Landry's capital balance after Neumark's admittance will be $188,032.
To calculate Landry's capital balance after Neumark's admittance, we need to consider the new ratio of the partnership and calculate the increase in Landry's capital.
Before Neumark's admittance, Charles and Landry shared income and losses in the ratio of 3:2, respectively. This means that Charles had 3 parts of the capital and Landry had 2 parts.
On August 31, Charles had a capital balance of $137,000 and Landry had a capital balance of $117,000.
When Neumark is admitted as a partner with a one-third capital interest, it means that Neumark will have 1 part of the capital.
Now, let's calculate the new ratio of the partnership. Charles will still have 3 parts, Landry will still have 2 parts, and Neumark will have 1 part.
To find Landry's new capital balance, we need to determine the increase in his capital.
The increase in Landry's capital will be based on the proportion of his previous capital to the total capital before Neumark's admittance.
The total capital before Neumark's admittance is the sum of Charles and Landry's capital balances, which is $137,000 + $117,000 = $254,000.
Landry's proportion of the total capital is calculated by dividing his previous capital by the total capital before Neumark's admittance: $117,000 / $254,000 = 0.4606 (approximately).
To find the increase in Landry's capital, we multiply Neumark's investment by Landry's proportion of the total capital: $154,000 * 0.4606 = $71,032.
Finally, we add the increase in Landry's capital to his previous capital balance to get his new capital balance: $117,000 + $71,032 = $188,032.
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the percentage change in the demand for one good divided by the percentage change in the price of a related good is the
The percentage change in the demand for one good divided by the percentage change in the price of a related good is the "cross-price elasticity of demand."
The cross-price elasticity of demand measures the responsiveness of the demand for one good to changes in the price of another related good. It indicates whether the two goods are substitutes or complements.
If the cross-price elasticity of demand is positive, then the two goods are substitutes. This means that as the price of one good increases, the demand for the other good will increase. For example, if the price of Coca-Cola increases, consumers may switch to Pepsi instead, leading to an increase in the demand for Pepsi
If the cross-price elasticity of demand is negative, then the two goods are complements. This means that as the price of one good increases, the demand for the other good will decrease. For example, if the price of automobiles increases, the demand for gasoline may decrease, as people may reduce their driving.
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the company pays its telephone bill for the month. what affect would this have on an expense account?
The effect company would have on expense account would be: Expenses increase with a debit to "telephone expense."
A debit is an accounting entry that changes the balance sheet of a business by increasing assets or decreasing liabilities. In fundamental accounting, credits, which work in the exact opposite direction, counterbalance debits.
Depending on the loan's terms, a company might, for instance, simultaneously debit fixed assets and credit a liabilities account if it takes out a loan to buy equipment. All double-entry accounting systems have a feature known as a debit. Credits are the contrary of debits. Money is taken out of an account by making a debit, and money is put in by making a credit.
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Percy’s GPA is 2. 75, so he should list it on his résumé. Please select the best answer from the choices provided T F.
The given statement that GPA of Percy is 2.75, so he should list it on his resume, is the false statement.
What is GPA?
The full name of GPA is the Grade Average Point. A GPA is the sum of all of the individual grade points earned throughout the degree program.
Graduate students are often obliged to have a certain GPA.
At the time of filling out a resume, there are several basic and necessary questions that a person should consider in order to meet the criteria that the client is searching for.
In terms of GPA, Percy's is comparable. It is not appropriate to include it on a resume unless specifically requested or required. Most of the time it isn't required, thus the given statement is false.
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Answer: False
Explanation:2.75 gpa is bad
England and France produce cheese and bread. England has a competitive advantage in cheese production.
France has a competitive advantage in bread production. If England places a trade embargo on France, what is
likely to happen with cheese and bread production in each country?
O England will produce more bread and France will produce more cheese.
O England will produce more cheese and France will produce more bread.
O England will produce more cheese and France will produce less bread.
O England will produce less bread and France will produce less cheese.
If an embargo is placed by England on France, England will produce more bread and France will produce more cheese.
What is a comparative advantage?
A country has comparative advantage in production of a good if it produces at a lower opportunity cost when compared with other countries. Opportunity cost is the cost of the next best option forgone when one option is chosen over other options.
A country that has a comparative advantage in the production of a good should produce that good and import the goods for which it does not have a comparative advantage in its production.
If an embargo is placed, countries would not be able to trade so they would have to increase the production of goods they would have otherwise imported.
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Assume the United States has a trade surplus with Brazil and imposes new tariffs on Brazilian coffee, a major export to the United States. (a) Describe the effect of the tariff on the equilibrium price and quantity of coffee in the United States (b) What affect will the tariff have on the current account balance in the United States? Explain. (c) Brazil responds by imposing their own tariff on U.S.-made agricultural machinery a The Brazilian purchase of U.S. agricultural machinery is a debit to which subaccount of the Brazilian balance of payments? b. What will happen to the quantity of agricultural machinery produced by Brazilian manufacturers
The tariffs make the imported U.S. machinery more expensive, creating a comparative advantage for domestic Brazilian manufacturers.
(a) The imposition of tariffs on Brazilian coffee by the United States will likely lead to an increase in the equilibrium price of coffee in the United States.
This is because tariffs act as a tax on imported goods, making them more expensive for consumers. As a result, the demand for Brazilian coffee in the United States may decrease, leading to a decrease in the quantity of coffee consumed.
(b) A trade surplus indicates that a country is exporting more than it is importing. By imposing tariffs on Brazilian coffee, the United States is effectively reducing its imports from Brazil.
This can potentially decrease the trade surplus or even lead to a trade deficit if the reduction in imports is significant enough.
(c) The Brazilian purchase of U.S. agricultural machinery is a debit to the capital account of the Brazilian balance of payments.
(d) With the imposition of tariffs on U.S.-made agricultural machinery, it is likely that the quantity of agricultural machinery produced by Brazilian manufacturers will increase.
This is because the tariffs make the imported U.S. machinery more expensive, creating a comparative advantage for domestic Brazilian manufacturers.
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How do you make decisions?
Answer:
Explanation: Making decisions can be challenging, but there are some steps you can take to make the process easier and more effective:
Identify the decision to be made: Start by clearly defining the problem or situation you're facing.
Gather information: Collect all the relevant information you need to make a decision. This can involve researching, seeking advice from others, or gathering data.
The Marshall plan was an example of
Internal financing
Foreign direct investment
Foreign portfolio investment
Foreign aid
Answer
Foreign Aid
Explanation
gradpoint
what is the book of first entry
Answer:
Journals
Explanation:
“books original entry refers to the accounting journals in which business transcriptions are initially recorded the information in these books are summarized and posted into a general ledger from which financial statements are produced"
The consumer buying process deals with how human beings __________ ?
Select one:
a. Buy products
b. Feel about a purchase after buying something.
c. Make decisions
d. Solve problems
e. The consumer buying process deals with all of these.
The correct statement is e. The consumer buying process deals with how human beings, the consumer buying process deals with all of these.
How does the consumer buying process work?The consumer buying process deals with all of the options mentioned in the question. It involves the steps that consumers go through when making a purchase, from recognizing a need or problem to the post-purchase evaluation.
The process of buying products involves several stages, including problem recognition, information search, evaluation of alternatives, purchase decision, and post-purchase evaluation. The consumer's feelings about a purchase after buying something, which is known as post-purchase evaluation, is an important part of the buying process. It helps the consumer evaluate their decision and determine if they are satisfied with the purchase.
In addition to the emotional aspect, the consumer buying process also involves making decisions and solving problems. The decision-making process is complex and is influenced by various factors such as personal, psychological, and social factors. Consumers may also face problems during the buying process, such as choosing from among various alternatives or overcoming barriers to purchase.
Understanding this process is important for marketers and businesses as it helps them to design effective marketing strategies that can influence consumer behavior and increase sales. Therefore, the correct statement is e. The consumer buying process deals with how human beings, the consumer buying process deals with all of these.
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1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels
Answer:monopoly
Explanation:
Which of the following factors is likely to be most important when choosing a location for a supermarket?
A) Proximity to suppliers
B) Low-cost land
C) Exchange rate
D) Energy costs
anybody can help with this too ??
Answer:
1. The three types of business mentioned are – Manufacturing, Retail store and School
2. She means that whenever there is loss both Ashley’s father and aunt get tensed.
3. They sell their product on sale to increase the revenue
4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment
Explanation:
1. The three types of business mentioned are – Manufacturing, Retail store and School
2. She means that whenever there is loss both Ashley’s father and aunt get tensed.
3. They sell their product on sale to increase the revenue
4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment
A shop buys pairs of trainers for £24 each.
They sell them to make an 100% profit on each pair.
What is the selling price of the trainers?
Answer:
48
Explanation:
Well 100% if 24 is 24
So they must sell them for double the amount to make 100% profit
24+ 24= 48
how much do you need to make to afford a 500k house
Remember that an income of $113,000 a year is the minimum salary required to get a $500,000 mortgage. If you're financially unwell here, be sure to check out the condos for sale below this price range so you don't get overwhelmed.
What is a mortgage?
A mortgage is a written agreement that gives the lender the right to take over your home if you fail to repay the money you borrowed on the agreed terms. Mortgage payments are paid over a set number of years based on the size of the loan and the approved interest rate.
What’s on mortgage?
A mortgage is a type of loan used to buy or maintain a house, land, or other type of property. The borrower agrees to pay the lender over time, usually in a series of periodic payments split into principal and interest. The real estate acts as collateral to secure the loan.
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Question 3: Answer the following questions
3.1)
Calculate 250% of 100.
(2)
3.2)
Calculate 100% of 250
(2)
2
3)
What do you notice about your answers to question 3.1) and 3.2)? Explain your answer.
Answer:
\( \frac{250}{100} \times 100 \\ = 250 \\ \\ \frac{100}{100} \times 250 = 250 \\ the \: answers \: are \: identical\)
Contribution margin is:
A) Revenues divided by fixed costs
B) Revenues minus variable cost
C) Revenues plus variable cost
D) Net Sales
E) None of these
The correct answer for the definition of contribution margin is B) Revenues minus variable costs.
Contribution margin is the amount of revenue that remains after deducting the variable costs associated with the production or sale of a product. It is a useful tool for determining the profitability of individual products or services, as it helps to assess the amount of revenue that contributes towards covering the fixed costs of a business.
By calculating the contribution margin, a business can determine the level of sales volume required to break even or generate a profit. This information is important for making strategic decisions regarding pricing, cost management, and product mix.
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Choose a picture of a family member, a friend, or a person that you admire in business, political, sports entertainment and other industries that motivate you to achieve your dream
Mohammed Ali was a professional boxer, philanthropist, and social crusader whose passion, perseverance, and desire to be the greatest in his area motivates me.
He exemplifies self-actualization, the highest level of Maslow's Hierarchy of Needs, because he not only attained professional achievement but also used his position to promote social change and better the lives of others.
His uncompromising devotion to his ideas and tireless pursuit of greatness served as a continual reminder to never settle for mediocrity and to strive for perfection in all aspects of my life.
What is Abraham Maslow's Hierarchy of Needs Theory?Abraham Maslow's Hierarchy of Needs Theory is a psychological theory that discusses how humans have a certain set of needs that must be addressed in order to achieve the ultimate goal of self-actualization.
Maslow's thesis is based on the idea that we are driven by our basic human needs. Furthermore, if some of our most basic requirements are not addressed, we may be unable to advance and meet our other needs. This may explain why we feel "stuck" or uninspired.
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Full question:
Choose a picture of a family member, a friend, or a person that you admire in business, politics, sports entertainment and other industries that motivate you to achieve your dream. Be creative wrth your answer. You can send your answer online or you can paste a picture inside.
Describe that person and based on Maslow's Hierarchy of Needs Theory explain how he/she motivates you and your desire to fulfil your dreams needs. Write your answer below.
Your task is to write a paper from one to two pages (double spaced) that analyzes one of the following business ethical issues. You choose which issue to write about; in this assignment, reflect deeply on a topic that matters to you. Each scenario represents a conflict in an organizational setting. In addition to applying ethical reasoning to your position, you must demonstrate how as a leader you would preserve the professional relationships in question and resolve the conflict. You may draw upon personal experience, current events, and research to support your views.
Option A:
At a local restaurant, a prominent politician has arrived and has been seated for dinner. Several of the serving staff are upset because they disagree with the politician’s political views. Some are requesting the manager on duty to speak to the politician and ask him/or her to leave. Explain what the manager should do in this situation and how they could resolve the conflict between the servers and the politician in the most ethical manner.
This needs to include how to save the professional relationship and include which ethical theory applies.
The ethical issue under consideration is the conflict that arises between the serving staff of a local restaurant and a prominent politician who has come to dine, with regard to the politician's political views.
The duty manager must handle this situation carefully to preserve professional relationships and resolve the conflict ethically. The most appropriate ethical theory for this scenario is utilitarianism.The duty manager must first hear the concerns of the serving staff, and then approach the politician with a polite request to tone down the discussion, without resorting to asking the politician to leave. The manager should also remind the serving staff of the restaurant's policy of serving all customers without discrimination, regardless of their political views. The manager must balance the interests of the serving staff and the politician, while also ensuring the overall satisfaction of all other customers.The conflict could be resolved by getting the servers and the politician to see the issue from each other's point of view and attempt to find common ground.
Similarly, the politician could be requested to refrain from discussing political issues or opinions that could be divisive or controversial. This would help to maintain the professional relationships of the serving staff with the restaurant management and other customers and resolve the conflict in an ethical and satisfactory manner.
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What promotional mix methods will you use to promote your product/service?(For example, how will you use the following methods:
Advertisements
Personal selling
Direct marketing
Public relations
Sales promotion
1 paragraph for each of them
Answer: When you promote your business, you're engaging in persuasive communication: You want to convince others to buy from you. You must select the right promotional strategy to:
Capture the attention of the right group of potential customers in a credible yet catchy way.
Educate them about your products or services.
Influence them to buy from you.
Advertisements: Advertising is any paid form of media communication. This includes print ads in magazines, trade journals and newspapers, radio and TV announcements, Web-based visibility-building, and billboards. Advertising is a nonpersonal promotional activity because the seller has no direct contact with the potential customer during the communication process.
Personal selling: Face-to-face communication between buyer and seller.
Direct marketing: A form of advertising aimed directly at target customers (usually in their homes or offices) that asks the receiver to take action, such as ordering a product, clipping a coupon, phoning a toll-free number or visiting a store. Catalogs, coupon mailers and letters are common forms of direct marketing.
Public relations: These activities promote a positive image, generate publicity and foster goodwill with the intent of increasing sales. Generating favorable media coverage, hosting special events and sponsoring charitable campaigns are examples of public relations.
Sales promotion: In-store demonstrations, displays, contests and price incentives (50% off, buy-one-get-one-free) are sales promotion techniques.
The concept of leadership prototypes is an important component of
A. competency theory.
B. implicit leadership theory.
C. Fiedler's contingency perspective.
D. transformational perspective.
E. path-goal theory of leadership.
The concept of leadership prototypes is an important component of implicit leadership theory. The correct answer is option b.
Implicit leadership theory focuses on the underlying beliefs and assumptions people hold about leadership and leaders. It suggests that individuals have cognitive prototypes or mental representations of what they perceive as effective leadership traits, behaviors, and qualities. These prototypes influence how individuals evaluate and perceive leaders.
Leadership prototypes play a significant role in implicit leadership theory as they shape people's expectations and judgments about leaders. These prototypes can include characteristics such as intelligence, charisma, decisiveness, and integrity, among others.
They act as a framework for evaluating leadership effectiveness and can influence the selection, evaluation, and development of leaders in organizations.
Therefore, the concept of leadership prototypes is closely associated with implicit leadership theory, as it explores the cognitive structures that influence how individuals perceive and evaluate leaders.
The correct answer is option b.
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If an error is found when posting to the ledger, how would it be corrected?
Most time, when an error is found when posting to the ledger, it would be corrected by reversing the incorrect entry and use a second journal entry to record the transaction correctly,
What is a ledger error?In a ledger, the error can be called a wrong posting may be in the forms of posting a wrong amount to a ledger account or posting to the wrong side of an account or double posting.
All these type of errors affect mostly only one side of ledger accounts and they are mostly revealed by the trial balance through disagreement of debit and credit totals.
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An IAR has opened an account for a new customer. The customer is "on the road" for 3-4 weeks per month and has given the IAR verbal authorization to trade her account on a discretionary basis. The IAR sends the customer a written power of attorney for signature and return. 1 week after opening the account, the IAR hears of a good investment opportunity and buys 500 shares of the XYZ stock at $50 for the customer's account. 3 weeks later, the stock declines and the IAR sells the stock at $30 per share. The customer never returned the signed power of attorney. Liability for the loss rests with the:
Answer:
The investment advisory firm which employs the investment adviser representative (IAR).
Explanation:
FINRA's rules specifically state that before any transaction, the IAR must have a signed power of attorney. The IAR cannot start trading or operating with the client's money until he/she has received a signed written power of attorney from the client. Only after the signed power of attorney has been given tot eh IAR, can he/she act on discretionary basis.
If the IAR is not a registered broker-dealer, then NASAA rules state that oral agreements are valid for up to 10 business days, but the IAR must have a written authorization after that time expires. I.e. the IAR could buy the stocks, but he/she was not authorized to sell them. So any loss is responsibility of the firm that employs the IAR.
Jackson is working late at night on a project that is due the next day. he is not sure how to print his word document, and it is too late to call or text his teacher. what what is the best option for Jackson?
Decided not to print the document
Provide negative feedback to office online
Type a question in the "tell me what to do" box
View accessibility options
Answer:
Type a question in the “Tell me what you want to do” box.
Explanation:
Did the test myself and got it right.
Answer:
click the tell me what to do box
Explanation:
Analyse how a Production Possibility Curve ( PPC ) illustrates scarcity, opportunity cost & efficiency.
The production possibilities curve (PPC) exists as a graph that demonstrates all of the various combinations of output that can be produced given existing resources and technology.
What is Production Possibility Curve ( PPC )?The production possibilities curve (PPC) exists as a graph that demonstrates all of the various combinations of output that can be produced given existing resources and technology. Sometimes named the production possibilities frontier (PPF), the PPC illustrates scarcity and tradeoffs.
PPF stands for the production possibility frontier and it exists illustrated by supporting the production of one good at the x-axis and another good at the y-axis. It thereby demonstrates all the possible varieties that can be produced with limited resources.
Scarcity: The resources that require to be utilized because they serve as input are limited or scarce and these same scarce resources exist used by an economy to produce the goods. Therefore, the Production possibility curve exists drawn and it illustrates the scarcity of resources known to an economy.
Choice: An economy has a preference to produce among different combinations of goods that lie on the production possibility curve. Therefore, the curve displays the choice as well.
Opportunity cost: Suppose the economy exists producing a bundle of goods 1 and 2 and the bundle stands (x,y). Now, if it desires to increase the consumption of good 1 by 1 unit, it has to decrease the consumption of good 2. Therefore the opportunity cost of producing a unit of good 1 exists in the sacrifice that has been created for good 2.
Productive efficiency: An economy utilizes all its scarce resources to produce two goods but whether it is utilizing those resources efficiently exists the point of concern. If it uses them efficiently, it creates the production possibility curve otherwise at a point that lies somewhere inside the PP curve.
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_____ allows industries, organizations, and companies to approach business decisions from different perspectives. Arbitration Ergonomics Tolerance Workforce diversity
Answer:
Workforce diversity
Explanation:
Workforce diversity refers to similarities and differences between employers and employees in terms of their race, religion, gender, perspectives and opinions.
Diversity is important for every industry, organization, and company since people have different perspective and views, they approach business problems differently, leading to different solutions. Diversity leads to increase profits, creativity, wide range of skills e.t.c.
If a violation of the new jersey insurance code were to occur, a cease and desist order and/or penalty may be issued. who may issue a cease and desist order?
However, a cease and desist order and/ or penalty may be issued, If a violation of the New Jersey Insurance law were to do. The Commissioner may issue a check and desist order.
The Commissioner may issue an order to inspect and ban any person who violates any provision of this Act, any policy or order of the Manager, or any written agreement or order made concurrently with the Manager.
When the manager finds that an exertion in violation of this act presents an immediate peril to the public that requires an immediate final order, the manager may issue an exigency check and desist order reciting with particularity the data underpinning the findings.
Insurance is a means of protection from fiscal loss in which, in exchange for a figure, a party agrees to compensate another party in the event of a certain cases. The offender is liable in a civil action brought by the Agent in a court of competent jurisdiction, up to a maximum fine of $5,000 for the first offense.
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The role of the Federal Reserve Board of Governors is to:
A. loan money to multinational corporations.
B. set discount rates and reserve requirements.
O c. enforce monetary policy on Federal Reserve banks.
O D. establish new Federal Reserve districts.
The role of the Federal Reserve Board of Governors is to enforce monetary policy on Federal Reserve banks. Hence, Option C is correct.
What is monetary policy?In macroeconomics, there is a policy whose duty is to make sure that policies that are made by the Board of Governors have been applied to all the central banks. This policy is known as monetary policy, which manages the flow or supply of money to all the banks.
This policy also manages the interest rate. Just like other policies, monetary policy also has some tools, With the help of these tools, it is easy to manage the policy. Tools are named as operations for the open market, requirements of the reserve, and lastly rate of discount.
Therefore, Option C is correct.
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3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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any five differences between partnership
and Joint Stock company
here's your answer..
which of the following statements is correct about an agent who is taking an insurance application?
The agent taking an insurance application is responsible for collecting accurate and complete information from the applicant in order to properly assess the risk and determine the appropriate coverage.
The agent must ensure that all questions on the application are answered truthfully and to the best of the applicant's knowledge. They must also explain the terms and conditions of the policy to the applicant, including any exclusions or limitations. It is important for the agent to establish a relationship of trust with the applicant and provide them with personalized advice and recommendations based on their specific needs and circumstances. The agent should also inform the applicant of their rights and responsibilities under the policy, including the duty to disclose any changes in their circumstances that may affect the coverage. Overall, the agent plays a critical role in the insurance application process and must act in the best interests of both the applicant and the insurer.
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