Janice believes the inflation rate will be 4.72% next year
Compute the exact inflation rate as follows:
Nominal rate of interest =(1 + real rate)x(1 +inflation rate)-1
11%=(1+6%)x(1 +inflation rate)-1
1+11% / (1+6%) -1 = inflation rate
inflation rate =4.72%
Thus, the inflation rate is 4.72%.
On the above, the better costs of those objects earn the lender more interest. As an example, if the rate of tv will increase from $1,500 to $1,600 due to inflation, the lender makes extra money due to the fact that 10% interest on $1,600 is more than 10% interest on $1,500.
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natural monopolies pose a particular problem for policymakers because the natural monopolist is able to achieve multiple choice question. higher costs of production than multiple competing producers would. lower profits than multiple competing producers would. lower costs of production than multiple competing producers would. greater output than multiple competing producers would.
When average costs are decreasing across the range of output necessary to meet market demand, a natural monopoly develops. This frequently occurs when fixed costs are significantly higher than variable costs.
What is a natural monopoly, and how can it be controlled by the government?
A business with a natural monopoly may be the exclusive supplier of a good or service in a given sector or region. Natural monopolies are permitted when one firm can provide a good or service for less money than any potential rival, but they are frequently very tightly controlled to safeguard consumers.
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magine a north carolina farmer has two parcels of land that he can use for crop production. the first parcel is not currently in production but the second one is. in response to a new federal climate change law the farmer decides to enroll his second parcel in an offset program that allows him to sell carbon credits to polluting firms at a profit. at the same time, he decides to return his first parcel into production. this type of behavior represents the well-known concern with offset programs that is referred to as: select one: a. additionality. b. permanence. c. leakage. d. slippage.
An appropriate choice is option (d). This kind of conduct exemplifies the well-known issue with offset schemes known as slippage.
What does trading slippage mean?Slippage is the difference between an order's anticipated price and the price at which it is executed. Slippage can happen at any time, but it is most common when market orders are employed and there is greater volatility.
Affects price slippage?Price effect, as opposed to price slippage, is the price change directly brought about by your trade. Price slippage refers to the change in price brought about by external broad market movements (unrelated to your trade).
How does slippage happen?Liquidity refers to the speed at which an asset may be bought and sold without affecting its price, and it is what determines how much slippage occurs. Therefore, the slippage % will be larger when there is less market activity or liquidity for a particular asset.
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WILL GIVE POINTS I need help choosing a subject for this assignment
In the United States, business regulations have been evolving since the 1800s. Chose an aspect of federal regulation of business practices, such as workplace safety, finance reform, or consumer protection, and create a presentation that is a timeline identifying five key factors that contributed to the definition and implementation of the regulation as it is enforced today. You can go online and research significant regulations or legislation; many of the federal agency websites may be of value. For each one, including the following information:
Date it was passed
Circumstance that motivated it
Who it benefits and why
You can use the presentation software of your choice for this assignment. Make sure that you are using reputable websites and include a list of at least three appropriate websites at the end. Your presentation should be well organized, free of mechanical errors, and easy to read.
The tax (excise tax) is an example of federal regulation of business practices.
Why was the Excise tax set up?The United States Constitution established tariffs and excise taxes, and Alexander Hamilton, the country's first secretary of the Treasury, suggested using them to charge foreign imports in 1789.
The people that benefit from the excise tax is the government. It was said to be first set up for revenue generation. When compared to other options like income taxation, excise taxes may provide large government revenue at a lower political or economic cost.
Therefore, One of the most prevalent taxation methods used by the federal government is the excise tax. This also holds true for particular products or services like alcohol, tobacco, and gasoline. This can also be accomplished by increasing prices for consumers in order to pass on the tax expense.
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an advantage of a partnership compared to a sole proprietorship is that a partnership multiple choice question. is simpler than other forms of organization. is cheaper than other forms of organization. is less complex than other forms of organization. is able to raise larger amounts of capital.
A partnership is a simpler form of organization than a sole proprietorship. A partnership is cheaper to form than a corporation, and it is less complex than a corporation. A partnership is able to raise larger amounts of capital than a sole proprietorship.
What is partnership?
A partnership is an agreement in which two or more people, known as business partners, agree to work together to further their shared interests. Individuals, businesses, interest-based organisations, schools, governments, or combinations can form partnerships. Organizations may collaborate to raise the chances of each completing their objective and to broaden their influence. A partnership may result in the issuance and holding of equity or it may be regulated solely by a contract.
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mansfield pharmaceuticals markets zipro, an antibiotic. the firm has fixed costs of $1,000,000 and variable costs of $2 per bottle of 50 tablets priced at $10 per bottle. what is the break-even volume?mansfield pharmaceuticals markets zipro, an antibiotic. the firm has fixed costs of $1,000,000 and variable costs of $2 per bottle of 50 tablets priced at $10 per bottle. what is the break-even volume?
125,000
Fixed Costs/ (Price-Variable Cost)
1,000,000/ (10-2)
=125,000 units is the break-even volume.
In arithmetic, a variable is a symbol and placeholder for any mathematical item. Especially, a variable can also constitute a number, a vector, a matrix, a feature, the argument of a function, a set, or a detail of a hard and fast. Algebraic computations with variables as though they had been specific numbers resolve various troubles in a single computation. As an example, the quadratic formulation solves any quadratic equation with the aid of substituting the numeric values of the coefficients of that equation for the variables that constitute them in the quadratic system. In mathematical common sense, a variable is either an image representing an unspecified term of the theory (a meta-variable) or a primary item of the theory this is manipulated without referring to its possible intuitive interpretation.
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Which two content strategies did beauty brand clinique leverage to launch an exclusive 7-piece travel-sized kit when their almost lipstick in black honey surged in 2021?.
The two content strategies that the brand Cliniqu used to be able to get their presence known when they launched in 2021 was:
They had a partnership with inst/a/gramThey also used ads as a way of creating strategies.What is a content strategy?This is the term that is used to refer to the ways that a business would be able to get the people that they would want to have as a consumer base to see the product that they have.
It is a way of getting people to but their goods through the use of advertising. Inst/a/gram was one of the media that they partnered with for this.
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flitter reported net income of $17,500 for the past year. at the beginning of the year the company had $200,000 in assets and $50,000 in liabilities.by the end of the year, assets had increased to $300,000 and liabilities were $75,000. calculate its return on assets:
The return on assets is calculated to be 7% if the reported net income for the past year was $17,500
To determine the return on assets, we first calculate the average total of assets as follows;
Average total assets = (Opening assets + Closing assets) ÷ 2
Substituting the given value of opening and closing assets in this equation;
Average total assets = ($200,000 + $300,000) ÷ 2
Average total assets = $500,000 ÷ 2
Average total assets = $250,000
Now we can calculate the return on assets by using the following formula;
Return on assets = Net income ÷ The total average assets
Substituting the values of net income and total average assets;
Return on assets = 17,500 ÷ 250,000
Return on assets = 0.07
Converting it into percentage;
Return on assets = 0.07 × 100 = 7%
Therefore, the return on assets is calculated to be 7% if by the end of the year, assets had increased to $300,000 and liabilities were $75,000.
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a polisher has a production cycle that consists of 36 minutes of setup time, followed by 53 minutes of production. while producing, the polisher produces 212 parts per minute. what is the capacity of the polisher in parts per minute?
The machine can produce 212 components per minute is the capacity of the polisher in parts per minute
first determine the overall duration.
Total time equals production time plus setup time.
36 minutes plus 53 minutes total.
Time taken: 89 minutes.
Add up all the units.
Total Units = Minutes of Production x Hours of Time
Total Units = 212 PPM multiplied by 89 minutes.
Units in total = 18868 parts
Determine the parts per minute now.
Total Units / Total Time equals parts per minute.
18868 pieces / 89 minutes equals parts per minute.
212 parts per minute is one minute in parts.
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thornton universal sales' cost of goods sold (cogs) average $2,000,000 per month, and it keeps inventory equal to 50% of its monthly cogs on hand at all times. using a 365-day year, what is its inventory conversion period? a. 14.4 days b. 16.7 days c. 13.0 days d. 15.2 days e. 11.7 days
The inventory conversion period will be 15.2 days
Cost of goods per month = $2,00,0000
Calculating the cost of goods for a year -
= 12 × 2000000 ( There are 12 months in a year)
= $24,00,0000
Since inventory is 50% of monthly COGS
Therefore,
Average inventory
= 50 % of 2,00,0000
= $10,00,000
Calculating COGD per day -
= 24,00,0000/365 ( There are 365 days in a year)
= 65753.42
Calculating inventory conversion period -
Average Inventory/COGS per day
= 10,00,000/65753.42
= 15.20
The inventory conversion period will be 15.2 days
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ppw co. leased a portion of its store to another company for eight months beginning on october 1, 20018, at a monthly rate of $800. this other company paid the entire $6,400 cash on october 1, which ppw co. recorded as unearned revenue. the journal entry made by ppw co. at year- end on december 31, 2018 would include:
The journal entry made by ppw co. at year- end on December 31, 2018 would include: 2400 DOLLARS
What is journal entry?
A diary entry is the expression of recording any transaction, whether one that is economic or not. An accounting publication that displays the debit and credit account balance of a company lists transactions. Multiple sound, that are each either one debit or a credit, may be included in the journal entry. The total of a debits and credits must be equal in order for the journal entry to be considered balanced. Depreciation or bond amortisation are examples of recurring items that can be recorded in journal entries. Accounts payable typically has a separate subledger that indirectly influence the overall ledger, and journal entries are typically entered using a different module in accounting software. As a result, general ledger account balances are changed directly by journal entries.
=$800.00 X3 =2400 DOLLARS
RENT EARNED = 2400 DOLLARS
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listed below are selected rules of conduct and ethical problems. match the rule with the problem to which it applies. (one rule of conduct may apply to more than one ethical problem.) rules a. independence b. integrity and objectivity c. general standards d. compliance with standards e. accounting principles f. contingent fees g. acts discreditable h. advertising and other forms of solicitation i. commissions and referral fees j. form or practice and name
Though your question is incomplete, I hope you have the second part of the question where the following ethical problems must be answered:
1. If an audit client owes the CPA past-due audit fees, the rule of conduct that must be applied is F. Contingent Fees
2. If there is a member that violates rules issued by the Accounting and Review Services Committee, then it's G. Acts Discreditable.
3. If the CPA accepts a percentage of the client's loan as an audit fee, then it must be I. Commissions and Referral Fees
4. If a CPA robs a service station, then it's D. Compliance with Standards
5. If auditors fail to qualify their opinion on financial statements that do not properly apply FASB standards, the it has to be E. Accounting Principles
Ethical problems related to accounting and auditing of a business can be solved by Rule of Conduct. There are codes, rules and regulations that must be followed to regulate companies and to avoid losses, frauds, as well as other criminal deeds like money-laundering and embezzlement.
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Listed below are selected Rules of Conduct and ethical problems. Match the rule with the problem to which it applies.
(One Rule of Conduct may apply to more than one ethical problem.)
Rules:
A. Independence
B. Integrity and objectivity
C. General standards
D. Compliance with standards
E. Accounting principles
F. Contingent fees
G. Acts discreditable
H. Advertising and other forms of solicitation
I. Commissions and referral fees
J. Form or practice and name
Rules:
1. An audit client owes the CPA past-due audit fees.
2. A member violates rules issued by the Accounting and Review Services Committee.
3. A CPA accepts a percentage of the client's loan as an audit fee.
4. A CPA robs a service station.
5. The auditors fail to qualify their opinion on financial statements that do not properly apply FASB standards.
jenny has decided to raise the prices on the products that she sells. after doing some market research she has concluded that her business is the only producer of the product and that there are generally no substitutes. what market system is jenny in? group of answer choices
Jenny has a monopoly in the market of the product which she is selling.
A monopoly is a type of market where the good that is sold, has no close substitute, and the entire control over the price and quantity supplied lie in the hands of one sole producer. Here that producer is jenny. In marketing, a product is an object, system, or service created obtainable for consumer use as of the patron demand; it's something that will be offered to a market to satisfy the {need} or need of a customer.
In retailing, merchandise is typically noted as merchandise, and in manufacturing, products are bought as raw materials and then oversubscribed as finished goods. Service is also considered a kind of product. Commodities are sometimes raw materials that love metals and agricultural products, however, a trade good may be anything wide available within the open market. In project management, products are the formal definition of the project deliverables that structure or contribute to delivering the objectives of the project.
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nomar is considering the purchase of an $18,000 car. he plans finance 80% of the value of the car (he will put down 20% at the time of purchase) and is offered five-year financing at 7%. what will be his monthly payment if financed with a 7% simple interest installment loan?
The formula to calculate periodic loan payment amounts is
(P * r * (1+r)n)/((1+r)n-1)
Where P is the principal Amount
R is the periodic interest rate
n is the number of periods
Given that the interest rate is 7%
Now monthly interest rate is ( 1.07)1/12 -1
= 1.00565415 -1
= 0.00565415
Or we can say that the interest rate is 0.565415%
Given that the amount borrowed is 80% * 18000 = 14,400
Number of months = 5 *12 = 60 Months
Therefore 14,400 * 0.00565415 * ( 1.00565415)60/(( 1.00565415)60 -1)
= 14,400 * 0.00565415 * 3.48415277
= $283.6786
Therefore the monthly installment amount is $283.6786
A set-rate charge is an installment mortgage with an interest rate that can't be modified throughout the life of the loan. The fee quantity will also continue to be identical, although the proportions that cross closer to paying off the interest and paying off the primary will vary.
Divide your interest fee by using the wide variety of payments you may make that yr. If you have a 6 percent interest charge and you are making monthly bills, you would divide 0.06 with the aid of 12 to get zero. Half. Multiply that variety by using your closing loan balance to discover how a whole lot you may pay in a hobby that month.
A $500,000 annuity would pay you $1916 hobby in line per month. If you allow your annuity hobby to build up and make a withdrawal yearly a $500,000 annuity could pay $23,491 according to 12 months. You may evaluate ultra-modern maximum fixed annuity prices here.
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linebacker co. has 7 percent coupon bonds on the market with 9 years left to maturity. the bonds make annual payments. if the bond currently sells for $1,080, what is its ytm?
The YTM is 4.5%. Yield to maturity (YTM) is the overall rate of return that a bond will have earned once all interest payments are made and the principal is repaid.
What is yield of maturity?The entire rate of return anticipated to be earned by an investor is indicated by the yield to maturity, book yield, or redemption yield of a bond or other fixed-interest product, such as gilts.
Yield to maturity (YTM) is the overall rate of return that a bond will have earned once all interest payments are made and the principal is repaid. In essence, YTM represents the internal rate of return (IRR) on a bond if held to maturity.
A word that is closely related to bonds is yield to maturity (YTM), which calculates the investment's cash flow over time. When a bond matures, the total return anticipated is stated as an annual return.
Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.
Face value = F = $1,080
Selling price = P = $1,080.0
Number of payment = n = 7 years
Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]
Yield to maturity = $1,080 / 9 / 1,080 / 2
Yield to maturity = 4.5
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how does it benefit retailers when customers order products online but pick them up in the store? multiple choice question. it requires fewer allocation systems. it reduces the need to offer coupons. it allows for lower inventory levels. it leads to additional sales.
When the customers order products online but pick them up in the store, its benefits the retailers because it can leads to additional sales.
What is the meaning of Buy Online, Pick Up in Store?The phrase have the acronym "BOPIS" which stands for buy-online-pickup-in-store. The practice of offering this service has grown as shoppers are becoming too busy to browse items in-store and are more comfortable buying online.
Based on the trends, the Buy Online, Pick Up in Store allows the retailers to blend the online and in-store experience to engage with customers while offering a more convenient way to shop.
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24. refer to charholi december 31, 2019 income statement shown below. charholi began 2019 with a taxes payable account balance of $7 million. if it ended 2019 with a taxes payable account balance of $10 million, how much did it pay in taxes in 2019? $12.6 million $18.6 million $22.6 million $25.6 million
In 2019, Charoli paid taxes of $12.6 million as per the given income statement
Taxes payable account balance at the beginning of 2019 = $7 million
Taxes payable account at the end of 2019 = $10 million
As per the given question:
The tax expense in the income statement for the year = $15.6 million
But, there has been an increase in the tax payable during the year from $7 million to $10 million.
This means that $3 million of taxes have not been paid this year.
Hence, the final tax paid by the company is = 15.6 - 3 = 12.6 million
Option 1. is the correct answer
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________ is a form of distribution aimed at having a product available in every outlet where target customers might want to buy it.
Intensive distribution is a method of product distribution that aims to make a product available in every store where potential buyers might look to buy it.
By utilizing all possible outlets, intensive distribution strives to provide saturation coverage of the market. Total sales are frequently linked to the number of outlets used (e.g., cigarettes, beer). A corporation may use an intensive distribution marketing plan to try to sell its goods from a small vendor to a large retailer. Selling more products is intensive distribution's main objective. By utilizing all accessible outlets, intensive distribution aims to provide saturation coverage of the market .The focus on consumer convenience is typically what motivates this strategy. For example, items like a bag of chips or a Coke must be easily available for people to purchase them.
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the dahlia flower company has earnings of $3.64 per share. if the benchmark pe for the company is 18, how much will you pay for the stock? note: do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. if the benchmark pe for the company is 21, how much will you pay for the stock?
If the benchmark PE for the company is 18, you will pay $65.12 for the stock. If the benchmark PE for the company is 21, you will pay $76.44 for the stock.
What is stock?
Stock (also known as capital stock) in the financial industry refers to the shares into which ownership of the a company or corporation is divided. A single share of stock represents a fractional ownership interest in the company based on the total number of shares. This generally entitles the shareholder to a certain percentage of the company's value, proceeds from the sale of company assets (after paying off all high ranking claims such as secured and unprotected debt), or voting rights, often allocating these in proportion to the amount of cash each stockholder has invested. Not all stock is created equal; for instance, some classes may be granted enhanced voting rights, voting rights without restrictions, or a preference for receiving profits or liquidation continues before or after other courses of shareholders.
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sadhana smiles, the management expert interviewed in this video, identifies several aspects of employee disengagement, including arriving late, leaving early, pessimism, and negativity. all of these are examples of:
All the elements are examples of Counterproductive behaviors
Employee conduct that is contrary to the organization's legitimate interests is referred to as counterproductive behaviour. Theft or fraud, pessimism, sexual harassment, work bullying, absenteeism, drug usage, violence at work, and sabotage are the examples of this behavior. These actions may hurt businesses or the individuals who work there, such as clients, customers, and employees.
In the given statement, Sadhna was smiling during the interview. Further, the management expert also identified late coming, pessimism, and leaving early which all account for Counterproductive behaviors
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james, age 8, understands that a dollar changed into 4 quarters is still a dollar. this means that james has achieved the cognitive milestone of .
That james has achieved the cognitive milestone of reversibility.
The ability of a sensor to recover, or return to its original background/baseline condition, after exposure to an analyte is referred to as reversibility.
What is reversibility ?A mental process that reverses a series of events or returns a changed state of affairs to its original state. The ability to recognise that a glass of milk poured into a bottle can be poured back into the glass and remain unchanged exemplifies it.
The third stage in Piaget's theory of cognitive development is known as the Concrete Operational stage. The child's use of logical thinking increases during this stage, which lasts from 7 to 12 years. One of the critical processes that emerges is reversibility, which refers to the ability to recognise that numbers or objects can be changed and returned to their original state.
Cognitive development refers to how children think, explore, and solve problems. It is the development of knowledge, skills, problem solving, and dispositions that enables children to think about and comprehend their surroundings. Cognitive development includes brain development.
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what is a useful technique that enables managers to examine the relationships among cost, price, revenue, and profit over different levels of production and sales?
Break-even analysis is a practical method that enables managers to assess the links between cost, price, revenue, and profit over various levels of production and sales.
With examples, define break-even analysis.When determining when you will break even financially, a break-even analysis compares the costs of a new business, service, or product against the unit sale price. In other words, it indicates the time when you will have generated enough revenue to pay for all of your expenses.
Assume a business has a 37% gross margin and $1 million in fixed costs. ($1 million / 0.37) yields $2.7 million as the break-even threshold. In the scenario above, the business has to make $2.7 million in sales to cover its fixed and variable costs. If it increases sales, the business will turn a profit.
Why is breakeven analysis necessary and what does it entail?A computation known as a breakeven analysis advises small business owners how much product must be sold in order to be profitable. It aids business owners in developing a pricing strategy that would produce a gross profit in addition to covering costs.
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A manager that views most employees as motivated to do work is operating under blank______, while a manager that views most employees as lazy, is operating under blank______.
Answer: Theory Y; Theory X
an investor sells 100 shares short at $43. the sale requires a margin deposit equal to 60 percent of the proceeds of the sale. if the investor closes the position at $49, what was the percentage earned or lost on the investment? if the position had been closed when the price of the stock was $27, what would have been the percent earned or lost on the position?
The percentage lost on the position will be equal to 23.2%.
Investment may be defined as any asset that is made by an individual or an organization in the hope that it will prove beneficial in future. An investment can be in form of cash, deposits, gold or real estate. The individual investing the assets is known as Investor. According to the question the shares are sold at
$43 X 100 = $4,300 and
the Margin requirement = 0.6 x $4,300 = $2,580
Now, further when the price of the stock rises to $49, the investor loses $4,900 - $4,300 = $600
Therefore, the percentage lost on the invested funds is given as
($600)/$2,580 = 23.2%
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assume that a u.s. firm can invest funds for one year in the united states at 12 percent or invest funds in mexico at 14 percent. the spot rate of the peso is $.10 while the one-year forward rate of the peso is $.10. if u.s. firms attempt to use covered interest arbitrage, what forces should occur? group of answer choices
Invest funds - forces should occur spot rate of peso increases; forward rate of peso decreases.
What is investment funds?
An investment fund is a pool of funds from multiple investors that is used to buy securities collectively while each investor retains control and ownership of his or her individual shares. An investment fund offers a bigger range of investment choices, more management skills, and lower investment fees than individual investors could acquire. Mutual funds, marketplace funds, money markets, and hedge funds are all examples of investment funds. Individual investors do not make judgments about how a fund's assets must be allocated when they invest in investment funds. They just select a fund depending on its objectives, risk, fees, and other considerations.
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what was the outcome of the microsoft temporary-worker lawsuit? select one: a. fringe benefits for gig workers were eliminated. b. plaintiffs were paid the value of stock options they would have received if employed. c. temporary workers were employed. d. internal revenue service penalties were avoided.
Option (b) is the best choice because plaintiffs got compensation equal to the value of the stock options they would have been granted if hired.
What was the result of the Microsoft temporary worker lawsuit?Microsoft Corp. and a legal firm representing more than 8,000 temporary employees at the software provider today announced a settlement of a class-action lawsuit in which Microsoft will pay the workers and their attorneys a total of $97 million.
Is Microsoft the target of a class action lawsuit?Cash reimbursements or volume licensee vouchers are the two types of compensation available to qualifying Class Members under the terms of the Microsoft class action settlement. Consumer Cash Payments are offered to qualified Class Members who bought a license for one of the Microsoft products mentioned here.
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the qualified monthly housing cost a lender will allow a loan applicant, based on the applicant's income and the lender's income ratio, is not likely to include the cost of
Homeowner's insurance (PITI) .
PITI is an acronym that stands for principal, interest, taxes and insurance.
What is PITI?In most mortgages, PITI is the sum of the monthly principal, interest, taxes, and insurance, which add up to the monthly mortgage payment.Housing payment each month (PITI)
The lower of these two calculations is used to calculate the maximum monthly payment (PITI): Monthly PITI = monthly income X 28%. Monthly PITI = monthly income x 36% minus other loan payments.This is the maximum monthly principal and interest payment you can make. It is computed by deducting your monthly taxes and insurance from your PITI payment. This calculator determines the mortgage amount you could qualify for based on your maximum PI payment.To learn more about PITI refer to :
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While the practice of forming an o with the thumb and index finger indicates ok in american culture, in japan it means __________.
The sign that is used for OK in the United States (a thumb and an index finger form a circle, other fingers are stretched out) means “money” in Japan.
For most English-speaking countries, the Ok gesture of America denotes permission, agreement, and that everything is fine. In Japan, the one-handed ring expression is used to represent money, and the circular shape of the fingers represents a coin. The sign is sometimes used to avoid verbal awkwardness when discussing or requesting money. In other contexts, it may imply a bribe or other illegal financial transactions, or it may indicate an open invite to enter into business negotiations.
In other parts of the world, the sign can also be used to express money, banking transactions, wealth, or the cost of an item.
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which of the following factors could be a significant reason for one country to be poorer than another? a) higher rate of inefficiency. b) lower level of technology. c) none of the above. d) both a) and b). g
The factors could be a significant reason for one country to be poorer than another are
higher rate of inefficiencylower level of technologyWhy some countries are poorer than other countries?Economic considerations: Some nations have extremely high debt loads. As a result, there is relatively little money left over for development initiatives after paying large sums of money in interest and repayments. Factors related to the environment - some regions have environmental problems that can hinder development. Numerous traditional livelihoods are increasingly under threat from the overexploitation of resources like fish and minerals as well as the decreasing access to arable land (sometimes as a result of war, population growth, or climate change).
Government is partially responsible for a country's success or failure. The reason why so many nations in the third world continue to live in poverty is also due to poor management, which includes ineffectiveness in tracking the nation's income and resources, failure in diplomatic efforts, and ineffectiveness in anti-corruption campaigns.
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gulliver travel agency thinks interest rates in europe are low. the firm borrows euros at 10 percent for one year. during this time period, the dollar falls 17 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 17 percent fall in the value of the dollar as well as the interest payment.)
The effective interest rate on a loan is 28.7%
The percentage at which euros are borrowed = 10%
Fall in dollar price = 17%
Let us suppose the loan borrowed is 100 euros, and the current exchange rate for dollars to euros is 1:1. Thus the amount borrowed is $100. In one year, the total amount owed, measured in terms of euros, is:
100*(1+10%) = 110
Since the dollar depreciates against the euro by 17%, the exchange rate in one year will be 1 euro = (1 + 17%) = 1.17 USD. Thus the amount owed in one year, when expressed in USD, is:
110 * (1 + 17%) = 128.7
This is equivalent to borrowing $100 and paying $128.7 in one year. Therefore, the effective interest rate is:
(128.7 - 100) / 100 = 28.7%
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in a perpetual inventory system, which of the following statements are true? (check all that apply.) multiple select question. the purchaser should record freight-in as an asset, inventory. the purchaser should record freight-in as a selling expense. the seller should record freight-out as a selling expense. the seller should record freight-out as cost of goods sold.
In a perpetual inventory system, the statements that are true statements includes:
The seller should record freight-out as a selling expensethe purchaser should record freight-in as an asset, Inventory.What is a perpetual inventory system?In accounting, a perpetual inventory means the method that continuously records inventory changes in real time with computerized point-of-sale systems by removing the need for physical inventory checks. This perpetual inventory provides a detailed view of changes in inventory with immediate reporting of the amount of inventory in stock and accurately reflects the level of goods on hand.
Going forward, the system of perpetual inventory is a program that continuously estimates your inventory based on your electronic records, not a physical inventory and starts with the baseline from a physical count and updates based on purchases made in and shipments made out.
In conclusion, the advantages of a perpetual inventory system are real-time updates, more exact forecasts but we must be aware of the disadvantages and its drawbacks includes lost items, scan errors, theft, hacking, etc.
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