after visiting several automobile dealerships, richard selects the car he wants. he likes its $18,000 price, but financing through the dealer is no bargain. he has $3,600 cash for a down payment, so he needs a loan of $14,400. in shopping at several banks for an installment loan, he learns that interest on most automobile loans is quoted at add-on rates. that is, during the life of the loan, interest is paid on the full amount borrowed even though a portion of the principal has been paid back. richard borrows $14,400 for a period of six years at an add-on interest rate of 10 percent.

Cultural factors shape how a person ideally wants to feel, while temperamental factors shape how a person actually feels according to the affect valuation theory.

Temperament theory can be described as a four organizing patterns of personality and is based in descriptions of behavior that go back over twenty-five centuries. Temperament theory tell us the “why” of behavior, our motivators, and sources of deep psychological stress.

Cultural factors can be described as a set of values and ideologies of a particular community or group of individuals. Cultural factor is the culture of an individual which decides the way he/she behaves or in simpler words, culture is nothing but values of an individual.

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The unemployment rate is 12.0 percent.

A discouraged worker is someone who can work and is qualified for employment but is not already working and has not looked for work in the past four weeks. Typically, discouraged job seekers have given up looking for jobs because they were unable to find suitable employment opportunities or were unsuccessful in their job applications.

The total number of persons in an economy who are involuntarily working in low-skill and low-paying occupations or only part-time because they are unable to find full-time positions that utilize their skills is known as underemployment.

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When firms price-discriminate, people with lower price elasticity of demand will pay higher prices relative to those purchasing the same product who have a higher price elasticity of demand.

Price elasticity of demand is a concept which measures the change in market demand that is taking place due to change in price of the commodity. It simply measures whether demand of the products change at same rate as their prices change or not.

As we know when the market prices of commodities changes, their demand fall sharply but the fall in demand is not same in every case, for some goods the demand fall exactly in same percentage as price go up, but in some cases, demand may fall less than the rate of increase in price or in some cases it may also fall more. Price elasticity of demand give us exact measure of the change in market demand due to change in price.

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Answer:

about 18.662 million barrels per day

Explanation:

We should build new skills because with the emergence of new and highly advanced technologies the employer-employee should have updated in order to deal with the new technologies and dictionaries for example with the remittance of a covid-19 pandemic situation.

This epidemic because they weren't suitable to work from their home base because that doesn't have any computer proficiency or skill the people who are working white collar jobs with education qualification and chops aren't negatively impacted by the covid- 19 epidemic because they were suitable to work from the home base by using the computers systems and advanced Technologies CEO for the coming times nearly all the unskilled workers will be replaced with the Missionaries and a largely professed workers and thus we should have to make new chops in order to contend in the coming times of the world and to cover ourselves from the dangerous impact of the severance

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The panaview model has a lower price than the zony model can be determined as:

1. Unit of account

2. Store of value

3. Medium of exchange

The standard amount of money used by accountants, economists, and investors to quantify value is known as a unit of account. A unit of account offers a standard point of comparison for communicating value across various items.

Anything that is fungible, countable, and divisible can be employed as a unit of account. A common example of an account unit is money. Aside from currency, other units of account include gold and other precious metals.

A medium of exchange is a device or system that acts as a middleman in transactions involving the exchange of goods between parties. A system must represent a standard of value in order to serve as a medium of exchange. All parties must concur to that norm as well.

1. Unit of account

2. Store of value

3. Medium of exchange

The complete question is:

larry has saved $30 per week to buy a new Blu-Ray player. He compares two different models: a Panaview that is priced at $130 and a Zony model that is priced at $140. larry decides to purchase the Zony Blu-Ray player for $140.Identify what role money plays in each of the following parts of the story.1. larry can easily determine that the Panaview model has a lower price than the Zony model.2. larry saved $30 per week.3. larry pays $140 the Blu-Ray player. Options: Medium of exchange, Unit of account, Store of Value.

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Data mining is the phrase used by IBM to describe the process of using data to discover patterns, get insights, and comprehend what is going on in your organization.

Data mining, also known as knowledge discovery in data (KDD), is the practise of mining massive data sets for patterns and other relevant information.

Because of the advancement of data warehousing technologies and the rise of big data, the use of data mining techniques has accelerated during the last several decades, supporting businesses in translating raw data into valuable knowledge.

Through smart data analytics, data mining has enhanced corporate decision-making. The data mining techniques that enable these studies serve two purposes: they may either describe the target dataset or forecast outcomes using machine learning algorithms.

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When Corey's boss gave him an appraisal of his work, the manager reminded him that organization. The procedural justice principle served as the basis for Corey's manager's performance evaluation.

The concept of fairness and equity within the organization is impacted by procedural justice. A significant HR difficulty for organizations is to ensure equity throughout all employee levels, without taking into account their cultural background, pertinent experience, or value to the company. The idea of procedural justice is used in this situation to distribute resources and settle conflicts. It also organization has something to do with the legal system and how justice is administered in disputes.

Making judgments and establishing policies within an organization are both covered by procedural justice. It guarantees that, regardless of the circumstance, the most respectful and just decision is made. All working personnel in a business division must be covered by any policy that is established for that division.

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The complete question is

When Corey's manager gave him his performance evaluation, his manager reminded him that his sales were low because the product had come out late, so he would not be penalized for it. Corey's manager used the principle of ________ justice to evaluate Corey's performance.

Cineplanet is a movie-film-based entertainment company that provides specialization in the mechanism of cinema and film exhibitions.

Cineplanet was facing a lot of challenges and problems recently that majorly including rising customer satisfaction and consumers asking for something new and innovative that results in something else than their previous experiences.

The cine-planet's motivation to redesign the customer experience is based on some goals.

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The biggest problem with using ranking as a performance measure is that it raises questions about fairness due to low validity. Option B

This is further explained below.

Generally, Rating systems evaluate an employee's performance in relation to a predetermined benchmark.

The rating is completed by specifying desired goals, abilities, or characteristics besides a scale, which may be 1–5, a 'poor to exceptional' sort of scale.

Input, output, efficiency, quality, and the result are the five particular kinds of metrics that have been discovered, defined, and will be implemented throughout the whole of the Iowa state government.

In conclusion, The most significant issue with using rankings as a method for evaluating performance is that it gives rise to concerns about equity as a result of its poor validity.

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Data management is an approach to managing information across an entire organization. Your ability to handle your data for many use cases is made possible by using a data management platform. For instance, a data management platform might gather consumer information from various sources, evaluate it.

Arrange it so that it can be divided into groups according to the customers' past purchases. Platforms for data management may be located on-site. In order to make judgments and conduct activities that will benefit the business as much as possible, data management information to assist individuals, organisations, and linked things in optimising the use of data within the constraints of policy and regulation.

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Indicate whether each type of private spending is intended for consumption or investment.

Utilizing resources to fulfill present needs and desires is referred to as consumption. In contrast, investing is making purchases in order to generate future income. A key concept in economics, consumption is also explored in many other social sciences.

An investment is a purchase made with the hope of generating income or capital growth. Appreciation is the term used to describe how an asset's value grows over time. A person invests in a good with the intention of using it to build wealth in the future rather than for current consumption.

The cash needed to start a new business is known as startup capital. Startup finance may come from the firm owner, come from crowdfunding, or come from a variety of other sources of investment. A business can expand and generate money if it has initial capital.

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I understand that the question you are looking for:

Societies choose what share of their resources to devote to consumption and what share to devote to investment. Some of these decisions involve private spending; others involve government spending.

For each form of private spending, indicate whether it represents consumption or investment.

People buying washing machines.

Firms buying automobiles for delivery services.

People buying automobiles.

Firms buying machines.

1. Does this situation represent a loss contingency?

since warranty liabilities are both probable and can be measured, yes, they are considered loss contingencies

2. Prepare journal entries that summarize sales of the awnings (assume all credit sales) and any aspects of the warranty that should be recorded during 2021.

to record sales revenue

Dr Accounts receivable 5,800,000

Cr Sales revenue 5,800,000

to record warranty liability

Dr Warranty expense 174,000

Cr Warranty liability 174,00

warranty liability = $5,800,000 x 3%

To record actual warranty expenditures

Dr Warranty liability 51,000

Cr Cash/inventory/wages payable 51,000

3. What amount should Cupola report as a liability at December 31, 2021?

Warranty liability account's balance on December 31, 2021 = $174,000 - $51,000 = $123,000

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Three types of consumers in equal proportion

a)60+15=75 , 35+30=65 , 10+40=50

Scheme A is a revenue-maximizing component pricing scheme because it is generating a revenue of 75 dollars which is greater than both of the other schemes.

b) 60+15=75 , 35+30=65 , 10+40=50 (dollars for both shows collectively)

In the case of a triplet of consumers, revenue of 225, 195, and 150 dollars could be earned.

c) Individual price for each show is 60 and 15 dollars for type A customers and the bundled price is 75$. 35 and 30 for type B with the bundle price of 65$ and 10, 40 for individual shows, and 50$ for a bundle of both shows.

d) Bundling can increase revenue as the preference of the people would be constrained and consumers must have to take a bundle for the consumption of individual offers.

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The principle amount is $120000 for time period of 20 years first at 6 percent the value of her investment is $384,856.26, next with same principle and time but 4 percent rate value of investment is $262,934.78.

The value of her investment been calculated using the annual compound interest formula of P× (1+R/100)∧20, for 6 years it has been done using the following way 120000× (1+ 6/100)∧20 = 384,856.26 and for 4 years it has been compounded annually using the following way  P× (1+R/100)∧20, 120000× (1+ 4/100)∧20.

The sum of money a trader would spend to purchase a property is its investment value. It speaks of the precise worth of an asset determined by a set of criteria. It is a person's estimation of the asset's fair market worth.

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12.50% is the firm's expected rate of return. As dothan inc.'s stock has a 25% chance of producing a 44% return, a 50% chance of producing a 12% return, and a 25% chance of producing a -18% return. Hence, option A is correct.

A rate of return is the net gain or loss of an investment over a specified time period expressed as a proportion of the investment's initial cost (RoR). 1 When calculating the rate of return, you decide what percentage changed from the beginning of the period to the conclusion.

The annual rate of return serves as a proxy for the value change in terms of a percentage for an investment. For instance, if you project a 10% annual rate of return, you're betting that the value of your investment will increase by 10% every year.

Thus, option A is correct.

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The biggest component of gdp using the expenditure approach is​ consumer expenditures and the biggest component of gdp using the income approach is​ wages.

The market worth of all the final goods and services produced and sold (not resold) in a certain time period by countries is measured in dollars using the term "gross domestic product" (GDP). This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is.

To compare living standards between countries, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful, whereas nominal GDP is more useful for comparing national economies on the global market. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries.

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Explanation:

Effect of Technology on Demand:

Changes in technology can affect the demand for different products or the demand for related products. It can increase the market for a product by increasing the demand for a new product and making an older product obsolete.

If i pay off my entire credit card bill before this date, i do not have to pay interest on the money i have borrowed on my credit card. It is called Credit card interest-free period or grace period

   The time between the conclusion of a billing cycle and the day on which your payment is due is known as a grace period.

If you settle your debt in full by the due date, you could not be assessed interest during this time. Companies that accept credit cards are not compelled to offer a grace period. The majority of credit cards do, however, offer a grace period for purchases. You can escape paying interest on future purchases if you settle your balance in full by the due date if your card has a grace period and you are not bearing a balance. You will be charged fees on the percentage of the debt that is not paid by the due date if you forfeit your grace period by not making a full payment by that date.

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If the correlation coefficient between the two stocks in a two-stock portfolio remained constant, the risk of the portfolio would decrease.

The required details for correlation in given paragraph

Any statistical relationship, whether causal or not, between two random variables or bivariate data is referred to in statistics as correlation or dependence. In statistics, "correlation" typically refers to the strength with which a pair of variables are linearly related, even though in its broadest sense it can denote any kind of association. The relationship between a parent's height and that of their children is a well-known example of a dependent phenomenon, as is the relationship between a good's price and the quantity that buyers are prepared to buy, as shown in the so-called demand curve.

Because they can reveal an exploitable predictive link, correlations are helpful.

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The demand and supply graphs for each of the following scenarios described are attached accordingly. See related conceptual definitions below.

Milk is used in the preparation of cookies. When the price of milk rises, so will the cost of producing cookies. The supply curve swings to the left and narrows. The equilibrium price rises from p1 to p2, while the quantity falls from q1 to q2.

Flour is used in the preparation of cookies. When the price of flour falls, so will the cost of producing cookies. The supply curve moves to the right and rises. The equilibrium price falls from p1 to p2, while the quantity rises from q1 to q2.

The above interactions are reactions to the Laws of Demand and Supply:

The law of supply and demand combines two basic underlying ideas that describe how price changes impact the supply and demand for a resource, commodity, or product. As the price ups, supply follows it while demand nosedives. In contrast, when prices fall, supply tightens while demand expands.

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Since, Jordana is refusing to buy a computer that weighs more than five pounds, she is basing her decision on a Non compensatory decision rule.

When solid performance solely on a single judgmental criterion somehow doesn't offset or compensate for poor performance on some other evaluative set of criteria of the brand, set of rules are considered to be non-compensatory decision rule. Consumers can utilize a variety of non-compensatory decision rules.

Whenever the consumers create lowest acceptable performance requirements that each brand should meet, this approach is used. Any brand will be deemed appropriate if it adheres to or exceeds the basic requirement on any criterion. The decision rules shall then be that of selecting the brand that outshines the remainder by the highest margin on the chosen criterion.

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The company's cost of equity is equal to 11.62% if the current stock price is $41.56 per share.

To determine the company's cost of equity, we can use the Gordon model as follows;

stock price = dividend×(1 + growth rate) /  cost of equity - growth rate

Now substituting the values;

41.56 = 3.13×(1 + 0.038) / cost of equity - 0.038

41.56 = 3.13×1.038 / cost of equity - 0.038

41.56 = 3.249 / cost of equity - 0.038

41.56 (cost of equity - 0.038) = 3.249

41.56(cost of equity) - 1.58 = 3.249

41.56(cost of equity) = 3.249 + 1.58

41.56(cost of equity) = 4.829

cost of equity = 4.829 / 41.56 = 0.1162

Converting into percentage;

cost of equity = 0.1162 × 100 = 11.62%

Hence the company's cost of equity is calculated to be 11.62%.

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In all agency relationships, the agent authorizes the to provide services or accomplish some task on behalf of the principal and under the principal’s charge.

  In a principal-agent relationship, one entity formally designates another to act on its behalf. When there is a principle-agent connection, the agent represents the principal and shouldn't have any competing interests when performing the act. The law of agency defines rules for a connection known as agency, which is the relationship between the principle and the agent.

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Michael worked 42 hours last week his regular pay is 10$ per. hour he is paid 1 1/2 times his regular pay for overtime hours (in excess of 40 hours) the gross pay $430.

Michael worked a total of 42 hours; the number of hours he worked in excess of 40 hours was 42 - 40 = 2 hours.

Michael put in an additional two hours of labor.

One hour's pay in standard currency is equal to $10.00.

Regular salary for 40 hours of work equals $10.00 * 40 = $400.

lets calculate money paid to him for over time\given

For overtime hours, Michael gets compensated at 1.5 times his regular salary.

1 hour's worth of overtime compensation is equal to 1 1/2 hours' worth of normal salary.

1 hour's worth of overtime pay is 3/2 * $10, or $15.

$15 multiplied by two hours of overtime work equals $30.

Michael's total salary for 42 hours of work is therefore $400 + $30 = $430.

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The career and the technical organizations are:

This is the term that is used to refer to the organization that is created that does the job of making people to become professionals in a particular field of business

The technical organizations are the organizations that are made that helps to teach the people technical skills that are needed in a vocation.

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Complete question

Which are career and technical student organizations? select six options. business professionals of america american association of school administrators american chemical society deca future business leaders of america ffa skillsusa fccla

Based on the fact that the company uses the average-cost method for inventory, the gross profit on the sale of the unit can be found to be $560

The first thing to do is to find the average cost of the identical units of inventory that the company purchased:

= Cost of units purchased

= 800 + 900 + 1,120

= $2,820

Then find the average cost of each unit using the average-cost method:

= Total cost of units / Number of units

= 2,820 / 3

= $940 per unit

The gross profit can then be found by using the formula:

Gross profit = Sales revenue - Cost of goods sold

The cost of the good sold is the average cost of $940.

The gross profit will therefore be:

= Sales revenue - Cost of goods sold

= 1,500 - 940

= $560

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Assuming that yoga is a normal good, shift alex's demand curve for yoga to illustrate the effects of the salary cut : Demand curve shall shift left side denoting lesser quantity of Yoga on same price.

Demand curve can be defined as the curve that help to show the price of a product as well as the amount that was demanded at a specific period of time.

When demand curve move or shift to left hand side this tend to means that there is a decrease in the demand of a product or goods and services.

Therefore we can conclude that Demand curve  will tend to  shift to left side which in turn denote lesser quantity of Yoga on same price.

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The post-closing trial balance's objective is to confirm that the ledger is in balance at the start of the following period.

What does the post-closing trial balance serve?

The last trial balance created before to the start of the new accounting period is known as a post-closing trial balance. The post-closing trial balance is used to check that beginning balances are accurate as well as to make sure that debits and credits still balance after closing entries have been made.

What does the post closing mean?

The post-closing trial balance's goal is to make sure that the sum of all debits and credits equals itself, producing a net of zero. When all temporary accounts are closed, the beginning balances are reset to zero, and the post-closing trial balance is net zero, the new accounting period can start.

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Full Question - The purpose of the post-closing trial balance is:

A. to verify that the ledger is in balance at the beginning of the next period.

B. to verify that the financial statements are prepared.

C. to verify that the end-of-period spreadsheet is in balance.

D.All of these choices are correct.

Small businesses create more jobs and destroy more jobs than large businesses.

The economy and workforce would be a pretty wild landscape to imagine without small businesses. Small businesses not only create more jobs, but they also create careers and opportunities. In comparison to their share of employment, 'small' businesses account for a disproportionately large share of job creation and destruction. Jobs created by small businesses are no less likely to last than jobs created by large businesses. While small businesses create the most total jobs, their high failure rate prevents them from being the largest net producers.

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