I say true because it seems like most likely answer.
Explain how opportunity cost is different for economic goods and free goods
Answer:
The difference is that free goods have exactly zero opportunity cost, because they cost nothing, their price is zero, and their use is non rival, and non excludable, meaning that if a person uses a free good, that person does not prevent any other person from using the good.
Economic goods, on the other hand, are goods that have a price, and that have a cost of production. Besides they are rival and/or exclusionary. The opportunity cost of an economic good varies depending on the good, but it is never zero.
10.
Which of the following documents MUST be kept on file for 90 days after the
last product has been sold?
O Shellstock identification tags
O Meat identification code (IMPS)
O Farmers Market health certificate
O Specification written to purveyor
Shellshock identification tags are the document that must be kept for 90 days after making the sale of last product.
Option A is correct.
What is sale?Sale is referring to the time when the company provides to its goods to customers. It can be done for immediate cash or can be done with respect to the credit period.
Shellshock identification tags are the ones that are being offered in respect of harvesting of the shell fishes. It tells about where and when the fishes are required to be harvested. It must be kept for the period of ninety days which get started from the day when the fish was placed in the container for delivery.
Therefore, the document mentioned in option A is correct.
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Which type of delivery format would be the best choice for the keynote speech that welcomes employees?
a. manuscript
b. memorized
c. extemporaneous
d. impromptu
Crane Company uses job order costing for its brand new line of sewing machines. The cost incurred for production during 2019 totaled $20000 of materials, $16000 of direct labor costs, and $13000 of manufacturing overhead applied. The company ships all goods as soon as they are completed which results in no finished goods inventory on hand at the end of any year. Beginning work in process totaled $22000, and the ending balance is $16000. During the year, the company completed 25 machines. How much is the cost per machine
You are considering investing $2,600 in a complete portfolio. The complete portfolio is composed of Treasury bills that pay 4% and a risky portfolio, P, constructed with two risky securities, X and Y. The optimal weights of X and Y in P are 60% and 40% respectively. X has an expected rate of return of 16%, and Y has an expected rate of return of 11%. To form a complete portfolio with an expected rate of return of 8%, you should invest approximately __________ in the risky portfolio. This will mean you will also invest approximately __________ and __________ of your complete portfolio in security X and Y, respectively.
Answer:
40% , 24% and 16%
Explanation:
Total Amount invested = $2600
Portfolio is composed of :
Treasury bills paying 4%, Risky portfolio P, Two risky securities ( X and Y )
Optimal weights
X = 60% , Y = 40%
Expected rate of return
X = 16% , Y = 11%
To form a complete portfolio with an expected rate of return of 8%
Invest approximately 40% in risky portfolio
Invest approximately 24% and 16% of your complete portfolio in security X and Y
attached below is the detailed solution
Answer:
40% 24% 16%.......................
On average, our representatives enroll one customer every 3 hours, while top performers make one sale per hour. How would you plan your workweek to maximize your earnings?*
Plan your workweek to maximize your earnings Identify peak sales hours, Set ambitious goals, Allocate more time during high-performance hours, Continuous improvement, Efficient time management, Develop strong customer relationships, and Continuous learning.
To maximize earnings in this scenario, it is important to strategically plan the workweek and focus on increasing the number of customer enrollments. Here is a potential plan to maximize earnings:
1. Identify peak sales hours: Analyze the data and determine the hours or time slots when sales are most likely to occur. This could be based on historical data or observations of customer behavior. Allocate more time during these peak hours to capitalize on potential sales opportunities.
2. Set ambitious goals: Aim to achieve or exceed the performance of top performers by setting ambitious sales goals. This mindset will drive motivation and focus throughout the workweek.
3. Allocate more time during high-performance hours: Dedicate a larger portion of the workweek to the hours when top performers make one sale per hour. By increasing the number of hours during these periods, there is a higher likelihood of securing more customer enrollments.
4. Continuous improvement: Regularly analyze and reflect on sales techniques and strategies. Identify areas for improvement and seek ways to refine your approach. This could involve studying successful sales tactics, attending sales training sessions, or seeking feedback from experienced colleagues or mentors.
5. Efficient time management: Optimize time management skills to ensure productivity during working hours. Eliminate distractions, prioritize tasks, and maintain a focused and organized work environment. This will help maximize the number of customer interactions and increase the chances of securing enrollments.
6. Develop strong customer relationships: Emphasize building rapport and establishing strong connections with potential customers. Focus on active listening, understanding their needs, and providing personalized solutions. By developing trust and fostering positive relationships, the likelihood of successful enrollments can increase.
7. Continuous learning: Stay updated on industry trends, product knowledge, and competitor offerings. This will enable you to effectively address customer inquiries, overcome objections, and provide value-added insights during sales interactions.
By implementing these strategies, planning the workweek to prioritize peak sales hours, setting ambitious goals, improving sales techniques, and managing time efficiently, you can increase the likelihood of maximizing earnings by securing a higher number of customer enrollments.
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What is the present value of $1,200 to be received at the end of each month for 5 years if the discount rate is 6%?
a. $62,071.b. $62,381.c. $63,095.d. $63,274.
Answer:
PV= $62,070.67 = $62,071
Explanation:
Giving the following information:
Monthly payment= $1,200
Number of months= 5*12* 60
Discount rate= 0.06/12= 0.005
To calculate the present value, we need to use the following formula:
PV= A*{(1/i) - 1/[i*(1 + i)^n]}
A= monthly payment
PV= 1,200*{(1/0.005) - 1 / [0.005*(1.005^60)]}
PV= $62,070.67
Should government play an active role in business enterprises? Discuss with examples
Answer: produce most available goods and services
Explanation:
in the cash book, every cash receipt is______ and every cash payment is_______
What has the U.S. government done to create economic growth, stability, full employment, freedom, security, equity, and efficiency? Have these policies been successful in reaching the economic goals of the United States? Address how gross domestic product, inflation, and gross domestic product per capita were affected.
Answer:
The U.S. is a market oriented economy with moderate taxation and regulations.
The measures that the U.S. government has taken to create economic growth, stability, full employment, freedom, security, equity and efficiency are mostly market oriented: lower taxes for corporations and some individuals, less regulations, the signing of free trade agreements, the promotion of applied research with universities in alliances with the private sector, and so on.
These policies have been largely succesful. Gross domestic product has continued to grow at a steady pace ever since the 2007-2008 financial crisis was overcome. Inflation has been in the target that is set by the Federal Reserve, and as for GDP Per Capita, the U.S. has one of the highest GDP Per Capita in the world, with $62,000 USD per person in 2019.
The study of economics is nothing but the study of a tree and a forest. Discourse with respect to branches of economics
The study of economics involves the examination of individual components represented by branches and the analysis of the broader system represented by the forest.
How does the study of economics relate to a tree and a forest?Just as a tree consists of various branches that connect and support each other, the study of economics comprises different branches that explore specific aspects of the economy. These branches including microeconomics, macroeconomics and international economics focus on understanding and analyzing elements of economic behavior and systems.
The interplay between the various branches of economics contributes to comprehensive understanding of how individual economic decisions and activities collectively shape the broader economic system. By studying both the branches and the forest, economists can gain insights into the intricate relationships.
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As an economic system how does Socialism function
Answer:
socialism is, broadly speaking, a political and economic system in which property and the means of production are owned in common, typically controlled by the state or government. socialism is based on tje idea that common or public ownership of resources and means of production leads to a more equal society.
A business's revenue exceeds its expenses by $2,000 per month. However, its fixed expenses just increased by $3,500 per month. If this continues and the business has $18,000 in cash, in how many months will it run out of cash?
a) 12
b) 15
c) 20
d) 24
Answer:
a) 12
Explanation:
If the revenue exceeds the expenses by $2,000 per month this means that they are in profit $2,000 every month. Now the expenses increased by $3,500 so we need to subtract the $2,000 from this to calculate by how much expenses are exceeding profit.
$3,500 - $2,000 = $1,500
Now we can see that they need to pay $1,500 in expenses every month. Since they have $18,000 in cash we can divide this by 1,500 to calculate how many months they will be able to pay the expenses before they run out of cash.
18,000 / 1,500 = 12 months
Which type of a person demonstrates trustworthiness?
a person who always acts according to principles
a person who always does what is right
a person who always speak the truth
a person on whom you can rely
Answer:
a person on whom you can rely
Explanation:
it's the correct answer
Answer: a person on whom you can rely
Explanation:
Got it right
Which type of behaviors accounts for most of the differences in both employee commitment and job performance?
A. Narcissistic behaviors
B. Change-oriented behaviors
C. Relationship-oriented behaviors
D. Emotional behaviors
E. Task-oriented behaviors
Answer:
Relationship-oriented behaviors
Explanation:
I did the assignment
Employee commitment is associated with the enhanced performance of the organization. Employee commitment has been linked to increased job satisfaction, motivation, and participation.
The business must place a greater emphasis on increasing employee dedication to superior efficiency.
The correct option is C. Relationship-oriented behaviors.
This is the correct option because the staff is offered task-oriented behavior in order to get things done and guarantee that corporate goals are reached. Showing care for employee sentiments and treating employees with respect are examples of people-oriented leader behavior.
People-oriented leaders sincerely care about their workers' well-being, and they show it through their personal behavior.
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jazz Corporation owns 10 percent of the Mitchell Corporation stock. Mitchell distributed a $10,000 dividend to Jazz Corporation. Jazz Corporations taxable income (loss) before the dividend income was ($2,000). What is the amount of Jazz's dividends received deduction on the dividend it received from Mitchell Corporation
Answer: $2,000
Explanation:
When a corporation owns less than 20% of another corporation, only 50% of the dividend it receives can be used as a deduction.
In this case, Jazz owns less than 10% of Mitchell and so can use 50% of $10,000 as a deduction:
= 50% * 10,000
= $5,000
However, Jazz incurred a loss of $2,000 which means that they will only need to deduct that $2,000 from the allowable $5,000.
The number of people who have been exposed to a new advertising campaign in a sample of 500 individuals is as follows: 200 were exposed for 10 seconds, 150 were exposed for 20 seconds, and 150 were exposed for 30 seconds. Calculate the exposure distribution for this campaign.
The exposure distribution for this campaign is;Group A: 40% Group B: 30% Group C: 30%.
Exposure distribution refers to the number of times that a person views an advertisement or a piece of marketing content. This metric is significant since it helps companies to analyze the number of views for different content.
Exposure Distribution = (Number of Exposures / Total Sample Size) * 100 In this case, the total sample size is 500 people. Therefore, the number of exposures for each group is;
Group A: 200 exposures for 10 seconds
Group B: 150 exposures for 20 seconds
Group C: 150 exposures for 30 seconds.
To calculate the exposure distribution, we need to calculate the percentage of people in each group. This calculation is done using the formula given above.
For example,Group A: (200/500) * 100 = 40%Group B: (150/500) * 100 = 30%Group C: (150/500) * 100 = 30%
Therefore, the exposure distribution for this campaign is;Group A: 40%Group B: 30%Group C: 30%
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On March 4 of the current year, Barefoot Bay, Inc. reacquired 5,000 shares of its common
stock at $89 per share. On August 7, Barefoot Bay sold 3,500 of the reacquired shares at $100
per share. The remaining 1,500 shares were sold at $88 per share on November 29.
Required (10 points)
(a) Journalize the transactions of March 4, August 7, and November 29.
(b) What is the balance in Paid-In Capital from Sale of Treasury Stock
on December 31 of the current year?
A. When the company reacquires its own stock from the market, Treasury Stock is debited, and Cash is credited.
B. The balance in Paid-In Capital from the Sale of Treasury Stock on December 31 of the current year will be $40,000.
(a) Journal entries for the given transactions: March 4, 2021: When the company reacquires its own stock from the market, Treasury Stock is debited, and Cash is credited. So, in this transaction, the Treasury Stock account is debited and the Cash account is credited by $445,000.
The journal entry to record this transaction is Treasury Stock $445,000 Cash $445,000 August 7, 2021: When the company sells the treasury stock, the Cash account is debited, Treasury Stock is credited, and the difference between the two is credited to Paid-In Capital from Treasury Stock account.
On August 7, Barefoot Bay sells 3,500 shares at $100 each. Thus, in this transaction, the Cash account is debited by $350,000 ($100 × 3,500), the Treasury Stock account is credited by $311,500 ($89 × 3,500), and Paid-In Capital from the Treasury Stock account is credited by $38,500 [($100 - $89) × 3,500].
The journal entry to record this transaction is: Cash $350,000Treasury Stock $311,500Paid-In Capital from Treasury Stock $38,500 November 29, 2021:When the remaining treasury stock is sold, Cash account is debited, Treasury Stock is credited, and the difference between the two is credited to Paid-In Capital from Treasury Stock account.
On November 29, Barefoot Bay sells the remaining 1,500 shares at $88 each. Thus, in this transaction, the Cash account is debited by $132,000 ($88 × 1,500), the Treasury Stock account is credited by $133,500 ($89 × 1,500), and Paid-In Capital from the Treasury Stock account is credited by $1,500 [($88 - $89) × 1,500]. T
he journal entry to record this transaction is: Cash $132,000Treasury Stock $133,500Paid-In Capital from Treasury Stock $1,500
(b) The balance in Paid-In Capital from the Sale of Treasury Stock on December 31 of the current year will be $40,000 ($38,500 + $1,500).
The Paid-In Capital from the Sale of the Treasury Stock account is credited with the difference between the sale price and the purchase price of the treasury stock sold. The difference is multiplied by the number of shares sold and then credited to Paid-In Capital from the Sale of the Treasury Stock account.
Finally, the balance of this account is transferred to the Retained Earnings account at the end of the year. Here, 3,500 shares were sold for $100 per share, and the remaining 1,500 shares were sold for $88 per share.
Therefore, the total amount credited to the Paid-In Capital from the Treasury Stock account will be $40,000 ($38,500 + $1,500). The balance in Paid-In Capital from the Sale of Treasury Stock on December 31 of the current year will be $40,000.
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Which of the following would appear in the cash flows from investing activities section of the statement of cash flows?
a. Cash received from stock issued
b. Cash received from bonds payable
c. Depreciation expense on equipment
d. Cash paid for equipment
The correct answer is:
d. Cash paid for equipment
Cash flows from investing activities include transactions related to the acquisition or sale of long-term assets such as property, plant, and equipment. Cash paid for the purchase of equipment would be categorized as an investing activity because it involves the outflow of cash for the acquisition of a long-term asset.
Reggie, who is 55, had AGI of $35,200 in 2022. During the year, he paid the following medical expenses:
Drugs (prescribed by physicians)
Marijuana (prescribed by physicians)
Health insurance premiums-after taxes
Doctors' fees
Eyeglasses
Over-the-counter drugs
$ 570
1,470
1,280
1,320
445
270
Required:
Reggie received $570 in 2022 for a portion of the doctors' fees from his insurance. What is Reggie's medical expense deduction?
Reggie's medical expense deduction is $7,276.
AGI, or adjusted gross income, is a person's total income minus certain deductions and is used to calculate taxable income.
Reggie, who is 55 years old, had an AGI of $35,200 in 2022. During the year, he incurred the following medical expenses:
Drugs (prescribed by physicians): $5,701
Marijuana (prescribed by physicians): $1,470
Health insurance premiums-after taxes: $1,280
Doctors' fees: $1,320
Eyeglasses: $445
Over-the-counter drugs: $270
Reggie was reimbursed $570 by his insurance company for a portion of the doctors' fees. To calculate his medical expense deduction, we first need to subtract any reimbursements from his total medical expenses.
Total medical expenses: $5,701 + $1,470 + $1,280 + $1,320 + $445 + $270 = $10,486
Reimbursements: $570
Medical expenses after reimbursements: $10,486 - $570 = $9,916
To claim a medical expense deduction, the expenses must exceed a certain percentage of AGI, which varies depending on the taxpayer's age. For taxpayers who are 65 or younger, the threshold is 7.5% of AGI. For taxpayers who are over 65, the threshold is 7%.
Since Reggie is 55 years old, the threshold is 7.5% of his AGI or $35,200 x 0.075 = $2,640.
Therefore, Reggie can deduct the portion of his medical expenses that exceed $2,640.
Amount of medical expenses that exceed the threshold: $9,916 - $2,640 = $7,276
Therefore, Reggie's medical expense deduction is $7,276.
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Principles of Investment
Assignment Active
Monetary Policy and Investments
Juan is always researching different investment options.
A few weeks ago he noticed some nice homes for sale in
his neighborhood. The listed prices were below market
value. Today on the news he heard that the Federal
Reserve lowered interest rates for banks and that banks
have lowered interest rates for home mortgages in turn.
As a result, there has been a huge boom in the number of
people purchasing homes.
What is most likely to happen as a result of the
change in interest rates?
O Housing prices will go up and down due to
changing fiscal policy.
O The market will experience more demand and the
price of houses will go up.
O The price of houses will go down in response to the
decreased demand.
O The prices for homes in that area will be stable due
to the new monetary policy.
4
As a result of the decrease in interest rates, Option B. The market will experience more demand, and the price of houses will go up.
The demand for houses will go up and housing prices will increase, causing individuals who were on the fence about buying a house to act swiftly before prices rise too much. As a result, housing sales are expected to surge. Lower interest rates, on the other hand, are often linked to increased borrowing and spending in the economy. Because borrowing money is now less expensive, more people are more willing to do so and the money supply in circulation rises.
The decrease in interest rates could cause more individuals to be more willing to purchase a home due to lower interest rates and more affordable mortgage payments. Lowering interest rates for banks and home mortgages, as well as lowering the cost of borrowing, encourages more people to buy houses, resulting in a greater demand for homes and, in turn, driving up the prices of homes.
As a result, option B is correct: the market will experience more demand, and the price of houses will go up. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
Juan is always researching different investment options. A few weeks ago he noticed some nice homes for sale in his neighborhood. The listed prices were below market value. Today on the news he heard that the Federal Reserve lowered interest rates for banks and that banks have lowered interest rates for home mortgages in turn. As a result, there has been a huge boom in the number of people purchasing homes. What is most likely to happen as a result of the change in interest rates?
A. Housing prices will go up and down due to changing fiscal policy.
B. The market will experience more demand and the price of houses will go up.
C. The price of houses will go down in response to the decreased demand.
D. The prices for homes in that area will be stable due to the new monetary policy.
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Select the correct answer
When Ahmed's company files for bankruptcy, he requests the court to give him another chance to repay debt. He tells the court that he works
for a company from which he receives monthly salary. He thinks he can repay his debts with the salary he receives. Under what legal provision
can the government grant Ahmed the option of repaying his debt?
O A Chapter 15
OB. Chapter 10
OC Chapter 11
OD. Chapter 13
Reset
Next
Which of these are advantages of increasing your market
share? (Select three answers.)
Building your reputation
Inspiring competition
Limiting capacity
Lowering costs through economies of scale
Increasing sales in slow markets
Unprofitable customers
Answer:
The three advantages of increasing market share are as follows:
Explanation:
1. Building your reputation:
Reputation in business terminology is called "Goodwill". Goodwill is measured in monetary terms and is shown on the assets side of the balance sheet. Higher goodwill indicates a higher reputation of the firm which in turn attracts potential buyers of the shares.
2. Lowering costs through economies of scale:
Lowering costs through economies of scale maximizes the profit, and the higher profits higher the dividends, and the higher dividends increase the demand for shares in the market.
3. Inspiring competition:
Inspiring competition tells the external and internal users of the company what makes them different from its competitors and when you stand unique from others in the market the market price of the share increases.
Why should you be able to create, share, and maintain documents?
Answer:
it helps the business run smoother
Explanation:
Evaluating the possible positive and negative outcomes of different
economic decisions is called:
A. marginal cost analysis.
B. cost-benefit analysis.
C. revenue projection analysis.
D. opportunity cost analysis.
Answer:
marginal cost analysis
Remodeling is an
A. neither. B. Asset. C.expense
Answer:
C expense meaning cost money
Answer: C
Explanation:
just took test
How do these three rules apply to your life? Explain them in your words and try to think about how they relate to your financial situation. (Hint: Think about how you earn money and how you spend money, also imagine that you have been offered a credit card with a starting line of credit at $1000)
Rule 1 - Don't have debt rise faster than income, because the debt burden will eventually crush you
Rule 2 - Don't have income rise faster than productivity, because you will eventually become uncompetitive
Rule 3 - Do all that you can to raise your productivity, because in the long run that's what matters most
The three rules below will help individuals achieve financial stability and security, which is critical for living a happy and stress-free life. They can learn new skills, enroll in courses, read books, and so on to increase their productivity levels.
Rule 1: Don't have debt rise faster than income, because the debt burden will eventually crush you.To avoid falling into a debt trap, one should prioritize their spending. It's always a good idea to live within one's means and avoid spending more than they earn.Rule 2: Don't have income rise faster than productivity, because you will eventually become uncompetitive.It's a good idea to focus on increasing productivity to achieve long-term financial stability. One must avoid situations where they are not productive but are earning more money, as this can make them uncompetitive in the long run.Rule 3: Do all that you can to raise your productivity, because in the long run that's what matters most.Productivity is the most critical factor in achieving financial stability. Increasing productivity can lead to higher earnings, which can help you reach your financial goals faster.Individuals must always make efforts to improve their productivity. It's always a good idea to live within one's means, avoid unnecessary debt, increase productivity, and invest in oneself. In conclusion, the above three rules can be beneficial to anyone looking to achieve financial stability.
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You are appointed as a training consultant of a small medium sized organization to run a training programme. Which budget items costs would you include and exclude in your training budget for 10 salespeople, considering, that you will be offering in person classes
The included and the excluded budget have been ;listed below
The budget that would be included are:Instructor fees: The cost of hiring an experienced and qualified instructor to teach the training course.Venue rental: The cost of renting a suitable venue that is equipped with training facilities such as audio-visual equipment, whiteboards, and seating arrangements.Training materials: The cost of providing training materials such as handouts, workbooks, and textbooks.Travel and accommodation expenses: The cost of travel and accommodation for the instructor if they are coming from outside the city.The excluded budget would be:
Salaries of salespeople: The salaries of the salespeople should not be included as this is a regular expense for the organization.Equipment purchase: If the organization already has the necessary equipment for the training sessions, then there is no need to include equipment purchase costs in the budget.Overhead expenses: Overhead expenses such as electricity bills and rent should not be included in the training budget as they are part of the regular expenses of the organization.Read more on budget here https://brainly.com/question/6663636
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Merger Co. has 10 employees, each of whom earns $2,000 per month and has been employed since January 1. FICA Social Security taxes are 6.2% of the first $128,400 paid to each employee. and FICA Medicare taxes are 1.45% of gross pay. FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to each employee.
Required:
Prepare the March 31 journal entry to record the March payroll taxes expenses.
Answer: Please see answer in explanation column
Explanation:
Journal To record the employer's payroll taxes Expense on March 31st by Merger Co.
Date Account Titles and Explanations Debit Credit
Mar. 31 Payroll Tax Expenses $2,730
FICA - Social Security Taxes Payable $1,240
FICA - Medicare Taxes Payable $290
Federal Unemployment Taxes Payable $120
State Unemployment Taxes Payable $1,080
Calculation:
FICA - Social Security Taxes Payable= 6.2 % x 2000 x 10 employees
= $1,240
FICA - Medicare Taxes Payable=1.45% x 2000 x 10 employees
=$290
Federal Unemployment Taxes Payable=0.6% x 2000 x 10 employees
=$120
State Unemployment Taxes Payable=5.4% x 2000 x 10 employees
=$1.080
Payroll Tax Expenses= FICA - Social Security Taxes Payable + FICA - Medicare Taxes payable + Federal Unemployment Taxes payable +State Unemployment Taxes= $1,240 + $290 + $120 + $1,080 =$2,730
How can companies increase return on common stockholders’ equity without increasing revenue?
A) By purchasing more inventory
B) By increasing preferred dividends
C) By issuing more common stock
D) By reducing expenses