Journal entries define how transactions influence accounts and balances and act as a simple record of all transactions that a business makes.
What is meant by Journal Entry?The date, the amount to be credited and debited, a brief description of the transaction, and the accounts involved are all included in each journal entry along with other information pertinent to a single business transaction. Depending on the business, it could include a list of the impacted subsidiaries, tax information, and other details.
1. There are two obligations in this contract
a. keyboard
b. Customer option exists for future discount
2.Cash Dr, $69,700
To Deferred revenue - keyboard $66,215
To Deferred revenue - discount coupon of $3,485
Keyboards = 4,100 × $19 = $77,900
Option = $41,000 × (0.25 - 0.05) × 0.50 = $4,100
Allocation
For keyboard = $77,900 ÷ ($77,900 + 4,100) = 0.95
Deferred revenue Keyboard = $69,700 × 0.95 = $66,215
Option = 4,100 ÷ ($77,900 + 4,100) = 0.05
Deferred revenue - discount coupon = $69,700 × 0.05 = $3,485
3. Cash Dr, $69,700
To Deferred revenue Keyboard $69,700
(Being cash is recorded)
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a korean petroleum company sets up a crude oil refining facility in thailand. this is an example of a greenfield investment. group startstrue or false
a korean petroleum company sets up a crude oil refining facility in thailand. this is an example of a greenfield investment.a korean petroleum company sets up a crude oil refining facility in thailand. this is an example of a greenfield investment.
This statement is true.
A green-field investment is a type of foreign direct investment or FDI in which any parent company creates its subsidiary in some different country, by building its operations from the ground up.
In addition to the construction of new production facilities, these projects also includes the building of new distribution hubs, as well as offices, and living quarters.
The term "green-field investment" have been derived from the fact that the compan which is usually a multinational corporation (MNC has been launching a venture from the ground up means it has been plowing and prepping a green field.
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the fundamental underlying concept of corporate social responsibility is that conscience resides in individuals but not in a corporation itself.group startstrue or false
Corporate social responsibility (CSR) is a type of international private business self-regulation that tries to support charitable, activist, or philanthropic social goals by participating in or encouraging volunteer work or other morally upstanding behaviors.
What is meant by corporate social responsibility?Corporate social responsibility (CSR) is a type of international private business self-regulation that tries to support charitable, activist, or philanthropic social goals by participating in or encouraging volunteer work or other morally upstanding behaviors. The concept of corporate social responsibility (CSR) holds that businesses should examine how their actions may affect the environment and society. Environmental duty, ethical responsibility, philanthropic responsibility, and economic responsibility are the four basic categories of corporate social responsibility. Companies may, however, also take into account other types of CSR, such as diversity, inclusion, welfare, and employee engagement.Corporate social responsibility is based on the core tenet that conscience exists not only in individuals but also in corporations. Only the people who make up a corporation's executives and board of directors may be prosecuted with a crime because corporations are not considered to be legal persons. The given statement is false.To learn more about corporate social responsibility refer to:
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decker scientific is considering an investment of $800,000 in a new product line. the company will make the investment only if it will result in a 20% rate of return per year or higher. if the revenue is expected to be between $290,000 and $327,000 per year for 6 years, determine if the decision to invest is sensitive to the projected range of income using an annual worth analysis.
If the investment selection is sensitive to the estimated range of income utilizing an annual worth analysis, the revenue of $3926580 is expected to be between $290,000 and $327,000 per year for 6 years.
Other names for annual worth exist. Annual equivalent (AE), equivalent annual cost, equivalent annual worth, and income are a few examples (equivalent uniform annual cost). All name changes of result annual worth analysis in the same comparable annual worth amount. If all other alternative the assessment methods are used appropriately, the income alternative chosen by the annual worth analysis method, the PW method, and all others will always be the same.
Present Value of cash flow = Annual cash flow * PV factor *r for n years
= 800000 * PV 20%, 6 years
= 800000 * 4.483225
= $3586580
NPV = Present Value of cash flow - Initial investment
=3586580 - 290000
= $3926580
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what form of promotion would be best used for a business selling a new range of hair shampoo? give a reason for your answer.
-advertising
-personal selling
-direct promotions
-publicity
Advertising is the form of promotion would be best used for a business selling a new range of hair shampoo.
What do you mean by business?
Business is the practise of earning a living or earning money by manufacturing, purchasing, and selling goods. If the company incurs debts, creditors may seize the owner's personal belongings. Corporate tax rates are not permitted in a firm structure.
Advertising would be the best form of promotion for a business selling a new range of hair shampoo because it would allow the business to reach a large number of potential customers at once. Additionally, advertising can be customized to target specific demographics, which would be beneficial for a business selling a new product.
Therefore, A is the correct option.
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on saturday, december 31, the company's owner provided ten hours of service to a customer. the company bills $100 per hour for services provided on weekends. payment has not yet been received. the owner did not stop in the office on saturday; as such, on december 31, the services were unbilled and unrecorded. complete the necessary december 31 journal entry by selecting the account names from the pull-down menus and entering dollar amounts in the debit and credit columns.
Dec 31- Accounts Receivable- $1,000 (debit)
Service Revenue- $1,000 (credit)
31-12 Accounts Receivable a/c Dr. 1000
To Service Revenue 1000
10 x 100 = 1000
Accounts receivable (AR) are the funds owed to a company for products or services supplied or used but not yet compensated for by customers. Accounts receivable are classified as a current asset on the balance sheet. AR is any amount of money due by customers for credit purchases.
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ainsley approaches a bank to get a loan for a business he plans to launch later that year. he explains his business idea and its capital requirements to the bank manager. the manager asks ainsley to provide a formal document that includes a rationale for the business, an explanation of how it will achieve its goals, an analysis of the competition, and estimates of income and expenses, among other information. what document does the bank want from ainsley?
The bank wants a business plan from Ainsley.
A business plan is a written document that describes in great depth the goals and objectives of a company. It outlines a documented strategy for the company's operations, finances and marketing. Business plans are used by both new and established businesses.
A business plan is a crucial document intended for both internal and external audiences of a company. For instance, before a business has built a solid track record, a plan is utilized to entice investment. Securing financing from financial entities might also be beneficial. A business plan can also help a company's executive group stay on the same page with regard to key action items and on track to achieve set objectives.
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While _______ decisions will generally need to be processed via the ______ system in our brains in order for us to reach a good decision, with ______ decisions, heuristics can allow decision makers to switch to the quick, _____ system.
While Non-programmed decisions will generally need to be processed via the reflective system in our brains in order for us to reach a good decision, with programmed decisions, heuristics can allow decision-makers to switch to the quick, reactive system.
In the field of biology, non-programmed decisions can be described as those decisions which are based on deliberate thinking. The reflective system of the brain processes the non-programmed information. It allows us to think and ponder over our observations in order to make a decision.
On the other hand, a programmed decision can be described as a kind of decision that occurs instinctively. We do not think before a programmed decision is made as our reactive system is indulged in generating this response. The reactive system produces a programmed response that occurs naturally without any thinking.
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If Brynn sells 491,010 kites at $2.95 each, what will the total profit be if each kite cost $1.98?
Note: Round your answer to 2 decimal places.
If Brynn sells 491,010 kites at $2.95 each, the total profit will be $476,279.70 if each kite costs $1.98.
What is the total profit?The total profit is a function of the profit per unit multiplied by the total sales units.
The total profit is the difference between the sales revenue and the total costs.
Profits can refer to the direct costs of goods sold are gross profits. Net profits or incomes represent the gross profit after deducting all other expenses.
Profit can be computed per unit and in total.
Sales units of kites = 491,010
Selling price per unit = $2.95
Cost per unit = $1.98
Profit per unit = $0.97 ($2.95 - $1.98)
Total profit = $476,279.70 ($0.97 x 491,010)
Thus, for selling 491,010 kites, Brynn made a total profit of $476,279.70.
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assume the following information: milling department units percent complete materials conversion beginning work in process inventory 200 40% 30% units started into production during march 6,200 units completed during the period and transferred to the next department 5,800 100% 100% ending work in process inventory 600 70% 60% milling department materials conversion cost of beginning work in process inventory $ 10,000 $ 15,000 costs added during the period 290,000 385,000 total cost $ 300,000 $ 400,000 using the weighted-average method, the total cost of the ending work in process inventory with respect to conversion is closest to:
Total cost of ending work in process inventory = $30,510
The average cost of the process using the weighted-average method is the closest cost in terms of conversion to $46.95.
1 Material equivalent units = 5,800 + (600 × 70%) = 6,220 units
Cost per equivalent unit = (10,000 + 282,000) / 6,220 = $46.95
Option $46.95 is CORRECT
2 Equivalent unit of material =5,800 + (600 × 70%) = 6,220 units
Cost per equivalent unit of material = 297,000 / 6,220 = $47.75
Equivalent unit of material in ending inventory = 600 × 70% = 420 units
Cost of ending work in process with respect to material = 420 × 47.75 = $20,055
3 Equivalent unit of unit completed in material = 5,800 units
Equivalent unit of material = 5,800 + (600 × 70%) = 6,220 units
Cost per equivalent units of material= 292,000 / 6,220 = $46.95
Total cost of unit completed with respect to material = 5,800 × 46.95 = $272,310
4 Equivalent units of ending inventory in material = 600 × 50% = 300 units
Equivalent units of ending inventory in conversion cost = 600 × 40% = 240 units
Equivalent unit of material = 5,800 + 300 = 6,100 units
Equivalent unit of conversion cost = 5,800 + 240 = 6,040 units
Cost per equivalent units of material = 300,000/6,100 = $49.18
Cost per equivalent unit of conversion cost = 396,500/6,040 = $65.65
Total cost of ending work in process inventory = (300 × 49.18) + (240 × 65.65) = $30,510
5 Equivalent unit of material = 5,800 + (600 × 50%) = 6,100 units
Equivalent unit of conversion cost = 5,800 + (600 × 30%) = 5,980 units
Equivalent unit of units completed in material = 5,800
Equivalent unit of units completed in conversion cost = 5,800
Cost per equivalent units of material = 300,000/6,100 = $49.18
Cost per equivalent units of conversion cost = 396,500/5,980 = $66.30
Total cost of units completed and transferred out
= (5,800 × 49.18) + (5,800 × 66.30) = $669,784
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answered
Sita and Zoya are two friends
belonging to Hindu and Muslim
religion. They start a
business of handicrafts together. They decide to
open the factory in rural area and give
employment opportunities to local residents.
a) Which form of business organisation have they
opted?
1 SEE ANSWER
They have chosen the partnership business structure:
Describe a partnership:In a partnership, parties who are referred to as business partners agree to work together to further their shared objectives. Individuals, companies, interest-based organizations, schools, governments, or combinations of these may be the partners in a partnership.
What is a partnership and what are its benefits?If there are less than 20 people involved and restricted liability is not required, think about forming a partnership. One benefit of a cooperation is that: Two or more heads are preferable to one. Your company is simple to launch and has modest startup expenses. The business has access to extra funding.
Briefing:In small- and medium-sized businesses, partnerships are a common type of company structure. One individual is unable to manage the growing scale of the company on their own. Therefore, a partnership between two or more people is formed to conduct business. The issue with sole proprietorships is beginning to be solved by this type of firm.
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Select the correct answer from each drop-down menu.
David is evaluating the ad effectiveness of an ad campaign that his company undertook for their sunscreen brand. Based on this evaluation David plans to better manage financial decisions regarding campaign. He also wants to compare the actual results of the campaign to the expected results to find out if there is any difference. Which advantages of evaluation of ad effectiveness is David trying to achieve here?
While evaluating ad effectiveness he should consider the finances and return to get from the advertisement campaign.
The comparison of the results can be done with the use of actual results and the expected results with the help of business analytics. This provides record of immense trend in the changes happened due to advertising campaign.
Advertisement campaigns are more powerful as they need less investment, they have more reach to customers and are easily understand by everyone which further help to manage financial decisions.
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Sheryl's shipping had sales last year of $10,000. the cost ot goods sold was s6.500, general and administrative expenses were $1,000, interest expenses were s500, and depreciation was $1,000. the firm's tax
Earnings before interest and taxes is $1,500
The net income is $650
The cash flow from operations is $1,650.
Last year's sales were $10,000.
$6,500 is the cost of goods sold.
$1,000 equates to general and administrative costs.
Interest costs equal $500.
Depreciation equals $1000.
Tax on businesses is 35%.
Gross Profit (a)
= Last year's sales less the cost of items sold
= $10,000 - $6,500
= $3,500
EBIT: Earnings Before Interest and Taxes
Gross profit minus general and administrative costs minus depreciation
= $3,500 - $1,000 - $1,000
= $1,500
Earnings before taxes and after interest:
Interest expense = Earnings Before Interest and Taxes (EBIT)
= $1,500 - $500
= $1,000
(a) Net profit
Income before taxes and after interest
= $1,000 - (0.35 × $1,000)
= $1,000 - $350
= $650
Cash flow from operations (c)
= Net Income Plus Other Expenses (Depreciation)
= $650 + $1,000
= $1,650
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The complete question is ''Sheryl's Shipping had sales last year of $10,000. The cost of goods sold was $6,500, general and administrative expenses were $1,000, interest expenses were $500, and depreciation was $1,000. The firm's tax rate is 35%.
a. What are earnings before interest and taxes?
b. What is net income?
c. What is cash flow from operations?
When marketers evaluate the attractiveness of each potential segment and decide in which of these groups they will invest resources to try to turn them into customers, they are engaging in ________.
When marketers evaluate the attractiveness of each potential segment and decide in which of these groups they will invest resources to try to turn them into customers, they are engaging in C. targeting.
In the field of business, targeting refers to the various aspects that a particular business focuses on in order to expand itself. For determining which segments of a business to target, marketers evaluate certain factors such as segmenting the market, choosing the potential customers, focusing on particular marketing strategies, etc.
When marketers research the potential of each segment and decide their strategies based on this research to engage more customers, then they are using the targeting strategy.
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A famous actress who dropped out of high school and held a variety of odd jobs, including doing the hair and make-up for corpses, before finally succeeding in show business?.
A famous actress (Whoopi Goldberg) dropped out of high school and did hair and make-up for corpses, before finally succeeding in show business.
Caryn Elaine Johnson (born November 13, 1955) is an American actress, comedian, author, and television personality best known as Whoopi Goldberg. She is one of 17 artists who have won the EGOT, which consists of an Emmy Award, a Grammy Award, an Academy Award ("Oscar"), and a Tony Award. In 2001, she received the Mark Twain Prize for American Humor.
Goldberg began her theater career in 1983 with her one-woman play Spook Show, which transferred to Broadway as Whoopi Goldberg and performed from 1984 to 1985. She won a Grammy Award for Best Comedy Album for the concert album. Her breakout performance as Celie, a mistreated lady in the Deep South, came in 1985.
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consider an asset which has no initial cost but for which there is an expenditure of $2,000 at the end of the first year. the net cost at the end of year 2 is $4,000. with an interest rate of 5%, what is a levelized cost payment payable at the end of years 1 and 2, which has the same present value as the actual cost stream at the end of period 0.
The required details about asset is mentioned in below paragraph.
Any real or intangible asset that can be used to generate positive economic value qualifies. Assets are ownership values that can be converted into currency (although cash itself is also considered an asset). The monetary value of a company's assets is recorded on its balance sheet. It safeguards a person's or a company's money and other assets.
Assets are classified into two types: tangible assets and intangible assets. Tangible assets are classified into two types: current assets and fixed assets. Current assets include cash, inventories, and accounts receivable, whereas fixed assets include land, buildings, and equipment.
3636.36 is the correct answer
Consider an asset which has no initial cost but for which there is an expenditure of $2,000 at the end of the first year.
The net cost at the end of year 2 is $4,000.
The two payments with interest = cashflow /(1+r)^n
= 4000/(1+0.05)^2
= 4000/(1.05)^2
= 4000/1.10
= 3636.36
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At a convenience store, two candy bars and two bags of potato chips cost $4. 00, and three candy bars and two bags of potato chips cost $4. 75. What is the price of one bag of potato chips?.
According to the solving the price of one bag of potato chips is $1.25.
What in mathematics is a linear equation?A linear equation seems to be an algebraic equation of the form y=mx+b, where m is the slope as well as b is the y-intercept, and only a constant and a second-order (linear) term are included. The variables in the preceding equation are y and x, and it is occasionally referred to as a "linear equation of two variables."
What makes it a linear equation?Each term in a linear equation has an exponent of 1, and when this algebraic equation is graphed, it always produces a straight line. It is called a "linear equation" for this reason.
According to the given data:Assume that the cost of candy bars is x and the cost of potato chip packages is y.
Given that two candy bars, as well as two bags of potato chips each, cost $4.00, the following calculation is appropriate:
2x+2y=4 ......(1)
In addition, the cost of two bags of crisps and three candy bars is $4.75.
3x+2y=4.75 ....(2)
Subtract equation (1) from (2), we get
(3x−2x)+(2y−2y)=4.75−4
⇒x=.75
Now substitute the value of x in equation (1):
1.5+2y=4
⇒2y=4−1.5
⇒2y=2.5
⇒y=1.25
According to the solving the price of one bag of potato chips is $1.25.
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Many companies use information management to keep track of important details about their customers: names, addresses, emails-even statistics such as
age and family status. They often use this information to market their products more effectively. Companies can make a lot of money by selling customer
information to other companies. If a company doesn't specifically promise customers it will not share their information, this may be legal, but is it ethical?
What do you think?
Collecting someone's personal information without their knowledge is illegal and unethical, just as it is considered theft to take anything that doesn't belong to you.
Is selling personal information by tech corporations morally right?These experts are encouraged by the Web Analyst's Code of Ethics to work with organizations that preserve and respect the privacy of their customers' data. The policy also urges businesses to fully disclose to clients how and when they use consumer data, including whether or not they sell it to outside parties.
Is it acceptable for businesses to sell customer information?As long as all legal requirements for its collection and sale have been satisfied and there are no regulations against it, selling user data is permissible. For example, in some situations, de-identification of the data is necessary first.
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according to the textbook, the use of information and communications technology in corporations has reduced the rigid hierarchical structure of corporations, but, at the same time, it has created
The textbook claims that the use of information and communications technology in hierarchical structure have been makes a company more productive, efficient, and quick to respond to consumer needs.
An organization's chain of command, usually starting with senior management and executives and ending with general staff, culture is referred to as its hierarchical structure. In other words, organizations with a single leader and a chain of command fall under this structure.
From the top of the organization to the bottom, there is a clear chain of command in a hierarchical organizational structure. Every important choice is made by senior management and culture delegated to lower levels of management. Imagine that someone at the base of the organizational hierarchy is faced with a hierarchical structures decision. In that instance, they must first send the request up the chain of command for approval before making a decision.
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The complete question is
According to the text, the use of information and communications technology in corporations has reduced the rigid hierarchical structure of corporations, but at the same time it has created:
a. a two-strata employment system of technology experts and less autonomous clerical workers
b. telecommuters who are totally disconnected from the corporate culture
c. a three-strata employment system of powerful managers, autonomous technology experts, and less autonomous clerical workers
d. unhappiness among employees who are telecommuters
e. a crisis in leadership at many corporations
one of the reasons there is a demand for financial statement audits is that users of financial statements often lack accounting and legal knowledge to fully understand complex accounting and disclosure choices.
A company can use the auditor's report to encourage accountability for the managers and employees in the company. An audit increases the value and credibility of the financial statements produced by management, increasing user confidence in the financial statements.
What is financial statement?
Financial statements are documents that describe a company's operations and financial performance. Government organizations, accounting firms, etc. frequently audit financial statements to ensure accuracy and for tax, financing, or investing purposes. The balance sheet, income statement, statement of cash flow, and statement of changes in equity are the four primary financial statements for for-profit entities. A similar but distinct set of financial statements is used by nonprofit organizations.
Financial information is used by investors and financial analysts to assess a company's performance and forecast where the stock price will go in the future.
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carla earns $125,000 from january through november 2017, before resigning to work for a new employer who pays her $3,000 for december 2017. how much fica would be withheld on the $3,000
$229.50 since fica t
More queation?
warren enterprises began operations during year 1. the company had the following events during year 1: the business issued $36,000 of common stock to its stockholders. the business purchased land for $28,000 cash. services were provided to customers for $32,000 cash. services were provided to customers for $21,000 on account. the company borrowed $32,000 from the bank. operating expenses of $28,000 were incurred and paid in cash. salary expense of $2,400 was accrued. a dividend of $20,000 was paid to the stockholders of warren enterprises. after closing, what is the balance of the retained earnings account as of december 31, year 1? multiple choice $22,600 $53,000 $21,000 $2,600
Optin (d) $2,600 is correct.
After closing the balance of the retained earnings account as of December 31, year 1 is $2,600.
What is retained earnings?Retained earnings are the funds that stay with the business after all costs have been paid and dividends have been paid to common stockholders. Retained earnings are put back into the company.A portion of the profit that is kept in the company for future growth is known as retained earnings. is thus a portion of the owners' fund. Cash or the balance in your business bank account are not the same as retained earnings.Retained earnings can be used to fund corporate expansion, pay additional dividends, invest in new product lines, or even repay loans. The majority of businesses that have a healthy retained earnings balance will attempt to strike the correct balance between satisfying shareholders and funding corporate expansion.The Opening retained earnings = The Service on cash + The Service on account - The Operating expenses - The Salary expense - The Dividend
= 32000 + 21000 - 28000 - 2400 - 20000
= $2,600
Hence, after closing the balance of the retained earnings account as of December 31, year 1 is $2,600.
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a manager in your company is proposing the acquisition of taylor company, which has developed a new, innovative product, instead of adopting a strategy of developing new products in-house. all of the following arguments are correct except:
In a case whereby a manager in your company is proposing the acquisition of Taylor Company, with a developed a new, innovative product instead of a strategy of developing new products in-house , the arguments that is not correct is (A) the acquisition of Taylor should be primarily for defensive rather than strategic reasons.
What is an argument?An arguments can be described as the set of reasoning that is been dished out so that a particular idea can be supported.
In the case above we can see that the acquisition of the Taylor company is been put under some consideration before it will be gotten , some of the consideration here is that the company have a new as well as an innovative product which can be beneficial to the company that is planning the acquisition.
Therefore, from the argument about the acquisition, then it should follow a defensive strategy.
Therefore, option A is correct.
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Check the missing option:
(A) the acquisition of Taylor should be primarily for defensive rather than strategic reasons.
(B) research suggests that acquisition strategies are a common means ofavoiding risky internalventures.
(C) the outcomes of acquisitions can be estimated more easily and accurately than the outcomes for an internal product development process.
Since 1950 in the united states, the labor force participation rate for males has _____ generally and the labor force participation rate for females has generally ____.
Since 1950 in the united states, the labor force participation rate for males has decreased generally and the labor force participation rate for females has generally increased.
How was the labor force participation rate for males and females changed?Since the 1950s, a trend has been noticed where the labor force participation rate for males has been decreasing till the current period from 86% in the 1950s to 73% as early as 2005.
The labor force participation rate for females on the other hand, has been increasing in that same time period and this has been attributed to several factors.
One of those factors is that women are now able to get jobs that they couldn't get before the 1950s as these were reserved for men. With women now taking those jobs, they can act as breadwinners and the men who used to do them no longer have to. This therefore reduced the labor force participation rate for males.
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Spending money on food is part of this expenditures approach for calculating the GDP.
consumer spending
sum of government spending
sum of all the country's businesses spending on capital
gross exports
gross imports
The consumer spending expenditure method used to calculate GDP includes spending on food.
The expenditure method is a way of figuring out gross domestic product (GDP) that includes net exports, government spending, investment, consumption, and investment. It is the most typical method of estimating Gross domestic product. It states that everything the government spends and all private sector spending, including consumer and business spending, must equal the total value of all finished goods and services produced over a specific time period. For calculating the Gross domestic product, the income approach can be contrasted with the expenditure approach for better results.
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Consumer spending money on food is part of the expenditures approach for calculating the GDP.
Consumer spending is the total money which is thus spent on final goods and services by households or individuals for their personal use and enjoyment in an economy. This also drives a significantly large part of U.S. GDP. As it makes one of the biggest determinants of economic health.
Consumption includes personal or consumer expenditures. In other words, this measures the dollar value of goods and services purchased by consumers. Thus, such items would include food, clothing, and transportation. Whereas, any new purchases by consumers can be counted as part of the GDP.
Hence, option A is corrcet.
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(a) what is the probability an individual large-cap domestic stock fund had a three-year return of at least 19%? (round your answer to four decimal places.)
Answer:
The probability that an individual large-cap domestic stock fund had a three-year return of at least 19% is 0.1469
Explanation:
X~N(µ= 14.4,σ=4.4 )
P X>19)=1-P(X<19 )
Standardizing the value
Z=( X-µ)/σ
Z=(19-14.4)/4.4
Z=1.05
P((X-µ)/σ)>(19-14.4)/4.4)
P(Z>1.05)
P(X>19)=1-P(Z<1.05 )
P(X>19)=1-0.8531(From Z table)
P( X>19)=0.1469
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In economics, actions by individuals and interest groups designed to influence public policy in a manner that will either directly or indirectly redistribute more income to themselves are known as.
Rent-seeking refers to individuals and interest groups' efforts to influence public policy to either directly or indirectly transfer more revenue to themselves.
Rent-seeking is a tactic for gaining more profit or money above and the minimal payment necessary to keep the resources functioning at someone else's expense individuals'.
The rent seeker seeks to maximize its income for a resource it offers by transferring the financial burden to others. It also frequently has additional negative implications, such as increased economic disparity, lost government revenues, and less competitiveness. Rent-seeking does not boost the economic expense of individual output.
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If you were graduating college and wanted to be able to find a job in georgia in the fastest growing industry with the best pay, which industry should you choose?.
Technology industries is the best choice if you are looking for a job in Georgia which is the fastest growing industry with the best pay. Technology industries have several types, the most common types is IT.
The technology sector can be described as a comprised of businesses that sell goods and services in electronics, software, computers, artificial intelligence, and other industries related to information technology (IT). The technology sector offers a wide range of services and products for both customers and other businesses. Consumer goods like personal computers, home appliances, mobile devices, wearable technology, televisions, and so on are continually being improved and sold to consumers with new features. On the business side, companies are dependent on innovations coming out of the technology sector to create their enterprise software, protect their databases, manage their logistics systems, and generally provide the critical information and services that allow companies to make strategic business decisions.
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What information should be included on a reference sheet?
A reference sheet should include the Name, contact information, and professional relationship
What is reference sheet?
A reference sheet is used to provide a potential employer with a list of people who can confirm and further discuss your professional experience. The best sources of professional recommendations are former employers, instructors, and advisors. A reference sheet is crucial since prospective employers frequently request a list of references they may call. When a reference sheet is requested, you should be able to provide it right away if your resume said that references are available upon request. In any event, having a reference sheet will allow you to move through the interview process more quickly.
A reference sheet should include the names, titles, organizations, and contact information of individuals who can attest to your skills and accomplishments.
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look at each of the following examples and decide whether it would be normally included in gdp calculations for the united states, and what category it would fall under. a. an undocumented worker is paid cash for working on a construction project.\
An undocumented worker being paid cash to work on a construction project is not included in the GDP calculation and it is included in the underground economy.
The underground economy is not by definition criminal, as people who trade in antiques are not recorded. When government agencies calculate economic figures such as gross national product (GNP), they rely on information gleaned from legitimate income statements produced by corporations, non-profit organizations, and individual taxpayers. What these agencies cannot use in their economic forecasts, however, are estimates of the billions of dollars of cash circulating through what is known as the “underground economy.”
This includes income earned through illegal means, such as prostitution or gambling, as well as legitimate but money-based activities such as online auctions or bartering services.
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a year's tuition at a state university cost $250 in 1972 when the cpi equaled 41.8. the cost of a year's tuition at the same state university cost $3,000 in 2005 when the cpi equaled 195.3. the real cost of tuition between 1972 and 2005:
In 1972, when the cpi was 41.8, the cost of a year's tuition at a state university was $250; in 2005, when the cpi was 195, the cost of a year's tuition at the same state university was $3,000 3. the actual price of tuition from 1972 to 2005 Increased.
How much does a year of college typically cost?average tuition and fees for colleges
At private colleges, the average cost of tuition and fees for the 2021–2022 school year was $38,070. $10,740 for public universities (in-state residents) In public colleges, $27,560 (out-of-state residents).
What is the typical tuition price for a four-year public institution or college?For an in-state student attending a 4-year college, the national average for public school tuition and compulsory fees in 2019–2020 was $9,349. The average out-of-state student would spend $17,674 more in the same year, for a total of $27,023.
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