Answer and Explanation:
The Journal entry is shown below:-
1. Cash Dr, $15,000,000
To Bonds payable $15,000,000
(Being issue of bonds is recorded)
2. Interest expense on bonds Dr, $675,000
To cash $675,000 ($15,000,000 × 9% × 6 ÷ 12)
(Being payment of interest is recorded)
3. Bonds payable Dr, $15,000,000
To Gain on redemption of bonds $600,000
To Cash ($15,000,000 × 0.96) $14,400,000
(Being redemption on bonds is recorded)
The claim that the high school drop-out rate has increased because more women have taken jobs in the workplace would be an example of
Claims that drop-out rate has increased because more women have taken jobs in the workplace is an example of false cause fallacy.
A false cause fallacy is said to occur in a statement because the link between the premises and conclusion does not even exist.
Here, phrase one is "high school drop-out rate has increased" and phrase two is "because more women have taken jobs in the workplace"
If we assess the two phrase, we will observe that their is no link between the statement to facilitate a valid conclusion because when woman taking jobs in workplaces can not result to increase in drop rate in high school.
Therefore, it is an example of false cause fallacy.
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what are the four factors underlying the free enterprise system?
Answer:
profit,risk,competition and productivity
Which type of business ownership has limited liability?
Partnership
Sole proprietorship
Corporation
None of the above
What changes in the u.s. tax code has been enacted in recent decades, disproportionately benefiting the wealthy?
One major change was the Tax Reform Act of 1986 .Another significant change was the Tax Cuts and Jobs Act of 2017
these changes in the tax code have contributed to the increasing income and wealth inequality in the United States
In the United States, there have been several changes in the tax code that disproportionately benefited the wealthy in recent decades. These changes have resulted in an increase in income and wealth inequality across the country.
One major change was the Tax Reform Act of 1986. This Act lowered the top marginal tax rate from 50% to 28%, which greatly benefited the wealthiest Americans. However, it also eliminated many tax shelters and deductions that had previously allowed high-income earners to reduce their tax liability.
Another significant change was the Tax Cuts and Jobs Act of 2017. This Act lowered the corporate tax rate from 35% to 21% and lowered individual income tax rates across the board. However, it also disproportionately benefited the wealthy through changes such as the increased estate tax exemption, which allowed wealthy individuals to transfer more wealth to their heirs tax-free.
Additionally, there have been several changes to the capital gains tax rate, which is the tax rate applied to income from investments. These changes have generally resulted in lower tax rates for investment income, which tends to benefit the wealthy who have more investment income than the average American.
Overall, these changes in the tax code have contributed to the increasing income and wealth inequality in the United States. While some argue that lower taxes on the wealthy stimulate economic growth, others argue that these changes simply benefit the rich at the expense of the poor and middle class.
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With not more than 500 words, discuss the importance of
understanding consumer behaviour in the marketing of service.
Answer:
Explanation:
Understanding consumer behavior is a valuable tool for product and service providers. It enables them to increase sales by identifying their target market, determining the needs of that market, and developing products and services that meet those needs.
A firm will favor FDI over exporting as an entry strategy when:
a. the costs of establishing production facilities are high. b. the transportation costs or trade barriers are high.
c. there are problems associated with doing business in a different culture.
d. the products involved have a high value-to-weight ratio. e. the firm wants to occupy a position that falls inside the efficiency frontier.
(a) the costs of establishing production facilities are high. A firm will prefer FDI over exporting as an entry strategy when the costs of establishing production facilities are high. Foreign Direct Investment (FDI) is an investment that a company makes in a foreign country.
When compared to exporting, FDI offers the advantage of having more significant control over the operations involved in manufacturing the product. The company has a higher degree of control over the product and can even customize it to suit the needs of the customers in the target market. If the costs of establishing production facilities in the foreign country are high, the company will likely opt for FDI to take advantage of the lower costs of production and enjoy more considerable profits.
FDI is a strategy that is adopted by companies to expand their operations beyond their country's borders to reach out to new customers and tap into the potential of foreign markets. It is essential to know the right entry strategy to adopt, whether FDI or exporting, depending on the situation.
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Your mutual fund was valued at $237,500. It has lost 6% per year for the last 3 years. What is its value today?
Answer:
$197,263.7
Explanation:
The current value can be found by use of the compound interest formula. Since the asset has been losing value at 6 % per year,
the interest rate will be -6%
The formula for compound interest is FV = PV × (1+r)^n
in this case
FV= current value
PV= $237,500
r= -6% or -0.06%
n= 3 years
Fv= $237, 500 x ( 1 + (-0.06)^3
Fv=$237,500 x (0.94)^3
Fv= $237,500 x 0.830584
Fv= $197,263.7
The current value =$197,263.7
According to the video, what are a Computer Programmer's real skills? Check all that apply.
✅breaking down a job into small steps
❌researching what customers want
✅anticipating problems
❌selling software products
❌coordinating a group of workers
Answer:
1 3 thx for the answer!
Explanation:
Answer:
THANK YOU SO MUCH
Explanation:
Fractional reserve banking is a term used to describe a banking system whereby a. banks hold reserves equal to only a fraction of their deposit liabilities. b. banks hold reserves equal to a multiple of their deposit liabilities; that is, fractional in this case really means multiple. c. individual banks share a fraction of the total funds deposited in the whole banking system. d. banks are required to quote interest rates in fractions. e. banks are required to maintain a certain fraction of their deposits in the form of checkable deposits, a certain fraction of their deposits in the form of savings deposits, etc.
Answer:
a. banks hold reserves equal to only a fraction of their deposit liabilities.
Explanation:
The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.
Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.
Like all central banks, the Federal Reserve is a government agency that is saddled with the following responsibilities;
I. The Fed controls the issuance of currency in United States of America: it promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets.
II. It provides banking services to all the commercial banks in the country because the Federal Reserve is the "lender of last resort."
III. It regulates banking activities in the United States of America: it has the power to supervise and regulate banks.
In the banking system, fractional reserve banking describes a situation in which a depository financial institution such as a bank, hold an amount of reserves that is typically equal to only a fraction of its deposit liabilities.
washington city recognizes as revenues/expenditures those amounts collected/paid during the year or within 60 days of fiscal year-end. the city offers a pension benefit to its employees who meet certain age and years of employment criteria. the city participates in the state pension plan. the city's actuarially determined contribution requirement to the state pension plan for the fiscal year ended 6/30/18 is $4 million. due to cash inflow shortages the city, which budgeted $4 million for pension payments, paid only $3.5 million in the fiscal year ended 6/30/18. the city paid the remaining amount on september 30, 2018. assuming the city maintains its books and records in a manner that facilitates the preparation of its fund financial statements, what is the appropriate entry to record the pension payments and recognize any associated liability? a)debit expenditures $4 million; credit cash $3 million and pension payable $1 million. b)debit expenses $3.5 million; credit cash $3.5 million and pension payable $0 million. c)debit expenses $3 million; credit cash $3 million. d)debit expenditures $3 million; credit cash $3 million.
A. The journal entry will be debit expenditures $4 million; To credit cash $3 million and pension payable $1 million ($3 million + $1 million = $4 million).
The journal entry will be recorded on 09/90/18 including the pension payables of $1 million and cash credit $3 million and on debit side expenses of $4 million.
A debit is an accounting entry that affects a company's balance sheet by increasing assets or decreasing liabilities. In basic accounting, credits that operate in the inverse direction of debits balance each other out.
Every double-entry accounting system has a debit option. The polar opposite of credits is a debit. Credits represent money coming into an account, while debits represent money leaving it.
The crucial accounting entries known as journal entries show the costs incurred by the entity. The foundation of accounting are journal entries.
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what type of thought involves the rational analysis of many factors whose interactions must be calculated?
The type of thought that involves the rational analysis of many factors and their interactions is often referred to as "systems thinking" or "holistic thinking."
Systems thinking recognizes that complex issues and problems involve multiple interrelated factors and that understanding their interactions is crucial for effective decision-making. This approach involves considering the various elements of a system, how they are interconnected, and how changes in one element can impact the entire system. It emphasizes the need to take a broader perspective and consider the interdependencies and feedback loops within a system rather than focusing solely on isolated parts or linear cause-and-effect relationships. Systems thinking helps uncover underlying patterns, identify unintended consequences, and develop comprehensive solutions that consider the complexity of the issue at hand.
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when a firm maximizes its profit, which of the following is correct for firms in monopolistic competition and perfect competition?
The rule for maximizing profit in a monopolistically competitive market is MR = MC, and because the demand curve slopes downward, price is higher than marginal revenue.
Which of the following is a monopolistic competitor's profit-maximizing price?
By setting prices at a level where marginal cost and marginal revenue are equal, or MR=MC, a monopolistic competitor maximizes profit. On this table, MR=MC=$8 for 8 units sold at a $14 price per item. Inc. Hooked
What distinguishes a monopolistic company's approach to profit maximization from that of a perfect competitor?
The main difference between a monopolist and a perfectly competitive company is that a monopolist's marginal revenue is not equal to the price because changes in output quantity affect the price, whereas a perfectly competitive company's marginal revenue is equal to the price (MR = P).
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read the case "Oil and the Economy" from Chapter 20 "Aggregate Demand and Aggregate Supply" Page: - 750 – Chapter 33 given in your textbook –"Principles of Macroeconomics". A case study discussesthe model of aggregate demand and aggregate supply explains the economic fluctuations.
Questions:
Explain the short-run and long-run impacts of oil price increase on output and price level in the U.S. during 1973-1975 periods using the model of aggregate demand and aggregate supply. (2.5 points)
Explain the short-run and long-run impacts of oil price fall on output and price level in the U.S. in 1986, using the model of aggregate demand and aggregate supply (2.5 points)
The AS curve ultimately shifts back to its original position, with higher prices but the same level of output. The AD curve also shifts leftward, resulting in lower output levels and a higher price level.
An increase in output prices and input costs over time, on the other hand, would drive the AS curve back to its original position. The AD curve also shifts rightward, resulting in higher output levels and a lower price level.
The case "Oil and the Economy" from Chapter 20 "Aggregate Demand and Aggregate Supply" Page: - 750 – Chapter 33 given in your textbook –"Principles of Macroeconomics" discusses the model of aggregate demand and aggregate supply and explains the economic fluctuations.
The short-run and long-run impacts of oil price increase on output and price level in the U.S. during 1973-1975 periods using the model of aggregate demand and aggregate supply and the short-run and long-run impacts of oil price fall on output and price level in the U.S. in 1986, using the model of aggregate demand and aggregate supply are explained below:
The short-run and long-run impacts of oil price increase on output and price level in the U.S. during 1973-1975 periods using the model of aggregate demand and aggregate supply:
Short-run impact: The oil supply shock moves the AS curve upward and to the left, resulting in a rise in the price level and a fall in output in the short run.
Long-run impact: The economy adjusts to the supply shock over time, with higher unemployment and lower output prices ultimately driving the economy back toward full employment.
The short-run and long-run impacts of oil price fall on output and price level in the U.S. in 1986, using the model of aggregate demand and aggregate supply:
Short-run impact: A decline in oil prices lowers the cost of production for businesses, shifting the AS curve to the right, causing a decrease in the price level and an increase in the output in the short run.
Long-run impact: A drop in oil prices can stimulate the economy by increasing aggregate demand, which can result in higher employment and output.
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the number of people looking to buy ceiling fan buyers increases, so there is an increase in the
The increase in the number of people looking to buy ceiling fans would result in an increase in the demand for ceiling fans.
As the demand for ceiling fans increases, it is likely to lead to an increase in the sales of ceiling fans. The increase in sales can have various effects, such as increased revenue for ceiling fan manufacturers and retailers, potential expansion of production capacity to meet the higher demand, and a potential increase in competition among suppliers in the market.
Additionally, the increase in demand may also lead to innovations in ceiling fan designs, features, and pricing strategies to cater to the growing market.
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Which statement is the BEST example of a point of view opposed to free trade?
Question 4 options:
Sheltering young industries allows them to grow and compete with foreign competitors.
Mutually lowering tariffs produces gains on both the supply and demand side.
Skilled worker migration works to reduce poverty.
Comparative advantage benefits developing nations.
The best example of a point of view opposed to free trade is: sheltering young industries allows them to grow and compete with foreign competitors. The Option A is correct.
Why are some arguments against Free Trade?One of the main arguments against free trade is that when lower-cost international competitors enter the market, domestic producers go out of business.
These argument is wrong because the loss of domestic jobs is accompanied by price reductions in consumer goods, and these benefits should not be overlooked when weighing the tradeoffs involved in protecting domestic production versus free trade.
Furthermore, free trade not only eliminates jobs in some industries, but it also creates jobs in others. This dynamic occurs because there are usually industries where domestic producers end up being exporters and because the increased income held by foreigners who benefit from free trade is used to buy domestic goods.
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help me please please
Answer:
A). compound interest
Explanation:
Hope that helped you :)
Answer:
Simple interest
Explanation:
I believe it's simple interest
Excluding important negative information about a candidate in a recommendation letter
A) is expected—otherwise no one would be able to get a good job.
B) has led some employers to sue after hiring the candidate and discovering problems.
C) is the only way to prevent the candidate from suing you.
D) is okay, as long as you explain to the candidate that you are doing it.
E) is okay—as long as you add a release from liability clause to the letter.
The correct answer is B) has led some employers to sue after hiring the candidate and discovering problems.
When writing a recommendation letter, it is important to provide an accurate and honest assessment of the candidate's qualifications, skills, and character. Purposefully omitting negative information can mislead potential employers and create legal and ethical issues. If an employer discovers problems or negative aspects about a candidate after hiring them based on a recommendation letter that omitted important information, they may feel deceived and could potentially take legal action against the writer of the letter.
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Someone please help will mark as brainliest
Answer:
divide by the table and lilly pads
Explanation:
well how long is the table you divide the table from the number of lilly pads and there you go
Morgan and Dana are partners. The partnership capital for Morgan is $50,000 and for Dana is $60,000. Townsend is admitted as a new partner by investing $40,000 cash. Townsend is given a 25% interest in return for her investment. The amount of the bonus to the old partners is
Answer:
$2,500
Explanation:
Given the following:
Old partners :
Morgan's partnership capital = $50,000
Dana's partnership capital = $60,000
New partner :
Townsend's partnership capital = $40,000
Total partnership capital :
Old partner + new partner
$(50,000+60,000+40,000) = $150,000
Townsend's investment return :
25% of total partnership investment
0.25 × $150,000 = $37,500
Bonus to old old partners:
Townsend's investment capital - Townsend's return
$(40,000 - 37,500) = $2,500
Bonus to old partners = $2,500
Which of the following decisions is most likely to create a temporary diseconomy of
scale? (Select the best answer.)
A)Buying supplies in bulk
B)Buying an expensive piece of machinery
C)Hiring employees who specialize
D)Using division of labor
Answer:
Buying an expensive piece of machinery
Explanation:
Would you rather have a job you hate that pays $120,000 or a job you love that pays $40,000? Why?
Answer:
a job i hate becasue they pay well
Explanation:
I will have a job I hate that pays $120,000 because it is enough to cover living expenses and doesn't require a lot of extra effort or tons of time at work.
What do you mean by Job?Job is a piece of work, typically a specific activity completed as part of one's regular workday or for a set fee.
Even if I work a job I enjoy, I still have to report to the office during regular business hours and seek vacation time. I don't have control over my time or efforts, therefore both jobs sound the same to me. I could never truly love that profession as long as I am beholden to an employer and someone else is in charge of my time.
So even if earning $120,000 for a job you love may sound great to some, I wouldn't do it since I want to retire as early as possible, and that costs money.
Therefore, I will have a job I hate that pays $120,000.
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Which is an example of a short-term investment?A. bonds 3B. retirement fundsC. savings accountsD. houses
C. Savings accounts are an example of a short-term investment as they typically have low risk and can be easily accessed within a short period of time.
Bonds, retirement funds, and houses are generally considered long-term investments.
Savings accounts are considered short-term investments because they are highly liquid, can be easily accessed, and typically have a lower interest rate compared to other investment options.
Savings accounts can be considered as a short-term investment option. They offer a safe place to store money while earning interest, but the returns are generally lower compared to other investment options. Savings accounts provide liquidity and are suitable for short-term financial goals or emergencies.
Therefore, the correct answer is C. Savings account.
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What does the business entity principle primarily prevent?
Answer:
The business entity concept states that the transactions associated with a business must be separately recorded from those of its owners or other businesses. Doing so requires the use of separate accounting records for the organization that completely exclude the assets and liabilities of any other entity or the owner.
Answer:
The business entity principle states that the business and its owner are two separate entities in the eyes of the law. Therefore, their respective investments, withdrawals, income, expenses, profits, and losses should also go into separate accounts. The business accounts should never include the owner’s personal transactions because this might lead to ambiguous accounting information. Thus, the business entity principle primarily prevents a distorted view of the financial condition of the business. It helps in getting a clear understanding of how well the business is actually doing.
Explanation:
sample response given when you check your work
What are the 3 functional areas of incident command?.
The three functional areas of incident command are Logistics, Planning, and Administration/Finance.
Incident commands and operations are primarily supported by three internal (within ICS) sections. Logistics, planning, management and finance. However, for large or complex incidents, the Incident Command may require additional support from entities outside the responsibility/authority of ICS.
What are the functional areas of the operations management system?ICS has established five functional areas for managing major incidents. Command, Operations, Planning, Logistics, Finance/Management. Strictly follow the span of control recommendations to avoid unnecessarily large organizational structures.
What are the main functions of Operations Center?ICS provides guidelines for organizing resources to respond to incidents (system description) and processes for managing the response in a series of phases (operational concept).
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What's time based management?
QUESTION
Thomas invested $200 in an index fund with an average
annual rate of return of 8.4% and an expense ratio of 0.5%.
What was Thomas' annual rate of return after fees?
To calculate Thomas' annual rate of return after fees, we need to deduct the expense ratio from the average annual rate of return. In this case, Thomas invested $200 in an index fund with an average annual rate of return of 8.4% and an expense ratio of 0.5%.
Subtracting the expense ratio from the average annual rate of return gives us Thomas' annual rate of return after fees.
Therefore, 8.4% - 0.5% results in an annual rate of return of 7.9%.
Hence, Thomas' rate of return on his investment, after accounting for the expense ratio, was 7.9%.
This calculation is essential for determining the actual returns an investor receives on their investment, as it considers the fees and expenses associated with the investment.
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radar company sells bikes for $460 each. the company currently sells 4,300 bikes per year and could make as many as 4,680 bikes per year. the bikes cost $245 each to make: $155 in variable costs per bike and $90 of fixed costs per bike. radar receives an offer from a potential customer who wants to buy 380 bikes for $430 each. incremental fixed costs to make this order are $100 per bike. no other costs will change if this order is accepted. (a) compute the income for the special offer.(b) should radar accept this offer?
Where the above conditions are given, Radar should not accept the special offer.
What is the explanation for the above response?(a) To calculate the income for the special offer, we need to calculate the incremental revenue and incremental cost.
Incremental revenue = 380 × $430 per bike = $163,400
Incremental cost = (380 × $245 per bike) + (380 × $100 per bike) = $114,100
Income from special order = Incremental revenue - Incremental cost
= $163,400 - $114,100
= $49,300
Hence, it is correct to stat that the income from the special offer is $49,300.
(b) To determine whether Radar should accept this offer, we need to compare the incremental income from the special order to the incremental income from selling bikes at the regular price.
To calculare the incremental income from selling bikes at the regular price we say:= 380 × $215 per bike
= $81 ,700
Because, the incremental income from selling bikes at the regular price is higher than the incremental income from the special order , Radar should not accept the special offer.
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A company that produces and sells laptops has a weekly profit described by the function P(x) where x is the number of laptops produced and P(x) is given in hundreds of dollars. They determined their marginal profit for producing and selling 50 laptops was 3
Interpret this number in the context of the problem.
When the company produces and sells the______laptop it will____ $___in____
The company should produce and sell 416 laptops weekly to maximize its weekly profit.
The given computing company's weekly profit function isP(x) = -0.007x³ – 0.1x² + 500x – 700. The number of laptops produced and sold weekly is x units. To maximize the weekly profit of the company, we need to find the value of x at which the profit function P(x) attains its maximum value.
Now, differentiate the given function, we get:P′(x) = (-0.007) * 3x² – 0.1 * 2x + 500= -0.021x² – 0.2x + 500To find the value of x, we set P′(x) = 0 and solve for x.
So,-0.021x² – 0.2x + 500 = 0
Multiplying both sides by -1, we get0.021x² + 0.2x - 500 = 0.
To solve this quadratic equation, we can use the quadratic formula: x = (-b ± √(b² - 4ac)) / 2a where a = 0.021, b = 0.2, and c = -500
Substituting the values of a, b, and c in the above formula, we get: x = (-0.2 ± √(0.2² - 4 * 0.021 * (-500))) / 2 * 0.021≈ 416.1 or -2385.7
Since the number of laptops produced and sold cannot be negative, we take the positive root x = 416.1 (approx.) as the required value.
Therefore, the company should produce and sell 416 laptops weekly to maximize its weekly profit.
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QUESTION 16
A Pigovian subsidy that gets the socially optimal quantity of students to achieve education will be equal to:
O The distance between Pefficient and P* at Qefficient
The distance between Pefficient and P" at Q
O The distance between Pefficient and the Price on the Private Benefit curve at Q*
O The distance between Pefficient and the Price on the Private Benefit curve at Qefficient.
A Pigovian subsidy that gets the socially optimal quantity of students to achieve education will be equal to D: "The distance between Pefficient and the Price on the Private Benefit curve at Qefficient."
What is the Pigovian subsidy?A Pigovian subsidy is a government intervention aimed at reducing negative externalities, such as pollution or overuse of finite resources. In the context of education, a Pigovian subsidy would be used to encourage individuals to achieve the socially optimal level of education.
In this case, the socially optimal level of education would be represented by the quantity Qefficient. Pefficient is the price of education that would result in Qefficient without government intervention. The difference between Pefficient and the price on the private benefit curve at Qefficient represents the cost of the negative externality that the subsidy would address. This difference would be equal to the Pigovian subsidy.
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Mnemonics are a tool to aid which of the following?
A. Perception
B. Memory
C. Rewards
D. Confidence
Answer:
B. Memory
Explanation:
Mnemonics are a tool to aid memory.