Calculation of Cash received from Customers for the year 2022 is given below: Calculation of Net credit sales for the year 2022 = Gross Sales - Sales Return Net credit sales for the year.
2022 = $530,000 - $4,650Net credit sales for the year 2022 = $525,350
Calculation of Average Account Receivables for the year 2022 =
(Opening Balance + Closing Balance) / 2Average Account Receivables for the year
2022 = ($60,000 + $70,000) / 2Average Account Receivables for the year 2022 = $65,000
Calculation of Receivables turnover ratio for the year 2022 = Net Credit Sales / Average
Account Receivables Receivables turnover ratio for the year 2022 = $525,350 / $65,000
Receivables turnover ratio for the year 2022 = 8.078
Assuming that all credit sales are on account and the collection of accounts receivable is evenly distributed throughout the year. Calculation of Cash received from Customers for the year 2022 = Net Credit Sales / Receivables turnover ratio Cash received from Customers for the year
2022 = $525,350 / 8.078Cash received from Customers for the year
2022 = $64,950 , the correct option is A) $5,350.
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19. a project manager reported the following earned value data: pv: $12,400,000 ev: $14,500,000 ac: $14,500,000 what does this mean?112 group of answer choices the project is over budget and on schedule. the project is under budget and on schedule the project is on budget, but behind schedule. the project is on budget and ahead of schedule.
The project is on budget and ahead of schedule.
What is budget?A budget is an organized financial plan that allocates funds among various expenses in order to meet financial goals. It helps individuals, businesses, and other organizations to manage their financial resources in an efficient and effective manner. A budget outlines projected income and expenses over a predetermined period of time, and helps to identify potential areas of waste or overspending. It also helps to identify potential areas of savings or investment opportunities. A budget provides a benchmark for tracking actual spending and income, and allows for changes to be made as needed in order to meet financial objectives. By creating a budget, individuals and organizations can better manage their finances and ensure that their goals are achieved.
Earned Value (EV) measures the value of the work that has been completed so far in the project. The earned value of $14,500,000 indicates that the project is ahead of schedule because the planned value (PV) of the project was $12,400,000. The actual cost (AC) of the project is equal to the earned value, indicating that the project is on budget.
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Complete Quesiton:
A project manager reported the following earned value data: PV: $12,400,000 EV: $14,500,000 AC: $14,500,000 What does this mean?
a The project is over budget and on schedule.
b The project is under budget and on schedule
c The project is on budget, but behind schedule.
d The project is on budget and ahead of schedule.
$50,000 in cash values more than $50,000 on a cheque.
True
False
one would be more likely to pay discount points if she expected
One would be more likely to pay discount points if they expected to live in the house for a long period of time.
Discount points are an upfront fee paid to the lender at the time of closing in exchange for a lower interest rate on the mortgage loan. The decision to pay discount points depends on various factors, including the borrower's financial situation and future plans.
If an individual expects to live in the house for a long period of time, they are more likely to benefit from paying discount points. By paying these points upfront, they can secure a lower interest rate for the entire duration of their mortgage. Over time, the savings on interest payments can offset the upfront cost of the discount points.
On the other hand, if someone expects to live in the house for a short period of time, paying discount points may not be advantageous. Since they won't have enough time to fully benefit from the reduced interest rate, the upfront cost may outweigh the potential savings.
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The complete question is:
One would be more likely to pay discount points if she expected a. to live in the house a short period of time. b. to live in the house a long period of time. c. interest rates to go up. d. interest rates to go down. e. interest rates to remain constant.
If an economy can increase its steady annual growth rate from 1 percent to 1.5 percent, this reduces the time it takes for the economy to double in size by approximately ________years. O 5 O 8
O 33 O 17 O 23
The time it takes for an economy to double in size can be shortened by about 23 years if it can raise its constant annual growth rate from 1 percent to 1.5 percent.
When annual growth rates rise from 1% to 1.5%, the time decreases by 23 years.
Rule 70 states that the time it will take the economy to double is equal to 70 divided by the growth rate.
If the growth rate is 1%, it will take the economy 70 years to double in size.
Given a 1.5 percent growth rate, it will take the economy 47 years to double in size.
Time decreases by 70 years, 47 years, and 23 years when annual growth rates rise from 1% to 1.5%.
Growth rates are the changes in a particular variable's percentage over a given period of time. Growth rates can be either positive or negative, depending on whether the variable's size is changing over time or not. Growth rates were initially employed by biologists to study population sizes, but they have since been used to other fields such as economics, business management, and investment returns.
Increase rates for investors often reflect the compounded yearly rate of growth of an investment, or the revenues, earnings, or dividends of a corporation. Gross domestic product (GDP) and unemployment are two macroeconomic terms that are also analyzed using growth rates. Two popular types of growth rates used for analysis are expected forward-looking and trailing growth rates.
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Your store sales average $162,000 per month. Your triple net lease has the following monthly terms: rent is 3% of sales, insurance is $210, maintenance is $100, utilities total $425, and taxes are $90. You expect next year's sales to increase 7%, but your lease terms will remain the same. Calculate next year's ANNUAL lease payment. Round your answer to the nearest dollar.
Answer:
=$72, 302
Explanation:
The tenant agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") plus the normal monthly rent in a triple net lease agreement.
Rent is 3% of sales. Sales will grow by 7%.
Current sales are equivalent to 100%; increased sales will be 100% + 7% = 107%
This year's monthly sales are 162,000: next year's monthly sales will be 107% of $162,000
=107/100 x $162,000
=1.07 x $162,000
=$173,340
Monthly sales will be $173,340. Monthly rent is 3% of sales
=3/100 x $173,340
=$5,200.2
The monthly lease will be monthly rent, plus insurance plus maintenance plus, utilities total plus taxes
= $5,200.2 + $210 + $100 + $425 + $90.
=$6,025.2
monthly lease = $6,025.2
Annual lease =$6,025.2 x 12
=$72,302.40
=$72, 302
Answer: 72,302
Explanation:
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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Byron has noticed that, lately, there is less traffic congestion on his commute and that his commute time is shorter. If Byron suffers from confirmation bias, which of these is true?
a. Byronโs commute was shorter two days this week, but has been longer almost every day of the last month.
b. Byron looks at every other vehicle on the road and classifies it as a vehicle that is ugly or cool.
c. Byron spent a lot of money on a fancy new car, so he is more comfortable while driving.
d. Byron recently started working graveyard shift, and traffic is always lighter at night and in the early morning hours.
If Byron suffers from confirmation bias, then option a is likely true. Byronโs commute was shorter two days this week, but has been longer almost every day of the last month.
Confirmation bias is the tendency to look for and interpret information in a way that confirms one's existing beliefs or biases.
In this case, Byron may have already formed the belief that traffic congestion is getting better, and he is now noticing and selectively recalling instances that support this belief while ignoring or dismissing those that do not. This can lead to a distorted perception of reality, where Byron may overestimate the frequency or significance of his recent shorter commutes while underestimating or forgetting the longer ones that contradict his belief.
Options b and c do not seem to be related to the observation of traffic congestion and commute time, and are therefore less likely to be affected by confirmation bias. Option d is a plausible alternative explanation, but it does not address the possibility of confirmation bias.
If Byron's recent switch to a graveyard shift is the main reason for the lighter traffic, then he may still be susceptible to confirmation bias in interpreting his commute experience based on his pre-existing belief about traffic congestion.
Hence, option a is correct.
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Make a demand forecasting study to find the forward quarterly forecast values, taking into
account the sales amounts of one of the company's products (cocola) or services in the past periods (with a minimum of ten data).
Demand forecasting is the process of predicting the future demand for goods or services based on past sales data. A demand forecasting study can help businesses to plan their inventory and production, set prices, and make other decisions. In this study, we will use the sales amounts of cocola product to find the forward quarterly forecast values.
To find the forward quarterly forecast values, we will use the following steps:
Step 1: Collect the historical data on sales amounts of cocola product for the past ten quarters.
Step 2: Calculate the average sales amount for each quarter.
Step 3: Calculate the seasonal index for each quarter by dividing the average sales amount for each quarter by the average sales amount for all quarters.
Step 4: Calculate the deseasonalized sales for each quarter by dividing the actual sales amount for each quarter by its seasonal index.
Step 5: Use the deseasonalized sales to estimate the trend line.
Step 6: Extrapolate the trend line to obtain the forecasted sales amounts for each quarter.
Step 7: Multiply the forecasted sales amounts by the seasonal index to obtain the forecasted sales amounts for each quarter in the future.
In conclusion, by following these seven steps, we can make a demand forecasting study to find the forward quarterly forecast values, taking into account the sales amounts of the cocola product in the past periods. This can help the company to make informed decisions about inventory, production, and pricing in the future.
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Write down three key takeaways from the History of Credit in America segment.
The 3 key takeaways from the History of Credit in America segment includes:
Credit history is a record of your debt repayment abilities and of your responsibility for repaying it.It includes the number and types of credit accounts you have credited, the duration of your account's opening, the amount owing, the quantity of available credit, whether you pay bills on time, and the number of recent credit requests.The borrower will earn rewards for strong credit history, like cheaper rates on mortgage loans and automotive insurance.What was the beginning of History of Credit?In the United States, the History of Credit can be far-traced to the first credit card that was issued in the Diners Club card in 1950. The card was used for travel and entertainment and the balance had to be paid every month.
However, In the 1951, the first bank credit card was introduced by Franklin National Bank, based in Long Island, New York.
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Lavonda’s very wealthy grandmother recently died. After her death, everything she owned totaled $1,000,000. However, her family was only given $700,000. What MOST likely happened to the other $300,000?
It was used to cover income taxes.
It was used to cover sales taxes.
It was used to cover excise taxes.
It was used to cover estate taxes.
Answer: wrong it is estate taxes
Explanation:
The most likely event happened to the other $300,000 that It was used to cover estate taxes. Thus last option is correct.
What is the meaning of Estate taxes?Estate Tax refers to the form of the tax in which a charge placed on a property owner's ability to transmit their possessions to others after passing away that takes the shape of a percentage of their taxable estate.
According to the above situation, the death of the Lavonda’s grandmother led to the implementation of the Estate Tax on her wealth of $1,000,000.
Therefore, the taxable estate to be included is $300,000. Thus last option is correct.
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5 advantages of under development
Nobody wants to live in a developing country. It is therefore subpar.
Being the country with the most recently constructed industries has a benefit, too, and that benefit frequently comes from being an underdeveloped country. For instance, the majority of the steel plants in the United States were constructed before the start of World War II, while South Korea's steel sector was developed decades later. The Korean steel plants were more cost-effective and able to undercut the price of American steel because they made use of new technologies. U.S. steel plants eventually had to shut down due to their lack of competitiveness.
Similar to this, China had a cost advantage due to its cheap wages because it was undeveloped when it opened up to the global market under Deng. In recent years, as its economy has grown, its wages have increased.
Coronado Industries uses the percentage-of-receivables basis to record bad debt expense and concludes that 3% of accounts receivable will become uncollectible. Accounts receivable are $385,200 at the end of the year, and the allowance for doubtful accounts has a credit balance of $2,870. (a) Prepare the adjusting journal entry to record bad debt expense for the year. (b) If the allowance for doubtful accounts had a debit balance of $887 instead of a credit balance of $2,870, prepare the adjusting journal entry for bad debt expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (a) Enter an account title Enter a debit amount Enter a credit amount Enter an account title Enter a debit amount Enter a credit amount (b)
Answer:
A. Dr Bad debt expense $8,686
Cr Allowance for Doubtful account $8,686
B. Dr Bad debt expense $10,669
Cr Allowance for Doubtful account $10,669
Explanation:
(a) Prepararion of the adjusting journal entry to record bad debt expense for the year.
Dr Bad debt expense $8,686
Cr Allowance for Doubtful account $8,686
[(3%*$385,200)-$2,870]
(Being to record bad debt expense)
B.Preparation of the adjusting journal entry for bad debt expense
Dr Bad debt expense $10,669
Cr Allowance for Doubtful account $10,669
[(3%*$385,200)+$887]
(Being to record bad debt expense)
A business owner would most likely create a cooperative instead of buying a franchise because
A. cooperatives give majority owners the most control, while franchises make decisions with a parent company.
B. cooperatives make it easy to accumulate supplies, while franchises come with supplier relationships already in place.
C. cooperatives are well financed by members, while franchises must raise large sums of money to launch a business.
D. cooperatives allow all owners to share profits, while franchises are required to share profits with a parent company.
Answer:
A business owner would most likely create a cooperative instead of buying a franchise because (D) cooperatives allow all owners to share profits, while franchises are required to share profits with a parent company.
Explanation:
Took Test Review on Edge 2021
A business owner would most likely create a cooperative instead of buying a franchise because cooperatives allow all owners to share profits, while franchises are required to share profits with a parent company. Therefore option D is correct.
What is Business?An organization or enterprising entity engaging in commercial, industrial, or professional activity is referred to as a business. Businesses can be for-profit corporations or charitable institutions. Limited liability firms, sole proprietorships, corporations, and partnerships are among the several types of businesses.
A business can legally exist as a sole proprietorship, a partnership, or a corporation. Each of these legal formations has unique traits as well as benefits and drawbacks.
A partnership is a group of people who come together to start a company. Individuals, partnerships, or even companies can be partners. Partnerships come in a wide variety of forms, such as LLCs, LLPs, and other structures.
Hence, A business owner would most likely create a cooperative instead of buying a franchise because cooperatives allow all owners to share profits, while franchises are required to share profits with a parent company.
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Vesting refers to
A) the employer's right to terminate contributions if a pension plan is adequately funded.
B) the employer's right to recapture employee contributions to a pension plan if employment terminates prior to retirement.
C) the employee's right to the employer's contributions or benefits attributable to the contributions if employment terminates prior to retirement.
D) the employer's right to discriminate against non-highly compensated employees when determining pension benefit levels.
Vesting refers to the employee's right to the employer's contributions or benefits attributable to the contributions if employment terminates prior to retirement. Option C is correct.
It is a process by which an employee becomes entitled to employer contributions to their pension plan. Vesting schedules are used to determine when an employee is eligible to receive the employer's contributions, and they can vary by employer and plan. Typically, an employee must meet certain requirements, such as working for the company for a certain number of years, before becoming fully vested in their pension plan. Once an employee is fully vested, they are entitled to receive the full value of the employer's contributions to their plan.
This is an important protection for employees, as it ensures that they will receive the benefits that they have earned if they leave their job before retirement. It also helps to incentivize employees to stay with their employer, as they know that they will be rewarded for their loyalty. Vesting is an important aspect of retirement planning, and employees should be aware of the vesting schedule for their pension plan in order to make informed decisions about their career and retirement.
Option C is correct.
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One of the chair lifts at a ski resort unloads 1800 skiers per hour at the top of the slope. The ride from the bottom to the top takes 12 minutes. How many skiers are riding on the lift at any given time?
There are approximately 360 skiers riding on the chair lift at any given time.
Given that the chair lift at the ski resort unloads 1800 skiers per hour at the top of the slope, and the ride from the bottom to the top takes 12 minutes, we can determine the number of skiers riding on the lift at any given time.
First, we need to calculate the number of chair lift rides per hour. Since there are 60 minutes in an hour, and the ride takes 12 minutes, there will be 60 / 12 = 5 rides per hour.
Next, we need to determine how many skiers are unloaded during each ride. Since the lift unloads 1800 skiers per hour and there are 5 rides per hour, we can calculate this by dividing the total number of skiers by the number of rides. Therefore, 1800 skiers / 5 rides = 360 skiers per ride.
Now that we know there are 360 skiers per ride, we can conclude that there are approximately 360 skiers riding on the chair lift at any given time.
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For proper operation instructions of the jointer
Answer:
Consult the manufacturer's manual or seek professional assistance for proper operation instructions of the jointer.
Explanation:
Jointers are powerful and potentially dangerous woodworking tools that require proper handling and operation to ensure safety and effectiveness. It is important to consult the manufacturer's manual for specific instructions on how to properly operate the jointer, including safety precautions, proper setup, and maintenance procedures. The manual may also provide guidance on selecting the right blades and adjusting the machine for optimal results. In addition, it may be helpful to seek professional assistance or training on how to use the jointer safely and effectively, especially if you are a beginner. This will ensure that you are using the tool properly and minimizing the risk of injury or damage to the machine. Therefore, for proper operation instructions of the jointer, it is recommended to consult the manufacturer's manual or seek professional assistance.
For proper operation instructions of the jointer Rabbeting.
Joiners are strong, possibly dangerous woodworking tools that need to be handled and used correctly to be safe and effective. For detailed instructions on how to use the jointer safely, correctly, and in terms of setup and maintenance, it is crucial to refer to the manufacturer's manual.
Choosing the best blades and tuning the machine for best results may both be covered in the manual. Additionally, especially if you are a newbie, it may be beneficial to seek out expert advice or instruction on how to use the jointer securely and successfully.
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Your question is incomplete, but most probably the full question was.
For proper operation instructions of the jointer is ______
skill acquisition plans have goals that are broken down into
Skill acquisition plans are designed to help individuals acquire and develop specific skills. These plans typically include goals that are broken down into smaller, more manageable steps.
The first step in creating a skill acquisition plan is to clearly define the desired skill or skills that need to be acquired. This could be anything from learning a new language to improving public speaking abilities.
Once the skill has been identified, goals are set to outline the specific outcomes that need to be achieved.These goals are then broken down into smaller, more achievable steps. This is important because it allows individuals to focus on making progress towards the larger goal, while also providing a sense of accomplishment along the way. Each step should be clearly defined and measurable, so that progress can be easily tracked and evaluated.
Skill acquisition plans are a valuable tool for individuals looking to acquire new skills. By breaking down goals into smaller steps and providing a timeline for completion, these plans help to keep individuals motivated and focused on their skill development journey.
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Skill acquisition plans are organized into clear and concise learning objectives that guide the progression of learning both for students and instructors. These objectives facilitate mastery of statistical concepts and skills. Highlighted key terms and chapter summaries further aid in understanding and retention.
Explanation:Skill acquisition plans have goals that are often broken down into learning objectives, which guide the educational progression. These objectives are clear, concise and serve as a pathway to bring about a systematic and engaging progression in the acquisition of appropriate statistical concepts and skills. They serve as a guide for instructors to decide on the curriculum and for students to understand their learning expectations. At the end of each module or section, students are expected to demonstrate mastery of these learning objectives through relevant exercises and assessments. Chapter summaries are also heard provide key points from the whole information presented. Moreover, key terms are usually highlighted and defined within the text, and are also listed in a glossary at the end of each chapter, helping in the absolute understanding and retention of the topic.
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The actual & potential buyers in a market share which of the following characteristics? a. they rely on marketers to provide information b. they do not engage in marketing c. they share a particular need or want d. they have the same demographic profile
The actual and potential buyers in a market share the characteristic of having a particular need or want that they are seeking to fulfill through the purchase of goods or services. This need or want could be anything from basic necessities like food and clothing to more specialized products like luxury goods or high-tech gadgets.
In terms of the other characteristics listed, it is not necessarily true that these buyers rely on marketers to provide information or that they do not engage in marketing themselves. Many buyers today are well-informed and conduct their own research before making a purchase, using a variety of sources including online reviews, social media, and personal recommendations. While marketers do play a role in shaping buyer behavior through advertising and other promotions, buyers are not necessarily passive recipients of this information.Similarly, while it is possible that actual and potential buyers in a market may share certain demographic characteristics such as age, gender, income, or education level, this is not always the case. Different buyers may have different backgrounds, experiences, and preferences that influence their purchasing decisions, and marketers need to be able to understand and respond to these differences in order to be successful.
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It is very conceivable that samples of the same size drawn from the same population using simple random sampling may not have exactly the same statistics. T/F
True. It is true that samples of the same size drawn from the same population using simple random sampling may not have exactly the same statistics.
This is because simple random sampling involves randomly selecting individuals from a population, and each sample is independent of others. Due to the randomness involved, there can be natural variation in the samples, leading to differences in the observed statistics.
Even when the samples are drawn correctly and represent the population accurately, the specific values of the statistics, such as the mean or standard deviation, can vary from one sample to another. This variation is known as sampling error and is a fundamental concept in statistics. The extent of sampling error depends on factors such as the sample size and the variability of the population.
Therefore, it is conceivable and expected that samples drawn using simple random sampling may not have identical statistics, reflecting the inherent variability in the sampling process.
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Candidates for depth interviews could include a. current customers. b. members of the target market. c. executives and managers of the company. d. All of these are candidates for depth interviews.
Answer: d. All of these are candidates for depth interviews.
Explanation:
Depth interview is a research technique which is qualitative and involves conducting individual interviews which are very intense with the respondents in order to have their idea regarding certain topics or issues.
Candidates for depth interviews could include current customers, members of the target market and the executives and managers of the company. Therefore, all of these are candidates for depth interviews.
which of the following best describes alfred weber's analysis of location decisions? question 5 options: it seeks to evaluate the impact of a single factor of production on location. it seeks to minimize costs among multiple inputs of production. it is applicable only in postindustrial economies with predictable spatial patterns. it depends on the availability of a single node, link, and input of production. it is applicable only in industrial economies with predictable spatial patterns.
Alfred Weber's analysis of location decisions is best described as B. seeking to minimize costs among multiple inputs of production.
What is Weber's theory of industrial location?Weber's theory of industrial location, also known as the least-cost theory, suggests that firms choose locations that minimize the cost of production, taking into account the costs of transportation, labor, and raw materials.
Weber's theory is based on the assumption that firms are rational and seek to maximize profits. Therefore, they will choose locations that minimize production costs while maintaining access to markets.
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1. With the overwhelming number of media messages that consumers
receive, they find that certain messages attract their attention
and direct them toward the message. These types of messages are
known
With the overwhelming number of media messages that consumers receive, they find that certain messages attract their attention and direct them toward the message. These types of messages are known as the attention-directed messages.
Attention-directed messages are created in such a way that they attract the consumer’s attention. This can be done through the use of bold, bright, and contrasting colors or with catchy slogans or jingles that stick in the consumer’s mind.
Attention-directed messages are used by marketers to capture their target audience’s attention and encourage them to purchase their products or services.The attention-directed message is a form of marketing communication that is designed to attract the attention of consumers.
This type of message is often used to increase the effectiveness of advertising campaigns by making them more memorable and engaging. The use of attention-directed messages can be seen in many different forms of media, including television commercials, print ads, and billboards.
Marketers use attention-directed messages to encourage consumers to remember their products and services and to make a purchase. The goal is to create a strong brand image and to generate positive associations with the product or service being marketed.
In conclusion, attention-directed messages are a key element of effective marketing communication, and their use can help to increase brand awareness, encourage consumer engagement, and ultimately drive sales.
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What should you avoid using when writing a formal email?
O An official signature
O Emojis
O Familiar acronyms
O Last names
Answer:
emojis
Explanation:
A borrower is faced with choosing between two loans. Loan A is available for $75,000 at 6 percent interest for 30 years, with 6 points to be included in closing costs. Loan B would be made for the same amount, but for 7 percent interest for 30 years, with 2 points to be included in the closing costs. Both loans will be fully amortizing.
a. If the loan is repaid after 20 years, which loan would be the better choice?
b. If the loan is repaid after 5 years, which loan would be the better choice?
Answer:
a) loan A is a better choice
b) loan B is a better choice
Explanation:
the monthly payment of loan A = $449.66
present value of loan A = ($75,000 x 6%) + $75,000 = $79,500
the monthly payment of loan B = $498.98
present value of loan B = ($75,000 x 2%) + $75,000 = $76,500
the difference between monthly payments = $498.98 - $449.66 = $49.32
if we calculate the present value of 20 years paying $49.32 more it is:
PV = $49.32 x 139.58077 (PV annuity factor, 0.5%, 240 periods) = $6,884 which is higher than the difference
if we calculate the present value of 5 years paying $49.32 more it is:
PV = $49.32 x 51.72556 (PV annuity factor, 0.5%, 60 periods) = $2,551 which is lower than the difference
Equations
Creative section
3. a) If the sum of two numbers is 10 and their product is 24, find the numbers
Answer:
The answer is 6 and 4.
Explanation:
6+4=10 and 6×4= 24
Answer:
4 & 6
Explanation:
Set the equations:
x + y = 10
x * y = 24
Find the sum pairs of 10:
0 , 10
1 , 9
2 , 8
3 , 7
4 , 6
5 , 5
Find the product of each pair:
0 * 10 = 0
1 * 9 = 9
2 * 8 = 16
3 * 7 = 21
4 * 6 = 24
5 * 5 = 25
In this case, you are trying to find the product of 24, therefore 4 & 6 is your answer.
~
Describe an example of a product that has highly elastic demand. describe at least two factors that make this product’s demand so elastic.
Answer:
An example of a product with hight elastic demand are candies, or sweets of a specific brand or kind, because if their prices go up, you will probably be able to buy another similar candy or sweet quickly.
Factors:
A product with an elastic demand usually has (many) substitutes, which make that specific product replaceable. If the product does not have a substitute (i.e. a specific medicine), it would have a low elastic demand, because you cannot change it when prices go up.An other factor that affects demand elasticity is the proportion or share on your income that an expenditure of an specific item represents in your budget. The higher the proportion of your income you spend in the product,the more elastic elasticity of demand will be. As an example, think about the price of salt or pepper: if the salt you consume doubles its price, you can still afford to buy it, because it does not represents an important share of your income. On the other hand, if your house's rent doubles, you will probably look for another apartment that you can afford, because it represents an important share of your income.Which strategy best helps a famous brand company reach consumers?
selling at trade shows
sending out mailings in small towns
advertising nationally
marketing selectively
Answer:
C.) advertising nationally
Explanation:
This is the correct answer. The person above may only have a 3-star rating, but they are correct.
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what are the criticisms of fiscal policy
Answer:
Fiscal policy is the adjustment of tax rate and government spending that is used to handle current economic situation.
There are several of criticism that usually found on fiscal policies.
- Time Lags.
The effect of fiscal policies could only be felt years after the policies are made. Often times, this goes unnoticed by the citizens of the country, making it look like that the government took no action to handle their economic issues.
- Strengthening foreign influence
One of the things that the government can do to reduce the inflation is by selling government bonds to the public. These bonds can be bought by companies from another countries. This will strengthen that country's influence over US economy.
- It could create a budget deficit for the next government officials.
Government in United States were reshuffled between 2-4 years. While the effect of fiscal policies could need more than 10 years before it actually can be felt. Sometimes, fiscal policies taken by previous government could create a deficit that had to be handled by the next government after the election.
Sam has a great paying job, has no dependents, and owns his own apartment. He wants to take out an appropriate loan to finance the rest of his graduate business degree, which he plans to study for at night, at a cost of $40,000. What type of loan would he consider if he really does not like to carry much, if any, debt
Sam would collect student loan if he really does not like to carry much, if any, debt.
What is loan?Loan involves borrowing certain amount of money usually from a lender.
The borrower and lender agree on a payment plan that will ensure the payment of the loan.
Therefore, Sam would collect student loan if he really does not like to carry much, if any, debt.
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A corporation has 3000 shares, 10% preferred stock of $55.00 par preferred stock, and 6000 shares of common stock outstanding. The net income for the year is $300,000. Calculate earnings per share. (Round your answer to the nearest cent.)
Answer:
the earning per share is $47
Explanation:
The computation of the earning per share is shown below;
= (Net income - preference dividend) ÷ number of common stock outstanding
= ($300,000 - (3000 × $55 × 10%) ) ÷ 6,000 shares
= $47.25
= $47 per share
Hence the earning per share is $47