Consider three closed economies. In the first economy, households spend $0.50 of each additional dollar they earn and save the remaining $0.50. In the second economy, households are satiated, so they do not spend anything of each additional dollar they earn (they save it all). In the third economy, households spend a whole dollar of each additional dollar they earn (they don't save anything). Which of the following statements is correct?
a. In the second economy, the spending multiplier is greater than in the third economy. In the first economy, the spending multiplier is undefined
b. In the first economy, the spending multiplier is greater than in the second economy. In the third economy, the spending multiplier is undefined
c. In the third economy, the spending multiplier is greater than in the second economy. In the first economy, the spending multiplier is undefined
d. In the first economy, the spending multiplier is lower than in the second economy. In the third economy, the spending multiplier is undefined
Answers
Answer:
b. In the first economy, the spending multiplier is greater than in the second economy. In the third economy, the spending multiplier is undefined
Explanation:
This can be easily understood by going through some calculations in a spending multiplier formula.
WORKINGS
The formula for Spending Multiplier = \(\frac{1}{MPS}\)
Spending Multiplier
Economy 1: Multiplier = \(\frac{1}{0.5}\) = 2
Economy 2: Multiplier = \(\frac{1}{1}\) = 1
Economy 3: Multiplier = \(\frac{1}{0}\) = undefined
Note: MPS can be abbreviated as Marginal propensity to save
As we can see here economy 1 is 50% greater than economy 2 and economy 3 is undefined because they spend whole dollar they earn additionally.
On behalf of the above calculations, option B is a perfect match!
Related Questions
Help please xx
Which economic indicator measures economic growth?
Answers
Answer: is GDP over time
An employer's defense to an employment discrimination claim might include a simple demonstration that the employee's evidence is not true. This defense might include all of the following except
Answers
An employer's defense to an employment discrimination claim might include a simple demonstration that the employee's evidence is not true. This defense might include all of the following except "the employee is a known liar".
What is a defense in law?
A defendant may establish a defense in a civil case or criminal prosecution under common law or legislation in order to avoid civil responsibility or criminal guilt.
What is Evidence?
The evidence for a proposition is what backs up that assertion. It is commonly seen as proof that the supported statement is correct. The function of evidence and how it is conceived differs by discipline.
How can a lie be detected during a legal proceeding?
The polygraph is the most well-known tool for detecting deceit through psychophysiological means.
All of these strategies are designed to identify deceit by evaluating indications of changes in the body that are ordinarily undetectable by human inspection.
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Explain in details 4 different ways in which Information is Critical to an entrepreneurship
Answers
Answer:
Information is critical to entrepreneurship in a variety of ways. Here are four different ways in which information plays a crucial role in entrepreneurship:
Market research: Before starting a business, an entrepreneur needs to understand the market they are entering. They need to know who their target audience is, what their needs and preferences are, and how their product or service can fulfill those needs. This requires gathering and analyzing information about the industry, competitors, and potential customers. This information is critical in determining whether there is a viable market for the product or service, and in shaping the business strategy.
Business planning: Information is also critical in developing a comprehensive business plan. A business plan is a document that outlines the objectives, strategies, and financial projections for the business. To create an effective business plan, an entrepreneur needs to gather information about the market, industry trends, regulatory environment, and the financial aspects of the business, such as startup costs and revenue projections. This information helps the entrepreneur develop a realistic plan that addresses potential challenges and opportunities.
Risk management: Entrepreneurship is inherently risky, and information is critical in managing that risk. An entrepreneur needs to gather and analyze information about potential risks and challenges, such as changes in market conditions, economic trends, or technological advancements. This information can help the entrepreneur develop contingency plans, diversify their offerings, or adjust their business strategy to mitigate the risks.
Innovation: Finally, information is critical to driving innovation in entrepreneurship. Entrepreneurs need to stay up-to-date with the latest trends, technologies, and market changes to stay ahead of the competition. They need to gather and analyze information about new products, services, and business models to identify potential opportunities for innovation. This information can help entrepreneurs develop new products or services, improve existing offerings, or create entirely new business models that disrupt traditional industries.
In summary, information is critical to entrepreneurship in market research, business planning, risk management, and innovation. Gathering and analyzing information allows entrepreneurs to make informed decisions, identify opportunities, and manage risks, all of which are essential to building a successful business.
Explanation:
1. Market Research:
Market research is an essential aspect of entrepreneurship. It involves gathering and analyzing information about potential customers, competitors, and market trends. This information can help entrepreneurs identify market opportunities, assess the viability of their business ideas, and make informed decisions about product development, marketing strategies, pricing, and distribution. Without accurate and up-to-date information, entrepreneurs may miss out on opportunities or launch products that fail to meet the needs of their target customers.
2. Financial Planning:
Entrepreneurs need to have a solid understanding of their business's financials to make informed decisions about budgeting, investments, and pricing. They need to know how much money they need to start and run their business, how much revenue they can generate, and what their profit margins are. This information can help entrepreneurs identify potential investors, negotiate with suppliers and partners, and plan for growth and expansion. Without accurate financial information, entrepreneurs may make costly mistakes that could jeopardize their business's survival.
3. Networking:
Networking is another critical aspect of entrepreneurship. Entrepreneurs need to build relationships with potential customers, suppliers, partners, and investors to grow their business. They need to know who the key players are in their industry, what their needs and interests are, and how they can add value. This information can help entrepreneurs identify potential collaborators, negotiate deals, and gain access to resources and expertise. Without networking and access to information, entrepreneurs may struggle to establish themselves in their industry and miss out on critical opportunities.
4. Innovation:
Entrepreneurship is often associated with innovation, and information plays a vital role in this process. Entrepreneurs need to stay up-to-date with new technologies, trends, and ideas that can help them create new products or services or improve existing ones. They need to know what their customers want, what their competitors are doing, and what's happening in their industry. This information can help entrepreneurs identify unmet needs, develop new solutions, and differentiate themselves from their competitors. Without access to information, entrepreneurs may miss out on opportunities to innovate and create value.
In conclusion, information is critical to entrepreneurship in many ways. It helps entrepreneurs make informed decisions, identify opportunities, build relationships, and innovate. Without access to accurate and up-to-date information, entrepreneurs may struggle to succeed in their ventures.
Keyser Mining is considering a project that will require the purchase of $980,000 in new equipment. The equipment will be depreciated straight-line to a zero book value over the 7-year life of the project. The equipment can be scraped at the end of the project for 5 percent of its original cost. Annual sales from this project are estimated at $420,000. Net working capital equal to 20 percent of sales will be required to support the project. All of the net working capital will be recouped. The required return is 16 percent and the tax rate is 35 percent. What is the amount of the after-tax salvage value of the equipment?
A. $17,150
B. $31,850
C. $118,800
D. $237,600
E. $343,000
Answers
The amount of the after-tax salvage value of the equipment is $31,850. Option B
How to find the amount of the after-tax salvage value of the equipment?To determine the after-tax salvage value of the equipment, we need to calculate the salvage value at the end of the project and then apply the tax rate.
Therefore, the salvage value is:
Salvage Value = 5% of $980,000
= 0.05 * $980,000
= $49,000
The tax rate is given as 35 percent, so we can calculate the after-tax salvage value as:
After-Tax Salvage Value = Salvage Value - Tax on Gain
= $49,000 - (Tax Rate * Gain)
= $49,000 - (0.35 * $49,000)
= $49,000 - $17,150
= $31,850
Therefore, the amount of the after-tax salvage value of the equipment is $31,850.
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since noah is worried about completing his research project on time, the most helpful thing he could do is to choose a topic that
a. is broad
b. he has no interest in
c. is easy to research
d. he knows very little about
Answers
Answer:
c
Explanation:
They since Noah is worried about completing his research project on time, the most helpful thing he could do is to choose a topic that is easy to research. Thus, option (c) is correct.
What is research?The term “research” refers to generating and creating new ideas with the help of previous studies and phenomena. Using primary valid sources that have already been published on a subject that is related For example, journals, articles, population data, and historical events are based.
According to the case, Noah is worried about completing his research project. It was the necessary to decide the appropriate significance topic related to the research interested. The topic was the known to the easy to the search a matter and the completing her project.
As a result, the significance of the research are the aforementioned. Therefore, option (c) is correct.
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A project manager is looking over the actual results of projects and comparing them to what was estimated. She notices that the projects that took six months or longer to complete were noticeably more off the estimates. Which of the following factors is she recognizing?
a. Padding estimates
b. Planning horizon
c. Project structure
d. People
e. Organization culture
Answers
The factor that she recognized is the project structure.
The information related to the project structure is as follows:
It is an organizational framework in which the employees could functions on the project on a continuity basis. The team should perform all types of works here.Here the efforts should be considered with regard to the development that could be completed.So the following factors should not be recognized:
Padding estimates.Planning horizon.People.Culture of an organization.Therefore we can conclude that the factor that she recognized is the project structure.
Hence, the correct option is c.
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Robin owns a horse stable and gives riding lessons for children at Pony Camp. His business operates in a competitive industry. Robin gives riding lessons to 20 children per month. His monthly total revenue is $6,000. The marginal cost of the 20th child is $250. In order to maximize profits, Robin should give riding lessons to more than 20 children per month. give riding lessons to fewer than 20 children per month. continue to give riding lessons to 20 children per month. We do not have enough information to answer the question.
Answers
Option A. The conclusion that we can make is that Robin should give riding lessons to more than 20 children per month.
How to solve for the solution6000/20
= 300
300 is greater than 250
Hence we can see that the marginal cost is less than the marginal revenue that Robin gets from the venture.
What is Marginal revenue?This is the term that is used to refer to the additional revenue that he business would obtain based on the fact that they produced an additional unit of a particular service.
In this question we can see that when Q = 20, MC is 250
What this tells us is that at a current output level, marginal revenue is greater than marginal cost, hence the firm would not be maximizing its profit.
When profit is maximized, then we would be having marginal revenue to be equal to marginal cost. MR = MC. Therefore The conclusion that we can make is that Robin should give riding lessons to more than 20 children per month.
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Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04
Answers
The solution to the given question when we consider total cost and total revenue, given in the following table:
The Financial TableQuantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit
------- | -------- | -------- | -------- | -------- | --------
0 | 5 | 5 | 0 | 0 | -5
1 | 11 | 6 | 6 | 6 | 1
2 | 17 | 6 | 12 | 6 | 5
3 | 24 | 7 | 18 | 6 | 4
4 | 31 | 8 | 24 | 6 | -7
5 | 39 | 8 | 30 | 6 | -9
6 | 47 | 8 | 36 | 6 | -11
7 | 55 | 8 | 42 | 6 | -13
As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.
Therefore, the answer to the question is 3.
In summary:
The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.Read more about marginal revenue here:
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What will happen in the market for wine if the price of cheese increases (wine and cheese are complements)?
Answers
If wine and cheese are complement goods, when the price of cheese increases, the demand for wine would decrease.
What are complement goods?Complement goods are goods that are consumed together. An example of complement goods are bread and jam.
According to economic theory, there is an inverse relationship between price and the quantity demanded. When the price of one of the complement good increases, it would become more expensive to consume the good. Thus, there would be a decrease in demand for that good. As a result of the decrease in quantity demanded, there would b a decrease in demand of the other complement good.
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Value Added Inc. buys $1 million of sow’s ears at the beginning of January but doesn’t pay immediately. Instead, it agrees to pay the bill in March. It processes the ears into silk purses, which it sells for $2 million in February. However, it will not collect payment on the sales until April.a. What is the firm’s net income in February?b. What is its net income in March?c. What is the firm’s net new investment in working capital in January?d. What is its net new investment in working capital in April?e. What is the firm’s cash flow in January?f. What is the firm’s cash flow in February?g. What is the cash flow in March?h. What is the cash flow in April?
Answers
Answer:
a. What is the firm’s net income in February?
net income = revenue - costs = $2,000,000 - $1,000,000 (only cost given) = $1,000,000
b. What is its net income in March?
$0, the company didn't sell anything during March
c. What is the firm’s net new investment in working capital in January?
net working capital = current assets - current liabilities = $1,000,000 (inventory) - $1,000,000 (accounts payable) = $0
d. What is its net new investment in working capital in April?
net working capital = current assets - current liabilities = $0
It changed accounts receivables for cash, they are both current assets.
e. What is the firm’s cash flow in January?
$0, it didn't pay anything during January
f. What is the firm’s cash flow in February?
$0, it didn't pay anything during February
g. What is the cash flow in March?
-$1,000,000 since it paid its accounts payable during March
h. What is the cash flow in April?
$2,000,000 since it collected its accounts receivables during April
A new app was released providing consumers with digital coupons for products the consumer indicates they frequently purchase. The app gives different users coupons with different values and shares purchasing as well as demographic information with the product manufacturer. Under what circumstances would the information sharing with product manufacturers be ethical?
Answers
The circumstances that the information would be sharing with product manufacturers be ethical when new app was released providing consumers with digital coupons for products the consumer indicates they frequently purchase is if the app's terms of service indicated who they would be sharing information with and what information would be shared.
What is ethics?Ethics can be described as the moral principles which is been set so as to able to govern a person's behaviour as well as to be able to conduct an activity.
It should be noted that every organization that want to be successful must have the ethics which is the guiding principle that will guide their member of the organization as well as the way they carry out their function in the organization.
In conclusion, in dealing with the app as described in the question then the ethics require that app's terms of service must be followed.
Therefore, the first option is correct.
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Check the missing options:
if the app's terms of service indicated that different users would receive different discount values This scenario is never ethical. if the app ensured that their targeting was not discriminatory based on race, ethnicity, gender, age, or disability if the app's terms of service indicated who they would be sharing information with and what information would be shared
Determine the costs assigned to ending inventory and to cost of goods sold using fifo
Answers
Using FIFO, the cost assigned to ending inventory is $8,296, and the cost assigned to the cost of goods sold is $20,774.
What is FIFO?FIFO simply means First-in, First-Out.
FIFO is a cost flow assumption that assigns cost to the cost of goods sold based on the understanding that the first goods brought into the store are the first to be sold.
Note that under the perpetual inventory system, the cost of goods sold is determined at each sales transaction.
Activities Units Acquired at Cost Units Sold at Retail
Jan. 1 Beg. inventory 285 at $13.40 $3,819
Jan. 10 Sales 250 units $43.40 $10,850
Mar. 14 Purchase 470 units $18.40 8,648
Mar. 15 Sales 400 units $43.40 17,360
July 30 Purchase 485 units $23.40 11,349
Oct. 5 Sales 460 units $43.40 19,964
Oct. 26 Purchase 185 units $28.40 5,254
Totals 1,425 units $29,070 1,110 units $48,174
Ending inventory 315 (1,425 - 1,110)
FIFO:Ending inventory = $8,296 (185 x $28.40 + 130 x $23.40)
Cost of goods sold = Cost of Goods Available for Sale - Cost of Ending Inventory)
= $20,774 ($29,070 - $8,296)
Cost of Goods Sold (Using Perpetual Inventory System):$3,350: 250 units $13.40
$7,185: 400 units ($13.40 x 35) + ($18.40 x 365)
$10,239: 460 units ($18.40 x 105) + ($23.40 x 355)
$20,774 1,110 units
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Question Completion:Activities Units Acquired at Cost Units Sold at Retail
Jan. 1 Beg. inventory 285 at $13.40 $3,819
Jan. 10 Sales 250 units $43.40
Mar. 14 Purchase 470 units $18.40 8,648
Mar. 15 Sales 400 units $43.40
July 30 Purchase 485 units $23.40 11,349
Oct. 5 Sales 460 units $43.40
Oct. 26 Purchase 185 units $28.40 5,254
Totals 1,425 units $29,070 1,110 units
Required Hemming uses a perpetual inventory system. 1. Determine the costs assigned to ending inventory and to cost of goods sold using FIFO.
Brent called insurance companies and got insurance quotes for the three trucks. Both the 1996 Ford F150 and the 1998 Chevy 1500 were quoted for $250 and the 2000 Toyota Tundra was quoted for $245. To help Brent make his decision gather some more reliable information by using newspapers, or looking at their Web sites, and reviewing consumer magazines and Web sites. Also, look at the manufacturer Web site or www.fueleconomy.gov for information about gas mileage. List the sources you use and include the notes you take from each source.
Answers
Answer:
Website
Annual Reports
Magazines
Newspaper
Television Advertisement
Explanation:
The company website are the reliable source for the information. These websites include information about the specific product details. Brent can easily get access to details about product design, their specification and details. There can be other website which provide reviews of products. Brent can access those website to observe the reviews of the product but since the reliability of these website can be questioned so its better not to trust everything you read.
Answer:
According to www.fueleconomy.gov, cost thousands more in fuel costs over 5 years compared to the average new veichle. The Ford costs $9500 more with a $3650 annual fuel cost, the Toyota costs $7000 more with a $3150 annual fuel cost, and the Chevy costs $6000 more with a $2950 annual fuel cost. The Chevy has the cheapest fuel costs out of each veichle, and it also has the lowest gas mileage. The Ford uses 7.7 gal/100mi, the Toyota uses 6.7 gal/100mi, and the Chevy uses 6.2 gal/100mi. The Chevy also has the highest MPG of 16, while the Ford has an MPG of 13 and the Toyota with an MPG of 15. According to https://www.edmunds.com, The Ford is rating 4.4 stars out of 5, the Toyota is rated 4.5 stars, and the Chevy is rated 4.5 stars as well.
Explanation:
Funds left over from a cover dell education savings account after all education expenses are paid to go whom
Answers
Answer:
management of school is one who is responsible to pay for expenses and keep the savings which is remain after deducting of all expenses
virus such as norovirus and hepatitis A are directly related to contamination from..
Answers
Hepatitis and the norovirus one contracts a virus through the faecal-oral route when they consume contaminated food or water, come into contact with an infected person, or touch contaminated objects.
What do you mean by Hepatitis?Hepatitis refers to liver inflammation. The liver is a crucial organ that filters blood, processes nutrients, and fights infections. The function of the liver can be impacted by inflammation or injury. Hepatitis can be brought on by chemicals, drugs, some medical disorders, and heavy alcohol consumption.
An inflammation of the liver is known as hepatitis. This syndrome can be brought on by drinking alcohol, a number of medical disorders, and several drugs. However, the most typical cause of hepatitis is viral infections.
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As financial controller at a manufacturing company, you have been advised by a colleague that the sales director is unlawfully declaring fuel benefits as the tax value is high. This has been creating higher profit margins and if declared those margins will go down. There is potential that this could push the company into insolvency, which would result in job losses for 300 employees. You have made the other directors aware of the situation but they have expressed a wish not to disclose the misleading tax bill. You are aware that by declaring this information to the tax authorities, as required by law, that the organization may have to declare insolvency and those 300 employees could lose their jobs. What would you do?
Answers
Answer:
so many words i cant understand the of it
As the financial controller facing this ethical and legal dilemma, here's a course of action you could consider below:
What would you do?Seek advice from legal professionals to fully understand the legal implications of not reporting the accurate tax information. This will help you make informed decisions based on the law and potential consequences.
Keep thorough records of your interactions, discussions, and decisions related to this matter. Documentation will be crucial if any legal or ethical issues arise later.
Engage in open and honest discussions with the other directors, emphasizing the potential legal and ethical ramifications of not reporting accurate tax information. Stress the importance of transparency and compliance with the law.
Explore alternative ways to address the issue without causing potential insolvency. This could include discussing options with tax authorities, seeking professional advice on managing tax liabilities, or making changes to the company's financial strategy.
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Explain one importance of workforce planning. [3]
Explain one importance of employment contracts to
(i) the employee[3]
(i) the employer [3]
Explain one importance of calculating the labour turnover rate for a business. [3]
Answers
Workforce planning is an important process for any organization as it helps to ensure that the organization has the right people with the right skills, in the right place, at the right time. One importance of workforce planning is that it enables organizations to anticipate and address potential staffing shortages or surpluses. This can help the organization to avoid costly layoffs or recruitment costs, as well as improve employee morale and productivity by ensuring that the workforce is appropriately sized and skilled to meet the organization's needs.
Importance of Employment Contracts:
For the Employee:
An employment contract is important for employees as it sets out the terms and conditions of their employment, including their salary, benefits, working hours, and job responsibilities. This provides employees with clarity and certainty about their employment rights and obligations, which can help to prevent misunderstandings and disputes with their employer.
For the Employer:
An employment contract is important for employers as it helps to protect their business interests by setting out the terms and conditions of employment, including any restrictive covenants or confidentiality clauses. This can help to prevent employees from competing with the business or disclosing confidential information after their employment has ended, which can be detrimental to the business.
Importance of Calculating the Labour Turnover Rate:
Calculating the labour turnover rate is important for businesses as it provides valuable insights into employee retention and recruitment efforts. One importance of calculating the labour turnover rate is that it helps businesses to identify trends and patterns in employee turnover, which can help to identify areas for improvement in the business. For example, if the labour turnover rate is high in a particular department, it may indicate that there are issues with management or working conditions that need to be addressed. By addressing these issues, businesses can improve employee retention, reduce recruitment costs, and improve overall organizational performance.
Dale is a guitar teacher and Terrence is a tile layer. If Dale teaches Terrence's daughter to play the guitar in
exchange for Terrence tiling Dale's kitchen floor,
a. only Dale is made better off by trade.
O b. both Dale and Terrence are made better off by trade.
c. neither Dale nor Terrence are made better off by trade.
O d. only Terrence is made better off by trade.
Answers
If Dale teaches Terrence's daughter to play the guitar in exchange for Terrence tiling Dale's kitchen floor Option B. both Dale and Terrence are made better off by trade.
In this scenario, Dale is a guitar teacher and Terrence is a tile layer. Dale teaches Terrence's daughter how to play the guitar in return for Terrence tiling Dale's kitchen floor. It is a classic example of trade and bartering. Dale, the guitar teacher, would have had to pay for tile installation if he hadn't bartered with Terrence, the tile layer. Terrence, on the other hand, would have had to pay for guitar lessons if he hadn't traded with Dale.
Both Dale and Terrence, therefore, benefit from the trade, and they are both better off as a result. Because Dale receives tile installation in exchange for teaching guitar lessons, and Terrence receives guitar lessons in exchange for tile installation, both benefit.
In conclusion, the answer is (b) both Dale and Terrence are made better off by trade. When both parties are better off after a trade, it is known as a mutually beneficial trade. Trade, in general, promotes mutual gains by allowing people to concentrate on what they do best and exchange their output with others for goods and services that they desire. Therefore, the correct option is B.
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The value proposition is____
Answers
Answer:
A value proposition states the: specific benefits a product or service offering provides to a buyer.
Explanation:
A value proposition states the: specific benefits a product or service offering provides to a buyer.
Sandy works for RigorMart. She supervises regional managers and directs them based on orders from the board of directors. Sandy’s position also entitles her to stock ownership in the company. What is Sandy’s position in the company?
Answers
Answer:
Executive and shareholder
Explanation:
Since in the question it is mentioned that Sandy supervises the regional managers also she directed them. Moreover, it is entitled her for the ownership of stock in the company
She is not a director so she is an executive also she has the stock ownership so she is also a shareholder
So the sandy position in the company is of executive and the shareholder
PLEASE HELP!!!
Which development would most likely cause the demand for a product to increase
A. The number of consumers in a market decreases.
B. Consumers expect the price to fall in the near future
C. Consumer demand for a complementary good increases.
D. Consumer preferences shift away from the product
Answers
Answer:
option c is correct,Explanation:
When an individual's income rises, they can buy more expensive products or purchase the products they usually buy in a greater volume. As a result, this causes an increase in demand. Conversely, if incomes drop, then demand is likely to decrease.
The most likely development that would cause the demand for a product to increase is option C.
Which development would most likely cause the demand for a product to increase ?Where consumer demand for a complementary good increases. A complementary good is a product that is typically used together with another product. For example, if the demand for smartphones increases, it may also increase the demand for phone cases, screen protectors, and other accessories that complement the use of a smartphone.
When the demand for a complementary good increases, it can lead to an increase in demand for the primary product as well. For instance, if the demand for smartphones increases, and consumers also need phone cases and screen protectors to use with their smartphones, they will be more likely to buy both products together. This, in turn, leads to an increase in demand for both products.
On the other hand, options A, B, and D are likely to reduce the demand for a product. A decrease in the number of consumers in a market, a decrease in consumer confidence due to the expectation of falling prices, or a shift in consumer preferences away from the product can all lead to a decrease in demand.
In conclusion, an increase in the demand for a complementary good is likely to cause an increase in the demand for a product, while a decrease in the number of consumers, a decrease in consumer confidence, or a shift in consumer preferences away from the product can reduce demand.
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12. In this regard three types of policy can be distinguished gravity push and pull. Pull is
a) non promotion in that the international marketer merely sells to an intermediary and lets the product find its own way to ultimate consumers and users. b) geographic distance together with imperfections in existing communication media
c)one of promotion through the marketing channel
d)one whereby distribution is bought by establishing consumer demand
Answers
Three types of policy can be distinguished gravity push and pull.
a) non promotion in that the international marketer merely sells to an intermediary and lets the product find its own way to ultimate consumers and users.- This is Gravity pull
b) geographic distance together with imperfections in existing communication media- This is Gravity push
c) one of promotion through the marketing channel - This is Gravity pull
d)one whereby distribution is bought by establishing consumer demand -This is Gravity pull
The business policy of gravity pull and push is done on the market structure and considering internal or external environment of the business.
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how does being mindful of your strengths, skills, weaknesses, and potential challenges or obstacles impact your personal, academic, and professional growth?
Answers
Explanation:
It’s not unusual for people to compare themselves with others around them, and to feel superior or inferior towards them based on their strengths and their weaknesses.
The thing is, every individual is different and we all function differently based on our personalities. It is important to know yourself and your capacities.
Your strengths are things you can leverage on, things you can use to push yourself further.
On the other hand, your weaknesses are not your downfall. These are areas you need to improve on. It is not something you lack. It is something you need to develop and build.
In order to leverage your strengths and improve on your weaknesses, you first need to know them.
Answer:
Being mindful of my strengths, skills, and potential obstacles can significantly impact my personal, academic, and professional growth. When I am aware of my strengths, I can rely on them to complete tasks, sort of like leverage. They are also things that will help push me further in whatever aspect of life. Knowing my skills will also benefit me by knowing when to use them in certain situations. Learning my skills is also essential to understand when knowing when and how to use them. Also, when I am aware of my obstacles or challenges, it will help me find a way to avoid them or find a better way to accomplish something. It is also something that I know I need to work on and become better at, and without being aware of first, I wouldn’t be able to do that. When I am aware of how I function, it makes it easier for me to achieve my goals. I wouldn’t be able to grow in my personal, academic, or professional life if I wasn’t aware of those things. A saying that I learned throughout my recovery was “ to be aware is to be alive.” It is essential to know my benefits and downfalls within myself to be able to grow and become better in all areas of my life.
Explanation:
If consumers start saving more rather than spending, what is most likely to happen? A Decrease in Savings, B Increase in the real interest rate, C Decrease in the Supply of loanable funds, D Decrease in the real interest rate
If the Federal Reserve institutes Contractionary Policy, which of the following is most likely to increase? A Interest rates ,B Gross Domestic Product ,C Government spending , D Tax rates
Answers
If consumers start saving more rather than spending, the most likely outcome would be a decrease in the real interest rate (option D).
If the Federal Reserve institutes Contractionary Policy, the most likely outcome would be an increase in interest rates (option A).
What happens If consumers start saving more rather than spendingThis happens because an increase in savings means that there is more supply of loanable funds in the market, which can lead to a decrease in the cost of borrowing and, consequently, a decrease in the real interest rate.
What happens if Federal Reserve institutes Contractionary PolicyIf the Federal Reserve institutes Contractionary Policy, the most likely outcome would be an increase in interest rates (option A). Contractionary policy is designed to reduce the money supply and slow down economic growth to combat inflation.
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: Which type of technology is best for laying out financial projections?
Answers
Answer: Spreadsheets
Explanation: Spreadsheets allow you to foresee and edit data, while also seeing the past data to help towards ones future business goals.
The type of technology that is best for laying out financial projections is spreadsheets.
What is technology?Research is addressed the economic important aspects of human life through technology. Getting activities easier and resolving many of humanity's problems are the main goals of technology.
To determine the expected revenue and expenses for your company, financial projections use actual or projected financial data.It aids in determining when capital investments are most beneficial and when you might need assistance.
A spreadsheets tool like Excel enables anyone to simply use the document to satisfy their expectations. The spreadsheet is based on paper formulas but is software-based.
Spreadsheets enable you to view previous information to track in achieving one's potential career objectives while also allowing you to predict and change information.
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William and Charlotte Collins divorced in November of Year 1. William moved out and Charlotte remained in their house with their 10-month-old daughter, Autumn. Diana, Charlotte's mother, lived in the home and acted as Autumn's nanny for all of Year 1. William provided 70 percent of Autumn's support, Diana provided 20 percent, and Charlotte provided 10 percent. When the time came to file their tax returns for Year 1, William, Charlotte, and Diana each wanted to claim Autumn as a dependent. Their respective adjusted gross incomes for Year 1 were $50,000, $35,000, and $52,000. Who has priority to claim Autumn as a dependent
Answers
Answer:
Charlotte has the priority to claim Autumn as her dependent even though William covered 70% of her living expenses during the year. In order for a parent to be able to claim a child as a dependent, he/she must live with the child for more than half the year. In this case, since William left the house, Charlotte has preference over claiming Autumn as her dependent (even though William lived with Autumn for 10 months). Also, a parent always has priority over other relatives including a grandparent.
Ye principles of internal control do bot include (a) preparation of written procedures. (B) conduct of external audits
(c) segregation of duties
(D) job rotation
(E) restricted asset acccess
Answers
Ye principles of internal control do not include restricted asset access
Option E is correct .
What befit the principles of internal control include?The most significant control conditioning concern segregation of duties, respectable authorization of sales and conditioning, acceptable documents and records, physical control over means and records, and self-dependent checks on performance.
What's internal control?Internal control is a procedure, effected by an reality's board of directors, supervision and other workforce, allowed to give reasonable satisfaction That facts is dependable, accurate and immediate. Of compliance with applicable laws, regulations, contracts, programs and processes.
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Why is email etiquette so important in a workplace?
Answers
Answer:
I don't know
Explanation:
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You are given the following information: sales, $260; expenses other than depreciation, $140; depreciation expense, $50; marginal income tax rate, 35%. Calculate the net after-tax cash flow effect of the preceding information using both the indirect and direct methods. (Round your answers to 2 decimal places.)
Answers
Answer:
See below
Explanation:
1. The net cash after-tax cash flow effect of the preceding information of using the indirect method.
First, we need to calculate the pretax income.
Pretax income = Sales - Expenses other than depreciation - depreciation expense
Pretax income = $260 - $140 - $50 = $70
Also,
Tax expense = 35% × pretax income $70 = $24.5
Therefore, the indirect method would be;
Pretax income
$70
Less:
Tax expense
($24.5)
After tax income
$45.5
Add:
Depreciation expense
$50
After-tax cash flow
$95.5
Direct method
After tax cash operating income
[($260 - $140 - $50) × (1 - tax rate 35%)]
$45.5
Add :
Depreciation expense
$50
After tax cash flow
$95.5
The Eggers Corporation filed an amended Form 1120, claiming an additional $400,000 deduction for payments to a contractor for a prior tax year. The amended return was based on the entity's interpretation of a Regulation that defined deductible advance payment expenditures. The nature of Eggers's activity with the contractor did not exactly fit the language of the Regulation. Nevertheless, because so much tax was at stake, Eggers's tax department decided to claim the deduction. Eggers’s tax department estimated that there was only a 15% chance that Eggers’s interpretation would stand up to a Tax Court review.
a. What is the amount of tax penalty that Eggers is risking by taking this position?
b. What would be the result if there was a 45% chance that Eggers’s interpretation of the Regulation was correct?
Answers
Answer: See explanation
Explanation:
a. What is the amount of tax penalty that Eggers is risking by taking this position?
The amount of tax penalty that Eggers is risking by taking this position will be:
= $400,000 × 20%
= $400,000 × 20/100
= $400,000 × 0.2
= $80,000
The 20% used is the penalty charged when a claim is more than the final amount that's being allowed by the court or the IRS.
b.What would be the result if there was a 45% chance that Eggers’ interpretation of the Regulation was correct?
The result in this case if there was a 45% chance that Eggers’ interpretation of the Regulation was correct will be that Eggers will have zero tax penalty given. This is because since a reasonable cause was shown by the corporation, the penalty will be waived.