Answer:
Duration is 11 years
Explanation:
The Duration of a zero coupon bond is equal to it's maturity. Since it matures at 11 years the duration of the bond is therefore also 11 years.
It is a bond that pays no interest. A zero-coupon bond is a bond where the face value is what is repaid during the time of maturity. There are no periodic interest payments, or have so-called coupons, that is why they are referred to as zero-coupon bond. Investor gets par value when it matures.
Net operating income is calculated by subtracting ______ from ______. Multiple choice question. cost of goods sold; sales cost of goods sold; gross margin selling and administrative expenses; sales selling and administrative expenses; gross margin
Net operating income is calculated by subtracting selling and administrative expenses from gross margin.
What is Net operating income?In accounting, net income can be regarded as the subtraction of income from other costs.
These other costs could be;
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Journalize the entries to record the following selected transactions:
a. Sold $900 of merchandise on account, subject to 7% sales tax. The cost of the goods sold was $510.
b. Paid $436 to the state sales tax department for taxes collected.
If an amount box does not require an entry, leave it blank.
a.
- Select -
- Select -
blank
- Select -
- Select -
- Select -
- Select -
b.
When the final sale in the supply chain is made, the retailer is responsible for collecting sales tax. The required journalized entries for the selected transactions involving sales tax are attached below.
The state levies a consumption tax, the so-called sales tax, on the purchase of goods and services. A standard sales tax is collected at the point of sale, collected at the store and remitted to the government.
Depending on the regulations in that country, a business may be responsible for sales taxes in that jurisdiction if it has a presence there, which can be a physical site, an employee, or an associate. The calculation of sales tax for (a) is:
Sales Tax Payable = Amount of sales× Sales Tax
= $900 × 7%
= $63
Therefore, all the selected transactions are explained with the help of the journal entries.
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Your question is incomplete, but most probably the full question was,
Question Content Area
Journalize the entries to record the following selected transactions:
a. Sold $900 of merchandise on account, subject to 7% sales tax. The cost of the goods sold was $510.
b. Paid $436 to the state sales tax department for taxes collected.
If an amount box does not require an entry, leave it blank.
a.
- Select -
- Select -
blank
- Select -
- Select -
- Select -
- Select -
b.
- Select -
- Select -
blank
4. If you were a technical designer, what other positions could you pursue?
JaCo uses the periodic method and records merchandise purchases at net. Its 20X4 ending inventory is $69,000. During 20X5, JaCo purchases merchandise for $878,000, with freight-in of $11,000. Purchase returns are $17,000, purchase discounts lost are $4,000, and the cost of merchandise on hand a tyear end is $91,000. At yearend, JaCo records the following entry:
JaCo uses the periodic method and records merchandise purchases at net. Its 20X4 ending inventory is $69,000. During 20X5, JaCo purchases merchandise for $878,000, with freight-in of $11,000.
Purchase returns are $17,000, purchase discounts lost are $4,000, and the cost of merchandise on hand a tyear end is $91,000. At yearend, JaCo records the following entry:
Account
Debit = Cost of Goods Sold = 854,000
Credit = Inventory = 854,000
To record the yr-stop entry for inventory under the periodic approach, JaCo desires to calculate the value of products offered (COGS) for 20X5. The formula for COGS underneath the periodic technique is:
COGS=Beginning stock + Purchases − Ending stock
Plugging in the given values, we get:
COGS=69,000(878,000+11,000−17,000+4,000)−91,000=69,000+876,000−91,000=854,000
Therefore, the 12 months-cease access for inventory is:
Account
Debit = Cost of Goods Sold = 854,000
Credit = Inventory = 854,000
This entry reduces the inventory account to the finishing balance of $91,000 and records the expense of COGS for the year.
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Followership Conclusion I need help and examples please!
The conclusion of Chaleff’s courageous followership, is that followers are not simply passive participants in the leadership process and can play a vital role in shaping the direction of their organizations and communities.
What did Cheleff opine ?In his book The Courageous Follower, Ira Chaleff defines a courageous follower as someone who "has the courage to assume responsibility, to serve, to challenge, to participate in transformation, and to take moral action." He argues that courageous followers are essential to effective leadership, and that they can play a vital role in creating a more just and equitable world.
Courageous followers are willing to take moral action, even when it is unpopular or difficult. They are not afraid to stand up for what they believe in, even when it means risking their own safety or reputation. By following Chaleff's five dimensions, courageous followers can help to create a more just and equitable world.
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The full question is:
Discuss Ira Chaleff's Fellowship conclusion.
How can life expectancy and literacy rates affect the quality of labor in the economy?
Explanation:
Life expectancy and literacy rates can affect the quality of labor in the economy because if citizens are literate, they are educated and likely have white-collar jobs. Citizens who are illiterate likely have more manual labor jobs.A nation with lower fertility rates will usually have less people, and scarce resources will take longer to run out
What are managed services?
Explanation:
In order to optimize efficiency and minimize costs, managed services are the method of transferring the obligation for managing and forecasting the need for a variety of systems and functions.
Resources like infrastructure, device, network and protection are provided by a service provider through continuing and daily assistance and effective management on the properties of customers, in the MSP's server farm or in a third-party server farm.
In one paragraph, describe two ways in which the Credit Card Accountability Responsibility and Disclosure Act (CARD Act) helps customers.
A consumer protection law called the Credit Card Accountability Responsibility and Disclosure Act of 2009 was passed to protect consumers from unfair business practices by credit card issuers. Increased disclosure of credit card terms and conditions, as well as limitations on associated fees and interest rates, are required to achieve this.
What is a Credit card?A bank or other financial institution issues a small, rectangular piece of plastic or metal known as a credit card, which allows its owner to borrow money in order to pay for goods and services at establishments that accept credit cards.
To protect the customers against unfair practice The Credit Card Accountability Responsibility and Disclosure Act (CARD Act) were passed.
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what link-building strategy do search engines implicitly approve?
The link building strategies that the search engines are known to have to approve of implicitly would be the
Nofollowthe sponored links attributesWhat is meant by the link building strategies?This is the term that is used to refer to the practice that has to do with the ways that the one way hyperlinks can be built. This is usually done through the use of the website that had to have the goal of helping to get visibility through the use of search engines.
The strategies that are used are the ones that have to do with content writing, the ones that have to do with useful tools and those that have to do with the outreach that is done with the use of mails.
The other ways that this can be done would be through the use of the social media outreach. Hence the links that they would use implicitly would have to do with the nofollow links etc.
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If you were running the clothing or grocery store, which buying method would you prefer to use? Why? (1-4 sentences. 1.0 points)
James received a raise after his first year on the job to $43,800 from his initial salary of $42,000. Inflation averaged 2.8% for that first year. In real terms (i.e., adjusted for inflation), what was his real raise stated as a percentage?
The calculation for percentage change of personal income is:
Group of answer choices
4.29%
2.29%
5.29%
1.29%
The calculation for percentage change of personal income is A. 4.29%. that is, the real raise of salary in percentage is 4.29%.
What is inflation?The overall rise in prices of goods and services over time in an economy is referred to as inflation. When inflation occurs, people may purchase fewer products and services with the same amount of money because the purchasing power of a unit of currency declines.
How do you determine it?James's initial income of $42,000 must be adjusted for inflation before being compared to his current compensation of $43,800 in order to determine his actual raise. The inflation rate was 2.8%.
Raise in salary = 43800 - 42000 = $1800
Therefore, real raise of salary in percentage is:
= Raise in salary/ initial salary x 100%
= 1800/42000 x 100%
= 4.285% = 4.29%
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Which statement is true regarding monopolistic competition?
Answer:
AR>MR
--------------------------------------
WHERE ARE THE OPTIONS.
in a 3 - 4 page essay, discuss warren Buffett's approach to business dealings, especially as they relate to business ethics.
Compare that approach to Benie Madoff's.
Apply ethical philosophies that you have learned about in this module and state which you think apply to Mr. Buffett.
Which ethical philosophies apply to Mr. Madoff? Why?
In this essay, we explore Warren Buffett's ethical approach to business, compare it to Bernie Madoff's, and analyze the applicable ethical philosophies for each.
Here are the steps to be followed:
1. Introduction:
2. Warren Buffett's Approach to Business Dealings and Business Ethics:
Explain Warren Buffett's overall approach to business dealings.Discuss his stance on business ethics, emphasizing any specific principles or values he adheres to.Provide examples or case studies that demonstrate Buffett's ethical decision-making in his business practices.Discuss the impact of his ethical approach on his reputation and long-term success.3. Bernie Madoff's Approach to Business Dealings and Comparison to Buffett:
Describe Bernie Madoff's approach to business dealings, specifically in relation to ethics.Highlight any unethical practices or actions committed by Madoff, such as his infamous Ponzi scheme.Compare and contrast Madoff's approach to Buffett's approach, pointing out the key differences in their ethical standards and behaviors.Discuss the consequences of Madoff's unethical actions, including the financial losses and damage to investors.4. Application of Ethical Philosophies to Warren Buffett:
Introduce the ethical philosophies that you have learned in the module.Identify which ethical philosophies apply to Warren Buffett based on his approach to business dealings.Explain why you believe these philosophies are applicable and provide supporting evidence or examples from Buffett's actions or statements.Discuss the implications and benefits of Buffett aligning with these ethical philosophies.5. Ethical Philosophies Applicable to Bernie Madoff and Reasons:
Analyze the ethical philosophies that can be applied to Bernie Madoff's actions.Discuss which ethical philosophies are relevant to understanding Madoff's unethical behavior.Provide justifications and explanations for the selected ethical philosophies, considering how they align with Madoff's actions or motivations.Reflect on the consequences of Madoff's departure from ethical principles.6. Conclusion:
Summarize the key points discussed in the essay regarding Warren Buffett's approach to business dealings and ethics, as well as the comparison to Bernie Madoff.Emphasize the importance of ethical decision-making in business and the long-term implications it can have.Offer any final thoughts or insights on the topic.Remember to support your arguments with evidence, examples, and references to credible sources. Properly cite any sources used in your essay according to the appropriate citation style.
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Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.9 customers arrive each hour. One design consultant is available to answer customer questions and make product recommendations. The consultant averages 10 minutes with each customer.
A. Compute the operating characteristics of the customer waiting line, assuming Poisson arrivals and exponential service times. If required, round your answers to four decimal places.
Lq =
L =
Wq = hours
W = hours
Pw =
B. Service goals dictate that an arriving customer should not wait for service more than an average of 6 minutes. Is this goal being met? If not, what action do you recommend? Yes or No
C. If the consultant can reduce the average time spent per customer to 8 minutes, what is the mean service rate? If required, round your answer to one decimal place.
------ customer per hour
Will the service goal be met? Yes or No
A. Operating characteristics:
Lq ≈ 0.5017, L ≈ 0.9377, Wq ≈ 0.1730 hours, W ≈ 0.5063 hours, Pw ≈ 0.4833
B. Service goal: Not met. Action recommended.
C. Mean service rate: 7.5 customers/hour.
If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes).
A. To compute the operating characteristics of the customer waiting line:
Arrival rate (λ) = 2.9 customers/hour
Service rate (μ) = 60 minutes / 10 minutes per customer = 6 customers/hour
Average number of customers in the queue (Lq):
Lq = (λ^2) / (μ * (μ - λ)) ≈ 0.5017
Average number of customers in the system (L):
L = λ / (μ - λ) ≈ 0.9377
Average waiting time in the queue (Wq):
Wq = Lq / λ ≈ 0.1730 hours (approximately 10.38 minutes)
Average waiting time in the system (W):
W = Wq + (1 / μ) ≈ 0.5063 hours (approximately 30.38 minutes)
Probability of a customer waiting in the queue (Pw):
Pw = λ / μ ≈ 0.4833
B. The service goal is that an arriving customer should not wait for service more than an average of 6 minutes. However, the average waiting time in the system (W) is approximately 30.38 minutes, exceeding the goal. Therefore, the service goal is not being met.
Action recommendation: To meet the service goal, I would recommend taking the following actions:
Increase staffing: Hire additional design consultants to handle customer questions and product recommendations.
Improve efficiency: Streamline processes and provide training to the consultant to reduce the time spent with each customer.
Appointment scheduling: Implement a system for customers to schedule appointments, ensuring dedicated time slots for each customer and minimizing waiting times.
Self-service options: Provide self-service resources or online tools where customers can access basic information and make preliminary decisions, reducing the need for extensive consultations.
C. If the consultant can reduce the average time spent per customer to 8 minutes, the mean service rate can be calculated as follows:
Mean service rate (μ) = 60 minutes / 8 minutes per customer ≈ 7.5 customers/hour
Will the service goal be met? Yes
If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes). This is less than the service goal of 6 minutes, so the goal will be met.
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Which of the following is not a frequently used strategic approach to setting a company apart from rivals and achieving a sustainable competitive advantage?
a) outcompeting rivals on the basis of such differentiating features like higher quality, wider product selection, added performance, better service, or more attractive styling.
b) aiming for a cost-based competitive advantage.
c) simply trying to mimic the successful strategies of rivals.
d) focusing on a narrow market niche and winning a competitive edge by doing a better job than rivals to satisfy the needs and tastes of the niche's buyers.
b) aiming for a cost-based competitive advantage is not a frequently used strategic approach to setting a company apart from rivals and achieving a sustainable competitive advantage.
Which of the following is a regularly employed strategic tactic to differentiate a business from competitors and achieve a long-term competitive advantage?A low-cost provider strategy, a broad differentiation strategy, a best cost provider strategy, and a focused differentiation strategy are fundamental strategic techniques for differentiating a company from competitors and gaining a lasting competitive advantage.
Plan, reach, act, convert, and engage are the 5 stages of a comprehensive digital marketing strategy process. The Smart Insights RACE Framework will be used to illustrate the essential success elements for each step of your digital marketing strategy in this section.
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What is Supply Chain?
Answer:
Hello, I'm here to help you.
Explanation:
Supply Chain: Is a network between a company and its suppliers to produce and distribute a specific product or service.
For unions to grow in the future, they will have to
Multiple Choice
continue to focus on blue-collar and trade workers.
focus on organizing older workers rather than younger workers.
adapt to a more culturally diverse, white-collar workforce.
take up the fight against continuous improvement and employee involvement.
For unions to grow in the future, they will have to adapt to a more culturally diverse, white-collar workforce.
What is workforce?The term "workforce" can as ell be regarded as the labor force" which can be described as the group of people who are either employed or unemployed they can be seen as the people in certain organization or sector, but it can also refer to a specific geographic area like a city, state, or nation.
It should be noted that the entire workforce that a corporation has do engage on a project, however the entire number of potential employees The workforce in the nation is expanding quickly.
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24. A Large coca-cola vendor recently hired some economic analysts to assess the effect of a price increase in its 16-ounce bottles from $1.00 to $2.00. The analysts determined that, on average, the vendor’s customers spend about $15.00 on soda (Coke and all other brands) each week, and the average price for other 16-ounce soda bottles is $1.00. The analysts also utilized some focus groups to determine the preferences of the vendor’s customers. They used this analysis to build the following graph: Suppose x0 = 9 and X1 =7. Should the vendor expect to sell 7, more than 7, or less than 7 bottles of coke after raising the price to $2.00 if coke is a normal good?
As per the effect on the given situation, the vendor should expect to sell less than units of soda if there is a price increase.
Vendor:
Vendor refers the individual or company that sells goods or services to someone else in the economic production chain.
Given,
A Large Coca-Cola vendor recently hired some economic analysts to assess the effect of a price increase in its 16-ounce bottles from $1.00 to $2.00. The analysts determined that, on average, the vendor’s customers spend about $15.00 on soda (Coke and all other brands) each week, and the average price for other 16-ounce soda bottles is $1.00. The analysts also utilized some focus groups to determine the preferences of the vendor’s customers.
Here we need to find the effect of increasing the price on the market.
According to the given question, in this case, the normal goods can be divided into two effects: substitution and income.
Here the substitution effect has a straight association with the consumers.
And it changes cheaper goods when the price of the commodity rises. This effect will always results in the fall in consumption of price-increased goods and the increase in consumption of all the other goods.
Whereas the Income effect is the cause of the decreasing consumption of both goods, and it directly connects with the consumer's income.
This one is also, their consumption of goods will be reliant on their income.
Therefore, if there is a price increase in soda, the final consumption will decrease by applying the substitution and income effect. And also, both effects will fall in the same direction, causing final consumption to be less than units.
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One way to make ratio analysis more meaningful is to compare the ratios of one firm to those of other firms in the same industry. True Or False
which of the following hitches are allowed home depot
Out of the hitches given, the hitches that are not allowed is Class 3 receiver. A hitch is a tool which is attached to the frame of a vehicle. Thus option (B) is correct.
What are hitches?A hitch is a device that is attached to the chassis or frame of a vehicle, and is used to tow or carry loads, such as trailers, boats, or other vehicles. Hitches come in a variety of types and sizes, and the appropriate hitch depends on the weight of the load being towed or carried, as well as the towing capacity of the vehicle.
It is important to choose the appropriate hitch for the vehicle and the load being towed, and to follow the manufacturer's recommendations for hitch installation and towing capacity. Using an improperly installed or mismatched hitch can be dangerous and cause damage to the vehicle or the load being towed.
The Class 3 receiver are are not allowed out of given hitches above. Therefore option (B) is correct.
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The complete question might be:
Which of the following hitches are not allowed
Class 2 receiver
Class 3 receiver
Class 1 receiver
Bumper hitch
Gay and Joy developed a neat Bento box for children. The shape of the containers encourages healthy eating, and it is very popular. They have been paying another company to manufacture the boxes for them but are interested in manufacturing the boxes themselves. They’ve developed the following cost estimates:
Sales (100,000 units) $ 1,000,000
Costs: Fixed Variable
Raw Materials $ 0 $ 300,000
Direct Labor 0 200,000
Factory Costs 100,000 150,000
Selling and Administrative
Costs 110,000 50,000
Total Costs $ 210,000 $ 700,000
Operating Income $ 90,000
1. How many units will Gay and Joy need to sell to breakeven?
If Gay and Joy developed a neat Bento box for children. The shape of the containers encourages healthy eating, and it is very popular. How many units will Gay and Joy need to sell to breakeven is: 70,000 units.
First step is to determine the selling price
Selling price = $1,000,000 / 100,000 units
Selling price = $10
Second step is to determine the Variable cost per unit
Variable cost per unit =$700,000 / 100,000 units
Variable cost per unit = $7
Third step is to calculate the Contribution margin per unit using this formula
Contribution margin per unit = Selling price - Variable cost
Let plug in the formula
Contribution margin per unit = $10 - $7
Contribution margin per unit = $3
Fourth step how many units will Gay and Joy need to sell to breakeven
Using this formula
Break even= Fixed cost / Contribution per unit
Break even = $ 210,000 / $3
Break even =70,000 units
Inconclusion if Gay and Joy developed a neat Bento box for children. The shape of the containers encourages healthy eating, and it is very popular. How many units will Gay and Joy need to sell to breakeven is: 70,000 units.
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Small Business Management (1)
Please refer attached
Small business management refers to the process of overseeing and operating a small business. It involves various activities such as planning, organizing, leading, and controlling business operations to achieve the goals of the organization.
Small business management includes various functional areas such as marketing, finance, human resources, and operations. In order to effectively manage a small business, it is important to have a clear understanding of the business environment, competition, customer needs, and available resources. This requires conducting market research, identifying target markets, developing a marketing strategy, managing finances, and developing a team of skilled employees.
Effective small business management also involves establishing clear communication channels, delegating responsibilities, and establishing performance metrics to measure success. The key to successful small business management is to stay focused, prioritize tasks, and be flexible in adapting to changing business conditions. Overall, small business management is critical for the success of any small business. It requires a combination of skills, knowledge, and experience to effectively manage a small business and achieve its goals.
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Antiques ‘R’ Us is a mature manufacturing firm. The company just paid a dividend of $11.60, but management expects to reduce the payout by 5.25 percent per year, indefinitely. If you require a return of 11 percent on this stock, what will you pay for a share today?
If you require a return of 11% on this stock, you would be willing to pay approximately $191.13 for a share of Antiques 'R' Us today.
To determine the current share price of Antiques 'R' Us, we can use the dividend discount model (DDM) which calculates the present value of future dividends.
Given:
Dividend just paid = $11.60
Dividend reduction rate = 5.25% per year
Required return = 11%
We need to find the present value of future dividends to calculate the current share price.
Step 1: Calculate the expected dividend in the next period:
Expected dividend in the next period = Dividend just paid × (1 - Dividend reduction rate)
Expected dividend in the next period = $11.60 × (1 - 0.0525) = $11.60 × 0.9475 = $11.007
Step 2: Calculate the present value of future dividends:
Present value of future dividends = Expected dividend in the next period / (Required return - Dividend reduction rate)
Present value of future dividends = $11.007 / (0.11 - 0.0525) = $11.007 / 0.0575 = $191.13
Step 3: Calculate the current share price:
Since the dividend reduction rate is applied indefinitely, the current share price is the present value of future dividends.
Current share price = $191.13
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The small business administration coordinates a group of __________ in the elan program who provide free initial consultations to small businesses on export matters.
Answer:
The Small Business Administration coordinates a group of "export trade specialists" in the ELAN program who provide free initial consultations to small businesses on export matters.
Explanation:
Personal Finance test
Personal Finance test is an essential tool for anyone who wants to improve their financial literacy, make informed decisions about their finances, and achieve financial success.
Personal Finance test refers to an assessment tool that evaluates an individual's knowledge and understanding of financial concepts related to managing their personal finances. It usually covers topics such as budgeting, saving, investing, insurance, taxes, credit, and debt management.
The test aims to help individuals assess their financial literacy, identify areas for improvement, and make informed decisions about their financial well-being.
Personal Finance tests are often used by financial institutions, educational institutions, and employers as a screening tool to assess the financial competence of their clients, students, and employees. The test results can be used to provide personalized financial advice and recommendations to help individuals improve their financial skills.
Taking a Personal Finance test can also help individuals gain a better understanding of their financial situation and develop strategies to achieve their financial goals. It can help them learn how to make informed decisions about managing their money, create a budget, save for emergencies, invest for the future, and manage debt.
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any waste material on the floor should be
Answer:
Cleaned...it's waste
1. Leslie Moore runs a hammock shop. She is set to markdown her existing stock of hammocks 60 percent since it is mid-September, and her summer
high-sales period is completed. The basic rope hammock is retail priced at $65.00. What would be her markdown dollar amount and her resulting sale
price?
Leslie Moore's markdown dollar amount will be $39 and her resulting sale price will be $26.
What is pricing strategy?Pricing strategy is known as the changing in price of a product or service according to the demand of the product or service in the market. When the demand for a said product is high the price for the product is increased and if the demand of a product is low then the price is reduced.
Leslie Moore runs a hammock shop and she have a pricing strategy according to which she is now willing to reduce the price by 60%. The amounts are calculated as sale price multiply by 60% the amount is the reduction in the sale price, the reduction amount is deducted from the sale price.
The calculation is shown below,
$65 * 60% = $39
$65 - $39 = $26
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Which resources would be classified as a land factor of production?
A)
milk
B)
petroleum
C)
timber
D)
tractor
E)
workers
Timber and Petroleum can be classified as a land factor of production
Land is part of the four factors of production. The other three factors are Capital, Labour and Entrepreneur.
Let understand clearly that Land refers to anything that comes from the land and serves as resources used to produce goods and services.Capital is the factor that provides the money needed to run the business operation. The reward is Interest.Labour is the factor that helps the business run its day to day operation and this includes workers, staff etc. The reward for labor is Wages and salary.Entrepreneur is the factor that control and manage the other three factor of production. The reward for entrepreneur is Profit.
In conclusion, Petroleum and Timber are part of land and they serves as resources used to provide refined fuel, furniture and so on.
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Critics of the wealth gap might argue that
economic growth will likely decline over time.
the upper classes cannot help create new jobs.
the wealthy become unable to make investments.
buying power exceeds the supply from producers.
Answer:
economic growth will likely decline over time. Mark brainliest
Explanation: i did the test
The critics of the wealth gap may argue that an economic growth will likely decline over time.
Who are the critics of wealth gap?The critics are people that does not fascinate the idea of wealth gap in an economy.
Hence, they are more likely to argue that an economic growth will likely decline over time because they do not fascinate the gap of wealth economically.
Therefore, the Option A is correct.
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A buyer and seller have a serious disagreement regarding a defect in the swimming
pool. The buyer gives up and demands the deposit back. The seller disagrees and
demands the earnest money as liquidated damages. What should the broker do?
The broker will treat real estate as deposits as liquidated damages.
What is demand?Demand is the consumer's intention to buy a specific product or service.
The demand for a specific good on the market is known as market demand. The total demand for goods and services in the economy is known as aggregate demand. The price of an item or service is determined by how well supply and demand match. Recognizing the idea of demand.
Thus, the buyer demand for money has void.
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