One of the results of the Bretton woods system was that the U.S dollar became more valuable and influential.
What is Currency?Currency is a medium for exchange for goods and services. It is a form of legal tender approved by the government and accepted by all as a means of exchange.
The U.S dollar is a popular form of currency that is accepted by most countries as a form of exchange. After the Bretton Woods system was adopted, the U.S dollar became more influential and valuable to many.
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Lopez Corp. Incurred €420,000 of research costs to develop a product for which a patent was granted on January 2, 2014. Legal fees and other costs associated with registration of the patent totaled €80,000. On March 31, 2019, Lopez paid €130,000 for legal fees in a successful defense of the patent. The total amount capitalized for the patent through March 31, 2019 should be.
The total amount capitalized for the patent is $210,000. A patent is termed as the exclusive rights of the owner on its invention or the discovery.
What is patent?The patent is the license that this is the creation of the individual and cannot be copied by anyone else and if copied shall be liable for punishment.
Computation of the capitalized amount for the patent:
Calculation of the total capitalized amount for the patent is:
[tex]\begin{aligned}\text{Capitalized Amount for Patent}&= \text{Legal fees and other costs}+\text{Legal fees}\\ \text{Capitalized Amount for Patent}&= \$ 80,000+\$ 130,000\\\text{Capitalized Amount for Patent }&= \$ 210,000\end{aligned}[/tex]
Therefore, the correct capitalized amount for the patent is $210,000.
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Government plays a role in all economic systems.
a
True
b
False
Based on different economic system analyses, it is true that government plays a role in all economic systems.
How does Government play a role?Generally, whether capitalist economic system socialist economic system, the government still plays a role.
For example, in the capitalist economic system, government plays the role of regulatory and complementary responsibilities.
While in a socialist economic system, the government takes more comprehensive roles such as production and distribution.
Hence, in this case, it is concluded that the correct answer is "True."
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A Smart sets up a new business. Before he actually sells anything, he has bought motor vehicle for $2500, premises for $4500, stock of goods for $1000. He did not pay full for his stock of goods and still owes $600 in respect to them. He borrowed $2800 from J Devan. After the events described and before trading starts, he had $150 cash in hand and $650 cash at bank. You are required to Calculate the Capital. Show all working.
The capital for A Smart is $5,400
Capital is computed as :
Capital = Asset - Liabilities
First, we need to determine the Asset.
Asset = Motor vehicle + Premises + stock + cash in and + cash at bank
Asset = $2,500 + $4,500 + $1,000 + $150 + $650
Asset = $8,800
Also, we will determine the liabilities
Liabilities = Money owed + Loan
Liabilities = $600 + $2,800
Liabilities = $3,400
Recall that:
Capital = Assets - Liabilities
Capital = $8,800 - $3,400
Capital = $5,400
Therefore, the capital for A Smart is $5,400
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What is stopping to reflect on and judge your goal progress called?
The stopping to reflect on and judge your goal progress is called Re-evaluation.
What is a Goal?A goal is to refer to an objective or dream that an individual desires to achive in his life. This is referring to a target based on an individual's desire which is accomplished by them in the desired time period.
The process of re-evaluation emphasizes determining or analyzing all the aspects of an individual's personality or business again by following different methods in order to achieve the desired result.
In order to assure a more likely outcome, it is crucial to do the experiment more than once which helps to better evaluation. Otherwise, there is a risk that the results could be incorrect.
This re-evaluation helps to seek progress in the work and brings improvement based on the results to achieve the desired Output.
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Bill wants to prepare his own taxes but wants a bit more guidance. He wants to file taxes without having to spend much money. What is his BEST option for filing taxes?
A. Prepare his taxes on her own.
B. Prepare his taxes with using an electronic tax program.
C. Hire someone to prepare his taxes.
Answer: B. Prepare his taxes with using an electronic tax program.
Explanation: had this question and got it correct!
Pete is thinking of skipping car insurance for the first year while he gets adjusted to car payments. Why is this a bad decision
Skipping insurance is a bad decision based on the fact that he would have to:
Pay for all the expenses when an accident occur. He would be driving illegally.What is insurance?Insurance coverage help to cover costs or expenses in case of unforeseen circumstances thereby saving costs.
Based on the given scenario skipping car insurance coverage will tend to result in him paying for people injury expenses or car crash injury expenses in a situation where he had an accident that resulted in people be injured.
He would as well have to pay for all the repairs costs of his car or vehicle since his car was not insured.
Inconclusion it is a bad decision as he would have to pay all the expenses when an accident occur and he would be driving illegally.
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I need some help will mark brainliest.
margaret puts money into her savings account each month. in this example money is functioning as a
Answer: a store of value
In case where Margaret deposits money into her savings account monthly, the money functions acts as a store of value.
What are the characteristics of money?Money is a legally sanctioned document of the government and serves as a medium of exchange. It is generally acceptable mode of payment and is legal tender.
One of the main features of money is the storage and stability of its own value. This implies that money is something which is easily accessible and can be retrieved on demand.
In the above example, Margaret puts her money into the savings account, where she can easily use, store and retrieve the amount of money as per her will and requirement. So, money acts as a store of value.
Hence, it may be stated that when someone deposits money into the savings account, such money being deposited acts as a store of value.
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How to solve problems in group work
Answer: Solve problems as a group by working together and problem solving, as well as listening to all ideas.
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just classify the task between groups and task will be easy to doWhat are examples of conflict in the workplace
Answer:
Toxic Workplace
Explanation:
people talk bad about you
What type of business is formed with the primary purpose of serving its user- members? O A. Partnership O B. Corporation O C. Sole proprietorship O D. Cooperative
Answer:
A social enterprise is a business with social objectives that serve its primary purpose.
Explanation:
Answer:
cooperative
Explanation:
just took it
Professional real estate trade associations and state real estate Commissions help guide real estate licensees in the practice of their profession by creating A) a code of ethics. B) a special category of licensing for those who work free of charge for in-need clients. C) a business model for real estate professionals. D) a list of real estate licensees who promise to act ethically.
The real estate associations and Commissions help to guide the real estate licensees by creating the code of ethics.
Code of ethics refers to those set of principles which are required to guide professionals in the conduct of their business with integrity.
The real estate associations and Commissions help to guide the real estate licensees by creating the code of ethics.
The Realtors' Code of Ethics is divided into three major sections which includes:
Duties to Clients and CustomersDuties to the PublicDuties to Realtors.Therefore, the Option A is correct.
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nonoperating items that increase net income, such as gains on the sale of fixed assets, must be added in calculating operating cash flows.
There are gains on sale of fixed asset which are known to enter on income statement. Nonoperating items that increase net income must be added in calculating operating cash flows is a false statement
A gain on the sale of fixed assets is usually seen in the statement of profit and loss as non-operating income.A Non-operating assets are simply described as a kind of assets that does not look into to be part of a company's core operations.
A company's non-operating assets can be said to be unused land, leftover and unused equipment, investment securities, etc.
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who is the supervisory body for the federal reserve system?
Answer:
The Board of Governors--located in Washington, D.C.--is the governing body of the Federal Reserve System. It is run by seven members, or "governors," who are nominated by the President of the United States and confirmed in their positions by the U.S. Senate.
Explanation:
what is 450x12 PLZ HELP ME I NEED HELP
Answer:
5400
quick and easy thank u
a whopping 432,000 square feet in size, which of these fields is larger than the other three combined?
The field that is larger than the other three fields combined is the polo field.
On average, one polo field measures 275 meters by 146 meters, which is equal to 40,154 squared meters or approximately 432,000 square feet.
This is a very big area if compared with the areas required to play different sports. Here are some of the areas:
Soccer field: The area of a soccer field is approximately 7,140 squared meters or 76854 squared feet.Baseball field: The area of a baseball field is 14,864 squared meters or 159994 squared feet.Football field: The area of a football field is 5351 squared meters or 57600 squared feet.Indeed, if you add the three areas (76854 + 159994 + 57600) the total area is 294,448 is still smaller than the area of a polo field.
Note: This question is incomplete because the options are missing; here is the missing part:
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a grocery store in a perfectly competitive market can
Answer:
A grocery store in a perfectly competitive market can. reduce its advertising budget more than its competitors. differentiate its product with respect to other firms. ignore profit-maximizing strategies. freely enter or exit the market.
GDP refers to: *
1 point
Government Development Plan
Gross Demand Payment
Gross Domestic Product
Gross Domestic Plan
Answer:
Gross Domestic product
Explanation:
GDP of a country is defined as all incomes from tax,share market etc domestic incomes.It is calculated either quarterly of 4months/3months or annually.By understanding the competency gaps that are generally perceived by employers, you should Multiple Choice be motivated to learn. seek high levels of achievement. believe in personal control of destiny. share diverse experiences.
Help please!
Who ever answers needs to be correct this is a big question.
Branson is the head of marketing for a video game company. His job falls into the Marketing Management pathway of the Marketing, Sales, and Service career cluster.
A.
True
B.
False
Answer:
True
Explanation:
Answer: A True
Explanation:
help with this question
Answer: The answer is C Monitoring the budget
You have been invited to give a speech at a local restaurant. The person who is hosting the event has asked you to speak for 15 minutes on a topic of your choice. Walk though the process of deciding what to talk about and discuss the reasons and methods you would use to make an effective choice.
Give me some hint please
Answer:
talk about the recipes
Explanation:
The penalty for nonqualified distributions from a health savings account (HSA) is __________.
If you take a non-qualified distribution, you are subject to ordinary income tax on the distribution and a 20% penalty tax. The penalty may not apply: if you are age 65 or older, if you are disabled or.
when accounting profits are negative, economic profits
Answer:
will be negative is the answer to this question
Explanation:
Accounting profits take into account only implicit costs while economic profit takes both implicit as well as explicit costs and if accounting profits are negative with only implicit costs, economic profit will be more negative as more amount of costs are subtracted from it.
4/ "People 3. How can you are attracted to the poultry farming these days" Explain with practical examples.people are attracted to the poultry farming these days explain with particle example
we can attracted to the poultry farming these days by saying eveyone to involve in this work and be excited
a nation can increase its production possibilities by
Answer:
Improvement in labor productivity, increase in resources, and technological advancements
Explanation:
In Roger Arnold's text entitled, "Macroeconomics" (2019), a nation can increase its production possibilities and achieve economic growth through an improvement in labor productivity, an increase in its resources, and technological advancements.
A nation is said to be productive efficient if it can produce the maximum amount of goods with its existing resources and technology. Hence, it is essential for a nation to take advantage of the productive capabilities of its workforce with specialized trade, which could also increase the production of consumer goods and trading of specialized services.
An increase in resources enables a nation to produce greater quantities of military and civilian outputs. Technological advancements also allow a nation to increase its productive capabilities, thereby enabling them to produce goods with a fixed amount of resources, or produce the same amount of output with lesser resources used.
When looking for pre-approval on a car loan you should NOT...
When looking for pre-approval on a car loan you should NOT get a loan from the car dealer directly to keep things simple.
Pre-approval occur when the lender has check or go through all the report of your credit so as to know the amount he or she will likely lend you as well as the interest rate.
Pre-approval tend to give the borrower the assurance that he or she will be given the car loan by the lender.
It is important that you compare the pre-approval offers given to you so as to choose or select the offer that is best for you and you should avoid getting the car loan directly from the car dealer, ensure that you follow the due process.
Inconclusion when looking for pre-approval on a car loan you should NOT get a loan from the car dealer directly to keep things simple.
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How do businesses maintain a formal record of financial transactions?
a) Publish an income statement b) Publish a balance sheet
c) Maintain a general journal
d) Utilize the Matching Principle
Businesses maintain a formal record of financial transactions through publication of income statement and balance sheet.
A formal record of financial transaction entails publication of periodic financial statement to allows users them to understand the financial position of the company.
The process of Bookkeeping with helps to record all financial transactions helps to publish an income statement and balance sheet.
The income statement and balance sheet are the two main financial record which depict the accurate position of the firms position.
Therefore, the Option A and B is correct.
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The rate at which a business increases revenue from sales is
Answer:
There are only four ways to increase revenue in your business: increase the number of consumers, increase the average transaction size, increase the frequency of transactions per client, and raise your rates.
Explanation:
one difference between monopolistic competition and oligopoly is that firms in monopolistic competition are assumed to:
Answer:
Monopolistically competitive firms are assumed to independently set the price of their differentiated product.
Explanation:
Monopolistic competition and oligopoly are two types of market structure.
Definitions:Monopolistic competitionMonopolistic competition is characterized by several competing sellers in an industry with differentiated products. In this market structure, monopolistically competitive firms have lesser barriers to entry or exit. Additionally, the consumers view the monopolistically competitive firms' products as somewhat different from the goods produced by competing firms. However, the consumers view those competing products as close substitutes. Thus, product differentiation is crucial in the success and longevity of monopolistically competitive firms. Product differentiation is the process of attracting customers by creating a feature or image that will make a product stand out or distinguishable from the existing products in the market. Through product differentiation, monopolistically competitive firms can have some control over setting prices on their products, which gives them limited market power. Although, the amount of products that the firms could sell is also contingent on the number and prices of existing substitute products in the market.
OligopolyIn contrast, oligopoly is a type of market structure characterized by a handful of major producers that have the power to influence to set the prices of their goods through price leadership. The actions taken by an oligopolist may significantly affect the sales of other firms in the same industry—when a leading oligopolistic firm increases its price, the other firms will likely follow suit. Hence, the prices of comparable goods are often similar.
Under this market structure, firms have a cost advantage compared to smaller firms due to increasing returns to scale. This means that the oligopolists could produce their products in larger volumes using lesser inputs. It is also difficult for new entrants to enter an oligopolistic industry due to lack of sufficient capital investment.