The purpose of the article was to investigate the relationship between grit and success in various domains. The rationale for conducting this study was to gain a deeper understanding of the underlying factors that contribute to success. The theories or theoretical assumptions made in the study are based on the concept of grit.
1. The purpose of the article was to investigate the relationship between grit (perseverance and passion for long-term goals) and success in various domains. The study aimed to identify if grit is a significant predictor of success and if it has a stronger correlation compared to other factors, such as intelligence.
2. The rationale for conducting this study was to gain a deeper understanding of the underlying factors that contribute to success. Previous research had predominantly focused on intelligence, and this study aimed to explore the importance of non-cognitive factors, such as grit, in predicting success.
3. The theories or theoretical assumptions made in the study are based on the concept of grit, which is defined as a combination of perseverance and passion for long-term goals. The study assumes that grit is an important factor in determining success and may have a stronger correlation than intelligence alone.
4. The academic disciplines represented or discussed in the introduction include psychology, education, and sociology. The study draws upon research from these fields to establish the foundation and context for the research on grit.
5. The narrator or the author could have had a disciplinary bias in telling the story by primarily focusing on the importance of grit, which could have led to an overemphasis on this factor. Other variables or factors that may also play a role in determining success, such as socioeconomic status, family background, or cultural factors, could have been left out or not thoroughly discussed in the study.
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Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called Group of answer choices auditing. economics. finance. accounting.
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.
Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.
While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.
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Which of the following refers to business activities that change the accounting equation?
A) transactions
B) liabilities
C) purchases
D) on account
Answer:
A
Explanation:
The orange farming industry is perfectly competitive and is initially in long-run equilibrium, and the price of each orange is $0.20. Now suppose that the price of fertilizer rises, increasing the marginal and average total cost of producing oranges by $0.10. In the long run:_______.
Based on the marginal and average total cost rising, we can conclude that in the long run firms will leave the industry.
Why would they leave the industry?Firms will exit a competitive industry when the price is below the marginal cost.
In this case, the price was $0.20 and the marginal cost increased by $0.10. If we take into account, the original marginal cost which has now increased, the new marginal cost will most probably be higher than the price.
Firms will then leave the market to avoid losses.
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Marcus is in seventh grade. He has decided that he wants to go to college when he graduates from high school. What are the best things Marcus can do to help pay for his college education? Select all that apply.
Marcus could open a savings account and start saving money.
Marcus could ask his neighbors to help pay his college tuition.
If possible, Marcus’s parents could help him pay for his college expenses.
Marcus could ask the college to let him attend for free.
Marcus could drop out of high school, get a job, and save his tuition first.
Answer:
Marcus could open a savings account and start saving money
If possible, Marcus’s parents could help him pay for his college expenses.
Explanation:
Answer:
Its A and C
Explanation:
Kim has worked in the tech industry for some time and would like to start consulting. in opening her new business, she will need equipment. she needs to purchase 3 laptops, 2 desktop computers, and a fax machine. each laptop costs $546.78, each desktop computer costs $1,255.99, and the cost of the fax machine is $125.99. she currently has $3,500 in her savings account. determine if kim has enough in her savings account to cover the expenses of her new company, and if she doesn't have enough, determine the amount needed to cover the cost.
After expenses, Kim will need an additional $778.31 to cover the cost and start her new company.
What is an expense?An expense is the cost of operations incurred by a business in order to generate revenue.
It is given in the question that Kim needs to purchase 3 laptops, 2 desktop computers, and a fax machine.
Cost of 1 laptop = $546.78
∴ Cost of 3 laptops = 3×546.78 = $1,640.34
Cost of 1 desktop = $1,255.99
∴ Cost of 2 desktop =2×1,255.99 = $2,511.98
Cost of 1 fax machine = $125.99.
The total cost for Kim =$( 1,640.34+2,511.98+125.99) = $4278.31
As, Kim has $3,500 in her savings account.
The additional amount needed to start business:
$4278.31-$3,500 = $778.31
Therefore, after expenses, Kim will need an additional $778.31 to start her new company.
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Which type of data do researchers collect the personal interviews?
Answer:
The correct answer is "Face-to-face interviews".
Explanation:
Face-to-face surveys or interviews are an important way of gathering information used throughout survey methodology. Throughout these interviews, research teams are collecting location information from participants across one cooperation or bonding. This method of collecting information seems to be unique or even just highly personalized.Answer: unstructured or informal in nature
Explanation:
took it on edmentum
Amir is working on making paper snowakes to decorate his room. He has timed himself and noticed that he takes 5 minutes to make each snowake. If he has an hour and a half before bedtime, how many snowakes will he be able to make?
Based on the time taken to make one snowflake, the number of snowflakes that Amir can make in an hour and half is 18 snowflakes.
How many snowflakes can Amir make?First convert the hours to minutes:
= 1 hour 30 minutes
= 1 + 30/60
= 1.5 hours x 60 minutes in an hour
= 90 minutes
Each snowflake takes 5 minutes to make:
= 90 / 5
= 18 snowflakes
In conclusion, Amir will have made 18 snowflakes.
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Identify the parties impacted by the quality and rigor of an organization's corporate governance. What responsibilities do corporate executives have to those parties?.
The parties affected by the quality and rigor of an organization's corporate governance are the company's stakeholders, that is, its group of employees, investors, customers and the community.
The responsibilities of corporate executives with their stakeholders is to promote development and generate value through their practices, products and services.
Corporate governance encourages the development of an ethical internal environment supported by practices that benefit the development of the company's macro environment, such as environmental protection practices and social development programs.
Therefore, a company that adopts corporate governance is capable of creating value for stakeholders, increasing the transparency of its processes and reliability, generating greater positioning and competitiveness.
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Select the correct answer.
Dorothy works as an accountant for a successful advertising firm. While recording financial transactions, Dorothy keeps rechecking the figures in
order to avoid misstating assets and liabilities. Which element of internal accounting controls relates to Dorothy's method?
Answer:
B. risk assessment
Explanation:
what is customer surplus?
Answer:
Customer surplus is the difference between the amount a customer is willing to pay for a good or service and the amount they actually pay. It is a measure of consumer benefit and is used to measure the economic welfare of a market.
Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school trip to New Orleans. She prices the cupcakes at $5 each. At the end of the day she is disappointed that she only sold three cupcakes.
This market model is in a [______]? (this is an economics question but I can't choose that as a subject..)
The situation described refers to an economic imbalance.
Economic imbalance is an economic term that refers to:
The scenarios in which an economy does not show an equilibrium between two magnitudes that belong to it. For example:The economic imbalance commonly occurs when the supply of a product or service and its demand are not balanced, on the contrary, they suffer variations that alter the market equilibrium.
According to the above, Georgina experienced this phenomenon (economic imbalance) with her idea of selling cupcakes at her school because the supply (12 cupcakes) greatly exceeded the demand for cupcakes from her schoolmates (3 cupcakes).
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Jones Company allocates manufacturing overhead based on machine hours. Each chair produced should require 3 machine hours. According to the static budget, the following is expected to incur: 1,200 machine hours per month (400 chairs x 3 hours per chair) $6,000 in variable manufacturing overhead costs $8,400 in fixed manufacturing overhead costs During January, Jones Company actually used 1,100 machine hours to make 410 chairs. The company spent $5,800 in variable manufacturing overhead costs and $8,100 in fixed manufacturing overhead costs. What is the fixed manufacturing overhead allocation rate (to the nearest cent)
Answer:
the fixed manufacturing overhead allocation rate is $7 per hour
Explanation:
The computation of the fixed manufacturing overhead allocation rate is shown below;
Fixed manufacturing overhead allocation rate is
= Budgeted Fixed overhead ÷ Budgeted allocation base
= $8,400 ÷ 1,200 budgeted machine hours
= $7.00 per hour
Hence, the fixed manufacturing overhead allocation rate is $7 per hour
the primary legal responsibility of business is to obey the law. true or false?
The primary legal responsibility of business is to obey the law.
Therefore, True statement because As business is an entity itself, it must also follow laws and rules.
Obligation of contracts refers to the legal duty of contracting parties to fulfill the promises specified in their contracts. If the obligations of a contract are in question, a person's reasonable capacity to perform or refrain from performing the required task will be taken into consideration.
For example, if an individual fails to make their car payments regularly, the auto company will repossess the car. Taxes, too, are a form of obligation, and failing to meet them results in large fines or imprisonment.
Lawbreakers risk facing monetary fines and legal repercussions in addition to reputational harm. For instance: In the case that alcohol is served, an employer has a duty to shield an employee from legal repercussions. One cannot be held accountable if one takes reasonable steps to stop the sale of alcohol without a licence.
This is TRUE statement.
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how to backup an iphone texts and call and contacts
You overhear an employee making this statement: "I used to really enjoy my work, but I’m beginning to find it kind of boring now." What might this indicate? Check all that apply.
a. A case of selective perception
b. A decline in job satisfaction
c. A decline in stress
d. A change in person-job fit for unknown reasons
b. A decline in job satisfaction "I used to really enjoy my work, but I’m beginning to find it kind of boring now."
Your question is about an employee who said, "I used to really enjoy my work, but I’m beginning to find it kind of boring now." Based on this statement, the following options might apply:
b. A decline in job satisfaction - The employee is finding their work boring, which indicates they may not be as satisfied with their job as they once were
d. A change in person-job fit for unknown reasons - The employee's change in enjoyment of their work might be due to a change in their fit with the job, though the specific reasons are not clear.
So, the answer is: b. A decline in job satisfaction and d. A change in person-job fit for unknown reasons.
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What does good customer service include?
Answer:
Before entering an interview for a customer service job, get a handle on what good customer service means to you. Good customer service typically means providing timely, attentive, upbeat service to a customer, and making sure their needs are met in a manner that reflects positively on the company or business. Explanation: it is
Answer:
Great customer service means following best practices like valuing customers' time, having a pleasant attitude, and providing knowledgeable and resourceful resources, but that you also take things a step further to exceed — rather than just meet — expectations.
Explanation:my mom works for customerservice
polling agency is investigating the voter support for_ regions have equal number of voters ballot measure in an upcoming city election The City is divided in two in them: The agency will select _ random regions Region A and region B. Both population proportion of voters who would sample of 500 voters from one region, Region A of the city Assume that support the ballot measure in Region A is 0.47 . the What is the probability that the proportion of voters in the sample of Region who support the ballot measure greater than 0.50 ? The polling agency will take another sample from different region, Region B, of the city: The the population proportion of voters who would agency plans to select random sample of 400 voters. Assume that support the ballot measure in Region B is 0.51 What is the probability that , measure might pass?
The polling agency is investigating voter support for a ballot measure in an upcoming city election in regions A and B, which have an equal number of voters.
They plan to select random regions to conduct polls and determine the proportion of voters who support the ballot measure.The polling agency will randomly select two regions, Region A and Region B. A sample of 500 voters will be taken from Region A. Assuming that the proportion of voters who support the ballot measure in Region A is 0.47, the probability that the proportion of voters in the sample of Region A who support the ballot measure is greater than 0.50 is required. This will help to understand if the support for the ballot measure in Region A is significant or not.Using the central limit theorem, we can assume that the sampling distribution is normal because the sample size n = 500 is greater than or equal to 30 and the population proportion of voters who support the ballot measure is greater than or equal to 10
Therefore, we can conclude that there is only a small probability that the support for the ballot measure in Region A is significant, and further analysis is required.
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What is the shortest amount of time a us president has been in office.
The shortest amount of time a U.S. President has been in office is one month. This President was William Henry Harrison.William Henry Harrison was the ninth President of the United States of America. He was inaugurated as President of the United States of America on March 4, 1841, and died on April 4, 1841.
Harrison's presidency was the shortest in American history; he was in office for just 31 days.In his inaugural address, Harrison spoke for over an hour in the cold, wintry weather without a coat or hat, despite having caught a cold during the campaign. He went on to develop pneumonia and died a month later.His presidency is often remembered for its brevity, with his untimely death leaving many of his policy proposals unfulfilled.
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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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you were visiting your grandpa and you happened to find $5000 stashed in an old shoe box. he told you that he had been saving this money for over 20 years. a. explain to him other options he has.
b. explain and demonstrate the principles of compounding interest.
Answer:
(only a) the best option would be investing in stocks
Explanation:
Find the present value of an ordinary annuity which has payments of $2000 per year for 16 years at 5%compounded annually.The present value is $
The present value of the ordinary annuity is $22,777.68.
To find the present value of an ordinary annuity, we use the formula PV = PMT × [(1 - (1 + r)^(-n)) / r]. In this case, the payment per period (PMT) is $2000, the interest rate per period (r) is 5% (or 0.05 as a decimal), and the number of periods (n) is 16 years. By substituting these values into the formula and performing the calculations, we determine that the present value of the annuity is $22,777.68. This represents the equivalent lump sum amount that, if invested at a 5% interest rate compounded annually for 16 years, would yield the same total as the annuity payments.
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Calvin purchased 2 fish bowls full of goldfish and 3 goldfish in a single bag. Each bowl had 6 fish in it. How many goldfish did Calvin buy? Calculate the number of fish in 1 bowl and in the bag together. Divide that number by the number of bowls. Calculate how many goldfish are in 2 fish bowls. Add that number to the number of fish in the bag. Calculate how many more goldfish are in a bowl than the bag. Multiply that number by the number of bowls. Calculate how many fish bowls there are. Add that number to the number of fish in the bag.
Answer:
How many goldfish did Calvin buy?
(2 bowls x 6 goldfish) + 3 goldfish in a bag = 15 goldfishCalculate the number of fish in 1 bowl and in the bag together.
(1 bowls x 6 goldfish) + 3 goldfish in a bag = 9 goldfishDivide that number by the number of bowls.
9 goldfish / 2 bowls = 4.5 goldfishCalculate how many goldfish are in 2 fish bowls.
2 bowls x 6 goldfish = 12 goldfishAdd that number to the number of fish in the bag.
12 goldfish + 3 goldfish = 15 goldfishCalculate how many more goldfish are in a bowl than the bag.
6 goldfish - 3 goldfish = 3 goldfish more in a bowl than in a bagMultiply that number by the number of bowls.
3 goldfish x 2 = 6 goldfishCalculate how many fish bowls there are.
2 fish bowlsAdd that number to the number of fish in the bag.
2 + 3 = 5How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%?a. $438.03b. $461.08c. $485.35d. $510.89e. $537.78
Answer:
The present value is $537.78
Explanation:
Given
\(Future\ Value\ (FV) = \$20,000\\Time (T) = 50\ Years\\Discount\ Rate\ (R)= 7.5\%\)
Required
The Present Value(I)
To calculate the present value, we simply apply the formula for future value;
\(FV = I *(1 + R)^T\)
Substitute 20,000 for FV; 50 for T and 7.5% for R;
This gives
\(20,000 = I *(1 + 7.5\%)^{50}\)
Convert percent to decimal
\(20,000 = I *(1 + 0.075)^{50}\)
\(20,000 = I *(1.075)^{50}\)
\(20,000 = I *37.19\)
Divide both sides by 37.19
\(\frac{20,000}{37.19} = \frac{I *37.19}{37.19}\)
\(\frac{20,000}{37.19} = I\)
\(537.778 = I\)
\(I = 547.78\ (Approximated)\)
Hence, the present value is $537.78
How might the dying out of other languages due to the global growth of English affect international business? Explain whether you think this language loss will positively or negatively impact international business.
The dying out of other languages due to the global growth of English may create communication barriers between companies that speak different languages.
How is the global growth of English going to affect the world ?On the positive side, the far reaching utilize of English can make it simpler for companies to communicate and do commerce with each other. English has ended up the lingua franca of worldwide trade, and its dominance has encouraged the development of worldwide exchange and speculation.
Be that as it may, the dominance of English may too have negative results. It may lead to the misfortune of social differing qualities and the concealment of minority dialects. This seem have social and financial impacts on communities that are marginalized or avoided from the worldwide economy.
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IE undergraduate named Diana must decide between accepting graduate ssistantships in the Ph.D. programs at Georgia Tech or at Texas A&M. Both the T and TAMU assistantships cover all tuition and fees every semester. In ddition, GT pays $2300 per month after all payroll deductions while TAMU pays 1900 per month after deductions. Attending TAMU at College Station will cost 1200 in living expenses per month with probability 0.4 and $1500 per month with obability 0.6, depending on the weather. However, GT in downtown Atlanta will st $1400 in living expenses per month with probability 0.8 and $1800 with obability 0.2. In addition, the average transportation cost for travel back home Arlington will be $150 per month from GT but only $50 from TAMU. (a) Draw a decision tree on the next page and decide whether Diana should accept an assistantship from Georgia Tech or Texas A&M based ONLY on the average monthly amount of discretionary income (the amount of income remaining after taxes and the necessary expenses above have been paid). State your answer in the box below. (b) Next use appropriately either a maximin or minimax criterion on her expected monthly discretionary income to decide whether Diana should accept an assistantship from GT or from TAMU. State your answer in the box below and show your work on the next page.
Based on the average monthly discretionary income, Diana should accept the assistantship from Georgia Tech.
To determine which assistantship Diana should accept, we need to calculate the average monthly discretionary income for each option. For Georgia Tech (GT), the monthly income after deductions is $2300, with living expenses costing $1400 (80% probability) or $1800 (20% probability). Additionally, the transportation cost is $150 per month. Therefore, the average monthly discretionary income for GT can be calculated as follows:
(0.8 * ($2300 - $1400 - $150)) + (0.2 * ($2300 - $1800 - $150)) = $440
For Texas A&M (TAMU), the monthly income after deductions is $1900, with living expenses costing $1200 (40% probability) or $1500 (60% probability). The transportation cost is $50 per month. Hence, the average monthly discretionary income for TAMU is:
(0.4 * ($1900 - $1200 - $50)) + (0.6 * ($1900 - $1500 - $50)) = $300
Comparing the two options, Diana would have a higher average monthly discretionary income at Georgia Tech ($440) compared to Texas A&M ($300). Therefore, based on this criterion, Diana should accept the assistantship from Georgia Tech.
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Pompeii, Inc., has sales of $53,000, costs of $24,200, depreciation expense of $2,550, and interest expense of $2,300. If the tax rate is 24 percent, what is the operating cash flow, or OCF
Answer:
$23,052
Explanation:
The computation of operating cash flow is shown below:-
Before that we have to determine the net income which is
Income statement
Sales $53,000
Cost ($24,200)
Depreciation ($2,550)
EBIT $26,250
Interest expense ($2,300)
Earnings before tax $23,950
Tax (5,748)
(24% × $23,950)
Net income $18,202
Now,
Operating cash flow = EBIT + Depreciation - Tax
= $26,250 + 2,550 - $5,748
= $23,052
Assume an increase in investment spending by $100, and a marginal propensity to consume (MPC) of 0.6. How much would GDP increase after the $100 was absorbed by the economy due to the multiplier effect
Answer:
The increase in GDP is $250
Explanation:
The increase in investment spending = $100
Marginal propensity to consume = 0.6
Now we have to find an increase in the GDP after absorbing the $100.
Therefore, we need to find the multiplier by using the marginal propensity to consume.
Multiplier = 1 / (1-MPC)
Multiplier = 1/( 1- 0.6)
Multiplier = 2.5
The increase in GDP = increase in investment spending × Multiplier
The increase in GDP = 100 × 2.5 = $250
How do economists use economic models
Answer:
Economists use economic models to study particular aspects of economic reality. To do so, they develop a simplified model of reality in which only a few variables are included, and everything else is held constant or ignored.
Explanation:
For example, the most famous economic model is the model of supply and demand, which is used to analyze how consumers and producers interact in the market for a good or service, and how this interaction determines the price.
As we can see, in this economic model of supply and demand, many other things like social class or history are left aside, and only a few variables are included.
free creditsssssssssssssssssssssssssssss
Answer:
ty
Explanation:
A customer asks if the rogue vc-turbo engine is reliable because it’s new with a lot of moving parts. What are three ways to respond?.
It should be noted that the rogue vc-turbo engine is reliable because:
It improves acceleration.It economizes fuel.It improves performance regarding emissions.Importance of the turbo engineIt should be noted that VC-Turbo technologies have evolved with a focus on improving performance in major areas such as acceleration, fuel economy as well as emissions.
In a situation where a customer asks if the rogue vc-turbo engine is reliable because it’s new with a lot of moving parts, the customer should be informed that it is reliable as it enhances acceleration and fuel economy.
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