Property Rights and Corruption When looking at a country as a market or investment, the international business must consider the country's legal system. In that assessment, the firm needs to understand the differences between private actions, which refer to theft, piracy, blackmail, and the like from individuals or groups, and public actions, which are those actions taken by politicians and government bureaucrats. Either kind of action would pose a serious threat to the firm's investment or operations. Before the firm can seek legal remedies, it must clearly understand the options open to it.
In a legal sense, property refers to a resource over which an individual or a business holds a legal title. It is a resource that it owns. Countries differ in the extent to which their legal systems define and protect property rights, even those countries that are still nominally communist states. Property rights can be violated, sometimes by governments and sometimes by individuals or groups.
1. Pleae select that whether below items are the Private Action or Public Action?
a. legal mechanisms
b. theft or blackmail
c. organized crime/ protection money
d. bribery
e. weak legal system
f. corruption
Options:
O Private Action
O Public Action
Answers
Answer:
Property Rights and Corruption
Private Action or Public Action:
a. legal mechanisms = Public Action
b. theft or blackmail = Private Action
c. organized crime/ protection money = Private Action
d. bribery = Private Action
e. weak legal system = Public Action
f. corruption = Private Action
Explanation:
Eclectic Paradigm is a three-tiered evaluation process which a company that plans to go international must follow in determining whether it would profit the company better limiting its operations to the domestic market or extending its operations to the international market.
The eclectic paradigm is called the OLI model or framework. It examines the Ownership Rights, Locational Advantages, and Internalization Factors. This helps the company to make decisions that are beneficial to it.
Property rights and corruption are aspects of the Ownership Rights that must be considered. Failure to put these factors into consideration may expose the company to risks and uncertainties and greatly reduce the ability of the company to increase economic benefits arising from transactions.
Related Questions
Last year a company had sales of $410,000, a turnover of 2.8, and a return on investment of 33.6%. The company's net operating income for the year was:
Answers
Answer:
$49,200
Explanation:
The turnover hinted in the question means asset turnover, which can be used to determine the worth of assets invested in the year as follows:
asset turnover=net sales/total assets
assets turnover=2.8
net sales=$410,000
total assets employed in the year is the unknown
2.8=$410,000/total assets
2.8*total assets=$410,000
total assets=$410,000/2.8= $146,429
return on investment=net operating income/total assets
return on investment=33.6%
net operating income is unknown
total assets=$146,429
33.6%=net operating income/$146,429
net operating income=33.6%*$146,429 =$49,200
Imagine yourself married with a spouse and two children. You and your spouse both work 08:00 to 17:00 every day, your kids go to school and you have a good normal life. Write an essay of 400 words wherein you explain and outline your monthly and yearly family budget. Make sure to detail the amounts you spend, the items you spend money on, how much you need for holidays in a year on top of the normal expenditures (house, car, etc) and particularly how you and your spouse share the responsibility equally.
Answers
To write a essay in which you explain and describe your monthly and annual family budget considering that you are married to a spouse and have two children, it is essential to analyze what the priorities are between that family's income and expenses.
What is personal budget?It corresponds to a technique where the objective is to assist in the allocation of financial resources effectively for each individual's need, through the listing of expenses to identify and understand the expenses in each category, providing subsidies for better decision-making in relation to the finance.
Therefore, a family with two children would probably have essential expenses such as food, house maintenance, children's education and fuel for the vehicle, for example, with the personal budget being a method of better visualization and control of expenses, for organizing long-term goals. for example, how to save for your kids' college.
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Don and Kristen are a married couple. Don works as an engineer bringing home
$50,000 per year and Kristen is a teacher bringing home $30,000 per year. They both
have monthly college loans of $425 each. They rent a one-bedroom apartment for $825
per month. They have not done any financial planning – for current needs or looking to
the future.
1) Explain to Don and Kristen 3 Marco factors they should take into account when
personal finance planning. (Chapter One).
2) Describe to Don and Kristen the 11 steps of the financial planning process.
(Chapter One)
3) Describe to Don and Kristen how using personal financial statements (Chapter
Three) on a regular basis, will help them with their finances.
4) Explain to Don and Kristen how an income and cash flow statement (Chapter
Three) will help them on a monthly basis with their finances.
5) Create a conservative budget with at least 8 budget categories for Don and
Kristen (Chapter Five).
6) Give two examples of micro factors and two example of macro factors that could
effect Don and Kristen’s budget (Chapter Five).
7) Give an example when using a cash budget and cash flow timing would benefit
Don and Kristen (Chapter Five).
8) Explain to Don and Kristen the difference between progressive and regressive
taxes (Chapter Six).
9) Describe to Don and Kristen the different tax strategies for different life stages
(Chapter Six).
10)After reviewing the differences between tax deductions and tax credits (Chapter
Six), give two suggestions to Don and Kristen as they file their tax forms for
2020. You must include a Reference Page citing any sources used in your answers.
Answers
Answer:
1. Three macro factors that Don and Kristen should take into account when personal finance planning are:
Economic factors: changes in interest rates, inflation, and economic growth can affect their income, expenses, and investments.Political factors: changes in tax laws, government policies, and regulations can impact their finances.Societal factors: shifts in demographics, cultural attitudes, and social trends can affect their job opportunities, earning potential, and lifestyle choices.2. The 11 steps of the financial planning process are:
Determine your current financial situationDevelop financial goalsIdentify alternative courses of actionEvaluate alternativesCreate and implement a financial planReview and revise the planEvaluate progress and revise the planDefine your personal and financial goalsDetermine your net worthDevelop a budgetManage your cash flow3.Using personal financial statements on a regular basis will help Don and Kristen with their finances by allowing them to:
Track their income, expenses, and net worth over timeIdentify areas where they can cut back on spending or increase their incomeEvaluate their progress towards their financial goalsPlan for major purchases or expensesPrepare for unexpected events or emergencies4. An income and cash flow statement will help Don and Kristen on a monthly basis with their finances by providing a detailed breakdown of their income and expenses, and how much cash they have on hand. This will allow them to:
Identify areas where they can cut back on spending or increase their incomePrioritize their expenses and plan for upcoming bills or paymentsEvaluate their cash flow situation and adjust their spending accordinglyTrack their progress towards their financial goalsA conservative budget for Don and Kristen could include the following eight categories:
Rent/mortgageUtilities (gas, electric, water, internet)Transportation (car payment, insurance, gas)Groceries/foodEntertainment (eating out, movies, hobbies)Health (insurance, copays, prescriptions)Savings (emergency fund, retirement, investments)Debt repayment (student loans, credit cards)Two micro factors that could affect Don and Kristen's budget are:
Changes in their income (such as raises or bonuses)Changes in their expenses (such as unexpected bills or changes in interest rates)Two macro factors that could affect Don and Kristen's budget are:
Changes in the national economy (such as a recession or changes in the job market)Changes in tax laws or government regulations that impact their income or expensesUsing a cash budget and cash flow timing would benefit Don and Kristen in situations where they have irregular or unpredictable income, such as freelancers or commission-based jobs. By tracking their income and expenses on a cash basis, they can better plan for upcoming bills and adjust their spending based on their cash flow.\Progressive taxes are taxes that take a larger percentage of income from higher-income earners, while regressive taxes take a larger percentage from lower-income earners. For example, income tax is a progressive tax because the tax rate increases as income increases. Sales tax is a regressive tax because everyone pays the same percentage regardless of income.Different tax strategies for different life stages could include:In the early career stage, focus on maximizing retirement contributions and taking advantage of employer benefits like health insurance and tuition reimbursement.In the mid-career stage, consider additional investments and savings for major expenses like college tuition or a down payment on a house.In the late career stage, focus on retirement planning and minimizing taxes on retirement income.10. Two suggestions for Don and Kristen as they file their tax forms for 2020 are:
Consider taking advantage of tax credits: Tax credits directly reduce the amount of tax owed, while tax deductions reduce taxable income. Don and Kristen should review the available tax credits for which they may qualify, such as the Earned Income Tax Credit, the Child Tax Credit, and the American Opportunity Tax Credit for education expenses. By claiming these tax credits, they can reduce their overall tax bill.
Be sure to claim all eligible deductions: Don and Kristen should review the list of available tax deductions and be sure to claim all the ones for which they are eligible. This may include deductions for charitable donations, student loan interest, and health care expenses. By claiming all eligible deductions, they can reduce their taxable income and ultimately lower their tax bill.
Explanation:
"Put the five project management process groupsin order from the one that generally requires theleast work to the one that requires the most."
Answers
1.Why is knowledge of consumer behavior important to the marketer?
Answers
The knowledge of consumer behavior is extremely important to the marketer in order to provide the customers with best possible products and earning profit for himself sideways.
CONSUMER BEHAVIOR is the study of consumers and the processes they use to select the product. It particularly deals with the psychological of the customer i.e., What the think? What they want? What are the trends they are interested in? At what price do they feel comfortable? And so on.
When the marketer understands the mental state of the consumer then he/she becomes fit to earn and compete with his fellow marketers. This enables him to provide the customers with the products of their choice at reasonable prices. This is how he sustains in market and earns profit.
Example: a marketer understands that customers are attracted by discounts. So he would increase the actual cost of product and increase the discount price. The selling price is not changed but since the customer thinks he is getting more discount, he is attracted.
Consumer Behavior is of great significance to marketers because it helps them to survive in the industry. It helps them to analyze business trends and helps to keep up with their competitors. It also helps to retain their customers.
Consumer buying behavior refers to the analysis of consumers' actions when selecting whether to get a good that meets their needs. it's an investigation into how customers behave and what motivates them to purchase and use particular goods.
The study of consumer purchasing behavior is crucial for marketers because it helps them comprehend what customers anticipate from them. Understanding what prompts a consumer to get a product is useful.
The importance of consumer behavior to marketers is discussed below:
Consumer diversification: It's a technique used in marketing to set one consumer apart from a group of related consumers. This aids in creating a target market of consumers who exhibit the same or comparable behavior.Customer Retention: Consumer behavior is incredibly crucial for both attracting new consumers and keeping hold of current ones. A satisfied customer is more likely to form the same purchase in the future. Therefore, it's important to sell the product in a way that encourages repeat purchases from customers.Forecasting Demand Patterns: By doing a consumer behavior analysis, a business can avoid spending plenty of money and energy on creating a product that won't be popular with customers.Competitiveness: Understanding and handling the competition are made easier by studying consumer behavior. Your brand may have a competitive edge supported consumer expectations.Develop Unique New Technologies: Businesses continually exerting to increase the likelihood that their novel ideas or new products will succeed. Amongst the foremost crucial methods is to carry out a thorough and careful study of consumer behavior.Learn more about consumer behavior : https://brainly.com/question/9566137
IHOP 'N GO
Drag and drop steps in correct order, then Submit.
Deliver order and thank guest
Input the order into the
Collect payment
Repeat order to ensure accuracy
Write down guest name and order
Ask if they need condiments
Answers
b) Find the standard deviation and the coefficient of variation of the following data. 25 Marks Interval Frequency Interval Frequency 3.00-3.25 6 4.00-4.25 47 3.25-3.50 19 4.25-4.50 29 3.50-3.75 35 4.50-4.75 15 3.75-4.00 44 4.75-5.00 5
Answers
The standard deviation is 0.4182 and the coefficient of variation is 10.5%.
Given the following data Interval Frequency 3.00-3.25 64.00-4.25 473.25-3.50 194.25-4.50 293.50-3.75 354.50-4.75 153.75-4.00 445.00-4.75 5 The formula for finding the standard deviation is:\($$ \sigma =\sqrt{ \frac{\sum f(x-\overline{x})^2}{N}} $$\)
The table below shows the calculation; Interval \($X$ Midpoint ($X_i$)\) Frequency \(($f$) $x-\bar{x}$ $f(x-\bar{x})$ $(x-\bar{x})^2$ $f(x-\bar{x})^2\)
$3.00-3.25 3.125 6 -0.725 -4.35 0.525625 3.153.25-3.50 3.375 19 -0.475 -9.025 0.225625 4.279.50-3.75 3.625 35 -0.225 -7.875 0.050625 1.773.75-4.00 3.875 44 0.025 1.1 0.000625 0.274.00-4.25 4.125 47 0.275 12.925 0.075625 3.554.25-4.50 4.375 29 0.525 15.225 0.275625 7.994.50-4.75 4.625 15 0.775 11.625 0.600625 9.01.75-4.00 4.875 5 1.025 5.125 1.050625 5.25 \($\sum f=200$ $\sum f(x-\bar{x})= 3.15$ $\sum f(x-\bar{x})^2= 35.01$\)
The variance is: \($ \sigma^2 =\frac{\sum f(x-\overline{x})^2}{N} $$\sigma^2=\frac{35.01}{200}=0.1751$\)
Therefore, the standard deviation is: \($$ \sigma=\sqrt{ \sigma^2} $$$ \sigma=\sqrt{ 0.1751}=0.4182$\)
The formula for finding the coefficient of variation is:$$ C.V = \(\frac{\sigma}{\overline{x}} \times 100\% $$\)
The coefficient of variation is:$$ C.V = \(\frac{0.4182}{3.985} \times 100\% $$$C.V = 10.5\%$\)
Therefore, the standard deviation is 0.4182 and the coefficient of variation is 10.5%.
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what is the yearly salary or hourly wage of a librarian?
Answers
Answer
$23–43per hour
Librarian
United States
$34k–78kper year
Librarian
Chicago, IL
Explanation:
SELECT AN ORGANISATION OF YOUR CHIOCE.
1.1 SUMMARISE THE NATURE OF BUSINESS
1.2 SUMMARISE THE BUSINESS MODEL
1.3 WHAT ARE THE KEY BUSINESS DRIVERS
2.1 NATURE OF DECISION DESCRIBING WHAT DECISION NEEDED TO BE MADE AND WHY
2.2 SUMMARISE HOW WAS THE DECISION MADE
2.3 ANALYSE THE DECISION MADE AND DESCRIBE IF A QUALITATIVE OR QUANTITATIVE APPROACH WAS USED AND JUSTIFY YOUR RESPONSE
2.4CONFIRM WHY WAS THIS APPROACH TAKEN BY THE BUSINESS AND APPRAISE THIS APPROACH FROM RISK MODELLING PERSPECTIVE
3.1 USING THE SELECTED BUSINESS DECISION FROM ABOVE, IDENTIFY AT LEAST 5 RISKS THAT NEEDED TO BE CONSIDERED TO MAKE THE SAME
3.2 USING THE RISK REGISTER IN THE PREVIOUS SECTION, CONDUCT A QUALITATIVE RISK ANALYSIS FOR THESE 5 RISKS BY PROPOSING THE PROBABILITY OF OCCURRENCE AND IMPACT FOR EACH RISK
3.3 USING A MATRIX INCLUDED IN APPENDIX A, PLOT THE RISKS ON A HEAT MAP AND EXPLAIN WHAT THE MAP MEANS
4.1 USING THE REGISTER DERIVED IN QUESTION 3.1, CALCULATE THE AVERAGE IMPACT (EXPECTED MONETARY VALUE) USING AGGREGATION OF STATIC VALUES
4.2 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
5.1 USING THE REGISTER FROM 3.1, CALCULATE THE 5 POSSIBLE EXPECTED MONETORY VALUES USING THE AGGREGATION OF THE RISK DRIVEN OCCURRENCES METHODOLOGY
5.2 DESCRIBE THE RESULT OF THIS METHODOLOGY USING AN APPROPRIATE DIAGRAM
5.3 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
Answers
An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.
Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.
Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.
This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions
5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:
The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:
The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.
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Dynamo Industries sold 80 packages of fireworks at a market price of $30 per package. If the firm earned a $2,000 profit, then what is the firm's average total cost?
Answers
An average package of fireworks from Dynamo Industries costs $5 overall. Since we know the profit was $2,000, we can deduct that sum from the entire amount of total revenue :
What is the formula for total revenue?Total revenue is crucial because it provides organizations with a broad grasp of the link between pricing and the demand from customers for more units of a certain product anywhere at given time. The simple method for calculating total revenue is: Price * Quantity Sold.
The term "total revenue" has what meaning?A company's overall sales is the sum of money it earns through the sale of its products and services. In other words, businesses utilize this statistic to assess the success of their primary revenue-generating activities.
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All you need to know to do your taxes is your gross income.
True or False
Answers
Answer: Taxable income starts with gross income, then certain allowable deductions are subtracted to arrive at the amount of income you're actually taxed on. Tax brackets and marginal tax rates are based on taxable income, not gross income.
sooo no
Submit
A city is considering a plan to ease traffic congestion by offering to eliminate tolls on cars with 3 or more passengers in them. An
economic analysis is done on the plan. Which conclusion, if reached in this analysis, would weigh against adopting the plan?
A)
Reduced toll revenues would threaten public road maintenance budgets.
B)
Peak traffic times would be spread out over a larger portion of the day,
Typical travel speeds on the toll roads would increase 5% during rush
hours
D)
Average numbers of miles commuting would remain level, due to indirect
routes caused by carpooling
Answers
Answer:
A)
Reduced toll revenues would threaten public road maintenance budgets.
Explanation:
If cars will more than three people will not pay tall chargers, the city will collect fewer revenues from the toll stations as some cars will not pay. A significant decline in revenues that can affect road maintenance can influence the city to weigh against implementing that proposal.
Spreading the peak time traffic and increasing speeds is what the city hopes to achieve. The city would be happy if the average number of miles commuted remain the same. The only negative effect that could halt the implementation of the plan is reduced revenues.
Answer:A) reduce total revenues would threaten public road maintenance budgets.
Explanation:
4) Identify five main advantages of outsourcing.
Answers
Answer:
Outsourcing helps you:
1) Focus on core tasks.
2) Lower costs.
3) Promote growth.
4) Maintain operational control.
5) Offer staffing flexibility.
Explanation:
Which of the following payments may be considered alimony?O Cash payment of $600 each month to cease upon the death of the recipient.O Property settlement.O Child support.O Voluntary payments of $500 each month not specified under an agreement.
Answers
The following payments may be considered alimony is cash payment of $600 each month to cease upon the death of the recipient.
The Latin word "Alimonia," which means nourishment, is where the word "alimony" first appeared. In general, alimony refers to a payment that a court directs a husband to make to his wife in order to provide for her maintenance.
The most typical type of alimony is short-term maintenance. When the parties were married for a brief period of time (often less than 10 years) or when an ex-spouse needs assistance with regaining independence following divorce, it is frequently favored over long-term alimony.
Depending on the husband's salary, the court would decide the amount of maintenance and give whatever was fair. Permanent alimony may be granted at the moment the decree is rendered or later under Section 37.
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How can you leverage your strength in the workplace? How can you strengthen your weakness? Not real good on business please helpp!!!!
Answers
Answer:
in a workplace it is about teamwork to accomplish a common goal if you are good at something it makes you an asset to the company you help coworkers in that area if you have a weakness you work with coworkers to educate yourself in that area so that in the future you can do better
Question 3 (1 point)
Betty has a degree in wildlife conservation. She is passionate about preserving
habitats for endangered animals. What kind of company might want to hire Betty?
a farm in need of a dairy manager
a bald eagle sanctuary looking for a ranger
a pesticide company in need of a marketing person
a local food truck looking for a chef
Answers
Betty's degree in wildlife conservation and passion for preserving habitats for endangered animals make her a great fit for companies and organizations that focus on environmental conservation. A farm in need of a dairy manager or a local food truck looking for a chef may not necessarily be the best fit for Betty's skill set and interests. hence the correct option B) bald eagle sanctuary looking for a ranger.
Betty's degree in wildlife conservation makes her highly qualified for roles that involve working with endangered species, researching wildlife populations, and identifying solutions to protect and conserve habitats. As such, organizations that work to protect and preserve habitats for wildlife, including national parks and conservation areas, environmental advocacy groups, and research institutions, may be interested in hiring Betty. Additionally, companies that specialize in sustainable agriculture or eco-friendly practices may also be interested in hiring Betty, given her expertise in wildlife conservation. Overall, Betty's degree in wildlife conservation and passion for preserving habitats for endangered animals make her a great fit for companies and organizations that prioritize environmental conservation. Her knowledge, skills, and passion make her an asset to any organization that is working towards protecting the environment and preserving habitats for future generations. Therefore the correct answer is option B) bald eagle sanctuary looking for a ranger
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The local supermarket buys lettuce each day to ensure really fresh produce. Each morning any lettuce that is left from the previous day is sold to a dealer that resells it to farmers who use it to feed their animals. This week the supermarket can buy fresh lettuce for $9.00 a box. The lettuce is sold for $17.00 a box and the dealer that sells old lettuce is willing to pay $5.00 a box. Past history says that tomorrow's demand for lettuce averages 258 boxes with a standard deviation of 41 boxes.
Required:
How many boxes of lettuce should the supermarket purchase tomorrow?
Answers
Answer:
276 boxes
Explanation:
Given the following :
Cost price of lettuce = $9
Selling price of lettuce = $17
Selling price of old lettuce (Salvage value) =$5
Mean demand (m) = 258
Standard deviation(σ) = 41
The marginal profit = selling price - cost price
Marginal profit = $(17 - 9) = $8
Marginal loss ; old lettuce : cost price - salvage value $(9 - 5) = $4
Probability (p) = marginal profit /(marginal profit + marginal loss)
P = 8 / (8 + 4) ; 8 / 12 = 0.667
Using the InvNorm function of the T84 calculator :
InvNorm(prob, mean, standard deviation)
InvNorm(0.667, 258, 41) = 275.697 = 276 boxes
Number of lettuce boxes supermarket should purchase tomorrow = 276 boxes
what are the advantages of doing ecommerce business model research?
Answers
SCENARIO INTRODUCTION
Use the information provided below to complete the questions.
Suppose a small economy has two income tax rates: 20% for all income up to $50,000 and 30% for any income earned above $50,000. Suppose that the economy has a Government Budget for this year (year 1) of $70,900.00, and a total of five individuals earning the following income: Carla $28,000, Ben $49,000, Jennifer $50,000, Donnie $75,000, Maria $110,000. In chapter 5 we saw that GDP can be calculated in two ways, via the expenditure approach or the income approach, and that when the income approach is used, there must be adjustments made to National Income, specifically adding the Consumption of Fixed Capital and a Statistical Discrepancy. For the sake of simplicity, let's imagine that National Income is equal to GDP, in other words the Consumption of Fixed Capital and the Statistical Discrepancy are equal to zero.
CALCULATING TAX REVENUES - YEAR 1
1. Calculate the Total Tax Revenues. a) what would be the total tax revenue paid by each of the five citizens? b) what is the total tax revenue for the small nation? (16 points)
2. What is the small Nation's Income in year 1? (6 points)
3. What percent of the Nation's Income does the Total Tax Revenue represent? (6 points)
4. In year 1, does the economy have a balanced budget, a budget surplus, or a budget deficit. Accompany your response with the corresponding dollar amount. (6 points)
CALCULATING TAX REVENUES - YEAR 2
5. Now assume that a recession (triggered by a reduction of Aggregate Demand) causes each of the five incomes to fall by 20%. In other words, income is 80% of what they used to be. Given the lower income, a) what would be the total tax revenue paid by each of the five citizens? b) what is the total tax revenue for the small nation? (18 points)
6. What is the Nation's Income in year 2? (6 points)
7. In year 2, what percent of the Nation's Income does the Total Tax Revenue represent? (6 points)
8. Suppose that the Government Budget remained the same in year 2. Is the economy experiencing a balanced budget, a budget surplus, or a budget deficit, in year 2? Accompany your response with the corresponding dollar amount. (6 points)
PUTTING IT ALL TOGETHER - PART 3
9. Using the answers for part 1 and part 2. Explain how this progressive tax structure (20% and 30% tax brackets) acts as an automatic stabilizer. (10 points)
10. Using the answers for part 1 and part 2. What is the size of the recessionary Gap? In other words, what is the dollar value of the GDP that is being lost (not produced) because of the recession? (10 points)
11. Assuming a Marginal Propensity to Save (MPS) of 20% or 0.20, use the Keynesian Multiplier to determine the additional amount of government spending required. (10 points)
Answers
Explanation:
a) Carla pays 20% of $28,000 which is $5,600.
Ben pays 20% of $49,000 which is $9,800.
Jennifer pays 20% of $50,000 which is $10,000.
Donnie pays 20% of the first $50,000 of income which is $10,000 and 30% of the remaining $25,000 which is $7,500, making a total of $17,500.
Maria pays 20% of the first $50,000 of income which is $10,000 and 30% of the remaining $60,000 which is $18,000, making a total of $28,000.
b) The total tax revenue for the small nation is $70,900, since that is the government budget.
2) The small nation's income in year 1 is the sum of the incomes of all five citizens, which is $312,000($28,000 + $49,000 + $50,000 + $75,000 + $110,000).
3) The total tax revenue represents 22.7% ($70,900 ÷ $312,000 x 100%) of the nation's income.
4) The small economy has a budget deficit of $0.00, since the government budget is equal to the total tax revenue.
5)
a) Carla pays 20% of 80% of $28,000 which is $4,480.
Ben pays 20% of 80% of $49,000 which is $7,840.
Jennifer pays 20% of 80% of $50,000 which is $8,000.
Donnie pays 20% of the first $50,000 of income which is $10,000 and 30% of 80% of the remaining $25,000 which is $6,000, making a total of $16,000.
Maria pays 20% of the first $50,000 of income which is $10,000 and 30% of 80% of the remaining $60,000 which is $14,400, making a total of $24,400.
b) The total tax revenue for the small nation is $60,720.
6) The small nation's income in year 2 is the sum of the incomes of all five citizens, which is $249,600 ($22,400 + $39,200 + $40,000 + $60,000 + $88,000).
7) The total tax revenue represents 24.3% ($60,720 ÷ $249,600 x 100%) of the nation's income.
8) The small economy has a budget deficit of $10,180 ($70,900 - $60,720), since the total tax revenue is less than the government budget.
9) The progressive tax structure acts as an automatic stabilizer because during a recession, when incomes fall, the amount of tax revenue collected also falls. This provides some relief to taxpayers who are experiencing lower income and helps to lessen the severity of the recession.
10) The size of the recessionary gap is the difference between the income in year 1 and the income in year 2, which is $62,400 ($312,000 - $249,600).
11) The Keynesian Multiplier is 1 ÷ (1 - MPS) = 1 ÷ (1 - 0.20) = 1.25. To determine the additional amount of government spending required, we can use the following formula:
Change in GDP = Multiplier x Change in Government Spending
Since the recessionary gap is $62,400, the change in government spending required is:
$62,400 = 1.25 x Change in Government Spending
Change in Government Spending = $49,920.
Therefore, the additional government spending required is $49,920.
Step 2: Writing Report
Explain the value of using data analysis.
Explain the risks of not using data visualization.
The report should explain the data that you have analyzed throughout the course.
Step 3: Lessons Learned
Identify some key points that you found about data analytics in this course and add a slide for lessons learned at the end of your presentation on what you learned this session.
Answers
The value that can be gotten from Data analytics is that it can aid companies to have broad knowledge of market segments, and can help to increase their market share as well as revenue growth.
The risks of not using data visualization is that the company may not be be able to to maintain the audience's interest with information.
What is the importance of Data analytics?For example, data analytics can help businesses find underdeveloped market areas, anticipate client wants, and improve their product offers. Businesses that use data analytics to acquire a competitive edge can grow their market share, accelerate revenue growth, and strengthen their brand.
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Your company, CSUS Inc., is considering a new project whose data are shown below. The required equipment has a 3-year tax life. Under the new law, the equipment used in the project is eligible for 100% bonus depreciation, so the equipment will be fully depreciated at t = 0. The equipment has no salvage value at the end of the project’s life, and the project does not require any additional operating working capital. Revenues and operating costs are expected to be constant over the project's 10-year expected operating life. What is the project's Year 4 cash flow?
Answers
The project's Year 4 cash flow, CF, is just the same as the Year 3 cash flow, CF.
What is the project's Year 4 cash flow?The project's estimated working life is 10 years, during which time income and operating expenses are anticipated to remain stable. We are unable to compute the precise quantities of income and costs because we are not provided with this information. Instead, we'll presump that the project will produce a steady annual cash flow (CF) for the course of its ten-year lifespan. We do not need to account for any depreciation costs for the project because the equipment is depreciated at time zero. The yearly cash flow generated by the endeavor, which we'll assume is CF, will be equal to the cash intake in Year 4 of the project. All operating expenses related to the project in that year, in addition to any taxes that must be paid, will be included in the cash outflow in Year 4. We are unable to compute the particular operational costs or tax rates because we are not given this information. Instead, we'll assume that the project's constant yearly cash flow includes the operational expenses and taxes.
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What is your diagnosis of the situation at FAVI?
Answers
Answer:
Explanation:
FAvI is a small automotive parts manufacturer in Hallencourt, France. In addition to other products, it is the European leader in the production of key components for gearboxes (manual transmissions) in such cars as Renault, Peugeot, Citroen, Fiat, Opel, Audi, volvo, and volkswagen. Employing about 400 people, this société anonyme
Which type of tax is added to the price of goods and services when a person buys them?
Answers
Assume that one year ago, you bought 340 shares of a mutual fund for $36 a share, you received a capital gain distribution of $0.55 per share during the past 12 months, and the market value of the fund is now $40 a share.
a. Calculate the total return for your $12,240 investment.
Answers
The total return on this mutual fund investment is $12,427.
Total return on investment refers to the total profit or loss on an investment, including any capital appreciation and dividends or distributions received.
Here's how to calculate the total return on a mutual fund investment:
Step 1: Calculate the total initial investment by multiplying the number of shares by the purchase price per share. For this investment, the total initial investment is: 340 shares x $36/share = $12,240.
Step 2: Add any capital gain distributions received during the investment period. In this case, the capital gain distribution per share is $0.55, so the total capital gain distribution received is: 340 shares x $0.55/share = $187.
Step 3: Calculate the current market value of the investment by multiplying the number of shares by the current market price per share.
In this case, the current market value is: 340 shares x $40/share = $13,600.
Step 4: Add any dividends or interest payments received during the investment period, if applicable.
If no dividends or interest payments were received, skip this step.
Step 5: Calculate the total return by adding the initial investment, capital gain distributions, and dividends or interest payments (if applicable), and then subtracting any fees or commissions paid during the investment period.
In this case, the total return is: $12,240 + $187 = $12,427.
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What accounts for the increase in operating support when an independent business expands by becoming a franchisor?
Group of answer choices
financial assistance
operating benefits
all of the other answers
training
Answers
Answer:
hi
Explanation:
I don't know
sorry sorry sorry
Diane Bernick opened Bernick's Consulting. Transactions for the month of January and trial balance at January 31 are shown. Jan. 1 Bernick invested cash in the business, $11,000. 2 Paid office rent, $750. 3 Purchased office equipment on account, $1,300. 5 Received cash for services rendered, $900. 8 Paid phone bill, $65. 10 Paid for a magazine subscription (miscellaneous expense), $40. 11 Purchased office supplies on account, $200. 15 Made a payment on account (see Jan. 3 transaction), $150. 18 Paid part-time employee, $700. 21 Received cash for services rendered, $800. 25 Paid utilities bill, $115. 27 Bernick withdrew cash for personal use, $450. 29 Paid part-time employee, $700. Bernick’s Consulting Trial Balance January 31, 20-- ACCOUNT TITLE ACCOUNT NO. DEBIT BALANCE CREDIT BALANCE Cash 101 9,730 Office Supplies 142 200 Office Equipment 181 1,300 Accounts Payable 202 1,350 Diane Bernick, Capital 311 11,000 Diane Bernick, Drawing 312 450 Consulting Fees 401 1,700 Wages Expense 511 1,400 Rent Expense 521 750 Phone Expense 525 65 Utilities Expense 533 115 Miscellaneous Expense 549 40 14,050 14,050 Question Content Area 1. Prepare an income statement. Bernick's Consulting Income Statement For Month Ended January 31, 20-- Revenues: Rent expense $Rent expense $- Select - - Select - - Select - - Select - - Select - - Select - $- Select - Question Content Area 2. Prepare a statement of owner's equity. Bernick's Consulting Statement of Owner's Equity For Month Ended January 31, 20-- $- Select - - Select - Total investment $fill in the blank 18bdaaf7e02bfe3_5 $- Select - - Select - - Select - $- Select - Question Content Area 3. Prepare a balance sheet. Bernick's Consulting Balance Sheet January 31, 20-- Assets Liabilities $fill in the blank fc5bf9fa0fb307a_2 $fill in the blank fc5bf9fa0fb307a_4 fill in the blank fc5bf9fa0fb307a_6 Owner's Equity fill in the blank fc5bf9fa0fb307a_8 fill in the blank fc5bf9fa0fb307a_10 Total assets $fill in the blank fc5bf9fa0fb307a_11 Tot
Answers
1. The preparation of the Income Statement for Bernick's Consulting is as follows:
Bernick's Consulting
Income StatementFor the Month Ended January 31, 20--
Consulting Fees 401 $1,700
Wages Expense 511 1,400
Rent Expense 521 750
Phone Expense 525 65
Utilities Expense 533 115
Miscellaneous Expense 549 40 $2,370
Net income $670
2. The preparation of the Owner's Equity for Bernick's Consulting is as follows:
Bernick's Consulting
Owner's EquityAs of January 31, 20--
Diane Bernick, Capital 311 $11,000
Diane Bernick, Drawing 312 (450)
Net loss (670)
Owner's equity $9,880
3. The preparation of the Balance Sheet for Bernick's Consulting is as follows:
Bernick's Consulting
Balance SheetAs of January 31, 20--
Assets:Cash 101 $9,730
Office Supplies 142 200
Office Equipment 181 1,300
Total assets $11,230
Liabilities and equity:Accounts Payable 202 $1,350
Owner's equity 9,880
Total liabilities and equity $11,230
Data:Bernick’s Consulting
Trial BalanceJanuary 31, 20--
ACCOUNT TITLE ACCOUNT NO. DEBIT CREDIT
Cash 101 $9,730
Office Supplies 142 200
Office Equipment 181 1,300
Accounts Payable 202 $1,350
Diane Bernick, Capital 311 11,000
Diane Bernick, Drawing 312 450
Consulting Fees 401 1,700
Wages Expense 511 1,400
Rent Expense 521 750
Phone Expense 525 65
Utilities Expense 533 115
Miscellaneous Expense 549 40
Totals 14,050 14,050
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Which of the following should the closing paragraph not do?
Answers
Answer:
3
Explanation:
Answer: B - Describe why are you interested in the company
Explanation: that’s the correct answer !!!
Campbell Corporation’s balance sheet indicates that the company has $540,000 invested in operating assets. During Year 2, Campbell earned operating income of $58,320 on $1,080,000 of sales.
Required
A. Compute Campbell’s profit margin for Year 2. (round to 1 decimal place)
B. Compute Campbell’s turnover for Year 2.
C. Compute Campbell’s return on investment for Year 2. (round to 1 decimal place)
D. Recompute Campbell’s ROI under each of the following independent assumptions:
(1) Sales increase from $1,080,000 to $1,296,000, thereby resulting in an increase in operating income from $58,320 to $64,800.
(2) Sales remain constant, but Campbell reduces expenses, resulting in an increase in operating income from $58,320 to $60,480.
(3) Campbell is able to reduce its invested capital from $540,000 to $432,000 without affecting operating income.
Answers
The Profit margin for year 2 will be 5.4%.
The turnover for year 2 is 2 times.
How to calculate the valuea)Profit marginfor year 2 = (Operating income/Sales*100) = $58320 / 1080000
= 5.4%
b)Turnover for year 2 = Sales / Operating assets = $1080000 / 540000 = 2times
C) ROI f = 5.4%*2 = 10.8%
d.1) ROI = $64800/$540000=12%
d.2) ROI = $60480/$540000=11.2%
d.3) ROI = $58320/$432000=13.5%
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Question 10 of 20
When wili the U.S. Armed Forces provide financial aid?
A. Before, during, and after your service
OB. During and after your service
OC. Before and after your service
D. After you have served two years
Answers
The U.S. Armed Forces will provide financial aid during and after your service. The Option D is correct.
When will U.S. Armed Forces provide financial aid?The Forces offer financial aid during and after your service. This support is available to servicemembers throughout their military career and extends into their transition back to civilian life.
During service, the financial assistance may come in the form of various benefits including housing allowances, educational benefits such as the GI Bill and health care coverage. After completing their service, veterans may be eligible for additional financial aid programs like VA home loans, disability benefits etc.
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On December 31, the company purchases supplies for $1,000 on credit.
Complete the necessary journal entry by selecting the account names from the pull-down menus and entering dollar amounts in the
debit and credit columns.
Answers
Supplies Dr $1,000
To Account payable $1,000
(Being purchase supplies on credit is recorded)
Here the supplies are debited as it increased the assets and credited the account payable as it also increased the liabilities.
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