production possibilities are linear. the annual market for ducks in the relevant shipping range is saturated at 4,160 ducks. treasure and gem enter into a trade agreement. according to the principle of comparative advantage, which company should produce which product and why?
Answers
Treasure should produce gems and gemstones. They should produce this product because they have a comparative advantage over ducks. The reason behind this is because of their production possibilities frontier.
A production possibilities frontier (PPF) is a curve that shows the maximum amount of goods and services that a country or firm can produce when it fully utilizes its productive resources.
When the production possibilities are linear, the opportunity cost of producing each good is constant. This means that to produce one more unit of a good, the production of the other good needs to be sacrificed.
Treasure and gem enter into a trade agreement, and according to the principle of comparative advantage, Treasure should produce gems and gemstones. They should produce this product because they have a comparative advantage over ducks.
The reason behind this is because of their production possibilities frontier. A production possibilities frontier (PPF) is a curve that shows the maximum amount of goods and services that a country or firm can produce when it fully utilizes its productive resources.
Comparative advantage is a principle that states that each country or firm should specialize in producing goods that they can produce more efficiently than other countries or firms. If a country or firm has a comparative advantage in producing a good, they can produce that good at a lower opportunity cost than other countries or firms.
According to the information given in the question, the annual market for ducks in the relevant shipping range is saturated at 4,160 ducks. This means that the market for ducks is limited, and it is not possible to produce more ducks to sell.
Therefore, Treasure should produce gems and gemstones because they have a comparative advantage over ducks. The reason behind this is that Treasure has a higher opportunity cost of producing ducks than gems and gemstones. On the other hand, Gem has a lower opportunity cost of producing ducks than gems and gemstones, so Gem should produce ducks instead of gems and gemstones.
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Related Questions
what is the potential for losing money in the stock market if an individual keeps their money invested for one year?
Answers
The prospect for financial loss You would have a larger than 1 in 4 probability of losing money if you made a placement in the stock industry for a year.
Apple, what kind of stock is that?As a large-cap stock that is part of the S&P 500 and has a significant market capitalization, Apple is usually as among top holdings of both large-cap index funds and S&P 500 index funds.
How can I purchase stock?The safest way to buy stocks is through a online stockbroker. After opening and funding your account, you may instantly buy stocks upon that investor's page.Other options include using a full-service stockbroker or buying shares from the company directly.
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Q2. 90% of flights depart on time. 80% of flights arrive on time. 75% of flights depart on time and arrive on time. Are the events, departing on time and arriving on time, independent?
Answers
Answer:
Events departing on time and arriving on time are NOT independent.
Explanation:
If two events A and B are independent, then
P(A and B) = P(A) * P(B)
Here
A = flights depart on time
B = flights arrive on time
P(A) = 0.90
P(B) = 0.80
If A and B are independent, then
P(A and B) = P(A) * P(B) = 0.9 * 0.8 = 0.72
Since
the observed value of P(A and B) is 0.75,
assuming that there are no observation errors, we conclude that the two events A and B are not independent.
fuzzy monkey technologies, incorporated purchased as a short-term investment $190 million of 8% bonds, dated january 1, on january 1, 2024. management intends to include the investment in a short-term, active trading portfolio. for bonds of similar risk and maturity the market yield was 10%. the price paid for the bonds was $169 million. interest is received semiannually on june 30 and december 31. due to changing market conditions, the fair value of the bonds at december 31, 2024, was $180 million. required: 1. to 3. prepare the relevant journal entries on the respective dates (record the interest at the effective rate). 4-a. at what amount will fuzzy monkey report its investment in the december 31, 2024 balance sheet? 4-b. prepare any entry necessary to achieve this reporting objective. 5. how would fuzzy monkey's 2024 statement of cash flows be affected by this investment? (if more than one approach is possible, indicate the one that is most likely.)
Answers
The net effect on the statement of cash flows would be an increase in cash inflows from operating activities by $15.2 million.
1) January 1, 2024:
Investment in Bonds (8% bonds at $169 million) $169,000,000
Cash $169,000,000
2) June 30, 2024 (Interest received):
Cash (8% x $190 million x 6/12) $7,600,000
Interest Revenue (8% x $190 million x 6/12) $7,600,000
3) December 31, 2024 (Interest received and fair value adjustment):
Cash (8% x $190 million x 6/12) $7,600,000
Interest Revenue (8% x $190 million x 6/12) $7,600,000
Fair Value Adjustment $11,000,000
Unrealized Gain on Investment $11,000,000
4-a). On the December 31, 2024 balance sheet, Fuzzy Monkey would report the investment at its fair value of $180 million.
4-b). To achieve this reporting objective, the following adjusting entry would be made:
Fair Value Adjustment $11,000,000
Unrealized Gain on Investment $11,000,000
5) Fuzzy Monkey's 2024 statement of cash flows would be affected as follows:
The interest received of $15.2 million ($7.6 million on June 30 and $7.6 million on December 31) would be reported as cash inflows from operating activities under the "Interest Received" category.
The fair value adjustment of $11 million would not impact the cash flows since it represents a non-cash unrealized gain.
Therefore, the net effect on the statement of cash flows would be an increase in cash inflows from operating activities by $15.2 million.
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Cash as of January 1, 2024: $169,000,000. Revenue from Interest: $7,600,000. $11 million was invested. $180 million in fair market value. $11,000,000 in unrealized gain on investment.
Bond investment (8% bonds at $169 million) as of January 1, 2024. $169,000,000
Cash $169,000,000
Interest accrued till June 30, 2024: Cash (8% x $190 million x 6/12) $7,600,000
Interest Income (8% times $190,000,000 divided by 6) $7,600,000
Cash (8% x $190 million x 6/12) as of December 31, 2024 (Interest received and fair value adjustment). $7,600,000
Interest Income (8% times $190,000,000 divided by 6) $7,600,000
Fair Value Modification $11,000,000
Unrealized Gain on Investment $11,000,000
Fuzzy Monkey would record the investment at its fair value of $180 million on the balance sheet as of December31, 2024.
Fair Value Modification $11,000,000
$11,000,000 in Unrealized Gain on Investment
The $15.2 million in interest received, which was split into payments of $7.6 million on June 30 and $7.6 million on December 31, would be recorded as cash inflows from operating activities under the "Interest Received" heading.
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Discuss the role of the father in attachment theory
Answers
Explanation:
Both parents are considered attachment figures in attachment theory, and the child-father attachment is autonomous from the child-mother attachment. Whereas mothers are commonly involved in caregiving and providing emotional refuge, fathers are particularly involved in play and exploratory undertakings.
18.internal stresses: for a horizontal simple span beam of length l that is loaded with a uniform load w, the maximum shear will:
Answers
The maximum shear will occur at the supports of the horizontal simple span beam when it is loaded with a uniform load.
For a horizontal simple span beam of length l that is loaded with a uniform load w, the maximum shear will occur at the supports or points of discontinuity. The internal stresses in a beam are affected by the distribution of the applied load and the support conditions.
In the case of a simple span beam loaded with a uniform load, the shear force is highest at the supports. At these points, the load is concentrated, causing the beam to experience maximum shear stress. As we move away from the supports towards the center of the beam, the shear force gradually decreases.
Therefore, the maximum shear will occur at the supports of the horizontal simple span beam when it is loaded with a uniform load.
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Which of the following shortcoming may be revealed during an IT security audit?
a.
whether the firewall is tall enough
b.
whether the users are satisfied with IT services or not
c.
whether only a limited number of people have access to critical data or not
d.
whether the IT budget is adequate or not
Answers
c. whether only a limited number of people have access to critical data or not. An IT security audit is conducted to assess the effectiveness of an organization's IT security controls and identify any vulnerabilities.
It aims to ensure the confidentiality, integrity, and availability of data and information within the organization.During an IT security audit, one of the key areas examined is the access control mechanism. This includes determining whether only authorized individuals have access to critical data and systems.
The audit evaluates whether appropriate user access controls are in place, such as user authentication, role-based access control, and least privilege principle. Any shortcomings in access control, such as excessive user privileges, inadequate authentication mechanisms, or lack of segregation of duties, can be revealed during the audit.
The other options mentioned in the question are not directly related to IT security audit shortcomings. The height of a firewall, user satisfaction with IT services, and the adequacy of the IT budget are important considerations but may not be specific shortcomings that an IT security audit focuses on.
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Issued shares of common stock to investors in exchange for $137,000 in cash. 2. Borrowed $44,000 by issuing bonds. 3. Purchased delivery trucks for $57,000 cash. 4. Received $14,000 from customers for services performed. 5. Purchased supplies for $4,700 on account. 6. Paid rent of $4,300. 7. Performed services on account for $11,700. 8. Paid salaries of $27,300. 9. Paid a dividend of $11.500 to shareholders. Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to Stockholders' Equity in the far right column. (ff a transaction couses a decrease in Assets, Llabllities or Stockholder' Equily, ploce a nesative sign (or porentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced, see lliustration 3−4 for example) Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to Stockholders' Equity in the far right column. (If a transaction couses a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Lability or Equity item that was reduced, see Mllustration 3−4 for example.)
Answers
1. Financial backers' worth augmentations from issuing.
2. Liabilities are raised by borrowing.
3. Assets are reduced by cash payments.
4. Assets are raised by customer payments.
5. Assets and liabilities rise.
How to determine the effect of the transaction on the accounting equation1. Given segments of typical stock for $137,000 | +$137,000 = +$137,000 | Extension in value from issuing stock
2. Procured $44,000 by issuing bonds | +$44,000 = +$44,000 | Extension in liabilities from issuing bonds
3. Purchased movement trucks for $57,000 cash | - $57,000 = $0 | Reduction in genuine cash and extension in assets (trucks)
4. Gotten $14,000 from clients for organizations performed | +$14,000 = +$14,000 | Development in assets (cash) from client portion
5. Purchased supplies for $4,700 on account | +$4,700 = +$4,700 | Extension in assets (supplies) and development in liabilities (loan boss liabilities)
6. Paid rent of $4,300 | - $4,300 = - $4,300 | Decrease in assets (cash) from rent portion
7. Performed organizations on address $11,700 | +$11,700 = +$11,700 | Development in assets (records of deals) from organizations performed
8. Paid pay of $27,300 | - $27,300 = - $27,300 | Lessening in assets (cash) from pay portion
9. Conveyed a benefit of $11,500 to financial backers | - $11,500 = - $11,500 | Decreasing in assets (cash) and decrease in value from benefit portion
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With what kind of vocabulary should a person be familiar for reading the balance sheet of a restaurant easily?
A.
the names of all the items on the restaurant menu
B.
finance-related words such as depreciation, capital expenditure, etc.
C.
restaurant-related terms such as banquet, buffet, etc.
D.
marketing terms such as product lifestyle, customer lifetime value, etc.
E.
advertising terms, such as brainstorming, captions, etc.
Answers
Answer:
Explanation:
For all Plato users.
Finance-related words such as depreciation, capital expenditure, etc. kind of vocabulary should a person be familiar for reading the balance sheet of a restaurant easily. Thus, option (a) is correct.
What is a balance sheet?A balance sheet is a financial statement that lists an organization's assets, liabilities, and shareholder equity. One of the three important financial statements a company's evaluation will focus on is the balance sheet. It was the obligations using its current assets.
The terms depreciation, capital outlay, liabilities, assets as well as equity, and revenue should all be understood by someone who works in finance. A person can comprehend the data in a restaurant's balance sheet and make decisions about the restaurant's financial health with the aid of these finance-related terms if they are familiar with them.
As a result, the significance of the kind of vocabulary should a person be familiar for reading the balance sheet of a restaurant easily are the aforementioned.
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Among ________, women and men shop on the Internet with equal frequency, and men tend to spend more per purchase transaction than women.
Answers
Answer:
web surfe\fer
Explanation:
gfuess
Discussion 1
In Lesson 1 and Lesson 2, you learned that price elasticities of
demand and supply are important for understanding the response of
consumers and producers to changing demand and supply co
Answers
Lesson 1 and Lesson 2 indeed emphasized the significance of price elasticities of demand and supply in analyzing the reactions of consumers and producers to fluctuations in demand and supply conditions.
Price elasticity of demand measures the responsiveness of the quantity demanded to changes in the price of a product. It indicates how sensitive consumers are to price changes. If demand is elastic, a small change in price will result in a relatively large change in quantity demanded. On the other hand, if demand is inelastic, quantity demanded will change minimally in response to price variations.
Understanding the price elasticity of demand helps businesses determine the potential impact of price changes on their sales revenue. For example, if demand is elastic, a price decrease may lead to a substantial increase in quantity demanded, thereby boosting total revenue. Conversely, a price increase in elastic demand may result in a significant decline in quantity demanded and lower revenue.
Price elasticity of supply, on the other hand, measures the responsiveness of the quantity supplied to changes in the price of a product. It indicates how sensitive producers are to price changes. If supply is elastic, a small change in price will cause a relatively large change in quantity supplied. In the case of inelastic supply, quantity supplied will change minimally in response to price fluctuations.
Understanding the price elasticity of supply helps businesses assess their ability to respond to changes in demand. If supply is elastic, producers can increase output significantly when prices rise, which helps stabilize prices. In contrast, if supply is inelastic, producers may struggle to increase output, resulting in price spikes during periods of increased demand.
Overall, price elasticities of demand and supply provide crucial insights into the dynamics of markets and help businesses make informed decisions about pricing, production levels, and market strategies.
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prime factorization of 1624
Answers
Answer:
1624 = 2, 4, 8, 7, 56, 29, 1624 divided by 2, 2, 2, 7, 29
Explanation:
start by dividing the number by the first prime number which is 2.and continue dividing. only can divide by prime numbers since it's prime factorization.
baldwin's balance sheet has $78,373,000 in equity. further, the company is expecting net income of 4,000,000 next year, and also expecting to pay $5,000,000 in dividends. if there is no new stock issued what will be baldwin's book value?
Answers
Baldwin's book value would be $77,373,000 considering no new stock is issued and accounting for net income and dividends.
Baldwin's book value can be determined by considering the equity, net income, and dividends. The equity represents the shareholders' ownership in the company and can be found on the balance sheet. In this case, Baldwin's equity is $78,373,000.
To calculate the book value, we need to account for the net income and dividends. Net income is the company's profit after deducting all expenses, taxes, and interest. Baldwin is expecting a net income of $4,000,000 for the upcoming year. This indicates the additional value that will be added to the equity.
However, we also need to consider the dividends that will be paid out. Dividends are a portion of the profits distributed to shareholders. Baldwin is planning to pay $5,000,000 in dividends.
Book Value = Equity - Dividends + Net Income
= $78,373,000 - $5,000,000 + $4,000,000
= $77,373,000
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Strategic planning requires ________________ to facilitate the process of assessing opportunities or threats from competitors.
Answers
Strategic planning requires marketing Analytics to facilitate the process of assessing opportunities or threats from competitors.
What is Marketing Analytics?Please note that this is the study of data to assess the performance of marketing activity.
It strives to uncover market-related insights from data and helps to:
stop or prevent continuous lossesuncover hidden opportunitiesevaluate competitionunder stand consumption patterns and triggers etc.Following from the full question which is attached, the correct answer is B.
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People often plan in business. Strategic planning requires development of an organizational mission statement to facilitate the process of assessing opportunities or threats from competitors.
What is Strategic planningStrategic planning is known to be a kind of organizational management activity that is often done to show priorities, base energy and resources, empowers operations, make sure that employees and the stakeholders are working hard in hand for common goals.
This kind of planning needs the growth or workings of an organizational mission statement to boost the act of looking for opportunities or threats from competitors.
Here, there are establish agreement centers on the intended outcomes or results, and look into and adjust the organization' management.
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Exercise 12-9 Allocating to smooth cost over varying levels of production LO 12-3 Production workers for Adams Manufacturing Company provided 330 hours of labor in January and 550 hours in February. Adams expects to use 4,000 hours of labor during the year. The rental fee for the manufacturing facility is $15,000 per month. Required Based on this information, how much of the rental cost should be allocated to the products made in January and to those made in February? (Do not round intermediate calculations.) Month Allocated Cost January
February
Answers
The allocation of rental cost depends on the proportion of labor hours used in each month and it can be calculated by multiplying the rental fee by the proportion of labor hours used in each month.
To allocate the rental cost to the products made in January and February, we need to first determine the proportion of total labor hours used in each month.
The total labor hours used in January and February are 330 and 550, respectively. The total labor hours for the year are expected to be 4,000.
Therefore, the proportion of labor hours used in January is 330/4,000 = 0.0825 or 8.25%. Similarly, the proportion of labor hours used in February is 550/4,000 = 0.1375 or 13.75%.
To allocate the rental cost, we can multiply the total rental fee of $15,000 by the proportion of labor hours used in each month.
The rental cost allocated to products made in January is $15,000 x 8.25% = $1,237.50.
The rental cost allocated to products made in February is $15,000 x 13.75% = $2,062.50.
Therefore, $1,237.50 of the rental cost should be allocated to the products made in January and $2,062.50 should be allocated to the products made in February.
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Why does the united states have limited to no trade with countries like cuba and venezuela?.
Answers
On September 4, 1961, partly in response, Congress handed the Foreign Assistance Act, a Cold War Act (among many different measures) that prohibited useful resource to Cuba and approved the President to impose a whole trade embargo towards Cuba.
What is the alternate relationship between the US and Cuba?U.S. diplomatic illustration in Cuba is handled with the aid of the United States Embassy in Havana, and there is a comparable Cuban Embassy in Washington, D.C. The United States, however, continues to preserve its commercial, economic, and economic embargo, making it unlawful for U.S. corporations to do enterprise with Cuba.
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Owen wants to start a tutoring business. He has a space rented and a lot of ideas, but he has no employees who can tutor the students. Which category of economic resource does he require?
labor
entrepreneurial ability
land
Answers
Answer:
entrepreneurial ability
Sorry, no one answered your question sooner, hope that helps.
labor <><><><><><><><><><><><>
before signing up with a private employment agency, you should
Answers
Before registering with a private employment agency, it is important to do some research and make sure that the agency is reputable and reliable. Here are some steps that you can take before registering:
Check the agency's reputation: Look up the agency online and read reviews from previous clients. This can give you an idea of the agency's level of service and whether they are trustworthy.
Verify the agency's licenses and certifications: Make sure that the agency is licensed and certified by the appropriate authorities in your state or country. This will ensure that the agency is operating legally and that they are held to certain standards of quality.
Ask about their job placement success rate: Find out the agency's track record of placing candidates in jobs. Ask for specific statistics such as the percentage of candidates who have found jobs through the agency, and how long it typically takes for candidates to find employment.
Find out about their fees: Ask the agency about their fees and what they include. Be sure to understand their payment schedule and any additional costs that may be associated with their services.
Check their policies on job offers and pay: Make sure that the agency has a clear policy on job offers and pay, including how and when they will communicate job offers to candidates, and what their pay policies are.
By taking these steps, you can ensure that you are working with a reputable and reliable private employment agency that can help you find the right job.
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Full Question ;
before registering with a private employment agency, be sure to_____
Scenario 3: Your first semester of college, you take out a small loan to help pay for books. Despite being busy, you get a part time job. Although you don't have to pay your loan back until you graduate, you've saved enough by the end of the semester and you will pay off the loan in full. Does your credit score go up or down? Why does it go up or down? If your score goes down, how can you fix it?
Answers
A credit score rating is based on a credit score report, statistics usually sourced from credit score bureaus.
What is a credit score?A credit score rating is a numerical expression primarily based totally on a degree evaluation of a person's credit score files, to symbolize the creditworthiness of an individual.
As per the information,
1. The loan taken here is an unsecured loan, therefore, the early payment of the loan will increase the credit card score.
2. In this case, the credit card score will go up as pre-payment of small and unsecured will have a positive impact on the credit card score. The score goes up and down based on your credit card purchase behavior.
3. If the credit card score goes down, it can be fixed by maintaining a healthy credit card utilization ratio.
hence, in this way, the credit card score issues can be resolved.
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An economy that using its resources to produce the maximum number of goods and services is described as? A. Efficient B.underutilized C.growing. D.trading off
Answers
Answer:
underutilized
Explanation:
Which of the following projects is most likely be used in STEM education to learn technology concepts?
test different sandbag materials that can help prevent flooding
investigate search engine criteria to improve search results
O analyze cleaning products to determine which ones are eco-friendly
conduct a scavenger hunt to see who can find the most geometric shapes
Answers
Answer:
investigate search engine criteria to improve search resultsExplanation:
Remember, the application of STEM implies using the knowledge found in the field of science, technology, engineering, and mathematics to carry out projects.
Since the focus is on learning technology concepts, the most likely, that is, the project that is closest to technology is investigating search engine criteria to improve search results.
The answer is:
A) investigate search engine criteria to improve search resultsthe principal of a mortgage loan is the
a. down payment minus the closing costs minus the purchase price
b. purchase price plus the closing costs minus the down payment
c. down payment plus the closing costs plus the down payment
d. purchase price minus the closing costs minus the down payment
Answers
The down payment less the closing charges less the purchase price is the mortgage loan's principle.
What does a mortgage look like in its simplest form?When you enter into a mortgage with a lender, you give the lender the right to seize the property if they are unable to make the loan amount back plus the interest. You might be able to get a mortgage loan that will enable you buy a new house using the worth of the an existing home as security.
Why do individuals use mortgages?Mortgage loans assist people in financing the purchase of real estate by taking a small portion of the property's overall worth as payment. How Do Mortgages Work A mortgage is a loan used to pay for the upkeep of a home, piece of land, or other kinds of rental properties.
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what learning options can i take part in during high school?
Answers
The garment industry is an example of which type of production?
Answers
Answer:
What are the different production systems used in the garment industry?
Mostly used production systems in the garment industry are as follows.
Make Through System. ...
Progressive Bundle System. ...
Section Production System. ...
Modular Production System. ...
One Piece Flow System. ...
Overhead Production System (UPS -Unit Production system)
Explanation:
i think might help
What happens to an inferior good when income decreases?
Answers
When incomes drop or the economy weakens, the demand for subpar goods rises. When this occurs, inferior good alternatives to more expensive goods are made available.
Explain about the inferior good?In economics, when income rises or the economy grows, the demand for subpar products declines.
Customers will be more likely to spend money on more expensive alternatives when this occurs. This change may be the result of various factors, such as quality or a movement in the socioeconomic level of the consumer.Everything that a consumer would purchase less of even with an independent certification of real income is considered an inferior item, which is the polar opposite of a normal good. They might also be connected to people who are typically from lower socioeconomic classes.In contrast, when earnings drop or the economy weakens, the demand for subpar goods rises.
Thus, when this occurs, less priced alternatives to more expensive goods are made available.
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Only a lawyer can help with estate planning. True or False?
Answers
Answer:
false
Explanation:
What is the difference between a savings account and a checking account? (Select all that apply.)
Savings accounts pay higher interest than checking accounts.
Deposits in savings accounts, not checking accounts, are used by a bank to invest.
Savings accounts have more restrictions than checking accounts.
Savings accounts are covered more by the FDIC than checking accounts.
Answers
A checking account is a bank account you can write checks from, or access several other ways, which tends to make it your go-to, daily transaction bank account. A savings account is where you stash funds that you aren't ready to use yet, often with the goal of accumulating more.
Which term best completes the outline?
?
economy
Economic freedom
Competition between businesses
Decisions motivated by profit
O A. Traditional
B. Mixed
C. Market
D. Command
Answers
Answer:
C. Market.
Explanation:
An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.
Hence, a region's or country's economy is largely dependent on how resources are being allocated and utilized, how many goods and services are to be produced, what should be produced, for whom they are to be produced for and how much money are to be spent by the consumers to acquire these goods and services.
Basically, there are four (4) main types of economy and these are;
I. Mixed economy.
II. Command economy.
III. Traditional economy.
IV. Free market economy.
A free-enterprise system also referred to as capitalism or free market can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, a free-enterprise system is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.
Simply stated, a free-enterprise system is a type of economy that is completely driven by demand and supply of goods and services.
The four (4) main elements or characteristics of a free enterprise system includes the following;
a. Profit: businesses are all out to generate revenue and profit through the sales of finished goods.
b. Economic freedom: means of production of goods and services are controlled by the people rather than the government. Thus, the producers are free to make their economic choices or decisions such as deciding on how much is to be charged on a product.
c. Private ownership of properties: the various factors of production are owned and allocated by the people. Thus, citizens have rights to the ownership and use of private property.
d. Competition: there are many buyers and sellers of homogeneous products, as well as free entry and exit in the market. Thus, consumers are free to make their economic choices or decisions such as deciding on which product to buy, which goods interest them, where to shop for goods, etc.
In conclusion, a market is characterized by the following economy;
I. Economic freedom
II. Competition between businesses
III. Decisions motivated by profit
is command
Explanation:
trust me
this problem requires you to develop a dynamic 12-month cash flow budgeting/forecasting tool. the months should be displayed as columns in the spreadsheet with the following inputs: • initial sales of $10,000,000 with forecasted monthly growth 3.5% • 35% of sales are collected in month of sale. • 20% of sales are collected the following month. • 25% collected 2 months later • 18% collected 3 months later • 2% never collected • initial cash balance of $250,000
Answers
The dynamic 12-month cash flow budgeting/forecasting tool, based on the provided inputs, can be implemented in a spreadsheet to calculate the monthly cash flow.
The resulting cash flow projection will help you manage your finances effectively.
To develop the cash flow budgeting/forecasting tool, follow these steps:
Step 1: Set up the spreadsheet:
Create a spreadsheet with twelve columns representing the twelve months.
Label the first column as "Month" and the subsequent columns as "Sales Month 1," "Sales Month 2," and so on.
Step 2: Enter the initial sales and monthly growth rate:
In the "Sales Month 1" cell, enter the initial sales amount of $10,000,000.
To forecast the sales for the subsequent months, multiply the previous month's sales by the growth rate (3.5%). For example, in "Sales Month 2," enter the formula "=Sales Month 1 * (1 + 3.5%)".
Copy this formula to the remaining cells in the sales column to calculate the forecasted sales for each month.
Step 3: Calculate cash collections:
Now, calculate the cash collections based on the provided collection percentages.
To simplify the calculations, assume that the sales for each month are evenly spread over the four collection periods (month of sale, following month, 2 months later, and 3 months later).
In the "Month of Sale Collection" column, enter the formula "=Sales Month * 35% / 4" for each month.
In the "Following Month Collection" column, enter the formula "=Sales Month * 20% / 4" for each month, offset by one month.
In the "2 Months Later Collection" column, enter the formula "=Sales Month * 25% / 4" for each month, offset by two months.
In the "3 Months Later Collection" column, enter the formula "=Sales Month * 18% / 4" for each month, offset by three months.
In the "Never Collected" column, enter the formula "=Sales Month * 2% / 4" for each month.
Step 4: Calculate cash inflows and outflows:
In the "Cash Inflow" column, sum up the collections for each month.
In the "Cash Outflow" column, you can include any expenses or costs for each month. If there are no specific expenses mentioned, you can exclude this column for now.
Step 5: Calculate the ending cash balance:
Start with the initial cash balance of $250,000 in the first month.
In the "Ending Cash Balance" column, subtract the cash outflows from the previous month and add the cash inflow for the current month.
Copy this formula to calculate the ending cash balance for each month.
Step 6: Format the spreadsheet:
Format the cells with appropriate currency formats and adjust the column widths for better visibility.
By following the steps above, you can develop a dynamic 12-month cash flow budgeting/forecasting tool.
This tool will help you project your cash inflows and outflows based on the initial sales, growth rate, and collection percentages provided.
It will allow you to analyze and plan your cash flow effectively, assisting in making informed financial decisions.
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another person or firm who legally pledges to repay some or all of the money loaned if the original borrower fails to do so is called a . warrantor cosigner guaranty codebtor
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Most people are aware that if a borrower misses a loan payment, a guarantor is liable for making up the difference. There are extra risks for the guarantor.
A loan guarantor is someone who.Account for payroll. A guarantor is someone who agrees to cover another person's debt in the event that they miss a payment on a loan. Being a guarantor is not only a formality to help the borrower; the guarantee is equally responsible for repaying the loan.
What does a cosigner for a loan do?A co-signer shares full responsibility for debt repayment with the original borrower. Frequently, a family member will co-sign for a loan. If the borrower defaults, the co-signer is accountable for paying any late fees.
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understanding the status and trends of an industry can be aided by ________.
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Understanding the status and trends of an industry can be aided by conducting market research. Market research involves collecting and analyzing data on customer preferences, market trends, and competitor strategies.
By gathering this information, businesses can gain insights into the current state of the industry, including customer demand, potential areas for growth, and potential challenges or threats. This can help businesses make informed decisions about their products, services, and marketing strategies.
In addition to market research, businesses can also stay up to date on industry trends by attending conferences and industry events, networking with other professionals in the field, and keeping a close eye on news and developments in the industry. By continuously monitoring the industry landscape, businesses can remain competitive and adapt to changing market conditions.
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