Answer:
Depending where you look for information, informal economy can cover a lot of different jobs and industries. The informal economy doesn't pay taxes and it is excluded in the gross domestic product. Some organizations include other industries under the informal economy, specially those that are not regulated or adequately controlled by the government. This includes many people who are self-employed or even employees that perform unprotected jobs. E.g. companies that hire poor or illegal immigrant workers and pay them on a daily basis.
According to the International Labor Organization, more than 61% of the world's population works under informal economies.
Some advantages of informal economies are:
higher income resulting from not paying taxes (even on a personal level, if you are able to work and earn a living but do not pay taxes, your personal net income will be higher than if you actually paid taxes). a lot of people are part of it, that means large scale employment.Informal economies tend to have serious disadvantages because the most powerful tend to abuse form the least powerful:
child labor or even forced labor unprotected jobs, e.g. no social security, no health care benefits, no safety at work, etc.Approximately 11-12% of the US economy is considered informal, and that represents almost $2.5 trillion per year. Some normal activities are included in the informal economy although we never think about them as being out of the system, e.g. babysitting, landscaping and cleaning services, etc. Other informal activities are more obvious, e.g. prostitution, drug dealing, theft, etc.
In a free market the________ tells producers how much to produce.
Answer:consumers
Explanation:
In a free-market system, consumers and producers have sovereignties that drive the market and decisions made to ensure that supply and demand
What are some of the issues that arise in evaluating and maintaining control over foreign operations? Multiple Choice
A. Deciding whether to evaluate performance on the basis of foreign currency or parent company reporting currency Management of new company is difficult
B. Deciding whether to factor out of the performance measure items over which the foreign operation’s manager has no control
C. Deciding whether to evaluate performance on the basis of foreign currency or parent company reporting currency and
D. whether to factor out of the performance measure items over which the foreign operation’s manager has no control
Answer:
B. Deciding whether to factor out of the performance measure items over which the foreign operation’s manager has no control
C. Deciding whether to evaluate performance on the basis of foreign currency or parent company reporting currency and
Explanation:
Foreign operations refer to an entity that could be in terms of an associate, subsidiary, jointly controlled in which the activities are based in a country irrespective of the entity i.e. reported
Therefore in the given case, the issued can be with the performance measures that have no control and it should depend upon the parent company in which the currency is reported
Hence, the correct option is B and C
hurry!! #5
Which of the following is an important part of record handling?
randomizing
correlating
privatizing
archiving
Select the correct answer.
Which function relates to maintaining inventory?
A.
accounting
B.
production
C.
finance
D.
human resource
Reset
Next
Answer:
human resources is the inventory
Dota inc stock has a 25% chance of producing a 30% return, a 50% chance of producing a 12% return and a 25% chance producing a 18%. What is the firm expected rate return?
The question is incomplete. Here is the complete question.
Dota inc stock has a 25% chance of producing a 30% return, a 50% chance of producing a 12% return and a 25% chance producing a -18%. What is the firm expected rate return?
Answer:
9%
Explanation:
Dora incorporation stock has a 25% chance of producing a 30% return
50% chance of producing a 12% return
25% chance of producing a -18% return
Therefore the firm's expected rate of return can be calculated as follows
= 25/100(30) + 50/100(12) + 25/100(-18)
= 0.25(30) + 0.50(12) + 0.25(-18)
= 7.5% + 6% - 4.5%
= 9%
Hence the firm's expected rate of return is 9%
Do you think that employers have a right to judge an applicant attitude when hiring? Give a reason for your answer
Which of these represents the proper transformation from data to decision according to the information value chain?
a. Data -->Information -->Knowledge -->Decision
b. Data -->Knowledge -->Information -->Decision
c. Data -->Business Event -->Information -->Decision
d. Data -->Analysis -->Information -->Decision
Answer:
a. Data -->Information -->Knowledge -->Decision
Explanation:
An information value chain can be defined as the process of converting a raw data into a useful information, by recognizing the value activities to be undertaken.
The proper transformation from data to decision according to the information value chain is Data -->Information -->Knowledge -->Decision.
This ultimately implies that, the raw data is first of all gathered or created, it is then processed to generate information(s), the generated information can then be applied to a plan or problem as a knowledge and lastly, the decision to use the knowledge or not.
Brendas Bakery, which is covered by a businessowners policy, sustains a fire loss of $50,000 to the building and $25,000 in content damages is incurred. In addition, a customer and an employee are insured in the fire. Medical payments for their injuries amount to $2,000 for the injured customer and $3,000 for the injured worker. Brenda's business income is $5,000 per month, but she is unable to conduct any business for 60 days as a result of the fire. Assuming Brenda has adequate limits to cover this loss, how much will her policy pay
Answer:
$87,000
Explanation:
Brenda's businessowners policy will cover:
the damages to the building for $50,000the damages to the content of the building for $25,000lost business income for $5,000 x 2 months = $10,000the injuries suffered by the customer for $2,000total = $87,000The injuries suffered by the employee must be covered by a separate workers' compensation policy.
Which of the following agencies was not embroiled in a tedious and often unfriendly struggle to be the first to prosecute key parties in the Livent fraud?
1. Federal Trade Commission
2. SEC
3. Ontario Securities Commission
4. Royal Canadian Mounted Police
5. U.S. Department of Justice
Answer:
1. Federal Trade Commission
Explanation:
The Livent Inc co-founders found the guilts based on the counts out of which one is of forgery that is occured on a day to day business dealings link with the defunct company.
Here the following agencies were included i.e. Security exchange commission(SEC), OSC, U.S justice department, and RCMP
But does not involved the federal trade commission
Therefore the same is to be considered
hence, the correct option is 1.
Mary Parker Follett felt that managers should act as ______ rather than dictators.
Facilitators
Best of luck in your studies! ☺️
Select all of the true statements regarding Gary Hamel's thoughts on management:
1. management innovation is essential to future organizational success
2. we must look at management as a process, and then make improvements and innovation ongoing and systematic
3. much of management theory is dated and doesn't fit the current realities of organizational life
Answer: • management innovation is essential to future organizational success
• we must look at management as a process, and then make improvements and innovation ongoing and systematic
• much of management theory is dated and doesn't fit the current realities of organizational life
Explanation:
The true statements regarding Gary Hamel's thoughts on management are:
1. management innovation is essential to future organizational success
2. we must look at management as a process, and then make improvements and innovation ongoing and systematic
3. much of management theory is dated and doesn't fit the current realities of organizational life
According to Gary Hamel, yesterday's best practices of organizations can not be creative or adaptable for the business challenges tomorrow.
What are common traits of American business owners, according to the U.S census bureau?
Answer:
The answer is below
Explanation:
Common traits of American business owners, according to the U.S census bureau are the following:
1. Approximately sixty- four percent of business owners had obtained some college education prior to starting the business
2. Over 60 percent of business owners expended their personal capital or family capital at the initial stage
3. Over fifty percent of the business owners worked overtime, despite having employees
4. Nearly fifty percent of the businesses were home-based.
Is it nearly impossible to prove ownership of intellectual property
Answer:
It is possible if you either have a witness or if you take a lie detector test
Explanation:
Answer:
true
Explanation:
Prepare the journal entry to record Mills’ investment in the bonds on July 1, 2018. Prepare the journal entries by Mills to record interest on December 31, 2018, at the effective (market) rate. At what amount will Mills report its investment in the December 31, 2018, balance sheet? Why? Suppose Moody’s bond rating agency upgraded the risk rating of the bonds, and Mills decided to sell the investment on January 2, 2019, for $290 million. Prepare the journal entry to record
Answer:
the question is incomplete, so I looked for a similar one and found the following:
"Mills Corporation acquired as a long-term investment $240 million of 5% bonds, dated July 1, on July 1, 2018. Company management has the positive intent and ability to hold the bonds until maturity. The market interest rate (yield) was 3% for bonds of similar risk and maturity. Mills paid $280.0 million for the bonds. The company will receive interest semiannually on June 30 and December 31."
At what amount will Mills report its investment in the December 31, 2018, balance sheet?
July 1, 2018, bonds are purchased at a premium
Dr Investment in bonds 240,000,000
Dr Premium on investment in bonds 40,000,000
Cr Cash 280,000,000
December 31, 2018, first coupon payment
Dr Cash 12,000,000
Cr Interest revenue 8,400,000
Cr Premium on investment in bonds 3,600,000
The carrying value of the investment in bonds account = $280,000,000 - $3,600,000 = $276,4000,000 or $276.4 million
Suppose Moody’s bond rating agency upgraded the risk rating of the bonds, and Mills decided to sell the investment on January 2, 2019, for $290 million.
January 2, 2019
Dr Cash 290,000,000
Cr Investment in bonds 240,000,000
Cr Premium on investment in bonds 36,400,000
Cr Gain on sale of investments 13,600,000
Explanation:
amortization of bond premium using the effective interest method on first coupon received = ($240,000,000 x 5%) - ($280,000,000 x 3%) = $12,000,000 - $8,400,000 = $3,600,000
Premium on investment in bonds = $40,000,000 - $3,600,000 = $36,400,000
Total Debits do not always have to equal total credits. There are a handful of exceptions.
A. True
B. False
Answer:
False
Explanation:
Total debt in finance is the summation of the organization long term and short term debts. the total debt can be calculated theoretically as summation of current liabilities and total for long-term liabilities
Total credit is the summation of loans that organization can borrow.
Therefore, Total Debits do not always have to equal total credits. There are a handful of exceptions.
Property rights protect businesses by:
A. setting a minimum price on all goods in an industry.
B. ensuring that the government cannot regulate their actions.
C. providing them with emergency loans from the government.
D. preventing competitors from copying their products.
Preventing competitors from copying their products is the use of Property rights to protect businesses. In business, there is high number of chance to copy the designs and pattern of the goods and services.
Why is it important to protect property rights?The primary goal of property rights, as well as their primary achievement, is to minimize destructive rivalry for control of economic resources. Property rights that are well-defined and well-protected replace violent rivalry with harmonious competition.
Thus, option D is correct.
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A large customer owing million for products it already received declared bankruptcy, leaving no possibility that Global would ever receive payment. (Select the best choice below.) A. Accounts receivable would decrease by million, and the book value of equity would increase by the same amount. B. Accounts receivable would increase by million, as would the book value of equity. C. Accounts receivable would increase by million, and the book value of equity would decrease by the same amount. D. Accounts receivable would decrease by million, as would the book value of equity.
Answer:
D. Accounts receivable would decrease by million, as would the book value of equity.
Explanation:
Accounts receivable is a record of payments that a business has not received from its customers for goods and services given.
When payment is eventually made the revenue account is credited and accounts receivable reduces.
If however there is no possibility of receiving payment, the amount is moved from accounts receivable to allowance for doubtful accounts.
This is recognised as a loss.
So accounts receivable would decrease by million, as would the book value of equity.
What is the definition of creative command
Answer:
Explanation:
a set of various licenses that allow people to share their copyrighted work to be copied, edited, built upon
Suppose that consumers purchase fish and computer chips. In 2010, one pound of fish costs $1, a computer chip costs $1, and the typical consumer buys 10 pounds of fish and 10 computer chips. In 2011, one pound of fish costs $2, a computer chip costs $0.50, and the typical consumer buys 5 pounds of fish and 20 computer chips. In 2012, one pound of fish costs $2.10, a computer chip costs $0.90, and the typical consumer buys 12 pounds of fish and 20 computer chips. Using 2011 as the base year, the inflation rate between 2012 and 2011 is _____ percent.
Answer:
42.5%
Explanation:
The computation of the inflation rate between 2012 and 2011 is shown below:
But before that we need to do the following calculations
Cost of basket for the year 2011 is
= 5 × 2 + 20 × 0.5
= 10 + 10
= 20
And the base year price index i.e. CPI is 100
Now
Cost of same basket in year 2012 is
= 5 × 2.10 + 20 × 0.90
= 10.5 + 18
= 28.5
Now
CPI in 2012 is
= ($28.5 ÷ $20) × 100
= 142.5
So,
Inflation rate is
= (142.5 ÷ 100) - 1
= 1.425 - 1
= 0.425
= 42.5%
How can specialization benefit both producers and consumers in a free market economy?
Someone taking a course in Web design is affecting what factor of production?
A. physical capital
B. entrepreneurship
C. human capital
D. land
Answer:
Someone taking a course in Web design is affecting human capital.
Some taking course work in web designing are affected by the factors of production such as human capital.
Human capital is a concept that is used by economics to give personal tributes that are useful in the production process. They include skills and knowledge and other abilities.Hence the option C is correct.
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What is the role of the franchiser when a franchise is purchased?
Answer:
The franchisor owns the brand and the operating system that they license to their franchisees. ... The franchisor grants the franchisee the right to operate the business under the franchise system's trademarks and service marks and enforces the brand standards of the system.
Answer:
The franchisor grants the franchisee the right to operate the business under the franchise system's trademarks and service marks and enforces the brand standards of the system.
A(n)_____a0 is a misunderstanding; a mistaken thought or idea.
Answer: misconception
Explanation:
A misconception is simply a misunderstanding, a mistaken thought or idea. Misconception is an opinion or a view by s person which is incorrect based on the faulty thinking of the person.
For example, Jane will finish high school the following year and therefore, won't need to further her education. This is an example of misconception.
outlines five roles of the safety and health representatives by securing the work environment
Answer:
employee training; protection for workers from potential hazards; and communication about hazardous accidents, should they occur.
Explanation:
Now that you have selected the cultural environment, you must predict what the effects of these changes on gerlach's microenvironment might be. select the outcome you see as most likely. select an option from the choices below and click submit.
Answer: The suppliers might raise the costs of paper in the future.
Explanation:
When production is being seeing as being expensive is die to the fact that items which composites of them are expensively gotten from the suppliers. When there is an increase by the supplies on the individual items used, it rubs off on the production aspect and makes theirs also expensive to produce. Also, suppliers raise their cost too when they buy the materials at an expensive or high cost. Whatever they are being sold to affects the cost that they supply to the end user. Production cost affects supply cost.
Do you agree or disagree that world history revolves around money? Why or why not?
Answer:
I agree
Explanation:
Battles and soldiers during the world wars both 1 and 2 were surrounded by money to me because for instance when Hitler was around he was only there for the money and if it wasnt bc of that it was bc of the aryan race
but thats besides the fact that i believe that history is a mixed up feelng of what happened in that time era
hope this helps
To make a skirt out of fabric, Connie needs 1 3/4 yards of fabric. If Connie bought 10 1/2 yards of fabric at a sale, how many skirts could she make? Show your work. To make a skirt out of fabric, Connie needs 1 3/4 yards of fabric. If Connie bought 10 1/2 yards of fabric at a sale, how many skirts could she make? Show your work.
Answer:
6 skirts
Explanation:
Given
[tex]1\ Skirt = 1\frac{3}{4}\ fabric[/tex]
Required
Number of skirts for [tex]10\frac{1}{2}\ fabric[/tex]
Represent the required number of skirts by x
To solve for this, we simply divide [tex]10\frac{1}{2}[/tex] by [tex]1\frac{3}{4}[/tex]
[tex]x = 10\frac{1}{2} / 1\frac{3}{4}[/tex]
Convert to mixed numbers
[tex]x = \frac{21}{2} / \frac{7}{4}[/tex]
Rewrite as multiplication
[tex]x = \frac{21}{2} * \frac{4}{7}[/tex]
[tex]x = \frac{21 * 4}{2 * 7}[/tex]
[tex]x = \frac{84}{14}[/tex]
[tex]x = 6[/tex]
Hence, she could make 6 skirts
What category of the Thomas-Kilmann Conflict Mode Instrument involves giving in to the customer at the expense of the organization, even if the situation does not truly call for it?
collaboration
accommodation
compromise
competition
Answer:
collaboration
Explanation:
The Thomas-Kilmann Instrument is designed to measure a person's behavior in conflict situations. “Conflict situations” are those in which the concerns of two people appear to be incompatible
plz mark as brainliest
Answer:
collaboration.
Explanation:
The word collaboration is so overused and overhyped it’s becoming meaningless. Even with the launch of intranet software, video technology, and other collaborative tools, some people still suffer from, and complain about, poor collaboration.This forced us to contemplate the true nature of collaboration and explore its many dimensions. The journey resulted in a simple, useful definition for collaboration, and arriving on an important conclusion: Collaboration is a deeply human activity, and no tool on its own can solve the problem of poor collaboration.This conclusion may seem obvious , but many people believe that “if you build it, they will come”. It took a lot of failure and organizational development theory to discover how organizational culture and managerial practices can either nurture or hinder good collaboration
On january 2, 20x3, kean company purchased a 30 percent interest in pod company for $250,000. Pod reported net income of $100,000 for 20x3 and declared and paid a dividend of $10,000. Kean accounts for this investment using the equity method. In its december 31, 20x3, balance sheet, what amount should kean report as its investment in pod?
Answer:$277,000 should be reported by Kean.
Explanation:
Amount of investment Kean should report = Original cost of investment + share of net income of investors -share of investors dividend.
But ,
share of net income of investors = 30% of net income reported by Pod
= 30 % x $100,000= $30,000
share of investors dividend= 30% of dividend declared by Pod company
= 30 % x 10,000 = $3000
Therefore,
Amount of investment Kean should report = $250,000 + $30,000 - $3,000
=$277,000
Which of the following statements best describes the difference between sales tax and property tax?
Sales tax is applied to items as they are purchased while property tax is applied to items already
owned.
b. Sales tax is applied repeatedly while property tax is paid only once for as long as you own the
item.
C. Sales tax can be applied to a new speed boat while property tax cannot.
d. Sales tax is strictly meant for food and consumables while property tax is meant for non-food
items.
Answer:
a. Sales tax is applied to item as they are purchased while property tax is applied to items already owned
Explanation:
Sales tax is applied to items as they are purchased while property tax is applied to items already owned statement best describes the difference between sales tax and property tax. The correct option is A.
What type of tax are sales?Both sales tax and VAT are indirect taxes, which are collected by the seller and paid or remitted to the government on the buyer's behalf.
Sales tax is a one-time fee collected at the point of sale. Personal property tax is an annual tax levied on the current value of the property. State governments levy sales taxes on retail purchases of non-exempt goods or services. A value-added tax (VAT) is a type of consumption tax that is levied on goods at each stage of the manufacturing process until they are sold to consumers.
Thus, the ideal selection is option A.
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