Barney takes his wife Betty to a Porsche dealership and tells her to pick out whichever car she wants as a birthday present. She chooses a red Boxter. Barney negotiates a price with the dealership and signs a contract paying cash for the car. Barney repeatedly tells the dealer that the car is a gift for his wife. The car is to be serviced and picked up at 10:00 a.m. the next morning. Barney dies that night. When Betty arrives at the dealership to get the car, they refuse to give it to her because only Barney signed the contract?

Answers

Answer 1

Answer:

The car should be given to Betty because Barney already have a contract with the dealer and he has stated explicitly in the terms to the contract that the car belongs to his wife. Porsche dealer should be prosecuted for breach of contract in the court of law.

Explanation:


Related Questions

Since public relations communications are typically perceived as _____, they are not subject to the problems of clutter that are associated with other forms of promotional communication.

Answers

Answer:

news items

Explanation:

Public relations refers to the communication that the company's have with the public through media outlets, which is why they are perceived as news items. This being the case, the public sees this news item and pays attention to this alone, as opposed to other promotional communication methods such as newspapers and articles where various information is cluttered together making it difficult to focus on one thing alone.

Lenny has just finished writing a news release about a new product that his firm has developed. He intends to send it to all of the local radio stations as well as the newspapers in several nearby towns and cities, in hopes that some of them will find the information newsworthy and run a story about the product. Lenny's efforts indicate that he is involved in a form of _______.

Answers

Answer:

public relations known as publicity.

Explanation:

Based on the information provided within the question it can be said that Lenny's efforts indicate that he is involved in a form of public relations known as publicity. This basically refers to a company's presence in the media. This can include television news outlets, newspapers, or even radio. The last of which is the case in this scenario since Lenny sent the news release about the new product to all the local radio stations.

Which of the followinDiffusion Research Company specializes in conducting market research for various firms. When it receives a new research proposal, its management first estimates the cost of conducting the research and delivering the final research report. The management then attempts to reduce the costs through efficient operations. In this scenario, Diffusion Research Company has a _____ pricing objective. is a limitation of break-even analysis?

Answers

Answer: Profit oriented

Explanation: Profit orientated strategies aims to set prices that will earn the company a profit. Companies do this by setting a price that is higher than the cost of goods or services they sell, and selling it at this price to customers. In this way they earn a profit on each sale that they make.

In this case Diffusion Research company first estimates the cost of conducting and delivering the research and then uses efficient operations to lower these costs. Operational efficiency entails delivering quality goods or services to consumers in the most cost effective way, and in this way maximising the profits earned on these goods and services. This indicates that a profit orientated pricing objective is used.

You have a portfolio that is invested 17 percent in Stock R, 38 percent in Stock S, and the remainder in Stock T. The beta of Stock R is .62, and the beta of Stock S is 1.17. The beta of your portfolio is 1.28. What is the beta of the Stock T?

Answers

Answer:

Beta of stock T is 0.0152

Explanation:

Given data:

weight of stock R is 17%

weight of stock S is 38%

hence weight of stock T is = 100 - (17+38) = 45%

Beta of stock R is = 0.62

Beta of stock S is = 1.17

Beta of portfolio is 1.28

we know beta of portfolio is given as

Beta of portfolio = weight of R × Beta of R + weight of S × Beta of S +weight of T × Beta of T

putting all value to get desired value of Beta of T[tex]1.28 = .17\times 0.62 + .38 \times 1.17 + 48 \times Beta_T[/tex]

Beta of stock T is 0.0152

Billy told his boss, Gwen, that he is going to start training for the upcoming marathon to be healthier and to have more energy for work. When Gwen asked him about his running history, Billy said, "I really have never run before and don't exercise much. I just know I need to do something." Gwen told Billy, "You should start slowly, maybe setting smaller, realistic exercise goals that are achievable." Gwen is helping Billy set a:__________A. single-use plan.B. smart goal.C. standing plan.D. simplistic goal.E. focal point.

Answers

Answer:

B. smart goal.

Explanation:

SMART goal -

The word SMART is the an acronym -

S = Specific ,

M =  Measurable ,

A = Achievable ,

R = Realistic ,

T = Timely .

These are the goals of any business organisation in order to motivate and direct the employees to do well and give new ideas or new resources for the success of the company .

It enables the people to focus and make efforts to achieve the goal and to make company successful .

In the similar way ,

Gwen is helping Billy to get SMART goals for the company .

When James sold protective window bars for a nursing home complex, he specified in the contract that the bars would be shipped FOB factory. According to the UCC, this means that:
a. the bars will not leave the manufacturer until payment had been received in full.
b. the seller does not expect payment for the bars until they are installed.
c. the seller has full title to the bars until the nursing home director receives them.
d. the buyer assumes responsibility, cost, and risk for shipping of the bars.
e. the delivering company assumes title for the bars while they are in transit.

Answers

Final answer:

FOB factory means the buyer assumes responsibility, cost, and risk for shipping as per UCC, indicating responsibility for the goods shifts once shipped, not related to payment terms or the delivering company assuming title.

Explanation:

When James specified in the contract that the protective window bars for a nursing home complex were to be shipped FOB (Free On Board) factory, it implicates a specific meaning in terms of shipping terms as per the Uniform Commercial Code (UCC). The correct answer to what FOB factory means according to the UCC is that the buyer assumes responsibility, cost, and risk for shipping of the bars. This term indicates that once the seller ships the goods, the buyer is responsible for any damage or loss that may occur during transportation. It does not pertain to the payment terms regarding when the seller expects to be paid, nor does it indicate that the delivering company assumes title of the goods during transit.

If Jill believes that she deserves the biggest paycheck at work, because she brought in the most client contracts, but she finds out that everyone was paid the same, she might believe what?

Answers

Answer: Injustice in payments

Explanation: From the question, Jill a sales representative raked in alot of sales for her firm where she is an employee. As a result of her outstanding sales performance, she was expecting the largest paycheck but received equal amount with other employees. This payment pattern would make feel Injustice occurred in her firm's payment pattern, because she feels she deserves more.

Mr. Bundy believes that women make poor shoe salespersons, but hires a woman to sell his shoes anyway and treats them the same as his male employees. Based on this information, which of the following is TRUE regarding Mr. Bundy?

Answers

Answer:

The correct answer is He is prejudiced, but does not discriminate against women.

Explanation:

A prejudice (from lat. Praeiudicium, ‘judged beforehand’) is the process of forming a concept or judgment on some person, object or idea in advance. In psychological terms, it is an unconscious mental activity that distorts perception.

Prejudice refers to the unfounded judgment and the affective tone. Allport notes that the phrase "think badly of other people" should be understood as "an elliptical expression, which includes feelings of contempt or dislike, fear and aversion, as well as various forms of hostile behavior, such as speaking against certain people. , practice some kind of discrimination against them or attack them with violence ». In the daily practices of the subjects, the prejudice operates from valuation budgets based on customs, traditions, myths and other lessons learned throughout the processes of identity formation. Allport does not include the possibility of positive rating in its definition. His essay was written in order to serve as teaching material for university students and the general public regarding the issue of ethnic discrimination, particularly that suffered by Jews and black Americans, which is why it is considered an important text in psychology social, because it states that racism is produced by "imaginary fears", which leads us to a positive vision that it is possible to eradicate prejudice in order to live in a more harmonious society.

Which of the following statements is (are) TRUE?
I. As market prices increase, industry output rises because individual firms have upward-sloping marginal cost curves.
b. II. As market prices increase, industry output rises because high-cost producers enter the industry.
c. III. As market prices increase, industry output rises because individual firms have upward-sloping short-run supply curves.

Answers

Answer:

All of the options are true.

Explanation:

I. As market prices increase, industry output rises because individual firms have upward-sloping marginal cost curves.

As the price of a product or service increases, suppliers will be willing to increase output because marginal costs should decrease as production increases (economies of scale).

II. As market prices increase, industry output rises because high-cost producers enter the industry.

As the price of a product or service increases, more suppliers will be willing to enter the market since the profit margins increase.

III. As market prices increase, industry output rises because individual firms have upward-sloping short-run supply curves.

As the price of a product or service increases, suppliers will be willing to increase production output because their profit margins should increase due to decreasing marginal costs, until they reach a limit where marginal costs start to increase and profit margins decrease.

If society wishes to reduce overall pollution by a certain amount, it is efficient to have firms with lower costs reduce greater amounts of pollution than those with higher costs.True or False?

Answers

Answer:

True

Explanation:

Some industries can reduce their pollution levels a lot at a small cost but others cannot, the cost of reducing their pollution levels is almost prohibitive. One way to solve this problem is not forcing all the industries to reduce their pollution levels equally, but rather promoting the reduction of pollution through tax incentives and trading pollution rights. This way, the industries that can reduce pollution at a low cost will be willing to sell their pollution rights to industries that aren't able to do it and maybe even make a profit out of it.

For example, industry A can reduce 10 units of pollution by spending $1,000 while industry B can reduce 10 units of pollution by spending $10,000. Industry A will be willing to sell its pollution rights to industry B for more than $1,000 per 10 units and industry B will be willing to buy pollution rights for less than $10,000 per 10 units.

A firm has determined its cost of each source of capital and optimal capital structure, which is composed of the following sources and target market value proportions:
Source of capital / Taget Market Proportions / After-Tax Cost
Long-term Debt/ 40% / 6%
Preferred Stock / 10% / 11
Common Stock Equity / 50 / 15
The weighted average cost of capital is__________.

Answers

Answer:

11%

Explanation:

The formula to compute WACC is shown below:

= Weightage of debt ×  after cost of debt + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of  common stock) × (cost of common stock)

= (0.40 × 6%)  +  (0.10 × 11%) +  (0.50 × 15%)

= 2.4% + 1.1% + 7.5%

= 11%

Simply we multiply the weightage with its cost so that the correct cost of capital can come based on weighted average

Final answer:

The Weighted Average Cost of Capital (WACC) for the firm is 11%, calculated by multiplying the cost of each source of capital by its target market value proportion and summing the results.

Explanation:

The Weighted Average Cost of Capital (WACC) is a calculation of a firm's cost of capital in which each category of capital is proportionately weighted. To calculate the WACC, we multiply the cost of each capital component by its proportional weight and then sum the results. In the provided problem, the firm's WACC is calculated using the following equation:

WACC = (% of Long-term Debt × Cost of Long-term Debt) + (% of Preferred Stock × Cost of Preferred Stock) + (% of Common Stock Equity × Cost of Common Stock Equity)

By plugging in the given values:

WACC = (0.40 × 6%) + (0.10 × 11%) + (0.50 × 15%)

WACC = (0.40 × 0.06) + (0.10 × 0.11) + (0.50 × 0.15)

WACC = 0.024 + 0.011 + 0.075

WACC = 0.110 or 11%

Hence, the weighted average cost of capital for the firm is 11%.

Kyrie expects to receive a $650,000 cash benefit when he retires 10 years from today. His employer has offered an early retirement package to Kyrie. If Kyrie retires immediately the company will pay him $340,000 today. Assume an appropriate discount rate is 6%. What is the present value of the future retirement benefit and should he accept the offer to retire immediately?

Answers

Answer: If he retires 10 years from now he will receive a retirement benefit of $650,000 and if he retires today he will receive $340,000 today, we need to find out if 650,000 is discounted at 6% for 10 years will its present value be more or less than 340,000. If the present value of 650,000 10 years from now discounted at 6% will be more than 340,000 he should not retire immediately and if the present value is less than 340,000 he should retire immediately.

Present Value = Future Value/(1+Rate)^Number of periods

Future Value = 650,000

Number of periods = 10

Rate = 6%

Present Value = 650,000/1.06^10

Present Value=362956

The present Value of 650,000 is more than 340,000 which means that Kyrie should not retire immediately.

Explanation:

At year end, Smith Corporation has Cash of $12,000, current Accounts Receivable of $24,000, Merchandise Inventory of $3,000, and Prepaid Expenses totaling $5,000. Liabilities of $20,000 must be paid next year.

What is the acid-test ratio?

Answers

Answer:

1.8

Explanation:

Financial Statements depicts the financial position of a firm at a particular point of time or specified date. The users of financial statements use various types of analysis to understand or compare the current financial statements of the company to prior years or with those of the competitors.

‘Ratio Analysis’ is used to analyze the performance of a company. It is used to analyze the liquidity, profitability, solvency and operational efficiency of the company.

Given:

Cash = $12,000

Accounts receivable = $24,000

Current liabilities = $20,000

Acid test ratio is also known as quick ratio. It is the ratio of quick assets to current liabilities.

Quick assets = Cash + Accounts receivable

Quick assets = $12,000 + $24,000

Quick assets = $36,000

Now, acid test ratio or quick ratio can be calculated as:

Quick ratio = [tex]\frac{Quick assets}{Current liabilities}[/tex]

Quick ratio = [tex]\frac{36,000}{20,000}[/tex]

Quick ratio = 1.8

The CPI for this year is calculated by dividing thevalue of all goods and services produced in the economy this year using this year’s prices by thevalue of all goods and services produced in the economy this year using the base year’s prices and multiplying by 100. However, the GDP deflator reflects only the prices of all goods and servicesbought by consumers .

Answers

Final answer:

The CPI is a measure of inflation based on a basket of goods and services that the average consumer purchases. On the other hand, the GDP deflator is an economic measure that observes the average prices of all goods and services included in the economy and accounts for what is actually purchased in a given year.

Explanation:

The Consumer Price Index (CPI) is a measure of inflation calculated based on the price level from a fixed basket of goods and services that represents the average consumer's purchases. The CPI is used to observe the price changes of a typical basket of goods and services over time, providing a measure of the cost of living. This value is calculated by dividing the value of all goods and services produced in the economy for the current year, using current year’s prices, by the value of all those goods and services but using the base year’s prices, and it multiplied by 100.

Contrarily, the GDP deflator is an economic metric that converts output measured at current prices into constant-dollar GDP. This Price Index measures the average prices of all goods and services included in the economy. The GDP deflator picks up prices of what is actually purchased in that year, making it unbiased. This reflects prices for all goods and services produced domestically, not just those bought by consumers, thereby providing a broader measure of price changes in an economy.

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The GDP deflator measures inflation by averaging prices of all domestically produced goods and services, while the CPI focuses on a fixed basket of goods and services consumed by households, including imported items. The different scopes of these two indices make them suitable for different economic analyses and policy-making.

GDP Deflator vs CPI

The GDP deflator and the Consumer Price Index (CPI) are both important economic indicators used to measure inflation. While the CPI calculates the change in the price of a basket of goods and services purchased by households, including imported goods, the GDP deflator reflects average prices of all new, domestically produced, final goods and services in an economy. The GDP deflator is calculated using the formula where Nominal GDP is divided by Real GDP and multiplied by 100, thus tracking inflation by considering the goods and services that compose the Gross Domestic Product (GDP).

The CPI is the more familiar measure to the general public and tends to capture the day-to-day inflation experienced by consumers. However, some items, such as military equipment like stealth bombers, do not affect the CPI because they are not typically purchased by households, yet they do influence the GDP deflator. Conversely, imported goods count towards the CPI but not the GDP deflator.

Both indices are useful for measuring inflation, but they have different applications with the CPI adjusting for the real value of wages and pensions, while the GDP deflator providing a broader indication of inflation within an economy by encompassing all goods and services produced domestically.

Cheyenne has a home insured for $300,000. It would cost $320,000 to rebuild her home. If she has home insurance that provides personal property coverage at 70% of value, how much of her household belongings would be covered?a $320,000
b $224,000
c $300,000
d $120,000
e $210,000

Answers

Final answer:

Cheyenne's home insurance provides personal property coverage at 70% of the $300,000 insured value. The calculation is 0.70 multiplied by $300,000, giving a coverage of $210,000 for personal belongings.

Explanation:

Cheyenne's home insurance policy offers personal property coverage at 70% of the home's insured value. To calculate the personal property coverage amount, we will use the insurance value of the home, which is $300,000, rather than the rebuild cost ($320,000).

The calculation for Cheyenne's personal property coverage is as follows:

Coverage percentage: 70% Home's insurance value: $300,000 Covered personal property amount = 0.70 * $300,000

Let's do the math:

Covered personal property amount = 0.70 * $300,000
= $210,000

Therefore, the amount of Cheyenne's household belongings that would be covered by the insurance policy is $210,000. The correct answer is (e) $210,000.

Hemingway Corporation has 100,000 shares of common stock issued and outstanding. At the meeting of the board of directors on December 1, 2018, the board voted to declare a cash dividend of $5 per share to be paid on December 31, 2018, to shareholders of record as of December 16, 2018. Complete the necessary journal entry on the date of declaration by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.

Answers

Answer:

The journal entry for the same is shown below:

Explanation:

Retained earnings A/c.............Dr   $500,000

         Dividends payableA/c..........Cr  $ 500,000

Cash dividend is declared by the board on 100,000 shares, therefore, the  account of retained earnings is debited whereas the account of dividend payable is credited.

Working Note:

Amount = Shares × Price per share

where

Shares is 100,000

Price is $5 per share

= 100,000 × $5

= $500,000

                                                                            Debit               Credit

Cash 100,000 x 5                                           $ 100,000

Common Stock (100,000 x $ 5)                                             $ 500,000

Paid Up Capital Exceeds the Value Set (100,000 x $ 5)      $ 500,000

Further Explanation

Shares are securities or books which are a sign of ownership or equity participation in a company.

Stocks usually take the form of a piece of paper as proof. Shares can be obtained from the company concerned directly or from previous parties through the stock exchange (stock market).

Book Value of Shares

The book value of shares is the value of shares according to the company's books. The book value of the shares is obtained from the value of the remaining assets after deducting the company's liability if the shares are distributed. The book value shows the guarantee or how big the function of shares owned by investors. Some values ​​related to book values ​​include:

Nominal value is the value determined by the company for its shares. Agio share is the difference in price from an investor's payment to the company minus the nominal price of the stock. Capital value is the total amount paid by shareholders to the company, in the form of nominal value + share capital. Retained earnings are profits not distributed to shareholders which are used for investment as a source of internal company funds.

Cash Flow for Shareholders:

If you buy shares, you can get cash in two ways, namely:

The company pays dividends We sell shares (to other investors in the capital market or to issuers/companies that sell their shares to the public) Like bonds, stock prices are the present value of expected cash flows.

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Detail

Class: College

Subject: Business

Keyword: Stock, Journal, Debt-Credit

Bramble Inc. reported total assets of $2405000 and net income of $331000 for the current year. Bramble determined that inventory was overstated by $23500 at the beginning of the year (this was not corrected). What is the corrected amount for total assets and net income for the year?

Answers

Final answer:

With an inventory overstatement of $23,500, the corrected total assets for Bramble Inc. would be $2,381,500, and the corrected net income would be $307,500 for the current year.

Explanation:

When correcting for an overstatement of inventory, both total assets and net income must be adjusted. Given that Bramble Inc. initially reported total assets of $2,405,000 and net income of $331,000, we must subtract the amount by which inventory was overstated at the beginning of the year, which is $23,500.

Therefore, the corrected total assets amount would be $2,405,000 - $23,500 = $2,381,500.

Similarly, an overstatement of inventory would have resulted in an overstatement of net income since the cost of goods sold would have been understated. As such, the corrected net income would be $331,000 - $23,500 = $307,500.

Which of the following is the set of all cost components that make up the fixed-order quantity total cost (TC) function?a. Annual holding cost, annual ordering cost, unit costb. Annual holding cost, annual ordering cost, annual purchasing costc. Annual lead time cost, annual holding cost, annual purchasing costd. Annual purchasing cost, annual ordering cost, fixed coste. Annual unit cost, annual set up cost, annual purchasing cost

Answers

Answer:

b. Annual holding cost, annual ordering cost, annual purchasing cost

Explanation:

The fixed order quantity total cost function is an economic order quantity model which comprises of annual holding cost, annual ordering cost and the purchasing cost

The formula to compute economic order quantity is shown below:

= [tex]\sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}[/tex]

The number of orders would be equal to

= Annual demand ÷ economic order quantity

The average inventory would equal to

= Economic order quantity ÷ 2  

d. The total cost of ordering cost and carrying cost equals to

Ordering cost = Number of orders × ordering cost per order

Carrying cost = average inventory × carrying cost per unit

Purchasing cost = Annual demand × price per unit

Thus, the b option is correct

Final answer:

The fixed-order quantity total cost function is composed of annual holding cost, annual ordering cost, and annual purchasing cost.

Explanation:

The set of all cost components that make up the fixed-order quantity total cost (TC) function includes the annual holding cost, annual ordering cost, and the annual purchasing cost of the inventory. The annual holding cost represents the cost of storing the inventory over a year. The annual ordering cost accounts for the expenses associated with placing orders for inventory replenishment. Lastly, the annual purchasing cost is the cost of the actual items being purchased for inventory, which can also be referred to as the unit cost, and is calculated as the price per unit multiplied by the quantity. Option b is correct among the given following options .

John belongs to a labor union. He believes a few key people run the union by meeting secretly and making decisions without informing other members or allowing them to fully participate in the meetings. If John's suspicions are correct, the union is violating provisions of the __________ Act.
A) Landrum-Griffin
B) Fair Labor Standards
C) Taft-Hartley
D) Wagner

Answers

Answer:

The correct answer is A) Landrum-Griffin .

Explanation:

U.S. Law Against union corruption. With the official title of the Labor-Employer Information and Disclosure Law, you will have federal laws for union representatives that will embezzle the organization's funds or prevent union members from exercising their legal rights. The law was requested in response to Senate investigations that highlighted links between workers and organized crime. Among its provisions was the strict prohibition of exercising the secondary boycott (trade union initiative aimed at preventing an employer from dealing with another employer who is in turn subject to a strike or boycott) and greater freedom for each state in the country set the conditions of labor relations within its limits.

Desktop management__________.a. increases the cost of configuration management over the long termb. requires managers to install software manually on client computersc. automatically produces documentation of software installed on each client computerd. can not maintain documentation of software installed on each client computere. decreases costs in the short term

Answers

Answer:

C) automatically produces documentation of software installed on each client computer

Explanation:

Desktop management refers to managing all the company's computers. Even though the word desktop is used, it includes managing and overseeing all the devices of the organization including laptops, tablets and even smartphones. Desktop management is a part of systems management.

All of the following factors influence the opportunities and threats an organization must consider when performing a strategic analysis EXCEPT:
a. employees
b. competitors
c. regulatory agencies
d. suppliers

Answers

Answer:

The correct option is A that is employees

Explanation:

Strategic analysis is the analysis which involves the process of researching the business environment of the firm or organization within that it operates. It is important for executing  the strategic planning for the working as well as for decision making of the organization.

The factors considered are the competitors, regulatory agencies and the suppliers.

Max purchased a guitar for a total of $624, which consisted of the price of the guitar and the sales tax. Was the sales tax rate greater than 3 percent? The price of the guitar that Max purchased was less than $602. The sales tax for the guitar that Max purchased was less than $30.

Answers

Answer:

Yes the sales tax is higher than 3%, it is actually 3.65%.

Explanation:

If the price of the guitar that Max bought was $602 (without taxes) and he ended up paying $624 with taxes, then the taxes were $22 (= $624 - $602). The $22 represent 3.65% [= ($22 / $602) x 100] of the guitar's price, and yes it is less than $30.

Miller’s Dairy produces 960 gallons of milk per day. Each milker at the dairy works 8 hours per day and produces the same number of gallons of milk per hour. If the Dairy’s productivity is 12 gallons of milk per hour of labor, then how many milkers does the shop employ?a. 8b. 10c. 80d. 120

Answers

Answer:

The correct answer is option b.

Explanation:

A dairy is producing 960 gallons of milk per day.

Each milker works 8 hours and produces the same amount of milk.

For per hour of labor the diary produces 12 gallons of milk.

Quantity of milk produced by a labor in 8 hours

= [tex]Production\ in\ one\ hour\times No.\ of\ hours[/tex]

= [tex]12\times 8[/tex]

= 96 gallons

The number of workers required to produce 960 gallons per day

= [tex]\frac{Total\ daily\ Production}{Daily\ production\ by\ each\ labor}[/tex]

= [tex]\frac{960}{96}[/tex]

= 10 workers

Final answer:

To determine the number of milkers employed at Miller's Dairy, divide the total daily milk production by the productivity per hour, and then divide the result by the number of hours each milker works. The calculation yields 10 milkers as the correct answer.

Explanation:

To calculate the number of milkers employed by Miller's Dairy, you can use the information given about the dairy's productivity and the total production. Miller's Dairy produces 960 gallons of milk per day. With each milker working 8 hours per day, and the dairy's productivity being 12 gallons of milk per hour of labor, we can find the total number of hours of labor required to produce 960 gallons in a day:

960 gallons per day / 12 gallons per hour = 80 hours of labor per day

Now, since each milker works for 8 hours a day, we can find the number of milkers by dividing the total hours of labor by the number of hours each milker works:

80 hours of labor per day / 8 hours per milker per day = 10 milkers

Therefore, the correct answer is b. 10 milkers.

Which of the following items is not included in either M1 or M2?

a. Money market mutual fund balances
b. Currency held by banks Savings deposits
c. Checkable deposits
d. Currency held by the public

Answers

Final answer:

Money market mutual fund balances are not included in either M1 or M2.

Explanation:

The item not included in either M1 or M2 is a. Money market mutual fund balances. M1 and M2 are measures of money supply in an economy. M1 includes currency held by the public, checkable deposits, and traveler's checks, while M2 includes M1 plus savings deposits, small-denomination time deposits, and retail money market mutual fund balances.

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Final answer:

In the context of M1 and M2, which are classifications of money supply, money market mutual fund balances do not fall under either category as they are considered investments, not liquid forms of money.

Explanation:

In the context of economics and finance, the money supply (M1 and M2) represents different classifications of money based on liquidity. M1 includes the most liquid forms of money such as currency in circulation and checking deposits. M2 includes all components of M1, as well as those that are slightly less liquid such as savings accounts and non-institutional money-market funds.

In the list of items provided, money market mutual fund balances are not included in either M1 or M2. This is because this specific type of fund is considered an investment and does not possess the same liquidity as cash, checking deposits, or savings deposits, which are all considered forms of money in M1 or M2.

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Bruce went shopping at the Hermes store in New York City. This is a very high-end fashion store. When he entered the store, an associate asked him what he was looking for. She then escorted Bruce to the neckwear department and had him sit (with a cup of coffee) while she brought out a selection of neckties she thought he might like. After Bruce paid for the neckties, the store had the packages shipped to Bruce's hotel. This is an example of _____________ retailing

Answers

Answer: Full service

Explanation:

The full service retailing is the process which mainly focus on the services during the production of the products or goods rather than the goods.

 The full service retailing mainly focus on storing the informative sales that focus on the high retaining prices and it is customer friendly. The full service retailing is the relationship between the services provider and the customers.

According to the given situation, the Bruce situation clearly depict about the full service retailing process.  

The Federal Reserve uses various measures to change the money supply and encourage economic activity. This is referred to as
A) fiscal policy.
B) monetary policy.
C) demand economics.
D) supply side economics.

Answers

Answer:

B) monetary policy.

Explanation:

The federal reserve is a central bank and whenever a central bank uses various measures to change the quantity of money or money supply it is regarded as monetary policy. The fed can change money supply by changing interest rates or quantitative easing and all of this comes under monetary policy.

Answer:

Monetary policy

Explanation:

What is a business requirement?
A. The nonspecific business requests the system must meet to be successfulB. The specific business requests the system must meet to be successfulC. The nonspecific methodology the system must meet to be successfulD. The specific methodology the system must meet to be successful

Answers

Answer: The specific business requests the system must meet to be successful

Explanation: In order for two organizations/parties to successfully carryout business a set of request must be fulfilled beforehand, these needed requirements are known as business requirements.

Requirements such as: type of product to be sold, cost at which product is to be sold, number of product to be sold, shipping and handling etc.

Company LAX reported 115,000 of net income, a decrease of $40,000 of accounts receivable, a payment of interest of $20,000, an increase of $21,000 of accounts payable, an increase of $10,000 of prepaid assets and bought equipment for $4000. What is their net inflow of cash from operating activities?

Answers

Answer:

$125,000

Explanation:

Given

net income = $115,000

Decrease in accounts receivable = $40,000

Payment of interest = $20,000

Increase in prepaid assets = $10,000

Bought equipment = $4000

Net inflow of cash from operating activities = $115,000 + $40,000 - $20,000 - $10,000

= $125,000

The purchase of equipment is a part of financing activities and as such is not considered in the computation of the net inflow of cash from operating activities.

Laura mentions that employees will come back from tea break on time because they know it will let down their fellow work mates if they don't. What consideration in building a group into an effective team does this example most closely embody

Answers

Final answer:

Laura's example represents peer pressure, social loafing, and the Hawthorne effect. The team is effective because peer influence prevents social loafing and members are observant of each other's behaviors.

Explanation:

The example provided by Laura most closely aligns with the concept of peer pressure, which operates substantially in building an effective team in a work setting. Because the process of group formation in the workplace often involves peer influence, the fear of disappointing coworkers can encourage team members to be punctual and comply with the norms of the team.

Furthermore, this example also hints at aspects of social loafing, a tendency for individuals to exert less effort in a group because of reduced pressure. However, in Laura's case, the potential for social loafing seems to be mitigated by the presence of a responsible group ethos. Individuals are held accountable to their peers, creating an environment where employees are less likely to slack off, even when the possibility for individual performance evaluation is not present.

Lastly, these considerations resonate with the research encapsulated in the Hawthorne effect. This dynamic suggests that employees alter their behavior positively when they know they are being observed, and might apply to a situation where colleagues expect each other to return promptly from breaks.

Learn more about Effective Team Building here:

https://brainly.com/question/29460849

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Assume the securities are all issued by the same firm. From the investor's standpoint, rank the following securities in order of increasing risk (the number of the least risky security is placed first, or to the left, in the answer set).
(1) Preferred stock.
(2) Income bonds.
(3) Convertible preferred stock.
(4) Mortgage bonds.

a. 1, 2, 3, 4
b. 4, 1, 2, 3
c. 4, 1, 3, 2
d. 4, 2, 1, 3
e. 4, 2, 3, 1

Answers

Answer:

D) 4, 2, 1, 3

Explanation:

The investments are listed from least risk to highest risk:

Mortgage bonds: bonds that are backed up or secured by a pool of mortgages.Income bonds: the bond issuer only has the obligation to pay the face value of the bond, coupons are only paid if the company has certain income levelsPreferred stock: bond that guarantees a fixed dividend, and has priority over common bonds in case the company is liquidatedConvertible preferred stock: same as preferred stock only that they can be converted into common stock

Final answer:

From least to most risk, the securities are ranked: mortgage bonds, preferred stock, convertible preferred stock, and income bonds. The correct answer is option (b).

Explanation:

When ranking securities from least to most risk from an investor's standpoint, the correct order is mortgage bonds (4), preferred stock (1), convertible preferred stock (3), and income bonds (2). This order is based on the inherent risk factors of each type of security.

Mortgage bonds are backed by specific assets that serve as collateral, making them less risky. Preferred stocks, while not having the security of collateral, have priority over common stocks in terms of dividends and liquidation proceeds. Convertible preferred stocks bring additional risk due to the option to convert into common stocks, which fluctuate more. Income bonds are risky because their interest payments depend on the issuing company's profitability.

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