Community colleges in the United States are encountering a difficulty with a shortage of funds because of the reduction of budgets by state and local governments. The correct alternative is option c.
Community colleges serve as a critical pathway to higher education for many students, particularly those from underrepresented backgrounds or who face financial barriers to attending a traditional four-year college or university. However, these institutions are often underfunded and have limited resources compared to their four-year counterparts.
In recent years, many state and local governments have made significant cuts to their funding for community colleges, which has led to a range of challenges for these institutions. These challenges can include reduced course offerings, fewer support services for students, and difficulties in retaining talented faculty and staff.
While options A, B, and D are certainly challenges that some community colleges may face, they are not necessarily representative of the broader issues facing these institutions. For example:
Option A suggests that non-Hispanic students are underrepresented, which is not necessarily true in all cases. Option B suggests low enrollment rates, but this may vary widely depending on the institution and the specific courses or programs being offered. Option D suggests that high tuition costs are a challenge, but community colleges are generally considered more affordable than four-year colleges or universities.In conclusion, the correct alternative is option c. lack of funds because of budget cuts by state and local governments.
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Describe what happens in schools and business establishments if relations are dominantly personal.
In schools and business establishments where relationships are dominantly personal, there is a strong sense of community and camaraderie.
If relations are dominantly personal in schools and business establishments?Individuals take ownership of their work, and there is a deep level of trust that develops between staff, students, and customers. People are more likely to go above and beyond for each other, and there is less of a bureaucratic atmosphere. Communication is more open and direct, and there is less of a need for formal processes and procedures. People feel comfortable with each other, and there is a greater sense of connection, collaboration, and cooperation.In schools and business establishments where relations are dominantly personal, there is often a strong sense of community and mutual respect that is fostered among staff and students. People feel more connected to one another and are more likely to look out for each other’s well-being. In this type of setting, it is more likely that people will be willing to go the extra mile to help each other out and work together to achieve a common goal.At the same time, there is also a greater need for communication and collaboration. People are more likely to have frank and open discussions about problems and work together to come up with solutions. This type of environment creates a stronger sense of trust and loyalty among the staff and students. It also creates an atmosphere of support, understanding, and appreciation.In addition, people are more likely to take initiative and ownership of projects and tasks. This can lead to increased productivity and efficiency as well as a sense of pride and accomplishment. Furthermore, staff and students are more likely to feel comfortable taking risks and trying out new ideas, which can lead to innovation and growth.To learn more about relations are dominantly personal in schools and business establishments refer to:
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When a tax is placed on a product, the price paid by buyers a. b. c. d. rises, and the price received by sellers rises rises, and the price received by sellers falls. falls, and the price received by sellers rises. falls, and the price received by sellers falls. 23. When a tax is imposed on the buyers of a good, the demand curve shifts a. downward by the amount of the tax. b. upward by the amount of the tax. downward by less than the amount of the tax. d. c. upward by more than the amount of the tax. 24. Deadweight loss measures the loss a. in a market to buyers and sellers that is not offset by an increase in govemment revenue. b. in revenue to the govemment when buyers choose to buy less of the product because of the tax. c. of equality in a market due to govemment intervention. d. of total revenue to business firms due to the price wedge caused by the tax. 25. When a good is taxed, the burden of the tax a. falls more heavily on the side of the market that is more elastic. b. falls more heavily on the side of the market that is more inelastic c. falls more heavily on the side of the market that is closer to unit elastic. d. is distributed independently of relative elasticities of supply and demand. 26. To fully understand how taxes affect economic well-being, we must compare the a. b. c. d. benefit to buyers with the loss to sellers. price paid by buyers to the price received by sellers. profits earned by firms to the losses incurred by consumers. decrease in total surplus to the increase in revenue raised by the govemment. 27. A tax placed on a good a. b. c. d. causes the effective price to sellers to increase. affects the welfare of buyers of the good but not the welfare of sellers. causes the equilibrium quantity of the good to decrease creates a burden that is usually bome entirely by the sellers of the good. 28. A tax affects a. buyers only b. selers only c. buyers and sellers only d. buyers, sellers, and the govenment. 29. One result of a tax, regardless of whether the tax is placed on the buyers or the sellers, is that the a. b. c. d. size of the market is unchanged. price the seller effectively receives is higher supply curve for the good shifts upward by the amount of the tax. tax reduces the welfare of both buyers and sellers. 30. When a tax is levied on a good, a. govemment revemues exceed the loss in total welfare. b. there is a decrease in the quantity of the good bought and sold in the market. c. the price that sellers receive exceeds the price that buyers pay d. All of the above are correct.
When a tax is placed on a product, the price paid by buyers generally rises, and the price received by sellers falls. The burden of the tax is distributed between buyers and sellers, but it often falls more heavily on the side of the market that is less elastic.
Taxes can affect the welfare of both buyers and sellers, and they can lead to a decrease in the quantity of the good bought and sold in the market. Overall, taxes can result in a reduction in market efficiency and create deadweight loss .
When a tax is imposed on a product, the price paid by buyers tends to increase. This happens because the tax adds to the cost of the product, and sellers pass on this additional cost to buyers in the form of higher prices. On the other hand, the price received by sellers typically decreases because they need to cover the tax expense.
The burden of the tax is not evenly distributed. It often falls more heavily on the side of the market that is less elastic, meaning the side that is less responsive to price changes.
For example, if demand is relatively inelastic compared to supply, buyers may be less able to reduce their quantity demanded in response to price increases, and thus they bear a larger share of the tax burden.
Taxes have an impact on the welfare of both buyers and sellers. They can lead to a decrease in the quantity of the good bought and sold in the market. This reduction in market activity can result in a loss of consumer and producer surplus, which is known as deadweight loss.
Deadweight loss measures the inefficiency caused by the tax, representing the loss in economic welfare that is not offset by any increase in government revenue.
In conclusion, when a tax is levied on a product, it generally leads to higher prices for buyers, lower prices received by sellers, a burden that is often more heavily borne by the side of the market that is less elastic, a decrease in market efficiency, and the potential for deadweight loss.
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When a tax is placed on a product, the price paid by buyers rises, and the price received by sellers falls. This is because the tax increases the cost for sellers, who then pass on some or all of the tax burden to buyers by raising the price. For example, if a $1 tax is imposed on a product and the sellers initially sold it for $10, they might increase the price to $11 to cover the tax.
When a tax is imposed on the buyers of a good, the demand curve shifts downward by the amount of the tax. This means that buyers are willing to purchase less of the good at each price level due to the increased cost. For instance, if a $1 tax is imposed on buyers, the demand curve will shift downward by $1 at every quantity level.
Deadweight loss measures the loss in a market to buyers and sellers that is not offset by an increase in government revenue. It represents the inefficiency caused by the tax and results from the reduction in consumer and producer surplus. Deadweight loss occurs when the tax discourages transactions that would have been mutually beneficial to both buyers and sellers.
The burden of a tax falls more heavily on the side of the market that is less elastic, meaning it is less responsive to price changes. If the demand for a good is more elastic (responsive) than the supply, buyers will bear a larger share of the tax burden. Conversely, if the supply is more elastic than the demand, sellers will bear a larger share of the tax burden.
To fully understand how taxes affect economic well-being, we must compare the benefit to buyers with the loss to sellers. This means considering the changes in consumer surplus (benefit to buyers) and producer surplus (loss to sellers) caused by the tax. If the decrease in producer surplus is larger than the increase in consumer surplus, overall economic well-being is reduced.
A tax placed on a good causes the effective price received by sellers to decrease. The tax creates a price wedge between what buyers pay and what sellers receive, reducing the effective price for sellers. The tax also affects the welfare of both buyers and sellers, as it creates a burden that is shared by both parties.
In summary, when a tax is placed on a product, the price paid by buyers rises and the price received by sellers falls. The burden of the tax falls more heavily on the side of the market that is less elastic. The tax creates deadweight loss, which represents the loss in economic efficiency. To fully understand the impact of taxes, we must compare the benefit to buyers with the loss to sellers. The tax affects both buyers and sellers, reducing the effective price for sellers and creating a burden that is shared by both parties.
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Which of the following legislations is primarily concerned with consumer protection?a. Taft-Hartley Actb. Sarbanes- Oxley Act of 2002c. The Clean Air Act of 1970d. Fair Packaging and Labeling Acte. Title VII of the Civil Rights Act
The Fair Packaging and Labeling Act is primarily concerned with consumer protection. This legislation was enacted in 1966 and requires all consumer products to be labeled with accurate and clear information regarding the contents, quantity, and any necessary warning or precautionary statements.
The act also regulates the packaging and labeling of certain products, such as food and drugs, to ensure that they are safe and properly labeled for consumers. By ensuring that consumers have access to accurate and transparent information about the products they purchase, the act helps to protect consumers from deceptive or fraudulent practices. In summary, the Fair Packaging and Labeling Act is an important piece of legislation that plays a key role in safeguarding consumer protection and promoting fair business practices .It requires all consumer products to be labeled with accurate and clear information regarding the contents, quantity, and any necessary warning or precautionary statements.
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vinh enjoyed the ambiance of the salon and found its stylists to be good listeners, creative, and knowledgeable. This is a matter of
inseparability.
technical quality.
functional quality.
objective excellence.
evaluative goodness.
Vinh's enjoyment of the salon's ambiance and finding its stylists to be good listeners, creative, and knowledgeable are related to the functional quality of the salon.
Functional quality refers to the ability of a product or service to meet customers' needs and expectations, as well as to provide a satisfactory level of performance. In this case, Vinh's positive experience with the salon's stylists indicates that the salon was able to provide the functional quality he was seeking.
Inseparability, on the other hand, refers to the idea that services are often produced and consumed at the same time, making it difficult to separate the service provider from the service itself. Technical quality refers to the level of skill and expertise that service providers possess. Objective excellence refers to the actual performance of a product or service, while evaluative goodness refers to customers' subjective evaluation of a product or service.
Overall, Vinh's experience at the salon is an example of functional quality, where the salon was able to provide the level of service he was seeking and meet his needs and expectations.
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View Policies Current Attempt in Progress Sandhill Inc. is considering Plan 1 that is estimated to have sales of $39,200 and costs of $15,190. The company currently has sales of $36,260 and costs of $13,720. Compare plans using incremental analysis. If Plan 1 is selected, there would be incremental in?
If Plan 1 is selected, there would be incremental income of $2,290.
To compare the two plans using incremental analysis, we need to calculate the difference in income between the two plans. Incremental income represents the change in income that would result from selecting Plan 1 over the current plan.
Sales for Plan 1: $39,200
Costs for Plan 1: $15,190
Sales for the current plan: $36,260
Costs for the current plan: $13,720
Incremental income = (Sales for Plan 1 - Costs for Plan 1) - (Sales for the current plan - Costs for the current plan)
= ($39,200 - $15,190) - ($36,260 - $13,720)
= $24,010 - $22,540
= $2,290
Therefore, if Plan 1 is selected, there would be incremental income of $2,290
Based on incremental analysis, selecting Plan 1 would result in an incremental income of $2,290 compared to the current plan. This indicates that Plan 1 is expected to generate additional income for Sandhill Inc.
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what is the impact of atm on banking sector?
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
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When economists talk about supply, they are referring to a relationship between price received for each unit sold and the _______.
Why is it virtually important to understand the fees your bank may charge on your checking account
Answer:
Explanation:
When a bank lends you money, it charges interest on the loan. When you open a deposit account, such as a checking or savings account, there are fees for that as well. It's important to know all the fees your bank charges, as well as how to reduce or eliminate as many of them as possible.
Suppose the market demand function (expressed in dollars) for a normal product is
P = 80 – q, and the marginal cost (in dollars) of producing it is MC = 1q, where P is the
price of the product and q is the quantity demanded and/or supplied. How much would be supplied by a competitive market?
Compute the consumer surplus and producer surplus. Show that their sum is
maximized. Compute the consumer surplus and the producer surplus assuming this same product
was supplied by a monopoly. (Hint: The marginal revenue curve has twice the slope
of the demand curve. )
Show that, when this market is controlled by a monopoly, producer surplus is larger,
consumer surplus is smaller, and the sum of the two surpluses is smaller than when
the market is controlled by competitive industry
If a market demand function for a normal product is supplied by a monopoly, it means that the market is controlled by a single firm that has the power to set prices and restrict output.
In this scenario, the demand curve faced by the monopolist will be downward sloping, as the firm will need to lower prices to sell more units. However, the monopolist will not face perfect elasticity of demand as they are the only supplier in the market, and consumers will have limited substitutes available.
The monopolist's marginal revenue curve will have twice the slope of the market demand curve as the firm will need to lower prices on all units sold, not just the last one, in order to sell more units. This means that the marginal revenue curve will lie below the demand curve, and the monopolist will choose a quantity where marginal revenue equals marginal cost to maximize profits.
Compared to a competitive industry, a monopoly will typically produce less output at a higher price, resulting in a deadweight loss to society. However, monopolies can also lead to innovation and higher quality products as the firm has greater control over its resources and profits.
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How effective is it to request to push back the deadline for your project?
It can be very effective to request to push back the deadline for your project if it is for a valid reason, such as unexpected illness or an unanticipated delay in receiving necessary materials.
In these cases, it is usually in everyone's best interest to adjust the deadline to allow for unforeseen circumstances.
However, if the request to push back the deadline is based on a lack of adequate planning or progress, then it may not be effective as the project manager may be unwilling to adjust the timeline.
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Case Study #1
Dan is a 40 year-old with Spina-Bifida and inability to walk. He uses a wheelchair for mobility. He is unable to transfer from his chair and requires personal assistance for dressing, using the toilet and transferring from his chair. He has attempted to work several times, but has not held jobs due to a number of factors- transportation, time demands for dressing, eating and being transported to work. He currently is in a volunteer job with the sheriff's office doing routine filing and other clerical tasks. He has average intelligence, but lacks confidence due to low self-esteem, which has been reinforced, by his lack of success in employment.
1. Is he eligible for DVR services?
2. Is he eligible for Supported Employment?
3. Develop an outline for an IPE to address Dan's employment related needs.
4. List the extended ongoing support services he will need to maintain employment.
1. Is he eligible for DVR services?
Yes, Dan is eligible for DVR services. DVR stands for Disability and Rehabilitation Services. It is a federal program that provides employment-related services to people with disabilities. Dan's disability, Spina Bifida, would qualify him for DVR services.
2. Is he eligible for Supported Employment?
Yes, Dan is eligible for Supported Employment. Supported Employment is a type of DVR service that provides ongoing support to people with disabilities who are trying to find and keep jobs. Dan's need for personal assistance and transportation would make him a good candidate for Supported Employment.
3. Develop an outline for an IPE to address Dan's employment related needs.
An IPE is an Individualized Plan for Employment. It is a document that outlines the employment-related goals and services that a person with a disability will receive. An IPE for Dan would include the following:
Goals: The IPE would identify Dan's employment goals, such as finding a job, getting promoted, or starting his own business.
Services: The IPE would list the services that Dan would need to achieve his goals, such as job training, job placement, or transportation assistance.
Timeline: The IPE would set a timeline for achieving Dan's goals.
Evaluation: The IPE would include a plan for evaluating Dan's progress and making adjustments to the plan as needed.
4. List the extended ongoing support services he will need to maintain employment.
The extended ongoing support services that Dan will need to maintain employment include:
Personal assistance: Dan will need personal assistance to help him with dressing, using the toilet, and transferring from his chair.
Transportation: Dan will need transportation to and from work.
Flexible work schedule: Dan may need a flexible work schedule to accommodate his personal assistance needs.
Ongoing training: Dan may need ongoing training to keep his skills up-to-date.
Support from his employer: Dan will need support from his employer to be successful in his job. This may include providing him with a workspace that is accessible to his wheelchair and making sure that his co-workers are aware of his disability.
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What is an advertising mix?
a. choosing the right demographic to be your target customer
b. creating an advertising budget and a subsequent plan
c. choosing multiple advertising media to deliver your message to the target customer
d. focusing on conveying the benefits of the product before discussing its features
Answer:
C
Explanation:
determining the price of goods should be done after calculating income and expenditure ??
Answer:
False
Explanation:
There are several methods that businesses use to determine the price of goods and services. The most common one involves first calculating the cost of production or the cost of goods sold. The desired markup is added to the cost. Other methods include the break-even analysis, target prices, and going by the market rate.
In all these methods, the price is determined selling starts. It means the price is set before selling starts. Therefore, income cannot be generated before a price is determined.
shop its made by me clothing! 25% off every purchase for limited time!! shop now!
Ok I will shop there
The tiny town of Nemo has three neighborhoods located on a straight line: Neighborhood 1, Neighborhood 2, and Neighborhood 3, with Neighborhood 2 located equidistant between Neighborhood 1 and Neighborhood 3. There is one daycare center, located on Neighborhood 1. There are 10 families residing in each neighborhood, and each family has one child. Each family is willing to pay $70/day for daycare, and prefers daycare closest to its own neighborhood (though at current distances, families will purchase daycare services even if it’s two neighborhoods away). Families are indifferent between any two daycares in the same neighborhood. Suppose that daycare costs $30/day per child to provide. A new daycare center is thinking of opening in Nemo. If both daycares will keep their price at $70/day, which neighborhood should the new daycare open in?
Answer:
Neighborhood 2
Explanation:
Based on the information given if NEIGHBORHOOD 2 is located between Neighborhood 1 and Neighborhood 3 which means that in a situation where both daycares decide to keep their price at the amount of $70/day, the neighborhood that the new day care should open in is NEIGHBORHOOD 2 reason been that with NEIGHBORHOOD 2 all the families living in both Neighborhoods 2 and Neighborhoods 3 will be attracted to Neighborhoods 2 and on the other hand won't not be attracted to Neighborhood 1, for the amount of $800/day which is calculated as:
(10 Families *2) * ($70 for day care - $30 per child)
20*40= $800/day
Therefore the neighborhood that the new daycare should open in is NEIGHBORHOOD 2
Based on historical figures, how much would you gain or lose by putting your money in a savings account compared to investing in the stock market?
A:You will lose $3.3 to 4 million by putting your money in a savings account compared to investing in the stock market.
B:You will gain $3.3 to 4 million by putting your money in a savings account compared to investing in the stock market.
C:You will lose $4.4 to 5 million by putting your money in a savings account compared to investing in the stock market.
D: You will gain $4.4 to 5 million by putting your money in a savings account compared to investing in the stock market.
You will gain $4.4 to 5 million by putting your money in a savings account compared to investing in the stock market. So, the correct answer is option D.
Due to their security, dependability, and liquidity, savings accounts are a wonderful place to keep money set aside for a future need. Your emergency fund and savings for short-term objectives, such as a trip or house maintenance, can be kept in these accounts.
In addition to having immediate access to your money when you need it, savings accounts frequently provide better interest rates than checking accounts. Even some savings accounts that offer an APY greater than money market accounts may be found. While high-yield savings accounts typically pay approximately 0.6 percent annual percentage yield (APY), the average APY on savings accounts is only 0.06 percent.
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The President of the Mount Pleasant Student Council met with the
members and planned a fund-raising fair. In order for this occasion to
materialize successfully the President has given the Vice-President and
Committee Chairman special duties to perform. This procedure is referred
to as
O delegating
O directing
o controlling
Omotivating
Answer:
Directing
Explanation:
Directing is the function of managers or the authority to issue instructions and guidance to subordinates and oversee their implementation. The management guides and inspires the other members towards achieving the set organizational goals. Directing is providing leadership to junior members of the organization.
The President of the Mount Pleasant Student Council is directing the members to ensure a successful event.
What does setting a personnel policy before hiring employees allow you to do?
A. Provide employee salary information
B. Establish length of employment for each company department
C. Set expectations for employee behavior
D. Establish records of employee work behavior
Answer:
D
As it helps in appraising the employees weekly, monthly, or yearly work behavior.
When the money market is drawn with the value of money on the vertical axis, an increase in the money supply shifts the money supply curve to the
When the money market is drawn with the value of money on the vertical axis, an increase in the money supply shifts the money supply curve to the
right, raising the price level.
What does money market mean?
The money market refers to trading in very short-term debt investments. At the wholesale level, it involves large-volume trades between institutions and traders. At the retail level, it includes money market mutual funds bought by individual investors and money market accounts opened by bank customers.
What is the features of money market?
It is market purely for short-term funds or financial assets called near money. It deals with financial assets having a maturity period up to one year only. It deals with only those assets which can be converted into cash readily without loss and with minimum transaction cost
What Is Price Level?
Price level is the average of current prices across the entire spectrum of goods and services produced in an economy. In more general terms, price level refers to the price or cost of a good, service, or security in the economy.
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Select the correct answer from each drop down-menu.
Mike wants to create graphics for web pages and use them in e-learning sector. Which career is most suitable for Mike?
Mike can choose to be a ____ to create graphics for web pages and use them in e-learning sector. Jobs in this field demand at least a ____ degree in computer graphics, art, or a related field.
1st blank options are: sound producer, photographer, or multimedia artist.
2nd blank options: bachelor’s, associate, master’s
Mike wants to create graphics for web pages and wants to use them in e-learning. Mike can choose to be a Multimedia artist and this field requires at least a bachelor's degree in computer graphics, art, or related fields.
What do you mean by graphics?Graphics refer to the visual designs or images to illustrate, entertain or inform.
Multimedia artists are innovators that develop animation and designs for various industries.
Mike can choose to be a multimedia artist to create graphics for web pages and can use them in the e-learning sector. Jobs in this field demand at least a bachelor's degree in computer graphics or a related field.
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Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to
O*NET, what are common tasks performed by Graphic Designers? Check all that apply.
conferring with clients
creating designs, concepts, and sample layouts
scheduling projects for clients
hiring and training new team members
determining size and arrangement of illustrative material and copy
developing graphics and layouts
Answer:
creating designs, concepts, and sample layouts
scheduling projects for clients
determining size and arrangement of illustrative material and copy
developing graphics and layouts
Answer:1,2,5,6.
Explanation:
Contribution Margin of Walls Corporation, Consumer division is Rs. 1900,000 and the fixed expenses is Rs. 2,200,000 per year. Company is considering to eliminate this consumer division. If the Consumer Division is eliminated, $1,700,000 of the above fixed expenses could be avoided. What will be the effect on Wall's profit next year if Consumer Division is eliminated?
Answer:
Walls Corporation
Consumer division
The effect on Wall's profit next year if Consumer Division is eliminated is
a reduction of the profit by $200,000.
Explanation:
a) Data and Calculations:
Contribution Margin = $1,900,000
Fixed Expenses 2,200,000
Avoidable fixed expenses $1,700,000
Unavoidable fixed expense $500,000 ($2,200,000 - $1,700,000)
Reduction in profit:
Contribution Margin = $1,900,000
Avoidable fixed expenses $1,700,000
Reduction in profit = $200,000
b) Unavoidable fixed expenses are the costs that Walls must incur if it wants to stay in business. They cannot be eliminated even if Walls Corporation eliminates the Consumer division. Rent is an example of the costs that Walls cannot avoid if it discontinues the operations of its Consumer division. Most unavoidable fixed costs are not traceable to the division.
a buyer obtains a 90% institutional loan for $180,000 toward the purchase of a $200,000 house. the buyer does not have the necessary $20,000 for the downpayment, so the seller takes back a $10,000, ten-year mortgage and the buyer contributes the other $10,000 in cash. this is known as a/an:
The scenario described is an example of a seller financing arrangement, specifically a "purchase money mortgage" or "seller carryback." This type of arrangement can be beneficial for both the buyer and the seller.
A purchase money mortgage is a mortgage used to purchase real estate by the seller of the property rather than a third-party mortgage lender.
In the situation provided, a purchase money mortgage is utilized to cover the remaining $10,000 necessary to buy the property after the institutional loan was acquired, the buyer did not have enough money for a down payment, and the seller did not want to lower the price of the home.
This example of a seller financing arrangement, specifically a "purchase money mortgage" or "seller carryback."
The buyer may be able to secure the purchase of the property with a smaller down payment, while the seller can earn interest on the funds lent to the buyer and potentially sell the property more quickly.
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Finding a job that matches your skills and interests, and finding a job that has a positive job outlook are both important things to consider when selecting a career. Which do you think is more important? Why?
<< Read Less
Answer: Finding a job that matches your skill and interest.
Explanation:
This is very important and it majorly one of the key things to consider when applying for jobs. Sometimes, desperation makes people take any job without thinking if they like the job or not and this is bad as it will hinder the success of such person in the firm.
A typical example of this is applying for a job that requires proficiency in microsoft office packages and you literally have no knowledge but you only applied considering the Positive outlook of the firm, they are no two ways about this, you'd perform woefully if being asked simply because you don't possess the skill.
Finding a job that matches your skills and interest tends to make the job more enjoyable as you will be more motivated to keep the job and will find great pleasure in carrying out the task given. It also aids your career development as well, according to the saying practice makes perfect, doing what you love will continually help you to grow and develop yourself in your chosen field.
List the six areas of interest.
Answer:
Six areas of interest are: building,thinking,creating,holding, persuading and organizing.
Explanation:
beta corporation owns assets valued at $1,500,000 with liabilities of $700,000, and alpha holds assets valued at $350,000 with liabilities of $150,000. beta transfers 200,000 shares of stock and $50,000 cash, and it accepts $100,000 of alpha’s liabilities, in exchange for all of the alpha assets. alpha distributes the beta stock to its shareholders for their alpha stock and then ceases to exist.
"Type A" reorganization. The transaction does not qualify as a "Type C" reorganization because substantially all of the assets are not acquired with voting stock.
What are liabilities?A liability is anything that a person or organisation owes, usually money. Advances, accruing costs, mortgages, bonds, accounts payable, securities, and deferred revenues are all included in the liabilities section of the asset report.
Liabilities on the balance sheet's right side are represented by debts like as loans, accounts payable, mortgages, deferred revenue, bonds, warranties, and accumulated costs.
A company's liabilities are essential since they are utilised to fund operations and big expansions. They can also speed up business-to-business transactions.
Liabilities reduce your company's worth and equity, but assets create value and enhance equity. The more your assets exceed your liabilities, the better off financially your company is.
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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
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Explanation:
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Which of the following is a characteristic of a checking account?
1 Minimum money amount required to invest
2 Easy access to funds through a debit card
3 Fee charged if money is removed early
4 High rate of return on deposits
The characteristic of a checking account from the given options is: Easy access to funds through a debit card.
What features do checking savings accounts have?With a checking account, you can pay your bills, move funds to savings, get cash from ATMs, and use your debit card to make purchases. A crucial aspect of your personal money management is your bank account.
Which of the following describes a checking account's characteristics?Checking accounts offer simple methods for making deposits and withdrawals. In order to ensure that client and bank data always match, checking accounts are processed instantly. Checking accounts have fewer checks available but have greater interest rates. Checking accounts offer simple methods for making deposits and withdrawals.
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Dr. Peabody recorded $6,820 in services provided to clients who make monthly payments. Which of the following statements is correct?
A. The dental revenues account is debited $6,820; accounts receivable is credited $6,820.
B. Accounts receivable is credited $6,820; the dental revenues account is credited $6,820.
C. Accounts receivable is debited $6,820; the dental revenues account is debited $6,820.
D. Accounts receivable is debited $6,820; the dental revenues account is credited $6,820.
Answer:
D. Accounts receivable is debited $6,820; the dental revenues account is credited $6,820.
Explanation:
The two accounts that are affected here are accounts receivables ( Assets) and the revenue account ( affects capital). The accounts receivable will increase as payment is expected at the end month. Since receivable are assets, an increase in receives is recorded as a debit of the account receivable account. $ 6,820 will be debited on the accounts receivables.
The services rendered increases the revenue to Dr. Peabody. Revenue is considered a capital account because it increases the owner's equity. An increase in a capital account is credited. Dr. Peabody will credit the dental revenue account with $6,820.
When you begin working, you will need to find _______ in your life. sanity relaxation answers balance
Answer:
peace and to always believing in yourself!!
Explanation:
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