Given that the production function of the monopolist is Q = L^0.5K^0.5 where L is the number of units of labor and K is the number of units of capital used in the production process. The cost per unit of labor is $4 and the cost per unit of capital is $16.
Assuming the market demand is P = 24 - Q, to find out how much output the monopolist is going to produce, the number of units of labor and capital the firm is going to employ and the profit earned by the firm, follow the steps below;Step 1: Find the marginal product of labor (MPL) and the marginal product of capital (MPK)MPL = 0.5 (Q/L)K^0.5MPK = 0.5 (Q/K)L^0.5Step 2: Find the cost of labor (CL) and the cost of capital (CK)CL = MPL * wwhere w is the cost per unit of labor, w = $4CL = 0.5 (Q/L)K^0.5 * $4CK = MPK * rwhere r is the cost per unit of capital, r = $16CK = 0.5 (Q/K)L^0.5 * $16Step 3: Substitute MPL and MPK into the production function and simplifyQ = L^0.5K^0.5Q = (4/MPL)^2(4/MPK)^2Step 4: Substitute the market demand into the equation for Q and solve for P24 - Q = L^0.5K^0.5P = 24 - (4/MPL)^2(4/MPK)^2Step 5: Rewrite P in terms of L and K by substituting MPL and MPK into the equation and simplifyP = 24 - (16Q^2)/(L^2K^2)Step 6: Find the total cost (TC)TC = CL * L + CK * KTC = 2QStep 7: Find the marginal revenue (MR)MR = d(PQ)/dQ = 24 - 2QStep 8: Find the marginal cost (MC)MC = dTC/dQ = 2Step 9: Find the output (Q) by setting MR = MC24 - 2Q = 2Q = 11Step 10: Find the quantity of labor (L) and capital (K) employedL = Q/MPL = (11/0.5K^0.5)^2K = Q/MPK = (11/0.5L^0.5)^2Therefore, the monopolist will produce 11 units of output, employ 24 units of labor and 24 units of capital. The total cost will be $22 and the total revenue will be $132. Therefore, the profit will be $110. Hence, the monopolist will produce 11 units of output, employ 24 units of labor and 24 units of capital, and earn a profit of $110.Thus, the monopolist will produce 11 units of output, employ 24 units of labor and 24 units of capital, and earn a profit of $110.
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Help ASAP!!!! most possible answer
Answer:
The administration prosses a public and and AVAILIBLE TO ANYONE to review.
Explanation:
That is the most open administration because its available to anyone-(the public).
The summary section of a business report appears at the bottom of the report.
False
True
A free-market system cannot operate effectively and fairly without a reliable foundation in __________. a. contract law
b. government regulation
c. equality of consideration
d. equity
A free-market system cannot operate effectively and fairly without a reliable foundation in contract law.
A is the correct answer because a free market system cannot operate fairly and effectively without a solid foundation in contract law, and on a practical level, all sellers and buyers must be confident that the transaction they are about to enter into will be completed as specified.
Other options are incorrect because government regulations are a set of rules and regulations provided by the government for market regulation, equity of consideration is a moral principle stating that one should include all affected interests in calculating the brightness of an action, and equity is ownership in a company with debts and liabilities attached.
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Jackie told Casey that if she wants to sleepover she will have to sneak over some of her parents beer. Casey really doesn't want to break her parents trust.Jackie is likely exerting control over Casey using A. Emotional Abuse B. Intimidation C. Blame D. Peer Pressure
Answer:
D. Jackie is exerting control using Peer Pressure
To address a rise in the unemployment rate, a government may:
A. invest in programs that help people in need.
B. reduce the amount of money in circulation.
C. raise interest rates to allow businesses to borrow less money.
D. lower interest rates to allow businesses to borrow less money.
If to address a rise in the unemployment rate, a government may: A. invest in programs that help people in need.
What is unemployment rate?Unemployment rate can be defined as the ratio or percentage of people that are searching for Job or looking for Job.
In order to reduce the rise in unemployment rate government can tend to invest in programs which they know will tend to help people in need as by doing so it will help to decrease the rate of unemployment.
Unemployment is mostly calculated using this formula
Unemployment rate = Number of unemployed individuals / Total number in the labor force
Therefore we can conclude that the correct option is A.
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In order to decrease their level of pollution, Jean and Rhonda decided to _______. a. ride the bus to work instead of walking b. drive separately instead of taking the train c. ride the train instead of riding their bikes d. carpool instead of driving separately Please select the best answer from the choices provided A B C D
Answer: d. carpool instead of driving separately
Explanation:
The best option is the one that leaves the least carbon footprint on the planet.
If they ride the bus instead of walking, the bus would burn more fuel (carbon) to carry them as opposed to if they simply walked.
If they drive separately instead of taking the train, the two cars would cause more pollution than if they took a train.
If they ride the train instead of their bikes, the train would burn more fuel or use more electricity to carry them as opposed to them simply using bicycles which do not cause pollution when used.
If they however carpool instead of driving separately, they would decrease their level of pollution because one car would cause less pollution than two.
Answer:
D. carpool instead of driving separately
Hope this helps!
Explanation:
You are Anil Gupta residing at 158, Vasu Nagar, Baranagar, Write a letter to your friend inviting him to your birthday party.
The letter to my friend inviting him to my birthday party is given below:
The LetterDear [Friend's Name],
I hope this letter finds you in the best of health and spirits. As you already know, my birthday is coming up, and I would like to invite you to my party.
The party is on [Date] at [Time] at my residence, 158, Vasu Nagar, Baranagar. We have planned a lot of exciting activities, music, and delicious food to celebrate the occasion.
Your presence at my birthday party would make me very happy, and I hope that you will be able to attend. Please let me know if you will be able to make it so that we can make the necessary arrangements.
Looking forward to your response and hoping to see you soon.
Warm Regards,
Anil Gupta
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how does a shop owner add value to their business
Answer:
A shop owner adds value to their business by conducting all major monetary transactions for his company.
Explanation:
Answer:
Customer engagement.
Community.
Thank you cards.
Membership.
Convenience without a compromise.
Have a cause.
Explanation:
Crazy mountain sports inc. assembles and sells snowmobile engines. the company began operations on march 1 and operated at 100% of capacity during the first month. the following data summarize the results for march:
Absorption costing and variable costing income statement . In absorption costing some part of fixed factory overhead is included in cost of ending inventory so when production is more than sales the net operating income is higher in comparison of variable costing net operating income.
Both direct and indirect costs are included in the components of absorption costing. Costs that can be directly linked to a particular product or service are referred to as direct costs. Raw materials, labor, and any other direct expenses incurred during the production process are included in these costs. Costs that are not directly related to a particular product or service are referred to as indirect costs. Utilities, rent, and insurance are examples of these expenses, which are also referred to as overhead costs. Products and services are typically assigned indirect costs based on some activity measure, like the number of units produced or direct labor hours required to produce the product. In absorption costing, a product's price includes both direct and indirect costs. This indicates that the direct costs of producing each unit of a product are included in the cost of that unit as well as some of the indirect costs incurred during the production process.
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customer accessibility is the most critical factor in evaluating a specific site for a
When evaluating a specific site, customer accessibility is one of the most critical factors to consider.
What does this entail?Accessibility refers to how easily customers can access and use the site. This includes aspects such as loading speed, user-friendly interface, and ease of navigation.
A site that is easy to use and navigate will attract more customers, increase engagement, and ultimately drive sales. Additionally, accessibility also includes considerations for individuals with disabilities, such as making the site accessible for those who are visually impaired or have mobility limitations.
Focusing on customer accessibility can improve the overall user experience, leading to increased customer satisfaction and loyalty.
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What is the woman in white being pressured to do at the beginning of the film?
Marry At the opening of the movie, the woman in white being pressured is Dr. Bates.
Lemuel Gulliver, a surgeon and sea captain who travels to distant parts of the world, tells the story of four adventures in Gulliver's Travels, a first-person narrative. The major antagonist of the 2010 fantasy adventure comedy film Gulliver's Travels, which is based on the 18th-century novel of the same name by Jonathan Swift, is General Edward Edwardian (also known as General Edward or Edward). The Brobdingnagians are enormous; on average, they stand 60 feet tall, and their lands and creatures are as enormous. Due to Gulliver's extreme vulnerability in this society, it becomes reasonable that the satire progressively focuses on the brittleness (and grotesqueness) of the human body.
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what can you do to effectively navigate a panel interview? check all that apply. prepare basic biographical information on each interviewer. make sure you meet with two or more interviewers on a one-on-one basis. keep eye contact with the questioner as well as with others. ask the panel members rapid-fire questions. take notes during the interview.
To effectively navigate a panel interview-
Keep eye contact with the questioner as well as with others. Prepare basic biographical information on each interviewer. Make sure you meet with two or more interviewers on a one-on-one basis.
A panel interview is a specific type of conversation in which one candidate is questioned by numerous interviewers, often from different departments of the company, such as the potential employer and a member of the people recruiting team.
You can safely pass this identical panel interview by keeping eye contact with the interviewer as well as the other panelists, writing a brief bio about each interviewer, and making sure you speak with three or more investigators at least once.
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Elise works in New York and developed a geothermal project that was opening in Atlanta. She noticed the project is due next week and is not complete. She had to quickly go to Atlanta to put the finishing touches on the project. Which qualifications are best being used by Elise to complete her job? O willingness to travel and mechanical knowledge O knowledge of geography and physical stamina O customer service and mechanical knowledge O stress management and willingness to travel
Answer: stress management and willingness to travel
Explanation:
Based on the scenario described in the question, Option A and C are both wrong as she doesn't need mechanical knowledge. Mechanical knowledge has to do with one's ability to be able to understand and use tools. She also doesn't need customer service as she isn't attending to customers or anyone.
Since she had to quickly go to Atlanta to put the finishing touches on the project, what she needs is her ability to manage stress and also her willingness to travel.
Answer:
D, Stress management and willingness to travel.
Explanation:
Edge 2020 <3
How do performance standards best promote ethical behavior?
Answer:
reviews and if manage hold themselves to a high standard of ethical behavior how do managers deal with overstaffing problems teaching employees better time management/.
Explanation:
Which is a business owned and operated by a single individual?
Sole proprietorship is a business owned and operated by a single individual.
A sole proprietorship may operate under the owner's name or under a fictitious name, although laws regarding the use of fictitious names vary by state.
The use of fictitious names does not create a separate entity from the business owner. Sole proprietorships are popular due to ease of entry. When an individual starts a sole proprietorship, they own and control all aspects of the business.
Even if you hire employees, you are still personally responsible for full legal responsibility, which is a characteristic of sole proprietorships that distinguishes them from other forms of business.
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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOU"All the profession/occupations are equally important" How and why?
Answer:
How: All proffessions and occupations have their various fields and all fields are needed to work together for the effective growth of an economy.
Why: An economy comprises of fields in which the various occupations are embedded in. For the success of an economy all fields must work together. That is no field or occupation is more important than the other
For prescription drug coverage with her family health care plan,
Emmeline has four options:
Option A: $50 monthly premium and $20 co-pay per prescription
Option B: $70 monthly premium and $15 co-pay per prescription
Option C: $90 monthly premium and $10 co-pay per prescription
Option D: $110 monthly premium and $8 co-pay per prescription
Based on Emmaline's records, her family fills an average of two
prescriptions per month. Which would be her least expensive
option?
Option A
Option B
Option C
Option D
No
Answer:
the answer is A
Explanation:
option A is $50 monthly premium and $20 co-pay per prescription.
if you do the math:
$50 + $20 x 2=90
$70 + $15 x 2= 100
$90 + 10 x 2= 110
$110 + 8 x 2= 126
(you multiply 2 because of the amount of prescriptions she goes through per month )
P.S I am also a personal finance student and took the test, got it right, but didn't go off the answer here.
Hope this helps :)
The least expensive option for Emmeline would be:
A: $50 monthly premium and $20 co-pay per prescriptionAccording to the given question, we are asked to show the least expensive option for Emmeline when purchasing a prescription drug based on family health care plan.
As a result of this, we can see that a $50 monthly premium and a $20 per day prescription would cost $90 which is lower than the cost of other prescription plans which goes as high as $126.
Therefore, the correct answer is option A
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How is Infrastructure related to the business and his Impact and Importance on it?
Infrastructure is the most crucial factor of a business organization, and much of a business' growth depends upon better infrastructure.
What is infrastructure?Infrastructure for a business can be understood as a set of facilities and services that are a requirement for the smooth functioning of a business organization.
If the infrastructure is poor, then there is a definite cap on the upper side of a business' growth. Similarly, a better infrastructure increases the opportunities for increase in the productivity of a business.
Hence, the significance of infrastructure is aforementioned.
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Lana has worked on many teams before, but she always felt like she ended up doing a lot of the work. If Lana could form her own team, she should look for someone who _____. a. has good communication skills b. has a positive attitude c. does their share of the work d. All of the above
Answer:
D: All of the above
Explanation: Because she can tell each person what specific thing she wants them to do.
Have a nice day!!
Lana has worked on many teams before, but she always felt like she ended up doing a lot of the work. If Lana could form her own team, she should look for someone who has good communication skills, has a positive attitude and does their share of the work. Hence, option D is correct.
What is communication skills?Communication is the capacity to effectively transmit or exchange ideas and thoughts. Many experts agree that good communication skills require delivering messages without misleading or deceiving others. Communicating clearly with a range of people from different backgrounds.
Communication skills are the abilities you employ when providing and receiving various forms of information. Examples include sharing original ideas, feelings, or even a project update. The four Cs of communication are compassion, compassion, compassion, and compassion.
Thus, option D is correct.
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Why doesn't the Lorax do anything to stop the Once-ler (hint: he's a symbol)? What does this tell us
about the future of business decisions?
Answer:
The Lorax is a symbol of environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. This tells us that if we do not take steps to balance economic growth and environmental sustainability, it could lead to long-term negative consequences for the environment and future business decisions.
Explanation:
The Lorax is a children's book by Dr. Seuss that explores the environmental impact of economic growth and consumerism. In the story, the Once-ler begins cutting down Truffula trees to make a product called Thneeds, despite the warnings of the Lorax, who speaks for the trees and the animals that depend on them.
The Lorax represents environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. The Once-ler's actions are driven by his desire for profit, and he continues to cut down trees despite the negative impact it has on the environment. The Lorax, as a symbol of environmental awareness, is unable to stop the Once-ler from destroying the ecosystem, which ultimately leads to the disappearance of the Truffula trees and the animals that depend on them.
This lack of balance between economic growth and environmental sustainability is a lesson that has implications for future business decisions. If businesses prioritize profit over environmental sustainability, it could lead to long-term negative consequences for the environment, which could ultimately harm the economic viability of those businesses. It is important for businesses to consider the environmental impact of their decisions and take steps to balance economic growth and sustainability for the long-term health of the environment and economy.
Your cash t-account has a beginning debit balance of $5,000. New debits are $500 and new credits are three times new debits. What is the new balance?
Answer: 4000
Explanation:
when considering criteria used to select projects, capturing a larger market share or reducing the dependency on unreliable suppliers would both be examples of
When considering criteria used to select projects, capturing a larger market share or reducing the dependency on unreliable suppliers would both be examples of strategic objectives or goals that a company may have.
Capturing a larger market share would be a strategic objective that focuses on increasing the company's sales and customer base, potentially leading to increased revenue and profitability. This can be achieved by introducing new products or services, expanding into new markets, or improving the company's marketing and sales efforts.
Reducing the dependency on unreliable suppliers is also a strategic objective that focuses on mitigating the risks associated with supply chain disruptions. By diversifying its supplier base, a company can reduce its reliance on any one supplier and mitigate the impact of any disruptions, such as delays in delivery or quality issues.
Both of these objectives are strategic in nature and align with the overall goals of the company, which can help guide the selection of projects that will support these objectives. By selecting projects that align with the company's strategic objectives, the company can maximize its chances of achieving its goals and remaining competitive in the marketplace.
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why do you think people spend so much money on their wants despite the financial costs?
Some people spend so much money on their wants because they don't create a budget or just simply think about what they actually need. They also don't ask themselves if they can function in life without items that they want.
A budget is a calculation plan, commonly but not constantly economic, for a described period, regularly 365 days or a month. A finances may also encompass expected income volumes and sales, aid quantities consisting of time, fees and expenses, environmental impacts together with greenhouse gas emissions, other influences, belongings, liabilities and cash flows. corporations, governments, families, and different agencies use budgets to express strategic plans of activities in measurable phrases.[1]
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eld incorporated has provided the following data for the month of june. there were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. work in process finished goods cost of goods sold total direct materials $ 5,890 $14,070 $ 95,760 $115,720 direct labor 9,680 20,100 136,800 166,580 manufacturing overhead applied 5,880 10,080 68,040 84,000 total $21,450 $44,250 $300,600 $366,300 manufacturing overhead for the month was overapplied by $1,000. the company allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts. the cost of goods sold for june after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to:
The cost of products sold for June is equal to 300600 - (1000/84000*68040) = $299790.
How much do goods cost?The cost of goods sold (COGS) is a critical metric for any business because it reveals the actual costs related to producing the things the company sells. The definition of this metric's cost of goods sold includes the cost of labor and materials used directly to create the product, but excludes indirect costs like those connected to distribution and the sales force. The cost of the goods sold may also be referred to as "cost of sales."
Furthermore, the term COGS is used in accounting under U.S. Generally Accepted Accounting Methods (GAAP), which requires businesses to adhere to particular inventory costing principles. GAAP provides instructions on whether costs should be included or excluded in the COGS calculation procedure.
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when palpating for fundal height on a postpartum woman, which technique is preferable?
When palpating for fundal height on a postpartum woman, the preferred technique is to use the two-handed method. This involves placing one hand above the symphysis pubis and the other hand on the fundus of the uterus. The healthcare provider should then gently press down with both hands to feel for the top of the uterus, or the fundus. This technique ensures accuracy in measuring the fundal height and allows for early detection of any abnormal uterine growth. It is important to note that the healthcare provider should ensure that the postpartum woman is in a comfortable position and that her bladder is empty before performing this procedure. The frequency of measuring the fundal height varies based on the postpartum stage and the patient's individual circumstances.
When palpating for fundal height on a postpartum woman, the preferable technique is as follows:
1. Begin by having the woman lie supine on an examination table with her knees slightly bent and feet flat on the table.
2. Wash and sanitize your hands, then put on gloves for proper hygiene and safety.
3. Locate the woman's pubic symphysis, a joint at the front of the pelvis where the two pubic bones meet.
4. Using your dominant hand, start palpating gently above the pubic symphysis, moving in an upward direction.
5. As you palpate, you are feeling for the fundus, which is the top part of the uterus.
6. Once you locate the fundus, assess its firmness. A firm fundus indicates that the uterus is contracting effectively and reducing the risk of postpartum hemorrhage.
7. Measure the fundal height using a measuring tape from the pubic symphysis to the top of the fundus. This measurement can help assess uterine involution, which is the process of the uterus returning to its pre-pregnancy state.
8. Document your findings and report any concerns to the healthcare provider.
Using this technique when palpating for fundal height on a postpartum woman is preferable as it allows for a safe and accurate assessment of uterine involution.
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Review your states guidelines and regulations pertaining consumer loans and credit. And a 500 word report, describe how they compare to the federal laws. Tennessee.
Answer:
Texas state laws are highly concerned with third-party collection agencies hassling consumers. State laws require that debt collectors prove they are bonded and licensed to collect delinquent funds. A debt collector must validate or prove it is the legitimate owner of a debt and provide the consumer with specific information about the debt. The Texas finance code states that collection agencies must tell you the name of the original creditor, the original date of default or non-payment, the date the debt was transferred from the original creditor to the third-party debt collector, and the original balance and current balance. If the debt collector refuses to provide the information, state law views it as an admission of inaccurate debt collection. The consumer then has the right to have all debt collection efforts stop and to have the debt permanently removed from any consumer credit reports. The debt collector must be bonded in the state of Texas and have legal authority to collect fees, interest, and expenses. Texas offers programs to monitor credit reports, help repair credit history, and make payment plans.
While federal credit and loan laws are more concerned with fair and accurate business practices, Texas state law is more concerned about debt collection by third parties and repairing credit history. It indicates that when it comes to credit and loans, the biggest problems Texans experience are high debt, debt collections, and poor credit ratings. Texas is less concerned with fair credit practices by creditors and more concerned with how to keep its consumers from defaulting on loans. They also seem to be concerned with fraudulent collection agencies going after consumers and with false financial information being placed on consumer credit reports. The Fair Credit Reporting Act tells consumers to alert CRAs to investigate disputed claims, and the CRAs then have 30 days to investigate a claim and determine if it is inaccurate, incomplete, or unverifiable. In Texas, the state advises consumers to contact the collection agency and request information to validate the collection. Texas gives the collection agency 30 days to respond. If the collector doesn’t respond, the case must be removed, if the agency does respond, the debt is considered legitimate. The state does not refer to CRAs at all.
The state’s website does address identity theft, which can lead to fraudulent use of credit. Texas recommends its citizens invest in an identity protection plan for $10 a month. It also encourages people to invest in a credit report service for $14.95 a month. The Fair and Accurate Credit Transactions Act advises people that they have the right to access three free credit reports a year. The act also states that consumers have the right to have their account flagged by CRAs in the event of identity theft. Texas does not mention any of these rights and services. However, the state provides a lot of links and pages advertising businesses that consumers can pay to help them with credit history and identity theft. The state does not alert people to any free rights and services guaranteed by federal law.
Explanation:
PLATO
How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%?a. $438.03b. $461.08c. $485.35d. $510.89e. $537.78
Answer:
The present value is $537.78
Explanation:
Given
\(Future\ Value\ (FV) = \$20,000\\Time (T) = 50\ Years\\Discount\ Rate\ (R)= 7.5\%\)
Required
The Present Value(I)
To calculate the present value, we simply apply the formula for future value;
\(FV = I *(1 + R)^T\)
Substitute 20,000 for FV; 50 for T and 7.5% for R;
This gives
\(20,000 = I *(1 + 7.5\%)^{50}\)
Convert percent to decimal
\(20,000 = I *(1 + 0.075)^{50}\)
\(20,000 = I *(1.075)^{50}\)
\(20,000 = I *37.19\)
Divide both sides by 37.19
\(\frac{20,000}{37.19} = \frac{I *37.19}{37.19}\)
\(\frac{20,000}{37.19} = I\)
\(537.778 = I\)
\(I = 547.78\ (Approximated)\)
Hence, the present value is $537.78
Which of these is reported first on a balance sheet?
All assets are stated first, followed by liabilities (typically in order of liquidity1). Each future economic gain held or managed by the corporation (its assets) as well as its obligations (liabilities) are depicted. (Optin B)
What is a balance sheet?A balance sheet is a summary of an individual's or organization's financial balances, whether it is a sole proprietorship, a commercial partnership, a corporation, a private limited company, or another organization such as a government or not-for-profit agency.
A balance sheet provides a picture of your company's financial situation at any given time. A balance sheet, together with an income statement and a cash flow statement, may assist business owners in evaluating their company's financial status.
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Which of the following statements would be considered pros of globalization?
Increased competition between countries
Increased immigration of unskilled workers
Increased public funding for education and immigration of those citizens with education
Increased consumption of wide variety of goods leading to increased production
Answer:
increased consumption of wide variety of goods leading to increased production.
Explanation:
im sorry if i get it wrong