Which profession has trouble finding work if a countries educational system has produced more than the country can employ?

Answers

Answer 1

Doctors have trouble finding work if a countries educational system has produced more than the country can employ.

Doctor emigration, commonly referred to as "brain drain," is brought on by a mismatch between demand and supply in wealthy nations and a lack of work satisfaction in developing nations. This effect is caused by a variety of push and pull factors, with media and the internet having a role. Large-scale doctor migration may cause issues for both the donor and recipient nations, thus widening the gap between developed and poor nations.

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Related Questions

Using the pie chart in your reading, what percentage of our total tax dollars is used by the federal gov. to fund the social security and Medicare programs?
Answer: 38%

Answers

The percentage spent on Social Security and Medicare of the total is =  28.32% of the Total Spending.

The total amount of funds used by the Federal Government for social security and Medicare in the year 2020 is $1.869 Trillion.

The total Medicare and Social Security spending:

Medicare ($ 769,000,000,000) + Social Security ($ 1,100,000,000,000) =

Total ($ 1,869,000,000,000) or $1.869 Trillion

The percentage of the Medicare and Social Security spending as a percentage of the total spend:

The Total Spend = $6.6 Trillion (or $6,600,000,000,000)

The percentage spent on Social Security and Medicare of the total is:

Formula = (Value / Total) x 100%

= ($1.869 Trilion/$6.6 Trillion) x 100%

= ($ 1,869,000,000,000/$6,600,000,000,000) x 100%

= 0.28318181818 X 100%

= 28.32%

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Erin spent $25, $36, $18, and $42 on lunch in the last four
weeks. What was her average weekly expense for lunch?

Answers

Answer:

121 weekly i hope this hepl

what life? and how are you

Answers

Answer:

life is evrthing on earth that is living or requires certain things to live and If you want a lie im awsome.

Suppose the productivity of labor in the production of grapes and tomatoes in France doubles. Assuming France experiences constant opportunity cost

Answers

If the productivity of labor in the production of grapes and tomatoes in France doubles, it means that France can now produce twice as many grapes and tomatoes with the same amount of resources.

Assuming that France experiences constant opportunity cost, this means that the trade-off between producing grapes and tomatoes remains the same.

If France was originally producing at a point on its production possibilities frontier (PPF) before the increase in productivity, the PPF would shift outward as a result of the increase in productivity. This is because France can now produce more with the same amount of resources.

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Which pricing tactic should most likely be used when marketing organization are targeted quality-conscious consumers?

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A targeted pricing tactic should most likely be used when marketing organizations are targeting quality-conscious consumers.

Marketing is an activity, institution, and process for creating, communicating, delivering, and exchanging offers of value to customers, clients, partners, and society as a whole.

Marketing informs many people about a particular product. Sales increase when people get enough information about your product. Marketing is very helpful for many companies to create revenue opportunities. This is true when the corporate sector uses different marketing strategies to increase corporate profits.

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Which of the following would likely cause an increase in Supply for a particular good i.e. a shift in SUPPLY to RIGHT? A Decrease in the Cost of Production An Expectation of Higher Future Prices An Increase in the Price of a Complement Good A Decrease in the Price of a Substitute Good

Answers

The factor that would likely cause an increase in supply for a particular good, resulting in a shift in supply to the right, is A Decrease in the Cost of Production.

When the cost of production decreases, businesses can produce the good more efficiently and at a lower cost. This creates an incentive for producers to supply more of the good at each price level, leading to an increase in supply. As a result, the supply curve shifts to the right.

An expectation of higher future prices (option B) would not cause an immediate increase in supply. It may affect the behavior of producers, but it does not directly impact the current supply of the good.

An increase in the price of a complement good (option C) or a decrease in the price of a substitute good (option D) would not directly affect the supply of the particular good in question. These factors may impact the demand for the complement or substitute goods, but not the supply of the specific good in focus.

Therefore, the correct answer is A Decrease in the Cost of Production as it would likely cause an increase in supply, shifting the supply curve to the right.

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A cost that remains constant per unit at various levels of activity is a:
a. mixed cost.
b. manufacturing cost.
c. variable cost.
d. fixed cost.

Answers

A cost that remains constant per unit at various levels of activity is known as: a variable cost. The correct option is C.

Variable costs are those costs that change in direct proportion to the level of production or business activity. For instance, the more products a company produces, the higher the total variable cost will be.

Some examples of variable costs include raw materials, direct labor, and certain utilities such as electricity or gas, which may fluctuate with production levels.

On the other hand, fixed costs do not change with the level of production and remain constant regardless of business activity. Examples of fixed costs include rent, salaries, and insurance.

Mixed costs, also known as semi-variable costs, have both fixed and variable components. Manufacturing costs typically include a combination of fixed and variable costs that are involved in producing goods.

To recap, a cost that remains constant per unit at various levels of activity is a variable cost, as it changes in direct proportion to the level of production. This is different from fixed, mixed, or manufacturing costs, which each have their unique characteristics in relation to business activity.

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1. Workplaces that grow plants, such as farms, nurseries, greenhouses,
gardens, and parks are part of
Plant Systems
Animal Systems
Food Products & Processing Systems
Environmental Service Systems

1. Workplaces that grow plants, such as farms, nurseries, greenhouses,gardens, and parks are part ofPlant

Answers

Answer:

Plant Systems

Explanation:

The plant system entails the science of how plants grow. It is the study of the different types of plants and how they impact our world. Gardens, farms, nurseries, greenhouses, and parks also form part of the plant's system.

Plant Systems specialists help feed the nation by monitoring our plant food quality and safety. They provide information that aids consumers in making sensible nutritional decisions.

started business with cash Rs 100000 and furniture Rs 50000​

Answers

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

Hockley Brewing has produced a new craft lager beer that will be branded Hockley Classic Lager. The market for craft beer is about $20 million retail per year and the average retail price across all craft beer producers is $2. 50. The following information applies to Hockley’s new craft lager beer.

Factory production costs $1. 05 / can (Variable Cost)
Beer ingredients $0. 35 / can (Variable Cost)
Packaging $0. 20 / can (Variable Cost)
Advertising and promotion $60,000 (Fixed Cost)
Channel listing fees $30,000 (Fixed Cost)
Hockley’s wholesale price to retailers $2. 40 / can (Variable Cost)
(Hockley’s) manufacturer’s suggested retail price $2. 55 / can (Variable Cost)


a. What is Hockley’s unit contribution (measured in $ per can) and contribution margin (measured in percentage)?

b. What is the break-even point in cans? in dollars?

c. What is the necessary sales volume in cans to achieve a $150,000 (target) profit?

d. What will Hockley’s net profit be if 100,000 cans of the new lager are sold?

e. What will Hockley’s market share of craft beer be if they sell 100,000 cans?

f. Their largest competitor is Mill Street Brewery whose Original Organic Lager has 2. 5% market share of the craft beer market. Given Hockley’s market share calculated in part (e), what will Hockley’s relative market share (RMS) be for their Classic Lager?

g. The craft beer market is growing at 10% annually, higher than any other type of beer. With the RMS for Hockley Classic Lager calculated in part

(f), at the end of their first year, where in Hockley’s portfolio will Classic Lager be positioned and what recommendation would follow?

h. Calculate the price elasticity of demand if they raise the MSRP from $2. 55 to $2. 75 and demand falls from 100,000 cans to 95,000 cans. Is demand for this product price elastic or inelastic?

Answers

Hockley's unit contribution is $0.50 per can with a contribution margin of 19.6%. The break-even point is 180,000 cans or $432,000, and a sales volume of 480,000 cans is needed to achieve a target profit of $150,000.

a. Hockley's unit contribution is $0.50 per can ($2.55 - $2.05), and the contribution margin is 19.6% (($0.50 / $2.55) x 100).

b. The break-even point in cans can be calculated by dividing the total fixed costs ($60,000 + $30,000) by the contribution per can ($0.50). The break-even point is 180,000 cans. In dollars, the break-even point is $432,000 (180,000 cans x $2.40).

c. To achieve a target profit of $150,000, we need to calculate the necessary sales volume in cans. The formula is (Total Fixed Costs + Target Profit) / Contribution per can. Using the given numbers, the necessary sales volume is 480,000 cans.

d. If 100,000 cans of the new lager are sold, the net profit can be calculated as (Unit contribution x Sales volume) - Total Fixed Costs. With the given numbers, the net profit would be $10,000.

e. If Hockley sells 100,000 cans, their market share of craft beer can be calculated as (Sales volume / Total market size) x 100%. With a $20 million market size, their market share would be 0.5%.

f. Hockley's relative market share (RMS) for their Classic Lager can be calculated by dividing their market share by Mill Street Brewery's market share and multiplying by 100. With Hockley's market share of 0.5% and Mill Street Brewery's market share of 2.5%, Hockley's RMS would be 20%.

g. With an RMS of 20% for their Classic Lager, Hockley would be positioned as a significant player in the craft beer market. The recommendation would be to continue investing in and promoting the Classic Lager to further increase its market share.

h. The price elasticity of demand can be calculated using the formula: Percentage change in quantity demanded / Percentage change in price. In this case, the percentage change in quantity demanded is ((100,000 - 95,000) / 100,000) x 100% = 5%, and the percentage change in price is (($2.75 - $2.55) / $2.55) x 100% = 7.8%. Therefore, the price elasticity of demand is 0.64 (5% / 7.8%). With a price elasticity of less than 1, demand for this product is price inelastic, meaning that a price increase led to a proportionally smaller decrease in quantity demanded.

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1. What is Maxwell's filing status?

Single
Married filing jointly
Head of household
Dependent

2. Based on the information provided on this W-4 form, which statement can you assume is TRUE?

Maxwell and his spouse are planning to itemize their deductions this year
Maxwell and his spouse both work, or Maxwell himself has two jobs
Maxwell and his spouse both work at Big City Office Furniture
Maxwell and his spouse are the owners of Big City Office Furniture

3. In order to fill out this W-4 form, Maxwell needed to know all of this information EXCEPT…

His Social Security number
His address
The amount of taxes he has paid in the last five years
The number of dependents he plans to claim on his tax return

4. Assume that Maxwell and his spouse anticipate earning around $110,000 in combined income this year. Given how he’s completed this W-4 form, how many children under the age of 17 does Maxwell have?

1
2
3
4

5. Given how he’s completed this W-4 form, how many other dependents does Maxwell have?

0
1
2
3

6. If Maxwell and his spouse were to have another child, but all other aspects of their life stayed the same, which entries on a new W-4 form would he need to change?

No need to change the form
Step 2
Step 3
Step 4

7. In June, Maxwell’s father comes to live in their home and can count as Maxwell’s dependent. What steps does Maxwell need to take next?

There are no steps Maxwell needs to take
Submit a new W-4, claiming $500 more in Box 3
Submit a new W-4, claiming $2000 more in Box 3
Verbally tell the HR department at Big City Office Furniture

8. How much EXTRA money is Maxwell having held from each paycheck?

$0
$10
$50
Cannot tell from this form

9. A W-4 form is given to you by your employer to complete for that specific job. Which statement below is definitely TRUE?

He started working at this job during the 2019 tax year
He submitted the W-4 a few days after he started
He completed this W-4 for his job at Big City Office Furniture
He lives and works in the same city

10. When Maxwell completes this W-4, who should he submit it to?

Big City Office Furniture
The IRS
No one - he keeps it for his records
His spouse

1. What is Maxwell's filing status?SingleMarried filing jointlyHead of householdDependent2. Based on

Answers

The Maxwell's filing status is Married filing jointly. The correct option is (B). So, the other statements are, 1(B), 2(B), 3(C), 4(B), 5(C), 6(C), 7(B), 8(C), 9(C), 10(A).

What do you mean by the  W-4 form?

You must submit a W-4 Form to the IRS to inform your employer of the amount of federal tax withholdings to be made from your paycheck. You can avoid having a sizable debt owed at tax time by accurately completing your W-4.

Therefore, according to all these statements are:

Maxwell's filing status is Married filing jointly.Based on the information provided on this W-4 form, the true statement is Maxwell and his spouse both work, or Maxwell himself has two jobs.In order to fill out this W-4 form, Maxwell needed to know all of this information except the amount of taxes he has paid in the last five years.Maxwell's completed this W-4 form, 2 children under the age of 17.Maxwell's completed this W-4 form, 2 other dependents.If Maxwell and his spouse were to have another child, but all other aspects of their life stayed the same, Step 3 entries on a new W-4 form would he need to change. In June, Maxwell’s father comes to live in their home and can count as Maxwell’s dependent. Maxwell need to take next Submit a new W-4, claiming $500 more in Box 3.$ 50 extra money is Maxwell having held from each paycheck.A W-4 form is given to you by your employer to complete for that specific job. The true statement is he completed this W-4 for his job at Big City Office Furniture.Maxwell completes this W-4,  who should he submit it to Big City Office Furniture.

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Define the word extractive!



Thanks!

Answers

Pleasing or appealing to the senses

when ordering raw materials of steel and aluminium the business is considering changing to jit advise them if its a good idea or not

Answers

The advantages the business gets if they  change to JIT are

reduction in inventory costImprovement in qualityIncrease in efficiency

The Advantages:

Decisions on whether or not to implement a Just-In-Time (JIT) inventory system for steel and aluminum raw material depend on many variables such as business size, market demand, lead time and supplier reliability. Here are the potential advantages and disadvantages of JIT inventory in such situations:

JIT helps businesses reduce inventory holding costs as raw materials are only ordered as required, thus freeing up cash flow for other investments and creating greater cashflow opportunities.

Quality Improvement: Just-In-Time production methods provide greater quality assurance as materials can be purchased in smaller batches that can then be thoroughly inspected upon their arrival.

Increased Efficiency: Just-In-Time ordering helps shorten lead times as raw materials are ordered only when necessary for production; leading to greater productivity gains overall.

Disadvantages of Just in Time production (JIT):

JIT requires businesses to become increasingly dependent on suppliers for materials delivery on time or at required quality levels; any supplier failure could create major disruption in operations and create costly supply issues for business operations.

Transportation Costs Increase with JIT Delivery Frequencies: JIT deliveries often necessitate more frequent delivery trips, which increases transportation expenses.

Difficulties Responding to Unexpected Changes: JIT requires accurate forecasts for demand and lead times

Requiring an efficient supply chain: JIT requires close cooperation between businesses and suppliers in the supply chain.

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which method of recruiting does not charge for its services and may include a partnership with nonprofit groups to meet the needs of the community?

Answers

Any organization, public or private, non-profit or for-profit, created to offer a variety of social and psychiatric services to the community is considered a community agency.

A community is a social group in which members share certain characteristics, such as geographic locations, norms, values, beliefs, practices, and the like. Communities that are close to one another may share a sense of place. An organization or agency that offers assistance for avoiding, enhancing, or even resolving mental health or other health concerns is referred to as a community agency. For the purpose of completing the assignment, it may include both for profit and non-profit organizations. Non-profits, unlike for-profit businesses, must strike a balance between achieving their objectives and continuing to generate income. This might be difficult since it can be hard to estimate how much money will be available to support the organization's operations due to funding changes. non-profits also frequently depend on grants and donations, which can be erratic.

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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.

Answers

Answer:

A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOU

According to the 28 percent rule, Travis can afford a maximum PITI of $2,800. What is his gross monthly income?

Answers

According to the 28 percent rule, Travis can afford a maximum PITI of $2,800. The gross monthly income is $10,000.

Maximum Amount = Monthly Salary x 28%

$2,800 = Monthly Salary x 28%

Monthly Salary = $2,800 / 0.28 = $10,000

Thus, his gross monthly income is $10,000.

The whole amount of money collected in a given month without any deductions, including taxes, is referred to as gross monthly income. Your gross monthly income is the sum of your financial earnings from all possible sources, including but not limited to: Salary or regular pay. Overtime, bonuses, and commissions are all possibilities.

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What is the the effect on the foreign price with a combined domestic production subsidy and consumption tax applied by a small country on the same good at the same level?

Answers

Answer:

The effect these factor will have on Import is that it will lower Imports and decrease in imports = Increase in foreign prices

Explanation:

The effect on the foreign price when there is a combined domestic production subsidy and consumption tax applied on a good at the same level

i) when consumption tax is applied : The consumer price will increase by the amount of the tax and the demand for the good will decrease while the producer price will remain the same

ii) when production subsidy is applied : producer price will increase while the consumer price will remain unchanged

when they are both set at the same level ( i.e. consumption tax and production subsidy )  The producer price = consumer price

The effect these factors will have on Import is that it will lower Imports and decrease in imports = Increase in foreign prices

An earned education certificate track
after an individual has successfully
completed the necessary course
requirements for a particular field at a
community college

Answers

associates degree !!!!!!!

Mary Walket, president of Rusco Products, considers $14,000 to be the minimum cash balance for operating purposes. As can be seen from the following statements, only $8,000 in cash was available at the end of 2009 . Because the company reported a large net income for the year, and also issued both bonds and common stock, the sharp decline in cash is puzzling to Ms. Walker.
The following additional information is available for the year 2009.a. Dividends totaling $9,000 were declared and paid in cash.b. Equipment was sold during the year for $8,000. The equipment had originally cost $20,000 and had accumulated depreciation of $ 10,000.c. The decrease in the Preferred Stock account is the result of a conversion of preferred stock into an equal dollar amount of common stock.d. Long-term investments that had cost $ 20,000 were sold during the year for $30,000.Required:Using the indirect method, compute the net cash provided by operating activities for 2009.

Answers

1. Rusco Products

Statement of money Flows (Indirect Approach)

For the year ending New Year's Eve , 2015

Cash flows from operating activities:  

Net income  $30,000

Add (deduct) non cash effects on operating income  

Depreciation expense   $20,000      Movement in Account      Depreciated account: -       $50,000 - $10,000 = $40,000 - $60,000

Gain on sale of investment       $(10,000)

Loss on sale of kit     $2,000

Increase in deferred taxes     $8,000

Increase in assets   $(40,000 )  An increase should be deducted because it implies that not all sales were received in cash

Increase in inventory      $(50,000 ) a rise is deducted because cash was invested in inventory

Decrease in prepaid expenses      $4,000  A decrease are going to be added because no all expenses were paid in cash

Increase in accounts payable $63,000 a rise will be added as it implies that cash was generated from supplier credit

Decrease in accrued expenses $(9,000 )  A decrease is deducted as cash was spent to settle it

Net cash provided by operating activities $18,000

Cash flows from investing activities:

Proceeds on sale of investment 30,000

Proceeds on sale of kit 8,000

Purchase of kit $(150,000 )

Movement in Plant and Equipment account: - $300,000 - $20,000 = $280,000 - $430,000

Net cash employed by investing activities  $(112,000)

Cash flows from financing activities:

Bonds issued 70,000

Proceeds from issuing stock    $20,000      

 Movement in common shares acc: - $250,000 + $(96,000 - $80,000

= 416,000)

= $266,000 - $286,000

Dividends paid=   $(9,000)

Net cash provided by financing activities  $81,000

Net decrease in cash=  $(13,000)

Cash balance at January 1, 2015 = $21,000

Cash balance at New Year's Eve , 20 =$8,000

2. The free income can be calculated from the cash flow statement like this:

Operating income $18,000

Less: Capital expenditures (112,000)

= Free income $94,000

3. we will see from the cash flow statement that the company:

Managed to get a positive cash flow from operations despite the heavy investment in inventories and the increase in accounts receivable by increasing its trade credit.

The cash position declined though, due to the e purchase  equipment es that was in excess of the amount raised from he bond issue.

Cash Flow Statement by the Indirect Method:

The income statement is one of the fundamental financial statements. In it, the state of the cash asset of a corporation is analyzed by reporting on how much cash was used y or provided by operating, investing, and financing activities.

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Which situations are examples of how credit scores determine nonfinancial opportunities for consumers? Check all that apply.

an employer determining whether a job candidate is smart
an employer hiring someone to handle financial information
an apartment owner gauging whether a tenant might break the rules
an apartment owner determining whether to rent a unit to someone
a car insurance company setting rates based on where someone lives
a car insurance company predicting the likelihood of future claims

Answers

Credit scores are an important indicator of financial health and are used by lenders, employers, landlords, and insurance companies to make decisions about nonfinancial opportunities for consumers. Option D, B and F


D) An apartment owner determining whether to rent a unit to someone: Landlords often run credit checks on potential tenants to determine their financial responsibility and ability to pay rent on time. A poor credit score can result in a landlord denying a rental application or requiring a higher security deposit.

B) An employer hiring someone to handle financial information: Employers who are looking to hire someone to handle financial information, such as an accountant or bookkeeper, may use credit scores as an indicator of their ability to manage finances responsibly.

F) A car insurance company predicting the likelihood of future claims: Car insurance companies may use credit scores as a factor in determining the likelihood of future claims. A low credit score may result in higher insurance rates or denial of coverage.

In conclusion, credit scores can impact various aspects of a person's life beyond financial opportunities. It is important to maintain a good credit score to ensure access to nonfinancial opportunities and benefits. Option D, B and F.

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Which of the following is not a question business executives will ask as part of their strategic planning?

When will our competitors succeed?
What do we do?
For whom do we do it?
What are our strengths and weaknesses?

Answers

I’d say “What do we do?”

What do you want to be when you a grow up? I want to be a model or a fitness model or a boxer or a professional tahitian dancer or belly dancer you?

Answers

I haven’t decided exactly what I wanna do yet, but here are my options:

-Interior designer
-Psychology counseling
-Fashion designer
-Small business owner (cafe?)
-Or something in the cosmetic indestry

Answer:

I love to read and write. So, I want to become an author. I want to entertain people with my stories. I also want to be a media specialist. I love being part of the library and the books.

Explanation:

an object is placed at a distance of 20cm from convex lens of focal length 15cm find the image distance​

Answers

Answer:

Image distance = 60 cm

Explanation:

Object distance from a convex lens = 20 cm

Focal length of convex lens = 15 cm

Use the following relation between the object distance, focal length and image distance.

\(\frac{1}{object\,\,distance}+\frac{1}{image\,\,distance} =\frac{1}{focal\,\,length}\)

\(\frac{1}{20}+\frac{1}{image\,\,distance}=\frac{1}{15}\\\\ \frac{1}{image\,\,distance}= \frac{1}{15}-\frac{1}{20}\\\\ \frac{1}{image\,\,distance}= \frac{4-3}{60} \\\\ \frac{1}{image\,\,distance}=\frac{1}{60}\)

Therefore,

Image distance = 60 cm

inventory is such an expensive asset that it may account for as much as 50 percent of a firm's invested capital. group of answer choices true false

Answers

Inventory is such an expensive asset that it may account for as much as 50 percent of a firm's invested capital. The statement is true.

what is Inventory?
Inventory
is a crucial asset for every business. It is described as the assortment of raw materials or completed products that a firm maintains throughout the usual course of operations. Raw materials, also known as any resources, required to manufacture completed items, work-in-progress (WIP), and finished goods, or those that are prepared for sale, are the three main types of inventories.

As was already said, inventory acts as a stopgap between order fulfilment and production and is recorded as a current asset on a company's balance sheet. When an item in inventory is sold, its carrying cost is transferred to the income statement's cost of goods sold (COGS) category.

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The local theater sells tickets to its plays at a rate of $38 each. Patrons who attend multiple shows are encouraged to buy an annual membership for $80. Members are able to buy tickets at a discounted rate of $20 each. Roger expects to attend 6 shows this year. Grace expects to attend 4 shows. Who would benefit from buying a membership this year?.

Answers

Answer:

Roger Benefits

Explanation:

Okay so lets think about it like this:

Total Cost/Revenue for Roger:

Without Membership: 38*6 = 228

With Membership: 80 + 20*6 = 200

Difference: +28

Total Cost/Revenue for Grace:

Without Membership: 38*4 = 152

With Membership: 80 + 20*4 = 160

Difference: -8

Answer: Roger Benefits

Answer:

the answer is only roger

Explanation:

i just did it on edge;)

Which accounting concept is used in each of the following accounting treatment?

The cost of a tape dispenser has been charged to an expense account, although in fact it could still be in use in ten years’ time.
A sole proprietor has sold his private house, but has not recorded anything about it in the business records.
A debt has been written off as a bad debt even though there is still a chance that the debtor eventually may be able to pay it.
A machine has been bought for an exceedingly low figure,and it has been entered in the asset account at that figure even though it is worth more.
A motor van broke down in December , 2017. The repair bill for it was not until 2018 yet it has been treated as a 2017 expense.

Answers

The accounting concepts that provide guidance for recording the following business events are as follows.  The business transactions are numbered from (a) to (e) below:

1) Materiality Concept is applied because the impact of the cost of the tape dispenser being "expensed" is not significant on the reader of the financial statement.

2) Entity Concept requires separation between the finances of the owner from the finances of the business.  The business is a separate economic unit distinct from the sole proprietor.

3) Prudence Concept demands that expenses (like the bad debt written off) and liabilities are not underestimated and revenues and assets should not be overestimated.

4) Historical Cost Concept: Generally accepted accounting principles require the initial recognition of an asset at its purchase cost and not fair value.

5) Accrual Concept and Matching Principle: The accrual concept requires that expenses that have been incurred for a period should be accounted for in that period, whether cash payment is made or not.  The matching principle states that expenses (Van Repair Expense) should be matched to the revenue that they generate.

Thus, accounting concepts are the basic assumptions, rule, and principles for recording business transactions and events and preparing accounts and financial statements.

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explain the process that economists use to conduct a Cost-Benefit Analysis (CBA) for a high-speed rail ​

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Answer:

A cost-benefit analysis is a systematic process that businesses use to analyze which decisions to make and which to forgo. The cost-benefit analyst sums the potential rewards expected from a situation or action and then subtracts the total costs associated with taking that action. Some consultants or analysts also build models to assign a dollar value on intangible items, such as the benefits and costs associated with living in a certain town.

KEY TAKEAWAYS

A cost-benefit analysis (CBA) is the process used to measure the benefits of a decision or taking action minus the costs associated with taking that action.

A CBA involves measurable financial metrics such as revenue earned or costs saved as a result of the decision to pursue a project.

A CBA can also include intangible benefits and costs or effects from a decision such as employees morale and customer satisfaction.

Cost-Benefit Analysis (CBA)

Understanding Cost-Benefit Analysis (CBA)

Before building a new plant or taking on a new project, prudent managers conduct a cost-benefit analysis to evaluate all the potential costs and revenues that a company might generate from the project. The outcome of the analysis will determine whether the project is financially feasible or if the company should pursue another project.

In many models, a cost-benefit analysis will also factor the opportunity cost into the decision-making process. Opportunity costs are alternative benefits that could have been realized when choosing one alternative over another. In other words, the opportunity cost is the forgone or missed opportunity as a result of a choice or decision. Factoring in opportunity costs allows project managers to weigh the benefits from alternative courses of action and not merely the current path or choice being considered in the cost-benefit analysis.

By considering all options and the potential missed opportunities, the cost-benefit analysis is more thorough and allows for better decision-making.

The Cost-Benefit Analysis Process

A cost-benefit analysis should begin with compiling a comprehensive list of all the costs and benefits associated with the project or decision.

The costs involved in a CBA might include the following:

Direct costs would be direct labor involved in manufacturing, inventory, raw materials, manufacturing expenses.

Indirect costs might include electricity, overhead costs from management, rent, utilities.

Intangible costs of a decision, such as the impact on customers, employees, or delivery times.

Opportunity costs such as alternative investments, or buying a plant versus building one.

Cost of potential risks such as regulatory risks, competition, and environmental impacts.

Benefits might include the following:

Higher revenue and sales from increased production or new product.

Intangible benefits, such as improved employee safety and morale, as well as customer satisfaction due to enhanced product offerings or faster delivery.

Competitive advantage or market share gained as a result of the decision.

An analyst or project manager should apply a monetary measurement to all of the items on the cost-benefit list, taking special care not to underestimate costs or overestimate benefits. A conservative approach with a conscious effort to avoid any subjective tendencies when calculating estimates is best suited when assigning a value to both costs and benefits for a cost-benefit analysis.

Finally, the results of the aggregate costs and benefits should be compared quantitatively to determine if the benefits outweigh the costs. If so, then the rational decision is to go forward with the project. If not, the business should review the project to see if it can make adjustments to either increase benefits or decrease costs to make the project viable. Otherwise, the company should likely avoid the project.

With cost-benefit analysis, there are a number of forecasts built into the process, and if any of the forecasts are inaccurate, the results may be called into question.

Limitations of the Cost-Benefit Analysis

For projects that involve small- to mid-level capital expenditures and are short to intermediate in terms of time to completion, an in-depth cost-benefit analysis may be sufficient enough to make a well-informed, rational decision. For very large projects with a long-term time horizon, a cost-benefit analysis might fail to account for important financial concerns such as inflation, interest rates, varying cash flows, and the present value of money.

Which of the following is NOT example of Capital used to produce goods?

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Answer:

Some examples of capital used to produce goods are machinery, human workers, equipment, basically anything that is used by a factory in the production process. You didnt list any options so I can't tell you which one isn't, but I hope this helps!

Explanation:

Under what circumstance would a country have a comparative advantage in
the production of a certain good?
A. It has a lower opportunity cost for production of that good.
B. It has a more highly skilled work force.
C. It has well-developed industrial capacities.
D. It uses an assembly line to produce that good.
Ap3x

Answers

Answer:  [A]   It has a lower opportunity cost for production of that good.

Explanation:  It has a lower opportunity cost for production of that good. Comparative advantage comes when a country gives up less than others to engage in a particular type of production.

Answer:

It has a lower opportunity cost for production of that good.

Explanation:

Under what circumstance would a country have a comparative advantage inthe production of a certain good?A.

Which product costing system would better account for a unique product?
A. Overhead costing system
B. Product costing system
C. Job costing system
D. Process costing system

Answers

For a unique product, the job costing system would be the best product costing system to use. (Option C).

What is Job Costing System?

The job costing system is used to track the costs associated with the production of a specific job, typically a custom or unique product. This system allows for the tracking of all direct costs (e.g., materials and labor) and indirect costs (e.g., overhead) associated with a specific job. By doing so, the job costing system can provide accurate and detailed cost information for each unique product.

On the other hand, the overhead costing system, product costing system, and process costing system are more commonly used for standard or mass-produced products, where the cost of each unit is generally the same. While these systems can provide useful cost information, they may not be able to capture the unique costs associated with a one-of-a-kind product.

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