Textel Company should buy the product from the subcontractor.
The current cost of manufacturing 1,000 units is calculated by adding direct material ($45,000), direct labor ($30,000), and factory overhead ($98,000) which totals to $173,000.
If they use the incremental increase method, the factory overhead becomes 1/3 of $98,000 which is $32,667, making the total cost $107,667.
Comparing this to the subcontractor's offer of $100,000, it is more cost-effective for Textel to purchase the product from the subcontractor.
Summary: Since the subcontractor's offer of $100,000 is lower than both current manufacturing costs ($173,000) and the incremental increase method ($107,667), Textel should buy the product from the subcontractor to save on costs.
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william, a 17-year-old high school student, chooses products in the grocery store by looking at the pictures on the labels of the goods on the shelves because he cannot read many of the words. william would be considered: question 11 options: a) functionally illiterate. b) innumerate. c) unschooled. d) functionally literate.
Based on the information provided, the most suitable option is (a) functionally illiterate, as it aligns with William's difficulty in reading words on product labels.
To answer this question, we need to understand the meaning of each term provided in the options and relate them to William's situation.
a) Functionally illiterate: A person who has difficulty reading and writing at a level required for daily life activities.
b) Innumerate: A person who has difficulty understanding and working with numbers.
c) Unschooled: A person who has not received formal education or schooling.
d) Functionally literate: A person who has sufficient reading and writing skills for everyday life.
In William's case, he is a 17-year-old high school student who has trouble reading words on product labels in the grocery store. This indicates that he struggles with reading and writing in everyday situations.
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When a product is in the growth stage of its product life cycle, it is necessary to ensure that:
a. advertising and public relations continue to remain important.
b.all elements of the promotional mix are equally utilized.
c.persuasive and reminder advertising are decreased.
d.personal selling is reduced to a large exte
a. advertising and public relations continue to remain important.
During the growth stage of the product life cycle, the product gains acceptance in the market and experiences a rapid increase in sales. At this stage, it is crucial to continue building brand awareness and promoting the product to attract new customers. Advertising and public relations play an essential role in achieving this goal. Companies should continue to invest in advertising to reinforce the product's benefits and unique selling proposition. Public relations can help generate positive word-of-mouth and improve the brand's reputation. Personal selling may also be necessary to reach potential customers and persuade them to try the product. Therefore, it is essential to utilize all elements of the promotional mix, but advertising and public relations should continue to remain important.
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If M = 10,000, P = 2, and Y = 20,000, then velocity =
Select one:
a. 8. Velocity will rise if money changes hands less frequently.
b. 8. Velocity will rise if money changes hands more frequently.
c. 4. Velocity will rise if money changes hands less frequently.
d. 4. Velocity will rise if money changes hands more frequently.
The correct answer is c. The equation of exchange in macroeconomics is MV = PY, where M is the money supply, V is the velocity of money, P is the price level, and Y is real GDP. By rearranging the equation, we can solve for velocity: V = PY/M.
Using the given values, we can calculate velocity as follows: V = (2 x 20,000)/10,000 = 4.
Therefore, the correct answer is c. Velocity will rise if money changes hands less frequently. This is because velocity is inversely related to the amount of time it takes for money to change hands. In other words, if money changes hands less frequently, then velocity will be lower, and if money changes hands more frequently, then velocity will be higher.
An increase in velocity means that the same amount of money is being used to purchase more goods and services, which can lead to inflationary pressures. Conversely, a decrease in velocity means that the same amount of money is being used to purchase fewer goods and services, which can lead to deflationary pressures.
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fans set up a crowdfunding account to produce new, not-for-profit episodes of star trek. this type of crowdfunding uses the approach. a. equity investing b. pre-purchases c. rewards d. donations
The type of crowdfunding being used when fans set up an account to produce new, not-for-profit episodes of Star Trek is (d) donations.This method is commonly used for creative, artistic, or charitable projects that aim to provide value to a community or fan base.
The type of crowdfunding used by fans to produce new, not-for-profit episodes of Star Trek is donations. This approach involves individuals contributing money to a cause or project without the expectation of receiving anything in return other than the satisfaction of supporting the cause. Donations can be made through crowdfunding platforms like Kickstarter, GoFundMe, or Patreon. In this case, fans of Star Trek are using their own funds to finance new episodes that are not officially sanctioned by the franchise owners. While not-for-profit, this crowdfunding campaign may offer rewards to donors, such as exclusive access to behind-the-scenes content or a special thank-you message. However, these rewards are not the primary motivation for making a donation, and the campaign is not offering equity investing or pre-purchases of a product.
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in order to form a limited liability company articles of organization must be filed with a central state agency. true
True. in order to form a limited liability company articles of organization must be filed with a central state agency.
In order to form a limited liability company (LLC), articles of organization must be filed with a central state agency. The articles of organization provide information about the LLC, such as its name, address, and the names of its members. Additionally, the articles of organization outline the LLC's operating agreement, which establishes the rules and regulations that govern the LLC's operations and management. Once the articles of organization are filed and approved by the state agency, the LLC becomes a legally recognized business entity with limited liability protection for its members.
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the severity of the crowding-out effect will be decreased if:a. the fed increases the money supply at the same time the federal government increases government spending.b. the fed decreases the money supply at the same time the federal government increases government spending.c. the fed does not change the money supply when the government increases government spending.d. business firms become pessimistic about the future.
The crowding-out effect refers to a situation where increased government spending leads to higher interest rates, which in turn, reduces private investment spending.
The severity of this effect depends on a variety of factors, including the actions of the Federal Reserve, business sentiment, and government spending policies.In option a, if the Fed increases the money supply at the same time the federal government increases government spending, it could help offset the crowding-out effect. This is because the increased money supply would help keep interest rates lower, making it more attractive for private businesses to borrow and invest.In option b, if the Fed decreases the money supply at the same time the federal government increases government spending, it would likely exacerbate the crowding-out effect. This is because the reduced money supply would increase interest rates, making it less attractive for private businesses to invest.In option c, if the Fed does not change the money supply when the government increases government spending, the severity of the crowding-out effect would depend on other factors such as the overall state of the economy and private sector sentiment.Option d is not directly related to the crowding-out effect but could impact private investment spending. If business firms become pessimistic about the future, they may hold back on investing, regardless of the actions of the Fed or government spending policies.In summary, the severity of the crowding-out effect depends on a variety of factors, and the optimal policy response will depend on the specific circumstances at hand.
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durango co. has cash receipts of $120,000 and total cash disbursements of $112,500. durango co. started with a beginning cash balance of $4,000 and desires an ending cash balance of $8,000. durango co. can borrow money in $1,000 increments. how much does durango co. need to borrow?
Durango Co. has a cash surplus of $7,500 ($120,000 - $112,500), which is a positive sign. However, the company still needs to borrow money to meet its desired ending cash balance of $8,000.
To determine the amount that Durango Co. needs to borrow, we need to calculate its net cash flow. Net cash flow is calculated by subtracting total cash disbursements from cash receipts. In this case, net cash flow is $7,500 ($120,000 - $112,500). To reach the desired ending cash balance of $8,000, Durango Co. needs to increase its cash balance by $4,000 ($8,000 - $4,000). Since Durango Co. can only borrow money in increments of $1,000, it needs to borrow at least $4,000 to reach its desired ending cash balance. Therefore, Durango Co. needs to borrow $4,000, which will bring its total cash balance to $11,500 ($4,000 beginning balance + $7,500 net cash flow). This will allow Durango Co. to meet its desired ending cash balance of $8,000 while still having a cash surplus of $3,500.
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The concept that an assessment is truly assessing what is meant to be assessed is called Validity. (True or False
The given statement, "the concept that an assessment is truly assessing what it is meant to be assessed is called Validity" is true because validity refers to the degree to which an assessment measures what it is supposed to measure and whether the interpretation of the assessment results is appropriate for the intended use.
There are different types of validity that can be considered when evaluating an assessment. Content validity, for example, refers to whether the assessment measures the relevant content or skills that it is designed to measure. Construct validity, on the other hand, refers to whether the assessment measures the underlying construct or trait that it is intended to measure.
Validity is important because it ensures that the results of an assessment are meaningful and relevant for the intended purpose. If an assessment lacks validity, then the results may not be accurate or reliable, which can have negative consequences for individuals or organizations that rely on the assessment results for decision-making purposes.
In conclusion, validity is a crucial aspect of assessment design and interpretation. It ensures that an assessment measures what it is intended to measure and that the results are appropriate for the intended use. A valid assessment is essential for making accurate and reliable decisions based on assessment results.
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The best heading for the given scenario would be "Assessing various locations and choosing the one that best suits your store." This heading effectively captures the main idea of the content that follows.
Choosing a good store location is an important aspect of starting a successful business. It involves assessing various locations and selecting the one that best suits the needs and goals of your store. By evaluating different sites, you can determine which one provides the ideal conditions for conducting daily business operations.
When assessing locations, you should consider factors such as the target market, competition, accessibility, visibility, and costs. For example, you may analyze the demographics of the area to ensure it aligns with your target customers. Additionally, you may evaluate the proximity to other stores and the ease of transportation for both customers and suppliers.
By thoroughly assessing various locations, you can make an informed decision that will contribute to the long-term success of your store.
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a pure risk is where there is: a.a possibility of either profit or loss. b.a possibility of neither profit nor loss. c.only the possibility of profit. d.only the possibility of loss or no loss.
A pure risk is a type of risk where there is only the possibility of loss or no loss, and there is no possibility of profit. This type of risk is commonly associated with events or circumstances that are beyond an individual's control, such as natural disasters, accidents, and illnesses. The correct option is d.
Pure risks are considered to be the most insurable type of risk, as they can be quantified and managed through the use of insurance policies.
One example of a pure risk is a car accident. If a driver is involved in car accident, there is a possibility that they will suffer losses such as medical bills, car repairs, and lost wages. However, there is no possibility of profit from this situation. The driver can only hope to minimize their losses through insurance coverage.Another example of a pure risk is a fire. If a home or business is damaged or destroyed by a fire, the owner may suffer losses such as property damage and lost income. However, there is no possibility of profit from this situation. The owner can only hope to minimize their losses through insurance coverage.In summary, pure risks are characterized by the possibility of loss or no loss, and they are insurable through the use of insurance policies.Know more about the pure risk
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you are the brigade executive officer for an ibct. it is september 1st, 2021 and your brigade s8 just informed you that the class viii account is obligated at $200k but billings/invoices only amount to $150k. what actions should you take?
As the brigade executive officer for an IBCT, it is important to ensure that all accounts are balanced and funds are utilized properly.
In this scenario, the class VIII account is obligated at $200k but billings/invoices only amount to $150k. This means that there is a discrepancy of $50k that needs to be addressed immediately. The first action that I would take is to meet with the brigade S8 to understand the nature of the discrepancy and investigate any possible reasons for the discrepancy. This will help to identify any potential errors or issues that may need to be corrected.Next, I would review the budget for the class VIII account and identify any areas where funds can be reallocated to cover the $50k discrepancy. This may involve shifting funds from other accounts or seeking additional funding from higher headquarters. I would also communicate with the contracting office to ensure that all invoices and billings have been processed and accounted for. This will help to identify any potential delays or errors in the billing process that may have contributed to the discrepancy.Finally, I would ensure that appropriate measures are put in place to prevent similar discrepancies from occurring in the future. This may involve implementing better accounting practices, conducting regular audits, and providing additional training to personnel responsible for managing the class VIII account.
Overall, it is important to address this issue promptly and thoroughly to ensure that the class VIII account is properly managed and funds are utilized in the most effective and efficient manner possible.
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the financially independent firm or individual that acts as the bondholders' representative is the
The financially independent firm or individual that acts as the bondholders' representative is known as the trustee. A trustee is appointed to ensure that the bondholders' interests are protected and that the terms of the bond agreement are upheld.
The trustee acts as a mediator between the issuer of the bond and the bondholders, representing the bondholders' interests in matters such as interest payments, principal repayments, and enforcement of the bond covenants. Trustees are typically selected by the issuer of the bond and are required to be financially independent to avoid any conflicts of interest. They are responsible for monitoring the financial condition of the issuer and ensuring that all payments due to the bondholders are made on time. Trustees also have the power to enforce the bond covenants and take legal action against the issuer if necessary.
In summary, bondholders rely on trustees to act as their representative in ensuring that their investment is financially protected. Trustees are selected for their financial independence and are responsible for monitoring the issuer's financial condition and ensuring that the terms of the bond agreement are upheld. Their role is crucial in maintaining the trust and confidence of bondholders, which is essential for the successful issuance and trading of bonds.
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the systems development life cycle is comparable to the ipo method, but is used for:
Answer:
The Systems Development Life Cycle (SDLC) and Initial Public Offering (IPO) method are two distinct processes used in different contexts.
Explanation:
The SDLC is a framework used in software engineering and information systems development to guide the creation, implementation, and maintenance of software systems.
It encompasses a series of phases or stages that include requirements gathering, system design, coding/development, testing, deployment, and maintenance.
The SDLC provides a structured approach to ensure that software systems are developed efficiently and effectively, meeting user requirements and quality standards.
On the other hand, the IPO method refers to the process by which a privately-held company transitions to a publicly-traded company by offering its shares to the public for the first time through an initial public offering.
This method involves various steps such as selecting underwriters, preparing financial statements, drafting a prospectus, conducting due diligence, marketing the offering to potential investors, setting the IPO price, and listing the shares on a stock exchange.
While both the SDLC and the IPO method involve a series of steps or stages, they serve different purposes.
The SDLC is used for developing software systems, whereas the IPO method is used for transforming a privately-held company into a publicly-traded one.
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on december 1, victoria company signed a 90-day, 6% note payable, with a face value of $15,000. what amount of interest expense is accrued at december 31 on the note? (use 360 days a year.) $0 $75 $900 $225 $300
The interest expense accrued is $225. the amount of interest expense accrued at December 31 on the note is $225.
Follow these steps;
1. First, determine the length of the accrual period, which is from December 1 to December 31. This is a total of 31 days.
2. Next, calculate the annual interest rate as a decimal: 6% = 0.06.
3. Calculate the annual interest expense by multiplying the face value of the note ($15,000) by the annual interest rate (0.06): $15,000 x 0.06 = $900.
4. Determine the daily interest expense by dividing the annual interest expense ($900) by 360 days (using 360 days in a year): $900 / 360 = $2.50.
5. Finally, calculate the accrued interest expense for the 31-day period by multiplying the daily interest expense ($2.50) by the number of days (31): $2.50 x 31 = $225.
So, the amount of interest expense accrued at December 31 on the note is $225.
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phoenix agency leases office space. on january 3, phoenix incurs $72,600 to improve the leased office space. these improvements are expected to yield benefits for 8 years. phoenix has 6 years remaining on its lease. compute the amount of amortization expense that should be recorded the first year related to the improvements. $12,100. $18,700. $9,075. $6,600. $15,675.
The amount of amortization expense that should be recorded the first year related to the improvements is $9,075.
To calculate the amortization expense, first determine the total cost of the improvements ($72,600) and divide it by the expected benefits duration (8 years).
This gives you a yearly amortization amount of $9,075. Since Phoenix has only 6 years remaining on its lease, the amortization expense should be calculated over these 6 years.
However, since the question asks for the first-year expense, we will use the yearly amount calculated for the full 8 years.
Summary: Phoenix incurs $72,600 for improvements, which are expected to yield benefits for 8 years. With 6 years remaining on its lease, the amortization expense recorded for the first year related to the improvements is $9,075.
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takeover constraint describes multiple choice legal constraints that limit the ability of the raiders to acquire a firm. constraints placed by the firm on raiders who want to take over the firm. the risk of being acquired by a hostile raider. provisions in the charter of a company that prevents it from attempting a takeover of other companies.
Answer:
Takeover constraint describes legal constraints that limit the ability of the raiders to acquire a firm.
Takeover constraints are legal measures that are designed to make it more difficult for hostile takeovers to succeed. They can take a variety of forms, such as:
Poison pills: A poison pill is a type of takeover defense that makes it more expensive for a hostile bidder to acquire a company. For example, a company might issue a large number of new shares of stock that are only available to existing shareholders. This would dilute the ownership stake of the hostile bidder and make it more difficult for them to gain control of the company.
Golden parachutes: A golden parachute is a type of contract that provides generous severance packages to top executives in the event of a takeover. This can make it more difficult for a hostile bidder to acquire a company, as they would need to raise enough money to pay out the golden parachutes.
Staggered boards: A staggered board is a type of corporate governance structure in which the terms of directors are staggered so that only a portion of the board is up for election each year. This makes it more difficult for a hostile bidder to gain control of the board of directors and take over the company.
Takeover constraints are designed to protect the interests of shareholders and to ensure that takeovers are conducted in a fair and orderly manner. They can also help to prevent corporate raiders from acquiring companies at fire sale prices.
Explanation:
the best way to handle individual retirement account (ira) rollovers is to arrange for the transfer of funds from one firm to another. group of answer choices true false
The statement is true.
The best way to handle Individual Retirement Account (IRA) rollovers is to arrange for the transfer of funds from one firm to another. This method ensures a seamless transition, avoids potential tax penalties, and maintains the tax-deferred status of the account.
The most efficient and safest way to handle an IRA rollover is to arrange for a direct transfer of funds from one IRA custodian to another, instead of receiving the funds directly and then rolling them over to another IRA within 60 days. This helps to avoid potential tax penalties and ensures that the rollover is properly executed.
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Which of the following is correct concerning the presentation of the budgetary comparison schedule?
a. A Fiscal Budget column is optional.
b. The Actual column is presented using the governmentâs budgetâs budgetary basis of accounting.
c. The Variance column is required.
d. The budgetary comparison schedule is prepared for all governmental funds.
Option b is correct concerning the presentation of the budgetary comparison schedule. The Actual column is presented using the government's budget's budgetary basis of accounting.
This means that the actual amounts reported in the schedule must be consistent with the basis of accounting used to develop the original budget. This allows for a clear comparison between the budget and the actual amounts, which helps to evaluate whether the government has managed its financial resources efficiently.
Option a is incorrect as a Fiscal Budget column is mandatory. Option c is also incorrect as the Variance column is not required, but it is a useful tool for analyzing the differences between the budgeted and actual amounts. Option d is also incorrect as the budgetary comparison schedule is only required for the general fund and major special revenue funds.
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the best estimate of the total month 1 variable cost for cleaning and maintenance is:
Based on the data and assumptions provided, the best estimate of the total month 1 variable cost for cleaning and maintenance would be $7,500. This is calculated by adding up the estimated costs of labor ($2,500), supplies ($2,000), and equipment rental ($3,000).
It is important to note that this is just an estimate and actual costs may vary depending on various factors such as the size and condition of the facility, the frequency of cleaning, and the availability and cost of supplies and equipment.
It is recommended to regularly review and adjust the budget as needed to ensure that expenses stay within the allotted budget and do not negatively impact the overall financial health of the business.
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The best estimate of the total month 1 variable cost for cleaning and maintenance depends on various factors such as the size of the area to be cleaned, the frequency of cleaning, the type of equipment and supplies required, and the hourly rate of the cleaners.
To arrive at a more accurate estimate of the total month 1 variable cost for cleaning and maintenance, you would need to consider the following:
1. Size of the area: The larger the area to be cleaned, the higher the variable cost. For instance, a small office would require less time and resources to clean compared to a large commercial building.
2. Frequency of cleaning: The number of times the area needs to be cleaned per week or month would also affect the variable cost. More frequent cleaning would require more resources and time, thus increasing the cost.
3. Type of equipment and supplies required: The type of equipment and supplies used for cleaning would also impact the variable cost. For example, using high-quality cleaning products and equipment would increase the cost compared to using cheaper alternatives.
4. Hourly rate of the cleaners: The hourly rate of the cleaners would also be a significant factor in determining the variable cost. The more experienced and skilled the cleaners, the higher their hourly rate would be.
Considering these factors, you could arrive at a best estimate of the total month 1 variable cost for cleaning and maintenance by calculating the hourly rate of the cleaners, estimating the time required to clean the area, and factoring in the cost of equipment and supplies.
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if an employee working in a non-credit reduction state has year-to-date earnings subject to futa tax of $6,450 prior to the current period and earns $825 during the current period, the associated futa tax owed by the employer is $
The total FUTA tax owed by the employer is $49.50.
If the employee is working in a non-credit reduction state and has year-to-date earnings subject to FUTA tax of $6,450 prior to the current period and earns $825 during the current period, the associated FUTA tax owed by the employer is calculated as follows:First, we need to determine the taxable FUTA wages for the current period, which is the $825 earned during the current period since the year-to-date earnings have already been subject to FUTA tax.
Next, we calculate the FUTA tax rate for the employer, which is 6.0%.Then, we multiply the taxable FUTA wages for the current period by the FUTA tax rate to get the FUTA tax owed by the employer for the current period, which is $49.50.Since the state is a non-credit reduction state, the employer cannot claim any credits against the FUTA tax owed, so the total FUTA tax owed by the employer is $49.50.
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after graduation you open an injection molding fabrication shop. you are contacted by a potential customer for a quote to produce a part for them. they want 50,000 parts/year for 5 years. you estimate that making the mold will cost $60,000. additionally, you estimate that labor and materials costs will be $20,000 per year. if you have a marr of 12%, what is the minimum price per part you should quote your potential customer to achieve your marr
The minimum price per part that should be quoted to achieve a MARR of 12% is $0.76. The cost of producing 50,000 parts per year for 5 years is estimated to be $20,000 per year, which includes the cost of labor and materials. In addition to this, the cost of creating the mold for the part is $60,000.
To determine the minimum price per part, the total cost of production must be divided by the total number of parts produced over the five-year period. The total cost of production over the five years is estimated to be $160,000 ($60,000 + ($20,000 x 5)), and the total number of parts produced over the five years is 250,000 (50,000 parts/year x 5 years).
The minimum price per part that should be quoted to achieve a MARR of 12% is calculated by dividing the total cost of production by the total number of parts produced over the five years and then adding the MARR. Therefore, the minimum price per part is:
Minimum Price per Part = (Total Cost of Production / Total Number of Parts Produced) + MARR
Minimum Price per Part = ($160,000 / 250,000) + 0.12
Minimum Price per Part = $0.64 + 0.12
Minimum Price per Part = $0.76
Therefore, the minimum price per part that should be quoted to achieve a MARR of 12% is $0.76. It is important to note that this is the minimum price and that a higher price could be quoted to increase profitability. However, it is important to remain competitive in the market and ensure that the price quoted is not too high for the customer to accept.
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if the economy starts at 5% unemployment and 5% inflation then if the federal reserve pursues a contractionary monetary policy, in the short run the economy moves to
In the short run, the economy will experience lower output and higher unemployment due to the contractionary monetary policy. However, inflation will decrease as well.
Contractionary monetary policy involves increasing interest rates and reducing the money supply to decrease spending and inflation. This will lead to a decrease in aggregate demand, lower output, and higher unemployment in the short run. With reduced spending, firms will produce less and hire fewer workers, leading to higher unemployment. However, over time, as inflation decreases due to reduced demand, interest rates may fall, leading to an increase in investment and economic growth. The effectiveness of contractionary monetary policy depends on the state of the economy and the timing of the policy implementation.
If the economy is already in a recession, contractionary policy may worsen the situation and lead to deflation. Therefore, the central bank must carefully evaluate the current economic conditions and make informed decisions to achieve its objectives.
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which of the following is not an advantage of a mutual fund? multiple choice cheaper transactions costs diversification monitoring activities at lower costs no default risk all of these choices are correct.
"All of these choices are correct." A mutual fund is a type of investment vehicle that pools money from many investors to purchase a diverse portfolio of stocks, bonds, or other securities.
Mutual funds are managed by professional portfolio managers who use their expertise to select and manage the investments in the fund. One advantage of investing in a mutual fund is that it provides diversification. By investing in a mutual fund, an investor gains exposure to a diverse portfolio of securities, which can help to reduce overall risk. Diversification means that the investor's money is spread across many different stocks, bonds, or other securities, which helps to reduce the impact of any one investment performing poorly. Another advantage of a mutual fund is that it can provide monitoring activities at lower costs. Mutual funds have professional portfolio managers who continuously monitor the investments in the fund and make changes as needed to optimize performance. This monitoring is done at a much lower cost than an individual investor could achieve, as the costs are spread across all the investors in the fund. Mutual funds also offer lower transaction costs than an individual investor would incur if they were to buy and sell the same securities on their own. This is because mutual funds can buy and sell securities in bulk, which reduces transaction costs.
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after hiring braydon to work at holly lolly craft store (holly lolly), the store manager discovered that braydon was transgender. the store manager promptly fired braydon and specifically stated that braydon was being fired because he was transgender. what can braydon do?
Braydon has legal options to pursue against Holly Lolly for wrongful termination based on discrimination. Under federal law, it is illegal to discriminate against employees based on their gender identity or transgender status.
In addition, many states and local jurisdictions have their own laws protecting against discrimination based on gender identity or transgender status.Braydon can file a complaint with the Equal Employment Opportunity Commission (EEOC) within 180 days of the termination. The EEOC investigates complaints of discrimination and may file a lawsuit on behalf of Braydon if it finds evidence of discrimination. If the EEOC decides not to pursue the case, Braydon can file a lawsuit against Holly Lolly in federal court.Braydon may also be able to file a complaint with the state or local agency that enforces anti-discrimination laws. These agencies may have different timelines and procedures for filing complaints, so it is important for Braydon to check the requirements for their specific jurisdiction.It is important to note that in some cases, employers may claim that they fired an employee for other reasons, such as poor job performance. However, if it can be shown that the stated reason for the termination was a pretext for discrimination, the employer may still be held liable for discrimination.
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Which of the following is NOT a major component of GDP as measured by the expenditure approach?
a) investment b)taxation c)consumption
Taxation is NOT a major component of GDP as measured by the expenditure approach.
The expenditure approach is one of the methods used to calculate a country's gross domestic product (GDP). It adds up all of the spending in an economy, including consumption by households, investment by businesses, government spending, and net exports (exports minus imports). Consumption, investment, government spending, and net exports are the major components of GDP as measured by the expenditure approach. Taxation, however, is not considered a component of GDP because it is not a direct measure of the value of goods and services produced in an economy. Instead, taxation represents the amount of revenue that the government collects from various sources, including income taxes, sales taxes, and corporate taxes. While taxation is an important factor in an economy, it is not included in the calculation of GDP using the expenditure approach.
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merchant company purchased land for a building site. the costs associated with the property were: purchase price $ 183,000 real estate commissions 15,800 legal fees 1,600 expenses of clearing the land 2,800 what is the total recorded cost of the land? $198,800 $200,400 $183,000 $203,200 $186,600
The several costs associated with the property that need to be considered to determine the total recorded cost of the land.
The total recorded cost of the land purchased by the merchant company for the building site is $203,200.In this scenario, the merchant company purchased land for a building site. The costs included the purchase price of $183,000, real estate commissions of $15,800, legal fees of $1,600, and expenses of clearing the land for $2,800.
To calculate the total recorded cost of the land, we need to add up all of these costs. Thus, the total recorded cost of the land is $203,200 purchase price + real estate commissions + legal fees + expenses of clearing the land = $183,000 + $15,800 + $1,600 + $2,800 = $203,200.
It is important to note that the total recorded cost of the land is not just the purchase price. Other costs associated with the property, such as real estate commissions and legal fees, need to be taken into consideration. By including all of the costs associated with the property, we can arrive at the most accurate total recorded cost of the land.
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missoula industries manufactures a product with the following costs per unit at the expected production of 30,000 units: direct materials.............................. $ 5 direct labor.................................... $15 variable manufacturing overhead.... $ 8 fixed manufacturing overhead....... $ 6 the company has the capacity to produce 60,000 units. the product regularly sells for $45. a new potential customer has offered to purchase 2,000 units for $40 each. a. what is the effect on net income, if missoula industries accepts the special order?
if Missoula Industries accepts the special order, net income will increase by $24,000.
If Missoula Industries accepts the special order, the effect on net income can be determined by analyzing the relevant costs and revenue associated with the order.
For the 2,000-unit special order, the relevant costs are:
- Direct materials: $5/unit
- Direct labor: $15/unit
- Variable manufacturing overhead: $8/unit
The fixed manufacturing overhead is not relevant since the company has the capacity to produce 60,000 units, and the expected production is only 30,000 units.
Total variable cost per unit for the special order = $5 (direct materials) + $15 (direct labor) + $8 (variable overhead) = $28 Revenue for the special order: 2,000 units x $40/unit = $80,000
Total variable costs for the special order: 2,000 units x $28/unit = $56,000
The effect on net income is the difference between the revenue and the variable costs: $80,000 (revenue) - $56,000 (variable costs) = $24,000.
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An investment trust fund is used to report the net position available to the:
Sponsoring government only.
External participants only.
Financial institution that acts as custodian for the fund?s investments.
All of the above.
An investment trust fund is a type of fund that pools money from various investors to invest in a diversified portfolio of assets such as stocks, bonds, and real estate.
The primary purpose of an investment trust fund is to provide investors with a diversified investment vehicle that allows them to access a broader range of investment opportunities than they would have if they invested directly in individual securities. In terms of reporting, an investment trust fund is used to report the net position available to all parties involved, including the sponsoring government, external participants, and the financial institution that acts as the custodian for the fund's investments. The net position is calculated by subtracting the total liabilities from the total assets of the fund, and it represents the amount of money available to the fund's investors after all expenses and fees have been paid. Therefore, the correct answer to the question is "All of the above." An investment trust fund is designed to benefit all parties involved by providing a transparent, efficient, and cost-effective investment vehicle that meets the diverse needs of different investors. Whether you are a sponsoring government, an external participant, or a financial institution, an investment trust fund can help you achieve your investment objectives while minimizing your risk and maximizing your returns.
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g direct materials and direct labor are 100% variable. overhead is 80% fixed. an outside supplier has offered to supply the 53,000 units of rx5 for $20.00 per unit. required:1. determine the total incremental cost of making 53,000 units of rx5.2. determine the total incremental cost of buying 53,000 units of rx5.3. should the company make or buy rx5?
Determine the total incremental cost of making 53,000 units of RX5:
Direct Materials cost = (53,000 units)($10.00) = $530,000
Direct Labor cost = (53,000 units)($15.00) = $795,000
Fixed overhead cost = (53,000 units)($7.00) = $371,000
Total incremental cost of making 53,000 units of RX5 = $530,000 + $795,000 + $371,000 = $1,696,000
For second question-
Determine the total incremental cost of buying 53,000 units of RX5:
Total cost of buying 53,000 units of RX5 = (53,000 Units)($20.00) = $1,060,000
For third question-
Should the company make or buy RX5?
The company should buy the RX5 as the total incremental cost of buying 53,000 units of RX5 is lower than that of making 53,000 units of RX5. The total cost of buying 53,000 units of RX5 is $1,060,000, which is lower than the total incremental cost of making 53,000 units of RX5 which is $1,696,000.
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An advertisement stating "Buy now: no money down" is a persuasive-type ad.
True False
True. An advertisement stating "Buy now: no money down" is a persuasive-type ad. This advertisement uses a persuasive technique known as "zero-percent financing" or "no money down."
It aims to persuade potential customers to make a purchase by eliminating the initial financial barrier of a down payment. This ad is intended to convince consumers to act quickly and make a purchase, rather than delaying or considering other options.
The ad's persuasive nature is reflected in its language, which is designed to appeal to the consumer's desire for immediate gratification and savings. The reason is that persuasive advertisements aim to influence the audience's behavior or opinion by presenting appealing information or offers. In this case, the ad tries to convince potential customers to make a purchase by offering the opportunity to buy the product without an initial payment, making it more attractive and accessible.
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minor electric has received a special one-time order for 900 light fixtures (units) at $20 per unit. minor currently produces and sells 4,500 units at $21.00 each. this level represents 75% of its capacity. production costs for these units are $27.00 per unit, which includes $18.00 variable cost and $9.00 fixed cost. to produce the special order, a new machine needs to be purchased at a cost of $850 with a zero salvage value. management expects no other changes in costs as a result of the additional production. if minor wishes to earn $1,750 on the special order, the size of the order would need to be:
The size of the order would need to be 1,025 units to earn a profit of $1,750.
To earn $1,750 on the special order, Minor Electric would need to produce and sell 1,025 units.
First, we need to calculate the contribution margin per unit, which is the difference between the selling price ($21) and the variable cost per unit ($18), which comes out to be $3 per unit. Since management expects no other changes in costs as a result of the additional production, the contribution margin per unit for the special order will remain the same.
Next, we need to calculate the total fixed cost, which is $9 per unit multiplied by 4,500 units, which comes out to be $40,500. Adding the cost of the new machine ($850) to this, we get a total fixed cost of $41,350.
Now, we can use the contribution margin per unit to calculate the number of units needed to earn a profit of $1,750. To do this, we divide the desired profit ($1,750) by the contribution margin per unit ($3), which gives us 583.33. However, since Minor Electric needs to cover its fixed costs, we need to add the ratio of the fixed cost to the contribution margin per unit (41,350/3) to the result, which gives us a total of 1,025 units. Therefore, the size of the order would need to be 1,025 units to earn a profit of $1,750.
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