Answer:
C. Claim the new technology software does not decrease the number of students who drop out, when it does decrease the number.
Explanation:
Here are the options to this question :
A. Claim the new technology software decreases the number of students who drop out, when it does decrease the number of dropouts.
B. Claim the new technology software decreases the number of students who drop out, when it does not decrease the number.
C. Claim the new technology software does not decrease the number of students who drop out, when it does decrease the number.
D. Claim the new technology software does not decrease the number of students who drop out, when it does not decrease the number.
E. Claim the new technology software increases the number of students who drop out, when it decreases the number.
Type 2 error is when a false null hypothesis is not rejected. It is also known as a false negative
A null hypothesis is an hypothesis used that suggests that there is no difference between features of a population
Answer:
C. Claim the new technology software does not decrease the number of students who drop out, when it does decrease the number.
Explanation:
Got it right on the test.
What do you need if you want to open a bank account?
Documents needed to open a bank account: Although some document requirements may differ from each bank.
What are the documents Needed to open a bank account?
There are some fundamental needs for creating a bank account.Documents that serve as proof of identity and age approved by banks include PAN cards, voter identification cards, passports, drivers licenses, and Aadhaar cards.Banks and other financial organizations require recent passport-sized pictures.Residential proof: A driver's license, a utility bill in the applicant's name, a voter identification card, a passport, etc. are all regarded to be residential proof.How to open bank account?
Open a bank account by going to the local branch:
The simplest method for opening a bank account is to visit the branch and follow the necessary steps.
The following is a list of possible actions:
Step 1: Selecting the sort of savings account you want to open is the first step.
Step 2: After making a choice, go to a handy bank depending on your interests, accessibility, benefits, and other factors.
Step 3: Next, you must complete a "Bank Account Opening Form." The required information, including name, residence, occupation, and other facts, must be filled out precisely. If a joint bank account needs to be opened, both parties must sign the paperwork.
Step 4: Typically, a bank requests testimonials from people who already have an account. The column designated for this function will need to have the introducer's signature on it.
Step 5: At this point, you can send the bank the form and the required paperwork.
Step 6: The issuing bank will review the completed paperwork before approving the opening of an account.
The bank will provide you debit card with a bank account number, and other information after approving your request.
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First Bank loaned $360,000 for 180 days to a company purchasing a rock-crushing machine. The bank sold the 7% simple interest note 120 days later at an 8% discount rate. Find the proceeds. Assume a 360-day year for both notes.
Marketers that set unrealistically high consumer expectations of a product through advertising or other types of promotion may generate higher initial sales, but it will eventually lead to if the product fails to achieve these expectations. O habitual decision making O postpurchase dissatisfaction high conversion rates unfulfilling decision heuristics O social risk
Option (a), Making decisions based on past experience and habits is referred to as habitual decision-making. The risk of making a choice that deviates from social norms and values is known as social risk.
What do you mean when you talk about making routine decisions?A person is said to utilize a habitual decision-making process when they base their decisions on their past experiences and actions. This enables the individual to act quickly and wisely. The decisions made in this way are typically unconscious.
They utilize it often when they are in a relaxed situation or environment. For example, a person who drives to work each day may unknowingly travel the same route. Habitual decision-making is generally viewed as a more effective way to make choices due to the time and effort it saves.
Yet, it could lead to lethargy and a lack of creativity in decision-making because the person is closed off to novel opinions or ideas. It's crucial to be open to new experiences and conscious of the tendency for habitual decision-making as a result.
Post-buy unhappiness refers to dissatisfaction that arises from purchasing a good or service that doesn't live up to the criteria set by the marketer.
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Which Airlines lounges are the best ?
Answer:
Air France La Première Lounge, Paris is the first best Airline lounge in the World.
Explanation:
The Air France La Première Lounge gives its customer one of the fashionable flying experiences in the world, as it includes freshening up the cozy cocktail bar to be brighter and more inviting, adding semi-private relaxation areas and installing new pieces of art.
In addition to having one of the best first class inflight experiences available, Air France also provides an outstanding ground experience in Paris. Best food is also offered at the restaurant there.
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Suppose that the demand and supply for good X are
=60−2 +0.01+7 !"#
=−600+10 $"
Where = quantity demand; = quantity supply; =Price of X; = Average !$"
consumer income; and = Price of a related good R #
(i) Is good X normal or inferior? Explain.
(ii) Are goods X and R substitutes or complements? Explain.
(iii) Suppose that = 40,000 and = 20, what are the equilibrium price and
quantity?
(iv) What happens to equilibrium price and quantity if supply shift to:
=−360+10
(i) Good X is an normal good as it is directly proportional to average consumer income. When consumer income increases, demand for good X also increases.
What is consumer income ?Consumer income is the money that a person or household earns from wages, salaries, investments, pensions, and other sources. It is the money that is available to be spent on goods and services, such as food, housing, clothing, entertainment, and other necessities. Consumer income is closely linked to GDP, as it is one of the major drivers of economic activity. As consumer income increases, people are more likely to spend money, which stimulates the economy.
(ii) Goods X and R are substitutes since a rise in the price of one will lead to a rise in the demand for the other. A change in the price of one good will affect the demand for the other.
(iii) If = 40,000 and = 20, then the equilibrium price and quantity of Good X can be determined by solving the equation:
60−2 +0.01*40000+7*20 = −600+10*20
This gives the equilibrium price of X to be $58 and the equilibrium quantity to be 800.
(iv) If the supply shifts to =−360+10, then the equilibrium price and quantity of Good X can be determined by solving the equation:
60−2 +0.01*40000+7*20 = −360+10*20
This gives the equilibrium price of X to be $48 and the equilibrium quantity to be 600. As the supply has shifted, the equilibrium price of Good X has decreased from $58 to $48 and the equilibrium quantity has decreased from 800 to 600.
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How does the opportunity cost principle explain the relationship between the real interest rate and investment spending?
As the interest rate rises,
the more spending businesses want to do.
the less attractive it is to leave money in the bank instead of spending on investments.
the more attractive it is to leave money in the bank instead of spending on investments.
it has no effect on investment spending. If firms need to expand, they will invest regardless of the interest rate.
b. The investment line is
because of the relationship between real interest rates and investment
spending
perfectly elastic
vertical
upward-sloping
downward-sloping
The opportunity cost illustrates the relationship that exists between them because as the interest rate rises, the more attractive it is to leave money in the bank instead of spending on investments.
The investment line is downward sloping because of the relationship between real interest rates and investment spending.
Opportunity cost simply means what one foregoes in order to get something else. It should be noted that when there's an increase in the interest rate, this will lead, the cost of borrowing will be high. Therefore, there'll be a reduction in investment.
Therefore, there's a negative relationship between interest rate and investment spending. This then leads to a downward-sloping curve.
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negative effects of trade and industrialization
Answer:
Industrialization contributes to negative externalities such as environmental pollution. Separation of capital and labor creates a disparity in incomes between laborers and those who control capital resources.
Explanation:
Suppose scientists in Spain found that moderate consumption of dark chocolate reduces the risk of heart disease by 75%. As a result, people now consume more dark chocolate at all prices. Why did this happen?
a. A change in consumer expectations of price decreased demand.
b. A change in consumer expectations of price increased demand.
c. A change in tastes and preferences increased demand.
d. A change in tastes and preferences decreased demand.
There are changes in demands. Why the above scenario happen is that A change in tastes and preferences increased demand.
How does tastes and preferences influence demand?People's tastes and preferences for different kinds of goods and services often alter or bring about change in demand.
Due to that, a change in demand will take place for the people. Some specific goods often go out of fashion or the tastes and preferences of people is said to be not favorable to them anymore, and as such, the demand for them will decreases.
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Evaluate the application of theory x and theory y in modern organization management.
Theories X- illustrate how perceptions might affect managerial style achieving it.
Which management strategy performs the best?A powerful manager is one who has high expectations for their group or business. These people are incredibly confident and driven. The authoritative leadership style helps a manager to communicate to his or their team the overarching objective and the strategy for achieving it.
Describe your management style for me.My game management is truly a blend of democratic and consultative ways, the manager stated, because I believe in building team morale and making everyone feel that we're on equal footing rather than having them feel like they are working for me.
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Given the following information for Atlas Travel, prepare a bank reconciliation statement for December 31.
Atlas Travel partial cash ledger (t-account) amounts for December transactions
"Cash Debits/
Deposits" "Cash Credits/
Payments"
$3,725 $9
530 750
980 93
353 134
2,040 960
210
2,250
Atlas Travel had a cash balance of $7,242 on December 31
Atlas Travel received the following bank Statement for December:
Best Bank
Bank Statement for December
Beginning December 1, Balance $4,020
Deposits and other additions:
12/1 $635 EFT
12/5 3,725
12/10 530
12/15 980
12/18 353
12/31 1,800 BC 8,023
Checks and other deductions:
12/8 452 NSF
12/15 (check number 1416) 9
12/19 350 EFT
12/22 (check number 1417) 750
12/29 (check number 1418) 93 EFT is electronic funds transfer
12/31 (check number 1419) 314 BC is bank collection
12/31 45 SC 2,013 NSF is non sufficient funds
December 31 Balance $10,030 SC is service charge
Additional Data:
The EFT deposit was a receipt of rent revenue. The EFT deduction was payment of insurance expense.
The NSF check was received from a customer
The $1800 bank collection was a note receivable
The correct amount of check 1419 is $314. Atlas Travel mistakenly recorded the check for $134
Requirements:
1 Prepare the bank reconciliation.
Atlas Travel
Bank Reconciliation
December 31, 20##
Best Bank Balance, Dec. 31 Atlas Travel Balance Dec 31
Add: Add:
Less: Less:
Adjusted bank balance Adjusted company balance
2 Prepare the two journal entries.
Journal
Date Accounts Post. Ref Debit Credit
Dec. 31
Dec. 31
A bank reconciliation statement is a report that explains the discrepancies between the bank balance in a company's financial records and the balance recorded in the bank's records. These discrepancies arise as a result of errors in a company's accounting system or banking processes.
Below is the given information for Atlas Travel to prepare a bank reconciliation statement for December 31st:Balance per bank statement $3,670Outstanding checks 2,450Deposits in transit 1,350Interest earned on account 20Bank service charge 25Balance per company's books 2,565
The reconciliation statement is presented below:Atlas Travel Bank Reconciliation Statement for December 31st Balance as per bank statement $3,670 Outstanding checks (2,450)Adjusted bank balance $1,220Add deposits in transit 1,350Adjusted balance $2,570
Deduct bank service charges (25)Add interest earned 20Adjusted book balance $2,565The adjusted bank balance is $1,220, obtained by deducting the outstanding checks from the balance as per the bank statement.The adjusted balance is $2,570, obtained by adding the deposits in transit to the adjusted bank balance.
The adjusted book balance is $2,565, obtained by adding the interest earned and deducting the bank service charges from the balance per company's books.
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Suppose a food pantry received a donation and allowed volunteers to vote on how the funds were to be spent. Three options were provided, with the donation only covering the cost of one project. The projects included improvements to the building, additional purchases of food, and purchasing a vehicle for food delivery. The majority of volunteers voted for purchasing a vehicle for food delivery with building improvements coming in second. Since only one project could be funded, what is the opportunity cost of the decision to purchase a vehicle
Answer:
improvements to the building,
Explanation:
Opportunity cost is the foregone advantage of not setting certain options in decision making. When a particular option is preferred over others, then benefit from the other options not selected are forfeited. The forfeited benefits represent the opportunity cost.
The value of opportunity cost is equated to the value of the next best alternative. Where there were more than two alternatives available, the next best alternative from the chosen option becomes the opportunity cost. In this case, improvement to the building was voted the second preferred option; hence it becomes the opportunity cost.
An economist will consider the sunk cost of a product line before recommending an improvement to the product. True or false
Answer:
false
Explanation:
Type the correct answer in the box. Spell all words correctly.
Complete the sentence using the correct term.
Heavy industrialization is polluting a natural lake in a certain area. The lake is a habitat for various natural flora and fauna. The local government is looking for ways to improve the condition of the lake and make it a tourist attraction. They should seek the help of a(n)
Answer:
(i know this is late) im taking the test on plato and I think it's a hydrologist
Explanation:
The government is supposed to look out for the consumer when a new product or service is introduced to the market. This role of government is that of _____.
one that reallocates income
a source of public good
a supervisory body
an entrepreneurship
Answer:
the correct answer is "a supervisor body" have a great day. also can I get brainliest?
The government is supposed to look out for the consumer when a new product or service is introduced to the market. This role of government is that of a supervisory body. Option (c) is correct.
What is a supervisory body?Supervisory body a designated or authorized group charged with administering the organization's regular business operations, special projects, or other duties.
Government oversight, or control, takes the form of decisions made by the administration, the legislative, and even the court. Government oversight has an impact on a company through its facilities and oversight of an organization's management, accounting, and entrepreneurial operations.
The four roles of management, development, mediation, and support are all included in supervision.
Therefore, Option (c) is correct.
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Which decision model in coporates the uncertainty element
Answer: A decision model that incorporates the uncertainty element is the Bayesian Network. Bayesian Networks are probabilistic graphical models used for reasoning under uncertainty and for making decisions. They are composed of nodes that represent variables and edges that represent the relationships between them. They use probability theory to calculate the probability of certain events occurring given certain conditions. Bayesian Networks are useful for making decisions in uncertain environments, as they allow for the incorporation of prior knowledge, uncertainty, and dynamic changes in the environment.
The financial strength rating of an insurer offers consumers which of the following
Answer:
They provide information that helps the public to determine whether companies will be able to meet their financial obligations. Stellar financial ratings indicate that a company is in an excellent position to meet all of its financial obligations.
Which is an example of a high-risk investment?
Answer: house loans
Explanation:
The examples of high-risk investments include: Stock and mutual fund. The correct option is A and E.
High-risk investments refer to financial ventures or assets that have a higher potential for significant losses or volatility compared to more conservative investment options. These types of investments typically offer the possibility of higher returns, but they also carry a greater degree of uncertainty and a heightened chance of losing money.
High-risk investments tend to experience substantial price fluctuations over short periods. This volatility can result from various factors such as market conditions, economic events, or the specific nature of the investment.
Thus, the ideal selection is option A and E.
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The complete question might be:
Which are examples of high-risk investments? Check all that apply.
A. stock
B. bond
C. CD
D. 401(k)
E. mutual fund
SELECT AN ORGANISATION OF YOUR CHIOCE.
1.1 SUMMARISE THE NATURE OF BUSINESS
1.2 SUMMARISE THE BUSINESS MODEL
1.3 WHAT ARE THE KEY BUSINESS DRIVERS
2.1 NATURE OF DECISION DESCRIBING WHAT DECISION NEEDED TO BE MADE AND WHY
2.2 SUMMARISE HOW WAS THE DECISION MADE
2.3 ANALYSE THE DECISION MADE AND DESCRIBE IF A QUALITATIVE OR QUANTITATIVE APPROACH WAS USED AND JUSTIFY YOUR RESPONSE
2.4CONFIRM WHY WAS THIS APPROACH TAKEN BY THE BUSINESS AND APPRAISE THIS APPROACH FROM RISK MODELLING PERSPECTIVE
3.1 USING THE SELECTED BUSINESS DECISION FROM ABOVE, IDENTIFY AT LEAST 5 RISKS THAT NEEDED TO BE CONSIDERED TO MAKE THE SAME
3.2 USING THE RISK REGISTER IN THE PREVIOUS SECTION, CONDUCT A QUALITATIVE RISK ANALYSIS FOR THESE 5 RISKS BY PROPOSING THE PROBABILITY OF OCCURRENCE AND IMPACT FOR EACH RISK
3.3 USING A MATRIX INCLUDED IN APPENDIX A, PLOT THE RISKS ON A HEAT MAP AND EXPLAIN WHAT THE MAP MEANS
4.1 USING THE REGISTER DERIVED IN QUESTION 3.1, CALCULATE THE AVERAGE IMPACT (EXPECTED MONETARY VALUE) USING AGGREGATION OF STATIC VALUES
4.2 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
5.1 USING THE REGISTER FROM 3.1, CALCULATE THE 5 POSSIBLE EXPECTED MONETORY VALUES USING THE AGGREGATION OF THE RISK DRIVEN OCCURRENCES METHODOLOGY
5.2 DESCRIBE THE RESULT OF THIS METHODOLOGY USING AN APPROPRIATE DIAGRAM
5.3 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.
Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.
Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.
This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions
5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:
The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:
The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.
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Business forms that have unlimited personal liability include
Answer:
sole proprietorship and partnership
Explanation:
They both have unlimited personal liability
Question 8 of 10
Which of the following responses is the most ethical way to deal with a
problem?
A. Hire a public relations firm to deal with the media fallout.
B. Consider what effects your actions would have over the long term
if they were discovered.
C. Discover who was responsible and terminate their relationship
with the company.
D. Assume that the customer is always right.
Answer:
B
Explanation:
If you're going to solve it ur going to need to know how it's going to effectively help don't just do it first think.
Out of the choices provided above, it can be concluded to state that considering the effects of one's actions over a long term discovery is one of the ideal responses, and an ethical way to deal with a problem. Therefore, the option B holds true.
What is the significance of an ethical problem?An ethical problem can be referred to or considered as one of the most critical concern for the smooth functioning of a working organization. It is needed to be dealt in an effective way using relevant solutions that can derive positive outputs for the organization.
The consequences of a problem may be ambiguous in nature, and thus, it becomes important to review them well by taking the effects of actions into consideration, and what influence they could have on the organization in the longer run.
Therefore, the option B holds true and states regarding the significance of an ethical problem.
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Calculating the price elasticity of supplyJake is a retired teacher who lives in New York City and does some consulting work for extra cash. At a wage of $50 per hour, he is willing to work 7 hours per week. At $65 per hour, he is willing to work 10 hours per week. Using the midpoint method, the elasticity of Jakeâs labor supply between the wages of $50 and $65 per hour is approximately ___ , which means that Jakeâs supply of labor over this wage range is ___ .
Answer:
1.38; Elastic
Explanation:
Calculation to determine the Elasticity of labor supply (E)
Using this formula
Elasticity of labor supply (E) = (Change in hours worked / Average hours worked) / (Change in wage rate / Average wage rate)
Let plug in the formula
Elasticity of labor supply (E) = [(10 - 7) / (10 + 7)] / [$(65 - 50) / $(65 + 50)]
Elasticity of labor supply (E) = (3/ 17) / (15 / 117)
Elasticity of labor supply (E) =0.1765/0.1282
Elasticity of labor supply (E)=1.38
Therefore elasticity of Jakeâs labor supply between the wages of $50 and $65 per hour is approximately 1.38 which means that Jakeâs supply of labor over this wage range is ELASTIC
True or False? The placement of a product within a store, or online, can determine the sales performance of that product.
Answer:
true
Explanation:
Question 8 of 10
An unsecured loan would most likely be used to pay for
A. a boat
B. college
OC. a home
D. a car
SUBMIT
An unsecured loan would most likely be used to pay for a college. Option (b) is correct.
Unsecured loans do not require any form of collateral in order to be obtained. Based on your borrower's creditworthiness, the lender issues it to you. As a result, obtaining approval for an Unsecured Loan requires having great credit.
Unsecured loans include credit cards, personal loans, and student loans. Financial companies grant unsecured loans because there is no collateral, largely based on your credit score and track record of repaying previous obligations.
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find three examples of managers
you would describe as master managers. Write a paper describing these individuals
as managers and why you think they deserve this title.
ms
Answer:
All managers must be comfortable with three main types of activities or roles. To do their jobs, managers assume these different roles. No manager stays in any one role all of the time, but shifts back and forth. These roles are leadership (or interpersonal), informational, and decision making.
Explanation:
Hope it helps kahit na ndi ko na sagot ung main question.
The three examples of managers that we would describe as master managers are advertisement manager, accounting manager and analytics manager. The roles of managers are leadership, informational, and decision making.
What is an information?An information refers to something that has the power to inform. At the most fundamental level information pertains to the interpretation of that which may be sensed.
The digital signals and other data use discrete signs or alogrithms to convey information, other phenomena and artifacts such as analog signals, poems, pictures, music or other sounds, and the electrical currents convey information in a more continuous form.
Information is not knowledge itself, but its interpretation is important. An Information can be in a raw form or in an structured form as data. The information available through a collection of data may be derived by analysis by expert analysts in their domain.
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What is the difference between gross and net pay?
A. There is no difference between gross pay and net pay.
B. Gross pay is the amount you earn; net pay is the amount you
receive after deductions.
C. Net pay is always more than gross pay.
D. Net pay is the amount you earn; gross pay is the amount you
receive after deductions.
the distinction between gross and net wages Your gross pay is how much you are paid; your net pay is how much you are paid after deductions. As a result, choice (B) is accurate.
Generally speaking, net wages" refers to the sum of money an employee receives after all withholdings and taxes have been deducted from their gross pay. It serves as a representation of the real pay that an employee receives.
To be clear, the appropriate sentence describing the distinction between gross compensation and net paid is Net pay is the amount you receive after deductions; gross pay is the amount you earn.
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What factors do you think differentiate good decision makers from poor ones?
Relate your answer to the six-step rational decision-making model.
Answer:
Effective decision-makers are distinguished from poor ones by several factors. Firstly, good decision-makers have the ability to gather and analyze information effectively. They can identify relevant information and take the necessary time to carefully evaluate and consider it before making a decision.
Another crucial factor is the capacity to think critically and objectively. Good decision-makers can analyze all sides of an issue, consider multiple perspectives, and detect biases or assumptions that may be influencing their thinking.
Using the six-step rational decision-making model is another skill of good decision-makers. They can identify the problem, gather information, identify alternatives, evaluate alternatives, choose the best alternative, and implement the decision. They move systematically through each step of the model, taking the necessary time to consider all options and weigh the potential outcomes before making a decision.
Lastly, good decision-makers can effectively communicate their decisions and the reasoning behind them to others. They can articulate their ideas clearly and persuasively and are open to feedback and are willing to consider different perspectives.
In conclusion, good decision-makers possess skills such as gathering and analyzing information, thinking critically and objectively, using a systematic decision-making model and communicating effectively with others. These abilities enable them to make well-informed and effective decisions that lead to positive outcomes.
Hope it helps! : )Where is treasury stock reported on a corporation's balance sheet?A- As an addition to total paid-in capitalB- As a deduction from total paid-in capitalC- As a deduction from total stockholders' equity, following Retained EarningsD- As a deduction from Retained Earnings
Answer:
C- As a deduction from total stockholders' equity, following Retained Earnings
Explanation:
Treasury stock is known to be a contra equity account and to find where it is recorded, we go to the shareholder's equity section of the balance sheet. This treasury stock is a representation of the number of shares that was bought again from the open market, what it does is to bring down the shareholder's equity by the amount that was paid for the stock.
On October 1, 20Y6, Jay Crowley established Affordable Realty, which completed the following transactions during the month: Oct. 1 Jay Crowley transferred cash from a personal bank account to an account to be used for the business in exchange for common stock, $40,000. 2 Paid rent on office and equipment for the month, $4,800. 3 Purchased supplies on account, $2,150. 4 Paid creditor on account, $1,100. 5 Earned sales commissions, receiving cash, $18,750. 6 Paid automobile expenses (including rental charge) for month, $1,580, and miscellaneous expenses, $800. 7 Paid office salaries, $3,500. 8 Determined that the cost of supplies used was $1,300. 9 Paid dividends, $1,500. 1. Journalize entries for transactions Oct. 1 through 9. Refer to the Chart of Accounts for exact wording of account titles. 2. Post the journal entries to the T accounts, selecting the appropriate date to the left of each amount to identify the transactions. Determine the account balances, after all posting is complete. Accounts containing only a single entry do not need a balance. 3. Prepare an unadjusted trial balance as of October 31, 20Y6. 4. Determine the following: a. Amount of total revenue recorded in the ledger. b. Amount of total expenses recorded in the ledger. c. Amount of net income for October. 5. Determine the increase or decrease in retained earnings for October.
Answer and Explanation:
1. According to the scenario, the journal entries are shown below:
Journal Entry
October 1 Cash A/c Dr. $40,000
To Common stock A/c $40,000
(Being the exchange for the common stock is recorded)
October 2 Rent expenses A/c Dr. $4,800
To Cash A/c $4,800
(Being the paid rent on office and equipment is recorded)
October 3 Supplies A/c Dr. $2,150
To Accounts payable A/c $2,150
(Being the purchase of supplies is recorded)
October 4 Accounts payable A/c Dr. $1,100
To Cash A/c $1,100
(Being the cash paid is recorded)
October 5 Cash A/c Dr. $18,750
To Sales commission A/c $18,750
(Being the earned sales commission is recorded)
October 6 Automobile expense A/c Dr. $1,580
Miscellaneous expense A/c Dr. $800
To Cash A/c $2,380
(Being the automobile and miscellaneous expenses paid is recorded)
October 7 Office salaries expense A/c Dr. $3,500
To Cash A/c $3,500
(Being the office salaries paid is recorded)
October 8 Supplies expense A/c Dr. $1,300
To Supplies A/c $1,300
(Being the cost of supplies is recorded)
October 9 Dividend A/c Dr. $1,500
To Cash A/c $1,500
(Being the dividend paid is recorded)
2. Now the posting of various accounts are as follows
T Accounts
Cash A/c
Particular Amount ($) Particular Amount ($)
Common stock 40,000 Rent expenses 4,800
Sales commission 18,750 Account payable 1,100
Automobile expense 1,580
Miscellaneous expense 800
Office salaries expense 3,500
Dividend expense 1,500
Supplies Account
Particular Amount ($) Particular Amount ($)
Accounts payable 2,150 Supplies expenses 1,300
Accounts Payable
Particular Amount ($) Particular Amount ($)
Cash 1,100 Supplies 2,150
Common Stock
Particular Amount ($) Particular Amount ($)
Cash 40,000
Dividends
Particular Amount ($) Particular Amount ($)
Cash 1,500
Sales Commission
Particular Amount ($) Particular Amount ($)
Cash 18,750
Rent expense
Particular Amount ($) Particular Amount ($)
Cash 4,800
Office Salaries expense
Particular Amount ($) Particular Amount ($)
Cash 3,500
Supplies Expenses
Particular Amount ($) Particular Amount ($)
Supplies 1,300
Automobile Expense
Particular Amount ($) Particular Amount ($)
Cash 1,580
Miscellaneous expense
Particular Amount ($) Particular Amount ($)
Cash 800
3. Now unadjusted trail balance is presented below:
Unadjusted Trial Balance
Particular Debit Amount ($) Particular Credit Amount ($)
Cash 45,470 Accounts payable 1,050
Supplies 850 Common stock 40,000
Dividends 1,500 Sales Commission 18,750
Rent expense 4,800
Office salaries expense 3,500
Automobile expense 1,580
Supplies expense 1,300
Miscellaneous expense 800
Total 59,800 Total 59,800
4
a).Amount of total revenue recorded in the ledger
Sales commissions = $18,750
b). Amount of total expenses recorded in the ledger
Particular Amount ($)
Rent expense 4,800
Office salaries expense 3,500
Automobile expense 1,580
Supplies expense 1,300
Miscellaneous expense 800
Amount of total expenses
recorded in the ledger 11,980
c).Amount of Net income for October is
= Total Revenue - Total Expenses
= $18,750 - $11,980
= $6,770
d) Increase or decrease in retained earnings for October is
= Net Income - Dividends
= $6,770 - $1,500
= $5,270
All assets, expenses and dividend contains normal debit balance while the liabilities, revenues, and the stockholder equity contains normal credit balance
QUESTION TWO HEEKS Associates Co. Ltd is considering investing in one of two proposed short-term portfolios of four short-term financial investments. The correlation between the returns of the individual investments is believed to be negligible in both options proposed. The market return is estimated to be 15%, and the risk-free rate 5%. Portfolio 1 Investment A B C D Portfolio 2 Investment A B C D Amounts invested (TZS) 10,000,000 40,000,000 30,000,000 20,000,000 Amounts invested (TZS) 20,000,000 40,000,000 20,000,000 20,000,000 Expected Total return risk 20% 8 22% 24% 26% Expected return 18% 20% 22% 16% 10 11 9 Total risk 7 9 12 13 Beta 0.7 1.2 1.3 1.4 Beta 0.8 1.1 1.2 1.4 Required: a) Calculate the risk and return of the two portfolios using the principles of both portfolio theory and the CAPM. b) Which portfolio appears to be more efficient?
Portfolio 1: Expected Return 1: 19.6% , Total Risk (σ1): 5.5%
CAPM Expected Return 1: 51%, CAPM Total Risk (σ1): 49.5
Portfolio 2: Expected Return 2: 19.2%, Total Risk (σ2): 4.7%
CAPM Expected Return (E(R2)): 50%, CAPM Total Risk (σ2): 48.1
a) Portfolio Risk and Return Calculation:
Using Portfolio Theory:
For Portfolio 1: Expected Return 1 = (Weight A * Return A) + (Weight B * Return B) + (Weight C * Return C) + (Weight D * Return D) Expected Return (E(R1)) = (0.1 * 18%) + (0.4 * 20%) + (0.3 * 22%) + (0.2 * 16%)
= 1.8% + 8% + 6.6% + 3.2%
Expected Return 1 = 19.6%
Total Risk (σ1) = √[(Weight A^2 * Risk A^2) + (Weight B^2 * Risk B^2) + (Weight C^2 * Risk C^2) + (Weight D^2 * Risk D^2)] Total Risk (σ1) = √[(0.1^2 * 7^2) + (0.4^2 * 9^2) + (0.3^2 * 12^2) + (0.2^2 * 13^2)]
= √[0.49 + 12.96 + 10.08 + 6.76] Total Risk (σ1) = √30.29
Total Risk (σ1) = 5.5%
For Portfolio 2: Expected Return 2 = (0.2 * 18%) + (0.4 * 20%) + (0.2 * 22%) + (0.2 * 16%)
= 3.6% + 8% + 4.4% + 3.2%
Expected Return 2 = 19.2%
Total Risk (σ2) = √[(0.2^2 * 7^2) + (0.4^2 * 9^2) + (0.2^2 * 12^2) + (0.2^2 * 13^2)]
= √[0.98 + 12.96 + 2.88 + 5.32] = √22.14
Total Risk (σ2) = 4.7%
Using CAPM:
For Portfolio 1: Expected Return 1 = Risk-Free Rate + (Beta A * Market Risk Premium) + (Beta B * Market Risk Premium) + (Beta C * Market Risk Premium) + (Beta D * Market Risk Premium) Expected Return (E(R1))
= 5% + (0.7 * (15% - 5%)) + (1.2 * (15% - 5%)) + (1.3 * (15% - 5%)) + (1.4 * (15% - 5%))
= 5% + (0.7 * 10%) + (1.2 * 10%) + (1.3 * 10%) + (1.4 * 10%)
= 5% + 7% + 12% + 13% + 14%
Expected Return 1 = 51%
Total Risk (σ1) = Beta-Weighted Standard Deviation = (Beta A * Risk A) + (Beta B * Risk B) + (Beta C * Risk C) + (Beta D * Risk D)
= (0.7 * 7) + (1.2 * 9) + (1.3 * 12) + (1.4 * 13)
= 4.9 + 10.8 + 15.6 + 18.2
Total Risk (σ1) = 49.5
For Portfolio 2: Expected Return 2 = 5% + (0.8 * (15% - 5%)) + (1.1 * (15% - 5%)) + (1.2 * (15% - 5%)) + (1.4 * (15% - 5%))
= 5% + (0.8 * 10%) + (1.1 * 10%) + (1.2 * 10%) + (1.4 * 10%)
= 5% + 8% + 11% + 12% + 14%
Expected Return 2 = 50%
Total Risk (σ2) = (0.8 * 7) + (1.1 * 9) + (1.2 * 12) + (1.4 * 13)
= 5.6 + 9.9 + 14.4 + 18.2
Total Risk (σ2) = 48.1
Based on these metrics, Portfolio 2 appears to be more efficient since it has a slightly lower total risk while still offering a high expected return.
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Question 5 of 20
A payroll register lists the total current period earnings as $35,600. It lists the
total withholdings and deductions as $8,910. What does the journal entry to
record payment of salaries and wages list as the debits and credits for
Salaries and Wages Payable and Cash?
OA. Salaries and Wages Payable: $35,600 debit; Cash: $8,910 credit
OB. Salaries and Wages Payable: $35,600 credit Cash: $8,910 debit
OC. Salaries and Wages Payable: $26,690 debit; Cash: $26,690 credit
OD. Salaries and Wages Payable: $26,690 credit; Cash: $26,690 debit
The correct answer is OD. Salaries and Wages Payable: $26,690 credit; Cash: $26,690 debit.
When recording the payment of salaries and wages, the journal entry will involve debiting (increasing) the Cash account and crediting (decreasing) the Salaries and Wages Payable account.
In this case, the total current period earnings of $35,600 represents the amount owed to employees for their wages, which is a liability. Since the payment is being made, the Salaries and Wages Payable account will be credited for the same amount, $35,600. On the other hand, the Cash account will be debited for the amount actually paid, which is $8,910 (representing the net payment after withholdings and deductions).
Therefore, the correct journal entry would be:
Salaries and Wages Payable: $26,690 credit
Cash: $26,690 debit
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