The software program will be distributed without charge by Firms 1 and 2.
Nash equilibrium: how is it solved?One would need to model out all of the potential outcomes to ascertain the outcomes and then choose the best course of action in order to find the Nash equilibrium in a game. This would take into account the many strategies that both players in a two-player game could select.
Suppose there are two Nash equilibriums.There is some hope that only one Nash equilibrium will be accepted if there are several. It is hoped that the rational participants will recognize that any inadmissible equilibria should be disregarded in this situation.
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the flow of funds from country to country is a major theme on the ap test. (a) list three reasons why funds would flow from the us to another country (or vice versa). with each of your reasons, explain why the money would be changing locations. (b) when money leaves the us, how does this impact the value of the us currency? draw how this would impact the dollar in the foreign currency market (use the euro as the comparison currency). (c) lastly, explain the difference between the capital and current accounts and give one example of something that would fall in the current account and one thing that would fall in the capital account.
Compared to the US, emerging markets like China and India have a bigger potential for growth. Investors are so seeking faster capital and higher growth.
What distinguishes capital accounts from current accounts?A country's balance of payments is divided in two by its current and capital accounts. The capital account documents the net change in assets and liabilities over the course of a given year, whereas the current account shows a country's net revenue over time.
Why would a nation alter its money?The necessity to have a more secure monetary system or in nations that are simply too small to benefit from the scale economies associated with having its own currency are two typical reasons for currency replacement.
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although household incomes across all income quintiles in the united states have gone up in terms, the distribution of income in terms has become less equal. multiple choice question. absolute; relative credit; cash cash; credit relative; absolute
Although household incomes across all income quintiles in the United States have gone up in absolute terms, the distribution of income in relative terms has become less equal.
The lowest 1/5 of values incomes from 0-20% of the range are represented by the first quintile. The second quintile contains values between 20 and 40%, the third quintile contains values equal between 40 and 60%, the fourth quintile contains values between 60 and 80%, and the fifth quintile has the greatest 1/5 of values between 80 and 100%. It is calculated as the difference between the total income obtained by the top quintile.
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milo contributes a building with a fair market value of $400,000 to a new partnership in exchange for a 25% interest. his adjusted basis in the building is $125,000, which is subject to a $100,000 mortgage. the partnership assumes the mortgage. what is milo's basis in his partnership interest?
Milo's basis in his partnership interest is $85000.
Solution:
Basis in exchange of partnership = $125000
Percentage in partnership = 25%
mortgage = $100000
Part of mortgage shared in partnership = $40000
Milo's basis in the partnership = $125000 - Mortgage shared = $125000 - $40000 = $85000.
If the property contributed for the equity was a capital or IRC 1231 asset, the holding period of the partnership's equity includes the holding period of the contributing asset. If the partner donates other assets or funds, the holding period begins the day after the interest is earned. Any income expense profit or loss that may affect a partner's tax liability in different ways is a separately reported item.
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Which of the following must be reported by diversified companies for each of their operating segments?
a.
Segment profit or loss, expenses, and unidentifiable assets
b.
Segment profit or loss, certain revenue and expense items, and segment assets
c.
Segment profit or loss, expenses, and earnings per share
d.
Assets, liabilities, and earnings per share
Diversified companies are required to disclose segment profit or loss, specific revenue and expense items, and segment assets for each of their operating segments. The correct response is option (b).
Define diversified companies.A corporation that is diverse owns or engages in multiple unrelated business sectors. Companies can diversify by starting new businesses on their own, merging with existing firms, or buying enterprises in different industries or service sectors. One frequently occurring type of diversified company is a conglomerate.
Businesses utilize diversification as a risk-reduction technique to expand into new markets and industries and boost profitability. This can be done through diversifying new products and services in new areas, targeting new customers and enhancing profitability.
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Graphically, the market demand curve is: O the vertical sum of individual demand curves. O the horizontal sum of individual demand curves. O greater than the sum of the individual demand curves. O steeper than any individual demand curve that is part of it. A market is in equilibrium: O at all prices above that shown by the intersection of the supply and demand curves. O whenever the demand curve is downsloping and the supply curve is upsloping. O if the amount producers want to sell is equal to the amount consumers want to buy. O provided there is no surplus of the product. Sn so SA Price Quantity Using the graph above, a change from Point A to Point E represents a(n):
O increase in quantity supplied.
O increase in supply. decrease in supply. O decrease in quantity supplied.
the horizontal average of each demand curve. The vertical total of all demand curves in the market is the market demand curve. O the horizontal total of each demand curve individually
What variations of demand curves are there?
There are two distinct demand curves. demand curves on the market and for individual goods. There is a graphic representation of the demand timetable. By plotting the price and amount demanded, it can be created.
Which way is the demand curve slanting?
A demand curve frequently has a downward sloping shape, as was earlier established. This idea is supported by the demand curves for the majority of items, if not all of them. There are occasionally products with demand curves that are upward-sloping. a good with an upward demand curve
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Which of the following serves as the central banker for private banks in the United States?
Question 25 options:
A)
The Federal Open Market Committee.
B)
The 12 Federal Reserve banks.
C)
The legislative branch of the government.
D)
The 12 Federal Reserve banks of the following serves as the central banker for private banks in the United States. Thus, option (b) is correct.
What is banks?The term Bank refers to a financial institution that deals with money. For the aim of saving and investing, the individual deposits money into a personal account. Additionally, banks can offer loans and ATM services. There are two different kinds of banks, such as public and private ones.
According to the Federal Reserve, the United States' banking system, the country has a secure, adaptable, and strong monetary and financial system. The Federal Reserve System, also known as the Federal Reserve or simply "the Fed," is the central bank of The United.
Therefore, option (b) is correct.
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mno preferred stock pays a dividend of $2 per year and has a price of $20. if mno's tax rate is 21 percent, the required rate of return on its preferred stock is found by which formula? multiple choice question. $20/.21 $20 - $2 $2/$20 $2/.21
mno preferred stock pays a dividend of $2 per year and has a price of $20. if mno's tax rate is 21 percent, the required rate of return on its preferred stock is found by formula:10 ($2/$20=10%).
What's the tax rate?The percentage at which a person or business is taxed in a tax system is known as the tax rate. Statutory, average, marginal, and effective tax rates can all be presented in different ways. The following definitions of a tax base that can be used to demonstrate these rates: complementary and exclusive.
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The profitability of the leading cola syrup manufacturers Peps Co and Coca-Cola and of the bottlers in the cola business is very different. PepsiCo and Coca-Cola enjoy an 81 percent operating profit as a percentage of sales; bottlers experience only a 15 percent operating profit as a percentage of sales. Which of the following statements explains why the cola syrup manufactuning business is potentilly so profitable relative to the bottling business? Check all that apply, O High capital costs mean that the bottling industry has considerable barriers to entry. O PepsiCo and Coca-Cola together make up the great majority of the market. O Bottlers have unique suppliers (Pepsi and Coke) while the manufacturers buy their inputs from numerous vendors
The cola syrup manufacturing business is potentially so profitable relative to the bottling business as bottlers have unique suppliers Pepsi and Coke while the manufacturers buy their inputs from numerous vendors.
Pepsi is a carbonated soft drink manufactured by PepsiCo. Originally created and developed by Caleb Bradham in 1893 and marketed as Brad's Drink, it was renamed Pepsi-Cola in 1898 and later shortened to Pepsi in 1961. The top also includes sugar and vanilla.
Bradham sought to create an attractive drink that could aid digestion and boost energy. The original stylized Pepsi-Cola trademark was used between 1898 and 1905. In 1903, Bradham moved Pepsi bottling from his pharmacy to a rented warehouse.
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your company has developed and implemented countermeasures for the greatest risks to their assets. however, there is still some risk left. what is the remaining risk called? answer residual risk risk loss exposure
The portion of risk that still exists after the execution of a countermeasure is known as residual risk.
Which phrase describes a danger that endures even after measures have been put in place?The risk that is still there after efforts have been made to detect and reduce some or all categories of risk. Remaining risk is significant for a number of reasons. The risk that remains after applying security measures and process improvements is the first thing to take into account.
Which of the following expressions best describes the idea of residual risk?In risk management, inherent risk and residual risk are closely related. The number of risks that exist without any controls or measures being taken to address or mitigate them is referred to as inherent risk.
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ssume brazil has production possibilities to produce either 50 batches of apples or 50 batches of peaches using 100 work hours. if brazil chooses to produce 30 batches of apples, how many batches of peaches can it produce? place the moveable point at the coordinate that shows this production possibility. make sure that the point's coordinates are exactly correct.
apples produced in Brazil, it takes 1 worker hour. It'll still take 60 labour for Brazil to manufacture 30 sets of apples (30/50*100). The nation can generate 20 sets of peaches in the additional 40 hours (400.50).
production, what do you mean?Producing anything is the method of combining different inputs, both tangible (such metal, woods, glass, or polymers) and intangible (like plans or knowledge). This output should ideally be a product or service that is useful and increases people's utility.
What does production serve as a means for?To satisfy customer demand for these resource conversions, production is undertaken. "Production is the planned transformation of basic materials into finished goods and services."
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true or false? the stage a product goes through from introduction to its final withdrawal is referred to as the product life cycle.
The product life cycle (PLC) is the cycle through which each item goes through from prologue to withdrawal or possible destruction It is true.
The second phase of the item life cycle is viewed as the critical stage for some organizations and makers in laying out an item's situation in a market, expanding deals, and further developing net revenues.
An item life cycle is an administration instrument that assesses an item's excursion from improvement to withdrawal from the market. As referenced before, it incorporates four phases presentation, development, development, and decline.
With that calculation in mind, it's easy to understand why some say that the customer lifecycle doesn't truly begin until Stage 5. Now is when consumers start to form their lasting opinion about your products and your brand.
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which statement describes the rational expectations of people and businesses when a shift in aggregate demand occurs?
People and firms with rational expectations will be aware that when there is a change in aggregate demand, it will have a permanent influence on the price level while having a transitory impact on output and employment.
What are rational expectations?According to the economic theory of rational expectations, people make judgements based on the best information available in the market and take into account historical trends. In accordance with rational expectations, people will occasionally make mistakes but generally make the right decisions.
American economist John F. Muth introduced the concept of rational expectations in 1961. However, it was widely applied in microeconomics as part of the new classical revolution and popularised by economists Robert Lucas and T. Sargent in the 1970s.
The idea of rational expectations suggests that, at the macroeconomic level, people should reasonably anticipate this pattern if the aggregate supply curve is vertical over time. People and firms with reasonable expectations will be aware that when there is a change in aggregate demand, it will have a permanent influence on the price level while having a transitory impact on output and employment.
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Cash paid to purchase long-term investments would be reported on the statement of cash flows in:
a. Cash flow from operating activities
b. Cash flow from investing activities
c. Cash flow from the financing activities
d. A separate schedule
B. Cash flow from investing activities
Cash paid to purchase long-term investments is reported on the cash flow statement in Cash flows from investing activities. This cash flow statement is a statement where it records purchases of long-term investments.
The definition of a cash flow statement, also known as a cash flow statement, is a type of financial report that contains information on receipts and disbursements of cash in a company for a certain period of time. The function of this report is to provide information as well as a revision of where the company's cash comes from and how they spend it. Simply put, this report is used to track income and expense records of all company activities.
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what is the most likely reason for hiring host-country nationals to fill most of a company's foreign positions?
The values of said local labor are simple for them to comprehend Workforce.
Is it two words?The workforce as a whole is regularly cited by economists, and you've actually heard news reports on the labor in the nursing or auto industries. Given that it refers to a large number of individuals the word "workforce" can be used either singularly or plurally. Since the beginning of the 1960s, it has been in use.
What does a company's staff consist of?The term "workforce" refers to the number of individuals who are employed by a certain business or who are engaged in a particular task, i.e., human resources. The idea of workforce planning is also directly tied to the maximizing of workers' production, as the phrase itself indicates.
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the bond carrying value can be determined by taking the bond value minus the discount on bonds payable.
Calculating a bond's face value, also known as its par value, as well as the present value of its future interest payments, also known as its cash flow or future value, are both necessary steps in bond valuation.
Define bonds.According to the rules, a bond's principle and interest must be repaid at the bond's maturity date by the issuer, who owes the holder a debt. Bonds are a type of security used in finance.
Bond discount is the distinction between the market price of a bond and the principal amount due at maturity. When a bond is issued at a discount, the market price is less than the face value. Bond valuation is a technique for calculating the fictitious fair value of a specific bond.
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The RMC Corporation blends three raw materials to produce two products: a fuel additive and a solvent base. Each ton of fuel additive is a mixture of 2/5 ton of material 1 and 3/5 ton of material 3. A ton of solvent base is a mixture of 1/2 ton of material 1, 1/5 ton of material 2, and 3/10 ton of material 3. RMC’s production is constrained by a limited availability of the three raw materials. For the current production period, RMC has the following quantities of each raw material: material 1, 20 tons; material 2, 5 tons; material 3, 21 tons. Management wants to achieve the following P1 priority level goals:
Goal 1: Produce at least 30 tons of fuel additive.
Goal 2: Produce at least 15 tons of solvent base.
Assume there are no other goals.
Is it possible for management to achieve both P1 level goals given the constraints on the amounts of each material available?
Raw Material Amount needed to Achieve Both P1 Goal
Treating the amounts of each material available as constraints, formulate a goal programming model to determine the optimal product mix. Assume that both P1 priority level goals are equally important to management. If you don't need the variable in the model, enter "0". If you need a negative number, enter minus sign with it. If necessary, enter the numbers as a common fraction.
Let x1 = the number of tons of fuel additive produced
x2 = the number of tons of solvent base produced
d1+ = the amount by which the number of tons of fuel additive produced exceeds the target value of 30 tons
d1- = the amount by which the number of tons of fuel additive produced is less than the target of 30 tons
d2+ = the amount by which the number of tons of solvent base produced exceeds the target value of 15 tons
d2- = the amount by which the number of tons of solvent base is less than the target value of 15 tons
Answer:
Goal 1: Produce at least 30 tons of fuel additive.
Goal 2: Produce at least 15 tons of solvent base.
Explanation:
To formulate the goal programming model, we need to set up the objective function and the constraints based on the given information. Let's define the decision variables and the deviation variables:
Decision variables:
Let x1 = the number of tons of fuel additive produced
Let x2 = the number of tons of solvent base produced
Deviation variables (amount by which the goals are exceeded or not met):
Let d1+ = the amount by which the number of tons of fuel additive produced exceeds the target value of 30 tons
Let d1- = the amount by which the number of tons of fuel additive produced is less than the target of 30 tons
Let d2+ = the amount by which the number of tons of solvent base produced exceeds the target value of 15 tons
Let d2- = the amount by which the number of tons of solvent base is less than the target value of 15 tons
Objective function:
Since both goals are equally important, we want to minimize the total deviations from the target values. The objective function is the sum of these deviations:
Minimize: Z = d1+ + d1- + d2+ + d2-
Constraints:
Material 1 constraint: The total material 1 used in producing fuel additive and solvent base cannot exceed the available 20 tons of material 1.
2/5 * x1 + 1/2 * x2 <= 20
Material 2 constraint: The total material 2 used in producing solvent base cannot exceed the available 5 tons of material 2.
1/5 * x2 <= 5
Material 3 constraint: The total material 3 used in producing fuel additive and solvent base cannot exceed the available 21 tons of material 3.
3/5 * x1 + 3/10 * x2 <= 21
Fuel additive production goal constraint: The fuel additive production should be at least 30 tons.
x1 + d1+ - d1- = 30
Solvent base production goal constraint: The solvent base production should be at least 15 tons.
x2 + d2+ - d2- = 15
Non-negativity constraints:
x1, x2, d1+, d1-, d2+, d2- >= 0
Now we have the complete goal programming model. The objective is to minimize the total deviations (d1+, d1-, d2+, d2-) from the target values while satisfying the material constraints and the production goals. The model can be solved using standard optimization techniques such as linear programming to find the optimal production mix.
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at a job fair, a recruiter explained to marcia that his company not only looks for employees who have college degrees and work experience, but also those who have the same beliefs and value systems as the company. what aspect of the company is the recruiter referring to?
A recruiter is a human resources (HR) expert who focuses on finding new employees for a business.
Describe a recruiter ?While some recruiters work for staffing firms and assist clients in finding the best personnel for their requirements, some recruiters work for specific businesses and only find employees for those businesses.To ascertain what their precise staffing requirements are, you may need to consult with your clients or the recruiting managers for a position.In general, you shouldn't begin your search for the ideal candidate for a position without a plan.A step in the hiring process is screening the resumes you receive after posting a job opportunity and after they start to arrive.Recruiters are typically the ones who go to job fairs and hiring events for the industries where they are useful in order to identify potential prospects.To learn more about recruiter refer to:
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. if you deposit $2,000 cash at your bank, the banking system money supply:
If you deposit $2,000 cash at your bank, the banking system money supply: does not change.
Do cash deposits affect the amount of money on hand?The total amount of reserves held by a bank rises with each dollar deposited into an account. The bank will lend out the extra reserves while keeping some of the necessary reserves on hand. The money supply is increased when such loan is made. Banks "generate" money in this way to expand the available supply.
The total amount of money and other liquid assets in an economy on the measurement date is known as the money supply. Both cash and deposits that can be accessed virtually as easily as cash are roughly included in the money supply. Through a mix of their central banks and treasuries, governments issue coin and paper money.
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After hearing erin’s example, what is your reaction? have you considered the opportunity cost of paying off student loans?
The opportunity cost of paying off student loans is that amount money which cannot be used on anything else or opportunity cost of holding any other financial asset.
What is the Opportunity Cost?The Opportunity cost is the potential benefits that an individual, investor or business misses out on when choosing one alternative over another. It is the foregone benefit that would have been derived from an option not chosen.
The opportunity cost is a strictly internal cost used for strategic contemplation; it is not included in accounting profit and is excluded from external financial reporting.
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You own a restaurant. You
have a beginning balance of
$2,500, $57,250 in total cash
sales, $5,300 for utilities,
$7,500 in loan payments, and
$3,200 for marketing costs.
What is your ending cash
balance for the year?
Answer:
43,750
Explanation:
2,500+57,250= 59,750 in total cash. $5,300 + 7500+3200= 16,000 in total cost. Lauren's ending cash balance is 43,750 because $59,750-1600= 43,750.
At this point I'm doing your homework for you
quora when the fed conducts an open market purchase of securities, what happens to the fed funds rate?
when the fed conducts an open market purchase of securities, the fed funds rate lower the interest rate.
In relation to the amount lent, deposited, or borrowed, the amount of interest due each period is expressed as an interest rate. The amount lent or borrowed, as well as the interest rate, frequency of compounding, and the period of time during which it is lent, deposited, or borrowed, all affect how much interest will be charged overall.
Other interest rates, such as monthly or daily rates, also apply but are typically annualised. The sum that the lender demands from the borrower in addition to the principal amount is known as the interest rate. A person who deposits money in a bank or other financial institution also makes additional money in the eyes of the recipient because of the time worth of money, which is known as interest.
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Safety stock can be used to curb lead-time variability. True False Large lots of inventory can lead to quantity discounts and lower setup costs, but larger carrying costs. True False A company expects to sell 288 units next year. Annual carrying costs are $10 per unit, ordering costs are $60. and the company operates 365 days a year. Thus, the length of the order cycle = 94.77 workdays. O True O False A company uses 40 units of inventory each week. Allowable risk of a stockout is 5% Average lead time is 3 weeks with a standard deviation of 0.5 weeks. If the distribution of usage is normal, then the reorder point is 192.8 units O True
It is true that safety stock can be used to curb lead-time variability. Large lots of inventory can lead to quantity discounts and lower setup costs, but larger carrying costs. This statement is also true.
The other two statements given are false. The expenses related to storing goods for a while before turning them into liquid capital are known as inventory carrying costs. Typically, carrying costs are stated as a percentage of the overall inventory value.
Simply put, safety stock is excess inventory that a manufacturer or retailer keeps on hand in case demand spikes ad hoc. This indicates that there is extra stock over the desired quantity that you would typically keep for daily operations.
Preventing stockouts is one of the primary goals of manufacturers' and retailers' safety stock strategies. Stockouts are typically brought on by:
Consumer demand changes
Inaccurate stock predictions
Lead times for raw materials might vary
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if not all prices adjust instantly to changing economic circumstances, an unexpected fall in the price level leaves some firms with higher-than-desired prices, and these higher-than-desired prices depress sales and induce firms to reduce the quantity of goods and services they produce. a. true b. false
If not all prices adjust instantly to changing economic circumstances, an unexpected fall in the price level , and prices depress sales and induce firms to reduce the quantity of goods and services they produce is true.
How do sales work?A sale is a deal that involves exchanging goods or services for money along with other factors. In other terms, a sale is any action that involves handing over ownership of a thing or commodity to the buyer in return for payment.
What is a salesperson's function?While gathering orders from current or potential sales outlets, the sales representative is in charge of selling products and attending to customer demands. While making a purchase, they make sure the buyer is happy and well-cared-for.
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When demand decreases and the (upward sloping) supply curve remains in the same position, O A. price falls and equilibrium quantity rises. O B. price rises and equilibrium quantity rises. O C. price falls and equilibrium quantity falls. O D. price rises and equilibrium quantity falls.
Price increases, while the equilibrium quantity decreases. when demand declines and the supply curve (which is upward sloping) remains stationary
What a balance amount means?
When a product's quantity is balanced, neither it nor it's excess are present. The amount of a good that consumers desire to buy is equal to the amount that its producers are supplying when demand and supply converge.
Equilibrium quantity and price: what is it?
The only price at which consumer and producer plans align is the equilibrium price, which is attained when the quantities sought by consumers and supplied by producers, respectively, are equal. The equilibrium quantity is the name for this ubiquitous quantity.
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which of the following will increase the supply of money in the economy? select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer. a holding currency in a checking account rather than in your pocket. b a bank making a loan. c a decrease in the required reserve ratio. your answer d all of the above.
A decrease in the required reserve ratio will increase the supply of money in the economy.
What is economy?An economy is an area where products and services are produced, distributed, traded, and consumed.It is generally understood to be a social domain that emphasizes behaviors, discourses, and tangible manifestations associated with the creation, utilization, and management of finite resources.An economy is a network of related production and consuming activities that ultimately decide how resources are distributed within a community.The requirements of those who live and work there are satisfied through the production and consumption of goods and services as a whole.A traditional economy is a wonderful illustration of an economy since it uses national traditions and history to guide the creation and distribution of products.Agriculture, fishing, and hunting make up the bulk of the traditional economy.To learn more about economy from the given link :
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anna filed a charge of employment discrimination. an eeoc investigation resulted in a determination to dismiss the charge. what could anna do next? group of answer choices achieve conciliation reach a settlement file a suit herself find reasonable cause
In the situation of employment discrimination, Anna has the option of filing a suit herself as the one in the best of her interest. Therefore, the option C holds true.
Employment discrimination can be referred to or considered as the practice wherein an employee or a group of employees is being socially discriminated due to a number of external factors, which is completely unrelated to the workplace environment.
In an attempt to stop the practices of discrimination, a person may file a suit regarding the same. This will help the person from being a victim of such unlikely practices within the workplace.
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amanda company purchased a computer that cost $10,300. it had an estimated useful life of five years and a residual value of $1,150. the computer was depreciated by the straight-line method and was sold at the end of the third year of use for $5,120 cash. how much of a gain or loss should amanda record?
The right reply is gain of $400. Straight line basis is a approach of calculating depreciation and amortization, the method of expensing an asset over a longer length of time than when it was purchased.
It is calculated via dividing the distinction between an asset's fee and its anticipated salvage price via the wide variety of years it is anticipated to be used.
Why straight line approach is used?Straight line groundwork is a depreciation approach used to calculate the carrying out of an asset's price over its serviceable lifespan by means of assuming an equal depreciation price every accounting period. Companies use the straight line foundation to fee the price of an asset over accounting periods to decrease internet profits
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https://brainly.com/question/29524602#SPJ4which of the following does not form the integral part of business analytics? a. statistics b. modelling and optimization c. machine learning d. data mining
All of the answers to the question are appropriate because they are all integral part of business analytics.
What do mean by integral part?Something that is essential is crucial or required. If you're an essential member of a team, it signifies that you are necessary for the team to work. To complete the whole, an essential component is required. The term "essential" is almost a synonym in this context.
How important is school to our daily lives?A child's life might include school as an integral part. A youngster attends school to learn the fundamentals of interpersonal skills, social dynamics, and adaptability in order to thrive in today's interconnected society.
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The debt created by a business when it makes a purchase on account is referred to as an:
account payable.
account receivable.
asset.
expense payable
A) The term "account payable" refers to the debt a company incurs when it purchases on account.
The debts incurred by a company as a result of numerous underlying transactions are represented by a number of accounts on the balance sheet. A company's debts consist of amounts owed to third parties, such as creditors.
The short-term debt payment known as Accounts Payable must be paid in order to avoid default. Description: When you order goods or services without paying in cash up front, Accounts Payable becomes a liability due to a specific creditor. This indicates that you purchased the goods on credit.
What is Records Payable?The company's financial, administrative, and clerical support is handled by the Accounts Payable department. They are in charge of recording the company's short-term debts, making payments to suppliers and other creditors, and paying vendor invoices or bills.
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if the consumer price index (cpi) was 220 in 2009 and 225 in 2010, by how much percent did the price of the average good increase?
if the consumer price index (cpi) was 220 in 2009 and 225 in 2010, the increase in percentage is 6.18%.
consumer price index (cpi)Understanding the Consumer Price Index The CPI estimates the average change in prices paid by consumers for a basket of goods and services over time, often known as inflation. It essentially aims to quantify an economy's aggregate price level and hence evaluate the buying power of a country's unit of currency. See the CPI website for a smaller table including only current CPI data (2000-Present). For clarity, the Consumer Price Index (CPI-U) is reported to be based on a 1982 base. However, the BLS adjusted the index to an average of 100 for the years 1982 through 1984 (inclusive), hence there is no single day when it was exactly 100.
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