Answers
Answer: a. both U.S. net exports and U.S. net capital outflow rise
Explanation:
US exports in this case is the music that the Indians are listening to. By paying for this music, the US exports are rising as they are leaving the shore of the United States so to speak.
US Net Capital Outflow refers to the investment in foreign assets by Americans over the investment by Foreigners in America.
Net Capital Outflow is increasing because the Americans held onto the Rupees which can be considered as the Americans investing in the Indian Rupees. The Americans are therefore investing in India more by holding those Rupees as opposed to the Indians who hold no dollars now.
Related Questions
What are the recommendations for Adidas for Ansoff Matrix?
Answers
The recommendations for Adidas for Ansoff Matrix include the following:
Market PenetrationMarket DevelopmentProduct DevelopmentDiversificationWhat informs Ansoff Matrix Analysis of Adidas?The Ansoff matrix has four matrixes related to the products and customers. Together with the matrixes and their positive implications, exist some negative factors for these matrixes. With this type of matrix, there will be numerous alternatives for the organization to decide what product to sell to which customers.
Therefore, the correct answer is as given above.
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use 3 different insurance company in canada and discribe its pros and cons on
life Insurance product
Answers
Whole, universal, and variable are the three primary categories of permanent life insurance.
Which life insurance policy is the most typical?Term life insurance is the sort of life insurance that is most popular. The most straightforward and cost-effective sort of life insurance is term. It offers protection for a set amount of time, or "term." Your beneficiaries will receive a death benefit if you pass away within the policy's term.
What is the term for insurance in Canada?concerning Medicare. Canada's publicly funded healthcare system is referred to as Medicare. There are 13 provincial and territorial health insurance plans, not a single federally regulated one.
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A popular marketing trend in today’s marketing would? A. Relationship marketing B. Market C.Break even point D.marketing
Answers
These are critical to understand when performing case analysis. They include: Break Even Analysis. Lifetime Value of the Customer.
Scenario: Hannah has started a handmade candle business as a side hustle to help her to build an income, she currently has the time to produce 20 candles per week. But she is unsure which distribution channel she should use. Which distribution channel do you recommend she uses and why?
Answers
Answer:
Personally, if I was just a small business I would go through convenience stores to allow customers to get a feel of the product and raise popularity. Then I would most likely move onto online services once the product has a name for itself
Explanation:
Since you are selling friendship bracelets online, the Internet service provider (ISP) is your agent.
True
False
Answers
Answer:
false
Explanation:
the internet service provider is a service for internet not an agency
Answer:
true on edgin
Explanation:
A clothing eCommerce comapny has an Average Order Value of $65. It costs the company $35 to produce the clothes in the average order and $15 to ship it to the customer. What is the Average Order's Gross Profit? * $65 $50 $30 $15
Previous question
Answers
The average order's gross profit for the ecommerce company is $15. The Option D is correct.
What is the calculation for the gross profit?To calculate the average order's gross profit, we will subtract the total cost of producing and shipping the clothes from the revenue generated by the order.
Revenue generated by the order is $65.
The total cost of producing and shipping the clothes is:
= $35 + $15
= $50.
The gross profit of the average order is:
= $65 - $50
= $15.
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In the context of the innovation matrix, which of the following decisions is designed to take company strengths into new markets?
a. Retroactive innovations
b. Core innovations
c. Transformational innovations
d. Adjacent innovations
Answers
The decisions are designed to take company strengths into new markets is Adjacent innovations. Thus the correct option is D.
What is an innovation matrix?A strategy technique called an innovation matrix can assist top managers in identifying and prioritizing possibilities for creative thinking within their firms and in formulating the best strategies to take advantage of those opportunities.
Using a company's advantages, adjacent innovation involves breaking into new markets and establishing relationships with new audiences. Also, the example provided, it emphasizes choices made to use a company's capabilities in untapped markets.
Therefore, option D is appropriate.
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Personal Impact Improvement Plan. Think about the tips for how to live an environmentally friendly life and set goals for your own improvement. Be specific and realistic for your life.
Answers
A Personal Impact Improvement Plan is a means of making small lifestyle changes to reduce one's impact on the environment. It is a series of simple lifestyle changes that can make a huge difference. An environmentally friendly lifestyle is beneficial for the environment, our health, and the economy.
Following are some tips for living an environmentally friendly life: Reducing water usage: Water is an essential natural resource. Conserving water saves money and energy while protecting the environment. This can be achieved by reducing shower times, using a low-flow showerhead, and fixing leaky taps. Reducing energy usage: The use of energy affects the environment, both locally and globally.
By conserving energy, we can save on our energy bills and reduce pollution. This can be achieved by using energy-efficient lighting, unplugging electronics when not in use, and reducing heating and cooling requirements.
Reducing plastic usage: Plastic waste is a significant problem for the environment. It takes a long time to decompose, and it is not biodegradable. This can be achieved by using reusable bags, bottles, and straws.
Reducing carbon emissions: Carbon dioxide is a greenhouse gas that contributes to climate change. This can be achieved by walking, cycling, or taking public transport instead of driving and reducing air travel.
Setting goals for your own improvement is essential. Specific, realistic, and achievable goals can be set to make lifestyle changes more manageable.
The goals should be tailored to the individual and their circumstances. For example, a person can aim to reduce their energy consumption by 10% by using energy-efficient lighting and unplugging electronics when not in use.
Another person can aim to reduce their water usage by fixing leaky taps and reducing shower times. It is important to remember that small changes can make a big difference, and everyone can do their part to help the environment.
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Fill in the blank with the correct response.
____ are STEM professionals who collect, analyze, and interpret data.
Answers
Answer:
to bad this isn't multiple choice
Explanation:
but it would only make sense if it were scientists. sorry if I'm wrong
From the collected data, the statistician makes use of statistical concepts to sift through large data sets, develop data interpretation and deduce relevant information from the data and present meaningful conclusion to the relevant bodies in fields such as education, manufacturing, marketing, government and healthcare.
From the collected data, the statistician makes use of statistical concepts to sift through large data sets, develop data interpretation and deduce relevant information from the data and present meaningful conclusion to the relevant bodies in fields such as education, manufacturing, marketing, government and healthcare.Biologists research, collect data and measurements, perform tests and experiments, and analyze and interpret their findings. These science professionals are required to have a bachelor's degree in biology for an entry-level position.
Please help 17pts will also give the crown
Imagine that you have a friend who is struggling financially and is trying to choose a credit counseling service. Visit the FTC website here http://www.consumer.ftc.gov/articles/0153-choosing-credit-counselor to learn about what questions to ask, and then make a list of at least four questions your friend should ask the credit counseling service. (3-6 sentences)
Answers
He should ask the credit counselling agency a number of questions, including: What are your fees and how are they determined, Do you have a licence to offer credit counselling services in my state.
Is the programme for reducing credit card debt legitimate?The good news is that the federal government does take precautions to safeguard you against cons, gives online debt management guidance at Coping with Debt, and offers resources to assist you in paying your obligations.
Exists a programme for forgiving credit card debt?If you're considering debt forgiveness, these credit card debt relief programmes might be a possibility for you, especially if you've encountered a financial setback like a job loss, a divorce, or significant medical bills.
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____ is the process of managing operations control, resource acquisition and purchasing, and inventory to improve overall efficiency and effectiveness. A) Supply-chain management B) Resource management C) Inventory management D) Quality control E) Productivity control
Answers
Answer:
A) Supply-chain management
Explanation:
Supply chain management is defined as set of activities aimed at transforming raw materials into.final product for the consumer.
A main focus of supply chain management is efficiency of supply side activities resulting in processes that are as economical as possible.
Activities such as operations control, product development, information systems, resource acquisition and purchasing, and inventory are under supply chain management
A) Supply-chain management is the process of managing operations control, resource acquisition, purchasing, and inventory to improve overall efficiency and effectiveness.
What are the supply-chain management activities?The supply-chain management activities involve the following:
Supply planningProduction planningInventory planningCapacity planningDistribution planning.Supply-chain management ensures that goods and services are produced, delivered, and stored until final consumption.
Thus, A) Supply-chain management is the process of managing operations control, resource acquisition, purchasing, and inventory to improve overall efficiency and effectiveness.
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Allied Merchandisers was organized on May 1. Macy Company is a major customer (buyer) of Allied (seller) products. May 3 Allied made its first and only purchase of inventory for the period on May 3 for 2,000 units at a price of $10 cash per unit (for a total cost of $20,000). May 5 Allied sold 1,500 of the units in inventory for $14 per unit (invoice total: $21,000) to Macy Company under credit terms 2/10, n/60. The goods cost Allied $15,000. May 7 Macy returns 125 units because they did not fit the customer’s needs (invoice amount: $1,750). Allied restores the units, which cost $1,250, to its inventory. May 8 Macy discovers that 200 units are scuffed but are still of use and, therefore, keeps the units. Allied gives a price reduction (allowance) and credits Macy's accounts receivable for $300 to compensate for the damage. May 15 Allied receives payment from Macy for the amount owed on the May 5 purchase; payment is net of returns, allowances, and any cash discount. Prepare the appropriate journal entries for Macy Company to record each of the May transactions. Macy is a retailer that uses the gross method and a perpetual inventory system; it purchases these units for resale. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Answers
78,250 will be the total of the journal entry that will be made of the Allied Merchandisers.
What is a journal entry?All budget management is documented in journal entries. Any trading performance that has an effect on the firm is a purchase, in the broadest sense.
3 May
Merchandise inventory $20,000
Cash $20,000
5 May
Accounts receivable – Macy Co. 21,000
Sales revenue 21,000
Cost of goods sold 15,000
Merchandise inventory 15,000
7 May
Sales return and allowance 1,750
Accounts receivable1,750
Merchandise inventory 1,250
Cost of goods sold 1,250
8 May
Sales return and allowance 300
Accounts receivable 300
15 May
Cash 18,571
Discount allowed 379
Accounts receivable 18,950
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The question is incomplete, Complete question is:
Allied Merchandisers was organized on May 1. Macy Co. is a major customer (buyer) of Allied (seller) products. Prepare journal entries to record the following transactions for Allied assuming it uses a perpetual inventory system and the gross method. (Allied estimates returns using an adjusting entry at each year-end.)
May 3 Allied made its first and only purchase of inventory for the period on May 3 for 2,000 units at a price of $10 cash per unit (for a total cost of $20,000).
5 Allied sold 1,500 of the units in inventory for $14 per unit (invoice total: $21,000) to Macy Co. under credit terms 2∕10, n∕60. The goods cost Allied $15,000.
7 Macy returns 125 units because they did not fit the customer’s needs (invoice amount: $1,750). Allied restores the units, which cost $1,250, to its inventory.
8 Macy discovers that 200 units are scuffed but are still of use and, therefore, keeps the units. Allied sends Macy a credit memorandum for $300 toward the original invoice amount to compensate for the damage.
15 Allied receives payment from Macy for the amount owed on the May 5 purchase; payment is net of returns, allowances, and any cash discount.
if u lose a coin where would u look first
Answers
Answer: wherever you had last been
The BRS Corporation makes collections on sales according to the following schedule:
25% in month of sale
71% in month following sale
4% in second month following sale
The following sales have been budgeted:
Sales
April $ 180,000
May $ 110,000
June $ 100,000
Budgeted cash collections in June would be
Answers
Answer:
$110,300
Explanation:
June collections will comprise of
25% of June sales
71% of May sales
4% of April sales
25% of June sales
=25/100 x 100,000
=$25,000
71% of may sales
=71/100 x $110,00
=$78,100
4% of April sales
=4/100 x $180,000
=$7,200
Total June collections
=$25,000 + $78,100 +$7,200
=$110,300
Which of these situations are more likely to happen in a GOOD economy?
A. Phyllis' Coffee, a new business, isn't able to innovate their
coffee making process because money is tight.
B. Carlos was able to finish a design bootcamp and
interview at many companies until he finds the job he likes
best.
C. Laila is settling for a job that she doesn't want but she
needs the money and there aren't any other options.
D. Thrills Park delays building the new roller coaster until
they can get a bank loan.
Answers
Answer:
I think
B. Carlos was able to finish a design bootcamp and
interview at many companies until he finds the job he likes
best.
You, a Captain, are a section chief in Military Personnel and 2d Lt Smith’s supervisor. Lt Smith is a Force Support Officer. She has been on active duty for a year and in her present job for 10 months. She supervises 21 enlisted personnel who perform a variety of administrative tasks in support of a tactical fighter wing. She majored in business administration in college, served 3 years as an administrative specialist, and was an E-4 before being accepted for OTS. As an enlisted member, she graduated from technical school as an honor graduate and was cited on numerous occasions for outstanding performance. Her supervisors considered her a valuable asset to the unit and an expert in her area of responsibility. She’s very enthusiastic about her work and plans to make the Air Force a career.
Lieutenant Smith took over her job 2 months after the unit had received a rating of “marginal” by the numbered Air Force Inspector General’s evaluation team. At the end of her first week on the job, Lt Smith called her NCOIC and key supervisors together and told them that she wouldn’t tolerate marginal performance, that she had previous experience in this type of work, and would be looking at the quality of their work very closely. Since that time, Lt Smith has attempted to supervise every phase of work in her office and, at times, has involved herself in even the most routine decisions. Lt Smith assigns people to certain jobs within the office, plans the work schedule, leave schedule, and does most of the counseling in the office.
In the last 6 months, Lt Smith has ordered several people to work overtime to complete routine work ahead of schedule. Each time this has happened, the NCOIC has asked the lieutenant for permission to speak to her immediate supervisor. On each occasion, the lieutenant has told the senior master sergeant he must not take these internal problems to you, because she’ll take care of any problems in her section--and the NCOIC should remember who writes his EPR.
Most of the time, when Lt Smith approaches the work or break area where the workers are congregated, she notices all conversation stops and the personnel won’t talk to her unless she addresses them first. After reviewing a report yesterday, Lt Smith became very impatient. She bypassed his NCOIC and took the report directly to the Airman who had typed it. While Lt Smith was berating the Airman about the typing errors, the NCOIC walked into the office and asked the Airman what the problem was. The lieutenant became flustered, told the NCOIC she was tired of doing his job for him, and shoved the report into his hands. Lt Smith then went into her office and slammed the door.
The NCOIC relayed this situation to you and asked for your help. How will you help? BACKGROUND
*ENVIRONMENT: Airforce Base
*PEOPLE INVOLVE: The Captain, Lt Smith, Airman and NCOIC.
PROBLEM DEFINATION
*Lt Smith Unprofessional Behavior
DIAGNOSIS
*Marginal Performance
*Previous Experience
*Enthusiastic With her Job
*Academic Credibility
Answers
The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.
Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.
As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.
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Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
Answers
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
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Dorian has started a cultural shift at his organisation in quality process. Which type of reaction will he most likely face in the early stages ?
Answers
The type of reaction will he most likely face in the early stages is rigid and reactive.
What is Organization?Organization refers to the group of people working together in order to achieve the organizational goals. The goal of every organization is to maximize the profits for which it takes various activities.
In the above scenario, Dorian has started a cultural organization in a quality process. The changes made in any of the organization are rigid at first place.
The employees of the Dorian organization will react to the changes made regarding culture of the organization. Later on everyone will be adaptive to the changes.
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A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 5.5%. The probability distributions of the risky funds are:
Expected Return Standard Deviation
Stock fund (S) 16% 34%
Bond fund (B) 10% 25%
The correlation between the fund returns is 0.11.
Required:
a. What would be the investment proportions of your portfolio if you were limited to only the stock and bond funds and the portfolio has to yield an expected return of 12%?
b. Calculate the standard deviation of the portfolio which yields an expected return of 12%.
Answers
Based on the probability distributions of the funds and the correlation, the following is true:
Investment proportions would be 33% Equity and 67% debt. Standard deviation would be 21.16%. What would be the Investment proportions?The expected return can be found as:
= (Return on stock x Weight of stock) + (Return on debt x Weight of debt)
As we already have the return as 12%, we can solve the formula for weights :
12% = (16% x Weight of equity ) + (10% x Weight of debt)
12% = (16% x W of equity ) + (10% x (1 - W of equity))
12% = 0.16W + 10% - 0.1W
2% = 0.06W
W = 2% / 0.06
= 33%
Equity is 33% so Debt is 67%.
What would be the standard deviation?= √(Weight of stock ² x Standard deviation of stock ² + Weight of debt ² x Standard deviation of debt² + 2 x standard deviation of stock x standard deviation of debt x Correlation x weight of stock x weight of debt )
= √(33%² x 34% ² + 67%² x 25%² + 2 x 34% x 25% x 0.11 x 0.33 x 0.67)
= 21.16%
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Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals.
a. Cash used for purchase of office supplies, $2,400.
b. Cash provided from consulting to customers, $50,600.
c. Cash used for purchase of mining equipment, $83,000.
d. Cash provided from long-term borrowing, $70,000.
e. Cash used for payment of employee salaries, $25,000.
f. Cash used for payment of office rent, $13,000.
g. Cash provided from sale of equipment purchased in c. above, $23,500.
h. Cash used to repay a portion of the long-term borrowing in d. above, $45,000.
i. Cash used to pay office utilities, $5,300.
j. Purchase of company vehicle, paying $11,000 cash.
Required:
Calculate cash flows from investing activities.
Answers
Answer: -$70,500
Explanation:
Cashflows from investing activities are those that are related to the acquisition or sale of fixed assets as well as transactions involving securities owned by other companies.
Cashflows from Investing Activities are:
Cash used for purchase of mining equipment -83,000
Cash provided from sale of equipment purchased in c. above +23,500
Purchase of company vehicle -11,000
Net Cashflow from Investing activities -$70,500
You are trying to explain to your friends the importance of using real GDP to measure economic health over time, but some of them still insist that nominal GDP is equally good. Use the data given below to show your friends the difference between real and nominal GDP.
Nominal GDP (millions of dollars)= $10,000
Price Level (GDP Deflector)= 92
Required:
What is real GDP given the nominal GDP and price level (GDP deflator)?
Answers
Answer: $10,869.57
Explanation:
The Nominal GDP is the total amount of final goods and services produced in a country within a period, usually a year. It is calculated using the current year's prices.
Real GDP adjusts the Nominal GDP for price changes by using the price level of a certain base year.
The GDP Deflator is the price level of the current year and can be useful in calculating how much the prices have risen or fallen from the prices of the base year.
The formula is;
(Nominal GDP/Real GDP)*100 = GDP Deflator
Making Real GDP the subject;
Real GDP = (Nominal GDP/GDP Deflator)*100
= (10,000/ 92) * 100
= $10,869.57
Review at least three different mental health and wellness job descriptions on a career website (e.g., CareerBuilder; Jobing) and compare and contrast the differences in skill sets needed to perform the job effectively
Answers
Answer:
Check Explanation.
Explanation:
So, the three different mental health and wellness job descriptions on a career website that we be selected here are; Clinical social worker, Psychiatrist, and mental health counselor.
(A). CLINICAL SOCIAL WORKER: their job description is to be able to diagnose and treat people with behavioural and mental disorder.
To be a Qualified Clinical social worker Master's degree is need that is to say master's degree in social work.
The Median Annual Salary of a Clinical social worker is about $60,000+.
(B). PSYCHIATRIST: Psychiatrists are professionals in mental health jobs and they treat patient with emotional disorders and mental disorder.
The Median Annual Salary of a Psychiatrist is greater than that of a clinical social worker and is about $200,000+ as of 2018.
(C). MENTAL HEALTH COUNSELOR: they are professionals that their main job description is to help people in order to make sure that their clients overcome their mental health disorder.
Here, master's degree is also required and their Median Annual Salary is about $40,000+ which is the lowest among the three professions mentioned here.
SKILLS SIMILARITIES: Clinical social worker, Psychiatrist, and mental health counselor all need to possess skills such as good listening skills, problem-solving skills and good communication skills.
SKILLS DIFFERENCES:
The difference in their skills is all in their training and certifications that is to say hard skills.
For instance; Psychiatrist need more of therapeutic skills which can be gotten from their four years degree and residency. They do not really need master's degree to start working effectively like Clinical social workers and mental health counselors.
choose the correct
1) The Financial System main function is to
a) Channeling funds from surplus units to deficit units
b) Transfer money from those who haven’t productive use of fund to other who have c) Derive the economy to efficiency
d) All of the above
2) The financial market consider to be
a) The indirect route to transfer funds from surplus to deficit units
b) The direct route to transfer funds from surplus to deficit units
c) Where the surplus units makes deposit
d) Where the deficit units takes loan
3) The balance sheet describe
a) The financial position of the company
b) The operation of the company
c) The sources of finance of the company
d) All of the above
4) In order to calculate the weighted average cost of capital, we obtain
a) Cost of debt
b) Cost of equity
c) Cost of both (debt and equity)
d) None of above
5) The income statement describe
a) The financial position of the company
b) The operation of the company
c) The sources of finance of the company
d) All of the above
6) If the ROA of a company is 17.5% , profit margin is 12.5% and ROE is 30% and the interest on deposits is 18%. It would be better for the investors to invest in: a) the company
b) the bank
c) divided the money into both
d) need more information
7) If the present value of cash flows greater than initial investment, so we shall
a) Accept the project
b) Reject the project
c) Need more information
d) None of the above
8) In the cash flow, it is better for the company to have from operating activity:
a) Positive cash flow
b) Negative Cash flow
c) It doesn’t differ
d) None of the above
9) The financial ratio that measure the management efficiency
a) Return on equity
b) The current ratio
c) The debt to equity
d) Return on Assets
10) The country risk premium will increase if
a) The economic position of the country stable
b) The economic position of the country unstable
c) From one year to another
d) If the political status become stable
11) The first step to obtain make budgeted financial statement
a) Determine expected distributed dividends
b) Determine expected purchase of raw material
c) Determine expected sales revenue
d) Determine expected organization structure
12) The breakeven point for a company reached when :
a) Revenue equal variable cost
b) Revenue equal fixed cost
c) Revenue equal total cost
d) Fixed cost equal variable cost
Answers
What tab should you choose to locate the spelling and grammar check tools?
Home
Layout
Review
View
Answers
Answer:
Review
Explanation:
The correct answer is - Review
Reason -
From the Review tab, click the Spelling & Grammar command.
The Spelling and Grammar pane will appear on the right.
Answer:
it is C
Explanation:
Classification of basic construction refers to:
a. Type of use
b. Type of basic frame, wall, floor, and roof construction
C. Quality of construction
d. All of the above
Answers
Answer:
b
Explanation:
Tom has a successful business with 100,000 of taxable income before the election to expense in 2021. He purchases one new asset in 2021 a new machine which is 7 year macro property and costs 25,000
Answers
Tom should elect to expense (Section 179). He gets a full write-off of the asset, Which can offset his tax burden.
What is Taxable Income?The basic income used to calculate taxes is known as taxable income. It may contain all or part of the revenue and is lessened by outgoings and other deductions. Depending on the country and its system, different amounts are included as income, costs, and other deductions.
Instead of capitalization and depreciating the item over time, company owners can receive an instant expenditure deduction under Section 179 of the U.S. Internal Revenue Code for purchases of depreciable business equipment. If the piece of equipment is acquired or financed and the entire purchase price qualifies for the deduction, the Section 179 deduction may be taken.
Therefore, Tom should elect to expense.
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Your question is incomplete, the complete question is;
Tom has a successful business with $100,000 of income in 2021. He purchases one new asset in 2021, a new machine which is 7 yr MACRS property and costs $25,000. If you are his tax advisor, how would you advise him to treat the purchase for tax purposes in 2021? Why?
If I paid 550 dollars every month how much did i pay in the past 7 years?
Answers
Hello!
1 month => 550
1 year = 12months => 550 x 12 =6600
7 year = 6600 x 7 = 46200
The answer is 46200
Which of the following could be an outcome of unexpected inflation?
Export goods decrease.
Foreign goods cost less.
Worker education increases.
Workers have more purchasing power.
Answers
Answer: A. Export goods decrease.
Explanation: There is a difference between anticipated and unanticipated inflation, which typical occurs because of an unexpected event such as a pandemic or natural disaster. Because of this unexpected event, there is an increase for the demand for goods and services locally beyond what the producers can make and export overseas.
For example, during the Covid-19 pandemic, there was an increased demand for toiletries such as tissues that would help with the symptoms of the virus and resulted in a cap of the amount of boxes a consumer could purchase. Companies not only had to increase production to meet the demands, but had to reduce their amount of product being exported.
"One of the best methods of developing an economy is to expand local
markets so that the local community has access to all the markets.'
Based on the statement above, explain what local govemment needs to do to
expand local markets,
(2/2) (4
Answers
Answer:
This kinda hard
Explanation:
I can’t do it
One of your team members is struggling with preparation of balance sheet and he needs your assistance in completing it. He has come up with following missing information. You are required to complete this Balance sheet.
Assets Liabilities & Equity
Cash $ 100,000 Current Liabilities
Receivables Long Term Debt
Inventory Total Debt
Plant Common Equity $ 600,000
Total Assets Total Claims
Additional Information:
Current Ratio is 2.5 ; Average Collection Period is 54 days ; Total Debt to Total Assets 40 percent ; Total Asset Turnover is 2 ; Inventory Turnover 5.
Answers
Answer:
Balance sheet
Cash $100,000 Current Liabilities $320,000
Receivables $300,000 Long Term Debt $80,000
Inventory $400,000 Total Debt $400,000
Plant $200,000 Common Equity $600,000
Total Assets $1,000,000 Total Claims $1,000,000
Explanation:
a) Total Debt to Total Assets 40 percent:
This means that Equity = 60% (100 - 40%)
If Equity is 60% = $600,000, total claims or assets will be equal to $600,000/60% = $1,000,000
Therefore, total debt = $400,000 (40% of $1,000,000)
b) Total Asset Turnover is 2:
If total assets = $1,000,000 and the total asset turnover is 2 or Turnover/Assets = 2, where total assets = $1,000,000,
Therefore, Turnover = $2,000,000 ($1,000,000 * 2)
c) Inventory Turnover is 5:
Inventory Turnover = Turnover/Inventory = 5
= $2,000,000/Inventory = 5
Inventory = $2,000,000/5 = $400,000
d) Average Collection Period is 54 days:
= Accounts Receivable/Sales x 365 = 54
Accounts Receivable = $2,000,000/365 * 54 = $296,000 or approximately $300,000
Current assets:
Cash = $100,000
Receivables $300,000
Inventory = $400,000
Total = $800,000
e) Current liabilities = Current assets/2.5
= $800,000/2.5
= $320,000
f) Plant = Total assets - current assets
= $1,000,000 - $800,000
= $200,000
g) Long term debt = Total debt - Current liabilities
= $400,000 - $320,000
= $80,000