Since marginal benefit of next piece of cake is more than marginal cost, she should definitely eat another piece of cake.
The marginal benefit and marginal cost are two metrics of the way a product's price or value changes. The consumer is impacted by marginal benefit, while the producer is influenced by marginal cost. When producing goods, pricing, and promoting a product, companies must take both ideas.
The highest amount of money a customer is ready to shell out for an added good or service is referred to as the marginal benefit. Satisfaction of customers generally decreases as intake rises. The transition in cost which happens whenever an extra unit of output of a good or service is generated is referred to as the marginal cost.
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Suppose a 95% confidence interval was made to estimate the monthly cost of internet service instead of a 90% confidence interval. How would the interval change?.
The 95% confidence interval will be wider than the 90% confidence interval.
In statistics, the likelihood that a population parameter will fall between a set of values for a certain percentage of the time is referred to as a confidence interval. Analysts frequently employ confidence ranges that include 95% or 99% of anticipated observations. Therefore, it may be concluded that there is a 95% likelihood that the real value falls within that range if a point estimate of 10.00 with a 95% confidence interval of 9.50 - 10.50 is derived using a statistical model.
The level of certainty or uncertainty in a sampling process is measured by confidence intervals.Additionally, they are employed in regression analysis and hypothesis testing.To determine statistical significance, statisticians frequently combine confidence intervals with p-values.95% or 99% confidence levels are most frequently used in their construction.Learn more about Confidence interval, here
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After a day of interviews for a new position your work is hiring for, you overhear your employer say that mark is a less risky hire than stephen. You know both of these individuals are well-qualified for the position, and they each would be outstanding co-workers. You hear a rumor that the reason that stephen wasn’t hired was due to the darker color of his skin than that of mark. What is this an example of?.
After a day of interviews for a new position your work is hiring for, you overhear your employer say that mark is a less risky hire than Stephen. You know both of these individuals are well-qualified for the position, and they each would be outstanding co-workers. You hear a rumor that the reason that Stephen wasn’t hired was due to the darker color of his skin than that of mark. This is the example of racial discrimination.
Is it possible to face discrimination during an interview?Employers are not permitted to treat job applicants differently on the basis of their race, color, religion, sex (including gender identity, sexual orientation, or pregnancy), national origin, age (40 or older), handicap, or genetic information.
Can the interviewer ask about race?In general, it is anticipated that information requests made before to employment will serve as the foundation for hiring decisions. Because of this, employers shouldn't ask for information that reveals or has a tendency to reveal an applicant's race unless they have a genuine business need for it.
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Vroom developed two decision trees to help managers decide how much subordinate participation to allow. One decision tree is to be used when the decision must be made quickly. When should the second decision tree be used?.
the degree to which subordinates should participate in the decision-making process, according to Vroom's decision tree approach the characteristics of the situation.
A subordinate is a person who's in a secondary rank. In a commercial enterprise putting, a subordinate is honestly an employee who isn't always of the management stage and responds to either a manager or a group of managers. Subordination includes figuring out one concept as much less vital than every other. Coordination and Subordination allow writers to make connections among ideas, emphasize sure thoughts as extra vital than others, and create transitions among exceptional thoughts. A manager role is given to a worker who has one or many employees reporting to him/her. A subordinate is a worker who reports to a supervisor.
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Which of the following is typically not a feature of savings accounts?
Answers:
No checks
Earns interest
Withdrawal limits
A debit card
Answer: No checks is not a feature of savings account
Explanation: No checks is typically not a feature of savings account. On opening a savings account we do get a passbook and checkbook facility. Cheques are used for quick withdrawal of money or submission of funds
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a document that totals what the customer owes is called
Answer:
An Invoice
Hope this helps!
Have a good day :)
Answer:
an invoice
Explanation:
=)
Modern managers may change the definition of from a task you do for a specific time and in a specific place to something you may do anywhere and anytime. True or false?.
owen is exploring possible career pathways in logistics and transportation. he likes problem solving and is very passionate about helping to keep the planet safe. what career pathway might be a good fit for owen?
Owen is researching potential career paths in logistics and transportation. He enjoys problem solving and is deeply committed to helping to keep the planet safe. Distribution and Logistics could be a good career path for Owen.
What are the various career options?Knowledge-based, skill-based, entrepreneur-based, and freelance are the four types of career paths. Every career path requires a specific set of qualifications to help you do your job. Knowledge-based career paths allow you to apply what you've learned over time to your job. Career Pathways is a workforce development strategy used in the United States to assist workers in making the transition from education to and through the workforce. The National Career Clusters Framework classifies jobs into 16 groups based on shared skill sets, interests, abilities, and activities. Career pathways are sub-groupings of the clusters. The National Career Cluster Framework includes 79 career paths.To learn more about Career paths, refer to:
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Answer:
The answer is
Health, Safety, and Environmental Management
Explanation:
Other than I took the k12 Career test, we can know that this is the correct answer because, as we see in the passage Owen is very caring to the environment and life around him, and this is the only answer/option that includes that
Have a good day good luck on the rest of the quiz!!
drew suspects that his shift leader is stealing from the cash drawer at the end of his shift. they frequently work together and drew contemplates if he should report this incident. the reason for avoiding this conflict is
C. The potential for backlash
While this cannot be avoided, one of the reasons for avoiding this conflict is the possibility of backlash from the shift leader.
Conflicts in organizations also lead to disrespect and unnecessary tensions. Individuals gossip about others and pollute the environment; you may be an excellent performer and a diligent worker, but if you continue to backlash with your coworkers, you will undoubtedly earn a bad reputation.
When is it appropriate to avoid it:
When a problem is trivial and other problems are more important or pressing, devote your time and energy to the latter.When there is no opportunity to address the issue constructively, attempting to solve it will be futile and may worsen the situation.To learn more about backlash, refer:
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The complete question is:
Drew suspects that his shift leader is stealing from the cash drawer at the end of his shift. They frequently work together and Drew contemplates if he should report this incident. The reason for avoiding this conflict is
Multiple Choice
A. the possibility of a promotion.
B. he enjoys confrontation.
C. the potential for backlash.
D. he’ll have a better workplace relationship.
E. it will decrease his stress.
several companies produce latex gloves that are used in a variety of different industries. if one of the glove manufacturers decreases its price by just two percentage points, it will result in an increase in quantity demanded of about 10 percent. the demand for latex gloves is
If one of the glove manufacturers reduces its price by just two percentage points, the amount requested will increase by around 10%. The demand market for latex gloves is elastic.
Demand
Demand is an economic notion that refers to a consumer's desire to buy products and services as well as their readiness to pay a certain price for them. When the price of a commodity or service rises, the quantity required falls. Similarly, lowering the price of an item or service raises the quantity demanded. Demand is a term that both customers and businesses are familiar with because it makes sense and occurs organically throughout almost any day.
Latex is the most commonly used glove material. It is a biodegradable substance derived from the latex ducts of rubber trees. Despite the advancement of synthetic fabrics, it remains the most elastic, resilient, and form fitting glove material.
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project managers employ lots of useful tools, many supported by software. wbs, schedules, and budgets are tools taken from the dimension of the project management process.
Project managers employ lots of useful tools, many supported by the software. WBS, schedules, and budgets are tools taken from the Technical dimension of the project management process.
The technical dimension is a general environmental dimension that includes scientific and technological progress in industry and society as a whole. Technical aspects included scientific and technological advances in specific industries and society at large.
One of the most important characteristics of being human, language belongs to the technical dimension (it is a tool). There were also means of communication such as radios, telephones, televisions, books and typewriters (computers today).
The technology aspect focuses on identifying how technology is integrated into the current organization. This technical dimension asks whether companies offer digital solutions to their customers in their products and services, and whether digital communications and e-commerce are applied.
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a customer of juice store returned merchandise with a cost of $25 and a selling price of $40. juice store gave the customer a cash refund because the customer had previously paid their account in full. the journal entry to record the cash refund to the customer includes: multiple choice question. a debit to sales returns and allowances and a credit to cash for $40 a debit to sales returns and allowances and a credit to cash for $25 a credit to sales returns and allowances and a debit to cash for $25 a debit to merchandise inventory and a credit to cost of goods sold for $25
The journal entry to record the cash refund to the customer includes a debit to Sales Returns and Allowances and a credit to Cash for $40.
An item is returned to the seller by a customer or client as a sales return.
Refund policies are customizable by businesses. There are other options, such as allowing free returns within a set time limit, imposing a restocking cost, or only allowing returns with a receipt. A shop credit or exchange may be available from some businesses. Accountants can enter these transactions in a sales returns account after confirming a return complies with a company's policy.An allowance is a reserve set aside in anticipation of costs that will arise at a later time. By creating a reserve, a cost that would have otherwise been recognized in a later period is instead recognized sooner, into the present period.Learn more about Sales return, here
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virtually all colleges and universities have alumni associations that publish magazines, hold reunions, and try to raise funds. these activities constitute organization marketing.
Virtually all colleges and universities have alumni associations that publish magazines, hold reunions, and try to raise funds. these activities constitute organization marketing- true
The organization marketing serves as the forum for making choices regarding all aspects of marketing, including products, distribution methods, prices, and promotions.
It develops the hierarchical relationships between marketing personnel and specialists who are in charge of designing and executing the crucial marketing strategies required for the success of any commercial organization. Consequently, we can define a marketing organization as an organizational structure that aids in making decisions on production, packaging, price, advertising, sales promotion, trade mark, routes of distribution, etc.
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suppose that guru and premier produce only beats and rhymes. guru can produce at most 400 beats or 1000 rhymes in a year. premier can produce at most 100 beats or 200 rhymes in a year. use the principle of comparative advantage (and maybe ppfs for the two musicians) to determine who should specialize in which activity.
Guru has an absolute advantage in producing both beats and rhymes, but should specialize in rhymes.
Specialization is the process of limiting the range of products produced. This is advantageous because certain persons perform specific occupations better than others, and create particular things more readily than other regions and individuals. The capacity of an economy to produce a certain item or service at a lower opportunity cost than its trade counterparts is known as comparative advantage. Opportunity cost is a new consideration in the idea of comparative advantage when comparing various manufacturing possibilities.
These marketing initiatives frequently concentrate on the advantages and excellence of the product that may draw potential buyers. 400 beats or 1000 rhymes in a year are comparable. Whereaas, Premier can only create 100 beats or 200 rhymes each year at maximum. According to the theory of comparative advantage, Guru has a distinct edge in making rhythms and rhymes, but should focus on the latter.
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the table represents the consumer price index for a basket of goods and services for three consecutive years. calculate the inflation rate of 2014
The inflation rate for 2014 given the CPI from 2012 to 2014 is 44%.
What is the inflation rate?Inflation is when the general price levels in an economy is rising. Inflation can be as a result of an increase in the cost of product or as a result of an increase in the demand for a good or service.
Consumer price index also known as CPI measures the price levels of a basket of goods purchased by consumers in the economy. Consumer price index data is released every month. It measures the changes in the price levels of a basket of good. Thus, the consumer price index is an indicator of inflation levels in the economy.
Inflation = (CPI in 2014 / CPI in 2013) - 1
(180 / 125) - 1 = 0.44
0.44 x 100 = 44%
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Which module is an elective part of the CTL program? A. Logistics Management B. Lean Logistics C. International Transport and Logistics D. Transportation Economics Management E. Transportation Logistics Management
The module that is an elective part of the CTL program is the Lean Logistics.
What is the CTL program?It refers to the short form of Certification in Transportation & Logistics his program offers the designation of CTL to the candidates who demonstrate their understanding of the fundamentals of the profession.
The other module that are elective part of the CTL program includes the:
General Management Principles & Techniques,Creative Component,Supply Chain Management,Logistics & Supply Chain Strategy,Logistics Finance.Therefore, the Option B is the correct answer.
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in internet-enabled supply chain management (scm), activities such as coordinating just-in-time (jit) inventory programs with vendors and suppliers and conducting customer demand analysis are part of .
The internet-enabled supply chain management (scm), activities such as coordinating just-in-time (jit) inventory programs are part of (A) production scheduling
The process of organising, managing, and optimising work and workloads in a manufacturing or production process is known as scheduling. Scheduling is used to distribute resources for equipment and buildings, prepare for human resources, organise work processes, and buy goods.
Scheduling planning is the process of assigning different raw materials, resources, or processes to different products. It is designed to make your manufacturing process as efficient and cost-effective as possible in terms of materials and people – all while delivering products on time
Complete Question
In Internet-enabled supply chain management (SCM), activities such as coordinating just-in-time(JIT) inventory programs with vendors and suppliers and conducting customer demand analysis are part of _____
(A) production scheduling
(B) procurement
(C) inventory management
(D) order processing
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the adjusted trial balance is prepared a.to verify the equality of total debit and credit balances. b.to determine the net income or loss. c.to determine whether the balance sheet is in balance. d.all of these choices are correct.
The adjusted trial balance is prepared-b.to determine the net income or loss
To ascertain net income or loss, the income statement is prepared.
Prior to creating the balance sheet, the adjusted trial balance is created. Therefore, it is possible to tell whether or not the balance sheet will be balanced once it has been prepared.
According to the double entry system, every transaction contains two components. One involves receiving, while the other involves giving. As a result, the transaction is broken down into a credit or providing aspect and a debit or receiving element.
The two aspects are recorded to balance the transaction. As a result, the amount of debit and credit must always be equal.
To demonstrate whether the two totals are equivalent, a statement is created. This statement is called the trial balance. An unadjusted or adjusted trial balance is prepared to show that the total debit is equal to total credit.
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What term is used to describe the process of eliminating a dimension of a data cube, such as might be done when summarzing product sales by quarter into total annual sales?.
The term that used to describe the process of eliminating a dimension of a data cube, such as might be done when summarizing product sales by quarter into total annual sales is data reduction.
Data reduction can be described as a process of reducing the amount of capacity required to store data. Data reduction can reduce costs and increase storage efficiency. Storage vendors will often describe storage capacity in terms of effective capacity and raw capacity, which refers to data after the reduction. here are at least four types of Non-Parametric data reduction techniques, such as:
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An investment of $2,000 is earning interest at the rate of 6.2% compounded quarterly over 5 years. approximately how much interest is earned on the investment? a. $724.67 b. $2127.72 c. $720.37 d. $2720.37 please select the best answer from the choices provided a b c d
An investment of $2,000 is earning interest at the rate of 6.2% compounded quarterly over 5 years. Interest is earned on the investment is $720.37.
Define compound interest.Compound interest, which is defined as interest on principal plus interest, refers to the practise of adding interest to the principal of a loan or deposit. Instead of paying it out or seeking repayment from the borrower, interest is reinvested, or added to the capital lent, to increase future interest earnings on the principal sum as well as accrued interest. Compound interest is a prominent concept in finance and economics. Simple interest does not compound because, unlike compound interest, it does not raise the principal of the current period with previously earned interest.
The interest per period multiplied by the number of periods in a year yields the simple annual interest rate.
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The risk that interest rates will increase, and that increase will lead to a decline in the prices of outstanding bonds, is called interest rate risk, or price risk. True or false?.
The given statement is True i.e., the risk that interest rates will increase, and that increase will lead to a decline in the prices of outstanding bonds, is called interest rate risk, or price risk.
Interest rate risk is the potential that a change in overall interest rates will reduce the value of a bond or other fixed rate investment. As interest rates rise bond prices fall, and vice versa. This means that the market price of existing bonds drops to offset the more attractive rates of new bond issues.
Interest rate risk is measured by a fixed income security's duration, with longer-term bonds having a greater price sensitivity to rate changes.
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nadia needs help running her bakery. nadia contacts her friend zoey, who has baking experience but lives in another state, and offers zoey a job. nadia orally promises zoey that she will employ zoey for at least two years. zoey quits her job in the other state, moves her family, and begins to work for nadia. after three months, nadia terminates zoey’s employment. zoey sues nadia, claiming they had a contract for two years. if nadia defends the lawsuit by claiming the contract could not be enforced because it violates the statute of frauds, the court will likely hold in favor of:
In a case whereby zoey sues Nadia, for terminating her appointment after three month claiming they had a contract for two years, since it violates the statute of frauds, the court will likely hold in favor of C. Zoey, under the theory of promissory estoppel.
What is a contract?A contract can be described as the agreement that existed between two or more people which can be considered binding under the law and any breach to that contract will attract a penalty to the party that brought about the breach.
It should be noted that this case above can seen as a a breach because the agreement was two years but the employer decide to terminate the contract after three month, which means that the court will be in the favor of Zoey because the violation can be attributed to the theory of promissory estoppel , which implies that the employer will be penalized.
Therefore, option C is correct.
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Check the missing options:
A. Nadia, because enforcement of the promise is necessary to avoid injustice.
B. Zoey, because the agreement violated the statute of frauds.
C. Zoey, under the theory of promissory estoppel.
D. Nadia, under the theory of promissory estoppel.
when quantity demanded has increased at every price, it might be because group of answer choices the costs incurred by sellers producing the good have decreased. the number of buyers in the market has decreased. the price of a complementary good has decreased. income has increased, and the good is an inferior good.
When a quantity demanded has increased at every price, it might be because the price of a complementary good has decreased.
What is a quantity demanded?Basically, in economics, a demand refers to the quantity of a good that consumers are willing and able to purchase at various prices during a given time. The term "quantity demanded" means the total amount of a good or service that the consumers demand over a given interval of time.
Most times, a quantity demanded depends on the price of a good or service regardless of whether that market is in equilibrium or not. In this context, when it increases at every price, it could be because the price of a complementary good has decreased.
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one benefit for a business of having full-time employees.
Full-time employees can give your company scheduling security, consistency in the flow of goods or services, and overall labor management consistency.
What are the benefits of Full-time employees?Full-time employees can give your company scheduling security, consistency in the flow of goods or services, and overall labor management consistency. Because you won't have to pay as much when there are lulls in workflow or provide healthcare and other benefits, part-time employees can save your business money.
Parental leave and life insurance are two additional perks. A drawback of hiring full-time employees for the business is the requirement to make salary payments even during lean or reduced periods of corporate income. The employee's reduced flexibility for other daily tasks is a drawback.
However, hiring a permanent employee is frequently your best option if you need this particular skill set to be available over the long term. The likelihood that the new hire will stay for the long term will likely increase as a result of their increased sense of loyalty in a permanent position.
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using the average-cost method, calculate the cost of ending inventory and cost of goods sold for corporation. (round the average cost per unit to the nearest cent.) loading...(click the icon to view the data.) question content area bottom part 1 the cost of ending inventory is $530 part 2 the cost of goods sold is 1545\
When determining inventory value, an accounting calculation called the average-cost method is employed which is 53× $10, or any event equation.
How to solve average-cost, and (COGS)?Businesses might benefit from the average-cost method for several reasons. It uses the weighted average of all the inventory that the company bought over a certain period to value the cost of goods sold (COGS).
consider the value $530 can be satisfied through following methods.
If quantity of perches is 53, and the value per purchase is $10, and any date or time.
∴ quntity of perches × value per purchase.
= 53×$10
=$530.
You can take any relevant equation.
The time frame may be a month, a quarter, or a whole year as long as it is constant. The cost of items that are remaining on hand as inventory is also given value in addition to the cost of goods sold.
Ex: $485 + $530 + $530 = $1545.
Businesses must include the cost of goods sold (COGS) on an income statement to maintain correct financial records. The company's gross margin is then calculated by subtracting the COGS amount from sales revenue.
$1545 - 0 = $1545.
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What is the MOST effective first step in creating a rational and easy-to-process presentation? Question 12 options: State the key message up front. State each main point as if it's a separate idea. Include many visuals without context. Summarize all the evidence that supports the key points.
The most effective first step in creating a rational and easy-to-process presentation is option d: Summarize all the evidence that supports the key points.
What is effective presentation skills?The typical purpose of a presentation is to enlighten, as well as convince, inspire, and also motivate, or offer a new idea or product. Presentations can also include speeches, introductions, as well as lectures, or demonstrations. It is one that entails Preparation, planning, organizing, also writing, and others.
A good presentation should be focused on the subject and be brief. It shouldn't veer off course. The necessary information should be capable of being communicated through a strong presentation. During the presentation, the anxiety should be transformed into a motivating force. When making a presentation, remain composed and at ease.
Therefore, note that Good presentations stick in people's minds. They include visuals, drawings, and statistics in a style that makes them simple to recall and as such, one need to tell the summarize message first.
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when the units produced are greater than the units sold, absorption costing income will be greater than variable costing income because absorption costing defers some fixed manufacturing overhead cost in ending inventory whereas variable costing expenses each period’s fixed manufacturing overhead on the income statement.
The correct option is c. This means that when units produced are more than units sold absorption costing income will be more.
A managerial accounting technique known as "absorption costing," also known as "full costing," is used to record all expenses related to producing a specific product. This strategy accounts for both direct and indirect costs, including direct material and direct, direct labor, rental, and insurance. Because it assigns fixed overhead expenses to each product unit that is produced throughout the time, absorption costing varies from variable costing. Every expense is assigned to manufactured goods, regardless of whether they are sold by the conclusion of the month, in contrary to the variable costing method.
Which of the following statements is true?
a. When the units produced are greater than the units sold, absorption costing income will be greater than variable costing income because absorption costing releases some fixed manufacturing overhead cost from ending inventory whereas variable costing expenses each period's variable manufacturing overhead on the income statement.
b. When the units produced are greater than the units sold, absorption costing income will be less than variable costing income because absorption costing defers some fixed manufacturing overhead cost in ending inventory whereas variable costing expenses each period's fixed manufacturing overhead on the income statement.
c. When the units produced are greater than the units sold, absorption costing income will be greater than variable costing income because absorption costing defers some fixed manufacturing overhead cost in ending inventory whereas variable costing expenses each period's fixed manufacturing overhead on the income statement.
d. When the units produced are greater than the units sold, absorption costing income will be less than variable costing income because absorption costing releases some fixed manufacturing overhead cost from ending inventory whereas variable costing expenses each period's variable manufacturing overhead on the income statement.
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If you spend $15 a week on coffee, what would be the future value of that amount over 10 years if instead of buying coffee you saved the money at the end of each year in an account with 3% APY?
Answer:
$ 19.5
Explanation: If you save $15 instead of spending it on coffee, you would be receiving simple interest of 3% pa for 10 years. At the end of the tenth year the total interest amount you would receive would be 30% of $ 15 ie; $ 4.5
3% pa for 10 years = 30% at the end of 10 years
30% of $ 15 = $ 4.5
The aggregate amount saved at the end year is
$15 + $4.5 = $19.5
a company issues $50,000 of 5%, 10-year bonds dated january 1 and pay interest semiannually on june 30 and december 31 each year. the bonds are sold for $48,000. using the straight-line amortization method, the company will amortize the discount by $ on each semiannual interest payment.
The Debit to Cash $500,000; and credit to Bond Payable $500,000 for the above situation .
What is semiannual interest payment ?
Something that is paid, reported, published, or otherwise occurs twice a year, often once every six months, is referred to as semiannual. Semiannual simply means that something happens twice a year. For instance, a business might throw company celebrations every two years, a couple might celebrate their marriage every two years, and a family might take a vacation every two years. Anything that occurs twice a year occurs every two years.
Understanding semiannual is crucial when buying bonds. The yield that a bond pays to its bondholder is typically used to define the bond. A bond worth $2,000, for instance, might have a yield of 5%. To comprehend the payment you would get as the bondholder, it is critical to know whether this 5% is paid annually or semiannually.
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contract manufacturers who manage their customers' entire product lines and offer services ranging from inventory management to delivery and after-sales services are prime examples of vertical integration.
Vertical integration is exemplified by contract manufacturers who manage their customers' entire product line and provide services ranging from inventory management to delivery and after-sales services. This is a false statement.
What Exactly Is Vertical Integration?Some manufacturers use vertical integration to manage all aspects of the product development-to-delivery process. With these robust internal capabilities, manufacturers can design, engineer, test, mill, mold, mass produce, and distribute from a single source.Vertical integration entails acquiring or developing one or more critical components of a company's manufacturing process or supply chain. Vertical integration can be seen in Netflix's shift from licensing shows and movies from major studios to producing its own original content. Vertical integration is an expansion strategy in which one company takes control of one or more stages of a product's production or distribution. Vertical integration allows a business to operate and direct different aspects of its manufacturing, distribution, and sales operations.
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suppose the price of apple pie were to fall to $2.25 per slice. at this lower price, dina would receive a consumer surplus offrom the 8th slice of apple pie she buys.
Answer:
ok whats the question
Explanation: