Explanation:
1 ft = 12 in
so, from 1 inch to 12 inches (1 ft) we have the scale factor 12.
from 1 ft to 2 ft we have an additional factor 2.
so, in total we have the scaling factor 2×12 = 24.
6 in × 5 in on the blueprint is then
6×24 × 5×24 = 144 in × 120 in = 12 ft × 10 ft
in reality.
Some of the forklifts we use in the distribution centers will have to be replaced in the second quarter of the 2023 financial year, and we have to start thinking about it soon! We always purchased the forklifts outright from available cash resources or funded them by borrowing the required funding from the bank. We have recently learnt that many companies choose to lease their forklifts. These forklifts normally last a good ten years if we take good care of them. Prepare some relevant information that needs to be considered in a decision to lease or purchase?
Report on the following:
● Different options in the market
● Accounting treatment of the options
● Tax implications of the options
● Cost differentials and
● Cash flow implications
What would the correct decision be for the company.
Different options in the market:
The distribution center has two options when it comes to replacing its forklifts – leasing or purchasing. With leasing, the center would use the forklifts for a specified period, usually a few years, and then return them to the leasing company. On the other hand, purchasing the forklifts will give the center permanent ownership of the forklifts.
Accounting treatment of the options:
Leasing forklifts is treated as an operating expense that is reflected in the income statement. The lease payments are recorded as expenses over the life of the lease. However, purchased forklifts are treated as a fixed asset that is depreciated over their useful life. The depreciation expense is recognized over several accounting periods on the income statement.
Tax implications of the options:
Leasing forklifts can provide significant tax savings for the business as the lease payments are fully tax-deductible expenses in the financial year they are made. In contrast, depreciation and interest expense for purchased forklifts are deductible over several years, so tax deductions are delayed.
Cost differentials and cash flow implications:
Leasing forklifts would result in lower upfront costs and lower monthly payments compared to purchasing, but the total cost of leasing is typically higher over the long term. In contrast, purchasing requires a substantial upfront payment or a loan, but the total cost is lower over the long term. Cash flow implications of purchasing include funding the entire upfront cost of the forklifts and paying for any maintenance and repairs needed over the lifetime of the forklifts, while cash flow implications of leasing include lower upfront costs but higher monthly payments, which will reduce available cash flow in the short term.
What would the correct decision be for the company:
The company should decide based on its financial situation, long-term business planning, and cash flow requirements. If the company has a limited budget, a short-term need for the forklifts, or requires the latest models frequently, leasing may be a better option. But if the company values ownership, anticipates long-term use or higher utilization, and has the cash resources or access to financing, purchasing may be the more cost-effective option. The decision should consider the financial implications, tax considerations, and cash flow requirements of either option.
Which lists the amount of education required for the Transportation and Logistics careers from least to greatest?
A. Brownfield Redevelopment Specialists, Ship Loaders, Aviation Inspectors
B. Transportation Planners, Diesel Engine Specialists, Freight Forwarders
C. Bicycle Repairers, Airline Pilots, Tank Loaders
D. Taxi Drivers, Aircraft Mechanics,Traffic Technicians
Answer:
It's D)
Explanation:
Taxi Drivers have bare minimum degrees, Aircraft Mechanics have associates or Bachelors, and Traffic Technicians have Bachelors or higher degrees.
Hope this helped! :D
The list that state "Taxi Drivers, Aircraft Mechanics, Traffic Technicians" is one that lists the amount of education required from least to greatest.
What do Taxi Drivers is required to have?Most driver must have bare minimum degrees, the Aircraft Mechanics must have associates or Bachelors and Traffic Technicians must have Bachelors or higher degrees.
Therefore, the Option D is correct.
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"Total revenue equals the price multiplied by the quantity. The relative change price and quantity is given by the concept of ________________."
Answer:
Elasticity
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded.
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
I hope my answer helps you
Answer the following questions on the basis of the monopolist's situation is illustrated in the following graph.
a. At what output rate and price does the monopolist operate?
b. In the equilibrium, approximately what is the firm's total cost and total revenue?
c. What is the firm's economic profit or loss in equilibrium?
The following answers are based on a monopoly economy.
The output rate and the price at which the monopolist operates based on the graph is 100 quantities at $10.In the market equilibrium, the firm's total cost and total revenues are $750 and $1000 respectively. The firm's economic profit in the equilibrium is $250.What is a monopoly?A monopoly, as defined by Irving Fisher, is a market with "no competition," resulting in a scenario in which a certain individual or organization is the exclusive supplier of a given product.
To arrive at answer a, we need to recall that the equilibrium of a monopolist is when the Marginal Cost equals the Marginal Revenue and the Marginal Cost Curve (MC) cuts the Marginal Revenue Curve (MR ) from below.
At this point, the equilibrium output is 100, and the equilibrium price is $ 10 for every unit of production.
For the answer is b, given that the firm is producing 100 units of goods at an average total cost of $7.5 (derived from the point that aligns with MR = MC), therefore,
Total Cost = Equilibrium Output * ATC (Average Total Cost)
= 7.5 * 100
= $750
To arrive at answer c,
Recall that Economic profit is the difference between the money collected from the sale of a product and the expenses of all inputs utilized, as well as any opportunity costs, is the economic profit or loss.
Hence, Economic Profit = Total Revenue (TR) Less Total Cost (TC)
= $1000 - $ 750
= $250
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At the end of this clip, Neville has defined the degree to which the information he shared has ________ when he says that he is not ready for everyone else to know the information.
Answer: Boundary permeability
Explanation:
Boundary Permeability is a term in psychology ( as well as other fields such as business and technology) that is meant to describe the amount and limits of information that a person is willing to share with others.
By saying that he is not ready for everyone else to know the information he told the people, he is stating the amount of information he is willing to share with others which means the information has boundary permeability.
Identify one supply or demand shifting factor that the community could have some control over or do something about
One supply or demand shifting factor that the community could have some control over is consumer preferences and behaviors.
1. Consumer Education: The community can actively engage in educating consumers about the benefits of certain products or services. By providing information on the positive impacts of choosing certain goods or services, consumers may shift their preferences towards those options, influencing the demand.
2. Marketing and Advertising: Local businesses and organizations can collaborate to promote goods and services that align with the values and preferences of the community. Effective marketing strategies can influence consumer demand and encourage them to choose specific products, thereby shifting the demand curve.
3. Support for Local Producers: Community members can actively support local producers and businesses by purchasing their goods and services. By creating a demand for locally sourced products, the community can influence supply chain dynamics and encourage businesses to cater to their preferences.
4. Sustainable Practices: Promoting sustainable practices within the community can also have an impact on supply and demand. By advocating for eco-friendly products and services, such as renewable energy or ethically sourced goods, the community can create a shift in consumer demand, influencing businesses to adjust their supply accordingly.
5. Collaboration with Local Authorities: The community can collaborate with local authorities to enact policies that align with their preferences. For example, advocating for stricter environmental regulations or supporting initiatives that promote fair trade can influence both supply and demand factors.
By actively engaging in these steps, the community can exert some control over consumer preferences and behaviors, thereby shifting the supply and demand dynamics in their favor.
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What are two issues you should look for while previewing a form letter?
spacing problems and paper quality problems
instances in which multiple sources are used and spacing problems
spacing problems and errors in recipient information
paper quality problems and errors in recipient information
its C
Answer:
spacing problems and paper quality problems
Beverly Mills has decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area, but that dealer has several leasing options to accom-modate a variety of driving patterns. All the leases are for 3 years and require no money at the time of signing the lease. The first option has a monthly cost of $330, a total mileage allowance of 36,000 miles (an average of 12,000 miles per year), and a cost of $0.35 per mile for any miles over 36,000. The following table summarizes each of the three lease
options:
(See photos below)
Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.
Beverly Mills decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area, but that dealer has several leasing options to accommodate a variety of driving patterns.All the leases are for 3 years and require no money at the time of signing the lease.
The three lease options available to Beverly Mills are as follows:
Option 1:Monthly cost: $330Total mileage allowance: 36,000 miles (an average of 12,000 miles per year)Cost for any miles over 36,000: $0.35 per mile
Option 2:Monthly cost: $460Total mileage allowance: 45,000 miles (an average of 15,000 miles per year)Cost for any miles over 45,000: $0.45 per mile
Option 3:Monthly cost: $540Total mileage allowance: 60,000 miles (an average of 20,000 miles per year)Cost for any miles over 60,000: $0.55 per mile
Therefore, Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.
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Action research is an effective strategy to address teams who may not be functioning well. What might this
involve?
Select an answer:
Leadership meets to select model sites, collect information on successful learning plans, and write and implement a
plan from these model sites.
A consultant meets with managers to determine the main areas of concern, then jointly develops and reviews
improvement plans over time.
A management team consisting of the leaders of each key organizational group meets to develop and implement a
detailed learning plan for each group.
All employees within the organization are formed into new groups, each meet to develop a learning plan for a different
topic.
↓
Action research is an effective strategy to address teams who may not be functioning well because it involves a collaborative, reflective, and problem-solving approach that aims to improve team performance and dynamics. In this process, a consultant typically meets with managers to determine the main areas of concern, and then jointly develops and reviews improvement plans over time (Option B).
During the action research process, the consultant and managers work together to identify specific issues affecting the team's performance, such as communication barriers, lack of clear roles and responsibilities, or interpersonal conflicts. Based on these identified areas, they develop an action plan with specific goals and strategies to address the issues.
The action plan might include strategies such as training sessions, team-building activities, or the implementation of new processes to improve communication and collaboration within the team. Throughout the implementation of the action plan, the consultant and managers continually assess the progress and effectiveness of the strategies, making adjustments as needed to ensure that the desired outcomes are achieved.
In summary, action research is an effective strategy for addressing poorly functioning teams as it involves a collaborative, reflective, and problem-solving approach to improve team performance. The process typically involves a consultant working with managers to identify areas of concern, develop an action plan, and review and adjust the plan over time to achieve the desired outcomes. So, the correct option is B.
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Tabor Ceramics makes ceramic vases for a chain of department stores. The output and cost figures over the past four weeks are shown here. Labor costs Br10 an hour, and materials are Br 4. Calculate the (a) labor productivity (in hrs), (b) material productivity, and (c) multifactor productivity for each week. Comment on the results. Week 1 2 3 4 Units of output 2000 4000 5000 7000 Number of workers 4 4 5 6 Hours per week per worker 40 48 56 70 Material cost 286 570 720 1000
a) labor productivity (in hrs) is 1166.67
b) material productivity is 7
c) multifactor productivity is 11.67
What is productivity?
Productivity is a measure of the efficiency with which commodities or services are produced. Productivity is commonly defined as the ratio of an aggregate output to a single or aggregate input used in a manufacturing process, i.e. output per unit of input, usually over a given time period.
a) labor productivity (in hrs) = 2000/4
= 500 4000/4
= 1000 5000/5
= 1000 7000/6
= 1166.67
b) material productivity = 2000/286
= 6.99 4000/570
= 6.98 5000/720
= 6.94 7000/1000
= 7
c) multifactor productivity = (2000*1000)/(4*286)
= 17.37 (4000*1000)/(4*570)
= 17.54 (5000*1000)/(5*720)
= 17.51 (7000*1000)/(6*1000)
= 11.67
The labor productivity and material productivity are relatively stable over the four weeks, while multifactor productivity decreases from Week 1 to Week 4.
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Stoney Brooke, Inc., has sales of $1,090,000 and cost of goods sold of $810,300. The firm had a beginning inventory of $48,000 and an ending inventory of $63,000. What is the length of the inventory period
Answer:
28.38 days
Explanation:
The length of the inventory period is an asset management ratio that measures the time it takes to sell the Inventory.
This is calculated as follows :
length of the inventory period = Inventory ÷ (Cost of Goods Sold/ 365)
The inventory can be average of the beginning and end balance or we can take the ending balance. In this instance i will use the ending inventory balance.
Therefore,
length of the inventory period = $63,000 ÷ ($810,300 / 365)
= 28.38 days
Suppose a monopolist produces in a market with two distinct segments: market 1, which is denoted as M1 on the graph, and market 2, denoted as M2. The firm's marginal and average costs are $20.
A monopolist is an individual, gathering, or organization that controls each of the business sectors for a specific decent or administration. The profit in market 1 is $1,600, The profit in market 2 is $450 and Demand is more elastic in market 2
(A) Profit = Total revenue - total cost = P*Q - MC*Q = (P-MC)*Q
Profit in market 1
P1 = $60, Q1 = 40, and MC = $20
So, Profit in market 1 = (60-20)*40 = 40*40 = $1,600
(B) Profit in market 2
P2 = $35, Q2 = 30, and MC = $20
So, Profit in market 2 = (35-20)*30 = 15*30 = $450
(C) Demand is more elastic in market 2 as a monopolist charges a lower price in the more elastic market so as P2 < P1 then market 2 is more elastic.
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This question is not complete, Here I am attaching the complete question: also, attaching the diagram
Suppose a monopolist produces in a market with two distinct segments: market 1, which is denoted as M1 on the graph, and market 2, denoted as M2. The firm's marginal and average costs are $20.
(A) What is the profit of market 1?
(B) What is the profit of market 2?
(C) In which market is demand more elastic?
HELP! THE WORK IS ATTACHED! 100 points!
Answer:
Hope this helps!:
Part A: Amazon is an online retailer that sells a wide range of products including electronics, home goods, apparel, and books.
Part B: To purchase a product from Amazon, customers need a sense of safety and security, which is a basic need in Maslow's hierarchy.
Part C: A salesperson can help a customer come back by providing excellent customer service, answering questions, and making sure they have a positive experience.
Part D: The best method for selling Amazon products is online, through their website.
Part E: To get customers to purchase Amazon products, the company can use a variety of methods, such as email campaigns, social media, targeted ads, and content marketing.
Part F: The price of a product should be determined by the demand for the product, the cost of production, and the profit margin the company wishes to make.
Part G: To set the price of a product, Amazon can use promotional pricing, psychological pricing, and customer segmentation strategies. Promotional pricing is when a company offers discounts or special offers to attract customers. Psychological pricing is when a company uses certain numbers or prices to make a product appear more attractive. Finally, customer segmentation is when a company divides customers into different groups based on their behaviors, needs and preferences, and then offers different prices to each group.
Explanation:
Goods delivered to an organization must be at the rights and this is of importance to supply chain activities. In the light of this explain the following concepts and link it to a particular right in Procurement. i.EOQ ii.JIT III.EDT iv.KPI V.TQM
High Medium Low Buy $90 $40 $0 Rent $70 $100 $40 Lease $50 $30 $50 The Laplace strategy would be:
Answer:
a. $70
Explanation:
Note: The organized question and table is attached below as picture
In Laplace strategy also known as equally likely criterion, average payoff for each of the given alternatives is determined first. Then, the alternative with the highest average payoff or minimum cost is selected.
From the given information, average payoff for each alternative is determined below,
Buy = ($90 + $40 + $0) / 3 = $130 / 3 = $43.33
Rent = ($70 + $100 + $40) / 3 = $210 / 3 = $70 (highest)
Lease = ($50 + $30 + $50) / 3 = $130 / 3 = $43.33
The highest average payoff is for the Rent alternative. Therefore, Rent alternative should be selected under the Laplace strategy with a profit of $70.
Exercise 4-32 (Algo) Application of Overhead [LO 4-4, 4-5]
Alles Company uses a job costing system that applies factory overhead on the basis of direct labor dollars. No job was in process on February 1. During the
month of February, the company worked on these three jobs:
Job Number
B10 C44 G15
Direct labor ($8/hour) $ 52,000 ? $ 19,000
Direct materials 60,000 79,000 ?
Overhead applied ? 43,250 13,300
During the month, the company completed and transferred Job B10 to the Finished Goods Inventory. Jobs C44 and G15 were not completed and remain in Workin-Process at the cost of $328,650 at the end of the month. Actual factory overhead costs during the month totaled $65,500.
Required:
1. What is the predetermined factory overhead rate?
2. Compute the amount of underapplied or overapplied overhead for February.
Required 1 Required 2
Complete this question by entering your answers in the tabs below.
Compute the amount of underapplied or overapplied overhead for February. (Do not round intermediate calculations.)
1. The predetermined factory overhead rate is $0.70 per direct labor cost.
2. The amount of the overapplied overhead is $27,450.
What is the predetermined overhead rate?The predetermined overhead rate is the amount of the total overhead costs attributable to a unit product or service.
The predetermined overhead rate is the product of the estimated total overhead costs for the period divided by the total cost basis.
Data and Calculations:Job Number
B10 C44 G15
Direct labor ($8/hour) $ 52,000 ? $ 19,000
Direct materials 60,000 79,000 ?
Overhead applied ? 43,250 13,300
B10 C44 G15
Direct labor ($8/hour) $ 52,000 61,785 $ 19,000
Direct materials 60,000 79,000 112,315
Overhead applied 36,400 43,250 13,300
$148,400 $184,035 $144,615
Workings:1) C44 Direct labor costs = Overhead applied/Predetermined overhead rate
= $61,785 ($43,250/$0.70)
2) B10 Overhead Applied = $36,400 ($52,000 x $0.70)
3) G15 Direct Materials Cost = $112,315 ($328,650 - $184,035 - $19,000 - $13,300)
4) Predetermined overhead rate = $0.70 ($13,300/$19,000)
Overhead Costs:Total overhead applied = $92,950
Actual overhead costs = $65,500
Overapplied overhead = $27,450 ($92,950 - $65,500)
Thus, the predetermined overhead rate is $0.70 per direct labor cost.
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Magnificent Blooms is a florist specializing in floral arrangements for weddings, bo graduations, and other events. Magnificent Blooms has a fixed cost associated with space and equipment of $100 per day. Each worker is paid $50 per day. The daily production § function for Magnificent Blooms is shown in the accompanying table. © Macmil Submit All Quantity of labor (workers) 0 1 2 3 4 5 a. Calculate the marginal product of each worker. Quantity of floral arrangements 0 5 9 12 14 15 Marginal product Quantity of labor (workers) 1 2
The marginal product of each worker for Magnificent Blooms is as follows: Worker 0: N/A: Worker 1: 5: Worker 2: 4: Worker 3: 3: Worker 4: 2: Worker 5: 1
To calculate the marginal product of each worker for Magnificent Blooms, we need to determine the change in the quantity of floral arrangements resulting from each additional worker.
Here's how to calculate the marginal product for each worker:
Worker 0: Since there are no workers (0 workers), the quantity of floral arrangements is 0. Therefore, the marginal product for worker 0 cannot be calculated.
Worker 1: The quantity of floral arrangements with 1 worker is 5. To calculate the marginal product for worker 1, we subtract the quantity of floral arrangements with 0 workers from the quantity with 1 worker: 5 - 0 = 5.
Worker 2: The quantity of floral arrangements with 2 workers is 9. To calculate the marginal product for worker 2, we subtract the quantity of floral arrangements with 1 worker from the quantity with 2 workers: 9 - 5 = 4.
Worker 3: The quantity of floral arrangements with 3 workers is 12. To calculate the marginal product for worker 3, we subtract the quantity of floral arrangements with 2 workers from the quantity with 3 workers: 12 - 9 = 3.
Worker 4: The quantity of floral arrangements with 4 workers is 14. To calculate the marginal product for worker 4, we subtract the quantity of floral arrangements with 3 workers from the quantity with 4 workers: 14 - 12 = 2.
Worker 5: The quantity of floral arrangements with 5 workers is 15. To calculate the marginal product for worker 5, we subtract the quantity of floral arrangements with 4 workers from the quantity with 5 workers: 15 - 14 = 1.
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What accounting book is used to capture changes to the trial balance
The accounting book used to capture changes to the trial balance is the general Journal.
The general journal is a chronological record of all financial transactions that affect account balances, including adjustments and corrections. It is where entries are first recorded before being posted to the appropriate accounts in the general ledger.
Journal entry refers to the process of entering business transactions in a journal called a Journal, which is then used to prepare the company's financial statements. The journal data will be extracted in order to create a ledger report.
The general journal assists in maintaining an accurate and full record of all modifications made to the trial balance, assuring the accounting system's integrity.
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Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
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There are two FICA taxes withheld from your paycheck: Social Security (6.2%) and Medicare (1.45%). Your gross pay for this month is $1,200. What is total amount of FICA taxes withheld
Enter amount $.
Answer:
91.80
Explanation:
Add your 2 percentages 2gether, then take that percentage, move your decimal back 2 places, & multiply the total monthly gross... then move your decimal
Step 2: Writing Report
Explain the value of using data analysis.
Explain the risks of not using data visualization.
The report should explain the data that you have analyzed throughout the course.
Step 3: Lessons Learned
Identify some key points that you found about data analytics in this course and add a slide for lessons learned at the end of your presentation on what you learned this session.
The value that can be gotten from Data analytics is that it can aid companies to have broad knowledge of market segments, and can help to increase their market share as well as revenue growth.
The risks of not using data visualization is that the company may not be be able to to maintain the audience's interest with information.
What is the importance of Data analytics?For example, data analytics can help businesses find underdeveloped market areas, anticipate client wants, and improve their product offers. Businesses that use data analytics to acquire a competitive edge can grow their market share, accelerate revenue growth, and strengthen their brand.
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Which of the following is likely to increase the value of a country's currency?
Higher interest rates in a country can increase the value of that country's currency relative to nations offering lower interest rates. Political and economic stability and the demand for a country's goods and services are also prime factors in currency valuation.
If cotton is used to produce towels, an increase in the price of cotton will result in which of the following changes in the towel market?
(A) A decrease in the demand for towels, which leads to a shortage of towels followed by an upward pressure on the price of towels
(B) A decrease in the demand for towels, which leads to a surplus of towels followed by a downward pressure on the price of towels
(C) a decrease in the supply of towels, which leads to a shortage of towels followed by upward pressure on the price of towels
(D) an increase in the supply of towels, which leads to a surplus of towels followed by downward pressure on the price of towels
(E) an increase in both the demand and supply of towels, which leads to a surplus of towels followed by upward pressure on the price of towels
The correct answer is (C) a decrease in the supply of towels, which leads to a shortage of towels followed by upward pressure on the price of towels.
What kind of fabric are towels?
The majority of towels are made of cotton, although they have also been fashioned from silk, synthetic materials, nettle, and wood. Cotton is a common fallback because, after processing, it is hydrophilic.
A reduction in towel supply causes a scarcity of towels and subsequent pressure on prices.
Therefore, Towels that are the nicest, smoothest, and most absorbent are made from premium Turkish and Egyptian cotton.
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The right response is (C) a reduction in towel supply that causes a shortage in towels and subsequent pricing pressure.
How does pressure work?Pressure is the term for the pressure exerted on the an unit of area of a surface. It operates opposite to the surface being applied pressure on. • Pressure is a force and the space it affects.
Describe a force?An object is going to be at rest or in motion as a result of forces. Think of a football lying still on the ground as an illustration. You must exert some force on the ball in order to move it in any direction
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Raul is a saver. He sets aside $200 per month during his career of 40 years to prepare for a comfortable retirement. He does not like the idea of investing so he puts his money in a savings account which earns 2% interest per year. What is the balance of his retirement account after 40 years?
Answer:
$211,971.
Explanation:
he will have earned in $115,971 in interest.
When you have a solid retirement balance, If you make $50,000 at 30 years old, you should have $50,000 set aside for retirement. You should have three times your annual pay by the age of 40.
The balance of Rahul's retirement account after 40 years is 146,887.12
Step-by-step explanation\(\text{Balance of his retirement account after 40 years} \\\\\= \text{Monthly Saving} \text { x } \frac{((1+r)^n-1)}{r}\)
\(r = \frac{0.02}{12}\\\n = 40 \text{ x }12 \\\\= 480\)
\(\text{Rahuls's Balance of retirement account}\\\\ = 200\text { x } \frac{{(1+0.02/12)^{480-1}}/{\frac{0.02}{12}}}\)
\(\text{Balance of his retirement account after 40 years = 146,887.12}\)
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Sarah is working on a paper, but the paragraph she is typing doesn't make sense. She needs to delete all of her work and start over. The quickest way to remove the text is to _____.
a.
select all of the text to be deleted and hit Backspace key
b.
hit the Backspace key repeatedly until all of the text is gone
c.
delete the document and begin a new one
d.
hit the Delete key repeatedly until all of the text is gone
Answer:
a
It's the fastest way
Answer:
Option A.
That is the easiest and quickest way to delete the whole text
What is a class action suit?
OA. When a lawsuit is dismissed by a judge because the court does
not have proper jurisdiction
B. When a lawsuit involves not only one punishment, but an entire list
of consequences
C. When a group of consumers that suffer similar damages bring a
case against a business together
D. When an individual brings a lawsuit against all businesses in an
industry together
it’s c
A class action suit is a case, brought up by a group of consumers that suffer similar damages, against a business together. Hence, the correct answer will be an option(c).
Consumers, suffering a similar loss caused by a business, come forward and file a lawsuit together against the same business. This type of lawsuit is known as a class action suit. It is also known as Representative action. If the group wins the lawsuit, it will be compensated for the damages caused but if they lose the lawsuit, it will not receive any type of financial compensation.
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Identify cash equivalents from the listed items.
a. Money market funds
b. Supplies
c. Three-month Treasury bills
d. Accounts receivable
e. Prepaid rent
Answer:
Money market funds , Three-month treasury bills
Explanation:
Cash equivalents are the liquid current assets that are easily convertible into a known cash amount. Examples of cash equivalents are commercial paper, treasury bills, marketable securities, and money market holdings.
Stocks, bonds, and derivatives, are excluded from the category of cash equivalents.
Money market funds , Three-month treasury bills are considered as cash equivalents.
In which scenario is an individual's behavior least likely to change?
a. The city of Saskatoon chooses to give its residents a penny for each soda can they recycle in an effort to promote environmental awareness.
b. In an effort to make people eat healthier, the city of Bakersville tells its residents to eat wheat bread instead of white bread.
c. A basketball team manages to sign a trio of famous basketball stars who then clamor for other players to come join their team to win a guaranteed championship.
d. The country of Ravamolk enacts a policy to fine companies 20% of their earnings if the safety standards in their factories do not reach acceptable work conditions.
An individual's behavior is least likely to change when merely informed of a healthier option, like in Scenario B, as there is no incentive or consequential action attached.
Explanation:In the given scenarios, an individual's behavior is least likely to change in Scenario B where the city of Bakersville tells its residents to eat wheat bread instead of white bread. This scenario only involves information provision with no rewarding or punitive actions attached to induce behavior change, as compared to the rest of the scenarios. Behavioral change usually occurs when there are incentives or penalties associated with the action. For instance, in Scenarios A & D, Saskatoon and Ravamolk are using a reward technique and penalties respectively, as a trigger for behavioral change. Scenario C is using the appeal of fame and success to encourage change. But talking about bread choice without any consequential actions does not guarantee a behavior change.
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Depreciation by Two Methods
A storage tank acquired at the beginning of the fiscal year at a cost of $80,000 has an estimated residual value of $4,800 and an estimated useful life of four years.
a. Determine the amount of annual depreciation by the straight-line method.
$fill in the blank 1
b. Determine the amount of depreciation for the first and second years computed by the double-declining-balance method. Do not round the double-declining balance rate. If required, round your answers to the nearest dollar.
Depreciation
Year 1 $fill in the blank 2
Year 2 $fill in the blank 3
The amount of annual depreciation by the straight-line method is $18,800.
Annual depreciationa. Annual depreciation
Annual depreciation=[($80,000 - $4,800) ÷ 4]
Annual depreciation=$18,800
b. Annual depreciation
Year 1 Annual depreciation= 10% × $80,000
Year 1 Annual depreciation = $8,000
Year 2 Annual depreciation= 10% × ($75,000 - $7,500)
Year 2 Annual depreciation = $7,520
Therefore the amount of annual depreciation by the straight-line method is $18,800.
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By 1920, advertising was generating
$300,000 in revenue
$3 billion in ad revenue
$13 million in ad sales
None of the above
Answer:
By 1920, advertising was generating $3 billion in ad revenue.
Explanation:
Answer:
c
Explanation: