The post-closing trial balance does not include any revenues, expenses, or dividends, because these accounts are permanent accounts. True or false?.

A teacher receives a paycheck every two weeks, always the same day of the week. In any six consecutive calendar months she receives exactly 13 paychecks. This statement is true.

If she starts working from January 1st then she will get paid on June 30 or July 1st that is after six consecutive months. This totals up to 181 days and i we divide it by 14 days as she is getting paid after every two weeks then it comes up to a total of exactly 13 paychecks.

Even if we start from any month and take into consideration 6 consecutive months still she will receive 13 of total paychecks for the works she does or service she provides in a company or firm whatever she does the work in.

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A demand schedule is a desk that suggests the quantity demanded at every charge. A call for curve is a graph that shows the quantity demanded at each charge. Every so often the call for curve is likewise called a call for agenda because it is a graphical illustration of the call for scheduls.

A demand schedule is a listing that indicates the quantity demanded in any respect viable fees that might prevail in the market at a given time, whereas a call for curve is a graph that shows the quantity demanded at every and every viable charge that would succeed in the marketplace at a given time.

The individual demand curve shows the small quantity of call for for a commodity however the market call for curve shows a large volume of quantity call for made by way of the complete client within the market.

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The format of each line of the file is <last name> <hours worked> <hourly wage>

Computer files and file extensions have a comprehensive list of all the hundreds of different file types and extensions that are used with computers. The majority of individuals, however, would find it impossible to remember every file extension and the programs that go with it. The most popular file extensions are shown here, organized into groups according to the types of files -

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Apples, Oranges and Bananas comprise of 18.99%, 50.66% and 25.33% of the total fruits respectively

Let f be the total number of fruits available

Let b the number of bananas

Fruits that consist of bananas, oranges and apples = 95%

Oranges = 2*bananas

=2b

Apples = 75% of bananas

=0.75b

Formulating the equation we get:

b + 2b + 0.75b = 0.95f

3.75b = 0.95f

b = 0.95f/3.75

b= 0.2533

So bananas amount to 25.33% of the total fruit

Oranges in terms of total fruit= 2*25.33% = 50.66%

Apples in terms of total fruit = 0.75*25.33 = 18.99%

Hence, Apples, Bananas and Oranges comprise 95% of the total fruits.

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$2,653.90 is the income can Mr. Basset expect to receive each year if the interest rate is 8. 5%,

The amount of interest payable each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate (called the principal sum). The total interest on a loaned or borrowed sum is determined by the principle amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.

The interest rate over a year is known as the annual interest rate. Other interest rates are applicable over shorter time frames, such a day or a month, but they are often annualized.

An index of the preference for a dollar of present [income] over a dollar of future [income] has been used to describe the interest rate. Attached is  the solution for solving the  income can Mr. Basset expect to receive each year if the interest rate is 8. 5%,

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The fact that your federal taxes paid were more than you calculated means that D.You will get $363.44 refund from the government.

What happens when we overpay taxes?

while someone pays an excessive amount of in taxes, the inner sales provider may be capable of come up with a refund for the quantity that you overpaid.

In this case, that amount would be:

= 3,155.24 - 2,791.80

= $363.44

To get the refund, you would have to fill in your annual tax returns and the Internal Revenue Service would find the refund.

In conclusion, you can expect a tax refund of $363.44 from the government.

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They have picked up on to alert them to potential problems

The early signs of dementia are very subtle and vague and may not be immediately obvious.

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The value of $540 deposited today into an account receiving 8% interest semi-annually for two years is $15033.6

The fee paid for the right to borrow money is called interest. In contrast to how the interest rate used to compute interest is normally expressed, which is as an annual percentage rate, interest expense or revenue is frequently expressed as a dollar figure (APR). Interest is the payment a lender or financial organization makes in exchange for extending credit. The amount of ownership a stockholder has in a corporation, typically represented as a percentage, is another term for interest. Interest is frequently linked to credit cards, mortgages, auto loans, personal loans, savings accounts, or fines. The macroeconomic policies set by the Federal Reserve's Federal funds rate heavily influence interest rates.

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The required monthly mortgage payment is $1,101.93

How do we determine the monthly mortgage payment?

The mortgage monthly payment which is the amount of repayment the borrowers needs to make to the lender at the end  of each month the mortgage lasted can be determined using a financial calculator which needs to be set to its end mode before making necessary inputs since monthly payments occur at the end of each month as shown below based on the 5.23% interest rate compounded monthly:

N=360(number of monthly payments in 30 years=30*12=360)

I/Y=5.23/12(5.23%/12 is the monthly interest rate, but we would ignore the % sign)

PV=-200000(the loan amount)

FV=0(at the end of the 30 years, the outstanding balance on the  loan would be nil)

CPT(press compute)

PMT=$1,101.93

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The method that does not necessarily produce a declining or constant pattern of depreciation over an asset's service life is the units of production method.

What do you understand by the units of production method?

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A cooperative style of coaching believes that young people need opportunities to make decisions and learn the decision-making process.

In the cooperative style of coaching, coaches make sharing the decision-making with athletes. This is one of the adaptable as well as pliable styles that tends to put the coach in the facilitator role, conductor as well as choreographer. This style has the ability to empower athletes to be the best in positions that they can be.

The key role of this type of coaching is to identify a style that will be transferring best the information from the coach to the player. The thing is one must have the flexibility to adapt to the positions of athletes after a certain point in their developmental stage since it is very difficult to change them.

A cooperative style of coaching is focused on the flexibility as well as the empowerment of players which is to be a part of the process of decision-making while being more adaptive to each style of athlete. In general, young people need opportunities to make decisions and learn the decision-making process as believed by the cooperative style of coaching.

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triangle $1c$9 represents producer surplus after the government imposes the excise tax on the market

A excise tax on particular commodities or services, including alcohol, cigarettes, and gasoline, is known as an excise tax. Instead of being levied internationally across national borders, excise taxes are national taxes imposed within a government infrastructure. Sales of motor gasoline, airline tickets, tobacco, and other goods and services are typically subject to a federal excise tax. Excise tax are mostly paid by corporations. Many of them are paid for by businesses, who subsequently charge customers more as a result. Wholesalers get excise taxes from merchants, who then factor them into product pricing and raise overall retail prices as a result.

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Stephanie works for a company that manufactures purses and is considering employing a trading company to reduce the risk of getting involved in international marketing. One of the benefits of using a trading company is that it facilitates all marketing aspects of a transaction.

Trading companies and manufacturer companies have different functions and focus areas in the field of business. A manufacturer company focuses on the manufacture of a product and its selling in the local market. On the other hand, a trading company focuses on buying products from manufacturers and selling them in other countries.

A manufacturing company, like the one in which Stephanie works, is not very well familiar with the marketing aspects that would be required to promote and sell its products in the international market. Such companies use trading companies for international marketing as trading companies look after all the marketing aspects in the international market and can benefit the manufacturer.

Although a part of your question is missing, you might be referring to this question:

Stephanie works for a company that manufactures purses and is considering employing a trading company to reduce the risk of getting involved in international marketing. What is one of the benefits of using a trading company?

It negotiates with the government to get the best deals.

It handles all manufacturing services

It facilitates all marketing aspects of a transaction

It develops advertising campaigns for the advertising firm.

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Answer: false is the answer

Account balances in the general ledger are updated for transactions through the process of posting.

A transaction is a commercial enterprise event that has a financial impact on an entity's economic statements and is recorded as access in its accounting records. Examples of transactions are as follows: Paying a provider for services rendered or items introduced.

An Accounting Transaction is an enterprise hobby or transaction that has a financial effect on a company's financial statements. For instance, Apple representing nearly $2 hundred billion in cash & cash equivalents in its balance sheet is an accounting transaction.

An accounting transaction is a method of recording financial data that has an impact on the monetary statements of the enterprise. It's by far the best method used by the business to record each transaction of each day event which would assist in measuring the value of the companies.

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A business firm seeks profit while a(n) non-profit organization may seek other goals like operational efficiency or customer satisfaction.

Operational Efficiency: Utilizing time, people, equipment, inventory, and money as effectively as possible to support the business is known as operating efficiently. Effective businesses are leaner, more flexible, and more successful.

Customer Satisfaction: Customer satisfaction is measured in terms of how content customers are with a business's goods, services, and abilities.

A business firm seeks profit while a(n) non-profit organization may seek other goals like operational efficiency or customer satisfaction.

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If the two countries specialize and trade to maximize the benefits of specialization and trade, then Sweden will produce more chocolate even without trade. correct option is (c).

The spread of movement of goods, services, information, technology and employment across national and cultural borders is called globalization. It refers to the interdependence of countries around the world that is facilitated by free trade from an economic point of view.

Similarly, Italy and Sweden may combine to maximize their profits by exchanging their specialties and products, but at the individual level they would also focus on their niche commodity and at the individual level they would maximize their products, therefore even without trade Sweden will produce chocolate as it has advantage in that and Italy would focus on wine production.

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The question is incomplete. Check below the full question.

Assume that sweden has a comparative advantage in chocolate and italy has a comparative advantage in wine. Also assume that sweden has an absolute advantage in both chocolate and wine. If these two countries specialize and trade so as to maximize the benefits of specialization and trade, then?

A. The two countries combined output of both goods will be lower than it would be in the absence of trade.

B. The two countries will consume less than they would in the absence of trade

C. Sweden will produce more chocolate than it would produce in the absence of trade.

D. Italy would produce less wine than it would produce in the absence of trade.

The given statement is false.

Jerry’s paid amount is not considered as tax, because amount paid to the toll refers to amount which are paid for public or private authority on crossing the highway or bridge, so amount paid to toll, not cosidered as tax.

Jerry paid amount to the Florida turnpike is considered as particular individual's user fees not tax.

Generally tax is a fee or mandatory amount given by the citizens to the government or the individual who collect revenue for building the facilities and services. Whereas toll charges or toll tax refers to the revenue collected by the government when we cross any bridge, tunnel or highway as they are providing the best facilities for humans.

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In manufacturing, the core HR practices are more robust than in  financial services.

The human resources planning model encompasses three key elements: predicting the quantity of workers your company needs, analyzing  manufacturing if the availability of potential employees meets your demand and learning to balance the provision and demand cycles.

There are four general steps within the HRP process: identifying this supply of employees, determining the long run of the workforce, balancing between labor supply and manufacturing demand, and developing plans that support the company's goals. Human capital is the most significant aspect of any business and its human resources department.

Human capital represents the resources a corporation has available for achieving business objectives like productivity, quality and type of products and services offered, manufacturing workplace safety and, most of all, profitability. Employee turnover is another major reason why hiring is so right wing now.

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Of the five types of risk associated with purchase decisions, Performance involves the perceived danger inherent in a poorly performing product or service.

This term refers to a person's subjective evaluation of his or her risk of an illness or an adverse outcome, often in reference to performing a specific risky behavior. Five varieties of perceived risk emerged from these procedures to subsume the kinds of risk found within the literature and generated by the hypothetical purchasing situation.

It includes aspects like the likelihood, the impact, and therefore the severity of the danger. Perceived risk could be a subjective judgment of a private. It combines factors like emotion, contextual factors, and private experiences. A performance risk is that the potential that a product, service, program or project won't deliver the maximum amount value as needed.

This will apply to internal projects, outsourced projects and purchases of a product or service. Perceived risks can include the fear and or doubt a consumer has that the merchandise they're buying will fail to perform its intended function. the patron may well be afraid that if they buy a car, the engine or other parts may malfunction. Social - this kind of risk pertains to a consumer's rank.

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The maximum price to be paid for the bond at a 5% required rate of return is $4,329.48.

Let us have a required rate of return of 5%.

The decision to buy the bond will be based on present  value of cash inflows:

present value of cash inflows = A* [1-(1+r)^(-n)]/r

here

A = $1000 per month

r=5%=>0.05

n=5 years.

$1000*[1-(1.05)^(-5)]/0.05

=>$1000*4.329476.

=>$4,329.48.

Since the present value of cash inflows is lower than the price of the bond , we need not purchase the bond.

The maximum price to be paid for the bond at 5% required rate of return is $4,329.48.

Our decision is based on the required rate of return of 5%, the higher the required return the lower will be the amount to be paid for the bond.

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The form of business ownership that most effectively limits the risk of ownership is LLCs and corporations.

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Quintus Horatius Flaccus also known as Horace, a Roman lyric poet, once said "Adversity has the effect of eliciting talents which in prosperous circumstances would have lain dormant". Thus, the answer is TRUE.

What Horace meant by this statement was that if a person has the courage and determination to overcome challenges or seemingly impossible tasks, his true strengths might very well emerge.

A person's actual strengths will surface if they have the desire and bravery to tackle obstacles or tasks that seem insurmountable and this is known as the "adversity effect" principle, famously quoted by Horace.

This is a belief that the ability to disprove others' claims and validate your own is facilitated by self-confidence and the conviction that everything is possible.

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Having a product where customers can buy it such as stores, catalogs or internet is Distribution channels.

The network of people and businesses involved in getting a good or service from the manufacturer to the consumer is known as a distribution channel. Distribution channels are often referred to as marketing channels or distribution channels for marketing.

Manufacturers choose how they want their products to be distributed in the market using one of three distribution strategies.

Through this channel, a manufacturer can sell products including hardware, software, and accessories straight to consumers: • Direct sales force — This is a channel where products are delivered directly from the producer or vendor to the final consumer, typically via a field sales force that has received professional training.

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The firm will breakeven when 40 units of the good is produced.

Cost is given as C = 40x + 400

Revenue is given as: R = 50x

In this case, the point of breakeven will be:

Cost = Revenue

40x + 400 = 50x

Collect like terms

50x - 40x = 400

10x = 400

Divide both side by 20

10x/10 = 400/10

x = 40

There will be breakeven at 40 units

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$4,749.14 is the future value of $3,048 invested for 8 years at 5.7 percent compounded annually.

What is compound?

Compound interest, also known as interest on principal and interest, is the practice of adding interest to the principal amount of a loan or deposit.

Therefore,

$4,749.14 is the future value of $3,048 invested for 8 years at 5.7 percent compounded annually.

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Utilitarianism is a theory of morality that urges managers to take those actions that provide the greatest pleasure after having subtracted the pain or harm associated with the action in question.

What is meant by Utilitarianism ?

In the utilitarian theory of morality, activities that promote happiness or pleasure are encouraged, while those that result in sadness or injury are discouraged. An utilitarian philosophy would seek to improve society as a whole when used to guide social, economic, or political decisions.

According to utilitarianism, a course of action is morally correct if it makes the majority of the people in a society or a group of individuals happy.

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The Minimum change in dollar sales Rounds to the nearest cent.

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In deciding whether learning or conditioning will take place, the Rescorla Wagner model emphasises the significance of the US's springiness.

In physiology, conditioning is a behavioural process in which reinforcement causes a response to become more regular or predictable in a specific environment. Reinforcement often takes the form of a stimulus or reward for a desired response. Early in the 20th century, physiologists in Russia, England, and the United States created the processes, observations, and concepts of conditioning through the study of reflexes. The nature and conditions of conditioning became the focus of psychologists' research after the 1920s. A stimulus (or signal) can grow more effective at eliciting a response over time, or a response might happen more frequently over time in a controlled and predictable environment. This is known as conditioning.

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A firm revenue model describes how a firm will produce a superior

return on invested capital.

A revenue model is a framework for generating monetary profit.

It determines which revenue stream to pursue, what value to provide, how to price the value, and who pays for the value.

It is an important part of a company's business model.

It primarily identifies what product or service will be created to generate revenue and how the product or service will be sold.

Without a clear and well-defined revenue model, or a clear plan for generating revenues, new businesses are more likely to struggle due to costs that they will be unable to offset.

A clear revenue model allows a company to focus on a specific audience, fund product or service development plans, establish marketing plans, open a line of credit, and raise capital.

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