Answer: Sherry's credit score is 390
Explanation:
You did not include Megan's details so I used a reference question and you can answer with your details looking at how I answered this one.
Sherry personal information is shown below . age 26 .time of address 3 years .age of auto 9 years .car payment none. Housing cost 750 .checking and saving accounts checking only . Finance company reference no . Major credits cards 4 .ratio of debt to income 22% . Declared bankruptcy never .according to the following table what is her credit score
Option Points Allocated based on table
Age 26 20
Time of address 3 20
Age of Auto 9 0
Car Payment None 72
Housing Cost 750 48
Checking and Saving accounts Checking only 8
Finance company reference No 60
Major credits cards 4 60
Ratio of debt to income 22% 0
Declared bankruptcy Never 102
Total 390
If a 7% increase in the price of cheese causes a 7% reduction in the total revenue received by cheese farmers, the demand for cheese is:A.Inelastic.B.Elastic.C.Unit elastic.D.Infinite
Answer:
C.Unit elastic
Explanation:
Unit elastic demand is the term that describes a scenario where a change in price causes a proportionate change in demand. It is one of the types of elastic demand. A good or service is said to have elastic demand if a small change in price causes a considerable change in the quantity demanded.
In the unit elastic demand, if a product price changes by a certain percentage, the demand will change by an equal percentage. In this scenario, a 7 percent price increase results in a 7 percent decrease in demand.
By promoting transparency, the government can improve
a.profit margins
b.economies of scale
c.market efficiency
d.zoning
Answer:
Option c. is correct
Explanation:
By promoting transparency, the government can improve market efficiency.
The government should be transparent as transparency will also strengthen the democracy and effectiveness in Government. Openness provides information to the citizens about what their Government is doing for them.
Option c. is correct
Anyone else having this issue with Spotify with your ''following'' artists? I'm following more as I'm scrolling through but it's still at 33 Following. Anyone knows how to fix this issue or is it common? But no, seriously, please let me know if there's a way to fix it. If at all.
Answer:
go to page 5
Explanation:
How do Coca-Cola, Pepsi, Unilever, and Johnson & Johnson benefit from their various strategies with regard to plastic disposal? How do you feel about what they are doing?
Carrying your own reusable alternative allows you to avoid purchasing single-use plastic water bottles. Make sure you select an environmentally friendly and socially responsible substitute, such as a reusable bottle made of safe aluminum, glass, or stainless steel.
What are the methods for getting rid of plastic?Plastic water bottles are safe to drink from, but there are a few other things you should be aware of. Although BPA is not present in plastic water bottles, once they have been used, they could harbor dangerous microorganisms.
Therefore, The two-liter PET plastic bottle was invented by Coca-Cola. It gained popularity because it doesn't break, can be resealed, is lightweight, and is recyclable.
Learn more about plastic here:
https://brainly.com/question/28420086
#SPJ1
You should FOLLOW UP on items that: ______________, _________________, ________________.
Your company buys a computer system from IBM for $3 million and pays IBM $200,000 to install the computer system. The $3 million is on credit and your company pays $100,000 of interest on the loan in the current year. The acquisition cost of the computer system at the end of the current year will be
Answer:
$3.2 million
Explanation:
Calculation to determine what The acquisition cost of the computer system at the end of the current year will be
Using this formula
Acquisition cost=Purchase price+ Installation cost
Let plug in the morning
Acquisition cost= $3 million +$200,000
Acquisition cost=$3.2 million
Therefore The acquisition cost of the computer system at the end of the current year will be $3.2 million
How do agency problems arise? Give some examples of agency problems in the South African context. How can corporations monitor the costs of the problem?
Institutional investors are affecting the work of the agency.
What are the problems related to agency in South Africa?Agency expenses are influenced by corporate governance structures and the presence of institutional investors in South African publicly traded companies. According to our research, independent boards reduce agency expenses whereas huge boards increase them. It is crucial to separate institutional investors based on their investment goals and their capacity for effective monitoring to cut down on agency expenses. The findings demonstrate that while institutional investors, who have been viewed as a homogeneous group, have looked to play a significant governance role in reducing agency difficulties, pressure-insensitive investors have a greater ability to affect agency-related concerns. Results have an impact on how institutional investors and independent non-executive directors in South Africa can monitor companies.
To know more about agency problems visit:
https://brainly.com/question/8797247
#SPJ9
Home Inspirations. Hailey works for her father in a family-owned business called Home Inspirations, a bedding company that has been in operation since the 1800s. When her father retires, Hailey plans on taking over the business. Hailey is aware of many things about the company that she likes, and a few things that she does not. She has particularly noted that when the economy has low unemployment and high total income, sales are great. However, at any other time, sales are not so good.
Currently, all of the bedding items are created in one place and everyone works on various tasks every day. Hailey is thinking about streamlining the production process so that individuals would be responsible for only one task. She believes that if production would increases, she could sell her products at a lower price and increase revenue. She knows that most bedding products available in the market are very similar in nature and satisfy the same need. However, if she were able to lower prices, this might give her company the competitive advantage that it needs. She would then be able to invest money in differentiating her products by providing unique features, building the brand name, and offering services such as free delivery. She is also considering selling her products on the Internet. Hailey knows that her father does not like change very much, but she feels these changes are important for the future of the company.
Hailey feels that for productivity to improve, the company must practice: _________.
a. Free enterprise,
b. Work ethics,
c. Specialization,
d. Cultural diversity,
e. Pure competition.
Answer:
c. Specialization,
Explanation:
Since in the question it is mentioned that she selling her product on the internet and she knows her father does not like the changes but she knows that it would be important for the company .
So here if she wants to improve the productivity of the product so she must practice in specialization as if the product is different from the competitor in terms of quality, price, quantity, attractiveness, etc so the chances of increasing the sales would be high
Hence, the option c is correct
The following model is a simplified version of the multiple regression model used by
Biddle and Hamermesh (1990) to study the trade-off between time spent on sleeping and working
and to look at other factors affecting sleep:
Where sleep and totwrk (total work) are measured in minutes per week and educ and age are
measured in years.
A. If adults trade off sleep for work, what is the sign of ?
B. What signs do you think and will have?
Using the data we estimated the equation and obtained (the standard errors in brackets):
Sleep = 3.638.25 - 0.148 totwrk - 11.13 educ + 2.20age
(112.28) (0.017) (5.88) (1.45)
n = 706 R2 = 0.113
C. Is either educ or age individually significant at the 5% level against a two-sided
alternative?
Dropping educ and age from the equation gives
Sleep = 3.586.38 - 0.151 totwrk
(38.91) (0.017)
n = 706 R
2
= 0.103
Are educ and age jointly significant in the original equation at the 5% level?
D. Does including educ and age in the model greatly affect the estimated trade-off between
sleeping and working?
E. Suppose that the sleep equation contains heteroskedasticity. What does it mean about the
tests computed in B and D
Answer:
A. If adults trade off sleep for work, the sign of should be negative, because an increase in the amount of work would be expected to result in a decrease in the amount of sleep.
B. It is expected that and will be negative, because an increase in education and age would be expected to result in a decrease in the amount of sleep.
C. Based on the estimated equation, educ is individually significant at the 5% level against a two-sided alternative, because the p-value of 0.000 is less than 0.05. Age is not individually significant at the 5% level, because the p-value of 0.139 is greater than 0.05.
D. Educ and age are jointly significant in the original equation at the 5% level, because the p-value of 0.000 is less than 0.05.
E. If the sleep equation contains heteroskedasticity, it means that the variance of the errors is not constant across different values of the independent variables. This can affect the tests computed in parts B and D, because the assumption of constant variance is often used in statistical tests. Heteroskedasticity can lead to biased and inconsistent estimators and can also result in incorrect p-values and confidence intervals.
Explanation:
You lend a friend $, which your friend will repay in equal annual end-of-year payments of $, with the first payment to be received 1 year from now. What rate of return does your loan receive?
Answer: 18%
Explanation:
The payments that your friend will make are an annuity as they are constant. This means that the loan amount of $15,000 is the present value of the annuity.
To find the rate of return, use the factor tables.
Present value of annuity = Annuity * Present value interest factor of annuity, 14 years, ?%
15,000 = 3,000 * Present value interest factor of annuity, 14 years, ?%
Present value interest factor of annuity, 14 years, ?% = 15,000 / 3,000
Present value interest factor of annuity, 14 years, ?% = 5.0
Go to the present value of annuity factor table and find out what interest rate intersects with 14 periods such that the factor is 5.0.
That rate is 18%.
Rate of return is therefore 18%.
Part A
Step 1 Starting at MIDNIGHT, (12:01am) ending 3 days later (72hr) at MIDNIGHT (11:59pm) You can start any day of the week, upto Sat Mar 04.
For a minimum of 3 consecutive days monitor the time you spend doing the 8 different activities listed below
NOTE: Avoid using weekends only in your monitoring and try to stay with mid-week,
e.g. Tues, Wed, Thurs, where majority of days are mid-week.
Use the attached time sheets to record blocks of time. Round off to the nearest hour. Precision isn’t the goal. e.g. 2hrs and 20 minutes, would be rounded down to 2 hours. 2 hrs and 30 minutes would be rounded up to 3 hrs.
The full 24 hours of each day must be accounted for.
The following 8 categories are recommended to cover the majority of possible activities one might perform in the course of a day.
Sleep
Personal maintenance (showers, laundry, housecleaning, grocery shopping, family requirements etc.)
Travel (to work, to school, or for appointments)
Work hours (total hours at the workplace, excluding lunch or breaks)
School (total hours in classes, plus time spent, studying, re-writing notes, completing assignments, time on blackboard)
Fitness (formal or informal, attending the gym or walking home from work)
Recreation (other than fitness related, TV, Movies, Leisure reading, online shopping, crafts, Video games, children’s sports activities, dates, coffee meet ups)
Volunteer activities (United Way, Big Brothers/Sisters, your religious institution activities, PTA with schools)
Three day's activities
Time day day day
Activities Activities Activities
12:01-
1:00am
1:00am-
2:00am
2:00am-
3:00am
3:00am-
4:00am
4:00am
5:00am
5:00am-
6:00am
6:00am=
7:00am
7:00am-
8:00am
8:00am-
9:00am
9:00am-
10:00am
10:00am
11:00am
11:00am-
12:00pm
12:00pm
1:00pm
1:00pm-
2:00pm
2:00pm-
13:00pm
3:00pm-
4:00pm
4:00pm-
5:00pm
5:00pm-
6:00pm
6:00pm-
7:00pm
17:00pm-
8:00pm
8:00pm-
9:00pm
9:00pm-
10:00pm
10 00pm
11:00pm
11:00pm-
11:59pm
Here is an example of a three-day activity log:
The Activity LogDay 1:
Time Sleep Personal Travel Work School Fitness Recreation Volunteer
12:01-1:00 1
1:00-2:00 1
2:00-3:00 1
3:00-4:00 1
4:00-5:00 1
5:00-6:00 1 1
6:00-7:00 1 1
7:00-8:00 1 1
8:00-9:00 1 1
9:00-10:00 1 1
10:00-11:00 1 1
11:00-12:00 1 1
12:00-1:00 1
1:00-2:00 1
2:00-3:00 1
Day 2:
Time Sleep Personal Travel Work School Fitness Recreation Volunteer
12:01-1:00 1
1:00-2:00 1
2:00-3:00 1
3:00-4:00 1
4:00-5:00 1
5:00-6:00 1 1
6:00-7:00 1 1
7:00-8:00 1 1
8:00-9:00 1 1
9:00-10:00 1 1
10:00-11:00 1 1
11:00-12:00 1 1
12:00-1:00 1
1:00-2:00 1
2:00-3:00 1
Day 3:
Time Sleep Personal Travel Work School Fitness Recreation Volunteer
12:01-1:00 1
1:00-2:00 1
2:00-3:00 1
3:00-4:00 1
4:00-5:00 1
5:00-6:00 1 1
6:00-7:00 1 1
7:00-8:00 1 1
8:00-9:00 1 1
9:00-10:00 1 1
10:00-11:00 1 1
11:00-12:00 1 1
12:00-1:00 1
1:00-2:00 1
2:00-3:00 1
Note: The actual activities and time allocation would depend on the individual's personal and work life. This is just an example to illustrate how the log can be filled out.
It's important to be honest and accurate while filling out the log to get the most benefit from it.
Read more about activity logs here:
https://brainly.com/question/8052360
#SPJ1
If we introduce a new macro in one of the projects, under which category do we raise the change request?
O Process
O Input
O Metric
O Tools and Applications
If a new macro is introduced in a project, the change request should be raised under the "Process" category. option A
What is Process category In project management?In project management, change requests are used to document and track any changes to the project scope, schedule, budget, or resources. Change requests can be initiated by various stakeholders, such as the project team, the project sponsor, or the customer.
The "Process" category typically includes changes related to project management processes, procedures, or guidelines. Introducing a new macro in a project would fall under this category as it involves changing the process or procedure of the project. This change may impact project schedule, resources, or even budget, and hence should be documented as a change request.
Learn more about project management at https://brainly.com/question/16927451
#SPJ1
Cosmo Beauty Ltd is a company based in Umhlanga but has its operational plant situated in Johannesburg which manufactures three different cosmetic products namely, Cosmo Beauty A, B and C respectively. Cosmo Beauty A and B are main products while Cosmo Beauty C is a by-product. Past experience has indicated that the company’s output is made up as follows:
Cosmo Beauty A 60 %
Cosmo Beauty B 35 %
Cosmo Beauty C 5 %
The net proceeds of the by-product is used to reduce the joint production costs. Joint production costs during August 2022 were R4 372 000 for an output of 1 520 000 kg. Further processing cost for the products are as follows, Cosmo Beauty A, Cosmo Beauty B and By-product Cosmo Beauty C is R920 000, R1 400 000 and R116 000 respectively.
The selling price for Cosmo Beauty A and B is R32 per kg and R24 per kg respectively and By-product Cosmo Beauty C is R8 per kg. The company uses the physical unit method to allocate the joint costs to the joint products.
The financial director of the company wants you as the cost accountant to allocate the joints costs to the different products after reducing the proceeds from the by product.
Required:
What is the TOTAL gross profit calculated for Cosmo Beauty A and B?
Answer:
bsbdbdndndjdjdnnrjrjrjrjejeje jrjjrjrjrjfjf
According to the the total output of 1 520 000 kg , the production volume for Cosmo Beauty A is 912,000 kg.
What does "joint product costing" mean?The cost resulting from the shared processing or manufacturing of goods created from a shared raw material is what is referred to as joint product costing. The cost of the combined product is the outcome of splitting a single cost factor into two or more distinct products.
Some production expenses have an impact on many products or steps. These expenses are known as joint costs.
According to the given data
Joint production costs during August 2022 = R4,372,000
Total output = 1,520,000 kg
Beauty A Beauty B Beauty C
Output make up 60% 35% 5%
Further processing costs R920,000 R1,400,000 R116,000
Selling price per kg R32 R24 R8
Production volume 912,000 kg 532,000 kg 76,000 kg
(1,520,000 x 60%) (1,520,000 x 35%) (1,520,000 x 5%)
To learn more about joint product costing
https://brainly.com/question/14117951
#SPJ2
Casey Nelson is a divisional manager for Pigeon Company. His annual pay raises are largely determined by his division’s return on investment (ROI), which has been above 20% each of the last three years. Casey is considering a capital budgeting project that would require a $3,500,000 investment in equipment with a useful life of five years and no salvage value. Pigeon Company’s discount rate is 16%. The project would provide net operating income each year for five years as follows: Sales $ 3,400,000 Variable expenses 1,600,000 Contribution margin 1,800,000 Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs $ 700,000 Depreciation 700,000 Total fixed expenses 1,400,000 Net operating income $ 400,000 Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using tables. Required: 1. What is the project’s net present value? 2. What is the project’s internal rate of return? 3. What is the project’s simple rate of return? 4-a. Would the company want Casey to pursue this investment opportunity? 4-b. Would Casey be inclined to pursue this investment opportunity?
Answer:
1. What is the project’s net present value?
NPV = $101,7232. What is the project’s internal rate of return?
IRR = 17.24%3. What is the project’s simple rate of return?
simple rate of return = 11.43%4-a. Would the company want Casey to pursue this investment opportunity?
Yes, since the NPV is positive4-b. Would Casey be inclined to pursue this investment opportunity?
No, since it will decrease the average ROIExplanation:
initial outlay = -$3,500,000
cash flow years 1-5 = $400,000 + $700,000 = $1,100,000
discount rate = 16%
using a financial calculator:
NPV = $101,723
IRR = 17.24%
simple rate of return = $400,000 / $3,500,000 = 11.43%
Tang worked 52 hours last week. His hourly rate is $7.80. Tang’s gross pay for last week was $
Answer: $405.6
Explanation:
If Tang earns $7.80 per hour(Hourly rate) and works for 52 hours then his gross pay would be 405.6 dollars because 52*7.80 = 405.6.
all you need to do is multiply the horly rate by the number of hours worked
________ capital can be defined as the difference between the market value and book value of a firm, or a measure of its intangible assets.
Answer:
Intellectual
Explanation:
Intellectual capital refers to the capital in which the intangible assets should be considered with respect to the relationship, relative capital invested in the company
Therefore in the given case it is a measure of an intangible assets and shows the difference between the market value and the book value of a firm
1.14 When the wages per worker in the metal-working industry increases, the supply curve of
steel will shift to the right.
[1] True
[2] False
Answer:
false it will shift to the left
Determine whether each characteristic describes a general partnership (GP), limited liability company (LLC), both, or neither.
a. Must pay a business (corporate) income tax
b. When the business cannot pay its debts, creditors can take the owners' personal assets.
c. All owners can have management duties. TLC
d. The owners are often referred to as members.
e. Ownership is split among two types of owners: general and limited partners.
f. Owners have limited liability e.
Answer:
Explanation:
A general partnership is formed when two or more individuals come together and agree to share all their profits, assets, and the legal and financial liabilities.
Limited liability Company is a private company whereby the owners will be legally responsible for its debts based on the contribution of the capital thst they invested.
a. Must pay a business (corporate) income tax.
Neither. The above characteristic doesn't describe a general partnership (GP), or a limited liability company. They don't have to pay a corporate tax but will pay personal income tax by the owner.
b. When the business cannot pay its debts, creditors can take the owners' personal assets.
General partnership. When the business cannot pay its debts, creditors can take the owners' personal assets is a characteristics of general partnership.
c. All owners can have management duties.
Limited liability company. The above is a characteristics of limited liability company because all the members have equal status.
d. The owners are often referred to as members.
Limited liability Company. The owners of a limited liability Company are often referred to as members. This is contained in the Article of Organization.
e. Ownership is split among two types of owners: general and limited partners.
Neither. Ownership is split among two types of owners: general and limited partners isn't q characteristics of general partnership or limited liability Company.
f. Owners have limited liability.
Limited liability Company. Here, the owners have limited liability.
Answer:
Explanation:
for a sole proprietorship its
there are more than one owner, and liability is unlimited or can be unlimited
for a general partnership its
there are more than one owner, and liability is unlimited or can be unlimited
for a corparation its
theres more than one owner, and stocks may be used to generate income
that is it injoy
Which groups of people are eligible for Medicare?
A. People over 65 who live below the poverty level only
B. People over 65 only
C. People who live below the poverty level
D. People over 65 and people with disabilities
Which precaution should you take while working on a computer?
A.
Hold the connecting wires and not plugs when connecting and disconnecting.
B.
Maintain a cool temperature to avoid sweating.
C.
Keep all the screws you remove in a container because you want to use them on any device.
D.
Leave wires loose because they allow proper circulation of air.
Answer:
D.
Leave wires loose because they allow proper circulation of air.
Answer:
B
Explanation:
100% on PLATO
Để giảm thiểu tỷ lệ thất bại của các sản phẩm hay dịch vụ, các công ty nên
Answer: 12132313 cool
Explanation:
Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.
Based on the cost of production by Stam Company, the overhead rate which is applied to the jobs are:
Data and Calculations:
Job 306 Job 307 Job 308
Balances on March 31
Direct materials used (in March) $33,600 $41,900
Direct labor used (in March) $24,600 $20,300
Overhead applied (March) $12,300 $10,150
Costs during April
Direct materials used $139,000 $226,900 $102,000
Direct labor used $94,200 $161,500 $107,300
Overhead applied $55,600 $77,500 $52,500
($94,200 × 50%) ($161,500 × 50%) ($107,300 × 50%)
Job 306 - $47,100
Job 307 - $80,750
Job 308 - $53,650
The overhead rate applied for Job 306 in April is:
= Direct labor cost x 50%
= 94,200 x 50%
= $47,100
The overhead applied for Job 307 in April is:
= 161,500 x 50%
= $80,750
The overhead for Job 308 in April is:
= 107,300 x 50%
= $53,650
Hence, based on the cost of production by Stam Company, the overhead rate applied to the jobs are calculated above.
The given question is incomplete, the complete question is-
Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.
Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal 4. Prepare a schedule of cost of goods manufactured for the month end April 30. Stam Company Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured.
To learn more about the overhead rate here:
https://brainly.com/question/15187056
#SPJ1
Given the inverse DD and SS function as pd=90-Q and ps=[2Q+2]² find the CS for Qd =30 and pe= 40 and ps= for Qs=5 and 42, respectively Answer = CS is 1050 and PS is - 76.7
CS is 1050, representing the area between the demand curve and the price line. PS is -508322, indicating the producer's inability to cover costs.
In this question, we are given the inverse DD and SS functions, and we need to find the consumer surplus (CS) and producer surplus (PS) for certain given values. The inverse DD function is given as pd = 90-Q, which represents the demand curve, and the inverse SS function is given as ps = (2Q+2)², which represents the supply curve. We need to find the CS for Qd = 30 and pe = 40, and the PS for Qs = 5 and 42, respectively. To find the CS, we need to calculate the area between the demand curve and the price line, i.e., the difference between the willingness to pay (WTP) and the actual price paid. Here, the WTP is given by the demand function, which is pd = 90-Q. At Qd = 30, the WTP is pd = 90-30 = 60. The actual price paid is pe = 40. Therefore, the CS = WTP - price paid = 60 - 40 = 20. However, this is the value of the individual CS. To find the total CS, we need to integrate the CS over the entire demand curve, which gives us CS = ∫(90-Q-40)dQ = ∫50-QdQ = 50Q - (Q²/2) |\(_0^{30}\) = 1050.To find the PS, we need to calculate the area between the supply curve and the price line, i.e., the difference between the actual price received and the minimum supply price (MSP). The MSP is given by the supply function, which is ps = (2Q+2)². For Qs = 5, the MSP is ps = (2(5)+2)² = 98. For Qs = 42, the MSP is ps = (2(42)+2)² = 7396. The actual price received is given as 40, which is less than the MSP for both values of Qs. Therefore, the PS is negative, which indicates that the producer is not able to cover their costs. The PS is calculated as the area between the supply curve and the actual price received. Here, we have two values of Qs, so we need to calculate the PS for both and add them up. For Qs = 5, the PS = (40-98)(5) = -290. For Qs = 42, the PS = (40-7396)(42-5) = -508032. Therefore, the total PS = -290 - 508032 = -508322. Thus, the CS is 1050 and the PS is - 508322.In summary, we were given the inverse DD and SS functions and we needed to find the CS and PS for certain values. To find the CS, we calculated the area between the demand curve and the price line, which is the difference between the WTP and the actual price paid. To find the PS, we calculated the area between the supply curve and the price line, which is the difference between the actual price received and the MSP. The total CS was found by integrating the individual CS over the entire demand curve. The total PS was found by adding the PS for both values of Qs. The CS was found to be 1050 and the PS was found to be -508322.For more questions on demand curve
https://brainly.com/question/1139186
#SPJ8
What is the difference between soft and hard skills?
A Soft skills are specific to a career and are taught in classes. Hard
skills make you a good employee and can be learned anywhere.
B. Soft skills make you a good employee and can be learned
anywhere. Hard skills are specific to a career and are learned in
classes.
C. Soft skills are learned on the job and hard skills are learned before
entering the workforce.
OD. Soft skills are learned before entering the workforce and hard
skills are learned while on the job.
SUBMIT
Option (b), You can gain soft skills anyplace, and they make you a good employee. Hard skills are acquired in classes and are unique to a certain profession.
Which differences exist between hard abilities and soft skills?"Hard skills" are the expertise and abilities required to properly do the tasks associated with a profession. The personality attributes that allow employees to flourish in work, on the other hand, are known as soft skills.
Capabilities and aptitude that have a measurable value are called hard skills. They are frequently suited to a certain vocation and can be gained through formal schooling or on-the-job training. Soft skills are more generic and less job-specific than hard abilities, and they are less well-defined than hard talents.
Learn more about on-the-job training: https://brainly.com/question/14451563
#SPJ1
Answer:
B.
Explanation:
Soft skills make u a good emplyee and can be learned anywhere..
Which of the following is a strategy that may be used to gain financial success?
1_ buy what you want
2_ignore risks
3_make a financial plan
4_borrow money for fun
On March 1, Bates Board Shop sells 300 surfboards to a local lifeguard station at a sales price of $400 per board. The cost to Bates is $140 per board. The terms of the sale are 3/15, n/30, with an invoice date of March 1. Create the journal entries for Bates to recognize the following transactions.
the initial sale
the subsequent customer payment on March 10
The Initial sale is = $42,000.
The calculation is as Follows ?Sales=Number of Units ×Sales Price
=300 surfboards×$400
=$120,000
The amount of sales is $120,000.
Cost of Goods Sold=Number of Units×Cost
=300 surfboards×$140
=$42,000
The amount of cost of goods sold is $42,000.
Accounts receivable, often known as AR or A/R, are legally enforceable claims for payment held by a firm for products supplied or services provided that consumers have requested but have not paid for.
Customer onboarding, invoicing, collections, deductions, exception management, and eventually cash posting following payment collection are all steps in the accounts receivable process.
These often take the form of invoices generated by a business and provided to the client for payment within a predetermined time limit. In a balance sheet, accounts receivable are displayed as an asset.
Learn more about Receivable ,from :
brainly.com/question/29445716
#SPJ1
Read the articles, the interview, and listen to the podcast then answer the following questions-
1. What is the main takeaway for you in each of them?
2. How can you incorporate what you learned in each of them into your final social media marketing plan?
"How to Create a Social Media Content Strategy"
"How to Integrate Your Digital Marketing and Social Media Plan for Online Success"
"The Journey of a Social Media Marketer: Q&A with SMT Influencer Rachel Strella"
Main takeaway: Creating a great social media content strategy is imperative for marketing and engaging your audience.
2a. I'll focus on a content strategy that meets our goals and audience needs.
2b. We'll regularly analyze content metrics to keep our strategy effective and flexible.
2c. I'll align our digital marketing with social media for a consistent brand experience. By merging plans, we can enhance our online presence and boost success.
2d. I'll apply the influencer's experiences to our marketing plan. I'll explore social media marketing challenges and strategies to adapt for success.
What is the Social MediaIntegrating Digital Marketing and Social Media for Online Success: Learn how aligning strategies can enhance brand experience and boost results.
Define your goals for content creation to increase brand awareness, website traffic, lead generation, or customer engagement. Identify target audience: demographics, interests, preferences. Use this info to personalize your content. Choose social media platforms that fit your audience and goals.
Analyze competitors' social media presence for successful tactics, content types, and engagement strategies. Get industry insights on what works well.
Learn more about Social Media from
https://brainly.com/question/1163631
#SPJ1
This chapter is all about trade--imports and exports and the balance of payments.
What is one major difference between income tax and property tax?
A. Income tax is based on taxable income, while property tax is
based on gross income.
B. Income tax is progressive, while property tax is regressive.
C. Income tax is based on gross income, while property tax is based
on taxable income.
D. Income tax is regressive, while property tax is progressive.
The one of the major difference between Income Tax and property tax is Income tax is progressive, while property tax is regressive. Therefore, Option (B) is correct.
What is a Regressive Tax?Regressive Tax refers to the tax burden on the people with the low income as compared to the higher income earners. It is different from the progressive tax.
Progressive Tax refers to the higher tax liability on the higher income earners as compared to the low income earners. Their is high tax burden on the High income people.
One significant distinction between income tax and property tax is that the former is progressive while the latter is regressive. Thus option (B) is correct.
Learn more about Regressive Tax here:
https://brainly.com/question/9373731
#SPJ2
Accounts details $
Purchases 74,400
Sales 141,600
Return inwards 4,900
Sundry expenses 370
Freight charges 6,240
Motor vehicle expenses 7,250
Rent and Rates 5,720
Wages 19,600
Bank Loan interest 300
Bank Loan 6,000
Accounts receivable 15,000
Accounts payable 6,050
Inventory as at 1 January 2014 8,540
Equipment 5,800
Motor Vehicle 26,400
Drawings 12,000
Capital 35,700
Cash at Bank 2,830
Additional information:
i. Closing inventory at 31 December 2014 was valued at $10,750.
ii. A provision for doubtful debts of 3% of accounts receivable is to be made. (450)
iii. The rent and rates amount given above includes rent of $900 prepaid till 31 March 2015.
iv. Interest on the loan is at the rate of 10% per annum. (30)
v. Motor vehicles are to be depreciated by 20% per annum. (5280)
REQUIRED:
a) Prepare the Trial Balance based on the information given in the above table (Ignore the additional information when creating the Trial balance).
b) Prepare the Statement of Comprehensive Income and Statement of Financial Position for the year ended 31st December, 2014 (include the additional information given in your question).
solution
Answer:
a) Trial Balance as at 31st December, 2014:
Account Debit Credit
Purchases 74,400.00
Sales 141,600.00
Return inwards 4,900.00
Sundry expenses 370.00
Freight charges 6,240.00
Motor vehicle expenses 7,250.00
Rent and rates 5,720.00
Wages 19,600.00
Bank Loan interest 300.00
Bank Loan 6,000.00
Accounts receivable 15,000.00
Accounts payable 6,050.00
Inventory as at 01/01/14 8,540.00
Equipment 5,800.00
Motor Vehicle 26,400.00
Drawings 12,000.00
Capital 35,700.00
Cash at Bank 2,830.00
Total 224,350.00 224,350.00
b) Statement of Comprehensive Income for the year ended 31st December, 2014:
Particulars Amount ($)
Sales 141,600.00
Less: Return inwards (4,900.00)
Net Sales 136,700.00
Cost of Sales 74,400.00
Gross Profit 62,300.00
Less: Sundry expenses (370.00)
Less: Freight charges (6,240.00)
Less: Motor vehicle expenses (7,250.00)
Less: Rent and rates (5,720.00)
Less: Wages (19,600.00)
Operating Profit 23,120.00
Less: Bank Loan Interest (300.00)
Net Profit 22,820.00
Statement of Financial Position as at 31st December, 2014:
Particulars Amount ($)
Current Assets
Inventory 10,750.00
Accounts receivable 15,000.00
Prepaid Rent 900.00
Cash at Bank 2,830.00
Total Current Assets 29,480.00
Non-Current Assets
Equipment 5,800.00
Motor Vehicle 21,120.00
Less: Accumulated Depreciation (5,280.00)
Net Non-Current Assets 21,640.00
Total Assets 51,120.00
Current Liabilities
Accounts payable 6,050.00
Bank Loan 6,000.00
Total Current Liabilities 12,050.00
Net Assets 39,070.00
Equity
Capital 35,700.00
Add: Net Profit for the Year 22,820.00
Total Equity 58,520.00
Total Liabilities and Equity 51,120.00
Explanation: