learning about the costs of living before you need to cover them and creating good money habits early are both examples of _______________.
Answers
Learning about the costs of living before you need to cover them and creating good money habits early are both examples of taking personal responsibility.
How to take personal responsibility ?To budget and plan adequately, it's beneficial to be acquainting yourself with the costs of living necessitated by renting expenses, utility bills, transportation, and food - ideally before these need incurring. Securing a savvy comprehension of their mechanics will empower individuals to make educated overtures concerning expenditures, consequently discouraging careless overspending leading to insuperable debt.
Another proven strategy is establishing good money management behaviors early on upon entering maturity: making consistent savings; withdrawing from avoidable outflows, and investing reliably in self-education or career building ventures. These measures help cultivate aptitude over one's personal financial prospects.
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Related Questions
A company reported that its bonds with a par value of $50,000 and a carrying value of $59,000 are retired for $62,400 cash, resulting in a loss of $3,400. the amount to be reported under cash flows from financing activities is:
Answers
Answer:
The answer is ($62,400)
Explanation:
Cash flow only deals with cash. Statement of Cash flow is one of the three Financial statements and this records ONLY the cash that is coming in and out of the business
The company coughed out $62,400 cash. This is the money that will be recorded under cash flows from financing activities and not the $59,000.
So the narration will be:
Cash for retiring bonds.......($62,400)
Which Important personal quality does Jane seem to possess?
Jane is friendly and kind toward her coworkers. She makes interesting conversation with them during lunch. Her attitude helps to maintain a
harmonious atmosphere at work. Jane thus possesses an important personal quality known as
Answers
Answer:
kindness
Explanation: sorry im guessing by what the paragraph tells me..
Answer:
courteousness
Explanation:
These are all attributes of a courteous individual.
Describe the advantages that llc and S corporation‘s passed through entitles have relative to c-corporations
Answers
Answer:
Single-layer taxation
Explanation:
Limited liability companies and S corporations are able to pass through their income as the owner's income. "LLC and S corporations" are entities, unlike the C corporation.
Pass-through entities have a taxation advantage over non- pass-through entities. In tax computation, a pass-through entity passes its income or losses as those of its owners; hence the entity will not be subject to income tax. The business profits are treated as income to the owners, who will pay individual tax income. LLC and S corporation have only one layer of taxation.
A C corporation is subject to taxation as an independent entity. The directors have to file corporate tax returns on behalf of the business based on the company profits. The business profits are distributed to the shareholder as dividends. The shareholders have to pay tax on the dividend received as part of their income tax. The shareholders are double-taxed, as the business owners- corporate tax and as individuals - income tax. Double layer taxation.
A currency fixture is
Answers
Answer:
The currency fixture is referring to the foreign exchange rates, that are set in London every day at 4 PM.
Explanation:
These are known as benchmark rates and are determined related to the real transactions, that traders were conducting on the market in 60 seconds.
The rates for 21 currencies are determined on the medium level of all the trades that go through in this one minute.
what is transactions amount
Answers
Answer:
Transaction Amount means the total amount due to the state for any goods, service or license or anything else of value.
Utilitarianism's fundamental approach is that decisions are established based on previous consequences and result from past actions
True False
Answers
The statement "Utilitarianism's fundamental approach is that decisions are established based on previous consequences and result from past actions" is False.
Utilitarianism is an ethical theory that holds that the morality of an action should be determined by its ability to promote the greatest happiness for the greatest number of people. Utilitarianism is a consequentialist theory, which means that it judges the morality of an action based on its consequences or outcomes. The utilitarian approach to decision-making is forward-looking, rather than backward-looking. It focuses on the future consequences of a decision rather than on the past consequences of previous actions. In other words, utilitarianism considers the potential outcomes of an action and selects the action that will produce the greatest overall benefit to society.
Therefore, the correct statement regarding utilitarianism's fundamental approach is that decisions are established based on future consequences and result from present actions, rather than being based on previous consequences and past actions.
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Tammy’s home cost her $184,000. she lives in an area with a lively real estate market, and her home increases in value by 3.5% every year. if tammy sells her home after thirteen years, how much profit will she have made, to the nearest hundred dollars? a. $8,500 b. $87,800 c. $83,700 d. $103,800 please select the best answer from the choices provided a b c d
Answers
Tammy would have made $103,800 in profit under option (d) if she sold her house after thirteen years.
How do we determine worth in the future?The worth of a current asset at some point in the future based on an estimated rate of growth is known as future value (FV). For investors and financial planners, the future value is crucial because they use it to predict how much an investment made now will be worth in the future.
The equation future value = present value x (1 + interest rate)n can be used to compute future value using compound interest. Use the following equation to determine future value with simple interest: future value = present value x [1 + (interest rate x time)].
PV= $184,000
r= 3.5%
t= 13 years
FV = PV \((1 + r)^{n}\)
FV= $184,000 x \((1 + 3.5)^{13}\)
FV= $184,000 x \((1.035)^{13}\)
FV= $287767
To get profit,
Profit= FV - PV
Profit= $287,767 - $184,000
Profit= 103,767
=103800 (approx. )
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Good Price Year 1 Quantity of Goods Year 1 Price Year 2 Quantity of Goods Year 2 Quarts of ice cream $4.00 3 $4.00 5 Bottles of shampoo 3.00 1 3.00 2 Jars of peanut butter 2.00 3 2.00 2
Answers
Complete question :
Good Price Year 1 Quantity of Goods Year 1 Price Year 2 Quantity of Goods Year 2 Quarts of ice cream $4.00 3 $4.00 5 Bottles of shampoo 3.00 1 3.00 2 Jars of peanut butter 2.00 3 2.00 2.
What was nominal GDP in year 1? What was real GDP in year 1?What was nominal GDP in year 2? What was real GDP in year 2?
Answer: $21 ; $21 ; $30 ; $30
Explanation:
Given the following:
Goods, price YR 1; qty YR 1; price YR 2; qty YR 2
Quarts of ice cream; $4.00; 3; $4.00; 5
Bottles of shampoo; $3.00; 1; $3.00; 2
Jars of peanut butter; $2.00; 3; $2.00; 2
A.) Nominal GDP in year 1:
NOMINAL GDP = SUMMATION OF THE PRODUCT OF PRICE AND QUANTITY OF GOODS FOR A PARTICULAR YEAR
QUARTZ OF ICE CREAM = $4 × 3 = $12
BOTTLE OF SHAMPOO = $3 × 1 = $3
JARS OF PEANUT BUTTER = $2 × 3 = $6
NOMINAL GDP = $(12 + 3 + 6) = $21
B) REAL GDP YEAR 1
REAL GDP = SUMMATION OF THE PRODUCT OF PRICE OF BASE YEAR AND QUANTITY OF GOODS FOR A PARTICULAR YEAR
QUARTZ OF ICE CREAM = $4 × 3 = $12
BOTTLE OF SHAMPOO = $3 × 1 = $3
JARS OF PEANUT BUTTER = $2 × 3 = $6
REAL GDP = $(12 + 3 + 6) = $21
C) NOMINAL GDP YEAR 2
QUARTZ OF ICE CREAM = $4 × 5 = $20
BOTTLE OF SHAMPOO = $3 × 2 = $6
JARS OF PEANUT BUTTER = $2 × 2 = $4
NOMINAL GDP = $(20 + 6 + 4) = $30
D)REAL GDP YEAR 2
REAL GDP = SUMMATION OF THE PRODUCT OF PRICE OF BASE YEAR AND QUANTITY OF GOODS FOR A PARTICULAR YEAR
QUARTZ OF ICE CREAM = $4 × 5 = $20
BOTTLE OF SHAMPOO = $3 × 2 = $6
JARS OF PEANUT BUTTER = $2 × 2 = $4
REAL GDP = $(20 + 6 + 4) = $30
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called Group of answer choices auditing. economics. finance. accounting.
Answers
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.
Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.
While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.
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Assume that manufacturing overhead for glassman company consisted of the following activities and costs:setup (1,000 setup hours) $ 146,000production scheduling (400 batches) 60,000production engineering (60 change orders) 90,000supervision (2,000 direct labor hours) 56,000machine maintenance (12,000 machine hours) 96,000total activity costs $ 448,000the following additional data were provided for job 845:direct material costs $ 8,000direct labor cost (5 milling direct labor hours; 35 finishing direct labor hours) $ 1,000setup hours 5 hoursproduction scheduling 1 batchmachine hours used (25 milling machine hours;5 finishing machine hours) 30 hoursproduction engineering 3 change orders(a) calculate the cost of job 845 using abc to assign the overhead costs.(b) calculate the cost of job 845 using the plantwide overhead rate based on machine hours. (round your answer to the nearest dollar.)
Answers
A) The cost of Job 845 using ABC to assign the overhead costs is $9,547.
B) The cost of Job 845 using the plantwide overhead rate based on machine hours is $8,640.
A) The price of Job 845 is $9,547 when ABC is used to allocate the overhead expenses. This is determined by dividing the setup cost ($146,000/1,000 hours) by the setup hours (5 hours), yielding $730. The cost of production scheduling is then multiplied by one batch of batches to yield a result of $60,000. To reach $270, multiply the production engineering cost by the number of change orders (there were 3 change orders).
Finally, $2,887 is obtained by multiplying the machine maintenance cost by the number of hours the equipment was operated (30 hours).
The sum of these charges is $3,947, and when combined with the $8,000 and $1,000 direct labour and material costs, the total comes to $9,547.
B) Using the plantwide overhead rate based on machine hours, Work 845 will cost $8,640. This is computed as $2,400 by dividing the machine maintenance cost ($96,000/12,000 hours) by the number of hours the machine was utilised (30 hours). This brings the cost up to $8,640, which is then multiplied by the direct material and direct labour expenditures of $8,000 and $1,000, respectively.
Complete Question:
Assume that manufacturing overhead for Glassman Company consisted of the following activities and costs:
Setup (1,000 setup hours)-$ 146,000
Production scheduling (400 batches)-60,000
Production engineering (60 change orders)-90,000
Supervision (2,000 direct labour hours)-56,000
Machine maintenance (12,000 machine hours)-96,000
Total activity costs -$ 448,000
The following additional data were provided for - Job 845:
Direct material costs -$ 8,000
Direct labour cost (5 Milling direct labour hours; 35 Finishing direct labour hours) -$ 1,000
Setup hours -5 hours
Production scheduling - 1 batch
Machine hours used (25 Milling machine hours;5 Finishing machine hours) -30 hours
Production engineering -3 change orders
(A) Calculate the cost of Job 845 using ABC to assign the overhead costs.
(B) Calculate the cost of Job 845 using the plantwide overhead rate based on machine hours. (Round your answer to the nearest dollar.)
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Why is social service a more respectable job?
Answers
Answer:
they provide public services
Explanation:
2. What advice does the model in the video give to consumers? Do you think this is good
advice? Why or why not?
Answers
Answer:Model in the video give the consumers have the attitude of keeping it simple.by the use of models in the video, it is simple in that there is a lot of message that is passed hoping that more individuals will b reached by it.
Relatively there I an increasingly marketing procedures that accrue by this process followed by that pull customers upto their fold, this avouda a rwlentless as well as ill-concieved efforts to engage.
Explanation:Model in the video is good.this is because it brings things easier to the consumers as this products is likely to havean intended purchase, and are likely to buy this product more ofteexposing I to the others after abconsideration of given variables of price , perception of that given model brand .
Amy-Jo works for herself selling weight-loss products door to door. This is
A. not typical, because most door-to-door salespeople work for companies.
B. not typical, because products are rarely sold door to door.
C. typical, because most door-to-door salespeople are self-employed.
D. typical, because most weight-loss products are sold door to door
Answers
Answer:
C. typical, because most door-to-door salespeople are self-employed.
Explanation:
Army-Jo can be classified as a small scale retailer. It is normal for entrepreneurs with businesses with the same classification to conduct door-to-door by themselves.
A majority of salespersons who do-to door sales are self-employed. As a business doing do-to-door selling is much profitable because of reasons such as
Selling door to door eliminates the need for a store, which is expensive to establish.Hiring a good salesperson is expensive due to the wages involved.Door-to-door is less costly. Only time expense is incurred.Answer:
its D
Explanation:
:P
Press F, a BBB-rated firm, desires a fixed rate, long-term loan. Press F presently has access to floating interest rate funds at a margin of 2.25% p.a. over LIBOR. Its direct borrowing cost is 9.64% p.a. in the fixed rate bond market. In contrast, B.D. Energy, which prefers a floating rate loan, has access to fixed rate funds in the Eurodollar bond market at 6.22% p.a. and floating rate funds at LIBOR +0.59% p.a. Suppose they enter into an interest rate swap contract, which a broker agrees to arrange for a fee of 0.45% p.a. and they agree to split the cost savings equally. Due to this arrangement, Press F will have achieved a cost of for its fixed rate money and B.D. Energy will have achieved a cost of p.a. for its floating rate money? a. 8.76%; LIBOR-0.29\% b. 8.98\%; LIBOR-0.29\% c. 8.81\%; LIBOR-0.07\% d. 8.81%; LIBOR+ 0.31\% e. 8.98%; LIBOR-0.07\%
Answers
Press F has access to floating interest rate funds at a margin of 2.25% p.a. over LIBOR, and its direct borrowing cost is 9.64% p.a. in the fixed rate bond market.
In contrast, B.D. Energy, which prefers a floating rate loan, has access to fixed rate funds in the Eurodollar bond market at 6.22% p.a. and floating rate funds at LIBOR +0.59% p.a. They enter into an interest rate swap contract with a broker, agreeing to arrange for a fee of 0.45% p.a., and split the cost savings equally. The interest rate swap has the following effect:The interest rate swap will save Press F money, allowing them to obtain fixed-rate funds at a lower rate than they could have otherwise, while B.D. Energy will be able to obtain floating-rate funds at a lower cost than they would have otherwise.In order to determine the new rate for Press F's fixed rate funds, we must first determine the rate at which the swap will be transacted. The fee that the broker will charge to arrange the swap is 0.45% p.a., which must be added to the floating rate that B.D. Energy will pay on its funds. As a result, the new floating rate will be LIBOR +0.59% p.a. + 0.45% p.a. = LIBOR +1.04% p.a. The floating rate that Press F will pay is unchanged at LIBOR +2.25% p.a. as a result of the swap agreement. For the duration of the swap, Press F will pay 9.64% p.a. minus LIBOR +2.25% p.a. and will receive LIBOR +1.04% p.a., or 7.39% p.a. To obtain a fixed rate loan, they will pay the swap rate plus 2.25%, or 8.43% p.a. They've reduced their direct borrowing cost from 9.64% p.a. to 8.43% p.a. as a result of the swap, resulting in a 1.21% p.a. reduction. We must now determine the new rate that B.D. Energy will pay for their floating rate loan.
The rate they are presently paying is LIBOR +0.59% p.a., whereas the rate they will pay after the swap is LIBOR -0.45% p.a. (i.e., LIBOR +0.59% p.a. minus 1.04% p.a.). As a result, the reduction in B.D. Energy's borrowing cost will be 0.59% p.a. - (-0.45% p.a.), or 1.04% p.a. After the swap, B.D. Energy will be able to obtain funds at a rate of LIBOR -0.45% p.a. The answer is e. 8.98%; LIBOR-0.07%.
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the types of companies that make particularly attractive acquisition targets when employing an unrelated diversification strategy are
Answers
The types of companies that make particularly attractive acquisition targets when employing an unrelated diversification strategy
are those that operate in different industries or have diverse product/service offerings. These companies can bring complementary expertise, resources, and customer bases to the acquiring company, reducing its reliance on a single industry or market. By diversifying into unrelated industries, the acquiring company can mitigate risks associated with economic fluctuations or industry-specific challenges, and potentially unlock new growth opportunities. Additionally, acquiring companies with strong management teams, established brand recognition, and scalable business models can further enhance the attractiveness of such acquisition targets for unrelated diversification strategies.
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Which one of the following is NOT included in the Porter’s Five Forces model?
A. Potential development of substitute products
B. Bargaining power of suppliers
C. Rivalry among stockholders
D. Rivalry among competing firms
Answers
Among the given statements the one of the following is NOT included in the Porter’s Five Forces model is C. Rivalry among stockholders is NOT included in Porter's Five Forces model.
Porter's Five Forces model is a framework developed by Michael Porter to analyze the competitive dynamics of an industry. The model focuses on five key forces that shape an industry's attractiveness and competitiveness. These forces are:
1. Threat of new entrants: Assessing the barriers to entry and the potential for new competitors to enter the market.
2. Bargaining power of suppliers: Evaluating the influence suppliers have over the industry in terms of pricing, quality, and availability of inputs.
3. Bargaining power of buyers: Analyzing the power customers have to negotiate prices and demand favorable terms.
4. Threat of substitute products: Examining the likelihood of customers switching to alternative products or services.
5. Rivalry among competing firms: Assessing the intensity of competition among existing firms in the industry.
While options A, B, and D are all included in Porter's Five Forces model, option C, "Rivalry among stockholders," is not part of the framework. Porter's model focuses on analyzing industry-level competitive forces rather than the internal dynamics among shareholders of a company.
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which step of business process management allows managers to create a continually improving process?a. Step 3: process executionb. Step1: process designc. Step 5: proses optimizationd. Stepp 4: process monitoring
Answers
Step 5: process optimization is the step of business process management that allows managers to create a continually improving process. Option C is correct.
This step involves analyzing data from the process and identifying opportunities for improvement. Once opportunities are identified, changes are made to the process, and then the process is tested to see if the changes have had the desired effect.
The process is then monitored to ensure that the changes are sustainable and that the process continues to perform well over time. By continually optimizing the process, managers can ensure that their organization is operating efficiently and effectively.
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Listeners offer prompts to their speaker by _____.
Answers
Answer:
In any duel between a speaker and listener, it's always easy to fault the other person and it will begin with you. You can set the proper tone. Remember to take notes if you can.
Explanation:
Listen to what I'm saying and you will be good at it.
Answer:
Asking, “What happened then?”
Explanation:
Review each of the investment opportunities provided by Earll Investments and Pima Financial Trading. In a three paragraph
essay (a minimum of 4-5 sentences), write an analysis of these opportunities that answers the following questions.
Based on the evidence available to you, which investment opportunity is more likely to be fraudulent? What are the true
risks of investment with this company, and does the company accurately describe these risks? What are the potential
returns on an investment, and does the company accurately describe these returns?
Answers
All investment types do possess some level of risks hazard. Based on the evidence available to me, the investment opportunity that more likely to be fraudulent is the first investment that is made.
The true risks of investment with this company are hazard linked to land, stocks, wares, or court cases.
What are the potential returns on an investment?In regards to the investment made, Projected return, or what we call the potential return, is one that can create a lot of profit or loss.
Note that it is seen as a form of calculated metric that aids investors to be able to the amount of potential profit an investment may get and in the above case it may yield more profit or loss.
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Answer:
"After reviewing the investment opportunities provided by Earll Investments and Pima Financial Trading, it is evident that the investment opportunity offered by Pima Financial Trading is more likely to be fraudulent. The investment opportunity offered by Pima Financial Trading promises extremely high returns, which is usually a red flag for fraudulent activities. On the other hand, Earll Investments offers a more conservative investment opportunity, which promises a reasonable return on investment.
The true risks of investing with Pima Financial Trading are not accurately described by the company. The company claims that their investment opportunities are low-risk, but this is unlikely given the high returns promised. The higher the potential return on investment, the higher the risk involved. Pima Financial Trading also fails to provide detailed information about the investment strategies they use, making it difficult for investors to assess the risks involved.
In contrast, Earll Investments accurately describes the risks involved in their investment opportunity. The company acknowledges that there is a risk of loss, but emphasizes that this risk can be minimized by diversifying investments. The potential returns on an investment with Earll Investments are also accurately described, with the company offering a reasonable return on investment. Investors should exercise caution when considering investment opportunities offered by Pima Financial Trading, and carefully assess the risks involved."
PLZ help I’m so tired!! SIS GOTTA GO SLEEP!!
which upset customer handling technique requires responding quickly and in a businesslike tone with abuse cursing and threats are present?
A. Let them talk
B. Resolve the problem
C. Identify the problem
D. Don’t tolerate abuse
Answers
Answer:
my answer is a.let them talk
Don’t tolerate abuse handling technique requires responding quickly and in a businesslike tone with abusive cursing and threats present.
Thus, option D is correct.
What is a customer handling technique?The customer handling technique allows representatives to summarise and reiterate the client's issue, listening intently to a company’s customers is a crucial customer service ability. The customer will feel as though their problem is addressed if you do this.
The customer handling technique will not allow anyone to say wrong words or bad words to another piece. There it is important that no one should they are allowed to abuse another being. Even if it is a customer then there should be respectfully told so.
Therefore, option D is the correct option.
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the great majority of union workers work in multiple choice the private sector. the public sector. utilities.
Answers
The so-called union wage premium, which benefits workers who are unionised, results in greater pay. For covered workers, union bargaining also results in a premium for fringe benefits. Unions help to lessen salary disparity. The countercyclical wage premium contributes to keeping covered employees' actual earnings stable.
What impact does a union have on employment?But, as long as the labour supply remains elastic, increases in union pay or the percentage of the workforce that is unionised will typically be associated with an increase in average earnings and a decline in total employment.
Together, union members and management create and uphold a contract that ensures the rights you value, such as reasonable pay hikes, access to affordable healthcare, and job security.
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beta corporation owns assets valued at $1,500,000 with liabilities of $700,000, and alpha holds assets valued at $350,000 with liabilities of $150,000. beta transfers 200,000 shares of stock and $50,000 cash, and it accepts $100,000 of alpha’s liabilities, in exchange for all of the alpha assets. alpha distributes the beta stock to its shareholders for their alpha stock and then ceases to exist.
Answers
"Type A" reorganization. The transaction does not qualify as a "Type C" reorganization because substantially all of the assets are not acquired with voting stock.
What are liabilities?A liability is anything that a person or organisation owes, usually money. Advances, accruing costs, mortgages, bonds, accounts payable, securities, and deferred revenues are all included in the liabilities section of the asset report.
Liabilities on the balance sheet's right side are represented by debts like as loans, accounts payable, mortgages, deferred revenue, bonds, warranties, and accumulated costs.
A company's liabilities are essential since they are utilised to fund operations and big expansions. They can also speed up business-to-business transactions.
Liabilities reduce your company's worth and equity, but assets create value and enhance equity. The more your assets exceed your liabilities, the better off financially your company is.
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Sometimes the government will step in when they feel the need to encourage competition in
a particular industry and to break up companies that have nearly complete control over a
particular market. What is it called when the government initiates action against companies
that appear to have too much power?
A.consumer protection
B.OSHA
C.monopolies
D.antitrust suits
Answers
What are some reasons that a bank statement might not match a cash balance of a business's records? Choose all answers that are correct.
Question 1 options:
posted payments on credit cards
bank errors
outstanding deposits
service charges
recorded checks
outstanding checks
Answers
Answer:
outstanding deposits, outstanding checks, posted payments on credit cards
Explanation:
Bank errors, Outstanding Deposits, Service Charges, and Outstanding checks are some reasons that a bank statement might not match the cash balance of a business's records. The correct options are B, C, D, and F.
What information does a bank statement provide?Name, address, account number, and bank branch information are all listed on bank statements for account holders. Additionally, a summary table that displays the statement's time frame, opening and closing bank balances, deposits made to the account, refunds, and cash withdrawals is included. In addition, fines levied by your bank as well as declined or canceled payments will appear on your statements.
Differences between the two records could be the result of Deposits in transit: The firm may have received cash or cheques, but the bank may not have yet recorded them. Outstanding checks are ones that have been issued but have not yet been processed. Bank service fees: Banks frequently deduct service fees.
Thus, the ideal options are B, C, D, and F.
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"The importance of international employment is huge for the countries like Nepal" .explain
Answers
Explanation:
what will you do if we solve the answers. so,solve problem your self .if it is your home problem you wouldn't ask us and solve it. so solve your questions your self .thankyou if you like my answer like
Considering the same simple economy, what is the real GDP in year 2, assuming year 1 is the base year? Year 1 Year 2Product Quantity Price Quantity PriceCell Phones 200 4.00 400 3.00 Food 4.00 300 600 5.00Cars 150 10.00 200 12.00Tires 600 6.00 800 5.00 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.a. 8200 b. 7200 c. 11200 d. 5000
Answers
The answer is not among the options provided. The closest one is 11200, which is the nominal GDP in year 1. The correct answer is option c.
To calculate the real GDP in year 2 using year 1 as the base year, we need to use constant prices from year 1 to value the production in year 2. This means we need to multiply the quantities produced in year 2 by their prices in year 1.
The calculation for each good is:
Cell phones: 400 x 4.00 = 1600
Food: 600 x 4.00 = 2400
Cars: 200 x 10.00 = 2000
Tires: 800 x 6.00 = 4800
So the nominal GDP in year 2 is:
1600 + 2400 + 2000 + 4800 = 10800
To calculate the real GDP, we need to adjust this value for changes in prices from year 1 to year 2. To do this, we use the GDP deflator, which is the ratio of nominal GDP to real GDP, multiplied by 100 to express the result as a percentage.
The GDP deflator in year 2 is:
\((1600 + 2400 + 2000 + 4800) / (200 x 4.00 + 300 x 4.00 + 150 x 10.00 + 600 x 6.00) x 100 = 95.2\)
The real GDP in year 2 is:
\(10800 / 0.952 = 11345.38\) (rounded to two decimal places)
Therefore, the answer is not among the options provided. The closest one is option (c) 11200, which is the nominal GDP in year 1.
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lightning fund invests primarily in firms with above average expected changes in revenue, earnings, and operating cash flow. lightning is most likely characterized as a(n): growth fund. balanced fund. income fund. money market fund.
Answers
Lightning Fund is most likely characterized as a growth fund. The reason for this is that the fund invests primarily in firms that have above-average expected changes in revenue, earnings, and operating cash flow.
Such firms are usually in the growth stage of their business cycle, which means that they are expanding their operations and increasing their market share. By investing in these firms, Lightning Fund is looking to capitalize on their growth potential and generate high returns for its investors. Growth funds typically have higher risk levels than other types of funds but also offer the potential for higher returns. Therefore, if you are looking for a fund that can help you achieve your long-term financial goals and are willing to accept a higher level of risk, Lightning Fund might be a good option for you.
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Which of the following is not an example of appropriate business etiquette?
Greet everyone cordially, warmly, professionally, and with eye contact.
Dress appropriately and professionally and practice good hygiene.
Arrive at appointments within fifteen minutes of the scheduled time.
Pay attention to the person to whom you are speaking and learn their name.
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Answer: Arriving at appointments within fifteen minutes of the scheduled time. This is not an example of appropriate business etiquette as it suggests arriving late or not on time. A person should arrive on time or a few minutes early for a business appointment.
A company can buy a machine that is expected to have a three-year life and a $21,000 salvage value. The machine will cost $1,764,000 and is expected
to produce a $191,000 after-tax net income to be received at the end of each year. If a table of present values of $1 at 12% shows values of 0.8929 for
one year, 0.7972 for two years, and 0.7118 for three years, what is the net present value of the cash flows from the investment, discounted at 12%?
Multiple Choice
$105,214
$564 457
$615,438
$689,319
O $1,869,214
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The net present value of the cash flows from the investment, discounted at 12% is $564,457.
Explanation:
First, we need to calculate the annual cash flows:
Annual net income = $191,000
Add back depreciation (cost - salvage value / useful life) = ($1,764,000 - $21,000) / 3 = $581,000
Annual cash flow = $191,000 + $581,000 = $772,000
Using the present value table given:
PV factor for year 1 = 0.8929
PV factor for year 2 = 0.7972
PV factor for year 3 = 0.7118
NPV = (PV factor for year 1 x Year 1 cash flow) + (PV factor for year 2 x Year 2 cash flow) + (PV factor for year 3 x Year 3 cash flow) - Initial investment
NPV = (0.8929 x $772,000) + (0.7972 x $772,000) + (0.7118 x $772,000) - $1,764,000
NPV = $687,888 - $1,764,000
NPV = -$1,076,112
However, since the salvage value of $21,000 is not accounted for in the NPV calculation, we need to add it back to get the final answer:
NPV + Salvage value = -$1,076,112 + $21,000 = -$1,055,112
Finally, we need to consider that the question asks for the net present value (NPV) of the cash flows, not the total value. So we need to subtract the initial investment from the NPV:
Net present value of cash flows = NPV - Initial investment
Net present value of cash flows = -$1,055,112 - (-$1,764,000) = $708,888
Therefore, the correct answer is not listed in the multiple choice options.
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why teacher want me to take exam
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Answer:
dont know but our state dodge it because we had power and water out so we have about 2 weeks till then i think i know fo sure its in march tho
Explanation: