Suppose that a year of college has the following explicit costs: $17000 in tuition, $1000 in books and supplies, and $1500 for a computer. A year of college also has the following implicit cost: $35000 of foregone salary. A rational person would attend one year of college if the additional income and improved quality of life were worth how much
Answer:
A rational person would attend one year of college if the additional income and the improved quality of life were worth more than the cost of attending college for the year or more than $19,500
Explanation:
The given parameters are;
The tuition cost for a year of college = $17,000
The cost of books and supplies = $1,000
The cost for a computer = $1,500
The amount of forgone salary = $35,000
Therefore, the total cost for a year of college = $17,000 + $1,000 + $1,500 + $35,000 = $54,500
However, the amount by which a year in college exceeds the previous income = The cost of going to college $17,000 + $1,000 + $1,500 = $19,500
Therefore, a rational person would attend one year of college if the additional or extra income above the previous income and the improved quality of life were worth more than the cost of going to college for one year which is $19,500.
For 2021, MSU Corporation has $500,000 of adjusted taxable income, $22,000 of business interest income, and $120,000 of business interest expense. It has average annual gross receipts of more than $26,000,000 over the prior three taxable years.
a. What is MSU's interest expense deduction for 2021?
b. How much interest expense can be deducted for 2021 if MSU's adjusted taxable income is $300,000?
MSU's interest expense deduction for 2021 is $172,000. If MSU's adjusted taxable income is $300,000, the interest expense deduction for 2021 would be $112,000.
a. interest income = $22,000
adjusted taxable income = $500,000.
The business interest expense limitation rules, which were implemented by the Tax Cuts and Jobs Act (TCJA) in 2017, have restrictions on MSU's interest expense deduction for 2021. The deduction is typically capped at 30% of the business's adjusted taxable income plus the sum of business interest income.
Interest Expense Deduction = Business Interest Income + (30% × Adjusted Taxable Income)
= $22,000 + (0.30 × $500,000)
= $22,000 + $150,000
= $172,000
b. taxable income for 2021 = $300,000
Interest Expense Deduction = Business Interest Income + (30% × Adjusted Taxable Income)
= $22,000 + (0.30 × $300,000)
= $22,000 + $90,000
= $112,000
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Greater resource prices _______ the costs of production, thereby, ______ the incentive for firms to produce the good at each price.\
Greater resource prices increases the costs of production, thereby, reducing the incentive for firms to produce the good at each price.
The total cost incurred by a business to produce a product or provide services is referred to as the cost of production. Supplies and raw materials consumed during production, as well as labour costs, are often included in production costs.
Costs of Production
All of the direct and indirect expenses firms incur when producing a good or rendering a service are referred to as production costs. Various expenditures, including labour, raw materials, consumable manufacturing supplies, and general overhead, might be included in production costs. When a company produces a good or offers a service, it incurs production expenses, which are sometimes referred to as product costs. Numerous expenses are included in these costs. For instance, manufacturing expenses for manufacturers include the cost of the labour and raw materials required to make the product. Production expenses in the service sector are related to the labour needed to implement the service and any material costs associated with providing the service.
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A vast global network that is made up of many smaller interconnected networks is known as
Answer:
The internet
Explanation:
1. Which one of the following is NOT a strategy to mitigate the Bullwhip effect?
a. Smaller and more frequent replenishments
b. Retailers’ sharing point-of-sale data with manufacturers
c. Campbell soup’s vendor managed inventory arrangement with Walmart
d. Big price promotions to stimulate demand
Big price promotions to stimulate demand are not a strategy to mitigate the Bullwhip effect. Hence, Option (d) is correct.
When big price promotions are used to stimulate demand, it can lead to significant fluctuations in customer orders.
These sudden spikes in demand can create distortions and uncertainty in the supply chain, as the upstream suppliers may interpret the increased orders as a sustained increase in demand rather than a temporary promotion-driven surge.
This misinterpretation can result in overproduction, excess inventory, and subsequent inventory adjustments once the promotion ends, contributing to the Bullwhip effect.
To mitigate the Bullwhip effect, strategies like smaller and more frequent replenishments, sharing point-of-sale data, and implementing vendor-managed inventory arrangements are preferred.
Thus, these strategies focus on reducing lead times and enhancing supply chain coordination to minimize the distortion and variability in the supply chain caused by the Bullwhip effect.
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suppose that you are employed as an advisor to the central bank. select the proper policy recommendation or economic prediction for each of the given scenarios. which policy is appropriate when a rising price level and a rising gdp are a concern?
As an advisor to the central bank, when faced with a concern of both a rising price level and a rising GDP, there are several policy recommendations that can be considered: 1. Tightening Monetary Policy 2. Contractionary Fiscal Policy
Tightening Monetary Policy: This involves increasing interest rates to curb borrowing and spending, which can help control inflation caused by excessive demand. Higher interest rates make borrowing more expensive, reducing consumer and business spending, and ultimately slowing down economic growth. 2. Contractionary Fiscal Policy: The government can reduce its spending or increase taxes to dampen demand and control inflation. By reducing government expenditure or increasing taxes, aggregate demand is lowered, which can help stabilize prices and prevent the economy from overheating. 3. Supply-Side Policies: Implementing policies that aim to increase the productive capacity of the economy can address both rising prices and GDP concerns.
In conclusion, when facing concerns of rising prices and GDP, policy recommendations could include tightening monetary policy, implementing contractionary fiscal policy, or adopting supply-side policies. The choice depends on the specific circumstances and goals of the central bank.
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How much yearly revenue does soccer brings in?
Answer:
Soccer is a sport which gets majority of its revenue from television rights and tournament sponsors.
The Men’s World Cup tournament is known by the governing body, FIFA to generate more money than any other tournament. FIFA was believed to have earned more than $6 billion in its last organized men’s tournament.
This translates that the total revenue soccer brings in is in the region of hundreds of billions of dollars.
I need help on this
Answer: fra
Explanation:
The following is the trial balance of kencho sales located in Tabs, Thimphu as on 31st December 2019.You are required to prepare financial statements as at 31st December 2019.
1-Madsen Motors's bonds have 7 years remaining to maturity. Interest is paid annually; they have a $1,000 par value; the coupon interest rate is 12%; and the yield to maturity is 7%. What is the bond's current market price? Round your answer to the nearest cent.
2-A bond has a $1,000 par value, 10 years to maturity, and a 8% annual coupon and sells for $980.
a)What is its yield to maturity (YTM)? Round your answer to two decimal places.
b)Assume that the yield to maturity remains constant for the next 3 years. What will the price be 3 years from today? Do not round intermediate calculations. Round your answer to the nearest cent.
Nesmith Corporation's outstanding bonds have a $1,000 par value, a 8% semiannual coupon, 6 years to maturity, and an 7% YTM. What is the bond's price? Round your answer to the nearest cent.
1. The bond's current market price is approximately $1,151.47.
2a. The bond's yield to maturity (YTM) is approximately 8.27%.
3. Nesmith Corporation's bond price is approximately $1,122.46.
To calculate the bond's current market price, we can use the formula for the present value of a bond's cash flows. With 7 years remaining to maturity, an annual coupon interest rate of 12%, a par value of $1,000, and a yield to maturity of 7%, we can calculate the annual coupon payment as $1,000 * 12% = $120. Using the present value formula, we can discount the future cash flows (coupon payments and the par value) by the yield to maturity. The present value of the annuity of coupon payments is approximately $835.05, and the present value of the par value is $1,000 / (1 + 7%)^7 ≈ $316.42. Summing these two present values gives us the bond's current market price of approximately $835.05 + $316.42 = $1,151.47.
2 Given a par value of $1,000, a 10-year maturity, an 8% annual coupon, and a current market price of $980, we can use the YTM formula to calculate the yield. By solving the formula, we find that the bond's YTM is approximately 8.27%.
2b. The price of the bond 3 years from today would be approximately $991.87.
Assuming the yield to maturity remains constant for the next 3 years, we can calculate the future price using the present value formula. With 7 years remaining to maturity (initial 10 years minus the 3-year period), a par value of $1,000, an annual coupon payment of $80 (8% of $1,000), and a yield to maturity of 8.27%, we can calculate the present value of the annuity of coupon payments over the remaining 7 years, which is approximately $450.47. Additionally, we calculate the present value of the par value at the end of the 7 years, which is $1,000 / (1 + 8.27%)^7 ≈ $541.40. Summing these two present values gives us the bond's price 3 years from today, approximately $450.47 + $541.40 = $991.87.
Given a par value of $1,000, a semiannual coupon rate of 8%, a 6-year maturity, and a yield to maturity of 7%, we can calculate the bond price. Since the coupon is paid semiannually, the annual coupon payment is $1,000 * 8% = $80. The number of coupon payments over the bond's life is 6 years * 2 = 12. Using the present value formula, we discount the future cash flows (coupon payments and the par value) by the yield to maturity (semiannually). The present value of the annuity of coupon payments is approximately $555.41, and the present value of the par value is $1,000 / (1 + 7%/2)^(6*2) ≈ $566.05. Summing these two present values gives us the bond's price of approximately $555.41 + $566.05 = $1,122.46.
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Alice loves all animals and is starting a new grooming business for dogs. She believes that animals are very important and plans to exceed any applicable regulations regarding cleanliness and health standards. Alice thinks some local regulations make no sense. For example, there is a local ordinance that all dogs must be kept on a leash at all times when not in a fenced area. Although Alice lives on a large lot with plenty of room for dogs to run free, she plans to obey the leash regulation and all others. She is aware, however, that members of the community have had success in changing local regulations by petitioning city council. Alice plans to proceed in that manner to attempt a change in the leash law. Alice's idea that dogs have basic rights, and her plan to exceed laws involving cleanliness and health standards is rooted in which of the following?A. Legal positivism.
B. The historical school.
C. Legal realism.D. Natural law.
E. Cost-benefit analysis.
Answer:
D. Natural law.
Explanation:
As a concept, natural law states that everyone, including people, animals and all other living things, e.g. trees, have God given or natural rights. These rights include our right to live and be free, and are not established by any law created by humans, instead we (and the rest of living creatures) are born with them. Laws made by human societies have no right to interfere or break natural laws, since natural laws are the basis of all other laws.
Some people believe that natural law only applies to humans, but others, e.g. ecologists and animal lovers, believe that they apply to all living creatures.
"What a given group of people appreciates" are their ___________. A. Cultural contexts b. Culture shock c. Cultural education d. Cultural values Please select the best answer from the choices provided A B C D
Answer:
d. Cultural values
Explanation:
Cultural values are the values and norms that are followed by a distinct society or a group of people. In other terms, values and norms developed within the society to form its basis are said to be the cultural values. The people believe, follow, and appreciate the values. They help in defining the ways of living and leading the life. The behavior, nature, and thinking of the society is influenced or structured as per the cultural values.
Answer:
D
Explanation:
I just took the assignment
Which of these people is most likely to be a commissioned employee? A. Waiter B.math teacher C.fast-food worker D.car salesperson
Answer:
D
Explanation:
Answer:
car sales person.
Explanation:
they make commission on every sale they make
Read the paragraph below to answer the following questions:
You are an international management consultant for an MNC. You are one of the executives on the business development management team, exploring the possibility of producing, marketing, and distributing their new, groundbreaking beverage product internationally. Your mission is to conduct a first draft of the political, economic, social, and technological analysis to evaluate the possibility of entering the Finish (Finland) market. You begin this analysis by addressing these questions: You are allowed to use your notes and credible online sources.
This is the first draft an analysis:
a. NMEA (market entrance analysis)
b. PEST analysis
c. International economic governmental analysis
d. A simple market research
In conclusion, conducting a PEST analysis would be the most appropriate approach to evaluate the possibility of entering the Finnish market for the MNC's new beverage product.
This analysis would provide a comprehensive understanding of the political, economic, social, and technological factors influencing the market and help inform the business development management team's decision-making process.
The paragraph provided outlines the role and objective of an international management consultant working for an MNC. The consultant is part of the business development management team tasked with evaluating the feasibility of introducing a new beverage product to the Finnish market. The consultant's initial task is to conduct a first draft of the political, economic, social, and technological analysis to assess the potential for market entry in Finland.
To address the questions posed, the appropriate analysis to conduct would be:
b. PEST analysis: PEST analysis stands for Political, Economic, Social, and Technological analysis. This framework allows the consultant to assess the external factors and their impact on the market entry decision. The consultant would research and analyze the political landscape of Finland, including government policies, regulations, and stability. They would also examine the economic factors such as GDP growth, inflation rates, and consumer spending habits. Additionally, the social aspects, such as cultural preferences, demographic trends, and consumer behavior, would be studied. Finally, the technological analysis would focus on advancements and trends in the beverage industry, including production techniques and distribution channels.
Conducting a comprehensive PEST analysis would provide insights into the opportunities and challenges of entering the Finnish market. It would help identify any potential political or legal barriers, economic factors affecting demand and pricing, societal preferences and trends, and technological factors influencing production and distribution.
While a simple market research study may provide valuable insights into the preferences and behaviors of the Finnish consumers regarding beverages, it would not capture the broader external factors that could impact the market entry decision. The NMEA and International Economic Governmental Analysis options are not commonly recognized frameworks and may not be as applicable or widely used in this context.
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You are moving all the resources of your company's cloud deployment from one cloud service provider to another. What will you need to investigate to ensure you can correctly perform migration?
a. downtime impact
b.virtualization format
c.Global time zones
d. working hours
To ensure a smooth migration of your company's cloud deployment from one service provider to another, there are a number of aspects you need to look at. Here are four crucial aspects to pay attention to:
1. Impact of Downtime: Consider how the migration procedure can affect your business operations. Establish the anticipated downtime and make plans to reduce it, such as establishing a failover environment or planning the migration for off-peak times.2. Virtualization Format: Recognise which virtualization formats the source and target cloud service providers support. This will assist the migration of your current virtual machines, containers, or images and help assure compatibility.3. Consider the international scope of your organisation and how time zones may impact migration.
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define ecommerce in business with example
Answer:
See below
Explanation:
eCommerce refers to business transactions conducted via internment. eCommerce is the short form of electronic commerce. It is the selling and buying of products and services through the internet platform. eCommerce includes other commercial transactions conducted online such as online/internet banking, online money transfers, online auctions, ticketing, and payments.
An example of eCommerce is the online retail stores where shoppers pick and select merchandise on the retail store's website and pay online. The retail store then organizes for the items to be delivered to the customer's premises.
the normal rate of return on equity capital is also known as
Felipe's uncle owns a large manufacturing business with offices in three states. This type of business would BEST be described as what?
The type of business that the uncle is said to have would be described as an entrepreneurial business.
What is an entrepreneurship?This is used to refer to the business that is owned by a single person. This person is called the entrepreneur who gets to enjoy either the profit or the loss that may occur in the business that he is operating.
The question says that the uncle has a chain of these businesses across three states, we can say that the uncle is an entrepreneur.
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Answer: corporate
Explanation: it has three locations in different states, which gives it a wide range of clients.
Where is the row selector located in Datasheet view?
above the top row of data
below the last row of data
to the left of the leftmost data
to the right of the rightmost data
Answer:
to the left of the leftmost data
Explanation:
A database management system (DBMS) can be defined as a collection of software applications that typically enables computer users to create, store, modify, retrieve and manage data or informations in a database. Generally, it allows computer users to efficiently retrieve and manage their data with an appropriate level of security.
A Datasheet view is simply the rows and columns of data in a table that are being displayed in database software application such as Microsoft Access and Excel.
In DBMS, rows are numbered numerically as 1, 2, 3, 4, 5, etc. from top to bottom while columns are labeled alphabetically as A, B, C, D, E, etc. from left to right. Thus, a row is the horizontal arrangement of cell while column is the vertical arrangement of cell in a spreadsheet (table of cells).
Generally, the row selector is located to the left of the leftmost data in Datasheet view.
Answer:
c
Explanation:
In a meeting, after hearing a member describe a problem to be addressed, all other members of the group first wrote down ideas and solutions. After this, everyone shared those suggestions without criticism. The group, one by one, clarified, critiqued, and then discussed the alternatives in the sequence in which they were first proposed. Finally, each member ranked all the alternatives, and the highest-ranking alternative was chosen. Which of the following decision-making techniques did the group implement?
A. nominal group technique
B. dialectical inquiry
C. Delphi technique
E. brainstorming
Answer:
A. nominal group technique
Explanation:
The technique being discussed here is nominal group technique. In which after hearing a member describe a problem to be addressed, all other members of the group first wrote down ideas and solutions. After this, everyone shared those suggestions without criticism.
Further, the groups one by one, clarified, critiqued, and then discussed the alternatives in the sequence in which they were first proposed. The last step is each member ranked all the alternatives, and the highest-ranking alternative was chosen.
Which of the following is not considered a source of economic growth?
a. consumption
b. natural resources
c. savings and investment
d. foreign sources of capital
Consumption is not considered a source of economic growth. While consumption is a crucial component of a country's economy, it does not create new wealth or increase productivity in the same way that natural resources, savings and investment, and foreign sources of capital can.
What exactly do you mean by consumption?
In economics, consumption is the use of products and services by households. Consumption is separate from consumption spending, which is the purchase of goods and services for home use.
What do you mean by economics?
Economics is the study of scarcity and its implications for resource utilization, product and service creation, production and welfare growth over time, and a variety of other intricate problems of essential societal concern.
How does resource utilisation work?
How much of your available resources are now being used depends on your resource utilisation. Planning how to use your resources more wisely will help you make sure that your business is operating as productively as possible.
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Choose the option that best matches the description given.
A different group of people who share similar needs is called a/an
Population group
Assistance group
Neighborhood
Please I need help
a company is in its first month of operations. on january 15, the company receives $600 from customers who will receive 10 voice lessons ($60 per lesson). as of january 31, the company has provided 8 voice lessons. what adjusting entry would be made at the end of january? post the adjusting entry for the scenario provided.
Service Revenue $480 would be made at the end of the january.
On Jan 31 Unearned revenue = (8x $60)
=$480
Service revenue = $480
Only a portion of the lessons are given this month; the remainder must be paid for next. Therefore, only the revenues that correspond to the rendered services will be recognized. Because there are only 8 classes available this month, only 8 lessons' worth of money will be recorded in January. After the lessons are delivered, the income for the remaining lessons will be recognized in the next month. Unearned revenue will be recorded up to the amount of services rendered. As a result, liability will decline while Service revenue rises.
Unearned revenue is income earned for services that have not yet been rendered. When a service is rendered in exchange for the income, the accrual system recognizes it.
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Note: Attempt any ONE question.
(1 x 20 = 20)
Q3. From the following particulars prepare a Treble Column Cash Book of Ahsan Trading Co.:
2013
May 01: Cash in hand Rs. 42,500 and at bank Rs. 50,000.
May 03: Purchased goods for cash Rs. 8,000.
May 06: Deposited into bank Rs. 6,500
May 07: Sold goods for cash Rs. 17,000 and amount is deposited into bank.
May 08: Sold goods to Farhan on credit Rs. 10,000.
May 10: Received from Farhan a cheque for Rs. 9,800 in full settlement of his account.
May 12: Paid Farhan's cheque into bank.
May 15: Paid salaries Rs. 5,000 by cheque.
May 18: Paid by cheque to Azhar Rs. 4,900 and discount received Rs. 100.
May 21: Withdrew cash Rs. 4,500 for personal use.
May 24: Goods sold to Kamran for cash Rs. 15,000.
May 26: Paid advertising expenses Rs. 900.
Answer:
WHats the question. Please let me know as soon as possible
Explanation:
Which paraphrases correctly matches a specific type of loan with the broader category it best fits?
A. Cash advance - short- term loan
B. Mortgage - short -term loan
C. Line of credit - Long- term loan
D. Credit card - alternative financing
The paraphrase successfully suits a particular kind of mortgage with a broader class of cash advance-short-time period.
What is a short-time loan?A quick time period mortgage is a kind of mortgage that is received to guide a transient non-public or commercial enterprise capital need.
As it's a kind of credit, it includes repaying the precept quantity with a hobby by a given due date, which is typically within a year of getting the mortgage.
Short-term loans are so named because of how quickly the mortgage must be paid off. In most cases, it should be paid off within six months to a year – at maximum, 18 months.
Any longer mortgage time period than this is taken into consideration as a medium time period or long time mortgage. Long-term loans can be completed for periods ranging from a few months to twenty-five years.
Some quick time period loans don’t specify a fee schedule or a particular due date. They truly enable the borrower to repay the mortgage at their own pace.
So, from the above statement, it's clear that choice A, Cash Advance-Short-Time Period Mortgage, is the appropriate choice.
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Answer:it’s A
Explanation:
Did the test foo
Strategic Sourcing is a comprehensive approach for locating and sourcing key suppliers, so that an organization can leverage its consolidated purchasing power to find the best possible values in the marketplace. true false
Strategic Sourcing is an integrated approach of finding and sourcing the most reliable and valuable suppliers so that an organization can leverage its consolidated purchasing power to find the best possible values in the marketplace.
Strategic sourcing requires collaboration and communication with internal stakeholders and suppliers to ensure all requirements are met. It’s a long-term procurement strategy that takes into account several factors, such as supplier performance, quality, cost, delivery time, risks, and innovation.
By using strategic sourcing, organizations can reduce their procurement costs, increase their competitiveness in the marketplace, and achieve long-term business objectives. This approach also helps organizations to mitigate supply chain risks, ensure business continuity, and maintain their reputation.
In conclusion, the statement "Strategic Sourcing is a comprehensive approach for locating and sourcing key suppliers, so that an organization can leverage its consolidated purchasing power to find the best possible values in the marketplace" is true.
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susan has a gross monthly income of $12,500. assuming a maximum front-end ratio of 33%, what is the maximum monthly housing expense a lender will allow for susan...?
If susan has a gross monthly income of $12,500. assuming a maximum front-end ratio of 33%, the maximum monthly housing expense a lender will allow for susan is : $4,125.
How to find the maximum monthly housing expense?Using this formula to determine the maximum monthly housing expense
Maximum monthly housing expense = Gross monthly income × Maximum front-end ratio
Where:
Gross monthly income = $12,500
Maximum front-end ratio = 33%
Let plug in the formula
Maximum monthly housing expense = $12,500 × 33%
Maximum monthly housing expense = $4,125
Therefore we can conclude that the maximum monthly housing expense is the amount of $4,125.
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the life inventory method assumes that the cost of the latest units purchased is:
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
What is the study of macroeconomics principally concerned with? A. Examining how business firms are structured B. Analyzing a personal or household financial budget C. Distinguishing between positive and normative science D. Measuring and maintaining the health of whole economies E. Identifying the source of value in the international free market
The study of macroeconomics is principally concerned with measuring and maintaining the health of whole economies. The correct answer is D.
Macroeconomics is the branch of economics that studies the overall functioning and behavior of a nation's economy as a whole. It focuses on the aggregate changes in the economy, such as unemployment rates, gross domestic product (GDP), and inflation.
Macroeconomics also examines the effects of fiscal and monetary policy on the economy, as well as the relationships between different sectors of the economy. It is an important tool for policymakers and economists to analyze and make decisions about the overall health and direction of a nation's economy.
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