Answer:
You want to learn about the Ferris–wheel riding habits of people, so you ask those leaving a theme park, “How many times did you ride the Ferris wheel today?”
Is the question a statistical question? Explain why or why not yomahama
Explanation:
_________ involves reviewing the project charter, requirements documents, and organizational process assets to create a scope statement, adding more information as requirements are developed and change requests are approved.
a. Creating scopeb. Defining scopec. Controlling scoped. Validating scope
Answer:
The correct answer is B
Explanation:
Defining the scope means all the work which is required to be completed in order to accomplish the objectives or goals of the project. In short, it comprise of the procedure of documenting, reviewing and the identifying the particular goals of the project, tasks, timeline dates, outcomes and costs to the objective of the project.
Therefore, the defining scope comprise of the process of organizational, reviewing the project charter and documents in order to establish the scope statement adding information as the requirements are developed.
Meatpackers, Inc., enters into a contract with Nevada Ranch for the delivery of a certain number of beef cattle on a set schedule. The ranch delays the first delivery for five days, aware that Meatpackers loses a certain percentage of profit each day. An award to Meatpackers of consequential damages would
Answer:
Provide the buyer with funds for a foreseeable loss beyond the contract
Explanation:
Consequential damages in contracts is different from incidental or actual damages because it causes a loss that impacts the business of the other party beyond the contract horizon, when the opposite party fails to fulfill his side of the contractual obligations.
In the scenario, Nevada's failure to deliver within agreed contractual timing is not just delaying the time of Meatpackers but as a consequence, is also causing them loss in money terms which will impact their business beyond the contract horizon.
Hence an award of consequential damages to Meatpackers will provide the buyer with funds for a foreseeable loss beyond the contract.
Question Options:
a. establish, as a matter of principle, that the seller acted wrongfully.
b. punish the seller and deter others from similar acts.
c. provide the buyer with funds for a foreseeable loss beyond the contract.
d. provide the buyer with funds for its loss of the bargain.
Answer: An award to Meatpackers of consequential damages would provide Meatpackerswith funds for a foreseeable loss beyond the contract.
Meatpackers loses a certain percentage of profit each day as a result of the delay. The ideal thing to do is provide Meatpackers with an award for consequential damages which in turn would provide Meatpackerswith funds for a foreseeable loss beyond the contract.
Which of the following explains why a recipe is considered an algorithm?
A recipe gives different steps each time it is executed.
The person who uses the recipe will have less time to do other activities.
The dish created by a recipe is the same each time it is followed properly.
A recipe gives more complex tasks in each step.
Answer:
the dish created by a recipe is the same each time it is followed properly
Explanation:
The correct option here is option C : The dish created by a recipe is the same each time it is followed properly.
Why are other options wrong?A recipe gives different steps each time it is executed.All recipes have specific calculations done for each ingredients and cooking them in a specific way to ensure that the food is made to perfection.The above comparison done is called a simile.A figure of speech involving the comparison of one thing with
another thing of a different kind, used to make a description more emphatic or vividly.
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What are three economic reasons for corporate acquisitions and mergers?
Answer:The three main types of merger are horizontal mergers which increase market share, vertical mergers which exploit existing synergies and concentric mergers which expand the product offering.
Explanation:
Answer:
Insolvency – One reason a company might acquire another company is to gain its assets at a bargain price. If the acquiring company is not doing well, it is likely looking for a buyer to save them. This means that the acquiring company will be sold at a lower-than-market price.
To “go public” – Becoming the target of an acquisition is an alternative to issuing an Initial Public Offering (IPO). Instead of going through the expense and paperwork of going public, a larger company may buy the smaller company, paying the owners a large amount of money for its assets, business processes, and customers. This is a less complex way for entrepreneurs to cash in on the business they founded.
To combine assets – Many times, two businesses might discuss merging because each has an asset or business process that the other wants. This could be a lucrative customer list, a proprietary technology, or an excellent distribution system. In this case, the two companies issue an agreed-upon number of new stocks to shareholders with the new company’s name. The new stock would ideally have a higher market value than the original stock.
Explanation: plato
A larger, higher-resolution computer display can improve your business by
Question 3 options:
enhancing your productivity.
reducing eye strain.
speeding up processing.
improving your sound system.
Answer:
It can improve one's business by reducing eye strain
Explanation:
To begin with, resolution in computer display or a computer display resolution is all about how clearly a computer can display visual contents through its monitor. A higher resolution results in clearer display while a lower resolution gives a display that is not sharp.
When images are sharper, anybody using the computer would not have to strain his/her eyes (or get tired eyes) while viewing contents on the monitor. Thus a higher resolution computer improve business as users of such computers don't easily get tired eyes resulting from poor display.
Answer:
Enhancing your productivity
Explanation:
Chapter 26: Start Your Own Business
Grant argues that resources in efficient financial markets are equally available to all participants, but in industrial markets resources are "specialized, immobile, and long-lasting." What opportunity does he suggest that this disparity provides in industrial markets, but denies to financial markets?
Answer:
The opportunity was purchasing shares to specific customers.
Answer:
An opportunity for sustainable competitive advantage
Explanation:
Sustainable competitive advantage refers to the uniqueness that a business has that makes it stand out among its peers.
Among the key things that creates sustainable competitive advantage are strategic assets,distinct brands,low-cost advantage.
A company that has discovered a rear vaccine for a major disease may go ahead to patent it such that for a number of years a competitor is prevented from producing its kind.
Some companies' powerful brands gives them a strong edge when compared to other businesses because consumers naturally have a loyalty for such powerful brands.
Low cost advantage means the ability to produce at very low cost per unit which then translates to selling at a lower than competitor's price and gaining a larger market share
A firm has the following forecast information for sales of Product X: April 15,000 units May 17,000 units June 19,000 units July 18,000 units Product X sells for $3 per unit. Half of the firm's sales are for cash and the other half is on account. Credit sales are collected in the following pattern: 60% in the month of sale, 30% in the month following sale, and 5% in the second month following sale (the remainder are uncollectible). If the firm targets its ending inventories to be 25% of the following month's sales, what are the budgeted purchases (in units) for June
Answer:
18,750 units
Explanation:
A firm has the following forecast information for sales of Product X:
April 15,000 units
May 17,000 units
June 19,000 units
July 18,000 units Product X sells for $3 per unit.
Half of the firm's sales are for cash and the other half is on account.
Credit sales are collected in the following pattern: 60% in the month of sale, 30% in the month following sale, and 5% in the second month following sale (the remainder are uncollectible).
If the firm targets its ending inventories to be 25% of the following month's sales, what are the budgeted purchases (in units) for June .
Purchases Budget = Required production for sales - opening inventory of raw materials + closing inventory of raw materials = Raw materials required
June's Production Budget
Required production for sales = .............................................19,000 units
less: Beginning inventory (25% of June's sales) =............... 4,750 units
Add: Required Ending Inventory (25% of July's sales) = ...4,500 units
Raw materials required for purchase in June =.................. 18,750 units
Answer:
18,750 units
Explanation:
the firm estimates in monthly ending inventories at 25% of next month's sales:
ending inventory May = 19,000 x 25% = 4,750 units
units sold during June = 19,000 units
ending inventory June = 18,000 x 25% = 4,500 units
total purchases for June = 19,000 + 4,500 - 4,750 = 18,750 units
Sales forecast:
month units sold price p/ unit total sales cash credit
April 15,000 $3 $45,000 $22,500 $13,500
May 17,000 $3 $51,000 $25,500 $22,050
June 19,000 $3 $57,000 $28,500 $25,875
July 18,000 $3 $54,000 $27,000 $26,025
A(n) _____ is best used to depict the transformation of raw materials into finished goods and services along distinct vertical stages. A. forces model B. vertical alliance C. industry value chain D. horizontal alliance
Answer:
An force model B vertical alliance.
Livermore Industries uses a kanban system to manage production of the KR-9 subassembly. In a ten-hour day, they use 1500 units and use containers that can hold 50 units each. It takes 45 minutes to fill and move a container of parts to the right place on the KR-9 line that is currently rated at a 15% safety factor. How many production cards are needed
Answer:
3 cards are required since given problem statement states that 15% as safety factor.
Mona is induced by her guardian Newt to sign a contract to invest her student loan funds in OptiBank through Newt's investment firm. Unknown to Mona, Newt realizes a commission from the investment. Most likely, Mona may rescind the contract on the basis of:
A. ​undue influence.
B. ​fraud.
C. ​mistake.
D. ​duress.
Answer:
A. Undue influence
Explanation:
Undue influence in law of contract is when a person uses his or her position of power to take advantage over another person. It is an act of influencing the other party in a contractual relationship. There must be a relationship between both parties before undue influence can take place.
In law of contract, if a person is a victim of undue influence, the person has the right to rescind the contract provided same can be proven in a court of law.
Example of undue influence is when a person is not given parts of properties due to him or her in a family's will, whereas he or she is entitled to it.
Michael worked for a textile manufacturer during the first half of the 20th century. When the supply of his company's textiles exceeded customer demand, he realized that he would have to invest more money in advertising his products and go directly to his customers to convince them to purchase his products. Based on this scenario, Michael has most likely adopted the ________ orientation.
Answer:
sales
Explanation:
Based on the scenario being described within the question it can be said that Michael has most likely adopted the sales orientation. This term refers to a business approach that focuses on mainly persuading individual customers to purchase the company's product as opposed to understanding the customer's needs or marketing to a larger audience.
The three main goals of the World Trade Organization (WTO) are to help the free flow of trade, help negotiate the further opening of markets, and ________. Question 1 options: A) accelerate technological innovation B) fund small traders in developing nations C) settle trade disputes between its members D) measure the extent of globalization across the world
Answer:
The answer is C
Explanation:
________ involves the automatic tagging of unusual events in financial transactions and is used to spot mistakes and fraudulent activities. Group of answer choices Exception reporting Human capital management Compliance reporting Electronic data interchange
Answer:
Exception reporting
Explanation:
Exception reporting is a technique that is employed to identify unusual events and to try and identify mistakes in a financial transaction. Exception reporting is a technique that is used mostly by the audit companies to examine any discrepancies in the financial and accounting transactions. Moreover, exception reporting is done to force management attention towards frauds and spot mistakes.
Exception reporting involves the automatic tagging of unusual events in financial transactions and is helpful in spotting mistakes and fraudulent activities. This method becomes particularly useful in the field of business, where accurate decision-making is necessary to prevent incidents like data breaches.
Explanation:The automatic tagging of unusual events in financial transactions is referred to as Exception reporting. This system is utilized to detect errors and fraudulent activities within financial transactions. For instance, a study by Bruno & Abrahão (2012) demonstrated the effects of the volume of operator decisions on the accuracy of those decisions in a banking information security center. The research showed that operators made more mistakes with increased decision-making demands, often false identifying as real security breaches.
As such, exception reporting can play an essential role in preventing such errors and promoting accurate decision-making. Studies like this exemplify the intersection of attention, perception, human-computer interactions, and teamwork, within a significantly consequential business context. Applying this knowledge can prevent massive data breaches akin to the one experienced by Target in the fall of 2013.
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Charlie Chairs Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost categories, direct materials and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production. The company uses Weieghted Average Method.
Data for Department A for February 2015 are:
WIP, beginning inventory, 40% completed 200 units
Units started during February 800 units
WIP, ending inventory, 50% completed 100 units
Costs for Department A for Feburary 2015 are:
WIP, beginning inventory:
Direct Materials $150,000
Conversion Costs 200,000
Direct Materials costs added during February 600,000
Conversion costs added during February 425,000
What is the unit cost per equivalent unit of direct materials in Department A?
Answer: $3,250
Explanation:
DATA FOR DEPARTMENT A for February 2015 are:
WIP, beginning inventory, 40% completed 200 units
Units started during February 800 units
WIP, ending inventory, 50% completed 100 units
COST FOR DEPARTMENT A for Feburary 2015 are:
WIP, beginning inventory:
Direct Materials $150,000
Conversion Costs 200,000
Direct Materials costs added during February 600,000
Conversion costs added during February 425,000
THE UNIT COST PER EQUIVALENT UNIT of beginning inventory in Department A is:
---------------------------------mat----conv--------total
No of physical unit-----200 - - 200
% completed - - - - - - -100% - -40%
Equivalent unit Beg.
Inventory - - - - - - - - - 200------ 80
Total cost of Beg.
Inventory - - - - - -150,000--- 200,000
Cost per equivalent
Unit - - - - - - - - - - - $750 - - - - $2500 - - $3,250
The unit cost per equivalent unit of direct materials in Department A using the Weighted Average Method is $833.33, calculated by dividing the total direct materials cost of $750,000 by 900 equivalent units.
The unit cost per equivalent unit of direct materials in Department A, we need to use the Weighted Average Method. First, we combine both the costs of beginning work-in-process (WIP) and the costs added during the month for direct materials. This gives us a total cost of direct materials which is $150,000 (beginning inventory) + $600,000 (added during February) = $750,000. This total cost is then divided by the equivalent units of production.
Since direct materials are added at the beginning of production, all units, whether they are in beginning WIP, units started and completed during February, or in ending WIP, are considered 100% complete with respect to direct materials. So, the equivalent units for direct materials are the total units accounted for, which is the sum of units started during February and WIP beginning inventory, minus the units in ending WIP since they're already accounted for in the units started. This gives us 800 units started + 200 units from beginning inventory - 100 units in ending inventory = 900 equivalent units.
Now, we take the total cost of direct materials ($750,000) and divide it by the equivalent units (900 units) to get the unit cost per equivalent unit of direct materials: $750,000 / 900 units = $833.33 (rounded to two decimal places).
Considering the entire organization's operational efficiency is critical in coordinating international business activities, so global companies need to change their _____ strategies in an effort to respond to the global market.
Answer:
Product and marketing
Explanation:
One of the most critical aspects of competing in the domestic and international market is the way a company works. The operational efficiency is a factor that helps companies to take a competitive advantage over other competitors. Likewise, to achieve operational efficiency, companies must change and improve their product and marketing strategies. Product and marketing strategies can help to achieve product and operational efficiency.
The philosophy of producing a high-quality product or service and achieving quality in every aspect of the business and its relationship with the customer, with a focus on continuous improvement in the quality delivered to customers is ________.
Answer:
Total Quality Management (TQM)
Explanation:
The philosophy of producing a high-quality product or service and achieving quality in every aspect of the business and its relationship with the customer, with a focus on continuous improvement in the quality delivered to customers is Total Quality Management (TQM)
Total Quality Management (TQM): It is a continous process of detecting and reducing error from the process of producing goods and services. This help in maintaining quality of the product by improving process and training worker for better performance. It also help in improving customer´s experience.
There are several tools used in total quality management (TQM):
Continuous improvement.Six Sigma.Employee empowerment.Benchmarking.Just-in-time.Taguchi concept.Knowledge of TQM tools.Assume that securitization combined with borrowing and irrational exuberance in Hyperville have driven up the value of existing financial securities at a geometric rate, specifically from $4 to $8 to $16 to $32 to $64 to $128 over a six-year time period. Over the same period, the value of the assets underlying the securities rose at an arithmetic rate from $4 to $6 to $8 to $10 to $12 to $14. Instructions: Enter your answer as a whole number. If these patterns hold for decreases as well as for increases, by how much would the value of the financial securities decline if the value of the underlying asset suddenly and unexpectedly fell by $6
Final answer:
A $6 decrease in the underlying asset value would result in a $112 decline in the value of the financial securities.
Explanation:
If the value of the underlying assets in Hyperville fell by $6, dropping from $14 to $8, we need to determine how much the geometrically increased value of the financial securities would decline. These financial securities increased in value at a geometric rate, doubling each year, while the underlying assets increased at an arithmetic rate, going up by $2 each year.
Given the pattern of geometric growth, we would see the value of the securities divide in half for each $2 decrease in the underlying assets. So, a $6 decline in asset value would cause the securities to drop in value from $128 to $64 and then from $64 to $32 and finally from $32 to $16. Hence, the value of the securities would reduce by $112, from $128 to $16.
A company desires to sell a sufficient quantity of products to earn a profit of $280000. If the unit sales price is $16, unit variable cost is $12, and total fixed costs are $800000, how many units must be sold to earn net income of $280000?
Answer:
$270,000
Explanation:
Data provided
Quantity of products = $280,000
Total fixed costs = $800,000
Unit sales price = $16
Variable cost = $12
The computation of units must be sold is shown below:-
Contribution per unit = $16 - $12
= $4 per unit
Units must be sold = (Quantity of products + Total fixed costs) ÷ Contribution per unit
= ($280,000 + $800,000) ÷ $4
= $1,080,000 ÷ $4
= $270,000
uppose that the one-year forward dollar price of a euro is $1.36. Further, assume that the spot exchange rate is $1.28 per euro, and that the interest rate on dollar deposits is 6 percent. What is the interest rate on Euro deposits that would make interest parity hold
Answer:
You want to learn about the Ferris–wheel riding habits of people, so you ask those leaving a theme park, “How many times did you ride the Ferris wheel today?”
Is the question a statistical question? Explain why or why not. soo yaah
Explanation:
Paul is the insured and policyowner. Paul named Danny and Kayla as co-primary beneficiaries of Paul's $100,000 policy. Danny is to receive 70% and Kayla is to receive 30%, therefore Danny gets $________ and Kayla gets $______ when Paul dies.
Answer:
C. $70,000/$30,000
Explanation:
Given that
Danny is to receive 70%
Kayle is to receive 30 %
Total amount of Paul Money to be share = 100000.
Therefore,
Amount to be received by Danny
= 100,000 × 70%
= 100,000 × 0.7
= $70,000
Amount to be received by Kayla
= 100,000 × 30%
= 100,000 × 0.3
= $30,000
In situations where there is more than one beneficiary listed by the benefactor, the percentage each gets when the benefactor dies is specified and thus money recieved by each beneficiary is based on that pre agreed percentage.
Answer:
Danny gets $70,000
Kayla gets $30,000
Explanation:
Total amount to be shared between Danny and Kayla = $100,000
Danny receives 70%
Let us calculate 70% of $100,000 to get the amount that Danny receives;
Danny's share = 70/100 × 100,000 = $70,000
Therefore Danny receives $70,000.
Kayla receives 30%
Kayla's share = 30/100 × 100,000 = $30,000
Kayla's amount = $30,000
alternatively, Kayla's share can be calculated by subtracting Danny's share from the total amount;
100,000 - 70,000 = $30,000
Common resources tend to be overused because: individuals tend to ignore the cost to others of their use of the resource. common resources are nonrival and nonexcludable. the marginal cost of allowing one more unit of consumption is zero. the individual marginal cost is greater than the marginal social cost.
Answer: individuals tend to ignore the cost to others of their use of the resource.
Explanation:
Common resource are the resources which are freely available in the market. When there is no government intervention these common resources are overused. As these are in the cost of the others. This is also a method of natural monopoly.
Some of the examples of the common resources can be fish in the ocean, trees, forest animals. Over usage of the common resources also result in negative externalities like the balance in eco system will be affected.
You're the Chief Marketing Officer of SalonCentric, a wholesaler of hair and beauty products sold to licensed beauticians and cosmeticians through brick-and-mortar stores across the United States. You want to increase revenue by expanding into another market category. What is your best option?
Answer:
My best option would be to start producing hair dye which I can sell to companies that produce or manufacture hair color.
Explanation:
As a marketer, one of the ways by which you can generate revenue is by expanding your business into another market category.
While expanding a business into another market category it is very important to make sure the following are available.
a. There must be enough money to aid in the expansion of the business.
b. Your business has a consistent flow of customers that are loyal to your brand.
In the question above, a Chief Marketing Officer that sells hair and beauty products wants to expand her business. Her best option would be to start producing hair dye because she sells hair products already to licensed beauticians therefore
a. She has a steady flow of customers already.
b. Hair dye is an hair product as well therefore it would be quite easy to market and sell her product very well.
Tamarisk, Inc. lends Nash's Trading Post, LLC $52800 on April 1, accepting a four-month, 12% interest note. Tamarisk, Inc. prepares financial statements on April 30. What adjusting entry should be made before the financial statements can be prepared? Note Receivable 52800 Cash 52800 Interest Receivable 528 Interest Revenue 528 Cash 528 Interest Revenue 528 Interest Receivable 1584 Interest Revenue 1584
The adjusting entry that will be passed in the books of accounts in the Tamarisk inc will be Notes receivable 52800, cash 52800.
Explanation:
In the given question, Tamarisk, Inc., has lent an amount of $52800 to Nash’s trading Post, LLC. The interest revenue is to be recognized at the preparation of the financial statements and at the year end when such interest is to be recognized as and when it becomes due. Thus, before the year ending, the adjusting entry that will be passed will be of notes received of such amount and the cash that has been given.
Gains in income and wealth translate into an increased likelihood of having good health, showing a clear link between health and socioeconomic status. What evidence has been found that demonstrates how these factors work in different ways across racial and ethnic lines?
A government program guarantees $18,000 in income, even for those who do not work at all. If the recipient earns income by working, then the $18,000 benefit is reduced by 50 cents for each $1 earned. Will this program eliminate the poverty trap
Question Options:
Yes, enacting such a program will eliminate the poverty trap.
No, enacting such a program may still reduce the incentive to work.
Yes, and enacting such a program will cost the government less money.
Yes, enacting such a program will create adequate incentive to work.
Answer:No, enacting such a program may still reduce the incentive to work.
Explanation: Poverty trap can be defined as a self-reinforcing cycle which allows poverty to persist. This poverty trap is the worst form of poverty. In this situation an increase in someone's income is offset by a consequent loss of state benefits, leaving them no better off.
Alt Partnership, a cash-basis, calendar-year entity, began business on October 1, 2019. Alt incurred and paid the following in 2019: Legal fees to prepare the partnership agreement $12,000 Accounting fees to prepare the representations in offering materials 15,000 Alt elected to amortize costs. What was the maximum amount (ignoring any immediate expensing allowed) that Alt may deduct on the 2019 partnership return?
Answer: B
Explanation :Choice "b" is correct. Eligible expenditures up to $5,000 can be deducted in the first year (with overall limitations). Additional expenditures are amortized over 180 months beginning with the date they begin business. Legal fees to prepare the partnership agreement ($23,000) are eligible for this treatment, but sales and promotional expenses ($15,000) are not deductible or amortizable.
The first year deduction is calculated as follows:
23,000
(5,000) immediate deduction
18,000 / 180 months = $100 per month x 3 = 300 + 5,000 = $5,300
Final answer:
The maximum deduction for Alt Partnership in 2019 is $5,366.67, which includes the $5,000 initial deduction and the $366.67 amortization of organizational expenses for the three months in 2019.
Explanation:
The question relates to the deduction of organizational expenses for a partnership in its tax return. Since Alt Partnership is a cash-basis entity, it can only deduct expenses actually paid within the tax year. According to the IRS guidelines, organizational costs can be deducted up to a $5,000 limit in the first year, with any excess over this limit being amortized over 180 months (15 years). However, the $5,000 threshold is reduced by the amount that the total costs exceed $50,000. In this case, the total organizational expenses paid by Alt Partnership in 2019 amount to $27,000 ($12,000 in legal fees plus $15,000 in accounting fees).
As the total expenses do not exceed $50,000, Alt Partnership can deduct the full $5,000 in 2019. The remaining $22,000 ($27,000 - $5,000) can be amortized starting in October 2019. Since the partnership started business in October, only one quarter of the annual amortization can be deducted in 2019. To calculate the amortization expense, we divide the remaining amount by 15 years and then by 4 to represent the three months of 2019 that the partnership was in business.
Thus, the annual amortization expense is $22,000 / 15 = $1,466.67. The deduction for the three months of 2019 is $1,466.67 / 4 = $366.67. Consequently, the maximum deductible amount on Alt Partnership's 2019 tax return, ignoring any immediate expensing allowed, would be the initial $5,000 deduction plus the amortization for 2019, totaling $5,366.67.
The short-run tradeoff between inflation and unemployment implies that, in the short run, a. a decrease in the growth rate of the quantity of money will be accompanied by an increase in the unemployment rate. b. an increase in the growth rate of the quantity of money will be accompanied by an increase in the unemployment rate. c. policymakers are able to reduce the inflation rate and, at the same time, reduce the unemployment rate. d. policymakers can influence the inflation rate, but not the unemployment rate.
Answer:
a decrease in the growth rate in the quantity of money will be accompanied by an increase in the unemployment rate
Explanation:
The short-run tradeoff between inflation and unemployment implies that, in the short run,
a. a decrease in the growth rate of the quantity of money will be accompanied by an increase in the unemployment rate. b. an increase in the growth rate of the quantity of money will be accompanied by an increase in the unemployment rate. c. policymakers are able to reduce the inflation rate and, at the same time, reduce the unemployment rate. d. policymakers can influence the inflation rate, but not the unemployment rate.
Answer:
A) A decrease in the growth rate of the quantity of money will be accompanied by an increase in the unemployment rate.
Explanation:
The rate of unemployment and inflation is inversely related. This means when there is an increase in one, the other one automatically decreases. That is, when there is a decrease in unemployment, there is an increase in inflation. And when there is an increase in unemployment, there is a decrease in inflation. The rate of unemployment and the rate of inflation found in the Phillips e usually coincide with the GDP and price level of aggregate demand
Assume that Jack, Hal, and Sophia enter into a valid contract for the sale of the restaurant and for the covenant not to compete for five years. After three years, Jack starts selling frozen foods in violation of the covenant not to compete. Hal and Sophia sue, and the judge feels that the time restraint in the covenant not to compete was unreasonably long. Which of the following would likely be an appropriate remedy?
A. Quasi contract.
B. Rescission and restitution.
C. Reformation.
D. Specific performance.
Answer: C. Reformation
Explanation: A non-compete agreement or clause is a legal binding entered into by two or more parties which restricts the parties from being in competition with the other usually through the sale of similar product. However, in the context above, since the non-compete clause has been breached by Jack, and the judge feels the time constraint in the clause was unreasonably long, The reformation process will be best to remediate the situation, which refers to the change or alteration of the terms of an existing document using the judicial process and requires the conformation of the parties involved.
Rhett corporation manufactures and sells dress shirts. each shirt (unit) requires 3 yards of cloth. selected data from rhett's master budget for next quarter are shown below: april may june budgeted sales (in units) 26,000 28,000 32,000 budgeted production (in units) 28,000 32,000 36,000 desired ending inventory of cloth (in yards) 2,100 2,800 3,000 how many yards of cloth should rhett plan on purchasing in may?
Rhett corporation's Plan on budgeted purchasing in may is 97,600 yards
Explanation:
Opening inventory of May = Closing inventory of April = 2100 yards
Budgeted production of May = 32,000 units
Closing inventory of May = 2800 yards
Required inventory for producing 32,000 units
= 32,000 × 3 yards (per unit production of shirt) = 96,000 yards
Plan on purchasing in may
= Total yards needed - opening inventory + closing inventory
= 96,000 - 2100 + 2800 = 97,600 yards
[tex]= 96,000 - 2100 + 2800 = 97,600 yards[/tex]
Boulder Company reports current E&P of $500,000 this year and accumulated negative E&P at the beginning of the year of $200,000. Boulder distributed $400,000 to its sole shareholder on December 31 of this year. How much of the distribution is treated as a dividend this year?
Answer:
$400,000
Explanation:
Distribution for a particular year will be first drawn for the earning and profits for that year. Distributions will be treated as dividends if the earnings and profits in the current year are positive, regardless of whether the accumulated balance is negative.
Boulder had positive earnings and profits of $500,000. It has distributions of $400,000, which will be drawn from the earning from the current earnings. This distribution will be dividends because they can be satisfied with the current earnings.