Answer:
$625,000
Explanation:
Calculation for how much income is recognized in Year 3
First step
Year 1 2 3
Cost incurred Till date
1000 (1000+1500)2500 (2500+1250)3750
Estimated cost to complete
3000 1500 0
Total cost of contract
4000 4000 3750
Second step
Using this formula to calculate for the percentage of completion for each year
Percentage of completion =Cost incurred till date /Total cost
Let plug in the formula
Yeat 1= 1,000/4,000 =25%
Year 2= 2,500/4,000 =62.5%
Year 3=3,750/3,750 =100%
Last step
Year 1 2 3
Contract price 5000 5000 5000
Less:Total cost (4000) (4000) (3750)
Gross profit 1000 1000 1250
Percentage of completion
25% 62.5% 100%
Gross profit to be recognized till date (1000*25%)=250 (1000*62.5%)=625 (1250*100%)=1,250
Less:Gross profit recognized till prior year
0 -250 -625
Gross profit to be recognized in current period
250 375 625
Hence;
Year 1 Gross profit is $250,000
Year 2 Gross profit is $375,000
Year 3 Gross profit is $625,000
Therefore the amount of income recognized in year 3 will be $625,000
Coal executive: The majority of individuals within the mountain country of Montania have historically been coal miners. However, many coal mines have closed and the number of coal mining jobs available has decreased by nearly 90%. The best way to get these jobs back is to ensure that demand is at the same level it was before we lost these jobs. Our country must offer subsidies that will allow producers to decrease the price of coal and increase the demand for coal and therefore the need for coal mining jobs in order to recover these lost jobs.
Which of the following, if true, would weaken the coal executive’s argument?
A. Coal is already less expensive per unit than is natural gas within the country of Montania.
B. Many of Montania’s trading partners use a combination of solar and wind power.
C. Montania has invested heavily in retraining programs for former coal miners, many of whom have transitioned to other industries.
D. Improvements in technology have increased the amount of coal that can be produced per worker by 1000%.
E. No new coal deposits have been discovered within Montania for the last fifteen years.
Answer:
Correct Answer:
E. No new coal deposits have been discovered within Montania for the last fifteen years.
Explanation:
This option E would definitely weaken the coal executive argument because, most of the jobs were lost if there was no discovery of coal in the last 15 years. To most coal producer, it would be meaningless to keep most of the workers in payroll when there is no job available for them. Rather than incur losses, they would rather sack their workers thereby leading to decrease in number of coal workers.
Advertising could be referred to as _____________________. making the existence of a commodity known to the public and encouraging them to buy getting the government informed about the procedures in courts none of the options making the closure of manufacturing concern
Answer:
Making the existence of a commodity known to the public and encouraging them to buy.
Explanation:
Answer:
Advertising could be referred to as making the existence of a commodity known to the public and encouraging them to buyExplanation:
In June, The Seascape Gallery sells an oil painting to Collegiate Systems, Inc. Collegiate promises to pay for the painting in three months. The gallery prepares a draft ordering Collegiate Systems to pay $3,000 to First Bank on September 15. Collegiate Systems signs the draft. The draft is aGroup of answer choicesSight draftFuture draftTime draftTrade draft
The correct answer is C. Time draft
Explanation:
In trade, a time draft is a document that acts as credit, this means the buyer of the product can get the product and pay it after a certain amount of time, which is stipulated through the draft. Moreover, this draft is accepted by both the buyer and the seller, and it is most commonly used in international trade. This type of draft is the one used in the case presented because the payment will occur in the future rather than immediately as it occurs in other types of drafts such as a sigh draft or in regular trade drafts. Also, in this case, the buyer obtained the good (oil painting) before payment occurs and the draft acts as a promise of paying.
An important distinction should be made between a firm's core product and its actual product. While the core product may be a CD that contains an antivirus software program, the actual product may have a number of characteristics, including a quality level, features, design, a brand name, and packaging.
a. True
b. False
Answer:
True.
Explanation:
An important distinction should be made between a firm's core product and its actual product. While the core product may be a compact disc (CD) that contains an antivirus software program, the actual product may have a number of characteristics, including a quality level, features, design, a brand name, and packaging.
A core product refers to the core competencies associated with a particular product or service and it represents the benefits it brings to a customer.
An actual product can be defined as the tangible part (aspects) of a product and it typically relates to its quality, features, styling, packaging, and brand name.
according to the capital asset pricing model capm what is the expected market retrun on a security of 9.5% a stock beta of 1.2 and a risk free interest rate of 2%
Answer:
Expected market return on a security is 9.92 %.
Explanation:
The Capital Asset Pricing Model (CAPM) is used to calculate the cost of equity for a firm as
Cost of Equity = Return on Risk Free Security + Beta × Risk Premium
Where,
Risk Premium = Return on Market Portfolio - Return on Risk Free Security
= Rm - 0.02.
Thus market return (Rm) can be determined as,
0.095 = 1.20 × (Rm - 0.02)
0.095 = 1.20 Rm - 0.024
1.20 Rm = 0.119
Rm = 0.0992 or 9.92 %
Andrew and Marina are married filing joint and have modified AGI of $77,500. Andrew made a contribution to a qualified retirement plan of $2,000 during the year. How much is their retirement savings contributions credit?
Answer:
$0
Explanation:
The credit rate for retirement savings depend upon several factors. General credit rates are 10%, 20% and 50%.
In case of a couple married and filing jointly the credit rate in case of modified AGI being more than $63,000 = $0.
The limit of $63,000 is revised to $64,000 in year 2019, and further revised to $65,000 in year 2020.
Here, in the given case the contribution credit rate = 0% as the AGI in case of joint filing is more than $65,000 as for year 2020.
Thus, retirement savings contribution credit = $2000 [tex]\times[/tex] 0% = $0.
Ayres' (1991) research team visited 90 Chicago-area car dealers using a uniform strategy to negotiate the lowest price on an $11,000 car. The results indicated that _______ were given the highest quote.
Answer:
Ayres' (1991) research team visited 90 Chicago-area car dealers using a uniform strategy to negotiate the lowest price on an $11,000 car. The results indicated that black females were given the highest quote.
Explanation:
That was then result of their research in 1991. Among all the people that made inquiries about car, it was the black females who made the inquiries that were offered the highest quote.
A landfill site produces an obnoxious odor. Homes downwind of the site rent for $1000 per month while homes upwind of the site rent for $1500 per month. If the odor is the only detectable difference between two neighborhoods, the difference in the rent is the ________ of the odor. Group of answer choices
Answer:
External cost
Explanation:
External cost is a cost that is gotten from any economic transaction, in which the person or entity bearing the cost is not directly involved in. They are also known as spill over costs. The offensive odor in the question has generated an external cost at different locations from the site, the cost of rent differs. External costs usually have negative effects, from our question we can see that the odor from the landfill site must be intolerable for people residing in the area.
Protectionist policies implemented in a small open economy with a trade deficit have the effect of ______ the trade deficit and ______ the quantity of imports and exports.
Answer:
B) not changing; decreasing
Explanation:
These are options for the questions
A) decreasing; decreasing
B) not changing; decreasing
C) decreasing; not changing
D) not changing; not changing
Protectionism policy provide adequate civil and liberty right to local industries against their foreign competitors.
It should be noted that they help to strike balance between those imported goods and those goods manufactured domestically, this could be through tarriff and subsidy measures
Therefore, Protectionist policies implemented in a small open economy with a trade deficit have the effect of not changing the trade deficit and decreasing the quantity of imports and exports.
Brettson Inc. is a major player in the U.S. consumer electronics markets. It sells radios, televisions, DVD players, and a number of similar products. Its CEO believes that the company can go into international markets with the same product line that it offers in the United States. What might limit Brettson Inc.'s ability to sell a standardized product to a global market using a standardized marketing strategy
Answer: Differences in product and technical standards
Explanation:
International market has some variety of item when it comes to when the product compete with the locally sold item. When a product which is not being made in a particular country is entering that same country it has some competition to deal with and would have to go through some required standard already in place set by the the country which it's going into. Each country will have their different technical standard and this would determine some decisions on how the international product will sell in this market.
The supply and demand curves reflect the availability and cost of a new gaming system. The producer announces that the new system will be compatible with existing games under the same brand. Which change will most likely occur
Answer:
Demand will shift right, raising the market price.
Explanation:
Given that the new gaming system is compatible with existing games, this implies that the total demand will increase and the market price of the new system will also increase at every level. At the same time, the price of a complementary product will decrease, since one can use existing games that have already been purchased with the new system.
Hence, in this case, the correct answer is Demand will shift right, raising the market price.
Answer:
Demand will shift right, raising the market price.
Explanation:
In what country do the three largest shareholders control, on average, about 60 percent of the shares of a public company?
a. Great Britain
b. Italy
c. United States
d. Canada
Answer:
B, Italy
Explanation:
In Italy, 60 percent of the shares of a public company are owned by the 3 largest shareholders. This invariably means that the decision making of public companies are mostly at the mercy of just 3 persons as against larger numbers in other countries.
Cheers
Using the ______ approach to expatriate compensation, the organization continues to pay the individual at a rate equivalent to their home-country salary, while providing allowances to enable that employee to maintain their standard of living.
Answer:
Balance sheet approach
Explanation:
As the name suggests, the balance sheet is the statement which followed the accounting equation i.e.
Total assets = Total liabilities + total stockholder equity
It is to be used for set the compensation for the people who live outside their native country that we called expatriate. Its motive to protect the purchasing power while on the duty
Also, in this the organization gives the rate that is equal to the salary given in the home country also the allowances are provided to balance their standard of living
Although there are advantages and disadvantages to home-based workers for both the employer and employee the disadvantages to employer, employee, and society in general can be summarized as:
Explanation:
The disadvantages of home work can directly impact the employer, the employee and society by reducing the interaction of workers in the organizational environment.
Social interaction at work is an advantageous factor for the conception of new ideas, innovation, problem solving, and relationships that can encourage and motivate the performance of work.
For the worker, it can directly impact their motivation for work, which can generate stressful situations due to the lack of interaction with other co-workers. For the employer it can mean difficulties in coordinating and monitoring work, ineffective communication, etc.
For society, on the other hand, it can constitute significant changes in work, which can cause difficulties in interpersonal relationships, and difficulty for group living.
An investor buys a bond. At the end of the first year, the bond is worth $1,300. During the year, the investment paid $20 in interest and had a capital gain of $250. What is the Total Return
Answer:
25.71%
Explanation:
An investor makes a bond purchase
At the end of the first year The bond is worth $1,300
The investment paid $20 in interest
The capital gain is $250
The first step is to calculate the cost of security
= $1,300-$250
= $1,050
Therefore, the total return can be calculated as follows
Total return= capital gain+income/cost of security
= $20 + $250/$1,050
= $270/$1,050
= 0.2571×100
= 25.71%
Hence the total return is 25.71%
________________ software analyzes vast stores of historical business data that have been prepared for analysis in corporate data warehouses and tries to discover patterns, trends and correlations hidden in the data.
Answer:
Data mining
Explanation:
Data mining software are programs that are used by companies to be able to process and analyze big amounts of information to find tendencies, make predictions and develop more effective strategies. According to this, the answer is that data mining software analyzes vast stores of historical business data that have been prepared for analysis in corporate data warehouses and tries to discover patterns, trends and correlations hidden in the data.
Conservatism implies that investors are too __________ in updating their beliefs in response to new evidence and that they initially __________ to news.
a. quick; overreact
b. quick; under react
c. slow; overreact
d. slow; under react
e. none of the above
Answer: d. slow; under react
Explanation:
Conservatism is simply when there is traditional beliefs in the society and opposition the individuals are opposed to rapid changes.
Conservatism implies that investors are too slow in updating their beliefs in response to new evidence and that they initially under react to news.
Supporters of globalization argue that bodies such as the World Trade Organization and the United Nations exist to serve the collective interests of member states, not to subvert those interests.
a. True
b. False
Answer:
True.
Explanation:
Supporters of globalization argue that bodies such as the World Trade Organization and the United Nations exist to serve the collective interests of member states, not to subvert those interests.
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
The world trade organization (WTO) is an intergovernmental organization that set rules, policies and regulates global trade across the world.
Also, the United Nations is an intergovernmental organization that is set to foster security, unity, and peace among its member nations across the world.
Hence, these two organizations exist to serve the collective interests of member states and not otherwise.
"A registered representative of a member firm markets private placements to wealthy accredited investors. Before the member firm can market these private placement securities, it MUST conduct a reasonable investigation concerning the:"
Answer:
I. issuer and its management
II. business prospects of the issuer
III. assets held by the issuer
IV. claims being made
Explanation:
According to Financial Industry Regulatory Authority, FINRA, the requirement for a private placement to be offered, is for the broker-dealer or its representatives to perform a necessary and an adequate inquiry pertaining to the security and the issuer's representations concerning it.
Hence, the Broker-dealer must conduct a reasonable investigation concerning the following:
• issuer and its management
• business prospects of the issuer
• assets held by the issuer
• claims being made
• intended use of the proceeds of the offering
_______________ is the technological backbone of e-business, an enterprise-wide transaction framework with links into sales order processing, inventory management and control, production and distribution planning, and finance.
Answer:
Enterprise recourse planning
Explanation:
Answer:
ENTERPRISE RECOURSE PLANNINGG
Explanation:
HOPE I HELPED
PLS MARK BRAINLIEST
DESPERATELY TRYING TO LEVEL UP
✌ -ZYLYNN JADE ARDENNE
JUST A RANDOM GIRL WANTING TO HELP PEOPLE!
PEACE!
A mid-sized city introduced a reward system whereby employees would find ways to reduce costs and increase work efficiency. Every employee would receive a portion of the surplus budget resulting from these cost savings. Which of the following reward systems is this city using?
a. commission system.
b. a gain sharing plan.
c. a piece-rate plan.
d. team-based synergy.
Answer:
b. a gain sharing plan.
Explanation:
The reward system that the city is using is known as a gain sharing plan. This is a group incentive plan in which employees as a group earn bonuses (usually in cash) for cooperating with one another in order to improve plant performance. This is the case in this scenario as the employees worked together to find ways to reduce costs while also increasing efficiency which ultimately improved the company and increased their profits. In doing so they were paid bonuses from the surplus budget.
A lean supply chain is a network of ______ organizations in which all of the supply chain partners collectively align their ______ to effectively meet customer demand.
Answer: integrated; capabilities
Explanation: A lean supply chain is a network of integrated organizations in which all of the supply chain partners collectively align their capabilities to effectively meet customer demand. Vitasek defined lean supply chain as a set of organisations directly linked by upstream and downstream flows of products, services, finances and information that collaboratively work to reduce costs and waste for the organisations. As such, it defines how a supply chain should operate, delivering products quickly to the end customer, with minimum waste and cost, which is a hallmark of a well-designed, efficient supply chain.
Designated agency means the clients do not have the full level of fiduciary duties available to them that they would have if they were fully involved in seller agency or buyer agency. In this situation, the client gives up the fiduciary duty of undivided what?
Answer:
....In this situation, the client gives up the fiduciary duty of undivided what?Correct Answer:
Loyalty
Explanation:
This is because, in a situation where an agency has full level of fiduciary, they tend to offer their maximum loyalty to the company knowing fully well that, it is part of the necessary things needed for them to retain their position. Unfortunately, when such full fiduciary is not guaranteed, their loyalty would not be there.
michelle works in a retail and cant decide what products to include in the stores front window display what is the first step she should take to solve this problem
Answer:
State the problem
Explanation:
Michelle wants to put products in the store display. The first step she should take is to state the problem.
Since she is putting the product on display she will need to put an appropriate item on display as this goes a long way to define the image of the business.
What kindly of products does she want to put on the display?
This is the question she should state at this stage.
Next she will list the options, determine the pros and cons, and evaluate the decision or choice.
These are the steps she should follow to resolve the resolve the problem of what to put in the store window
If you were to survey central bankers from around the world and ask them what they believe the primary task of monetary policy should be, what would the most popular answer likely be
The most popular answer would likely be fighting inflation.
Monetary policy is one of the policies use by central bank to control or regulate the supply of money in an economy inorder to achieve sustainable economic growth.
We know that excess supply of money in circulation would cause inflation; hence bring about increase in the price of goods and services. Inadequate supply of money would also case deflation in an economy.
It therefore means that the primary task of monetary policy (By buying or selling government securities (usually bonds), the Fed—or a central bank) should be fighting inflation.
learn more at: https://brainly.com/question/23386106
An appraiser encounters an underground storage tank and there are no signs of failure. An appraisal could be performed under the presumption that the tank is not leaking. This would be an example of a(n)
Answer:
extraordinary assumption
Explanation:
An extraordinary assumption often used in Real Estate, used under the Uniform Standards of Professional Appraisal Practice (USPAP), is a term that describes an assumption made about a condition or a fact which is barely unknown or uncertain. However, if later discovered to be untrue could change the resulting viewpoint or conclusion.
Hence, in this case, the correct answer is EXTRAORDINARY ASSUMPTION
Which kind of feasibility is concerned with whether the organization has the skills needed to properly apply a given technology
Answer: technical feasibility
Explanation:
Technical feasibility shows how s company or an organization will deliver the goods and service to the customers. Technical feasibility is vital as companies will be able to know whether the technical resources that the company possesses will meet its capacity.
It should also be noted that technical feasibility is concerned with whether the organization has the skills needed to properly apply a given technology.
Naturally
an
atom
is
netural
in
charge
I can't understand what u write
Answer:
True :)))
Explanation:
i think so...
A grocer wants to make a mixture of three dried fruits. He decides that the ratio of pounds of banana chips to apricots to dates should be 5:2:2. Banana chips cost $1.28/lb, apricots cost $3.00/ln, and dates cost $2.62/lb. What is the cost per pound of the mixture?
Answer:
$1.96/lb
Explanation:
A grocer wants to make a mixture of three dried fruits.
The ratio of pounds of banana chips to apricots to dates is 5:2:2
Banana chips cost $1.28/lb
Apricots cost $3.00/lb
Dates cost $2.62/lb
The first step is to find the total number of pounds
= 5+2+2
= 9 pounds
Total cost can be calculated as follows
= 1.28(5) + 3(2) + 2.62(2)
= 6.4+6+5.24
= $17.64
Therefore, the cost per pound of the mixture can be calculated as follows
= 17.64/9
= 1.96
Hence the cost per pound of the mixture is $1.96/lb
"According to Gartner Research, the data analytics market has split into two segments: the traditional _____ market and the newer __________ market. "
Answer: BI; data discovery
Explanation:
According to Gartner Research, the data analytics market has split into two segments: the traditional BI market and the newer data discovery market.
Data analytics is when raw materials are being analyzed scientifically in order to derive conclusions about a particular information.
Data analytics tools and technologies are data discovery, data visualization, and also geospatials.