Answer:
An example of a Real Account is a Bank Account. A Personal account is a General ledger account connected to all persons like individuals, firms and associations. ... A Nominal account is a General ledger account pertaining to all income, expenses, losses and gains. An example of a Nominal Account is an Interest AccountLorenzo just received a prestigious fellowship to study abroad for a year! However, he still has six months left on his one-year apartment lease. His landlord has given him permission to draw up a new agreement with his sister Maggie, whereby Maggie will live in the apartment, pay rent to Lorenzo, and then Lorenzo will pay the landlord. This is an example of ______.
Answer:
Assignment
Explanation:
Since in the given situation it is mentioned that Lorenzo has received the fellowship for studying abroad for a year but he needs to stay 6 months in the apartment also at the same time the landlord gives the permission for the new agreement with his sister where his sister pay the rent to him and then he pay the rent to landlord so this represent the assignment which needs to be followed for the 6 months anyhow
Dobris Networks Inc. provides network traffic awareness, analysis, and control solutions for broadband service providers in USA. The company plans to expand its business in Austria. The directors of the company want a group of top level managers to take a call on the expansion strategy by studying the situation on hand. The task assigned to the group is an example of _____ tasks.
Answer:
D. intellective
Explanation:
The Intellective task is the task that includes the group capability for making the decision or the judgement
Since in the given situation it is mentioned that the company directors wants the group of the top level manager where the expansion strategy should be called via having the situation on the hand so here the task allocated to the group represent the example of the intellective task
MycroFiber is a producer of microfiber material for the auto detailing industry. Jamal, the owner of MycroFiber is highly skilled in the technical and manufacturing areas, but does not understand pricing. Jamal knows he wants to cover the cost of production when selling his material and needs revenue to cover his overhead costs and to make a profit. To be sure he meets these goals, Jamal decides to take a cost-based pricing approach. If MycroFiber's cost of production is $4 a square yard, Jamal and Jamal prices his material at $10 a square yard, what is MycroFiber's margin percentage?
a. 40%.
b. 150%.
c. 60%.
d. 250%.
Answer:
40%
Explanation:
The MycroFiber's cost of production is $4 a square yard.
The Price of the material is $10 a square yard
The margin percentage is calculated as shown below:
Profit Margin = Profit/Revenue
Profit Margin = ($4/$10)* 100%
Profit Margin 40%
MycroFiber's margin percentage is 40%
The correct option will be "a. 40%."
Many checking accounts offer multiple ways of accessing money in addition to checks. Which of these can be used to access money in a checking account?
debit card
credit card
certificate of deposit
passbook
One of the ways through which money in a checking account can be accessed is: A. debit card.
What is a checking account?A checking account is also referred to as a current account or transaction account and it can be defined as a type of bank account at a financial institution, that allows an accountholder to easily deposit and withdraw his or her money for daily activities.
This ultimately implies that, the use of a debit card is one of the ways through which money in a checking account can be accessed because it allows for deposits and withdrawals of cash at any given time.
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Amanda is a manager at an automobile manufacturing plant. After careful inspection, one of her employees noticed a defect in a part that is necessary for airbag deployment. The company has been using that part for the past three months and it is unknown for how long they might have been receiving the defective part from their supplier. Amanda follows the utilitarian approach for her ethical decision making. Amanda will likely
Amanda will likely recall all the vehicles that have the defective part, even if it results in a significant financial loss for the company.
Why is ethical decision-making important in the business environment?Without a robust code of ethics, a company risks breaking the law, falling into financial trouble, and facing unethical situations. However, a company's stakeholders—including customers, employees, and other parties—are assured by good business ethics that it follows the law and acts morally.
The utilitarian approach to ethical decision-making aims to maximize overall happiness or pleasure and minimize overall pain or harm. In this scenario, Amanda must consider the potential harm that the defective part can cause to the customers who buy the cars manufactured by her company.
If the airbag deployment fails due to the defective part, it can result in severe injury or even death of the passengers in the car. Therefore, to minimize overall harm, Amanda should recall all the vehicles that have a defective parts, even if it results in a significant financial loss for the company.
This action will prioritize the safety and well-being of the customers over the company's financial interests, as it will prevent potential harm to many people.
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f the cross-price elasticity of food and clothing (% change in demand for clothing / % change in the price of food) is -0.7, then the income effect on demand for clothing caused by a price increase of food A. tends to increase the consumption of clothing. B. tends to decrease the consumption of clothing. C. is less than the substitution effect. D. None of the above.
Answer:
Option "D" is correct.
Explanation:
Given the cross-price elasticity = -0.7
The rise in price of a commodity will decrease the consumption of the same commodity but it will increase the consumption of its substitute commodity. When the price rises for food then the nominal income falls, resulting in the fall in demand for food. Since income elasticity considers the change in actual income. Thus option D is correct.
All of the following our services that are available at banks except.....
Automatic bill payment
ATM
Tax accounts
Money orders
Overdraft protection
Debit card
Travelers checks
Online banking
is it money order.i am confused
After serving a good number of customers in its home state, Marble Cakes, Inc. has set up business in three other states with additional menu options of cupcakes, donuts, and coffees to generate new customers. This has enabled the company to successfully maintain its corporate strategy. Marble Cakes, Inc. is engaging in which of the following? Select one.
a)Vertical integration
b)Horizontal diversification
c)Horizontal specialization
d)Vertical specialization
Answer:
b)Horizontal diversification
Explanation:
Horizontal diversification is defined as the process by which a business starts providing a product that is unrelated to its previous products supplied.
However the market is a similar one.
In the given scenario Marble Cakes, Inc. has set up business in three other states with additional menu options of cupcakes, donuts, and coffees to generate new customers.
The new set of products are completely different from the one initially supplied, but sales is in similar market as before.
An example of a normative economic argument is: Group of answer choices arguing that high degrees of income inequality is inefficient because it leads to greater expenditures on health care costs. arguing that universal health care should be adopted because overall costs are lower under that type of health care system. arguing that high degrees of income inequality is inefficient because it leads to greater governmental expenditures on welfare programs. arguing that high degrees of income inequality is immoral and unjust. all of the available answers are correct.
Answer:
arguing that universal health care should be adopted because overall costs are lower under that type of health care system
Explanation:
Normative economics is one that states what should be as opposed to what is obtainable. It is a prescriptive view of a situation involving investment projects, economic development, statements, and scenarios.
In the given instance the normative statement is: arguing that universal health care should be adopted because overall costs are lower under that type of health care system.
The view here is that the present cost in health care system is presently high.
To reduce the overall costs we should use universal health care as a way to reduce costs.
An economy produces wind turbines, pizza, automobiles, and haircuts. Consumers purchase pizza and haircuts, as well as T-shirts made in another country. Firms purchase wind turbines, as well as x-ray machines made in another country. The government purchases automobiles. An increase in the price of x-ray machines will increase the _____ price index. An increase in the price of T-shirts will increase the _____ price index.
Answer:
An increase in the price of x-ray machines will increase the _Inflation____ price index. An increase in the price of T-shirts will increase the __Inflation___ price index.
Explanation:
Given -
The price of the X ray machine and the T-shirt is rising and people's income is stable. In this scenario, the purchasing ability of a person declines and he/she will not be able to buy these two commodities thereby increasing the inflation price index.
An increase in the price of x-ray machines will increase the _Inflation____ price index. An increase in the price of T-shirts will increase the __Inflation___ price index.
Think of an advertisement that you found particularly effective. Describe the product and the advertisement. Explain why you believe it was effective.
Answer:
I find that the advertisment towards the south korean pop Band BTS directed towards a variety of ages is very effective. They promote their music on all social media plataforms which is obviously directed towards teens and People in their 20s. They make an annual 50 million dollars
Explanation:
My hips dont lie
How much do alcohol related crashes cost Florida every year
like $44 millon
hopes it help
who is the CEO of Amazon
Lightning strikes one of Christy’s trees in her backyard and starts a fire that spreads to two other trees before firefighters are able to put it out. The fire department charges her $600 for responding to her call. Christy’s DP-2 policy has a Coverage A limit of $95,000. What is the maximum amount of indemnification that Christy can expect to receive for this loss (ignoring any deductible)?
Answer:
$2000
Explanation:
The maximum amount of indemnification that Christy can expect to receive for the loss = $2000
Given that Indemnity is the payment made to an insured person that will cover the exact cost of the loss suffered
limit of Christy's DP-2 policy = $95,000
Cost of damages charged by fire department = $600
This is a partial loss ( not considering depreciation )
Replacement cost = $95,000
assume percentage of loss = 2.1%
Max amount of Indemnification = 2.1% * 95,000 = $1995 ≈ $2,000
A large HMO has teamed up with several other large HMOs to study falls and footwear. The investigator proposes to review 5,000 medical records across 10 institutions of individuals injured during the last three years from a fall, so he has enough power to detect whether there is a greater number of falls among people who wear clogs. Because individuals wear so many different types of shoes, he will need to review a large number of records to find those few individuals who fit this category. From the medical records, he plans to extract the type of shoe the individuals wear. Which of the following is likely to be the level of review?
a. expedited review required, as the study presents no greater than minimal risk but involves the use of medical records that contain sensitive information
b. full IRB review because the study exposes subjects to greater than minimal risk because the use of private information from multiple institutions
c. exempt as the study presents no greater than minimal risk and does not collect identifying information
Answer:
c. Exempt as the study presents no greater than minimal risk and does not collect identifying information
Explanation:
It is given that, the researcher wants to the number of individuals who ere injured or fell and wore the clogs type of shoes. So he teamed up with several HMOs to make a study on the falls and the footwear by studying at least 5000 medical records for the last three years.
By studying the medical records of the individuals, he wishes to extract the shoes type of the individual wear. Thus, this type of review is an exempted review because in this case the study have no greater than the minimal risk and also it does not collect any identifying information of the subjects.
Therefore, option (c) is correct.
In a perfectly competitive market: Group of answer choices every seller tries to distinguish itself by offering a better product than its rivals every seller tries to undercut the prices charged by its rivals every sellet takes the price of its product as set by market conditions one seller has successfully outcompeted its rivals so no other sellers remain
Answer:
Every seller takes the price of its product as set by market conditions.
Explanation:
The correct answer is "every seller takes the price of its product as set by market conditions".
In a perfectly competitive market, the price is determined by the market condition such as demand and supply. Thus, the price will be set at the level where the demand and supply curve intersects. So at this point, the price determined is called the equilibrium price.
A manufacturing plant located by a busy highway uses and stores highly volatile explosives. The owner of the plant has imposed strict safety measures to prevent an explosion at the plant. During an unusually heavy windstorm, a large tile was blown off the roof of the plant and crashed into the windshield of a passing car, damaging it. The driver of the car brought a strict liability action against the owner of the plant to recover for the damage to the car’s windshield. Is the driver likely to prevail?
Answer: No, because the damage to the windshield did not result from the abnormally dangerous aspect of the plant’s activity.
Explanation:
Based on the information given in the question, the driver will not prevail. This is because the damage to the windshield did not result from the abnormally dangerous aspect of the plant’s activity.
In this case, the owner of the plant has imposed strict safety measures to prevent an explosion at the plant and the damage of the windshield of the car was due to heavy windstorm and not from the plants activities.
Activity-based costing (ABC) can eliminate cost distortions because ABC: A. develops cost drivers that directly link the activities performed to the products manufactured. B. establishes multiple cost pools. C. employs capacity-related cost drivers. D. recognizes interactions between different departments in assigning overhead costs.
Answer:
A. develops cost drivers that directly link the activities performed to the products manufactured.
Explanation:
ABC identifies the activities and according to that the cost are distributed that based on the predetermined overhead rate. So it also helps in removing the distortions of the cost so that drivers of the cost could be identified that are applied for the cost distribution for the activities that are performed
Therefore the option a is correct
If you were the leader of a special-purpose team developing a new computer game and conflicts arose related to power and status differences among team members, what would you do? How might you use the various conflict-resolution techniques
Harry's, your family-owned business, has been serving breakfast, lunch, and dinner in your city for so long that it's practically an institution! Your lunch menu items range in price from $8.99 to $13.99. Recently, your head chef suggested adding a delicious new seafood option to the lunch menu, but the costly ingredients involved will force you to charge $17.99 for it, which is comparable to what you charge for dinner menu items. You're concerned that this will upset your long-time customers. What should you do?
A. Set the price at $17.99, but raise the prices of all other menu items by S2 or more so it doesn't stand Support and out
B. Set the price at $17.99, and trust that your customers will see the value of the new menu item
C. Set the price at $14.99 for the first month, then gradually raise it to $17.99 over the next three months
D. Set the price at $13.99, but cut costs on all other menu items to make up for any revenue shortfalls
Answer:
Option C
Explanation:
To run a food business, the first and foremost thing is to attract customers and create a customer base. Hence, the price must be kept lower in the initial days to grab attention of customer. As the customer become used to with the product taste and quality, the prices can be increased to make the business profitable.
Hence, option C is correct
"Describe the trends and fluctuations in the U.S. employment-to-population ratio and the labor force participation rate from 1980 to 2017. The employment-to-population ratio _______. A. fluctuates less than the labor force participation rate B. followed an upward trend before 2000 and then followed a downward trend C. increases during a recession and decreases during an expansion D. barely responded to the 2008-2009 recession"
Answer: B. followed an upward trend before 2000 and then followed a downward trend
Explanation:
Before the year 2000, there was an upward trend in the employment to population ratio as more Americans were hired per the population. After the year 2000 however, this has faced a downward trend.
There are several reasons for this. One of them was the shift to Asian economies in the early 2000s causing a lot of American companies to outsource. Then there was the 2008 Great Recession which caused high rates of unemployment. The Corona Pandemic led to more job loss and a lot of people became discouraged and stopped looking for work.
Evaluate your ability to consume wisely, Explain why this skill is essential to achieving your life span
plan
Answer:
Consumerism is a way of life in which the regular purchase of secondary goods, in which the social value of the product and its influence on social status and identity plays a huge role in society and everyday life.
The term originated with the rise of the consumer society in the twentieth century. Where previously the market was supposed to regulate itself, this did not always work sufficiently, so that consumers began to unite in consumer movements and consumer organizations. Consuming is then seen as a right, a right that is defended to the extreme. In addition, consumerism is also seen as good for the economy and therefore worth pursuing, as it keeps economy working.
In this sense, the fact of operating within the framework of the consumer society in a responsible, wise and meticulous way matters that individuals do not relapse into behaviors that put their financial situation in trouble.
Memphis Company anticipates total sales for April, May, and June of $910,000, $1,010,000, and $1,060,000 respectively. Cash sales are normally 20% of total sales. Of the credit sales, 40% are collected in the same month as the sale, 55% are collected during the first month after the sale, and the remaining 5% are not collected. Compute the amount of cash received from credit sales during the month of June.
A. $925,600.
B. $687,200.
C. $723,600.
D. $995,600.
E. $783,600.
Answer:
E. $783,600.
Explanation:
The computation of the amount of cash received from credit sales is shown below
Months Credit sales(80%)
April 728000
May 808000
June 848000
Now the amount of cash received is
= ($848,000 × 0.4) + ($808,000 × 0.55)
= $783,600
According to the Coase theorem, private parties can solve the problem of externalities if a. the cost of bargaining is small. b. the initial distribution of legal rights favors the person being adversely affected by the externality. c. the number of parties involved is sufficiently large. d. All of the above are correct.
Answer:
the cost of bargaining is small.
Explanation:
A good has externality if other economic agents that are not involved in either production or consumption are affected by economic activities
types of externalities
A good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.
A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.
Coase theorem has been proposed as a solution to externality. According to this theory, when there are conflicting property rights, bargaining between parties involved can lead to an efficient outcome only if the bargaining cost is low
Who
among
the halian composers,composed the score for la boheme
swer :
Answer:
La bohème: is an opera in four acts, composed by Giacomo Puccini between 1893 and 1895 to an Italian libretto by Luigi Illica and Giuseppe Giacosa, based on Scènes de la vie de bohème (1851) by Henri Murger.
Prepare a vertical analysis of the balance sheet data for Nike for 2020. (Round percentages to 1 decimal place, e.g. 12.3%.) NIKE, INC. Condensed Balance Sheet choose the accounting period $ (in millions) Percent Assets Current assets $8,961 enter your answer in percentages rounded to 1 decimal place % Property, plant, and equipment (net) 1,957 enter your answer in percentages rounded to 1 decimal place % Other assets 1,584enter your answer in percentages rounded to 1 decimal place % Total Assets $12,502enter your answer in percentages rounded to 1 decimal place % Liabilities and Stockholders' Equity Current liabilities $2,970 enter your answer in percentages rounded to 1 decimal place % Long-term liabilities 1,302 enter your answer in percentages rounded to 1 decimal place % Stockholders' equity 8,230enter your answer in percentages rounded to 1 decimal place % Total liabilities and Stockholders' Equity $12,502enter your answer in percentages rounded to 1 decimal place %
Answer:
NIKE, INC.
NIKE, INC.
Condensed Balance Sheet
As of December 31, 2020 $ (in millions) Percent
Assets
Current assets $8,961 71.7%
Property, plant, and equipment (net) 1,957 15.6%
Other assets 1,584 12.7%
Total Assets $12,502 100%
Liabilities and Stockholders' Equity
Current liabilities $2,970 23.8%
Long-term liabilities 1,302 10.4%
Stockholders' equity 8,230 65.8%
Total liabilities and Stockholders' Equity $12,502 100%
Explanation:
a) Data and Calculations:
NIKE, INC.
Condensed Balance Sheet
As of December 31, 2020 $ (in millions) Percent
Assets
Current assets $8,961
Property, plant, and equipment (net) 1,957
Other assets 1,584
Total Assets $12,502
Liabilities and Stockholders' Equity
Current liabilities $2,970
Long-term liabilities 1,302
Stockholders' equity 8,230
Total liabilities and Stockholders' Equity $12,502
Each balance sheet item is expressed as a percentage of the total assets under the vertical analysis. This means that the item is divided by the total assets value of $12,502 multiplied by 100.
The _____ prohibits the transfer of personal data to non-European Union nations that do not meet the European adequacy standard for privacy protection. Group of answer choices European Data Transfer Act Organization for Economic Cooperation and Development privacy guideline Code of Fair Information Practices European Union Data Protection Directive
Answer:
European Union Data Protection Directive
Explanation:
The European Union Data Protection Directive was implemented in October 1995 and regulates the processing of personal information of citizens of the European Union. It is also mean to protect personal information from being accessed by countries outside of the European Union.
The General Data Protection Regulation enacted in April 2016 eventually replaced the European Union Data Protection Directive.
Personal data of individuals should not be processed at all if the following conditions are not met: legitimate purpose, transparency, and proportionality.
As the CEO of your company, you can use only the planning and controlling functions to reach your organizational goals.
Select one:
O True
O False
Answer: False
Explanation:
CEOs are top management and top management use all five functions of management to ensure that the company reaches its goals and objectives.
The CEO has to use planning to to decide what long term strategies the company will use to achieve its goals. They have to use controlling to evaluate and improve the methods the company is taking to achieve its long term goals.
They also have to use staffing to hire the best top level and middle level talents that can push the company forward. As management they have to use leading to get the employees inspired to move the company forward and finally they will use organizing to put the various processes in the company together to ensure that the company's goals are met.
Rishabh a brilliant student lives in a remote district of Orissa and has done mechanical engineering, He has won a lottery of Rs. 10 Lakhs. He wants to invest this money in some business opportunity, One of his friends suggested him to form a company. So he decided to manufacture tube lights and bulbs in his manufacturing unit and give jobs to unemployed youth in his village area. He has identified the business opportunity but is unaware about the other functions to be performed by him as a promoter of the company, Explain the other five steps to be performed by him as a promoter of the company, 2. Akriti, Manju and Sonali were friends who started a partnership business. They did not get their firm registered as it was optional. Soon, Manju and Sonali started having conflicts. Manju and Sonali wanted to approach a lawyer. If you were a lawyer than how would you guide them?
Answer:
hall
Explanation:
kk off Krishan Kala
All of the following are true of custodial accounts, except: Group of answer choices custodial accounts represent a way parents can indefinitely control children. minors can set up custodial accounts with a parent. minors can set up custodial accounts with an older relative or friend. custodians can withdraw money from a custodial account for the benefit of the minor.
Answer:
custodial accounts represent a way parents can indefinitely control children
Explanation:
A custodial account is a financial account like the bank account, the trust fund or the brokerage account that could be set up for the beneficiary benefit and it is held by the responsible person who we called as the legal guardian
So as per the given situation, the above statement should be considered as it does not represent the way in which the parents could have the indefinite control with their children
Therefore the same is to be relevant
The incorrect statement related to the custodial accounts is " custodial accounts represent a way parents can indefinitely control children.
What are custodial accounts?The custodial accounts can be defined as the accounts that are managed by a legal person or a guardian for the benefit of the beneficiary. The person who administer the account has an fiduciary obligation towards the beneficiary.
The minors can set a custodial account with their parents or any of the elder relative or friend. The Guardian can withdraw money from the custodial account for the benefit of the beneficiary or minor.
Therefore the correct option is a.
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