if kevin's children run a lemonade stand for a day and sell 200 glasses of lemonade at $0.50 each, their total revenues are

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Answer 1

If kevin's children run a lemonade stand for a day and sell 200 glasses of lemonade at $0.50 each, their total revenues are  $100.

What is the total revenue?

The total revenue is the total amount of income generates through the sale of goods or services associated with its core business activity. Because it appears at the top of the income statement, revenue, which is also known as gross sales, is frequently referred to as the "top line." A company's overall earnings or profit are referred to as income, or net income.

So, the revenue of the lemonade stand can be calculate by multiplying total sell to the price of lemonade

revenue = 200 glasses x $0.5 = $100

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Related Questions

Food King gathered the following information for the fourth quarter of 20X9: Budgeted sales for October $25,000 Monthly Expenses: Salary expense $1,500 Rent expense $1,000 Depreciation expense $400 Sales commissions 10% of sales Advertising expense 8% of sales Miscellaneous expense 5% of sales Monthly sales are expected to increase by 5% each month. Prepare an operating expense budget for the fourth quarter (for three separate months) of 20X9.

Answers

Answer and Explanation:

The presentation of the operating expense budget is presented below:

Particulars            October       November     December      

Budgeted sales    $25,000      $26,250        $27,562.5

                                            ($25,000 × 1.05)  ($26,250× 1.05)

Salary Expense     $1,500           $1,500         $1,500              

Rent expense       $1,000            $1,000         $1,000              

Depreciation

expense               $400                $400          $400              

Sales Commission $2,500           $2,625     $2,756

                         ($25,000 ×10%)   ($26,250 × 10%) ($27,562.50 × 10%)

Advertising expense $2,000       $2,100      $2,205

                ($25,000 ×8%)   ($26,250 × 8%) ($27,562.50 × 8%)

Miscellaneous expense $1,250    $1,312.5    $1,378

         ($25,000 ×5%)   ($26,250 × 5%) ($27,562.50 × 5%)

Total Monthly expenses $8,650   $8,937.5  $9,239

How does Europe write down their dates

Answers

[Day] [Month] [Year]

Europeans do not use commas.

Example (today's date!):

2 February 2021 is how it would be written in Europe.

may I have Brainliest? =)

The chicken-or-egg problem was an example of a(n) Multiple Choice first-mover disadvantage. economy of scale. economy of scope. first mover advantage. threat of new entrants.

Answers

Answer:

threat of new entrant.

Explanation:

Chicken or egg problem in economics is referred to as attraction to buyers. This is strategy for market setup or entry in the new market which will increase the competition. Sellers try to drive attraction to its customers with new and unique features of the products.

1. Find the derivative y' = dy/dx:
(a) y = 5x2 + 2x-1/2 + 3
(b) y = (3x2 - 1)(5x2 + 2x)
What is the y prime?

1. Find the derivative y' = dy/dx:(a) y = 5x2 + 2x-1/2 + 3(b) y = (3x2 - 1)(5x2 + 2x)What is the y prime?

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Answer:

you did the questions right . very good

In a visualization regarding the cost composition of your company’s five products, you can see the percentage of direct materials, direct labor and overhead percentages to total costs per unit. Based on this information, please answer the following questions.
1. The workers’ union is negotiating an increase in an hourly wage and an increase in health insurance coverage. If agreed by the management team, which product is more likely to be affected?

2. Assume that your company always uses the following formula to determine the markup: “direct labor to total costs percentage * 50%”. Does this make sense to you? What is the potential problem?

In a visualization regarding the cost composition of your companys five products, you can see the percentage
In a visualization regarding the cost composition of your companys five products, you can see the percentage
In a visualization regarding the cost composition of your companys five products, you can see the percentage

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Trade unions maintain and improve workers' terms and conditions through bargaining with employers.

What are the management decisions ?

Workers organized in trade unions benefit from higher wages—the so-called union wage premium. Union bargaining also results in a fringe benefits premium for covered workers. Trade unions reduce wage inequality.

The gross profit of a unit, which is its sales price less its cost to produce or acquire for resale, is divided by the unit's cost to determine the markup %. The markup percentage, which is computed as (12 - 8) / 8, is 50% for an item that costs the business $8 to produce but is priced at $12.

Hence

(a) Product  IN 600 and XA - 001 will be affected regarding decision of the the union .

(b) Company is using wrong method for computing Mark up that is senseless .

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NEED HELP!! PLEASE ID APPRICATE IT

NEED HELP!! PLEASE ID APPRICATE IT

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Graph # 2 is the answer
Graph number 2 is correct

A free enterprise system relies on entrepreneurs to:

A.
decide on fair pricing for consumer goods.

B.
settle disputes between competing businesses.

C.
take risks when starting new businesses.

D.
regulate companies in important industries.

Answers

A free enterprise system relies on entrepreneurs to regulate companies in important industries. That is, in a free enterprise system, entrepreneurs have the right to establish private properties with less state control.

Free enterprise encourages economic growth through the possibility of profitability through private property, with companies themselves being responsible for establishing rules and guidelines, following current legislation, but with less intervention.

Business risks are also assumed by entrepreneurs, prices are determined by the law of supply and demand and competition is free.

Therefore, in a free enterprise system, entrepreneurs have the ability to regulate companies in important sectors, contributing to a country's economic growth, investment and industrialization.

The correct answer is letter D.

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Answer:

C. take risks when starting new businesses

Explanation: the other person is wrong

The US Senate overwhelmingly passed the 2022 Defense Authorization Act. The $768 billion "Defense Authorization Act" not only exceeds the defense spending proposed by the Biden administration by $25 billion, but also increases the US defense budget by about 5% compared to last year.

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The US Senate passed the 2022 Defense Authorization Act, a $768 billion bill that surpasses the Biden administration's defense spending proposal by $25 billion and represents a 5% increase in the US defense budget compared to the previous year.

1. The US Senate passed the 2022 Defense Authorization Act.

2. The Defense Authorization Act is a bill that determines the budget and expenditures for the US defense sector.

3. The total amount allocated for the Defense Authorization Act is $768 billion.

4. The defense spending proposed by the Biden administration was exceeded by $25 billion in this Act.

5. The Act represents a 5% increase in the US defense budget when compared to the previous year.

6. This increase in the defense budget indicates a commitment to strengthening the country's defense capabilities.

7. The Act was passed overwhelmingly, indicating strong support from the Senate.

8. The Defense Authorization Act is an essential piece of legislation that ensures the funding and resources necessary for the US military to carry out its operations effectively.

9. The Act covers various aspects of defense spending, including military personnel, equipment, research and development, and strategic initiatives.

10. By passing the Defense Authorization Act, the US Senate has demonstrated its commitment to national security and defense preparedness.

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by the time janet pays off her entire loan, how much interest will she have paid

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When Janet pays off her entire loan, she will have paid the fixed value of the interest multiplied by the number of payments she made.

When a person borrows money from a bank, they must take certain aspects into account such as:

Debt capacity.Interest.Estimated payment time.Way to pay.

In the case of interest, it is an additional value that is paid to the bank in exchange for lending the money; interest can be understood as the bank's profit from lending the money.

According to the above, when someone borrows money each month, she must pay a part of the money that the bank loaned her and the interest, which is a small amount that corresponds to a percentage of the total value. For example.

Janet borrowed $ 10,000 and the bank clerk grants her the loan and tells her that the interest is 1%. This means that Janet must pay the $ 10,000 and additionally must pay 1% of this amount.

To find out how much Janet should pay in interest, we divide $ 10,000 by 100 and multiply by 1.

$ 10,000 / 100 × 1 = $ 100

According to the above, Janet must pay $ 100 interest to the bank for the loan they made. This payment is generally divided into the number of months in which Janet will pay the loan. For example 12 months.

$ 10,000/12 = $ 833.3$ 100/12 = $ 8.3

$ 833.3 + $ 8.3 = $ 641.6

Janet will pay $ 641.6 each month of which $ 8.3 corresponds to interest and $ 833.3 to the loan.

Note: This question is incomplete because it does not include information about Janet's loan. However, you can answer with a practical example.

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January 1, 2016, Kendall Inc. began construction of an automated cattle feeder system. The system was finished and ready for use on September 30, 2017. Expenditures on the project were as follows: January 1, 2016 September 1, 2016 December 31, 2016 March 31, 2017 September 30, 2017 $200,000 $300,000 $300,000 $300,000 $200,000 Kendall borrowed $750,000 on a construction loan at 12% interest on January 1, 2016. This loan was outstanding throughout the construction period. The company had $4,500,000 in 9% bonds payable outstanding in 2016 and 2017.
Interest capitalized for 2017 was ___.

Answers

Answer:

Interest capitalized for 2017 = $86,805

Explanation:

As per the data given in the question,

Average expenditure for 2016 = ($200,000×12÷12) +($300,000×4÷12)+($300,000×0÷12)

=$300,000

Interest capitalized for 2016 =($200,000×12÷12)+($300,000×4÷12)+($300,000×0÷12)×12%

= $36,000

Average expenditure for 2017 :

Accumulated expenditure in 2016 = ($200,000+$300,000+$300,000 +$36,000)×9÷9

= $836,000

For March-31,2017 = $300,000×6÷9

= $200,000

For Sept-30,2017 = $200,000×0÷9 = $0

Average expenditure for 2017 = $836,000 + $200,000 + $0

= $1,036,000

Interest capitalized for 2017 :

Specific borrowing = $750,000×9÷12×12%

= $67,500

Excessive amount = ($1,036,000 - $750,000)×9÷12×9%

= $19,305

Interest capitalized for 2017 = $67,500 + $19,305

= $86,805

Question 5 Shop A charges $275.00 for an oil change and has a gross oil profit percent of 39.1% for its total oil gross profit 96. Shop B charges $275.00 for an oil change and has a gross oil profit percent of 28.4% for its total oil gross profit . Both shops pay $21.25 per gallon of oil. What is the Profit per Lube for Shop B?​

Answers

To calculate the Profit per Lube for Shop B, we need to determine the total profit made from each oil change and then divide it by the amount of oil used.

First, we need to find the total oil gross profit for Shop B. We know that Shop B charges $275.00 for an oil change and has a gross oil profit percent of 28.4%. This means the gross oil profit is calculated as a percentage of the total price.

Gross oil profit for Shop B = 28.4% of $275.00

                                = (28.4/100) * $275.00

                                = $78.10

Next, we need to calculate the amount of oil used for each oil change. We are given that both shops pay $21.25 per gallon of oil.

Amount of oil used for each oil change = $275.00 / $21.25 per gallon

                                                     = 12.94 gallons (rounded to two decimal places)

Finally, we can calculate the Profit per Lube for Shop B by dividing the total oil gross profit by the amount of oil used.

Profit per Lube for Shop B = Gross oil profit for Shop B / Amount of oil used

                                       = $78.10 / 12.94 gallons

                                       ≈ $6.03 per gallon

Therefore, the Profit per Lube for Shop B is approximately $6.03 per gallon.

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QUESTION 2 10 poir if an investment account gives 5% interest annually, how much equal annual deposits you have to make for 10 years starting year 1 to have a $271,384 at your account at the end of this investment

Answers

You need to make equal annual deposits of $21,580.66 for 10 years at a 5% interest rate to have a final account balance of $271,384 at the end of this investment.

To determine the equal annual deposits you need to make for 10 years at a 5% annual interest rate to have a final account balance of $271,384, we can use the future value of an ordinary annuity formula:

FV = P * [(1 + r)^n - 1] / r

Where:
FV = future value of the annuity ($271,384)
P = equal annual deposits (unknown)
r = annual interest rate (0.05)
n = number of years (10)

We need to solve for P:

$271,384 = P * [(1 + 0.05)^10 - 1] / 0.05

Now, we will calculate the value inside the brackets:

(1 + 0.05)^10 - 1 = 1.62889 - 1 = 0.62889

Now, we plug this value back into the equation and solve for P:

$271,384 = P * (0.62889 / 0.05)

Next, we'll divide 0.62889 by 0.05:

0.62889 / 0.05 = 12.5778

Now, we'll plug this value back into the equation and solve for P:

$271,384 = P * 12.5778

Finally, we'll divide both sides by 12.5778 to find the equal annual deposits:

P = $271,384 / 12.5778 = $21,580.66

Therefore, you need to make equal annual deposits of $21,580.66.

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wheat is produced in a perfectly competitive market. if market demand increases, the individual wheat farmer's marginal revenue will and his profit-maximizing rate of output will . increase; increase increase; decrease decrease; increase decrease; decrease increase; remain unchanged

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In a case whereby wheat is produced in a perfectly competitive market if market demand increases, the individual wheat farmer's marginal revenue will and his profit-maximizing rate of output will increase.

What is perfectly competitive market?

Perfect competition can be described as the kind of competition that do take pace a s a result of how the  companies sell identical products.

It should be noted that in this market, the companies can exit at any time they want and in this market the share does not influence price in the market because there are alot of the firms there.

Therefore option A is correct.

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As wheat is produced in a perfectly competitive market, if market demand increases, the individual wheat farmer's marginal revenue will and his profit-maximizing rate of output will increase.

What is a perfectly competitive market?

Perfect market competition refers to the type of market structure where all producers and consumers have proper and symmetric information about the market and product.

Perfect market competition has the features of a large number of buyers, a large number of sellers and all products are homogeneous.

Basically, the perfect competitive market occurs when all the companies sell identical or homogeneous products.

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Company B acquired the following piece of equipment. Your staff accountant computed the book and tax depreciation. It is up to you to determine the deferred tax amounts. Equipment cost $50,000 Salvage 5,000 Useful life 5 Tax rate 21% Depreciation for book and tax purposes is as follows: Book Tax 20X1 9,000 20,000 20X2 9,000 12,000 20X3 9,000 7,200 20X4 9,000 4,320 20X5 9,000 1,480 What is the deferred taxes payable balance as of December 31, 20X3?

Answers

Answer:

$2,562

Explanation:

Excess tax depreciation 20X1 = 20,000 - 9,000 = $11,000

Excess tax depreciation 20X2 = 12,000 - 9,000 = $3,000

Excess tax depreciation 20X3 = 7,200 - 9,000 =   ($1,800)

Total Excess tax depreciation                                   $12,200

Deferred taxes payable balance,Dec 31. 20X3 = Total Excess tax depreciation *  Tax rate = $12,200 * 21% = $2,562 Credit

The information on the job application should be consistent with which of the following?

Resume only

Resume and cover letter

Resume,cover letter and social media profiles only

Resume cover letter social media profiles and interview answers

Answers

Answer:

Resume and cover letter should be the only things you will need normally employers don't ask for any social media it also depends of the job you're applying for if it's a high end job 9 times out of 10 they will go through your social medias but won't request them on your application.

Explanation:

comment if i misunderstood I'll be happy to help

Answer:Resume and cover letterrr

Explanation:

Outline and describe the different forms of Communication and further explain how they are important in an organization. Provide practical example to support your discussion.​

Answers

La comunicación desempeña un papel fundamental en el funcionamiento de una organización, ya que permite la transmisión de información, ideas, instrucciones y retroalimentación entre los miembros del equipo. Existen varias formas de comunicación que se utilizan en un entorno organizacional. A continuación, describiré algunas de las formas más comunes:

Comunicación verbal: Es el uso de palabras habladas para transmitir información. Puede ser en forma de reuniones, conversaciones cara a cara, llamadas telefónicas o videoconferencias. La comunicación verbal es rápida y permite una interacción directa entre las personas, lo que facilita la clarificación de dudas y la resolución de problemas en tiempo real. Por ejemplo, durante una reunión de equipo, los miembros pueden discutir ideas, compartir actualizaciones y tomar decisiones conjuntas.

Comunicación escrita: Implica el uso de palabras escritas para transmitir información. Esto incluye correos electrónicos, mensajes de texto, informes, memorandos y documentos formales. La comunicación escrita es útil cuando se requiere un registro permanente de la información y proporciona la oportunidad de revisar y editar antes de enviar el mensaje. Por ejemplo, un gerente puede enviar un correo electrónico detallando las metas y objetivos del proyecto a su equipo para asegurarse de que todos estén al tanto de las expectativas.

Comunicación no verbal: Se refiere a la transmisión de información sin el uso de palabras. Incluye gestos, expresiones faciales, lenguaje corporal y tono de voz. A menudo, la comunicación no verbal puede transmitir emociones y actitudes que pueden complementar o contradecir el mensaje verbal. Por ejemplo, durante una presentación, el lenguaje corporal de un orador puede transmitir confianza y entusiasmo, lo que refuerza su mensaje.

Comunicación formal: Se lleva a cabo a través de canales oficiales y estructurados dentro de la organización. Esto incluye comunicaciones descendentes, como anuncios y políticas de la gerencia hacia los empleados, así como comunicaciones ascendentes, como informes de estado y retroalimentación de los empleados hacia los superiores. La comunicación formal es importante para establecer líneas claras de autoridad y responsabilidad, así como para garantizar la coherencia en la información transmitida.

Comunicación informal: Se produce a través de interacciones sociales no estructuradas entre los miembros de la organización. Esto puede incluir conversaciones informales en el lugar de trabajo, interacciones en las pausas para el café o discusiones en grupos de chat en línea. La comunicación informal es valiosa para fomentar la camaradería, construir relaciones y facilitar el intercambio de ideas no convencionales. Por ejemplo, en un entorno de trabajo abierto, los empleados pueden compartir ideas innovadoras durante una conversación informal en la sala de descanso.

La importancia de estas formas de comunicación en una organización radica en que permiten la colaboración efectiva, la toma de decisiones informada, la resolución de problemas, la coordinación de tareas y la creación de un ambiente de trabajo positivo. Una comunicación clara y efectiva evita malentendidos, reduce los errores, mejora la productividad y fortalece la cohesión del equipo.

Un ejemplo práctico podría ser una empresa de desarrollo de software. En este caso, la comunicación verbal sería esencial para que los miembros del equipo discutan los requisitos del proyecto, compartan actualizaciones diarias y resuelvan problemas en las reuniones diarias de puesta al día (stand-up meetings). La comunicación escrita sería crucial para documentar los requisitos, especificaciones técnicas y cronogramas del proyecto, así como para enviar correos electrónicos y mensajes de chat con actualizaciones y solicitudes de retroalimentación. La comunicación no verbal también tendría un papel importante, ya que el lenguaje corporal y las expresiones faciales en las reuniones ayudarían a transmitir confianza y apoyo entre los miembros del equipo. En cuanto a la comunicación formal, se utilizarían informes de estado y presentaciones formales para mantener a la alta dirección informada sobre el progreso del proyecto. Por último, la comunicación informal se daría en momentos de descanso, donde los empleados podrían discutir ideas, plantear desafíos y fomentar la creatividad en un ambiente más relajado

Answer:

There are several different forms of communication that are important in an organization. These include:

1. Verbal communication: This is the use of spoken words to convey a message. Verbal communication is important in an organization because it allows employees to communicate with each other and with customers. For example, a salesperson might use verbal communication to explain the features of a product to a customer. Another example is a team meeting where employees discuss project updates and share ideas.

2. Nonverbal communication: This is the use of body language, gestures, and facial expressions to convey a message. Nonverbal communication is important in an organization because it can convey emotions, attitudes, and intentions. For example, a manager might use nonverbal communication to show approval or disapproval of an employee's performance. Another example is a job interview where the interviewer might use nonverbal communication to assess the candidate's confidence and professionalism.

3. Written communication: This is the use of written words to convey a message. Written communication is important in an organization because it provides a permanent record of communication. For example, an email can be used to communicate project updates, deadlines, and other important information. Another example is a report that summarizes the results of a project.

4. Visual communication: This is the use of images, graphs, and other visual aids to convey a message. Visual communication is important in an organization because it can help to simplify complex information and make it easier to understand. For example, a chart can be used to show sales trends over time. Another example is a video that demonstrates how to use a product.

All of these forms of communication are important in an organization because they allow employees to share information, ideas, and feedback. Effective communication can also help to build trust and relationships between employees, customers, and partners. For example, if a customer has a positive experience with a salesperson, they are more likely to return to the organization in the future.

A practical example of the importance of communication in an organization is a team project. Effective communication is essential for the success of the project. Team members need to be able to communicate their ideas, concerns, and progress to each other in order to stay on track and meet deadlines. This might involve verbal communication in team meetings, written communication in project reports, and visual communication in presentations. Without effective communication, the project is likely to fail.

Dawn, a grocery store manager, is packaging pasta salad for retail sale at the store. Which three of the following details should she include on the label? the ingredient list the storage guidelines the location of the distributor the date of product packaging the quantity of food

Answers

The three details which Dawn should include on the label for retail sale at the store include the following:

The ingredient list.The storage guidelines.The date of product packaging.

What is a product label?

A product label can be defined as a paper document that is designed and developed to provide specific information about the chemical elements, ingredient list, nutrients, storage guidelines, and other chemical compounds that are present in a product and its general use or function, including storage guidelines.

This ultimately implies that, a product label is a paper document which must be used by manufactures and store managers to specify the nutrients, ingredient list, chemical elements, storage guidelines, expiry date, and other compounds that were used to make a particular product.

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K 8 A bank holds $10 for every $100 in deposits. The bank wants to hold $7 for every $100 in deposits. The bank holds desired reserves of $14,000 and actual reserves of $29,000. What is the actual reserve ratio, the desired reserve ratio, and the excess reserves? >>> Answer to 2 decimal places.​

Answers

The actual reserve ratio is 10%, the desired reserve ratio is 4.8%, and the excess reserves are $15,000.

How did we get the values?

In order to determine the excess reserves, we first determine the deposits. The bank currently holds $29,000 in reserves, and that this represents $10 for every $100 in deposits. Therefore:

$10 / $100 = $29,000 / x

Solving for x, we get:

x = ($29,000 * $100) / $10 = $290,000

So the bank has $290,000 in deposits.

Calculate the actual and desired reserve ratios:

Actual reserve ratio = $29,000 / $290,000 = 0.10 or 10%

Desired reserve ratio = $14,000 / $290,000 = 0.048 or 4.8%

Finally, calculate the excess reserves:

Excess reserves = actual reserves - desired reserves = $29,000 - $14,000 = $15,000

Therefore, the actual reserve ratio is 10%, the desired reserve ratio is 4.8%, and the excess reserves are $15,000.

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To what extent do you consider that paperwork will be replaced in offices by data communicated via computer within the next twenty years? What effect may this have on internal communication? Discss

Answers

Paperwork is likely to be largely replaced by data communicated via computer in offices within the next twenty years.

This shift will have a significant impact on internal communication, making it faster, more efficient, and easier. However, it may also lead to concerns about data security and privacy, as well as a potential loss of face-to-face interaction and social cohesion within the workplace.

What is data security?

Data security refers to the protection of digital data and information from unauthorized access, use, disclosure, modification, or destruction. It involves implementing measures and controls to ensure the confidentiality, integrity, and availability of data, as well as protecting against data breaches, cyber attacks, and other forms of malicious or accidental data loss.

Data security is critical in protecting sensitive and confidential information such as personal and financial data, intellectual property, and trade secrets, and is essential for maintaining the trust of customers, partners, and stakeholders.

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When using the AutoFill feature, where should you put the mouse pointer in the cell to get the AutoFill handle?
bottom-left corner
bottom-right corner
top-left corner
top-right corner

Answers

Answer:

bottom right corner

Explanation:

Crime-related and demographic statistics for 47 US states were collected from government agencies, including the FBI's Uniform Crime Report. One analysis of this data found a strong connection between education and crime indicating that higher levels of education in a community correspond to higher crime rates. Which of the potential problems with samples discussed below could explain this connection?

Answers

Answer:

The potential problem with samples that could explain this connection is:

Causality.

Explanation:

There are different problems with samples and sampling, including sampling bias, sample size, and explaining causality between two variables.  Sometimes, small sample sizes can be used to draw conclusions, but the larger the sample size, the better. Likewise, the elimination of sampling bias increases the accuracy of research conclusions.  Most importantly, while a relationship or correlation may exist between two variables, it does not necessarily imply or explain that one variable causes the other.

Jasper makes a $86,000, 90-day, 7% cash loan to Clayborn Co. Jasper's entry to record the transaction should be: Multiple Choice Debit Notes Receivable for $86,000; credit Cash $86,000. Debit Accounts Receivable $86,000; credit Notes Receivable $86,000. Debit Cash $86,000; credit Notes Receivable for $86,000. Debit Notes Payable $86,000; credit Accounts Payable $86,000. Debit Notes Receivable $86,000; credit Sales $86,000.

Answers

Answer:

Debit Notes Receivable for $86,000; credit Cash $86,000

Explanation:

The journal entry to record the cash loan is given below;

Notes Receivable $86,000

           To Cash $86,000

(Being cash loan is recorded)

Here the note receivable is debited as it increased the assets and credited the cash as it decreased the assets

Therefore the first option is correct

Identifying relevant information Dave Schneider manages an IT department for a large corporation. Blair Murphy, vice president for marketing, has asked him to help her evaluate two statistical packages for monitoring customer purchases. Stat-Max costs $912,000, requires 2 gigabytes of disk storage space and 80 programmer hours for customization, and has no annual license fee. The software vendor provides 150 hours of user training and offers 24-hour technical support. Buy Tracker costs $500,000, requires 2 gigabytes of disk storage space and 125 programmer hours for customization, and carries a $10,000 annual license fee. The software vendor provides 150 hours of user training and offers technical support from 8:00 A.M. to 5:00 P.M. Central Standard Time.

Required;
What information is relevant to the decision to purchase one of these statistical packages?
What other information would you want to know?
Will the out-of-pocket cost of the software be more or less than the relevant cost? What causes the difference?

Answers

The cost, disc storage capacity, customisation hours, yearly licence price, user training hours, and technical support hours are all essential factors in deciding whether to acquire one of these statistical packages.

The following information is crucial to evaluating the choice to acquire one of the statistics packages:

1.Software cost: Stat-Max costs $912,000, whereas Buy Tracker costs $500,000. These statistics indicate the original cost of purchasing the programme.

2.Disk space: Stat-Max and Buy Tracker both require 2 gigabytes of disc space. This data is critical for determining hardware requirements and assuring compatibility with current systems.

3.customisation hours: Stat-Max requires 80 customization hours, whilst Buy Tracker requires 125.

This is the amount of time and resources necessary to tailor the software to the specific needs of the IT department and the company as a whole.

Stat-Max has no annual licence fee, whereas Buy Tracker has a $10,000 annual licence fee. This data assists in calculating the ongoing expenses associated with software maintenance.

5.User training: Both subscriptions include 150 hours of user training, which is critical for ensuring that IT workers and other users can effectively utilise the software.

6.Technical support: Stat-Max provides technical assistance 24 hours a day, seven days a week, from 8:00 a.m. to 5:00 p.m. Central Standard Time.

This information is critical for determining the availability and accessibility of help when it is required.

In terms of the software's out-of-pocket cost against the relevant cost, it is unclear what is meant by "relevant cost" in this situation. If "relevant cost" refers to the overall cost of ownership, which includes both initial and ongoing charges (such as licence fees and customisation),

If Stat-Max is chosen, the out-of-pocket cost may be less than the applicable cost because there is no yearly licence charge.

If, on the other hand, "relevant cost" refers to the whole cost of ownership over a set period, including customization and support, then a more extensive study would be required to identify the cost difference between the two packages and how it affects the overall relevant cost.

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Outline and describe the main types of Communication in your own words. Give one practical example for each type to support your discussion.​

Answers

Answer:

There are four main types of communication: verbal, nonverbal, written, and visual.

1. Verbal communication involves the use of words to convey a message. This can be done through spoken or written language. Verbal communication can be formal or informal, and it is often used in face-to-face conversations, meetings, presentations, and interviews. A practical example of verbal communication is a teacher giving a lecture to a classroom full of students.

2. Nonverbal communication involves the use of body language, facial expressions, and other nonverbal cues to convey a message. This can include gestures, eye contact, posture, and tone of voice. Nonverbal communication is often used in conjunction with verbal communication to reinforce a message or convey meaning. A practical example of nonverbal communication is a job interview, where the interviewer may use body language to convey their interest or disinterest in a candidate.

3. Written communication involves the use of written words to convey a message. This can include emails, memos, reports, and letters. Written communication is often used in business and academic settings, where a permanent record of the communication is required. A practical example of written communication is a business proposal that is sent to a potential client.

4. Visual communication involves the use of images, graphics, and other visual aids to convey a message. This can include charts, diagrams, videos, and photographs. Visual communication is often used in advertising, marketing, and design, where visual impact is important. A practical example of visual communication is a billboard that advertises a new product.

In summary, each type of communication has its own strengths and weaknesses, and they are all important in different contexts. Effective communication requires a combination of these four types, depending on the situation and the message that needs to be conveyed.

According to the creditor hierarchy, list the following from high risk to low risk
1 Ordinary share capital 2 Preference share capital 3 Trade payables 4 Bank loan with fixed and floating charges A 1,2,3,4 B 2,1,4,3 C 1,2,4,3 D 4,1,2,3 2.

Answers

The correct order from high risk to low risk is: D) 4, 1, 2, 3 where trade payables are the lowest-risk creditors, followed by ordinary share capital, preference share capital, and bank loans with fixed and floating charges being the highest-risk creditors.

Bank loans are a common form of debt financing provided by financial institutions such as banks to individuals and businesses.

The terms and conditions of bank loans can vary depending on the lender and the borrower's creditworthiness, but typically include an interest rate, repayment schedule, and collateral or security requirements.

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f Honduras is open to international trade in oranges without any restrictions, it will import
tons of oranges.
Suppose the Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers. A tariff of
$
per ton will achieve this.
A tariff set at this level would raise
$
in revenue for the Honduran government.

Answers

Suppose that Honduras is open to international trade in oranges without any restrictions, it will import an infinite amount of oranges. Therefore, the import of oranges can be limited through a tariff. The Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers.

A tariff of $720 per ton will achieve this. A tariff set at this level would raise $72,000 in revenue for the Honduran government.

Tariff: It is a tax imposed by a government on imported or exported goods. The main purpose of a tariff is to limit imports and protect domestic production and employment.

In this scenario, a tariff is imposed by the Honduran government to limit the import of oranges and help domestic producers. Therefore, if the tariff is set at $720 per ton, then it would reduce the imports of oranges to exactly 100 tons, which is the desired goal of the Honduran government.

Moreover, the tariff rate multiplied by the number of imports gives the amount of revenue raised by the Honduran government, which is $720 × 100 = $72,000. Thus, a tariff set at $720 per ton will raise $72,000 in revenue for the Honduran government.

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"Is college the best choice?" Using economic reasoning skills you have learned in this course, you will write an extended paragraph making a claim to the prompt, cite two pieces of evidence directly from the sources, and explain your reasoning of how this evidence connects to the claim.

Answers

Answer:

College education is undoubtedly the best choice for individuals seeking higher-paying jobs and better career prospects. According to the Bureau of Labor Statistics, individuals with a bachelor's degree earn an average of $1,248 per week, while those with only a high school diploma earn an average of $746 per week. This means that college graduates earn almost twice as much as those without a college degree. Additionally, a report by Georgetown University's Center on Education and the Workforce found that by 2020, 65% of all jobs in the United States will require some form of postsecondary education. This means that individuals without a college degree will have limited job opportunities and will be at a disadvantage in the job market.

The evidence from the Bureau of Labor Statistics and Georgetown University's Center on Education and the Workforce supports the claim that college education is the best choice. The higher earnings of college graduates compared to those without a college degree indicate that investing in a college education can lead to better financial outcomes. Furthermore, the report by Georgetown University's Center on Education and the Workforce highlights the increasing demand for postsecondary education in the job market. This means that individuals without a college degree will have limited job opportunities and will be at a disadvantage in the job market. Therefore, it is clear that college education is the best choice for individuals seeking higher-paying jobs and better career prospects.

within the relevant range of activity . multiple select question. variable costs do not change in total, only per unit the assumption that cost behavior is strictly linear is reasonably valid fixed costs remain constant in total and vary per unit

Answers

Within the relevant range of activity, the fixed costs remain constant in total. The Option C is correct.

Why do fixed costs remain constant?

Rent and lease costs, salaries, utility bills, insurance, and loan repayments are all examples of fixed costs. Some taxes, such as business licenses, are also fixed costs. Because you must pay fixed costs regardless of how much you sell, you should exercise caution when adding fixed costs to your small business.

Fixed costs are costs that remain constant regardless of whether sales or production volumes increase or decrease. This is because they are not directly involved in the manufacturing or delivery of a product or service. As a result, fixed costs are categorized as indirect costs.

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Suppose 10 new hair salons open in this city. Would this have an effect on the supply and / or demand curves? Explain

Suppose 10 new hair salons open in this city. Would this have an effect on the supply and / or demand

Answers

Answer:

it would have effects on the demand

Explanation:

this would have more affect on the demand because there are more people that want the Supply

A population of 478 rats has been undergoing linear growth over a five-year period. if the average growth rate was 1.4 rats per year, what was the approximate size of the initial population

Answers

Answer:

I think is 471, because the population have a LINEAR GROWTH over FIVE year, so we just need to do some math here to find the initial population: 1.4*5=7 478-7=471. Hope it helps :).

Explanation:

The approximate size of the initial population of the rats given the linear growth rate is 471.

What is the approximate size of the initial population?

When a population grows linearly,it increases by a fixed number each year. The equation that can be used to represent the linear growth is:

initial population  + (growth rate x number of years)

Initial population = population now - growth rate x number of years)

478 - (1.4 x 5) = 471

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