The following questions focus on the exchange rate between the euro and the South Korean won. Assume the exchange rate is flexible. The exchange rate is defined as the number of euros you must pay for one won. Suppose a recession in the euro zone causes European incomes to decrease, while incomes in South Korea remain the same. Shift the appropriate curve or curves on the following graph to illustrate how this affects the market for South Korean won if all other things remain equal. Note: Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther, Supply of Won Demand for Won Supply of Won PRICE (Euros per won) Demand for Won QUANTITY OF WON The decrease in European Incomes causes the South Korean won to relative to the South Korean won. relative to the euro and causes the euro to Suppose the price level in the euro zone rises by 5%, while the price level in South Korea remains the same. That is, the inflation rate in the euro zone is higher than in South Korea. Drag the appropriate curve or curves on the following graph to illustrate how this affects the market for South Korean won. Supply of Won Demand for Won Supply of Won PRICE (Euros per won) Demand for Won QUANTITY OF WON Suppose the real interest rates in the euro zone and South Korea are initially the same. Then the real interest rate in South Korea falls, while the real interest rate in the euro zone remains the same. This will cause the supply of won to and the demand for won to which causes the euro to relative to the South Korean won.
Answers
India–South Korea relations refers to the bilateral relations between India and South Korea.
A rise in income in South Korea will result in a depreciation of the South Korean won in relation to the Euro and an appreciation of the euro in relation to the South Korean won.Reason: Demand for South Korean and European goods rises as income levels do. Thus, the supply of won rises. The supply of won causes a decline in the value of won.2. The South Korean won depreciates in relation to the euro when prices in South Korea rise.Reason: South Korea's purchasing power declines as price levels rise. As a result, there is less demand for won. People no longer desire to hold won, increasing the supply of won. The won loses value as a result of this.To know more about Bilateral relations here
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Related Questions
38:38
Mark is a college student and frequently needs to either rent a car or borrow his friend's car. Although he doesn't own a car of his own,
he wants to buy himself some liability coverage that would apply whenever he drives someone else's car. Which coverage should Mark get?
Answers
Mark is a college student and frequently needs to either rent a car or borrow his friend's car, Mark should get Non-owner coverage.
Non-owner coverage is non-public vehicles that your business would not own, rent, or lease. Non-owned automobile coverage helps provide legal responsibility and safety if a car you haven't leased, hired, or rented is pushed on your business and is a coincidence.
In case you drive often but do not own an automobile, a non-proprietor insurance policy provides legal responsibility coverage for bodily harm and property harm, which means that it'll cover you if you're answerable for damages or injuries in a coincidence.
Non-owner vehicle coverage is for individuals who sometimes drive an automobile they don't own but need to prove insurance. It affords liability coverage that will pay for accidents and assets that harm our purpose to other humans in a twist of fate. but, it doesn't cowl damage to the automobile you have rented or borrowed, nor for any accidents.
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Amazon's start of rapid delivery services in some U.S. cities is an example of which type of strategy?
Answers
Answer:
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1. Assume two countries (Portugal & Britain) each produce wine and cloth. Given the following details with respect to resources required to produce each good in each country, answer the following questions. b. a. What is the opportunity cost of producing each good in each country? (4 Points) Draw the Production Possibilities Frontier for each country assuming no trade and 500,000 labor hours (use wine as the x-good). (10 Points) Provide an interpretation of the slope of the PPF in this example (8 Points) If these countries engaged in international trade, in what range would the relative prices have to be to ensure mutually beneficial trade, and which good would each country specialize in? (10 Points) e. Assuming the relative price with trade of wine is 0.67 cloth and the relative price of cloth is 1.48 wine, calculate the gains from trade and show on the PPFs the expanded consumption choices for each country. (16 Points) c. d. Country Production (1 Hour of Labor Time) Cloth Wine Portugal 2.85 Britain 3.4 5.3 4.2
Answers
a. The opportunity cost of producing wine in Portugal is 0.35 units of cloth, and the opportunity cost of producing cloth in Portugal is 2.85 units of wine.
b. The slope of the PPF represents the opportunity cost of producing one good in terms of the other. In this case, the slope of Portugal's PPF is -0.35, and the slope of Britain's PPF is -0.71.
c. If these countries engaged in international trade, the relative prices of wine and cloth would have to be within the range of Portugal's opportunity cost of producing wine (0.35 units of cloth) and Britain's opportunity cost of producing wine (0.71 units of cloth).
d. Assuming the relative price with trade of wine is 0.67 cloth and the relative price of cloth is 1.48 wine, then Portugal would specialize in producing wine and Britain would specialize in producing cloth. Portugal would export wine and import cloth, and Britain would export cloth and import wine.
How to explain the informationIf the relative price of wine were below 0.35 units of cloth, then Portugal would be able to produce wine more cheaply than Britain, and it would not be in Portugal's interest to trade. If the relative price of wine were above 0.71 units of cloth, then Britain would be able to produce wine more cheaply than Portugal, and it would not be in Britain's interest to trade.
The gains from trade are the increase in consumption that countries experience after they specialize and trade. In this case, the gains from trade are represented by the shaded area in the graph. The gains from trade are a result of the increased efficiency that is possible when countries specialize in the production of goods that they have a comparative advantage in.
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Which of the following it NOT a position in the Administrative Support pathway?
A. Teacher
B. Medical Transcriptionist
C. Receptionist
D. Administrative Assistant
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Teacher is not a position in the Administrative Support Pathway. The administrative support pathway covers careers that assist corporate operations through a range of administrative and clerical tasks, such as project management, data processing and gathering, and information and communication management.
The administrative support assistant assists with a number of academic or administrative units' general administrative duties, such as answering phones, serving customers, workers, or visitors, creating documents and reports, gathering records, setting up meetings, and arranging. Therefore, teacher is not considered to be a part of it.
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Explain the types of utility and the role marketing plays in their creation.
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Based on the marketing concept, various utilities seek to enhance the product's usefulness to customers in a way that persuades them to make a purchase. E.g. Form, time, place, etc.
What is Marketing Utility?Marketing Utility is a term that is used to describe the idea that the promising way to sell a product to a consumer is to show them how the product could provide value to their life.
Generally, Marketing Utility includes the integration of a product into a customer's lifestyle by underlining how it can figure out a problem related to the consumer's needs.
Types of Marketing Utility are:FormTimePlaceInformationAlso, the role of marketing in utility helps develop a value proposition of products that explains the unique benefits a commodity can provide to consumers.
Hence, in this case, it is concluded that Marketing Utility is vital in the product's sales.
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3. When an account such as “Accounts Payable” has a credit balance and a credit entry is posted to the account, the account balance is:
a. Increased
b. Decreased
c. Can be increased or decreased
d. None of the above
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Question 2 of 10
What is the best reason to research potential locations before incorporating?
Answers
Calculating Income Tax Expense
Given the following.
Taxable Income $400k
Future taxable amounts $30k
Future deductible amounts $50k
Beginning Balances DTA $10k
Beginning Balances DTL $40k
Tax rate 30%.
1. What is the income tax expense?
2. What is the DTA year end balance?
3. What is the DTL year end balance?
4. What is the income tax expense?
5. What is the originating/reversing amount for the future taxable amount and for the deductible amount of the current year?
Answers
The income tax expense is $120k
The DTA year-end balance is $10k
The DTL year-end balance is $40k
The origination amount for the future deductible amount is $15k, and the reversing amount is also $15k.
How to Solve the Problem?1. To calculate the income tax expense, we need to first calculate the taxable income.
Taxable Income = $400k
Tax rate = 30%
Income tax expense = Taxable Income * Tax rate
Income tax expense = $400k * 30% = $120k
2. The DTA (Deferred Tax Asset) year-end balance can be calculated as follows:
Beginning Balance DTA = $10k
Future deductible amounts = $50k
Origination amount for the deductible amount = $50k * 30% = $15k
Reversing amount for the deductible amount = $15k
DTA year-end balance = Beginning Balance DTA + Origination amount - Reversing amount
DTA year-end balance = $10k + $15k - $15k = $10k
3. The DTL (Deferred Tax Liability) year-end balance can be calculated as follows:
Beginning Balance DTL = $40k
Future taxable amounts = $30k
Origination amount for the taxable amount = $30k * 30% = $9k
Reversing amount for the taxable amount = $9k
DTL year-end balance = Beginning Balance DTL + Origination amount - Reversing amount
DTL year-end balance = $40k + $9k - $9k = $40k
4. The originating/reversing amount for the future taxable amount and the future deductible amount of the current year have already been calculated in questions 2 and 3. The origination amount for the future taxable amount is $9k, and the reversing amount is also $9k. The origination amount for the future deductible amount is $15k, and the reversing amount is also $15k.
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First to respond with what points are and what they do on Brainly gets 100 points.
Answers
Answer:
You need points in order to ask questions. You get points by answering questions. It's the cycle of.... help to be helped, I guess.
Answer:
on brainly i help people and get answers
Users need to use points to post a question
Explanation:
Straight-line depreciation is the simplest depreciation method because it assumes assets lose value evenly throughout their lives. The annual depreciation rate is 100% divided by the useful life; for example, a five-year useful life asset has an annual depreciation rate of 100%/5 = 20%. The annual depreciation expense is the depreciation rate times the depreciable cost.
A five-year asset purchased for $100,000 with an expected residual value of $10,000 has an annual depreciation expense of 0.2 x ($100,000- $10,000)_________ ' After each year, the depreciation expense reduces the depreciable basis (for example, after the first year, the depreciable basis is______
Answers
Answer:
Straight-Line Depreciation Method:
A five-year asset purchased for $100,000 with an expected residual value of $10,000 has an annual depreciation expense of 0.2 x ($100,000- $10,000)__$18,000_______ ' After each year, the depreciation expense reduces the depreciable basis (for example, after the first year, the depreciable basis is__$72,000____
Explanation:
a) Data and Calculations:
Asset's acquisition cost = $100,000
Residual value = $10,000
Useful life = 5 years
Depreciation rate = 20% (100/5)
Depreciable amount or basis = $90,000 ($100,000 - $10,000)
Depreciation expense for 1st year = 0.2 x ($100,000- $10,000) = $18,000
Depreciation basis after 1st year = $72,000 ($100,000 - $10,000 - $18,000)
b) The depreciation basis of a tangible long-term asset is the amount of the asset's cost that can be depreciated over its useful life. This amount is the acquisition cost of an asset, minus its estimated salvage value at the end of its useful life.
In a perfectly competitive resource market the Marginal Revenue Product Curve is
A. HORIZONTAL (WRONG)
B. VERTICAL
C. DOWNWARD-SLOPING
D. UPWARD-SLOPING
Answers
In a perfectly competitive resource market, the Marginal Revenue Product Curve is downward sloping. The Option C is correct.
What is the marginal revenue curve in perfect competition?The marginal revenue curve is a curve that graphically represents the relation between the marginal revenue received by a perfectly competitive firm for selling its output and the quantity of output sold.
As a perfectly competitive firm is a price taker and faces a horizontal demand curve, its marginal revenue curve is also horizontal and coincides with its average revenue (and demand) curve. It also maximizes profit by producing the quantity of output found at the intersection of the marginal revenue curve and marginal cost curve.
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Bryant Manufacturing produces its product in two sequential departments. During October, the first process finished and transferred 300,000 units of its product to the second process. Of these units, 60,000 were in process at the beginning of the month and 240,000 were started and completed during the month. At month end, 40,000 units were in process. Using the FIFO method, compute the number of equivalent units of production for direct materials for the first process for October assuming that all direct materials are added to products when processing begins.
Multiple Choice
280,000.
240,000.
340,000.
300,000.
200,000.
Answers
The number of equivalent units of production for direct materials for the first process in October, using the FIFO method, is 280,000 units. Option A.
To calculate the equivalent units of production for direct materials using the FIFO method, we need to consider the units that were completed and transferred out during the month and the units that are still in process at the end of the month.
In this case, 240,000 units were started and completed during the month. These units are considered fully processed and are counted as equivalent units.
Additionally, 40,000 units were in process at the end of the month. These units are partially processed and need to be accounted for.
Therefore, the total equivalent units of production for direct materials for the first process in October, using the FIFO method, is:
Equivalent Units = Units completed and transferred + Units in process
Equivalent Units = 240,000 units + 40,000 units
Equivalent Units = 280,000 units
Thus, the correct answer is 280,000. SoOption A is correct.
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Darren and Ike run a custom bicycle shop. This week, they launched a series of free bicycle repair clinics to raise awareness about their business. Which term BEST describes their activity?
Answers
Answer:Maybe they are trying to get people to notice them and come into their shop
Explanation:
Answer:
public relations
Explanation:
Case Study
Sovrano Café is considering a major expansion of its business. The details of
the proposed expansion project are summarized below:
- The company will have to purchase $950,000 equipment, that require
installation cost and transportation cost equal $100,000.
- The project has an economic life of 5 years.
- The cost can be depreciated using straight line method.
- At t = 0, the project requires that working capital will increase by $200,000
- The project’s salvage value at the end of 5 years is expected to be $60,000.
- The company forecasts that the project will generate $725,000 in sales the
first 2 years and $650,000 in sales during the last 3 years
- Each year the project’s operating cost excluding depreciation is expected to
be 50% of sales revenue.
- The company’s tax rate is 40%
- The company already pays marketing expenses equal 80,000.
- The project’s cost of capital is 10%
What do you recommend?
Answers
Based on the analysis of the cash flows, the expansion project seems feasible as it has a positive NPV of $142,919.49, and a profitability index of 1.15, indicating that the project will generate value for Sovrano Café and its shareholders.
To arrive at this conclusion, we first calculated the cash flows for the project, which included the initial investment, operating cash flows, salvage value, and tax savings from depreciation. We then discounted these cash flows using the project's cost of capital to calculate the net present value (NPV) and profitability index (PI).
The NPV of $142,919.49 suggests that the project's expected cash inflows exceed its expected cash outflows, taking into account the time value of money. The PI of 1.15 further supports the conclusion that the project will generate value for the company, as a PI greater than 1 indicates that the present value of the project's expected cash inflows exceeds the present value of its expected cash outflows.
Therefore, based on the financial analysis, it is recommended that Sovrano Café move forward with the proposed expansion project.
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a job applicant should not ask questions during an interview.; you can learn everything you need to know about a company during an interview.; you can ready yourself for an interview by:; a practice interview should be seen as a learning experience.; all of the following information should be researched before a job interview except _____.; when researching a specific job, what information should you be looking for?; conducting research about an occupation, company, or job can increase your employability.; which of the following is an example of a stress question?
Answers
All of the following information should be researched before a job interview except salary expectations.
A job applicant should not ask questions during an interview. You can learn everything you need to know about a company during an interview. You can ready yourself for an interview by researching the company, practicing interview questions and answers, and preparing questions to ask the interviewer. A practice interview should be seen as a learning experience.
.
When researching a specific job, what information should you be looking for? Job duties and responsibilities, expected qualifications, salary range, and company culture. Conducting research about an occupation, company, or job can increase your employability.
Which of the following is an example of a stress question? Explain? "Describe a difficult situation you faced at work and how you addressed it."
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Assume that a gourmet food manufacturer has considered renting a booth at a local mall to sell gift boxes of candy, nuts, and cookies during the holiday season. The fixed costs to rent and operate the booth would be $27,900. The unit contribution margins and sales mix anticipated by the company are as follows: Unit Contribution Margin Sales Mix Candy $1.50 50% Nuts $2.00 30% Cookies $1.00 20% What would be the weighted average contribution margin
Answers
Now that you know about the different types of bank accounts, relate this information to your chosen career path. Write a paragraph explaining the type(s) of bank accounts that you would need in order to save enough money for college or training for your career. Your answer should address the following questions:
Do you already have a bank account? If so, which type(s), and how do you use them? If not, then how could you go about opening a bank account of your own?
After learning about the different types of bank accounts, which one do you think offers the best options for saving money for college, daily living expenses, and an emergency fund?
Define a bounced check, or a check returned for insufficient funds. Explain a circumstance in which someone might bounce a check (give an example), and create and discuss a plan so that this does not happen to you.
Answers
Answer:
I pay for my expenses using either my debit card or cash that I withdraw from the ATM. It is very rare that I write a check to pay for my purchases. If there is an emergency situation, I withdraw money from one of my certificates of deposit.
I want to be a physicist, and I plan to earn a graduate degree in physics from Harvard University. I don’t have enough money saved up to pay for my tuition, even though I have two certificates of deposit accounts and one savings account. This means that I will probably have to take a student loan from my bank. However, I do have sufficient money in my checking account to pay for my daily expenses.
A bounced check is a check that a person has written but cannot pay for due to insufficient funds. For example, a person might send a check for a credit card bill but the person’s bank account may not have sufficient balance to pay this amount. To avoid check bouncing, I’ll always try and remember a rough figure of the money in my account. Additionally, wherever possible, I will pay my bill either in cash or by debit card.
Explanation:
PLATO sample answer
A bank monetary base account is managed by a bank or other financial institution wherein the bank records financial transactions with customers.
Bank Account:We pay for all our purchases with a debit card or cash from an ATM. I rarely pay for things with a check. I can take money out of one of my certificates of deposit because I need it in an emergency.
We want to be a physicist and plan to study physics at Harvard University. Although I have two savings deposits and one savings account, I may not have enough money set aside to pay for my tuition. As a result, I'll most likely need to borrow money from my bank for a student loan. My term deposit, on the other hand, has enough cash to cover our everyday needs.The bounced check has been written but cannot be paid because of a lack of money. The person may, for example, submit an account to cover a credit card debt, yet his or her bank account may not have adequate funds to cover the payment. I'll try to remember a rough figure of the money in my account to avoid checks bouncing.I'll also pay my share in cash or through a debit card whenever feasible.Find out more about the bank account here:
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Answer for lab Plato
* Who is the teen entrepreneur? Young people the age of 13 to 18.
* What makes this business successful? Useful for the community, solves their problems.
* How did the teens prepare for entrepreneurship?looked for solutions for people, requirements to start a business, get financially help from family etc.
* Where did they get startup money? Selling s service to get paid, Crowdsourcing through Kickstarter could be an option, while parents and friends might help, too.
* What was the motivation for starting a business? To overall help their community.
Answers
The teen entrepreneur are young people the age of 13 to 18.
This business is successful because it is useful for the community, solves their problems.
What are the responses to other questions?* The teens prepare for entrepreneurship by looking for solutions for people, requirements to start a business, get financially help from family etc.
* They got startup money from selling service to get paid, Crowdsourcing through Kickstarter could be an option, while parents and friends might help, too.
* The motivation for starting a business was too overall help their community.
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Get in the habit of using the term "we" rather than "I" when
referencing ideas/research throughout the presentation and the Q/A. True or false ?
Answers
The answer is true. Through a presentation, a speaker imparts knowledge to an audience. The typical goals of a presentation are to inform, persuade, inspire, motivate, foster goodwill, or propose a novel concept or service.
Speeches, introductions, lectures, and demonstrations are all examples of presentations. Divide your audience into these three categories to better focus your message: You must include an introduction, a body, and a conclusion in audience presentation. An intriguing start. Explain why your audience will find what you're about to talk about in your introduction valuable or important while providing a brief summary of it. Give the supporting information in a body.
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Your annual sales are $217,000. The sales are spread evenly over four quarters except that sales in the first quarter are double any other quarter. What are your sales in the first quarter of the year?
Answers
Answer:
86,800
Explanation:
Answer:
it’s 86800
Explanation:
If anyone knows about businesses can you help me please
Answers
Answer:
I believe it is team standard
Explanation:
One way a group of people can become an effective team is to create team standards. These are essentially the rules that govern how the team works and behaves. To be effective, the team standards need to be set and agreed to by the team members and not dictated to them by a boss or manager.
Which position most likely requires a master’s degree for success?
Computer Programmer
Website Designer
IT Project Manager
Computer Scientist
Answers
Answer:
The answer is computer scientist
Please Help soon
Reflect on how the money multiplier concept can be an important tool of both expansionary as well as contractionary monetary policy for any central bank such as the U.S. Federal Reserve Bank?
Answers
The money multiplier can be used as an expansionary and also an expansionary tool by a given government.
What is an expansionary tool?As an expansionary tool, the money multiplier may be used to increase the amount of money supply that is in an economy. This would cause the interest rates to be low so that people would not have much benefits from saving their money.
As a contractionary toolThe money multiplier can be used to reduce the amount of money that is in circulation in a given economy. This would make people want to save more money in the bank because the interest rate is going to be raised.
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USAco exports videos containing Brewer baseball highlights from the Lopes-Royster era (each video lasts only 30 seconds) on which USAco earns annual gross income of $1.5 million. USAco's video production facility is located in Sheboygan, Wisconsin. On all export sales, title passes in the country of the foreign customer. Which one of the following statements is true?
a. USAco has $1.5 million of foreign-source income.
b. Because USAco purchases the videos that it exports, USAco has $.75 million of foreign-source income.
c. USAco cannot take a foreign tax credit because USAco purchases the videos in the United States.
Answers
Answer:
USAco
Export of Videos
The true statement is:
c. USAco cannot take a foreign tax credit because USAco purchases the videos in the United States.
Explanation:
A foreign-source income is income generated from exports of goods and services or arising from the income generated by a U.S. foreign subsidiary. Foreign tax credit is granted to US entities that have foreign subsidiaries to avoid double taxation of the foreign income.
you start out with $2,000 in a savings account and save $100 a month for 10 years and the account has a 2.5% interest rate. based on that calculation how much interest would you earn?
Answers
Answer: 25%
Explanation:
What is the main advantage of being a productive worker?
OA. You can create a lot of products or services quickly.
OB. You are able to work in a field with a high market value.
O C. You are given access to the benefits of worker organizations.
OD. You do not have to follow restrictive regulations.
SUBM
Answers
Answer:
There are many advantages of being a productive worker. The first advantage is that you can earn more money. You will be able to earn more money if you are a productive worker because you will have the opportunity to work with companies that pay higher salaries. The second advantage is that it gives you the opportunity to have a better lifestyle, for example, having an apartment or house and buying things for yourself and your family. The third advantage is that it gives you the opportunity to do things on your own time without being punished by your boss or company for not showing up at work on time.
Explanation:
On April 1, a patent with an estimated useful economic life of 12 years was acquired for $1,500,000. In addition, on December 31, it was estimated that goodwill of $6,000,000 was impaired. a. Record the acquisition of patent. Refer to the Chart of Accounts for exact wording of account titles. b. Journalize the adjusting entry on December 31 for the amortization of the patent rights. Refer to the Chart of Accounts for exact wording of account titles. c. Journalize the adjusting entry on December 31 for the impaired goodwill. Refer to the Chart of Accounts for exact wording of account titles.
Answers
April 1st
DR Patent $1,500,000
CR Cash $1,500,000
December 31st
DR Amortization Expense $93,750
CR Patent $93,750
December 31st
DR Impairment Expense $6,000,000
CR Goodwill $6,000,000
What is journal entry?Journal entry is the method of recording daily transactions of a company, the company records the transactions in the form of journal entries than these are accumulated to prepare income statement and balance sheet.
The journal entry to be made on 1st April is patent will be debited and cash will be credited as a patent was purchased. The next entry will be made on 31st December which is for the recording of amortization expense debit amortization expense with $93,750 (($1,500,000 / 12 years) * 9 / 12) and patent will be credited with the same amount, the impairment entry will include impairment expense as debit and goodwill will be credited.
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the question and data are attached below. thank you for the help
Answers
It should be noted that to perform logistic regression analysis, we need to set a dependent variable, which is in this case whether the voter is undecided or not, and independent variables, such as age, gender, marital status, household size, income, years of education, and whether they attend church. The goal is to find the best-fit model that can predict the probability of a voter being undecided based on these variables.
How to explain the informationTo answer your first question, increases in the variables that are positively associated with being undecided, such as younger age, lower income, lower education, and not attending church, will increase the probability of a voter being undecided. On the other hand, variables that are negatively associated with being undecided, such as owning a home and being married, will decrease the probability of a voter being undecided.
To classify a voter as decided or undecided based on the logistic regression model, we need to input the values of the independent variables for that voter into the model equation and compute the predicted probability of being undecided. If the predicted probability is above the cutoff of 0.5, we classify the voter as undecided; otherwise, we classify the voter as decided. However, please note that the model's accuracy depends on the quality of the data and the model assumptions.
To evaluate the efficacy of the logistic regression model, we can use the validation set to compute various metrics, such as accuracy, sensitivity, specificity, precision, and F1 score. These metrics can give us an idea of how well the model performs in predicting the outcomes of new data.
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9. In cell B15, enter a formula that uses the IF function and tests whether the total sales for Q1 (cell B8) is greater than or equal to 1000000. If the condition is true, multiply the total sales for Q1 by 0.18 to calculate a commission of 18%. If the condition is false, multiply the total sales for Q1 by 0.10 to calculate a commission of 10%.
Answers
Based on the formula being an IF function that tests total sales for being greater than a certain figure, the formula is =IF(B8>=1000000,B8*0.18,B8*0.10).
Why is this the formula?If the amount in B8 is more than or equal to 100,000, the if function would be IF(B8>=1000000).
If the amount meets that criteria, then the IF function will multiply it by 18% and if the amount does not meet this criteria, the amount is multiplied by 10% after the third comma.
The complete formula would then be:
=IF(B8>=1000000,B8*0.18,B8*0.10)
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critcism of modern management theory
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Critics argue modern management theory is rigid, short-sighted, lacks inclusivity, and limits employee empowerment and engagement.
Modern management theory has received its fair share of criticism. One critique is its overemphasis on rigid hierarchical structures, which can stifle creativity and hinder employee autonomy. Another criticism is the focus on short-term financial gains, often at the expense of long-term sustainability and employee well-being. Critics argue that this approach neglects the importance of social and environmental factors in organizational success. Additionally, modern management theory is often criticized for its lack of inclusivity and failure to address issues of diversity and equity. Furthermore, some argue that the reliance on top-down decision-making and command-and-control structures limits employee engagement and empowerment. These criticisms highlight the need for a more flexible, holistic, and human-centered approach to management that takes into account the complex dynamics of organizations and their impact on individuals and society.For more such questions on Modern management theory:
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