Answer:
bar graph
Explanation:
a graph that uses vertical or horizontal bars to display data
Cardinal Construction has a long-term asset with the following year-end information: Net book Value = $475,000 Estimated future cash flows = $425,000 Fair Value = $410,000 Is Cardinal required to impair this asset? If so, what amount of loss will be recorded?
Yes, Cardinal Construction is required to impair this asset.Cardinal Construction would need to impair the asset by recording an impairment loss of $65,000.
In order to determine whether an impairment is required, we need to compare the net book value of the asset to its recoverable amount. The recoverable amount is the higher of the fair value or the value in use.
In this case, the fair value of the asset is given as $410,000, which is lower than the net book value of $475,000. Therefore, there is an indication that impairment may be necessary.
To calculate the impairment loss, we need to determine the difference between the net book value and the recoverable amount. Since the fair value is lower, we will use that as the recoverable amount.
Impairment Loss = Net Book Value - Recoverable Amount
Impairment Loss = $475,000 - $410,000
Impairment Loss = $65,000
Therefore, Cardinal Construction would need to impair the asset by recording an impairment loss of $65,000.
Impairment of assets is required when there is an indication that the carrying amount of the asset exceeds its recoverable amount. The recoverable amount is the higher of the fair value or the value in use. In this case, the fair value of $410,000 is lower than the net book value of $475,000, indicating a potential impairment. The impairment loss is calculated by subtracting the recoverable amount from the net book value, resulting in a loss of $65,000. This loss reflects the reduction in the asset's value and is recorded as an expense in the income statement, which reduces the carrying amount of the asset to its recoverable amount. This ensures that the financial statements accurately reflect the decreased value of the asset.
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Resource scientists help the understanding in which of the following areas
The resource scientists gives an insight into some areas that includes
commerceenergytransportationagriculture etcWho are the resource scientists?These are scientist that deals with extraction of substance which exists in the earth and could be extracted someday at some price with some technology.
Most times, these resource scientists work with other geoscientists or social scientists to help solve arising issues in their departments.
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Resource scientists help understanding and solve the issues in areas such as commerce, energy, transportation, agriculture, and the environment.
What is a resource scientist?A resource scientist is someone who conducts research on climate, weather, and site conditions.
Resource scientists generally works with the geoscientists or social scientists to help them in getting the solution for the issues related to the agriculture, environment etc.
The quality or skills that is needed for the resource scientist are critical thinking, math skills, writing skills, communication etc.
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the majority of problems Best Buy was facing have been brought about by _________________force.
Answer:
external force
Explanation:
The majority of the problems best buy is facing have been brought about by external forces. This includes competition from rivals such as Amazon and Walmart. This makes the company loose it's shares in the market and the company's stock loosing it's value.
Your broker charges a commission of 5.1% of the cost of the stock you so if you sell a batch of stock worth 2,617,75 how much commission will you owe the broker
Answer:
a
Explanation:
$133.51 commission will you owe the broker, if you sell a batch of stock worth 2,617,75.
Thus, the correct option is A.
Who is a broker?
A broker is a free-standing individual or business that conducts financial transactions on behalf of others. Stocks, foreign exchange, real estate, and insurance are just a few of the asset groups that are impacted by these transactions.
The trading broker only acts on behalf of others, whereas the trader only deals with his or her own assets ("on his or her own account"). The broker acts on your behalf by using your assets, not his.
A broker deals in currencies, commodities, and financial instruments. The broker always acts on behalf of others, which is how they differ from traders. Worldwide, there is a huge variety of brokers, each with a different style, level of quality, and regulatory setup.
The spread, fee, or financing costs associated with a trading position generate revenue. The other CFD broker, in contrast, solely benefits financially from the trader's loss. Any gain achieved by the trader is a loss for the broker, which is why positions are manipulated or withdrawals are not executed.
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True or false: the operations manager is involved primarily with supply network design.
The activities director is very familiar with a few sorts of plan: procedure, design, job design, supply network design, and organizational design.
In supply chain management, what role does the operations manager play?Supply Chain Management The operations manager is in charge of managing the process of the supply chain by controlling inventory management, the production process, sales, distribution, and locating suppliers who can supply the necessary goods at fair prices.
In terms of operations management, what is network design?The process of building and modeling a supply chain to better understand the costs and time involved in bringing goods to market with the resources and locations available is known as supply chain network design.
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if the demand curve for funds increased but the supply curve remained constant, we would expect to see the total amount of funds supplied and demanded increase and interest rates in general also increase. a. true b. false
The statement, "If the demand curve for funds increased but the supply curve remained constant, we would expect to see the total amount of funds supplied and demanded increase and interest rates in general also increase." is True.
A demand curve is a graphical representation of how many units of a good or service a consumer is willing and able to purchase at various prices.
It is typically downward-sloping, reflecting the fact that as funds increase, consumers are typically willing and able to purchase fewer units of a good or service. The demand curve is a key tool in economics, used to help understand and predict consumer behavior.
Hence, the statement is "True"
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he products produced on the prairies went mostly to which market?to other farmersto other farmersoverseasoverseasto people in the citiesto people in the citiesto people in the western territories
The products produced on the prairies were mainly sold to other farmers, overseas markets, and people in the cities. This ensured a diverse distribution of prairie products, benefiting both local and global consumers.
Let's break it down:
1. Other farmers: Farmers on the prairies often traded their products with other farmers. For example, a farmer who grew wheat might exchange it with another farmer who raised livestock. This helped them meet their specific needs and diversify their food supply.
2. Overseas: Many prairie products were exported to other countries. Wheat, for instance, was a major crop grown on the prairies and was in high demand overseas. It was exported to countries like the United Kingdom, which relied on imports to meet their food needs.
3. People in the cities: Prairie products also supplied the growing urban population. The cities needed agricultural products like wheat, dairy, meat, and vegetables to feed their residents. Prairie farmers played a crucial role in meeting this demand.
To summarize, the products produced on the prairies were mainly sold to other farmers, overseas markets, and people in the cities. This ensured a diverse distribution of prairie products, benefiting both local and global consumers.
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The products produced on the prairies went mostly to people in the cities.The prairies in the United States and Canada are known for their agricultural productivity. The products grown and produced on the prairies, such as grains, vegetables, and livestock, were mainly sent to the cities.
This is because urban areas have a higher demand for food and agricultural products due to their larger population and limited access to agricultural land. The cities relied on the prairies to meet their food needs, and the transportation infrastructure, such as railways and highways, facilitated the movement of products from the prairies to the urban centers. Additionally, the products from the prairies may also have been distributed to other regions and overseas markets, but the primary market was the cities.
The majority of the products produced on the prairies were sent to people in the cities to meet their food needs. The cities relied on the prairies for a steady supply of agricultural products, and transportation infrastructure played a crucial role in facilitating this movement of goods.
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Which of the following defines long-term liabilities? Multiple choice question. Long-term liabilities are debts of a business that are not due to be settled within one year. Long-term liabilities are obligations due to be paid within one year. Long-term liabilities are reported before current liabilities on a classified balance sheet. Long-term liabilities are costs incurred within an accounting period that have uncertain benefits.
Answer:
Long-term liabilities are debts of a business that are not due to be settled within one year (A) is your answer
Explanation:
your welcome
The correct option is A. Long-term liabilities are debts of a business that are not due to be settled within one year which defines long-term liabilities.
In a part that might include debentures, loans, deferred tax liabilities, and pension obligations, long-term liabilities are listed in the balance sheet following more current liabilities.
What are short liabilities?Legal responsibilities that surface after receiving goods or services are known as short-term liabilities. Short-term liabilities in accounts of the governmental fund type are paid from current, readily available resources. Short-term liabilities in proprietary fund type accounts are debts due in less than a year.
Obligations that are due in more than a year's time, or within the operating cycle of the company if that cycle is longer than a year, are considered long-term liabilities. The length of time needed to convert an organization's inventory into cash is known as its operational cycle.
Thus, A is the best choice. The definition of long-term liabilities is obligations owed by a company that is not due to be paid off within one year.
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Two firms that compete in quantities face market demand given by P = 120 – Q. The marginal cost of firm 1 is 10 and the marginal cost of firm 2 is 20. What is industry output in Cournot equilibrium? Select one: a. 90 b. none of the other answers c. 100 d. 80 e. 70
In Cournot equilibrium, the industry output is 80 units.
Cournot equilibrium is a concept in economics that describes a situation in which two firms compete in quantities in a market. In this scenario, the market demand is given by P = 120 - Q, where P represents the price and Q represents the total output of both firms. Firm 1 has a marginal cost of 10, while firm 2 has a marginal cost of 20.
To determine the industry output in Cournot equilibrium, we need to consider the firms' strategies. Each firm aims to maximize its profit by choosing an output level based on its marginal cost and the expected reaction of the other firm. In Cournot equilibrium, each firm assumes that the other firm's output will remain constant.
To find the industry output, we need to find the point where the total output of both firms maximizes their joint profit. Firm 1 will equate its marginal cost (MC₁) to the marginal revenue it receives from selling its output. Similarly, firm 2 will equate its marginal cost (MC₂) to its marginal revenue. The sum of their individual outputs will give us the industry output.
In this case, with MC₁ = 10 and MC₂ = 20, the industry output in Cournot equilibrium is 80 units.
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If an investment adviser tells a client that a stock has doubled in the past year and, even though past performance is no assurance of future results, he is sure it will double, this statement is A) prohibited because the investment is not suitable for the client B) permissible if the adviser has performed due diligence on the stock C) prohibited as a likely exaggeration D) permissible due to the disclaimer of future performance
Answer:
C) prohibited as a likely exaggeration
Explanation:
The statement being made by the adviser is prohibited as a likely exaggeration. An investment adviser has the moral obligation to advise the client so that they may increase their wealth safely through informed decisions. This does not include exaggerated price predictions. Regardless of past performance, an adviser cannot state that an asset will double in the near future or in the future in general because no one can know what will happen in the future and making such a prediction can be dangerous for the client.
Taking one characteristic of a group or person and viewing that as the whole of what the person or group is" is the definition of a) Audience analysis b) Stereotyping c) Psychographic characteristics d) Totalizing
The definition of "Taking one characteristic of a group or person and viewing that as the whole of what the person or group is" is b) Stereotyping.
Stereotyping is the act of generalizing or assuming that a person or group has certain traits or characteristics based on one or a few observable characteristics.
This can lead to incorrect or unfair assumptions about a person or group and can have negative consequences. It is important to avoid stereotyping in audience analysis, as it can lead to inaccurate or incomplete analysis of the audience's needs and preferences.
Instead, a thorough and accurate analysis should take into account a variety of characteristics and avoid making generalizations based on a single characteristic.
the correct option is B) stereotyping.
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Transaction Analysis Amanda Webb opened a home health care business under the name Home Care, Inc. During its first month of operations, the business had the following transactions: a. Sold common stock to Ms. Webb and other stockholders in exchange for $30,000 cash b. Paid $18,500 cash for a parcel of land on which the business will eventually build an office building c. Purchased supplies for $2,750 on credit d. Used the supplies purchased in part (c). e. Paid rent for the month on office space and equipment, $800 cash f. Performed services for clients in exchange for $3,910 cash g. Pald salaries for the month, $1,100 h. Purchased and used $650 of supplies i. Paid $1,900 on account for supplies purchased in transactionc j. Performed services for clients on credit in the amount of $1,050 k. Paid a $600 dividend to stockholders Prepare an analysis of the effects of these transactions on the accounting equation of the business. Use the format below. If an amount box does not require an entry, leave the cel blank or enter zero Enter decreases in account values as negative numbers.
To analyze the effects of the transactions on the accounting equation, we will use the format below:
| Transaction | Assets | Liabilities | Equity |
|-------------|---------|-------------|--------|
| (a) | +$30,000 | | +$30,000 |
| (b) | -$18,500 | | |
| (c) | +$2,750 | +$2,750 | |
| (d) | | | |
| (e) | -$800 | | |
| (f) | +$3,910 | | |
| (g) | -$1,100 | | |
| (h) | | | |
| (i) | -$1,900 | -$1,900 | |
| (j) | | +$1,050 | |
| (k) | | | -$600 |
Now, let's analyze the effects of each transaction:
(a) Sold common stock to Ms. Webb and other stockholders in exchange for $30,000 cash
This transaction increases the cash asset and increases the equity through the common stock issuance.
(b) Paid $18,500 cash for a parcel of land on which the business will eventually build an office building
This transaction decreases the cash asset and increases the assets through the acquisition of land.
(c) Purchased supplies for $2,750 on credit
This transaction increases the supplies asset and increases the liabilities through accounts payable.
(d) Used the supplies purchased in part (c)
This transaction decreases the supplies asset.
(e) Paid rent for the month on office space and equipment, $800 cash
This transaction decreases the cash asset.
(f) Performed services for clients in exchange for $3,910 cash
This transaction increases the cash asset.
(g) Paid salaries for the month, $1,100
This transaction decreases the cash asset.
(h) Purchased and used $650 of supplies
This transaction increases the supplies asset.
(i) Paid $1,900 on account for supplies purchased in transaction (c)
This transaction decreases the accounts payable liability.
(j) Performed services for clients on credit in the amount of $1,050
This transaction increases the accounts receivable asset.
(k) Paid a $600 dividend to stockholders
This transaction decreases the equity through the dividend payment.
After analyzing these transactions, we can fill in the effects on the accounting equation:
| Transaction | Assets | Liabilities | Equity |
|-------------|---------|-------------|--------|
| (a) | +$30,000 | | +$30,000 |
| (b) | -$18,500 | | |
| (c) | +$2,750 | +$2,750 | |
| (d) | | | |
| (e) | -$800 | | |
| (f) | +$3,910 | | |
| (g) | -$1,100 | | |
| (h) | | | |
| (i) | -$1,900 | -$1,900 | |
| (j) | | +$1,050 | |
| (k) | | | -$600 |
Please note that I was unable to complete the analysis for transactions (d) and (h) as they were missing information or lacked clear effects on the accounting equation.
About transactionTransaction Processing System is part of an information system which is a system that executes and records the daily routine transactions needed to run a business.
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Giving brainliest to the best answer :)
Answer:
the supply curve shifts to the left
Explanation:
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firmographics consist of the company size, location, and objective. group startstrue or falsetrue, unselectedfalse, unselected
The given statement "firmographics consist of the company size, location, and objective" is true as Firmographics, often known as company demographics, are categories of traits used to categorize potential employers.
Company size and location are two common firmographics. Firms can carefully evaluate the characteristics of organizational behavior, for example in a certain sector, using firmographics factors. When operational variables, purchasing strategy, environmental conditions, and consumer personal qualities are similar, it is useful.
Firmographic data, or details about a company's essential traits, may be utilized to pinpoint market niches and obtain understanding of the requirements and preferences of these businesses. In order to assess B2B audiences based on their characteristics, firmographic data is collected, much like other major kinds of segmentation. This makes it much simpler to target, tailor, advertise, and find high-value consumers.
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The complete question is, " Firmographics consist of the company size, location, and objective. True or False."
Write about the three motivational theorists. (Herzberg, Maslow and Taylor)
There are three influential theorists who have made significant contributions to the understanding of motivation in the workplace: Frederick Herzberg, Abraham Maslow, and Frederick Taylor.
Frederick Herzberg was a renowned psychologist and management theorist known for his contributions to the understanding of employee motivation. He developed the two-factor theory, also known as the motivation-hygiene theory or dual-factor theory. According to Herzberg, there are two sets of factors-- hygiene factors and motivators that influence employee satisfaction and motivation.
Abraham Maslow was a prominent psychologist who proposed the hierarchy of needs theory. Maslow's theory suggests that individuals have a hierarchy of needs that must be fulfilled in a specific order to achieve motivation and self-actualization.
Frederick Taylor, often referred to as the father of scientific management, focused on improving productivity and efficiency in the workplace. His theories emphasized the scientific study of work processes and the implementation of standardization and specialization.
Overall, these three motivational theorists—Herzberg, Maslow, and Taylor contributed valuable insights into understanding what drives individuals in the workplace, whether through job enrichment, the fulfillment of hierarchical needs, or the optimization of productivity and efficiency.
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Report Student is required to discuss the impact of Covic-19 in Public Sector especially on Financial Reporting and Auditing part. Following is the contents to be included: 1. Main risks and challenges associated with Covid-19 spending in the public sector. 2. Impact of Covid-19 on the Financial Reporting and auditing role in maintaining the accountability.
Title: The Impact of COVID-19 on Financial Reporting and Auditing in the Public Sector Main risks and challenges associated with COVID-19 spending in the public sector:
The COVID-19 pandemic has significantly affected the public sector's financial landscape, giving rise to several risks and challenges. Firstly, there has been a surge in government spending to address the health crisis and mitigate its economic impact. This increased spending has exposed the public sector to the risk of fraud, misappropriation, and improper financial management. With the urgency to disburse funds quickly, proper due diligence and oversight measures may be compromised, leading to potential misuse of public resources. Additionally, the pandemic has disrupted normal procurement processes, making it challenging to ensure transparency and competitive bidding for public contracts.
Impact of COVID-19 on Financial Reporting and Auditing in maintaining accountability:
The COVID-19 pandemic has had a profound impact on the financial reporting and auditing functions within the public sector, significantly affecting the maintenance of accountability. Firstly, the crisis has caused substantial economic volatility and uncertainty, leading to increased complexities in financial reporting. Government entities must grapple with new accounting treatments for stimulus packages, loan forgiveness programs, and grants, requiring careful assessment and disclosure to provide accurate and reliable financial information.
Moreover, the shift to remote work arrangements and disruptions in internal controls have raised concerns regarding the accuracy and completeness of financial data. With limited access to physical documents and potential delays in information exchange, there is a heightened risk of errors, omissions, and fraudulent activities. Consequently, auditors face challenges in conducting thorough and effective audits to ensure the integrity of financial statements and compliance with relevant regulations.
To mitigate these challenges, public sector entities should strengthen their internal control systems, enhance transparency and accountability measures, and invest in technology to facilitate remote auditing and financial reporting processes. Additionally, collaboration between governments, auditors, and oversight bodies is crucial to address emerging risks and implement robust monitoring mechanisms.
In conclusion, the COVID-19 pandemic has presented significant risks and challenges in the public sector, particularly in terms of financial reporting and auditing. Effective measures must be implemented to ensure the appropriate use of funds, maintain accountability, and provide accurate financial information during these unprecedented times.
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Que consecuencias podria tener una subita caida del valor de las acciones para quienes compraban acciones con prestamos
La respuesta correcta para esta pregunta abierta es la siguiente.
No especificas el país o la Bolsa de Valores en específico, ni una fecha determinada, por lo que responderemos en términos generales.
Las consecuencias que podría tener una súbita caída del valor de las acciones para quienes compraban acciones con prestamos es que pierdan una gran parte del valor en lo que tenían invertido por la repentina caída de los precios en la Bolsa.
Además, si compraron las acciones con préstamos, la consecuencia también es que no van a tener la liquidez suficiente para poder enfrentar los pagos de esos préstamos o por lo menos, los pagos de los intereses, aunque no puedan pagar también al capital, para poder disminuir su deuda.
Este es el problema tan recurrente y grave que se presenta en los mercados de valores de cualquier Bolsa a nivel mundial. Es tan manipulable que cualquier variable hace que de repente el valor de una acción suba sin precedentes, pero al siguiente instante se desplome todavía más rápido sin mayor justificación válida.
what is the formula for activity ratio
Answer:
The ratio is calculated by dividing the net sales by the working capital. The ratio helps you figure out the net annual sales generated by the average amount of working capital during a year.
Explanation:
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Answer:
The ratio is calculated by dividing the net sales by the working capital. The ratio helps you figure out the net annual sales generated by the average amount of working capital during a year.
which of the three tables would you use to determine which student(s) earned the least extra credit?
If Student Sally who has earned 90 out of 100 points can give her a cumulative score of 90, the additional credit will be added to the 90 attempted points, making it 95 points earned divided by 100 possible points. body.
Extra credits are an optional way to earn extra points in a class, which can potentially raise your score. In college, instructors may give additional test questions or give students credit for work they do outside of the classroom. If you specify multiple columns for categories to be weighted, take the average scores of the columns and multiply this value by the weights.
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Find the final discount date and the net payment date for an invoice dated June 14 with terms of 3/10, net 20.
The final discount date is
(Type whole numbers.)
According to the given data, the final discount date is June 24 and the net payment date is July 4.
What do you mean by final discount date?Discount date is the date that comes ten (10) days after the bill's due date, unless another date is specified in the contract. The discount date is the final day that net rates can be applied to water and/or sewer charges.
The time frame during which an invoice must be fully paid in order to receive a reduction in the amount owed is known as the discount period.
Here,
Calculation of the final discount date:
Final discount date = June 14 + 10 days
Final discount date = June 24
Calculation of Net payment date:
Net payment date = June 14 + 20 days
Net Payment date = July 4
Therefore, through the data, the final discount date is June 24 and the net payment date is July 4.
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there is a surplus of a new brand of cereal on the market. what will likely happen to the price of the cereal?
Answer:
The price of the cereal would fall.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
When there is a surplus of a new brand of cereal in the market. What will likely happen to the price of the cereal is that the its price would fall.
outline 2 advantages to H&H of using secondary market research
Which of the following jobs is expected to double in the next few years?
nurse
automobile mechanic
real estate salesperson
computer engineer
Answer:
real estate salesperson
Computer Engineer
I have to write at least 20 characters to post this.
Kimberly has been helping Jonah in preparing his personal income tax forms for a couple of years. Jonah's boss recommended Kimberly because she had done a good job setting up the company's new accounting system. Jonah is very satisfied with Kimberly's work and feels that the fees she charges are quite reasonable. Kimberly would be classified as a(n)
Licensed professionals who indulge in preparing financial documents for individuals, organizations and business are called public accountant. Hence, Kimberly would be classified as a public accountant.
Based on the description given which involves the various tasks undertaken by Kimberly while working for Jonah, such as preparation of tax income forms and various financial documents. Here, Jonah is Kimberly's client and she will be classified as a public accountant.Learn more : https://brainly.com/question/25698053
Matt works part-time and is paid $6.75 per hour. Determine Matt's gross pay (hours worked x hourly rate of pay) for last week when he worked 20.25 hours. Round your answer to the hundredths place.
Answer:
Matt's gross pay (hours worked x hourly rate of pay) for last week when he worked 20.25 hours is equal to $136.69
Explanation:
Per hour amount paid to Matt = $6.75
Total number of hours worked by Matt = 20.25
To find Gross pay, multiply hours worked and hourly rate of pay.
Therefore,
Matt's gross pay (hours worked × hourly rate of pay) for last week when he worked 20.25 hours \(=20.25(6.75)=\$136.6875\) ≈ $136.69
A bag of pennies weighs 711.55 grams. Each penny weighs 3.5 grams. About how many pennies are in the bag? *
Therefore, there are about 203 pennies in the bag. This is a 90-word long answer. If you need to provide a 250-word answer, you can expand the explanation by discussing the weight and denomination of pennies, their history, and their use.
A religious denomination is a subgroup within a religion that practices several religious practices under a single name and tradition. The phrase alludes to different Christian denominations. The five main branches of Judaism are also mentioned in its definition.
A financial instrument's stated or face value, as well as the unit categorization for securities, bonds, and other investments, are referred to as its denomination.
The smallest unit in which a thing can be bought or sold is the denomination of quantity.
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What is insurance?
ANSWER PLSSS
Answer:
is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement
Explanation:
With the onset of the maturity stage, the number of firms in most industries:
a. Remains relatively stable
b. Tends to decrease significantly
c. Increases significantly
d. Decreases or increases, depending on the industry
With the onset of the maturity stage, the number of firms in most industries B) tends to decrease significantly.
About maturity stageDuring the maturity stage, competition among firms becomes intense and many firms may not be able to withstand the pressure and may have to exit the market.
Additionally, there may be consolidation within the industry as larger firms acquire smaller ones. As a result, the number of firms tends to decrease significantly during the maturity stage.
Therefore, the correct answer is option b.
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Tessa’s friend Milo offers her a ride home. Tessa does not like riding with Milo. He insists that everyone wear a seat belt, and he listens to classical music. He drives a small car, and usually texts while driving. Why should Tessa refuse Milo’s offer? Milo texts while driving. Milo listens to classical music. Milo drives a small car. Milo insists that everyone wear a seat belt.
Answer:
the first one
Explanation:
its dangerous and against the law to text and drive
A) Milo texts while driving.