Answer:
Simple interest= $273.7
Explanation:
Simple interest is the interest on earned on the principal amount invested only. Kindly note that under this system, only the principal amount invested would earn interest over the course of the investment period
Simple interest is calculated as follows:
Simple interest = Principal × Rate × Time
or
Simple interest = Future sum - Principal amount invested
DATA
Future sum- $973.70
Principal amount invested-700
Simple interest = 973.70 - 700=273.7
Simple interest= $273.7
Most recent work on the history of leisure In Europe has been based on the central hypothesis of a fundamental discontinuity between preindustrial and industrial societies. According to this view, the modern idea of leisure did not exist In medieval and early modern Europe: the modern distinction between the categories of work and leisure was a product of Industrial capitalism. Preindustrial societies had festivals (together with Informal and Irregular breaks from work), while industrial societies have leisure in the form of weekends and vacations. The emergence of leisure is therefore part of the process of modernization. If this theory is correct, there is what Michel Foucault called a conceptual rupture between the two periods, and so the v
Answer:should be noted that, first paragraph of the passage enlightens us on the difference between preindustrial and industrial society in Europe and how great was it to an extent that “the modern
distinction between the categories of work and leisure” (lines 4-5) cannot be reasonably applied to the former, which implies that there exists a discontinuity between the two periods.
Furthermore, the second paragraph argues that the discontinuity approach can accommodate historical data.
On a final note, the third paragraph admits that, while it is very useful in some aspects, this approach “can pose problems of its own” (line 25) and it then briefly describes these problems. All this points to Choice E as correct.
The word “dichotomy” as it appears in the last paragraph of the passage. One of the key claims there is that the dichotomy “reduces a great variety … to the simple formula” (lines 31-33). Therefore Choice C is correct.
More so, “Simple dichotomy” is also mentioned in line 26. The passage states that this dichotomy “remains of use in so far as it reminds us that the rise of industrial capitalism” (lines 28-29) was not just an economic phenomenon, but also a social and a cultural phenomenon. This points to Choice A as correct.
We should also not forget that, the main purpose of the passage is to discuss the idea of “the central hypothesis of a fundamental discontinuity between preindustrial and industrial societies” (lines 1-3) in terms of the development of the concept of leisure. Large volume of the passage is focused on demonstrating the usefulness of this hypothesis; nonetheless, the second part of the third paragraph mentions some “distortions” (line 31) that may result if the hypothesis is accepted. Therefore Choice B is correct. Choices A, D, and E are incorrect, as only one hypothesis/solution is discussed in the passage. Choice C is incorrect, as the passage does not mention that the “distortions” (line 31) caused by accepting the hypothesis are illusory
Goods and services are purchased by businesses as well as by individuals. O a. True O b. False
Answer:
true
they are e.g like our capitalists
"An issuer making a tender offer for its non-convertible bonds and later increases the price being offered by 10%. Which statement is TRUE?"
Answer: B. The increase in the tender price increases the life of the offer by another 5 business days
Explanation:
The options to the question are:
A. The increase in the tender price has no effect on the life of the offer
B. The increase in the tender price increases the life of the offer by another 5 business days
C. The increase in the tender price increases the life of the offer by another 10 business days.
D. The increase in the tender price increases the life of the offer by another 20 business days
From the question, we are informed that an issuer is making a tender offer for its non-convertible bonds and later increases the price being offered by 10%.
It should be noted that a tender offer is a bid for public takeover and in this scenario, the option that is true is that the increase in the tender price increases the life of the offer by another 5 business days.
The decision to take less salary in a year when the company was less profitable and employees' pay was cut is an example of Nishimatsu's: a.hubris. b.dialectic inquiry. cmitment. d.illusion of control.
Answer:
k i need help too
Explanation:
The decision to take less salary in a year when the company was less profitable and employees' pay was cut is an example of Nishimatsu's inquiry. commitment.
What is employee?The term employee refers to the work in the company to earn the money. The employee is the provided the services to the company with exchange of the salary. The employees are the work with the unity are the increased the wealth of the company.
According to the company was the provided the less salary into the less profitable and employees are the cut on the particular amount. It was the perfect example of the inquiry commitment. The commitment on the each and the every company to the related to the company details.
As a result, the decision to take less salary was the example of the commitment. Therefore, option (c) is correct.
Learn more about on employee, here:
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Tombstones are produced in a competitive price-searcher market. One producer, Rolling Stones, sells 20 tombstones a week at a price of $500 each. Its average total cost is $600. From this information, we can conclude:_______
a. new tombstone firms will want to enter.
b. this producer is losing $2,000 a week.
c. this producer is making an economic profit of $400.
d. this producer is setting MR = MC.
e. this producer should increase production.
Answer:
b. this producer is losing $2,000 a week.
Explanation:
The computation is shown below:
As we know that
Profit = (Price - Average total cost) × Quantity
= ($500 - $600) × 20
= -$2,000
This negative amount represents that there is a loss of -$2,000
Hence, option B is correct as the producer losing $2,000 in a week
Therefore all the other options are wrong
Accounts receivable Select one: a. Are usually converted into cash in 30 to 60 days b. Are relatively liquid assets c. Usually appear after short-term investments in marketable securities d. All of the above
Answer:
D
Explanation:
Accounts receivable is the amount of money that customers owe a company for goods or services that were purchased on credit.
Accounts receivable appear as assets on the balance sheets
Which one of these statements is true? A) Shareholders of the target firm must vote to approve an acquisition by stock. B) The merger of two direct competitors is usually considered to be a conglomerate merger because the consolidated firm will have more market share. C) A merger is the only way for two or more firms to cooperate in pursuit of a joint goal. D) Acquisitions are sometimes involuntary or even hostile. E) In an acquisition of assets, the bidding firm deals directly with the target firm's shareholders.
Answer:
The answer is D. Acquisitions are sometimes involuntary or even hostile
Explanation:
Out of all the options, the correct one is D. Acquisitions are sometimes involuntary or even hostile.
Hostile acquisition is the type of acquisition when the board of directors of the target company is against takeover of the company while involuntary or voluntary acquisition is the type of acquisition that the board of directors of the target company duly approves the takeover.
Six firms are currently producing and selling in a market. When two of the six firms exit the market, economists expect that the equilibrium price will ________ and the equilibrium quantity will ________.
Answer:
Increase and Decrease are the right answers.
Explanation:
The equilibrium price(p) will “Increase or rise” and the equilibrium quantity(Q) will “decrease or fall” because currently there are six firms in the market and these firms producing and selling in the market. If the two firms exit the market then only 4 firms will remain in the market. Therefore the supply will decrease and the supply (S) curve will shift towards leftwards. This shift in the supply curve increases the equilibrium price and decreases the equilibrium quantity.
Because of the influence of social marketing, the interaction between producer and consumer has become LESS focused on:_________
a. engaging.
b. listening.
c. understanding.
d. entertaining.
e. influencing.
Answer: d. Entertaining
Explanation:
Because of the influence of social marketing, the interaction between producer and consumer has become less focused on entertaining.
It should be noted that due to social media, entertainment has reduced between producers and consumers but rather, it has to do with engaging, influencing and listening.
Which of the following statements regarding corporate bonds is most correct? a. Debentures are riskier than subordinated debentures because they are paid last in the event of bankruptcy.
Answer:
The answer is C. The interest rate on subordinated debentures is likely to be higher than the interest rate on debentures
Explanation:
The options to the question are under the 'Ask about this question'
Debentures are long-term security (bond) that is not secured by any collateral. It is being issued based on the past record of the issuer i.e the issuer's creditworthiness and also its reputation.
What is subordinated debenture? - This is also an unsecured loan but ranks below the table i.e some loans are above it in the ranking.
The interest or yield on subordinated debts is usually higher because it is more risky than the normal debentures.
A project is a series of tasks to produce one or more ________, which are items that you hand off to the client or management for their review and approval.
Hi there! Hopefully this helps!
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Answer: Deliverables~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
"A project is a series of tasks to produce one or more Deliverables, which are items that you hand off to the client or management for their review and approval."
What makes the managerial task of executing strategy so challenging and demanding is A. the trial-and-error experimentation that is required to come up with a workable organizational structure that can adapt to the mature stages of the industry life cycle. B. the demanding people-management skills required, the resistance to change that has to be overcome, and the perseverance necessary to get a variety of initiatives launched and kept moving along. C. the time and effort it takes to build core competencies and a robust code of ethics. D. the time, training, and creative effort it takes to empower employees and teach them to communicate with their customers. E. the supervisory requirements associated with getting company personnel to do benchmarking.
Answer: B. the demanding people-management skills required, the resistance to change that has to be overcome, and the perseverance necessary to get a variety of initiatives launched and kept moving along
Explanation:
The managerial task of executing strategy is so challenging and demanding because of the demanding people-management skills required, the resistance to change that has to be overcome, and the perseverance necessary to get a variety of initiatives launched and kept moving along.
The other options in the question are wrong, therefore option B is the correct answer.
2. Advertisements, employment agencies, college placement offices, online resume-posting services and industry referrals are good ________ sources that can be used in the recruiting efforts of a firm.
Answer:
External.
Explanation:
Advertisements, employment agencies, college placement offices, online resume-posting services and industry referrals are good external sources that can be used in the recruiting efforts of a firm.
External sources of recruitment involves the process of seeking the required manpower or workforce from outside the shores of an organization. This ultimately implies that, potential employees are usually sourced outside an organization by the recruiters or human resources department.
At a trustee's sale, a property was sold for $160,800. The fees and court costs amounted to $1,600. The property was encumbered with a first deed of trust in the amount of $156,500 and a second deed of trust in the amount of $2,000. Which of the following is correct?
a. There would be a surplus, which would go to the beneficiary
b. There would be a surplus, which would go to the trustor
c. There would be a surplus, which would go to the trustee
d. The beneficiary of the second trust deed could initiate court action for a deficiency against the trustor
Answer:
Option C, there would be a surplus, which would go to the trustee, is the right answer.
Explanation:
The property sold at a price = $160800
The fees and court cost = $1600
First deed amount = $156500
Second deed amount = $2000
Total costing = 1600 + 156500 + 2000 = $160100
Since the selling amount is greater than the cost amount. Thus, there will be surplus to the trustee. So, Option c is correct.
When signing a lease for a retail space, it's important to make sure the lease has a _______ clause, which releases the tenant from the lease if sales don't reach an agreed-upon amount. A.tenancy B.bail-out C.co-tenancy D.bankruptcy
Answer:
Option B (bail-out) is the correct approach.
Explanation:
For something like a variable annuity, a clause states that even though the investment on either the annuity happens to fall underneath a specified amount, the insured person will make additional withdrawal effects through loss.It eliminates the owner from those in the contract unless the transactions do not exceed a sum negotiated upon.Some other available choices do not apply to the types of situations in question. So that the argument presented above should be appropriate.
Answer:
The answer is most definitely B.bail-out : )
Explanation:
Especially for retail space, be sure your lease includes a bail-out clause, which lets you out of the lease if your sales don’t reach an agreed-on amount, and a co-tenancy clause so you can break the lease if an anchor store closes or moves. If you have to do a lot of work to get the space ready for occupancy, consider negotiating a construction allowance—generally $10 to $25 per square foot—to help offset the costs.
Ted Paine wants to facilitate exchange for his products by informing groups and influencing them to accept his firm's products. What would you suggest
Answer:
Select the appropriate promotional activities.
Explanation:
In the scenario being described the best suggestion that can be provided is for Ted to Select the appropriate promotional activities. Doing this correctly will drastically increase and maximize the activities influencing potential, which will attract a very large audience to the firm's products. This will also drastically increase the firm's profits as they will become loyal customers.
With an Adjustable-rate Loan the interest rate fluctuates and is usually tied to an index. The interest rate for any given period is the indexed rate plus the
Answer:
margin amount
Explanation:
Adjustable rate loan has a defined interest rate associated with it for an initial period, further after that the interest is decided by adding an indexed rate + the margin rate depending upon certain other factors.
It is also called as the floating rate loan, and the margin is not fixed it keeps on changing with the change in period.
It might be six monthly, monthly, or quarterly or in any period of interval.
This provides for the calculation each time that is different. As margin is the additional added amount which differs each time.
The ________ is an incomplete picture because a single number cannot fully reflect the sources of the underlying differences in income.
Answer:
Income inequality ratio
Explanation:
The income inequality ratio is an incomplete picture because a single number cannot fully reflect the sources of the underlying differences in income.
Income inequality refers to the uneven distribution of income among the population of a particular place. It is the difference in the allocation of income in a particular country.
Income inequality occurs across different segments of the population such as gender(male and female), ethnic group, occupation, geographical location etc.
The Gini index is widely used to compare disparities in income.
An agent sells his client 10 U.S. government bonds due to mature in 30 years. According to NASAA's Statement of Policy on Unethical or Dishonest Business Practices of Broker-Dealers and Agents. What statements may the agent legally make?
Answer:
The bonds are guaranteed as to principal and interest payments by the US government.
Explanation:
According to NASAA's Statement of Policy on Unethical or Dishonest Business Practices of Broker-Dealers and Agents, a broker can say US government bonds are guaranteed on principal and interest payments.
However if inflation sets in and interest rates rises there is no guarantee from the government that interest paid on the bonds will match the higher interest rate.
So legally this statement is correct, even though the investor can lose money as a result of higher interest rate in the future.
Tamarisk Corp. purchased machinery for $347,400 on May 1, 2020. It is estimated that it will have a useful life of 10 years, salvage value of $17,400, production of 264,000 units, and working hours of 25,000. During 2021, Tamarisk Corp. uses the machinery for 2,650 hours, and the machinery produces 29,580 units.
From the information given, compute the depreciation charge for 2021 under each of the following methods. (Round intermediate calculations to 2 decimal places, eg. 5.25 and final answers to O decimal places, e.g. 45,892.)
(a) Straight-line
(b) Units-of-output
(c) Working hours
(d) Sum-of-the-years'-digits
(e) Declining-balance (use 20% as the annual rate) $
Answer:
Explanation:
Purchase price = 347,400
Useful life = 10 years
Salvage value = 17,400
Production unit = 264,000
Unit produce = 29,580
Working hours = 25,000
Working hours used = 2,650
Workings
Depreciable amount = 347,400 - 17,400 = 330,000
1. Straight line depreciation = 347,400-17,400 /10
= 330,000 / 10 =33,000
2.Units of output = 29,580/264,000*330,000
= 36,975
3. Working hours method
2650/25,000*330,000 = 34,980
4.Sum of the years digit
Sum of the digits = 10(10+1)/2 =55
330,000 *10/55*4/12 +330,000*9/55*8/12 = 56,000
5 Declining balance at 20%
2020 = ( 347,400 *20%) = 69,480
2021 = 347,400 -69,480 * 20% =277,920 *20%
277,920 - 55,584 = 222,336
A group of customers is drinking alcohol in your business and one of them has been identified as the designated driver. As a server, you:
Cut of alcohol
Explanation:
If they drink mre they are likely to becom drunk and migjt get into an accident
Answer:
Limit the amount they can drink, if at all
Explanation:
You want to make sure they are able to drive by the time they leave
A manufacturer of an aircraft may issue information concerning an improvement or change that may be made on an aircraft, these changes are called
Answer:
Service Bulletins
Explanation:
A service bulletin as seen in the question above can simply be defined as a document used by aircraft manufactures to issue or give information concerning improvements or changes that may be made to or on an aircraft.
Depending on the manufacturer's judgement of the modification or improvement as either a product improvement or a safety improvement, service bulletins will be released.
Cheers.
This capital lease is recorded as an asset on the balance sheet of the lessee in an amount equal to the: A) dollar amount of each lease payment multiplied by the total number of lease payments in the original agreement. B) dollar amount of each lease payment multiplied by the number of lease payments remaining. C) dollar amount of each lease payment multiplied by the number of lease payments per year. D) present value of the remaining lease payments. E) lesser of the present value of the remaining lease payments or the present value of the lease payments for a one-year period..
Answer: e. lesser of the present value of the remaining lease payments or the present value of the lease payments for a one-year period..
Explanation:
The capital lease is recorded as an asset on the balance sheet of the lessee in an amount equal to the lesser of the present value of the remaining lease payments or the present value of the lease payments for a one-year period.
One difference between financial and managerial accounting is that the external users that use financial information must plan a company's future, but the internal users of managerial accounting information generally must decide whether to invest in or lend to a company.
a. True
b. False
Answer:
False
Explanation:
The internal users of financial information are those people with an organisation that makes use of financial information.
they include :
The board of directorsEmployeesManagers.The external users of financial information are those who aren't within an organisation that makes use of financial information.
They include :
InvestorsLendersGovernment Regulatory bodiesExternal users of financial information use financial information in making decisions of whether to invest in or lend to a company
A 50 year old individual leaves a corporate employer and receives a $50,000 lump sum distribution from the pension plan. He rolls over $30,000 of the funds within 60 days into an IRA and deposits the rest to his checking account. The individual pays:___________
Answer:
The individual pays tax on the $20000 not roll over
Explanation:
A roll over is the withdrawal of cash or other assets from a retirement plan and then using part or all of it within 60 days into another retirement plan. Roll overs are not taxable.
The individual receives $50000 and rolls over $30000 of his funds. The roll over fund is considered as an income but it is not taxable since it was done within 60 days therefore the individual is tax on the money which was not roll over.
Money not roll over = $50000 - $30000 = $20000
Therefore the individual pays tax on the $20000 not roll over
The market price of pomegranates is $2, and JoAnne sells 25 pomegranates at the local farmer's market. The total revenue is and the marginal revenue IS
Answer:
$50 and $2
Explanation:
The computation of the total revenue and the marginal revenue is shown below:
Total revenue is
= Price × quantity
= $2 × 25
= $50
And, the marginal revenue is received collected from one unit i.e price of the one units that equivalent to $2
Hence, we simply applied the above formula to determine the total revenue and the marginal revenue
If a study of past stock prices and volume to find mis-priced securities will not lead to gains in the market, then the market must be at least _____ efficient.
In the context of the principles of total quality management (TQM), _____ means collaboration between managers and nonmanagers, across business functions, and between companies, customers, and suppliers .
Answer:
Teamwork
Explanation:
In total quality management (TQM) teamwork refers basically to the same thing as it does in any other circumstance. I.e. working together in order to achieve a higher common goal. Teamwork is essential in every management theory, but TQM has a slightly different approach.
TQM sees teamwork as a means of creating interdependent quality circles. This means that employees and management must learn to work together as a team and must learn to depend on each other's work. It is basically like a goalkeeper that relies on his/her defense to help them avoid the opponent team from making goals.
With depreciation, the estimated amount of money that can be expected from some buyer at the end of asset’s useful life is its
Answer:
Salvage value
Explanation:
Salvage value is the value of an asset after all depreciation expenses has been expensed.
For example, an asset cost $500,000, it has a 2 year useful life. the depreciation percentage is 20% for each of the useful life of the asset, the salvage value =
Cost of the asset - accumulated depreciation
accumulated depreciation = 2 x($500,000 x 0,2) = $200,000
Salvage value = $500,000 - $200,000 = $300,000
$300,000 is the estimated amount of money that can be expected from some buyer at the end of asset’s useful life
A university does not have a centralized receiving function for departmental purchases of books, supplies, and equipment. Which of the following controls will most effectively prevent payment for goods not received, if performed prior to invoice payment?
a. Vendor invoices should be approved by a departmental supervisor other than the employee ordering the goods.
b. Invoices over a specified amount should be approved by the vice president of finance.
c. Names and addresses on vendor invoices should be compared to a list of department-authorized vendors.
d. Vendor invoices shoul be matched with department purchase orders.
Answer: a. Vendor invoices should be approved by a departmental supervisor other than the employee ordering the goods.
Explanation:
From the question, we are informed that a university does not have a centralized receiving function for departmental purchases of books, supplies, and equipment.
The control that will most effectively prevent payment for goods not received, if performed prior to invoice payment is that the invoices of the vendor should be approved by a departmental supervisor other than the employee ordering the goods.