Amortization is the process of allocating to expense the cost of a plant asset to the accounting periods benefiting from its use.
What is Amortization? Amortization is an accounting technique used to gradually reduce the worth of a restricted-life intangible asset by allocating its cost over a fixed period.
It's similar to depreciation for tangible assets like buildings, machinery, and furniture, but it applies to assets that have no physical presence or are hard to measure or quantify, such as patents, copyrights, and goodwill.
The amount of amortization allocated to a particular accounting period is charged to the income statement as an operating expense, lowering profits and taxable income.
Amortization has a positive impact on a company's financial health since it reduces the value of an intangible asset over time, lowering the book value of assets on the balance sheet.
It also reflects the notion of consumption, implying that the intangible asset is gradually being used up, reducing its worth to the company, as well as the underlying concept of matching costs with benefits.
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cthe formula in the custom column for finding the difference between budget and actual would be properly displayed as:
The formula in the custom column for finding the difference between budget and actual would be properly displayed as: =Budget-Actual.
The formula in the custom column for finding the difference between budget and actual is written using the equals sign followed by the two columns of interest, Budget and Actual. This formula subtracts the value of the Actual column from the Budget column and displays the result in the custom column. This allows users to quickly and easily view the difference between their budgeted amount and the actual amount spent. This can help them to better understand where their money is going and make more informed decisions about their budget.
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this management style from blake and mouton (1991) emphasizes both employee needs and maximizing productivity: a. team management b. employee involvement c. theory x d. country club management e. authority-compliance f. theory y
Option B. Theory Y was developed by Douglas McGregor in 1960 and emphasizes employee needs, job satisfaction, and self-direction as well as maximizing productivity. Theory Y is often referred to as the "Country Club Management Style".
Theory Y is a management style developed by Douglas McGregor in 1960 that emphasizes employee needs, job satisfaction, and self-direction. It is a people-oriented style of management, where employees are seen as having the potential to be innovative and self-motivated.
Theory Y suggests that people will be more productive when they are allowed to work in an environment where they feel empowered and have a sense of autonomy. This management style is often referred to as the "Country Club Management Style" due to its focus on creating an environment of trust and collaboration between managers and employees.
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can you, with or without reasonable accommodation, perform the essential functions of the job for which you are applying?
Yes, with or without reasonable accommodation, an applicant can perform the essential functions of the job for which they are applying.
However, this also depends on the nature of the job and the individual's abilities and qualifications. An employer cannot discriminate against an applicant based on their disability, but they can require that the applicant is able to perform the essential functions of the job.
If an applicant requires reasonable accommodation in order to perform these essential functions, the employer must provide that accommodation, unless it would cause an undue hardship on the employer.
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how an organization positions its total compensation against its competitors is part of external competitiveness strategic choices.
Yes, an organization's total compensation positioning against its competitors is an important part of external competitiveness strategic choices.
Total compensation includes things like wages, bonuses, benefits, and other incentives. It can help an organization attract and retain quality talent, ensure employees are rewarded for their efforts, and remain competitive in the marketplace.
When positioning total compensation, an organization needs to look at its competitors’ packages. What are the wages, benefits, and other incentives being offered? This information can then be used to determine the organization's total compensation strategy. It needs to be competitive and attractive to potential employees without creating a financial strain.
An organization must also look at the external environment when formulating its total compensation strategy. Factors like the economy, industry trends, and legislation should all be considered. These can affect the organization's financial capabilities, and the total compensation package it can offer.
Total compensation positioning is an important strategic choice for an organization when it comes to external competitiveness. An organization needs to look at its competitors, external environment, and financial capabilities to develop a competitive and attractive total compensation package.
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What are some of the reasons that an MNE would choose international expansion through an acquisition? An IJV? An alliance? What are the variables that would influence the decision? What choice do you think is best for the likely benefit of the firm?
To quickly get access to a foreign market and its resources, such as customer base, distribution channels, production facilities, and technology, an MNE may decide to expand internationally through an acquisition.
When an MNE wants to join a foreign market while splitting risks and resources with a local partner, they may choose for an IJV (International Joint Venture). This can provide access to local contacts, relationships, and information that may be necessary for success in a foreign market.
A MNE can decide to form an alliance to obtain access to a particular technology or area of expertise or to cut expenses through economies of scale. This can be accomplished by partnering with a business that possesses complementary skills and resources.
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the second step in the marketing research approach involves developing the research plan. this includes specifying the
The second step in the marketing research approach involves developing the research plan. This includes specifying the research objectives, research design, data sources, research methods, sampling plan, and instruments to collect data. The research plan is developed after defining the problem and the decision to be made.
The second step in the marketing research approach involves developing the research plan. This includes specifying the research objectives, research design, data sources, research methods, sampling plan, and instruments to collect data. The research plan is developed after defining the problem and the decision to be made.
The research plan outlines the framework for conducting research activities, detailing what information is required, how it will be obtained, and how the research findings will be analyzed and reported. The research plan includes: Research Objectives: The research objectives specify the questions that need to be answered in the research study.
They outline the purpose and scope of the study and provide a clear direction for the research activities.
Research Design: The research design specifies how the research will be conducted, including the type of research, data collection methods, and sample size.
Data Sources: The data sources specify where data will be collected, including internal and external data sources.
Research Methods: The research methods specify how the data will be collected, including primary and secondary research methods.
Sampling Plan: The sampling plan specifies how the sample will be selected from the population, including the sampling technique, sample size, and sampling error.
Instruments to Collect Data: The instruments to collect data specify the tools and techniques that will be used to collect data, including surveys, interviews, and observations.
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activity ratios measure an organization's ability to meet its current debt obligations. group of answer choices true false
True. Activity ratios measure an organization's ability to convert its current assets into cash to pay off its current liabilities. This helps investors, creditors, and other stakeholders assess the financial health of a company.
Organizational ability are skills that allow you to use your resources efficiently and effectively. Being organized means you manage your time, energy and workspace well and can accomplish all your assigned tasks successfully.
financial health is essentially an evaluation of your ability to handle your financial needs and wants. Three key steps to good financial health are being aware of your overall financial condition, creating and managing your money with a budget, and making a financial plan that includes regular investing.
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tara buys three music cassettes when the price is $10 and two cassettes when the price is $14. her price elasticity of demand is:
Lack of data to determine the price elasticity of demand. Because Tara continued to buy a consistent number of cassettes despite the price adjustment, her price elasticity of demand is inelastic.
Because Tara continued to buy a consistent number of cassettes despite the price adjustment, her price elasticity of demand is inelastic. This implies that her cassette demand is not very responsive to price variations. The degree to which demand is responsive to price fluctuations is measured by its price elasticity. We need to know the amount demanded at various costs in order to compute it. The data only reveals how many cassettes Tara purchased at various prices; however, neither the total quantity demanded nor the manner in which the quantity demanded changed in response to price changes are disclosed. Hence, using the information provided, we are unable to determine the price elasticity of demand.
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tara buys three music cassettes when the price is $10 and two cassettes when the price is $14. what is her price elasticity of demand?
alice lost her atm card at the lake and forgot it was missing until her monthly statement came 26 days later. she found that $800 had been withdrawn from her savings account. the most alice will be legally liable for assuming she notifies the bank at this point is
Alice will be legally liable for up to $50 of the $800 that was withdrawn from her savings account, assuming she notifies the bank within two days of when she noticed her ATM card was missing. This is known as the "regulatory limit" for unauthorized transactions, and it is outlined in Regulation E of the Electronic Funds Transfer Act.
1. Alice noticed her ATM card was missing 26 days after it was lost.
2. She then notified the bank.
3. According to Regulation E of the Electronic Funds Transfer Act, the most Alice will be legally liable for is up to $50 of the $800 that was withdrawn from her savings account.
Therefore, t is clear that Alice will be legally liable for up to $50 of the $800 that was withdrawn from her savings account, assuming she notified the bank within two days of when she noticed her ATM card was missing.
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what is the primary goal of the recruitment and selection process? select one: a. filling top executive positions b. hiring the best candidates for positions c. forecasting future personnel needs d. increasing the retention of key employees
The primary goal of the recruitment and selection process is to hire the best candidates for positions. This process typically involves reviewing applications, conducting interviews, and assessing qualifications to identify the most qualified candidate. option (b) is the correct answer.
The overall goal is to identify and hire the best individual for the position, which in turn helps to increase the retention of key employees. The primary goal of the recruitment and selection process is to hire the best candidates for positionsRecruitment refers to the process of finding and employing qualified individuals for a job opening, generally in a timely and cost-effective manner
Selection is the process of choosing the right candidate for the job. It is the process of assessing and evaluating the qualifications, abilities, and experience of a potential candidate in order to determine if they are suitable for a particular position. This step ensures that the candidate is qualified, has the necessary experience, and has the required abilities and expertise to handle the job's demands. The primary goal of the recruitment and selection process is to find and employ the best candidates for the position.
It is critical to attracting top talent in today's competitive job market. Organizations must have a good recruitment and selection process in place to achieve this goal. A good recruitment and selection process can assist an organization in achieving its objectives by identifying and hiring the best candidate for the job. This can also improve retention rates, employee engagement, and overall job satisfaction. Thus, option (b) is the correct answer.
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during which step of the continual improvement model would you check to verify whether or not you have reached the desired outcome in your improvement initiative?
The step of the continual improvement model where you would check to verify whether or not you have reached the desired outcome in your improvement initiative is the "Did we get there?" step.
The "Did we get there?" step is the final step in the Plan-Do-Check-Act (PDCA) continual improvement model, where the results of the implementation are compared with the expected outcomes. This step involves collecting data and analyzing it to determine if the goals and objectives of the improvement initiative have been achieved.
If the desired outcomes have been met, the improvement initiative can be considered successful and can be standardized as part of regular operations. If not, the process can be repeated or modified to achieve the desired outcome in future iterations.
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contingency reserves require a construction company to hold back some funds in an account just in case something happens that increases the overall project cost. true false
The given statement " contingency reserves require a construction company to hold back some funds in an account just in case something happens that increases the overall project cost " is TRUE because of Contingency reserves require a construction company to hold back some funds in an account just in case something happens that increases the overall project cost.
Contingency reserves can be defined as a percentage of the total project cost that is held in reserve to pay for unforeseen expenses.
In the construction industry, there are always unforeseen events that can disrupt a project. Contingency reserves are set up in the event of these circumstances. Construction projects are usually subjected to unforeseen problems that might affect the project outcome, increase costs or delay the work's progress.
Therefore, construction companies typically reserve a percentage of their budget for unexpected costs that might occur during a project. These unexpected costs can result from such factors as inflation, delays, and changes in the cost of goods or services.
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if a handbag manufacturer offers three different purses (a budget-conscious version, a slightly higher-end version, and a luxury version) to three different target markets, which targeting strategy is it using?
If a handbag manufacturer offers three different purses (a budget-conscious version, a slightly higher-end version, and a luxury version) to three different target markets, the targeting strategy that it is using is a differentiated targeting strategy.
Differentiated targeting strategy is the approach of creating two or more distinct product lines, which each aim to target a specific customer base, with specialized messaging and unique pricing. The firm aims to differentiate its product offerings and promote them to a particular target audience with distinct marketing strategies to meet their needs.
A manufacturer can employ the differentiated targeting strategy to market their product to specific consumer segments who are willing to pay different prices for it. It is aimed at customer groups who are prepared to pay a premium price for a luxury handbag and those who are looking for budget-conscious items. This strategy aims to satisfy the demands of consumers with different preferences and budgets by producing different goods for each group.
The objective is to optimize sales and revenue while minimizing the amount of overlap between customer groups. This method has been shown to be successful in markets where consumers have unique needs and are willing to pay a premium price for a high-quality product.
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under the par value method of accounting for treasury stock, the treasury stock is reported on the balance sheet as a deduction from a.contributed capital. b.the sum of contributed capital, unrealized capital, and retained earnings. c.retained earnings. d.capital stock.
Under the par value method of accounting for treasury stock, the treasury stock is reported on the balance sheet as a deduction from the capital stock. The correct option is d.
The par value method is one of the techniques that can be used to account for the acquisition of the treasury stock. In this approach, the treasury stock is reported on the balance sheet as a reduction in the amount of the capital stock rather than as a reduction in the retained earnings of the firm.
The treasury stock is the number of shares of the company’s stock that has been repurchased by the company from its shareholders. When the treasury stock is repurchased by the company, the number of shares of outstanding stock is reduced, and the amount of cash that was used to buy back the shares of stock is also reduced.
The balance sheet is a financial statement that provides information about a company's assets, liabilities, and shareholders' equity at a specific point in time. The balance sheet provides a snapshot of a company's financial position at a particular point in time.The capital stock is a term that refers to the total number of shares of stock that have been issued by the company. The par value of the stock is the nominal value of the shares of stock, which is often set at a low price. The difference between the par value and the market value of the shares of stock is known as the capital surplus.
The treasury stock is reported on the balance sheet as a deduction from the capital stock of the company. The par value method of accounting for treasury stock assumes that the company acquires the stock at the par value. The acquisition of the stock does not have any impact on the retained earnings of the company.
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suppose that the demand for toilet paper is highly inelastic, and the supply of toilet paper is highly elastic. a tax of $0.10 per roll levied on toilet paper will decrease the effective price received by sellers of toilet paper by
The tax of $0.10 per roll levied on toilet paper will decrease the effective price received by sellers of toilet paper by $0.10. This is because the demand for toilet paper is highly inelastic and the supply is highly elastic.
This means that a small increase in the price of toilet paper will have a large decrease in the quantity of toilet paper that is supplied. Therefore, the tax of $0.10 per roll will have a larger impact on the price of toilet paper than the impact of the tax on the demand.
If the demand for toilet paper is highly inelastic, it means that consumers are not very responsive to changes in price. This means that a change in price would have a relatively small impact on the quantity of toilet paper demanded.
On the other hand, if the supply of toilet paper is highly elastic, it means that producers are able to respond quickly and effectively to changes in price, such as by increasing or decreasing production levels.
Given this scenario, if a tax of $0.10 per roll is levied on toilet paper, the effective price received by sellers of toilet paper would decrease by less than $0.10. This is because sellers are likely to pass on some of the tax burden to consumers by increasing the price of toilet paper.
However, because the demand for toilet paper is highly inelastic, consumers are unlikely to significantly decrease their purchases of toilet paper in response to the price increase. Therefore, the price increase is likely to be relatively small.
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at a given point in time, the price of a credit default swap contract should be related to the default risk of the securities covered by the contract. for a given set of securities that are covered by a credit default swap, the price of the contract should be related to the default risk as it changes over time. a. positively; inversely b. positively; positively c. inversely; positively d. inversely; inversely
As the default risk increases or decreases over time, the price of the CDS contract will also increase or decrease accordingly. The correct answer is: c. inversely; positively
What is a Credit Default Swap (CDS)?
Credit Default Swap (CDS) is a financial product that swaps the credit risk of fixed-income securities. The buyer pays the seller premiums and, in return, receives compensation if the underlying security defaults.A CDS can be used to transfer credit risk from one party to another, providing liquidity for the markets while reducing the risk of default. It is a type of insurance agreement on a credit default.
The price of a credit default swap (CDS) contract is inversely related to the default risk of the securities covered by the contract. In other words, as the default risk of the securities increases, the price of the CDS contract increases as well. This is because the CDS contract provides insurance against the possibility of default, and the higher the default risk, the more valuable the insurance.
However, the price of the CDS contract is positively related to the changes in default risk over time. As the default risk increases or decreases over time, the price of the CDS contract will also increase or decrease accordingly. This is because the CDS contract provides protection for a specific period of time, and the longer the time until maturity, the greater the chance that the default risk will change.
Therefore, the correct option is c. inversely; positively
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suppose bayzer, a pharmaceutical firm, is selling bonds to raise money for a new lab. this practice is called
The practice of a pharmaceutical firm, such as Bayzer, selling bonds to raise money for a new lab is called "corporate bond issuance."
What is Cooperate Bond?
A corporate bond is a debt security issued by a corporation to raise capital. When investors purchase corporate bonds, they are essentially lending money to the corporation in exchange for periodic interest payments and the repayment of the principal when the bond matures.
Corporate bonds typically have a higher yield than government bonds because they carry a higher risk of default. The creditworthiness of the corporation issuing the bond is a key factor in determining the bond's yield. Corporations with higher credit ratings are considered less risky and can issue bonds with lower yields, while corporations with lower credit ratings must offer higher yields to attract investors.
Corporate bond issuance is a common way for companies to raise capital to fund new projects, investments, or other business activities. When a company issues bonds, it is essentially borrowing money from investors who purchase the bonds, with the promise of paying back the borrowed amount with interest over time. The terms of the bond issuance, such as the interest rate, maturity date, and other conditions, are outlined in a bond prospectus, which is made available to potential investors.
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performance and breach under what circumstances should courts not allow fully informed contracting parties to agree to limit remedies? describe a specific situation where the contracting parties could or could not limit remedies. what societal and/or business principles might be involved in a court's decision?
The circumstances under which courts may not allow fully informed contracting parties to limit remedies are given below: If the law does not permit it.The limitation of the remedy is unconscionable. In this particular case, the contracting parties could not restrict remedies if the limitation of the remedy is unconscionable. The principles of society include: the duty of care, fairness, social justice, and common law precedent
However, courts may disregard certain provisions of a contract because they are deemed to be unconscionable, unfair, or contrary to public policy.
.In the context of contractual remedies, the principle of fairness dictates that the remedy provided in a contract must not be unconscionable. The principles of duty of care and social justice demand that contractual terms that are contrary to the public interest should be disregarded.
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on average, managers spend most of their time doing which managerial activity? group of answer choices traditional management communication human resource management networking systems
On average, managers spend most of their time on traditional management activities. These activities typically involve developing policies, processes, and procedures; monitoring performance; coordinating projects; and developing strategies.
These activities can also involve communication, human resource management, and networking systems, but typically traditional management activities take up the most of a manager's time. Traditional management activities are the primary focus of most managers. These activities are essential to running an effective organization, and involve the development and implementation of policies, processes, and procedures; monitoring performance and measuring outcomes; coordinating projects and people; and developing strategies.
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Manuel would like a job that pays $40,000. He is interested in music and party planning. Manuel is deciding between two career paths. The first is to become a musician. He would start a business where he would perform at weddings and other events. Manuel would be in control of his business, but the pay would depend on the success of his business. The second career path is as an event planner. Event planners usually make between $30,000 and $45,000 a year. However, this career would not involve making music. Manuel decides to pursue becoming an event planner. What would Manuel's top two priorities need to be to make this choice fit into his career plan?
We know that manuel job pays =$40,000 and usually event planners make about -$30,000 to 40,000.
Developing a strong network: In order to attract clients and expand his firm, Manuel would need to develop a strong network of contacts within the event planning sector.
He may go to conferences and networking events, interact with other event organizers on social media, and look for mentorship possibilities.
Creating a strong business plan: Manuel needs a strong business plan that details his services, target market, pricing, marketing plans, and financial predictions in order to succeed as an event planner.
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Research and development, information systems and human resources are examples of ______ activities.
Research and development, information systems, and human resources are examples of Support Activities.
What are support activities?Businesses undertake support activities to support primary activities, which are the core business activities that produce, market, and deliver goods and services to customers. Support activities can be divided into three categories: human resources, information systems, and research and development.
Support activities, according to Porter's value chain model, add value to a company's product or service.In the case of support activities, the company doesn't make any money directly, but it does contribute to the company's ability to perform its primary activities more efficiently or effectively.
The following are the three categories of support activities:
Human Resources (HR): This function deals with recruiting, hiring, training, compensating, and retaining employees. Its objective is to ensure that the company has a skilled and motivated workforce.Information Technology (IT): This function is concerned with collecting, processing, storing, and disseminating information. Its goal is to provide employees with the knowledge they need to do their jobs more effectively.Research and Development (R&D): This function is concerned with developing new products and improving existing ones. Its goal is to enhance the company's product or service offering.Learn more about Support Activities: https://brainly.com/question/30827504
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brand loyalty in the product choice step of the consumer decision-making process is an example of a .
Brand loyalty in the product choice step of the consumer decision-making process is an example of a behavioral aspect. Consumers who purchase a product have a tendency to remain loyal to that brand.
In this stage, consumers have a clear idea of what they want to purchase and where they want to purchase it from. In this case, they may have already decided to purchase a specific product from a particular brand. Brand loyalty is a crucial aspect of the product choice stage.
Brand loyalty is a behavior that indicates a consumer's trust and confidence in a particular brand. It refers to the degree of dedication and commitment that a consumer has towards a particular brand. Consumers who are brand loyal tend to remain loyal to the brand even after switching to other brands for certain periods of time.
Brand loyalty can be fostered by a number of factors, including superior product quality, attractive packaging, competitive pricing, customer service, and other factors. Brand loyalty can also be influenced by social, cultural, and psychological factors.
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a 25-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 8%. required: a. find the bond equivalent and effective annual yield to maturity of the bond if the bond price is $960. (round your intermediate calculations to 4 decimal places. round your answers to 2 decimal places.)
The bond equivalent and effective annual yield to maturity of the bond with par value $1,000, a 25-year maturity, and a coupon rate of 8% can be found using the following formula:
Bond Equivalent Yield to Maturity = [(2 x Coupon Rate) / (Par Value - Bond Price)] x 100
Effective Annual Yield to Maturity = (1 + (Bond Equivalent Yield/2))2 - 1
In this case, the Bond Equivalent Yield to Maturity = [(2 x 8%) / (1,000 - 960)] x 100 = 8.33%
The Effective Annual Yield to Maturity = (1 + (8.33%/2))2 - 1 = 8.53%
Step-by-Step Explanation:
1. The Bond Equivalent Yield to Maturity is calculated by taking the coupon rate (in this case 8%), multiplying it by 2, and then dividing that amount by the difference between the par value (in this case $1,000) and the bond price (in this case $960). The result is then multiplied by 100.
2. The Effective Annual Yield to Maturity is calculated by taking the Bond Equivalent Yield to Maturity (in this case 8.33%), dividing it by 2, adding 1, and then squaring the result.
3. The Bond Equivalent Yield to Maturity of the bond with a par value of $1,000, a 25-year maturity, and a coupon rate of 8% is 8.33%. The Effective Annual Yield to Maturity is 8.53%.
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g number of units in the job10 total machine-hours40 direct materials$ 715 direct labor cost$ 1,430 the company uses a markup percentage of 40% of its total manufacturing cost in determining selling price. the selling price per unit the company would charge for
The selling price per unit that the company would charge for is $3,324.
The given details are,Number of units = g
Total machine-hours = 40Direct materials = $715
Direct labor cost = $1430Markup percentage = 40%
Total manufacturing cost = Direct materials + Direct labor costTotal manufacturing cost = $715 + $1430
Total manufacturing cost = $2145Markup percentage = 40%Markup amount = Total manufacturing cost × Markup percentage
Markup amount = $2145 × 40/100
Markup amount = $858
Total manufacturing cost + Markup amount = Selling price per unit$2145 + $858 = $3003.
However, this is not the final selling price per unit because machine-hours were not taken into account.
Therefore,Selling price per unit = (Total manufacturing cost + Markup amount)/Number of units Selling price per unit
= ($2145 + $858)/g
Selling price per unit = $3003/g
Therefore, the selling price per unit the company would charge for is $3,324.
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Determine which of the items below would show up on a monthly bank statement.
- Deposits and other credits increasing the account during the period
- Checks and other debits decreasing the account during the period
- Beginning-of-period balance in the account
- End-of-period balance in the account
A monthly bank statement is a report that details all transactions made in a bank account during a specific period of time. End-of-period balance in the account is one of the items that would show up on a monthly bank statement.
A bank statement provides information regarding a bank account that an account holder uses to manage their money. Banks generally issue monthly statements to their customers. The statement includes a list of all transactions made during the month, as well as the beginning and ending balances.The statement also shows the beginning balance of the account, the deposits made during the month, the withdrawals made during the month, and the end-of-period balance in the account. Checks, automated teller machine (ATM) transactions, and electronic transfers are all examples of transactions that may be found on a bank statement. The statement also shows any fees charged for account management, such as overdraft fees, monthly service fees, or ATM fees.Bank statements serve as an important financial record that individuals can use to manage their money. Account holders can compare their receipts and their bank statements to ensure that all transactions are accounted for and to check for any discrepancies.https://brainly.com/question/15525383
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Hi! A monthly bank statement provides an overview of your account activity, including deposits, withdrawals, fees, and interest earned. In relation to the end-of-period balance, the items that would show up on a monthly bank statement are:
1. Beginning balance: The account balance at the start of the month.
2. Deposits: Money added to the account, such as salary, transfers, or cash deposits.
3. Withdrawals: Money taken out of the account, like ATM withdrawals, check payments, and electronic transfers.
4. Fees: Any charges imposed by the bank, including account maintenance, overdraft, or ATM fees.
5. Interest earned: If the account earns interest, this amount will be included.
6. End-of-period balance: The final balance in the account after accounting for all transactions during the month.
These items provide a comprehensive summary of your account's financial activity, allowing you to track your spending, ensure accuracy, and maintain a healthy financial status.
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bruce is purchasing a duplex for $275,000. he has given $2,000 in earnest money and the closing costs are $3,750. the lender has agreed to a 75% ltv. the seller has agreed to pay $2,000 in closing costs. how much does bruce need to bring to closing?
Answer:
1750
Explanation:
I'm notsure but it should be 1750 because I calculated it with a formula but it might not be the right answer
the relationship showing spending at each level of real gross domestic product or real income is known as the
The relationship showing spending at each level of real gross domestic product or real income is known as the aggregate expenditure model.
What is the aggregate expenditure model?
The aggregate expenditure model (AE) is a macroeconomic model that analyzes the relationship between aggregate expenditures and the level of real GDP (gross domestic product).
It represents the relationship between the total spending on goods and services produced in a country and the total output of goods and services that are produced in the country.
The model explains how an economy's aggregate expenditures (AE) affect the level of national income or gross domestic product (GDP).
It shows that the equilibrium level of real GDP is determined by the intersection of the aggregate expenditure line and the 45-degree line. The AE model assumes that the economy's price level is constant in the short run.
The components of aggregate expenditure are consumption (C), investment (I), government spending (G), and net exports (NX).
AE = C + I + G + NX
The components of aggregate expenditure are explained below:
Consumption (C) is the largest component of aggregate expenditure in most countries. It refers to spending on goods and services by households.
Investment (I) refers to spending by businesses on new machinery, equipment, and buildings.
Government spending (G) refers to the purchase of goods and services by the government.
Net exports (NX) are the difference between exports (X) and imports (M).
The formula for GDP is:
GDP = C + I + G + NX
Where:
GDP is the gross domestic product
C is the consumption
I is the investment
G is the government spending
NX is the net exports
The relationship between the spending at each level of real GDP or real income is known as the aggregate expenditure model, and the components of aggregate expenditure are consumption (C), investment (I), government spending (G), and net exports (NX).
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when firms decide how much labor to hire, one of the factors that influences them is the group of answer choices
When firms decide how much labor to hire, one of the factors that influence them is the wage rate.
Labor is an important factor of production, and its demand is derived from the demand for the product it produces.
Firms need to decide how much labor to hire in order to achieve maximum profits.
How much labor to hire is determined by considering various factors, including the cost of labor, labor productivity, and the demand for the product. Wages which are the price of labor, are a key factor that influences the quantity of labor demanded by the firms.
Therefore, the wage rate is one of the factors that influence the decision of firms when deciding how much labor to hire. The wage rate is determined by the interaction of demand and supply for labor in the labor market. The higher the wage rate, the higher the cost of labor, and the lower the quantity of labor demanded by the firms.
Hence, firms will try to balance the cost of labor and the productivity of labor to achieve maximum profits.
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in a small, closed economy, national income (gdp) is $400 million for the current year. individuals have spent $150 million on the consumption of goods and services. they have paid a total of $200 million in taxes and the government has spent $150 million on goods and services this year. use this information and the national income identity to answer the questions. how much does the economy spend on investment?
The economy spends $100 million on investment in a small, closed economy.
We can calculate the economy's spending on investment by using the national income identity:
GDP = Consumption + Investment + Government Spending + Net Exports
Therefore, Investment = GDP - Consumption - Government Spending - Net Exports
Substituting the values, we have: Investment = $400 million - $150 million - $200 million - $0 (as this is a closed economy) = $50 million
Therefore, the economy spends $50 million on investment.
The economy spends $100 million on investment. The national income identity equation is Y = C + I + G + NX, where Y represents national income (GDP), C represents consumption, I represents investment, G represents government spending, and NX represents net exports.
The information given is as follows:
Y = $400 million
C = $150 million
G = $150 million
Taxes = $200 million
Using the national income identity equation, we can solve for I, which is the investment component of GDP.
Therefore, I = Y - C - G - NXI = $400 million - $150 million - $150 million - $0 (since it's a closed economy and there are no exports) I = $100 million.
Therefore, the economy spends $100 million on investment.
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suppose you buy a share of stock today for $5,000 and sell it for $8,000 at the end of five years. what interest rate will you have earned on your investment
Answer:
To calculate the interest rate earned on the investment, we can use the formula for compound interest:
FV = PV*(1 + r)^n
Where:
FV = Future value of the investment
PV = Present value of the investment
r = Annual interest rate (in decimal form)
n = Number of compounding periods
We can rearrange this formula to solve for the interest rate, which gives us:
r = (FV/PV)^(1/n) - 1
Substituting the given values, we get:
r = ($8,000/$5,000)^(1/5) - 1
r = 0.099 - 1
r = 0.098 or 9.8%
Therefore, the interest rate earned on the investment is 9.8%.