A credit crunch refers to a decrease in the accessibility of credit and loans in an economy, which may lead to a recession or a contraction in economic growth. The credit crunch may arise from a range of factors, including the unwillingness of banks and financial institutions to lend money, poor economic conditions, and increased regulation.
One of the most prominent historical instances of a credit crunch is the Great Depression of the 1930s. This period was characterized by a significant decrease in economic activity, and a severe contraction in credit availability and lending. As a result, businesses struggled to obtain the necessary funding to maintain their operations, leading to widespread closures and unemployment.
Additionally, the credit crunch contributed to a significant decline in consumer spending, as individuals were unable to access the credit necessary to finance large purchases. The credit crunch had a profound impact on the global economy and is widely regarded as one of the most significant economic crises of the modern era.
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Explain the difference between the common misconception people have about tax brackets and how they actually work
Answer:
Tax brackets misconception is that it defines how much tax will be paid by an individual but this is not true. It only determines the rate of tax which will be applied to the individual for his income.
Explanation:
The tax bracket is determined for an individual based on his salary. After the computation of taxable income tax brackets are selected and rate is applied which ever tax bracket falls correctly. The tax rate applied to the taxable incomes gives the tax amount which is to be paid by an individual.
the factors that affect worker productivity include
Answer:
Equipments, Employee, Working Environment, Lack of Training, Finance, Time, etc
Explanation:
Ozzie has a coupon for 5% off any purchase in his favorite bakery. When Ozzie stops to buy some cookies, he discovers that all cookies are on sale for 15% off the regular price. The cookies are regularly $5. 89 per dozen. If Ozzie uses his coupon and pays 7% sales tax, how much does he pay for two dozen cookies? a. $9. 42 b. $9. 51 c. $10. 08 d. $10. 18.
The Ozzie would have to pay for two dozen cookies is $10.18, if the discount coupon is 5% off.
What is the discount?A discount is a deduction from the usual cost of something, typically given for punctual or advance payment or to a special category of buyers.
Computation of 2 dozen payments of the cookies:
Given,
Discount Coupon = 5%,
Rebate discount = 15%,
Price of cookies = $5.89/- dozen,
Sales tax rate = 7%.
According to the question,
The sale price is 85% of the original price, and
The coupon means he will pay 95% of that. The added tax causes the resulting price to be multiplied by 107%, so
Price of two dozen cookies:
\(\text{Price of two dozen cookies} = \rm{2\times}\text{Price of cookies}\times\text{Sale Price of Original Price}\times\text{Actual Payment percent}\times\text{Added tax percentage}\\\\\text{Price of two dozen cookies} =2\text{(\$5.89)(0.85)(0.95)(1.07)}\\\\\text{Price of two dozen cookies} =\$10.18.\)
Hence, option D is correct.
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Answer:
D
Explanation:
I am confused here. Help me, tomorrow is my exam. Is tailoring a secondary activity or tertiary? Bcoz a tailor also makes suits etc and also fixes them. For example if my coat has a cut, the tailor will repair it.
Answer:
This is soley based on a personal response no bias. ANS- TERTIARY
Tertiary is a skilled built labor job and Seconadary is a not as needed/skill required based work force such as fast food or retail work.
Explanation:
Of third rank, importance, or value chiefly British : of, relating to, or being higher education
Of, relating to, or constituting the third strongest of the three or four degrees of stress recognized by most linguists
Papa's Pizza has the following items for the past year: Net sales are $24,128, net income is $2,223, total assets at the beginning of year are $14,898, and total assets at the end of year are $15,465. What is the profit margin? 9.2%
61.7%
14.6%
14.9%
To calculate the profit margin, we divide the net income by net sales and express the result as a percentage:
Profit margin = (Net income / Net sales) x 100%
In this case, we have:
Net sales = $24,128
Net income = $2,223
Therefore:
Profit margin = ($2,223 / $24,128) x 100% = 9.2%
So the profit margin for Papa's Pizza for the past year is 9.2%.
In the ________ activity of scm, organizations choose suppliers to provide the goods, services, and raw materials the company needs to create their product or service.
In the planning activity of supply chain management, organizations choose suppliers to provide the goods, services, and raw materials the company need to create their product or service. Supply chain planning (SCP) can be defined as the forward-looking process of coordinating assets to optimize the delivery of services, goods and information from supplier to customer, balancing supply and demand.
Supply chain management or also known as SCP can be defined as the management of the flow of goods and services includes all processes that transform raw materials into final products between locations and business. Suppliers can be defined as a company, a person or an organization that sells or supplies something such as equipment or goods to customers.
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Select the examples that best demonstrate likely tasks for Business Financial Management and Accounting workers.
Check all that apply
Horace documents information about a company's spending on a computer
Sun creates a budget to show how money will be used
Noel creates goals and policies for a company and presents them at a meeting
Jermaine researches a company's potential customers and ways to sell to them.
Selina helps employees and management to negotiate and come to agreement.
Aubrey checks documents and reports to make sure they are accurate and complete
Answer:
A.) Horace documents information about a company’s spending on a computer.
B.) Sun creates a budget to show how money will be used.
F.) Aubrey checks documents and reports to make sure they are accurate and complete.
Explanation:
I did the assignment
Answer:
A.) Horace documents information about a company’s spending on a computer.
B.) Sun creates a budget to show how money will be used.
F.) Aubrey checks documents and reports to make sure they are accurate and complete.
Explanation:
took it on edge 2020 and got it right
What is influencing the change in cost of garden hoses worldwide ?
A. german economy
B. U.S economy
C. Internet Availability
D. Hose availability
Answer:
D. Hose availability
Explanation:
How Socially Conscious Are You?
The amount of time I live in one place is an example of Capacity from the 5 Cs?
O True
O False
It is true One of the 5 Cs's capacity examples is how long I stay in one spot.
What is Capacity?Capacity, Lenders examine your business plan's revenue, expenses, cash flow, and payback schedule to assess your ability, or your capability to repay a loan. They also check your credit ratings from agencies like Equifax, Experian, and TransUnion as well as your personal and corporate credit reports.
By evaluating the borrower's debt-to-income (DTI) ratio and comparing income to recurrent debts, capacity calculates the borrower's capacity to repay a loan. DTI is determined by multiplying the borrower's gross monthly income by the sum of all monthly debt payments. The applicant's chances of being approved for a home loan are better the lower their DTI .
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______ is a framework that allows mangers to synthesize insights obtained from internal and external analysis.
SWOT analysis is a framework that allows managers to synthesize insights obtained from internal and external analysis.
SWOT analysis is a tool that is widely utilized in the business industry. It is utilized to identify a company's strengths, weaknesses, opportunities, and threats. The insights obtained from this analysis are utilized to create a plan that may aid a company in achieving its objectives. The insights gained from the SWOT analysis help companies to identify what they are doing well and what they need to improve.
Additionally, it helps them to identify the external factors that can affect the company's performance, such as changing customer needs or increased competition. SWOT analysis is a comprehensive approach that can aid a company in making strategic decisions.
The following are the advantages of utilizing a SWOT analysis tool: It's simple to understand and execute. It highlights the company's strengths and weaknesses. It identifies the company's opportunities and threats. It can be employed to evaluate a firm, product, or service. It can help you create and evaluate future goals for your company.
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Elton, Inc., expects to sell 6.000 ceramic vases for $20 each. Direct materials costs are $2, direct manufa and manufacturing overhead is $3 per vase. The following inventory levels apply to 2021: Direct materials: Beginning inventory 1.000 units. Ending inventory 1.000 units. Finished goods inventory: Beginning inventory 400 units. Ending inventory 500 units. On the 2021 budgeted income statement, what amount will be reported for cost of goods sold? Select one: a. $91.500 b. $105,000 c. $90,000✔ d $88.500 The correct answer is: $90.000
The correct amount reported for cost of goods sold on the 2021 budgeted income statement is $30,500, which is not one of the s provided.
to calculate the cost of goods sold (cogs) for the 2021 budgeted income statement, we need to consider the direct materials, direct manufacturing labor, and manufacturing overhead costs associated with the ceramic vases.
given:- number of ceramic vases expected to be sold: 6,000
- selling price per vase: $20- direct materials cost per vase: $2
- direct manufacturing labor cost per vase: $3
first, let's calculate the total cost of the ceramic vases:total cost per vase = direct materials cost per vase + direct manufacturing labor cost per vase + manufacturing overhead cost per vase
= $2 + $3 = $5
next, we can calculate the cost of goods sold (cogs):
cogs = number of ceramic vases sold * total cost per vase = 6,000 * $5
= $30,000
however, we also need to consider the changes in inventory levels for direct materials and finished goods. the change in inventory affects the calculation of cogs.
change in direct materials inventory = ending inventory - beginning inventory = 1,000 - 1,000
= 0
change in finished goods inventory = ending inventory - beginning inventory = 500 - 400
= 100
adjusted cogs = cogs + change in direct materials inventory + change in finished goods inventory = $30,000 + 0 + 100 * $5
= $30,000 + $500 = $30,500 please double-check the provided answer choices, as the calculated value is different from the s given.
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What is the expected after-tax cash flow from selling a piece of
equipment if XYZ purchases the equipment today for $88,500.00, the
tax rate is 21.00%, the equipment is sold in 2 years for
$20,000.00,
The expected after-tax cash flow from selling the equipment is $32,285.00.
To calculate the expected after-tax cash flow from selling a piece of equipment, we need to consider the tax implications.
Equipment purchase price = $88,500.00
Tax rate = 21%
Equipment selling price = $20,000.00
Time period = 2 years
To calculate the expected after-tax cash flow, we need to determine the taxable gain or loss from the equipment sale. The taxable gain or loss is the difference between the selling price and the adjusted cost basis of the equipment.
Adjusted cost basis = Purchase price - Accumulated depreciation
Since we don't have information about the accumulated depreciation, let's assume that the accumulated depreciation after 2 years is $10,000.00. Therefore, the adjusted cost basis would be:
Adjusted cost basis = $88,500.00 - $10,000.00 = $78,500.00
Next, we calculate the taxable gain or loss:
Taxable gain/loss = Selling price - Adjusted cost basis
Taxable gain/loss = $20,000.00 - $78,500.00 = -$58,500.00
Since the taxable gain is negative, it means there is a loss on the sale. In this case, we won't have any taxable income. However, we can still calculate the after-tax cash flow.
Expected after-tax cash flow = Selling price - Tax on gain/loss
Tax on gain/loss = Tax rate * Taxable gain/loss
Tax on gain/loss = 0.21 * (-$58,500.00) = -$12,285.00
Expected after-tax cash flow = $20,000.00 - (-$12,285.00) = $32,285.00
Therefore, the expected after-tax cash flow from selling the equipment is $32,285.00.
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You are the sales manager for a multinational solar energy company. Recently, your company distributed its ________ that outlines its long-term goals and directions,
The firm's strategic plan is the document that distributed which outlines its long-term goals and directions,
What is a strategic plan?A strategic plan is a formal document that is mainly used to communicate the organizations goals to others.
These document is essential because its let to know the actions that needed to achieve those goals.
In conclusion, the strategic plan is the document that distributed which outlines its long-term goals and directions,
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Give an example of a tariff. Use a primary source to give specifics about the amounts or percentages and your opinion on if it is good or bad for the United States (it may be a tariff on the United States or by the United States).
Answer must be 250 words minimum.
Answer:
Taxation of foreign steel
Explanation:
Generally, for the local producers at the first moment, it is very profitable the very existence of tariffs. They exist all over the world at a higher or lower level. But for the customers and most people, it is not. It may result
In the case of George W. Bush administration (2002) resolution on tariffs ranking up to 30% on steel products.
In the aftermath, this political resolution did not reach the goal due: making the US Steel Industry stronger, due to market behavior and to some specificities of the Steel industry.
Some steel products price has risen while others remained almost at the same level.
Some companies closed some plants in the USA and started producing steel offshore.
Fill in the blank. Many financial advisers suggest that you will need between __________ percent of your preretirement income to live comfortably.
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
which promotional issue is when promotion stimulates demand?
In case whereby, promotion stimulates demand, then it could bring about lower prices for consumers which can be regarded as promotional issue to the brand.
For demand to be stimulated, the customers needs are expected to be understood by the brands, and this is at the center of marketing communications.We can conclude that for promotion to stimulates demand, the result could be lowering of price of goods for the consumer.
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why did God call abraham
Answer: god chose Abraham and said i will make you a great nation and i will bless you.
Explanation: god commanded Abram to move to another country . This is why god planned to make of Abram a new nation from which the prophets of god and the savior of the world would arise.
g 8. what should be the first step in business continuity planning? which nist document is used to inform this process?
The first step in business continuity planning is Risk Assessment and the NIST document is used to inform this is Framework.
Business continuity is a high goal for leading organisations because continuing essential operations during an emergency or disruption may be the difference between a company's success and failure. A rapid recovery period is essential to restarting systems in the event that critical business capabilities fail.
Before a calamity strikes, putting a business continuity plan in place may save a tonne of time and money. Roles and duties must be outlined in the recovery plan, along with the systems that must be restored first and in what sequence.
1) Business continuity (BC) plans are set up for the organization's ultimate reaction.
2) With a business continuity strategy in place, an organisation may continue operating in another location in the event of an attack.
3) This strategy should be implemented up until the principal site is reassigned to carrying out company operations.
4) It is particularly made to carry out the essential duties of the company. The organization's financial and information loss is decreased by this approach.
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Select all the following choices that are true statements about the target rate of unemployment.
-It is currently estimated between 4% and 5% for the U.S. economy.
-It is the Fed's desired rate of unemployment.
It is currently estimated between 4% and 5% for the U.S. economy and it is the Fed's desired rate of unemployment the following choices are true statements about the target rate of unemployment.
The OECD defines unemployment as persons above a certain age who are currently eligible for work but are not either employed or self-employed during the reference period. The number of jobless persons as a proportion of the labor force is used to calculate the unemployment rate, which is used to calculate the level of unemployment.
A nation can have an impact on the economy, for instance, through its fiscal policies. Furthermore, a nation's central bank or other monetary authority can affect the cost and availability of money by enacting monetary policy.
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What should investors consider when planning for their retirement? Check all that apply. -the amount an employer will match for a 401(k) -the contributions an employer will make to an IRA -the ideal age to establish a particular retirement plan -the amount an investor is allowed to contribute annually -the tax laws and breaks related to different retirement plans -the amount that can be withdrawn early without getting taxed
In a 401k the employer usually matches a percentage and if you are lucky dollar for dollar, where in an IRA it is does an an extra option with a set amount of money usually 2500 or more for each IRA contribution.
Correct option is A, C, D and E.
1. The amount an employer will match for a 401(k):- you don't have to forget when you will need the money, retirement is years away, but you have to know what choices will make it worth by the time you need the money back. And it is also important to know really how much you can invest. When you have a large amount more options are available. But using a variety of investments will reduce the risk.
3. The ideal age to establish a particular retirement plan:- that will set you up for the plan you need. Below 50 or older.
4. The amount an investor is allowed to contribute annually, the federal law allows a maximum contribution for participants older than 50.
5. The tax laws and breaks related to different retirement plans:- retirement plans can often give you tax benefits in the present it depends to the one you choose. For example, the payment of the tax on the money deposited in a traditional 401 (k) plan can be delayed until the money is withdrawn from the account.
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Answer:
A,C,D,E
Explanation:
I did it and this was correct.
who is called living lion of nepal and why and when he got this title
Explanation:
Bada kaji amar singh thapa is called the living lion of nepal.
deu to his fighting prowess,greater leader ship and patriotism.
3. Imagine you are Sophia. What do you do now to maintain the highest possible motivation among the greatest number of employees? Explain your reasoning.
The answer is through Equity theory of motivation is the way to maintain the highest possible motivation among the greatest number of employees.
Equity theory is a theory of motivation that suggests that employee motivation at work is driven largely by their sense of fairness.
Employees create a mental ledger of the inputs and outcomes of their job and then use this ledger to compare the ratio of their inputs and outputs to others.
What is the most accurate definition of an employee?An employee is someone who receives compensation for doing labor for another person or business. Employees need only be paid by an employer for their job in order to be regarded as such; they are not need to work full-time.
What exactly do the terms "employer" and "employee" mean?An employer is a person, business, or other entity that pays workers for their labor. Employees are those who are compensated for their labor.
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Why use a credit union rather than a bank?
Credit unions should be used rather than a bank because credit unions return its profits to their members in the form of cheaper fees, higher savings rates, and lower interest rates on loans.
According to the Credit Union National Association, 130 million Americans are members of credit unions, which are not-for-profit organizations that are owned by their members.
Banks are required to turn a profit for their shareholders, while credit unions are not required to do the same for their members. Instead, they want to charge as little as possible, have the highest possible savings rates, and the lowest possible lending interest rates.
Credit unions are required to keep their membership to a certain "field of membership." This can refer to a place of employment, a school or house of worship, a region, or membership in an association.
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A firm offloads some of its production costs to 3rd parties. This would contribute to market failure because
The activity of the firm contributes to market failure because it leads to negative externlity.
What is negative externlity?
Negative externality occurs when the costs of economic activities is greater than the benefits to third parties not involved in production is greater than the benefits. An example of an activity that generates negative externality is pollution.
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oren, a recent graduate of a community college, is about to make his first investment. a cautious way for oren to start investing and earn a good rate of return would be to
A cautious way for Oren to start investing and earn a good rate of return would be to consider the following steps:
1. Financial Goals: Oren should determine his financial goals, whether it's saving for a down payment, retirement, or other objectives. Having clear goals will help guide his investment decisions.
2. Establish an Emergency Fund: Before investing, Oren should ensure he has an emergency fund in place to cover unexpected expenses. This fund should typically cover 3-6 months of living expenses.
3. Educate Yourself: Oren should take the time to educate himself about different investment s, risk levels, and investment strategies. This will help him make informed decisions and understand the potential risks and rewards.
4. Start with Low-Risk Investments: As a cautious approach, Oren can begin with low-risk investments such as:
a. Savings Account: Putting some of his savings into a high-yield savings account can provide a safe and steady return, although the rates may be lower.
b. Certificate of Deposit (CD): Investing in CDs can provide a fixed return over a specific period with minimal risk.
c. Bond Funds: Consider investing in bond funds, which offer more stability than stocks. Government or corporate bond funds can provide regular income and relatively lower risk.
5. Diversify Investments: Oren should diversify his investments across different asset classes, such as stocks, bonds, and real estate investment trusts (REITs). This helps spread the risk and potentially enhance returns.
6. Seek Professional Advice: Consulting with a financial advisor or investment professional can provide valuable guidance tailored to Oren's specific financial situation and goals.
7. Monitor and Review: Oren should regularly monitor his investments and review his portfolio to ensure it aligns with his goals and risk tolerance. Rebalancing the portfolio periodically can help maintain the desired asset allocation.
Remember, investing always carries some degree of risk, and there are no guarantees of returns. Oren should assess his risk tolerance and investment goals before making any investment decisions and consider seeking professional advice to make well-informed choices.
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Financial information is important to entrepreneurs because it pulls together all the information presented in other segments of the business and: a. it quantifies all the assumptions concerning business operations. b. it answers all questions about the business and the entrepreneur. c. it justifies long term commitment to the business. d. it predicts the competitive environment in which the business operates
Answer:
c
Explanation:
Which of the following statements best characterizes the bottom line of security for e-commerce?
A) Good security is expensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.
B) Good security is inexpensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.
C) Good security is expensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure.
D) Good security is inexpensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure.
Answer:
Good security is expensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure. C
Explanation:
What are 3 things you can do to keep your banking information safe?
The 3 things that can be done to keep banking information safe are using passwords, monitoring account activity, and not sharing your bank details.
Keeping your banking information safe is a top priority. Here are three key steps you can take to stay secure:
1. Use a complex and unique password for your financial accounts. Be sure to avoid using easily guessable words or phrases.
2. Monitor your accounts regularly for any suspicious activity and report any unauthorized activity to your bank immediately.
3. Don’t share your banking details or login information with anyone. Be sure to keep your bank cards and PINs in a secure and safe place.
By taking these simple steps, you can help ensure that your banking information and accounts remain safe and secure.
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