Answer:
promissory estoppel
Explanation:
Common law recognizes promissory estoppel as an enforceable promise. In order for promissory estoppel to be enforceable, it must comply with the following:
The promisee (the hospital) must have believed that the promise was real. The promisor (the father) must be a person capable of carrying out the promise. The promisee must have acted assuming that the promise was true (purchased the respirator).The ______ inventory system records all inventory-related transactions in the inventory account (e.g. transportation, purchase returns and allowances, purchase returns and allowances, purchase discounts) and reduces inventory at the time of sale. The ______ inventory system uses separate accounts for these items and records cost of goods sold at the end of the accounting period.
A nation has an absolute advantage in the production of a good, if Group of answer choices it can produce that good at a lower opportunity cost than its trading partner it can produce that good using fewer resources than its trading partner it can produce that good using more resources than its trading partner it can produce that good at a higher opportunity cost than its trading partner PreviousNext
Answer: it can produce that good using fewer resources than its trading partner
Explanation:
A country has an absolute advantage in the production of a good when such country can produce the good using fewer resources than another country.
Absolute advantage can be due to the natural endowment of a country. For example, let's say Japan uses 2 hours in producing a good while Brazil uses 5 hours in producing such good. Then, it can be deduced that Japan has an absolute advantage over Brazil.
Give a Brief history from subsistence economy to money economy.
Please Help ASAP. Please
Answer:
Explantation to the following question is as follows;
Explanation:
A subsistence economy frequently engages in artisans fisheries, labor-intensive agriculture, and animal grazing. Handmade, basic tools and traditional procedures are used in each of these undertakings. The absence of excess is another feature of subsistence economies.
Money is an economic entity that serves as a universally accepted means of trade in a transactional economy. Money performs the function of lowering transaction costs, namely the twofold coincidence of desires.
An advantage of tradable emissions permits is that: Group of answer choices they provide incentives for firms to develop technologies that are less polluting. the value that future generations place on pollution damages can be determined. nondegradable pollutants can be more easily controlled than degradable pollutants. pollution costs are easier to measure than emissions taxes.
Answer:
they provide incentives for firms to develop technologies that are less polluting.
Explanation:
Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.
Offset trading refers to a type of trading system that is typically designed for the realization of more efficient pollution control.
This ultimately implies that, it can be described as a program that allows new firms to pay existing firms to reduce their emissions below a standard.
Free market in tradable pollution permits simply means giving manufacturing companies and individuals the legal right to pollution of the environment. For example, XYZ company is purchasing the permit of 500 units of carbon dioxide (CO2) pollution annually, this simply means it is permitted to pollute the environment by 500 units of CO2 annually.
Additionally, a free market in tradable pollution permits has some sort of benefits as companies can resell their unused permits or devise a cheaper means of reducing pollution. It also compensate companies that significantly reduces its pollution of the environment.
Hence, an advantage of tradable emissions permits is that they provide incentives for firms to develop technologies that are less polluting because it would reduce the amount they would have to pay for pollution.
Which employer benefit option requires the employee to refuse to participate in the plan?
Opt-in program
Opt-out program
Contribution matching
Individual Retirement Account
Answer:
Opt-out program
Explanation:
A health insurance optout programe is an arrangement for financial incentive for same employees who offer employment to the declined group health covers. Such are den to reduce the benefits of cost by paying less for the inventive they would for their share of the benefits.Answer:
B
Explanation:
took test
Roger Company sold machinery for a total price of $20,000 to be paid in four equal installments, plus interest. The first payment was made in the current year. The original cost of the machinery was $12,000 and $8,000 of depreciation had been taken on it. Ignoring interest income, what amount of income must Roger Company recognize in the current year under the installment method for this sale
Answer:
$8,000 ordinary income and $2,000 capital gain.
Explanation:
Calculation to determine what amount must Roger recognize in the current year
Since total gain is $16,000 calculated using this formula
Total gain=Selling price-Basis
Total gain=$20,000-$4,000
Total gain=16,000
Which means that he must recognize the complete $8,000 . Hence, the revised gain of $8,000 will be the ORDINARY INCOME in the current year which is calculated as:
Ordinary Income=Selling price-Adjusted basis
Ordinary Income=$20,000-$12,000
Ordinary Income=$8,000
Lastly is to determine The gross profit percentage of which will be applied to each using this formula
Gross profit percentage=Gross profit ÷Contract price
Gross profit percentage=$8,000 ÷ $20,000
Gross profit percentage=40%
Hence, the CAPITAL GAIN for the current year will be:
Capital gain = [($20,000 ÷ 4) × 40%]
Capital gain=$2,000
Therefore the amount that Roger must recognize in the current year is $8,000 ordinary income and $2,000 capital gain.
You pull credit on a husband and wife. It turns out their debt-to-income ratio is too high. You notice the majority of the debts belong to the husband. You also note that the wife has enough income to qualify on her own. You remove the husband from the loan, with permission from the borrower, submit the file, and receive approval. This action is:
Answer:
This action is legal and ethical (except for communal property sales)
Explanation:
Scenarios do occur where one borrower brings down the entire loan filed. if the other borrower can take on the loan burden, then there is a way.
Absolutely nothing wrong with finding a way to qualify your borrowers request for a loan as long as they are ok with it. Most of the money in the joint assets account belongs to the non-borrower. The lender requires two months of bank statements as therefore, documentation is needed by the lender that requires you to disclose and document deposits for the borrower and non-borrower.
This method cannot work in a communal property state
Ram thinks of a number if he adds 3 to 5 times the number he gets 38. what is the number?
Answer:
This answer is 7
Explanation:
Try using this to show the working
(5x)+3=38
Charley spends all of his income on soft drinks and pizza. Suppose he is currently buying these products in amounts such that his marginal benefit from an additional soft drink is and his marginal benefit from an additional slice of pizza is . If the price of a soft drink is and the price of a slice of pizza is , is Charley maximizing his total benefits? A. No, he should increase his consumption of both goods. B. No, he should shift consumption toward and away from to maximize total benefits. C. Yes, there is no other consumption choice that will make his total benefits greater. D. No, he should shift consumption toward and away from to maximize total benefits.'
Answer:
The correct option is B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.
Explanation:
Note: This question is not complete because some important figures and points are missing in it. These figures and points are therefore provided to complete the question before answering it as follows:
Charley spends all of his income on soft drinks and pizza. Suppose he is currently buying these products in amounts such that his marginal benefit from an additional soft drink is $100 and his marginal benefit from an additional slice of pizza is $110. If the price of a soft drink is $2 and the price of a slice of pizza is $3, is Charley maximizing his total benefits?
A. No, he should increase his consumption of both goods.
B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.
C. Yes, there is no other consumption choice that will make his total benefits greater.
D. No, he should shift consumption toward pizza and away from soft drinks to maximize total benefits.'
The explanation of the answer is now provided as follows:
Under utility maximization theory, the condition for the utility or benefit maximization for two goods is as follows:
MBs / Ps = MBp / Pp ……………………………. (1)
Where:
MBs = Marginal benefit from an additional soft drink = $100
MBp = Marginal benefit from an additional slice of pizza =$110
Ps = Price of a soft drink = $2
Pp = Price of a slice of pizza = $3
Subtitling the relevant values, we have:
MBs / Ps = Marginal utility per dollar spent on soft drinks = $100 / $2 = 50
MBp / Pp = Marginal utility per dollar spent on soft pizza = $110 / $3 = 36.67
This implies that 50 = MBs / Ps > MBp / Pp = 36.67
The decision rule is that the limited money income should be spent by a consumer on the good which gives the higher marginal utility per dollar in order to maximize marginal benefit.
Since 50 = MBs / Ps > MBp / Pp = 36.67 above, this implies that Charley is NOT maximizing his total benefits. To maximize his total benefits, Charley should consume more of soft drinks and less of pizza until the condition is consistent with equation (1).
Therefore, the correct option is B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.
In considering the issue of distribution intensity (i.e., how many intermediaries a manufacturer will go through to distribute its goods to end-user consumers), Taza Chocolate __________. a.Uses intensive distribution exclusively. b.Uses selective distribution exclusively. c.Balances intensive distribution with selective distribution. d.Uses neither intensive distribution nor selective distribution.
Answer:
c.Balances intensive distribution with selective distribution.
Explanation:
In the case when there is an issue of a distribution intensity means no of intermediaries at which the manufactured would go through the distribution of goods for the end consumers so here the company used the intensive distribution that should be balance with the selective distribution
So as per the given situation, the option c is correct
One advantage of ______ is the direct crossing of trades without using a broker-dealer system eliminates the bid-ask spread that otherwise would be incurred. Multiple choice question. ECNs Direct Search Markets Broker Markets Dealer Markets
Answer:
ECNs (electronic communication network)
Explanation:
An electronic communication network can be regarded as computerized system which is designed to matches buyers as well as sellers orders automatically for securities so trading can take place in the market. ECN trading is designed to favor investor that are in different geographic areas , but want to have a complete aand secure transaction with absence of any
third party. It should be noted that One advantage of ECNs is the direct crossing of trades without using a broker-dealer system eliminates the bid-ask spread that otherwise would be incurred
Concern for the environment among consumers causes consumers to substitute away from traditional autos to electric-powered autos.
Equilibrium quantity: Increases / Decreases
Equilibrium price: Increases / Decreases
Answer:
the equilibrium price and quantity of traditional autos decreases
the equilibrium price and quantity of electric cars increases
Explanation:
Due to the decrease in demand for traditional autos, there would be a leftward shift of the demand curve for traditional autos. As a result, equilibrium price and quantity would fall.
Due to the increase in demand for electric-powered autos, there would be a rightward shift of the demand curve for traditional autos. As a result, equilibrium price and quantity would increase.
Please check the attached images for graphical illustrations
A potential client is shopping around for a competitive rate and a 15-day lead time to close. The brokerage you work for offers highly competitive rates, has an average lead to close time of 30 days, and a fast lead to close time of 21 days. Understanding these figures, you tell the client you can meet their demands and secure their business. This action is:
Answer:
Legal but unethical
Explanation:
It is unethical to overpromise just to secure a loan. If you cannot meet the demand of the client, do not tell the borrower you can.
There are several Standards and Ethics Committee established a Code of Ethics and Professional Responsibility . This was set up to aid the ethical framework that every company that is a member and their employees must follow. They usually sign a copy of the Code of Ethics & Professional Responsibility when joining or renewing membership.
The Standards and Ethics Committee has different advisory views to help clarify some parts of the Code of Ethics.
Zoe's Dog Biscuits, inc, has net cash flows from operating activities for the last year of $226 million. The income statement shows that net income in $150 million and depreciation expense is $85 million. During the year, the change in inventory on the balance sheet was an increase of $14 million, change in accrued wages and taxes was an increase of $15 million and change in accounts payable was an increase of $10 million. At the beginning of the year the balance of accounts receivable was $45 million. What was the end of year balance for accounts receivable?
A. $20 million
B. $25 million
C. $45 million
D. $65 million
Answer:
D. $65 million
Explanation:
The computation of the end of year balance for accounts receivable is shown below:
Cash flows from operating activities $226
net income $150
Add: depreciation $85
Less: increase in inventory -$14
Add: increase in wages and taxes $15
Add: increase in account payable $10
Total $246
Change in account receivable -$20
Opening account receivable $45
Ending account receivable $65
The formula for the production budget is budgeted sales in units plus desired ending merchandise inventory less beginning merchandise inventory. beginning finished goods units less desired ending finished goods units. desired ending direct materials units less beginning direct materials units. desired ending finished goods units less beginning finished goods units.
Answer:
desired ending finished goods units less beginning finished goods units.
Explanation:
production budget can be regarded as budget that gives the calculation of the number of units of particular products which is needed to be manufactured, this is comprises the sales forecast as well as amount of finished goods inventory that is planned to have on hand.
It should be noted that the formula for the production budget is desired ending finished goods units less beginning finished goods units..
Andrea, a sales associate in the fine china department of the David's Department Store, reports to Chris, the home furnishings department manager. This morning, Chris asked Andrea to change the price tags on the crystal wine glasses. While working on this task, Pietro, the bedding department manager, told Andrea that he wanted her to unload some comforters. To solve this conflict, Andrea turns to the principle of unity of command under which Group of answer choices Andrea needs to decide which manager has more power. Andrea can refuse to do both tasks. employees should report to no more than one manager. employees can report to two managers, so Andrea needs to decide whose directions to follow. Andrea will need to determine how she can multitask.
Answer: employee should report to no more than one manager.
Explanation:
Under the principles of war, it should be noted that the unity of command simply means that all the responsibility of all the forces are under one commander. The commanders possesses the authority to direct and control all the forces in order to achieve q common goal.
Therefore, in this scenario, Andrea should report to Chris who is the home furnishings department manager since Chris is his immediate manager as he can only follow the order of one boss.
please help me with this account question I'm tryna make entries
Answer:
451
Explanation:
430+21
1234567890101112131415
Joe has an idea for a new mobile restaurant business. He wants to convert an antique bus into a sit-down restaurant with a service window allowing him to serve people within the bus and walk-ups who want to get their food and take it home. Joe takes his idea and looks at the people, the offerings, the customers, the value proposition, and his distinctive competencies. Joe is performing a(n) ______
A. business model canvas
B. RBI screen
C. classic feasibility study
D. pilot test
Answer:
C. classic feasibility study
Explanation:
A feasibility study is the study that shows the analysis made for considered the relevant factors for a project. It included the economic, technological, legal in order to ascertain the completion of the project in a successful manner
So as per the given situation, the option c is correct
And, the same is to be considered
Identify the correct statement. Group of answer choices An increase in the price level in an economy will decrease the real GDP demanded along the aggregate demand curve. An increase in the price level in an economy will increase the real value of dollar-denominated assets. An increase in the price level in an economy will shift the aggregate demand curve rightward. An increase in the price level in an economy will shift the aggregate expenditure line upward. An increase in the price level in an economy will decrease the equilibrium level of output demanded.
Answer:
An increase in the price level in an economy will decrease the real GDP demanded along the aggregate demand curve.
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.
In order to understand both short-run economic fluctuations and how the economy move from short to long run, we need the aggregate supply and aggregate demand model.
Aggregate demand (AD) can be defined as the total quantity of output (final goods and services) that is demanded by consumers at all possible price levels in an economy at a particular time.
Generally, an increase in the price level in an economy will decrease the real GDP demanded along the aggregate demand curve.
Additionally, an economy's aggregate demand curve shifts rightward or leftward by more than changes in initial spending because of the multiplier effect. Also, an increase in stock prices that increases consumer wealth will most likely shift the aggregate demand curve to the right.
Lastly, a change in price level would not shift the aggregate demand curve (AD curve).
During the Great Depression, a. the pineapple industry finally became highly profitable as world demand for fruits rose. b. Latin America developed a mature regional economy, which exported large quantities of manufactured goods and imported most of its foodstuffs and raw materials. c. revolutions occurred all over Latin America. d. Latin American economies boomed, in contrast to those of the United States and Europe. e. domestic instability led to the creation of dictatorships.
Answer:
e. domestic instability led to the creation of dictatorships.
Explanation:
The Great Depression was a period of severe economic meltdown or downturn (crisis) of the industrialized world and it started from the United States of America, typically lasting for about ten years (1929-139).
Basically, the Great Depression started in America on the 4th of September, 1929 as a result of a major fall in the prices of stocks and consequently, leading to a stock market crash on the 29th of October, 1929.
Hence, the negative effects of the Great Depression includes a decline in investments, tax revenues, market price, personal income level, consumer spending, profits and a general rise in unemployment rate.
During the Great Depression, domestic instability led to the creation of dictatorships and autocratic leaderships (government) across many countries.
Generally, dictatorship is characterized by a single leader (dictator) having absolute power and as such he or she makes all the rules, policies and decisions without consulting or taking suggestions from anyone else.
how are stocks be calculated? what Is stock exchange?
Answer:
Stocks are a check on a certain holding in a public limited company. Different rights may accompany the stocks, but most often it gives its owner the right to attend and participate in elections at the company's annual general meeting, receive dividends from the company and sell the stock or holding to a third party. Stocks are issued at a certain nominal value, often $1 per share. If the stocks are listed on public stock exchanges, they are often referred to as "listed stocks", but when listing, an official price is created for stocks in the company and this makes it easier for stock owners to trade in the stocks. The company's multiplied by the price on the stock exchange is called the company's market value.
5
Select the correct text in the passage.
What is the opportunity cost in this scenario?
Mikael has saved $4,000 for his trip to Brazil. He has calculated that his total transportation expenses will be $1,000. The hotel will cost him
another $1,500. He will spend about $500 on food. He plans on spending the remaining $1,000 for sightseeing and buying souvenirs.
While booking his plane ticket, he realizes that the price has gone up. His total transportation expenses will go up by $200. He realizes that he
cannot cancel his hotel reservation. He also doesn't want to go cheap on food. Finally, he decides to give up visiting the popular Ouro Preto
during his stay in Brazil.
Reset
Next
Answer: sightseeing
Explanation:
Opportunity costs represent to the potential benefits that an economic entity misses out on when another alternative is chosen over another.
In this case, due to the increase in the price of the plane ticket, Mikael decides to give up visiting the popular Ouro Preto during his stay in Brazil even though it was earlier planned. Therefore, it can be infered that sightseeing is the opportunity cost as that is what he forgoes in order to choose a different alternative.
If Delia decides to purchase a home that is listed by XYZ Realty, which of the following is TRUE? a. The sale would be completed according to the rules for Intermediary without Appointments b. Broker Bradley can choose to have Intermediary with Appointments and work as the listing agent in the transaction. c. Broker Bradley can choose to have Intermediary with Appointments and work as the selling agent in the transaction. d. Broker Bradley can appoint Ryan to work as both the listing agent and the selling agent and give advice to both parties as long as they are OK with it.
Answer: The sale would be completed according to the rules for Intermediary without Appointments
Explanation:
Intermediary without appointments takes place when an agent sells his or her own listing but in this scenario, the agent cannot negotiate or give advice to either party.
If Delia decides to purchase a home that is listed by XYZ Realty, then this sale would be completed according to the rules for intermediary without appointments. In such case, the agent can't give an opinion or negotiate on either parties behalf.
The government has adopted an emissions tax if it: Group of answer choices specifies the type of catalytic converter that must be used to reduce automobile emissions. pays automobile drivers 10 cents for each 10% reduction in automobile emissions. charges automobile drivers 10 cents for each unit of automobile emissions. transfers the ownership of city air to a private firm that charges automobile drivers a profit-maximizing price, based in part on the pollution capacity of the atmosphere.
Answer:
charges automobile drivers 10 cents for each unit of automobile emissions.
Explanation:
Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.
Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.
An emission tax can be defined as tax levied on manufacturers or road users such as drivers for the amount of pollution dispersed into the environment.
Hence, the government has adopted an emissions tax if it charges automobile drivers 10 cents for each unit of automobile emissions.
In strategic management, both the short-term and long-term perspectives need to be considered because a. the creative tension between the two forces managers to develop more successful strategy. b. shareholders only care about long-term returns c. shareholder value is only measured by short-term returns. d. long-term vision precludes the analysis of present operating needs.
Answer:
a. the creative tension between the two forces managers to develop more successful strategy.
Explanation:
It is correct to say that short-term and long-term strategies must be designed individually as the creative tension between the two forces managers to develop more successful strategies.
It is essential that in strategic planning the short-term and long-term action plans are well specified, so that the strategic development understands the organizational whole and the strategies are aligned, since the short-term actions will consequently impact those of long term.
Wally is trying to determine how many salespeople he needs to satisfy the demand for waterslides. Wally's Waterslide World has 6000 customers with a call frequency of 5 times per year. The average length of a sales call is 90 minutes and each salesperson has 20 hours a week, 45 weeks a year available to make these calls. How many salespeople does Wally need to adequately sell waterslides
Answer:
50
Explanation:
Calculation to determine How many Number of Salespeople does Wally need to adequately sell waterslides
Using this formula
Number of Salespeople=(Number of customers*Calls necessary*Hours per call)/Average selling time available per year
Let plug in the formula
Number of Salespeople= (6000* 5 * 1.5 hours per call) / 900 hours
Number of Salespeople= 45,000 / 900
Number of Salespeople=50
Therefore Number of Salespeople that Wally need to adequately sell waterslides is ,50
G free ltd intends reducing the number of suppliers they use by 50% analyse how reducing the number of suppliers could imporve g-free lts future operational performance
Answer:
It has to buy gluten free raw material to retains its customers because customers are willing to pay premium price for this feature. If there will be few supplier at G-Free Ltd will be able to focus on maintaining better and long term relationship with them.
Explanation:
G-Free Ltd has intended to reduce number of suppliers to improve its operational performance. It can grow its business and save cost from buying in bulk from a few suppliers. There will be less risk for procurement of raw material with gluten because there only few suppliers who will be providing raw material.
what is the final step in marketing a product?
Answer:
Positioning: The final step is to position your product in a way that will appeal to the needs of your target audience and encourage them to buy your product.
A company purchased two identical items. Item 101 purchased in October cost $100. Item 102 purchased in November cost $110. The business uses the Last-in, first-out (LIFO) cost flow method. If item 101 is sold to a customer, the amount assigned to cost of goods sold is ______.
Answer:
$110
Explanation:
LIFO means last in first out. It means that its the last purchased inventory that is the first to be sold.
If the LIFO method is used, the cost of goods sold would be the cost of purchasing inventory 102 which was the inventory that was purchased last.
The cost of inventory 102 is 110
Niat ny mau bikin dua akun tapi malah kesasar :(
Answer:
I'm lost and I don't understand your language
