Answer:
d. Hyperinflation can help a country get out of a deep depression.
Explanation:
Out of all the other options, the lesson that was not learned from the Great depression was that hyperinflation can help a country get out of deep depression. Hyperinflation cannot take economies out of depression, Instead, it quickly depreciates in value. A larger sum of money is required to purchase its limited number of products. All the other options can be termed as lessons that were learned as the result of Great depression.
2.
Which form of interest provides the greater return?
a. simple
b. compound
C. complex
d. fragment
how the stock market works
simplify ur answer?
Answer: Stock market works by doing an activity of buy/sell. It is a profit process. For example, you bought something cheap and sell it expensive that is profit.
Explanation:
project requires an initial fixed asset investment of $148,000, has annual fixed costs of $39,800, a contribution margin of $14.62, a tax rate of 21 percent, a discount rate of 15 percent, and straight-line depreciation over the project's 3-year life. The assets will be worthless at the end of the project. What is the present value break-even point in units per year?
Answer:
18,119 units
Explanation:
Break even Point is the level of activity at which the the project makes neither a profit nor loss.
Break even Point = (Annual fixed costs of a project + Annual equivalent cost of the project) ÷ Contribution per unit
where,
Annual fixed costs of a project = $39,800
Step 1 : Calculate PMT
This is to account for additional fixed costs on initial investment that needs to be covered.
N = 3
I = 15 %
PV = $148,000
FV = $0
PMT = ?
Using a Financial calculator, the PMT is $225,090
Step 2: Calculate Break Even Point
Break even Point = ($39,800 + $225,090) ÷ $14.62
= 18,119 units
Conclusion
The present value break-even point in units per year is 18,119 units
A clothing store sells T-shirts, t, for $8 a shirt and shorts, s, for $12 each. The
store earned $216 in revenue last month. The store sold three times as many
T-shirts as shorts. Which system of equations represents this scenario?
O A. 12t + 8s = 216; t = 3 + S
B. 8t+ 12s = 216; t = 3s
C. 8t + 12 s = 216; t = 3 + S
D. 12t+ 8s = 216; t = 3s
Answer:
b.
Explanation:
The store sold three times as many T-shirts as shorts the system of equations represents this scenario is 8t + 12 s = 216; t = 3 + S.
Let's start by setting up the equations. Let s be the number of shorts sold and t be the number of T-shirts sold.
From the problem, we know that:
The price of each T-shirt is $8 and the price of each short is $12. The revenue earned from selling s shorts is 12s and the revenue earned from selling t T-shirts is 8t.
The total revenue earned is $216. Therefore, we have the equation:
12s + 8t = 216
The store sold three times as many T-shirts as shorts. This gives us the equation:
t = 3s
Now we can substitute t = 3s into the first equation and solve for s:
12s + 8(3s) = 216
12s + 24s = 216
36s = 216
s = 6
Substituting s = 6 into t = 3s, we get:
t = 3(6)
t = 18
Therefore, the store sold 18 T-shirts and 6 shorts.
Checking the answer, we see that:
Revenue from T-shirts = 18 x $8 = $144
Revenue from shorts = 6 x $12 = $72
Total revenue = $144 + $72 = $216
So the answer is (C) 8t + 12s = 216; t = 3 + S.
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What happens in the labor market when the following event occurs?
Suppose that the number of jobs in the fishing industry decreases but the number of jobs in the travel industry increases. Initially,______
A. Structural unemployment increases
B. there is a shortage of workers in both sectors
c. cyclical unemployment increases
D. the unemployment rate does not change
how can planning and forecasting positively affect your operation
Ivanhoe Corp. has a deferred tax asset account with a balance of $72,800 at the end of 2019 due to a single cumulative temporary difference of $364,000. At the end of 2020, this same temporary difference has increased to a cumulative amount of $416,000. Taxable income for 2020 is $762,000. The tax rate is 20% for all years. No valuation account related to the deferred tax asset is in existence at the end of 2019.
Required:
a. Record income tax expense, deferred income taxes, and income taxes payable for 2020, assuming that it is more likely than not that the deferred tax asset will be realized.
b. Record income tax expense, deferred income taxes, and income taxes payable for 2017, assuming that it is more likely than not that none of the deferred tax asset will be realized.
Answer:
attached below
Explanation:
Given data :
Deferred tax asset account = $72800 at the end of 2019
single cumulative temporary difference = $364,000
At the end of 2020
single cumulative temporary difference = $416,000
Taxable income for 2020 = $762000
tax rate = 20% for all years
A) attached below
deferred income tax asset = $( 416,000 - 364,000 ) * 20%
= $10400
Income tax payable = $(762,000 ) * 20% = $152,400
Income tax expense = ( income tax payable - deffered income tax )
= $152400 - $10400 = $142,000
T. L. Jones Trucking Services establishes a petty cash fund on April 3 for $450. By the end of April, the fund has a cash balance of $383. The company has also issued a credit card and authorized its office manager to make purchases. Expenditures for the month include the following items:
Utilities (credit card) $119
Entertainment (petty cash ) 28
Stamps (petty cash) 43
Plumbing repair services (credit card) 214
Required:
a. Record the establishment of the petty cash fund on April 3.
b. Record credit card expenditures during the month. The credit card balance is paid in full on April 30.
c. Record petty cash expenditures during the month.
Answer:
A. 04/03
Dr Petty Cash $450
Cr Cash $450
B. 04/30
Dr Utilities Expense $119
Dr Maintenance and Rep $214
Cr Cash $333
C. 04/30
Dr Entertainment Expense $28
Dr Stamp expense $43
Cr Cash $71
Explanation:
Preparation of the journal entries
A. 04/03
Dr Petty Cash. $450
Cr Cash $450
(Being to record the establishment of the petty cash fund on April 3)
B. 04/30
Dr Utilities Expense $119
Dr Maintenance and Rep $214
Cr Cash $333
($114+$214)
(Being to record credit card expenditures during the month)
C. 04/30
Dr Entertainment Expense $28
Dr Stamp expense $43
Cr Cash $71
(28+43)
(Being to Record petty cash expenditures during the month)
Lina Company produces a product which sells for $40. Variable manufacturing costs are $18 per unit. Fixed manufacturing costs are $5 per unit based on the current level of activity, and fixed selling and administrative costs are $4 per unit. The contribution margin per unit is:
Answer:
The answer is 22 $
Explanation:
We calculate the contribution margin by following relation:
Contribution margin per unit = Selling price – Variable cost per unit
C = S - V
here S = 40$ and V = 18$
C = 40 - 18 = 22 $
explain why strong brands are important to both companies and consum
Answer: See explanation
Explanation:
Branding simply refers to creation of a name, design or a symbol that helps in the identification of the product of a particular company from other companies.
Branding is vital as it makes a company standout from others, it helps to distinguish ones product from the product of others. It also helps in the improvement of recognition and create awareness to ones customers. With the logo on ones product, consumers can easily identify ones product.
Branding also helps in the creation of trust and supports advertising. A strong brand also generates revenue to the company as it helps in the building of financial value. Branding also helps companies get new customers.
Customers also form a connection with brands. This helps in shaping the loyalty of the customer, building trust and aids customer retention.
You have been tasked to conduct Market Research for an acquisition focusing on Wireless Devices (cell phones, PDAs, etc.) The results of your research will be presented to both management and the IPT that will work on this requirement and will be relied upon throughout the life of the resulting contract. This acquisition will incorporate requirements for several different federal agencies with an annual estimated value of $2 million.
Required:
What is true regarding how you should execute the market research for this acquisition?
Answer:
Conduct a one-time thorough market analysis on all wireless devices so that IPT and management have a complete understanding of the intricacies related to the wireless market.
Explanation:
A market research of this nature and gravity requires a careful and in depth market analysis of the product in question. It needs to be thorough and the usually adopted 7 - step market analysis protocaloncouls be taken which involves research purpose identification and planning, well ouined objective of the research. Then we can start the design plan to be adopted, sample selection which fits tbe aim and objective of the research on kyher to produce good outputs, data collection follows and finally analysis of gathered data, refinement and the conclusion is drawn and the compilation of report for presentation to management and IPT.
To raise operating funds, Signal Aviation sold an airplane on January 1, 2018, to a finance company for $770,000. Signal immediately leased the plane back for a 13-year period, at which time ownership of the airplane will transfer to Signal. The airplane has a fair value of $800,000. Its cost and its book value were $600,000. Its useful life is estimated to be 15 years. The lease requires Signal to make payments of $102,771 to the finance company each January 1. Signal depreciates assets on a straight-line basis. The lease has an implicit rate of 11%.
Required:
Prepare the appropriate entries for Signal on:
1. January 1, 2018, to record the transaction
2. December 31, 2018, to record necessary adjustments
Answer:
Value of the lease = Annual lease payments * PVAD (11%, 13)
Value of the lease = $102,771 * 7.492236
Value of the lease = $770,000
Date Account Titles and Explanation Debit$ Credit$
Jan. 1 Leased Asset - Airplane 770000
Lease Liability 770000
Jan. 1 Lease Liability 102771
Cash 102771
Dec. 31 Interest Expense 73395
($770,000 - $102,771) x 11%
Interest Payable 73395
Dec 31. Depreciation Expenses 40,000
(600,000/15 years)
Accumulated Depreciation 40,000
The following information is available for Trinkle Company for the month of June:
1. The unadjusted balance per the bank statement on June 30 was $81,500
2. Deposits in transit on June 30 were $3,150
3. A debit memo was included with the bank statement for a service charge of $40
4. A $5,611 check written in June had not been paid by the bank
5. The bank statement included a $950 credit memo for the collection of a note. The principal of the note was $900, and the interest collected amounted to $50
Required
Determine the true cash balance as of June 30. (Hint: It is not necessary to use all of the preceding items to determine the true balance.)
Answer:
the true cash balance as on June 30 is $79,039
Explanation:
The computation of the true cash balance as on June 30 is given below:
Unadjusted Balance as Per Bank Statement on Jun 30 $81,500
Add: Deposit in Transit Jun $3,150
Less: Outstanding Check Jun30 $(5,611)
True Cash Balance As on Jun 30 $79,039
hence, the true cash balance as on June 30 is $79,039
In 2020, Theresa was in an automobile accident and suffered physical injuries. The accident was caused by Ramon's negligence. In 2021, Theresa collected from his insurance company. She received $15,000 for loss of income, $10,000 for pain and suffering, $50,000 for punitive damages, and $6,000 for medical expenses that she had deducted on her 2020 tax return (the amount in excess of 7.5% of adjusted gross income). As a result of this, Theresa's 2021 gross income is increased by ___________
Answer:
$56,000
Explanation:
Calculation for how much is Theresa's 2021 gross income is increased by
Using this formula
2021 gross income =Punitive damages+Medical expenses
Let plug in the formula
2021 gross income=$50,000 + $6,000
2021 gross income=$56,000
Therefore As a result of this, Theresa's 2021 gross income is increased by $56,000
CASE STUDY:
Do you think that the present business environment is favorable to business
organizations? Discuss and give your suggestions with necessary justifications.
Answer:
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The chicken-or-egg problem was an example of a(n) Multiple Choice first-mover disadvantage. economy of scale. economy of scope. first mover advantage. threat of new entrants.
Answer:
threat of new entrant.
Explanation:
Chicken or egg problem in economics is referred to as attraction to buyers. This is strategy for market setup or entry in the new market which will increase the competition. Sellers try to drive attraction to its customers with new and unique features of the products.
Johanna Murray, a climate campaigner at The National Footprint Foundation, is known in her organization to be a campaigner of caliber and high performance. She has strong networks with the Ministry of Environment and allies with several environmental organizations in the country. Over the years, she has gained substantial knowledge on the issue of climate change. However, recently when she prepared a consolidated report on a conference she attended on climate change, it reflected major loopholes and limited information from the conference. Which of the following, if true, substantiates that Johanna had an anchoring bias?
A) Johanna was moved by the arguments put forth by the first speaker.
B) Johanna participated actively in the interactive session conducted at the end.
C) The speakers at the conference consisted of renowned environmental scientists and activists.
D) Johanna has attended several conferences where the panel consisted of eminent scientists.
E) Johanna was shocked by the startling facts shown during the concluding session.
Answer:
A. Johanna was moved by the arguments put forth by the first speaker.
Explanation:
We start by first explaining the meaning of the concept anchoring bias. This would help us to pick the best answer for this question.
Anchoring bias can be described as a bias that exists when a person is heavily dependent on the first information they get or are offered. Once the person sets this anchor, all the judgments that they make tends to be anchored around this information.
so from these options in this question , the one that substantiates on what an anchoring bias is option A.
Johanna was moved by the arguments put forth by the first speaker.
Match the given descriptions to the factors required for risk management by a business.
high ethical standards
contingency plan
general liability
surviving competition
Answer:
Many consumers are filing lawsuits against the company and its products. - general liability
Company executives insist their products exceed the legal standards to ensure the safety of customers - high ethical standards
Companies should have a back-up plan in case of disaster - contingency plan
Businesses need to stay afloat in the economy having many entities dealing with the same product or service - surviving competition
Explanation:
Answer:
Intraspecific competition among organism from the same species
Interference is organisms preventing others from using a resource
InTERspecific is competition among organisms of different species
Exploitation is (by process of eliminating choices) is exploitation
Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom.
According to O*NET, what are common tasks performed by Foresters? Check all that apply.
Answer:
ACEF
Explanation:
Just got it right
Answer:
acef
Explanation:
duh.
Can someone give me 2-3 main points for why it is important for a business to have transparency and how does it benefit them and others?
Answer:
1. makes consumers feel like they can trust the business
2. it's easier to draw in the target demographic for the products they sell
Explanation:
How does a 12 year old dunk a Nba Basketball goal
Answer:
they keep trying hard
They maybe exercise or keep playing basketball
A good for which an inverse relationship exists between the demand for the good and income is a(n) good. Do you know the answer I know
Answer:
Inferior.
Explanation:
A price elasticity of demand can be defined as a measure of the responsiveness of the quantity of a product demanded with respect to a change in price of the product, all things being equal.
Mathematically, the price elasticity of demand is given by the formula;
[tex] Price \; elasticity \; of \; demand = \frac {Percentage \; change \; in \; price}{Percentage \; change \; in \; demand} [/tex]
A good for which an inverse relationship exists between the demand for the good and income is an inferior good.
Discuss the scope of financial management in an economy, which is facing a recession.
Wei Chi always spell-checks his written reports before giving them to his boss. Which of Wei Chi's skills is best shown by
using the spelling checker?
O critical thinking
O deductive reasoning
attention to detail
O technical skills
Answer:
c, attention to detail
Explanation:
Information related to Pharoah Company is presented below.
a. On April 5, purchased merchandise on account from Riverbed Company for $28,800, terms 3/10, net/30, FOB shipping point.
b. On April 6, paid freight costs of $900 on merchandise purchased from Riverbed.
c. On April 7, purchased equipment on account for $29,000.
d. On April 8, returned $3,400 of merchandise to Riverbed Company.
e. On April 15, paid the amount due to Riverbed Company in full.
Required:
Prepare the journal entries to record these transactions on the books of Kerber Co. under a perpetual inventory system.
Answer:
April 5
Dr Inventory $28,800
Cr Accounts Payable $28,800
April 6
Dr Inventory $900
Cr Cash $900
April 7
Dr Equipment $29,000
Cr Accounts Payable $29,000
April 8
Dr Accounts Payable $3,400
Cr Inventory credit $3,400
April 15
Dr Accounts Payable 25,400
Cr Cash 24,638
Cr Inventory 762
Explanation:
Preparation of the journal entries to record these transactions on the books of Kerber Co. under a perpetual inventory system
April 5
Dr Inventory $28,800
Cr Accounts Payable $28,800
April 6
Dr Inventory $900
Cr Cash $900
April 7
Dr Equipment $29,000
Cr Accounts Payable $29,000
April 8
Dr Accounts Payable $3,400
Cr Inventory credit $3,400
April 15
Dr Accounts Payable 25,400
($28,800 - 3,400)
Cr Cash 24,638
(25,400-762)
Cr Inventory 762
(25400 * 0.03 )
p + 8 = 18 help ineed helpppppp
Match each type of business insurance with its description.
professional liability insurance
data theft insurance
commercial auto insurance
property insurance
Answer:
insurance against leakage or pilferage of critical and confidential data - data theft insurance
insurance against commercial property damage due to events such as fire, floods, storms, or earthquakes - property insurance
insurance against damage to company vehicles and injury or loss of life due to company vehicles - commercial auto insurance
insurance against severe loss of life or money due to one’s professional negligence or malpractice - professional liability insurance
Explanation:
Use the following information to answer this question.
Windswept, Inc. 2017 Income Statement ($ in millions)
Net sales $9,390
Cost of goods sold 7,660
Depreciation 455
Earnings before interest and taxes $1,275
Interest paid 100
Taxable income $1,175
Taxes 411
Net income $764
Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions)
2016 2017 2016 2017
Cash $210 $240 Accounts payable $1,290 $1,335
Accounts rec. 960 860 Long-term debt 1,080 1,280
Inventory 1,750 1,665 Common stock 3,300 3,190
Total $2,920 $2,765 Retained earnings 620 870
Net fixed assets 3,370 3,910 Total assets $6,290 $6,675
Required:
What is the quick ratio for 2017?
Answer:
0.82
Explanation:
Quick ratio is computed as
= Quick assets / Current liabilities
Quick assets = cash and cash equivalents + marketable securities + Account receivables
Current liabilities = Bills payable + Accounts payable + Other short term payable
With regards to the above,
Quick assets given = Cash and accounts receivables ; account payables only for current liabilities
Quick ratio = $240 + $860 / $1,335
Quick ratio = $1,100 / $1,335
Quick ratio = 0.82
So, quick ratio for 2017 is 0.82
The Phrase lasissez-faire means which of the following?
A: To control
B:To let be
C: To buy
D: To contribute
What role does budget play and why exhibiting responsible money management behavior is important to reaching future financial goals?
Answer:
Some entities will follow a top-down mandatedapproach to budgeting. These budgets will begin with upper-level management establishing parameters under which the budget is to be prepared. These parameters can be general or specific. They can cover sales goals, expenditure levels, guidelines for compensation, and more. Lower-level personnel have very little input in setting the overall goals of the organization.
Explanation: