when a company sells inventory using the perpetual inventory system, the balance in the inventory account . multiple choice question. decreases is not affected increases

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Answer 1

When a company sells inventory using the perpetual inventory system, the balance in the inventory account decreases.

Perpetual inventory is a type of inventory management that helps businesses keep track of their inventory in real-time. In a perpetual inventory system, inventory balances are continuously updated as transactions occur. It enables the organization to maintain an up-to-date view of inventory levels as well as the cost of goods sold (COGS) at any given time. To maintain accurate inventory levels and make effective business decisions, a company must use an effective inventory management system. Perpetual inventory is one such system.

Hence, when a company sells inventory using the perpetual inventory system, the balance in the inventory account decreases.

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one reason why the plants of multinational corporations abroad may have better standards than domestic contractors in lowincome countries is because multinational corporations tend to reduce costs by using one standard in terms of capital equipment and technology for all markets.trure or false

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The statement one reason why the plants of multinational corporations abroad may have better standards than domestic contractors in low-income countries is because multinational corporations tend to reduce costs by using one standard in terms of capital equipment and technology for all markets is FALSE.

The statement suggests that multinational corporations (MNCs) use a standardized approach to capital equipment and technology across all markets, which could result in higher standards at their plants abroad compared to domestic contractors in low-income countries.

However, this assumption is flawed because MNCs often tailor their operations to local market conditions and regulations, which may require different equipment and technology standards. Additionally, MNCs may prioritize cost savings over maintaining high standards, regardless of whether they are operating domestically or abroad.

Therefore, it is not accurate to suggest that MNCs' plants abroad have better standards solely because of a standardized approach to equipment and technology. Other factors such as local regulations, management practices, and labor standards could also contribute to differences in standards between MNCs and domestic contractors in low-income countries.

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what is the cash component of the payoff if a call futures option on 50 units of the underlying asset is exercised?

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The cash component of the payoff if a call futures option on 50 units of the underlying asset is exercised is the difference between the futures price and the strike price multiplied by the contract size of the futures contract.

The cash component of the payoff is paid to the holder of the call futures option.

Here's an example to illustrate the calculation of the cash component of the payoff: Suppose the futures price is $50, and the strike price is $45 for a call futures option on 50 units of the underlying asset.

The contract size is 100. If the holder of the call futures option decides to exercise the option when the futures price is $55, the cash component of the payoff is calculated as follows:

Cash Component = (Futures Price - Strike Price) x Contract Size

Cash Component = ($55 - $45) x 100

Cash Component = $1000

Therefore, the holder of the call futures option receives a cash payment of $1000 from the writer of the futures contract.

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consumer surplus is equal to the question 6 options: value to buyers - amount paid by buyers. amount paid by buyers - costs of sellers. value to buyers - costs of sellers. value to buyers - willingness to pay of buyers

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Consumer surplus is equal to the difference between the value to buyers and the amount paid by buyers.

In other words, consumer surplus is equal to the value to buyers minus the amount paid by buyers.

It is also the difference between the amount paid by buyers and the costs of sellers, as well as the difference between the value to buyers and the willingness to pay of buyers.

Consumer surplus is the difference between the maximum amount a consumer is willing to pay for a good or service and the amount the consumer actually pays for it. This is the benefit consumers receive from a purchase, as they are able to pay less than the maximum amount they are willing to pay.

Consumer surplus is an important concept in economics because it captures the benefit that consumers receive from buying a good or service. This benefit is realized when a consumer is able to purchase a good or service for a price that is less than their maximum willingness to pay for it.

Consumer surplus allows for an efficient allocation of resources, since consumers are able to obtain goods and services at prices lower than they would have to pay if there were no consumer surplus.

Consumer surplus also creates incentives for consumers to purchase more of a good or service, which can benefit businesses and stimulate economic activity. Moreover, consumer surplus also helps to ensure that consumers are not overpaying for goods and services, which can help to reduce inequality and increase economic efficiency.

In conclusion, consumer surplus is an important concept in economics because it captures the benefit consumers receive from a purchase and can also help to stimulate economic activity.

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how might traditional intermediaries use it to compete against the innovative features offered by online travel agencies?

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By embracing technology and offering their customers the same features.

Traditional intermediaries can compete with the innovative features offered by online travel agencies by embracing technology and offering their customers the same features.

This can include utilizing customer relationship management (CRM) software, offering online booking capabilities, and leveraging data analytics to identify customer preferences.

Additionally, traditional intermediaries can also offer exclusive incentives, discounts, and deals to customers, which online travel agencies may not be able to provide.

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assuming that sheridan elects to use the carryforward provision and not the carryback provision, what income (loss) is reported

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When Sheridan elects to use the carryforward provision and not the carryback provision, the income (loss) reported is adjusted by the amount of the net operating loss that is carried forward.

Net operating loss is the excess of total deductions over total revenues for a tax year. A corporation's net operating loss (NOL) is the amount by which its deductions exceed its gross income. The corporation can carry the net operating loss forward for 20 years to offset taxable income in future years, according to the Internal Revenue Service (IRS).

NOL Carryforward: An operating loss that can be carried forward to offset taxable income in future years is known as an NOL carryforward. It enables businesses to reduce future tax bills and enhance their cash flow. It is a one-time loss that can be used in the future. It is critical to understand that net operating loss (NOL) is a tax term used to define a tax credit that allows a business to decrease its taxable income. A business can apply its NOL carryforward to future years to reduce its taxable income in those years.Therefore, when Sheridan elects to use the carryforward provision and not the carryback provision, the income (loss) reported is adjusted by the amount of the net operating loss that is carried forward.

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Rubio, Inc., an accrual basis C corporation, reports the following amounts for the tax year. The applicable income tax rate is 30%. Book income, including the items below, is $87,500. Increase in book allowance for anticipated warranty costs 4,375; Interest income from City of Westerville bonds 8,750; Bribes paid to Federal inspectors 17,500.a. Indicate whether the following items create temporary or permanent differences. Increase in book allowance for anticipated warranty costs, Interest income from City of Westerville bonds, Bribes paid to Federal inspectorsb. Rubio's taxable income is?Permanent and Temporary Differences Between Pretax Accounting and Taxable IncomeThere are many differences between what is called pretax accounting income (income determined under generally accepted accounting principles) and taxable income (income determined following the regulations of the Internal Revenue Service). In general, these differences can be either permanent (which means they once they occur, they occur during that year, and do not impact the future) or they can be timing differences (which means the differences 'turn-around' in the future when certain events occur). We see a few examples of these differences in this Question.

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a. The following items create temporary or permanent differences: Increase in book allowance for anticipated warranty costs: Temporary difference Interest income from City of Westerville bonds: Permanent difference Bribes paid to Federal inspectors: Permanent difference.

b. Rubio's taxable income is $83,250Explanation:Increase in book allowance for anticipated warranty costs - This is a temporary difference because the expense is recognized in the current year for book purposes but is not allowed as a tax deduction until the warranty is actually fulfilled.

The increase in book allowance is added back to book income to arrive at taxable income. Interest income from City of Westerville bonds - This is a permanent difference because the interest income is recognized for both book and tax purposes in the same year.

Bribes paid to Federal inspectors - This is a permanent difference because bribes are not deductible for tax purposes. The amount paid in bribes is added back to book income to arrive at taxable income.

Rubio's taxable income is calculated as follows: Book income = $87,500 Increase in book allowance for anticipated warranty costs = $4,375

Interest income from City of Westerville bonds = $8,750

Bribes paid to Federal inspectors = $17,500

Total adjustments = $30,625

Taxable income = $87,500 - $30,625 = $56,875

Income tax rate = 30%

Rubio's income tax expense = $56,875 × 30% = $17,062.50

Rubio's taxable income is $83,250 ($56,875 + $26,375) after adjustments for temporary and permanent differences.

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grant hill discusses the challenge teams have to get younger fans out of their homes and into the arena. how does the digital experience in the arena help the team in this regard?

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The digital experience in the arena can help teams get younger fans out of their homes and into the arena by providing a more engaging and interactive experience for fans during games.

How can the digital experience be helpful ?

By creating a more engaging and personalized experience for fans in the arena, teams can help to attract younger fans who are accustomed to a more interactive and digital experience in other areas of their lives. This can help to increase attendance and engagement, and can help to build a stronger connection between fans and the team.

Overall, the digital experience in the arena is an important tool for teams looking to attract and engage younger fans. By leveraging digital technology to create a more interactive and personalized experience for fans, teams can create a more compelling and enjoyable experience for fans in the arena, and help to build a stronger fan base over the long term.

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jane works for a meat packing company. jane is wondering if she should give a $5 raise to all the first line supervisors in her company so that the company can retain the best employees. what should jane do first?

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Before giving a $5 raise to all first line supervisors, Jane should analyze her company's budget, research industry standards for wages, and evaluate other methods of employee retention. These steps will help her make an informed decision about providing a wage increase.

Jane should first conduct an analysis of her company's budget in order to determine if the $5 raise is feasible. She should consider the current financial situation of the company and decide whether the increase in wages is affordable.

Additionally, she should research industry standards for wages to compare her current wage structure to those of her competitors. This will allow her to determine if the raise is competitive.

Finally, Jane should examine the current turnover rate among her first line supervisors and consider how increasing the wages might affect retention of these valuable employees.

Jane should also take into consideration other methods of employee retention. She could provide incentives such as bonuses, additional vacation days, or enhanced benefits packages. It may also be beneficial to create more engaging work environments, with team building activities, and improved internal communication. These efforts can help maintain a positive work culture and motivate employees to stay.

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robert owns a manufacturing business and tends to hire young men because he believes they're better able to manage the equipment and tend to understand the technology better. how is his attitude a barrier to inclusion?

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Robert's attitude is a barrier to inclusion because it shows a bias toward hiring younger males, which excludes people from other genders and age groups.

This kind of behavior displays implicit bias and discrimination, which can hinder an organization's efforts to build a diverse and inclusive workforce.

Additionally, Robert is restricting the talent pool and avoiding the wealth of expertise and experience that may be acquired from a more diverse staff by solely employing younger males.

Organizations need to be conscious of their biases and make sure they're fostering a culture where everyone is welcome, regardless of gender, age, ethnicity, or other differences.

Organizations must seek to develop a culture of acceptance and inclusion in order to build a truly inclusive workplace.

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when dealing with international trade, economists include as a component of gdp. multiple choice question. totals imports net imports net exports total exports

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When dealing with international trade, economists include net exports as a component of GDP .                                   International trade refers to the trade of goods and services between different Countries.  

 International trade can be classified into two categories: import and export. Exports are goods or services produced in one country and sold to another, while imports are goods or services produced in one country and purchased by another.

Gross domestic product (GDP) is the monetary value of all final goods and services produced within a country during a specific period. It is a measure of a country's economic performance.

GDP is calculated by adding four components: consumption, investment, government spending, and net exports. Therefore, when dealing with international trade, economists include net exports as a component of GDP.

Total imports is the total value of goods and services that a country imports from other countries during a specific period. It is a significant component of a country's trade balance, which is the difference between its exports and imports.

When total imports exceed total exports, it results in a trade deficit, while a surplus is the opposite.

Therefore, when dealing with international trade, economists include net exports as a component of GDP.

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for each of the following unrelated situations, calculate the annual amortization expense and prepare a journal entry to record the expense: a patent with a 15-year remaining legal life was purchased for $756,000. the patent will be commercially exploitable for another six years. a patent was acquired on a device designed by a production worker. although the cost of the patent to date consisted of $88,200 in legal fees for handling the patent application, the patent should be commercially valuable during its entire remaining legal life of 15 years and is currently worth $720,000. a franchise granting exclusive distribution rights for a new wind turbine within a three-state area for four years was obtained at a cost of $72,000. satisfactory sales performance over the four years permits renewal of the franchise for another four years (at an additional cost determined at renewal).

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The patent's cost is $756,000, and its useful life is 6 years Annual amortization expense will be $126,000 and The patent has a cost of $88,200 (legal fees) and a remaining legal life of 15 years will be $5,880.


1. Patent with a 15-year remaining legal life purchased for $756,000 and commercially exploitable for another six years


To calculate the annual amortization expense, you need to divide the cost of the patent by its useful life. In this case, the patent's cost is $756,000, and its useful life is 6 years (commercially exploitable life).

$756,000 ÷ 6 = $126,000

Journal Entry:
Dr. Amortization Expense - $126,000
Cr. Patent - $126,000

2.  Patent acquired on a device worth $720,000 with a legal cost of $88,200 and a remaining legal life of 15 years:

Annual amortization expense: The patent has a cost of $88,200 (legal fees) and a remaining legal life of 15 years. To calculate the annual amortization expense, divide the cost by its useful life.

$88,200 ÷ 15 = $5,880

Journal Entry:
Dr. Amortization Expense - $5,880
Cr. Patent - $5,880

3. Franchise granting exclusive distribution rights for a new wind turbine for four years with a cost of $72,000:

Annual amortization expense: The franchise has a cost of $72,000 and a useful life of 4 years. To calculate the annual amortization expense, divide the cost by its useful life.

$72,000 ÷ 4 = $18,000

Journal Entry:
Dr. Amortization Expense - $18,000
Cr. Franchise - $18,000

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tangible factors group of answer choices include the price and terms of agreement. are psychological motivations that influence the negotiations. include the need to look good in negotiations. cannot be measured in quantifiable terms. include the need to feel respected

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Tangible factors include the price and terms of agreement. Psychological motivations that influence the negotiations include the need to look good in negotiations and the need to feel respected.

What is agreement?

Agreement is an arrangement or understanding between two or more parties in which each party agrees to do certain things or follow certain rules. It is a legal document that is signed by two or more parties who are willing to enter into a contract. It is a binding agreement between two or more parties that contains the details of the agreement, such as the parties involved, the terms of the agreement, the specific promises made, and the consequences of any breach of the agreement. It is an important legal tool that outlines the rights, responsibilities, and obligations of each party to the agreement. Agreement can also be used to settle disputes between parties, define the scope of a business relationship, and protect the interests of each party. Agreement is essential for any business relationship or contract, as it provides a clear understanding of each party's rights and responsibilities.

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covid-19 was an unexpected event that created significant challenges for organizations like carnival. based on the management in action case, what type of change do cruise lines need to implement?

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COVID-19 outbreaks on cruise ships continue to impact both passengers and seafarers. The combination of several homes and the enclosed environment on board allows COVID-19 to spread more quickly than it might elsewhere.

Do cruise lines need to implement?

New-build cruise ships may be much more environmentally friendly and, thus, offer a more sustainable alternative for passengers by integrating energy-saving and emissions-reducing technologies, such as marine waste heat recovery, into the ship's design.

Polluted air, water, and land; whales struck by cruise ships sailing too near to shore; invasive species introduced by pumping ballast water; sewage and trash dumped into the sea. It has been claimed that cruise ships emit as much pollution as one million vehicles.

A survey from CLIA reveals that the cruise sector is on pace to meet its emission targets for 2050. Yet there is still a long way to go. During the past few years, the cruise industry has made significant progress toward becoming one that is more ecologically friendly.

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______ do not have physical attributes.

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HTML elements do not have physical attributes.

What are HTML elements?

HTML elements are the building blocks of HTML pages, consisting of tags and text. An HTML element is described by a beginning tag, some content, and an ending tag. Here is an example of an HTML element: This is a paragraph element.

What are physical attributes?

Attributes in HTML are used to provide additional information about HTML elements. Attributes are always defined in the beginning tag of an element, and they appear as name/value pairs, with the name being the attribute and the value being the attribute value.For example, the height and width attributes are physical attributes that are commonly used for images. The "src" attribute, on the other hand, specifies the URL of the image to be shown. All of these are examples of physical attributes. HTML elements, on the other hand, do not have physical attributes.

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Some examples of things that do not have physical attributes include emotions, thoughts, and ideas. Emotions such as happiness, sadness, anger, and fear are not physical in nature.

They are subjective experiences that are felt internally and cannot be seen or touched. For example, you cannot physically observe someone's happiness or touch someone's sadness.

Thoughts and ideas also do not have physical attributes. They exist within our minds and are not tangible or visible. We can think about concepts like love, justice, or freedom, but we cannot physically see or touch these ideas.

In summary, things that do not have physical attributes include emotions, thoughts, and ideas. These are intangible and exist within our minds rather than in the physical world.

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a 3.750 percent tips has an original reference cpi of 186.2. if the current cpi is 211.5, what is the par value and current interest payment of the tips?

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The par value and current interest payment of the TIPS with an original reference CPI of 186.2 and a current CPI of 211.5 and an interest rate of 3.750% are $880 and $16.50, respectively.

we need to use the following formula:

Par Value = (Original Reference CPI / Current CPI) x Face Value

Interest Payment = (Par Value x Interest Rate) / 2

Where:

Original Reference CPI = 186.2

Current CPI = 211.5

Interest Rate = 3.750%

Face Value = $1000 (assuming the face value of TIPS is $1000)

First, let's calculate the par value using the above formula:

Par Value = (186.2 / 211.5) x $1000

Par Value = 0.88 x $1000

Par Value = $880

So, the par value of the TIPS is $880.

Next, let's calculate the current interest payment using the above formula:

Interest Payment = ($880 x 3.750%) / 2

Interest Payment = ($33 / 2)

Interest Payment = $16.50

So, the current interest payment of the TIPS is $16.50.

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a top-level executive of a tire manufacturer is considering diversifying and expanding operations into china, where labor and materials are cheaper. the firm has already diversified itself to double its original number of locations. all of its newest locations have been implemented by the same executive. so far, the return on investment for each of the newer locations is negative. why might the executive want to open yet another location? a. the larger the firm gets, the less compensation the executive will receive because no value has been created. b. the larger the firm gets, the more compensation the executive will receive, even if no value has been created yet. c. the executive is worried about creating jobs, even if there is no value created for the manufacturer. d. the executive predicts that the return on investments will provide positive returns soon.

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The answer to the question is option D: The executive predicts that the return on investments will provide positive returns soon.

What is diversification?

Diversification is a business strategy that allows a company to venture into new lines of business with the intention of generating additional revenue streams and lowering overall risk. Diversification allows businesses to grow and compete in new markets by adding new products and services to their portfolio.

When the company diversifies into new lines of business, it can help mitigate the risk of a single product, service, or market performing poorly. When they are considering diversifying, it may be risky because they have to invest a significant amount of resources upfront to get the new operation off the ground.

In the given scenario, the top-level executive of a tire manufacturer is considering diversifying and expanding operations into China. The firm has already diversified itself to double its original number of locations. All of its newest locations have been implemented by the same executive.

So far, the return on investment for each of the newer locations is negative. From the above statement, we can conclude that the executive wants to open another location because he predicts that the return on investments will provide positive returns soon.

Hence, the correct option is d. The executive predicts that the return on investments will provide positive returns soon.

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An individual moves through five stages before adopting a product. The five stages include all of the following EXCEPT ________.
Select one:
a. interest
b. adoption
c. validation
d. evaluation
e. awareness

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An individual moves through five stages before adopting a product. The five stages include all of the following EXCEPT interest. option a. is correct.

Before someone decides to buy a product or service, they must go through a series of five stages. These stages, in order, are as follows:

awarenessInterestEvaluationValidationAdoption

The consumer becomes aware of the existence of a product. This can be accomplished in a variety of ways, including advertisements, word-of-mouth, and online searches.

The consumer has a growing interest in the product as a result of learning about it. As consumer learns more about the product, their interest grows.

The consumer evaluates the product in terms of how it will meet their requirements. The consumer takes a closer look at the product's features, pricing, and value proposition.

The consumer compares the product to other similar products available in the market. This may include checking out reviews online, comparing prices, or talking to other people who have used the product.

Finally, the customer decides to buy the product, putting all of their knowledge and information to use. They have examined all of the alternatives and determined that this product is the best for their needs. Therefore, the correct option is a.

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you'd like to see what your average revenue would be if you increased average prices by 10%. you forecast that your average quantity sold would decrease by 10% as a result of the price increase. what would be the new forecasted average revenue per item?

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To calculate the new forecasted average revenue per item, we can use the following formula: New forecasted average revenue per item = Current average revenue per item * 1.1 * 0.9

What does this mean?

Here, 1.1 represents the 10% increase in average prices, and 0.9 represents the 10% decrease in average quantity sold.

For example, if the current average revenue per item is $50, the new forecasted average revenue per item would be:

New forecasted average revenue per item = $50 * 1.1 * 0.9

= $49.50

Therefore, the new forecasted average revenue per item would be $49.50 if the average prices were increased by 10% and the average quantity sold decreased by 10%.

Note that this is just an example.

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consider the following t-account for cash. cash 13,000 8,200 4,400 1,900 3,500 5,500 1. compute the balance of the cash account.

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The balance of the cash account is $18,500.

To compute the balance of the cash account using the T-account, you need to add up all the debits and credits:

Debits:

13,000

8,200

4,400

1,900

Credits:

3,500

5,500

To find the balance, you need to subtract the total credits from the total debits:

Total Debits = 13,000 + 8,200 + 4,400 + 1,900 = 27,500

Total Credits = 3,500 + 5,500 = 9,000

Balance = Total Debits - Total Credits

Balance = 27,500 - 9,000

Balance = 18,500

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you decide to start a new e-commerce company. you will need to raise money to get it off the ground. what type of resource are you seeking to help get your business started? responses capital capital natural natural human human entrepreneurship

Answers

Capital type of resource are you seeking to help get your business started. The answer is OPTION A

Money to launch a new company, as well as tools, structures, equipment, and whatever else individuals create to produce things and render services, are all considered capital resources. The products that the residents of Community ville generated are referred to as capital resources.

The distinction between the five types of capital—financial, natural, created, human, and social—is helpful. All are stocks with the ability to generate flows of outputs that are seen to be economically desirable. The sustainability of economic progress depends on the maintenance of all five types of capital.  The answer is OPTION A

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three years ago, jkl co. issued bonds with a 15-year maturity then and at a coupon rate of 7.8 percent. the bonds make semiannual payments. if the ytm on these bonds is 9.1 percent, what is the current bond price?

Answers

The current bond price is $307.

To calculate the current bond price, we need to use the present value formula:

[tex]PV = C * [1 - (1 / (1 + r)^n)] / r + F / (1 + r)^n[/tex]

where:

PV = present value of the bond

C = coupon payment

r = yield to maturity (YTM) or required rate of return

n = number of periods (in this case, semiannual periods)

F = face value of the bond

First, we need to calculate the semiannual coupon payment:

C = Face value x Coupon rate / 2

C = $1,000 x 7.8% / 2

C = $39

Next, we can plug in the values and solve for PV:

PV = $39 * [1 - (1 / (1 + 0.091 / 2)^(152))] / (0.091 / 2) + $1,000 / (1 + 0.091 / 2)^(152)

PV = $39 * [1 - (1 / 1.82294)] / 0.0455 + $1,000 / 3.4596

PV = $39 * 0.45145 + $289.05

PV = $17.95 + $289.05

PV = $307

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at what rate was the amount of oil in the well decreasing when there were 1.5 million barrels of oil remaining

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The rate of oil depletion in a well is determined by its natural production rate, which can vary depending on the size of the well and the pressure it is under. When there were 1.5 million barrels of oil remaining in the well, the rate of depletion would have been dependent on this production rate.

In general, the rate of depletion would have been fairly low, as the well would have been near the end of its production cycle.

To understand the rate of oil depletion further, you would need to have knowledge of the production rate and other factors that influence the amount of oil being produced. This could include the pressure within the well, the depth of the well, the amount of oil being extracted, and the number of other wells in the same area.

In conclusion, the rate of oil depletion in a well when there were 1.5 million barrels of oil remaining would have been determined by its natural production rate, which can vary depending on several factors.

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what would happen to the optimal amount of pollution if studies found dangerous effects of so2 cause cancer and the government takes away subsidies to companies for cleaning up their pollution?

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Optimal amount of pollution if studies found dangerous effects of SO2 cause cancer and the government takes away subsidies to companies for cleaning up their pollution is Uncertain.

The "optimal" level of pollution is the one that benefits society as a whole the most. This is referred to as the moment at which society receives all pollution reductions for which the advantages outweigh the disadvantages.

A benefit granted to a person, company, or institution is known as a subsidy, and it is typically provided by the government. Payments made in cash are an example of a direct payment (such as tax breaks). The purpose of the subsidy is often to alleviate some sort of hardship, and it is frequently seen to be in the public's best interest to provide it in order to further a social good or economic policy.

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one company wishes to acquire another. which one of the following does not require a formal vote by the shareholders of the acquired firm? group of answer choices a horizontal acquisition of assets an acquisition of stock a consolidation a merger a vertical acquisition of assets

Answers

An acquisition of stock does not require a formal vote by the shareholders of the acquired firm.

When a company wishes to acquire another, it can do so through various methods such as horizontal acquisition of assets, consolidation, merger, vertical acquisition of assets, and acquisition of stock. In most cases, a formal vote by the shareholders of the acquired firm is required for the acquisition to proceed.

However, in the case of an acquisition of stock, the acquiring company purchases a significant amount of shares from the target company's shareholders, but does not take control of the company. Instead, the acquired company remains an independent entity, and its shareholders retain their ownership in the company. Therefore, a formal vote by the acquired firm's shareholders is not required for an acquisition of stock to occur.

It's important to note that while an acquisition of stock does not require a formal vote, it still requires regulatory approval and may involve negotiations between the two companies to determine the terms of the transaction.

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how much is diane's tax liability? (assume bob and sue's marginal tax bracket is 24% and diane's tax bracket is 10%)

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Diane's total tax liability for the year would be $3,000.

Diane's tax liability would depend on her taxable income for the year. Without knowing that information, it is impossible to calculate her exact tax liability.

However, we can provide a general formula for calculating tax liability, which is:

Tax liability = taxable income x marginal tax rate

Let's assume that Diane's taxable income for the year is $30,000.

Her marginal tax bracket is 10%, which means that the first $9,875 of her taxable income is taxed at 10%. The remaining $20,125 is taxed at a higher rate, but we do not know what that rate is, as the question only provides information about Bob and Sue's marginal tax bracket of 24%.

Therefore, to calculate Diane's tax liability, we need to determine how much of her taxable income falls into each tax bracket.

We know that the first $9,875 is taxed at 10%, so her tax liability for that portion of her income is:

$9,875 x 0.10 = $987.50

To calculate her tax liability for the remaining $20,125, we need to know what her marginal tax rate is for that amount. If her taxable income was $39,375 or less, her marginal tax rate for that portion of her income would be 12%.

If her taxable income was between $39,376 and $84,200, her marginal tax rate for that portion of her income would be 22%. We do not have enough information to determine which tax bracket Diane falls into, so we will assume that her marginal tax rate for the remaining $20,125 is also 10%.

Her tax liability for that portion of her income would be:

$20,125 x 0.10 = $2,012.50

Therefore, Diane's total tax liability for the year would be:

$987.50 + $2,012.50 = $3,000.

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a journal entry has only two lines: a) decrease in one owners' equity account, b) decrease in a second owners' equity account.

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A journal entry has only two lines then  a) is a DR and b) is a CR so the entry is valid  (option 1).

To understand this, we need to know the basic principles of accounting. The accounting equation is Assets = Liabilities + Owners' Equity. This means that any increase in Owners' Equity will result in a corresponding decrease in either Assets or Liabilities.

Now, let's analyze the given journal entry. The first line states an increase in Owners' Equity, which means that the equity of the business has increased.

Based on the rules of double-entry accounting, every journal entry must have an equal debit and credit amount. In this case, we have only two lines, so we need to determine which account is being debited and which account is being credited.

Option 1 states that a) is a DR (debit) and b) is a CR (credit), which means that the journal entry is valid. This is the correct option because an increase in Owners' Equity is usually credited, and a decrease in Dividends is usually debited.

Therefore, the correct answer is option 1.

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Complete Question:

A journal entry has only two lines: a) Increase in Owners' Equity, b) Decrease in Dividends. Multiple Choice

1)  a) is a DR and b) is a CR so the entry is valid

2)  a) is a DR and b) is a DR so the entry is NOT valid

3)  a) is a CR and b) is a CR so the entry is NOT valid

4)  a) is a CR and b) is a DR so the entry is valid

if a check correctly written and paid by the bank for $128 is incorrectly recorded in the company's books for $182, how should this error be treated on the bank reconciliation?

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If a check correctly written and paid by the bank for $128 is incorrectly recorded in the company's books for $182, then the amount of error be treated on the bank reconciliation is $54.

Bank reconciliation is the process of matching and comparing a company's internal records of cash transactions with the records provided by the bank.

In the scenario given, the check was correctly written and paid by the bank for $128, but was incorrectly recorded in the company's books for $182. This means that there is a discrepancy of $54 between the bank's records and the company's records.

The entry would involve debiting the account that was originally credited when the erroneous entry was made and crediting the correct account for the original transaction amount of $128.

The entry would also involve recording an additional debit for the $54 overstatement and crediting the cash account.

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rrr performs a transaction by a wire order in a customer's account what is true of such situations under finra rules

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When rrr performs a transaction by a wire order in a customer's account, A principal of the firm is required to review and approve such transactions. to such situations under FINRA rules.

What is FINRA?

FINRA, which stands for Financial Industry Regulatory Authority, is a United States regulatory body that manages the stock market, stockbrokers, and broker-dealers. FINRA enforces rules to protect investors and ensure market integrity through its authority.

FINRA rules are guidelines that securities companies and brokers must follow. FINRA has established regulations for the securities industry and its players in order to safeguard investors and maintain market stability.

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Who was not among the singers/entrepreneurs inspired by Sam Cooke? James Brown Bobby Womack Johnny Taylor Otis Redding Berry Gordy

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Otis Redding was not among the singers/entrepreneurs inspired by Sam Cooke.

Sam Cooke was an American gospel, R&B, soul, and pop singer, songwriter, and entrepreneur. He is commonly referred to as the King of Soul. His distinctive voice and songwriting abilities set him apart from his contemporaries and influenced a wide range of musicians that followed him

Entrepreneurs are people who take risks to start businesses or undertake significant ventures to make a profit. They are risk-takers, creative, and passionate individuals who believe in themselves and their ideas. Inspired Singers and Entrepreneurs Sam Cooke was an inspiration to numerous singers and entrepreneurs in the music industry. James Brown, Bobby Womack, Johnny Taylor, and Berry Gordy were among them. However, Otis Redding was not among the singers/entrepreneurs inspired by Sam Cooke.

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at the beginning of a buffet meal a manager placed $1,100 worth of food on the buffet line. during the meal another $500 of food was added to the line. at the end of the meal the value of the remaining food was $400. the manager served 100 guests. what was the buffet cost per guest served during this meal period?

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At the beginning of a buffet meal a manager placed $1,100 worth of food on the buffet line. During the meal another $500 of food was added to the line. At the end of the meal, the value of the remaining food was $400. The manager served 100 guests.

The buffet cost per guest served during this meal period is $11.5. At the beginning of the buffet meal, a manager placed $1,100 worth of food on the buffet line. During the meal, another $500 of food was added to the line. At the end of the meal, the value of the remaining food was $400.

The value of the food that was consumed is equal to $1100 + $500 - $400 = $1200.The manager served 100 guests.

The cost per guest served during this meal period = (Buffet cost)/Number of guests

= $1200/100

= $11.5

Therefore, the buffet cost per guest served during this meal period is $11.5.

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