The complete payment is due 45 days from the invoice date, with a 3% discount if the payment is paid within 15 days is 3/15,1/45.
The purpose of a discount is to encourage or boost sales by lowering a product or service's usual price. Both manufacturers and merchants in numerous sectors employ these rebates, which are also sometimes referred to as sales or markdowns.
Discounts result in a lower product selling price, which increases its allure to buyers. Customers' psychological responses to price decreases influence them to make a buy. Cash discounts and transaction discounts are the two different types of discounts available.
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which of the following statements concerning common stock and the investment banking process is not correct?
The following statement about common stock and the investment banking process that is not correct is: Stockholders have the right to elect the firm's directors, who in turn select the officers who manage the business. If stockholders are dissatisfied with management's performance, an outside group may ask the stockholders to vote for it in an effort to take control of the business. This action is called a tender offer (D).
As the owner of a firm's common stock, a stockholder have some main rights, they are:
Voting power on major issuesOwnership in a portion of a companyThe right to transfer ownershipEntitlement to dividendsOpportunity to inspect corporate books and recordsThe right to sue for wrongful actsStockholder has the right to vote for selecting directors and propose for any fundamental changes affecting the company. By owning a common stock, a stockholder can claim on his portion of the assets owned by the company when a corporate is liquidated. Stockholder has the right to transfer and trade his stock on an exchange .
Stockholder will receive a claim to anay profits of the company in the form of a dividend, depending on his share proportion. Stockholder has the right to ask, examine, and evaluate company's basic documents such as the minutes of board meetings. The company is responsible to disclose financials statement periodically to its stockholders. Stockholders may sue the company for any wrongful acts.
The explanation above makes option D seems right. However, there is a misinterpretation about Tender Offer. Let's discuss it now.
Tender offer is a proposa made by an investor to the shareholders of a publicly traded company to sell or tender their shares for a specific premium price at a predetermined time. Tender offer is a strategy for acquisition of one company by anoter.
Hence, option D is incorrect because it has no relation between the stockholders' rights to vote and tender office.
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Complete Question:
Which of the following statements concerning common stock and the investment banking process is NOT CORRECT?
a. The preemptive right gives each existing cmmon stockholder the right to purchases his or her proportionate share of a new stock issue.
b. If a firm sells 1,000,000 new shares of Class B stock, the transaction occurs in the primary market.
c. Listing a large firm's stock is often considered to be beneficial to stockholders because the increases in liquidity and reputation probably outweigh the additional costs to the firm.
d. Stockholders have the right to elect the firm's directors, who in turn select the officers who manage the business. If stockholders are dissatisfied with management's performance, an outside group may ask the stockholders to vote for it in an effort to take control of the business. This action is called a tender offer.
e. The announcement of a large issue of new stock could cause the stock price to fall. This loss is called "market pressure", and it is treated as a flotation cost because it is a cost to stock holders that is associated with the new issue
True or False: When a person is making a decision at the margin he or she is comparing the additional benefit of that activity to the additional cost of the proposed action
The statement above is True. When a person makes a decision at the margin, he compares the additional benefits of the activity with the additional costs and then the desired comparison will be obtained.
Margin is the difference between one field and another. Usually, margin is used to explain profits in the form of a percentage which is calculated based on sales and production figures. In accounting, the term margin is combined with profit as Profit Margin or the difference in profit. The term margin is also known in the world of capital markets. Investors who open accounts with investment managers have what is known as a margin account that can be used to purchase shares. These investors can also borrow additional funds from investment managers to buy shares.
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credit cards are part of select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer. a m1 and m2 b m1 but not m2 c m2 but not m1 d neither m1 nor m2
Credit cards are part of Neither M1 nor M2 Credit cards are not money.
What is money?Money is a trade good accepted by general consent as a medium of economic conversation. It is the medium in which prices and values are expressed. It flows from person to person and country to country, making trade, and it is the debt measure of wealth. Money is any good that is widely used and accepted in written accounts involving the transfer of goods and divine service from one person to another.
Credit cards are not money. Credit cards are a means of transferring money. The credit card firm pays for your purchase and then you pay the credit card company the money it used to pay for your purchase
Therefore, Thus, option (D) is correct.
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zero calories company has 15,000 shares of cumulative preferred 1% stock, $50 par and 100,000 shares of $10 par common stock. the following amounts were distributed as dividends: 20y1 $28,500 20y2 6,000 20y3 110,000 determine the dividends per share for preferred and common stock for each year. if an answer is zero, enter '0'. round all answers to two decimal places. preferred stock (dividends per share) common stock (dividends per share) 20y1 $fill in the blank 1 $fill in the blank 2 20y2 $fill in the blank 3 $fill in the blank 4 20y3 $fill in the blank 5 $fill in the blank 6
if an answer is zero, enter '0'. round all answers to two decimal places. preferred stock (dividends per share) common stock 150,000 ( $100 x .05 x 10,000 x 3)
What distinguishes preferred stock from common stock?The primary distinction between preferred and common stock is that common stock grants stockholders voting rights, whilst preferred stock does not. Preferred shareholders receive dividend payments prior to common shareholders since they have priority over the company's income.
What makes them favored stock?Because they give their owners a priority claim whenever a business pays dividends or distributes assets to shareholders, preferred shares get their name. Preferred shareholders usually do not have a vote in corporate elections, and therefore do not give any preference in corporate governance.
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On December 31, Year 1, a publicly-traded entity identified a tax position that will result in a $100,000 tax benefit that qualifies for measurement and should be recognized. The entity has considered the amounts and possible outcomes of the position being sustained upon examination as follows:Possible estimated outcome Individual probability of occurring Cumulative probability of occurring$100,000 20% 20%30,000 35% 55%10,000 45% 100%100%What amount should be recognized as the tax benefit as of December 31, Year 1?
A $30,000 result has a 35 percent chance of occurring, but the entity cumulatively has a 55 percent chance of receiving at least a $30,000 tax benefit. As a result, $30,000 is the appropriate amount to recognize.
It is best to analyze the result that offers the biggest tax advantage first. The individual probabilities of the remaining outcomes are not necessary to take into account if the individual probability of that result is more than 50%. The measuring phase is over since the best result yielded the largest amount of benefit. Alternately, the second most advantageous result should be evaluated if the individual likelihood of the largest tax benefit is less than 50%. The second most advantageous result should be chosen for measurement if the individual probability of that occurrence, along with the individual probability of the biggest tax benefit, is more than 50%.
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why might abc be helpful for a manufacturing company with products that use inputs (dm, dl, oh) at different rates?
The ABC method be helpful for a manufacturing company with products that this by pinpointing precise overhead expenses and cost factors, which results in more efficient corporate procedures.
What do you mean by the ABC method?Using the activity-based costing (ABC) method, overhead and indirect expenses are allocated to linked goods and services.
In contrast to conventional costing techniques, this accounting method of costing acknowledges the connection between costs, overhead activities, and manufactured goods, allocating indirect costs to products less randomly.
The major objective of implementing the activity-based costing method is to improve an organization's profitability and general performance.
The ABC technique does this by pinpointing precise overhead expenses and cost drivers, which results in more efficient company procedures.
You can have more control over your organization's costs by implementing an ABC Costing system.
Therefore, the ABC method be helpful for a manufacturing company with products that this by pinpointing precise overhead expenses and cost factors, which results in more efficient corporate procedures.
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TRUE OR FALSE In general, total deductible home office expenses are limited to the gross income derived from the business minus business expenses unrelated to the home (that is, they are limited to net Schedule C income before home office expenses).IN
In general, total deductible home office expenses are limited to the gross income derived from the business minus business expenses unrelated to the home is true.
Describe what expenses are.Cost is what expenses simply mean. A cost of operations is what is referred to as an expense in accounting language. It refers to the flow of money received in exchange for commodities or services. Expenses can alternatively be expressed as the total of all activities that typically result in a profit.
What do expenses mean in accounting?A cost of operations is what is referred to as an expense in accounting language. It refers to the flow of money received in exchange for commodities or services. Expenses can alternatively be expressed as the total of all activities that typically result in a profit.
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an investment adviser can give advice on: i nyse listed securities ii options iii commodity futures iv variable annuities
Commodity futures can be the subject of investing advice. Investments are things that are purchased or put into reserve using money from hard-earned income or capital growth in order to increase wealth.
The primary goal of an investment is to establish a new source of income or to produce a profit over a predetermined period of time. An investment is a thing or item bought with the hope of making money or appreciating in value. Appreciation is the term used to describe an asset's value rising over time. A person who invests in commodities does so with the idea of using them to create wealth rather than using them now. An investment is typically the use of a resource, such as time, money, effort, or an item, with the anticipation of a future increase in return on the investment.
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Which of the following controls will most likely justify a reduced assessed level of control risk for the completeness assertion for notes payable? (1) The accounting staff reviews board of director minutes for any indication of any transactions involving outstanding debt to make sure all borrowings are included in the general ledger. (2) All borrowings that exceed $500,000 require approval from the board of directors before loan contracts can be finalized. (3) Before approving disbursement of principal payments on notes payable, the treasurer reviews terms in the note. (4) Accounting maintains a detailed schedule of outstanding note payable that is reconciled monthly to the general ledger.
To ensure that all borrowings are recorded in the general ledger, the accounting team examines board of director minutes for any indication of any transactions regarding outstanding debt.
Which five categories of general ledger accounts are there?Money due to your company is represented by accounts receivable, an asset account. Accounts payable is an expenditure account for money that your company owes. Cash: Any liquid assets that your business possesses, such as owners' equity (an equity account).
A ledger is it a cash book?A cash book is an account within a general ledger, but a cash book is a distinct ledger where cash transactions are recorded. A cash account is set up like a ledger, but a cash book acts as both a journal and a ledger.
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ProServ Inc. is a company that sells pool supplies. The company is projecting an increase in sales in the next 12 months and is looking to fill the senior positions through internal recruiting to meet this demand. The company is evaluating the individual performances and seeking to develop some ranking of the individuals within a work group to identify the best performer. Which of the following approaches is the company using?
the quality approach
the results approach
the comparative approach
the behavioral approach
the attribute approach
Pro Serve Inc. is a company that sells pool supplies. The comparative approach of the following approaches is the company using. Thus, option (c) is correct.
What is company?The term "company" refers to the legal entities that are legally registered in accordance with the Company Act. The company's main goal is to earn a higher profit, and they maintain goodwill.
According to the Pro Serve Inc. is a company are the main work to the pool supplies. The company are the main goal to the next 12 months of the increases the sales. The company are the used of the comparative approach on the individual performance.
As a result, the relative approaching is the organisation using. Therefore, option (c) is correct.
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norbett incorporated generated $15,230,000 ordinary taxable income and realized a $238,000 net capital loss on the sale of marketable securities this year. which of the following statements is false?
The statement that is false is they realized $238,000 net capital loss on sale of marketable securities this year.
What is a security?A security is financial asset that may be traded. Although the phrase's legal definition varies depending on the jurisdiction, it is typically used to describe any type of financial instrument. Even if the underlying legal and regulatory structure might not have a definition as broad as that, the word "security" is frequently used in many countries and languages to refer to any kind of financial instrument. There are two types of certificates: bearer certificates, which give the holder rights only by holding the security, and registered certificates, which only give rights if the certificate is included on a security register maintained by the issuer or an intermediary. They come in the form of restricted partnership units, stock options, other options, fund manager shares, corporate bonds, or common stock or stock shares of the corporation.
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given the valuations in the previous table, itis profitable for eric to bundle his water sport equipment. this is due, in part, to the fact that the valuations of both consumer types are correlated.
Valuation is the manner of finding out the worth of an asset or company. Valuation is vital due to the fact it offers potential buyers with an thought of how a lot they should pay for an asset or enterprise and for prospective sellers, how a great deal they must promote for.
What is an instance of valuation?It is calculated via multiplying the company's share charge through its complete wide variety of shares outstanding. For example, as of January 3, 2018, Microsoft Inc. traded at $86.35. 2 With a total quantity of shares top notch of 7.715 billion, the business enterprise should then be valued at $86.35 x 7.715 billion = $666.19 billion.
What are the three strategies of valuation?When valuing a employer as a going concern, there are three principal valuation methods used through industry practitioners: (1) DCF analysis, (2) same organization analysis, and (3) precedent transactions.
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https://brainly.com/question/20813161#SPJ4the difference between what was paid for goods and what should have been paid for goods is called . group of answer choices percentage variance relative variance variable labor variance price variance
The correct reply is fee variance.
Price variance is the authentic unit price of a purchased item, minus its widespread cost, extended via the quantity of genuine units purchased.
What is a rate variance example?Sales Price Variance Example
The save ends up selling all 50 shirts at the $15 price, bringing in a gross income total of $750. The store's income price variance is the $1,000 trendy or predicted income income minus $750 genuine income received, for a difference of $250.
What causes rate variance?Causes of the Materials Price Variance
Market-driven pricing changes, such as changes in the expenses of commodities. Bargaining strength modifications by means of suppliers, who can also be able to impose greater expenditures than expected. Buying in unusually massive or small volumes in comparison to what used to be expected when the widespread was created.
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https://brainly.com/question/20598983#SPJ4Which of the following statements concerning extensions of time to file an individual tax return is TRUE?
a. The extension of time to file does not extend the time for payment of tax
b. The extension of time to file is for four months
c. An individual who requests an extension of time to file must provide the IRS with a reasonable explanation
d. The IRS may deny an extension request if the taxpayer fails to provide a reasonable explanation
From the following statements concerning extensions of time to file an individual Tax return, Option A is true.
The extension of time to file an individual duty return doesn't extend the time for payment of duty.
A duty return is a document filed with a duty authority that reports income, charges, and other applicable fiscal information. On duty returns, taxpayers calculate their duty liability, schedule duty payments, or request refunds for the remittance of levies.
While duty returns and duty refunds aren't the same, they're nearly related. You'll get a refund if you overpaid your levies the time before. This can occur if your employer withholds too consequential from your hires.
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berry farm inc. employs hundreds of seasonal and permanent workers, both skilled and unskilled, in three states. under federal immigration law, berry farm can hire undocumented immigrants
Under no circumstances berry farm can hire undocumented immigrants.
It is illegal for an employer to hire an undocumented immigrant in the US. Employers are breaching the law if they intentionally hire illegal immigrants. Because they must check their social security number and work visa with the immigration office, even if the employer is unaware that they are working illegally, they are still breaking the law. Every employer has a unique method in place to determine whether an applicant is an immigrant with valid documentation.
The Immigration and Naturalization office is where undocumented immigrants can apply for a work visa. While they wait for a judgment, they will have to go through a protracted process and return to their native country.
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type of loan/investment annual rate of return (%) automobile loans 9 furniture loans 11 other secured loans 12 signature loans 13 risk-free securities 10
As per the question, after computing the type of loan/investment then the Total Projected Annual return will be $188,300
Let,
A = auto loans
F = furniture loans
O = other secured loans
S = signature loans
R = risk-free securities
Objective value:
MAX 0.08A +0.10F+0.11O+0.12S+0.09R
Case 1: R is less than or equal to 0.30
= R is less than or equal to $600,000
Case 2: S is less than or equal to 0.10(A+F+O+S)
=0.90S-0.10A-0.10F-0.10O is less than or equal to 0
Case 3: F+O is less than or equal to A
Case 4:O+S is less than or equal to R
Casec5:A, F, O, S, R is greater than or equal to 0
Case 6: A+F+O+S+R is less than or equal to 2M
Therefore, by the above working note:
Type of Loan/Investment Fund Allocation per Loan ($)
Automobile loans 667,500
Furniture loans 332,500
Other secured loans 335,000
Signature loans 165,000
Risk-free securities 500,000
Total 188,300
Hence, the Total Projected Annual return is $188,300
Note that the full question is:
The employee credit union at State University is planning the allocation of funds for the coming year. The credit union makes four types of loans to its members. In addition, the credit union invests in risk-free securities to stabilize income. The various revenue-producing investments together with annual rates of return are as follows:
Type of Loan/Investment Annual Rate of Return (%)Automobile loans 8
Furniture loans 10
Other secured loans 11
Signature loans 12
Risk-free securities 9
The credit union will have $2 million available for investment during the coming year. State laws and credit union policies impose the following restrictions on the composition of the loans and investments
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andy bryant is a network analyst at freewoods centre for policy research. there are approximately 35 employees currently working on various issues of policy making and research, and this requires access to the network's resources. he has been asked to set a list of dos and don'ts for all the employees to clarify what is acceptable use of company it resources and what is not. he also needs to explain penalties for violations and describe how these measures protect the network's security. analyze which of the following security policies andy should implement in this scenario.
Andy should implement in this scenario. An AUP (acceptable use policy).
An acceptable use policy is one that consists of a general statement regarding the safe and good use of e-mail and the Internet.
Please note that based on the above, the Acceptable Use Policy has been created for the safety of all people using the Internet. The Acceptable Use Policy, Acceptable Use Policy or Fair Use Policy are the applicable rules of the owner, creator or user. the administrator of a computer network website or service. It limits the ways in which a network, website or system can be used and sets guidelines for its use
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calculate the tax adjustment for allowances. an employee will have less federal income tax withheld for every allowance that they claim. allowances account for the number of dependents they will claim on their taxes and other factors that will ultimately reduce the amount of federal taxes they will pay. the adjustment for allowances is calculated as the product of the number of allowances (in the employee information section), the allowance deduction amount (in the model assumptions), and the employee federal income tax rate (calculated in task 10).
Due to the tax adjustment for allowances, less federal income tax will be taken from an employee's paycheck for each allowance they claim.
Taxation is the process of raising money by withholding a certain amount from the import, export, purchase, and sale of goods and services.
According to the firm records, the tax adjustment for allowance is expected to be a percentage of uncollectible accounts and credit sales as they generate revenue.
For the tax year, the federal income tax rates are at 10%, 12%, 22%, 24%, and 32%. 35%, and 37%.
Tax adjustments are transactions that are made to the "Tax Payable" account to alter the amount in order to determine the actual tax liability that must be paid to the tax authority.
You would need to make a tax adjustment entry at the conclusion of the payment period before paying the tax authority to offset the amounts in the input and output tax accounts and move the difference to the tax payable account (to book the liability).
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select the correct statement about executive compensation plans involving stock. the total amount of compensation expense for a restricted stock award plan is recognized when the stock is issued. the total amount of compensation expense for a restricted stock award plan is determined at the grant date. for stock-appreciation rights plans payable in cash, compensation expense is recognized only during the service period. for stock-appreciation rights plans payable in cash, compensation expense recognized in any given reporting period cannot be negative.
The total amount of compensation expense for a restricted stock award plan is determined at the grant date is about executive compensation plans involving stock.
The right plan for your company will depend on a number of factors, including the size, the industry, and the executive team.
Finding the right executive compensation plan can be a complex process, but it's essential to ensuring that your company attracts and retains the best talent. By following these principles of compensation, you can develop a plan that meets the needs of your new business and your executives.
Hence, the correct option is "B".
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assume the countries of ornania and kumbagi are major trading partners. ornania is currently in long-run macroeconomic equilibrium. as a result of a recession in its economy, kumbagi decreases its demand for goods produced in ornania. which of the following will occur in ornania in the short run? responses the aggregate demand curve will shift to the right, causing the actual rate of unemployment to exceed the natural rate of unemployment. the aggregate demand curve will shift to the right, causing the actual rate of unemployment to exceed the natural rate of unemployment. the aggregate demand curve will shift to the left, resulting in an inflationary gap. the aggregate demand curve will shift to the left, resulting in an inflationary gap. the aggregate demand curve will shift to the left, resulting in a recessionary gap. the aggregate demand curve will shift to the left, resulting in a recessionary gap. the short-run aggregate supply curve will shift to the left, resulting in an inflationary gap. the short-run aggregate supply curve will shift to the left, resulting in an inflationary gap. the short-run aggregate supply curve will shift to the left, resulting in a recessionary gap.
The following will occur in Romania in the short run The aggregate demand curve will shift to the left, resulting in a recessionary gap.
What alteration is most likely to cause the LRAS curve for long-term aggregate supply to move to the right?As productivity rises or the cost of essential inputs decreases, the aggregate supply curve shifts to the right, allowing for a combination of lower inflation, more production, and lower unemployment.
Which of these is most likely to cause the aggregate supply curve to shift to the left over the long term?The long-run aggregate supply curve is most likely to shift to the left as a result of resource destruction, hence this choice is right. This is due to the fact that resource extraction lowers output and productivity. It raises prices while lowering an economy's real GDP or output.
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an organization seeking to fill a nanotechnology engineering position would likely use a targeted skill scope strategy which would involve recruiting in a small geographic area.
The answer is False. An organization seeking to fill a nanotechnology engineering position would likely use a targeted skill scope strategy.
Targeted recruiting is a cycle where an association is more severe about whom its open positions are promoted to. "Focused on" volunteers might be competitors who have unmistakable abilities, are situated in a particular region, have a handicap, or are essential for an under-addressed segment bunch (ladies, LGBTQ+, Hispanics, and so on.).
The four vital motivations behind Targeted recruiting are to:
Acquire hierarchical capability in a specific discipline.Increment the number and nature of candidates, particularly for hard to-fill positions.Guarantee the association addresses different sections of society.Decrease the expense per enlist.Know more about the targeted skill scope strategy. - https://brainly.com/question/28289666
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suppose that the central bank of a given country is not independent, and the elected government has complete control over monetary policy. in the accompanying diagram, assume that the economy starts off at the macroeconomic equilibrium. a. an election is coming up and the majority political party wants to increase its chances of retaining majority control of congress. policy makers decide the best way to ensure reelection is to force the central bank to enact expansionary monetary policy. in the accompanying graph, shift the curve(s) to depict the impact this will have on the macroeconomy.
Monetary and fiscal policy are two components of a nation's macroeconomic policy.
A nation is able to handle nearly all of its operations pertaining to the expansion of its infrastructure, development, or financial sector with the assistance of these two policies.
A nation's central bank is in charge of its monetary policy. The money market is influenced by monetary policy.
The central bank of a nation determines a nation's money supply, interest rate, and credit availability through monetary policy.
Most of the time, monetary policy is used as a tool for the short and medium term.
Simply put, monetary policy contributes to the control of credit in the market in order to maintain the value of the currency, price stability, economic growth, and exchange stability. This is accomplished by influencing the interest rate, which either increases or decreases the lending and borrowing process.
The country's expansionary monetary policy increases the money supply and lowers market interest rates. It reduces interest rates and increases the money supply.
As a result, the cost of borrowing will go down and investment will go up. As income goes up, so will demand for money. This will cause the aggregate demand curve (AD) to move to the right and cause an inflationary gap.
An economy experiences rising prices and a low unemployment rate during an inflationary gap because it is operating above its potential GDP. The AD curve will shift from AD to AD1 under expansionary monetary policy, as shown in the diagram.
This outcomes in Genuine GDP(Y1) > expected GDP(Y*) in the given graph it tends to be seen that when the genuine Gross domestic product is Y1, the value level(P1) is higher than the harmony value level(P*) and balance yield level that of Likely Gross domestic product (Y*); that is there is inflationary hole (Y* to Y1) with excessive cost and low pace of joblessness.
As a result, the illustration above makes it abundantly clear that expansionary monetary policy will shift AD to the right and cause an inflationary gap by raising real output and price levels.
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The __________ measure most closely ties the cost of the social media ad to the sales revenues the ad generates.
a. cost per action b. fixed fee rate c. cost per view d. cost per click. e. cost per thousand
The cost per action measure most closely ties the cost of the social media ad to the sales revenues the ad generates.
Give some examples of revenues.Revenues are often substituted with the word income. Sales, service revenues, earned fees, loan revenue, and interest income are a few examples of revenue accounts. Profitability often contain credit balances because they are credited when services are rendered and invoiced.
Do sales generate revenue?Some businesses incorrectly confuse the phrases sales and revenue. Despite the fact that sales are a form of income, not all revenue does. In reality, they are the same for numerous businesses. However, some businesses consistently generate additional money via their daily operations.
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2. assume the variance calculated is material. after prorating, close the variances to the appropriate accounts. if an amount box does not require an entry, leave it blank.
This definition shall not include the amount of year end accruals for salaries, a reasonable period of time after the end of a cost accounting period.
What are credit and debit?An account's debit entry shows a value transfer into the account, and its credit entry shows a value transfer out of the account. With every transaction, money is moved from credited to debited accounts.
Which woman accountant made history first?The early 1870s saw the birth of Christine Ross in Nova Scotia. Later on, she relocated to New York, where she became the country's first female CPA. Ross passed and received one of the top three marks in her testing group in June 1898, only two years after New York had its first CPA exam.
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Select the statements below that correctly describe the flow of costs in a merchandiser's accounting cycle. (check all that apply.)O Merchandise that is sold becomes an asset reported on the balance sheet. O Beginning inventory net purchases Merchandise available for sale
All are significant concerning the movement of costs in a merchandiser's accounting cycle. As you and by now, the means in the accounting cycle for an undertaking composed retail business are according to the accompanying.
Selling stock achieves an expense that is recorded on the compensation declaration.
Things prepared to not entirely settle as beginning stock notwithstanding net purchases. Purchased stock is recorded as an asset on the bookkeeping report.
Completing stock notwithstanding the expense of items sold approaches the total amount of items accessible to be bought. All are relevant concerning the movement of costs in a merchandiser's accounting cycle.
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voluntary health and welfare organizations must also report expenses by object. function natural classification. budget code.
It also requires that voluntary health and welfare organizations provide a statement of functional expenses that reports expenses by both functional and natural classifications.
A sort of government assistance known as "welfare," or "social welfare," aims to guarantee that people of a community can satisfy their most basic requirements, such food and shelter. Social insurance programs, as opposed to social assistance programs, which only offer aid to those who have already contributed, are particularly referred to as social security.
Social assistance programs only provide assistance to those who are in need. According to the International Labor Organization, social security includes payments for people in their old age, assistance with child maintenance, medical care, parental and sick leave, unemployment and disability insurance, and assistance for people who have sustained an industrial accident.
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a certain country has been experiencing huge gains in its economy. based on research about economic effects on biology across cultures, which of the following is the most likely consequence of these gains?
Based on research about economic effects on biology across cultures, Biological evolution is faithful, while cultural evolution is not faithful.
What subject mostly studies biology?In biology, life is studied. The Greek terms "bios" (which means life) and "logos," from which the word "biology" is derived (meaning "study"). In general, biologists investigate the composition, process, development, origin, and distribution of living things.
Is biology study difficult?Therefore, biology coursework in college could be harder than the typical high school course. But if you're really interested in it, Draft claims that biology is a very approachable subject. A prerequisite knowledge base or skill level is not necessary for entry into an introductory biology course.
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predicting a firm's future financial needs includes all of the following steps except group of answer choices review of the firm's sales revenues and expenses over all past planning periods determination of the firm's financing needs for the period estimation of projected sales and expenses estimation of investment levels for current and fixed assets
Predicting a firm's future financial needs includes all of the following steps except estimation of projected sales and expenses.
What is financial forecasting?
You can use financial projections to make better data- and fact-based business decisions. Making a monthly financial forecast a habit can help you to organise your future moves in terms of operations, funding, and budgeting.
What kind of analysis is done to make predictions?
A subset of advanced analytics called predictive analytics uses historical data along with statistical modelling, data mining, and machine learning to forecast future results. Utilizing trends in this data, businesses use predictive analytics to spot dangers and opportunities.
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All of the following procedures, with the exception of projecting sales and expenses, are involved in predicting a company's future financial requirements.
Financial forecasting: what is it?Financial predictions can help you make more informed company decisions that are supported by data and facts. Making a habit of creating a monthly financial projection can assist you in planning your operations, funding, and budgeting in the future.
What type of analysis is carried out in order to produce predictions?Predictive analytics, a subset of advanced analytics, forecasts future outcomes using historical data, statistical modeling, data mining, and machine learning. Businesses utilize predictive analytics to identify threats and opportunities by using trends in this data.
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the irs is particularly interested in profiling taxpayers that likely blank income by pulling historical data for average amount and type of deductions related to income.
The IRS is particularly interested in profiling taxpayers that likely underreport income by pulling historical data for average amount and type of deductions related to income.
The Internal Revenue Service is the tax service for the United States federal government that is responsible for collecting US federal taxes and administering the Internal Revenue Code, the main body of federal statutory tax law.
The Internal Revenue Service is the nation's tax collection agency and administers the Internal Revenue Code as enacted by Congress.
The Internal Revenue Service (IRS) administers the federal tax laws passed by Congress. The IRS performs three main functions - tax return processing, taxpayer service, and enforcement.
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refer to the aove figure. which of the graphs depicts a short-run equilibrium that will encourage the entry of other firms into a monopolistically competitive industry?
The figure represented in panel C will depict a short-run equilibrium which encourages the entry of other firms into a monopolistically competitive industry.
A monopolistically competitive industry is one which creates original products and is sustaining in the market since long time, has legacy of business ventures and is the largest industry which is working alone in the market for the manufacturing of specific products and services. Though with time new companies and industries come up to fight against such monopolistic industries by creating substitute products. But they are unable to sustain in the market for long. The graph plotted between price and quantity in panel C is in coherence with that obtained in monopolistically competitive industries.
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