Remaining-Balance Method is a method of computing interest, with which, interest is calculated by multiplying the principal outstanding by the effective rate for the period in question. True/False

As Vango, inc. bought a new delivery van during the year, the costs that should be expensed as ordinary repairs and maintenance includes:

In a company, an ordinary repairs and maintenance refers to those activities that owners or users of fixed assets are obliged to undertake periodically in order to be able to utilize such assets over their expected service lives.

These are the current costs that cannot be avoided if the fixed assets are to continue to be used. But, the owner or user of these assets cannot afford to neglect maintenance and repairs as the expected service life may be drastically shortened otherwise.

A maintenance and repairs cost do not change the fixed asset or its performance, but simply maintain it in good working order or restore it to its previous condition in the event of a breakdown.

Missing options " - $40,000 cost of the van - $900 for cleaning the van during the year - $2,000 paid to install shelves inside the van - $100 oil change on van"

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sum = 0;

for(j = 0; j < 10; j++)

sum = sum + sale[j][3], (Option D)

Sun Microsystems first introduced Java in 1995 as a programming language and computing platform. By offering the dependable infrastructure on which many services and apps are built, it has grown from modest beginnings to power a significant portion of the digital world of today.

A variable with many value storage spaces is called an array. For instance, you can make an array if you need to store 100 integers. 100; int data;

Use a comma-separated list enclosed in curly brackets to add values to it: my Numbers[] int = 25, 50, 75, 100; Now that we've made a variable, it can store an array of four numbers.

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Infomercials are more popular since they may be both useful and entertaining, and often the cost of broadcasting of a 30-minute block of television time is inexpensive.

In order to attract consumers' attention, advertising seeks to highlight a good or service. It is often intended to promote a certain commodity or service, but there are wide range of purposes, the most popular being the commercial advertisement.

Advertising is a means of communication with the users of a product or service. Advertisements are messages paid for by those who send them and are intended to inform and persuade people who receive them, as defined by the Advertising Association of the UK.

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The product or service that is not subject to network effects is b. Snack chip manufacturing.

The products or services that will be affected by network effects such as slower networks, are all the services and products that use networks to work. Banks use networks to provide services, video game consoles need network for online play, and social networks need networks to be connected to.

Cell phone services are entirely offered over networks. Snack chip manufacturing on the other hand can be done without the need for networks.

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According to Title VII, an employer must respect an employee's honestly held religious convictions, including their right to practice their religion openly at work, to the degree that doing so won't pose an excessive burden on the company's operations.

The legislation compels an employer or other covered organization to make a reasonable effort to respect an employee's religious practices or beliefs, unless doing so would significantly impair the company's ability to do business.

Generally, An employer is required by Title VII to make reasonable accommodations for an employee's sincerely held religious beliefs, which may include allowing the employee to engage in religious expression while at work, to the extent that the employee is able to do so without creating an undue hardship for the operation of the business.

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Rose; Fell, A statistical measurement of how many people earn or receive different amounts of income, the distribution of income is just that.

Since the middle of the 1970s, income inequality has gotten progressively worse to the point where 90 percent of the population hasn't really experienced much income growth in real terms for the past 45 years, whereas those at the top of the distribution have experienced much, much faster income growth.

In other words, the top of the income distribution earned 13.53 times as much as the bottom, a rise of 4.9% from 2020. Additionally, the gap between the middle and bottom of the income distribution grew, going from 4.34 in 2020 to 4.52 in 2021, an increase of 4.0%.

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The complete question is:

Data on the distribution of income for the united states show that from 1970 through 2014, the share of income earned by the top quintile ______ , and the share earned by the bottom quintile _______

A 55 year historic lately received a $30,000 distribution from a preceding employer's 401k plan, minus $6,000 withholding.

IRAs: An IRA distribution paid to you is situation to 10% withholding except you choose out of withholding or pick to have a specific quantity withheld. You can keep away from withholding taxes if you pick out to do a trustee-to-trustee switch to some other IRA.

Regardless of your age, you will want to file a Form 1040 and show the quantity of the IRA withdrawal. Since you took the withdrawal earlier than you reached age 59 1/2, unless you met one of the exceptions, you will need to pay an additional 10% tax on early distributions on your Form 1040.

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The following assertion there will always be a net profit  superior than income.

Income is the cash that a person or organization receives in return for working, providing a good or service, or using capital. People normally make money through wages or salaries, whereas corporations make money by selling products or services for more than it costs to produce them.

These three basic kinds of income are earned, passive, and portfolio. Salary, tips, commissions, or earnings are all examples of earned money. Potential inactive and earned sources of income include limited partnerships, rental properties, and royalties. Capital gains on securities, dividends, and income are all examples for portfolio or capital gain.

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Answer:

C. Greater than

if all of the government’s debt were internal, would financing that debt makes the nation poorer is a false statement.

Debt may be defined as the sum that the borrower owes the bank. A debt is an amount of money that has been received for a specified time frame and must be repaid, plus interest.

External existing debt results in equalization; the process does not make a country poorer. The debt will in time need to be equalized as some point of time in time. The debtor's creditworthiness affects both the debt's size and its acceptance.

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With Australia, there are both negative net exports and a trade imbalance.

An economic system's output is goods and services. Services are acts performed for the benefit of the recipients, whereas goods are tangible products made available to customers. Among the products are clothing, homes goods, and automobiles. Services include things like consulting, cleaning, and legal advice. Production at a company might be anywhere between these two concepts. For instance, a landscaping company may give a homeowner a tree (a good) and also take care of the yard (a service).

A physical object that buyers want or own is a good. Customers want services even when they are not tangible, physical objects. Frequently, a service may be provided remotely as well. What individuals consume and pay for is generally referred to as "goods" and "services."

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True, the cost of the annuity can be divided by the total number of payments to determine the exclusion amount for a purchased fixed-term annuity.

The statement is true.

Annuities provided an average return of between 3% and 4% at the time this article was written. This means that starting with the year you purchased the annuity, the annuity provider would compound interest on your annuity at a rate of, say, 3% annually.

For those looking for low risk, lifetime income, and premium protection, fixed annuities make good investments. Another drawback for some may be that a fixed annuity does not provide any inflation protection.

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Bond market values are expressed as a percentage of their par (face) value. for example, a company's bonds might be trading at 103, which means that they can be bought or sold for 103% of their par value.

In a bond, the issuer owes the bond holder money and is required under the bond's terms to return the bond's capital and income within a specified period of time until the bond matures.

The borrower can receive external liquidity through the sale of the bond in order to finance long-term investments or, in the case of government bonds, to cover urgent costs. Bondholders have the interest of creditors, whereas shareholders have an equity stake in a firm, even though both stocks and bonds are regarded as securities.

The above question is incomplete, the complete question is-

Bond market values are expressed as a percentage of their par (face) value. For example, a company's bonds might be trading at 103, which means that they can be bought or sold for ____ of their par value.

Multiple choice question.

103%

100.3%

10.3%

0.103%

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At least two vaporous, fluid, or strong parts should be blended consistently across a homogenous combination.

What is a Homogenous combination?

A homogenous blend is one whose parts are equitably circulated all through the whole arrangement, whose creation is consistent, and which gives off an impression of being a solitary substance.

Models: A uniform mix of gases makes up air. A homogenous combination of table salt and water is known as a salt arrangement.

The flavorings, water, and sugar might meet up synthetically to create an answer, however, the carbon dioxide bubbles are not scattered similarly all through the fluid.

Hence, the Homogenous combination best depicts a Cold drink.

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Companies must have a carefully constructed inventory policy in order to manage available funds and maximize profitability.

An inventory policy is an integral part of inventory management which helps manage stock flow in a better manner.

A very effective inventory policy is a good theoretical objective but at a practical level, it becomes difficult to achieve because the senior management’s views differs concerning the role of inventory and the knowledge and skills of supply chain and logistics professionals to structure a decision making process for an inventory policy.

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Channel conflict was not mentioned in the textbook as a day-to-day problem of building a business. Thus, the correct option is (B) Channel conflict.

Channel conflict occurs when manufacturers offer their products directly to customers using general marketing means and/or the Internet, bypassing their channel partners such as distributors, retailers, dealers, and sales reps. When there is overproduction, channel conflict might arise. As a result, there is an excess of products. Newer product versions, changes in trends, wholesaler and retailer bankruptcies, and the distribution of defective items all have an impact on channel conflict. In this regard, a company's stock clearing plan is critical.

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Underwriting is the process through which insurers evaluate the risks associated with insuring your small business. It comprises the insurance provider analyzing the risk that your business poses and, if so, setting an acceptable price for your coverage.

A business is covered by a commercial general liability (CGL) insurance policy in the event of physical harm, personal injury, or property damage resulting from operations, products, or accidents that take place on the business's property.

You need to have a working understanding of reinsurance and the ability to think analytically to succeed as a commercial underwriter. In the end, a top-notch commercial underwriter must possess exceptional investigative abilities and be a voracious researcher.

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The reason one discounts future cash flows as part of the absolute valuation process is Future profits are uncertain.

Realizes absolute value by discounting a company's projected cash flows to their present value. A company's absolute value helps investors determine whether the company's stock price is undervalued or overvalued. Estimating long-term future cash flows is the most difficult step in the absolute valuation process.

In doing so assumptions are made to predict the future performance of the stock. It is used to reflect the time value of money because the money received in the future is less valuable than money received today. Discount rates are also used to calculate the present value of a project or investment. It is the total present value of cash flows from a project or investment.

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Answer:

Accountant User

Explanation:

Accountant User user has access to the Voided/deleted transactions tool. Thus option C is correct.

Voiding retains a document of the transaction in your records while lowering the amount of the check to zero. On the other hand hand, deletion completely deletes the activity from QuickBooks. The prepaid bill(s) also revert to an overdue status as a result of this.

It won't have an impact on your checking accounts or reports when you nullify a transaction in Bookkeeping, but you will still have a copy of the transaction. In QuickBooks, when you remove a transaction, it's fully gone from your records and won't show up in any reporting or categories.

Even if a multi-user net can be set up, each license only allows three individuals to view the industry's files. Therefore, option C is the correct option.

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Maxie’s would enter $4,400 in the Accounts Receivable Dr/Sales Cr. column and $3,500 in the Cost of Goods Sold Dr/Inventory Cr. column.

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Paper cash, in contrast to product cash, has no or very little natural worth. Therefore, paper cash is government issued currency. Consequently, the right response is government-issued currency.

What is government-issued currency?

Cash that isn't supported by a ware, like gold or silver, is known as government-issued currency. It is typically assigned as legitimate cash by the responsible government. Neighborhood banks and different associations have once in a while delivered government-issued currency since the beginning of time. Government-issued currency is in many cases allowed under unofficial law in contemporary times.

Government-issued currency, as a rule, has no inherent worth and no utility worth. It just has esteem because individuals who use it as a unit of record - or, on account of money, a vehicle of trade - settle on its worth.

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It enables the assessment of the cost of products sold after each sale in a perpetual inventory system. Thus, the correct option is (a) It allows for the determination of the cost of goods sold after each sale.

A perpetual inventory system, also known as a continuous inventory system, is an inventory system in which information on inventory amount and availability is updated on a continuous/real-time basis as a result of doing business. Most of the time, this is accomplished by connecting the inventory system to order entry and, in the case of retail, the point of sale system. Book inventory would be equal to, or nearly equivalent to, real inventory in this case.

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While perfect competition occurs when buyers and sellers are numerous, knowledgeable about the market, and sell homogeneous goods, monopolistic competition is a sort of imperfect competition in which a large number of sellers provide differentiated products that are not perfect replacements.

A scenario known as monopoly occurs when there is only one seller in the market. The monopoly case is viewed as the polar opposite of perfect competition in conventional economic analysis. The industry's downward-sloping demand curve is, by definition, the demand curve that the monopolist faces. A market arrangement known as a monopoly has just one seller or producer. A monopoly restricts the number of product alternatives accessible and makes it difficult for rivals to enter the market. Monopolies may result in dishonest business practises. A monopoly has three key characteristics, which are: several buyers and a single vendor. No product that comes close to it. Strong obstacles to new enterprises' entry.

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A function that is not performed as a key function of marketing channels is B . Manufacturing .

Marketing channels are used by a company in several ways such as helping to complete transactions between the company and its customers or suppliers . These channels also help with contact work to reach out to stakeholders .

Marketing channels also have the key function of helping to fulfill completed transactions . Manufacturing falls under another part of the company so is not a key function of marketing channels .

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florian, a customer relations specialist at a clothing company, is writing a letter refusing a customer request to replace, free of charge, a box of shirts that the customer spilled ink on. considering this, florian should begin his letter negotiation.

Negotiation is a talk among two or extra humans or events to attain the preferred final results concerning one or greater troubles of warfare. it's miles an interaction between entities who aspire to agree on topics of mutual hobby.[1] The settlement may be useful for all or a number of the parties worried. The negotiators ought to establish their own want and desires even as additionally searching for to recognize the wants and needs of others involved to boom their chances of closing deals, keeping off conflicts, forming relationships with other events, or maximizing mutual gains.

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a) Gross profit is 49% off Sales (2108600-2415000*51%) = 876950

b) Gross profit is 60% of Cost (2108600-1509375) = 599225

c) Gross profit is 38% off Sales (2108600-2415000*62%) = 611300

d) Gross profit is 25% of Cost (2108600-1932000) = 176600

Gross profit is the distinction between revenue and price of products sold (COGS), divided by sales. Gross margin is expressed as a percent. usually, it is calculated as the promoting charge of an object, much less the value of products offered (e. g. production or acquisition costs, no longer such as indirect fixed prices like office prices, hire, or administrative prices), then divided by the identical selling charge. "Gross margin" is regularly used interchangeably with "gross profit", but the phrases are specific: "gross profit" is technically an absolute monetary quantity, and "gross margin" is technically a percentage or ratio.

A gross margin is a form of profit margin, especially a form of profit divided by net revenue, e. g., gross (profit) margin, running (income) margin, net (profit) margin, and many others.

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The President appoints the heads of all Federal agencies, including the Cabinet, with the duty of carrying out and upholding the laws passed by Congress. A member of the Executive Branch who is prepared to take over as President if necessary is the Vice President.

For there to be a good government, there must be a powerful executive. It defends against foreign invasions, is necessary for the enforcement of the law, aids in the preservation of private property, and ensures freedom.

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The purpose of a grant proposal is to secure financing from organizations that champion deserving causes.

A good grant application should be persuasive, straightforward, and brief. Be sure to provide the donor enough information so that they can understand your proposal and see that you've given it some thought, but avoid being overly verbose. Additionally, the story you include in your grant application should help the sponsor understand your initiative.

Your ideas and initiatives to offer public services and boost the economy can be funded by the government through grants. Grants fund numerous programs included in the Catalog for Federal Domestic Assistance, including innovative research projects, crucial recovery measures, and others (CFDA).

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There will be a reduction in the amount of labor requested and an upward shift in the demand curve.

Inflation is brought on by wage increases since doing business becomes more expensive as wages rise.

Companies must raise their prices for their products and services to offset the cost increase and keep their profitability at the same level.

The quantity of work required will alter in response to changes in pay or salary. Employers will want to hire fewer workers if the pay rate rises.

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If the short-run aggregate supply curve is horizontal, an increase in union aggressiveness that pushes wages and prices up will result in higher prices and lower output in the short run (D).

Aggregate Supply is the total output of products produced within an aconomy at a given price in a giver time period. Aggregate suspply curve represents the relationship between price levels and the quantity of output that firms are willing to produce.

In the short-run, aggregate supply responds to the fluctuation of demands by changing the use of current inputs in the production process. In the short-run, the level of capital is fixed and a company cannot generate new working capital to increase the production efficiency.

When union aggressively pushes the wages up, this will put firms in difficult position because they have to allocate more costs to direct labors and wages expenses. Because the limitation of working capital, the only way out for those firms are to increase their product's prices and lower their production output.

This condition will shifted the Short-run aggregate supply curve and resulted in higher prices and lower output in the short-run.

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Answer: depreciated and so buys fewer Thai goods.

Explanation:

If exchange rate changes from 41 Thai bhat per dollar -35 Thai bhat per dollar, then dollar has depreciated and buys fewer Thai goods. The appropriate response is option D.

The rate during which one currency can be exchanged for another is known as the exchange rate. Some exchange rates are linked or fixed to the value of a particular country's currency, however most exchange rates are floating and will increase or decrease depending on market supply and demand.

A currency's value declines when compared to other currencies, which is known as currency depreciation. Political unrest, interest rate differences, weak economic fundamentals, and investor risk aversion are a few examples of the causes of currency devaluation.

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