merchandise with an invoice price of $5,000 is purchased on september 2 subject to terms of 2/10, n/30, fob destination. freight costs paid by the seller totaled $200. what is the cost of the merchandise if paid on september 12, assuming the discount is taken? $5,200 $5,096 $4,704 $4,900

Answers

Answer 1

When a potential customer enters your store, merchandise refers to everything you do to advertise and sell your products. When we discuss merchandise, we are usually referring to goods that may be purchased, usually in a retail setting.

Explain about the merchandise ?

Any item you can sell or buy is referred to as merchandise. The term "merchandise" refers to any good that is offered for sale; some examples are groceries at a supermarket, clothing in a retail setting, electronics online, and raw materials in a manufacturing facility.

Given:

On September 2, an invoice for $5,000 is paid under the conditions of 2/10, n/30, and fob destination.

The Seller paid a total of $200 for freight.

Expenses are paid on September 12.

Because September 12 is still inside the 10-day discount period, the payment is made net of discounts.

5,000 x 2% = 100

5,000 - 100 = 4900

If made on September 12, the needed payment is $4900.

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Related Questions

you have one type of nut that sells for $4.60/lb and another type of nut that sells for $8.70/lb. you would like to have 32.8 lbs of a nut mixture that sells for $8.10/lb. how much of each nut will you need to obtain the desired mixture?

Answers

28 lbs of the expensive $8.70/lbs nuts and 4.8 lbs of the cheaper $2.50/lbs is required in order to obtain 32.8 lbs of a nut mixture that sells for $8.10/lbs i.e., the desired mixture.

What are linear equations ?

If a variable consistently exhibits its maximum power, an equation is considered to be linear. Another name given to linear equation is a one-degree equation. The typical form of a linear equation with one variable is Ax + B = 0. In this case, the variables x and A are variables while the variable B is a constant. The traditional form applies to a linear equation with two variables is Ax + By = C. In this case, we have the variables x and y, the coefficients A and B, and the constant C.

Let C be the cheaper nut that costs $4.60/lbs and E be the expensive nut that costs $8.70 :

4.6C + 8.7E = 32.8(8.10)

4.6(32.8-E) + 8.7E = 265.68

150.88- 4.6E + 8.7E = 265.68

4.1E = 265.68 -150.88

E = 114.8/4.1

E = 28 lbs

C = 32.8 - 28

C = 4.8 lbs

Therefore, the required quantity of the expensive $8.70/lbs nuts is 28 lbs and  cheaper $2.50/lbs nuts is 4.8 lbs.

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2. hunter, inc. analyzed its accounts receivable balances at december 31, and arrived at the aged balances listed below, along with the percentage that is estimated to be uncollectible: aging group balance in a/r probability of non-collection 0-30 days past due $90,000 1% 31-60 days past due 20,000 2% 61-120 days past due 11,000 6% 121-180 days past due 6,000 10% over 180 days past due 5,000 25% the company handles credit losses using the aging of accounts receivable method. the credit balance in the allowance for bad debt (abd) account is $820 on december 31, before adjusting entries. the adjusting entry for estimated bad debt on december 31 will include: a) a debit to allowance for bad debt for $3,810 b) a credit to allowance for bad debt for $3,810 c) a debit to allowance for bad debt for $2,990 d) a credit to allowance for bad debt for $2,990

Answers

Adjusted balance in Allowance account required - CREDIT $3,810, Unadjusted balance in Allowance account existing - Credit (Debit) $820 and Bad Debt Expense [Adjusted balance - Unadjusted balance]$2,990

What is Bad Debt Expense?
When a receivable is no longer recoverable because a client is unable to fulfil their responsibility to pay an outstanding debt owing to bankruptcy or other financial troubles, a bad debt expense is reported. Companies that give credit to their customers disclose bad debts on their balance sheets as an allowance for uncertain accounts, often known as a provision on credit losses. Bad debt charges are often recorded on the income statement as a sales and general administrative expense. Recognizing bad debts reduces accounts receivable just on balance sheet, however businesses maintain the right to collect payments if circumstances change.

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suppose that the consumption function is c = $500 + 0.8yd, where yd is disposable income. if income increases by $2,000, consumption will increase by:

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c = $2100.

The consumption based on the given function is $2100.

Explain consumption function?The relationship between consumer spending and the various factors influencing it is known as the consumption function in economics. At the level of the household or family, these variables may include wealth, interest rates, age, education, and family size. They may also include expectations about the level and riskiness of future wealth or income.C = c+bY is described by the consumption function equation. The value of total consumption will rise if the value of (By) is higher. It clearly states that as income rises, expenses must follow suit. We must take into account the fact that the rate of income growth exceeds the rate of expenditure growth.Consumption grows by the MPC times an increase in income for every dollar of income. As a result, the MPC is the slope of the consumption function.

Given here,

Disposable income = $2,000.

The consumption equation ,c= 500 + 0.8yd

We could calculate consumption by adding the following to the equation: c= 500 + 0.8yd

c = 500 + 0.8(2000)

c = 500 + 1600

c = 2100  

∴ The consumption is $2100 as a result.

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rtf, inc. common stock pays an annual dividend that increases by 4.4% annually. the expected rate of return on this stock is 8.2%. what is the dividend yield?

Answers

The yearly dividend paid by RTF Inc. common stock increases by 4.4% annually, and its predicted rate of return is 8.2%. Hence, the dividend yield is 3.8%.

What is a dividend yield ?

The dividend yield, which is expressed as a percentage and is a financial ratio (dividend/price), shows how much a company pays in dividends each year in comparison to the price of its stock.

Price/Dividend, often known as the dividend payout ratio, is the counterpart of dividend yield.

A stock investment's projected return on dividends only is represented by the dividend yield. If the dividend is not increased or cut, the yield will rise as the price of the stock falls. In the reverse situation, it will fall as the stock price rises. Dividend yields can appear excessively high for stocks that are declining quickly because they fluctuate in relation to stock prices.

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How is the equilibrium price of a product related to the equilibrium quantity, and how can these values be determined?.

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The equilibrium price is the rate at which the quantity demanded equals the quantity provided. it's far determined by using the intersection of the demand and supply curves. A surplus exists if the amount of a great or carrier provided exceeds the quantity demanded at the modern charge; it reasons downward pressure on charge.

Demand is the quantity of a good that consumers are willing and capable of purchase at various expenses all through a given time. the connection among fee and amount call for is likewise referred to as the call for curve.

Demand curve, in economics, a photo illustration of the connection among product fee and the amount of the product demanded. it's far drawn with price at the vertical axis of the graph and amount demanded at the horizontal axis.

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the global solution to the global-local dilemma refers to group of answer choices customization of products to regional but not country differences. responding to differences in the global markets in which a company operates. none of the above conducting business similarly around the world.

Answers

The global solution to the global-local dilemma refers to conducting business similarly around the world.

Multinational Corporations or MNC's are setup in different parts of different countries in order to maintain a balance in trade and also to promote the varieties in goods and services offered. MNC's face many challenges within a particular country. There is a constant demand for certain goods or services by consumers and the MNC's need to maintain enough surplus of that particular commodity in order to fulfill the needs of the people. This is called as Global-local dilemma. The services provided by them are according to the needs of people. The solution to this problem of global-local dilemma is known as Global solution which includes maintaining and providing better quality and quantity of goods and services.

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Complete Question:

The global solution to the global-local dilemma refers to

a. Conducting business similarly around the world.

b. Responding to differences in the global markets in which a company operates.

c. Customization of products to regional but not country differences.

d. None of the above

whenever the president of the local public university promotes the institution, he emphasizes the university's price (much lower than neighboring private colleges) and high quality. he is positioning the institution based primarily on

Answers

The President of the local public university is positioning the institution based primarily on the value proposition.

What is value proposition ?

A value proposition is a short sentence that expresses the advantage of your product or service that you guarantee to provide for your clients. In the end, it's what draws your ideal buyer to your goods. A value proposition explains what your company does better than the competition and the benefits of working with you or purchasing your goods.

A strong value proposition satisfies three requirements:

It is particular: What particular advantages would your target customer get?It is customer-focused: How will your product alleviate their suffering or enhance their quality of life?How is it exclusive and desired at the same time? How well does it draw attention to your competitive advantage and distinguish you from rivals?

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The pull model is also called ________ which means the production process begins with a ________ so that a company only makes the products and quantities that their customers actually want.

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The pull model is also called the production model, which means the production process begins with a customer order so that a company only makes the products and quantities their customers want.

In a supply chain driven by demand instead of forecasts, distribution, production, and procurance area unit are all demand-driven. The number and period of products production area units needed.

A pull system could be a lean-producing technique to chop waste within the production method. During this reasonable system, components used within the production method area unit are solely modified once used, limiting the quantity of merchandise created to the number required to satisfy shopper demand.

As a result of the actual fact that merchandise area units are solely created once there's a solid demand from customers, this manner of producing approach is understood as a pull-provide chain operation. A drawing issue is an associate degree impetus that encourages someone to relocate to a different space or nation.

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if a firm with market power maximizes profit by producing at the unit elastic point on the demand curve, then a. it has no direct competitors. b. its marginal cost must be zero at the profit-maximizing level of output. c. demand must be perfectly elastic. d. it cannot be in long-run equilibrium.

Answers

(B) A company's marginal cost must be zero at the profit maximizing level of output if a firm  producing at the unit elastic point.  It is because at the point with unit elasticity, changes to prices do not affect total revenue.

The demand curve can be described as a graphical representation of the relationship between the quantity demanded for a given period of time and the price of a good or service. In a typical representation,  the quantity demanded on the horizontal axis while the price will appear on the left vertical axis. Based on the statement above, a marginal cost must be zero because changes in quantity exactly offsets changes in price.

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suppose that at tlie beginning of the year, a vermont maple syrup distributor found that the demand for maple syrup, sold at $15 a quart, was 500 quarts each month. at that time, tlie price was going up at a rate of $0.50 a month, but despite this, the demand was going up at a rate of 30 quarts a month due to increased advertising. how fast was the revenue increasing?

Answers

The revenue is increasing at the rate of $700 per month

Let the demand function as a function of time be = d(t)

Let the price function as a function of time be = p(t)

Demand for maple syrup d(t) = 500 quartz per month

The selling price of maple syrup p(t) = $15 per quartz

The rate at which demand was going up d'(t) = 30 quartz per month

The rate at which maple syrup was going up p'(t) = $0.50

Revenue function to find how fast revenue was increasing -

R(t) = p(t) × d(t)

Differentiating the equation -

R'(t) = p(t)d' + p'(t)d(t)

Putting the values -

R'(t) = (15)(30) + (0.50)(500)

R'(t) = 450 + 250

R'(t) = 700

The revenue is increasing at the rate of $700 per month

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there are two bonds identical in every way except for their coupons and their prices. both have 12 years maturity. the first bond has a 10 percent coupon rate and sells for $935.08. the second one has 12% coupon rate. what it would well for?

Answers

The values of the identical coupons from two bonds. Both people are 12 years of age. The first bond costs $935.08 and has a 10% coupon rate. 12% is the coupon rate for the second one. The price would be $1,064.92.

A coupon is a ticket or document that may be redeemed for a monetary discount or rebate when buying a product in marketing. Coupons are typically distributed by merchants or CPG manufacturers for use in retail stores as a part of sales promotions. They are frequently extensively distributed through the mail, coupon envelopes, magazines, newspapers, the Internet (social media, email newsletter), directly from the retailer, and mobile devices like cell phones.

According to the New York Times, each household received "more than 900 manufacturers' coupons," and the United States Department of Agriculture predicts that "four out of every five families use coupons."

Only 4% of the received coupons were actually used.

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differences across international markets in voltage patterns affect the blank element of the marketing mix. multiple choice question. promotion price product place

Answers

Differences across international markets in voltage patterns affect the product element of the marketing mix.

What is the marketing mix?

This is the term that is used to refer to the combination of products that has to do with the price, the places and the promotions of the products as well.

It is a combination of all of the elements that I have mentioned above that is referred to as the four Ps.

The four elements in the marketing mix are known to have a strong dependency level within themselves.

Hence the product is the solution that we have here because it is the differences that lies in the voltage patterns.

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suppose that a credit card holder transfers ownership of his cell phone to his sister, who soon thereafter drops the phone in water and destroys it. even if the credit card holder has credit card-related cell phone replacement insurance, he would most likely not be able to recover the value of the phone, since he did not have a(n) interest in the phone.

Answers

Suppose that a credit card holder transfers ownership of his cell phone to his sister, who soon thereafter drops the phone in water and destroys it even if the credit card holder has credit card-related cell phone replacement insurance, he would most likely not be able to recover the value of the phone, since he did not have an insurable interest in the phone.

Convenience, credit-building, 0% financing, incentives, and affordable currency conversion are just a few of the benefits of using credit cards. Credit card drawbacks include the possibility of easy overspending, which may result in pricey debt if you don't pay it off in full, as well as damage to your credit score if you miss payments. Credit insurance, often known as payment protection insurance, is a type of insurance-linked to a particular loan or credit card account. If you are unable to pay the sum due or the installments, the protection will do so on your behalf.

It is universally accepted that when a life insurance policy is used as security for a debt, the creditor has an insurable interest in the life of the debtor. 44 There are several ways for a creditor to get money from a debtor's life insurance policy.

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is the legitimate power granted by the organization and acknowledged by the employees. group of answer choices functionalization coordination cooperation centralization authority

Answers

Authority refers to the legitimate power which is granted by the organization and acknowledged by the employees. Thus, the correct answer is option (e) authority.

Authority is the legitimate power that is provided by an organization and practiced by employees. Authority establishes the power and right of an individual to allocate and use resources efficiently, to take decisions, and to give orders so as to achieve organizational goals and objectives.

Authority is typically provides a framework for responsibility that flows from top to bottom within the hierarchy of an organization.

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8. an airline sells 120 tickets for a flight that seats 100. each ticket is non-refundable and costs $250. the unit cost of flying a passenger (fuel, landing fees, etc.) is $110 and assumes that every flight is full. if the flight is overbooked, each person who does not get a seat is given $400 in cash. assume it is equally likely that any number of people between 91 and 120 show up for the flight. rounded to the nearest thousand, what is the average expected profit the flight will generate? $10,000 $14,000 $16,000 $22,000

Answers

The average expected profit the flight will generate = $14000

total ticket sell 120

per ticket cost $250

total earning by selling  = 12*250 = $3000

unit cost of flying a passenger is $110

cost of flying for 100 passenger = $110*100 = $11,000

Let x represent the passenger count between 91 and 100.

if 91\leq x\leq 100 , therefore all passenger get the seat

hence profit of the airline is 11000 - 80×X

if  101≤X≤120 then (x-100) will not get the seat

therefore airline has to pay $400(x-100)

profit for the airline will be =  3000 - 11000 - 400(x-100)

                                           = $12000 - $400x

Calculate the average airline profit by adding 91 to 120 and dividing by 120 to arrive at 92=1.

1÷30 (∑ (3000- 110x) + ∑ ($12000 - $400x)

after solving we get

= $14000

what is average expected profit?

The likelihood of making a profit is multiplied by the payoff's profit to determine expected profit, and the probability that specific costs will be incurred is multiplied by the cost to determine expected cost. By dividing the profit amount by the likelihood of realizing that profit, one can determine the expected profit under a probability demand distribution.

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you want a seat on the board of directors of four keys, incorporated. the company has 230,000 shares of stock outstanding and the stock sells for $51 per share. there are currently 5 seats up for election. the company uses straight voting. how many shares do you need to guarantee that you will be elected to the board?

Answers

If you want a seat on the board of directors of four keys, incorporated. the company has 230,000 shares of stock outstanding and the stock sells for $ 51 per share and  there are currently 5 seats up for election. the company uses straight voting. he number of shares you need to guarantee that you will be elected to the board is 38,334 shares.

Determining the number of shares

First step is to find the percentage of the numbers of shares needed

Percentage of numbers of shares needed=1/(1+5)

Percentage of numbers of shares needed=1/6

Percentage of numbers of shares needed=16.6667%

Second step is to calculate the total number of shares

Total number of shares = 230,000 shares ×16.6667%

Total number of shares = 38,331 shares

Hence, you will be to have 38,334 shares  (38,331 +1)

Therefore the number of shares is 38,334 shares.

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coral company issues 6,000 shares of its $5 par value common stock having a fair value of $25 per share and 9,000 shares of its $15 par value preferred stock having a fair value of $20 per share for a lump sum of $297,000. what are the proceeds allocated to the common stock?

Answers

Coral company issues 6,000 shares of its $5 par value common stock having a fair value of $25 per share and 9,000 shares of its $15 par value preferred stock having a fair value of $20 per share for a lump sum of $297,000.

=[(6,000 × $25) ÷ [(6,000 × $25) + (9,000 × $20)]] × $288,000

= $130,909.

Shares, also known as stocks, are securities that represent partial ownership of the issuing company. A unit of stock is called a "share" and allows the holder to receive a portion of the company's assets and profits equal to the number of shares held.

Shares represent ownership of the listed company. When you buy stock in a company, you become a joint owner of that company. For example, if a company owns 100,000 shares of him and he buys 1,000 of them, he owns 1% of the company. Equity means a share of ownership in a company. An example stock is 100 shares of Disney Corporation.

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jessica's sports wear has $38,100 in receivables and $523,700 in total assets. the total asset turnover rate is 1.17 and the profit margin is 7.3 percent. how long on average does it take to collect the receivables? assume a 365-day year.

Answers

22.70 days are the average collecting period.

proper choice is a 26.91 days

as evidence

Inventories = $38,100

assets total $523,700.

Rate of total asset turnover: 1.17

Profit margin is 7.3%.

Total Asset Turnover Ratio is said to be equal to Sales minus Total Assets.

in this case, a sale

sales = (523700 × 1.17)

sales = $612729

and

The anticipated profit is 7.3% or $612729.

Earnings = $44729.217

therefore, we have accounts receivable turnover.

Customer receivables Sales minus Accounts Receivable equals turnover.

so

turnover of the accounts receivables =

Turnover of receivables = 16.08

and

The typical collecting time is

22.70 days are the average collecting period.

proper choice of collecting period  is  26.91 days

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what is the yield to maturity of a corporate bond with a 3 year maturity, 5 percent coupon (semiannual payments), and $1000 face value if the bond sold for $978.30?

Answers

The yield to maturity rate is 5.80

the yield to maturity rate is calculated as

Bond price-$ 980

Face value-$1,000

Annual pasteboard rate- 5

pasteboard frequencies Annual

Times to maturity 10 times

[tex]bond\ price = \sum_{k=1}^{n} \frac{cf}{(1+r)^k}[/tex]

FV = 1000 PV = -978.30 N = 3 * 2 PMT = 50/2 I/ Y = 2.9 * 2 = 5.80

The bond price is the plutocrat an investor has to pay to acquire the bond. It can be set up on utmost fiscal data websites. The bond price of Bond A is$ 980.

Determine the face value

The face value is original to the star of the bond. For our illustration, face value = $1,000.

Determine the periodic pasteboard rate and the pasteboard frequency

In our illustration, Bond A has a pasteboard rate of 5 and an periodic frequency. This means that the bond will pay$1,000 * 5 = $ 50 as interest each time.

Determine the times to maturity

The n is the number of times from now until the bond matures. The n for Bond A is 10 times

Calculate the bond YTM

The YTM can be seen as the internal rate of return of the bond investment if the investor holds it until it matures and reinvests the pasteboard at the same interest rate. Hence, the YTM formula involves concluding the YTM r in the equation below

where

- CF- Cash overflows, i.e., tickets or the star.

- r- YTM; and

- n- Times to maturity.

For Bond A, the equation looks like For Bond A, the equation looks like:

[tex]980 = \frac{\$50}{(1+r)^1} + \frac{\$50}{(1+r)^2} + \frac{\$50}{(1+r)^3} + ... + \frac{\$50}{(1+r)^9} + \frac{\$1,050}{(1+r)^10}[/tex]

After performing the estimation, our YTM calculator gives a YTM th

After performing the estimation, our YTM calculator gives a YTM th

After performing the estimation YTM that's equal to r = 5.80.

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peta spoke with deanna about how long it should take to finalize menu items and coupon values. what are some risks that might affect the time estimate for uploading menu and coupon content? select all that apply.

Answers

The risks that might affect the time estimate for uploading menu and coupon content are unpredictable carter's schedule and Carter want to revamp the menu before he finalizes the menu and coupon information.

What is project management ?

Project management is the process of carrying out certain project goals in accordance with predefined parameters by using procedures, techniques, abilities, knowledge, and experience. Project management final deliverables are subject to time and budget constraints.

The fact that project management has a final outcome and a limited time frame as opposed to management, which is a continuing process, is a crucial aspect differentiating it from simple management. Therefore, a project professional requires a varied set of skills, including various technical ones, as well as strong people-management and commercial acumen.

When a company seeks to offer a solution to specified needs within a given budget and time limit, it engages in projects, which are distinct from business as usual activities.

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The complete question is mentioned below :

Peta spoke with Deanna about how long it should take to finalize menu items and coupon values.

What are some risks that might affect the time estimate for uploading menu and coupon content? Select all that apply.

a. Carter's schedule can be unpredictable

 b. Restaurant customers are not interested in coupons

 c. Waitstaff have not yet been trained to use the tablets

d.  Carter wants to revamp the menu before he finalizes the menu and coupon information

question content area prior to an adjusting entry, prepaid expenses have a.not yet been recorded as expenses b.not yet been recorded as expenses and not been paid c.been incurred and not yet paid d.been recorded as expenses and paid

Answers

Although they have been paid, prepaid expenses have not yet been reported as such.

Prepaid expenses are ones that have already been paid for but have not yet been reported as such by a business. To put it another way, prepaid expenses are costs that are paid in one accounting period but won't be recorded until a subsequent accounting period. Because they will have future economic benefits and will be expensed when those benefits materialize, prepaid expenses are initially reported as assets (the matching principle).

Referring to the first instance of prepaid rent, a company's financial statements are unaffected by the initial journal entry for a prepaid expense. Prepaid rent is debited in the first journal entry and cash is credited accounting period.

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Which financial statement shows how much cash was paid for newly acquired property, plant and equipment when cash is used for part or all of the purchase?.

Answers

When cash is used for all or a portion of the transaction, the statement of cash flows shows how much was paid in cash for newly acquired property, plant, and equipment. The cash inflows and outflows for the time period covered by the statement are displayed in the statement of cash flows.

What is cash flow?cash flows shows how much was paid in cash for newly acquired property, plant, and equipment. The cash inflows and outflows for the time period covered by the statement are displayed in the statement of cash flows.Initially, the cost of purchasing equipment is not shown on the revenue statement. Instead, it is shown as a rise in the line item for fixed assets on the balance sheet.Income Statement: A cash outflow related to the purchase of equipment can be seen under Cash Flow from Investing Activities.If you pay cash for it: The following three effects occur when equipment is acquired with cash in such a situation: The balance sheet's asset value increased but the cash balance decreased. Depreciation on the income statement increased. reported in the cash flow statement's investment section.  

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which one of the following expenses for retirees is most likely to increase? multiple choice medical expenses federal income taxes clothing expenses work-related expenses housing expenses

Answers

Medical expenses are most likely to increase for retirees.

This is because especially in their older years, healthcare is one of the major expense concerns for retirees. To begin saving and planning a budget for future healthcare costs, it is a good idea to familiarize yourself with industry statistics regarding healthcare costs above and above what is covered by Medicare parts A and B.

In total, the median retiree spent $4,311 on medical expenses, with most of that money going toward Medicare premiums. In 2022, the monthly premium for Medicare Part B, which is medical insurance, was $170.10.

What is Healthcare?

The enhancement of one's health through the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in humans is known as healthcare. Health professionals and other allied health areas provide healthcare.

What does healthcare serve as a purpose ?

The main goal of health care is to improve health in order to improve quality of life. To maintain their valuation and continue to operate, commercial enterprises concentrate on generating financial profit. For health care to live up to its promise to society, it must prioritize generating social profit.

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housing expenses are the major concern

Why are housing expenses major concern?

retirees aged 65 and above spent an average of $16,880 per year on housing alone, adding a total of $1,406.67 to their monthly expenses. The following year, 2021, saw a slight increase in housing costs for retirees.the biggest expense for most retirees is still housing. This expense category includes:Mortgage paymentsUtilitiesHomeowners association feesInsuranceProperty taxesMaintenance or repairsPaying rentThe first ten years of retirement are usually linked to higher housing costs. The younger retirees, those aged 65 to 74, spent an average of $18,027 per annum in 2020, while, for the rest of the retirees, those costs were only a little over $15K.A recent study from Harvard University shed light on why that is. The study showed that almost half of retirees aged 65 to 79 are still paying a mortgage, while that number drops to roughly a quarter for retirees 80 and up. Therefore, we can safely assume that a good portion of an average American retiree's housing expenses goes toward paying their mortgage, which is quite surprising.

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you purchase a new car (produced this year) for $38,000. after six months, you sell the car for $31,500. how much does gdp rise because of these two transactions?

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For $38,000, one person bought a brand-new automobile that was made this year. The automobile was sold for $31,500 after six months. Due to these two trades, the GDP increased by $38,000.

What does transaction mean?

An agreement that has been fulfilled between a buyer and a seller to trade goods, services, or financial assets in exchange for cash is referred to as a transaction.

In corporate accounting, the phrase is also frequently used. This simple definition can be difficult to apply in business bookkeeping. The definition of a simple transaction model is an economic interdependence model that includes a matrix of transactions.

Along with a matrix of independent responses or injections and a matrix of dependent responses under the premise that the distribution of outgoings is dependent on the sum of incomings.

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yusef has just finished compiling a list of potential customers and evaluating their ability, willingness, and authority to buy. he knows his next step in the personal selling process is to

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Yusef has just finished gathering a list of prospective clients and assessing their capacity, eagerness, and authorization to purchase. The pre approach is his next move in the personal selling process, he is aware of this.

What is a marketing strategy?

A marketing strategy is a company's overarching plan for connecting with prospective consumers and persuading them to purchase its services or products. A marketing plan typically includes the value proposition of the company, key brand messages, data on target customer demographics, and other significant elements.

The 4 Ps of marketing—product, pricing, place, and promotion—are covered in-depth in a marketing strategy.

A well-defined marketing strategy should center on the firm's value proposition, which tells customers what the company stands for, how it operates, and why it deserves their business.

This creates a structure for marketing teams to adopt when they create strategies for all of the company's products and services.

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A ________ occurs when a speculative attack on the exchange value of a currency results in a sharp depreciation in the value of the currency or forces authorities to expend large volumes of international currency reserves and sharply increase interest rates to defend the prevailing exchange rate.

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A currency crisis is described as a speculative assault on a currency's foreign exchange value that causes a severe depreciation or compels the government to sell foreign exchange reserves and hike interest rates at home to defend the currency. included in 2013's The Evidence and Impact of Financial Globalization.

How does a monetary crisis unfold?Currency crises have occurred frequently in recent history. These include a sudden and significant devaluation of a country's currency, along with erratic markets and a lack of confidence in the economy. Even though currency crises are frequently abrupt, they can occasionally be predicted.The value of each unit of currency decreases as production falls more quickly than the amount of money available. The most prevalent monetary phenomenon, inflation, is created the other way around when the money supply increases more quickly than output.The term "currency of issue" refers to the currency in which a Series of securities issue terms indicate that the issuer will pay all principal, premium (if any), and/or interest (if any) payments.The dollar's demise is still incredibly unlikely. Only the likelihood of greater inflation seems credible among the elements required to precipitate a collapse.

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ullrich printing inc. paid out $21,750 of common dividends during the year. it ended the year with $187,900 of retained earnings versus the prior year's retained earnings of $135,100. how much net income did the firm earn during the year?

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The net income of the firm will be equal to $74550.

Dividends may be defined as a part of the organization which the organization provides its shareholders. Whenever a profit is earned a part of this profit is given to the shareholders. We can determine the net income by using the ending retained earnings. The formula is given by

Ending retained earnings = Beginning retained earnings + Net income - dividends

According to the question, ending retained earnings = $187900, Beginning retained earnings = $135100 and Dividends = $21750

The Net income will be

Net income = ending retained earnings - beginning retained earnings + dividends

Net Income = $187900 - $135100 + $21750

Net Income = $74550 which is the required amount.

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assume straight-line depreciation. a company plans to purchase machinery costing $1,000,000 with salvage value of $200,000 after 4 years. annual income is expected to be $40,000 during the 4 years. calculate the accounting rate of return. round your answer to the nearest tenth of a percent.

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The accounting rate of return for the nearest tenth is 6.67%

The percentage of an average investment that is earned as profit is known as the accounting rate of return (ARR).

ARR is an acronym for average revenue per share.

Average income equals (55k + 40k + 35k + 30,000)/4=40k.

Average investment = initial cost + salvage value divided by two.

= 1,000,000 + 200,000/2 = 600,000

ARR = 40,000/600,000 × 100= 6.67

6.67% is the accounting rate of return to the nearest tenth percent.

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yoko bought a desktop computer and a laptop computer. before finance charges, the laptop cost more than the desktop. she paid for the computers using two different financing plans. for the desktop the interest rate was per year, and for the laptop it was per year. the total finance charges for one year were . how much did each computer cost before finance charges?

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Each computer cost before finance charges could be simply calculated by simple interest rate. If we are not very sure how they want you to calculate the finance charges, but if it's just simple interest then the answer could be find out by:  

Suppose, Let D = cost of desktop

Then L = cost of laptop = D + (whatever the cost of the laptop is)

Putting the values for the cost of desktop and laptop , the cost before finance charges is easy to obtain with the specific amount of interest rate(that should be given). If the cost of the laptop is low as compared to computer desktop, we would prefer laptop.  

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what is a characteristic of monopolistic competition? firms have equal market power many firms sell identical products firms avoid advertising many firms sell differentiated products g

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different firms without changing the costs of products compete with each other

What are monopolistic firms ?

In a market with monopolistic competition, several businesses sell comparable but marginally different goods. This kind of scenario occurs between an openly competitive market and a full monopoly when assessing its levels of competition.

In a market with monopolistic competition, no one business has a complete monopoly over any rivals, and firms have some degree of influence over the pricing they set for their services. As a result, businesses can enter a market rapidly when they believe there is a chance of making money there and exit when they believe there is a smaller chance of doing so. Businesses in these sorts of marketplaces frequently make money in the near term, but making money long term may take more innovation.

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