August 31: Debit: Accounts Receivable (10,000); Credit: Notes Receivable (10,000). September 30 (end of quarter): Debit: Interest Revenue (30 x 10,000 x 6%) (180); Credit: Interest Receivable (180). December 31: Debit: Notes Receivable (10,000); Credit: Cash (10,000)
Explanation:The interest calculation for September 30 is based on the outstanding balance of the note for the month (10,000) multiplied by the annual interest rate (6%) divided by 12 months and multiplied by the number of days in the month (30). The interest revenue is recognized at the end of the quarter.
A journal entry is what?In order to document business transactions in accounting records of the company, a journal entry is employed. A journal entry is usually made in general ledger, but it can also be made in subsidiary ledger and subsequently rolled forward into general ledger after being summarized.
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salary expense totals $45,000 per year. dazzling dogs pays its groomers $10 per dog groomed. elegant dogs lures 2,000 customers from dazzling dogs by lowering its grooming price to $25. dazzling dogs maintains its $35 price. which of the following is true?
Salary expense totals $45,000 per year. dazzling dogs pays its groomers $10 per dog groomed will be " Dazzling Dogs' profits will decrease by more than Elegant Dogs' profits will increase.
The correct answer will be option (b).
A salary would be a type of periodic payment made by an employer to an employee, as specified inside of an employment contract. It stands in contrast to piece wages, which pay each job, hour, and perhaps other unit separately instead of on a regular basis.
The decrease in salary expense will be $20,000, since the groomers would have been paid
$10 for 2,000 dog grooms (totaling $20,000).
Thus, Dazzling Dogs' total salary expense will be
$45,000 - $20,000 = $25,000 per year.
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The question is incomplete, the complete question is:
"Elegant Dogs and Dazzling Dogs are competing canine grooming salons. Each company currently serves 4,500 customers per year. Both companies charge $35 to groom a dog. Elegant Dogs pays its dog groomers fixed salaries. Salary expense totals $45,000 per year. Dazzling Dogs pays its groomers $10 per dog groomed. Elegant Dogs lures 2,000 customers from Dazzling Dogs by lowering its grooming price to $25. Dazzling Dogs maintains its $35 price. Which of the following is true?
a)Profits at both companies will decrease.
b)Dazzling Dogs' profits will decrease by more than Elegant Dogs' profits will increase.
c)Dazzling Dogs will suffer a net loss.
d)Elegant Dogs' profits will increase by more than Dazzling Dogs' profits will decrease."
Conflict and conflict resolutions happens often in the workplace.
Mary Parker Follett shared with us the point of integrative
conflict resolution where both parties indicate their preference(s)
and then work together to find a solution for both. The
alternative is to dominate the other party
Please find and share an article (copy and paste Web URL into
your discussion) that outlines an example of integrative conflict
resolution where both parties indicated their preferences and
worked towards a resolution together. You must cite the
- textbook and utilize exhibit 2.6 in our textbook to support your
discussion post.
Also, please outline your feedback from the article i.e. why you
selected the article and how it resonated with you.
Your initial discussion post must be 150 words in length.
I found an article titled "Integrative Conflict Resolution: A Case Study" by Robert I. Field, which provides an in-depth example of how integrative conflict resolution was used to resolve a dispute between a healthcare provider and an insurance company. The article details the specific steps taken by both parties to understand each other's perspectives and preferences, and how they worked together to find a mutually beneficial solution.
I selected this article because it provides a clear and practical example of how integrative conflict resolution can be applied in a real-world setting. The case study format allows the reader to understand the specific challenges that were faced by the healthcare provider and the insurance company, and how they were able to overcome them through collaboration.
The article resonated with me because it illustrates the importance of active listening and mutual understanding in conflict resolution. It emphasizes the need for both parties to clearly express their preferences and concerns, and to work towards a solution that addresses the needs of both. The article also highlights the benefits of integrative conflict resolution, such as increased satisfaction, improved relationships, and greater long-term stability.
Overall, the article is a valuable resource for anyone interested in learning about integrative conflict resolution, and serves as an excellent example of how this approach can be used to resolve disputes in the workplace. It teaches the importance of understanding and actively listening to the other party's concerns and preferences, and how to collaborate effectively to find a solution that addresses everyone's needs.
Question 1 out of 10
Which exterior feature is specific to bronco Heritage and Heritage Limited?
Mud/Ruts and rock crawling are two additional modes that are included in the Heritage Limited. In addition, it has exclusive leather upholstery inside and all-terrain tires measuring 29 inches.
White 17-inch wheels and a contrast white roof are two distinctive exterior styling touches.
Are the interiors of Heritage and Heritage Limited distinctive?The Heritage Limited model has 29-inch all-terrain tires and the metallic "Bronco" on the fenders. Leather seats, Oxford White-painted door components, and the emblem on the center console make up the interior. The Big Bend trim is also used to construct this one.
What distinguishes Bronco?The fact that the new Bronco is a one-of-a-kind vehicle is one reason why it is so popular. The Bronco offers a manual transmission as an option in an age when manual transmissions are being phased out. The off-road roots of the Bronco are also not forgotten. Any trim level can include the Sasquatch package, which focuses on off-roading.
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what is the definition of risk
risk- risk is the probability of risk which a company or a person feels when he do certain task for it's benefit. it is said that "higher the risk higher will be the benefit".
for example if you invest in something then you will get more profit if you invest more but along with it you have higher risk that you may also loose the money.
Kinds of plan after 5 year career development plan
A five-year plan is an outline of professional and/or personal goals you want to reach within the next five years. It usually includes broad goals relating to career, relationships, health, and finances that are broken down into action items and milestones.
How would you define a career?A career is when you continue doing the same kind of work. One job or several jobs might make up a career. You could work for a single business or several. Sometimes a "career path" is used to describe a career. Education, training, and professional experience all go into a career.
What does a life career entail?A person's progression through a particular occupation or a group of occupations is referred to as their career. On the other hand, a career is more than just a job, a line of work, or your occupation. It also involves how far you've come in life, as well as how you've developed professionally and personally.
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one way to improve productivity is by , which gives employees the range of skills they need to perform different tasks.
One way to improve productivity is by "Cross-training" , which gives employees the range of skills they need to perform different tasks.
The Cross-training is the skills or training which teaches in the job that how to perform the role in order to become the good employee and performed the role as a professional.
The time management is the skill which comes in the soft skill category. Time management is the management of priority tasks according to the requirement time to complete them.
This skills help the employee to improve the productivity. To improve productivity is by time management, which gives employees the range of skills they need to perform different tasks.
The question is incomplete, the complete question is here:
One way to improve productivity is by , which gives employees the range of skills they need to perform different tasks.
a. Innovation.
b. Cross-training.
c. Management.
d. Creativity.
The correct option is B.
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The primary reason for creating a schedule of accounts receivable is
A. to be certain the accounts in the accounts receivable ledger
match the total in the general ledger
B. to show all of the customers with open accounts over the course
of the previous year
C. to make sure that customers are invoiced the correct amount for
each purchase
D. to estimate the amount of uncollectable accounts shown in the
ledger at a given time
Answer: To be certain the accounts in the accounts receivable ledger match the total in the general ledger
Explanation:
Answer: A. to be certain the accounts in the accounts receivable ledger
match the total in the general ledger
Explanation: The primary reason for creating a schedule of accounts receivable is to reconcile the accounts receivable ledger with the general ledger, ensuring accuracy, and integrity in the financial records of the company.
Accounts Receivable Ledger: The accounts receivable ledger keeps track of all the individual customer accounts and the amounts they owe. This ledger is usually maintained separately from the general ledger, which contains all the financial transactions of the company.
General Ledger: The general ledger provides a summary of all the financial transactions of the company, including accounts receivable.
Matching the totals: By creating a schedule of accounts receivable, you can compare the total amount of accounts receivable in the accounts receivable ledger with the total amount of accounts receivable in the general ledger. This ensures that both ledgers reflect the same amount and helps identify any discrepancies or errors.
Identifying errors: If the totals don't match, it could indicate errors in recording transactions, such as missing or duplicate entries. By identifying and correcting these errors, you can maintain accurate financial records and ensure the integrity of your accounts receivable information.
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Which report indicates when QuickBooks Online users signed in and out?
Dashboard
Client overview
Audit log
Business snapshot
Audit trail
QuickBooks Online (QBO) still have the Audit Log feature where you can view user's activity as well as their logged in and logged out time.
What does it mean to be under audit?A tax audit by the IRS verifies that you are properly reporting income and expenses and that you are abiding by the law. In other words, the IRS is simply verifying your figures to ensure that there are no inconsistencies in your return. Also conducting audits on occasion are state tax officials.
What is the goal of conducting audits?An audit's objective is to convey a conclusion regarding whether or not the financial statements are fairly presented in accordance with suitable accounting rules.
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A form of advertising that uses rational arguments to communicate why consumers need a specific product by highlighting the benefits associated with the use of that product
Benefits are significant because they respond to your client's inquiry, "Why should I care about what you have?" Instead of just listing what you have to offer, explain to your customer how your good or service will improve their life in a meaningful way.
What is the importance of knowing the product details before you purchase it?The most crucial sales tool is product knowledge. It is challenging to persuade a customer that a particular product will meet their needs by outlining its benefits or drawbacks. This includes having knowledge of the statistics, advantages, and rivals.
You want your goods or services to have characteristics that clients consider to be worthwhile advantages. You'll boost your sales and profits by emphasizing benefits in your marketing and sales efforts. Remember that customers purchase goods and services in order to satisfy a need or solve a problem.
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On a balance sheet, is (are) reported with fixed assets. Multiple Choice a. intangible assets b. accounts payable c. preferred stock d. inventory e. accounts receivable
On a balance sheet, the reported with fixed assets that is the intangible assets. The correct option is A.
The intangible assets are the assets which is defined as the assets that has no physical form. The intangible assets are the long term assets which has accrues the value in the long period of time or year over year.
The fixed assets are those assets that has to be purchased for the long term use and these assets are rarely converted into the cash for example land, building and any other physical form equipment.
In the balance sheet, the sheet which consist of the assets, liabilities and any other form of account or financial statement record like in the business of the capital, balance of income and expenditure.
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What is the link between managing ineffective performers and organizational productivity?
Ineffective performance is defined as an employee's inability to meet a specified level of performance and is usually ascribed to the working environment. The capacity of an organization to fulfill its goals while avoiding costs is referred to as organizational productivity.
What effect does organization have on productivity?According to studies, competent management may considerably enhance production, market value, and growth, as well as the capacity to resist bad events such as a recession.
Ineffective personnel have a significant negative impact on organizational productivity. To increase the performance of such personnel, certain managerial steps must be taken.
Managers should closely monitor, engage, encourage, and guide ineffective employees. Bosses should design motivational strategies and identify the root reason of an employee's incapacity to succeed. Employees are affected by a variety of circumstances, including coworkers, the environment, family disruptions, and salaries.
As a result, supervisors must recognize the issue and properly aid the employee. Criticism from superiors causes work-related stress, which leads to ineffectiveness; thus, empathic managers may resolve these differences and strengthen the working relationship.
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a contribution approach income statement . multiple select question. separates costs into their fixed and variable components can assist with management decision making is prepared primarily for external reporting purposes reports both gross margin and net income
An income statement prepared using a contribution approach separates costs into their fixed and variable components, which can assist with management decision making.
This type of income statement is prepared primarily for external reporting purposes and reports both the gross margin and the net income.
One of a company's financial accounts, an income statement or profit and loss account, lists the company's revenues and costs for a specific time period.
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which of the following messages would be the most appropriate to send via instant message to a colleague?
"The team meeting has been confirmed for 9 a.m. this Friday." messages would be the most appropriate to send via instant message to a colleague
Instant messaging is a type of online communication that enables real-time text transfer across a computer network or the Internet (IM). A message is frequently conveyed between two or more parties when each user submits text and causes a transmission to the recipient(s), who are all connected to the same network. Immediate messaging, as opposed to email, enables real-time communication; hence, the name "instant." Most modern instant messaging applications (sometimes referred to as "social messengers," "messaging apps," or "chatting apps") use push technology and come equipped with extras like emojis (or graphical smily ), file sharing, bots, over IP , or video share capabilities.
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As the price of a good rises
As the price of a good rises, the quantity demanded of the good falls, and as the price of a good falls, the quantity demanded of the good rises, ceteris paribus: Law of Demand.
What is law of demand?Law of demand is a demand principle that states that the higher the price the lower the demand and the lower the price the higher the demand.
Demand can be defined as the amount of goods and services that a consumer is willing and ready to buy at a particular period of time.
Both price and demand work hand in hand which implies that when the price of goods are high consumer demand for that goods will be low and the when the price is low consumer demand will be high.
Therefore we can conclude that increase in price of goods tend to lead to decrease in demand for that goods.
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The complete question is:
As the price of a good rises, the quantity demanded of the good falls, and as the price of a good falls, the quantity demanded of the good rises, ceteris paribus is referred to as:
Which product is generally LEAST influenced by geographics?
OA
OB. scuba gear
OC. video games
OD.winter coats
snow chains
An instance of geographic segmentation is an ice cream business enterprise segmenting a us of a by how warm special areas are and focused on these precise areas that are freshest and therefore greater probable to purchase ice cream.
What are geographical products?In this chapter, the time period “product geography” is used as a concept to refer to such a system of locations joined by using the commonality of an association to a specific product or category.
Demographic, psychographic, geographic, and behavioral are the four pillars of market segmentation, however think about the use of these four more types to enhance your advertising efforts.
A advertising approach created by using dividing the target market into segments on the basis of factors such as economics, meals habits, apparel habits, languages, traditions and many different features is known as geographic segmentation.
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https://brainly.com/question/12790602#SPJ1FILL IN THE BLANK fill in the blank question. carol co. prepares a statement of cash flows starting with net income and then adjusting for items that do not affect cash. carol co. is using the_______ method of reporting the statement of cash flows.
The method is indirect method.
Carol co. prepares a statement of cash flows starting with net income and then adjusting for items that do not affect cash. carol co. is using indirect method of reporting the statement of cash flows.
The cash flow statement is a type of financial statement used in financial accounting that shows how changes in income and balance sheet accounts effect cash and cash equivalents. It also provides a breakdown of operating, financing, and investing activities.
Direct or indirect procedures might be used to report a cash flow statement.
The indirect approach can be thought of as a way that presents the cash flow statement via strategizing.
Cash flow from operational operations is determined by net income, net loss, and any subsequent additions to, or reductions of, the amount for non-cash revenue and expense components.
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Carol Company creates a cash flow statement by beginning with net income and then correcting for non-monetary items. Carol Company reports the statement of cash flows in an indirect method of reporting the statement of cash flows.
A cash flow is defined as a physical or virtual movement of money. It is in its narrowest definition a payment, particularly from one central bank account to another; the word 'cash flow' is most commonly used to indicate.
The amount of money a firm earns through continuing, regular business operations such as manufacturing and selling things or providing a service to clients is referred to as cash flow from operational activities (CFO).
Cash waft refers back to the internet stability of coins stepping into and out of a commercial enterprise at a selected factor in time. coins are constantly moving into and out of an enterprise. as an instance, when a retailer purchases stock, cash flows out of the commercial enterprise toward its suppliers.
The purpose of a cash glide declaration is to offer an in-depth photo of what occurred to a business's cash all through a targeted period, known as the accounting duration. It demonstrates an enterprise's capacity to function within the short and long time, based on how lots of cash is flowing into and out of the commercial enterprise.
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Which of the following market structures would you expect to yield the greatest product variety? A. Monopoly B. Monopolistic competition C. Bertrand oligopoly D. Perfect competition
You could anticipate that markets with monopolistic competition would produce the widest range of products.
Monopolistic competition: what is it?Monopolistic competition occurs when numerous companies offer comparable but subpar alternatives to each other's goods or services.
The barriers to entry are low in monopolistic competitive industries, and decisions made by one firm do not immediately affect those of its competitors. Competitor companies differentiate themselves from one another through their pricing and marketing strategies.
Between a monopoly and perfect competition, monopolistic competition exists, combines aspects of both, and comprises businesses with comparable but distinct product offerings.
In monopolistic competition, numerous businesses can enter the market and fight with one another for market share. This prevents one company from controlling the entire industry. Companies don't have to think about how their choices will affect rivals, allowing them to operate without worrying about intensifying rivalry.
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How is technology used in improving the casting products?
3D printing, laser welding, and magnetic pour aids increase cast product mechanical, chemical, and dimensional qualities. This produces stronger, more lasting castings for a multitude of sectors.
What is Technology?Generally, Technology is used in various ways to improve casting products. Some examples include:
Computer-aided design (CAD) and computer-aided manufacturing (CAM) software are used to design and create digital models of casting products, which can then be used to guide the manufacturing process.
3D printing technology can be used to create prototypes of casting products, allowing for rapid iteration and testing.
Simulation software can be used to predict and analyze the performance of casting products, allowing for optimization and improvement.
Advanced imaging techniques can be used to inspect and analyze casting products, detect defects and ensure quality.
Robotics and automation can be used to improve efficiency and consistency in the casting process, as well as reduce the number of human errors.
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What is the underlying problem in this case from Edward Lampert’s perspective?
The underlying problem in this case from Edward Lampert’s perspective In this case, as suggested by Edward Lampert, the biggest concern was the decline in advertisement and usage and the increase in e-commerce. Rivals could not take note of the secret concern.
What is an advertisement?Advertising, sometimes referred to as an advert or ad, is typically seen as a form of public discourse that supports a good, service, organization, or event. Some others consider the concept to be far broader than that, including any sort of sponsored advertisement intended to inform or influence
Edward Lampert's perspective underlying problem, The decline in advertisement and the usage of the increase in e-commerce. Reveals a note of the secret concern.
Therefore, The case from Edward Lampert's perspective. The decline in advertisement and usage in e-commerce is there.
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Each exhibit requires the following units of land (20 acres included in total). Choose from the following and fill in the grid provided.
Elephants - 3 acres
Lions - 1 acre
Polar bears -1 7 acres
Tigers - 1 acre
Giraffes - 2 acre
Ostriches - ½ acre
Zebras - 1 acre
Llamas - 1 acre
Kangaroos - ½ acre
Petting Z00 - ½ acre
Gift shop - 44 acre
Jaguar - ½ acre
Insect exhibit - ¼ acre
Howler monkeys - ½ acre
Grizzly bears - 1 ½ acres
Reptile house - 1 acre
Orangutans - 1 acre
Hippos - 7 acre
Playground - ¼ acre
Gorillas - 2 acres
White rhinos = 1 acre
Lake with waterfowl and flamingos - 3 acres
Picnic area - 1 acre
Wolves - 2 acres
Restaurant- ½ acre
Climbing wall - ½ acre
The amount of acres needed by only one of the species is listed underneath each animal. For instance, two hectares of land are needed for one lion.
What makes an ostrich weak?However, the bird has one flaw that can overwhelm all of its advantages. It believes that if you can't see it, you can't see it, either. The ostrich responds to instructors at an emu farm as if they were carnivores when they approach the bird. It attempts to flee, but it can't because it is confined.
Do ostriches possess intelligence?Although they lack intelligence, they have the biggest eye of any bird and can see up to 2.2 miles away (3.5 km). The best meat you can consume is ostrich meat, which is red meat like beef.
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In general, command and mixed economies failed to deliver the kind of sustained economic performance that was achieved by countries adopting _________-based systems.
Market-based systems is the correct answer. In general, command and mixed economies failed to deliver the kind of sustained economic performance that was achieved by countries adopting Market based systems.
Market-based systems are systems in which prices are determined by the forces of supply and demand, rather than by government regulations or subsidies.
They provide incentives for production and investment, and create an efficient allocation of resources. This helps to create economic growth and development. Additionally, market-based systems allow for competition, which leads to better quality, lower prices, and greater innovation. This helps to drive economic growth, as well as increased living standards, as more people are able to access goods and services at a lower cost.
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Mini Problem 2 Wayne and Wanda are filing MFJ with a 4-year-old dependent child. Wayne worked full time and earned $25,000. Wanda became a full-time student for the fall term (Aug thru Dec) and they have no other income. Their principal place of abode was in the U.S. for the entire tax year. Their federal taxable income was $2,300 and their federal tax liability before any credits is $231. While Wanda was a student, they paid $3,000 for childcare. What is the amount of line 10 from their Form 2441?
$3000 is the amount on line 6 of Form 2441.
$3000 is the maximum covered child support that can be claimed.
What is sentence of amount?
She spent an incredible amount of time planning her garden. New laws limit the amount candidates can spend. We have a wealth of resources available. = there are a lot of resources available
What are balance and amount?
An account balance is amount of money in financial account, such as a bank account, at a particular point in time. B. Have a savings or checking account. The account balance is the net amount after taking into account all debits and credits.
What is used of amount?
Use amount is the purchase price of all mortgages previously purchased by the buyer at the time of the decision but not yet repurchased by the seller or not purchased by the take-out investor at the time of the decision means the sum of the arithmetic mean of .
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An investor sells 150 shares of Amazon (AMZN) stock at $35.00 and pays a $7 commission period what is the total amount of money received by the investor? Hint: The answer isn’t $5257.
a. $5243
b. $5250
c. $5520
Please answer it correctly.
tyler is a team member in corporate finance at a digital-content production company. he is required to forecast the free cash flows that the company will be able to generate in the next three years. tyler takes into account only the following equation in his calculation:
Tyler is a team member in corporate finance at a digital-content production company are the no, he's the calculation is not an appropriate estimate of the FCF.
What is finance?The term finance refers to borrowing money to go through tough times, saving money, and investing money. Finance is the provision of funds for credit against anything. Finance are they mostly used the businesses. Types of finance are personal, public, and business finance is the three different categories.
According to the case was if there are no calculation was the based on no calculation is not an appropriate estimate of the FCF. There was the calculation fails to include both the working capital and capital expenditures are the company's finance.
As a result, the team member in corporate finance was not to the necessary of the appropriate estimate of the FCF.
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Below is a 6 × 8 array containing the ages of moviegoers. Treat this as a population. 32 34 33 12 57 13 58 16 23 23 62 65 35 15 17 20 14 11 51 33 31 13 11 58 23 10 63 34 12 15 62 13 40 11 18 62 64 30 42 20 21 56 11 51 38 49 15 21 (a) What was the proportion of all 48 moviegoers who were under age 30? (Round your answer to 2 decimal places.)
The proportion of moviegoers under age 30 is 23/48 or approximately 0.48.
How to calculate the ratio?Ratio in Mathematics simply demonstrates how many times one number can be able to fit into another number. It should be noted that ratios contrast two numbers by dividing them. In this case, A/B will be the formula if one is comparing one variable (A) to another variable (B)
To find the proportion of moviegoers under age 30, we need to count the number of moviegoers who are under age 30 and divide that by the total number of moviegoers (48).
Out of the 48 moviegoers, there are 23 moviegoers who are under age 30. Therefore, the proportion of moviegoers under age 30 is:.
= 23/48
= 0.48.
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Which would be least likely to cause the production possibilities curve to shift to the right?
a. An increase in the labor force
b. Improved methods of production
c. An increase in the education and training of the labor force
d. A decrease in unemployment
The correct option is A. Just because unemployment has fallen, new and/or better resources have not been added to the economy.
The required details for Resources in given paragraph
Resources refer to all materials available in our environment that are technologically available, economically feasible, and culturally sustainable and help us to satisfy our needs and desires. Resources can be broadly classified according to their availability, broken down into renewable and non-renewable resources. They can also be classified as current and potential according to their degree of development and exploitation, as biotic and abiotic according to their origin, and as ubiquitous and localized according to their distribution. The article will become a resource over time and as technology advances. The benefits of using resources can include increasing wealth, keeping the system functioning properly, or improving well-being. From a human perspective, a natural resource is anything that is extracted from the environment to meet human needs and desires.
The resource concept was developed in in many recognized fields of work in economics, biology, and ecology. , for example information technology, management and human resources - related to the concepts of competition, sustainability, protection and management.
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What does the government call goods and services provided to economically challenged individuals for free or greatly reduced prices?
O nonprofit
O welfare
Oregulation
Oin-kind benefits
Comparing the benefits and costs of engaging in an activity.
Comparing the benefits and costs of engaging in an activity involves Rational decision-making.
What is the importance of cost-benefit analysis?An individual or organization can use cost-benefit analysis to analyze a choice or proposed project without prejudice. As such, it provides an unbiased and evidence-based assessment of your alternatives, which may assist your company in becoming more data-driven and rational.
Comparing the costs and advantages of that incremental adjustment is part of rational decision-making. The marginal costs are the additional expenses of engaging in a certain activity. The marginal benefits are the additional rewards of participating in that activity.
Therefore, it can be concluded that comparing the advantages and disadvantages of participating in an activity necessitates rational decision-making.
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2what makes person different
People differ from one other in a variety of ways depending on their personality traits, preferences, and life experiences. Finding out about other people's uniqueness and picking up on new viewpoints and civilizations is what makes life interesting.
What are some examples of personality traits?The defining characteristics of people's ideas, feelings, and behaviors are reflected in their personality traits. A person who scores highly on a certain personality trait, such as Extraversion, is likely to be sociable in a variety of contexts and throughout the course of time. Personality traits imply consistency and stability. For instance, we might use adjectives like responsible, imaginative, emotive, or extroverted to describe someone. Today, we consider these descriptors to be illustrations of personality qualities.
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Access the March 23, 2017, filing of the 10-K report of Home Depot for the year ended January 29, 2017, from SEC.gov (ticker: HD). Refer to Home Depot's balance sheet, including its note 4 (on debt).
1. Identify Home Depot's long-term liabilities and the amounts for those liabilities from Home Depot's balance sheet at January 29, 2017.
2. Review Home Depot's note 4. The note reports that as of January 29, 2017, it had $2.947 billion of "5.875% Senior Notes; due December 16, 2036; interest payable semiannually on June 16 and December 16." These notes have a face value of $3.0 billion and were originally issued at $2.958 billion.
a. Why would Home Depot issue $3.0 billion of its notes for only $2.958 billion?
b. How much cash interest must Home Depot pay each June 16 and December 16 on these notes?
Because interest notes of comparable notes with comparable risk and must have a higher interest rate than 5.875%, Home Depot issued $3 billion of its notes for just $2,958 billion.
The required details for interest rate in given paragraph
The interest rate is the amount of interest payable over a period of time in relation to the amount borrowed, deposited or borrowed (referred to as principal). The total interest on the amount borrowed or borrowed depends on the principal amount, the interest rate, how often it is lent, deposited or borrowed. The effective total interest rate is the interest rate over a period of one year. Other interest rates apply for other periods, e.g. a month or a day, but are usually annual.
The interest rate has been called the "preference indicator" for a dollar of current [income] instead of a dollar of future income.” The borrower wants or needs money ASAP and is willing to pay a fee – the interest rate – for the privilege.
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