You are offered two jobs, one in Chicago paying $67,000 and one in Dallas paying $58,000. The price index in Chicago is 110. 8, and in Dallas it is 91. 5. If real wages are the only consideration, then: a you would be indifferent between the two jobs because the real wages would be about the same (within 2%). B you would suffer from menu costs and be conflicted. C you would definitely take the job in Dallas because the real wage is higher there. D you would suffer from money illusion and be conflicted. E you would definitely take the job in Chicago because the real wage is higher there

Answers

Answer 1

If real salaries were the sole factor, you would unquestionably accept the position in Chicago because of the greater actual salary there. Here option E is the correct answer.

To determine the real wage, we need to adjust the nominal wage (the wage stated in dollars) for the difference in price levels between the two cities. This can be done by dividing the nominal wage by the price index.

The real wage in Chicago would be $61,364

($67,000 / 110.8 = $604.35 per $100 of goods; $604.35 x 100 = $60435).

The real wage in Dallas would be $63,847

($58,000 / 91.5 = $634.96 per $100 of goods; $634.96 x 100 = $63496).

Since the real wage in Chicago is higher than the real wage in Dallas, you would definitely take the job in Chicago.

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Related Questions

you have planned out a project. the weekend has passed since the project kickoff meeting took place. it is now monday morning and the team members are anxious to begin working on their tasks. what should you do next? answers a. provide the team members with the meeting schedule. b. authorize the work to begin on the first work package. c. get the team members to accept their roles going forward. d. begin looking out for non-critical risks that increase in importance.

Answers

The next you should do is Option B) authorize the work to begin on the first work package.

After the project kickoff meeting has taken place and the weekend has passed, it is important to take action to start the project. The first step in this process is to authorize the work to begin on the first work package. This means that the project manager should provide the necessary resources and support to the team members so they can start working on their tasks. This might include assigning tasks and responsibilities, setting deadlines, and providing access to necessary tools and information. By authorizing the work to begin, the project manager is ensuring that the project is moving forward and that the team members are able to start making progress towards the project goals. This is an important step in ensuring that the project stays on track and is completed within the set timeframe and budget.

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which of the following can is an example of crowdsourcing? question 17 options: a multimedia company releases a game in the market for the first time. an eco-friendly apparel store, invites users to submit designs for its new range of ethnic wear on its online platform. a toy making firm outsources its research and development to an external vendor to gain competitive advantage. a retail firm removes most of its channel partners from its supply chain to deal directly with customers.

Answers

An example of crowdsourcing is when an eco-friendly clothing retailer asks customers to contribute ideas for a new line of ethnic clothing on its online platform. Here option B is the correct answer.

Crowdsourcing is a process of obtaining services or ideas from a large and undefined group of people, typically through the internet.

In this context, option B, where an eco-friendly apparel store invites users to submit designs for its new range of ethnic wear, is an example of crowdsourcing as the company is seeking ideas and contributions from a large and undefined group of people.

The other options do not involve seeking input or contributions from a large and undefined group of people and are therefore not examples of crowdsourcing.

Complete question:

which of the following can be an example of crowdsourcing?

A - a multimedia company releases a game in the market for the first time.

B - an eco-friendly apparel store, invites users to submit designs for its new range of ethnic wear on its online platform.

C - a toy-making firm outsources its research and development to an external vendor to gain a competitive advantage.

D - a retail firm removes most of its channel partners from its supply chain to deal directly with customers.

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american business interests in hawai'i were mostly interested in this industry in the 1890's when they pushed for annexation of the hawaiian islands.

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When they lobbied for the annexation of the Hawaiian islands in the 1890s, American economic interests in Hawai'i became mainly concerned therefore in sugar sector.

Poor urban residents became pushed into landfills and indeed the districts surrounding industries wherever they employed as middle- and middle and top urbanites relocated to new parts of respective towns.

According to "scientific management," also referred to as "Taylorization," worker productivity might be raised by imposing strict normal operations, accelerating processes, and automating processes.

How have all American children's futures been altered by Jacob Riis' photographs?

Due to growing public concerns about the plight of children who work, slave labor regulations have been implemented.

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harvey is the sole proprietor of a flower shop. he drove his van 20,000 miles during the year. 16,000 miles were for delivering flowers to customers and 4,000 miles were for personal use. instead of figuring actual expenses, harvey decides to use the standard mileage rate to figure the deductible costs of operating his van. what amount can harvey claim as the cost of operating his van as a business expense in 2020?

Answers

Harvey will be allowed to deduct $9200 in 2020 for the cost of operating his van as a business expense.

Consult Publication 463, Travel, Entertainment, Gift, and Car Expenses, for the most recent standard mileage rate. The following conditions must be met in order to use the normal mileage rate:
1) It is forbidden to operate five or more vehicles at once, such as in a fleet operation.
2) You cannot have used an other calculation method than straight-line to calculate the car's depreciation,
3) You must not have deducted the car under Section 179,
4) You must not have used the car's unique depreciation allowance.
5) After 1997, you may not have deducted actual costs for a leased vehicle.
6) You must decide to use the regular mileage rate for a car you own in the first year it is available for business usage. Then, in later years, you can choose to use the normal mileage rate or real expenses.
7) If you decide to employ the normal mileage rate approach for a car you lease, you must do so during the full lease term (including renewals).

According to the IRS, the standard mileage rate for 2020 is 57.5 cents per mile.
In 2020, the amount of cost that Harvey is permitted to deduct as the cost of operating his van as a business expense = (16000 * 57.5) / 100 = $9200


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how do changes to the federal funds rate affect the inflation rate?

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The federal funds rate affect the inflation rate through its impact on the bank interest rate and money supply on the economy.

The Fed can control the inflation through the monetary policy related to interest rate and money supply on the market.

When the Fed decides to hold the inflation and slow down the economy, the Fed will increase the federal funds rate charged to the common banks. Those banks will try their best to keep their reserves to avoid borrowing reserves from other banks. Banks will increase their interest rate charged to the public.

Public will be attracted with the higher interest rate and prefer to save their money on banks instead of spending it on goods and services. This action will move the price equilibrium on the market and lower the Customer Price Index (CPI), that directly reflects on inflation rate.

When the Fed intends to boost the economy and trigger inflation to avoid deflation, the Fed will lower the federal funds rate. Common banks will also lower their interest rate, encourage public to submit for bank credits and increase the amounf of money supply in the economy.

This action will give the public an experience called "wealth effect". This condition will lead shift the demand curve to the right and bring the price equilibrium to a higher position. The Customer Price Index will increase and directly affect the inflation rate.

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an inventory determined by keeping a continuous record of increases, decreases, and the balance on hand of each item of merchandise.

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A perpetual inventory is an inventory determined by keeping a continuous record of increases, decreases, and the balance on hand of each item of merchandise.

What is the use of perpetual inventory in inventory management?

Perpetual inventory is a method of accounting in which a company continuously tracks its inventory levels in real time. This method provides a business with more precise inventory counts at all times. Its differs from a perpetual inventory system, which is typically the software or program that implements the perpetual inventory accounting method.

The system of perpetual inventory helps for tracking and recording stock levels in which every purchase and sale of stock is automatically and instantly logged. When a transaction occurs in this system, the software records a change in inventory levels in real-time.

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Public goods are underproduced in a competitive market because the free-rider problem causes which of the following? Reduced market demand Fixed supplyNegative externalities Effective price ceilings

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Public goods are underproduced in a competitive market because the free-rider problem causes reduced market demand.

Public goods are characterized by non-excludability, meaning that it is difficult to exclude individuals who do not pay for the good from consuming it. This creates a situation where individuals have an incentive to free-ride on the efforts of others by consuming the good without paying for it. This reduces the market demand for the good and makes it difficult for private firms to earn a profit from producing it, leading to underproduction. The free-rider problem is one of the reasons why public goods are often provided by the government rather than by the private sector. By providing public goods, the government can help ensure that these goods are produced and consumed in an efficient manner, without the problem of reduced market demand caused by the free-rider problem. The underproduction of public goods has negative consequences for society, as these goods are often essential for the public good. For example, if street lighting is underproduced, it can result in increased crime and decreased public safety. Similarly, underproduction of national defense can leave a country vulnerable to attack. To address this challenge, many governments provide public goods, using tax revenues to fund their production and distribution. This allows for the efficient provision of public goods, without the problem of reduced market demand caused by the free-rider problem.

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what is the expected return and standard deviation for the minimum-variance portfolio of the two risky funds

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The expected return and standard deviation for the minimum-variance portfolio of the two risky funds is 11.7% and 30.6%, respectively. To calculate the expected return and standard deviation of the minimum-variance portfolio, you would need to know the expected returns, standard deviations, and covariance of the individual funds.

To calculate the expected return and standard deviation for the minimum-variance portfolio of the two risky funds, we need to use the following formula:

Expected return =  [tex]w_S[/tex] * E(rS) + [tex]w_B[/tex] * E(rB)

Variance =  [tex]w_S[/tex]² * Var(rS) + 2 *  [tex]w_S[/tex] *  [tex]w_B[/tex] * Cov(rS, rB) +  [tex]w_B[/tex]² * Var(rB),

To find the minimum-variance portfolio, we can set the derivative of the variance with respect to each weight equal to zero and solve for the weights.

Expected return = 16% * [tex]w_S[/tex]+ 7% * [tex]w_B[/tex]

Variance = 36%² *  [tex]w_S[/tex]² + 2 * 0.08 * 36% * 30% *  [tex]w_S[/tex] *  [tex]w_B[/tex] + 30%² *  [tex]w_B[/tex]²

Differentiating the variance with respect to each weight and setting equal to zero, we can solve for the weights:

[tex]w_S[/tex] = 0.417,  [tex]w_B[/tex] = 0.583

Substituting the weights back into the formula for expected return, we get:

Expected return = 16% * 0.417 + 7% * 0.583 = 11.7%

And substituting the weights back into the formula for variance, we get:

Variance = 36%^2 * 0.417² + 2 * 0.08 * 36% * 30% * 0.417 * 0.583 + 30%² * 0.583^2 = 936%²

The standard deviation is the square root of variance, so:

Standard deviation =[tex]\sqrt{936%}[/tex] = 30.6%

So, the result is 11.7% and 30.6%, respectively.

The question above is incomplete, the complete question is:

What is the expected return and standard deviation for the minimum-variance portfolio of the two risky funds? A pension fund manager is considering three mutual funds: the first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 4.6%. The probability distributions of the risk funds are: Stock Fund (S) Expected Return, 16%, Standard Deviation, 36%; Bond Fund (B) Expected Return, 7%, Standard Deviation, 30%. The correlation between the fund returns is .0800. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

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how has subaru remained customer oriented in its new-product efforts

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Subaru has remained customer oriented in its new product efforts by consistently focusing on the customer first. They have done this by listening to customer feedback and using it to inform their design decisions.

They have also created a culture of innovation and customer-centricity that permeates throughout the organization. They have invested in customer research and development teams who are constantly working to ensure that their products meet customer needs and expectations.

They also take customer feedback seriously and use it to improve existing and new products. Finally, they are committed to providing exceptional customer service and are regularly engaging with their customers to understand how they can improve. By doing all this, they have been able to remain customer oriented and create new products that meet customer needs and expectations.

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A primary purpose of the ICH is to:

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The ICH's main goal is to reduce the need for redundant research.

What is one of the main goals of ICH?

In order to develop and approve safe, effective, and high-quality medicines in the most resource-effective way possible, ICH seeks to establish more global harmonization.

What is the International Conference on Harmonization's main goal?

Since its founding in 1990, ICH has steadily changed to reflect the increasingly international nature of pharmaceutical development. To ensuring that safe, effective, and high-quality pharmaceuticals are produced and registered in the most resource-effective way possible, ICH's aim is to create more global harmonization.

What function does ICH serve?

Enhancing public safety, competitiveness, data recognition, trial idea and methodologies, ethical awareness, cost effectiveness of research and development, and marketing structure are all responsibilities of ICH-GCP.  The frequency of frauds and accidents has decreased as a result of clinical trials being conducted in conformity with ICH-GCP criteria.

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electronics world inc. paid out $9.5 million in total common dividends and reported $123.1 million of retained earnings at year-end. the prior year's retained earnings were $84.9 million. what was the net income? assume that all dividends declared were actually paid. write out your answer completely. for example, 25 million should be entered as 25,000,000. round your answer to the nearest dollar, if necessary.

Answers

Electronics world inc. paid out $9.5 million in total common dividends. The net income of the company is $47.7 million.

Retained Earnings (RE) are the accumulated portion of a company's profits that are not given to shareholders as dividends but are instead saved for reinvestment back into the company.

Typically, these funds are utilized to purchase working capital and fixed assets (capital expenditures) or to pay off debt commitments.

Information available in the problem:

Retained earning (beginning) = $84.9 million

Dividend paid out = $9.5 million

Retained earning (ending) = $123.1 million

To calculate the net income, use this formula:

RE (beginning) + Net income - dividends paid = RE (ending)

Plug the parameters' values into the formula (in million):

$84.9 + net income - $9.5 =  $123.1

Net income = $123.1 +  $9.5 - $84.9 = $47.7 million

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sam has two options this weekend. he could work at his job and earn $9 per hour for three hours, or he could go to a sporting event for that three hours. a ticket for the event costs $30. what is the full cost (opportunity financial) of the event?

Answers

The lost wages (3 hours x $9/hour = $27) as well as the cost of the ticket ($30) will be included in the opportunity cost. The opportunity cost is therefore $57.

What does the opportunity cost?

Opportunity cost is the advantage that was lost because a particular option was not selected. It is necessary to weigh the advantages and disadvantages of each choice offered in order to correctly assess opportunity costs. Opportunity costs have a value that can help people and businesses make more lucrative decisions. Opportunity cost is a wholly internal expense that is only utilized for strategic consideration; it is not included in accounting profit and is not reported externally. Opportunity cost examples include choosing to build a new manufacturing facility in Los Angeles as opposed to Mexico City, forgoing an equipment upgrade, or selecting the most expensive product packaging over less expensive alternatives.

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warby parker and visionspring take into consideration company profits, human capital, and
a. The environment in which the firm operates.
b. ethical marketing practices.
c. its competitors.
d. a commitment to technology.

Answers

Warby parker and vision spring take into consideration company profits, human capital, and the environment in which the firm operates. Option a is the right choice.

The information, skills, and health that people invest in and amass throughout the course of their life provide them the opportunity to achieve their potential as contributing members of society.

Human capital encompasses qualities that employers appreciate, such as loyalty and punctuality, as well as resources like education, training, intellect, skills, and health.

The phrase "business environment" refers to "the sum of all external factors affecting the organisation and functioning of enterprises and industries. Business environment refers to the whole atmosphere or combination of institutional, social, political, and economic circumstances that govern how businesses operate.

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what are the determinants of supply? instructions: in order to receive full credit, you must make a selection for each option. for correct answer(s), click the box once to place a check mark. for incorrect answer(s), click the optio

Answers

The number of producers, prices of other goods, technology, and resource prices are the determinants of supply.

The entire amount of products and services that are offered to customers in a market is known as supply. The higher the number of producers, the higher the number of goods produced and the higher the supply all things being equal. The reverse would be the case if the number of producers falls.

If the price of other goods increases, it would be more profitable to produce the other goods. As a result, the number of producers available for goods would reduce. Technological progress that reduces the cost of production and makes production more efficient, would lead to an increase in supply.

If the price of inputs increases, it becomes more expensive to produce the good and as a result, supply would fall.

Complete question:

What are the determinants of supply? Instructions: In order to receive full credit, you must make a selection for each option. For the correct answer(s), click the box once to place a checkmark. For the incorrect answer(s), click the option twice to empty the box. Income unanswered Prices of other goods unanswered Technology unanswered Tastes and preferences unanswered Resource prices unanswered Number of producers

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Which of the following statements regarding generational marketing is​ correct?
A.Marketers need to form more precise​ age-specific segments within each generational group.
B.The most effective way to segment by age is to use birth date as the basis.
C.Marketers see Gen Z as one homogenous group.
D.Each generation is typically at the same socioeconomic level.
E.Marketers see baby boomers as one homogenous group.

Answers

In generational marketing, marketers need to form more precise​ age-specific segments within each generational group.

A marketer is a person who is typically in charge of creating a connection between the customer and the goods or services provided by the employer. Because people from the same generation frequently have similar outlooks and goals, marketers frequently employ generational marketing.

In order to target marketing efforts and communications to particular age-related qualities and preferences, the population is divided into several generational segments based on birth year and life events. Marketers must further divide each generational group into more accurate, age-specific subgroups if they want to be more successful. As a result, they can develop marketing tactics that are more specialised and targeted to each subgroup's particular needs, attitudes, and habits.

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a(n) is the person who ensures that the team is productive, facilitates the daily scrum, enables close cooperation across all roles and functions, and removes barriers that prevent the team from being effective.

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A(n) team leader is the person who ensures that the team is productive, facilitates the daily scrum, enables close cooperation across all roles and functions, and removes barriers that prevent the team from being effective.

The role of a team leader is critical to the success of any Agile team. They are responsible for ensuring the team remains productive, facilitating daily scrum meetings, enabling close collaboration between all members, and removing any barriers that prevent the team from performing effectively.

The Agile Team Leader must possess strong communication and organizational skills in order to keep the team on track, as well as a strong understanding of the Agile framework. They must also be able to identify and address any issues that may arise during the project in order to ensure the team is successful.

The team leader should also be a role model for the team, leading by example and providing guidance and support when needed. They should be proactive and take initiative in order to ensure the team is successful and able to meet their goals.

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echnology can help governments handle economic emergencies, such as the reliance on automation. crop and resource shortages. the fall of the unemployment rate. instant sales and communication.

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Governments can use technology to manage economic crises like crop and resource shortages.

How does technology aid in the growth of the economy? Governments can use technology to manage economic crises like crop and resource shortages.The government can solve the issues of food scarcity and water scarcity by adopting new technological interventions to boost agricultural output and lessen the effects of water scarcity.Weeds and pests can be managed using crop protection techniques.For maximum crop yield, drip irrigation technology delivers water straight to the roots of plants.Integrated soil fertility management and organic farming are two more approaches that can be used. It is generally acknowledged in the field of economics that the main force behind the economic expansion of nations, regions, and cities is technology.Progress in technology makes it possible to produce goods and services more effectively, which is essential for prosperity.

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On the Wage W-2 input screen the first entry is? A. Employer information. B. Wages. C. Ownership code. D. State wages.

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On the Wage W-2 input screen the first entry is Employer information. All business information, technological information, intellectual property, trade secrets, customer information, and other information that belongs.

To the employer, relates to the employer's internal affairs, or is not readily available about the employer's business, technology, staff, and/or customers is referred to as employer information. A person, company, or other entity that employs business and pays them for their labour is an employer. Employees are those who are paid to perform labour. Employers provide workers a job. Employment Information. An employment detail is information about an employee's employment. You can access information about an employee, including their job history and the resources the company has given them.

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each small square in the grid for this graph has one side equal to 1 pound of bolts and one side equal to 1 dollar per pound. the area of one small square is therefore_______

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One side of each tiny square in the grid for this graph represents 1 pound of bolts, and the other side represents 1 dollar per pound. Therefore, one dollar is equal to one little square inch.

A graph is a structure made up of a collection of things where some object pairs are conceptually "connected." The items are represented by mathematical abstractions known as vertices (sometimes known as nodes or points), and each pair of connected vertices is known as an edge (also called link or line). A graph is typically shown diagrammatically as a collection of dots or circles representing the vertices and lines or curves representing the edges.

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Professors at a local university earn an average salary of $80,000 with a standard deviation of $6,000. With the beginning of the next academic year, all professors will get a 2% raise. What will be the average and the standard deviation of their new salaries?.

Answers

Answer: $81,600 and $6,120.

Explanation:

What is the future value amount if $10000 is on deposit for five years at 6% simple interest?

Answers

If $10,000 is deposited for five years at 6% simple interest, the amount of the future value is $13,000.

What basis does a simple interest have?

Simple interest is interest that is levied on the Principal amount rather than being calculated on a cumulative amount. The following is how simple interest (SI) is determined: SI is defined as P x R x T / 100, where P stands for the principal and R for the yearly interest rate expressed in terms of time units.

What are the definitions of compound and simple interest?

Simple interest is frequently a fixed proportion of the principal amount borrowed or lent paid or received over a defined time period. Since compound interest accrues and is applied to the accrued interest from earlier periods, borrowers are expected to pay interest upon interest in addition to principal.

The formula can be used to calculate simple interest. S.I. = ( P × R × T)

Here, P = the loan's principal amount, R = Annual interest rate in percentage and T = Time (in years)

As per the question,

P = $10,000 , R = 6 % or 0.06, T = 5

⇒ S.I. = $10,000 × 6 % × 5

⇒ S.I. = $10,000 × (6 / 100) × 5

⇒ S.I. = $ 3,000

The Simple Interest Calculator can be used to determine simple interest.

The principal value plus simple interest will be added to the future value.

⇒ FV = P + S.I.

⇒ FV = $ 10,000 + $ 3,000

⇒ FV = $ 13,000

As a result, $10,000 will be worth $13,000 at 6% interest after five years at simple interest.

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what is the productivity of an organization that has an input cost of $20,000 and produces 200,000 products or services?

Answers

It is calculated by dividing the outputs of a corporation by inputs necessary to produce those outputs. While sales, services produced are frequently used to assess outputs, labor hours are frequently utilized as inputs.

What exactly do goods and services entail?

A tangible object that buyers want or own is a good. Customers demand services even when they are not physical items. A service could frequently be delivered remotely as well. The Services and Items Network handles an incredible volume of invoices as well as tax documents per month. The network was created to serve as a communication link between taxpayers and, yes, the governments. A consumer, business, or organization is willing to pay for an activity or usage that is referred to as a service. Barbers, doctors, lawyers, mechanics, bankers, insurance providers, and other professions are just few examples. The cost of public services is borne by the entire community.

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Andrew Clark Company discovered the following errors made in January 2015.


1. A payment of Salaries and Wages Expense of $700 was debited to Equipment and credited to Cash, both for $700.


2. A collection of $1,000 from a client on account was debited to Cash $100 and credited to Service Revenue $100.


3. The purchase of equipment on account for $760 was debited to Equipment $670 and credited to Accounts Payable $670.


A. Correct the errors by reversing the incorrect entry and preparing the correct entry.


B. Correct the errors without reversing the incorrect entry.


Account Titles Debit Credit

(a)

1. Salaries And Wages Expense 700

Equipment 700

2. Cash 1000

Service Revenue 100

Accounts Receivable 100

3. Equipment 335

Accounts Payable 335

(b)

1.

2.

3

Answers

To correct these errors, the incorrect entries can be reversed and the correct entries recorded, or the correct entries can be recorded without reversing the incorrect entries.

The corrected entries would correctly reflect the transactions in the company's accounting records.

A. Correct the errors by reversing the incorrect entry and preparing the correct entry:

To correct the error, reverse the incorrect entry by debiting Equipment for $700 and crediting Salaries and Wages Expense for $700. The correct entry would be to debit Salaries and Wages Expenses for $700 and credit Cash for $700.

Journal Entry:

Debit: Salaries and Wages Expense 700

Credit: Cash 700

To correct the error, reverse the incorrect entry by debiting Service Revenue for $100 and crediting Cash for $100. The correct entry would be to debit Cash for $1,000 and credit Accounts Receivable for $1,000.

Journal Entry:

Debit: Cash 1000

Credit: Accounts Receivable 1000

To correct the error, reverse the incorrect entry by debiting Accounts Payable for $670 and crediting Equipment for $670. The correct entry would be to debit Equipment for $760 and credit Accounts Payable for $760.

Journal Entry:

Debit: Equipment 760

Credit: Accounts Payable 760

B. Correct the errors without reversing the incorrect entry:

To correct the error, record the correct entry by debiting Salaries and Wages Expense for $700 and crediting Cash for $700.

Journal Entry:

Debit: Salaries and Wages Expense 700

Credit: Cash 700

To correct the error, record the correct entry by debiting Cash for $1,000 and crediting Accounts Receivable for $1,000.

Journal Entry:

Debit: Cash 1000

Credit: Accounts Receivable 1000

To correct the error, record the correct entry by debiting Equipment for $760 and crediting Accounts Payable for $760.

Journal Entry:

Debit: Equipment 760

Credit: Accounts Payable 760

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the column total of the general credit column is posted. T/F

Answers

The column total of the general credit column is posted- false.

What is Journalism?

The practise of journalism involves acquiring, analysing, producing, and presenting information and news. Furthermore, it is a byproduct of these activities. Certain distinguishable traits and behaviours render journalism distinct from other pursuits and outcomes. Journalism is the process of gathering, preparing, and disseminating news, as well as related analysis and feature items, using both print and electronic media, including books, blogs, webcasts, podcast, social networking media sites, television, and movies. The main purpose of news would be to inform the public, even though it could also be engaging or entertaining. By giving citizens the knowledge they have to make the best choices for their lives and communities, media serves this objective.

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9-7 as an r&d manager, what actions might you take or programs might you implement to assure your organization got maximum benefit from patentable ideas?

Answers

As an R&D manager, it is important to take a strategic approach to ensuring that the organization is able to get maximum benefit from patentable ideas.

This involves establishing a clear process for identifying and protecting ideas, encouraging innovation, providing the necessary resources, and monitoring the success of the programs and processes.

First, the R&D manager should establish a clear process for identifying and protecting patentable ideas. This process should involve regular communication with employees to encourage them to share their ideas and ensure that they are properly documented and evaluated.

The R&D manager should also work with legal experts to determine which ideas are patentable and to secure the necessary patents.

Second, the R&D manager should implement programs to encourage innovation and creativity within the organization. This could include offering incentives for employees who come up with new ideas, sponsoring hackathons or other innovation events, and providing training and resources to help employees develop their ideas.

Third, the R&D manager should ensure that the organization has the resources it needs to turn patentable ideas into products or services. This could involve securing funding for research and development, forming partnerships with other organizations, or investing in technology and equipment.

Finally, the R&D manager should regularly monitor the success of the organization's patentable ideas and make changes to the programs and processes as necessary.

This could involve collecting data on the success of new products or services, conducting customer surveys, and evaluating the financial performance of the organization.

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describe what happens if mutual dependency is not part of the negotiation.

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Mutual dependency is the concept that both parties in a negotiation rely on each other to achieve their desired outcome. Without mutual dependency, negotiations can become one-sided and not result in a fair agreement for both parties.

If mutual dependency is not present in a negotiation, one party may have all the power and control over the outcome. This can lead to the weaker party accepting whatever terms the stronger party proposes, even if they are not favorable. The stronger party may take advantage of their power and demand more than what is reasonable or fair.

On the other hand, the weaker party may be unwilling to compromise and make any concessions, as they do not feel the need to rely on the other party. This can result in a stalemate and a breakdown in the negotiation process.

In conclusion, mutual dependency is an essential component of a successful negotiation. Without it, negotiations can become imbalanced and result in an agreement that is not beneficial for both parties. By recognizing and utilizing mutual dependency, both parties can work together to reach a mutually beneficial outcome.

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True or false: Auditors often perform background checks on key members of management as part of their assessment of financial reporting risk

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The given statement "auditors regularly conduct background checks on important members of management as part of their assessment of the risk involved with financial reporting" is TRUE.

What are auditors?

The auditor has a duty to prepare and carry out the audit in order to get a reasonable assurance regarding the absence of a major misstatement, whether brought on by fraud or error.

Key members of management frequently have their backgrounds checked by auditors as part of their evaluation of the risk associated with financial reporting.

Auditors regularly do background checks on these people to uncover any issues that may need to be evaluated and addressed.

Senior management and the board of directors set the tone at the top of a firm and have the potential to perpetrate fraudulent financial reporting.

Therefore, the given statement "auditors regularly conduct background checks on important members of management as part of their assessment of the risk involved with financial reporting" is TRUE.

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Eduaro i making cotume for hi chool play. He need 2 2/5 yard of fabric for each cotume. How many cotume can he make if he ha 15 3/5 yard of fabric?

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With 15 3/5 yards of fabric, he can make 15 + 3/5 = 15.6 yards of fabric.

He can make 15.6 / 2.4 = 6.5 costumes with 15 3/5 yards of fabric.

Rounding down, Eduardo can make 6 costumes with 15 3/5 yards of fabric.

Eduardo needs 2 2/5 yards of fabric for each costume he is making for his school play. To find out how many costumes he can make, we need to divide the total amount of fabric he has by the amount of fabric he needs for each costume. Eduardo has 15 3/5 yards of fabric. We can convert this to a common fraction by multiplying the whole number (15) by the denominator of the fraction (5) and adding the numerator (3), resulting in 15*5 + 3 = 78 yards. Dividing 78 yards by 2 2/5 yards per costume gives us the number of costumes Eduardo can make, which is approximately 33.2 costumes. To simplify this answer, we can round down to 33 costumes.

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the work in process, january 1, was $10,000. direct materials used were $200,000; direct labor incurred was $300,000; and total manufacturing overhead applied was $400,000. the work in process, december 31, was $50,000. the cost of goods manufactured is .

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The cost of goods manufactured is $940000.

Cost of goods manufactured = $50000 +$200000 +$300000 + $400000 - $10000= $940000.

What is cost of goods manufactured?

One of the carrying value of the commodities sold within a specific time period is known as the cost of goods sold (COGS). several formulas, such as specific identification, first-in-first-out (FIFO), or average cost, is used to correlate costs with specific commodities. The total cost of transporting the inventory to their current location and condition includes all acquisition prices, conversion charges, and other costs. Materials, labor, and allotted overhead are included in the costs of the commodities produced by the company. Until the inventory is sold, or its value is written down, the costs of those things that have not yet been sold are postponed as expenses of inventory.

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during the last couple of decades, it has become important for value-oriented marketers to ________blank with customers.

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During the last couple of decades, it has become important for value-oriented marketers to move toward a relational perspective from a transactional orientation blank with customers.

One who purchases goods or services from another company is referred to as a customer. Because they bring in money, customers are important. Organizations would cease to exist without them. To indicate the possessive form for a single client, use the term "customer's" with an apostrophe before the "s." Use the phrase customers' with an apostrophe to indicate the possessive plural form of several customers. When a possessive signal is not necessary, do not use an apostrophe. One who purchases goods or services from another company is referred to as a customer. Customers are critical to a company's success because they provide income; without them, the company would have to close its doors.

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