Stanley-Morgan Industries adopted a defined benefit pension plan on April 12, 2021. The provisions of the plan were not made retroactive to prior years. A local bank, engaged as trustee for the plan assets, expects plan assets to earn a 10% rate of return. The actual return was also 10% in 2021 and 2022\.\* A consulting firm, engaged as actuary, recommends 5% as the appropriate discount rate. The service cost is $300,000 for 2021 and $390,000 for 2022. Year-end funding is $310,000 for 2021 and $320,000 for 2022. No assumptions or estimates were revised during 2021\.\* We assume the estimated return was based on the actual return on similar investments at the inception of the plan and that, since the estimate didn't change, that also was the actual rate in 2022.Required:Calculate each of the following amounts as of both December 31, 2021, and December 31, 20221. Projected benefit obligation2. Plan assets3. Pension expense4. Net pension asset liability

Answers

Answer 1

Answer:

1. Balance, December 31, 2022 $705,000

2. Balance, December 31, 2022 $661,000

3. Pension expense 2021 $300,000

Pension expense 2022 $374,000

4. Net pension asset, Dec. 31, 2021 $ 10,000

Net pension liability, Dec. 31, 2022 $ 44,000

Explanation:

1. Calculation for the Projected benefit obligation

Projected Benefit Obligation

($)

Balance, January 1, 2021 $ 0

Service cost 300,000

Interest cost (5% x $0) 0

Benefits paid (0)

Balance, December 31, 2021 $300,000

Service cost 390,000

Interest cost (5% x $300,000) 15,000

Benefits paid (0)

Balance, December 31, 2022 $705,000

(300,000+390,000+15,000)

2. Preparation of Plan assets

Plan Assets

Balance, January 1, 2021 $ 0

Actual return on plan assets (10% x $0) 0

Contributions, 2021 310,000

Benefits paid (0)

Balance, December 31, 2021 $310,000

Actual return on plan assets 31,000

(10% x $310,000)

Contribution, 2022 320,000

Benefits paid (0)

Balance, December 31, 2022 $661,000

(310,000+31,000+320,000)

3. Preparation of Pension expense

Pension expense – 2021

Service cost $300,000

Interest cost (5% x $0)0

Expected return on the plan assets (10% x $0) 0

Pension expense $300,000

Pension Expense – 2022

Service cost $390,000

Interest cost 15,000

(5% x $300,000)

Expected return on the plan assets (31,000)

(10% x $310,000)

Pension expense $374,000

4. Preparation of the Net pension asset liability

PBO $300,000

Plan assets 310,000

Net pension asset, Dec. 31, 2021 $ 10,000

PBO$705,000

Plan assets 661,000

Net pension liability, Dec. 31, 2022 $ 44,000


Related Questions

PLEASE HELP!! Retirement plans-

Under what circumstances is it better to be taxed later(when you retire and draw money from your account) instead of now?

Answers

Answer:

Though retirement may seem far off, saving for it as early as possible will ensure you have enough money to get you through your retirement years. In addition, investing benefits from compounding returns, which will increase your money more over a longer period of time.

When Apple’s marketing team crafts the value proposition for a new product such as the latest Apple Watch, which of these best encompasses the elements they are bringing to market?

a

The physical product (the watch itself)

b

Everything that contributes to the experience of owning and using the product

c

The physical product (the watch) plus a variety of intangible products (apps that run on the watch)

d

Services such as the App Store that allow people to find interesting new apps

e

The experience made possible by owning an Apple Watch

Answers

The value proposition that best encompasses the elements that Apple's marketing team introduces for a new product such as the latest Apple Watch is everything that contributes to the experience of owning and using the product. Hence, the correct option is (B).

What Is Apple's Business Strategy?

Apple is one of the largest technology companies in the world and is also often considered the most innovative company in the world. Apple has very high brand loyalty and this can happen because of several business strategies implemented by Apple. One of the things that become the focus of Apple when introducing a product is a very high user experience. Therefore, when Apple introduces a new product, Apple will ensure that all features and specifications in the product can improve the user experience of consumers when using the product.

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Answer:

e

Explanation: because it allowed experienced consumers to think about the good they had with Apple watch products.

Omar found the the dealer's cost of the base price was $16558. 16 and the dealer's options cost was $611. 60. The consumer paid the $475 destination charge. If the percent of the dealer's cost is 92% and the percent of the dealer's options cost is 88%. Find the car's sticker price.

Answers

The sticker price of the car is $17,544.76. To find the car's sticker price, we need to add up the dealer's cost, dealer's options cost, and destination charge, and then divide by the percentage of the total cost that is represented by the dealer's cost and options cost.

Let x be the sticker price of the car.

The dealer's cost is 92% of the sticker price, so we can write:

0.92x = 16558.16

Solving for x, we get:

x = 16558.16 / 0.92 = 18007.22

Similarly, the dealer's options cost is 88% of the sticker price, so we can write:

0.88x = 611.60

Solving for x, we get:

x = 611.60 / 0.88 = 695.00

Finally, we add up the dealer's cost, dealer's options cost, and destination charge to get the sticker price:

Sticker price = Dealer's cost + Dealer's options cost + Destination charge

Sticker price = 16558.16 + 611.60 + 475

Sticker price = 17544.76

In conclusion, the sticker price of a car is calculated by adding the dealer's cost of the base price, dealer's options cost, and the destination charge paid by the consumer. To calculate each of these costs, we need to know the percent of the dealer's cost and the percent of the dealer's options cost.

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PLEASE HELP!!
1) What are some other forms of currency in existence now?
2) Can you think of other examples of currency?
-from Kamps video

Answers

Bitcoin, Equal Dollars, Ithaca Hours, Starbucks Stars, Amazon Coins, Sweat.

How has the Timberland Company incorporated the four pillars of its corporate social

responsibility (CSR) strategy into its day-to-day operations?

Answers

Answer:

The four pillars are energy, product, workplace and service.

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Explanation:

The Timberland Company have a tradition of Corporate Social Responsibility, Timberland have always been committed to environment and social sustainability. The four pillars of Timberland Company for Corporate Social Responsibility are Energy, Product, Workplace and Service.

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NEED ASAP!
Which 2 leadership styles promote teamwork

NEED ASAP!Which 2 leadership styles promote teamwork

Answers

Answer:

Participative and Transformational

Explanation:

An participative leader is a good leader and empowers the team members to do their best and put goals on top. So, this type of leader promotes teamwork.

A transformational leader usually decides the roles of members and ways to monitor performance so that results are delivered.

If a fully amortizing 30-year fixed rate mortgage was originally taken at $200,000 with 5.25 percent interest, but now has a balance of $50,385, how many more monthly payments will it take before it will be paid off

Answers

Based on the question above, the correct answer goes thus:

The monthly payments will take 10 more months before it will be paid off

Mortgage Terms

A mortgage is simply a particular type of term loan—one secured by real property. For a term loan, the borrower pays interest calculated on an annual basis against the outstanding balance of the loan. Both the interest rate and monthly payment are fixed.

In conclusion, we can conclude that the correct answer is 10 months.

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In the food service industry, recipes are invaluable because they provide a way for cooks, no matter who or where they are, to achieve consistency of _____ and ______. volume; scale
strain; tare
quality: yield
weight: gauge​

Answers

Answer: quality: yield is correct

Explanation: Took the test

In the food service industry, recipes are invaluable because they provide a way for cooks, no matter

In the food service industry, recipes are invaluable because they provide a way for cooks, no matter who or where they are, to achieve consistency of quality and yield. Thus, option (c) is correct.

What is food?

The term “food” refers to an edible and consumable material that provides the body with nutrition and vitamins to maintain itself. Plants, humans, animals, and birds all typically eat food. fruits, vegetables, legumes, dairy, and other nutrient-dense foods. The body need the food in order to function, thus it was consumed.

According to the food service sector, was the offered the information of the food as well as the grade of the cuisine. It instructs the cook on what ingredients to use, how to utilize them, and any nutrition facts that may be useful. A recipe's yield is the number of servings it will make.

Therefore, option (c) is correct.

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What processes are enzymes used in?; What are the 4 functions of enzymes?; What enzymes are used for protein?; How are enzymes involved in proteins?

Answers

Enzymes are used in various biological processes.

Enzymes are used in many biological processes, including metabolism, digestion, and cellular respiration. They are proteins that act as catalysts, which means they increase the rate of chemical reactions in cells without being used up or changed in the process. The four main functions of enzymes are:

To catalyze specific chemical reactions in cells.To speed up the rate of chemical reactions in cells.To lower the activation energy needed for a reaction to occur.To increase the specificity of chemical reactions, ensure correct reactants are brought together for the reaction to occur.

Different enzymes are involved in protein metabolism, including proteases. One of the main roles of enzymes in protein metabolism is to catalyze the hydrolysis of peptide bonds, which allows proteins to be broken down into smaller peptides and amino acids. This process is essential for the digestion of dietary proteins and the recycling of proteins within cells. Enzymes are also involved in the synthesis of proteins. In this process, amino acids are joined together through peptide bonds to form larger proteins.

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Quick Cleaners, Inc. (QCI), has been in business for several years. It specializes in cleaning houses but has some small business clients as well.

a. Issued $21,000 of QCI stock for cash.
b. Incurred $840 of utilities costs this month and will pay them next month.
c. Paid wages for the current month, totaling $2,600.
d. Performed cleaning services on account worth $3,800.
e. Some of Quick Cleaners’ equipment was repaired at a total cost of $300. The company paid the full amount at the time the repair work was done.

Required:
Prepare journal entries for the above transactions, which occurred during a recent month.

Answers

Answer:

Quick Cleaners, Inc. (QCI)

Journal Entries

a. Debit Cash $21,000

Credit Common Stock $21,000

To record the issuance of QCI stock for cash.

b. Debit Utilities Expense $840

Credit Utilities Payable $840

To accrue utilities expense for the month.

c. Debit Wages Expense $2,600

Credit Cash $2,600

To record the payment of wages for the month.

d. Debit Accounts Receivable $3,800

Credit Service Revenue $3,800

To record the performance of cleaning services on account.

e. Debit Equipment Repairs $300

Credit Cash $300

To record the payment for equipment repairs.

Explanation:

a) Data and Analysis:

a. Cash $21,000 Common Stock $21,000

b. Utilities Expense $840 Utilities Payable $840

c. Wages Expense $2,600 Cash $2,800

d. Accounts Receivable $3,800 Service Revenue $3,800

e. Equipment Repairs $300 Cash $300

FRY-9C, FRY-14M, FRY-14Q, FRY-2052a, FP&A, CRR

What are these terms exactly mean? How do they work in business? What each term do?

Answers

The terms mentioned above are used in economics and have to do with finance.

What are FRY-9C, FRY-14M, and FRY-14Q?

In order to keep an eye on financial institutions in between on-site inspections, the FR Y-9C is the main analytical tool employed. The form, which is the most frequently requested and scrutinized report at the holding company level, contains more schedules than any other report in the FR Y-9 series.

The FR Y-14M report gathers monthly in-depth information on the loan portfolios of bank holding companies (BHCs), savings and loan holding companies (SLHCs), and intermediate holding companies (IHCs). Three loan- and portfolio-level collections, as well as one in-depth address matching collection, make up the report.

On a quarterly basis, the FR Y-14Q compiles comprehensive information on the various asset classes, capital components, and pre-provision net revenue (PPNR) categories of the bank holding companies (BHC), savings and loan holding companies (SLHCs), and intermediate holding companies (IHC).

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After graduating from college, Joseph Tantillo decided to start a retail Web site that specializes in personalized Greek apparel. To fund his Web site, he borrowed money from his parents (who expect to be repaid with interest). In other words, he used _____ financing.

Answers

Answer:

Debt financing

Explanation:

Debt financing is defined as borrowing that a company undertakes to finance it's operations by selling of debt instruments to investors.

The debt instrument attracts interest payment.

Examples of debt financing includes bank loans, loans from friends and family, and government backed loans.

In the given scenario Joseph Tantillo decided to borrow money from his parents to start a retail Web site that specializes in personalized Greek apparel. This is debt financing

In contrast equity financing involves sale of shares to obtain capital

the accountant at sheridan company has determined that income before income taxes amounted to 7800 using the fifo costing assumption if the income tax rate is 20% and the amount of income taxess paid would be 300 greater if the lifo asusmptions were used what would be the ammount of income before taxes under the lifo assumption

Answers

The accountant at Sheridan company has determined that income before income taxes amounted to 7800 using the FIFO costing assumption if the income tax rate is 20% and the amount of income taxes paid would be 300 greater if the LIFO assumptions were used. The amount of income before taxes under the LIFO assumption would be $9300

First-in, first-out, or FIFO. Last-in, first-out, or LIFO. These techniques are employed in inventory accounting. It has an impact on the sum that appears in the income statement's cost of goods sold section. While LIFO costing is utilized for tax accounting to reduce tax liabilities, FIFO costing is used to maximize income values in financial statements.

The amount of income before taxes under the LIFO assumption can be calculate as follows:

Income before income taxes : $7800

Income tax rate: 20%

Income tax paid under LIFO costing: $300

So, Income tax amount, FIFO = $7800 × 20% = $1,560

So, Tax amount, LIFO = $1,560 + $300 = $1,860

The income before taxes can be calculate by using following method,

Income before taxes, LIFO = $1,860 ÷ 20%

= $9300

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Explain project teams

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Answer:

A project team is a team whose members usually[quantify] belong to different groups, have different functions and are assigned by the project manager to activities for the same project. A team can be divided[by whom?] into sub-teams according to need. Usually project teams are only used[by whom?] for a defined period of time. They are disbanded[by whom?] after the project is deemed[by whom?] complete. Due to the nature of the specific formation and disbandment, project teams are usually in organizations.

Explanation:

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When evaluating your professional interests, what question should you ask yourself?

How important are working environments, colleagues, and job stimulation to me?
How well do I know the required software packages?
Should I apply online or in person?

Answers

When evaluating ones proffessional interest the question to ask should related to profession growth. the answer is B. How well do I know the required software packages?

What is Professional Interests?

A professional interest is a statement that clearly descibes what skills and tools are needed to foster career growth.

In summary, it also include a statement of one ones future objectives.

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Maher Inc. reported income from continuing operations before taxes during 2020 of $790,000. Additional transactions occurring in 2020 but not considered in the $790,000 are as follows. 1. The corporation experienced an uninsured flood loss in the amount of $90,000 during the year. 2. At the beginning of 2018, the corporation purchased a machine for $54,000 (salvage value of $9,000) that had a useful life of 6 years. The bookkeeper used straight-line depreciation for 2018, 2019, and 2020, but failed to deduct the salvage value in computing the depreciation base. 3. Sale of securities held as a part of its portfolio resulted in a loss of $57,000 (pretax). 4. When its president died, the corporation realized $150,000 from an insurance policy. The cash surrender value of this policy had been carried on the books as an investment in the amount of $46,000 (the gain is nontaxable). 5. The corporation disposed of its recreational division at a loss of $115,000 before taxes. Assume that this transaction meets the criteria for discontinued operations. 6. The corporation decided to change its method of inventory pricing from average-cost to the FIFO method. The effect of this change on prior years is to increase 2018 income by $60,000 and decrease 2019 income by $20,000 before taxes. The FIFO method has been used for 2020. The tax rate on these items is 30%.

Required:
Prepare an income statement for the year 2020 starting with income from continuing operations before taxes.

Answers

The preparation of the income statement for the year ended December 31, 2020, for Maher Inc., is as follows:

Maher Inc.

Income Statement

For the year ended December 31, 2020:

Income from continuing operations before taxes     $790,000

2. Overstated depreciation expense              4,500

6. Net change in profit (inventory method)  40,000     44,500

Adjusted income from continuing operations          $834,500

5. Loss from discontinued operations                         (115,000)

Adjusted income after discontinued operations      $719,500

Other events:

1. Uninsured flood loss                               ($90,000)

3. Loss from sale of securities                     (57,000) (147,000)

Adjusted taxable income                                          $572,500

Taxes (30%)                                                                   (171,750)

4. Non-taxable Gain from cash surrender value        104,000

Adjusted net income after taxes                            $504,750

What is the adjusted net income?

The adjusted net income takes into account all the tax-deductibles and income from all sources.

Data and Calculations:

2020 Income from continuing operations before taxes = $790,000

Transactions:

1. Uninsured flood loss = $90,000

2. Value of machine = $54,000

Salvage value = $9,000

Depreciable amount = $45,000 ($54,000 - $9,000)

Estimated useful life =6 years

Annual straight-line depreciation expense = $7,500 ($45,000/6)

Overstated depreciation expense = $4,500 ($1,500 x 3)

3. Loss from sale of securities = $57,000

4. Non-taxable Gain from cash surrender value = $104,000 ($150,000 - $46,000)

5. Loss from discontinued operations = $115,000

6. Net change in inventory method = $40,000 increase ($60,000 - $20,000)

Tax rate = 30%

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Angela, Inc., holds a 90 percent interest in Corby Company. During 2020, Corby sold inventory costing $114,300 to Angela for $127,000. Of this inventory, $43,600 worth was not sold to outsiders until 2021. During 2021, Corby sold inventory costing $153,600 to Angela for $192,000. A total of $50,400 of this inventory was not sold to outsiders until 2022. In 2021, Angela reported separate net income of $168,000 while Corby's net income was $102,000 after excess amortizations. What is the noncontrolling interest in the 2021 income of the subsidiary

Answers

Answer: $9628

Explanation:

First, we need to calculate the gross profit which will be:

= $127,000 - $114,300

= $12700

Then, gross profit rate will be:

= Gross profit / Sales × 100

= ($12700 / $127,000) × 100

= 10%

Unrealized profit on $43,600 will be:

= 10% × $43600

= 0.1 × $43600

= $4360

The unrealized profit for 2021 will be calculated as:

= $192,000 - $153,600

= $38400

Then, gross profit rate will be:

= Gross profit / Sales × 100

= ($38400 / $192,000) × 100

= 20%

Unrealized profit on $50,400 will be:

= 20% × $50,400

= 0.2 × $50,400

= $10080

The noncontrolling interest in the 2021 income of the subsidiary will then be:

Income of Corby company = $102000

Add: Deferal of unrealized gross profit = $4360

Less : Unrealized profit on current year = $10080

Adjusted income = $96280

Non controlling interest at 10% will then be:

= 10% × $96280

= 0.1 × $96280

= $9628

During 2015, Maverick Inc. became involved in a tax dispute with the government. Maverick’s attorneys have indicated that they believe it is probable that Maverick will lose this dispute. They also believe that Maverick will have to pay the government between €800,000 and €1,400,000. After the 2015 financial statements were issued, the case was settled with the government for €1,200,000. What amount, if any, should be reported as a liability for this tax dispute as of December 31, 2015?

Answers

1. In the first case a provision should be created for €1,200,000 as it was probably on December 31, 2015, that the company might have to pay damages. The amount to be paid turned out to be within the limits and so a provision needs to be created in financial statements​.

What is Damages and Compensation?

Damages, a form of financial restitution, are given to individuals as reimbursement for harm or losses incurred as a direct result of the careless inactions or blatant negligence displayed by another party.

This payment serves to aid the victim with regaining their losses and ease any distress caused by the incident.

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1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.

Answers

1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.

Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.

This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.

In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.

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First one to answer gets a brainly, look at the picture please

First one to answer gets a brainly, look at the picture please

Answers

Answer:

c

Explanation:

Answer: B

Explanation:

The IRS has the authority to assess a monetary penalty to who

Answers

the IRS has the authority to impose penalties on tax professionals.

The IRS is the Internal Revenue Service division of the United States, in responsibility of managing the Internal Revenue Code, the main piece of federal statutory tax legislation, and collecting federal taxes in the country.

The Commissioner of Internal Revenue, who is chosen by the US President for a five-year term, oversees it as a section of the Treasury Department. The IRS is responsible for handling a number of welfare programs, including the Affordable Care Act, as well as assisting taxpayers with their taxes, prosecuting and resolving cases of inaccurate or fraudulent tax files, and other duties. 

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Completely Nuts, a macadamia nut cannery, is analyzing its throughput for September. The following statistics are obtained for the month:
Cans packed and sold 700,000 Total cans packed 1,113,060 Value-added processing time (in hours) 650
Total processing time (in hours) 4,125
a. Calculate the manufacturing cycle efficiency.
Note: Round percentage to one decimal point (i.e. round 4.555% to 4.6%).
b. Calculate the process productivity.
Note: Round amount to one decimal point (i.e. round 4.555 to 4.6).
units per hour
c. Calculate the process quality yield.
Note: Round percentage to one decimal point (i.e. round 4.555% to 4.6%).
d. Calculate the throughput using only good units and total time.
Note: Round amount to one decimal point (i.e. round 4.555 to 4.6).
units per hour

Answers

The correct answer is b. Calculate the process productivity.Note: Round amount to one decimal point (i.e. round 4.555 to 4.6).units per hour

Productivity gauges how well a company's production system operates. It is computed by dividing a company's outputs by the inputs it utilised to achieve those outputs. To acquire a percentage, divide your production improvement figure by your previous production rate and multiply by 100. In this case, dividing 5 by 1.5 results in the number 33. Divide your normal production rate by your actual output rate first. The total should then be multiplied by 100%. The resulting figure is production effectiveness. Therefore, the purpose of productivity measurement is to show you how to generate more units of output (goods made or services provided) for each unit of input (materials, labour hours, or machine time) than your rivals can.

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Caleb is a bus driver who takes passengers through scenic mountains and points out the various rock formations along the way. Caleb works in the _____ pathway of the Hospitality and Tourism cluster.

A.
Lodging

B.
Travel and Tourism

C.
Recreation, Amusements, and Attractions

D.
Restaurant and Food/Beverage Services

Answers

The celeb provides his services in the travel and tourism course of the hospitality and tourism cluster. This, the correct answer is B.

What do you mean by the hospital and tourism cluster?

The Hospitality and Tourism cluster provides the travellers or the residents with all arrangements including food, water, shelter, transportation and safety while travelling.

Caleb is a bus driver who helps passengers in travelling safely in natural mountains and tells information about the formations of rock.

Therefore, option B travel and tourism is the route in which Caleb works as he helps passengers in travelling safely and encourage tourism.

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check all of the following that are true about the response to the financial crisis of 2009.
A. greater government intervention into the economy was the hallmark of the incoming Obama administration and its “stimulus” package that passed through Congress in February 2009

B. although it included temporary payroll tax cuts, most of the package’s $831 billion was focused on government spending and therefore represented a Classical approach to countering a recession

C. with unemployment rising over the previous year to 7.6 percent, Obama asserted that the American Recovery and Reinvestment Act (ARRA) was necessary because the government “was the only entity left with the resources needed to jolt our economy” back to life

D. following the enactment of the stimulus package, the unemployment rate continued to rise, not only surpassing the eight percent estimate of the administration, but staying above eight percent for 43 consecutive months until late 2012

Answers

Option A and C. The  following that are true about the response to the financial crisis of 2009

Less government intervention into the economy was the hallmark of the incoming Obama administration and its “stimulus” package that passed through Congress in February 2009 with unemployment rising over the previous year to 7.6 percent, Obama asserted that the American Recovery and Reinvestment Act (ARRA) was necessary because the government “was the only entity left with the resources needed to jolt our economy” back to life

What was the financial crisis of 2009

The economic slowdown from 2007 to 2009 that followed the collapse of the U.S. housing bubble and the world financial crisis is known as "The Great Recession." Since the Great Depression of the 1930s, the Great Recession was the country's worst economic downturn.

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analyze product, price and cost in relationship in the market

Answers

Answer:

ok

Explanation:

wjeres the picthere is no picyure attached

Please Show Picture:/

leearning task 1 give the examples of technology

Answers

Technology continues to evolve and shape our lives, transforming industries, and opening up new possibilities for innovation and growth.

Technology encompasses a wide range of tools, systems, and applications that are designed to improve efficiency, productivity, and communication in various fields. Here are some examples of technology in different areas:

1. Information Technology (IT): Examples include computers, laptops, servers, networking equipment, software applications, operating systems, databases, cloud computing, cybersecurity systems, and data storage devices.

2. Communication Technology: Examples include smartphones, landline phones, video conferencing systems, email platforms, instant messaging applications, social media platforms, VoIP (Voice over Internet Protocol) systems, and telecommunications infrastructure.

3. Transportation Technology: Examples include automobiles, airplanes, trains, ships, electric vehicles, GPS navigation systems, traffic management systems, logistics and supply chain software, and autonomous vehicles.

4. Medical Technology: Examples include medical imaging devices (X-rays, MRI machines, CT scanners), electronic health records (EHR) systems, robotic surgery systems, telemedicine platforms, wearable health monitoring devices, and medical research equipment.

5. Educational Technology: Examples include interactive whiteboards, online learning platforms, educational software, e-books, virtual reality (VR) and augmented reality (AR) tools for learning, student management systems, and distance learning platforms.

6. Renewable Energy Technology: Examples include solar panels, wind turbines, hydroelectric power systems, geothermal energy systems, biomass energy systems, energy storage solutions, and smart grid technologies.

7. Agricultural Technology: Examples include precision farming tools, automated irrigation systems, drones for crop monitoring, livestock tracking systems, genetic engineering and biotechnology in agriculture, and farm management software.

8. Entertainment Technology: Examples include streaming services, gaming consoles, virtual reality (VR) headsets, smart TVs, home theater systems, digital music players, and video editing software.

9. Financial Technology (Fintech): Examples include mobile banking apps, digital payment platforms, cryptocurrency systems, robo-advisors, online lending platforms, and blockchain technology.

10. Manufacturing Technology: Examples include robotics and automation systems, 3D printers, CNC machines, computer-aided design (CAD) software, inventory management systems, and quality control systems.

These are just a few examples of the vast array of technologies that exist today. Technology continues to evolve and shape our lives, transforming industries, and opening up new possibilities for innovation and growth.

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What are the four functions of communication? Examples.

Answers

Answer:

The four functions of Communication  are  within a group or organization: control, motivation, emotional expression and information.

A computer assembly firm purchases computer parts at $230 per computer. The
operating expenses are 29% on cost and rate of markup is 57% on cost.
a. What is the selling price of each computer?
Round to the nearest cent
What is the operating per computer?

Answers

Answer:

Maybe 60%

Explanation:

Net exports equal
a. imports minus exports.
b.Y-(C + I + G).
c. Y-(C-1-G)
d. exports plus imports.

Answers

Answer:

b.Y-(C + I + G).

Explanation:

The net exports is determined when the import is deducted from the exports

i.e.

Net exports = Exports - imports

So according to the given situation, the first option is correct

As

GDP = Consumption + investment + government purchase + net exports

Here

GDP be Y

Consumption be C

Investment be I

Government purchase be G

So, the correct option is a.

A _____________ lists information about the target market such as age, income level, ethnic background, occupation, attitudes, lifestyle and geographic residence.
answer choices
O Product
O Target Market
O Mass Market
O Customer Profile

Answers

A customer profile lists information about the target market such as age, income level, ethnic background, occupation, attitudes, lifestyle and geographic residence.

Detailed information on your prospective clients and how they engage with your business is contained in a customer profile, which can be a paper or online platform. It addresses issues that customers have, as well as demographic information, purchase trends, and more.

It is possible to divide consumer groups based on a wide range of characteristics, including Age, location, gender, race, ethnicity, and make-up of the household are all considered demographics. Income, level of education, employment, and affiliation with a community or organization are all socioeconomic factors.

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