Insurance is an expenditures for retirees is likely to increase. The deductible, policy limit, and premium are the three main parts of most insurance contracts.
A contract (policy) referred to as insurance is one in which an insurer indemnifies a third party against losses resulting from particular calamities or hazards.There are numerous varieties of insurance plans. The most popular types of insurance are life, health, auto, and homeowners.Businesses need particular insurance coverage that protects them from risks that pertain only to their particular industry. For instance, a fast-food restaurant needs a policy that protects against harm or damage that results from using a deep fryer to prepare food. While an auto dealer is not at risk for this kind of mishap, they must have insurance to cover any harm that might be caused during test drives.Learn more about Insurance, here
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What are the effects of free trade?
The effect of free trade in the marketplace should be fairly transparent in terms of international boundaries.
The free trade is a policy by which a government does not discriminate against imports and any other interfere with exports.
The effect of free trade is a pact between two or more countries to reduce barriers to imports and exports among them. Under a free trade policy, goods and services can be bought and sold across international borders with little or no government tariffs.
Free trade agreements is an agreement between two or more countries in which the countries agree on certain obligation that effect the trade in goods and services and protections for investors.
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maximizing _____ is accomplished through effective financial planning and analysis, asset management, and the acquisition of financial capital.
Maximizing the wealth is accomplished through effective financial planning and analysis, asset management, and the acquisition of financial capital.
What does Financial Capital means?
Financial capital refers to the funds that a company or individual uses to buy goods, services, and investments. It is usually expressed in terms of money or other liquid assets. Financial capital is one of the most important components of any business because it provides the resources required to purchase goods and services, make investments, and pay for expenses.
What does Liquid Assets mean?
Cash, bank deposits, treasury bills, certificates of deposit, and marketable securities are examples of liquid assets that can be easily converted into cash. Liquid assets are valuable because they can be quickly accessed to meet short-term obligations and provide a buffer against unexpected expenses.
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Which of the following key performance indicators can be used to measure whether each store is
meeting its sales goals?
A. Number of sales per store location
B. Overall company growth
C. Profit made per sale
D. Number of sales per employee
when a taxpayer owns a home that he does not live in, the home is considered to be a(n) property for tax purposes. if he rents the property at fair market value, any loss is (deductible/nondeductible) for tax purposes. (enter only one word per blank.)
private residence
If a taxpayer owns a home but rents it for less than 14 days a year, the IRS considers it a private residence.
Who can claim the co-owner mortgage interest deduction?
1098 has several names, but he's the only one who pays mortgages and interest.
Only the person who actually paid the interest can make the deduction.
How long must you live in the property before it becomes your primary residence?
A recent ruling by the Tier 1 Tax Court confirmed that there is no minimum period of residence required to secure the principal residence deduction. What is important is that there was a period of residence as the sole or principal place of residence.
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Determine which of the following are true: I. Assuming FC and CM remain the same, if TP increases then QR decreases. II. Assuming TP, FC and
V
remain the same, if
P
increases then
QR
increases. III. Assuming TP, FC and
P
remain the same, if
V
increases then
QR
decreases. NOTE: The variables correspond to those used in the lab. You can assume
P
is greater than V.
FC= fixed costs V= variable cost per unit P= selling price per unit TP= target profit CM= unit contribution margin QR= quantity required
a) Only III is true b) All are true c) Only I and II are true d) Only II and III are true e) None are true f) Only I and III are true g) Only I is true h) Only II is true
Only I and II are true from the following given assumptions.
What is a Target Profit (TP)?
A Target Profit (TP) is a specific amount of profit that a company or individual has set out to achieve within a certain period of time. It can refer to either a short-term goal or a long-term goal, but usually it is a target to be achieved in a certain time frame. It is often used as a measure of success in a business or individual’s financial performance.
What exactly is Fixed Costs?
Fixed costs are costs that remain constant regardless of changes in production or sales levels. They are usually fixed expenses that must be paid by a business, such as rent, insurance, and loan payments. These costs are also known as overhead expenses and they do not vary with production or sales levels.
Therefore. Option C is True.
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given a 10 percent decrease in wages, firm a hires more labor than firm b. it follows that, ceteris paribus, a)the elasticity of demand for the product that firm A produces is likely lower than the elasticity of demand for the product that firm B produces. b)firm A likely has a lower labor cost-total cost ratio than firm B. c)firm A likely has more substitutes for labor than firm B.. d)firm A likely has higher per-unit costs than firm B. e)none of the above
The correct answer to the given question is option B: firm A likely has a higher labor cost-total cost ratio than firm B.
given a 10 percent decrease in wages, firm a hires more labor than firm b. it follows that, ceteris paribus, firm A likely has a higher labor cost-total cost ratio than firm B.
Total Cost Ratio (TCR) is a measure of a company's total effectiveness. Total costs are divided by total sales to calculate the ratio.
ceteris paribus: This expression means "all other things being the same or constant." By focusing on the exact causal relationship between two variables, it is used in economics to rule out the potential of "other" factors changing.
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Which one of the following has little bearing on whether profitable opportunity exists to install additional new or refurbished production equipment in the upcoming decision round? a. How many companies in the industry have expanded their production capacity since Year 10 b. Whether data on p. 4 of the most recent FIR indicates that the number of private-label pairs offered to chain retailers was above or below the pairs actually sold (and by how much) in each of the four geographic regions c. Whether the most recent year's FIR shows that ample production capacity already exists to supply the combined demand for branded footwear and private-label footwear three years from now d. How potential global supply of footwear in the upcoming year compares with forecasted global demand (as shown on p. 4 of each year's Footwear Industry Report) e. Whether the branded pairs available for sale in the most recent year (as reported on p. 4 of the FIR) exceeded global branded demand and, if so, by how much
How many companies in the industry have expanded their production capacity since Year 10 one of the following has little bearing on whether profitable opportunity exists to install additional new or refurbished production equipment in the upcoming decision round.
A production potential frontier (PPF), which provides a solution to the question of what the greatest production capacity of a certain economy is and entails using as many of the economy's resources to produce the output as is feasible, shares many similarities with productive capacity. Two different types of goods have their quantities set in a typical PPF graph. PPF develops a downward-sloping line by expressing all the combinations of these things that can be produced as much as possible by a particular economy due to its limited resources. Anywhere a body crosses the line below indicates that it is producing below its maximum capacity. When the body combines the two graphed goods to a point that is on the PPF line, the body is said to have reached that point.
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You are analyzing the cost of capital for a firm that is financed with 65 percent equity and 35 percent debt. The cost of debt capital is 8 percent, while the cost of equity capital is 20 percent for the firm. What is the overall cost of capital for the firm? Select one: O a. 12.2% b. 15.8 % c. None of these O d. 20.2%
15.8 % will be the overall cost of capital for the firm at 8% debt capital and 20% equity capital.
Weight of equity = 65%
Cost of Capital of equity = 20%
overall cost of equity = Weight of equity x Cost of Capital of equity
= 65% x 20%
= 13%
Weight of debt= 35%
Cost of Capital of debt = 8%
overall cost of debt = Weight of debt x Cost of Capital of debt
= 35% x 8%
= 2.80%
overall cost of capital for the firm = overall cost of equity + overall cost of
debt
= 13% + 2.80%
= 15.8%
the overall cost of capital for the firm is 15.8%
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U.S. drivers are ranked as the least sensitive to changes in the price of gasoline. For example, if the price rose from $3 to $4 per gallon and stayed there for a year U.S. purchases of gasoline would fall only about 5 percent.
Source: Slate, September 27, 2005
Calculate the price elasticity of demand for gasoline.
Does this measurement indicate that the demand for gasoline is elastic, unit elastic, or inelastic?
The price elasticity of demand for gasoline is .
Gasoline will cost $1 more per gallon if the price rises from $3 to $4, bringing the average price to $3.50. As a result, the cost of fuel increased by 28.6 percent.
Gasoline or petrol: Which is it?
Fuel for internal combustion engines made up of a combination of combustible, volatile liquid hydrocarbons extracted from petroleum and sometimes known as gasoline, gas, or petrol. It also functions as a solvent for fats and oils.
What materials makes up gasoline?
Gasoline is a mixture of many different molecules combining hydrogen and carbon (hydrocarbons). A typical gasoline mixture contains about 150 different hydrocarbons, such as butane, pentane, isopentane, and the BTEX compounds (benzene, ethylbenzene, toluene, and xylenes).
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the functional areas present in a functional structure frequently correspond to which of the following?
The functional areas present in a functional structure frequently correspond to the stages in value chain.
Based on their areas of competence, this organization divides the workforce into functional sectors. These functional structure, such operations, research and development, and marketing and sales, frequently correspond to steps in the value chain. Compared to a simple structure, a functional structure enables more specialization and deeper topic knowledge. Greater division of labor is also made possible by greater specialization, and this is associated with higher production.
Despite the fact that work in a functional organization tends to be specialized, the CEO, as shown in the previous figure, centrally coordinates it. A functional structure must be somewhat tall in order to facilitate an effective top-down and bottom-up communication chain between the CEO and the functional departments. A functional organization has the drawback of focusing on specialization, which can lead to high levels of worker unhappiness and less process improvements for the company.
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Gobblecakes is a bakery that specializes in cupcakes. The annual fixed cost to make cupcakes is $10,000. The variable cost including ingredients and labor to make a cupcake is $0.80. The bakery sells cupcakes for $2.40 apiece.
(a) If the bakery sells 10,000 cupcakes annually, determine the total cost, total revenue, and profit.
(b) How many cupcakes per year will the bakery need to sell in order to break even?
(c) How many cupcakes will the bakery need to annually sell in order to make a profit of $4,000?
(d) If the maximum capacity of making cupcakes per day is 50, how many days will the bakery take to make a profit of $4,000?
The total cost, total revenue, and profit is $18000, $24000 and $6000 respectively. In order to break even 6250 units should be sold. To make a profit of $4,000, 8750 Units should be sold made in 175 Days.
Give a brief account on break even point.The break-even point (BEP) can be regarded as the point at which cost or expenses and income are equal; there is no net loss or gain, and one has "broken even." The capital has received the risk-adjusted predicted return and the opportunity costs have been "paid," but no gain or loss has been achieved. It is, therefore, the moment when a company's total revenue exceeds its whole costs and it starts to produce wealth rather than merely consuming it. It is represented visually as the intersection of the total revenue and total expense curves. The linear case's break-even point is determined by dividing the fixed costs by the contribution margin per unit.
To solve the question :
(a) if the volume is 10000
Total cost = Fixed + Variable
= 10000 + 0.8*10000
= $18000
Total Revenue = Selling Price × Volume
= 2.4 × 10000
= $24000
Profit = Revenue - Expense
= 24000-18000
= $6000
b) let the break even point be X,
Then
Total Expense = Total Revenue
10000 + 0.8 × X = 2.4 × X
1.6 × X = 10000
X = 6250 units
c) let the volume be Y, then
Profit = Revenue - Expense
4000 = 2.4 × Y - (10000 + 0.8 × Y)
1.6 × Y = 14000
Y = 8750 Units
d) If there are 50 cupcakes produced each day,,
The days needed to make 8750 Cupcakes would then be = (8750 / 50)
= 175 Days
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Bracken, Louden, and Menser, who share profits and losses in a ratio of 4:3:3, respectively are partners in a home decorating business that has not been able to generate the income the partners had hoped for. They have decided to liquidate the business and have solod all assets except for their decorating equipment. All partnership liabilities have been settled and all the partners are personally insolvent. The decorating equipment has a book value of $40,000, and the partners have capital account balances as follows Bracken, capital Louden, capital Menser, capital $25,000 5,000 10,000 Required Determine the amount of cash each partner will receive as a liquidating distribution if the decorating equipment is sold for the amount stated in each of the following independent cases: (Do not round intermediate calculations.) a. $30,000 Capital Balances Bracken Louden Menser Final distribution of cash b. $21,000 Capital Balances Bracken Louden Menser Final distribution of cash C. $7,000 Capital Balances Bracken Louden Menser Final distribution of cash
Previous question
The term "Capital Balance" refers to the main balance of a mortgage loan at any given time, to which the seller has applied the applicable interest rate.
State the calculation of capital expenditure.The money an organization or corporate entity spends to purchase, keep up with, or upgrade its fixed assets, such as buildings, cars, equipment, or land, is known as a capital expenditure (capex) or capital expense (CAPEX). When an asset is newly purchased or when funds are used to extend the useful life of an existing asset, such as by fixing the roof, the expenditure is regarded as a capital one. Opex, which are continuing costs required to operate the asset, contrasts with capital expenditures (capex), which are one-time costs.
To solve the question :
Capital expenditure
Particulars Bracken Louden Menser
Capital balance before
sale of equipment (25,000) (5,000) (10,000)
Equipment sold for
$30,000
Allocation of $10,000 4000 3000 3000
Capital balance after
sale of equipment (21000) (2000) (7000)
Final distribution 21000 2000 7000
Equipment sold for
$21,000
Allocation of $19,000 7600 5700 5700
Cash balance after sale (7400) 700 (4300)
Allocated capital deficit
of Louden - (700) -
4/7 × 700 - - (300)
Capital balance after
allocation of Louden deficit (7000) - (4000)
Final distribution (17000) - (4000)
Capital balance before
sale of equipment (25,000) (5000) (10,000)
Equipment sold for
$7000
Allocation of $33,000 13,200 9900 9900
Capital balance after
sales (11800) (4900) (100)
Allocated capital deficit
of Louden - (4900) -
4/7 × 4900 2800 - -
3/7 × 4900 - - 2100
Capital balance after
allocation of Louden deficit (9000) - 2000
Allocated capital deficit of
Menser 2000 - -
Capital balance after
allocation of Menser deficit (7000) - -
Final distribution 7000 - -
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to make a good referral, the professional must know all of the following except group of answer choices if the agency is able to provide the service if the agency has political difficulties if the agency is accessible to the client if the agency is willing to accept the referral
Finding, vetting, hiring, and then onboarding qualified job candidates is the process of recruiting.
The act of actively seeking, locating, and employing individuals for a specific position or employment is known as hiring. The term "recruitment" refers to the complete recruitment process, which includes hiring new personnel and integrating them into the business. Effective hiring involves more than just selecting the ideal candidate for the position. A quick and effective hiring process lowers expenses, improves the company's standing with customers and job candidates, and makes sure the best talent is found, attracted, and employed by the business. The President has full authority to nominate a variety of officials under the Appointments Clause. The advice and consent clause also grants the Senate the authority to reject or confirm a nominee. The Constitution's Treaty which grants the President the authority to ratify international treaties.
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Now that you have analyzed both sides of fiscal and monetary policy, it's time to create a debate for a television news show.
Choose the information you compiled in either task 1 or task 2, and compose a script that meets these requirements:
• Write 10 lines of dialogue each for two characters (20 dialogue lines in total). The dialogue must be economics related and relevant.
• One character must take your viewpoint, and the other character must take the opposing viewpoint.
• Script each character's rationale for why the specific action they believe in should be taken.
• Include each character's main opposition to the opposing viewpoint.
• Ensure that each character questions the other about points of perceived bias, with each character responding to the other's question.
This is the right response to the open question. We can create a debate for a television news show even though the question doesn't include the text or references for both fiscal and monetary policy arguments.
What is monetary policy ?The central bank's macroeconomic policy is known as monetary policy. It is a demand-side economic strategy used by a nation's government to accomplish macroeconomic goals including inflation, consumption, growth, and liquidity. It involves managing the money supply and interest rate.The Reserve Bank of India's monetary policy in India aims to manage the amount of money in order to fulfil the needs of various economic sectors and quicken the rate of economic growth.For example, a country's economy needs liquidity to grow. The monetary policy is what the RBI relies on to preserve liquidity. The RBI lowers the interest rate and injects money into the economy by buying bonds through open market operations.Dialogues :
Legislator: I insist, what the country needs at this moment is to get some debt to resolve its issues.
Secretary: No, of course not, that is the last thing the country needs. Legislator: It is a shame that Mr. Secretary has such a short view.
Secretary: You are so wrong, congressman. It is called responsibility with the fiscal policies of the federal government.
Legislator: It is unthinkable that the Department you lead refrain for the right actions to help our people.
Secretary: We act in responsible ways. The country is so deep in huge debt. We cannot resist the burden of more debt.
Legislator: But we are living difficult times!
Secretary: This means that you and your party change your perspective of simple and non-sense solutions, and focus on real ways to resolve things from their roots; the causes, not the evidence.
Legislator: What are you waiting for? More poor people on the streets.
Secretary: the poor people on the street was the consequence of your political party decisions two years ago when you approved questionable legislation. And there you have the consequences.
Legislator: Do not try to deviate the main economic issues with political answers.
Secretary: I am only putting in context the situation. Our economic problems started two years ago, and now, the present government has to face them and find real solutions. And more debt just means to prolong the problem.
Legislator: Stop blaming the past and live the present.
Secretary: That is exactly what we are doing explaining the people the causes and consequences of the deep level of debt.
Legislator: You don't even have a real plan.
Secretary: We have, it is Congress right now and I am trying to explain to you all, but your accusations are distracting the people.
Legislator: No more demagogy and more actions!
Secretary: I would rather say no more critics and excuses on your part and more support for the legislation set tp Congress by the President.
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The immigration issue has been a complex one for parties and politicians, partially because immigrants are a critical part of the state economy in the following ways.
Correct Answer(s)
Immigrants spend on goods and services.
Immigrants own businesses.
Immigrants make up more than one-fifth of the state workforce.
Immigrants make up large portions of important labor sectors.
Immigrants are an important source of tax revenue.
Incorrect Answer(s)
Immigrants take American jobs.
Immigrants significantly drain state tax dollars.
The ways that immigrants are critical to the state economy are that :
Immigrants spend on goods and services .Immigrants own businesses .Immigrants make up large portions of important labor sectors .Immigrants are an important source of tax revenue .Immigrants make up more than one-fifth of the state workforce .How important are immigrants ?Immigrants are very important to the economy of the United States for many different reasons . They spend on goods and services in the United States which leads to economic growth , and they have businesses which employ Americans .
They also make up such a large portion of the important labor sectors in the economy that they are one - fifth of the workforce in the United States . This means that they are also a huge source of tax revenue for government services .
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The development of promotion mix strategies involves decisions about which combination of elements in the promotion mix is likely to best convey the company's offering to a marketplace.
True or False
The development of promotion mix strategies involves decisions about which combination of elements in the promotion mix is likely to best convey the company's offering to a marketplace. its true.
In marketing, a combination of promotional elements that marketers have selected to help a business achieve its goals is referred to as the "promotional mix." It is known to be a part of the marketing mix. Finding the ideal combination of these components is a challenge for marketers because it is thought that there is an ideal way to allocate funds for the various components of the promotional mix in order to obtain the best marketing results. Although the activities considered to be parts of the promotional mix can vary, the following are frequently mentioned: Advertising is the acknowledged sponsor's paid presentation and promotion of concepts, products, or services through a mass medium. Print advertisements, radio, TV, billboards, direct mail, brochures and catalogs, signage, in-store displays, posters, mobile applications, movies, and websites are a few examples.
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U-Frame-It is a small company that has hired a local ad agency to put together an advertising campaign. Which of the following questions should be answered first?
What are the communication and sales objectives of U-Frame-It?
What are sales objectives?Sales objectives cover a wide range of topics, such as growing the client base, achieving revenue goals, or decreasing attrition rates.
Usually, they consist of shorter-term actions that add up to long-term benchmark targets. The sales goals you establish must make sense for your company or department.
Sales objectives cover a wide range of topics, such as growing the client base, achieving revenue goals, or decreasing attrition rates.
Usually, they consist of shorter-term actions that add up to long-term benchmark targets.
The sales goals you establish must make sense for your company or department.
Compensation, competitiveness, and camaraderie should be the three foundations on which a strong, high-performing sales team is constructed.
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In December 2018, Carl Corporation sold land it held as an investment. The corporation received $50,000 in 2018 and a note payable (with adequate interest) for $150,000 to be paid in 2020. Carl Corporation's cost of the land was $80,000. The corporation has a $90,000 net capital loss carryover that will expire in 2018.
Complete the statement below as to whether Carl Corporation should report the sale in 2018 or use the installment method to report the income as payments are received.
Carl Corporation should (elect to forgo the use of/ use) the installment method since the gain of $ __________ (can/ can not) be used to offset the net capital loss carryover.
In December 2018, Carl Corporation sold land it held as an investment. The corporation received $50,000 in 2018 and a note payable (with adequate interest) for $150,000 to be paid in 2020. Carl Corporation's cost of the land was $80,000. The corporation has a $90,000 net capital loss carryover that will expire in 2018.
Complete the statement below as to whether Carl Corporation should report the sale in 2018 or use the installment method to report the income as payments are received.
Carl Corporation should (elect to forgo the use of/ use) the installment method since the gain of
Carl Corporation should (elect to forgo the use of/ use) the installment method since the gain of $ CAN be used to offset the net capital loss carryover.
Since the gain of CA be utilized to offset the carryover of a net capital loss, Carl Corporation should (either choose to forego using or use) the installment method. Sadly, the IRS does not let the investor to select the year in which they will use the carryover loss. If the investor misses a year without making up the loss, the forfeit is irrevocable. Only the portion of capital gains for the tax year that a corporation has may be used to offset capital losses. Corporations are not allowed to deduct excess capital losses from ordinary income, unlike individual taxpayers.
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currently, the most economically valuable non-wood commodity to be harvested from forests is .
Currently, the most economically valuable non-wood commodity to be harvested from forests is pharmaceuticals.
Aiming to cure, immunize, or treat patients' symptoms, the pharmaceutical industry finds, develops, manufactures, and promotes medicines or pharmaceutical drugs for usage as medications given to patients (or self-administered). Pharmaceutical firms may sell both brand-name and generic drugs as well as medical equipment.
They must abide by a number of laws and rules that control the marketing, testing, safety, efficacy, and patenting of medicines. In 2020, the global pharmaceuticals industry will have produced therapies worth $1,228.45 billion, with a 1.8% compound annual growth rate (CAGR).
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we noticed unusual activity on your account and were unable to confirm your identity. to help ensure the security of our community, your advertising access was permanently restricted. you'll no longer be able to use meta products to advertise.
The above case of advertisement notice generally appears in the Me-ta's
Advertising Restrictions.
Advertising statements are required by law to be true, not unfair or misleading, and supported by facts. Some specialized goods or services may be subject to specific regulations. Product, pricing, location, and promotion make up the four Ps.It's crucial to remember that Face-book often limits advertisements and ad accounts due to the following reasons: Your advertisements have drawn criticism. You've somehow transgressed Face-book's advertising policies.To know more about Advertisement here
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fox co. is considering an investment that will have the following sales, variable costs, and fixed operating costs: year 1 year 2 year 3 year 4 unit sales 3,000 3,250 3,300 3,400 sales price $17.25 $17.33 $17.45 $18.24 variable cost per unit $8.88 $8.92 $9.03 $9.06 fixed operating costs $12,500 $13,000 $13,220 $13,250 this project will require an investment of $20,000 in new equipment. under the new tax law, the equipment is eligible for 100% bonus deprecation at t
An investment is an asset or item acquired with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset over time. When an individual purchases a good as an investment, the intent is not to consume the good but rather to use it in the future to create wealth.
Depreciation is a lower within the book fee of constant belongings. Depreciation entails loss of value of assets because of the passage of time and obsolescence. Depreciation is an ongoing system until the cease of the life of assets.
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switch to layout view and apply the organic theme to this report only. set the width of the productcost label to approximately 0.8? so that the entire text of the label is visible. switch to report view to determine whether all the columns fit across the page. switch to layout view a
Using the Field List pane, you can add a field to a form or report. Open your report in either Design view or Layout view. Do one of the following if the Field List pane is not visible: Click Add Existing Fields in the Tools section of the Design tab.
In the layout view of a report, when choosing a control?An orange border surrounds the control in Report Layout view when it is chosen. Point at the control's center and drag it in the appropriate direction to move it.
What does a report's format or layout entail?Format refers to a document's design and typography. Typography refers to the typeface and font size used in a publication. Margin and line spacing are part of layout.
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Zisk Co. purchases raw materials on account. Budgeted purchase amounts are: April, $83,000; May, $113,000; and June, $123,000. Payments are made as follows: 70% in the month of purchase and 30% in the month after purchase. The March 31 balance of accounts payable is $25,000 Prepare a schedule of budgeted cash payments for April, May, and June April May June Current month purchases 70%
Ending accounts payable 30% Total purchases
Total purchases are 83000,113000,123000.
April May June
Current month purchases 70% 58100 79100 86100
Ending accounts payable 30% 24900 33900 36900
Total purchase 83000 113000 123000
Zisk Co.
Schedule of cash payments
For April, may, June
April May June
Cash payments for:
Currents Month purchase 58100 79100 86100
Prior Month purchases 25000 24900 33900
Budgeted cash payments for material 83100 104000 120000
Total purchases- The value of all products and services purchased during the accounting period for resale or consumption in the production process, excluding capital items, is included in total purchases of goods and services (the consumption of which is registered as consumption of fixed capital)
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Now suppose South Africa opens up to trade, as in the small-country model. er the country of South Africa, the y of which is the rand. The graphs how two markets: gasoline and iron Suppose the world price for gasoline is 9 rand per liter. South Africa will Select... million liters of gasoline. Market for Gasoline Market for Iron Ore Submit 30 A 27+ 12,000 A 10,000+ Do you know the answer? X Price (rand per metric ton) 8,000 6,000 4,000 I know it Think so Unsure No idea 2.000 1 2 3 4 5 6 7 8 9 10 Quantity (millions of liters) 1 2 3 4 5 6 7 8 9 10 Quantity (millions of metrict
South Africa will import 5 million liters of gasoline because Low domestic supply and high domestic demand at world market prices
What is Domestic Supply in Economics?Quantity of commodities available for domestic consumption or fixed investment, valued at producer prices. It is calculated from domestic production plus imports minus exports minus inventory change.
What is Domestic Demand?
Domestic final demand is the real sum of final consumption, investment and inventory building expenditures by the private and public sectors. Demand for domestic goods refers to the demand for goods produced in our economy, both domestically and abroad. Domestic demand for goods is the domestic demand for goods that can be manufactured abroad.
What is the reason for the expansion of domestic demand?An increase in overseas production leads to an increase in domestic production. Channels are free: Increased foreign production leads to increased exports of domestic goods, increasing domestic production and domestic demand for goods through a multiplier.
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_____means that each individual has a designated supervisor to whom they report to at the scene of the incident.
"Unity of Command" means that each individual has a designated supervisor to whom they report to at the scene of the incident.
What is Unity of Command?Unity of command supplies that an employee is liable to only one supervisor, who in turn is liable to only one supervisor, and so on up the organizational hierarchy. This is truth further if the top of the organization is led by a group of people.
Who is supervisor?An individual instantly in line after management who is liable for monitoring and regulating a company’s staff in their execution of representative duties is called supervisor.
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a former boundary line that no longer functions as such is still marked by some landscape features or differences on the two sides.
Geometric, with a focus on straight lines rather than the local geography or tribal cultures.
European nations paid very little consideration to the geographical or cultural characteristics of the region when they opted to divide Africa with political colonial borders.
Instead, they use straight lines to divide the area geometrically.
Because this split disregarded regional and cultural traits, it has resulted in several identity and state-building challenges.
This is due to the fact that people aren't always looking at the same thing and because everyone's minds function differently and process information in slightly different ways, leading to different interpretations of the same information.
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don, an accountant, has had many inputs related to his position as an accountant over the years. one of his inputs is
In a case whereby don, an accountant, has had many inputs related to his position as an accountant over the years. one of his inputs is C) education.
What is the function of an accountant ?In general, accountants can be described as a profession that helps to analyze, verify and prepare financial records for their department or organization as a whole.
It should be noted that according to the Bureau of Labor Statistics it can be described as the financial documents to ensure lawful, efficient as well as compliant business practices.
Therefore, option C is correct.
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misssing options:
A) praise from his boss.
B) job security.
C) education.
D) vacation time.
szabo company computed the following data for 2012. the estimated operating cycle for 2012 is: days' sales in receivables 38.7 days accounts receivable turnover 9.6 times accounts receivable turnover in days 35.1 days days' sales in inventory 68.5 days merchandise inventory turnover 5.9 times inventory turnover in days. The estimated operating cycle for 2012 is?
please show work
The estimated operating cycle of the Szabo company for the year 2012 is 93.8 days.
By using the formula,
operating cycle = receivables turnover in days + inventory turnover in days
= 35.1 + 58.7
= 93.8 days
The time it takes for a business to purchase items, sell them, and get payment for those sales is referred to as an operating cycle. It is, in other words, the time it takes for a business to convert its inventories into cash. Depending on the sector, an operational cycle can be any length. The operating cycle is crucial because it can show a company's owner how quickly inventory can be sold.
Despite the fact that both cycles have similar goals, the operating cycle provides information about how efficiently a business operates, whereas the cash cycle provides information about how effectively a business manages its cash flow. In addition, it frequently happens in practice that one cycle affects the other.
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In the recent times, which of the following is making prospecting more difficult?
The emergence of numerous social media sites
A lower sales quota
An increase in the number of unethical buyers
The lack of effective prospecting methods
A change in buying behavior
In recent times, the emergence of numerous social media sites is making prospecting more difficult.
Social media refers back to the way of interactions amongst humans in which they create, proportionate, and/or trade information and thoughts in virtual groups and networks. The office of Communications and advertising and marketing manages the main and bills.
The time period of social media refers to a computer-based totally era that helps the sharing of ideas, thoughts, and information thru digital networks and communities. Social media is net-based and gives customers quick digital conversation of content, inclusive of private facts, documents, films, and snapshots. Social media systems permit users to have conversations, percentage records, and create net content material. there are numerous styles of social media, together with blogs, micro-blogs, wikis, social networking websites, image-sharing websites, immediate messaging, video-sharing sites, podcasts, widgets, virtual worlds, and extra.
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The curves show the marginal cost (MC), average variable cost (AVC) and average total cost (ATC) curves for a firm that sell mid-range cars in a competitive market. Use the area tool to draw the area representing the firms profit or loss, if the firm produce 6000 cars. Your answer should be a rectangle drawn with four corners
When the firm produce 6000 cars it earn a profit or suffer a loss of ----- million
MC has to be lower than the average cost curves while AVC and ATC are dropping. MC must be above the average cost curves while AVC and ATC are growing. Because of this, MC crosses the minimum points of the average cost curves.
What connection exists between the average cost AC and marginal cost MC curves?It follows that the AC curve's minimum point lies at point L, where the MC curve crosses it to lie above it. As a result, at the latter minimum point, the marginal cost curve cuts the average cost curve.
When MC and AC are equal, or when the MC and AC curves cross at point A, AC is constant and at its lowest point. When MC exceeds AC, AC rises according to output, starting at 5 units of output. Following that, both AC and MC climb, but MC does so more quickly than AC.
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