Answer:
It enhances the marketing scopes and magnifies to reach for a particular brand by attracting an increasing number of potential users
Search Engine Optimization is technically used as a marketing tool rather than marketing itself. It enhances the marketing scopes and magnifies the reach for a particular brand by attracting an increasing number of potential users. SEO basically optimizes a web page and makes it more engaging for the end-users.
: Vance Enterprises makes computer components. The company uses direct labor hours as its application base. The predetermined overhead rate for the year was $18.56 per direct labor hour. The estimated manufacturing overhead for the year was $47,362. Rounded to the nearest hour, the budgeted number of direct labor hours for the year was
Answer:
The budgeted direct labor hours is 2,551.83 direct labor hours
Explanation:
The computation of the budgeted number of direct labour hours is shown below:
= Total estimated manufacturing overhead for the year ÷ predetermined overhead rate
= $47,362 ÷ $18.56
= 2,551.83 direct labor hours
Hence, the budgeted direct labor hours is 2,551.83 direct labor hours
Hence, the same is to be considered
Propose your top three potential social causes for your organization and why your selected social cause or issue is a good match with your chosen corporation for creating a corporate social responsibility (CSR) campaign.
By selecting a social cause that aligns with their values and corporate goals, companies can create a CSR campaign that resonates with stakeholders and helps to build a positive reputation for their brand.
There are various social causes that companies may choose to support, depending on their corporate social responsibility goals. Here are the top three social causes that I would recommend for an organization, along with reasons why they are good matches for creating a CSR campaign:1. Environmental conservation: Protecting the environment and promoting sustainable practices is a social cause that has gained widespread attention in recent years.
As climate change continues to be a pressing issue, businesses that take a proactive approach to reducing their carbon footprint can establish themselves as responsible and sustainable entities. This is a good match for companies that have a large environmental impact, such as those in the manufacturing or transportation sectors. A CSR campaign focused on environmental conservation can include initiatives such as reducing waste, using renewable energy sources, and promoting eco-friendly practices among employees and customers.
2. Education: Investing in education is one of the most effective ways to support social development and empower individuals and communities. For companies that want to create a CSR campaign that has a tangible impact on people's lives, education is a great choice. This is especially relevant for companies that have a strong local presence and want to support the communities in which they operate. A CSR campaign focused on education can include initiatives such as donating educational resources to schools, providing scholarships to students, or organizing workshops and training programs for employees and community members.
3. Health and wellness: Promoting health and wellness is a social cause that has become increasingly relevant in light of the COVID-19 pandemic. Companies that prioritize the well-being of their employees and customers can create a positive image for themselves and build strong relationships with stakeholders. This is a good match for companies in the healthcare or hospitality sectors, as well as those that offer wellness-related products or services.
A CSR campaign focused on health and wellness can include initiatives such as promoting healthy lifestyles, providing access to healthcare services, or supporting mental health awareness and treatment programs.Overall, each of these social causes has the potential to create a meaningful and lasting impact, both for the company and the communities it serves.
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Jansen Company’s general ledger showed a checking account balance of $25,020 at the end of May 2021. The May 31 cash receipts of $2,460, included in the general ledger balance, were placed in the night depository at the bank on May 31 and were processed by the bank on June 1. The bank statement dated May 31, 2021, showed bank service charges of $50. All checks written by the company had been processed by the bank by May 31 and were listed on the bank statement except for checks totaling $2,010. Required: Prepare a bank reconciliation as of May 31, 2021. [Hint: You will need to compute the balance that would appear on the bank statement.]
$24,520 is the balance in a bank reconciliation as of May 31, 2021. The goal of this process is to determine the differences between the two and, as necessary, make changes to the accounting records.
What is the journal entry for bank reconciliation?When there are changes to the balance on the books, journal entries are required in a bank reconciliation. These adjustments are the result of bank statement items that were not recorded in the company's general ledger accounts.
Given
Bank Balance = $25,020
Cash Receipts = -$2460
Bank Charges = - $50
Collection = + 2010
Bank balance after reconciliation = $24,520
Bank reconciliations are an important internal control tool for preventing and detecting fraud. They also aid in the identification of accounting and banking errors by explaining the differences between the cash balances on the accounting record and the bank balance position on the bank statement.
Thus, the balance of $24,520 is shown in the bank account.
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HURRY On Monday, Monahan accepts a job at Acme for $50,000 per year. He is to begin work on Friday. On Tuesday, Acme informs him they cannot hire him. Which of the following is true? Select one: a. Acme will breach the contract on Friday if they refuse to hire Monahan. b. Monahan will breach the contract if he fails to come to work on Friday. c. Neither breached the contract because there is no contract until Friday. d. Acme breached the contract on Tuesday
Answer:
The correct answer is : C. Neither breached the contract because there is no contract until Friday.
Explanation:
As the contract will only become valid when both the parties Mohan and ACME sign up and this will only happen on Friday. But as Mohan is informed by the Acme on Tuesday that they can not hire him before signing up the contract that is scheduled on Friday. Since there is no valid agreement between parties, no breach of contract occurred.
Thus, the correct answer is option C. Neither breached the contract because there is no contract until Friday.
A local corporation is sponsoring a scholarship competition in your high school. Part of the evaluation is based on a personal presentation before the committee. You will create three slides for a presentation about who you are and why you should be considered for the scholarship. Write bullet points for the information that you would include.
Answer:
Slide 1: Introduction
- Start with a catchy sentence that captures the committee's attention and introduces yourself briefly.
- Explain why you are excited about applying for the scholarship and what it means to you.
- Mention your academic background, major, and interests.
Slide 2: Main body
- Provide examples of your achievements, skills, and experiences that show your preparedness and potential for the scholarship.
- Highlight how your values align with the organization's mission and goals.
- Explain how the scholarship will help you pursue your academic and career aspirations.
Slide 3: Conclusion
- Summarize your main points and remind the committee of your strengths and uniqueness.
- Express your gratitude for the opportunity and your enthusiasm for joining the organization.
- End with a call to action or a question that invites further discussion.
everything else equal, including firm size, dollar sales, type of product sold, and so forth, the primary difference between proprietorship and partnership business forms is that
The owner of a sole proprietorship is entitled to all firm profits but is also individually accountable for all debts, which is the main distinction between proprietorship and partnership business structures.
Being "personally liable" implies that a plaintiff who wins a court Proprietorship judgement against your business may be able to satisfy it using your personal assets, such as your bank account, home, or automobile debts. This is possible because you own the business. The term "personal liability" refers to when you are held legally liable for an accident that results in either proprietorship damage or bodily harm within or outside of your home.
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A financial institution wants to know who is most likely to use their credit card. Which is the best way to segment customers?
As the financial institution wants to know who is most likely to use their credit card, the best way to segment the customers is by amount of debt. The Option B is correct.
What is a customer segment?In marketing, in order to provide the customers with more relevant experiences, the market segmentation divides them into distinct groups based on shared traits, habits, or interests.
The 4 primary categories of market segmentation includes geographic, psychographic, behavioral, and demographic; however, there are many other tactics you can employ, as well as countless variants on the four primary types.
Missing options "A. By number of credit cards B. By amount of debt C. By credit score D. By amount of savings.
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You can earn 3% interest on a CD and 1.25% interest on a savings account.
How much more interest will the CD earn for one year if you make a deposit of
$1,650?
Financial Lit, please help!!
Answer:
The CD will earn $49.50 more interest than the savings account for one year if you make a deposit of $1,650.
You work for a drywall company and are trying to secure a contract with a large commercial builder. The purchasing agent from the commercial builder is in town and staying at the Ramada Inn. You contact him by phone and set up a meeting. You tell him, "I’ll meet you at your hotel in an hour." You arrive at the Ramada Inn’s lobby a few minutes early. You take a seat, watching the elevator for the purchasing agent. You wait. Twenty minutes later, you’re still waiting. You ask the front desk to ring the agent’s room. The agent answers, "You’re late. I’ve been waiting for you for 15 minutes."
What communication barrier is described in this situation?
a. Distractions
b. Bypassing
c. Lack of language skills
Answer:
B
Explanation:
Bypassing is a type of communication barrier were two people communicating think they understand each other but actually they miss each other's meaning.
I and the purchasing agent thought we had effectively communicated and set up a meeting but in reality, we hadn't agreed on a meeting venue.
Answer:
B
Explanation:
I Know i am in the future
You and a group of friends are planning to visit a theme park, which charges $60 for admission, $90 for a two-day pass, and $110 for a three-day pass. Your friends are interested in spending a lot of time there, but they’re worried about paying a lot of money. You explain the concept of marginal cost, which helps them see that the additional day is a good value.
The average cost per day of a three-day pass is $_______.
The marginal cost of adding the third day is $_______.
If there are 7 people in your group, the group's marginal cost of switching from the two-day pass to the three-day pass is $________.
Answer:
The average cost per day of a three-day pass is $36.6
To find the average cost, we simply divide the cost of the three-day pass $110, by the number of days:
$110/3 = $36.6
The marginal cost of adding the third day is $20
The marginal cost is the additional cost incurred when adding the third day. We can find it by substracting the cost of the two-day pass from the cost of the three-day pass:
$110 - $90 = $20
If there are 7 people in your group, the group's marginal cost of switching from the two-day pass to the three-day pass is $140
If we assume that the values in the question are per person, then the answer is: $140
$110 * 7 = $770
$90 * 7 = $630
$770 - $630 = $140
Which of the following best explains what a futures contract is?
a. a contract preventing the future sale or exchange of a particular good
b. a contract limiting the future liability of one set of partners if a business fails
c. a contract setting the price for the exchange of two foreign currencies
d. a contract setting the price and date for a commodity purchase
Answer:
d. a contract setting the price and date for a commodity purchase
including scholarships and financial aid Rachel has 39,000 to spend on college if the total cost of her college education is_____, she will have enough resources to pay
a 36,000
b 42,000
c 48,000
d 45,000
Answer:
A. 36,000
Explanation:
If the college education cost is less than your financial aid limit then it can pay for it.
Answer:36,000
Explanation:because it say it
Which of the following statements accurately describes how an event will impact supply? Choose 1 answer: Choose 1 answer: (Choice A) A An increase in costs of production will cause an increase in the supply curve (Choice B) B An increase in demand will cause an increase in supply (Choice C) C An increase in price will cause supply to increase (Choice D) D A decrease in price will cause supply to increase (Choice E) E A decrease in resource costs will cause an increase in the supply curve
The statement that accurately describes how an event will impact supply is option B An increase in demand will cause an increase in supply.
What happens when supply and demand both rise?If demand and supply both rise, more will be purchased by consumers and more will be produced by businesses. The impact on price will, however, depend on the relative amount of the two changes because consumers place a higher value on each unit while producers are willing to supply each unit at a lower price.
Therefore, With everything else remaining the same, an increase in demand will result in a rise in the equilibrium price and an increase in supply. Reduced demand will result in a drop in the equilibrium price and a reduction in supply.
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An effective contract writing will describe all _________________ to be conveyed or excluded in the sale in detail.
An effective contract writing will describe all terms and conditions to be conveyed or excluded in the sale in detail.
An effective contract writing will describe all the essential elements and provisions to be conveyed or excluded in the sale in detail. These elements encompass a wide range of aspects that need to be clearly defined to ensure the rights, obligations, and expectations of both parties are accurately outlined.
Firstly, the contract should outline the identification of the parties involved, including their legal names, addresses, and any other pertinent details that establish their identities. This ensures clarity and avoids any confusion regarding the individuals or entities responsible for fulfilling the contract's terms.
Next, the contract should explicitly define the subject matter of the sale. This includes a comprehensive description of the goods, services, or property being transferred, along with any specifications, quantities, quality standards, or other relevant details. Clearly stating what is included and what is excluded in the sale helps prevent misunderstandings and potential disputes in the future.
Furthermore, the contract should outline the purchase price or compensation, including any payment terms, installment schedules, or contingencies. It should specify the currency in which the payment will be made and any applicable taxes, fees, or additional costs that may be incurred during the transaction.
Additionally, the contract should cover the timeframe and conditions of the sale, including delivery or transfer dates, inspection and acceptance procedures, and any warranties or guarantees provided by either party. It should also address any contingencies or conditions that must be met before the sale can be completed.
Moreover, an effective contract writing should incorporate provisions related to the allocation of risks and liabilities. This includes clarifying who bears responsibility for loss or damage during transit or after delivery, as well as any limitations of liability or indemnification clauses that protect the parties involved.
Lastly, the contract should address dispute resolution mechanisms, such as arbitration or mediation, to provide a framework for resolving conflicts should they arise. It should also include provisions related to the termination or cancellation of the contract and any associated penalties or remedies.
In conclusion, an effective contract writing comprehensively describes all the terms and conditions to be conveyed or excluded in the sale. By addressing the aforementioned aspects in detail, the contract minimizes ambiguity, establishes clear expectations, and protects the interests of both parties involved in the transaction.
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What breif document should always include the six basic story element
Answer:
Explanation:
.
How would you change bankruptcy law?
The provisions of Section 706(a) of the Bankruptcy Code permit debtors to convert a Chapter 7 case into a Chapter 13 case. However, the debtor cannot convert if the Chapter 7 case previously was converted from a case filed under a different chapter on request of a creditor, the trustee, or the bankruptcy court.
Occasionally, planning can lead to several drawbacks. Which of the following are pitfalls to planning? Check all that apply.
a. planning can hinder change and prevent adaptation
b. planning does not provide direction for employees
c. top-level managers can become detached, planning for things they don't understand
d. planning can create a false sense of certainty
C. Planning might at times result in a number of negative effects. The following are planning pitfalls: top-level managers may get disengaged; planning for issues they don't comprehend; and planning may foster a false sense of certainty.
Describe planning.Determining the steps required to accomplish a target is the process of planning. Planning starts with foresight, which is the fundamental capacity to mentally jump through time. The emergence of foresight—the capacity to make plans in advance—is thought to have been one of the key forces behind human evolution.
Planning is an essential quality of the intelligent activity. The use of logic and imagination is required to visualize not only a desired end result but also the steps necessary to get there. An important aspect is a link between predicting and planning. Unlike forecasting, which tries to predict how the future will pan out, planning imagines potential futures.
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What is the major difference between cleaning and sanitizing?
Cleaning is done by hand while sanitizing uses a dishwasher.
Cleaning is the same thing as sanitizing.
Cleaning uses soap to remove debris while sanitizing uses chemicals or heat to kill germs and bacteria.
Sanitizing is not required.
The major difference between cleaning and sanitizing is that Cleaning uses soap to remove debris while sanitizing uses chemicals or heat to kill germs and bacteria
What is cleaning and sanitizing?Cleaning regularly is one that is made of the utilize of cleanser, water, and mechanical activity to physically remove earth and grime from surfaces. It is an vital to begin with step within the sanitizing that has been prepared, because it is expelling soil and natural matter that can meddled with the activity of sanitizing operators.
Therefore, Sanitizing, on the other hand, regularly includes the utilize of chemicals or warm to kill or lower the number of hurtful microorganisms on surfaces.
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Glen, a CFO of a large corporation notes that the business’s current assets add up to $18,900. Additionally, there is a fleet of trucks which is listed as a $780,000 debit on the balance sheet (there is also $246,000 of accumulated depreciation). The only other asset is a building which is debited for $1,050,000 (104,000 of accumulated depreciation). The book value of the corporation’s shares is $920,000 while retained earnings currently have a $210,000 credit balance. How much, in total, does the corporation owe to banks, suppliers, and other parties?
Based on the company's assets and equity, the amount that it owes various stakeholders is $368,900
Amount owed by companyYou can find this using the accounting formula:
Assets = Liabilities + Equity
Expanding the formula gives:
Current assets + Book value of fixed assets = Liabilities + Book value of shares + Retained earnings
18,900 + (780,000 - 246,000) + (1,050,000 - 104,000) = Liabilities + 920,000 + 210,000
Liabilities = 8,900 + (780,000 - 246,000) + (1,050,000 - 104,000) - 920,000 - 210,000
= $368,900
In conclusion, liabilities are $368,900
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Question 4 of 10
In product development, what are "specifications"?
In product development, specifications refer to the detailed and specific requirements that a product must meet in order to be considered acceptable for release.
Product specifications are crucial in the development process because they help to ensure that the product meets the needs and expectations of the intended users. They provide a clear framework for developers to work within, and help to ensure that the product is consistent in its design and functionality.
Specifying the features and functions of a product requires careful consideration of the needs of the market, as well as the technical capabilities of the product. This information is typically gathered through market research and user testing, which help to identify the most important features and functions for the target audience.
Once the product specifications have been established, they are used as a guide for the development team as they work to create a product that meets the desired specifications. This includes creating prototypes, testing the product, and making adjustments as needed to ensure that it meets the specifications.
Overall, specifications play a critical role in product development by providing a clear set of requirements for developers to follow, and helping to ensure that the final product meets the needs and expectations of the intended users.
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If Congress wanted to use contractionary fiscal policy to combat inflation, they wouldQuestion 10 options:Raise taxes and cut spendingCut taxes and raise spendingRaise taxes and raise spendingCut taxes and cut spendingDestroy moneyPrint money
If Congress wanted to use contractionary fiscal policy to combat inflation, they would raise taxes and cut spending.
Contractionary fiscal policy refers to measures taken by the government to reduce the size of the economy by decreasing the amount of money circulating in the economy. This policy is often used to combat inflation, which occurs when the general price level of goods and services is rising. Inflation can lead to a decrease in the purchasing power of money and erode the value of savings.
To implement a contractionary fiscal policy, Congress would raise taxes and cut spending.
Raising taxes means increasing the amount of money the government collects from individuals and businesses. This action reduces disposable income, leading to less consumer spending and a decrease in aggregate demand. As a result, the demand for goods and services decreases, which helps to lower inflation.
On the other hand, cutting government spending means reducing the amount of money the government spends on various programs and services. This action directly reduces the demand for goods and services in the economy, as the government is a significant spender. When government spending decreases, it further contributes to the reduction in aggregate demand, which in turn helps to combat inflation.
In summary, to use contractionary fiscal policy to combat inflation, Congress would raise taxes and cut spending. This action would reduce disposable income and decrease aggregate demand, leading to a reduction in the general price level of goods and services, and ultimately help to control inflation.
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Individual Problems 5-1
George's T-Shirt Shop produces 8,000 custom-printed T-shirts per month. George's fixed costs are $24,000 per month. The marginal cost per T-shirt is a constant $9.
George's break-even price is _______ per shirt.
Suppose George sells 50% more T-shirts per month.
At this quantity of shirts, George's break-even price is _______ per shirt.
Individual Problems 5-2
Suppose an initial investment of $80 will return $30/year for three years (assume the $30 is received each year at the end of the year).
At a discount rate of 25%, this investment ________ profitable.
Individual Problems 5-3
Perhaps the most important kind of capital is human capital. For example, most lawyers spend years learning to practice law. Lawyers are willing to make large investments in their human capital because they expect to be compensated for doing so when they begin work. Suppose the government nationalizes the market for legal services, resulting in lower compensation for lawyers. Assume lawyers cannot easily move to other countries.
True or False: The investment in human capital for lawyers is subject to post-investment hold-up.
True
False
Individual Problems 5-5
Last year, a toy manufacturer introduced a new toy truck that was a huge success. The company invested $2.50 million in a plastic injection molding machine (which can be sold for $2 million immediately) and $200,000 in plastic injection molds specifically for the toy (not valuable to anyone else). The cost of labor and materials necessary to make each truck runs about $4. This year, a competitor has developed a similar toy, significantly reducing demand for the toy truck. Now, the original manufacturer is deciding whether it should continue production of the toy truck.
If the estimated demand is 100,000 trucks, the break-even price is _______ per truck.
Answer and Explanation:
The computation is shown below:
1. The break even price per shirt is
Fixed cost per unit t-shirt is
= $24,000 ÷ 8,000
= $3
And,
Variable cost per shirt = $9
So, the break even price per shirt is
= $3 + $9
= $12
Now if George sells 50% more tshirt then total shirt sell is
= 8000 + 0.5 × 8000
= 12000
So,
Fixed cost per shirt is
= $24,000 ÷ 12000
= $2
So,
Breakeven price per shirt will be
= $2 + $9
= $11
2. The present value of the return is
= 30 ÷ 1.25 + 30 ÷ 1.25^2 + 30 ÷ 1.25^3
= 24 + 19.2 + 15.36
= 58.56 < 80
As the present value is lower than the investment made so the investment is not profitable
3. The investment made in human capital with respect to lawyers would be considered as an after investment that hold-up
Therefore this is a true statement
5.
The total cost of the truck is
TC = $2,500,000 + $200,000 + 4Q
And, The total revenue is
TR = PQ
So, the total profit is
TR = PQ - $2,700,000 - 4Q
Now
PQ - $2,700,000 - 4Q = 0
P = $2,700,000 - 4Q ÷ Q
Assume Q = 100000
So,
P = $2,700,000 - 4 × (100,000) ÷ 100,000
= 26
After visiting several automobile dealerships, Richard selects the used car he wants. He likes its $10,000 price, but financing through the dealer is no bargain. He has $2,000 cash for a down payment, so he needs an $8,000 loan. In shopping at several banks for an installment loan, he learns that interest on most automobile loans is quoted at add-on rates. That is, during the life of the loan, interest is paid on the full amount borrowed even though a portion of the principal has been paid back. Richard borrows $8,000 for a period of four years at an add-on interest rate of 11 percent. What is the total interest on Richard’s loan? What is the total cost of the car? What is the monthly payment? What is the annual percentage rate (APR)?
Answer:
A. $3,520
B. $13,520
C. $240 monthly
D. 21.55%
Explanation:
A. Calculation for the total interest
Using this formula
Interest = (Principal) (Rate) (Time)
Let plug in the formula
Interest = (8000)(.11)(4)
Interest = $3,520
B. Calculation for the total cost of the car
Using this formula
Total Cost = Down Payment + Principal amount Borrowed + Interest amount
Let plug in the formula
Total Cost = $2,000 + $8,000 + $3,520
Total Cost = $13,520
C. Calculation for the monthly payment
Using this formula
Monthly Payment = (Principal amount Borrowed + Total interest amount ) / Total number of payments
Monthly Payment = ($8,000 + $3,520) / 48
Monthly Payment=$11,520/48
Monthly Payment=$240 monthly
Note 4-year * 12 months will give us 48months
D. Calculation for the annual percentage rate (APR) using this formula
APR= (2 × n × I) / [P × (N + 1)]
Let plug in the formula
APR = (2 × 12 × $3,520) / [$8,000 × (48+1)]
APR =$84,480/$8,000×49
APR=$84,480/$392,000
APR=0.2155×100
APR= 21.55%
If you want to take advantage of compound interest, what should you do when an investment produces interest?
A. Use the interest to pay your bills.
B. Reinvest the interest.
C. Put the interest in savings account.
D. Put the interest in a checking account.
Answer:
D. Put the interest in a checking account
Answer:C
Explanation: TRUST
An advertising campaign is:
O A. a set of games customers can play to see whether or not they like
a product.
O B. a mass media device used to make advertisements more
interactive.
OC. a method of finding the best customers by determining their race
and age.
OD. a series of targeted activities aimed to make customers aware of
a product.
Answer:
D. a series of targeted activities aimed to make customers aware of
a product.
Explanation:
Advertising is the use of media to communicate messages that create awareness of a particular product or service. It is the relaying of persuasive information to a targeted audience with the expectation of increasing the sales of a product.
An advertising campaign will involve a series of events and messages to convince the targeted audience to buy the advertised product. The campaign communicates the benefits of the advertised product and gives reasons why customers should consume it. An advertising campaign is not a single event but a series of marketing activities that could last for days, weeks, or even months.
Project: Facial Feedback Theory Conduct a study to observe facial feedback theory. please I really need help
The facial feedback hypothesis proposes that people's subjective emotional experiences are influenced by their facial expressions. However, the evidence for this hypothesis is mixed.
According to the facial feedback hypothesis, people's emotional experiences are influenced by their facial expressions. Smiling, for example, should make people feel happier, while frowning should make them feel sadder. According to the researchers, these effects occur because facial expressions provide sensorimotor feedback that contributes to the sensation of an emotion, serves as a cue that individuals use to make sense of ongoing emotional feelings, influences other emotion-related bodily responses, and/or influences the processing of emotional stimuli.
The facial feedback hypothesis as well as the original pen-in-mouth effect are both correct. If this is the case, scientists must figure out why others were unable to replicate the pen-in-mouth effect. One theory is that the replicators did not perform a true direct replication because they deviated from the original study by recording the participants openly (per the advice of an expert reviewer).
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Answer: My project is attached for anyone who might still need it
Explanation: Hope this helps! Good luck!
Estate has an ROI of 16% based on revenues of $400,000. the residual income is $14,000 and the investment turnover is 2. what is the hurdle rate? With Explanation
If Estate has an ROI of 16% based on revenues of $400,000. the residual income is $14,000 and the investment turnover is 2. The hurdle rate is 9%.
How to find hurdle rate?First step is to find the investment turnover using this formula
Investment turnover=Sales/invested capital
Investment turnover = ($14,000 / $400,000) × 2
Investment turnover = 0.035 × 2
Investment turnover =0.07
Second step is to find the hurdle rate using this formula
Hurdle rate = ROI - Investment turnover
Hurdle rate = 0.16 - 0.07
Hurdle rate = 0.09× 100
Hurdle rate = 9%
Therefore the hurdle rate is 9%.
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Expenses and revenues that relate directly to the principal revenue-generating activities of the company are classified as _________items on the income statement. (Enter only one word.)
Answer:
Expenses and revenues that relate directly to the principal revenue-generating activities of the company are classified as Operating Income items on the income statement.
Explanation:
Operating Income
Operating income comprises revenues and expenses and gains and losses It instantly correlated to the principal revenue-generating movements of the company. Nonoperating income hold items that are not directly associated with these activities.Learn more about operating income, refer:
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On January 1, 2024, Splash City issues $320,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year.
Assuming the market interest rate on the issue date is 9%, the bonds will issue at $293,938.
2. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024.
(Interest Expense does not equal 12800)
To record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024, we need to consider the issuance of the bonds and the accrual of interest expense.
1. Bond Issue on January 1, 2024:
Date Account Debit Credit
--------------------------------------------------------
January 1, 2024 Cash $293,938
Bonds Payable $320,000
To record the issuance of $320,000 face value bonds at a discounted price of $293,938.
2. Semiannual Interest Payment on June 30, 2024:
Date Account Debit Credit
--------------------------------------------------------
June 30, 2024 Interest Expense $14,400
Cash $14,400
To record the semiannual interest payment ($320,000 * 8% / 2 = $12,800) for the period from January 1, 2024, to June 30, 2024.
3. Semiannual Interest Payment on December 31, 2024:
Date Account Debit Credit
--------------------------------------------------------
December 31, 2024 Interest Expense $14,400
Cash $14,400
To record the semiannual interest payment ($320,000 * 8% / 2 = $12,800) for the period from July 1, 2024, to December 31, 2024.
Please note that the interest expense amount mentioned in the question might be incorrect. Based on the information provided, the interest expense should be $12,800 for each semiannual interest payment, resulting in a total of $25,600 for the year 2024.
A ___ is a tax on imported goods. A ___ is a quantitative restriction on imported goods.
Cost,subsidy
Regulation, standard
Tariff,quota