Answer:
There’s a lot of competition in this market, so you’ll need to discover some things that give you a competitive advantage.
Expertise
Are you already an expert in stationary lines and the printing business? If not, read up and learn as much as you can. A lot of businesses fail because the owners didn’t know enough about the industry.
Designs
How unique are your designs? Have you obtained copyrights for them? Try to get feedback from people other than friends and family who will be more objective to hone in on the big hits and retire those that don’t elicit positive responses.
Unique Selling Proposition
What are you doing that’s significantly different to the competition? Identify a significant pain point that customers experience in this industry. There are already an overwhelming number of designs, so could it be pricing, shipping, customer service or something else? How are you going to do things differently and stand out?
Define Your Market
Who is your ideal customer? For example, if you are designing wedding stationary, what’s the age, income level, and interests of your typical customer? Sometimes the customer ends up being the mother, friend or significant other rather than the ultimate user. Once you’ve narrowed this down, then think of ways to best reach your customer. Let’s say your ideal customer loves going to the dog park, then you could start by approaching people there and giving out samples.
Gain Testimonials
I’m running with the assumption you’re planning on selling stationary direct to consumer, in which case positive testimonials and reviews are even more important. People place much more trust in a brand and product if there are stories from real people (get pictures and video as much as possible) who love it. In the beginning, you may consider giving out your product or having a special discount in exchange for reviews.
Figure out Production
Are there printing companies you know of the specialize in producing stationary for designers? Get some quotes and compare to how much it would cost for you to buy the appropriate printing machines and produce them yourself. Don’t forget to include the time you’ll save not having to print it yourself, but make sure you get shipping times from these companies. Sometimes larger production companies have access to significant discounts on the bulk materials used to create the product than you will be able to obtain on your own. You may consider starting with a small set up of your own just to produce mock ups and samples even if you otherwise outsource your production.
In most states insurance companies O a higher standard of care of first party Clemets then they do third party Clemets because
Answer:
Most states do not allow the third-party claimant to proceed
against the insurer, once he has been paid the maximum recover-
able on the policy, except as the policyholder's assignee. Some
states, however, have altered this result either by using statutes to
create an assignment where the policyholder has not voluntarily
made one, or by fashioning a direct third-party suit against the insurer.
no 1 college in Pakistan??
Answer:
Aps gak kharian kent
Explanation:
army public gak college
On January 1, 2021, Ackerman Company acquires 80% of Seidel Company for $1,712,000 in cash consideration. The remaining 20 percent noncontrolling interest shares had an acquisition-date estimated fair value of $428,000. Seidel’s acquisition-date total book value was $1,700,000. The fair value of Seidel’s recorded assets and liabilities equaled their carrying amounts. However, Seidel had two unrecorded assets—a trademark with an indefinite life and estimated fair value of $245,000 and several customer relationships estimated to be worth $180,000 with four-year remaining lives. Any remaining acquisition-date fair value in the Seidel acquisition was considered goodwill. During 2021, Seidel reported $172,000 net income and declared and paid dividends totaling $50,000. Also in 2021, Ackerman reported $350,000 net income, but neither declared nor paid dividends. What amount should Ackerman assign to the 20 percent noncontrolling interest of Seidel at the acquisition date? How much of 2021 consolidated net income should be allocated to the noncontrolling interest? What amount of 2021 dividends should be allocated to the noncontrolling interest? What amount of noncontrolling interest should appear in the owners’ equity section of Ackerman’s consolidated balance sheet at December 31, 2021?
If on January 1, 2021, Ackerman Company acquires 80% of Seidel Company for $1,712,000 in cash consideration. The remaining 20 percent noncontrolling interest shares had an acquisition-date estimated fair value of $428,000:
How much of 2021 consolidated net income should be allocated to the noncontrolling interest is $428,000 How much of 2021 consolidated net income should be allocated to the noncontrolling interest is $25,400 What amount of 2021 dividends should be allocated to the noncontrolling interest is $10,000What amount of noncontrolling interest should appear in the owners’ equity section of Ackerman’s consolidated balance sheet at December 31, 2021 is $443,400a) The Non controlling interest has to be recognized at fair value of the amount of $428,000 as on acquisition date
b) Income attributable to NCI of seidel company:
Net income earned bu siedel during the year 2021 $172,000
Less: Amortization of customer relationship asset ($45,000)
($180,000/4)
Net income earned after adjustment $127,000
($172,000-$45,000)
20% share attributable to NCI of seidel company $25,400
($127,000×20%)
c) Dividend allocation to Non controlling interest is 20% of the total dividend declared and paid
Dividend allocation =$50,000×20%
Dividend allocation =$10,000
d) Calculation of Non controlling interest as on December 31,2021:
Opening balance of NCI $428,000
Add: Income for year 2021 $25,400
Less: Dividend allocated ($10,000)
Closing balance of Non Controlling Interest $443,400
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Lucius is very reluctant to make purchase decisions in the marketplace. When stressed about making a purchase, he often relies on others then observes the purchase behavior of those that experience similar difficulty in purchase. He has also joined certain groups that aid him in his purchase decisions. What personality type of consumer best describes Lucius?
Answer:
A careful consumer.
Explanation:
Linwood Johnson has a check for $1395.50 in a check for 876 callers and $.25 he also has $10 in one dollar bills he would like to receive $475 in cash and deposit the rest of the money in the savings account watch the total deposit
Answer:
$1806.75 is the deposit
Explanation:
Add 1395.50, 876.25, and 10 together. Then from that amount subtract 475 then there is your answer
Fast Distribution Company expects its September sales to be 25% higher than its August sales of $151,000. Purchases were $101,000 in August and are expected to be $121,000 in September. All sales are on credit and are expected to be collected as follows: 30% in the month of the sale and 70% in the following month. Purchases are paid 25% in the month of purchase and 75% in the following month. The cash balance on September 1 is $11,000. The ending cash balance on September 30 is estimated to be: _________
The ending cash balance on September 30 is estimated to be: $67,325.
Fast Distribution Company Ending cash balance
Beginning cash balance $11,000
Cash receipts from credit sales made in August $105,700
($151,000 × 0.70)
Cash receipts from credit sales made in September $56,625
[($151,000 × 1.25)× 0.30]
Less Cash disbursements from purchases made in August ($75,750)
($101,000 × 0.75)
Less Cash disbursements from purchases made in September ($30,250)
($121,000 × 0.25)
Ending balance $67,325
($11,000 + $105,700 + $56,625 - $75,750 - $30,250)
Inconclusion the ending cash balance on September 30 is estimated to be: $67,325.
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MasterCard managers are motivated to increase (1) the number of individuals who have and use a MasterCard credit card, (2) the number of banks and other clents who issue MasterCards to customers and/or employees, and (3) the number of locations that accept MasterCard payments. Discuss how MasterCard could use its data warehouse to help it expand each of these customer bases.
MasterCard could use the data warehousing strategy by making its cards acceptable for any transaction in any place.
Data warehouse plays an important role in the competitive market for MasterCard. As the data has been turned into Business Intelligence (BI), which enables individuals, banks and companies to make strong decisions with regard to payment through electronic means.
The data warehousing could be used by MasterCard to gain a distinct advantage over its competitors. As previously Visa represents around 50% of charges for products sold overall while MasterCard was only at 25%.
An example of using Data warehousing is such that banks can issue MasterCard which if used on Aircraft or Restaurants then these banks can use this data to arrange offers and other benefits to motivate cardholders to spend more with their MasterCard. They could even offer limited time openings such as to pay for room or buy exclusive items during shopping.
1. Which is most likely the reason why policymakers would impose a a price ceiling on the market for coffee?
A. Policymakers have thoroughly studied the effects of a price ceiling in this market and find there will be no adverse effects from this policy.
B. Buyers of coffee feel they would benefit from a price ceiling and have pressured policymakers to impose a ceiling on this market.
C. Sellers of coffee feel they would benefit from a price ceiling and have pressured policymakers to impose a ceiling on this market.
D. Buyers and sellers agreed that the policy will be mutually beneficial and together have pressure policymakers to impose a ceiling on this market.
2. Which is most likely the reason why policymakers would impose a a price floor on the market for dairy?
A. Policymakers have thoroughly studied the effects of a price floor in this market and find there will be no adverse effects from this policy.
B. Consumers of dairy feel they would benefit from a price floor and have pressured policymakers to impose a floor on this market.
C. Dairy farmers feel they would benefit from a price floor and have pressured policymakers to impose a floor on this market.
D. Buyers and sellers agreed that the policy will be mutually beneficial and together have pressure policymakers to impose a floor on this market.
Answer:
1. B- Buyers of coffee feel they would benefit from a price ceiling and have pressured policymakers to impose a ceiling on this market.
2. C- Dairy farmers feel they would benefit from a price floor and have pressured policymakers to impose a floor on this market.
The most likely reason why policymakers would impose a a price ceiling on the market for coffee is buyers of coffee feel they would benefit from a price ceiling and have pressured policymakers to impose a ceiling on this market.
The most likely reason why policymakers would impose a a price floor on the market for dairy is Dairy farmers feel they would benefit from a price floor and have pressured policymakers to impose a floor on this market.
A price ceiling is when the government sets the maximum price for a good. A price ceiling is set below the equilibrium price so it benefits consumers of a good. Sellers, on the other hand, are disadvantaged because the profits they would earn would reduce.
A price floor is when the government sets the minimum price for a good. A price floor is set above equilibrium price. These benefits sellers because they earn more profits. On the other hand, buyers are disadvantaged because goods become more expensive.
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100pts
Refine your search to find information about your community's comprehensive and zoning plans, permit application process, and other information and procedures. Determine what steps you would need to take to build a new structure, business, or development in your community. Why are these steps important in ensuring the appropriate development for your community?
Now, use a map to plan your own city or community. What do you think would be required to have a good place for people to live, work, and play? Remember to keep social justice, equity, and environmental protection in mind as well. Consider the natural resources and economic basis for your proposed community.
Explanation:
Have you had the motivation to mobilize your community to address a problem that affects the local population, but just not known how to begin? You might wonder; “How do I investigate the problem?”, “Whom do I involve in the strategies to address the problem?”, “How do I successfully facilitate a group of diverse representatives from a community to reach consensus about a common vision and the actions that will turn ideas into results?”
This tool has the answers to these and other important questions. It will prepare you to lead your community in action planning.
WHAT IS ACTION PLANNING?
The overall goal of action planning is to increase your community’s ability to work together to affect conditions and outcomes that matter to its residents—and to do so both over time and across issues of interest.
As your community works towards a broad vision of health for all, creating supportive conditions for change requires comprehensive efforts among diverse sectors of the community. These include health organizations, faith communities, schools, and businesses. Representatives of each sector come together to form a community coalition. Your community coalition can strive to influence systems changes—programs, policies, and practices that can enhance the community’s capacity to be a healthy environment.
A community coalition initiates its work by generating an action plan.
An action plan outlines what should happen to achieve the vision for a healthy community. Desirable changes and proposed activities (action steps), timelines, and assignment of accountability provide a detailed road map for collaborators to follow.
HOW DOES ACTION PLANNING HELP A COMMUNITY?
REGARDLESS OF THE COMPLEXITY OF THE PROBLEM AT HAND WITHIN YOUR COMMUNITY, ACTION PLANNING HELPS YOU:
Understand the community’s perception of both the issue at hand and its potential solutions
Assure inclusive and integrated participation across community sectors in the planning process
Build consensus on what can and should be done based on the community’s unique assets and needs
Specify concrete ways in which members of the community coalition can take action
The list above describes how an action plan helps a community’s sectors and residents within those sectors work together to achieve a common vision. This tool will address each item and provide guidance for your action planning work that lies ahead.
WHY IS ACTION PLANNING IMPORTANT?
Proper planning of any initiative is critical for yielding the best results or outcomes possible. An action plan, while a significant investment of time and energy, can be an effective tool that grounds all collaborators with a common purpose. Developing an action plan is a critical first step toward ensuring project success.
An action plan assures that:
No detail is overlooked
Proposed action steps are feasible and/or realistic
Collaborators follow through with their commitments
Measurable activities are documented and evaluated
Overall, action planning is important because it provides a reference point with a detailed time line and assignment of accountability for accomplishing tasks along the path to making a difference.
Research findings of the Center for Community Health and Development suggest that there are a number of factors that appear to have a positive effect on rates of community and system change—and one of those includes action planning:
Analyzing Information
8. Who are the top two export partners of the United States?
a. Japan and China
b. Canada and the United Kingdom
c. Mexico and Canada
d. Mexico and China
e. The United Kingdom and Japan
As a market moves from a single seller to a competitive one, a product's price _____.
stays the same
increases
decreases
Answer:
Decreases
Explanation:
1. "The apartment was so cool, but there is no bus stop within miles and I don't have a car."
Something of value that is stored on a computer is called a
A. digital asset
B. digital avatar
C. digital device
D. digital payment
Answer:
A. Digital Asset
Explanation:
Answer: digital asset
Explanation:it’s right
Why Corporations Hedge?
Answer:
A hedge is an investment that is made with the intention of reducing the risk of adverse price movements in an asset. Managers hedge because they are undiversified
retentions are also commonly known as
Answer:
Explanation:
In this page you can discover 21 synonyms, antonyms, idiomatic expressions, and related words for retention, like: reservation, remembrance, withholding, retentiveness, recall, detention, maintenance, holding, recognition, memory and keeping.
Which of the following reflects the effect of the year-end adjusting entry to record estimated uncollectible accounts expense using the allowance method? Balance Sheet Income Statement Statement of Cash Flows Assets = Liabilities + Stockholders' Equity Revenue Expense = Net Income A. − = n/a − n/a − − − OA B. n/a = − − n/a + − n/a C. n/a = − − n/a + − − OA D. − = n/a − n/a + − n/a
It is only option D. − = n/a − n/a + − n/a that reflects the effect of the year-end adjusting entry for Uncollectible Accounts Expense when the allowance method is used.
The entry reduces Accounts Receivable (Assets) through its contra account (the Allowance for Uncollectible Accounts).
It does not affect the liabilities. It reduces Equity because it is an expense that reduces Retained Earnings.
The entry does not affect the Revenue but increases Expenses, which reduce the Net Income.
It is not a cash flow item and does not affect the Statement of Cash Flows.
Data and Options:
Balance Sheet Income Statement Statement of
Cash Flows
Assets = Liabilities + Stockholders' Equity Revenue Expense = Net Income
A. − = n/a − n/a − − − OA
B. n/a = − − n/a + − n/a
C. n/a = − − n/a + − − OA
D. − = n/a − n/a + − n/a
The estimated Uncollectible Accounts Expense is Bad Debt Expense.
When this year-end adjusting entry is recorded, the financial statements affected are only the Income Statement (expenses) and the Balance Sheet (equity).
Thus, the only correct reflection of the adjustment is option D.
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In the service department of the Glenn-Mark Auto Agency, mechanics requiring parts for auto repair or service present their request forms at the part department counter. The parts clerk fills a request while the mechanic waits. Mechanics arrive in a random (Poisson) fashion at the rate of 32/hr., and a clerk can fill requests at the rate of 20/hr. Given the cost for a mechanic is $70/hr., and the cost for a clerk is $25/hr.
Required:
a. Determine the optimum number of clerks to staff the counter.
b. How many mechanics are waiting in line on average?
c. What is the optimum number of clerks to staff the counter?
Answer:
,
Explanation:
why do toy manufacturers continue to produce and market toys that tell boys to be powerful, adventuresome and ready for battle?
The reason toy manufacturers continue to produce and market toys that tell boys to be powerful, adventuresome, and ready for battle is "that advanced marketing research concluded that gender stereotypes sell better in toys production."
This is evident in the fact that many toys manufacturers create toys that promote different gender roles for different kids.
For example, toys that promote male stereotypes are designed and manufactured for boys, while those that promote female stereotypes are designed and manufactured for girls.
The purpose of making toys by the manufacturers is to make money, and the research has shown that kids and parents prefer gender stereotypes in the toys they buy.
Hence, in this case, it is concluded that the toy manufacturers are seeking to earn profits. That is why they continue gender stereotypes in their production.
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What are the three phases in purchasing process
Answer:
It is the journey or buying process that consumers go through to become aware of, evaluate, and purchase a new product or service, and it consists of three stages that make up the inbound marketing framework: awareness, consideration, and decision.
The three steps that make up the inbound marketing framework are awareness, consideration, and decision. This is the path or buying process that customers take to learn about, assess, and acquire a new good or service.
What is purchasing process?The purchasing process refers to the steps a company takes to carry out a purchase. Unlike people, businesses frequently adhere to a structured process when making purchases. Research, input from numerous departments, negotiations, and invoicing may all be required for a business's purchases.
Traditional Purchase Orders were plans for future purchases contracts for purchases known as "blanket purchase orders" or "standing orders".
By employing an effective purchasing strategy, you may cut expenditures. It makes it simpler for you to locate suppliers of low-cost, high-quality goods and services. Possessing a purchase technique will help you to avoid being taken advantage of by con artists.
Thus, The three steps that make up the inbound marketing framework are awareness.
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Which of the following is an example of an indirect tax?
Estate tax
Federal income tax
Personal property tax
Sales tax
Sales tax, took the test and got it correct, hope this helps
Among all the given options of taxes, the one which is considered an example of an indirect tax is sales tax. Hence, Option D is correct.
What is a tax?The activities which are performed by an individual with the aim of making money for fulfilling the basic, as well as the desired needs, are known as a profession.
The money which is made by the person should be done in legal ways and on these incomes, one has to pay some duty to the government. This duty is termed a tax.
As per the income and assets that one has made, taxes are charged on them. Some of them are direct and some of them are indirect. The ones which are direct are Estate tax, Federal income tax, Personal property tax, and many more.
As a result of this, sales tax is considered an indirect tax. Option D is correct.
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Which transaction caused John to overdraw his account?
The Online Bill Payment for $146.67
Check No. 409 for $100
Check No. 410 for $710.49
The Overdraft Fee of $35
Answer:
Check No. 410 for $710.49 caused John's to overdraw his account.
Explanation:
This is when the balance became negative.
By looking at the financial statements given above for the account of John, it can be concluded that the check no. 410 for $710.49 caused John to overdraw money from his account. Therefore, the option C holds true.
What is the significance of overdraw account?An overdraw from an account can be referred to or considered as a transaction in which the account holder is able to withdraw an amount of more than the actual balance in his account. After an overdraw transaction, the balance of the account is negative.
In the account statement given above, one can easily take a guess that after the drawing of Check No. 410 for an amount of $710.49, the balance in the account became negative for the first time, thereby indicating an overdraw transaction.
Therefore, the option C holds true and states regarding the significance of overdraw account.
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1. Read the following scenario and answer the question in 5-10 sentences. You are an expert in the field of advanced laser technology. You believe there is a profitable, though risky, commercial market opportunity for a new and more effective photonic crystal laser. The investment could result in a financial success, but could also result in no new innovations even after significant research costs. It requires a number of experts to coordinate in order to develop the new lasers. You invite eleven people that have never worked together to develop the new technology. You want to form a limited liability company in order to protect the interests of all participants. Evaluate the possible management structures and key terms of any operating agreement that should be considered in order to form an LLC.
The possible management structures and key terms of any operating agreement that must be considered to form an LLC are related to responsibility sharing, as an LLC is a type of entity owned by its partners.
Some features of the LLC are:
Less formality.Tax savings.Flexible management.Simple organizational structure.Therefore, the LLC is a single hybrid entity, more streamlined than a corporation, with the advantage that this proprietorship has limited liability protection.
Management is also more flexible, with decision-making being possible to be shared among its members, regardless of hierarchy.
It is also important to highlight the taxes, as in an LLC the taxation is simpler, with the losses and gains being reported in the tax returns, which helps to offset the income.
So this is a more streamlined and protected form of partnership that can be managed by a group of members more securely than a corporation.
It has less formal requirements to exist, and in case of bankruptcy or debt, there is greater protection for each member's personal property, as in an LLC the debts and obligations cannot be greater than the initial capital invested in the company.
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chi phí cơ hội của viẹc học đại học
5. Which of the following describes a business want?
a higher ROMI
increased profits
a new advertising campaign
decreased expenses
Answer:
so its increased profits
Which of the following helps determine something's value?
O A. utility
O B. beauty
O C. scarcity
D. both A and C
Answer:
D. Both A and C
Explanation:
Items that are more useful and/or more rare, result in higher prices (and if both are true, even higher prices). If an item is rare but useless, the price would be lower. If an item is useful and not rare (think batteries or paper towels) the price lowers.
Both utility and scarcity help to determine something's value. Option (d) is correct.
According to the law of diminishing marginal utility, the enjoyment or utility that a person derives from an item or a product decreases as they consume more and more of it.
According to the law of diminishing marginal utility, a good or service's marginal utility decreases the more of it is used by a person. Consuming increasing quantities of a good gives economic actors less and less pleasure.
A product's life cycle is covered by a number of laws of diminishing marginal units, each of which is distinct but tangentially connected.
Therefore, Option (d) is correct.
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10. Which of the following scenarios would best exemplify Adam Smith's view of best serving the
interests of society?
a. Individuals are selected to fill certain positions within the economy of their nation according
to the needs of the nation as a whole.
b. Markets are carefully regulated to ensure that all individuals within a nation are treated fairly
and charged standardized prices.
c. A country only has a limited amount of space for college students and uses a type of lottery
system to determine who gets these spaces.
d. Government scarcely exists in this country, and transactions are based on a system of barter,
or trading goods, for other goods.
E. Individuals in the country may pursue their own economic growth and self-interest by doing whatever is best for them
Explanation:
Ngành quản trị kinh doanh chỉ cần thiết cho lĩnh vực kinh doanh
Answer:
No
Explanation:
It applies in almost all working environment that you may think of.
How to save money in low income
Answer:
First things first, you need to know how much money you have and what regular fixed expenses you have. Setting up a budget can help. When you don’t have a lot of money coming in, it’s important to check your bank statements regularly and budget accordingly so you have enough to cover your basic needs, like rent and utilities.
If you’re not sure how to set up a budget, try Suncorp’s Budget Planner. It’s free to use and calculates the difference between your income and expenses when you input your information. A little knowledge can go a long way, especially if you’re new to budgeting. In some cases, you might be entitled to financial support from government agencies if you have a low income. Centrelink offers a low income Health Care Card which, if you’re entitled to it, offers discounted services for public transport and medication.
The Department of Human Services has information on income support, so it can be a good idea to do your own research to find out what you’re entitled to ahead of time. Saving money on things like food and entertainment is possible (even on a low income). You could try buying basic food items (think dried fruit, coffee or tea) in bulk, or look for the generic brand instead of the more expensive named options.
Get creative when it comes to entertainment options too. Keep an eye out for free activities in your local area, such as outdoor concerts. You can also pay a visit to your local library, where you can borrow books, DVDs and other resources for free! Paying attention to how you spend your money will help you avoid the temptations of impulse purchases as well.
Exercise 4-7 (Algo) Effects of sales transactions on income statement LO P2
Use the above informations, analyze each transaction by indicating its effects on the income statement-specifically, identify the
accounts and amounts (including + or -) for each transaction.
The Effects of Sales Transactions on the Income Statement are as follows:
Revenue Side:
May 5 Sales Revenue $21,000
May 7 Sales Returns -$1,750
May 8 Sales Allowance -$300
Net Sales Revenue = $18,950
Costs:
May 5 Cost of goods sold $15,000
May 7 Inventory -$1,250
Cost of goods sold = $13,750
Operating Income:
Net Sales Revenue $18,950
Cost of goods sold -13,750
Gross profit $5,200
May 15 Cash Discounts -$379
Operating profit $4,821
Data Analysis:
May 3 Inventory $20,000 Cash $20,000
May 5 Accounts Receivable (Macy Co.) $21,000) Sales Revenue $21,000 credit terms 2/10, n/60.
Cost of goods sold $15,000 Inventory $15,000
May 7 Sales Returns $1,750 Accounts Receivable (Macy Co.) $1,750
Inventory $1,250 Cost of goods sold $1,250
May 8 Sales Allowance $300 Accounts Receivable (Macy Co.) $300
May 15 Cash $18,571 Cash Discounts $379 Accounts Receivable (Macy Co.) $18,950
Thus, the transactions' effects will produce an operating income of $4,821 for the period.
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How does the automatic mechanism move the economy to potential real gross domestic product (GDP) in the long run when current real GDP is above potential GDP?
Answer:
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Explanation:
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bsjrngkfmgnmgfmgm hum kkkmdnxnxmd
jdjfjfngjdmakngnfmslsjfngjfksmakwkkrnckdmrkkrndnrjfnrjfnkskakwlqknfnfbbfbc sndndnskfndnncc cbndjdjdjtmgjdjtkdnsbfmvmmfnskkakdmncncbbgnfncnnfncnfnxndndnfbsnnnfnfnfnfnncsmmslmNbfng nxjndnfjrjfjjcjtiskdkhdjfnf kdjfjfnfndnkdjfndjdjnankxn jdjfncnms
The automatic mechanism moves the economy to potential real gross domestic product The aggregate supply curve over the short run shifts to the left as nominal wages decline.
What is the product?The object being sold is referred to as a product. A service or an object both qualify as products. It could take on a physical, virtual, or cyber form. Every product has a cost associated with it, and each one has a price. The market, the quality, the marketing, and the group that is being targeted all affect the price that can be charged.
With an automatic adjustment mechanism, the system would change by default by either raising taxes, cutting benefits, or both; therefore, the legislation would be required to stop that change.
Therefore, The automatic mechanism moves the economy to potential real gross domestic product
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