For questions 3-5, choose the letter of the diagram in figure 2.1 that best describes the type of shift that would occur in each situation for the US smart phone market, ceteris paribus. Figure 2.1 The price of computer chips increase, which causes a significant increase in the cost of smart phones. a
b
C
d
Answers
The increase in the income of every consumer shifts the demand curve to the right thus creating a shortage at the initial price. The correct Answer is option D.
Had there been a change in the price we move along the Demand curve. The demand curve is shifted when there is a change in preference, income or other determinants that are responsible for shifting the demand curve.
A demand curve is a graph in economics that depicts the relationship between the price of a commodity (the y-axis) and the amount of that product that is wanted at that price (the x-axis). Demand curves can be used to model the price-quantity connection for a single customer (an individual demand curve) or for all consumers in a given market (a market demand curve) (a market demand curve).
Learn more about demand curve
https://brainly.com/question/30550686
#SPJ4
Full Question: For questions 3-5, choose the letter of the diagram in figure 2.1 that best describes the type of shift that would occur in each situation for the US smart phone market, ceteris paribus. Figure 2.1
The price of computer chips increase, which causes a significant increase in the cost of smart phones.
a
b
C
d
Image Attached
Related Questions
an entry to write-off an uncollectible account does not change the net realizable value of accounts receivable.
Answers
Writing off an uncollectible account does not affect the net realizable value of accounts receivable when employing the allowance approach. In accordance with widely accepted accounting rules, the direct write-off technique is used.
What does the direct write-off technique for uncollectible accounts entail?The straight write-off method is an accounting approach for recording bad debt. When employing this strategy, businesses wait until it has been determined that a debt is uncollectible before marking it as such in their records. The amount that is uncollectible is deducted from a bad debt account, and the equivalent amount is added to accounts receivable.
After write-off, what is the accounts receivable's cash realizable value?The amount of cash left over after deducting the uncollectible amount from an account receivable is known as the cash realizable value. The balance of accounts receivable and the provision for doubtful accounts on a company's balance sheet are combined to get this net sum.
To know more about uncollectible visit:-
https://brainly.com/question/21043673
#SPJ1
Sloan Inc. recently invested in a project with a 3-year life span. The net present value was $9,000 and annual cash inflows were $21,000 for year 1; $24,000 for year 2; and $27,000 for year 3.
The initial investment for the project, assuming a 15% required rate of return, was _____.
Net Present Value
Answers
Answer:
Explanation:
To calculate the initial investment, we can use the formula for net present value (NPV) as follows:
NPV = present value of cash inflows - present value of initial investment
Given that NPV = $9,000 and the annual cash inflows for each of the three years, we can calculate the present value of cash inflows as follows:
PV of year 1 cash inflow = $21,000 / (1 + 0.15)^1 = $18,260.87
PV of year 2 cash inflow = $24,000 / (1 + 0.15)^2 = $18,137.32
PV of year 3 cash inflow = $27,000 / (1 + 0.15)^3 = $18,008.69
Therefore, the total present value of cash inflows is:
PV of cash inflows = $18,260.87 + $18,137.32 + $18,008.69 = $54,406.88
Now, we can rearrange the NPV formula to solve for the initial investment:
NPV + PV of initial investment = PV of cash inflows
Substituting the given values, we get:
$9,000 + PV of initial investment = $54,406.88
PV of initial investment = $54,406.88 - $9,000
PV of initial investment = $45,406.88
Finally, we can calculate the initial investment by finding the present value of $45,406.88 for 3 years at a 15% required rate of return:
Initial investment = $45,406.88 / (1 + 0.15)^3
Initial investment ≈ $29,508.88
Therefore, the initial investment for the project was approximately $29,508.88.
Sergio and Isabella are currently working full-time jobs. They are about to have their first child and are trying to decide if they are both going to keep working. What disadvantage will likely face if they choose a dual income option?
You Answered
They will have a lower amount of dispensable income.
They will have a greater amount of financial income.
Correct Answer
They will have a higher amount of childcare expenses.
They will have more time to spend with their new baby.
CORRECT: They will have a higher amount of childcare expenses. (please remove incorrect answers.)
Answers
Answer: they will have a higher income
Explanation:
i took the test
Itzair has completed the balance sheet for his business. What is one question the balance sheet answers about the business?
COA.
"How much debt does my business have?"
OB. "Who do I owe for my cost of goods sold?"
OC. "What percentage of sales tax is required?"
COD. "Did I meet my end-of-year profit goals?"
)
Answers
The question that balance sheet answers about the business is "How much of debt does my business have?".
What is a balance sheet?A balance sheet is financial statement that reports company's assets, liabilities, and equity at a specific point in time. It provides a snapshot of a company's financial position and helps investors and stakeholders understand the company's financial health. The assets section of the balance sheet includes items such as cash, investments, inventory, and property. The liabilities section includes items such as loans, accounts payable, and taxes owed. The equity section includes items such as retained earnings and stockholders' equity. The balance sheet is important because it provides insights into a company's financial stability, liquidity, and ability to meet its obligations. It is commonly used by investors, analysts, and creditors to evaluate a company's financial health and make informed decisions.
To learn more about balance sheet, visit:
https://brainly.com/question/30158228
#SPJ1
wal-mart, mcdonald's and alamo are all examples of companies following which of porter's competitive strategies?
Answers
Walmart, McDonald's and Alamo are all examples of companies that follow the cost leadership strategy. This is one of Michael Porter's competitive strategies that businesses can use to gain an edge in their industry. This strategy is focused on offering products or services at a lower cost than competitors without sacrificing quality.
The cost leadership strategy is all about achieving economies of scale and cost efficiency. By keeping costs low, companies can offer their products or services at a lower price point than their competitors. This can be achieved in several ways, such as by implementing efficient production processes, sourcing low-cost raw materials, and utilizing technology to reduce labor costs. In addition, companies using this strategy often have a standardized and streamlined product or service, which can be produced in large quantities to reduce costs even further.McDonald's, for example, is known for its low-cost meals that are quick and easy to produce. Walmart, on the other hand, is known for its low prices on a wide range of products. Alamo, a car rental company, offers lower prices than many of its competitors by maintaining a streamlined fleet of cars and focusing on its core business.In conclusion, Walmart, McDonald's and Alamo are all examples of companies following the cost leadership strategy, which involves offering products or services at a lower cost than competitors without sacrificing quality. This is one of Michael Porter's competitive strategies that can help businesses gain an edge in their industry.
for more such question on economies
https://brainly.com/question/28244992
#SPJ11
the multiplier effect on real gdp from a change in expenditures and its size is determined by the multiplier
Answers
The multiplier effect on real GDP from a change in expenditures refers to how much the final GDP will increase or decrease. The size of the multiplier can be determined by the multiplier formula, which is based on the concept of the marginal propensity to consume (MPC).
In other words, it is a measure of how sensitive the economy is to changes in spending. It is a measure of the impact of spending changes on the GDP multiplier. The multiplier effect is the total increase in the GDP resulting from an initial increase in spending. The multiplier effect occurs because every dollar spent is income to someone else. This income can be used to buy more goods and services, creating additional income for others.
This process continues, leading to a larger increase in GDP than the initial increase in spending. The size of the multiplier depends on the MPC. The MPC is the fraction of additional income that is spent on consumption. The larger the MPC, the larger the multiplier. For example, if the MPC is 0.8, a $100 increase in spending will result in a $500 increase in GDP (multiplier of 5). This means that for every $1 increase in spending, the GDP will increase by $5.
The multiplier effect can be positive or negative, depending on whether the economy is in a recession or an expansion. During a recession, a fiscal stimulus package can increase spending and boost the economy. The multiplier effect is positive, meaning that the initial increase in spending results in a larger increase in GDP. However, during an expansion, a fiscal contraction can decrease spending and slow down the economy. The multiplier effect is negative, meaning that the initial decrease in spending results in a larger decrease in GDP.
Know more about Multiplier effect here:
https://brainly.com/question/490794
#SPJ11
A manufacturing company is considering two alternative locations for a new facility. The fixed and
variable costs for the two locations are found in the table below. For which volume of business wo
the two locations be equally attractive? If the company plans on producing 50,000 units, which loc
would be more attractive? {7}
Fixed Costs
Variable Costs ($ per unit)
Glen Rose
$1,000,000
25
Mesquite
$1,500,000
23
Answers
Answer:1,000,025
Explanation:if you add all it up you get 1,000,025
in total internal reflection the critical angle theta subscript c measures the angle at which total reflection starts occurring.
Answers
That is accurate, yes. Total internal reflection, in which all light is reflected back into the medium rather than refracted out, occurs at the critical angle (c), which is the angle of incidence. When the incidence angle is greater than the critical angle, something occurs.
What is the total internal reflection's critical angle?As a light ray from a medium with a higher index of refraction approaches a medium with a lower index of refraction, total internal reflection typically occurs at the boundary between the two transparent media.
In a complete internal reflection, what is c?The crucial tack The incidence angle at which the angle of refraction is 90 degrees is denoted by the symbol c. 90 ° . When the incident angle exceeds the critical angle, total internal reflection occurs.
To know more about medium visit:-
https://brainly.com/question/15540890
#SPJ1
On December 31 , after making a concerted effort, management determines that it will not be able to collect the $1200
Answers
Answer:
Explanation:
$21,000 (maye)
Questions about a new product such as what features customers like are revealed during the _______ _______ stage of the product development process.
Answers
The test marketing phase of the product development process provides answers to questions regarding a new product, such as which characteristics buyers prefer.
Prior to a wider release, a product or marketing campaign is made restrictedly available to test markets to gauge consumer response. It is imperative to keep in mind that users of the product or marketing campaign could unwittingly be a test group. Test marketing is used to find out more about a new product's marketability. The corporation can determine whether a product will be lucrative on a greater scale by tracking its performance on a smaller scale.
To learn more about test marketing refer here:
https://brainly.com/question/29559596
#SPJ1
FILL IN THE BLANK.To find the total bond value, add the present value of the amount paid at maturity to the _____ of the annual coupon payments.
Answers
Add the current value of the sum that is due at maturity with the annuity current value of the coupon payments payments to determine the bond's total value.
Now what you mean by present value of an annuity?With a specific rate of return, or concession rate, the expected cash of an annuity is indeed the current worth of the prepayments from an annuity. The current value of a annuity decreases as the concession rate increases. In annuity contracts, the words current value and potential value are frequently employed. An annuity's future value refers to the total which will be attained over time, as opposed to its present value, which is the amount that must be spent now to ensure a desired future payment.
To know more about current value visit:
https://brainly.com/question/23554766
#SPJ1
FILL IN THE BLANK. ____Refers to segmenting markets by region of a country or the world, market size, market density, or climate. A) Geographic segmentation B) Benefit segmentation C) Demographic segmentation D) Usage-rate segmentation
Answers
Geographic segmentation Refers to segmenting markets by region of a country or the world, market size, market density, or climate. Option A).
Geographic segmentation is a component that effectively complements a marketing strategy by targeting items or services based on where their buyers live. The division of nations, states, regions, cities, colleges, or areas is done to better understand the audience and promote a product/service to them.
What is a geographical description example?The Arctic Ocean, for example, is completely covered in snow and ice. In the winter, practically the whole Arctic Ocean is covered with sea ice. The quantity of sea ice melts in the summer. In the winter, for example, the sea ice extent is 14 million square kilometers.
Learn more about Geographic segmentation
https://brainly.com/question/29306227
#SPJ4
Implementation of an ERP system requires effective segregation of responsibility for
A) recording, risk assessment, and control procedures.
B) authorization, monitoring, and risk assessment.
C) recording and monitoring of organizational assets.
D) authorization, recording, and custody of organizational assets.
Answers
The successful implementation of an ERP system necessitates the segregation of responsibility for authorization, recording, and custody of organizational assets, among other things.ERP system implementation is a complex process that necessitates a high degree of coordination and responsibility. option D is correct answer
To ensure effective segregation of responsibilities, there are several procedures that must be followed. First and foremost, the organization must conduct an assessment of existing internal controls to determine areas where there is a risk of fraud or error. The second stage is to establish policies and procedures to ensure that the segregation of responsibilities is enforced consistently. Finally, the organization must train its personnel to ensure that they are aware of their respective roles and responsibilities.An ERP system's successful implementation is heavily reliant on effective segregation of responsibility for authorization, recording, and custody of organizational assets. It entails more than just the segregation of responsibilities. Effective control mechanisms, policies, and procedures must be established to ensure that the segregation of responsibilities is enforced consistently. Training personnel on their respective roles and responsibilities is also critical. This will improve communication and coordination and reduce the risk of fraud and error.The segregation of responsibilities helps to protect organizational assets from theft or misuse. For instance, the person in charge of custody should not be the same person in charge of recording or authorizing transactions. The segregation of responsibilities aids in the detection of errors or fraud by establishing an independent review process. When different individuals are responsible for different aspects of a transaction, it becomes more difficult for someone to conceal their misconduct.for more such question on communication
https://brainly.com/question/28153246
#SPJ11
In the context of business product categories, the marketing of business services_
O focuses on quality and relationships
O emphasizes productivity
O focuses on providing emergency products
O emphasizes standardization
Answers
The marketing of business services typically focuses on quality and relationships.
Needed explanation:
Unlike physical products, services are intangible and are often provided directly by people, so the quality of the service and the relationship between the provider and the customer are key factors in determining the success of the business. Emphasizing productivity or standardization may be important for efficiency, but these factors are typically not the primary focus of marketing business services. Providing emergency products may be important in certain industries, but it is not a defining characteristic of the marketing of business services in general.
FILL IN THE BLANK. Specifying a clear objective for an advertising campaign help in selecting ________ and ________ the campaign.
Answers
In the following question, in the missing blank, Specifying a clear objective for an advertising campaign helps in selecting "media" and "evaluating" the campaign.
Advertising is a marketing communication that promotes or sells a product, service, or idea. It can be done through various media, including television, radio, print, outdoor, and online. The objective of advertising is to influence consumers to buy or use the product, service, or idea being promoted.
Specifying a clear objective for an advertising campaign helps in selecting media and evaluating the campaign. It enables advertisers to determine what message they want to convey to consumers and what action they want them to take. This, in turn, helps them to choose the most appropriate media for their campaign, depending on their target audience, budget, and other factors.
The objective of an advertising campaign could be to increase brand awareness, generate leads, drive traffic to a website, or increase sales. Whatever the objective, it should be specific, measurable, achievable, relevant, and time-bound (SMART). This will help advertisers to determine if their campaign was successful and if it achieved the desired results.
In the missing blank, Specifying a clear objective for an advertising campaign helps in selecting "media" and "evaluating" the campaign.
For more such questions on campaign
https://brainly.com/question/30090780
#SPJ11
1. Describe the main sources of law (10 Marks).
2. Explain five essentials of a valid contract (10 Marks).
3. Describe the main purpose of employment law (10 Marks).
Answers
1. Constitutions, legislation, regulations, and cases are the primary sources of law.
2. Offer, acceptance, awareness, consideration, and capacity are the five essentials of a valid contract.
3. Employment law was created to provide guidelines and regulations for both employers and workers, and to provide protection and structure for both.
What are the 5 main sources of law in the US?In the United States, the basic sources of law are the United States Constitution, state constitutions, federal and state legislation, common law, case law, and administrative law.
An enforceable contract has five elements: offer, acceptance, awareness, consideration, and capacity.
The relationship between employers and employees is monitored by employment law. It defines what employers can expect from workers, what employers can require employees to perform, and the rights of employees at work.
Learn more about employment law
https://brainly.com/question/30333016
#SPJ1
If Beth purchases shares of stock in bayzer, a pharmaceutical company would it be considered a saving or an investment
Answers
Answer:
investment
savings is if you keep money in a bank or in a jar
investment means the money is not hers anymore, but she got something in return and if the stock goes up she can collect even more money back
write a 250-500 word formal letter to persuade someone famous come speak to our class
Answers
Answer:
Dear [Famous Person],
I hope this letter finds you well. My name is [Your Name], and I am a [grade/level] student at [School Name]. I am writing to you today to extend an invitation to come speak to our class.
As a [subject or class name] teacher, I am always looking for ways to enrich my students' learning experiences. I believe that your expertise and experience in [related field or topic] would be incredibly valuable to my students. Not only would it be an amazing opportunity for them to learn from someone who has accomplished so much in their field, but it would also inspire and motivate them to pursue their own passions and dreams.
I understand that you must receive countless invitations and requests, and I do not take your time lightly. However, I believe that speaking to our class would be a mutually beneficial experience. My students are eager to learn from someone who has made such a significant impact in the [related field or industry], and I am confident that they would be engaged and attentive throughout your presentation.
If you are able to accept my invitation, I would be honored to arrange the logistics and details of your visit. I am happy to work with you to determine the best date and time that fits your schedule, as well as any specific requirements or preferences you may have for your presentation.
Thank you for your consideration. I look forward to hearing from you soon.
Sincerely,
[Your Name]
Explanation:
how do you access custom fields in qbo
Answers
Answer:
Explanation:
To access custom fields in QuickBooks Online (QBO), you can follow these steps:
Log in to your QBO account and navigate to the Sales or Expense Transactions tab, depending on where the custom field is located.
Click on the transaction you want to view, and scroll down to the bottom of the page.
You will see the custom field(s) listed under the "Custom Fields" section. Click on the field name to view or edit the information.
To add a custom field, go to the Gear icon > Custom Form Styles > Edit > Content > Fields > Custom Fields.
Click on "New Custom Field" to create a new custom field.
Enter the name of the field and choose the type of field (e.g. text, checkbox, date).
Click "Save" to add the custom field to your QBO account.
Once you have added custom fields, they will be available for you to use on transactions in QBO. You can use these fields to track additional information that is not included in the standard QBO fields.
the first law regarding civil rights was the civil rights act. true or false
Answers
False, The 1954 High Court ruling Brown v. Board of Education, that reversed racial integration schools all over the country, was the first significant event of the contemporary civil rights movement.
The very first civil rights laws were passed when?In the period following the Civil War, the Senate passed first ever civil rights legislation. The District of Columbia's Compensated Emancipation Act, introduced by Massachusetts senator Henry Wilson, was approved by the Senate on April 3, 1862.
A United States federal statute known as the Civil Rights Act of 1960 (Pub. L. 86-449, 74 Stat. 89, passed May 6, 1960) established federal inspections of local voting registration polls and imposed fines for those who interfered with someone's efforts to register to vote.
To know more about Civil Rights Act visit:
https://brainly.com/question/12447824
#SPJ1
The below EQRV screen was captured before the markets opened on April 29 2019. According to the information shown, is Goldman Sachs trading rich or cheap on a blended forward P/E basis, relative to it’s historical average?
Answers
The Forward P/E ratio for Goldman Sachs at the moment is 9.14. The average Forward P/E for its sector is 11.49, indicating Goldman Sachs is selling at a discount to the sector as a whole.
Is Goldman Sachs trading rich or cheap on a blended forward P/E basis, relative to it’s historical average?
Goldman Sachs (GS) finished at $347.70 in the most recent trading session, moving up +0.43% from the day before. This shift was slower than the S&P 500's daily increase of 0.75%. The Nasdaq, a heavily weighted tech index, increased by 10.36% while the Dow increased by 0.4%.
Shares of the investment bank had dropped 4.6% over the previous month before to today's trade. This was less than the S&P 500's loss of 5.98% and trailed the Financial sector's loss of 3.71%.
As it gets closer to releasing its next earnings report, Goldman Sachs will try to project strength. Analysts anticipate Goldman Sachs will announce earnings of $6.73 per share in that report. This would represent a decrease of 37.74% over the prior year.
Learn more about Goldman Sachs trading:
https://brainly.com/question/30794328
#SPJ1
FILL IN THE BLANK Fill in the blank: As a small business, creating videos to showcase your business or product requires only ______
Answers
As a small business, creating videos to showcase your business or product requires only a smartphone. With today's technology, smartphones have high-quality cameras and editing software that can produce professional-looking videos.
Small business owners can shoot videos of their products, their team at work, or even behind-the-scenes footage to give their customers an inside look into their company. The rise of social media platforms also provides small businesses with free platforms to share their videos and reach new audiences.
Video marketing is becoming an essential tool for small businesses to build brand awareness and engage with their customers. By using a smartphone to create videos, small businesses can save money on expensive equipment and production costs while still creating high-quality content.
To learn more about smartphones
https://brainly.com/question/14774245
#SPJ4
An individual walks into your branch and wishes to open an account. In this account, the individual wishes to trade options and indicates that she would like to be approved for the sale of uncovered puts and calls. Industry regulations dictate that this customer must receive an Options Disclosure Document in what time frame?
[A] The ODD must be provided when the margin agreement is provided and signed.
[B] The ODD must be provided no later than when the confirmation of the first transaction in the account is delivered to the client.
[C] The ODD must be provided to the new client no later than the third business day following their first transaction.
[D] The ODD must be provided to the new client before the client is approved for options trading.
Answers
The Options Disclosure Document (ODD) is required to provide potential investors with information on the risks associated with options trading. The correct option among the given alternatives is D.
Industry regulations dictate that the ODD must be provided to the new client before the client is approved for options trading. The ODD is required to be provided to customers who wish to engage in options trading, especially when the customer wishes to trade options like uncovered puts and calls. It is important to note that the ODD must be provided to the customer before approving them for options trading. There are several provisions in the ODD that every individual should read before trading options. They include a summary of the risks involved, the exchange rules governing options trading, an explanation of margin requirements, and the tax consequences of options trading.
These provisions ensure that the individual is well informed before engaging in options trading. Conclusively, the ODD is required to be provided to the individual before the client is approved for options trading. This requirement is important because it ensures that potential investors are aware of the risks involved in options trading. The correct option among the given alternatives is D.
For more questions on Options Disclosure Document
https://brainly.com/question/17257519
#SPJ11
differences in income between variable costing and absorption costing is due to multiple choice question. timing reporting expenses sales
Answers
The unequal reporting of expenses is mostly to blame for the disparity in income between the two approaches.
What are the distinctions between absorption costing and variable costing?Absorption costing is the process of allocating fixed overhead costs to each unit produced over the course of an accounting period. Variable costing includes all of the variable direct costs related to COGS, but excludes direct, fixed overhead costs.
What distinguishes variable costing from full absorption costing, which differ in how they are handled?What distinguishes variable costing from full absorption costing. Fixed production costs are included in the price of the product under full absorption costing. With variable costing, fixed production overhead is incurred.
To know more about income visit:-
https://brainly.com/question/14732695
#SPJ1
ASAP ASAP!!! ASAP ASAP!!!!
Businessman and businesswomen differences!!
Answers
Answer:
Businessmen and businesswomen have some similarities and differences. Similarities: - Both entrepreneurs must develop a business plan, manage resources, and strategic plan to achieve objectives. - They both must possess strong communication skills to be able to successfully navigate their industry and grow the business. - Both must have problem solving skills and the ability to think outside the box to develop new products and services.Differences: - Men are more likely to take risks than women when it comes to business decisions. - Women tend to work collaboratively rather than compete as much as men do. - Women often have greater access to social capital and networks to help them in their businesses. - Women often face additional challenges such as balancing family life with their business. - Women also may have to overcome traditional gender roles and stereotypes that can influence how they are perceived and accepted in their industry.Answer:
businessman/businesswoman: Purpose. A businessperson is generally more focused on ensuring that they make a profitable return from their commercial activities. While an entrepreneur does want to make profit, their focus leans toward people using their products, being happy with them and benefiting from them.
Explanation:
Who implements incident response programs to detect security vulnerabilities and breaches?
A. Policy Management
B. Risk Management
C. Information Security Management
D. Governance of Information
Answers
The implementation of incident response programs to detect security vulnerabilities and breaches is typically the responsibility of Information Security Management.
This function is responsible for the development, implementation, and maintenance of information security policies, procedures, and standards. Incident response programs are a critical component of an organization's information security strategy, as they help to identify, respond to, and recover from security incidents that may compromise the confidentiality, integrity, or availability of an organization's data or systems. Information Security Management is also responsible for conducting risk assessments to identify potential security threats and vulnerabilities, and for implementing controls and measures to mitigate those risks. By implementing incident response programs, Information Security Management can detect and respond to security incidents promptly, minimizing the impact on the organization and ensuring the confidentiality, integrity, and availability of its information assets.
To know more about Security Management, visit:
https://brainly.com/question/14951854
#SPJ1
In a margin account that is restricted a customer decides to sell stock valued at $8,000, and buy $6,000 worth of another stock on the same day. How much cash would this customer be allowed to withdraw from the account?
Answers
The customer would be allowed to withdraw up to $7,000 from the account, assuming there are no other restrictions or outstanding balances.
The customer's account is 50%, and the equity in the account would be
($8,000 - 8,000×50% )
= ($8,000 -4000)= $4, 000,
The buying power would increase by
$6,000- $6,000 x 50%
=$3,000
Total buying power = $4, 000+ $3,000= $7,000
Buying power refers to the ability of a person or group to purchase goods and services with their available resources, such as money or credit. It is affected by various factors, such as inflation, wages, interest rates, taxes, and overall economic conditions.
Inflation can decrease buying power because it reduces the value of money over time, leading to higher prices for goods and services. Wages and salaries can increase buying power, allowing consumers to afford more goods and services. Interest rates can also affect buying power, as higher rates can lead to higher borrowing costs and lower purchasing power. Taxes can also have an impact on buying power, as higher taxes reduce disposable income and therefore the ability to purchase goods and services.
To learn more about Buying power visit here:
brainly.com/question/2025993
#SPJ4
Need help with the worksheet
Answers
1) Assuming the tuition per annum is $10,000, Jada will owe $21,200 in student loans by the time she graduate.
2) The starting salary for graphic designer and Accountant according to the directory at "My Next Move" are: $31, 310 and $47, 970 respectively
3) If she thinks she'll like both careers equally, she should consider majoring in Accounting, from a student debt perspective. This is because, she can still learn Graphic Design as an elective and earn higher when she graduates at a higher starting salary than a graphic designer. She can still do Graphic Design as a side hustle.
4) Other facts might she want to took up for each career before making a final decision are: Career prospects, growth opportunities etc
Growth opportunities refer to chances for professional development, advancement, and increased responsibilities in a job or career. Such opportunities can include promotions, lateral moves, cross-training, leadership development programs, continuing education and skill-building, and networking.
In the above analysis, the Accounting Carrer path offers a lot of Growth Opportunities such as:
Also starting with a higher salary will enable Jada pay off her student loan in time.
The computation for how mush Jada will owe by the time she graduates is given as follows;
Total debt = (Federal loans offered per year + private loans taken per year - EFC per year) x number of years in school + tuition per year x number of years in school
Total debt = ($5,500 + $4,200 - $4,200) x 4 + $10,000 x 4
Total debt = $21,200
Therefore, Jada will owe $21,200 by the time she graduates.
Learn more about student loans on:
https://brainly.com/question/24501576
#SPJ1
Full Question:
Although part of your question is missing, you might be referring to this full question:
To save on room board, decided to attend local state and live with her parents.
Financial aid offer offers her $5,500 per year in Federal loans
Expected family contribution (EFC) is $4200 per year
Neither she nor her family can afford $4200, yearly, so she plans
to take private student loans for that full amount
Trying to decide between two career tracks, both of which are offered by her college:
Graphic designer, because she's artistic and loves computersAccountant, because she's great at math and she's done job shadowing in this areaUses the directory at My Next Move to look up the staring salaries for the positions she is interested in. (For the purpose of this activity, assume lowest salary is starting salary.)
1. How much will Jada owe in student loans by the time she graduates?
2. What's the starting salary for each career? (Tip: For each occupation, go to its page and scroll down to the Outlook box for salary information.)
3. If she thinks she'll like both careers equally, which should she consider majoring in, from a student debt perspective? Why?
4. What other facts might she want to took up for each career before making a final decision?
Which journal entry reflects the following transaction?:
BOC paid $3,000 upfront for next year's rent.
Dr. Cash 3,000
Cr. Rent Expense 3,000
Dr. Prepaid Rent 3,000
Cr. Cash 3,000
Dr. Rent Revenue 3,000
Cr. Cash 3,000
Dr. Rent Expense 3,000
Cr. Cash 3,000
Dr. Cash 3,000
Answers
The journal entry that reflects the transaction “BOC paid $3,000 upfront for next year's rent” is Dr. Prepaid Rent 3,000 and Cr. Cash 3,000.
Journal entry is used to record a transaction made by the company in the general journal. It is used to record every transaction made by the company. A transaction is a financial activity or event that involves the exchange of money or goods between two parties.
A journal entry is made for every transaction made by the company. The transaction in this case is “BOC paid $3,000 upfront for next year's rent.”The transaction involves paying rent in advance. The company has paid rent for next year in advance. The rent is paid upfront.
This means that the company has made a prepayment for rent. The prepayment for rent is recorded in the general ledger. The journal entry that reflects the transaction is Dr. Prepaid Rent 3,000 and Cr. Cash 3,000.The journal entry shows that the company has made a prepayment of $3,000 for rent.
The prepayment is made for next year's rent. The prepayment is recorded in the general ledger. The journal entry shows that the company has made a payment of $3,000 for rent in advance. The payment is recorded in the general ledger. The journal entry shows that the company has made a prepayment for rent.
The prepayment is recorded in the general ledger. The journal entry shows that the company has made a prepayment for rent. The prepayment is recorded in the general ledger. The journal entry shows that the company has made a prepayment for rent. The prepayment is recorded in the general ledger.
For similar question on "Journal Entry" :
https://brainly.com/question/14279491
#SPJ11
Question 2 Jacob, Derrick and Marcus were in partnership sharing profits and losses in the ratio 6.7.2. The Balance Sheet for the partnership at December 31, 2014 was as follows.
Fixed Assets
Machinery 20,000
Motor Van 10,810
Current Assets
Inventory 8,950
Debtors 6,300
Bank4000
Current Itabilities
creditor 7050
Loan 5550
Working capital 37460
Financed by
Capital: Jacob 16510
Derrick 15300
Marcus 5650
Balance Sheet as at December 31st 2014
The partners agreed to dissolve the partnership on December 31, 2014. The loan repaid in full: the creditors were paid $5.495 in full and final settlement. Dissolution costs were $ 600, Jacob took over one of the motor vans at an agreed valuation of $3 490 and Marcus took one of the machines valued at $6 900. The remaining ussets realised the following amounts. S 22,850 4,105 Inventory 7,550 Accounts Receivable 5,350 Marcus is unable to pay his debt to the firm. Apply the Garner vs. Murray rule to settle the debt.
Answers
The remaining partners are required to contribute to the partnership in the same proportion as the profits. Derrick's share of the surplus after settling Marcus's debt is $20,679, and Jacob's share is $18,376.
Define the term Partnership?A partnership is a type of business structure in which partners (two or more people) work together to run a business. Most of the time, partnerships are formed to share the risks and responsibilities of running a business as well as the profits and losses. Each partner in a partnership makes a contribution to the company in some way, such as through labor, expertise, or capital. The terms and conditions of the partnership are outlined in the partnership agreement, including how profits and losses are divided, who is responsible for what, and how decisions are made and disputes are resolved.
The Garner vs. Murray rule is a method used to distribute the losses of a dissolved partnership among the remaining partners in their profit-sharing ratio. It states that losses should be shared by the partners in the same ratio as their profit-sharing ratio.
In this case, the partners' profit-sharing ratio is 6:7:2 for Jacob, Derrick, and Marcus, respectively.
To determine the loss, we need to calculate the total assets and liabilities of the partnership and subtract the liabilities from the assets.
Total assets = Fixed assets + Current assets = $20,000 + $10,810 + $8,950 + $6,300 + $4,000 = $50,060
Total liabilities = Current liabilities + Loan = $7,050 + $5,550 = $12,600
Working capital = Total assets - Total liabilities = $50,060 - $12,600 = $37,460
Loss = Working capital - (Dissolution costs + Amount realized from the sale of assets)
= $37,460 - ($600 + $22,850 + $4,105 + $7,550 + $5,350)
= $37,460 - $40,455
= -$2,995
Since the loss is negative, it means that there is a surplus, and the partners will share it in their profit-sharing ratio.
The debt that Marcus owes to the firm is a liability and needs to be deducted from the remaining assets before they are distributed among the partners.
Total assets available for distribution = Dissolution proceeds - Marcus's debt
= ($3,490 + $6,900 + $22,850 + $4,105 + $7,550 + $5,350) - $5,650
= $45,495
The partners' total capital before distribution = Jacob's capital + Derrick's capital + Marcus's capital
= $16,510 + $15,300 + $5,650
= $37,460
To distribute the surplus, we need to add the loss to the total capital before distribution, which gives us:
Total available for distribution = $37,460 - $2,995 = $34,465
Now we can distribute the total available for distribution in the profit-sharing ratio:
Jacob's share = 6/15 x $34,465 = $13,786
Derrick's share = 7/15 x $34,465 = $16,089
Marcus's share = 2/15 x $34,465 = $4,590
However, since Marcus cannot pay his debt to the firm, his share of the surplus will be used to settle his debt. Therefore, Derrick and Jacob will share the remaining surplus in their profit-sharing ratio:
Derrick's final share = $16,089 + $4,590 = $20,679
Jacob's final share = $13,786 + $4,590 = $18,376
Therefore, Derrick's share of the surplus after settling Marcus's debt is $20,679, and Jacob's share is $18,376.
To know more about Partnership, visit:
brainly.com/question/27245732
#SPJ1