Answers
Answer: They will be losing money because there company borrowed 25,000$ and lost about 7-8%
Explanation:
Related Questions
In a statistics examination the mean score was 78 and the standard deviation was 10
(a) Determine the standard score of two students whose grade were 93 and 62 , respectively.
(b) Determine the grades of two students whose standard score was -0.6 and 1.2 respectively.
Answers
Answer:
a) determine the standard score of two students whose grade were 93 and 62 respectively
Kyei weighed half the total weight of his two brothers. his two brothers be weighed 44 1/2kg and 32 1/2kg.what was kyei's weight
Answers
Answer:
Kyei's weight = 38.5 kg
Explanation:
Given:
Kyei's brother's weight = 44.55 kg and 32.5 kg
Find:
Kyei's weight.
Computation:
⇒ Kyei's weight = Sum of Kyei's brother's weight / 2
⇒ Kyei's weight = [44.5 + 32.5] / 2
⇒ Kyei's weight = [77] / 2
⇒ Kyei's weight = 38.5 kg
Laura’s husband died in a car accident. When she turns 67, she will receive her husband’s __1___. Her children will also receive the same until they ___2___ .
1. 401k account
social security benefits
certificate of deposit
2. gradute from high school
retire
become employed
this is on plato
i will give brainliest
Answers
Answer:
1. social security benefit
2.retire
Blake eats two bags of potato chips each day. Blake's hourly wage increases from $8 to $15, and he decides to stop eating generic chips and instead eats a name brand potato chip. Use the midpoint method to calculate Blake's income elasticity of demand for generic potato chips Round your answer to 2 decimal places.The good isa. a normal good and income-elasticb. a normal good and income-inelasticc. an inferior good
Answers
Answer:
The correct answer is option (c) good is an inferior good.
Explanation:
Solution
Given that:
Blake's hourly wage increases form = $8 to $15
Now,
By using the midpoint method we compute Blake's income elasticity of demand for generic potato chips which is given below:
Income elasticity of demand =(Y₁ +Y₂)/(Q₁+Q₂) * (Q₂-Q₁)/ (Y₁ - Y₂)
Thus,
Y₁ =8
Y₂ = 15
Q₁ = 2
Q₂ = 0
So,
Income Ed =23/2x - 2/7
= -46/14
=- 3.28
Therefore, the increase in income decreases demand of generic potato chips. this shows negative income effect which implies that good is inferior in nature.
Answer:
Price elasticity= 2.875
The good is an inferior good
Explanation:
Elasticity of demand is defined as the sensitivity of quantity demanded to changes in price of a particular commodity.
Midpoint method is used to determine elasticity between two prices. Change in quantity and price are divided by the average of each.
Price elasticity= {Q1 ÷ (Q2 + Q1)/2} ÷ {P1 ÷ (P1 + P2)/2}
Average quantity = (2 + 0) ÷ 2= 1
Average price= (8 + 15) ÷ 2 = $11.5
Price elasticity= (2 ÷ 1) ÷ (8 ÷ 11.5)
Price elasticity= 2 ÷ 0.6957 = 2.875
The good is an inferior good
An inferior good is one that demand falls as income of the buyer increases.
In this case an increase in income from $8 to $15 resulted in a fall in demand from 2 to 0
what are the objectives of the public sector?
Answers
Answer:
1. To prevent concentration of economic power and growth of private monopolies.
2. To also help the Government to enforce social control on trade and industry for ensuring equitable distribution of goods and services.
How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%?a. $438.03b. $461.08c. $485.35d. $510.89e. $537.78
Answers
Answer:
The present value is $537.78
Explanation:
Given
[tex]Future\ Value\ (FV) = \$20,000\\Time (T) = 50\ Years\\Discount\ Rate\ (R)= 7.5\%[/tex]
Required
The Present Value(I)
To calculate the present value, we simply apply the formula for future value;
[tex]FV = I *(1 + R)^T[/tex]
Substitute 20,000 for FV; 50 for T and 7.5% for R;
This gives
[tex]20,000 = I *(1 + 7.5\%)^{50}[/tex]
Convert percent to decimal
[tex]20,000 = I *(1 + 0.075)^{50}[/tex]
[tex]20,000 = I *(1.075)^{50}[/tex]
[tex]20,000 = I *37.19[/tex]
Divide both sides by 37.19
[tex]\frac{20,000}{37.19} = \frac{I *37.19}{37.19}[/tex]
[tex]\frac{20,000}{37.19} = I[/tex]
[tex]537.778 = I[/tex]
[tex]I = 547.78\ (Approximated)[/tex]
Hence, the present value is $537.78
Billy Longstreet bought a new car and was a bit uncertain about whether or not he had done the right thing. Two days after he purchased it, he decided to take it back to the dealer for installation of some additional optional equipment. When Billy returned to the dealership to pick up the car after the installation, the salesman who sold Billy the car said, "You know, in the last two hours three different customers told me how much they liked the looks of your new car. One of them even wanted to know if it was for sale!" This attempt by the salesman to confirm the wisdom of Billy's purchase decision seems to be aimed at reducing:
Answers
Answer:
dissonance
Explanation:
Based on the information provided within the question it can be said that this attempt seemed to be aimed at reducing dissonance. This term refers to holds two or more contradictory beliefs, ideas, or values. Which in this scenario, the salesman makes this comment in order to see if Billy was satisfied and knew that his purchase was a good one. If Billy were to decide to sell the car to one of those interested buyers then it is likely because he does not know its value.
Is South Korea one of the fastest-growing Asian country
Answers
Answer:
yes, it is
Explanation:
It has one of the largest economies in the world
B) Answer the following questions.
1. Do you agree that business transaction is an economic transaction? Justify your answer
with TWO reasons.
Answers
Answer:
Yes, agree, business transactions are economic transactions. Two reasons why:
Profit motive: economic transactions have a profit motive: they are carried out and agreed upon between the two parties, because the parties feel that they will be better off after the transaction is completed. Business transactions are based on the profit motive.Things of value: goods and/or services, are exchanged between the parties. In business transactions, either a good (for example, an asset), or a service (for example, employees), is always exchanged.
Lily wants to build a business. She has very little capital. She does, however, have a partner with which she could run a business. Lily wants to be able to avoid being held personally liable for any problems the business has. Which of the following would lead Lily to choose a sole proprietorship organization for her business?
A. Little Capital
B. Avoidance of personal liability
C. Possession of a partner
D. None of the above
Answers
Analyse the implications to Mr Flake’s business if: In May and June Mr Flake fell ill and he had to pay somebody else £1200 a month to run the business as well as himself? Answer: He received 6 more party bookings for September?
Answers
Answer:
1. Paying somebody else and himself represent cash outflow.
2. Party bookings represents forecasted cash inflow.
Explanation:
Remember, a cash flow shows where money is coming from into the accounts of a business and where money goes to from the accounts of the business. Inflows represent credit transactions into the business account, while the outflows represents debit transactions to external sources.
Thus, paying somebody else £1200 a month to run the business as well as himself (Mr Flake) both represents outflow of cash from his ice-cream business. But the 6 more party bookings for September represents cash inflows since he will be receiving a pay from the clients.
Primare Corporation has provided the following data concerning last month’s manufacturing operations. Purchases of raw materials $ 32,000 Indirect materials included in manufacturing overhead $ 4,680 Direct labor $ 59,300 Manufacturing overhead applied to work in process $ 87,100 Underapplied overhead $ 4,100 Inventories Beginning Ending Raw materials $ 11,200 $ 20,000 Work in process $ 56,000 $ 68,500 Finished goods $ 34,900 $ 43,700 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold.
Answers
Answer and Explanation:
1. The Preparation of schedule of cost of goods manufactured for the month is prepared below:-
Primare Corporation
Schedule of Cost of Goods manufactured
Particulars Amount
Direct Materials:
Beginning Raw Material $11,200
Add: Raw Material purchases
during the month $32,000
Total Raw Material available $43,200
Less: Ending Raw material $20,000
Raw Material used in production $23,200
Less: Indirect Material included in
manufacturing Overhead $4,680 $18,520
Add: Direct labor $59,300
Add: Manufacturing overhead
applied to work in process $87,100
Total Manufacturing Costs $164,920
Add: Beginning Work In Process $56,000
Less: Ending Work in Process $68,500
Cost of Goods manufactured $152,420
2. The Preparation of schedule of cost of goods sold for the month is prepared below:-
Primare Corporation
Schedule of Cost of Goods Sold
Particulars Amount
Beginning finished Goods Inventory $34,900
Add: Cost of Goods Manufactured $152,420
Goods available for sale $187,320
Less: Finished Goods Inventory, Ending $43,700
Unadjusted cost of goods sold $143,620
Add: Under-applied Overhead $4,100
Cost of Goods Sold adjusted $147,720
(Under-applied overhead refers that there was less overhead applied that is Actual overheads are more than the overhead applied, thus adding to the cost of the goods sold)
Which statement best describes the role of a credit agency?
A. It tracks the use of credit for lenders.
B. It predicts future earning potential for lenders.
C. It teaches how to make smart financial decisions.
D. It shows how saving money makes financial sense.
I’m confused other people on here either answered A or B...I’m not sure which one it is :/
Answers
A. It tracks the use of credit for lenders.
Explanation:
I've taken the test already, I hope, me getting the answer wrong, will help others!
The correct answer is A. It tracks the use of credit for lenders.
Credit agencies, also known as credit rating agencies, help potential lenders and creditors determine whether to lend or extend credit to an individual or business, by predicting the likelihood that the borrower will repay the debt in a timely manner.
What is the main role of the three major credit reporting agencies?
Equifax, Experian and TransUnion are the three main consumer credit bureaus. They collect and store information about you that they use to generate your credit reports, which are used as the basis of your credit scores.
Learn more about credit agency here https://brainly.com/question/2784576
#SPJ2
Define Red Gross Society.
Answers
Answer:
did you mean red cross?
Explanation:
It is an international humanitarian organization established by Geneva Organization to provide medical care.
If a firm belives tht some of its debtors may default and it should act on this by making sure tht all possible losses are recorded in the books this is an example of which concept
Answers
Answer: Conservatism
Explanation: The conservatism concept can be ncept may be explained as an accounting principle which ensures that an organization tends to be very careful in handling its finances, with the conservatism concept, financial management often lean towards an approach which tends to play down future gains and concentrate more on potential chances of losses in the future. With such approach the organization tends to be very prudent in its financial management. In other words, conservatism shifts toward a tendency to understate its asset or income rather than overstate its asset.
A company in Maine sends lobsters to France What is Maine doing? Select three options
Answers
Answer:
Following are the answer to this question:
Explanation:
Some information is missing in the question. So, the correct choices can be described as follows:
i) practicing international trade
ii) exporting products
iii) participating in globalization
Maine has been globally traded because its, company transfers it's own goods at international frontiers when a client gives lobster with France in Maine. It exports products as its goods are manufactured in one nation, in this scenario the USA, is one other country, France in this case.Finally, it participates in the process of globalization because the company operates internationally by selling its products.Answer:
B. practicing international trade
C. exporting products
D. participating in globalization
General Mills began losing market share for Go-gurt when its biggest competitor began to focus on kids' yogurt. Which step of the market research process does this statement best correlate with?
a. Analayzing data
b. Data collection
c. Choosing the data collection method
d. Analyze and interpret the data
Answers
Answer:
b. Data collection
Explanation:
General Mills is only at the first stages of the market research process, which include: diagnosis of the problem, definition of the problem, and data collection.
General Mills has found that it's lost market share to its biggest competitor because the competitor decided to focus on a particular type of yogurt. This is Data collection.
Calculate Social Security taxes, Medicare taxes, and FIT for Jordon Barrett. He earns a monthly salary of $11,300. He is single and claims 1 deduction. Before this payroll, Barrett’s cumulative earnings were $128,070. (Social Security maximum is 6.2% on $128,400 and Medicare is 1.45%.) Calculate FIT by the percentage method. (Use Table 9.1 and Table 9.2) (Round your answers to 2 decimal
Answers
Answer:
1) social security taxes = (accumulated earnings - social security maximum) x 6.2% = ($139,370 - $128,070) x 6.2% = $700.60
2) medicare taxes = monthly earnings x 1.45% = $11,300 x 1.45% = $163.85
3) in order to calculate federal income taxes, I used the 2019 tables and allowance:
2019 allowance = $350 per person
monthly paycheck between $7,333 - $13,710
must withhold $1,198.46 plus 24% in excess of $7,333
federal income taxes under percentage method = $11,300 - $350 (1 monthly allowance 2019) = $10,950
$1,198.46 + [($10,950 - $7,333) x 24%] = $1,198.46 + $868.08 = $2,066.54
For 2020, there are no more personal allowances.
However, a capacity utilization rate that is nearing 100% is ............... because .......
Answers
Answer:
A capacity utilization rate that is nearing 100% is ideal because it means that company's actual output is almost the same as its maximum possible output.
Explanation:
Capital utilization rate is used to calculate the rate at which levels of output are met. It is defined by the given formula:
Capacity utilization = (Actual level of output / Maximum level of output) · 100
If the Capacity utilization rate is near 100%, it means that actual level of output is almost same as the maximum level of output, which is considered as the Ideal rate.
Ideal rate is usually not possible because there are a lot of hurdles in the processes. A rate of 85% is considered the optimal rate for most companies.
How to find total cash outflow
Answers
Answer:
The total cash flow is calculated by subtracting 'Total Operating Expenses' from 'Total Sales Revenue.'
Explanation:
Total Cash flow is the net amount of cash flow in and out in a company or enterprise. The net amount of cash flow of a business is calculated by subtracting 'Total Operating Exppenses' from 'Total Sales Revenue.'
Total Sales Revenue is the net amount of sales of the business. It is the income of a company that it has received by selling its products. Total Sales Revenue includes the income such as investments, receipts, etc.
Total Operating Expenses is the net amount of expenses incurred to the business in its operation. It includes rent, insurance, pay costs, etc.
The formula of Total Cash Flow is:
Total Sales Revenue- Total Operating Expenses= Total Cash Flow.
A large company issues stock. The company selling the stock often distributes profits by issuing to its shareholders.
Answers
Answer:
Following are the answer to this question:
Explanation:
It is an Act, in which an individual disposes or sells equity shares. Any reasons for selling stocks involve income, reducing losses, or access to money. There is indeed a big corporation of blue-chip stocks. In the stock marketing firm commonly allocates profits towards its stockholders whilst also releasing dividend payments.A major, well known, and financially sound company, which is in business for many years is a blue-chip stock.Answer:
The answers are - blue chips and dividends.
Explanation:
How many owners can own a partnership
Answers
Answer:
2 owners can own a partnership
Answer:
Minimum-2.
Maximum-100
HOW HAS INDIGENOUS INSTITUTIONS KILLED COTTAGE INDUSTRIES THROUGH MONEY
Answers
Answer: With ideas and much money invested
Explanation:
Cottage industries are industies that carry out their activities from their homes while indigenous industries are industies that are located in primary areas in our environment like the fishing and brewing industry.
The indigenous industries are advantaged over the cottage industries because they receive support from the government hence it helps in their production also they have the ability to reduce the price of their goods against the cottage industry which cost of production would be high for them.
The adjusted trial balance for Yondel Company at December 31, 2018 is presented below: Accounts Debit Credit Cash $ 8,000 Prepaid rent 23,000 Land 445,000 Accounts payable $ 12,000 Salaries payable 20,000 Common stock 230,000 Retained earnings 109,000 Dividends 14,000 Service revenue 340,000 Salaries expense 160,000 Rent expense 29,000 Utilities expense 32,000 Totals $ 711,000 $ 711,000 Prepare the closing entries for Yondel Company for the year ended December 31, 2018.
Answers
Answer:
Explanation:
Cash =8000
Prepaid rent = 23,000
Land = 445000
Accounts payable = 12,000
Salaries payable = 20,000
Retained earnings = 109,000
Dividends = 14,000
Service revenue = 340,000
Salaries expenses = 160,0000
Rent expenses = 29,000
Utilities expenses = 32,000
Net income = Service revenue - Salaries-Rent-Utilities-
=340,000-160,000-29,000-32,000 = 119,000
Journal
1. Debit Service revenue - 340,000
Credit income summary - 340,000
2, Debit Income summary - 221,000
Credit Salaries expenses 160,000
Credit Rent expenses 29,000
Credit Utilities expenses 32,000
3 Debit Income summary 119,000
Credit retained earnings 119,000
4 Debit retained earnings 14,000
Credit retained earnings 14,000
what is affiliate marketing?
Answers
Answer:
Member showcasing could be a sort of performance-based promoting in which a commerce rewards one or more associates for each guest or client brought by the affiliate's claim promoting endeavors. Partner promoting is the method of gaining a commission by advancing other people's (or company's) items. You discover a item you like, advance it to others and win a bit of the benefit for each deal merely make.
Answer:
Affiliate marketing is a marketing arrangement by which an online retailer pays commission to an external website for traffic or sales generated from its referrals.
Explanation:
A video game system is on sale for 25% off its original price. If the original price is $200, how much money will be saved?
Answers
Answer:
$50
Explanation:
25% = 1/4
200 / 4 = 50
50*3=150, which is 25% off.
Which of the following is an example of promotion?
A The quality of a product
B. The price of a product
C. An advertisement
D. An employee who works for your company
Answers
Answer:
A. An advertisement
Explanation:
Answer:
it is c
Explanation:
on edg 2021
On March 1, 2017, Carla Vista Co. Acquired real estate, on which it planned to construct a small office building, by paying $79,000 in cash. An old warehouse on the property was demolished at a cost of $8,000; the salvaged materials were sold for $1,660. Additional expenditures before construction began included $1,160 attorney's fee for work concerning the land purchase, $4,400 real estate broker's fee, $8,660 architect's fee, and $13,800 to put in driveways and a parking lot. (a) Determine the amount to be reported as the cost of the land.
Answers
Answer:
The reported cost of the land = $99,560
Explanation:
In order to calculate the cost of the land, it is important to note that the amount recorded as cost of the land, includes the actual amount paid as the market price of the land, including all the necessary costs incurred to make the land ready for use. These include: attorney's fees, cost of demolition of old properties, broker's fees etc.
To calculate the net cost of the land, let us identify all the transactions done in the purchase of the land. This is done as follows:
market value of land = $ 79,000
cost of demolition = $ 8,000
additional expenses = $ 1,160
attorney's fee = $ 4,400
broker's fee = $ 8,660
salvaged materials = $ 1,660 (minus)
Total = $ 99,560
Note that the amount gotten from sale of salvaged materials is subtracted from the cost of land, because it is an income, not expenditure, while the architect's fee is not used in the calculation because, it doesn't meet the criteria for cost of land, instead it is part of the cost of building after the acquisition of the land.
Carmax is a national chain that sells used cars. the likely impact of its arrival in the market would be to _____. everything else held constant, this would likely _____ the price of used cars.
Answers
Answer:
1. shift the supply of used cars to the right
2. lower
Explanation:
1. With carmax's arrival in the market this has caused the number of sellers to increase thereby shifting the supply curve to the right. An increase in the number of sellers increases the quantity supplied at each price.
2. Since the supply of used cars have increased and demand remains the same, there will be a surplus in the market for used cars resulting in lowered prices of used cars.
which of the following will increase investment spending
A) More optimistic business expectations
B) An increase in interest rates
C) Ann increase in business taxes
D) A decrease in capacity utilization
E) All of the above
Answers
Answer:
E
Explanation:
All the suggested options can increase investment spending
Investment spending is the money spent towards business expansion in the area of acquiring capital goods such as plant and machinery or goods used in the production like the raw materials.
Optimistic business decision : Leads to more investment in potential business opportunities
Increase in interest rates : As funds are borrowed to finance investment , increase interest rate will increase spending.
Increase in business taxes : This means that companies will have to pay more on taxes
Decrease in capacity utilization : This will lead to the acquisition of more machinery and investment spending increase
Answer:A More optimistic business expectations
Explanation:
A p e x
