Answer:
$15,000
Explanation:
Calculation to determine Clark's gain or loss on the sale of his partnership interest
First step is calculate The amount realized
Using this formula
Amount realized = ( Cash received + Relief of debt)
Let plug in the formula
Amount realized=$30,000+$25,000
Amount realized=$55,000
Now let determine Clark's gain or loss on the sale of his partnership interest using this formula
Capital gain=Amount realized-Partner's basis in the partnership
Let plug in the formula
Capital gain =$55,000 − $40,000
Capital gain =$15,000
Therefore Clark's gain or loss on the sale of his partnership interest is $15,000
Sixteen-year-old Omar is starting his first job with long daily commutes and heavy traffic. He wants to be a cautious driver and chooses car insurance with a very
low deductible. What is true?
He will likely pay low premiums.
He will probably have discounted premiums based on past safe driver history
His insurance will probably revise premiums every quarter.
His premiums are likely very high.
The statement " the premium is likely to be very much high" is correct.
The following information should be considered:
As per the financial experts, the auto insurance plan i.e. highly deductible should be wise as the annual premium amount should be less.In the case of the monthly premium, more amounts should be paid when there is less deductible. But for cars, there is no need to worry as there should be car insurance having less deductible.So, the following statements should not be relevant:
Lower premiums.Discounted premium.Revised premiums.Therefore we can conclude that the statement " the premium is likely to be very much high" is correct.
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The true statement for the given question is :
He will likely pay low premiums.
Car Insurance
The car insurance or the vehicle insurance is defined as the insurance of the vehicle or the security deposit against the car to provide protection to any physical damage to the vehicle.
In the context, Omar has to pay low premiums for the insurance of his car.
This is because the money deducted from him for the insurance for his car is very low. So he has to pay low premiums.
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Mrs. Moreau was planning to have several guests at her home for a traditional Thanksgiving dinner. She had cooked Shady Brook Farms fresh turkeys in the past and had enjoyed them very much. When she went to her usual grocery store, she discovered that the store no longer carried the Shady Brook Farms brand. She called several other grocery stores and was finally able to locate Shady Brook Farms fresh turkeys at a small grocery store approximately 10 miles away. She drove to the store and bought a 20-pound Shady Brook Farms turkey, even though the price per pound was higher than what she normally paid at her usual grocery store. For Mrs. Moreau, the Shady Brook Farms turkey was a(n)
Answer:
The answer is "Specialty product".
Explanation:
In the given scenario, Specialty products are products that both these consumers constantly seek out just because of their unique characteristics or loyalty to a particular brand. They understand what they want and are willing to put in the time and effort to obtain that. It is an important set of purchasers who is willing to produce the effort to purchase it because of its unique traits or brand identification.
The legal document identifying the rights and obligations of both the bondholders and the issuer is called the bond ______. This document describes the number of bonds authorized, their par value, and the contract interest rate. Multiple choice question. indenture article document agreement
Answer:
indenture
Explanation:
a bond indenture is a legal document which summarizes the rights and privileges of bondholders as well as the obligations and commitments of the issuing company
a bond indenture would contain the following :
The purpose why the bond was issuedThe stated interest rate of the bondThe dates when interests would be paid to bondholdersA list of covenants the issuer is subjected to in the period the bond is outstandingActions that would be taken in event of non payment of interest and or principalSam is the marketing director for StyleHub, a clothing boutique. They opened their brick and mortar store last year, but Sam only published the website a month ago and it isn't receiving much traffic yet. Now, they're ready to focus on SEO and have some resources to dedicate to it. Which three tactics should Sam focus on initially
Answer:
There are several tactics that can help San increase traffic to her clothing store website. Some of them that he could focus on initially could be:
1- Create a profile on G. My Business, which is a tool that allows your site to be highlighted in the g. search tool when potential consumers are looking for clothes in your region, for example.
2- Create valuable content for your target audience, such as a blog, and spread it on social media, as a way to engage your audience and make them interested in visiting your site.
3- Optimize the website making its resources faster and more accessible, including mobile devices.
The consumer price index is used toGroup of answer choicesturn dollar figures into meaningful measures of purchasing power.characterize the types of goods and services that consumers purchase.measure the quantity of goods and services that the economy produces.differentiate gross national product from net national product.
John and Diana have been married for several years and share a goal of owning a 2nd home on the New Jersey shore in 8 years. They decide to review their financial expenditures monthly to evaluate steps they can take to better save their earnings. Which step of personal financial goals are they most in
Answer:
Step 5: Implementation and review of the financial plan
Explanation:
Considering the situation described above, the step of personal financial goals in which John and Diana are most in is "Implementation and review of the financial plan"
This is based on the fact that step of personal financial goals is:
1. Establishing and deciding your financial objectives and goals
2. Compiling your financial and personal information
3. Analysing your financial and personal information
4. Advancement and presentation of the financial plan
5. Implementation and review of the financial plan: this stage usually involves the process of income and expenditure adjustments.
Hence, when John and Diana decide to review their financial expenditures monthly to evaluate steps they can take to better save their earnings, they are in step 5 of personal financial goals, which is Implementation and review of the financial plan
As a branch of study economics is said to be central to national planning discuss
Economics teaches you how to think more critically and influence judgments in order to get the best possible conclusion.
Economics has a part in our daily lives. Understanding previous, future, and current models allows us to apply them to society, governments, enterprises, and people.
Economics Assistance gives numerous examples about when economics is used, such as coping with manufactured goods shortages, establishing how prosperity is divided and redistributed throughout society, and evaluating the amount to which the government must engage in the economy utilizing concepts and measurements.
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In one of the case studies in the textbook, Jerry Harkanell worked as an administrative assistant for a large San Antonio hospital, where his clerical duties included the submission of the payroll information for his unit. He found that he could add hours to the timesheets and receive extra pay. He continued to alter his timesheets until he was finally caught. What red flag was present that should have made someone suspicious
Answer:
There could have been multiple red flags in this overall case conduct like :
1. Continuous overtime from an employee should have been checked as what would be the reason behind it.
2. Ground reality should have been evaluated, like what are actual timings of Jerry's coming into office and going out.
3. Sheets of person-ell in second shift after Jerry should have also been checked.
Define a two-bin system. Multiple choice question. It specifies the amount of risk of incurring a stockout that a firm is willing to incur. It is a system in which the inventory of an item is stored in two different locations. It is a method of estimating the impact of changing the number of locations on the quantity of inventory held. It is a model used to determine the order size for a one-time purchase.
Answer:
It is a system in which the inventory of an item is stored in two different locations.
Explanation:
Two-bin inventory control is a system in which it measures the items when they are used for production and then could be replenished. Here the items that should be in first bin should be depleted and there is an order for refill or replacing. And, then the second bin should have sufficient items till the order of first bin arrived
So as per the given situation, the above statement should be considered
In order for two-way communication to occur, the receiver must Group of answer choices have the ability to provide feedback, whether or not they actually do so. also play the role of sender in another communication exchange. be willing to provide feedback, though the sender does not have to listen. provide feedback, and the sender must be receptive to the feedback. assume the responsibility of interpreting the message.
Answer:
provide feedback, and the sender must be receptive to the feedback.
Explanation:
Two-way communication arise at the time when the receiver send the feeback to the message of the sender. In the two-way communciation process, first the sender transfer the receiver message after receiving or getting the message the receiver decoding the message and after this it sends back his or her feedback to the sender
So as per the given situation, the above statement represent an answer
Explain the problem that can occur due to learning organization approach.
Answer:
Shshwhsjehsnebebebebbee
FitWear Inc, a sporting goods footwear and apparel company, features photographs of celebrities wearing its brand of clothing and sports gear, FitWear Inc. launched a commercial for its new line of football cleats. This commercial featured famous football Stars because the company believes that celebrities can influence customers' buying decisions. In this case, the football stars served as
A. aspirational reference groups
B. opinion leaders
C, decision makers
D. nonaspirational reference groups
Answer:
B. opinion leaders
Explanation:
Opinion leadership is leadership via the user who used the active media in order to interpretation the meaning of the message related to media or for the lower end media users
It is to be done for high esteem in the case of acceptance of their opinions
As the individuals influence the common people so it is a opinion leaders
since they are individuals influencing common people
Mill Co. uses a batch processing method to process its sales transactions. Data on Mill's sales transaction tape are electronically sorted by customer number and are subjected to programmed edit checks in preparing its invoices, sales journals, and updated customer account balances. One of the direct outputs of the creation of this tape most likely would be a
Answer: Report showing exceptions and control totals.
Explanation:
Batch processing system has to deal with input controls showing exceptions and how invoiced are processed on each batch.
The batch processing system helps make it easier to notify invoices automatically as customers get items.
logical fallacy Well, what form of government do you want, a government by liberal do-gooders ready to spend your hard-earned dollars or a government led by business minds that understand how to live within a tight budget and generate jobs that put people to work. Group of answer choices
Answer:
i don´t nou sorry
Explanation:
The senior managers of Clockence, a clock manufacturing company, have a disagreement about the quantity of inventory to be allotted to each production team. Each of them views the problem differently, but they are willing to discuss it and arrive at the best possible solution. In this scenario, the conflict among the senior managers at Clockence best exemplifies _____.
Answer:
c-type conflict
Explanation:
A C-type conflict is a conflict that involves/reflects disagreements among members of a team. This kind of conflict mainly focuses on issue-related differences of opinion.
Roberto is considering attending a concert. He estimates the ticket price will be $94, and the cost of driving to the concert and parking will total an additional $21. In order to attend the concert, Roberto will have to take time off from his part-time job. He estimates that he will lose 4 hours at work, at a wage of $12.72 per hour.What is Roberto's opportunity cost of attending the concert
Answer:
$166.08
Explanation: Take $94, add $21, giving you $115, then take $12.77 ( his hourly rate at work ) and if he loses 4 hours of work, take 4 multiply it by $12.77, which gives you $51.08, then add that to $115, which equals $166.08.
When we say that a firm is a price taker, we are indicating that the Group of answer choices firm takes the price established in the market then tries to increase that price through advertising. firm can change output levels without having any significant effect on price. demand curve faced by the firm is perfectly inelastic. firm will have to take a lower price if it wants to increase the number of units that it sells.
Answer:
firm can change output levels without having any significant effect on price.
Explanation:
In the case when we say that the firm is a price taker that means the firm has the power to change the level of an output but this does not have any kind of impact on the price. They accepted the price for the prevailing market and each unit could be sold at the similar market price. It could impact the market price also they enjoy the pricing power
Therefore the above statement should be considered
You are the CEO of a home appliance manufacturing company and have recently undertaken a review of your company's strategy. In comparing your stock market valuation to that of your closest competitor, you note that your firm is currently valued at $50 billion, while your competitor is valued at $40 billion. How should you proceed?
A.Consider this evidence of a sustainable competitive advantage and maintain your current strategy
B. Compare the current valuations with past valuations to determine a trend
C. Assume your current strategy has failed and begin to formulate a new one
D. Compare your valuation to firms in another industry.
Answer:
The correct answer is the option B: Compare the current valuations with the past valuations to determine a trend.
Explanation:
To begin with, in the field of business managent when it comes to terms of analyzing strategies that lead the organization in its market value the most important thing to do is to find trends that will compass tasks or ways of action that the company has so that they will know if they are in the correct path growing and how the strategy should continue going or change. Because if you keep the same strategy then maybe the context will change or a fortuite case will appear and harm the organization's strategy so that will indicate that you will have to change that. Therefore that seeking for trends in the history of the company's strategies and to see what has been going well
Franchising offers all the following benefits for franchisers except Group of answer choices franchise agreements require a certain standard of behavior from franchisees, which helps protect the franchise name. franchisers can retain control of their name while increasing global penetration of their products. the franchisee's revenue stream is fairly consistent because franchisers pay fixed fees and royalties. the franchiser's revenue stream is fairly consistent because franchisees pay fixed fees and royalties. franchisers do not have to put up a large capital investment.
Answer:
Franchising offers all the following benefits for franchisers except
the franchisee's revenue stream is fairly consistent because franchisers pay fixed fees and royalties.
Explanation:
When a franchisor gives a franchisee the authority to do business in the franchiser's trade name, using its business system, it is called franchising. The franchisee pays a royalty, including an initial franchise fee, to the franchisor in exchange for this right. In this business arrangement, the franchise right confers on the franchisee the authority to establish branches of the franchising company.
A company that uses the accrual method of accounting started the fiscal year with assets of $600,000 and liabilities of $400,000. During the fiscal year the company recorded credit sales of $250,000, of which $8,000 remained to be collected at year end, and incurred expenses of $90,000, of which $72,000 was paid in cash. A stock dividend valued at $10,000 was declared and issued to stockholders during the year. What is the year-end balance of total equity
Answer:
$360,000
Explanation:
Calculation to determine What is the year-end balance of total equity
First step
Beginning equity = Total assets - Total liabilities.
Beginning equity= $600,000 - 400,000
Beginning equity= $200,000
Second step
Net income = Revenues - Expenses
Net income= $250,000 - $90,000
Net income= $160,000
Last step
Ending balance of Equity = Beginning equity + Net income
Ending balance of Equity = $200,000 + $160,000
Ending balance of Equity = $360,000
Therefore the year-end balance of total equity is $360,000
Carter Production, Inc.'s required production for the first six month of the year is as follows. Month Required Production January 50,000 February 70,000 March 85,000 April 105,000 May 110,000 June 120,000 Each unit requires two pounds of material. Given a desired ending inventory of 20% of next month's production needs, the pounds of material to be purchased in April is: Multiple choice question.
Answer:
212,000 pounds
Explanation:
Calculation to determine what the pounds of material to be purchased in April is
Beginning inventory 210,000
(105,000 x 2)
Add Ending inventory 44,000
(20% of May production needs
( 110,000 x 2 x 20%)
Less Beginning Inventory 42,000
(20% of April)
April pounds of material to be purchased 212,000 pounds
(210,000+44,000-42,000)
Therefore the pounds of material to be purchased in April is 212,000 pounds
Joe's company is looking to make a number of improvements. The firm would like to maximize potential volume and reserved instance (RI) discounts across multiple accounts and also apply service control policies on member accounts. Which service or tool can be used to gain these benefits
The service or tool that could be used for gaining the benefits should be AWS Orgs.
The information related to AWS Orgs is as follows:
AWS Organization should be an account management service. In this, there are multiple AWS accounts that should be consolidated for developing and managing. As an organization administrator, the accounts should be developed and the existing accounts should be invited for joining the organization.Therefore we can conclude that the service or tool that could be used for gaining the benefits should be AWS Orgs.
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ECO Jeans, Inc. had a mission to become the leading producer of environmentally friendly blue jeans, an emerging and in-demand category in the apparel industry. Its strategy involved leveraging a network of organic cotton farmers and suppliers of environmentally responsible synthetic materials to create a product that is durable, attractive, affordable, and 100% recyclable. However, because it did not upgrade its outdated production facilities, ECO Jeans could not assemble its products at a low-enough cost to offer the jeans at a price that was attractive to customers. ECO Jeans’ strategy failed because
Answer: it was not backed up with strategic commitments.
Explanation:
The reason why ECO Jeans’ strategy failed is because the strategy was not backed up with strategic commitments.
Strategic commitments refers to the decisions that are taken by a company which have a long-term impact on the company.
Since ECO jeans could not upgrade its outdated production facilities, the company could not assemble its products at a low-enough cost to offer the jeans at a price that was attractive to customers. This could have had a positive impact on the company for a long term.
Sort the list below according to whether or not an item is an assumption made under perfect competition (aka pure competition or competitive industry).Assumed in perfect Competition------------------Not Assumed in perfect Competition-A small number of producers-Significant barriers to entry-Many buyers-Firms selling similar but different goods-Price taking behavior
Answer:
Assumed in perfect Competition
Many buyers
Price taking behavior
Not assumed in perfect Competition
A small number of producers
Significant barriers to entry
Firms selling similar but different goods
Explanation:
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
Fiscal policy refers to the ________using_________
to affect the economy.
Congress and the president, taxes and spending
Forte
The Federal Reserve, taxes and spending
The Federal Reserve, interest rates
Congress and the president, interest rates
The Federal Reserve, the money supply
Answer:
Congress and the president, taxes and spending.
Explanation:
Fiscal policy refers to the Congress and the president using taxes and spending to affect the economy.
Fiscal policy in economics refers to the use of government (Congress and the president) expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.
Generally, a fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.
Help Wanted Ads Established company seeking full-time residential house cleaner. We will train. Must be honest and dependable. Call (123) 456-7890. Suburban medical facility seeking surgeon. Board Certified required. $1,000 signing bonus for every year of experience, up to $15,000. Send resume to 123 Medical Drive, Suburbia, GA. Temporary lifeguard needed to fill summer holiday shifts at outdoor swimming pool Must have CPR and Lifeguard certification. Apply in person to Bridgefront, 123 Bridgefront, Anytown, GA. Aircraft manufacturer seeking engineers with advanced degree in physics and no less than 15 years experience. Many positions available. Send resume to 123 Aircraft Blvd., Anytown, GA. According to the help wanted ad for a surgeon, how many years of experience will provide the LARGEST signing bonus?
A) 0-4 years
B) 5-9 years
C) 10-14 years
D) 15+ years
Answer: D 15+ years
Explanation:
The more years the larger the sign bonus
Troy, a cash basis taxpayer, is employed by Eagle Corporation, also a cash basis taxpayer. Troy is a full-time employee of the corporation and receives a salary of $60,000 per year. He also receives a bonus equal to iO% of all collections from clients he serviced during the year. Determine the tax consequences of the following events to the corporation and to Troy
A.On December 31, 2018, Troy was visiting a customer. The customer gave Troy a $10,000 check payable to the corporation for appraisal services Troy performed during 2018. Troy did not deliver the check to the corporation until January
B. Gross Incom ne facts are the same as in part (a), except that the corporation is an accrual basis taxpayer and Troy deposited the check on December 31, but the hank did not add the deposit to the corporation's account until January 2019
C. The facts are the same as in part (a), except that the customer told Troy to hold the check until January 2019 when the customer could make a bank deposit that would cover the check
Answer and Explanation:
The tax consequences for the following events -
a. The organization should record the amount of $10,000 in the year 2018 as they followed the cash basis and the cheque should be equal to the cash also troy could not able to record the bonus till it is actually collected
b. As per the accrual basis, the income should be recorded when they are earned not when they are received so the corporation should record the income in the year 2018 as the agent performed the service
c. Since the restrictions that are imposed on cheque for payment purpose should be treated as the substantial and the cheque should not be equivalent to the cash because the customer told that check should be held till Jan 2019 so the income should not be recorded in 2018
It is okay to wear disposable gloves if: You wash hands first and discard gloves between tasks You dispose of the gloves often while preparing foods The handwashing sink is broken or missing soap Your hands are dirty and you are too busy to wash them
What type of trading earns you money when you accurately predict that a stock will lose value? Ticker parade Yielding Charting Trading bonds Going long Holding Selling short
Answer:
Selling short
Explanation:
Selling short is the answer,it simply means that an investor or a trader will make profit when prices of commodities goes down. In other words it the opposite of going long where investors make money when prices rise up
Research suggests that the adoption of may increase efficiency and lower unit costs relative to what can be achieved by the mass production of a standardized output. Group of answer choices Just-in-time manufacturing Unscheduled manufacturing Flexible production technology Quick technology
The answer is "flexible production technology".
It is also known as a "flexible manufacturing system". FMS is a production method that can easily adapt to variations in the item's kind and quantity. The user could be configured machinery and computing devices like that it should produce a variety of products and manage varying production levels.The incorrect choice can be defined as follows:
A just-in-time manufacturing method, it aims to reduce production cycle durations as well as reaction times between suppliers and customers to save costs.Unscheduled manufacturing orders could be removed and afterward reinserted into the production schedule.Quick technology must be made much easier so that society's largest problems may be addressed, and individuals and companies could become more innovative, effective, and productive.Learn more:
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