For a $60 coat there is an additional 10 % charge when the coat is bought on credit. The total cost to a credit customer is $66.00.
The capacity to access products or services or borrow money with the idea that you'll pay for them later is known as credit.
Credit is a two-party transaction in which one (the creditor or lender) provides money, products, services, or securities in exchange for the other's commitment to pay in the future (the debtor or borrower). Interest is typically paid to the lender in such transactions.
Calculation of credit customer is shown as:
Additional charge = 10% of $60.00
= $6.00
S0, total cost to a customer when he buys at credit = $60.00+$6.00
= $66.00
Credits (cr) record all of the funds leaving an account, whereas debits (dr) record all of the funds entering the account.
The correct option is b)$66.00 among the given options.
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on january 1, 2022, $30 million face amount of 6%, 20-year bonds were issued. the bonds pay interest on a semiannual basis on june 30 and december 31 each year. the market interest rates were slightly lower than 6% when the bonds were sold. how much interest will be paid semiannually (each year on june 30 and on december 31) on these bonds?
The amount of interest that will be paid semiannually on the bonds, given their face value, would be $900, 000
How to find the bond interest?The interest that is paid on a bond can be found by multiplying the interest rate on the bond by the face value of the bond.
The interest to be paid annually on the bond is therefore:
= Face value of bond x Interest rate
= 30, 000, 000 x 6%
= $1, 800, 000
The interest paid semi-annually is therefore:
= 1, 800, 000 / 2
= $900, 000
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England and France produce cheese and bread. England has a competitive advantage in cheese production.
France has a competitive advantage in bread production. If England places a trade embargo on France, what is
likely to happen with cheese and bread production in each country?
O England will produce more bread and France will produce more cheese.
O England will produce more cheese and France will produce more bread.
O England will produce more cheese and France will produce less bread.
O England will produce less bread and France will produce less cheese.
If an embargo is placed by England on France, England will produce more bread and France will produce more cheese.
What is a comparative advantage?
A country has comparative advantage in production of a good if it produces at a lower opportunity cost when compared with other countries. Opportunity cost is the cost of the next best option forgone when one option is chosen over other options.
A country that has a comparative advantage in the production of a good should produce that good and import the goods for which it does not have a comparative advantage in its production.
If an embargo is placed, countries would not be able to trade so they would have to increase the production of goods they would have otherwise imported.
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Question 9 of 10
If a new source of lumber is found, what is likely to happen to the price of
lumber, and why?
A. The price is likely to increase because demand will increase.
B. The price is likely to increase because costs of production will
increase
C. The price is likely to decrease because demand will decrease.
O D. The price is likely to decrease because supply has increased.
SUBMIT
Answer:
O D. The price is likely to decrease because supply has increased.
SUBMIT
Explanation:
A new source of lumber will result in an increase in the quantity available for sale. As per the laws of supply and demand, an increase in supply without a corresponding increase in demand leads to reduced prices.
The prevailing market price or equilibrium price is the price at which the current demand matches the current supply. There are no shortages or excesses. An increase in supply creates a surplus in the market. For suppliers to sell the excess lumber supplied, they have to reduce prices to create more demand.
Constant returns to scale describes a situation where:.
The term "constant returns to scale" refers to a situation where expanding all inputs does not change the average cost of production. So, correct option is A.
In other words, when a firm increases its scale of production by proportionally increasing all inputs (such as labor, capital, and resources), the average cost per unit of output remains constant.
Option A accurately describes constant returns to scale. When a firm experiences constant returns to scale, doubling the inputs will result in a doubling of output, while the average cost per unit of output remains the same. This implies that the firm is operating at an efficient scale, and as it expands production, it can maintain the same level of cost efficiency.
Option B describes economies of scale, where a larger-scale firm can produce at a lower cost than a smaller-scale firm. This situation implies decreasing average costs as the scale of production increases.
Option C is not correct because constant returns to scale means that expanding all inputs does not change the average cost of production, rather than changing it.
Option D describes economies of scale as well, where increasing the quantity of output leads to falling average costs.
In summary, option A accurately captures the concept of constant returns to scale by stating that expanding all inputs does not change the average cost of production.
So, correct option is A.
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Complete question is:
The term "constant returns to scale" describes a situation where
A. expanding all inputs does not change the average cost of production.
B. a larger-scale firm can produce at a lower cost than a smaller-scale firm.
C. expanding all inputs changes the average cost of production.
D. the quantity of output rises and the average cost of production falls.
3 Prepare an income statement for Jones Co. for the year ending December 31, 2018, using the following data.
Cash 8,000
Miscellaneous Expense 100
Wages Expense 150
Rent Expense 200
Fees Earned 11,000
Office Expense 200
Accounts Payable 3,000
The net income for Jones Co in 2018 equals $18,350.
What is income statement?The financial statement shows a company's revenues, expenses and profitability over a period of time. Its computes the revenue from selling products or services and expenses to generate the revenue and manage your business.
The income statement for the year ending December 31, 2018 is prepared as follows:
Income Statement
Revenue
Cash 8,000
Fees Earned 11,000
19,000
Expenses
Miscellaneous Expense 100
Wages Expense 150
Rent Expense 200
Office Expense 200 650
Net Income $18,350
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Suppose that the U.S. was relatively capital-intensive compared to the rest of the world in 1975 and assume there were two factors of production, capital and labor. The development of containerized shipping greatly lowered the costs of international trade over the next 20 years. Who benefited from this in the United States, based on the reasoning of the Heckscher-Ohlin model? Check all that apply.
___ Owners of capital
___ Providers of labor
___ Consumers of capital-intensive products
___ Consumers of labor-intensive products
Based on the reasoning of the Heckscher-Ohlin model, the development of containerized shipping would benefit the owners of capital and the consumers of capital-intensive products in the United States.
The lowered costs of international trade would allow American firms to export capital-intensive goods more competitively, increasing the demand for capital in the US and thus driving up its price. The consumers of capital-intensive products would benefit from lower prices due to increased competition in the market. Providers of labor and consumers of labor-intensive products, on the other hand, would not benefit as much since the US is a relatively capital-intensive country. The increased competition in international trade would lower the prices of labor-intensive goods, decreasing the demand for labor in the US and thus driving down its price. However, this may vary depending on the specific industries and goods involved.
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(Cosmetology)
Select the correct answer.
Ethical violations can result in the loss of a license or certification.
A.
True
B.
False
Answer:
true
Explanation:
describe the functions of SARB
Answer:
The Reserve Bank's responsibilities include formulating and implementing monetary policy, promoting financial stability, issuing banknotes, providing banking services to government, operating the high-value payments system, managing Australia's foreign reserves and setting payments system policy.
The SARB is responsible for regulating cross-border transactions, preventing the abuse of the financial system and supporting the regulation of financial institutions.
▪▪▪Cutest Ghost▪▪▪Question 7 of 10
Zack buys 40 shares of eBay at the close price of $20.95. His broker charges
him 4% of each share as a transaction fee. How much did Zack spend in total
to buy this stock?
A. $838.00
B. $871.52
C. $856.28
D. $891.46
The cost of each share is $20.95, and Zack buys 40 shares, so the cost of the shares is 20.95 * 40 = $838.00.
Zack's broker charges him 4% of each share as a transaction fee, so the total transaction fee is 0.04 * 20.95 * 40 = $33.28.
Therefore, the total cost of the transaction is $838.00 + $33.28 = $871.28.
The correct answer is B. $871.52.
Ajax Lighting manufactures and sells street and parking lot lights, such as those on the Fayetteville trail system. Ajax has the best LED lighting technology in the industry. It is a significant competitive advantage. There are only two other companies in the nation that make competitive products. Growth in this industry is about 2% a year or less. Ajax can enjoy sustained competitive advantage because they are in a _________ market
Answer: slow cycle
Explanation:
Based on the information given, Ajax can enjoy sustained competitive advantage because they are in a slow cycle market.
Slow-cycle markets refers to the markets whereby the competitive advantages of a firm are protected from imitation, which is usually for long periods of time and in this scenario, imitation is usually costly. Therefore, in this market, competitive advantages are usually sustainable
How much is an annual interest percentage rate if he unpay balance is less than $500?
The annual interest percentage rate (APR) for an unpaid balance under $500 would depend on the terms and conditions set by the lending institution or credit card issuer.
To answer your question, we need more information about the specific interest rate policy or the financial institution involved. The annual interest percentage rate (APR) for an unpaid balance under $500 would depend on various factors, such as the type of credit account, the creditworthiness of the borrower, and the lender's policies.
For example, credit cards may have different APRs for unpaid balances, and they may also have promotional offers or introductory rates that can affect the interest charged. Some lenders may also offer lower interest rates to borrowers with good credit scores or other qualifications. Therefore, without more information about the specific loan or credit account, it is difficult to provide an accurate answer to this question.
The answer is general as the question is incomplete. Next, please provide more details or context to help me provide you with an accurate answer.
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LETS DEBATE AB ABORTION.
Answer:
i dont like the idea of them but if you must get one to survive then do it
Explanation:
Your company is looking at purchasing a front-end loader and has narrowed the choice down totwo loaders. Loader 1 costs $150,000 with a useful life of seven years with a salvage value of
$10,000 at the end of the seventh year. Loader 2 costs $110,000 with a useful life of five years
with a salvage value of $10,000 at the end of the fifth year. The annual profit for either one is
$20,000. Using a MARR of 20%, which alternative should your company buy?
Based on the provided information and a minimum attractive rate of return (MARR) of 20%, the company should choose Loader 1 over Loader 2 for purchase.
To determine the better option, we need to calculate the present worth (PW) of each loader and compare them. Loader 1 has a useful life of seven years, and Loader 2 has a useful life of five years.
Both loaders have a salvage value of $10,000 at the end of their respective lifespans.
For Loader 1, the initial cost is $150,000, and the annual profit is $20,000.
Using the MARR of 20%, we can calculate the annual equivalent worth (AE) of the annual profit using the formula AE = (Annual Profit - Salvage Value) / (1 + MARR)^n, where n is the number of years. Substituting the values, AE1 = ($20,000 - $10,000) / \((1 + 0.20)^7\)= $9,090.91.
For Loader 2, the initial cost is $110,000, and the annual profit is also $20,000. Similarly, calculating the AE, we get AE2 = ($20,000 - $10,000) / (1 + 0.20)^5 = $10,909.09.
To find the PW, we multiply the AE by the appropriate factor: PW = AE * (1 + MARR)^n. For Loader 1, PW1 = \($9,090.91 * (1 + 0.20)^7\) = $53,527.19. For Loader 2, PW2 = $10,909.09 * (1 + 0.20)^5 = $55,114.80.
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Suppose the cost of a car produced in the United States is $20,000. The current exchange rate is US$1 = €0.85. Instructions: Round your answers to 2 decimal places. a. What is the cost of the car in euros? T b. Suppose the exchange rate changes to US$1 = €0.75. What is the new euro cost of the car? e c. At the new exchange rate, the quantity of U.S. cars demanded by those holding euros will likely
a)The cost of the car in euros is €17,000.
b)The new exchange rate is €0.75.
c) At the new exchange rate of US$1 = €0.75, the quantity of U.S. cars demanded by those holding euros will likely increase.
a. To calculate the cost of the car in euros with an exchange rate of US$1 = €0.85, follow these steps:
1. Identify the cost of the car in US dollars: $20,000
2. Identify the exchange rate: US$1 = €0.85
3. Multiply the cost of the car in US dollars by the exchange rate to find the cost in euros: $20,000 * 0.85
The cost of the car in euros is €17,000.
b. To find the new euro cost of the car when the exchange rate changes to US$1 = €0.75, follow these steps:
1. Identify the new exchange rate: US$1 = €0.75
2. Multiply the cost of the car in US dollars by the new exchange rate to find the new cost in euros: $20,000 * 0.75
The new euro cost of the car is €15,000.
c. At the new exchange rate of US$1 = €0.75, the quantity of U.S. cars demanded by those holding euros will likely increase because the cars are now less expensive in euros (€15,000) compared to the previous exchange rate (€17,000).
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Enter your gross pay, taxes, and deductions below. Press calculate when you’re ready.
Answer:
what are we supposed to be answering
write out two uses of oxygen
Answer: Common uses of oxygen include production of steel, plastics and textiles, brazing, welding and cutting of steels and other metals, rocket propellant, oxygen therapy, and life support systems in aircraft,submarines, spaceflight and diving.
Explanation:
Which of the following will result in the termination of a partnership? a change of partnership clause in a partnership agreement the death of a partner a capital contribution clause in a partnership agreen ant a declaration
The termination of a partnership can occur under various circumstances. Among the options , the death of a partner and the expulsion of a partner with whom it is unlawful to carry on the business .Option A is correct.
A partnership can be terminated by different events or actions outlined in the partnership agreement or by legal requirements.
The death of a partner is a common event that can lead to the termination of a partnership. If a partner passes away, dissociation their interest in the partnership typically ceases, and the partnership may dissolve or undergo changes as specified in the partnership agreement.
Expulsion of a partner with whom it is unlawful for the partnership to carry on its business can also result in the termination of a partnership. If a partner engages in illegal activities or is barred by law from participating in the partnership's business, the remaining partners may decide to terminate the partnership rather than continue under unlawful circumstances.
The other options mentioned, such as a change of partnership clause in a partnership agreement or the expulsion of a partner who has transferred their partnership interest, may not necessarily lead to the termination of the partnership. These events may trigger certain changes or consequences within the partnership, but they may not result in its complete termination unless specified in the partnership agreement or required by applicable laws.
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The Complete question is
Which of the following will result in the termination of a partnership?
A. a change of partnership clause in a partnership agreement the death of a partner
B. a capital contribution clause in a partnership agree and a declaration
C. Expulsion of a partner who has transferred his transferable partnership interest.
D. Expulsion of a partner with whom it is unlawful for the partnership to carry on its business.
#1 You are driving down the highway when one of your tires suddenly blows out. You should
Pump your brakes rapidly, and steer your vehicle to control any skids.
Avoid using your brakes. Slow down gradually and concentrate on steering.
Press hard on your brake pedal and stop as quickly as you can.
this u have to consider while planing for inter croping farming
Answer:
Answer to the following question is as follows;
Explanation:
The soil, temperature, and variety are all factors to consider when deciding which crops to combine. It is critical that crops do not compete for space, nutrients, water, or sunshine with one another. Cultivating one crop having deep roots beside another with shallow roots is an illustration of an intercropping technique.
It is a poor investment to have a certain amount of money set aside for emergencies.T F
Answer: Having a certain amount of money set aside for emergencies is not a bad investment.
Explanation: An emergency fund is an essential component of personal financial management. While an emergency fund may appear to be a passive investment, its purpose is to provide financial security and protection against unforeseen circumstances. Individuals can lessen the impact of unexpected expenses such as medical bills, car repairs, or job loss by setting aside a specific amount of money for emergencies.
To begin with, an emergency fund serves as a safety net, allowing people to avoid going into debt or relying on high-interest loans when faced with unexpected financial burdens. It provides financial stability and peace of mind by providing a financial cushion to fall back on in times of crisis.
Having an emergency fund can also help you achieve your long-term financial goals. Individuals who keep emergency funds on hand can continue to focus on other financial goals, such as saving for retirement, education, or investments, without fear of depleting their savings in the event of an unforeseen event.
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What is one benefit of continuing your education after high school?
A. The ability to earn money immediately
B. Postponing responsibility for your actions
C. Increased earnings over the course of your career
D. There is no benefit to continuing your education.
Answer:
C
Explanation:
The most relevant one because university is the place to produce expert in many fields. Thus this will increase your earnings within your course of career.
Answer:
c
Explanation:
6. You are either only a natural saver or a natural spender. You cannot have a balance of
both.
True
False
You should not be descriptive when writing a business letter?
True
False
Answer:
False
Explanation:
In descriptive writing, the author uses details to express their ideas. They use words to evoke emotions and paint a picture of the message they are trying to convey.
A business letter should be brief, concise, and clear. The author of a business letter should use as few words as possible to put their message across. For this reason, descriptive writing is not good for business letters.
Answer:
false
Explanation:
Research on diversity in the workplace substantiated all of the following benefits to firms except:_________.
i. the presence of faultlines increases cohesiveness at work.
ii. award-winning diversity management programs lead to higher stock prices for their companies.
iii. in companies with a growth strategy, there is a positive correlation between diversity in the firm and company performance.
iv. diverse teams make higher quality decisions.
Research on diversity in the workplace substantiated all of the following benefits to firms except diversity, and the presence of faultlines, increases cohesiveness at work.
An organisation that consciously hires a staff made up of people with a variety of traits, such as sexuality, faith, race, youth, culture, gender identity, education, and other attributes, is said to practise diversity in the workplace. Organisation that don't draw from a variety of talent pools run the risk of passing up on competent applicants and may struggle to fill critical positions, which drives up recruitment expenses.
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The opportunity cost of an action is: a. the value of the best opportunity that must be sacrificed in order to take the action. b. the total time spent by all parties in carrying out the action. c. the cost of all alternative actions that could have been taken, added together. d. the monetary payment the action required.
Opportunity cost is defined as the value of the best opportunity that must be given up to undertake a particular action. Opportunity cost refers to the benefits lost from not choosing the next-best option or the most lucrative option.The correct answer is option A.
It is the value of the best opportunity that must be sacrificed in order to take the action.The opportunity cost of a decision can be determined by analysing the returns of the next-best option that was rejected. Opportunity cost is expressed in terms of time, capital, and resources; it is essentially the difference between the cost of the selected choice and the cost of the rejected option. Thus, it assists a person to make informed judgments about the option that may provide the most significant benefit.
This measure is critical in personal finance since the loss of money cannot be recovered. In conclusion, when choosing between various alternatives, opportunity cost is the cost of not selecting the alternative with the highest potential benefit.
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which of the following can help make the reengineering process more effective? a. creating a sense of urgency in the organization b. limiting employee involvement in the process c. limiting communication d. refraining from making extensive changes e. adopting a highly centralized organizational structure
The option that can help make the reengineering process more effective is e) Creating a sense of urgency in the organization.
What is the reengineering process?Reengineering is a process of redesigning and reorganizing business processes to improve performance, efficiency, and effectiveness. In order for the reengineering process to be effective, it is important to create a sense of urgency in the organization. This involves communicating the need for change and the potential benefits of reengineering to employees and stakeholders.
Therefore, By creating a sense of urgency, employees are more likely to embrace change and be motivated to participate in the reengineering process.
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In organizations that operate significant nonaccounting information systems, such as manufacturers, a reporting arrangement wherein the chief information officer reports to the chief executive officer is more common and effective.
The statement suggests that in organizations that heavily rely on non-accounting information systems, such as manufacturers, it is more common and effective for the Chief Information Officer (CIO) to report directly to the Chief Executive Officer (CEO).
This arrangement can be beneficial for several reasons. Firstly, it ensures that the CIO, who is responsible for overseeing and managing the organization's information systems, has direct access to the CEO, who holds the ultimate decision-making authority. This facilitates effective communication, collaboration, and alignment of information technology (IT) strategies with the overall business goals and objectives.
Additionally, given the increasing importance of technology and data in modern organizations, having the CIO report to the CEO highlights the strategic significance of IT within the organization. It acknowledges that IT decisions and initiatives are integral to the organization's success and should be aligned with its overall strategic direction.
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List 5 motives for the construction of various media.
Explanation:
For the construction of various media, the five motives are as follows
1. Develop connections and make connections: For motivating the social media we have to establish the connections and through it, we can easily make the connections,
2. Sharing the news of the company: Post the news of the company to various social media so that the public at large get attracted towards it
3. Voice opinion: Voice opinion also matters for establishing the several medias
4. People opinion for the company: Customer satisfaction is the utmost priority for the company so that the company could able to know what changes are required in the product to deliver it in the best manner
5. Communicated with employees: The communication with the employees also matters as the employees could be delivered their idea to better the company services
Jenson is a senior-level manager in his organization. He makes strategic-level decisions to improve the sales or to increase the profits of the organization. Which information system will reflect the strategic decisions that Jenson makes as a senior manager? A. Executive information system B. Management information system C. Transaction processing system D. Decision support system
Answer: Management information system
Explanation:
The information system that reflect the strategic decisions that Jenson makes as a senior manager is the management information system.
Management Information System is simply referred to an information system that is used to make decisions and also used for analysing and coordinating information in the organization. It studies the relationship and interaction that exist between the people and the organization.
Answer:
decision support system
Explanation: PLATOOOOOOOOOOOOO
Competition and prices act as regulators of production in HELP ASAP
a command economy
a democratic economy
a market economy
a traditional economy
Answer:
A market economy
Explanation:
A market economy is better, since you will have a lot of food to sell, naybe you go higher when its poular around the areas