"Payroll Register and Payroll Journal Entry Mary Losch operates a
travel agency called Mary’s Luxury Travel. She has five employees,
all of whom are paid on a weekly basis. The travel agency uses a
p"
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Mary Losch operates a travel agency called Mary’s Luxury Travel. She has five employees, all of whom are paid on a weekly basis. The travel agency uses a payroll register and payroll journal entry.
In accounting, a payroll register is a document that summarizes a company's payroll information. It details the compensation paid to workers, including wages, bonuses, and taxes withheld, among other items. The payroll register is frequently used to generate a variety of other reports, such as general ledger entries, worker payment reports, and tax filings.
The payroll journal entry is used to keep track of the company's payroll expenditures. In accounting, a journal entry is the recording of a transaction in a business's general ledger. This entry is used to keep track of all financial transactions that occur during a specific period, such as a week or month.Therefore, Mary Losch's travel agency would use a payroll register to keep track of employee compensation information and a payroll journal entry to record the company's payroll expenditures.
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Related Questions
Select a product. It can be real or made up. Give your good or service a name and a price in U.S. dollars. Identify the market type for your product (pure/perfect competition, monopolistic competition, oligopoly, monopoly).
Draw a marginal analysis graph. Title it the market for the product you chose. Label the axes, the marginal cost curve (MC), the marginal revenue curve (MR), and the profit-maximizing quantity (Qpm). You do not need to use real numbers.
Answer the reflection questions in complete sentences:
What is your product and its price? What type of market does your product exist in?
Why is the marginal cost curve the same basic shape, no matter the product?
At the profit-maximizing quantity, is the price of your product equal to, higher than, or lower than marginal cost? Explain.
Assume Qpm is 100 units. What is your total revenue?
Why would an already-successful business owner conduct a marginal cost analysis for their product?
Submit your work. This includes your graph image file and separate text responses to the questions.
Tools to Create and Submit Graphs
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The four main types of markets are as follows:-
1. Perfect Competition
2.Monopolistic competition,
3.Oligopoly
4. Straight Competition
Briefing:-What is the Marginal Cost?The cost difference between producing one more product or serving one more customer is known as the marginal cost. It is sometimes referred to as an incremental expense.
What kind of market or product is it?Convenience goods, shopping goods, specialty goods, and unsought goods are the four categories of items, and each is categorized based on consumer preferences, pricing, and product features.
What kind of market are you?A market type is a method that a certain group of consumers and producers interact, based on the context established by the degree to which consumers are prepared to comprehend the product, its complexity, the size of the current market, and the possibility for future market growth.
Is the cost of your product equal to, higher than, or lower than the marginal cost at the profit-maximizing quantity? Explain.The product's cost would need to be covered by its price in order to maximize profits.
Profit maximization – what is it?This is how companies are able to reap the most financial rewards from the ventures they take on. This has to deal with all of the strategies that the company would need to employ in order to boost its profit margins.
How can I calculate the entire revenue?Price x Quantity Sold = Total Revenue
Consider a leatherworker who charges $100 for a pair of boots. If he consistently sells 50 pairs each month ($100 x 50 = $5,000), his total revenue is $5,000.
Why would a seasoned entrepreneur analyze the marginal costs of their offering?Business owners can compare the costs and additional advantages of various manufacturing activities using a marginal analysis. An owner can use this analysis to determine whether a particular activity is lucrative and then base a choice on that understanding.
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What is the Importance of sales promotion
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5. IS-LM model and the value of Commitment (30 Points) This question will help you understand the IS-LM model in great detail. We derive the IS-LM model. There is a single household that is alive for two periods: 1-o AL¹+e 1+e -σ Be U = + 1-0 1-o where c₁and care consumption of the production good in each period and L is the household's labor supply in period 1. The budget constraints in both periods are: C₁ + K = W P1 -L+ II₁, KK + K. P2 C2 = Here, II stand for the profits of monopolistic behaving firms. Here households invest in capital K only to invest in it and rent it out later. Production in each period is produced by firms operating the following technologies: Y₁ = L, Y₂ = K¹-a Different from model's we've seen before, now the household invests directly in capital, and then rents it to firms at time t = 2. (a) [5 points, easy] Demonstrate that the labor supply is given by W = OLE. P1 (b) [5 points, easy] Show that the households optimal investment in K is given by (the Euler equation): (a₁ - 0 1 - ) * = 3 (1 + x^³) (0₂2) *. (c) [2 points, easy] Show that if firms at t = 2 behave competitively, the maximization of their profits leads to the following equilibrium return on capital: 1/α pk = (1-a) K-° → K = --α) rk (d) [3 points, easy] Assume that firms ideally want to charge a markup relative to marginal costs given by: Pi = Cq η 7-1 markup where the nominal marginal cost is simply the wage: Cq = w. We assume that n/ (n − 1) > 1. Show that the target individual price is given by: Pi = P₁0L². Η n-1' (e) [5 points, easy] Assume that the Central Bank, that is, the Federal Reserve can chose a quantity of money M, to target an interest interest rate i. Furthermore, it guarantees and inflation rate between t = 1 and t = 2 given by 72, which we can treat as exogenous. We won't care about how it achieves this policy at t = 2. Argue that in that case, the Central Bank determines the real return on capital: pk = i-π2, thereby affecting real investment in the economy. (f) [10 points, Intermediate] We now derive the IS curve. We assume that all firms fix their prices in advance, prior to the governments choice. Use the production function Y = L to show that the I-S equation in this version of the new-Keynesian model is given by the following relationship between output and the nominal interest rate: 1/a (1-a)/a 1 Y1/(1+e) Y 0- 1+ ε - [¹-g]¹'ª + Ø [µ + ·-„‚·] [¹-ª]-a)/ = π2. [(1 i π2 π2. Hint: us that Y : K + c₁, and substitute this condition into the Euler equation. Demonstrate that the relationship between these Y and i is negative, that is, for a higher interest rate, output is declining. Draw this curve. What are the effects of increases in interest rates today? What happens if the private sector expects higher inflation in the future? Is higher future inflation expansionary or recessionary? (g) [Intermediate] From now on, we demonstrate the value of commitment to low inflation. Argue that if there was no monopolistic power, output would be efficient and equivalent to: Y* = [1/0]¹/€. Hint: setup the Lagrangian of the planner's problem and take the first order condition with respect to L and the replace the production function. (h) [Hard] For this question, you ust read chapter 15. 2. We now consider a game between the government and the private sector. We assume that u firms can chose the ideal price: pf = w η n-1 the other set of firms is stuck at a given price, chosen in advance, given the expectation of p₁, that is E [p1]: n p³ = E [p₁] OL. Η 1' - Recall that: P₁ = μp + (1 -μ) p³. Show that if the government wants to target Y*, we have that: η ps = E [p₁]. 7-1 And using: = μp³ + (1 -µ) p³, show that: ps μ7²-1 1 - (1 -μ)²1 -E [w]. (i) [Hard] Show that for any choice of E [w], the government would want to surprises firms with even higher wages. What are the consequences of this? Do you think this type of behavior can lead to an ever increasing spiral of inflation. What would be the effects on output if an inflationary spiral is expected? P1 =
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The provided question deals with the derivation and analysis of the IS-LM model in an economic framework. The model considers a two-period household with consumption and labor supply decisions, along with firms operating under specific technologies and pricing behavior.
The questions cover various aspects of the model, including labor supply determination, household investment decisions, equilibrium return on capital, target individual price, central bank's role in determining the real return on capital, derivation of the IS curve, and the value of commitment to low inflation. Additionally, a game between the government and the private sector is introduced, exploring the implications of wage policies on output and inflation.
The IS-LM model is a macroeconomic framework that analyzes the relationship between interest rates, output, and the goods and money markets. In this question, several components of the model are explored, starting with the determination of labor supply and the household's optimal investment in capital. The equilibrium return on capital is derived under competitive behavior by firms at time t = 2. The target individual price is also calculated based on the desired markup relative to marginal costs.
Furthermore, the role of the central bank in influencing the real return on capital is discussed, as it targets an interest rate and guarantees a certain level of inflation. The IS curve is derived, which represents the relationship between output and the nominal interest rate. The effects of changes in interest rates and expectations of future inflation on output are examined.
The question also explores the value of commitment to low inflation by comparing the efficient output level in the absence of monopolistic power. The game between the government and the private sector is introduced, considering the government's target for output and the firms' pricing decisions.
Overall, the question delves into the intricacies of the IS-LM model and its implications for various economic factors, such as labor supply, investment, inflation, and output. The analysis helps to understand the interplay between different agents in the economy and the potential consequences of policy decisions.
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which of the following statements about a work package is always true? it requires the work of the entire project team. it is the responsibility of the project manager. it consists of a single activity. it is the lowest level of the wbs.
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The statement D: "it is the lowest level of the WBS" is always true about a work package.
A Work Package is the smallest unit of work that can be assigned to a team member and is used in project management to break down a project into smaller, more manageable components. Work packages are part of a hierarchy of deliverables and are used to build the Work Breakdown Structure (WBS).
The WBS is a visual representation of the project's scope, and it divides the project into smaller, more manageable parts. Work packages are at the lowest level of the WBS, and they represent the tasks or activities that need to be completed to deliver a specific deliverable. The work package is usually the responsibility of the project manager, who assigns it to the appropriate team member(s) and oversees its completion.
Thus option D is correct answer.
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What are personal loans?
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Answer:
personal loan is a specific amount of money you can borrow from the bank, with a fixed interest rate and you pay it back within a predetermined amount of time.
Yearly savings rates have dropped from 20% in the 80's to around today.
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In Canada, the yearly savings rates have dropped from 20% in the 80's to around 4% around today
What is current savings rate in Canada?The rate in Canada has declined from the level seen in 1980s. In the 80s, the savings rate stood at 20% which indicates higher proportion of disposable income being saved.
But in recent years, the savings rate has dwindled to 4% which is attributed to factors like rising household debt levels, increased consumer spending and shift towards a more service-oriented economy.
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Layla works as a registered nurse. She earns $5.500 per month Sheras investments that earn $220 per month and helps a neighbor with daycare for $50 a day, the days a month Hor expenses include $2,100 for her mortgage, property taxes, and homeowners insurance: $900 forbis: $500 for travet, $450 for groceries $350 for her auto lease $700 for entertainment and personal expenses $300 for student loans and $900 for credit card debt
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Layla's total monthly income is $5,500 from her nursing job and $220 from her investments, which amounts to $5,720. Additionally, she earns $50 per day for helping with daycare, so assuming she works every day of the month, that would be an additional $50 x 30 = $1,500.
Now, let's calculate Layla's monthly expenses:
Mortgage, property taxes, and homeowners insurance: $2,100
Utilities: $900
Travel: $500
Groceries: $450
Auto lease: $350
Entertainment and personal expenses: $700
Student loans: $300
Credit card debt: $900
Adding up all these expenses, we get $2,100 + $900 + $500 + $450 + $350 + $700 + $300 + $900 = $6,200.
To determine Layla's monthly net income, we subtract her expenses from her total income: $5,720 + $1,500 - $6,200 = -$980.
Based on these calculations, it appears that Layla's monthly expenses exceed her income, resulting in a deficit of $980 per month. She may need to evaluate her expenses and find ways to reduce them or consider additional sources of income to improve her financial situation.
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9. Which of the following is the management and regulation of resources?
A. economy
B. goods
C. services
Dtools
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Suppose that a borrower and a lender agree on the nominal interest rate to be paid on a loan. Then inflation turns out to be higher than they both expected
Does the lender gain or lose from this unexpectedly high inflation? Does the borrower gain or lose?
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The lender loses from unexpectedly high inflation as the real interest rate is lower than expected.
The borrower gains from unexpectedly high inflation as they are repaying the loan with dollars that are worth less than was expected, reducing the purchasing power of the loan for the lender.
When inflation is higher than expected, the real interest rate ends up being lower than what was initially anticipated. This means that the lender loses out on potential earnings as they are receiving a lower real interest rate than expected. On the other hand, the borrower gains as they are repaying the loan with dollars that are worth less than what was expected, effectively reducing the purchasing power of the loan for the lender.
This unexpected inflation reduces the real value of the loan for the lender, benefiting the borrower in the process.
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In a perfectly competitive market, if the market price is $4, how many units will they sell if they charge $4?How many will they sell if they charge over $4? Will they make more profit if they lower their price? Why or why not?
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Answer:
In a perfectly competitive market, if the market price for a single unit is $4, then the number of units sold would be 32.
Explanation:
A perfectly competitive market is defined as a market where there are no monopolies - something extremely rare in the real world. However, it is a good example to explain the rules and workings of supply and demand in the market. There are multiple sellers and purchasers in a perfectly competitive market. Sellers earn just enough profit to keep their place in the market. Any more and they would lose their foothold in the marketplace to another company.
If the sellers are capable of producing more, then they can sell more, thus increasing their output. In any case, the economic output would be zero because the price is tangent to the low point on the average total cost curve. The seller has no control over market price because the price is set at equilibrium.
What program would be likely to help a person prepare for teacher certification?
O a master's degree in Psychology
O a bachelor's degree in Education
O a one-year technical school certificate
O an associate degree from a community college
Answers
Answer: The answer is a bachelor’s degree in Education.
Explanation:
To help a person prepare for teacher certification is likely program is a bachelor's degree in Education.
A Bachelor of Education (B. Ed.) is a professional undergraduate degree that qualifies graduates to work as teachers in educational institutions.
In other nations, like Tanzania and Kenya, the student must do additional activities like fieldwork and research in order to be completely qualified to teach.
Tests for the licenses or certificates necessary for instructors in some places may also be administered concurrently with or after it.
Therefore, the correct option is "a bachelor's degree in Education".
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1. Determine the trade-offs of implementing an ERP system in the company versus buying best of breed software and using middleware to integrate. 2. What are the potential impacts of such implementation on the company’s suppliers and customers? 3. If the company chose to stay with the system it currently has, what are some potential consequences that can occur in the future? 4. Based on the business nature of the company, the industry, and the current environment, what would you recommend doing?
Answers
Answer:
Throughout the clarification segment follows, the context of the concern is mentioned.
Explanation:
(a)
There seem to be different divisions of every company, such as ordering, production management, engineering, finance as well as ordering management, and marketing. Previously, with each company maintaining their everyone else's collection of information, these same government agencies used to collaborate throughout silos, resulting in redundant systems but so much time and energy during peaceful coexistence.By facilitating cross-functional transfers, ERP packages support organizations. These bundles, for example, come up with all these financial, ordering, balance sheets, accounts receivables, fully organized cash equivalents for one another and, and therefore also companies no longer have to store different copies of records. The numerous divisions can navigate the purchasing order that is raised throughout the framework.(b)
The future effect including its company's introduction to the ERP system would make communication with suppliers healthier and more streamlined. To strengthen the distribution network, collaboration with vendors can enhance communication and exchange knowledge utilizing innovative software. For clients, this new ERP deployment framework will satisfy the existing domain's scalable specifications.(c)
If the organization wanted to stick in the new method that was being non-synchronous and unreliable through its service, the likely implications for the immediate future seem to be the corporation's defeat with loss. There was no standard program or software kit used by the new framework for the whole enterprise and the complete IT arrangement was then disintegrated.The void of misunderstanding might expand if the government continues this very same method, combined with a lack of improvement in order fulfillment and procurement of materials. The attorney general's office and accounting would not have been able to assemble the tremendous pricing information that would not operate the shop in a successful direction instead of always get knotted in tech problems.(d)
The organization's overall nature includes an optimized application suite to be adopted, which is standardized for the whole workplace. The entire organization should be trained by a similar arrangement running on a single platform. Software besides inventory control, accounting, business development, capital structure, but most project management should be included in this effort and compliance.Effectiveness cloud-based software could allow the management to configure the program according to its preferences and then use it for particular purposes without buying everything at once. This ERP implementation seems to be profitable for the organization in terms of the current culture and community, as well as for the organization's strategic accomplishment.
To become a successful entrepreneur, you should:
Select one:
O Prepare to risk all of your family assets.
O Plan to quit your job before starting.
O Choose a business that is in a field you enjoy.
O Expect to put down a lot of money.
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What type of an IRA would a woman approaching her 74th birthday but still earning a comfortable income through the sale of her popular mystery novels?
a traditional IRA
a Social Security underwritten IRA
a Roth IRA
an IRA based on investment returns exclusively
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Answer:
1 an accounting practice that tracks both credits and debits
2 signing the back of a check before you can deposit it into your account
3 an amount of money extended by a bank of financial institution and ready for the borrower to use at any time provided the latter adheres to certain rules and regulations
4 the individual who receives the funds on a check; the person who the check is written to
5 the person or business writing the check; the owner of the checking account on which the check is being written
Explanation:
Answer:
fu c k
Explanation:
2) Moonlight Company wrote off the account of one of its customers, X, in 2018 for $500. On January 21, 2019, X unexpectedly repaid his account in full. The company uses the direct write-off method to account for uncollectible receivables. Journalize the entries required for Moonlight Company on January 21, 2019
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Answer:
A journal entry was carried out for Moonlight Company for January 21, 2019, and is shown below in the explanation section
Explanation:
Solution
Given that:
Moonlight Company Journal Entries on January 21, 2019
JOURNAL ENTRY
Date Account name Debit Credit
Jan. 21, 2019 Cash 500
(Income statement -Bad debts recovered) 500
(record the bad debts recovery from customer X)
Do you think this character's leadership style is appropriate for the environment he is in?• If so, why? The nature of the work done, the characteristics of the employees, cultural factors etc.Your final evaluation and comments about the movie in terms of leadership.One or a few scenes from the movie or TV show that will serve as an example for what you are talking about.• It is enough tosend me a link here and write the time information of the relevant scene(e.g. 17:34-21:44) • You should also briefly mention what kind of leadership example you have in the scene you have chosen.
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The given question asks about the leadership style of a character and its appropriateness to the work environment. However, the name of the character or the work environment hasn't been provided in the question. So, it becomes impossible to give a specific answer to the question.
However, the question mentions that a scene from a movie or TV show can be used as an example. One popular TV show is "Taarak Mehta Ka Ooltah Chashmah" (TMKOC) in which there are several characters who show different leadership styles.In TMKOC, Jethalal is the owner of a shop and he is the head of his employees. His leadership style can be described as democratic. He takes the opinions and suggestions of his employees before making any decisions. He believes that everyone should have an equal say in the decisions which will impact them. This style is appropriate for the work environment he is in as he deals with his employees and customers in a friendly way and he makes everyone feel like they are a part of a team.This can be seen in the episode where Jethalal is having problems with a customer who wants to return a defective product. The customer is being aggressive and abusive towards Jethalal's employees. .
In conclusion, Jethalal's leadership style in TMKOC is appropriate for the work environment he is in as he has a small business and his employees work closely with each other. His democratic leadership style ensures that everyone feels like they are a part of a team and their opinions and suggestions are valued.
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Which is an organizational unit that is useful for collecting and aggregating similar data on separate forms?
Subforms
Subreports
Tab pages
Keyboard shortcuts
Save and Exit
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Answer:
a.subforms
Explanation:
In managing employees under an incentive pay plan, a manager should
A. design complex plans that cover all contingencies.
B. set goals with employees, but then leave them alone to pursue those goals.
C. set "stretch" goals that are very difficult (perhaps impossible) to achieve.
D. regularly communicate with employees about the plan.
E. change the plan frequently to continue to motivate subordinates.
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D. regularly communicates with employees about the plan.
Regular communication is essential in managing employees under an incentive pay plan. By keeping an open line of communication, managers can provide clarity on expectations, address any questions or concerns, and provide feedback and support to employees. This helps in maintaining transparency, aligning goals, and ensuring that employees understand the plan and its objectives.
Regular communication also allows managers to monitor progress, provide guidance, and make necessary adjustments if needed. It fosters a collaborative and supportive environment, enhancing motivation and engagement among employees.
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seller al and agent alice mutually decide to end their agency relationship. which duties does the agent continue to owe the seller?
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Confidentiality and accounting are duties the agent continues to owe the seller.
What is accounting?The process of gathering, compiling and reporting information on business and financial transactions. also: this system's guidelines and practices. as a first-year student, I studied accounting: work done in accounting or by accountants.
The agents continue to owe the seller, By The fiduciary duty is the duty to act always in the interest of the principal; the duty here includes that to avoid self-dealing and preserving confidential information.
Therefore, By the two duties, fiduciary and general act always in the interest of the principal.
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Cuppy's differentiates its coffee from Starbucks by _______. The market structure in which Cuppy's competes is _______.
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Cuppy's differentiates its coffee from Starbucks by offering a more personalized and artisanal experience. The market structure in which Cuppy's competes is monopolistic competition.
Cuppy's differentiates its coffee from Starbucks in several ways. Firstly, Cuppy's focuses on providing a more personalized experience for its customers. They offer a wide range of customizable options, allowing customers to choose their preferred roast, flavorings, and milk alternatives. This level of customization sets them apart from Starbucks, where the menu options are more standardized.
Secondly, Cuppy's emphasizes artisanal coffee brewing techniques. They use carefully selected beans and employ expert baristas who are trained in specialty brewing methods, such as pour-over and French press. This attention to detail in the brewing process gives Cuppy's coffee a distinct flavor profile that appeals to coffee enthusiasts.
Lastly, Cuppy's aims to create a cozy and inviting atmosphere in their cafes. They often decorate their spaces with unique artwork and provide comfortable seating arrangements, encouraging customers to relax and enjoy their coffee. This ambiance differs from Starbucks, which tends to have a more standardized and corporate feel.
In terms of market structure, Cuppy's competes in monopolistic competition. In this type of market, there are many sellers offering differentiated products that are close substitutes for each other. Cuppy's competes with other coffee shops by providing unique features and experiences, allowing them to attract a specific segment of customers who value customization and artisanal coffee. However, there is still competition from other coffee shops in the same market, as customers have multiple options to choose from.
Tagging:
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This table shows the CTSOs that four high school students are involved in: A 2-column table with 4 rows. Column 1 is labeled Student with entries Elyse, Abin, Kendra, Angelica. Column 2 is labeled Current C T S O with entries T S A, F E A, D E C A, H O S A. Assuming the students continue down the same career path, which table shows the professional organization that each student would most likely be a part of in the future? A 3-column table with 4 rows. Column 1 is labeled Student with entires Elyse, Abin, Kendra, Angelica. Column 2 is labeled Current C T S O with entries T S A, F E A, D E C A, H O S A. Column 3 is labeled Future P O with entries A F P, A A S A, A S M E, A M A. A 3-column table with 4 rows. Column 1 is labeled Student with entires Elyse, Abin, Kendra, Angelica. Column 2 is labeled Current C T S O with entries T S A, F E A, D E C A, H O S A. Column 3 is labeled Future P O with entries A S M E, A A S A, S A G, A C S. A 3-column table with 4 rows. Column 1 is labeled Student with entires Elyse, Abin, Kendra, Angelica. Column 2 is labeled Current C T S O with entries T S A, F E A, D E C A, H O S A. Column 3 is labeled Future P O with entries S A G, A C S, A F P, A M A. A 3-column table with 4 rows. Column 1 is labeled Student with entries Elyse, Abin, Kendra, Angelica. Column 2 is labeled Current C T S O with entries T S A, F E A, D E C A, H O S A. Column 3 is labeled Future P O with entries A S M E, A A S A, A F P, A M A.
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Answer:
The answer is A
Explanation:
Critical reading is a
a Theory
b. Process
C. Summarization strategy
d. None of these
Please select the best answer from the choices provided
A
В
C
D
Answers
Answer:C
Explanation:
Answer:
The correct answer for this question is B
simone takes ownership of the project to which she was assigned. she provides the leadership and vision that will take the product from the idea stage to the final customer. simone is a(n) .
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Simone assumes control of the task she was given to complete. She gives the project the direction and vision needed to see it through to the end user. A product spokesman is Simone.
Any activity that is meticulously planned to accomplish a specific goal, whether it is done alone or in a group, and may include research or design, is referred to as a project. A different perspective sees a project as a series of activities that must be completed in a specific order and under specific financial and other constraints. A project may be a transient (rather than permanent) social structure (work system), staffed perhaps by teams (inside or across organizations), to carry out specific tasks under time limitations. A project could be a component of a larger program management effort or work independently.
Be aware that open-source software "projects" or artists' musical "projects" (for instance) could not have clearly defined team members, exact planning, or time limits.
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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
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Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUif an s corporation recognizes a built-in gain and pays tax on it, the shareholders report
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When an S corporation recognizes a built-in gain and pays tax on it, the shareholders must report their share of the gain on their individual tax returns. This is because S corporations are pass-through entities, meaning that their income and losses pass through to their shareholders who report them on their personal tax returns.
The amount of the gain that each shareholder reports depends on their ownership percentage in the S corporation. Shareholders must report their share of the built-in gain as ordinary income on their individual tax returns in the year in which it is recognized by the S corporation. It is important for shareholders to keep accurate records of their share of the S corporation's income and losses for tax purposes.
The S corporation pays the built-in gains tax at the corporate level, reducing its net income. The shareholders report their respective shares of the S corporation's remaining net income on their individual income tax returns. This net income is allocated to the shareholders based on their ownership percentage in the S corporation. Shareholders may receive distributions from the S corporation, which are generally not taxable if they do not exceed the shareholder's basis in the S corporation stock.
In summary, when an S corporation recognizes and pays tax on a built-in gain, the shareholders report their share of the remaining net income on their individual tax returns, which may be lower due to the corporate-level tax payment.
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What phrase could a licensee use in advertising that would not discriminate on the basis of familial status
Answers
Senior discount is the phrase that a licensee could use in advertising that would not discriminate.
A familial status discrimination is known to occurs when the landlord, manager or property owner treats someone very differently.
The other options clearly discriminate the familial status.
Hence, the Senior discount is the phrase that a licensee could use in advertising that would not discriminate.
Therefore, the Option is correct.
Missing options "Couples only Empty nesters No bicycles allowed Senior discount"
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In economics, actions by individuals and interest groups designed to influence public policy in a manner that will either directly or indirectly redistribute more income to themselves are known as.
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In economics, actions by individuals and interest groups designed to influence public policy in a manner that will either directly or indirectly redistribute more income to themselves are known as rent seeking
Economics focuses on the actions and interactions of economic agents as well as the operation of economies. Microeconomics examines what are thought of as the fundamental components of the economy, such as the activities of individual agents and markets as well as the interactions that result from those actions. Households, businesses, buyers, and sellers are just a few examples of individual agents. The study of macroeconomics examines the economy as a system in which production, consumption, saving, and investment coexist, as well as factors influencing it such as the employment of labor, capital, and land resources, currency inflation, economic growth, and public policies that have an effect on these components.
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when the discount rates fall, the cost: group of answer choices of loans between banks falls. to savings and loans of borrowing money from the public falls. to banks of borrowing from the fed falls. of loans to bankers' best customers goes down. of international loans falls.
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When the discount rates fall, the cost to savings and loans of borrowing money from the public falls. Hence, the correct option is to savings and loans of borrowing money from the public falls.
In a discounted cash flow (DCF) analysis, the discount rate is the rate that is used to calculate the present value of future cash flows. This aids in determining whether the cash flows from an investment will be more valuable than the capital expenditure required to fund it in the present. The discount rate must equal or be higher than the cost of capital, which is the lowest rate required to justify the expense of a new endeavour.
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List 7 types of media's with notes about them. Or less.
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Answer:
good
Explanation:
Print Media (Newspapers, Magazines)
Broadcast Media (TV, Radio)
Outdoor or Out of Home (OOH) Media.
Internet.
To measure the strength of a currency, you can
measure the face value against what other
value?
A. market
B. intrinsic
C. foreign
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The face value of a currency compared to its purchasing power against other (inter)national currencies determines the currency’s strength