be at the beginning of a startup. Entrepreneurs may need to decide if embarking on a business alone or partnering with an already existing company or partner will reap the most benefit.

3.) Cost of ownership of capital purchase:

Capital purchases are very essential in starting a business. It incorporates building, facilities and essential equipment needed to run the business. Estimating the cost is very important while preparing for begin a start-up.

The three critical questions that entrepreneurs need to ask themselves while starting a business is as follows:

1.) Which location would be the most advantageous for my business.

2.) What business structure would best suit my business?

3.) What is the total cost of ownership of my capital purchases

The explanation is as follows:

learn more: https://brainly.com/question/2514933?referrer=searchResults

Answer:

yes, however, it is legal if congress gives consent.

Explanation:

Article I, § 10, clause 2 of the United States Constitution, known as the Import-Export Clause, prevents the states, without the consent of Congress, from imposing tariffs on imports and exports above what is necessary for their inspection laws and secures for the federal government the revenues from all tariffs on imports and exports. Several nineteenth century Supreme Court cases applied this clause to duties and imposts on interstate imports and exports. In 1869, the United States Supreme Court ruled that the Import-Export Clause only applied to imports and exports with foreign nations and did not apply to imports and exports with other states, although this interpretation has been questioned by modern legal scholars.

Answer:

idk

Explanation:

idk

Answer:

Consumer protections sound like it should be a guarantee in Usa, but the government never intervened to protect citizens in the 1960s.

It began mostly with 1968 Consumer Credit Protection Act, when Congress stepped on from violence to defend consumers and their financial histories.

Many regulations expanded investor protections in the years that followed, detailing how the government can obtain records from bank clients, how banks manage lenders and how lenders manage deposit accounts.

During the Great Depression of 2008, it all reached a climax and with that, the financial stability oversight Bureau was created, a new federal department committed to defending customers.

Answer:

For this report I chose to use the Truth in Lending Act. The Truth in Lending Act protects you against inaccurate and unfair credit billing and credit card practices. It requires lenders to provide you with loan cost information so that you can comparison shop for certain types of loans. This protects you from loan overdraft and over billing. This allows the consumer ease to their day of anytime they run into finacial issues. As this makes better sense to consumers it helps others all over the world. People use it in hopes that this will help them in everyday.

Explanation:

Answer:

Texas state laws are highly concerned with third-party collection agencies hassling consumers. State laws require that debt collectors prove they are bonded and licensed to collect delinquent funds. A debt collector must validate or prove it is the legitimate owner of a debt and provide the consumer with specific information about the debt. The Texas finance code states that collection agencies must tell you the name of the original creditor, the original date of default or non-payment, the date the debt was transferred from the original creditor to the third-party debt collector, and the original balance and current balance. If the debt collector refuses to provide the information, state law views it as an admission of inaccurate debt collection. The consumer then has the right to have all debt collection efforts stop and to have the debt permanently removed from any consumer credit reports. The debt collector must be bonded in the state of Texas and have legal authority to collect fees, interest, and expenses. Texas offers programs to monitor credit reports, help repair credit history, and make payment plans.

While federal credit and loan laws are more concerned with fair and accurate business practices, Texas state law is more concerned about debt collection by third parties and repairing credit history. It indicates that when it comes to credit and loans, the biggest problems Texans experience are high debt, debt collections, and poor credit ratings. Texas is less concerned with fair credit practices by creditors and more concerned with how to keep its consumers from defaulting on loans. They also seem to be concerned with fraudulent collection agencies going after consumers and with false financial information being placed on consumer credit reports. The Fair Credit Reporting Act tells consumers to alert CRAs to investigate disputed claims, and the CRAs then have 30 days to investigate a claim and determine if it is inaccurate, incomplete, or unverifiable. In Texas, the state advises consumers to contact the collection agency and request information to validate the collection. Texas gives the collection agency 30 days to respond. If the collector doesn’t respond, the case must be removed, if the agency does respond, the debt is considered legitimate. The state does not refer to CRAs at all.

The state’s website does address identity theft, which can lead to fraudulent use of credit. Texas recommends its citizens invest in an identity protection plan for $10 a month. It also encourages people to invest in a credit report service for $14.95 a month. The Fair and Accurate Credit Transactions Act advises people that they have the right to access three free credit reports a year. The act also states that consumers have the right to have their account flagged by CRAs in the event of identity theft. Texas does not mention any of these rights and services. However, the state provides a lot of links and pages advertising businesses that consumers can pay to help them with credit history and identity theft. The state does not alert people to any free rights and services guaranteed by federal law.

Explanation:

PLATO

This question is incomplete because it lacks the appropriate options.

Complete Question

Four years ago, Mr. B sold his personal property on contract for $200,000, which resulted in a capital gain of $100,000. Mr. B properly elected to use the installment method of reporting and through last year had collected $40,000 on the contract. At the start of this year, the buyer defaulted on the contract, and Mr. B repossessed the property. At the time of repossession, the property had a fair market value of $160,000. What is the gain or loss to be reported on the repossession?

A) $20,000 Capital gain

B) $45,000 Ordinary income

C) $60,000 Ordinary income

D) $80,000 Capital gain

E) $100,000 Capital gain

Answer:

D) $80,000 Capital gain

Explanation:

From the question, we are told that Mr B sold his property for $200,000 on contract with $100,000 Capital gain. A Capital gain can be defined as the higher profit that is obtained from selling a property due to the fact that the price at which the house is been sold is higher than the price at which the property was bought.

This means the purchase price of Mr B's property = $100,000

Last year, Mr B collected $40,000 on the contract

Mr B repossessed his property which had a fair market value of $160,000 due to the default in payment of the buyer.

This means : Mr B collected a capital gain on repossession and this is calculated by:

(Selling price + Amount collected on contract) - Fair market value

($200,000 + $40,000 ) - $160,000

$240,000 - $160,000

= $80,000

Therefore , the gain to be reported on the repossession is $80,000 capital gain.

Answer:

gases have definite shape and volume

Explanation:

Answer:

Gases have random motion.

They don't have definite ahape and volume.

Tbey have weak inter molecular forces.

Explanation:

Answer:

Budgeted COGS = $134 x 3,550 units = $479,250

Actual COGS = $482,151.42, so the total variance was $2,901.42 U

                    Swain Company

                   Income statement

Total revenue                                       $603,500

COGS:                                              ($482,151.42)

Gross profit                                       $121,348.58

S&A expenses                                     ($54,500)  

Net profit                                           $66,848.58

Retained earnings = $65,000 + $66,848.58 = $131,848.58

Explanation:

retained earnings $65,000

total sales $603,500

number of units sold = $603,500 / $170 per unit = 3,550 units

selling and administrative expenses $54,500

materials quantity variance = (actual quantity - standard quantity) x standard price = $9,250 favorable. This means that the company used fewer materials than budgeted: -$9,250 = (actual quantity - 24,850) x $9

actual quantity used = (-$9,250 / $9) + 24,850 pounds = 23,822.22 pounds less

materials price variance = (actual cost - standard cost) x units purchased = $3,525 U. This means that the company paid $3,525 more for materials than it had estimated: $3,525 = (actual cost - $9) x 23,822.22 pounds

actual cost = ($3,525 / 23,822.22 pounds) + $9 = $9.148 per pound

*the only way 2 labor hurs x standard cost = $1, is that standard cost = $0.50

labor efficiency variance = (actual hours - standard hours) x standard rate = $6,725 = (actual hours - 7,100) x $0.50:

actual hours = ($6,725 / $0.50) + 7,100 = 20,550 hours

labor rate variance = actual hours x (actual rate - standard rate) = $4,025 = 7,660.42 hours x (actual rate - $12):

actual rate = ($4,025 / 20,550 hours) + $0.50 = $0.6959

fixed overhead budget variance = actual fixed overhead - budgeted overhead = $1,425 U = actual fixed overhead - $248,500:

actual fixed overhead = $248,500 + $1,425 = $249,925

actual fixed overhead per unit = $249,925 / 3,550 = $70.4014

fixed overhead volume variance = (actual hours - standard hours) x actual fixed overhead per unit = -$6,000 F = (actual hours - 3.5 hours) x $70.4014:

actual overhead hours = (-$6,000 / $70.4014) + 12,425 hours = -85.23 + 12,425 = 12,339.77 hours

Answer:

This applies for the Bank of America

- the information the bank wants

For opening a savings or a checking account, the Bank of American only needs some basic personal information, and at least $25 from you, in order to start the account.

- the documentation required to support the information you provided

You need to provide the Bank with these documents:

A primary ID (for example, a driver's license, or a state's issued ID with photo)

A secondary ID (For example, a college ID)

Current mailing address

Social Security Number

Email address

Account number (in case you already have an account)

- the agreement you’re entering into with the bank by signing the form

The agreement is too long to transcribe in this answer, but it essentially compromises you to accept the terms or service of Bank of America. It also gives you information about how the Bank of America will manage your account, and how it will protect its security.

Answer:

Bank of America

- the data the bank needs

For opening an investment funds or a financial records, the Bank of American just necessities some fundamental individual data, and at any rate $25 from you, to begin the record.

- the documentation needed to help the data you gave

You need to furnish the Bank with these reports:

An primary ID (for instance, a driver's permit, or a state's given ID with photo)

A secondary ID (For instance, a school ID)

Current postage information

Social Security Number

Email address

Account number (on the off chance that you as of now have a record)

- the understanding you're going into with the bank by marking the structure

The arrangement is too long to even think about interpreting in this answer, however it basically bargains you to acknowledge the terms or administration of Bank of America. It likewise gives you data about how the Bank of America will deal with your record, and how it will ensure its security.

Explanation:

Answer and Explanation:

1. The Preparation of schedule of cost of goods manufactured for the month is prepared below:-

Primare Corporation

Schedule of Cost of Goods manufactured

Particulars                                                             Amount

Direct Materials:

Beginning Raw Material                      $11,200

Add: Raw Material purchases

during the month                                 $32,000

Total Raw Material available              $43,200

Less: Ending Raw material                   $20,000

Raw Material used in production         $23,200

Less: Indirect Material included in

manufacturing Overhead                       $4,680  $18,520

Add: Direct labor                                                   $59,300

Add: Manufacturing overhead

applied to work in process                                    $87,100

Total Manufacturing Costs                                   $164,920

Add: Beginning Work In Process                           $56,000

Less:  Ending Work in Process                               $68,500

Cost of Goods manufactured                                $152,420

2. The Preparation of schedule of cost of goods sold for the month is prepared below:-

Primare Corporation

Schedule of Cost of Goods Sold

Particulars                                                             Amount

Beginning finished Goods Inventory                    $34,900

Add: Cost of Goods Manufactured                       $152,420

Goods available for sale                                        $187,320

Less: Finished Goods Inventory, Ending               $43,700

Unadjusted cost of goods sold                             $143,620

Add: Under-applied Overhead                               $4,100

Cost of Goods Sold adjusted                                 $147,720

(Under-applied overhead refers that there was less overhead applied that is Actual overheads are more than the overhead applied, thus adding to the cost of the goods sold)

Answer:

Total Amount after 2 years = $13196.8

Explanation:

Data Given:

Amount of savings per year = $6400

Interest rate = 6.2%

Find Total Amount in account after 2 year:

Solution:

Lets consider it step by step.

Amount of money deposited in account after 1 year = $6400

After 2 years, we earn 6.2% interest on $6400,which is:

[tex]\frac{6.2}{100}\cdot6400= 396.8[/tex]

So, after 2 years, BEFORE the 2nd deposit, we have $6400 + $396.8 = $6796.8 in the account.

AFTER 2nd deposit of $6400, total amount we have in account is:

Total Amount = $6796.8 + $6400 = $13196.8

Answer: They will be losing money because there company borrowed 25,000$ and lost about 7-8%

Explanation:

Answer:

Explanation:

In a common - size income statement , the percentages are calculated using the sales value as the base figure

                          This Year                            Last year    

Sales                 7,400,000            100        5,624,000     100

Cost of Goods  4,750,000            64.2        3,513,500     62.5

Gross Margin    2,650,000           35.8         2,110,500     37.5

Selling Exp.       1,392,000            18.8          1,079,000     19.2

Admin. Exp.         704,500             9,5           608,500       10.8

Total Exp.           2,096,500          28.3          1,687,500     30.0

Net Op. Inc.          553,500            7.5              423,000     7.5

Interest Exp.          101,000             1.4                87,000      1.6

NIBT                       452,500           6.1                336,000    6.0

Answer: Conservatism

Explanation: The conservatism concept can be ncept may be explained as an accounting principle which ensures that an organization tends to be very careful in handling its finances, with the conservatism concept, financial management often lean towards an approach which tends to play down future gains and concentrate more on potential chances of losses in the future. With such approach the organization tends to be very prudent in its financial management. In other words, conservatism shifts toward a tendency to understate its asset or income rather than overstate its asset.

Answer:

The investment advisory firm which employs the investment adviser representative (IAR).

Explanation:

FINRA's rules specifically state that before any transaction, the IAR must have a signed power of attorney. The IAR cannot start trading or operating with the client's money until he/she has received a signed written power of attorney from the client. Only after the signed power of attorney has been given tot eh IAR, can he/she act on discretionary basis.

If the IAR is not a registered broker-dealer, then NASAA rules state that oral agreements are valid for up to 10 business days, but the IAR must have a written authorization after that time expires. I.e. the IAR could buy the stocks, but he/she was not authorized to sell them. So any loss is responsibility of the firm that employs the IAR.

Answer: $2,625,000

Explanation:

From the question, we are told that

Gourmet Kitchen Products reported $22.5 million of sales and $17 million of operating costs which included depreciation and that the company has $15 million of total invested capital. We were also given the after-tax cost of capital as 10% and the federal-plus-state income tax rate as 25%.

The economic value added will be the difference between the net operating profit after taxes and the invested capital which will then be multiplied by the cost of capital. This can be written as:

= ($22,500,000 - $17,000,000) × (1 - 25%) - ($15,000,000 × 10%]

= ($5,500,000 × 0.75) - ($1,500,000)

= $4,125,000 - $1,500,000

= $2,625,000

The firm's firm's economic value added (EVA) will be $2,625,000

Answer:

There is no ZOPA.

Explanation:

ZOPA here refers to the price range that is agreeable by parties to an ongoing deal, in which both negotiating parties feel satisfied.

Note that, it is possible for there to be no ZOPA when the lowest possible price by the seller is far greater than the price offered by the buyer.

In this case Alias Shipping the buyer has a reservation price that is very much lower than that of the seller thus leading to no ZOPA.

Answer:

6x + 1

Explanation:

Given

4x+2/2 -(-2x)

Required

Solve

To start with, rule of BODMAS must be applied; meaning that we start by simplifying the bracket.

4x+2/2 -(-2x) becomes.

4x + 2/2 + 2x

The next step is to simplify all divisions.

4x + 2/2 + 2x becomes

4x + 1 + 2x

Collect like terms

4x + 2x + 1

6x + 1

Hence,

4x+2/2 -(-2x) is equivalent to 6x + 1