Answer: $152
Explanation:
Imprest system simply refers to a form of accounting whereby there's a fixed amount that is maintained throughout the period. In such case, the opening balance and the closing account balance will remain the same.
In such system, a fixed amount is reserved, such that the money that was spent, will be replenished after a period of time. Therefore, since the spent $152, then the same amount will be replenished.
Immediately after taking office, President Roosevelt responded to the banking crisis by a restoring the gold standard to guarantee the soundness of American currency. b providing major federal loans to the largest and soundest banks. c nationalizing the ten largest banks in the United States. d establishing a new Bank of the United States to guarantee deposits. e closing all American banks for a week, while reorganizing them on a sounder basis
E:Managing the currency by closing down banks for a period of time
This noncancelable lease had the following terms: Lease payments: $3,402,858 semiannually; first payment at January 1, 2021; remaining payments at June 30 and December 31 each year through June 30, 2025. Lease term: 5 years (10 semiannual payments). No residual value; no purchase option. Economic life of equipment: 5 years. Implicit interest rate and lessee's incremental borrowing rate: 10% semiannually. Fair value of the computers at January 1, 2021: $23 million. What is the interest revenue that Technoid would report for this lease in its 2021 income statement
Answer:
$1,838,564
Explanation:
Calculation to determine the interest revenue that Technoid would report for this lease in its 2021 income statement
First step is to determine the interest for the first six months:l
Interest for the first six months=($23,000,000-$3,402,858)*5%
Interest for the first six months=$979,857
Second step is to Interest for the Second six months
Interest for the Second six months=($23,000,000 - $3,402,858 - [$3,402,858 - $979,857) × 5%
Interest for the Second six months=($19,597,142-2,423,001)*5%
Interest for the Second six months=$17,174,141*5%
Interest for the Second six months=$858,707
Now let determine the interest revenue
Interest revenue =$979,857+$858,707
Interest revenue =$1,838,564
Therefore the interest revenue that Technoid would report for this lease in its 2021 income statement is $1,838,564
Some industries’ competition is much more intense than others. Retail grocery stores such as Kroger, Safeway, and Albertson’s in the United States experience fierce competition and offer similar marketing campaigns to compete. What is this an example of in terms of Porter’s Five Forces Model? Multiple Choice rivalry among new entrants rivalry among existing competitors threat of substitute products or services buyer power
Answer:
rivalry among existing competitors
Explanation:
The Porters' 5 forces is used to analyse the competitiveness among firms in an industry.
Porter's 5 forces include :
Competition in the industry : the higher the number of companies in the industry, the lower the power an individual firm possesses. For example, if an industry increases it price, a consumer can easily shift to the consumption of substitutes Potential of new entrants into the industry : If there are low barriers to entry in an industry, firms in the industry experience greater competition Power of suppliers : the higher the number of suppliers in the industry, the higher the bargaining power of firms in the industry and the greater the power they possess Power of customers : the larger the number of customers, the greater the power firms possess Threat of substitute product : if there are little or no substitutes for the goods produced by companies, the greater the power the firms possessThe International Finance Corporation (IFC) performs which of the following functions? a. Provide loans and take equity position in private companies of developing countries and works toward developing capital markets in those economies b. Supports reconstruction and restructuring of member countries utilizing funds raised in international capital markets c. Provides long-term low-interest social sector and infrastructure loans to the poorest members utilizing foreign aid funds provided by rich nation members d. Works on issues related to foreign investment disputes e. Provides political risk coverage for private investments made in developing countries
Answer:
a). Provide loans and take an equity position in private companies of developing countries and works toward developing capital markets in those economies.
Explanation:
The key functions of IFC(International Finance Corporation) include 'offering loans and getting a hold on the equity stand in the private sector companies established in developing countries in order to build capital in such economies.' It also assists these countries in attaining sustainable growth and development by providing these financial fundings, deploying capital effectively, and proffering counseling services to these nations and the private businesses running across the country. Thus, option a is the correct answer.
If demand price elasticity measures 2, this implies that consumers would Group of answer choices buy twice as much of the product if the price drops 10 percent. require a 2 percent drop in price to increase their purchases by 1 percent. buy 2 percent more of the product in response to a 1 percent drop in price. require at least a $2 increase in price before showing any response to the price increase. buy twice as much of the product if the price drops 1 percent.
Answer:
buy twice as much of the product if the price drops 10 percent.
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases
Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price
If price elasticity is 2, it means that the percentage change in quantity demanded is twice greater than the percentage change in price
If price drops by 10%, and elasticity is 2, demand would increase by 20%
2 = percentage change in quantity demanded / percentage change in price
2 = percentage change in quantity demanded / 10
Percentage change in quantity demanded = 10 x 2 = 20
The McFadden Act of 1927 Select one: a. required that banks maintain bank capital equal to at least 6 percent of their assets. b. effectively prohibited banks from branching across state lines. c. separated the commercial banks and investment banks. d. effectively required that banks maintain a correspondent relationship with large money center banks.
Answer:
B) effectively prohibited banks from branching across state lines.
Explanation:
The McFadden Act of 1927 can be regarded as a piece of federal legislation which grant authority to
individual states to govern bank branches that is been located within the state. This also encompass branches of national banks that is been located within state lines.This acts gives room for national bank to operate branches as it is been permitted by state governments.
It should be noted The McFadden Act of 1927 effectively prohibited banks from branching across state lines.
Successful differentiation allows a firm to Multiple Choice attract many more buyers by charging a lower price than rivals and thereby take sales and market share away from rivals. command a premium price for its product and/or increase unit sales (because additional buyers are won over by the differentiating features). gain buyer loyalty to its brand (because some buyers are strongly attracted to the differentiating features and bond with the company and its products); and command a premium price for its product and/or increase unit sales (because additional buyers are won over by the differentiating features). gain buyer loyalty to its brand (because some buyers are strongly attracted to the differentiating features and bond with the company and its products). increase unit sales (because additional buyers are won over by the differentiating features) and lower incremental input costs.
Answer:
command a premium price for its product, and/or increase unit sales, and/or gain buyer loyalty to its brand.
Explanation:
Successful differentiation allows a firm to attract many more buyers by charging a lower price than rivals and thereby take sales and market share away from rivals, command a premium price for its product and/or increase unit sale, and gain buyer loyalty to its brand.
When a product or service offers unique and appealing features, some buyers become strongly attracted to it, forming a bond with the company and its products. This loyalty translates into repeat purchases and a decreased likelihood of switching to a competitor's offering.
Additionally, successful differentiation can increase unit sales by winning over additional buyers who are enticed by the distinctive features of the product. This expanded customer base contributes to higher sales volumes and improved market performance.
Lastly, differentiation can lead to lower incremental input costs. When a company stands out from its competitors, it may enjoy economies of scale, bargaining power with suppliers, or other cost advantages that result in reduced production costs. This can further enhance profitability and competitiveness.
In summary, successful differentiation allows a firm to attract more buyers, command a premium price, gain buyer loyalty, increase unit sales, and potentially lower incremental input costs.
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Trey has $25,000 in savings, two new laptops, two laser printers, and a variety of quality office furniture that he's using to start his new Internet auction startup business. This array of assets brought into a company is known as financing because Trey is using real personal assets rather than borrowing funds from outside sources (answer is one word).
Answer: Equity financing
Explanation:
When using Equity financing, the owners of the business are investing either their personal assets into the company or selling shares in the company and raising money from that.
Equity financing gives the person who invested an ownership portion in the company. The main difference between equity financing and leveraged financing is that with equity financing, you are not forced to make payments to the investors every period.
The Federal Securities Act and the Securities Exchange Commission aimed to a prohibit completely the sale of stocks on margin (i.e. with borrowed funds). b prevent interlocking directorates and business pyramiding schemes. c provide full disclosure of information and prevent insider trading and other fraudulent practices. d stop the practice of establishing interlocking directorates on America's corporate boards that produced controversial conflicts-of-interest in the governance of American businesses. e force stockbrokers to register with the federal government.
Answer:
c. provide full disclosure of information and prevent insider trading and other fraudulent practices.
Explanation:
The Security Act of 1933 was a step initiated towards the regulation of the stock market. The power was shifted from the hands of State legislation and granted to the federal government to regulate the stock market. It was also designed in a way that it provided the set of rules that helped in preventing any act of fraudulent. President Franklin D. Roosevelt signed and passed the act.
Flowers, a married taxpayer, purchased an annuity for $64,400 that will pay $700 per month over the life of Flowers and Flowers' spouse. At the time of purchase the couple's joint life expectancy was 23 years. Flowers received payment beginning April 1, year 1, amounting to $6,300 in the first year of the annuity contract. How much is includible in Flowers' gross income in the first year
Answer:
Explanation:
$6,300ANSWER: C. $4200
23 x 12 x 700= 193,200
64,400/193200=0.333
700*0.333 = 467 = 467*9= $4203
Industry value chains Multiple choice question. generally have little effect on the company's cost competitiveness and customer value proposition. include both suppliers and forward channel partners. do not take into consideration the buyer or end-user value chain. tend to be highly similar across industries.
Answer:
include both suppliers and forward channel partners.
Explanation:
An industry value chain can be defined as a physical representation of all of the activities and processes undertaken by a company or business firm for the manufacturing of goods and services, especially starting with the purchase of raw materials, manufacturing of finished goods and then ending with the delivery of the finished goods (products) to the market and consumers through a supply chain.
This ultimately implies that, industry value chains include both suppliers and forward channel partners.
In conclusion, an industry value chain should comprise of the margins of suppliers, value-creating activities and processes, costs, and forward channel partners.
The balance sheet of Tech Track reports total assets of $400,000 and $600,000 at the beginning and end of the year, respectively. Sales revenue for the year is $1,000,000 ($800,000 in the previous year), net income is $40,000, and net cash flows from operating activities are $50,000. How does Tech Track's asset turnover compare to the industry average of 2.0 times
Answer: Same as
Explanation:
From the information given in the question, the asset turnover of Tech Track will be calculated thus;
Firstly, Average Assets will be:
= (beginning Assets + ending Assets)/2
= ($400000 + $600000)/2
= $1,000,000/2
= $500,000
Then, the assets turnover ratio will be:
= Sales / average Assets
= $1,000,000 / 500,000
= 2 times
Therefore, Tech Track's asset turnover is same as the industry average of 2.0 times.
During her annual review, Susan admitted to her supervisor that she is more productive in a quieter environment. The openness of her office setting and the recent increase in staff that came to her for training made it difficult for her to process as many insurance claims in one day as she had accomplished in the past. The supervisor agreed to move Susan's desk to the back of the office, and create a barrier with plants. The supervisor would take a more active role in training new employees, so they would not be coming to Susan with questions. In HR, we refer to this action as creating
A) accommodations.
B) barriers to entry.
C) job enlargement.
D) consideration.
Answer:
A
Explanation:
Accommodation includes all adjustments made to the work environment, work schedule or work environment of an employee to make the job more convenient for the employee with the aim of increasing the employee's efficiency
Susan's work environment was unconducive for her, so some accommodations were made.
what are some choices you have made/could make that would influence your future choices and options?
i rly need someone's help asap, thanks in advance! (not business, it's career ed. just chose the subject closest to it).
Answer:
I would have good company.
I would ensure that I have good communication skills.
I would have a mentor in my choice of career/study or life in general.
I would have a personal relationship with God.
Explanation:
In order for me to influence my future choices positively,I have to uphold certain principles or values like honesty,open mindedness and tolerance so as to achieve my goals.
what are the possible issues of market demand and supply risks that encourage the supply chain partners to carry inventory?
Answer:
The main issue involved is the increase in price
Explanation:
In simple words, the main issue involved relating to carrying the inventory is that the price of the inventory or some core raw material might increase which will disrupt the profitability in a brief term.
This issue is very crucial for firms involved in industries which are competitive in nature and the increase in price cannot be directed towards the customers easily.
Upon graduating from college this year, you expect to earn $50,000 per year. If you get your MBA, in one year you can expect to start at $70,000 per year. Over the year, inflation is expected to be 5 percent. In today's dollars, how much additional (less) money will you make from getting your MBA (to the nearest dollar) in your first year?
Answer:
$16,666
Explanation:
Calculation to determine how much additional (less) money will you make from getting your MBA (to the nearest dollar) in your first year
Additional money=($70,000/(1+.05)-$50,000
Additional money=($70,000/1.05)-$50,000
Additional money=$66,666-$50,000
Additional money=$16,666
Therefore how much additional (less) money will you make from getting your MBA (to the nearest dollar) in your first year is $16,666
A felon planned to break into the rental storage unit next to his that contained valuable electronic equipment. He went to a hardware store to purchase a crowbar. The proprietor sold him the crowbar even though he told her that he needed it to break into someone's storage unit. After the purchase, the felon went to the storage facility with his friend. The felon told the friend that he had lost the key to his storage unit and did not have time to contact the facility's manager, so they needed to break into the unit to get his equipment. Because the felon had a bad back, the friend pried open the door with the crowbar and carried the equipment out to the car. A silent alarm was triggered and the pair were apprehended shortly after leaving the facility. Can the proprietor and the friend be convicted as accomplices to larceny
Answer:
Yes.
The proprietor and the friend were accessories to the crime. They could have prevented it, but they did nothing. The friend even participated actively in the robbery.
Explanation:
In criminal law, an accessory to a crime refers to a person who knowingly and voluntarily participates in the commission of a crime, for example, breaking rental storage. They can be categorized as before the crime (the proprietor who sold the crossbar) or after the commission of the crime (the friend that facilitated the robbery). Accessories to a crime need not be actually present at the scene of the robbery to be held liable for this crime.
What would be Tipical Day for a Doctor ?
Answer:
20 patients would be tipical Day for a doctor
hope it is helpful to you
Economics
A baker bought flour and other ingredients for $250.00 and spent $52.00
on distribution, sold the bread for $320.00. The value added is
a) $302.00
b)$52.00
c)$18.00
d) $622.00
Answer:
I'm pretty sure it's c.
Explanation:
320-250-52=18?
17. The matching principle requires that a) assets will be matched to the liabilities incurred to purchase them b) non-operating gains and losses should be netted against each other c) a proportion of each dollar collected will be assumed to be a recovery of cost d) revenues earned and expenses incurred in generating those revenues should be reported in the same income statement e) none of the above
Answer:
D
Explanation:
The matching principle requires that revenues earned and expenses incurred in generating those revenues should be reported in the same income statement
the purpose of this is to avoid misstating earnings
Assume two economies are identical in every way except that one has a higher saving rate. According to the Solow growth model, in the steady state the country with the higher saving rate will have ______ level of output per person and ______ rate of growth of output per worker as/than the country with the lower saving rate. A. the same; the same B. the same; a higher C. a higher; the same D. a higher; a higher
Answer:
a higher; the same
Explanation:
Solow's law attempts to explain how long term productivity is affected by capital accumulation and population growth.
As population increases the steady state of capital per person decreases.
However when the rate of savings is high in the economy there will be a larger capital stock and higher output in the long run.
If the economies are identical as is stated above the the rate of growth of output per worker will be the same.
Those economists who argue that a significant amount of crowding out exists believe that the impact of expansionary fiscal policy will be _________________ by the crowding out. Their reasoning is that if the government increases purchases, and finances that spending by borrowing money, spending in the private sector will _______________, leading ultimately to _____________ in aggregate demand.
Answer:
Those economists who argue that a significant amount of crowding out exists believe that the impact of expansionary fiscal policy will be ______reduced________ by the crowding out. Their reasoning is that if the government increases purchases, and finances that spending by borrowing money, spending in the private sector will _____decrease_______, leading ultimately to ______decrease______ in aggregate demand.
Explanation:
When a large government, like the U.S., increases its borrowing, it can set in motion a chain reaction of events triggering the curtailment of private sector spending. When this happens, economists describe it as a crowding-out effect. With such large borrowing by the government, the capital market is suffocated, leading to increased interest rates and less private investments.
In the context of work team processes, cooperative teamwork skills: Group of answer choices include the ability to have access to information for monitoring where the team and members are in the competition. include competitiveness and close monitoring. are those abilities that affect individual performance. are those activities essential to the effective interpersonal relationships within a group or a team.
Answer:
(D) include open communication, trust, personal integrity, positive interdependence, and mutual support.
Explanation:
With respect to the process made for the work team, the skills of the cooperative teamwork generally involves the open communication so that there is no misunderstand, also it includes the trust, mutual support, and other things so that the employees feel comfortable and they dont hesitate while asking anything
So as per the given situation, the above should be the answer
Cleopatra is a sales agent for Caesar under a written listing agreement to sell Caesar's home on the range. Tiberius and Claudius are unrepresented buyers interested in purchasing Caesar's home. Cleopatra tells Tiberius about Claudius' offer and tells him he must beat the offer; Cleopatra doesn't tell Claudius about Tiberius because she thinks Tiberius is a much better fit for Caesar's lovely Grecian-style mansion, and Claudius hasn't yet applied for financing with Roman Bank. What are Cleopatra's actions an example of
Answer:
Violating duty of fairness to Claudius
Explanation:
Duty of fairness is defined as the process by which administrative decisions are made in in a fair manner so that the affected parties have an opportunity to put forward their views before the decision is made.
This results in a more inclusive decision making process.
In the given scenario Cleopatra decided to tell Tiberius about Claudius' offer and tells him he must beat the offer; Cleopatra doesn't tell Claudius about Tiberius because she thinks Tiberius is a much better fit for Caesar's lovely Grecian-style mansion.
This is unfair to Claudius as preferential treatment is being given to Tiberius.
Which of the following will increase the money supply? Question 17 options: an increase in the discount rate (relative to the federal funds rate) a decrease in the required reserve ratio an open market sale by the Fed a and c b and c
Answer:
a decrease in the required reserve ratio
Explanation:
The Federal Reserve utilises various strategies to control money supply to the economy. Money supply is the amount of money that is held by by the public in an economy.
The various methods used by the Federal Reserve to regulate money supply includes discount rate, reserve ratio, and open market operations.
Money supply will increase when the reserve ratio for commercial banks is decreased. This means less of their funds is required to be witheld from the public.
On the other hand an open market sale will mop up the cash in the economy, and an increase in discount rate (rate of lending to banks) will also cause a decrease in money supply.
What effect would reducing income tax rates have on the interest rates of municipal bonds? A. Interest rates would rise because the reduction in income tax rates would make the tax-exempt privilege for municipal bonds less valuable and reduce the demand for municipal bonds. B. Interest rates would fall because the reduction in income tax rates would make the tax-exempt privilege for municipal bonds less valuable and reduce the demand for municipal bonds. C. Interest rates would fall because Treasury securities are now less valuable and more people will want to hold municipal bonds. D. Interest rates would rise because Treasury securities are now less valuable and more people will want to hold municipal bonds.
Answer:
A. Interest rates would rise because the reduction in income tax rates would make the tax-exempt privilege for municipal bonds less valuable and reduce the demand for municipal bonds.
Explanation:
In the case when the income tax rate is decreased on the municipal bonds so here the interest rate would increase as there is a decrease in the income tax rate due to which there should be the tax-exempt for the municipal bonds also it is less valuable. In addition to this, it also decrease the municipal bond demand
hence, the correct option is A.
A state licensing fee on sales of medical devices causes the supply curve for one type of device to shift from S1 (without the fee) to S2 (with the fee). The fee is based on number of units sold and therefore works like a per-item tax paid by sellers. Use the area tool to draw the area representing the state's monthly revenue from the licensing fee for this one type of device.
Answer: hello your question is incomplete attached below is the complete question
answer ; Government revenue from tax = $750,000 per month
Explanation:
Attached below is the required graph
Government revenue from tax ( per month )
= ( 450 - 30 ) ( 50 - 0 )
= $750,000 per month
Why are most cars manufactured in China?
Answer:
China remains the world’s largest automotive manufacturing country and automotive market since 2009. Annual vehicle production in China accounted for over 30 percent of worldwide vehicle production, which exceeds that of the European Union or that of the United States and Japan combined.
Explanation:
I found this on a website called statista.com I couldnt find why i am sorry
What does a person need if he or she is not able to pay for a planned purchase in full with a check or cash? A. a credit card B. a good credit score C. a long-term loan from a bank D. an interest-free loan from a credit union
Answer:
A. a credit card
Explanation:
A credit card can be defined as a small rectangular-shaped plastic card issued by a financial institution to its customers, which typically allows them to purchase goods and services on credit based on the agreement that the amount would be paid later with an agreed upon interest rate.
Generally, there are three (3) main types of credit card and these includes;
I. Debit card.
II. Prepaid card.
III. Retail charge cards.
A person needs credit card, if he or she is not able to pay for a planned purchase in full with a check or cash.
In conclusion, businesses or companies that avail their customers the opportunity to pay using a credit card will experience an increase in the number of customers that would patronize them because they are typically buying the goods and services on credit.
This jacket is so thin. It can't possibly keep out the rain."(Use the boomerang method.)
Answer:
The jacket is thin because it uses a fiber called thinsulate that enables it to have the lightest weight but is also the warmest.
Explanation:
In general marketing, the boomerang method refers to the 'reconstruction' of the customer's objection into the main reason for buying. In other words, using the same excuse that a customer has about a product to entice him/her to buy that product by reframing it as a selling point is known as the boomerang method.
In the given scenario, the customer's objection is about the thinness of the jacket can be used as a selling point by the salesman by stating that the lightness of the jacket is what makes it a good product. So, if the seller tells the customer "the jacket is thin because it uses a fiber called Thinsulate that makes it thin but also warm", then that will make it an interesting and important factor for the customer to like the product more.