Answer:
Question 1. All employees are agents, and all agents are employees.
Question 2. Harold is liable to Alice for the cost of the lot, but only if the contract between Harold and Alice expressly stated that he would reimburse her for the cost of the lot.
Question 3. Spencer will win, because Glen was acting within the scope of his employment; therefore, Sally is liable for his negligence
Explanation:
1. Note that employees can serve also as agents for their company but not all agents are employees since they (the agents) could be self employed themselves.
2. Remember sales agreement should not be bases on word of mouth but on written contacts. Therefore, if the contract between Harold and Alice expressly stated that he would reimburse her for the cost of the lot he would then be liable.
3. Since Glen was acting within the scope of his employment; therefore, Sally is liable for his negligence. Implying that she employed the man who caused Spencer pain and suffering.
Regarding the first set of multiple-choice questions:
The false statement regarding the employer-employee relationship is: "All employees are agents, and all agents are employees."
How to explain the lawsuit to be takenRegarding the second set of multiple-choice questions:
Spencer will likely win the lawsuit against Sally, as Glen's actions, even if negligent, may be seen as within the scope of employment, making Sally liable for his actions.
Please note, these legal scenarios and their outcomes can vary depending on the specific laws, circumstances, and details not fully provided in the scenarios presented.
Consulting with a legal professional for accurate and detailed guidance is advisable in such cases.
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Although you were not fortunate enough to get Chipper's Golf Resort stock [ticker symbol: CHPR] as an IPO, you are still thinking about trying to add some to your portfolio. Last week when you mentioned it to your broker, he said that there are plenty of shares trading on ___________, but, he wanted to send you the company's financial disclosures provided in the ______ before you finalize your decision.
Answer:
The correct answer is A. the secondary market; prospectus.
Explanation:
The financial market is a component of the main capital goods market in which securities and securities that already have an offer in the main market are traded. Depending on the situation described, the potential buyer may choose to buy the traded shares that are on the secondary market, but for this it is necessary to evaluate the financial results described by the company in order to reinforce or reject their idea.
Select the correct answer.
What is Jill actually doing when she makes a note of trade ideas that strike her every now and then?
A flexible budget:a) Is designed to be adjusted at frequent intervals for changes in the general price level. b) Consists of estimates of costs and expenses for various possible levels of activity.c) Cannot be prepared when a standard cost system is in use. d) Is better suited for use with a job cost system than a standard cost system.
Answer:
A flexible budget is a budget that adjusts or flexes with changes in volume or activity.
Explanation: For costs that vary with volume or activity, the flexible budget will flex because the budget will include a variable rate per unit of activity instead of one fixed total amount.
Ryan is a manager at Steve's Stoneworks, Inc. Hersey and Blanchard would consider most of Ryan's subordinates highly ready based on their ability to perform their jobs. Based on this, which of the following leadership styles is best for Ryan?
a. Telling
b. Delegating
c Forcing
d. Participating Selling
Answer:
B. Delegating
Explanation:
Delegating refers to the situation whereby an entity is assigned the authority or given the leeway in carrying out specific job task. Before an individual is delegated to carrying out an assignment, he or she must have shown competence in completing such task in the past. In this scenario, it is believed that Ryan's workers are highly ready based on their ability to perform their job. Thus, Ryan could decide to carry out delegation style of leadership since the workers are highly ready.
Presented below is information related to Splish Company. Cost Retail Beginning inventory $318,504 $279,000 Purchases 1,363,000 2,117,000 Markups 93,200 Markup cancellations 16,400 Markdowns 38,300 Markdown cancellations 5,500 Sales revenue 2,158,000 Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using conventional retail inventory method $
Answer:
$191,760
Explanation:
For determining the ending inventory using the conventional retail inventory method we need to do following computations which are given below:
As per cost method
Goods available for sale:
= Beginning inventory + Net Purchase for the year
= $318,504 + $1,363,000
= $1,681,504
Under Retail method
Goods available for sale:
= Beginning inventory + Net Purchases for the year + net markups - net markdown
= $279,000 + $2,117,000 + $76,800 - $32,800
= $2,440,000
Now
Cost to retail ratio is
= $1,792,000 ÷ $279,000 + $2,117,000 + $76,800
= 0.68
And, Estimated ending inventory as per retail
= Goods available for sale at Retail - Net sales
= $2,440,000 - $2,158,000
= $282,000
Therefore, Estimated ending inventory as per cost is
= Estimated ending inventory at retail × Cost to retail ratio
= $282,000 × 0.68
= $191,760
Accounting profit is equal to a. total revenue minus the opportunity cost of producing goods and services. b. average revenue minus the average cost of producing the last unit of a good or service. c. total revenue minus the explicit cost of producing goods and services. d. marginal revenue minus marginal cost.
Answer:Option C
Explanation:
Accounting profit means the book keeping profit where the explicit cost is taken and subtracted from the revenue of the firm. This rule is followed according to the GAAP rule of accounting. The explicit cost of production includes the production cost, raw material costs, distribution costs, and other production expenses.
Explicit cost are the direct cost incurred in the production of goods and services. Hence these cost are deducted from revenue. Implicit cost are hidden cost which are not paid directly.
Accounting profit is a company's total revenue minus all explicit costs related to the production of goods or services. It's a fundamental measure of financial performance.
Explanation:The correct statement is c. Accounting profit is equal to total revenue minus the explicit cost of producing goods and services. Traditionally, accounting profit is a firm's total revenue minus all the explicit costs involved in producing goods or services. The explicit costs include payments for labor, rent, raw materials, and other tangible expenses. The concept is one of the fundamental measures of a company's financial performance that investors, regulators, and other stakeholders use to make decisions.
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The idea behind the marketing concept is ___________. understanding how to sell each and every product available, in a transactional type environment increasing productivity, by creating innovative products and producing as much as possible, in a short amount of time a mutually beneficial exchange between buyers and sellers, where buyers receive quality products and good service, and sellers realize a profit building satisfying relationships between buyers and sellers, even if some years the seller experiences losses
Answer:
a mutually beneficial exchange between buyers and sellers, where buyers receive quality products and good service, and sellers realize a profit.
Explanation:
Marketing concept is a business philosophy which stated that in order for a business to acquire customers, that business need to be able to learn about customers' needs and do something in order to satisfy that needs. In return, the customers will contribute to the business' income. This relationship resulted in a mutually beneficial exchange between the two.
For example,
I want a food from this Mexican restaurant in the middle of the city. But i'm too lazy to drive there and buy it.
This create a need. For someone to go there , buy the food and deliver it to me.
There is a company who offered that service for me. That company require me to download an app and i can use that app to order a delivery. This company has satisfied the needs. In return, I'm willing to pay a delivery fee for their services. Both me and that company benefited from the situation.
The primary focus of the 'marketing concept' is a mutually beneficial exchange between buyers and sellers, where customers' needs and wants are identified and satisfied better than the competition. It acknowledges the significance of building relationships and increasing productivity, but accents on the benefits the buyers and sellers derive from the process.
Explanation:The marketing concept is primarily focused on a mutually beneficial exchange between buyers and sellers, where buyers receive quality products and good service, and sellers realize a profit. This idea emphasizes the importance of understanding the needs and wants of the target market and satisfying those needs better than the competition does. For instance, a company should not just focus on selling any product but should rather identify consumer's desires and produce products that meet those desires.
While increasing productivity through innovative products and building satisfying relationships between buyers and sellers are important aspects, they serve the bigger goal of creating a process where both buyers and sellers benefit. This concept holds that the key to achieving organizational goals lies in the company being more effective than its competitors in integrating marketing activities toward determining and satisfying the needs and wants of its target markets.
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A citizen of York purchased a truck in 20X3 for $50,000. On June 10, 20X9, she donated the truck to York. The fair value of the truck on the date of donation was $30,000. How should York report the truck in its government-wide Statement of Net Assets
Answer:
Since the fair value was $30,000 hence the interest was $50,000-30,000=$20,000
option C is correct.
Answer:
B. Machinery and equipment should be increased $30,000.
Explanation:
Given that the current fair value of the truck donated to the city of York is valued at $30,000, the amount or entry to be written on the government wide statement of net asset will be machinery and equipment should be increased by $30,000. The initial amount of the truck that the citizen purchased it for in 20X3 is not a true represented of the current worth of the truck, hence the reason it is not being used and it's why the fair value estimation gives a better current worth of the asset.
Alpha company reported positive net income in year 1 and year 2 before sustaining a significant loss in year 3. all of the year 3 loss can be carried back against the income of years 1 and 2 for purposes of determining the company's year 3 income tax liability. how should the carryback be presented int he company's year 3 financial statements?
Answer:
Answer: As an income-tax benefit that reduces the operating loss on the income statement.
Explanation:
One of the option a Company has as a way of offset the income of previous years is by way of carry back of current year loss, this will result in the refund of tax already with the authority. Since its a benefit to the company this should be shown as a tax benefit in statement of profit and loss which help to reduces the loss on the income statement therefore the carryback be presented into the company's Year 3 financial statements- As an income-tax benefit that reduces the operating loss on the income statement. .
Operating loss before income tax (XXXX)
Tax expense XXXX
Net loss after tax (XXXX)
Answer:
The income-tax gain will lower the loss operating on the statement of income
Explanation:
The Company has the choices of offset the income of last yea by a method of taken back of year current loss, this will lead to a payback of tax already with jurisdiction.
However, because its a gain to the company this should appear as a benefit in tax in statement of loss and profit which will decrease the loss on the statement of income,therefore, we have the following:
Before the income tax, Operating loss x (XXXX)
The Tax expense XXXX
The Net loss after tax (XXXX)
Fran’s Crazy Salts has just been bought by Allspice. Employees are unsure of what that will mean for their jobs, as Allspice already has a competent workforce. As a result, many employees have started to call out sick and have begun to look for other jobs. Fran’s Crazy Salts should use a change agent to address ________.a. evaluating the intervention.
b. collecting feedback.
c. revitalizing the organization.
d. adapting to mergers.
e. managing conflict.
Answer:
d. adapting to mergers.
Explanation:
The change agent has a clear confidence in the workforce for the current workforce (previous company) on company policy so that they can be sure about their future with the company and their future activity. So adaptation to mergers the right choice because the change agent must be ready and committed to the workforce as soon as possible.The seeking sustainability box shows us that consumer relationship building can mean many different things. in this case, campbell's and the food bank of south new jersey are showing their great examples of being socially responsible and promoting sustainability, two attributes consumers are seeking more.
Explanation:
The terms being socially responsible and having sustainability can be evident in Campbell's and the Food bank of South New jersey when these organisations give back to the communities of their consumers while also protecting their immediate environment, thus shows that they are socially responsible and are promoting sustainability.
A marketing campaign to target business travelers includes two advertising buys. One buy cost $4,600 and yielded 220 leads. The other buy cost $6,700 and yielded 450 leads. What is the average cost per lead for these two buys
The average cost per lead for these two buys are $20.90 & $14.88 of the buy of the two marketing campaign.
What is marketing?
The practice of a business of promoting the purchase and sale of goods and services is referred to as “marketing.” Promotion, publicity, and advertising make up marketing. The marketing are the important part of the economies. The marketing are the based of the consumer behavior.
The typical pricing is the marketing campaign expenditure incurred to obtain a new potential customer. The average price per lead, or CPL, is computed to use the ratio of entire marketing spend / total leads and sales. CPL assists in determining the most effective marketing strategy.
Determine are the first marketing campaign cost are:
=$4,600/220
=$20.90
Determine are the second marketing campaign cost are:
=$6700/450
=$14.88
As a result, the first marketing campaign is $20.90. The second marketing campaign is $14.88.
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Final answer:
To calculate the average cost per lead for two advertising buys, we sum the costs ($4,600 + $6,700 = $11,300) and divide by the total leads (220 + 450 = 670), resulting in an average cost of $16.87 per lead.
Explanation:
The student's schoolwork question pertains to calculating the average cost per lead from two different advertising buys aimed at business travelers. To find the average cost per lead, we must divide the total cost by the total number of leads from both advertising buys.
First advertising buy: $4,600/220 leads = $20.91 per lead
Second advertising buy: $6,700/450 leads = $14.89 per lead
To calculate the average cost per lead, we add the total costs of both buys and divide by the total number of leads. Total cost is $4,600 + $6,700 = $11,300. Total leads are 220 + 450 = 670 leads. So, the average cost per lead is $11,300 / 670 leads = $16.87 per lead.
Tower Corp. began operations on January 1, 20X2. For financial reporting, Tower recognizes revenue from all sales under the accrual method. However, in its income tax returns, Tower reports qualifying sales under the installment method.
Tower's gross profit on these installment sales under each method is as follows:
YearAccrual method Installment method20x2$1.6mn $600,00020x3$2.6mn $1.4mnThe income tax rate is 30% for 20x2 and future years. There are no other temporary or permanent differences. In its December 31, 20x3 balance sheet, what amount should Tower report as a liability for deferred income taxes?A. $840,000B. $660,000C. $600,000D. $360,000
Answer:
B. $660,000
Explanation:
Year Financial income Taxable income Temporary difference
1990 $1,600,000 $600,000 $1,000,000
1991 $2,600,000 $1,400,000 $1,200,000
Total $4,200,000 $2,000,000 $2,200,000
In the table above, The temporary difference = Financial income - Taxable income.
For year 1990, The temporary difference = $1,600,000 - $600,000 = $1,000,000
For year 1991, The temporary difference = $2,600,000 - $1,400,000 = $2,200,000
Total Financial income = $1,600,000 + $2,600,000 = $4,200,000
Total taxable income = $600,000 + $1,400,000 = $2,000,000
The total temporary difference = Total financial income - Total taxable income = $4,200,000 - $2,000,000 = $2,200,000
The income tax rate = 30% = 0.3
Therefore the deferred income taxes = total temporary difference * income tax rate = $2,200,000 * 0.3 = $660,000
Final answer:
Tower Corp. should report a deferred income tax liability of $660,000 on its December 31, 20X3 balance sheet by summing the deferred tax liabilities for 20X2 and 20X3, which are calculated by applying the tax rate to the difference in gross profits reported under the accrual and installment methods.
Explanation:
To calculate the amount Tower Corp. should report as a liability for deferred income taxes on its balance sheet as of December 31, 20X3, we must consider the difference in gross profits reported under the accrual and installment methods for both years and apply the tax rate to these differences.
Step-by-Step Calculation:
Calculate the temporary difference for each year by subtracting the installment method gross profit from the accrual method gross profit.Multiply each temporary difference by the tax rate to find the deferred tax liability for each year.Sum the deferred tax liabilities for 20X2 and 20X3 to find the total deferred income tax liability to be reported on the balance sheet.Deferred Tax Calculation for 20X2:
Accrual Method: $1.6mn
Installment Method: $600,000
Difference: $1.6mn - $600,000 = $1mn
Tax Rate: 30%
Deferred Tax Liability for 20X2: $1mn x 30% = $300,000
Deferred Tax Calculation for 20X3:
Accrual Method: $2.6mn
Installment Method: $1.4mn
Difference: $2.6mn - $1.4mn = $1.2mn
Tax Rate: 30%
Deferred Tax Liability for 20X3: $1.2mn x 30% = $360,000
Total Deferred Income Tax Liability:
Total: $300,000 + $360,000 = $660,000
Therefore, the amount Tower Corp. should report as a liability for deferred income taxes on its December 31, 20X3 balance sheet is $660,000 (Option B).
Business intelligence analytical capabilities may include​ ________
Answer:
The answer options to this question would be the following:
A. operational intelligence
B. a client metric
C. data warehousing
D. predictive analytics
The correct answer is D. predictive analytics.
Explanation:
Predictive analysis are data mining techniques that allow conclusions to be drawn about present conditions and future events, through the application of different techniques, both statistical, mathematical, and artificial intelligence, among others. The objective of predictive analysis is to reach conclusions through this data to generate information and, in turn, with that information, generate knowledge. This knowledge will serve to develop business strategies.
Complete Question:
Business intelligence analytical capabilities may include ________, which utilizes statistics and data mining to try to determine the likelihood of future events for planning purposes.
A. operational intelligence
B. a client metric
C. data warehousing
D. predictive analytics
E. a cloud service
Answer:
D. predictive analytics
Explanation:
Business intelligence analytical capabilities may include predictive analytics, which utilizes statistics, artificial intelligence, predictive modeling, machine learning and data mining to try to determine the likelihood of future events for planning purposes.
A poultry rancher discovered what when she increased the price of organic eggs from $0.75 to $1.00 per dozen, the sales of her eggs fell from 300 dozen per week to 200 dozen per week. If she wants to increase her total revenue from egg sales, she should: reduce the price of eggs back to $0.75. take up dairy farming. raise the price of eggs even more. hold the price constant at $1.00.
Answer:
reduce the price of eggs back to $0.75
Explanation:
She should reduce the price of eggs back to $0.75 if she wants to increase her total revenue from egg sales because increasing her egg price from$0.75 to $1.00 per dozen make the sales of her eggs fell from 300 dozen per week to 200 dozen per instead of increasing from 300 dozen per per week to 400 per dozen per week.
Therefore for her to makes more sales and have increase in revenue or profit she should revert the price from $1.00 back to $0.75 per dozen which it was before which will inturn leads to more sales and high revenue or profits.
The process of attracting individuals on a timely basis, in sufficient numbers, and with appropriate qualifications, to apply for jobs with an organization is referred to as ________. HR planning recruitment appraisal selection
Answer:
recruitment is the correct answer.
Explanation:
Recruitment is a process of hiring and selecting the right and qualified person for a vacant position.The recruitment process involves selecting a required candidate, sourcing attracting, investigating the job qualifications, screening, analyzing the application, strategy development, evaluation and shortlisting.The advantages of the Recruitment process are increased applicant quality, increase manager satisfaction and improve employment name.Final answer:
The process of attracting individuals on a timely basis, in sufficient numbers, and with appropriate qualifications, to apply for jobs with an organization is referred to as recruitment.
Explanation:
The process of attracting individuals on a timely basis, in sufficient numbers, and with appropriate qualifications, to apply for jobs with an organization is referred to as recruitment. Recruitment is an important part of the HR planning process as organizations need to ensure they have a pool of qualified candidates to choose from when filling job openings. This process may involve advertising job positions, collecting and reviewing résumés, conducting interviews, and selecting the best candidate for the job.
Arturo Alvarez's charge account shows an unpaid balance of $6,255. The monthly finance charge is 1.5 percent of unpaid balance. What is the total finance charge?
Answer:
$93.825
Explanation:
The computation of the total finance charge is shown below:
= Unpaid balance of the charge account × monthly finance charge percentage
= $6,255 × 1.5%
= $93.825
By multiplying the unpaid balance with the monthly finance charge percentage we can get the total finance charge and the same is shown above i.e on the calculation part
Which of the following is the correct adjusting entry for the account holder when the bank submits a debit memorandum for a monthly service charge of $30?a) Loss on Bank Transactions 30Cash 30b) Miscellaneous Expense 30Cash 30c) Cash 30Account Revenues 30d) Cash 30Bank Service Fee 30
Answer:
b) Miscellaneous Expense 30 Cash 30
Explanation:
As we have to record the adjusting entry for a monthly service of $30
So the adjusting entry is
Miscellaneous Expense $30
To Cash $30
(Being the monthly service charges is recorded)
Since there is a monthly service charges so the miscellaneous expense is debited and the cash is credited since it reduces the cash amount
La Belle Inc. introduced a new line of accessories for teenage girls last season. Following its immense popularity with the targeted group, the company anticipated high sales in the current season and ordered raw materials accordingly. However, the success of the new line turned out to be a fad as the teens soon turned to other products offered by competing brands and La Belle's sales declined. This forecasting error caused a huge discrepancy in the amount of raw materials they needed and the amount of inventory they had already piled up in anticipation of good sales. This is an example of ________. the multiplier effect safety stock planning hindsight bias product recall the bullwhip effect
Answer:
The bullwhip effect
Explanation:
The bullwhip effect is identified by the supply chain, specifically where a great difference exists between the sales to the end-user and the orders sent to the supplier or manufacturer. This irregularity affects the supply chain process because it would lead to exaggerated fluctuations.
Certain factors are responsible for the bullwhip effect or are contributors, some of them are:
When qualitative communication does not exist between links in the supply chain. This results in ordering different quantities because each link in the supply chain is working individually on perceived product demand.Categorizing orders in different batches. This occurs when companies tend to accumulate demand before placing an order. This could affect the supply chain negatively due to inconsistencies in demand. Using obsolete demand information. When the previous demand information is used without considering demand fluctuations over a period of time contributes greatly to the bullwhip effect.Answer:
The Bullwhip effect
Explanation:
This is an example of bullwhip effect.
The Bullwhip supply chain effect has to do with firms having to procure more, to keep pace with fluctuations in consumer demand as a result of forecast inaccuracies.
The Bullwhip starts from the retailer who has direct interface with the consumer and first receives the shock of the change in demand and passes it on to the wholesaler and then to the manufacturer and finally, raw material supplier.
It is indicated in the scenario that ''This forecasting error caused a huge discrepancy in the amount of raw materials they needed and the amount of inventory they had already piled up in anticipation of good sales.''
Hence consumer demand was not adequately anticipated and that is an example of the bullwhip effect.
Assume you own shares in Honeywell Inc. and that the company currently earns $4.40 per share and pays annual dividend payments that total $2.40 a share each year. Calculate the dividend payout for Honeywell. (Enter your answer as a percent rounded to 2 decimal places.)
Answer:
$54.54%
Explanation:
Data provided as per the question below:-
Dividend payments = $2.40
Earnings = $4.40
The computation of dividend payout is shown below:-
Dividend payout ratio = Dividend payments ÷ Earnings × 100
= $2.40 ÷ $4.40 × 100
= $54.54%
Therefore for computing the dividend payout ratio we simply divide earnings by dividends payments and convert into percentage.
The dividend payout ratio for Honeywell Inc. is determined by dividing the annual dividends per share ($2.40) by the earnings per share ($4.40). This results in a dividend payout ratio of 54.54%.
Explanation:The dividend payout ratio is a financial metric that shows the proportion of earnings a firm pays to its shareholders in the form of dividends from its net income. In your case, if Honeywell Inc. is currently earning $4.40 per share and pays out $2.40 in dividends per share, the dividend payout would be calculated by dividing the annual dividends by the earnings per share.
Dividend Payout Ratio = Annual Dividends per Share / Earnings per Share
Thus, = $2.40 / $4.40 = 0.5454 (or 54.54%)
So, the dividend payout ratio for Honeywell Inc. is 54.54%. This means that Honeywell Inc is distributing 54.54% of its net income to shareholders as dividends, and retaining the rest for re-investment into the business or to cover future expenses.
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During the recession of 2007−2009, the U.S. federal government’s tax collections fell from about $2.6 trillion down to about $2.1 trillion while GDP declined by about 4 percent. Does the U.S. tax system appear to have built-in stabilizers.
A. Yes
B. No
Answer: A. Yes
Explanation: The US tax system has built-in stabilizers which help when the economy is down.
Built-in stabilizers are economy policies of government which are triggered automatically to stabilize the economy when it experiencing a downward movement or an unexpected growth in an excessive way without the explicit intervention of the government. An example of this is unemployment insurance.
On January 1, a machine with a useful life of 4 years and a residual value of $512000 was purchased for $480000. What is the depreciation expense for year 2 under the double-declining-balance method of depreciation? $240000. $180000. $90000. $120000.
Answer:
$120,000
Explanation:
The computation of the double-declining-balance method of depreciation is shown below:-
Depreciation rate
= One ÷ Useful life
= 1 ÷ 4
= 25%
The rate is double So, 50%
In year 1, the original cost is $480,000, so the depreciation is $240,000 after applying the 50% depreciation rate
And, in year 2, the $240,000 × 50% = $120,000
An increase in U.S. interest rates relative to German interest rates would likely ____ the U.S. demand for euros and ____ the supply of euros for sale. a. increase; reduce b. increase; increase c. reduce; reduce d. reduce; increase
Answer:
An increase in U.S. interest rates relative to German interest rates would likely decrease the U.S. demand for euros and increase the supply of euros for sale
Explanation:
An increase in U.S. interest rates relative to German interest rates would make U.S investments more attractive. This will increase the demand for U.S bonds: to buy them, investors have to acquire dollars. Then, in this case, it is more convenient to exchange euros to dollars to be able to buy US bonds, which have a higher yield (because they pay more interest than German ones). This implies than dollar's demand will increase and euro's supply will decrease.An increase in U.S. interest rates would likely reduce the U.S. demand for euros and increase the supply of euros for sale due to more attractive investment opportunities in the U.S.
Explanation:An increase in U.S. interest rates relative to German interest rates would likely reduce the U.S. demand for euros and increase the supply of euros for sale. When U.S. interest rates are higher, it becomes more attractive to save and invest in the U.S., reducing the demand for euros. At the same time, a higher interest rates can attract investors from other countries, such as those using euros, to invest in the U.S. This leads to an increased supply of euros for sale as they are exchanged for U.S. dollars. So, the correct answer should be (d) reduce; increase.
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The forecasting model that uses a panel of experts who may not even know each other is the ________ model.
Answer: Delphi model
Explanation:
The Delphi model is one of the type of forecasting process method that specifically uses the different types of panel of experts for the purpose of questionnaires round.
This type of method also uses various types of face to face conservation meetings so that is why is also known as the structured communication process.
According to the given question, the forecasting model is basically using the panel experts for the purpose of forecasting the business and the industrial based information and their decisions. The versatility is one of the advantage of the Delphi model.
Therefore, Delphi model is the correct answer.
Donald and Charlene are married and do not have any children. They plan to ensure that the other will not be unduly burdened by debts in case one of them dies. Each plans to continue to work after the other one dies. Which method are they using to determine their life insurance needs?
The part of the subfield of cultural anthropology that debates issues of human nature that relate directly to the decisions of daily life and making a living (subsistence, production, exchange, consumption):
Answer:
Economic anthropology
Explanation:
The Economic anthropology as subfield that explains that the humans economic behavior and anthropology have a complex relation with economics as the field focuses on an the exchange, the production, and consumption. They study the operations of the corporations, banks, and the global financial perspective. With the rise of the globalized economies, the anthropologists are analyzing the cultural situations as the universal applicability of money is being used as a means of revealing the culture by money that market based societies have formed.Which part of a computer takes the text and pictures on your screen
and prints them onto paper?
A) Monitor
B) Printer
C) Computer Case
D) Central Processing Unit (CPU)
The monitor works with a video card that is located inside the computer case, to display images and text on the screen. Thus, the correct option is A). Monitor.
What is a Monitor?A monitor is an electronic visual computer display that includes a screen, circuitry and the case in which that circuitry is surround. It is an output device that displays information in pictorial or text form.
A monitor is an electronic output device that is also known as a video display terminal, which is used to display images, text, video, and graphics information generated by a connected computer via a computer's video card.
There are five types of monitors CRT, LCD, LED, OLED and Plasma Monitor all are used in televisions or computer desktops. Monitor is basically used for Gaming.
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A company received cash sales of $15000. They also collected $43000 in receivables during the month. Answer questions 4 to 6 with this information.
4. What is the journal entry for the collection of the receivables?
5. What is the journal entry for the collection of the sales?
6. If the sales received were all made by credit cards with a fee of 1.25%, what would be the journal entry for cash?
The journal entries would be: collection of receivables: Debit Accounts Receivable $43000, Credit Cash $43000; collection of sales: Debit Cash $15000, Credit Sales Revenue $15000; if the sales were made via credit cards with a fee of 1.25%, it would be: Debit Cash $14,812.50, Debit Credit Card Expense $187.50, Credit Sales Revenue $15000.
Explanation:The topic primarily deals with the formulation of journal entries in financial accounting, which is related to a company's cash flows. Here are the answers to the presented questions:
The journal entry for the collection of the receivables would be: Debit Accounts Receivable $43000, Credit Cash $43000.The journal entry for the collection of the sales would be: Debit Cash $15000, Credit Sales Revenue $15000.If the sales were made via credit cards with a fee of 1.25%, the cash amount would be less than $15000 due to the fees. The cash amount would be $15000 less 1.25%, which equals $14,812.50. Therefore, the journal entry for cash would be: Debit Cash $14,812.50; Debit Credit Card Expense $187.50; Credit Sales Revenue $15000.Learn more about Financial Accounting here:https://brainly.com/question/33407257
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Final answer:
The collection of receivables is recorded with a debit to Cash and a credit to Accounts Receivable. Cash sales are recorded as a debit to Cash and a credit to Sales Revenue. For credit card sales with a fee, debit Cash for the net amount received, debit a Credit Card Expense for the fee, and credit Sales Revenue for the total sales amount.
Explanation:
To answer the student's questions regarding journal entries for the cash sales and the collection of receivables:
Question 4: The journal entry for the collection of receivables:
When a company collects on its accounts receivable, the entry to record this would be a debit to Cash and a credit to Accounts Receivable.
Journal Entry:
Debit Cash $43,000Credit Accounts Receivable $43,000Question 5: The journal entry for the collection of the sales:
For cash sales, the journal entry is a debit to Cash and a credit to Sales Revenue.
Journal Entry:
Debit Cash $15,000Credit Sales Revenue $15,000Question 6: The journal entry for cash sales with a credit card fee:
If the sales were made by credit card and there's a fee of 1.25%, the company would record the net amount received after the fee. To calculate the fee, multiply $15,000 by 1.25%, which equals $187.50. Therefore, the company receives $15,000 minus $187.50, which equals $14,812.50.
Journal Entry:
Debit Cash $14,812.50Debit Credit Card Expense $187.50Credit Sales Revenue $15,000A student remarks: "135,000,000 shares of General Electric were sold yesterday on the New York Stock Exchange, at an average price of $25 per share. That means General Electric just received a little over $3.4 billion from investors."Do you agree with the student's analysis?
A. No, these shares were likely traded in the secondary market, so General Electric would not receive any of the money.
B. Yes, these shares were likely traded in the primary market, so General Electric would receive a little over $3.4 billion
C. No, these shares were likely traded in an over-the-counter market, so GE would receive less than $3.4 billion.
D. Uncertain, since the sale would be subject to capital gains, more information is required
Answer:
The correct option is B, no, these shares were likely traded in the secondary market, so General Electric would not receive any of the money.
Explanation:
Buying and selling of General Electric shares on the New York Stock Exchange means that existing shares of the company exchange hands between investors who hold the shares wishing to sell and the investors who want to buy the shares,in effect,General Electric does not receive a dime from the transactions.
In essence,the student's analysis is wrong because GE would have received cash if they had come to the market to sell shares publicly as in the case of Initial Public Offer(IPO).
Mr. Lui has just finished his lesson on catharsis in his English literature class. He assigns students homework that entails researching other examples of catharsis in contemporary motion pictures. What strategy of promoting concept formation has Mr. Lui utilized in his homework assignment?
Answer:
Checking for students' understanding of a concept by asking them to apply the concept to other contexts.
Explanation:
Concept formation is an inductive teaching technique that enhance discovery learning and helps to get clear understanding of a concept in pupils by using psychological processes such as observation, analysis, hypothesis, generation and testing a small set of the concepts.
Mr. Lui utilized the strategy of checking for students' understanding of a concept by asking them to apply the concept to other contexts in his homework assignment.