At the end of the year, the equipment's value is $28,000, which means that the equipment's economic depreciation is $3,000 - $28,000 = -$25,000. The business loan of $100,000 pays 6% annual interest, which is an explicit cost of $6,000.
Explicit cost refers to the cost of production that a firm has to incur to stay in the market. This cost arises when a company purchases the goods or services from the market for their production. This includes the cost of raw materials, wages, rent, transport, etc.
Explicit cost is also known as out-of-pocket costs because they are paid out of the firm's cash. On the other hand, implicit costs are the opportunity cost of production that arises when a firm utilizes the resources that they already own. This cost is not visible, unlike explicit cost, as it is the cost of foregoing other opportunities that would have generated income for the firm.
This cost includes the depreciation of equipment, the forgone rent that could be earned from a company-owned building, etc. Julia and Juan contributed $50,000 of their own money to the company, which is considered an implicit cost as it is the opportunity cost of not investing that money elsewhere.
The purchases of materials for the business are considered explicit costs as the firm had to buy them from the market for production. The business hired an employee with a salary of $20,000, which is also an explicit cost. Juan quit his job, which is an implicit cost, as it represents his forgone wage of $30,000. Julia also quit a part of her job, which is also an implicit cost, as it represents her forgone wage of $15,000. The equipment purchased for $3,000 is an explicit cost.
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Checking account A charges a monthly service fee of $3 and a per-check fee
of $0.02, while checking account B charges a monthly service fee of $2 and a
per-check fee of $0.03. How many checks would a person have to write for
the two accounts to cost the same?
O A. 22
O B. 100
O, C. 0
O D. 35
Answer: B. 100
Explanation:
To find this out, we shall assume that the number of checks that should be written for the two accounts to cost the same will be x.
The cost of Account A assuming x number of checks is:
= 3 + 0.02x
For Account B this is:
= 2 + 0.03x
Equate both expressions:
3 + 0.02x = 2 + 0.03x
3 - 2 = 0.03x - 0.02x
0.01x = 1
x = 1 / 0.01
x = 100 checks
Edna has been tasked with maintaining her sorority database, which contains many elements of students' personal and academic information. Which of the following considerations will probably be MOST important to Edna if she plans to use the database for creating data queries and reports?
A. Developing an attractive graphic representation of the data.
B. Printing and checking the database weekly.
C. Sending out regular announcements to the students.
D. Gathering and tracking the unique data.
Answer:
Gathering and Tracking the Unique Data
Explanation:
Pls help, hurry! Why is it important to protect your privacy while conducting an online job search? List three ways you can protect your privacy.
Answer:
It's important to protect your privacy to reduce identity theft
1. Let it personal information you want to share
2. Do not include personal references or personal email
3. Never provide your Social Security number
Explanation:
Answer:
you don't want people to be able to hack, scam, or steal your important data
Explanation:
hope this helps :)
Which part of the product life cycle typically includes consumer tests and a
high advertising budget?
A. Maturity stage
B. Growth stage
C. Decline stage
D. Introduction stage
Answer:
intro stage
Explanation:
Introduction stage, part of the product life cycle typically includes consumer tests and a high advertising budget. Thus, option (d) is correct.
What is advertising?The term “advertising” refers to the part of the promotion in the market. Advertising informs the consumer about the product and services available. These are the primary goals for attracting the target audience. There are the based on the marketing promotion. The advertising is the target audience.
A process of the product life cycle was the consumer tests and a high advertising budget. It was the included the introduction stage. It was the product life cycle was the planning of the product was the launched the market. It was the creating the budget.
As a result, the product life cycle was the consumer tests and a high advertising budget are the aforementioned. Therefore, option (d) is correct.
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1. What is the author trying to say in comparing Becky's world with Desta's world?
Help me
Answer:
The author is trying to say that the living standards of different classes of people depend on the economic choices they make and the economy of the nations they find themselves in.
Explanation:
The topic, "Mathematics and Economic Reasoning," began by comparing the world's of two girls namely Becky and Desta. Becky who lives in America has a good and comfortable living standard. Her father works at a good law firm where he earns well enough to cater for his family. He has some savings, insurance, two cars, and a partially mortgaged house.
Desta, on the other hand, lives in a poor village in Ethiopia where her family depend on farming to survive. They have no running water, electricity, adequate healthcare, enough food, etc. The author drew these comparisons to show that the environment a person finds himself can affect his economic standard of living.
An amortization table provides what
useful information for the borrower?
A. The amount of interest and principal you pay in each
payment.
B. The amount of additional fees you pay in each
payment.
C. The amount of taxes you pay in each payment.
D. The additional amount you will pay if you decide to
refinance this loan later.
The correct answer is A.
An amortization table provides useful information for the borrower regarding the amount of interest and principal they will pay in each payment.
It breaks down the payment schedule over the life of the loan, showing how much of each payment goes towards reducing the principal balance and how much goes towards paying the interest. This information helps borrowers understand how their payments are applied and how the loan balance decreases over time.
The amortization table provides a comprehensive view of the repayment progress. Borrowers can see how each payment reduces the principal balance, leading to a gradual decrease in the outstanding loan amount over time.
After each payment is made, the table shows the remaining loan balance. This allows borrowers to track the outstanding amount and see how it decreases with each payment. It helps in understanding how many more payments are required to fully repay the loan.
The amortization table does not provide information about additional fees, taxes, or the amount to be paid if refinancing the loan in the future. It primarily focuses on the breakdown of principal and interest payments and the progress of loan repayment.
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In 2020, in order to qualify for the moving expense deduction, a qualifying member of the armed forces: O 1) Does not have to change job locations O2) Must move because of a new job location 3) Must have a prior job location 4) Must change employers During 2018, a corporation purchased machinery costing $20,000 and a warehouse costing $160,000. These are the only two acquisitions of depreciable property purchased by the corporation in 2018. The maximum deduction the corporation can claim under Code Sec. 179 in 2018 is: a. $60,000 b. $80,000 c. $20,000 d. $25,000
For the first question, the correct answer is option 2) Must move because of a new job location. In order to qualify for the moving expense deduction in 2020, a member of the armed forces must meet certain criteria, including having a new job location that is at least 50 miles further away from their former residence than their previous job location.
For the second question, the maximum deduction the corporation can claim under Code Sec. 179 in 2018 is option d. $25,000. The maximum deduction under Code Sec. 179 for 2018 is $1,000,000, but it is reduced dollar-for-dollar for purchases of depreciable property exceeding $2,500,000. Since the corporation's total acquisitions of depreciable property in 2018 is $180,000 ($20,000 for machinery and $160,000 for warehouse), which exceeds the $2,500,000 threshold, the amount of the deduction is reduced by the excess, which is $155,000 ($180,000 - $2,500,000).
Therefore, the maximum deduction the corporation can claim under Code Sec. 179 in 2018 is $1,000,000 - $155,000 = $845,000. However, since the corporation's total acquisitions of depreciable property in 2018 is only $180,000, the maximum deduction is limited to $25,000.
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As a general matter, banks are high leverage and low margin entities. Their capital levels are generally in the area of what percentage of assets?
As a general matter, banks are high leverage and low margin entities. Their capital levels are generally in the area of percentage of 8% assets under Basel III.
Investors view a bank's net worth or equity value as being the difference between its assets and liabilities, or bank capital. The asset component of a bank's capital is made up of cash, bonds, and loans with interest for e.g., mortgages, letters of credit, and inter-bank loans. The liabilities portion of a bank's capital includes loan-loss reserves and any outstanding debt. The amount by which creditors would still be paid if a bank had to liquidate its assets is known as capital.
Tiers of regulatory bank capital are established by Basel III. They are based on a bank's subordination and its capacity to absorb losses, with a clear separation between capital instruments used when the bank is still solvent and those used after it declares bankruptcy. The book value of common shares, paid-in capital, and retained earnings less goodwill and any other intangibles make up common equity tier 1 (CET1). CET1 instruments must be of the highest subordination and lack maturity.
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Hi what color should I paint my room or should I just leave it white?
Answer: I would say light blue but it depends on what kind of theme you are going for in your room.
Also light blue with clouds is what I want to paint my walls so that is the first thing to come to my mind
Question 2 of 40
What does the 'P' in the acronym PEST stand for?
A. Price
B. Political
C. Promotion
O D. Positive
SUBN
Answer:
The answer would be B. Political.
Explanation:
PEST Analysis (Political, Economic, Social, and Technological) is a management method whereby an organization can assess major external factors that influence its operation in order to become more competitive in the market. As described by the acronym, those four areas are central to this model.
The 'P' in the acronym PEST stands for political. The correct option is B. Political, Economic, Social, and Technological analysis is known as PEST analysis. This kind of analysis is used to evaluate outside variables that might affect a company's profitability.
What is political in PEST analysis?The threats and weaknesses used in a SWOT analysis are found using a PESTEL analysis. Political factors include government leadership, change, and policies related to foreign trade, as well as internal political issues and trends, tax policy, and trends in regulation and deregulation.
A measurement tool called PEST Analysis is used to evaluate markets for a specific product or industry over a specific period of time. Political, Economic, Social, and Technological (PEST) factors Organizations can make better business decisions after these factors are analyzed.
Thus, the ideal selection is option B.
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Or open Meet and enter this code: wtb-tsif-cpq female
Answer:..................
For what ?_?
what is meant by the term financial reporting? b. what are the principal accounting reports involved in the financial reporting process? in general terms, what is the purpose of these reports? c. do all business entities engage in financial reporting? explain. d. how does society benefit from the financial reporting process?
The principal accounting reports involved in the financial reporting process are: Balance sheet, Income statement, Cash flow statement and Statement of changes in equity.
A) Financial reporting refers to the process of preparing and presenting information about a company's financial performance and position to stakeholders, including investors, creditors, and regulators. Financial reporting provides a snapshot of a company's financial condition and helps stakeholders make informed decisions.
B) Principal accounting reports involved in financial reporting process are: Balance sheet: which shows a company's assets, liabilities, as well as equity at a specific point in time.
Income statement: which shows a company's revenue and expenses over a specified period of time
Cash flow statement: which shows a company's cash inflows and outflows over a specified period of time
Statement of changes in equity: which shows changes in a company's equity over a specified period of time
C) Not all business entities will engage in financial reporting. Small businesses and private companies may not be required to produce financial reports, while public companies must comply with financial reporting requirements set by regulatory agencies such as the Securities and Exchange Commission (SEC).
D) Society benefits from the financial reporting process in several ways, including:
Increased transparency and accountability: Financial reporting helps to ensure that companies are transparent about their financial performance and position, which can reduce the risk of fraud and unethical behavior.
Improved decision-making: Financial reports provide stakeholders with the information they need to make informed decisions about investing in a company, lending money to it, or regulating it.
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deals with the challenges that a company
faces in the ever-changing business
environment
Answer:
Strategy.
Explanation:
Strategy can be defined as a coordinated deployment of a firm’s resources to achieve competitive advantage in the industry where it operates. Basically, it is a long-term plan of action that is focused on using a firm's available resources to achieve set objectives and goals such as includes dominating the market, expanding the business, meeting customer's demands etc.
Generally, the top executive management is saddled with the responsibility of ensuring that their business strategy is in tandem with the aim, objectives, vision and mission statement. A good business strategy is a continuous process that should function as a roadmap or guide to achieve competitive advantage, sustained profitability, growth and development of an organization.
Hence, strategy deals with the challenges that a company faces in the ever-changing business environment.
Additionally, the strategy formulated by an organization can be classified into the following categories; growth strategy, marketing strategy, product strategy etc.
Conduct research on cases and issues in global trade. What types of businesses are best suited for doing business online?
Why? What type of issues might an online business deal with in the global market?
Operating a business online entails dealing with technical obstacles, security concerns, and consumer distrust.
Research based problem:While you can avoid or at least mitigate these difficulties, it's critical for company owners to keep an eye on prospective concerns in order to avoid big calamities.
Because the main providers they provide are information-based, professional service based firms are well-suited for the Internet.
Because the provision of these services necessitates the provider's physical presence, a household chores or lawn maintenance service company is not well suited for the Internet.
Find out more information about 'professional service'.
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Why do you think business provide bonus to its employees?
Answer: See explanation
Explanation:
Bonus is sum of money that is added to the wage or salary of an employee. The role of bonus to employees is vital. Firstly, bonus is given to the employees to improve their morale.
Secondly, bonus motivates employees. When, employees are given bonus, it tends to motivate and they tend to work harder.
Thirdly, bonus tends to build team collaboration. Lastly, bonus boosts productivity. As the employees are motivated, they work harder and this can help them reach their goals and boost their productivity and bring about growth of the organization.
Builds Team Collaboration. ...
Creates Friendly Competition Among Staff
The interpretation of research findings typically begins with _______.
The interpretation of research findings typically begins with tabulation.
The procedure or act of tally. The output of tabulating is a table that presents data in a condensed manner is known as tabulation. The process of reviewing data and drawing pertinent conclusions while utilizing a variety of analytical techniques is known as data interpretation. Researchers can categorize, manipulate, and summarize data with the aid of interpretation in order to find answers to important questions. Drawing conclusions from the data gathered after an analytical or experimental investigation is known as interpretation. In actuality, it is an investigation into the deeper significance of research findings. Drawing conclusions from the facts gathered and the calculated statistics or test statistics is the act of interpreting research findings. The effort to establish research continuity by connecting the findings of a given study with those of other studies is one of the two main aspects of the task of interpretation.
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Approximately what percentage of the US labor force is employed by firms that have fewer than 100 employees? Group of answer choices 63% 50% 45% 35%
Approximately (D) 35% of the US labor force is employed by firms that have fewer than 100 employees.
What is the US labor force?The labor force is the total number of persons available for work, including both employed and unemployed people. Firms with fewer than 100 employees employ around 35% of the US labor force.The labor force participation rate in the United States fell from 62.2 percent in June to 62.1 percent in July 2022. The labor force in the United States is contracting. Around three million fewer people are employed as of the beginning of 2022 than before the outbreak.Therefore, approximately (D) 35% of the US labor force is employed by firms that have fewer than 100 employees.
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The correct question is given below:
Approximately what percentage of the US labor force is employed by firms that have fewer than 100 employees?
Group of answer choices
(A) 63%
(B) 50%
(C) 45%
(D) 35%
I’LL GIVE 100 POINTS!!
PLZ HELP NEED ANSWERS WITHIN 24 HOURS!!!
UNIT 5
Critical Thinking Questions
Please complete the following questions. Use a word processor to complete your work. Remember to use complete sentences and include both the questions and answers when you submit your work.
Submit your work as a file attachment using the dropbox.
The answers to the Critical Thinking Questions are worth 10 points.
1. Why do professional and ethical standards exist in marketing? Analyze and explain what these standards are and how they impact marketing in business.
2. What role do ethics play in the workplace? Identify and describe several scenarios that illustrate and help to explain the significance of ethics in the workplace.
Answer:
The principle of professionalism is a standard of personal conduct by a professional in his business dealings. While guidelines for acceptable and expected behavior vary from industry to industry, personal principles typically focus on ethics, code of conduct, appropriate personal interactions and workplace integrity.
Explanation:
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Which website allows individuals to search for suitable job profiles and employers?
Answer:
LinkedIn is a good site
Explanation:
Andrew Carnegie's system of vertical integration a combined all facets of an industry, from raw material to final product, within a single company. b created an industrial association through which member companies could wield much power. c embraced the notion of buying up competitors and forming a monopoly interest. d required smaller competitors to agree to standardized rates set by larger firms. e None of these
Answer:
A. combined all facets of an industry, from raw material to final product, within a single company
If you lose your job in this country, you can claim unemployment and collect money to help you until you can find another job. This is because of economic
security
freedom
equity
growth
(I couldn’t find economics lol)
This is because of economic "Economic Security".
Economic security is characterized as a person's, family's, or alternately local area's capacity to meet their essential requirements in a feasible and honorable way. This shifts relying upon a person's actual prerequisites, the general climate, and social standards.
When a person is able and eager to work, but they are not employed, they are considered to be unemployed. A person's percentage of the labour force who is jobless is known as the unemployment rate. Consequently, knowing who is employed is necessary to calculate the unemployment rate.
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why do competitive markets work better for life insurance than for income insurance?
Answer:Because insurance market is competitive, when companies become profitable, they start adopting a more lenient underwriting criteria and lower their premiums to grab more market share.
Explanation:
Other insurance companies react by adopting the same policies, to prevent their shares taken away or to increase their market share.
Good storytelling in advertising contains four classic elements. Which of the following elements is NOT one of them? A. Characters B. Conflict C. Media D. Plot E. Message
Good storytelling in advertising contains four classic elements. Media is NOT one of them .
What exactly do you mean by Advertising?
In order to advertise a good, service, or cause, advertising involves buying space. Ads, as they are commonly known, are the real advertising messaging. Reaching those who are most likely to be willing to buy a company's goods or services—and persuading them to do so—is the purpose of advertising.What are the 4 types of Advertising?
Display Advertising. Video Advertising. Mobile Advertising. Native Advertising.Learn more about advertising
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if you are to choose among the modern theory in management,what particular theory or combination of theories will you apply as a student
The Systems approach is the contemporary theory that I would employ as a student:
Quantitative, contingent, and systems approaches make up the three main categories of contemporary management theory. These strategies aid in achieving business goals and inspiring staff members.By establishing goals that would result in the accomplishment of organizational objectives, the systems approach is pursued. As a result, it can also be used in a student's life. One can create goals using this strategy and work hard to achieve them.It helps one become more self-assured and motivated to succeed. We can split the ultimate objective by defining goals in the same way that it is done in an organization by breaking the objective down into many components.For instance, if I want to hold a rank, I must study and give each subject the same amount of priority. I can split up my entire day to study several subjects for this. I can learn all the subjects and do well if I do it this way.
Consider scientific management, also referred to as Taylorism, which is likely the most well-established management theory ever. It implies that a manager's responsibility is to boost a production system's efficiency.
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Paulette, Camille, and Hortense each own wineries in France. They produce inexpensive, mass-market wines. Over the last few years, such wines sold for 7 euros per bottle, but with a global recession, the price has fallen to 5 euros per bottle. Given the information below, calculate each winemaker's profit. Winemaker Fixed Costs Variable Costs Recession Revenues Profits Paulette 50,000 80,000 120,000 Camille 100,000 40,000 70,000 Hortense 200,000 250,000 200,000
The each winemaker's profit is 70000 and -250000 for Camille and Hortense respectively and Paulette's profit is - 10000.
Profit is the amount that the company earns over the cost of the production they have used in the business
Elaborating:For Paulette it is 120000-50000-80000= -10000
So this is calculated by deducting fixed and variable cost from revenue
Same will be for other two mentioned.
-70000 and -250000 for Camille and Hortense respectively
Variable costs:Costs that fluctuate in response to changes in the quantity of a product or service produced by a company are referred to as variable costs.The sum of marginal costs for all units produced constitutes variable costs. They can also be regarded as standard expenses. The total cost is made up of two parts: fixed costs and variable costs.
Costs that do not change when production or sales volumes increase or decrease are known as fixed costs. This is on the grounds that they are not straightforwardly connected with assembling an item or conveying a help. Consequently, fixed costs are regarded as indirect costs.
Question incomplete:Paulette, Camille, and Hortense each own wineries in France. They produce inexpensive, mass-market wines. Over the last few years, such wines sold for 7 euros per bottle, but with a global recession, the price has fallen to 5 euros per bottle. Given the information below, calculate each winemaker's profit. Winemaker Fixed Costs Variable Costs Recession Revenues Profits Paulette 50,000 80,000 120,000 Camille 100,000 40,000 70,000 Hortense 200,000 250,000 200,000
A. Paulette -10,000, Camille = -70,000, Hortense = -250,000
B. Paulette 40,000, Camille = 30,000, Hortense = -50,000
C. Paulette 70,000, Camille = -30,000, Hortense = 0
D. Paulette = 90,000, Camille = 10,000, Hortense = 150,000
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HELPPPP!!!! WILLL GIVE BRAINLEST!!!
It allows you to rent a car while yours is being repaired. a. auto replacement c. personal damage liability b. comprehensive physical damage d. rental reimbursement
Answer:
I'm pretty sure the answer is d
Explanation:
Alternatively, you may pay out-of-pocket for your rental then seek reimbursement from the other insurance company once it completes its investigation.
Answer:
D
Explanation:
TRUE/FALSE. convergence is likely to continue at a fast pace and new media products will quickly become available
This statement is False. While convergence in media and technology has been a significant trend in recent years, the pace of convergence and the availability of new media products may not continue at a fast pace universally.
Convergence refers to the integration and merging of different media platforms, technologies, and content. It has led to the development of new forms of media, such as streaming services, online platforms, and interactive digital content.
However, the pace of convergence can be influenced by various factors, including technological advancements, market dynamics, regulatory frameworks, and consumer behavior. It is not guaranteed that convergence will continue at a fast pace in all areas or that new media product will quickly become available. The rate of convergence may vary across different industries, regions, and specific market conditions.
While technological advancements and innovations are likely to drive further convergence in the future, the timing and extent of their impact can be unpredictable. It is important to assess the specific context and industry to determine the pace and trajectory of convergence and the availability of new media products.
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The central bank should implement contractionary monetary policy to reduce inflation by a. increasing the discount rate. b. buying government securities in open market operations. c. decreasing the required reserve ratio.
d. decreasing the discount rate.
To reduce inflation, the central bank can implement contractionary monetary policy through various measures. These include:
a) Increasing the discount rate: This measure discourages borrowing from the central bank, making it more expensive for banks to obtain funds.
reduces the money supply and helps control inflation.
b) Selling government securities in open market operations: When the central bank sells government securities, it absorbs money from the economy , reducing the overall money supply and curbing inflationary pressures.
c) Increasing the required reserve ratio: By raising the percentage of deposits that banks must hold as reserves, the central bank reduces the amount of money available for lending. This contractionary measure helps combat inflation.
d) Decreasing the discount rate: This is not a contractionary measure but an expansionary one. Lowering the discount rate encourages borrowing from the central bank, which stimulates economic activity and can lead to inflationary pressures.
Contractionary monetary policy is implemented to combat inflationary pressures in the economy. The measures mentioned, such as increasing the discount rate, selling government securities, and increasing the required reserve ratio, all aim to reduce the money supply and restrict lending. These actions make borrowing more expensive and reduce the availability of credit in the economy, which helps control inflation. However, decreasing the discount rate is an expansionary measure that stimulates borrowing and economic activity. It is not part of a contractionary monetary policy and would not be used to reduce inflation.
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HELP FAST WILL GIVE BRAINLEIST
What is a difference between a flexible spending account (FSA) and a health savings account (HSA)?
Employees must be enrolled in high deductible health plans to open FSA accounts.
Employees can only use HSA funds for medical expenses.
FSA funds must be used within the plan year or they will expire.
HSA accounts are typically funded by employers.
Answer:
The fundamental difference between a flexible spending account (FSA) and a health savings account (HSA) is that an HSA is controlled by an individual and allows commitments to roll over, whereas FSAs are less adaptable and must be claimed by a company.
Explanation:
This means that if you leave your work, the funds in your FSA may be forfeited, whereas the assets in your HSA are entirely yours (and rollover into another HSA account). FSAs and HSAs both allow people to save money away for medical expenses on a tax-advantaged basis by paying for eligible medical expenses with pretax money.
An HSA is owned by an individual and permits commitments to roll over, whereas an FSA is less adaptable and must be claimed by a firm. This is the key distinction between the two types of accounts.
What is account?A financial account, specifically one that deals with financial assets, is a part of a nation's balance of payments that covers claims on or liabilities to nonresidents in macroeconomics.
Direct investment, portfolio investment, and sector-specific reserve assets are among the elements of a financial account.
Claims made by nonresidents on the financial assets of residents are classified as liabilities in a country's balance of payments, whereas claims made by residents against nonresidents are classified as assets.
The capital account documents transfers of capital assets, but the financial account does not. The amount of production, the rate of savings, or the total revenue of a nation are unaffected by transactions in the capital account.
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HELP Esmerelda simplified a complex fraction. Her work is shown below. What errors did Esmerelda make? Check all that apply. Esmerelda converted the mixed number to the wrong improper fraction. Esmerelda added the numerators. Esmerelda added the denominators. Esmerelda did not divide –24 by 6 correctly. Esmerelda did not use the reciprocal of the divisor.
Answer:
Esmerelda did not use the reciprocal of the divisor.
Esmerelda added the numerators.
Esmerelda added the denominators.
Explanation:
Note: This question is not complete as it omitted the work of Esmerelda. Her work is therefore provide to complete the question as follows:
\(\frac{-5\frac{1}{4} }{\frac{3}{2} } = \frac{-\frac{21}{4} }{\frac{3}{2} } =(-\frac{21}{4})(\frac{3}{2}) = -\frac{24}{6} = -4\)
The explanation of the answer is now provided as follows:
Esmerelda did not use the reciprocal of the divisor
This is corrected by using the reciprocal of the divisor as follows:
\(\frac{-5\frac{1}{4} }{\frac{3}{2} } = \frac{-\frac{21}{4} }{\frac{3}{2} } =(-\frac{21}{4})(\frac{2}{3})\)
Esmerelda added the numerators and Esmerelda added the denominators
These two are corrected together by multiplying the numerators separately and and multiplying the denominators separately as follows:
\(\frac{-5\frac{1}{4} }{\frac{3}{2} } = \frac{-\frac{21}{4} }{\frac{3\\}{2} } =(-\frac{21}{4})(\frac{2}{3}) = -\frac{21*2}{4*3}\)
Based on the above, the correct answer of the work of Esmerelda can be obtained as follows:
\(\frac{-5\frac{1}{4} }{\frac{3}{2} } = \frac{-\frac{21}{4} }{\frac{3\\}{2} } =(-\frac{21}{4})(\frac{2}{3}) = -\frac{21*2}{4*3} =- \frac{42}{12} = -3\frac{1}{2}\)
The final answer can also be provided in 2 decimal places as follows:
\(\frac{-5\frac{1}{4} }{\frac{3}{2} } = \frac{-\frac{21}{4} }{\frac{3\\}{2} } =(-\frac{21}{4})(\frac{2}{3}) = -\frac{21*2}{4*3} =- \frac{42}{12} = -3\frac{1}{2} = -3.50\)