To increase tax revenue, the U.S. government imposed a 2-cent tax on checks written on bank account deposits in 1932 (in today's dollars, about 34 cents per check). Complete the following statements on the impact of this tax on the money multiplier and the money supply. a. The tax on checks written would make people less likely to write checks. Thus, people might start holding more money as demand deposits . This would increase the currency-deposit ratio. b. Under this check tax, the money supply would have increased, because the currency-deposit ratio increased, which in turn increases the money multiplier. increased, because the currency-deposit ratio increased, which in turn decreases the money multiplier. decreased, because the currency-deposit ratio increased, which in turn increases the money multiplier. decreased, because the currency-deposit ratio increased, which in turn decreases the money multiplier. not changed, because the check tax would not impact the money supply or the money multiplier. c. Some economists argue the sharp decline in the money supply is at least partially at fault for the severity of the Great Depression. The check tax was intended to increase government revenue. However, the unintended consequence was to decrease deposits in banks, which reduced the money supply further. From this perspective, the check tax policy was a bad idea .

To complete the financial statements of Omega Company for the year ended June 30, 2001, we can use the provided ratios and additional information.

A. Net Profit to Sales Ratio = 5%

Net Profit = Net Profit to Sales Ratio * Sales

Net Profit = 0.05 * $2,000,000 = $100,000

B. Current Ratio = 1.5

Current Assets = Current Ratio * Total Liabilities

Total Liabilities = $60,000 (sundry creditors)

Current Assets = 1.5 * $60,000 = $90,000

C. Return on Net Worth = 20%

Net Worth = Net Profit / Return on Net Worth

Net Worth = $100,000 / 0.2 = $500,000

D. Inventory Turnover = 15

Cost of Goods Sold = Sales / Inventory Turnover

Cost of Goods Sold = $2,000,000 / 15 = $133,333

E. Share Capital to Reserve Ratio = 4:1

Share Capital = (4 / 5) * Reserve and Surplus

Share Capital = (4 / 5) * Net Worth = (4 / 5) * $500,000 = $400,000

Reserve and Surplus = $500,000 - $400,000 = $100,000

F. Tax Rate = 50%

Income Tax = Tax Rate * Net Profit

Income Tax = 0.5 * $100,000 = $50,000

Now we can complete the financial statements:

Omega Company Income Statement for the year ended June 30, 2001:

Sales: $2,000,000

Cost of Goods Sold: $600,000

Gross Profit: $1,400,000

Operating Expenses: $1,190,000

Earnings Before Interest and Tax: $210,000 (Gross Profit - Operating Expenses)

Debenture Interest: $10,000

Income Tax: $50,000

Net Profit: $100,000 (Earnings Before Interest and Tax - Debenture Interest - Income Tax)

Omega Company Balance Sheet as of June 30, 2001:

Assets:

Cash: To be determined

Stocks: To be determined

Debtors: To be determined

Fixed Assets: To be determined

Total Assets: To be determined

Liabilities:

Sundry Creditors: $60,000

10% Debentures: To be determined

Total Liabilities: To be determined

Equity:

Share Capital: $400,000

Reserve and Surplus: $100,000

Total Liability and Equity: To be determined

Please note that the values for Cash, Stocks, Debtors, Fixed Assets, 10% Debentures, Total Assets, Total Liabilities, and Total Liability and Equity need to be provided in order to complete the financial statements accurately.

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Answer:

Cell phone usage while driving is prohibited at any age

Answer:

unless of emergancy

Explanation:

The upper and lower 3 - sigma chart limits would be 18.32 and 0 respectively.

The 3-sigma control chart is a type of control chart that uses a mean line and control limits that are three standard deviations above and below the mean.

The mean is :

= (7 + 9 + 9 + 11 + 7 + 8 + 1 + 10 + 13 + 2) / 10 = 77 / 10

= 7.7

The standard deviation (σ ) is :

= √ ([0.49 + 1.69 + 1.69 + 10.89 + 0.49 + 0.09 + 44.89 + 5.29 + 28.09 + 32.49] / 10)

= √([125.1] / 10)

= √[12.51]

= 3.54

Upper control limit (UCL) = mean + 3σ = 7.7 + 3 * 3.54

= 18.32

Lower control limit (LCL) = mean - 3σ = 7.7 - 3 * 3.54

= -2.92

The lower control limit cannot be negative because we cannot have a negative number of defective items. So, in practice,  set the lower control limit at zero.

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Answer:

Most states do not allow the third-party claimant to proceed

against the insurer, once he has been paid the maximum recover-

able on the policy, except as the policyholder's assignee. Some

states, however, have altered this result either by using statutes to

create an assignment where the policyholder has not voluntarily

made one, or by fashioning a direct third-party suit against the insurer.

No, a 70-year-old father cannot be claimed as a dependent by his son on his taxes. To be eligible to be claimed as a dependent on someone else's taxes, the person must be a qualifying child or a qualifying relative. The person must meet certain criteria, including:

Must be a U.S. citizen, U.S. resident alien, U.S. national, or a resident of Canada or Mexico.

Must not have provided more than half of their own support during the tax year.

Must not have earned more than the applicable dependency exemption amount, which for 2021 is $4,000.

Must not be claimed as a dependent by someone else.

A 70-year-old father is not considered a qualifying child and may or may not meet the criteria to be considered a qualifying relative, but since he is not a qualifying child, he cannot be claimed as a dependent by his son on his taxes.

Answer:

earned income is received through rent

Answer: d. Calculate his net working capital

Explanation:

A company's liquidity is shown by the current assets that it has. These assets are to be used to pay off current liabilities as well so in checking for liquidity, it is best to remove current liabilities from current assets as this shows how liquid the company is in that period.

This is what the Net Working Capital is. It is a result of deducting the Current liabilities from the current assets. When Thomas calculates this, he will be able to see how liquid his company is and if he is able to pay off short-term debt and still have enough for other transactions.

El principal efecto de la adaptación al cambio para la humanidad es la evolución y supervivencia.

Todos lo seres vivos, incluyendo a la especie humana tienen la capacidad de adaptarse a cambios. Los tipos de cambios más comunes incluyen:

Está capacidad de adaptación ha sido esencial durante cientos de años para la evolución y supervivencia de la humanidad. Aquí hay algunos ejemplos:

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Each of these careers can be a good choice for someone interested in "show business" as they offer opportunities to work closely within the entertainment industry and contribute to its success. They provide a chance to be involved in the operations, financial management, marketing, and promotion of films and theaters.

Senior Vice President of Theatre Operations:

This role involves overseeing the operations and management of theaters within a company. Responsibilities may include developing and implementing operational strategies, managing budgets and financial performance, coordinating with production teams, ensuring smooth theater operations, and enhancing the overall customer experience. An example of someone who holds this position is Mark Manuel, Senior Vice President of Theatre Operations at AMC Theatres.

Media Production Accountant:

A media production accountant is responsible for managing the financial aspects of film and television production. They handle budgeting, cost tracking, payroll, financial reporting, and ensuring compliance with industry regulations. Their role is crucial in managing the financial resources of a production, tracking expenses, and providing accurate financial information for decision-making. Relevant education in accounting or finance is essential for this career, and knowledge of the entertainment industry can be beneficial.

Social Media Director, Film Marketing Agency:

As a social media director in a film marketing agency, the role involves developing and implementing social media strategies to promote films. They oversee social media campaigns, manage content creation, engage with audiences, analyze performance metrics, and work closely with marketing teams. Their job is important in building an online presence, creating buzz, and engaging fans within the film industry. A background in marketing, communication, or digital media is typically desired for this role.

Each of these careers can be a good choice for someone interested in "show business" as they offer opportunities to work closely within the entertainment industry and contribute to its success. They provide a chance to be involved in the operations, financial management, marketing, and promotion of films and theaters. These roles allow individuals to work behind the scenes, making critical decisions and supporting the overall success of productions. Additionally, being part of the entertainment industry can be exciting and fulfilling for those passionate about the world of show business.

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Answer and Explanation:

The computation of the overhead rate for each activity is as follows;

Overhead rate is

= Respective overhead cost ÷ Respective activity

For Machine setups

= ($202,800 ÷ 2,600 setups)

= $78 per setup

For Machining

= ($364,500 ÷ 24,300 machine hours)

= $15 per machine hour

For Inspection

= ($88,000 ÷ 1,600 inspections)

= $55 per inspection

In this way it is calculated

Answer:

costs that stay the same regardless of how much of a good or service is produced

Explanation:

In the short run, fixed costs are the expenses that do not change regardless of the output level. In other words, fixed costs remain a constant amount throughout the financial period.  Examples of fixed costs include rent, administrative salaries, insurance, and loan repayments. These amounts will be the same irrespective of production levels.

Fixed costs contrast with variable costs that vary depending on the output level.

Answer:

hope help to u

Explanation:

Metropolitian Area Network

Answer:

metropolitian area network

Organizations should monitor and analyze three main types of cash flow: cash flow from operating operations, cash flow from investment activities, and cash flow from financing activities. These three categories of cash flow can be used to determine the liquidity and solvency of the company. All three appear on the cash flow statement of a business.

What are the three financial statements?

Income statement, balance sheet, and cash flow statement are all required financial statements.

                            Trading professionals can utilize these three statements as instructional tools to evaluate a company's financial standing and swiftly ascertain its true worth.

Why Are Investment Activities Important?

The line item for investing activities is one of the most significant ones on a company's cash flow statement.

                                You can learn from them about how a company might develop in the future and generate more income.

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the correct answer is c. technical skills

Preparing a budget is an example of technical skills under several management skills.

A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future spending and saving in addition to anticipated income and expenses.

However Budgeting is the act of estimating a company's income and expenses for a given time period. Examples include the sales budget created to project the company's sales and the production budget created to predict the company's output, among others.

There are four sorts of budgets that businesses typically employ: incremental, activity-based, value-based, and zero-based are the first four.

Therefore, One of the most crucial competencies for someone working in business management is budgeting. The fundamentals of budgeting involve setting goals and making choices on particular spending patterns. Understanding the fundamentals of business is the most crucial component of finance.

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Sooraj is effective in his work. This is because Sooraj was able to sell 1200 units of food packets in a month. Although he provided a 10% discount on the food packets, he was still able to meet his monthly sales target.

In addition, Sooraj offered a 15% discount on the last two days of the month to increase his sales target. It can be seen that the customers were attracted to the discount offer and Sooraj was successful in selling more units.

So, he is effective in his work because he was able to sell 1200 units of food packets in a month by offering a maximum of 10% discount to his customers and providing 15% discount to his customers on the last two days of the month.

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Answer:

oh its ibo shack

Explanation:

sonar

Answer:

                          Preferred Stock              Common Stock

                     (dividend per share)        (dividend per share)

Year 1                        $1.50                                    $0.75

Year 2                       $0.60                                   $0.00

Year 3                       $2.40                                    $1.05

Explanation:

For Year 1:

Total dividend distributed = $75,000

Preferred shareholders' dividend = $50 * 25,000 * 3% = $37,500

Preferred shareholders' dividend per share = $37,500 / 25,000 = $1.50

Common stockholders' dividend = Total dividend distributed - Preferred shareholders' dividend = $75,000 - $37,500 = $37,500

Common stockholders' dividend per share = $37,500 / 50,000 = $0.75

For Year 2:

Total dividend distributed = $15,000

Dividend payable to preferred shareholders = $50 * 25,000 * 3% = $37,500

Dividend paid to preferred shareholders = $15,000

Preferred shareholders' dividend per share = $15,000 / 25,000 = $0.60

Preferred shareholders' dividend carried forward = Dividend payable to preferred shareholders - Total dividend distributed = $37,500 - $15,000 = $22,500

Common stockholders' dividend = $0

Common stockholders' dividend per share = $0

For Year 3:

Total dividend distributed = $112,500

Total dividend paid to preferred shareholders = $37,500 + Preferred shareholders' dividend carried down from Year 2 = $37,500 + $22,500 = $60,000

Preferred shareholders' dividend per share = $60,000 / 25,000 = $2.40

Common stockholders' dividend = Total dividend distributed - Total dividend paid to preferred shareholders = $112,500 - $60,000 = $52,500

Common stockholders' dividend per share = $52,500 / 50,000 = $1.05

Money has durability  if it doesn't deteriorate when it is being handled.

Money is anything that serves as a medium of exchange. A medium of exchange is anything that is widely accepted as a means of payment.

Money serves three basic functions.

A Medium of Exchange- —money serve as a medium of exchange,

A Unit of Account-Money serves as a unit of account, which is a consistent means of measuring the value of things.

A Store of Value-is to serve as a store of value, that is, an item that holds value over time.

Money has durability  if it doesn't deteriorate when it is being handled.

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Suppose you deposit $1500 into an account that pays 7% annual interest, compounded daily. To find the balance after 2 years, we can use the formula for compound interest:

A = P(1 + r/n)^(n*t)

where A is the balance, P is the principal (the initial deposit), r is the annual interest rate as a decimal, n is the number of times the interest is compounded per year, and t is the time in years.

In this case, P = $1500, r = 0.07, n = 365, and t = 2. Substituting these values into the formula, we get:

A = 1500(1 + 0.07/365)^(365*2)
A = 1500(1.00019196)^730
A = 1500(1.15229558)
A = $1728.44

Therefore, the balance after 2 years with daily compounding is $1728.44, rounded to the nearest cent. This means that your initial deposit of $1500 has earned you $228.44 in interest over the course of 2 years.

The amount to be reported as research and development expense on Ivanhoe's income statement for 2023 is $317,700

Materials consumed in research projects 61,700, Materials consumed in the development of a product committed for manufacturing in the first quarter of 2024 34,200,Consulting fees paid in the last quarter of 2023 to outsiders for research and development projects, including $4,500 for advice related to the $34,200 of materials used above 87,200, Personnel costs for research and development projects 108,100, Indirect costs reasonably allocated to research and development projects 26,500, Total research and development expense income statement is $317,700, Note that the cost of equipment acquired for use in research and development projects is not expensed in the current period, but rather depreciated over its useful life.

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Customers might sometimes describe contradictory needs which means Option C. Customers sometimes describe needs that oppose each other.

When customers require two different things that cannot be addressed by the same product, it is referred to as a conflicting requirement. There are many reasons why customers may have conflicting needs. Some customers might have a requirement for a product to be both inexpensive and of high quality, for example. Others may desire a product that is both small and powerful. Customers may sometimes find it difficult to articulate what they want, which might result in vague descriptions.

This might make it more difficult for the supplier to provide a solution that satisfies the customer’s needs. Customer service staff must be trained to engage with customers and listen actively to their concerns. They must also be able to identify when there is a contradictory requirement and provide solutions that address the customer's needs in a way that satisfies the customer's expectations while also meeting the supplier's operational needs. Understanding customer needs is an important part of the customer service profession, and it may take some time and effort to develop the necessary skills.

Some customers are very detailed in describing their needs, which can be beneficial for suppliers because it allows them to provide an appropriate solution for the customer. Overall, being aware of conflicting customer requirements is essential in the customer service sector to provide an effective solution. Therefore, the correct option is C.

The question was incomplete, Find the full content below:

Customers might sometimes describe contradictory needs.

A. A customer's needs can sometimes be confusing.

B. Customers might sometimes give vague descriptions.

C. Customers sometimes describe needs that oppose each other.

D. Some customers are extremely thorough in describing their needs.

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Answer:

The net operating income in the given period will be higher using absorption costing.

Explanation:

Giving the following information:

Fixed manufacturing vosts= $6,000

The budgeted denominator level is 1,000 units.

Units produced total 750 units.

Units sold total 600 units.

The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

The units that weren't sold would carry fixed manufacturing costs to ending inventory. Therefore, the net operating income in the given period will be higher in absorption costing.

Answer:

the active business of promoting and selling products or services, including market research and advertising

Answer:

D

Explanation:

D. Research and analyze the sales of his competitors with the help of trade magazines and salespeople.

Answer:

12= 0.75x +1.5y

Explanation:

Josephine's budget constraint is represented by 0.75 + 1.5x ≤ 12 and thus Josephine can buy 7 lottery tickets.

A difference between two values indicates whether one is smaller, larger, or basically not similar to the other.

A mathematical phrase in which the sides are not equal is referred to as being unequal. In essence, a comparison of any two values reveals whether one is less than, larger than, or equal to the value on the opposite side of the equation.

Let's say the number of lottery tickets that Josephine can buy = x

Then,

1.5x = the Total amount of money for a lottery ticket.

Now,

Coffee cost + Lottery cost ≤ Budget

0.75 + 1.5x ≤ 12

1.5x ≤ 11.75

x ≤ 7.5 so Josephine can buy only 7 tickets.

Hence "Josephine's budget constraint is represented by 0.75 + 1.5x ≤ 12".

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The term “income” generally refers to the amount of money, property, and other transfers of value received over a set period in exchange for services or products.

The amount of money, property, as well as other transfers of the value obtained over a predetermined period in return for services or goods, are often referred to as "income." Income is defined by the context in which the word is employed; there is no single, universal definition.

Income from the selling of goods or services is one type of business income that is permissible. For instance, a person's fees from the regular practice of a profession are considered business revenue. Rent payments made by a real estate investor are considered business revenue.

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Answer:

the value of good increases (goes up)

Answer:

bébete la pastilla Randy jariel