The collecting bank advises the remitting bank on the non-payment of the instrument when the collection letter indicates FATE: non-acceptance and PROTEST: do not protest. Option C.
When a collection letter is prepared and it indicates FATE (non-acceptance) and PROTEST (do not protest), it means that the collecting bank is involved in the process and it is advising the presenting bank or remitting bank about the non-payment of the instrument.
In this case, the collecting bank is informing the remitting bank that the payment for the instrument has not been made.
The term FATE (non-acceptance) refers to the situation where the drawee (the party on whom the instrument is drawn) refuses to accept the instrument, typically a bill of exchange or a promissory note. This indicates that the drawee does not agree to the terms and conditions of the instrument and is unwilling to honor the payment.
The term PROTEST (do not protest) indicates that the collecting bank has decided not to initiate a formal protest against the non-acceptance of the instrument. A protest is a formal legal action taken to document the refusal to accept or pay an instrument and is typically initiated by a notary public.
Therefore, when the collecting bank advises on non-payment and does not initiate a protest, it means that the bank is notifying the remitting bank about the non-payment situation but has chosen not to take formal legal action through a protest. Option C is correct.
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How do increasing education rates lead to reduced expenditures on public health programs?(1 point)
A. Increased education correlates to increased income, which reduces the demand for programs that assist low-income individuals and families.
B. It does not.
C. Educated people have a better understanding of good health-care practices and therefore require less medical care.
D. Educated people are more likely to become doctors.
Answer: A. Increased education correlates to increased income, which reduces the demand for programs that assist low-income individuals and families.
Explanation: Higher education levels are often associated with higher income levels. When individuals have higher incomes, they are more likely to have access to private health insurance and the financial means to afford healthcare services. This reduces their reliance on public health programs or assistance that are designed to help low-income individuals and families who cannot afford private insurance or medical expenses.
By increasing education rates, individuals have better opportunities for employment and higher-paying jobs. This leads to increased income levels and a reduced need for public health programs that provide financial assistance for healthcare.
Which of the following illustrates the most economically sound choice for brad? buying both a car and a home leasing both a car and home buying a car and leasing a home leasing a car and buying a home
Buying both a car and a home best illustrates economics sound choice of brad.
What is a brad?A brad is a device that have a slight projection that help to fasten paper or object. It is a thin, soft metal, such as shim brass, wihich has a round head and a flat, split shank, which spread wide on pages or as a cotter pin or a split rivet.
They are use to attach shoe moldings and fastened small ornamental parts on furnitures Brads are use to glue wooden parts together.
Therefore, Buying both a car and a home best illustrates economics sound choice of brad.
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Answer: Keep it simple: A
Explanation:
buying both a car and a home
A company determines that the number of units of a product demanded is: q=300-15√p for 0 SPS 400 units when the price is p dollars per a) Find & simplify a formula for the product's price elasticity of demand. b) Determine elasticity of demand at a price of $64. Is demand elastic or inelastic at this price? c) Find, algebraically, the price in which the product is unit elastic.
This equation has no solution, which means there is no specific price at which the product has unit elasticity.
What is the formula for calculating the present value of a future cash flow?The formula for the price elasticity of demand (PED) is given by:
PED = (% change in quantity demanded) / (% change in price)To determine the elasticity of demand at a price of $64, we need to calculate the percentage change in quantity demanded and the percentage change in price. Since we are given the demand function q = 300 - 15√p, we can calculate the derivative of q with respect to p to find the rate of change:
dq/dp = -7.5 / √pNow, we can substitute the given price of $64 into the derivative:
dq/dp = -7.5 / √64 = -7.5 / 8 = -0.9375Since we are looking for the elasticity of demand, we need to consider the absolute value of the derivative:
|dq/dp| = |-0.9375| = 0.9375The demand is elastic if |dq/dp| > 1 and inelastic if |dq/dp| < 1. In this case, |dq/dp| = 0.9375, which is less than 1. Therefore, the demand is inelastic at a price of $64.
To find the price at which the product is unit elastic, we need to find the price at which the price elasticity of demand (PED) equals
Using the demand function q = 300 - 15√p, we can set the PED formula equal to 1 and solve for the price p:
1 = (% change in quantity demanded) / (% change in price)1 = (-7.5 / √p) / (dq/dp)1 = (-7.5 / √p) / (-15 / √p)1 = 0.5Simplifying the equation, we find:
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Interest earned on a savings account is _____.
Explanation:
Interest earned on a savings account is everfi
Describe how your three treatments improved the diffusion rate in your patient’s lungs. Include concentration difference, diffusion distance, concentration gradient, and surface area and in your answer.
When receiving oxygen via nose, the alveolar oxygen level rises and the concentration of oxygen relative to carbon dioxide in the lungs rises.
What is constriction?The diffusion distance is unaffected by this therapy if the bronchioles are constricted as a result of inflammation and/or mucus buildup. Alveoli's potential surface area for diffusion is likewise unaffected.
Despite the increase in the concentration of oxygen that is accessible in the alveoli, the diffusion distance remains same, preventing oxygen from reaching the circulation.
Thus, When receiving oxygen via nose, the alveolar oxygen level rises.
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What is the over time pay rate
Answer:
overtime pay rate is the amount of money you would make from working overtime. sokets say you made 80,000 dollers a year and you staryed 15 hours your overtime pay rate
Explanation:
Overtime hours are hours worked over 40 in a single work week.
Example: At 45 hours for the week, Sasha worked five overtime hours in a week.
when should a company use an activity-based flexible budget with multiple cost drivers instead of 2) __ _ a simple flexible budget with one cost driver?
A company should use an activity-based flexible budget with multiple cost drivers when the costs of different activities vary significantly and cannot be accurately captured by a simple flexible budget with one cost driver.
Why is it necessary to use an activity-based flexible budget with multiple cost drivers?Activity-based flexible budgets with multiple cost drivers offer a more accurate representation of costs by considering the unique cost drivers associated with each activity within a company. This approach recognizes that different activities have different cost structures and consumption patterns.
By incorporating multiple cost drivers, such as labor hours, machine hours, or units produced, the budget can better reflect the variations in resource utilization across different activities.
When costs are driven by diverse factors, a simple flexible budget with one cost driver may fail to capture the true cost behavior accurately. This limitation can lead to distortions and inaccuracies in budgeting, making it challenging for management to make informed decisions based on the budgeted amounts.
For example, in a manufacturing company, production costs may be influenced by both direct labor hours and machine hours. A simple flexible budget that relies solely on direct labor hours as the cost driver may overlook the impact of machine usage on costs. By employing an activity-based flexible budget with multiple cost drivers, the company can account for the influence of both labor and machine usage, resulting in a more precise estimation of costs.
In summary, a company should use an activity-based flexible budget with multiple cost drivers when the costs of various activities exhibit significant variations and cannot be accurately represented by a simple flexible budget with one cost driver. This approach provides a more comprehensive and accurate understanding of cost behavior, enabling better decision-making and resource allocation.
- Activity-based costing (ABC) and its benefits in budgeting and cost management.
- Techniques for identifying and selecting appropriate cost drivers for different activities within a company.
- The importance of aligning cost drivers with the underlying activities to enhance budget accuracy and decision-making.
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in recent years, real wages of the least educated workers:
1- have increased faster than the real wages of college-educated workers
2-have decreased, while the real wages of college-educated workers have increased
3-have increased, but by less than the real wages of college-educated workers.
4-have decreased at about the same rate as the real wages of college-educated workers
5- have decreased, but by less than the real wages of college-educated workers
In recent years, the real wages of the least educated workers have increased, but by less than the real wages of college-educated workers. (3)
This trend can be attributed to several factors. Firstly, technological advancements have increased the demand for skilled labor, leading to higher wages for college-educated workers.
Secondly, globalization has resulted in a shift of low-skilled jobs to countries with lower labor costs, suppressing wage growth for the least educated workers. Lastly, an increase in the supply of college-educated workers due to a higher emphasis on education has widened the wage gap between the two groups.
While real wages have increased for both groups, the gap between them has continued to grow, with college-educated workers experiencing a larger increase in real wages compared to their less educated counterparts.
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The AutoSum icon is located in
which of the following groups on the
Home tab? *
Answer:
The AutoSum option can be found in two areas: It is contained in the Editing group of the ribbon, as shown in the first example above. It can also be found under the Formulas tab.
When a spelling error is indicated, what is a quick way to see a list of possible corrections?
Left click on the spelling error
Cut the spelling error
Highlight the spelling error
Right click on the spelling error
Select the correct answer.
Why do some critics feel that the IMF should not act to influence exchange rates under some conditions?
A.
They believe that wild swings in currency exchange rates are healthy.
B.
They believe that currencies must find their own market levels.
C.
They fear that the IMF may take over the country’s economy.
D.
They fear that politicians may be using the IMF to cover up their actions.
Answer:
Explanation:
They believe that currencies must find their own market levels.
Why does the US import oil?
A.because it has exported too much oil
B.because it does not produce any oil
C.because it does not produce enough oil
D.because it has exported too little oil
Answer:
C. because it does not produce enough oil.
Explanation:
Although, the United States is one of the leading producers of oil, yet still import oil because it does not produce enough oil to meet the demand of its citizens. In other words, the United States consumes more than what she can produce.
Another reason is that most refineries in the United State are created basically for heavy crude whereas most of what she produce are light crude oil. The United States import the oil she is able to process while she export to other countries to complete the setup process.
The remedy to the above situation is when new refineries are built which are somewhat expensive or the existing refineries are upgraded to meet with the demand.
Answer:
D. Because it does not produce enough oil.
edg 2020.
In the marketing mix, product refers to activities that communicate the merits of a product and persuade target customers to buy it.
a. true
b. false
The statement in the marketing mix, product refers to activities that communicate the merits of a product and persuade target customers to buy it is: True.
What is marketing mix?Marketing mix can be defined as the technique or strategies use by companies to create awareness about their product or brand.
The statement is true because with marketing mix a company can make use of price, product, promotion to attract and persuade potential customers to buy the product.
The marketing mix are:
PriceProductPromotionPlaceTherefore the statement is true.
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Which three components are characteristic of a Pitch Deck? (Choose three) Question 34 options: Highly Visual 10-100 pages Highly Text-Based 10-20 slides Used to Get Investors Attention Used to Get Investor Buy-In
Based on marketing strategy, the three characteristics of a Pitch Deck include Highly Visual 10-100 pages.
What is Pitch Deck?Pitch Deck is a marketing term used to describe the presentation to sell firms or business ideas to targeted audiences, who are expected, investors.
Other characteristics of a Pitch Deck include the following:Used to Get Investors Attention Used to Get Investor Buy-InHence, in this case, it is concluded that the correct answer is options A, C, and D.
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Answer: The answer should be 10-20 slides, used to get investors attention, and highly visual. Please let me know know if i am wrong
Explanation:
The market for corn in Mexico has a large number of sellers and buyers, and there is no difference in the products sold by each seller. As a result, prices are determined by the
Answer:
Interactions between the sellers and buyers in the market.
Explanation:
laws of supply and demand in the Mexican corn market. When there is a surplus of corn, the price tends to decrease as sellers compete to sell their products. Conversely, when there is a shortage of corn, the price tends to increase as buyers compete to purchase the available products. Therefore, the prices are determined by the interactions between the sellers and buyers in the market.
other things being constant, what will be the effect of on consumption when the stock prices increase sharply?
A. decrease
B. Increase
C. No change
D. Can't determine
The effect of an increase in stock prices on consumption is typically B. increase. Other things being constant, the effect of a sharp increase in stock prices is typically an increase in consumption.
When stock prices increase sharply, it generally leads to an increase in the wealth of individuals who own stocks. This increase in wealth can have a positive impact on consumer confidence and overall economic sentiment, leading to increased consumption.
The wealth effect suggests that as individuals feel wealthier due to the appreciation of their stock holdings, they are more likely to spend and consume more. This can include purchasing goods, services, or making investments. Increased consumption can have a stimulating effect on the economy and contribute to economic growth.
It is important to note that individual reactions to changes in stock prices can vary, and not all individuals may respond in the same way. Additionally, other factors such as personal financial circumstances, economic conditions, and consumer sentiment can also influence consumption behavior. However, as a general trend, an increase in stock prices often leads to an increase in consumption.
Other things being constant, the effect of a sharp increase in stock prices is typically an increase in consumption. However, individual reactions and other factors can influence the actual impact on consumption behavior.
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What is a legal description that uses longitude, latitude, townships and sections called?
A legal description that uses longitude, latitude, townships and sections called rectangular survey system
Survey system developed through the use of longitude (north-south) and latitude (east-west) lines for land surveying. The goal was to build townships, which are grids of uniformly sized squares with a numerical reference for identification. The point of origin, or starting point, for the land survey is where the Base Line in the United States' Rectangular Survey System intersects with its major meridian. Consider the fact that Nebraska and Kansas share a baseline since their shared border is located at the 40th parallel north.
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What accounts are affected. issued check $644 to pay for an advertisement
Answer:
Bank and Advertisement accounts
Explanation:
Journal entries
Advertisement A/c Dr $644
To Bank A/c $644
(Being advertisement expenses made by cheque)
Bank and Advertisement accounts are affected
HELP HELP HELP!!! Why would an investor choose to invest in speculative stocks when he or she could invest in blue-chip stocks instead?
Answer:
They offer potentially high returns to compensate for the high risk associated with them!
Step One: Review several stocks by looking at stock tables and reading news articles. When you read about the company, be on the lookout for information, such as what products or services they sell, if they have any new products, and if the company has been making a profit. Select one stock to pretend to invest in.
Long Text (essay)
Answer the following questions about the stock you choose to pretend to track:
What is the name of the company and the stock symbol you chose?
What is the P/E ratio?
What information did you find about the company?
Why did you choose this stock?
The company I chose to track is Apple Inc. with the stock symbol AAPL. As of May 4, 2023, the P/E ratio for AAPL is 31.39.
In my research, I found that Apple is a technology giant that sells a range of products such as iPhones, iPads, Macs, and wearables like the Apple Watch. The company is also known for its software and services, including the App Store, Apple Music, iCloud, and Apple Pay. Apple has been consistently making a profit and is considered one of the most valuable companies globally.
In recent news, Apple has been making strides in the field of healthcare with the launch of the Health app and HealthKit, which allows users to track and monitor their health data. Overall, I believe Apple is a strong and reliable investment choice for long-term growth potential.
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Information concerning a product produced by Ender Company appears here: Sales price per unit $ 165 Variable cost per unit $ 82 Total annual fixed manufacturing and operating costs $ 572,700 Required Determine the following: Contribution margin per unit. Number of units that Ender must sell to break even. Sales level in units that Ender must reach to earn a profit of $124,500. Determine the margin of safety in units, sales dollars, and as a percentage.
To determine the margin of safety in sales dollars, we multiply the margin of safety in units by the sales price per unit. And to find the margin of safety as a percentage, we divide the margin of safety in units by the actual sales level and multiply by 100.
To determine the contribution margin per unit, we subtract the variable cost per unit from the sales price per unit. In this case, the contribution margin per unit would be $165 - $82 = $83.
To calculate the number of units Ender must sell to break even, we divide the total fixed costs by the contribution margin per unit. So, $572,700 / $83 = 6,900 units.
To find the sales level in units that Ender must reach to earn a profit of $124,500, we need to add the desired profit to the total fixed costs and divide the sum by the contribution margin per unit. Thus, ($572,700 + $124,500) / $83 = 8,100 units.
The margin of safety in units can be calculated by subtracting the break-even point (6,900 units) from the actual sales level. For example, if the actual sales level is 10,000 units, the margin of safety would be 10,000 - 6,900 = 3,100 units.
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Which of the following decisions is most likely to create a temporary diseconomy of
scale? (Select the best answer.)
A)Buying supplies in bulk
B)Buying an expensive piece of machinery
C)Hiring employees who specialize
D)Using division of labor
Answer:
Buying an expensive piece of machinery
Explanation:
ECONOMICS
Determine whether each characteristic describes a sole proprietorship, a general partnership, or a corporation. Note that a characteristic may apply to more than one type of business structure.(2 points)
The characteristic that describes a sole proprietorship makes a corporation sole proprietor. Option B. This is further explained below.
What is a sole proprietorship?Generally, a sole proprietorship is simply defined as a kind of unincorporated firm in which the earnings are reported and taxed by the owner as a part of his or her personal income.
In conclusion, Individuals who hold single proprietorships are responsible for all financial obligations of the company.
When two or more individuals work together to run a company, they are said to be "in partnership."
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Answer: Stocks may be issued to generate income- Corporation
There are 1 or more owners-Sole Proprietorship, General Partnership, Corporation
Liability is unlimited or can be unlimited-Sole Proprietorship, General Partnership.
$200 a month for car insurance geico is that normal?
the money multiplier is question content area bottom part 1 a. equal to bank reserves divided by the change the quantity of money. b. the amount by which a change in the quantity of money is multiplied to determine the change in the monetary base. c. equal to bank reserves divided by the change in the monetary base. d. the amount by which a change in the monetary base is multiplied to determine the change in the quantity of money.
The correct answer is (d) the money multiplier is the amount by which a change in the monetary base is multiplied to determine the change in the quantity of money.
The money multiplier is a key concept in macroeconomics and refers to the relationship between the monetary base (currency in circulation and bank reserves held at the central bank) and the money supply in the economy. When the central bank increases the monetary base, banks can use their excess reserves to make new loans, which in turn increases the money supply in the economy. The money multiplier is the ratio of the change in the money supply to the change in the monetary base that caused it. Therefore, the correct option is (d).
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Which condition is a result of open competition in a free market system?
A. Poor customer service
B. Government regulation
C. Higher prices
D. Higher quality goods
A result of open competition in a free market system is higher quality goods (option D).
What is the result of open competition?
Competition is when there are many producers operating in a particular industry. Competition is high in purely competitive markets and low in a monopoly. This is because in a pure competition, there are many producers while there is only one producer in a monopoly.
Due to the high level of competition in an industry, prices would be more likely to be low. This is because producers would want to attract more consumers by fairly pricing their goods. Also, producers would want to offer good customer service in order to retain consumers as there are many competing producers in the market. High quality goods are also a way to attract an retain customers.
A free market system is a market system where prices are set by the forces of demand and supply. There is no government regulation in this type of market.
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The system in which the country pegs its currency (e.g., Chinese yuan, Saudi Arabian riyal) at a fixed rate to a major currency or basket of currencies, while the exchange rate fluctuates within a narrow margin around a central rate is called a(n)
The system described above refers to the Fixed Exchange Rate System.
What is the fixed exchange rate system?The fixed exchange rate system is a term that refers to the exchange regime of a monetary unit whose value is adjusted according to the value of another reference currency such as the Dollar or the Euro.
According to the above, the currencies of different countries gain or lose value according to their change with respect to the reference currencies.
This system has become widespread in the world with the aim of facilitating trade and investment between countries with the reference currencies.
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1 số tên các doanh nghiệp độc quyền hoặc độc quyền nhóm ở Việt Nam
how many tines in earth does the sun intersect equartor
Answer:
два
Explanation:
Both financial and managerial accounting rely on accepted principles that are enforced through an extensive set of rules and guidelines. True False
Answer:
false
Explanation:Only financial accounting has extensive set of rules and guidelines that is issued by external bodies and which organisation are bound to follow.