Answer:
B. Family members
Explanation:
A traditional economy is based upon the customs, beliefs, and history of the community. Age-old traditions and beliefs guide economic decisions of production and distribution. The traditional economy is motivated by the social well being of its members and not by profits.
The main economic activities under the traditional economy revolves are subsistence farming, fishing, and hunting. These activities are carried out in family settings. In other words, family members provide labor for economic activities.
The answer is Family Members for A P E X
Short-run projected wealth levels calculated using geometric averages are probably ______________.
a. pessimistic
b. optimistic.
c. foolish.
d. erroneous.
e. confusing.
Answer:
A. pessimistic
Explanation:
A short run project usually does not take time and runs for a short period od time. The geometric average return answers the question what was your average compounded return per year over a particular period. To be pessimistic is said to be when an individual do see the worst of things or believe that the worst will always happen.
If the Federal Reserve buys $250 million worth of U.S. Treasury bills in the open market, and the reserve ratio is 10%, then at most the money supply will:________
Answer: c) potentially increase by $2,500 million.
Explanation:
If the Federal reserve buys $250 million worth of US Treasury bills then they are injecting money into the economy. This money will potentially be deposited in banks which will then use it to create money by continually loaning it out.
Should that be the case, the maximum amount that will be created is calculated by;
= Total cash introduced / reserve ratio
= 250/0.10
= $2,500 million
Cash will potentially increase by $2,500 million.
The price of a European call that expires in six months and has a strike price of $30 is $2. The underlying stock price is $29, and a dividend of $0.50 is expected in two months and again in five months. Risk-free interest rates for all maturities are 10%. What is the price of a European put option that expires in six months and has a strike price of $30?
Answer:
The price of put option is $2.51
Explanation:
The relation between the European Put option and Call option is called the Put-Call parity. Put-Call parity will be employed to solve the question
According to Put-Call parity, P = c - Sо + Ke^(-n) + D. Where P=Put Option price, C=Value of one European call option share. Sо = Underlying stock price, D=Dividend, r=risk free rate, t = maturity period
Value of one European call option share = $2
Underlying stock price = $29
Dividend = $0.50
Risk free rate = 10%
Maturity period = 6 month & 2 month, 5 month when expecting dividend
P = c - Sо + Ke^(-n) + D
P = $2 - $29 + [$30 * e^[-0.10*(6/12)] + [$0.50*e^(-0.10*(2/12) + $0.50*e^(-0.10*(5/12)]
P = $2 - $29+($30*0.951229) + ($0.50*0.983471 + $0.50*0.959189)
P = -$27 + $28.5369 + $0.4917 + $0.4796
P = $2.5082
P = $2.51
Therefore, the price of put option is $2.51
Does anyone know quick ways to make money.
Answer:
Sell products online.
Sell used books on Amazon.
Start a Shopify ecommerce store.
Build a free-plus-shipping ecommerce sales funnel.
Do gigs on Fiverr.
Sell services on Upwork or 99Designs.
Build a high-ticket coaching or consulting funnel.
Answer:
robbing banks, helping out, picking pockets, digging under sofas for lost change, yard sales, bake sales, birthdays, helping out, selling things such as clothes you don't want or need, begging, advertizing, fund raisers, getting a summer job, etc.
Alice just won the lottery and is trying to decide between the options of receiving the annual cash flow payment option of $370,000 per year for 20 years beginning today, or receiving one lump-sum amount today. Mary Alice can earn 4% investing this money. At what lump-sum payment amount would she be indifferent between the two alternatives?
Answer:
the lumpsum payment amount that should be indifferent between the two alternatives is $5,028,411
Explanation:
The computation of the lumpsum payment amount that should be indifferent between the two alternatives is shown below:
Lumpsum amount is
= $370,000 × PVIFA at (4%,20)
= $370,000 × 13.5903
=$5,028,411
Hence, the lumpsum payment amount that should be indifferent between the two alternatives is $5,028,411
The same is to be considered
Discuss the characteristics of the different functional structures used to implement the cost leadership, differentiation, integrated cost leadership/differentiation, and focused business-level strategies.
Explanation:
1-Cost leadership: in this functional structure, the organization's focus is to achieve competitive advantage in business through the strategy of pricing products and services cheaper than those of competitors. For this, it is necessary that the organization is fully integrated in order to join efforts so that there are joint actions in favor of reducing costs.
2- Differentiation: In this strategy, the focus is to offer products and services that are differentiated from those offered by the competition, that is, the organization seeks to offer products and services that have different benefits and characteristics to add value to the consumer, regardless of price.
3- Leadership / integrated cost differentiation: The company needs integration of its production systems, management and network system, so that it is possible to achieve economies of scale that reduce the cost of production and sales, and search for continuous improvement in all its processes .
4- Focused business level strategies: In this strategy, the organization will look for a specific market niche to operate and then look for cost reduction through a price system below those practiced in the market.
HomeFront Construction Company built large, single-family homes for 25 years. Then there was a shift toward more demand for small luxury condominiums, and HomeFront changed its focus. The change in demand could be explained by:_____
a. the increasing number of senior citizens who are "empty-nesters."
b. the fact that consumers in urban areas generally have higher incomes.
c. the increasing number of 45-64 year olds whose children are grown.
d. All of these explanations could be relevant.
Answer:
d. All of these explanations could be relevant.
Explanation:
Change in demand for small luxury condominiums, from large single family homes could be : due to any of these three reasons - changing 'taste & preferences' of people
Increase in senior citizen (old parents) , whose children have moved away from home. So, they might feel settling in community apartments better rather than full lonely homes (without children) Urban area aged people tend to have higher income & financial base for purchasing luxury condominiumsEven if a company has accurate sales forecast information calculated from multiple methods and based on solid data, the company should:
Answer:
prepare for multiple possible scenarios so it can react to whatever happens in the market
Explanation:
Sales forecast is a method of predicting futures sales volumes and patterns. It is used by businesses to make informed decisions on resource allocation.
Sales forecast determines short term and long term performance of the business.
However having accurate sales forecast information calculated from multiple methods and based on solid data does not give full assurance based on fluctuating market forces.
The business will need to prepare for multiple possible scenarios so it can react to whatever happens in the market.
A company should be prepared by ensuring proactiveness to other possible
conditions not contained in the forecast.
A company having accurate sales forecast information calculated from
multiple methods and based on solid data doesn't guarantee that deviations
can't occur. Sales information can only be forecasted and other activities can alter the speculated sales information.
For example, the lockdown during the cov-id era caused most
shops to be shut down as a result of the self isolation carried out in
respective homes. This is a deviation in the norm and companies who
weren't prepared for it ran into debts and became liquidated.
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dry cleaning is also known as
Answer:
Dry scouring.
Explanation:
Here's some information for you incase you needed to know alittle more. Just write it in your own words do not copy.
Selma operates a contractor's supply store. She maintains her books using the cash method. At the end of the year, her accountant computes her accrual basis income that is used on her tax return. For 2015, Selma had cash receipts of $1.4 million, which included $200,000 collected on accounts receivable from 2014 sales. It also included the proceeds of a $100,000 bank loan. At the end of 2015, she had $250,000 in accounts receivale from customers, all from 2015 sales.
Required:
a. Compute Selma's accrual basis gross receipts for 2015.
b. Selma paid cash for all of the purchases. The total amount paid for merchandise in 2020 was $1,300,000. At the end of 2019, she had merchandise on hand with a cost of $150,000. At the end of 2020, the cost of merchandise on hand was $300,000. Compute Selma's gross income (profit) from merchandise sales for 2015.
Answer:
a. $1,350,000
b. $200,000
Explanation:
The computation is shown below;
a. Accrual basis gross receipts for the year 2015 is
= Cash receipts + account receivable from year 2015 - collection in account receivable - proceeds of bank loan
= $1,400,000 + $250,000 - $200,000 - $100,000
= $1,350,000
b. Now the Gross income or profit is
As we know that
Gross profit is
= Sales - cost of goods sold
= $1,350,000 - ($1,300,000 + $150,000 - $300,000)
= $1,350,000 - $1,150,000
= $200,000
Sooner Machinery Company purchased a delivery truck at a cost of $56,000 on March 10, 2018. The truck has a useful life of six years with an estimated salvage value of $5,000. Compute the annual depreciation for the first two calendar years using
a. The straight-line method.
b. The 150% declining-balance method.
Answer:
Results are below.
Explanation:
Giving the following information:
Purchase price= $56,000
Useful life= 6 yearsd
Salvage value= $5,000
a. To calculate the annual depreciation, we need to use the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (56,000 - 5,000) / 6= $8,500
Year 1:
Annual depreciation= (8,500/12)*10= $7,083.33
Year 2:
Annual depreciation= $8,500
b. To calculate the annual depreciation, we need to use the following formula:
Annual depreciation= 1.5*[(book value)/estimated life (years)]
Year 1:
Annual depreciation= [(1.5*8,500)/12]*10= $10,625
Year 2:
Annual depreciation= [(51,000 - 10,625)/6]*1.5
Annual depreciation= $10,093.75
The plant and production benchmark data on p.6 of each issue of the Footwear Industry Report
A. Provide valuable feedback to company managers regarding whether the prices being charged for the company's branded footwear are too hight or too low.
B. are especially helpful to company managers in determining whether their company is overspending on advertising.
C. are primarily useful to managers in determining whether their company's total manufacturing costs are low enough to enable the company to meet or beat the EPS targets established by investors.
Answer:
A. Provide valuable feedback to company managers regarding whether the prices being charged for the company's branded footwear are too hight or too low.
Explanation:
Benchmarking is used by companies to compare products, processes, and prices with others in the industry. This ensures that the company maintains competitive edge that is on par with others in the industry.
In the given scenario benchmarking will help a company know if the price they are charging for their footwear is high or low compared to other companies offering similar services.
In a competitive market if the price offered by one supplier is high compared to others they will move to a cheaper supplier. So it is important to maintain a price that will attract customers
Reports are aimed at helping decision-makers to find out if their policies are right or not. The plant and production benchmark data on p.6 of each issue of the Footwear Industry Report;
A. Provide valuable feedback to company managers regarding whether the prices being charged for the company's branded footwear are too high or too low.On page 6 of the Footwear Industry Report, we see a table that shows us the price range and daily units of production of footwear.
The number of exports is also recorded. With this, managers can determine whether the prices are high or low based on exports.
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Question 9 OTTU
Which of the following is not affected by a person's credit score?
A. Credit card rates
B. Federal income tax
C. Apartment rent
D. Ability to get a cell phone contract
Write an essay about the effect of cost and production on our economy.
Answer:
Costs and production are both very important for the economy.
Explanation:
Costs are the values of the goods and services used for the production of other goods and services. For example, for the production of a chair, we must factor the cost of the raw material: wood, and the cost of direct labor: the wage of the carpenter.
Costs therefore, are crucial in determining the amount of output in an economy.
Cost also determine help determine the market structure of the economy. In general terms, when costs are high, profits are lower, which attracts less firms to the sector, and results in less competitive market structures such as oligopoly or monopoly.
The opposite is true when costs are low, because in this situation profits are likely to be higher, which attracts more firms to the sector, resulting in more competitive market structures like perfect competition or monopolistic competition.
Finally, we can say that the production of goods and services is important because it is the most important factor in determining the living standars of people in an economy. When many goods and services are produced, people obtain higher incomes because they are paid for the production of these goods and services.
Which type of borrowing option would most likely result in the borrower
paying the highest amount of interest?
A. A card with a low compound interest rate
B. A card with a high compound interest rate
C. A card with a low simple interest rate
D. A card with a high simple interest rate
Answer:
B. A card with a high compound interest rate
Explanation:
A.P.E.X
Jamison owns a rental cabin in Mammoth, and travels there for maintenance three times a year, between January and June. The round trip to Mammoth from San Diego where Jamison lives, is approximately 405 miles. How much travel costs can Jamison deduct per year related to his rental cabin?
a. $248
b. $686
c. $743
d. $1,352
Answer:
686
Explanation:
The question says that he travels to the cabin 3 times a year.
The trip to where cabin is located is 405 miles
We are to solve for the Amount of deduction allowed to Jamison for him to maintain his cabin.
The Amount of deduction = Total number of Miles travelled multiplied by 0.565
405 x3x$0.565 = $686.
So the correct answer is option b.
Bonner company paid $855,000 for a tract of land which included a warehouse and office building. The land, warehouse and office building originally cost $280,000, $180,000, and $340,000 respectively and the current assessed values are $300,000, $200,000, and $400,000 respectively. How should Bonner calculate what value to record for Land?
a. 300,000/ 800,000 x 855,000
b. 280,000/900,000 x 855,000
c. 280,000 /800,000 x 855,000
d. 300,000/900,000 x 855,000
Answer:
Bonner Company
Bonner should calculate the value to record for Land as follows:
d. 300,000/900,000 x 855,000
Explanation:
The Land should be recorded at $285,000 based on the above mentioned formula. The formula considers the current assessed value of the Land versus the amount paid by Bonner for the group of assets (Land, Warehouse and Office Buildings). The computation of the value at which to record the Land and other assets must be proportional to the current assessed values.
If currency held by the public equals $100 billion, reserves held by banks equal $50 billion, and bank deposits equal $500 billion, then the monetary base equals:________
Answer:
the monetary base is $150 billion
Explanation:
The computation of the monetary base is shown below:
Monetary base is
= Currency held by the public + reserve held by the banks
= $100 billion + $50 billion
= $150 billion
Hence, the monetary base is $150 billion
We simply applied the above formula so that the correct value could come
And, the same is to be considered
If your firm expects the euro to substantially depreciate, it could speculate by ____ euro call options or ____ euros forward in the forward exchange market.
a. selling; selling
b. selling; purchasing
c. purchasing; purchasing
d. purchasing; selling
Answer: selling; selling
Explanation:
If a particular firm expects the euro to depreciate, that is the value of the euro will be reduced, such firm will speculate by selling the euro call options or selling the euros forward in the forward exchange market.
This is because such firm will try as much as possible to make as much gain and when there's a speculation about decrease in value, the firm will sell the euro call options.
Lexi buys a food processor and uses it without any problems. She loans the processor to Jill, and Jill is injured when a part flies off the machine. If the former rule of privity of contract were in place, which of the following would be true?
Answer:
Jill cannot hold the manufacturer responsible for her injury.
Explanation:
The above question is incomplete as there are several answer options which are listed below;
• Jill can hold the manufacturer liable for her injury as long as Lexi was in the room when she got
• Jill can hold the manufacturer liable for her injury
• Jill cannot hold the manufacturer responsible for her injury
• Lexi can hold the manufacturer liable for Jill's injury.
The above answer - Jill cannot hold the manufacturer responsible for her injury, is true according to the rule of privity of contract. The rule states that a person who is not a party to a contract does not have right to sue or be sued and to enforce the obligations arising from the contract, unlike a person who is a party to the contract.
With regards to the above scenario, Lexi, who buys a food processor is the party to the contract here, hence can sue and be sued in case of any injury suffered by her, however, Jill whom food processor was loaned to, is the third party here, hence not covered by the rule of privity of contract.
Rachel's Designs has 2,000 shares of 7%, $50 par value cumulative preferred stock issued at the beginning of 2019. All remaining shares are common stock. Due to cash flow difficulties, the company was not able to pay dividends in 2019 or 2020. The company plans to pay total dividends of $23,000 in 2021. How much of the $23,000 dividend will be paid to preferred stockholders and how much will be paid to common stockholders?
Preferred dividends in arrears for 2019 and 2020?
Preferred dividends for 2021?
Total Dividends?
Answer:
Dividend of preferred shares = No of shares * Dividend percent * Par value of shares = 2,000 * 7% * $50 = $7,000
Hence, dividend in arrears for the year 2019 and 2020 is $14,000 ($7,000+$7,000). Dividend for 2021 is $7,000
Description Amount
Preferred dividend in arrear for the year 2019 and 2020 $14,000
Add: Preferred dividend for the year 2021 $7,000
Total preferred dividend $21,000
Less: Total dividend $23,000
Dividend for common shareholder ($2,000)
Hence, dividend paid for cumulative preferred share in the year 2021 is $21,000 and the amount paid for common shareholders is $2,000
How much will be paid to common stockholders is 2,000
Preferred dividends in arrears for 2019 and 2020 is 14,000
Preferred dividends for 2021 is 7,000
Total Dividends is 23,000
Preferred dividends for 2021
(2000 x .07 x $50)= 7,000
Dividend distribution
Preferred dividends for 2019 and 2020 $14,000
(7,000×2)
Preferred dividends for 2021 7,000
Remaining dividends for common stockholders 2,000
(23,000-14,000-7,000)
Total dividends 23,000
(14,000+7,000+2,000)
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i. Examine the current process design of that product or service in alliance with the 4 vs model and illustrate the operational process by using either a Flow Chart or Value Stream Map technique.
Explanation:
junior bro
then am gointo reply it again
what time will we know who won the election?
Answer:
So since many people voted by mail, we may not know till friday, they need to gather everyones mail and obviously since its paper its going to take a while but remember to please vite blue!
The top salary you can make.
A) Career
B) Productivity
C) Earning potential
D) Human capital
Answer:
earning potential
Explanation:
Earning potential refers to the potential gains from dividend payments and capital appreciation shareholders might earn from holding a stock. In other words, it reflects the largest possible profit that a corporation can make
Raymond purchased a utility trailer on 2/18/2018. The trailer was delivered on 3/10/2018. He added side rails and a lift to the bed of the trailer. The work was completed and the trailer ready for use on 4/2/2018. What is the date placed in service?
a. 02/18/2018
b. 03/10/2018
c. 04/02/2018
d. 01/01/2018
Answer:
B. 03/10/2018
Explanation:
The date placed in service is 03/10/2018 since this was the date that this trailer or machine was delivered for use according to the question.
The date in service can be defined to be the date that an inventory item such as this machine was made available for service or in other words made available for use. We use this date to calculate the depreciation on the serial inventory.
Answer:
i think its d
Explanation:
Which of the following states of financial distress would be considered the most troubling for an investor or creditor?
a. restructuring debt
b. paying an accounts payable after the billing date
c. failing to make a required interest payment on time
d. defaulting on a principal payment on debt
Answer:
d. defaulting on a principal payment on debt
Explanation:
Remember, there is usually a penalty when one (either an investor or creditor) defaults on a payment on debt such as having to paying higher interest rates on the existing debt or even affecting your ability to get needed debt in the future.
It is because of this foreknowledge of the financial distress attached to defaulting, making most investors and creditors try as much as possible to avoid this scenario.
Tropical Resort, Inc.'s bonds currently sell for $1,350 and have a par value of $1,000. They pay an 11% coupon rate with interest paid semi–annually, and have a 15-year maturity, but they can be called in 7 years at $1,125. What is their yield to call (YTC)?
Answer:
Their yield to call is 8.672%
Explanation:
The rate of return bondholders receives on a callable bond until the call date is called Yield to call.
Use following formula to calculate the yield to call
Yield to Call = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]
Where
C = Coupon Payment = $1,000 x 11% x 6/12 = $55
F = Face value = $1,000
P = Call price = $1,125
n -= number of periods to call = 7 years x 2 = 14 periods
Yield to Call = [ $55 + ( $1,000 - $1,125 ) / 14 ] / [ ( $1,000 + $1,125 ) / 2 ]
Yield to Call = 46.07 / $1,062
Yield to Call = 0.04336
Yield to Call = 4.336% semiannually
Yield to Call = 4.336% x 2
Yield to Call = 8.672% annually
I NEED HELP!! THIS IS SO CONFUSING!!
Explanation:
AD decreas price level increases and real GDP increase
The following information about the payroll for the week ended December 30 was obtained from the records of Pharrell Co.:
Salaries:
Sales salaries $402,000
Warehouse salaries 210,000
Office salaries 165,000
$777,000
Deductions:
Income tax withheld $135,975
Social security tax withheld 46,620
Medicare tax withheld 11,655
Retirement savings 17,094
Group insurance 13,986
$225,330
Tax rates assumed:
Social security 6%
Medicare 1.5%
State unemployment (employer only) 5.4%
Federal unemployment (employer only) 0.6%
Required:
1. Assuming that the payroll for the last week of the year is to be paid on December 31, journalize the following entries (refer to the Chart of Accounts for exact wording of account titles):
A. December 30, to record the payroll.
B. December 30, to record the employer's payroll taxes on the payroll to be paid on December 31. Of the total payroll for the last week of the year, $40,000 is subject to unemployment compensation taxes.
2. Assuming that the payroll for the last week of the year is to be paid on January 5 of the following fiscal year, journalize the following entries (refer to the Chart of Accounts for exact wording of account titles):
A. On page 11 of the journal: December 30, to record the payroll.
B. On page 12 of the journal: January 5, to record the employer's payroll taxes on the payroll to be paid on January 5. Because it is a new fiscal year, all salaries are subject to unemployment compensation taxes.
Answer:
1) December 30, 202x, wages expense
Dr Wages expense 777,000
Cr Federal income taxes withheld payable 135,975
Cr OASDI taxes withheld payable 46,620
Cr Medicare taxes withheld payable 11,655
Cr Retirement savings (401k) payable 17,094
Cr Group insurance payable 11,655
Cr Wages payable 551,670
December 30, 202x, payroll tax expense
Dr OASDI taxes expense 46,620
Dr Medicare taxes expense 11,655
Dr FUTA taxes expense 240
Dr SUTA taxes expense 2,160
Cr OASDI taxes payable 46,620
Cr Medicare taxes payable 11,655
Cr FUTA taxes payable 240
Cr SUTA taxes payable 2,160
2) December 30, 202x, wages expense
Dr Wages expense 777,000
Cr Federal income taxes withheld payable 135,975
Cr OASDI taxes withheld payable 46,620
Cr Medicare taxes withheld payable 11,655
Cr Retirement savings (401k) payable 17,094
Cr Group insurance payable 11,655
Cr Wages payable 551,670
January 5, 202y, payroll tax expense
Dr OASDI taxes expense 46,620
Dr Medicare taxes expense 11,655
Dr FUTA taxes expense 4,662
Dr SUTA taxes expense 41,958
Cr OASDI taxes payable 46,620
Cr Medicare taxes payable 11,655
Cr FUTA taxes payable 4,662
Cr SUTA taxes payable 41,958
what would be the danger of predicting the number of new subscriptions for a month in which 2,000 hours were spent on telemarketing
Answer:
The main danger that could pose to predicting the number of new subscriptions for a month in which 2,000 hours were spent on telemarketing would be not to consider the cost of said hours of telemarketing when considering the benefits obtained through the new subscriptions.
Thus, if the economic benefits resulting from the subscriptions were considered without subtracting the cost of the telemarketing hours, the accounting of the company's gross profits would be incorrectly recorded, incurring an error that would generate a higher tax burden for the company.