Government plays a role in all economic systems.
a
True
b
False
Based on different economic system analyses, it is true that government plays a role in all economic systems.
How does Government play a role?Generally, whether capitalist economic system socialist economic system, the government still plays a role.
For example, in the capitalist economic system, government plays the role of regulatory and complementary responsibilities.
While in a socialist economic system, the government takes more comprehensive roles such as production and distribution.
Hence, in this case, it is concluded that the correct answer is "True."
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What are examples of conflict in the workplace
Answer:
Toxic Workplace
Explanation:
people talk bad about you
How do businesses maintain a formal record of financial transactions?
a) Publish an income statement b) Publish a balance sheet
c) Maintain a general journal
d) Utilize the Matching Principle
Businesses maintain a formal record of financial transactions through publication of income statement and balance sheet.
A formal record of financial transaction entails publication of periodic financial statement to allows users them to understand the financial position of the company.
The process of Bookkeeping with helps to record all financial transactions helps to publish an income statement and balance sheet.
The income statement and balance sheet are the two main financial record which depict the accurate position of the firms position.
Therefore, the Option A and B is correct.
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Pete is thinking of skipping car insurance for the first year while he gets adjusted to car payments. Why is this a bad decision
Skipping insurance is a bad decision based on the fact that he would have to:
Pay for all the expenses when an accident occur. He would be driving illegally.What is insurance?Insurance coverage help to cover costs or expenses in case of unforeseen circumstances thereby saving costs.
Based on the given scenario skipping car insurance coverage will tend to result in him paying for people injury expenses or car crash injury expenses in a situation where he had an accident that resulted in people be injured.
He would as well have to pay for all the repairs costs of his car or vehicle since his car was not insured.
Inconclusion it is a bad decision as he would have to pay all the expenses when an accident occur and he would be driving illegally.
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which characteristic would concern an auditor about the risk of material misstatements arising from fraudulent financial reporting
Based on the information given, the characteristic that would concern the auditor is professional skepticism.
It should be noted that professional skepticism simply means an attitude that includes an questioning mind and the critical assessment of an audit evidence.
Professional skepticism would concern an auditor about the risk of material misstatements arising from fraudulent financial reporting.
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what are some objections that you may hear from a potential employer?
Some objections that you may hear from a potential employer are :
We may not be able to pay you a salary that is comparable to your last job.I'm concerned you will not fit in with our established teams.During an interview phase, employer or interviewer usually pose objections which could deter the person being interviewed.
The objections in an interview process should be an opportunity to :
Iron out any difficulties in an application.Put any concerns to bed.Close the deal.Other commonest objections that you may hear from a potential employer are :
You’ve held a lot of jobs in the past few years, and we’re concerned you might not stick around long.I don't think you have enough experience for the position.I think you may have too much experience for the open position.However, the idea should be to overcome the objections by responding in a way that defuses the validity of the objection.
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what are the three most common reasons firms fail financially?
The common ways through which firms fail financially includes under-capitalization, poor control over cash flow and inadequate expense control.
Majority of firms who failed financially are those firm with outdated financial plan or lack of current trend in the industry.
Why firms fail financially includes:
Under-capitalization which is when the firm does not have sufficient capital to conduct normal business operations and pay the creditors.Poor control over cash flow is when the firm does not have firm control over the cash going in and out of the organization.inadequate expense control is when the firm does not effectively control the amount of expenses incurred for operation.
In conclusion, the common ways through which firms fail financially includes under-capitalization, poor control over cash flow and inadequate expense control.
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What do dymanic link libary files do
A dynamic link library is a collection of small programs that larger programs can load when needed to complete specific tasks. The small program, called a DLL file, contains instructions that help the larger program handle what may not be a core function of the program.
a grocery store in a perfectly competitive market can
Answer:
A grocery store in a perfectly competitive market can. reduce its advertising budget more than its competitors. differentiate its product with respect to other firms. ignore profit-maximizing strategies. freely enter or exit the market.
A multidomestic company identifies a risk that regulations in some national markets will likely change over time. Such changes could impact product design and distribution in each market and have varying impacts on the company's financial success. What technique would best address the possible impacts of this risk when formulating strategic plans?
The technique that would best address the possible impacts of this risk when formulating strategic plans is: Scenario planning.
Scenario planning refers to the methods that are used in ascertaining future conditions to determine how an organization will respond to future changes.
In the case of the multi-domestic company above, an assessment is made of the future changes that might result due to the changes in regulations over a period of time.
Thus, they engage in scenario planning.
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PLEASE HELP ASAP!!!! (><) IT’S TIMED!!!
Gidgits Galore's payment plan under Chapter 11 was rejected by its committee of creditors, and the court
agreed and dismissed its petition. Gidgits Galore now seeks to file a petition in Chapter 7 to liquidate. The bank loaned Gidgits Galore $10,000 and secured the loan with a lien on 1,000 gidgits but did not file a financing statement. The bank is an unsecured creditor.
True
False
———————-———————————
Choose the term that best matches the description given.
To sell the assets of a business, pay the bills and divide the remainder among stakeholders
1. Default
2. Liquidation
3. Collateral
4. Reorganization
——————————————————
Choose the term that best matches the description given.
Equipment, property or funds owned by a business
1. Assets
2. Collateral
3. Lien
4. Trustee
——————————————————
Gidgits Galore's payment plan under Chapter 11 was rejected by its committee of creditors, and the court
agreed and dismissed its petition. Gidgits Galore now seeks to file a petition in Chapter 7 to liquidate. The bank loaned Gidgits Galore $10,000 and secured the loan with a lien on 1,000 gidgits but did not file a financing statement. The bank is an unsecured creditor.
True
False
Choose the term that best matches the description given.
To sell the assets of a business, pay the bills and divide the remainder among stakeholders
1. Default
2. Liquidation
3. Collateral
4. Reorganization
Choose the term that best matches the description given.
Equipment, property or funds owned by a business
1. Assets
2. Collateral
3. Lien
4. Trustee
The answers to the questions have been given below
1. It is true that the bank is an unsecured creditor.
2. Liquidation is to sell the assets and share the proceeds among stakeholders.
3. Collateral is the Equipment, property or funds owned by a business.
What does it mean to be liquidated?This refers to the fact that the business is about to go on a shutdown. The assets that the business owns would then have to be shared among all the people that have stakes in it.
Collateral is the property that is used to get a loan. It refers to what the business would give in exchange for the funds that they are to loan.
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When countries specialize in the production of goods they have the comparative advantage in, both ___________ and ___________________ will increase
Based on the question above, demand and supply will increase.
Demanddemand is the quantity of a good that consumers are willing and able to buy at various prices during a given period of time.Supply supply is the amount of a resource that firms, manufacturers, labourers, providers of financial assets, or other economic agents are willing and able to provide to the marketplace or to an individual.Therefore, the correct answers are demand and supply.
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Hannah, age 65, is retiring today. Hannah would like $100,000 per year in retirement income. If the invested assets to gross pay benchmark is 16:1, how much should Hannah have saved for retirement according to the invested assets to gross pay benchmark
Based on the information given, the amount that Hannah will have saved for retirement will be $1,600,000.
From the information given, it was stated that Hannah would like $100,000 per year in retirement income and that the invested assets to gross pay benchmark is 16:1.
Therefore, the amount that'll have been saved will be:
= 16/1 × $100,000
= $1,600,000
In conclusion, the correct option is $1,600,000.
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when accounting profits are negative, economic profits
Answer:
will be negative is the answer to this question
Explanation:
Accounting profits take into account only implicit costs while economic profit takes both implicit as well as explicit costs and if accounting profits are negative with only implicit costs, economic profit will be more negative as more amount of costs are subtracted from it.
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What ratio determines whether a borrower will manage monthly debt payments?
Answer:SI
Explanation:Pabloooo
The rate at which a business increases revenue from sales is
Answer:
There are only four ways to increase revenue in your business: increase the number of consumers, increase the average transaction size, increase the frequency of transactions per client, and raise your rates.
Explanation:
a whopping 432,000 square feet in size, which of these fields is larger than the other three combined?
The field that is larger than the other three fields combined is the polo field.
On average, one polo field measures 275 meters by 146 meters, which is equal to 40,154 squared meters or approximately 432,000 square feet.
This is a very big area if compared with the areas required to play different sports. Here are some of the areas:
Soccer field: The area of a soccer field is approximately 7,140 squared meters or 76854 squared feet.Baseball field: The area of a baseball field is 14,864 squared meters or 159994 squared feet.Football field: The area of a football field is 5351 squared meters or 57600 squared feet.Indeed, if you add the three areas (76854 + 159994 + 57600) the total area is 294,448 is still smaller than the area of a polo field.
Note: This question is incomplete because the options are missing; here is the missing part:
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What is stopping to reflect on and judge your goal progress called?
The stopping to reflect on and judge your goal progress is called Re-evaluation.
What is a Goal?A goal is to refer to an objective or dream that an individual desires to achive in his life. This is referring to a target based on an individual's desire which is accomplished by them in the desired time period.
The process of re-evaluation emphasizes determining or analyzing all the aspects of an individual's personality or business again by following different methods in order to achieve the desired result.
In order to assure a more likely outcome, it is crucial to do the experiment more than once which helps to better evaluation. Otherwise, there is a risk that the results could be incorrect.
This re-evaluation helps to seek progress in the work and brings improvement based on the results to achieve the desired Output.
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When looking for pre-approval on a car loan you should NOT...
When looking for pre-approval on a car loan you should NOT get a loan from the car dealer directly to keep things simple.
Pre-approval occur when the lender has check or go through all the report of your credit so as to know the amount he or she will likely lend you as well as the interest rate.
Pre-approval tend to give the borrower the assurance that he or she will be given the car loan by the lender.
It is important that you compare the pre-approval offers given to you so as to choose or select the offer that is best for you and you should avoid getting the car loan directly from the car dealer, ensure that you follow the due process.
Inconclusion when looking for pre-approval on a car loan you should NOT get a loan from the car dealer directly to keep things simple.
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Consider today’s stock listing for Enam Telecom, shown below. 52 wk High 52 wk Low Symbol Div. Close Net Change 122. 86 64. 77 ENM 3. 45 99. 14 4. 74 If the lowest price in the past year occurred 48 days ago, find the approximate average change per day since then. A. $4. 74 b. $0. 72 c. $0. 49 d. $1. 34.
The approximate average change per day since the past year is $ 0.72.
As per the stock listing the given information in the context is:
52 wk high = 122.86 52 wk low = 64.77 ENM Div. = 3.45 Close = 99.14 Net change = 4.74
It has been given in the context that the lowest price that occurred 48 days ago is 64.77 ENM
Closing Price = 99.14
[tex]\begin{aligned}\text{Net Change in Value} &= \text{Closing Price}-52 \rm wk \:\rm low\\ \text{Net Change in Value} &= 99.14 - 64.77 \:\rm ENM\\ \text{Net Change in Value }& = 34.37 \end{aligned}[/tex]
Now, compute the average change per day:
[tex]\begin{aligned}\text{Average Change per Day} &= \dfrac{\text{Total Change }}{\text{Number of Days}}\\\text{Average Change per Day}& = \dfrac{34.37}{48} = 0.716 \\\text{Average Change per Day }& = 0.72\end{aligned}[/tex]
Therefore, the correct option is b.
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margaret puts money into her savings account each month. in this example money is functioning as a
Answer: a store of value
In case where Margaret deposits money into her savings account monthly, the money functions acts as a store of value.
What are the characteristics of money?Money is a legally sanctioned document of the government and serves as a medium of exchange. It is generally acceptable mode of payment and is legal tender.
One of the main features of money is the storage and stability of its own value. This implies that money is something which is easily accessible and can be retrieved on demand.
In the above example, Margaret puts her money into the savings account, where she can easily use, store and retrieve the amount of money as per her will and requirement. So, money acts as a store of value.
Hence, it may be stated that when someone deposits money into the savings account, such money being deposited acts as a store of value.
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a nation can increase its production possibilities by
Answer:
Improvement in labor productivity, increase in resources, and technological advancements
Explanation:
In Roger Arnold's text entitled, "Macroeconomics" (2019), a nation can increase its production possibilities and achieve economic growth through an improvement in labor productivity, an increase in its resources, and technological advancements.
A nation is said to be productive efficient if it can produce the maximum amount of goods with its existing resources and technology. Hence, it is essential for a nation to take advantage of the productive capabilities of its workforce with specialized trade, which could also increase the production of consumer goods and trading of specialized services.
An increase in resources enables a nation to produce greater quantities of military and civilian outputs. Technological advancements also allow a nation to increase its productive capabilities, thereby enabling them to produce goods with a fixed amount of resources, or produce the same amount of output with lesser resources used.
nonoperating items that increase net income, such as gains on the sale of fixed assets, must be added in calculating operating cash flows.
There are gains on sale of fixed asset which are known to enter on income statement. Nonoperating items that increase net income must be added in calculating operating cash flows is a false statement
A gain on the sale of fixed assets is usually seen in the statement of profit and loss as non-operating income.A Non-operating assets are simply described as a kind of assets that does not look into to be part of a company's core operations.
A company's non-operating assets can be said to be unused land, leftover and unused equipment, investment securities, etc.
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A Smart sets up a new business. Before he actually sells anything, he has bought motor vehicle for $2500, premises for $4500, stock of goods for $1000. He did not pay full for his stock of goods and still owes $600 in respect to them. He borrowed $2800 from J Devan. After the events described and before trading starts, he had $150 cash in hand and $650 cash at bank. You are required to Calculate the Capital. Show all working.
The capital for A Smart is $5,400
Capital is computed as :
Capital = Asset - Liabilities
First, we need to determine the Asset.
Asset = Motor vehicle + Premises + stock + cash in and + cash at bank
Asset = $2,500 + $4,500 + $1,000 + $150 + $650
Asset = $8,800
Also, we will determine the liabilities
Liabilities = Money owed + Loan
Liabilities = $600 + $2,800
Liabilities = $3,400
Recall that:
Capital = Assets - Liabilities
Capital = $8,800 - $3,400
Capital = $5,400
Therefore, the capital for A Smart is $5,400
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Culver City College, a public college, has a 10-week summer session that starts on June 25, 2020, so that one week is held during FY 2020 and the other nine weeks meet during FY 2021. Tuition and fees in the amount of $1,000,000 were collected from students for classes to be conducted in this session.
Required:
What amount should Culver City College recognize as unrestricted revenue in each of the years ended (FYE) June 30, 2020 and June 30, 2021?
Based on the information given, the amount that will be recognized as unrestricted revenue in each of the years will be $100,000 and $900,000.
Unrestricted revenue simply means the donations that can be used by a company or group for purposes that meet the goals that were set aside.
From the information, the unrestricted revenue in June 30, 2020 will be:
= 10% × $1,000,000
= $100,000
The unrestricted revenue for June 30, 2021 will be:
= $1,000,000 - $100,000
= $900,000
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Bill wants to prepare his own taxes but wants a bit more guidance. He wants to file taxes without having to spend much money. What is his BEST option for filing taxes?
A. Prepare his taxes on her own.
B. Prepare his taxes with using an electronic tax program.
C. Hire someone to prepare his taxes.
Answer: B. Prepare his taxes with using an electronic tax program.
Explanation: had this question and got it correct!
You have been invited to give a speech at a local restaurant. The person who is hosting the event has asked you to speak for 15 minutes on a topic of your choice. Walk though the process of deciding what to talk about and discuss the reasons and methods you would use to make an effective choice.
Give me some hint please
Answer:
talk about the recipes
Explanation:
How to solve problems in group work
Answer: Solve problems as a group by working together and problem solving, as well as listening to all ideas.
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just classify the task between groups and task will be easy to doA random sample of respondents would be distributed randomly, half to the experimental group and half to the control group. A pretest questionnaire would be administered to the respondents in both groups to obtain a measurement on attitudes toward Pepsi advertising, brand, and celebrity; only the respondents in the experimental group would be exposed to the TV program containing the Pepsi commercial. Then, a questionnaire would be administered to respondents in both groups to obtain posttest measures on attitudes toward Pepsi advertising, brand, and celebrity. Which of the following experimental design best represents the above scenario?
a. one-shot case study
b. one-group pretest-posttest design
c. after-only with control group design
d. before and after with control group design
e. interrupted time-series design
The experimental design which best represents the above random survey is: B. one-group pretest-posttest design.
An experimental design can be defined as a research method (concept) in which a controlled experimental factor is objectively and efficiently subjected to a special treatment (intervention), in order to compare it with a factor (controlled variable) that is kept constant. Thus, it is used to maximize precision in an experiment and to reach a specific conclusion on a hypothesis statement.
Basically, there are three (3) main types of experimental design and these include:
1. Quasi-experimental research design
2. True experimental research design
3. Pre-experimental research design
Under the pre-experimental research design, we have three (3) forms of experimental design and these are:
One-shot case study research designStatic-group comparisonOne-group pretest-posttest designOne-group pretest-posttest research design is mostly used by behavioral researchers to determine the effect of a special treatment (intervention) on a given sample of participants, especially by first utilizing a single group of participants (one-group design) before the treatment is implemented and once after the treatment is implemented.
In conclusion, a one-group pretest-posttest research design is the experimental design which best represents the above random survey.
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