The classical dichotomy is the separation of real and nominal variables. The following questions test your understanding of this distinction. Yesmina divides all of her income between spending on paperbacks and lattes. In 2017, she earned an hourly wage of $28.00, the price of a paperback was $7.00, and the price of a latte was $4.00.Which of the following give the real value of a variable? Check all that apply.The price of a paperback is 1.75 lattes in 2017.Yesmina's wage is $28.00 per hour in 2017.The price of a paperback is $7.00 in 2017.Which of the following give the nominal value of a variable? Check all that apply.The price of a latte is $4.00 in 2017.Yesmina's wage is 4 paperbacks per hour in 2017.The price of a latte is 0.57 paperbacks in 2017.

The amount presented as an expense in the income statement for income taxes may be called all of the following except timing difference.

One of the three crucial financial statements used to describe a company's financial performance throughout a certain accounting period is the income statement. The balance sheet and the cash flow statement are the other two important statements.

One of the three statements used in both accounting and corporate finance, including financial modeling, is the income statement. The statement gives a clear and logical breakdown of the company's revenue, costs, gross profit, selling and administrative expenses, other expenses and income, taxes paid, and net profit.

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The sales dialogue template is a flexible planning tool that assists the salesperson in assembling pertinent information to be covered with the prospect.

A sales dialogue is the term used to describe the interactive communication process that takes place between a buyer and a seller as each side attempts to define and comprehend the needs of the other and how the suggested solution will satisfy those needs.

Nine sections make up the Sales Dialogue Template: (1) prospect information; (2) customer value proposition; (3) sales call objective; (4) situation and needs analysis—linking buying motives, benefits, support information, and other reinforcement methods; (5) competitive situation; (6) starting the sales dialogue; (7) anticipating questions and objections; (8) earning prospect commitment; and (9) building value through follow-up action. This sample shouldn't be used to create a strict sales call script. When used appropriately, it can assist salespeople in making sure that they are ready to talk to customers about all relevant information.

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a) It is blatantly obvious that there is a direct correlation between visitor numbers and spending,

b) The response variable is spending, and the explanatory variable is the number of tourists.

c) Policy decisions are increasingly easier to implement. Depending on the number of visitors, we will be able to anticipate spending in the future.

d) One assumption is that the residuals must have a normal distribution with a mean of zero and a constant variance, whether they are known or unknown.

(a) It is abundantly evident that there is a linear relationship between the number of visitors and spending, with spending rising as the number of visitors rises and falling when the number of visitors is zero. This suggests a relationship along the lines of y=mx, where y is the amount of money spent, x is the number of tourists, and m is the regression coefficient or slope of the line.

(b) The explanatory variable is the Number of Tourists, and the response variable is Spending(y).

(c)

(d) One presumption is that, whether known or unknown, the residuals must follow a Normal distribution with a mean of zero and a constant variance. The third plot's histogram shows that the majority of the residuals are located close to zero.

Only the residuals, which make up the second plot's residual plot, are evenly distributed in the area around zero but are also clustered close to zero, which is a crucial component of a normal distribution with a zero mean.

The histogram demonstrates another characteristic of a normal distribution in that the residual distribution is more or less symmetrical around zero.

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The basis for profit recognition on long-term construction contracts should be included in the overview of important accounting policies.

When a choice is possible, the firm's important accounting procedures and policies are described in the summary of significant accounting policies. Understanding the amounts provided in the financial statements requires knowledge of the methodologies. The percentage of completion or completed contract methods may be used to account for long-term contracts. The user can better grasp the significance of reported revenue and gross profit by being made aware of this method.

The other response options provide information on individual accounts or the outcome of using particular accounting rules. They don't say what accounting and reporting decisions the company has taken.

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Dover will report net cash flows provided by (used in) investing operations of ($62,000), assuming that these are the sole transactions effecting the investing activities.

Cash flow is the net amount of cash and cash equivalents coming into and going out of a business. Inflows are represented by money received, and outflows are represented by money spent.

Ability to generate positive cash flows, or more specifically, potential to maximize long-term free cash flow, is ultimately what determines a company's ability to create value for shareholders (FCF). After deducting any funds used for capital expenditures, a company's free cash flow (FCF) is the cash it generates from its regular business activities (CapEx).

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The net present value of the proposed project is closest to $38,410. Therefore, the first option is the required answer.

The idea of present value holds that money currently is worth more than it will be in the future. In other words, amount earned in the future is not as valuable as money obtained today in the same amount.

The investment return rate used in the present value computation is called the discount rate. In other words, if an investor elected to accept an amount in the future as opposed to the same amount today, the discount rate would be the forgone rate of return. Given that it represents the anticipated rate of return you would experience if you had invested today's money for a period of time, the discount rate that is used for the present value calculation is very arbitrary.

In the given question,

              Net present value = Present value of cash inflow - Present value  

                                                 of cash outflow

                                             = 65,000 x PVIAF (9%, 6 years) - 330,000

                                             = (65,000 x 4.48592) - 330,000

                                             = 291,585 - 330,000

                                             = 38,415

                                             = $38,410

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Complete question:

The management of Penfold Corporation is considering the purchase of a machine that would cost $330,000, would last for 6 years, and would have no salvage value. The machine would reduce labor and other costs by $65,000 per year. The company requires a minimum pretax return of 9% on all investment projects. Click here to view, Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the proposed project is closest to (Ignore income taxes.):

Grammatically correct sentence is I wanted to use a picture of the new infotech inc. site as exhibit a in my report on construction progress however; my camera malfunctioned during my visit.

The grammar for Business Writing course highlights the usage issues related to modern descriptive linguistics. It refers to rules that permit us to organise our words and sentences into coherent, substantive language. Grammar rules help us to form structural foundation of our ability to precise ourselves. The additional we tend to square measure tuned in to however it works, the additional we will monitor the which means and effectiveness of the means we tend to et al. use language. It will facilitate foster preciseness, sight ambiguity, and exploit the richness of expression accessible in English."

The question is incomplete, find the complete question below.

This problem reviews grammar rules you learned in previous chapters as well as confusing words and frequently misspelled words. Which sentence is grammatically correct?

i wanted to use a picture of the new infotech inc. site as exhibit a in my report on construction progress however; my camera malfunctioned during my visit. i wanted to use a picture of the new infotech inc. site as exhibit a in my report on construction progress; however, my camera malfunctioned during my visit. i wanted to use a picture of the new infotech inc. site as exhibit a in my report on construction progress: however, my camera malfunctioned during my visit.

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The periodical stated interest payment made on a bond is expressed in dollars as follows: the market price of a bond divided by its annual coupon payment.

The initial issue price of a financial instrument, given in dollars, is known as face value. The amount that the issuer must pay when a bond matures is its face value, also referred to as its "par value." On the other hand, a stock's face value is the price set at the time of issuance by the firm that issued it.

The fact that a bond's face value is fixed while its price fluctuates is the key distinction between the two Up until the bond's maturity, whatever the face value is stays the same.

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$1,250,000 should the plan report as year-end net assets available for benefits in the year 2 statement of changes in net assets available for benefits.

In economic accounting, an asset is any aid owned or controlled by way of a commercial enterprise or an financial entity. it's far something (tangible or intangible) that can be used to provide positive economic fee. property represent price of ownership that may be converted into coins (even though coins itself is also considered an asset).[1] The stability sheet of a company facts the monetary[2] price of the property owned by that firm. It covers cash and different valuables belonging to an individual or to a enterprise. assets can be grouped into  essential training: tangible belongings and intangible assets. Tangible property include numerous subclasses, together with present day belongings and stuck assets.

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Salespeople need to remember the following statement regarding customer expectations:

Customer expectations represent the customers prediction about their experience when they use a product. How a customer build his experience is defined by his perceived performance of the product and how well it meets his expectation.

Customers expectations may come in different kind of types:

To improve customers expectations, salespeople should research their target market first. Ensure what expectations the target audiences already have. Utilize personalized marketing strategies based on the marketing research data. Give respon to customers promptly and try to direct them the correct resources that can solve their problems. Use clear communication and simple language. Ensure your customers about their data and privacy protection. Anticipate potential challenges for customers and prepare the contingency plans. Simplify the buying process and provide great experience for customers.

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The approach that would lead to determining the cash received from customers by analyzing the accounts receivable account will be the a) Beginning balance + debits during the period -- ending balance.

In the field of business, accounts receivable can be described as the revenue that a customer owes to a business or firm for a product that has already been given to the customer but the customer has not yet paid for it.

An effective approach to calculating the accounts receivable will be to deduct the debits that are made from the beginning to the ending balance. Hence the formula, beginning balance + debits during the period -- ending balance.

Although a part of your question is missing, you might be referring to this question:

We can determine cash received from customers by analyzing the accounts receivable account. which of the following approaches would lead to the correct result?

a) Beginning balance + debits during the period -- ending balance

b) Beginning balance - debits during the period -- ending balance.

c) Ending balance + debits during the period -- beginning balance.

d) none of the above

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Correct choice is $5,870.

Explanation,

Preparation for Rodgers Company Bank Reconciliation Statement

= Cash balance per books + Notes receivable and interest gathered through bank - Bank cost for test printing - NSF check

= $5,400 + $650 - $40 - $140

=$6,050 - $40 - $140

= $6,010 - $140

= $5,870

Therefore the Adjusted Cash Book for Rodgers Company Bank Reconciliation Statement will be $5,870.

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The above-given statement is true, Employees report home office costs as from AGI deductions, but self-employed taxpayers report them as from AGI deductions.

A self-employed person is allowed to deduct half of their self-employment tax obligation for the tax year.

When calculating adjusted gross income, the deduction is claimed as an above-the-line deduction (AGI). To claim the deduction, the taxpayer does not have to itemize their expenses.

Your adjusted gross income (AGI) amount is used by the Internal Revenue Service (IRS) to determine your annual income tax obligation.

It is calculated by subtracting particular adjustments from gross income, such as business expenses, student loan interest expenses, and other expenses.

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Companies can identify competitors from a market point of view by defining competitors as companies that are trying to satisfy the same customer need or build relationships with the same customer group. Hence, option C is correct.

Parties may assemble in a market to make the exchange of goods and services easier. Buyers and sellers are the parties that are often involved.

The market may be physical, such as a physical store where customers can connect with one another face-to-face, or it may be virtual, such as an online marketplace, where buyers and sellers do not directly interact. Some of the key factors that help define a market are the existence of a marketplace, buyers, and sellers.

Thus, option C is correct.

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When a $30,000 note payable is retired at its carrying (book) value, the only effect on retained earnings is the decrease in the note payable liability. There is no effect on net income or cash dividends.

When new equipment is purchased for $69,600 cash, there is no effect on retained earnings. The cash account is increased by $69,600.

When equipment is sold for $60,600, yielding a $3,200 gain, the effect on retained earnings is the increase in the gain on the sale of equipment. The cash account is increased by $63,800 ($60,600 plus $3,200 gain).

When prepaid expenses and wages payable relate to operating expenses on the income statement, there is no effect on retained earnings.

When all purchases and sales of inventory are on credit, there is no effect on retained earnings.

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More often than necessary, a fever response is initiated to aid in the defense against an illness.

You frequently feel cold and begin to shiver in the early stages of a fever. This is your body's reaction to a temperature increase. Your skin's blood vessels contract (constrict), driving blood from the skin's outer layer into your body, where it is simpler to trap heat.

If your child is getting enough fluids and is otherwise healthy, you may typically let a fever run its course because it is the body's natural defense against illness. Try to bring down your child's temperature if they are having problems drinking.

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It should result in an overall increase in net income of $71,850.

If the Riobole Company implements the new raw material and passes on half of the savings to customers, they can expect to see an increase in sales volume of 5%. This translates to an additional 3,000 units sold, bringing the total sales volume to 63,000 units. The total variable costs associated with these additional units will be $99,000 ($3.30 x 3,000).

The total cost of the new raw material, including the additional fixed costs, is $660,000 ($550,000 + $110,000). This means that the total cost of the new raw material, including the additional fixed costs, is 40% of the total variable costs associated with the additional 3,000 units ($660,000/$99,000).

The Riobole Company can expect to see an increase in total sales of $81,500 ($3.30 x 3,000 x 5%) and an additional contribution margin of $20,850 ($3.30 x 3,000 x 40%). This should result in an overall increase in net income of $71,850 ($81,500 - $9,650).

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A commercial bank, investment bank, mutual fund, or pension fund are examples of organisations that serve as the middleman between two parties in a financial transaction.

Generally speaking, intermediaries help borrowers and savers transfer capital and risk. The argument for financial intermediation is based on two premises: (1) Borrowers have more knowledge of their own financial situation and future prospects than potential capital providers; and (2) It would be prohibitively expensive to match creditors and debtors without the help of reliable third parties.

As a result, the history of financial intermediation is the tale of how various types of institutions, such as holding companies under the Federal Reserve's supervision, FDIC-insured commercial banks, and broker dealers registered with the SEC, to name a few, have modified their offerings and business models in response to market demands.

Commercial banks have historically been key players and intermediaries in the financial intermediation process.

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Keynes's followers would support the policy of increasing taxes when a decrease in business optimism shifts the aggregate-demand curve away from long-run equilibrium. The correct option is a.

Long-run equilibrium in economics refers to a theoretical concept in which all markets are in equilibrium, and all prices and quantities have fully adjusted and are in equilibrium. The long-run contrasts with the short-run, in which there are some constraints and markets are not fully in equilibrium. More specifically, in microeconomics, there are no fixed factors of production in the long run, and there is enough time for adjustment so that no constraints are preventing changing the output level by changing the capital stock or by entering or leaving an industry.

An economy is said to be in long-run equilibrium if the short-run equilibrium output is equal to the full employment output.

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Cumulative preferred stock refers to the requirement that all dividends, both past and present, be paid to preferred stockholders before any dividends are awarded to common stockholders.

Company stock known as preference shares (also known as preferred stock) has dividends that are paid to shareholders prior to dividends on common stock. Preferred stock is available in four different forms: cumulative (guaranteed), non-cumulative, participating, and convertible.

If a dividend payment was missed in the past for any reason, cumulative perpetual preferred stock has a clause stating that the dividends must be paid to cumulative perpetual preferred stock holders first and before anybody else.

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The beta of Drucker Corporation's stock  Beta is 0.14.

The beta of Drucker Corporation's stock can be calculated using the following formula:

Beta = (Covariance of Drucker Corporation's returns and the market's returns) / (Variance of the market's returns)

Using the data provided, we can calculate the beta of Drucker Corporation's stock by first calculating the covariance and variance of the market's returns, and then calculating the covariance of Drucker Corporation's returns and the market's returns.

Covariance of the market's returns = ( (-9% - 0%) + (8% - 0%) + (23% - 0%) ) / 3 = 8%

Variance of the market's returns = ( (-9% - 0%)^2 + (8% - 0%)^2 + (23% - 0%)^2 ) / 3 = 99%

Covariance of Drucker Corporation's returns and the market's returns = ( (-18% - 0%) + (10% - 0%) + (30% - 0%) ) / 3 = 14%

Therefore, Beta = 14% / 99% = 0.14

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The Neptune washer is an example of a desirable product. a term used by societal marketers in product classification to describe any good or service that provides both immediate satisfaction and long-term benefits.

"Socially desirable FMCG" refers to products that are characterised by social pressure to purchase for environmental reasons. The authors do not consider whether the production procedures are environmentally friendly or not. Brand desire is defined as having a product or service that consistently improves people's lives. A prospect must want what you have in order to be willing to pay you perfectly good money for what you have. You're wasting your time and money if your marketers activities don't elicit a visceral sense of Desire in your prospects.

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As per the retirement plan, the maximum amount Elvira may contribute to the self-employed plan is $48,000

The term retirement plan in accounting refers preparing today for your future life so that you continue to meet all your goals and dreams independently.

Here we have given that Elvira is a self-employed taxpayer who turns 42 years old at the end of the year (2022).

Now, we need to find the the maximum amount Elvira may contribute to the self-employed plan.

While we looking into the given question, we know that her income was $130,000.

So, as per the 10% Rule, let us consider that the she will save 10% of her income for the retirement plan.

Then the amount is calculated as,

=> 130,000 x 10/100

=> 13,000 for the month.

Therefore, for one year she will save the maximum amount of

=> 13000 x 12

=> 156,000

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Job satisfaction, is the extent to which employees have positive or negative feelings about various aspects of their work. Thus, option (a) is correct.

The term employee refers to the work in the company to earn the money. The employee is the provided the services to the company with exchange of the salary. The employees are the work with the unity are the increased the wealth of the company.

According to the employees have positive or negative feelings are the job satisfaction. The job satisfaction are the employees are the satisfy the job. An employee is the freely work and the manage the work are the easily to satisfy the job.

As a result, Job satisfaction is the degree to which individuals have favorable or negative attitudes about different aspects of their work. Therefore, option (a) is correct.

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Both the Economic Stimulus Act of 2008 and the American Recovery and Reinvestment Act of 2009 are examples of fiscal policy.

Fiscal policy is a tool used by governments to influence the economy and influence economic activity. The Economic Stimulus Act of 2008 was a government spending package designed to stimulate the U.S. economy in the wake of the 2008 financial crisis.

It was passed into law in February 2008 and included tax cuts and spending increases. The American Recovery and Reinvestment Act of 2009 was another government spending package intended to stimulate the economy during the Great Recession.

It was passed into law in February 2009 and included tax cuts, spending increases, and incentives for businesses to invest. Both of these acts demonstrate the government's use of fiscal policy to try and encourage economic growth.

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That idleness of children was more a problem during the industrial revolution than exploitation resulting from employment. This statement is true.

The significance of child labor during the Industrial Revolution was linked to both the growth of child labor's character and the volume of young people working in factories.

According to Cunningham (1990), juvenile idleness throughout the Industrial Revolution was a bigger issue than the exploitation that resulted from employment.

When he looks at the 1834 Report on the Poor Laws, he discovers that there was hardly any work for kids in any given parish. Contrarily, it is asserted by Cruickshank (1981), Hammond and Hammond (1937), Nardinelli (1990), Redford (1926), Rule (1981), and Tuttle (1999) that many kids were working in the textile industries.

Since there was no national market for child labor, these two seemingly incompatible claims can be reconciled. Child labor, on the other hand, was a regional phenomena, with a high frequency in the manufacturing districts and a low incidence in the rural and agricultural areas.

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Walmart's current ratio can be represented as 0.9:1

Ratio analysis:

1. (Current ratio * current assets)/current liabilities

  =19,000/12,000

  = 1.6: 1

    49,000/55,000

    = 0.9: 1

2.  Accounts receivable= turnover /average accounts receivable

    =65,000/8,000

    = 8.1 times

    406,000/3,800

    = 106.8 times

3. Accounts collection period= 365/accounts receivable turnover

   =365/8.1

   = 45.1 days

   =365/106.8

   = 3.4 days

4. Inventory turnover= cost of goods sold/average inventory

    =46,000/6,800

    = 6.8 times

     306,000/33,200

    = 9.2 times

5. Days in inventory= 365/ inventory turnover

   =365/6.8

   = 53.8 days

     365/9.2

    = 39.8 days

6. Profit margin= net income/net sales

    =2,170/65,000

    = 3.3 %

    14,910/406,000

    = 3.8 %

7. Assets turnover= turnover/ average assets

   =65,000/(45,100+45,000)/2

   = 1.4 times

  406,000/(172,000+162,000)/2

   = 2.4 times

8. Return on assets= net income/ average assets

  =2,170/45,050

  = 4.8 %

   14,910/167,000

  = 8.9 %

9. Return on common shareholders equity= net income/average common shareholders equity

   =2,170/(15,700+12,900)/2

   = 15.2 %

    14,910/(74,000+66,000)/2

   = 21.3 %

10. Debt to assets= total liabilities/total assets

    =(12,000+17,400)/45,100

    = 65.2 %

   (55,000+43,000)/172,000

   = 57 %

11. Times interest earned= operating income/interest

  =(65,000-46,000-14,800-70)/660

  = 6.3 times

   (406,000-306,000-76,000-390)/2,200

  = 10.7 times

12. Free cash flows= net cash generated by operations - capital expenditure

  =5,900-1,700

  = $ 4,200

 27,400-11,600

  = $ 15,800

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A variable in a statistical model that is altered or determined by its interactions with other variables in the model is known as an endogenous variable.

Exogenous variables in economic models are those whose values are established outside and imposed upon the model, and exogenous changes are adjustments made to exogenous variables.

An exogenous variable in an economic model is one whose value is decided outside of the model and forced upon it, and an exogenous change is a change to an exogenous variable. A variable whose value is decided by the model is an endogenous variable, in contrast.

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The downward sloping demand curve serves as an example of the law of demand. This illustrates the idea that when prices rise, fewer goods are sought.

As a result, prices will drop and demand will increase when there is a larger supply. Therefore, buyers will want more goods when prices are lower. For this reason, the demand curve has a decreasing slope.

The demand (or marginal benefit) curve has a downward sloping shape to reflect the fact that consumers will pay less for additional units of a good as they consume more of it.

Therefore, do all demand curves slope downward and the Law of Demand always apply? The answer, in plain terms, is no. According to the consumers' actions, the curve will either be upward or downward sloping.

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