mia owns and operates a store in a country experiencing a high rate of inflation. in order to prevent the value of money in her cash register from falling too quickly, mia sends an employee to the bank four times per day to make deposits in an interest-bearing account that protects the store's revenues from the effects of inflation. this is an example of the of inflation.
Answers
This shows how much leather for shoes costs.
The real value of cash balances or the purchasing power of money decreases as a result of inflation in an economy. The purchasing power deduction should be reduced in some way to avoid this. The expense of the time and effort put into these endeavors is referred to as "shoe-leather costs."
In the given situation, going to the bank consistently to store cash brings about specific costs known as shoe-cowhide costs.
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Shoe-Leather Costs mia owns and operates a store in a country experiencing a high rate of inflation. in order to prevent the value of money in her cash register from falling too quickly,
mia sends an employee to the bank four times per day to make deposits in an interest-bearing account that protects the store's revenues from the effects of inflation. this is an example of the of inflation. In a metaphor, the c shoe leather cost refers to the opportunity costs of time and effort that people incur when they store less currency in order to lower the inflation tax that they must pay on their cash holdings during periods of high inflation. These expenses include the extra trips to the bank, the inability to get change, and the inability to make unforeseen expenditures. The word refers to the historical reality that going to the bank to withdraw money and spend it required more walking,
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Related Questions
Use the following quote to answer the question.
"The power to propose the revision or amendment of any portion or portions of this constitution by initiative is reserved to the people, provided that, any such revision or amendment, except for those limiting the power of government to raise revenue, shall embrace but one subject and matter directly connected therewith."
The quote above is from the
Answers
Answer:
The Florida Constitution Article XI: Section 3
Explanation:
The above article is an extract from the Florida Constitution Article XI: Section 3. It extends the power to amend any sections of the constitution to the people except for limiting the government's power to raise revenue.
Answer: this quote is from the Florida constitution
Explanation:
hope this helps
Kevin and Maria are farmers. Each one owns a 10-acre plot of
land. The following table shows the amount of corn and rye each
farmer can produce per year on a given acre. Each farmer chooses
whether to
Answers
The production choices of farmers Kevin and Maria, with 10-acre plots of land, depend on their individual production capabilities and comparative advantages in producing corn and rye.
Kevin and Maria's production capabilities for corn and rye per acre are not provided in the question, so it is not possible to generate a detailed answer without this information. However, we can analyze their production choices based on comparative advantage.
Comparative advantage refers to the ability of an individual or country to produce a particular good or service at a lower opportunity cost compared to others. In this case, if Kevin has a comparative advantage in producing corn, he would allocate more of his land to corn production. Similarly, if Maria has a comparative advantage in producing rye, she would allocate more of her land to rye production.
The specific production choices of Kevin and Maria would depend on their individual production capabilities, opportunity costs, market conditions, and their preferences for corn and rye.
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Gamegirl Inc., has the following transactions during August. August 6 Sold 56 handheld game devices for $130 each to DS Unlimited on account, terms 1/10, net 60. The cost of the 56 game devices sold, was $110 each. August 10 DS Unlimited returned six game devices purchased on 6th August since they were defective. August 14 Received full amount due from DS Unlimited. Required: Prepare the transactions for GameGirl, Inc., assuming the company uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) X Answer is not complete. No Date General journal Debit Credit 1 August 06 7,280 Inventory Accounts Payable х 7,280 N August 06 Inventory x 7,280 x Accounts Payable 7,280 3 August 10 Accounts Payable x 780 Purchase Returns 780 4 August 14 Accounts Payable 6,500 X Cash 6,435 X Inventory х 65 x
Answers
Gamegirl Inc. recorded sales of 56 handheld game devices to DS Unlimited on account. DS Unlimited returned six defective devices, and Gamegirl Inc. received full payment. The transactions were recorded using a perpetual inventory system.
In the given transactions, Gamegirl Inc. uses a perpetual inventory system, which means that inventory is continuously updated with every sale and purchase.
No Date General Journal Debit Credit
1 August 6 Accounts Receivable $7,280
Sales Revenue $7,280
Cost of Goods Sold $6,160
Inventory $6,160
2 August 10 Purchase Returns $780
Accounts Payable $780
3 August 14 Accounts Receivable $6,500
Cash $6,500
Cost of Goods Sold $390
Inventory $390
These journal entries capture the impact of each transaction on the relevant accounts, ensuring accurate record-keeping and financial reporting.
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Discuss two accounting principles that are, in
your opinion, the most important and form the
foundation of modern-day accounting. Explain
the reasons for your choices.
Answers
Answer:
Revenue Principle and Cost Principle
Explanation:
Revenue principle defines a point in time when bookkeepers may record a transaction as revenue on the books. This principle states that revenue for the business is earned and recorded at the point of sale.
Cost Principle states that you should use the historical cost of an item in the books, not the resell cost.
Answer:
Matching principle because it is an accounting principle for recording revenues and expenses. It requires that a business records expenses alongside revenues earned.
Disclosure principle because increased transparency in the corporations' operations and management makes it easier for investors to make informed decisions. It also cuts down on the possibility of manipulation or misuse of investors' funds.
positive unplanned inventory investment leads to: question 3 options: prices increasing. production increasing. firms hiring more workers. production decreasing.
Answers
According to the question the positive unplanned inventory investment leads to production decreasing.
Investment is the act of allocating resources such as money, time, or effort with the expectation of generating some sort of future benefit. In finance, investment is the purchase of an asset or item with the hope that it will generate income or appreciate in value over time, enabling the investor to earn a positive return on their investment.
Unplanned inventory investment occurs when a company has more inventory than it intended to have due to factors such as overproduction or lower than expected sales. This can be positive if it leads to an increase in sales and profits in the future. However, if the company is unable to sell the excess inventory, it can lead to a decrease in production as the company tries to reduce its inventory levels. This can result in a decrease in hiring and ultimately a decrease in production. Therefore, the answer to the question is production decreasing.
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According to the OOH, what educational, training, certification, or licensing requirements do Physicians and Surgeons need? Check all that apply.
medical school
volunteer work
internship and residency program
a public-speaking certification
license
Answers
Answer:
There are actually 3 answers to this question.
A. medical work
C. internship and residency program
E. license
Hope this helps :)
Explanation:
The U.S. Bureau of Labor Statistics, the educational, training, certification, or licensing requirements for Physicians and Surgeons include:
Medical school:
Internship and residency program
License
The correct options are A, C, and E.
What is the difference between being a licensed and certified PA?Even while some jurisdictions define certification as having governmental authorization to perform a profession, the distinction between licensing and certification really only refers to the difference between governmental regulation and self-regulation of a field.
Physicians and Surgeons typically need a Doctor of Medicine (M.D.) or Doctor of Osteopathic Medicine (D.O.) degree from an accredited medical school. After completing medical school, physicians and surgeons typically complete an internship and residency program that lasts 3 to 7 years, depending on the specialty.
Physicians and Surgeons must be licensed in the state where they practice medicine. To obtain a license, they must pass a state-specific exam and meet other requirements, such as completing continuing education courses.
Thus, the ideal selections are options A, C, and E.
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a) Discuss the 3 parameters used in measuring the quantity of money b) A small town producing only Rice and Fanta, sells 30 bags of rice and 70 bottles of Fanta in a given time period. A bag of rice costs 6000 Naira while a bottle of Fanta costs 200 Naira. i) Calculate the total naira exchanged in that time period
Answers
a) Discuss the 3 parameters used in measuring the quantity of money Money supply refers to the amount of money available in an economy at a given time. It is essential to regulate the money supply to ensure stability and growth. Three parameters used to measure the quantity of money are as follows:
1. M0 - It refers to the physical currency in circulation in an economy, including the currency in commercial banks and the central bank. It is also called the narrowest definition of money supply.2. M1 - It is the broader definition of money supply than M0.
M1 includes physical currency in circulation, demand deposits, and other deposits that can be easily converted into cash.3. M2 - M2 is the broadest measure of money supply and includes all components of M1 plus time deposits, savings deposits, and other deposits that have a maturity of less than two years. M2 provides a comprehensive view of the money supply in the economy.
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In a bolt-manufacturing factory, it is estimated that 6% of the bolts being manufactured will be defective, with a 3% margin of error. Choose the statement that correctly describes the confidence interval.
Answers
The statement D. The percentage of defective bolts is between 3% and 9% is correct. A confidence interval is a range of values that is likely to contain the true population parameter with a certain level of confidence.
In this case, the population parameter is the percentage of defective bolts in the factory. The estimate for this parameter is 6%, and the margin of error is 3%. The margin of error is a measure of the uncertainty of the estimate. It represents the range of values within which the true population parameter is likely to fall. A common practice is to use a 95% confidence level, which means that if the same sampling process were repeated many times, the interval would contain the true population parameter 95% of the time.
So, a 95% confidence interval for the percentage of defective bolts would be (6-3)% to (6+3)% = 3% to 9%.
The complete question is:
In a bolt-manufacturing factory, it is estimated that 6% of the bolts being manufactured will be defective, with a 3% margin of error. Choose the statement that correctly describes the confidence interval.
A. The percentage of defective bolts is 6% or more.
B. The percentage of defective bolts is 6% or less.
C. The percentage of defective bolts is between 3% and 6%.
D. The percentage of defective bolts is between 3% and 9%.
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Julie Martin bought stock for $3,000, using $2,000 of her own money and $1,000 borrowed from the broker. One month later, the stock is sold for $3,850. Interest owed to the broker is $15; brokerage commissions to buy and sell the stock totaled $150. Rates of return: %
Answers
Answer:
The Rates of return = 22.83%
Explanation:
The stock that is bought by Julie Martin = $3000
Own money used to buy = $2000
Borrowed money =$1000
Interest on borrowed money = $15
Brokerage commissions = $150
The stock is sold after one month = $3850
Now first calculate the net profit = Selling price of stock – cost price of stock – Interest on borrowing – commission
= 3850 – 3000 – 15 – 150
= 685
Now calculate the rate of return = Net profit / cost of stock
= 685 / 3000
= 0.2283 or 22.83 percent.
Answer:
21.64%
Explanation:
First you would want to take the total cost of buying the stock and add it up.
1000+2000+15+150=3165
After this you would take the price at which it was sold ($3850) and subtract 3165 from it.
3850-3165=685
$685 is the total profit.
Finally you would take the total profit and divide it by the total cost.
685/3165=0.2164297
This gives you the final Rates of Return of 21.64%
This question will compare the policies of the federal government and the Federal Reserve and their likely effects on interest rates, exchange rates, output, and the trade balance during the mid- to late 1970 s. a. President Lyndon Johnson and Congress passed large increases in government spending to finance Great Society programs and the Vietnam War. Explain briefly how such spending affects the trade balance. ( 1 point) b. Beginning in the mid-1970s, Federal Reserve chairman Arthur Burns sought to lower unemployment below its full employment level by decreasing interest rates. Does this require a monetary expansion or a contraction? (1 point) c. Illustrate the effects of the fiscal and monetary policies mentioned previously using the IS-LM-FX market diagram. [Note the change in interest rates observed in (b).] (1.5 point) d. State the effects of these policies on the following variables: output, interest rate, nominal exchange rate, consumption, investment, and the trade balance. ( 0.5 point) Reserve and their likely effects on interest rates, exchange rates, output, and the trade balance during the mid- to late 1970 s. a. President Lyndon Johnson and Congress passed large increases in government spending to finance Great Society programs and the Vietnam War. Explain briefly how such spending affects the trade balance. ( 1 point) b. Beginning in the mid-1970s, Federal Reserve chairman Arthur Burns sought to lower unemployment below its full employment level by decreasing interest rates. Does this require a monetary expansion or a contraction? ( 1 point) c. Illustrate the effects of the fiscal and monetary policies mentioned previously using the IS-LM-FX market diagram. [Note the change in interest rates observed in (b).] (1.5 point) d. State the effects of these policies on the following variables: output, interest rate, nominal exchange rate, consumption, investment, and the trade balance. (0.5 point) Reserve and their likely effects on interest rates, exchange rates, output, and the trade balance during the mid- to late 1970 s. a. President Lyndon Johnson and Congress passed large increases in government spending to finance Great Society programs and the Vietnam War. Explain briefly how such spending affects the trade balance. (1 point) b. Beginning in the mid-1970s, Federal Reserve chairman Arthur Burns sought to lower unemployment below its full employment level by decreasing interest rates. Does this require a monetary expansion or a contraction? (1 point) c. Illustrate the effects of the fiscal and monetary policies mentioned previously using the IS-LM-FX market diagram. [Note the change in interest rates observed in (b).] (1.5 point) d. State the effects of these policies on the following variables: output, interest rate, nominal exchange rate, consumption, investment, and the trade balance. ( 0.5 point)
Answers
(a) spending affects the trade balance by increasing the demand for goods and services
(b) Arthur Burns aimed to lower unemployment below its full employment level by decreasing interest rates
During the mid- to late 1970s, the policies of the federal government and the Federal Reserve had significant effects on various economic variables. Firstly, President Lyndon Johnson and Congress implemented large increases in government spending to finance Great Society programs and the Vietnam War. Such spending affects the trade balance by increasing the demand for goods and services, including imports. As a result, the trade deficit tends to widen because the increased spending leads to a higher level of imports, while the exports may not increase proportionally.
Secondly, in the mid-1970s, Federal Reserve chairman Arthur Burns aimed to lower unemployment below its full employment level by decreasing interest ratesratesratesratesratesratesratesrates. This requires a monetary expansion. By reducing interest rates, the Federal Reserve makes borrowing more attractive, encouraging individuals and businesses to take out loans for investment and consumption purposes. This increase in borrowing and spending stimulates economic activity and helps to lower unemployment.
To illustrate the effects of these fiscal and monetary policies, the IS-LM-FX market diagram can be used. In the diagram, the decrease in interest rates resulting from the monetary policy of the Federal Reserve would shift the LM curve to the right, indicating an expansionary monetary policy. Simultaneously, the increase in government spending would shift the IS curve to the right, representing an expansionary fiscal policy. The intersection of the two curves indicates the equilibrium level of output and interest rate in the economy.
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Somebody help I'll give 30 points
Answers
Answer:
1. Salesforce helps their people feel good by giving back to the community. They also offer great challenges and rewards, and have open communication culture.
2. Cisco offers good benefits that focus on family and enabling people to combine parenthood with their jobs. It’s also a great place to learn and develop professionally.
3. Admiral allows people to give back to the community through charity. They have built a strong sense of belonging and believe in the importance of having fun so people bring their best to work.
Explanation:
Answer:
Happy meal wih a mcdoobale
Explanation:
MacDonald's Farm, Green Acres, and Mickey's Farm sell wheat in a pure-competition environment which means that no
business sells endugh of the product to influence the price.
O true
O false
Answers
Different sellers of wheat like MacDonald's farm and Mickey's Farm where they do not have an influence on the price marks the existence of pure competition in the economy.
What is pure competition?Pure competition refers to a market where there is free entry and exit of buyers and sellers in the market selling exactly the same product with, no buyer or seller can influence the price.
Hence, if there is a pure competition in the wheat market, none from the aforementioned sellers would be able to sell enough so that they can influence the price.
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for which person would renting a home be a better option than getting a mortgage?
Answers
Answer:
Someone who wants ro avoid spending time and money on maintenace
Explanation:
Mean is also known as which of the following?
Average
Most
Middle
Area
Answers
Answer:
its the average
Explanation:
you add up all the numbers than divide them to find the average
If real GDP doubles in 12 years, its average annual growth rate is approximately: O 5%. 4%. 6%. O 3%.
Answers
The answer is 6%, as this is the closest option to the calculated rate of 5.9%. The correct option is thus "6%"To calculate the average annual growth rate of real GDP, we can use the formula:
Average annual growth rate = ((Ending value / Beginning value) ^ (1 / number of years)) - 1
If real GDP doubles in 12 years, then the ending value is twice the beginning value. So, using the above formula:
Average annual growth rate = ((2/1) ^ (1/12)) - 1
This simplifies to:
Average annual growth rate = 0.059 = 5.9%
Therefore, the answer is 6%, as this is the closest option to the calculated rate of 5.9%. The correct option is thus "6%".
This indicates that real GDP is growing at an average annual rate of 6% over the 12-year period. This is a strong growth rate, as it means that the economy is expanding rapidly and generating more goods and services each year.
However, it is important to note that GDP growth can vary from year to year and can be influenced by a range of factors such as government policies, business cycles, and global economic conditions.
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Analyse why the social benefit of education exceed the private benefit
Answers
Answer:
dddddddddddd
Explanation:
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxs
1. Your friend asks to borrow $50 and offers to pay you back with interest. What factors
would you consider in your decision to accept or decline their request?
Answers
The factors that you have to think about would before giving out the loan would be the following:
The loan periodThe ability to pay back the loanThe interest that is on the loanHow the money is to be returned.What is a loan?This is the term that is used to refer to an amount of money that would be given to a person that is the borrower by the lender for a period pf time and for them to pay back with interest.
To be able to determine if you are to give out a loan, you have to take the ability of the person to pay you back the amount as a fator.
Also you have to check the character of the person that you are to loan the money to.
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On March 25, 2014, Patton Company sold merchandise on account,$10,000. The applicable sales tax percentage is 8.5%. Record the transaction.
Answers
Answer:
Kindly see attached picture
Explanation:
Sales tax percentage= 8.5%
Sales = 10,000
Sales tax payable = 0.085 × 10000 = 850
Accounts payable = 10000 + 850 = 10850
Kindly see attached picture for journal entry
A business plan is a detailed written statement that describes the nature of the business, the target market, the advantages the business will have in relation to competition and the resources and qualifications of the owner(s). Select one: O True O False Points out of 2 P Flag question Which of the following is a reason that many people decide to take the risk of becoming an entrepreneur? Select one: O Challenge O Opportunity O Independence. O All of the responses are correct A is the group ultimately responsible for the business. Select one: O Investment bank consortium O Group of C-level directors O Board of directors Angel board 3 Which of the following is an advantage of a sole proprietorship? Select one: O You retain all of the profit O You get to be your own boss Ot is easy to get out of business O All of the responses are correct Establishing and enforcing ethical standards and policies within business can help reduce unethical behavior by prescribing which activities are acceptable and which are not and by removing the opportunity to act unethically. Select one: True O False Codes of ethics are formalized rules and standards that describe what then company expects of its employees. Select one: O True O False The concept of social responsibility is universally accepted. Select one: O True O False Philanthropic contributions made by a business to a charitable organization represent which dimension of social responsibility? Select one: O Corporate citizenship O Legal O Voluntary O Economic Consumers vote against firms they view as socially irresponsible by not Select one: O filing complaints with the company. O writing their representatives in Congress. O expressing dissatisfaction by protesting. O boycotting the company's products. O buying the company's products. in Studies have found a direct link between social responsibility and business Select one: O Profitability. O Global warming. O Ethics. O Happiness of stakeholders, O Declining stock prices.
Answers
A business plan is a written statement that details the nature of a business, its target market, advantages over competitors, and resources and qualifications of its owner(s) (s).
Many people become entrepreneurs because they crave the challenge, opportunity, and independence that comes with establishing and operating a firm. The board of directors or an angel board, as opposed to an association of C-level executives or an investment bank consortium, is often the group in charge of a company. Sole proprietorships give the advantage of retaining all earnings, being your own boss, and ease of withdrawal from the firm. Ethical norms and rules can limit unethical conduct by prescribing permissible activities and reducing chances for unethical activity.
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Which of the following is an advantage of a sole proprietorship: retaining all of the profit, being your own boss, ease of getting out of business, or all of the responses are correct?
Why is account management important in the vegetable farming ? give reason .
Answers
Answer:
Money
Explanation:
The expected result of farming would be to make money, account management would help the most in making money. With account management, you can see how well your farm is producing money which in turn can tell you if you are growing quality crops or a crop that your clients want the most.
Answer:
It is important to appreciate the fact that modern business management principles can assist the farmer or farm manager, no matter how small his farm may be and however meager his capital. This is because of the two major tasks facing today’s farm managers.
Explanation:
Importance of agriculture in the Food supply Agriculture is the world’s leading source of food items. All the food substances that are essential viz. Agriculture produces vegetables, proteins, and oils. The carbohydrates provide all living beings with energy.
Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answers
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
What is a trade off.
Answers
Answer:
the exchange of something valuable
Explanation:
Answer:
A trade-off is exchange something of value, especially as part of a compromise.
Explanation:
Write a suitable indefinite article before the following words or phrases and write
them again. (Copy the questions)
___heirloom ___astronomer
___ewe ___hotel employee
___honest man ___advocate
___one eyed dog ___awkward moment
___awesome picture ___European tourist
___incompetent employee ___auspicious moment
___humane person ___MLA
___horrible joke ___M. A student
Answers
Answer:
An heirloom, An astronomer
A ewe, A hotel employee
An honest man, An advocate
A one-eyed dog, An awkward moment
An awesome picture, A European tourist
An incompetent employee, An auspicious moment
A humane person, An MLA
A horrible joke, An M. A student
Explanation:
'A', 'an' and 'the' are the three articles that are used in English. They are used before nouns to specify them. 'A' and 'an' are indefinite articles and 'the' is the definite article. The indefinite article is used before the nouns which are not known or which are not identified. The definite articles are used before the identified noun. The indefinite article 'a' is used before the nouns that begin with a consonant sound. The indefinite article 'an' is used before the nouns that begin with a vowel sound.
_____ is a technique in which trainees are placed in an ethnic neighborhood for three to four hours to talk to residents about cultural differences.
Answers
Cultural immersion is the technique in which trainees are placed in an ethnic neighborhood for three to four hours to talk to residents about cultural differences.
It is a training method used to expose individuals to different cultures and ways of life, allowing them to gain a deeper understanding of and appreciation for cultural diversity. Cultural immersion can be particularly useful for individuals who work in multicultural environments or who plan to travel or work abroad.
By immersing oneself in another culture, individuals can develop cross-cultural communication skills, improve their ability to navigate cultural differences, and gain a more nuanced understanding of the experiences and perspectives of people from different backgrounds.
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July company currently outsources a relay switch that is a component in one of its products. The switches cost $20 each. The company is considering making the switches internally at the following projected annual production costs: unit-level material cost $ 3 unit-level labor cost $ 2 unit-level overhead $ 1 batch-level set-up cost (5,000 units per batch) $ 25,000 product-level supervisory salaries $ 37,500 allocated facility-level costs $ 20,000 the company expects an annual need for 5,000 switches. If the company makes the product, it will have to utilize factory space currently being leased to another company for $1,500 a month. Moreover the company would need to hire an additional supervisor. If the company decides to make the parts, total costs will be: a. $27,000 less than if the switches are purchased. B. $20,000 less than if the switches are purchased. C. $10,500 more than if the switches are purchased. D. $30,500 more than if the switches are purchased.
Answers
The total costs if the company decides to make the parts, given the cost of making the part versus purchasing it, will be C. $10,500 more than if the switches are purchased.
What are the costs of purchasing v. buying ?The cost of purchasing to July company would be :
= Number of switches x Cost of each switch
= 5, 000 x 20
= $ 100, 000
The cost to make the switches would be :
= Material cost + Labor cost + Overhead cost + Set up costs + Supervisor salary + Rent lost
= ( ( 3 + 2 + 1 ) x 5, 000 units ) + 25, 000 + 37, 500 + ( 1, 500 x 12 )
= $ 110, 500
Difference in cost :
= 110, 500 - 100, 000
= $ 10, 500
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When the gross domestic product (GDP) is divided by a country's
population, the result is____ a commonly used measure of economic
well-being.
Answers
The result of dividing the GDP by a country's population is per capita GDP, a commonly used measure of economic well-being.
Per capita GDP is obtained by dividing the total GDP of a country by its population. It provides an average measure of economic well-being by considering the economic output or income per person. A higher per capita GDP generally indicates a higher level of economic prosperity and standard of living within a country. It is widely used to compare the economic performance and living standards across different countries or to track changes in the economic well-being of a country over time. However, it is important to note that per capita GDP alone does not provide a complete picture of economic well-being, as it does not account for factors such as income distribution, quality of life, or social indicators.
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Write an essay of at least 150 -words based on reading the following regulation policy. In your essay, you should:
determine what factors would be considered in evaluating the 2014 violations;
assess the likely, and possible, consequences of the 2014 violations; and
outline how the company might achieve a reduction in fines;
Answers
If motorcycles have elastic demand, how would a small increase in price affect demand for motorcycles?
Answers
Answer:not much
Explanation:
If it's elastic then i switchs
What does it mean for the USA to increase the debt ceiling? Will this Help or Hurt our economy? Name 2 areas that the US could be doing better in and how could we make it better.
Answers
The debt ceiling does not permit additional financial commitments. It merely enables the government to pay for pre-existing legal commitments that have been made in the past. This will help the economy.
Two areas that the US could be doing better in are :
Energy HealthcareHow to improve Energy and Healthcare sectors?Energy :
A long-term strategy is required to solve a number of energy-related concerns. Some of the most crucial are listed below:
All levels of government should be included in public-private partnerships and future planning procedures.Capacity building in the energy industryInvestigation and creationAutomating the power supply network will increase system reinforcement, dependability, and usage of contemporary technology.Increased use and development of renewable energyImproved energy consumption efficiencyHealthcare :
Make talking about economic growth and health a priority.Invest in your health to become more resilient.Promote health equity through social and economic justiceServices for public health to be decentralizedRaising the doctor to patient ratioTo know more about, debt ceiling, visit :
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3. A company requires $1,360,000 in sales to meet its net income target. Its contribution margin is 30%, and fixed costs are $240,000. What is the target net income? a. $168,000 b. $408,000 C. $312,00
Answers
Option b: The target net income from a company that requires $1,360,000 in sales to meet its net income target, with a contribution margin of 30% and fixed costs of $240,000 is $408,000 (option b).
Contribution Margin formula is:
Contribution margin = Sales – Variable costs
Therefore, the contribution margin of the company can be calculated by using the given information:
Contribution margin = 30% of $1,360,000= 30/100 × $1,360,000= $408,000
Fixed Costs are $240,000.
Target Net Income is the additional income that a company needs to earn above its total expenses, including its variable costs and fixed costs, to reach its net income target. It can be calculated as follows:
Target Net Income = Total Expenses – Target Net Income
Total Expenses = Fixed Costs + Variable Costs + Target Net Income
Rearranging the equation, we can find the Target Net Income:
Target Net Income = Total Expenses – Fixed Costs – Variable Costs
Target Net Income = $1,360,000 – $240,000 – ($408,000)
Target Net Income = $1,360,000 – $240,000 – $408,000
Target Net Income = $712,000
Therefore, the target net income is $408,000.
Hence, option b is the correct answer.
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