Inventory Sub ledger Audit data standards ledger defines product master data, location data, inventory on hand data, and inventory movement. Thus Correct answer (c).
An inventory subsidiary ledger records transactions that effect inventory. A separate account is created for each item offered for sale and contained in inventory. Each item can be tracked in three column entries that record purchases, sales and account balances.
Purchases, sales, and the account balance are often listed in various sets of columns in inventory subsidiary ledger accounts. The number of units, the cost of each unit, and the overall cost are all recorded in the three columns that are included in each set.
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Full Episode :Which Audit data standards ledger defines product master data, location data, inventory on hand data, and inventory movement?
A. Order to Cash Sub ledger
B. Procure to Pay Sub ledger
C. Inventory Sub ledger
D. Base Sub ledger
C. Inventory Sub ledger
A couple deposits $17,000 into an account earning 2% annual interest for 15 years. Calculate the future value of the investment if the interest is compounded daily. Round your answer to the nearest cent
The correct answer is $32652 the future value of the investment if the interest is compounded daily.
An investment is a purchase undertaken with the hope of earning money or increasing capital. Appreciation is the term for an asset's value rising over time. When someone invests in something, they do it with the intention of using it to generate money in the future rather than for current consumption. Why investing is crucial. Investing is a smart way to put your money to work and might even make you richer. If you make smart investing choices, your money may increase in value and outpace inflation. The key factors influencing investment's larger growth potential are the power of compounding and the trade-off between risk and return.
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Which of the following taxes are allowed as deduction while computing the business income?A. Wealth-taxB. Income-taxC. Sales taxD. None of the above
Sales tax is allowed as a deduction while computing the business income
Sales tax is a tax that is imposed on the sale of goods and services, and it is typically paid by the consumer. Businesses are required to collect the tax from their customers and remit it to the appropriate tax authorities. However, businesses may be able to claim a deduction for sales taxes paid on purchases.
These are the purchases that are used for business purposes and are not considered to be personal expenses. In order to claim this deduction, businesses must be able to provide documentation of the sales tax paid, such as receipts or invoices. The business must consider the rules for deducting sales tax may vary depending on the specific tax laws of the jurisdiction in which the business is located.
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why is direct-to-consumer marketing of diagnostic tests for mental illness and behavioral problems a dangerous practice?
Behavioral problems a dangerous practice our emotional, psychological, and social well-being are all parts of our mental health. It affects our thoughts, emotions, and behaviours.
It also helps us to decide how we respond to stress, interact with people, and make good decisions. Every stage of life—from childhood and youth to adulthood—involves the importance of mental health.The term "diagnostic" refers to anything that assists in locating a problem or sickness. A car's emissions test is an illustration of a diagnostic test.
A symptom that is typical of a certain condition and helps doctors identify it is an example of a diagnostic sign. A exam is considered to be "standardised" if it is given and scored in a predictable, or "standard," way.Standardized tests are set up so that the questions and interpretations are consistent, and they are given and scored in a preset, uniform method.
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under current federal income tax law, what is the shortest cost recovery period available to investors purchasing commercial rental property (excluding any personal property)?
Under current federal income tax law, 39 years is the shortest cost recovery period available to investors purchasing a commercial rental property.
The Internal Revenue Service (IRS) imposes a tax on the annual income of individuals, businesses, trusts, and other legal entities. This tax is known as federal income tax. All forms of income that constitute a taxpayer's taxable income are subject to federal income taxes, including wages, salaries, commissions, bonuses, tips, investment income, and certain categories of unearned income.
The city, state, or nation where a person or business resides or conducts business is responsible for collecting tax from them. A tax is referred to as a federal tax when the proceeds are paid to the federal government of the nation. Federal taxes are used by governments to finance national development and maintenance.
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which of the following types of stock funds invests in stock issued by companies expecting higher than average revenue and earnings growth? a. equity income funds b. growth funds c. index funds d. international funds e. regional funds\
Growth funds are the types of stock funds that invest in stock issued by companies expecting higher than average revenue and earnings growth. So option b. is correct.
A growth fund is a mutual fund or exchange-traded fund (ETF) that includes companies primed for revenue or earnings growth at a pace that is faster than that of either industry peers or the market overall. Growth funds are separated by market capitalization into small-, mid-, and large-cap. Most growth funds are high-risk, and high-reward, and are therefore best suited to market participants with a long-term investment horizon and a healthy risk tolerance. Growth funds, along with value funds and blend funds, are one of the main types of mutual funds and exchange-traded funds.
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question 4 as a project manager, you create a project plan. in the plan are documents that help keep a project organized and on track, particularly if a risk arises or a change occurs. in which section of the project plan are these documents linked?
A manager temporarily may be a document accustomed to defining the strategy of an original project. an original temporary contains project details including: Project purpose.
The project purpose is to provide all the knowledge necessary for the execution section like the project's goals, objectives, scope of labor, milestones, risks and resources. Then, this data helps project managers monitor and manage the progress of the project.
Task management is the method of managing a task through its life cycle. It involves designing, testing, tracking, and reportage. Task management will facilitate either individual attain goals, or teams of people collaborate and share information for the accomplishment of collective goals.
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how does contractionary monetary policy affect real gdp, unemployment, and the price level in the short run?
The contractionary monetary policy affects by decreasing real GDP, rising unemployment rate and falling price level
Contractionary monetary policy refers to actions taken by a central bank, to reduce the supply of money in the economy and tighten credit conditions. This type of policy is typically implemented in an effort to curb inflation or stabilize financial markets. In the short run, contractionary monetary policy can have a number of effects on the economy. These effects may include:
Increasing real GDP: The policy can lead to a decrease in aggregate demand, which can result in a decrease in real GDP in the short run. However, if the policy is successful in reducing inflation, it may lead to an increase in real GDP in the long run.
Falling unemployment rate: The policy can lead to a decrease in economic activity and job creation, which may result in a rise in the unemployment rate in the short run. However, if the policy is successful in reducing inflation, it may lead to a fall in the unemployment rate in the long run.
Rising price level: The policy can lead to a decrease in the supply of money and credit, causing price level to rise in the short run. However, if the policy is successful in reducing inflation, it may lead to a decrease in the price level in the long run.
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if a company earns $1,000 profit, has 100 shares issued and outstanding, and a share price of $2, what are the earnings per share?
The earnings per share EPS would be equal to $1,000 / 100 = $10 per share.
To calculate the earnings per share (EPS) for a company, you would first need to determine the net income available to shareholders. This is the company's profit minus any dividends paid to preferred shareholders. If the company has no preferred shareholders and has issued 100 shares, the net income available to shareholders would be equal to the company's profit of $1,000.
To calculate the EPS, you would then divide the net income available to shareholders by the number of shares outstanding. This means that each share of the company's stock would earn $10 of net income. The EPS is an important metric for investors, as it provides a measure of how much profit a company is generating for each share of stock. It is often used to compare the profitability of different companies or to assess the potential return on an investment in a company's stock.
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desalination of ocean water is expensive. which benefit of desalination makes the cost of the process worthwhile?
For human survival, fresh drinking water is made available is the benefit of desalination which makes the cost of the process worth while.
How desalination of ocean and sea water is suitable for drinking?In many parts of the world, there is a need to manage and provide alternate supplies of clean drinking water. The production of clean drinking water through the desalination of seawater and brackish waters is becoming a more viable option as a result of developments in membrane technology.
Desalination is a technique for demineralizing saltwater. Desalination, in its broadest sense, describes the procedure used to eliminate salts and minerals from a target substance, such as soil, which is problematic for farming.
Desalination is the procedure used to transform saltwater, especially seawater, into water suitable for use in irrigation systems or for human consumption. Desalination produces brine as a byproduct. Desalination is used by several submarines and seagoing vessels.
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on july 31, aloe inc. received $5,000 cash from a customer who previously purchased aloe's products on account. what entry should aloe inc. record at the time it receives cash?
Aloe should record, debit cash, $5,000; credit accounts receivable, $5,000. Therefore, option (C) is the correct answer.
The proceeds or money that the business will receive from its clients who have financed their purchases of its goods and services are known as accounts receivable (AR). The credit term is often brief, ranging from a few days to several months or even a full year in rare situations.
Receivable describes a payment that has not yet been realised. This implies that the business must have given its clients a credit limit. Typically, the business offers both cash and credit when selling its products and services.
When a business gives a customer credit, the sale occurs when the invoice is created, but the business gives the customer a grace period to pay the balance later.
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Complete Question:
On July 31, ALOE Inc. received $5,000 cash from a customer who previously purchased ALOE's products on account. What entry should ALOE Inc. record at the time it receives cash?
A) Debit Cash, $5,000; credit Service Revenue, $5,000.
B) Debit Accounts Receivable, $5,000; credit Cash, $5,000.
C) Debit Cash, $5,000; credit Accounts Receivable, $5,000.
D) Debit Cash, $5,000; credit Accounts Payable, $5,000.
true or false: online review websites like yelp and tripadvisor should not be used for conducting reputation management
Online review websites like yelp and TripAdvisor should not be used for conducting reputation management. This statement was false. Thus, option (b) is correct.
What is websites?World Wide Web pages that are typically linked to one another and are made available on the internet by a personal, firm, or institution. A list of web of websites pages and related stuff that share a similar domain name and are hosted on at least a Single.
According to the online reputation management, are the review websites are the used for the attract the customer for the increases the views on the website. It was the strategies to conducting reputation management.
As a result, the statement was false. Therefore, option (b) is correct.
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an insured under a personal auto policy has his corvette smashed into a tree by a flood. how would his policy respond?
An insured under a personal auto policy has his corvette smashed into a tree by a flood. His policy would respond other than collision pays.
Collision insurance covers damage to your car brought on by flipping it over or colliding with an object (such as a telephone pole, a guard rail, or a mailbox). The typical annual expense is around $290. Your deductible is subtracted from the cost of repairs when you have collision insurance.
Following the payment of your deductible, collision coverage assists in covering the cost of repairing or replacing your car up to its real cash worth.
In the event of a covered accident involving a collision with another vehicle, collision insurance covers damage to your vehicle. This can entail making repairs to your insured car or replacing it entirely.
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mainstream economists have adopted some ideas from ret and some rational expectations assumptions are being incorporated into current macroeconomic models. group of answer choices false true
The term "mainstream economics" refers to the orthodox or "neoclassical" school of thought in which all participants are rationally motivated and markets are guided by an invisible hand. Adam Smith's ideas are where modern economics got its start.
What do mean by Mainstream economists ?
The dominant theory envisions an economic system in which there can never be a crisis, i.e., a system in which:
1) monetary authorities control money supply but not credit supply, which depends on saving decisions;
2) banks are merely intermediaries that do not create risks; and
3) the process of wealth creation.
Economic theories that depart from conventional wisdom or neoclassical principles are referred to as heterodox. Despite the fact that the majority of economists support traditional economic theories, they frequently turn to neoclassical notions of market equilibrium and rationality.Prices are lowered in a market where there is competition. The economy as a whole benefits from more individuals having the means to purchase goods, which is excellent for consumers as well as businesses.To know more about "mainstream economics" please click here ; https://brainly.com/question/29670291
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people like waitstaff, bartenders, dining room managers, and hosts are expected to dress and act appropriately to interact with patrons and work as part of what staff? front of the house line cooks back of the house sanitary crew
Front-line staff such as reservationists,parking attendants, hosts and receptionists,bartenders,servers,and bus staff,are primarily responsible for them.
In this type of service,diners take plates from the stack and head to the buffet counter where food is stored in large pans and trays with burners. Guests can serve themselves,or they can ask the server behind the buffet table to serve.A host or hostess is responsible for greeting, welcoming, and seating customer as they enter a restaurant or dining room.The waiters prepare the tables for the new customers by removing the dirty dishes. and cleaning the table top. Since they spend a lot of time in the dining room, they must wear clean aprons and adopt a professional attitude.The waiter, using two large silver serving forks in his hand, places the food on the guests' plates.Each food is served by the waiter from sources to their individual plates.
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the trend within organizations is to move towards variable pay and expanded eligibility compared to fixed pay structures. group of answer choices true false
The statement id False, the trend within organizations is to move towards variable pay and expanded eligibility compared to fixed pay structures.
A firm, institution, group, or other type of body made up of one or more people and serving a specific function is referred to as an organizations. A wide range of legal entities exist, including corporations, governments, non-governmental organizations, political groups, international organizations, armed forces, charities, for-profit businesses, partnerships, cooperatives, and educational institutions, among others. A hybrid organization is one that performs public functions and creates commercial market activity simultaneously in the public and private sectors. A volunteer-run organization is referred to as a voluntary association. Depending on the jurisdiction, these organizations, such as informal clubs or coordinating bodies, may be able to operate without having to comply with legal requirements. These organizations must have a goal in mind, which it is possible for them to express through a manifesto, mission statement, or in a more informal way by how they act. In the case of secret societies, criminal organizations, and resistance groups, organizations may also function covertly or unlawfully. Additionally, in some circumstances, other groups (such as MLK's organization) may present impediments.
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layton is retired and sells hand-crafted fishing rods as a home-based business for a little extra spending money. because he processes less than a dozen credit card payments per year, he does not need to worry about pci compliance requirements for handling his customers’ payment information. t or f
The correct Statement : Layton does not need to worry about PCI compliance requirements for handling his customers’ payment information as for his home-based business uses less than a dozen credit card payments per year.
The answer is False.
When receiving, sending, processing, and storing credit score card statistics, corporations are required to adhere to a fixed of 12 security requirements referred to as PCI compliance, or charge card enterprise compliance. PCI compliance needs that small companies manage firewalls, preserve antivirus software, assign precise IDs to each employee with computer access, and encrypt cardholder data.
The PCI safety requirements are managed through the fee Card enterprise security requirements Council, an impartial employer installed through the cardboard networks in 2006. the cardboard networks and price processors are accountable for imposing these requirements. no matter what number of card transactions are done, every service provider needs to be PCI compliant.
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banks and other financial institutions use savings deposits to help borrowers by
Answer:
option A
Explanation:
use deposits to make loans
a signature on the back of a check whereby the rights of the check are transferred to another party is called a(n) .
Signature on the back of a check whereby the rights of the check are transferred to another party is called Black endorsement.
By signing the check's reverse side, you generate a blank endorsement. It is highly dangerous since anyone in possession of it has the ability to deposit money and make a payment claim. Only complete a blank endorsement.
When a holder of a negotiable instrument signs his or her name on the document's back to transfer ownership or title, the action is known as an endorsement. An endorsement might be given on behalf of another individual or business.
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which of the following does not correctly complete the sentence? a market economy can be likened unto a machine: group of answer choices its purpose is to produce material wealth. its fuel is money. the central processing unit is the price mechanism. the accelerator/decelerator is the level of total spending.
The central processing unit is the price mechanism donot correctly complete the sentence a market economy can be likened unto a machine.
Despite the fact that the economy is a machine, human nature is what determines decisions regarding transactions, production, debt, and labour.
Although most of us are aware with the basics of this concept, it may be eye-opening to see it in such a simple manner. It only serves to emphasise how important it is to understand the system at its most basic level in order to use debt, productivity, and these other components in order to optimise the system or, at the very least, prevent the worst effects of its shortcomings. If you can see the wider picture, you will be less likely to get caught up in the peaks and troughs that define these cycles.
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what are the primary factors that will determine whether debt snowballs out of control or slowly melts?
Whether financing economically worthwhile expenditures, like as infrastructure, through federal deficits.
Why does the federal deficit matter?Debt-ridden nations will have less money to invest in their own future. Lessening economic chances for Americans as a result of rising debt. Rising debt discourages corporate investment and impedes economic expansion. Additionally, it raises predictions for rising inflation rates and a decline in confidence in the US dollar.
Is a federal deficit beneficial?Theoretically, a rise in the fiscal deficit might stimulate a sluggish economy by increasing consumer spending and investment opportunities by giving people more money. However, long-term deficits may be harmful to stability and economic growth.
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an agent with authority to represent the principal only for a specific transaction, usually for a limited time is a(n):
An agent with authority to represent the principal only for a specific transaction, usually for a limited time is limited agency.
The typical real estate agency is a limited agency, depending on the amount of power granted to the agent. In a limited agency, one person, the agent, represents another person, the principle, in legal actions like signing contracts.A briefing in which one entity officially appoints another to act on its behalf is known as a principal-agent relationship. 1 In a principal-agent relationship, the agent represents the principle and is not permitted to have a conflict of interest when performing the act. in business partnerships.
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Bug-Off Exterminators provides pest control services and sells extermination products manufactured by other companies. Following is the company's unadjusted trial balance as of December 31, 2021.
December 31, 2021
Unadjusted Trial Balance
Debit Credit
Cash $ 19,200
Accounts receivable 20,570
Allowance for doubtful accounts $ 850
Merchandise inventory 15,000
Trucks 43,000
Accumulated depreciation—Trucks 0
Equipment 51,600
Accumulated depreciation—Equipment 14,070
Accounts payable 5,550
Estimated warranty liability 1,950
Unearned services revenue 0
Interest payable 0
Long-term notes payable 26,000
Common stock 21,000
Retained earnings 63,600
Dividends 21,000
Extermination services revenue 82,000
Interest revenue 894
Sales (of merchandise) 93,826
Cost of goods sold 49,600
Depreciation expense—Trucks 0
Depreciation expense—Equipment 0
Wages expense 46,000
Interest expense 0
Rent expense 20,000
Bad debts expense 0
Miscellaneous expense 1,270
Repairs expense 13,500
Utilities expense 9,000
Warranty expense 0
Totals $ 309,740 $ 309,740
The following information in a through h applies to the company at the end of the current year.
The bank reconciliation as of December 31, 2021, includes the following facts.
Cash balance per bank $ 16,200
Cash balance per books 19,200
Outstanding checks 2,350
Deposit in transit 3,000
Interest earned (on bank account) 74
Bank service charges (miscellaneous expense) 26
Reported on the bank statement is a canceled check that the company failed to record. (Information from the bank reconciliation allows you to determine the amount of this check, which is a payment on an account payable.)
An examination of customers’ accounts shows that accounts totaling $690 should be written off as uncollectible. Using an aging of receivables, the company determines that the ending balance of the Allowance for Doubtful Accounts should be $755.
A truck is purchased and placed in service on January 1, 2021. Its cost is being depreciated with the straight-line method using the following facts and estimates.
Original cost $ 43,000
Expected salvage value $ 12,400
Useful life (years) 4
Two items of equipment (a sprayer and an injector) were purchased and put into service in early January 2019. They are being depreciated with the straight-line method using these facts and estimates.
Sprayer Injector
Original cost $ 29,200 $ 22,400
Expected salvage value $ 3,000 $ 3,600
Useful life (years) 8 5
On September 1, 2021, the company is paid $15,900 cash in advance to provide monthly service for an apartment complex for one year. The company began providing the services in September. When the cash was received, the full amount was credited to the Extermination Services Revenue account.
The company offers a warranty for the services it sells. The expected cost of providing warranty service is 2.50% of the extermination services revenue of $71,400 for 2021. No warranty expense has been recorded for 2021. All costs of servicing warranties in 2021 were properly debited to the Estimated Warranty Liability account.
The $26,000 long-term note is an 8%, five-year, interest-bearing note with interest payable annually on December 31. The note was signed with First National Bank on December 31, 2021.
The ending inventory of merchandise is counted and determined to have a cost of $13,900. Bug-Off uses a perpetual inventory system.
Required:
1. Determine amounts for the following items:
Correct (reconciled) ending balance of Cash; and the amount of the omitted check.
Adjustment needed to obtain the correct ending balance of the Allowance for Doubtful Accounts.
Depreciation expense for the truck used during year 2021.
Depreciation expense for the two items of equipment used during year 2021.
The adjusted 2021 ending balances of the Extermination Services Revenue and Unearned Services Revenue accounts.
The adjusted 2021 ending balances of the Warranty Expense and the Estimated Warranty Liability accounts.
The adjusted 2021 ending balances of the Interest Expense and the Interest Payable accounts.
2. Use the results of part 1 to complete the six-column table by first entering the appropriate adjustments for items a through g and then completing the adjusted trial balance columns. Hint: Item b requires two adjustments.
3. Prepare journal entries to record the adjustments entered on the six-column table. Assume Bug-Off’s adjusted balance for Merchandise Inventory matches the year-end physical count.
4a. Prepare a single-step income statement for 2021.
4b. Prepare the statement of retained earnings (cash dividends during 2021 were $21,000), for 2021.
4c. Prepare a classified balance sheet for December 31, 2021.
Correct (reconciled) ending balance of Cash: $17,300
Amount of the omitted check: $690
Adjustment needed to obtain the correct ending balance of the Allowance for Doubtful Accounts: $755 - $850 = -$95
Depreciation expense for the truck used during year 2021: $43,000 - $12,400 / 4 = $9,600
Depreciation expense for the two items of equipment used during year 2021: ($29,200 - $3,000) / 8 + ($22,400 - $3,600) / 5 = $3,650 + $3,600 = $7,250
The adjusted 2021 ending balances of the Extermination Services Revenue and Unearned Services Revenue accounts: $82,000 - $15,900 = $66,100 and $15,900
The adjusted 2021 ending balances of the Warranty Expense and the Estimated Warranty Liability accounts: $71,400 * 2.5% = $1,785 and $1,950 - $1,785 = $165
The adjusted 2021 ending balances of the Interest Expense and the Interest Payable accounts: $26,000 * 8% / 12 = $320 and $320
Adjusted Trial Balance
Debit Credit
Cash $ 17,300
Accounts receivable 20,570
Allowance for doubtful accounts $ -95
Merchandise inventory 13,900
Trucks 43,000
Accumulated depreciation—Trucks $ 9,600
Equipment 51,600
Accumulated depreciation—Equipment 21,320
Accounts payable 5,550
Estimated warranty liability 165
Unearned services revenue 15,900
Interest payable 320
Long-term notes payable 26,000
Common stock 21,000
Retained earnings 77,435
Dividends 21,000
Extermination services revenue 66,100
Interest revenue 894
Sales (of merchandise) 93,826
Cost of goods sold 49,600
Depreciation expense—Trucks $ 9,600
Depreciation expense—Equipment 7,250
Wages expense 46,000
Interest expense 320
Rent expense 20,000
Bad debts expense 690
Miscellaneous expense 1,296
Repairs expense 13,500
Utilities expense 9,000
Warranty expense 1,785
Totals $ 345,636 $ 345,636
conventional theories presume that investors ____________, and behavioral finance presumes that they ____________.
While behavioral finance assumes that investors may not be rational, conventional theories assume that they are rational.
What is the difference between conventional finance and behavioral finance?The investor and the market are rational in conventional finance. They obtain or receive all available information, and their conclusions are supported by this information. As a result, according to traditional finance, investors do not base their judgments on feelings.
Psychology plays a part in how people make financial decisions or invest their money, according to behavioural finance. According to behavioral finance, people are irrational and our own biases and emotions influence how we make decisions about our investments. In behavioural finance, investors may make choices based on past experiences, gut instinct, overconfidence, fear, or other factors.
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an important reason the federal reserve would not want to keep interest rates at 0% forever is that doing so would?
The Banking System would not want interest rates to remain at 0% including the fact that doing so would restrict its flexibility to implement expansionary monetary policy in the event of the next recession.
What does the term interest mean?The fee you paid to borrow more money or the fee you demand to lend money is called interest. Interest is often expressed as an annual percentage of the borrowed amount. The rate of return on the loan is known as this percentage.
What is an example of interest?Consider borrowing $1,000 at a 10percent annual interest rate for seven years. Your interest for the first year would be $100. Your interest payment for the next year would be made up of the principle amount plus interest, or $1,100. As a result, your interest for the next year would be $110 ($1,100 multiplied by 0.10).
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you walk into class ten minutes late and find your classmate sunghoon giving a presentation on politics and economic life. he discusses the need for private ownership of the means of production; profit as incentive; free competition for markets to sell goods, acquire cheap materials, and utilize cheap labor; and expansion and investment to accumulate capital. based on these key points, what is sunghoon giving his presentation on?
Sunghoon giving his presentation on the essential features of capitalism. Capitalism is based on theses key points such as profit as incentive, acquire cheap materials, investment to accumulate capital, and so on.
A system of economics known as capitalism is based on the private ownership of the means of production and their use for personal gain. Capital accumulation, competitive markets, the pricing system, private property, the acknowledgment of property rights, voluntary trade, and wage labor are key elements of capitalism.
The beginnings of modern capitalism as a theory may be found in the 18th-century work An Inquiry into the Nature and Causes of the Wealth of Nations by Scottish political economist Adam Smith, while those of capitalism as an economic system can be found in the 16th century.
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Accounts Payable is a(n) ______ account and has a normal ______ balance. A. liability; debit. B. asset; debit. C. asset; credit. D. liability; credit.
Option D. liability; credit. Accounts Payable is a(n) LIABILITY account and has a normal CREDIT balance.
This is because when money is owed, the company has a liability to pay the money back to the creditor. Normal Balance of Accounts PayableAccounts Payable is a type of liability account, which is used to record money owed to creditors of the business. A liability is a debt owed to another person or entity and is typically recorded with a credit entry in the company's general ledger. This means that the normal balance of an Accounts Payable account is a credit. This is because when money is owed, the company has a liability to pay the money back to the creditor. Therefore, the normal balance of Accounts Payable is a credit.
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the common management saying, "what you measure is what you get" signals the importance of:______.
A balanced scorecard is a performance metric for strategic management that enables businesses to identify and enhance their internal operations in order to support their external outcomes.
It provides organizations with feedback on how to make better decisions in the future and measures data on past performance.
What is a balanced scorecard and how does it work?Chart of Accounts. a system for strategic-based performance management that typically identifies goals and measures from four distinct points of view: the perspective of the customer, the process, the financial perspective, and the learning and development perspective.
Why is having control over the supply chain so important?As a result of having control over the supply chain, it can be used to evaluate employee satisfaction, engagement, and leadership.
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brayden is investing $1,617 in three different stocks: zycodec, unix, and xenon. he will invest 40% of the total between zycodec and xenon in the unix stock. twice as much as the investment in zycodec will be given to xenon. how much will brayden invest in the unix stock? (2 points) $385 $462 $770 $924
Brayden is seen to be investing $1,617 in three the different stocks: Zycodec, Unix, and Xenon. So, Brayden in the Unix stock will invest $924.
Investment in the three different stocks - $1,617
Percent of the investment - 40%
Brayden investment in the Unix stock- ?
So, the investment in the Unix stock is calculated below-
40% x 1617 = 648.80 Split between X and Z stock.
2/3 is invested in X 1/3 in Z
=431.20 in X 215.60 in Z
=1617 - 648.8
= 968.20 in the Unix stock
Hence, Brayden in the Unix stock is investing the amount of $924.
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builders and construction firms expect that the price of copper will rise dramatically in the near future. demand; supply: equilibrium price: equilibrium quantity exchanged which determinant changed?
Demand: No change in demand.
Supply: Decrease in supply
Equilibrium price: Increase in equilibrium price
Equilibrium quantity : Decrease in equilibrium quantity
Which determinant changed : The input price determines change.
There is no change in demand .
Builders will reduce output because higher expected prices for inputs like copper will increase production costs.
Price will increase because the supply curve will shift left.
Quantity will decrease because the supply curve will shift to the left.
The Price of input determines the change.
What is Supply Curve?The supply curve illustrates the relationship between the price of an item or service and the volume delivered over a specific time period. In a common situation, the amount supplied will be shown on the horizontal axis and the price will be shown on the left vertical axis.
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Point-of- are product aociation that are not necearily unique to the brand but may in fact be hared with brand
Points-of-parity are those associations not necessarily unique to the brand but perhaps shared with other brands. those associations designed to negate competitors' points-of-difference or overcome perceived weaknesses or vulnerabilities of the brand.
A brand requires points of parity in order to be taken into account by the consumer. In this case, a brand's similarity to others may give customers the impression that it is "good enough" to be discussed.
Any area in which your company is equivalent to that of your rivals and is taken into account by clients when making purchases is known as a point of parity. The characteristics of goods or services that create differentiation are referred to as their point of difference.
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