Internal control is defined, in part, as a plan that safeguards B). Assets
What is Internal Control.Internal control is a procedure implemented by a company's management, board of directors, and other staff members and is intended to give reasonable confidence that the information is accurate, timely, and trustworthy. of adherence to relevant laws, rules, agreements, policies, and procedures.
The processes, regulations, and practices used by a business to assure the accuracy of its financial and accounting data are known as internal controls.
What do you mean by assets?The balance sheet of a business lists assets. They are acquired or produced in order to raise a company's worth or improve the operations of the company.Whether it's manufacturing equipment or a patent, an asset may be viewed of as anything that, in the future, can create cash flow, lower expenditures, or increase sales.
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the budgets of public organizations are usually the product of legislation or public meetings. group of answer choices
True - the budgets of public organizations are usually the product of legislation or public meetings.
An enterprise or enterprise (Commonwealth English; see spelling variations), is an entity—which includes an enterprise, an organization, or an affiliation—comprising one or extra people and having a selected motive. The word is derived from the Greek word organon, because of this tool or device, musical instrument, and organ.
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since performance management is a tool that helps employees in realizing their long-term career objectives and addressing their areas of improvement, development is the only purpose of performance management.
Performance management is the ongoing process of enhancing performance through the setting of individual and team goals that are in line with the organizational strategy, planning for performance to achieve the goals, reviewing and assessing progress, and developing people's knowledge, skills, and abilities.
What Are the Stages of the Performance Management Cycle?The "Planning" stage for the upcoming period is the first stage of Armstrong's performance management cycle. Planning ought to include:Choosing SMART objectives togetherA personal development strategyThe steps that will be taken in the upcoming monthsan assessment of the employee's job requirements, with any necessary updates made to the position profile.Organizations historically tended to conduct this planning stage once a year. However, many organizations are adapting their processes to define "near-term" objectives every three months as the business environment becomes more agile and fast-moving.To learn more about Performance Management, refer to
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Performance management can finally be used to validate selection choices and evaluate training programs. The statement is false.
What Are the Stages of the Performance Management Cycle?The "Planning" stage for the upcoming period is the first stage of Armstrong's performance management cycle.Planning ought to include:Choosing SMART objectives togetherA personal development strategyThe steps that will be taken in the upcoming monthsan assessment of the employee's job requirements, with any necessary updates made to the position profile.Organizations historically tended to conduct this planning stage once a year.However, many organizations are adapting their processes to define "near-term" objectives every three months as the business environment becomes more agile and fast-moving.The complete question is,
Since performance management is a tool that helps employees in realizing their long-term career objectives and addressing their areas of improvement, development is the only purpose of performance management.
True/False
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A summary plan description outlines the disadvantages of your health plan along with your legal rights under the Employment Retirement Income Security Act.A) TrueB) False
A summary plan description outlines the disadvantages of your health plan along with your legal rights under the Employment Retirement Income Security Act .The given statement is false.
What is meant by employment retirement income security act?In order to protect the participants in these plans, the Employee Retirement Income Security Act of 1974 (ERISA), a federal law, establishes minimum requirements for the majority of voluntarily organized retirement and health plans in the private sector.
ERISA stipulates minimum requirements for participation, vesting, benefit accrual, and funding. It also assigns fiduciary duties to those who manage and control plan assets. It also mandates that plans establish a grievance and appeals process for participants to receive benefits from their plans. Finally, it grants participants the right to sue for benefits and fiduciary breaches.
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Having a very successful year, the real-estate holdings company manages to acquire a new property on July 1, 2021. The company TEMPhas a fiscal year-end of July 31. The details on the building and land for the new property are as follows:
Building
Cost basis - $40.0 million.
Useful life - 30 years.
Land
Cost basis - $10.0 million.
The accounting depreciation expense for the company for the fiscal year ending July 31, 2021, would be d) $1.33 million.
What is depreciation expense?Depreciation expense represents the gradual recognition (expensing) of the cost of a long-term asset over its useful life.
Using depreciation, the cost of an asset is spread over its estimated life instead of writing it off in one year.
Note that Building is a depreciable asset while Land is not depreciable.
Building's cost basis = $40 million
Useful life = 30 years
Straight-line Depreciation Expense per year = $1.33 million ($40 ÷ 30)
Thus, only the Building will be depreciated by $1.33 million yearly under the straight-line depreciation method.
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Question Completion:What would the accounting depreciation expense be for the fiscal year ending July 31, 2021?
a) $111 thousand.
b) $1.67 million.
c) $30.0 million.
d) $1.33 million.
using the fifo method and the list of inventory above, which of the following is the cost of goods sold during january? $187.50 $300.00 $237.50 $212.50
The simple-to-understand FIFO technique posits that commodities produced or acquired first are sold first for valuing inventories.
The FIFO approach is employed where?It is a method for calculating the cost of products sold that supports the cost flow hypotheses. The FIFO methodology is based on the assumption that the oldest inventory goods in a company have previously been sold. The computation is based on the prices paid for those earliest items.
What does FIFO intend to achieve?First in, first out (FIFO) is an uncomplicated approach of inventory valuation based on the presumption that commodities acquired or created first are sold first. This implies that older inventory is distributed to consumers before fresh inventory, in principle.
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bill raymond is the ceo of the drummond group, a consulting group in the carolinas. sales have increased at least five percent every year for the past seven years. unfortunately, the company has hit a slump this year, and revenue is far less than anticipated. however, in order to receive his performance bonus, bill must show a sales increase of at least seven percent. when financials are released, sales have increased by exactly seven percent. which of the following ratio analyses would be most helpful in revealing that bill included bogus sales in the company's financials?
Receivable turnover would analyze the most helpful in revealing that bill included bogus sales in the company's financials.
What is Receivable Turnover Ratio ?The Receivable Turnover Ratio, also known as the Debtor's Turnover Ratio, is an accounting metric used to assess how successfully a business extends credit and collects debts. Receivables turnover ratio is an activity ratio that assesses how well a company utilizes its resources. Net receivable rates / average net receivables is the formula.A high ratio suggests that a business either runs on a cash basis or that its credit extension and receivables collection processes are effective. A low ratio, however, suggests that the business is having trouble timely collecting on its debts.The ratio of the average accounts receivable for a period divided by the net credit sales for that same period is known as the accounts receivable turnover.Learn more about Receivable Turnover Ratio refer to :
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You are shopping for a new car. You find the perfect vehicle and are now applying for a loan from your local bank. Unfortunately, the bank rejects your application. You are surprised, because you have always paid your bills on time. You decide to examine your credit report. You discover that the credit agency is wrongly reporting that you are delinquent on a credit card bill. You have asked the agency to remove the inaccurate entry, but it has failed to do so.
What liability does the credit agency face for its incorrect reporting?
A. $5,0000 only.
B. Your actual damages, plus an additional amount not to exceed $5,000.
C. Your actual damages, plus an additional amount not to exceed $1,000, plus attorney’s fees.
D. $3,000, plus attorney’s fees.
The liability faced by credit agency for its incorrect reporting will be - Your actual damages, plus an additional amount not to exceed $1,000, plus attorney’s fees. (C), is correct answer.
A credit agency for a for organization which gathers data on debt incurred by individuals and companies, gives a credit score to that data, and uses this score to determine a borrower's creditworthiness. Creditors and lenders including banks and card firms, provide credit agencies about the lending patterns and histories of their clients.
Businesses and individuals can pay a small fee and request copies of the data that has been reported to them by calling the credit agency or a linked third-party entity. The amount of credit that borrower has access to, how much of credit they have been using, and the details of their repayment behavior are all reported to credit agencies.
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n the neoclassical model, the as curve shifts to the right over time as and potential gdp expands. the macroeconomy adjusts back to real gdp productivity increases the level of real output drops aggregate demand increases
The neoclassical model, the as curve shifts to the right over time as productivity increases and potential GDP expands. the macroeconomy adjusts back to real GDP productivity increases the level of real output drops aggregate demand increases.
A Pure Neoclassical AS Curve. In the neoclassical model, the mixture demand curve is drawn as a vertical line at the extent of capacity GDP. If AS is vertical, then it determines the extent of actual output, irrespective of wherein the mixture call for curve is drawn.
This bankruptcy starts with constructing blocks of neoclassical economics: (1) capacity GDP determines the financial system's the size and (2) wages and charges will alter in a bendy way in order that the financial system will alter lower back to its capacity GDP stage of output.
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as the workforce has become more diverse, more employers are now willing to provide benefits to employees who establish a group of answer choices
As the workforce has become more diverse, more employers are now willing to provide benefits to employees who establish a Domestic partnership
According to data from the U.S. Census Bureau, the U.S. is expected to have a majority-minority population for the first time in 2043, and by 2060.
57 percent of the country's population would be made up of people of racial or ethnic minorities. This calls for businesses, business executives, and organizations to develop practical strategies for attracting, retaining, and empowering a more diverse workforce.
Although some business executives may already be aware of the significance of these demographic shifts, some businesses are still unsure of the most effective ways to achieve diversity
As a consultant for diversity and inclusion, Morales has given advice to a lot of well-intentioned leaders who frequently want to increase workplace diversity but may not fully understand the value diversity adds to their organizations.
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(complete question)
With a diverse workforce, more employers are willing to provide benefits to employees who establish a:
a. dual taxing relationship.
b. joint employment status.
c. codependent relationship.
d. domestic partnership.
According to data from the U.S. Census Bureau, the U.S. is expected to have a majority-minority population for the first time in 2043, and by 2060.
57 percent of the country's population would be made up of people of racial or ethnic minorities. This calls for businesses, business executives, and organisations to develop practical strategies for attracting, retaining, and empowering a more diverse workforce.
Although some business executives may already be aware of the significance of these demographic shifts, some businesses are still unsure of the most effective ways to achieve diversity.
As a consultant for diversity and inclusion, Morales has given advice to a lot of well-intentioned leaders who frequently want to increase workplace diversity but may not fully understand the value diversity adds to their organisations.
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Western Securities, Inc. (WSI) is a broker-dealer that also offers portfolio management. One of WSI's portfolio managers notices an article on asset allocation that harmonizes with WSI's investment philosophy. If WSI should post a link to this article on its website, it would probably be considered
A)entanglement
B)estrangement
C)adoption
D)fulfillment
C
The correct option C) adoption; is being considered for the posted link of article on its website.
Define the term product adoption?Adoption is just the process through which people utilize a product, so it is adoption that will allow users to realize a product is useable and beneficial as well as enabling them to use a product for an extended period of time.
One of the most significant corporate objectives is product adoption. If their product is used, you establish a clientele and take up space in the market. When a product is adopted, it moves from being unfamiliar and unwelcome to being used and appreciated by its users.The specific user determines whether a product is adopted. Within your possible client base, there are many adopter types with various values.As the question stated-
Portfolio management is a service provided by broker-dealer Western Securities, Inc. (WSI). One amongst WSI's portfolio managers comes across an asset allocation piece that aligns with WSI's approach to investing.Thus, it would most likely be seen as adoption if WSI were to put a link to the this piece on its website.
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true or false: the law permits employers to decide on discrimination on any basis other than those prohibited by the constitution, precedent, and several statutes.
The law permits employers to decide on discrimination on any basis other than those prohibited by the constitution, precedent, and several statutes True.
Which of the following is an employee right that has been established by legislation or a court decision?Employees have legal rights, such as the right to a minimum salary, equal opportunity, the ability to collectively bargain with a union, the right to be free from sexual harassment, and other rights, as a result of legislation or judicial decisions.
When a worker complains of religious discrimination because they follow a particular religion?(A) The employer must make an exception for the employee despite seniority laws.
What are some instances of reverse discrimination?failing to promote a competent employee (favoring a less qualified employee or applicant instead) racial or gender discrimination in hiring or promotion decisions. racial or gender bias in hiring decisions.
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manner the cost of material for each side is $ 6/ft , 9/ ft , $12/ft and $14/ft respectively. if we have $1000 to buy fencing material determine the dimensions of the field that will maximize the enclosed area.
Let x and y represent the rectangle's measurements.
C = 6x + 9y + 12y + 14y = 18x + 23y = 1000
y = (1000-18x)/23
Amount, A = xy
A(x) is equal to x(1000-18x)/23 = (1000/23)x-18x2/23.
To find x, first take the derivative of A(x), and then set that value to zero.
A'(x) = 1000/23-36/23x
x = 1000/36 ≈27.78
y = (1000-18(27.78))/23 = 500/23 ≈ 21.74
27.78 feet by 21.74 feet are its measurements.
The biggest area is 604.91 ft.
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Kenneth Company uses activity-based costing. It budgets $1,650,000 of overhead cost to sustainably dispose of 6,600 tons of hazardous waste. The company disposed of 10 tons of hazardous waste in completing Job 125. Allocate overhead cost to the hazardous waste disposal as part of Job 125 using activity-based costing. Multiple Choice $2,500 $2,750 $3,000 $3,250 $3,500
The cost of hazardous waste disposal as part of Job 125 using activity-based costs is $2,500.
$1,650,000 / 6,600 tons = $250/tonHazardous waste disposal = 10 tons × $250 per ton = $2,500
A company is a prison entity shaped by means of a group of individuals to engage in and function as a commercial enterprise—business or business—organization.
A company may be organized in various ways for tax and monetary legal responsibility functions depending on the company law of its jurisdiction.
There are 3 not unusual varieties of companies—sole proprietorship, partnership, and business enterprise—and each comes with its very own set of blessings and downsides.
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give one reason to explain the materials variances. give one reason to explain the labor variances. please explain your answers.
Give one explanation for the variations in the materials. The production amounts of the materials could be a factor in material variations.
What do you mean by explaining the material and labor differences using variance analysis?Definition: In budgeting or management accounting, variance analysis is the study of differences between actual behavior and predicted or planned behavior. Basically, this is about how the discrepancy between real and planned behavior shows how business performance is being influenced.
The difference between the actual composition of a mixture and the standard mixture is what is known as the materials mix variance, which is a component of the materials quantity variation. Example: Material A and material B are the two raw materials used to create a product.
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last month, hildebrand corporation generated sales of $800,000 and incurred selling and administrative expenses of $320,000, of which half were variable. this month, the company estimates that it will generate sales of $900,000. management does not anticipate any changes in unit variable costs. however, it does expect fixed selling and administrative costs to increase by $4,000.
Sales were $800,000 and selling and administrative costs were 320000 last month.
A variable expense's proportion of sales is 20% (160000$/800000$) because of the amount's fixed and variable components (i.e., 160000$ fixed and 160000$).
900000 dollars were sold recently.
The amount for variable selling and administrative costs is 180000 ($900000 * 20%).
The fixed marketing and administrative costs are 164,000 dollars (164,000+4,000).
For the current month, selling and administrative costs total $344000.
Note:
Given that the variable cost per unit has not changed, the percentage calculated for the previous month can be applied immediately to sales in the situation at hand.
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shoplifting, sweethearting, and retail borrowing are all problems that contribute to__ a.shrinkage pyramid schemes b. pop-up retailing c. off-price retailing d. understored trade areas
Shoplifting, sweethearting, and retail borrowing are all problems that contribute to shrinkage.
Shoplifting is the robbery of products from an open retail established order, usually by concealing a shop object on one's individual, in the wallet, beneath garments, or in a bag, and leaving the shop without paying. With garb, shoplifters might also put on items from the store and leave the store wearing the garments.
Shoplifters come from all walks of existence. essentially, however, they fall into large categories: ordinary customers and specialists who scouse borrow for a living. The beginner steals on impulse. His maximum critical cause is an easy desire for the item itself. Amateurs usually steal merchandise for personal use, while career criminals generally thieve objects to resell them inside the underground economic system. other forms of shoplifting include swapping price labels of different objects, return fraud, or eating a grocery keep's food without paying for it.
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which of the following factors cause fulfillment centers to operate a little differently when processing online orders than orders shipped to stores?
Orders arrive from customers one at a time. Orders are sent out in relatively small quantities.
What function does a fulfillment center serve?
A fulfillment center's primary job is to help sellers manage their inventory, store it, send orders straight to customers or merchants, and help them with the crucial but frequently challenging fulfillment process as a whole. The business practices used to deliver goods and services to customers are referred to as customer fulfillment or order fulfillment.
It's time to update (or develop) your fulfillment plan if your firm is scaling for the first time or if years of continuous development are starting to put your operation's capacity to fill orders to the test.
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Orders from clients arrive one at a time, which makes fulfillment centers run slightly differently while processing online ones compared to orders shipped to stores.
What is a web order?Any order placed by such a customer from such a Covered Establishment for delivery or pick-up inside the City through or with the use of a Platform offered by a Delivery Firm is referred to as a "Online Order." This includes phone orders.
Which partners in the supply chain allow goods to reach customers directly?A direct channel of distribution enables customers to order and receive products straight from the producer. An indirect channel transfers goods from the manufacturer to multiple middlemen before delivering them to the customer.
What is an example of online shopping?When buying online, the buyer first visits the vendor's website to peruse its inventory before deciding which item to purchase. Other choices include paying with cash when the item is delivered or doing so online.
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ricky and sherry wilcox hired esprit log and timber frame homes to build a log house, which the wilcoxes intended to sell. they paid esprit $125,260 for materials and services. they eventually sold the home for $1,620,000 but sued esprit due to construction delays. the logs were supposed to arrive at the
The resulting situation for the construction delay is Fraudulent Misrepresentation
Construction:
The term construction refers the techniques and industry involved in the assembly and erection of structures, primarily those used to provide shelter.
Given,
Ricky and sherry wilcox hired esprit log and timber frame homes to build a log house, which the wilcoxes intended to sell. they paid esprit $125,260 for materials and services. they eventually sold the home for $1,620,000 but sued esprit due to construction delays
Here we need to find Esprit's argument credible.
While we have know that, Ricky and sherry wilcox hired esprit log and timber frame homes to build a log house, which the wilcoxes intended to sell.
And the amount paid = $125,260
Selling price = $1,620,000
Here we have identified that, they didn't give them what they asked for at all and they had out of pocket costs, espirit breached the contract, and the money they got from sale doesn't matter.
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What effect would doubling the initial amount of liquid water have on the amount of ice melted?.
The effect would doubling the initial amount of liquid water have on the amount of ice melted is mass of ice melted would double.
Ice is water that has been frozen into a solid state, usually at or below zero degrees Celsius, or 32 degrees Fahrenheit. It can look translucent or more or less opaque bluish-white depending on the presence of contaminants like dirt or air bubbles.
Ice is ubiquitous and naturally found throughout the Solar System, from objects in the Oort cloud to planets that are distant from the Sun, such as Mercury. It exists as interstellar ice outside of our solar system.
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How can I save on insurance?.
A life insurance policy, on the other hand, enables you to amass usable wealth while you're still alive and offers your loved ones financial security in the event of your passing.
Does life insurance work like a savings account?Most people consider life insurance to be protection for their cherished ones in the event that they pass away. In addition to doing just that, life insurance also offers a number of advantages while you're still alive, such as serving as an investment vehicle that allows you to accumulate wealth and increase your savings.You can access something called "cash value" with a permanent life insurance policy, which functions similarly to a savings account. The death benefit and cash value of permanent life insurance are essentially divided into two parts. Both of these pots will be funded by your policy contributions.Your death benefit and cash value increase over time as a result. Similar to a savings account, you can later withdraw the money you've accumulated and spend it however you like. Of course, there is also a growing death benefit that you can leave to your beneficiaries after you pass away.To Learn more About life insurance policy refer To:
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at neiman marcus, a first-class department store, customers shop for high-end products and they are assisted in every phase of the shopping process. neiman marcus is what kind of retailer?
The answer is Full-service retailer. Full-service retailers vie by providing support to shoppers at each touch-point within the looking method.
This is not simply confined to the realm of non-public interaction, however, includes service varieties that will build the looking method easier: acceptive multiple varieties of payments, like money, check, or MasterCard.
This area unit is a sort of sales that usually operates their business from a warehouse wherever customers return, pay in money, and carry the products purchased. This area unit those that don't entertain credit and solely settle for money. Their customer's area unit is usually the retailers.
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a large and sudden movement of funds out of a country is called a. arbitrage. b. capital flight. c. crowding out. d. capital mobility.
A large and sudden movement of funds out of a country is called a capital flight. Thus, option 'B' is the correct option.
What is the capital flight?When assets or money leave a nation quickly owing to an economic event or as a result of a political event like a regime transition or economic globalization, this is known as capital flight in economics.
When money reacts to political, economic, or financial news, some economists refer to it as hot money. In such a scenario, firms and investors are able to quickly remove both local and international cash from the economy. Thus, it has a detrimental impact on the economy of the country.
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which of the following steps of the new product development process would most likely use an real-win-worth it framework?
The following steps of the new product development process would most likely use an real-win-worth it framework is an idea screening.
Idea screening is the process of assessing fresh product concepts at an early stage of development to make sure they fulfill both customer and corporate needs. By concentrating on a concept with a better chance of success, this crucial procedure lowers the risks connected with the creation of new products.
The criteria can, for instance, take into account your consumers' and your market's demands. specifics about the expectations and behaviors of your customers. the cost-effectiveness of your concept, taking into account the resources required for the development.
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if the firm is decreasing production from q1 to q2, how is the firm doing? none of these answer choices are correct. it is at the break even point. very poorly; it is past the shutdown point. good; it is making a profit. poorly; it is at the shutdown point.
It is making a profit is the firm doing.
What is making profit?Profit is the amount of money earned from a certain good or service, and it is determined by subtracting costs from sales and calculating the profit margin. Analyzing the profitability of your products and services is necessary before developing sales strategies and gaining customers' attention.
Your company can increase profitability in three primary ways: by selling more products, raising prices, and cutting expenses. But improved cost effectiveness can potentially boost revenues.
Profit is what's left over after all expenses are subtracted from a business's revenue, which is also referred to as income. Earnings are typically distributed right away in small businesses.
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patsy banz owns 320 shares of a stock. for the last calendar quarter, the company paid a dividend of $1.17 a share. what is the total amount she received in her dividend check for this quarter?
220 shares of General Mills Corporation are held by Patsy Banz.
What is share?
A share, which can also refer to shares of mutual funds, limited liability partnerships, as well as real estate investment trusts, is a unit of equity ownership inside the capital stock of the a corporation in the financial markets. The term "share capital" describes all of an organization's shares. A shareholder (as well as stockholder) of a corporation is someone who owns shares in that company. A share represents the owning relationship between the business and the shareholder and is an immovable unit of capital. A share's face value, which may not correspond to the market value of the those shares, is its denominated value. The total face value of all issued shares represents a company's capital. A dividend is the revenue derived from of the ownership of shares.
General Mills Corporation paid a dividend of $0.47 per share for the most recent calendar quarter. The business distributed a $1.17 per share dividend during the previous calendar quarter. she receive in total in her dividend check for the current quarter. For every two shares of Daimler AG held on the Record Date, holders of Daimler AG shares got a free newly issued DTHAG Share. Earnings per share, or EPS, is a crucial financial metric that shows a company's profitability. It is determined by dividing the net income of the business by the total number of outstanding shares.
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Select the correct answer. which is a disadvantage of using credit? a. you make fewer purchases. b. you can build your credit history. c. you pay more because of fees.
The correct option is c. You pay more because of fees.
What do you understand about fees?Fees are the price one pays as remuneration for rights or services. Fees usually allow for overhead, wages, costs, and markup. Professionals traditionally in the United Kingdom and previously the Republic of Ireland receive a fee in contradistinction to a payment, salary, or wage, and often use guineas rather than pounds as units of account.
Under the feudal system, a Knight's fee was what was given to a knight for his service, usually the usage of land. A contingent fee is an attorney's fee which is reduced or not charged at all if the court case is lost by the attorney.
A service fee, service charge, or surcharge is a fee added to a customer's bill.
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a firm has a tax burden ratio of 0.75, a leverage ratio of 1.55, an interest burden of 0.4, and a return on sales of 14%. the firm generates $2.30 in sales per dollar of assets. what is the firm's roe?
A company has a tax burden ratio of 0. seventy-five, a leverage ratio of one. fifty-five, a hobby burden of zero. four, and a return on sales of 14%. the company generates $2.30 in income per dollar of assets. is the company's role 14.97%
ROE = Tax burden × hobby burden × Margin × Turnover × Leverage
ROE = zero.seventy five × zero.4 × 0.14 × 2.30 × 1.fifty five
ROE = zero.1497 or 14.97%
The burden charge highlights the indirect charges associated with generating or turning in a product or service. businesses calculate the burden rate to evaluate direct and indirect costs and discover greater approximately how a lot it expenses, overall, to offer their services or products.
Direct charges are the charges that pass immediately into the production or delivery of a product or service. those charges are normally classified as value of products sold and are factored into the gross profit. oblique fees, or overhead expenses, are the fees that move into jogging a enterprise and maintaining its doors open. They may be subtracted from gross income to reveal a business’s net earnings, or backside line.
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which of the following is an example of contractionary fiscal policy? group of answer choices lowering individual income taxes lowering the interest rates increasing individual income taxes increasing interest rates
A prime example of expansive fiscal policy is the (B) stimulus package.
What is expansionary fiscal policy?By giving consumers and businesses more money, an expansionary fiscal policy aims to boost economic activity. It's one of the main ways governments react to business cycle contractions and avoid economic recessions.If all else remains the same, a fiscal expansion will result in higher interest rates and "crowd out" some private investment, lowering the share of private investment in production. Fiscal policy also has an impact on the trade balance and the exchange rate in an open economy.The stimulus package is an illustration of expansive fiscal policy. When a central bank employs an expansionary monetary policy, it helps to boost the economy. This boosts the availability of money, brings down interest rates, and raises demand. It promotes economic expansion.Therefore, a prime example of expansive fiscal policy is the (B) stimulus package.
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Correct question:
Which of the following is an example of expansionary fiscal policy?
a. increase in taxes
b. stimulus package
c. increasing the money supply d. lowering interest rates
(a) Dubois Inc. has $600,000 to invest. The company is trying to decide between two alternative uses of the funds. One alternative provides $80,000 at the end of each year for 12 years, and the other is to receive a single lump-sum payment of $1,900,000 at the end of the 12 years. Which alternative should Dubois select? Assume the interest rate is constant over the entire investment.
(b) Dubois Inc. has completed the purchase of new Dell computers. The fair value of the equipment is $824,150. The purchase agreement specifies an immediate down payment of $200,000 and semiannual payments of $76,952 beginning at the end of 6 months for 5 years. What is the interest rate, to the nearest percent, used in discounting this purchase transaction?
(c) Dubois Inc. loans money to John Kruk Corporation in the amount of $800,000. Dubois accepts an 8% note due in 7 years with interest payable semiannually. After 2 years (and receipt of interest for 2 years), Dubois needs money and therefore sells the note to Chicago National Bank, which demands interest on the note of 10% compounded semiannually. What is the amount Dubois will receive on the sale of the note?
(d) Dubois Inc. wishes to accumulate $1,300,000 by December 31, 2027, to retire bonds outstanding. The company deposits $200,000 on December 31, 2017, which will earn interest at 10% compounded quarterly, to help in the retirement of this debt. In addition, the company wants to know how much should be deposited at the end of each quarter for 10 years to ensure that $1,300,000 is available at the end of 2027. (The quarterly deposits will also earn at a rate of 10%, compounded quarterly.) (Round to even dollars.)
The alternative two should be chosen in part A, the interest rate for part B is 4%, the amount receivable in part C is $765,214.4 and the annuity value of quarterly deposits is $11,320.
The interest rates were the same over the year Dubois Inc. should select the alternative 2nd where they will get a Lump-sum amount of $1,900,000 at the end of 12 years.
What are interest rates?The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate (called the principal sum).
The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.
The interest rate over a year is known as the annual interest rate.
Other interest rates are applicable over shorter time frames, such as a day or a month, but they are typically annualized.
So, the amount to be invested is: $600,000
Now, 1st alternative:
$80,000 at the end of each year for 12 years.
80,000 * 12 = $960,000
Total profit: 960,000 - 600,000 = $360,000
2nd alternative:
Lump-sum amount of $1,900,000 at the end of 12 years.
Total profit: 1,900,000 - 600,000 = $13,00,000
Therefore, the interest rates were the same over the year Dubois Inc. should select the alternative 2nd where they will get a Lump-sum amount of $1,900,000 at the end of 12 years.
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The correct question:
Dubois Inc. has $600,000 to invest. The company is trying to decide between two alternative uses of the funds. One alternative provides $80,000 at the end of each year for 12 years, and the other is to receive a single lump-sum payment of $1,900,000 at the end of the 12 years. Which alternative should Dubois select? Assume the interest rate is constant over the entire investment.
which of the following best describes the aggregate demand curve? responses it is a curve that shows the relationship between consumer spending and income. it is a curve that shows the relationship between consumer spending and income. it is a curve that shows the amount of goods and services domestic consumers will buy from domestic and foreign firms. it is a curve that shows the amount of goods and services domestic consumers will buy from domestic and foreign firms. it is a curve that shows the level of spending by consumers, businesses, the government, and the foreign sector at different price levels. it is a curve that shows the level of spending by consumers, businesses, the government, and the foreign sector at different price levels. it is a curve that shows only the level of government spending at different price levels. it is a curve that shows only the level of government spending at different price levels. it is a curve that shows the level of spending by all factors of production at different price levels.
The aggregate demand curve describes -
A curve that shows the level of spending by consumers, businesses, the government, and the foreign sector at different price levels.
A consumer is an man or woman or enterprise that purchases every other corporation's items or services. customers are crucial due to the fact they force sales; without them, groups can not live on.
The word income has a completely vast that means. It typically approach a economic go back whether received in cash or kind. The income tax branch does not make any distinction among transient and everlasting income. each the transient income or one time profits is taxable.
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