All of the following are terms associated with preferred stock EXCEPT: callable cumulative redeemable convertible
Answers
None of the above terms are not associated with preferred stock. All of the following terms are related with preferred stock.
Preferred stock is a type of equity security that has features of both a bond and a common share. Its characteristics and terms of issuance differ depending on the company that issues it. It can pay fixed dividends on a regular basis, as well as come with a higher claim to assets than common stock in the event of a company bankruptcy. Therefore, all of the given terms - callable, cumulative, redeemable, and convertible - are associated with preferred stock.
Preferred stock, also known as preference shares, is a type of stock in a company that has a higher claim on the company's assets and earnings than common stock but does not typically carry voting rights.
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Related Questions
PLS HELP 60 POINTS BRAINLIEST FOR CORRECT
Not sure what subject really
Match each definition to the relevant economic indicator.
1. The total market value of all the finished goods and services of a country
2. The total quantity of goods produced in a country divided by its total population
3. The percentage of a population who are looking for a job but cannot find one
4. The rate at which the prices of goods and services increase
a. Unemployment rate
b. Inflation rate
c. Gross domestic product per capita
d. Gross domestic product
Answers
Real GDP - measure of economic output adjusted to inflation or deflation
Nominal GDP - measure of economic output before adjusting for inflation
Gross National Product - right measure of a country's economic output produced all over the world
GDP - Right measure of a country's output, income and expenses
NEXT
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports imports
When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.
Nominal GDP is GDP calculated using current year prices while Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.
Answer: Pairs
measures general price changes occurring
in an economy
consumer price index (CPI)
the total dollar amount of all goods,
services, and structures (buildings)
produced within a country in a year
gross domestic product (GDP)
when one country or organization has
the ability to produce a good or service
at a lower cost than competitors
comparative advantage
an increase in the supply of currency
that results in a decrease in the currency's
value and higher prices
inflation
the result of an alternative option that
is lost because you chose a different plan
opportunity costs
Explanation:
plato
According to the "What is Blockchain?" video case, blockchain-based Bitcoin was seen as increasing the difficulty of doing what?Ability of public authorities to enforce financial regulations
Answers
According to the "What is Blockchain?" video case, blockchain-based Bitcoin was seen as increasing the difficulty of doing Ability of public authorities to enforce financial regulations.
This is because the decentralized nature of the Bitcoin blockchain makes it difficult for governments and financial institutions to monitor and control transactions, as they have limited ability to track the movement of funds and the identities of the parties involved. As a result, Bitcoin and other cryptocurrencies have been associated with illegal goods activities such as money laundering and tax evasion. However, it is worth noting that the blockchain technology underlying Bitcoin has the potential to enable new forms of secure and transparent financial transactions, and many companies and organizations are exploring its use in a variety of applications beyond cryptocurrency.
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the organization that establishes manufacturing standards for copper tubing is
Answers
The organization that establishes manufacturing standards for copper tubing is ASTM International (formerly known as the American Society for Testing and Materials).
The ASTM has developed a set of standards that cover various aspects of the manufacturing, testing, and performance of copper tubing, including dimensional tolerances, chemical composition, mechanical properties, and corrosion resistance.
These standards ensure that copper tubing products are manufactured to consistent quality and performance standards, which helps to promote safety, reliability, and interoperability in various applications, such as plumbing, heating, cooling, and refrigeration.
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the form of the balance sheet in which assets, liabilities, and owner's equity are presented in a downward sequence is called the report form
Answers
The report form is the type of balance sheet where assets, liabilities, and owner's equity are listed in decreasing order is true.
A balance sheet that displays asset, debt, and equity accounts vertically is known as a report form balance sheet. The account format and the report format are the two standard formats used for balance sheets in financial reporting.
The asset accounts are on the left side of the account format, and the liability and equity accounts are on the right. All of the accounts are displayed vertically in the report format. Although the report form is the more common option, both balance sheet formats are acceptable.
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Which of the following is false regarding written contracts? Multiple Choice О The moment of writing allows both parties to reconsider terms and ensure what they desire О All contracts must be in writing in order to be enforced О In general, written contracts aid in the conduct of smooth business contracts O Disputes are easier to settle when contractual terms are solidified in writing. O The idea of requiring a writing comes from an English law.
Answers
The false statement regarding written contracts is: "All contracts must be in writing in order to be enforced."Option (B)
In reality, not all contracts need to be in writing to be legally enforceable. While written contracts provide clarity and serve as valuable evidence of the agreement, oral contracts can also be binding and enforceable in many situations. However, certain types of contracts, such as those involving the sale of real estate or contracts that cannot be performed within one year, typically require written documentation to be enforceable.
The other statements are generally true. The act of writing a contract allows both parties to review and ensure their intentions, written contracts aid in conducting smooth business transactions, and having contractual terms in writing can facilitate easier resolution of disputes. The requirement of a writing in some cases does indeed stem from English law.
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What does making a good decision mean?? How can I make a good decision?
Answers
Answer:
A good decision is one that is made deliberately and thoughtfully, considers and includes all relevant factors, is consistent with the individual’s philosophy and values, and can be explained clearly to significant others.
Ways to make good decision:
Set Aside Time to Reflect on Your MistakesStop Thinking About the ProblemFrame Your Problems In a Different WayIdentify the Risks You TakeTake Note of Your OverconfidenceTalk to Yourself Like a Trusted FriendLabel Your EmotionsAcknowledge Your ShortcutsConsider the OppositeIn june, cellars, inc. Collected $1,000 from a customer in advance. In july, cellars completed the first half of the job. In august, cellars completed the work. If cellars uses the cash basis of accounting, it will record revenues of ______.
Answers
If Cellars, Inc. uses the cash basis of accounting, it will record revenues of $1,000 in June and nothing in July and August for this transaction.
What is the cash basis of accounting?The cash basis of accounting is an accounting method whereby revenues and expenses are recognized when cash is received or paid out.
The cash basis is unlike the accrual basis of accounting. With the accrual basis, revenue is recognized when earned. Expenses are recognized when liabilities are incurred regardless of when cash payment is made.
Data Analysis:Cash Basis:
Cash $1,000 Deferred Revenue $1,000
Accrual Basis:
Cash $1,000 Deferred Revenue $1,000
July: Deferred Revenue $500 Service Revenue $500
August: Deferred Revenue $500 Service Revenue $500
Thus, if Cellars, Inc. uses the cash basis of accounting, it will record revenues of $1,000 in June and nothing in July and August.
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Sam has an investment of $200 that is expected to earn 10%. How much will the investment be worth at the end of the first year if the investment earns simple interest
Answers
Answer:
220
Explanation:
10% of 200 is 20 so 10% plus 200
is 220
Which of the following is not part of the balance of payments
Answers
Option (d), Each is taken into account in the payment balance. The balance of payments is composed of three components: the current account, capital account, and finance account.
What is excluded from the balance of payments?The current account of the balance of payments does not include investments. The current account of payment balance is calculated by averaging the balance of trade, netfactor income, and net transfer payment. Current account for the BOP is either positive, indicating a surplus, or negative, indicating a deficit.
Economic surplus is one of the balance of payments' components, right?The trade of goods and services affects the country's balance of payments. If a country is able to export more goods and services than it can import, it is said to be in a surplus.
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Yair explains to an attorney that he wants some of his assets to be released to his grandson when his grandson turns 18 years old. What should the attorney do next?
A. Write a will
B. Release the assets
C. Create a trust
D. Name an executor
Answers
Answer: create a trust
Explanation:
I took the quiz
The attorney should do next as asked by Yair to create a trust in the name of his grand son.
Option C is correct.
What is a trust?A trust is a lawful act where the owner allowed his/her related party to get the benefits and rights acquired by the owner.
According to the situation, the attorney has to create a trust in the name of Yair. He gives the permit of his assets and properties to his grand son when he attains the age of 18 years old.
Therefore, the correct option is option C.
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FILL THE BLANK.
Mere possession of a billy club is a felony under the dangerous weapons control statutes. Any person who sells a BB gun to a person under ___ years old is guilty of a _____________.
Answers
The possession of a billy club is a felony under dangerous weapons control statutes, while selling a BB gun to a person under a 18 years of age age is considered a criminal offense.
Under dangerous weapons control statutes, the mere possession of a billy club is classified as a felony offense. A billy club is a type of weapon typically consisting of a heavy, often cylindrical object, such as a wooden stick or metal rod, used for self-defense or as a weapon. Possessing a billy club is illegal under these statutes, indicating the severity of the offense.
Additionally, the sale of a BB gun to a person below a certain age is considered a criminal act. A BB gun is an air-powered gun that shoots small metal or plastic pellets, commonly referred to as BBs.
The specific age threshold for the prohibition may vary depending on local laws and regulations. Selling a BB gun to someone below this age limit is regarded as a violation of the law, highlighting the need to regulate the sale and possession of such firearms, particularly in the context of minors.
These regulations aim to ensure public safety and prevent the misuse of potentially dangerous weapons. By criminalizing the possession of billy clubs and regulating the sale of BB guns to minors, the statutes serve as measures to mitigate the risks associated with the possession and use of such items.
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A school wants 2 chaperones for every 25 students on a field trip. There are 100 students going on the field trip. How many chaperones does the school need?
Answers
Answer:
8
Explanation:
100/25=4
4x2=8
all of the factors below affect why a company might customize prices except: group of answer choices a.competition b.consumer tastes c.intensity of use
d. fixed costs
Answers
The factor that does not affect why a company might customize prices is fixed costs. Option d is correct.
Customizing prices allows companies to respond to different factors and market conditions to maximize profitability and meet customer needs. Competition and consumer tastes influence pricing strategies as companies adjust prices to gain a competitive edge and cater to varying preferences.
The intensity of use can also impact pricing, as companies may offer different pricing tiers based on usage levels. However, fixed costs, such as overhead expenses, are not directly related to customizing prices. Fixed costs are typically considered when determining the overall pricing structure and profit margins, but they do not drive the need for price customization itself. Option d is correct.
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Businesspeople are often confronted with ethical decisions. When they distinguish between right and wrong decisions in a business setting it is called ______. Multiple choice question. firm business marketing ethics business ethics conscious domain
Answers
The process of distinguishing between right and wrong decisions in a business setting is called business ethics.
What is business ethics?Business ethics are the moral principles and standards that act as guidelines for the way a business conducts its business transactions with outside world. It is a practice that determines what is right, wrong, and appropriate in the workplace.
Business ethics is important because it help ensure a good reputation for a company. This means that the company would have a good image in the society.
Therefore, the process of distinguishing between right and wrong decisions in a business setting is called business ethics.
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Proponents of the top-down approach contend that _______ are the only persons in the firm with the collective experience, acumen, and fiduciary responsibility to make key strategy decisions.
Answers
Proponents of the top-down approach contend that top-level executives are the only persons in the firm with the collective experience, acumen, and fiduciary responsibility to make key strategy decisions.
The top-down approach to decision-making is a management style where decisions are made by the top-level executives and then implemented downwards through the organization.
Proponents of this approach argue that top-level executives have the necessary knowledge and experience to make key strategy decisions, as well as the fiduciary responsibility to act in the best interests of the organization.
Summary: In summary, proponents of the top-down approach believe that top-level executives are the only ones in the firm with the collective experience, acumen, and fiduciary responsibility to make key strategy decisions.
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Which of the following statements is true?
a. You can only have one account with an account type of Accounts Payable in QBO.
b. You can have multiple accounts payable accounts for use in recording vendor bills
and tracking vendor balances in QBO but they must each have a different name and
they must all have an Accounts Payable account type.
c. You can have multiple accounts payable accounts in QBO but only the default Accounts Payable account created by Intuit can be used when entering bills or bill payments.
d. Vendor balances cannot be tracked in QBO.
Answers
B) You can have multiple accounts payable accounts for use in recording vendor bills and tracking vendor balances in QBO, but they must each have a different name and they must all have an Accounts Payable account type.
In QuickBooks Online (QBO), you have the flexibility to create multiple accounts payable accounts for recording vendor bills and tracking vendor balances. However, each accounts payable account must have a unique name to differentiate them. Additionally, all the accounts payable accounts should have an account type of "Accounts Payable" to accurately categorize them within the accounting system.
This feature allows businesses to manage their payables more effectively, especially in scenarios where they have different accounts for different types of vendors or expenses. It provides better organization and tracking capabilities, helping businesses to monitor their liabilities and vendor balances accurately.
Options A and C are incorrect as they either restrict having only one account payable account or limit the usage of the default accounts payable account created by Intuit. Option d is also incorrect as vendor balances can be tracked in QBO through the accounts payable accounts.
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Calderon Kitchen Supplies is planning to invest 5210.000 in a new product if the present value of the coin inows $266,700, the project profitability index is_____
a. 3.70
b. 787
c. .27
d. 1.27
Answers
Answer: d. 1.27
Explanation:
The project profitability index is calculated by dividing the present value of cash inflows by the initial investment. In this case, the present value of cash inflows is $266,700 and the investment amount is $210,000. Therefore, the project profitability index is 266,700 / 210,000 = 1.27. The project profitability index of 1.27 indicates that for every dollar invested, the project is expected to generate $1.27 in present value of cash inflows. This suggests that the project is expected to be profitable and has the potential to provide a positive return on investment.
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Which herb is used orally for mild diarrhea, heavy menstrual flow, diabetes, and as a mouthwash for mouth and throat inflammation
Answers
The herb commonly used orally for mild diarrhea, heavy menstrual flow, diabetes, and as a mouthwash for mouth and throat inflammation is called Sage (Salvia officinalis).
Sage, also known as Salvia officinalis, is a medicinal herb widely used for its various health benefits. It has been traditionally used to treat mild diarrhea, regulate menstrual flow, and support diabetes management. Sage contains compounds that possess antimicrobial and anti-inflammatory properties, making it effective in addressing mouth and throat inflammation. Its leaves can be brewed into a tea or used as a mouthwash for oral health purposes.
When used for mild diarrhea, sage can help reduce intestinal inflammation and alleviate symptoms. It is believed to have astringent properties that can help reduce heavy menstrual flow by contracting the uterine muscles. Additionally, sage may help regulate blood sugar levels in individuals with diabetes by enhancing insulin sensitivity.
However, it is important to note that herbal remedies should be used with caution, and it is advisable to consult with a healthcare professional before using sage or any other herb for medicinal purposes. They can provide personalized advice, consider individual health conditions and potential interactions with medications, and ensure safe and effective usage.
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market stakeholders include which of these groups? (check all that apply.)
Answers
Market stakeholders include customers, investors, suppliers, employees and communities. Customers are those who buy products or services from a company. They have a vested interest in the company's success because they are the ones who generate the revenue that allows the company to grow and stay in business.
Investors are those who provide capital to the company to finance operations and growth. Suppliers provide the materials and components used to manufacture the company's products. Employees are those who work for the company and are critical to its operation and growth. Communities represent the local area and society in general in which the company operates. Customers provide revenue, investors provide capital, suppliers provide materials, employees provide labor, and communities provide the environment in which a company operates.
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The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
Answers
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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verify describe the distillation process of alcohol
Answers
You have caught a bad cold and have to take time off of work to get well. each week you normally work 8 hours a day for 5 days at $15.00 per hour. if you take a day to get well by not going to work and your pay period is every two weeks, how much less will your next paycheck be given that you miss a day?
a. $100
b. $120
c. $110
d. $130
Answers
$15.00*8= 120 less will your next paycheck be given that you miss a day.
John Woo's 2003 American science fiction action picture Paycheck is a genre favorite. Ben Affleck, Uma Thurman, Aaron Eckhart, Paul Giamatti, Michael C. Hall, Joe Morton, and Colm Feore are among the cast members of the movie. Although the movie received mixed reviews upon its December 25, 2003, release by Paramount Pictures in North America and DreamWorks Pictures abroad, it was a financial success, earning $117.2 million on a $60 million budget. Michael Jennings is a reverse engineer in the near future; he examines the technology of his clients' rivals and recreates it with improvements. To protect himself and his clients' intellectual property, Jennings has memory wipes done to erase any knowledge of his engineering.
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Should businesses & corporations make political statements?
Answers
Answer:
yes for reaching facts evaluation
the term competency has become increasingly important in hr practice because of the changing nature of work. competencies build upon the use of knowledge, skills, and abilities, which we describe with job analysis. a competency refers to an individual's capability to orchestrate and apply combinations of knowledge and skills consistently over time and to perform work successfully in required work situations. traditionally, work has been described by many dimensions including knowledge, skills, and abilities. although this is largely still the case, hr and compensation professionals have embraced the ideas of competencies as the field has increasingly taken on strategic importance. question 3 options: true false
Answers
The term "competency" has gained importance in HR practice due to the changing nature of work.
Competencies go beyond knowledge, skills, and abilities, which are described through job analysis, and refer to an individual's ability to consistently apply combinations of knowledge and skills over time in various work situations. While work has traditionally been described using dimensions like knowledge, skills, and abilities, the field of HR and compensation has increasingly embraced the idea of competencies, as it has become more strategically important.
Competencies are the information, abilities, capacities, and ways of behaving that add to individual and hierarchical execution. Information will be data created or learned through experience, study or examination. Expertise is the aftereffect of over and again applying information or capacity. Capacity is an inborn potential to perform mental and actual activities or undertakings. Conduct is the recognizable response of a person to a specific circumstance. The objective capability level for every skill will differ in view of a singular's situation and the association's requirements
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Discuss the impact of effective college and career planning. After reviewing the career plan for your chosen career pathway, discuss how you might revise your school-related activities and associations in order to follow your plan, such as joining a CTSO. Consider any possible changes in plans you may have to make in the future, such as moving to a new city or state, and discuss how you can plan for unforeseen setbacks, such as failing a class or placement exam. Also discuss any possible backup plans, just in case the career you have chosen might not turn out to be the right choice for you. How might you change your plan if you decide that you want to do something else?
Answers
The effect of effective college and career planning is that it would give a student a clear plan on what he wants to study and the study resources he would need to make it possible.
This college and career planning is key to help the student make better informed decisions about the career he wants and the courses he would study in school.
What is Career Planning?This refers to the situation where a person makes plans that are feasible that would help his career path.
Hence, we can see that The effect of effective college and career planning is that it would give a student a clear plan on what he wants to study and the study resources he would need to make it possible.
This college and career planning is key to help the student make better informed decisions about the career he wants and the courses he would study in school.
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you replace two identical, parallel capillaries with cross section a each and a combined flow resistance r {2c} with one capillary with cross section 2a. the flow resistance for the single, larger capillary r s is
Answers
When two identical, parallel capillaries with cross section "a" and combined flow resistance "r{2c}" are replaced by a single capillary with cross section "2a," the flow resistance for the larger capillary, "r_s," is halved.
The flow resistance of a capillary is inversely proportional to its cross-sectional area. When two identical, parallel capillaries are replaced by a single capillary with double the cross-sectional area, the total resistance decreases.
The resistance of the larger capillary, "r_s," is halved compared to the combined resistance of the two smaller capillaries, "r{2c}."
This is because the increased cross-sectional area allows for a greater flow of fluid and reduces the resistance to flow.
Therefore, the flow resistance for the single, larger capillary is half the combined resistance of the two smaller capillaries.
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A US based company is attempting to merge with a French National conglomerate. With IFRS and GAAP being so different, what would be some of the challenges the two sides may face with the merger from an accounting standpoint?
Answers
The merger between a US-based company and a French National conglomerate can pose several challenges from an accounting standpoint due to the differences between International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). Some of the challenges they may face include:
Accounting Principles: IFRS and GAAP have different underlying principles and concepts. IFRS is principles-based, emphasizing substance over form, while GAAP is rules-based, providing specific guidelines for various transactions. The differences in accounting principles can lead to variations in the recognition, measurement, and presentation of financial information.
Financial Statement Presentation: IFRS and GAAP have different requirements for financial statement presentation. The formats and classifications of items on the balance sheet, income statement, and cash flow statement may vary between the two sets of standards. This can make the comparison and consolidation of financial statements challenging.
Revenue Recognition: IFRS and GAAP have differing guidance on revenue recognition, particularly in areas such as the timing of revenue recognition, multiple-element arrangements, and percentage-of-completion method for long-term contracts. Aligning the revenue recognition policies of the merging entities can be a complex task.
Valuation of Assets and Liabilities: IFRS and GAAP may have different rules for the valuation of assets and liabilities, such as inventory, property, plant, and equipment, intangible assets, and financial instruments. Differences in valuation methodologies can impact the reported values of assets and liabilities, which can have implications for financial ratios, financial performance, and tax implications.
Business Combinations and Goodwill: IFRS and GAAP have different requirements for accounting for business combinations and the subsequent treatment of goodwill. For example, IFRS allows for the option of measuring goodwill at cost or using the impairment model, while GAAP follows a more strict impairment-only model. This can result in differences in the recognition and measurement of goodwill and the related impact on financial statements.
Disclosures: IFRS and GAAP have varying disclosure requirements, with differences in the level of detail and specific disclosures mandated for certain transactions and events. Harmonizing the disclosure requirements can be a complex task to ensure compliance with both sets of standards.
These are just a few examples of the challenges that may arise during the merger process from an accounting standpoint. It is crucial for the merging entities to have a thorough understanding of the differences between IFRS and GAAP and work closely with accounting professionals and advisors to address these challenges effectively and ensure accurate financial reporting and compliance with relevant regulations.
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Cameron brought a set of 7 classic paperbacks to a secondhand store to sell. he was paid cash for the entire set. before he left, cameron used $4 of his earnings to purchase a used book light. he had $6.50 remaining. what was the value of each paperback in the set?
Answers
Answer: The equation used to solve this problem is 7x - 4 = 6.50 and the value of each paperback in the set is $1.5
What is an equation?
An equation is an expression that shows the relationship between two or more numbers and variables.
Let x represent the value of each paperback in the set. Hence:
7x - 4 = 6.50
x = $1.5
The equation used to solve this problem is 7x - 4 = 6.50 and the value of each paperback in the set is $1.5
Which multimedia and interactive elements do you think would best support your viewpoint on the topic you chose for your blog? Write two to four sentences explaining what multimedia and interactivity you will use and why.
Answers
Answer:
I will use images and details from credible websites, which will boost my own credibility and support my claim. I will also use charts and graphs from trusted web resources, such as government and university sites, to make my supporting evidence clear
Explanation:
I took the test
Brainiest???
The Use of videos, audios, and images in the blog will not only make it attractive but also make it credible.
Best Way to Write BlogTo write a credible and attractive blog we need to use multimedia such as videos, images, link of credible websites. We can also use other elements which can autocorrect grammer mistakes, can easily provide best charts and graphs.
The use of these elements can give a better outlook to our blog, and also create a sense of trust and credible information.
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World's Largest Armies Rank Country Active 1 China 2,333,0002 United States 1,492,2003 India 1,325,0004 North Korea 1,190,0005 Russia 845,0006 Pakistan 643,8007 South Korea 630,0008 Iran 523,0009 Turkey 510,600 10 Vietnam 482,000 a. If the average North Korean farmer produces 1,800 pounds of food per year, what is the opportunity cost, in pounds of food, of North Korea's army? b. If a person needs at least 500 pounds of food per year to survive, how many people could have been fed with the forgone food output?
Answers
Answer:
a. 2,142 million pounds of food
b. 4,284,000 people
Explanation:
Opportunity costs are the additional costs or benefits lost resulting from choosing one activity or investment over another alternative.
In this case, a person from North Korea could be working as a farmer instead of being a soldier. Opportunity cost per soldier = 1,800 pounds of food per year. Total opportunity cost of North Korea's army = 1,800 pounds x 1,190,000 soldiers = 2,142 million pounds of food
this is equivalent to feeding 2,142,000,000 / 500 = 4,284,000 people