False: Increased collection expenditures should reduce the investment in accounts receivable and bad debt expenses, increasing profits.
This is because increased collection expenditures refer to the costs associated with trying to collect unpaid debts from customers.
While these expenditures may lead to a decrease in the number of outstanding accounts receivable and potentially reduce bad debt expenses, they also represent an additional expense for the company.
Therefore, in the short term, increased collection expenditures may actually decrease profits. In the long term, however, if effective collection strategies are put in place, this may lead to improved cash flow and a reduction in bad debt expenses, ultimately leading to increased profits.
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Reeves Company's condensed income statement for the fiscal year 2020 follows: Revenue $12,460 Cost of Goods Sold 5,420 Gross Profit 5,040 Selling, General & Admin. Expenses (SG&A) 2,140 Other Expenses (Income) 1,090 Net Income before Taxes 1,810 For 2021, an analyst is forecating revenue of $13,400. If there are no changes to Young's business model, what would the logical forecast for SG&A expenses be for 2021?
Based on the historical relationship between revenue and SG&A expenses, the logical forecast for SG&A expenses for 2021 would be approximately $2,854.
To forecast the SG&A expenses for 2021, we can use the historical relationship between revenue and SG&A expenses. We assume that this relationship remains consistent and apply it to the forecasted revenue for 2021.
In the fiscal year 2020, the SG&A expenses were $2,140, and the revenue was $12,460. We can calculate the SG&A expense as a percentage of revenue:
SG&A expense as a percentage of revenue = SG&A expenses / Revenue
SG&A expense as a percentage of revenue = $2,140 / $12,460 ≈ 0.1714
To forecast the SG&A expenses for 2021, we multiply the forecasted revenue of $13,400 by the SG&A expense as a percentage of revenue:
Forecasted SG&A expenses for 2021 = Forecasted revenue * SG&A expense as a percentage of revenue
Forecasted SG&A expenses for 2021 = $13,400 * 0.1714 ≈ $2,302.36
Rounding to the nearest dollar, the logical forecast for SG&A expenses for 2021 would be $2,302.
This assumes no changes to Reeves Company's business model and a consistent relationship between revenue and SG&A expenses. It is important to note that this forecast is an estimate and may be subject to actual variations in expenses.
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A company has a 12% WACC and is considering two mutually exclusive investments (that cannot be repeated) with the following cash flows:0 1 2 3 4 5 6 7Project A -$300 -$387 -$193 -$100 $600 $600 $850 -$180Project B -$405 $132 $132 $132 $132 $132 $132 $0What is each project's NPV? Round your answer to the nearest cent.Project A $ Project B $
The NPV for Project A is approximately $93.04, and the NPV for Project B is approximately $20.38.
To calculate the NPV for each project, we need to discount the cash flows using the company's WACC of 12%.
For Project A:
NPV = -300/(1+0.12)^0 + (-387)/(1+0.12)^1 + (-193)/(1+0.12)^2 + (-100)/(1+0.12)^3 + 600/(1+0.12)^4 + 600/(1+0.12)^5 + 850/(1+0.12)^6 - 180/(1+0.12)^7
NPV = -$273.09
Therefore, Project A has a NPV of -$273.09.
For Project B:
NPV = -405/(1+0.12)^0 + 132/(1+0.12)^1 + 132/(1+0.12)^2 + 132/(1+0.12)^3 + 132/(1+0.12)^4 + 132/(1+0.12)^5 + 132/(1+0.12)^6
NPV = $57.76
Therefore, Project B has a NPV of $57.76.
Rounding to the nearest cent:
Project A: -$273.09
Project B: $57.76
To calculate the NPV (Net Present Value) for each project, we need to discount the cash flows of each project using the 12% WACC (Weighted Average Cost of Capital) and sum them up.
Project A NPV = Σ [CFt / (1+WACC)^t]
Project A NPV = -300/(1+0.12)^0 + (-387)/(1+0.12)^1 + (-193)/(1+0.12)^2 + (-100)/(1+0.12)^3 + 600/(1+0.12)^4 + 600/(1+0.12)^5 + 850/(1+0.12)^6 + (-180)/(1+0.12)^7
Project A NPV ≈ $93.04
Project B NPV = Σ [CFt / (1+WACC)^t]
Project B NPV = -405/(1+0.12)^0 + 132/(1+0.12)^1 + 132/(1+0.12)^2 + 132/(1+0.12)^3 + 132/(1+0.12)^4 + 132/(1+0.12)^5 + 132/(1+0.12)^6 + 0/(1+0.12)^7
Project B NPV ≈ $20.38
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Prove you know what diminishing marginal utility is by creating an example of your own. Your example
cannot be food related.
Hi there, I'm not answering this question, sorry.
Your task clearly states you must think of your own example and prove what you know. That's why.
Please, if you're coming onto the Brainly website, at least improve your questions.
In what ways can hoodies be disposed of? Explain the transaction records along with the outline for each route brainly
Hoodies as personal assets can be disposed of in these three ways: trade-in as scrap, de-recognition, outright sale.
The transaction records for each disposal method include removing the cost of the asset from the fixed assets register and its accumulated depreciation, recording the disposal receipts, and computing the profit or loss from the disposal if any.
Thus, for the disposal of hoodies (personal assets), the transaction records remove the cost and accumulated depreciation from the accounts, record the disposal receipts, and compute the profit or loss.
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if a process is both endothermic and spontaneous, then __. a) δu is less than 0 b) δh is less than 0 c) δg is greater than 0 d) δs is greater than 0 e) δh is equal to 0
If a process is both endothermic and spontaneous, then ΔG (change in Gibbs free energy) is greater than 0.
Spontaneity of a process is determined by the sign of ΔG. If ΔG is negative, the process is spontaneous, while if ΔG is positive, the process is non-spontaneous. In this case, since the process is stated to be spontaneous, we can conclude that ΔG is greater than 0.Endothermic processes absorb heat from their surroundings, resulting in an increase in internal energy (ΔU) and enthalpy (ΔH). However, the spontaneity of a process is primarily determined by the change in free energy (ΔG), which takes into account both ΔH and ΔS (entropy change).For an endothermic process to be spontaneous, the increase in entropy (ΔS) must be significant enough to outweigh the positive ΔH term. This results in a positive ΔG, indicating a non-spontaneous process.Therefore, the correct answer is c) ΔG is greater than 0, as the process being both endothermic and spontaneous implies a positive ΔG value.
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A vast global network that is made up of many smaller interconnected networks is known as
Answer:
The internet
Explanation:
the category of information system that is used to process business event data at the operational level of the organization is .
The information system category that is used to carry out processing for business event data at the operation level is Transaction processing systems (TPS).
What is Transaction processing systems (TPS)?Transaction processing systems (TPS) refers to a type of information system that businesses use to record their day to day activities at the operational level.
This system is therefore important because it ensures that a business keeps track of its event data.
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Which is not a benefit of a checking account?
Answer:
no interest
Explanation:
A checking account is a type of account that enables comfortable deposits and withdrawal of money for regular trades.
It can include deposit and withdrawal of cash as well as cheque.
Getting no interest in a checking account is not a beneficial factor.
The benefits of the checking accounts are convenience, easy budgeting and safety.
As compared to the saving account having a proof of payment is the beneficial point of having checking account.
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give short introduction about tourism industry
Answer:
Tourism industry is the industry that manages all the resources related to the tourism like hotel management, guides and many more. Tourism industry is very beneficial for the developing countries like Nepal, India and many more. Through it there will be economic development in the country. And from the economical development the citizens of the country can get facilities.
Answer:
Explanation: Tourism is the activities of people traveling to and staying in places outside their usual environment for leisure, business or other purposes for not more than one consecutive year.1.Domestic Tourism -Domestic tourism is the act of travelling for business or leisure within one’s home country2.International tourism-International tourisminvolves tourist who are traveling to different countries.
Pretzel Corporation acquired 100 percent of Stick Company’s
outstanding shares on January 1, 20X7. Balance sheet data for the
two companies immediately after the purchase follow: Pretzel
Corporation
On January 1, 20X7, Pretzel Corporation acquired 100% of Stick Company's outstanding shares. The balance sheet data after the purchase shows the consolidated financial position of the combined entity.
The acquisition of Stick Company by Pretzel Corporation resulted in the consolidation of the two companies' financial statements. As a result, Pretzel Corporation's balance sheet would reflect the inclusion of Stick Company's assets, liabilities, and equity. The consolidated balance sheet would present a comprehensive view of the combined entity's financial position, providing a single snapshot of the assets, liabilities, and equity of the newly formed organization. This consolidation process enables stakeholders to analyze the financial health, leverage, and overall value of the merged companies as a single entity, offering a clearer understanding of the combined business's financial standing and prospects.
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You rented space for a kiosk at the mall last year for the holiday season for $750. This year they increased it to $825. What is the percent increase?
Answer:
10%
Explanation:
Cost of kiosk last year = $750
Cost of kiosk this year = $825
Percentage increase = $825-$750 / $750 * 100
Percentage increase = $75 / $750 * 100
Percentage increase = 10%
So the percentage increase in the cost of rent is 10%.
What led to Henry Ford's success as an entrepreneur his personal wealth?.
Henry Ford become a a hit entrepreneur because he in no way stopped learning. In fact, he discovered from errors and used the ones stories to enhance his company.
The required details for Henry Ford in given paragraph
Henry Ford (July 30, 1863 – April 7, 1947) become an American industrialist, enterprise magnate, founding father of the Ford Motor Company, and leader developer of the meeting line method of mass manufacturing. By growing the primary vehicle that middle-elegance Americans should afford, he transformed the car from an high-priced luxurious into an available conveyance that profoundly impacted the panorama of the twentieth century. His creation of the Ford Model T vehicle revolutionized transportation and American industry. As the Ford Motor Company owner, he have become one of the richest and best-acknowledged human beings within side the world. Henry Ford is credited with "Fordism", the mass manufacturing of cheaper items coupled with excessive wages for workers. Ford had a worldwide vision, with consumerism as the important thing to peace.
Henry Ford excessive dedication to systematically reducing fees resulted in lots of technical and enterprise innovations, such as a franchise gadget that placed dealerships during North America and foremost towns on six continents. Ford left maximum of his sizable wealth to the Ford Foundation and organized for his own circle of relatives to completely manipulate it.
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this u have to consider while planing for inter croping farming
Answer:
Answer to the following question is as follows;
Explanation:
The soil, temperature, and variety are all factors to consider when deciding which crops to combine. It is critical that crops do not compete for space, nutrients, water, or sunshine with one another. Cultivating one crop having deep roots beside another with shallow roots is an illustration of an intercropping technique.
All of the following are arguments used by proponents of offshoring except:
a. It creates enormous value for firms and economies.
b. Western firms are able to tap into low-cost and high-quality labor.
c. Firms can focus on their core capabilities.
d. For every dollar spent by US firms on India, the U.S. obtains $1.13.
e. It is not true that some US employees may lose their jobs.
Answer:
Explanation:
The correct answer is e. It is not true that some US employees may lose their jobs.
Proponents of offshoring often argue for its benefits, but they do acknowledge that some US employees may lose their jobs as a result. The other options listed are commonly cited arguments in favor of offshoring:
a. It creates enormous value for firms and economies: Proponents argue that offshoring can lead to increased efficiency, productivity, and competitiveness, benefiting both companies and the overall economy.
b. Western firms are able to tap into low-cost and high-quality labor: Offshoring allows companies to access labor markets in countries with lower labor costs, enabling cost savings and potentially accessing skilled workers not readily available domestically.
c. Firms can focus on their core capabilities: By offshoring certain tasks or functions, companies can concentrate on their core competencies, leading to increased specialization and efficiency.
d. For every dollar spent by US firms on India, the U.S. obtains $1.13: This argument highlights the potential economic benefits of offshoring, such as increased exports or revenue from foreign markets.
It's important to note that offshoring is a complex and debated topic, and there are differing opinions on its impact and implications for various stakeholders, including employees and local economies.
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All of the following are arguments used by proponents of offshoring except It is not true that some US employees may lose their jobs. Thus the correct option is E.
Offshoring is the practice of moving a company's commercial operations or specific duties to another country. This is usually done to benefit from cheaper labor costs, gain access to specialized talents or resources, or grow into new markets.
offshore supporters often admit that some US employees may lose their jobs as a result of offshore. They contend, however, that the overall benefits outweigh the potential negative consequences.
Therefore, option E is appropriate.
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When viewability costs are prohibitive, it's because of the goals that are in place for the campaign. a. true b. false
The statement "When viewability costs are prohibitive, it's because of the goals that are in place for the campaign" is true.
Viewability costs can be prohibitive for a number of reasons, one of which may be the goals of the campaign.
For example, if the goal of the campaign is to achieve a high level of ad engagement or conversions, then viewability may be a crucial factor in achieving those goals.
In this case, the advertiser may need to pay a premium for highly viewable ad placements.
However, there are other factors that can impact viewability costs, such as the ad format, placement, and the overall demand for viewable ad inventory.
Advertisers may also be competing for a limited amount of viewable inventory, which can drive up costs. Additionally, some publishers may intentionally limit the amount of viewable inventory available in order to increase prices.
In summary, while campaign goals can be a factor in viewability costs, there are other variables that can impact pricing as well.
Advertisers should consider their overall strategy and budget when evaluating viewability costs and determine whether paying a premium for viewable inventory is necessary to achieve their goals.
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Create a script for a personal sales presentation. The script should include the dialogue between both the seller and the prospect. (500 words)
PAPER SALES(650 words)
FADE IN.
1. Int. COFFEE SHOP - DAY
SALESMAN sits at a small table, typing on his LAPTOP.
CLOSE UP ON SCREEN.
LAPTOP displays a website for a print shop, with several other similar tabs open.
SALESMAN nods, seeming satisfied, and closes his LAPTOP, leaving the shop.
FADE OUT.
FADE IN.
2. Int. PRINT SHOP - DAY
SHOP OWNER is writing something at the counter when SALESMEN enters, the entry bell chiming.
OWNER: Can I help you?
SALESMAN(smiling): Yes sir, if you have a spare moment?
OWNER(setting down his pen): Of course. What do you need? You want something printed?
SALESMAN(shaking OWNER's hand): No, actually, I'm John, I'm a sales representative from GreenInk Incorporated, you might have heard of us? We're a new startup, we sell top-notch recycled paper goods, and I was hoping you might be interested in buying some of our stock. It's one-hundred percent recycled from discarded paper goods, with a ninety-three percent lowered impact on the environment.
OWNER(skeptical): I'm sorry, but I've seen recycled paper before, and as much as I love helping the planet, my customers have come to expect a certain standard from me. I don't want to disappoint them with subpar stock, even if it's for a good cause.
SALESMAN opens a briefcase and hands OWNER some samples.
SALESMAN: Actually, our paper is some of the best on the market. Four out of five customers polled couldn't tell the difference between our recycled paper and our competitors' wares.
OWNER(nodding): Hmm, interesting. You're right, I can barely tell these from my current stocks... But I'm guessing the price can't possibly be the same, what are your rates?
SALESMAN hands OWNER a pamphlet marked with prices.
OWNER(furrowing brow): Your base prices are good, but your bulk discounts aren't close to what I'm getting now.
SALESMAN: That's true, but did you look at our waste recycling rates? If you buy our stock, we offer a buyback plan for all your disposed paper goods, even waste from other companies' products. We'll pay you back fifteen percent of your costs.
OWNER(considering): I don't know... Let me think about it, I do like your product and your cause, but I'm just not sure about those prices.
SALESMAN: Listen, my company really would love to have you as our customer, I'll tell you what. I think I can work out an extra five percent discount for your store if you can place your order this month. Does that make a difference for you?
OWNER(grinning, shaking SALESMAN's hand): I think we have a deal.
Conversation continues wrapping up and the deal is signed as sound fades.
FADE OUT.
FADE IN.
3. Int. OFFICE - EVENING
SALESMAN is on the phone, waiting for OWNER to pick up.
OWNER(in his store): Hello, this is Douglas Print Shop speaking, how can I help you?
SALESMAN: Hello! This is John from GreenInk, we talked a couple weeks ago, I'm just calling to see how you're doing with your order? Is everything going smoothly?
OWNER: Oh, yes, it's going fine! I just got my first shipment in yesterday, it's very satisfactory so far. My old customers like it just as well, and I'm getting a few new sales because I can advertise that I've gone green.
SALESMAN: I'm glad to hear it! Sounds like it's all gone off without a hitch, that's wonderful. I notice you have two more months of orders planned. If you're happy with our product, would you like me to set you up with the six month rates? It's three percent lower, and I could apply it to the orders you've already placed for you.
OWNER: Yes, that'd be great, thank you.
SALESMAN: Perfect, I'll hook you up with that then. If there's nothing else you need, I'll go do that now. Thank you for your business, sir!
OWNER: Alright, thank you! It's been a pleasure doing business with you.
FIN.
The script for a personal sales presentation is the dialogue between both the seller and the prospect.
What is Sales?A sale is an agreement between a buyer and a seller in which the seller exchanges money for the sale of tangible or intangible products, assets, or services. There are two or more parties involved in a sale. A sale, or a contract between two or more parties, such as the buyer and seller, can be thought of in larger terms.
Owner (of his business): Hello, this is Douglas Print Shop. How may I be of service?
SALESMAN: Hello! I spoke with you a few weeks ago, and now I'm calling from GreenInk to check how your order is doing. Is everything proceeding as planned?
Owner: Oh, absolutely, everything is great! My first package just arrived yesterday, and so far, everything is great. Because I can promote that I've gone green, my current customers like it just as much and I'm gaining a few more purchases.
SALESMAN: I am happy to hear that! It sounds like everything went off without a hitch, which is fantastic. I see you have orders lined up for the next two months. Would you like me to set you up with our product if you're satisfied with it.
Therefore, The conversation between the seller and the prospect is known as a sales presentation.
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GUYSSSS PLS HELP!!!!! I WILL GIVE BRAINLIEST AND A GOOD RATING!!!!!!
Using a diagram, explain what happens to a trader's total revenue when his price falls given that demand for his product is
i) Elastic
ii) Inelastic
If demand is elastic, a price increase will cause a larger than commensurate decrease in the amount sought. As a result, the producer's income will decrease.
What happens to total revenue when the price falls and demand is inelastic?When the price of an inelastic good is reduced, the demand for that good does not rise. As a result, less money is made overall because of the reduced price and unchanged demand. This would suggest that the company shouldn't lower the price of its items because there would be no positive results from doing so.
As shown in the diagram attached below, the quantity demanded fell from 0Q1 to 0Q2 after the price increased from 0P1 to 0P2. If the demand is inelastic, an increase in price will result in a less-than-proportionate fall in the quantity demanded. Consequently, the producer's total revenue will rise. As shown in the diagram, quantity demand falls from 0Q1 to 0Q2 after the price increases from 0P1 to 0P2.
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What is the best reason for homebuyers to create a budget before taking out a mortgage?
to compare the value of their home with that of their neighbors
to plan how to pay off the money they have borrowed
to set aside enough money to refinance the loan
to figure out how long they can stay in their home
The best reason for homebuyers to create a budget before taking out a mortgage is to : Plan how to pay off the money they have borrowed.
What is a mortgage?A mortgage is an agreement(legal) between a bank and the buyer in which the bank lends money to the buyer to purchase a house.
When a buyer takes a mortgage, the buyer agrees to pay back the money in full with an agreed interest rate, at a stipulated time.
Types of actions that can be taken with a mortgage are :
Purchase a homeMaintain a homeMaintain other types of real estateTherefore, the best reason for homebuyers to create a budget before taking out a mortgage is to plan how to pay off the money they have borrowed.
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Answer:
b
Explanation:
Click this link to view O*NET's Skills section for Actors.
Note that common skills are listed toward the top, and less common skills are listed toward the bottom. According to
O*NET, what are common skills needed by Actors? Select four options.
mathematics
speaking
social perceptiveness
active listening
reading comprehension
operation monitoring
Answer:
speaking, active listening, reading comprehension, social perceptiveness
Answer:
2 3 4 5
Explanation:
trust :D
How can you use feedback from your clients?
a. To practice reflective listening
b. To improve your effective communication
c. To improve your trust and rapport with your clients
d. To improve your skills and craft
One example of an unexpected event that can seriously affect your finances
is:
A. the bank charging you for an account overdraft.
B. losing your job because your company's performance was poor.
C. spending more than you took in the past two months.
D. missing a credit card payment and being charged interest on the
balance.
The example of an unexpected event that can seriously affect the finances of any person is losing the job because the company's performance was poor.
What is finance?Finance is defined as a broad phrase that encompasses activities such as credit, banking, debt, funds, capital markets, and investments.
Finance is defined as the obtaining, expenditure, and management of funds. The elements that affect the finances of any person is that the bank charges on an account overdraft.
The finances of any person may be affected by spending more than the person took in the past two months.
Therefore, option B is correct.
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ndre receives 50 shares of stock with a fair market value of $200,000 plus $50,000 cash in exchange for his contribution of machinery, land and inventory valued at $40,000, $150,000 and $60,000, respectively. how does andre allocate the boot for purposes of calculating recognized gain?
Andre allocate the boot for purposes of calculating recognized gain in the transaction is $0. It did not make a profit or loss from the transaction of his contribution in exchange for stock and cash.
What is the purpose of calculating recognized gain?In this scenario, to calculate the recognized gain, André should allocate the boot using the formula:
Total Boot - Adjusted Basis = Gain or Loss
This formula helps to determine the gain or loss André made from the exchange of his contribution (machinery, land, and inventory) for 50 shares of stock worth $200,000 and $50,000 cash. The allocation of boot goes as follows:
Total Boot = $200,000 + $50,000 = $250,000
Adjusted Basis = $40,000 + $150,000 + $60,000 = $250,000
Therefore, Total Boot - Adjusted Basis = Gain or Loss
$250,000 - $250,000 = $0
Gain recognized = 0
Therefore, the recognized gain in this transaction is $0, indicating that André didn't make a profit or loss from the transaction of his contribution in exchange for stock and cash.
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What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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Even though there are about 15 percent more acers planted in corn rather than soybeans in the United States, corn sales are 63.9 billion annually compared to soy's revenue of 37.6 billion. This indicates which of the following?
Answer:
C
Explanation:
If the total acreage is only +15% then either the yield or price (or both) must be higher to account for the price difference
services: group of answer choices are intangible. often have to be produced in the presence of the customer. are not easy to store. all of these choices are correct
The answer E. All of these choices are correct. Intangibles are services. Perishables that frequently need to be manufactured in front of the client are difficult to store.
Services are intangible because they are frequently impossible to see, taste, feel, hear, or smell before buying them. A client of a lawyer cannot predict the conclusion of a case before the lawyer's work is presented in court, much as a person obtaining plastic surgery cannot see the outcomes prior to the purchase.
Travel, freight forwarding, insurance, repairs, consultancy, computer software, investment banking, brokerage, education, health care, and accounting are examples of intangible things that are rarely tested, examined, or tried out beforehand.
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Note that the correct question is:
Services
A. are intangible.
B. often have to be produced in the presence of the customer.
C. are not easy to store.
D. are perishable.
E. All of these choices are correct.
Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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If the Governor of the Bank of Canada wants to institute a contractionary monetary policy to fight inflationary pressures briefly explain how such a policy would affect the marketplace.
When the Governor of the Bank of Canada wants to institute a contractionary monetary policy to fight inflationary pressures, this policy will cause a slowdown in the growth rate of the economy by reducing the money supply within the marketplace.
This means that there will be a decrease in the amount of money available to individuals and businesses to borrow and invest in the economy. Therefore, this policy will have the following effects:Firstly, the interest rates will increase since there is less money available to lend to consumers, this will result in the increase of the interest rates, which will make it more difficult for businesses and individuals to take out loans. Secondly, the purchasing power will decrease since there is less money circulating in the economy, the prices of goods and services will increase, which will result in less purchasing power for consumers.
Thirdly, the unemployment rate will increase since businesses will have less money to invest and expand their operations, this will result in the decrease of employment opportunities. Finally, the contractionary monetary policy will have the effect of slowing down the economy, which means that there will be fewer economic opportunities available for individuals and businesses. Overall, a contractionary monetary policy will help to fight inflationary pressures, but it will also have significant effects on the marketplace, which will have to be carefully considered before implementation.
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ASAPP PLZZZZ
3. In the mythical kingdom of Erehwon, the basic unit of money is the rudolf. At today's exchange rate, 4 rudolfs are equal to $1. A U.S. tourist in Erehwon wishes to purchase a guidebook to the country. The price is 6 rudolfs. How much is this in U.S. money?
(A) $1.50
(B) $6
(C) $4
(D) $24
Assume Global Cleaning Service had a net income of $570 for the year, Global Cleaning Service's beginning and ending total assets were $4,520 and $4,180, respectively. Calculate Global Cleaning Service's return on assets (ROA).
Global Cleaning Service's return on assets (ROA) is 13.1%, which indicates that the company generated $0.131 in net income for every dollar of total assets during the year.
What's ROAROA is a financial ratio that indicates the profitability of a company in relation to its total assets. It is calculated by dividing the net income by the average total assets.
In this case, Global Cleaning Service had a net income of $570 for the year. The beginning total assets were $4,520, and the ending total assets were $4,180.
To calculate the average total assets, we can add the beginning and ending total assets and divide by 2:
Average Total Assets = (Beginning Total Assets + Ending Total Assets) / 2
Average Total Assets = ($4,520 + $4,180) / 2
Average Total Assets = $4,350
Now, we can calculate the ROA:
ROA = Net Income / Average Total Assets
ROA = $570 / $4,350
ROA = 0.131 or 13.1%
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Even when economic indicators show that the economy is down, small businesses often thrive. Think of a small business in your community that would do well, even if people did not have a lot of extra money to spend, and explain the advantages it has over larger businesses.
Answer:
A drug store is a type of business that is likely to do well even in an economic recession.
This is because drug stores sell an essential good, that often has a high price, and that is needed by many people, specially those who suffer from chronic diseases.
In other words, people will likely reduce their consumption of many other goods before reducing their consumption of prescription drugs.