When creating a budget, it is best to consider your ______________________ income.
A. Daily
B. Weekly
C. Monthly
D. Yearly
Answer:
Monthly income
Explanation:
you plan ahead
Answer:
c
Explanation: Monthly income
The process involved in bringing oil to world markets can take years. Substitutes for oil-based products such as gasoline are limited. As a result Group of answer choices the supply of oil and the demand for oil are both perfectly elastic over short periods of time. the supply of oil is very inelastic and the demand for gasoline is inelastic over short periods of time. the supply of oil and the demand for oil shift to the right over short periods of time. the supply of oil is very elastic and the demand for oil is very elastic over short periods of time.
Answer:
the supply of oil is very inelastic and the demand for gasoline is inelastic over short periods of time.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
The process involved in bringing oil to world markets can take years. Substitutes for oil-based products such as gasoline are limited. As a result, the supply of oil is very inelastic and the demand for gasoline is inelastic over short periods of time.
Type your summary here. Use the Internet to find an article that presents a forecast of the economy's performance in the next three months to a year. Once you have found and read your article, record your summary using the following format in the box below and include the link. Be sure to include the URL links you used as resources in the space below.
Paragraph #1 - Summary of article including the link.
Paragraph #2 - How it relates to entrepreneurship.
Paragraph #3 - Your opinion of whether or not you agree with the prediction and the evidence provided to support the forecast.
The exercise is about summaries. It tests your ability to summarize an article.
What is a Summary?A summary refers to a concise statement or account or report of the key points of an event, story, or literature.
A summary is usually exclusive of details that are not necessary. It focuses on the key points.
The key points of a text are usually found in the introduction and the conclusions of the text. One must however ensure that they read through the entire text to get the true context of what is being summarized.
Learn more about Summaries at:
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Answer:
The article I read was "The World Bank slashes its forecast for global economic growth." by New York Times https://www.nytimes.com/2022/04/18/business/the-world-bank-slashes-its-forecast-for-global-economic-... . To summarize, the estimation made by The World Bank that the economy would grow at a rate of 4.1 percent was revised due to the conflict in Ukraine. The World Bank is now estimating the economy would grow 3.2 percent globally. The article then goes into the effect the conflict will have on consumers.
This topic relates to entrepreneurship because global economic growth benefits entrepreneurs because knowing the projected economic growth can allow business owners to better predict the growth they should expect to see. This is important when examining the statistics of a business because it gives a baseline of comparison to see if the business is successfully growing of if changes need to be made to ensure proper growth.
In my opinion I agree with the prediction, I can see the possible impact the conflict can have on the global growth of the economy. I believe the corrected projection of less than originally thought is appropriate considering the affect the conflict has had on consumers. The reduced stimulation of the economy caused by less consumer interaction will indeed decrease the rate at which the economy will grow.
Explanation:
n/a
John has the following transactions for the year: Cash received from sales of products $120,000 Cash paid for expenses (except rent and interest) $35,000 Rent paid on a leased building for 18 months beginning December 1 $40,500 Prepaid interest on a bank loan, paid on November 1, for the next 6 months $12,000 Four months' rent received on a leased building, on December 1 $10,000 Instructions: Calculate John's income under the cash basis for his business. You must show your work computations to receive full credit.
Answer:
John
John's business income, based on a cash basis:
= $42,500
Explanation:
a) Data and Calculations:
Cash received from sales of products $120,000
Four months' rent received
on a leased building, on December 1 $10,000
Total receipts $130,000
Cash paid for expenses
(except rent and interest) $35,000
Rent paid on a leased building
for 18 months beginning December 1 $40,500
Prepaid interest on a bank loan, paid on
November 1, for the next 6 months $12,000
Total expenses $87,500
Income $42,500
b) Under the cash basis, accounting for a business does not differentiate the period the expenses and revenue are incurred. The only issue for consideration is the time cash is exchanged.
The expected rate of change in the nominal dollar/euro exchange rate is best described as Group of answer choices the expected rate of change in the real dollar/euro exchange rate minus the U.S.-Europe real interest rate difference. the expected rate of change in the real dollar/euro exchange rate plus the U.S.-Europe real interest rate difference. the expected rate of change in the real dollar/euro exchange rate plus the U.S.-Europe expected inflation difference. the expected rate of change in the real dollar/euro exchange rate minus the U.S.-Europe expected inflation difference. the expected rate of change in the real dollar/euro exchange rate plus the European expected inflation.
Answer:
the expected rate of change in the real dollar/euro exchange rate plus the U.S.-Europe expected inflation difference.
Explanation:
Foreign exchange market can be defined as type of market in which the currency of one country is converted into that of another country.
For example, the conversion of dollars of the United States of America can be converted into naira (Nigeria) at the foreign exchange market.
Efficient market school is the market school which argues that forward exchange rates do the best possible job for forecasting future spot exchange rates, so investing in exchange rate forecasting services would be a waste of time because it is impossible to have a consistent alpha generation on a risk adjusted excess returns basis as market prices are only affected by new informations.
The efficient market school also known as the efficient market hypothesis (EMH) is a hypothesis that states that asset (share) prices reflect all information and it is very much impossible to consistently beat the market.
Also, forward exchange rates are exchange rates controlling foreign exchange transactions at a specific future date or time.
Hence, the expected rate of change in the nominal dollar/euro exchange rate is best described as the expected rate of change in the real dollar/euro exchange rate plus the U.S.-Europe expected inflation difference.
which of the following jobs typically requires an associate’s degree
you never added the jobs...
The Love of Money is the root of all evil but if i give you money you will take it why???
Answer:
cause we need money for basic needs
such as cloths,shelter,education,medical needs e t c.
Answer:
yeah
Explanation:
yes because without money you wont be in this school and without money your teachers wont become the teachers they are now
Or open Meet and enter this code: wtb-tsif-cpq female
Answer:..................
For what ?_?
Assume your company’s sales increased from $3 million last year to $10 million this year. However, your biggest competitor is still the market leader with a 40% share of the $200 million widget market. Your other four competitors had sales this year of $53 million, $38 million, $12 million, and $7 million, respectively. For this year, what is your company’s MARKET SHARE? Type only a number along with a $ or % (if appropriate). Dollar amounts should be rounded to the nearest cent; percentages to the nearest tenth. *
Answer: 5%
Explanation:
The market share for the company will be gotten using the formula:
= Sales generated by company / Total industry sales × 100
= 10/200 × 100.
= 5%
Therefore, the company's market share is 5%
Spotlight on India and Mexico Question Number 1) India’s rapidly expanding service sector of educated workers represents more than half of the country’s annual GDP, despite that less than one-third of the country is employed. This trend is indicative of the world economic trend that ________. a Manufacturing is increasing only in developing countries b Manufacturing is declining c production has been decoupled from employment d Communism is on the rise e Currency trading has decreased Previous Question 1 of 5 (0 completed) Next
Answer:
production has been decoupled from employment
Explanation:
We aren't informed about India’s which is rapidly expanding service sector of educated workers represents more than half of the country’s annual GDP, despite that less than one-third of the country is employed. In this case, This trend is indicative of the world economic trend that production has been decoupled from employment.
Decoupled Production can be regarded as a case whereby company/ firms brings about separation of production from ideation, employment as well as media buying. And in some cases, a chosen production house takes responsibility for production work.
A pleasant smile, eye contact, and a firm handshake are examples of _____.
A.crafting a logical argument
B.probingdone
C.nonverbal communication
D.consultative selling
Answer:
Nonverbal Communication
I need q 4 and 5 please:)
) Bob is a notary public employed by a local bank. The bank purchased Bob's supplies, paid for his bond, and had Bob sign an agreement limiting the notarial services he is able to provide within the bank. Bob's neighbor and good friend, Betty, is refinancing her mortgage. She calls Bob on Friday and asks if he would be available to notarize loan documents at her home on Saturday. Bob meets Betty at her house. He notarizes nine signatures, completes nine notarial certificates, and affixes his seal and signature to each. What is the most Bob can charge Betty for this service?
Answer:
imagine working I cant relate
Explanation:
BE17-1 Each of the items below must be considered in preparing a statement of cash fl ows for Baskerville Co. For the year ended December 31, 2017. For each item, state how it should be shown in the statement of cash fl ows for 2017. (a) Issued bonds for $200,000 cash. (b) Purchased equipment for $150,000 cash. (c) Sold land costing $20,000 for $20,000 cash. (d) Declared and paid a $50,000 cash dividend
Answer:
(a) To be shown cash inflows from financing activity
(b) To be shown as cash outflows from investing activity
(c) To be shown as cash inflow from investing activity
d) To be shown as cash outflows from financing activity
Explanation:
(a) Issued bonds for $200,000 cash.
This should be shown as a cash inflow under financing activity section of the statement of cash flows for 2017.
(b) Purchased equipment for $150,000 cash.
This should be shown as a cash outflow under investing activity section of the statement of cash flows for 2017.
(c) Sold land costing $20,000 for $20,000 cash
This should be shown as a cash inflow under investing activity section of the statement of cash flows for 2017.
(d) Declared and paid a $50,000 cash dividend
This should be shown as a cash outflow under financing activity section of the statement of cash flows for 2017.
Additional Note:
Although this is not part of the requirement of the question, but it will assist you in your learning.
After taking all the above into consideration, they will appear as follows in statement of cash flows for 2017 (Note only they will appear is shown without any calculations since there will be other items).
Baskerville Co.
Statement of Cash Flows for 2017
(Abridged Vesrion)
Details $ $
Cash from operating activities
Cash flows from investing activities
Purchase of equipment (150,000)
Soles of land 20,000
Cash flows from financing activities:
Bond issued 200,000
Cash dividend paid (50,000)
Five Card Draw manufactures and sells 24,000 units of Diamonds, which retails for $180, and 27,000 units of Clubs, which retails for $190. The direct materials cost is $25 per unit of Diamonds and $30 per unit of Clubs. The labor rate is $25 per hour, and Five Card Draw estimated 180,00 direct labor hours. It takes 3 direct labor hours to manufacture Diamonds and 4 hours for Clubs. The total estimated overhead is $720,000. Five Card Draw uses the traditional allocation method based on direct labor hours.
Question Completion:
Find the gross profits for Diamonds and Cards
Find the total gross profit
Answer:
Five Card Draw
Diamonds Clubs Total
Gross profit $1,632,000 $1,188,000 $2,820,000
Explanation:
a) Data and Calculations:
Diamonds Clubs Total
Units manufactured and sold 24,000 27,000 51,000
Retail price $180 $190
Sales revenue $4,320,000 $5,130,000 $9,450,000
Direct materials cost per unit $25 $30
Labor rate = $25 per hour
Direct labor hours per unit 3 4
Total direct labor hours 72,000 108,000 180,000
Estimated overhead = $720,000
Predetermined overhead rate = $4 ($720,000/180,000) per DLH
Overhead allocation $288,000 $432,000 $720,000
Total direct materials costs $600,000 $810,000 $1,410,000
Total direct labor costs $1,800,000 $2,700,000 $4,500,000
Total costs of production $2,688,000 $3,942,000 $6,630,000
Income Statement:
Diamonds Clubs Total
Sales revenue $4,320,000 $5,130,000 $9,450,000
Total costs of production $2,688,000 $3,942,000 $6,630,000
Gross profit $1,632,000 $1,188,000 $2,820,000
SECTION A
QUESTION 1 Multiple-choice questions
1.1 The micro environment includes the components:
A unions and customers
B political and technological environments
Answer: unions and customers
Explanation:
Micro environment simply refers to the nearby environment, where a firm operates. They are the factors in the immediate environment of a firm that affects the decision making of the firm. Examples include customers, competitors, suppliers, unions etc
Macro environment simply means the environment as a whole that affects businesses. They include economic, ecological, demographic, political, technological factors etc.
A(n) -Select- is a long-term contract under which a borrower agrees to make payments of interest and principal on specific dates. There are four main types reflecting who the issuers are: -Select- , corporate, state and local government, and foreign. Each type differs with respect to -Select- and expected return. All have some common characteristics even though they may have different contractual features.
Answer:
Bond; treasury; degree of risk.
Explanation:
A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.
A bond is a long-term contract under which a borrower agrees to make payments of interest and principal on specific dates. There are four main types reflecting who the issuers are: treasury, corporate, state and local government, and foreign. Each type differs with respect to degree of risk and expected return. All have some common characteristics even though they may have different contractual features.
Labor arbitration: a. Is promulgated by the employer to resolve statutory claims. b. Gives the employer the dominant power. c. Allows the employer to unilaterally design the procedures and determines that disputes related to employment subjects will be resolved in arbitration. d. Provided for final resolution of disputes interrupting work that contributed to the war effort. e. The decision of the arbitrator involves interpretation and application of company-developed personnel policy or a public law.
Answer:
d. Provided for final resolution of disputes interrupting work that contributed to the war effort.
Explanation:
Labor arbitration refers to a common reference of disputes between the executive management of a business firm (company) and labor unions to an impartial third party known as an arbitrator, for final resolution of the disputes or disagreements.
This ultimately implies that, labor arbitration provided for final resolution of disputes interrupting work that contributed to the war effort.
Basically, it comes as the last step for the resolution of disputes or disagreements with respect to collective-bargaining agreement, after every other measure to reach an agreement (settlement) have been exhausted
What traits or characteristics made Tyler Perry, Steve Jobs and Jeff Bezos successful.
Can someone help me with that please is important.
PLEASE!! can someone send me an unused rbx gift card for 10 points
Answer:
RIKABRM8MPUF929FJC
Explanation:
Smith & Sons uses the allowance method of handling its credit losses. It estimates credit losses at two percent of credit sales, which were $1,900,000 during the year. On December 31, the Accounts Receivable balance was $300,000, and the Allowance for Doubtful Accounts had a credit balance of $21,400 before adjustment. Show how Accounts Receivable and the Allowance for Doubtful Accounts would appear in the December 31 balance sheet. (Do not use negative signs with your answers.)
Answer: See explanation
Explanation:
Firstly, we need to calculate the amount of bad debt. This will be:
= Credit sales × Bad debt expense
= $1900000 × 2%
= $38000
Also, the adjusted balance of allowance account will be the addition of the uadjusted balance of Allowance account and the bad debt expense which will be:
= $21,400 + $38000
= $59,400.00
Then, the balance sheet will be:
Accounts receivables = $300,000
Less: Allowance for Doubtful Accounts = $59,400
Net Realizable value of Accounts receivables = $240,600
the roles of internal auditors
Answer:
Objectively assess a company's IT and/or business processes.
Assess the company's risks and the efficacy of its risk management efforts.
Ensure that the organization is complying with relevant laws and statutes.
Evaluate internal control and make recommendations on how to improve.
When performing the "Incremental ROR analysis" of multiple mutually exclusive alternatives, the first step is to order all the alternatives from the largest to the smallest initial investment.
O True
O False
Answer:
True
Explanation:
Mutually exclusive is a situation where two projects cannot be incorporated together. These are independent projects which needs to be selected based on their risk and return. The first step is to list the projects according to their initial investments.
Which of the following would NOT be considered a hazardous
work for a minor?
O Truck driving
O Excavating
O Life guarding
Handling explosives
Answer:
I would have to choose Life guarding.
The time attendance system in the production division at MM, an automobile manufacturing company, was malfunctioning. Consequently, Greg Hill, one of the front-level managers, sent it for repair. In the meantime, he placed a register where all workers of the production division had to provide their time of entry and exit from office. At the end of the week, when looking through the time logs, he had certain concerns about a group of employees. In the next week, he personally tracked the time this group of employees spent working and realized that they were reporting a greater number of working hours than they actually worked. This group engaged in a barrier to communication called _
Day 2 still: Put whatever you want you deserve a break from answering or asking questions :D
thank you very much kind person :-)
Answer
Anybody else lokey failing lol
Explanation:
Tony's Deli has cash of $145, accounts receivable of $99, accounts payable of $219, and inventory of $413. What is the value of the quick ratio ?
Answer:
the value of the quick ratio is 1.11 times
Explanation:
The computation of the value of the quick ratio is shown below:
Quick Ratio = Total Quick Assets ÷ Total current liabilities
= [Cash + Accounts Receivables] ÷ Accounts Payable
= [$145 + $99] ÷ $219
= $244 ÷ $219
= 1.11 Times
Hence, the value of the quick ratio is 1.11 times
A critique of modernization theory suggests that neocolonialism causes underdevelopment, and that poor countries stay underdeveloped because the global economic system extracts and transfers ________ to developed nations. a. resources b. energy c. people d. culture
Answer:
a. resources
Explanation:
Migration refers to the movement of a group of people from one geographical region (location) to another geographical destination in search of better living conditions, work or social amenities.
Migration selectivity can be defined as the likelihood or tendency that a subset (part) of a group of people are going to move (migrate) out of a particular geographical location or area.
Some of the factors that influence migration selectivity are income level, age, education, gender etc.
A critique of modernization theory suggests that neocolonialism causes underdevelopment, and that poor countries stay underdeveloped because the global economic system extracts and transfers resources to developed nations.
Poor countries stay underdeveloped because the global economic system extracts and transfers resources to developed nations.
The answer to this question is option a. A lot of countries are blessed with a lot of natural resources yet they remain very poor and dependent on other first world nations.
Neo colonialism means that some of these nations are still heavily influenced by the nations that they are highly dependent on.
The continent of Africa is blessed with a lot of natural resources. Crude oil for instance, but most of these resources are transported abroad and the continent remains underdeveloped.
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What do you think are the most important components of budgeting? Why?
Answer:
I would have to say figuring out ur cash flow where its going after u earn it and making sure u keep track of ur savings
Explanation:
Specialty store manager Terri is evaluating her employees for the first week of March. Her part-time sales associates have a sales goal of $5,000 per week, and a conversion rate goal of 60%. Keeping track of how many customers came into the store during her shifts, sales associate Suzy had 120 customers enter the store that week during her shift. Her sales indicate 65 separate transactions for a total sales amount of $4803. Suzy's conversion rate for the week is _______ and her Meeting Quota ratio is _______
Answer:
0.54 and 0.96
Explanation:
Conversion rate is Sales / Sales calls.
There are 65 sales transactions in total and the customers entered into the store are 120.
Conversion rate is 65 / 120 = 0.54
Meeting Quota ratio is Actual Sales / Sales goal
Actual Sales amount to $4803 while the sales goal was $5,000
Meeting quota ratio is 4803 / 5000 = 0.96