Joe’s Quikmart has just installed a new software that automatically links the cash register to the inventory and general ledger files. This software is most likely:
a) A POS system.
b) An EDI system.
c) An e-commerce system.
d) A master file maintenance system.
Answers
The software that Joe’s Quikmart has just installed is most likely a POS (Point of Sale) system. Option a is correct.
A POS system is a software and hardware solution that helps businesses manage their sales process. A POS system is used to process payments and record transactions. They also help businesses to manage inventory and customer data. The integration of POS software into businesses can help them to streamline their sales processes and increase their revenue.
A POS system is responsible for several tasks, like processing payments, recording transactions, managing inventory, generating reports, and managing customer data.
Therefore, a is correct.
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Related Questions
outline 2 advantages to H&H of using secondary market research
Answers
Explanation:
It provides quick information and factual background perspectives
It is less expensive and affordable
The manager of East India Ice Cream Shop keeps track of the number of customers served at different periods of the day in an attempt to plan a schedule for workers that matches the demand for the restaurant's products. By using this tracking system, the manager of East India is utilizing ________ control.
Answers
Answer: Output
Explanation: The output control system refers to one of the organizational control systems which is employed by business strategist and establishment in tracking the progress, growth, flaws and ways whereby an organization can improve, provide better services and ultimately make more revenue. The output control system is focused on that aspect of a business offering which can be quantified, such that executives could analyze the feedback and thus use it as a guide to provide and improve on future projects or services. In the scenario above, data was studied to identify peak periods in other to schedule worker's shift so that the organization would not fall short of workers at the time which they are mostly required.
If Doria needs a short-term loan, what type of loan would you recommend she seek and from what type of financial institution? Justify your recommendation.
Answers
Explanation:
Short term loans are loans which are normally needed in order to take care of an emergency.
Doria can get short term loans from banks. To get this she has to be an already existing member of this bank.
She can also get from credit unions. Their rate of interest is usually smaller than the banks own and to access a loan she has to be an already existing customer of the union.
Also there are payday loans that she can lend from and pay back on her next pay day.
I would recommend borrowing from the credit union and the reason is simple, the interest rate is lower. So what she would be paying back in addition to her loan amount is going to be low.
Which document determines the number of shares in a company? a stock prospectus an annual bill of rights a corporate charter an annual report
Answers
Answer: Corporate charter
Explanation:
The corporate charter is also referred to as the articles of incorporation. It is a document that contains the major components that make up a company, like the objectives of the company, the structure of the company, the number of shares the company has for sale and the planned operations of the company.
When a corporate charter is approved by the state, then the company will become a legal corporation. The corporate charter also contains the names of the people that are involved in its formation.
Answer:
The answer is (c) coporate charter
Explanation:
Wabash Products uses a job costing system and applies overhead based on direct labor cost. Last year, manufacturing overhead was expected to be $2,829,000 and direct labor cost was estimated to be $1,150,000 (40,600 direct-labor hours). Actual manufacturing overhead amounted to $2,958,000 and direct labor cost was $1,250,000 (42,800 direct-labor hours). Wabash allocates an over- or underapplied overhead to the three accounts-Work-in-Process Inventory, Finished Goods Inventory, and Cost of Goods Sold-based on those account balances. At the end of the year, the total amount in the three accounts (Work-in-Process nventory, Finished Goods Inventory, and Cost of Goods Sold) was $5.90 million before any allocation. As a part of the process, you earn that Wabash allocated $102,960 to Cost of Goods Sold. Required: What will Wabash report as Cost of Goods Sold for the year? Cost of Goods Sold
Answers
Wabash Products will report $5.997 million as Cost of Goods Sold for the year.
To calculate the Cost of Goods Sold, we need to consider the actual manufacturing overhead and the allocated amount to Cost of Goods Sold.
First, let's calculate the predetermined overhead rate:
Predetermined Overhead Rate = Estimated Manufacturing Overhead / Estimated Direct Labor Cost
Predetermined Overhead Rate = $2,829,000 / $1,150,000 = 2.458
Next, we determine the applied manufacturing overhead using the predetermined overhead rate:
Applied Manufacturing Overhead = Predetermined Overhead Rate * Actual Direct Labor Cost
Applied Manufacturing Overhead = 2.458 * $1,250,000 = $3,072,500
Now, we can determine the over- or underapplied overhead:
Overapplied or Underapplied Overhead = Actual Manufacturing Overhead - Applied Manufacturing Overhead
Overapplied or Underapplied Overhead = $2,958,000 - $3,072,500 = -$114,500 (overapplied)
Since the overhead was overapplied, we need to deduct this amount from the initial total of the three accounts before allocation ($5.90 million):
Adjusted Total = Initial Total - Overapplied Overhead
Adjusted Total = $5.90 million - (-$114,500) = $6.0145 million
Now, we can determine the Cost of Goods Sold:
Cost of Goods Sold = Adjusted Total - Allocated Amount to Cost of Goods Sold
Cost of Goods Sold = $6.0145 million - $102,960 = $5.91154 million
Rounding the amount, Wabash will report $5.997 million as Cost of Goods Sold for the year.
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A company can act ethically toward employees and meet their expectations by A. improving their products over time and providing guarantees to customers about the integrity of their products. B. selling customers quality products at a fair price and providing good after-sales service. C. maximizing the stockholders' return on investments. D. creating an occupational structure that fairly and equitably rewards organization members for their contributions. E. implementing a high-power distance culture and discouraging decentralized decision making.
Answers
Answer:
D. creating an occupational structure that fairly and equitably rewards organization members for their contributions
Explanation:
When the company acts ethically for the employees and meeting their expectations so this could be possible when the organization structure is properly developed that represent contribution made by the members of the organization is quite fair and equitable and for the same the rewards is also provided so that they feels motivated
Hence, the option d is correct
swot can be seen as the link between organizational and operational strategy. (True or False)
Answers
SWOT analysis is a tool that helps organizations to align their organizational and operational strategies is True.
SWOT analysis stands for Strengths, Weaknesses, Opportunities, and Threats. The strengths and weaknesses refer to the internal factors of an organization, while opportunities and threats refer to the external factors.SWOT analysis provides valuable insights into an organization's strengths and weaknesses, which helps to identify areas of improvement and further development. These strengths and weaknesses, when considered in the context of opportunities and threats, enable organizations to develop a comprehensive understanding of the business environment.The organizational strategy of an organization outlines the long-term goals and objectives, whereas the operational strategy outlines the specific tactics and activities required to achieve these goals. SWOT analysis helps to bridge the gap between these two strategies by identifying the strengths and weaknesses of an organization, which can inform the development of operational strategies that address these issues.In conclusion, SWOT analysis is a powerful tool that enables organizations to identify their strengths, weaknesses, opportunities, and threats, which can then inform both the organizational and operational strategies of the business. Therefore, it is true that SWOT can be seen as the link between organizational and operational strategy.For more such question on SWOT analysis
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What are the externalities and government public policy and their effect on marginal revenue and marginal cost
Answers
Externalities are the unintended consequences of economic activity that affect parties outside of the transaction. There are two types of externalities, positive and negative. Positive externalities occur when a transaction benefits parties other than the buyer and seller. For example, when a homeowner plants a beautiful garden that improves the neighborhood's appearance, it creates a positive externality for the community. Negative externalities, on the other hand, are harmful effects that a transaction imposes on parties other than the buyer and seller. An example of negative externality is pollution from factories.
Government public policy aims to address externalities by encouraging positive externalities and discouraging negative ones. To encourage positive externalities, the government may subsidize activities such as education or research and development. To discourage negative externalities, the government may impose taxes, regulations, or fines.
In conclusion, externalities are important factors that affect marginal revenue and marginal cost, and government public policy can play a crucial role in addressing them.
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he dividends of a company are $1.00 today and are expected to grow at 20% per year for the next 2 years, they will be $1.44 at the end of year 2. if dividends will grow at 4% forever from year three on, what should the price of their stock be at the end of year 2 if investors require a 14% return?
Answers
The price of the stock should be $15.00 at the end of year 2 in the first scenario, and $25.00 if the expected dividend for the next year is $2.50 in the second scenario.
To calculate the price of the stock at the end of year 2, we can use the dividend discount model (DDM) which values a stock based on the present value of its future dividends.
For the first scenario:
The dividends are $1.00 today and are expected to grow at 20% per year for the next 2 years.
So, the dividends at the end of year 2 will be $1.00 * (1 + 0.20) * (1 + 0.20) = $1.44.
From year 3 onwards, the dividends are expected to grow at a constant rate of 4%. Using the constant growth formula, we can calculate the dividend expected at the end of year 2 as follows:
Dividend at the end of year 3 = Dividend at the end of year 2 * (1 + growth rate) = $1.44 * (1 + 0.04) = $1.4976 (rounded to $1.50).
To determine the price of the stock at the end of year 2, we can use the dividend discount model:
Price = Dividend at the end of year 2 / (Required return - Dividend growth rate)
Price = $1.50 / (0.14 - 0.04) = $1.50 / 0.10 = $15.00.
For the second scenario:
The dividend expected next year is $2.50, and the dividends are expected to grow at a constant rate of 4% per year indefinitely.
Using the dividend discount model:
Price = Dividend next year / (Required return - Dividend growth rate)
Price = $2.50 / (0.14 - 0.04) = $2.50 / 0.10 = $25.00.
Therefore, the price of the stock should be $15.00 at the end of year 2 in the first scenario, and $25.00 if the expected dividend for the next year is $2.50 in the second scenario. These calculations are based on the assumption that the dividends will continue to grow at a constant rate indefinitely and investors require a 14% return on their investment.
The question was incomplete, Find the full content below:
The dividends of a company are $1.00 today and are expected to grow at 20% per year for the next 2 years, they will be $1.44 at the end of year 2. if dividends will grow at 4% forever from year three on, what should the price of their stock be at the end of year 2 if investors require a 14% return?
Suppose a company expects dividends to be $2.50 next year. They forecast that dividends will grow at the rate of 4 % per year forever. If the required return for this stock is 14%, the price of the stock should be:
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How does the chain of command facilitate the operations of a large structured organization?
Answers
Answer:
The use if the direct chain of command affords delegation of authority in an easily understandable way, such that needed decisions on actions are more quickly taken to save costs due to delay and lack of cohesion.
Direct chain of command affords employees to work in areas they are proficient with which builds improved competence and skill within the workforce
The chain of command organizational structure is a logical delegation of authority which facilitates collaborative efforts with internal and external bodies
Explanation:
sectors, such as medicine and agriculture, that can benefit from the use of Drones
A Non-Profit Organisation (NPO) in Southern Africa is keen on exploring the use of ICT to support development in the villages. They have been informed by different individuals that Drones could offer them the necessary solutions to meet this need. The NPO is unsure as to where to start and how to go about using these Drones. Help the NPO by searching the Internet and find a solution.
Help the NPO by searching the Internet and find a solution.
In about 7 pages, submit a report that includes the following:
1. Identify one Sector where drone technology can be used (Title). N.B Choose medicine or Agriculture
2. Explain how the drone is used in the sector you have chosen (2 page)
3. Insert the relevant picture(s)of the selected Drone (2 page)
4. Describe the Type of drone that is selected (2 page):
i. HARDWARE AND SOFTWARE e.g. speed, camera quality, smart modes, flight time, range, difficulty, playfulness
5. Briefly discuss why you have suggested this Drone to the NPO (such as cost, safety, reliability etc.)
6. In your view, what is the future of Drone technology in society?
7. Reference the site(s) you have used. Apply APA referencing style
Answers
Title: The Use of Drones in Agriculture 1. One sector where drone technology can be used effectively is agriculture. Drones have the potential to revolutionize the way farming is done by providing valuable insights and assistance in various agricultural activities.
2. Drones are used in agriculture for a multitude of purposes, including crop monitoring, irrigation management, and pesticide application. For crop monitoring, drones equipped with high-resolution cameras can capture images of the fields, allowing farmers to analyze plant health, identify pests or diseases, and assess crop growth. This information helps farmers make informed decisions about fertilization, water management, and pest control. 3. [Insert relevant picture(s) of agricultural drones]
4. The selected type of drone for agriculture should have certain features to meet the specific requirements of farmers. These features include: - Speed: Drones should have adequate speed to efficiently cover large areas of farmland. 5. This specific drone is suggested to the NPO due to its cost-effectiveness, safety features, and reliability. 6. The future of drone technology in society looks promising. Drones have the potential to transform various sectors, including agriculture and medicine.
7. The following websites were used as references: - [Insert first website reference with APA style] [Insert second website reference with APA style] - [Insert third website reference with APA style] By utilizing drones in agriculture, the NPO can harness the power of technology to support development in the villages, improve farming practices, and ultimately contribute to the overall well-being of the community.
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Linda baer has saved 5,000 to buy a previously owned vehicle. ignoring taxes and assuming her money is invested in a flexible withdrawl cd earning 5% intrest compound annually, how long will it take to buy a car that costs 7,755?
Answers
It will take Linda approximately 3.51 years to save enough money to buy a car that costs $7,755, assuming her money is invested in a flexible withdrawal CD earning 5% interest compounded annually.
To determine how long it will take Linda to save enough money to buy a car that costs $7,755, you would need to use the following formula:
Number of years = (Amount needed / Annual savings) x (1 / Interest rate)
Plugging in the given values, we get:
Number of years = ($7,755 / $5,000) x (1 / 0.05) = 3.51 years
Therefore, it will take Linda approximately 3.51 years to save enough money to buy a car that costs $7,755
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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What will be the end result for the taxpayer who filed his federal income tax return.
Answers
If your federal gross income was $12,950 or more and you're under 65, you must submit a single status tax return. If your federal gross income was $14,700 or more and you are 65 years of age or older, you must file.
What is the status of federal filing?
Determines the tax rate applied to income. Head of household, married filing jointly, married filing separately, single, and qualified widow(er) with dependent child are the five filing statuses. A tax year is the 12-month period of time that a tax return covers. The tax year for people in the US is from January 1 to December 31 and includes taxes due on income earned during that time. The Where's My Return? feature is the easiest method to find out if you've received a tax refund. After receiving an e-filed return, taxpayers have 24 hours to start monitoring the status of their refund. After the return is processed and a refund is approved, the program also offers a customized refund date.
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One of the basic ways in which services differ from products is that production and consumption are ______ from each other. Consequently, service providers often include options for the customer to become more involved in the production of the service, which usually results in greater customer satisfaction.Multiple choice question.infinite
intangible
perishable
inseparable
Answers
One of the basic ways in which services differ from products is that production and consumption are inseparable from each other. Consequently, service providers often include options for the customer to become more involved in the production of the service, which usually results in greater customer satisfaction.
Inseparability is a characteristic of services that means that production and consumption cannot be separated from one another. The production of a service occurs at the same time as its consumption by the customer.
Unlike products, which can be manufactured and stored until they are purchased, services are created and used in real-time, meaning that their production and delivery happen at the same time.
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What are three things I can do now to start building my work experience?
Answers
will give brainliest
Answers
Which statement describes the effect of taxes on a traditional 401(k) retirement account?
A.
A traditional 401(k) is tax exempt because the income earned isn't taxed until the money is withdrawn.
B.
A traditional 401(k) is a taxable account because the income earned is taxed when it is contributed.
C.
A traditional 401(k) is tax deferred because the income earned isn't taxed until the money is withdrawn.
D.
A traditional 401(k) is tax exempt because the income earned is never taxed.
Answers
Answer:
C.
A traditional 401(k) is tax deferred because the income earned isn't taxed until the money is withdrawn.
Explanation:
There are two types of 401 k plans: traditional 401k and Roth 401k plans. The difference is the way there are taxed.
The traditional 401k plan is an employer-sponsored retirement scheme. The employer withholds the employee contributions and remits the funds to the employee's 401k savings account. The amount deducted as the employee contribution is not subject to taxation at that point. Contributions to 401k plans reduce the employee's taxable income.
The amounts saved in a 401k plan are invested and generate income. Employees are not expected to pay taxes on the income generated every financial period. All taxes are deferred until the time of withdrawal.
Answer:
C. A traditional 401(k) is tax deferred because the income earned isn’t taxed until the money is withdrawn.
Explanation:
PLATO
What detail most clearly develops the central idea in the first question you answered?
Group of answer choices
"Plasmodium’s ancestors probably rubbed shoulders with the eggs and larvae of mosquitoes, similarly floating on sun-dappled waters.” (paragraph 7)
“And yet, despite the millennia-long battles between us, malaria still manages to infect at least three hundred million of us— . . . and kills nearly one million, year after year.” (paragraph 2)
"The survivors learned how to withstand the diseases’ ravages, though, and in time both measles and smallpox settled into being unremarkable childhood illnesses. . . .” (paragraph 1)
“The rest of us all do our obscure little part in the drama of life, weaving ourselves deeper into local ecology. . . .” (paragraph 4)
braiiest
Answers
The detail that most clearly develops the central idea in the first question is “And yet, despite the millennia-long battles between us, malaria still manages to infect at least three hundred million of us— . . . and kills nearly one million, year after year.” (paragraph 2).
What can be said of the Malaria pathogen?The first question has the central idea that the malaria pathogen has not become less deadly over the centuries.
This is proven by the fact that even though humanity has fought the malaria pathogen for thousands of years, it still infects millions every year and leads to the death of almost of million people.
This means that the pathogen is still very strong and has not grown to be less deadly like measles and smallpox.
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Suppose Country A has a real GDP per capita of $18,000 and Country B has a real GDP per capita of $24,000. Which country has a higher standard of living?
Answers
Based solely on the given information, Country B with a real GDP per capita of $24,000 has a higher standard of living compared to Country A with $18,000.
What is real GDP per capita?Real GDP per capita is a measure that indicates the average economic output per person in a country, adjusted for inflation. It provides an estimate of the standard of living within a country, although it doesn't capture all aspects of quality of life.
A higher real GDP per capita generally suggests that a country has a greater economic output per person, which can be associated with higher income levels, better access to goods and services, and potentially a higher standard of living. However, it is important to consider that real GDP per capita alone does not provide a complete picture of a country's standard of living, as it doesn't account for factors such as income distribution, access to essential services, social indicators, or quality of life factors like healthcare, education, and infrastructure.
Therefore, while Country B has a higher real GDP per capita, further analysis beyond this economic measure is necessary to make a comprehensive assessment of the overall standard of living in each country.
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12. The type of line used to make a hairstyle appear longer and narrower is a(n):
a. open line
c. contrasting line
b. vertical line
d. curved line
Answers
Answer:
Vertical lines
Explanation:
In simple words, In hair fashion, vertical lines establish length and height. When the eye traces the lines up and down, they render a hairstyle look longer and narrower . Along the horizontal as well as vertical sides, diagonal rows are placed. They are also utilized to highlight facial expressions or diminish them.
Thus, from the above we can conclude that the correct option is A.
Why is choosing an appropriate mortgage potentially even more important than choosing an appropriate auto loan?
Answers
The statement was the explain are appropriate mortgage potentially is the Annual Percentage Rate (APR) are the important to the appropriate auto loan is the monthly, and the short terms fees.
What is mortgage?A mortgage is an arrangement that grants the right to seize property between a borrower and a lender. Interest is added to any borrowed money that is not repaid by the borrower. There are various types of mortgage are adjustable-rate mortgages, government-insured mortgages, conventional mortgages, and jumbo mortgages.
Annual Percentage Rates (APR) are potentially used in a suitable mortgage is the interest rate and the loan period it was not the monetary compensation. Because of the low rate, the additional fees will have little effect on the overall cost of the car. A suitable vehicle loan is determined by the loan balance, fees and charges, and the concluding remarks.
As a result, the appropriate mortgage potentially is the Annual Percentage Rate (APR) are the long term to the appropriate auto loan is the monthly, and the short terms fees.
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marshall hopes to earn $700 in interest in 2.2 years time from $14,000 that he has available to invest. to decide if it's feasible to do this by investing in an account that compounds quarterly, he needs to determine the annual interest rate such an account would have to offer for him to meet his goal. what would the annual rate of interest have to be? round to two decimal places.
Answers
The annual rate of interest for Marshall to meet his goal is 2.2%.
How to calculate the annual rate of interestIt's important to note that the formula for the compound interest will be:
Final value = P(1 + r/n)^nt
where,
P is the initial value
r is the rate of interest
n is the number of times interest compounding annually
t is the time period
We have given,
initial value = $ 14000
final value = $ 14000 + 700 = $ 14700
t = 2.2 years
n = 4 because interest is compounding quarterly that is 4 times in a year.
We need to find the interest rate and this will be:
Final value = P(1 + r/n)^nt
14700 = 14000(1 + r/4)^(4 × 2.2)
Dividing through by 14000
1.05 = (1 + r/4)^8.8
Solving for r is 2.22%
Therefore, the interest rate is 2.2%.
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Why would an entrepreneur be best suited to opening a new business, rather than buying an existing business or franchise?
Answers
Answer:
For example, it's really easy to finance while buying in an existing business while starting a new one. In Addition tons of bankers and investors all around the world would feel more comfortable dealing with a business that already has had a proven track record.
Explanation:
Your withholdings selections allow you to choose how much money your employer takes out of your paycheck for income taxes. example
Answers
There are several factors that can impact your withholding selections, including your filing status, number of dependents, and other sources of income. To help you determine the right amount to withhold, the IRS provides a withholding calculator on their website.
It's important to note that while choosing to withhold more money can mean a larger refund at tax time, it also means you'll have less in your paycheck each pay period. On the other hand, choosing to withhold less can result in a bigger paycheck throughout the year, but may mean you owe taxes when you file your return. It's important to find the balance that works best for your financial situation.
the magnitude of operating leverage for perkins corporation is 4.5 when sales are $100,000. if sales increase to $110,000, profits would be expected to increase by what percent? a. 4.5% b.14.5% c.45% d.10%
Answers
It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).
What is Operating Leverage?The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.
Magnitude of operating leverage= 4.5
Old sales= $100000
New sales= $110000
Percentage increase in sales:
(New-old)/old = (110,000-100,000)/100,000
= 10%
Consequently, a percentage rise in profit might be anticipated:
sales percentage growth times the degree of operational leverage
= 10% * 4.5
= 45%
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What is the first step in amending the Texas Constitution?
Answers
Answer:
The answer is below
Explanation:
According to Article 17 of the Texas Constitution which is otherwise known as "Mode of Amending the Constitution of This State"
The first step in amending the Texas Constitution is that the Texas State Legislature must make a proposition of the amendment in a joint resolution, involving both the Texas State Senate and the Texas House of Representatives. This joint resolution, however, can emerge in either the House or the Senate.
What is a major function of the public sector
Answers
Answer:
Public sector provides many services such as; education, health and social care.
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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The production possibilities curve below shows the hypothetical relationship between the production of guns (national defense) and butter (social goods) in an economy. Combination Guns Butter A 0 8 B 20 6 C 60 4 D 80 2 E 100 0
Answers
The Respective solution are
First butter has an opportunity cost of 8 guns.The entire potential cost of one butter is eight firearms.4 units of butter have an opportunity cost of 14 guns.4Butter=44Guns's total opportunity costYes, it is possible.This is further explained below.
What is marginal opportunity cost.?Generally, The amount of extra units of one product that must be given up in exchange for an additional unit of another good is the marginal opportunity cost.
If we double the amount of butter that is produced, the number of firearms that are manufactured will drop from 44 to 36. As a result, the opportunity cost of the first butter is eight guns.
The total potential cost of one stick of butter is eight firearms
The opportunity cost of the fourth unit of butter is equal to fourteen Guns
The total potential cost of four butter is equal to forty-four guns
Yes, it is possible since, at point C, two sticks of butter and twenty-six firearms may be manufactured.
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CQ
The production possibilities curve below shows the hypothetical relationship between the production of guns (national defense) and butter (social goods) in an economy.
Combination Guns Butter
A 0 4
B 14 3
C 26 2
D 36 1
E 44 0
Instructions: Enter values as whole numbers.
a) What is the marginal opportunity cost of producing the first unit of butter?
______
units of guns
b) What is the total opportunity cost of producing the first unit of butter?
______
units of guns
c) What is the marginal opportunity cost of producing the fourth unit of butter?
________
units of guns.
d) What is the total opportunity cost of producing the fourth unit of butter?
________
units of guns.
e) Is 15 units of guns and 2 units of butter attainable or unattainable, given these production possibilities?