The MPC is 0.886 or 88.6%. This means that for every additional dollar of disposable income that consumers received in 2017, they spent 88.6 cents on consumption.
The MPC or Marginal Propensity to Consume is the proportion of additional income that is spent by consumers. In this case, we have been provided with information that in 2017, consumers' disposable income increased by $626 billion and their spending increased by $555 billion.
To calculate the MPC, we can divide the change in consumer spending by the change in disposable income. Therefore, the MPC can be calculated as follows:
MPC = Change in Consumer Spending / Change in Disposable Income
Substituting the values we have been given, we get:
MPC = $555 billion / $626 billion
MPC = 0.886
Therefore, the MPC is 0.886 or 88.6%.
This means that for every additional dollar of disposable income that consumers received in 2017, they spent 88.6 cents on consumption. This suggests that consumers have a high propensity to consume, which can be indicative of a strong economy as it drives consumer spending and economic growth.
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Cooperatives save members money by
O purchasing supplies and services as a group.
securing financing from banks as a group.
O charging more to sell their products as a group.
O sharing all profits democratically as a group.
Answer: A
Explanation: by purchasing supplies and services as a group
Cooperatives save members money by purchasing supplies and services as a group securing financing from banks as a group.
What are cooperatives?Cooperatives are a type of financial institution that is owned and run by members of the cooperative. Each member in the cooperative have equal rights and privileges.
Members in a cooperative save their money and this money is lent out to members at a low level of interest rate.
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What certificate will we get if we become a teacher?
Answer:
You can get a teaching certificate or an alternative certification, but go for the nationally-recognized board certification when you're eligible. Use the best job sites. The best job sites, for teaching jobs, are the websites of the school and school district themselves.
Tina, a sales manager, is interviewing a worker who applied for a sales job. She likes the applicant so much that she says, "This is a great place to work. If you are loyal to us, we will be loyal to you, and you can count on a job here." Phil, the HR manager, learns what Tina said. He asks her not to make this kind of statement again. What reason best explains why Tina's comment was unwise?
The reason why the comment by Tina was unwise was because A. Tina's statement could be taken as an implied contract to keep the worker in future, making it hard to dismiss the worker if problems arise.
Why should Tina not have said that?Tina essentially gave the applicant an implied contract because she gave the applicant terms that they needed to abide by in order to get the job and to keep it.
Those terms revolved around loyalty. This means that if the company needed to dismiss the worker in future, the worker could go to court and argue that they deserve to keep their job because they have given the loyalty that was a requisite according to Tina.
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Answer:
Tina's statement could be taken as an implied contract to keep the worker in the future making it hard to dismiss the worker if problems arise
readers will usually interpret a business message containing the repeated use of the we-voice as multiple choice question. pushy. inflexible. insincere. team-focused.
Readers will usually interpret a business message containing the repeated use of the we-voice as team-focused.
A business is described as an organization or enterprising entity engaged in business, industrial, or professional sports. companies can be for-income entities or non-profit agencies. commercial enterprise sorts range from restricted liability groups to sole proprietorships, businesses, and partnerships.
The definition of business is an profession or trade and the acquisition and sale of services or products to make a earnings. An instance of enterprise is farming. An instance of business is a house sale.
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list five of the important accounting assumptions that have had an impact on the development of generally accepted accounting principles.
Five important accounting assumptions that impact GAAP are: Going Concern, Accrual Basis, Monetary Unit, Time Period, and Historical Cost, guiding financial reporting for consistency and accuracy.
Five important accounting assumptions that have had an impact on the development of generally accepted accounting principles (GAAP) are:
1. Going Concern Assumption: This assumption assumes that the entity will continue its operations in the foreseeable future. It allows accountants to prepare financial statements under the assumption that the company will not liquidate or go bankrupt.
2. Accrual Basis Assumption: The accrual basis assumption requires that transactions and events are recorded in the financial statements when they occur, regardless of when the cash is received or paid. It helps provide a more accurate representation of a company's financial performance and position.
3. Monetary Unit Assumption: The monetary unit assumption assumes that the financial transactions and events recorded in the financial statements are expressed in a stable currency, such as the U.S. dollar. It allows for the measurement and comparison of financial information over time and between different entities.
4. Time Period Assumption: The time period assumption assumes that the economic activity of an entity can be divided into specific time periods for financial reporting purposes. It allows for the preparation of financial statements on a regular basis, such as monthly, quarterly, or annually.
5. Historical Cost Assumption: The historical cost assumption requires that assets and liabilities are recorded at their original acquisition or production cost. This assumption provides reliability and verifiability to the financial statements, but it may not always reflect the current market value of assets and liabilities.
These accounting assumptions form the foundation of GAAP and help guide the recognition, measurement, and disclosure of financial information to ensure consistency, comparability, and relevance in financial reporting.
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3. Not all the busines contracts
are legal. Justify.
Answer:
They could be scams wanting money out of you. It is simple as that they can act as a business but they aren't. To be honest with you you are your own business because whatever you do is good or well so you don't need approval on others so my answer is scammers cause other businesses are working hard to make money and respect their customers!
individuals in different segments should have ______ within the segment and ______ across the segments.
Answer:
similarities; differences Is correct answer
Explanation:
individuals in different segments should have similarities within the segment and differences across the segments.
(Hope this helps can I pls have brainlist (crown)☺️)
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
true or false evaluation is the process by which management monitors operations by comparing actual and expected results.
Evaluation is the process by which management monitors operations by comparing actual and expected results.
The above statement is False.
The Given statement is of Controlling.
Controlling:
Control is the management function that compares specified standards with actual business development and takes corrective action in case of deviations.
Management includes all management efforts to ensure that objectives (already set during the planning stage) are achieved. This includes ongoing analysis of the plan and iterative updates to it as needed. The manager's project monitoring component (analyzing whether the project team is following the plan) can easily overlap with project management. Also, not every company or project has its own project manager. If you're a manager and do more project management than you need, a good project management software tool can help.
Managing appointments and deadlines, training employees, evaluating performance, adjusting budget or personnel allocations, and allocating resources are part of management.
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By having employers withhold federal income tax from employees' pay and submitting the payments to the government, the system is adhering to which of the criteria for a good tax system?
By holding employers withhold federal revenue tax from employees' pay and raising the payments to the government, the system is sticking to the Convenience of the standards for a good tax system.
Which of the following measures are often used to evaluate a good tax system?A good tax system should complete five basic requirements: fairness, adequacy, clarity, transparency, and administrative ease. Although beliefs about what makes a good tax system will vary, there is agreement that these five basic requirements should be maximized to the greatest capacity possible.
An income tax is a forthright tax that a government levies on the earnings of its citizens.
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retailers that have a website with store locations, store hours, product information, product reviews, promotion information, instant chats, etc. offer which type of value added activity?
Retailers that have a website with store locations, store hours, product information, product reviews, promotion information, instant chats, etc. offer omnichannel retailing value-added activity.
Omnichannel retailing is a customer-centric approach that integrates all sales channels, including brick-and-mortar stores, e-commerce, and mobile, into a seamless shopping experience.
This type of value-added activity provides customers with a convenient and consistent shopping experience, regardless of the channel they use. By offering a range of information and services online, retailers can reduce customer frustration and increase customer loyalty, leading to increased sales and profits.
Overall, omnichannel retailing is an important value added activity for retailers as it helps to differentiate their offerings and create a competitive advantage.
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Which of the following is least likely to help you choose an academic major? A. your guidance counselor B. An intership C. An intrest invitory D. The measure your friend chooses
The following has the lowest likelihood of assisting you in selecting an academic major is your friend's choice of action. Therefore, choice (D) is the appropriate one.
The academic major to which a first-year student formally commits is called their major. An undergraduate degree is awarded to students who successfully complete all of the major-required courses. When referring to the academic field undertaken by a graduate student or postgraduate student in a master's or doctorate assisting program, the term major (also known as concentration, particularly at private colleges) is occasionally used administratively.
Completing a mix of mandatory and optional courses in the subject of choice is often necessary to declare a major. From program to program, a student's freedom to select courses varies.
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Answer:
D. The major your friend chooses
Explanation:
other things the same, in the open-economy macroeconomic model, if the real exchange rate rises, the a. quantity of dollars demanded falls. b. demand for dollars shifts left. c. quantity of dollars demanded rises. d. demand for dollars shifts right.
(C) the quantity of dollars demanded falls If the real exchange rate rises. It is because these two aspects is related each other.
Exchange Rate generally can be defined as the value of a country's currency versus the currency of another country or economic zone. To determine currency exchange rates in a country, there are two main systems that used, there are floating currencies and also pegged currencies. Floating exchange rate or known as floating is determined by market. In other words, currency is worth whatever the buyer is willing to pay for it. It is determined by supply and demand, which in turn is driven by foreign investment, the import/export ratio, inflation, and a number of other economic factors.
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the types of milatary are safe
Answer: US Air Force and Navy
Explanation:
what is the difference between the strategic approach and the operational approach to building your rpa strategy?
The strategic approach creates a clear direction while the operational approach recognizes how RPA works and builds.
The strategic approach focuses on the high-level goals and objectives of the RPA implementation, such as identifying the business processes that are most suitable for automation, determining the best technologies and platforms to use, and defining the overall strategy for implementing RPA in the organization.
On the other hand, the operational approach focuses on the day-to-day tasks and activities involved in implementing the RPA strategy.
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suppose this economy expands to include a financial sector. if you get a loan at 5% normal interest and inflation is at 3%, what real rate do you pay chegg
To calculate the real rate you pay, you need to take into account the effect of inflation on the loan. The real rate represents the true cost of borrowing after adjusting for inflation.
Here's how you can calculate the real rate:
1. Start by subtracting the inflation rate from the interest rate. In this case, 5% - 3% = 2%.
2. The result of the subtraction represents the real rate of interest you are paying. So, the real rate you pay is 2%.
To summarize, if you get a loan at 5% normal interest and inflation is at 3%, the real rate you pay is 2%.
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brian is attempting to forecast political instability and help his company's management identify and evaluate political events and their potential influence on current and future international business decisions. brian is engaged in: question 4 options: 1) political risk assessment. 2) political confiscation. 3) democratization. 4) arbitration. 5) risk expropriation.
Brian is engaged in political risk assessment. Political risk assessment involves the evaluation and analysis of political events and their potential impact on business operations, investments, and decision-making.
Brian's goal is to forecast political instability and provide insights to his company's management regarding the potential influence of political events on current and future international business decisions.
By conducting a political risk assessment, Brian aims to identify and assess factors such as changes in government policies, regulatory frameworks, geopolitical tensions, social unrest, and other political factors that may pose risks or opportunities for the company. This assessment helps in understanding the potential impact on business operations, profitability, and overall strategic planning.
The other options listed (political confiscation, democratization, arbitration, risk expropriation) do not accurately describe Brian's activities. Political confiscation refers to the seizure of assets or property by a government, democratization refers to the process of establishing democratic principles in a society, arbitration is a method of dispute resolution, and risk expropriation is not a commonly used term in this context.
Therefore, the most appropriate description for Brian's engagement is political risk assessment.
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What is the main role of the central bank in the economy?
Conducting monetary policy to attain price stability (low and stable inflation) and assist in managing economic fluctuations is a crucial function of central banks. Over the past few decades, significant modifications have been made to the policy frameworks within which central banks conduct their operations.
What are the central bank's five roles?
Macroeconomic stability maintenance, lender of last resort for financial stability, serving as a bank to the government, carrying out monetary policy, and financial sector regulation are the five responsibilities of a central bank. Following are the central bank's eight primary economic roles: Lender of Last Resort, Bank of Issue, Agent and Advisor to Government, Custodian of Cash Reserves, Custodian of Foreign Balances, Clearing House
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martha has been a sports enthusiast from a very early age. After she finished her college education, she started a small sports equipment shop. She has a lot of knowledge about the products that she sells and is doing well as a first-time entrepreneur. Which statement is most appropriate for Martha's situation? A) she lacks control over her business. B) she finds the business exciting because it relates to her interests and hobbies. C) she enjoys the idle time that spends at work. D) She does not take her work seriously because it is sports related.
Answer:
Answer is B
Explanation:
Martha is already familiar with the field she's venturing into. She's passionate about what she does thus, this can be convenient when you have a clear background or experience of the business you want to establish
breilfy explain the differenc between discentionary and mandatory government spending
Answer:
The difference between discentionary and mandatory government spending is whether spending is dictated by prior law or voted on in the annual appropriations process.
Explanation:
Discentionary spending is money formally approved by the government during the appropriations process each year.
Mandatory spending is based on laws previously enacted that dictate the money budgeted for spending each year.
Discretionary government spending refers to a type of spending where the spending budget is subject to change yearly as determined by Congress, while mandatory government spending refers to the portion of the federal budget that is required by law and does not require annual congressional approval.
What is government spending?The term government spending refers to the use of public funds by a government to pay for various goods, services, and programs that are intended to benefit society.
There are basically two type types of government spending:
discretionarymandatoryFor example, spending on things like defense, education, and transportation constitutes discretionary spending as the amount to be spent each year can change based on the discretion of Congress. While spending on things like social security and medicare constitutes mandatory spending as they require no congressional approval.
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Which of the following might experience a factor of failure related to expansion?
A. A hair salon that hires new employees immediately after it opens
B. A restaurant that doesn't have a website
C. A shoe store located near another popular shoe store
D. A grocery store with employees who miss company meetings
Answer:
a
Explanation:
cggm nauseousness hfff fallen
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?
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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SUN acquired 100% of the voting shares of MOON. In exchange, SUN issued 60,000 common shares, with a market value of $22 per share, to the common shareholders of MOON. Both companies have a June 30 year-end, and this transaction occurred on June 30, 2020.
The following are the statements of financial position of the two companies at June 30, 2020 before the transaction took place.
Statements of Financial Position June 30, 2020
SUN
Moon
Carrying Value
Fair Values
Carrying Value
Fair Values
Current assets
$ 450,000
$ 400,000
$ 200,000
$ 225,000
Capital assets (net)
14,000,000
12,000,000
1,000,000
950,000
Goodwill
200,000
-
Total
14,650,000
1,200,000
Current liabilities
$ 200,000
$ 100,000
$ 145,000
$ 150,000
Long-term liabilities
600,000
625,000
200,000
180,000
Preferred shares
-
200,000
200,000
Common shares
250,000
250,000
Retained earnings
13,600,000
405,000
14,650,000
1,200,000
Instructions: Enter all numbers without dollar signs. Round numbers to the nearest whole dollar do not enter any decimals in your number. Use commas properly. If the amount is zero, enter 0, do not leave any answers blank. For example, a properly formatted number is 125,250. Numbers incorrectly formatted with not result in any marks.
Required
Using the consolidated statement of financial position for the date of acquisition determine the following
Current assets
Capital assets (net)
Goodwill
Current liabilities
Long-term liabilities
Preferred shares
Common shares
Retained earnings
The current assets of SUN and MOON as of June 30, 2020 were $650,000 ($450,000 + $200,000) and $225,000, respectively. As per the consolidated statement of financial position, the total current assets are $875,000 ($650,000 + $225,000).
The capital assets (net) of SUN and MOON as of June 30, 2020 were $15,000,000 ($14,000,000 + $1,000,000) and $950,000, respectively. The total capital assets (net) as per the consolidated statement of financial position would be $15,950,000 ($15,000,000 + $950,000).
SUN had a goodwill of $200,000, but MOON had none. Therefore, the consolidated statement of financial position would include a goodwill of $200,000.Current liabilities of SUN and MOON were $200,000 and $145,000, respectively.
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Type the correct answer in the box. Spell all words correctly.
Which form of marketing do firms use when they market their products to all consumers alike, even when not all of them constitute the target audience?
When firms market their products to all consumers alike, even when not all of them constitute the target audience, they exhibit (___?___) marketing.
Answer:
Outbound Marketing is the correct answer
Explanation:
Answer:
outbound marketing - I just took the test this is correct
Explanation:
20kg of beans at #150/kg are mixed with 15kg of beans at #180/kg , if the mixture is sold at #200/kg , calculate the percentage profit and correct to 3s f
Answer: 18.6%
Explanation:
Cost of 20 kg of beans at #150 per kg is:
= 20 * 150
= #3,000
Cost of 15 kg of beans at #180 per kg is:
= 15 * 180
= #2,700
Total cost is:
= 3,000 + 2,700
= #5,700
Mixing both beans results in a weight of:
= 20 + 15
= 35 kg
This 35kg is sold at #200 per kg so the revenue is:
= 35 * 200
= #7,000
Percentage profit is:
= (Revenue - Cost) / Revenue * 100%
= (7,000 - 5,700) / 7,000 * 100%
= 18.6%
Tell me about a time you were able to understand someone else's viewpoint that differed from your own. describe the situation, your actions, and the outcome. targettttt
A time when you were able to understand another person's point of view that was different from your own could be a student or political debate for example.
What is a debate?It is a meeting of individuals to present arguments on a given topic, in a structured and formal way. To be effective, it must be organized and mediated by a leader who guarantees the chance for each member to express their ideas, being heard and respected by the other members.
The central objective of a debate is to help in the search for solutions, refute theories, generate reflection and adherence to certain points of view.
Therefore, it is essential that individuals be able to express themselves freely in society without suffering retaliation, as long as their opinions are based on ethics and respect for different opinions.
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Consider a second hand car market where three types of cars are being sold: High quality (H), medium quality (M) and low quality (L). Sellers value an H at $2000, an M at $1200 and an L at $800, whereas buyers value an H at $1800, an M at $1600 and an L at $1400. As discussed in the "Akerloff's Lemons Market", sellers are able to distinguish between different quality cars but buyers are not and a buyer believes that in this market 40% of the cars is an H, 30% of the cars is an M and 30% of the cars is an L. a) Determine which type of cars will be sold at the efficient allocation. b) Determine which type of cars will be sold at the market equilibrium.
Answer:
a) Determine which type of cars will be sold at the efficient allocation.
All cars would be sold in a Pareto efficient allocation.
In a Pareto efficient market, resources are all allocated in teh most efficient possible way. This is the reason why this is just a theoretical concept that does not necessarily apply in real life.
b) Determine which type of cars will be sold at the market equilibrium.
Since consumers are only willing to pay up to $1,620 for a used car, only medium quality and low quality cars will be sold. The price of high quality used cars is higher than the equilibrium price.
Explanation:
the most a buyer would be willing to pay for a used car is ($1,800 x 40%) + ($1,600 x 30%) + ($1,400 x 30%) = $720 + $480 + $420 = $1,620
What safety device should be worn when there is danger of fragments being thrown?
Answer:
gloves i think
Explanation:
Look for _____ in research information showing preferential treatment or consideration regardless of legitimate reasoning.
credibility
relevance
bias
additional sources
Answer:
bias
Explanation:
bias is the true anwer
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
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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