Impact of COVID 19 on the Australian economy (RBA)
The outlook for the Australian and global economies is being driven by the COVID-19 pandemic. The necessary social distancing restrictions and other containment measures that have been in place to control the virus have resulted in a significant contraction in economic activity, but economic conditions will improve as the pandemic is brought under control and containment measures are relaxed.
Global GDP is expected to fall sharply in the first half of 2020. The declines in the March quarter were driven by a contraction in Chinese and euro area activity as well as the rollout of containment measures elsewhere late in the quarter. A further fall in global GDP is expected in the June quarter, with many countries expected to record quarterly declines in GDP.
The Australian economy is expected to record a contraction in GDP of around 10 per cent over the first half of 2020; total hours worked are expected to decline by around 20 per cent and the unemployment rate is forecast to rise to around 10 per cent in the June quarter. Inflation is expected to be negative in the June quarter largely as a result of lower fuel prices and free child care. (Source RBA)
ABS data show that employed people were 13013000 in March 2020, and 12418700 in April 2020 respectively; unemployed people were 718800 in March 2020 and 823300 in April 2020. The participation rate was 66.0% in March 2020 and 63.5% in April 2020.
Fiscal Policy Responses
Over the past month, the Federal Government has announced an unprecedented fiscal injection of $194 billion (almost 10 per cent of GDP) consisting of $39 billion directly to business, $25 billion to households and the $130 billion Job-Keeper payment to support business and households through the COVID-19 shutdown.
Monetary Policy responses
The Reserve Bank of Australia has reduced the cash rate to 0.25%
Possible Outcome
A plausible baseline scenario is that the various restrictions are progressively relaxed in coming months and are mostly removed by the end of September, except for some restrictions such as international travel. If this occurs, and the spread of the virus in Australia remains limited, GDP growth is likely to turn around in the September quarter and the recovery would strengthen from there.
According the facts detailed in the case study, explain the impact of COVID-19 on the Australian economy. Use ADAS model to assist your explanation.

The activity of a pharmaceutical company buying marketing rights to sell a drug exclusively in East Asian markets is an a. Operating Activity.

Operational activities provide a detailed account of the outflow and inflow of cash from the liabilities and current assets accounts in the statement of cash flow of a business entity. As a result, a corporation records all of its operating activities as having generated net income or cash from all of its ongoing business operations. So, they are the regular firm operations required to bring in money and make a profit.

The production and sale of commodities, the acquisition of raw materials, and the promotion of commodities are a few examples of operating operations. In the given case, the pharmaceutical enterprise is selling its product in a particular market as one of its primary commercial activities. The acquisition of marketing rights would be shown as an operating activity in the enterprise's financial statements as it is a normal component of the sales and marketing function.

Complete Question:

A pharmaceutical company buys marketing rights to sell a drug exclusively in east asian markets. This activity is a -

O Operating Activity

O Investing Activity

O Financing Activity

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If tala has become dissatisfied with her employee, leon. leon continually refuses to follow directions, calls in late to work, and generally is not performing up to tala’s standards. before tala can fire leon, she must obtain approval from: A. no one.

A  sole proprietorship can be defined as a type of business that is own by one person in which the person is the main decision maker of the company and he/she is responsible for any profit and loss incurred from the business.

Based on the scenario tala is the a  sole proprietorship which implies that tala is the only owner of the business, this means that she is the only person that have says over the business and she can fire and hire anybody. Hence she does not need to obtain approval before firing her employee  from anybody because she is the sole owner of the business.

Therefore the correct option is A.

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The complete question is:

Tala operates Sunshine Event Planning as a sole proprietorship. Lately, Tala has become dissatisfied with her employee, Leon. Leon continually refuses to follow directions, calls in late to work, and generally is not performing up to Tala’s standards. Before Tala can fire Leon, she must obtain approval from:

a. no one.

b. the partners of Sunshine Event Planning

c. the Board of Directors of Sunshine Event Planning.

d. the shareholders of Sunshine Event Planning.

The given statement"The participation of women in the u.s. labor force has risen dramatically since 1970."is true .

The increased participation of women in the US labor force likely contributed to the growth of the country's Gross Domestic Product (GDP).

When more individuals, including women, participate in the workforce, they bring in additional skills, talent, and experience, which can drive economic growth and increase overall productivity. Moreover, the increase in women's participation has also expanded consumer spending power, creating additional demand for goods and services, further boosting economic activity.

Hence , the statement is true.

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Answer:

More bankruptcies

Explanation:

Financial crises are caused by number of reasons such as stock market crash, liquidity shortage, over-valued assets which make investors sell off their investments hence causes panic withdrawals for customers due to rumored banking collapse etc.

When financial crises occur, the profit due to firms will be eroded because the revenue expected by them is not coming forth. Moreso, the overall corporate profit would also be affected by the financial crises hence bring about loss and subsequent bankruptcies.

Financial crises creates unemployment or massive lay-offs, loss of money hence increase chances of creating more bankruptcies.

Answer:

a) Since Scot and Vidia's ordinary income = $90,400 + $81,000 = $171,400, their marginal tax rate will be 24%, and they will owe $29,211 + [($171,400 - $171,500) x 24%] = $29,295 in taxes

They will also have to pay 15% of $5,000 (capital gains) = $750

b) Since Scot and Vidia's ordinary income = $90,400 - $81,000 = $9,400, their marginal tax rate will be 10%, and they will owe $9,400 in taxes

They will also have to pay 15% of $5,000 (capital gains) = $750

The provision of an insurance policy that is purchased separately from the basic policy and that provides additional benefits at additional costs is called a rider.

A rider can be added to a basic policy to customize the coverage to fit the policyholder's specific needs. For example, a person who owns a high-value piece of jewelry may add a jewelry rider to their homeowner's insurance policy to provide additional coverage for loss or theft of the jewelry. Similarly, a person who travels frequently may add a travel insurance rider to their health insurance policy to cover emergency medical expenses while traveling outside of their home country.

Riders can be added to various types of insurance policies, including health insurance, life insurance, auto insurance, and home insurance. They are typically designed to provide extra protection or coverage for specific risks that are not covered by the basic policy. The cost of a rider varies depending on the type of coverage and the insurer.

It is important to review all available riders when purchasing insurance to ensure that you are getting the coverage you need. Adding a rider can provide additional protection and peace of mind in the event of an unexpected loss or accident. However, it is also important to consider the cost of the rider and whether it is worth the additional expense.

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Explanation:

It generally takes eight years to become a dentist: four years to earn a bachelor's degree as an undergraduate and four years to earn a DDS or DMD in dental school. If you're interested in specializing, you'll also need to complete a dental residency (more on that below).

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Answer:

Knowledge worker

Explanation:

Knowledge worker indicates the specification in a particular field. It also refers that when a person does a specific task, shows the speciality in it.

Therefore according to the given scenario Asian countries is affecting with a virus and a pharmaceutical company want to create a drug with the help of scientists who already research on the virus. Here, the company will use their expertise so that they can create the drug which indicates the knowledge worker.

Answer:

A tax imposed on imported or exported goods is called a tarrif.

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Answer:

A Tariff

Explanation:

got it right :)

The Companies Act and the Partnership Act are two different laws that govern different types of businesses.

The Companies Act governs companies, which are separate legal entities from their owners, while the Partnership Act governs partnerships, which are not separate legal entities from their owners.

The maximum number of persons in a partnership business is not mentioned in the Partnership Act because there is no limit to the number of partners a partnership can have. However, the Companies Act limits the number of members in certain types of companies, such as private companies, to a maximum of 200 members. This is because companies are separate legal entities and the law seeks to regulate their operations to ensure that they operate in a manner that is fair and transparent to all members.

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Answer:

Std rate per hour: 11.00    

Std hours = 1000*2 =2000    

Actual hours = 1850      

Actual rate = 11.80

Labor cost variance = Std cost - Actual cost    

Labor cost variance  = (2000*11) - (1850*11.80)

Labor cost variance = 170 Unfavorable

Labor rate variance = Actual hrs (Std rate - Actual rate)  

Labor rate variance = 1850 *(11-11.80)

Labor rate variance = 1480 Unfavorable

Labor qty variance = Std rate (Std hrs-Actual hrs)  

Labor qty variance = 11 (2000-1850)

Labor qty variance = 1650 Favorable.

Answer:

violates common law

Explanation:

A non compete is an agreement that restricts a previous employee from working for a competitor of his former company for a given period after disengagement.

This is a contract that aims to reduce to the rate at which company secrets are shared to competitors.

The rationale is that the employee's knowledge of the company's procedures will be obsolete after some years.

However non compete should not last for a very long time. Usually non compete of more than two to three years is not honoured by courts.

So in the given scenario where Harold the head chef at the Italian Olive Restaurant signed a non compete which restricts him from opening a restaurant for the next 15 years. The court will most likely not honour the non compete because the amount of time is not reasonable.

Eric has decided to invest small amounts in bonds over time. This rules out purchasing a single bond. He is seeking a bond mutual fund with a yield over 4%. Yield, fund would be recommended.

What is bonds?

Bonds are issued by governments and corporations when they want to raise money. By buying a bond, you're giving the issuer a loan, and they agree to pay you back the face value of the loan on a specific date, and to pay you periodic interest payments along the way, usually twice a year.

Bonds yield income, are think over little riskier than working capital and can help change portfolios. The first is to hold those bonds yield until their maturity date and accumulate interest commences on them. Bonds, in general, are less risky and more buttoned-up than frameworks in yield.

As a result, the significance of the bonds yield to invest small amounts in bonds over time are the aforementioned.

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When a company starts a new division and recruits people to do the work, it is most directly changing its employees, which is an aspect of its internal environment.

The internal environment of a company refers to the factors and conditions that exist within the organization and directly influence its operations and performance. It encompasses various elements, including the company's culture, physical environment, employees, and more.

However, when a company starts a new division and hires individuals to work in that division, the most immediate and direct change occurs in the employees aspect of the internal environment. The addition of new employees brings in fresh talent, skills, and perspectives into the company. It affects the composition of the workforce, leading to changes in the dynamics, teamwork, and overall capabilities of the organization.

The new division and the recruitment process can also have indirect effects on other aspects of the internal environment. For example, it may impact the company's culture as the new division's employees contribute their own values, work styles, and attitudes. Additionally, the physical environment may be altered to accommodate the needs of the new division, such as providing office space, equipment, or resources specific to their work.

However, it is important to note that all aspects of the internal environment are interconnected, and changes in one aspect can have ripple effects on others. Therefore, while the immediate and direct change occurs in the employees aspect, the introduction of a new division and recruitment process can have broader implications on the overall internal environment of the company.

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because they are the ones that provide me goods and services.

Answer:

see below

Explanation:

Wages are business expenses. In the Double entry system, an increase in expenses is a debit entry.

When wagers are paid, cash available reduces. Cash is an asset account. A decrease in an asset account is a credit entry.

the Journal entry in the case will be

Wages A/C   Dr   $5000

Cash A/C    Cr  $5000

The following occurs when investment is crowded out by government spending: option C.

The government debt level of a country is what the federal government of such country owes its creditors. When the government almost always spends more perhaps to invest than it realizes through taxes and other revenues, the government debt continues to rise.

Therefore, the implication of excessive investment or spending more that the expected amount of revenue could result to national debt.

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Answer:

2,3,7 and the last one

Explanation:

Just had the same question and went back into the lesson to look . THESE TAKE FOREVER HAHA

Seven million millionaires in U.S :

Millionaires are those individuals who have a net worth that is equal to or are then one million units of currency.

These people include businessmen that have own business and own large amount of shares in other companies. The millionaires networth and financial assets also contribute to the nation's GDP.

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Answer:

Allocative inefficiency.

Explanation:

Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.

In Economics, there are four (4) main factors of production and these are;

I. Land.

II. Labor (working).

III. Capital resources.

IV. Entrepreneurship.

When these aforementioned factors of production are combined effectively and efficiently, they can be used for the manufacturing or production of goods and services to meet the unending requirements or needs of the consumers.

Basically, there are two (2) types of inefficiency associated with the production of goods and services to meet the unending requirements or needs of consumers, these includes;

1. Technical (productive) inefficiency: it occurs when a company or business firm produce goods and services that consumers do not want.​ This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.

2. Allocative inefficiency: it occurs when a company or business firm do not maximise output from the given inputs such as raw materials, capital, etc. Thus, it arises when businesses fail to increase the level of their production or productivity from a number of given inputs.

Hence, when a business do not maximise output from the given inputs, it is referred to as an allocative inefficiency.

In conclusion, allocative inefficiency typically occurs when the price of a good or service isn't equal to its marginal cost i.e P ≠ MC.

Midnight stroll is located just down the street from the city's theater district. The owners of that bar have decided to add an advertisement in the playbill of  more popular productions.  The element of the marketing mix is "product mix''.

The marketing mix is the foundation model for the businesses which is centered around the four P's that is product, price, place and the promotion. The marketing mix is the set of the marketing tools that the company uses to pursue their marketing products in the target market.

The marketing mix have several types like product mix, product progression and product life cycle, market coverage mix, services mix, marketing program mix, and global marketing mix.

The question is incomplete, the complete question is here:

midnight stroll is a late-night blues bar that is located just down the street from the city's theater district. the owners of the bar have decided to place an advertisement in the playbill of one of the more popular productions. which element of the marketing mix does this represent?

a. product mix.

b. service mix.

c. marketing program mix.

d. global marketing mix.

The correct option is A.

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The probability of the project's life being 6 years is 2/3, and the probability of it being 9 years is 1/3.

Based on the given information, the project's life has a higher likelihood of being 6 years (2/3 probability) compared to being 9 years (1/3 probability). This suggests that a 6-year life span is more probable. By understanding the probabilities associated with the project's life, decision-makers can assess the potential duration and plan accordingly. These probabilities provide valuable insights into the project's expected duration and can inform risk management and resource allocation strategies.

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To enter Member PESTEMPO Events manually, there are specific requirements to ensure accurate and efficient data management.

First, you need to have access to the event management system or software where PESTEMPO Events are being recorded. As an authorized user, you must be familiar with the PESTEMPO framework, which stands for Political, Economic, Sociocultural, Technological, Environmental, and Legal factors that impact an organization.

Before entering the data, gather complete and accurate information about the event, such as event name, date, time, location, and description. It is essential to categorize the event under the appropriate PESTEMPO factor for effective analysis and reporting. Additionally, collect relevant documents, such as invitations, agendas, and speaker profiles, which might be required for the event registration process.

While entering the data, ensure that the input fields are filled in correctly and consistently across all events. Double-check the information to avoid errors and omissions. Save and submit the event entry in the system following the established guidelines and protocols.

Lastly, maintain clear communication with team members and stakeholders involved in the PESTEMPO event planning and execution process. This promotes collaboration, smooth data management, and effective decision-making in response to PESTEMPO analysis outcomes.

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The fact that Janelle is a broker who owns a small firm that is a single agency firm means that her agents will represent either the buyer or the seller in each transaction.

There are several types of brokerage agencies with single agency firms being one of them. Such firms will only represent a single party in a transaction which allows them to seek for the best deal with no bias.

Janelle's firm being a single agency firm therefore means that those agents who work for her will either represent the sellers in a transaction, or the buyers, and not both.

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The current price of a stock is $22, and at the end of one year its price will be either $27 or $17. the annual risk-free rate is 6.0%, based on daily compounding. a 1-year call option on the stock, with an exercise price of $22, is available. based on the binomial model, based on binominal model the option's value is $2.99. Option (c) is correct.

A stock is a colloquial phrase for any company's ownership certificates. On the other hand, a share alludes to a certain company's stock certificate. You become a shareholder if you possess shares of a specific corporation.

Find number of shares of stock in hedge Porfolio :

Number of shares = (Cu-Cd)/(Pu-Pd)

= (5-0)/(27-17)

= .5

Find the hedge portfolio's payoff :

payoff if stock is up = NsP(u)-Cu

= .5(27)-5

= 8.5

Payoff if stock id down = NsP(d)-Cd

= .5(17)-0

= 8.5

Present value of the hedge portfolio's payoff :

N = 1*365=365

I = 6/365

Find PV =8.005

PMT = 0

FV = -8.5

Options value :

Value of call = Ns(P)-PV

= .5(22)-8.01

= 2.99

Therefore,  Option (c) is correct. Based on the binomial model, based on binominal model the option's value is $2.99.

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Answer:

1

Explanation:

Meeting with members of a particular department to find out why employee turnover is so high is an example of strategic human resource management. Thus, the correct answer is option 1.

Strategic human resource management (HRM) is a framework that connects people management and development practices to long-term company goals and outcomes.

It is concerned with longer-term resource concerns in the context of an organization's goals and the changing nature of work. It also influences other HR strategies, such as reward and performance, by establishing how they fit into the larger corporate plan. It contributes to ensuring that the many parts of people management collaborate to drive the behavior and climate required to create value and reach performance goals.

Therefore, option 1 is the appropriate example of strategic human resource management.

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Answer:

Controlling area.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, account payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).

Typically, it's a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting.

In Accounting, Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

Sap FICO is a finance and cost controlling module that avails a business firm or organization the ability to store all of their external and internal financial transaction data at the end of the trading period.

Controlling area structures the internal accounting operations of an organisation within "Controlling." Thus, it manages profits and costs of an organization which are necessary to provide informations to the management for proper decision-making and effective control of its resources.

Answer:

Market price = $2,464.21

Explanation:

coupon rate = 5.86% / 2 = 2.93%

YTM = 4.3% / 2 = 2.15%

face value = $2,000

periods to maturity = 24 x 2 = 48

Present value of face value = $2,000 / (1 + 2.15%)⁴⁸ = $720.42

Present value of coupon payments = $58.60 x {[1 - 1/(1 + 0.0215)⁴⁸ ] / 0.0215} = $1,743.79

Market price = $2,464.21

Answer:123.21

Explanation:

Answer:

B. In 1941 the Germans were winning but in 1944 the Allies had dealt them many losses.

Explanation:

In 1941, the German army was extremely successful and you could say that they were winning since most allied troops had suffered great losses. Germany was trying to expand and gain more territory. By 1944, the American army and the remains of the allied forces had almost defeated the German army and were already fighting in continental Europe.

Answer:

Answer:

Explanation:

These are the sales, cash receipts, cash disbursements, and purchases journals.

proceduresintegratedproceduresintegratedAnswerAnAnswerAn accounting system is a set of accounting processes with integrated procedures and controls. The intent of an accounting system is to record business transactions, summarize those transactions into an aggregated form, and create reports that can be used by decision makers to monitor, analyze, and improve operations.AnswerAnAnswerAnswerAnswer:

Explanation:

Answer:

I think A but ion kno thats prolly wrong-

Explanation: