Differences in standards ought to be taken into consideration while integrating information system internationally, even inside the equal company.
What is Information System?An Information System (IS) is a hard and fast of interrelated additives that work together to collect, process, keep and disseminate records to assist decision-making. They additionally assist the coordination, supervision, evaluation and visualization of an organization. Information processing includes: facts process, facts storage, output and control.
What are three groups that use information system?Nowadays nearly all groups are the usage of Information structures. Some of the maximum well-known groups are Amazon, Walmart, and Netflix. These groups use the records gadget of their every day operations.
What are the types of Information Systems?Knowledge Work System. Management Information System. Decision Support System. Office Automation System. Transaction Processing System. Executive Support System.
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7.5 points ebookhintprintreferencescheck my workcheck my work button is now enabled5item 1 garcia company sells snowboards. each snowboard requires direct materials of $120, direct labor of $50, variable overhead of $65, and variable selling, general, and administrative costs of $23. the company has fixed overhead costs of $675,000 and fixed selling, general, and administrative costs of $141,000. it expects to produce and sell 12,000 snowboards.
$261 is estimated to produce. Direct labor is defined as labor that's also directly related to a company's production procedures.
How is labor costing calculated? What does it mean?Calculating overall cost of work for a good or service is known as labor costing. It has a substantial influence on profitability and is an essential component of corporate operations. Typically, direct and indirect labor expenditures are separated. The formulae, methodologies, and procedures used to determine labor expenses vary.
Briefing:Its sale price per unit is determined before the unit fixed cost.
Unit fixed cost= Fixed Overhead+ Administrative Costs
= $675,000+ $141,000
= $816,000
Fixed cost per unit = Total Fixed Cost/No Of Units Produced
=$816,000/$12,000
=$68
Total Cost Per Unit = Direct Labor + Direct Material + Variable Overhead + Fixed Cost Per Unit
=$50+$120+$23+$68
=$261
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Which one of the following is NOT one of the functions of the World Trade Organization?
*providing aid for developing countries
*monitoring trade policies
*helping combat emergencies, such as the worldwide pandemic
*helping resolve trade disputes
Helping combat emergencies, such as the worldwide pandemic
The WTO does not have the authority to aid in the prevention of crises like pandemics.
The organization performs a variety of tasks and duties, some of which include: implementing trade rules of policy to provide a level playing field among member nations, and the requirement for reliable and stable international trade regulations.
A study of specific policies makes ensuring that commerce is conducted openly and within a solid framework. The platform for debating potential tactics.
Since it is a global trading system, trade discussions between countries are inevitable. If there is no forum to debate the future of the trade, miscommunications may arise and lead to a situation like a war. This is where the WTO steps in and aids in peaceful negotiations.
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8 . problems and applications q3 the chapter notes that the rise in the u.s. trade deficit during the 1980s was due largely to the rise in the u.s. budget deficit. on the other hand, some in the popular press have claimed that the increased trade deficit resulted from a decline in the quality of u.s. products relative to foreign products.
If there may be a decline within side the excellent of goods, then it's going to bring about decrease or decreased internet exports at any given alternate price.
The required details for exchange rate in given paragraph
This might be proven as a discount within side the call for for US bucks so call for shifts left depreciating the United States greenback. Real alternate price declines within side the economy. Since there may be no trade in internet capital outflow there isn't always trade in internet exports because it usually falls after which rises. The declare is fake due to the fact excellent of merchandise can't be held chargeable for reducing exchange and growing exchange deficit. The 2nd declaration is likewise fake due to the fact a decline in alternate price makes imports high priced so requirements of residing are decrease. An alternate price is the price at which one foreign money might be exchanged for some other foreign money. Currencies are maximum generally country wide currencies, however can be sub-country wide as within side the case of Hong Kong or supra-country wide as within side the case of the euro.
The alternate price is likewise seemed because the fee of 1 country's foreign money with regards to some other foreign money.
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Whereas acknowledging others means you are interested in their ideas, endorsement means that you agree with themTrue/False?
" Whereas acknowledging others means you are interested in their ideas, endorsement means that you agree with them." This statement is True.
the act of pronouncing which you approve of or assist something or someone: The campaign hasn't received any political endorsements. He was hoping to a comfy brief endorsement of the plan from the president. An endorsement is a form of public guidance or approval. Endorsements are given to politicians and merchandise. in case you provide something an endorsement, you're basically pronouncing "I approve of this person or product." Celebrities provide politicians an endorsement if they think you should vote for them.
A signature is an endorsement. for example, whilst corporation problems a payroll check, it authorizes or endorses the transfer of cash from the business account to the employee. The act of signing the take look at is taken into consideration an endorsement, which serves as proof of the payer's purpose to switch funds to the payee.
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yet, uncovered interest rate parity theory states that the difference in interest rates between two countries will equal the relative change in currency foreign exchange rates over the same period
According to the Uncovered Interest Rate Parity (UIP) theory, the variation in interest rates among two countries during a given time period would be equal to the relative change throughout currency exchange rates.
Along with capped interest rate parity, it provides a type of interest rate parity (IRP).
It offers a form of parity in interest rates in addition to capped interest rate parity (IRP).
Amounts that have been lent, deposited, and borrowed are expressed in terms of the interest due for each period. The total interest on a loaned or borrowed sum is determined by the total principle, interest, accumulating frequency, as well as length of the loan, deposit, or loan.
The interest rate payable for a whole year is known as the annual interest rate. A shorter time frame, like a day or a month, was applied to other rates, which are usually attributed on an annual basis. A leading indicator of interest rates is believed to be preferring for a certain dollar from present income over a dollar of future income.
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during the past three decades, the level of federal payroll tax has, and the level of federal corportate teces has
During the past three decades, the level of federal payroll tax has increased and the level of federal corporates taxes has fallen.
What is meant by the federal payroll tax?Payroll taxes are levied by the federal government on salaries and self-employment earnings, and the money collected is used to pay for Social Security, Medicare, unemployment insurance, and other social insurance programs.
The city, state, or nation where they reside or conduct business is responsible for collecting tax from both individuals and businesses. Federal taxes are those that are collected and paid to the federal government of the nation. Federal taxes are used by governments to fund the expansion and maintenance of the nation.
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Quick Fix-It Corporation was organized at the beginning of this year to operate several car repair businesses in a large metropolitan area. The charter issued by the state authorized the following stock:
Common stock, $14 par value, 99,100 shares authorized
Preferred stock, $46 par value, 8 percent, 59,300 shares authorized
During January and February of this year, the following stock transactions were completed:
a. Sold 78,900 shares of common stock at $28 cash per share.
b. Sold 20,000 shares of preferred stock at $79 cash per share.
c. Bought 5,100 shares of common stock from a current stockholder for $16 cash per share.
Net income for the year was $90,400; cash dividends declared and paid at year-end were $31,200.
Question:
Prepare the stockholders' equity section of the balance sheet at the end of the year.
Stockholder's equity will be equal to $3766800, considering the value of common stock, preferred stock, additional capital and retained earnings.
common stock = $14*78,900 = $1,104,600
Preferred stock = $46*20,000 = $920,000
Add: additional paid in capital (78900 * $14 +20000 * $33) = $ 1764600
Add: retained earnings ($90400-$31200) = $59200
Less: treasury stock (5100 * $16) = $81600
Stockholder's equity = $3766800
Equity, also known as shareholders' equity or owners' shares for privately owned businesses, is the quantity of cash which would remain in the hands of a company's shareholders in the event that all of those assets were sold off and its liabilities were fully settled. It is the worth of sales revenue less any obligations owing by the company that were not transmitted with sale inside the case of an acquisition.
Additionally, a company's book value may be represented through shareholder equity. Equity may sometimes be given in exchange for cash. Additionally, it symbolizes the proportionate holding of a company's equity.
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In which of the following situations would a taxpayer be better off to take the foreign taxes paid as an itemized deduction rather than as a foreign tax credit?
a. The foreign tax paid was less than 10% of AGI.
b. The foreign tax paid was to a South American country.
c. The foreign tax paid was a property tax.
d. The foreign tax paid was an income tax.
a. The foreign tax paid was less than 10% of AGI. he following situations would a taxpayer be better off to take the foreign taxes paid as an itemized deduction rather than as a foreign tax credit
One who pays taxes is often referred to as a "taxpayer". A taxpayer is a person or a business that must pay taxes to local or federal taxing authorities. [1] In addition to many other types, taxes can take the form of income taxes or property taxes levied against owners of real property (such as homes and automobiles). When people purchase taxable products and services, they may be required to pay taxes. The workforce of a nation is sometimes referred to as a "taxpayer" since taxes are used to fund government programs and services.
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according to the keynesian framework, which of the following will not help a country to get out of a recession, but may help that country reduce inflation?
According to the Keynesian framework, the statement that will not help a country to get out of a recession, but may help that country reduce inflation is: B. a decrease in military spending.
What is recession?Recession occur when a nation experience decline or decrease in their economy and this can tend to occur as a result of decline in the gross domestic product of that nation.
A decline in military spending can tend to help reduce inflation which is a rise in the price of goods and service but on the other hand it cannot help a nation to get out of recession.
Therefore the correct option is B.
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The complete question is :
According to the Keynesian framework, which of the following will not help a country to get out of a recession, but may help that country reduce inflation?
A. an increase in military spending
B. a decrease in military spending
C. increase in spending by the government on health care
D. decrease in spending by government on health care
What is maximum pricing in economics
A maximum pricing in economics can be defined as the lowest price that can legally be set, e.g., minimum price for alcohol, minimum wage.
Explain in detail.
A maximum price is a legally-imposed limit on the cost of goods or services in a market. It is intended to prevent the market price from rising above a certain level, as suppliers are not allowed to exceed the maximum price. For the maximum price to be effective, it must be set below the free market price. This ensures that the market price is kept below the maximum price, and that suppliers are not able to charge more than the maximum price.It also occurs when the government sets a legal limit on the price of a good or service – with the aim of reducing prices below the market.To know more about Maximum pricing from the given link
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Dream Home] Jacob finds a dream home on the lake. He wants to buy it but is unsure whether he can get a loan. He signs a contract with the seller that he will buy the home provided that he can obtain a loan. Jacob also includes a clause in the contract with the seller stating that if he loses his job before the date the purchase contract is signed, the seller will release him from any obligation. After obtaining a loan and buying the home, Jacob decides he wants to have new windows installed. He enters into a contract with a window contractor. The window contractor visits the home, but never finds Jacob there. The contractor makes several attempts to reach Jacob, but Jacob does not return phone calls and makes no attempt to assist the contractor in arranging the window installation. The provision that the seller will release Jacob unless he is able to obtain a loan is a(n) _______.
'Multiple Choice
Condition subsequent
Condition precedent
Bona fide condition
Condition concurrent
Exculpatory condition
A subsequent condition is that the seller won't release Jacob unless he can secure a loan.
By provision, what do you mean?
the practice or act of giving. the fact or state of having planned ahead; an action made in advance to address a requirement or contingency: preparation. made provision for replacements; a supply of essential goods.
What is a provision example?
A provision is a sum of money placed aside to cover potential expenses or other losses, including drops in asset value. Bad debt, loan losses, tax payments, pensions, warranties, out-of-date goods, restructuring charges, and asset impairment are examples of provisions.
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Suppose that the paper clip industry is perfectly competitive. Also assume that the market price for paper clips is 2 cents per paper clip. The demand curve faced by each firm in the industry is: O a vertical line at 2 cents per paper clip. O always higher than the firm's MC curve the same as the market demand curve for paper clips O a horizontal line at 2 cents per paper clip
Each company in the sector must deal with a demand curve that is (C) a horizontal line at $2 per paper clip.
A market model known as perfect competition is predicated on the idea that many companies create the same commodities that are purchased by many clients. The assumption made by the model of competitive equilibrium is that it is simple for new businesses to enter the market and for remaining customers to depart. Furthermore, it relies on the belief that buyers and sellers are adequately educated about the market's current condition.
What properties do paper clips possess?
Shape and composition
Paper clips often have an oblong shape with straight edges, although they can also have more complex designs like trapezoidal or circular shapes. Steel or another type of metal is the most typical component, however poured polymer is also utilized .
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If the financial statements of the foreign subsidiary are maintained in the local currency and the U.S. dollar is the functional currency, they are remeasured by the temporal method.True or False
This is true because the income reports of multinational firm are remeasured using the temporal technique if they're kept in the exchange rate but the U.S. dollar serves as the exchange rates.
Explaining finances is what?The term "finance" refers to issues including the development, management, and research of money including investments. It entails employing future revenue flows to finance present initiatives with the use of loans and mortgages, commodities, and investment.
What does finance mean to a business?It makes reference to the entire quantity of cash and credit that a corporation has utilised. The execution of all subsequent processes, such as the acquisition of assets, operations, and raw materials, require business finance. In particular, it is required when carrying out any and all business processes.
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which of the following are requirements for the correction of an accounting error? (select all that apply). Restate previous years' financial statements that are incorrect. | Prepare a journal entry to correct the error. | Disclose the nature of the error and the impact of the error on net income.
The following are requirements for the correction of an accounting error:
Prepare a journal entry and then correct the error.Report a prior period adjustment to the starting balance in retained earnings for the earliest year thats affected.An unintentional inaccuracy in an accounting entry is referred to as an accounting error. The error or mistake is frequently corrected right away when discovered. If the issue cannot be resolved right away, an inquiry into the error is carried out.
Accounting mistakes are blunders that are frequently committed when entering or submitting accounting entries. These differences are typically inadvertent and not the result of fraud.
The capitalization of $400,000 spent on routine equipment repairs contains an accounting mistake. This mistake has to be corrected because it causes the following issues:
incorrectly reporting incomeincorrect categorisation of cash flowsincorrectly reporting expensesa mismatch between income and expenses.To know more about accounting error: https://brainly.com/question/26990784
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federal taxes on the sale of alcohol, tobacco, and gasoline are examples of taxes.
Excise taxes are levied on particular products or services like alcohol, cigarettes, and gasoline. They are mostly taxes that businesses must pay, which usually results in indirect price increases for consumers.
What kind of tax is levied on cigarettes and gasoline?Excise taxes are levied on the production, distribution, and consumption of goods as well as on the issuance of licenses for particular professions. Since 1950, when excise taxes accounted for over 20% of total federal tax receipts, the federal government has become less reliant on them.
It's a form of consumption tax, which means it charges consumers for their purchases. Because sales taxes are typically passed on to customers at the moment of sale, it is classified as a consumption tax. A sales tax is an example of an indirect tax, meaning it is not paid to the government directly like an income tax.
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List the steps in cost variance analysis, with the first step on top. 1. Prepare reports 2. Analyze variances 3. Questions and Answers 4. Take action.
The steps in cost variance analysis is,
Prepare reportsAnalyze variancesQuestions and answersTake actionWhat is Cost variance?A control system called budget variance analysis is made to find and fix deviations from predicted values. It entails the following actions: Determine the difference between a cost that was incurred and one that was anticipated. A key component of budgeting is cost variance analysis, which involves financial analysts in all facets of business to see if a company is carrying out its planned activities.
Cost variance analysis, however, can sometimes be overly strict in that it prevents a company from redirecting financing to more pertinent initiatives and instead forces it to follow an outdated plan of operations.
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carryall, inc., makes and sells small cargo trailers to individuals and small businesses. since its opening in 1990, it has allocated indirect costs (idc) to its three manufacturing plants based on direct materials cost per unit. each plant builds different models and sizes. because of advances in automation and materials, judy, the cfo plans to use build-time per unit as the new basis. build-time is the average number of work-hours to complete a trailer. however, she initially wants to determine what the allocation would have been this year had the build-time basis been used
Indirect costs are expenses that are incurred but cannot immediately be linked to a particular project or organisational activity.
What are indirect costs?Any expense that is indirectly connected with two or more final cost objectives or an intermediate cost target rather than directly with a single, ultimate cost objective is referred to as an indirect cost. It is not considered to be a direct cost. Indirect costs are those that must still be assigned to the various cost objectives after direct costs have been identified and charged directly to the contract or other job.
If additional costs incurred for the same purpose under comparable conditions have been included as a direct cost of that or any other final cost aim, no indirect costs may be assigned to that objective.
Hence, indirect costs are expenses that are incurred but cannot immediately be linked to a particular project or organisational activity.
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Roland mows Karla's lawn for $25. Roland's opportunity cost of mowing Karla's lawn is $20, and Karla's willingness to pay Roland to mow her lawn is $28. Refer to Scenario 8-2. Assume Roland is required to pay a tax of $3 each time he mows a lawn. Which of the following results is most likely? a. Karia now will decide to mow her own lawn, and Roland will decide it is no longer in his interest to mow Karia's lawn b. Roland and Karla still can engage in a mutually-agreeable trade c. Roland is willing to mow Karla's lawn, but Karla will decide to mow her own lawn d. Karis is willing to pay Roland to mow her lawn, but Roland will decline her offer
Option d is the correct selection: Karla and Roland can still come to an agreement on a trade.
A consumer's willingness to pay can be thought of as the highest price they can afford for a product or service. When a customer's willingness to pay is greater than the price he actually pays, that customer has earned a surplus. In a similar vein, when a producer receives a price that is greater than the minimum price he is willing to accept, he earns surplus.
What is an example of opportunity cost?Time spent studying and money used for other purposes are the opportunity costs. Wheat is planted by a farmer; Planting a different crop or making a different use of the resources (land and farm equipment) is an example of the opportunity cost.
What is the name of opportunity cost?The next best option is commonly referred to as opportunity cost. The loss of gain that could have been gained if another option was chosen is also referred to as the alternative cost. It can also be described as the loss of a benefit as a result of making a different choice.
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in order to examine the relationship between the selling price of a used car and its age, an analyst uses data from 20 recent transactions and estimates price
So that it will study the connection between the promoting charge of a used car and its age, an analyst uses statistics from 20 recent transactions and estimates fee = β0 + β1Age + ε. A portion of the regression effects is shown in the accompanying table. [You may find it useful to reference the t table.]
Coefficients StandardError t Stat p-value
Intercept 21,228.95 738.41 28.750 1.70E-16
Age −1,206.23 129.97 2.78E-08
a.Specify the competing hypotheses so that you can determine whether or not the promoting price of a used automobile and its age are linearly associated.
multiple choice 1
H0: β1 ≥ 0; HA: β1 < 0H0: β1 = 0; HA: β1 ≠ 0H0: β1 ≤ 0; HA: β1 > 0selling price:-We enjoy distinctive conditions every day when we want to calculate or evaluate matters. specifically, situations involving the sale or buying of products. The selling price is used to promote the object at a sure value and may be calculated by the usage of the promoting fee formulation. the amount that the client pays to shop for the product is known as the selling charge. The actual promoting rate is the charge the client pays to buy a product or service.
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If output grows by 8 percent and the population declines by 2 percent, per capita will have grown by _____.
a) 8
b) 5
c) 4
d) 10
Per capita will have increased by 10% if output increases by 8% and the population fall by 2%.
Reduced immigration, population aging, and falling fertility rates are thought to be the main causes of the drop in U.S. population growth. The United States slowing population growth rate is mostly due to a decline in net immigration to the country.
Overall, migration and natural change are two very fundamental factors that determine whether the population increases or decreases. The balance between these components, as this blog has shown, varies from place to place but generally follows patterns throughout states or regions.
Population reduction will reduce both the number of people who are of working age and those who are of military age, hence reducing military might.
Per capita output growth = economic growth - population growth
= 8 percent - (-2 percent)
= 10 percent
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when a corporation issues shares of common stock for an amount above par, which of the following entries occur?
Answer:
Explanation:Dividends payable is decreased. When a corporation issues shares of common stock for an amount above par, which entries occur
T/F if the debtor offers to pay the debt owed to a creditor but the creditor refuses the tender, the surety remains obligated on the debt.
The statement given is true. If the debtor offers to pay the debt owed to a creditor but the creditor refuses the tender, the surety remains obligated on the debt.
What is surety?A surety is a party or person who assumes the responsibility of paying the debt in case the debtor policy defaults or is unable to make the payments. A surety is generally used in contracts where one party's financial holdings or well-being are in question and the other party wants a guarantor.
Those debts are owed by and paid from the deceased person's estate. By law, family members do not generally have to pay the debts of a deceased relative from their own money. If there isn't enough money in the estate to cover the debt, it usually goes unpaid. But there are exceptions to this rule.
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as the project status information is gathered and reported, it is often necessary to adjust and___.
As the project status information is gathered and reported, it is often necessary to adjust and Planning.
The process of combining concepts and resources to enable a project to accomplish its goals is known as project development. The term "development" can be a little confusing because it's commonly used to refer to the second of project management's five stages. Effective Communication. Whether it be during stakeholder meetings or project launches, project managers communicate often, Negotiation, scheduling and time management, Leadership, Technical Mastery, Risk management, analytical thinking and problem-solving. Project development is the process of organizing and distributing resources to fully develop a project or product from concept to go-live. The usual five stages of this process are discovery, allocation, kickoff, quality assurance, review, and report.
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enables a manager to make decisions, give orders, and utilize resources. For example, the manager of a local coffee shop has the right to hire and fire new employees based on their punctuality, performance, and customer service ratings. A Instrumentality B An informal culture Expectancy D Valence E Authority Question 8 1 Point is the gradual movement of an organization away from its present state toward some preferred future state to increase its efficiency and effectiveness. A Benchmarking B Management by objectives © Evolutionary change Bureaucratic control E Departmental change
A manager needs authority in order to make choices, issue commands, and use resources. For instance, the proprietor of a neighborhood coffee shop has the authority to employ and discharge baristas based on their punctuality.
How do I define resources?
a supply or support source: a readily accessible method. A natural source of riches or income; generally used in the plural. Natural characteristics or phenomena that improve the quality of human life; frequently used in plural.
What are some resources' examples?
Natural resources include things like oil, coal, gas, metals, stone, and sand. Water, soil, sunlight, and air are other natural resources. Natural resources also include fish, plants, birds, and animals. Natural resources are utilized to produce food, fuel, and the raw materials needed to build commodities.
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A survey will be sent to dog owners to investigate their opinions on multiple topics. Which of the following questions on the survey is most likely to contribute to question-wording bias?
answer choices
How many dogs do you own?
Should responsible dog owners purchase pet insurance?
How much money do you spend on dog food each year?
How many times did you take your dogs to a vet last year?
Does your dog sleep in your bed on a regular basis?
I own five dogs. If you own several pets, your out-of-pocket expenses may become significant if you don't have insurance. Costs for lower-quality dog food often vary from $30 to $75. Dogs age more quickly than humans do, therefore yearly checkups are essential to their wellbeing and disease prevention. Dogs do indeed frequently sleep in beds.
Consider pet insurance if you own a pet. Pet insurance could still save you thousands of dollars if your pet becomes sick or hurt, Pet insurance could still save you thousands of dollars if your pet becomes sick or hurt, even if you think you have enough money to pay for vet bills. Without insurance, your out-of-pocket expenses may rise quickly, particularly if you have several dogs. Costs for lower-quality dog food often vary from $30 to $75. Given that a bag of dog food costs, on average, $50 per month, you should save aside around $600 per year. On the other hand, premium dog foods can cost anywhere between $150 and $300. Generally speaking, healthy adult dogs should go to the vet around once a year for exams, vaccines, and other preventative treatment. Dogs age more quickly than people do, thus every year.
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A local pizzeria hires college students to make pizza, wait on tables, take phone orders, and deliver pizzas. For each situation described, determine whether the demand for student employees by the restaurant would increase, decrease, or remain unchanged. Explain each answer.
a. The demand for pizza increases.
b. Another pizzeria opens up next door.
c. An increase in the minimum wage raises the cost of hiring student employees.
d. The restaurant buys a computer system for taking phone orders.
e. The restaurant develops a website so customers can order online.
The demand for pizza increases because In this task, we need to explain whether the demand for student employees would increase, decrease or remain constant in different scenarios.
Demand for labor is the total demand for working hours (workers) that is derived from the demand of a firm's total output.
Cost of employees increases because the minimum wage rises
Therefore, when the minimum wage for student employees increases, the marginal cost of labor increases.
Therefore, the demand for student employees would decrease.
what is Demand ?Demand refers to the consumer's desire to purchase a particular product or service. Market demand is the demand for a particular good in the market. Aggregate demand refers to the overall demand for goods and services in any economy.The matching of supply and demand determines the price of goods or services, Understanding the concept of demand. Demand is an economic concept that refers to consumers' desire to purchase goods and services and their willingness to pay a particular price for them. The Law of Demand is an economic principle that consumer demand for a commodity increases when prices fall and decreases when prices rise. The law of demand comes into play during Black Friday sales, when consumers rush to buy products at deep discounts.to learn more about Demand from the given link :
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A risk analyst assigns a number and an impact severity against each risk identified in an organization's infrastructure. Which of the following methods do the risk analyst use?A. Qualitative Risk AnalysisB. Quantitative Risk AnalysisC. Root Cause AnalysisD. Failure Mode Effect Analysis
The answer is B. A risk analyst assigns a number and an impact severity against each risk identified in an organization's infrastructure. Risk analyst use Quantitative Risk Analysis.
A quantitative risk analysis is proof based. It allocates mathematical qualities to chances, in light of quantifiable information, for example, costs, planned operations, finish time, staff days off, etc. You will as a rule perform one after a subjective risk analysis, it's a method for encouraging evaluate the most elevated need chances.
Understanding the likelihood and effect of dangers on project objectives is performed. For example, in a development project, quantitative risk analysis assists us with working out the effect of an undertaking deferral, for example, getting a grant late causes a twenty-day delay with an expense of $80,000.
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the interstate land sales full disclosure act requires developers of any property to file a disclosure statement with hud.
The Securities Act of 1933 served as a model for the Act, which mandated that Interstate Land developers register any subdivisions of non-exempt lots or condominium units.
Congress passed the Interstate Land Sales Full Disclosure Act of 1968 in 1968 to make it easier to regulate interstate land sales and to safeguard customers against dishonesty and abuse in the purchase or leasing of real estate. Land developers were compelled to register subdivisions of non-exempt lots or condominium units under the Securities Act of 1933-inspired law. The initial submissions were supposed to be made with the US Department of Housing and Urban Development. Currently, the Consumer Financial Protection Bureau is in charge of carrying out the Act's requirements (CFPB). A Property Report is a disclosure document that a regulated developer is required to give to every buyer. The Property Report, which is required to be given to, contains pertinent details regarding the subdivision.
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Lester sold a warehouse with an original cost of $150,000 for $230,000. The warehouse hadaccumulated depreciation of $40,000. The recognized gain on the sale was $120,000. The amount of the gain that is unrecaptured Section 1250 gain is $40,000 and will be taxed at amaximum rate of 20 percent.
Lester sold a warehouse with an original cost of $150,000 for $230,000. The warehouse had accumulated depreciation of $40,000. The recognized gain on the sale was $120,000. The amount of the gain that is unrecaptured in Section 1250 gain is $40,000 and will be taxed at a maximum rate of 20 percent. The remaining $80,000 will be taxed at a maximum rate of 20%
Recognized gain
= Purchase price - Net book value
= 230,000 - (150,000 - 40,000) (150,000 - 40,000)
= $120,000
The amount of Section 1250 gain that is unrecaptured:
= Selling price - asset cost - depreciation accumulated
= 230,000 - 150,000 - 40,000
= $40,000
According to IRS regulations, the maximum tax rate is 25%.
The cash to be charged at a maximum of 20% is as follows:
= Profit - Section 1250 profit
= 120,000 - 40,000
= $80,000
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all of the following accounts will appear on the post-closing trial balance except multiple choice equipment. accumulated depreciation-equipment. depreciation expense-equipment. accounts payable.
Equipment, Accumulated Depreciation, and Accounts Payable will appear.
What is depreciation expense?A fixed asset's share that has been deemed consumed in the current period is subject to depreciation expense. The cost is subsequently added to the expense list. With this charge, the carrying amount of fixed assets will be steadily decreased as their value is depleted over time. There is no cash outflow related to this item because it is non-monetary.
When an entry is made to the depreciation expenditure account, the contra asset account that offsets the fixed assets (asset) account is the accumulated depreciation account. Over the course of a fiscal year, the balance in the depreciation expenditure account grows; at year's end, the account is flushed out and its balance is reset to zero.
Equipment, Accumulated Depreciation, and Accounts Payable will appear.
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