Which of the following is TRUE of the relationship among the variable of employment, income, and education: o they are inextricably linked to each other and to health status o there is no correlation, based on multiple empirical studies o they are correlated, but only occasionally and only for males o intervention in one area does not seem to have any impact any other
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The answer is option a. they are inextricably linked to each other and to health status.
What are the terms of employment?The particular terms and agreements that regulate a worker's relationship with their employer are known as terms of employment. They might cover the employee's start date, working hours, pay, perks, and terms of termination.
What does employment mean in India?In terms of economics, employment refers to the condition of having a job or being employed. Paying someone is a requirement if one must hire them. The person who hires people is known as the employer, and the person who receives compensation for rendering services is known as the employee.
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Related Questions
business studies grd 12 presentation on business environment
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The business environment is the set of internal and external factors that affect the operations and success of a business. It includes factors such as economic conditions, political and legal systems, technological advancements, social and cultural factors, and competitive forces.
Understanding the business environment is important for businesses because it enables them to identify opportunities and threats that may impact their operations.
Businesses can then use this information to make informed decisions about their strategies and plans.
For example, a business operating in a highly competitive market may need to focus on product differentiation or cost reduction strategies to stay competitive.
Similarly, a business operating in an unstable economic environment may need to adjust its pricing or marketing strategies to remain viable.
In summary, the business environment is a complex and dynamic system that affects businesses in various ways, and understanding it is critical for success in the business world.
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Mark and Ryan just moved into their first apartment together and they want to buy a flat screen TV for the living
room. They both work but between college tuition, books and rent their funds are running low. Mark decides to take
advantage of a financing offer from a local electronics store and buys the TV on a line of credit.
Is this a good or bad debt move? Why?
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Answer:
I need points sorry plss forgive I really need it pls
Hey guys i dont know who to vote for plz give me suggestions and reasons why
Answers
Answer:
me ig im just trying to get more points and brainliest
Explanation:
also im nice :) when people are not rude to me
Mr Ashok has a company, and has an option to issue different types of preference shares. State all the types preference shares a company can issue.
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Cumulative preference shares: These are types of shares where shareholders are given the right to receive dividends for those years where dividends could not be paid due to insufficient profits.
Non-cumulative preference shares: These are types of shares where shareholders are not given the right to receive dividends for those years where dividends could not be paid due to insufficient profits.
Participating preference shares: With participating preference shares, the issuing company must pay an increased dividend to the owners of preference shares if there is a participation clause in the share agreement. This clause states that a certain portion of earnings (or of the dividends issued to the owners of common stock) will be distributed to the owners of preferences shares in the form of additional dividends.
Convertible preference shares: These are preference shares that can be converted into common stock if a shareholder wants to change its holding position. They are converted into a predetermined number of preference stocks.
Non-convertible preference shares: These are preference shares where the holder of a preference share has not been conferred the right to get their holding converted into equity share.
Redeemable preference shares: These are preference shares that can be repurchased or redeemed by the issuing company at a fixed rate and date.
In summary, a company can issue different types of preference shares, including cumulative, non-cumulative, participating, convertible, non-convertible, and redeemable preference shares.
Read the article 8 Things You Should Consider Before Getting a Franchise
After reading the 8 items, select one and write a summary on it and note how it might apply to your business as a franchisor.
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One of the items mentioned in the article "8 Things You Should Consider Before Getting a Franchise" is the importance of conducting thorough research before investing in a franchise.
What is the explanation for the above response?
One of the items mentioned in the article "8 Things You Should Consider Before Getting a Franchise" is the importance of conducting thorough research before investing in a franchise. It is crucial to research the franchisor's background, franchise system, and the industry in which the franchise operates to ensure that it aligns with your business goals and values.
As a franchisor, it is important to provide potential franchisees with comprehensive information about your franchise system, including financial information, training and support, marketing strategies, and operational procedures. This will help franchisees make an informed decision about investing in your franchise and ensure that they have a clear understanding of what they can expect.
It is also important to conduct ongoing research and analysis of the industry to stay up-to-date on market trends and consumer demands. This will enable you to adapt your franchise system to changing market conditions and provide your franchisees with the support they need to succeed.
By focusing on thorough research, both as a potential franchisee and as a franchisor, you can ensure that you make an informed decision about investing in a franchise and set yourself up for long-term success.
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In the fictional country of Dirian the economics statistics department has been busy calculating the price index for a basket of goods from 2013 to 2017. January 2013 is the standardized price index, at 100, for a basket of consumer goods in the country. The price index increased in 2014 to 104.7, in 2015 to 109.3, in 2016 to 113.1, and in 2017 it increased to 119.2. You have been called to the country to help establish the rate of inflation for those years. What are the inflation rates in Dirian for 2014, 2015, 2016, and 2017
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Answer:
Inflation refers to the general rise in price levels of goods and services in an economy.
\(Inflation = \frac{CPI in current year - CPI in previous year}{CPI in current year} *100\)
2014 Inflation;
\(Inflation = \frac{104.7 - 100}{100} *100\\= 0.047\)
= 4.7%
2015
\(Inflation = \frac{109.3 - 104.7}{104.7} *100\\\\= 0.0439\)
= 4.39%
2016
\(Inflation = \frac{113.1 - 109.3}{109.3} *100\\\\= 0.0348\)
= 3.48%
2017
\(Inflation = \frac{119.2 - 113.1}{113.1} *100\\\\= 0.0539\)
= 5.39%
Windborn Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock.
The following amounts were distributed as dividends:
20Y1 $30,000
20Y2 12,000
20Y3 45,000
Common Stock
(dividends per share)
I cannot figure out Y1 or Y3
Answers
The dividends per share for the common stock in year 1 (Y1) is $0.60 per share, and in year 3 (Y3) is $0.90 per share.
To calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3), we need to determine the total dividends distributed and divide them by the number of common shares outstanding.
Given information:
Cumulative preferred stock: 15,000 shares, 1% dividend
Common stock: 50,000 shares, $30 par value
Dividends distributed:
Y1: $30,000
Y2: $12,000
Y3: $45,000
First, let's calculate the dividends per share for the cumulative preferred stock in each year.
Dividends per share for cumulative preferred stock = (Par value * Dividend rate) / Number of preferred shares
Dividends per share for cumulative preferred stock = ($100 * 1%) / 15,000 shares
Dividends per share for cumulative preferred stock = $1 / 15,000
Dividends per share for cumulative preferred stock = $0.000067 per share
Now, let's calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3).
For Y1:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $30,000 - ($0.000067 * 15,000)
Total dividends for common stock = $30,000 - $1.005
Total dividends for common stock = $29,998.995
Dividends per share for common stock in Y1 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y1 = $29,998.995 / 50,000 shares
Dividends per share for common stock in Y1 = $0.5999799 per share (rounded to $0.60 per share)
For Y3:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $45,000 - ($0.000067 * 15,000)
Total dividends for common stock = $45,000 - $1.005
Total dividends for common stock = $44,998.995
Dividends per share for common stock in Y3 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y3 = $44,998.995 / 50,000 shares
Dividends per share for common stock in Y3 = $0.8999799 per share (rounded to $0.90 per share)
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The process of allocating funds to projects and investments includes the following:
A. Analysis
B. Selection
C. Monitoring
D. Evaluating performance
Analyze or explain any three of the above.
Answers
The process of allocating funds to projects and investments involves several important steps, including analysis, selection, and monitoring. By following these steps, organizations can make informed decisions about where to invest their resources and ensure that their investments are delivering the expected returns.
The process of allocating funds to projects and investments involves several important steps, including analysis, selection, monitoring, and evaluating performance. Here are explanations of three of these steps:
Analysis: This step involves gathering and analyzing information about potential projects and investments to determine whether they are financially viable and aligned with the organization's goals and objectives. This includes conducting market research, analyzing financial statements and projections, assessing risks, and identifying potential barriers to success. The analysis phase helps decision-makers to make informed choices about which projects and investments to pursue.
Selection: Once potential projects and investments have been analyzed, the next step is to select the most promising ones. This involves using the information gathered during the analysis phase to compare options and choose the projects and investments that are most likely to provide the greatest returns on investment. The selection process may involve developing criteria for evaluating potential options, ranking them based on their financial potential, and weighing the costs and benefits of each option.
Monitoring: Once projects and investments have been selected and funded, it is important to monitor their progress and performance over time. This involves regularly reviewing financial and operational data to identify any potential issues or risks, and taking action to address them. Monitoring can help decision-makers to stay informed about the status of their investments, identify opportunities for improvement, and make adjustments to their funding strategies as needed.
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"Sorry to put you through that test. We're more like a team of investors than operational partners even Seth and Jia, who started the restaurant 30 years ago. So we need to be sure you'll run the restaurant ethically. Everybody did love Julio, but he was a mess. We'd never hire him back. We'd like to hire you, but on a probationary basis for three months. What do you need to get started
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Explanation:
Analyzing all the information related to the question above, a good strategy for an effective start would be to adopt good work practices such as organization and ethics, which were information provided by investors about what they expect from the new manager. That is why it is necessary to establish an effective and positive communication with employees and customers of the restaurant, be an ethical professional who meets the requirements and policies proposed by the company, etc.
A good strategy also to start in the internship regime and make a good impression for investors would be to talk with the establishment's prominent employees about the best practices to be adopted in the restaurant to be successful.
The IS curve represents Select one: a. the single level of output where financial markets are in equilibrium. b. the combinations of output and the interest rate where the money market is in equilibrium. c. the single level of output where the goods market is in equilibrium. d. the combinations of output and the interest rate where the goods market is in equilibrium.
Answers
Answer:
D. the combinations of output and the interest rate where the goods market is in equilibrium.
Explanation:
The IS curve means investment-savings curve.
The IS curve is the combinations of output and the interest rate where the goods market is in equilibrium.
It is a curve which shows the different combinations of income (Y) and the real interest rate (r) such that the market for goods and services is in equilibrium.
This means that, every point on the IS curve is an income/real interest rate pair (Y,r) such that the demand for goods is equal to the supply of goods(Qs=Qd) or equivalently, the desired national saving is equal to desired investment.
Answer:
d. the combinations of output and the interest rate where the goods market is in equilibrium.
Explanation:
British economist John Hicks was the first to introduce the IS-LM model in 1937, where IS stands for Investment-Savings and LM stands for Liquidity preference-Money supply. It is a Keynesian macroeconomic model that gives the relationship between the market for economic goods (Investment-Savings) and the money market (Liquidity preference-Money supply). The IS-LM model is a graphical representation of Keynesian economic theory.
The IS curve represents the combinations of output and the interest rate where the goods market is in equilibrium. When there's an increase in government spending, the IS curve would shift to the right on the graph.
Also, when there's an increase in the interest rate, it causes investment spending to decrease as the IS curve shifts to the left with respect to economy.
Analyze the role played by government, universities, and entrepreneuers in innovation
Answers
The role played by government, universities, and entrepreneurs in innovation contributes unique resources, expertise, and perspectives that foster innovation and propel economic growth.
Here is an analysis of the role played by each:
Government:Government plays a vital role in innovation through various means:
a. Funding and Support: Governments allocate funds to support research and development (R&D) activities, providing grants, subsidies, and tax incentives for innovative projects.
b. Policy and Regulation: Governments create an enabling environment for innovation by implementing policies and regulations that promote competition, protect intellectual property rights, and encourage entrepreneurship.
c. Infrastructure and Education: Governments invest in physical infrastructure, such as transportation and communication networks, which are essential for innovation.
Universities:Universities play a critical role in innovation through research, education, and collaboration:
a. Research and Development: Universities are centers of knowledge creation and innovation. They conduct research across various disciplines, pushing the boundaries of knowledge and discovering new technologies, processes, and solutions.
b. Talent Development: Universities educate and train students in diverse fields, equipping them with the skills and knowledge to contribute to innovation. They foster critical thinking, problem-solving abilities, and a culture of exploration and curiosity.
c. Technology Transfer: Universities facilitate the transfer of research outcomes and technologies to the commercial sector. They collaborate with entrepreneurs and industry partners to commercialize innovations through licensing agreements, spin-off companies, or joint ventures.
Entrepreneurs:Entrepreneurs are central to the process of innovation and play a key role in transforming ideas into marketable products or services:
a. Idea Generation: Entrepreneurs are often the initiators of innovative ideas. They identify opportunities, envision new products or services, and develop unique value propositions. Their entrepreneurial mindset drives them to challenge existing norms and seek novel solutions.
b. Risk-Taking and Investment: Entrepreneurs take on risks by investing their resources, time, and effort into developing and commercializing innovations. They secure funding from various sources, such as venture capital, angel investors, or government grants, to finance their ventures.
c. Market Adoption and Scaling: Entrepreneurs are responsible for bringing innovations to the market and driving their adoption. They navigate challenges such as market validation, customer acquisition, and scaling operations.
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The interest earned on policy dividends is
Answers
As some of the life insurance policies are used for paying dividends to the policyholders.
If the dividends are invested with the insurance company, the interest earned on this investment will be considered taxable income. Thus the interest earned on policy dividends is taxable.Learn more about the earned on policy dividends is.
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When the economy experiences an expansion, it is most likely the case that
Answers
Answer:
there is a bigger money pool and became popular
Answer:
they will experience relatively rapid growth, interest rates will be low, production increase, and inflationary pressure builds
Step 2: Writing Report
Explain the value of using data analysis.
Explain the risks of not using data visualization.
The report should explain the data that you have analyzed throughout the course.
Step 3: Lessons Learned
Identify some key points that you found about data analytics in this course and add a slide for lessons learned at the end of your presentation on what you learned this session.
Answers
The value that can be gotten from Data analytics is that it can aid companies to have broad knowledge of market segments, and can help to increase their market share as well as revenue growth.
The risks of not using data visualization is that the company may not be be able to to maintain the audience's interest with information.
What is the importance of Data analytics?For example, data analytics can help businesses find underdeveloped market areas, anticipate client wants, and improve their product offers. Businesses that use data analytics to acquire a competitive edge can grow their market share, accelerate revenue growth, and strengthen their brand.
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)A stock is expected to pay a dividend of $1 per share in two months and in five months. The stock price is $50, and the risk-free rate of interest is 8% per annum with continuous compounding for all maturities. An investor has just taken a short position in a six-month forward contract on the stock. The forward contract is initiated today.
(1) the forward price of the forward contract is $_____ (保留四位小数)
(2) the initial value of the forward contract is $_____ (保留四位小数)
(3) Three months later, the forward price of the stock is 47.9699 for the same forward contract and the risk-free rate of interest is still 8% per annum. The value of the short position in the forward contract is $_____(保留四位小数)
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2. The initial value of the forward contract is zero
3. In three months the value of the short position in the forward contract is $47.96
my brothers name is dookie
Answers
Answer:
Cool
Explanation:
The following trial balance relate to Lubuto company at 31 March 2022
K’000 K’000
Plant and Equipment at cost (iii) 155,500
Accumulated amortisation/ depreciation at 1 April 2021
Right of use asset 25,000
Plant and Equipment 43,500
Right of use – leased property at cost 100,000
Bank interest 900
Administration expenses 36,800
Distribution costs 33,500
Cost of sales 290,600
Loan note interest and dividends paid (notes(iv) and(v) 13,380
Revenue 490,000
Inventories at 31st March 2022 61,000
Trade received 63,000
Trade payables 32,200
Bank 5,500
Equity shares of 25ngwee each (notes ii) 56,000
Share premium 25,000
Retained earnings at 1 April 2021 26,080
5% convertible loan note (note iv) 50,000
Current tax note (vi) 3,200
Deferred tax (note (vi) 4,600
757,880 757,880
The following notes are relevant:
(i) Revenue includes and amount of K20 million for cash sales made through Lubuto
co’s retail outlets during the year on behalf of francis. lubuto Co, acting as agent, is
entitled to a commission of 10% of the selling price of these goods. By 31st March
2022, Lubuto Co had remitted to Francis K15million ( of the K20 million sales) and
recorded this amount in cost of sales
(ii) On 1st August 2021, Lubuto Co made a fully subscribed rights issue of equity share
capital based on two new shares at 60 ngwee each for every five shares held. The
issue has been fully recorded in the trial balance figures.
(iii) Plant and equipment is depreciated at 12.5% per annum on the reducing balance
basis. Leased property was purchased 20yrs ago and depreciation is charged on
straight line. All amortisation and depreciation of non-current assets is charged to cost
of sales.
(iv) On 1 April 2021, Lubuto co issued a 5% K50 million convertible loan note at par.
Interest is payable annually in arears on 31 March each year. The loan note is
redeemable at par or convertible into equity shares at the option of the loan note
holders on 31 March 2024. The interest on an equivalent loan note without the
conversion rights would be 8% per annum. The present values of K1 received at the
end of each year, based on discount rates of 5% and 8% are:
5% 8%
End of year 1 0.95 0.93
2 0.91 0.86
3 0.86 0.79
(v) An equity dividend of 4ngwee per share was paid on 30 May 2021 and, after the
rights issue, a further dividend of 2 ngwee per share was paid on30th November 2021.
(vi) The balance on current tax represent represents the under/over provision of the tax
liability for the year ended 31st March 2021. A provision of K28 million is required
for current tax for the year ended 31st March 2022 and at this date the deferred tax
liability was assessed at K8.3 million.
Required
(a) Prepare the statement of profit or loss for Lubuto for the year ended 31st March 2022.
(12marks)
(b) Prepare the statement of financial position for; Lubuto for the year ended 31 March 2022,
Answers
Statement of profit or loss for Lubuto for the year ended 31st March 2022:
Revenue K490,000
Less: Commission to Francis (1.5M) [Note (i)]
Net revenue 488,500
Cost of sales 306,100
Opening inventory 75,000
Add: Purchases 290,600
Less: Closing inventory (61,000)
Gross profit 182,400
:
Administration expenses (36,800)
Distribution costs (33,500)
Depreciation - Plant and Equipment (21,719) [Note (iii)]
Depreciation - Right of use asset (5,000)
Amortisation - Right of use - leased property (14,500)
Bank interest (900)
Loan note interest and dividends paid (13,380) [Note (iv)]
Profit before tax 57,601
How to explain the statement of financial positionStatement of financial position for Lubuto for the year ended 31st March 2022:
Explanation:
Non-current assets:
Plant and equipment at cost 155,500
Less: Accumulated depreciation (43,500)
Net plant and equipment 112,000
Right of use asset 20,000 [Note (iii)]
Right of use - leased property at cost 100,000
Less: Accumulated amortisation (14,500)
Net right of use - leased property 85,500
5% convertible loan note 50,000 [Note (iv)]
Total non-current assets 267,000
Current assets:
Inventories 61,000
Trade receivables 63,000
Bank 5,500
Total current assets 129,500
Total assets 396,500
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The following labor standards have been established for a particular product: Standard labor hours per unit of output 4.5 hours Standard labor rate $ 17.60 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 6,100 hours Actual total labor cost $ 107,970 Actual output 1,300 units Required: a. What is the labor rate variance for the month
Answers
Answer:
4400 Unfavorable
Explanation:
Calculation to determine the labor rate variance for the month
First step is to calculate the Standard hours using this formula
Standard hours = Standard labor-hours per unit of output*Actual output
Let plug in the formula
Standard hours= 4.5*1,300 units
Standard hours= 5850
Now let calculate the Direct labor efficiency variance using this formula
Direct labor efficiency variance = (Standard hours - Actual hours)*Standard rate
Let plug in the formula
Direct labor efficiency variance= (5,850-6,100)*17.60
Direct labor efficiency variance= 4400 Unfavorable
Therefore the labor rate variance for the month is 4400 Unfavorable
What's the diffrence between division manager and regional manager? please i need help i don't understand the difference.
Answers
Minor Company had checks outstanding totaling $4,092 on its April bank reconciliation. In May, Minor Company issued checks totaling $41,984. The May bank statement shows that $25,578 in checks cleared the bank in May. A check of $842 from one of Minor Company's customers was also returned marked "NSF." The amount of outstanding checks on Minor Company's May bank reconciliation should be
Answers
Answer:
Explanation:
Given that,
Minor Company had checks outstanding totaling $4,092
Minor Company issued checks totaling $41,984
The May bank statement shows that $25,578 in checks cleared the bank in May
Particular Amount in $
Opening Outstanding Checks 4,092
Add: Checks issued during the month + 41,984
46,076
Less: Checks cleared by the bank - 25,578
Closing Outstanding Checks Balance 20498
The impact of this Outstanding checks is that Bank balance will be greater than the company's actual balance of cash in books of account of the company.
Treatment of Outstanding Checks in Bank Reconciliation is when adjusted balance as per the bank is calculated at end of a period, Total amount of outstanding checks is deducted from the ending balance of the bank statement.
What is a major implication for HRM that has resulted from technical advancement? *
Answers
Write a pin introducing yourself to the class, and addressing one or more of the following questions.
[NOTE: do not feel that you have to post a response to ALL of these questions - just select one or more to which you'd like to provide a response.]
1) How would each of the three views assess the U.S. corporations' practice of offshoring their manufacturing operations to lower cost locations? Is it wrong for international managers to do this?
2) From the "Uber" mini-case in the Hill & Hult textbook: what are the pros/cons of Uber's Global Strategy? What could Uber have done differently?
3) From the "Boeing" mini-case in the Hill & Hult textbook: Do you think that Boeing's most recent decision to rethink its outsourcing strategy is correct?
4) From the "Medical Tourism" mini-case in the Hill & Hult textbook: What are the benefits to American medical providers of outsourcing certain well-defined tasks such as interpreting an MRI scan to foreign providers in countries such as India? What would Economic Nationalists in the United States say about this? How would Liberals defend this practice?
Answers
Based on my own opinion, i will say that From the "Boeing" mini-case in the Hill & Hult textbook, I do think that Boeing's most recent decision to rethink its outsourcing strategy is correct.
Why did Boeing restructure and outsource the project operations?The reason for the outsource is so that they can lower the costs and and the time spent on development.
Note that Boeing was known to have created about 787 through the use of a system that is said to be an unconventional three-tier supply chain.
Note that The implementation of this was said to have led to a substantial increase in outsourcing.
Hence, Based on my own opinion, i will say that From the "Boeing" mini-case in the Hill & Hult textbook, I do think that Boeing's most recent decision to rethink its outsourcing strategy is correct.
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A company sells steel to a scooter company for $150. The scooter company uses the steel to produce a scooter, which it sells for $290. Taken together, these two transactions contribute O $150 to GDP O $290 to GDP O between $290 and $440 to GDP, depending on the profit earned by the bicycle company when it sold the bicycle O $140 to GDP
Answers
The answer is $290 to GDP when company sells steel to a scooter company for $150 and the scooter company uses the steel to produce a scooter, which it sells for $290 taken together.
What takes place when a business sells?When a company is sold, shareholders may receive cash at closing or they may keep their shares in the new business. In any scenario, they might get their money back. The value of shareholders' shares could rise if the new business succeeds.
Just what do you mean by sells?company sells to give (services or products) to someone in return for cash; dispose of to a buyer for a price: He sold the car to me for $1,000. He sells insurance. to deal in; hold; or put up for sale. My favourite brand is offered in this shop. a sale or an offer to sell made to: He'll sell me the car for $1,000.
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What two types of debt are most common for Millennials? How does this compare to Baby Boomers and Generation X?
Answers
The two types of debt that are common in millennials is credit card debt and loan debt.
This can be compare to baby boomers and generation x because about 60% of millennials in debt are student loans, while about 43% of debt are Gen Xers and roughly 18% of debt are baby boomers.
What is debt?Debt refer to an amount of money or things that is borrowed by someone from another person.
Debt is something a person owed.
Credit card debt refer to when a client use his card system to borrowed money or purchased something he did not pay for.
Loan debt is the amount of money owed by a student.
Therefore, The two types of debt that are common in millennials is credit card debt and loan debt.
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How could a manager learn what is right and wrong?
Answers
Answer:
by leading the members of his department.and by giving instructions.
Please answer the question...
Answers
The journal entry in 2024 to record revenue for Arizona Desert Homes (ADH), which recognizes revenue upon contract completion, is as follows:
Journal Entry:2024:
Debit Accounts Receivable (Cactus Development Company) $3,405,000
Credit Contract Revenue $3,405,000
(To recognize the revenue upon contract completion.)
What is the journal entry?The journal entry is the initial recognition (recording) of a business transaction in the accounting books.
According to the revenue recognition principle, revenue can only be recognized when the performance obligations have been fulfilled or the right to use the asset has been transferred to the other party.
In line with this principle, ADH should recognize the total contract revenue in 2024.
Transaction Analysis:Accounts Receivable (Cactus Development Company) $3,405,000 Contract Revenue $3,405,000
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Suppose that the change in a product's price is 10%, and this causes an 8% change in quantity demanded. The product's demand elasticity is
Answers
The concept of demand elasticity is crucial for understanding the relationship between changes in price and changes in quantity demanded of a product.
In this scenario, we are given that the change in the price of a product is 10%, and this leads to an 8% change in the quantity demanded. We can use this information to calculate the product's demand elasticity.
Demand elasticity is the measure of the responsiveness of the quantity demanded of a product to changes in its price. It is calculated as the percentage change in quantity demanded divided by the percentage change in price. Therefore, in this scenario, the demand elasticity can be calculated as:
Demand elasticity = (% change in quantity demanded) / (% change in price)
Demand elasticity = (8% / 10%)
Demand elasticity = 0.8
The demand elasticity in this scenario is 0.8, which means that the product's demand is relatively inelastic. Inelastic demand means that changes in price have a relatively small impact on the quantity demanded of the product. This is because the percentage change in quantity demanded is less than the percentage change in price.
Overall, understanding the concept of demand elasticity is essential for businesses to make informed decisions about pricing strategies. In this scenario, the product's relatively inelastic demand suggests that changes in price may not have a significant impact on the quantity demanded, and businesses may need to consider other factors when deciding on pricing strategies.
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Plot the data in the table on the graph below. Remember, price is on the vertical axis and quantity is on the horizontal axis. PLEASE HELP
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Explanation:
Plot the data in the table on the graph below. Remember, price is on the vertical axis and quantity is on the horizontal axis.
Quantity is on the horizontal axis so the data in the price column are X values
Price is on the vertical axis so the data in the price column are Y values
Quantity is in thousands so your points are:
(1000 , 10)
(2500 , 9)
(4000 , 8)
(5500 , 7)
(7000 , 6)
(8500 , 5)
(10000 , 4)
(11500 , 3)
(13000 , 2)
(14600 , 1)
(16000 , 0)
[NOTE: a photo of the graph grid has not been provided in the photo so scaling may not be exact]
Please upload a photo of the grid you are given for a graph to size.
What other inspiring realizations helped Andrew Feld come up with the idea for his startup? List and rank them in order according to their impact and explain why you believe they had an impact.
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The other inspiring realizations that helped Andrew Feld to come up with the idea for his startup, Fresh Patch, were as follows:
Idea: His pet gave him some idea that he could build a patch bathroom to enable his dog to ease whenever nature comes calling. When he tried it out with the dog and saw the success, he engaged his need for income to start marketing the product to others.Necessity: Since he was unemployed with a pregnant wife, he realized that he could do something with his time. This made him to try the bathroom for dogs idea that his pet needed. He needed some income to cater for his family.A Big Vision: The other realization is that the first year could be tough and will-breaking. Then, he also realized that a big vision could be realized if one works hard at it.Thus, these realizations greatly helped Andrew Feld for his startup, Fresh Patch.
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Credit reporting agencies are required to exclude negative information that is older than five years old. A) True B) False
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Just took the test got it correct