A preliminary prospectus can be distributed to the investing public at the time the registration was submitted to the SEC and the effective date by underwriters who are helping an issuer offer securities to the investing public.
Are prospectuses filed with the SEC?The Securities and Exchange Commission (SEC) must receive a prospectus, a legal document that gives details about a securities offering to the general public. A prospectus is provided for the offering of stocks, bonds, and mutual funds.
What does a prospectus that has not received SEC approval go by?A preliminary prospectus must first be made available before any official offer may be made. The strategy of a company, the anticipated use of cash, financial figures, and managerial information may all be included in a preliminary prospectus.
When may preliminary prospectuses be sent?Before the Securities and Exchange Commission (SEC) declares that an issuer's registration statement is lawful under Section 10 of the Securities Act of 1933, the issuer may prepare and disseminate a preliminary prospectus (b). Issuers continue to be required to prepare a final prospectus in accordance with Section 10 before putting their securities up for sale (a).
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To paste copied cell contents with values only, not including formatting, which of the following can you use? Select all the options that apply .
a. Paste pane
b. Paste Options button
c. Paste button
d. Paste Special
Use the Paste Special command to only paste the formats of a copied cell. The correct option is option d.
The PowerPoint or Word software, for example, automatically reformats copied text to match the destination content when you paste it into an Office application. However, you can paste it as a link or a photo, for instance, or use Paste Special to preserve the original formatting.
Press Ctrl+Alt+V or Alt+E+S to bring up the Paste Special dialogue box once you've copied the data. Advice: Another option is Home > Paste > Paste Special. formatting for the destination. Numbers can be pasted using Paste Special with the formatting of the target document. Copy the numbers you want to paste to do this. Select Values and Paste Special from the Home tab.
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which of the following giveaways is not permitted at an educational event (assume nominal retail value rule is met)?
A Medicare agent is in charge of giving a brief overview of unofficial marketing or sales events.
Based on Medicare and Medicaid services, a Medicare Agent is the only person allowed to give a brief introduction presentation of educational content at the start of a casual marketing/sales event. A Medicare agent is in charge of giving a brief overview of unofficial marketing or sales events. This concise introduction can include information regarding Medicare's insurance needs, etc. Thus, it may be said that in this instance, a Medicare agent actively participates in the marketing/sales event. Any quantity that can be measured and whose value fluctuates across the population is referred to as a variable. The mathematical makeup of a variable, or more specifically, the method by which a variable is measured, determines its level of measurement.
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refer to the data. if, other things equal, creamy crisp's revenue fell to $286,000: group of answer choices it would earn a normal profit but not an economic profit. its accounting profit would fall to zero. its implicit costs, including a normal profit, would exceed its explicit costs. it would suffer an economic loss.
If, other things equal, Creamy Crisp's revenue fell to $286,000: it would earn a normal profit but not an economic profit.
What does the term "revenue" mean?The term "revenue" refers to the overall profits a business makes through its primary activities, such as the sale of goods or services, the rental of real estate, periodic payments, the interest on loans, etc. Prior to taking away any costs, including discounts and returns, revenue calculations are performed.
How do revenue and profit differ?While both revenue and profit are positive indicators for your company, the phrases are not equivalent. Each one provides a crucial perspective on your company. Profit is the net income remaining after all costs have been deducted from revenues, which is the income created by business operations.
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69) for an fha loan on mixed-used use property, the allowable percentage of commercial use for a single-story building must not be more than:
For an FHA loan on mixed-used use property, the allowable percentage of commercial use for a single-story building must not be more than 25%.
Option A is correct.
What advantages does an FHA loan provide?You may be able to qualify for an FHA loan with a down payment of as little as 3.5% of the purchase price and much lower credit scores than conventional loans allow. You may even be preapproved with a DTI ratio above 50% if you have more money in the bank and a higher credit score.
Why do individuals refuse FHA loans?Sellers may believe that FHA buyers are less likely to be approved for a loan than conventional borrowers due to the fact that FHA loans assist low- to moderate-income borrowers with less-than-stellar credit in becoming homeowners.
What is the FHA loan's process?From the borrower's perspective, an FHA loan functions similarly to a conventional mortgage. The Federal Housing Administration will not provide you with a loan. An FHA loan application will be submitted through an FHA-approved lender.
Question is incomplete:
For an FHA loan on mixed-used use property, the allowable percentage of commercial use for a single-story building must not be more than:
a. 25%.
b. 50%.
c. 75%.
d. none of the above
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lean, which originated at toyota, uses many japanese terms for its concepts. match the term with the definition.
Our world-famous lean manufacturing system. The way we make automobiles is defined by the Toyota Production System (TPS). It is an unique manufacturing philosophy that pursuits to put off waste and gain the satisfactory viable efficiency – what is regularly known as a “lean” or “Just-In-Time” system.
What is every other term for Lean manufacturing?The concept of Lean manufacturing machine is also acknowledged as JIT – Just-in-Time manufacturing system, SPF – Single Piece Flow, TPS – Toyota Production System and Flexible Manufacturing System. The phrase 'Lean' was once coined by means of Professor James Womack from MIT, US, in the early 1990s, and the thinking was born in Japan.
Toyota Lean Management is a administration philosophy that teaches group participants how to resolve troubles in a way that is nice and sustainable.
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https://brainly.com/question/28928570#SPJ4which of the following types of attributes are specifically identified by customers as wants and needs.
The attributes which are specifically identified by customers as wants and needs are efficiency, affordability, availability, and fairness.
The customer's wants and needs were given by Kano model, in which he graphically represented achievement vs satisfaction curve, to represent the excited, expected and normal needs. The expected needs satisfy all the demands of the customer which includes customer safety, expected functions and variability. The normal needs are those which makes the seller/ supplier sustain in the market. The excited needs refers to the imaginative needs of the customer and if they see such products, the customer is likely to buy the product so as to increase the purchase.
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in a command economy, private individuals and businesses to determine what goods to produce, how much of these goods to produce, and at what cost to the consumer. f
in a command economy, private individuals and businesses to determine what goods to produce-False.
In a command economy, the government, rather than private individuals and businesses, determines what goods to produce, how much of these goods to produce, and at what cost to the consumer. The government controls the means of production and makes decisions about how resources should be allocated and what goods and services should be produced. Prices are often set by the government, and private ownership of property and businesses may be limited or non-existent. On the contrary, in a market economy, private individuals and businesses make these decisions based on supply and demand, and prices are determined by the market.
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a client is currently struggling with late stage integration and manual deployments. they want to find another method that will better suit their needs and they are reviewing the devops approach. which statement describes an advantage of devops
The claim highlights a benefit of DeVos. With more dependability and quality, it can supply services more quickly.
What does "high reliability" mean?An organizational culture that strives for error-free performance and safety in every procedure, every time, when working in challenging, risky, or dangerous conditions is referred to as being "high reliability."
Why is high reliability a positive thing?Due to the complexity of operations and the possibility of serious, even potentially catastrophic repercussions from failures, the idea of high dependability is appealing for the healthcare industry. High dependability is occasionally interpreted as an effective standardization of medical procedures.
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accounting income consists of all the following components except: question 4 options: temporary component. value irrelevant component. transitory component. permanent component.
All of the following parts make up accounting income, with the exception of the temporary part.
Option A is correct.
The temporary component of accounting income is made up of four parts: permanent, relevant to value, temporary, and transitory.
Items that have a short-term impact on the income statement, such as gains and losses from short-term investments or one-time events, are referred to as the temporary component.
Items with long-term effects on the income statement, such as gains and losses from long-term investments or ongoing operations, are referred to as value relevant components.
Items that have a transitory effect on the income statement are referred to as the "transitory component," and examples include gains and losses resulting from fluctuations in the value of a currency or the sale of an asset.
Items with an expected long-term impact on the income statement, such as gains and losses from investments or operations, are referred to as the permanent component. Because it is not one of the accounting income components, the correct response is the temporary component.
Question incomplete:accounting income consists of all the following components except: question 4 options:
A. temporary component.
B. value irrelevant component.
C. transitory component.
D. permanent component.
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Lupe made a down payment of S8000 toward the purchase of new car: To pay the balance of the purchase price, she has secured a loan from her bank at the rate of g%/year compounded monthly: Under the terms of her finance agreement she is required to make payments of S49O/month for 60 months_ What is the cash price of the car? Round the answer to the nearest cent)
the amount financed was $3789.47 and you must add to that the down payment of $9000. Therefore, the cash price of the car was $12789.47.
What is Compound Interest?When you earn interest on your interest earnings as well as the money you have saved, this is known as compound interest. In other terms, compound interest is interest on principal + interest and refers to the addition of interest to the principal amount of a loan or deposit. Compounding is effective for both promised and unguaranteed products. All or part of your money could be lost. Mutual funds, equities, real estate, gold, and income trusts are among examples.
A is the final amount paid on the loan[tex]$=420(24)=\mathbf{\$ 1 0 , 0 8 0}, \mathrm{r}$[/tex] is the interest rate of [tex]$\mathbf{. 0 5}, \mathrm{n}=\mathbf{1 2}$[/tex] since it's compounded monthly and [tex]$\mathrm{t}=\mathbf{2}$[/tex]
You need to find out how much money was borrowed or[tex]$\mathrm{P}$$$[/tex]
[tex]A & =P\left(1+\frac{r}{n}\right)^{n t} \\[/tex]
[tex]10080 & =P\left(1+\frac{0.5}{12}\right)^{12 \cdot 2} \\[/tex]
[tex]10080 & =P \cdot 2.66 \\[/tex]
[tex]P & =\$ 3789.47[/tex]was [tex]$\$ 12789.47$[/tex]
Thus, the amount financed was $3789.47 and you must add to that the down payment of $9000. Therefore, the cash price of the car was $12789.47.
The complete question is,
Lupe made a down payment of $9000 toward the purchase of a new car. To pay the balance of the purchase price, she has secured a loan from her bank at the rate of 5%/year compounded monthly. Under the terms of her finance agreement, she is required to make payments of $420/month for 24 months. What is the cash price of the car? (Round your answer to the nearest cent.)
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assume that the industry adjusts to a new long-run equilibrium. compare the following between the initial and the new long-run equilibrium. price in the industry output of a typical firm the number of firms in the dairy industry
In the initial long-run equilibrium, the price in the industry is likely to be at a level that balances the supply and demand for the goods or services produced by firms in the dairy industry.
The output of a typical firm will be at a level where the firm is earning an normal profit, and the number of firms in the industry will be determined by the profitability of the industry and the barriers to entry.In a new long-run equilibrium, the price in the industry may have changed due to shifts in supply and demand, technological advancements, or changes in government regulations. The output of a typical firm may also have changed, as firms may have adjusted their production processes or adopted new technologies in response to changes in the industry. The number of firms in the industry may have also changed as a result of new firms entering the market or existing firms leaving the market.
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a real estate licensee instructs a potential client who is interested in buying property adjacent to an operable cement plant that federal regulatory requirements can significantly affect property values based on which of the following laws?
In addition to any restrictions that may have an influence on the air or water on a property, disclosure obligations can take many different forms and apply to a wide range of properties.
What types of regulations are there?laws that impose obligations.
laws that explicitly grant rights and/or offer protection.
Self-regulation.
Inspectorates and licensing organizations.
economic authorities.
public sector activity regulators.
What is an illustration of a regulation?Limits on environmental pollution, laws against child labor or other employment restrictions, minimum wage laws, regulations requiring accurate labeling of the ingredients in food and drugs, and regulations establishing minimum standards of testing for food and drug safety are common examples of regulations.
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using the stock price and return data in exhibits 5 and 6, estimate the capm beta. hint: to calculate returns when there is an x to y stock split, use
Beta could be calculated by first dividing the security's standard divagation of returns by the standard's standard divagation of returns.
The performing value is multiplied by the correlation between the security's returns and the standard's returns. Beta can be calculated by dividing the asset's standard divagation of returns by the request's standard divagation. The result is also multiplied by the correlation between the security's and request's returns. Abate the threat-free rate from the request( or indicator) rate of return.
However, the difference would be 6, If the request or indicator rate of return is 8 and the threat-free rate is again. Divide the first difference above by the alternate difference over. This bit is the beta figure, generally expressed as a decimal value.
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Design a salary slip for the month of Nov 2022 with information given below. Fixed vs variable ratio- 70:30 Ctc - 18L Basic- 50% Hra- 20% Da - 12% Insurance - 2500 Incentive- 75% target completion Pf 12% Earned leaves - 2 LOP - 4
A salary slip for the month of Nov 2022, should look like
Salary Slip for the Month of November 2022
Employee Name: __________________________
CTC: 18,00,000
Breakup of Salary:
Basic Salary: 50% of CTC = 9,00,000
HRA: 20% of Basic Salary = 1,80,000
DA: 12% of Basic Salary = 1,08,000
Insurance: 2,500
Incentives: 75% of Target Completion = ____________
PF: 12% of Basic Salary = 1,08,000
Earned Leaves: 2
LOP: 4
Total Earnings: ____________
Total Deductions: ____________
Net Salary: ____________
What is salary slip ?Generally, A salary slip is a document provided by an employer to an employee, outlining the details of their earnings for a specific pay period. It typically includes information such as the employee's name and identification number, their gross pay, any deductions that have been made, such as taxes and insurance, and the employee's net pay, which is the amount they will receive in their paycheck.
The salary slip can also include information about any bonuses or other forms of compensation that the employee has earned.
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classify the appropriate terms into each situation. it is possible that some terms should be placed in multiple situations, some terms should not be placed in a situations, and some situations will not correspond with any of these terms. Diana lives in Japan and is concerned about the future purchasing power of the Japanese Yen. She acquires some American dollars because she thinks the purchasing power of dollars will be more stable
Diana's situation is a classic example of diversifying her portfolio. She is investing in multiple assets to protect her wealth and maintain its purchasing power.
Classify the appropriate terms into each situation?By diversifying her investments, she is spreading out her risk to ensure she can maintain purchasing power no matter the economic conditions in Japan or the US.In this situation, Diana has adopted a strategy of hedging. By investing in both the Japanese Yen and the US Dollar, she is reducing the risk of losing purchasing power in either currency due to economic fluctuations. This strategy allows her to maintain the purchasing power of her investments despite economic uncertainty.Diana is also engaging in currency arbitrage. By investing in different currencies, she is taking advantage of differences in exchange rates to maximize her purchasing power. She is also engaging in speculation, as she is betting that the US Dollar will be more stable than the Japanese Yen and will therefore give her a better return on her investment.Finally, Diana is engaging in portfolio diversification, as she is investing in multiple assets to reduce the risk of losing purchasing power. This strategy allows her to spread out her risk and ensure that she can maintain her purchasing power regardless of the economic conditions in Japan and the US.To learn more about diversifying her portfolio refer to:
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as countries develop, they naturally adopt more protection of labor and environmental standards.
True, as countries develop, they naturally adopt more protection of labor and environmental standards.
How do developed countries affect the environment?In contrast, the industrialised world consumes the most energy, which significantly adds to the greenhouse gas problem on a global scale. In developed nations compared to developing nations, there is greater energy exploration and use in industrial operations, which helps them become richer.
Modern technology can be used to combat environmental pollution in developed nations, but the consequences will primarily affect developing and less developed nations. Sustainable practises have the potential to improve social cohesion, increase living standards, and arouse optimism for the future.
Through the protection of natural resources, the mitigation of climate change, the promotion of biodiversity, and other factors, sustainable practises are advantageous to the environment.
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Complete question
As countries develop, they naturally adopt more protection of labor and environmental standards. True or False?
Identify social responsibilities of the advertising industry in the United States
To support local enterprises
To participate in civic events
To improve the community
Social responsibilities of the advertising industry in the United States are To support local enterprises, to participate in civic events, to improve the community, to support local enterprises and many more.
Social responsibilities are the responsibilities of citizens to their community and to one another. These responsibilities can include but are not limited to, being a good citizen, providing for your family, participating in the community, and giving back.
Some other social responsibilities are:
To participate in civic events.To improve the community's image.To support the development of new businesses.To promote mental health awareness.To raise money for charity.To support the environment.To support the arts.To promote the development of new technology.To support the growth of small businesses.To support the development of the American economy.To promote the promotion of healthy lifestyles.To support the development of small businesses in rural areas.To develop marketing plans.To develop trade shows and advertising campaigns.To learn about Social responsibilities:
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By putting the _____ at the center of ad design, account planning focuses the creative process on nurturing a relationship between that person and the brand.
By putting the consumers at the center of advertisement design, account planning focuses the creative process on nurturing a relationship between that person and the brand.
The consumers are the most important phenomenon for each and every commercial organization. This is because, only the consumers contribute to the substantial revenues of their operations. Thus, while creating an ad design, it is essential for a company to take the consumers into consideration and put them at the center of the same.
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Cash turnover is 4.5 times with no of days in a year 360 days. Annual cash outflow is 175000. Accounts payable can be stretched by 20 days and it will cost 700 per annum. Is it beneficial to get the accounts payable stretched if the return on investment is 8%.
When the return on investment is greater than 8%, it would be beneficial to stretch the accounts payable as it would generate a positive return.
How to explain the turnover?To determine whether it is beneficial to get the accounts payable stretched, we need to calculate the net cash flow generated by the move and compare it to the cost of the extension.
First, we can calculate the cash turnover ratio:
Cash turnover = 4.5 times
Days in a year = 360 days
Cash turnover ratio = 4.5 times / 360 days = 0.0125
Next, we can use this ratio to calculate the average amount of cash held by the company:
Annual cash outflow = 175000
Average cash held = Annual cash outflow / Cash turnover ratio = 175000 / 0.0125 = 1400000
Then, we can calculate the cost of stretching the accounts payable by 20 days:
Cost of extension = 700 per annum
Finally, we can calculate the net cash flow generated by the extension:
Net cash flow = Average cash held - Cost of extension = 1400000 - 700 = 1399300
To check if the net cash flow is positive or not and it's worth to stretch the accounts payable we need to calculate the return on investment:
Return on investment = (Net cash flow / Cost of extension) x 100
If the return on investment is greater than 8%, it would be beneficial to stretch the accounts payable as it would generate a positive return.
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in the context of a business where products and services are offered to customers, demand is created by the . (enter only one word per blank.)
In the context of business where products and services are offered to customers, demand is created by customers.
Customers are important because they drive sales. Without them, companies cannot continue to exist. All businesses compete with others to win customers by aggressively promoting their products, lowering prices to grow their customer base, or creating unique products and experiences that customers love. attracting.
To understand how to better meet customer needs, some companies closely monitor customer relationships to find ways to improve their services and products. How companies treat their customers gives them a competitive advantage. A consumer can be a customer, but a consumer is defined as someone who consumes or uses the goods and services of a market.
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At an architecture firm where Pamela works, her manager is a personable and likable person who is quite popular. Pamela has said that if she were the manager, she would manage just as he does. This manager seems to have a high degree of __power A) expert B) legitimate C) referent D) reward E) coercive
The manager seems to have a high degree of referent power.Referent power is the ability of a leader to inspire and guide others through their personal characteristics, such as personality, charisma, and integrity.
The manager in this scenario is described as being personable and likable, which suggests that he has a strong referent power as he is able to inspire and guide others through his personal characteristics.
In summary, the manager in this scenario seems to have a high degree of referent power, which is the ability to inspire and guide others through their personal characteristics, such as personality, charisma, and integrity.
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The two sources of stockholders' equity are amounts:
a. paid in from shareholders
b. borrowed from banks
c. borrowed from related companies
d. earned by the corporation
Shareholder equity is also known as the book value of the company and is derived from two main sources, the money invested in the business and the retained earnings.
What it entails to be a shareholder?A shareholder is a person or organisation that has contributed funds to a corporation in exchange for a "share" of ownership. Shares of ordinary or preferred stock issued by the corporation and held (i.e., owned) by the shareholder serve as a representation of that ownership. A person or legal organisation registered by a corporation as the legitimate owner of shares of the share capital of a public or private corporation is referred to as a shareholder. Members of a corporation are sometimes used to refer to shareholders.
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employee group plans usually provide greater benefits at lower premiums because of the large pool of people from whom premiums are collected. however, these employee group health insurance plans offer limited benefits, and healthcare
Group Insurance health plans employee group plans usually provide greater benefits at lower premiums because of the large pool of people from whom premiums are collected.
What is group insurance for employees?
An insurance policy that covers a predetermined group of people under a single policy is known as a group or employee health insurance policy.
Group/employee health insurance is offered to employees by a number of corporations and professional associations.
What are the advantages of a group insurance plan?
A group insurance coverage aids in ensuring the workers' financial stability. Thus, as an employer, you have a variety of group term life insurance choices from which to pick to safeguard your staff members' families from the unforeseen events of life.
Group health insurance is a type of health insurance program provided by an employer of a member organization and is sometimes referred to as employer-based coverage.
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if the plaintiff seeks a(n) __ remedy such as an injunction, the ___ serves as the fact finder in the case. (choose two correct answers)
The court decides the facts of the case if the plaintiff requests an equitable remedy, such as an injunction.
When may a restraining order be issued?Only a judge's decision following the hearing and based on the merits of the case has the power to impose a perpetual injunction, which prevents the defendant from ever asserting a claim or acting in a way that would violate the plaintiff's rights.
How is an injunction determined?The Court would only approve an injunction on such an application if there are good grounds for not providing the respondent with any notice, such as when the situation is too urgent or there is a significant risk that notifying the other side will result in assets being lost before the hearing.
What is a good illustration of an equitable remedy?Loss of money is a common illustration of an equitable remedy. Even if the other party is unable to pay, the party that has been wronged may get money as compensation for their losses. In contract law, there are two sorts of remedies: legal and equitable.
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which of these would decrease basis? nonbusiness energy credit. cash paid in an exchange. assessments for local improvements, such as sewers and sidewalks, and the cost of extending utility service lines to the property. expenses incurred during the sale of the asset
Answer:
Things that decrease basis include certain tax credits, insurance reimbursements from losses associated with casualty or theft and deductions for depletion and depreciation. Granting an easement to another party for the use of your property can also decrease basis
when is the restricted appraisal report option inappropriate for use in reporting the results of a real property appraisal
A Restricted Appraisal Report is inappropriate if the client is not the only intended user or if the intended use necessitates a degree of detail that is not offered within the confines of a Restricted Use Appraisal Report.
An account of restricted use—what is it?"A restricted use audit report is one that is specifically restricted for use by only the targeted users indicated in the report (as. discussed in the International Framework for Assurance Engagements issued by. the International Auditing and Assurance Standards Board).
What does the phrase restricted to use mean?Complementary Definitions
When a facility is used in a restricted manner, it no longer falls under the same conditions as when it was first constructed the control of the licensee, registrant, of holder of the record of possession.
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4. In economics, small incremental changes or adjustments are identified as
O cost
O profit
revenue
Omarginal
When a production unit is increased, the balance sheet of the company is affected, which is what incremental cost, also known as marginal cost, measures.
What is marginal cost?The incremental cost of producing more goods or services, also known as the marginal cost in economics, is the change in the overall cost that results from increasing the amount produced. The marginal cost is the rise in production expenses brought on by the creation of more product units. As the marginal cost of production, it has another name. By calculating the marginal cost, businesses may determine how volume produced affects cost and, eventually, profits.The expense incurred when producing an additional good is known as the marginal cost. Let's use the figure of $100 for the cost of producing 100 automobile type. Costing $80 to produce one more type. The price incurred to produce one extra unit of a good or service is the marginal cost, which is defined as this.To learn more about marginal cost refer to:
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which of the following is a macroeconomic topic? i. china increases interest rates to slow its economic growth. ii. congress lowers tax rates to try and lower the unemployment rate. iii. nissan decides to produce more electric leaf models and fewer altima sedans. group of answer choices i, ii and iii iii only i and ii i and iii ii and iii
China has raised interest rates to slow its economic growth and Congress has cut tax rates to try to lower the unemployment rate, a macroeconomic topic. Here option C is the correct answer.
The area of economics known as macroeconomics focuses on an economy's overall performance, structure, and behavior rather than just a few specific marketplaces. Inflation, unemployment, economic expansion, and governmental policies that have an impact on the economy as a whole are examples of macroeconomic subjects.
i. China increasing interest rates to slow its economic growth is a macroeconomic topic as it deals with the economic performance of China as a whole.
ii. Congress lowering tax rates to try and lower the unemployment rate is a macroeconomic topic as it deals with the economic performance of the country as a whole and the government policies that affect it.
Complete question:
Which of the following is a macroeconomic topic? i. china increases interest rates to slow its economic growth. ii. congress lowers tax rates to try and lower the unemployment rate. iii. Nissan decides to produce more electric leaf models and fewer Altima sedans. group of answer choices
A - I, ii, and iii
B - iii only
C - I and ii
D - i and iii
E - ii and iii
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Indirect labor includes: (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 2 labor of employees working directly on the product. 2 labor of the maintenance employees. ? labor of the clerical staff.
Maintenance workers' and administrative staff's work is considered indirect labor (factory).
What labor costs are included in indirect labor?The term "indirect labor cost" describes wages paid to workers who perform duties that do not directly contribute to the manufacture of goods or the provision of services, such as support staff who help make it easier for other people to produce items.
Indirect labor is the total cost of all workers who assist in the production of a good in some other way.
In addition to office workers, managers, supervisors, and quality controllers, these costs also cover the labor of employees who maintain the plant's machinery. What differentiates one production from another is the level of involvement—direct, indirect, or external. Neither direct nor external production is subject to indirect labor.
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For each of the five transactions described below, use the dropdown boxes to indicate which account should be debited and which account should be credited. Transaction Debit Credit 1. Direct materials are issued into production for a specific job 2. Salary of the Production Supervisor is payable 3. Lubricating oil, waste cotton, and solder are used in the factory. 4. The wages of direct laborers who worked on a particular job are payable. 5. Manufacturing overhead is applied to jobs using a predetermined overhead rate.
The correct answer is Debit: Work in the process; Credit: Raw materials, and Debit: Manufacturing overhead; Credit: Salaries and wages payable.
Cost of Goods vended refers to the total manufacturing cost incurred by a company for products that were vended during an accounting period. These costs are recorded by debiting the Cost of Goods vended account with a corresponding credit to the Finished Goods Inventory—debit-Work in process inventory; Credit-Manufacturing overhead.
The cost of goods sold(COGS) is the sum of all direct costs associated with making a product. It appears on an income statement and generally includes plutocrats spent on raw accouterments and labor. It doesn't include costs associated with marketing, deals or distribution.
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