The amount the company should pay to record the equipment is $20,100.
What does the word Shipping Cost mean?Shipping expenses are the direct costs involved in delivering a product from a shelf in your store or warehouse to a customer's door. The following are only a few examples of costs: Prices for the box, wrapping, tape, and sticker the cost of paying someone to choose, pack, and ship a package Dimensional weight, sometimes known as DIM weight, is a pricing mechanism used by all major carriers to estimate freight prices. When determining the dimensional weight to estimate shipping costs, the size of a package is taken into account. The three modes of transportation—land, air, and sea—all make substantial contributions to our economy. Each provides benefits that the other mode of transportation does not.
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If a 20% increase results in a price of $6.36, what was the price before?
Answer:
$5.09 cents
Explanation:
Given the following question:
20% of 6.36
In order to find the answer, we will calculate using the formula for percentages then subtract that answer from the initial amount to have our answer.
\(\frac{p\times n}{100}\)
\(\frac{20\times6.36}{100}=20\times6.36=127.2\div100=1.272\)
\(=1.272\)
Round:
\(1.272\)
\(2 < 5\)
\(1.27\)
Now subtract:
\(6.36-1.27=5.09\)
\(=5.09\)
After a 20% decrease the price is now "$5.09 cents." Which means this was the price before the 20% increase.
Hope this helps.
Suppose Marco says, "I don't think I can reach the goals you've set for me." Mike and Bob shoul One way they could do this would be by: Increasing Marco's pay Telling Marco that the other personal trainers have similar goals Sending Marco to an appropriate seminar Reassuring Marco that he'll get a bonus if he meets his goals
If Marco has expressed doubts about being able to meet the goals set for him, Mike and Bob could address this in several ways. One option could be to provide
additional training or resources to help Marco develop the skills and knowledge necessary to achieve the goals. This could include sending him to a relevant seminar or workshop or providing him with additional guidance or support.
Another approach could be to offer incentives or rewards for meeting the goals. For example, they could reassure Marco that he will receive a bonus or other form of recognition if he is able to achieve the targets set for him. This could help to motivate Marco and give him a sense of purpose and direction.
Increasing Marco's pay might also be an option, but it is important to ensure that the goals set are realistic and achievable before considering this option. Additionally, simply telling Marco that other personal trainers have similar goals may not be sufficient to address his concerns, as he may still feel overwhelmed or uncertain about his ability to meet the targets.
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Select the correct answer.
What type of curve results from plotting the market price of a commodity and the quantity required by consumers?
O A downward-sloping curve
O B. upward-sloping curve
OC. supply curve
OD
self-intersecting curve
Answer:
The answer is A
Explanation:
The downward sloping curve is a graphical representation depicting the relationship between a commodity's different price levels and quantities which consumers are willing to buy.
Unexpected events that drive economic cycles and fluctuations are called economic:________
Unexpected events that drive economic cycles and fluctuations are called economic shocks.
Shocks are frequently unpredictable and usually occur as a result of events that are thought to be outside the scope of normal economic transactions. Economic shocks have widespread and long-lasting effects on the economy and are thought to be the root cause of recessions and economic cycles, according to real business cycle theory (RBC).
The term refers to unexpected events that drive economic cycles and fluctuations. Shocks. Economic theories are based on the assumption that economic fluctuations are caused by: the labor force. Economic fluctuations have diminished in frequency and severity in the United States and many other countries over the past 25 years, a phenomenon called the "Great Moderation".
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david is buying a new car for $21,349.00. he plans to make a down payment of $3,000.00. if he's to make monthly payments of $352 for the next five years, what apr has he paid? a. 59% b. .05% c. 5% d. 5.9%/home.aspx?conversationid
David is buying a new car on loan payments, he has paid 5.9% APR.
What do you mean by loan payments?Monthly installments known as loan payments are used to pay back a vehicle loan to the lender.
How do payments work on a car?When you obtain a car loan from a bank, you get your money all at once and pay it back gradually (plus interest). Your monthly payment is determined by how much you borrow, how long it will take to pay it back, and your interest rate.
Paying off a debt early can save you money since you will pay less interest, which is the most obvious advantage. Keep in mind that this only functions if you pay a plain interest rate and not one that has been precalculated.
If the interest rate on your savings is lower than the after-tax cost of borrowing, paying cash for your car can be your best alternative. However, keep in mind that while removing a car payment frees up your monthly budget, it's possible that you did so at the expense of your emergency reserves.
Typically, the first installment is due 30 days after you agree to the terms of the auto loan. The payment date can frequently be changed, though, to fit your schedule. If you don't mind paying a little bit more interest on the loan, you might pay, for instance, 45 days after the loan.
Present value of loan PV =21,349-3000 = 18,349
The monthly payment M = 352
Total number of periods=n=12*5=60
Let the APR be 'i'.
Now, the formula to find the monthly payment is given by ;-
⇒
⇒ - 0.2639204545r = 0
Using calculator, we get
r=0.568 ≈ 0.59
In percent, r= 5.9%
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suppose the price elasticity of demand is relatively elastic, and the price elasticity of supply is relatively inelastic in a specific market. if an excise tax is imposed on this good, who will bear the greater burden of the tax?
If an excise tax is imposed on goods when price elasticity of demand is relatively elastic and the the price elasticity of supply is relatively inelastic in a specific market, The producers will bear the greater burden.
In the scenario specified in the question, price elasticity of demand is relatively elastic and the price elasticity of supply is relatively inelastic. This means that the consumers are relatively more price sensitive compared to the suppliers in the market. Hence, consumers will be more reactive to any change in price of the good than the sellers in the market. if an excise tax is imposed especially on the consumers, the effect will be more on the producers because supply is inelastic and consumers can determine demand due to its elasticity.
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It's essential to know how to check your account balance in order to manage
your money. Which of the following is not an effective way of checking your
balance?
O Check your account online.
O Call the financial institution directly. .
O
Download the financial institution app.
O Contact the FDIC/NCUA.
Answer:contact the FDIC/NCUA
Explanation:The FDIC/NCUA would not be able to provide any account information. FDIC is Federal Deposit Insurance Corporation and it’s an independent agency. NCUA is National Credit Union Administration is also a independent agency. FDIC are for banks and NCUA is for credit unions. They both regulate and insure deposits.
Answer: Contact FDIC/NCUA
Explanation: Everfi quiz
When there are many people seeking the same job, this is known as a _____ of workers.
PLS DONT GUSSSS!!!!!!!!!
consumer
demand
projection
surplus
Answer:
surplus
Explanation: A surplus is a group of people searching for the same job.
Answer:
surplus
Explanation:
mo will receive a perpetuity of $15,000 per year forever, while curly will receive the same annual payment for the next 30 years. if the interest rate is 5.9 percent, how much more are mo's payments worth?
If the interest rate is 5.9 percent, Mo's payments are worth $43,562.72 more than Curly's payments.
To determine how much more Mo's payments are worth compared to Curly's, we need to calculate the present value of both of their payments and find the difference.
1. Calculate the present value of Mo's perpetuity:
Mo will receive a perpetuity of $15,000 per year forever. To calculate the present value of a perpetuity, we can use the formula:
Present Value of Perpetuity = (Annual Payment) / (Interest Rate)
PV_Mo = $15,000 / 0.059
PV_Mo = $254,237.29
2. Calculate the present value of Curly's payments:
Curly will receive the same annual payment of $15,000 for the next 30 years. To calculate the present value of an annuity, we can use the formula:
Present Value of Annuity = (Annual Payment) * (1 - (1 + Interest Rate)^(-n)) / (Interest Rate)
PV_Curly = $15,000 * (1 - (1 + 0.059)^(-30)) / 0.059
PV_Curly = $15,000 * (1 - 0.16986) / 0.059
PV_Curly = $15,000 * (0.83014) / 0.059
PV_Curly = $210,674.57
3. Find the difference between Mo's and Curly's present values:
Difference = PV_Mo - PV_Curly
Difference = $254,237.29 - $210,674.57
Difference = $43,562.72
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A canoe club sponsor has taken canoeing groups through a particularly rough section of whitewater on a mountain river. Past trips and experience of the sponsor lead her to believe that 49% of the canoeists who attempt to paddle their way through this section will overturn. At the present time, there are 7 canoes approaching this treacherous section. Assume that the sponsor's estimate of the probability of a canoe overturning in this section of water is accurate.
Complete the probability distribution of the number of canoes that will capsize.
x p(x)
0 1 2 3 4 5
The probability distribution of the number of canoes that will capsize in the rough section of whitewater is as follows:
x. p(x)
0. 0.077
1. 0.218
2. 0.311
3. 0.247
4. 0.115
5. 0.031
What is the probability distribution of canoe capsizes in the rough section?The probability distribution represents the likelihood of different outcomes occurring. In this case, the sponsor estimates that 49% of canoeists will overturn in the rough section of whitewater. Since there are 7 canoes approaching this section, we can calculate the probability of each possible number of capsizes using the binomial distribution.
To determine the probability of no capsizes (x = 0), we use the formula:
\(p(x) = (nCx) * (p^x) * ((1-p)\^\ (n-x))\)
Plugging in the values, we get,
\(p(0) = (7C0) * (0.49\^\ 0) * ((1-0.49)\^\ (7-0)) = 0.077\)
Similarly, we calculate the probabilities for x = 1, 2, 3, 4, and 5 using the same formula. For example,
\(p(1) = (7C1) * (0.49\^\ 1) * ((1-0.49)\^\ (7-1)) = 0.218\)
The probabilities gradually increase until reaching a peak at x = 2 (p = 0.311), indicating that there is a higher chance of two canoes capsizing compared to any other number. After that, the probabilities start to decrease, reflecting a lower likelihood of more capsizes.
Overall, this probability distribution provides valuable insights into the potential outcomes of the canoeing trip through the rough section of whitewater. It allows us to estimate the probabilities associated with different numbers of capsizes and helps in understanding the risks involved.
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Assume that the required reserve ratio is 10 percent. If the central bank wants to increase the money supply by $20 billion, what is the specific open-market operation (type and minimum value) that the central bank needs to conduct?
Answer:
The central bank needs to conduct an open-market purchase of government securities worth at least $2 billion to increase the money supply by $20 billion, assuming a required reserve ratio of 10 percent.
Explanation:
To increase the money supply by $20 billion, the central bank needs to conduct an open-market purchase of government securities.
The minimum value of the open-market purchase can be calculated using the money multiplier formula:
Money multiplier = 1 / Required reserve ratio
Money multiplier = 1 / 0.1 = 10
The money multiplier tells us the total amount of money that can be created for each dollar of reserves held by banks.
To increase the money supply by $20 billion, the central bank needs to increase reserves by:
Reserve increase = Desired increase in money supply / Money multiplier
Reserve increase = $20 billion / 10 = $2 billion
Therefore, the central bank needs to conduct an open-market purchase of government securities worth at least $2 billion to increase the money supply by $20 billion, assuming a required reserve ratio of 10 percent.
What is the opportunity cost?
Answer:
the loss of other alternatives when one alternative is chosen.
Explanation:
HELPPPP!!!! WILLL GIVE BRAINLEST!!!
It allows you to rent a car while yours is being repaired. a. auto replacement c. personal damage liability b. comprehensive physical damage d. rental reimbursement
Answer:
I'm pretty sure the answer is d
Explanation:
Alternatively, you may pay out-of-pocket for your rental then seek reimbursement from the other insurance company once it completes its investigation.
Answer:
D
Explanation:
A prospective buyer made an offer to purchase a property. The owner responded with a counteroffer. While the buyer was reviewing the counteroffer, the owner received a better offer. The owner can accept the second offer if
1. it satisfies or exceeds all terms included in the counteroffer.
2. the owner withdraws the counteroffer before it is accepted.
3. the owner gives the first buyer notice that another offer was received and an opportunity to revise the bid.
4. the first buyer is informed, in writing, of the owner's intent to accept another offer.
Answer:
2, the owner withdraws the counteroffer before it is accepted.
Explanation:
When an offer is met with a counteroffer, until the counteroffer is accepted, there is always still the chance to withdraw the counteroffer. This usually happens when there is a new development as regards the offer.
From the above question, it can be seen that the owner of the property responded with a counteroffer to the buyer's offer. Now, while the counter offer is being considered by the buyer, the owner gets a better offer and as such needs to withdraw the counteroffer given to the buyer.
Since there hasn't been any positive response to signify interest or agreement to the counteroffer, the counteroffer can still be withdrawn by the buyer as there is no contract yet.
In the event that, the buyer accepts the counteroffer of the owner, the new offer will have to be forgone as there is an agreement already.
Cheers.
Outline three reasons for retrenchments at SAPO
The three reasons for retrenchment at SAPO are: Decline in Mail Volume, Financial Difficulties and Technological Advancements
What are the three reasons for retrenchment at SAPO?SAPO, which stands for South African Post Office, is a state-owned postal services company in South Africa that has faced several challenges in recent years. Here are three possible reasons for retrenchment at SAPO:
Decline in Mail Volume: One of the primary reasons for retrenchment at SAPO is the decline in mail volume, which has been caused by the increasing use of digital communication. As a result, the company's revenue has been decreasing, and it has had to reduce its workforce to cut costs.
Financial Difficulties: SAPO has been experiencing financial difficulties for several years, which have been exacerbated by mismanagement and corruption allegations. The company has had to rely on government bailouts to stay afloat, and retrenchment have been one of the measures used to reduce costs and improve the company's financial sustainability.
Technological Advancements: Another reason for retrenchment at SAPO is the adoption of new technologies, which have made some of the company's traditional services redundant.
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Post the following November transactions to T-accounts for Accounts Payable, Inventory, and Cash, indicating the ending balance. Assume no beginning balances in Accounts Payable and Inventory, and a beginning Cash balance of $36,000. A. Purchased merchandise inventory on account, $16,900. B. Paid vendors for part of inventory purchased earlier in month, $11,100. C. Purchased merchandise inventory for cash, $10,400.
Answer and Explanation:
The preparation of the T-accounts are as follows:
For Account payable
Cash $11,100 Inventory $16,900
Balance $5,800
Total $16,900 Total $16,900
For Inventory
Account payable $16,900
Cash $10,400 Balance $27,300
Total $27,300 Total $27,300
For cash
Opening balance $36,000 Account payable $11,100
Inventory $10,400
Balance $14,500
Total $36,000 Total $36,000
When amazon says, "we want to be earth’s most customer-centric company," it is stating its code of ethics. True or false?.
Answer:
Explanation:
If you research what it means when a company uses their code of ethnics, it means basically their statement of truth, technically an oath. Basically the answer is False. Hope this helps!
Supper Company Ltd., reported the following stockholders’ equity on its balance sheet at June 30,
2012:
Supper Company Ltd.
Stockholders’ Equity
June 30,2012
Paid-in Capital
Preferred stock, 10%,? par, 650,000 shares authorized, 280,000 shares issued $ 1,400,000
Common stock, par value $? per share, 5,000,000 shares authorized,
1,000,000 shares issued and outstanding
2,000,000
Paid-in capital in excess of par—common 6,000,000
Total paid-in capital 9,400,000
Retained earnings 12,300,000
Total Stockholders’ equity $21,700,000
Requirements:
1. What is the par value per share of Supper’s preferred stock? (Show Workings)
2. What is the par value per share of Supper’s common stock? (Show Workings)
3. What is the selling per share for the $6,000,000 reported as paid-in capital in excess of par –
common? (Show Workings)
4. Prepare two (2) summary journal entries to record issuance of all the Supper Company Ltd stock for
cash. Explanations are not required.
Answer:
1. Par Value of Preferred stock;
= Preferred stock value / Shares issued
= 1,400,000/280,000
= $5
2. Par Value of Common Stock
= Common stock value / Shares issued
= 2,000,002/1,000,000
= $2
3. Selling price per share including Paid-In Cap
Paid-in cap is the price of a share that exceeds its par value. Selling price therefore is;
= (Par Value + Paid In cap)/ Number of shares
= (2,000,000 + 6,000,000) / 1,000,000
= $8 per share
4.
DR Cash $1,400,000
CR Preferred Stock $1,400,000
DR Cash $8,000,000
CR Common Stock $2,000,000
Paid-In Capital in excess of par - Common Stock $6,000,000
ECONOMICS CHAPTER 2 SECTION 3
explain the relationship between the terms in each of these pairs
A. Private property rights and market
B. laissez-faire and capitalism
C. Specialization and profit
D. Factor market and product market
ECONOMICS CHAPTER 2 SECTION 3
Private property rights and market is in which people buy and sell resources or goods and services.
Private property rights are the rights of individuals and groups to own property and the market is any place or situation in which people buy and sell resources and goods and services.
Laissez-faire and capitalism-The relation-ship between laissez-faire and capitalism is laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention.
Specialization and profit- The relation-ship between specialization and profit is the companies specialize in making one product or one component of a product, if this product will make at large scale, companies reduces it's cost to earn profit.
Factor market and product market- The relation-ship between Factor market and product market is the factor market is running by the demand of product market. The product market is sold their goods and services with the demand of factor market to production these goods and services.
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Find a news headline that refers to the business cycle. What phase of the business cycle does your headline reference? Explain.
Answer:
The business cycle typically consists of four phases:
Expansion: This phase is characterized by increasing economic activity, rising GDP, low unemployment rates, high consumer confidence, and increased business investments.
Peak: The peak represents the highest point of economic expansion before the cycle starts to slow down.
Recession: This phase marks a slowdown in economic activity. It is characterized by declining GDP, rising unemployment, reduced consumer spending, and decreased business investments.
Trough: The trough represents the lowest point of the business cycle. It is the phase where the economy reaches its bottom before starting to recover.
an example of positive economics is a forecast, or what can be described as a(n):
An example of positive economics is a forecast, which can be described as a prediction of future.
Positive economics is an approach to economics that focuses on objective, empirical analysis of economic phenomena. It seeks to describe and explain economic behavior and the workings of economic systems as they actually are, rather than how they ought to be.
Positive economics is based on data, facts, and observable trends, rather than value judgments or normative considerations.
For instance, an economist might use past economic data to forecast future trends in the stock market or to predict future levels of inflation. These forecasts are based on observed patterns and relationships, and seek to provide an objective and accurate assessment of what is likely to happen in the future.
Positive economics is used by governments, businesses, and individuals to make informed decisions about the economy. By relying on empirical data and objective analysis, positive economics helps to provide a clearer understanding of economic trends and can help to inform policy decisions and business strategies.
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When an economy produces more smartphones and fewer cars, it is answering the?
When an economy produces more smartphones and fewer cars, it is answering the 'what' question.
What is an economy?
A complex system of linked trading, consumption, and production activities make up an economy, and it ultimately decides how resources are distributed among all the players. The requirements of persons who live and work inside the economy are met by the creation, consumption, and distribution of products and services. A country, a region, a single industry, or even a family may be represented by an economy. Every economy is different. Each is shaped by the resources, laws, cultures, histories, and geographies that are unique to it. Each change as a result of the individuals' decisions and behaviours. These choices are decided using a combination of collective or hierarchical decision-making and market transactions.
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What is the name of the tab that becomes available after you add and select an image in your PowerPoint presentation?
Home
Insert
Picture
View
Answer: Picture tab
Explanation:
When you insert a picture, PowerPoint for the web places the picture on your slide and puts a Picture tab on the ribbon. With the picture selected, click the Picture tab.
how are limit orders and market orders different?
Limit orders and market orders are different types of orders that can be placed when buying or selling securities, such as stocks, on a stock exchange. Limit orders allow an investor to specify a specific price at which they want to buy or sell a security, while market orders are filled at the best available price at the time the order is placed.
A limit order is an order to buy or sell a security at a specific price or better. For example, if an investor wants to buy a stock at $50 per share, they would place a limit order to buy the stock at $50 or less. If the stock is trading at $48, the limit order would be executed and the investor would pay $48 per share. However, if the stock is trading at $52, the limit order would not be executed.
A market order, on the other hand, is an order to buy or sell a security at the best available price at the time the order is placed. Market orders are executed immediately and are filled at the current market price. For example, if an investor wants to buy a stock and the current market price is $48, a market order to buy the stock would be filled at that price.
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a manager who hires all applicants who have graduated from a certain college because a particularly good employee came from that same college is an example of
a manager who hires all applicants who have graduated from a certain college because a particularly good employee came from that same college is an example of internal recruitment.
What is internal recruitment?Internal hiring is when an organization attempts to fill positions with current employees and source talent from other teams, departments, and positions within the company. This process, also called, allows teams to proactively fill their skill gaps.Internal recruitment is the process of filling vacancies within a company from the existing workforce. This is different from external recruitment where companies try to fill vacancies from outside.when the HR team fills the gap in the organization through the recommendation of existing employees it is called internal recruitment.when a manager who hires all applicants who have graduated from a certain college because a particularly good employee came from that same college is an example of internal recruitment. The advantages of internal recruitment are as follows:1. Economical
2. time-saving
3. shorter span
4. increases employee engagement
5. inflexibility
6. limits on the number of applicants
7. less hectic
8. unburden
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pa 13. lo 6.5grainger company produces only one product and sells that product for $100 per unit. cost information for the product is: direct material $15 per unit direct labor $25 per unit variable overhead $5 per unit fixed overhead $34,000 selling expenses are $4 per unit and are all variable. administrative expenses of $20,000 are all fixed. grainger produced 5,000 units; sold 4,000; and had no beginning inventory. compute net income under absorption costing variable costing reconcile the difference between the income under absorption and variable costing.
The net income in the
absorption costing = $156,800The variable costing = $15000Reconciliation = $156800How to solve for the net income under the absorption costingWe have 4000 * 100 = 400000
direct materials = 15 x 4000 = 60000
direct labor = 25 x 4000 = 100000
Variable overhead = 5 x 4000 = 20000
fixed overhead = 34,000/5000*4000 = 27,200
Gross profit = 400000 - 60000 - 100000 - 20000 - 27200
= 192800
The selling expense = $4*4000 = 16,000
The administrative expenses = 20,000
net income = 192800 - 16000 - 20000 = 156,800
The absorption costing is $156,800
2. How to solve for the net income under the Variable costingSale = 4000 x 100 = 400000
variable cost = 15 + 25 + 5 + 4 * 4000 = 49 * 4000 = 196000
fixed cost = 34,000+20,000 = 54,000
The net income = 400000 - 196000 - 54000 = 150,000
Hence the net income under absorption is $156,800
The net income under variable costing is $150,000
3. Reconciliation
= 150000 + (34000 / 5000 * 1000)
= 150000 + 6800
= $156800
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When a licensed salesperson is soliciting for potential borrowers or investors, what must be included in the advertisement?
When a licensed salesperson is soliciting for potential borrowers or investors, the 8-digit number of the employing broker must be included.
What's the position of a investors?
An investor puts capital to apply for long-term gain, while a dealer seeks to generate quick-term profits with the aid of shopping for and promoting securities over and over once more. Investors commonly generate returns by deploying capital as both fairness or debt investments.
What do investors get in go back?
Angel investors usually need from 20 to 25 percentage return on the cash they spend money on your enterprise. Task capitalists may additionally take even greater; if the product continues to be in improvement, for example, an investor may additionally need 40 percent of the commercial enterprise to compensate for the high danger it's far taking.
What are rich investors called?
Angel investors are also known as informal investors, angel funders, non-public buyers, seed investors or enterprise angels. These are people, normally prosperous, who inject capital for startups in trade for ownership fairness or convertible debt.
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Would pebbles at the beach make a good form of money explain why or why not.
Answer: there are some pebbles but some can be really rare find out why.
Explanation: They are pretty tiny, in order that they may be accustomed obtain most things. they're going to not rot or otherwise disappear. the matter is that pebbles square measure approach too common to use for cash. If anyone will blast off to a beach or different such place and acquire tons of a substance, it's not terribly helpful as cash.
Elizabeth's minimum monthly payment on her credit card is the higher of 2.5%
or $12. If her balance at the end of the month is $5800, what is the minimum
amount Elizabeth must pay to keep her account in good standing?
O A. $25
O B. $12
OC. $45
O D. $580
Answer:
$145
Explanation:
Minimum monthly payment at the rate of 2.5%
= 2.5/100 × $5,800
=$145
Between $12 & $145,
$145 is higher hence will be the minimum amount Elizabeth must pay to keep her account in good standing.
how did the enclosure movement contribute to the industrial revolution?
The enclosure movement contributed to the Industrial Revolution by creating a little more efficient use of land and resources. The enclosure movement was the process of consolidating the land ownership by landowners and then fencing it off.
This allowed for better crop rotation and helped increase soil productivity. This increased the agricultural production, allowing for greater food supplies and more resources for industry. It also allowed for the development of more specialized work that will provide the labor force for the Industrial Revolution. This in turn made land more valuable and allowed more investment in industry and technology, leading to further industrialization.
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