1) Consider the graph below. Assume that the price of Good 1 has DECREASED. Find the total, substitution and income effects for the consumption of Good 1. Be sure to show the substitution budget line.

Answers

Answer 1

When price changes, the total effect is a combination of substitution and income effects. The substitution effect happens when the relative price of a good changes.

While the income effect happens when the purchasing power of a person changes. Here, we will assume that the price of Good 1 has decreased.

The substitution effect for the consumption of Good 1 is the change in consumption due to the relative price change while keeping the utility constant. A decrease in the price of Good 1 will make it more attractive than Good 2. The relative price of Good 1 falls from P1 to P1'. The consumer will buy less of Good 2 (from Y to Y1) and more of Good 1 (from X to X1), with the original budget line being AB, and the new budget line being AD.

Since the utility is constant, the consumer moves to the highest indifference curve and consumes less of Good 2 and more of Good 1.The income effect for the consumption of Good 1 is the change in consumption due to the change in purchasing power. Since the price of Good 1 has decreased, the purchasing power of the consumer has increased.

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Related Questions

personal finance question,, think its a or b??? i second guess myself alot lol

personal finance question,, think its a or b??? i second guess myself alot lol

Answers

Answer:   C

Explanation:

Answer:

It is either B or C. But, C is most reasonable.

In your job application, you must sound professional so they actually think about hiring you, or by sounding professional, it gives you a higher chance of getting the job.Why I think it's B is because it's quite helpful having a paper and online copy. But it's not essential. Having either or is enough.

I hope this helped at all.

how many tines in earth does the sun intersect equartor​

Answers

Answer:

два

Explanation:

Trade that is within a country or between countries is based on the principle of:.

Answers

Trade that is within a country or between countries is based on the principle of comparative advantage.

The theory of comparative advantage was first introduced by economist David Ricardo in the early 19th century. According to the theory, even if one country is more efficient than another in producing all goods, both countries can still benefit from trade by focusing on producing and exporting goods in which they have a comparative advantage and importing goods in which they have a higher opportunity cost.

Comparative advantage is defined as the capacity of a country to produce a particular good or service at a lower opportunity cost than another country. This implies that the country has an edge in producing a good or service, which it can exchange with another country for goods or services that the other country has an edge in producing.

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2. Describe four sources of conflicts in an organisation

Answers

Answer: Four sources of conflicts in an organization can include: Interpersonal conflicts, Structural conflicts, Task-related conflicts and Values and cultural conflicts.

Explanation: Interpersonal conflicts: These conflicts arise from differences in personalities, communication styles, or conflicting goals among individuals within the organization. Disagreements, misunderstandings, or clashes of egos can lead to interpersonal conflicts that impact teamwork, productivity, and morale.

Structural conflicts: Structural conflicts arise from organizational structures, policies, or procedures that create conflicting interests or goals among different departments or individuals. For example, conflicts can arise between sales and production teams due to competing priorities or resource allocation issues.

Task-related conflicts: Task-related conflicts occur when there are differing opinions, approaches, or expectations regarding work tasks, responsibilities, or project objectives. These conflicts can arise from differences in expertise, work methods, or conflicting ideas on how tasks should be completed.

Values and cultural conflicts: Values and cultural conflicts stem from differences in personal values, beliefs, or cultural backgrounds among individuals within the organization. These conflicts may involve clashes of ethics, norms, or differing perspectives on important organizational values, leading to disagreements and tensions.

It's important for organizations to proactively manage and address conflicts by promoting effective communication, fostering a culture of respect and collaboration, providing conflict resolution mechanisms, and encouraging open dialogue to prevent conflicts from escalating and negatively impacting the overall functioning of the organization.

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Which grand strategy is more likely to support long-term deployments of american troops overseas?
a. isolationism
b. offshore balancing
c. selective engagement

Answers

Grand strategy is more likely to support long-term deployments of American troops overseas selective engagement, Therefore, the correct option is C

What is Grand Strategy?
Grand strategy, also known as high strategy, is a state's plan on how to employ resources to further and realise national interests. The choice of the principal versus secondary theatres of war, the allocation of resources among the various services, the broad sorts of armaments manufacturing to prioritise, and which international alliances best serve national interests are examples of grand strategy issues. Grand strategy, which has a great deal in common with foreign policy, is largely concerned with how a policy will affect the military. Grand strategy is often directed by the political elite of a nation with advice from the highest ranking military personnel. The creation of a country's grand plan may take several years or even several generations. While the idea that only big powers can have grand plans predominates the grand strategy literature, some academics contend that medium powers and even small states can have grand strategies.

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coffee to
growing more
16)
16]
2 TGH are a public limited company which makes sports shoes (trainers). It makes
a variety of designs for the mass market. The mass market is for young people
who want fashionable sports shoes as well as those who play sport. The Directors
segment of customers who have a medical problem with their feet and need
recently decided to target a niche market which is for a particular market
b) Identify two examples of the different markets for TGH products.
c) Identify and explain two reasons why TGH sell to a niche market.
d) Identify and explain two advantages to TGH of segmenting the market
e) Do you think the Directors of TGH were right to target a niche market
or should they have stayed with just a mass market? Justify your answer.
specially designed shoes,
a) What is meant by a 'niche market'?
for sports shoes.
Revision checklist
In this chapter you have learned:
the role of marketing-identifying and satisfying customer needs as well as​

Answers

Answer:

Is this reading then answering questions or....

Explanation:

I dont get the question sry but I'll try to help

Which two types of information can be found on a profit and loss statement?

Answers

The two types of information can be found on a profit and loss statement are:

C) revenuesD) Expenses

What is profit and loss statement?

A profit and loss statement, also known as an income statement, is a financial report that shows a company's revenue, expenses, and net income over a specific period of time, such as a month, quarter, or year. The purpose of the statement is to provide insight into the financial performance of the business and to assess its profitability.

The profit and loss statement typically includes  theRevenue which is the is the total amount of money earned by the business from sales or services provided during the specified period.

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check the missing options:

A) assets

B) liabilities

C) revenues

D) Expenses

The cost of campaigning requires candidates to conduct extensive
activities.
O community service
O fund-raising
O illegal
O campaigning

Answers

Answer:

fund-raising

Explanation:

Running for a political office is an expensive affair. The candidate and political party require a lot of money to run a successful campaign. To raise funds needed to conduct campaigns, political parties and candidates organize fundraising activities and events.

Community service and campaigning are good platforms to woe voters but cannot generate funds to run for a political office.

For the fed to succeed in reducing the severity of business cycles, it must act precisely when a recession or an acceleration of inflation can be seen in the economic data.
a. True
b. False

Answers

The correct answer is a. True For the fed to succeed in reducing the severity of business cycles, it must act precisely when a recession or an acceleration of inflation can be seen in the economic data.

The Fed promotes maximum employment and price stability in the economy by using its monetary policy instruments. In order to create a more stable business cycle, the Federal Reserve tries to reduce some of the economic ride's troughs. To lower interest rates, it made open market purchases. Today, the Fed utilizes its resources to regulate the money supply in order to support economic stability. The Fed boosts the money supply when the economy is in a slump to encourage growth. On the other hand, when inflation is a danger, the Fed lowers the risk by reducing the supply.

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Budgeting that involves decisions such as whether to buy or lease equipment or build a new factory is referred to as: capital budgeting. operations budgeting. facilities planning. strategic planning. Which of the following is not a benefit of budgeting? Provides assurance that accounting records are in accordance with generally accepted accounting principles Coordinates the activities of the company by integrating the plans of all departments Requires managers to plan ahead and to formalize their objectives Sets realistic standards that serve as benchmarks for evaluating performance

Answers

Budgeting that involves decisions such as whether to buy or lease equipment or build a new factory is referred to as c Capital budgeting is the process of making investment decisions in long-term assets that will yield returns over a period of time. This type of budgeting involves decisions about whether to invest in new equipment, expand facilities, or acquire other businesses.

The goal of capital budgeting is to maximize the value of the company by investing in assets that will generate the highest return. Operations budgeting, on the other hand, is focused on the day-to-day operations of the company and involves creating budgets for specific functions such as marketing, production, and sales. Facilities planning is a process of designing and organizing physical spaces to support the company's operations and strategic planning involves setting long-term goals and developing plans to achieve them.

As for the benefits of budgeting, all of the options provided are benefits except for the first one - providing assurance that accounting records are in accordance with generally accepted accounting principles. This is actually a function of accounting and auditing, not budgeting. The other benefits of budgeting include coordinating the activities of the company, requiring managers to plan ahead and formalize objectives, and setting realistic standards for evaluating performance. the term that refers to budgeting involving decisions like buying or leasing equipment, and which of the following is not a benefit of budgeting. The term for budgeting that involves decisions such as whether to buy or lease equipment or build a new factory is referred to as "capital budgeting." Regarding the benefits of budgeting, the option that is not a benefit is: "Provides assurance that accounting records are in accordance with generally accepted accounting principles." Budgeting mainly helps in planning, coordination, and setting performance standards, but it does not directly ensure accounting records' compliance with GAAP.

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Smith & Sons uses the allowance method of handling its credit losses. It estimates credit losses at two percent of credit sales, which were $1,900,000 during the year. On December 31, the Accounts Receivable balance was $300,000, and the Allowance for Doubtful Accounts had a credit balance of $21,400 before adjustment. Show how Accounts Receivable and the Allowance for Doubtful Accounts would appear in the December 31 balance sheet. (Do not use negative signs with your answers.)

Answers

Answer: See explanation

Explanation:

Firstly, we need to calculate the amount of bad debt. This will be:

= Credit sales × Bad debt expense

= $1900000 × 2%

= $38000

Also, the adjusted balance of allowance account will be the addition of the uadjusted balance of Allowance account and the bad debt expense which will be:

= $21,400 + $38000

= $59,400.00

Then, the balance sheet will be:

Accounts receivables = $300,000

Less: Allowance for Doubtful Accounts = $59,400

Net Realizable value of Accounts receivables = $240,600

When positive externalities exist, demand curves fail to reflect the willingness to pay of the people who receive the positive externality, resulting in products being

Answers

When positive externalities exist, demand curves fail to reflect the willingness to pay of the people who receive the positive externality, resulting in products being **underproduced**.

Positive externalities occur when the consumption or production of a good or service generates benefits to individuals or society beyond the immediate buyers and sellers.

These external benefits are not captured by the market and are not reflected in the demand curve, which only represents the private benefit of consumers.

Since the demand curve does not account for the positive externality, the quantity of the good or service produced and consumed in the market may be lower than the socially optimal level. This is because the market fails to account for the full value or benefit that the good or service provides to society.

To address this underproduction, government intervention or policy measures such as subsidies, grants, or regulations may be implemented to incentivize or encourage the production and consumption of goods with positive externalities. These measures aim to align the private market outcome with the socially optimal outcome, taking into account the full societal benefits of the positive externality.

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The question "What was the best idea you ever sold to a boss or coworker?" would be used in a(n)
a) employment test
b) unstructured interview
c) situational interview
d) behavioral-description interview

Answers

In a (d) behavioral-description interview, the question "What was the best idea you ever presented to a supervisor or coworker?" would almost certainly be asked.

A behavioral-description interview focuses on a candidate's prior behavior and experiences to forecast their success in the future. Candidates are frequently questioned during this sort of interview about particular instances in which they have acted in the past, such as times when they have effectively persuaded people to accept their ideas or influenced colleagues at work. To demonstrate their ability to persuade and communicate well in a professional situation, the applicant would be asked to explain a real-life instance in which they have successfully sold an idea to a supervisor or coworker. The interviewer is eager to learn more about the candidate's behavioral details, such as the context, actions taken, and outcomes achieved, to assess their skills and qualifications for the position.

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what was the main economic product of the southern colonies?

Answers

Answer:

Hope this helps........The Southern Colonies had an agricultural economy. Most colonists lived on small family farms, but some owned large plantations that produced cash crops such as tobacco and rice. Many slaves worked on plantations.

Explanation:




3 poir:ts Asystem, where a society is divided into different categories, where marriages or business partnerships do not cross such well-defined categories, is prevalent in which country? SaudiArabia

Answers

1) The system described, where a society is divided into different categories and marriages or business partnerships do not cross those categories, is prevalent in India. Hence, correct answer is option (b).

This system is commonly known as the caste system, which has historically been an integral part of Indian society. The caste system divides society into hierarchical groups or castes based on occupation, social status, and birth. Marriage and business partnerships have traditionally been limited to individuals within the same caste, with restrictions on inter-caste interactions. While efforts have been made to address and reduce the influence of the caste system in modern India, its impact is still visible in various aspects of society.

The caste system categorizes individuals into distinct groups known as castes, with each caste having its own social status, privileges, and restrictions.

At the top of the caste hierarchy are the Brahmins, who traditionally hold positions of religious authority and are considered the highest caste. Below them are the Kshatriyas (warriors and rulers), followed by the Vaishyas (merchants and farmers), and the Shudras (laborers and servants). Outside the caste system are the Dalits, formerly known as "untouchables," who have historically been considered the lowest and most marginalized group.

The caste system has had a profound influence on various aspects of Indian society. It has determined social interactions, occupations, marriage practices, and access to resources and opportunities. Caste-based discrimination and untouchability have led to social exclusion, economic disparities, and human rights abuses against Dalits.

Hence, option (b): India is correct.

2) The Power Distance cultural dimension influences leadership in cross-cultural contexts in several ways. Power Distance refers to the extent to which less powerful members of a society accept and expect power to be distributed unequally. It influences leadership in the following ways:

(a) Leadership style: In cultures with high Power Distance, there is a greater acceptance of hierarchical structures and authority. Leaders are expected to be authoritative and make decisions without much consultation or input from subordinates. In contrast, cultures with low Power Distance value participatory and egalitarian leadership styles.

(b) Decision-making process: In high Power Distance cultures, decisions are often made by those in positions of authority, and subordinates may be hesitant to challenge or question their decisions. In low Power Distance cultures, decision-making is more participatory, with subordinates encouraged to provide input and express opinions.

(c) Communication style: In high Power Distance cultures, communication tends to be more formal and hierarchical, with clear distinctions between superiors and subordinates. In low Power Distance cultures, communication is more informal and open, with a greater emphasis on equality and collaboration.

Leaders need to adapt their leadership style, decision-making processes, and communication approaches to align with the cultural expectations and values of the specific context they are operating in. By recognizing and respecting Power Distance, leaders can build trust, foster collaboration, and achieve better outcomes in diverse cultural settings.

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Describe the idea of a duty to work from the point of view of the
church?

Answers

The idea of a duty to work from the point of view of the church is based on the belief that work is a divine mandate and a moral obligation. It is believed that work is a means of glorifying God and contributing to the well-being of society.

From the church's point of view, work is not just a means of earning a living but a vocation that gives meaning and purpose to life. The church teaches that every individual has a responsibility to work and contribute to society and that idleness is a sin that goes against God's plan for humanity.

The church believes that work is a fundamental aspect of human life and that it is essential for human dignity. In this view, work is seen as a way of fulfilling one's potential, developing skills and talents, and contributing to the common good. Work is also viewed as a way of serving others and sharing in God's creative activity.

Overall, the church's idea of a duty to work emphasizes the importance of work as a means of fulfilling one's potential, serving others, and glorifying God. It is a call to take responsibility for one's own life and contribute to the well-being of society.

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Ivie Clarke has decided to launch a numbers game like Sudoku. She estimates her fixed costs to be £5,000. The variable costs are £1.20 per game. She intends to sell the games for £5.00 each. Ivie estimates she will sell 1,400 games a month. 7 (a) What is her total revenue if she sells 1,400 games? (1) (b) What are her total costs if she sells 1,400 games?(1) (c) How much profit does she make if she sells 1,400 games?(1) 8 How many games does she need to sell to cover her total costs?(1) 9 In fact the fixed costs of the business were actually £5,500. How much profit or loss would Ivie make if she sold 1,400 games. (2)​

Answers

Her total revenue if she sells the 1,400 games of the numbers game is £7,000.

What is revenue?

The average sales price is multiplied by the quantity of units sold to arrive at revenue, which represents the money generated by normal business operations. Net income must be deducted from the top line (or gross sales) figure in order to be calculated. In the salary summary, revenue and sales are synonymous. To determine how effectively a business collects unpaid debt, it is critical to review the cash flow summary. Cash accounting, in comparison, only records purchases as revenue when actual money changes hands. "Receipt" is the term used to describe money provided to a business. For receipts to show, income is not necessary. For instance, there will be a receipt but no income from a customer who pre-paid for a service or goods that were never delivered.

Ivie's total revenue if she sells the 1,400 games is:

Revenue = Price per game x Number of games sold

Revenue = £5.00 x 1,400

Revenue = £7,000

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Which of the following is NOT a "Universal Safety Principle Only perform duties that you are comfortable doing, both physically and emotionally You should diligently perform ALL tasks the client asks of you even if the task is not part of your original job description. Never continue assignments that cause you undue stress or anxiety. If you are asked to perform tasks that are outside of your job description, contact your Employment Service Representative.

Answers

The statement "You should diligently perform ALL tasks the client asks of you even if the task is not part of your original job description" is NOT a "Universal Safety Principle."

The other three statements listed are examples of "Universal Safety Principles":

Only perform duties that you are comfortable doing, both physically and emotionally.

Never continue assignments that cause you undue stress or anxiety.

If you are asked to perform tasks that are outside of your job description, contact your Employment Service Representative.

These principles prioritize the well-being and safety of the individual and emphasize the importance of setting boundaries, recognizing personal limitations, and seeking support or guidance when necessary. They promote a healthy and secure work environment.

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A company has average demand of 30 units per day. Lead time from the supplier averages seven days. Assume that the combined standard deviation of demand during lead time has been calculated and is equal to 20 units. One unit costs $10 and the inventory carrying cost is 25 percent. 1 standard deviation covers 84.13% 1.04 standard deviations covers 85% 1.28 standard deviations covers 90% 1.65 standard deviations covers 95% 1.96 standard deviations covers 97.5% 2 standard deviations covers 97.72% 2.33 standard deviations covers 99% 3 standard deviations covers 99.86% 6 standard deviations covers 99.99966% What is the reorder point for the company if it decides on a 99 percent service level?

Answers

Answer:

Re-order quantity = 256.6 or 257 units

Explanation:

We can calculate the reorder point for the company at 99% service level as follows

Solution

The Standard deviation of demand during lead time = sigma

Average daily demand = d

lead time = L

Standard deviation covered 99%  = Z

DATA

Sigma =20 units

d= 30 units per day

L= 7 days

Z= 2.3

Calculation

Reorder quantity = (d x L) + (Z x sigma)

Reorder quantity = (30x7) + (2.33 x 20)

Reorder quantity = 210 + 46.6

Reorder quantity = 256.6 or 257 units

VW's decision to commit significant financial and R&D resources to electric vehicles can best be described as ____ approach to business ethics.

Answers

VW's decision to commit significant financial and R&D resources to electric vehicles can best be described as a socially responsible approach to business ethics.

This approach emphasizes the importance of considering the impact of business decisions on society and the environment, and making choices that balance profitability with ethical considerations. By investing in electric vehicles, VW is not only responding to market demand for more sustainable transportation options, but also making a conscious effort to reduce its environmental impact and contribute to addressing the global climate change. This can be seen as responsible actions to mitigate the negative impact of its past actions, such as the Dieselgate scandal.

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Will the grading period effect what college you will go to later on?
A (True)
B (False)

Answers

Answer: A

Explanation:

Answer:

NO

Explanation:

An engineer at a manufacturing plant is investigating part failures identified during product installations at distributed sites. The engineer has narrowed it down to two (2) production lines A and B. She wants to perform a hypothesis test to determine whether the mean failure rate of product identified differs from production line A when compared to B.
if u1 = mean failure rate from production line 1 and u2 = mean failure rate from production line 2
Determine the null and alternative hypothesis for the proposed test?
1: u1 = u2 and Ha: u1 > u2
2: u1 = u2 and Ha: u1 = u2
3: u1 = u2 and Ha: u1 < u2

Answers

An engineer at a manufacturing plant is investigating part failures identified during product installations at distributed sites. The engineer has narrowed it down to two (2) production lines A and B. She wants to perform a hypothesis test to determine whether the mean failure rate of product identified differs from production line A when compared to B.

If u1 = mean failure rate from production line 1 and u2 = mean failure rate from production line 2, the null and alternative hypothesis for the proposed test are as follows:

Null hypothesis: The mean failure rate of the product identified does not differ when compared between production line A and B

u1 = u2

Alternative hypothesis: The mean failure rate of the product identified differs when compared between production line A and B.Ha: u1 ≠ u2

Note: In this case, the null hypothesis, is the mean failure rate of the product identified does not differ when compared between production line A and B. The alternative hypothesis is defined as the mean failure rate of the product identified differs when compared between production line A and B.

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What is the product 0.3 × 8.7? please help me

Answers

Answer:

2.61

Explanation:

the answer is 2.61 because if you multiply it will be 2.61

Suppose romaine lettuce is a normal good. Suppose further incomes in the economy are rising. Everything else held constant, this will cause the _____ romaine lettuce to _____.

Answers

Answer:

Demand for

Increase

Explanation:

A normal good is a good whose demand increases when income rises and whose demand falls when income falls.

So if income is rising, the demand for the lettuce should increase.

I hope my answer helps you

The balance in the supplies account before adjustment at the end of the year is $737. the proper adjusting entry if the amount of supplies on hand at the end of the year is $284 would be:______.

Answers

Supplies expense $1,286 (debit)

Supplies $1,286 (credit)

What is Supplies expense?

The cost of consumables utilised during a reporting period is referred to as supplies expense. Depending on the nature of the business, this could be one of the most significant corporate expenses.

Supplies are incidental goods that will be used in the near future. When purchasing supplies, the standard accounting procedure is to charge them to expense using the following entry. Debit.

Supplies, in general, are regarded a current asset until they are utilised. When supplies are depleted, they become an expense. If the dollar value of supplies is significant, they can be considered a current asset.

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Given the demand function D(p) = 200 – 2p2, Find the Elasticity of Demand at a price of $2 At this price, we would say the demand is: Elastic O Inelastic O Unitary Based on this, to increase revenue we should: Keep Prices Unchanged Raise Prices O Lower Prices

Answers

The elasticity of demand at a price of $2 is -1.125, and the demand is considered elastic. To increase revenue, the firm should lower prices.

The formula for the elasticity of demand is (% change in quantity demanded / % change in price) * (1 / (average price/average quantity)).

At a price of $2, the quantity demanded can be found by plugging in the price into the demand function: D(2) = 200 - 2(2)² = 192.

The percentage change in quantity demanded when the price changes from $2 to $3 is ((D(3) - D(2)) / D(2)) * 100% = ((166 - 192) / 192) * 100% = -13.54%.

The percentage change in price is ((3 - 2) / 2) * 100% = 50%.

Therefore, the elasticity of demand is (-13.54% / 50%) * (1 / (2 / 192)) = -1.125. Since the elasticity of demand is greater than 1, the demand is considered elastic, which means that a decrease in price will lead to an increase in revenue.

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5 steps in developing a research instrument

Answers

Answer:

Explanation:

Step 1 – Locating and Defining Issues or Problems. ...

Step 2 – Designing the Research Project. ...

Step 3 – Collecting Data. ...

Step 4 – Interpreting Research Data. ...

Step 5 – Report Research Findings.

Answer:Step 1: locatingOr defining issues problems problems

Step 2: designing the research project

Step 3: collecting data

Step 4: interpreting research data

Step 5: Report research findings

Explanation: it is there as soon a u look it up ! Hope that helps

When planning for inventory, a company's goal is to have?

Answers

Answer:

The primary objective of inventory planning is to satisfy the needs of company customers. Whether the customer is a direct consumer, a distributor or another department within the company, inventory management should provide the best-quality service.

After entering a transaction into the accounting equation, an increase in total assets can be accompanied by a(n) ______(increase/decrease) in total liabilities or equity.

Answers

After entering a transaction into the accounting equation, an increase in total assets can be accompanied by a(n) Increase (increase/decrease) in total liabilities or equity.

This is further explained below.

What is a transaction?

Generally, A financial transaction is an agreement or communication between a buyer and a seller to trade products, services, or assets in return for payment.

This may take the form of either spoken or written language.

Any kind of commercial transaction will always result in a shift in the respective financial situations of the parties involved, whether they be people, corporations, or both.

In the world of finance, equity refers to ownership of assets, which may or may not be accompanied by debts or other obligations.

For the purposes of accounting, equity is determined by deducting the value of the liabilities from the value of the assets.

In conclusion, An increase in total assets may be followed by a (n) rise in total liabilities or equity after putting a transaction into the accounting equation.

This may be the case depending on the direction of the transaction.

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16. I want to start my own business and had to borrow $7,000 from the bank. The bank charges a 6% interest rate on the loan. The interest will be compounded once a year. I determined it will take me 2 years to pay off the loan. What is the total amount I will have to pay back to the bank?

Answers

It is given that a loan of $7000 is borrowed from the bank with 6% of Interest Rate for 2 years.

Now, the total payback to the bank can be calculated by:

\(A=P(1+\frac{r}{n})^{nt}\)

where A = amount to be paid,

P = loan amount,

r = interest rate,

n = number of compounding periods

t = time

Putting the given values in the equation, we get

\(A=7000(1+\frac{0.06}{1})^{1*2}\)

\(A=7000(1.06)^{2}\)

\(A=7000(1.12)\)

A = $7840

Therefore, the total amount that will have to payback to the bank is $7840.

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Which of the following would NOT be considered a financial asset?F.furnitureG.owning a homeH. student loanJ. savings The first free trade union in a Communist country was ______ in Poland.A. LiberationB. SolidarityC. EqualityD. Containment Which of the following best describes the constitutional principle which allows President Lincoln to make this proclamation?Group of answer choicesThe right to life, liberty, and the pursuit of happinessThe power of Congress to declare warThe Thirteenth AmendmentHis power as the Commander-in-Chief which of these urinary hydration biomarkers provides the best index of day-to-day hydration? a) urine color B) urine concentration. C) plasma osmolality. D) plasma volume An adult feels the need to urinate when the _____________ contains 300 to 350 ml or urine. What type of job involves working at client locations and the ability to work with little direct supervision? a. field-based b. project-based c. office-based d. home-based HELPPPP PLSSS FASTTT Simplify 2.1/1.5 Invented by the Greeks, ____________ are man-headed horses known for their lust. Group of answer choices When is genetic drift a major factor in evolution? A. When there is sexual selection B. When there is low gene flow C. When there is high selective pressure D. When there is female choice Given the equivalent impedance of a circuit can be calculated by the expressionz = z1z2/z1+z2If x1 = 10 - jand Z2 = 5 - j, calculate the impedance Z in both rectangular and polar forms. TRUE OR FALSE. A U-shaped long run average cost curve implies that a firm experiences economies of scale at low levels of production and diseconomies of scale at high levels of production. An Amazon packaging plant can ship 315 packages in 7 hours. What is the constant of proportionality that relates the number of packages shipped, y, to the number of hours, x? What is an example of hyper automation? Which of the following is likely to occur because of a decrease in marginal tax rates? A. An increase in aggregate supply because of an increased incentive to work. B. A decrease in aggregate supply because people cash in their investments. C. A decrease in aggregate demand because of an increased incentive to work. D. A rightward shift in the Phillips curve You redo the primitive yo yo experiment (Figure 1), but instead of holding the free end of the string stationary, you move your hand vertically so that the tension in the string equals 2M /3. What is the vertical acceleration of the yo yo's cena of mass? Does it accelerate upward or downward? Express your answer to three significant figures and include the appropriate units. Enter positive value of the acceleration is directed upward and negative value if the acceleration is directed downward. "! A ? + 0 Units dere Value Submit Request Answer Part 6 What is the angular acceleration of the yo-yo around its axis? Express your answer in terms of Rand acceleration due to gravity g. A ROO? Submit Request Answer A bag contains 6 red apples and 6 yellow apples. A sample of 3 apples is drawn. Find the probability that the sample contains more red than yellow apples Can you please find the value of x In the 1990s, the U.S. Army used the recruiting slogan, "Be all that you can be." This catchphrase BEST reflects the _____ perspective in psychology. How many groups of Two-thirds are in Three-fifths? A fraction bar labeled 1. Under the 1 are 5 boxes labeled one-fifth. Under the 5 boxes are 3 boxes containing one-third. Under the 3 boxes are 15 boxes labeled StartFraction 1 Over 15 EndFraction. StartFraction 9 Over 15 EndFraction StartFraction 9 Over 10 EndFraction 1 and one-third 1 and StartFraction 1 over 9 EndFraction the colors of red and white vegetables are enhanced by being cooked in a(n) _____ solution