In which two ways can using critical-thinking skills help a person select a suitable career?

locating specific inventory tools to set achievable goals
identifying hobbies relevant to the process of exploring careers
evaluating the positive and negative aspects of a career choice
acquiring the training necessary to succeed in a specific career
setting specific, achievable career goals

Answers

Answer 1

Answer:

it's

Explanation:

evaluating the positive and negative aspects of a career choice cuz it hits you with a sentiment of your identity and the career you would fit in and makes you realize your choice

acquiring the training necessary to succeed in a specific career yeah it is true once you learn the skill it can be easy and you don't have to be tensed about what you're going in the job cause you know what skills in what time should you use


Related Questions

In a market for chemicals, the demand function is P = 200 - Q. The private marginal cost for the chemicals producers is MCP = 50+ Q. Pollution generated during the production process causes external marginal cost for the society equal to MCE = 3Q.
(a) What specific tax would result in a competitive market producing the socially optimal quantity of chemicals?
(b) Instead of taxation, what else can the government do to make sure that the market will work itself out to achieve the socially optimal output?

Answers

(a) To achieve the socially optimal quantity of chemicals in a competitive market, the tax should be equal to the external marginal cost imposed on society. In this case, the external marginal cost is MCE = 3Q. Therefore, the specific tax should be set equal to the external marginal cost:

Tax = MCE = 3Q

Substituting the demand function into the tax equation, we have:

Tax = 3(200 - Q)

Simplifying:

Tax = 600 - 3Q

This tax would align the private marginal cost (MCP) with the social marginal cost (MCE) and result in the market producing the socially optimal quantity of chemicals.

(b) Alternatively, the government can implement a cap-and-trade system or establish regulations to limit pollution emissions. In a cap-and-trade system, the government sets a limit (or cap) on the total amount of pollution allowed in the market. It then issues a corresponding number of pollution permits that companies can buy and sell. This system encourages companies to reduce their pollution emissions by creating a market incentive.

By implementing such measures, the government ensures that companies internalize the cost of pollution and take actions to reduce it. This helps the market work towards achieving the socially optimal output by incentivizing firms to reduce pollution and minimize the negative externalities associated with chemical production.

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Which of the following individuals is a product manager?

Answers

Answer:

The answer is ... Alyssa is in charge of her company's line of waterproof rain boots.

Hope this helps!! ;)

What represents a difference in the process by which a monopolistic competitor and a monopolist make their respective decisions about quantity and price?

Answers

Answer:

There is no need for the monopolists to have the fear for entry

Explanation:

So, this particular problem or question is what is the part of economics known as the microeconomics. So, let us take the definitions of some important terms in the question which is going to assist us in solving this particular problem or question.

=> MONOPOLISTIC COMPETITOR: the term monopolistic competitor will also mean to say imperfect competitor. That is to say the kind of competition in which sellers or competitors compete in order for them to get some kind of advantage over the prices of goods and services in the market. The demand curve thus now has a download slope.

=> MONOPOLIST: Monopolists have advantage over the price of products or services in the market.

By comparing prices at different stores, consumers will:

Answers

By comparing prices at different stores, consumers will save money and make informed purchasing decisions.

How can comparing prices at different stores benefit consumers?

Comparing prices at different stores allows consumers to make informed purchasing decisions and save money. By taking the time to research and compare prices, consumers can identify the best deals and discounts available for the products they intend to buy.

This practice helps them ensure that they are getting the most value for their money. It can also help consumers uncover any price discrepancies or inflated prices allowing them to avoid overpaying for goods and services.

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When the site of a burn is not specified, _________________.

A. code only according to the extent of body surface involved
B. use an unspecified code
C. read the documentation to find the site
D. ask the provider

Answers

Answer:

A. code only according to the extent of body surface involved.

Explanation:

If the site of a burn is not specified.They used code only,according to the extent of the body surface involved.Sequence first that The code is reflected and the highesh degree of a burn when more than the one burn is present.

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Answer:

Code only according to the extent of body surface involved.

Explanation:

Yes suppose look at a situation below

You was cooking food and got burnt in hands .Now you have to take care according to your hand not according to other body parts

why the introduction of maximum prices in the petrol industry will not be an ideals decision for the country's economy​

Answers

The introduction of maximum prices in the petrol industry will not be an ideals decision for the country's economy because

a)​ if the maximum price is less than the equilibrium price, then it will cause a shortage in supply.

b) Petrol is essential for daily lives, without maximum pressure some people may not be able to buy the product.

What is Economy?

An economy is the large set of inter-related production, consumption, and exchange activities that aid in determining how scarce resources are allocated. It is defined as the management of financial matters for a community, business or family.

The economy of a country or region is the system by which money, industry, and trade are organized.

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Investors expectations of the federal reserve cutting interest rates in the near future caused _ in demand for bonds in the corporate bond markets because the expected value of fixed interest payments has _.

I have answered the question. Is this correct?

Investors expectations of the federal reserve cutting interest rates in the near future caused _ in demand

Answers

Investors expectations of the federal reserve cutting interest rates in the near future caused increased in demand for bonds in the corporate bond markets because the expected value of fixed interest payments has decreased

What is Investors expectations about?

Investors expectations of the federal reserve cutting interest rates in the near future can have an impact on the demand for bonds in the corporate bond markets.

However, the direction of the change in demand for bonds, and the change in the expected value of fixed interest payments, would depend on the specific details of the situation, such as the current state of the economy and the monetary policy of the Federal Reserve.

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If a price ceiling is imposed at $15 per unit when the equilibrium market price is $12, there will be:

Answers

Answer:

the tiny thing dont work

3.2.2 Quiz: The Function of Money
Question 6 of 10
In order for money to work properly, there can be only a certain amount of it in
the economy and there must be rules on who can print it. This is an element
of which characteristic of money?
A. Limited supply
B. Divisibility
C. Uniformity
O D. Acceptability
SUBMIT

Answers

The many forms of cash in an economy should resemble one another for money to function properly. This is a component of money's Uniformity. Option C is accurate as a result.

What is reffered to as currency ?

Anytime someone wants to sell anything or buy something, whether it be for themselves, a friend, a family member, or anybody else, they must pay a set sum of money, which is referred to as currency.

The Indian Rupee, which is the country's currency, must be used to buy or pay for anything in India. In Saudi Arabia, the Saudi Riyal is the preferred money. There is a market called the free market, and in that market, gold is also regarded as a form of money. Money should be uniform in order for the currency to operate well.

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how to find the retained earnings if you only have the net income for that year

Answers

Retained Earnings are equal to the sum of Beginning Retained Earnings and Net Income, with the difference being the Dividends.

To find the retained earnings for a year with only the net income available, you need to consider the following steps:

Determine the beginning retained earnings: If you have the beginning retained earnings balance from the previous year's financial statements, use that figure. Otherwise, assume it as zero.

Calculate dividends paid: If information about dividends paid during the year is available, subtract the total dividends paid from the net income. Dividends represent the portion of earnings distributed to shareholders and reduce retained earnings.

Adjust for any prior period adjustments: If there are any prior period adjustments or corrections, make the necessary adjustments to the net income.

Add net income and subtract dividends: Add the net income for the year to the beginning retained earnings. Then, subtract any dividends paid during the year.

Retained Earnings = Beginning Retained Earnings + Net Income - Dividends

The resulting figure will be the retained earnings for that year.

In summary, to find retained earnings with only the net income for the year, you need to consider the beginning retained earnings, dividends paid, and any prior period adjustments.

By adding the net income and subtracting dividends from the beginning retained earnings, you can calculate the retained earnings for that year.

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Marina (33) will use the single filing status. She itemized deductions in 2020. She plans to itemize for 2021. For her plan to itemize deductions to be the most beneficial her itemized deductions should exceed a threshold amount of:

A. $12,400

B. $12,500

C. $13,900

D. $18,800​

Answers

Based on the single filling status of Marina, and current tax laws on itemized deductions, for Marina's itemized deductions to be beneficial, they should exceed a threshold of B. $12,500.

How to find the most beneficial itemized deductions?

Tax laws are such that if the expenses you wish to deduct as itemized deductions are more than the standard deduction, then you should itemize your deductions.

What this means is that for Marina's plan to itemize deductions to be successful, she needs to have less itemized deductions than the standard deduction for those who are married and filing single. But, this amount should be as close as possible to the standard deduction.

In 2021, the standard deduction for those filing single was $12,550. This is as opposed to $18,800 for Heads of Households. The advantageous itemized deductions that Marina should exceed therefore, is $12, 500.

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The net income reported on the income statement is $97,309. However, adjusting entries have not been made at the end of the period for the
supplies expense of $2,135 and accrued salaries of $1,163. Net income, as corrected, is
a. $96,146
b. $97,309
c. $94,011
d. $95,174

Answers

The answer to your question is D

Tesar Chemicals is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. The CEO believes the IRR is the best selection criterion, while the CFO advocates the NPV. If the decision is made by choosing the project with the higher IRR rather than the one with the higher NPV, how much, if any, value will be forgone, i.e., what's the chosen NPV versus the maximum possible NPV? Note that (1) "true value" is measured by NPV, and (2) under some conditions the choice of IRR vs. NPV will have no effect on the value gained or lost. WACC: 6.75% 0 1 2 3 4 CFS -$1,100 $550 $600 $100 $100 CFL -$2,700 $650 $725 $800 $1,400

Answers

Project L has higher NPV

Value foregone=224.3065039-86.20358424=138.1029197

How to find the IRR of the Project

IRR of Project S=IRR({-1100;550;600;100;100})=12.2416%

IRR of Project L=IRR({-2700;650;725;800;1400})=10.7118%

Project S has a higher IRR

NPV of Project S=NPV(7.5%,{-1100;550;600;100;100})*(1+7.5%)=86.20358424

NPV of Project L=NPV(7.5%,{-2700;650;725;800;1400})*(1+7.5%)=224.3065039

Project L has higher NPV

Value foregone=224.3065039-86.20358424=138.1029197

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Fisk Corporation is trying to improve its inventory control system and has installed an online computer at its retail stores. Fisk anticipates sales of 63,000 units per year, an ordering cost of $4 per order, and carrying costs of $1.40 per unit.
(a) What is the economic ordering quantity?
Economic ordering quantity units
(b) How many orders will be placed during the year?
Number of orders
(c) What will the average inventory be?
Average inventory units
(d) What is the total cost of ordering and carrying inventory? (Omit the "$" sign in your response.)
Total costs $

Answers

Answer:

A.Economic Ordering Quantity =600 units

B.Number of orders= 105 orders

C.Average inventory units=300 units

D.Total cost = $840

Explanation:

A. Computation for the economic ordering quantity

Using this formula

EOQ =Sqare root of (2×Annual demand×Ordering cost) /Holding or carrying costs

Where,

Annual demand = 63 000 units

Ordering cost =$4

H = Holding or carrying costs = $1.40

Let plug in the formula

Economic Ordering Quantity =Sqare root of 2×63,000×4/1.4

Economic Ordering Quantity= Square root of 504,000/1.40

EOQ=Square root of 360,000

Economic Ordering Quantity=600 units

b. Computation of how many orders will be placed during the year.

Using this formula

Number of orders = Sales units / EOQ

Let plug in the formula

Number of orders= 63,000 / 600

Number of orders= 105 orders

c. Computation of what the average inventory be

Using this formula

Average inventory units = EOQ / 2

Let plug in the formula

Average inventory units= 600 / 2

Average inventory units=300 units

d. Computation for the total cost of ordering and carrying inventory

First step is to find the Ordering cost

Using this formula

Ordering costs = Number of orders × Cost per order

Let plug in the formula

Ordering costs= 105 × $4 = $420

Second step is to find the Carrying cost

Using this formula

Carrying costs = Average inventory × Carrying cost per unit

Let plug in the formula

Carrying costs = 300× $1.40

Carrying costs =420

Now Let find the Total cost

Using this formula

Total cost = Ordering costs + Carrying costs

Let plug in the formula

Total cost= $420 + 420

Total cost = $840

Therefore in a situation where a firm decide to place an orders based on the EOQ, this means the ordering costs will equal the carrying costs.

What is the Best loan option for your
lemonade Stand? Why?

Answers

Answer:

Short term loan

Explanation:

Lemonade stand can be regarded as a small business, Hence, the loan that suit the business is " Short term loan".

Short term loan can be regarded as loan that can be obtained to give support to ones personal as well as business capital. It is designed for the needs of small business capital with less interest compare to long term loan. The period of payment is usually within a year. It is of low risk and good profit.

How important are structure and culture compared to the other primary internal considerations for a strategic plan?

Answers

Structure and culture are among the primary internal considerations for a strategic plan. The importance of structure and culture cannot be undermined, as they both play an important role in the success of a company's strategic plan. Although there are other factors that may contribute to the success of a strategic plan, structure and culture are vital. They can be used to leverage the strengths of an organization to achieve its goals.

Structure refers to how an organization is organized and the interrelationships between different departments. A company's structure determines how information flows within the organization, and how employees interact with one another.

An effective structure enables employees to work together efficiently, leading to a higher level of productivity.

Culture refers to the set of values, beliefs, and attitudes that guide the behavior of an organization's members. A positive culture promotes employee engagement, which is essential for achieving an organization's goals.

A company's culture can influence how it deals with problems, how employees communicate with each other, and how they make decisions, among other things.

In conclusion, structure and culture are essential components of an organization's strategic plan.

By investing in a positive culture and a well-defined structure, companies can increase employee engagement, productivity, and ultimately, achieve their goals.

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The least expensive type of marketing research method is a(n)

Answers

The answer to your question is Secondary Research

This section is based on the case study titled: Maximising Media Relations for Effective Program Execution: UNICEF in Nigeria. This case study is found under the lesson 3 folder, and copies are under the additional resources folder. Please answer all these questions and ensure that you use the correct numbering as given in the question itself.
1. According to the case study, what is the role of public relations? [4]
2. Who are the stakeholders in this case study and their interests [5]
3. What were the strategic tactics and techniques used in the campaign [6]
4. What research methodology was used to develop this plan and discuss whether the programme was successful or not successful in your perspective. Provide evidence from the case study to support your argument. [10]
5. “For effective media relations, the public relations practitioner must understand how the media function and how reporters work” – (Baskin et al, pp:179). As a public relations practitioner what is your assessment of the use of mass media
in this programme and was the use of mass media the best option vs social media in
the programme? (We want to see the student present their own argument here) [5]
6. What did you learn in this case study? [5]

Answers

UNICEF in Nigeria uses strategic strategies and approaches for stakeholder engagement to maximize media relations for effective program execution. Here are the responses to the prompts.

What about the case study?

This case study highlights how essential public relations is when it comes to creating a positive image for an organization while building meaningful relationships with important stakeholders.

In this instance UNICEF was determined to raise awareness regarding their programs in Nigeria by engaging local community leaders while effectively communicating their message to citizens via media outlets. Conversely Nigerias government prioritized developing strategies which addressed citizens' needs coupled with enhancing its reputation. The stakeholders involved included: UNICEF representatives; Nigerian government officials; members of various influential media organizations; respected community leaders; as well as concerned members of society at large.

 To implement effective strategies required tactical thinking alongside techniques such as holding press conferences/ interviews with key players in local/the national press corps; partnering with appropriate organizations/media personalities across identified relevant industries: e.g governance/community activism or where its most needed. Various research methods were employed inclusive of conducting situational analyses regarding media trends in Nigeria.

Also stakeholder analysis was crucial to identify key targets that helped achieve desired outcomes. The UNICEF program gained excellent traction among its target audience through effective outreach and significant coverage.

As a practitioner involved in public relations work I believe that incorporating mass communication was instrumental in broadening the scope for the advocacy messages and amplifying visibility around necessary programs run by UNICEF globally. Moreover using social media channels served as a valuable medium through which younger demographics could be successfully engaged while receiving personalized insights.

The case study has several vital implications regarding understanding regional media landscapes and establishing relationships with important players operating within the regions.

 Collaborative partnerships between local communities alongside other organizations pursuing common goals can result in expanded outreach capacity leading towards new opportunities for positive change. Finally this multifaceted approach utilizing various channels became pivotal not only for generating better visibility but also raising awareness on issues championed by UNICEF globally.

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You have discovered that one of you closest friends at work has stolen a large sum of money from the company. Would you do nothing? Go directly to an executive to report the incident before talking about it with the offender? Confront the individual before taking action? Make contact with the individual with the goal of persuading that person to return the money?

Answers

Answer:I would recommend confronting the individual before taking any action. It is important to first discuss the issue with the offender to understand the situation and whether it was intentional and deliberate. If the offender is uncooperative or unwilling to return the money, then the next step would be to go directly to an executive to report the incident.

Explanation:

Julie evaluated her spending and found that she was spending about $75 more per month on transportation than she has bodgeted She can transfer money from other categories to increase transportation budget to $250 per month If her total monthly income S1,900 , to the nearest percent, what percent of her monthly income will be budgeted for transportation

Answers

Answer:

Julie

The percent of her monthly income that will be budgeted for transportation is:

= 13%.

Explanation:

a) Data and Calculations:

Amount budgeted for transportation = $175

Amount being spent on transportation = $250

Total monthly income = $1,900

Percentage of monthly income that will be budgeted for transportation = $250/$1,900 * 100

= 13.16%

= 13.2%

= 13%

Percentage of monthly income earlier budgeted for transportation = 9% ($175/$1,900 * 100)

The additional spending on transportation represents 4% ($75/$1,900 * 100)

New percentage spending on transportation = 13% (9% + 4%)

Magnificent Blooms is a florist specializing in floral arrangements for weddings, bo graduations, and other events. Magnificent Blooms has a fixed cost associated with space and equipment of $100 per day. Each worker is paid $50 per day. The daily production § function for Magnificent Blooms is shown in the accompanying table. © Macmil Submit All Quantity of labor (workers) 0 1 2 3 4 5 a. Calculate the marginal product of each worker. Quantity of floral arrangements 0 5 9 12 14 15 Marginal product Quantity of labor (workers) 1 2

Answers

The marginal product of each worker for Magnificent Blooms is as follows: Worker 0: N/A: Worker 1: 5: Worker 2: 4: Worker 3: 3: Worker 4: 2: Worker 5: 1

To calculate the marginal product of each worker for Magnificent Blooms, we need to determine the change in the quantity of floral arrangements resulting from each additional worker.

Here's how to calculate the marginal product for each worker:

Worker 0: Since there are no workers (0 workers), the quantity of floral arrangements is 0. Therefore, the marginal product for worker 0 cannot be calculated.

Worker 1: The quantity of floral arrangements with 1 worker is 5. To calculate the marginal product for worker 1, we subtract the quantity of floral arrangements with 0 workers from the quantity with 1 worker: 5 - 0 = 5.

Worker 2: The quantity of floral arrangements with 2 workers is 9. To calculate the marginal product for worker 2, we subtract the quantity of floral arrangements with 1 worker from the quantity with 2 workers: 9 - 5 = 4.

Worker 3: The quantity of floral arrangements with 3 workers is 12. To calculate the marginal product for worker 3, we subtract the quantity of floral arrangements with 2 workers from the quantity with 3 workers: 12 - 9 = 3.

Worker 4: The quantity of floral arrangements with 4 workers is 14. To calculate the marginal product for worker 4, we subtract the quantity of floral arrangements with 3 workers from the quantity with 4 workers: 14 - 12 = 2.

Worker 5: The quantity of floral arrangements with 5 workers is 15. To calculate the marginal product for worker 5, we subtract the quantity of floral arrangements with 4 workers from the quantity with 5 workers: 15 - 14 = 1.

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Laser World's income statement reported total revenues, $850,000 and total expenses (including $40,000 depreciation) of $720,000. The balance sheet reported the following: Accounts Receivable-beginning balance, $50,000 and ending balance, $60,000; Accounts Payable- beginning balance, $22.000, and ending balance,$28,000. Therefore, based only on this information, the net cash flows from operating activities were
A) $126,000.
B) $166,000.
C) $166,000
D) $174,000
E) $186,000

Answers

The income statement is one of the essential financial statements for a company. It displays a company's revenues, expenses, gains, and losses over a specific period (often a year). Revenues are any funds earned from the sale of goods or services, while expenses are any costs incurred to produce those products or services.

Gains and losses, on the other hand, refer to how the company got or lost money in different ways. Depreciation, for example, is a common gain or loss on the income statement.A balance sheet is another essential financial statement. A balance sheet shows what a business owns (its assets), what it owes (its liabilities), and the equity the shareholders have in the business (its shareholders' equity).

To calculate the net cash flow from operating activities, you need to add depreciation expenses to the net income and subtract any increases in current assets and increases in current liabilities from the result. The sum of these is the cash generated by operating activities (or net cash flow from operating activities).Here are the balance sheet figures:Accounts Receivable-beginning balance, $50,000; ending balance, $60,000.Accounts Payable-beginning balance, $22,000; ending balance, $28,000.

Here is the income statement: Total revenues, $850,000.Total expenses (including $40,000 depreciation), $720,000.To calculate the net cash flows from operating activities, we need to start with the company's net income, which is $130,000 ($850,000 revenue minus $720,000 total expense). Then we add back in the $40,000 depreciation expense since it was subtracted as an expense. This gives us $170,000. Finally, we subtract the increases in Accounts Receivable and Accounts Payable.

This gives us $4,000 for Accounts Receivable ($60,000 minus $50,000) and $6,000 for Accounts Payable ($28,000 minus $22,000).As a result, the net cash flows from operating activities are $166,000. Therefore, the correct option is B. $166,000.

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Where would period costs be found on the financial​ statements?A. As operating expenses on the income statement in the period incurred.B. As operating expenses on the income statement for a previous period.C. Under current assets on the balance sheet.D. Under current liabilities on the balance sheet.

Answers

Answer:

A. As operating expenses on the income statement in the period incurred

Explanation:

In Variable Costing, Both Fixed Manufacturing Costs and Non - Manufacturing Costs are treated as Period costs. In Absorption Costing, only Non - Manufacturing Costs are treated as Period costs.

Period Costs can be found under operating expenses on the income statement in the period incurred.

Examples include Advertising, Rentals, Selling and Distribution and any Administration costs.

Below is information regarding inventory purchased and sold by Pikes Peak Tea Company: Pikes Peak had no beginning inventory in 2016, and during 2016 it purchased inventory of 100 tea kettles for $60 each. In 2017, Pikes Peak Tea Company sold 80 tea kettles for a retail price of $90 each. In 2018, the replacement cost of the tea kettles changed to $50 per tea kettle. Pikes Peak did not sell any inventory in 2018. Which of the following statements are correct for Pikes Peak Tea Company?

I. Pikes Peak would have a total ending inventory of $1,200 at the end of 2018
II. Pikes Peak would record a credit to inventory for a total of $4,800 in 2017
III. Pikes Peak would record a debit to cost of goods sold for $200 in 2018

a. I, II, and Ill are all correct statements
b. ll and Ill are the only correct statements, not
c. I and II are the only correct statements, not III
d. III is the only correct statement, not I and II
e. ll is the only correct statement, not I or III

Answers

Answer:

The correct answer is option (c) I and II are the only correct statements, not III

Explanation:

Solution

Given:

From the question stated, we are to find the correct Pikes Peak Tea Company.

Now,

Just As the pikes peal tea company purchased 100 kettles at $60 each and sold it for  80 kettles

Hence, the company had 20 kettles that was priced at at 60 each that is, $1,200. then, the Inventory resulted to $4,800 (80 * $60) and sold by the company and has to be credited in the Inventory ledger.

Trimble Graphic Design receives $1,500 from a client billed in a previous month for services provided.
Which of the following general journal entries will Trimble Graphic Design make to record this transaction?
a. Cash 1,500
Accounts Receivable 1,500
b. Cash 1,500
Unearned Design Revenue 1,500
c. Accounts Receivable 1,500
Unearned Design Revenue 1,500
d. Cash 1,500
Design Revenue 1,500
e. Accounts Receivable 1,500
Cash 1,500

Answers

Answer:

A

Explanation:

Debit Cash 2,200; Credit Accounts Receivable 2,200

C. Imagine you Deposit K10, 000 every six months for the next five years at an interest rate of 10% per annum. You would want to know what this value will be at the end of the period.
Required:

i. Using simple interest (5 Marks)
ii. Using compounded interest (5 Marks)
iii. If the deposits were made at the beginning of every six months (5 Marks)
iv. If the deposits were made at the end of every six months (5 Marks

Answers

i) Using simple interest, if the deposits were made at the beginning of every six months, the ending (future value) would be K127,500.

ii) Using simple interest, if the deposits were made at the end of every six months, the ending (future value) would be K122,500.

iii) Using compounded interest, if the deposits were made at the beginning of every six months, the ending (future value) would be K132,067.87.

iv) Using compounded interest, if the deposits were made at the end of every six months, the ending (future value) would be K125,778.93.

What differentiates simple interest from compound interest?

The difference between simple interest and compound interest is that simple interest is only based on the principal.

On the other hand, compound interest computes interest on both the principal and accumulated interest.

Simple Interest (Deposits at Beginning):

Period  Principal     Interest      Balance

1            K10,000       K500      K10,500 (K10,000 + K500)

2            20,000       1,000        21,500 (K10,500 + K10,000 + K1,000)

3            30,000       1,500       33,000

4            40,000      2,000      45,000

5            50,000     2,500       57,500

6            60,000     3,000       70,500

7            70,000     3,500       84,000

8            80,000    4,000       98,000

9           90,000     4,500      112,500

10        100,000     5,000     127,500

Simple Interest (Deposits at Ending):

Period  Principal     Interest      Balance

1            K10,000       K0           K10,000

2            20,000       500        20,500 (K10,000 + K10,000 + K500)

3            30,000       1,000       31,500

4            40,000       1,500      43,000

5            50,000     2,000      55,000

6            60,000     2,500      67,500

7            70,000     3,000       80,500

8            80,000    3,500       94,000

9           90,000     4,000     108,000

10        100,000     4,500     122,500

Compound Interest at Ending:

N (# of periods) = 10 (5 x 2)

I/Y (Interest per year) = 10%

PV (Present Value) = K0

PMT (Periodic Payment) = K10,000

Results:

FV = K125,778.93

Sum of all periodic deposits = K100,000 (K10,000 x 2 x 5)

Total Interest = K25,778.93

Compound Interest at Beginning:

N (# of periods) = 10 (5 x 2)

I/Y (Interest per year) = 10%

PV (Present Value) = K0

PMT (Periodic Payment) = K10,000

Results:

FV = $132,067.87

Sum of all periodic deposits = K100,000 (K10,000 x 2 x 5)

Total Interest = K32,067.87

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which of the following is not an advantage of budgeting?

Answers

Explanation:

where are the options of the question

Answer:

wasting of money

Explanation:

because that's is disadvantages of budgeting

Which of the following best explains why a country might specialize in the production of a good?
O Consumers in the country only demand a single good.
O The country believes it is generally better to do one thing really well than multiple things.
The country cannot produce other goods and services.
Specialization allows the country to exchange for more of other goods than it could produce.

Answers

The best explanation for why a country might specialize in the production of a good is specialization allows the country to exchange for more of other goods than it could produce (option D).

Specialization in the production of a particular good enables a country to take advantage of its available resources, labor, and technology to produce that good more efficiently and at a lower cost compared to other countries. As a result, the country can sell its specialized good to other countries in exchange for other goods that it needs but cannot efficiently produce on its own.
For example, if a country specializes in the production of coffee, it can produce coffee beans at a lower cost and higher quality than other countries due to its favorable climate and available resources. The country can then trade its coffee for other goods that it cannot produce as efficiently, such as electronics or machinery.
Specialization also leads to increased productivity and efficiency, as workers can focus on producing a specific good and become highly skilled in that area. This can lead to technological advancements and innovations, which can further improve production efficiency and competitiveness in the global market.
In conclusion, specialization allows a country to leverage its strengths in the production of a specific good, trade it for other goods it needs, and increase productivity and competitiveness.

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For federal tax purposes, which of the following is true regarding lump-sum life insurance benefits?

Answers

Based on the information given, it should be noted that all proceeds are income tax free in the year that they're received.

What is tax?

A tax simply means a compulsory levy that's paid by the people or companies to the government. It's important to achieve economic development.

For federal tax purposes regarding lump-sum life insurance benefits, it should be noted that all proceeds are income tax free in the year that they're received.

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A net worth statement is also called which of the following? A) personal liabilities sheet b) personal estate list c) personal assets list d) personal financial statement

Answers

I think the answer is d if m not mistaken
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