Answer:
$18,000
Explanation:
Since the two insurance polices are for 18 months and 2 years respectively, at $36,000 and $12,000 each, we can deduce that by the 31st of December, 2012 a year each has been off the policies.
By that, we can simply deduce that for the $36,000 liability policy, its monthly rate is $2,000 ($36,000 ÷ 18). Same can be said for the crop damage plan at $12,000 for 2 years. If a year is off the plan, the 2nd year is worth $6,000 ($12,000 ÷ 2).
Therefore, from the liability policy, we have $12,000 left for the 6 months left on the plan while we have $6,000 on the crop damage plan for the next year 2013.
Adding both remainders gives $12,000 + $6,000 = $18,000
Cheers.
Morrison Foods has decided to introduce a new line of turkey products to the American consumer. Turkey steaks resemble beefsteak in taste and are leaner and healthier for a variety of reasons. However, the company is concerned that the product will not be accepted in America. If Morrison Foods follows a strategy of ________, they are more likely to have a successful introduction of the new product.
Answer:
Cultural congruence
Explanation:
Cultural congruence refers to the process that leads towards an efficient interaction between the producers and the consumers. This process is modeled upon the phenomena of evolving and growing cultural significance. The amalgamation and interaction between the provider and the consumers lead to the quality of the service provided.
The given excerpt brings towards the use of the strategy of cultural congruence. The company Morrison Foods took the step of introducing Turkey products to American consumers. Improving the quality of the product and the mode of communication and care may help the company establish a good relation and customers in America.
Kacey grew up sailing and still loves it today. After securing a great job after graduation, he started saving for his own sailboat. He had his eye on one in particular and had saved about half what he needed when his company transferred him to Phoenix, which didn't have the same recreation options. Which of the following best describes Kacey?
a. Kacey is both in the market and the target market for the sailboat.
b. Kacey is not in the market for the sailboat yet.
c. Kacey was in the market for the sailboat prior to his move to Phoenix.
d. Kacey is in the market for this sailboat but not the target market
Answer:
b.
Explanation:
Based on the scenario at hand and the different options listed it can be said that the one that best describes Kacey is that Kacey is not in the market for the sailboat yet. That is because even though Kacey loves sailing, where she currently lives (Phoenix) does not have places to sail. Also, she does not even have the money to buy a sailboat yet and therefore is not in the market to buy one at the current moment in her life.
Darrell works for a company that promotes an entrepreneurial culture. Employees are encouraged to discuss new ideas. Development time is provided on the job for those ideas that float to the top. Employees who use their creative talents to generate ideas and create products within large companies are called
Answer:
intrapreneurs
Explanation:
Intrapreneurs are people that work in a big company developing new ideas using the resources of the organization to improve its performance and results. According to this, the answer is that employees who use their creative talents to generate ideas and create products within large companies are called intrapreneurs because they work in a company developing ideas to generate positive results for it.
What type of interest group seeks the betterment of society as a whole or the reform of the political, social, or economic system in ways that do not directly affect their members pocketbooks
Answer:
The correct answer will be "Non-economic interest groups ".
Explanation:
Such special interests as well as define the classifications of non-monetary or economic interest groups but mostly their serving congressional districts. Citizen organizations are structured around the purposeful rewards that are reasons to facilitate a causation one specializes throughout.This is indeed a party that aims to change almost everything in the community or overhaul the democratic, social structure in a way that still does not ultimately affect the campaign coffers of the participants.A couple visits Orlando and has dinner at the A Land Remembered restaurant at Rosen Shingle Creek Resort. They spend $100 and leave a nice 20% tip for the waitperson. The waitperson gets the tip added to his/her weekly wage, which s/he uses to pay his/her rent, food, and transportation expenses. The restaurant owner uses part of the $100 to purchase supplies; pay utilities, insurance, and taxes; and covers part of his/her payroll. The food vendor pays his/her suppliers and employees, and on and on this goes. What is this process called
Answer:
Multiplier effect
Explanation:
Multiplier effect is an economic term for a phenomenon where increased spending results in increase in national spending and consumption that is greater than the initial amount spent.
It is when an increase in an economic factor causes an increase in many other economic variables.
In the given scenario the couple spend $100 and leave a nice 20% tip for the waitperson. The waitperson gets the tip added to his/her weekly wage, which s/he uses to pay his/her rent, food, and transportation expenses. The restaurant owner uses part of the $100 to purchase supplies; pay utilities, insurance, and taxes; and covers part of his/her payroll. The vendor also pays his suppliers.
This extended effect of the $100 spent on other economic variables is called the multiplier effect.
A salesperson obtains several listings by going door-to-door in a neighborhood and warning residents that property values will drop once members of minority groups begin moving into the neighborhood. This would be considered:
Answer:
Blockbusting
Explanation:
Blockbusting is defined as a practice where agents persuade owners to sell properties at a lower price by creating fears that people of another race or class will enter the area and property prices will drop.
The properties are sold afterwards for higher prices, therefore the agent makes profit.
This is a tactic used in the United States by real estate agents to convince white people sell property at a cheap price by creating fear of minorities entering the neighbourhood
Conscious marketing: Group of answer choices is often grafted on to traditional business model, usually as a separate department or part of PR. is independent of corporate purpose or culture. sees limited overlap between the business and society, and between business and the planet. recognizes that business is a subset of society, and that society is a subset of the planet. reflects a mechanistic view of business.
Answer:
recognizes that business is a subset of society, and that society is a subset of the planet.
Explanation:
Conscious marketing recognizes that business is a subset of society, and that society is a subset of the planet.
This ultimately implies that, conscious marketing encourages or jeer various organizations to engage in social responsibilities such as ethical and social activities.
Basically, an organization that engage in conscious marketing is very much concerned with having a sustainable and long-term brand’s performance by being authentic, ethical, transparent, and honest with its customers, in order to create a win-win relationships for both parties. The conscious marketing involves the following stakeholders;
1. Employees.
2. Society.
3. Consumers.
4. Market place.
Since conscious marketing recognizes that business is a subset of society, and that society is a subset of the planet, it makes organization to have conscience in serving all their stakeholders rather than just focusing on making sales and profits.
Generally, when an organization engage in conscious marketing it helps them to improve their brand equity and thus, increasing their sales and profits.
Conscious marketing is recognizing that business is a subset of society, and that society is a subset of the planet. Thus, option (d) is correct.
By trying to involve customers more directly in the purchasing process and tailoring marketing and sales activities based on the fundamental values and objectives of the consumer base, conscious marketing varies from conventional marketing strategies.
It puts the needs of the client first and gives them the power to choose the products that are ideal for their lifestyle and well-being. Transparency, fair expectations, and a focus on a brand's social impact are all characteristics of conscious marketing.
As a result, the significance of the conscious marketing are the aforementioned. Therefore, option (d) is correct.
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Your question is incomplete, but most probably the full question was.
Conscious marketing:
A. is often grafted on to the traditional business model, usually as a separate department or part of PR.
B. is independent of corporate purpose or culture.
C. sees limited overlap between the business and society, and between business and the planet.
D. recognizes that business is a subset of society, and that society is a subset of the planet.
E. reflects a mechanistic view of business.
A project that provides annual cash flows of $12,600 for 12 years costs $67,150 today. At what rate would you be indifferent between accepting the project and rejecting it?
Answer:
Explanation:A project that provides annual cash flows of $12,600 for 12 years costs $67,150 today. At
what rate would you be indifferent between accepting the project and rejecting it?
Out of the choices provided above, it can be concluded to state that the rate of 15.40 percent will be indifferent for accepting the project that provides annual cash flows of $12,600 for 12 years, and costs $67,150 today. Therefore, the option A holds true.
What is the significance of annual cash flows?Annual cash flows can be referred to or considered as the amount of cash generated as a form of positive return by an activity of monetary engagement. If the returns are higher than equilibrium, a project should be accepted, and rejected if the returns are lower than the equilibrium.
For the above condition, when a project earns a return of 15.40 percent, the costs are equal to the revenues generated by the firm, and thus, it is a point of equilibrium at which it becomes completely indifferent for a firm to accept or reject the project.
Therefore, the option A holds true and states regarding the significance of annual cash flows.
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The missing question has been added below.
A project that provides annual cash flows of $12,600 for 12 years costs $67,150 today. At what rate would you be indifferent between accepting the project and rejecting it?
15.40 percent
14.50 percent
12.45 percent
None of these
The market capitalization rate on the stock of Aberdeen Wholesale Company is 14%. Its expected ROE is 15%, and its expected EPS is $6. If the firm's plowback ratio is 60%, its P/E ratio will be _________.
Answer:
8
Explanation:
Data provided in the question:
The market capitalization rate on the stock = 14%
Expected ROE = 15%
Expected EPS = $56
Firm's plowback ratio = 60%
Based on the above information
The computation of the P/E ratio is shown below
But before that, we need to do the following calculations
As we know that
Payout ratio = (1 - plowback ratio )
= (1 - 0.6 )
= 0.4
Now
Growth rate = ROE × Retention ratio
= 0.15 × 0.60
= 9%
And,
Dividend for next period i.e D1 is
= EPS × Payout ratio
= $6 × 0.4
= $2 .4
So,
Current price = D1 ÷ ( Market capitalization rate - Growth rate )
= $2.4 ÷ ( 0.14 - 0.09 )
= $48
And, finally
P/E ratio is
= (Current price) ÷ (EPS)
= $48 ÷ $6
= 8
Suppose Cardullo’s gift cards expire after one year. A customer had a gift card for $100, of which he used $75 to purchase gourmet cheeses. At the end of the year, the card expires with $25 unredeemed. How do you think Cardullo’s should account for the unredeemed amount?
Answer:
Cardullo
Unredeemed Gift Card amount:
The $25 of the unredeemed gift card should be credited to Revenue Account and debited to the Deferred Revenue Account as expired gift card.
Explanation:
Gift cards establish some form of deferred revenue or gift card liability which the Cardullo must settle with the exchange of goods or services in the future. However, if a customer is unable to redeem his gift card balance of $25 because of expiration, the revenue due on the expired portion, Cardullo must then credit the $25 to the Revenue account and debit the Deferred Revenue or Gift Card Liability account to close this unredeemed portion.
Carl, a partner at Bacrabs, an advertising agency, plans to open a branch of the agency in his hometown. He understands that the human resource (HR) requirements of the new branch would differ from that of its main office because of the differences in the nature and volume of work. Hence, he decides to examine what needs to be done in each position in the new branch according to the nature and volume of work. In the context of HR planning, which of the following concepts does this scenario best illustrate?
A. Internal recruitment
B. Management development
C. Employee selection
D. Job analysis
Answer:
D.
Explanation:
In Human Resource management, the term Job Analysis refers to process of analyzing and collecting the information of requirement and responsibility of a job. One of the duty of an HRM is to analyze the responsibilty that a job would require. It helps in identifying and studying the nature of a job and the right person to fill that position.
In Job analysis scenario, HRM is able to form what level of experience would a person need to have for the job, and necessary skills and knowledge that's required. HR in Job analysis is able to differ from the nature and volume of work.
So, the correct answer would be option D in the given scenario. It is because Carl is examining and analyzing the nature of new branch that would be different from its main office.
The marginal physical product of labor is Group of answer choices the slope of the total output curve at the relevant point. the negative of the slope of the total output curve at the relevant point. the slope of the line connecting the origin with the relevant point on the total output curve. the negative of the slope of the line connecting the origin with the relevant point on the total output curve.
Answer:
The slope of the total output curve at the relevant point.
Explanation:
A marginal physical product can be defined as the extra output which is being generated by using an extra input. This ultimately implies that, marginal physical product of labor refers to the change in the level of output that is generated from using an additional unit of labor.
Mathematically, marginal physical product of labor is given by the formula;
Marginal physical product of labor = ΔY/ΔL
Where, ΔY is the change in total physical output.
ΔL is the change in labor.
In the short run, when the number of workers are increased it would result in a diminishing marginal product with respect to the law of diminishing marginal returns.
The marginal physical product of labor is the slope of the total output curve at the relevant point.
For instance, if brainly producing 50 answers decides to employ one more tutor and is then able to produce 55 answers, the marginal physical product of labor is simply 5.
When a production possibilities frontier is bowed out it shows... Group of answer choices that there is no transaction cost going from one good to the next. an example of increasing opportunity cost. that resources are perfectly shiftable from the production of one good to another. All of these answers are correct.
Answer:
that resources are perfectly shiftable from the production of one good to another.
Explanation:
Production possibilities frontier defines that is a graph showing all the different production combinations of two products which can be manufactured using present resources and technology. The production possibilities frontier incorporates scarcity, option and trade-off principles.
In other term Production possibilities frontier Indicates the cumulative production mixture of different products or services that an economy can achieve by making optimal use of all available resources.
Mike remembers his grandfather telling him, "If you can find something you like to do, and somebody is willing to pay you to do it, that's the secret to a great life." The way Mike saw it, this was his chance. For the past five years, he's been splitting his time between school and working at a local tree farm. The owner recently announced he was ready to retire. As Mike began creating a business plan, he contemplated what the business might be worth. How much will he need to buy this business
Options:
For starters, Mike
A. needs to understand that it's difficult to buy an existing business, rather than start your own. The key will be to meet with the company's accountant, and explain your interest. The accountant will have all the answers.
B. will want to determine the assessed value of the acreage that the business owns, and then bid competitively.
C. should speak with the current owner and determine the total value of assets (what the business owns), its earning potential, and its unique advantage.
D. needs to find a government database that outlines what nursery businesses are worth, on average, across the country.
Answer:
C. should speak with the current owner and determine the total value of assets (what the business owns), its earning potential, and its unique advantage.
Explanation:
It is somewhat inaccurate to say "it's difficult to buy an existing business", because there are several advantages of doing , such as already established market etc.
Mike's speaking to the current owner not the company's accountant may provide more information than what is known by the company accountant.
Having proper knowledge about the earning potentials and unique advantages of the company would enable Mike know what the business he is about to venture into is really worth.
In the classical model with fixed output, the supply and demand for goods and services are balanced by: Group of answer choices the interest rate. government spending. taxes. fiscal policy.
Answer:
The interest rate.
Explanation:
The classical model is the economic theory which was developed before the emergence of the Keynesian economic theory (John Maynard Keynes). The classical model of economics postulated that the economy is self regulating, prices for goods and wages are flexible, supply of goods and services gives rise to its own demand and that investment is equal to savings. Some of the classical economists are Adam Smith, David Ricardo, Jean-Baptiste Say, and Thomas Malthus.
In the classical model with fixed output, the supply and demand for goods and services are balanced by the interest rate. This simply means that, when the level of production or quantity of output is fixed, the supply and demand for goods and services are directly affected by the interest rate. Under the classical model with fixed output, the interest rate is flexible and as such it adjusts to the number of goods supplied and demanded by the consumers.
Economists are: Select one: a. concerned with developing theories and interested in solving problems. b. interested in solving problems but not concerned with developing theories. c. reluctant to predict changes in variables such as prices, employment, and spending. d. always in agreement on the best way to implement policy decisions.
Answer:
a. concerned with developing theories and interested in solving problems.
Explanation:
The term economists refer to the person who studies, theorizes, analyzes, and develops concepts in the discipline of economics. Economists have the excellence and work in the field of academia, in the government sector and private sectors. They are experts whose opinions and researches help in the building up of the policies related to the economic terms of the market. They theorize the concepts and researchers on the market trends to help in the growth of the economy respectively.
Riku Company manufactures two products. The budgeted per-unit contribution margin for each product follows: Super Supreme Sales price $ 68 $ 94 Variable cost per unit (38 ) (44 ) Contribution margin per unit $ 30 $ 50 Riku expects to incur annual fixed costs of $540,000. The relative sales mix of the products is 70 percent for Super and 30 percent for Supreme. Required Determine the total number of products (units of Super and Supreme combined) Riku must sell to break even. How many units each of Super and Supreme must Riku sell to break even?
Answer:
Super= 10,500
Supreme= 4,500
Explanation:
Giving the following information:
Spuer:
Contribution margin= $30
Sales proportion= 0.70
Supreme:
Contribution margin= $50
Sales proportion= 0.30
Fixed costs= $540,000
First, we need to calculate the break-even point in units for the whole company:
Break-even point (units)= Total fixed costs / Weighted average contribution margin
Break-even point (units)= 540,000 / (0.7*30 + 0.3*50)
Break-even point (units)= 15,000 units
Now, for each product:
Super= 15,000*0.7= 10,500
Supreme= 15,000*0.3= 4,500
Q2. 90% of flights depart on time. 80% of flights arrive on time. 75% of flights depart on time and arrive on time. Are the events, departing on time and arriving on time, independent?
Answer:
Events departing on time and arriving on time are NOT independent.
Explanation:
If two events A and B are independent, then
P(A and B) = P(A) * P(B)
Here
A = flights depart on time
B = flights arrive on time
P(A) = 0.90
P(B) = 0.80
If A and B are independent, then
P(A and B) = P(A) * P(B) = 0.9 * 0.8 = 0.72
Since
the observed value of P(A and B) is 0.75,
assuming that there are no observation errors, we conclude that the two events A and B are not independent.
Jules has incorporated a business, The Spree Chocolatier. It has facilities in five major cities in California, Arizona, and Washington. After fulfilling a contract for 500 fancy desserts for a banquet, The Spree Chocolatier’s client in Seattle, Washington, refused to pay. Jules brought suit. According to federal diversity purposes, The Spree Chocolatier would be considered a citizen of:
Answer:
Spree Chocolatier would be considered as both the state of incorporation and the state of its principal place of business
Explanation:
The Spree Chocolatier would be considered a citizen of both the state of incorporation and the state of its principal place of business According to federal diversity purposes because based on the information given the Spree Chocolatier which was incorporated by Jules has several of their facilities in five major cities which include California, Arizona, and Washington in which after fulfilling the contract for the 500 fancy desserts for a banquet, the same Spree Chololatier has client in Seattle, Washington which refused to pay which makes Jules to brought suit this means Spree Chocolatier would be considered a citizen of both the state of incorporation and the state of its principal place of business because the state of incorporation and the state of its principal place of business are the 5 major cities in which Jules incorporated his business.
2 Points
Which of the following is a restriction on both workers and producers that
keeps the labor market from being a completely free market?
A. Workers' reluctance to move.
B. The minimum wage.
C. Unemployment insurance.
w
D. The reserve wage.
SUBMIT
Answer:
The minimum wage
Explanation:
A competitive firm sells its output for $60 per unit. Assume that labor is the only input that varies for the firm. The marginal product of the 10th worker is 20 units of output per day; the marginal product of the 11th worker is 16 units of output per day. The firm pays its workers a wage of $150 per day. For the 11th worker, the value of the marginal product of labor is
Answer:
$600
Explanation:
The computation of the value of the marginal product of labor is shown below:-
Value of marginal product of labor (MRPL) of the 10th worker = MRP Price = Maximum retailing price
= 10 × $60
= $600
Therefore for computing the marginal product of labor we simply applied the above formula and we ignore all other values as they are not relevant.
Among technology adopters, these customers serve as a gatekeeper to the rest of the technology life cycle and their endorsement is needed for an innovation to get a fair hearing in the organization. However, they do not have access to the resources needed to move an organization toward a large-scale commitment to the new technology. This describes:
Answer:
technology enthusiasts
Explanation:
A technology enthusiast is a person who just loves the technology and liked to play with the new gadgets
In the given situation, since it is mentioned that the customers treated as a gatekeeper for the remaining technology life cycle but at the same time they do not have access for the resources that are needed in the organization for large scale commitment to moving out the new technology
So this describes the technology enthusiasts
Type your response in the box. As you read this paragraph, think about the various traits of money. On her way to work, Cara stops by her local coffee shop for tea and oatmeal to go. She pays cash and receives change. She then remembers that she needs to get gas. She fills up her car’s tank, and charges it to her credit card. When her shift is over, she goes to the ATM to deposit her paycheck in her savings account. She stops home to change clothes before she goes to the gym. Not wanting to take her purse to the gym, she folds up a $5 bill and puts it in her pocket with her driver’s license. When she pays for water and a banana at the gym, the clerk laughs at how old Cara’s $5 bill is. Cara replies that it’s good that all money looks the same over the past few years. List five ways this scenario references money????? can someone help me please please.
Answer:
Here are some possible answers:
She buys items with cash.
She gets change.
She uses a credit card.
She deposits a paycheck in the bank.
She folds up cash.
She hears that her cash looks old.
She says that it looks the same as newer bills.
Explanation:
PLATO
Answer:
She buys stuff with cash, she gets change, she uses a credit card, she deposits a paycheck in the bank, and she folds up cash
Explanation:
Hope this helps! <3
The flatter the demand curve through a given point, the a. closer the price elasticity of demand will be to the slope of the curve. b. greater the absolute value of the change in total revenue when there is a movement from that point upward and to the left along the demand curve. c. greater the price elasticity of demand at that point. d. smaller the price elasticity of demand at that point.
The flatter the demand curve through a given point, the: c. greater the price elasticity of demand at that point.
Demand can be defined as the quantity of goods and services that a consumer is willing and able to pay for at a particular period of time.
This ultimately implies that, demand is the desire and ability of consumers to purchase goods and services at a certain price and a given period of time.
A demand curve is a graphical tool that gives the relationship between the quantity of goods and services demanded and the price at which they are sold.
A price elasticity of demand refers to a measure of the responsiveness of the quantity of a good (product) or service that a consumer demands with respect to a change in price of the product, all things being equal.
Basically, the flatter the demand curve through a given point, the greater the price elasticity of demand at that point and the less elastic demand curve.
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If the price of money (e.g., interest rates and equity capital costs) increases due to an increase in anticipated inflation, the risk-free rate will also increase. If there is no change in investors' risk aversion, then the market risk premium (rM - rRF) will remain constant. Also, if there is no change in stocks' betas, then the required rate of return on each stock as measured by the CAPM will increase by the same amount as the increase in expected inflation.
a) true
b) false
I am 48 years, 48 weeks, 48 days and 48 hours old. How old am I?
Answer:
53
Explanation:
Background information: On January 1, 2015, Truesdale, Inc., purchased a piece of machinery for use in operations. The total acquisition cost was $33,000. The machine was expected to produce a total of 60,000 units in during its life. The machine actually produced 16,000 units during 2015, 23,000 units during 2016, and 21,000 units during 2017. The machinery has a salvage value of $3,000. EventActivity Type Using the units-of-production method, the amount of depreciation that should be recorded during 2015 is approximately ____. select Using the units-of-production method, the book value of the machinery at December 31, 2016 is approximately _____.
Answer:
The book value will be "13,500". The further explanation is given below.
Explanation:
The given values are:
Total acquisition cost,
= $33,000
Expected,
= 60,000
Depreciation expense per unit will be:
= [tex]\frac{33000-3000}{60000}[/tex]
= [tex]0.50 \ per \ unit[/tex]
For 2015,
Depreciation expense will be:
= [tex]16000\times 0.50[/tex]
= [tex]8000[/tex]
For 2016,
Depreciation expense will be:
= [tex]23000\times 0.50[/tex]
= [tex]11500[/tex]
Now,
⇒ [tex]Book \ value = Cost - Accumulated \ Depreciation[/tex]
⇒ [tex]=33000 - (8000+11500)[/tex]
⇒ [tex]=13500[/tex]
What is a factor that increases the volatility of demand in industrial markets? Multiple Choice Professional buyers in the industrial market tend to make independent purchase decisions. Derived demand accelerates changes in markets. Small, noncyclical swings in supply are inherent in industrial markets. The ratio of input to output is high for industrial goods. The demand for industrial goods is inelastic.
Answer:
Derived demand accelerates changes in markets.
Explanation:
Derived demand can be defined as the way in which the demand for a good or service tend to result from the demand for the related good or service and this occured when their is the demand for either good that are tangible or intangible goods where a market exists for both related goods and services.
In another word Derived demand occured in a situation where the demand for one good or service happens because of the want for another good or service Example is increase in the need for Shoes material or equipment because of the increase in the need for Shoes
because the factor of production by a company is dependent on the demand by consumers for the product produced by that company which is why the transition to become demand-driven is slowly occurring in many industries.
Hence, The factor that increases the volatility of demand in industrial markets is "Derived demand accelerates changes in markets"
A single branch of Simpson Shoes has been operating since 1917. They recently ran their first online ad and after its launch the owner wanted to see the ad online. Where should the owner search to find his Local Inventory ad?
The question is incomplete:
A single branch of Simpson Shoes has been operating since 1917. They recently ran their first online ad and after its launch the owner wanted to see the ad online. Where should the owner search to find his Local Inventory ad?
-When he is nearby Simpson Shoes using Google Maps to navigate.
-In the sidebar during a search for Simpson Shoes shop hours.
-On a billboard near the entrance to Simpson Shoes shop.
-When he is nearby Simpson Shoes searching online for an in-stock style
Answer:
-When he is nearby Simpson Shoes searching online for an in-stock style
Explanation:
Local inventory ads are online ads that appear on Google where companies can show the information about a store and its inventory to potential customers that are located close to a specific store. According to that, the answer is that the owner should search when he is nearby Simpson Shoes searching online for an in-stock style to find his local inventory ad as the ad would be displayed to people searching on Google that are close to the store.
Th other options are not right because this ad won't appear in Google Maps. Also, the owner won't be able to see it in the sidebar during a search for Simpson Shoes shop hours as he would have to be near the store. Moreove, this is an online ad and it is not possible to see it on a billboard.
Suppose that Lebanon has placed tariffs on its imports and exports. The import tariff is 13%, and the export tariff is 8%. If Lebanon has a balance of trade of (equivalent US dollars) $5,510,000 and received tariff revenue of $4,019,200, what are its imports and exports worth?
Answer:
Import= 17,040,000 ; Export=22,550,000
Explanation:
As we know that
Balance of trade = export - import
Let us assume that export be E
And, the import be I
So,
Balance of trade = E - I
$5,510,000 = E - I
E = 5,510,000 + I
Now if we place the equation into the export or import tariffs so it would be
0.13 × I + 0.08 × E = $4,019,200
0.13 × I + 0.08 × ($5,510,000 + I) = $4,019,200
0.13I + 0.08I + $440,800 = $4,019,200
0.21I = $4,019,200 - $44,000
0.21I = $3,578,400
I = 17,040,000
So,
The export is
E = $5,510,000 + I
E = $5,510,000 + $17,040,000
E = $22,550,000
Answer:
B
Explanation: