Based on the available options, and the concept of interest, the products that are most affected by the interest rates are Apartment
What is Interest RateInterest rate is a term that is used to describe the cost of borrowing or the rewards available for saving.
Generally, as a borrower, the interest rate is the amount individuals would be charged for borrowing money, indicated as a percentage of the total amount of the loan.
From the available options, the cost of an Apartment would be the most expensive, and thus borrowing to pay for an apartment would lead to a higher interest rate which would be indicated as a percentage.
Also, because of the huge cost of apartments, the length at which to pay for it would make the interest rates to be paid higher in the longer run.
Hence, in this case, it is concluded that the correct answer is Apartment.
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suppose that the marginal cost of mining gold is constant at $300 per ounce and the demand schedule is as follows:
Supposing that the marginal cost of mining gold is constant at $300 per ounce and the demand schedule is as follows:
The price would be $300 and quantity would be 8000 ozThe price would be $700 and quantity would be 4000 ozThe price would be $700 and quantity would be 2000 oz eachThe revenues of both firm would : increase ( for the firm that increase production ) and decrease ( for the firm that doesn't increase production)Demand is a principle of economics that captures the consumer's desire to buy the product or service. The demand is calculated as the price the consumers are willing to pay for the product or service.
Now the reason behind the answer can be explained by following-
marginal cost = $300 calculating the value of TR ( total revenue for each price and quantity given )
TR = price * quantity also calculate the MR ( marginal revenue for each )
MR = For the first value : TR = $1000000 , MR = nil
For the second value : TR = $1800000 , MR = $800
For the third value : TR = $2400000. MR = $600
For the fourth value : TR = $2800000 , MR = $400
For the fifth value: TR = $3000000 , MR = $200
For the sixth value : TR = $3000000, MR = $0
For the seventh value : TR = $2800000, MR = -$200
For the eighth value : TR = $2400000, MR = -$400
a)The price would be $300 and quantity would be 8000 oz because from the table above that is the point with highest quantity supplied
b) The price would be $700 and quantity would be 4000 oz because the single supplier would put the price and quantity to be supplied at the point where marginal cost is closest to the marginal revenue
d) The revenues of both firm would : increase ( for the firm that increase production ) and decrease ( for the firm that doesn't increase production) this is because increase in production is directly proportional to increase in revenue .
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in year 1, rick bought a collectible watch for his own use at a cost of $8,000. in year 5, when the fair market value was $12,000, rick gave this watch to his son, chris. no gift tax was due. which of the following correctly states the holding period and the type of asset? holding period type of asset holding period starts year 5 type of asset sec. 1231 holding period starts year 5 type of asset capital asset holding period starts year 1 type of asset capital asset holding period starts year 1 type of asset sec. 1231
Begins Year 1 | The asset's first year was when Rick bought the watch. Unless specifically excluded under the IRC, all of a taxpayer's possessions are considered capital assets.
What is the IRC's purpose?The International Rescue Society responds to some of the worst humanitarian emergencies that exist today, such as the conflict in Afghanistan and the crisis in Ukraine. We aid those who have been harmed by conflict and tragedy in regaining their healthcare, safety, education, economic well-being, and power.
The IRC is legitimate, right?Charity watchdog organizations frequently give the IRC high marks for our effective use of donations and the efficiency of our operations.
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which one of the following pairs of goods is likely to have a negative cross-price elasticity of demand?
a. purses and backpacks
b. sofas and dining room tables
c. manicures and pedicures
d. shoes and socks
e. trucks and sedans
Among all the given pairs of goods, the one that is most likely to have a negative cross-price elasticity of demand is shoes and socks. Hence, option D is correct.
What is the meaning of cross-price elasticity?To determine whether products are "substitutes" or "complements," the idea of cross price elasticity of demand is employed. To group goods that are probably going to compete with one another, it is also used in market definition.
Cross price elasticity of demand is a term used to describe how responsive a good's demand is to changes in the price of unrelated goods. It is consistently expressed in percentage terms.
Shoes and socks are the given product pair that is most likely to have a negative cross-price elasticity of demand.
Therefore, option D is correct.
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The data in the table characterizes the income distribution for a country What percentage of the total population is categorized as belonging to the second quintile? Give your responses as whole numbers. Share of income (%) 5.0 Cumulative share of income (5) 11.0 16,0 Income category first quintile second quintile third quintile fourth quintile fifth quintile 39.0 27.0 percentage of population in second quintile: 34.0 What percentage of the total income for the country is earned by the third quintile? percentage earned by the third quintile: % What is the cumulative share of income earned by the poorest 80% of the population? percentage earned by the poorest 80%: 80
The most know term that divides a data-set into groups is quartiles, dividing the data-set into four groups.
In this problem, quintiles are used, which divides the population into five groups, as follows:
First quintile: Up to the poorest 20%.Second quintile: From the poorest 20% to the poorest 40%.Third quintile: From the poorest 40% to the poorest 60%.Fourth quintile: From the poorest 60% to the poorest 80%.Fifth quintile: From the poorest 80% to the poorest 100%.It is important to understand the inverses, that is:
Poorest 80% = Richest 20%, for example.
From the table given by the image at the end of the answer, the measures are given as follows:
Second quintile: 11%.Third quintile: 23%, as 39% - 16% = 23%.Poorest 80% = Total - Fifth quintile = 100 - 34 = 66%.Missing InformationThe table is given by the image shown at the end of the answer.
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fig garden is a popular chain of restaurants for authentic italian food. recently, a customer found a dead insect in the pasta he was served. the customer's negative review about the restaurant went viral. fig garden's chief executive officer (ceo) publicly apologized for the mishap and posted pictures of the restaurant's kitchen, after being fumigated, on several social networking websites. in this scenario, which of the following does fig garden's ceo demonstrate?
B. Crisis Management
In this scenario, the CEO of Fig Garden demonstrates crisis management, which is a strategy used by organizations when a negative situation involves the company and threatens its credibility with its stakeholders.
Crisis Management is a process- and strategy-based approach used by an organization to identify and respond to a threat, an unexpected event, or any negative disruption that has the potential to harm people, property, or business processes. A crisis management plan is required if any event is to become a crisis.
Natural disasters, active shooter scenarios, terrorist events, mass violence occurrences, and even global pandemics can occur at any time, with or without warning. Aside from the immediate threat to people, property, and processes, crises and critical emergency events frequently have unanticipated and cascading effects on employee morale, brand reputation, customer satisfaction, and even the supply chain.
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The complete question is:
Fig Garden is a popular chain of restaurants for authentic Italian food. Recently, a customer found a dead insect in the pasta he was served. The customer's negative review about the restaurant went viral. Fig Garden's chief executive officer (CEO) publicly apologized for the mishap and posted pictures of the restaurant's kitchen, after being fumigated, on several social networking websites. In this scenario, which of the following does Fig Garden's CEO demonstrate?
A. Audience control
B. Crisis management
C. Letharsy
D. Experiential selling
current attempt in progress pharoah company ltd. publishes a monthly sports magazine, fishing preview. subscriptions to the magazine cost $15 per year. during november 2022, pharoah sells 14,000 subscriptions for cash, beginning with the december issue. pharoah prepares financial statements quarterly and recognizes subscription revenue at the end of the quarter. the company uses the accounts unearned subscription revenue and subscription revenue. the company has a december 31 year-end. prepare a tabular summary to record the following events. (a) receipt of the subscriptions in november. (b) adjustment at december 31, 2022, to record subscription revenue in december 2022.
Fishing Previe is a monthly sports magazine published by Faro Company Limited. Subscriptions to the magazine cost 15 per year in November 2022, and starting with the December edition,[tex]14,000[/tex] subscriptions will be sold for cash record .
At the conclusion of each quarter, Pharo prepares its financial accounts and records subscription revenue. The business uses accounts for earned and unearned subscription money. The business has a December 31st year and gets ready to receive subscriptions in November. So, we do. Date account names, an explanation, debit, and credit are the columns in this table. The year is 2022 point, and our date is November 30th because we're instructed that we're preparing the entry at the end of November. This is where we gave that up. The account's name and a justification. The first item is cash, which will be divided into[tex]210000[/tex] dollars by multiplying the cash account by 15 or 15 times the [tex]14,000[/tex] point, to get 93300 points. The next item is unearned subscription revenue, which is accredited at [tex]210000[/tex]dollars. Again, to record cash receipts, this was calculated by multiplying 15 by [tex]14,000[/tex]
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Fishing Previe is a monthly sports magazine published by Faro Company Limited. Subscriptions to the magazine cost 15 per year in November 2022, and starting with the December edition[tex]14000[/tex], subscriptions will be sold for cash record .
At the conclusion of each quarter, Pharo prepares its financial accounts and records subscription revenue. The business uses accounts for earned and unearned subscription money. The business has a December 31st year and gets ready to receive subscriptions in November. So, we do. Date account names, an explanation, debit, and credit are the columns in this table. The year is 2022 point, and our date is November 30th because we're instructed that we're preparing the entry at the end of November. This is where we gave that up. The account's name and a justification. The first item is cash, which will be divided into[tex]210000[/tex] dollars by multiplying the cash account by 15 or 15 times the [tex]14000[/tex] point, to get 93300 points. The next item is unearned subscription revenue, which is accredited at [tex]210000[/tex] dollars. Again, to record cash receipts, this was calculated by multiplying 15 by [tex]14000[/tex]
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Which of the following types of families is likely to have the least need for a large amount of life insurance?
A) a blended family
B) a traditional family
C) a single person family
D) a sandwiched family
a single person family is types of families is likely to have the least need for a large amount of life insurance.
How Does Life Insurance Work?Your contract with an insurance company is known as life insurance. Essentially, the insurance provider will give your dependents a lump sum, known as a life insurance, in return for your monthly premiums. The funds are available for use by your recipients for any objective.
I should purchase life insurance when I am how old?Although you may not "need it," your 20s are the greatest age to purchase affordable term life insurance. You typically receive the most reasonable rates when you're younger and healthier since you pose less of a risk to an insurer.
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year investment cash inflow 1 $ 58,000 $ 4,000 2 $ 8,000 $ 8,000 3 $ 11,000 4 $ 14,000 5 $ 17,000 6 $ 15,000 7 $ 13,000 8 $ 11,000 9 $ 10,000 10 $ 10,000
In 5.8 yeas, the invested amount is recovered.
Any inflows or outflows of cash from a company's long-term investments are included in cash flow from investing activities. The cash flow statement shows how much cash and cash equivalents are coming into and going out of a business.
If the cash inflow in the previous year had been several times as large, the payback period would not be impacted.
Calculation:
In the payback, we analyze in how many years the invested amount is recovered. The computation is shown below:
In year 0 = $58,000 + $8,000 = $66,000
In year 1 = $4,000
In year 2 = $8,000
In year 3 = $11,000
In year 4 = $14,000
In year 5 = $17,000
In year 6 = $15,000
If we sum the first 5 year cash inflows than it would be $54,000
Now we deduct the $54,000 from the $66,000 , so the amount would be $12,000 as if we added the sixth year cash inflow so the total amount exceed to the initial investment. So, we deduct it
And, the next year cash inflow is $`15,000
So, the payback period equal to
= 5 years + $12,000 ÷ $15,000
= 5.8 yeas
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the manager of the bank where you work tells you that your bank has $10 million in excess reserves. she also tells you that the bank has $500 million in deposits and $455 million in loans. given this information you find that the reserve requirement must be
The reserve ratio requirement must be 7%
Reserves= deposits-loans
= 500-455
= 45 million
Required reserve= reserve- excess reserve
= 45-10
= 35 million
Required reserve ratio= required reserve/deposits
= 35/500
= 0.07
= 7%
Required reserve ratio- A required reserve ratio is the percentage of deposits that a bank is required by regulators to hold in reserves and not lend out. If the required reserve ratio is one to ten, a bank must keep $0.10 of every dollar in reserves but can lend out $0.90 of every dollar.
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identify each scenario as a result of ecological overshoot, or not.
Results of ecological overshoot may also consist of depletion of freshwater systems, collapsing fisheries in the oceans, and gentrification in urban neighborhoods. +human needs on nature exceed the planet's ability to provide.
What is Global Ecological Overshoot?Ecological overshoot is measured using ecological footprint analysis, which assesses humanity's complete demand on nature's offerings over a one-year duration compared to the functionality of biologically productive land and sea areas to meet that demand.
Today, most countries, and the world as a whole, are in ecological overshoot. Over 85% of the world population lives in nations running with an ecological overshoot.
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https://brainly.com/question/14548329#SPJ4TRUE/FALSE.the three types of income in the us income tax system are ordinary income, portfolio income and capital income.
Ordinary income, portfolio income, and capital income are the three categories of income under the US income tax system. The said statement is true.
What is US Income Tax System?
The federal government with majority of states in the US, imposes income taxes for generating revenue. Applying a tax rate to taxable income, which is the entire income less permissible deductions, yields the income taxes, which may rise as income rises.
Further Earned, passive, and portfolio income are the three basic types of income.
Earned income consists of salaries, tips, commissions, and wages.
Rental properties, royalties, and limited partnerships are all potential sources of passive or unearned income.
Interest, dividends, and investment capital gains are all types of portfolio or investment income.
Therefore the above statement is said to be true.
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following is a series of statements related to the graph below: i. the ending inventory for period iv is approximately 0. ii. the inventory level increases during period i. iii. starting inventory for period i is greater than 0. iv. there are back orders at the end of period ii. which of the above statements are true? Group of answer choicesI, only is true.I, II, and IV are true.I, III, and IV are true.All of the statements are true.The correct combination is not given
Based on the graph below, the correct following statments are:
The ending inventory for period IV is approximately 0 (i)Starting inventory for period I is greater than 0 (iii)There are back orders at the end of period II (iv)Hence, the correct group of answer is I, III, and IV (B).
Inventory in this case represents the amount of products stocked in a warehouse. In this case, the amount of inventory could be calculated by looking at the gap between the cummulative demand and cummulative output available.
When the cummulative output available is higher than the cummulative demand, there will be some outputs unsold and stored as inventory.
When the cummulative output available is lower than the cummulative demand, there will be some demands unable to meet by the output available. This condition is called as back orders.
Based on the graph below, we know that at the beginning of period I, there are some inventories left from the previous period. Hence, the beginning inventory of period I is greater than 0.
However, along with period I comes along, the amount of cummulative demand raises faster than the cummulative output available. This condition leads to decreasing inventory during period I.
This condition happened until the period III. The low growth of cummulative output available will leads to back orders when some of cummulative demands are unable to meet by the company. This back orders happen for most of period II.
The cummulative output available then grows back faster in period III and meets with the cummulative demand at around similar poit in period IV. When the cummulative demand and cummulative output available meets, we could expect that all output available would be sold and no inventory would be left in this period.
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TRUE/FALSE. evidence is used to a decision whenever the decision process combines hard, objective facts with qualitative inputs
When a decision-making process mixes hard, objective facts with qualitative inputs, it uses TRUE evidence.
What function does evidence have in making decisions?Making better decisions and guiding actions that have the desired effect are the goals of evidence-based practice. The finest available evidence and critical thinking are the foundations of an evidence-based approach to decision-making.
What is decision-making supported by facts?Fact-based decision making is a disciplined process that calls for careful consideration before processes and procedures are evaluated in order to gather the right data and then have unbiased, nonjudgmental analysis to extract those facts that are crucial for making decisions and predicting the future.
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ePage(s) 351-352 11.1. What is price discrimination? Match each type of market to its welfare effect. maximizes benefits to consumers perfectly competitive maximizes benefits to producers perfect price discrimination creates inefficiency monopolist that charges a single price
Price discrimination is defined as the strategy of charging different prices to different consumers for the same product based on their willingness to pay.
What is price discrimination?The practice of charging varying rates to customers for the same goods depending on their willingness to pay is known as price discrimination. Price discrimination is a marketing strategy whereby vendors charge customers different prices for the same commodity or service depending on what they think will win the customer over. The greatest price imaginable will be charged to each consumer by a business that engages in pure price discrimination.
Pricing discrimination is a practice where businesses charge different prices to customers based on how much money they are willing to spend. For instance, various pricing is commonly offered at theaters for adults, seniors, and kids. They also have promotions for particular days of the week.
Type of market - Welfare effect.
maximizes benefits to consumers - perfect price discrimination
maximizes benefits to producers - perfectly competitive
monopolist that charges a single - price creates inefficiency
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antonio supervises six graphic designers. if he intends to fill a senior graphic designer position with one of these six people, he will use to identify his job candidates.
Antonio supervises six graphic designers. If he intends to fill a senior graphic designer position with one of these six people, he will use Internal recruiting to identify his job candidates.
Graphic design is a profession, academic discipline, and applied art in which visual communications are projected in order to transmit specific messages to social groups with specific goals. Graphic design is an interdisciplinary design and fine arts field.
Its practise entails using manual or digital tools to express creativity, innovation, and lateral thinking, where text and graphics are commonly used to communicate visually. The graphic designer's role in the communication process is that of message encoder or interpreter.
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state insurance regulators conduct claim audits to ensure
State insurance regulators conduct claim audits to ensure fair claim settlement practices which is therefore denoted as option B.
What is Claim audit?This is done by a claim auditor who works in an insurance company and is responsible for determining if the services or items claimed for payment were the same as what the beneficiary received during reimbursement.
This is usually done by analyzing various aspects of the claims submitted by policyholders so as to ensure that the right amount is paid on other to prevent any form of injustice to the parties involved.
State insurance regulators are also involved in the conduct claim audits to ensure fair claim settlement practices as this helps to prevent any form of issues and sanctions by the regulating body.
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The options are:
A. Fair and appropriate pricing.
B. Fair claim settlement practices.
C. Equal workloads of claim representatives.
D. Compliance with reinsurance treaties.
Jane, who works in sales for her firm, has learned about her customer during the prequalification stage, but now she must conduct additional research and develop plans for meeting her customer. In the past, she would have maintained this information manually, but today she is able to access such information through her company's
Select one:
A.customer relationship management system.
B.customer response management system.
C.indirect marketing system.
D.direct marketing system.
E.B2B selling system.
Jane, who works in sales for her firm, learned about her customer during the prequalification stage, but now she must conduct additional research and develop plans for meeting her customer. In the past, she would have maintained this information manually, but today she is able to access such information through her company's customer relationship management system. Option A
What is a customer relationship management system?Generally, All of the information that has been gathered about the customer is compiled, linked together, and analyzed by a CRM system.
This includes the client's contact information, as well as their interactions with business representatives, purchases, service requests, assets, and bids or offers. After that, the system gives users access to that data and the ability to comprehend what transpired at each touchpoint.
HubSpot. HubSpot is a customer relationship management (CRM) platform, which means it keeps tabs on client interactions and helps streamline marketing, sales, and service operations.
HubSpot is an excellent choice for any company that is growing (regardless of whether it is a small, medium, or enterprise-level company) as well as any team (such as marketing, sales, customer service, operations, or C-suite).
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sodexo, a leading food and facilities management services company in north america, deals primarily in the areas of serving
Sodexo, a leading food and facilities management services company in North America, deals primarily in the areas of serving corporate facilities management services.
What is Sodexo?Sodexo is company based in North America serving 100 million customers per day in 53 countries by means of special food cuisine, facilities management, employee benefits, and personal home services.
Some of the major services provided by Sodexo are Corporate facilities management services, Food delivering at work & business catering, employee and guest services such as visitor and concierge services, digital transformation services for corporate, social responsibilities services.
Thus Sodexo group is a leading service provider in food and facilities management services company in North America.
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the first course in the career navigation courses is:
You alone have the ability to develop your career. By finishing this trio of courses, you can take charge of your future while boosting your confidence.
What is navigation in a career?the awareness of internal elements that affect professional decisions and the capacity to consciously investigate and advance your career.
What are skills for navigating a career?Being able to steer your practice in new and better directions if necessary, or alternatively, to negotiate to maximize the potential of your current position, requires flexibility and confidence. Effective career navigation requires developing a keen sense of where you currently stand in key areas of job satisfaction.
Is it challenging to access WP Carey?A high school class ranking in the top 8% and an ACT composite score of 25. ASU competence courses must have a cumulative high school GPA of 3.4 (4.00 = A) or higher in order to be admitted before the Fall 2020 semester.
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which of the following, by definition, allows you to buy stocks, bonds, and other assets with borrowed money?
Based on the description in the question and the business investment analysis, the definition that allows you to buy stocks, bonds, and other assets with borrowed money is Margin Account
What is a Margin AccountMargin Account is a term in investment and business operations that are used to describe the capacity to buy stocks, bonds, and other assets with borrowed money.
Generally, the Margin Account is used because they involve borrowing, and is only reserved for wealthy clients who have both a high credit rating and a high-risk tolerance.
Features of Margin AccountIt allows the trader to trade other financial productsIt increases the profit and loss potential of the trader's capital.Hence, in this case, it is concluded that Margin Account is a good account to hold when it comes to an investment as it helps the investors to maximize their profits.
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If the GDP deflator rises from 185 to 190, what is the rate of inflation between the two years?
A. 270%
B. 50%
C. 5%
D. 2.7%
in 2018, __________ million americans are expected to purchase something online.
In 2018, 189 million Americans are expected to purchase something online.
What is online purchasing?Through the use of a web browser or a mobile app, customers can directly purchase products or services from sellers through the Internet through online shopping.
E-commerce is the practice of purchasing or offering goods or services online. A growing number of people choose to purchase online since it is quick and simple. Online sales are one type of e-commerce activity that can target either consumers or other businesses.
These elements include perceived risk, perceived usefulness, perceived risk of use, perceived ease of use, impact of website design, economic factor, product availability, and customer satisfaction.
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what refers to how well a system can adapt to increased demands?
The ability of an organization to adapt to changing workloads or market demands is referred to as scalability. Scalable businesses may quickly grow output to meet demand while also benefiting from economies of scale.
What does the capacity to start a system entail?An identical copy of a system's data is a backup; getting a system back up and running after a failure or crash is recovery.
What phrase describes the resources of a computer system being available whenever needed?Cloud computing is, in a nutshell, the on-demand availability of computer system resources, particularly data storage (cloud storage) and computational power, without direct active supervision by the user.
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Answer:
Explanation:
scalability
which of the following line items would be found on a statement of stockholders' equity that would not be on the statement of retained earnings? (select all that apply.)
The line items would be found on a statement of stockholders' equity that would not be on the statement of retained earnings is
a) Additional Paid-in capital
c) Common Stock
e) Treasury Stock
What are retained earnings?After subtracting dividends, retained earnings are the total net profits or profit of the company. Retained Earnings is a word used to indicate a company's previous profits that haven't been distributed as dividends.
Previously issued stock that has been purchased by the issuing business from stockholders is referred to as treasury stock. One type of security is common stock, which is a way to own business shares. The words "voting share" and "ordinary share" are also often used.
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The complete question is probably
Which of the following line items would be found on a statement of stockholders' equity that would not be on the statement of retained earnings?
a) Additional Paid-in Capital
b) Dividends Payable
c) Common Stock
d) Dividends
e) Treasury Stock
f) Net Income
proceeds from notes payable on january 26, nyree co. borrowed cash from conrad bank by issuing a 45-day note with a face amount of $300,000. assume 360 days in a year. a. determine the proceeds of the note, assuming the note carries an interest rate of 6%. fill in the blank 1 of 2$ b. determine the proceeds of the note, assuming the note is discounted at 6%. fill in the blank 2 of 2$
The net proceeds from notes-payable will be $2,250, considering its face value and interest rate as well as time period.
Calculation:
Notes -payable face value = $300,000
Time period for which it is issued = 45 days
Interest rate = 6%
Proceeds from the notes payable = $300,000*6%*60/360 = $2,250
Written promissory notes are known as notes payable. A borrower receives a certain amount of funds from a lender under this arrangement and agrees to pay it back over a predetermined amount of time. The interest rate may be set for the duration of the note or it may change in accordance with the interest rate the lender charges its most valuable clients (known as the prime rate). In contrast to an account payable, which requires the payment of both interest and a promissory note, this is different.
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If a consumer places a value of $15 on a particular good and if the price of the good is $17, then the.
If a consumer places a value of $15 on a particular good and if the price of the good is $17, then the consumer does not purchase the good.
In behavioral economics, willingness to pay (WTP) refers to the maximum price at or below that a consumer will definitely pay to purchase one unit of a particular good. It corresponds to the standard economic view of a consumer reservation price or the value a customer places on the product. Some economists conceptualize WTP as a range rather than a single price. Hence, if a price of product is above the price range that the consumer is willing to pay, it is highly likely that consumer will not purchase the product or service. As the price of the good $17 is higher that the perceived price value of the good $15, the consumer does not purchase the good.
Note: The question is incomplete and probably the complete question is: If a consumer places a value of $15 on a particular good and the price of the good is $17, then the: a. consumer has a consumer surplus of $2 if he or she buys the good. b. consumer does not purchase the good. c. market is not a competitive market. d. price of the good will fall due to market forces.
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When the bookkeeper or accountant has a choice between two acceptable alternatives, they should choose the one that will report less profit, less asset amount, or a greater liability amount. This is based upon which assumption/principle?
When the bookkeeper or accountant has a choice between two acceptable alternatives, they should choose the one that will report less profit, less asset amount, or a greater liability amount. This is based upon Conservatism principle.
A person who does accounting or accountancy is called an accountant. Accountants may use titles like "Chartered Accountant," "Certified Public Accountant," or "Registered Public Accountant" after passing certification tests offered by respective professional organizations.
These experts may be held accountable for professional wrongdoing and are given specific duties by legislation, such as the authority to certify an organization's financial accounts. Non-qualified accountants have no legal rights or duties and are free to operate independently or in the employ of a competent accountant. An accountant may work for a company that regularly needs accounting services or they may be a member of an accounting firm that offers accounting consulting services to other companies.
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KNOWLEDGE CHECK This chart shows the output gap in the U.S. from 1949 to 1973, What was the output gap in 1973? -80 -3.2% +160 +3.0% Click to open/close chart < PREV S ? stes on-making < > Potential GDP and Output Gap Index GP Related functions Menu Message t o CBOPGDPR 20823.20 As of 12/31/26 Billions Congressional Budget Office Potential R... Congressional Budget Office CBOPGDPR Index 99 Compare 90 Actions - 90 Edit Line Chart 03/31/1949 - 12/31/1973 1D 3D IM 6 YTD 1Y SY Max Quarterly Table << Security/Study. Event o U.S. potential GDP ($B) U.S. actual GDP ($B) Track And ap. Part 2 ap. Part 3 wheck est rate estim... 7 5 9
The output gap for the year 1973 is given as +3.0%
What is the output gap?The formula for the output gap is
actual GDP - potential GDP / potential GDP
The difference between real GDP or actual output and prospective GDP is known as the GDP gap or the output gap, and it is used to measure the current economic situation relative to the business cycle. Macroeconomic policy mostly on the output gap measurement.
The difference between an economy's actual and potential output is measured economically as the "output gap." The maximum amount of products and services that an economy can produce at its peak efficiency, or when it is operating at capacity, is known as potential output.
From the image that we have here, we have
actual GDP = 5292.4
potential GDP = 5550.9
5292.4 - 5550.9 / 5550.9
= -4.65%
Then the output gap is given as -4.65%
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a customer recently switched apartment units and is upset he hasn't receiving his mail he asks if you can give it to him now but you're not supposed to until he files a change of address form
The answers using logical reasoning are:
Most likely: Tell him that even though you understand it's annoying, you have to deliver to the location shown on the envelope. Offer to walk them through setting up the mail forwarding.
Least likely: The least likely course of action is to explain that you cannot forward mail without a form because there is no way to confirm that he is telling the truth about his address change.
Deductive reasoning, often known as logical reasoning, is the process of drawing conclusions from a body of facts or evidence.
It involves putting specific premises in front of conclusions.
Example: "When it rains, everything outside becomes soggy.
The grass gets wet when it rains because it is outside."
This type of reasoning is commonly contrasted with both philosophical and mathematical logic.
Most likely: Tell him that although you realize it's frustrating, you must deliver to the address indicated on the envelope. Offer to assist them through the mail forwarding setup.
Least likely: The least likely option is to explain that without a form, you have no method of verifying that he is being truthful about his address change and hence cannot forward mail.
Therefore, the answers using logical reasoning are:
Most likely: Tell him that even though you understand it's annoying, you have to deliver to the location shown on the envelope. Offer to walk them through setting up the mail forwarding.
Least likely: The least likely course of action is to explain that you cannot forward mail without a form because there is no way to confirm that he is telling the truth about his address change.
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Complete question:
A customer recently switched apartment units and is upset he hasn't been receiving his mail. he asks if you can give it to him, but you're not supposed to until he files a change of address form. What would you most and least likely do?
in the current year, susan sold an antique that she bought 6 years ago to display in her home. susan paid $800 for the antique and sold it for $1,400. susan chose to use the proceeds to pay a court-ordered judgment. the $600 gain that susan realized on the sale of the antique should be treated as ordinary income. long-term capital gain. an involuntary conversion. a nontaxable transaction.
Gain that Susan realized on the sale of the antique should be treated as long-term capital gain.
What is capital ?In economics, capital goods or capital are "permanently produced commodities that are in turn used as productive inputs for further production" of goods and services. At the macro level, "a country's capital stock includes buildings, equipment, software and supplies in a given year."Capital is a broad term for anything that gives value or utility to its owner. For example: Factories and their machinery, intellectual property such as patents, or financial assets of companies and individuals.Equity can be any financial asset used. Money earned from ongoing activities is reported as capital on the company's balance sheet. Some examples are money in bank accounts, money from the sale of stocks, and money from the sale of bonds.To learn more about capital from the given link :
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