Each of the years 2012, 2013, and 2014 will incur a $6,000 depreciation expense.
figured out as follows:
Amount to Be Depreciated = Cost of $30,000 less Estimated Salvage Value of $0.
For the years 2012, 2013, 2014, and 2015, $30,000 divided by ten years equals $3,000 every year.
The Book Value is $18,000 after 4 years ($30,000 minus $12,000).
Depreciation of the $18,000 book value will be required over the remaining 3 years= $6,000 annually.
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When a business such as carmax sells a used car to an individual for $9,000 then no part of this transaction counts in gdp because the car is used. True or false?.
True.GDP includes the value of all final goods and services produced in a country in a given period of time. It does not include the sale or purchase of intermediate and used goods. Hence when the business sells a used car to an individual, it is not counted in GDP.
Gross domestic product (GDP) is the standard degree of the price brought created through the manufacturing of goods and services in a rustic during a certain period. As such, it additionally measures the earnings earned from that manufacturing or the total quantity spent on final items and services (much fewer imports).
Key Takeaways. GDP can be calculated by adding up all of the money spent by customers, corporations, and authorities in a given duration. It may additionally be calculated with the aid of including up all the cash obtained with the aid of all of the participants within the economic system. In either case, the number is an estimate of "nominal GDP."
Economists frequently agree that the precise GDP boom rate is between 2% and three%. five increase needs to be at 3% to keep a natural fee of unemployment. But you do not need a boom to be too fast. with a purpose to create a bubble, which then leads to a recession while it bursts.
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A limitation of revenue-oriented pricing is that _______. a. it cannot be used by manufacturing companies b. the profit goals of a company are not taken into account c. it does not focus on maximizing the surplus of income over costs d. determining costs can be difficult for many services
A limitation of revenue-oriented pricing is that it does not focus on maximizing the surplus of income over costs.
*Revenue-oriented pricing (also known as profit- oriented pricing or cost based pricing) where the marketer seeks to maximize the profits (i.e. the surplus income over costs) or simply to cover costs and break even.
* It is plan that focuses on increasing company income by maximizing both short and long term sales potential.
*Having a dedicated strategy of this kind is critical, as it is near impossible to grow revenue without a documented plan of action.
The only limitation is it focuses on maximizing the surplus of income over costs.
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The most important economic effect of the internal combustion engine was trade became slower and less efficient. encouraging city workers to commute. increasing the price of gasoline. allowing goods to be shipped farther.
The most important economic effect that the internal combustion engine brought was allowing goods to be shipped farther.
How was the combustion engine beneficial?The combustion engine made it such that cars and other vehicles were able to move faster and over longer distances.
This allowed for goods and services to be shipped over great distances across the U.S. thereby increasing trade.
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Answer:
D
Explanation:
A shopkeeper purchased the building that houses her shop, incurring an obligation to the owner of the building equal to the fair market value of the building plus interest. The obligation is evidenced by a promissory note and secured by a mortgage on the building. Several years later, the shopkeeper sold her business and the building to a third party, who assumed liability for the obligation. At the request of the third party and without the knowledge of the shopkeeper, the original owner of the building agreed to release the mortgage. Subsequently, the third party defaulted on the obligation. The current fair market value of the building exceeds the amount of the unpaid obligation. The original owner of the building sued the shopkeeper for the amount of the unpaid obligation. Can the original owner recover this amount from the shopkeeper
No, the original owner recover this amount from the shopkeeper because "the release of the mortgage discharged the shopkeeper's personal liability."
What are mortgage?When you and a lender enter into a mortgage, the lender is granted the power to seize your property if you are unable to pay back the loan amount plus interest. Mortgage loans are used to either purchase a home or borrow against an existing home's worth.-
The examples of mortgage loans are-
A mortgage would be something you would borrow money against at the bank. Mortgage is a loan taken to purchase property and guaranteed by the same property. An example of a mortgage is the loan you took out when you bought your house.As for the given condition, the owner will not get the amount from the shopkeeper because the building owner's release of the relevant mortgage releases the shopkeeper/mortgagor from personal accountability for the loan made by the original owner of the building (i.e., mortgagee).
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A situation in which accepting one investment prevents the acceptance of another investment is called the: multiple rates of return decision. issues of scale problem. mutually exclusive investment decision. operational ambiguity decision. net present value profile.
mutually exclusive investment
Which category of inventory holding costs would be much higher than average for rapidly changing industries such as personal computers and cell phones
Inventory holding costs would be much higher than average for rapidly changing industries such as personal computers and cell phones in the category of Pilferage, Scrap and Obsolescence costs.
Any business that sells products has one of the highest capital expenditures as inventory. This sort of company's balance sheet is likely to show that inventory consumes a significant amount of working capital and makes up a sizable component of current assets.
Controlling inventory helps businesses avoid the significant expenses associated with overbuying inventory and the stress of operating without it. Even though certain businesses that use just-in-time technique for ordering may have incredibly low inventories, almost every industry needs some sort of inventory, which is best controlled through inventory control systems.
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The U.S. experience of strong economic growth, full employment, and price stability in the late 1990s and early 2000s can be explained by multiple choice 1 a leftward shift of aggregate demand and a leftward shift of aggregate supply. a rightward shift of aggregate demand and a rightward shift of aggregate supply. a rightward shift of aggregate demand and a leftward shift of aggregate supply. a leftward shift of aggregate demand and a rightward shift of aggregate supply.
The strong economic growth , full employment, and price stability in the late 1990s and early 2000s in U.S. can be explained by "rightward shift of aggregate demand and a leftward shift of aggregate supply".
What is rightward shift of aggregate demand and a leftward shift of aggregate supply?The rightward shift and leftward shift according to aggregate demand curve are-
As the components of aggregate demand—consumption spending, investment spending, government spending, and spending on exports minus imports—increase, the aggregate demand curve moves to the right.As the cost of essential inputs increases, the aggregate supply curve moves to the left, creating the potential for reduced output, increased unemployment, and higher inflation. Stagflation is the term used to describe an economy that is both experiencing slow growth and high inflation.he possible reason for the surge of economic growth are-
Therefore, the possible causes of the economic boom include the fact that oil prices were exceptionally low in the mid to late 1990s (the lowest levels since the post-World War II boom), which would have decreased the cost of transportation and manufacturing and boosted economic growth.
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The imposition of a tariff will typically ________ government revenue and ________ domestic production of the good.
The imposition of a tariff will typically increase government revenue and increase domestic production of the good.
What are the effects of a tariff?A tariff is when a company charges an amount on the import of certain goods and services. The purpose of a tariff is to discourage the importation of certain goods and services and increase domestic production.
When a tariff is imposed, import falls and since import is a negative function of the gross domestic product, GDP increases. Also, the income of the government increases when tariffs are imposed.
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___________ is a gross profit factor added to the Index, which determines the new note rate. This number can vary from lender to lender but will remain fixed for the duration of the loan agreement.
The answer is the margin.
The index serves as a benchmark interest rate that captures the state of the market as a whole. Based on the market, the index varies.
An adjustable-rate mortgage loan's interest rate fluctuates based on changes in the index and the loan's margin.
When you apply for the loan, the lender chooses which index your loan will utilize, and this decision often won't alter after closing.
When an adjustable-rate mortgage (ARM )'s rate period expires, the margin is the number of percentage points the mortgage lender adds to the index to determine your interest rate.
Your loan agreement specifies the margin, which won't change after closing. The margin amount varies according to the specific lender and loan.
The fully indexed rate is equal to the margin plus the index.
Hence, the margin is a gross profit factor added to the Index, which determines the new note rate. This number can vary from lender to lender but will remain fixed for the duration of the loan agreement.
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The invisible hand refers to the Multiple Choice fact that the U.S. tax system redistributes income from rich to poor. fact that government controls the functioning of the market system. tendency of monopolistic sellers to raise prices above competitive levels. notion that, under competition, decisions motivated by self-interest promote the social interest.
According to the theory of the invisible hand, when there is competition, self-interested decisions advance the society interests.
What is the invisible hand theory?Adam Smith, a Scottish philosopher and economist, popularized the metaphor of the "invisible hand" to describe the processes by which positive social and economic consequences may result from the collective self-interested acts of individuals, none of whom intend to produce such outcomes.
How is Adam Smith's invisible hand idea still applicable today?An important economic idea that is still relevant today is the invisible hand theory. It may provide insight into the operation of free markets and consumer behavior. Although the idea is significant, it is frequently applied in ways that are inconsistent with Smith's original text or out of context.
What exactly is the "invisible hand" and why is it significant?The term "invisible hand" describes how an individual's self-interests help society as a whole. In other words, through pursuing the profit motive, individuals are required to offer commodities at a cost that others are prepared to pay. Society gains as a result since those goods might not have been created otherwise.
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Arbitration has a ________ level of control over the final outcome and a ________ level of control over the process.
Arbitration has a high level of control over the final outcome and a low level of control over the process.
Arbitration:
Alternative dispute resolution techniques like arbitration can be used to settle conflicts outside of the legal system. One or more people will decide the issue, making the result a "arbitration award."
By agreement of the parties, a dispute is presented to one or more arbitrators through the arbitration process, who then render an official ruling on the matter. Instead of going to court, the parties choose arbitration as a private conflict settlement process.
When two divorce parties are unable to come to an agreement on terms and invite a third party to assist them in their negotiations, it is an example of an arbitration.
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A homeowner hired a contractor to finish her basement. They agreed on a price of $20,000 for the job. During the final stages of the remodeling, the contractor discovered that there was mold in the basement, the existence of which had been unknown to either party. The contractor refused to complete the job unless the homeowner paid an additional $2,000 to the contractor for removal of the mold. The homeowner reluctantly agreed, and the contractor finished the basement in accord with the modified contract. The homeowner paid the contractor $20,000. In a breach of contract action to recover the $2,000, will the contractor prevail?
The inference is that the contractor will prevail because the homeowner agreed to the price increase.
What is an inference?It should be noted that an inference simply means the conclusion that can be deduced based on the information given.
In this base, inference is that the contractor will prevail because the homeowner agreed to the price increase.
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In the ______ decision-making process, everyone can say they have been heard and will support the final decision.
In the Brainstorming decision-making process, everyone can say they have been heard and will support the final decision.
What is Brainstorming?Through the use of a list of ideas that members of the group voluntarily submit, brainstorming is a strategy for fostering collective creativity that aims to solve a particular problem.In other words, brainstorming is a circumstance where a group of people gathers to produce fresh concepts and solutions for a certain area of interest while letting go of inhibitions. People have more mental freedom and offer as many original, unplanned ideas as they can. Following the brainstorming session, all of the ideas are recorded without any criticism.Each person in a circle writes down one idea, gives the piece of paper to the next person, who adds some further ideas, and so on.To learn more about Brainstorming refer to:
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Kwame does not like it when people get close to him when he is using an ATM machine. He prefers that people stay at least 12 feet away while they are waiting him to finish his transaction. According to Hall (1968), Kwame prefers territorial distance when he is using an ATM machine. Group of answer choices True False
According to Hall (1968), Kwame prefers territorial distance when he is using an ATM machine. It is False.
What is Hall (1968)?The movie Hall 1968-9 by British director Peter Gidal is made up of snatches of shots of an internal corridor. Long, medium, and close-up views that have been methodically edited are used to show the doorway, the details of the furnishings, and the architectural characteristics of the room. Other items in the room, like a dish of fruit, posters on the wall, and the door handle, are all depicted, functioning as a kind of "still life." However, the limited time the observer is given to acknowledge these objects makes this portrayal more difficult. What is communication?Information is transformed in communication as it is sent from one person to another. It is the process of swiftly exchanging ideas, thoughts, sentiments, facts, viewpoints, and other things between or among two or more individuals. It entails a methodical, ongoing process of communicating by telling, listening, and understanding. The ability to communicate includes being able to both deliver and receive messages. Information is passed between management and employees through business communication.Know more about Communication with the help of the given link:
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Current projections indicate that by the year 2030, there will be ______ tax-paying workers for every retiree collecting Social Security.
Current projections indicate that by the year 2030, there will be 2.0 tax-paying workers for every retiree collecting Social Security.
A tax is a mandatory fee or financial charge that a government imposes on a person or a business in order to raise money for public projects like building the greatest infrastructure and services. Different public expenditure programs are then funded with the funds that have been raised.There are two main categories of taxes: direct taxes and indirect taxes. Both taxes are implemented in different ways. Some taxes, like the dreaded income tax and corporate tax, are paid directly by you, while others, like sales tax and service tax, are paid inadvertently.The government uses taxes to fund a variety of welfare programs, including job initiatives.Thus this is the answer.
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2. What benefits does Hamilton believe that individual citizens of the United States will accrue as a result of the establishment of such credit
Hamilton felt that building people's public reputations would help them accumulate wealth, which in turn would foster trade and industry. This is further explained below.
What is Alexander Hamilton?Generally, The American revolutionary, politician, and Founding Father Alexander Hamilton (January 11, 1755 or 1757 – July 12, 1804).
In conclusion, In Hamilton's view, establishing a person's public credit would result in them amassing wealth, which would in turn foster trade and industry.
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Several of the readings highlight the differences between firms in realizing IT value. What do you think are the biggest factors in creating these differences?
Several of the readings highlight the differences between firms in realizing IT value. The biggest factors in creating these differences are growth prospects , earning history , location, concentration, staff and management, reputation etc.
Growth prospects - this factor looks at how much potential the business has to grow in the future.
Earning history - In earning history, income is a major factor in valuation of any business.
The importance of IT value is the first way to increase value is simply to increase the speed you deliver the kind of value people are willing to, offer better quality.
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Singapore Airlines is rated one of the best airlines in the world and often requires ticket agents to serve as baggage handlers. What is the logic behind this action
Ticket agents often deal with luggage and so cross-training makes them more efficient.
Singapore Airways has been named this year's 'global's exceptional Airline' in Skytrax's Global Airline Awards. SIA also took the pinnacle spot in the 'world's exceptional First class', 'satisfactory Airline in Asia' and 'exceptional First elegance Airline Seat' categories in the 2018 ratings.
Accomplishing service Excellence price-successfully. SIA has two major assets planes and those and it manages them in order that its carrier is better than its opponents' and its fees are lower. in contrast to different airlines, SIA guarantees that its fleet is usually young.
Singapore has usually been very progressive in relation to patron enjoyment. They have been the first airline to have satellite communications for passengers, and on-demand seatback entertainment screens for economy suites on board their A380.
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Which statement is true about the reliability of secondary data while conducting market research? Economic data about less developed countries are more reliable when reported by these countries. Willful errors in the reporting of marketing data are predominantly absent in most industrialized countries. Official statistics are sometimes too optimistic, reflecting national pride rather than practical reality. Reliability of data remains unaffected by the prevailing tax structures in countries. The data in less developed countries are particularly prone to being less positive in nature when reported by these countries.
The answer is, Reliability of data is affected by the tax structures prevailing in countries.
What is market research with example?When a business has a limited budget or there has already been a lot of market research done on a given issue, they frequently use this type of study. Making note of the most recent data published on a certain topic after conducting an online search on it is an example of market research.What is the main purpose of market research?Sell research is the process of acquiring information about target consumers and demographics to help a firm market itself more successfully and, ultimately, succeed in the market. No matter whether a company is B2B or B2C, large or small, new or established, market research is an essential component of every business plan.How does market research help a business?An efficient instrument for your business strategy is market research. It involves gathering data that can help you understand the thoughts, behaviors, and locations of your clients. Additionally, market research can help you keep an eye on your competitors' moves and track market trends.
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An auto company decided to relocate its offices from Huntsville, Alabama to Orlando, Florida. The human resources manager of the auto company refuses to relocate to Orlando due to family obligations. While she is searching for a new job, the manager will be considered: Group of answer choices Cyclically un
In the given case the human resource manager will be considered frictionally unemployed. Thus the correct answer is B.
What is unemployment?Unemployment is the situation in which an individual is unable to find any job or occupation to meet the financial needs of life after having all the required talents and qualifications.
Frictionally unemployment is a situation when an individual is relocating to another job from one job. In the given situation the manager is not terminated.
The human resource manager resigned from the job due to obligations from family. This shows that she has the skills and talents to pursue and join another job. The period in which she is searching for a job is considered frictional unemployment.
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One of the following statements is false. Which is it? i the time horizon and size of time bucket for the master production schedule can never be longer than those of the aggregate plan. Ii aggregate plans are implemented on a rolling horizon iii aggregate plans often perform planning for fictitious/abstract products iv aggregate planning is a highly integrative activity, requiring input from many areas of the organization, such as marketing, human resources, and accounting.
The statement III Aggregate plans often perform planning for fictitious/abstract products.
Combination-making plans refer back to the method of developing, retaining, and reading the approximate scope of the operations of a commercial enterprise corporation. It commonly includes targeted profits forecasts, stock stages, and manufacturing levels.
Aggregate planning is typically finished 365 days into the destiny. a few examples of combination making plans are hiring short people, shedding employees for a selected period, or bypassing education. This works as a powerful benchmark for diploma beneficial resource utilization and implementation.
The time period mixture means that the making of plans is completed for a single traditional measure of output or, on the maximum, a few aggregated product lessons. The purpose of aggregate planning is to set traditional output ranges within the near medium destiny in the face of fluctuating or unsure needs.
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Environmental forecasting does not involve plausible projections about the ________ of environmental change. direction scope speed lack of intensity
Environmental forecasting does not include reasonable predictions regarding the lack of intensity of environmental change.
How does environmental forecasting work?Environmental forecasting is a technique where managers make decisions today that will assist the company deal with the environment of tomorrow by attempting to foresee the future characteristics of the organizational environment.
What are the techniques for predicting the environment?In this approach, client intentions are predicted using postal questionnaires, phone interviews, or in-person meetings. An anticipatory survey falls under the category of sampling because the respondents are meant to reflect a larger population.
Why is it vital to forecast the environment?Accurate projections help utilities satisfy energy demand and prevent network undesired events like load shedding and blackouts.
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Carver Packing Company reports total contribution margin of $94,000 and pretax net income of $23,500 for the current month. In the next month, the company expects sales volume to increase by 5%. The degree of operating leverage and the expected percent change in income, respectively, are:\
The degree of operating leverage is 4 and the expected percentage change in income is 20%.
Contribution margin = $94,000
Pretax net income = $23,500
Degree of operating leverage = Total Contribution margin / pretax Net income
= 94,000/23,500
= 4
Increase in sales = 5%
Increase in income = Increase in sales volume x Degree of operating leverage
= 5 x 4
= 20%
Due to 5% increase in sales, income will increase by 20%.
Thus this is the answer about the degree of operating leverage and Percent change in income in a month.
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The ________ adopted an elaborate form of interest arbitration, known as the Experimental Negotiating Agreement, in the 1970s as a means of avoiding the long and costly strikes that had made the industry vulnerable to foreign competition.
The United steelworkers of America adopted an elaborate form of interest arbitration, known as the Experimental Negotiating Agreement, in the 1970s as a means of avoiding the long and costly strikes that had made the industry vulnerable to foreign competition.
When two or more parties must decide together yet have differing preferences, they try to negotiate a compromise. In order to strike a compromise when you and the other side have both similar and divergent interests, you and the other side must communicate back and forth.
The United Steelworkers is a general trade organization with members all over North America. It represents workers in the steel, paper, rubber, manufacturing, energy, and allied industrial and service sectors.
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The large global firm, Hyundai, sells its cars along with other car manufacturers around the globe through intra-industry trading. Hyundai takes advantage of economies of scale by having car plants in various parts of the world. How would Hyundai become more globally competitive through more intra-industry trade and better economies of scale
Hyundai would expand to new countries and often more variety to its customers in established markets.
What is manufacturing?Manufacturing is the process of creating or producing items using equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the economy's secondary sector. The phrase can relate to a wide range of human activities, from handcraft to high-tech, but it is most usually applied to industrial design, which involves the transformation of raw materials from the primary sector into finished commodities on a big scale.What is intra-industry trade?The interchange of similar items from the same industry is referred to as intra-industry commerce. The word is most commonly used in international trade, where the same commodities or services are imported and exported.Therefore, Hyundai would expand to new countries and often more variety to its customers in established markets.
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Complete question:
The large global firm, Hyundai, sells its cars along with other car manufacturers around the globe through intra-industry trading. Hyundai takes advantage of economies of scale by having car plants in various parts of the world. How would Hyundai become more globally competitive through more intra-industry trade and better economies of scale?
It would make more ad campaigns in a variety of languages in its currently established countries.It would offer a streamlined choice of colors for its cars where customers could select between four colors.It would expand into new countries and often more variety to its customers in established markets.Which speaker is most likely to make high-risk investments?
Speaker A: I want to invest in
lot of different companies. You never know
when a company is going to have a surprisingly good or bad year.
Speaker B: I invest to get as much money as I can as quickly as I can. I'm not
worried about losing money at all.
Speaker C: I'm nearing retirement, so I need to make sure my investments are
safe. The worst thing that could happen would be losing all of my investments
right before I need them.
Speaker D: I'm concerned that investment is always risky. I prefer to hold onto
my money instead of investing it in companies or banks.
• A. Speaker B
• B. Speaker D
• c. Speaker C
• D. Speaker A
The correct option is Speaker B: I invest to get as much money as I can as quickly as I can. I'm not worried about losing money at all.is most likely to make the high-risk investment?
What is Investment?
Investment is the commitment of a resource to a long-term increase in value. Investment necessitates the loss of a current resource, such as time, money, or effort. In the world of finance, investing is done in order to profit from the asset being put to use.
Investments are defined as assets bought or invested in with the goal of increasing wealth and setting aside funds from salary or capital gains. The main goal of an investment is to generate additional revenue or to make money on the investment over a certain amount of time.
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________ is a form of negotiation in which a neutral third party assists the disputing parties in reaching a settlement of their dispute.
The answer is Mediation
Mediation is a flexible and informal approach of settling disagreements. The duty of the mediator is to help the parties toward their own conclusion. Through combined sessions and separate caucuses with parties, the mediator supports the parties in accurately identifying the problems, understanding each other's viewpoints, and coming closer to resolution.
Most mediations begin with a joint session to establish ground rules and an agenda. The joint session also helps define topics and sets the parties' stances. Generally, parties migrate to different caucuses during the procedure. The mediator would relay messages offers, counteroffers, inquiries, requests, and proposals between the parties in order to assist them reach an agreement.
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What is reality???????????????????????????????
Answer:
Reality is a state of consciousness and awareness whereby one can feel and comprehend his himself and his mind and his soul to live in.WARNING: if this is your exam question, please you might not pass with this answer. lolHope this helps
Good luck ALWAYS ✅.
The approximate worth of a customer to a company in economic terms is known as the _____. a. total customer value b. customer future value c. customer lifetime value d. customer present value e. net present value
The correct option is (c) customer lifetime value.
The approximate worth of a customer to a company in economic terms is known as the customer lifetime value.
Customer lifetime value (CLV) is the sum of a customer's value to a company over the course of their relationship. Increasing the value of your existing customers is a wonderful strategy to spur growth because it is less expensive to retain existing customers than it is to attract new ones.
Customer lifetime value, lifetime customer value, or life-time value are all terms used in marketing to forecast the net profit that will be generated over the course of a customer's entire future relationship.
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The Blank______ stage of the personal selling process is the most difficult because the salesperson must interpret a prospect's body language, statements and questions about a purchase.
The closing stage of the personal selling process is the most difficult because the salesperson must interpret a prospect's body language, statements, and questions about a purchase. This is further explained below.
What is salespersonGenerally, a person whose duty is to sell a product or service in a certain region, at a shop, or via telephone
In conclusion, Due to the complexity of a prospect's body language, remarks, and inquiries during the closing phase of a personal sale, it is often the most challenging part of the sales process.
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