Which of the following is the value of a country's external wealth at the end of 2016 if its external wealth was –$1 billion at the end of 2015 and its trade balance was $500 million in 2016? Assume the world interest rate is 10% per annum.
A) –$1.5 billion B) –$1.6 billion C) –$0.6 billion D) –$0.4 billion
Please show your work. Thanks
Answers
B) –$1.6 billion
The value of a country's international investment position at the end of 2016 can be calculated by considering the international investment position at the end of 2015, the trade balance in 2016 and the interest rate at the end of 2015 on the international investment position. The calculation is made by adding the end-2015 international investment position to the 2016 trade balance and the interest rate of the end-2015 international investment position. In this case, the value of overseas assets at the end of 2015 was minus $1 billion, the trade balance in 2016 was $500 million, and the global interest rate was 10% per annum. Therefore, the value of the country's external assets at the end of 2016 is -1.6 billion USD.
Calculation:
2016 year-end foreign assets = 2015 year-end foreign assets + 2016 trade balance + 2015 year-end foreign assets interest
= -$1 billion + $500 million + (-$1 billion * annual rate 10%)
= -$1.6 billion
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Related Questions
What is market environment
Answers
Answer:
The market environment is the combination of external and internal factors that affect a company's ability to establish a relationship with and serve its consumers.
Explanation:
The internal factors relate to the company itself, such as owners, workers, materials, components, etc.
The external factors are divided into macro and micro components. The macro component is the broad environment which includes societal forces that affect society as a whole. The micro component is task-related, which includes factors that influence the production, manufacturing and distribution of a product or service.
NBM common stock recently paid annual dividend in the amount of $2.25 per share. The analyst’s estimate of the firm’s growth forecast over the next 4 years is 18.00% and over 3 years after that of 16.5%. You expect the firm to slow down in the long run and estimate the long-term growth rate after 7 years to be 6.5%. If the required rate of return on the stock is 11%, what is your estimate of the stock price?
Answers
Using the dividend discount model with given growth rates and required rate of return, the estimated stock price for NBM common stock is calculated by discounting future dividends, resulting in the stock price.
To estimate the stock price of NBM common stock, we can use the dividend discount model (DDM) which calculates the present value of future dividends.
First, let's calculate the dividends for the next 7 years:
Year 1: $2.25 (given)
Year 2: $2.25 * (1 + 18%) = $2.655
Year 3: $2.655 * (1 + 18%) = $3.1399
Year 4: $3.1399 * (1 + 18%) = $3.7029
Year 5: $3.7029 * (1 + 16.5%) = $4.3177
Year 6: $4.3177 * (1 + 16.5%) = $5.0273
Year 7: $5.0273 * (1 + 6.5%) = $5.3485
Next, let's calculate the present value of these dividends using the required rate of return of 11%:
PV = D1 / (1 + r) + D2 / (1 + r)^2 + ... + D7 / (1 + r)^7
PV = $2.25 / (1 + 0.11) + $2.655 / (1 + 0.11)^2 + $3.1399 / (1 + 0.11)^3 + $3.7029 / (1 + 0.11)^4 + $4.3177 / (1 + 0.11)^5 + $5.0273 / (1 + 0.11)^6 + $5.3485 / (1 + 0.11)^7
Finally, summing up the present values, we can estimate the stock price:
Stock Price = PV
Calculating this equation will give the estimated stock price of NBM common stock.
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Which best ranks Agriculture, Food, and Natural Resources careers from highest to lowest required degree?
O Veterinarian - Nursery Manager - Environmental Engineer - Landscaper
O Landscaper - Environmental Engineer - Nursery Manager - Veterinarian
O Landscaper - Nursery Manager Environmental Engineer – Veterinarian
O Veterinarian - Environmental Engineer - Nursery Manager - Landscaper
Answers
Answer:
the answer is d
Explanation:
The best ranks in Agriculture, Food, and Natural Resources careers from highest to lowest required degree is Veterinarian - Environmental Engineer - Nursery Manager - Landscaper. Thus the correct option is D.
What is a Career?A career is referred to what an individual chooses as a profession to earn something. A career of an individual is based on his talents, skills, and abilities which help him to seek growth and development and achieve the goals of life.
A Veterinarian is referred to as an individual who has the expertise to treat animals. These are referred to as professionals who diagnose diseases and provide adequate treatment based on the diagnosis.
Animals are managed manually by the majority of veterinarians in hospital locations as tools and resources are available there. These veterinarians might perform general medicine, providing care for various species of animals.
Therefore, option D is appropriate.
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Rina has heard the term Quality Score mentioned before and is interested to learn what it actually is. Which statement describes Quality Score?A) It’s a metric that scores the quality of traffic that clicks on your ads
B) It’s an estimate of the quality of your ads, keywords, and landing pages.
C) It’s a final score that’s based on every element of the structure of your account.
D) It’s feedback left by users who’ve clicked on your ad and browsed your website.
Answers
A concept is a Quality Score, which is an overall estimate of our Quality Score for your advertisement. The answer is B.
Quality Score is a individual tool meant to give you a sense of how well your announcement quality compares to other advertisers. This score is measured on a scale from 1 to 10 range.
The Quality Score has a major impact on the cost and performance. Just as your credit score can affect your eligibility for a loan and your interest rate, it affects how well your advertisements perform and how important you pay per click.
A quality level of 8 to 10 is considered very good. As you create new campaigns and new groups, remember that you need to reach a certain set of impressions and clicks to receive a Quality Score.
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4. Profit maximization and loss minimization
BYOB is a monopolist in beer production and distribution in the imaginary economy of Hopsville. Suppose that BYOB cannot price discriminate; that is, it sells its beer at the same price per can to all customers. The following graph shows the marginal cost (MC), marginal revenue (MR), average total cost (ATC), and demand (D) for beer in this market.
Place the black point (plus symbol) on the graph to indicate the profit-maximizing price and quantity for BYOB. If BYOB is making a profit, use the green rectangle (triangle symbols) to shade in the area representing its profit. On the other hand, if BYOB is suffering a loss, use the purple rectangle (diamond symbols) to shade in the area representing its loss.
Answers
Jake is incorrect with his assertion that the BYOB should charge 2.25 per can.
What is Profit maximization and Loss minimization?
The process of Profit maximization ensures that favorable output and price are achieved to maximize its return while the process of Loss minimization ensures there is lower loss on return in the longer-run.
Price QD T*R(P*Q) Total cost(ATC*Q) Profit(TR-TC)
2 1000 2000 2750 -750
2.25 750 1687.5 2625 -937.5
Given that loss realized is lower in $2 per unit than $2.25 per unit, then, Jake is not correct with his assertion that the BYOB should charge 2.25 per can.
Note: The point has been placed on the graph to indicate the profit-maximizing price and quantity for BYOB.
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Ohanian says that when using social media to accomplish a mission, be
aware that you will likely:
OA. tell lies to get what you want.
OB. spend thousands of dollars.
C. spread disingenuous sentiments.
OD. lose control of your message.
Answers
Answer:
D. Lose control of your message
The following trial balance relate to Lubuto company at 31 March 2022
K’000 K’000
Plant and Equipment at cost (iii) 155,500
Accumulated amortisation/ depreciation at 1 April 2021
Right of use asset 25,000
Plant and Equipment 43,500
Right of use – leased property at cost 100,000
Bank interest 900
Administration expenses 36,800
Distribution costs 33,500
Cost of sales 290,600
Loan note interest and dividends paid (notes(iv) and(v) 13,380
Revenue 490,000
Inventories at 31st March 2022 61,000
Trade received 63,000
Trade payables 32,200
Bank 5,500
Equity shares of 25ngwee each (notes ii) 56,000
Share premium 25,000
Retained earnings at 1 April 2021 26,080
5% convertible loan note (note iv) 50,000
Current tax note (vi) 3,200
Deferred tax (note (vi) 4,600
757,880 757,880
The following notes are relevant:
(i) Revenue includes and amount of K20 million for cash sales made through Lubuto
co’s retail outlets during the year on behalf of francis. lubuto Co, acting as agent, is
entitled to a commission of 10% of the selling price of these goods. By 31st March
2022, Lubuto Co had remitted to Francis K15million ( of the K20 million sales) and
recorded this amount in cost of sales
(ii) On 1st August 2021, Lubuto Co made a fully subscribed rights issue of equity share
capital based on two new shares at 60 ngwee each for every five shares held. The
issue has been fully recorded in the trial balance figures.
(iii) Plant and equipment is depreciated at 12.5% per annum on the reducing balance
basis. Leased property was purchased 20yrs ago and depreciation is charged on
straight line. All amortisation and depreciation of non-current assets is charged to cost
of sales.
(iv) On 1 April 2021, Lubuto co issued a 5% K50 million convertible loan note at par.
Interest is payable annually in arears on 31 March each year. The loan note is
redeemable at par or convertible into equity shares at the option of the loan note
holders on 31 March 2024. The interest on an equivalent loan note without the
conversion rights would be 8% per annum. The present values of K1 received at the
end of each year, based on discount rates of 5% and 8% are:
5% 8%
End of year 1 0.95 0.93
2 0.91 0.86
3 0.86 0.79
(v) An equity dividend of 4ngwee per share was paid on 30 May 2021 and, after the
rights issue, a further dividend of 2 ngwee per share was paid on30th November 2021.
(vi) The balance on current tax represent represents the under/over provision of the tax
liability for the year ended 31st March 2021. A provision of K28 million is required
for current tax for the year ended 31st March 2022 and at this date the deferred tax
liability was assessed at K8.3 million.
Required
(a) Prepare the statement of profit or loss for Lubuto for the year ended 31st March 2022.
(12marks)
(b) Prepare the statement of financial position for; Lubuto for the year ended 31 March 2022,
Answers
Statement of profit or loss for Lubuto for the year ended 31st March 2022:
Revenue K490,000
Less: Commission to Francis (1.5M) [Note (i)]
Net revenue 488,500
Cost of sales 306,100
Opening inventory 75,000
Add: Purchases 290,600
Less: Closing inventory (61,000)
Gross profit 182,400
:
Administration expenses (36,800)
Distribution costs (33,500)
Depreciation - Plant and Equipment (21,719) [Note (iii)]
Depreciation - Right of use asset (5,000)
Amortisation - Right of use - leased property (14,500)
Bank interest (900)
Loan note interest and dividends paid (13,380) [Note (iv)]
Profit before tax 57,601
How to explain the statement of financial positionStatement of financial position for Lubuto for the year ended 31st March 2022:
Explanation:
Non-current assets:
Plant and equipment at cost 155,500
Less: Accumulated depreciation (43,500)
Net plant and equipment 112,000
Right of use asset 20,000 [Note (iii)]
Right of use - leased property at cost 100,000
Less: Accumulated amortisation (14,500)
Net right of use - leased property 85,500
5% convertible loan note 50,000 [Note (iv)]
Total non-current assets 267,000
Current assets:
Inventories 61,000
Trade receivables 63,000
Bank 5,500
Total current assets 129,500
Total assets 396,500
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Basics Ltd reported current liabilities of R3 000 and a quick ratio of 1,2. The company has current assets of R6 000. If the company reports the cost of goods sold at R4 000 for the given year, what is the inventory turnover?
Answers
The inventory turnover for the given year is 3.33, calculated by dividing the cost of goods sold by the average inventory of R1200.
To calculate the inventory turnover, we first need to determine the inventory value. We can use the quick ratio formula to find the inventory amount.Quick ratio = (Current assets - Inventory) / Current liabilitiesRearranging the formula, we have: Inventory = Current assets - Quick ratio * Current liabilitiesSubstituting the given values, we have:Inventory = R6000 - 1.2 * R3000Inventory = R6000 - R3600Inventory = R2400The inventory value is R2400. To calculate the inventory turnover, we divide the cost of goods sold by the average inventory. In this case, the cost of goods sold is given as R4000. The average inventory is the sum of the beginning and ending inventory divided by 2. Since we don't have information about the beginning and ending inventory, we can assume they are equal, resulting in an average inventory of R2400/2 = R1200.Inventory turnover = Cost of goods sold / Average inventoryInventory turnover = R4000 / R1200Inventory turnover = 3.33Therefore, the inventory turnover for the given year is 3.33.For more questions on inventory
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when management's primary objective is the economic interests of shareholders, this is known as : A.philanthropy B.responsibility C. the strategic approach D.the pluralistic.
Answers
Plot the data in the table on the graph below. Remember, price is on the vertical axis and quantity is on the horizontal axis. PLEASE HELP
Answers
Explanation:
Plot the data in the table on the graph below. Remember, price is on the vertical axis and quantity is on the horizontal axis.
Quantity is on the horizontal axis so the data in the price column are X values
Price is on the vertical axis so the data in the price column are Y values
Quantity is in thousands so your points are:
(1000 , 10)
(2500 , 9)
(4000 , 8)
(5500 , 7)
(7000 , 6)
(8500 , 5)
(10000 , 4)
(11500 , 3)
(13000 , 2)
(14600 , 1)
(16000 , 0)
[NOTE: a photo of the graph grid has not been provided in the photo so scaling may not be exact]
Please upload a photo of the grid you are given for a graph to size.
On average, 2 percent of all persons who are given a breathalyzer test by the state police pass the test (blood alcohol under .08 percent). Suppose that 500 breathalyzer tests are given.
(a) What is the expected number who pass the test?
(b) What is the approximate Poisson probability that 5 or fewer will pass the test? (Round your answer to 4 decimal places.)
Answers
The expected number of people to pass the breathalyzer test is 10 and using Poisson distribution formula, the probability that 5 or fewer will pass the test is 0.0671.
What is the expected number who pass the test?(a) The expected number of people who pass the test can be found by multiplying the total number of tests by the probability of passing the test:
Expected number passing = 500 x 0.02 = 10
Therefore, we expect 10 people to pass the breathalyzer test.
(b) The Poisson probability can be approximated using the Poisson distribution formula:
P(X ≤ 5) = ∑[k=0 to 5] (e^(-λ) * λ^k / k!)
where λ is the expected value, which in this case is 10.
P(X ≤ 5) = ∑[k=0 to 5] (e^(-10) * 10^k / k!) ≈ 0.0671
Rounding to four decimal places, the approximate Poisson probability that 5 or fewer will pass the test is 0.0671.
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Raoul buys a new cell phone with his credit card. This new charge means his debt will
Answers
Answer:
increase
Explanation:
i bench 225
The difference between a firms current assets and current liabilities is known as the
Answers
Answer:
Working capital
Explanation:
Working capital, also called net working capital, represents the difference between a company's current assets and current liabilities.
The difference between a firm's current assets and current liabilities is known as its "working capital." Working capital is a measure of a company's short-term financial health and represents the funds that are available to finance the day-to-day operations of the business.
Current assets include cash, accounts receivable, inventory, and other assets that are expected to be converted into cash within one year or within the normal operating cycle of the business, whichever is longer. Current liabilities, on the other hand, include accounts payable, short-term loans, and other obligations that are due within one year or within the normal operating cycle of the business. Therefore, working capital is calculated by subtracting current liabilities from current assets: Working Capital = Current Assets - Current Liabilities
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Consider the following BPMN diagram:
Answers
If we look at the process model, we can see that Task A is the first task and must always be completed in order for the model to be run. Further observation reveals that because an exclusive gateway is employed, any of the two jobs, B and C, is carried out individually rather than simultaneously. As we continue to move through the BPMN diagram, we see that task M is the conversing task and is therefore always run along with a networks message flow from it to task F, which is done as soon as a message is received in pool 2 and finishes.
An item of networking hardware or software called a gateway is used in telecommunications networks to allow data to go from one distinct network to another.
The way that gateway differ from routers and switches is that they can join various networks using more than one protocol to communicate and that they can function at any of the seven OSI levels.
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Consider the following two situations: (1) you buy a Porsche produced in Germany, (2) you buy a Volkswagen produced in the U.S. Which of the following statements is true? Note: multiple answers are allowed. a. The action in situation (1) has a direct effect on net exports b. The action in situation (2) has a direct effect on net exports c. The action in situation (1) has a direct effect on net capital income d. The action in situation (2) has a direct effect on net capital income
Answers
The purchase of a Porsche produced in Germany has a direct effect on net exports
What is net export?
Net exports is total export less import. Import is when a good or service is brought into a country from a foreign country. Import reduces the value of the net exports. Export is when a good produced in a country is sold in a foreign country.
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What do you think are some of the difficulties of adding 25% more employees for the holiday season what kind of planning do you think would be needed 
Answers
Adding 25% more employees for the holiday season can bring some challenges and difficulties for a company. Here are some potential difficulties and the planning needed to address them:
Hiring and Training: The first challenge is to find and hire new employees, which can be time-consuming and costly. Companies should plan ahead and start the hiring process early to ensure they have enough time to select and train new employees.
Cost: The cost of hiring and training new employees can be high, and companies need to ensure they have enough resources to cover the additional expenses. Companies should create a budget and estimate the cost of hiring and training new employees.
Integration and Teamwork: Integrating new employees into the team and ensuring they work effectively with existing employees can be challenging. Companies should plan team-building activities and create a welcoming environment to help new employees feel part of the team.
Workload and Scheduling: Companies need to plan the workload and schedule the additional employees effectively to ensure they are utilized efficiently. This includes ensuring that there is enough work to keep all employees busy and that the schedule allows for an appropriate level of coverage.
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Laura Cervantes is a currency speculator and she sells eight June futures contracts for 500,000 pesos at the futures price of 0.10773 $/MXN.a) What is the value of her position at maturity if the ending spot rate is $0.12002/MXN?b) What is the value of her position at maturity if the ending spot rate is $0.09802/MXN?
Answers
Answer and Explanation:
The computation is shown below:
Given that
June Futures Contract = 500000 Pesos (MXN)
And Number of Contracts Sold = 8
And, Initial Exchange Rate = 0.10773 $ / MXN
Now
Initial Position Value is
= 8 × 500000 × 0.10773
= $430920
Now
(a) The value of her position is
Final Exchange Rate = $0.12002 / MXN
Final Position Value is
= 8 × 500000 × 0.12002
= $480080
So,
Net Position Value is
= 430920 - 480080
= - $49160
And,
(b) The value of her position is
Final Exchange Rate = $0.09802 / MXN
Final Position Value is
= 8 × 500000 × 0.09802
= $392080
So,
Net Position Value is
= 430920 - 392080
= $38840
Graham Freightway provides freight service. The company's balance sheet includes Land, Buildings, and Motor-Carrier Equipment. Graham Freightway uses a separate accumulated depreciation account for each depreciable asset. During 2012, Graham Freightway completed the following transactions:
Jan 1 âTraded in motor-carrier equipment with accumulated depreciation of $92,000 (cost of $131,000) for new equipment with a cash cost of $173,000. Graham Freightway received a trade-in allowance of $63,000 on the old equipment and paid the remainder in cash.
Jul 1 Sold a building that cost $580,000 and had accumulated depreciation of $280,000 through December 31 of the preceding year. Depreciation is computed on a straight-line basis. The building has a 40-year useful life and a residual value of $40,000. Graham Freightway received $90,000 cash and a $590,000 note receivable.
Oct 31 Purchased land and a building for a cash payment of $600,000. An independent appraisal valued the land at
$234,600 and the building at $455,400.
Dec 31 Recorded depreciation as follows: New motor-carrier equipment has an expected useful life of 1 million miles and an estimated residual value of $23,000. Depreciation method is the units-of-production method. During the year, Graham Freightway drove the truck 160,000 miles.
Depreciation on buildings is straight-line. The new building has a 40-year useful life and a residual value equal to $40,000.
Required:
Record the transactions in Graham Freightway's journal.
Answers
Answer:
Graham Freightway
Journal Entries:
Jan. 1:
Debit New Motor-carrier Equipment $236,000
Debit Accumulated Depreciation $92,000
Credit Old Motor-carrier Equipment $131,000
Credit Cash Account $173,000
Credit Gain on Equipment Disposal $24,000
To record the trade-in of old equipment for a new one.
July 1:
Debit Cash Account $90,000
Debit Note Receivable $590,000
Debit Accumulated Depreciation 286,750
Credit Building $580,000
Credit Gain on Building Disposal $386,750
To record the sale of building.
Oct. 31:
Debit Land $204,000
Debit Building $396,000
Credit Cash Account $600,000
To record the purchase of land and building for cash.
Dec. 31:
Depreciation Expense on New Motor-carrier Equipment $34,080
Credit Accumulated Depreciation on Equipment $34,080
To record the depreciation expense for the year.
Dec. 31:
Depreciation Expense on Building $2,225
Credit Accumulated Depreciation on Building $2,225
To record the depreciation expense for the 3 months.
Explanation:
a) Data and Calculations:
1. Gain on Equipment of $24,000 is based on the difference between the net book value of the equipment and the trade-in cost.
2. The same is also applicable on the Building.
3. Allocation of the purchased cost of $600,000:
Land = 234,600/690,000 * $600,000 = $204,000
Building = 455,600/690,000 * $600,000 = $396,000
4. Depreciation on New Motor-carrier equipment:
Depreciable amount = $213,000 ($236,000 - 23,000)
Useful life = 1 million miles
Estimated residual value = $23,000
Depreciation rate = $213,000/ 1 million = $0.213
1st year depreciation = $0.213 * 160,000 = $34,080
5. Depreciation on Building:
Depreciable amount = $356,000 ($396,000 - 40,000)
Useful life = 40 years
Estimated residual value = $40,000
Depreciation rate = $8,900 ($356,000/40)
For three months, depreciation expense = $8,900/12 * 3 = $2,225
Ethics AP4-4 Between his freshman and sophomore years of college, Jack takes a job as ticket collector at a local movie theatre. Moviegoers purchase a ticket from a separate employee outside the theatre and then enter through a single set of doors. Jack takes half their ticket, and they proceed to the movie of their choice Besides trying to earn enough money for college the next year, Jack loves to watch movies. One of the perks of working for the movie theatre is that all employees are allowed to watch one free movie per day. However, in the employee handbook it states that friends and family of employees are not allowed to watch free movies. In addition, employees must pay full price for all concession items Soon after starting work at the theatre, Jack notices that most other employees regularly bring their friends and family to the movie without purchasing a ticket. When Jack stops them at the door to ask for their ticket, they say, "Jack, no one really follows that policy. Just be cool and let us in. You can do the same." Jack even notices that upper management does not follow the policy of no family and friends watching free movies. Furthermore, employees commonly bring their own cups to get free soft drinks and their own containers to eat free popcorn Jack considers whether he should also start bringing friends and family and enjoying the free popcorn and beverages. He reasons, "Why should I be the only one following the rules? If everyone else is doing it, including upper management, what harm would it be for me to do it too? After all, when you watch a movie you aren't really stealing anything, and popcorn and drinks cost hardly anything. Plus, I really need to save for college." Required Discuss the ethical dilemma Jack faces. What is the issue? Who are the parties involved? What factors should Jack consider in making his decision?
Answers
(A). The factors should Jack consider in making his decision was being ethical to the responsibilities of the job, follow the policies of the company i.e. not to bring friends and family to watch a free movie.
What is management?In order to achieve desired goals and objective lens, a person or group of people must be contested and managed, according to the conception of management. Moreover, the capacity to organise, supervise, and guide people is a component of social control.
As the factors should Jack consider in making his decision.
Jack has to save for his college, if Jack takes any concession, he has to pay for the concessions,Jack wants to follow the rules of the Theatre.Therefore, As a result, the above are the factors the Jack consider in making his decision.
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Sadie is a reporter who has researched an in-depth article about the prevalence of mercury found in local fish. During her investigation she finds that although a few fish have been caught with high levels of mercury, for the most part, they are rare. Considering that Sadie’s organization needs to sell ad space, which title will she MOST likely pick for this article?
A.
No Cause for Alarm with Local Fish
B.
Few Fish Affected by Mercury, Study Finds
C.
Mercury Levels Not an Issue Here
D.
Toxic Ingredients in Local Seafood
Answers
The title that Sadie is most likely to pick for the article, considering that her organization needs to sell ad space, is B. Few Fish Affected by Mercury, Study Finds.
Why is the title appropriate ?The title of Sadie's investigation accurately portrays the rarity of local fish with high mercury levels. It puts forward an optimistic perspective by emphasizing the low incidence of mercury within these aquatic species, possibly sparking interest from advertisers and readers.
However, choosing option A which says No Need to Worry About Local Fish, may undermine concerns related to mercury poisoning risks in fish, hindering engagement from people and marketers alike.
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If you were seleted for this position, how quickly would you be able to start?*
Answers
If I were selected for the position, I would be able to start immediately, provided that all the formalities have been completed and all the requirements have been fulfilled.
As a responsible individual, I would like to make sure that I do not leave my current employer stranded and would provide them with adequate notice as required. I believe in fulfilling my professional obligations and would like to do the same in my current position. I would work with my current employer to ensure that I am released from my current position in a professional and amicable manner. This would include ensuring that all my work is up-to-date and handing over my responsibilities to my successor in a systematic and thorough manner.
Once the notice period is over and all the formalities have been completed, I would be able to start working in my new position. I understand the importance of being punctual and professional and would make sure that I arrive at work on time and fulfill all my responsibilities to the best of my abilities. I believe in teamwork and would work closely with my colleagues to ensure that the objectives of the organization are met.
In conclusion, if I were selected for the position, I would be able to start immediately, provided that all the formalities have been completed and all the requirements have been fulfilled. I would work with my current employer to ensure that I am released from my current position in a professional and amicable manner and would arrive at work on time and fulfill all my responsibilities to the best of my abilities.
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The deans' suite hoped to cut costs and decided to perform a total cost analysis on its vodka supplier. Consumption was currently 6,000 bottles per semester and this was predicted to maintain that level for the next few years. Their current source, Byron's, charged $9.50 per bottle and packed 288 bottles in a crate. The cost to ship the crate was $15. Another potential source of vodkas was Pancho's, who charged $9.00 per bottle but could ship only 100 bottles in a crate and at a higher price, $20. Assume that a partial crate may be purchased. What is the total annual cost to supply vodka from their current supplier
Answers
Answer:
$55,200
Explanation:
Consumption = 6000 bottles
Cost per bottle = $9
Consumption Cost = 6000*$9 = $54,000
No of crates = 6000/100 = 60 crates
Cost pet crate = $20
Crate cost = $1,200
Total annual cost = Consumption Cost + Crate cost
Total annual cost = $54,000 + $1,200
Total annual cost = $55,200
So, the total annual cost to supply vodka from their current supplier is $55,200
The total annual cost to supply vodka from their current supplier is $55,200.
Total annual costConsumption Cost:
Consumption Cost = 6000×$9
Consumption Cost = $54,000
Number of crates:
Number of crates = 6000/100
Number of crates= 60 crates
Total annual cost:
Total annual cost=$54,000+(60×$20)
Total annual cost = $54,000 + $1,200
Total annual cost = $55,200
Inconclusion the total annual cost to supply vodka from their current supplier is $55,200.
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According to the box "Reaching Beyond Our Borders, Tesla was able to do the impossible feat of
Multiple Choice
opening up a new auto plant in China in under 18 months.
sending the first U.S. citizen to the moon.
building an electric bicycle that can be recharged on solar power.
building over 1 million vehicles each year.
Answers
Answer: Based on the information provided in the box “Reaching Beyond Our Borders,” the correct answer would be option A: opening up a new auto plant in China in under 18 months.
In the indicated time, Tesla indeed managed to complete the incredible achievement of opening a new auto manufacturing plant in China in under 18 months, a testament to their commitment to advancing the use of renewable energy and marking a significant expansion in their global presence.
Explanation:According to the box 'Reaching Beyond Our Borders', Tesla was able to accomplish the seemingly impossible feat of opening up a new auto plant in China in under 18 months. This accomplishment was striking as it signified a significant leap towards promoting sustainable energy on a global level, given Tesla's primary focus on electric vehicles. Meanwhile the options of - sending the first U.S. citizen to the moon, building an electric bicycle that can be recharged on solar power, and building over 1 million vehicles each year - do not correctly match the facts reportedly associated with Tesla's activities within the given timeframe.
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How soon does a landlord have to return a security deposit in Florida?
Answers
Answer:
15days
Explanation:
why are small businesses
important to a
country's economy?
Answers
Answer:
Small businesses contribute to local economies by bringing growth and innovation to the community in which the business is established.
Explanation:
Factors of production are the parts of the economy that:
O A. protect consumers during difficult economic times
O B. prevent the government from interfering with the economy.
O C. are necessary for creating goods and services.
D. measure the health of an economy at any time.
SUBM
Answers
Factors of production are the parts of the economy that Option C. are necessary for creating goods and services.
Factors of production are the essential elements that contribute to the creation of goods and services within an economy. Factors of production are necessary for creating goods and services.
These factors include land, labor, capital, and entrepreneurship. Land refers to the natural resources used in production, such as water, minerals, and fertile soil. Labor involves the human effort and skills applied to produce goods and services. Capital includes the tools, machinery, and infrastructure required for production, while entrepreneurship involves the innovation, risk-taking, and management skills necessary to organize and operate a business.
Together, these factors of production work in harmony to transform raw materials into goods and services that can be consumed by individuals, businesses, and governments. The efficiency and effectiveness of these factors determine the overall productivity of an economy, as well as its ability to grow and generate wealth.
In summary, factors of production are essential components of an economy that enable the creation of goods and services. By utilizing land, labor, capital, and entrepreneurship, societies can generate valuable products and services that contribute to economic growth and improved standards of living. Therefore, the correct option is C.
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Double declining balance
Answers
The double-declining balance method is an effective way to depreciate assets in the early years of their useful life and reduce the balance of the asset more quickly than the straight-line method. This helps companies to account for the asset's cost more accurately over time and to recognize its diminishing value as it ages.
Double-declining balance method is a method of depreciation that is an accelerated method.
The depreciation rate is twice as much as the straight-line method's depreciation rate.
This method begins with an asset's value at the beginning of its use and then decreases at a constant rate throughout its useful life until it reaches the asset's salvage value.
This depreciation method is most commonly used for assets that depreciate quickly at the beginning of their useful life and then slowly depreciate over time until they are scrapped or sold.
Assets such as computers, vehicles, and machinery are common examples of assets that use this method of depreciation.
Double-declining balance method can be calculated using the following formula:Annual depreciation = (2 / useful life in years) * book value at the beginning of the yearOrDepreciation rate = 2 / useful life in years.
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ethical concerns about sharing health data online. This would include the EHR, the patient portal, etc. How are these protected? Do you think current methods are good enough and are working? What about with Web 3.0 - where our online info could lead to customization of our searches? How ethical is all of this?
Answers
There needs to be an increase in encrypted protection of sensitive data to maintain ethics on the EHR, patient portal, etc.
Is Web 3.0 based on ethics?Technology has revolutionized people's lives in a social and professional way, with the internet being part of work, shopping and personal relationships between individuals. Web 3.0 is configured as an innovative means where the internet can be accessed from any device and where it is possible to exchange data between both, improving the speed with which information is shared.
In order to decide whether this is an ethical tool, it is necessary, in relation to the protection of online information, that it is focused on data security, with information available only when clearly permitted by the user, so that it can be used for commercial purposes and personalization of internet usage for example.
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A product sells for $30 per unit and has variable costs of $18 per unit. The fixed costs are $720,000. If the variable costs per unit were to decrease to $15 per unit, fixed costs increase to $900,000, and the selling price does not change, break-even point in units would:
Answers
Answer:
remain the same
Explanation:
Breakeven quantity are the number of units produced and sold at which net income is zero
Breakeven quantity = fixed cost / price – variable cost per unit
Initial Breakeven quantity = $720,000 / ($30 - $18) = 60,000
New Breakeven quantity = $900,000 / ($30 - $15) = 60,000
Breakeven point remained the same
nancy grant is the owner of coal bank hollow recycling, a company that specialized in collecting and recycling paper products. nancy's company uses two different recycling processes to convert newspaper, mixed paper, white office paper, and cardboard into paper pulp. the amount of paper pulp extracted from the recyclable materials and the cost of extracting the pulp differs depending on which recycling process used. the paper pulp produced from each recycling process also has different yields for the final products. nancy currently has 70 tons of newspaper, 50 tons of mixed paper, 30 tons of white office paper, and 40 tons of cardboard. she has a contract to produce 60 tons of newsprint pulp, 40 tons of packaging paper pulp, and 50 tons of print stock pulp. what is the most cost-efficient way to meet the obligations
Answers
The most cost-efficient way to meet the obligations is that which needs less resources and capital.
The most cost-efficient way to meet the obligations is to use that method which produces more pulp in less time as well as using less energy and capital on the production of pulp in order to gain more profit from the business.
If the first method uses less cost of production for the production of pulp required in the contract then as compared to the second method then the nancy should use the first method for the production of pulp required in the contract so we can conclude that the most cost-efficient way to meet the obligations is that which needs less resources and capital.
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