Section 103 of the Federal Public Works Employment Act establishes the Minority Business Enterprise program and requires that, absent a waiver by the secretary of commerce, 10 percent of all federal grants given by the Economic Development Administration be used to purchase services or supplies from businesses owned and controlled by U.S. citizens belonging to one of six minority groups: African Americans, Spanish speaking, Asian, Native American, Eskimo, and Aleut. White owners of business contend the Act constitutes illegal reverse discrimination. Discuss.

The paragraph in purchase agreement that states that the balance of the purchase price will be deposited into escrow prior to closing is typically found in section on "Closing and Payment."

A purchase agreement is a legally binding document that outlines the terms and conditions of a sale between a buyer and a seller. It typically includes details such as the purchase price, payment terms, delivery or shipping arrangements, warranties, representations and warranties of the seller, and any other relevant information related to the transaction. The purchase agreement is designed to protect both parties by ensuring that they understand their rights and obligations and that the transaction proceeds smoothly. Once both parties have signed the agreement, it becomes a legally binding contract and both parties are obligated to fulfill their respective obligations as specified in the agreement.

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Answer:

Rainbows :

Equilibrium price : $50

Equilibrium quantity: 130

Farmington

Equilibrium price : $70

Equilibrium quantity: 280

Explanation:

Equilibrium price is the price where the quantity demanded equals the quantity supplied.

Equilibrium quantity is the quantity at which quantity demanded is equal to the quantity supplied.

I hope my answer helps you

Earning management follow ethical practices and unethical practice too that results in a genuine relationship among social responsibility. Similarly unethical have negative relationships and short-term goals. Unethical earning presents a misleading report.

To follow ethical practices right decisions, need to be followed that allow management to frame a better view. A practice that leads to a fair view of presentation is referred to as ethical practices that focus on long-term goals and not on personal gains. Where practices lead to misleading of activities that mislead users and stakeholders as well then such practices lead to unethical practice

Its the choice of the head department to keep up the policies that affect earning management followed by the ethical results.

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.

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As Jarek does not meet the goal due to which he lost some of his commission so this represents the ethical issue.

The following information related to the ethical issue should be relevant:

Therefore we can conclude that the given situation represents an ethical issue.

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Answer:

$1100

Explanation:

Net Income = Gross Income - Cost of Goods Sold - Expenses

= 5000 - 900 - 3000

=  5000 - 3900

= 1,100

The question is incomplete as the exhibit is not provided, however the correct exhibit table is attached with the answer-

Answer:

The correct answer is -  40.

Explanation:

In the price ceiling, The government added a price over which companies can not charge for their particular products. In this scenario, the government charges a price ceiling of $4.

Without price ceiling, equilibrium in the market would have occurred at $5 where the amount requested equivalents amount provided (80 units). In any case, since the firm is compelled to charge $4, there will be an abundance of demand in the economy. From the demand and supply plan we can see that at a cost $4 amount requested is 100 units and the amount provided is 40 units. Consequently, at max, 40 units can be traded in the market at value of $4.

Thus, the correct answer is - 40.

To executive and uphold the laws passed by Congress, the President appoints the heads of all executive branches of government, including the Cabinet. In an emergency, the vice president is capable of acting as president.

The President, his or her advisors, and other departments and organisations make up the executive branch. The duty of this branch includes upholding the law. The executive branch is made up of the organisations and agencies listed below: Bills are approved or rejected by the President's Executive Office (White House). represent our country when interacting with other nations. enforce the legislation passed by  the Congress.

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Answer:

Slide 1: Introduction

- Start with a catchy sentence that captures the committee's attention and introduces yourself briefly.

- Explain why you are excited about applying for the scholarship and what it means to you.

- Mention your academic background, major, and interests.

Slide 2: Main body

- Provide examples of your achievements, skills, and experiences that show your preparedness and potential for the scholarship.

- Highlight how your values align with the organization's mission and goals.

- Explain how the scholarship will help you pursue your academic and career aspirations.

Slide 3: Conclusion

- Summarize your main points and remind the committee of your strengths and uniqueness.

- Express your gratitude for the opportunity and your enthusiasm for joining the organization.

- End with a call to action or a question that invites further discussion.

Answer:

false

Explanation:

Im just guessing

Purchasing a chair by emailing a credit card number to the chair owner activities poses the greatest personal cybersecurity risk.

Organizations are increasingly prioritizing cybersecurity risk as they embrace digital transformation and use cutting-edge technology solutions to boost productivity and drive business growth. Many businesses are also becoming more dependent on third- and fourth-party vendors and programs. These resources can help businesses succeed, but they also bring in new dangers and widen your digital attack surface.

Lack of a thorough understanding of the inherent risk that organizations assume when using these extra resources is one of the most frequent errors that organizations make. Organizations are better able to proactively manage and mitigate risks before they turn into bigger issues when everyone involved is aware of what to watch out for and what to do in the event of a problem.

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Despite the suspension of normal operations and the potential $1,000,000 gift from a wealthy local philanthropist, there is still an argument to support that Feed the Hungry Children, the not-for-profit tax-exempt entity, remains a public charity.

1. Review the requirements for a public charity: According to IRC Sec. 501(c)3, a public charity must receive a substantial part of its support from public contributions and grants and be organized and operated for charitable purposes.

2. Examine the mission and purpose: Feed the Hungry Children's mission is to provide healthy breakfast meals to children in inner city schools, with the aim of helping them learn better. This aligns with a charitable purpose focused on improving the well-being of children and promoting education.

3. Consider the organization's history: Feed the Hungry Children has been in operation for six years, consistently providing healthy breakfast meals to children in need. Its long-standing commitment to charitable activities demonstrates a track record of serving the public interest.

4. Evaluate the potential gift: The $1,000,000 gift from the local philanthropist, although substantial, does not automatically change the organization's status from a public charity to a private foundation. The organization's eligibility is determined by its overall sources of support, not a single donation. If the gift does not significantly alter the public support test, Feed the Hungry Children can still maintain its public charity status.

5. Analyze the Form 990, Schedule A: The treasurer of the Board is preparing the Schedule A for the Form 990, which provides information about the organization's public support and support schedule. By reviewing this form, it will be possible to determine whether the organization's public charity status has changed or if it still meets the required criteria.

6. Document the argument: Compile the findings from the review, emphasizing the organization's charitable purpose, its history of serving the public, and the evaluation of the potential gift's impact on public support. Present these points in a well-structured and persuasive argument to support the conclusion that Feed the Hungry Children remains a public charity.

It is important to consult with legal or tax professionals for accurate and specific advice in interpreting tax laws and regulations related to the organization's status.

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1. According to their states’ tax laws, which require each one to pay a tax of $500 despite their different earnings, the best description of the tax is (c) regressive.

A regressive tax system is one where taxpayers pay a disproportionate share of the tax burden, given their earning levels.

A regressive tax system is not proportional or progressive.

2. An example of an excise tax is (b) tax on perfume.

3. The amount Rose Chin paid for the purchase of school supplies based on the state sales tax of 5% is a) $12.60 ($12 x 1.05).

4. An example of a property tax is a) a tax based on the value of one's home.

5. The best example of the ability-to-pay principle is b) income tax.

6. An example of a tax based on the benefits-received principle is (a) bridge toll.

7. In the United States, taxes are used to accomplish all of the following except (c) determine which brands consumers buy.

8. For the apartment tenants, the tax is d) a sales tax.

9. The ultimate tax-burden bearer in question 8 is (d) the tenants.

10. An example of a protective tariff is (d) tax on the importation of foreign-made cars.

Thus, while income tax is mostly progressive in the United States, sales taxes are proportional, while some taxes are regressive because the amount paid is fixed and does not depend on the ability-to-pay principle.

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Answer:

1. c

2.b

3.a

4.A

5.b

6.a

7.C

8.A

9.d

10.d

***straight from Penn Foster Chapter 27***

Answer:

A) 7 million

Explanation:

20 000 000 X 35÷100 = 7 million

Technical efficiency refers to the ability to produce the maximum output from a given set of inputs or resources. It focuses on the production process and achieving the highest output level with the least amount of resources wasted. Technical efficiency emphasizes optimizing the production process to minimize costs and maximize productivity.

Allocative efficiency, on the other hand, relates to the allocation of resources in a way that maximizes overall social welfare. It refers to the ideal allocation of resources that matches consumers' preferences and demands. Allocative efficiency ensures that resources are allocated so that goods and services align with consumer preferences. This results in the best outcome for society.

When comparing an ideal market structure with a monopoly in terms of efficiency, there are significant differences. In an ideal market structure, characterized by complete competition, both technical and allocative efficiency is typically achieved. Many buyers and sellers exist, information is freely available, and no single entity controls the market. Competition drives firms to produce at the lowest cost and offer goods and services that match consumer preferences, leading to technical and economic efficiency.

In contrast, a monopoly represents a market structure where a single firm dominates the industry and has substantial market power. In terms of technical efficiency, a monopoly may not necessarily achieve the same level as a perfectly competitive market. Due to the lack of competition, a monopoly may not have the same incentive to minimize costs or innovate as efficiently as possible. This can result in higher production costs and lower technical efficiency.

Regarding allocation efficiency, monopolies often fail. Without competition, a monopolistic firm can set prices higher than the marginal cost of production, resulting in a suboptimal allocation of resources. The monopolist may prioritize maximizing profits rather than satisfying consumer preferences. This leads to a less efficient allocation of resources than in a perfectly competitive market.

Overall, an ideal market structure exhibits higher levels of technical and allocative efficiency than a monopoly. When true competition promotes resource optimization and consumer satisfaction, resulting in more efficient resource allocation.

Answer:

2) prestige.

Explanation:

Buyers who are aware of Firm’s prestige might desire to purchase its products because price no longer remains a limiting factor.

Employees can be affected when an organization acts unethically such as not enforcing safety laws and not providing proper equipment to employees which can also lead to dangerous environments which lead to injury or death

Customers can be affected when improper enforcement is used while creating or producing products or goods that a customer would then use.

Shareholders can be affected financially if news of unethical actions by the entity was declared by the public.

Journalizing the transactions for the month of July for ABC Company using the perpetual and periodic inventory systems is as follows:

July 1: Debit Inventory Birr 72,000

Credit Accounts Payable (XYZ Manufacturers) Birr 72,000

FOB destination, terms 2/10, n/30. The merchandise has a list price of Birr 150 per unit with a trade discount of 20%.

July 3: Debit Accounts Receivable (Satchel World) Birr 8,200

Credit Sales Revenue Birr 8,200

Debit Cost of goods sold Birr 5,400

Credit Inventory Birr 5,400

July 9: Debit Accounts Payable (XYZ Manufacturers) Birr 72,000

Credit Cash Birr 70,560

Credit Cash Discounts Birr 1,440

July 12: Debit Cash Birr 8,200

Credit Accounts Receivable (Satchel World) Birr 8,200

July 17: Debit Accounts Receivable (Lady GoGo) Birr 6,210

Credit Sales Revenue Birr 5,400

Credit Sales Tax Payable Birr 810

Subject to a sales tax of 15%.

Debit Cost of goods sold Birr 4,030

Credit Inventory Birr 4,030

July 18: Debit Inventory Birr 3,900

Credit Accounts Payable (Holiday Manufacturers) Birr 3,900

FOB shipping point, terms 1/10, n/30.

Debit Freight-in Birr 750

Credit Cash Birr 750

July 20: Debit Accounts Payable (Holiday Manufacturers) Birr 900

Credit Inventory Birr 900

For merchandise returned to Holiday Manufacturers.

July 21: Debit Cash Birr 6,210

Credit Accounts Receivable (Lady GoGo) Birr 6,210

July 22: Debit Accounts Receivable (Vagabond) Birr 6,400

Credit Sales Revenue Birr 6,400

Debit Cost of goods sold Birr 4,300

Credit Inventory Birr 4,300

July 30: Debit Accounts Payable (Holiday Manufacturers) Birr 3,000

Credit Cash Birr 3,000

July 31: Debit Sales Returns Birr 400

Credit Accounts Receivable (Vagabond) Birr 400

Debit Inventory Birr 280

Credit Cost of goods sold Birr 280

For merchandises returned costing Birr 280.

July 1: Debit Purchases Birr 72,000

Credit Accounts Payable (XYZ Manufacturers) Birr 72,000

FOB destination, terms 2/10, n/30. The merchandise has a list price of Birr 150 per unit with a trade discount of 20%.

July 3: Debit Accounts Receivable (Satchel World) Birr 8,200

Credit Sales Revenue Birr 8,200

July 9: Debit Accounts Payable (XYZ Manufacturers) Birr 72,000

Credit Cash Birr 70,560

Credit Cash Discounts Birr 1,440

July 12: Debit Cash Birr 8,200

Credit Accounts Receivable (Satchel World) Birr 8,200

July 17: Debit Accounts Receivable (Lady GoGo) Birr 6,210

Credit Sales Revenue Birr 5,400

Credit Sales Tax Payable Birr 810

Subject to a sales tax of 15%.

July 18: Debit Purchases Birr 3,900

Credit Accounts Payable (Holiday Manufacturers) Birr 3,900

FOB shipping point, terms 1/10, n/30.

Debit Freight-in Birr 750

Credit Cash Birr 750

July 20: Debit Accounts Payable (Holiday Manufacturers) Birr 900

Credit Purchases Return Birr 900

For merchandise returned to Holiday Manufacturers.

July 21: Debit Cash Birr 6,210

Credit Accounts Receivable (Lady GoGo) Birr 6,210

July 22: Debit Accounts Receivable (Vagabond) Birr 6,400

Credit Sales Revenue Birr 6,400

July 30: Debit Accounts Payable (Holiday Manufacturers) Birr 3,000

Credit Cash Birr 3,000

July 31: Debit Sales Returns Birr 400

Credit Accounts Receivable (Vagabond) Birr 400

July 1: Inventory Birr 72,000 Accounts Payable (XYZ Manufacturers) Birr 72,000

FOB destination, terms 2/10, n/30. The merchandise has a list price of Birr 150 per unit with a trade discount of 20%.

July 3: Accounts Receivable (Satchel World) Birr 8,200 Sales Revenue Birr 8,200

Cost of goods sold Birr 5,400 Inventory Birr 5,400

July 9: Accounts Payable (XYZ Manufacturers) Birr 72,000 Cash Birr 70,560 Cash Discounts Birr 1,440

July 12: Cash Birr 8,200 Accounts Receivable (Satchel World) Birr 8,200

July 17: Accounts Receivable (Lady GoGo) Birr 6,210 Sales Revenue Birr 5,400 Sales Tax Payable Birr 810

Subject to a sales tax of 15%.

Cost of goods sold Birr 4,030 Inventory Birr 4,030

July 18: Inventory Birr 3,900 Accounts Payable (Holiday Manufacturers) Birr 3,900 FOB shipping point, terms 1/10, n/30.

Freight-in Birr 750 Cash Birr 750

July 20: Accounts Payable (Holiday Manufacturers) Birr 900 Inventory Birr 900 For merchandise returned to Holiday Manufacturers.

July 21: Cash Birr 6,210 Accounts Receivable (Lady GoGo) Birr 6,210

22: Accounts Receivable (Vagabond) Birr 6,400 Sales Revenue Birr 6,400

Cost of goods sold Birr 4,300 Inventory Birr 4,300

July 30: Accounts Payable (Holiday Manufacturers) Birr 3,000 Cash Birr 3,000

July 31: Sales Returns Birr 400 Accounts Receivable (Vagabond) Birr 400

Inventory Birr 280 Cost of goods sold Birr 280

For merchandises returned costing Birr 280.

Similar with some minor differences.

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Answer: understanding all of the event details

Answer:

Fee product samples

Explanation:

makes pay

P=35-5Q is the equation for demand, and P=5+20/8Q is the equation for supply. We obtain Q=4 and P=15 by equating these two formulae equally.

A market's overall surplus serves as a gauge for the general well-being of all players. Combined consumer and producer excess make up this amount. Consumer surplus is the difference between what consumers are willing to pay and what they actually pay for a product.

The region between the curves prior to equilibrium is the overall surplus. For a producer, it displays all of the possible profits they could earn. Because the triangle is large on this graph, there is a significant amount of total surplus.

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Answer:

$74,120

Explanation:

Preparation of her ending stock basis

ENDING STOCK BASIS:

Beginning stock basis $36,800

Add:Increase in AAA $12,800

(.40 * $32,000)

Add:Increase in OAA $2,520

(.40 * $6,300)

Add:Stock purchase $22,000

Total Ending stock basis $74,120

Therefore her ending stock basis is $74,120

Manny will pay option C. $12.50/square foot in rent.

A variable lease is a type of lease where the rent is based on a specific index or formula, rather than a fixed amount.

In this scenario, Manny is paying $10/square foot and his index is 2, and the utilities cost $350. If the index goes up to 2.5 next year, Manny's rent will increase.

To calculate the increase in rent, we can use the following formula:

Rent = Base rent + (Index x Utilities)

So, if the index goes up to 2.5, the new rent will be:

Rent = $10/square foot + (2.5 x $350)

Rent = $10/square foot + $875

Therefore, Manny will pay $12.50/square foot in rent if the index goes up to 2.5 next year.

So, the correct answer is $12.50/square foot.

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Answer:

≈ 9644 quantity of card

Explanation:

given data:

n = 4 regions/areas

mean demand = 2300

standard deviation = 200

cost of card (c) = $0.5

selling price (p) = $3.75

salvage value of card ( v ) = $ 0

The optimal production quantity for the card can be calculated using this formula below

= u + z (0.8667  ) * б

= 9200  +  1.110926 * 400

≈ 9644 quantity of card

First we have to find u

u = n * mean demand

 = 4 * 2300 = 9200

next we find the value of Z

Z = ( \(\frac{p-c}{p-v}\) )

   = ( 3.75 - 0.5 ) / 3.75   = 0.8667

Z( 0.8667 ) = 1.110926 ( using  excel formula : NORMSINV (0.8667 )

next we find б

б = 200\(\sqrt{n}\) = 400

Answer:

Project 1

Explanation:

                    IO          PI    IRR       LIFE

Project 1 $300,000 1.12 14.38% 15 years

Project 2 $150,000 1.08 13.32% 6 years

Project 3 $100,000 1.20 16.46% 3 years

Assume that the cost of capital is 12%.

We should invest in  the projects that have the highest profitability index (PI) first.

PI = present value of project's cash flows / initial outlay

Projects with a high PI should also have high IRRs and this applies to this situation:

If the protects weren't mutually exclusive and the company had enough money for the 3 of them, then it should invest in all of them. But that is not the case, here, since the company has to decide in which project it will invest (only 1 project). The first option should be project 3, but since it cannot be repeated, and its life is short, I would go for project 1.

Besides, it is the only possible answer since you have to choose only 1 project (remember projects are mutually exclusive).

The specific information characteristic that suffered in the given scenario is accuracy.

Whenever a customer applies to open an account with a bank, they are required to register with the bank's system. This registration allows them to access the required services whenever the need arises. However, in Abebe's case, the customer had been registered but was unable to get the required service because of an error in data entry recording his personal information. As a result, the teller was unable to verify Abebe's account even though the customer was registered with the bank. This error in data entry illustrates that accuracy suffered in this scenario. This shows the importance of accurate data entry, especially in the banking sector where mistakes could lead to customer dissatisfaction and loss of trust.

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