What is a premium?
A. the amount paid by the policyholder before the insurance policy starts paying on the claim
B. the amount paid after the deductible has been satisfied and until the out-of-pocket maximum has been reached
C. the maximum amount a policy will pay out in any one year
D. the amount paid by the policyholder to the insurer on a regular basis for the policy
Answers
Answer: 1. a policy purchased from a company that provides financial protection against financial loss or harm caused by a possible event
2. the amount paid by the policyholder to the insurer on a regular basis for the policy
3. the amount paid by the policyholder before the insurance policy starts paying on the claim
4. Health insurance policies for those who do not have access to employer-provided health plans or who do not qualify for government-provided plans, offered through a marketplace, and purchased by individuals for themselves and their families.
5. Medicare
Explanation: My quizlet name is Aron_Sonn so consider dropping by :)
Premium refers to the amount paid by the policyholder to the insurer on a regular basis for the policy. Thus, Option (D) is correct.
The premium is an essential component of an insurance contract and is determined based on various factors such as the type of coverage, the risk profile of the insured individual or property, and the desired coverage limits.
Policyholders make regular premium payments, which could be monthly, quarterly, or annually, in order to maintain their insurance coverage. These payments ensure that the insurance policy remains in effect and that the policyholder is eligible to receive the benefits and financial protection outlined in the policy.
Thus, Option (D) correctly shows that the premium serves as the financial consideration for the insurance company's assumption of risk and provision of coverage.
Learn more about the premium here:
https://brainly.com/question/33993004
#SPJ6
Related Questions
On June 1, Barlow Inc. performed services and billed its client, Bertram Enterprises $1,500. On June 9, Bertram paid the account in full. The combined effect of these two transactions on Bertram’s tabular analysis is:
Answers
The effect of these two transactions is that, Bertram liability towards the payment of the amount of bill will decrease on June 9.
What is bill?A bill is defined as an instrument that is given to another person as a proof of purchase, and it also denotes that how much the amount would be paid by one person to another.
On June 1, Barlow Inc. completed work for Bertram Enterprises and billed them $1,500. Bertram paid the account in full on June 9th.
Bertram's tabular analysis is affected by the combined effect of these two transactions, are shown in the image below.
Learn more about the bill, refer to:
https://brainly.com/question/16405660
#PSJ1
A bookkeeper's first task is to
Answers
Answer:
bookkeepers first task is to divide all the firm's transactions into meaningful categories such as sales documents, purchasing receipts, and shipping documents, being very careful to keep the information organized and manageable.
Shares of Corporation have a beta of 0.90. The market risk premium is 7%, and
the risk-free rate is 8%. Corporation paid a dividend of $1.80 per share, and the
dividend is expected to grow at 7% forever. The share currently sells for $25.
Corporation has a debt-equity ratio of 50%. Its cost of debt is 8%, before taxation,
taxation rate is 30%.
What is the weighted average cost of capital of Corporation?
Answers
Answer:
The weighted average cost of capital of Corporation is 11.4%
Explanation:
Now use following formula to calculate the weighted average cost of equity
WACC = ( Weight of equity x Cost of equity ) + ( Weight of debt x Cost of debt (after tax ) )
Weight
Equity = 100%
Debt = 50%
Cost
First we need to calculate the cost of equity using CAPM formula
Cost of equity = Risk free rate + Beta x ( Market risk premium )
Placing values in the formula
Cost of equity = 8% + 0.90 x 7%
Cost of equity = 14.3%
Cost of debt = 8%
Cost of debt (after tax ) = 8% x ( 1 - 30% ) = 5.6%
Placing values in the formula of Weighted average cost of capital
WACC = ( ( 100%/150% ) x 14.3% ) + ( ( 50% / 150% ) x 5.6% )
WACC = 9.53% + 1.87%
WACC = 11.4%
1. A requested task is subject to be reported when:
Requesting for a screenshot
When it is asking for 3 proofs
When it requests for email address to be submitted
The task requested promote violent and/or illegal activities
Answers
A requested task is subject to be reported when it promotes violent and/or illegal activities. This ensures that any content or actions that pose a threat or violate the law are appropriately addressed and handled. Reporting such tasks helps maintain a safe and secure environment for users and prevents the dissemination of harmful or unlawful content.
Promoting violent and/or illegal activities goes against community guidelines and ethical standards. By reporting such tasks, users can play an active role in upholding the rules and regulations of the platform or community they are a part of. Reporting serves as a mechanism for users to flag content or requests that could potentially harm individuals or society as a whole.
Requesting for a screenshot, asking for three proofs, or requesting an email address submission, on their own, may not necessarily warrant a report. These actions typically serve functional or practical purposes in various contexts. However, it is essential to assess the overall intent and impact of a requested task to determine whether it aligns with ethical standards and legal requirements. If a task requests actions that are potentially harmful or against the rules, it should be reported to the appropriate authorities or platform administrators for further investigation and appropriate action.
For more such answers on requested task
https://brainly.com/question/30042698
#SPJ8
observant real life story examples
Answers
Answer:
real life story real life stories is a story that mean in real life
What is the discount rate of a stream of cash flows of 50,000 that have a present value of 450,000?
Answers
Answer:
11
Explanation:
Computers used to produce magazine articles is it land or capital
Answers
Answer:
captial
Explanation:
Land means things like natural resources, labor is the manual work force that either makes capital products or turns natural resources into a useable product to work, and capital is anything made that is used to make something else.
When computers are used to produce magazine articles the main factor of production is capital.
To an economist, capital often refers to liquid assets. In other words, it is cash on hand that may be used on either daily requirements or long-term initiatives.
Capital refers to the funds or resources utilized to launch a firm. Capital is a resource that might be money or anything in kind that is used to buy more raw materials and inputs. It is a critical component since every firm needs some initial money.
Therefore, the main factor of production is capital.
To know more about the capital, visit:
https://brainly.com/question/33848256
#SPJ6
This is an incomplete question, the complete question is:
What is the factor of production when computers are used to produce magazine articles?
Joseph and Krystal are part of your social group. They joined Missile’s Financial Services together as middle managers. Each one, reports to a different senior manager. These senior managers report to the Managing Director. Once a month after payday, Joseph, Krystal and other members of the social group all try to have lunch together.
Joseph is very distressed. ‘I’ve had an awful week and this morning was the worst!’ He recounts what happen between himself and Nicholas, his manager.
‘Nicholas and I were to meet with a new supplier to finalize a contract. I have been dealing with the supplier all this time, over two and a half months and we just needed to finalize the costing. We had reached an agreement about the cost that both of us were comfortable with. For the past two weeks, I have been trying to get Nicholas to look at the contract and agree the figures etc. We really need this guy’s company. They are fast and have a great reputation for products and services. The price is good and they are willing to customize the stationary, with no additional cost to us. Anyway, Nicholas was always too busy to meet. I emailed him the contract and my teams thoughts on how we should proceed hoping he would read it.’ My team consists of the Accounts/Finance Manager, Inventory Manger, Legal, Research & Development, Public Relations Manager and I, and we meet at different times and days, whether collectively or selectively.
‘Anyway we, Nicholas and I, met with the supplier this morning. We are going through the contract, the next thing I know Nicholas says, ‘This won’t work for us. The cost is too high. Where did these calculations come from?’ ‘If the floor had opened up and swallowed me I could have not been more embarrassed. I mean I spent three weeks, working on it with the team Accounting, PR and Legal! Joseph shaking his head continued, ‘he just took over the conversation. I mean we got the contract signed but in the end all that happened was that the figures were rearranged we still end up paying the same.’ ‘I am tired of this foolishness. He stays locked in his office on his cell every day. Only God knows what he does in there.’
1. Do you believe that Nicholas is an unethical manager? Justify your response by choosing one of the ethical decision making concepts outlined in unit 2 to argue/support your writing.
2. From the chosen ethical decision making concept selected by you in question 1, show its relationship to any one of the variables in an analytical tool, outlined in unit 1, read.
Answers
1. Based on the information provided, it is not possible to ascertain whether Nicholas is an unethical manager. However, Joseph’s account of the situation raises some red flags about Nicholas’ behavior.
2. The chosen ethical decision-making concept is fairness, which is one of the key ethical principles in business.
1. Based on the information provided, it is not possible to ascertain whether Nicholas is an unethical manager. However, Joseph’s account of the situation raises some red flags about Nicholas’ behavior. It appears that Nicholas did not take the time to review the contract or the team’s thoughts, but still took over the conversation with the supplier and changed the figures. This behavior could be seen as a violation of the ethical principle of fairness, which involves treating others in a reasonable, equitable, and impartial way. Nicholas’ actions suggest that he did not give due consideration to the team’s input or their efforts to finalize the contract, which could affect their working relationship and trust in him as their manager.
2. The chosen ethical decision-making concept is fairness, which is one of the key ethical principles in business. Fairness is based on the idea of treating all stakeholders equitably and impartially, taking into account their needs, interests, and perspectives. In this case study, Nicholas’ actions appear to violate the principle of fairness by disregarding the efforts of Joseph and his team to finalize the contract, and making unilateral changes without adequate review or discussion.
To analyze this situation using an analytical tool, we can use the Stakeholder Mapping tool, which helps to identify and categorize stakeholders based on their level of interest and power. In this tool, stakeholders are divided into four categories: High power/high interest, High power/low interest, Low power/high interest, and Low power/low interest. In this case, Joseph and his team are the stakeholders with high power and high interest in the situation, as they are responsible for finalizing the contract.
Using the Stakeholder Mapping tool, we can see that Nicholas’ actions have the potential to undermine the trust and collaboration of high power/high-interest stakeholders, who are critical to the success of the project. Specifically, his actions may cause frustration, resentment, and loss of confidence in his management ability. This could result in a breakdown of communication and cooperation, which would ultimately affect the team’s performance and the overall success of the project. Therefore, it is important for Nicholas to consider the perspectives and input of all stakeholders, including those with high power and high interest, when making decisions that affect them. By doing so, he can ensure that his decisions are ethical, fair, and aligned with the needs of all stakeholders.
for more such questions on manager
https://brainly.com/question/1276995
#SPJ8
Q3. Obtain an initial basic feasible solution to the following transportation problem
using Vogel’s approximation method.
D1 D2 D3 D4
A 5 1 3 3 34
B 3 3 5 4 15
C 6 4 4 3 12
D 4 -1 4 2 19
21 25 17 17 80
Answers
To use Vogel's approximation method to find a simple, workable solution to the transportation issue mentioned above.
How to calculate feasible solution?Determine the cost of the penalty for each cell:
D1 D2 D3 D4
A 5 1 3 3 34 (0) (50-4-2) = 44
B 3 3 5 4 15 (0) (30-9-3) = 18
C 6 4 4 3 12 (0) (20-11-5) = 4
D 4 -1 4 2 19 (0) (25-10-6) = 9
21 25 17 17 80
Find the column and row for each that has the highest penalty cost:
Column 1: R1 = 44, R2 = 18, R3 = 4, R4 = 9, maximum penalty in R1
Column 2: R1 = 44, R2 = 18, R3 = 4, R4 = 9, maximum penalty in R1
Column 3: R1 = 44, R2 = 18, R3 = 4, R4 = 9, maximum penalty in R1
Column 4: R1 = 44, R2 = 18, R3 = 4, R4 = 9, maximum penalty in R1
Row 1: C1 = 44, C2 = 44, C3 = 44, C4 = 44, maximum penalty in C1 and C2
As the initial cell, choose the one with the highest penalty cost:
(R1, C1) = 44
Give the chosen cell the supply and demand information:
Allocate 5 units to (R1, C1)'
D1 D2 D3 D4
A 0 1 3 3 34 5 (50-4-2) = 44
B 3 3 5 4 15 0 (30-9-3) = 18
C 6 4 4 3 12 0 (20-11-5) = 4
D 4 -1 4 2 19 0 (25-10-6) = 9
21 25 17 17 80
Repeat steps 2 through 4 until all supply and demand are met:
Column 2: R2 = 18, R3 = 4, R4 = 9, maximum penalty in R2
Row 2: C2 = 44, C3 = 18, C4 = 15, maximum penalty in C2
(R2, C2) = 18
Allocate 3 units to (R2, C2)
D1 D2 D3 D4
A 0 0 3 3 34 5 0
B 3 0 5 4 15 3 (30-9-3) = 18
To know more about Vogel's approximation, visit:
https://brainly.com/question/30636949
#SPJ1
Rest of the question is,
Fat units Cost per unit
A 20 50 4 2
B 30 30 9 3
C 40 20 11 5
D 40 25 10 6
E 45 50 9 8
F 30 20 10 8
Return on Invested Capital (ROIC) is a profitability ratio that measures how effective the firm is at generating a return for investors who have provided capital (bondholders and stockholders). The ROIC calculation answers three questions: How tax efficient is the firm? How effective are the firm’s operations? How intensively does the firm use capital? Comparing the answers to these questions between firms can help you understand why one firm is more profitable than another and where that profitability is coming from.
In the following, Apple’s ROIC is compared to Blackberry’s. The income statement and balance sheet are provided for both firms. While the ROIC calculation for Blackberry is completed below, you have to complete the calculation for Apple by supplying the correct income statement and balance sheet information. As you fill in this information, the components of Apple’s ROIC will be
calculated along with some supporting ratios. Use these subcomponents and supporting ratios to compare Apple and Blacberry’s performance. Where does Apple’s advantage come from?
This activity demonstrates the calculation of ROIC and the comparison of firm performance, supporting Learning Objective 5-1 and 5-2.
Instructions
Use the income statement and balance sheet information for Apple to fill in the missing items in the calculation of Apple’s ROIC and supporting ratios. Once filled in correctly, compare Apple’s performance to that of Blackberry. Where does Apple have an advantage? Where does Blackberry have an advantage?
Apple, Inc. Blackberry
Income Statement YE Sept 2012 YE Mar 2012
Net sales 156,508
Cost of sales 87,846
Gross margin
Research & development expense 3,381
Selling, general & admin expense 10,040
other operating 0
Total operating expenses
Operating margin
Interest & dividend income 0
Interest expense 0
Other Income / Expense 522
Total Other income
Earnings before taxes
Provision for taxes 14,030
Net income (loss)
Short-term marketable securities
Components 0 Inventories 791 Total current assets
Long-term marketable securities
Other assets
18,423
11,848
1,559
2,600
930
0
0
21
354
Balance sheet YE Sept 2014 YE Mar 30 2012
Cash & cash equivalents 10,746 247
Accounts receivable 10,930 0
Finished goods 0 1,027
68,662
13,421
55,241
522
55,763
41,733
6,575
5,089
1,486
21
1,507
1,153
1,527 3,062 0 1,208
2,733
0 2,645
0
Apple Inc Microsoft Corporation
18,383
Other Current Assets 16,803
Fixed Assets: PP&E (net) 15,452 3,927
0 102,959
57,653
176,064
38,542
19,312
7,071
13,731
3,389
0
Long term assets 6,660
Total assets
Accounts payable Deferred revenue
Total current liabilities Long-term debt
Deferred tax liabilities Other long-term liabilities Long-term liabilities
21,175 0
0 0
Accrued expenses 11,414 0
744
other 5,953
Deferred revenue - non-current 0 0
0
Other non-current liabilities 19,312 242
Total long-term liabilities 242
Answers
Here is the ROIC calculation for Apple, Inc.:
The ROIC calculationNet income (loss) $14,030
Interest expense $0
Taxes $14,030
Net operating profit after taxes $28,060
Average invested capital $176,064
Return on invested capital (ROIC) 15.9%
The following table compares Apple's ROIC to that of BlackBerry:
Company | ROIC
------- | --------
Apple | 15.9%
BlackBerry | 4.9%
As you can see, Apple's ROIC is significantly higher than BlackBerry's. This is due to a number of factors, including Apple's higher gross margin, operating margin, and net income.
Apple also has a lower tax rate than BlackBerry, which helps to boost its ROIC.
Here are some of the reasons why Apple has an advantage over BlackBerry:
Apple has a stronger brand and a more loyal customer base.Apple's products are more innovative and user-friendly than BlackBerry's products.Apple has a more efficient supply chain and a more effective marketing strategy.Blackberry does have some advantages over Apple, such as its strong security features and its experience in the enterprise market. However, these advantages are not enough to offset Apple's overall advantages.
Overall, Apple is a more profitable company than BlackBerry. This is due to a number of factors, including Apple's strong brand, innovative products, efficient supply chain, and effective marketing strategy.
Read more about marketing strategy here:
https://brainly.com/question/25640993
#SPJ1
Suppose the demand function for a good is expressed as Q=100-4p. If the good currently sells for 10, what is the price elasticity equal to? a)-4 b)-1.5 c) -0.67 d) -2.5
Answers
Answer:
c)-0.67
Explanation:
Calculation to determine what the price elasticity equal to
Using this formula
Price Elasticity of Demand (PED)=dQ/dP*Q/P
Let plug in the formula
Price Elasticity of Demand (PED)=d(100-4p)/dp*p/100-4p
Price Elasticity of Demand (PED)=-4*p/100-4p
at p=$10
Price Elasticity of Demand (PED)=-4*$10/100-4($10)
Price Elasticity of Demand (PED)=-40/60
Price Elasticity of Demand (PED)=-2/3
Price Elasticity of Demand (PED)=-0.666
Price Elasticity of Demand (PED)=-0.67 Approximately
Therefore the price elasticity equal to -0.67
Though advertising experts wish it were true, there is not always a direct link between a particular marketing communication and a consumer purchase. a. Trueb. False
Answers
Advertising professionals wish it were so, but there isn't always a clear correlation between a given marketing message and a consumer purchase. The given statement is true.
Direct marketing enables you to interact directly with individuals, rather than the mass market. With this highly customised and focused strategy, you may expand your company while saving money.
Top-of-mind awareness is when customers say that they recognize the brand when the name is offered to them. Betty is evaluating the impact of the marketing messages used by her company. She needs to keep in mind that motivating the receiver to take action is the main objective.
There are two goals for marketing communications. One is to develop and maintain consumer preference and demand for the product. The sales cycle can also be shortened.
To learn more about Direct marketing visit:https://brainly.com/question/14008832
#SPJ4
in a 3 - 4 page essay, discuss warren Buffett's approach to business dealings, especially as they relate to business ethics.
Compare that approach to Benie Madoff's.
Apply ethical philosophies that you have learned about in this module and state which you think apply to Mr. Buffett.
Which ethical philosophies apply to Mr. Madoff? Why?
Answers
In this essay, we explore Warren Buffett's ethical approach to business, compare it to Bernie Madoff's, and analyze the applicable ethical philosophies for each.
Here are the steps to be followed:
1. Introduction:
2. Warren Buffett's Approach to Business Dealings and Business Ethics:
Explain Warren Buffett's overall approach to business dealings.Discuss his stance on business ethics, emphasizing any specific principles or values he adheres to.Provide examples or case studies that demonstrate Buffett's ethical decision-making in his business practices.Discuss the impact of his ethical approach on his reputation and long-term success.3. Bernie Madoff's Approach to Business Dealings and Comparison to Buffett:
Describe Bernie Madoff's approach to business dealings, specifically in relation to ethics.Highlight any unethical practices or actions committed by Madoff, such as his infamous Ponzi scheme.Compare and contrast Madoff's approach to Buffett's approach, pointing out the key differences in their ethical standards and behaviors.Discuss the consequences of Madoff's unethical actions, including the financial losses and damage to investors.4. Application of Ethical Philosophies to Warren Buffett:
Introduce the ethical philosophies that you have learned in the module.Identify which ethical philosophies apply to Warren Buffett based on his approach to business dealings.Explain why you believe these philosophies are applicable and provide supporting evidence or examples from Buffett's actions or statements.Discuss the implications and benefits of Buffett aligning with these ethical philosophies.5. Ethical Philosophies Applicable to Bernie Madoff and Reasons:
Analyze the ethical philosophies that can be applied to Bernie Madoff's actions.Discuss which ethical philosophies are relevant to understanding Madoff's unethical behavior.Provide justifications and explanations for the selected ethical philosophies, considering how they align with Madoff's actions or motivations.Reflect on the consequences of Madoff's departure from ethical principles.6. Conclusion:
Summarize the key points discussed in the essay regarding Warren Buffett's approach to business dealings and ethics, as well as the comparison to Bernie Madoff.Emphasize the importance of ethical decision-making in business and the long-term implications it can have.Offer any final thoughts or insights on the topic.Remember to support your arguments with evidence, examples, and references to credible sources. Properly cite any sources used in your essay according to the appropriate citation style.
Know more about Business ethics here:
https://brainly.com/question/32761617
#SPJ8
In a graduated tax system,
a. the tax rate says the same regardless of taxable income.
b. the tax rate gets lower as taxable income gets larger.
c. the tax rate gets higher as taxable income gets smaller.
d. the tax rate gets higher as taxable income gets larger
Answers
Answer:tax rate gets high the more I come
Explanation:
More money earned means more tax return
Problem 5-1 Health Savings Accounts (LO 5.1) Evan participates in an HSA carrying family coverage for himself, his spouse, and two children. In 2020, Evan has $200 per month deducted from his paycheck and contributed to the HSA. In addition, Evan makes a one-time contribution of $2,000 on April 15, 2021 when he files his tax return. Evan also receives a 2020 Form 1099-SA that reports distributions to Evan of $3,200 which Evan used for medical expenses. Compute the effect of the HSA transactions on Evan's adjusted gross income. These transactions Evan's AGI by $fill in the blank 2
Answers
Answer:
Following are the solution to the given points:
Explanation:
In step 1:
For himself, his partner, and two young children, Evan has an interest in HSA conveying a family integration program.
Evan removed and added $100 per month from his check-in 2019. in 2019.
On April 15th, 2020 when he files the returns, Evan makes a one-time pledge of $2000.
In step 2:
The modified gross revenue of Evan shall be lowered by $3200 in HSA transactions.
Working:
\(\to (100 \times 12)+2000 \\\\\to 1200+2000\\\\\to 3200\)
is karma real
good films on karma
Answers
Karma the superstition is not real, however this is a subjective question.
Some good films relating to karma are:
"Cloud Atlas" (2012) - This science fiction film tells six interconnected stories set across different time periods, with the characters' actions and decisions influencing each other in the past, present, and future. The film explores the idea of reincarnation and the notion that our actions in one life can have consequences in the next.
"The Fountain" (2006) - This visually stunning film tells the story of a man's spiritual journey through three parallel stories set in different time periods. The film explores themes of death, rebirth, and the interconnectedness of all things, as the protagonist grapples with the idea of accepting his own mortality.
"The Adjustment Bureau" (2011) - This science fiction thriller follows a politician who discovers that his life is being controlled by a group of mysterious beings who plan out his every move. The film explores the idea that our choices and actions can have a profound impact on our future, and that we have the power to change our fate through our own decisions and willpower.
What is the name of the Inca tot of stock market prices that averages 30 selected industrial stocks?
A. NYSE
B. S&P 500
C. NASDQ
D. Dow Jones
Answers
Answer:
C
Explanation:
I'm smart boy that's y because y = u and u nedda pay attention in class blood
The name of the Inca tot of stock market prices that average 30 selected industrial stocks is Dow Jones. Thus the correct option is D.
What is stock?A stock is referred to as a kind of ownership of certain items. When an individual holds stocks or shares in the market they are entitled as a stockholder or shareholder and liable for some dividend.
The more than 3,700 stocks listed on the Nasdaq stock exchange make up the market capitalization-weighted Nasdaq Composite Index. While Dow Jones is made up of only the top 30 stocks, which are often selected for their industrial industries.
As a result, Dow Jones is the name of the stock market price indicator that uses the average of 30 carefully chosen industrial stocks. Therefore, D is the appropriate option.
Learn more about stocks, here:
brainly.com/question/3210355
#SPJ5
quality of performance
Answers
The question does not specify anything so the answer is written in generalise manner.
The amount of excellence that helps in the fulfillment of goals, completeness, and accuracy of an individual's or organization's output is referred to as performance quality. It is a measurement of how well a task or procedure is carried out.
Organizations with strong cultures that emphasize quality and continual improvement do better than those with weaker cultures. Effective leadership can also contribute to the development of a great culture and improved quality.
The ease of use and efficiency of the product or service, as well as how well it fits the needs of the consumer, are all aspects of performance quality which is determined by the customer.
Learn more about the quality of performance, here:
https://brainly.com/question/30490925
#SPJ1
Question 10 of 10
How do values play a role in planning a career?
Answers
Career values are crucial since they can help define the parameters for your personal fulfillment and professional success. You may be intentional in your employment search and utilize your values to build your future by recognizing your own values and what matters most to you.
What are values in career planning?Work values, also known as career values, are the personal ideas, drives, and beliefs that guide you in determining what matters most to you in your professional life. Your drive to work and your overall success at work are both influenced by them.
Our actions, relationships, and lives as a whole are influenced by our own values. In addition to helping us make important decisions, our beliefs can affect how we develop personally. Knowing your values will help you make decisions about your profession, relationships with others, and interests that are most important to you.
To know more about career planning, refer:
https://brainly.com/question/28320747
#SPJ4
The basic principle involved with expense recognition is: Multiple Choice All costs that are used to generate revenue are recorded in the period the revenue is recognized. All transactions are recorded at the exchange price. The business is separate from its owners. The business will continue to operate indefinitely unless there is evidence to the contrary.A company orders office supplies in June. Those supplies are received and paid for in July. The supplies are used in August. In which month should the company record supplies expense
Answers
Answer:
All costs that are used to generate revenue are recorded in the period the revenue is recognized
Supplies expense is recorded in August
Explanation:
Expenses are the cost that a company incurs in the process of generating revenue from an asset. As such when a business is paying cost like wages, rent, and office materials it is generating revenue from sales and services provided.
The expense recognition principle requires that a business records expenses when revenue associated with them are recognised.
An office that orders office supply and uses them in August will only recognise supply expense when there is use of the office supply.
So supply expense will be recognised in August
Accounting and subsequently violates the covenant not to complete, what equitable remedy is available to big three accounting inc
Answers
Injunction equitable remedy is available to Big Three Accounting, Inc. Thus option D is correct.
What is Accounting?Accounting is the act of documenting a business's monetary operations. All transactions are compiled, examined, and reported to factor in making, regulatory bodies, and tax collection organizations as part of the accounting cycle.
A lawsuit for an injunction is brought to court when someone infringes any contract clause relating to not competing. An equitable relief is where a court directs a party to carry out a certain act or desist from doing so. Therefore, option D is the correct option.
Learn more about Accounting , Here:
https://brainly.com/question/29108212
#SPJ1
After passing his CPA exam, Mohammad is hired by Big Three Accounting, Inc. Part of his contract includes a covenant not to compete. If, after working for three years, Mohammad retires from Big Three Accounting and subsequently violates the covenant not to compete, what equitable remedy is available to Big Three Accounting, Inc.?
a. Rescission O b. Specific Performance O c. Reformation O d. Injunction
Year
Pens
Muffins
Price
Quantity
Price
Quantity
(Dollars per pen)
(Number of pens)
(Dollars per muffin)
(Number of muffins)
2008 1 110 2 150
2009 2 155 4 215
2010 3 120 4 180
Use the information from the previous table to fill in the following table.
Year
GDP
Real GDP
(Dollars)
(Base year 2008, dollars)
2008
2009
2010
From 2009 to 2010, GDPdecreased , and real GDPdecreased .
Answers
1. Using the information to fill the following Nominal GDP and Real GDP table is as follows:
Nominal GDP Real GDP
Year (Dollars) (Base year 2008, Dollars)
2008 410 410
2009 1,170 585
2010 840 480
2. From 2009 to 2010, nominal GDP decreased, and real GDP decreased.
What differentiates the nominal GDP from the real GDP?The nominal GDP is based on the current prices and quantities.
The real GDP adjusts the current prices to remove the effects of inflation.
Pens Muffins
Price Quantity Price Quantity
Year (Dollars per pen) (Number of pens) (Dollars per muffin) (Number of
muffins)
2008 1 110 2 150
2009 2 155 4 215
2010 3 120 4 180
Nominal GDP:2008 = $410 ($1 x 110 + $2 x 150)
2009 = $1,170 ($2 x 155 + $4 x 215)
2010 = $840 ($3 x 120 + $4 x 180)
Nominal GDP Real GDP
Year (Dollars) (Base year 2008, Dollars)
2008 410 410 ($1 x 110 + $2 x 150)
2009 1,170 585 ($1 x 155 + $2 x 215)
2010 840 480 ($1 x 120 + $2 x 180)
Learn more about nominal GDP and real GDP at https://brainly.com/question/834792
#SPJ1
In 2016, 59.7 percent of the adult population (253 million) was employed. If the employment rate increased to 62 percent,
Instructions: In part a, round your response to one decimal place. In part b, enter your response as a whole number.
a. How many more people would be working?
______ million
b. By how much would output increase if per worker GDP were $122,000?
$ _____ billion
Answers
Answer:
a. 5.819 million
b. $709918
Explanation:
Below is the calculation:
a. Total number of adult population = 253 million
Total employed adult = 253 x 59.7% = 151.041
Number of employed adult after increase in employment rate = 253 x 62% = 156.86
More people would be working = 156.86 - 151.041 = 5.819 million
b. GDP per capita is $122,000, so increase in GDP = 5.819 x 122000
Increase in GDP = $709918
Two key aspects of financial planning are cash planning and profit planning. Cash planning involves the preparation of the cash budget and profit planning involves preparation of pro forma statements. To make cash budget and pro forma statements for a firm, accounting knowledge is needed. Do accounting courses you took before help you better understand how to make cash budget and pro forma income statement and balance sheet? Explain.
Answers
Yes. Accounting courses I took before helps us understand how to make cash budget and pro forma income statement and balance sheet.
Here's how accounting courses can help individuals in creating cash budgets, pro forma income statements, and balance sheets:
Cash Budget: Accounting courses teach students about the importance of cash flow management and how to prepare a cash budget. Pro Forma Income Statement: Accounting courses teach students how to analyze historical financial data and use it to forecast future performance. Balance Sheet: Accounting courses provide a comprehensive understanding of balance sheets and their components. Students learn how to analyze assets, liabilities, and shareholders' equity to assess the financial position of a company.By studying accounting, individuals gain a solid foundation in financial concepts, reporting standards, and analytical techniques. This knowledge equips them with the skills necessary to create cash budgets, pro forma income statements, and balance sheets effectively.
For such more question on cash budget:
https://brainly.com/question/28494878
#SPJ8
Managers are strictly required to properly understand the role of Information Systems in their organization. Failure to do so might have adversary effects on the existence of their organization. In relation to role of IS in organization, there are practical examples where IS has created a situation to replace roles organizations have assumed for years in Ethiopian business environment. Mention at least two organizations IN Ethiopia whose role has been replaced/ threatened by IS.
Answers
Answer:
Explanation: the most which is
How has the pandemic disrupted the global supply chain?
Answers
There is a unsufficient amount of distribution happening because of the pandemic and people calling in sick so they can not work
Explanation:
If some one has civil they are ordered to stay in Quarantine for some time including the people they made contact with. so if you are at a work place and you where around all the staff they will shut down the place therfore no work is done
A local pharmaceutical firm of Pakistan has decided to restructure its end to end process as per the quality standards of DRAP (Drug Regulatory authority of Pakistan). The management is keen to implement Quality Management organization wide. You are asked to analyze the entire transformation. • Employee involvement and its benefits • The role of the top management in enforcing quality management • Guidelines of quality costing system ensuring no damages • Requirement for ISO certification
Answers
Answer:
The restructure of the local pharmaceutical firm will cause a great change which is discussed below
Please mark brainliest
Explanation:
The restructure of the local pharmaceutical firm will cause a great change which is discussed below:
Employee involvement and its benefits:
The employees will be greatly involved in the restructure as they will be required to take more precautions while preparing or carrying the medicines, the employees involved in the procedure will be provided with a better health.
The role of the top management in enforcing quality management
The top management will play a vital role in the restructure of the firm because they are responsible for managing its employees and they will be the one imposing all the strict rules which will be required to be followed by the firm.
Guidelines of quality costing system ensuring no damages
This restructure will effect the finance department as well in a way to calculate the cost of the quality measures which will be taken, the operating cost is likely to be increased.
Requirement for ISO certification
The firm will have to get an ISO certificate which will be the proof that the firm follows proper safety measures, the certificate will be provided upon careful investigation of the firm by ISO.
what will cause demand to change?
Answers
Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
Answers
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
For such more question on net loss:
https://brainly.com/question/28390284
#SPJ8
The possibility that consumer spending may change before an anticipated change in income actually occurs reflects the importance of consumer
O irrationality.
O prophesy.
O expectations.
O imprudence.
Answers
The possibility that consumer spending may change before an anticipated change in income actually occurs reflects the importance of consumer D) expectations.
D)Consumer expectations play a vital role in shaping economic behavior and decision-making.
They are influenced by a variety of factors such as economic conditions, personal financial situations, and future prospects.
Consumer expectations refer to individuals' beliefs about the future state of the economy, including their own income levels and employment prospects.
These expectations can significantly impact consumer spending patterns and overall economic activity.
If consumers anticipate an increase in their income in the near future, they may choose to increase their spending even before the actual income change takes place.
This phenomenon is known as the "anticipatory effect" or "income effect" on consumption.
It suggests that consumers do not always wait for their income to change before adjusting their spending habits.
Instead, they act based on their expectations of future income changes.
For example, if consumers anticipate a pay raise or a promotion, they may start spending more in anticipation of the increased income, even if it has not materialized yet.
Consumer expectations can also work in the opposite direction. If consumers anticipate a future decline in income, such as a job loss or an economic downturn, they may reduce their spending in advance to prepare for the anticipated income decrease.
This behavior can have significant implications for economic stability and growth, as it can amplify the impact of economic shocks or changes in income on overall consumer spending and aggregate demand.
Therefore, understanding consumer expectations is crucial for policymakers, businesses, and economists.
It helps them gauge consumer sentiment, predict future spending patterns, and make informed decisions regarding fiscal and monetary policies.
Additionally, accurate assessments of consumer expectations can contribute to a more stable and resilient economy by allowing policymakers to respond effectively to changes in consumer behavior and manage economic fluctuations.
For more questions on consumer
https://brainly.com/question/380037
#SPJ8