Mi Casa Restaurants of Las Cruces, New Mexico, has the following employees as of December 31: Employee Name | Annual Taxable Wages Arianna Shelby : $35,600 Mark Gomez : $18,800 Cedric Wardly : $26,000
Eric Burgess : $33,560
Shionna Black : $31,800 Required: The company's SUTA tax rate is 4.25 percent and the wage base is $11,400. Mi Casa Restaurants FUTA tax rate of 6 percent is subject to a 5.4 percent reduction and applies to the first $7,000 of employee wages. What is the annual amount of FUTA and SUTA taxes due for each employee? (Round your answers for "SUTA Due" to 2 decimal places.)

Order of steps in financial planning:

1. Use a questionnaire to obtain client information

2. Analyze balance sheets, cash flow statements, and other data

3. Define the scope of the relationship

4. Recommend the possible choices with the client

5. Purchase the products

6. Monitor

The steps in financial planning are as follows: using a questionnaire to obtain client information, analyzing financial data, defining the scope of the relationship, recommending choices to the client, purchasing products, and monitoring the progress.

In the given situations, "Define the scope of the relationship" corresponds to establishing the client relationship, "Schedule a six month review" matches the monitoring step, "Complete a financial profile" aligns with gathering client information, "Show the client what types of options their situation would permit" relates to the process of reviewing financial data, "Review tax returns, balance sheets, and records of the client" represents the reviewing step, and "Choose the right product for your client's comfort level and purchase" corresponds to the implementation of the recommended choices.

Matched situations to steps in financial planning:

A. Define the scope of the relationship

B. Schedule a six month review

C. Gather (Complete a financial profile)

D. Establish (Show the client what types of options their situation would permit)

E. Process (Review tax returns, balance sheets, and records of the client)

F. Implement (Choose the right product for your client's comfort level and purchase)

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10 units is the ideal production for firm 1, and 6.667 units is the ideal output for firm 2.

According to the firm's optimal output rule, a firm's profit is maximised by generating as much output as possible at a price where the last unit's marginal cost is equal to the market price.

According to the formula profit = Total revenue - Total expense, profit is determined. When the first order, MR = MC, and the second order are dependent on the first order, a corporation maximises profit. Regarding the time frame for making a profit and the objectives of the company, this idea contrasts from wealth maximisation.

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Authority is the best representation of the concept in this scenario. Aja has been given the authority to make decisions regarding hiring and terminations for employees working on his team. The correct answer is ''authority''

Authority refers to the power granted to an individual to make decisions and take actions in a particular area or task. In this case, Aja, as a manager, has been empowered with the authority to make decisions regarding hiring and terminations for employees working on his team.

This means that he has the power to make important decisions that affect the team's composition and structure. Authority is a critical aspect of management, and it helps to ensure that decisions are made efficiently and effectively by those who are best positioned to do so.

In conclusion, the correct answer is ''authority''.

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CarParts.com is an online retailer that specializes in selling a wide variety of car parts and accessories. They offer everything from basic replacement parts like brake pads and spark plugs, to more specialized items like performance parts and custom accessories.

The company is based in the United States and operates primarily online, with a website that can be accessed from anywhere in the world. Customers can browse the site to find the parts they need, and then place orders directly through the website. The company also has a customer service team available to answer any questions or help with any issues that may arise.

CarParts.com has a wide range of products available for purchase, including parts for a variety of different makes and models of cars. They also offer a wide range of prices, so whether you're looking for a basic replacement part or a high-performance upgrade, CarParts.com has something to fit your needs and budget.

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Answer:

true

Explanation:

The following is the formula for computing the customer lifetime value:CLV = Σ [(Mt – Ct) * (Retention rate) – 1] / (1 + i)t(Initial acquisition cost)Where,Mt – margin from the customer for the year t.CT – costs incurred to retain the customer in year t.Retention rate – rate of customer retention.

Margin from the customer is equal to revenue minus the cost of goods sold. In the given table, the margin from the customer can be calculated by subtracting COGS (Cost of Goods Sold) from the revenue. Thus, the following table is drawn as per the data given:Year Margin from customer (Mt) 1 $800 2 $520 3 $345 4 $270 5 $430 6 $470In the given table, the costs incurred to promote customer retention to a rate of 0.9 in years 1 through 6 are already given. Therefore, the given data can be used to calculate the customer lifetime value for the customer 421 based on the data above for the first six years of the customer relationship.CLV = [(800 - 800 * 0.1) / (1 + 0.1)] + [(520 - 80) / (1 + 0.1)²] + [(345 - 80) / (1 + 0.1)³] + [(270 - 80) / (1 + 0.1)⁴] + [(430 - 70) / (1 + 0.1)⁵] + [(470 - 70) / (1 + 0.1)⁶] – 800CLV = $2,504.44 (rounded to two decimal places)

Now, the discounted net cash flows for each year and in total are calculated:Year Discounted Net Cash Flow 1 $727.27 2 $427.61 3 $248.59 4 $142.32 5 $251.39 6 $246.26 Total $2,043.44Therefore, the discounted net cash flows for each year and in total are calculated to be $727.27, $427.61, $248.59, $142.32, $251.39, $246.26, and $2,043.44 respectively (rounded to four decimal places).

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The worth of the shares when the stockholder originally purchased them is $1105.

Shares are fractional ownership interests in a corporation. For some businesses, shares are a type of financial instrument that allows for the equitable distribution of any declared residual profits in the form of dividends.

It is assumed that the purchase price of the share is $100. As the stockholder sold her shares for $1,403, making a profit of 27%, it implies that:

  127 = $1,403

∴ 100 = $1,403/127 × 100

        = $1104.72

Therefore, $1104.72 is the original purchase price of the share.

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Company has cash of $35,000 on December 31, 2016; beginning cash balance on January 1, 2017 is also $35,000. This is an example of permanent account.

The balances that accumulate over time are recorded in permanent accounts. Records of sales is an illustration of super durable records. Assets, liabilities, equity, accounts payable, inventory, and investments are additional examples of permanent accounts.

An account whose balance does not reset to zero at the end of the accounting period is called a permanent account, also known as a real account. Instead, the balance stays the same throughout each accounting period. Asset, equity, and liability accounts are the most common types of permanent accounts.

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Answer:

the costs that change depending on a company's performance

Explanation:

Variable costs refer to the costs that fluctuate with the level of production. An increase or decrease in the output level results in variable costs moving in the same direction. If the business stops production, the variable costs will be nil.

Raw materials and packaging costs are good examples of variable costs. The more a company produces, the more materials it consumes, and the higher the costs of purchasing the materials.

Answer:

Costs that change depending on companys performance

Explanation:

EDGE 2021 Entreprenuership Test

The major difference between market and collective action through government is D) in the market area, there's typically a one-to-one link among payment and consumption; this link is often absent in the government sector.

In the market zone, individuals make alternatives primarily based on their personal self-interest, and they pay without delay for the products and services they consume.

This creates an instantaneous link between payment and intake, and it enables ensure that sources are allocated efficaciously. In evaluation, authorities choices are made collectively, and the fees of presenting items and services are unfold throughout the whole populace via taxes or different forms of public investment.

Which means the link between payment and consumption is frequently indirect or non-existent, which could create problems with inefficiency or overconsumption.

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I'll manage my team through cultural considerations, addressing issues, diverse management approaches, a culturally sensitive holidays policy, and team involvement in setting expectations.

Email to Manager:

Dear [Manager's Name],

Thank you for entrusting me with the management of our new team. I understand the importance of fostering cohesion and effective communication among team members from diverse backgrounds. In order to achieve this, I have developed the following strategies:

1. Cultural considerations: Recognizing the diverse cultural backgrounds of our team members, I will leverage the insights provided by Hofstede Insights: Compare Countries website to better understand their cultural dimensions. This will help me tailor my management approach, communication style, and decision-making processes to accommodate their cultural norms and preferences.

2. Common issues and potential conflicts: I anticipate that common issues in diverse or global teams may include language barriers, varying work styles, and differences in time zones. To address these challenges, I will encourage open and inclusive communication channels, provide language support if needed, and establish clear expectations regarding work hours and availability. Additionally, I will promote cultural sensitivity and foster a supportive team environment to mitigate potential conflicts.

3. Multiple management approaches: Considering the unique needs of each team member, I will adopt a flexible management approach. This may involve a combination of individual check-ins, team meetings, and virtual collaboration platforms to accommodate different communication preferences and working styles. I will also encourage regular feedback and provide opportunities for professional growth tailored to each team member's aspirations.

4. Holidays policy: To ensure fairness and inclusivity, I propose a culturally sensitive holidays policy. By consulting with each team member individually, I will identify their respective cultural and national holidays, and strive to provide equitable time-off opportunities. This approach will demonstrate our commitment to respecting and valuing the diverse backgrounds and traditions of our team members.

5. Collaborative team expectations: I believe in fostering a sense of ownership and accountability among team members. Therefore, I plan to collaboratively create team expectations. This will involve soliciting input from each team member to establish shared goals, communication norms, and project milestones. By involving the team in this process, we can promote a sense of unity and collective responsibility.

Attached to this email, you will find the conference call invitation for our team's introduction. I look forward to discussing these strategies with you further and incorporating any feedback you may have.

Thank you again for this opportunity.

Best regards,

[Your Name]

Conference Call Invitation:

Subject: Team Introduction and Expectations

Dear Team,

I hope this email finds you all well. As we embark on this exciting journey together, I would like to invite you to a team introduction conference call. This call will serve as an opportunity for us to get to know each other, establish expectations, and align our goals.

Date: [Date]

Time: [Time]

Duration: [Approximate duration]

Agenda:

1. Team introductions: Each team member will have the opportunity to share a brief introduction, highlighting their role, background, and any key strengths or interests they bring to the team.

2. Cultural considerations: We will discuss the importance of cultural understanding and how it can positively impact our collaboration. Please come prepared to share any specific cultural considerations or preferences that you feel are important for the team to know.

3. Team expectations: We will collaboratively define our team expectations, communication norms, and project milestones. This will ensure that we are aligned on our goals and working towards a shared vision.

I look forward to meeting each one of you and building a strong and cohesive team. Please RSVP to this email with your confirmation and any specific topics or questions you would like to address during the call.

Best regards,

[Your Name]

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Answer:

B.

Explanation:

A debenture can only be taken on a limited company or limited liability partnership; it can't to be taken over a sole trader or standard partnership. A director who has advanced or lent money into their own company could take a debenture to secure the loan. A private lender can also take a debenture.

Psychological needs are those for necessities such as safety, security and health is true.

The focus of the maturity stage (stage 3) in the product life cycle is to develop customer satisfaction and understand competitors entering the market. Psychological needs are those for necessities that include safety, security, and health. The term manufacturing refers to the processing of raw materials or parts into finished goods through the use of tools, human labor, machinery, and chemical processing.

Manufacturing allows businesses to sell finished products at a higher cost than the value of the raw materials utilized and processed in order to create the perfect one.

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Cheap

Effective

Fast

Options

Safe

Answer:

it depends on the measures taken to ensure that economy is stable.

Answer:

1. it is difficult to say since contractionary periods have varying lengths in different business cycles.

2. shock

3. high unemployment

4. two

5. expansion stage of the business cycle

Explanation:

just took it

The following questions would be studied in the area of microeconomics: -What determines the number of hours an individual works?

The basic unit of study in microeconomics would be individual business and households. Microeconomics is the study of economic tendencies, or what is likely to happen when individuals make certain choices or when the factors of production change.Microeconomics is the study of what is likely to happen (tendencies) when individuals make choices in response to changes in incentives, prices, resources, and/or methods of production. Individual actors are often grouped into microeconomic subgroups, such as buyers, sellers, and business owners.

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Answer: I am there

Explanation: Music  Producer and engineer, why?

I am a band singer and love music and it comes from many generations in my family . I love what I am learning in college about music, mixing and master of music .Not to mention the Business end of with copywriting  of said music . You must be able to produce songs and albums for clients and make their content sound the absolute best it can.

(a) The given utility function shows the optimal combination of leisure time and consumption for a generation. (b) the utility-maximizing consumption choice in period t will be that no perishable good will be invested in the security that will be held until period t + 1. (c) Yes, the security can affect market outcomes. (d) the quantity of the commodity available for consumption in period t will be (cs − (1 + P+1)pt) / Vi. (e)  the utility function is additive across time, a decrease in production in period t implies a decline in consumption in period t + 1. (f) The first best outcome in this model economy is the allocation that maximizes the sum of the utilities of all generations, subject to the resource constraint and the fact that the security market should clear at every point in time.

(a) The given utility function shows the optimal combination of leisure time and consumption for a generation. Here, u(C_{t+1}, L_t) = C_{t+1} (L_t − I_t), where L is the maximum amount of leisure time a generation can have.

(b) In the absence of any asset markets, a market equilibrium will be obtained through the condition that the consumption in period t is equal to the production of perishable good in that period minus the quantity of the good invested in the security that will be held until period t + 1. Since the commodity is perishable, there will be no production of the commodity in period t + 1. Therefore, the utility-maximizing consumption choice in period t will be that no perishable good will be invested in the security that will be held until period t + 1.

(c) Yes, the security can affect market outcomes. As per the Fisher Separation Theorem, the security and the perishable good will always be separated in the market equilibrium. If the price of the security in period t is pt, the quantity of perishable good invested in the security in period t will be (cs − pt) / Vi.

(d) If the belief of every generation is that the inflation rate is constant at P+1, then the equilibrium will be established by the condition that the quantity of the commodity produced in period t is equal to the quantity of the commodity invested in the security that will be held until period t + 1 multiplied by (1 + P+1). Therefore, the quantity of the commodity available for consumption in period t will be (cs − (1 + P+1)pt) / Vi.

(e) A constant inflation rate is problematic in this stylized model economy because it leads to an economy-wide decline in production over time. This occurs because a higher rate of inflation induces the current generation to produce more, thereby leaving fewer resources for the next generation. Since the utility function is additive across time, a decrease in production in period t implies a decline in consumption in period t + 1.

(f) The first best outcome in this model economy is the allocation that maximizes the sum of the utilities of all generations, subject to the resource constraint and the fact that the security market should clear at every point in time. The properties of the first best allocation are as follows: The allocation satisfies the intertemporal welfare criterion. The allocation is efficient.The allocation satisfies the consumption-smoothing property.

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We can write a system of equations to determine the number of bananas and peaches that Emily bought. Let's define the variables 'b' for the number of bananas and 'p' for the number of peaches.

Based on the given information, we can set up the following system of equations:

1) The total cost of bananas and peaches is $20.80: 0.80b + 2p = 20.80.

2) The total number of bananas and peaches is 14: b + p = 14.

In equation 1, we multiply the cost per banana ($0.80) by the number of bananas (b) and the cost per peach ($2) by the number of peaches (p), and their sum is equal to $20.80.

In equation 2, we add the number of bananas (b) and the number of peaches (p), and their sum is equal to 14.

By solving this system of equations, we can find the values of 'b' and 'p', representing the number of bananas and peaches that Emily bought, respectively.

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Answer:

last step of cost-benefit analysis is the to see if the benefits outweigh the costs.

EXPLANATION:

Benefits should be documented and classified after identifying costs.  Benefits that are identified should be monetized or associated with a value. Similar to costs, external and internal benefits to the organization should be documented.

Explicit benefits : They can be quantified (e.g.,  reduced costs or additional value)

Implicit benefits : They are difficult to quantify (e.g., satisfaction levels, increased retention or access/utilization to services or programs)

Typically, during this step, various calculations can be completed that can result in values or ratios that would be compared.

1.Return on investment

2.NPV(net present value)

3.Discount rates

4.Benefit-cost analysis

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Based on an information management system, Business Continuity Planning identifies the flow of critical business data.

This is because Business continuity planning is a method or strategy that allows the business manager to identify their critical processes.

Business continuity planning establishes operation duration for different activities relating to business continuity, such as outages, contact data, and partners involved in the risk of supporting vital continuity services.

Hence, in this case, it is concluded that the correct answer is "Business Continuity Planning."

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On the foreign exchange market, it is decided by American and foreign investors.

A investor is a person who invests money in a company or other entity with the hopes of earning a profit. The main objective of any trader is to reduce risk while maximizing return. In contrast, a speculator is a person who's willing to put money into a risky asset in the hopes of making a bigger profit.

One don't need to be wealthy to get started; with the appropriate approach, you may become a millionaire or a multimillionaire in the stock market. Savings investing can be intimidating, especially whenever the market is erratic.

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Answer:

$7,282. 61

Explanation:

Payroll is 28% of revenue.

sales or revenue are expected to be $312,112 per year.

Payroll per year will be

=28% of $312, 112

= 28/100 x $312,112

=0.28 x 87,391.36

The monthly payroll budget should be

= $87,391.36 / 12

=$7,282.61

The Federal Reserve is often referred to as a "lender of last resort" because it serves as a source of liquidity for banks and other financial institutions in times of financial crisis.

In other words, it is the final option for financial institutions that cannot obtain funds elsewhere when they need to pay their obligations.The Fed plays a crucial role in maintaining economic stability and promoting growth through its monetary policy. The central bank utilizes several monetary tools to achieve this goal, such as changing the discount rate, adjusting reserve requirements, and buying or selling government securities.The Fed's role as a lender of last resort is critical during financial crises, as it helps to prevent bank runs and systemic failures. The central bank accomplishes this by providing financial institutions with access to short-term loans at the discount window. When a bank is unable to obtain funds from other sources, it can borrow from the Fed at the discount rate, which is generally higher than the federal funds rate, the rate at which banks lend to each other overnight.Lending to financial institutions is a key aspect of the Fed's monetary policy. It helps to maintain the stability of the financial system by ensuring that banks have access to funds when they need them. This, in turn, helps to promote economic growth and stability. Overall, the Fed's role as a lender of last resort is essential in ensuring that the US financial system remains strong and resilient in the face of crises.

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A 10-year term life insurance policy offers ten years of assured coverage. The insured's premium stays the same during this time. After ten years, the insurance policy expires.

By implication, your insurance will expire. Additionally, at the end of the term, the policy's death benefit coverage terminates.

Because term life insurance does not have a cash value like whole life insurance or universal life insurance, you often cannot cash out a term life insurance policy. A term life insurance policy is meant to offer protection for a predetermined amount of time, typically 20 or 30 years.

Therefore, With level premiums for a period of 10 to 40 years, term life insurance guarantees death benefits.

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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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The initial capital investment in a project requires a negative cash flow, while the salvage value from a project involves a positive cash flow.

When considering cash flows in a project, the initial capital investment represents the cash outflow required to start the project.

This investment includes costs such as purchasing equipment, setting up infrastructure, and acquiring resources. Since it involves an outflow of cash, the initial capital investment is considered a negative cash flow.

On the other hand, the salvage value of a project refers to the value of assets or equipment at the end of their useful life or at the end of the project.

This value is typically estimated based on the resale or salvage market value of the assets. When these assets are sold or their value is recovered, it represents a positive cash flow. Therefore, the salvage value is considered a positive cash flow.

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The two conditions that must exist for a sale and the related receivable to be recognized are the company has provided goods or services to the customer, and the collection from the customer is probable.

The term receivable refers to a payment that has not yet been received. This implies that the company must have provided its customers with a credit line. Typically, the company sells its goods and services in both cash and on credit.

A receivable is created whenever money is owed to a company for services rendered or products provided but not yet paid. This can be a sale on store credit to a customer, or a subscription or installment payment due after goods or services have been received.

Therefore, the company has provided goods or services to the customer and collection from the customer is probable should exist for a sale and the related receivable to be recognized.

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Price competition highlights the primary product difference as price. Prices regularly change, and merchants aggressively compete for customers' business.

Price competition is "commercial rivalry characterized by persistently lowering prices below those of rivals." When one rival lowers its price, others follow suit and do the same. A new round of price cuts will begin if any of them lowers their prices once more.

Price competition refers to the scenario in which businesses attempt to undercut the cost of comparable goods and services offered by rival businesses: Margin reductions are the outcome of fierce price rivalry in mind as well as large-sized markets.

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