Answer:
1. In the short run, wages and other prices are stagnant making the economy to run below or above the normal level. In the long run, wages and prices are fully flexible, and this allows the economy to run at its natural level.
2. This distinction is important because it helps us to see how difficult it could be to sustain the real gross domestic product and employment rates thus making the economy to run at a normal level or achieve its full potentials.
Explanation:
Stickiness or stagnancy of wages can be seen in the fact that it is most time difficult to fluctuate or change the wages of workers overtime. The prices of most goods are also sticky when they remain unchanged over a given period of time. These conditions exist in the short run, and make the economy to run above or below its full potentials. The real GDP and unemployment levels are negatively affected.
In the long run, flexibility of wages and prices are achieved and this makes the economy to run at its full potentials. The real GDP as well as the employment rate are at their optimum level then.
You can buy an item for $140 on an in-store payment plan with the promise to pay $140 in 90 days. Suppose you can buy an identical item for $128 cash. If you buy the item for $140, you are in effect paying $12 for the use of $128 for three months. What is the effective annual rate of interest
Answer:
the effective annual rate of interest is 37.50%
Explanation:
The computation of the effective annual rate of interest is as follows:
Interest = Principal × rate × time period
$12 = $128 × rate × 3 months ÷ 12 months
$48 = $128 × rate
rate = 37.50%
Hence, the effective annual rate of interest is 37.50%
We simply applied the above formula so that the correct annual rate could come
A person studying economics chooses to buy an economic textbook for their class, even though it means they cannot afford to buy a video game they want. This shows an understanding of
Answer:
d consequences and tradeoffs.
Explanation:
just took the test its d figured ill answer your question since you haven't been answered yet. good luck on your tests
Answer:
Explanation:D
Financial reports are created and used to evaluate the financial performance of the business. Which function is responsible for creating the reports
The correct answer to this open question is the following.
Although there are no options attached, we can say the following.
Financial reports are created and used to evaluate the financial performance of the business. The function that is responsible for creating the reports is Financial Accounting.
One of the most important areas of a company is the financial department because it has to keep healthy numbers and finances in order to make the corporation to prosper.
Financial Accounting is the area that records and reports every single transaction of the company and then prepares all the reports needed by lay to show the transparency of the records. Among others, these reports are the cash flow statement, the balance sheet, and all the financial statements that show managers and owners how the company is doing.
What is a political argument for regional economic integration? Multiple Choice It reduces the potential for violent conflict. It creates opportunities for entrepreneurism. It tends to increase national sovereignty. It stimulates economic growth. It increases trade diversion.
Answer:
The political argument for regional economic integration is that:
It reduces the potential for violent conflict.
Explanation:
Regional economic integration is a well-known tool for reducing violent conflict between nations within a geographic region. Other benefits include the creation of economic opportunities for entrepreneurs with expanded markets. It thereby stimulates economic growth within the region. It does not increase national sovereignty but increases trade diversion from productive exporters to less capable nations.
FVA Inc.’s net income for the most recent year was $40,825. The tax rate was 24 percent. The firm paid $10,320 in total interest expense and deducted $10,570 in depreciation expense. What was the cash coverage ratio for the year?
Answer: 7.23 times
Explanation:
Cash coverage ratio = Cash available/ Interest expense
Cash Available = Net Income before tax + Interest expense + Depreciation
= (40,825 / (1 - 24%)) + 10,320 + 10,570
= $74,607.11
Cash coverage ratio = 74,607.11/10,320
= 7.23 times
2008 crisis question.
Answer: b. Glass Steagal separated the commercial loan balance sheet of a bank from the investment banking arm (a much riskier part of bank operation). It was important because without this separation, when a bank fails due to bad investments, it also fails all of its commercial duties to keep the economy liquid.
Explanation:
The 1920s came with a fast rising American economy. The stock market portrayed this rise by making huge profits for the public and so people wanted to get into stocks more and more until the stock market crashed and million lost money.
Some of those who participated had borrowed the funds from commercial banks which now had losses as they had loaned out money that could be used for other commercial duties. The proponents of Glass Steagal believed that separating a bank's commercial side from investing would fix this.
itemise the importance of marketing in an economy
Answer:
Marketing drives a consumer economy, promoting goods and services and targeting consumers most likely to become buyers. Higher sales for a business that employs successful marketing strategies translate into expansion, job creation, higher tax revenue for governments and, eventually, overall economic growth.
Which process is used to produce very high volume products where little product variety is required? A. job shop B. batch production C. project D. mass assembly
Answer:
D. mass assembly
Explanation:
Mass assembly is a process used to produce very high volume products where little product variety is required.
This ultimately implies that, mass assembly is a manufacturing technique used by various industries or companies to produce standardized products (goods) in large quantities through the use of automated machineries or assembly lines from start to finish.
Hence, mass assembly avails business owners the ability or opportunity to manufacture their products in large quantities so as to enable them meet the needs or requirements of their customers for a long period of time.
Antitrust decisions based on the rule of reason depend on:
a. Both firm behavior and market structure
b. Firm behavior
c. Market structure
Answer:
Option A: Both firm behavior and market structure
Explanation:
The rule of reason is a form of a judicial analysis that address if anticompetitive agreement is actually a advisable or reasonable restraint of trade, courts will look at the agreement's purpose, parties' capacity to implement the agreement to achieve the purpose. It significantly impliese that court studies the things around business practice and deciding if it helps or hurts competition.
An Antitrust is simply a federal and a state statutes to contradict or protest commerce from certain withhold of trade, such as price fixing and others.
A company reported average total assets of $1,240,000 in Year 1 and $1,510,000 in Year 2. Its net operating cash flow was $102,920 in Year 1 and $138,920 in Year 2. (1) Calculate its cash flow on total assets ratio for both years. (2) Did its cash flow on total assets improve in Year 2 versus Year 1
Answer:
A. Year 1 8.3%
Year 2 9.2%
B. Yes
Explanation:
(1) Calculation for its cash flow on total assets ratio for both years
Using this formula
Cash flow on total assets ratio =Net operating cash flow/Average total assets
Let plug in the formula
Year 1 Cash flow on total assets ratio=$102,920/$1,240,000
Year 1 Cash flow on total assets ratio=8.3%
Year 2 Cash flow on total assets ratio= 138,920/1,510,000
Year 2 Cash flow on total assets ratio= 9.2%
(2) Based on the above calculation YES it's cash flow on total assets improve in Year 2 versus Year 1
the area of a rectangle is 600 cm2 and its breadth is two-third of its length find the length and breadth of the rectangle
Given:
Area of a rectangle is [tex]600 \text{cm}^2[/tex].
Breadth is two-third of its length.
To find:
The length and breadth of the rectangle .
Solution:
Let x cm be the length of the rectangle.
Then, Breadth or width of the rectangle = [tex]\dfrac{2}{3}x[/tex] cm
Area of a rectangle is
[tex]Area=Length \times Breadth[/tex]
[tex]600=x \times \dfrac{2}{3}x[/tex]
[tex]600=\dfrac{2}{3}x^2[/tex]
Multiply both sides by 3.
[tex]1800=2x^2[/tex]
Divide both sides by 2.
[tex]900=x^2[/tex]
Taking square root on both sides.
[tex]\pm \sqrt{900}=x[/tex]
[tex]\pm 30=x[/tex]
Length cannot be negative. So, x=30.
Now,
Length = [tex]30\text{ cm}[/tex]
Breadth = [tex]\dfrac{2}{3}\times 30\text{ cm}[/tex]
= [tex]2\times 10\text{ cm}[/tex]
= [tex]20\text{ cm}[/tex]
Therefore, the length of the rectangle is 30 cm and the breadth is 20 cm.
When using QuickBooks Online Accountant, Diane Doolittle opens a client's QuickBooks Online company from her Client Dashboard. Where can she see which apps are connected to the client's account without logging out of the account?
Answer: d. Left navigation > Apps
Explanation:
QuickBooks Online is a very useful accounting software that caters for the accounting needs of millions of small and medium type businesses including novices due to its simple interface.
Should Diane Doolittle want to see the apps that are connected to her client's account she should click on the left navigation and on the list she will see Apps (below work). Clicking on this would give the required information.
In a market economy resources tend to be allocated optimally. Discuss how the interaction of consumers and producers makes this happen.
Answer:
Under the capitalist structure, the distribution of services is highly reliant mostly on price fluctuations of the commodities itself. For both buyers as well as vendors in the industry, price serves as a predictor.
Sellers can use heavy priced limited raw commodities (e.g. the copper industry) or tools to manufacture high-value items to be specifically given specific pricing details. Similarly, only those buyers who see profit in buying those better priced goods would also enable them to maintain equilibrium within the scheme.
The TSA suits:
A.
Engineering students.
B.
Construction students.
C.
Technology students.
D.
STEM students.
Answer:
STEM Students - TSA focuses on all areas of stem, not just technology.
Explanation:
got it correct
During a period, 38,200 units were completed and 5,300 units were in ending WIP Inventory. Ending WIP was 70% complete for direct materials and 50% complete for conversion costs. What are the equivalent units for conversion costs
Answer: 40,850 units
Explanation:
38,200 units were already completed.
Of the ending WIP, conversion costs were:
= 50% * 5,300
= 2,650 units
Total Equi. units = 38,200 + 2,650
= 40,850 units
Jonathan wants to create a web page visually. Which of the following should he use?
HTML
Java
Text Editor
WYSIWYG
Answer:
HTML
Explanation:
Answer:
HTML
Explanation:
Masters, Inc., has sales of $37,900, costs of $15,000, depreciation expense of $2,400, and interest expense of $1,310. If the tax rate is 25 percent, what is the operating cash flow, or OCF?
Answer:
Operating cash flow= $16,792.5
Explanation:
Giving the following information:
Masters, Inc., has sales of $37,900, costs of $15,000, depreciation expense of $2,400, and interest expense of $1,310.
To calculate the operating cash flow, we need to use the following structure:
Sales= 37,900
COGS= (15,000)
Gross profit= 22,900
Depreciation= (2,400)
Interest= (1,310)
EBT= 19,190
Tax= (19,190*0.25)= (4,797.5)
Depreciation= 2,400
Operating cash flow= 16,792.5
Opportunity cost occurs because of a producer’s need to
limit resources.
protect resources.
allocate resources.
spend resources.
Mark this and return
Answer:
allocate resources.
Explanation:
Scarcity of resources makes producers make choices on how to use the few available resources. Like other people, producers will want to do many things but are restricted by a lack of resources. Time and money are examples of scarce resources. They have to allocate the available resources among different needs and wants.
Opportunity cost is measured by calculating the value of the next best alternative.
Answer:
C On Edge Jan 2021
Explanation:
Suggest and explain four activities that would be ""customer focused"" in nature
Answer:
1. Efficient customer-care
2. Personalization of products
3. A transparent distribution network
4. Requesting feedback from customers
Explanation:
An organization that is customer-focused has policies in place that are relatable to the customer and make his journey through the business easier.
Activities and policies that are customer-focused in nature include;
1. A well trained customer service personnel that listen to the needs of the customers, and solve them.
2. Designing of products that fit into the needs of customer segments shows that the organization has the customers at heart.
3. Honesty and clarity in dealing with customers at every stage of the business shows that the organization is customer-focused.
4. Feedback requests helps the organization know what the customer's concerns are and how to deal with them.
Which of the following best describes a player's role in any game?
O A. The name of his or her character.
O B. The number of turns he or she gets to take.
O C. The way he or she scores points.
O D. The actions expected of him or her.
Stratton shipyards has 10 million dollars of sales and six million of operating cost including depreciation the company has 20 million of investor supplied operator Capital that has a cost of capital of 10% what is the firm's economic value-added to get from the company's overall tax rate of 40%
Answer:
Stratton Shipyards
The firm's economic value-added is:
$0.4 million
Explanation:
a) Data and Calculations:
Sales revenue = $10 million
Operating cost = 6 million
Pre-tax Income = $4 million
Income tax (40%) 1.6 million
After tax income $2.4 million
EVA = $2.4 million - ($20 million * 10%)
= $0.4 million
b) Stratton Shipyards Economic Value-Added (EVA) = the Net Operating Profit after Tax (NOPAT) – the product of the weighted average cost of capital (WACC) * capital invested. The EVA shows the real value creation by the company above its cost of capital.
An increase in a current asset account, other than cash, results in an addition in calculating operating cash flows.
a. True
b. False
When a current asset account other than cash increases, the calculation of operating cash flows is increased. is a true assertion.
What is Cash Flow?The net balance of money coming into and going out of a business at a particular period is referred to as cash flow. A firm constantly receives and expends cash. Cash flow refers to the quantity of money that a business gets or transfers to its debtors in the form of cash or cash equivalent. Analysis of the company's liquidity condition sometimes involves cash flow analysis.
A rise in current liabilities indicates that only expenses have been recorded and not yet received in cash. As a result, an increase in current liabilities results in an increase in income adjustment.
Therefore, The calculation of operating cash flows is increased. is a true assertion.
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Divisional income statements do not have to follow generally accepted accounting principles (GAAP) because they are internal reports. True False
Answer:
TRUE
Explanation:
A divisional income statement as the name implies it talks about a summary of the revenue generated in a particular unit within a business enterprise after removing the divisional costs in the same particular unit. Divisional income statements are internal reports so they do not have to follow generally accepted accounting principles (GAAP) as the statements generated are done within an organization. The Generally Accepted Accounting Principles are rules, codes of conduct set by a financial regulating body to make business enterprise, corporate accounting do the right thing whenever they are publishing their financial reports and statements.
A sole proprietorship, a corporation (Subchapter S and Subchapter C) and an LLC are three common entities that are employed by entrepreneurs when starting a business. When weighing the advantages and disadvantages of these three entities, which do you think is the more advantageous business formation for an entrepreneur? Why? Feel free to suggest an alternate business entity if you so desire, but be specific as to why your choice would be better.
Answer:
The more advantageous business formation for an entrepreneur is:
A sole proprietorship.
Explanation:
Easy to start and simple to operate is the sole proprietorship, suitable for an innovative entrepreneur. It provides a better option for a low-risk business, with no additional taxation of income. Since an entrepreneur creates a new business, bearing most of the risks and enjoying most of the rewards, the sole proprietorship form of business provides the best starting point before he or she can join with others.
A vacant lot acquired for $115,000 is sold for $298,000 in cash. What is the effect of the sale on the total amount of the
Answer:
+$183,000
$0
+$183,000
Explanation:
Total assets increased by ($298,000 - $115,000) $183,000.
Total liabilities has no change
Total shareholder equity increased by ($298,000 - $115,000) $183,000.
Why is it important for manufacturing companies to know the manufacturing cost of each of the products they make
Answer:
Manufacturing cost per unit is important to monitor. These, in many ways, represent the efficiency of the production process. If labor, material, or overhead costs appear too high then action must be taken. You must change and balance all of these costs to maximize shareholder value.
Suppose a stock had an initial price of $50 per share, paid a dividend of $.80 per share during the year, and had an ending share price of $38. Compute the percentage total return. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answer:
25.6%
Explanation:
Computation for the percentage total return
Using this formula
Percentage total return=[(Ending share price-Initial price)+Dividend]/Initial price
Let plug in the formula
Percentage total return=[($38-$50)+$.80)/$50
Percentage total return=$12+$.80/$50
Percentage total return=$12.8/$50
Percentage total return=0.256*100
Percentage total return=25.6%
Therefore the percentage total return will be 25.6%
Davis Enterprises has 250,000 shares of $5 par value common stock outstanding. Davis declares $2 dividend on March 2, payable on April 2. The journal entry for the payment of the Cash dividend on April 2 is:_____
Answer with explanation:
Total shares = 250,000
Dividend per share = $ 2
Total dividend = (Total shares) x (dividend ) = 250,000 x 2 = $500,000
So, the journal entry for the payment of the Cash dividend on April 2 would be :
Date particular business transaction Debit Credit
April 2 Dividend payable A/c Dr. $500,000
To cash A/c Cr. $500,000
The journal entries that would take place in the books of Davis enterprises as on April 2nd will take effect as debit in dividend payable Ac which would in turn be credited to the Cash Ac.
Journal entries is a simple format of recording the financial transactions of an organization in a chronological manner as they keep occurring in the business.
There will be debit in dividend payable account which would lead to take entry in the cash ac in the ledger accounts of the organization, here, Davis Enterprises.There are 250000 share outstanding at the end of Davis Enterprises and the dividend of $2 has been declared per share which will lead to declaration of $500000 dividend in amount.This $500000 will be distributed proportionately among the shareholders of the firm by virtue of number of shares being held by them in their demat accounts as on the record date.Hence, the dividend of $500000 will be declared by Davis Enterprises and the journal entries are attached below.
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What is the financial advantage (disadvantage) of making the 73,000 starters instead of buying them from an outside supplier
Answer: Financial advantage of $43,800
Explanation:
The cost to make the starters:
= Direct materials + Direct labor + Variable manufacturing overhead + Supervisor salary
= (6 * 73,000) + (3 * 73,000) + ( 0.6 * 73,000) + (1.90 * 73,000)
= $839,500
Cost to buy them = 73,000 * 12.10
= $883,300
Financial advantage (disadvantage) to making them = 883,300 - 839,500
= $43,800
Rent and depreciation are not relevant to this decision because rent is not directly attributable to this product and depreciation is not based on wear and tear.
What do you have to do to learn and be a pilot
.1 learn to play radio
2. Learn to fly
3 learn to fly and land and set off
SO EASY
Answer:
All of the above (That is to regulations)
Explanation:
Although if you had to choose one it would be 3. learn to fly, land and set off.,
