What is the cost to prepare a machine or process for production? a. preparation cost b. holding cost c. setup cost d. ordering cost
Answers
The cost to prepare a machine or process for production is referred to as setup cost. The correct option is c.
The cost to prepare a machine or process for production is commonly known as the setup cost. Setup cost encompasses the expenses incurred to get a machine or process ready for manufacturing a specific product or product batch. It includes activities such as equipment adjustment, reconfiguration, calibration, tooling setup, and any necessary testing or validation.
Setup costs are primarily associated with the time, labor, and resources required to changeover or reconfigure a production line or machine to accommodate a different product or production run. These costs can vary significantly depending on the complexity of the process, the type of machinery involved, and the level of automation.
Reducing setup costs is a key objective in lean manufacturing and production optimization. By minimizing the time and resources required for setup, companies can increase production flexibility, reduce downtime, and enhance overall operational efficiency. Techniques such as SMED (Single Minute Exchange of Die) focus on streamlining setup processes to achieve quicker changeovers and lower costs.
Other related costs in the production process include holding costs, ordering costs, and preparation costs. Holding costs refer to the expenses associated with storing inventory, such as warehousing, inventory management, insurance, and depreciation. Ordering costs are the expenses incurred when placing orders for raw materials or components, including purchase order processing, transportation, and supplier management. Preparation costs can be a general term encompassing various costs associated with preparing a production process, including setup costs.
In summary, the cost to prepare a machine or process for production is commonly referred to as setup cost. It involves the expenses associated with configuring, adjusting, and testing machinery or processes to accommodate specific production requirements. Minimizing setup costs is essential for improving production efficiency and agility. Therefore the correct option is c.
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Related Questions
How's everyone's day? explain please
Answers
Answer:
You're asking how the people in a particular place or environment you are in on how their life was that day whether it was fun exciting sad or gloomy etc.
Answer:
I'm doing fin-e, just s-ad because I ca-n't get the New Toon Meo-wscles sk-in from fort-nite because my P-s4 br-oke and Now I ca-n't get the bundle which is at a good price. I wish I could get it.
Explanation:
for the following transaction, answer the questions that follow in accordance with the rules of journalizing and the double-entry accounting system: transaction: walker company received $6,400 payment from a customer on account.
Answers
Following Adjustments are being shown below.
Which two accounts are affected ?
Prepaid insuranceWhat kind of accounts are they?
Current assetDo the account balances increase or decrease?
IncreaseDo we debit or credit the accounts?
DebitSince insurance is paid in advance for the upcoming six months, the account that will be debited will be a prepaid insurance account.
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Sam Tuckerton sells for Fair Designs, Inc. He is on a 4. 5% straight commission with a $1,800 drawing account. If he is paid the draw at the beginning of the month and then sells $125,000 during the month, how much commission is owed to Sam?
Answers
$5,625 will be the commission owed to Sam at on a 4. 5% straight commission with a $1,800 drawing account.
Sam's commission is calculated based on his sales for the month. Since he is on a straight commission of 4.5%, his commission can be calculated by multiplying his sales by 4.5%.
First, let's calculate Sam's draw:
$1,800
Next, let's calculate his total commissionable sales for the month:
$125,000
Now, let's calculate his commission on his sales:
Commission = Commission rate x Sales
Commission = 0.045 x $125,000
Commission = $5,625
An account is a record of financial transactions between parties. It can be used to track assets, liabilities, income, expenses, and equity. Accounts can be kept manually or using accounting software. Properly maintained accounts are important for accurate financial reporting, tax compliance, and making informed business decisions.
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When governments allow one highly regulated business to control an
essential service, such as water treatment, they create:
A. a public oligopoly.
B. a natural monopoly.
C. restricted competition.
D. monopolistic competition.
Answers
The type of Monopoly that occurred when a regulated business is been given control on essential service is B: natural monopoly.
A natural monopoly can be regarded as a kind of monopoly that occurr, as a result of a single firm serving market at lower cost that is even lower than that of combination of two or more firms.It do occur when government give that control to a firm on essential service such as water treatment.
Therefore, option B is correct.
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Answer:
B. a natural monopoly.
Explanation:
Gifford Company experienced the following accounting events during Year 1: 1. Started operations on January 1 when it acquired $20,000 cash by issuing common stock. 2. Earned $18,000 of revenue on account. 3. On March 1 collected $36,000 cash as an advance for services to be performed in the future 4. Paid cash operating expenses of $17,000. 5. Paid a $2,700 cash dividend to stockholders. 6. On December 31, Year 1, adjusted the books to recognize the revenue earned by providing services related to the advance described in Event 3. The contract required Gifford to provide services for a one-year period starting March 1. 7. Collected $15,000 cash from accounts receivable.
Answers
On December 31st, Year 1, the accounting books were adjusted to account for the revenue from services connected to the advance payment received in Event 3. The company received $15,000 in accounts receivable from its customers. In total, $51,000 in cash was obtained ($20,000 initially, plus $36,000 advance payment, minus $17,000 expenses, and minus $2,700 dividends), and $33,000 in revenue was earned ($18,000 on account and $15,000 in accounts receivable).
Gifford Company started its operations on January 1st, Year 1, when it obtained $20,000 cash by issuing common stock. It earned $18,000 of revenue on account and received a $36,000 advance payment for services to be delivered in the future on March 1st, Year 1. Cash operating expenses of $17,000 were paid. Dividends of $2,700 in cash were paid to stockholders. The accounting books were adjusted on December 31st, Year 1, to reflect revenue received by offering services related to the progress payment given in Event 3.
According to the contract, Gifford had to provide services for one year starting March 1. Accounts receivable worth $15,000 were collected. Explanation:After the company's acquisition of $20,000 cash on January 1st, Year 1, by issuing common stock, Gifford began operations. On account, the company received $18,000 in revenue. This means that it earned $18,000 from products or services delivered, but it has yet to obtain the corresponding cash from its clients. On March 1st, Year 1, a customer paid a $36,000 advance payment for services to be given later in the future.
This money is not revenue because the services have not yet been offered by Gifford.On the other hand, operating expenses of $17,000 were paid in cash. The company had to give $2,700 in cash dividends to shareholders. Finally, on December 31st, Year 1, the accounting books were adjusted to account for the revenue from services connected to the advance payment received in Event 3. The company received $15,000 in accounts receivable from its customers. In total, $51,000 in cash was obtained ($20,000 initially, plus $36,000 advance payment, minus $17,000 expenses, and minus $2,700 dividends), and $33,000 in revenue was earned ($18,000 on account and $15,000 in accounts receivable).
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Two firms are developing a product for a market of fixed size. The longer the firm spends on the development, the better the product is. But the firm releasing the product first has an advantage: a customer may not switch to a better product once got used to a worse one. We model the situation in the following way. A firm that releases first at time t gets h(t) share of the market, leaving the remainder to the competitor. We assume that h(t) is an increasing function of t with h(0) = 0 and h(T) = 1. If the firms release simultaneously, each gets half of the market. Represent this situation as a strategic game and find its Nash equilibria.
Answers
The Nash equilibrium of the strategic game is for both firms to release simultaneously at the start of the time period, with each firm obtaining a market share of 0.5.
To represent the situation as a strategic game, we can define the following:
Players: Two firms, Firm 1 and Firm 2.
Actions: Each firm chooses a release time, t, within a given time period.
Payoffs: The market share each firm obtains based on their release time.
Assumptions:
The longer a firm spends on development, the better the product and the higher the market share it obtains.
The firm that releases first has an advantage, as customers may not switch to a better product once they are used to a worse one.
The market size is fixed.
Now, let's define the payoffs for each firm:
Firm 1's Payoff:
If Firm 1 releases at time t and Firm 2 releases simultaneously or later, Firm 1's market share is h(t), and Firm 2's market share is 1 - h(t).
Firm 2's Payoff:
If Firm 2 releases at time t and Firm 1 releases simultaneously or later, Firm 2's market share is h(t), and Firm 1's market share is 1 - h(t).
If both firms release simultaneously, they each get half of the market, so their market shares are 0.5.
To find the Nash equilibria of this strategic game, we need to identify the release times for each firm that maximize their payoffs given the actions of the other firm.
Since h(t) is an increasing function of t, each firm would prefer to release earlier to maximize its market share. However, if one firm releases earlier than the other, it gains an advantage, so there is an incentive for both firms to release as early as possible.
Therefore, the Nash equilibrium of this strategic game is for both firms to release simultaneously at the beginning of the time period, where they each receive a market share of 0.5. This is the only stable outcome where neither firm has an incentive to deviate from their chosen action.
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what independent sales branch is being replaced by a manufacturer sales branch
Answers
Explain the role of public relations in developing and maintaining a corporate image.
Answers
By overseeing communication and relationships between an organisation and its stakeholders, public relations plays a critical part in creating and sustaining a company image.
To influence the perception, reputation, and overall image of the business, strategic communication is used. To improve the public's view of the company, public relations experts take part in activities like media relations, crisis management, community involvement, and employee communications. Public relations contributes to the development of trust, credibility, and goodwill among stakeholders by clearly articulating the company's ideals, accomplishments, and social responsibility efforts. It helps build the company's brand, draw in clients, investors, and talent while minimising reputational hazards.
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Part of maintaining a personal brand is making sure that it is credible. What does this mean and how can you accomplish it? Give at least three example of how to do that.
Answers
Maintaining authenticity and honesty in all of your interactions with your followers and clients can help you build trust through your personal brand.
What does having a trustworthy personal brand entail?Personal credibility is primarily based on substance. Afterward, demonstrate to everyone in your vicinity what you can achieve and how you may help. It's about gaining confidence so you can perform more of the work you want to. Your social media posts may receive likes if your personal brand is powerful.
What factors determine a successful personal brand?Your personal brand should convey your distinctive qualities, showcase your skills, inspire confidence, and generate a reputation in the field you are in now or want to enter. A person's story is their personal brand.
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In order for a company to market the same product or service to different markets, what step is critical for the company to take?.
Answers
There are a lot of firms today. For them to do the above, the company should try and generate a lot of positioning strategies to target the different kinds of audiences.
How is a positioning strategy statement used?The positioning strategy/statement is one that is often used to inform a company's of its marketing mix. A lot of Marketers often uses a positioning strategy so as to direct the marketing mix for a specific product, service, or brand.
When a marketer is said to target her product message at a particular target market, she does a lot of things with the general value proposition.
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Why were East Germans in a worse financial position than West Germans?
The East German communist command economy limited economic prosperity
Answers
East Germans were in a worse financial position than West Germans primarily due to the limitations imposed by the East German communist command economy, which hindered economic prosperity.
Under the communist regime in East Germany, the economy was centrally planned and controlled by the government. The command economy emphasized state ownership of the means of production, strict government regulations, and limited market mechanisms. This approach stifled entrepreneurship, innovation, and competition, leading to inefficiencies and a lack of economic growth.
The centralized planning system in East Germany allocated resources based on political objectives rather than market demand and efficiency. This resulted in misallocation of resources, poor productivity, and a lack of consumer goods and services. Additionally, the command economy hindered foreign trade and restricted access to global markets, limiting opportunities for economic development. In contrast, West Germany embraced a market-oriented economy, allowing for private enterprise, competition, and free trade. This fostered economic growth, innovation, and higher living standards in the western part of the country.
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1. IQ scores have a mean of 120 and a standard deviation of 16. Albert Einstein reportedly had an IQ of 170. • Convert Einstein's IQ score to a z score. • If we consider "usual IQ scores (95%) to be those that convert z scores between-2 and 2, is Einstein's I usual or unusual? How do you know?
Answers
1-Einstein's IQ score of 170 corresponds to a z-score of 3.125, 2- Einstein's IQ score of 170 is considered unusual based on the usual IQ scores.
1-To convert Einstein's IQ score to a z-score, we use the formula:
z = (x - μ) / σ
where x is the raw score, μ is the mean, and σ is the standard deviation.
Given that Einstein's IQ score is 170 and the mean IQ is 120 with a standard deviation of 16, we can calculate the z-score as follows
z = (170 - 120) / 16 = 3.125
This means that Einstein's IQ score is 3.125 standard deviations above the mean.
2-To determine if Einstein's IQ score is usual or unusual based on the 95% confidence interval (usual IQ scores), we check if the z-score falls within the range of -2 to 2. Since Einstein's z-score of 3.125 is outside this range, his IQ score would be considered unusual. This indicates that his IQ score is significantly higher than what is typically observed in the population, placing him in the upper tail of the IQ distribution.
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Consider a C corporation. The corporation earns $7 per share before taxes. After the corporation has paid its corresponding taxes, it will distribute 82% of its earnings to its shareholders as a dividend. The corporate tax rate is 37%, the tax rate on dividend income is 29%, and the personal income tax rate is set at 26%. How much is the total effective tax rate on the corporation earnings?
Answers
The total effective tax rate on the corporation's earnings is approximately 52%. To calculate the total effective tax rate on the corporation's earnings, we need to consider the corporate tax rate, the tax rate on dividend income, and the personal income tax rate.
First, let's calculate the tax on the corporation's earnings before taxes:
Corporate Tax = Earnings before taxes x Corporate Tax Rate
In this case, the earnings before taxes are $7 per share and the corporate tax rate is 37%:
Corporate Tax = $7 x 37% = $2.59 per share
Next, let's calculate the after-tax earnings:
After-tax Earnings = Earnings before taxes - Corporate Tax
After-tax Earnings = $7 - $2.59 = $4.41 per share
Now, let's calculate the dividend income received by the shareholders:
Dividend Income = After-tax Earnings x Dividend Payout Ratio
The dividend payout ratio is given as 82%:
Dividend Income = $4.41 x 82% = $3.61 per share
Now, let's calculate the tax on the dividend income:
Tax on Dividend Income = Dividend Income x Tax Rate on Dividend Income
The tax rate on dividend income is 29%:
Tax on Dividend Income = $3.61 x 29% = $1.05 per share
Finally, let's calculate the total effective tax rate on the corporation's earnings:
Total Effective Tax Rate = (Corporate Tax + Tax on Dividend Income) / Earnings before taxes
Total Effective Tax Rate = ($2.59 + $1.05) / $7 = $3.64 / $7 ≈ 0.52 or 52%
Therefore, the total effective tax rate on the corporation's earnings is approximately 52%.
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how can communication matrix be distorted?
Answers
Communication distortion occurs when the meaning of a message is lost during transmission, typically as a result of misunderstanding or misrepresentation. It can also happen if a message's proper or comprehensive information is inadequate.
What negatively affects the exchange of information?When one frequency component tries to modulate another frequency component—for example, when a high audio frequency attempts to modulate a low audio frequency—nonlinearities in the system cause intermodulation distortion. The three distortion kinds that can be heard the loudest in audio systems are amplitude, frequency, and intermodulation distortion.
How does the transfer of data prevent distortion?The Data Delay distortion issue can be solved by a certain technique that enables us to manually alter the frequency and speed of the medium network signal. We can use a variety of amplifiers or repeaters to the delay distortion issue, depending on the needs of the signal.
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Suppose the economy is currently at full employment with aggregate demand curve AD2. A further increase in consumption and investment spending will cause
Answers
An upward shift of the aggregate demand curve to AD3.
A further increase in consumption and investment spending would cause an increase in aggregate demand, leading to an upward shift of the aggregate demand curve from AD2 to AD3. This shift would cause an increase in both real output and the price level, as firms increase production to meet the higher demand.
The increase in consumption and investment spending could be caused by a variety of factors, such as a decrease in taxes or an increase in government spending. However, if the increase in aggregate demand is not met with an increase in aggregate supply, it could lead to inflationary pressures in the economy. Therefore, policymakers need to monitor the balance between aggregate demand and supply to ensure stable economic growth.
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what is the importance of inference, psychological safety, and team effectiveness in the design thinking process?
Answers
Design thinking encourages collaboration, flexibility, curiosity, and positivity, creating happy teams and positively influencing the outcome. Through this process, team members feel valued and clients know that their feedback is taken into consideration.
Design is an art shape, a method of human expression that follows a gadget of tremendously evolved processes so that you can imbue objects, performances, and experiences with significance. like any artwork bureaucracy, the layout has the capacity to clear up issues, but there may be no guarantee that it's going to.
An critical part of the definition of the word layout is the reason: to intend for a particular motive, to assign in notion or purpose; a reason or plan of action. design without motive is design without that means or purpose. We accept as true with without a cause there's no design. An instance of design is a plaid sample on a pair of pants.
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Which of the following might vary in on online purchase depending on where the purchaser lives?
A. The quality of the object
B. The sales tax charged
C. The appearance of the item
D. The retail price of the item
Answers
Answer:
The sales tax
Explanation:
Samantha deposits $1,500 into the Park Street Bank. The account pays 1.12% annual interest, compounded daily. To the nearest cent, how much is in the account at the end of three non-leap years?
Answers
Answer:
=$1,551.255
Explanation:
The amount can be calculates using the formula
A = p x ( 1 + r) ^n
Where A = Amount
P= principal: $1500
r=1.12% or 0.0112 per year. Dairy interest rate = 0.0112/365
n = 365 days x 3 = 1095
A= 1500 x( 1 + 0.0112/365)^1095
A =$1500 x ( 1.00003068493)^1095
A =$1500 x 1.034170
A =$1,551.255
Which of these career clusters sound most interesting to you? Check all that apply.
Finance
Government and Public Administration
Health Science
Hospitality and Tourism
Human Services
Information Technology
Answers
Answer:
buddy thats ur opinion
Explanation:
same as up
The most interesting career clusters are given below.
FinanceGovernment and Public AdministrationHealth ScienceWhat is a Career Cluster?A career cluster is group of careers that proportion commonplace functions. If you like one job in a cluster, you can like others in that cluster as nicely.
What are the top career clusters?Agriculture, Food & Natural Resources.Architecture & Construction.Arts, Audio/Video Technology & Communications.Business, Management & Administration.Education & Training.Finance.Government & Public Administration.Health Science.Learn more about career clusters here https://brainly.com/question/24613213
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Why might you be at a disadvantage if you choose not to keep your money in a bank?.
Answers
which of the following would cause short-run aggregate supply to decrease? choose 1 answer: choose 1 answer: (choice a) a an increase in consumption (choice b) b firms anticipate lower in
Answers
A decrease in the price level will decrease the short-run aggregate supply only.
What is aggregate supply?The whole supply of products and services produced within an economy at a specific overall price over a specific time period is known as aggregate supply, also known as total output.
Shocks to labor or input cost can also cause the aggregate supply curve to change.
The SRAS curve would shift to the left as a result of the shock of a large number of agricultural crops being destroyed by an unexpected early frost because there would be less agricultural products available at any given price.
How much output companies will produce and at what prices is determined by the interaction between aggregate demand and aggregate supply. Inflation is also determined by it.
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beverly company has determined a standard variable overhead rate of $3.80 per direct labor hour and expects to incur 0.50 labor hours per unit produced. last month, beverly incurred 1,600 actual direct labor hours in the production of 3,300 units. the company has also determined that its actual variable overhead rate is $2.40 per direct labor hour.
Answers
Direct labor refers to the salaries and wages paid to people that can be without delay attributed to precise services or products. It consists of the price of normal running hours, beyond regular time hours labored, payroll taxes, unemployment tax, Medicare, employment insurance, and so on.
1.Variable Overhead rate Variance = real Hours *(real rate - trendy fee) = 1600*(2.40 - 3.80) = 2240 (F)
2.Variable Overhead efficiency Variance = wellknown fee*(real Hours - fashionable Hours) = three.80*(1600 - .five*3300) = a 190 (F)
3.Over- or Underapplied Variable Overhead = actual Overhead Incurred - Overhead applied = 1600*2.forty - 3300*.5*3.80 = 2430 (Overapplied)
Direct labor value is part of a salary invoice or payroll that may be specially and continually assigned to or related to the manufacture of a product, a selected paintings order, or the provision of a provider.
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What is the present value of the annual interest payments on a 20-year bond that pays a coupon interest of 5% on a $1,000 face value bond, if the yield on similar bonds is 10%?
please post step by step :
Present value = Interest / discount rate for 20 years (PVAF)
Interest amount = $ 1000 * 5%
Interest = $ 50
Years = 20
Discount rate = 10%
Present value of annuity factor of 20 years = 8.5136 (PVAF) <-- I do not know how to get this number please help
So, Present value = 50 * 8.5136
PV = $ 425.6782
Answers
The present value of the annual interest payments on a 20-year bond that pays a coupon interest of 5% on a $1,000 face value bond, if the yield on similar bonds is 10%, is $425.68.
To calculate the present value of the annual interest payments on a 20-year bond, we need to use the formula for the present value of an annuity:
PV = PMT x PVAF
Where PV is the present value, PMT is the annual interest payment, and PVAF is the present value annuity factor.
Here are the steps to calculate the present value:
Calculate the annual interest payment by multiplying the face value of the bond by the coupon rate. In this case, the annual interest payment is $1,000 x 5% = $50.
Determine the discount rate, which is the yield on similar bonds. In this case, the yield is 10%.
Find the present value annuity factor (PVAF) for 20 years and a discount rate of 10%. You can use a financial calculator, Excel, or look up the factor in a present value annuity table. The present value annuity factor for 20 years and a discount rate of 10% is 8.5136.
Finally, plug in the values into the formula for present value:
PV = $50 x 8.5136 = $425.68
Therefore, the present value of the annual interest payments on a 20-year bond that pays a coupon interest of 5% on a $1,000 face value bond, if the yield on similar bonds is 10%, is $425.68.
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Swifty Racers makes bicycles. It has always purchased its bicycle tires from the Carla Vista Tires at $24 each but is currently considering making the tires in its own factory. The estimated costs per unit of making the tires are as follows: Direct materials $8 Direct labor $4 Variable manufacturing overhead $7 The company’s fixed expenses would increase by $68,000 per year if managers decided to make the tire. (a1) Calculate total relevant cost to make or buy if the company needs 10,800 tires a year.
Answers
To calculate the total relevant cost to make or buy tires, we need to consider the total cost of making the tires and compare it to the cost of buying them.
Buying the tires:
Cost per tire = $24
Total cost for 10,800 tires = $24 x 10,800 = $259,200
Making the tires:
Direct materials cost per tire = $8
Direct labor cost per tire = $4
Variable manufacturing overhead per tire = $7
Total variable cost per tire = $8 + $4 + $7 = $19
Total variable cost for 10,800 tires = $19 x 10,800 = $205,200
In addition to the variable costs, there are fixed costs associated with making the tires. The fixed expenses would increase by $68,000 per year if the company decided to make the tires. To calculate the total cost of making the tires, we add the variable costs and the fixed costs:
Total cost of making 10,800 tires = $205,200 + $68,000 = $273,200
Comparing the total costs:
Buying 10,800 tires = $259,200
Making 10,800 tires = $273,200
Based on these calculations, it is more expensive to make the tires than to buy them. Therefore, Swifty Racers should continue to purchase their bicycle tires from Carla Vista Tires.
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I have some questions, here they are:
1. Should I tell my parents I'm adopted?
2. Does it take 18 months for twins to be born? Or 9?
3. If I eat myself will I get twice as big or disappear completely?
4.How am I sure I’m the real mom of my kid?
5.How far of a drive is it from Miami to Florida?
6.Why doesn’t the Earth fall down?
7.Is an egg a fruit or a vegetable?
8.If batman parents are died, then how was he born?
please answer these I really need to know
Answers
Answer: 1. You wouldn’t know that your adopted unless someone told you
2.9
3. Die and disappear
4. DNA test
5. Your in Florida
6. Gravitational cling
7. Neither
8. They died after he was born
Explanation:
Which of the following is most likely reason that a regulated product may go
to market?
Answers
Answer:
B) it has passed testing and certification standards
Explanation: hope this helps!
Answer:
B IS CORRECT :))))
Explanation:
When Ellen buys a new computer for her accounting business, it is included in gross domestic product (GDP) as ________, and when she buys a new computer for personal use at home, it counts as ________.
a. consumption; consumption.
b. consumption; investment.
c. government purchases; consumption.
d. investment; investment.
e. investment; consumption.
Answers
Answer:
ITS A NEW COMPUTER IT SHOULD WORK FOR EVERYTHING YOU NEED
Explanation:
BUT I THINK A DESKTOP WILL DO BETTER
When Ellen buys a new computer for her accounting business, it is included in gross domestic product (GDP) as investment, and when she buys a new computer for personal use at home, it counts as consumption.
What is investment?
This can be referred to as all process of investing money in order to accrue profit at the end.
The investment in computers is to ensure that the business makes profit at the end of the period.
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Which website citation is written correctly in MLA style?
“CareerOneStop.” 2013. Web, May 18, 2013. US Department of Labor and the State of Minnesota.
“US Department of Labor and the State of Minnesota, 2013.” CareerOneStop. 18 May.
CareerOneStop. US Department of Labor and the State of Minnesota, 2013. Web. 18 May 2013.
US Department of Labor and the State of Minnesota. “CareerOneStop.” Web, May 18, 2013.
Answers
Answer:
C. CareerOneStop. US Department of Labor and the State of Minnesota, 2013. Web. 18 May 2013.
Explanation:
Right On Edge, also just took the Quiz.
The website citation which is written correctly in MLA style is -
CareerOneStop. US Department of Labor and the State of Minnesota, 2013. Web. 18 May 2013.
What is a citation style?A citation style is a set of rules for citing sources in academic writing. To avoid plagiarism, you must always include a citation anytime you quote, paraphrase, or summarise a source. Different universities, academic groups, and publishers establish different styles, which are frequently published in an official handbook with detailed instructions and examples.
There are numerous citation styles, but they all follow one of three basic principles: parenthetical citations, numbered citations, or note citations.
MLA style is the Modern Language Association's official style, as stated in the MLA Handbook. (9th edition). It is commonly utilised in a variety of humanistic subjects. It's author-page rather than author-date, unlike most parenthetical citation styles.
Therefore, the third option is correct.
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Cullumber Corporation has a cumulative temporary difference related to depreciation of $542,000 at December 31, 2020. This difference will reverse as follows: 2021, $37,000; 2022, $225,000; and 2023, $280,000. Enacted tax rates are 17% for 2021 and 2022, and 20% for 2023. Compute the amount Cullumber should report as a deferred tax liability at December 31, 2020. Deferred tax liability at December 31, 2020
Answers
To compute the amount Cullumber should report as a deferred tax liability at December 31, 2020, we need to calculate the amount of taxable income that will be affected by the temporary difference and the applicable tax rates for each year.
First, we need to calculate the taxable income affected by the temporary difference for each year:
2021: $37,000
2022: $225,000
2023: $280,000
Next, we need to calculate the applicable tax rate for each year:
2021: 17%
2022: 17%
2023: 20%
Now, we can calculate the amount of deferred tax liability at December 31, 2020:
For 2021, the taxable income affected by the temporary difference is $37,000, and the applicable tax rate is 17%. Therefore, the deferred tax liability for 2021 is:
$37,000 x 17% = $6,290
For 2022, the taxable income affected by the temporary difference is $225,000, and the applicable tax rate is 17%. Therefore, the deferred tax liability for 2022 is:
$225,000 x 17% = $38,250
For 2023, the taxable income affected by the temporary difference is $280,000, and the applicable tax rate is 20%. Therefore, the deferred tax liability for 2023 is:
$280,000 x 20% = $56,000
The total deferred tax liability at December 31, 2020 is the sum of the deferred tax liabilities for each year:
$6,290 + $38,250 + $56,000 = $100,540
Therefore, Cullumber should report a deferred tax liability of $100,540 at December 31, 2020.
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Kathy and Jake are purchasing a house and are financing $465,000. The mortgage is a 20-year
5/1 ARM at 3.5% with a 2/7 cap structure. What will the remaining balance be after the first 5 years?
a $396,038.65
b$427,354.28
c $407,836.29
d $377,238.57
Answers
Answer:
D
Explanation:
The remaining balance on a 20-year 5/1 ARM at 3.5% interest with a 2/7 cap structure after 5 years will be $377,238.57.
Pro life tip: Do NOT finance your home with an ARM mortgage.
Good luck in your studies!