Terry's Total Utility from both leisure and income, if she chooses to work 20 hours per week, would be 142.
Total utility is the overall satisfaction a buyer experiences after using a specific good or service. Each distinct unit of products or services has its own marginal utility. The sum of all such individual objects' marginal utilities is the total utility.
Leisure Total Utility Work Income TU from TU from
Hours from Leisure Hours Income both
(1) (2) (3) (4) (5) (6) = (5) + (2)
0 40 360 107 107
5 18 35 315 103 121
10 34 30 270 98 132
15 48 25 225 92 140
20 56 20 180 86 142
25 60 15 135 77 137
30 65 10 90 59 124
35 69 5 45 35 104
40 72 0 0 0 72
Terry had worked a total of 40 hours, not counting his free time. the three columns—work hours (Column 3), income (Column 4), and take-home pay (Column 5)—so that more work results in more income and more leisure time produces less work and lower income. Columns 2 and 5 can be added together to determine that she would have a total utility from leisure and money of 142, which is equal to 20 hours of labor.
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The real gdp is calculated using the prices in the base year, and not the contemporaneous prices.
An economy's annual output of all products and services is measured by its real gross domestic product (GDP), which is adjusted for inflation. Base-year prices are used to express real GDP.
Describe GDP.The gross domestic product, or GDP, is one of the most well-known. It is frequently quoted by governments, central banks, and the business world in books, newspapers, television news, and reports. It is frequently used these days as a benchmark to assess the state of both national and global economies.
What propels the GDP's expansion?The two primary drivers of economic growth are typically an increase in the size of the labor force and an increase in the productivity (output per hour) of that labor force.
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United pigpen is considering a proposal to manufacture high-protein hog feed. The project would require use of an existing warehouse, which is currently rented out to a neighboring firm. The next year’s rental charge on the warehouse is $100,000, and thereafter, the rent is expected to grow in line with inflation at 4% a year. In addition to using the warehouse, the proposal envisages an investment in plant and equipment of $1. 2 million. This could be depreciated for tax purposes straight-line over 10 years. However, pigpen expects to terminate the project at the end of 8 years and to resell the plant and equipment in year 8 for $400,000. Finally, the project requires an immediate investment in working capital of $350,000. Thereafter, working capital is forecasted to be 10% of sales in each of years 1 through 7. Working capital will be run down to zero in year 8 when the project shuts down. Year 1 sales of hog feed are expected to be $4. 2 million, and thereafter, sales are forecasted to grow by 5% a year, slightly faster than the inflation rate. Manufacturing costs are expected to be 90% of sales, and profits are subject to tax at 25%. The cost of capital is 12%. What is the npv of pigpen’s project?.
$686,544.07 is Pigpen's PV. The needed discounting rate is used to compute present value by discounting future cash flows.
What is present value?The needed discounting rate is used to compute present value by discounting future cash flows. The present value of future cash flows will be low if the discounting rate is higher.
In order to get a tax credit or liability, we shall compute book value.
The total of the depreciation from years 1 through 6 is the accumulated depreciation, which is the first calculation we make.
$171,480 + $293,880 + $209,880 + $149,880 + $107,160 + $107,160 = $1,039,440
We can compute book value after calculating accumulated depreciation.
Investment cost minus accumulated depreciation is the book value.
$1,200,000 - $ 1,039,440 = $ 160,560
We estimated the plant's resale value at a profit.
Profit on sales = Plant Book Value - Resale Price
$400,000 - $ 160,560 = $239,440
There will be tax owed, according to the anticipated profit from the plant's sale. The tax is calculated as follows.
$239,440 * 35 % = $83,804
The net sum that will be earned from the sale of the plant is
Revenue from Resale - Tax Owed
$239,440 - $83,804 = $155,636
Cash flow for the first year
10% of revenues plus the initial outlay for working capital
$350,000 + 10 %
*4,2000,000
$350,000 +$420,000 = $770,000
$686,544.07 is Pigpen's PV.
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albert is an employee of superfast, a delivery service. albert, while delivering goods for superfast, negligently injures melissa. melissa sues superfast for the negligent conduct of albert. superfast was not negligent in hiring or training albert. melissa can prove her actual damages were $125,000 but the jury found her 20% at fault and thus gave her an award against superfast of $100,000. superfast now sues albert for the $100,000. in a jurisdiction with traditional joint and several liability rules, what is the most likely amount superfast will recover from albert?
Because Superfast is the passive tortfeasor in this situation and wasn't careless, indemnification is the appropriate legal term rather than contribution.
What is an illustration of vicariously liable?For instance, a business (referred to as the principle) has influence over its workers. So, if an employee (referred to as the agent) causes harm to a person while performing their work duties, vicarious liability laws may be applicable to hold the corporation liable. Victims have more possible defendants in a personal injury case thanks to vicarious-liability.
What might happen as a result of the idea of vicarious liability?In the state of California, vicariously culpable parties may be held accountable for the plaintiff's medical expenses, lost wages, pain and suffering, and other losses. This is significant because the party that is "vicariously liable" may be financially better off and have more insurance coverage than the one who was directly careless or irresponsible.
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Assume that the manager of a local discount store hires you as a consultant to assess the store's available space. What suggestions would you
make In order to use the space most productively?
The suggestions I would make In order to use the space most productively as a consultant is to advice them not to be storing any fault item from the factory in their store but return them immediately, and also to make sure then go for products that can seel fast in the market.
What is productivity?Productivity serves as the effectiveness of productive effort, which is been put in by the firm and it can be measured in terms of the rate of output per unit of input.
If the store can make use of the advice, then the space will be enough to run their business effectively.
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Which part of the cycle represents a period of contraction? a b c d
The correct answer is B ) shows the decline following a peak. The second stage of the business cycle a saturation point or peak is then reached by the economy.
A trough is the point in the economic cycle when the economy transitions from a period of diminishing corporate activity to one of expansion. The recessions and expansions that result in peaks and troughs are part of the business cycle, which is the upward and downward movement of gross domestic product. The business cycle model depicts the changes over time in a country's total output and employment. The model depicts the four long-term phases of an economy: expansion, peak, recession, and trough.
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Complete Question:
Which part of the cycle represents a period of contraction? a b c d
The figure of business cycle is attached.
the indirect strategy should be used to communicate negative news when . a. the bad news is personally upsetting b. the receiver may overlook the bad news c. the bad news is expected d. firmness is necessary
The indirect strategy should be used to communicate negative news when The bad news is personally upsetting. Thus the correct option is A.
What is Negative news?Unofficial news sources or unstructured data sources like social media and online forums can both produce negative news. Be concise and straightforward to reduce the likelihood of misunderstanding while delivering any bad news.
It might be difficult to deliver bad news. Because of this, it's essential to select the best strategy, which may be direct or indirect, before delivering bad news in order to balance the situation.
Therefore, option A is appropriate.
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Senath company’s annual report reveals net credit sales of $240,000 and average accounts receivable of $20,000. The report also shows an average inventory balance of $10,000 and cost of goods of $200,000. Based on this information,the accounts receivable turnover is?.
The accounts receivable turnover is 12
Net credit sales of the company = $240,000
Average accounts receivable of the company = $20,000
Average inventory balance of the company = $10,000
Total cost of goods = $200,000
The amount of times a corporation collects its typical account over a particular period is measured by the receivable turnover ratio. It is the average number of times a business collects its accounts receivable each year. Generally, a high accounts receivable turnover ratio indicates that a firm is efficient in converting receivables to cash.
Thus,
Calculating the accounts receivable turnover -
= Net credit sales/ Average accounts receivable
= 2,40,000/20,000
= 12
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at starbucks, customers use cash or credit cards to make purchases. what control problem may occur when employees accept cash for a sale?
When employees collect cash for a sale, a control issue could arise since they might be inclined to steal.
Explain about the cash purchases?A business makes a cash purchase when it pays for products or services right away after ordering or receiving them. The supplier does not grant credit. Account payable is not established. Regardless of whether the company utilizes accrual basis accounting or cash basis accounting, the resulting expense is promptly reported to an expense account.
In contrast to the income statement, the cash flow statement records cash purchases more directly. In actuality, precise cash outflow events are completely absent from the revenue statement.
For instance, a customer might enter a store and buy an apple using a debit card. Debit cards operate similarly to cash in that they immediately deduct the amount due for the apple from the buyer's bank account. There is a cash exchange here.
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conduct a utility test at the alpha equal .05 level to determine if the labor hours variable contributes to model relationship. does the labor hours variable contribute to the relationship of x and y? why or why not?
It is because the p-value is less than 0.05, the null hypothesis is rejected. This means that the independent and dependent variables have a strong association.
What is null hypothesis?The null hypothesis in inferential statistics is that two possibilities are identical. The assumption of the null hypothesis is that the observed difference is solely the result of chance. The probability that the null hypothesis is correct can be determined by statistical tests. Conjectures used in statistical tests, which are formal techniques for drawing inferences or making decisions based on data, include the null hypothesis and the alternative hypothesis. The hypotheses are speculations about a statistical model of the population that are based on a sample of the population. The tests are essential components of statistical inference and are frequently used to distinguish between statistical noise and scientific claims in the interpretation of experimental data from science.
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does a change in the average price of water or a change in the average rent for housing have a bigger impact on the cpi? the bigger impact is from
The greater effect on CPI is caused by housing rent.
What is CPI?A consumer price index measures a market basket of goods and services that households have purchased at a weighted average price. The measured CPI fluctuates to reflect changes in prices over time.A CPI is a statistical calculation created using a sample of representative items with prices that are frequently gathered. For various categories and sub-categories of goods and services, sub-indices and sub-sub-sub-indices can be calculated. These sub-indices and sub-sub-indices are then combined to produce the overall index, with weights reflecting their shares in the total of the consumer expenditures covered by the index.In the given situation:
The bigger impact is brought on by housing rent. In the housing sector, which accounts for the lion's share of a typical household's spending, rent is the biggest expense.Therefore, the greater effect on CPI is caused by housing rent.
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How does the Fed use interest on reserves?.
The Federal Reserve (Fed) controls the Federal Funds Rate and steers it within its upper and lower target range boundaries using the Interest Rate on Reserves.
What is Federal Reserve ?The United States of America's central banking system is called the Federal Reserve System. With the passage of the Federal Reserve Act on December 23, 1913, it was established in response to the need for centralised control of the monetary system to prevent financial crises following a string of financial panics.There are multiple tiers to the Federal Reserve System. The Federal Reserve Board, which is comprised of governors selected by the president, oversees it (FRB). Privately-owned commercial banks are governed and supervised by twelve regional Federal Reserve Banks, which are dispersed across the country's cities.Commercial banks with national charters are required to own stock in the local Federal Reserve Bank and have some board member elections.Monetary policy is decided by the Federal Open Market Committee (FOMC). There are twelve regional Federal Reserve Bank presidents as well as all seven board of governors members, but only five of them can vote at once, including the president of the New York Fed and four others who alternate one-year voting terms.To learn more about Federal Reserve refer :
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the ronnie company has sales per share of $25.37. if the ps ratio is 1.47 times, what is the stock price?
The stock price is $37.30
Sales per share S = 25.37
PS ratio = 1.47 times
PS ratio = Price to sales ratio = P/S
P/S = 1.53
Price per share = (P/S) * Sales per share
Price per share = 1.47 * 25.37
Price per share = $37.2939
Price per share = $37.30
Inventory consists of the stocks of which ownership of a company or agency is split. A unmarried share of the inventory way fractional ownership of the employer in percentage to the whole quantity of stocks.
A stock is a general term used to explain the possession certificate of any corporation. A proportion, on the other hand, refers to the inventory certificates of a specific company. keeping a specific agency's proportion makes you a shareholder. Description: shares are of two kinds—common and preferred.
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Carlos has identified specific actions to take so that they might fulfill a future responsibility in the coming years. What might be their next step?.
The precise actions that might meet the future obligation include coming up with ways to make certain behaviors a daily habit.
How does brainstorming work?
A group problem-solving technique called brainstorming involves the impromptu introduction of original ideas and solutions.
What are the top three brainstorming techniques?
The three steps of a normal brainstorm are idea collection, debate and critique, and selection.
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which type of intergovernmental tool allows the national government to influence the budget decisions of state and local governments by providing them money that can only be spent narrowly on a national priority?
Federalism allows the national government to influence the budget decisions of state and local governments
Federalism is a hybrid or compound type of government that integrates a central government (the "federal") with provincial, state, cantonal, territorial, and other sub-unit governments to create a single political system. Federalism offers ways for these many groups to work together to handle shared interests, but it also allows for some degree of independence from the central state's institutions.
Federalism is a compromise meant to eliminate the flaws in both systems. In a federal system, the federal and state governments share power. The Constitution states that while some powers are explicitly reserved for state governments, others belong to a central government.
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what role does the production possibility frontier (ppf) model have in making business decisions regarding specialization and trade?
The production possibility frontier (PPF) is a decision-making tool for managers deciding on the optimum product mix for the company.
Identification of a decision, information collecting, and evaluation of potential solutions are all steps in the decision-making process.
By arranging pertinent facts and identifying options, a step-by-step decision-making process can assist you in making more careful, considered decisions. It is more likely that you will select the one that will satisfy you the most if you take this strategy.
Choose the choice, You understand that you must choose. Define the type of decision you must make as precisely as possible. It's crucial to start with this step.
Compile pertinent data, Before you make a choice, gather some relevant data, including what information is required, the best sources to use, and how to obtain it. Both internal and external "labor" are required for this level. A search engine will let you find some internal information.
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if an investor asks a registered representative to underline the most important facts in a mutual fund prospectus, the rr:
A mutual fund prospectus contains information about the objectives and strategies of a particular fund or group of funds, as well as specifics about the fund's management, management style, and financial information.
An enforceable agreement between a fund and its fund holder is a prospectus. Because it's easy to get lost in all the legalese and miss the information that matters most to you, we've provided an outline of the sections to which special attention should be paid. You should be aware that each fund's prospectus information may be organized in a different way.
Investment Objectives -
These are the fund's financial goals, and they are reflected in the kind of securities chosen to help achieve them. Long-term capital growth, consistent income, high total return, etc. are only a few examples of the various types of investment goals.
Investment Strategies -
This section of the prospectus explains how a fund manages and distributes its assets to meet its investment objectives. When creating such a strategy, consideration is given to determining net asset value objectives, selecting an asset allocation, establishing investment limits, and deciding whether (and how) to use derivatives.
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which of the following is true regarding individual accountabilities? they are shared when the team is assigned to the project. they are usually included in resource agreements. they are used more for activities than tasks. they often include a protocol for sharing information with all project team members.
The statement that is true regarding individual accountabilities is option D. they often include a protocol for sharing information with all project team members.
Who is an accountable person?An accountable person is a taxable individual who supplies taxable goods or services in the State. Individual accountability happens when the activities of each individual is reviewed and the outcome are return to the group and the individual in order to identify those need further help and support in learning.
Therefore, the correct answer is as given.
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The truth regarding individual accountabilities they are shared when the team is assigned to the project. Option A and D
What is individual accountabilities?Generally, Individual responsibility is achieved when each person's performance is evaluated, and both the group and the individual receive feedback on the assessment's findings in order to determine which members of the group require additional teaching and guidance in their academic pursuits.
The following are some instances of taking responsibility for one's actions: recognizing and owning up to one's error, communicating it to those who have been negatively impacted, and offering assistance to those who are attempting to solve the problem.
Putting aside time for introspection and making a conscious effort to grow from past failures and weaknesses. When aid is needed, it's important to ask for it.
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Jeff bezos awarded which singer the courage and civility award along with $100 million to be distributed to charities as she sees fit?.
Jeff Bezos presents Dolly Parton with a $100 million prize, saying, "I will try to do good things with this money." Dolly Parton, a star of country music, is no stranger to philanthropic generosity.
Dolly Parton receives $100 million from Jeff Bezos to donate to organisations of her choice. The well-known singer and businesswoman has made use of her success to aid others, particularly in the field of education. The donation matches two made by Bezos to activist Van Jones and chef Jose Andrés last year. Parton received the "Courage and Civility" award from Jeff Bezos, the founder of Amazon, in celebration of her long history of charitable work.
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You are an analyst preparing a forecast of the effects of macroeconomic changes in the economy. What happens to prices and gdp when imported inputs become cheaper?.
Answer:
A country's exchange rate can affect the price of its goods and services. When the value of its currency goes up against that of another country, its imports become cheaper. This can result in a decrease in the country's exports.
Explanation:
which one of the following is not a primary market function of investment bankers? originating underwriting selling making loans
Making loans is not a primary market function of investment bankers.
A person who frequently works for a financial institution and is primarily focused on generating cash for businesses, governments, or other entities is known as an investment banker.
The main responsibility of an investment banker, who works for a financial institution, is to raise money for businesses, governments, or other organizations.
The investment banking industry is well-liked since salaries are frequently high.
Investment bankers must be adept at crunching numbers, have strong oral and written communication skills, and be able to put in long arduous hours.
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In 2004, an employee of a company produced a diamond so small that it takes a microscope to see it. the diamond is five-billionths of a carat. which is five billionths written in scientific notation?
The scientific notation for the diamond is five-billionths of a carat is 5 multiply by 10 to the power nine.
What does the term "company" mean?A group of people can form a legal entity called a company to run and manage a commercial or industrial business. Depending on the corporate legislation of its jurisdiction, a corporation may be set up in a variety of ways for tax and financial liability reasons.
What does "company" mean?The Latin words "com" and "panis," which mean "together" and "bread," respectively, are the roots of the English word "company." It initially explained how traders would congregate, swap tales, eat meals together, and conduct business.
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what would cause the level of demand (meaning the relationship between price and quantity demanded) to shift?
The level of demand (meaning the relationship between price and quantity demanded) can shift: Population grows in a particular market area.
What is demand?Demand can be defined as the amount of goods or product consumer are willing or ready to buy at a particular period of time.
Some factors can tend to cause demand to shift to either right or left or contribute to shift in demand and this factors includes the following:
Change in consumer tastes or preferenceIncomePopulation grows in a particular market area etc.Therefore the when demand shift it can lead to increase or decrease in the quantity demanded.
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when different sequences of operations are required for creating small batches of different products, the type of design or layout used is the
when different sequences of operations are required for creating small batches of different products the type of design or layout used is the process layout.
One kind of facility plan is a process layout. Process layouts are frequently used by businesses to create floor designs and set up equipment in a way that maximizes efficiency.
Workstations, machines, tools, and other equipment may be grouped in plants with a process structure based on the tasks they carry out. Professionals frequently refer to these arrangements as "functional layouts" because equipment typically belongs to the same group when it performs similar functions.
A process layout's main objective is to enable manufacturing companies to offer a range of products or services that each need many processing steps. Process layouts can provide many types of organizations—including hospitals, banks, auto repair shops, schools, libraries, universities and manufacturing plants—with significant benefits,
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the doubleclick tech fund calculate net asset value two times every day. the first nav is set at noon eastern time. when will the second calculation take place?
The DoubleClick tech fund calculates Net Asset Value (NAT) two times every day. The first nav is set to calculate at noon Eastern time. While the second calculation will take place at the end of each business day.
Net Asset Value (NAV) is the value of a 'fund’s assets minus the value of its liabilities'. The term 'net asset value' is commonly used in association with mutual funds and is used to calculate the value of the assets held. According to the SEC, it is required to update Net Asset Value at least once every business day after the U.S. stock market closes, usually between 4 p.m. and 6 p.m.
Therefore the DoubleClick tech fund company will perform its second Net Asset Value calculation at the end of every business day according to the closing price of all the securities that the respective mutual fund schemes own after doing appropriate adjustments.
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Mangroves and coral reefs are examples of ________ in the ocean.
Answer: I hope this is helpful
Explanation:
Sea is the answer because it shows that what apart of I think this is the answer
Mangroves and coral reefs are examples of marine ecosystem in the ocean.
What is an ecosystem?An ecosystem is a group or community of living organisms with the non-living components and their interaction with each other and the surrounding environment.
An ecosystem is a structural and functional unit of ecology where the living organisms interact with each other and their surrounding environment.
The structure of an ecosystem is characterized by the organization or interaction of both biotic and abiotic components. It includes the distribution of energy in the environment and also the climatic conditions prevailing in that particular environment.
Like mangroves and coral reefs are examples of marine ecosystem in the ocean.
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for items categorized as leverage items, what type of process is typically preferred when determining the price you will pay for the items?
The preferred process for determining the price of leverage items are
Cost-plus pricingCompetitive pricingPrice skimmingPenetration pricingValue-based pricingWhat are the leverage items ?Due to the large number of companies who produce them, despite the great value and expense to the client, there is no supply risk. The supplier must demonstrate that its offer lowers the client's overall cost since it is aware that the consumer will evaluate market options and costs.Products known as leverage items are those whose profits to the buyer account for a sizable portion of the market. Switching suppliers is simple. The caliber is uniform. Buyer-dominated, somewhat interdependent buyer-seller power dynamic.Using your entire purchasing power, switching out items or suppliers, and putting large quantities of purchases are all purchasing strategies to take into account here.Learn more about Leverage items refer :
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questions regarding the delivery of products, how much inventory to carry, and which suppliers to use are all part of the
questions regarding the delivery of products, how much inventory to carry, and which suppliers to use are all part of the a component of the marketing mix is place.
Marketing refers to the activities a company carries out to promote the acquisition or sale of a products or service. Marketing includes all three of these activities: selling and distributing items to clients or other businesses. Affiliates help a company with some of its marketing. One of the main strategies employed by marketing and promotion experts to pique the interest of significant target markets is advertising. Celebrity endorsements, catchy taglines or slogans, eye-catching packaging or graphic designs, and general media exposure are all examples of targeted promotions. Marketing is any activity a business engages in to draw a target audience to its products or services through compelling messaging. In order to demonstrate product value, build brand loyalty, and eventually boost sales, marketing seeks to provide standalone value for prospects and customers through content.
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when a business sells a fully depreciated asset for its residual value, is a gain or loss recognized?
when a business sells a fully depreciated asset for its residual value there would be no gain or loss on the sale of the asset.
What happens when you sell an asset that is fully depreciated?Asset disposal takes place with a single entry in the general journal when an asset has reached the end of its useful life and has been fully depreciated. The applicable asset account is credited, while the cumulative depreciation account is debited.Because both the cash revenues and carrying amounts on the sale of an asset have zero net book value and zero salvage value, no gain or loss is realized.Taxpayers should take into account that some or all of the depreciation claimed on a depreciable item may be subject to recapture as ordinary income when purchasing or selling the asset.Taxpayers should take into account that some or all of the depreciation claimed on a depreciable asset may be subject to recapture as ordinary income when purchasing or selling the asset.Learn more about Asset disposal refer :
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research shows that a positive relationship exists between organizational commitment and: multiple select question. compensation. turnover. job satisfaction
Research shows that a positive relationship exists between organizational commitment and job satisfaction.
As it deals with an employee's favorable attitude toward the organization rather than her own job, organizational commitment can be seen as an extension of job satisfaction.
In the fields of organizational behavior and human resource management, job satisfaction is among the phenomena that has been studied the most. The typical definition of it is "a pleasant or positive emotional state coming from the evaluation of one's employment." One of the most important components of work motivation, which is a significant factor in determining behavior in an organization, is job satisfaction.
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u.s. employment (on a percent basis) in the manufacturing and agricultural sectors has decreased over the last 150 years because:
U.S. employment (on a percent basis) in the manufacturing and agricultural sectors has decreased over the last 150 years because Technology has enabled and driven fundamental changes in the U.S. economic structure.
Where most of the economic growth has occurred in the manufacturing and then service sector and agriculture can be done efficiently with fewer people.
While the triple backside line carries the social, cost-effective, and environmental (humans, Planet, income) dimensions of sustainable development, it no longer explicitly addresses the fourth dimension: time. The time dimension specializes in preserving modern-day value in all 3 other dimensions for later.
No longer effectively does the monolith deliver information about the cosmos to proto-human beings, however, the loss of life of Bowman possibly augurs a new future for people, and so the film ends.
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