Which of the following contributed to the large increases in the public debt during the Great Recession?

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Answer 1

The following contributed to the large increases in the public debt during the Great Recessionmultiplied authorities spending2. GDP tiers decreased3. federal tax sales fell.

One of the maximum seen elements of the recession, process losses and unemployment are recognised to be related to multiplied stress, poorer fitness outcomes, declines in kid's instructional fulfillment and academic attainment, delays in age of marriage, and modifications in family structure.Likewise, whilst the economic system is in recession, human beings's earning regularly fall, this means that they'll mechanically pay a decrease tax rate.

And considering that there are greater human beings unemployed, there are fewer human beings paying the earnings tax. During a recession, the authorities might also additionally decrease tax quotes or growth spending to inspire call for and spur monetary activity. Conversely, to fight inflation, it can boost quotes or reduce spending to calm down the economic system.

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previously, management calculated the number of kanban cards allowed by using a value of 1.3 for x. assuming nothing else (e.g., usage rates, container capacities, etc.), which of the following values for x would indicate management's belief that the system has become more efficient? multiple choice 1.4 2.6 2.3 1.2 1.5

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Decreasing values for X indicate, everything else being equal, a system that is improving in efficiency at 1.2.

The term efficiency can be defined because the capability to gain an give up intention with little to no waste, effort, or electricity. Being efficient way you may obtain your results by using putting the sources you have got in the great manner viable. positioned really, some thing is efficient if nothing is wasted and all procedures are optimized.

efficiency is whilst you do the same matters quicker or with much less waste. as an example, you may find a higher manner to run a venture fame assembly so it takes half-hour on average rather than 45 mins. Effectiveness is locating a manner to improve effects, possibly with the aid of doing some thing very otherwise.

enterprise performance refers to how a good deal a corporation or business enterprise can produce because it pertains to the quantity of time, money and resources needed. In different phrases, a enterprise's efficiency measures how well it may rework things like substances, hard work and capital into products and services that produce sales.

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lisun company produces a variety of gardening tools and aids. the company is examining the possibility of investing in a new production system that will reduce the costs of the current system. the new system will require a cash investment of $4,607,200 and will produce net cash savings of $800,000 per year. the system has a projected life of 9 years. required: calculate the irr for the new production system. for discount factors use exhibit 12b-2. round your answer to the nearest whole percentage. fill in the blank 1 %

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The IRR  for the new production system is  80%.

A cash investment is a short obligation, sometimes fewer than ninety days, that gives a come back within the variety of interest payments. Investors that are trying to find a secure investment and looking out to preserve their capital can prefer secure investment vehicles, like money investments.

Net cash is a figure that's reportable on a company's monetary statements. It's calculated by subtracting a company's total liabilities from its total cash. Net cash  figure is often used once evaluating a company's money flows. Net cash  is calculated by subtracting liabilities from a company's money balance.

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Century Manufacturing developed the following per-unit standards for its product: 4 pounds of direct materials at $6.40 per pound. Last month, 3,000 pounds of direct materials were purchased for $18,240. The direct materials price variance for last month was
a.) $960 F
b.) $480 F
c.) $480 UF
d.) 2160 UF
Please explain how.

Answers

The direct materials price variance for last month was Price Variance 960.00 F.

(standared cost-actual cost) (standared cost-actual cost)

Actual quantity equals DM price difference Standard cost $6.40; real cost $6.08 (18,240 total cost / 3,000 units bought).

quantity 3,000 (6.40-60.8)

3000 = Price Variation in DM

difference $3.00 multiplied by $0.32 results in a price variation of $960.00.

The actual price was less than expected. It was cheaper to buy each pound. This difference is advantageous.

How is the price variance calculated?

This formula is used to determine price variance: Vmp is calculated as (Actual unit cost - Standard unit cost) x Actual Quantity Bought. Vmp is equal to the difference between actual quantity purchased and actual unit cost.

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a most important activity, relationship selling represents a dimension of blank since it emphasizes learning about customer needs and wants, and tailoring solutions to customer problems.

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First learning about customer needs and wants and then tailoring solutions to customer problems as a means to customer value creation.

Tailoring refers to a garb item this is custom-geared up for the wearer. because the clothing is custom-healthy, it's going to look accurate at the individual it was made for. Tailoring is something that most people can not do for themselves, consequently, it comes at a rate.

The word “tailor”, which first appeared in the Oxford Dictionary in 1297, comes from a French word—tailler—meaning “to reduce.” The Latin phrase for tailor turned into sartor, meaning a person who patches or mends clothes; the English word “sartorial”, for something associated with tailored garments, is derived from this word.

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If the interest rate on debt is higher than the ROA, then by using debt a firm's ROE will A) decrease B) increase C) not change D) change but in an indeterminable manner

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Option A. is accurate, as employing debt will reduce a firm's ROE if the rate of interest is larger than the ROA.

What distinguishes ROA from ROE?

Two important metrics to assess a company's profitability are rate of return (ROE) and returns on assets (ROA). The primary difference between the two would be that ROA considers leverage and debt, whereas ROE does not. By dividing ROA even by equity multiplier, ROE may be determined.

What is preferable, ROA or ROE?

The best metric to use to assess a company's financial performance is ROA. Respectable earnings are being produced thanks to improved ROE, better ROA, and manageable debt. Lower ROA and higher ROE can lead to confusion.

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whether to subsidize the building, sell out, or make a major improvement is a decision the owner must make after studying the

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The owner must decide whether to subsidize the facility, sell out, or make a significant renovation after reviewing the cash flow analysis.

Describe cash flow.

The net total of money coming into and going from a business at a particular period is referred to as cash flow. A firm constantly receives and expends cash. For instance, when a retailer buys merchandise, money leaves the company and goes to its suppliers.

Does cash flow imply earnings?

The money coming into and going out of your company is referred to as cash flow. Income and expenses are involved. How much money you're earning and spending. However, profit is the amount of money left over after business expenses are subtracted from total revenue.

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When participating in major projects in college marketing classes, effective teams can use a __________ to be sure that each team member does a fair amount of work and that class projects are finished efficiently and on time

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Answer:

Gantt chart

Explanation:

When participating in major projects in college marketing classes, effective teams can use a Gantt chart to be sure that each team member does a fair amount of work and that class projects are finished efficiently and on time.

Which of the following statements is correct?
a. The market value of a bond will always approach its par value as its maturity date approaches. This holds true even if the firm has filed for bankruptcy.
b. On an expected yield basis, the expected capital gains yield will always be positive because an investor would not purchase a bond with an expected capital loss.
c. Rising inflation makes the actual yield to maturity on a bond greater than a quoted yield to maturity that is based on market prices.
d. The yield to maturity for a coupon bond that sells at a premium consists entirely of a positive capital gains yield; it has a zero current interest yield.
e. The yield to maturity on a coupon bond that sells at its par value consists entirely of a current interest yield; it has a zero expected capital gains yield.

Answers

The yield to maturity on a coupon bond that sells at its par value consists entirely of a current interest yield; it has a zero expected capital gains yield. Option E is the correct answer.

The cost of the bond and the redemption value would be equal if the bond had been issued at par, hence there would be no capital gain at redemption. Therefore, during the bond's term, all that would be available to us is the interest yield. As a result, the only component of the yield to maturity on a bond sold at par would be the interest yield.

A. bond's market value will always go closer to its par value as its maturity date draws near. This is accurate even if the company has declared bankruptcy. — The bond's market value would be lower than its par value if the company had declared bankruptcy. Option (a) is therefore untrue.

b. The expected capital gains yield will always be positive on an expected yield basis because no investor would buy a bond with an expected capital loss. — To lower their taxes, some investors might buy bonds with a capital loss. Option (b) is therefore untrue.

c. Bonds' actual yields to maturity are higher than advertised yields to maturity that are based on market prices as a result of rising inflation. — The actual yield to maturity on a bond would be lower than the reported yield to maturity due to rising inflation. Therefore, choice (c) is also untrue.

d. A coupon bond that sells at a premium has a yield to maturity that is entirely made up of positive capital gains yields; it has no current interest yield. — The premium-priced bond also bears interest, so the yield to maturity would be made up of both capital gain and interest yield. Therefore, choice (d) is also untrue.

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___________________________ is theoretically possible, even sensible: give an industry a short-term indirect subsidy through protection, and then reap the long-term economic benefits of having a vibrant healthy industry.
A.) Opportunity cost
B.) The infant industry argument
C.) Dumping
D.) Import quotasB.) The infant industry argument

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B.) The infant industry argument is theoretically possible, even sensible give an industry a short-term indirect subsidy through protection, and then reap the long-term economic benefits of having a vibrant healthy industry.

The goal of subsidies is to resource or assist what are deemed to be key elements of the economic system or national infrastructure. at the same time as subsidies may have a direct high-quality impact on the particular industry or agencies worried, economists argue that subsidies work in opposition to free alternatives and create marketplace inefficiencies.

Subsidies are available in diverse forms which include: direct (coins grants, hobby-loose loans) and oblique (tax breaks, insurance, low-hobby loans, expanded depreciation, rent rebates). furthermore, they can be vast or slim, prison or illegal, ethical or unethical.

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What feeds into almost every marketing decision you can make in a facility?
A detailed understanding of your fans' geographic and demographic data can provide the blueprint for all of your media spending across television, radio, digital and OOH (which stands for out-of-home advertising).
a. True
b. False

Answers

Understanding as much of the organization's data as possible, feeds into almost every marketing decision you can make.

It is a true statement that a detailed understanding of your fans' geographic and demographic data can provide the blueprint for all of your media spending across television, radio, digital and OOH.

What is a marketing decision?

Basically, the marketing decisions refers to those decisions about market segmentation, product quality, product design, choice of distribution channels, corporate image-building, advertising budgets, sales promotions, etc that are very important in an organization.

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"I believe great decisions are made with care, made with conviction, not made with polls. I do not need to take your pulse before I know my own mind. I do not reinvent myself at every turn. I am not running in borrowed clothes. When I act, you will know my reasons."
-George W. Bush, Acceptance Speech, Republican National Convention, August 3, 2000
Which of the following statements best summarizes Governor Bush's argument?

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He does not use polls to decide his stance on the policy of the following statements best summarize Governor Bush's argument.

Bush professes to appreciate the necessity of government involvement in private financial matters if they are anticipated to have a negative influence on the economy as a whole. Bush typically favors free-market capitalism. National and international environmental organizations have blasted Bush for rolling back environmental regulations that date back more than three decades.

Significant income tax reductions during the Bush administration in 2001 and 2003, the introduction of Medicare Part D in 2003, increased military spending for two wars, a housing bubble that fueled the subprime mortgage crisis of 2007–2008, and the Great Recession that followed, were all characteristics of the administration.

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tara corp. uses the equity method of accounting for its 40% investment in flax, inc.'s common stock. during 20x9, flax reports earnings of $750,000 and pays dividends of $250,000. assume that: all the undistributed earnings of flax will be distributed as dividends in future periods. the dividends received from flax are eligible for the 80% dividends-received deduction. there are no other temporary differences. tara's 20x9 income tax rate is 30%. enacted income tax rates after 20x9 are 25%. in its december 31, 20x

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The increase in the deferred income tax liability from the above transactions would be $10,000.

Equity method in accounting is that the method of treating investments in associate firms. Equity accounting is sometimes applied wherever a capitalist entity holds 20–50% of the stock of the associate company, and thus has important influence on the latter's management

A balance sheet is a plan that reports a company's assets, liabilities, and shareowner equity. The balance sheet is one in all the 3 core money statements that area unit wont to judge a business. It provides a snap of a company's finances (what it owns and owes) as of the date of publication.

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Tara corp. uses the equity method of accounting for its 40% investment in flax, inc.'s common stock. during 20x9, flax reports earnings of $750,000 and pays dividends of $250,000. assume that: all the undistributed earnings of flax will be distributed as dividends in future periods. the dividends received from flax are eligible for the 80% dividends-received deduction. there are no other temporary differences. tara's 20x9 income tax rate is 30%. enacted income tax rates after 20x9 are 25%. Tara elected early application of FASB Statement No. 109, Accounting for Income Taxes. In its December 31, 2005 balance sheet, the increase in the deferred income tax liability from the above transactions would be

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The Cost Of Goods Available For Sale Consists Of The Cost Of Beginning Inventory Plus The Cost Of Goods Purchased During The Period.

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The statement 'The cost of goods available for sale consists of the cost of beginning inventory plus the cost of goods purchased during the period' is false.

The cost of a good is set by such a process that the inventory plus the cost that it took for the production of that product are considered. The cost of all the goods that are purchased during that period is not considered when setting the cost of goods. Hence, the statement above is false.

The cost of goods if including the goods purchased during that period will be much higher and goods cannot be sold at such a high value as customers will not buy them then. Hence, only the inventory cost and the making of the product are considered when the cost of goods is set.

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

The cost of goods available for sale consists of the cost of beginning inventory plus the cost of goods purchased during the period. True or False

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in sentiment analysis, it is hard to classify some subjects such as news as good or bad, but easier to classify others, e.g., movie reviews, in the same way. t/f

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In sentiment analysis, it is hard to classify some subjects such as news as good or bad, but easier to classify others, like movie reviews, in same way - True

Sentiment analysis is the process of analyzing data to identify and extract subjective opinions and feelings. In some cases, it can be relatively straightforward to classify the sentiment of a piece of text as positive, negative, or neutral. For example, movie reviews are often written with a clear positive or negative sentiment, which makes it relatively easy to classify them as such.

However, in some cases, it can be difficult to classify the sentiment of a piece of text. For example, news articles may contain a mixture of positive and negative sentiments or may be more objective in nature and not express a clear sentiment at all. In these cases, it can be more challenging for a sentiment analysis algorithm to accurately classify the sentiment of the text.

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(Scenario: The Quantity Theory of Money) Suppose that the money supply is equal to $40 billion and that the velocity of money is 4. If the aggregate price level is 8, then the nominal GDP is: $100 billion. $160 billion. $80 billion. $200 billion

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Suppose that the money supply is equal to $40 billion and that the velocity of money is 4. If the aggregate price level is 8, then the nominal GDP is $80 billion.

The money supply is the entire amount of money—cash, coins, and bank account balances—in nominal circulation. The money supply is typically understood as a collection of secure assets that individuals, businesses, and governments can use to make payments or hold as short-term investments. This can be used in the quantity equation: money supply times money velocity equals price level times real GDP. Money supply growth rate plus money velocity growth rate equals inflation rate plus output growth rate.

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The type of planning that is concerned with developing detailed short-term actions about what is to be
done, who is to do it, and how it is to be done is known as planning. A. strategic B. contingency C. first-line D. tactical

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planning for the immediate term that is tactical and focused on creating specific activities.

Describe the tactical concept.

a broad assertion that serves as the foundation for the future growth of tactical doctrine. also refer to the tactical sub-concept. Military and Related Terms Dictionary.

What exactly are strategy skills?

Elite athletes use tactical talents, which are purposeful mental aptitudes, to win matches and contests. Athletes and teams can employ their strategies more successfully by mastering these skills. They may require drawback abilities, and they frequently depend on the individual's awareness of their team's objectives.

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TRUE/FALSE. the diagnostic report sent to all failed examinees lists the percentages of correctly answered questions in each knowledge area of the exam.

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False The percentages of questions that were correctly answered for each knowledge area are listed in the informational report that was issued to all failed test takers.

A diagnostic service will normally deliver a diagnostic report once the results of the investigations are known. An assortment of atomic findings, written reports, photos, and codes make up the information. Depending on the nature of the diagnostic process and occasionally the nature of the findings for a certain investigation, the mix changes.

An analytical report is a business document that displays both quantitative and qualitative performance data on the company under analysis so that management can draw conclusions and assess business plans.

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Samuel was recently hired as a risk management professional for Parker Property Management. He has been asked by senior management to review the organization's current insurance policies to make sure that the organization is adequately protected, and also see if there are any opportunities to save on the premiums. Samuel must do which one of the following through internal communication before he will be able to complete this task?
Select one:
A. Earn the confidence of the organization's board of directors
B. Determine the organization's risk appetite
C. Become familiar with industry regulations
D. Identify all of the risks that the organization faces

Answers

Samuel must do B. Determine the organization's risk appetite.

The insurance policy is a contract between the insurance company and also the customer, that determines the claims that the insurance company is lawfully needed to pay. In exchange for associate initial payment, called the premium, the insurance {underwriter|underwriter|nondepository financial institution} guarantees to obtain loss caused by perils coated under the policy language.

In insurance,  premium equates to the money that's paid by any individual or company/business for availing of associate contract. The premium quantity is influenced by multiple factors and varies from one receiver to a different.

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comparing cash dividends and stock dividends weili corporation has 80,000 shares of common stock outstanding with a par value of $8. required: complete the table below for each of the two following independent cases: case 1: the board of directors declared and issued a 40 percent stock dividend when the stock was selling at $25 per share. case 2: the board of directors declared and paid a cash dividend of $2 per share. images explain how case 1 and case 2 will be reported on the statement of cash flows.

Answers

In Case 1 Increase in Stockholders' Equity is $400,000 and Case 2 Increase in Stockholders' Equity is $0

Case 1:

Cash Flow Statement:

Increase in Cash: $0

Increase in Stockholders' Equity: $400,000

Case 2:

Cash Flow Statement:

Increase in Cash: $160,000

Increase in Stockholders' Equity: $0

A cash flow statement is an important tool used to manage finances by tracking the cash flow for an organization. This statement is one of the three key reports (with the income statement and the balance sheet) that help in determining a company's performance.

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Which of the following is not a derivative security?
a. a call option on a stock index
b. a futures contract
c. an interest rate swap
d. a repurchase agreement
e. All of the above are derivative securities.
Answer: d. a repurchase agreement

Answers

A repurchase agreement is not a derivative security. The correct answer is D.

A financial instrument whose value is based on the cost of another asset is referred to as a derivative security. Futures, forwards, alternatives, and swaps are the four main categories of derivatives. A convertible bond is an illustration of a by-product protection.

A protection with a rate that is based on or derived from one or more underlying properties is known as a spinoff. An arrangement between two or more parties that is based primarily on the asset or property is called a spinoff. Its price is determined by changes in the value of the underlying asset.

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what can you do with the data that you import from an excel workbook into access? select all the options that apply.

Answers

The tasks that can be done with the data imported from an Excel workbook into access are as follows,

Import the data into a new table.Link to the workbook by creating a linked table.Append the data to an existing table.

Therefore, the options A, B and C hold true.

The Excel workbook is an integral computer software used for the purpose of maintaining different forms of data into cells through a proper formatting. The scope of Excel has increased ever since. The data in an Excel workbook has different applications, and some of them have been explained above.

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Complete question

what can you do with the data that you import from an excel workbook into access? select all the options that apply.

Import the data into a new table.

Link to the workbook by creating a linked table.

Append the data to an existing table.

If the required reserve ratio is 0.2, a $1 billion increase in bank reserves can lead to an increase in M1 of at most

Answers

If the required reserve ratio is 0.2, a $1 billion increase in bank reserves can lead to an increase in M1 of at most $5billion

The amount of reservable liabilities that commercial banks must keep onto rather than lend out or invest is known as the reserve ratio. The central bank of the nation, in this case the Federal Reserve in the United States, sets this criterion. It is often referred to as the ratio of cash reserves.

Simply dividing the amount of money a bank must keep in reserve by the amount of money it has on deposit yields the required reserve ratio. For instance, if a bank had to hold $500,000 in reserves along with its $10 million in deposits, the minimum reserve ratio would be 1/20, or 5%.

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from our module/week 9 reading, supply chain information technology: chap 1 supply chain information systems, page 14, which of the following lists contains the key rationales for implementing enterprise resource planning (erp) systems?

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Reduced cost contains the key rationales for implementing enterprise resource planning (ERP) systems.

What is Technology?

Technology is the use of knowledge in a specific, repeatable manner to achieve useful aims. The outcome of such an effort may also be referred to as technology. Technology is widely used in daily life, as well as in the fields of science, industry, communication, and transportation.

ERP, at its heart, is a program that streamlines business operations and offers internal checks and balances. It does this by utilizing a centralized database that compiles data from several departments, including accounting, production, supply chain management, sales, and marketing (HR).

The following lists contains the key rationales for implementing enterprise resource planning (ERP) systems is Reduced cost.

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researchers found a relationship between organizational success, measured by indicators like revenues, sales and market share, and organizational culture. t/f

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The researchers found a relationship between Organizational success, measured by indicators resembling revenues, sales and market share, and organizational culture. This is true.

An association is a reality — similar to a company, an institution, or an association comprising one or further people and having a particular purpose. Organizational success generally comes from having a clear plan or strategy to deliver on a charge.

Successful associations produce value. Organizations, of course, come in numerous shapes and sizes, flavors, and colors.

Organizational Success is traditionally measured by fiscal success, loftiest quality goods, and services, on time and budget, and satisfied workers, patrons, and shareholders.

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your company provides testing services that help customers identify and resolve performance issues with their software and e-commerce sites before they go live. to perform accurate testing, a large number of computers are required, sometimes numbering in the hundreds. recently, you have noticed that the lights in the testing lab seem dimmer than normal and sometimes flicker. which of the following electrical terms best describes the condition you are most likely experiencing?

Answers

Brownout best describes the condition you are most likely experiencing.

A brownout is a drop in voltage in an electrical strength deliver machine. accidental brownouts may be because of immoderate power demand, extreme climate activities, or a malfunction or error affecting electric grid manage or monitoring structures.[1][2] Intentional brownouts are used for load discount in an emergency, or to save you a complete grid electricity outage because of excessive call for.[3] The time period brownout comes from the dimming of incandescent lighting while voltage reduces. In a few nations, the time period brownout refers no longer to a drop in voltage however to an intentional or unintentional strength outage (or blackout).

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Willingham, Inc., an accrual basis C corporation, reports pretax book income of $1,600,000. At the beginning of the year, Willingham reported no deferred tax accounts on its balance sheet. At the end of the year, Willingham’s depreciable assets had a net book value of $15,000,000. It is subject to a 21% U.S. income tax rate in the current year and for the foreseeable future.
Willingham’s book-tax differences include the following. Compute the entity’s current and deferred Federal income tax expense for the year.

Answers

Willingham’s book-tax differences include the following. Compute the entity’s current and deferred Federal income tax expense for the year.

Taxable income = 1,600,000 + 4,000,000 - 3,000,000 - 2,000,000 - 200000 = 400000

Current income tax expense = 400000 *21/100= 84000

Deferred income tax expense = [1,600,000 - 200000 -400000] *0.21 = 210000

Taxable financial gain refers to the bottom upon which an income tax system imposes the tax. In different words, the income over which the govt obligatory tax. Generally, it includes some or all things of income and is reduced by expenses and other deductions. The amounts enclosed as income, expenses, and other deductions vary by country or system.

Several systems offer that some styles of income aren't taxable and a few expenditures are not deductible in computing taxable income. Some systems base tax on taxable income of this period, and some on previous periods. ratable income might talk to the income of any taxpayer, together with individuals and corporations, in addition as entities that themselves don't pay tax, corresponding to partnerships.

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Which one of the following statements is incorrect?
=When preferred stock is noncumulative, any dividend passed in a year is lost forever.
=Dividends may be paid on common stock while dividends are in arrears on preferred stock.
=Dividends in arrears on preferred are not considered a liability.
=Dividends cannot be paid on common stock while any dividend on preferred stock is in arrears.
Dividends may be paid on common stock while dividends are in arrears on preferred stock.

Answers

The correct option is Dividends may be paid on common stock while dividends are in arrears on preferred stock.

Preferred stock shares square measure issued with a guarantee of a dividend payment, thus if a corporation fails to issue those payments as secure, the full quantity owed to the investors is recorded on its record as dividends behindhand.

Investors in preference shares obtain shares primarily for the dividend. they're basically a hybrid of stocks and bonds. That is, they represent associate degree possession stake within the company, as any stock will. However, they're not usually bought with the expectation that their worth can rise within the close to future, facultative the owner to sell the shares at a profit.

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An international organization that includes the US and several other countries and whose goal is to reduce or eliminate tariffs and other barriers to world trade is commonly referred to as GATT
True

Answers

True, GATT stands for General Agreement on Tariffs and Trade, which is the name of an international organization that the US and numerous other nations are members of.

The General Agreement on Tariffs and Trade (GATT) is an international treaty that was created with the aim of promoting trade by lowering or removing trade restrictions like tariffs and quotas. The "substantial reduction of tariffs and other trade barriers and the elimination of privileges, on a reciprocal and mutually beneficial basis" were its stated goals in the preamble.

The GATT is now managed by the Council for Trade in Goods (Goods Council), which is made up of representatives from every WTO member state. Etienne Oudot de Dainville will serve as the Goods Council's chairman as of September 2022.

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which of the following forms of joint ownership are subject to the right of survivorship? check all that apply. community property joint tenancy tenancy by the entirety tenancy in common

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Joint tenancy and tenancy by the entirety forms of joint ownership are subject to the right of survivorship .

Joint property owners have the right of survivorship, which guarantees that, in the event of one owner's passing, the surviving owner(s) will take over ownership of the deceased owner's share of the property.

In this state, the doctrine of the right of survivorship does not apply to real land or personal property owned by joint tenants; instead, save in the instance of estates by entirety, a devise, transfer, or conveyance to two or more individuals creates a tenancy in common.

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John Kim agrees to contribute equipment with a fair market value of $5,000 in exchange for 100 shares of Rio Inc.'s common stock with a par value of $1 per share. Rio will record this transaction as a credit to which of the following accounts? (Check all that apply.)Common Stock
Paid-in Capital in Excess of Par Value

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Common Stock Paid-In Capital Exceeding Par Value is one of the following accounts about Common Stock Paid-in Capital in Excess of Par Value.

What Are Common Stocks, Exactly?

The board of directors is chosen by common stock holders, who also decide on corporate strategy. This kind of stock ownership often offers better long-term rates of return. The rights of common shareholders to a company's assets, however, do not begin in the case of a liquidation until all bondholders, preferred shareholders, and other debt holders have been fully compensated.

The common stock of a corporation is disclosed in the shareholders' equity section of the balance sheet. Whatever assets are left over following a liquidation go to common stockholders after creditors, bondholders, and preferred stockholders have been compensated.

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Answer:  Paid-in Capital in Excess of Par Value & Common Stock

Explanation:

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