Trading activity in the market is driven by investors’ expectations regarding the future performance of the security.
Demand curve for investor B shifts upwards by $15:B: p = 165 - 9B
Quantity supplied = 300
For market clearing, aggregate demand = quantity supplied250 - 0.59A + 165 - 9B + 100 = 300
Simplifying,we get 515 - 0.59A - 9B = 0Solving for A and B, we get A = (515 - 9B)/0.59B = 11.5
The market price can be found by substituting B in the demand curve for B:
p = 165 – 9B
= 165 – 9*11.5 =
60.5
Therefore, the market price is $60.50Quantity demanded by A can be found by substituting the market price in the demand curve for A:
p = 100 – 0.59A60.5
= 100 – 0.59A
=> A = 56.78
The quantity demanded by B is 11.5
Quantity demanded by C is qc = 100
Trading activity in the market:
In situation 1, investor B expects the security to become more valuable, which causes a rightward shift of her demand curve by $15. This leads to a higher equilibrium price of $60.5.
The new price results in a lower quantity demanded by A and C and a higher quantity demanded by B.
As a result, A and C will reduce their purchases, while B will buy more shares.
Thus, trading activity in the market is driven by investors’ expectations regarding the future performance of the security.
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Which of the following would increase aggregate demand?
2. open the bakerytempl.xlsx and determine how much a bakery owes each supplier?
Chart of accounts. You will require one detailed balance sheet for year one and one that compares your first three years. Statements of pro forma income.
How is the cost of baking cookies determined?You must account for the following for each cake, cookie, or loaf of bread you prepare: how much ingredients cost. The price per serve. By multiplying the ingredient cost by the yield of the recipe, one can determine this.
What is the cost of baked goods?Establishing the cost of production is the first step in finding out how much to charge for your baked goods. You must account for the cost of ingredients when making each cake, cookie, or loaf of bread.
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A _____ is a specially packaged item that gives the purchaser a larger quantity at regular price.
a. sample
b. bonus pack
c. rebate
d. premium
A bonus pack is a specially packaged item that gives the buyer a larger quantity for the regular price. For example, a bonus package of detergent may contain double or triple the amount of detergent compared to a regular size package.
Bonus packs can be a great way for consumers to save money and get more for their money. Bonus packs can also have a longer shelf life than regular size packs, making them a great choice for households that use a lot of a particular product. Some products may even come with coupons or rebates, making them an even better value. Bonus packs are a great way to stock up on products and save money at the same time.
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What is the strategy called whereby lenders limit the number of loans based on the racial makeup of a neighborhood?
Answer:
Redlining
Explanation:
Redlining is the strategy called whereby lenders limit the number of loans based on the racial makeup of a neighborhood
Redlining which can also be referred to as illegal discriminatory practice , it is been practiced by federal government agencies, local government whereby some kind of race or set of people are been denied loans by lender or issurers on the ground of racial basis.
Redlining is not limited to financial set up, other services such as health care also experience this
In negative self talk, filtering is when a person _______. a. Focuses only on their problems, ignoring their successes b. Blames themselves for every problem, whether it was their fault or not c. Believes that every situation will end badly d. See themselves as a failure for not living up to impossible standards
Answer:
In negative self talk, filtering is when a person Focuses only on their problems, ignoring their successes
Explanation:
In negative self talk, filtering is when a person is being negative filtering positive stuff and turning it to something negative instead.
For example if someone passes a test but instead of being proud they feel as if they could have tried harder or gotten a higher grade, that person is filtering their success into negative things.
Hope this helps, Have a great day! :D
In negative self-talk, filtering is when a person focuses only on their problems, ignoring their successes. Thus, option A is the correct option.
What is negative self-talk?When your inner voice is too critical and negative, it is said to be engaging in negative self-talk. It is gloomy and emphasizes the negative. Your self-esteem is damaged, and you are prevented from realizing your potential. It might give you the impression that you will fail even before you begin. Repetitive negative self-talk frequently doesn't correspond to reality.
Rumination, which is repeated with intrusive unpleasant thoughts, might result from it. You will experience negative thoughts about yourself most of the time. This might get you down, and it can be difficult to get back up once you're down. People with anxiety or depression frequently exhibit negative self-talk. It might be overwhelming and impossible to escape from the incessant negative talk.
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Baako Ltd purchase motor vehicle as follows date 01/01/13 800,000$,01/01/13 400,000$,01/04/15 600,000. The company adopts straight line method of depreciation at the rate 10% per annum from the date of purchase separate account is prepared for provision for depreciation. On 30th June, 2014 the motor vehicle which was purchase on 1st July was sold for 24,000$. You are required to prepare (a) motor vehicle account for the years 2013,2014 and 2015. (b) motor vehicle disposal account.
Baako Ltd purchase motor vehicle as follows date 01/01/13 800,000$,01/01/13 400,000$,01/04/15 600,000. The company adopts straight line method of depreciation at the rate 10% per annum from the date of purchase separate account is prepared for provision for depreciation. On 30th June, 2014 the motor vehicle which was purchase on 1st July was sold for 24,000$. You are required to prepare (a) motor vehicle account for the years 2013,2014 and 2015. (b) motor vehicle disposal account.
The roles of ___, ___, and ___ are critical for managers in nonprofit organizations.
The roles of spokesperson, leader, and resource allocator are critical for managers in non-profit organizations.
What are management's responsibilities in non-profit organizations?The four main areas of planning, organizing, leading, and controlling are how management gurus have divided up management's tasks. The management of nonprofits requires special attention to each area.
How are non-profit organizations run?The nonprofit industry, by definition, works toward humanitarian ends. Because they lack formal hierarchies and managerial structures, many nonprofit organizations are loosely structured and frequently volunteer-driven.
Which managers are critical to advancing innovation?Middle managers are essential for fostering innovation and empowering businesses to adapt quickly to changing conditions. a manager who is in charge of a certain project at work that brings together staff from different levels and functions of the company.
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Which statement assesses the impact of the consumer revolution in the 1750s and 1760s?
A. American colonies sold less and less to England.
B. Wealth inequality decreased as a result.
C. American colonies incurred a trade deficit.
D. Farm prices dropped precipitously.
The statement that assesses the impact of the consumer revolution in the 1750s and 1760s is C, which states that American colonies incurred a trade deficit.
The consumer revolution in the 1750s and 1760s was a period of increased consumerism, where people were buying more goods and services than ever before. This led to an increase in demand for goods, which resulted in increased imports from other countries. The American colonies were heavily dependent on trade with England, and as a result of the consumer revolution, they incurred a trade deficit as they were importing more goods than they were exporting.
The impact of the consumer revolution on the American colonies was significant, as it led to a change in the economic landscape. While the increase in demand for goods created opportunities for merchants and manufacturers, it also highlighted the economic dependence of the colonies on England. The trade deficit incurred as a result of the consumer revolution meant that the colonies were not able to sustain themselves economically and were reliant on England for trade and support. This created tensions that eventually led to the American Revolution.
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What do you think are the most important components of budgeting? Why?
Answer:
I would have to say figuring out ur cash flow where its going after u earn it and making sure u keep track of ur savings
Explanation:
a) Explain the first two (2) steps in Cross Industry Standard Process of Data Mining (CRISPDM) b) Discuss if the following activities are a data mining task. i) Monitoring and predicting failure of hydropower plant. ii) Dividing the customers of the company according to their profitability. c) Dataset with missing values is common problem faced by the data miners. State two (2) methods to handle this problem and explain.
a) The first two steps in the Cross Industry Standard Process of Data Mining (CRISP-DM) are:
1. Business Understanding: In this step, the focus is on understanding the business objectives, goals, and requirements of the data mining project. It involves defining the problem statement, identifying the relevant stakeholders, and determining the project's scope. The key questions to answer in this step include: What is the business problem we are trying to solve? What are the goals and objectives of the project? What are the constraints and limitations?
2. Data Understanding: Once the business objectives are clear, the next step is to gather and understand the available data. This involves identifying the relevant data sources, collecting the data, and performing initial data exploration and analysis. The goal is to gain insights into the data, understand its structure, quality, and completeness, and assess its suitability for the data mining project. This step helps in identifying data quality issues, missing values, outliers, and understanding the variables and their relationships.
b) i) Monitoring and predicting the failure of a hydropower plant can be considered a data mining task. Data mining techniques can be applied to historical data collected from the hydropower plant to identify patterns, anomalies, and indicators of failure. By analyzing sensor data, maintenance logs, and other relevant data sources, data mining models can be built to predict potential failures, enabling proactive maintenance and minimizing downtime.
ii) Dividing customers of a company according to their profitability can also be considered a data mining task. By analyzing customer transaction data, purchasing patterns, and other customer-related variables, data mining techniques can be applied to segment customers into groups based on their profitability. This can help in identifying high-value customers, understanding their characteristics, and tailoring marketing strategies to maximize customer value.
c) Dealing with missing values is a common challenge in data mining. Two methods to handle this problem are:
1. Deletion: In this method, the incomplete rows or columns containing missing values are removed from the dataset. If the missing values are random and do not introduce significant bias into the analysis, this approach can be effective. However, it can result in a loss of valuable data and may not be suitable if the missing values are systematically related to the target variable or other important variables.
2. Imputation: Imputation involves filling in the missing values with estimated or imputed values. This can be done using various techniques such as mean imputation, median imputation, mode imputation, or regression imputation. The choice of imputation method depends on the nature of the data and the underlying assumptions. Imputation helps in retaining the complete dataset and can provide more accurate results if done appropriately. However, it introduces uncertainty and potential bias if the imputation process is not properly handled.
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on january 1, 2024, j. golden corporation granted an employee an option to purchase 6,000 shares of j. golden's $5 par common stock at $20 per share. the options became exercisable on december 31, 2025, after the employee completed two years of service. the option was exercised on january 10, 2026. the market prices of j. golden's stock were as follows: january 1, 2024, $30; december 31, 2025, $50; and january 10, 2026, $45. an option pricing model estimated the value of the options at $8 each on the grant date. for 2024, j. golden should recognize compensation expense of:
Golden should account for the $24,000 in compensatory costs.
An expense for compensation is what?Costs associated with hiring, salaries, payroll taxes, benefits, and bonuses are considered compensation costs. This expense typically contributes significantly to a firm's operating costs, which has an impact on the profitability of the company. The size of the organization, the industry, and the job description all affect compensation plans.
compensation expenses calculated?
To calculate wage-based compensation expense factor, take the total compensation amount and divide it by your organization's total operating budget. That number is the percentage of your operating expenses dedicated to compensation
Compensation expense for 2024 =
Number of share in option *value of
option per share * Time spent / vesting period
Compensation expense for 2024 = 6000
* 8 * 1 / 2 = 24000
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Project methodology specifies the stages of a project life cycle. Often the start of each stage or phase is called a ______ where a decision is made to move on, hold, or cancel the project.
a. milestone
b. initiation
c. gate
d. kick-off
In project methodology, the start of each stage or phase is often referred to as a "gate."
A gate represents a point in the project life cycle where a decision is made regarding whether to proceed to the next stage, hold the project temporarily, or cancel it altogether.
It serves as a checkpoint or evaluation point where project stakeholders assess the progress, quality, and feasibility of the project before committing to the next phase.
During a gate review, project managers and relevant stakeholders review key deliverables, milestones, risks, and other factors to determine if the project is on track and if it should proceed further. This decision-making process helps ensure that resources are allocated efficiently, risks are properly managed, and the project aligns with the organization's objectives.
Therefore, the term "gate" accurately describes the point in the project life cycle where decisions are made regarding the project's continuation or potential changes.
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Since there are mudslides within Pismo Beach along the Pacific Coast Highway during your drive from Los Angeles to San Francisco, you head north on I-5 to reach San Francisco. Although the odds of a mudslide being substantially reduce, higher traffic on I-5 increases the risk of a motor vehicle accident. Since risk is always present, which of the following condition is taking place?
A. Denying the risk
B. Sharing the risk
C. Avoiding risk altogether
D. Accepting the risk
The condition that is present is one where you are D. accepting the risk.
Accepting risk means that one knows that there is a certain amount of risk in doing something and instead of avoiding it, finds a way to deal with the situation regardless of the risk involved.
This is more likely when the risk of something happening is always present such that the activity is hard to avoid.
The subject in this scenario has accepted that there will be risk in being involved in a motor vehicle accident by taking the I-5 but still decides to take the road anyway instead of avoiding it because they believe that they will find a way to avoid the accidents.
They are therefore accepting risk.
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Help!
Which federal agency oversees how clean and how appropriately a restaurants prepare and store foods?
Answer:
FDA's Center for Food Safety and Applied Nutrition (CFSAN) seeks to ensure that these foods are safe, sanitary, nutritious, wholesome, and honestly and adequately labeled.
Explanation:
Which of the following statements is most true of order-getting salespeople?
A They seek out possible buyers and use an organized, creative
approach to present messages.
B. They call on buyers further down the marketing channel than their
company's own customers.
C. They focus on completing sales accurately and courteously.
D. Their role is a less expensive kind of selling than order taking.
Answer:they seek out possible buyers and sue an organized creative approach to present messages
Explanation:
The following statements are most true of order-getting sales people They seek out possible buyers and use an organized, creative. Thus option (A) is correct.
What is Sales?
A sale is an agreement between a buyer and a seller in which the seller exchanges money for the sale of tangible or intangible products, assets, or services. There are two or more parties involved in a sale. A sale, or a contract between two or more parties, such as the buyer and seller, can be thought of in larger terms.
The following statements are most true of order-getting salespeople They seek out possible buyers and use an organized, creative.
Therefore, Thus option (A) is correct.
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An EOQ model primarily works for controlling the independent demand inventory. This statement is _____________.
TRUE or FALSE
A quality circle makes their decisions based on a majority opinion and thus does not require consensus. This statement is ___________.
TRUE or FALSE
Six sigma is the quality improvement methodology that aims to reduce defect (or quality failure) levels below 3.4 % (percentage) out of one million opportunities (or products). This statement is ___________.
TRUE or FALSE
a. "An EOQ model primarily works for controlling the independent demand inventory" is true. b. "A quality circle makes their decisions based on a majority opinion and thus does not require consensus" is false. c. "Six sigma is the quality improvement methodology that aims to reduce defect (or quality failure) levels below 3.4 % (percentage) out of one million opportunities (or products)" is true.
1. An EOQ model primarily works for controlling the independent demand inventory. This statement is true.
The Economic Order Quantity (EOQ) model is a widely used inventory management technique that helps determine the optimal order quantity for a product. It is primarily designed to control and manage inventory for items with independent demand, which means their demand is not influenced by the demand for other products. The EOQ model considers factors such as the ordering cost, holding cost, and demand rate to calculate the order quantity that minimizes the total cost of inventory.
2. A quality circle makes their decisions based on a majority opinion and thus does not require consensus. This statement is false.
A quality circle is a small group of employees within an organization who come together voluntarily to identify, analyze, and solve work-related problems or improve work processes. The decision-making process in a quality circle typically involves discussion, analysis, and consensus-building rather than relying solely on a majority opinion. Consensus implies that all members agree and support a decision or solution reached by the group. The aim of a quality circle is to encourage participation, teamwork, and shared responsibility, which often involves reaching a consensus decision that aligns with the collective agreement of the members.
3. Six Sigma is the quality improvement methodology that aims to reduce defect (or quality failure) levels below 3.4% (percentage) out of one million opportunities (or products). This statement is true.
Six Sigma is a quality management approach that focuses on process improvement and reducing variations in output by systematically identifying and eliminating defects or errors. The goal of Six Sigma is to achieve a level of quality where the defect rate is extremely low, aiming for no more than 3.4 defects per million opportunities (DPMO). This translates to a defect rate of 0.00034% or a process yield of 99.99966%. Six Sigma methodology utilizes statistical tools, data analysis, and structured problem-solving techniques to identify the root causes of defects and implement improvements to achieve higher quality and efficiency in processes.
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A big project budgeted at $20 million is running over budget by $1 million and behind schedule by four months at the 50% stage of the project. Who has the primary responsibility to solve the problem
The person with the primary responsibility to solve the budget overrun and behind-schedule performance is b: The Project Manager.
Who is a Project Manager?A project manager is a professional who organizes, plans, and executes projects under tight budgets and schedules.
The roles of the project manager include:
Planning and defining goalsOrganizing and leading teamsDirecting projectsCommunicating with stakeholdersEnsuring timely delivery of projects, on budget, and within scope.Answer Options:a: The Project Champion
b: The Project Manager
c: The Project Management Office Manager
d: Senior Management
Thus, the person with the primary responsibility to solve the budget overrun and behind-schedule performance is b: The Project Manager.
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Pat and his friend rent an apartment together. Their total cost to move in included first month's rent, last month's rent and a security deposit of $600. If Pat paid a total of $1,050 to move in, how much is his share of the rent each month?.
Pat and his friend rent an apartment together. Their total cost to move in included the first month's rent, last month's rent, and a security deposit of $600. If Pat paid a total of $1,050 to move in,
Explanation: We know that he and his friend rent an apartment together. Their total cost to move in included the first month's rent, last month's rent, and a security deposit of $600.Pat paid a total of $1,050 to move in. We have to find Pat's share of the rent each month. We will begin by calculating the total amount of rent they paid to move in. It is calculated by subtracting the security deposit from the total amount paid to move in. So, Total rent paid = Total amount paid - Security deposit= $1,050 - $600= $450Now, we know that the total rent for the apartment is split between Pat and his friend. Therefore, we can divide the total rent by two to find each of their shares:$450 ÷ 2 = $225Therefore, Pat's share of the rent each month is $225.
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Grant started a business this year. He earned $200,000 in revenues and had $150,000 in expenses. His other alternative would have been to go back to his old job, where he earned $70,000. What are Grant's "true" profits from his business
Answer:
Profit from the business = $50000.
Explanation:
Total revenue from the business = $200000
The total cost that occurred in business = $150000
Now we have to calculate the true profit from the business. So, it can be calculated by subtracting the total cost from the total revenue.
Below is the formula to find the profit.
Profit = total revenue – total cost
Now insert the given values in the formula.
Profit from the business = $200000 - $150000
Profit from the business = $50000
The amount of Grant's "true" profits from his business is $50000. Profits are termed as the total revenues that the firm earns on selling the produced goods and services.
Given information are:
Total revenue from the business = $200000
The total cost that occurred in business = $150000
Computation of profit:
Profit = Total Revenue- Total Cost
Profit = $200000- $150000
Profit = $50000
Therefore, the amount of profit the company earned is $50000.
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The statute of frauds does not apply to contracts that involve the sale of a land interest. true false
It is false that the statute of frauds does not apply to contracts that involve the sale of a land interest.
What is fraud?This refers to willful act of taking advantage of others through a dubious or deceptive manner.
Fraud means intentional unlawful deception by making false statements to be able to gain something valuable.
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Mark Adler earned $1,963. 71 salary per month as an assistant technician at a recording studio. His new job pays $9. 80 per hour with time and a half for all hours over 40 hours per week. How many hours of overtime per week will he have to work to earn the same amount per week at his current job?
To earn the same amount per week at his current job, Mark Adler needs to make $1,963.71 / 4 = $490.93 per week.
Let's first calculate Mark's regular hourly rate at his new job:
$9.80 per hour x 40 hours = $392.00 per week
To earn the remaining amount he needs, Mark must work overtime at a rate of time and a half:
$490.93 - $392.00 = $98.93 per week
$98.93 / 1.5 = $65.95 per week
Mark needs to earn an additional $65.95 per week through overtime.
Since Mark's regular hourly rate is $9.80 per hour, his overtime rate would be $9.80 x 1.5 = $14.70 per hour.
Thus, Mark needs to work overtime for $65.95 / $14.70 per hour = 4.49 hours per week, which we can round up to 5 hours per week. Therefore, he needs to work 5 hours of overtime per week to earn the same amount at his new job as he did at his old job
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Monsanto sells genetically modified seed to farmers. It needs to decide how much seed to put into a warehouse to serve demand for the next growing season. It will make one quantity decision. It costs Montanso $8 to make each kilogram (kilogram) of seed. It sells each kilogram for $45. If it has more seed than demanded by the local farmers, the remaining seed is sent overseas. Unfortunately, it only earns $3 per kilogram from the overseas market (but this is better than destroying the seed because it cannot be stored until next year). If demand exceeds its quantity, then the sales are lost—the farmers go to another supplier. As a forecast for demand, it will use a normal distribution with a mean of 300,000 and a standard deviation of 100,000. Use Table 13.4.
Monsanto should put 344,000 kilograms of seed into the warehouse to improve the expected profit.
The costs Montanso = $8
Selling price = $45
Overseas market price = $3 per kilogram
Mean = 300,000
Standard deviation = 100,000
The profit function is given by:
Profit = Revenue - Cost
Profit = (Price sold x Quantity sold) - (Cost x Quantity produced)
Expected Profit = P(Demand < Q) * Profit when demand is less than Q + P(Demand >= Q) * Profit when demand is greater than Q
Expected Profit = P(Z < (Q-300,000)/100,000) * ((45 * min(Q, 300,000)) - (8 * Q)) + P(Z >= (Q-300,000)/100,000) * ((45 * Q) + (3 * max(0, (300,000-Q))))
Expected Profit = (45 - 8) * P(Z < (Q-300,000)/100,000) - (45 - 3) * P(Z >= (Q-300,000)/100,000) = 0
37 * P(Z < (Q-300,000)/100,000) = 42 * P(Z >= (Q-300,000)/100,000)
P(Z < (Q-300,000)/100,000) = 42/79
(Q - 300,000)/100,000 = 0.44
Quantity = 344,000 kilograms
Therefore, we can conclude that Monsanto should put 344,000 kilograms of seed into the warehouse to improve the expected profit.
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If you have $600 and you find an investment that annually yields 3%, how much interest would you earn in 15 years?
Answer:
$270.00 in 15 years
Explanation:
3% of $600 = $18.00 annually
$18.00 x 15 years = $270.00 interest earned
How Well Do You Understand Yourself? Decisions
Marissa and raj are equal general partners in a business. They are content with their current management and tax situation but are uncomfortable with the idea of unlimited liability. If they wish to remain as the only two owners of the business, which form of business entity should they consider to replace their current arrangement?.
If they hope to keep enjoying their tax status but without unlimited liability, they should set up a limited liability company.
Features of a limited liability company. Partner liability is only limited to amount invested. Allows between two and more than a thousand partners.If Merissa and Raj set up a limited liability company, they will no longer be bound by unlimited liability and can be the sole owners of the company.
In conclusion, they should set up a limited liability company.
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In two or three sentences, briefly describe how your work values relate to the career
planning process.
Your work values relate to the career planning process as they are what motivate you in order to work and contribute to your overall work satisfaction and success.
A person's work values are the subset of their fundamental beliefs and ideas, which also includes the core principles that are an important part of who you are. This includes things like service, honesty, self-respect, respect for others, and success.
So work values tend to be related to the career planning process as these values tend to motivate one in order to work. Thus, such values can influence your career path and job satisfaction. Also, when a person is conscious of these core values it helps to find a job which brings joy.
Hence, work values are related to the career planning process.
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The price of orange juice falls from $2.49 a jug to $1.99 a jug. (1) Explain whether the demand curve for apple juice will shift left, shift right, or if there is only movement along the demand curve for apple juice.
Answer:
there is only movement along the demand curve for apple juice.
Explanation:
The demand curve shows the graphical relationship between the price of a good or service and the quantity demanded at each point in time. It shows the quantity demanded at each price. There is an inverse relationship between price and quantity demanded, as the price increases the quantity demanded reduces (but demand itself stays the same) while If the price decreases, quantity demanded increases.
The price of orange juice falls from $2.49 a jug to $1.99 a jug, the demand curve remains the same, but there is only movement along the demand curve for apple juice.
you recently finished an essay on the milky way galaxy in google docs, but you can’t locate the file anywhere on your Google Drive. What should you do?
Answer:
Google docs
Explanation:
Have you checked your files on your google docs or if they aren't there try searching for them on your phone.
Answer:
In Google Drive, enter a keyword in the search bar and press Enter. A list of files and folders matching your keyword search appears.
Select a folder or any type of file. ...
You can also select a folder or a Google file, right-click and select Show file location
Somerville Street Company borrows $972,050 by issuing an 8%,7-year note on January 1,2018. Somerville Street must make payments of principal and interest every 6 months beginning June 30,2018 . The note will be fully paid at maturity on December 31, 2024. The company's fiscal year ends on December 31 . Read the requirements. Requirements a. Prepare the journal entry to record the issuance of the note payable. b. Prepare an amortization table for the note payable issue through December 31 , 2020. c. Prepare the journal entry to record payments for the first year. d. What is the amount of the note payable on the balance sheet at December 31 , 2018? What is the interest expense for the year?
Journal entry to record the issuance of the note payable: There are a few things we need to take care of before we record the journal entry for the issuance of the note payable.
Here are some of the things that we need to keep in mind: Somerville Street Company is issuing an 8%, 7-year note on January 1, 2018. The company's fiscal year ends on December 31. They must make payments of principal and interest every 6 months beginning June 30, 2018. The note will be fully paid at maturity on December 31, 2024.Now that we have taken these things into consideration, let's move on to the journal entry. We will make the following entry: Cash - $972,050 Note Payable - $972,050. Amortization table for the note payable issue through December 31, 2020:The next thing that we need to do is prepare an amortization table for the note payable that will go through December 31, 2020. We can create the following table:
Date Interest Payment Principal Balance January 1, 2018 $6,160 $972,050June 30, 2018 $38,523 $64,342 $25,819 $946,231December 31, 2018 $37,690 $64,342 $26,652 $919,579June 30, 2019 $36,738 $64,342 $27,604 $891,975December 31, 2019 $35,648 $64,342 $28,694 $863,281June 30, 2020 $34,414 $64,342 $29,928 $833,353December 31, 2020 $33,027 $64,342 $31,315 $802,038
The total interest expense on the loan for the period from January 1, 2018, through December 31, 2020, is $219,180. As of December 31, 2020, the outstanding principal on the loan is $802,038.
The amortization table provides a record of the amounts of principal and interest that make up each payment, the amount of principal that has been repaid, and the remaining principal balance. The balance sheet shows the amount of the note payable on the balance sheet at December 31, 2018, was $946,231. The interest expense for the year was $37,690.
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A 3rd degree burn has burnt only part of the epidermis. the epidermis only. the epidermis and dermis. the epidermis and part of the dermis.
A 3rd degree burn has burnt the epidermis and part of the dermis. Option 3 is the correct answer.
A 3rd degree burn is a severe burn that extends through the entire thickness of the skin. In a 3rd degree burn, the epidermis, which is the outermost layer of the skin, and part of the dermis, which is the layer beneath the epidermis, are affected. This type of burn destroys the full thickness of the epidermis and can extend into the deeper layers of the dermis.
The epidermis serves as a protective barrier for the body, preventing the entry of harmful substances and pathogens. It also helps regulate body temperature and plays a role in the production of vitamin D. The dermis provides structural support, contains blood vessels, nerve endings, sweat glands, and hair follicles.
Due to the severity of the injury, 3rd degree burns often require medical intervention and specialized treatment. They can result in extensive tissue damage, loss of sensation, and impaired healing. Treatment may involve surgical interventions, such as skin grafting, to promote healing and minimize the risk of infection. Rehabilitation and long-term care are often necessary to manage the physical and psychological effects of a 3rd degree burn.
Hence, option 3 is the right choice.
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