The consumption schedule will change lower by $30 billion if a lump-sum income tax of $50 billion is imposed and the MPS is 0.4.
A person's marginal propensity to consume (MPC) is the portion of any change in their disposable income that they would actually use to buy things. The amount of income that is not spent is saved, and his marginal propensity to save is measured as a percentage change in that amount of income (MPS).
MPS + MPC = 1
Here, MPS = 0.4
And hence, MPC = 1 - MPS = 1 - 0.4 = 0.6
According to the query, if an income tax is implemented, the disposable income will decrease due to the multiplier effect and the individual will be able to consume less.
The consumption would fall by $30 billion ($50 billion * MPC) or $600 million ($50 billion * 0.6).
As a result, the consumption plan will be $30 billion lower.
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A stadium sold 4000 tickets at 75$/ticket, 5350 tickets at 62$/ticket and, 7542 tickets at 49$/ticket. What was the total ticket sales revenue?
Answer:
4000x70=280000
5350x62=331700
7542x49=369558
add that all up to get $981258
Hope this helps!
Porter Resources Company acquired a tract of land containing an extractable natural resource. Porter is required by its purchase contract to restore the land to a condition suitable for recreational use after it has extracted the natural resource. Geological surveys estimate that the recoverable reserves will be 2,000,000 tons, and that the land will have a value of $1,000,000 after restoration. Relevant cost information follows:
Land $7,500,000
Estimated restoration costs 1,500,000
If Porter maintains no inventories of extracted material, what should be the charge to depletion expense per ton of extracted material?
Answer:
A. $4
Explanation:
The computation of amount of depletion per ton is shown below:-
Depletion per ton = (Acquisition cost of land + Estimated restoration costs- Salvage value) ÷ Tons of recoverable reserves
= ($7,500,000 + $1,500,000 - $1,000,000) ÷ 2,000,000 tons
= (9,000,000 - $1,000,000) ÷ 2,000,000 tons
= $8,000,000 ÷ 2,000,000 tons
= $4
Therefore for computing the depletion per ton we simply applied the above formula.
which racial/ethnic group has highest rate of uninsurance?
Answer:
White people
People of color were at much higher risk of being uninsured compared to White people, with Hispanic and AIAN people at the highest risk of lacking coverage (Figure 1).Jul 16, 2021
Explanation:
The ethnic or racial group has the highest rate of uninsurance is Hispanic or Latino people.
What is ethnic group?An ethnic group, also referred as an ethnicity, is a group of people that identify with one another because they share qualities that distinguish them from other groups. These traits may include ancestry, dialect, history, civilization, art, nation, religion, or economic treatment in their community.
White Americans were more likely to have private insurance (73%) than Black Americans (55%), whereas Black Americans were more likely to have public insurance (30% vs. 18%) or be uninsured (15 vs. 9 percent).
At 17.7%, Hispanic or Latino adults had the highest uninsured percentage in the country. Private health coverage percentages varied from 43.1% among non-Hispanic American Indian and Alaska Native people to over 74.2% for White individuals.
As a result, Hispanic or Latino persons have the greatest rate of uninsurance of any ethnic or racial group.
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South Africa mined 697,000 metric tons of aluminum in 2016. China mined 31,200,000
metric tons of aluminum in 2016. Which country had the absolute advantage?
A. South Africa
B. China
Answer:
China
Explanation:
Whenever a manufacturer can create an item or function in larger volume for the similar price, or even the same amount at a cheaper price, than other suppliers, he or she has an absolute advantage Large profits from commerce amongst suppliers of various commodities with differing absolute advantages might be based on absolute advantage.
In query Design view, what does the asterisk represent?
all fields
all tables
the primary key
O the field description
Answer:
Explanation:
All fields
Answer:
(D) all fields
Explanation:
Explain the basic functions and
characteristics of money, and describe the
composition of the money supply in the United States
The basic functions of money are related to its being a unit of measurement, an instrument of exchange and store of values.
What is the money supply?It corresponds to all the currency present in the economy of a given country, that is, the amount of money present in the form of cash and deposits.
Therefore, money is an essential instrument of a country's economy, where money is also used in the form of credit and loans, helping economic development.
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QUESTION ONE
ABC Ltd wishes to expand its business. On 31 Dec 2021, the company had
the following existing and proposed capital structures to support the
expansion programme.
1. The existing 8% debt capital has a book value of Ksh 50 000 000 and
matures in 10 years. The market value of debt at the close of business on
31 Dec 2021 was Ksh 40 000 000
2. A ten year loan of Ksh 300 000 000 is to be raised at an interest of 10
percent p.a. A cost of Ksh 20 000 000 will be incurred in raising this loan
3. A 12% preference stock capital stands in the books at Ksh 100 000 000
( 1 000 000 shares) and has a total market value of Ksh 150 000 000.
4. There are 40 000 000 ordinary shares with a current market price of Ksh
1500 each. The firm’s expected earnings per share (EPS) stand at Ksh
200, its growth rate is 6% and has a dividend payout of 60%.
5. The company plans to issue 10 000 000 ordinary shares at a market price
of Ksh 1 500 per share. The cost of floating the shares is estimated at Ksh
10 000 000.
Required:
i) Firm’s current weighted average cost of capital (10 marks)
ii) Firm’s expected weighted average cost of capital after the expansion
programme (i.e. marginal cost of capital) (5 marks)
QUESTION TWO
An investor intends to place Ksh 112,000,000 in the 91 days Treasury bill at a quoted rate/yield of 7.65%
p.a.
Required:
a) Compute the investor’s return, assuming that he is withholding tax-payer
b) Compute the investor’s return, assuming that he is non-withholding taxpayer (6 marks)
Answer:
rat
Explanation:
A clothing eCommerce comapny has an Average Order Value of $65. It costs the company $35 to produce the clothes in the average order and $15 to ship it to the customer. What is the Average Order's Gross Profit? * $65 $50 $30 $15
Previous question
The average order's gross profit for the ecommerce company is $15. The Option D is correct.
What is the calculation for the gross profit?To calculate the average order's gross profit, we will subtract the total cost of producing and shipping the clothes from the revenue generated by the order.
Revenue generated by the order is $65.
The total cost of producing and shipping the clothes is:
= $35 + $15
= $50.
The gross profit of the average order is:
= $65 - $50
= $15.
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Mr. Wiley owns a couple of houses. He lives in the better one. The other house he rents to the Jones family for $20,000 per year. By renting the newer and better house in which he chose to live, he could earn $35,000. Given this information, what would be the contribution of these two houses to U.S. GDP
Answer:
20,000
Explanation:
Only rented house is counted as per gdp
If you put money into a compound interest account with 7.2% interest rate how many years will it take to double your money?
Answer:
It would take 2 years
Explanation:
7x2=14 witch is the 7.2% interest rate so it would take two years 2 double your money
Identify the assumptions underlying the economic order quantity (eoq) formulation that often do not hold true in practice. (check all that apply.)
a. production cost
b. demand rate
c. other variables
All of the options ( a, b, and c) can be assumptions underpinning the economic order quantity( EOQ) expression that frequently don't hold true in practice.
a. product cost: EOQ assumes that the product cost per unit is constant, but in practice, the product cost may change due to colorful factors similar as affectation, changes in input prices, and changes in technology.
b. Demand rate: EOQ assumes that the demand rate is constant and known in advance, but in practice, the demand rate may change due to colorful factors similar as changes in consumer preferences, profitable conditions, and competition.
c. Other variables: EOQ assumes that there are no other costs associated with ordering or carrying force, but in practice, there may be fresh costs similar as setup costs, storehouse costs, and force holding costs. also, EOQ assumes that there's no lead time or detention in entering force.
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Question 2a. A car rental agency charges $75 per day plus 70 cents per mile. How
much does it cost to rent a car for a 1-day trip of 50 miles?
It will cost 250 dollars to rent a car for a 1-day trip of 50 miles.
What is arithmetic progression?A number sequence that has a common difference between them. It is important to mention that the difference between the consecutive numbers is fixed and constant, and it remains the same throughout the sequence.
Given that,
Car rental charge = $75/day
Cost per mile = 70 cents/mile or, $3.5 [1 cent = $0.05]
Distance to be traveled in the 1-day trip = 50 miles
Total cost of 50-mile trip = 50 x 3.5 = $175
Per day car rental charge = $75
Total cost of car rent = $175 + $75 = $250
It can be concluded that it will cost 250 dollars to rent a car for a 1-day trip of 50 miles.
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features of a cover note
Answer:
It will be:
a) Address and date
b) salutation
c) Body of letter.
d) Conclusion.
Explanation:
The first one is address.
The second one is one's greetings.
The third one is: one's purpose of writing the letter.
The last is the rounding up of the letter.
What steps will allow you to use the Keep Together property to ensure that none of the records are broken between two pages when they are printed?
Answer: 1. design
2. property sheet
3. yes
Explanation: just did it
Debbie Jones and Bill Schneider exchanged standard order forms to formalize their contract for a batch of goods and realized that their standard forms do not agree on material terms. Under UCC section 2-207, when will there be a contract? Assume that Bill did not make his acceptance conditional on Debbie's assent to any additional or different terms.
Under the Uniform Commercial Code (UCC) section 2-207, a contract can be formed even when the parties' standard forms do not agree on material terms.
However, the terms of the contract will be determined based on the parties' conduct and any additional or different terms proposed in the forms.
In the situation described, if Bill did not make his acceptance conditional on Debbie's assent to any additional or different terms, there will be a contract under UCC section 2-207. The terms of the contract will be determined based on the following rules:
The terms of the contract that both parties agreed upon will be included in the contract.If the parties' standard forms contain conflicting terms, the conflicting terms will be considered "knocked out," and the UCC will supply gap-fillers to determine the missing terms.If one of the parties included additional or different terms in their standard form, those terms will be included in the contract if they do not materially alter the contract and the other party does not object.If one of the parties included additional or different terms in their standard form, and those terms materially alter the contract, the terms will not be included in the contract unless the other party explicitly agrees to them.Therefore, the specific terms of the contract will depend on the conduct of the parties and whether any additional or different terms materially alter the contract. If no material alterations are made, then the terms will be determined by the UCC gap-fillers.
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more frequent switching from bonds to money will result in a higher opportunity cost of holding money and lower money management costs. true or false.
Answer:
False
Explanation:
In Economics, more frequent switching from bonds to money would not result in a higher opportunity cost of holding money and lower money management costs because on the average, individuals will have less money to hold. As a result of this, there would be a sharp decline or fall in their opportunity costs.
Also, as individuals make more business transactions, there would be a consequent increase or rise in their money management costs.
Hence, more frequent switching from bonds to money would result in a lower opportunity cost of holding money and higher money management costs.
On January 1, 2024, Dolar Incorporated had the following account balances in its shareholders' equity accounts.
Common stock, $1 par, 254,000 shares issued $ 254,000
Paid-in capital–excess of par, common 508,000
Paid-in capital–excess of par, preferred 120,000
Preferred stock, $100 par, 12,000 shares outstanding 1,200,000
Retained earnings 2,400,000
Treasury stock, at cost, 5,400 shares 27,000
During 2024, Dolar Incorporated had several transactions relating to common stock.
January 15: Declared a property dividend of 100,000 shares of Burak Company (book value $10.4 per share, fair value $9.20 per share).
February 17: Distributed the property dividend.
April 10: A 2-for-1 stock split was declared and distributed on outstanding common stock and effected in the form of a stock dividend. (Dolar chose to reduce Paid-in capital—excess of par.) The fair value of the stock was $4 on this date.
July 18: Declared and distributed a 4% stock dividend on outstanding common stock. The fair value is $5 per share.
December 1: Declared a 50 cents per share cash dividend on the outstanding common shares.
December 20: Paid the cash dividend.
Required:
Without preparing journal entries, prepare the shareholders' equity section of Dolar's balance sheet as of December 31, 2024. Assume net income is $540,000 for 2024.
The preparation of the shareholders' equity section of Dolar's Balance Sheet as of December 31, 2024, is as follows:
Shareholders' Equity Section:Common stock, $0.50 par, 528,320 shares issued $264,160
Paid-in capital–excess of par, common 345,440
Paid-in capital–excess of par, preferred 120,000
Preferred stock, $100 par, 12,000 shares outstanding 1,200,000
Retained earnings 2,574,240
Treasury stock, at cost, 5,400 shares (27,000)
Total equity $4,476,840
Transaction Analysis:January 15: Property Dividend $920,000 Loss from Fair Value $120,000 Investment Burak Company$1,040,000
April 10: Paid-in capital–excess of par, common $254,000 Stock Dividend $254,000
July 18: Retained Earnings $101,600 (20,320 x $5) Common Stock $10,160 Paid-in capital–excess of par, common $91,440
December 1: Retained Earnings $264,160 Dividend Payable $264,160 (528,320 x $0.50)
December 20: Dividend Payable $264,160 Cash $264,160
Common Stock:Beginning balance $254,000
July 18 Stock dividend 10,160
Ending balance $264,160
Paid-in Capital in excess of par - Common Stock:Beginning balance $508,000
April 10 Stock dividend (254,000)
July 18 Stock dividend 91,440
Ending balance $345,440
Retained Earnings:Beginning balance $2,400,000
July 18 Stock dividend (101,600)
Dec. 1 Cash dividend (264,160)
Net income 540,000
Ending balance $2,574,240
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Rank order the vendors, keeping the Seasonal Product Team's needs in mind.
1
M
Rank
2 D
4
P
K
Flexibility
Vendor
O Low Amount
↑ Increasing 10%
Castomer Issues
Quantity Shipped
O
O
Shipped On Time
Moderate Amount
Decreasing 10%
●T
High Amount
D
Since the primary goal of the seasonal team is to guarantee that products are available as and when needed and in the appropriate quantities, the vendor must have some qualities.
These include-
Flexibility to make changes in product demand, Fewer customer issues, Above average ratings in product shipping, And the ability to ship the products on schedule.Analysis of Vendors-
1. The advantages of vendor P-
-P include great flexibility and little customer complaints. The amount transported is small, despite the fact that delivery times are long and rising by 10%. P cannot thus be suggested.
2. Vendor D-
D is very adaptable, customer problems are growing by 10%. Furthermore, despite the great quantity, only a small percentage of the items are delivered on time. D thus cannot be suggested.
3. Vendor K -
K has a modest level of flexibility and some growing customer difficulties (the latter by 10%). While they are delivered on time, the amount sent is fair. K is therefore advised.
Hence keeping the Seasonal Product Team's needs in mind, the vendors K, P, D can be ranked in orders as 1,2,3 respectively.
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buyer needs $27,000 retail worth of backpacks for the BTS season. Buyer already purchased 360 backpacks at a cost of $11.50 each which will retail at $26 each. What markup percent must be obtained on the balance of purchases in order to average a 64.3% markup?
The markup percent that must be obtained on the balance of the purchases in order to average a 64.3 markup is a percentage of 42.14%.
What is Mark-Up PriceTo find the markup percent that must be obtained on the balance of the purchases, we first need to calculate the total cost of the 360 backpacks that have already been purchased.
360 backpacks * $11.50 per backpack = $4,140
Next, we need to calculate the total retail value of the backpacks that have already been purchased.
360 backpacks * $26 per backpack = $9,360
To find the markup percent, we need to divide the difference between the retail price and the cost by the cost, and then multiply by 100 to convert to a percentage.
[($9,360 - $4,140) / $4,140] * 100 = 126.1%
So the markup percent on the backpacks that have already been purchased is 126.1%.
Now we know that the total retail value of all the backpacks that the buyer needs is $27,000 and the retail value of the backpacks he already purchased is $9,360.
So, the retail value of the backpacks that are still needed is: $27,000 - $9,360 = $17,640
Given that the average markup percent of all the backpacks must be 64.3% we can set up the equation like this:
(($17,640 * markup%) + $4,140) / ($17,640 + 360) = 64.3%
Solving for markup% = (0.643*($17,640 + 360) - $4,140) / $17,640
markup% = 42.14%
So, the markup percent that must be obtained on the balance of the purchases in order to average a 64.3% markup is 42.14%.
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Every business transaction affects at least two accounts. This keeps the accounting equation in balance.
1. The owner deposited $60,000 cash in the business bank account.
2. Wrote a check to pay the month's rent.
3. The owner invested a computer in the business.
4. Bought computer equipment on account.
5. Received a check from a customer for services.
6. The owner withdrew cash for personal use.
7. Sold one of the computers on account.
8. Paid cash for a microcomputer.
What effects do the above transactions have on each of the accounts listed in the table. Use a "+" (plus sign) to indicate an increase, a "–" (minus sign) to indicate a decrease, or "0" (zero) to indicate no change in the account.
X represents the amount of money spent, received, or withdrawn in each respective transaction, which is not specified in the original prompt.
The Representation and ExplanationThe owner of the enterprise inserted $60,000 in cash into its business bank account, consequently raising both their Cash and Bank accounts by the same quantum.
A check was then issued for the rental payment; thus, diminishing Cash and Bank accounts with a similar magnitude as that rent expense. Moreover, they acquired a computer as an investment, thus amplifying their Computer account by its value while concurrently augmenting the Owner's Equity account to equivalent figure, as the proprietor contributed this equipment as a new asset.
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The primary goal of market research by entrepreneurs is to:
a) Reduce costs
b) Analyze data
c) Make better decisions
d) None of the above
The primary goal of the market research by entrepreneurs is to make better decisions.
Market research is referred to as an activity which is undertaken by the entrepreneurs in order to get the required information which is thus about the needs and also the preferences of the consumer who are in their target market.
Market research allows companies in order to understand the demand as well as the viability of their product and in order to see how it might perform in the real world. Thus, market research tends to help the entrepreneur in finding out their rivals in the business.
Hence, option C is correct.
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Yields on short-term bonds tend to be more volatile than yields on long-term bonds. Suppose that you have estimated that the yield on 20-year bonds changes by 10 basis points for every 21-basis-point move in the yield on 5-year bonds. You hold a $2.1 million portfolio of 5-year maturity bonds with modified duration 4 years and desire to hedge your interest rate exposure with T-bond futures, which currently have modified duration 9 years and sell at F0 = $70. How many futures contracts should you sell? (Do not round intermediate calculations. Round your final answer to the nearest whole number.)
Answer:
67
Explanation:
thebyield is good
Identify social responsibilities of the advertising industry in the United States
To support local enterprises
To participate in civic events
To improve the community
Social responsibilities of the advertising industry in the United States are To support local enterprises, to participate in civic events, to improve the community, to support local enterprises and many more.
Social responsibilities are the responsibilities of citizens to their community and to one another. These responsibilities can include but are not limited to, being a good citizen, providing for your family, participating in the community, and giving back.
Some other social responsibilities are:
To participate in civic events.To improve the community's image.To support the development of new businesses.To promote mental health awareness.To raise money for charity.To support the environment.To support the arts.To promote the development of new technology.To support the growth of small businesses.To support the development of the American economy.To promote the promotion of healthy lifestyles.To support the development of small businesses in rural areas.To develop marketing plans.To develop trade shows and advertising campaigns.To learn about Social responsibilities:
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A Master Limited Partnership (MLP) structure is limited to companies that receive 90% or more of their income from interest, dividends, real estate rents, gain from the sale or disposition of real property, income and gain from commodities or commodity futures, and income and gain from mineral or natural resources activities. True False
Answer:
True
Explanation:
Master limited partnership (MLP) is a publicly traded limited partnership.
MLP is a hybrid of a partnership and a corporation.
There are 2 types of partners in a MLP :
1. General partner : The general partner is engaged in the day to day running of the business. She has an unlimited liability.
2. Limited partner : the limited partner only contributes capital to the business. They are also known as silent partners
MLPs are treated as a limited partnership for tax purposes. A limited partnership has a pass through tax structure. To qualify for this pass through tax structure, MLPs must receive 90% or more of their income from interest, dividends, real estate rents, gain from the sale or disposition of real property, income and gain from commodities or commodity futures, and income and gain from mineral or natural resources activities.
3 different approaches of growth
Almost ___________________ percent of U.S. banks are FDIC members.
a
50
b
99
c
90
d
75
cuáles son las tres partes de una fracción
Monetary policy is BEST described as
A)
benefits received by employees in addition to wages and salaries.
B)
actions by the Federal Reserve System to expand or contract the money
supply.
a system that relies on supply and demand to determine the value of one
currency to another.
C)
D)
actions by the federal government to use spending and revenue collection
to influence the economy
Answer: B
Explanation:
If you wanted to demonstrate to potential future employers that you can use the Hootsuite Platform proficiently, what would you do?
A. Complete the Hootsuite Social Marketing Certification Course
B. Complete the Hootsuite Academy Platform Certification Course, and add your Credential to your LinkedIn Profile.
C. Add Hootsuite as a previous employer in your resume
D. Complete the Hootsuite Academy Platform Certification Course, then print out your Certificate and put it on your wall.
Answer:
B. Complete the Hootsuite Academy Platform Certification Course, and add your Credential to your LinkedIn Profile.
Explanation:
To demonstrate potential future employers proficiency in using the Hootsuite platform, it is essential that you complete the certification course on the Hootsuite Academy platform, as through the course you will have efficient technical skills to carry out brand management on social media and be able to compete to a job vacancy whose specialization is necessary.
Therefore, after obtaining the course certification, it is ideal that you add your credential to your Linkedin profile, as this is the platform most used by recruiters to identify whether the profile of a candidate for a vacancy matches the profile of the company.
In this way, there is a greater chance that a candidate will draw the attention of an employer to achieve a desired job vacancy and also to expand the networking network and gain new future professional positions.
Landon Jewelers uses the perpetual inventory system. On April 2, Landon sold merchandise with a cost of $3,500 for $7,000 to a customer on account with terms of 3/15, n/30. The journal entry to record the cost of goods sold would be:
A.
Merchandise Inventory
3,500
Cost of Goods Sold
3,500
B.
Sales Revenue
3,500
Cost of Goods Sold
3,500
C.
Cost of Goods Sold
3,500
Merchandise Inventory
3,500
D.
Cost of Goods Sold
3,500
Accounts Receivable
3,500
Answer: C.
Cost of Goods Sold
3,500
Merchandise Inventory
3,500
Explanation:
A perpetual inventory system is a system thats uses records transactions that take place in real-time. Both the returns and the purchases are recorded immediately as they happen in the inventory account.
Under the perpetual inventory method, it should be noted that sales will be credited to the inventory while the purchases that are incurred will be debited to the inventory and it should be noted that the debit will be recorded in the account of the cost of goods sold.
Therefore based on the question, the journal entry to record the cost of goods sold would be:
Debit: Cost of goods sold $3500
Credit: Merchandise inventory $3500
Therefore, the correct option is C.