Companies process credit and debit card transactions internally.
The statement is false.
The sum of the transactions is charged to the cardholder's account by the issuing bank.A consumer enters their debit card information to complete a purchase. A card terminal device is used to swipe, tap, or dip the card. Your point-of-sale system (POS system) reads the card information from this transaction and sends the information to the client's card processing network (Visa, MasterCard, etc.).Retailers provide their payment processor batches of approved transactions. The payment processor delivers transaction data to the card associations, who then work with the network's issuing banks to arrange the appropriate debits.To know more about Credit card here
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The Federal Reserve is A. the central bank of the United States. B. a wild game preserve. C. a Kentucky bourbon. D. an express mail service.
Answer:
A
Explanation:
Why is creative thinking important to generate business ideas?
Answer: Creative thinking is necessary for business problem-solving.
Explanation: The skill of creative thinking is a helpful skill because it teaches workers/business owners to find opportunities and ways to improve something even if the situation is challenging. This also lets the person face a problem or situations by a different view. I hope this helped!
One benefit of a savings account is that you can earn interest on your deposits
O True
O False
Answer:
O True
Explanation:
A savings account offers a safe and secure platform for firms and households to save money. Savings accounts are offered by financial institutions such as banks and credit unions. When customers open savings accounts, they save by depositing money in their savings accounts.
Banks and credit unions require customer deposits to create loans for other customers. They encourage customers to save by offering interest on savings or deposits. It is true that banks pay interest on customer savings.
Find the future value of an investment of $2.100 made today for the following rates and periods: (If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your answers to the nearest penny.) Excel Template (Note: This template includes the problem statement as it appears in your textbook. The problem assigned to you here may have different values. When using this template, copy the problem statement from this screen for easy reference to the values you've been given here, and be sure to update any values that may have been pre entered in the template based on the textbook version of the problem.) a. 6.25 percent compounded semiannually for 12 years. Future value $ ____
b.7.63 percent compounded quarterly for 6 years. Future value $ ____
c. 3.9 percent compounded month for 10 years Future value $ ____
d. 10 percent compounded daily for 3 years Future value $ ____
e. 8 percent compounded continuously for 2 years.
Future value $ ____
The Future value of the given investment is $4216.87, $3304.81, $2970.39, $2913.90 and $2477.85 respectively.
Given investment = $2,100
a. 6.25% compounded semi-annually for 12 years. Future value $4216.87
Future Value = A(1+r/n)nt
Future Value = 2100(1+0.0625/2)2*12
Future Value= $4,216.87
b. 7.63% compounded quarterly for 6 years. Future Value $3304.81
Future Value = A(1+r/n)nt
Future Value= 2100(1+0.0763/4)4*6
Future Value= $3,304.81
c. 3.9% compounded monthly for 10 years. Future Value $2970.39
Future Value = A(1+r/n)nt
Future Value= 2100(1+0.039/12)12*10
Future Value= $2,970.39
d. 10% compounded daily for 3 years. Future Value $2913.9
Future Value = A(1+r/n)nt
Future Value= 2100(1+0.10/365)365*3
Future Value= $2,913.90
e. 8% compounded continuously for 2 years. Future Value $2477.85
Future Value = Ae^rt
Future Value= 2100e^(0.08*2)
Future Value= $2,477.85
Therefore, the Future value of the given investment is $4216.87, $3304.81, $2970.39, $2913.90 and $2477.85 respectively.
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The fixed costs of a business are $300,000 per
year and variable costs are $2.00 per unit. The
business sells 200,000 units per year at a selling
price of $5.00. The profit made per year is:
O $300,000
O $1,000,000
O $600,000
O $1,500,000
Answer:
$300,000
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What research will help prepare you before you apply for a job?
Informational interviews on the position and background research on the
company.
Research on the subjects you need to study.
Interviewing friends and family to know if the position is a good fit for you.
Researching the salary for that job.
Answer:
Informational interviews on the position and background research on the
company.
Explanation:
A job interview helps select a suitable person to fill in the vacant position. The interviewer will ask questions to gauge the candidate's understanding of that position. Research on the positions will give a candidate confidence and content when responding to questions.
Research on the company provides background understanding, which helps them relate the job requirements and the company. This information will help convince interviewers of one suitability on the job. A candidate appears knowledgeable and familiar with what is expected of them.
what is fiscal policy
Fiscal policy is the use of government revenue collection and expenditure to influence a country's economy.
it is 3/4 because 3 +1/4
Answer:
No, it's \(3\frac{1}{4}\)
Explanation:
\(3 + \frac{1}{4} \\\\\frac{12}{4} + \frac{1}{4} \\\\\frac{13}{4} = 3\frac{1}{4}\)
The fact that Apple has no manufacturing facilities of its own a. illustrates that having more fixed assets than rival firms can provide major competitive advantages in a global recession
b. means that it is in the same position as c. has enabled it to remain financially lean.
d. has been problematic for Sony. e. has caused it to build up massive debt on its balance sheet.
The correct answer is b. means that it is in the same position as c. has enabled it to remain financially lean.
The fact that Apple does not have manufacturing facilities of its own has allowed the company to adopt a business model where it outsources the manufacturing of its products to contract manufacturers, primarily in countries like China.
This approach has enabled Apple to remain financially lean (option c) by avoiding the need for substantial investment in fixed assets such as manufacturing plants.
Instead, Apple focuses on product design, marketing, and software development, leveraging the expertise and infrastructure of its manufacturing partners.
This strategy has been instrumental in Apple's success and has helped the company maintain flexibility and respond quickly to changing market demands.
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both 1 and 2
Find the real and imaginary parts of the complex number. 8 a. Real part 8, imaginary part 8 b. Real part 0 , imaginary part 8 C. Real part 8, imaginary part 0 Evaluate the expression \( \frac{12+54 i}
a. The real part of the complex number is 8, and the imaginary part is 0.
In a complex number of the form a + bi, the real part represents the value on the real number line, while the imaginary part represents the value on the imaginary number line. For the given complex number, 8, the real part is 8, indicating that it lies on the real number line. The imaginary part is 0, indicating that it does not have any value on the imaginary number line. Therefore, the real part of the complex number is 8, and the imaginary part is 0.
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if my movie starts at 11:26 am but it takes 48 minutes to get there what time will it be when I get there
Answer:
12:34
Explanation:
It will be 12:34 if you leave at 11:26
after three summers working for a local landscaping business, scott suggested that his boss add snow removal as an extra service. with this holistic hunch, scott was acting on ________ that snow removal might be a good addition to the service offerings.
Scott's suggestion that his boss adds snow removal as an extra service shows Scott acting on intuition.
Intuition is a product of inventiveness, especially when one has creative skills for bringing out solutions to ensure success.
Scott was not acting in hindsight because he had not engaged in snow removal before. Scott did not suggest based on minority dissent since there is no opposing suggestion from the majority.
Similarly, Scott was not acting on a sudden reaction, which suggested that the boss required a business idea from Scott.
Thus, Scott was acting on intuition when he suggested to his boss embrace snow removal as an extra service with potential.
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Gloria has a coffee shop and has been in business for years. She has many
customers that are regulars, but she's looking to acquire more. So far, she has
signs around the neighborhood, a TV commercial, an ad in the newspaper,
and coupons sent to everyone in the area. Which form of advertising can she
utilize now that she hasn't already?
A. Radio
B. TV
C. Signage
D. Print
Answer:
a. radio
Explanation:
The form of advertising that Gloria can utilize now that she hasn't already is Radio.
Thus, Option A is correct.
What do you mean by advertising?Advertising is described as a strategy used to gain attention to a certain product or service among the general population. A viewership is exposed to a product, brand, or service through the use of an advertisement in order to grab their attention, promote interaction, and boost sales.
Through advertising, new products, services, and ideas are introduced to consumers. In this case, it makes a reference to the introduction of items and the search for mass consumers. Advertising is a sort of marketing communication that is used to market or sell a company's goods or services. Advertising's Latin root means "to draw people's attention toward."
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11. Which of the following statements about the role of managers
is true?
a. Managers are responsible for the success or failure of the
company.
b. Managers make up the greatest percentage of employees in a
business.
C. Managers are responsible for completing the day-to-day work
a business.
4. Managers spend most of their time planning for the future.
Che first level of management
The TRUE statement about the first (highest) level of management is 4. Managers spend most of their time planning for the future.
These managers are appointed by the owners of the business to act as agents in the interests of their principals. However, the ordering depends on the person. Sometimes, this first-level is assigned as the third-level, in reverse order.This level of management is not necessarily involved in operational activities. The managers at this level do not constitute the greatest percentage of the workforce.While first-level managers bear the responsibility for the success or failure of their company, they usually assign the function of overseeing business success and failure to the middle-level managers, who also supervise the lower-level managers.Thus, the first-level of managers are the managers who plan for the future of the company.
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Economic growth has improved the lives of many around the world,
but often with the result of resource depleting and environmental
degradation. true or false
True. Economic growth has indeed improved the lives of many people around the world, leading to increased standards of living, poverty reduction, and technological advancements.
However, it has also resulted in resource depletion and environmental degradation. The pursuit of economic growth often leads to increased consumption of natural resources, pollution, deforestation, habitat destruction , and climate change, which can have negative impacts on ecosystems and human well-being in the long run. Balancing economic growth with sustainable practices and environmental conservation is a crucial challenge for societies worldwide.
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What is globalization?
Given the 2020 recession, what should be the goal of monetary policy? Should the Fed enact expansionary or contractionary policy? In other words, should the Fed increase the money supply/credit supply or decrease the money/credit supply. Explain what they might do to achieve their goal.
Answer:
Expansionary monetary policies
Explanation:
A recession is characterized by reduced economic activities, a high unemployment rate, and low business incomes. The economy experiences a reduced demand for products and services, leading to low production and a slow economic growth rate.
In a recession like in 2020, the Fed should employ measures that will stimulate economic growth. The appropriate measures are the expansionary monetary policies. These policies seek to increase liquidity in the market, thereby increasing the aggregate demand. Expansionary monetary policies increase the money supply in the economy; they include a reduction in the reserve requirement, reduction in the discount rate, and open market purchases.
education opens the door to employment.
Answer:
yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.
A big man's position depends on all of the following accept:
A. hard work
B. inherited status
C. generosity
D. personal charisma
E. accumulation of wealth
A big man's position depends on all of the following accept inherited status. Correct option is B.
The first use of the term may be set up in the English- restatement of Dreißig Jahre in der Südsee( 1907) by Richard Parkinson. The term may be frequently set up in numerous literal workshop dealing with Papua New Guinea. Andrew Strathern applies the conception of big- men to a community in Mount Hagen, Papua New Guinea. Traditionally, among peoples ofnon-Austronesian-speaking communities, authority was attained by a man( the so- called" big man") recognised as" performing most skillfully in social, political, profitable and conventional conditioning". His function wasn't to command, but to impact his society through his illustration. He was anticipated to act as a moderator with neighbouring groups, and to periodically redistribute food( generally produced by his women). In this sense, he was seen as icing the well- being of his community. Such a system is still set up in numerous corridor of Papua New Guinea, and other corridor of Melanesia.
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In providing ____,the government establishes and enforces the laws necessary for a market economy to function
Answer:
I think that's regulations
which of the following refers to an event in an organization that can include accidental actions or malicious actions that result in a problem?
Security Incident A security incident refers to an event within an organization that can involve accidental or intentional actions leading to a problem.
A security incident refers to an event within an organization that can involve accidental or intentional actions leading to a problem. It encompasses a wide range of scenarios, including data breaches, unauthorized access to systems, malware infections, physical theft or damage to assets, and other forms of security breaches. Security incidents can result from both internal and external factors and can have serious consequences, such as compromised sensitive information, financial loss, reputational damage, or disruptions in business operations. Organizations employ various measures, such as incident response plans, security controls, and monitoring systems, to prevent, detect, and respond to security incidents promptly and effectively.
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Which of the following is an example of the average score that a class of students in a particular school received on a math exam?
1)Tacit knowledge
2)Explicit knowledge
3) Information
4) Data
the amount of money a consumer has left after paying for food, clothing, and shelter is referred to as: group of answer choices discretionary income. gross income. defined income. disposable income.
The amount of money a consumer has left after paying for food, clothing, and shelter is referred to as discretionary income.
The amount of money a consumer has left after paying for necessities such as food, clothing, and shelter is referred to as "discretionary income." Discretionary income is the money that can be spent on non-essential goods and services, such as entertainment, vacations, and luxury items. It is calculated by subtracting the total amount spent on necessities from a consumer's gross income or total income. Discretionary income is an important factor in determining consumer spending and can have a significant impact on the economy. Generally, higher discretionary income leads to higher levels of consumer spending, which can stimulate economic growth.
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Question 1 of 10
Why do managers care about soft skills when hiring for a technical job?
A. They want to know that the applicant will enjoy corporate events
and activities.
B. They want to be sure the applicant will be able to complete the
assigned tasks.
C. They want to be sure the applicant has no outside interests that
will interfere with work.
D. They want to be sure the applicant can collaborate and work well
with other team members.
D. They want to be sure the applicant can collaborate and work well
with other team members.
Explanation:
Managers do care about soft skills when hiring for a technical job as they want to be sure the applicant can collaborate and work well with other team members. The correct option is d.
What is a technical job?Technical jobs are those that require specific talents and expertise an individual possesses that help them perform a certain task or job. These skills differ from soft skills, which instead describe character and personality traits.
Technical skills are abilities an individual acquires through practice and learning, although a person may bring an inherent propensity for a certain skill. An individual who possesses a particular proficiency for coding, for instance, would have a sought-after technical skill as a job candidate at a software or technology company. Technical job skills are ideal to list on the skill section of a resume because they shine a light on abilities and strengths.
However, it is important to realize not all technical skills at an individual’s disposal should be listed.
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References that employers trust for the most accurate reporting include
a. friends
b relatives
C. counselors
d. parents
Answer: counselors
Explanation:
References that employers trust for the most accurate reporting include counselors. Employers don't trust the friends, relatives and parents of the prospective employees or employees for an accurate report because employers believe that they're not professional enough and due to their closeness to the employee, they may give false information in order to put the employee at an advantage. Employers see counselors as being more professional and will give the right informations.
It should be noted that in a case whereby a candidate performs well in his or her job tests and interviews and has a positive recommendation from his or her references together, the person has a high chance of being employed.
Answer:
C. Counselors.
Explanation:
Did the quiz
Gold Star Rice, Ltd., of Thailand exports Thai rice throughout Asia. The company grows three varieties of rice—Fragrant, White, and Loonzain. Budgeted sales by product and in total for the coming month are shown below:
Product White Fragrant Loonzain Total
Percentage of total sales 48% 20% 32% 100% Sales $ 355,200 100% $ 148,000 100% $ 236,800 100% $ 740,000 100%
Variable expenses 106,560 30% 118,400 80% 130,240 55% 355,200 48%
Contribution margin $ 248,640 70% $ 29,600 20% $ 106,560 45% 384,800 52%
Fixed expenses 227,240 Net operating income $ 157,560 Dollar sales to break even = Fixed expenses
= $227,240
= $437,000
Unit CM $0.52
As shown by these data, net operating income is budgeted at $157,560 for the month and break even sales at $437,000.
Assume that actual sales for the month total $740,000 as planned. Actual sales by product are: White, $236,800; Fragrant, $296,000; and Loonzain, $207,200.
Required:
1. Prepare a contribution format income statement for the month based on actual sales data.
Gold Star Rice, Ltd.Contribution Income StatementProduct
Product
White
Fragrant
Loonzain
Total
Percentage of total sales
2. Compute the break-even point in dollar sales for the month based on your actual data. (Round your final answer to the nearest whole dollar.)
Break-even point in sales dollars
1. Contribution format income statement for the month based on actual sales data are as follows: Gold Star Rice, Ltd. Contribution Income Statement Product White Fragrant Loonzain Total Percentage of total sales48%40%28%100%Sales$236,800$296,000$207,200$740,000Variable expenses$106,560$118,400$130,240$355,200Contribution margin$130,240$177,600$76,960$384,800Fixed expenses$227,240Net operating income$157,5602. Compute the break-even point in dollar sales for the month based on the actual data:
The break-even point in sales dollars for the month based on the actual data is $437,000.How to compute the break-even point in sales dollars? The break-even point is the point where total revenues are equal to total expenses. It is the level of sales at which a company doesn't make any profit or loss. The break-even point can be calculated using the following formula: Break-even point (units) = Fixed expenses / Unit contribution marginFor Gold Star Rice, Ltd., Fixed expenses = $227,240Unit contribution margin = $0.52The break-even point in unit sales= Fixed expenses / Unit contribution margin= $227,240 / $0.52= 437692.31UnitsThus, the break-even point in dollar sales = 437,692.31 × $1.00= $437,000.
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A man in San Rafael County was discovered committing workers' compensation fraud. He had been observed working while at the same time receiving disability benefits. Surveillance showed the man working at an automobile auction. The investigator interviewed the owner of the auction and found that the claimant was being paid $200 per week in cash for washing vehicles and performing other shop tasks. Surveillance video showed the man carrying 25-pound bags of pet food, loading boxes, and rummaging through a trash dumpster. Obviously, he was not hurt very badly. 1. Was surveillance the proper method to use in this case? Why? 2. What are some restrictions to be careful about in conducting surveillance?
Answer:
1. Yes
2. - privacy concerns
- may lack full details.
Explanation:
1. In this scenario the automobile auction house would need to show video evidence of his (San Rafael's) fraud activities to the investigator.
2. Privacy concerns such as how the information gotten from video surveillance is used may pose a challenge.
There's also the reality of a lack of full details. For instance, San Rafael may be deaf a disability that cannot be reflected well on a surveillance video that shows him working.
consider these statements pertaining to economics theory. poverty is bad. free markets creates wealth. north and south korea are two countries that were economically equal in 1950. they had populations with similar educational backgrounds, shared identical religions and ethnicity, and individuals in each country were equally wealthy. north korea adopted a non-market system while south korea adopted a free market capitalist system. today wealth is much higher in south korea and is much lower in north korea.
The statements highlight the contrasting economic outcomes between North and South Korea, where North Korea adopted a non-market system and South Korea embraced a free market capitalist system. This resulted in a significant disparity in wealth, with South Korea experiencing higher levels of prosperity compared to North Korea.
The economic divergence between North and South Korea can be attributed to their different economic systems. North Korea's adoption of a non-market system, characterized by central planning and state control, has hindered economic growth and development. In contrast, South Korea's implementation of a free market capitalist system, emphasizing private enterprise and competition, has fostered economic prosperity and wealth creation.
The differences in economic outcomes can be attributed to various factors. The free market system in South Korea has encouraged investment, innovation, and entrepreneurship, leading to increased productivity and economic growth. On the other hand, the non-market system in North Korea has limited individual freedoms, stifled market forces, and resulted in economic stagnation.
The disparity in wealth between the two countries reflects the impact of economic systems on overall prosperity. South Korea's free market capitalist approach has allowed for the accumulation of wealth, higher standards of living, and improved access to resources and opportunities. In contrast, North Korea's non-market system has contributed to lower levels of wealth and limited economic advancement for its population.
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As part of the initial investment, Ray Blake contributes equipment that had originally cost $97,300 and on which accumulated depreciation of $72,975 has been recorded. If similar equipment would cost $140,300 to replace and the partners agree on a valuation of $48,800 for the contributed equipment, what amount should be debited to the equipment account
Answer:
$48,800
Explanation:
the computation of the amount that should be debited to the equipment account is as follows:
Given that
The cost of an equipment is $97,300
the accumulated depreciation is $72,975
The replacement cost is $140,300
And, the valuation of the equipment is $48,800
So based on the above information, the amount that should be debited is equivalent to the valuation of the equipment i.e. $48,800
4. The journal entry to record costs related to extraordinary repairs would include a __________ to __________.
Answer:
First blank - Debit
Second blank - Accumulated Depreciation
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