A car manufacturer in China currently employs 40 production workers and 5 supervisors and producers. The marginal product of the last production worker employed is 60 units of output per month, and production workers are paid 50 CNY per hour. The marginal product of the last supervisor employed is 120 units of output per month, and supervisors are paid 80 CNY per hour. Question: 1. The company manufactured 2,100 cars per month before the last production worker was hired, how many cars does it produce now?

The newly created State Recreation District establishes various funds to account for different types of transactions. These funds include a general fund, a capital projects fund, a debt service fund, an internal service fund, and a trust fund.

(a) Journal Entries:

General Fund:

Debit: Taxes Receivable - Current $450 million

Credit: Revenues - Taxes $450 million

Debit: Expenditures - General Operating $245 million

Credit: Vouchers Payable $245 million

Debit: Cash $390 million

Credit: Taxes Receivable - Current $390 million

Debit: Vouchers Payable $180 million

Credit: Expenditures - General Operating $180 million

Debit: Cash $60 million

Credit: Taxes Receivable - Current $60 million

Capital Projects Fund:

Debit: Cash $520 million

Credit: Other Financing Sources - Proceeds of Bonds $520 million

Debt Service Fund:

Debit: Other Financing Uses - Transfers Out $52 million

Credit: Cash $52 million

Debit: Interest Expense $29 million

Credit: Cash $29 million

Internal Service Fund:

Debit: Cash $15 million

Credit: Net Position - Restricted $15 million

Debit: Equipment $20 million

Credit: Cash $15 million

Credit: Notes Payable $5 million

Debit: Accounts Receivable - General Fund $16 million

Credit: Operating Revenue $16 million

Debit: Operating Expenses $13 million

Credit: Cash $13 million

Debit: Depreciation Expense $2 million

Credit: Accumulated Depreciation $2 million

Trust Fund:

Debit: Investments - Marketable Securities $60 million

Credit: Contributions - Restricted $60 million

Debit: Cash $5 million

Credit: Investment Income $5 million

Debit: Retiree Assistance Expense $4 million

Credit: Cash $4 million

(b) Governmental Funds Financial Statements:

Balance Sheet:

The balance sheet for the governmental funds would include assets, liabilities, and fund balances. The assets would include Taxes Receivable - Current ($60 million) and Cash ($510 million). The liabilities would include Vouchers Payable ($65 million). The fund balance would be calculated as follows: $390 million (Taxes Receivable) - $180 million (Vouchers Payable) = $210 million (Fund Balance).

Statement of Revenues, Expenditures, and Changes in Fund Balances:

The statement would include Revenues - Taxes ($450 million), Expenditures - General Operating ($245 million), and Other Financing Sources - Proceeds of Bonds ($520 million).

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Answer:

huh

Explanation:

Answer:

Buff animal crossing.

Explanation:

Answer:

Green Arrow

Explanation:

Answer:

The answer is "Option D".

Explanation:

Using the formula for calculating present value:

\(= \frac{Future \ value}{(1+r)^n}\\\\\)

that's why "Option D" is correct.

The business cycle is a pattern of monetary action generally comprising of downturn, recuperation, development, and decline.

The business cycle is brought about by the powers of the organic market — the development of the GDP Gross domestic product — the accessibility of capital, and assumptions regarding what's in store. This cycle is by and large isolated into four particular portions: extension, pinnacle, constriction, and box.

The business cycle is the normal extension and withdrawal of the creation and result of labor and products that occur throughout some undefined time frame. The monetary ascent and fall of a firm in the economy.

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Rose; Fell, A statistical measurement of how many people earn or receive different amounts of income, the distribution of income is just that.

Since the middle of the 1970s, income inequality has gotten progressively worse to the point where 90 percent of the population hasn't really experienced much income growth in real terms for the past 45 years, whereas those at the top of the distribution have experienced much, much faster income growth.

In other words, the top of the income distribution earned 13.53 times as much as the bottom, a rise of 4.9% from 2020. Additionally, the gap between the middle and bottom of the income distribution grew, going from 4.34 in 2020 to 4.52 in 2021, an increase of 4.0%.

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The complete question is:

Data on the distribution of income for the united states show that from 1970 through 2014, the share of income earned by the top quintile ______ , and the share earned by the bottom quintile _______

Answer and Explanation:

The computation of the balances of the Allowance for Doubtful Accounts, Bad Debt Expense and Accounts Receivable is shown below;

For Accounts receivable  

a) Opening balance $200,000 Debit balance

b) Current year credit sales (75% of $800,000) $600,000 Debit balance

c) (-) Current collection from accounts receivables -$450,000 Credit balance

d) (-) Bad debt expenses -$11,000 Credit balance

e) Closing balance of accounts receivables $339,000 Debit balance

for Allowance for Doubtful Accounts  

Allowance required as per Current year analysis (2% of (75% of $800,000) $12,000 Credit balance

(-) Opening balance $1,000 Credit balance

$11,000 Credit balance

The journal entry is  

Bad debt expense a/c …Dr   11000  

      To Allowance for Doubtful Accounts 11000  

The Closing balance of Allowance for Doubtful Accounts 12000 Credit balance

For Bad debt expenses  

The journal entry is    

Bad debt expense a/c …Dr   11000  

      To Allowance for Doubtful Accounts 11000  

The Closing balance of Bad debt expense account 0

Answer: Perpetual existence

Explanation:

The longest duration a joint stock company can be formed for is perpetual existence.

Perpetual existence is a feature that simply means that the organization involved has no expiration date, and has an unlimited term of existence. Even in case of death of the owners, the organization will still continue.

Answer:

Explanation:

A company's Memorandum of Association may be changed by the shareholders passing a special resolution in a general meeting or by written resolution. A copy of the resolution must be sent to Companies House within 15 days.

Answer:  C. Reporting odd emails as spam

Explanation:

Answer:

For a long time, we measured our performance using the Steering Wheel. ... We now have just six simple, key business performance measures. It's about alignment and focus: if we give our colleagues more power to choose the right actions, we'll do a better job for customers and achieve greater success for our business.

Answer:

Tesco has been particularly successful because of its powerful brand.  It has a reputation for value, low prices and for being customer focused.  Its brand equity and associations have helped the company to expand into new sectors and markets.  Tesco has also been strong in public relations, advertising and building profile in catchment areas on a local level.  This local approach to marketing appears to be a key driver for success.

The Rent per apartment Felice should charge is the PITI plus expected profit, (where PITI is principal, interest, taxes, and insurance) which is $8,516.

Data and Calculations:

Cost of a Duplex Apartment = $165,000

Monthly mortgage payments = $1,520

Deductible mortgage payment = $666

Annual Real Estate Taxes = $1,752

Annual Insurance costs = $1,464

Annual Maintenance costs = $1,230

Annual profit expected = $2,550

Rent to charge = PITI + Profit

= $8,516 ($1,520 - $1,752 - $1,464 - $1,230 + $2,550)

Thus, the Rent per apartment Felice should charge is the PITI plus expected profit, (where PITI is principal, interest, taxes, and insurance) which is $8,516.

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NPV of project is  US$ -1.13485 million.

Net Present Value (NPV) is a financial metric used to calculate the present value of future cash inflows and outflows of an investment, project, or business. It is used to determine whether an investment or project is profitable or not, by comparing the present value of expected cash inflows with the present value of expected cash outflows.

The value of an investment over its lifetime, reduced to its current value, is referred to as its NPV, or net present value. In investment banking and accounting, the NPV formula is frequently used to determine whether an investment, project, or company will be profitable in the long run.

Formula of NPV is:

NPV = (C1 / (1+r)^1) + (C2 / (1+r)^2) + (Cn / (1+r)^n) - Co

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The NPV, or net present value, of an investment is its lifetime worth, discounted to its current value.

NPV of project is  US$ -1.13485 million.

A financial metric known as net present value (NPV) is used to estimate the present value of potential cash inflows and outflows for an investment, initiative, or company. By contrasting the present value of anticipated cash inflows and outflows, it is used to determine whether a venture or project will be lucrative or not.

The NPV, or net present value, of an investment is its lifetime worth, discounted to its current value. The NPV formula is commonly used in investment banking and accounting to assess the long-term profitability of an investment, project, or business.

Formula of NPV is:

\(NPV=(\frac{C_1}{(1+r)^1} )+(\frac{C_2}{(1+r)^2} )+(\frac{C_n}{(1+r)^n} )-C_0\)

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Answer:

Critical Thinking,Mathematics, and Operation and Control.

Explanation:

Answer:

1)B. that the printer's conduct was gross negligence

2)D. No, because Art's is the party trying to enforce the contract

Explanation:

Imagine that Art’s Flower Shop has blossomed into a large, sophisticated corporation, that advertises in the yellow pages and also spends thousands each year in its online advertising. Imagine also that the local government has required advertising services to buy a license, to raise money for the city.

1)In order to win its case, Art's will have to prove __________

A. that its business suffered hugely when the yellow pages ad was omitted

B. that the printer's conduct was gross negligence

C. that flowers are important to the public welfare

2)If the yellow page printer does not have an advertising license, can it argue that it is not liable because it had no contract at all with Art's? ______________.

A. Yes, because it had no license

B. No, because the license is merely to raise money for the city

C. Yes, unless it had submitted an application for license and the application was pending

D. No, because Art's is the party trying to enforce the contract

D. No, because Art's is the party trying to enforce the contract

We are informed about an Art’s Flower Shop that has blossomed into a large, sophisticated corporation, that advertises in the yellow pages and also spends thousands each year in its online advertising. Imagine also that the local government has required advertising services to buy a license, to raise money for the city.

1) In order to win its case, Art's will have to prove that the printer's conduct was gross negligence.

gross negligence is when something, legal obligation, someone, lack maintainance, care. Or there is voluntary disregard. Therefore, if he want to win the case he has to prove that the printer's conduct was gross negligence.

2)If the yellow page printer does not have an advertising license, can it argue that it is not liable because it had no contract at all with Art's?

There is no argument that can be won here because, the enforcement of the contract is from the Art itself.

One euro can be exchanged for 180 yen.

To calculate the euro-yen exchange rate, we need to use cross-currency rates. We can start by converting yen to dollars using the given exchange rate of ¥120 = $1.00. This means that €1 = $1.50 can be expressed as €1 = ¥180 (since ¥120 * 1.5 = ¥180).

Now that we have the exchange rate between euro and yen in terms of dollars, we can use the inverse of €1 = ¥180 to get the euro-yen exchange rate directly. The inverse of €1 = ¥180 is ¥180 = €1. Therefore, the euro-yen exchange rate is ¥180.

To summarize, the euro-yen exchange rate is ¥180, which means that one euro can be exchanged for 180 yen.

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Telephone solicitations, mail, infomercials, catalogs, and e-mails can all be considered part of Selling.

Selling is a two-way conversation between a buyer and a seller intended to sway the buyer's choice to buy. This can include infomercials, catalogues, telemarketing calls, postal solicitations, and emails.

A phone call that serves as an ad is referred to as a telephone solicitation. However, under FCC regulations, some phone solicitations are allowed, such as those made with your express consent, by or on behalf of a tax-exempt non-profit organisation, or from a person or organisation.

Telesales may be a highly lucrative method to start a sales career with a little bit of skill and technique. We've included some of the greatest advice and strategies for making your sales calls effective, pleasant, and—most importantly—profitable in this post.

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Answer:

There will be a late fee added to the bill.

Answer:

just if you don't think the person on top of me is right he is I did the quiz and got a 100%

Explanation:

True, Technological advances allow smaller companies to compete with larger companies.

What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting.

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Answer:

Shrinkage.

Explanation:

Shrinkage is the loss of inventory that can be attributed to factors such as employee theft, shoplifting, administrative error, vendor fraud, damage, and cashier error.

Answer:

Having a hotel management degree can help you get a lucrative entry position in food or beverage service, accounts, restaurant service, executive housekeeping, marketing, or other departments within a hotel

Answer:

China’s RGDP growth rate in 2006 was 8.2% percent. Round up your answer to the first decimal. China’s growth rate of real GDP per person in 2006 (using the approximation formula) was 7.7% percent. Round up your answer to the first decimal.

It will take China approximately 9 years to double its real GDP per person. Round up your answer to a full number (no decimals).

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

In 2005 China's RGDP was 7,394 billion yuan. In 2006 its RGDP was about 8,000 billion yuan. China's population was 1,306.6 million in 2005 and 1,313.1 million in 2006.

Calculate China's RGDP growth rate in 2006, the growth rate of real GDP per person in 2006 (using the approximation formula), and the approximate number of years it will take for real GDP per person in China to double if the 2006 economic growth and population growth rates are maintained.

China's RGDP growth rate in 2006 was _______ percent. Round up your answer to the first decimal. China's growth rate of real GDP per person in 2006 (using the approximation formula) was ______ percent. Round up your answer to the first decimal.

It will take China approximately _______ years to double its real GDP per person. Round up your answer to a full number (no decimals).

The explanation to the answer is now given as follows:

a. Calculate China’s RGDP growth rate in 2006. Round up your answer to the first decimal.

This can be calculated using the following formula:

China’s RGDP growth rate = (2006 RGDP - 2005 RGDP) / 2005 RGDP = (8,000 - 7,394) / 7,394 = 0.0820, or 8.2%

b. Calculate the growth rate of real GDP per person in 2006. Round up your answer to the first decimal.

This can be calculated using the following formula:

China’s RGDP per person growth rate = (2006 RGDP per person - 2005 RGDP per person) / 2005 RGDP per person ............... (1)

Where;

2006 RGDP per person = 2006 RGDP / 2006 population = 8,000 / 1,313.1 = 6.09245297387861 billion yuan

2005 RGDP per person = 2005 RGDP / 2005 population = 7,394 / 1,306.6 = 5.65896219194857 billion yuan

Substituting the values into equation (1) above, we have:

China’s RGDP per person growth rate = (6.09245297387861 - 5.65896219194857) / 5.65896219194857 = 0.077, or 7.7%

c. The approximate number of years it will take for real GDP per person in China to double if the 2006 economic growth and population growth rates are maintained. Round up your answer to a full number (no decimals).

To calculate this, the rule of 70 is used as follows:

Number of years for Real GDP per person to double = 70 / China’s RGDP per person growth rate = 70 / 7.7 = 9 years

Corporate relocation incentives or "corporate relocation blackmail" refers to the practise of large firms utilising the prospect of moving to new states to sway state and municipal governments .

Corporate relocation incentives have been a contentious practise, with opponents claiming that they give corporations too much power and can result in a "race to the bottom" where states and communities compete to offer the most generous incentives, potentially jeopardising their own financial stability.

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Pick n Pay operates in the retail industry in South Africa, which is a dynamic and competitive market. The company faces various environmental factors, including economic conditions, consumer behavior, technological advancements, regulatory policies, and social trends. Conducting further research will provide a more comprehensive understanding of the specific environment in which Pick n Pay operates.

The environment in which Pick n Pay operates can be influenced by several factors. Firstly, economic conditions play a crucial role as they impact consumer spending power, inflation rates, and overall market growth. Changes in GDP, employment levels, and disposable income can significantly affect consumer behavior and purchasing decisions.

Consumer behavior and preferences are another important aspect. Factors such as shifting demographics, changing lifestyles, and increasing health-consciousness can influence the demand for certain products and services. Pick n Pay needs to stay updated on these trends to effectively cater to customer needs and stay competitive.

Technological advancements are rapidly transforming the retail industry. E-commerce, mobile applications, and digital platforms have reshaped the way consumers shop and interact with retailers. Pick n Pay needs to adapt to these technological changes to enhance the customer experience, streamline operations, and stay relevant in the market.

Regulatory policies and compliance requirements also impact Pick n Pay's operations. Government regulations related to labor, taxes, food safety, and environmental sustainability can impose additional costs and affect business practices.

Lastly, social trends and cultural factors shape consumer preferences and expectations. Growing awareness of sustainability, ethical sourcing, and social responsibility can influence consumer choices and impact Pick n Pay's reputation.

Conducting further research on the specific market dynamics, industry trends, and competitive landscape will provide a deeper understanding of the environment in which Pick n Pay operates. This knowledge will enable the company to make informed decisions, identify growth opportunities, and effectively respond to the ever-changing business landscape.

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Coffee is weighted more than tea in the calculation of the CPI if  consumers buy more coffee than tea. Weights in the CPI are determined by the importance of the good to the consumer. Thus, the correct answer is option C.

A consumer price index is a price index that measures the cost of a weighted average market basket of consumer goods and services bought by households. Changes in the measured CPI reflect price changes over time.

A CPI is a statistical estimate based on the prices of a representative sample of items whose prices are collected on a regular basis. If consumers buy more coffee than tea, coffee is weighted higher in the CPI calculation. The importance of the good to the consumer determines the weights in the CPI.

Therefore, option C is correct.

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-0.8 is the price elasticity of demand using the mid-point method.

What do you mean by demand elasticity?

Demand elasticity is a significant deviation from the general definition of demand. Demand can be divided into unitary, inelastic, and elastic categories.

                        When the quantity demanded changes significantly as a result of a price shift, there is an elastic demand. Demand elasticity, income elasticity, cross elasticity, and price elasticity are the four different types of elasticity.

Elasticity of demand = % change in quantity demanded / % change in price

1. % change in quantity demanded = (60000 - 100000)/100000 * 100

= - 4000000/100000 = -40

% change in price = (1.50-1)/1 *100 = 50

Elasticity of demand = -40/50 = -0.8

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Answer:

Beatrice

Explanation: she makes the most money so she has to pay more in tax

Based on the tax rate and the annual income of the people, the person with the higher tax burden is Beatrice.

Beatrice is the highest earner in the group as they earn $190,000. They will therefore have the highest tax burden of $19,000 as opposed to the others who have lower salaries.

In conclusion, Beatrice is correct.

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