18. a project with financing type cash flows is characterized by a project that has which one of the following characteristics? a. conventional cash flows b. cash flows that extend beyond the acceptable payback period c. one year or more in the middle of a project where the cash flows are equal to zero d. a cash inflow at time 0 e. cash inflows that are equal in amount

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Answer 1

A project with financing-type cash flows is characterized by a project that has:

d.  A cash inflow at time 0

A project's assets, rights, and interests are held legally as collateral security in a finance arrangement called project financing, which depends on future cash flow from a particular development as the main source of repayment.

What are Cash inflows?The term "cash flow" is typically used to describe payments that are expected to happen in the future, are therefore uncertain, and need to be forecast with cash flows. A cash flow is determined by its time t, nominal amount N, currency CCY, and account A; symbolically, CF = CF. A cash flow is a real or virtual movement of money. A cash flow in its narrow sense is a payment, especially from one central bank account to another. However, it is common to use the term "cash flow" in a broader meaning to describe payments made into or out of a company, project, or financial asset.

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Related Questions

What is the keyboard shortcut you can use to update a selected table of contents?

Question 3 options:

F9


F10


F11

Answers

The "F9"+Fn is the keyboard shortcut that we can use to update a selected table of content.

What is the use of F9 function?

On a computer, the F9 key is a key found at the top of almost all keyboards. It is often used to open the Mission Control on an Apple computer and also has other uses depending on the computer and program.

We can use this function by opening the program that uses the key and press F9. If the key has an icon on the key, it does indicates the key has a secondary function. In other to use the secondary function, we will press and hold down the Fn key and while continuing to hold the key, press F9.

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suppose the median household earned $9,243 in 1976 and $52,765 in 2016. during that time, also suppose the cpi rose from 48.2 to 214.68. instructions: round your answers to one decimal place. a. the total growth rate in nominal median household income from 1976 to 2016 was: %. b. the total growth rate in real median household income from 1976 to 2016 was:

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The overall nominal growth rate is 469.40%, whereas the actual growth rate is 28.5%. The concept of nominal growth rate describes how an economy is rated in terms of production, which includes determining current prices.

Real growth rates also consider the actual advancement a nation has made over a period of time.

a) The nominal growth rate overall

= [1 - ((Earned Income in 1976 / Earned Income in 2016)] x 100%

= [(52,624 / 9,242) - 1] x 100%

= 469.40%

=$9243/0.482=19176.3

=$52765/2.14=24656.5

Total Growth Rate=[(24656.5/19176.3)-1]x 100

                             =28.5

b) Rate of overall real growth = [(2016 Real Earned Income / 1976 Real Earned Income) - 1] * 100%

But,

Actual earnings in 1976

= 1976 CPI / 1976

Earned Income

= $9,242 / 45.06%

=$20,267.54

Actual earnings in 2016

= 2016 earned income / 2016 CPI

= $52,624 / 219.75%

=$20,267.54

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the process of providing management with accurate forecasts of trends related to external changes in geographic areas where the firm currently is doing business or is considering setting up operations is known as

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The process of providing management with an accurate forecast of trends relating to external changes in the geographic area in which a company currently does business or is considering setting up operations is known as environmental scanning.

Management is an essential thing for an organization because if there is no management, then an organization will not achieve their goals. The most important function and purpose of management is for organizations to achieve their goals effectively and efficiently. The most common goal of an organization is to satisfy consumers and stakeholders. The most important function and purpose of management is for organizations to achieve their goals effectively and efficiently. The most common goal of an organization is to satisfy consumers and stakeholders.

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according to the corporate governance task force (cgtf), during which phase of the ideal model and framework does the organization plan the specifics of how it will reach its destination?

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According to the Corporate Governance Task Force (CGTF), during the Ideal Formation Model and Framework phase, the organization plans specifically how it will achieve its objectives.

Organization is a place or place for a group of people to work together in a rational and systematic, controlled, and guided manner to achieve a certain goal by utilizing existing resources. In general, organizations will utilize certain resources in order to achieve goals, such as; money, machines, methods/methods, environment, human resources, and other resources, which are carried out in a systematic, rational, and controlled manner. Referring to the understanding of the organization, organizational goals do not only focus on achieving the company's vision and mission, but also increasing income that exceeds production costs. This is what distinguishes profit and non-profit organizations.

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which of the following statements about bribes or questionable payments are true? group of answer choices all of the above enforceability of ethics varies in different countries. bribes to expedite government actions or to gain business advantages are common in international business. most countries have formal laws forbidding bribes or questionable payments.

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The true statements about bribes are enforceability of ethics varies in different countries, bribes to expedite government actions or to gain business advantages are common in international business, and most countries have formal laws forbidding bribes or questionable payments.

So, the correct option is A (All of the above).

A potential dishonest or illegal payment. A suspected bribe is, in essence, a suspicious payment. Bribes are frequently paid in order to avoid paying fines or to get around laws or restrictions. The majority of nations, including the United States, specifically forbid bribes since they are both unlawful and immoral. Bribery is defined as the offering, giving, soliciting, or receiving of any valuable thing with the intention of influencing the behavior of a person performing a public or legal responsibility.

The fact that bribery and corruption raise corporate costs without, critically, generating comparable value is a substantial effect. Only a portion of the contract sum is effectively used; the remainder is not used for the delivery of the good or service.

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what is a sales return?multiple choice question.a sales return refers to merchandise that customers return to the seller after a sale.a sales return is the cash discount given for early payment of an invoice.a sales return refers to merchandise a seller acquires, but then returns to the buyer.a sales return is designed to shorten the payment period between the buyer and the seller.

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Sales return is : A. a sales return refers to merchandise that customers return to the seller after a sale.

What is sales return?

Sales return can be defined as the way in which a buyer or customer decide to return some of the goods they purchased from a buyer as a result of some reasons such as:

The seller mistakenly gives the buyer excess goods.The product were damaged or when the goods the buyer purchased form the seller are defective goods.When the goods does not meet the buyer expectation  etc.

Therefore we can conclude that the correct option is A.

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question content areain terms of probability, which of the following taxpayers would be least likely to be audited by the irs? a.taxpayer is an employed electrician. b.taxpayer owns and operates a check-cashing service. c.taxpayer just received a $3 million personal injury award as a result of a lawsuit. d.taxpayer just won a $1 million slot machine jackpot at a las vegas casino.

Answers

The right response is (b). The taxpayer owns and runs a check-cashing business.

Who are taxpayers?
A taxpayer is anyone who owes taxes to the federal, state, as well as local governments, whether they are an individual or a business. Governments primarily obtain their funding from taxes, which are levied on both citizens and companies. Individual taxpayers in the US are typically required to file as well as pay both federal as well as state returns each year. Businesses must also submit yearly returns, but they typically budget for and make scheduled estimated tax payments all year long. The federal, state, as well as local governments all play a role in enacting and enforcing the U.S. tax code. The primary regulatory body in charge of enforcing the implemented revenue tax code both for people and enterprises is indeed the Internal Revenue Service (IRS).

By taxpayer income, audit trends vary. IRS audited taxpayers with earnings of $500,000 or more and those earning under $25,000 at higher-than-average rates in recent years.

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Once funds are available for a program, what is one of the responsibilities of the manager?


find more funds from the community
ensure no additional funds are needed
find more funds from private sources
ensure all funds are spent

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Once some funds are available for a program, one of the responsibilities of the manager is to ensure all funds are spent.

Who is a manager of funds?

A typical manager of funds is also known as money manager. This is a person that manages the securities portfolio of an individual or institutional investor. They always employs people with various expertise ranging from research and selection of investment options to monitoring the assets and deciding when to sell them.

Most time, they also perform the function of financial advisor because they work to create a financial plan and then manage your portfolio of assets to help you hit your goals

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what is the amount of taxes paid for 2014 for $65,000 of taxable income for a single person? (rounded to the nearest dollar and no dollar sign $ or comma needed)

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A single person's taxable income of 12,106.

What Is the Marginal Rate for Taxes?

The marginal tax rate is the amount of additional tax that must be paid for each dollar of increased income produced. The total amount of tax paid divided by the total income earned is the average tax rate. With a marginal tax rate of 10%, 10% of every subsequent dollar earned would be taxed.

What is the 2022 marginal tax rate?

Rates at Margin: Individual single taxpayers with incomes greater than $539,900 will continue to pay the highest tax rate, which is 37% for the tax year 2022 (or 647,850 for married couples filing jointly). For incomes over $215,950, the tax rate is 35% or $431,900 for married couples filing jointly.

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costs that are capitalized as inventory during completion of products are called: multiple choice product costs. period costs. general costs. administrative costs. selling expenses.

Answers

Out of the choices provided above, it can be concluded to state that the costs that are capitalized as inventory during completion of products are called product costs. Therefore, the option A holds true.

What is the significance of product costs?

The product costs can be referred to or considered as the costs that are in relation to the production of goods or services that are sold by an organization while being involved in the regular course of its core business activities.

The costs related to the products are derived only after they are capitalized as inventories of the firm when the production of goods is finished, and they are ready to be offered for sale.

Therefore, the option A holds true and states regarding the significance of product costs.

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international strategy refers to a(n): a. action plan pursued by american companies to compete against foreign companies operating in the united states. b. political and economic action plan developed by businesses and governments to cope with global competition. c. strategy through which the firm sells its goods or services outside its domestic market.

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International strategy refers to a political and economic action plan developed by businesses and governments to cope with global competition.

An international strategy is usually the first approach most companies take when expanding globally. That is, exporting or importing goods and services while maintaining a head office or branch in the home country. There is no one-size-fits-all approach to global expansion as a company.

Cross-border strategies are the best, but also the most complex in terms of relationships and communication. Visualizing four different international strategic models helps to understand the relationship between branch offices and headquarters.

Strategy is the action a manager takes to help him achieve one or more organizational goals. Strategy can also be defined as "the general direction along which an organization and its various components will achieve the desired future state". Strategy is born out of a detailed strategic planning process. "

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Organizations must have a strategy for managing all the resources that are involved in meeting customer demand for their product or service. This strategy is developed in the ________ activity of scm.

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Organizations must have a strategy for managing all the resources that are involved in meeting customer demand for their product or service. This strategy is developed in the plan activity of SCM.

Oil, coal, herbal gasoline, metals, stone, and sand are natural assets. Different natural assets are air, daylight, soil, and water. Animals, birds, fish, and vegetation are herbal sources as properly. Herbal assets are used to make meals, gasoline, and uncooked materials for the production of goods.

These are the resources that can be located within the surroundings and are evolved without the intervention of humans. Not unusual examples of herbal resources consist of air, daylight, water, soil, stone, flowers, animals, and fossil fuels.

Assets are essential for humans due to the following reasons: assets while used as uncooked fabric satisfy the wishes and comforts of humans. Herbal resources are a supply of agricultural sports which adds to the economic significance. Additionally, they provide employment possibilities.

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one of the major reasons to establish zoning ordinances is to: select one: a. restrict business b. effectively plan an area c. lower property values d. raise taxes

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One of the major reasons to establish zoning ordinance is to effectively plan an area

What is Zoning Ordinance?

Zoning ordinance is defined as formal categorization of various land -use policies which are applicable to land, which is located within the municipality, Zoning ordinance gives details whether a particular specific geographical zone can be acceptable for residential or commercial purposes. Zoning ordinance also helps to handle any zoning rule infractions.

Types of Zoning Ordinance

The various types of zoning are

Industrial CommercialResidentialAgricultural

Other types of zoning used in municipalities are, schools. hospital and airport zoning. Zoning allows the cities to grow sustainably for generations. The process of zoning includes dividing the land into various districts or zones, this function is generally performed by the municipal cooperation of a country.

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game theory a. is used to measure power b. was the approach taken by marx to analyze the international economy c. can be used to study strategic interactions between actors d. all of the above e. only b and c

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Game theory can be used to study strategic interactions between actors.

Give a brief account on the Game Theory.

The study of mathematical models of strategic interactions between rational beings is known as game theory. It first focused on two-player zero-sum games, in which each player's gains or losses are precisely balanced by those of the other players. Game theory is a broad word that refers to the study of logical decision-making in humans, animals, and computers in the twenty-first century. It is applicable to a wide range of behavioral relationships.

John von Neumann's proof of the mixed-strategy equilibrium in a two-player zero-sum game marked the beginning of modern game theory. The Brouwer fixed-point theorem on continuous mappings into compact convex sets was employed in Von Neumann's initial demonstration.

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Starting a new business in pursuit of an opportunity to introduce a new product or service to market through innovation is engaging in the process of​ ________.

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Starting a new business in pursuit of an opportunity to introduce a new product or service to market through innovation is engaging in the process of​ entrepreneurship

What does entrepreneurship mean ?The process of starting a new business and taking on any associated risks with the intention of turning a profit is referred to as entrepreneurship. Entrepreneurs are those who start new businesses and take on all the challenges involved in its growth and operation.service to market through innovation is engaging in the process of​ entrepreneurshipEntrepreneurship is essentially the act of creating, setting up, and managing a new business in order to make money while taking on financial risk.

Four categories are most frequently used to classify different types of entrepreneurship:

small business.scalable start-upsbig business or intrapreneurship.entrepreneurial social work

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at the price of $5 per pack of batteries, duracell sells 10,000 packs of batteries and energizer sells 15,000 packs of batteries. when the price rises to $7.50, duracell sells 12,000 packs of batteries and energizer sells 16,000 packs of batteries. what is the market supply at $7.50?

Answers

With a market supply of 28,000 packs at $7.50 each, Duracell and Energizer each sell 10,000 and 15,000 packs of batteries, respectively.

Regarding the supply or surplus, nothing is mentioned. Since the overall market supply demand for batteries is equal to the total supply, let's batteries suppose that markets are in equilibrium at $7.50.

supply equals 12000 + 1600 = 28,000.

The entire amount of a good or service that all producers batteries are prepared to offer at the current range of comparable prices for a predetermined market supply amount of time is the market supply. Unless unless stated otherwise, "Supply" refers to Market Supply.

Teenagers who want to make extra money frequently offer to babysit children in most towns. Each nanny is in a different situation. To pursue market supply other interests, one might require the flexible hours that babysitting provides.

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When the marketing concept is used to make all business decisions, how many functions does marketing serve?.

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Promotion, selling, product/service management, marketing information management, pricing, financing, and distribution are the seven essential elements of marketing.You may more effectively focus your efforts and develop plans to support your organization if you are aware of the fundamental components of marketing.

What are the 7 main functions of marketing?Product, pricing, place, and promotion make up the four Ps.They serve as an illustration of a "marketing mix," or the collection of tools and techniques utilized by marketers to accomplish their marketing goals.E initially formally conceived of the 4 Ps in 1960. The marketing idea is the use of marketing data to concentrate on consumer needs and wants in order to design marketing strategies that not only meet customer needs but also achieve organizational goals. The benefit of marketing for your company is that it engages consumers and helps them decide whether to purchase your goods or services.A marketing strategy, which is a component of your business plan, also aids in generating and maintaining demand, relevance, reputation, competitiveness, etc. Production, product, selling, marketing, and society are the top five marketing concepts.Companies apply these five ideas to their product, price, distribution, and marketing strategies. When a business determines the needs of the customer and then creates the products, services, or concepts that will meet those needs (by adhering to the "correct" principle), it is utilizing the marketing concept.The marketing philosophy is focused on providing value in order to satisfy clients, whether they are businesses or consumers.

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in monaco, a market basket of goods and services cost $130 in 2017, $140 in 2018, and $160 in 2019. based on this information, and assuming 2017 is the base year, the price index in 2019 was:

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The price index is the weighted average of the price of goods and services of a particular year relative to the base year. It is used to measure the general price level.

The price index of 2019 was $123.07.

It is given that cost of goods and services in 2017 was $130

In 2018, it was $140 and in 2019, it was $160.

The year 2017 was assumed to be the base year.

To calculate the price index, we take price of goods and services of a particular year and divide it by the price of goods and services of the base year.

Thus,

Price index = (Price in particular year÷Price in base year)×100

Price index = (price in 2019÷price in2017) ×100

= ($160÷$130) ×100

= 1.2307×100

=$123.07

Thus, the price index in 2019 was $123.07

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what are the pre-shift and post-shift equilibrium prices for a sandwich? will an increase in quantity supplied at every price always result in a lower equilibrium price, why?

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Yes, an increase in quantity supplied at every price always results in a lower equilibrium price due to the law of supply.

The law of supply is the law of microeconomics that, all other factors being equal, when the price of a good or service increases, the quantity of the good or service offered by the supplier increases and vice versa.In the law of supply, suppliers try to maximize their profits by selling more commodities when their prices increase.According to the law of supply, the higher the price, the more the producer will put on the market.When a company strives to make a profit, expecting a higher price for something will make it produce more.If prices fall in the meantime, suppliers will be discouraged from producing so much.Market supply can be represented as a rising supply curve that shows how supply responds to different prices over a period of time.Together with demand forms one-half of the law of supply and demand.

hence, when an increase in quantity supplied at every price always results in a lower equilibrium price due to the law of supply.

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when nestle or mcdonald's modify their packaging to use more recyclable material, they are responding to . multiple choice question. consumer safety and security issues environmental concerns investor concerns government pressures

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Nestle and McDonald's are changed their packaging to utilize more recyclable materials in response to environmental concerns.

What are environmental concerns?

Environmental concerns are the consequences of human activity on the biophysical environment, the majority of which are negative and cause environmental damage. The activity of conserving the natural environment on an individual, corporate, or governmental level for the benefit of both the environment and humanity is known as environmental protection. Environmentalism is a social and environmental movement that tackles environmental challenges via legislative advocacy, education, and action.

Climate change, pollution, environmental degradation, and resource depletion are examples of major current environmental challenges. The conservation movement advocates for the preservation of endangered animals as well as the preservation of ecologically vital natural regions, genetically modified foods, and global warming.

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The complete question is:

"When nestle or McDonald's modify their packaging to use more recyclable material, they are responding to...

a. investor concerns

b. consumer safety and security issues

c. government pressures

d. environmental concerns"

based on what we have already discussed about the different jurisdictions rule, how many inspections should a supervisory appraiser expect to make with a trainee appraiser before the trainee appraiser is competent to make solo inspections?

Answers

After the first year, a Trainee Appraiser should be able to inspect a complicated property without supervision.

If the credentialing authority permits it, a trainee appraiser should be permitted to inspect a property alone. The Supervisory Appraiser should independently inspect the property once the Trainee Appraiser has finished the examination and written the property description to make sure the observations and description are accurate.

As shown by the following, Supervisory Appraisers are accountable for the instruction, direction, and direct supervision of their Trainee Appraisers:

They certify that the assessment complies with USPAP and sign the report to accept responsibility for the appraisal. Supervisory Appraisers must be willing to bear the time-consuming responsibility of reviewing and signing the appraisal reports written by Trainee Appraisers.Until she is certain the Trainee Appraiser is capable of inspecting the property independently and in line with the USPAP Competency Rule, the Supervisory Appraiser personally inspects each appraised property alongside the Trainee Appraiser. A Supervisory Appraiser who takes this role seriously should be appreciated by trainees. A Supervisory Appraiser who does not assign property inspections before they are qualified deserves respect from trainees.

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your bank has a reserve requirement of 0.2. if you deposit $675 into your bank account and that results in an increase in excess reserves of $540, then what is the maximum possible change in the money supply from your initial deposit?

Answers

The deposit multiplier indicates that banks must keep 10% of all deposits in reserve if the reserve requirement is 10%,

But they can create money and stimulate economic activity by lending out the remaining 90%.Therefore, if someone deposits $100, the bank must reserve $10 but can lend $90.

How are excess reserves calculated?

Excess Reserves = Total Reserves minus Required Reserves Take a bank with $20 million in deposits as an illustration. It must keep at least $2 million on hand if its reserve ratio is 10%.On the other hand, if the bank has $3 million in reserves, $1 million of those reserves are in excess.

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________ flows involve money transfers, payments, credit card information and authorization, payment schedules, e-payments, and credit-related data.

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Cash flows involve money transfers, payments, credit card information and authorization, payment schedules, e-payments, and credit-related data.

   A cash flow analysis enables you to comprehend how much money a company made or spent over a certain accounting period. For your firm to be financially viable, you must be aware of your cash sources and where your money is going. A company may turn a profit while still having negative cash flow, or it may lose money while having positive cash flow. Free cash flow and asset based free cash flow are complementary metrics that provide special insights into a company's financial health.

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calculate the annual incidence rate of salmonellosis per 100,000 population for trinidad and tobago in 1997 on the basis of laboratory-confirmed cases. calculate the annual incidence rate of salmonellosis per 100,000 population for trinidad and tobago in 1997 on the basis of laboratory-confirmed cases.

Answers

Number of cases/population per year incidence rate 109 cases per 1,265,000 people per year 0.0000862 cases per year per person 8.6 cases per 100,000 people per year

What is incidence rate?An incidence rate describes the rate at which disease spreads in a population. It is time-based, so it has some advantages over an incidence proportion. Person-time is calculated for each subject, so it can accommodate people entering and exiting the study. For example, if one hundred sow farms were followed for a year and ten of them developed a disease, the incidence risk for that disease was 0.1 or 10%. To put it another way, a sow farm has a 10% chance of breaking even in a year.  The rate of qualified responses is referred to as the incidence rate.

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middleton company uses the perpetual inventory system. the company purchased an item of inventory for $75 and sold the item to a customer for $120. how will the sale affect the company's inventory account?

Answers

The sale will affect the company's inventory account and the inventory will decrease by $75.

What is a perpetual inventory system?

A perpetual inventory system is described as a type of software program. It makes an estimation of the inventory and the estimation is based on the electronic records of the inventory and no estimation will be done on the levels of the physical inventory. It is important to mention that the calculation starts from a physical count and then further updates are based on the shipments that are made in and made out.

The Middleton company uses the perpetual inventory system that can make a real estimation of the changes in inventory at the Point of sale system. Hence, the system will not account for any profit or loss on a transaction. Rather, when a $75 inventory is purchased by a customer, it will show inventory to reduce by $75.

It can be concluded that the sale will affect the company's inventory account and the inventory will decrease by $75.

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Determine cost of goods sold for x-mart, assuming that beginning inventory was $5,000. Net purchases were $20,000 and ending inventory was $9,000.

Answers

The cost of goods sold formula can be expressed simply as follows: Starting inventory + purchases ending inventory = cost of goods sold. The following formula combines all the inventory information for the entire accounting period: Beginning stock plus purchases equals the cost of the available products (i.e., cost of goods available for sale.) So, cost of goods sold = cost of goods available - cost of items ending inventory.

Explanation:

Beginning inventory is $5,000

Net purchases is $20,000

Ending inventory is $9,000

Therefore the cost of goods sold can be calculated as follows

= (5,000+20,000)-9,000

= 25,000-9,000

= 16,000

Hence the cost of goods sold is $16,000

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a firm recorded the receipt of cash on account from a creditor as a debit to cash and a credit to accounts payable. the error was discovered after the data posted. the correcting entry should contain:

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In the situation where there was an accounting error in recording a financial transaction as given above, the correcting journal entry should contain a debit to accounts payable and a credit to accounts receivable.

What is the significance of a journal entry?

A journal entry can be referred to or considered as the systematic of recording and maintaining the financial transactions that take place in an organization during an accounting period. It has a debit and a credit effect.

A correcting journal entry rectifies the errors made in the recording of actual journal entries. For the above situation, the correcting entry where accounts payable are debited and receivables are credited would rectify the transaction.

Therefore, the significance regarding a journal entry has been aforementioned.

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if the decision maker has no knowledge about the likelihood of any of the states of nature occurring, then it can be stated that the decision maker is operating in an environment of

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The decision-maker in situations of complete uncertainty has no knowledge at all, not even regarding the possibility that any given natural state would occur. In these circumstances, the decision-actions maker's are solely determined by how they feel about the uncertainty.

Do humans have any power on the natural world's conditions?

Any circumstance involving decision-making consists of three elements: The options on offer (alternatives or acts). Uncontrollable future events are natural phenomena that are not in the decision-control. maker's The rewards that are required for each possible decision alternative and natural state. in statistics Decision analysis....more potential future occurrences, referred to as states of nature. Everything that could possibly occur is included in the list of potential states of nature, and each state is defined with the understanding that only one of them will actually materialize. The action with the highest expected value should be chosen after computing the expected value for each action. The probability of the outcomes are only included in this technique out of the four.

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one of the most compelling challenges for the marketing research industry is finding individuals who combine tech savviness and analytical skills with: the ability to understand syndicated and social media data. the ability to understand new software technologies. the ability to perform high-level statistical analysis. the ability to synthesize data and present it in a compelling way.

Answers

The most challenging aspect is finding the individuals with the ability to synthesize data and present it in a compelling way.

Which is the major challenge faced by market research industry?

Choosing talent

When developing successful plans, a marketing team's collective knowledge and expertise are frequently crucial components. It might be difficult to find and keep an accomplished workforce on occasion because skilled marketers are frequently in high demand. If you're having trouble finding personnel, think about using marketing strategies during the hiring process to increase the appeal of your business to candidates.

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has three different insurance policies. he has been injured in an accident and has incurred $30,000 in medical bills. there is a provision in all of his insurance contracts that ensures the total benefits he receives from all sources is limited to 100 percent of allowable medical expenses. what is this provision called?

Answers

This provision is called the coordination of benefits provision.

What is provision?
A provision is an account in financial accounting that records an entity's present liability under the International Financial Reporting Standards (IFRS). The liability recorded on the balance sheet is matched to an appropriate expense account on the income statement. A provision is an expense under US Generally Accepted Accounting Standards (US GAAP). Thus, "Provision for Income Taxes" is a liability in IFRS but an expense in US GAAP. the provision or supply of something, particularly food or other essentials Prior arrangement or preparation, such as for doing something, meeting needs, providing means, etc.

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