Answer:
Lina spent 28 minutes on the call.
Explanation:
let n be the number of minutes lina made a call
then:
cost of long distance call is 16 cents/min = 0.16 dollars/min
number of dollars spent on the long distance call = 0.16n
if the total dollars of the phone card is $15 and the remaining dollars after the call is $10.52, this implies that:
$15 = $10.52 + (0.16n)$
n = (15 - 10.52)/0.16
= 28
Therefore, lina spent 28 minutes on the call.
Juana looked at her September issue of O magazine and did not see anything of interest. However, after her mother was diagnosed with bipolar disorder, Juana found the issue extremely interesting because it offered advice on how to help people who are suffering from this problem. The fact that the boring issue became quite interesting is most directly due to a change in Juana's ________.
A) exposure
B) cultural values
C) attention
D) personality
Answer: attention
Explanation: The given case illustrates the concept of selective attention.
Selective attention refers to the situation when an individual focuses on a particular aspect of a vast subject matter due to his or her specific need or preferences.
In the given case, Juana found the magazine interesting because of the topic regarding a disease was covered in the magazine from which her mother was suffering.
Therefore, we can conclude that the correct option is C.
he economy is in long-run equilibrium when there is a correctly anticipated increase in aggregate demand. In new Keynesian theory, the price level will rise __________ in the short run than it is predicted to rise in new classical theory.
Answer: slowly
Explanation: In new Keynesian theory, the price level will rise slowly in the short run than it is predicted to rise in new classical theory. New Keynesian explanations of sticky prices often emphasize that not everyone in the economy sets prices at the same time. Instead, the adjustment of prices throughout the economy is staggered. Staggering complicates the setting of prices because firms care about their prices relative to those charged by other firms. Staggering can make the overall level of prices adjust slowly, even when individual prices change frequently. The price level rises slowly as the result of small price increases on the first and the fifteenth of each month. Hence, staggering makes the price level sluggish, because no firm wishes to be the first to post a substantial price increase. During the 1990s, the debate between new classical and new Keynesian economists led to the emergence of a new synthesis among macroeconomists about the best way to explain short-run economic fluctuations and the role of monetary and fiscal policies. The new synthesis attempts to merge the strengths of the competing approaches that preceded it. From the new classical models it takes a variety of modeling tools that shed light on how households and firms make decisions over time. From the new Keynesian models it takes price rigidities and uses them to explain why monetary policy affects employment and production in the short run. The most common approach is to assume monopolistically competitive firms (firms that have market power but compete with other firms) that change prices only intermittently.
Warren corporation purchased a truck at a cost of $60,000. It has an estimated useful life of five years and estimated residual value of $5,000. At the beginning of year three, warren's managers concluded that the total useful life would be four years, rather than five years. There was no change in the estimated residual value. What is the amount of depreciation that warren should record for year 3 under the straight-line depreciation method?
Answer:
What is the amount of depreciation that warren should record for year 3 under the straight-line depreciation method? $15500
Explanation:
Net Value Dep. year End Net value.
Year 1 55000 12000 43000
Year 2 43000 12000 31000
Year 3 31000 15500 15500
Year 4 15500 15500 0
In 2017, Orear Manufacturing signed a contract with a supplier to purchase raw materials in 2018 for $700,000. Before the December 31, 2017 balance sheet date, the market price for these materials dropped to $510,000. The journal entry to record this situation at December 31, 2017 will result in a credit that should be reporteda) as an appropriation of retained earnings.b) as a valuation account to Inventory on the balance sheet.c) on the income statement.d) as a current liability.
Answer:
d) as a current liability.
Explanation:
As in the given instance, the value of transaction is also known, further since the contract s signed the company has liability to buy the goods and accordingly the company has to incur such payment.
Since there will be an purchase for which payment will be made in future.
Therefore, this will give rise to current liability, although value of goods has decreased but still, there is a liability of payment.
An annuity may best be defined as:
A. a payment at a fixed interest rate.
B. a series of payments of unequal amount.
C. a series of yearly payments, regardless of amount.
D. a series of consecutive payments of equal amounts.
Answer: D. a series of consecutive payments of equal amounts.
Explanation:
An annuity is a financial commodity that provides a fixed amount of payments, paid in equal periods, such as deposits made into savings accounts, monthly home mortgage payments, and monthly insurance payments.
Annuities are meant to be a safe way to secure a steady capital flow during people´s retirement years, as well as to avoid outliving their assets.
An annuity can be best defined as a series of consecutive payments of equal amounts. The Option D.
What is the definition of an annuity?It is a financial product or investment that provides regular payments over a specified period of time. These payments can be made monthly, quarterly, annually, or at other intervals and they typically include both a principal portion and an interest component.
Annuities are commonly used for retirement planning and provide individuals with a steady income stream during their post-work years. By receiving equal payments at regular intervals, annuity holders can better manage their finances and budget effectively.
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Torres Travel’s stockholders' equity at the beginning of March 2022 was $200,000. During the month, the company earned net income of $50,000 and paid dividends of $10,000. At the end of March 2022, what is the amount of stockholders' equity?
Answer:
At the end of March 2022, the amount of stockholders' equity is $240,000
Explanation:
The net income of $50,000 increases the amount of stockholders' equity:
stockholders' equity + net income = $250,000
And the paid dividends of $10,000 decreases the amount of stockholders' equity:
stockholders' equity - paid dividends = $240,000
According to the American Marketing Association, the term _____ is defined as the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.
Answer:
The answer is: Marketing
Explanation:
In 2008, the American Marketing Association changed the definition of marketing to:
"Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large."
This was done basically to broaden the activities involved in the process of marketing. With this new approach the AMA gave the whole process of marketing a much broader role in the activities involved in society. Before this new definition was released, marketing was seen as an organizational function which involved only the company (organization and stakeholders) and its customers.
The unemployment rate may underestimate the true extent of unemployment if:
a. many part-time employees would like to work fulltime, but are unable to get the additional work.
b. employees increase the number of hours they work overtime.
c. there are a large number of people working in the underground economy.
d. people are pretending to look for work so that they can continue receiving unemployment benefits.
Answer: c.
Explanation: The unemployment rate may underestimate the true extent of unemployment if there are a large number of people working in the underground economy . While the underground economy also known as the black economy may conjure up images of drug deals and prostitution rings, the term actually has much broader scope. It refers not only to illegal economic activity, but all economic activity that goes unreported to government authorities and consequently, avoids being taxed. one of the primary reasons the underground economy exists is that people are trying to evade taxes. But increased government regulations that can make the cost of doing business higher also create an incentive to avoid reporting certain economic activity to the government. An increase in the number of unemployed increases the number of people who work in the black economy because they have more time. On the other hand, an increase in unemployment implies a decrease in the shadow economy.
Which of the following is the process of assessing the firm's internal and external environments?
A. Business portfolio analysis
B. Market growth rate analysis
C. Situation analysis
D. Sustainability analysis
E. Product development analysis
Answer:
C.
Explanation:
A situation analysis defines where you are today, in terms of your product, market, customer and competition.
The systematic collection and study of past and present data to identify trends, forces, and conditions with the potential to influence the performance of the business and the choice of appropriate strategies. The situation analysis is the foundation of the strategic planning process. The situation analysis includes an examination of both the internal factors (to identify strenghts and weaknesses) and external factors (to identify opportunities and threats). It is often referred to by the acronym SWOT.
Assume a hypothetical case where an industry begins as perfect competition and then becomes a monopoly. As a result of this change, A. consumer surplus will be smaller, producer surplus will be greater, and there will be a reduction in economic efficiency. B. consumer surplus will be smaller and producer surplus will be greater. There will be a net increase in economic surplus. C. price will be higher, consumer surplus will be greater, and output will be greater. D. price will be higher, output will be lower, and the deadweight loss will be eliminated.
Answer:
The correct answer is A. consumer surplus will be smaller, producer surplus will be greater, and there will be a reduction in economic efficiency.
Explanation:
Monopoly is a form of market totally opposed to perfect competition. It is part of the so-called "imperfect competition", those markets that do not meet the assumptions of perfect competition.
Three situations can be distinguished:
Monopoly of offer. There is only one bidder and many plaintiffs. An example is that of companies that operate an exclusive public service. Monopoly of demand or monopsony. There is only one plaintiff and many bidders. One case is the dependence of the defense industry on state contracts. Bilateral Monopoly. When there is only one plaintiff and one sole offeror. An example is the labor market where the negotiation of a wage increase is carried out between the employer's association and the union platform.However, when we talk about monopoly in general, we refer to the offer that is what we are going to focus on.
In this type of market, the monopoly company has the power to set prices and quantities since there is no competition. The monopolist will offer a smaller quantity at a higher price than if the market were of perfect competition. In addition, having the sale insured, the company does not care about product quality or consumer satisfaction.
A friend of yours has an interview with an economics consulting firm and has been asked to discuss a microeconomics topic. Which of the following topics would you recommend that your friend discuss?A) the study of how prices are determined in the baseball card industryB) how unemployment is falling in the national economyC) what the Federal Reserve will do with interest ratesD) what the next president will do to stimulate the national economy
Answer:
The answer is: A) the study of how prices are determined in the baseball card industry
Explanation:
Microeconomics is concerned with single factors (individuals or an specific company or industry) and the effects of their decisions and allocation of resources. The baseball card industry and their pricing methods enter into this category.
While the country´s unemployment rate, or the Fed´s interest rate, or national politics affect the whole economy, so they part of Macroeconomics.
Asher Airlines instituted a marketing program whose intent is to create a relationship with customers with seat upgrades and free miles for their continued patronage. What customer relationship tool is Asher Airlines using __________________.
Answer:
frequency marketing program
Explanation:
Frequency Marketing is the marketing strategy that is used to lure as well as retain the customers for a longer period of time. It includes events such as advertising at the frequent intervals, offering discounts to the loyal customers, conducting and organizing various events etc. This type of strategy is carried out at the frequent intervals of the time to retain the customers.
Hence, Asher airlines is offering such discounts to retain and lure their customers and this is a type of frequency marketing program.
A company is successful at recruiting engineers by handing out flyers during community events near a university which is highly rated for its engineering program. The company's competitor effectively reaches the same audience by hanging banners at a similar event. This is an example of ________.
Answer: substitutability
Explanation: The virtue of something being replaceable is called its substitutability. In simple words, it the ability of something to be put in place of other.
In the given case, the subject company and its competitor both are using the same method for recruitment and both are successful in their process. Thus, any one of them, could easily replace other in the process.
Hence from the above we can conclude that the the given case is an example of Substitutability.
Gather reliable information to help Brent make his decision. To gather this information, use newspapers, call insurance companies or look at their Web sites, and review consumer magazines and Web sites. Also, look at the manufacturer Web site or www.fueleconomy.gov for information about gas mileage. List the sources you use and take notes.
Answer:
One way to calculate mileage is to recollect the milometer reading or to reset the mileage counter once filling up a storage tank.
Explanation:
Fuel potency may be a sort of thermal potency, which means the magnitude relation from effort to results of a method that converts chemical P.E. contained in a very carrier into K.E. or work.
Once doing thus next time, acquire the mileage increased between the 2 gas fill-ups.The last is to divide.
Every financial market performs the following function:
A) It determines the level of interest rates.
B) It allows common stock to be traded.
C) It allows loans to be made.
D) It channels funds from lenders-savers to borrowers-spenders.
Answer:
D) It channels funds from lenders-savers to borrowers-spenders.
Explanation:
Financial market
The marketplace where trading of securities like the equities , currencies , bonds and bonds are done .
There are small as well as large financial markets available .
The stock market is also an example of a financial market as it enables the investors to sell and buy shares of the companies .
For tax reporting purposes, companies typically transfer more of the asset’s cost from the balance sheet to the income statement in the earlier years of the asset’s life. This is called accelerated depreciation and it is a benefit to the company. Thus, companies record deferred tax assets (benefits) for this accelerated depreciation. True/False
Answer:
False
Explanation:
Depreciation is a standard expense, which is based on consistent formula of depreciation used by organisation, it can be straight line, double declining as per the company's choice.
But the formula has to be consistent.
Also, a company charges depreciation as per US GAAP in financial statements which do not allow the company to charge high depreciation in initial years and then claim a deferred tax asset.
Therefore, the statement is:
False
Sheila and Vickie are sisters who enter into a contract to buy a vacation property. The sisters get into a dispute, and Vickie no longer wants any part of the deal. However, Sheila talks her younger brother Joe into replacing Vickie on the contract. Vickie agrees to the substitution. This is an example of _____________.
Answer:
The correct answer is Novation.
Explanation:
Innovation represents all those transformations that introduce originality and novelty, usually develop more frequently in the economic context, especially when companies implement new products or services that become successful within the market, prevailing in it through advertising.
Innovation is a technique that can solve problems or shortcomings, which can be done through improvement and not just the creation of something new.
Henry, the vice president of Walnut Corp., has observed that the sales team and the marketing team are often fighting over shared resources after the company encountered a financial crisis. This scenario illustrates the concept of _____.A) team cohesivenessB) team synergyC) team autonomyD) team conflict
Answer:
The correct answer is A) team confict
Explanation:
You can talk about team conflict when there is a problem in the team that affects results or they are not able to work in an optimun way.
Team cohesivness is when the members work together and united in the pursuit of a common goal.
Team sinergy is when the result of working together is better than the result of the work of all the members added when they work separated
Team autonomy is when a team can work without the incluence of an otside party
Licensing is perhaps the easiest method of entering into international trade. another method of entering international trade which can be relatively low risk, is _____________, which opens several levels of involvement to company.
Answer:
Another method of entering international trade which can be relatively low risk, is exporting.
Explanation:
After licensing, exporting is one of the smoothest ways to capture international markets. It involves sending goods and services from one country to another. It is considered to be relatively low-risk and it has multiple benefits attached to it. It enables business owners to discover new growth opportunities in an international market. It also helps in widening the target audience. Moreover, businesses with seasonal demand can balance out their sales by capturing different markets.
You manage a software development group with team members in North America, South America, and Asia. Your boss wants you to write a status report about your group's activities. You need key team members to contribute to the report, but doing so is challenging when team members are in so many different time zones. Which writing tool is likely to benefit you most on this project?
Answer:
Google Docs.
Explanation:
I think is the best option due to the time zone differences. Everybody can contribute writing something and save it, so other people can correct or continue typing online.
Answer:B
Explanation:
just got it right
Which resource management activity identifies and verifies that personnel are qualified for a particular position? A. Qualifying B. Planning C. Certification D. Credentialing
Answer:
D . Credentialing
Explanation:
It is usually carried out at the beginning of employment (initial application) and subsequently at regular intervals (re-election). The accreditation of suppliers or other organizations can begin before the purchase process and be repeated regularly.
Financial reports provide information that can reduce investors' uncertainty about the company's opportunities and risks, thereby raising the company's cost of capital.a)trueb)false
Answer:
False
Explanation:
The given statement is false Financial reports does not provide information that can reduce investors uncertainty about the company's opportunities and risks, thereby raising the company's cost of capital.
Financial report of a company contains balance sheet, income statement and discussion of the management. It also indicate company's financial health and earning potential. But it cannot reduce the risk of investors uncertainty.
Free cash flow describes the net cash provided by operating activities after adjusting for A : current liabilities. B : both capital expenditure and dividends paid. C : capital expenditures only. D : dividends paid only.
Answer:
The answer is B, both capital expenditure and dividends paid.
Explanation:
In the Statement os Cash Flow, cash provided by operating activities fails to take into account that a company must invest in a new property, plant, and equipment and must maintain dividends at current levels to satisfy investors.
Free cash flow describer the net cash provided by operating activities after adjusting for capital expenditures and dividens paid.
What does the statement "This note is legal tender for all debts, public and private" guarantee?
a) US currency is backed by gold.
b) US currency is backed by silver.
c) US currency is a way of obtaining legal credit.
d) US currency has value backed by the federal government.
Answer:
US currency has value backed by the federal government.
Explanation:
D. US currency has value backed by the federal government.
A new advertising agency serves a wide range of clients including manufacturers, restaurants, service businesses, department stores, and other retail establishments. The accounting system the advertising agency has most likely adopted for its record keeping in accumulating costs is:
A. Relevant costing.
B. Operation costing.
C. Job-order costing.
D. Process costing.
Answer:
C. Job - order costing
Explanation:
Job - order costing -
It is used by the organization , when the goods and services of the organization are readily identifies by separate batches or units .
The agency that will advertise accumulates its cost through the client .
The method of job - order costing is the most apt system for a non - manufacturing firms .
Hence , from the data of the question , the correct answer is ( C ) Job - order costing .
Salary Payable at the beginning of the month totals $ 20 comma 000. During the month, salaries of $ 120 comma 000 were accrued as expense. If ending Salary Payable is $ 14 comma 000, what amount of cash did the company pay for salaries during the month?
Answer:
Salaries paid during the month were $126,000
Explanation:
Given:
Beginning salary payable = $20,000
Salary expense accrued during the month = $120,000
Ending salary payable = $14,000
Salaries paid during the month is computed as shown below:
Salaries paid = (Beginning salary + Accrued salary expense) - ending salary payable
= (20,000 + 120,000) - 14,000
=$126,000
Therefore, salaries paid during the month were $126,000.
Jorge Martinez is a well-educated entrepreneur who operated a small business in his home country of Florentina. At the encouragement of his American relatives, Jorge recently immigrated to the United States and applied for U.S. citizenship. "In Florentina, tax rates were very high," Jorge complained. "The government used the taxes I paid to finance all sorts of social programs to help the less fortunate. While this is a noble goal, it has really undermined the profit incentive of individuals such as me. I really feel that these high taxes have stifled economic growth." Jorge's comments illustrate the reason many socialist countries are experiencing a(n):
Answer:
brain drain
Explanation:
According to my research on economy and politics in certain countries, I can say that based on the information provided within the question these comments illustrate the reason many socialist countries are experiencing a brain drain. When speaking in terms of population and immigration, this term refers to the emigration of highly trained or qualified people from a particular country to another.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Electronic funds transfers ________. a) are a way of moving cash by paper documents b) do not appear on the bank statement c) include direct deposits and debit card transactionsd) are more expensive than mailing a check to make a payment
Answer:
The correct answer is c) Include direct deposits and debit card transactions.
Explanation:
Electronic Fund Transfers (EFT) is an electronic transaction that moves money from one account to another. The accounts can be from the same institution of from different ones, and are processed through the Automated Clearing House (ACH). The ACH is a system that connects all the financial institutions in the United States.
EFTs are paper free and do not need human intermediaries to go through with a transaction. These can be done through direct deposits, wire transfers, debit cards, electronic checks, ATMs, personal computer banking and others.
Electronic funds transfers include activities such as direct deposits and debit card transactions, which are recorded on a bank statement and offer a cost-effective way of transferring funds without the use of paper documents. So, option c is correct.
Electronic funds transfers include direct deposits and debit card transactions. Unlike mailing a check, these transfers do not rely on paper documents and typically occur more quickly and at lower cost. When you use a debit card, you are instructing your bank to transfer money directly from your bank account to the seller immediately, without the need to write a check or handle cash. Additionally, these transactions are recorded on your bank statement, allowing you to keep track of your expenditures and the movement of funds in and out of your account.
It is important to note that neither debit cards nor credit cards are considered money; rather, they are tools that facilitate the transfer of money that already exists within your banking system. Moreover, specialized cards issued by institutions like colleges that allow students to make purchases can be considered part of the money supply to the extent that they represent funds that have been deposited and are available for transactions.
The process of attempting to determine all cost elements such as acquisition price, purchasing administration, follow-up, expediting, inspection and testing, rework, scrap, downtime, lost sales and customer returns is called:
a. total cost of ownership.
b. activity-based costing.
c. target pricing.
d. competitive bidding.
e. learning curve.
Answer: Total cost ownership
Explanation: Total cost ownership is a kind of financial estimate that is used by the buyers and the owners to determine the total indirect and direct cost of a commodity produced or purchased.
It includes all the expenses that are incurred to make the product ready for use to the final customer. It involves a series of activities that is performed by the producer to ready the product.
Hence from the above we can conclude that the correct option is A.
At the end of a recent year, Jefferson Cleaning Service, a full-service house and office cleaning service, had total assets of $ 6 comma 280 and equity of $ 3 comma 380. How much were Jefferson Cleaning Service's liabilities?
Answer:
Jefferson Cleaning Service's liabilities: 2,900
Explanation:
Accounting Equation Formula
Assets = Liabilities + Owner's Equity
Asset – Owner's Equity = Liabilities
In Jefferson Cleaning Service`s case:
Liabilities = 6,280 – 3,380
Liabilities = 2,900
Final answer:
Jefferson Cleaning Service's liabilities add up to $2,900, calculated by subtracting equity from the total assets, using the accounting equation Liabilities = Assets - Equity.
Explanation:
To determine the amount of Jefferson Cleaning Service's liabilities, we use the basic accounting equation:
Assets = Liabilities + Equity
Given that the total assets are $6,280 and the equity is $3,380, we can find the liabilities by rearranging the equation:
Liabilities = Assets - Equity
So, the liabilities of Jefferson Cleaning Service are calculated as follows:
Liabilities = $6,280 - $3,380
Liabilities = $2,900
Therefore, Jefferson Cleaning Service's liabilities amount to $2,900.