Your son is about to start kindergarten in a private school. currently, the tuition is $11,000 per year, payable at the start of the school year. you expect annual tuition increases to average 6% per year over the next 13 years. assuming that your son remains in this private school through high school and that your current interest rate is 7%, then the present value of your son's private school education is closest to:

Answer:B

Explanation: just took the quiz

To strengthen her chances of securing a job as a market research analyst, she can improve her hard skills by learning software used by market research analysts.

Analysts of market research collect and examine consumer and competitor data. To determine the likelihood that a good or service will be purchased, market research experts examine customer preferences, economic conditions, and other variables.

They assist businesses in determining what goods consumers want, who will purchase them, and how much they will cost. Data will be gathered by a market research analyst utilizing a number of technique.

They might conduct focus groups to get feedback on a new product or conduct statistical analyses to learn more about consumer behavior and the state of the market.

The appropriate response is option B.

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C. Undertake an infrastructure spending program is the appropriate response for the government to counteract falling consumer confidence and stimulate economic growth.

When consumer confidence falls, it indicates a lack of trust and pessimism among consumers regarding the overall state of the economy. To address this and stimulate economic growth, the government can undertake an infrastructure spending program. By investing in infrastructure projects such as transportation, energy, and public facilities, the government creates job opportunities and stimulates economic activity. This increased spending injects money into the economy, boosting demand and providing a sense of stability. Additionally, infrastructure development enhances productivity and efficiency, attracting private investments and fostering long-term economic growth. By taking proactive measures like infrastructure spending, the government can mitigate the negative impact of falling consumer confidence and promote economic recovery.

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Your answer :

The mean of salary for these options is $30.76\

hope I helped. :)

A change in the exact quantity of a product that customers are willing and able to purchase is referred to as a shift in the quantity demanded. A change in pricing is what led to this shift in the quantity demanded.

Demand: A product's price may drop when it becomes more profitable to produce the product at lower prices as a result of competition and technology, which may also alter the way a good or service is delivered.

In the event of a natural disaster or a government trade war, supply may increase, causing prices to increase to reflect a higher shortage in supply than before.

An entire demand curve might shift right or left due to changes in variables like average income and preferences. As a result, the quantity demanded at a given price can be larger or lower. The prevailing view presumption. Assuming no other parameters change, demand curves link the prices and quantities required.

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The probability that the average amount of syrup poured is less than 61 ml is 0.0698 (rounded to four decimal places).

The amount of syrup that people put on their pancakes is normally distributed with mean 63 ml and standard deviation 7 ml. Suppose that 41 randomly selected people are observed pouring syrup on their pancakes. Find the probability that the average amount of syrup poured is less than 61 ml.

The formula to calculate the probability of the average amount of syrup poured less than 61 ml is given by:

$Z=\frac{\bar{x}-\mu}{\frac{\sigma}{\sqrt{n}}}$

Here, μ=63, σ=7, n=41 and x=61.

Now, plug in the values in the above equation to get the answer.

$$Z=\frac{\bar{x}-\mu}{\frac{\sigma}{\sqrt{n}}}=\frac{61-63}{\frac{7}{\sqrt{41}}}= -1.476$$

Now, we will use the standard normal distribution table to find the probability. $P(Z < -1.476) = 0.0698$

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The Days' Payables Outstanding (DPO) is a measure that indicates the average number of days it takes a company to pay its suppliers. To calculate DPO using the Cost of Goods Sold (COGS), we'll need the following information:

1. Accounts Payable (AP): In this case, the Accounts Payable is $201,172.
2. COGS: The Cost of Goods Sold is $2,490,229.

The formula to calculate DPO is:

DPO = (Accounts Payable / COGS) x 365

Now let's plug in the numbers:

DPO = ($201,172 / $2,490,229) x 365

The main answer is:

DPO = 29.514

This means that on average, it takes Super Mega Storm, Inc. approximately 29.514 days to pay its suppliers.

To calculate DPO, we divide the Accounts Payable by COGS to find out how much of the COGS is financed by the Accounts Payable. Then, we multiply it by 365 to convert it into days. In this case, the DPO is approximately 29.514 days.

It's important to note that DPO can vary across industries, so it's essential to compare it to industry benchmarks to assess the company's payment efficiency. A higher DPO may indicate a longer payment period, which can improve cash flow but may strain supplier relationships. Conversely, a lower DPO may suggest faster payment but could impact cash flow. Therefore, it's crucial for companies to strike a balance between managing cash flow and maintaining good relationships with suppliers.

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Answer:

B

Explanation:

ONE advantage corporations enjoy over other business forms is B. Corporations have a nearly unlimited life span.

Corporations do not cease to operate if one or some of the owners die. Each stockholder's shares are transferable by inheritance or sale. Corporations enjoy perpetual existence.

Other advantages of corporations over other business forms are:

Unfortunately, corporations are not the easiest to form because of the rigid formalities accompanying their formation and management. Shareholders suffer double taxation because the corporation pays taxes as an entity, and shareholders pay another tax when they receive dividends. The legal regulations are many and time-consuming.

Thus, the unlimited life span of corporations makes them the best form of business since control and ownership of a corporation are not limited to one individual.

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Answer:

1. Dr Ram Account 540

Cr Suspense Account 540

2. Dr Shyam Account 63

Cr Purchase Account 63

3. Dr Suspense Account 200

Cr Sales Account 200

4. Dr Purchase Account 900

Cr Suspense Account 900

5. Dr Returns Inward Account 100

Cr Suspense Account 100

Explanation:

Preparation of the Journal entries to rectify the following errors:

(i) Credit sale to Ram 170 credited to his account as 710.

Dr Ram Account 540

Cr Suspense Account 540

(710-160)

(Being to record the credit sale to Ram 170 credited to his account as 710 now rectified)

(ii) Credit purchase from Shyam 229 recorded as 292.

Dr Shyam Account 63

Cr Purchase Account 63

(292-229)

(Being to record Credit purchase from Shyam 229 recorded as 292 now rectified)

(iii) Sales Book was undercast by 200

Dr Suspense Account 200

Cr Sales Account 200

(Being to record Sales Book undercast by 200 now rectified)

(iv) A credit purchase of goods of 2,100 from Sohan posted as 1,200.

Dr Purchase Account 900

Cr Suspense Account 900

(2,100-1,200)

(Being to record credit purchase of goods of 2,100 from Sohan posted as 1,200 now rectified)

(V) Returns Inward Day Book had been cast 100 short.​

Dr Returns Inward Account 100

Cr Suspense Account 100

(Being to record Returns Inward Day Book that had been cast 100 short now rectified)

1. Ram Account 540 (710 - 170)

       To  Suspense Account 540

2. Shyam Account 63 (292 -229)

         To Purchase Account 63

3. Suspense Account 200

         To  Sales Account 200

4. Purchase Account 900 (2,100 - 1,200)

      To   Suspense Account 900

5. Returns Inward Account 100  

           To Suspense Account 100

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The category of physical infrastructure management that provides resources that are necessary for the internal customer is the Resource Capacity Management

This refers to the definition of the work that is meant to be done by a person and carefully allocating resources necessary to complete the tasks.

Hence, we can see that in physical infrastructure management, there is the allocation of resources that helps one to use the right resources at the right time and proper measure and this is the Resource Capacity Management.

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Answer:

includes both variable and direct fixed costs

Explanation:

Answer:

Explanation:

In using the midpoint method to calculate price elasticity , the average percentage change in the price and quantity are used

formula = percentage change in quantity = (Q2 -Q1/(Q2+Q1)/2)*100

Percentage change in price = ( P2 -P2/(P2-P1)/2)*100

Price changes = $1.5 to $1.3

Quantity changes = 60 to 100

Percentage in price = (1.3-1.5 /(1.5+1.3)/2 )*100

(-0.2/1.4)*100 =-14.29%

Percentage in quantity = (100-60/(100+60)/2)*100

40/80*100 = 50%

Therefore , price elasticity of demand = 50/-14.29 = -3.5

With the elastic interval being less than 1 , it means that it is an inelastic  demand

Answer:

Not alter the tax due on the distributions

Explanation:

Open end investment companies are those companies that trades in mutual funds. Money invested in a company is a determinant of an increase or a decrease in shares bought by shareholders. This means that in an open investment company, new stocks are issued when people invest and also buy back the old stocks when shareholders intend to withdrawn their investment.

Where dividends and capital gains are to be reinvested by the investment company, the choice made by them will not alter the tax due on the distributions but it will still be paid upon subsequently redemption.

Industry and Organization The industry that has been chosen for this analysis is the Automobile industry. The organization that has been selected for this analysis is Tesla. Tesla is an American company that specializes in the manufacturing of electric vehicles, solar panels, energy storage, and related products. Tesla is considered as one of the leading companies in the electric vehicle industry.Porter's Five Forces Porter's Five Forces is a framework that is used for industry analysis and is utilized to identify the competitive intensity of an industry.

The five forces are Supplier Power, Buyer Power, Competitive Rivalry, Threat of Substitution, and Threat of New Entry. The following is the analysis of each force for Tesla.Supplier Power The supplier power is considered to be low for Tesla as the company produces most of its own parts and components. Furthermore, Tesla has partnerships with suppliers that help the company in maintaining a steady supply chain. The opportunity for Tesla is to invest in research and development to find new materials and reduce the cost of manufacturing.Buyer Power The buyer power is moderate for Tesla as the company has a loyal customer base, which has a limited number of choices in the electric vehicle market. The opportunity for Tesla is to expand its product line and cater to a wider customer base.Competitive Rivalry The competitive rivalry in the electric vehicle industry is intense with companies such as BMW, Chevrolet, and Nissan as its competitors. Tesla has a competitive advantage due to its brand image, superior technology, and charging infrastructure. The opportunity for Tesla is to expand its presence in the market and focus on its unique selling points.Threat of Substitution The threat of substitution for Tesla is moderate, as some customers might opt for hybrid vehicles or traditional gasoline vehicles. The opportunity for Tesla is to expand its product line and offer vehicles with different price ranges and models.Threat of New Entry The threat of new entry is low for Tesla as the company has established itself as a leading company in the electric vehicle market.

Furthermore, the company has an extensive charging infrastructure and access to a large pool of talent. The opportunity for Tesla is to expand globally and reach out to untapped markets.Competitive Strategies The four basic competitive strategies are Cost Leadership, Differentiation, Cost Focus, and Differentiation Focus. The following is the analysis of each strategy for Tesla.Cost Leadership The main competitor that fits in this strategy for Tesla is Chevrolet Bolt. Chevrolet Bolt has a lower price point as compared to Tesla, but Tesla has an advantage in terms of range, charging infrastructure, and technology. Tesla should focus on reducing the cost of manufacturing and introducing an entry-level electric vehicle to cater to the mass market. Differentiation The main competitor that fits in this strategy for Tesla is BMW i3. BMW i3 is considered to be a premium electric vehicle that has a unique design and advanced features.

Tesla should focus on developing innovative technologies and expanding its product line to cater to a wider customer base.Cost Focus The main competitor that fits in this strategy for Tesla is Nissan Leaf. Nissan Leaf has a lower price point as compared to Tesla, but Tesla has an advantage in terms of range, charging infrastructure, and technology. Tesla should focus on reducing the cost of manufacturing and introducing an entry-level electric vehicle to cater to the mass market.Differentiation Focus The main competitor that fits in this strategy for Tesla is Porsche Taycan. Porsche Taycan is considered to be a premium electric vehicle that has a unique design and advanced features. Tesla should focus on developing innovative technologies and expanding its product line to cater to a wider customer base.

The strategy that provides the most opportunity for Tesla is Differentiation as it is an established brand that has a loyal customer base. Tesla should focus on introducing new products, expanding its charging infrastructure, and improving its technology. Tesla belongs to the Differentiation area.StatementTesla should focus on differentiation and offer unique products and services that cater to the needs of its customers. Tesla should expand its charging infrastructure and invest in research and development to improve its technology. Tesla should also consider introducing an entry-level electric vehicle to cater to the mass market.

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Deductibles is the term for the amount of money you need to pay towards the expenses begore your insurance will cover the rest.

In an insurance policy, the term deductibles refer to the term in which the amount is paid by the policy holders before the expenses paid by the insurance provider. Deductibles may be described as several types of clauses used by the insurance companies for policy payments.

Deductibles in health insurance is the amount paid before the health company begins to be paying up the claim amount, The types of deductibles in health insurance are Voluntary,Comprehensive, and Cumulative deductibles

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An additional 456 flight attendants need to be hired for the upcoming year to accommodate the increased demand for overseas flights on COLLEGE STU DENT EXPRESS.

Based on the given information, we know that the income elasticity of demand for COLLEGE STU DENT EXPRESS overseas flights is 4. This means that for every 1% increase in income among college students, the demand for overseas flights on this airline will increase by 4%. Additionally, we know that there is a predicted 3.5% increase in incomes for students during the upcoming year.

To estimate the number of additional flight attendants that need to be hired for the upcoming year, we first need to estimate the increase in demand for overseas flights on COLLEGE STU DENT EXPRESS.

Let's start by calculating the percentage increase in demand that is expected due to the predicted increase in incomes:

Percentage increase in demand = Income elasticity of demand * Percentage increase in income
Percentage increase in demand = 4 * 3.5
Percentage increase in demand = 14

This means that we can expect a 14% increase in demand for overseas flights on COLLEGE STU DENT EXPRESS due to the predicted increase in incomes.

Next, we need to calculate the number of passengers that will be flying on COLLEGE STU DENT EXPRESS during the upcoming year:

Number of passengers = Number of passengers last year * (1 + Percentage increase in demand)
Number of passengers = 120,000 * (1 + 0.14)
Number of passengers = 136,800

So we can expect 136,800 passengers to fly on COLLEGE STU DENT EXPRESS during the upcoming year.

Finally, we can estimate the number of additional flight attendants needed by dividing the total number of passengers by the number of passengers per flight attendant:

Number of flight attendants needed = Number of passengers / Passengers per flight attendant
Number of flight attendants needed = 136,800 / 300
Number of flight attendants needed = 456

Therefore, we can estimate that an additional 456 flight attendants need to be hired for the upcoming year to accommodate the increased demand for overseas flights on COLLEGE STU DENT EXPRESS.

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Answer:

Explanation:

In trading account, freight belongs to the debit side. It is a direct expenses on purchases and manufacturing operation

Freight is the cost incurred in transporting an item to its final destination when the terms are FOB shipping point. It is treated as part of the cost of merchandise and recorded in the inventory if the merchandise has not been sold.

Increase  in the cost of freight are recorded on the debit side while decrease are recorded on the credit side.

The value added production can benefit South African economy​ because it helps to improve its product quality and led to increase GDP.

This refers to any process that creates a product into a more valuable product. For instance, if a farmer can turn her products into an advance product and sell it at a higher price, he had achieved a value added production.

By creating or supporting a value-added production facilities is one way communities or societies are reinvesting in their agricultural roots and committing to stronger, local economies.

Hence, the value-added production essentially means those process that creates a product into a more valuable product.

In conclusion, the value added production can benefit South African economy​ because it helps to improve its product quality and led to increase GDP.

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Chayo used the a. avoiding conflict-handling style when he decided to cool off before addressing the conflict with his boss.

Avoiding is a passive approach to conflict resolution, where individuals choose not to address or engage in the conflict. In this case, Chayo decided to take some time to cool off and perhaps gain some perspective before addressing the issue with his boss.

This style can be effective in situations where the conflict is minor and the parties involved need time to process their thoughts and emotions before addressing the issue. However, avoiding can also be detrimental if the conflict is significant and requires immediate attention.

It can lead to unresolved issues and can cause resentment and tension between the parties involved. Overall, avoiding conflict-handling style can be useful in some situations but should be used with caution and mindfulness.

Therefore the correct option is a. avoiding

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The desired before-tax profit and after-tax profit are the same in this scenario.

The break-even units can be calculated by dividing the total fixed expenses by the contribution margin per unit. In this case, the break-even units would be: Break-even units = $35,000 ÷ $40 = 875 units

The break-even sales dollars can be calculated by multiplying the break-even units by the selling price per unit. In this case, the break-even sales dollars would be: Break-even sales dollars = 875 units × $100 = $87,500

The margin of safety in units can be calculated by subtracting the break-even units from the actual units sold. In this case, if 1,000 units were sold, the margin of safety in units would be: Margin of safety in units = 1,000 units - 875 units = 125 units

The margin of safety in sales dollars can be calculated by subtracting the break-even sales dollars from the actual sales dollars. In this case, if $100,000 in sales were made, the margin of safety in sales dollars would be: Margin of safety in sales dollars = $100,000 - $87,500 = $12,500

To achieve a before-tax profit of $40,000, we can use the contribution margin per unit to calculate the number of units needed: Desired profit = (Unit contribution margin x Q) - Fixed expenses $40,000 = ($40 x Q) - $35,000 Q = 1,375 units

To achieve a before-tax profit of $40,000 in sales dollars, we can divide the desired profit by the contribution margin ratio: Desired profit = (Sales x Contribution margin ratio) - Fixed expenses $40,000 = (Sales x 0.4) - $35,000 Sales = $137,500

If we were looking for an after-tax profit of $40,000 and the tax rate is 20%, we would need to adjust the desired profit accordingly: Desired after-tax profit = Desired before-tax profit x (1 - Tax rate) $40,000 = $50,000 x (1 - 0.2) $40,000 = $40,000 Therefore, the desired before-tax profit and after-tax profit are the same in this scenario.

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Answer:

A: An application letter is used to apply for a specific job and includes keywords from the job posting.

Explanation:

The application letter is the letter in which the employee apply for the particular job to the employee for expressing the interest in the position posted by the employer.

Also it is known as cover letter

Therefore according to the given options the first option is appropriate for the application letter

Answer:

A: An application letter is used to apply for a specific job and includes keywords from the job posting. (apex)

Answer: Project B

Explanation:

To find out the project that should be accepted based on the discount rate and the cut-off discounted payback periods, find the present value of the three year cashflows of each project. If it is larger than the initial investment then it should be accepted:

Project A

= 3,000 / (1 + 12%) + 7,000 / (1 + 10%)² + 10,000 / (1 + 12%)³

= $15,376.73

Project A's present value is less than the initial investment of $18,000 so it should not be chosen.

Project B

=  3,000 / (1 + 12%) + 7,000 / (1 + 10%)² + 15,000 / (1 + 12%)³

= $18,935.63

Project B's present value is larger than the initial investment of $18,000 so it should be chosen.

Answer:

19%

Explanation:

The King Code can be explained as the code providing several benchmark standards for companies to meet in their public filings and business practices.

The King Code can be understood as that which provides a number of benchmark standards for companies to meet in their public filings and business practices. Offering an overview of how companies should perform can be beneficial for standardizing industries and making an economy more appealing to foreign investors.

Companies use the King Code to guide their activities and must provide explanations when they choose to deviate from the standards set by the code.

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According to the information, the most likely example of the function of government in this scenario is protection of property (option B).

Protection of property is one of the core functions of government in a market economy. This includes protecting the physical assets of businesses, such as storefronts and merchandise, from theft, damage, and destruction. Governments can do this by providing law enforcement and other security services, as well as by enforcing property rights through legal systems and property registries.

While the provision of public services is also an important function of government in a market economy, such as infrastructure development and provision of essential services like health care and education, this scenario specifically refers to the protection of a private business's assets. Regulation of markets and management of the economy may also be important functions of government, but they are not directly relevant to the maintenance of a single business's physical assets.

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Answer:

Hi!! I hope you are great. Thanks for the pts...

Answer:

agreeableness

Explanation:

I got the right answer on edmentum

Answer:

key terms in purest from a market economy answers the three economic questions by allocating resources and goods through markets where prices are generated. In its purest form, a command economy answers the three economic questions by making allocation decisions centrally by the government.

Answer:

is it (3) for whom to produce.

Explanation:

The cost of a 30-second commercial during the Super Bowl increased linearly from $3.1 million in 2011 to $5 million in 2018.

A linear relationship suggests that the cost increased by a fixed amount each year. To calculate the annual increase, we can find the difference between the costs in 2018 and 2011 and divide it by the number of years in between.

The difference in cost is $5 million - $3.1 million = $1.9 million. The number of years between 2011 and 2018 is 2018 - 2011 = 7 years.

To find the annual increase, we divide the difference by the number of years: $1.9 million / 7 = $271,429.

It's important to note that this calculation assumes a linear trend and may not account for other factors such as changes in viewership, demand, or inflation. Additionally, the actual increase in cost may vary from year to year within the linear trend.

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