Improved production and transportation are a result of industrialization.
Industrialization is a procedure of social and financial change that alters a human group from a primarily agricultural community into an industrial society. This results in the development of a nation's economic system in various ways. The introduction of new technologies in the production process, increased efficiency in production, and decreased production costs are all examples of improved production through industrialization.
Additionally, improved transportation can occur through industrialization. The development of the railroad, for example, aided in the transportation of goods across great distances, which increased trade among nations. Additionally, it increased the speed of transportation, allowing for goods to be transported quickly and effectively to areas that lacked the capacity to produce them.
Thus, the statement for the question is Improved production and transportation are a result of industrialization.
Know more about the industrialization.
https://brainly.com/question/29758974
#SPJ11
the management's preparation of activities to be carried out by the organization is termed
a) planning
b) delegating
c) organising
d) motivating
Answer:
a) planning
Explanation:
Planning is a major function of management. It entails thinking ahead or visualizing how to execute events or processes before their time is due. Planning is actualizing events in one's mind to achieve desires results before implementing them on the ground. It is going ahead of time and making preparations for future events.
Planning makes processes and events go smoothly. It makes sure all necessities are availed on time and all possible hitches have been addressed.
Which formula is NOT correct?
A) COGS=COGAS-EI
B) BI=COGS+EI-P-FI
C) EI=BI+P+FI-COGS
D) COGAS=BI+P+FI
Answer:
Explanation:
The answer is d the correct formula is COGS=BI+P+FI
Technology: _____________
a. is another term for entrepreneurial ability.
b. is a physical resource.
c. is a manufactured product used to produce other goods and services.
d. improves the productivity of all factors.
Answer: Your answer is d. improves the productivity of all factors.
Hope this helps!
To send your only child to law school when the time comes, you want to accumulate $4,000,000 at the end of 18 years. Assuming that your savings account will pay 6.5% compounded annually, how much would you have to deposit if:
a. you want to deposit an amount annually at the end of each year?
b. you want to deposit one large lump sum today?
To deposit an amount annually, you would have to deposit $109,995.20 annually at the end of each year to accumulate $4,000,000 at the end of 18 years. To deposit one large lump sum today, you would have to deposit $1,182,811.06 as a lump sum today to accumulate $4,000,000 at the end of 18 years.
So, $4,000,000 = PMT[(1 + 0.065)18 – 1]/0.065 Thus, PMT = $4,000,000 * 0.065 / [(1.065)18 - 1] = $109,995.20Therefore, you would need to deposit $109,995.20 annually at the end of each year to accumulate $4,000,000 at the end of 18 years.
FVL = PV(1 + i)n where FVL = future value of lump sumPV = present value of lump sumi = annual interest rate n = number of years. So, $4,000,000 = PV(1 + 0.065)18Thus, PV = $4,000,000 / (1.065)18= $1,182,811.06Therefore, you would need to deposit $1,182,811.06 as a lump sum today to accumulate $4,000,000 at the end of 18 years.
To know more about lump sum visit:-
https://brainly.com/question/30727537
#SPJ11
When reviewing a business communication, it is best to seek feedback from Multiple select question. random strangers, asking them for honest answers. business competitors. people who have demonstrated good judgment. respected colleagues.
ideas are: rivalrous. sometimes rivalrous and sometimes nonrivalrous. nonrivalrous. partly rivalrous.
The categorization of ideas as rivalrous or nonrivalrous depends on factors such as exclusivity, availability, and the ability of multiple parties to use the idea without diminishing its value or utility.
Ideas can be categorized as rivalrous, sometimes rivalrous and sometimes nonrivalrous, nonrivalrous, or partly rivalrous depending on the context in which they are used. Rivalrous ideas are those that can only be used by one person or organization at a time, and their use by one party prevents another party from using them. On the other hand, nonrivalrous ideas can be used by multiple parties simultaneously without any negative impact on their use or value. Sometimes, ideas can be partly rivalrous, meaning that some aspects of the idea are rivalrous while others are nonrivalrous. Ultimately, the categorization of ideas as rivalrous or nonrivalrous depends on factors such as exclusivity, availability, and the ability of multiple parties to use the idea without diminishing its value or utility.
Learn more about categorization here
https://brainly.com/question/15020799
#SPJ11
If you desire to have a $500,000 nest egg one day, how much will you need to contribute to a retirement account on an annual basis assuming you have 30 years to save and expect an average rate or return of 5.5%?
The amount to contribute to a retirement account on an annual basis assuming that an individual has 30 years to save and expect an average rate of return of 5.5% to acquire a $500,000 nest egg, we can make use of the formula for future value of an annuity.
PMT = [PV * r] / [1 - (1 + r)^(-n)]
Where, PV = present value of the annuity
n = number of periods
r = rate of interest
PMT = periodic payment
Using the given terms, the Present value of the annuity = $0
Number of periods = 30
Rate of interest = 5.5%
Periodic payment = ?
Future value of the annuity = $500,000
On substituting the given values, we get:
$500,000 = [PMT * (1 + 5.5%)^(30) - 1] / 5.5%
On simplifying the above expression, we get:
PMT = $500,000 * [5.5% / ((1 + 5.5%)^(30) - 1)]
PMT = $500,000 * [5.5% / 12.28825]
PMT = $500,000 * 0.4474574185
PMT = $223,728.71
Thus, an individual will need to contribute $223,728.71 to a retirement account on an annual basis to acquire a $500,000 nest egg in 30 years with an average rate of return of 5.5%.
To know more about Average Rate Of Return visit:
https://brainly.com/question/14651832
#SPJ11
Why is it important to use the right strategies to beat competition?:
Answer:
Therefore, competitive strategy is essential for the survival of the product in the market. Having a new competitive strategy to beat rival companies or their products by renaming or redesigning their products will help the company to be more profitable and create an image new on the market.
a certified public accountant (cpa) has found that six out of ten company audits contain substantial errors. if the cpa audits a series of company accounts, compute the following probabilities. (round your answers to four decimal places.) (a) what is the probability that the first account containing substantial errors is the third one to be audited?
The probability that the first account containing substantial errors is the third one to be audited is 0.2400.
To find the probability, we need to consider the sequence of audits and the probability of finding substantial errors in each audit. Since the probability of finding substantial errors in each audit is 6 out of 10 (or 0.6), the probability of not finding substantial errors is 4 out of 10 (or 0.4). Now, let's consider the sequence of events: The first two audits do not contain substantial errors, which has a probability of (0.4) for each audit. The third audit contains substantial errors, which has a probability of (0.6). Since these events are independent, we can multiply the probabilities of each event to find the overall probability: P(No substantial errors on first two audits) * P(Substantial errors on the third audit). P(No substantial errors on first two audits) = (0.4) * (0.4) = 0.16. P(Substantial errors on the third audit) = 0.6, Multiplying these probabilities, we get: 0.16 * 0.6 = 0.096. Rounding this to four decimal places, the probability that the first account containing substantial errors is the third one to be audited is 0.2400.
Learn more about Probability here: https://brainly.com/question/30390037.
#SPJ11
Business Application Identify the common testing procedures for the SDLC implementation at your organiza- tion. Evaluate whether they address the need for security with passive system code scanning. Evaluate the need for penetration testing and whether this has been done in the past. If penetration testing is not part of the SDLC process at your organization, identify a feasible solution for actively testing new software systems for compromise.
The Software Development Life Cycle (SDLC) is a methodology used for developing information systems and software applications. It encompasses several stages, each with its own testing procedures to ensure application quality. These stages include planning and requirements, design, implementation and development, and maintenance. Evaluating the testing procedures for security is crucial to enhance application security and integrity. This evaluation includes passive system code scanning, penetration testing, and actively testing new software systems for compromise.
1 ) Passive System Code Scanning:
- Passive code scanning is currently not included in the testing procedures.
- Incorporating passive code scanning is necessary to analyze software code for vulnerabilities and weaknesses.
- Passive code scanning enhances security by detecting potential exploits that could be used by hackers.
2 ) Penetration Testing:
- Penetration testing simulates real-world cyberattacks to assess application security.
- It is an essential step in the SDLC testing procedures.
- Penetration testing identifies vulnerabilities and weaknesses.
- If not previously conducted, it is crucial to include penetration testing in the SDLC to ensure application security.
3 ) Feasible Solution for Actively Testing New Software Systems for Compromise:
- The recommended approach is to employ a third-party penetration testing service.
- Third-party penetration testers specialize in testing software applications for vulnerabilities.
- They conduct comprehensive testing and provide detailed reports on weaknesses and vulnerabilities.
- Using a third-party service ensures active testing of new software systems to prevent compromise.
By following these testing procedures, organizations can enhance the security and integrity of their software applications. Incorporating passive code scanning, conducting penetration testing, and utilizing third-party services for active testing are vital steps to ensure application security throughout the SDLC.
Learn more about Software Development Life Cycle (SDLC) from the given link:
brainly.com/question/9977671
#SPJ11
14. Fenchurch Corp. uses the direct write-off method to account for bad debts. What are the effects on the accounting equation of the entry to record the write-off of a customer's account balance? a. Assets and liabilities decrease
Assets and stockholders' equity decrease.
How does the write-off of a customer's account balance affect the accounting equation?When Fenchurch Corp. uses the direct write-off method to account for bad debts, the entry to record the write-off of a customer's account balance has two main effects on the accounting equation.
Firstly, it decreases the asset side of the equation because the accounts receivable, which represents the company's right to receive payment from the customer, is reduced. This reduction in assets reflects the recognition that the company is no longer expecting to collect the amount owed. Secondly, it decreases the stockholders' equity side of the equation by reducing the corresponding accounts receivable revenue, which was initially recorded as an increase in equity when the sale was made. This adjustment reflects the fact that the revenue was overstated initially, and the write-off corrects this overstatement. Overall, the write-off of a customer's account balance decreases both assets and stockholders' equity, ensuring the accounting equation remains in balance.Learn more about accounting equation
brainly.com/question/28592096
#SPJ11
which intangible product is exchanged directly between the producer and the customer?
The intangible product which exchanged directly btwn the producer and customer is " service "
Which of the people or institutions listed exercises the most power over the quantity of money in the united states economy?.
The institutions that exercises the most power over the quantity of money in the united states economy is: The United States Federal Reserve.
United States Federal ReserveUnited States Federal Reserve is a financial institution located in the United States of America which sole responsibilty is to control the amount of money in circulation.
United States Federal Reserve play an important roles when it comes to money in the united states economy as they help to regulate money so as to maintain fiancial stabilty.
Inconclusion the institutions that exercises the most power over the quantity of money is: The United States Federal Reserve.
Learn more about United States Federal Reserve here:https://brainly.com/question/25843620
An agent embezzles funds from his principal and uses the fins to buy a car. What duties has the agent violated? Who is entitled to ownership of the car?
Answer:
Embezzlement means when someone's property is been held captive by any person to whom it was entrusted to. In this case where an agent embezzles funds from his principal and uses the funds to buy a car, the agent has violated the duty to account to the Principal. Duty to accounts is the duty owned by the agent to take proper care of his principals funds which have been entrusted on him.
On who is entitled to ownership of the car, the principal is the one entitled the ownership of the case as the car was purchased from his money which was embezzled by the agent.
After asking coworkers to review a project plan, you receive feedback. Your coworker thinks there is a better way to display the data in the business report.You should add a
title
reference
abstract
table
Answer:
table
Explanation:
an addict's demand for heroin is an example of a demand that is perfectly
An addict's demand for heroin is an example of a demand that is perfectly inelastic. Inelastic demand occurs when the quantity demanded does not significantly change in response to changes in price.
In this case, an addict's demand for heroin is not influenced by changes in price, as they are willing to pay whatever price is necessary to obtain the drug. The addiction to heroin creates a situation where the demand for the drug becomes a necessity, rather than a luxury, leading to an inelastic demand curve. Even if the price of heroin were to increase, an addict would still continue to purchase the drug, resulting in no significant change in the quantity demanded. This is a unique case in economics where the demand curve is almost vertical, reflecting the addiction's strength and the individual's dependence on the drug.
To learn more about demand, visit:
https://brainly.com/question/32145022
#SPJ11
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
learn more about managers here
https://brainly.com/question/32150882
#SPJ11
The year is 2035. In many occupations, robots are replacing humans. As it turns out, robots make very good house cleaners, but very poor ski instructors.
Assuming the other determinants of demand for the two services are roughly similar, you would expect the demand for human ski instructors to be(more elastic than, less elastic than,equal to elastic than,derived from) the demand for human house cleaners.
One factor that affects the elasticity of demand for labor is the elasticity of demand for the product itself.
The lower the price elasticity of demand for a product, the (higher or lower) the elasticity of demand for labor.
The demand for human ski instructors is expected to be more elastic than the demand for human house cleaners, primarily due to the nature of the services and the ability of robots to effectively perform house cleaning tasks.
Assuming the other determinants of demand for the two services are roughly similar, you would expect the demand for human ski instructors to be more elastic than the demand for human house cleaners.
One factor that affects the elasticity of demand for labor is the elasticity of demand for the product itself.
In the case of house cleaning services performed by robots, if the demand for these services is relatively inelastic, meaning that consumers are not very responsive to changes in price, the demand for human house cleaners would also be relatively inelastic.
Since robots make very good house cleaners, they can provide the service at a lower cost, potentially leading to a decrease in demand for human house cleaners. However, if the demand for house cleaning services is relatively inelastic, the decrease in demand for human house cleaners may not be significant.
On the other hand, the demand for ski instruction services is likely to be more elastic. Ski instruction requires human interaction, personalized guidance, and adaptability to individual needs and skill levels. While robots may be efficient at certain tasks, they lack the ability to provide the same level of personalized instruction and adaptability that human ski instructors can offer.
Therefore, consumers may be more willing to pay a premium for the expertise and human interaction provided by human ski instructors, leading to a relatively elastic demand for their services.
For more such questions on instructors visit;
https://brainly.com/question/31018421
#SPJ11
What purpose does tesla serve in the economy?
Tesla has created over 1,500 jobs at its ATVM-supported facilities. The Department of Energy's investment in Tesla supports the commercial deployment of advanced technologies that help U.S. automakers remain competitive in the growing global advanced vehicle market. This is the purpose of tesla serving the economy.
The economy is the field of production, distribution, trade and consumption of goods and services. Generally, it is defined as a social domain emphasizing practices, discourses, and material expressions related to the production, use, and management of scarce resources.
Learn more about the economy here:https://brainly.com/question/1106682
#SPJ4
Select the correct answer.
George, the market analyst of his company, will be calculating the company's sales forecast for the next month (May). He has decided to use the moving averages method of sales forecasting to complete his task. The sales for the last four months are $30,000 (April). $35,000 (March), $25,000 (February), and $30,000 (January). If George uses the formula to calculate moving averages, what sales forecast figure will he arrive at?
a.25000
b.30000
c.20000
d.35000
Answer:
b.30000
Explanation:
The moving average follows the trend of data to forecast the next value.
the formula applicable in moving average is = (n1 + n2 + n3 + ...) / n
For George, the moving average will be
=$30,000 + $35,000 +$25,000 + $30,000/4
=$120,000/4
=$30,000
Lynden and Marguerite Simms are married, file a joint return, and are your newest tax clients. They provide you with the following information relating to their 2018 tax return: 1. Lynden works as a pediatrician for the county hospital. The W-2 form he received from the hospital show wages of $150,000 and state income tax withheld of $8,500. 2. Marguerite spends much of her Lynden volunteering, but also works as a substitute teacher for the local schools. During the year, she spent 900 hours volunteering. When she doesn't volunteer, she earns $8.00 per hour working as a substitute. The W-2 form she received from the school district shows total wages of $3,888 and state income tax withheld of $85. 3. On April 13, the couple paid $250 in state taxes with their 2017 state income tax return. The Simms's state and local sales taxes in 2018 were $5,500. 4. On December 18, the Simms donated a small building to the Boy Scouts of America. They purchased the building three years ago for $80,000. A professional appraiser determined the fair market value of the home was $96,000 on December 12. 5. Lynden and Marguerite both received corrective eye surgery, at a total cost of $3,000. They also paid $1,900 in health insurance premiums. 6. On June 1, the couple bought a car for $30,000, paying $18,000 down and borrowing $12,000. They paid $750 total interest on the loan in 2017. 7. On June 10, the Simmss took out a home equity loan of $20,000 to expand their home. They paid a total of $850 interest with their monthly payments on the loan. 8. The Simmss paid a total of $2,300 interest on their original home loan. 9. They sold stock in Cabinets, Inc. for $5,200, which they purchased for $7,900 in March of the current year. They also sold stock in The Outdoor Corporation for $12,500, which they purchased several years ago for $8,600. 10. Lynden incurred the following expenses related to his profession, none of which were reimbursed by his employer: Item Amount Subscriptions to medical journals $400 American Medical Association (AMA) annual membership fee 250 11. During the year, the couple paid their former tax advisor $700 to prepare their prior year tax return. 12. The Simmss do not have children, and they do not provide significant financial support to any family members. Required: Compute the Simms's taxable income for 2018.
Simms' taxable income for 2018 is $128,448.
To calculate Simms' taxable income for 2018, we need to consider their various income sources, deductions, and credits. Here's a breakdown of the calculations:
Lynden's W-2 income: $150,000
State income tax withheld: $8,500
Marguerite's substitute teaching income: $3,888
State income tax withheld: $85
Volunteer hours (non-taxable)
State taxes paid with 2017 return: $250
State and local sales taxes: $5,500
Donation of the building to the Boy Scouts:
Fair market value: $96,000
Adjusted basis: $80,000
Medical expenses:
Corrective eye surgery: $3,000Health insurance premiums: $1,900Mortgage interest:
Home equity loan: $850Original home loan: $2,300Capital gains from stock sales:
Cabinets, Inc. stock: ($5,200 - $7,900) = -$2,700 (loss)The Outdoor Corporation stock: ($12,500 - $8,600) = $3,900Professional expenses related to Lynden's profession:
Subscriptions to medical journals: $400AMA membership fee: $250Tax preparation fee: $700Now, let's calculate the Simms' taxable income:
Total income:
$150,000 (Lynden's W-2 income)$3,888 (Marguerite's substitute teaching income)$5,500 (state and local sales taxes)Total deductions:
$250 (state taxes paid with 2017 return)$3,000 (medical expenses)$1,900 (health insurance premiums)$850 (home equity loan interest)$2,300 (original home loan interest)$400 (medical journal subscriptions)$250 (AMA membership fee)$700 (tax preparation fee)Total capital gains:
($2,700) (loss from Cabinets, Inc. stock)$3,900 (gain from The Outdoor Corporation stock)Taxable income:
($150,000 + $3,888 + $5,500) - ($250 + $3,000 + $1,900 + $850 + $2,300 + $400 + $250 + $700 + $2,700) + $3,900 = $128,448
Therefore, Simms' taxable income for 2018 is $128,448.
Learn more about taxable income at:
https://brainly.com/question/33053500
#SPJ11
What does it mean to invest your own risk?
At Bargain Electronics, it costs $29 per unit ($16 variable and $13 fixed) to make an MP3 player at full capacity that normally sells for $50. A foreign wholesaler offers to buy 3,480 units at $27 each. Bargain Electronics will incur special shipping costs of $1 per unit. Assuming that Bargain Electronics has excess operating capacity, indicate the net income (loss) Bargain Electronics would realize by accepting the special order. (Enter negative amounts using either a negative sign preceding the number e. G. -45 or parentheses e. G. -45. )
Bargain Electronics would incur a net loss of $66,120 if they accept the special order.
To calculate the net income (loss) of Bargain Electronics, we need to compare the total revenue from the special order with the total cost of fulfilling that order, including the additional shipping costs.
The total revenue from the special order would be:
3,480 units x $27 per unit = $93,960
The total cost of fulfilling the special order would be:
Direct materials cost = 3,480 units x $16 per unit = $55,680
Direct labor cost = 0 (since excess operating capacity is available)
Variable overhead cost = 3,480 units x $16 per unit = $55,680
Fixed overhead cost = 3,480 units x $13 per unit = $45,240
Special shipping cost = 3,480 units x $1 per unit = $3,480
Total cost = $55,680 + $55,680 + $45,240 + $3,480 = $160,080
Therefore, the net loss Bargain Electronics would realize by accepting the special order would be:
Net loss = Total revenue - Total cost = $93,960 - $160,080 = (-$66,120)
So, Bargain Electronics would incur a net loss of $66,120 if they accept the special order.
To know more about operating capacity, here
https://brainly.com/question/29802728
#SPJ4
the marketing concept holds that delivering unmatched value to customers is the only effective way to achieve long-term profitability. group of answer choices true false
true the marketing concept holds that delivering unmatched value to customers is the only effective way to achieve long-term profitability.
Which statement in the marketing idea quizlet is true?The marketing idea holds that companies should evaluate customer wants before making decisions that will best satisfy them. the quality of being beneficial, profitable, or useful.
What exactly is a marketing concept? Why is it so important?The marketing notion holds that a company should work to meet customers' requirements while also pursuing its own objectives through planned operations. It's crucial because businesses need to understand customers want before creating products that will satisfy their demands and wishes.
To know more about marketing concept visit:-
https://brainly.com/question/9116837
#SPJ4
How are logical operators used?
To identify and correct errors
O To make decisions
O To determine a problem
O To create a plan
Answer:
To identify and correct errors
Explanation:
A country usually imposes an embargo on another country for economic reasons rather than political reasons.
True or False
Answer:
True
Explanation:
Hopefully this helps.
Answer:
False
Explanation:
Took test
wth fill in the blanks
Bankruptcy
Cash
Check
Credit
Debit
Debt
Foreclosure
Expenditures
Credit Card
Debit Card
Impulse Buying
Long-Term Goals
Needs
Short-Term Goals
Wants
Budget
Discretionary Income
Fixed Expenses
Variable Expenses
Scarcity
(not all the words are being used)
1. The amount of financial trust extended to a person or a business by a lender; a loan.
2. Money owed.
3. A legal process that gives a debtor protection from creditors.
4. Goods or services that make people more comfortable or content but which are not necessary for survival.
5. Goods or services that people cannot survive without, such as water, food, shelter, and clothing.
6. Money that is spent on goods, services, and bills.
7. A purchase based on an immediate want or due to the pressure of advertising.
8. Plans that take a year or more to accomplish.
9. Plans that can be accomplished within three months to a year.
10. A record of income and spending and a plan for managing money.
11. Money available to spend on goods and services that are not essential.
12. The economic condition of limited resources that prevents people from having everything they want.
13. Expenses that do not change from month to month, such as auto insurance or rent.
Answer:
1. Credit 2. Debt 3. Bankruptcy 4. Wants 5. Needs 6. Cash 7. Impulse Buying 8. Long-term goals 9. Short-term goals 10. Budget 11. Discretionary income 12. Scarcity 13. Fixed Expenses
Explanation:
Which of the following communication styles includes the desire to avoid conflict but still tries to manipulate the situation so the outcome is in their favor?
Passive-assertive
Passive-aggressive
Passive
Aggressive
Answer:
☆Passive aggressive☆
Explanation:
•Passive Assertive: Not a communication style.
•Passive: Developed patterns of avoiding expresing feelings/ emotions.
•Aggressive: can involve manipulation or
intimidation to achieve an end goal.
According to Herzberg, which group of motivational factors would give employees the most satisfaction
Answer:
Explanation:
According to Herzberg, which group of motivational factors would give employees the most satisfaction
True or false: Employers pay the same amount of social security and Medicare taxes as the employee pays.
O True
O False