4. Analyze. What is wrong with this statement:
"Individuals were worse off in 1960 because they
didn't earn as much as individuals earn today"?
Answer:
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The three primary policy tools available to those officials in charge of our country's monetary policy are a reserve requirements, the discount rate, and open-market operations. b reserve requirements, the ability to tax banks, and the discount rate. c the ability to tax banks, the discount rate, and open-market operations. d consumer protection laws, the ability to tax banks, and the ability to reduce the individual income tax rate.
Answer:
a. reserve requirements, the discount rate, and open-market operations.
Explanation:
Monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, monetary policy is used to increase money supply (liquidity) while it is also used to prevent inflation by reducing money supply.
Additionally, money supply comprises of checks, cash, money market mutual funds (MMF) and credit (mortgage, bonds and loans).
The three (3) primary policy tools available to the governmental officials in charge of our country's monetary policy are reserve requirements, the discount rate, and open-market operations.
Answer:
a. reserve requirements, the discount rate, and open-market operations.
Explanation:
The three primary policy tools available to those officials in charge of our country's monetary policy are reserve requirements, the discount rate, and open-market operations.
The Outpost, a sole proprietorship currently sells short leather jackets for $369 each. The firm is considering selling long coats also. The long coats would sell for $719 each and the company expects to sell 820 a year. If the company decides to carry the long coat, management feels that the annual sales of the short jacket will decline from 1,120 to 1,040 units. Variable costs on the jacket are $228 and $435 on the long coat. The fixed costs for this project are $23,100, depreciation is $10,400 a year, and the tax rate is 34 percent. What is the projected operating cash flow for this project
Answer:
$134,546
Explanation:
Calculation to determine the projected operating cash flow for this project
Projected operating cash flow=
{[820 × ($719 − 435)] + [(1,040 − 1,120) × ($369 − 228)] − $23,100} × {1 − .34} + {$10,400 × .34}
Projected operating cash flow={[820 × $284)] + [$80 × $141] − $23,100} × {.66} + {$3,436}
Projected operating cash flow= $134,546
Therefore the projected operating cash flow for this project is $134,546
what do you know about the world of work? (please don't search it up)
id rly appreciate anyone's help asap, thanks in advance! (not business, it's career ed. just chose the closest subject to it).
Answer:
The world of work is the environment at which work is done.
Explanation:
The world of work can be an environment,space or place of work.
Question 5
A company that sells ownership shares to many investors is a
Answer:
Corporation.
Explanation:
A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.
This ultimately implies that, a corporation is a corporate organization that owns or controls its business in two or more countries.
Generally, a corporation is considered to be perpetual in nature and it is a body that comprises of a group of people such as directors, shareholders etc., who act as a single entity.
Corporations can be sold to investors through stocks or shares, as a public entity. Thus, a company that engages in the sales of ownership shares to many investors is referred to as a corporation.
Additionally, a corporation that its stock is being traded in a public market is required to report earnings per share on their income statement.
Suppose Paris Household Sales (PHS), headquartered in California, acquires fine furniture from several high-quality manufacturers in France and enjoys exclusive distribution rights from them to sell to furniture stores throughout California. In this context, PHS is most likely classified as
A. a service provider.
B. an industrial firm.
C. a reseller.
D. a government agency.
E. a producer.
Answer:
Option C
Explanation:
In simple words, A reseller can be defined as the business or individuals (merchant) that buys products or activities with the aim of reselling them instead of utilizing or consuming them. Inside the communications business for example, corporations purchase surplus transmission bandwidth or call times from larger providers and resale it to smaller providers.
The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States . . .; To borrow Money on the credit of the United States; To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes. —Constitution of the United States, Article I, Section 8 Which of these are expressed powers granted by this part of Article I, Section 8? Check all that apply.
Answer:
To lay and collect Taxes, Duties, Imposts and ExcisesTo pay the Debts and provide for the common Defense and general Welfare of the United States. To borrow Money on the credit of the United States.To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes.Explanation:
Congress as a Federal governmental branch, has the power to undertake certain things for the United States as a whole instead of for individual states. Article 1, Section 8 of the Constitution shows these powers which include: Congress will be able to collect taxes on from all states as well as duties, imposts and excises for the entire country.
Congress shall also be able to pay off debt and pass budgets for the defense of the nations. They will be able to borrow for the entire nation on the credit of the U.S. as a whole.
And finally, they can regulate commerce with foreign states and among the various states themselves but not within and as Indian tribes are seen as partly sovereign, only Congress can make deals with them as well.
Answer:
1. lay and collect taxes and duties
2. pay debts
5. borrow money
6. regulate commerce with foreign nations
4. Select the FALSE statement below: A. A partnership approach to planning for mass casualty incidents helps to ensure that the plans for your organization are compatible with those of the agencies that would respond if an incident occurred. B. A plan for mass casualty incidents should include protective actions to reduce vulnerabilities, response actions to minimize negative consequences, and postincident actions to promote community recovery. C. It is important to customize your emergency plan to reflect the risks, realities, and resources that characterize the local area and your own organization. D. When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization.
Answer: D. When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization.
Explanation:
Mass casualty incident refers to a situation in which medical services are overwhelmed by the number of casualties.
From the options given, the false statement is that "When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization".
This is incorrect. In a mass casualty, a separate plan cannot be developed for an organization. All the casualties are entitled to same plan.
write the different profession and human resources related to engineering and explain any two of them
Answer:
The professions related to engineering includes
Mechanical engineering
Biomedical engineering
Electronics engineering
Chemical (process) engineering
Petroleum engineering
Materials engineering
Human resources related to engineering includes
Welders
Mechanics
Plumbers
Electricians
Fitters
Carpenters
Brick layers
Operators
Machinist
Explanation:
Mechanical engineering profession
Mechanical engineering profession focuses on the branch of engineering that is related to designing, construction, and implementation of machine that provides energy, force or motion, in industry, homes, school, or office to meet the needs of the society
Welder
A welder is a person that regularly makes use of equipment meant for welding to create acceptable quality welds
Bates Company makes two products. Product X requires 8,000 hours of labor, and Product Y requires 6,000 hours of labor. Bates undertook an automation program that reduced the consumption of labor required by Product X to only 4,000 hours of labor. Product Y was not affected by the automation process. Overhead cost prior to the automation totaled $15,400. After automation, overhead cost amounted to $35,000. Assuming Bates uses direct labor hours as a companywide allocation base before and after the automation, the amount of overhead cost allocated to:
Answer:
Product Y would be $6,600 prior to automation and $26,400 after automation
Explanation:
Calculation to determine the amount of overhead cost allocated to:
Predetermined overhead rate prior to automation = Estimated overhead / Estimated direct labor hours
Predetermined overhead rate prior to automation=$15,400/(8,000+6,000)
Predetermined overhead rate prior to automation= $15,400 / 14,000
Predetermined overhead rate prior to automation= $1.1per hour
Overhead allocated to product X prior to automation = 8000*$1.1
Overhead allocated to product X prior to automation= $8,800
Overhead allocated to product Y prior to automation = 6000*$1.1
Overhead allocated to product Y prior to automation= $6,600
Predetermined overhead rate after automation = Estimated overhead / Estimated direct labor hours
Predetermined overhead rate after automation= $35,000 / 8000
Predetermined overhead rate after automation=$4.4per hour
Overhead allocated to product X after automation = 4000*$4.4
Overhead allocated to product X after automation = $17,600
Overhead allocated to product Y after automation = 6000*$4.4
Overhead allocated to product Y after automation= $26,400
Therefore Assuming Bates uses direct labor hours as a companywide allocation base before and after the automation, the amount of overhead cost allocated to:Product Y would be $6,600 prior to automation and $26,400 after automation
what do you mean by high and middle level profession.
medium level profession can be defined as some one who has moved past entry level but isn't nearing the end . whereas high level profession means a person has moved past entry level and also has reached the end
Shrimpers in South Louisiana have accused China of selling shrimp in the United States at a lower price than U.S. suppliers. The goal of the Chinese, they argue, is to drive down the price of U.S. shrimp. The U.S. shrimpers are accusing the Chinese of Group of answer choices establishing an embargo. trade protectionism. applying import quotas. dumping. outsourcing.
Answer:
Dumping
Explanation:
Dumping is a term in economics that is used in describing a situation whereby a particular firm or country exports specific commodities to a particular foreign country at a price unit that is lower compared to the price unit that such commodity is being sold in that foreign country.
Hence, considering the situation described in the question above, the correct answer to the question is that the U.S. shrimpers are accusing the Chinese of DUMPING
Select the correct answer.
Angela meets with a new couple to determine their needs for a new home and how large a home they can afford
Answer:
c is the answer to the question
Explanation:
If my answer is incorrect, pls correct me!
If you like my answer and explanation, mark me as brainliest!
how do human traffickers violate the roghts of migrants?
Answer:
Human trafficking is a crime against the person because of the violation of the victim's rights of movement through coercion and because of their commercial exploitation. ... Trafficked people are held against their will through acts of coercion, and forced to work for or provide services to the trafficker or others.Explanation:
Jase Manufacturing Co.'s static budget at 7,900 units of production includes $39,500 for direct labor and $2,370 for electric power. Total fixed costs are $40,100. At 10,000 units of production, a flexible budget would show a.variable costs of $53,000 and $40,100 of fixed costs b.variable costs of $53,000 and $50,759 of fixed costs c.variable costs of $41,870 and $40,100 d.variable and fixed costs totaling $81,970
Answer:
Variable costs of $53,000 and $40,100 of fixed costs
Explanation:
Given:
Production unit = 7,900
Direct labour = $39,500
Electric power = $2,370
Total fixed cost = $40,100
Find:
Variable cost and fixed cost at 10,000 units
Computation:
Particular Amount
Direct labour cost[39,500][10,000/7,900] $50,000
Electric power [2,370][10,000/7,900] $3,000
Variable cost $53,000
Total fixed cost $40,100
Total cost $93,100
Which of the following reflects Revenue after Deductions?
Answer:
Net income reflects the total residual income that remains after accounting for all cash flows, both positive and negative. In other words, from revenue, which is called the top-line number, all income, expenses, and costs are deducted to arrive at net income
NET INCOME
Explanation:
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possible reasons for the poor performance of the monopolies
Answer:
Supply can be restricted to keep prices high. This leads to underprovision, or scarcity. Thus, according to general equilibrium economics, a monopoly can cause deadweight loss, or a lack of equilibrium between supply and demand.
Explanation:
Consider that you are a salesperson for the Carpenters Motors - Range Rover dealership. A young, newly married couple enters the lot. Provide detailed explanations about the personal selling process, using this couple as your target. Consider various scenarios you may face in each of the steps.
Answer:
1.Prospecting as well as qualification: After greeting walk-in customers, the salesperson must make them feel at ease by providing a comfortable location to sit and talk, as well as a drink of tea and juice, according on the period . The pair is simply in need of a vehicle, but they are undecided on which vehicle to purchase.
2.Preparation: I understand everything there is to know regarding my products, as well as the competing goods in the category, which I carry in my selling kit. Basic information such as engine size, mileage, guarantee, technological specifications, finance alternatives, servicing terms, and comfort data are tabulated and maintained in my sales kit for quick reference.
3. Approach: I use a step-by-step approach with them. During the initial conversation, I gathered that the necessity was for a high-end automobile, and that financing was not a problem or worry for them. They're seeking for a vehicle that'll keep them safe and pleasant
explain the reasons why socio economic issues pose challenges to businesses
Answer:
Some of the factors and their connection to businesses: Interest Rates. Interest rates are everywhere, and are imposed by many different people. ... Genetics.
Caleb's income is generated by a base salary per month and a commission on sales. His income from the last 4 months is recorded in this table. Which statement is true based on the table of Caleb's income?
A. Caleb's base salary is $2,000 and he earns 2.6% interest on the sales he makes.
B. Caleb's base salary is $1,000 and he earns 4.4% interest on the sales he makes.
C. Caleb's base salary is $1,260 and he earns 0.6% interest on the sales he makes.
D. Caleb's base salary is $2,200 and he earns 6% interest on the sales he makes.
Answer:
D. Caleb's base salary is $2,200 and he earns 6% interest on the sales he makes.
Explanation:
Caleb earns an interest of 6% on the sales he makes. Caleb has base salary of $2,200 on which he earns interest. He pays taxes and the residual income is invested in various projects.
You are given the following information concerning Around Town Tours:Debt: 7,500, 6.8 percent coupon bonds outstanding, with 11 years to maturity and a quoted price of 97.9. These bonds pay interest semiannually.Common stock: 284,000 shares of common stock selling for $68 per share. The stock has a beta of 1.04 and will pay a dividend of $2.62 next year. The dividend is expected to grow by 2.5 percent per year indefinitely.Preferred stock: 9,000 shares of $8 preferred stock selling at $88 per share.Market: 14.6 percent expected return, 4.1 percent risk-free rate Company: 34 percent tax rate.Calculate the WACC for this firm.
Answer:
9.0%
Explanation:
Calculation to determine the WACC for this firm
First step
Common stock=284,000 × $68
Common stock= $19,312,000
Second step is to calculate the Preferred stock
Preferred stock=9,000 × $88
Preferred stock= $792,000
Debt= 7,500 × .979 × $1,000
Debt = $7,342,500
Value = $19,312,000 + 792,000 + $7,342,500
Value= $27,446,500
Second step
RE = .041 + 1.04(.146-.041)
RE= .1502
RE = ($2.62 /$68) + .025
RE= .0635
Average RE = (.1502+ .0635)/2
Average RE = .1069
RP = $8/$88
RP = .0909
Fourth step
$979 = [(.068 × $1,000) / 2] × ({1- 1 / [1 + (r/ 2)]22} / (r / 2)) + $1,000 / [1 + (r / 2)]22
r = 7.08 %
Now let calculate the WACC
WACC = ($19,312,000/$27,446,500)(.1069) + ($792,000/$27,446,500)(.0909) + ($7,342,500/$27,446,500)(.0708)(1 -.34)
WACC= .090*100
WACC=9.0 %
Therefore the WACC for this firm is 9.0%
Advances in technology has increased the number of people needed to
A. Develop computer software
B. Teach children in schools
C. Work on assembly lines
D. Serve in the military
Answer:
A. develop computer software
Use "auto.Dta". The study claims that average price of foreign cars is more than average price of domestic cars. Check validity of this claim by using dataset. Explain and mention all steps that are necessary for decision.
Answer:
Yes.
Explanation:
Yes, the claim of statement ''The study claims that average price of foreign cars is more than average price of domestic cars.'' is correct because the cars which is imported from foreign countries have high duty on them. This duty tax on these cars make them very expensive while on the other hand, the domestic cars have no duty on it so they are lower in price as compared to foreign cars.
During its first year of operations, the McCormick Company incurred the following manufacturing costs: Direct materials, $5 per unit, Direct labor, $3 per unit, Variable overhead, $4 per unit, and Fixed overhead, $290,000. The company produced 29,000 units, and sold 19,500 units, leaving 9,500 units in inventory at year-end. Income calculated under variable costing is determined to be $365,000. How much income is reported under absorption costing
Answer:
$460,000
Explanation:
The computation of the income reported under absorption costing is shown below:
Fixed overhead under absorption costing is
= ($290,000 ÷ 29000 units)
= $10 per unit
Units in ending Inventory is
= 29,000 units - 19,500 units
= 9,500 units
Now the cost of ending units is
= 9,500 units × $10 per unit
= $95,000
And, finally Income under absorption costing
= Income under variable costing + ending inventory
= $365,000 + $95,000
= $460,000
Which of the factors of industrialization does Baines cite in the reading? Check all that apply water power to run machines rivers for transportation of goods a growing population to work in factories natural resources for production natural resources for production wealthy people to invest in manufacturing
Answer: • Water power to run machines
• rivers for transportation of goods
• natural resources for production
Explanation:
Industrialization is when am economy moves from the agricultural sector to the industrial sector.
The factors of industrialization does Baines cite in the reading include:
• Water power to run machines
• rivers for transportation of goods
• natural resources for production
The factors affecting industrialization are water power to run machines, rivers for transportation of goods, and natural resources for production.
The industrialization process promotes the expansion of industries, businesses, and corporations in the economy. Here, water energies are utilized by industries for facilitating production activities, operating machinery, and cleaning purposes.
Similarly, rivers are also a major transportation mode for the transition of goods and raw materials that gives a boost to the production facilities of the business.
Finally, natural resources are the basis for raw materials for the industries depending on which further production processes are performed.
Learn more about industrialization here:
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If having a warranty on a car is important, a person should buy a car that is
.
Answer: New
Explanation:
Warranty could d defined as a post-sales service issued to product under certain conditions. The conditions of repair or maintenance varies alongside different product. Warranty's are only given to new products and they last for just a certain period of time, mostly a year or two, which after the said period when the equipment has an issues the owner would pay to get them fixed irrespective of the problem. Warranty's on cars are very important, and this should be everyone's urge to get new product based on the service offered within the companies specification.
The company paid dividends of $80,000 and issued a long-term note payable for $95,000 in exchange for equipment during the year. The company also purchased treasury stock that had a cost of $15,000. The financing section of the statement of cash flows will report net cash inflows of a. $291.000. b. $481,000 c. $305.000 d. $371.000
Answer:
a. $291.000
Explanation:
Calculation to determine what The financing section of the statement of cash flows will report as net cash inflows
Common stock $386,000
Less Dividends ($80,000)
Less Purchased treasury stock ($15,000)
Net cash inflows $291.000
($386,000-$80,000-$15,000)
Therefore The financing section of the statement of cash flows will report net cash inflows of $291,000
Advertisers in our economy target society's _____ to make people believe they can't live without a product.
PLEASE I NEED THE ANSWER- You buy a patty for $200 and pay 16% in tax (G.C.T). How much is money was paid to the cashier?
Answer:
168
Explanation:
because the the 16% or 32 $u paied was gor the government
What economic event began in 2007?
the Great Recession
O the Reconstruction
the Progressive Era
the Great Depression
Answer:
The Great Recession
Explanation:
The Great Recession began in December 2007 and ended in June 2009, which makes it the longest recession since World War II. Beyond its duration, the Great Recession was notably severe in several respects. Real gross domestic product (GDP) fell 4.3 percent from its peak in 2007Q4 to its trough in 2009Q2, the largest decline in the postwar era (based on data as of October 2013). The unemployment rate, which was 5 percent in December 2007, rose to 9.5 percent in June 2009, and peaked at 10 percent in October 2009. (Robert Rich, federalreservehistory.org)