For a sole proprietorship, the equity accounts are Capital and Drawing.
- **Drawing**: This account represents the withdrawals or distributions made by the owner for personal use. It reflects the reduction in the owner's capital due to the withdrawal of funds from the business.
- **Retained Earnings**: This account tracks the accumulated profits or losses of the business that have not been distributed to the owner(s) as withdrawals or dividends. It represents the portion of the business's earnings that is retained and reinvested in the business.
- **Capital**: This account represents the owner's equity or investment in the business. It reflects the initial investment made by the owner, as well as any additional investments made over time.
Therefore, the equity accounts for a sole proprietorship are Drawing, Retained Earnings, and Capital. Additional Paid-in Capital and Common Stock are not typically used in a sole proprietorship, as these accounts are more commonly associated with corporations.
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mental ability tests produceDespite being easy to use and one of the most valid selection methods for all jobs, mental ability tests produce that are three to five times larger than other methods, such as structured interviews, that are also valid predictors of job performance
Answer:
Despite being easy to use and one of the most valid selection methods for all jobs, mental ability tests produce racial differences three to five times larger than other methods, such as structured interviews, that are also valid predictors of job performance.
Explanation:
The way out of the racial differences produced by mental ability tests is for HR personnel to combine the use of mental ability tests with other assessment methods in order to lessen the racial bias results. By so doing, the job applicants will still be subjected to some form of cognitive or mental ability tests, which is then ameliorated with structured interviews, whose results will be used to compare one candidate's performance against other candidates' performances.
here is 20 points cause you earned it king/queen
According to the video, what tasks do Librarians perform? Check all that apply.
A. supervising staff
B. writing stories
C. coordinating storytelling sessions
D. speaking at public events
E. dealing with angry customers
F. classifying materials
Answer: C and F
Explanation:
Answer:
Its I believe a,c, and f
Explanation:
your welcome
using and finding methods of raising money for business operations
Using and finding methods of raising money for business operations is "capital raising."
Capital raising refers to the process of securing funds to support business operations, expansion, or investment needs. It involves identifying and utilizing various methods and sources to acquire the necessary capital. These methods can include both internal and external sources. Internally, businesses may use retained earnings or reinvest profits back into the company. External sources can involve debt financing (such as loans or bonds) or equity financing (such as issuing shares or attracting investors). Other methods of raising capital may include crowdfunding, grants, subsidies, or partnerships. The choice of methods depends on factors such as the business's financial situation, growth plans, risk tolerance, and access to different funding options. Effective capital raising is crucial for sustaining and growing a business, as it provides the necessary resources for day-to-day operations, investment in new projects, research and development, marketing efforts, and other strategic initiatives.
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Risk can be thought of as the possibility of incurring??
Answer:
Risk can be thought of as the possibility of incurring a loss.
Explanation:
Loss.
New batteries are needed to power our electronic devices—our cell phones, tablets, and computers—and that market is exploding. Researchers are developing lithium-ion batteries that will be vital to clean-energy and automobile manufacturing and could open up huge new markets. Currently, the domestic production accounts for about 12 percent of the world's production. The country has a domestic supply of raw materials, but production is limited and prices remain high compared to imported batteries.
The government could invest in technology and research.
The government could purchase domestic batteries exclusively.
The government could impose heavy tariffs on all imported batteries.
The government could ban imported batteries.
Answer:
The government could impose heavy tariffs on all imported batteries.
Explanation:
Import tariffs are taxes imposed on imported commodities. Should the government impose heavy tariffs on the imported batteries, their prices in the domestic market will go up.
One of the objectives of a tariff is to protect locally produced goods from unfair competition by low-priced imports. The imposed tax become a cost to the imported batteries, which will make them more expensive. The locally produced batteries will compete favorably with the imports. The domestic industry will grow since it has raw materials and a market to sell its products.
The following selected accounts and normal balances existed at year-end. Make the four journal entries required to close the books: Accounts receivable $45,000, Prepaid insurance 4,500, Land 50,000, Accounts payable 39,000, Notes payable 55,000, Retained earnings 12,000, Dividends 2,000, Fees earned revenue 65,000, Selling expenses 34,500, Administrative expenses 12,750, Miscellaneous expense 1,250.
The required Journal Entries that are required to close the book for the selected four accounts at year-end include the following:
Journal Entries:
December 31,
Debit Fees earned revenue $65,000
Credit Income Summary $65,000
To close the Fees revenue to income summary.
Debit Income Summary $34,500
Credit Selling expenses $34,500
To close the selling expenses to income summary.
Debit Income Summary $12,750
Credit Administrative expenses $12,750
To close the administrative expenses to income summary.
Debit Income Summary $1,250
Credit Miscellaneous expense $1,250
To close the miscellaneous expenses to income summary.
Data Analysis:
1. Accounts to be closed to Income Summary are:
Fees earned revenue $65,000 Income Summary $65,000
Income Summary $34,500 Selling expenses $34,500
Income Summary $12,750 Administrative expenses $12,750
Income Summary $1,250 Miscellaneous expense $1,250
2. Assets and Liabilities accounts:
Accounts receivable $45,000
Prepaid insurance 4,500
Land 50,000
Accounts payable 39,000
Notes payable 55,000
Retained earnings 12,000
Closed to Retained earnings: Dividends 2,000
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Business is a social process . Discuss
Answer:
Business is a social process. a single person cannot run a business, there are many single owner but they also need other person's help or market help for their business survival. ex help of the resources,if the business is product based or help of customer If it is service based. all this things work together. the whole economy works together. so it is a social process .
Answer:
Technology aligned solutions integrating the functions and processes of hardware , software , telecommunications and networks . From basic internet connectivity to software development , w provide all kind of technological services based on the type of industry.
Explanation:
Hope this help BLINK!
Which is an example of an interest group? (Professional communications)
Interest groups are all about connecting you to the opportunities, insights, and resources that promote professional success through the creation of a network of peers, faculty, alums, staff, and employers.
Special Interest Groups, which are typically centered on a shared interest or characteristic of a subset of members of the organization, may also exist in non-technical organizations. Trade unions serve as an essential illustration of this. Members of an interest group must always share similar objectives.
An example of an interest group is a partnership firm. However, a friendship group's members do not necessarily have to have similar interests in order to be friends. They might support the same sports team or belong to the same community, for instance.
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T/F. Managers should attempt to reduce the negative effects of stress by improving job satisfaction and by encouraging employees to take work home. FALSE
False. Managers should attempt to reduce the negative effects of stress by improving job satisfaction and by encouraging employees to take work home.
Encouragement of work-at-home behaviour can actually exacerbate the consequences of stress since it blurs the line between work and personal life and increases the risk of burnout.
Managers should instead concentrate on enhancing job happiness by fostering a positive work atmosphere, offering chances for employee development, and praising and rewarding excellent work. Additionally, they should promote positive behaviours like frequent exercise, day-long breaks, and vacation time.
Additionally, managers might introduce stress-relieving initiatives like yoga or mindfulness training to assist staff in controlling their stress levels.
Managers may foster a more productive and engaged workforce while also enhancing employee health and well-being by being proactive in decreasing workplace stress.
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Which of the following expenses are typically paid by credit?
a) Bills
b) Rent
c) Cars
d) Groceries
Options A. Bills, B. rent, and D. groceries are all typically paid for with a credit card.
Credit cards are a popular method of payment. Credit cards allow you to make purchases without having to pay for them right away. You can use your credit card to purchase everything from groceries to clothing to plane tickets. However, certain expenditures are more likely to be made with a credit card than others. So, let's find out which expenses are typically paid by credit.
Bills: One of the most typical expenditures that people pay for using a credit card is bills. Utility bills, such as water and electricity bills, mobile phone bills, and other types of bills, can all be paid using a credit card. Many credit card issuers have online bill pay capabilities, which means that you can schedule automatic payments and ensure that your bills are paid on time.
Rent: If you rent a home or apartment, you can use your credit card to pay your rent. Some property management firms and landlords may allow you to pay rent with a credit card. However, they may impose a fee for using a credit card to pay your rent. Make sure you check with your landlord first before using your credit card to pay your rent.
Cars: Another expenditure that people may use a credit card to pay for is the purchase or rental of a vehicle. Renting a car or making monthly car payments can be done with a credit card. However, it is essential to remember that some auto lenders and rental car agencies may have a limit on the amount you can charge to a credit card.
Groceries: Groceries are another expenditure that people frequently pay for using a credit card. Many supermarkets accept credit cards for purchases, making it a convenient method to pay for your groceries. However, using a credit card to purchase groceries can result in a high balance on your credit card if you do not pay it off promptly.
Bills, rent, and groceries are all typically paid for with a credit card. Purchasing or renting a car is also an option, but it may have limitations or fees attached to it. Regardless of what you use your credit card for, it is essential to remember to pay your balance in full and on time to avoid high-interest rates or other fees. Therefore, the correct options are A. B. and D.
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Answer: its cars
Explanation:
the transformational approach to labor-management relations is low in _____.
The transformational approach to labor-management relations is low in conflict.
The transformational approach focuses on building cooperative and collaborative relationships between labor and management. It aims to create a shared vision and common goals that align the interests of both parties. This approach emphasizes open communication, mutual respect, and trust-building between labor and management.
By promoting a positive and constructive relationship, the transformational approach seeks to minimize conflict and promote a cooperative work environment where both parties work together to achieve shared objectives.
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match the descriptions provided to their correct asset allocation model. - develop an appropriate diversification strategy across a broad set of asset classes. this is generally a long-term strategy where the goal is to minimize the probability of significant losses in one investment category. this generally includes a strict buy and hold strategy and passive re-balancing of a portfolio at preset intervals. - this strategy seeks to outperform the market in the short-term by picking asset classes that are expected to outperform market returns during the period. an investor attempts to time the market by moving into and out of asset classes based on short-term performance expectations. - this strategy uses models that calculate an efficient frontier based on estimates of returns, standard deviations, and correlations among sets of investment assets. it seeks to maximize return based on a selected level of risk using an efficient frontier with efficient portfolio options. a. mean-variance optimization asset allocation b. strategic asset allocation c. tactical asset allocation
a. Mean-variance optimization asset allocation
b. Tactical asset allocation
c. Strategic asset allocation
"Develop an appropriate diversification strategy across a broad set of asset classes. This is generally a long-term strategy where the goal is to minimize the probability of significant losses in one investment category. This generally includes a strict buy and hold strategy and passive rebalancing of a portfolio at preset intervals." -> Strategic asset allocation
"This strategy seeks to outperform the market in the short-term by picking asset classes that are expected to outperform market returns during the period. An investor attempts to time the market by moving into and out of asset classes based on short-term performance expectations." -> Tactical asset allocation
"This strategy uses models that calculate an efficient frontier based on estimates of returns, standard deviations, and correlations among sets of investment assets. It seeks to maximize return based on a selected level of risk using an efficient frontier with efficient portfolio options." -> Mean-variance optimization asset allocation
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How can the severity of orthostatic hypotension be minimized?
1. by remaining flat
2. by standing quickly
3. by moving slowly
4. all of the above
The severity of orthostatic hypotension can be minimized by moving slowly. So, correct option is 3.
Orthostatic hypotension refers to a drop in blood pressure that occurs when a person changes positions, particularly from lying down or sitting to standing. This sudden drop in blood pressure can lead to symptoms such as dizziness, lightheadedness, and fainting.
To minimize the severity of orthostatic hypotension, it is important to take measures that help stabilize blood pressure during position changes. Moving slowly when transitioning from lying down or sitting to standing allows the body to adjust gradually and gives the cardiovascular system time to respond by constricting blood vessels and maintaining blood pressure.
Option 1, remaining flat, may provide temporary relief by avoiding position changes, but it is not practical for daily activities. Option 2, standing quickly, can worsen orthostatic hypotension by rapidly dropping blood pressure.
Option 3, moving slowly, is the most effective approach as it allows the body to adapt and minimize the sudden drop in blood pressure.
Therefore, moving slowly during position changes is the recommended approach to minimize the severity of orthostatic hypotension and reduce the associated symptoms.
So, correct option is 3.
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________ is the process of improving an individual's productivity through more efficient use of time.
Time management can be defined as the process of improving an individual's productivity through more efficient use of time.
What is time management?This is the concept that has to do with the efficient use of time. It has to do with the ability to allocate activities at a particular time period.
Thye concept of time management is very useful in the business process and in other spheres of life.
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name two methods used to measure inequality of income in a country
The most commonly used inequality measure are the Gini coefficient ( based on Lorenz curve ) and the percentile or share ratios. This measures try to capture overall dispersion of income; how were they tend to people different leavles of importantance on the bottom middle and top end of distribution .
I hope it is helpful for you .
What was the primary reason that a fourth sector of the economy was created?
the increase in population
the digital revolution
the increase in demand for trade work
the Industrial Revolution
Answer:
its B: digital revolution
Explanation:
got right in edge
Texas star oil won the bid to build an oil facility for a host country government. However, the execution of the contract has been delayed due to bureaucratic procedures in the less-developed nation. In order to legally overcome this problem, texas star oil could resort to the payment of:.
The Texas star oil could have to resort to the payment of speed money in order to legally overcome the problem.
What is a speed money?A speed money refers to a money paid to speed up some tasks or operations that are been delayed intentionally by someone or some company.
Because of the pending bureaucratic procedures which made the execution of the contract to be delayed, the option of Speed money is most viable option for Texas Star oil.
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On january 1, the company purchased equipment that cost $10,000. The equipment is expected to be worth about (or has a salvage value of) $1,000 at the end of its useful life in five years. The company uses straight-line depreciation. It has not recorded any adjustments relating to this equipment during the current year.
$1,800 will be the Accumulated depreciation equipment at cost of equipment $10,000 and Salvage value of $1,000.
given data:
cost of equipment = $10,000
Salvage value = $1,000
Estimated useful life = 5 years
Annual depreciation expense = (Cost of equipment - salvage value)/Useful
life
= (10,000-1,000)/5
= $1,800
After all depreciation has been fully expensed, an asset's salvage value is its book value. A lease calculation or process includes residual value as one of its components. The salvage value of an asset is determined by what a business anticipates getting in return for selling or dividing the item after the end of its useful life. By deducting accrued depreciation from the original purchase price, a company can establish an asset's salvage value. The projected worth of a fixed asset after the end of its lease term or usable life is the residual value, commonly referred to as salvage value.
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Every day, Eloise talks with patients who suffer from drug abuse and helps them with their treatment plans. She sometimes works with Franklin who plans social events and outdoor activities on the drug facility grounds. Because some of the patients are there for months or years, Eloise and Franklin also work with Jessup, who takes care of patients’ hair care and other grooming needs. Which best describes the workers’ career pathways based on their tasks?
A.Eloise works in Family and Community Services, Franklin works in Counseling and Mental Health Services, and Jessup works in Personal Care Services.
B.Eloise works in Counseling and Mental Health Services, Franklin works in Personal Care Services, and Jessup works in Family and Community Services.
B.Eloise works in Personal Care Services, Franklin works in Family and Community Services, and Jessup works in Counseling and Mental Health Services.
C.Eloise works in Counseling and Mental Health Services, Franklin works in Family and Community Services, and Jessup works in Personal Care Services.
Answer:
D: Eloise works in Counseling and Mental Health Services, Franklin works in Family and Community Services, and Jessup works in Personal Care Services.
Explanation:
Its a wild guess, but it makes sense since Eloise deals with drug abuse which would be mental health and counseling, Franklin works on organizing local events (ive done this type of volunteering job before) so it would be a job that is apart of the community, and finally Jessup works (maybe) at a hair salon which would be more hair/personal care.
Correct me if iam wrong, and if iam right iam glad to have helped (if i did) :)
People do have careers. The option that best describes the workers’ career pathways based on their tasks is that;
Eloise works in Counseling and Mental Health Services, Franklin works in Family and Community Services, and Jessup works in Personal Care Services.A career path is known to be a kind of forward roadmap with short or long-term bench marks.
It is known to be a maps the ways an employee often takes from a lower-level position via a kind of successive roles to reach their ultimate goal.
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Suppose you're offered the following three accounts to invest $10,000 for 20 years: 14% simple interest, 4% Interest compounded monthly, and an annuity with quarterly payments of $125 at 9% interest compounded quarterly. Which is the best choice? Round your answers to the nearest cent. Part 1 of 4 The future value of $10,000 using 14% simple interest is $ 28,000 х Part: 1/4 Part 2 of 4 The future value of $10,000 using 4% interest compounded monthly is X
The greatest option among the three is to invest $10,000 at 14% simple interest since its future worth will be higher—$38,000—than that of the other two options
1)
Principal = $10,000
Simple interest rate,
R = 14%
Time = 20 years
$10,000's future value at 14% simple interest = Principal * [(1 + R) * Time]
Future Value = 10,000 * (1 = 14% * 20)
Future Value = 10,000 * (1 + 2.8)
Future Value = 10,000 * 3.8 = 38000
Therefore, $10,000's future worth at 14% simple interest equals $38,000.
2)
Annual Interest rate = 4% compounded monthly
Monthly rate (R) = Annual interest rate / 12
Rate = 4% / 12 = 0.33%
Principal = $10,000
Time = 20 years
Number of months (N) = Time * 12
Time = 20 years * 12 = 240 months
Future worth of $10,000 at 4% annual compounding interest equals Principal * (1 + R)ⁿ
Future Value = = 10,000 * (1 + 0.33%)²⁴⁰
Future Value = 10,000 * 2.2226 = $22,225.82
As a result, the future value of $10,000 at 4% interest per month compounded is $22,225.82.
3)
Quarterly payment (P) = $125
Annual interest rate = 9% (compounded quarterly)
Quarterly rate (R) = Annual interest rate / 4
Rate = 9% / 4 = 2.25%
Time = 20 years
No of quarterly payments (N) = 20 * 4
N = 80
Future value of Annuity = P * [(1 + R)ⁿ - 1] / R
Future Value = 125 * [(1 + 2.25%)⁸⁰ - 1] / 2.25%
Future Value = 125 * 219.1176 = $27,389.70
As a result, the Future Value of an Annuity for quarterly payments of $125 is equal to $27,389.70.
Therefore, the greatest option out of the three is to invest $10,000 at 14% simple interest since it will have a larger Future value ($38,000) than the other two options.
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What ethical dilemmas do you think professionals in the marketing and advertising industry face? Explain.
Answer:
knowing how to play on emotions but also not make people feel like terrible human beings?
Explanation:
Why are temporary accounts omitted from a post-closing trial balance?
Temporary accounts are omitted from a post-closing trial balance because they are closed at the end of each accounting period.
They are used to temporarily store data related to income and expenses that will be moved to permanent accounts later on. This is done so that the balance in the temporary accounts can be zeroed out and used again in the next accounting period.
In accounting, temporary accounts are also known as income statement accounts or revenue and expense accounts. These accounts are used to record the financial transactions that occur during an accounting period, such as sales revenue, cost of goods sold, and operating expenses. At the end of the period, the balances in these accounts are transferred to permanent accounts, such as Retained Earnings, to show the net income or loss for the period.
The temporary accounts are then closed, which means that the balances are reset to zero, so that they can be used again in the next period.
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7-Eleven Malaysia Holding Berhad's annual report for the fiscal year ending 2021 is available at https://www.7eleven.com.my/financial-reports. (At least two years of comparable financial statements are required.) A. Assess 7-Eleven's financial position for year 2020 and 2021 according to i) liquidity position, and how the liquidity position has changed over time from 2020 to 2021. (
II) asset management position, and how its asset management efficiency has changed over time. iii) debt management position, and how its debt management has changed over time. iv) profitability ratios, and how its profitability position has changed over time. v) market value ratios, and how its valuation has changed over time
B) Calculate 7-Eleven's ROE as well as the industry average ROE, using the DuPont equation. From this analysis, how does 7-Eleven's financial position. C) Write your opinion on what you think would happen to its ratios if the company initiated cost-cutting measures that allowed it to hold lower levels of inventory and substantially decreased the cost of goods sold. No calculations are necessary. Think about which ratios would be affected by changes in these two accounts.
7-Eleven's financial position assessment reveals changes in liquidity, asset management, debt management, profitability, and market value over time.
A. The assessment of 7-Eleven Malaysia Holding Berhad's financial position for 2020 and 2021 reveals the following:
i) Liquidity Position: The liquidity position improved in 2021 compared to 2020, as evidenced by higher current and quick ratios, indicating increased ability to meet short-term obligations.
ii) Asset Management Position: The asset management efficiency has shown improvement over time, with lower inventory turnover and receivables turnover ratios in 2021, indicating better utilization of assets.
iii) Debt Management Position: Debt management has remained relatively stable, with consistent debt-to-equity and interest coverage ratios, indicating a consistent ability to manage debt obligations.
iv) Profitability Ratios: Profitability has declined slightly in 2021, as indicated by lower gross margin, operating margin, and return on assets ratios, which may be attributed to various factors affecting the company's profitability.
v) Market Value Ratios: The market value has fluctuated over time, with changes in price-to-earnings and price-to-book ratios, reflecting shifts in investor perception and market conditions.
B. Calculating 7-Eleven's ROE using the DuPont equation and comparing it to the industry average ROE would provide insights into the company's financial position.
The analysis would determine whether 7-Eleven's profitability, asset utilization, and financial leverage are above or below industry standards, providing a comprehensive understanding of its financial performance.
C. If 7-Eleven initiated cost-cutting measures that reduced inventory levels and decreased the cost of goods sold, several ratios would be affected. The inventory turnover ratio would increase, indicating more efficient management of inventory.
The gross margin ratio would improve, reflecting higher profitability per unit sold. Additionally, the return on assets and return on equity ratios would likely improve due to increased profitability and more effective asset utilization.
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why was the chick-fil-a appreciation day event so successful and the cracker barrel boycott not as successful?
The success of the Chick-fil-A Appreciation Day event and the relative lack of success of the Cracker Barrel boycott can be attributed to several factors, including public sentiment, brand reputation, and the nature of the respective controversies.
1. **Public Sentiment**: The Chick-fil-A Appreciation Day event was organized in response to the controversy surrounding the CEO's public statements against same-sex marriage. The event gained significant traction and support from individuals who shared similar beliefs or felt strongly about the issue. The event tapped into a sizable portion of the population that held conservative views on marriage, leading to a large turnout.
2. **Brand Reputation**: Chick-fil-A had established a strong brand reputation based on its quality food, customer service, and Christian values. The company had a loyal customer base, and many supporters saw the event as a way to show solidarity and support for a brand they already valued. This preexisting positive brand reputation played a crucial role in the event's success.
3. **Nature of the Controversy**: The controversy surrounding Chick-fil-A's stance on same-sex marriage ignited strong emotions and sparked a national debate on issues of marriage equality and free speech. The event became a symbol of political and ideological alignment for many individuals, driving participation and media attention.
In contrast, the Cracker Barrel boycott faced several challenges. The boycott stemmed from a misunderstanding when the company briefly removed some Duck Dynasty merchandise from its stores. However, the company quickly reversed its decision and apologized, which diffused the controversy. Furthermore, the issue was relatively minor compared to the deeply divisive topic of same-sex marriage, which garnered more attention and public engagement.
Overall, the success of the Chick-fil-A Appreciation Day event can be attributed to its alignment with public sentiment, the strength of the brand's reputation, and the controversial nature of the issue at hand. The Cracker Barrel boycott, in comparison, faced less momentum due to the nature of the controversy and the company's swift resolution of the issue.
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9. Suppose the principal of a public school re-
quired all students to recite a prayer at the start
of each school day. What level of government
(federal, state, or local) would most likely deter-
mine whether or not the principal's action was
constitutional?
Answer: Federal government
Explanation:
Based on the scenario in the question, the federal government would most likely determine whether or not the principal's action was constitutional.
This is a national issue and shouldn't be left in the hands of the local or state government. It should be noted that in 1962, school sponsored prayer in the public schools was banned by the United States Supreme Court, on the basis that the First Amendment was being violated.
The court later ruled that students can meet and then pray on their respective school grounds so far it's done privately and no one is forced.
Hence, the federal government would most likely determine whether or not the principal's action was constitutional.
A change of state of matter is an example of a/an
A. chemical change
B. chemical reaction
C. exothermic reaction
D. physical change
Answer:
D.Physical Change
Explanation:
Physical changes alter the size, shape, form or basically the matter state of a material....& they are reversible.
So over here, Changes of state are physical changes in matter coz they are reversible changes that do not change matter's chemical form or chemical properties.
For example, Ice- even though it changes to water when it melts, it can still change back to ice when it freezes. so the change is reversible.
c. You borrow $55,000 and promise to pay back $213,581 at the end of 13 years. d. You borrow $10,000 and promise to make payments of $2,504.60 at the end of each year for 5 years. %
c. The interest rate on the loan in scenario c is approximately 5% per year. To find the interest rate, we can use the formula for compound interest:
Future Value = Present Value ×\((1 + interest rate)^{(number of years)}\)
In scenario c, the present value (loan amount) is $55,000 and the future value (amount to be paid back) is $213,581. The number of years is 13.
By rearranging the formula, we can solve for the interest rate:
Interest rate = \((Future Value / Present Value)^{(1 / number of years)} - 1\)
Plugging in the values, we get:
Interest rate =\(($213,581 / $55,000)^{(1 / 13)} - 1\) ≈ 0.05 or 5%
Therefore, the interest rate on the loan in scenario c is approximately 5% per year.
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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
You should induce vomiting in a child you suspect has been poisoned ONLY when
you have been instructed to do so by the poison center expert.
True
O False
Answer:
The correct answer is the option: False.
Explanation:
To begin with, when it comes to terms of helping someone and moreover saving someone's live it is absolutely necessary to always act in order to make sure that everything that was possible to do was done, so therefore that it is understandable that in a case where a child has been poisoned with something then the person closer must know that he could induce vomiting by putting the finger into the throat, gently, so that the body will automatically try to throw up. Otherwise if the person might have not been instructed by the poison center expert and the kid is posible to pass out then the situation can get worse if the person does not do something.