D: 'all of the statements associated with this question are correct' because all the given options represent the basic features of a perfectly competitive industry.
In economic theory, a case of a perfectly competitive industry arises when all firms sell identical products and goods, market share does not influence price, firms are able to enter and exit without any barriers, buyers and sellers have perfect or full information, and there are no transaction costs. In a perfectly competitive industry, an enterprise can sell as large a quantity as it wishes, as long as it accepts the prevailing market price. If an enterprise increases the number of units sold at a certain price, then total revenue will increase. If the price of the good increases for every unit sold, then total revenue will also increase.
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Golden Corp.'s current year income statement, comparative balance sheets, and additional information follow. For the year, (1) all sales are credit sales, (2) all credits to Accounts Receivable reflect cash receipts from customers, (3) all purchases of inventory are on credit, (4) all debits to Accounts Payable reflect cash payments for inventory, (5) Other Expenses are all cash expenses, and (6) any change in Income Taxes Payable reflects the accrual and cash payment of taxes. GOLDEN CORPORATION Comparative Balance Sheets December 31 Current Year Prior Year $ 172,000 95,000 613,000 880,000 356,500 (162,000) $1,074,500 $ 115,800 79,000 534,000 728,800 307,000 (108,000) $ 927,800 Assets Cash Accounts receivable Inventory Total current assets Equipment Accum. depreciation-Equipment Total assets Liabilities and Equity Accounts payable Income taxes payable Total current liabilities Equity Common stock, $2 par value Paid-in capital in excess of par value, common stock Retained earnings Total liabilities and equity $ $ 103,000 36,000 139,000 79,000 29,100 108, 100 601,600 210,400 123,500 $1,074,500 576,000 172,000 71,700 $ 927,800 GOLDEN CORPORATION Income Statement For Current Year Ended December 31 Sales $1,832,000 Cost of goods sold 1,094,000 Gross profit 738,000 Operating expenses Depreciation expense $ 54,000 Other expenses 502,000 556,000 Income before taxes 182,000 Income taxes expense 33,200 Net income $ 148,800 Additional Information on Current Year Transactions Additional Information on Current Year Transactions a. Purchased equipment for $49,500 cash. b. Issued 12,800 shares of common stock for $5 cash per share. c. Declared and paid $97,000 in cash dividends. Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operations: Cash flows from investing activities Cash flows from financing activities: Net increase (decrease) in cash Cash balance at December 31, prior year Cash balance at December 31, current year 0
The cash balance on December 31, the previous year, was $115,800.
The current year's cash balance is $172,000 as of December 31.
What is a cash balance?The sum of money that a business has on hand at the moment is called its cash balance. This cash is held in reserve to cover any unforeseen cash outflows. Without this financial safety net, companies might find themselves unable to cover their expenses.How is it calculated?Cash Flow Statement for the Year Ended December 31
Cash flows from operating activities
Net Income $148,800
Adjustments to balance net income with net operating cash flow.
Accounts receivable increase -16,000
Inventory increase -79,000
Accounts payable increase 24,000
Income taxes payable increase 6,900
Depreciation expense 54,000
Net cash provided by operating
activities 138700
Cash flows from investing activities:
Cash paid for equipment -49,500
Net cash used in investing activities -49500
Cash flows from financing activities:
Cash received from stock issuance 64,000
Cash paid for cash dividends -97,000
Net cash used in financing activities -33000
Net increase (decrease) in cash 56200
Cash balance at December 31,prior year 115,800
Cash balance at December 31,current year 172000
The cash balance on December 31, the previous year, was $115,800.
The current year's cash balance is $172,000 as of December 31.
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A company hired a psychologist to assist their employees in their personal problems. The psychologist kept 1 Ale for each person they helped. Eight (8) employees sought out help for drug-related problems. Fifteen (15) employee needed help for family crisis problems. And twenty-two
(22)
employees needed help for miscellaneous. reasons. The numbers are summarized below. A. If one of the files is selected at random, what is the probability that it would involve a drug-related case? Interpret this probability. 8. If one of the files is selected at random, what is the probability that it would involve a miscellaneous case? Interpret this probability. C. If one of the files is selected at random, what is the probability that it would involve a drug-related case or a family crisis case? Interpret this probability.
The probability that it would involve a miscellaneous case is 48%
The term probability refers the possible way of occurring the particular event.
Here we have given that A company hired a psychologist to assist their employees in their personal problems. The psychologist kept 1 Ale for each person they helped. Eight (8) employees sought out help for drug-related problems. Fifteen (15) employee needed help for family crisis problems. And twenty-two(22)employees needed help for miscellaneous.
And we need to find the probability that it would involve a miscellaneous case.
While we looking into the given question, we know the following values,
There are Eight (8) employees sought out help for drug-related problems.
There are Fifteen (15) employee needed help for family crisis problems.
There are Twenty-two(22) employees needed help for miscellaneous. reasons.
Then the total number of files under study is
=> 8+15+22=45 A.
Here we need to find out of 45 files, there are 22 involve a miscellaneous problems,
Therefore, the required probability is P
=> 22/45
=> 0.48
When we convert it into percentage then we get,
=> 48%
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consider the following information about a small project: task duration estimates immediate predecessors a 4 days none b 5 days a c 2 days b d 2 days a e 1 day b
Consider the following information about a small project: task duration estimates immediate predecessors a 4 days none b 5 days a
Understanding the planned activities that make up the project and the anticipated unit of time or length needed to start and conclude each individual activity is the first step in determining the critical path and anticipated task duration of a project. A network diagram that displays the planned order for completing the individual tasks, situations when the order necessitates a certain sequence, and times when an activity depends on another for the completion of a different task, is frequently used to sequence the scheduled activities. The critical path of a project is determined by the longest chain of interdependent operations. The series of tasks represented by the critical path typically won't have any float. Alternatively put, any delays in finishing the key route tasks will make the project
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Income Statement with Variances Alvarado Company produces a product that requires 3.0 standard pounds per unit at a standard price of $6.00 per pound. The company used 23,900 pounds to produce 8,000 units, which were purchased at $6.20 per pound. Each unit requires 7.5 standard direct labor hours per unit at a standard hourly rate of $22.50 per hour. For the 8,000 units produced, 60,200 hours were needed and employees were paid an hourly rate of $21.95 per hour. The company uses a standard variable overhead cost per unit of $1.45 per direct labor hour. Actual variable factory overhead was $85,900. The company uses a standard fixed overhead cost per unit of $2.00 per direct labor hour at 55,000 hours, which is 100% of normal capacity. Prepare an income statement through gross profit for Alvarado Company for the month ended March 31. Assume Alvarado sold 8,000 units at $250 per unit. For those boxes in which you must enter subtractive or negative numbers use a minus sign. If an amount box does not require an entry, leave it blank. Alvarado Company Income Statement Through Gross Profit For the Month Ended March 31
The preparation of an income statement through gross profit for Alvarado Company for the month ended March 31 is as follows:
Alvarado Company
Income Statement Through Gross ProfitFor the Month Ended March 31
Sales $2,000,000
Cost of goods sold at standard 1,701,000
Gross profit-at standard $299,000
Variances from standard cost:
Direct materials price $4,780 Favorable
Direct materials quantity -600 Unfavorable
Direct labor rate 33,110 Favorable
Direct labor time -4,500 Unfavorable
Factory overhead controllable -1,100 Unfavorable
Factory overhead volume -10,000 Unfavorable
Net variances from standard costs = $21,690 Favorable
Actual gross profit = $320,690
What is cost variance?Cost variance is the difference computed after subtracting the budgeted cost from the actual cost. It is made up of the price variance and quantity variance.
The cost variance is favorable when the budgeted or standard cost is more than the actual cost, and vice versa.
Standard Actual
Pounds per unit 3.0 2.9875 (23,900/8,000)
Direct Materials 24,000 23,900 pounds
Material price per pound $6.00 $6.20
Direct materials cost $144,000 $148,180
Direct labor hours per unit 7.5 7.525 (60,200 ÷ 8,000)
Hourly rate $22.50 $21.95
Variable overhead cost $1.45 $1.4269 ($85,900 ÷ 60,200)
Total variable overhead $87,290 $85,900
Fixed overhead cost $2.00
Fixed overhead direct hours 55,000 60,200
Total fixed overhead costs $110,000 $
Sales revenue = $2,000,000 ($250 x 8,000)
Variances from standard cost:Direct materials price $4,780 ($6.00 - $6.20 x 23,900)
Direct materials quantity -600 (24,000 - 23,900 x $6)
Direct labor rate 33,110 ($22.50 - $21.95 x 60,200)
Direct labor time -4,500 [(60,000 - 60,200) x $22.50]
Factory overhead controllable -1,100 ($1.45 x 60,000 - $85,900)
Factory overhead volume -10,000 [(55,000 - 60,000) x $2]
Net variances from standard costs = $21,690
Gross profit = $320,690 ($299,000 + $21,690)
Cost of goods sold:Direct materials $144,000 ($6.00 x 24,000)
Direct labor 1,350,000 ($22.50 x 60,000)
Variable overhead 87,000 (60,000 x $1,45)
Fixed overhead 120,000 (60,000 x $2)
Cost of goods sold $1,701,000
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g suppose you run a flower delivery business and employ college students to drive the vans and make deliveries. you are considering hiring an additional worker. which of the following information would you need to know to decide whether doing so would increase or decrease your profit?
The following information would you need to know to decide whether doing so would increase or decrease your profit.
- the additional cost of another worker
- the number of additional deliveries from another worker
- the value of each additional delivery
In accounting, profit is income distributed to the owner in a profitable market production process (business). Profit is a measure of profitability, which is the main concern of the owner in the process of generating income from market production. Several measures of profit are commonly used.
Income generation in market production is always a balance between income generation and income distribution. The generated income is always distributed among the entities participating in the production as an economic value within the monitored period. Profit is the share of income generation that the owner can keep for himself in the process of the income distribution. Profit is one of the main sources of economic well-being because it means income and opportunities to develop production. The words "income", "profit" and "earnings" are synonymous in this context.
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The cumulative effect of a change in accounting principle is reported:
A. on the income statement as an extraordinary item.
B. on the income statement as part of discontinued operations.
C. on the retained earnings statement as an adjustment to the beginning balance of the current year.
D. on the retained earnings statement as an adjustment to the beginning balance of the earliest year presented.
D The cumulative effect of a change in accounting principle is reported as an adjustment to beginning retained earnings of the earliest year presented.
The cumulative effect of change in the accounting principle is reported on income statement as part of the discontinued operations.
What is an income statement?An income statement or profit and loss account, also referred to as a profit and loss statement (P&L), revenue assertion, statement of financial performance, earnings statement, assertion of earnings, operating statement, or declaration of operations, is a type of company's financial statements which provides specific information about the company's income and expenses for a given time period. It provides information on how revenues are converted into net income or net profit. The purpose of the income statement is to show management and shareholders whether the company made money (profit) or lost money (loss) during the reporting period. An income statement can be used to visualize a timeframe. This captures a moment in time as opposed to the balance sheet, which represents a single moment in time.
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The objective of a(n) _____ is to create a new capability for the asset, but not necessarily extend its useful life.
The objective of a rearrangement is to create a new capability for the asset, but not necessarily extend its useful life.
Which five intangible assets are there?Goodwill, brand equity, intellectual properties (trade secrets, patents, trademarks, and copyrights), licensing, customer lists, and R&D are the key categories of intangible assets. Intangible asset values are typically not disclosed on the balance sheet.
What tangible examples are there?You can touch something that is actually tangible. Both a rock and a damaged window are palpable; if the rock is laying close to the window, it may be visible proof of vandalism. When we remark that a room's tension is "palpable," we imply that we can almost physically feel it there.
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The immigration issue has been a complex one for parties and politicians, partially because immigrants are a critical part of the state economy in the following ways.
Correct Answer(s)
Immigrants spend on goods and services.
Immigrants own businesses.
Immigrants make up more than one-fifth of the state workforce.
Immigrants make up large portions of important labor sectors.
Immigrants are an important source of tax revenue.
Incorrect Answer(s)
Immigrants take American jobs.
Immigrants significantly drain state tax dollars.
The ways that immigrants are critical to the state economy are that :
Immigrants spend on goods and services .Immigrants own businesses .Immigrants make up large portions of important labor sectors .Immigrants are an important source of tax revenue .Immigrants make up more than one-fifth of the state workforce .How important are immigrants ?Immigrants are very important to the economy of the United States for many different reasons . They spend on goods and services in the United States which leads to economic growth , and they have businesses which employ Americans .
They also make up such a large portion of the important labor sectors in the economy that they are one - fifth of the workforce in the United States . This means that they are also a huge source of tax revenue for government services .
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which of the following lists forms of economic integration in order from the lowest level of economic integration to the highest?
It is as follows: free trade, customs union, common market, economic union, political union.
What is free trade?A strategy wherein a government refrains from discriminating against imports or interfering with exports by enforcing taxes or subsidies (on imports) (to exports). However, a free-trade policy does not automatically entail that a nation gives up all control and taxes over imports and exports.
The foundation of the theoretical case for free trade is Adam Smith's claim that the specialization, increased efficiency, and increased aggregate production that result from the division of labor across nations. (Learn about comparative advantage.) A single nation may see practical benefits in trade restrictions, especially if it is the primary buyer or seller of a specific item. In reality, however, only a small portion of the population could benefit from the preservation of local enterprises.
What are taxes?Taxes are compulsory payments made by a government organization, whether local, regional, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, such as Social Security and Medicare as well as public infrastructure and services like roads and schools.
Taxes are borne by whoever bears the cost of the tax in economics, whether this is the entity being taxed, such as a business, or the final users of the items produced by the firm. Taxes should be taken into consideration from an accounting standpoint, including payroll taxes, federal and state income taxes, and sales taxes.
It is as follows: free trade, customs union, common market, economic union, political union.
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Which of the following activity bases would be the most appropriate for gasoline costs of a delivery service?
a) Number of packages picked up.
b) How many trucks are in service.
c) Total of miles driven.
d) Number of truck drivers.
Total miles driven activity bases would be the most appropriate for gasoline costs of a delivery service.
What is a base of activities?
A measurable activity is referred to as an "activity base" when allocating overhead expenses. For instance, using the number of machine hours used during a reporting period as the basis for allocating machine costs to the number of units produced is a fair activity. A variable cost's origin is measured by something called an activity base. Direct labour hours, machine hours, units produced, and the most typical activity, units sold, are occasionally referred to as cost drivers.
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Successful apps such as Groupon have increased sales of several low-profile restaurants. This is due to the use of:
A. coupons
B. packages
C. premiums
D. samples
Successful apps such as Groupon have increased sales of several low-profile restaurants. This is due to the use of coupons.
A coupon or coupon payment is the annual interest paid on a bond, expressed as a percentage of its face value, from the date of issue to maturity.
Few of the slang hunters that regularly come out of the Glaswegian tongue find the word 'voucher' instead of 'face'.
There are two types of coupons: manufacturer coupons and store coupons. Below are two examples of his coupons for the same product, but one from the manufacturer and one from the store.
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Which of these skill levels deals with the meanings of the words people use to exchange information about a subject?
Information exchange or data sharing way that people or different entities bypass facts from one to any other. this could be done electronically or through sure structures.
The act of people, agencies, and agencies passing records from one to some other, in particular electronically, or a device that permits them to do that: The authorities said that it became prepared to crack down on tax evasion in the ecu via a device of facts trade.
The trade of facts upon request refers to the change of facts among tax authorities in addition to a request for administrative assistance. the basis is shaped with the aid of bilateral agreements and the administrative assistance conference.
Information sharing is critical to safeguarding and selling the welfare of youngsters, young human beings and adults. The choices about how plenty facts to share, with whom and while, may have a profound effect on people' lives. it could ensure that an person receives the proper offerings at the proper time.
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andshark, inc. 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 $. due to section 291 depreciation recapture, $ will be taxed as ordinary income and $ will be section 1231 gain.
Landshark, Inc. 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. Due to Section 291 depreciation recapture, $ $8,000 will be taxed as ordinary income, and $ $112,000 will be Section 1231 gain.
Warehouse and the storage of goods play an important function within the logistics delivery chain across the world. not handiest do warehouses offer secure and cozy storage around the clock, additionally, they allow you to have your goods saved in a single central vicinity, which makes planning and establishing your logistics that lot easier.
Completes shipments with the aid of processing and loading orders. Prepares orders by means of processing requests and delivering orders; pulling materials; packing bins; setting orders in transport place. Completes deliveries by riding a truck or van to and from vendors.
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When inflation equals the value determined by past expectations and pricing decisions and output equals the level of short-run equilibrium output consistent with that inflation, the economy is said to be in ____ equilibrium.short-run
long-run
potential
full-employment
When inflation equals the value determined by past expectations and pricing decisions and output equals the level of short-run equilibrium output...inflation the economy is said to be in short-run equilibrium.
What are the causes of inflation?Although it may appear through other economic processes, the main driver of inflation is an increase in the money supply. The following options are available to monetary authorities to increase a country's money supply :
Printing extra money to distribute to the publicDevaluing (decreasing) the value of the lawful tender moneyby purchasing government bonds from banks on the secondary market, one can create reserve account credits for new loans through the banking system.All of these circumstances lead to a decrease in the money's purchasing power. There are three different sorts of mechanisms that cause inflation as a result : built-in inflation, cost-push inflation, and demand-pull inflation.
So, option (a) can be regarded as suitable.
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When you are engaged in distributive bargaining, research consistently shows one of the best things you can do is make the first offer.
Indicate whether the statement is true or false.
True, When you are engaged in distributive bargaining, research consistently shows one of the best things you can do is make the first offer.
What is bargaining?In social sciences, bargaining is a type of negotiation in which a buyer and seller of goods or services discuss the price or nature of the transaction. If the terms are agreed upon as a result of the bargaining, the deal is made. There are three main categories of bargaining issues: mandatory, permissible and illegal. Wages, health and safety, management rights, working conditions and benefits fall into the mandatory categories. In its simplest definition, "bargaining" is a socioeconomic phenomenon involving two parties who can work together to create a mutually desirable value, and which the parties dispute over the distributive of that value. . Examples of such situations are collective bargaining in unions and negotiating wage increases by company directors, disputes between two communities over the division of common territories, or terms for two countries to agree on nuclear disarmament.To learn more about bargaining from the given link :
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a new documentation project is just getting started by a writing team. the client for the team's most recent project complained that the finished product frequently switched between active and passive voice and that the heading designs lacked visual coherence. which of the following is the best strategy the team can use to prevent these issues on the current project?
To prevent the issues such as frequent switching between active and passive voice, lack of visual coherence in the heading designs, the writer team can create a style sheet on the current project.
Visual coherence is the compatibility and synced composition in a test or any project where the elements are bound together in a similar manner of color, shape, image, lines of sight, theme, etc. Being coherent in simple terms can be called as being well-planned.
A style sheet can be defined as the mini-guidebook personally designed for a specific project or book that describes about the complete choices for how the book should be written and designed. It includes the writing format, choice of colors, font size, etc.
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suppose that a fall in government purchases causes a recession. on the following graph, shift one or both curves to reflect the short-run effect of the fall in government purchases.
If we talk about Short run then- An enlarge in authorities purchases boosts aggregate demand from AD 1 to AD two Short-run equilibrium is at the intersection of AD two and the short-run aggregate furnish curve SRAS 1.
What takes place when the authorities increases purchases?According to this theory, government spending boosts demand in two ways.
First, the authorities directly boosts demand by way of purchasing goods, such as the metal wanted to build a bridge. Secondly, it puts cash in the pockets of each employees and suppliers, who then spend it on goods and services.The charge degree rises to P 2 and real GDP rises to Y 2 In contrast, a discount in government purchases would decrease mixture demand.
Increased government spending is possibly to motive a upward jab in aggregate demand (AD). This can lead to greater growth in the short-term. It can also potentially lead to inflation.Learn more about short-run effect, here:
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a-1 athletic shoes has wide variety in its product line. a firm with a wide product variety will find it? A.difficult to achieve shorter product runs. A.difficult to reduce its unit costs. C.easy to reach optimum production efficiency. C.easy to realize economies of scale
"Difficult to cut its costs," is the right selection for the correct response. Given its enormous variation, it will be exceedingly challenging to lower its per-unit cost.
The decentralization of production would be the best choice for ?
Sudser Technology is a manufacturer of tools and machinery for the industrial sector that meet basic requirements. Decentralized production, which gives lower tier workers more autonomy, really boosts motivation and innovation, according to a Harvard University research. The demand for highly personalised products in today's fiercely competitive global market is forcing businesses to reconsider their manufacturing techniques. Companies of all sizes can adapt to prosper as a result of the development of new manufacturing technology, and the choice made by some to move from centralised production to decentralised facilities is essential to that success.
No matter how businesses expand and change their supply chain, cloud-based ERP systems are available to ease the move.
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in comparison to investment portfolios comprised entirely of corporate stocks and bonds, portfolios which include some form of real estate investment tend to offer higher returns for the same level of risk.
True, in comparison to investment portfolios comprised entirely of corporate stocks and bonds, portfolios which include some form of real estate investment tend to offer higher returns for the same level of risk.
What is investment ?An investment refers to an asset purchased for income appreciation. Valuation refers to the increase in value of an asset over time. When a person purchases a commodity as an investment, the intention is not to consume the commodity, but to use it to create wealth in the future. He one of the best ways for beginners to learn how to invest in stocks is to deposit money into an online investment account. This account can be used to invest in stocks and equity funds. Many brokerage accounts allow you to start investing with as little as one share. Investing is an effective way to invest money and potentially build wealth. With smart investments, investment may decrease inflation and increase in value. The huge growth potential of an investment is largely due to the power of compound interest and the risk/return trade-off.To learn more about investment from the given link:
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Question:
T or F? In comparison to portfolios comprised entirely of corporate stocks and bonds, investment portfolios which include some form of real estate investment tend to offer lower levels of risk for equivalent returns.
Expansionary monetary policy can have immediate real short-run effects; initially, no prices have adjusted. But as prices adjust in the long run:a. the real impact of monetary policy is multiplied.b. the real impact of monetary policy is unknown.c. the real impact of monetary policy is cut in half.d. the real impact of monetary policy is negative.e. the real impact of monetary policy dissipates completely.
Expansionary monetary policy can have immediate real short-run effects; initially, no prices have adjusted. But as prices adjust in the long run, the real impact of monetary policy dissipates completely. The Option E is correct.
What is achieved with an expansionary monetary policy?An expansionary monetary policy is also known as a loose monetary policy, which helps to increases the supply of money and credit to generate economic growth. A central bank usually deploy an expansionist monetary policy to reduce the unemployment and boost growth during hard economic times.
Generally, the Federal Reserve has 3 expansionary monetary policy methods including lowering interest rates, decreasing banks' reserve requirements and buying of government securities.
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Writing Assignment #2: Starting a Small Business
___enable individual employees to choose the benefits that are best suited to their particular needs.
Cafeteria plans enable individual employees to choose the benefits that are best suited to their particular needs.
Individual employees is defined as employment in the general workforce where the employee interacts with the public to the same extent as people without disabilities doing the same job, is paid at or above the minimum wage, but not less than the standard wage and level of benefits provided by the employer for the same or similar work done by people without disabilities. A self-employed person doesn't have a single job that provides a steady paycheck. Self-employed people, often known as independent contractors, make money by directly contracting with a trade or business. Most of the time, the payer does not deduct taxes, thus the self-employed person is now responsible for doing so.
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Use the Best-First Search with Branch-and-Bound Pruning algorithm for the 0–1 Knapsack problem to maximize the profit for the following problem instance. Show the actions step by step. i P 1 $20 2 10 2 $30 5 6 3 $35 75 4 $12 3 4 5 $3 13
Use the Best-First Search with Branch-and-Bound Pruning algorithm for the 0–1 Knapsack problem to maximize the profit =[tex]18.167[/tex]
(n)no of objects =5 Total capacity(W)=13 Profits(Pi)=(p1,p2,p3,p4,p5)=(20,30,35,12,3)$ Weights(Wi)=(w1,w2,w3,w4,w5)=(2,5,7,3,1)
profit = Total revenue – Total cost.
=Price*output-tc
[tex]= (20,30,35,12,3)/(2,5,7,3,1) -13=18.167[/tex]
Profit maximization in economics refers to the short- or long-term process by which a firm chooses the prices, input levels, and output levels that will result in the largest feasible total profit. The firm is considered to be a "rational agent" that aims to maximize its total profit, which is the difference between its total income and its total cost, Since the companies lack the trustworthy information required to establish costs at all levels of production, measuring total cost and total revenue is frequently impossible. Instead, they adopt a more pragmatic approach by looking at how minor adjustments to output affect profits and expenses.
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A tank with a rectangular base and rectangular sides is open at the top. It is to be constructed so that its width is 4 meters and its volume is 36 cubic meters. If building the tank costs $10/sq. m. for the base and $5/sq. m. for the sides, what is the cost of the least expensive tank, and what are its dimensions of such a tank?
Its dimensions of such a tank=L*B*H=[tex]4*5*10=200[/tex]
Total cost=[tex]720 *10=$7200[/tex]
Base area Ab = w x
=4*36=144[tex]=4*36=144[/tex][tex]=4*36=144[/tex]
side area=$5/sq. m.
{eq}A_s=...144*5 =720 sq. m.
If building the tank costs $10/sq. m
Then total cost=[tex]720 *10=$7200[/tex]
its dimensions of such a tank=L*B*H=[tex]4*5*10=200[/tex]
In mathematics, a dimension is the length or width of an area, region, or space in one direction. It is just the measurement of an object's length, width, and height. Length is a common way to convey dimensions.
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Kesha, a sole proprietor, is engaged in a cash basis service business. In the current year, she incorporates the business to form Kiwi Corporation. She transfers assets with the basis of $500,000 (fair market value of $1.2 million), a bank loan of $450,000 (which Kiwi assumes), and $80,000 in trade payables in return for all of Kiwi’s stock. What are the tax consequences of the incorporation of the business?
Kesha would have a taxable profit of $450,000.
A business is defined as an employer or enterprising entity engaged in business, commercial, or expert activities. Businesses may be for-income entities or non-earnings companies.
Business plays an important position in our lives. First, they devise goods and offerings to satisfy our needs and wants. They also recruit families as exertions and provide them with reimbursement, consisting of wages, salaries, and advantages. For this reason, it turns into a supply in their profits, which can be used to preserve their existence.
The maximum common types of business are sole proprietorship, partnership, company, and corporation.
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the transaction cannot succeed due to error: execution reverted: meerkatv3router: insufficient output amount.
Try once more later after refreshing your page. Consider exchanging a smaller amount at once. Increase your tolerance for slippage: On the liquidity page, click the setting icon. Try again after increasing your tolerance for slippage a little. Last but not least, try entering a figure with fewer decimal places.
Slippage is the difference between an order's anticipated price and the price at which it is actually executed. Slippage can happen at any time, but it is most common when market orders are employed and there is greater volatility. Slippage in futures contracts and other financial instruments refers to the discrepancy between the entry and exit points for a trade that were indicated by a computer and those that were actually executed by clients using real funds. Frictional costs, market impact, and liquidity all may play a role. Slippage can be lessened through algorithmic trading, and its impacts can be evaluated using historical data, but it is hard to do so completely.
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Accountant Alan Wingspan has just finished working on the balance sheet, income statement, and statement of cash flows for his company. The next step in the accounting cycle will involve: (Points : 6) posting the results of these statements to the appropriate journal. analyzing the firm's financial statements to evaluate the financial condition of the firm. conducting forensic tests of the data to ensure its accuracy. placing the data used to construct the statements into an archive known as a data warehouse.
Accountant Alan Wingspan has just finished working on the balance sheet, income statement, and statement of cash flows. The next step in the accounting cycle will involve preparing the balance sheet and other important financial statements of the store.
What is accounting cycle?
The accounting cycle is a comprehensive procedure for locating, evaluating, and documenting a company's accounting events. The usual 8-step process starts when a transaction takes place and concludes with its inclusion in the financial statements.
The recording of journal entries, publishing to the general ledger, determining trial balances, making adjusting entries, and producing financial statements are the essential phases in the eight-step accounting cycle. A systematic set of guidelines known as the accounting cycle is used to guarantee the accuracy and consistency of financial accounts.
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"A system of performance measures, including nonfinancial measures, used to assess company and division manager performance is:_______. Multiple Choice
Hurdle rate.
Return on investment
Balanced Scorecard.
Residual income
Investment turnover"
Answer:
it is balanced scorecard
When groups of workers receive a portion of the financial return from reducing costs and improving productivity, this is called:
Bonus
Profit sharing
Gain sharing
Stock options
When groups of workers receive a portion of the financial return from reducing costs and improving productivity, this is called Profit sharing.
Employees who participate in profit sharing programs are given the opportunity to split corporate profits at the end of the fiscal year. The more money the company makes, the more it can pay its staff. Employees are given the opportunity to share in the company's profits through a retirement program called a profit-sharing plan. Under this type of plan, also known as a deferred profit-sharing plan (DPSP), an employee receives a percentage of a company's profits based on its quarterly or annual results. In lieu of cash, employers might give stock pay to their employees. Utilizing stock or stock options allows for this. There is frequently a vesting period before an employee can receive and sell their stock compensation.
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Draw an earned value chart for the end of the fi rst week (5 days) assuming the time proportionality rule for the project illustrated in the following network diagram given the following costs and percentage completions:
Under project network diagram where the related costs and percentage completion stages are defined already with an assumption of time proportionately rule earned value chart can be drawn.
What is Earned Value Chart?A management technique to show the evolution of earned value metrics through using an value flow chart. Typically, the chart comprises lines for earned value, which is a gauge of how much progress has been accomplished, budget (planned project cost), and actual cost (planned project cost).
Formula for computing the Earned Value from the chart:
E⇒ Earned Value = Task Budget x Percent complete (actual)
Therefore for drawing the earned value chart one must know about the time proportionality rule of given project, costs and percentage completion stages from a network diagram.
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