Answer:
Indexed.
Explanation:
Indexing is the adjustment of amounts of money to an index figure. This often involves adjustment to inflation so that the real amount remains the same, that is, it continues to represent the same average purchasing power. For example, inflation is measured by the consumer price index. This is a weighted average price index of the average household. Indexation can, for example, apply to wages, pensions, social security, housing rent, alimony, tax credits and fines.
1. Most financial crises in the United States have begun with A. a steep stock market decline. B. an increase in uncertainty resulting from the failure of a major firm. C. a steep decline in interest rates. D. all of the above. E. only A and B of the above.
Answer:
d
Explanation:
Pat can either drive to work, which takes half an hour and uses $1.50 worth of gas, or take the bus, which takes an hour and costs $1.00. How should Pat get to work?
Answer:
pat should drive if saving half an hour is worth $0.50 or more
Explanation:
Marginal cost is the additional cost generated by producing an additional unit of output.
Marginal cost of taking the bus = 1 / 2 = 0.50
Marginal utility is the additional utility derived from consuming one more unit of a good
Marginal utility per good = marginal utility / price of the good
Pat should take the action that would yield him the highest utility given the marginal cost
So,pat should drive if saving half an hour is worth $0.50 or more
Journal entry
Paid Rs. 28000 to Sansee stores in full settlement of Rs. 30000 by cheque
please help me .
Answer:
Bank A/c. Dr. 28000
Discount allowed A/c. Dr. 500
To Urmila A/c. 28500
Smith Company produces and sells one product for $40 per unit. The company has no beginning inventories. Its variable manufacturing cost per unit is $18 and the variable selling and administrative expense per unit is $4. The fixed manufacturing overhead and fixed selling and administrative expense total $80,000 and $20,000, respectively. If Smith Company produces 8,000 units and sells 7,500 units during the year, then its net operating income under variable costing would be
Answer:
$35,000
Explanation:
net operating income under variable costing would be calculated by preparing income statement under variable costing.
Smith Company
income statement under variable costing system
Sales (7,500 x $40) $300,000
Less Cost of Sales (7,500 x $18) ($135,000)
Contribution $165,000
Less Expenses
selling and administrative expense ($4 x 7,500) ($30,000)
fixed overheads :
manufacturing ($80,000)
selling and administrative expense ($20,000)
Net Income $35,000
Derrick has accepted a job in another state. His wife, who is not employed, is not happy about moving but doesn't have a choice. This is an example of:
Answer: A Fate control
Explanation:
Fate control is used to describe a situation where one person controls how the life of another person will go or rather their fate. This is very prevalent in relationships where a person is the sole breadwinner or in relationships where a person is the legal guardian of another.
The breadwinner or the guardian has fate control over those depending on them. In this case, Derrick has fate control over his wife as his activities such as taking a job in another state, dictate what his wife is to do which is to follow him to that state.
Bindy, an 18-year-old high school graduate, and Luciana, a 40-year-old college graduate, just purchased identical hot new sports cars. Acme Insurance charges a higher rate to insure Bindy than Luciana. This practice is an example of:
Answer: Price discrimination
Explanation:
Price discrimination refers to a practice where different consumers are charged varying prices based on certain demographic factors.
This practice is very prevalent in insurance due to the various risks that different demographical populations provide. In this instance for instance, the 18 year old is charged higher because young people are known to be more rash when driving owing to them having less experience and being more prone to act impulsively which can lead to accidents.
Margo is purchasing a home for $520,000. The property appraised at $550,000 and Margo is financing $416,000. What's the loan-to-value ratio
Answer:
Loan-to-value ratio = 0.8
Explanation:
Given information:
Purchase cost of house = $520,000
Property appraised value (House value) = $550,000
Margo finance (Loan amount) = $416,000
Find;
Loan-to-value ratio
Computation:
Loan-to-value ratio = Loan value / Purchase cost
Loan-to-value ratio = Margo finance (Loan amount) / Purchase cost of house
Loan-to-value ratio = 416,000 / 520,000
Loan-to-value ratio = 0.8
On March 31, the end of the first month of operations, Barnard Inc. manufactured 15,000 units and sold 12,000 units. The following income statement was prepared, based on the variable costing concept: Barnard Inc. Variable Costing Income Statement For the Year Ended March 31, 20Y1 Sales $2,160,000 Variable cost of goods sold: Variable cost of goods manufactured $1,620,000 Inventory, March 31 (324,000) Total variable cost of goods sold (1,296,000) Manufacturing margin $864,000 Total variable selling and administrative expenses (96,000) Contribution margin $768,000 Fixed costs: Fixed manufacturing costs $210,000 Fixed selling and administrative expenses 45,000 Total fixed costs (255,000) Operating income $513,000 Determine the unit cost of goods manufactured, based on (a) the variable costing concept and (b) the absorption costing concept.
Answer and Explanation:
The computation of the unit cost of goods manufactured is shown below:
Particulars variable costing absorption costing
variable cost of $108 $108
goods manufactured ($1,620,000 ÷ 15,000)
Fixed manufacturing
cost $14
($210,000 ÷ 15,000)
unit cost of goods
manufactured $108 $122
Although monetary policy cannot reduce the natural rate of unemployment, other types of government policies can. a. True b. False
Answer:
False
EXPLANATION:
In a closed economy, if Y remained the same, but G rose, T rose by the same amount as G, and C fell but by less than the increase in T, what would happen to private and national saving
Answer:
private saving would rise and national saving falls
Explanation:
private saving is income - consumptiioon= Y-C
if consumption c falls, private saving is going ton rise
public saving is T-G
as G goes up, T-G which is public saving would reduce or fall.
Given that the fall in c is smaller than the rise in G, the rise in private saving would smaller than the fall in public saving.
national saving is change in private saving + change in public saving
given that change in private saving is less than that of public saving, national saving would be negative.
A mortgage with low initial payments that increase over time without ever leveling off is a graduated payment mortgage. growing-equity mortgage. second mortgage. shared-appreciation mortgage. equity line of credit
Answer:
growing-equity mortgage
Explanation:
When a person obtains a growing equity mortgage, they have to pay a higher monthly payment every month. These increases must be included in the mortgage contract and they are beneficial if the borrower's income is expected to increase in the future. The interest rate remains the same, it doesn't change.
what are the types of cheque
Answer:
Bearer Cheque.
Order Cheque.
Crossed Cheque.
Open Cheque.
Post-Dated Cheque.
Ante Dated Cheque.
Stale Cheque.
Traveler's Cheque.
Answer:
hey mate plz mark it as brainliest
Explanation:
Bearer Cheque.
Order Cheque.
Crossed Cheque.
Open cheque.
Post-Dated Cheque.
Stale Cheque.
Traveller's Cheque.
Self Cheque.
PLEASE HELP!
Question: Give an example of a patent in business.
Answer:
Examples of inventions protected by utility patents are a microwave oven, genetically engineered bacteria for cleaning up oil spills, a computerized method of running cash management accounts, and a method for curing rubber.
Explanation:
Please Mark me brainliest
If the two countries have the same amount of resources and the same technological knowledge, which country has an absolute advantage in the production of popsicles
Answer:neither does
Explanation:
Earline rented a drilling machine from Quatero Rental Corp. While Earline was drilling as instructed by the product manual, the drill bit snapped and injured her seriously. A thorough examination of the broken drill bit showed that it had a flaw that caused it to snap under intense heat or pressure. Under these circumstances, Quatero will _____.
Answer:
The options are
A. be held liable for Earline's injuries because a bailment for the sole benefit of the bailee was created
B.be held liable for Earline's injuries if it knew of the flaw in the drilling machine when it rented it to Earline, but failed to warn her of the defect
C.not be held liable for Earline's injuries because both Quatero and Earline share mutual benefits from the bailment
D.not be held liable for Earline's injuries because it is a private contract carrier and is held to a lower level of responsibility
The Answer is B. be held liable for Earline's injuries if it knew of the flaw in the drilling machine when it rented it to Earline, but failed to warn her of the defect
The drilling machine having a fault and Quatero Rental Corp. being aware of it and not telling Earline about it means the company is at fault and will be held liable for any form of injury or death it poses. This is because it’s their responsibility to ensure goods and services being rendered are safe for use and consumption and it applies to all companies.
A manufacturing firm produces goods in accordance with customer specifications, commencing production upon receipt of a purchase order. To accumulate the cost of each order, the company would use a:
Answer:
Job Cost Card/ Record
Explanation:
A Job cost record accounts for all costs related to the job or order. It is unique to specific order. Therefore, this is a useful tool to deal with situations where firms produce in accordance with customer specifications.
Required-: JOURNAL ENTRY (ACCOUNT)
Paid Rs. 28,000 to Sansee stores in fullsettlement of Rs. 30,000 by cheque please help Me with this. I'm still confused in it.
- Hey there , ronisha!
Answer:
[tex] \large{ \tt{SEE \: THE \: ATTACHED \: PICTURE}}[/tex]
[tex] \large{ \tt{E \: X \: P \: L \: A \: N \: A \: T \: I \: O \: N}} : [/tex]
Full settlement generally means DISCOUNT ALLOWED. Firstly , Read out the question and try to understand. It says we purchased some stuffs of Rs 30000 from the sansee stores and we payed Rs 28000 in full settlement which implies that we received the discount of Rs 30000-28000 i.e Rs 2000. You must have known the rules for debit and credit. As we know In case of personal account , Debit : The receiver , We have sansee stores as the receiver so we placed it in debit side. Remember: When the question says that the cash is payed through cheque , you should always consider cheque as a bank. Now , In the case of personal account , Credit : The giver. Who's the giver? Of course , bank! So , we placed it in credit side. Now , In case of nominal account , Credit : the incomes or gains . The question says we received the discount so obviously it's not expenses. So, We placed discount received in credit side. You must have studied that Every debit should have equal credit. And we're done!- Hope this helps! Please let me know if you have any questions regarding my answer and also don't hesitate to reach out to me if you need any other help! :)
Gershwin Wallcovering Inc. shipped the wrong shade of paint to a customer. The customer agreed to keep the paint upon being offered a 15% price reduction. The price reduction is an example of a:
Answer:
Sales allowance.
Explanation:
From the question we are informed about Gershwin Wallcovering Inc. shipped the wrong shade of paint to a customer. The customer agreed to keep the paint upon being offered a 15% price reduction. In this case, The price reduction is an example of a Sales allowance.
Sales allowance can be regarded as a reduction in the price that was charged by a seller, this reduction usually occur due to a problem with the product or service that is been sold. The problem could be incorrect price as well as quality problem or short shipment.
An individual reports the following capital transactions in the current year: Short-term capital gain $ 1,000 Short-term capital loss 11,000 Long-term capital gain 10,000 Long-term capital loss 6,000 What amount is deducted in arriving at adjusted gross income
Answer: $6000
Explanation:
The amount that is deducted in arriving at adjusted gross income will be calculated thus:
Short term capital gain = $1000
Less: Short term capital loss = $11000
Net short term loss = -$10000
Long term capital gain = $10000
Less: Long term capital loss = $6000
Net long term gain = $4000
Then, the amount that is deducted in arriving at adjusted gross income will be:
= $10000 - $4000 = $6000
A company is considering two investment projects. Both have an initial cost of $50,000. One project has even cash flows and the other uneven cash flows. Which evaluation method would be most appropriate
Answer:
Net present value
Explanation:
From the question we are informed about A company who is considering two investment projects. Both have an initial cost of $50,000. One project has even cash flows and the other uneven cash flows. The appropriate evaluation method would be Net present value.
Net present value (NPV) can be regarded as difference that exist between the present cash outflows value as well as present cash inflows value in particular period of time. NPV can be engaged in capital budgeting as well as investment planning so that the profitability of a projected investment as well as a project can be analysed.
You are working several plans and community organizations to sponsor an educational event. When putting together advertisements for this event, what should you do
Answer: Ensure that the advertisements indicate it is an educational event
Explanation:
Defining an advert and tailoring it's message to the exact plan you want is really important. where this can be implemented well is with the contents the advert is done. The content drives home the message, if the content is not designed to meet what you want or it's target audience well, it would drive a different message.
When putting together advertisements for this event, you should ensure that the advertisements indicate it is an educational event unless it would be seen as a marketing program, you can ensure this by the content through the content displayed
A proposed area rezoning amendment will change land use from residential to manufacturing. Several homes are already located within the area proposed for rezoning. If the current zoning is amended, the residences will probably
Answer:
Become a preexisting nonconforming use
Explanation:
Zoning
This is simply defined as a known form of work or exercise of power which is in relation to the health, safety, welfare, and morals of the public and cannot be unreasonable or arbitrary .
The reason for zoning is territorial division that is in line with the character of the lands and structures and their unique usefulness for particular uses, and uniformity of use within the division.
Rezoning
This is simply defined as the altering (changing) the zoning classification to allow new and for different uses. It can be said to be adminstrative or legislative.
Zoning Challenges includes:
1) It does not conform to General Plan
2) There is no authority to regulate
3) Spot Zoning
4) Contract Zoning & Development Agreements etc.
Pre-existing Legal/Nonconforming Uses
The Pre-existing legal uses of land is said to be valid after a zoning change. Non-conforming uses may be iincreased or intensified only if they highly/adversely affect the community. They cannot be enlarged or changed.
Bonita Manufacturing uses a flexible budget. It has the following budgeted manufacturing costs for 24700 pairs of shoes: Fixed Manufacturing Costs, $12300 and Variable Manufacturing Costs, $14.00 per pair of shoes. If Bonita Manufacturing makes 20900 pairs of shoes this month, what are the total budgeted manufacturing costs for the month
Answer:
the total budgeted manufacturing cost is $292,600
Explanation:
The computation of the total budgeted manufacturing cost is shown below;
Total Budgeted Costs = Fixed Costs + Variable costs
= $12,300 + $292,600
= $304,900
Total Variable costs = Variable Cost Per Unit × Activity Level
= $14 × 20,900
= $292,600
Hence, the total budgeted manufacturing cost is $292,600
1. Compare and contrast brokers and agents with merchant wholesalers. 2. Discuss the major public relations tools and the roles played by the internet and social media. 3. Find three examples of advertisements that incorporate socially responsible marketing in their messages. Some companies are criticized for exploring social issues or organizations by promoting them for their own gain. Do the examples you found do that
Answer:
One is owner and the other provides services.
Explanation:
The main difference between brokers and merchant wholesalers is that Merchant wholesalers buy products from manufacturers and sell to other shopkeepers while on the other hand, Agents and brokers are the people who provide buying and selling services. between sellers and buyers as they receive commissions according to their sales and don't buy products directly from manufacturer. Interaction between people, communication and education are the major roles played by the internet and social media.
If the quantity of financial capital supplied is equal to the quantity of financial capital demanded then, the national savings and investment identity is written as (M - X) - S
Answer:
False
Explanation:
If the quantity of financial capital supplied is equal to the quantity of financial capital demanded then, the national savings and investment identity is written as S + (M - X) = I + (G - T)
Where S = Private sector saving.
I= Private sector investment.
G= Government spending.
T=Government income, i.e. tax.
X =Exports.
M=Imports.
For _______ employment, the public policy exception prohibits employers from firing employees engaged in activities that further public interest.
Answer:
public policy exceptions
Explanation:
In public policy exceptions, employers are prohibited from terminating employees who participate in activities that benefit the public good. Serving on a jury, completing military service, filing for or testifying at hearings for workers' compensation claims, and whistle-blowing are all examples of protected actions that differ by state.
Sun Petroleum Corp. recently moved its operations from Galveston, Texas, to Somalia. The decision to move was the result of new federal regulations regarding clean air standards that all petroleum corporations are subjected to. A critic of globalization would say this example demonstrates what concern
Answer:
Facilities in advanced nations are moving to less developed countries that have lower environmental regulations.
Explanation:
The move from Texas to Somalia seem to be one which aimed at allowing the company to operate under less strict regulations especially legislations regarding environmental pollution and degradation owing to ozone layer depletion and climate change resulting from high carbon emission. Petroleum processing generates a lot of carbon and strict federal regulations have been established in other to control emission in most developed countries such as Texas where Sum petroleum operates. Therefore Sun petroleum's move to Somalia will be seen as one which is aided by the company's desire to operate under less strict environmental guidelines.
Andrew found a stone in his yard and took it to Brad, a jeweler, for evaluation. Although Brad knew what the stone was, he told Andrew that he wasn't sure as to the nature of the stone, but that he thought it was a saphire. Brad then offered to buy the stone for $50 and Andrew agreed. Later Andrew found out the stone was an uncut blue diamond worth about $10,000. The sale:
Answer: c. can be voided based upon fraud in the inducement .
Explanation:
Brad knew exactly what kind of stone it was that Andrew had and yet proceeded to lie about it in order to induce a sale at a much lower price than the actual worth of the jewel .
The contract is therefore voidable because the Brad committed fraud by lying and obtaining the diamond at $50 under false pretenses. Andrew should therefore drag him to the Courts of law to face justice.
four advantages and disadvantages of migration in economics
Answer:
I think Immigration can give substantial economic benefits – a more flexible labour market, greater skills base, increased demand and a greater diversity of innovation. However, immigration is also controversial. It is argued immigration can cause issues of overcrowding, congestion, and extra pressure on public services.
Hope this help you!:)
Question Mode Fill in the Blank Question Fill in the blank question. The ABC Company had its highest level of production in May when they produced 4,000 units at a total cost of $110,000 and its lowest level of production in November when they produced 2,500 units at a total cost of $87,500. Using the high-low method, the estimated fixed costs are $ .
Answer:
Results are below.
Explanation:
To calculate the fixed cost under the high-low method, we need to use the following formulas:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (110,000 - 87,500) / (4,000 - 2,500)
Variable cost per unit= $15
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 110,000 - (15*4,000)
Fixed costs= $50,000
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 87,500 - (2,500*15)
Fixed costs= $50,000
