Malcolm was involved in an auto accident. He was judged to be 20% at fault in the accident and the other party was judged to be 80% at fault. Malcolm’s actual damages were $40,000. Under a pure comparative negligence rule, how much will Malcolm receive for his injuries?

Answers

Answer 1

Answer:

Malcom will receive $32,000 for this injurires.

Explanation:

According the data Malcolm’s actual damages were in the accident were $40,000, and the other party was judged to be 80% at fault in the accident.

Therefore in order to calculate how much will Malcolm receive for his injuries, we have the make the following calculation:

$40,000 * 0.8 = $32,000

Hence, Malcom will receive $32,000 for this injurires.

Answer 2

Answer:

Malcolm  would receive $32,00 for his injuries

Explanation:

The damages is $40,000 from which the beneficiary of the damages,Malcolm is to foot 20%,hence is expected to receive 80% of the damages from the judgement debtor.

The amount of cost that Malcolm would personally bear is $8000,(20%*$40,000) while receiving the balance of $32,000($40,000-$8000) from the other party,this is the  sharing arrangement for damages under the comparative negligence rule as damages is meant to be awarded depending on the level of the beneficiary level of contributory negligence to the accident.


Related Questions

Which of the following is true? a. If using the double-declining-balance the total amount of depreciation expense during the life of the asset will be the highest. b. If using the units-of-production method, it is possible to depreciate more than the depreciable cost. c. If using the straight line method, the amount of depreciation expense during the first year is higher than that of the double-declining-balance. d. Regardless of the depreciation method, the amount of total depreciation expense during the life of the asset will be the same.

Answers

Answer:

d. Regardless of the depreciation method, the amount of total depreciation expense during the life of the asset will be the same.

Explanation:

Depreciation can be defined as the reduction of cost of a fixed asset systematically until the value of the asset becomes zero.

In Accounting, regardless of the depreciation method, the amount of total depreciation expense during the life of the asset will be the same.

However, using a particular depreciation method affects the amount of depreciation expense of an asset charged in each year.

"Jack is getting ready to retire. He has a salary of $100,000 and is saving 15% annually in his 401(k) plan and he just made his last principal and interest monthly payment on his mortgage of $2,350. His home is now debt free. What would you recommend regarding a wage replacement ratio, assuming he wants to maintain his lifestyle. "

Answers

Answer:

Explanation:

Wage replacement ratio is the ratio of a person's gross income after retirement divided by his gross income before retirement.

We use the given information to asses his spending on his lifestyle

Salary = 100000

Saving = 15% of 100000 = 15000

Mortgage payment = 2350

The amount spent on lifestyle = 100000 - 15000 - 2350

= 82650

Thus considering only the available information  

Wage replacement ratio = 82650/100000 = 82.65%

Hence,

among the given option

Jack must have 80% wage replacement ratio

As the winter holiday season was approaching, Margie decided to give each team a window display or an indoor display to decorate. She gave minimal instructions about how to do the displays but was firm on the deadline and also explained that it was not a competition. Margie really wanted the different teams throughout the store to have fun and get in the spirit. Margie was trying to instill:

a.competence.
b.relatedness.
c.responsibility.
d.autonomy.
e.relationships.

Answers

Answer:

The answer is autonomy (Option D)

Explanation:

Autonomy in human resource management refers to the level or degree of discretion and freedom which an employee is permitted to exercise when performing his/her job.  In other words, it means granting employees the freedom on how to approach work.  

A manager or superior like Margie (in the question) who gives employees autonomy simply gives minimal instruction on what needs to be achieved but allows the employees to go about the job in ways that best suit them.

A company that uses a perpetual inventory system purchased inventory on account and later returned goods worth $500 to the vendor. Which of the following would be the correct journal entry to record these returns?
A) Debit Purchase Returns $500; credit Accounts Payable $500B) Debit Accounts Payable $500; credit Merchandise Inventory $500C) Debit Merchandise Inventory $500; credit Accounts Payable $500D) Debit Accounts Payable $500; credit Purchase Returns $500

Answers

Answer:

B) Debit Accounts Payable $500; credit Merchandise Inventory $500

Explanation:

For recording the returned inventory using the perpetual inventory, the journal entry is shown below:

Account payable $500

         To Merchandise inventory $500

(Being the returned inventory is recorded)

For recording this, we debited the account payable as it decrease the current liabilities and at the same time it decreased the assets also so the merchandise inventory is credited

Final answer:

To record the return of inventory worth $500 in a perpetual inventory system, the correct journal entry is to debit Accounts Payable and credit Merchandise Inventory, reflecting a decrease in both liability and assets.

Explanation:

The student's question about recording the return of inventory is rooted in fundamental accounting practices within a perpetual inventory system. In such a system, the appropriate journal entry to record the return of goods purchased on account with a value of $500 would be as follows:

B) Debit Accounts Payable $500; credit Merchandise Inventory $500

Why? Because when inventory is returned, the company no longer owes the vendor for those goods, so the liability (Accounts Payable) decreases. At the same time, the asset (Merchandise Inventory) that was previously increased upon purchase is now reduced because those items are no longer in the company's possession.

Alfred, an architect at Abode Inc., uses the term "spatial organization" while communicating to his client. The client is unable to understand the term used by Alfred because he does not have any experience in the field of architecture. In this scenario, the term "spatial organization" exemplifies _____

Answers

Answer:

Jargon

Explanation:

Based on the scenario being described within the question it can be said that the term "spatial organization" exemplifies Jargon. This term refers to any and all specialized terminology associated with a specific field or area of expertise. It is usually used between individuals of the same field who understand the word's meaning in a certain context, since those outside of the field may not understand it.

Suppose that the Federal Reserve conducts open market operations by purchasing $1,000 worth of government securities from Bank A. As a result, Bank A finds itself with $1,000 in excess reserves that it lends out and those funds end up in Bank B. What dollar value goes in banks (A) and (B), respectively?.

Answers

Answer:

$100 in bank A

$900 in bank B

Explanation:

Since the required reserve ratio is 10%, then bank A can lend up to 90% of the funds to bank B, and must keep the remaining 10%.

bank A = $1,000 x 10% = $100bank B = $1,000 x 90% = $900

If bank B borrowed the money to another client, then they would be able to borrow $900 x 90% = $810, and they should keep $90 as reserves.

Which of the following are advantages and characteristics of hot working relative to cold working (three correct answers):
a. Fracture of workpart is less likely
b. Friction is reduced
c. Increased strength properties
d. Less overall energy is required
e. Lower deformation forces are required F. More significant shape changes are possible

Answers

Answer:

(a), (e), (f)

Explanation:

A)Fracture of workpart is less likely

E) Lower deformation forces are required F). More significant shape changes are possible

Suppose you're in charge of establishing economic policy for this small island country. Which of the following policies would lead to greater productivity in the fishing industry? Check all that apply. Encouraging saving by allowing workers to set aside a portion of their earnings in tax-free retirement accounts Sharply increasing the interest rate on student loans to people pursuing advanced degrees in fishing Offering free public education to every worker in the country Imposing restrictions on foreign ownership of domestic capital

Answers

Answer:

Encouraging saving by allowing workers to set aside a portion of their earnings in tax-free retirement accounts

Explanation:

Productivity increases when human capital increases due to higher education and training, when physical capital increases due to higher investments or when new technological breakthroughs increase productivity.

By encouraging savings, investments will increase as well as physical capital which results in an increase in productivity.

Select the sentence that is completely correct. Most American cars are delivered fob Detroit; however, imports are not. Most American cars are delivered f.o.b. Detroit; however, imports are not. Most American cars are delivered fob Detroit, however imports are not.

Answers

Answer:

Most American cars are delivered f.o.b. Detroit; however, imports are not.

Explanation:

The completely correct sentence is;

Most American cars are delivered f.o.b. Detroit; however, imports are not.

Fob is an acronym for free on board, hence it should have "dots" in between.

Semicolon indicates a pause or that an explanation continues, as it joins two (2) independent clauses.

Final answer:

The correct sentence is: "Most American cars are delivered f.o.b. Detroit; however, imports are not." This sentence is grammatically accurate, uses the correct format for the abbreviation "f.o.b.", and appropriately separates clauses with a semicolon.

Explanation:

The sentence that is completely correct according to English grammar and punctuation rules is: "Most American cars are delivered f.o.b. Detroit; however, imports are not." The term "f.o.b." is an abbreviation for "free on board," a term in international commerce that means the seller has delivered the goods when those goods pass the ship's rail at the named port of shipment. Adding periods after each letter in an abbreviation and separating independent clauses with a semicolon are both correct English writing conventions.

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2) The primary deficit is equal to A) the amount by which government purchases, transfers, and net interest exceed tax revenues. B) the amount by which government purchases and transfers exceed tax revenues. C) the deficit plus net interest payments. D) total tax revenues minus net interest minus government expenditures.

Answers

Answer:

B. the amount by which government purchases and transfers exceed tax revenues.

Explanation:

Primary deficit is the borrowing requirements of government excluding interest. It is the addition of government purchases and transfers less tax revenues. It is the amount by which spending exceeds money received in form of revenues.

Mathematically

Primary Deficit = Government purchases + transfers - tax revenues.

Primary deficits is different from deficits as net interest isn't added.

what is partnership business?​

Answers

Answer:

when you are in a pare working together

Explanation:

Answer:

Partnership business is a type of business in which two individuals share the profits and management for the sake of increasing business.  

Explanation:

There is formal contract between two parties so that they work with each other to get huge amount of profit.

Suppose that an economy produces 2400 units of output, employing the 60 units of input, and the price of the input is $30 per unit. refer to the information above. the per-unit cost of production is: $0.50 $0.75 $2.00 $0.25

Answers

Answer:

cost per unit = $0.75

Explanation:

The cost per unit of production

= Total cost of inputs used / Number of units produced

= ($30× 60)/2,400 units

=$0.75

We have simply done is to spread the total cost of the product the over the number of units

Money market mutual funds
a.are very risky investments.
b.require significant investments, so are out of reach of the common investor.
c.carry no loads.
d.none of the above.
e.Both are very risky investments and require significant investments, so are out of reach of the common investor are correct.

Answers

Answer:

c. carry no loads.

Explanation:

They are also called as the mutual funds and are open-ended mutual fund investments in short debit security as the U.S treaty bills and the commercial papers. They are made with the goal of maintaining high stable assets values by liquid investments. Regulated by the investments company act of the U.S of 1940, are important providers of the liquidity to the financial institutions.  These funds seek to limit the exposure of the losses due to the credit, market, and liquidity risks.

What are the Countries in stage 2 of the demographic transition model

Answers

Answer:

there are a number of countries that remain in Stage 2 of the Demographic Transitionfor a variety of social and economic reasons, including much of Sub-Saharan Africa, Guatemala, Nauru, Palestine, Yemen and Afghanistan.

C) Nigeria is most likely to be in Stage 2 of the demographic transition model.

Let's analyze the given options:

A) Japan - Japan is actually in Stage 5 of the DTM. It has very low birth rates and an aging population, with population decline being a significant issue.

B) United States - The United States is in Stage 4 of the DTM. It has low but stable birth and death rates, and its population grows slowly mainly due to immigration.

C) Nigeria - Nigeria is a developing country with a high birth rate and declining death rate, making it most likely to be in Stage 2 of the DTM. Much of Sub-Saharan Africa, including Nigeria, fits this description.

D) Germany - Germany is in Stage 5 of the DTM. Similar to Japan, it experiences low birth rates and an aging population, resulting in population decline.

Complete question-

Which of the following countries is most likely to be in Stage 2 of the demographic transition model?

A) Japan

B) United States

C) Nigeria

D) Germany

The interaction between information systems and organizations is:_____________
1. primarily guided by the decision making of middle- and senior-managers.
2. a complex, two-way relationship mediated by factors such as the environment and organizational structure.
3. is driven by the microeconomic forces of capital and labor.
4. successfully managed when the organization's existing culture and goals are seen as the driving force.

Answers

Answer:

The correct answer is 2

Explanation:

Information system is the system which aims to support the operations, decision making and management of the organization. The system of organization is created or established in order to process, store, collect as well as distribute the information.

Organizations are those who uses the information system.

So, the interaction among the organizations and information system is the complex procedure, involve two way relationship which is mediated through factors like the structure of organization and environment.

Final answer:

The interaction between information systems and organizations is complex and mediated by numerous factors, including organizational structure and external environment, with the decision-making process playing a critical role.

Explanation:

The interaction between information systems and organizations is a complex, two-way relationship mediated by factors such as the environment and organizational structure. It includes human software interactions in complex automated systems, especially the decision-making processes of workers as they are supported by the software system. This interplay is not solely guided by the decision-making of middle- and senior-managers, nor is it driven purely by microeconomic forces of capital and labor. Furthermore, though the existing culture and goals of an organization are important, they are not the only driving force behind the successful management of this interaction. The world of making decisions and processing in economics is heavily influenced by how well and how fast information disseminates through a society, resembling the deep and liquid markets operating under conditions of perfect information.

An American office manager working in South Korea asks his subordinates to treat him as an equal. In South Korean culture there is traditionally deference from subordinates. The office manager is experiencing a difference in _________.

Answers

Final answer:

The American office manager in South Korea is facing differences in cultural norms, specifically in traditional expectations of workplace behavior and respect, due to contrasting power distance beliefs between the two countries.

Explanation:

The American office manager working in South Korea is experiencing a difference in cultural norms and workplace behaviors. In South Korean culture, there is a traditional expectation of deference from subordinates to their superiors, which is rooted in the country's high power distance culture.

This contrasts with the more egalitarian or low power distance approach prevalent in the United States, where subordinates may be encouraged to treat and view their managers as equals. The manager's request for his subordinates to treat him as an equal may create confusion or discomfort due to these conflicting cultural expectations regarding authority, respect, and workplace dynamics. Understanding these differences is crucial for effective cross-cultural communication and management strategies.

In a cost reconciliation schedule, costs accounted for is computed by adding the cost of the beginning work in process and the cost of units transferred out. ending work in process and the cost of units started into production. beginning work in process and the cost of ending work in process. ending work in process and the cost of units transferred out.

Answers

Answer:

ending work in process and the cost of units transferred out.

Explanation:

In a cost reconciliation schedule, costs accounted for is computed by adding the cost of the ending work in process and the cost of units transferred out.

The cost reconciliation schedule gives the relationship between total costs accounted for and total costs to be accounted for.

When the total costs accounted for equal the total costs to be accounted for, this is a cost reconciliation schedule.

Real GDP measures the ______ of production; nominal GDP measures the ______ of production. current dollar value; physical volume current dollar value; current dollar value current dollar value; market value physical volume; current dollar value

Answers

Answer:

Physical volume; current dollar value

Explanation:

Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.

Real GDP is GDP adjusted for inflation. It calculates physical volume. It is calculated using base year prices.

Nominal GDP is GDP calculated using current year prices.

I hope my answer helps you

Suppose canada has a population of 30 million people and a labor force participation rate of 2/3. furthermore, suppose the natural rate of unemployment in canada is 7%. if the current number of unemployed people is 1.4 million people, what can we conclude about canada's economy?

Answers

Answer:

There is no Cyclical Unemployment in Canada currently.

Explanation:

Labour Force Participation Rate is the proportion of people between working age group, currently working or seeking for job.

If Canada's population = 30 million people, labour force participation rate = 2/3rd. Then, people doing or seeking job in Canada = 2/3 (30) = 20 million.

Unemployment is when people able & willing to do job (labour force participants) don't get job.

Unemployment rate is determined as percentage of people from the labour force, unable to get a job. Here, = (1.4 / 20 ) x 100 = 0.07 i.e 7%

So, we can say that Canada's current unemployment is only natural (structural & fictional unemployment). There is no cyclical unemployment.

Many companies use celebrities or professionals in their advertisements. Which step of the communication process is represented? A. determining the communication objectives B. designing a message C. choosing the media D. selecting the message source E. collecting feedback

Answers

Answer:

The correct answer is letter "D": selecting the message source.

Explanation:

Message sources are characters a company may select at the moment of creating an advertising campaign. The character is usually related to the message the firm attempts to deliver in the promotion but it needs this persona to attract the target audience faster. Celebrities, experts, actors, or models are typically selected for such purposes.

Your neighbor asks you to invest $500 at 5 percent interest in her catering business. She insists that with all the working parents in the neighborhood, a business that provides home-cooked meals has the potential for making huge profits. You want to invest but are concerned because your neighbor has not had any business experience. How can you offset your risk?

Answers

Answer: Ask for a higher interest rate

Explanation:

The best way to offset the risk is to ask for a higher interest rate which is more than the five percent that is proposed by my neighbor.

Even though I want to invest in her catering business, her lack of experience in the catering business is of concern to me, hence, I've to settle for a higher percentage than the percentage which she proposed.

Janice works as a consultant for a tech company. In the past, the company has relied heavily on its toll-free line to sell new products, as well as its numerous distribution channels. When customers are polled via a customer satisfaction survey, 93 percent of them report that one of the primary reasons they have continued to support the company is because of its quality customer service. Janice has been asked to brainstorm strategies to increase company sales. She suggests that the company employs automatic merchandising to cut costs and boost profits. Why might automatic merchandising be a bad idea for thsi company?
A. Distribution for automatic mercahndising is limited.
B. Automatic merchandising is archaic.
C. Automatic merchandising sales are impersonal.
D. It is too costly to maintain automatic merchandising around the clock.
E. It is difficult to develop effective marketing strategies for automatic merchandising.

Answers

Answer:

Option C.

Explanation:

Automatic Merchandising  refers to the way in which the selling of merchandise is carried out through the use of vending machines.

Automatic Merchandising can also referred to as automatic selling and it saves the company from incurring cost of labor, involving a third party directly and so on.

However, this method might be the wrong strategy to be used in the company Janice works for. This is due to the fact that the company's customers are still loyal to the company because of the quality customer service. The quality customer service that the company offers will therefore, cease to exist if the company switched to Automatic Merchandising, because sales through this method are impersonal.

Answer:

C) Automatic merchandising sales are impersonal.

Explanation:

Since 93% of the company's customers state that they value the high quality of the firm's customer service system, if you eliminate it, many of them might feel that the company does not care about them and that the whole company's quality is decreasing. A large portion of the company's sales are made through a toll free number and replacing a human salesperson with a machine is not always the best idea.

Many times it depends on what type of products you sell and who is your target market. Some products do not need a lot of explaining, but others do.  By eliminating customer service and replacing it with an automated service, you might save money but it will negatively affect the whole company.

The NEC® arose as a consensus of more than 1200 individuals primarily to ____.

a.standardize price
b.schedules combat a growing
c.epidemic of electrical fires
d.standardize equipment use as a marketing tool

Answers

NEC arose to:

d.standardize equipment use as a marketing tool

Explanation:

NEC Corporation is a multinational IT and Electronics firm that is based out of Japan.

It was started in the 60s as Nippon Electric company ltd. but it re branded itself to name NEC in 1983.

It is responsible for the standardization of equipment as their USP and their prime marketing tool and made it a standard industry practice to do so as of now.

Their impact on the whole industry has been immense.

The NEC® was developed to address safety concerns, specifically to prevent electrical fires, by establishing a set of widely recognized electrical standards, correct answer is option c.

The NEC® (National Electrical Code) arose as a consensus of more than 1200 individuals primarily to combat a growing epidemic of electrical fires.

The NEC®'s principal aim is to set standards for safe electrical installation and maintenance to protect people and property from hazards arising from the use of electricity.

Alongside safety, the NEC® also plays a role in ensuring energy efficiency and reliability, reflecting changes in equipment use patterns and promoting efficiency standards, much like the CEC's efforts in regulating appliance efficiency and transforming utilities' approach to energy sales and consumption.

If quick response allows multiple orders in the season:___________.
1. profits increase and the overstock quantity decreases.
2. profits decrease and the overstock quantity increases.
3. profits decrease and the overstock quantity decreases.
4. profits increase and the overstock quantity increases

Answers

Answer:

1. profits increase and the overstock quantity decreases.

Explanation:

Quick response entails frequent requisites in smaller batches. Frequently increases profits and Smaller batches decreases overstock quantity.Thus,  profits increase and the overstock quantity decreases.

Final answer:

Quick response systems in business operations tend to increase profits by reducing excess inventory and associated costs, leading to optimal stock levels that match customer demand.

Explanation:

If quick response allows multiple orders in the season, the most likely outcome would be that 1. profits increase and the overstock quantity decreases. Quick response systems allow businesses to react swiftly to changes in demand, replenish stocks based on actual sales data, and reduce lead times. This ability to rapidly adjust inventory levels to meet actual customer demand typically leads to a reduction in excess inventory and related holding costs, thus improving profitability while lowering the risk of overstocking.

In terms of supply and demand, when a company efficiently manages its inventory with a quick response approach, the supply chain becomes more dynamic and responsive. It aligns more closely with the shifts in market demand. The supply does not drastically exceed demand which would otherwise decrease the equilibrium price and leave a surplus (overstock).

The payroll register of Heritage Co. indicates $4,200 of social security withheld and $1,050 of Medicare tax withheld on total salaries of $70,000 for the period. Federal withholding for the period totaled $15,350. Retirement savings withheld from employee paychecks were $2,800 for the period. Provide the journal entry for the period's payroll. If an amount box does not require an entry, leave it blank.

Answers

Answer:

the journal entry should be:

Dr Salaries expense 70,000

    Cr FICA - Social security taxes payable 4,200

    Cr FICA - Medicare taxes payable 1,050

    Cr Employee federal income taxes withheld payable 15,350

    Cr Retirement saving withheld from employees payable 2,800

    Cr Salaries payable 46,600

Explanation:

If the company was to journalize their payroll taxes expense:

Dr Payroll tax expense 5,250 + (depends on FUTA and SUTA taxes)

    Cr FICA - Social security taxes payable 4,200

    Cr FICA - Medicare taxes payable 1,050    

    Cr State unemployment taxes (SUTA) payable (varies depending on salaries)

    Cr Federal unemployment taxes (FUTA) payable (varies depending on salaries)

Final answer:

To create a journal entry for Heritage Co.'s payroll, debit the Salaries Expense with $70,000 and credit respective payable accounts with the amounts withheld (Social Security Payable - $4,200, Medicare Payable - $1,050, Federal Withholding Payable - $15,350, and Retirement Savings Payable - $2,800). These figures represent the employees' contributions.

Explanation:

The question asks for a journal entry for Heritage Co.'s payroll for a specific period, given certain details. Here's how to record it:

Salaries Expense - $70,000 ($4,200 for Social Security, $1,050 for Medicare, $15,350 for federal withholding, and $2,800 for retirement savings) To Social Security Payable - $4,200 To Medicare Payable - $1,050 To Federal Withholding Payable - $15,350 To Retirement Savings Payable - $2,800

The journal entry above shows the employer’s record of the payroll expenses and the relevant liabilities. Note that these figures are in relation to employee deductions - they do not include the employer’s contribution to Social Security, Medicare and any other benefit which usually match the employee's contribution.

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Macy Corporation's relevant range of activity is 5100 units to 11,500 units. When it produces and sells 8300 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 5.00 Direct labor $ 3.45 Variable manufacturing overhead $ 1.45 Fixed manufacturing overhead $ 3.80 Fixed selling expense $ 1.40 Fixed administrative expense $ 0.95 Sales commissions $ 1.35 Variable administrative expense $ 0.85 If the selling price is $27.00 per unit, the contribution margin per unit sold is closest to:

Answers

Answer:

Contribution margin per unit= $14.9

Explanation:

Giving the following information:

Variable costs:

Direct materials= $5

Direct labor= $3.45

Variable manufacturing overhead= $1.45

Sales commissions= $1.35

Variable administrative expense= $0.85

Total variable cost= $12.1

The selling price is $27.00 per unit

The contribution margin is the result of deducting from the selling price all the unitary variable costs.

Contribution margin per unit= 27 - 12.1

Contribution margin per unit= $14.9

Final answer:

The contribution margin per unit can be found by subtracting the total variable costs per unit from the selling price per unit.

Explanation:

Contribution Margin is calculated as the difference between the selling price per unit and the variable costs per unit. In this case, the selling price per unit is $27.00, and the total variable costs per unit sum up to $13.85 ($5.00 + $3.45 + $1.45 + $0.85 + $1.10 = $13.85). Therefore, the contribution margin per unit sold is $27.00 - $13.85 = $13.15.

Adkins Company is hired on December​ 15, 2018 to perform​ services, beginning on December​ 16, 2018. Under this​ agreement, Adkins will earn $ 4 comma 000 monthly and receive payment on January​ 15, 2019. What amount of service revenue should be recorded for the year ending December​ 31, 2018?

Answers

Answer:

$2,000

Explanation:

The amount which is to be recorded for the service revenue for the month of the December 2018 is computed as:

Service revenue = Monthly Salary / Number of days in the month of December × Number of days from being hired

where

Monthly salary is $4,000

Number of days in the month of December is 30 days

Number of days from being hired is 15 days (From 15 December to 30 December)

Service revenue = $4,000 / 30 days × 15 days

Service revenue = $133.33 × 15 days

Service revenue = $1999.95 or $2,000

Therefore, the service revenue for the month of December amounts to $2,000.

________ Trends :Toward the pervasive use of the Internet, enterprise intranets, and interorganizational extranets to support electronic business and commerce, enterprise collaboration, and strategic advantage in local and global markets.

Answers

Answer:

Application Trends

Explanation:

The widespread impact of the internet, enterprise intranets, and inter-organizational extranets have been a key factor in the support and success of businesses in local and global markets.

The use of applications in business for different unique activities greatly enhanced production, analysis, evaluations, support and quality delivery in businesses. The use of the internet and other technological infrastructures have enhanced enterprise collaboration, strategic advantage, and commerce in local and global markets.

Final answer:

The question explores trends and technological advancements, including virtualization, botnets, and the Internet of Things (IoT), that influence the pervasive use of the Internet in business, commerce, and social interactions. These developments have revolutionized how businesses operate and how individuals interact, leading to a digitally engaged society.

Explanation:

The question revolves around trends toward the pervasive use of the Internet, enterprise intranets, and interorganizational extranets to support electronic business and commerce, enterprise collaboration, and strategic advantage in local and global markets. The Internet, as a global system of interconnected computer networks, plays a critical role in today's digital world, allowing for communication and information sharing across various domains. It has led to the creation of virtual environments where information is gathered, shared, and engaged with. Important aspects of the Internet include the World Wide Web and social media, which have become central to our digital interactions.

Technological advancements and the development of the Internet have dramatically influenced social interactions, commerce, and the way businesses operate. Innovations such as virtualization, botnets, and the Internet of Things (IoT) are just a few examples of emerging technologies shaping our future. These technologies not only provide new opportunities for businesses and consumers but also present challenges in terms of security, privacy, and ethical considerations.

The convergence of the Internet with personal electronics like smartphones and the development of cell phone networks capable of handling data traffic have further integrated the Internet into our daily lives. This integration supports the notion that we are moving towards a more connected and digitally engaged society, which relies on the Internet for social purposes, including personal media and social media interactions. Therefore, understanding these trends and technologies is critical for gaining strategic advantages in local and global markets.

The first step in problem solving is to:

A. propose as many cost-effective solutions as possible.
B. discuss and document individual views until everyone agrees the nature of the problem.
C. evaluate team resources to ensure problem can be solved.
D. evaluate individual resources to ensure the problem can be solved.

Answers

Answer:

The correct answer is B

Explanation:

Problem solving is the act which states or defines the problem, identifying, determining the problem cause, choosing the alternatives for the solution, prioritizing and executing the solution.

The problem solving involves or comprise of the four stages of the team which are performing, storming, forming and norming. And the first or basic step comprise of the discussing as well as documenting the views of the individual until everyone agrees the problem nature.

The government of Wrexington, a country which has adopted American GDP accounting conventions, has calculated that the seasonally-adjusted market value of all final goods and servicesproduced within Wrexington in quarter 1 was $5 billion. The government will report that GDP in quarter 1 was a.$1.25 billion at an annual rate.b.$4 billion at an annual rate.c.$5 billion at an annual rate.d.$20 billion at an annual rate

Answers

Answer:

d.$20 billion at an annual rate

Explanation:

As $5 billion was quarter 1 market value of final goods and services produced,the annual rate will be $5*4=$20 billion annually

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