The average number of times each dollar in the money supply is used to purchase goods and services is called Velocity of money.
How is the velocity of money determined?In order to determine the strength of the economy or the willingness of people to spend money, the velocity of money (V=PQ/M) can be computed as the ratio of nominal from the money supply to the gross domestic product (GDP).
What influences the money's velocity?Money Supply: The quantity of money in circulation and its velocity are inversely related. Money will move more quickly if an economy's money supply is insufficient, and vice versa. Transactional Frequency - As the volume of transactions rises, so does the rate of circulation.
To know more about Velocity of Money visit:
https://brainly.com/question/13914618
#SPJ4
The trial balance before adjustment of Estefan Inc. Shows the following balances.
Accounts Receivable Dr. $80,000
Allowance for Doubtful Accounts Dr. 1,750
Sales, Net Revenue (all on credit) Cr. $580,000
1. Give the entry for estimated bad debts assuming that the allowance is to provide for doubtful accounts on the basis of (a) 4% of gross accounts receivable and (b) 1% of net sales
(a)
Bad Debts Expense (8000×.04 + 1750) Dr.4950
Allowance for Doubtful Debts Cr.4950
Define doubtful debts.Debt that is unlikely to be repaid is referred to as doubtful debt, as the term suggests. However, bad debt is debt that will undoubtedly not be repaid and must therefore be written off. If it becomes evident that payment cannot be obtained, a debt may start out as dubious before changing to a bad debt in the future.
Because it is an account receivable contra account, the provision for doubtful debts is a line item in the balance sheet that appears immediately beneath accounts receivable and should always have a credit amount. A questionable debt is one for which it could be necessary to make a provision for doubtful accounts because it might turn out to be a bad debt in the future.
(b)
Bad Debts Expense (580000×.1%) Dr.5800
Allowance for Doubtful Debts Cr.5800
To learn more about doubtful debt, visit:
https://brainly.com/question/16582354
#SPJ1
assume that a retailer purchases a gaming console from a manufacturing unit for $275 and wants to use a keystoning pricing approach. what percentage would the retailer set as its markup?
Assuming that a retailer purchases a gaming console from a manufacturing unit for $275 and wants to use a keystoning pricing approach, the percentage that the retailer set as its markup is 50%.
What is the keystoning pricing approach?The keystoning pricing approach refers to a pricing method whereby merchandise is priced for resale at an amount that is double the wholesale price or cost of the product.
In essence, the Keystone pricing essentially means that if the cost of the product is $50, then the sale price would be set at $100. This means a 50% initial markup (also known as IMU) and its also applying a 50% gross margin to the sale of the product.
Read more about keystoning pricing
brainly.com/question/15734305
#SPJ1
What is a good way to use a cover letter to start a two-way conversation with a potential employer?.
A universal method for starting a cover Letter
Dear[First Name], I was excited to come upon the [Job Title] role at [Company Name]. As a [Current Job Title] with [# of Years] years of enjoyment, i've come to be in a position in [Relevant Skills & Job-Related Abilities].
Consider writing one paragraph citing your capabilities and stories for one task, and every other paragraph for the alternative job.
Any other alternative (if the two jobs are associated) is to list your capabilities and reveal in that apply to both jobs.
In fashionable, cover letters come in one of two forms: application letters and prospecting letters. application letters are written in reaction to a selected job establishing or emptiness notice.
Learn more about cover Letter here: https://brainly.com/question/12408389
#SPJ4
samantha's investment account was valued at $15,000 but then lost 21% of its value. what percent increase is needed for the investment account to return to its previous value?
Samantha's investment account was valued at $15,000 but then lost 21% of its value. percent increase is needed for the investment account to return to its previous value is 18.906%.
Lost 21% of 15000 or$2385
15000-2385= $12615
go to back to 15 means some increase or earlier decrease on $2385.
but the denominator original amount is now $12615.
that function is 2385/12615 = 0.18906 = 18.906%
An Investing is an asset or object obtained with the intention of producing earnings or appreciation. Appreciation refers to an boom withinside the fee of an asset over time. When an character purchases a great as an funding, the cause isn't to eat the coolest however as an alternative to apply it withinside the destiny to create wealth.
Learn more about Investing here:
https://brainly.com/question/25572872
#SPJ4
fill in the blank: are items you need to help get the project done. they are considered project resources.
Materials are items you need to help get the project done. they are considered project resources.
When we talk about resources, we're talking about all the things that are available to us that are environmentally friendly, economically viable, and culturally sustainable and that help us meet our needs and desires. Depending on their availability, resources can be divided into renewable and non-renewable categories.
In order to achieve a particular result, a project consists of a number of tasks. A set of inputs and outputs needed to accomplish a specific objective can also be referred to as a project. From simple to complex, projects can be managed by one person or one hundred. An appropriate project title summarises the entire assignment in one phrase. Referencing the Project with the Assigned Name helps the team.
learn more about resources here
https://brainly.com/question/28605667
#SPJ4
the united states has banned all trade and investment with cuba since 1962. this is an example of which type of government political intervention?
The united states has banned all trade and investment with Cuba since 1962. this is an example of Gaining influence of government political intervention .
What is government intervention?
Government intervention is a regulatory action conducted by the government to try and alter choices made by people, communities, and organizations about social and economic issues. Different types of government interference in the economy include taxes, subsidies, price controls, regulations, minimum wage laws, and bailouts.Why is government action necessary?
When markets are inefficient, governments step in to fix it. Resources are perfectly distributed to those who need them in the amounts they require in a market that operates at maximum efficiency. That is not the case in inefficient marketplaces; some may have an excess of a resource while others lack one.Learn more about government intervention
brainly.com/question/26489734
#SPJ4
true or false: the nims provides the template for incident management, and the nrf provides structure and mechanisms for unified incident response.
True, the NIMS provides the template for incident management, and the NRF provides structure and mechanisms for unified incident response.
What is the NIMS's structure?
According on the incident's nature, NIMS uses two layers of incident management frameworks. The Incident Command System (ICS) is a common, on-scene incident management system for all hazards. When dealing with a single or a series of occurrences, ICS users might use an integrated organizational structure.What is the NIMS's purpose?
In order to prevent, protect against, mitigate, respond to, and recover from incidents, all levels of government, nongovernmental organizations, and the private sector must cooperate. This is done through the use of the National Incident Management System (NIMS).Learn more about NIMS
brainly.com/question/13435732
#SPJ4
in addition to value, what characteristics are being addressed in a vrio analysis? (choose every correct answer.)
Following characteristics are being addressed in a vrio analysis Value, rarity, imitability, and organization.
VRIO is an acronym for a 4-question framework that specialize in price, rarity, imitability, and organisation, the standards used to assess an employer's resources and talents.
VRIO is a commercial enterprise analysis framework that bureaucracy a part of a company's large strategic scheme. The basic strategic system that any firm starts with a vision announcement, and continues on through goals, internal & external analysis, strategic selections, and strategic implementation.
The VRIO framework is an inner analysis that facilitates corporations become aware of the blessings and resources that deliver them a aggressive side. The VRIO framework is an acronym for the numerous measurements of fulfillment that relate in your business. It includes cost, rarity, imitability, and organization.
Learn more about VRIO here : https://brainly.com/question/26286846
#SPJ4
Which stage of the product life cycle is characterized by negative profits and high costs per customer?.
Introduction Stage of the product life cycle is characterized by negative profits and high costs per customer.
A customer is the recipient of an amazing, carrier, product or an idea - received from a vendor, seller, or dealer thru a financial transaction or trade for money or some different precious consideration
A patron is commonly defined as a person who buys an awesome, product, or service. more mainly, clients are humans or groups presently purchasing, have purchased, or can be inquisitive about purchasing a product or service from any other man or woman or organization.
Learn more about customer here:https://brainly.com/question/380037
#SPJ4
If the required reserve ratio is 10 percent, currency in circulation is $1,200 billion, checkable deposits are $1,600 billion, and excess reserves total $2,500 billion, then the m1 money multiplier is?.
If the required reserve is 10%, the currency reserve multiplier is 10 and the currency supply should be 10 times the reserve. A reserve requirement ratio of 10% also means that banks can lend out 90% of their deposits.
The formula for the money multiplier is 1/r, where r is the reserve ratio. After calculating the money multiplier, multiply it by the reserve change. Maximum change in money supply = change in reserves x money multiplier. Suppose a bank has $20 million in deposits. If the reserve margin is 10%, he must have at least $2 million on hand. However, if he has $3 million in reserves in the bank, of that he is $1 million in excess reserves.
Learn more about reserve here-
https://brainly.com/question/6831267
#SPJ4
what general principles can you come up with for foreign direct investors using interests, rights, and power to protect their investments in developing countries? g
Foreign direct investment refers to any investment made into a nation by a person or business that is based abroad. FDI generally refers to the establishment of enterprises or the acquisition of ownership or a controlling interest in the stock of a company by a foreign entity.
What is the investment?Investment is the ceremonial of money to purchase an asset to attain an increase in value over a time period of time. Investment requires a sacrifice of some present quality, such as time, medium of exchange, or effort. In finance, the purpose of investing is to generate a return from the invested asset.
As an investment, what experts alter is figuring out your goals and risk permissiveness – either on your own or with the help of a financial professional. There is no warranty that you'll make money from your investment funds. Before you begin an investment fund.
Therefore, experts alter figuring out your goals and risk permissiveness investments.
Learn more about investments here:
https://brainly.com/question/15353704
#SPJ1
An increase in aggregate demand will generate _____ in real gdp and _____ in the price level in the short run.
Answer:
high revenue of the company or high income of the citizens
Explanation:
most firms have a resource base that is composed primarily of resources and capabilities that are group of answer choices a) valuable but not rare. b) neither valuable nor rare. c) valuable and rare. d) rare but not valuable.
Most businesses have a resource base that is mostly made up of valuable but not uncommon resources and competencies.
Describe business.
A business is an organization or enterprising entity that engages in commercial, industrial, or professional activity. A business's goal is to coordinate some form of economic production (of goods or services). Businesses can be for-profit corporations or nonprofit organizations working to advance a social cause.
Businesses varies in size and scope from small, local enterprises to enormous, global conglomerates. A person's efforts and operations to produce and sell goods and services for profit are also referred to as a business. Business plans are frequently necessary before operations can start. A business plan is a formal document that lists the strategies and plans the company will use to accomplish its goals and objectives.
Learn more about businesses with the help of the given link:
brainly.com/question/15826771
#SPJ4
a blank system is when a government intervenes in the currency market to limit volatility of its currency exchange rate.
An intervention by the government in the currency market to reduce the volatility of its currency exchange rate is known as a "dirty float" system.
A floating exchange rate is called a "dirty float" if the central bank of that nation occasionally intervenes to alter the rate or direction of change of that nation's currency value. An external economic shock is typically dirty float absorbed by the central bank in a dirty float system before its repercussions have a negative impact on the domestic economy. The term "controlled float" can also refer to a dirty float.
A fixed exchange rate system known as the Bretton Woods Agreement intervention was used from 1946 to 1971 by many of the world's major industrialized dirty float nations. On August 15, 1971, President Richard Nixon ended the United States' participation in the gold standard. Since that time, the majority of significant industrialized nations have adopted floating exchange rates.
Many developing countries use managed floats, where the central bank intervention to guide the currency, to protect their domestic industries and trade. Such intervention occurs on a variable basis. For instance, the dirty float Reserve Bank of India tightly controls the value of the rupee within a very small currency band, whereas the Monetary Authority of Singapore allows the local currency to fluctuate more freely within an unspecified band.
Learn more about dirty float here
https://brainly.com/question/29361002
#SPJ4
MM Proposition I with corporate taxes states that:I) Capital structure can affect firm value by an amount that is equal to the present value of the interest tax shieldII) By raising the debt-to-equity ratio, the firm can lower its taxes and thereby increase its total valueIII) Firm value is maximized at an all debt capital structureA. I onlyB. II onlyC. III onlyD. I, II, and III
MM Proposition I with corporate taxes states that all the three statements are true.
The first claim can be viewed as a claim that proves a company's capital structure has no bearing on its value. When a company's value is calculated, it is known as the present value of anticipated future cash flows, and the capital structure has no bearing on this value.
It should be noted that MM Proposition I, which deals with corporate taxes, states that the value of a firm can be impacted by a factor equal to the present value of the interest tax shield depending on its capital structure.
To learn more about MM Proposition I here:
https://brainly.com/question/21117273
#SPJ4
in describing a job to an applicant, the recruiter made sure he talked about both the positive and negative aspects of the job. the recruiter was using a/an
The recruiter took sure to discuss both the positive and bad aspects of the job while describing it to a candidate. A realistic job preview was being used by the recruiter.
What is a realistic job preview?The pros and cons of a position are described using a recruitment tool called a Realistic Position Preview (RJP). In essence, it is used to accurately describe the nature of the job to prospective employees.
In order to help candidates make decisions, this measure, like the job-fit measure, aims to provide candidates with a clearer picture of the company and the position (including the work environment, duties, and expectations).
Learn more about a realistic job preview, from:
brainly.com/question/16014567
#SPJ1
julie, an unmarried individual, lives in a home with her 13-year-old dependent son, oscar. this year, julie had the following tax information: standard deduction table. salary $ 95,000 interest and dividend income 12,800 capital gain from sale of investments 11,000 above-the-line deductions 800 itemized deductions 6,900 compute julie's adjusted gross income (agi) and taxable income.
The adjusted gross income(AGI) $118,000 and taxable income $99,650.
What is adjusted gross income?Adjusted gross income (AGI) is the individual's total gross income less certain deductions under the US income tax system. It is used to determine taxable income, which is calculated as AGI less personal exemption and itemized deduction allowances. Gross income is less important than AGI for the majority of individual tax reasons. Gross revenue is calculated as the sales price of goods or property less the cost of the item(s) sold + other income. Payroll, interest, dividends, company income, rental income, and all other forms of income are included. Gross income less 21 other particular items and deductions from a business or rental activity is known as adjusted gross income. The amount of some deductions is capped based on a percentage of AGI, such as medical expenditures and other itemized deductions.
To learn more about adjusted gross income, visit:
https://brainly.com/question/14545460
#SPJ4
according to the center on leadership & ethics at duke university, what type of leadership can positively affect performance?
According to the center on leadership & ethics at duke university responsible and inspirational leadership can positively affect performance.
The individuals who make up a biotech company's research and development (R&D) team are extremely committed to their work. They work as a well-oiled machine and are very driven.
The term "research and development" (R&D) refers to the process's businesses use to create and launch new goods and services. It frequently marks the beginning of the development process. The objective is typically to introduce new goods and services to the market and boost the bottom line of the business.
R&D is frequently used to refer to innovation in the business and public sectors. R&D enables a business to maintain a competitive edge. Without an R&D program, a business may not be able to exist on its own and may need to rely on alternative methods of innovation, such as collaborations or mergers and acquisitions (M&A). Companies may create new goods and enhance their current offers through R&D.
To know more about duke university visit:
https://brainly.com/question/5109225
#SPJ4
which of the following is not a form of variable pay? commissions gain-sharing plans piece-rate pay plans bonuses profit-sharing plans
Piece-rate compensation is not a type of variable pay.
How do variable pay forms work?Incentive, bonus, and recognition programs are the three categories of variable compensation schemes.
Depending on the type of program, different design components are used for different variable pay schemes.
What are fixed pay and variable compensation?You will receive a fixed salary regardless of how well you perform for the business. It is the sum you will be paid regardless of how successfully or poorly you perform. Your income will be determined by how well you perform in your line of work and is known as variable pay. view basic salary, gross salary, and net salary as well.
To know more about variable compensation, visit:
https://brainly.com/question/28167517
#SPJ1
the elasticity of demand is defined as the percentage change in quantity demanded dvided by the percentage change in
The percentage change in quantity demanded divided by the percentage change in price.
What is quantity demanded?In economics, demand refers to the total amount of goods or services demanded by consumers over a period of time. The quantity demanded depends on the price of the goods or services in the market. Demand refers to the number of goods a buyer is willing to purchase at a particular price. The amount demanded will change depending on the increase or decrease in demand from buyers. The same is represented by the slope of the demand curve. Demand is the quantity of goods or services that consumers are willing to purchase at a given price over a given period of time. Quantity demanded is the amount of goods or services that people buy at a particular price at a particular time.
Learn more about quantity demanded: https://brainly.com/question/1692392
#SPJ4
spring company uses activity-based costing to allocate their overhead costs. setup costs of $100,000 are based on number of batches. plant service costs of $65,000 are based on square footage. spring company has identified 500 batches and has 10,000 square feet in their factory. what is the activity rate for the setup activity cost pool.
Plant service costs of $65,000 are based on square footage. spring company has identified 500 batches and has 10,000 square feet in their factory. $200.00 is the activity rate for the setup activity cost pool.
Nevertheless, a company can not be allocated for indirect costs such as marketing and employee salaries.
So, the activity rate for the setup activity cost pool = 10,000 / 500
= $200.00.
Activity-based costing (ABC) is an aggregate and indirect cost accounting tool for related products. This costing approach considers the relation between the prices, labor operations as well as manufactured goods, and attributes administrative costs less randomly to products than conventional costing approaches.
Learn more about cost pool here: https://brainly.com/question/14887509
#SPJ4
Disclaimer: The question is incomplete. Please read below to find the missing content.
Spring Company uses activity-based costing to allocate their overhead costs. Setup costs ot $100,000 are based on number of batches. Plant service costs of $65,000 are based on square footage. Spring Company has identified 500 batches and has 10,000 square feet in their factory. What is the activity rate for the setup activity cost pool. Click the answer you think is right.
A.$6.50
B.$200.00
C.$330.00
D.$16.50
Which of the following will most likely harm a multinational enterprise's (MNE's) reputation?
a. Principal-agent problems cause an MNE to merge with another MNE.
b. A sweatshop owned by an MNE has an explosion that kills hundreds of workers.
c. Increased competition causes an MNE to close a factory in a developing country.
d. Wages for workers in a factory owned by an MNE increase, causing profits to decline.
A multinational enterprise's (MNE's) reputation is most likely harmed by the A sweatshop owned by an MNE has an explosion that kills hundreds of workers. Thus the correct option is B.
What is a multinational enterprise objective?An organization that produces goods or provides services across several nations is known as a multinational enterprise. A business's main objective is to make more money and expand.
In accordance with the host government's international responsibilities and obligations, businesses should respect the human rights of persons impacted by their operations.
An explosion in a sweatshop run by an MNE results in the deaths of hundreds of workers and also damages the MNE as it disturbs the obligations of the host country.
Therefore, option B is appropriate.
Learn more about multinational enterprises, here:
https://brainly.com/question/28139062
#SPJ1
__________ diversity occurs when there are differences in position or opinion among group members, especially regarding group goals or processes.
Separation diversity arises when group members hold divergent positions or viewpoints, particularly in relation to the objectives or working methods of the group.
According to the Social Contract, diversity as separation refers to variations in a group of employees' positions or opinions on values, attitudes, or beliefs.
Multiple advantages exist for human growth in a diverse setting. It can assist in dispelling old misconceptions in addition to helping people become more welcoming and knowledgeable of other cultures. Diversity and inclusion promote productivity because of the exponentially increased capacity for learning from and growing with one another.
Diverse cultural viewpoints can spark innovation and creativity. Knowledge of and insight into the local market boost a company's profitability and competitiveness.
To learn more about diversity
https://brainly.com/question/1201548
#SPJ4
An increase in the average price level of prices is called...
a contraction
b expansion
c inflation
d a trough
The answer is C inflation
When taking out student loans, what do you call the signed agreement to pay them back?.
By signing a Master Promissory Note, you hereby contractually commit to repay the amount borrowed, together with any accrued interest and fees.
The definition of a Master Promissory Note?One or more Direct Loans will be made using a Master Promissory Note (MPN), which is a legally binding agreement (up to 10 years). The borrower acknowledges and agrees that the MPN and all loans issued thereunder shall be repaid in full. MPNs aren't institution-specific and can be employed in other institutions.However, borrowing from the federal government necessitates a more formal process than borrowing from friends, whose agreements are frequently sealed by a verbal or written text. By signing a Master Promissory Note, you hereby contractually commit to repay the amount borrowed, together with any accrued interest and fees.To learn more about Master Promissory Note refer to:
https://brainly.com/question/28165627
#SPJ4
a company's sales budget indicates the following sales: january: 25,000; february: 30,000; march: 35,000. beginning inventory is 12,000 and the company's ratio of inventory to future sales is estimated to be 45% of next month's sales. units to be produced in january will be
On the basis of the company's sales budget , number of units to be produced in January is 26500.
What is sales budget ?A sales budget is a financial strategy that projects the entire income of a business over a given time frame. To forecast the performance of the company, it relies on two factors: the volume of products sold and the price at which they are sold.
number of units to be produced in January =
next months budgeted sales + present months sales budget - budgeted inventory
First step: February´s budgeted sales
Next months (February) budgets sales
=45/100 x 30000 = 135000
Unit to be produced in January= (13500+ 25000-12000) = 38500 - 12000 = 26500
To learn more about sales budget
https://brainly.com/question/13198606
#SPJ1
what tactics can retailers use to reduce the amount of markdowns? multiple select question. work with vendors to choose merchandise and coordinate deliveries. offer a good value so customers will purchase the merchandise. buy large quantities to make it easier to forecast demand. buy smaller quantities to create a feeling of scarcity.
In order to reduce the amount of markdowns, retailers can work with vendors to choose merchandise and coordinate deliveries.
Since retailers are in the business of making money, it is crucial that they plan, price, and budget appropriately. In some cases, this strategy calls for markdowns, which entail lowering an item's initial price in order to boost sales.
Your bottom line may be significantly impacted by markdowns. A markdown is a price decrease that occurs when a product is unable to sell for its original price, whereas a discount is a price reduction that occurs for a particular reason. While markdowns are price reductions that last permanently, discounts are just temporary.
In the retail industry, there are four main reasons why markdown procedures are necessary, including:
To make room for a planned assortment change, reduce inventory.Before the season ends, sell off remaining seasonal things.Products should be moved before they expire.Boost sales of poorly performing productsTo know more about markdowns refer:
https://brainly.com/question/3099549
#SPJ4
a bond has a face value of $1,000, an annual coupon rate of 7 percent, yield to maturity of 10 percent, and 20 years to maturity. the bond's duration is
The bond that has a face value of $1,000 has a duration of 10 years.
What is a bond?A bond is a type of security in the financial world where the issuer (debtor) owes the holder (creditor) a debt and is required, depending on the terms, to repay the bond's principal (i.e., the amount borrowed) at the bond's maturity date as well as interest (referred to as the coupon) over a predetermined period of time. The interest is typically due at regular intervals, such as every six months, once a year, and less frequently at other times. To finance long-term investments or, in the case of government bonds, to finance immediate expenses, the borrower can obtain external funds through the sale of bonds. Both bonds and stocks are considered to be forms of security, but the main distinction between the two is that (capital) stockholders have an equity stake in a company, whereas bondholders have a creditor stake.
To learn more about bond, visit:
https://brainly.com/question/28362992
#SPJ4
if a sizable number of workers were switched from full time to half time empltment then the official unemployment rate would
If a sizable number of workers were switched from full time to half-time employment then the official unemployment rate would remain unchanged.
Employment most customarily method the state of getting a paid venture—of being employed. To employ someone is to pay them to work. A commercial enterprise organization offers employment to employees. Employment can also check with the act of using people, as in we are running to increase our employment of women.
Employment is an essential part of the monetary, social, and environmental improvement approach and technique of any united states of America. Employment affords monetary freedom and selection-making energy. Employment opportunities for citizens in India can help to reduce corruption and get rid of terrorism.
Learn more about employment here: https://brainly.com/question/1446509
#SPJ4
is plays three important roles in management control processes. these processes are data collection, evaluation, and
IS plays three vital roles in management control processes. These processes include data collection, evaluation, and, communication.
An information system or IS is a combination of hardware, software, and telecommunication networks to collect valuable data, primarily in an organization. Many businesses use information systems (IS) to complete and manage their business operations, interact with their customers, and stay ahead of their competitors.
The IS helps in management control processes by collecting, evaluating, and communicating data. Therefore in businesses, They ISs are considered the core of information and data management processes.
You can learn more about information system (IS) at
https://brainly.com/question/14688347
#SPJ4
