The percentage change in the college education price index in year 2 was 8.67%.
In order to calculate the percentage change in the college education price index, we use the Laspeyre price index formula. Lapeyre's price index formula for college education:
Lapeyre price index = (Year 2 cost of basket / Year 1 cost of basket) × 100
To calculate the percentage change in the college education price index:
Percentage change in college education price index = (Lapeyre's price index - 100)
The college education market basket is made up of four items:
tuition and fees, room and board, books, and soft drinks.
Let us calculate the cost of each item in Year 1 and Year 2 and then calculate the cost of the market basket in Year 1 and Year 2
Lapeyre price index formula:
Lapeyre price index = (Year 2 cost of basket / Year 1 cost of basket) × 100
Lapeyre price index = ($13,500 / $12,550) × 100
Lapeyre price index = 107.55
Percentage change in college education price index = (Lapeyre price index - 100)
Percentage change in college education price index = (107.55 - 100)
Percentage change in college education price index = 7.55%
Therefore, the percentage change in the college education price index in Year 2 was 8.67%.
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Betsy's Bangles produces and sells woven bracelets. The table shows information about the number of workers employed, daily bracelet production, and the marginal product of labor (MPL). Use this to answer the questions. You must calculate the bracelet values that are absent to answer the question. Workers MPL Bracelets 0 0 2 冶: 24 41 16 4 t: How many bracelets can be produced by 5 workers? bracelets from 5 workers: 45 bracelets
The answer to the question is:
bracelets from 5 workers: somewhere between 3.5 and 24.5 bracelets (depending on the actual MPL value for 5 workers)
To answer this question, we need to use the information provided in the table to calculate the bracelet values that are missing. We can use the formula MPL = change in output / change in labor to calculate the missing values.
For the first row, since there are no workers, the MPL is also zero. For the second row, the change in output is 24 bracelets (since that's the difference between the output for 2 workers and 0 workers), and the change in labor is 2 workers. Therefore, the MPL is 12 bracelets per worker (24 / 2 = 12).
Using the same formula, we can calculate the MPL for the remaining rows as follows:
- MPL for 3 workers: (41 - 24) / 2 = 8.5 bracelets per worker
- MPL for 4 workers: (16 - 41) / 2 = -12.5 bracelets per worker (note that this is negative, which means that adding another worker actually decreases output)
- MPL for 5 workers: (unknown - 16) / 1 = unknown (since we don't have the output value for 5 workers)
Now that we have calculated the missing MPL values, we can use them to answer the question. To find out how many bracelets can be produced by 5 workers, we need to add up the total output for 5 workers. We know that the output for 4 workers is 16 bracelets, and the MPL for 5 workers is unknown. However, we can use the MPL values to estimate the output for 5 workers as follows:
- If the MPL for 5 workers is the same as the MPL for 4 workers (i.e. -12.5 bracelets per worker), then adding another worker would decrease output by 12.5 bracelets. Therefore, the output for 5 workers would be 16 - 12.5 = 3.5 bracelets.
- If the MPL for 5 workers is the same as the MPL for 3 workers (i.e. 8.5 bracelets per worker), then adding another worker would increase output by 8.5 bracelets. Therefore, the output for 5 workers would be 16 + 8.5 = 24.5 bracelets.
- If the MPL for 5 workers is somewhere in between these values, then the output for 5 workers would be somewhere in between these values as well.
Based on these estimates, we can say that the output for 5 workers is likely to be somewhere between 3.5 and 24.5 bracelets. Therefore, the answer to the question is:
bracelets from 5 workers: somewhere between 3.5 and 24.5 bracelets (depending on the actual MPL value for 5 workers)
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which three activities are part of the function of accounting?
The 3 activities which are part of the function of accounting includes:
Classifying financial transactions interpreting financial transactions Recording financial transactionsAccounting (including bookkeeping) refers to the process of recording, preparing, analyzing and interpreting financial information or statements for future purpose.
As regards the options, 3 activities which are part of the function of accounting includes:
Classifying financial transactions interpreting financial transactions Recording financial transactionsIn conclusion, the process of accounting helps to identifies, records, classifies and communicate the company's economic events to interested users.
Missing word includes "1. prioritizing financial transactions 2. classifying financial transactions 3. planning financial transactions 4. interpreting financial transactions 5. recording financial transactions"
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a.
Those who compulsively work are considered sick because compared to most people, they tend to
Understand their wants and desires better
b. Hold better paying jobs in technological fields
C. Pay more attention to their loved ones' needs
d. Allow work to interfere with personal activities
Answer:
D
Explanation:
Took the test on ed
Answer:
Option D on edge 2021
Suppose that there are two winners for the Nobel Prize in Economics this year, and suppose that one of them is a professor at your university while the other is a professor somewhere else. Research suggests that you will tend to:__________
Answer: You would tend to sing the praises of the professor associated with your University, you would want to play the familiarity card to others of how you might know him because he teaches in your University.
Explanation:
There are two things involved in these scenario, one of them is that you would tend to sing the praises of the professor associated with your University, you would want to play the familiarity card to others of how you might know him because he teaches in your University.
The second is that you would be inquisitive about the other professor and want to know more about his profile.
But in most cases the familiarity aspect happen more than the other.
Which statement is true for a short-term goal?
A.
It is usually complex.
B.
It usually requires one to exert a lot of effort.
C.
It is usually related to the bigger things that you want to achieve.
D.
It usually takes less than a year to achieve.
Answer:
I would say D because it sounds more reasonable for me
Tangible assets are
of the assets in
accounting
A. most
B. a few
C. all
D. some
Answer:
C. all
Explanation:
the answer is lether C
Whitney purchases a retirement annuity that will pay her $2,000 at the end of every six months for the first nine years and $500 at the end of every month for the next six years. The annuity earns interest at a rate of 3.8% compounded quarterly.
a. What was the purchase price of the annuity?
Round to the nearest cent
b. How much interest did Whitney receive from the annuity?
The purchase price of the annuity is approximately $53,535.89. Whitney received approximately $28,064.11 in interest from the annuity.
To calculate the purchase price of the annuity, we need to find the present value of the future cash flows using the given interest rate and time periods.
a. To find the purchase price, we calculate the present value of each cash flow and sum them up.
First, let's calculate the present value of the semi-annual cash flows for the first nine years.
PV1 = Cash Flow / (1 + Interest Rate / Number of Compounding Periods) ^ (Number of Compounding Periods * Number of Years)
PV1 = $2,000 / (1 + 0.038 / 4) ^ (4 * 9)
PV1 = $2,000 / (1.0095) ^ 36
PV1 ≈ $1,407.23
Next, let's calculate the present value of the monthly cash flows for the next six years.
PV2 = Cash Flow / (1 + Interest Rate / Number of Compounding Periods) ^ (Number of Compounding Periods * Number of Years)
PV2 = $500 / (1 + 0.038 / 4) ^ (4 * 6)
PV2 = $500 / (1.0095) ^ 24
PV2 ≈ $5,688.57
Now, we sum up the present values of both cash flows to find the purchase price.
Purchase Price = PV1 + PV2
Purchase Price ≈ $1,407.23 + $5,688.57
Purchase Price ≈ $7,095.80
Therefore, the purchase price of the annuity is approximately $7,095.80.
b. To calculate the interest received from the annuity, we subtract the purchase price from the total cash received.
Total Cash Received = ($2,000 * 2 * 9) + ($500 * 12 * 6)
Total Cash Received = $36,000 + $36,000
Total Cash Received = $72,000
Interest = Total Cash Received - Purchase Price
Interest = $72,000 - $7,095.80
Interest ≈ $64,904.20
Therefore, Whitney received approximately $64,904.20 in interest from the annuity.
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Do you think it fair that George Spanos should make so big a profit in addition to his return on his investment, his wage of management. , etc? Why or why not?
The fairness of George Spanos making a large profit in addition to his return on investment and management wage is subjective and depends on various factors.
From one perspective, if George Spanos has taken significant risks and invested his own capital in a venture, it can be argued that he deserves a substantial return on his investment as a reward for his entrepreneurial efforts and the risks he has undertaken. This profit can be seen as an incentive for individuals to take risks and contribute to economic growth.
On the other hand, some may argue that excessively large profits can lead to income inequality and unfair distribution of wealth. They may question whether the profit is a result of genuine value creation or if it is driven by exploiting market inefficiencies or imbalances in power.
Ultimately, the fairness of George Spanos's profit depends on individual perspectives, societal values, and the specific circumstances of his business activities. Ethical considerations, transparency, and the impact on stakeholders are important factors to consider when evaluating the fairness of profits in business.
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A corporation chartered in Mexico and doing business in the United States is known as a foreign corporation in the United States
true or false?
Answer:
true
Explanation:
true because it's a business between two country
PLEASE HELP!!!!!! Click this link to view O*NET’s Wages and Employment section for Farmworkers and Laborers, Crop.
According to O*NET, what is the projected growth for this career between 2019–2029?
slower than average
decline
little or no change
average
Answer:
average
Explanation:
Between 2019 and 2029, this career's anticipated growth is ordinary. Thus, option (D) is correct.
What is growth?The term "growth" describes an increase in the size and mass of an organ or a body. Cell division and an increase in intracellular material are the usual mechanisms. Development is the maturing of an organism's physiological and functional systems.
The rate of the projected growth of something based on information presently available: One of the few significant commodity firms with a forecasted growth rate of up to 14% is the company.
Therefore, Thus, option (D) is correct.
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Required
Natural resources occur in the environment.
False
True
Required
Example of services are ________.
Required
Example of goods are _____________.
Required
A renewable resource cannot be exhausted.
True
False
Answer: See explanation
Explanation:
• Natural resources occur in the environment.
This is true. In our environments, we can see natural resources. They include coal, tin, limestone, iron ore etc.
• Example of services are teaching, banking, insurance, tailoring etc. In an economy, services are regarded as the intangible parts as they can't be touched. It is an important part of every nation.
• Example of goods are clothes, pens, cars etc.
Goods are physical and tangible items. They include laptops, chairs, phones etc.
• A renewable resource cannot be exhausted.
This is true. A renewable resource cannot be exhausted e.g. sunlight.
What changes in the global industry structure and competitive dynamics allowed challengers from australia and other new world countries to take market share from france and other traditional producers in the late twentieth century
The changes in the global industry structure and competitive dynamics allowed are:-
1.Technological advances
2.Changes in consumer preferences
3.Marketing and branding
4.Free trade agreements
5.Shifts in supply and demand
The late twentieth century saw significant changes in the global industry structure and competitive dynamics, which allowed challengers from Australia and other new world countries to take market share from France and other traditional wine producers. Some of the key factors that contributed to this shift include:
Technological advances: Advances in technology such as irrigation, mechanization, and better pest management techniques allowed new world producers to improve their yields and quality of wine, making them more competitive in the global market.
Changes in consumer preferences: Consumers began to shift their preferences towards more fruit-forward, less tannic wines, which favored new world wine producers who often specialize in producing these types of wines.
Marketing and branding: New world wine producers invested heavily in marketing and branding their wines, leveraging their unique stories and terroir to differentiate themselves from traditional producers and appeal to consumers looking for something new and different.
Free trade agreements: The removal of trade barriers between countries enabled new world producers to access new markets and compete more effectively with traditional producers.
Shifts in supply and demand: The demand for wine grew significantly in the late twentieth century, and new world producers were able to capitalize on this growth by increasing their production and offering a wider range of wines to consumers.
Overall, these changes in the industry structure and competitive dynamics created a more level playing field for new world wine producers, enabling them to compete more effectively with traditional producers and take market share from them.
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Terrance lives in an area that is expensive, but he does not want to move. When looking at a career, what should Terrance consider? He should choose a career cluster that will allow him to support himself. He should pick a career that speaks to his heart and worry about the finances later. He should ask his family to help support him. He should not worry because he can dictate how much money he will earn.
Answer:
He should choose a career cluster that will allow him to support himself.
Explanation:
If goods costing Rs 5000 and sold at Rs 4000
Explanation:
CP of that goods is = Rs 5000
SP of that goods is = Rs 4000
Since, CP is greater than SP
Therefore it's a loss = CP - SP
= Rs ( 5000 - 4000)
= Rs 1000 (Ans)
How does the journal entry for a retired asset differ from the journal entry for an asset that is sold?.
A journal entry should be made with the heading "Profit on sale of fixed assets to be booked and the sold assets removed from the "Fixed Assets Register." Gain or Loss on Retirement is calculated as follows: Asset Cost, Proceeds from Sale, Removal Cost, Net Book Value Retired, plus Revaluation Reserve Retired.
The journal entry value of an asset must be eliminated from the balance sheet when it is retired, sold, donated, or otherwise disposed of. The procedure considers the asset's initial purchase price, current book value, amount depreciated during the asset's life, and any cash received. Debit all accrued depreciation, credit the fixed asset, and credit the gain on sale of asset account when there is a gain on the sale of a fixed asset.
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Word of mouth promotion is also known as what?
Answer:
Word-of-mouth advertising (WOM advertising), also called word of mouth marketing, is the process of actively influencing and encouraging organic word of mouth discussion about a brand, organization, resource, or event.
Explanation:
hope this helps, pls mark brainliest :D
Word-of-mouth advertising is another name for viral marketing.
What is Word-of-mouth promotion?The technique of deliberately influencing and supporting organic word-of-mouth talk about a brand, organization, resource, or event is known as word-of-mouth advertising (WOM advertising), sometimes known as word-of-mouth marketing.
A corporation can reach new audiences and establish a solid brand reputation by using word-of-mouth marketing. Businesses can enhance profitability, draw in new clients, and strengthen their bonds with current consumers by utilizing this distinctive and natural kind of marketing.
The type of rewards utilized has a significant impact on the effectiveness of word-of-mouth marketing. The employment of incorrect incentives to encourage customers or representatives to spread good word of mouth about goods or brands can have negative effects on a business, according to research.
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can be classified according to whether they are delivered by people or equipment, or by business firms or nonprofit organizations. multiple choice question. services marketing research findings business products tangible goods
Services can be classified according to whether they are delivered by people or equipment, or by business firms or nonprofit organizations.
What are services?An act or usage for which a customer, corporation, or government is ready to pay is referred to as a service. Barbers, physicians, attorneys, mechanics, banks, insurance businesses, and other professionals are a few examples. A public service is one that the entire community pays for.
Services are fundamentally intangible actions that satisfy needs and may be identified independently. It won't stay in stock with us. They don't actually become the owner of anything after their purchase. Services entail a real-world interaction between the service provider and the client.
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Please Help!!!! My 5th time posting this please actually help me!
In the workplace, new devices and technologies are transforming the way we exchange information and conduct business. List and concisely describe at least six electronic communication channels used most commonly by businesspeople today.
Answer: My answer is in the photo below. Hope it helps.
. PapersRUs produces paper products in a competitive market. The firm has the following cost function 25+15x+0.5x
2
where x is the quantity of paper produced. The price faced by firm is p. The government noticed that the firm significantly contributes to water pollution in the nearby river and decided to impose a subsidy s for every quantity of paper produced. a. Derive the expression for the optimal quantity of paper to maximize profit. Set up the firm's problem. Derive and interpret the first order condition. b. Assume that the price p=95 and s=30 for every unit of output produced. How much is the optimal output and profit with and without the subsidy? c. Given your result, do you think the subsidy was a good idea to impose on the firm to control the pollution? Provide a brief explanation of your answer.
a. To derive the expression for the optimal quantity of paper to maximize profit, we need to set up the firm's problem and derive the first order condition.
The firm's problem is to maximize profit, which can be represented as the difference between total revenue (TR) and total cost (TC). Total revenue is given by the product of the quantity produced (x) and the price faced by the firm (p), while total cost is given by the cost function 25+15x+0.5x^2.
So, the profit function (π) can be expressed as:
\(π = TR - TC = px - (25+15x+0.5x^2)\)
Now, let's calculate the profit without the subsidy. Since the subsidy is not present, the optimal quantity of paper remains the same, i.e., x = 80.
Substituting x=80 into the profit function:
\(π = px - (25+15x+0.5x^2) = 95*80 - (25+15*80+0.5*80^2) = 7600 - (25 + 1200 + 3200) = 7600 - 4425 = 3175\)
Therefore, the profit without the subsidy is also 3175.
c. The subsidy was aimed at controlling pollution caused by the firm. From the calculations, we can see that the subsidy did not have any impact on the optimal output or profit of the firm. The optimal output and profit remain the same with or without the subsidy.
Therefore, in this case, the subsidy may not be an effective measure to control pollution caused by the firm. It did not incentivize the firm to reduce its pollution levels or change its production behavior. An alternative solution may need to be explored to effectively address the pollution issue.
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Rita: The original purpose of government farm subsidy programs was to provide income stability for small family farmers. But most farm-subsidy money goes to a few farmers with large holdings. Payments to farmers whose income, before subsidies, is greater than $100,000 a year should be stopped.
Thomas: It would be impossible to administer such a cut-off point. Subsidies are needed during the planting and growing season, but farmers do not know their income for given calendar year until tax returns are calculated and submitted the following April.
Which one of the following, if true, is the strongest counter Rita can make to Thomas' objection?
(A) It has become difficult for small farmers to obtain bank loans to be repaid later by money from subsidies.
(B) Having such a cut-off point would cause some farmers whose income would otherwise exceed $100,000 to reduce their plantings.
(C) The income of a farmer varies because weather and market prices are not stable from year to year.
(D) If subsidy payments to large farmers were eliminated the financial condition of the government would improve.
(E) Subsidy cut-offs can be determined on the basis of income for the preceding year.
Answer: E. Subsidy cut-offs can be determined on the basis of income for the preceding year.
Explanation:
Since Thomas counters Rita's point stating that during the initial part of the season, subsidies are needed. On the other hand, the income for the year will be calculated when the year ends.
To counter Thomas, it should be noted that Rita can say that subsidy cut-offs can be determined on the basis of income for the preceding year.
when covering the agenda at the beginning of a meeting, stating the purpose should be:
At the beginning of a meeting, stating the purpose of the agenda clearly and concisely sets the tone, ensures focus, and provides direction for decision-making and action items. Time management and prioritization are also important for meeting effectiveness.
When covering the agenda at the beginning of a meeting, stating the purpose should be clear, concise and to the point. This sets the tone for the rest of the meeting and helps attendees understand the focus of the discussion. Stating the purpose is important because it helps to ensure that everyone is on the same page and that the meeting stays on topic. It also helps to provide a clear direction for any decisions that need to be made during the meeting. Some other important terms to keep in mind when covering the agenda include time management, prioritization, and action items. These terms are all essential for ensuring that the meeting runs smoothly and that everyone knows what is expected of them. Overall, a well-planned and well-executed agenda can help to ensure that meetings are productive and that goals are achieved.For more questions on Time management
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Represent the following agro-production of a
farmer in a multiple bon diagram:
2074
2075
2073
60
so
Production
Paddy
Maize
Potato
75
70
go
85
100 3
Answer:
85
Explanation:
i think
On January 2, 2020, Bridgeport Inc. sells goods to Geo Company in exchange for a zero-interest-bearing note with face value of $9,400, with payment due in 12 months. The fair value of the goods at the date of sale is $8,600 (cost $5,160). Prepare the journal entry to record this transaction on January 2, 2020
Receivable is credited for the difference between the face value of the note and the fair value of the goods sold, which is $800.
The journal entry to record the transaction on January 2, 2020, is as follows:
Debit: Accounts Receivable $9,400
Credit: Sales Revenue $8,600
Credit: Discount on Notes Receivable $800
Accounts Receivable is debited for the face value of the note, which is $9,400.
Sales Revenue is credited for the fair value of the goods sold, which is $8,600.
Accounts Receivable (AR) is a term used in accounting to describe the money owed to a business by its customers for goods or services that have been sold but not yet paid for. In other words, it represents the amount of money that a business is expecting to receive from its customers.
When a business sells its products or services on credit, it creates an account receivable entry on its balance sheet. This entry represents the amount of money owed to the business by its customers, and it is recorded as an asset because the business is entitled to receive the money at a later date. Businesses use various methods to manage their accounts receivable, including offering discounts for early payment, sending reminders to customers who have overdue payments, and using collection agencies to collect payments from customers who have not paid their bills.
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Wynter Tires Inc. issued $300,000 worth of 5.00% bonds to purchase new equipment for its showroom. It planned to retire this debt in 10 years on maturity by setting up a sinking fund and making equal deposits into it at the end of every six months.a. If the fund was earning 4.00% compounded semi-annually, calculate the periodic cost of the debt.Round the sinking fund payment up to the next centb. Construct a partial sinking fund schedule, showing the details for the first two and last two payments, and the totals of the schedule.
The partial sinking fund schedule shows the first two and last two payments and the total payments made. The first two payments are $15,333.39 and the last two payments are $15,333.39, for a total of $600,000 paid over 10 years.
The periodic cost of the debt is $3,066.68.
Partial Sinking Fund Schedule:
1st Payment: $15,333.39
2nd Payment: $15,333.39
Total Sinking Fund Payments: $600,000
The sinking fund allows the company to make equal deposits into the fund at the end of every six months in order to retire the debt at maturity in 10 years. By depositing the same amount each time, the company can ensure that the debt is retired on time. The periodic cost of the debt is calculated by taking the total amount of the debt divided by the present value of an annuity due, which is the total payments made at the end of each period.
The present value of an annuity due is determined using the rate of return earned from the sinking fund, which in this case is 4.00% compounded semi-annually. The calculation for the periodic cost is 300,000 / 9,914.06 = $3066.68. The partial sinking fund schedule shows the first two and last two payments and the total payments made. The first two payments are $15,333.39 and the last two payments are $15,333.39, for a total of $600,000 paid over 10 years.
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the establishment of new attitudes, values, and behaviors as the new status quo is consistent with what stage in lewin's change model?
The establishment of new attitudes, values, and behaviors as the new status quo is consistent with the final stage in Lewin's Change Model, known as the "refreezing" stage.
Lewin's Change Model consists of three stages: unfreezing, changing, and refreezing. During the unfreezing stage, individuals or organizations recognize the need for change and begin to let go of old attitudes, values, and behaviors. In the changing stage, new attitudes, values, and behaviors are introduced and implemented. Finally, in the refreezing stage, these new changes are reinforced and become the new norm, solidifying them as the new status quo.
In this case, the establishment of new attitudes, values, and behaviors indicates that the change has been successfully implemented and internalized, aligning with the refreezing stage of Lewin's model. This stage ensures that the change becomes ingrained and sustainable, preventing individuals or organizations from reverting to old ways of thinking or behaving.
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What is the marginal cost of producing a fifth soccer net? $1.00 $1.50 $2.00 $2.50
Constructing a fifth soccer net has a marginal cost of 110.
The difference in total production costs caused by creating or manufacturing one more unit is known as the marginal cost in economics. Divide the variation in production costs by the variation in quantity to determine marginal cost.
As per the data given in the above question are as bellow,
We have to find the marginal cost of fifth soccer net.
The total units 0 1 2 3 4 5
The total revenue 0 100 180 250 290 310
The total costs 0 50 110 180 270 380
the marginal cost of producing a fifth soccer net is
=(380-270)/(5-4)
=110
So the production cost is $110
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Note: The correct question would be as bellow,
Total units 0 1 2 3 4 5
Total revenue 0 100 180 250 290 310
Total costs 0 50 110 180 270 380
What is the marginal cost of producing the fifth unit?
Answer:
2.00
Explanation: just took the test
Which one of the following statements is correct concerning the payback rule?
a. The rule works best when comparing mutually exclusive projects.
b. The payback period is computed using the present value of each of the cash flows.
c. The rule is flawed because it ignores all cash flows after some arbitrary point in time.
d. The rule is biased in favor of long-term projects.
e. The rule says that you should accept a project if the payback period is greater than 1.0.
The correct concerning the payback rule is rule is flawed because it ignores all cash flows after some arbitrary point in time.
Payback period in capital budgeting refers to the time required to recover funds spent on an investment or to reach breakeven. Example: If at the beginning of year 1 he invests $1,000 and at the end of year 1 and his second year he earns $500, it pays for itself within 2 years.
The number of years it will take to recover the money invested. For example, if it takes 5 years to recover the cost of an investment, the payback period is he 5 years.
Payback period is defined as the number of years required to recover the original cash investment. In other words, the period during which a machine, plant, or other investment has generated sufficient net income to cover its investment costs.
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LaBouche Company had cash receipts from customers in 2017 of $142,000. Cash payments for operating expenses were $97,000. Kelly has determined that at January 1, unearned service revenues was $13,000, and prepaid expenses were $17,500. At December 31, unearned service revenues was $18,600, and prepaid expenses were $23,100. The service revenues on cash basis is:
Select one:
a. $155,000
b. $147,600
c. $142,000
d. $136,400
At the end of the year, prepaid expenses were $23,100 and unearned service revenues were $18,600. The service's cash basis revenues total $136,400.
$142,000 plus $97,000, or $136,400, is the service revenue on a cash basis.
Revenue is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales.
A company's revenue is the money generated by its operations. Depending on the chosen accounting approach, there are several ways to compute revenue. Sales made using a credit card will be counted as revenue for products or services that were delivered to the customer. In accordance with some regulations, revenue is recorded even if payment has not yet been made.
To determine how effectively a business collects unpaid debt, it is important to review the cash flow statement. Contrarily, sales will only be recorded as revenue in cash accounting after money has actually changed hands. A "receipt" is money given to a business. An example of an activity that results in a receipt but no revenue is when a consumer prepays for a service or undeliverable products.
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I Will give brainliest!!!!!!!!!!!! Now I know this isn't a question for schools, but I figured I really need this answer. A friend and I have a really good idea for a device, but we don't know anything about making machines and coding. How would we get someone who would help us make this idea a reality. I don't mean investors, because then we would still need to make a prototype, I mean find someone with the capabilities of producing our product as well as code it, and so on
Answer:
post an ad online
Explanation:
or flyers in your city work well to, my friend and i did that and we got a lot of offers
In terms of organization architecture, _____ refers to the employees of the organization, the strategy used to recruit, compensate, and retain those individuals, and the type of people that they are in terms of their skills, values, and orientation.
In terms of organization architecture, people refers to the employees of the organization, the strategy used to recruit, compensate, and retain those individuals, and the type of people that they are in terms of their skills, values, and orientation.