if you wanted to get a sense of the economic health of a nation as well as an indication of that country's standard of living, you would look to Gross domestic product economic indicator.
Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of a given country’s economic health.
Though Gross domestic product is typically calculated on an annual basis, it is sometimes calculated on a quarterly basis as well. In the U.S., for example, the government releases an annualized Gross domestic product estimate for each fiscal quarter and also for the calendar year. The individual data sets included in this report are given in real terms, so the data is adjusted for price changes and is, therefore, net of inflation.
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as jean tyler plans to set aside funds for her young children's college education, she is setting a short-term goal.
Jean Tyler is establishing a long-term objective as she prepares to save money for the higher education of her young children.
A long-term objective is something you wish to accomplish in the future, as opposed to a short-term aim. For a plan and prospective strategy to work, it is crucial, and it takes time and preparation, as in the case of Jean Tyler, which probably requires many years of saving.What is the significance of long term goals?
You desire to attain a long-term objective in the future. Long-term objectives take preparation and patience. You cannot complete them this week or even this year. Typically, long-term objectives are at least a few years distant. Sometimes achieving a long-term objective involves taking several stages.
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A market segment that has enough profit potential to justify developing and maintaining a special marketing mix is said to be _______.
A market segment that includes sufficient profit possibility to justify inventing and holding a special marketing mix is said to be market segmentation to succeed.
What is the market segmentation?Market segmentation is to identify exact customer classes so that products and branding can be tailored to demand them. There are many different ways to segment markets, including geographically, demographically, or behaviorally. Market segmentation is the practice of splitting potential customers into separate categories based on variables like as demography, behavior, and other traits. Appeal segmentation enables businesses to more effectively comprehend and market to niche markets of customers who share similar interests, requirements, and behaviors. Market segmentation is the process of breaking a large consumer or corporate market into smaller consumer groups based on traits that they have in common. Typically, this method involves current and coming customers.To learn more about market segmentation, refer to:
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diez company produces sporting equipment, including leather footballs. assume that the cost object is a football. classify each of the following costs as direct or indirect.
1. Since the cost of the electricity used in the manufacturing facility cannot be directly linked to individual product units, it is categorized as an indirect cost.
2. Because it directly contributes to the creation of the finished goods, the cost of labor in the production of football is a direct cost.
3. Since the compensation of the supervisory manager in the manufacturing facility cannot be linked to specific product units, it is categorized as an indirect cost.
4. Because the expense cannot be linked to or traced back to specific product units, it is categorized as an indirect cost in the production facility.
5. Because it can be linked to a single product unit and is directly related to the manufacture of completed goods, the cost of the leather used to make footballs is a direct cost.
What are direct & indirect costs?Direct costs are expenses that can be traced back directly to the creation of a company's finished products. On the other hand, an indirect cost is a cost that cannot be connected directly to a company's finished items. Three costs for a manufacturing company's products are factory overhead, direct labor, and direct materials. Factory overhead is an indirect cost while direct inputs and direct labor are direct costs.
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A mutual fund is the common name of a closed-end investment company. True or false
False: "A mutual fund is just a fancy name for a closed-end investing company."
What is mutual funds and it's types?A mutual fund is an organization that collects funds from numerous investors and uses them to buy securities such as stocks, bonds, and short-term debt. A mutual fund's holdings are collectively referred to as its portfolio. Investors purchase mutual fund shares.
The types of mutual funds are given below:
Money market funds: It poses comparatively little risk. They are only permitted by law to invest in a select group of high-quality, short-term securities issued by American businesses and national, state, and municipal governments.
Bond funds: Compared to money market funds, which normally attempt to create larger returns, it carries higher risks. The risks and returns of bond funds can vary greatly due to the wide variety of bonds.
Stock funds: These funds invest in corporate stocks. Not all stock funds are the same.
Target date funds: Stocks, bonds, and other investments are contained in these. The mix gradually changes over time in accordance with the fund's strategy. Lifecycle funds, also referred to as target date funds, are created for people who have specific retirement dates in mind.
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!!PLEASE HELP!! Identify at least five different careers in the Health Science or Hospitality and Tourism clusters that you could pursue in your home state, and choose the three that appeal to you the most. Of the three, write a one-page essay describing which one would be your career choice and the educational pathway that you would have to follow In order to obtain that career. Finally, Identify at least three colleges, universities, or training programs that are suited to that career choice.
Answer:
The five different careers in Health Science that I would like to purse are nurse practioner, nutritionist, radiology technologist, physicians assistant and emergency medical technician. The three that appeal most to me is the nurse practioner, radiology technologist, and emercengy medical technician. The career choice and educational pathway that appeals to me the most is radiology technologist.
A radiology technologist is responsible for taking a picture of the patients x-ray, examining it and treating it. As a radiologic technologist I would need to check to make sure all the equipment is operational before taking any images. They work in anatomy and use many different equipment such as x-rays, MRI, computed tomography, etc. Sometimes before creating the image I would need to prepare and inject radiopharmaceutical agents into patients. Also, I may help physicians perform procedures such as angioplasty or stent insertion. I like this career because I am intereseted in learning about the human body and I want to help patients.
The colleges or universities that have the program to become a radiology technologist are Long Island University, University of Wisconsin La Crosse and Manhattan College. In order to purse this career I would need a associate's and bachelor's degree which takes about four years. Also, it would be a good idea to go training and attend certificate programs for radiology techs that take around a year. The best credentials are combinations of formal training, a professional license and work experience.
Explanation:
samson co. values its cell phones in terms of the cost to produce them and the competitors' prices. marcus wants to buy a cell phone, but finds them too expensive. this is an example of separation in
If Samson co. values its cell phones in terms of the cost to produce them and the competitors' prices and Marcus wants to buy a cell phone, but finds them too expensive, this is an example of separation in: Value.
What is a separation in Value?The situation that Marcus finds himself can be referred to as a separation in Value. Vlaues are separated when people are able to identify the things that matter most to them and invest in these things.
For the purchaser in the question who is identified as Marcus, it is quite evident that he is able to identify what is more valuable to him and invest in that. For him, the cell phone is considered expensive.
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What is the present value of a 12-year, $625 annuity DUE, given a discount rate of 7.5%?
The present value of a 12-year, $625 annuity DUE, given a discount rate of 7.5% is $5,197.14
What is annuity due?
Annuity due is a stream of level cash flows for a period of time, 12 years in this case, whose first payment is immediate rather than starting in a year's time, the formula for present value of an annuity due provided below can be used to determine the present value in this case using the appropriate discount rate of 7.5%
PV=PMT*(1-(1+r)^-N/r*(1+r)
PV=present value of an annuity due=unknown
PMT=annual cash flow=$625
r=discount rate=7.5%
N=number of annual cash flows over 12 years=12
PV=$625*(1-(1+7.5%)^-12/7.5%*(1+7.5%)
PV=$5,197.14
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The combination of a large number of exposure units by an insurer is important for the operation of insurance because?
The combination of a large number of exposure units by an insurer is important for the operation of insurance because: (d) all of the above.
What is an insurance company?An insurance company is also referred to as insurer and it can be defined as a business firm that is established to collect premium from all of the insured for losses which may or may not occur, so they can easily use this cash to compensate or indemnify for losses incurred by those having high risk.
What is an exposure unit?An exposure unit can be defined as the risk that is associated with an insured party, especially due to the typical operations of this individual or business firm such as:
CrimeFireNatural disasters.In conclusion, the combination of a large number of exposure units by an insurer (insurance company) is considered as very important for the operation of insurance because of all of the aforementioned reasons.
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Complete Question:
The combination of a large number of exposure units by an insurer is important for the operation of insurance because?
(a) it allows the insurer to make accurate predictions.
(b) it spreads losses among the members of the group.
(c) it makes the insurer's aggregate risk less than a summation of the risks of the individuals.
(d) all of the above.
a security with a beta of one has a required rate of return equal to the overall market rate of return.
The portfolio beta is simply the sum of the betas of the individual stocks in the portfolio
A portfolio is a collection of financial investments such as stocks, bonds, commodities, cash, and cash equivalents, including closed-end funds and exchange traded funds (ETFs). Most people think that the foundation of a portfolio is made up of stocks, bonds, and cash. Even though it happens frequently, this does not have to be the case all the time. Real estate, fine art, and private investments are just a few of the diverse assets that can be included in a portfolio. You have the option of holding and managing your portfolio yourself, or you can delegate this responsibility to a money manager, financial advisor, or other financial expert.
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In a sale, the price of a tv is reduced by 25% a week later, the sale price of the tv is reduced by 15% the price of the tv is now £293.25 what was the price of the tv before the sale?
Customers use selling price to determine which things they can purchase. Increased overall sales-related revenue is the goal of sales-oriented pricing objectives.
Original Price = 100% - 25% = 75%
= 0.75%
Second Price = 100% - 15%
Final Price = 293.25
The sale price is what?
The amount that the buyer pays for something while it is being sold: Typically, homeowners who sold their homes on their own did not receive a greater sale price than those who used real estate agents. Calculate the total cost of all the items you bought. To calculate the cost price, divide the total cost by the quantity of units purchased. To determine the ultimate price, use the selling price formula: Cost price plus profit margin equals selling price.
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Cash is the most liquid asset reported on the balance sheet because it is the medium of exchange. true false
Statement is true. Liquidity describes your ability to trade an asset for cash. The less complicated it is to convert an asset into cash, the more liquid it is.
And money is generally regarded the most liquid asset. Cash in a financial institution account or credit union account can be accessed quickly and easily, by using a financial institution switch or an ATM withdrawal.
Why is cash most liquid asset?Cash is your most liquid asset due to the fact you don't need to take similarly steps to convert it – it is already cash. You can use it to pay for a desirable or carrier immediately and also use it to settle any awesome debts. Cash is generally held in checking accounts, savings bills or cash market accounts.
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https://brainly.com/question/19301483#SPJ4a customer is terminating an employee for suspected activity that is against company policy. they have called ann to consult with them on how to best preserve any evidence the company may be required to provide in court. which of the following would best preserve the integrity of the data and best serve the client?
A customer is terminating an employee for a suspected activity that is against company policy. they have called ann to consult with them on how to best preserve any evidence the company may be required to provide in court. "Take the hard drive out of the computer, secure it, and record the removal procedure." would best preserve the integrity of the data and best serve the client.
This is further explained below.
What is integrity?Generally, The act of being honest and demonstrating a persistent and uncompromising devotion to strong moral and ethical ideas and ideals are both essential components of having integrity.
In conclusion, A client has decided to fire an employee after becoming suspicious of them engaging in behavior that goes against business rules.
They have contacted and in order to confer with her about the best way to preserve any evidence that the firm may be obliged to produce in court.
The data would be best protected if the customer were instructed to "Take the hard disk out of the computer, secure it, and videotape the removal operation." This would also provide the client with the highest level of service.
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You are interviewing for an internship with an investment firm. They ask you to come up with the price to charge on a security that makes growing annual payments for 10 years. The first payment is one year from today in the amount of $100 and it grows at 2% per year. The investment firm thinks potential investors have a required return of 9% per year. What is the highest price investors would be willing to pay for this security?.
You are interviewing for an internship with an investment firm. They ask you to come up with the price to charge on a security that makes growing annual payments for 10 years. The first payment is one year from today in the amount of $100 and it grows at 2% per year. The investment firm thinks potential investors have a required return of 9% per year. Growing annual payments for 10 years is the highest price investors would be willing to pay for this security.
My expectations involve having the ability to find out the way to identify business problems, the way to choose investment strategies to handle these issues, and the way to plan and execute the tactics needed to attain these goals.
A chance to talk with former interns from that company to induce their perspective on the internship experience. I would make your investment work much easier. I've got lots of skills that may make me stand out. I'd like you to grant me a chance to let my work represent myself.
And because I pick-up new technologies quickly, I do know I'd be ready to step into my internship investment and make an effect. And, that is what I actually want to try to do in an internship. I would like to create a bearing on my team and supply real value.
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clause gives the borrower the ability to replace the primary finance instrument with another without affecting the position of the subordinate instrument.
A lifting clause is the clause that gives the borrower the ability to replace the primary finance instrument with another without affecting the position of the subordinate instrument.
What is a lifting clause?In a financial market or dealing, the lifting clause refers to thr provision in a second, third, or junior mortgage that typically allows the liens ahead of it to be paid off and refinanced for the same or a lesser amount; all these without sacrificing their priority in lien positions.
In a mortgage deal, without the lifting clause, an investors with second mortgages could never refinance the first ones because, the instant the first mortgage was paid off and the second lien-holder would immediately advance to first position.
In conclusion, the lifting clause is the clause that gives the borrower the ability to replace the primary finance instrument with another without affecting the position of the subordinate instrument.
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If a menu has a choice of 5 appetizers, 4 main courses, and 2 desserts, then the sample space for all possible dinners has how many outcomes?
The sample space for all possible outcomes is 4 ×4 ×3 = 48 outcomes
The sample space of an experiment or random trial is the set of all viable effects or outcomes of that test. A patterned area is normally denoted using set notation, and the possible ordered consequences, or pattern factors, are listed as factors in the set.
A sample space is a group or a hard and fast of viable outcomes of a random test. The pattern space has represented the use of the symbol, S. The subset of feasible results of a test is known as occasions. A patterned area may additionally incorporate a number of outcomes that relies upon the experiment.
If a menu has a choice of 5 appetizers
4 main courses,
2 desserts,
The sample space for all possible outcomes is = 4 ×4 ×3
= 48 outcomes
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given that gdp should equal gdi, the range of this error is important because the size of the error is similar to the average growth rate of real gdp. therefore, a change in the error could significantly affect our understanding of the true growth rate of the economy.
Since the Bureau of Economic Analysis (BEA) publishes a second, theoretically identical estimate of US output that only differs from GDP due to measurement error: gross domestic income, we use this information to conduct a preanalysis plan to examine the impact of measurement error on economics research (GDI)
low unemployment rate reasonable inflation strong growth in output. To understand how nations may accomplish these three objectives, economists have invested a lot of time and energy.
The unemployment rate, inflation rate, and rate of economic growth are all unobservable factors, which is unfortunate. Econometricians depend on projections of these unobserved variables.
variables obtained from national statistical organizations. As an illustration, one might calculate the US economy's unobserved output growth rate.
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Two drug companies agree to work together to pool their research and development funds to develop a new drug for arthritis. In doing so, these two organizations have.
Two drug companies agree to work together to pool their research and development funds to develop a new drug for arthritis. In doing so, these two organizations have formed a strategic alliance.
A strategic alliance is an association between businesses to adopt a together useful undertaking while every retains its independence. The agreement is less complicated and much less binding than a joint project, wherein two businesses pool sources to create a separate enterprise entity.
Strategic alliance definition: it's a joint project that bolsters a core business approach, creates a competitive advantage and abates competition from shifting in on a marketplace. It allows individual corporations to reap more collectively than they would have on their very own.
Strategic alliances are not a panacea for each corporation and each state of affairs. But, via strategic alliances, agencies can improve their aggressive positioning, gain access to new markets, complement crucial capabilities, and proportion the threat and cost of most important development projects.
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A downward-sloping demand curve means that the quantity demanded of a good and the price of that good are ________. a. inversely related b. the same amount c. not correlated d. positively related
Inversely related. In an inverse connection, lower costs lead to high quality demand while higher prices lead to reduced quantity demand.
Why is the law of supply and demand so crucial?According to the rule of demand, which is a cornerstone of economics, customers will demand fewer units of a good at a higher price.
The total quantity demanded across all market consumers at each price is expressed by a market demand curve. Although price changes can be seen as movement along a demand curve, they do not by themselves cause an increase or reduction in demand. When demand changes, this curve's location or form shifts, reflecting a movement in the underlying pattern of consumer demands and wants and the means available to meet them.
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A+store+has+a+sale+with+10%+off+every+item.+when+you+enter+the+store,+you+receive+a+coupon+that+states+that+you+receive+an+additional+20%+off.+is+this+equal+to+a+30%+discount?+explain+your+answer.
Yes, the coupon rate and discount are equal.
The store offers off 10% of sales. additionally, you receive a 20% off coupon as off on every item. which means that the store has a price reduction of in total of 30%.
Moreover, a discount of 30%, hence that is a price reduction of 30%.
Taking, $100 as the price of an item
By applying 10% off of sales every time + additional off of 20% coupon then,
= [tex]\frac{30}{100}[/tex] × 100
= $30 off
So, 100-30 = $70
Now, take the 30% discount then,
= [tex]\frac{30}{100}[/tex] × 100
= $30 off
So, 100-30 = $70
A coupon is a ticket or piece of paper that can be used to get a cash discount or rebate when buying something. Retailers create and distribute coupon codes through a variety of platforms, such as their newsletters, their own websites, or other websites that advertise current offers and coupons. The term "coupon" derives from the fact that historically, bonds were issued as bearer certificates. The certificate's physical presence served as ownership proof. Coupons are an affordable and measurable way to gain more clients, sell more goods, and reactivate clients you might have lost to rival businesses. Coupons influence consumers' cost-benefit analyses, which they conduct prior to making any purchase decisions.
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suppose that xtel currently is selling at $40 per share. you buy 500 shares using $15,000 of your own money, borrowing the remainder of the purchase price from your broker. the rate on the margin loan is 8%.
Calculation of Percentage Gain
The cost of purchase is $20,000 ($40x 500 shares). The amount used to purchase the shares is
$15,000. The amount that needed to be borrowed is $5,000 ($20,000-$15,000)
(i) At the price of $44
Increase in Equity (Pin Toul Shures) Amount Borrowal
-[(511x500)-55,000
-[$22,000-$5000]
-$17,000
(Increase Equity-Purchase Amount)
Percentage Gain
Purchase Amo
($17,000-$15,000)
$15,000
$2,000
$15,000
0.1333 or 13.33%
Therefore the percentage gain at a price of $44 is 13.33%
At the price of $40
Since the price is unchanged, the equity will remain the same
Therefore the percentage gain at a price of $40 is 0%
At price 536
= [(Price Total Shares)- Amount Borrowed]
Increase in Equity
-[(536x500)-$5,000]
=[$18,000-$5,000]
-$13,000
Percentage Gain
(Increase in Equity-Purchase Amount
Purchase Amount
($13,000-$15,000)
$15,000
-$2,000
$15,000
-0.1333or-13.33%|
Therefore the percentage gain at a price of $36 is -13.33%.
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A __________ is an increasingly popular tool used to articulate key performance indicators to help with decision making within an organization.
Answer: Digital Dashboard
Explanation:
bc im smart like that
A dashboard is an undeniably famous device used to verbalize key execution markers (KPIs) to assist with dynamic inside an association.
It gives a visual portrayal of basic information and measurements in a reasonable and succinct way, permitting chiefs and partners to successfully screen and survey execution. Dashboards frequently use outlines, charts, and different information representation methods to introduce complex data in a straightforward configuration.
By having continuous admittance to KPIs, chiefs can go with educated and convenient choices, recognize regions that need improvement, and track progress towards hierarchical objectives. Dashboards have become priceless in current business conditions, empowering information driven direction and working on by and large execution and proficiency.
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Debra spends 22 hours a week studying in the gatton building. Debra currently has a 3. 7 gpa. If debra reduced her time studying to 10 hours a week she would have a 2. 7 gpa. If she only studied for 10 hours a week she could spend 12 hours working at common grounds for $9. 25/hour. What is debra/s marginal cost in terms of dollars per week of improving her gpa from a 2. 7 to a 3. 7?.
Debra spends 22 hours a week studying in the Gatton building. Debra currently has a 3.7 GPA. If Debra reduced her time studying to 10 hours a week she would have a 2.7 GPA. If she only studied for 10 hours a week she could spend 12 hours working at Common Grounds for $9.25/hour. Debra's marginal cost in terms of dollars per week of improving her GPA from a 2. 7 to a 3. 7 will be $111.
What GPA manner?
Grade factor average (GPA) is the measure used to summarize your academic fulfillment at Griffith. After the publication of very last grades each trimester, your program and profession GPA are calculated, and will be used by the college to inform choices, including the following: educational progression.
Is a GPA 3.5 properly?
However, a grade factor common of three.5 and above is good in college. 3.5 GPA college students usually qualify for the dean's list and honors packages. The common GPA in four-year undergraduate courses in U.S. schools is 3.15. So, we will optimistically say that yes, a 3.5 GPA is good in university.
Can get into Harvard with a 3.5 GPA?
A 3.5 GPA may be surprisingly competitive and admission may be reasonably expected at many colleges, but it's no longer the maximum competitive at locations like Harvard, Yale, and Dartmouth, which, on average, accept college students with GPAs exceeding 4.
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Managing the supply chain has become more important as a result of firms increasing their levels of.
Managing the supply chain has become more important as a result of firms increasing their levels of outsourcing.
The recent epidemic has impacted every link in the value chain, from the source of raw materials to the final consumer. The majority of businesses worldwide are having their organizational, financial, operational, and commercial resilience put to the test. For many companies, COVID-19 has identified risks and resiliency deficiencies. 67 percent of CEOs believe they will raise investment in disruption detection and innovation processes in an effort to get an advantage over competitors when it comes to disruption and innovation.
How should firms attempt to strengthen their supply networks going ahead as COVID-19's effects continue to have an influence on the global supply chain? The key supply chain disruptions listed below, together with the swiftly implemented initiatives by top companies to help increase resilience and agility,
Logistics disruption - The ongoing COVID-19 pandemic-related logistics disruptions continue to have an impact on businesses and consumers as the flow of consumer goods into important markets like North America and Europe, South East Asia, and India is constrained by the ongoing closures of significant international ports and airports, primarily in China, South Korea, and the US.
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on january 1, 2021, fisher corporation paid $2,857,000 for 31 percent of the outstanding voting stock of steel, inc., and appropriately applied the equity method for its investment. any excess of cost over steel’s book value was attributed to goodwill. during 2021, steel reports $648,000 in net income and a $1,052,000 other comprehensive income loss. steel also declares and pays $20,000 in dividends.
With the equity method of accounting, the investment is first recorded at cost and later modified to reflect changes in the investor's portion of the investee's net assets following the purchase.
The amount for A) is. $2,500,000The amount for B) is $252,000The accounting approach of handling investments in affiliated corporations is known as the equity method. Equity accounting is typically used when a shareholder entity owns 20–50% of the voting shares of an associated firm and hence has substantial managerial control over that company.
Equity approach vs. cost method: what are they?The cost method, which displays dividend income and the investment's asset value, will be used if the firm owns 20% or less of the other company. The equity method, which discloses the company's portion of the company's earnings, is used if it owns more than 20% of the business.To learn more about Equity Method Investment, Click the links.
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Correct and Complete Question - On January 1, 2015, Fisher Corporation paid $2,290,000 for 35 percent of the outstanding voting stock of Steel, Inc., and appropriately applies the equity method for its investment. Any excess of cost over Steel's book value was attributed to goodwill. During 2015, Steel reports $720,000 in net income and a $100,000 other comprehensive income loss. Steel also declares and pays $20,000 in dividends.
a. What amount should Fisher report as its Investment in Steel on its December 31, 2015, balance sheet?
b. What amount should Fisher report as Equity in Earnings of Steel on its 2015 income statement?
Are the following assets real or financial? a. patents b. lease obligations c. customer goodwill d. a college education e. a $5 bill
a. Patents are real assets
b. Lease obligations are financial assets.
c. Customer goodwill is real assets
d. A college education real asset.
e. a $5 bill is a financial asset.
What are real assets?Investments in tangible assets like real estate, energy, and infrastructure are included in the asset class known as "real assets." The physical value of real assets is intrinsic. Real assets are different from financial assets in that financial assets are often intangible and get their worth from a contractual right.
Real assets are classified into these categories:
the three types of real estate are residential, commercial, and REITs.Energy, oil and gas, MLPs, lumber, agriculture, solar, mining, and commodities are examples of natural resources.Infrastructure includes telecommunications, utilities, and transportation (roads, airports, and railroads).Four factors make real assets attractive to investors: strong current income, equity appreciation, and inflation protection, low correlation to equity markets, and advantageous tax treatment.To know more about real assets visit:- https://brainly.com/question/28498359
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as cited in the chapter, edward deming, a famous businessman, once said, "in god we trust. all others bring data." what did deming mean in terms of developing a strategic plan?
The remark implies that while we put our faith in God and his judgments for all matters of the spirit, gathering data is essential before making any other decisions.
It applies to all of the processes and fields that are in use today. It is crucial to the formation of the strategic plan. It is impossible to draw conclusions or make decisions without the data.
For instance, historical sales data is crucial for anyone working in sales in order to identify trends, seasonality, variations, etc. If not, it could lead to a bad estimate that causes too much inventory or not enough supply for the market. In a similar vein, it is crucial for all other sectors, such as marketing, to gather customer feedback through surveys, consumer feedback, and litmus tests.
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as a customer entered the hornady store, which sells muzzleloading rifles, a salesperson approached her and said, "hornady lead round balls are the musket balls you ought to buy. they are the most uniform in size and shape, and they are made of pure lead. our shot is used by the muzzle loading world champion." the salesperson was describing hornady’s
The salesperson was describing hornady’s competitive advantage
What is completive advantage?
In order to provide goods or services better or more affordably than its competitors, a corporation must have a competitive advantage. These elements enable the productive unit to produce more sales or higher margins in comparison to its competitors in the market.
Cost structure, branding, the calibre of product offers, the distribution system, intellectual property, and customer service are just a few of the aspects that are credited with giving a company a competitive edge.
A company would have an edge over rivals if it could grow its market share through improved productivity or efficiency.
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The cost of supplies used during the period is determined by the calculation ______. multiple choice question.
The cost of supplies used during the period is determined by the calculation beginning supplies balance + supplies purchased - ending supplies balance. The current cost of supplies (CCS) is an adjusted net income number that takes into account changes in corporate expenses across the reporting period.
Supplies are classified as current assets in accounting until they are used, at which point they become costs. Office supplies such as pens, paper clips, and printer ink are prominent examples of business supplies. When a company consumes supplies, they become an expense. However, there is another situation in which a business can see supplies as an expense rather than a present asset.
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What part of Capitalism is naturally made for low prices and high quality?
The part of Capitalism is naturally made for low prices and high quality which is the competition with other businesses.
The relevant parts of capitalism are made naturally to meet high quality and low price as well. In a capitalist society, people are free to work in any occupation they want and can start their own businesses with their own real estate, machinery, and other assets. They are free to run their company however they see fit, and competition with other companies encourages lower prices and innovation.
A common conception of capitalism is an economic system where private actors own and control property according to their interests and where supply and demand freely determine market prices in a way that can best serve society.
In a capitalist economy, the means of production are owned by private organizations. Entrepreneurship, capital goods, natural resources, and labor make up the four factors. Through businesses, owners of capital assets, natural resources, and entrepreneurship exercise control.
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the allocation of resources in a market economy is described by which of the following statements?
The government decides which good will be produced and which consumers will receive them is the allocation of resources in a market economy. Hence, option A is correct.
What is allocation of resources?Resource allocation is the process of allocating and managing resources in a way that satisfies an organization's strategic planning goals.
In order to get the most out of soft assets like human capital, resource allocation entails managing hard assets like hardware.
Any project's delivery will suffer from inefficient resource allocation, which will negatively affect performance as a whole. Efficiency, time, confidence, and enthusiasm can be lost during a project if the necessary skills or expertise are lacking.
Thus, option A is correct.
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The options are missing -
1). The government decides which good will be produced and which consumers will receive them.
2). Buyers and sellers exchange goods and services on a voluntary basis.
3)Prices and costs help producers decide whether they are producing too little or too much of a good.