Land and natural resources, labor, capital, and entrepreneurship are the four fundamental components. The environment is referred regarded as a fifth factor of production by contemporary economists.
Are there 5 factors of production?The resources that people use to create goods and services are known as factors of production in economics; they serve as the foundation of the economy.The four categories of factors of production that economists distinguish between are land, labor, capital, and entrepreneurialism.Generally speaking, one of the most crucial production elements is land. Land is more important to some sectors than others. For instance, a developer of real estate needs it to recover its investments.Natural resources (land, water, soil, rainfall), labor, and capital make up the bulk of the industrial process. These are several goods that farmers make, each of which relies on inputs to yield results.To Learn more About factor of production Refer to:
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The Hull Petroleum Company and Inverted V are retail gasoline franchises that compete in a local market to sell gasoline to consumers. Hull and Inverted V are located across the street from each other and can observe the prices posted on each other's marquees. Demand for gasoline in this market is Q= 80-12 and both franchises obtain gasoline from their supplier at $410 per gallon. On the day that both franchises opened for business, each owner was observed changing the price of gasoline advertised on its marquee more than 10 times: the owner of Hull lowered its price to slightly undercut Inverted V's price, and the owner of Inverted V lowered its advertised price to beat Hull's price. Since then, prices appear to have stabilized. Under current conditions, how many gallons of gasoline are sold in the market, and at what price? Instructions: Enter your responses rounded to the nearest two decimal places Gallons sold: Price: $
Answer:
I believe that the demand equation is incomplete, since there is no price (P).
If we just solve this equation like it is, the quantity demanded = 80 - 12 = 68 gallons
if we add the price into the equation:
Q = 80 - 12P
since this is a competitive market, in order to maximize profits, marginal revenue = marginal cost = $4.10 per gallon (not $410).
That means that both companies will sell gasoline at $4.10 per gallon
equilibrium quantity = 80 - (12 x 4.10) = 30.8 gallons of gasoline
What is a Capital Gain on an investment?
Money that you are paid for letting others borrow your money for a period of time.
An increase in the number of investment types you add to your portfolio.
Increase in value of an equity investment that is a result of appreciation of that asset.
Money that you are paid as a result of owning stock in a company that is earning a profit.
Profits from investments are referred to as capital gains. Capital gains are "realized" when investments are sold for more than they were originally purchased, at which point you must pay taxes on the profit.
What exactly are capital gains and how are they taxed?Most investments that are sold after being held for at least a year are subject to capital gains taxes. A Schedule D form is used to record the taxes.
Are capital gains equivalent to income?Based on the source of the profit, capital gains and other investment income are different. Capital gains are the profits made when an investment is sold for more money than it cost to buy it. Investment income is the gain from dividends, interest payments, and capital gains.
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Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as:.
Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as User-generated content.
User-generated contentUGC for short is content that is created, published or submitted by users of a brand. In numerous cases, it's the most influential content for brands. Usually, contributors are unpaid fans who encourage a brand instead of the brand promoting itself.
Online users are evolved increasingly savvy in knowing which companies are using messy marketing tactics, and which ones are being genuine and evident.
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ECONOMICS CHAPTER 2 SECTION 3
explain the relationship between the terms in each of these pairs
A. Private property rights and market
B. laissez-faire and capitalism
C. Specialization and profit
D. Factor market and product market
ECONOMICS CHAPTER 2 SECTION 3
Private property rights and market is in which people buy and sell resources or goods and services.
Private property rights are the rights of individuals and groups to own property and the market is any place or situation in which people buy and sell resources and goods and services.
Laissez-faire and capitalism-The relation-ship between laissez-faire and capitalism is laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention.
Specialization and profit- The relation-ship between specialization and profit is the companies specialize in making one product or one component of a product, if this product will make at large scale, companies reduces it's cost to earn profit.
Factor market and product market- The relation-ship between Factor market and product market is the factor market is running by the demand of product market. The product market is sold their goods and services with the demand of factor market to production these goods and services.
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A firm decides to raise capital and has made a preliminary decision to sell a block of securities to the entity that makes the highest offer. this procedure is referred to as a?
The procedure described, where a firm decides to sell a block of securities to the entity that makes the highest offer, is commonly referred to as an auction. Specifically, it can be categorized as a "competitive auction" or a "bidding process."
In a competitive auction, the firm invites potential buyers or investors to submit their bids for the securities being offered. The interested parties compete by submitting their highest offers, and the firm then selects the bid that provides the most favorable terms, such as the highest price or most advantageous conditions. The entity that makes the highest bid is typically awarded the block of securities.
Competitive auctions are commonly used for initial public offerings (IPOs), secondary offerings, or the sale of large blocks of securities. This approach allows the firm to assess the market demand and determine the highest value it can receive for the securities being sold. It provides an opportunity for potential buyers to compete for the securities and obtain them based on their submitted bids.
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the sequence of work for a job is also known as its
Answer:
Routing
Explanation:
which of the following is false regarding the location of manufacturing plants? question 6 options: many u.s. firms have relocated their manufacturing plants to asia or latin america to reduce labor costs. the potential downside to relocating a plant to another country is an increase in tariffs or transportation costs. a potential downside to relocating a plant to another country is that exchange rates could fluctuate and cause an increase in costs. it is always a good idea to locate a manufacturing plant in a country where the labor is cheap. all of the above are false statements.
The false statement regarding the location of manufacturing plants is answer D, it is always a good idea to locate a manufacturing plant in a country where the labor is cheap.
The cheap labor may be a consideration in deciding where to locate a manufacturing plant, it is not the only or always the most important factor.
Other factors, such as infrastructure, political stability, Exchange rates and tariffs, taxes, access to raw materials, market demand, and government regulations can also significantly impact the decision.
Therefore, it is not always a good idea to locate a manufacturing plant in a country where labor is cheap. So, the false statement is option D).
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during the year, melissa’s magic markers charged $30 in depreciation and $10 in amortization. what is melissa’s magic markers’ 2019 ebitda to total interest coverage ratio?
This indicator is used to assess the solvency of heavily indebted organisations. A business's EBITDA (earnings before interest, taxes, depreciation, and amortisation) and lease payments are compared.
Earnings before interest and taxes (EBIT) are divided by the total interest expense on all of the company's outstanding obligations to arrive at the interest coverage ratio. A business's debt may consist of bonds, loans, and credit lines. Depending on the industry, a "good" EBITDA margin interest range from 40% to 60%, although in most sectors, this is a favourable sign. If those margins were, for example, 10%, it would be clear that the companies had issues with both cash flow and profitability.
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Why are wages and salaries generally determined by the market for labor?
According to maximum economics textbooks, our wages and salaries are decided similar to another price: with the aid of using deliver and call for. People deliver their labor, and organizations call for it, growing a marketplace for labor.
Many dealers and shoppers of exertions services. Consequently, salary and salaries are decided by the intersection of the call for exertions and the deliver for exertions. A curve displaying the one-of-a-kind portions of exertions employers are inclined to lease at one-of-a-kind salary quotes in a given time period, ceteris paribus.
Wages are determined via way of means of deliver and demand, however they may be encouraged via way of means of an extensive kind of factors, along with the price of dwelling in a selected area, the presence of a union and the present-day minimal wage.
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You are saving for a Porsche Carrera Cabriolet, which currently sells for nearly half a million dollars. Your plan is to deposit $30,800 at the end of each year for the next 10 years. You expect to earn 7 percent each year. Required: 1. Determine how much you will have saved after 10 years. 2. Determine the amount saved if you were able to deposit $33,300 each year. 3. Determine the amount saved if you deposit $30,800 each year, but with 11 percent interest. Complete this question by entering your answers in the tabs below. Determine how much you will have saved after 10 years. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1. ) (Use appropriate factor(s) from the tables provided. Round your final answer to the nearest whole dollar.) Complete this question by entering your answers in the tabs below. Determine the amount saved if you were able to deposit $33,300 each year. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Round your final answer to the nearest whole dollar.) Complete this question by entering your answers in the tabs below. Determine the amount saved if you deposit $30,800 each year, but with 11 percent interest. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Round your final answer to the nearest whole dollar.)
If you deposit $30,800 each year with an interest rate of 11%, you would have saved approximately $565,997 after 10 years.
To calculate the future value of savings, we can use the formula for the future value of an ordinary annuity:
Future Value = Payment x [(1 + Interest Rate)^(Number of Periods) - 1] / Interest Rate
Determine how much you will have saved after 10 years with an annual deposit of $30,800 and an interest rate of 7%:
Future Value = $30,800 x [(1 + 0.07)^10 - 1] / 0.07 ≈ $443,652
After 10 years, you will have saved approximately $443,652.
Determine the amount saved if you were able to deposit $33,300 each year with an interest rate of 7%:
Future Value = $33,300 x [(1 + 0.07)^10 - 1] / 0.07 ≈ $478,438
If you were able to deposit $33,300 each year, you would have saved approximately $478,438 after 10 years.
Determine the amount saved if you deposit $30,800 each year with an interest rate of 11%:
Future Value = $30,800 x [(1 + 0.11)^10 - 1] / 0.11 ≈ $565,997
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Midyear on july 31st, the chester corporation's balance sheet reported: total assets of $124.287 million total common stock of $3.810 million cash of $6.030 million retained earnings of $26.732 million. what were the chester corporation's total liabilitie
The total liabilities of the Chester corporations as on July 31st will be $99,775.
What are total liabilities?
The amount of payments which are yet to be made, but are accrued by the receiver. The total liabilities are the calculation of total assets less equities and capitals of such firm.
Using the given information in the formula below, we get,
\(\rm Total\ Liabilities\ = Total\ Assets\ -\ Total\ Equities\\\\\rm Total\ Liabilities\ = 130317\ -\ 30542\\\\\rm Total\ Liabilities\ =\$99,775\)
Thus, the total liabilities of Chester Corporation is computed as $99,775.
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Problem statement
• The owner of a real estate who owns high rise buildings wants
a system that will allow his employees to rent out his building’s
apartments to people.
• A Customer who is inte
A Customer who is interested in renting an apartment from the real estate owner requires a user-friendly system that enables them to search for
available apartments, view detailed estate information about each apartment (e.g., number of rooms, amenities, location), submit rental applications, and track the status of their application. The system should provide a seamless and efficient process for the customer to communicate with the real estate company, schedule property tours, sign employees rental agreements electronically, and make rental payments. Additionally, the customer may also require buildings access to relevant documents such as lease terms, rules, and regulations.
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operations are able to respond quickly to customers and changes in the environment in a decentralized organization because ______.
It should be noted that operations are able to respond quickly to customers in a decentralized organization because there are fewer managers that must be consulted before a decision is made.
A decentralized organization simply means an organization where the decisions are made by the low-level managers.
Therefore, in this case, operations are able to respond quickly to customers in a decentralized organization because there are fewer managers unlike a centralized organization.
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QUESTION TWO (20 MARKS)
In October 2015, the top management of Homers Vehicle Company of Madina, Greater Accra announced its plans to relocate its manufacturing and assembly operations to a new plant in Suame, Ashanti Region. The firm, a major producer of pickup campers and camper trailers, had experienced 5 consecutive years of declining profits as a result of spiraling production costs. The costs of labor and raw materials had increased alarmingly, utility costs had gone up sharply, and taxes and transportation expenses had steadily climbed upward. Despite increased sales, the company suffered its first net loss since operations were begun in 1982.
When management initially considered relocation, it closely scrutinized several geographic areas. Of primary importance to the relocation decision were the availability of adequate transportation facilities, state and municipal tax structures, an adequate labor supply, positive community attitudes, reasonable site costs, and financial inducements.
Although several communities offered essentially the same incentives, the management of Homers Vehicle Company was favorably impressed by the efforts of the Kumasi Power and Light Company to attract "clean, labor-intensive" industry and the enthusiasm exhibited by regional and local officials, who actively sought to bolster the regions’s economy by enticing manufacturing firms to locate within its boundaries.
Two weeks prior to the announcement, management of Homers Vehicle Company finalized its relocation plans. An existing building in Rotary industrial park was selected (the physical facility had previously housed a mobile home manufacturer that had gone bankrupt due to inadequate financing and poor management); initial recruiting was begun through the regions employment office; and efforts to lease or sell the Madina property were initiated. Among the inducements offered Homers Vehicle Company to locate in Suame were:
1. Exemption from regional and municipal taxes for 5 years
2. Free water and sewage services
3. Construction of a second loading dock—free of cost—at the industrial site
4. An agreement to issue GH¢500,000 in industrial bonds for future expansion
5. Public-financed training of workers in a local industrial trade school
In addition to these inducements, other factors weighed heavily in the decision to locate in the Suame town. Labor costs would be significantly less than those incurred in Madina; organized labor was not expected to be as powerful; and utility costs and taxes would be moderate. All in all, the management of Homers Vehicle Company felt that its decision was sound. On October 15, the following announcement was attached to each employee’s paycheck:
To: Employees of Homers Vehicle Company
From: James Mensah, President
The Management of Homers Vehicle Company regretfully announces its plans to cease all manufacturing operations in Madina on December 31. Because of increased operating
costs and the unreasonable demands forced upon the company by the union, it has become impossible to operate profitably. I sincerely appreciate the fine service that each of you has rendered to the company during the past years. If I can be of assistance in helping you find suitable employment with another firm, please let me know. Thank you again for your cooperation and past service.
Required:
Evaluate the inducements offered Homers Vehicle Company by community leaders in Suame, Ashanti Region whether they should be the only basis to be considered for the relocation decision. (2 marks)
What problems would a company experience in relocating its executives from a heavily populated industrialized area to a small rural town? (8 marks)
Evaluate the reasons cited by James Mensah for relocation. Are they justifiable? (4 marks)
How can the principles of human capacity in capacity planning be applied when a decision to cease operations is made? What legal and ethical responsibilities does a firm have to its employees when a decision to cease operations is made? (6 marks)
The inducements offered by the Suame community leaders are important, but they should not be the sole basis for the relocation decision. Relocating executives from an industrialized area to a rural town can present challenges related to amenities, talent attraction. James Mensah's reasons for relocation, citing increased costs and union demands, are justifiable based on the information provided.
1. Evaluation of inducements for relocation:
The inducements offered by community leaders in Suame, Ashanti Region are certainly important factors to consider in the relocation decision. They provide financial benefits and support for the company's operations. However, relying solely on these inducements as the basis for the relocation decision would be short-sighted. Other critical factors, such as the availability of an adequate labor supply, transportation facilities, tax structures, community attitudes, and site costs, should also be carefully evaluated. It is crucial to consider the long-term sustainability and viability of the new location, beyond the initial incentives offered.
2. Problems in relocating executives:
Relocating executives from a heavily populated industrialized area to a small rural town can pose several challenges:
a) Limited amenities and services: The rural town may have limited infrastructure, amenities, and services compared to the industrialized area, making it difficult for executives and their families to adjust to the new environment.
b) Talent attraction and retention: Executives may be hesitant to relocate to a small rural town due to limited career opportunities for themselves and their spouses, as well as potential concerns about the quality of education and healthcare facilities for their families.
c) Disruption of social networks: Executives and their families may have established social networks in the industrialized area, and relocating to a new town could result in a loss of social connections and support systems.
d) Cultural differences: Executives may face challenges in adapting to the cultural differences and social norms of the rural town, which can affect their integration into the local community.
3. Evaluation of reasons cited by James Mensah:
The reasons cited by James Mensah for relocation, including increased operating costs and unreasonable union demands, can be considered justifiable based on the information provided. The company experienced declining profits due to rising production costs, including labor, raw materials, utilities, taxes, and transportation expenses. These cost factors, combined with the demands imposed by the union, made it difficult for the company to operate profitably in Madina. Therefore, the decision to relocate to Suame, where labor costs were lower, utility costs and taxes were moderate, and the union influence was expected to be less powerful, seems reasonable from a business perspective.
4. Application of human capacity principles and firm responsibilities:
When a decision to cease operations is made, the principles of human capacity in capacity planning can be applied to address the firm's legal and ethical responsibilities towards its employees. This involves:
a) Workforce transition planning: The firm should develop a comprehensive plan to assist employees in finding suitable employment with other firms. This may include providing job placement assistance, offering retraining programs, and facilitating networking opportunities.
b) Respect for employee rights: The firm should ensure that employees' legal rights, such as severance pay and benefits, are honored in accordance with labor laws and employment contracts.
c) Transparent communication: The firm should maintain open and honest communication with employees, explaining the reasons for the decision to cease operations and providing updates on the transition process.
d) Support and counseling: The firm should offer emotional support and counseling services to help employees cope with the uncertainty and stress associated with job loss.
e) Compliance with legal obligations: The firm must comply with all legal requirements, such as providing notice periods, adhering to termination procedures, and fulfilling any financial obligations towards employees.
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even if the economy is declining, the financial market can still do well.
Even if the economy is declining, the financial market can still perform well. This statement is correct.
The performance of the economy and the financial market is not always directly correlated. The economy refers to the overall health of a country's production, trade, and services, and it is measured by indicators such as gross domestic product (GDP), unemployment rate, and inflation.
The financial market, on the other hand, refers to the buying and selling of stocks, bonds, and other securities, and it is measured by indicators such as stock market indexes and interest rates.
During an economic downturn, the stock market can still perform well due to several factors such as low-interest rates, company earnings, and investor sentiment.
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True, False, or Indeterminate: State whether the statement is true, false, or indeterminate. (A statement is indeterminate if it cannot be determined to be true or false from the information given. ) Claim: Assuming that there are no changes to the nominal interest rates of loans, an unexpectedly high rate of inflation makes borrowers better off and lenders worse off
False. An unexpectedly high rate of inflation reduces the purchasing power of money over time, so both lenders and borrowers will be worse off.
What is inflation?Inflation is an economic term used to describe a sustained, general rise in the prices of goods and services in an economy over a period of time. Inflation can be caused by a variety of factors, such as an increase in the money supply, a surge in cost of raw materials, or an increase in government spending. Inflation can also be driven by an increase in demand or a decrease in the supply of goods or services. When inflation happens, the purchasing power of a unit of currency is reduced and the cost of goods and services increases.
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GDP is defined as:
A. Gross Domestic Product
B. Sum of consumer purchases over a period of time
C. Business Investment
D. Government investment
E. all of the above
Answer:
Gross Domestic Product.
Answer:
Gross domestic product
Which view is used to enter data into an Access table by default?
Datasheet
Grid
Design
Layout
The answer is Datasheet.
What is the datasheet view?A web datasheet view in an Access app displays online data arranged in rows and columns in a web browser. It can allow data edits or not, as you prefer. When you create a web datasheet view in Access, it opens in Design View, where you can set the record source.
Which view is used to display the data of the table?In relational databases, data is structured using various database objects like tables, stored procedures, views, clusters, etc. This article aims to walk you through 'SQL VIEW' – one of the widely-used database objects in SQL Server.
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if the natural rate of unemployment is 5 percent and the actual rate of unemployment is 7 percent, then by definition there is\
When the natural rate of unemployment is 5% and the actual rate of unemployment is 7%, then by definition there is 2% cyclical unemployment in the economy.
In this given statement, we have been provided with the natural rate of unemployment, which is 5%, and the actual rate of unemployment, which is 7%. The natural rate of unemployment is the minimum rate of unemployment that is present when the labor market is in equilibrium and there is no cyclical unemployment in the economy.
The actual rate of unemployment, on the other hand, is the rate of unemployment that is observed in the economy, which may be higher or lower than the natural rate of unemployment depending on the economic conditions such as a recession or economic growth.
By definition, the amount by which the actual rate of unemployment exceeds the natural rate of unemployment is known as cyclical unemployment. Therefore, if the natural rate of unemployment is 5% and the actual rate of unemployment is 7%, then by definition there is 2% cyclical unemployment in the economy.
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Which of the following options is a strong argument for why you should receive a raise?
Pay is a major factor in why people leave their occupations, among many other factors. Pay is linked to several indicators of job satisfaction in addition to helping your staff cover their living expenditures. Giving the appropriate starting salary and maintaining inflation rates is insufficient. It might be expensive to hire a new employee. Staff raises will not only aid in employee retention but also boost productivity as morale rises. Exceeding Expectations, Loyalty, Seeking Professional Development, Producing High-Quality Work, Driving Sales and Revenue, Possessing Special Skills and Talents, Demonstrating a Positive Attitude, Being Responsible, Taking Initiative, and Going Above and Beyond are the reasons they deserve a raise.
A raise is an increment in the wage or hourly rate that an employee is paid for services rendered to a company.
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Which item is most often included along with a resume as part of a job application?
A. Follow-up letter
B. Work samples
C. Acceptance letter
D. Cover letter
Answer:
D. Cover letter
Explanation:
A cover letter is sent together with a resume by a job applicant to a potential employer. The cover letter details the job the applicant is applying for.
While a resume shows the technical and work experiences of the applicant, the cover letter shows their personal side. The cover letter allows a candidate to demonstrate why they are the best for the position. A cover letter gives each candidate an opportunity to market themselves to the employer.
Fill in the customer satisfaction survey You go to your in-house database, which houses eCompeteUSA's domestic and international sales as well as revenue composition over the past 10 years. You examine this data and apply some statistical analysis in order to help decide where to go next. What should you present at the next meeting to put your investigation on the right path?a. Present the trends in the growth of the U.S. eSports market, because the majority of eCompeteUSA's sales are domestic.b. Present data on eCompeteUSA's current revenue streams, broken down by source with sales trend extrapolations.c. After further consideration, you decide to step back and work on defining the research problem.
Answer: After further consideration, you decide to step back and work on defining the research problem.
Explanation:
Based on the options given, the answer will be "After further consideration, you decide to step back and work on defining the research problem".
It should be noted that the research problem isn't stated and one doesn't really know what the person wants to do. Do the right thing is to work on the research problem first before doing any other thing.
If the population described by this distribution includes 120,500 houses, how many houses cost at least $100,000
In order to determine the number of houses that cost at least $100,000, we need to use the cumulative frequency distribution function.
Let's suppose that x is the cost of a house and y is the frequency of houses costing at most x dollars.
We have the following cumulative frequency distribution for the given data in the table shown below:
Cost of Houses (x)
Cumulative Frequency (y)
$80,000
$10,000
$90,000
$30,000
$100,000
$80,000
$110,000
$110,000
$120,000
$120,500
Let F(x) be the cumulative frequency of houses that cost at most x dollars.
F(x) = y
For x = $80,000,
F(x) = 10,000
For x = $90,000,
F(x) = 30,000
For x = $100,000,
F(x) = 80,000
Therefore, the number of houses that cost at least $100,000 is 120,500 - 80,000 = 40,500 houses.
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What is an Income Tax? for education
Answer:
If your employer pays more than $5,250 for educational benefits for you during the year, you must generally pay tax on the amount over $5,250. Your employer should include in your wages (Form W-2, box 1) the amount that you must include in income.
Explanation:
Answer:
Explanation:
An income tax is a tax imposed on individuals or entities that varies with respective income or profits. Income tax generally is computed as the product of a tax rate times taxable income. Taxation rates may vary by type or characteristics of the taxpayer. The tax rate may increase as taxable income increases
can someone help me with this please.
Answer:
sure
Explanation:
no image
Help me stuck on this!!!!!
Explain THREE reasons why some entrepreneurs may prefer to keep their businesses small.
Answer:
It may provide more money, less people will try to buy your store, and it also helps with your credit
Explanation:
Leah is buying a car. She has saved money for a down payment, and she takes out a loan to finance the rest of the amount owed. How much will Leah have to pay back?
A. The principal only
B. The principal minus the down payment
C. The down payment only
D. The principal plus interest
Answer:
Answer: D
Explanation:
Leah takes out a loan to finance the rest of the amount owed. She will have to pay back the principal plus interest. The appropriate response is option D.
What is the principal ?The principal of a loan is the sum that was initially borrowed and is still owing. Any accrued but unpaid interest related to the loan is not included in this sum. The phrase can also be used to describe the principal party to a contract or other type of commercial transaction.
The principal serves as the cornerstone upon which everything else is paid off or constructed, respectively, for both loans and investment accounts.
When a debt is incurred by the borrowing of money, interest is the sum that is charged. It may take a company or person some time to pay off a debt, so interest is frequently charged on a regular basis to promote prompt repayment of the initial sum.
Simple interest and compound interest are the two methods for calculating interest. Simple interest is calculated on a loan's principal. Compound interest is often referred to as "interest on interest".
Hence, the appropriate response is option D.
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How many years would it take for money to increase to 3 times the initial amount at an interest rate of 18% per year?
Answer:
7 years (to the nearest year)
Explanation:
Given that;
A = amount
P= principal
t = time
r = rate
A =3P(given in the question)
Formula for compound interest;
A = P(1 + r)^t
Substituting values;
3P = P(1 + 18/100)^t
3P/P= (1.18)^t
3 = (1.18)^t
log 3 = t log 1.18
t = log 3/log 1.18
t = 0.4771/0.0719
t = 6.6 years
t = 7 years (to the nearest year)
Which of the following is NOT an example of a metric
?
Answer:
can you tell me what the choices are and I'll answer in the comments
Explanation:
floor gang aooh sub to pewdiepie
(refer to the basic risk assessment matrix tool in the risk management handbook) what would be the level of risk for an remote hazard with catastrophic consequences? quizlet
In a basic risk assessment matrix, typically, the level of risk is determined by considering the likelihood or probability of an event occurring and the potential consequences of that event.
The matrix usually categorizes the risk into levels such as low, medium, and high, or uses numerical scales.
For a remote hazard with catastrophic consequences, the level of risk would generally be considered high. Even though the likelihood of the hazard occurring is remote, the catastrophic consequences indicate that if it were to happen, the impact would be severe.
However, it's important to note that risk assessment methodologies and terminology may vary across different industries and organizations.
It would be best to refer to specific risk management handbooks or resources that provide detailed risk assessment frameworks for a more accurate understanding of risk levels and their associated criteria.
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