Answer:
a
Explanation:
Advertising, soliciting, or accepting for a fee money or another negotiable instrument denominated in the currency of one government in exchange for money . Hence option A is correct .
What is currency exchange ?Another negotiable instrument denominated in the currency of another government is referred to as currency exchange or foreign currency exchange.
Businesses that offer currency exchange services let customers trade one currency for another. Currency exchanges can be accessible physically in places like banks or airports, but they are also becoming more prevalent online.
A licenced company that offers currency exchange services is known as a currency exchange. Coins and paper currency are typically exchanged over the counter at teller stations, which can be found in a variety of locations including airports, banks, hotels, and resorts. Currency The nominal fee that exchanges charge and the bid-ask spread in a currency are how they generate revenue.
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Employees who will have performance evaluated according to the budget standards should not be involved in preparing the budget.
a. True
b. False
Answer:
false
Explanation:
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Why do you think that most careers in the Education and Training cluster require a college degree of some sort?
Aspen, Inc. developed a new horse transport device and incurred research and development costs of $250,000. Rather than continue with its own research, Aspen decided to purchase a patent for a similar design from Vail, Inc. for $350,000. What are the total assets and expenses for these developments?
a. Assets $600,000; Expenses $0.
b. Assets $250,000; Expenses $350,000.
c. Assets $350,000; Expenses $250,000.
d. Assets $0; Expenses $600,000.
Answer:
c. Assets $350,000; Expenses $250,000.
Explanation:
In a business enterprise there are five items to consider when estimating the financial position of a business: assets, liabilities, revenue, expense, and stockholder equity.
Assets are entities that are owned by a business and can be used to generate revenue.
In the given instance Aspen decided to purchase a patent for a similar design from Vail, Inc. for $350,000. This is procurement of an asset.
An expense is the amount a business spends on purchasing an item or obtaining a service. For example rent is an expense a business pays to use a property.
In the given instance Aspen, Inc. developed a new horse transport device and incurred research and development costs of $250,000.
This is an expense incurred in the course of developing a new horse transport device
Your savings account is currently worth $1,200. The account pays 5 percent interest compounded annually. How much will your account be worth 6 years from now?
Answer:
$2,010
Explanation:
The future value of the savings account in 6 years can be computed using the below future value formula:
FV=PV*(1+r)^n
FV=unknown future amount
PV=current worth of the savings account=$1,200
r=annual interest rate=5%
n=number of years envisaged=6
FV=$1,500*(1+5%)^6
FV=$1,500*(1.05)^6
FV=$1,500*1.3400956
FV=$2,010
Which of the following is correct?
a. APC + MPS = 1.
b. APS + MPC = 1.
c. APS + MPS = 1.
d. APC + APS = 1.
Answer:
Option d is correct.
Explanation:
We know that,
Income (Y) = Consumption (C) + Savings (S)
In can be written as
[tex]Y=C+S[/tex]
Dividing both sides by Y, we get
[tex]\dfrac{Y}{Y}=\dfrac{C+S}{Y}[/tex]
[tex]1=\dfrac{C}{Y}+\dfrac{S}{Y}[/tex]
[tex]1=APC+APS[/tex] [tex][\because APC=\dfrac{C}{Y}\text{ and }APS=\dfrac{S}{Y}][/tex]
Since APC+APS=1, therefore the correct option is d.
You meet that special person and get married amazingly your spouse has exactly the same income you do $47,810 if your tax status is now married filing jointly what is your tax liability
Answer:
i think because you are married to yuor spouse i think the tax is$ 13,740
Explanation:
_____ is a delivery model for software in which you pay for software on a pay-per-use basis instead of buying the software outright.
a. IaaS
b. SaaS
c. DSS
d. PaaS
Answer:
b. SaaS
Explanation:
The full form of SaaS is software as a service. It is a software which is to be paid by per user rather than buying the outright of the software. It is a subscription based where the user must have to pay the subscription fees on a monthly or yearly basis. When the subscription tenure is expired the user must have to pay the charges again to take the service
Therefore the option b is correct
Your goal is to earn an annual salary of $100,000 three years from now. You expect to increase your salary by 6.5 percent annually. How much do you need to earn this year if you are going to reach your goal?
a. $72,988.08
b. $82,784.91
c. $87,878.88
d. $84,363.13
Answer:
$87,878.88
Explanation:
Calculation How much do you need to earn this year
Using this formula
PV = FV/ (1 + r )^n
Where,
FV =Future Value=$100,000
PV = Present Value
r = rate of interest=6.5%
n= no of period=3 years
Let plug in the formula
PV = $100,000 / ((1 + 6.5%)^3)
PV = $82,784.91
Therefore the amount you need to earn this year will be $82,784.91
"I before E, except after C, or when sounded like A, as in 'neighbor' or 'weigh' is an example of a mnemonic. What memory aid does this mnemonic use?"
A. Emotional connection
B. Visual images
C. Song or rhyme
Answer:
C. Song or rhyme
Explanation:
The memory aid is the testing technique in which the students are able to recall the things by practising them many times
Here in the given situation it is mentioned that I before E exclude C etc is an example of a mnemonic
So this represents the song or rhyme memory aid so that the mnemonic could be used as the following sequence is necessary in this
hence, the correct option is C.
The most expensive benefit is usually
a. life insurance
b. retirement
C.
health care
d. day care
Please select the best answer from the choices provided
Ο Α
ОВ
C
D
Answer:
c
Explanation:
the health care because it is very expensive benefit
Answer:
C. Health care
Explanation:
Just took it on edge and got it right!!
I hope this helps!!!
Assume there are two countries (France and the United States) and two goods (Wine and Cheese). In France, labor productivity in Wine is 40 bottles per hour and 30 kilos per hour in Cheese. In the US, labor productivity in Wine is 12 bottles per hour and 12 kilos per hour in Cheese. Given this information, which country has the comparative advantage in Cheese
Answer:
United States
Explanation:
A comparative advantage results when a country's opportunity cost of producing good X is lower than the opportunity cost of producing good X in another country.
France
Opportunity cost of producing wine = 30/40 = 0.75 kilos of cheese
Opportunity cost of producing cheese = 40/30 = 1.33 bottles of wine
United States
Opportunity cost of producing wine = 12/12 = 1 kilo of cheese
Opportunity cost of producing cheese = 12/12 = 1 bottle of wine
France has a comparative advantage in the production of wine, and the US has a comparative advantage in the production of cheese.
Wally's Party Warehouse provides wholesale party equipment and materials to Party Shops. In 2019, Wally's Party sold 30 bounce houses at $30,000 each. The bounce houses carry a 3-year warranty for defects. Wally estimates that repair costs will average 2% of the total selling price. The estimated warranty liability at the beginning of the year was $26,000. Claims of $19,000 were actually incurred during the year to honor warranties.
What was the balance in the Warranty Liability account at the end of the year?
Answer:
he is probably a b!tsh for wasting money and I hope he is poor now
Explanation:
If a company’s net income increased while its net sales remained constant, the company's profit margin would:_____
a. Compare favorably to its competitors.
b. Decrease.
c. Increase.
d. Not be impacted.
Answer:
c. Increase.
Explanation:
If a company’s net income increased while its net sales remained constant, the company's profit margin would increase.
This is simply because the amount of money that is being generated from the sales of goods and services are increasing.
The consolidation process applicable when intra-entity land transfers have occurred differs somewhat from that used for intra-entity inventory sales. What differences should be noted?
bAnswer:
b
Explanation:
Red Co.'s beginning Common Stock balance was $110,000 and their ending Common Stock balance was $125,000. This will be reported as _____ in the statement of cash flows.
Answer:
an increase of $15,000 in the financing activities section
Explanation:
In determining the financial position of a business there are 3 financial statements that are used: balance sheet, cash flow statement, and income statement.
The cash flow statement shows how cash inflows and outflows happen in a business. These are attributed to various activities like operations, financing, and investing activities.
Financing activities show how cash flows when a business raises capital. The aim is to pay back creditors and owners by issuing stock, selling stock, collecting loans, and paying dividends.
In the given scenario Red Co.'s had common stock of $110,000 which increased to $125,000.
So there was a selling of shares that increased their stocks by $15,000.
This is a financing activity.
Answer:
This will be reported as an increase of $15,000 in the financing activities section in the statement of cash flows.
Explanation:
This can be determined as follows:
Beginning Common Stock balance = $110,000
Ending Common Stock balance = $125,000
Therefore, we have:
Cash received from issuing stock = Ending Common Stock balance - Beginning Common Stock balance = $125,000 - $110,000 = $15,000
Since cash received from issuing stock is an item under the the financing activities section in the statement of cash flows, this will therefore be reported as an increase of $15,000 in the financing activities section in the statement of cash flows.
Fall Corp's total assets at the end of last year were $460,000 and its net income was $32,750. What was its return on total assets
Answer:
7.12%
Explanation:
Fall corporation total assets at the end of last year was $460,000
The net income was $32,750
Therefore the total return on assets can be calculated as follows
= net income / Total assets
= 32,750/460,000
= 0.07119×100
= 7.12%
Hence the return on total assets is 7.12%
How does the commerce clause affect the regulation of business?
You deposit $825 today in a savings account that pays 6% interest, compounded annually. How much will your account be worth at the end of 25 years
Answer:
the future value is $3,540.79
Explanation:
The computation of the amount after at the end of 25 years is shown below:
Amount = Principal (1 + rate of interest)^number of compounding period
= $825 (1 + 0.06)^25
= $825 (4.2919)
= $3,540.79
hence, the future value is $3,540.79
We simply applied the above formula so that the correct value could come
And, the same is to be considered
If
you are
using $50 to buy your groceries, which function of money is
this?
Answer:
Medium of Exchange
Explanation:
A medium of exchange is an instrument used as an intermediary to facilitate the exchange of goods and services. A good medium of exchange must give a fair valuation of the items being traded. Money is a widely accepted medium of exchange.
Almost all items in a market have a monetary value attached to them. A Buyer or seller would easily know the amount of money needed to trade an item. The $50 is being used as a medium of exchange for the purchase of groceries. The seller accepts the money if they agree with the buyer on the quantity of groceries worth $50.
ILL GIVE BRAINLIEST!! HELP ASAP!!
Answer: B
Explanation: I am pretty sure the answer is going to B, accounting is a profession that requires a lot of math
5. In war time conditions, cigarettes have been used as money. What disadvantage do cigarettes have for trading compared with notes and coins? *
Answer:
The main disadvantage that cigarettes have over notes or coins is that they wear out more easily.
Explanation:
Cigarettes can fulfill the three functions of money: they can work as unit of account, as store of value, and as medium of exchange.
They are a commodity that is valued by many people, they are easy to carry, and they are easy to manufacture.
The problem is that they can easily wear out, break down, splinter, and so on, meaning that as money supply, they leave the monetary market more quickly, making the monetary market more unstable and more prone to imbalances and price changes.
Presented below is pension information for Company Y for 2021.
Expected return on plan assets: $72,000
Interest on vested benefits: $45,000
Service cost: $150,000
Interest on projected benefit obligation: $63,000
Amortization of prior service cost due to increase in benefits: $54,000
The amount of pension expense to be reported for 2021 is:______
Answer:
The Amount of pension expense is $195,000
Explanation:
The computation of the amount of pension expenses reported is shown below:
Service cost $150,000
Interest on projected benefit obligation 63,000
Amortization of prior service $54,000
Less: Expected return on plan assets -$72,000
The Amount of pension expense is $195,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
On November 19, Hayes Company receives a $15,000, 60-day, 10% note from a customer as payment on his account. What adjusting entry should be made on the December 31 year-end
Answer: A debit to Interest receivable at $175
A credit to Interest Revenue at $175
Explanation:
Interest revenue = Principal x rate s time ( from Nov 19 - December 31st)
=$15,000 x 10% x 42/360 ( taking days in a year = 360 days )
= $175
Adjusting Journal entry for Hayes Company on December 31st year end
Date Account titles Debit Credit
December 31st Interest receivable $175
Interest Revenue $175
A bond that matures in installments at regular intervals is a:_____
a. term bond.
b. serial bond.
c. periodic bond.
d. terminal bond.
Answer:
b. serial bond.
Explanation:
The serial bonds are the bond that matured the investment for a time period. In simple terms, the bond in which the maturity date is spread in a periodic manner over a time period that we called as a serial bonds
Since in the question the bond that matured the investment for a regular intervals so this represents a serial bond
Hence, the correct option is b.
A family spends $40,000 on living expenses. With an annual inflation rate of 6 percent, they can expect to spend approximately _______ in one year. Use Exhibit 1-A. (Round time value factors to 3 decimal places and final answer to the nearest dollar amount.) M
Answer: $42,400
Explanation:
The family currently spends $40,000 on living expenses.
Inflation is expected to be 6% and as Inflation is used to refer to the general rise in prices, this means that the family will be spending 6% more in one year.
They will therefore be spending;
= 40,000 * (1 + 6%)
= $42,400
Worrying about the choice of an overhead allocation base is a waste of time. In the end, all of the overhead is charged to production. Do you agree with the previous statement? Why or why not?
Answer:
You can do it???????????????
Explanation:
IT
The Drogon Co. just issued a dividend of $2.96 per share on its common stock. The company is expected to maintain a constant 5 percent growth rate in its dividends indefinitely. If the stock sells for $35 a share, what is the company's cost of equity
Answer: 13.88%
Explanation:
The cost of equity can be used along with the variables given to calculate the price of a share using the Gordon Growth model so this can be remodeled to solve for the cost of equity.
Price of stock = (Dividend * (1 + growth rate)) / (cost of equity - growth rate)
35 = (2.96 * (1 + 5%)) / (cost of equity - 5%)
35 = 3.108 / (cost of equity - 5%)
(cost of equity - 5%) * 35 = 3.108
Cost of equity - 5% = 3.108 / 35
Cost of Equity = (3.108 / 35) + 5%
= 13.88%
Victor’s Repair Shop has a monthly target operating income of $20,000. Variable expenses are 60% of sales, and monthly fixed expenses are $12,000.
Requirements
1. Compute the monthly margin of safety in dollars if the shop achieves its income goal.
2. Express Victor’s margin of safety as a percentage of target sales.
3. What is Victor’s operating leverage factor at the target level of operating income?
4. Assume that the company reaches its target. By what percentage will the company’s operating income fall if sales volume declines by 12%?
Answer:
Explanation:c.m =40% contribution margin = target income +fixed expenses = 20000+12000=32000
Target sales 32000/.40=80000
Breakeven sales =12000/.40=30000 margin of safety dollars = 80000-30000=50000
Margin of safety 50000/80000=62.5
Operating ieverage =c.m/operating income
32000/20000=1.6
12%*1.6=19.2%
40% contribution margin = target income +fixed expenses
That is 20000+12000= 32000
What is contribution margin?The contribution margin is calculated by subtracting the selling price per unit from the variable cost per unit. The measure, also known as dollar contribution per unit, indicates how a specific product contributes to the overall profit of the company.
"Contribution" refers to the portion of sales revenue that is not consumed by variable costs and thus contributes to fixed cost coverage.
A sales target is the number of products that must be sold in order to make the desired profit. Well-defined sales targets help sales teams thrive. Sales targets enable you and your sales team to: set specific goals.
Target sales 32000/.40=80000
Breakeven sales =12000/.40=30000
margin of safety dollars = 80000-30000=50000
Margin of safety 50000/80000=62.5
Operating leverage = C.M /operating income
32000/20000=1.6
The percentage will the company’s operating income fall if sales volume declines by 12% =
12%*1.6=19.2%
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70 Marketing Dynamics .. .. : : . . : Part 4: Be Your Own Leader Leaders on a Top Secret Mission On December 6, 2011, a woman walked into a Michigan K-Mart and paid off someone else's layaway just in time for the holidays. That one act of kindness, completed in total secrecy, has taken on a life of its own. People have gone into stores with as much as $20,000 in their hands to anonymously pay off the layaways of others. Leaders give back, and they often do without wanting or needing recognition. A leader will always be willing to recognize others, share in other's successes, and help whenever and wherever they see a need. True leaders will do without expecting anything in return." As a leader, think of something you could do for someone else. You do not have to spend any money if you do not want to. Giving back is rarely about money. It can be as simple as leaving a note recognizing someone for the work he or she has done. ;. 1. Create your own secret mission. Decide what you can do as a leader to give back. Maybe you will volunteer at a local shelter or write a note to all of your teachers and place it in their school : mailboxes. There are so many things you could do; narrowing it down to just one thing might be the most difficult part. Fill in the following information about your secret mission. · i' ., . . .. . . ..... ....... . Mission title: Why I chose this mission: Why I believe it is important for leaders to give back: - . . NR22 W Date(s) of my mission:_ Resources I will need: - S. A W. W W Others I will need to include for the mission to succeed: mm / : VY. W : : : : TUTTE 1. . '. . 2. Once you have completed your mission, complete a self-reflection. Include other ways that, as a leader, you can give back in the future. Self-reflection: I.-.... YST - - - - Viet w Futürë thoughts and plans: .
With an understanding of which consumers buy a firm's new products at each stage of the diffusion of innovation process, the firm can adjust its __________ strategy accordingly.
Answer:
Advertising, promotion, pricing, sales and distribution.
Explanation:
Marketing mix refers to the choices about product attributes, distribution strategy, communication strategy, and pricing strategy that a firm offers its targeted markets.
Generally, a marketing mix is made up of the four (4) Ps;
1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.
2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.
3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.
4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.
Hence, with an understanding of which consumers buy a firm's new products at each stage of the diffusion of innovation process, the firm can adjust its advertising, promotion, pricing, sales and distribution strategy accordingly.
