Answer:
A person using a credit card. He uses the credit card to pay for goods and services, then he repays the credit card company at a future date.
One type of installment closed-end credit is a car loan. The car company offers the consumer credit to buy the car. The credit does not extend beyond the sales price of the car. In addition, the person pays the credit in installments over a period of time instead of paying it back in one lump sum.
Explanation:
Which of the following are examples of discretionary fiscal policy? (Check all that apply.) A. The government provides stimulus funds to repair roads and bridges to increase spending in the economy. B. Additional taxes are collected as the economy experiences an increase in income resulting from economic growth. C. Congress provides a tax rebate to encourage additional spending in order to reduce the unemployment rate. D. The president and Congress reduce tax rates to increase the amount of investment spending. E. A state government borrows money to finance the building of a new bridge. F. The government spends more on the military to provide assistance to England after a natural disaster.
Answer:
The government provides stimulus funds to repair roads and bridges to increase spending in the economy
The president and congress reduce tax rates to increase the amount of investment spending
Congress provides a tax rebates to encourage additional spending in order to reduce the unemployment rate
Explanation:
The following are examples of discretionary fiscal policy.
The government provides stimulus funds to repair roads and bridges to increase spending in the economy. Congress provides a tax rebate to encourage additional spending in order to reduce the unemployment rate.The president and Congress reduce tax rates to increase the amount of investment spending.The correct options are A, C, and D.
What is discretionary and nondiscretionary fiscal policy?Discretionary Fiscal Policy: changes in government spending and taxation enacted during a crisis affect the economy. Nondiscretionary Fiscal Policy: the set of policies built into the system to stabilize the economy, also known as automatic stabilizers.
These are deliberate policies implemented by the government to increase or decrease government spending or taxation. For example, when private sector demand and confidence are low during an economic downturn, Keynesian economists may advocate for a deliberate increase in the size of the fiscal deficit.
Thus, the ideal selection is options A, C, and D.
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Which of the following is the amount a 65-year-old couple retiring this year will need to pay for medical care and
prescription drugs?
$150,000
$200,000
$240,000
$300,000
Answer:
A healthy 65-year-old couple retiring in this year will need close to $300,000 to cover health-care expenses, including Medicare Parts B and D, according to HealthView Services.
True or False
Excessive inventory ties up your money so that you cannot use it elsewhere in your business.
Answer:
True
Explanation:
An inventory cost can be defined as all costs such as carrying cost, stock out (shortage) cost and ordering cost that are associated with the procurement, holding (storage) and management (handling) of inventory.
Raw materials inventory comprises of the overall cost of all resources such as component parts that a business has in stock which haven't been used for production of finished goods or work in process.
Excessive inventory arises when stocks or products are kept for a very long period of time, haven failed in selling them to consumers in a timely manner. Thus, any unsold product that has exceeded the projected consumer demand is generally referred to as an excessive inventory.
Hence, excessive inventory ties up your money so that you cannot use it elsewhere in your business. This is usually as a result of stock obsolescence.
How does penetration pricing discourage rival companies from entering the market? (Select all that apply.) Multiple select question. It encourages price skimming, which is too risky for most companies to engage in. It negates the experience curve effect, which usually helps competitors. Competitors who enter the market will temporarily face higher unit costs. Usually none of the companies make much profit in this situation.
Answer:
Competitors who enter the market will temporarily face higher unit costs.
2. Usually none of the companies would make much profit in this situation.
Explanation:
Penetration pricing is a pricing strategy where the sellers of a new product set the price for their product unusually low. This is to entice consumers to purchase the product
Advantages of penetration pricing
it increases market share of the firm conducting the penetration pricing it increases the sales of the firm practicing the penetration pricingDisadvantages of penetration pricing
Profit earned by the company might be too low once a low price has been set for the good, it might be difficult to raise it later as it may drive consumers away.Price skimming is when the price of a new product is set usually high
An article in the New York Times about J.C. Penney's pricing strategy under former CEO Ron Johnson observes: "Penney had pulled up the anchor, only to see many of its customers sail away." Source: Stephanie Clifford and Katherine Rampell, "Sometimes We Want Prices to Fool Us," New York Times, April 13, 2013. In behavioral economics, an "anchor" is A. linking the price of one product to another product. B. relating an unknown value or price to another similar known value or price. C. setting the highest possible price for a product. D. setting the lowest possible price for a product.
Answer:
B. relating an unknown value or price to another similar known value or price.
Explanation:
Anchoring is the term used to describe a phenomenon where individuals after being exposed to a particular figure (in this case a price) tend to subsequently use that figure as a reference point.
Thereby fixing of future prices will be biased towards this figure.
In this instance an anchor was in place and kept the customers loyal. But when Penney pulled up the anchor, many of the ccustomerswent away.
Sales in 2015 1400000 at December 31,2015, before adjusting entire account receivable 250000debit allowance for doubt full account 2400 credit 2% net sales will prove uncollectible, prepare the December 31,2015, journal entry to record bad debt expense.
Answer:
Dr Bad Debt Expense $28,000
Cr Allowance for Doubtful Accounts $28,000
Explanation:
Preparation of the December 31,2015, journal entry to record bad debt expense.
Based on the information given the December 31,2015, journal entry to record bad debt expense will be :
Dr Bad Debt Expense $28,000
Cr Allowance for Doubtful Accounts $28,000
($1,400,000 *2%)
(To record bad debt expense)
What would happen if a state or municipality suddenly lost its tax base? Explain if this would have any impact on it's cost of borrowing funds. Why?
Answer:
Following are the responses to the given question:
Explanation:
The tax base seems to be the amount that is added to both the income tax, that is which tax rate is the percentage of national economy collected as just a tax. Consequently, it is important to find an income tax that understands the tax base.
Whether this amount of tax would pay is not declared or decided if the state or city suddenly loses its local economy.
Impact mostly on the cost of credit
Its cost of debt before tax rebate funds = interest amount on the debt – any reduction in income tax which rose because of deductible profits. The costs of lending are real games calculated in anticipation of tax, however, the difference is DEDUCTIBLE in INTEREST EXPENSES.
This tax rate also increases the cost of lending and gives more income protection.
It's because when taxes become available, the company can save money on tax returns as it ultimately removes some profits.
Conclusion:
However it is lost about the tax base, however, the judgment could not be made afterward the amount to borrow as debt could be evaluated of that "TAX REVENUE OFFSET."
1) Robolane Incorporated manufactures and distributes small robotic toys. Because most of its orders are via telephone or fax, numerous orders have to be reworked. The average cost of the reworked orders is $12.45: $5 for labor, $5.15 for more materials, and $2.30 for overhead. This ratio of costs holds for the average original order. On a recent day, the shop reworked 80 orders out of 800. The original cost of the 80 orders totaled $2,000. The average cost of all orders is $26.245, including rework, with an average selling price of $35. Required: Prepare the necessary journal entry to record the rework for the day if the shop charges such activities to Robo Department Overhead Control. Prepare journal entries to record all relevant rework charges as well as to transfer the reworked items finished goods to Finished Goods Inventory.
Answer:
Following are the Journal entries to the given question:
Explanation:
Accounts Dr Cr
Robo Department Overhead Control 996
Materials Control [tex](80 \times 5.15) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 412[/tex]
Wages Payable [tex](80\times 5)\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 400[/tex]
Shop overhead control[tex](80\times 2.30) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 184[/tex]
Finished Goods [tex]2000[/tex]
Work in process control [tex]2000[/tex]
Does anyone think im attractive just wanna know lol
Answer:
yes
Explanation:
Answer: yep you are!
Explanation:
Let's pretend you have $1,200 a month to spend on rent. Be sure that there is at least
one apartment complex and one home on your list. Compare the three properties,
listing the pros and cons. Consider advantages or disadvantages related to the number
of bedrooms, location, amenities, and total floor space.
Which rental property would you choose based on your findings and why?
Answer:
Apartment 1:
pros:
- no previous tenants
- gym
fireplace
- garage
cons:
- 1 bedroom
- 1 bathroom
- no pool
- small kitchen
- no closet space
Apartment 2:
pros:
- pool
- 3 bedrooms
- 2 bath
- gym
cons:
- small bedrooms
- limited storage space
- holes in the wall
- mold
Apartment 3:
pros:
- 2 bedroom
- 2 bathroom
- pool
- hot tub
- garage
- large kitchen space
- storage closets
cons:
- none
I'd choose apartment 3 based off of the things I found inside home. Everything is great and brand new, under $1,200 and exactly what to look for. It's the best choice out of all three options.
Explanation:
I looked around for the answer to this question but couldn't find it. I created my own answer and got a 100. Hope this helps.
Faylene underwent heart surgery that included, among other measures, the implantation of a pacemaker in her chest. Faylene later alleged that the surgeon's negligence resulted in a serious infection. Faylene's insurance company stated that the Uniform Commercial Code (UCC) governed the dispute because at issue was a contract for a pacemaker, which is a good. The hospital responded that the claim was based on a contract for a surgery, which is a service, and was therefore covered by the common law. What result is most likely?
Answer: The court will apply the predominant purpose test and will probably hold that this was a contract for a service.
Explanation:
Any agreement written in a contract which binds two parties are usually followed strictly. Whatever is written in the contract cannot be changed or influenced in the court room because it would have been believed that both parties went through the contract terms before signing it. Even though one party wants to challenge it in court it would hold no water for a challenge.
The case between Faylene and the hospital was signed in a contract for a peacemaker surgery, the effects of it and being taken to court would yield no effect since it's what Faylene wanted and entered agreement into.
The ability to interact, be responsible, persevere, be a team player, be motivated, and problem solve are examples of _______________ skills valued by employers.
a. Trade
b. Technical
c. Critical
d. Automatic
Answer:
b. Technical
Explanation:
The ability to interact, be responsible, persevere, be a team player, be motivated, and problem solve are examples of technical skills valued by employers.
1. Kwan's annual premium is $1,284.00. He has the choice of paying semi-annually for a $1.00 fee or quarterly for a $2.00 fee. What is his quarterly payment? Is it twice the amount ?
the three branches of government are the legislative branch, and the ____ branch
a. judicial
b.regulatory
c. supreme court
d. presidential
Answer:
Judicial
Explanation:
There is no presidential branch as that is the executive branch. The supreme court IS the judicial branch but the supreme court is not a branch in of itself. There is no regulatory branch that I know of.
Which type of borrowing option would most likely result in the borrower
paying the highest amount of interest?
A. A card with a high compound interest rate
OB. A card with a low simple interest rate
ООО O
C. A card with a low compound interest rate
D. A card with a high simple interest rate
Answer:
A. A card with a high compound interest rate
Explanation:
it is most likely to result in the borrower
100 points
hurry
Pick a manufacturing job that interests you and in no less than 125-words, describe the job, explain the job’s part in its manufacturing industry, and justify why the job is necessary in that industry and must be performed well.
Answer
A brain surgeon
Explanation:
I picked this job because i find it amazing and it looking stisfiying cutting the perfict square and just relaxing.
A detective:
i also picked this job because i love solving mysteries and I love drama.
A CSI
i also picked this job because it makes me feel alive
Answer:
A brain surgeon
ExExplanation:
can someone help with my accounting paper?
sure.. where is it? can u show?
Viaduct Corporation used untested and risky construction techniques to build a bridge under budget. The techniques were legal but the bridge collapsed, killing several people. Viaduct actions were a. dangerous and so inherently illegal. b. unethical and may result in legislation to ensure it does not happen again. c. ethical because they were legal and so Viaduct owes no one. d. legal under Sarbanes-Oxley and so Viaduct will face no penalties.
Answer:
Unethical and may result in legislation to ensure it does not happen again
Explanation:
Ethics
This is generally defined as moral principles used by individuals in conducting themselves personally, socially, or professionally,in their actions and conversations.
Business ethics
This is simply known as set of rules based on moral principles about how businesses and employees ought to conduct themselves
A code of ethics are simply a set of guidelines for maintaining ethics in the workplace.
Assessing Ethical or unethical behavior by:
1. Gathering relevant factual information
2. Analyzing the facts to determine the right moral values
3. Making ethical judgment based on the rightness or wrongness of the proposed activity or policy.
A bond issue with a face amount of $495,000 bears interest at the rate of 7%. The current market rate of interest is 8%. These bonds will sell at a price that is:
Answer: Less than $495,000.
Explanation:
The options are:
a. Equal to $495,000.
b. The answer cannot be determined from the information provided.
c. Less than $495,000.
d. More than $495,000.
It should be noted that a bond will be sold at a discount when the market interest rate is more than the stated interest rate.
Due to the lower interest rate, the investors will pay less for the bonds. Therefore, based on the information given, the bonds will sell at a price that is less than $495,000.
Therefore, the correct option is C.
In a private company's accounting system, inputs are __________ and outputs are _________. Multiple Choice marketing strategy-type information; sales data results of surveys on consumer satisfaction; accounts payables transactions such as sales, payroll, and other expenses; financial statements transactions such as the cash flow statement; payroll taxes
Answer:
Explanation:
transactions such as sales, payroll, and other expenses; financial statements
The correct answer is Inputs are accounts payables transactions such as sales, payroll, and other expenses; outputs are financial statements transactions such as the cash flow statement.
Here is a breakdown of the answer:
Inputs: These are the data that are entered into the accounting system. In a private company's accounting system, the inputs would typically include accounts payables transactions, such as sales, payroll, and other expenses.
Outputs: These are the reports and documents that are generated from the accounting system. In a private company's accounting system, the outputs would typically include financial statements, such as the cash flow statement.
The other options are not correct because they are not typically included in a private company's accounting system.
For example, marketing strategy-type information and results of surveys on consumer satisfaction is typically not included in the accounting system. Payroll taxes are also not typically included in the accounting system, as they are usually handled by a separate department.
Thus , accounts payables transactions and financial statements transaction is the correct options.
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Which method of payment actually is a form of borrowing money that
needs to be paid back later?*
5 points
O a. Cash
b. Credit Card
O c. Debit Card
O d. Check
Answer:
B. Credit Card
Explanation:
hope this helped
The equilibrium quantity in markets characterized by oligopoly is higher than in monopoly markets and higher than in perfectly competitive markets. lower than in monopoly markets and higher than in perfectly competitive markets. higher than in monopoly markets and lower than in perfectly competitive markets. lower than in monopoly markets and lower than in perfectly competitive markets.
Answer:
higher than in monopoly markets and lower than in perfectly competitive markets.
Explanation:
An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.
Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.
The characteristics of an oligopolistic market structure are;
I. Mutual interdependence between the firms.
II. Market control by many small firms.
III. Difficult entry to new firms.
An equilibrium quantity can be defined as a situation in which there are no surplus or shortage of finished goods in the market.
This ultimately implies that, there is an intersection between demand and supply i.e the amount of goods and services that the consumers are willing to buy is equal to the amount of goods and services that the producers are able and willing to supply at a specific period of time.
Hence, the equilibrium quantity in markets characterized by oligopoly is higher than in monopoly markets and lower than in perfectly competitive markets.
A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. This ultimately implies that, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes.
In a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.
Four ways in which schools could promote entrepreneurship as a viable option to counteract unemployment
Answer:
Entrepreneurship is an important alternative to counteract unemployment. It not only gives provides employment to the entrepreneur but also provides jobs to others as well.
Explanation:
Entrepreneurship may be defined as the setting up of a business or a work looking out for making profit dealing with the risks and the challenges on its own.
Four ways in which the school can promote entrepreneurship as a viable option to counteract unemployment are :
build awareness and promote entrepreneurship among the students.Provide the benefits of being an entrepreneur and showing them the possibilities of setting up a business that can even provide jobs to others.Providing with valuable ideas and guidance regarding setting up a business and giving an overview of the current market trends and market study.Helping the students reach out to other entrepreneurs and also providing ways to get any financial aid to set up a business.Four Ways through which Schools can promote Entrepreneurship include the following
Creation of entrepreneurship centres to provide consulting to non-profits and small businesses.Awareness creation through seminars and lectures on the importance of entrepreneurship as an alternative to paid employment. Host entrepreneurship contests where incentives are given.Inviting influential and professional entrepreneurs to give lectures.What is Entrepreneurship ?Entrepreneurship is defined as the process of starting up a business, and taking up the responsibility of financial risk with the hope of making profit.
Entrepreneurship is a potent means of reducing unemployment to the lowest minimum.
Entrepreneurship brings about creativity and as such value is created which leads to more wealth.
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What are organizational capabilities?
A. The skills and knowledge that allow a firm to use its resources
effectively
B. The things the firm has acquired that are used to achieve its goals
C. The characteristics of the firm's teams of skilled employees
D. The skills of the firm's senior managers and executives
The desire to earn a profit is called
A) making smart decisions
B) profit motive
C) business
D) entrepreneurship
Answer:
profit motive
Explanation:
on gawd
hi thereeeeeeeeeeeeeeeeeeee
Answer: Hello nice to meet you!!!!!
Explanation:
Answer:
Periotttt yasss queen!!!
Explanation:
To determine what the customers of a clothing store think about the variety of clothing sold in the store, a manager hands out a survey to 100 teenagers chosen at random who visited the store.
Which of the following could affect the outcome of the survey?
A. The survey is biased because the manager did not give the survey to teenagers at other stores.
B. The results could be flawed because the sample population was too large.
C. The results could be flawed because the sample is not a good representation of the store's customers.
D. The results could be flawed because the teenagers were randomly chosen
Answer:
C. The results could be flawed because the sample is not a good representation of the store's customers.
Explanation:
I just took the quiz, I hope this helps (:
The results could be flawed because the sample is not a good representation of the store's customers because it onlu says only a manager hands out a survey to 100 teenagers chosen at random who visited the store.
What do you mean by Sample?A sample is an unbiased visual value taken from humans. In simple terms, a population is the total number of observations (i.e., people, animals, objects, data, etc.) contained in a particular group or context.
Thus, Option C is the correct statement that is The results could be flawed because the sample is not a good representation of the store's customers.
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**ECONOMY**
Taxation that allows higher-income people to pay less of their income on taxes than lower-income people is called:
A. regressive taxation
B. progressive taxation
C. proportional taxation
D. indirect taxation
Answer:a
Explanation:
What is the legal maximum speed limit permitted when driving in a residential area of the community?
a. 15 mph
b. 25 mph
c. 35 mph
d. 45 mph
What is the legal maximum speed permitted for driving on the expressway-in Michigan?
a. 45 mph
b. 55 mph
c. 60 mph
d. 70 mph
Answer:
B B :)
Explanation:
The total estimated cost of attending a public two-year college in Hasani’s home town last year was $2,265. The cost of attending the college is expected to increase 5% annually. Hasani plans to enter the college this year and attend for 2 years. Which is the best estimate for the total cost Hasani will pay for only his second year? $2,270.66 $2,275.00 $2,491.50 $2,497.16
Answer: Hi there! For this question, we will be compounding, because the cost of going of going to college goes up by 5% each year. The formula for compounding is P(1 + r)^t, where P = starting amount, r = rate, and t = time in years. First, let's add 5% (0.05) to 1. 1 + 0.05 is 1.05. We are talking about how much Hasani will have to pay in his second year. We will raise that number to the 2nd power. 1.05^2 is 1.1025. Now, we will multiply that number by2,265 to find the amount. When we multiply both numbers, we get 2,497.1625 or 2,497.16 when rounded to the nearest hundredth. There. Hasani will pay an estimated cost of $2,497.16. The answer is D.
Answer:
D
Explanation:
