Answer:
Hi there!
You'll need 860.67 feet of lumber.
Explanation:
First we calculate the needs of lumber in inches
Shelves: 2 x 1,134 = 2,268 inches
Base Sides: 2 x 1,112 = 2,224 inches
Door stiles: 2 x 2,918 = 5,836 inches
Total inches long of lumber needed:
2,268 + 2,224 + 5,836 = 10,328 inches
Then we convert the unit of measure from inches to feet:
One inch equals 0.08333 feet.
10,328 x 0.08333 = 860.67 feet
Construction of new homes decreases. This will cause the demand curve to shift ___________ for complimentary goods used to build the homes such as timber.
Answer:
to the left
Explanation:
When the construction of new homes decreases, the demand curve for complimentary goods used to build homes shift to the left as a result of a decrease in their demands.
The demand curve is a graph that shows the demand for a product in relation to the price of the product at a specific point in time. When the demand for a product increases, the curve shifts to the right, and when it decreases, the curve shifts to the left.
Complementary goods are goods that are required in conjunction with other goods or services. For example, timbers are required for buildings, hence, they timbers serve as complementary goods to buildings.
When the construction of new homes decreases, it means there will be less demands for timbers and as such, the demand curve will shift to the left.
Which of the following roles best fits the situation?
Kevin wants to create a business but is not sure what role is best for him. He has capital to invest. He has several partners with which he can begin a business. He has the most management experience of all his potential partners.
A. Limited partner in a limited partnership.
B. Neither a limited or general partner would be a good choice.
C. General partner in a limited partnership.
Answer:
The correct answer to the following question will be Option C.
Explanation:
Limited Partnership seems to be a form of cooperation where partner responsibility becomes restricted to the degree to which they should have invested their money. It is a companion contributing even just a capital, i.e. only financial stake.
General Partner seems to be the associate who continues to operate the alliance company and seems to be responsible for the company's activities.According to the above scenario, Kelvin has an investment to open a company as well as a few partner organizations to do so. As some other collaborators have the financial commitment, a public benefit relationship should be established. He seems to have professional experience, though in this configuration he should choose to become a limited partner or shareholder.So that the above is the right answer.
Ayayai Corp. bought equipment on January
1, 2017. The equipment cost $470000 and
had an expected salvage value of $70000.
The life of the equipment was estimated to
be 6 years. The depreciable cost of the
equipment is
Answer:
The depreciable cost of the equipment is $400,000
Explanation:
In this question, we are tasked with calculating the depreciable cost of the equipment bought
To calculate this, we simply engage the use of a mathematical relation
Mathematically;
Depreciable cost = Original Cost - Salvage value
From the question, the original cost is $470,000
The salvage value = $70,000
Inputing these values into the equation, we have
Depreciable cost = $470,000 -$70,000 = $400,000
Here is some basic data for Delta Manufacturing: Cost of materials purchases on account $ 77,000 Cost of materials requisitioned (includes $2,000 of indirect) 45,000 Direct labor costs incurred 80,000 Manufacturing overhead costs incurred, including indirect materials 98,000 Cost of goods completed 276,600 Cost of goods sold 149,000 Beginning raw materials inventory 19,000 Beginning work in process inventory 35,000 Beginning finished goods inventory 25,000 Predetermined manufacturing overhead rate (as % of direct labor cost) 120% The journal entry to record actual manufacturing overhead costs includes a
Answer:
Overheads $498,000 (debit)
Cash $498,000 (credit)
Explanation:
First calculate the Amount of Actual overhead incurred (overheads are indirect manufacturing costs)
Manufacturing overheads incurred = $498,000
Journal Entry
Overheads $498,000 (debit)
Cash $498,000 (credit)
This journal is different from that of recording applied overheads which is shown as follows :
Work - In - Process $ 96,000 (debit)
Overheads $ 96,000 (credit)
Overheads amount = 80,000 × 120% = $ 96,000
A comparative income statement is given below for McKenzie Sales, Ltd., of Toronto: McKenzie Sales, Ltd. Comparative Income Statement This Year Last Year Sales $ 7,400,000 $ 5,624,000 Cost of goods sold 4,750,000 3,513,500 Gross margin 2,650,000 2,110,500 Selling and administrative expenses: Selling expenses 1,392,000 1,079,000 Administrative expenses 704,500 608,500 Total expenses 2,096,500 1,687,500 Net operating income 553,500 423,000 Interest expense 101,000 87,000 Net income before taxes $ 452,500 $ 336,000 Members of the company’s board of directors are surprised to see that net income increased by only $116,500 when sales increased by $1,776,000. Required: 1. Express each year's income statement in common-size percentages. (Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3).)
Answer:
Explanation:
In a common - size income statement , the percentages are calculated using the sales value as the base figure
This Year Last year
Sales 7,400,000 100 5,624,000 100
Cost of Goods 4,750,000 64.2 3,513,500 62.5
Gross Margin 2,650,000 35.8 2,110,500 37.5
Selling Exp. 1,392,000 18.8 1,079,000 19.2
Admin. Exp. 704,500 9,5 608,500 10.8
Total Exp. 2,096,500 28.3 1,687,500 30.0
Net Op. Inc. 553,500 7.5 423,000 7.5
Interest Exp. 101,000 1.4 87,000 1.6
NIBT 452,500 6.1 336,000 6.0
"A" represents the new quantity demanded, while "B" represents the new quantity supplied.
1. What is the result of these changes?
a) equilibrium
b) excess supply
c) excess demand
2. Based on this graph, what will prices most likely do?
a) rise
b) fall
c) stay the same
**PLEASE INCLUDE EXPLANATION
Answer:
caExplanation:
because it is possible in the graph only
Answer:
1.) Excess supply
2.) Fall
Explanation:
Edge
compare and contrast reference theory of meaning and idea theory of meaning
Explanation:
Reference theory of meaning is a philosophical thought that believes the meaning of a word or acronym is doing in what it points out in the world. But the idea theory of meaning feels the meaning of a word or acronym lies in the group it represents.
For example, the meaning of the term would be seen as relating to illnesses and viruses as well as number of years from the point of view of idea theory of meaning. While the reference theory of meaning would allude the meaning using proper reference to the illness (Coronavirus) that caused the disease.
i will give brainliest if correct
Which two sentences describe the characteristics of a corporation?
The company is treated as a separate tax entity by law.
The owners have to accept partial liability for debts.
It is possible to raise large amounts of capital by selling company stock.
The owners are known as corporators.
Answer:
I believe that it is A and C
Explanation:
Answer:
I believe that it is A and C
Explanation: on plato
Alias Shipping negotiate the purchase of trucks with a supplier of delivery vehicles. Alias sets it's is reservation price at 1,750,000, 000. The supplier will not sell the vehicle for less than 2,250,000 what is the ZOPA?
Answer:
There is no ZOPA.
Explanation:
ZOPA here refers to the price range that is agreeable by parties to an ongoing deal, in which both negotiating parties feel satisfied.
Note that, it is possible for there to be no ZOPA when the lowest possible price by the seller is far greater than the price offered by the buyer.
In this case Alias Shipping the buyer has a reservation price that is very much lower than that of the seller thus leading to no ZOPA.
JohnBoy Industries has a cash balance of $54,000, accounts payable of $134,000, inventory of $184,000, accounts receivable of $219,000, notes payable of $129,000, and accrued wages and taxes of $41,500. How much net working capital does the firm need to fund?
Answer:Net working capital = $152,500
Explanation:
Net working capital = CA– CL
Where CA= Current Assets = Cash + Inventory + Accounts Receivable
and CL= Current Liabilities= Account payable + Notes payable + accrued wages and taxes
CA=$54, 000 + $184,000 + $ 219,000 =$457,000
Current liabilities = Account payable + Notes payable + accrued wages and taxes
CL = $134,000 + $129,000 + $41,500 = $304,500
Net working capital = Current assets – Current liabilities
Net working capital = $457,000 – $304,500= $152,500
Net working capital = $152,500
The management of company B believes that money is the only way to motivate employees. Do u agree.justify ur answer?pls
Answer:
There are actually two answers to this question its a Yes and a No
Explanation:
The reason is some employees are realistic enough to be encourage by words WHILE some others believed to be encouraged by money but from my POV I think no
an increase in the velocity of money will lead to
Answer: an increase in money supply increases aggregate demand, which increases prices
Explanation: Hence, a very high inflation rate will also maximize the velocity of money, which will increase the inflation rate even further.
Money circulates more quickly when velocity of money increases , which indicates that there are more transactions between people. The degree of inflation is high when the velocity is high.
What is inflation?The rate at which prices increase over a specific time period is known as inflation. Inflation is often measured in broad terms, the general rise in prices or the rise in a nation's cost of living.
Demand-pull inflation, cost-push inflation, and built-in inflation are the three basic sources of inflation.
Demand-pull inflation describes circumstances in which there is not enough production of goods or services to meet demand, leading to an increase in their prices.
On the other side, cost-push inflation happens when firms are compelled to raise prices as a result of rising costs associated with producing goods and services.
When workers seek greater pay to keep up with rising living costs, built-in inflation—also known as a wage-price spiral—occurs. A self-reinforcing cycle of salary and price rises results from businesses increasing their pricing to cover their rising wage costs.
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When Coca-Cola purchased first a part and then all of Honest Tea, what would have been appropriate ways to help this change be successful? Select all that apply. A: To the extent that Honest Tea began using Coca-Cola's payroll and expense reimbursement systems, train employees on these systems. B: Conduct team-building exercises to help groups of employees from Coca-Cola and Honest Tea communicate effectively and address conflict. C: Survey Honest Tea employees to identify sources of anxiety and conflict related to the acquisition. D: Use a change agent to freeze Honest Tea's very successful culture before Coca-Cola could have any impact.
Answer:
The most applicable choices in the order of importance are
C, B then A. Of course, they have to be applied at various stages of the acquisition.
Explanation:
C should have occurred (if possible) before the acquisition. Usually, when there is a major acquisition such as the one described above, it comes with good and bad tidings.
In some cases, especially one involving a large and efficient system like Coca-Cola, many positions become redundant.
In other cases, people are worried if their compensation will be affected. There are usually questions such as:
Will my compensation be reviewed upwards or, downwards?Will my insurance or 401K be affected adversely? e.t.c.Thus, executing a survey of Honest Teas' employees to identify such sources of anxiety and conflict related to the acquisition with the goal to address them constructively, will help the change to be successful.
Option B is one strategy that ought to have been executed upon the conclusion and official announcement of the acquisition exercise. This is the most crucial and maybe the most important part of the acquisition/takeover process.
This is true especially if there is going to be changes in management, communication styles, and the culture. Other benefits of team building excercises are, it increases and or improves:
ProductivityMoraleStaff Motivation andCommunication all of which are critical to the success of any organisation.Option C: On the balance of probability, it is expected that when a bigger company like Coca-Cola acquires a smaller one, the process comes with a lot of benefits. One of such benefits is the payroll upgrade.
After all is said and done, it will serve to boost the motivation and morale of the staff if Honest Tea began to use Coca-Cola's payroll which is likely to be more robust.
Because Cocal-cola is an older, more experience and more global company, it is more likely to have more efficient reimbursement systems. If these are inculcated into the Honest Tea process, with adequate training on how to use it, it will also serve to ensure homogeneity of systems and operations which is critical to the success of an acquisition.
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A man in San Rafael County was discovered committing workers' compensation fraud. He had been observed working while at the same time receiving disability benefits. Surveillance showed the man working at an automobile auction. The investigator interviewed the owner of the auction and found that the claimant was being paid $200 per week in cash for washing vehicles and performing other shop tasks. Surveillance video showed the man carrying 25-pound bags of pet food, loading boxes, and rummaging through a trash dumpster. Obviously, he was not hurt very badly. 1. Was surveillance the proper method to use in this case? Why? 2. What are some restrictions to be careful about in conducting surveillance?
Answer:
1. Yes
2. - privacy concerns
- may lack full details.
Explanation:
1. In this scenario the automobile auction house would need to show video evidence of his (San Rafael's) fraud activities to the investigator.
2. Privacy concerns such as how the information gotten from video surveillance is used may pose a challenge.
There's also the reality of a lack of full details. For instance, San Rafael may be deaf a disability that cannot be reflected well on a surveillance video that shows him working.
Why are ethics important in the workplace?
Answer:
Ethics is important in a workplace because :
a) It creates a positive and safe work environment.
b) It helps to instill professional behavior in employees
c) It helps to maintain orderliness in an organization and prevents chaos from happening.
d) It prevents discrimination or favouritism in organizations.
e) Workplace Ethics ensures that all employees are treated fairly.
f) Workplace Ethics improves the relationships of employees with one another and this lead to the development of team work amongst employees.
Explanation:
Ethics at a workplace or Workplace Ethics can be defined as the standards or regulations that are put in place by a firm or organisation that helps to guide the behavior or attitude of employees at work such that safe work ambience is created and employees relate in a professional manner to one another.
Examples of Workplace Ethics are:
a) Punctuality
b) Honesty
c) Loyalty
d) Productivity
e) Dependability
Ethics at the workplace in important because:
a) It creates a positive and safe work environment.
b) It helps to instill professional behavior in employees
c) It helps to maintain orderliness in an organization and prevents chaos from happening.
d) It prevents discrimination or favouritism in organizations.
e) Workplace Ethics ensures that all employees are treated fairly.
f) Workplace Ethics improves the relationships of employees with one another and this lead to the development of team work amongst employees.
Answer: professional organizations
Explanation: took the test (:
Suppose romaine lettuce is a normal good. Suppose further incomes in the economy are rising. Everything else held constant, this will cause the _____ romaine lettuce to _____.
Answer:
Demand for
Increase
Explanation:
A normal good is a good whose demand increases when income rises and whose demand falls when income falls.
So if income is rising, the demand for the lettuce should increase.
I hope my answer helps you
What does the Paradox of Value explain
Answer:
The paradox of value (also known as the diamond–water paradox) is the contradiction that, although water is on the whole more useful, in terms of survival, than diamonds, diamonds command a higher price in the market.
Explanation:
Why is it important for insurance companies to have a large pool of people paying premiums?
Answer:
The premium payments of all the insured clients will cover the costs for the emergencies of the few who need it. The more people that pay premiums, the less likely each insured client will experience an emergency.
It is important for insurance companies to have a large number of people paying premiums in order to have the higher costs than the needy would have to be offset by the lower costs of the less needy.
If a risk pool is larger than it is, it is very helpful because it would make the premiums to be more stable as well as to be more predictable.
Pooling is very beneficial due to the fact that the cost of health care could be high and they could lead to significant costs. Risk pooling would help to ensure that those that are in need would be able to afford it when necessary.
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If an economy with C = $5000 + 0.6Yd, I = $1000, G = $800, T = $1000, NX = $-200, where the dollar amounts are in millions of dollars, both government spending and taxes are raised by $200 million, what will be the change in equilibrium income (in millions)?
A) $200
B) $100
C) $0
D) $-200
E) None of the above
Answer:
Y = 15,500
Explanation:
If government spending increased by $200 million
Y = C + I + G + NX
Y = 5,000 + 0.6(Y-1,000) + 1,000 + (800+200) - 200
Y = 5,000 + 0.6(Y-1,000) + 1,000 + 1,000 - 200
Y = 5,000 + 0.6(Y-1,000) + 1,800
Y = 5,000 + 0.6Y-600 + 1,800
Y = 6.200 + 0.6Y
Y - 0.6 Y = 6,200
0.4 Y = 6,200
Y = 6,200 / 0.4
Y = 15,500
Therefore, change in equilibrium income (in millions) is $500
Answer:
A
Explanation:
200
years will be to the
On a timeline, a goal that will be achieved in
right of one that will be achieved in
years.
A. 16; 12
B. 8; 16
C. 12; 16
D. 8; 12
This question is a bit disorganized and incomplete; here is the complete and organized question:
On a timeline, a goal that will be achieved in _____ years will be to the right of one that will be achieved in _____ years
A. 16; 12
B. 8; 16
C. 12; 16
D. 8; 12
The correct answer is A. 16; 12
Explanation:
The purpose of a timeline is to represent a set of events during time by placing these on chronological order from left to right. This means in the case of goals, these will be organized from the goal that is closest in the future to the one that will take the most time. For example, if one of the goals is to buy a house in 10 years, this should be placed to the right of goals such as getting a degree in 2 years or buying a car in 3 years. Thus, a goal that takes 16 years should be placed to the right of a goal that takes 12 years in a timeline.
Answer: 14;10
Explanation:
A p e x
Explain in three sentences what “a decision to communicate constructively” means
A decision to communicate means to communicate positively, offering help and support, and it doesn’t involve criticism and dispiriting. It a method of communicating more effectively and efficiently. In addition, communicating constructively is a way to present your points to a person or audience so they can understand them.
Define Red Gross Society.
Answer: The Indian Red Cross Society is a voluntary humanitarian organization to protect human life and health based in India.
Explanation: It is part of the International Red Cross and Red Crescent Movement, and so shares the Fundamental Principles of the International Red Cross and Red Crescent Movement.
form a correct sentence by unscrambling the following sentence en el espanol hay vocales cinco
Answer:
its option c
Explanation:
just found it the other guy is also correct
How do the effects of voluntary restraint agreements differ from the effects of a tariff? Tariffs reduce trade by more than voluntary restraint agreements. Voluntary restraint agreements result in higher prices, which increase revenue for foreign firms, while the revenue raised from tariffs goes to the domestic government. Tariffs increase the prices of imports, helping domestic producers, while voluntary restraints do not. Voluntary restraint agreements are informal agreements that can be easily changed, while tariffs are not.
Answer:
Tariffs increase the prices of imports, helping domestic producers, while voluntary restraints do not.
Explanation:
A tarrif is defined as a tax that is imposed by government on goods and services that are imported from another country. Tarrifs are used to discourage imports by increasing their prices compared to locally produced goods and services.
Voluntary restraint agreements is is also called voluntary export restraint. It is a restriction on the amount of goods and services that exporters are allowed to export to other countries. It is also referred to as export visa.
Tarrifs results in increase in price of goods and services while voluntary restraint agreement does not.
The colonial government never made any sincere attempt to estimate India's National and per capita income. However some individual attempts were made to measure such incomes. Which among those individual attempts of estimates of national income and per capita income was considered very significant?
The correct answer to this open question is the following.
Among those individual attempts of estimates of national income and per capita income that were considered very significant to estimate India's National and per capita income in the colonial government, are the following.
Those important individual attempts belong to people like William Digby, Findlay Shirras, Dadabhai Naoroji, R.C. Desai, and VKVR Rao. From the British perspective, there was no real interest in the measurement of this economic indicator because what was important for the British government was to fulfill its economic and political interests such as the exploitation of natural resources and raw materials that were sent to England to be transformed in the fabrics and industries of London. The development or growth of India was never a goal.
Choose two consumer protection laws and, in about 500 words, describe the benefits they provide for consumers and the costs to society.
Answer:
1. Federal Food, Drug, and Cosmetic Act :-
The act governs level of quality for those food, drugs , medical instruments, as well as beauty products produced and procured by customers in the market of America. Government control as well as regulation of these guidelines was also supplied for under the law.
2. Truth in Lending Act (TILA) :-
The Truth in Lending Act (TILA) relates to the federal law that allows borrowers to make some statements regarding consumer credit conditions and prices. TILA includes rules regulating accessible-end credit lines, closed-end personal loans, retail lending as well as private lending to college.
Answer:
See Explanation Below
Explanation:
Gramm-Leach-Bliley Act (GLBA): This Act of 1999 removed the barriers to consolidation among banking and other financial institutions and allowed the consolidation of a commercial bank, securities firm, investment bank, and insurance company. This Act is also known as the “Financial Services Modernization Act.” This Act allows consumers to use various financial services at a single financial institution. More importantly, the Gramm-Leach-Bliley Act provided limitations on the private information gained from consumers through the transactions performed through banks and other institutions. Private information cannot be sold to other entities without the permission of the consumer. In addition, the Gramm-Leach-Bliley Act makes the practice of obtaining information using false pretenses illegal. Because of the mergers of different types of financial institutions with the relaxation of barriers of consolidation, one entity could possibly have access to an individual’s financial, medical, and criminal history information through the merger of an insurance company and a brokerage company. Therefore, privacy legislation was needed to protect consumers with the Financial Services Modernization Act.
Fair Debt Collection Practices Act (FDCPA): This act prohibits debt collectors from making use of unfair means to recover overdue bills. Unfair means may include calling consumers at any time other than between 8:00 a.m. and 9:00 p.m. local time. It also prohibits using offensive language during the conversation over debt and demanding unjustified amounts not allowed legally. The FDCPA make consumers’ voices powerful by giving consumers more rights regarding how debts are collected from them. These rights include allowing consumers to sue debt collectors individually and to ban contact with consumers at work. Consumers can also seek proof that they actually do owe the money that the debt collector refers to. When first contacting a consumer, the debt collector must inform a debtor of his or her right to dispute the debt. The debt collector must also tell the debtor the amount of the debt, the name of the creditor, and the fact that the debt can be disputed within 30 days. Debt collectors can’t misrepresent themselves by claiming to be an attorney or an employee of a credit reporting agency.
The costs to society include the economic costs. Staffers, lawyers, and enforcement agencies are hired for the administration of these laws. Compliance with regulations requires that companies hire, train, and continually re-educate employees on how to comply with applicable laws. In addition, one provision of the FDCPA requires that consumers can recover reasonable attorney fees. Society needs to contribute for the payment of these services through taxes and also through the higher-priced products and services companies must assess in order to remain profitable
Who uses the factors of production?
Answer: entrepreneurs
Explanation: They use all of the factors of production to form a business and make sure they can maintain it.
I hope this helped!
the factors of production are resources that are the building blocks of the economy they are what people use to produce goods and services
“A” represents the new quantity supplied, while “B” represents the new quantity demanded. What is the result of these changes?
equilibrium
supply shift
excess demand
excess supply
Based on this graph, what should happen to prices?
They should fall.
They should rise.
They should stay the same.
**PLEASE INCLUDE AN EXPLANATION!!
The result of the changes in the new quantity demanded and supplied would be called as:
d). Excess supply
On the basis of the graph, the price of the good would:
a). They should fall.
Demand and Supply
As represented by A and B, the increase in the price of the product would cause a fall in the demand of the product's quantity. As per the law of supply, the producers are willing to sell more goods at a higher price. While the law of supply states that the consumers demand the lower amount and therefore, the supply becomes excess, leading the price to fall.Thus, options d and a would be the correct answer.
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Answer:
first one: excess supply
second one: they should
Explanation:
2. Lessack Auctioneers advertised an auction sale that was open to the public and was to be conducted with a reserve price of $150. Gordon attended the auction and bid $100 for a work of art that was worth much more. No higher bid, however, was made. Lessack refused to sell the item for $100 and withdrew the item from the sale. Gordon claimed that because he was the highest bidder, Lessack was required to sell the item to him. Was he correct? Explain
Answer:
No
Explanation:
There was a reserve on the item which means the seller refuses to sell for a price lower then a certain price.
No, Gordon's claim is not correct because if the reserve price is not met, the seller is under no obligation to sell the item to the highest bidder. As a result, some buyers dislike reserve prices because they encourage bids that may not be successful.
What are the advantages of an auction?Through competitive bidding, an auction generates fair market value, allowing you, the buyer, to make an informed purchasing decision with a seller who is eager to sell. The market value is determined by buyers. Auctions allow for a quick purchase and eliminate the need for lengthy negotiations.
If a minimum bid is not met by any of the bids present at an auction, the auctioneer may 'pass in the property, which means that it has not sold. If this occurs, the winning bidder is usually decided to invite to start negotiating with the seller to see if the sale can still be completed.
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As an advertising manager of a company, you have been asked to write a proposal stating why the company should advertise and it's benefits to the company
Answer: Advertising helps expand the market of the company to have more people to know about the product
Explanation:
Proposal for advertising; My firm, xyz cooperation would love to handle the publicizing aspect of your product while you go ahead your business. We have been into these business for about 20years, so we understand the challenges that comes with the business and how they are tackled. We are creative and emerging with our services, as we offer them with reasonable and affordable prices, do read through our profile as we look forward working with you
Benefits;
1) We expand your market when we advertise for you
2) We brand your firm with a new look and make consumers get attracted
3) We offer a discount of 15% for new firms and subsequently 5% for consistent customers.
