the balance sheet, income statement, and statement of cash flow are the multiple choice ledger entries. statements of equity. journal entries. financial statements. balances of trade.

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Answer 1

The balance sheet, income statement, and statement of cash flow are the ledger entries. An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement.

It offers a snapshot of the assets and liabilities of a corporation as of the publication date. A balance sheet provides you with a quick overview of your company's financial situation at any given time. A balance sheet, along with an income statement and a cash flow statement, can aid business leaders in assessing the financial health of their organisation. Because assets will always equal liabilities and shareholders' equity, the term "balance sheet" was coined.

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Related Questions

in a polycentric ihrm orientation: : a. all aspects of hrm for managers and tech workers follow the parent organization's host country hrm practices b. hrm practices are adapted to local countries c. none of these d. all aspects of hrm for managers and tech workers follow the parent organization's home country hrm practices

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In a polycentric IHRM orientation: HRM practices are adapted to local countries.

What is HRM practices?

In order to ensure that a company's human capital contributes to the achievement of its business objectives, human resource management (HRM) practises are a collection of internally consistent policies and procedures.

Human resource management (HRM) can be defined as the procedures necessary to manage human resources in an organization, including hiring and firing employees, training staff members, managing performance and compensation, and promoting employee input into decision-making.

Keeping staff members happy, healthy, and safe is another responsibility of a human resources department. The company and its employees can avoid risk if HR is managed effectively. Workplace policies can keep up with necessary protective measures and implementation and offer solutions to problems between team members.

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6. a lease that transfers ownership of the asset to the lessee by the end of the lease term would be a

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A lease that transfers ownership of the asset to the lessee by the end of the lease term would be a Capital lease.

In a capital lease, the lessor commits to hand over ownership of the leased asset to the lessee at the end of the lease term. Long-term, non-cancelable capital or finance leases are the norm.

At the conclusion of the lease period under a capital lease, the lessor gives the lessee ownership of the asset. By virtue of the bargain option provided by the lease agreement, the lessee will be able to purchase the asset at a lower cost than its fair market value at the conclusion of the lease term.

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the residual equity section of statement of financial position for private not-for-profits includes which accounts? g

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Unrestricted, Temporarily Restricted, and Permanently Restricted Net Assets are included in the residual equity section of the private not-for-profit statement of financial position.

Net asset value is calculated by dividing the total number of outstanding shares by the net value of an investment fund's assets less its liabilities. NAV is the price at which shares of funds that are registered with the Net Assets U.S. Securities and Exchange Commission (SEC) are traded, and is most frequently used in relation to mutual funds or exchange-traded funds (ETFs).

Net assets, net worth, or capital of the company are terms used to financial describe the difference between assets and liabilities for financial businesses and other legal entities. The fund valuation and pricing are referred to as Net Assets NAV, and they are calculated by dividing the difference between assets and liabilities by the number of shares held by investors.

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getaway travel company reported net income for 2024 in the amount of $50,000. during 2024, getaway declared and paid $2,000 in cash dividends on its nonconvertible preferred stock. getaway also paid $10,000 cash dividends on its common stock. getaway had 40,000 common shares outstanding from january 1 until 10,000 new shares were sold for cash on july 1, 2024. a 2-for-1 stock split was granted on july 5, 2024. what is the 2024 basic earnings per share?

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According to the given information, The 2024 basic earnings per share of Getaway travel company is $ 0.53

Given:

Net Income = $ 50,000

Preferred Dividend = $ 2,000

Weighted average outstanding shares = (40,000 × 2) + (10,000 × 6/12 ×2)

                                                                 = $ 90,000

Basic earnings per share = [Net Income - Preferred Dividend]/ [Weighted

                                             average outstanding shares]

                                          = [ $ 50,000 - $ 2,000] / [ $ 90,000 ]

                                          = $ 48,000 / $ 90,000

∴ Basic earnings per share = $ 0.53

Earnings per share (EPS) is determined by dividing a company's revenue by the number of outstanding shares of its common stock. The resulting figure serves as a gauge of a business's profitability. EPS that has been modified for unusual items and potential share dilution is a common practice for businesses.A company is deemed to be more profitable when its EPS is higher.The value of earnings per share is calculated by dividing net income, also referred to as profits or earnings, by the number of shares that are outstanding. For shares that might be created through options, convertible debt, or warrants, a more precise calculation modifies the numerator and denominator. If the equation is modified to account for ongoing operations, the numerator becomes even more important.

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southwest airlines sends an email to frequent-flier customers offering a special low price between selected cities if the plane ticket is purchased within the next four days. this is an example of

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The type of promotion used by Southwest Airlines to send emails to  frequent-flier customers on low prices, is an example of Direct marketing.

What is direct marketing?

Direct marketing, as the term implies, is a method of communication and promotion where a company communicates directly with the customers or potential customers about products that are on offer.

The action by Southwest Airlines is an example of direct marketing because Southwest Airlines communicated directly with its  frequent-flier customers via their emails.

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how is immigration affecting u.s. demographics? multiple choice it is increasing the diversity of the workforce. it is decreasing the number of workers. it is decreasing the number of consumers.

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Due to their higher fertility rate than natives, immigrants also contribute to the demography of modern economies. In 2017, the total fertility rate in the United States was 1.76 children per woman among natives, compared to 2.18 among immigrant.

What impact does immigration have on American workers?

Numerous empirical studies have established the advantages of immigration for American workers. With a few notable exceptions, it has been discovered that even immigrants with low levels of formal education have little impact on the salaries of workers with comparable levels of education. Although immigrants enhance the labour supply, they also increase domestic economic demand by buying homes, food, TVs, and other goods and services with their earnings. As a result, there are more employment needed to build those homes, produce and sell food, and deliver TVs. 27-Jun-2016

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bird wing bedding can lease an asset for 4 years with payments of $20,000 due at the beginning of the year. the firm can borrow at a 6% rate and pays a 25% federal-plus-state tax rate. the lease qualifies as a tax-oriented lease. what is the cost of leasing?

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The cost of leasing is $56234.47 for bird wing bedding

The Present Value (PV) is an estimation of the current value of a stream of future cash flows. Due to the "time value of money," all future cash flows must be discounted to the present using a rate that accurately reflects the expected rate of return (as well as risk profile).

Cost of leasing = Present value of future cash flows i.e. after-tax lease payments.

After-tax lease payment = $20,000 * (1 -0.25)  = $15000

The discount rate used to calculate present value =After-tax borrowing cost

=Interest rate * (1 -tax)

= 6% * (1 - 0.25)

= 4.5%

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mary and bill enter into an agreement in which mary agrees to sell to bill her used television set for the sum of

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Mary and bill enter into an agreement in which mary agrees to sell to bill her used television set for the sum enforceable because the court will not interfere with the party's determination of the price.

A gentlemen's agreement, or gentleman's settlement, is a casual and legally non-binding settlement among or greater events. It is typically oral, however, it can be written or really understood as a part of an unstated settlement through a conference or thru mutually-beneficial etiquette.

The essence of a gentlemen's settlement is that it is based upon the honor of the events for its fulfillment, instead of being in any manner enforceable. It is wonderful for a criminal settlement or contract.

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an economy is experiencing a high rate of inflation. the government wants to reduce consumption by $36 billion to reduce inflationary pressure. if the multiplier is 2, by how much should the government cut spending to achieve its objective?

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If  the government wants to decrease the output by $36 billion then they should cut the expenditure by $18 billion. (36/2) should the government cut spending to achieve its objective.

Inflationary pressure:

Inflationary pressures are the underpinning causes of affectation. These pressures are the reason that the product of goods increases to meet or exceed consumer demand or that prices boost due to lack of force. Inflationary pressures beget the frugality to acclimate as a result of force and demand.

Why is there inflationary pressure?

Inflation can do when prices rise due to increases in product costs, similar as raw accoutrements and stipend. A swell in demand for products and indulgences can beget inflation as consumers are willing to pay further for the product.

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HELP ME PLEASE:
Identify and describe the company or business jeff Bezos operated, managed, and taken a financial risk. What are the main products/services offered? How did he get started? What challenges did jeff Bezos encounter on the way and how did he manage those obstacles?

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Jeff Bezos has invested in many companies. But the one with he is most associated is Amazondotcom.

The main services of Amason are:

Started out with books (online)Today Amazon is into Electronics, Games, Entertainment, Tech etc.

Jeff Bezos started out with online book sales from his rented home in Bellevue, Washington. Then the business expanded. He became the dominant player in online book sales on the internet.

One of the major challenges he faced is Antitrust Issues. Earlier on, however, he was being required by some companies to do at least 10 units of their books to qualify under their retail dealership.

Unfortunately, Amazondotcom was not yet doing that. They solved this problem by exploring a loophole in the system that required them to order 10 books not buy them. So they continued to order books that they didn't have or that were not on sale.

Who is Jeff Bezos?

Jeffrey Preston Bezos is a businessman, media owner, investor, computer engineer, and commercial astronaut from the United States. He is Amazon's founder, executive chairman, and former president and CEO.

The majority of Jeff Bezos' wealth stems from his Amazon stock. According to Forbes, he still holds 11% of Amazon's stock and has sold an estimated $27 billion in stock since 1997. He is well-known for his philanthropic contributions to areas such as cancer research and climate warming.

From 1998 until 2021, Bezos' basic salary of $81,840 remained constant. He will also receive an extra $1.6 million in various forms of remuneration. As a result, Bezos' annual salary is around $1,681,840.

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dan has agi of $50,000 and paid the following taxes during this tax year. state income tax withholding $ 1,375 state income tax estimated payments 800 federal income tax withholding 3,175 social security tax withheld from wages 2,000 state excise tax on liquor 450 automobile license (based on the car's weight) 325 state sales tax paid 525 calculate how much dan can deduct for taxes as an itemized deduction this year.

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$2,175 dan can deduct for taxes as an itemized deduction this year.

What is a tax?

A tax is a mandatory financial charge or other type of levy placed on a taxpayer (an individual or legal entity) by an administrative body to pay for various public expenditures and administrative costs.

The following chart shows how the itemized deduction was calculated:

State income tax withholding and anticipated payments for state income tax

= $1,375 + $800

= $2,175

We do not deduct Social Security tax, state excise tax on alcohol, or federal income tax withholding because these taxes are taxable.

Additionally, the automobile license is dependent on the weight of the vehicle rather than its market worth. Therefore, this wouldn't be regarded.

Additionally, we might choose among the state income tax or the sales tax. So, in the calculating section, we include the state income tax.

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gladys company negotiates a line of credit with its bank. the agreement specifies that gladys may borrow up to $100,000 at a 6% annual interest rate. when gladys signs the agreement with the bank, gladys should

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Gladys company negotiates a line of credit with its bank. the agreement specifies that Gladys may borrow up to $100,000 at a 6% annual interest rate. when Gladys signs the agreement with the bank, Gladys should not make any journal entries.

What is a journal entry?

Generally, The act of maintaining or creating records of any transactions, whether economic or non-commercial in nature, is referred to as an entry in a journal.

An accounting journal is a record kept by an organization that details the transactions that have taken place and display the debit and credit balances.

The entry in the diary may include many records, each of which may be either a debit or a credit depending on the circumstance.

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Gemini group ordered motor tune ups and oil changes on their entire fleet of company vehicles in the third quarter. How should this expense be recorded?.

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Gemini group ordered motor tune ups and oil changes on their entire fleet of company vehicles in the third quarter, the expense be recorded as a Revenue Expenditure.

Revenue Expenditure refers to short-term business expenses that are usually incurred immediately or within one year including all the expenses that are warranted to satisfy the current operational costs of the business. These expenditures are incurred during normal business operation by the company and the benefits are received in the same period. The examples of revenue expenditure include rent expenses, utility expenses, salary expenses, insurance expenses, commission expenses, manufacturing expenses, etc. They are essentially the same as operating expenses. As Gemini group carry out motor tune ups and oil changes on their entire fleet of company vehicles in third quarter, these are revenue expenditures as they are needed for operation.

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work in process apr. 1 balance 7,400 apr. 30 goods finished x 30 direct materials 69,100 30 direct labor 190,600 30 factory overhead 57,180 finished goods apr. 1 balance 13,100 30 goods finished 307,900 what was the balance of work in process as of april 30?

Answers

Work in progress is a term used in supply chain management to describe the ongoing progress of a product that is waiting for a problem. It is a part of the asset in the inventory.The final balance of unfinished business The answer is $29,900.

Calculating the remaining work that has to be done as of April 30 as:

Work in progress balance (ending balance) equals the sum of the opening balance, direct material, direct labour, and factory overhead, where

$700 is the initial balance.

$78,400 worth of direct material

$195k is spent on direct labour.

$136,500 is the factory overhead.

Making use of the values above:

Final work balance: $7,000 plus $78,400 plus $195,000 plus $136,500

Final work balance: $29,900

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having the freedom to set your own working hours and taking lots of vacations, particularly when just beginning the business. accepting accountability for the mistakes of the business. having limited financial resources to throw into the business. reducing your working hours.

Answers

Being your own boss means accepting accountability for the mistakes of the business.

As a business owner, you are ultimately responsible for the actions of your employees. If they break the law or engage in unethical behavior, they should hold accountability. This is why it's so important to have a strong code of conduct and ethical standards in place.

You should also be aware of any red flags that could indicate your employees are engaging in questionable behavior. By being proactive and diligent, you can help create a culture of accountability in your business.

Hence, the correct option is "C".

The question is incomplete, the complete question is:

Being your own boss means:

A. reducing your working hours.

B. having the freedom to set your own working hours and taking lots of vacations, particularly when just beginning the business.

C. accepting accountability for the mistakes of the business.

D. having limited financial resources to throw into the business.

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ben is purchasing a home and reviewing a loan amortization chart. if the home price is $330,000 and he's financing $300,000, once he finds the factor (number that intersects his interest rate and term on the amortization chart), what number does he multiply by that factor?

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300 is multiplied by that factor. The number intersects his interest rate and term on the amortization chart.

In tax regulation, amortization refers to the price recovery system for intangible belongings. Despite the fact that the idea at the back of cost healing deductions of amortization is to deduct from the foundation in a scientific manner over an asset's anticipated useful financial life so as to reflect its consumption, expiration, obsolescence or different decline in cost as a result of use or the passage of time, oftentimes a perfect in the shape of income and deductions does no longer occur for policy reasons. A corresponding concept for a tangible property is depreciation. Methodologies for allocating amortization to every tax period are normally the same as for depreciation. However, many intangible properties together with goodwill or sure manufacturers can be deemed to have an indefinite useful existence, or “self-created” and are therefore now not issued to amortization.

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joe smith wishes to have $100,000 in five years. if he can earn annual interest of 3%, how much must he invest today?

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Joe smith should invest $86000 today to get a future value of $100000

In the world of finance, present and future values refer to the future and current net worth of the money that we currently possess. Generally speaking, both the time worth of money and its monetary idea, which is used daily by business owners or investors, are the origins of the present value vs. future value concept. The basic tenet is that money received today is worth more than money received tomorrow or at any other time in the future.

Calculating the amount Joe Smith wishes to have in 5 years:

Present value = Future value*Present value of $1 for a period of 5 years at 3%

= $100,000*0.86

= $86000

The present value of the factor for 5 periods at 3% interest is 0.86

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a manufacturer of clothing currently sells its products at neiman marcus and dillard's. a survey shows that a majority of its customers expect to find its products at neiman marcus, macy's, and saks fifth avenue, but relatively few customers expect to find the products at dillard's or marshalls. if the manufacturer acts on its customers' expectations, what action would it take in regard to its retail partnerships?

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If the manufacturer acts on its customers' expectations, it will start by partnering with Macy's and Saks fifth avenue and leave Dillard's behind.

What is partnering?

A process of building a connection between each party by knowing each other's obligations, and maintaining an attitude of goodwill and trust.

At first, the manufacturer probably know 2 department stores's key person and it is the main reason why the manufacturer sells its products in Neiman Marcus and Dillard's. Along the way, when the market segment of the manufacturer's products already settled, it acts to listen on the customers' expectations to make a greater sales and the manufacturer has to make a change as its customers wants. The main objective of the manufacturer is to make the greatest sales, so it has to join with the bigger department stores (Macy and Saks fifth avenue) and leave the smaller department store (Dillards) behind.

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jones corporation reported current assets of $189,000 and current liabilities of $134,000 on its most recent balance sheet. the current assets consisted of $62,800 cash; $44,200 accounts receivable; and $82,000 of inventory. the acid-test (quick) ratio is:

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The quick ratio measures the ratio of a company's available liquid assets to its current liabilities in dollars. Current liabilities are a company's debts or obligations that must be paid to creditors within a year.

Liquid assets are those current assets that can be quickly converted into cash with minimal impact on the price received in the open market.

What Is the Quick Ratio?

A company's ability to meet its short-term obligations with its most liquid assets is measured by the quick ratio, which is an indicator of a company's short-term liquidity position.

It is also known as the acid test ratio because it indicates the company's capacity to immediately pay down its current liabilities using assets that can be quickly converted to cash. A slang term for a quick test with instant results is an "acid test."

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Jorge has a monthly gross income of $3,500, and his monthly debt payments are: $325 car payment, $290 student loan payment, $930 mortgage payment, and $400 credit card payment. what is his total debt-to-income ratio rounded to the nearest percent?

Answers

Answer:

18%

Explanation:

56% is his total debt-to-income ratio rounded to the nearest percent. Thus, option A is correct.

What is debt?

Debt may be defined as the sum that the borrower owes the lender. A debt is an amount of money that has been borrowed over a certain time frame and must be repaid, plus interest. The borrower's way and the effect that affects both the debt's size and its acceptance. A debt trap occurs when a borrower is driven to take out more loans in order to pay off previous ones. A debt trap happens when financial responsibilities outweigh a person's ability to repay loans.

Total debt payment can be termed as the sum of all debt payment

= 325 +290 +930 +400

= 1945

Debt-to-income ratio formula will be termed as

= total debt payment/income

= 1945/3500

= 56%

Therefore, option A is the correct option.

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The question is incomplete, the complete question will be:

Jorge has a monthly gross income of $3,500, and his monthly debt payments are $325 car payment, $290 student loan payment, $930 mortgage payment, and $400 credit card payment. What is his total debt-to income ratio rounded to the nearest percent?

56%

43%

18%

31%

in the figures below, the first graph represents individual firms and the second the market as a whole. if there are 100 competitive firms of the size represented by ac1, how much does an individual competitive firm produce?

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'in the figures below, the first graph represents individual firms and the second the market as a whole. if there are 100 competitive firms of the size represented by ac1, 1.1m an individual competitive firm produces.

It makes similar products at all sellers. There are many buyers and sellers, each small compared to the market as a whole, or many potential sellers.

A perfect competitor is a price taker. That is, you must accept the equilibrium price at which you sell your goods. A perfectly competitive company will not sell if it tries to exceed the market price even a little.

A competitive firm is one that (1) has many buyers and sellers in the market. (2) Products offered by different sellers are almost identical. (3) Firms are generally free to enter and exit the market. 2. Figure 2 shows the cost curve for a typical company.

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at the beginning of the year, petra owes $10,000 on an installment notes payable, which has an interest rate of 6%. at the end of the year, petra makes a payment of $2,000. after the payment, the carrying value of the installment notes payable will be:

Answers

$8,600 Justification

$10,000 - $(2,000 - (10,000 x .06) = $8,600

What is the ratio of debt to assets?

A sign of financial leverage is the debt to total assets ratio. It tells you how much of the total assets were paid for by debt, creditors, and liabilities. A company's ability to pay its debt's interest is shown by its times interest earned ratio.

What is the debt's carrying value over time when bonds are issued at a premium?

The carrying value of a bond is greater than its face value when it is issued at a premium.The carrying value of a bond is lower than its face value when it is issued at a discount.The carrying value of a bond is the same as its face value when it is issued at par.

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the cape cod cotton candy company had the following information available regarding last year's operations: sales (100,000 units) $200,000 variable costs 100,000 contribution margin 100,000 fixed costs 50,000 net income 50,000 if sales were to increase by 200 units, what would be the effect on net income?

Answers

The cape cod cotton candy company had the following information available. The effect on net income will be $200.

Net income refers to the quantum an individual or business makes after abating costs, allowances and levies. In commerce, net income is what the business has left over after all charges, including payment and stipend, cost of goods or raw material and levies.

Calculating the problem:

Selling cost per unit = $ 200,000 ÷ $ 100,000

                                     = 2

Variable cost per unit = $ 100,000 ÷ 100,000

                                   = 1

sales = 100,200× 2 = 200 ,400

Variable cost = 100,200 × 1

                         = 100,200

Contribution margin = 100,200

Fixed cost = 50,000

Net income = 50,200

So , net increase is $ 200.

Is Net Income the Same as Profit?

Generally, net income is synonymous with profit since it represents the final measure of profitability for a company. Net income is also appertained to as net profit since it represents the net quantum of profit remaining after all charges and costs are abated from profit.

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if a manager measures which location has the most traffic and includes that information in a model to predict store profits by location, which management perspective is she using

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if a manager measures which location has the most traffic and includes that information in a model to predict store profits by location, she is using Quantitative management perspective.

The quantitative method applies statistics, optimization models, information models, computer simulations, and other quantitative tools to the management process. The core of the quantitative approach is the notion that organizations are units of decision-making.

The development of mathematical and statistical models to represent a system, process, or relationship simply using models, equations, and formulas is the main focus of this branch of management theory. These methods aid managers in maximizing the production of goods and services using organizational resources.

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hy don't banks hold 100 p ercent reserves? how is the amount of reserves banks hold related to the amount of money the banking system creates?

Answers

The reason why banks don't have 100% reserves is because it is more profitable to use reserves to make loans.  The number of reserves banks hold is associated with the number of money the banking system product along the money multiplier. The smaller the fraction of reserves banks hold, the larger the money multiplier, because every dollar of reserves has a function to make more money.

A central bank, monetary authority or also known as  reserve bank, generally can be defined as an institution that manages monetary policy and the currency of a state or formal monetary union, and oversees their commercial banking system. Bank don't want to keep the rest of money  because bank can earn advantage by loaning some of the reserves out.

This question is not complete, the complete question is:

"why don't banks hold 100 percent reserves? how is the amount of reserves banks hold related to the amount of money the banking system creates?".

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a new trend in the secondary market occurred when wall street developed a market for collateralized mortgage obligations (cmo). these cmos generally consisted of

Answers

As a result of Wall Street creating a market for collateralized mortgage obligations, the secondary market underwent a new trend (CMO). This CMOS typically included loans with short-term interest rates attached.

What is a collateralized mortgage obligation?

A collateralized mortgage obligation (CMO) is a fixed-income security made up of a group of mortgage loans that are comparable in a number of respects, such as loan size or credit score, and are bundled together and offered to investors as a single investment known as a security.

Securities for CMOs are sold off-exchange, not on the stock exchange. The structure of a CMO is comparable to stock dividends: investors purchase the investment and receive payments (money from principal and interest) in accordance with a predetermined schedule following the completion of the mortgage borrowers' monthly mortgage payments.

Investors receive a return in the form of principal and interest payments, and CMOs can be a wonderful method for investors to diversify their holdings and boost cash flow.

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based solely on their current weighted average cost of capital, which company should pursue an investment opportunity with an expected return of 6.5%? only company a both company a and company b only company b neither company a nor company b

Answers

Based solely on their weighted average cost of capital, both companies should pursue an investment opportunity with an expected return of 6.5%.

What is investment?

Investment is the commitment of funds toward the acquisition of an asset with the goal of achieving a growth in value over time. A current item, such time, money, or effort, must be sacrificed in order to invest. The possibility of losing all or a portion of an investor's invested capital exists. Contrary to arbitrage, which involves neither risk-taking nor capital investment, investment requires both.

Savings carry a default risk from the financial institution. Foreign exchange risk also applies to savings accounts held in foreign currencies. If the currency of a savings account is different from the account holder's native currency, there is a chance that the exchange rate will change unfavorably, lowering the value of the savings account.

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In Macroland, autonomous consumption equals 100, the marginal propensity to consume equals 0. 75, net taxes are fixed at 40, planned investment is fixed at 50, government purchases are fixed at 150, and net exports are fixed at 20.

The vertical intercept of the expenditure line is:


Induced expenditure equals:Autonomous expenditure equals:Planned aggregate expenditure equals:The slope of the expenditure line is:The vertical intercept of the expenditure line is:Induced expenditure equals:

Answers

According to given question Autonomous expenditure equals is 290 in Macroland.

What do you mean by investment?

An investment is something that is purchased with objective of earning money or gaining fame. A purchase for products that are not used right away but will be utilized to create wealth down the road is referred to as an investment in an economic prospects.

Briefing:

Spending that is autonomous is spending which is unattached to income. In this case, because C = 100 + 0.75(Y - T),

we have PAE = C + I + G + NX = [100 + 0.75(Y - 40)] + 50 + 150 + 20 = 100 + 0.75Y - 30 + 50 + 150 + 20 = 290 + 0.75Y.

Autonomous expenditure is the vertical intercept of 290.

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a firm is producing 4 units of output at an average total cost of $40. when the firm produces 5 units of output, average total cost rises to $50. what is the marginal cost of the fifth unit of output?

Answers

The marginal cost of production for the fifth unit of output  is $90.

How much does it cost more to produce the fifth unit of output marginally?

The marginal cost of creating the fifth unit is equal to the sum of the costs to make five units minus the sum of the costs to produce four units, or R122 minus R120, which equals R12.

The difference in total production costs caused by creating or producing an extra unit is known as the marginal cost in economics.

Marginal cost illustration

The marginal cost is the additional expense incurred when producing a new good. As an example, let's say that it costs $100 to create 100 car tires. To make one extra tire would cost $80. The marginal cost is defined as what it costs to create one additional unit of a good or service.

For the first 4 units the total cost =  $40 * 4 =$160

For the first 5 units the total cost =  $50 * 5  = $250

So, the marginal cost for the fifth unit will be:

= $250 - $160

= $90

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heather agrees to work for noah for one year in his law office. noah writes an employment contract that states that heather is to earn $20 per hour and to work forty hours per week. noah terminates heather's employment after six months. heather sues to recover what she claims are her losses. at trial, both parties discover that the contract says that heather's hourly wage is $0.20. what can heather and noah do about the error?

Answers

The correct answer is they can offer parol evidence to clarify the clerical error.

Given that a wage of $20 per hour and forty hours per week were agreed upon, it is clear that a clerical error occurred when the contract was written.

Because the rule of parol evidence governs the types of evidence that can be used to confirm a clerical error and repair it, it can be used to remedy this error.

In actuality, this rule is applied to resolve contractual disputes in order to repair a typing error by establishing the genuine, mutually agreed-upon provisions of the contract.

This parol proof truly protects the integrity of the contract because it forbids any modification of contracts or documents and prevents meaning changes brought on by errors and the like.

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