Figurative language, which deviates from the usual sequence and meaning of words in order to express a complex meaning, colourful writing, clarity, or emotive contrast.
What is Figurative Language?Figurative language is when words are used in a way that differs from their usual sequence and meaning in order to express a complex meaning, colourful writing, clarity, or emotional comparison.Figurative language refers to wording that deviates from the literal meaning of words in order to convey a message or make a point. Originally from the Old French term "figuratif," which means "metaphorical," this definition originates to the middle of the nineteenth century.Figurative language refers to the use of words in a way that differs from their usual sequence and meaning in order to express a complex meaning, colourful writing, clarity, or emotional contrast.Complete question :
“’Tis the business of little minds to shrink; but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death. My own line of reasoning is to myself as straight and clear as a ray of light.” In this excerpt, Paine uses figurative language to
Explanation :
When he says, "My own line of reasoning seems to me as straight and clear as a ray of sunshine," he is employing a like-/-as example. If the sun's light is being used as a metaphor for purity or intellect, then he is implying that he is highly rational and aware of what is happening. He is willing to die for what he believes in because he understands what he stands for and, as he said, "would follow his convictions till death."
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all foreign companies listing their shares in the united states (are, aren't) required to restate their financial statements to comply with fasb standards.
All foreign companies listing their shares in the United States aren't required to restate their financial statements to comply with fast standards.
What are the financial statements?Financial statements are formal records of a company's, person's, or other entity's financial activities and position. Relevant financial information is presented in a structured and easy-to-understand format.
Therefore, All foreign companies with shares listed in the United States are not required to restate their financial statements in order to meet fast standards.
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Colliers, Inc. has 105,000 shares of cumulative preferred stock outstanding. The preferred stock pays dividends in the amount of $3 per share, but because of cash flow problems, the company did not pay any dividends last year. The board of directors plans to pay dividends in the amount of $750,000 this year.
A. What amount will go to preferred stockholders?
The amount that will go to preferred stockholders is $400,000 if Colliers, Inc. has 105,000 shares of cumulative preferred stock outstanding.
How do you define stock?The ownership certificates of any corporation are referred to as stocks in a general sense. On the other hand, a share alludes to the stock certificate of a specific business. A shareholder is someone who owns stock in a specific corporation. Stocks come in two varieties: common and favored.
Why do investors purchase stocks?Your investment portfolio may benefit from including stocks. Investing in stocks of various companies can help you increase your savings, shield your money from inflation and taxes, and increase the return on your assets. It's critical to be aware of the hazards associated with stock market investing.
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net primary productivity is lowest in which of the following? group of answer choices tertiary consumers secondary consumers primary consumers primary producers
Net primary productivity is lowest in primary consumers among other group of choices.
Why is it referred to as a consumer?A person is referred to as a consumer if they buy goods or services for their own use rather than for manufacturing or resale. A customer is someone who makes the choice of whether or not to purchase a product at the store or someone who is influenced by marketing and advertising.
The importance of the consumerAll goods are mostly in demand from consumers. Producing different goods in response to market demand is done by both industrial and agricultural product manufacturers. Prof. Marshall contends that the demand governs the market or production.
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Jon Oliver focused ona The lives of factory farmed chickensb The lives of the towns in which factory farms operatec The lives of the farmersd The lives of the environmental organizations
John Oliver discussed chicken, America's favorite cuisine. He focused his rant not on the welfare of birds, but on the treatment of America's chicken producers.
Despite those great statistics, according to Oliver, a surprisingly substantial number of those contract chicken producers live at or below the poverty level. When asked to comment on their destitute contract farmers, a spokeswoman for the National Chicken Council said, "Which poverty line are you talking to?" It doesn't matter, as Oliver pointed out, since "the poverty line is like the age of consent; if you find yourself analyzing precisely where it is, you've obviously already done something very, very wrong." Oliver then urged members of Congress to pass genuine legislation to protect chicken producers, followed by a call to action to edit their Wikipedia entries if they did not. Oliver then requested that members of Congress enact legislation.
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The balance sheets for Plasma Screens Corporation, along with additional information, are provided below:
PLASMA SCREENS CORPORATION
Balance Sheets
December 31, 2021 and 2020
2021 2020
Assets Current assets: Cash $ 114,250 $ 128,400 Accounts receivable 79,200 93,500 Inventory 98,000 82,700 Prepaid rent 4,600 2,300 Long-term assets: Land 495,000 495,000 Equipment 802,000 685,000 Accumulated depreciation (431,000 ) (274,000 ) Total assets $ 1,162,050 $ 1,212,900 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 102,000 $ 87,700 Interest payable 6,450 12,900 Income tax payable 8,600 5,300 Long-term liabilities: Notes payable 107,500 215,000 Stockholders' equity: Common stock 715,000 715,000 Retained earnings 222,500 177,000 Total liabilities and stockholders' equity $ 1,162,050 $ 1,212,900 Additional Information for 2021:
Net income is $72,000.
The company purchases $117,000 in equipment.
Depreciation expense is $157,000.
The company repays $107,500 in notes payable.
The company declares and pays a cash dividend of $26,500.
Can someone please help me create the statement of cash flow using the indirect method?
A cash flow statement, commonly referred to as a statement of cash flows, is a financial document that illustrates the impact of changes in the income and balance sheet accounts on cash and cash equivalents.
How to create cash flow statement ?To create the statement of cash flow using the indirect method, we can follow these steps:
Calculate net cash provided by operating activities:
Begin by calculating the net income for the year. For Plasma Screens Corporation, the net income is $72,000.
Next, add back any non-cash expenses, such as depreciation, to arrive at the net cash provided by operating activities. For Plasma Screens Corporation, the net cash provided by operating activities is calculated as follows:
Net cash provided by operating activities = Net income + Depreciation expense
= $72,000 + $157,000
= $229,000
Calculate net cash used in investing activities:
Next, calculate the net cash used in investing activities. This includes any purchases of long-term assets, such as land and equipment, as well as any investments in other businesses. For Plasma Screens Corporation, the net cash used in investing activities is calculated as follows:
Net cash used in investing activities = Purchases of long-term assets
= $117,000
Calculate net cash provided by (used in) financing activities:
Next, calculate the net cash provided by (or used in) financing activities. This includes any payments on long-term liabilities, such as notes payable, as well as any dividend payments or stock issuances. For Plasma Screens Corporation, the net cash provided by financing activities is calculated as follows:
Net cash provided by financing activities = Payments on long-term liabilities - Dividend payments
= $107,500 - $26,500
= $81,000
Calculate the net increase (decrease) in cash:
Finally, calculate the net increase (or decrease) in cash by adding the net cash provided by operating activities, net cash used in investing activities, and net cash provided by (or used in) financing activities. For Plasma Screens Corporation, the net increase in cash is calculated as follows:
Net increase in cash = Net cash provided by operating activities + Net cash used in investing activities + Net cash provided by (used in) financing activities
= $229,000 + ($117,000) + $81,000
= $193,000
Determine the ending cash balance:
To determine the ending cash balance, add the net increase in cash to the beginning cash balance. For Plasma Screens Corporation, the ending cash balance is calculated as follows:
Ending cash balance = Beginning cash balance + Net increase in cash
= $128,400 + $193,000
= $321,400
Using this information, we can create the statement of cash flow for Plasma Screens Corporation using the indirect method as follows:
PLASMA SCREENS CORPORATION
Statement of Cash Flows
For the Year Ended December 31, 2021
Using the Indirect Method
Net cash provided by operating activities:
Net income $72,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense 157,000
Net cash provided by operating activities $229,000
Net cash used in investing activities:
Purchases of long-term assets ($117,000)
Net cash used in investing activities ($117,000)
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_____happens when investors try to take advantage and profit from situations
where two identical or nearly identical assets have different rates of return
Arbitrage happens when investors try to take advantage and profit from situations.
The phenomenon that occurs when investors try to take advantage and profit from situations where two identical or nearly identical assets have different rates of return is known as arbitrage. Arbitrage is essentially a risk-free investment strategy that involves taking advantage of a price discrepancy between two or more markets.
In this type of transaction, an investor buys the asset in one market at a lower price, then immediately sells it in another market at a higher price, resulting in a risk-free profit. This type of transaction requires very fast and efficient execution to ensure that the price discrepancy remains and that the profit is realized.
As such, arbitrage is often used by sophisticated investors and financial institutions, as it requires deep knowledge of the markets and the ability to act quickly.
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FILL IN THE BLANK in macroeconomics, ____ denotes the relationship between the total quantity of goods and services and the price level for output.
In macroeconomics, aggregate demand (AD) denotes the relationship between the total quantity of goods and services and the price level for output.
Given a fixed input price, what connection does the total supply indicate?Assuming that the price of inputs remains constant, aggregate supply (AS) refers to the link between the overall amount and price level of output that businesses choose to generate.
What term is used in this situation to describe the greatest amount that an economy can produce?The maximum amount of products and services that an economy can produce at its peak efficiency, or when it is operating at capacity, is known as potential output. Potential output is frequently referred to as the economy's production capacity.
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What is the main purpose of a cover letter?
To introduce yourself and summarize your background, qualifications, and interest in a job.
To set up an interview and give employers your contact information.
To introduce yourself and explain your start date and planned vacation for the year.
To set up dates and times for interviews or introduction calls with the employer.
fill in the blanks: When building a recruiting strategy, building relationships with top sales talent at other companies is _____, while building relationships with high-performing business development reps at other companies is _____.
O a short-term strategy, a long-term strategy
O a long-term strategy, a short-term strategy
O an ideal strategy, usually a mistake
O a good primary tactic, a good secondary tactic
When building a recruiting strategy, building relationships with top sales talent at other companies is a short-term strategy, while building relationships with high-performing business development reps at other companies is a long-term strategy.
A comprehensive business plan with goals for the future is called a long-term strategy. During this cycle, you're laying out and finishing objectives to accomplish an all-encompassing objective for the organization. You can set a number of smaller goals to help you achieve your ultimate goal in order to develop a long-term strategy.
What are the business's long-term strategies?
Either through proactive, long-term strategic planning or natural (or organic) sales growth, small businesses can expand. Diversification, acquisitions, expanding distribution channels, and improved financial management practices are all options for strategies.
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Seamus had $16,000 of net short-term capital loss in 2019. In 2020, he has $17,000 of long-term capital loss and $26,000 of long-term capital gain. Which of the following statements is correct? O Seamus had a $13,000 short-term capital loss carryover to 2020.
O Seamus reports an overall $9,000 net capital gain in 2020. O Seamus reports an overall $4,000 net short-term capital loss in 2020. O Choices a, and
Seamus had a $13,000 carryover short-term capital loss to 2017 and a $4,000 overall short-term capital loss in 2017.
What takes place in the event of a capital loss?You can deduct some income in your tax return by using capital losses to reduce capital appreciation within a taxable year. You may deduct up to $3,000 of ordinary income from a capital loss each year if if don't have any capital appreciation to offset it.
Are losses on investments beneficial?Additionally, wise investors are aware that, depending on the circumstance, capital losses may be more advantageous than gains. Taxpayers will not save as much money from long-term capital losses as they will from short-term capital losses.
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Raj, who is single and itemizes deductions, provides you with the following information from her financial records for 2021. Compute Raj's AMTI. Regular income tax liability $104,044 AMT positive adjustments 33,000 AMT preferences 75,000 Taxable income 370,000 O a.$0 O b. $368,600 O c. $404,400 O d. $478,000 O e. $490,000
D) AMTI of Raj. $478,000. Regular income tax. By the end of 2022, the personal income tax rate in the Philippines is expected to reach 35.0%.
A tax imposed by the government on an individual or business's income is known as an income tax. The various tax divisions are subject to the same tax rate. Taxes can be either direct or indirect.
Particular Taxable Earnings: 370,000
Add: 33,000 additional positive AMT
adjustments Raj's AMTI is valued at $478,000,
so, AMT prefers 75,000.
Pay from pay is the amount of Essential compensation + HRA + Exceptional Remittance + Transport Recompense + some other stipend.
What does income tax mean?Individuals (or families) and businesses alike pay an income tax. The amount of income received is used to calculate individual income tax. Since it is likely borne by those who pay it, it is typically categorized as a direct tax.
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Equipment was acquired on January 1, 2024, for
$24,000
with an estimated four-year life and
$1,000
residual value. The company uses straight-line depreciation. Which of the following entries would be used to record the sale of the equipment for
$7,300
on December
31,2026?
Cash$7,300
Depreciation Added Up $10,875
24 000 $ for equipment
Briefing:-Gain $875
Annual Depreciation = (24,000-$1,000)/4 = 5750
Depreciation over time equals 5750 x 3 to 17250.
24000/17250 Equals 6750 in terms of book value.
Gain on sale: (7,300 - 6,750) = 550
Definitions and examples of equipmentAn item that can be touched and used for many years, equipment is a physical long-term asset that helps a firm. Equipment includes things like computers, vehicles, and industrial machines. They are physical objects, unlike intangible assets (such patents, trademarks, or copyrights) which lack a physical form, making them tangible.
What kinds of equipment are there?agricultural machinery equipment list for agriculture.
audio apparatus.
camping supplies.
financial machinery.
equipment for cricket.
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What factors contributed to novartis’s invoice processing being so complex?. How did IT help the company solve that problem?
The factors contributed to Novartis's invoice processing being so complex is that:
The majority of the company's invoices come from foreign vendors, thus there are variations in their layout, language, taxes, and currency. As a result, a lot of them became "query items" that needed to be manually resolved by Novartis accounting personnel. This caused payments to be delayed and made processing those invoices very expensive.Describe the firm Novartis?They are provider of healthcare. It is a corporation that offers services all over the world. Novartis must cope with a staggering variety of various languages and currencies because it is a global corporation. Due to the need to provide invoice processing in accordance with each member's currency and language while keeping cohesion, it becomes extremely complicated.
Therefore, the intricacy of the invoicing is mostly due to the disparity in currencies; hence, frequent currency conversion is already necessary.
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In 2000, Ms. Ennis, a head of household, contributed $50,000 in exchange for 500 shares of Seta stock. Seta is a qualified small business. This year, Ms. Ennis sold all 500 shares for $117,400. Her only other investment income was an $8,600 long-term capital gain from the sale of land. Her taxable income before consideration of her two capital transactions is $590,000. Assume the taxable year is 2016. Use Individual tax rate schedules.
a. Compute Ms. Enis's taxable income, income tax and Medicare contribution tax for the year.
b. How would the computation change if Ms. Ennis acquired the Seta stock in 2014 instead of 2000?
Compute Taxable Income, Income Tax and Medicare Contribution Tax for each.
Ms. Ennis, a head of home, gave $50,000 in exchange for 500 shares of Sets stock in 2000. Seta is an approved small enterprise.
What sorts of entities fall under the corporate umbrella?A corporation is a legal body that is owned by its shareholders, who also choose a board of directors to manage the organization's operations. The company is responsible for the business's operations and financial state.
What are corporations and their different types?A corporation can be established as either a for-profit or a non-profit organization. The majority of businesses are for-profit organizations, and they are created to make money and give back to their shareholders in proportion to their ownership stakes in the company.
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The City Council has adopted a minimum cash reserve policy. General Fund : 15-25% of next year's expenditures and preferably at the 20-25% level Refuse Fund: 20-30%, but no less than $500,000. Sewer Fund : 65-75%, but no less than $1,500,000. Street Fund : 20-30%, but no less than $1,000,000. Storm Water Fund : 10-20%, but no less than $200,000. Emergency Fund: $1 ,500,000 minimum. how is the city doing financially?
Governmental funds, such as the General Fund, Special Revenue Funds, Capital Projects Funds.
What is Governmental Funds and Fund Balance ?Debt Service Funds, and Permanent Funds, are characterized by a short-term or current flow of financial resources, a measurement focus, and an accounting basis that excludes long-term assets and long-term liabilities.
The distinction between the fund assets and fund liabilities of these funds is referred to as the fund balance, which is used to define the resources that amass in these funds.
The measure of net working capital used in private sector accounting is comparable to Fund Balance. By definition, long-term assets and long-term liabilities are not included in fund balance or net working capital.
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You have performed the calculations for 2019, so now you move on to 2020. to return average contributions in 2020 (contributions 2020), you use the avg function. you use the following section of a sql query to find this average and store it in the avglinetotal variable:
AVG(contributions_2020) AS AvgLineTotal
- True
- False
The appropriate SQL statement is AG (contributions- 2020) AS AvgLinetotal to retrieve the average contribution in 2020.
SQL stands for Structured Query Language. SQL allows you to access and edit databases. SQL was approved as a standard by the American National Standards Institute (ANSI) and the International Organization for Standardization (ISO) in 1986.
The records of a database table are obtained using a SQL SELECT statement in accordance with clauses that establish criteria (such as FROM and WHERE). In terms of syntax, consider the following query: SELECT column1 FROM table1 AND column2 FROM table2 WHERE column2='value';
SQL commands are the instructions required to interact with a database in order to perform operations, functions, and queries on data. SQL commands can be used to search the database and to create, add data to, edit, and remove tables, among other things.
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The inflation tax:a. Is an alternative to income taxes and government borrowing,b. Taxes most those who hold the most money,c. Is the revenue created when the government prints money,d. All of the above are correct.
All the above are correct. The term "inflation tax" does not relate to a formal tax paid to the government; rather, it refers to the penalty for holding money during a period of high inflation.
The inflation tax is not a government-imposed tax; rather, it is a natural occurrence caused by sustained price increases and currency depreciation. The Inflation Tax is made up of two parts:
The buying power of an economy's money supply.The effect of unanticipated inflation on government debt.Inflation taxes both investment "income" and interest, as opposed to nominal profits or nominal interest rates. This means that if a person purchases a bond with an interest rate of 8% and an inflation rate of 4%, he or she will earn the "Real" interest rate of 4%.
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The economy consists of two consumers, Hubert and Eileen. They have ordered a pizza and are deciding how to divide it between themselves. They have brainstormed a few solutions, and now they want to consult an economist to determine if their solutions are efficient and fair. Assume that a pizza consists of eight slices, and the more pizza Hubert and Eileen eat, the happier they are.
One of their solutions is for Rajiv to take the entire pizza and devour it himself, leaving nothing for Yakov. An economist would say this solution is O neither efficient nor fair O efficient and fair O fair but not efficient O efficient but not fair
One of their solutions is for Hubert to take the entire pizza and devour it himself, leaving nothing for Eileen. An economist would say this solution is neither efficient nor fair. This is related to Macroeconomics.
Economics is a social science that has practitioners and professionals. Macroeconomic analysis, microeconomic analysis, financial statement analysis, mathematical finance, and philosophical economics are just a few of the many sub-fields that fall under this umbrella. The person can also research, develop, and use economic ideas and concepts, as well as write about economic policy. These subfields employ analytical techniques and tools such econometrics, statistics, financial economics, mathematical economics, and economic computational models.
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Maxcorp bonds sell for $1,065.15. the bond life is 9 years, and the yield to maturity is 7%. what is the coupon rate on the bonds? (assume a face value of $1,000 and annual coupon payments.) note: do not round intermediate calculations. enter your answer as a percent rounded to 1 decimal place.
Coupon rate ______%
The bonds have an 8% coupon rate. The yearly salary an investor can anticipate while owning a specific bond is known as that of the coupon rate.
What is the rate of the coupon?We are given the information and now we must calculate the cuopon rate:The current market value is 1065.15.Market value corresponds to the coupon payment plus the maturity, plus 1, nine years until maturity, rate 0.079 PV = 504.4371 at maturity.Market value corresponds to coupon payment plus maturity, which is 1,065.15, the less contribution of 504.44, or 501.83.The true price of the coupon payment Using the annuity formula, we calculate coupon rate as follows: PV $501.83 time 9 at a rate of 0.079 C - $80.00.We are aware that the coupon payments is equal to the following: face value times bond interest ( 1,000 x r = 80, r = 80/1,000 = 0.08).
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Several techniques can be used to obtain an indication of value. The cost approach to valuation would most likely be used for which of the following properties?
a. One-family residential property.
b. Retail office space.
c. Education facility.
d. High-rise apartments.
e. Office buildings.
Option C, Education facility. The cost technique produces a value indication that is the total of the expected land value, the depreciated cost valuation of the building, and the cost of other modifications.
A real valuation method known as the "cost approach" predicts that a buyer should pay an amount for a piece of property that is equal to what it would cost to construct a structure of similar value size. According to the cost technique, the valuation of the property is determined by adding the land cost to the total building expenses, less depreciation. Any valuation structure primarily used for Education facility, including one that houses a school, a training program value, or a course of instruction, is referred to as an educational facility.
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Suppose the Economics Department has a graduation party for its students but as a final test they must show they have learned something about trade. The men are given food when they walk in and the women are given drink. Suppose they have very different preferences where food and drink provide utility. For men U = F^a D^b. For women U=min(F, D) The contract curve in the Edgeworth box using a representative man and woman would be O a right angle connecting the lower left corner with the upper right corner.
O a curve (not necessarily a line) connecting the lower left corner with the upper right corner. O a line connecting the lower left corner with the upper right corner. O a right angle connecting the upper left corner with the lower right corner
linking the lower left and upper right corners with a curve (not necessarily a line).
Which of the following does not, in the short run, define perfect competition?A trait of perfect competition is not product differentiation. The traits of perfect competition are price-taking, buyer freedom of entry and exit, and a sizable number of buyers and sellers.
Is perfect competition effective and beneficial in the near term?Perfect markets are not always efficient or productive in the near term. But as new businesses enter the market, long-term productive efficiency is attained. Price and cost are lowered to the minimum of typical long-term costs as a result of increased competition.
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If the us utilized a managed float exchange rate system, the central bank of the us may attempt to dampen (slow down) the us. economy by the dollar. such an adjustment in the dollar's value should the us consumer's demand for products produced by major foreign countries
Under a managed float exchange rate system, the Fed may attempt to stimulate the U.S. economy by weakening the dollar. Such an adjustment in the dollar's value should decrease the U.S. demand for products produced by major foreign countries.
By making adjustments to the value of the dollar, the central bank may be able to dampen the US economy by decreasing the demand for foreign products.
This would be done by making the dollar stronger compared to other currencies and thus making imports more expensive for US consumers. This would decrease demand for foreign products and could lead to a reduction in the US economy.
Additionally, if the US central bank makes the dollar weaker, foreign products would become cheaper, which could increase demand and stimulate the US economy. In either case, the managed float exchange rate system can be used to control the US economy by adjusting the value of the dollar.
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Complete question:
Under a managed float exchange rate system, the Fed may attempt to stimulate the U.S. economy by ____ the dollar. Such an adjustment in the dollar's value should ____ the U.S. demand for products produced by major foreign countries.
Uli Adventures provides tours of scenic locations in Oregon. The company expects tours taken to increase dramatically compared with the prior year. For the past year, 2017, the number of tours given were as follows: First quarter 8,000 Second quarter 10,000 Third quarter 10,000 Fourth quarter 11,000 Assume that sales for each quarter in 2018 will be 30 percent higher than in 2017 and that the price per tour is $79. Prepare a sales budget by quarter for 2018. Enter your answers as amounts only with neither commas nor decimals. Third Quarter Second Quarter $ Fourth Quarter $ First Quarter Budgeted $ sales dollars $
QUARTER SALES BUDGET FOR 2018: First quarter is 821600, Second quarter is 1027000, Third quarter is 1027000, Fourth quarter is 1129700.
WHAT IS SALES BUDGET?The amount the entity anticipates selling and the revenue from the sale are forecasted in a sales budget. based on the management's assessment of the market's competition, economic conditions, production capacity, consumer current market demands, and historical trends. Of such expected quantity in the future period.
ENTRY CHART:
2017(units) 2018(units)=2017 Price Budgeted sales ($)
units*130%
1. 8000 10400 79 821600
2. 10000 13000 79 1027000
3. 10000 13000 79 1027000
4. 11000 14300 79 1129700
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which of the following is not a provision of the public company accounting reform and investor protection act of 2002 (sarbanes-oxley)? the act:
Changed the entity responsible for setting accounting standards is not a provision of the public company accounting reform and investor protection act of 2002.
What is public company accounting reform and investor protection act of 2002?The Public Company Accounting Oversight Board is created by the Public Company Accounting Reform and Investor Protection Act of 2002 to impose penalties on registered public accounting firms and their affiliated individuals. Congress passed the Sarbanes-Oxley Act of 2002 in response to massive corporate fraud and failures. By establishing new auditor criteria and shifting accountability for the thorough and accurate management of financial reports, the legislation imposed new regulations for corporations. In order to safeguard investors and advance the public interest in the creation of relevant, accurate, and independent audit reports, the PCAOB is a nonprofit organization that Congress created to monitor the audits of public businesses.To learn more about company accounting reform refer to:
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relevant financial information for gordon, inc. and jordan, inc. for the current year is provided below. ($ in millions) gordon, inc. jordan, inc. net sales $ 3,280 $ 6,540 net income 118 132 total assets, beginning 1,420 2,230 total assets, ending 1,600 2,020 based on these data, which of the following is a correct conclusion?
Asset Turnover is 2.2 times for Gordon and 3.1 times for Jordan.
Gordon Inc Jordan Inc
Net sales 3280 6540
Average Assets= (Beginning Assets+Ending Assets)/2 1510 2125
Asset Turnover = (Net Sales/Average Assets) 2.2 3.1
An asset, in enterprise phrases, is the aid of a price that you very own or rent that allows you to run your commercial enterprise. those sources can be tangible items inclusive of computer systems and petty cash, or non-bodily things along with goodwill, recognition, and logo. An enterprise asset is an item of value owned through an enterprise. enterprise belongings span many classes. They can be physical, tangible goods, including motors, actual property, computer systems, office furnishings, and other furnishings, or intangible gadgets, which include intellectual belongings.
By retaining correct asset statistics on your enterprise balance sheet, you may: show the profitability and the financial position of your business. create correct earnings and loss reporting. increase goodwill and advantageous attitudes toward your commercial enterprise. consequently, employees are the maximum treasured assets an employer has. it is their abilities, knowledge, and experience that cannot get replaced. So, going ahead, groups want to vicinity emphasis and importance on the contribution that employees that they've so as to propel themselves in advance.
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here are four statements about production in a firm. which of them are true? if total product is rising, marginal product must also be rising ap microecon
The Total Product (TP) grows at an increasing rate as the Marginal Product (MP) grows.
What distinguishes the two terms, marginal cost and marginal product?The total cost to create one additional unit of a good or service is known as the marginal cost in economics. Marginal product is the additional output produced by one more unit of input, such as a worker more.
How can I calculate the total and marginal product?At 0 degrees of input employment, the marginal product is unexplained since inputs cannot accept negative values. The total product is equal to the sum of the marginal products of all previous units of an input, regardless of its degree. Therefore, the sum of marginal products is the total product.
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The range for the right hand side of the constraint show the limit within show the value of the RHS can be changed without changing the value of
Side is the constraint's right-hand side; The amount you can increase the right side of the constraint without changing the basis is known as the allowable increase.
The amount you can reduce the right side of the constraint without changing the basis is shown by the allowable decrease.
Which of the following is true when a constraint's slope is altered by changing its RHS?A constraint's slope can be altered by changing its RHS. In the optimal solution, a constraint of less than or equal to with positive slack will always have an infinitely small RHS decrease.
What are the ranges on the right side?The range over which a single right-side value can fluctuate without altering the optimal solution's foundation is referred to as the right-side ranges. The shadow prices and reduced costs' values are guaranteed to remain unchanged within these ranges on the right-hand side.
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economist(s) thought that government should stay out of economic decisions, that the economy should be guided by the forces of supply and demand alone
Keynes supported governmental intervention in times of economic upheaval. He argued in "General Theory" that economies are intrinsically unstable and that public spending and policy must be increased in order to achieve full employment.
What should the government do, according to Keynes, to support the economy?In the long term, we are all going to die, as he put it, so governments should deal with problems now rather than waiting for the market to fix them afterwards. Keynesians oppose making frequent changes to policy to maintain full employment.
Which school of thought in economics claims that the only way to increase economic growth is to reduce rules and taxes?The supply side philosophy contends that the government should focus on increasing economic output by reducing taxes and regulations rather than trying to regulate the economy by controlling wages and prices. In the end, it considers market mechanisms to be the best means of ensuring everyone's prosperity.
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Answer:
Adam Smith
Explanation:
As a supporter of Smith's theories you are most likely to feel the government should not drastically change its policies when faced with an economic crisis and that, eventually, the problems will resolve themselves through market forces (supply and demand).
what should my cover letter look like
A cover letter is a special kind of letter that is enclosed with other letters and describes the contents of the other documents. Consider a cover letter that is included with a resume.
How does a Cover Letter Look Like?Below is a sample of a cover letter:
4th January, 2024.
The Human Resource Manager,
Bliss Experience,
Atlanta 3033,
Dear Human Resource Manager,
Application for Associate Role
I am excited to see the opening for the role of an associate marketer. I am a dynamic marketer with years of experience in digital marking and affiliate marketing.
If I am chosen for this role, I will bring in my professionalism and ability to work with teams in providing clear cut solutions for client of Bliss Experience.
Kindly find attached to this letter, my Cover Letter for your perusal.
Yours Faithfully,
Samuel Wonderful.
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The economy moves from point A, where it produces 100 units of X and 200 units of Y, to point B, where it produces 200 units of X and 150 units of Y. It follows that
a)point A is a productive inefficient point.
b)point A may be a productive inefficient point.
c)point A may be a productive efficient point.
d)point B is a productive efficient point.
e)b and c
Option E, B and C (point A may be a productive inefficient point; point A may be a productive efficient point.) Because economy of a technical advancement, more of good X can be produced with less labor.
The economy could be able to produce more things through inefficient means without employing any more capital. Production Efficiency vs. Inefficiency Inefficient productive occurs when production elements are distributed in contrast to comparative advantage. Because the economy can generate more of at least one productive thing with the use of available economy resources and technology, points that are strictly below the frontier or curve are inefficient. Points on the frontier or curve are productive.
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