True. the Lorenz curve and the line of perfect income equality will be one and the same in an economy if 20% of all households receive 20% of all income.
What is the Lorenz curve?The Lorenz curve in economics is a graphical depiction of the distribution of wealth or income. Max O. Lorenz created it in 1905 to symbolize the unequal distribution of wealth.
An illustration of income or wealth inequality on a graph is a Lorenz curve. According to income or wealth, the horizontal axis of the graph represents percentiles of the population.
A graphical representation of the wealth distribution in a community is the Lorenz curve. The inequality increases with the curve's distance from the bisector. The most commonly used indicator of income disparity in a community is the Gini coefficient, which was calculated from the Lorenz curve.
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At the start of the COVID-19 economic shutdown, the Congressional Budget Office projected the federal debt-to-GDP ratio would reach 108% by the end of 2021, an increase of 26 percentage points from their previous projection. The federal debt-to- GDP ratio reached a record 119.1 percent in early 1946, following World War II, but then quickly fell, reaching 31.1 percent in January 1981 45 45 45 45 45 5 45 45A 454 25 a. What lesson might the record-level debt and subsequent rapid decline following World War II hold for current debt projections? That in the context of an expanding economy, the debt will tend to become a smaller problem That if the federal government is to get its fiscal bouse in order, it will have to cut its spending dramatically That the current debt would not be a problem if it were incurred during war None. The two periods are so different that any effort to compare them will be misleading. b. What are the primary factors that will determine whether debt snowballs out of control or slowly melts? The absolute size of the debt. The nominal value of debt repayments. Whether federal deficits are incurred to finance economically valuable investments, e.g., infrastructure. How the growth rate of real GDP compares with interest rates,
1. The lesson that the record-level debt and subsequent rapid decline following World War II hold for current debt projections is that : in the context of an expanding economy, the debt will tend to become a smaller problem. Option A
2. The primary factors that will determine whether debt snowballs out of control or slowly melts is Whether federal deficits are incurred to finance economically valuable investments, e.g., infrastructure. Option C
What caused the rapid decline following World War II?Millions of people were dead and homeless at the end of the war, the European economy had collapsed, and a large portion of the industrial infrastructure had been destroyed. The Soviet Union had also suffered significantly.
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the ending balance of the owner's capital account is transferred from the to the owner's equity section of the balance sheet. multiple choice question. statement of cash flows statement of owner's equity general ledger account income statement
Price elasticity of demand for a good (In financial accounting, a balance sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship,
a business partnership, a corporation, a private limited company, or other organization such as government or not-for-profit entity. As of a particular date, such as the conclusion of its financial year, assets, liabilities, and ownership equity are listed. It's common to refer to a balance sheet as a "picture of a company's financial status." [1] The balance sheet is the only one of the four fundamental financial statements that only applies at one particular period in a company's fiscal year.
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married taxpayers david and lillian perdue file jointly and have a daughter, erin. they live at 9510 bluebird canyon drive, seattle, wa 99201. the perdues own their home, which was paid off last year. david works as a salesman for the canyon honda car dealer and lillian works at the same dealer as the manager of the service department. the social security number for david is 412-34-5670; for lillian, 412-34-5671; and for erin, 412-34-5672. their birth dates are as follows: david, 1/18/1971; lillian, 3/14/1971; and erin, 11/21/2011. erin attends school during the day and in the afternoon attends seattle day care (1 day street, seattle wa 99201, ein 92-6789012). the perdues paid $2,800 during the year to the school for the after-school care. the forms w-2 from canyon honda contained the following information: Lillian Perdue: Perdues paid $2,800 during the year to the school for the after-school care. Wages (box 1) = $72,000.00 Federal W/H (box 2)= $ 8,565.00 Social security wages (box 3) $72.000.00 Social security W/H (box 4) 4,464.00 Medicare wages (box 5) $72,000.00 Medicare W/H (box 6) S 1,044.00
Child tax credit = 1000 - (128925 - 110000) , the perdues paid $2,800 during the year to the school for the after-school care.
A brief explanation of taxesA tax is a compulsory payment or charge that local, state, and federal governments levy on citizens and corporations to fund essential public goods, services, and operations.
Why is it significant?Governments tax their people and enterprises in order to generate income that is then utilized to fund their budgetary needs. Making the business climate in the nation conducive to economic growth is part of this, as is funding public and government projects.
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when the price ceiling applies in this market and the supply curve for gasoline shifts from s1 to s2, group of answer choices the market price will stay at p1. the market price will increase to p3. a shortage will occur at the new market price of p2. a surplus will occur at the new market price of p2.
When the supply curve for gasoline moves from S1 to S2, the market price of P2 will experience a shortage since the price ceiling is in effect. produce a labor shortage, increase unemployment, and have a significant impact on the teenage labor market.
What transpires when the price ceiling rises?When an effective price ceiling is established, excess demand and a lack of supply are brought about because producers are hesitant to sell at a lower price and customers want more affordable goods. Deadweight loss is consequently produced.
What effects does a price cap have?Price ceilings that set a maximum price below the going rate have the following five significant effects: Lacks, lowered product quality, unnecessary lines and other search expenses, lost trade gains, and improper resource allocation.
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which of the following threats to internal validity should be the least concerning when using a quasi-experimental design?
From the threats to internal validity, the least concerning when using a quasi-experimental design is Attrition bias.
Attrition bias is the picky dropout of some participants who differ from those who remain in the study. Some groups of participants may leave because of bad gests, unwanted side goods, or inadequate impulses for participation, among other reasons.
Attrition bias is a trouble to internal validity. In trials, differential rates of waste between treatment and control groups can suggest results. This can affect the relationship between variables.
It can make variables appear to be identified when they're not, or vice versa. Attrition is a trouble to internal validity when there's differential fallout between the intervention and the comparison groups.
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gendy co. expects to receive eur 5 million tomorrow as a result of selling goods to a firm in france. gendy estimates the standard deviation of daily percentage changes of the euro to be 1 percent over the last 100 days. assume that these percentage changes are normally distributed. use the value-at-risk (var) method based on a 95% confidence level what is the maximum one-day loss if the expected percentage change of the euro tomorrow is 0.5%? (With the normal distribution, 95 percent of observations are smaller than 1.65 standard deviations above the mean.) Select one: a. -1.2% Ob. -1.5% C.-0.5% d.-2296
The maximum one-day loss that Gendy Co. can face is -1.5%. Assume a 95% confidence level, the maximum one-day loss is determined by calculating the VaR at 1.65 standard deviations above the mean, which is 0.5% in this case.
Therefore, the maximum one-day loss that Gendy Co. can face is -1.5%. It means that Gendy Co. can expect to lose a maximum of €75,000 if the euro depreciates by 0.5% on the day the payment is received.
The Value-at-Risk (VaR) method is a risk management technique which is used to measure and manage the risks associated with financial investments. This method is based on the assumption that the underlying asset returns are normally distributed, and a given confidence level is used to determine the maximum one-day loss. In the case of Gendy Co., the expected amount to be received is €5 million and the standard deviation of daily percentage changes in the euro over the last 100 days is 1%.
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steven is looking at banks for checking and savings accounts. some offer home loans and others do not. steven may need a home loan sometime in the next few years. but he wonders if he should really ask what kinds of loans the bank makes, because he is getting a checking account, not a home loan. which statement below gives the best reason for steven to consider loan availability in choosing a checking account?
He will be familiar with the bank should he ever require a house loan. An interest-bearing deposit account kept at a bank or other financial institution is referred to as a savings account.
An interest-bearing deposit account kept at a bank or other financial institution is referred to as a savings account. Despite the relatively low interest rates offered by these accounts, their security and dependability make them a fantastic choice for keeping cash on hand for urgent needs. Although there are some restrictions on how frequently you can withdraw money from a savings account, overall they provide exceptional flexibility that makes them perfect for creating an emergency fund, saving for an immediate need, such as a car or vacation, or simply moving extra money you don't need into your checking account so it can earn more interest.
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suppose that 70% of the bicycles sold by a certain store are mountain bikes. among 100 randomly selected bike purchases, find the probabilities below. (round your answers to four decimal places.)
According tot the given statement the correct answer is that the approximate probability is 75%.
How does the probability formula work?The probability of an event occurring is calculated as P(A) = f / N. Odds and probability are related, but the probability determines the odds. Before calculating the chances of an event occurring, you must first determine probability.
What is business probability analysis?Probability has the same meaning in business as determining the possibility of an event occurring with a metric between zero and then one, both inclusive. Probability is accompanied by three additional key concepts: experiment, outcome, and event.
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The board of directors of Yancey Company declared a cash dividend of $1.50 per share on 42,000 shares of common stock on July 15, 20X1. The dividend is to be paid on August 15, 20X1, to stockholders of record on July 31, 20X1. The correct entry to be recorded on August 15, 20X1, would be:
a. Dividends Payable 63,000 Cash 63,000
b. Cash Dividends 63,000 Cash 63,000
c. Cash 63,000 Paid-in Capital 63,000
d. Dividends Payable 63,000 Paid-in Capital 63,000
August 15, 20X1 = Dividends Payable (42,000 shares * $1.50)
August 15, 20X1 entry to be made = $63,000 (debit)
Cash = $63,000 (credit)
Hence, option (a) Dividends Payable 63,000 Cash 63,000 is the appropriate response.
Dividends on common stock that have been declared by a firm but have not yet been paid to shareholders are referred to as accumulated dividends or dividends payable.
From the declaration date until the dividend is paid to shareholders, a corporation will record its dividends payable as a liability on its balance sheet.
The dividends on cumulative preferred stock shares that have not yet been paid to the shareholder are referred to as Dividends Payable. Prior to holders of common stock and other classes of preferred stock, dividends are paid to holders of cumulative preferred stock.
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identify the promotion mix tools that the company uses to communicate its value proposition and discuss the message it attempts to convey using these tools
Six promotion mix tools are used for communication purposes.
A crucial element of marketing communications is the promotion mix. We sometimes refer to it as the marketing communications mix for this reason. Marketers can convey the value of a brand through multiple channels. Six essential elements of a communications mix are listed below:
Advertising,Personal selling,Sales promotions,Direct marketing,Public relations (PR),BrandingTo increase visibility and engagement, brands can utilize a range of traditional and digital advertisements. Advertising is a tactic with a relatively low cost per exposure that may also profit from mass market exposure.
To draw customers' attention, marketers might utilize a range of discounts, offers, coupons, contests, etc. PR can connect with audiences that don't respond to commercials.
In a B2B setting, personal selling is very crucial. Personal selling, which is important in the purchasing process, frequently entails multiple individuals communicating with one another.
Direct marketing: entails getting in touch with clients directly, or without the help of any middlemen. Email, catalogs, mail, SMS, telemarketing, etc. are all examples of direct marketing.
Branding is a marketing strategy that can be used. The many packaging, logos, styles, catchphrases, marketers use to attract customer attention.
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Select the correct terms from the drop-down menus.
Interpreting body language and behavior: A Verbal communication b active listening c nonverbal communication
Used in meetings, over the phone, and in person: a verbal communication b active listening c slang
Easy to misread: a slang b nonverbal c paraphrasing
Full engagement and participation as a listener: a verbal communication b active listening c nonverbal communication
Restating something in your own words: a active listening b using body language c paraphrasing
Posture, eye movements, and gestures that subconsciously communicate a personals thoughts: a body language b active listening c paraphrasing
The correct terms from the drop-down menus is -
1) nonverbal communication2) verbal communication3) nonverbal communication4) active listener5) paraphrasing6) body language1) Interpreting body language and behavior: nonverbal communication.
2) Used in meetings, over the phone, and in person: verbal communication.
3) Easy to misread: nonverbal communication.
4) Full engagement and participation as a listener: active listening.
5) Restating something in your own words: paraphrasing.
6) Posture, eye movements, and gestures that subconsciously communicate a personal™s thoughts: body language.
communication is normally defined as the transmission of information. The time period may additionally consult with the message communicated via such transmissions or the sector of inquiry studying them. there are many disagreements approximately its particular definition.
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caroline, age 35, is starting her savings plan this year by putting away $2,900.00 at the end of every year until she reaches age 65. she will deposit this money at her local savings and loan at an interest rate of 6%. the future value annuity interest factor is 79.0582.
Based on the information provided, by the time caroline turns 65, he will have
She may deposit this cash in her neighborhood 6% interest savings and loan. The interest factor for future value annuities is 79.0582. According to the facts given, Caroline will have $120,000.25 by the time she turns 65.
What is the annuity's interest rate?Interest rates vary depending on the annuity type you purchase. Variable annuities' interest rates are based on the success of a linked investment portfolio, whereas fixed annuities' guaranteed returns range from 3% to 5.25%. Bigger interest rate annuities come with a higher chance of financial loss.
Does an annuity pay interest?More specifically, fixed annuities can give you some security because they guarantee investors an interest rate. Money either is accumulated or She will make a lump amount deposit or regular monthly installments at her neighborhood savings. Age, account balance, and life expectancy are all taken into account while determining payouts.
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Potential sources of financing to support an increase in sales include all of the following EXCEPT
increase in spontaneous liabilities.
increase in the dividend payout ratio.
increase in accounts payable.
issuance of bonds and/or common stock.
Potential sources of financing to support an increase in sales include all of the following except an increase in the dividend payout ratio.
What is Sales?A sale is an arrangement in which a seller trades money for the sale of tangible or intangible goods, assets, or services between a buyer and a seller. In a sale, there are usually two or more parties involved. One can think of a sale or a contract between two or more parties, such as the buyer and seller.
Retained earnings, loan financing, and equity financing make up the primary sources of finance. Retained earnings from business operations are used by companies to grow or pay dividends to their shareholders.
The process of raising capital or finances for any type of spending is known as finance. It is the act of directing various financial resources such as credit, loans, and invested capital—to those parts of the economy that need them most or can use them most effectively.
Therefore, Thus option (B) is correct
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fiserv is an american multinational company , it provides financial technology services to clients across the financial services sector, including banks, thrifts, credit unions, securities broker dealers, mortgage, insurance, leasing and finance companies, and retailers.
As of 1984, Fiserv has existed. In less than 2 years after its founding, the business quickly expanded and was listed on the NASDAQ, mostly as a result of numerous acquisitions.
What does the company Fiserv do?Fiserv has been around since 1984 and enables users to move money and information. We now serve millions of businesses and thousands of financial institutions across more than 100 countries, making us a worldwide leader in payments and fintech.
What does Fiserv mean for banking?Every facet of your performance and growth concerns is addressed by a Fiserv partnership's comprehensive and integrated banking solutions. You benefit from having access to cutting-edge technology that enables you to meet rising expectations. access to a variety of banking knowledge to assist you in making future plans.
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ayayai corporation is authorized to issue 23,500 shares of $50 par value, 10% preferred stock and 120,000 shares of $5 par value common stock. on january 1, 2022, the ledger contained the following stockholders' equity balances. $525,000 preferred stock (10,500 shares) 70,000 paid-in capital in excess of par-preferred stock 325,000 common stock (65,000 shares) 730,000 paid-in capital in excess of par-common stock retained earnings during 2022, the following transactions occurred 1 issued 2,100 shares of preferred stock for land having a fair value of $121.000, issued 1.100 shares of preferred stock for cash at $70 per share
On January 1, 2022, the stockholders' equity balances are as follows:
Preferred Stock: $525,000 (10,500 shares)
Paid-in Capital in Excess of Par-Preferred Stock: $70,000
Common Stock: $325,000 (65,000 shares)
Paid-in Capital in Excess of Par-Common Stock: $730,000
Retained Earnings: $0
During 2022, the following transactions occurred:
1. Issued 2,100 shares of Preferred Stock for land having a fair value of $121,000.
The journal entry to record this transaction is as follows:
Debit Credit
Land $121,000
Preferred Stock $105,000
Paid-in Capital in excess of par-preferred stock $16,000
2. Issued 1,100 shares of Preferred Stock for cash at $70 per share.
The journal entry to record this transaction is as follows:
Debit Credit
Cash $77,000
Preferred Stock $55,000
Paid-in Capital in excess of par
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Which of the following is not a disadvantage of the payback period method of capital budgeting evaluation?
answer choices
It does not estimate the value added to the firm.
It may reject (accept) positive (negative) NPV projects.
It ignores the cash that beyond the payback period.
It is straight forward and simple to compute.
d) It is straight forward and simple to compute is not a disadvantage of the payback period method of capital budgeting evaluation.
The accounting break-even point of a series of cash flows is known as the payback period. It is believed that any cash flow that occurs during a given period is recognized constantly throughout the period and not at a single moment in time in order to calculate the payback period.
The moment in time when the initial cash outlays are fully recovered is known as the payback for a sequence of cash flows.
The decision rule is to approve projects that payback before some predetermined threshold for the payback time and reject projects that take longer to payback. The fact that payback period disregards the time worth of money is its worst flaw.
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_____is an organized group of employees who negotiate with employers about issues, such as wages and working conditions.
A union is an organised group of employees who negotiate with employers about issues, such as wages and working conditions.
Workers who group together to form unions can negotiate collectively with the proprietors of the companies they work for. Owners are bargained with by unions for improved working conditions, less hours worked, greater compensation, and shorter workweeks. Part of a union's strength comes from its striking power.
Unions operate democratically. Leaders who make decisions on behalf of members are chosen through elections, providing employees more power at work.
An organization of employees known as a "local union" is based locally and has a charter from a national or worldwide labor organization like the Service Employees International Union (SEIU) or the United Auto Workers (UAW). Workers from the same company or area may be considered locals. Additionally, it could have employees that work for other companies but are from the same industry.
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there are four resources in a medical billing process. the unit load (tp) of each resource unit to process one flow unit (a medical bill) is given below: mailroom clerk 8 min. data-entry clerk 17 min. claim processor 17 min. claim supervisor 9 min. there are 2 resource units in the mailroom clerk resource pool, 3 resource units in the data-entry clerk resource pool, 4 resource units in the claim processor resource pool, and 2 resource units in the claim supervisor resource pool. rocess utilization is 0.8. (Hint: you do not need utilization in computing capacities.)
1. Compute the hourly effective capacity of the mailroom clerk resource pool.
The potential answers are:
A: 17.14 units.
B: 10 units.
C: 15 units.
The correct answer is C. The hourly effective capacity of the mailroom clerk resource pool.15 units. The effective capacity of the mailroom clerk resource pool has been calculated by multiplying the number of resource units (2) by the unit load (8 minutes) and after that multiplying the result by 60 minutes in an hour: 2*8*60 = 960 minutes.
This number is then divided by 60 minutes to get the number of units that the resource pool can process in an hour: 960/60 = 16. To account for the 80% utilization, 16 is multiplied by 0.8 to get 15 units. This means that the mailroom clerk resource pool can process 15 units (medical bills) in an hour.
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mr vernon owns stock in two S corporations, able corporation and benson inc. this year mr vernon had the following income and loss items.
Salary $74,000
Business income from Able $20,000
Business loss from Benson $(33,000)
if Vernon materially participates in Able's business but not in Benson's business, compute AGI.
$41,000
$61,000
$94,000
$74,000
This year mr Vernon had the $94,000 income and loss items.
Salary + Business income from Able = 74,000 + 20,000 = $94,000.
The time period “profits” generally refers to the amount of cash, assets, and other transfers of price acquired over a hard and fast time period in change for services or products. profits is money that an person or enterprise receives in alternate for presenting exertions, generating a good or service or making an investment capital.
Individuals normally earn profits through wages or income, even as businesses earn earnings from promoting items or services above their value of manufacturing.
The 5 fundamental heads of earnings according to the above-cited segment 14 for the computation of the profits Tax in India are:
profits from profits.profits from house property.income from income and profits of enterprise or profession.income from Capital gains.earnings from other resources.Learn more about income here: https://brainly.com/question/25745683
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the goal of ___ is to analyze information and decide whether the identified trends represent significant opportunities or pose major threats to the company.
The goal of environmental scanning is to analyze information and decide whether the identified trends represent significant opportunities or pose major threats to the company
Environmental scanning is the process of learning more about the events and how they relate to the organization's internal and external environments. Environmental scanning is mostly used to ascertain the future possibilities of corporate organizations.
The Environmental Scanning Committee is an important resource for the management because it helps the management to make decisions based on a fundamental examination of past events to predict future events. The committee also assists in developing action plans to deal with these impending events, reviewing action plans and setting up the necessary resources for those plans, and connecting management with other staff members who have the necessary expertise to give reliable data for decision-making.
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a person's buying choices are influenced by four major psychological factors. which of the following is not one of these factors? group of answer choices perception motivation learning association beliefs
Association is now not one of these factors.
Psychological elements are the factors of your persona that limit or enhance the methods that you think. Your character can render some thing as easy as dialog extraordinarily hard or very easy. A phobia (illogical and uncontrollable fear) can limit or even manipulate the methods that you suppose or react.
What are the four psychological factors?The key psychological elements to understand when thinking about client behavior are motivation, perception, attitudes and beliefs, along with lifestyle. Understanding these factors will assist any marketer in grasp the behavior of their customers in order to effectively attraction to them.
What is the significance of psychological factors?Psychological factors impact not just the experience of health and illness, but also fitness behaviours. This influence can be reactive, e.g. ingesting more due to stress, or proactive, e.g. making decisions about smoking cessation based totally on beliefs about fitness and faith in one's personal potential to make changes.
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https://brainly.com/question/2981568#SPJ4which of the following statements is correct? firms aim to set as high an output price as possible. to maximize profits, firms set the wage at the level where the workers are indifferent between working and not working. in equilibrium, the wage clears the labour market, so there is no unemployment. if all firms set the same price and pay the same nominal wage, then the higher the real wage that they pay, the lower is their markup.
If all businesses charge the same price and pay the same nominal rate, their markup will be smaller the higher the actual wage they pay.A company, such as a corporation, that operates for profit, is known as a firm.
A firm is a for-profit business entity that offers professional services, such as a corporation, limited liability company (LLC), or partnership. Most businesses only have one location. On the other hand, a business company is made up of one or more physical locations that are all owned by the same person and have the same EIN (EIN). The term "firm," when used in a title, is frequently connected to companies that offer expert legal and accounting services, but it may also refer to a wide range of companies, including consulting, marketing, and graphic design firms, among others.
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Despite theoretical a5sertions by M-M and others, many investors do care about dividends quite a bit. The chart below lists some factors that might affect an investor?s preference for dividends. Indicate whether the factors are likely to make an investor prefer to receive more or fewer dividends. Dividends are taxed in the year they are received, while capital gains are taxed when the stock is sold. When investors receive dividends today, they may choose to reinvest or consume goods. An investor is on a fixed income and depends upon returns from investment. If an investor dies, his heirs are not liable for taxes on the capital gains generated during the investor?s life. They are only liable for the capital gains earned since the investor?s death. The value of a dividend received today is known, but the value of a capital gain received in the future is uncertain.
An investor is a person who invests money with the hope of making a profit or gaining an advantage in the future (interest). [1] [2] The majority of the time, the investor purchases some kind of property
using the allocated funds. [3] Equity, debt, securities, real estate, infrastructure, money, commodities, tokens, derivatives like put and call options, futures, and forwards are a few examples of investment types. There is no distinction between primary market investors and secondary market investors in this definition. In other words, both individuals who invest money in a company and those who purchase stock do so. A shareholder is an investor who holds shares of stock.
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selling a customer with a checking account a home improvement loan is an example of: group of answer choices sales force automation. cross-selling. direct marketing. operational crm. cross-channel promotions.
cross-selling. It is the process of providing a customer with items that are compatible with the ones they are buying.
How may cross-selling be used to increase profits?It doesn't happen often that a marketing and sales strategy can be used by nearly any type of company. But when it comes to cross-selling, the majority of businesses stand to gain significantly by doing so. It's absolutely worth trying if growing your company's revenue is one of your top priorities. To begin implementing cross-selling in your own company,
What frequent cross-selling strategies are there?Cross-selling strategies can be used in many different contexts, but they virtually always take place after the customer has made a purchase. A pop-up suggesting a supplemental product after your original purchase is quite typical in e-commerce. Another strategy is to send an email to a consumer after they've made a transaction enticing them to buy an additional connected good or service.
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Brussels Enterprises Issues bonds at par dated January 1, 2021, that have a $3,400,000 par value, mature in four years, and pay 6% interest semiannually on June 30 and December 31.1. Record the entry for the issuance of bonds for cash on January 1.2. Record the entry for the first semiannual interest payment and the second semiannual interest payment.3. Record the entry for the maturity of the bonds on December 31, 2024 (assume semiannual interest is already recorded).
1.
Date Account Title and Explanation Debit Credit
January 1, 2019 Cash $ 3,400,000
Bonds Payable $ 3,400,000
(To record the issuance of bonds )
2.
Date Account Title and Explanation Debit Credit
June 30, 2019 Interest Expense
( $ 3,400,000 x 9% x 6 /12 ) $ 153,000
Cash $ 153,000
(To record the first semiannual interest payment )
December 31, 2019 Interest Expense $ 153,000
Cash $ 153,000
(To record the second semiannual interest payment )
3.
Date Account Title and Explanation Debit Credit
December 31, 2022 Bonds Payable $ 3,400,000
Cash $ 3,400,000
(To record the maturity of the bonds )
Issuing corporate bonds is a means for companies to raise funds. Bonds act as loans between investors and companies. Investors agree to pay a company a fixed amount for a fixed period of time. In return, investors receive regular interest payments.
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magine that Eveready has developed solar rechargeable batteries that cost only slightly more to produce than the rechargeable batteries currently available. These solar batteries can be recharged by sunlight up to five times, after which they must be discarded. Unfortunately, the production process cannot be patented, so competitors could enter the market within a year. Which of the following would be the least sound marketing program decision?
A. Select a skimming pricing strategy to position the product as "premium"
B. Seek widespread distribution to gain a foothold in what might be a potentially huge market
C. Limit production capacity until you are certain consumers will actually want the product
D. Avoid a connection to the Eveready brand until the product has proven itself
E. Use multiple brand names to discourage other competitors from entering the market
The following would be the least sound marketing program decision that select a skimming pricing strategy to position the product as "premium."
Consumer information may be distributed through marketing. Customers will then have a fundamental understanding of your product's purpose. Additionally, they'll be aware of the advantages of buying your goods. A lot of individuals are informed about a product thanks to marketing.
The benefit of marketing to your company is that it informs consumers about your goods and services, engages them, and influences their choice to purchase. A marketing strategy, which should be a component of your company plan, may also aid with demand creation and maintenance as well as relevancy, reputation management, and competitiveness.
Hence the correct option is A
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the entry to close revenue accounts includes a debit to which of the following accounts: multiple choice question. sales income summary sales returns and allowances
The entry to close revenue accounts includes a debit to revenue account.
In an accounting context, revenue refers to the total income from the sale of products and services that are directly related to the main operations of the company. Revenue or turnover are two terms that complement business income. Interest, royalties, and other fees are a source of income for some companies.
The term "income" can refer to income in general or the total amount earned over a given period expressed in money. Profit or net income generally refers to total revenue minus total expenses for a particular period. Revenue is a component of the equity portion of the balance sheet and it increases equity.
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seattle hospital, a taxpaying entity, estimates that it can save 30000 a year in cash operating costs for the next 10 years if it buys a special-purpose eye-testing machine at a cost of 135000 . No terminal disposal value is expected. seattle hospital required rate of return is 14%. Assume all cash flows occur at year-end except for initial investment amounts. seattle hospital uses straight-line depreciation. The income tax rate is 34%for all transactions that affect income taxes.
The net present value of the special-purpose eye-testing machine to Seattle Hospital, given the operating costs and revenue, is - $ 7, 779.32.
How to find the net present value ?The net present value is the difference between the sum of the present value of the inflows from the special-purpose eye-testing machine and the outflows.
The present value of the inflows from the special-purpose eye-testing machine to Seattle Hospital is :
= Net cash flow per year x Present value interest factor of Annuity, 14 %, 10 years
= 24, 390 x 5.2161
= $ 127, 220.68
The net present value is:
= 127, 220.68 - 135, 000
= - $ 7, 779.32
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The question is :
Find the net present value
Match the outputs (in the right column) with their respective business processes in the left column). Drag statements on the right to match the left. Supply management a Performance variances, trends Innovation C Order entry, delivery commitments, resolve customer problems Strategic planning Ü’ Vision and long-term objectives and plans Customer service Order fulfillment, production schedules, goods and services Performance measurement New products and new production technologies Do you know the answer? I know it Think so Unsure No idea
The business process that has the output as
Order fulfillment, production schedules, goods and services is Supply management
Performance variances is performance measurement
Vision and long-term objectives and plans is strategic planning
New products and new production technologies is innovation
What is the definition of production?
Production refers the process of making or manufacturing goods and products from raw materials or components.
Here we need to find the match for the outputs with their respective business processes.
In order to find the resulting values, we must know that what is meant by the business process,
Business process is defined as a collection of linked tasks that find their end in the delivery of a service or product to a client.
Based on these definition we have matched the business process to its output.
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indicate which costs would be capitalized as part of the cost of manufacturing equipment. (select all that apply.):- insurance during transit
set-up cost
freight-in
The expenses would be capitalized as part of the manufacturing equipment and include freight, insurance on the equipment during shipping, and installation and testing of equipment.
How Do Capitalized Costs Work?A fixed asset's cost based on a company's balance sheet is increased by an expense known as a capitalized cost. Fixed asset construction or acquisition involves capitalized costs. Capitalized expenses are recognized over time through depreciation or amortization rather than being expensed in the period in which they were incurred.
What is the Paraphrased Advantage of the Capital?A corporation can increase cash flow, spread spending over several quarters, and avoid having to file financial reports when it capitalizes on its costs.
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