a company acquires land by issuing 10,000 shares of its $10 par value common stock which is currently trading at $20 per share, and the appraised value of the land is $250,000. which of the following statements correctly describes the recording of the land?
Answers
The land should be valued at $200,000 to reflect the value of the trade-off.
What does accounting "recording" mean?
Accounting recording is the process of monitoring a company's finances utilizing a variety of data sources to assess various financial variables. Companies, for instance, may keep track of all business transactions, such as the acquisition of new equipment, the selling of goods, the cost of providing services, and personnel expenditures.
In the accounting cycle, what is recording?
A journal entry is the documentation of a business transaction. A journal entry may also provide a description of the transaction and displays all the repercussions of a business transaction as indicated in debits and credits. Prior to being put into ledger accounts, a transaction is first recorded in a diary.
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If fixed costs are $240,000, the unit selling price is $36, and the unit variable costs are $20, what is the break-even sales (units)?Break-even Point:The Break-Even Point represents the volume of product sales where the company incurs neither profit nor loss. It can be calculated in units by dividing the total fixed costs by the contribution margin. The contribution margin is the selling price of the unit minus the unit's variable costs. Several things can increase/decrease the break-even point including an increase/decrease in fixed costs (rent, salaries, depreciation) or a decrease/increase in the contribution margin.
Answers
The break-even point in units is 15,000 units. The company needs to sell 15,000 units to cover its fixed costs and break even.
Break-even point (units) = Fixed costs / (Unit selling price - Unit variable costs)
Substituting the given values, we get:
Break-even point (units) = $240,000 / ($36 - $20)
Break-even point (units) = $240,000 / $16
Break-even point (units) = 15,000 units
Break-even sales is a crucial concept in business that refers to the point at which a company's revenue exactly covers its total costs, resulting in zero profit or loss. It is the point where a business neither earns nor loses money, and it is a useful tool for business owners and managers to determine the minimum level of sales they need to achieve in order to cover all their costs.
A business must identify its fixed costs (such as rent, salaries, and utilities) and variable costs (such as materials and labor) associated with producing and selling its products or services. Once these costs are determined, the break-even point can be calculated by dividing the total fixed costs by the difference between the price of the product or service and the variable cost per unit.
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Complete Question:
If fixed costs are $240,000, the unit selling price is $36, and the unit variable costs are $20, what is the break-even sales (units)?
Business are centers that offer businesses in the critical stage of early development low-cost offices and access to basic services such as accounting, legal advice, and secretarial help.a. Trueb. False
Answers
The given statement "Business are centers that offer businesses in the critical stage of early development low-cost offices and access to basic services such as accounting, legal advice, and secretarial help" is true. Incubators provide start-up companies with inexpensive offices and essential services like accounting, legal counsel, and secretarial assistance during their crucial early development stage.
According to SCORE business counsellor Ron Consolino, the U.S. Small Business Administration asserts that five factors—drive, thinking ability, people skills, effective communication, and technical aptitude—determine a small business owner's success. These are the people who frequently use their own funds to finance companies. This investment may be made in accounting for stock or a stake in the company. When management is no longer able to personally oversee or control an organization's operations, the internal controls become crucial.
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Answer:
incubators
Explanation:
The equilibrium quantity in markets characterized by oligopoly is higher than in monopoly markets and higher than in perfectly competitive markets. lower than in monopoly markets and higher than in perfectly competitive markets. higher than in monopoly markets and lower than in perfectly competitive markets. lower than in monopoly markets and lower than in perfectly competitive markets.
Answers
Answer:
higher than in monopoly markets and lower than in perfectly competitive markets.
Explanation:
An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.
Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.
The characteristics of an oligopolistic market structure are;
I. Mutual interdependence between the firms.
II. Market control by many small firms.
III. Difficult entry to new firms.
An equilibrium quantity can be defined as a situation in which there are no surplus or shortage of finished goods in the market.
This ultimately implies that, there is an intersection between demand and supply i.e the amount of goods and services that the consumers are willing to buy is equal to the amount of goods and services that the producers are able and willing to supply at a specific period of time.
Hence, the equilibrium quantity in markets characterized by oligopoly is higher than in monopoly markets and lower than in perfectly competitive markets.
A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. This ultimately implies that, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes.
In a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.
for a manufacturing company that set a strategic goal to reduce waste by 15%, each division in the organization can use the ________ to identify tactical goals that support waste reduction.
Answers
Each division in the company can use the action plan.
Let understand that Action plan is basically an organization checklist which lays out the tasks needed to complete in order to accomplish predetermined goal.
An Action plan helps to clarify the following
It helps to know the resources required to reach the goal.It creates a timeline for how the specific tasks need to be completedIt also determine what resources are needed for the task.In conclusion, the action plan will help the manufacturing company in setting the strategic goals, formulating timeline for the goal and helps to know what resources are needed for the goal.
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Erin's weekly health deduction from her check is $5.35. If his employer pays 80% of the premium, how much is her annual premium?
Answers
Answer:
Explanation:
I assume they are asking for the total premium paid per year, but I will also show just the amount she pays per year.
To figure out the total annual premium:
If the employer pays 80%, then the employee pays 20% (100%-80%).
Total Premium x .20% = 5.35
Total Premium = 5.35/.2 (20%)
Total Premium = 26.75 per week
Total annual premium is 26.75 x 52 weeks = 1,391
‘The employee only pays 20% or 5.35 per weekly paycheck. Her annual costs is 5.35 x 52 weeks=278.20
Pls help i need help fast pls
The percentage of a person's pay that is deducted for FICA-Social Security is _____.
Group of answer choices
6.2%
1%
3%
10%
Answers
Answer:
6.2%
Explanation:
According to the Employers Tax guide Employer's publication 15 of 2020, an employee social security deduction should be 6.2% of their gross pay. It means the employee is deducted 6.2% of gross pay as social security tax. The employer is also expected to contribute 6.2% of the employee' gross pay.
What are 2 different payments relating to insurance that are used for almost all kinds of insurance?
Answers
Answer:
credit or debit?
Explanation:
Which type of business does not hold owners accountable for the debts of
the business?
OA. Sole proprietorship
OB. LLC
OC. Partnership
A
OD. Private company
Answers
Answer:
Limited Liability Company (LLC)
Explanation:
A limited Liability Company (LLC) is a business structure in the United States that protects its owners from the personal responsibility for its repayment of debts and liabilities. It is a hybrid entity that has the characteristics of a corporation, partnership and sole proprietorship. The regulation of LLC's varies from one state to another. An entity or individual can be a member of an LLC with notable exceptions from banks and insurance companies. The primary reason for registering a business under LLC is to limit the personal liability of the owners as well as the partners. LLC may have some attractive features but they also possess some great disadvantages as well. Depending upon the state law, an LLC may be dissolved upon the death or bankruptcy of a member.
Using the crossover mileage between the hybrid vehicle and the alternative vehicle from a competing auto manufacturer below, what is the crossover point in years? Hybrid Vehicle Vehicle Purchase Cost $18 comma 000 Vehicle Operating Cost per Mile $0.13 Useful Life of Vehicle 14 Miles per Year 16 comma 500 Miles per Gallon 31 Average Fuel Price per Gallon $3.95 Alternative Vehicle Vehicle Purchase Cost $19 comma 500 Vehicle Operating Cost per Mile $0.10 Useful Life of Vehicle 14 Miles per Year 16 comma 500 Miles per Gallon 36 Average Fuel Price per Gallon $3.95 Given that the crossover mileage is 31 comma 449 miles, the crossover point in years is nothing years (round your response to two decimal places).
Answers
Answer:
1.91 years
Explanation:
The car manufacturer assumed that the owners of both cars would drive them on average 16,500 miles per year. So they made all their cost calculations based on that average annual mileage, and the final result was the crossover point of 31,449 miles. To determine the crossover point in years, all you need to do is divide 31,449 miles by 16,500 miles = 1.906 years ≈ 1.91 years
You are the newly hired Operations Manager of ACME Dive Gear Manufacturing, and will oversee the production, Quality Assurance (QA), and maintenance departments. Your goal is to overall ACME from a scientific management to contemporary management approach. In your response describe and justify your response.
Define scientific management and choose a contemporary management technique from the textbook.
How will this shift change the organizational structure?
Which theory from the textbook will you choose to motivate your employees? Why?
How will this change affect the job design?
Answers
The shift from scientific management to a contemporary approach involves adopting Total Quality Management (TQM) and the Self-Determination Theory (SDT) to improve efficiency, empower employees, and enhance job design at ACME Dive Gear Manufacturing. This shift will promote collaboration, intrinsic motivation, and skill development, leading to innovation.
The shift from scientific management to a contemporary management approach involves embracing Total Quality Management (TQM) as a technique to improve the overall operations of ACME Dive Gear Manufacturing. Scientific management focuses on standardization, specialization, and control of work processes to increase efficiency. However, this approach often neglects the importance of employee engagement, creativity, and quality improvement. On the other hand, TQM emphasizes customer satisfaction, continuous improvement, and employee involvement in decision-making.
By adopting TQM, ACME will experience a significant change in its organizational structure. The focus will shift from hierarchical control to a more decentralized and participative structure. Teamwork and collaboration will be encouraged across different departments, enabling employees to contribute their ideas and expertise. This shift will promote a sense of ownership and accountability among employees, leading to a more empowered and engaged workforce.
To motivate employees in this new management approach, the Self-Determination Theory (SDT) can be applied. SDT suggests that individuals are driven by intrinsic motivation, such as autonomy, competence, and relatedness. ACME can tap into these intrinsic motivators by providing employees with opportunities for skill development, autonomy in decision-making, and fostering a supportive work environment. By aligning the organizational goals with the employees' intrinsic needs, ACME can enhance employee satisfaction, engagement, and overall performance.
The shift to a contemporary management approach will also impact job design within ACME. In scientific management, jobs are often narrowly defined and repetitive, which can lead to boredom and decreased job satisfaction.
With the adoption of a contemporary approach, ACME can implement enriched job designs that offer more variety, autonomy, and opportunities for skill development. Jobs can be redesigned to include tasks that require problem-solving, decision-making, and creativity, empowering employees to take ownership of their work and contribute to the continuous improvement of processes and products.
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Wholesome Foods, a small organic produce company, contributes to the community it operates in and toward the quality of life by donating produce to needy families in the community. This fulfills its
Multiple Choice
economic responsibility.
legal responsibility.
ethical responsibility.
voluntary responsibility.
political responsibility.
Answers
It demonstrates ethical and voluntary responsibility, as it is not required by law and it aligns with the company's values and commitment to social responsibility.
The correct answer is C.
In general , Ethical responsibility refers to the moral obligations that a business has to its stakeholders, such as customers, employees, suppliers, and the community in which it operates. It involves making decisions that align with ethical values and principles, even if they are not required by law or regulations.
On the other hand ,economic responsibility and legal responsibility are important aspects of business, ethical responsibility goes beyond them and involves making decisions that are not only profitable and legal, but also morally justifiable.
Hence , C is the correct option
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Mark wrap with the 20 minute hold time, and any special guest requests.
Answers
Question 6 of 10
Which of the following skills do employers in any field expect their employees
to have?
A. Ability to use a cash register
B. Ability to lift at least 30 pounds
C. Ability to use word processing software
D. Ability to provide a healthy work environment
SUBMIT
Answers
Answer:
Ability to provide a healthy work environment
Explanation:
All the other answers comes with training and is dependant upon the role
assume a simplified banking system in which all banks are subject to a uniform reserve requirement of 20 percent and checkable deposits are the only form of money. a bank that received a new checkable deposit of $10,000 would be able to extend new loans up to a maximum of a. $2,000. b. $8,000. c. $9,000. d. $10,000.
Answers
Assume a simplified banking system in which all banks are subject to a uniform reserve requirement of 20 percent. a bank that received a new checkable deposit of $10,000 would be able to extend new loans up to a maximum of $8000
What is the banking system?Generally, A collection or network of organizations that work together to provide banking services is known as a banking system.
Commercial, national, and investment banks are the primary components of the most important categories of banking systems. Credit unions are often included in the definition of a banking system as well.
Reserve required = 20%, A commercial bank would retain reserves equal to twenty percent of one hundred thousand dollars, which is two thousand dollars.
Therefore, a commercial bank is unable to utilize the sum of $2000 for the purpose of loan creation.
A commercial bank has a lending capacity of = $10,000 minus $2,000, which is equal to $8000.
As a result, the amount of the loan that might be created is a maximum of $8000.
The appropriate response, therefore, is a. $8,000
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atlantic sales has cost of goods sold of $100,000 and average inventory of 40,000. calculate the firms inventory turnover ratio.
Answers
The company’s inventory turnover ratio comes out to 2.0x, which indicates that the company has sold off its entire average inventory. The firm's inventory turnover ratio Ending Inventory is $40,000.
Suppose a retail company has the following income statement and balance sheet data.
Cost of Goods Sold (COGS) = $100,000
Beginning Inventory = $60,000
Ending Inventory = $40,000
For 2021, the company’s inventory turnover ratio comes out to 2.0x, which indicates that the company has sold off its entire average inventory approximately 2.0 times across the period.
$100,000 / Average ($60,000, $40,000) = 2.0x
Inventory refers to all of the items, items, merchandise, and materials held with the aid of an enterprise for promotion in the marketplace to earn an income. example: If a newspaper vendor uses a car to supply newspapers to the customers, simplest the newspaper will be considered stock. The vehicle might be dealt with as an asset. stock is the accounting of gadgets, aspect parts, and uncooked substances that a business enterprise either uses in manufacturing or sells.
As an enterprise leader, you exercise stock management so that you can make certain that you have sufficient stock on hand and discover when there may be a scarcity. irrespective of the size of your organization, having a proper inventory management system could be very important for any business. It can help you preserve the tune of all your supplies and determine the precise prices. it may also help you manage sudden modifications in calls without sacrificing client experience or product excellence.
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When actual unemployment is less than its natural rateA. the economy is expanding beyond its long-run capabilities.B. the economy is producing within its long-run capabilities.C. the numbers must be wrong because the actual unemployment rate can never be less than the natural rate.D. the economy is in a recession.E. the economy must be experiencing high inflation.
Answers
The actual unemployment is less than its natural rate: the economy is expanding beyond its long-run capabilities.
when the real unemployment rate is lower than the actual unemployment rate?If the unemployment rate is lower than the natural rate, it means that the economy is expanding faster than it can maintain, which puts pressure on wages and prices generally and raises inflation.
When the natural unemployment rate is lower than the actual unemployment rate, is the economy in a recession, according to the answer options in the gap?When the actual unemployment rate falls below the natural unemployment rate, this is known as negative cyclical unemployment. The economy enters a stage where the real GDP exceeds the potential GDP as a result of this circumstance.
What happens if the natural rate of unemployment is higher than the actual rate?According to the theory, inflationary expectations rise when the actual unemployment rate is below the NAIRU level for a few years, which causes the inflation rate to lean toward growth. Inflationary expectations diminish as a result of the actual unemployment rate exceeding the NAIRU level.
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Which of the following is an example of intergenerational miscommunication?
O
Your teacher tells the class the homework at the end of the class period every day. You cannot write it down as fast as she mentions it.
Sometimes, you forget to check with a classmate before the end of school, so you can't complete your homework. It would be a lot easier
for you if the teacher wrote down the assignments.
You have new next-door neighbors, recently arrived from another country. They celebrate holidays that you have never heard of, and they
don't celebrate the holidays you do. The kids in the family have invited you over to dinner, but the food looks weird, and you're hesitant
Your grandmother is hurt because you did not send her a birthday card. You reply that you did—you texted her an animated birthday
message. It turns out she did not know how to receive it, but when you show her, she doesn't seem to feel much better at all.
Your younger brother has a little-kid crush on one of your friends and follows you two around everywhere. It's annoying, and he doesn't
stop unless you yell at him. Of course, then he starts crying, and your parents get mad at you
O
Answers
Answer:
Your grandmother is hurt because you did not send her a birthday card. You reply that you did—you texted her an animated birthday message. It turns out she did not know how to receive it, but when you show her, she doesn't seem to feel much better at all.
Explanation:
Your grandmother is older than you and doesn't know how to work a phone as well as you do because of the generational difference between the two of you.
Answer:
1. Your grandmother is hurt because you did not send her a birthday card...
2. Your younger brother has a little-kid crush on one of your friends and follows you two around everywhere...
3. Your teacher tells the class the homework at the end of the class period every day...
4. You have new next-door neighbors, recently arrived from another country...
Explanation:
Edge 2021-2022 :)
how can we control the quality in the tourism industry?
Answers
Answer:
Avoid mainstream and/or iconic destinations. ...
Make “second city” tourism a habit. ...
Highlight lesser known places. ...
Travel as slowly as possible. ...
Travel in smaller groups. ...
Make sure people in your photos have given consent.
don is an attorney who supplied a list of potential clients to a new attorney, lori. this list aided in the success of lori's practice. lori was very pleased and decided to do something for don. in the current year, lori gives don a new car worth $40,000. lori was not obligated to give this gift to don, and she did not expect don to perform future services for the gift. how much income, if any, should don report from this transaction and why?
Answers
Don must disclose his $40K in income. Even though there was no obligation to make the payment, the courts are likely to see the car as a payment for goods or services because the present was given in a professional setting.
What is income?Income is an entity's ability to save and spend money during a given period of time, and it is typically expressed in monetary terms. Conceptually, income can be difficult to define, and there may be variations depending on the field. The phrase "income" often refers to the total sum of cash, assets, and other value transfers received over a predetermined period of time in return for goods or services. There isn't a single, accepted definition of income; instead, the term is defined in light of the context in which it is used. Income is the money a person or organisation receives in return for labour, the creation of a good or service, or the use of capital.To learn more about income, refer to:
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Which of the following provides the best explanation for how consumer credit can exacerbate inequality?
Answers
Answer:
people with lower wealth and income may have less access to credit and pay higher interest rates when they are approved
Explanation:
Answer:the answer is A
Explanation:
people with lower wealth and incomes must scrifice more capacity and capital in order to acquire credit.
Stated concisely, the basic objective in cash management is ______.
a. collect early and pay late
b. collect early and pay early
c. collect late and pay early
d. collect late and pay late
Answers
The basic objective in cash management is collect early and pay late.
What cash management?Cash Management is known to be the daily work of managing cash inflows and outflows.
Cash management is referred to as the process of collecting and managing all of the cash flows of a firm. Cash management is known to be an important for individuals and companies.
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Which kind of company would be less likely to fire its CEO after a poor performance? A) a company with a symbolic view of management B) a company with a realistic view of management C) a company with an external view of management D) a company with an omnipotent view of management
Answers
D) a company with an omnipotent view of management. This is because in such companies, the CEO is often seen as all-powerful and able to control all aspects of the organization, including its performance. Therefore, if the company performs poorly, it is less likely that the CEO will be held solely responsible for the failure and consequently fired.
An explanation for this is that companies with an omnipotent view of management tend to attribute success or failure to the actions of the CEO, rather than external factors such as the economy or market conditions.
As a result, they may be less willing to hold the CEO accountable for poor performance and instead may look to other factors for explanations.
In summary, companies with an omnipotent view of management are less likely to fire their CEO after poor performance, as they tend to view the CEO as all-powerful and attribute success or failure to their actions.
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Who’s the intended audience in news articles
Answers
Newspaper readers have typically been more educated, wealthy, and older than non-newspaper audiences.
Who is a research's primary target audience?
The people who read your work are referred to as the "audience." A term paper or thesis, for example, may be produced for a professor or committee of professors. More frequently, a paper is produced for peers in your field, for others who pursue similar academic interests.
Who are the media's intended consumers or target audiences?A group of people who you've identified and wish to appeal to is what we refer to as a social networking target audience. Based on factors like age, occupation, income level, degree of education, geography, or behavior, for example. your target market for social media
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the _______ describes the series of stages through which a product passes over time.
Answers
The term you are looking for is "product life cycle." This concept refers to the stages that a product goes through from its introduction to the market to its eventual decline and removal from the market. The four stages of the product life cycle are introduction, growth, maturity, and decline.
During the introduction stage, the product is launched and sales are low as it gains awareness and acceptance. In the growth stage, sales increase rapidly as the product gains wider acceptance and competitors may enter the market. During the maturity stage, sales growth slows down as the product reaches its peak, and the market may become saturated. Finally, during the decline stage, sales decrease as the product becomes obsolete and is replaced by newer products. Understanding the product life cycle is important for businesses to make informed decisions about pricing, marketing, and product development strategies.
The term you're looking for is the "product life cycle." The product life cycle describes the series of stages through which a product passes over time. These stages typically include introduction, growth, maturity, and decline. Each stage has unique characteristics, and understanding them helps businesses manage their products effectively throughout their life cycle.
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Prepare Statement of Revenues, Expenditures, and Changes in fund balance for year ended December 31, 2015, for the General Fund of Dallas City, given following information: Fund balance, January 1, 2015 1,000,000 Property tax revenues 10,000,000 Licenses and fees revenues 1,000,000 General capital asset sale proceeds 300,000 (Equal to book value less 10%) Accrued interest on long-term notes 800,000 Accrued interest on short-term notes 300,000 Public safety expenditures 2,500,000 High way and street expenditures 3,000,000 Purchases of equipment 1,700,000 Proceeds from issuance of short-term notes 900,000 Proceeds from issuance of long-term notes 800,000 Payments to retire long-term notes 1,500,000 Payments to retire short-term notes 600,000 Interest payments 300,000 Encumbrances 1,300,000 Transfer from Debt Service Fund 200,000 Transfer to Capital Project Fund 600,000
Answers
Fund of Dallas City Statement of Revenues, Expenditures, and Changes in fund balance for the year ended December 31, 2015 is provided below:
Fund balance, January 1, 2015 1,000,000Property tax revenues 10,000,000Licenses and fees revenues 1,000,000 General capital asset sale proceeds 300,000 (Equal to book value less 10%)Accrued interest on long-term notes 800,000 Accrued interest on short-term notes 300,000Public safety expenditures 2,500,000 Highway and street expenditures 3,000,000Purchases of equipment 1,700,000 Proceeds from the issuance of short-term notes 900,000 Proceeds from the issuance of long-term notes 800,000
20151,000,000Dr.Add: Revenue Property tax revenues 10,000,000 Licenses and fees revenues1,000,000 General capital asset sale proceeds300,000 (Equal to book value less 10%)Total Revenue11,300,00011,300,000 Dr.Less: Expenditures Public safety expenditures2,500,000 Highway and street expenditures 3,000,000 Purchases of equipment1,700,000 Total Expenditures 7,200,0004,100,000 Dr.Excess of Revenues over Expenditures 4,100,000 Dr.Add: Other Financing Sources/Uses Proceeds from the issuance of short-term notes900,000Proceeds from the issuance of long-term notes800,000Total Financing Fund 600,000 Interest payments 300,000 Total Financing Uses 3,000,0002,800,000 Dr.Excess of Revenues and Other Sources over Uses2,800,000D
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If the product or service you sell is taxable, you must obtain is ———— A. A sales tax permit B. An employer identification number C. A business checking account D. Business cards
Answers
Answer:
The answer I prefer is
Explanation:
An employer identification number.
Hope this helps....
Have a nice day!!!!
What is the goal of materials handling? a. Minimize length of time product is held in storage b. Minimize time spent sorting delivered products c. Minimize the time spent coding and tagging products d. Minimize the number of times a product is handled e. Minimize the number of times a product is transported
Answers
Answer:
d. Minimize the number of times a product is handled
Explanation:
Material handling is the process by which products are passed from different stages of production and delivery before getting to the consumer.
Since material handling is an essential activity in production businesses plan to reduce cost on this activity.
The best way to reduce handling cost is to reduce the number of time a product needs to be handled.
That is reducing to the barest minimum the touch points in process like sorting, moving, preparing, and storing products
At the end of the current year, using the aging of receivable method, management estimated that $24,750 of the accounts receivable balance would be uncollectible. Prior to any year-end adjustments, the Allowance for Doubtful Accounts had a debit balance of $675. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense
Answers
Answer:
Dr Bad Debt Expense $25,425
Cr Allowance for Doubtful Accounts $25,425
Explanation:
Based on the information given the appropriate adjusting entry should the company make at the end of the current year to record its estimated bad debts expense will be
Dr Bad Debt Expense $25,425
Cr Allowance for Doubtful Accounts $25,425
($24,750+$675)
(To record estimated bad debts expense )
Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Answers
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
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
What is the difference between the
Standard Unemployment Rate and the
Real Unemployment Rate?
Answers
Answer:
The U-3 is the rate most often reported in the media. For the U-3 rate, the Bureau of Labor Statistics only counts people without jobs who are in the labor force. The U-6, or real unemployment rate, includes the underemployed, the marginally attached, and discouraged workers.According to Santangelo, “the difference between the official rate of unemployment (14.7 percent) and what's referred to as U-6 (22.8 percent), which is much closer to the truth, is generally 10 percent.” The April jobs report showed the difference to be slightly less but still significant.
Explanation: