Option c changes in the price of the goods do not cause a shift in the demand curve.
The demand curve is a graphical depiction of the connection between the cost of a commodity or service and the quantity required over a specific time period. The cost will often be shown on the left vertical axis, while the quantity required will typically be shown on the horizontal axis.
While a change in a good or service's price usually results in some change in the quantity demanded, it does not cause the demand curve to shift. Instead, it causes movement along a particular demand curve.
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A difference in quantity of materials used on two comparable jobs may be caused by Oa. poor quality materials Ob. inadequately trained employees Oc. employee carelessness Od. All of these choices are correct.
Previous question
A difference in quantity of materials used on two comparable jobs may be caused by d. All of these choices are correct.
A material quantity variance is the discrepancy between the quantity of materials actually utilized and the quantity anticipated to be used throughout the production process. The measurement is used to assess how well a manufacturing process transforms raw inputs into final commodities.
A material quantity variance is typically caused by one or more of the following:
Poor raw materials quality
incorrect material stipulations
raw resources becoming obsolete
Transport damage to the business
Damage sustained while being transferred or stored inside the business
Damage sustained during manufacture
improper training of employees
inadequate materials for packaging
incorrect standards for materials
Hence, the variance is caused by all of the given.
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when determining the top most valuable global brand in 2018, three criteria were used: (1) the financial performance of the branded product, (2) the ability of the brand to draw a premium price or significantly impact the company's profits, and (3) the
The part the brand plays in swaying consumer opinion.
Define a global brand.Global branding is the management of a brand across areas where it competes with the aim of increasing its strength and awareness. International or global branding are two terms that have been used to describe this strategy.
When a brand adjusts to the preferences of consumers in a particular nation or region, it succeeds more widely. Global brands modify their marketing strategies to incorporate the language of the target audience as well as significant imagery and pictures that reflect the audience's geography and demographics. Use global branding to increase your brand's recognition among people from different countries and cultural backgrounds.
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Selena has been working at her first post-college job for almost a year when her company gives her a well deserved raise, resulting in a paycheck increase of $350 (after taxes), for a total of $700 extra in take-home pay every month. She makes a quick list of possible ways to use that money, along with relevant notes for each.
Here are some possible ways Selena could use the extra $700 in take-home pay:
1) Save for emergencies: Selena could set aside some of the extra money in a savings account to use in case of emergencies, such as unexpected car repairs or medical bills. This can help her feel more financially secure and prepared for the future.
2) Pay off debt: Selena could use the extra money to pay off any outstanding debts, such as credit card balances or student loans. This could help her reduce her monthly expenses and improve her credit score.
3) Invest in retirement: Selena could consider using some of the extra money to invest in a retirement account, such as a 401(k) or IRA. This can help her save for the future and potentially earn more money through compound interest over time.
4) Save for a big purchase: Selena could set aside some of the extra money to save up for a specific purchase, such as a down payment on a house or a new car.
5) Treat herself: Selena could use some of the extra money to treat herself to something she's been wanting, such as a vacation or a new piece of technology. This can help her feel more rewarded and motivated.
6) Donate to charity: Selena could choose to donate some of the extra money to a charitable organization or cause that is important to her. This can help her give back and make a positive impact on the world.
the inventory of royal decking consisted of five products. information about ending inventory is as follows: per unit product cost selling price a $ 40 $ 60 b 80 100 c 40 80 d 100 130 e 20 30 costs to sell consist of a sales commission equal to 10% of selling price and shipping costs equal to 5% of cost. required: what unit value should royal decking use for each of its products when applying the lower of cost or net realizable value (lcnrv) rule to units of ending inventory?
Royal decking unit value should use for each of its products when applying the lower of cost or net realizable value (LCNRV) rule to units of ending inventory is $256000.
Royal Decking
A) Per unit value for each of Royal Decking's products, applying LCNRV:
Product Cost Sales Price NRV LCNRV
A $40 $60 $44 ($60 - 12 - 4) $40
B 80 100 $72 ($100 - 20 - 8) $72
C 40 80 $60 ($80 - 16 - 4) $40
D 100 130 $84 ($130 - 26 - 10) $84
E 20 30 $22 ($30 - 6 - 2) $20
Total Inventory on the balance sheet is:
$256,000
a) Data and Calculations:
Ending Inventory on December 31, 2021:
Product Cost Sales Price NRV LCNRV Inventory value
A $40 $60 $44 ($60 - 12 - 4) $40 $40,000
B 80 100 $72 ($100 - 20 - 8) $72 $72,000
C 40 80 $60 ($80 - 16 - 4) $40 $40,000
D 100 130 $84 ($130 - 26 - 10) $84 $84,000
E 20 30 $22 ($30 - 6 - 2) $20 $20,000
Total inventory value $256 $256,000
= ($256 * 1,000)
Selling costs = 20% of selling price
Shipping costs = 10% of cost
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ATM SOFTWARE DEVELOPERS Statement of Cash Flows For the year ended December 31, 2021 Cash Flows from Operating Activities Net income Adjustments to reconcile net income to net cash flows from operating activities: Net cash flows from operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Net increase (decrease) in cash Cash at the beginning of the period Cash at the end of the period $ 2,205 7,755 $ 9,960 Listed below in random order are line items to be included in the statement of cash flows. Cash received from the sale of land (no gain or loss) Issuance of common stock Depreciation expense Increase in accounts receivable Decrease in accounts payable Issuance of long-term notes payable Purchase of equipment Decrease in inventory Decrease in prepaid rent Payment of dividends Net income Purchase of treasury stock $ 8,520 12,750 5,400 3,960 1,695 16,170 39,540 1,410 840 6,249 11,100 2,550 Cash Flows from Operating Activities Adjustments to reconcile not income to nel cash flows from operating activities Net cash flows from operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Net cash flows from operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Cash at the beginning of the period Cash at the end of the period
Cash flows statement for ATM Software Developers is:
Cash Flows from Operating Activities
Net Income $11,100
Adjustment to reconcile net income to net cash flows from operating activities
Depreciation expense 5,400
Increase in accounts receivable (3,960)
Decrease in accounts payable (1,695)
Decrease in inventory 1,410
Decrease in prepaid rent 840
Net cash flows from operating activities $13,095
Cash Flows from Investing Activities
Sale of land $8,520
Purchase of equipment (39,540)
Net cash flows from investing activities $(31,020)
Cash Flows from Financing Activities
Issuance of common stock $12,750
Issuance of long-term notes payable 16,170
Payment of dividends (6,240)
Purchase of treasury stock (2,550)
Net cash flows from financing activities $20,130
Net increase (decrease) in cash $2,205
Cash at the beginning of the period 7,755
Cash at the end of the period $9,960
Let's discuss each part of the cash flows statement.
Cash Flows from Operating Activities
In this part, depreciation expense is recorded in positive amount because the company already eliminate the amount from the asset value. Increase in accounts receivable and decrease in accounts payable are both decreasing the amount of cash recorded. Decrease in inventory recorded as positive amount with decease in prepaid rent.
Cash Flows from Investing Activities
Sales of land increases the amount of cash, meanwhile purchasing new equipment decreases the amount of company cash.
Cash Flows from Financing Activities
Issuance of common stock and long term notes payable increase the amount of cash. Meanwhile paying dividends and purchasing treasury stock decrease the amount of cash.
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factories readily employed women and children because they received higher wages and benefits. truefalse
Tasks tended to be divided for efficiency's sake which led to repetitive and monotonous work for employees.
In industries, the working environment was frequently unpleasant. The days were lengthy, with ten to twelve hours on average. Oftentimes, dangerous working circumstances resulted in tragic accidents. For the purpose of efficiency, tasks have a tendency to be separated, which results in repetitious and dull labour for employees. Workers now enjoy better pay, more acceptable hours, safer working conditions, health benefits, and assistance for retirement or injury thanks to the efforts of labour unions. The abolition of child labour was also made possible by labour unions. Uriah S. Stephens established the Knights of Labor in 1869*. The group had its headquarters in Philadelphia and initially operated as a tiny, covert working-class fraternity. However, under Terence V.'s tough direction by the late 1880s.
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With which of the following is the concept of Marginal Cost closely related?(a) Variable Cost(b) Fixed Cost(c) Opportunity cost(d) Economic Cost
(B) Variable Cost is the concept of marginal cost closely related.
What does variable cost mean?Variable costs are expenses that change depending on how much a company produces or sells. Variable costs fluctuate with production changes; they depend on an organization's sales volume, which might rise or fall.
Variable costs include, for example, the price of raw materials and packaging for a manufacturing company, the price of credit card transaction fees, and shipping for a retail business.
Depending on how well the firm is doing, these charges change. A variable cost can be defined as an alternative to a fixed cost. All of a business's expenses are made up of variable and fixed costs. Variable costs are connected with production output or sales.
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mr. leon filed a 2020 form 1040 on march 29, 2021. in 2023, the irs issued a notice of deficiency to mr. leon, in which it assessed $7,700 of additional 2020 income tax. required: compute the total amount that mr. leon owes to the federal government assuming the annual interest rate (underpayment rate) throughout the 24-month period between the required filing date and the payment date was 4 percent. ignore the effect of interest compounding. compute the total amount that mr. leon owes to the federal government assuming the irs imposed an accuracy-related penalty on the entire deficiency. compute the total amount that mr. leon owes to the federal government assuming the irs imposed a civil fraud penalty on the entire deficiency.
Calculate Mr. Leon's total federal government using the assumption that the underpayment rate (annual interest rate) for the 24-month period between the due date and the payment date was 4 percent.
What occurs if you fail to pay your income tax?An individual may incur a fine of up to 10,000 if they forget to file their ITRs. In addition, a stop or delay in completing your income tax returns subjects you to interest charges on the taxable amount you owe the government.
How much of a salary is tax deductible?Salary taxable elements: There is no single salary. It consists of a number of different elements, including base pay, gratuities, bonuses, perks, perquisites, pensions, advance on salary, leave encashment, provident fund, and housing.
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a fixed asset with a cost of $32,000 and accumulated depreciation of $28,800 is sold for $5,440. what is the amount of the gain or loss on the sale of the fixed asset? a.$2,240 gain b.$3,200 gain c.$3,200 loss d.$2,240 loss
The right response is A because the gain from selling the fixed asset was $2,240.
By "fixed assets," what do you mean?A long-term, tangible item of equipment or assets that a company owns and utilizes in its business to generate money is referred to as a fixed asset. In general, fixed assets are thought to last for at least a year before being used up, consumed, or turned into cash.
Briefing:
The amount of gain or loss on the disposal of the fixed assets is computed as:
Amount of loss or gain = (Selling Price + Accumulated depreciation) - Cost of fixed assets
where
Selling Price is $28,800
Accumulated depreciation is $5,440
Cost of fixed assets is $32,000
Putting the values above:
= ($28,800 + $5,440) - $32,000
= $34,240 - $32,000
= $1,000
It is a gain of $2,240 on disposal of the fixed assets.
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in the balance of payments, which of the following is true of the sum of the capital account balance, the current account balance, and the official reserve transactions account balance? group of answer choices this sum must always be zero, because the sum of all surplus and deficit items associated with cross-border transactions must equal zero. this sum is positive only if the u.s. government operates with a budget deficit. this sum is positive only if the u.s. government operates with a budget surplus. this sum is either positive or negative, depending on whether the sum of all surplus and deficit items associated with cross-border transactions is positive or negative.
The trade balance and the capital bank balance total are the genuine statements in the balance - of - payments.
What is the straightforward meaning of capital?A industry and its equipment, trade secrets like patent, or the pecuniary assets of a company or a person are all examples of things that provide value or advantage to their owners and fall within the wide definition of capital.
Briefing :This sum must always be zero, because the sum of all surplus and deficit items associated with cross-border transactions must equal zero.
The current, capital, and official transactions accounts must sum to zero in total, the balance of payments balances.
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when the price effect on revenue is greater than the output effect, marginal revenue is a. positive. this occurs with the 3rd unit of output. b. negative. this occurs with the 5th unit of output. c. positive. this occurs with the 4th unit of output. d. negative. this occurs with the 6th unit of output.
The marginal revenue curve of the monopolist is negative when the price effect is greater than the output effect.
The marginal revenue formula is what.The change in a company's total revenue is divided by the change in its total output quantity to determine the marginal revenue. The cost of a single extra item that was sold makes up marginal revenue. The formula for marginal revenue appears below: Change in Revenue / Change in Quantity equals Marginal Revenue.
How do marginal cost and income work?The volume of output and the price per unit of a product that will maximize profits are determined by the marginal cost of production and marginal revenue, two economic metrics.
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All of the following are needed for the calculation of straight-line depreciation except:
a. cost
b. residual value
c. estimated life
d. units produced
Units produced is not needed for the calculation of straight-line depreciation.
With straight-line depreciation, an organisation may spread the cost of a fixed asset over the time it will be used to generate value. Correct depreciation has an impact on a company's income statement, balance sheet, profitability, and net assets. Straight line depreciation is calculated by multiplying the asset's cost by its estimated salvage value divided by the asset's anticipated useful life. Where: The cost of the asset, including any associated capital expenditures, is the asset's initial purchase price or construction cost.
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selective exposure refers to a. remembering inputs that support personal feelings and beliefs and forgetting those that do not. b. admitting only certain inputs into consciousness. c. the process of selecting, organizing, and interpreting information inputs to produce meaning. d. the circumstances or conditions that exist when a consumer is making a purchase decision. e. targeting only certain parts of the total market.
Selective exposure refers to admitting only certain inputs into consciousness.
Selective exposure is a phenomenon in which people decide to concentrate on information in their environment that is consistent with and supports their present attitudes in an effort to prevent or lessen cognitive dissonance.
A psychology concept known as "selective exposure" has historically been used to describe people's propensity to favor information that supports their preexisting beliefs while avoiding information that is incongruent. It is frequently utilized in media and communication studies.
As a result, the worry or fear that is frequently associated with cognitive dissonance is lessened since it helps us avoid it. Selected exposure, though, almost never has positive outcomes.
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a licensed agent with a registered broker-dealer in a state would be permitted to engage in which of the following transactions in unregistered nonexempt securities? a) a solicited transaction in a small canadian mining company b) the sale of a preorganization certificate on which the agent receives no commission on the amount paid by the investor c) a private placement d) the sale of commercial paper with a 12-month maturity
A licensed agent with a registered broker-dealer in a state would be permitted to engage in a private placement in unregistered nonexempt securities.
According to the USA, no one may offer or sell a security in this state unless it is either (1) registered under the USA, (2) the security or transaction is exempt under the USA, (3) a federal covered security, or (4) one of the other three options. Since the private placement in question is an exempt transaction, the agent is within the bounds of the law in this situation. Because the investor paid for the shares and no payment is permitted, the sale of the preorganization certificate is not an exempt transaction even if the agent did not earn a commission.A securities that lacks an exemption based simply on its nature is said to be non-exempt. The vast majority of stocks and other securities are non-exempt. Private placements are among the exempt transactions protected by the Uniform Securities Act (USA). isolated transactions with non-issuers.Thus the correct answer is C.
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Which one of the following is the most appropriate method to measure the economic growth of a country? A. National Income B. Net national produce C. Gross Capital Formation D. Gross DOmestic Product
The best way to gauge a nation's economic development is by its gross domestic product.
What exactly is the gross domestic product?
The market worth of all the goods and services produced inside a nation's boundaries over a certain time period is measured as the Gross Domestic Product, or GDP, of that nation. GDP can be estimated quarterly in addition to annually, which is how it is often done.
For instance, the US government makes a GDP estimate available for both the entire year and each quarter. A country's GDP is sometimes seen as a scorecard for its economic health because it provides a wide evaluation of that nation's productivity.
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Which of the following is not a factor of production?A LandB LabourC CapitalD Servicing
Servicing does not enter into the production process. The four components of a production process are land, labour, capital, and organisation.
The four production elements are crucial for what reasons?Businesses can enhance production and produce things of greater quality and at lower costs if they can boost the productivity of the factors of production. Economic growth, as indicated by the GDP, results from any increase in production.
Is a resource not a factor?A element of production is not thought to be money. The factors of production include land, labour, capital, and entrepreneurship because money is only a vehicle of exchange and cannot assist an economy become more productive like other factors of production.
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which financial institution can issue loans but cannot accept deposits? finance company or insurance company
Finance company can issue loans but cannot accept deposits.
An organization that lends money to people and businesses is a finance company. A finance firm, unlike a bank, does not accept customer cash deposits and does not offer certain banking services like checking accounts.
Customers of finance businesses can borrow money from them, and their interest rates are often higher than those of banks. Finance corporations make money from this loan interest. Many consumers turn to financing companies for loans because of their low credit histories. These borrowers provide collateral to secure their loans, generally by promising to deliver important personal assets to the lender in the event that the loan is not returned.
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type the correct answer in the box. spell all words correctly. peter is planning his finances for the next couple of years. he wants to save money to eventually buy a house because he will be getting married soon. he has created a savings plan revolving around his necessary expenses, and he has set a target of three years to save up a down payment for a house. at which phase of the financial life cycle is peter in? peter is in the phase of the financial life cycle.
Peter is in the phase of the financial life cycle: the initial stage.
Finance is a term for topics concerning control, advent, and take a look at of cash and investments. It entails using credit and debt, securities, and funding to finance present-day projects and the use of future profit flows.
It refers to the corpus of budget and credit score hired in a business. commercial enterprise finance is required for purchasing assets, items, and uncooked substances and for performing all different economic sports. exactly, it's miles required for jogging all of the business operations.
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Which of the following is an example of an alliance that failed due to partner incompatibility?
Starbucks/Tata
Disney/Dreamworks
UPS/Staples
Peugeot/GM
An example of an alliance that failed due to partner incompatibility is Peugeot/GM.
What causes of partner incompatibility?A major cause of relationship incompatibility is that partners do not balance what they expect from the relationship and from each other. I analyzed that. Incompatibility refers to persistent and unresolvable disagreements or irreconcilable conflicts between spouses that make it impossible for them to continue to live together as spouses. Incompatibility means that each partner takes a position that excludes the other. For example, one person wants to have another child, but the other spouse does not. How a couple resolves these differences is very fundamental and can determine whether a relationship stands the test of time.
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crest toothpaste is advertised on network television, sold for $3.99 per tube and available at wegmans. this is a brief example of:
Crest toothpaste is advertised on network television, sold for $3.99 per tube and available at we gmans. this is a brief example of push strategy
A push promotional technique is a form of marketing in which businesses bring their goods directly to customers. With the help of trade exhibits and point-of-purchase displays, this technique aims to put the product in front of consumers directly.Push marketing, often known as push promotion, is the practice of companies bringing their goods directly to the consumer. The objective of a push marketing strategy is to "Push" products to consumers starting at the time of purchase by utilizing a variety of marketing channels or strategies.To know more about push strategy here
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g sales $ 21,810,000 variable expenses 13,741,200 contribution margin 8,068,800 fixed expenses 6,040,000 net operating income $ 2,028,800 divisional average operating assets $ 4,363,000 the company had an overall return on investment (roi) of 18.00% this year (considering all divisions). next year the office products division has an opportunity to add a new product line that would require an additional investment that would increase average operating assets by $2,350,000. the cost and revenue characteristics of the new product line per year would be: sales $ 9,396,500 variable expenses 65% of sales fixed expenses $ 2,564,875
Next year the Office Products Division has an opportunity to add a new product line that would require an additional investment that would increase average operating assets by $2,262,500.
By a product, what do you mean?The thing being sold is called a "product." An item or service can be considered a product. Physical, virtual, or cyberspace forms are all possible. Every good has a price because it costs money to produce it. The market, quality, marketing, and intended market group all affect the price that can be paid.
What is an example of a product?Anything you offer to fulfill a customer's need or desire is a product. They could be real or imaginary. A physical product can be either durable (such as vehicles, furniture, or computers) or nondurable (like food and beverages).
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a hotel has 147 rooms. the housekeeping staff is able to clean 7 rooms per employee. the average employee is paid $100 per day. the hotel is expecting to be operating at full capacity for the coming weekend. how many employees will it need per weekend day?
The hotel will need 21 employees per weekend day. An individual who performs work for another party in exchange for payment is called an employee.
The specifics of an employee arrangement are crucial since whether someone qualifies as an employee will determine whether payroll taxes are applicable and who is responsible for paying them.
Even though the individual has a significant amount of freedom of action, they are still considered to be an employee under common-law principles if you have the authority to direct what will be done and how it will be done. Any individual who satisfies these requirements is regarded as an employee, regardless of any other factors.
In the given question,
Number of employees needed per weekend day
= No of rooms in the hotel/Rooms that can be cleaned per employee
= 147/7
= 21 employees
Therefore, 21 employees will be needed per weekend day.
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hank was in the hospital last month for 2 days for which he received a check for $200. this month hank was in the hospital for 5 days for which he received a check for $500. these checks are most likely:
These checks are most likely to give Benefit payments from a Hospital Income or Indemnity Policy.
Income is the intake and saving possibility won with the aid of an entity inside a certain time frame, that's typically expressed in monetary phrases. Income is tough to outline conceptually and the definition may be exclusive throughout fields.
Possible income includes compensation from some of the assets, consisting of salaries, wages, and bonuses obtained from employment or self-employment, dividends, and distributions obtained from investments, rental receipts from actual estate investments, and earnings sharing from companies.
A few common types of income are earnings, leases, capital profits, commercial enterprise profits, and profits from different assets.
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when would a variance be labeled as unfavorable? a. when actual sales are equal to expected sales. b. when standard costs are more than actual costs. c. when expected sales are less than actual sales. d. none of these answers are correct.
When it comes to variances, it is untrue to argue that a positive b. A variance occurs when predicted sales exceed actual sales.
The discrepancy between a planned expenditure and the actual expenditure. Possibly favourable or unfavourable. Relates to both revenues and expenses. When variations are applied to revenue, a favourable variance would be one where the company had more sales than anticipated and the budgeted sales were less than the actual sales. Conclusion: If predicted sales are higher than actual sales, it is inaccurate to conclude that variance is favourable. In a normal cost system, all unfavourable variations are debited when recording variances. This is because, as should be mentioned, negative variances merely indicate that there are too many manufacturing expenses, which will result in a decline in operating income. All adverse variances are therefore credited.
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determine the payback period for an investment. evaluate the acceptability of an investment project using the net present value method. evaluate the acceptability of an investment project using the internal rate of return method. compute the simple rate of return for an investment.
An investment is an asset or object received with the aim of producing earnings or appreciation. Appreciation refers to a boom in the value of an asset over the years.
That in shape is loose cash and a guaranteed go-back on your funding. you could start with as low as 1% of each paycheck, though it is an excellent idea to intention for contributing at least as a great deal as your business enterprise match. for instance, a not-unusual matching association is 50% of the first 6% of the profits you contribute.
Investors are understandably cautious. record-high inflation and back-to-back interest rate increases have all triggered volatility. The S&P 500 briefly fell into a undergo market on May 20, again on June 13, and for a 3rd time in September. however, all of that also shouldn't mean sitting out of the marketplace.
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which statement reflects the most probable impact on the prime interest rate of a change in the federal funds rate? the prime rate will move closer to the federal funds rate if the federal funds rate rises, and farther from it if the federal funds rate falls. the prime rate will move in the same direction as the federal funds rate. the prime rate will move in the opposite direction as the federal funds rate. the prime rate will move farther from the federal funds rate if the federal funds rate rises, and closer to it if the federal funds rate falls.
The statement reflects the most probable impact on the prime interest rate of a change in the federal funds rate is the prime rate will move in the opposite direction as the federal funds rate.
The Federal Open Markets Committee (FOMC) sets the federal funds fee—also called the federal finances goal charge or the fed price range price—to manual overnight lending amongst U.S. banks. it's set as a variety among higher and decreased restrictions.
The federal price range rate is currently 3. seventy five% to four%. The Federal Reserve raised the goal variety for the federal budget price from 75bps to three.seventy-five%-four% at some point of its November 2022 meeting, marking a sixth consecutive fee hike and the fourth directly three-quarter factor increase, pushing borrowing fees to a brand new high on account that 2008.
The federal finance price is the target interest price set through the FOMC. this is the fee at which commercial banks borrow and lend their extra reserves to every different in a single day. The federal price range fee can impact brief-time period prices on customer loans and credit cards.
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Prepare the September 1 journal entry for Vicario by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.
Debit Cash 100,000
Credit Note Payable 100,000
(to record 90-day note borrowing from First National Bank), this would be journal entry for Vicario
Explain the above journal entry.
The double-entry bookkeeping system of accounting is the primary foundation for the journal entry format, which ensures that the debit side and credit side are always equal.
Since the Cash account is an asset account, it should be reported up $100,000 as of September 1 to represent Vicario Inc.'s receipt of the $100,000 in cash from First National Bank through borrowing.
The offsetting Credit entry will be made to represent the obligation of $100,000 payable to the Bank in the Note Payable account, which is a liability account.
No entry is required to record interest expenditure as of 1 September, the first day of taking on the loan, because no interest charges have been incurred.
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How do you access the Power Query interface? O Select Data - Power Query. O Open the Queries & Connection panel, then right click on a query and select edit. Select File - Open - Power Query O Select Data - Get Data - Power Query What is one way to document your work within Power Query? Create a document with your steps in Word. Let Power Query automatically document. Rename the steps to be more descriptive. There is no need to document because it is a waste of time. Why would you want to rename the queries or column headings? It allows you to document your work in Power Query It allows you to provide names that confuse users. So that you can make them longer names because it is easier to have long field names in Excel. It makes the names easier to read in Excel.
Choose Data using Power Query, The right answer to those queries is to rename the stages to make them more descriptive since it makes them simpler to understand in Excel.
What does a database query mean?A question might ask your data for results obtained, a specified action to be taken with the facts, or both. A request can add, alter, or remove data from a database, conduct computations, integrate data from other databases, and answer simple questions.
What exactly is a query type?According to common opinion, there really are three sorts of search queries: queries for navigational search. searches for informational searches. transactions-related search terms.
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he type of account and normal balance of Petty Cash is a(n) O a. expense, debit o b. asset, debit c. revenue, credit O d. liability, credit
The type of account and normal balance of Petty Cash is an asset and debit. The answer is option B.
What is Petty Cash?Petty cash is a small amount of cash which is kept on the company premises to pay for minor cash needs. Examples of these payments are office supplies, cards, etc. Petty cash is stored in a petty cash drawer or box near where it is most needed.
Petty cash refers specifically to money, literally, coins and bills, which a company keeps on hand for small outlays, generally because using cash is easier than using a check or credit card.
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A registered person of a broker-dealer is considering supplementing his income by working part-time at a local convenience store. To do this, the individual:
A) Can simply start the job without any notifying his employer
B) Must notify FINRA of the employment
C) Must provide written notification to his employer
D) Must receive written permission from his employer before beginning the job
A registered individual of a broker-supplier is thinking about supplementing his profits with the aid of using running part-time at a nearby comfort store. To do this, the individual: Must offer written notification to his employer.
The required details for Income in given paragraph
Income refers back to the cash that someone or entity gets in alternate for his or her exertions or products. Income may also have extraordinary definitions relying at the context—for example, taxation, economic accounting, or monetary analysis. For maximum people, profits method their general income within side the shape of wages and salaries, the go back on their investments, pension distributions, and different receipts. Economists have extraordinary definitions and methods of measuring profits. Whether their research contain income, savings, consumption, production, public finance, capital investment, or different associated subjects and subtopics, their idea of profits will correspond to the cause in their research.
While the degree of profits on a macro stage is essential to societal and coverage research, people are greater targeted on their private and enterprise profits.
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