Maya is struggling with the dialectical tension known as autonomy/connection.Autonomy/connection refers to the conflicting desires for independence and individuality.
By expressing her dissatisfaction with the routine, Maya is signaling her desire for autonomy, the freedom to make choices and explore new options. She wants to break away from the predictable pattern and exercise her individuality by trying something different. This tension arises when one partner desires more personal freedom or independence, while the other partner may value the comfort and stability of the routine and seek connection through familiar experiences.
Maya's struggle with the autonomy/connection tension highlights the natural conflicts that can occur in relationships. It is essential for Maya and her husband to communicate openly and find a balance that addresses both partners' needs. They can explore alternative activities that provide novelty and individual expression while also fostering connection and togetherness. By acknowledging and navigating this dialectical tension, Maya and her husband can work towards a solution that maintains the relationship's stability while allowing for personal autonomy and growth.
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Maya is struggling with the dialectical tension known as autonomy/connection. Autonomy/connection refers to the conflicting desires for independence and individuality.
By expressing her dissatisfaction with the routine, Maya is signaling her desire for autonomy, the freedom to make choices and explore new options. She wants to break away from the predictable pattern and exercise her individuality by trying something different. This tension arises when one partner desires more personal freedom or independence, while the other partner may value the comfort and stability of the routine and seek connection through familiar experiences.
Maya's struggle with the autonomy/connection tension highlights the natural conflicts that can occur in relationships. It is essential for Maya and her husband to communicate openly and find a balance that addresses both partners' needs. They can explore alternative activities that provide novelty and individual expression while also fostering connection and togetherness. By acknowledging and navigating this dialectical tension, Maya and her husband can work towards a solution that maintains the relationship's stability while allowing for personal autonomy and growth.
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standard oil company was the empire of which business mogul?
(14%) Let A[1..n] be an array of n positive numbers. Entry A[i] represents the trading price of a stock X on the i-th day (and hence the numbers are ordered chronologically). Write an algorithm max-profit that returns a pair (a, b) such that if one buys stock X on the a-th day and sells it on the b-th day, the maximum profit is made. Give the time complexity of your algorithm in Big-O. Show the derivation of the complexity result.
To solve this problem, we can use a simple algorithm that iterates through the array and keeps track of the minimum price seen so far and the maximum profit.
The algorithm works as follows: Initialize variables: min_price = A[1], max_profit = 0, buy_day = 1, sell_day = 1. Iterate through the array A from the second element to the last: If A[i] < min_price, update min_price = A[i]. If A[i] - min_price > max_profit, update max_profit = A[i] - min_price, buy_day = index of min_price, sell_day = i. Return the pair (buy_day, sell_day). The time complexity of this algorithm is O(n), where n is the size of the array A. This is because we perform a single pass through the array, comparing and updating values in constant time for each element. Therefore, the algorithm has a linear time complexity.
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T/F creativity is both derivative and unique
The correct answer is True. Creativity can be both derivative and unique at the same time. Derivative creativity involves taking existing ideas or concepts and adapting or modifying them to create something new. This form of creativity involves drawing inspiration from existing ideas and adding your own unique twist to them.
Unique creativity, on the other hand, involves creating something entirely new and original that has never been seen or heard of before. This type of creativity requires a high degree of originality, imagination, and innovation. It is important to note that both forms of creativity are equally valuable and can lead to great success. Some of the most successful and iconic works of art, music, and literature have been derivative in nature, taking inspiration from existing works and adding their own unique spin. At the same time, many groundbreaking inventions and ideas have stemmed from unique creativity, leading to transformative change in various industries.
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True or False: Variable annuities have greater potential for higher returns, but also present. higher risk to the investor.
Answer:
true
Explanation:
Variable annuities have greater potential for higher returns, but also present. higher risk to the investor, is the true statement.
What are Variable annuities?The contract value of a variable annuity varies in response to anticipated market ups and downs. A fixed annuity, as opposed to this, provides a fixed interest rate irrespective of the situation of the market.
The main benefit of a variable annuity is the potential growth that your investments could see. Among several annuity types, such as fixed annuities, a variable annuity may offer the best return. The cause of this is your market investments.
With a variable annuity, any account growth you experience is tax-deferred until you begin taking withdrawals later on. Consequently, the total amount of money that would have been paid annually in
Thus, it is a true statement.
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4. What is a private enterprise system? What four rights are
critical to the operation of capitalism? Why would capital-
ism function poorly in a society that does not ensure these
rights for its citizens?
1
The four rights that are critical to the operation of capitalism are:
the right to own private property, the right to own a business and keep all that business's profits, the right to freedom of choice, the right to freedom of competition.The main reason why capitalism would function poorly in a society that does not ensure these rights for its citizens is that they would not be able to do business in a free way.
What is a private enterprise system?
This refers to the capitalist, market-based economy, rather than a command economy
Hence, we can see that The four rights that are critical to the operation of capitalism are:
the right to own private property, the right to own a business and keep all that business's profits, the right to freedom of choice, the right to freedom of competition.The main reason why capitalism would function poorly in a society that does not ensure these rights for its citizens is that they would not be able to do business in a free way.
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If the san diego opera decreases the price of their opera tickets and their total revenue falls, then this suggests that, at the original price, the demand for tickets to the san diego opera was:_________
If the san Diego opera decreases the price of their opera tickets and their total revenue falls, then this suggests that, at the original price, the demand for tickets to the san Diego opera was: inelastic.
The San Diego Opera Association (SDO) is a professional opera company based in San Diego, California. Founded in 1965, it presents opera under the name San Diego Opera. It is a member of the OPERA America Professional Association, which ranks among the top ten opera companies in the United States.
The company he incorporated as the San Diego Opera Guild in 1950. Starting with his 1965 La Bohème, SDO produced its own work. From the beginning, the company performed at the San Diego Civic Theater in downtown San Diego. Five operas were performed each season until the 2008 recession. In 2008, this was reduced to his four productions which he had scheduled from January to April.
In March 2014, the Opera Board announced that the 2014 season would be it's last, but this decision was later overturned by the company's board and a shortened 2015 season, already planned, was announced. , the number of titles increased. From 4 to 3. David Bennett of Gotham Chamber Opera was hired as general director.
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What is a mortgage loan used for?
A: To pay for school
B: To buy a house
C: To buy a car
D: To pay off credit card debt
an arm loan for 30 years at an annual interest rate of 4% and a balance of $50,000 was made. suppose the market index rises at the end of one year and the new interest rate on the arm is 6%. what is the new monthly payment on the outstanding loan balance for the remaining 29 years?
The new monthly payment for the remaining 29 years of the loan total is $298.16.
The term "Loan Amount" refers to the sum of money we currently owe you for this mortgage. The loan amount may also include other fees, interest on other fees, defaulted payments, interest on defaulted payments, unpaid principal, and interest on the unpaid principal.
The Initial Monthly Payment (PMT) is calculated using inputs in the first step.
PV = Original loan amount = $50,000
Nper = 30*12
Rate = 4%/12
The Balance after One Year (FV) is calculated utilizing
PV = Initial balance = $50,000
Nper = 1*12
PMT = Calculated in 1st step
Rate = 4%/12
Inputs are used to calculate The New Monthly Payment (PMT).
PV = Balance one year later (calculated in Step 2)
Nper = 29*12
Interest rate = 6%/12
Final Amount = $298.16
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Mary Beth is thinking of marketing a new energy drink. Her target market will be parents of young children who need an energy boost in the car while driving from school to sport games. She plans on testing whether or not parents will buy her new energy drink by offering free samples to the first 100 parents leaving Trade Joe's at Stonestown. If the majority of the parents say they will buy her product, she will go ahead with the product launch. Mary Beth may have a problem with the ___________ of her findings in this market research project
Answer:
efefws
Explanation:
Suppose Autodesk stock has a bela of 2.30, whereas Costco stock has a bota of 0.73 If the risk free interest rate is 3% and the expected return of the market portfolio is 12.5%, what is the expected retum of a portfolio that consists of 55% Autodesk stock and 35% Coto stock according to the CAPM? Cuxs The expected return is ____ % (Round to two decimal places)
The expected return of the portfolio is 15.35% (rounded to two decimal places). Therefore, option A is the correct answer.
The formula to calculate the expected return of the portfolio using the capital asset pricing model (CAPM) is as follows: Expected return of the portfolio = Risk-free rate + Beta (Market rate of return - Risk-free rate) First, we need to calculate the expected return of Autodesk and Costco stock by using the CAPM. Expected return of Autodesk stock = 3% + 2.3(12.5% - 3%) = 23.95% Expected return of Costco stock = 3% + 0.73(12.5% - 3%) = 8.635%Next, we can calculate the expected return of the portfolio by using the following formula:
Expected return of the portfolio = w1 × Expected return of Autodesk + w2 × Expected return of Costco, where w1 and w2 are the weight of Autodesk and Costco stocks in the portfolio respectively. Since the portfolio consists of 55% Autodesk stock and 35% Costco stock, we can substitute the values and calculate as follows: Expected return of the portfolio = 0.55 × 23.95% + 0.35 × 8.635% = 15.35% Hence, the expected return of the portfolio is 15.35% (rounded to two decimal places). Therefore, option A is the correct answer
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Jim's Accessories bought 110 necklaces for $10 each on account. Payment terms are 5/10, n/30. In addition, 10 necklaces were returned prior to payment. The entry to record the return would include: A. a debit to Accounts Payable for $100. B. a debit to Merchandise Inventory for $95. C. a debit to Merchandise Inventory for $100. D. a debit to Accounts Payable for $95.
Jim's Accessories bought 110 necklaces for $10 each on account. Payment terms are 5/10, n/30. In addition, 10 necklaces were returned prior to payment. The entry to record the return would include a debit to Accounts Payable for $95.
When Jim's Accessories bought the 110 necklaces for $10 each on account, it means that they made a purchase on credit. Payment terms of 5/10, n/30 means that Jim's Accessories can get a discount of 5% if they pay within 10 days, otherwise, they need to pay the full amount within 30 days.
However, before payment was made, 10 necklaces were returned. This means that Jim's Accessories now owes the supplier for 100 necklaces, not 110.
To record the return, the entry would include a debit to Accounts Payable, which is the account used to record purchases made on credit, and a credit to Merchandise Inventory, which is the account used to record inventory purchases. The amount of the debit would be the cost of the returned necklaces, which is $95 ($10 x 10 - 5% discount).
Therefore, the correct answer is D. a debit to Accounts Payable for $95.
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Does decreasing the value of the local currency contributes in the increase of the economic growth rate
Answer:
Yes
Explanation:
Devaluation is the purposeful reduction of the value of a nation's currency in relation to another currency or group of currencies. When the currency is devalued, it can lead to an increase in the export of the nation's produce because the price of the exported goods is cheaper and foreign countries are most likely to purchase cheap goods.
The economic growth rate of a nation is the change in percent of goods and services produced in a country over a period of time. It gives an idea of the income of the average citizen in the country. When the value of the local currency is devalued, exports will increase and that will also cause an increase in the income of citizens. This translates to a resultant increase in the economic growth rate of the nation.
An investor whose highest priority is getting the largest gains possible, even if
it requires a lot of risk, would most likely invest in ________.
A. Hedge funds
B. Bonds
C. Mutual funds
D. Saving accounts
The investor whose highest priority is getting the largest gains possible would invest in hedge funds. (option A)
What are hedge funds?Hedge funds are alternative investments that pool the financial resources of different high net worth people together in order to invest in different ventures. Hedge funds are known to invest in different risky and illiquid investments. This increases the rate of their returns relative to other options.
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QUESTION 1 of 10: Chandra likes her new credit card. She uses it whenever she can, but she's careful to stay below her credit limit. After two months she notices her credit card bill includes huge finance charges. She chose her card because it featured 0% APR, so she doesn't think she should have any finance charges at all. What is the most likely explanation for the finance charges on Chandra's bill
Answer:
The introductory rate on the card is no longer in effect
Explanation:
Since in the question it is mentioned that after two months she notices that the credit card bill involves the high finance charges but she select the car that have % APR so here the explanation should be with respective to the finance charges is that the introductory rate would have no impact on the credit card
Therefore the same is to be considered
Somebody report all my post thank you ♀️ I wanted everything deteled !!!!
Edwards has decided to use monetary-unit sampling in the audit of an entity's accounts receivable balance. Few, if any, misstatements of account balance overstatements are expected a. Calculate the sample size and the sampling interval Edwards should use for the following information: Tolerable misstatement = $15,000 Expected misstatement = $6,000 Desired confidence level = 95% Recorded amount of accounts receivable balance $300,000 b. Calculate the upper misstatement limit (UML) assuming that the following three misstatements were discovered in testing based on the MUS sample computed in part (a). c. Document the auditor's conclusion about the fairness of the accounts receivable balance based on your testing.
a. Sampling Interval (SI) = $5,660.38, b. The Upper Misstatement Limit (UML) for MUS is $38,171.32, if the UML exceeds the tolerable misstatement, the auditor may need to perform further audit procedures or consider adjusting the accounts receivable balance for potential misstatements.
a. To calculate the sample size and the sampling interval using monetary-unit sampling (MUS), we can use the following formulas:
Sample Size (n) = (Total Recorded Amount * (Tolerable Misstatement / Recorded Amount)) / [(1 - Expected Misstatement / Tolerable Misstatement) * Reliability Factor]
Sampling Interval (SI) = Recorded Amount / Sample Size
Where:
Total Recorded Amount = $300,000 (given)
Tolerable Misstatement = $15,000 (given)
Expected Misstatement = $6,000 (given)
Reliability Factor for 95% confidence level is 2.66 (from standard MUS tables)
Plugging in the values, we get:
Sample Size (n) = ($300,000 * ($15,000 / $300,000)) / [(1 - $6,000 / $15,000) * 2.66] = 53.38 (rounded to the nearest whole number)
Sampling Interval (SI) = $300,000 / 53 = $5,660.38 (rounded to the nearest cent)
b. The Upper Misstatement Limit (UML) for MUS is calculated as:
UML = (Sampling Interval * Maximum Allowable Deviation) + Expected Misstatement
Assuming the following three misstatements were discovered in testing:
Misstatement 1 = $4,500
Misstatement 2 = $3,200
Misstatement 3 = $5,800
Maximum Allowable Deviation = Maximum of the above misstatements = $5,800
Plugging in the values, we get:
UML = ($5,660.38 * $5,800) + $6,000 = $38,171.32 (rounded to the nearest cent)
c. The auditor's conclusion about the fairness of the accounts receivable balance would depend on whether the UML exceeds the tolerable misstatement. If the UML is less than or equal to the tolerable misstatement of $15,000, the auditor may conclude that the accounts receivable balance is fairly stated. However, if the UML exceeds the tolerable misstatement, the auditor may need to perform further audit procedures or consider adjusting the accounts receivable balance for potential misstatements.
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when a new competitor threatened to compete with your team’s product line, you noticed that your teammates started working together more effectively to counter this threat.
Group cohesiveness is the best performance factor that describes the above terminology.
Group cohesiveness is the ability of a team to work together in order to produce the desired objective.
When a team is threatened by a new competitor, it tends to focus more on work and also shows unity in reaching a goal.
A new competitor acts as an important contributor in unifying a team and pushing it to reach the desired objective. The team tries its best to work better than the competitor.
Although a part of your question is missing, you might be referring to this question:
Match each description with the corresponding group performance factor that best describes it.
When a new competitor threatened to compete with your team's product line, you noticed that your teammates started working together more effectively to counter this threat.
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#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.
What is the rationale behind the optimal choice of the consumer?
if d varies directly as t and d = 20.5 when t=12 find:(a) the value of the constant (b) the relationship between d and t (c) the value of d when t =6.
Answer:
(a) \(k=\frac{41}{24}\)
(b) \(d=\frac{41}{24} t\)
(c) \(d=\frac{41}{4}\)
Explanation:
As d varies directly as t,
\(d=kt\)
Here, k is a constant.
(a)
Put \(d=20.5\,,\,t=12\)
\(20.5=12k\\\\k=\frac{41}{24}\\\\k= 1.71\)
(b)
Put \(k=\frac{41}{24}\) in \(d=kt\)
\(d=\frac{41}{24} t\)
(c)
Put \(t=6\) in \(d=\frac{41}{24} t\)
\(d=\frac{41}{24} (6)\\\\d=\frac{41}{4}\)
When an emerging market suffers an economic decline, foreign investors usually:
a. help the emerging market to recover economically.
b. use the opportunity to invest more in the emerging market.
c. quickly withdraw their money from the emerging market.
d. pay less for each transaction in the emerging market.
When an emerging market suffers an economic decline, foreign investors usually (c) quickly withdraw their money from the emerging market.
This is because they perceive the market to be risky and unpredictable, and they want to minimize their losses. This can exacerbate the economic decline, as the sudden outflow of foreign capital can destabilize the local currency and financial system.
However, some investors may (b) use the opportunity to invest more in the emerging market if they believe that the decline is temporary and that the market has long-term growth potential. Overall, the response of foreign investors to an economic decline in an emerging market can depend on a variety of factors, including the severity of the decline, the political stability of the country, and the investor's risk tolerance.
When an emerging market experiences an economic decline, foreign investors often choose to quickly withdraw their money from the emerging market. This is because they may perceive a higher risk associated with their investments in the declining market, and they may want to protect their assets by moving them to a more stable market or investment opportunity.
Therefore, the correct answer is option c.
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the similarities of African countries
The similarities between African countries are:
Background on Agriculture in Africa
Despite the great potential for agricultural production in Africa,UNDP states that about 73% of the poor people living in rural areas subsist on less than a dollar a day.In addition, the continent has about 200 million of the world’s hungry people (Millennium Development Goals (MDGs) Technical Support Centre.Furthermore, available statistics suggest that about one-third of the continent’s population is malnourished.Africa is also the only continent where food production has been falling over the years.One of the maximum famous suggestions for the origins of the time period 'Africa' is that it's far derived from the Roman call for a tribe living in the northern reaches of Tunisia, believed to possibly be the Berber human beings. The Romans variously named these human beings 'Afri', 'Afer', and 'If'.
It is brimming full of big things. As the second biggest continent in the world, Africa is jam-full of a number of the world's biggest things: the biggest desolate tract within the globe, the Sahara wilderness (explore it on our Morocco itineraries). The longest river in the world, the Nile River, runs for 6,853km (4,258mi).
Luxembourg is a small, landlocked U. S . Positioned in western Europe and bordered by means of Belgium, France, and Germany. With a population of 642,371, Luxembourg is the simplest Grand Duchy in the world. Its GDP in keeping with a capita of $a hundred and forty,694 makes it the sector's richest.
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suppose you wish to borrow $200 for four weeks and the amount of interest you must pay is $10 per $100 borrowed. what is the apr at which you are borrowing money?
The APR (annual percentage rate) at which the money is being borrowed is 130%.
To calculate the APR, we need to first calculate the total amount to be repaid at the end of four weeks, including the interest. Since the borrower is borrowing $200 and the interest rate is $10 per $100 borrowed, the total amount to be repaid is:
$200 + ($200 * 10%) = $220
Now, to calculate the APR, we need to determine the interest rate that would be charged for a full year if we were to borrow $220. Since the loan term is four weeks, we need to convert it to a yearly rate:
52 weeks per year / 4 weeks per loan term = 13 loan terms per year
To get the annual interest rate, we need to multiply the interest rate per loan term by the number of loan terms in a year:
10% interest per loan term * 13 loan terms per year = 130% APR
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________ is used to induce employees to behave in predictable, accountable ways.
A) A hybrid structure
B) An organic structure
C) A stationary structure
D) A mechanistic structure
The correct answer is D) A mechanistic structure.
A mechanistic structure is used to induce employees to behave in predictable, accountable ways. It is a traditional organizational structure characterized by clear hierarchies, formalized procedures, and strict rules and regulations. In a mechanistic structure, tasks and responsibilities are clearly defined, decision-making is centralized, and there is a focus on efficiency, control, and standardization. This structure aims to minimize ambiguity, promote uniformity in behavior, and ensure employees adhere to established protocols and guidelines. By providing a well-defined framework and clear expectations, a mechanistic structure helps to create consistency and predictability in employee behavior within an organization.
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________ represents a huge challenge for IT departments because it means IT loses the ability to fully control and manage employee devices.
The huge challenge for the IT department is said to be Bring your own device(BYOD)
Bring your own device(BYOD)Bring your own device(BYOD), also known as bring your own technology, bring your own phone, and bring your own personal computer —refers to being allowed to use one's personally owned device, rather than being required to use an officially provided device.
Bring your own device(BYOD)Therefore, the challenge is Bring your own device(BYOD).
Bring your own device(BYOD) is a big challenge for IT departments .
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Error in amortization schedule 乌ி LO14-3 Nakano Food Products, Inc., acquired a packaging machine from Lawrence Specialists Corporation. - Lawrence completed construction of the machine on January 1, 2022. - In payment for the machine Nakano issued a threeyear installment note to be paid in three equal payments at the end of each year. - The payments include interest at the rate of 10%. - Lawrence made a conceptual error in preparing the amortization schedule, which Nakano failed to discover until 2024. - The error had caused Nakano to understate interest expense by $45,000 in 2022 and $40,000 in 2023. Required: I. Determine which accounts are incorrect as a result of these errors at January 1. 2024, before any adjustments. Explain your answer. (Ignore income taxes.) 2. Prepare a journal entry to correct the error. 3. What other step(s) would be taken in connection with the error?
1. Accounts affected by the errors at January 1, 2024, before any adjustments need to be determined.(2.) A journal entry should be prepared to correct the error.(3.) Additional steps may be required to address the error.
1. Accounts affected by the errors: The errors in the amortization schedule caused Nakano to understate interest expense by $45,000 in 2022 and $40,000 in 2023. As a result, the interest expense account for both years would be understated. The notes payable account would also be affected because the correct amount of interest expense should have been included in the note payable balance. Therefore, at January 1, 2024, before any adjustments, the interest expense and notes payable accounts would be incorrect due to the errors.
2. Journal entry to correct the error: To rectify the errors, a correcting journal entry needs to be made. The entry would involve increasing the interest expense account by $45,000 for 2022 and $40,000 for 2023, as these amounts were previously understated. Additionally, the notes payable account should be adjusted by the same amounts to reflect the correct balances. The journal entry would debit the interest expense account and credit the notes payable account.
3. Other steps in connection with the error: Apart from the journal entry, further steps may be taken to address the error. This may include notifying external parties, such as auditors or stakeholders, about the correction made to the financial statements. It is important to ensure that the corrected financial statements are properly communicated and any necessary disclosures or adjustments are made to prevent future misstatements. Internal controls and review processes may also be evaluated or strengthened to minimize the chances of similar errors occurring in the future.
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douglas corporation reports operating expenses of $550,000. operating expenses include rent expense. prepaid rent at the beginning and end of the year are $60,000 and $20,000, respectively. all other operating expenses were paid in cash as incurred. what is the amount of cash paid for operating expenses?
If the operating expenses of $550,000, prepaid rent at the beginning and end of the year are $60,000 and $20,000, respectively. Then the amount of cash paid for operating expenses is $470000.
Total operating expenses = $550000
Prepaid rent = $60000 + $20000 = $80000
Amount of cash paid = $550000 - $80000 = $470000
An expenditure incurred by a firm as part of ongoing operations is known as an operational expense.Operating costs, often known as OPEX, include rent, furniture, inventory costs, marketing, payroll, insurance, step costs, and money set aside for R&D.If a firm works with the intention of making a profit, the Internal Revenue Service (IRS) permits enterprises to write off operating expenditures.A firm may incur expenses that are unrelated to its primary activities, which are referred to as non-operating expenses.Most firms must incur operating costs because they cannot be avoided. Some companies are effective in lowering operational costs to acquire a competitive edge and boost profits.Learn more about Operational expense, here
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If there is always a three-for-one tradeoff between goods X and Y, then the PPF between X and Y is:_______
a. a downward-sloping curve that is bowed outward.
b. a downward-sloping curve that is bowed inward.
c. a downward-sloping straight line.
d. an upward-sloping straight line.
Answer:
c. a downward-sloping straight line.
Explanation:
In case when there is a three for one tradeoff lies between the X goods and Y goods so the curve of PPF should be fall sloping contains straight line. This slope should be downward as it generated more and more of one goods and it could be sacrificed for the other good and the reason of the straight line is that here the opportunity cost would remain the same or constant
Therefore in the given case, the correct option is C.
A straight line, downward - sloping demand curve often mean that, as price falls, there is an elasticity of demand. If there is always a three-for-one tradeoff between goods X and Y, then the PPF between X and Y is a Downward-sloping straight line.
Trade-off is simply known as a situational decision. It is simply the reduction of one quality, quantity, or property so as to get gains in other areas.It is simply known as where one thing increases, another have to decrease. it often arise from limitations of a lot of source.
It is often called a tactical or strategic choice made with full knowledge of the advantages and disadvantages of each decision.
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why is each of the 4 factors of production important in running a business
Answer:
to run business sucessfully with out any type pf loss
cherokee incorporated is a merchandiser that provided the following information: amount number of units sold 12,000 selling price per unit $ 18 variable selling expense per unit $ 2 variable administrative expense per unit $ 1 total fixed selling expense $ 20,000 total fixed administrative expense $ 16,000 beginning merchandise inventory $ 10,000 ending merchandise inventory $ 22,000 merchandise purchases $ 89,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.
By closing c/d = 73000 and Rest selling exp. = 1,72,000
Traditional Income Statement
Particulars Amount Particulars Amount
To opening inventory 10000 By Total fixed sell ex. 20000
To administration expense 16000 By closing inventory 22000
To Merchandise expense 89000 By closing c/d 73000
1,15,000 1,15,000
Contribution margin income statement
Particulars Amount Particulars Amount
To variable admin exp. 12000 By variable selling exp. 24000
To net profit A/c 1,84,000 By selling exp. 1,72,000
1,96,000 1,96,000
W/N
Total selling exp. = 18 × 12000
= 216000
Less :- variable selling exp = 24000
= 192000
Less :- total fixed selling exp = 20000
Rest selling exp. = 1,72,000
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