Market resources would a producer buy the equipment and technology needed to manufacture bicycles.
What other names are given to the market system?
A market economy, usually referred to as a free market or free enterprise economy, is a system in which supply and demand governs economic decisions, including those pertaining to things like the prices of goods and services.
What is management of market resources?
The term "marketing resource management" (MRM) refers to a method of marketing administration that concentrates on the full pool of resources available to the marketing team, including personnel and financial resources. Management of production procedures, external vendors, and even digital asset management are all included.
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Which of the following is not correct about the money kept in transactions accounts? Multiple Choice It is a good substitute for cash in many cases. It permits direct payment to a third party It is part of the basic money supply It is backed by gold held by the government
Money kept in transactions accounts is not backed by gold held by the government. Instead, it serves as a convenient substitute for cash, permits direct payments, and is considered part of the basic money supply.
Money kept in transactions accounts, such as checking or current accounts, is not backed by gold held by the government. The modern monetary system operates on a fiat currency system, where the value of money is not directly linked to a physical commodity like gold. Instead, the value of transactions accounts is based on the trust and confidence of the public in the currency and the stability of the banking system. Transactions accounts are widely accepted as a convenient substitute for cash, allowing individuals to make direct payments to third parties electronically or through checks. They are considered part of the basic money supply, providing a medium of exchange and facilitating everyday transactions in the economy.
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Mexico, Brazil, and Argentina all have __________ development.
A.
high
B.
medium or average
C.
low
D.
very low
Please select the best answer from the choices provided
A
B
C
D
Answer:
Hey Friend.....
Explanation:
This is ur answer....
A. HighHope it helps!
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On 1 July 2014 Padma Ltd acquires 25 per cent of the issued capital of Jamuna Ltd for a cash consideration of $360 000.
At the date of acquisition, the shareholders’ equity of Jamuna Ltd is:
Share capital $450 000
Retained earnings $300 000
Total shareholders’ equity 750 000
Additional information
• On the date of acquisition, buildings have a carrying amount in the accounts of Jamuna Ltd of $240 000 and a
market value of $300 000. The buildings have an estimated useful life of 10 years after 1 July 2014.
• For the year ending 30 June 2015 Jamuna Ltd records an after-tax profit of $90 000, from which it pays a
dividend of $30 000.
• For the year ending 30 June 2016 Jamuna Ltd records an after-tax profit of $300 000, from which it pays a
dividend of $150 000.
• Assume a tax rate of 30% is assumed
Required
Apply equity method of accounting to:
(a) Calculate the amount of goodwill at the date of acquisition (3 marks)
(b) Prepare the journal entries for the year ending 30 June 2015 (3 marks)
(c) Prepare the journal entries for the year ending 30 June 2016 (5 marks)
The goodwill at the date of acquisition is $172,500. Journal entries for the year ending 30 June 2015 are Investment in Jamuna Ltd - $22,500 and Dividend revenue - $7,500. Journal entries for the year ending 30 June 2016 are Investment in Jamuna Ltd - $75,000, Dividend revenue - $37,500and Gain on revaluation of buildings - $75,000.
The amount of goodwill at the date of acquisition can be calculated as follows
Consideration paid for 25% of Jamuna Ltd = $360,000
Share of net assets of Jamuna Ltd acquired = 25% of $750,000 = $187,500
Goodwill = Consideration paid - Share of net assets acquired
Goodwill = $360,000 - $187,500 = $172,500
Therefore, the goodwill at the date of acquisition is $172,500.
Journal entries for the year ending 30 June 2015:
Investment in Jamuna Ltd (25% x $90,000) = $22,500
Dividend income = $7,500
(To record receipt of dividend from Jamuna Ltd)
Investment in Jamuna Ltd = $22,500
Share of net income of Jamuna Ltd (25% x $90,000) = $22,500
(To record equity in earnings of Jamuna Ltd)
Journal entries for the year ending 30 June 2016:
Investment in Jamuna Ltd (25% x $300,000) = $75,000
Dividend income = $37,500
(To record receipt of dividend from Jamuna Ltd)
Investment in Jamuna Ltd = $75,000
Share of net income of Jamuna Ltd (25% x $300,000) = $75,000
(To record equity in earnings of Jamuna Ltd)
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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:
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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4. Which of the following would most likely produce the best rate of return on your investment?
Stock investment with a 7% average rate of return.
Savings account with a 3% interest rate
Mutual fund with a 5% average rate of return.
Checking account with 1.5% interest rate
Answer:A - stock investment with a 7% average rate of return
Explanation: I took the quiz !
The most likely produce the best rate of return on your investment is that Stock investment with a 7% average rate of return.
What is the stock investment?
It means when we purchase the shares of ownership in a public company so the small shares should be called the stock of the company.
By investing in the stock the company should grow and perform well in the future.
So based on this, we can say that the first option is correct.
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
When there are many buyers and sellers, no significant barriers to entry, and a differentiated product, the market structure is called
The market structure where there are many buyers and sellers, no significant barriers to entry, and a differentiated product is a monopolistic competition.
What is a monopolistic competition?
A monopolistic competition is when there are many buyers and sellers of differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. A firm in a monopolistic industry sets the price for its goods and services.
An example of monopolistic competition are restaurants.
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which of the following is not an employability skill?
1. ethical behavior
2. teamwork
3. technology
4. sales
Sales is not an employability skill. Employability skills are the general skills, personal qualities, and attitudes that are necessary for success in any job or career. They include things like communication, problem-solving, teamwork, time management, leadership, adaptability, and ethical behavior, among others.
Sales, on the other hand, refers to a specific job function that involves selling products or services to customers. While sales may require certain skills such as communication, negotiation, and customer service, it is not considered a general employability skill.
Using the following information: 1. The bank statement balance is $3,066. 2. The cash account balance is $3,208. 3. Outstanding checks amounted to $707. 4. Deposits in transit are $709. 5. The bank service charge is $131. 6. A check for $52 for supplies was recorded as $43 in the ledger.
After deducting outstanding checks and adding deposits in transit, the adjusted cash account balance is $3,210. Deducting the bank service charge and adding, the final adjusted cash account balance is $3,088.
Given: Bank statement balance = $3,066Cash account balance = $3,208Outstanding checks = $707Deposits in transit = $709Bank service charge = $131Check for supplies recorded as $43, the actual amount was $52
Calculating the adjusted cash balance:
Step 1: Deduct outstanding checks from the cash account balance$3,208 - $707 = $2,501
Step 2: Add deposits in transit to the adjusted cash account balance$2,501 + $709 = $3,210
Step 3: Deduct bank service charge from the adjusted cash account balance$3,210 - $131 = $3,079
Step 4: Add the amount of the error to the adjusted cash account balance$3,079 + $9 = $3,088
Therefore, the adjusted cash account balance is $3,088.
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. Determine the monthly payments of principal and interest for a 20 year loan
e. Determine their total monthly payment, including homeowners' insurance and taxes
f. Determine whether the couple will qualify for the 20 year loan
g. Determine how much of the first payment on the loan is applies to the principal.
In order to determine the monthly payments of principal and interest for a 20-year loan, we can use the loan amount, interest rate, and loan term to calculate the amortized monthly payments.
e) By adding the monthly payments of principal and interest to the homeowners' insurance and property taxes, we can determine the total monthly payment.
f) By considering the couple's income, credit score, and debt-to-income ratio, we can evaluate whether they qualify for the 20-year loan.
g) With an amortization schedule and the loan details, we can determine the specific amount that applies to the principal in the first payment.
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disadvantages of tabular representation of data in economics
Answer:
There are not many disadvantages in the tabular presentation of data, but one of the disadvantages of this presentation of data is that it does not provide a detailed view of the data which is provided with the textual presentation.
Explanation:
Tabular presentations could also have a few problems related to mobile use:
There is not enough space to put all the columns on the screen, so it has to be moved manually, which is not economic.If the columns are shrunk, it will minimize the letters, so it won’t be legible.It will slow down the mobile phone.What would an investor look at if they want to know how much
cash Coles and Woolworths can free up for new opportunities, such
as expanding into a new sales region? Explain (4 Marks)
investors can gain insights into Coles and Woolworths' cash-generating capabilities and their ability to allocate funds for new opportunities. A thorough analysis of cash flow, working capital, capital expenditure plans, and debt levels helps investors assess the financial strength and growth potential of the companies.
An investor would look at several key factors to assess how much cash Coles and Woolworths can free up for new opportunities, such as expanding into a new sales region. These factors include:
Cash flow from operations: Investors would analyze the cash flow generated from the core operations of Coles and Woolworths. This includes examining the companies' ability to generate positive cash flow from their day-to-day business activities. Strong and consistent cash flow from operations indicates that the companies have the potential to allocate funds towards new opportunities.
Working capital management: Investors would assess how efficiently Coles and Woolworths manage their working capital, which comprises current assets and liabilities. Effective management of inventory, accounts receivable, and accounts payable can enhance the companies' cash position. By reducing inventory levels or improving collection of receivables, the companies can potentially increase the amount of cash available for new investments.
Capital expenditure plans: Investors would review Coles and Woolworths' capital expenditure plans to understand their allocation of funds for expansion and growth initiatives. This includes evaluating the companies' investment in new stores, distribution centers, technology upgrades, and other infrastructure required to support expansion into new sales regions. By assessing the magnitude and timing of these capital expenditures, investors can gauge the impact on available cash.
Debt levels and financing options: Investors would analyze Coles and Woolworths' debt levels and their ability to access financing options. High levels of debt may limit the amount of cash available for new opportunities, as a significant portion of cash flow may be directed towards interest payments and debt servicing. Conversely, access to favorable financing options can provide additional capital for expansion plans.
By considering these factors, investors can gain insights into Coles and Woolworths' cash-generating capabilities and their ability to allocate funds for new opportunities. A thorough analysis of cash flow, working capital, capital expenditure plans, and debt levels helps investors assess the financial strength and growth potential of the companies.
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1. Assume that a piece of property is purchased for $75, 000. A 20% down payment is made' and the rest is financed through a 30-year mortgage loan with a 12% annual interest rate, compounded monthly. The loan will be repaid in equal monthly payments. Calculate the monthly payments.
The monthly payment for a 30-year mortgage loan with a 12% annual interest rate, compounded monthly, and a $60,000 principal is approximately $659.96.
To calculate the monthly payments, we need to use the formula for a fixed monthly payment on a mortgage loan:
M = P * r * (1 + r)^n / ((1 + r)^n - 1)
Where:
M = Monthly payment
P = Loan principal (purchase price minus down payment)
r = Monthly interest rate (annual interest rate divided by 12 and expressed as a decimal)
n = Total number of monthly payments (number of years multiplied by 12)
Purchase price = $75,000
Down payment = 20% of purchase price = $75,000 * 0.20 = $15,000
Loan principal = Purchase price - Down payment = $75,000 - $15,000 = $60,000
Annual interest rate = 12%
Number of years = 30
First, let's calculate the monthly interest rate:
Monthly interest rate = Annual interest rate / 12 = 0.12 / 12 = 0.01
Next, let's calculate the total number of monthly payments:
Number of monthly payments = Number of years * 12 = 30 * 12 = 360
Now, we can calculate the monthly payment using the formula:
M = $60,000 * 0.01 * (1 + 0.01)^360 / ((1 + 0.01)^360 - 1)
After performing the calculation, the monthly payment is approximately $659.96.
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what is money????????
Money is a currency that is currently in use and is made up of both coins and banknotes. Thus option (B) is correct.
What is money?Money is a trade good accepted by general consent as a medium of economic conversation. It is the medium in which prices and values are expressed. It flows from person to person and country to country, making trade, and it is the debt measure of wealth. Money is any good that is widely used and accepted in written accounts involving the transfer of goods and divine service from one person to another.
Money is a good that is widely acknowledged as a means of economic exchange. It serves as the medium for expressing values and pricing. It is the primary indicator of wealth since it moves from person to person and country to country, allowing trade.
Therefore, Thus option (B) is correct.
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How has private enterprise strengthened the united states economy?
Answer:
to generate prosperity and produce goods and services that meet people's needs and improve their lives.
Explanation:
Because businesses cannot outgrow the economy of their communities
any business ideas u guys want to do in the future?
Explanation:
I would like to be a pathologist because they peform autospys which is when they figure out how a person died or a paramedic
You are planning to build a new home with approximately 2 comma 0002,000-2 comma 5002,500 gross square feet of living space on one floor. In addition, you are planning an attached two-car garage (with storage space) of approximately 450450 gross square feet. Develop a cost and revenue structure for designing and constructing, operating (occupying) for 1010 years, and then selling the home at the end of the 1010th year.
What did you learn about universal values and ethics from the categorical imperative list?
What happens when a society does not have ethical standards? Be sure to discuss the example of the situation in Brazil.
Who are the victims of corruption and graft?
Do you think following U.S. ethical standards in other countries is wise? Would it be unethical not to follow those standards? Explain your answer.
Answer:
When a society does not have ethical standards, it can lead to corruption, which can negatively impact the economy and the well-being of the people in that society. A good example of this is the situation in Brazil, where corruption has been rampant, with politicians and businesspeople engaging in bribery and other illegal activities.
The victims of corruption and graft are often the poorest and most vulnerable members of society, as they are the ones who suffer the most from the negative effects of corruption, such as reduced access to public services and increased poverty.
I think it's important to respect the ethical standards of other countries when conducting business or interacting with people from those countries. Not doing so could be seen as disrespectful and could damage relationships. However, it's also important to be aware of potential cultural differences in ethical standards and to be respectful of those differences.
Which of the following external forces is a part of a firm’s task environment? Multiple Choice the composition of the strategic group to which the firm belongs the interest rates prevalent in the economy in which the firm operates the inflation level in the economy in which the firm operates the recent innovations in process technology, including lean manufacturing
The external force that is a part of a firm's environment is the the composition of the strategic group to which the firm belongs.
What is a firm?A firm can be referred to as a business organization that was put in place or developed solely for the sake of making profits.
The firm has to have a good strategic group as a part of its environment. It is one of the factors that would help it to succeed.
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Which of the following is a protected class?
A. Educational status
B. Marketers
C. Benefits
D. Age
Answer:
D. Age
Explanation:
Protected class refers to the class in which the employees protected from discrimination by law. It can be in terms of age, religion, race, color etc. The persons who have age of 40 years or above is covered under the Age Discrimination in Employment Act (ADEA).
Therefore according to the given situation the correct answer is D.
there are these Karens at my house putting their trash in front of MY HOUSE and what can i do?
Answer:
call the cops
Explanation:
First have a conversation with them and if they do not understand simply be a Karen yourself and call the cops. I am pretty sure they will know what to do because that is YOUR property (or at least your own space that you pay for).
Tina, a sales manager, is interviewing a worker who applied for a sales job. She likes the applicant so much that she says, "This is a great place to work. If you are loyal to us, we will be loyal to you, and you can count on a job here." Phil, the HR manager, learns what Tina said. He asks her not to make this kind of statement again. What reason best explains why Tina's comment was unwise?
The reason why the comment by Tina was unwise was because A. Tina's statement could be taken as an implied contract to keep the worker in future, making it hard to dismiss the worker if problems arise.
Why should Tina not have said that?Tina essentially gave the applicant an implied contract because she gave the applicant terms that they needed to abide by in order to get the job and to keep it.
Those terms revolved around loyalty. This means that if the company needed to dismiss the worker in future, the worker could go to court and argue that they deserve to keep their job because they have given the loyalty that was a requisite according to Tina.
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Answer:
Tina's statement could be taken as an implied contract to keep the worker in the future making it hard to dismiss the worker if problems arise
tao is a front-line manager at a heating and cooling company. because tao has worked in the field for over 20 years, he is able to train employees, answer questions, provide guidance, and solve problems. these abilities most closely describe his
Tao's abilities most closely describe his leadership skills. As a front-line manager at the company, Tao is responsible for overseeing and guiding the employees who work directly with customers.
His extensive experience in the field allows him to effectively train employees, answer questions, provide guidance, and solve problems. These are all important aspects of being a good leader and are essential for ensuring that the company runs smoothly and efficiently.
These attributes are crucial for ensuring the company operates efficiently and serves its customers effectively.
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In the context of influence tactics, _____ is particularly effective for gaining support and resources for a new project.
In the context of influence tactics, consultation is particularly effective for gaining support and resources for a new project.
What is Consultation?This refers to the external use of a person or source to gain knowledge or seek perspective about a particular thing.
Hence, we can see that in the context of influence tactics, the use of consultation is a very effective tool as it can be used to gather support and resources for a given project due to the involvement of external forces.
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a service provided by -e-government that requires access to the Internet is _____.
A. RFID tags
B. E-tax returns
C. Radio programming
D. CCTV (Closed circuit TV)
Answer:
B. E-tax returns
Explanation:
E-tax returns is the electronic filing of tax returns via the internet. It entails online submission of pre-approved tax return forms available on the tax authority's website.
In recent years, governments have put measures to facilitate e-returns. It has simplified the process making it popular among taxpayers. Electronic tax filing has have contributed to having a high number of citizens registering as taxpayers.
On January 1, Wei company begins the accounting period with a $39,000 credit balance in allowance for doubtful accounts. a. On February 1, the company determined that $8,600 in customer accounts was uncollectible; specifically, $1,800 for Oakley Co. and $6,800 for Brookes Co. Prepare the journal entry to write off those two accounts. b. On June 5, the company unexpectedly received a $1,800 payment on a customer account, Oakley Company, that had previously been written off in part a. Prepare the entries necessary to reinstate the account and to record the cash received.
The Accounts Receivable - Oakley Co. is $1,800. The money in your current account, or the money the Bank owes you, is referred to as your credit balance.
What is credit balance?An sum that the card issuer owes you can be seen as a credit balance on your billing statement. With each purchase you make, credits are added to your account. When you return something you purchased with a credit card, a credit might be applied.
Date Accounts and Explanation Debit Credit
Feb-01 Allowance for doubtful accounts $8,600
Accounts Receivable - Oakley Co. $1,800
Accounts Receivable - Brookes Co. $6,800
(To record write off uncollectibles)
Jun.-05 Accounts Receivable - Oakley Co. $1,800
Allowance for doubtful accounts $1,800
(To record the reinstate account that was previously write off)
Jun.-05 Cash $1,800
Accounts Receivable - Oakley Co. $1,800
(To record cash received)
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your journal how does the habit of creating a budgetâ€â€and sticking to itâ€â€reflect financial maturity and responsibility?
Creating a budget and sticking to it reflects financial maturity and responsibility by promoting disciplined financial management and informed decision-making.
How does creating a budget promote disciplined financial management?Creating a budget requires careful consideration of income, expenses, and financial goals. It involves tracking and categorizing expenses, identifying areas of overspending, and setting realistic financial targets. By adhering to a budget, individuals develop discipline in their spending habits, making conscious choices about where their money goes. This fosters responsible financial behavior by ensuring that spending aligns with financial priorities and goals.
Additionally, budgeting facilitates informed decision-making. It provides a clear overview of income and expenses, allowing individuals to evaluate their financial health and make adjustments as needed. Budgeting also helps identify opportunities for savings and investments, enabling individuals to build an emergency fund, pay off debt, or pursue long-term financial objectives.
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Stakeholders and their influence- Who are the stakeholders of your business? How do these stakeholders influence your business? for a pharmacy business
Answer:
The stakeholders of a pharmacy business include:
Customers: They are the primary stakeholders of the business. They influence the business by determining the demand for the products and services offered by the pharmacy.
Employees: They are responsible for the day-to-day operations of the business. They influence the business by their level of productivity, job satisfaction, and employee retention.
Suppliers: They supply the products and services needed to run the business. They influence the business by their ability to deliver products and services on time and at a reasonable cost.
Shareholders: They own the business and have a vested interest in its financial performance. They influence the business by providing capital and by making decisions about the direction of the business.
Government: They regulate and oversee the pharmacy industry. They influence the business by imposing regulations and laws that the pharmacy must comply with.
Competitors: They also influence the business by determining the level of competition and the prices of products and services in the market.
Community: The community in which the pharmacy is located also influences the business through public opinion and support.
Health Care Providers: They play a vital role in the pharmacy business as they prescribe the medications and influence the demand of the products and services offered by the pharmacy.
Stakeholders influence the pharmacy business by making decisions, providing support, creating competition, and setting regulations. A pharmacy must take into account the interests and needs of all of its stakeholders in order to be successful in the long term.
Explanation:
1. How does income get from business to Consumers?
The transfer and redistribution of capital happens through multiple mechanisms and directional flows
Transfers of income from businesses to consumers can occur through the economic redistribution from taxation. Businesses can also sell to consumers who in-turn resell.