28. When a central bank wants to pursue an expansionary monetary policy, it can pump excess reserves into the banking system.
29. A proposed alternative to the Taylor Rule is the Mankiw Rule: The consumer price index core inflation rate over the past 5 years.
36. A leveraged buyout is an example of a long-term business loan.
By granting banks extra reserves, lowering the reserve requirement stimulates the economy by encouraging the growth of bank credit and lowering interest rates. Lower reserve requirements indicate an expansionary monetary policy by the Federal Reserve.
Banks don't need to keep as much cash on hand because the reserve requirement has been lowered. They now have more money for loans to individuals and companies. A greater reserve requirement denotes a contractionary monetary policy of the Federal Reserve. There will be less money available to lend to individuals and companies if banks have greater reserve requirements.
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A travel agent arranges a vacation at Disney World for the Smith family that includes airfare, lodging, and dinner reservations. These industries are collectively known as the
Tourism and Restaurant career cluster.
Tourism and Lodging career cluster.
Hospitality and Tourism career cluster.
Hospitality and Recreation career cluster.
Answer:
Its B
Explanation:
Answer:
C.
Explanation:
Edge
equipment acquired at a cost of 10500 has an estimated residual value of 12000 and an estimated useful life of 10 years. it was placed into service on may 1 of the current fiscal year which ends dec 31. determine the depretiaton for the current year and for the following year straight line and double declining
To determine the depreciation for the current year and the following year using straight-line and double declining balance methods, we need to consider the equipment's cost, estimated residual value, and estimated useful life.
1. Straight-line method:The straight-line method evenly distributes the depreciation expense over the useful life of the equipment. Depreciation expense per year = (Cost - Residual value) / Useful life
Depreciation expense for the current year: Depreciation expense = (10500 - 12000) / 10 Depreciation expense = -1500 / 10 Depreciation expense = -150 Depreciation expense = -150
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The depreciation for the current year using the double declining balance method is -$2,100, and for the following year, it is -$1,890.
Explanation :
The depreciation for the current year and the following year can be calculated using the straight-line and double declining balance methods.
Straight-line depreciation is calculated by subtracting the estimated residual value from the initial cost and dividing it by the estimated useful life. In this case, the initial cost is $10,500, the estimated residual value is $12,000, and the estimated useful life is 10 years. Therefore, the annual depreciation expense using the straight-line method would be:
($10,500 - $12,000) / 10 = -$150 / year
Since depreciation is an expense, it is represented as a negative value.
For the following year, the straight-line depreciation would still be -$150.
On the other hand, the double declining balance method calculates depreciation at a faster rate in the early years and slows down in later years. It is calculated by taking the straight-line rate (1/estimated useful life) and doubling it. The double declining balance depreciation expense for the first year would be:
2 * ($10,500 / 10) = -$2,100
For the following year, the double declining balance depreciation expense would be:
2 * ($10,500 - $2,100) / 10 = -$1,890
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Which type of chart or graph shows data with distinct x and y values?
O a bar graph
O a scatter plot
O a line chart
O a pie chart
Answer:
A. a bar graph is the answer
started business with cash Rs 100000 and furniture Rs 50000
Answer:
See below
Explanation:
Cash and furniture are assets. An increase in assets is debited. The amounts used to buy the in facilitating the transactions is the capital.
The journal entry will be as below,
Cash A/c Dr. Rs 100,000
Furniture A/c Dr. Rs 50,000
Capital A/c Cr. Rs 150,000
Click this link to view O*NET’s Tasks section for General and Operations Managers. Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common tasks performed by General and Operations Managers? Check all that apply.
filing paperwork and entering data into computers
researching, purchasing, installing, and maintaining computers and office technology
reviewing financial statements, sales and activities reports, and other data
overseeing activities related to making products or providing services
managing staff, preparing work schedules, and assigning duties
directing and coordinating activities of businesses or departments
Answer:
C). Reviewing financial statements, sales, and activities reports, and other data
D). Overseeing activities related to making products or providing services .
E). Managing staff, preparing work schedules, and assigning duties
F). Directing and coordinating activities of businesses or departments.
Explanation:
The general and operations managers are responsible for managing the use of resources in the organization and supervising the budget and finances. He/she assesses the financial statements associated with sales, activity reports, and other data related to the projects going on. He/she also looks after the activities associated with making products or dispensing services, preparation of work schedules, managing the staff, assigning responsibilities to them, and directing the staff appropriately to ensure coordination among various activities that are going on at different levels and departments which helps in collectively bringing out the desired output for the organization. Thus, options C, D, E, and F are the correct answers.
Answer:
3,4,5 and 6
Explanation:
3. reviewing financial statements, sales and activities reports, and other data
4. overseeing activities related to making products or providing services
5. managing staff, preparing work schedules, and assigning duties
6. directing and coordinating activities of businesses or departments
Done on Edg Jan.2021
Assume you are the owner of mike boyle strength and conditioning and you realize that your health insurance costs are increasing because your employees are feeling stressed, which is causing burnout and illness. what might you do to help ameliorate this problem
Implement wellness programs, provide stress management resources, and foster a supportive work environment to alleviate employee stress and reduce health insurance costs.
To address rising health insurance costs due to employee stress, as the owner of Mike Boyle Strength and Conditioning, I would implement comprehensive wellness programs that encompass physical fitness, mental health support, and stress management resources.
By fostering a workplace culture that prioritizes work-life balance, offers relaxation initiatives, and encourages open communication, employees can better manage stress, reducing burnout and illness.
This proactive approach not only improves employee well-being but also contributes to long-term cost savings by mitigating health-related expenses and enhancing overall productivity and satisfaction within the organization.
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Darma, a 56-year-old female, believes she has a cause of action against her employer because she is being paid less than a male worker who performs the same work. Which law or ruling is most applicable to this scenario? A. Title VII of the Civil Rights Act B. Lilly Ledbetter Fair Pay Act C. Equal Pay Act D. Consolidated Omnibus Reconciliation Act E. Age Discrimination in Employment Act
The law or ruling most applicable to this scenario is the Equal Pay Act (EPA). The EPA is a federal law that prohibits employers from paying employees of one sex less than employees of the opposite sex for equal work that requires equal skill, effort, and responsibility, and is performed under similar working conditions.
Darma believes that she is being paid less than a male worker who performs the same work. This would potentially violate the provisions of the EPA, which aims to eliminate gender-based wage discrimination in the workplace.
Darma could have a cause of action under the EPA and could potentially pursue legal action against her employer to seek remedies for the wage disparity. The Consolidated Omnibus Reconciliation Act and the Age Discrimination in Employment Act are also unrelated to this scenario.
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The following information is available for Lock-Tite Company, which produces special-order security products and uses a job order costing system. April 30 May 31 Inventories Raw materials $ 49,500 $ 65,000 Work in process 11,500 23,900 Finished goods 69,500 48,600 Activities and information for May Raw materials purchases (paid with cash) 223,000 Factory payroll (paid with cash) 371,000 Factory overhead Indirect materials 28,000 Indirect labor 93,000 Other overhead costs 133,000 Sales (received in cash) 1,530,000 Predetermined overhead rate based on direct labor cost 80 % Determine whether there is over or underapplied overhead. Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods So
Answer:
Your answer is given below:
Explanation:
A pure monopolist is producing an output such that ATC= $12, P= $10, MC $6, MR = $5, and AVC = $7. This firm is realizing
Multiple Choice
O an economic profit that could be increased by producing more output.
O an economic loss that could be reduced by producing more output.
O an economic loss that could be reduced by producing less output.
O an economic profit that could be increased by producing less output
First option is correct. The firm is realizing an economic profit that could be increased by producing more output.
In a monopolistic market, a firm has the power to set the price and quantity of its output. In this scenario, the average total cost (ATC) is $12, the price (P) is $10, the marginal cost (MC) is $6, the marginal revenue (MR) is $5, and the average variable cost (AVC) is $7.
To determine whether the firm is earning an economic profit or loss, we compare the price (P) with the average total cost (ATC). If P is greater than ATC, the firm is earning an economic profit. Conversely, if P is less than ATC, the firm is experiencing an economic loss.
Here, the price of $10 is greater than the average total cost of $12, indicating that the firm is earning a profit per unit of output. Additionally, since the marginal revenue (MR) is less than the marginal cost (MC), the firm is operating in an area of diminishing returns. This means that the firm could increase its profit by producing more output until marginal revenue equals marginal cost.
Therefore, the firm has the opportunity to increase its economic profit by expanding production and increasing output.
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Refer to Table 13‐6. Each worker at the Wooden Chair Factory costs $12 per hour. The cost of each machine is $20 per day regardless of the number of chairs produced. If the factory produces at a rate of 70 chairs per hour and operates 8 hours per day, what is the factory's total labor cost per day? a. $72 b. $112 c. $576 d. $616
The rate of production is 70 chairs per hour, which means that in 8 hours the factory will produce 70 x 8 = 560 chairs.
The labor cost per worker is $12 per hour. To calculate the total labor cost per day, we need to determine how many workers are needed to produce 560 chairs in 8 hours.
From the table, we can see that it takes 4 workers to produce 70 chairs in an hour. Therefore, to produce 560 chairs in 8 hours, the factory needs 4 x 8 = 32 workers.
The total labor cost per day is the cost per worker multiplied by the number of workers, which gives $12 x 32 = $<<12*32=384>>384.
However, we also need to add the cost of the machines, which is a fixed cost of $20 per day.
Therefore, the total cost per day for the Wooden Chair Factory is $384 + $20 = $<<384+20=404>>404.
Therefore," the correct answer is not given in the options provided. The closest option is d) $616, which is not the correct answer. The correct answer is $404."
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Whoever answers gets brainlist!
Sub chapter s corporations have almost no restrictions and are easily formed and operated. true or false
Answer:
false
Explanation:
S corporation form of business ownership is one type of corporation. It is a corporation whose shareholders have elected to become an S corporation. The formation of this form of business structure is not easy. First, a corporation is formed as per the requirements of the laws. Some requirements include drafting of articles and memorandum of association, appointing directors, and registering the corporation.
The shareholder can then apply to be an S incorporation if they meet the requirement. Some of them are
1. Should not have more than 100 shareholders
2. Shareholders should be individual or some exempt entities.
3. Have one class of stock
both karl marx and max weber were in agreement that economic conditions played a role in producing inequality in society. however, max weber also suggested two other sources of social inequality and conflict. these sources are
According to Max Weber's conflict theory, political, social, and economic factors all contribute to conflict. This theory seeks to explain societal development and stability as a result of group conflict by emphasising rivalry between social groups rather than individuals (Marx & Engels, 1847).
What is conflict theory?Conflict theories are vantage points in sociology and social psychology that emphasise a materialist reading of history, a dialectical method of analysis, a critical attitude towards current social structures, and a political programme of revolution or, at the very least, reform. Competition, revolution, structural inequality, and war are the four main presuppositions of contemporary conflict theory that are important to comprehend. Conflict theory, for instance, can be used to examine wars, violence, revolutions, and many forms of injustice and discrimination by arguing that these issues are brought on by a societal imbalance that is inherent to society.
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the main disadvantage of financial leverage is that it:
The risk to the economy is increased. A kind of funding called debt may enable a company to expand more quickly. Financial leverage is even more effective, but a higher-than-average debt load could place a corporation in an excessively leveraged situation, increasing risk exposure.
Because they run a bigger risk, they might have to pay higher interest rates. Other potential risks of utilising this financial strategy include the following: Leveraged financing increases the risk of financial losses and rapid asset value fall. Losing investments are also accentuated if winning investments are. Leverage can increase your downside risk significantly and occasionally cause losses greater than your initial financial investment.
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Write down two of the four key years mentioned in the brief history of debt and why they were important. from ramsey classroom
The first Secretary of the Treasury of the United States, Alexander Hamilton, put up a proposal in 1790 to take over the debts of the many states and combine them into a single national debt.
What are three ways the credit card business profits from Dave Ramsey's clients?There are three ways that credit card issuers generate revenue: 1) Fees paid by cardholders; 2) Business transaction fees; and 3) Cardholder interest.
What form of debt does a credit card always represent among the four?Most personal loans and credit cards fall under the category of unsecured debt. Unsecured debt typically carries a higher interest rate than secured debt because it poses a greater risk to the lender.
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the best available cost driver . multiple choice question. has a moderate cause-and-effect relationship and information available has a strong cause-and-effect relationship but no relationship available has information available but no cause and effect relationship
The best available cost driver would be "has a moderate cause-and-effect relationship." The correct option is C.
The cost drivers are factors that significantly influence the costs of producing goods or providing services.
A moderate cause-and-effect relationship implies that there is a discernible correlation between the cost driver and the resulting costs.
Therefore, the correct option is C.
The question is incomplete, the complete question is here:
The best available cost driver . multiple choice question.
A. has a moderate cause-and-effect relationship and information available
B. has a strong cause-and-effect relationship but no relationship available
C. has information available but no cause and effect relationship
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Click this link to view O*NET’s Skills section for Accountants. Note that common skills are listed toward the top and less common skills are listed toward the bottom. According to O*NET, what are some common skills needed by Accountants? Check all that apply. mathematics reading comprehension equipment maintenance quality control analysis active listening writing
Answer:
mathematics reading comprehensionanalysisExplanation:
Accountants work in the finance department of an organization. Their services are required in almost all sectors of the economy. Accountants revolve around keeping, updating, and interpreting financial records of a business.
Financial transactions are recorded and reported in numbers. Therefore accountants need to be good at mathematics. They require analytical skills to interpret and evaluate financial information. Accountants also need reading and communication skills to work well with other departments.
Answer:
mathematics
reading comprehension
active listening
writing
Date
Page
2
2) Marketing is meeting
needs
profitably!
Comment
Answer:
markeing
Explanation:
communication skills, credentials, honesty
T/F. the employer incurs a payroll tax expense equal to the amount withheld from the employees' wages for federal income taxes.
The statement is True. The employer incurs a payroll tax expense equal to the amount withheld from the employees' wages for federal income taxes.
What is the reason?This is because employers are responsible for withholding and remitting federal income taxes on behalf of their employees.
The amount withheld from employees' wages is considered a liability for the employer until it is remitted to the government.
Failure to properly withhold and remit federal income taxes can result in penalties and fines for the employer. It is important for employers to accurately calculate and withhold the correct amount of federal income taxes to avoid any potential legal or financial issues.
Hence, its true.
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DECA is a CTSO for:
A. Blue-collar Workers
B. Maintenance Workers
C. Fashion Students
D. Marketing Students
A fixed income security where the borrower, like a government or corporation, agrees to
pay back the investor/lender with a certain interest rate and duration, is called:
debit card
the gold standard
a bearer
a bond
Answer:
A bond
Explanation:
Dana solomon is a partner in the firm seiner & wliner, cpas. the firm prepared the audited financial statements of hamilton inc for the year ended dec 31, 20x1 and issued its report on february 18, 20x2. hamilton inc is publicly traded corporation. dana solomon was the lead partner in charge of the hamilton, inc audit for the year ended december 31, 20x1. dana solomon has been offered a position as the cfo of hamilton, inc. under the california accountancy act, what is the earliest date that dana solomo may accept this position?
a) january 1,20x2
b) february 19, 20x3
c) january 1, 20x3
d) february 19, 20x2
According to the California Accountancy Act, Dana Solomon can start working in this capacity no earlier than February 19, 2003. The answer of above question is option (b).
What is California Accountancy Act?The California Accountancy Act, often known as the CAA, is a liberal collection of rules created by the California Accountancy Board, a framework made up of all of California's CPAs. The Board is empowered by the Act to oversee, punish, and license CPAs. To make sure they are following the guidelines, the CPAs must examine the Act.
The California Accountancy Act (CAA), which was passed by the California Board of Accountancy, serves as the state's complete regulatory framework for CPAs.
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future purchase commitments should be disclosed in the notes to the financial statements.group startstrue or false
True. Future purchase commitments should be disclosed in the notes to the financial statements.
Future purchase commitments should be disclosed in the notes to the financial statements. This is because such commitments represent potential financial obligations that may impact the company's financial position and performance in the future. The disclosure of these commitments in the notes to the financial statements provides useful information to investors and other stakeholders in assessing the company's financial health and future prospects. The disclosure of future purchase commitments should include information such as the nature and terms of the commitments, the expected timing of the purchases, and the estimated amounts involved. Such information helps users of the financial statements to understand the company's future cash flows and financial obligations and assess the potential impact of these commitments on the company's financial position and performance.
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5. Assuming four three month periods in a year; what would the
2018 seasonal forecast look like using seasonality factors and a
2018 forecast of 21,000 ?
year month 2016 Jan 2016 Feb 2016 Mar 2016 Apr 2016 May 2016 Jun 2016 Jul 2016 Aug 2016 Sep 2016 Oct 2016 Now 2016 Dec 2017 Jan 2017 Feb 2017 Mar 2017 Apr 2017 May 2017 Jun 2017 Jul 2017 Aug 2017 Sep
To determine the seasonal forecast for 2018 using seasonality factors, the historical data from previous years' monthly sales is needed. The provided data only includes monthly sales up to 2017. Without the complete historical data, it is not possible to accurately calculate the seasonality factors or forecast for 2018.
The given data includes monthly sales from January 2016 to September 2017, but it does not provide complete information for the entire year of 2017 or any data for the remaining months in 2017 and 2018. Seasonality factors are typically calculated based on historical sales patterns, which require data from multiple years to identify seasonal trends.
To calculate the seasonal forecast for 2018, it would be necessary to have the complete historical data for all the months in 2017 and ideally data from previous years as well. With the historical data, the seasonality factors can be determined by analyzing the sales patterns for each month across different years. These factors would then be applied to the forecasted value for 2018 (in this case, 21,000) to estimate the seasonal sales for each month.
Without the complete historical data, it is not possible to provide a specific seasonal forecast for 2018 using seasonality factors.
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please help
Arthur showed up five minutes late to his job interview. His interviewer will likely wonder whether he possesses which important business skill?
Group of answer choices
punctuality
responsibility
integrity
ability to follow a schedule
Answer:
D) ability to follow a schedule
Answer:
Punctuality
Explanation:
I took this test, and this was the right answer
what are the pros and cons of going through economic transition from a centrally planned to a mixed economy
Answer:
There are benefits and drawbacks to command economy structures. Command economy advantages include low levels of inequality and unemployment, and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.
Explanation:
Mark me Brainliest
The opportunity to gain a foothold in the snack cracker industry had just been found. Britney Marr, an account executive manager for Baked Wheat Industries had developed an interest in wheat crackers two months ago when one of her newly hired account execs, Amy Bender, had convinced her about the high margins and promising future associated with that market. Marr had always believed that if you do your homework in hiring the best people then it only makes sense to listen to their recommendations and implement their suggestions. Marr had given her approval to Bender to explore opportunities to move into this promising new market. This morning, Bender had reported that the Jackson Corporation had severed its contract with Feel Good Crackers Incorporated. Apparently, the Feel Good salesman had shared sensitive information about Jackson at a cocktail party. Bender had already established a good relationship with Feel Good buyers and so recognized this as an opportunity to expand her market into wheat crackers. Marr's management style reflects a belief in:_____.a) theory Y.
b) developing her employees through control.
c) grieving theory.
d) all of these.
e) none of these.
Answer:
The correct answer is the option A: Theory Y.
Explanation:
To begin with, the name of "Theory Y" is refered to the theory develop by Douglas McGregor in 1960 who encouraged the human part of the organization and always believed in the management of talent in order to obtain the best of every organization. Therefore that this theory stated that the people of the organization are the most important part of it and the very reason why the organization can be the best or the worst at its job. Moreover, it says that the person who is the manager and administrates the employees must given them good space to work in terms of physical and psychological environment so that the individuals can give the best of them to complete every task at their best.
the magnitude of operating leverage for perkins corporation is 4.5 when sales are $100,000. if sales increase to $110,000, profits would be expected to increase by what percent? a. 4.5% b.14.5% c.45% d.10%
It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).
What is Operating Leverage?The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.
Magnitude of operating leverage= 4.5
Old sales= $100000
New sales= $110000
Percentage increase in sales:
(New-old)/old = (110,000-100,000)/100,000
= 10%
Consequently, a percentage rise in profit might be anticipated:
sales percentage growth times the degree of operational leverage
= 10% * 4.5
= 45%
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Last month, Tech Industries sold its product for $50 per unit. Fixed production costs were $25,000, and variable production costs amounted to $10.50 per unit. Fixed selling and administrative costs totaled $15,000, and variable selling and administrative costs amount to $2.00 per unit. Tech Industries produced and sold 5,000 units last month.
Answer:
Operating profit = $147,500
Explanation:
Missing question is "What is the total operating profit?
Operating profit = Sale unit(Selling price - Variable Cost) - Fixed expenses
Operating profit = 5,000 * ($50 - $10.50 - $2.00) - $25,000 - $15,000
Operating profit = 5,000*$37.5 - $40,000
Operating profit = $187,500 - $40,000
Operating profit = $147,500
Drag each tile to the correct box.
Sequence the correct steps that an accountant needs to follow for recording transactions.
record the transaction as an entry in the
journal
obtain the source document and verify its authenticity
prepare the trial balance
make adjustment entries
post the entry into a ledger
The correct steps that an accountant needs to follow for recording transactions: obtain the source document and verify its authenticity, record the transaction as an entry in the journal, post the entry into a ledger, prepare the trial balance, and make adjustment entries.
What is accounting procedure?Accounting procedures are standardized processes that are used within the accounting department to perform a function.
An accounting procedure is intended to perform a function efficiently while incorporating adequate controls to reduce the risk of loss. A procedure can also be created as a training tool for employees, who can read the document to learn about a new job.
The accountant must first obtain the source document and verify its authenticity, and then post into journal and ledger. Then the trial balance is prepared and the accounts are closed with the necessary adjustment entries.
Therefore, the correct steps that an accountant needs to follow for recording transactions is given above.
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All taxpayers can make tax payments using a direct debit from their bank account.
True
False
Answer:
false
Explanation: