Arrington Inc.'s total liabilities in 2021 were $1,305,000.
Arrington Inc. will need $95,439 of new long-term debt financing in 2022.
What were Arrington Inc.'s total liabilities in 2021?Equity = Common stock + Retained earnings
Equity = $490,000 + $205,000
Equity = $695,000
Total assets are equal to the sum of equity and total liabilities.
Total assets = Equity + Total liabilities
$2,000,000 = $695,000 + Total liabilities
Total liabilities = $2,000,000 - $695,000
Total liabilities = $1,305,000
The additional funds needed (AFN) can be calculated using the following formula: AFN = (A*/S₀) * ΔS - (L*/S₀) * ΔS - MS₁ * S₁
A*/S₀ = Total assets / Current sales
A*/S₀ = $2,000,000 / $2,900,000
A*/S₀ ≈ 0.6897
L*/S₀ = Total liabilities / Current sales
L*/S₀ = $1,305,000 / $2,900,000
L*/S₀ ≈ 0.4500
The change in sales:
ΔS = 30% * $2,900,000
ΔS = $870,000
AFN = (A*/S₀) * ΔS - (L*/S₀) * ΔS - MS₁ * S₁
AFN = 0.6897 * $870,000 - 0.4500 * $870,000 - (0.06 * $2,900,000) * (1 - 0.35)
AFN = $95,439.
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Why does this occur?
This has to be asked in context.
Christian is 33 years old, has been renting for the past five years, and is now thinking about purchasing a home by applying for a mortgage. Why is it important for him to check the information recorded on his credit report? Group of answer choices To confirm that his landlords' names are not on the report To verify the accuracy of his rental history To check the accuracy of his landlords' addresses To ensure that his roommates' names are on the report
Answer: To verify the accuracy of his rental history
Explanation:
Based on the scenario in the question, it is it important for Christian to check the information recorded on his credit report so as to verify the accuracy of his rental history.
He has to verify his rental history so as to know if there's a mistake or if the details written are not correct. To apply for the mortgage, he needs to ensure that the details are correct.
Helen inherited some money from her grandmother. She decided to open a coffee shop. She explored the main market area near her house to scope out the competition. The competitors were all famous branded coffee houses. They heavily advertised their coffee and had a lot of brand awareness among the customers. They sold their coffee at a low price, because they could divide the cost of operations over a large number of sales. There was an area near a business center that seemed distant from these branded coffee houses. She decided to rent this location for her shop. She realized that she would also need to serve coffee that at least equalled the standards of the branded coffee houses.
Answer:
Helen decided to rent her shop in this location.
Explanation:
Helen choose to rent her shop in the location where there are many competitors. The competitors are well established branded coffee houses who serve coffee to their customers at very low price. In this situation customers will not move to any new coffee house. So Helen decided differentiating her coffee shop from other coffee houses and she decided to open a coffee shop where there are less or no competitors available.
I have been wanting to write a script for a while now but i dont have a plot, please give me a plot idea most creative gets brainliest
Answer:
plot : in suburbs
oh girl who was abused all her life the forced into human trafficking ♀️
According to michael porter, which strategy can be followed by an organization to successfully compete in the marketplace?
According to Michael porter, Focus strategy can be followed by an organization to successfully compete in the marketplace Michael Porter defines three strategy types that can attain competitive advantage. These strategies are cost leadership, differentiation, and market segmentation (or focus).
Focus Strategy is the strategy which believes in concentrating on a small segment defined in terms of customer segment or geographical territory. A focus strategy means carefully choosing the arena to compete in and narrowing the competitive scope. By selecting carefully a segment and meeting the needs of that segment better than competitors who target more broadly defined segments, companies can gain competitive advantage.
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which is an effect of cultural differences on global trade?
Consumer buying behavior may be impacted by cultural variations, which may eventually increase a brand's chances for global trade. People communicate in a range of ways based on their cultural background.
What does "global trade" mean?Global commerce, which consists of the total import and exports of every participating country, is the exchange of products or services between nations. It is subject to the laws of supply and demand, and the price of any good or service offered is determined by these laws.
What are instances of global trade?Domestic customers now have access to foreign goods that local businesses could not otherwise create. Import, export, business, foreign investment, job outsourcing, and establishing production facilities abroad are all examples of global commerce.
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Aggregate planning for service firms that provide intangible output deals mainly with:
a. smoothing the production rate and finding the optimal size of the workforce.
b. capital investment decisions.
c. centralized purchasing.
d. centralized production.
e. planning for human resource requirements and managing demand.
Aggregate planning for service firms that provide intangible output primarily deals with planning for human resource requirements and managing demand. Option E is correct.
This involves identifying peak periods of demand and ensuring that there is sufficient staff to meet those demands without overstaffing during off-peak periods. The goal is to balance labor costs with customer satisfaction. Smoothing the production rate and finding the optimal size of the workforce are also important factors in this planning process.
However, unlike manufacturing firms, service firms typically do not make significant capital investment decisions or engage in centralized purchasing or production. Therefore, the focus is on efficiently managing human resources to meet the needs of the business.
Therefore, option E is correct.
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Jonathan works for an American company with branches in Asia. He may (5 points)
allow a foreigner to negotiate his wages
attend training during unpaid overtime
be offered a chance to work overseas
be paid in foreign currency
Answer:
be offered a chance to work overseas
Explanation:
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
A multinational corporation (MNC) can be defined as any business that has productive activities in two or more countries.
This ultimately implies that, a multinational corporation (MNC) has a central corporate facility but their products are not coordinated because their respective foreign markets offer unique products and services.
In this scenario, Jonathan works for an American company with branches in Asia (multinational corporation). Thus, he may be offered a chance to work overseas at any of the branch office that is established in Asia.
How would a consumer calculate the value of an Apple iPhone?
Answer:
Explanation:
Apple's value has been created through voluntary trade with customers; it has convinced its customers that its products are worth more than those of its competitors, and clearly their customers agree.” An immense amount of groundwork was done by people who came before Apple and Steve Jobs, all of whom Crotty credits.
The consumer are the large demand of to calculate the value of an Apple iPhone are the voluntary trade with the customer. The company are the more influenced the consumer.
What is consumer?
The term “consumer” means purchasing a product or service for the purpose of personal use. The consumer are consuming the product and services. The consumer are buying the product and services with exchange of money. The consumer are to switch to the substitutes goods.
The consumer was to use the mobiles was more like the Apple iPhone. The company was the direct sale to the consumer, The consumer demand because are the voluntary trade with customers. The company convinced the consumer the customers was the agreed.
As a result, the consumer calculate the value of an Apple iPhone are the convinced the consumer are the purchased the iPhone for the new features.
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Question 7of 10 true false whether employer sponsored or privately purchased, disability insurance plans will cover 70% of your lost
The statement provided in Question 7 of 10, which states "whether employer sponsored or privately purchased, disability insurance plans will cover 70% of your lost," is generally true.
Disability insurance plans are designed to provide financial assistance in the event that an individual becomes disabled and is unable to work for a period of time.Whether purchased through an employer-sponsored plan or privately, most disability insurance plans will typically cover a portion of the individual's lost income. The amount of coverage provided can vary depending on the specific terms of the policy, but a common coverage percentage is 70% of the individual's pre-disability income.It is important to note that there may be certain limitations or exclusions to coverage, depending on the policy. For example, some policies may only cover disabilities resulting from accidents, while others may also cover illnesses or other medical conditions. Additionally, the length of time for which benefits are provided may vary, with some policies providing benefits for a limited period of time and others offering coverage for as long as the individual remains disabled.
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COMPARE and contrast the terms scarcity and shortage and provide examples of each.
Answer:
Scarcity and shortage are not the same things. Shortage conditions exist when the demand of a good at the market price is greater than supply. ... Scarcity is the concept that we have limited resources and cannot meet the unlimited demand - it has nothing to do with a market price.
A good time to observe the dress code to prepare for your first day is during
a your interview
b. your second day
your Orientation
d the weekend
A good time to observe the dress code to prepare for your first day is during an interview. Thus, option A is correct.
What is interview?A planned interaction in which one party asks questions and the other responses is known as an interview. A one-on-one conversation between an interviewer and an interviewee is referred to as a "interview" in everyday speech.
In general, the individual should dress professionally or in business clothes for a job interview. The interview is a dialogue in which you and your prospective employer exchange information.
Therefore, it can be concluded that During an interview is a wonderful opportunity to review the dress code in order to get ready for your first day. Therefore, choice A is correct.
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the three key steps in shared decision making are:
The three key steps in Shared Decision Making (SDM) are Choice talk, option talk, decision talk. Hence the correct answer is option a.
Healthcare professionals make sure patients are informed of the reasonable options accessible for their ailment or scenario during the choice talk phase. It entails going over the advantages, disadvantages, and prospective results of the various treatment alternatives. The patient is given the options accessible to them by the healthcare provider, who also gives them the chance to ask any questions they may have.
Option Talk: This stage entails giving the patient more specific information about each option after making them aware of their choices. The healthcare professional provides pertinent information about each alternative, including data based on empirical research, success rates, probable adverse effects, and any other relevant information.
Decision Talk: During this phase, the healthcare professional assists the patient in taking into account their preferences and values in order to make the best choice possible given their unique set of circumstances. In addition to discussing preferences and taking into account the patient's values and goals, the physician also assists the patient in weighing the advantages and disadvantages of each alternative. This step concentrates on comprehending the patient's priorities and helping them come to a conclusion that is consistent with their preferences and values.
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The complete question is :
The three key steps in shared decision making are:
a. Choice talk, option talk, decision talk
b. Choice talk, decision talk, listening to other people talk
c. Choice talk, option talk, deliberation talk
d. Option talk, consideration talk, decision talk
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
what is engineering?
Answer:
Engineering is an occupation with an extremely wide reach. The term 'engineering' covers many fields and, by extension, many skills. Engineers are scientists, inventors, designers, builders and great thinkers and improve the state of the world, expand human capability and make people's lives safer and easier.
Engineering skills include:
The scientific methodSocial, cultural and economic awareness MathematicsBiology, chemistry, physics and other areas of scienceCreativityTeamworkWhere science is involved with designs, buildings, use of engines, machines, and structures.For many years, there have been limits set on the amount of sugar that foreign producers can sell in the U.S. market. This is mandated by a
net profit.
tariff rate quota system.
trade surplus.
subsidy agreement.
quota share.
This is mandated by a tariff rate quota system. Sugar imports are restricted by tariff-rate quotas (TRQs), which allow a specific quantity to enter duty-free or with a reduced duty.
Any amount beyond the TRQ limit may still be imported, albeit at a higher tariff rate. Both global and bilateral trade agreements have introduced TRQs. The volume or number of different goods that may be brought into the United States within a certain time period is regulated by import quotas.
Legislation, presidential proclamations, or executive orders can all set quotas TRQs. How many or how much money may be spent on items that a nation can import or export at one time.
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Use of a computer-based system to transfer money from the drawer's account to the payee's account is called a(n)
None of these
Automatic Withdrawal
Online Banking
Electronic Funds Transfer
Answer:
It's an electronic funds transfer.
Explanation:
Online banking would make no sense it would say a whole different story , automatic withdrawal would make no sense also , so therefore it is Electronic funds transfer
Joni, a college student, has $400 worth of expenses monthly. How much should she save be financially secure?
Answer:
200 i think sorry if im wrong
Explanation:
a) A man has $4.55 in change composed entirely of dimes and quarters. What are the maximum and minimum number of coins that he can have? Is it possible for the number of dimes to equal the number of quarters? (b) The neighborhood theater charges $1.80 for adult admissions and $.75 for children. On a particular evening the total receipts were $90. Assuming that more adults than children were present, how many people attended? (c) A certain number of sixes and nines is added to give a sum of 126; if the number of sixes and nines is interchanged, the new sum is 114. How many of each were there originally?
The man has a minimum of 14 coins and a maximum of 50 coins. It is not possible for the number of dimes to equal the number of quarters.
Let's assume the number of adult admissions is x and children's admissions is y. Therefore, the number of adults was greater than the number of children, and the total receipt was $90. Also, the theater charges $1.80 for adult admissions and $.75 for children.
Now, as per the given data, we can form two equations:
x + y = the total number of people (equation 1)$
1.80x + $0.75y = $90 (equation 2)
To solve these equations, we can multiply equation 1 with 1.80 and subtract it from equation 2.
Let's solve the equation:
(1.80x + 1.80y) - (1.80x + 0.75y) = 90 - (1.80 × total number of people)y = 3.6(total number of people - 50)
As the number of adults is greater than children,
the value of x is greater than y.
Also, the number of attendees cannot be a fraction, so we can try different values of y to find a suitable value that satisfies both the above conditions.
By substituting the value of y in equation 1, we can calculate the value of x.
Let's try different values of y:
y = 1, then x = 89y = 2, then x = 88y = 3, then x = 87y = 4, then x = 86
From the above calculations,
it is evident that y = 4, and x = 86 satisfy both conditions.
Hence, 86 adults and 4 children attended the show.
c)There were 45 sixes and 81 nines originally.
The steps to solve this problem are as follows:
Let the number of sixes is x and the number of nines be y.
Therefore, x + y = 126 (equation 1)6x + 9y = 1260 (equation 2)Dividing equation 2 by 3,
we get,2x + 3y = 420 (equation 3)Multiplying equation 1 by 2 and subtracting it from equation 3, we get:
y = 54Substituting the value of y in equation 1,
we get:
x + 54 = 126
Therefore, x = 72
Hence, there were 72 sixes and 54 nines originally.
If the number of sixes and nines is interchanged, the new sum is 114. Therefore, the number of sixes and nines interchanged were 54 and 72, respectively.
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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:
"_____ are individual investors or groups of experienced investors who provide funding for start-up businesses by investing their own funds..
a. Angel Investors
b. Entrepreneurs
c. Intraprenuers
d. Venture Capital"
Angel Investors are individual investors or groups of experienced investors who provide funding for start-up businesses by investing their own funds. The correct answer is option a.
Angel investors are those individuals or groups of experienced investors who provide funding for start-up businesses by investing their own funds. These are generally affluent individuals with an established industry network who invest in companies that are just getting started. Angel investors are usually well-versed in a particular industry and are able to assist the entrepreneur in creating a successful start-up.
In return for their investment, angel investors will receive a portion of the company's ownership equity. This is frequently a percentage of ownership that is proportional to the amount of money that the investor invests in the start-up.
Therefore option a is the correct answer.
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A supermarket building was purchased for $567,000. The down payment was 12%. The balance was financed at 7.97% for 25 years. Find the montly payment is
The monthly payment for the supermarket building is approximately $3,667.63. To find the monthly payment for a supermarket building, the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]
we will need to make use of the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]
where P = the principal,
r = the interest rate per month, and
n = the total number of months.
We will calculate the values of P, r, and n using the information provided in the problem statement:
Down payment = 12% of $567,000 = 0.12 × $567,000 = $68,040
Principal = $567,000 − $68,040 = $498,960
Interest rate per year = 7.97%
Number of years = 25Number of months = 25 × 12 = 300To convert the interest rate per year to the interest rate per month, we will divide by 12:
Interest rate per month = 7.97% ÷ 12 = 0.6642% Plugging in these values into the formula, we get:
Monthly payment = $498,960[0.006642(1+0.006642)^300/((1+0.006642)^300−1)]
Monthly payment = $3,667.63.
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What are some possible short-term savings goals and why are they important? (give examples)
Savings goals for the short term involve planning for the immediate future.
EXAMPLES: Paying for holidays, buying a new TV or smartphone or putting down a deposit on a house are all short-term savings goals.
It's easier and more convenient to save when you have goals. Setting goals gives you more time to save.
It is still very common for people to be very impulsive with their money, resulting in them rarely having the cash on hand needed to buy things they truly want or to cover emergencies. So, by having short term saving goals you would be able buy something you really wanted, pay for a holiday etc
Real GDP per capita in an economy doubles in 25 years. Using the Rule of 70, the average growth rate of real GDP for this economy is approximately _____%
- 2.8 ( 70 / 25)- 2.9 ( 70 / 25)- 3.0 ( 70 / 25)- 2.7 ( 70 / 25)
Real GDP per capita in an economy doubles in 25 years. Using the Rule of 70, the average growth rate of real GDP for this economy is approximately 2.8% (70/25).
GDP per capita or gross domestic product per capita refers to the total output of a country, a state, or a region divided by the total number of people in that region.
The Rule of 70 is used to estimate the number of years it takes to double the value of a variable.
The rule of 70 is used in economic forecasting and general financial projections.
The Rule of 70 states that if a variable grows at a constant rate, then it will double in approximately 70 / rate years.
This formula can be used to calculate the rate of growth of real GDP when the time it takes to double the value is known.
The formula for calculating the growth rate of real GDP is as follows:
Real GDP Growth Rate = (ln (2) / ln (1 + r)) x 100
The average growth rate of real GDP for this economy is approximately 2.8% (70/25) according to the Rule of 70.
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What is the maximum amount a couple can gift to another person in 2020 to avoid any potential additional tax implications?
Select one:
a. $14,000
b. $15,000
c. $30,000
d. $10,000
e. $28,000
The maximum amount a couple can gift to another person in 2020 to avoid any potential additional tax implications is $30,000. This is because the annual gift tax exclusion for 2020 is $15,000 per individual.
However, a married couple can combine their individual exclusion amounts and gift up to $30,000 to an individual without triggering any gift tax. It's important to note that any gift above this amount may be subject to gift tax and should be reported to the IRS.
The maximum amount a couple can gift to another person in 2020 to avoid any potential additional tax implications is $30,000. This is because each individual in the couple can gift up to $15,000 per person per year without triggering any gift tax, and when combined, the total amount becomes $30,000. This annual exclusion is applied separately for each person, allowing couples to double the tax-free gift amount to the recipient.
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The maximum amount a couple can gift to another person in 2020 to avoid any potential additional tax implications is $30,000.
This is because each individual can gift up to $15,000 per year without triggering gift tax consequences, and a couple can combine their gifts to reach a total of $30,000. Any gifts over this amount may result in gift tax liability. It is important to note that gift tax is paid by the giver, not the recipient. Additionally, while gifts up to the annual exclusion amount are not subject to gift tax, they still count towards the lifetime gift tax exemption. It is important for individuals and couples to be aware of the gift tax rules and limits to avoid any potential tax implications. Gifting more than the allowed amount could result in gift tax liability and reduce the amount of the lifetime gift tax exemption available. It is also important to note that the annual exclusion amount may change in future years, so it is important to stay informed on any updates to the tax code.
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In perfect competition, firms will be able to earn economic profits in: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a the short run, only. b the long run, only. c the short and in the long runs. d neither the short or in the long runs.
In perfect competition, firms will be able to earn economic profits in the short run.
What is perfect competition?
A perfect competition is characterized by many buyers and sellers of homogenous goods and services.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
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Is this counted in the GDP of a country ?The services of a mechanic in fixing the radiator on his own car.
Answer:
Yes this could be counted as GDP
Explanation:
Which of the following is typically not a feature of savings accounts?
Answers:
No checks
Earns interest
Withdrawal limits
A debit card
Answer: No checks is not a feature of savings account
Explanation: No checks is typically not a feature of savings account. On opening a savings account we do get a passbook and checkbook facility. Cheques are used for quick withdrawal of money or submission of funds
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Q3. Given the estimation results in question 2: • Do you think the errors would be heteroskedastic in this case? • Describe how you would test for heteroskedasticity in this regression. • Outline the potential consequences of heteroskedasticity in this case and how these consequences could be addressed/remedied.
When this criterion is satisfied, the error terms are homoskedastic, which indicates that the errors have the same scatter no matter what value of X is used. The error terms are heteroskedastic when the error scatter varies based on the value of one or more independent variables.
Heteroskedasticity refers to the fact that error variance varies across observations. Particularly, explanatory variables may influence the variance of the mistakes. Heteroskedastic describes a situation in which a regression model's residual term, or error term, variance fluctuates significantly. more. What It Means in Regression Modelling, Using an Example, is Homoskedastic. A regression model is said to be homoskedastic if the variance of the error term is low.
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CEO duality refers to a situation in which the CEO formulates and implements strategies.the CEO serves as both the CEO and the chair of the board of directors.the CEO is responsible for acting as CEO and serving on the compensation committee.the CEO is responsible for acting as CEO and Chief Operating Officer (COO).
CEO stands for Chief Executive Officer. In a company CEO is the highest-ranking executive. The main function of a CEO is decision-making and managing the operations and resources of a company. CEO act as a communication link between the company and the board of directors.
The chief govt officer (CEO) is the top function in an organization and is accountable for implementing current plans and policies, improving the organization's monetary power, assisting ongoing virtual business transformation, and setting future approaches.
The leader executive officer (CEO) is the very best-ranking man or woman in a company. while every employer differs, CEOs are often answerable for increasing the employer, riding profitability, and within the case of public groups, improving share costs. CEOs manage the general operations of a business enterprise.
Manages and directs the employer closer to its primary dreams and targets. Oversees employment selections at the govt degree of the enterprise. Leads a group of executives to don't forget essential decisions consisting of acquisitions, mergers, joint ventures, or large-scale enlargement.
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