The statement when an organization decides to use contingent workers for a project, it is making a trade-off between completing a single project quickly and cheaply versus developing people within its own organization is false
When an organization decides to use contingent workers for a project, it is making a trade-off between completing a single project quickly and inexpensively (i.e., cheaply) versus investing in the development of its own employees.
In other words, the organization must weigh the short-term benefits of hiring outside workers who are already skilled and experienced, against the long-term benefits of developing its own employees' skills and expertise through on-the-job training and development opportunities.
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Assume you are a marketing manager for Kroger grocery stores. All of the following represent sources of secondary data that could help inform marketing mix decisions with the goal of attracting new consumers EXCEPT: a Survey data collected by a syndicated service that describes how often a panel of consumers grocery shop (weekly, bi-weekly, daily, etc.) b Past complaints from Kroger consumers regarding product quality that are stored in an internal data warehouse. c American Community Survey data indicating any change in the amount of disposable income consumers have experienced over the past year d Data that will be collected by Kroger next month using a survey to determine what marketing mix is most effective in attracting new consumers e Census Bureau data indicating the salaries of consumers in the geographical areas surrounding stores
The source of secondary data that would not help inform marketing mix decisions with the goal of attracting new consumers is option c) American Community Survey data indicating any change in the amount of disposable income consumers have experienced over the past year.
While disposable income is an important factor to consider in marketing mix decisions, such as pricing strategies and product offerings, it does not specifically provide insights into attracting new consumers. Disposable income data can help understand the purchasing power of consumers and their ability to spend on groceries, but it does not provide direct information about consumer preferences, behaviors, or the most effective marketing tactics to attract new customers.
On the other hand, options a), b), d), and e) all provide valuable secondary data that can inform marketing mix decisions to attract new consumers:
a) Survey data collected by a syndicated service that describes how often a panel of consumers grocery shop can help understand the frequency of shopping habits, which can influence promotional strategies, store layout, and product availability.
b) Past complaints from Kroger consumers regarding product quality, stored in an internal data warehouse, can provide insights into areas of improvement, product preferences, and potential barriers to attracting new consumers.
d) Data that will be collected by Kroger next month using a survey to determine what marketing mix is most effective in attracting new consumers directly addresses the goal of attracting new customers and provides valuable insights into the preferences, perceptions, and needs of potential consumers.
e) Census Bureau data indicating the salaries of consumers in the geographical areas surrounding stores can help Kroger understand the income levels of potential consumers and tailor marketing efforts accordingly, such as pricing strategies, promotions, and product offerings.
In summary, while all the mentioned sources of secondary data are valuable for various marketing purposes, option c) American Community Survey data on changes in disposable income is not specifically focused on attracting new consumers and may not provide direct insights into effective marketing mix decisions for that specific goal.
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If a formal report is very long, a(n) ________ briefly summarizes the most important information in the report allowing managers to decide whether or not to read the entire document or just parts of the document.
Based on business writing styles, If a formal report is very long, an Executive Summary briefly summarizes the most important information in the report allowing managers to decide whether or not to read the entire document or just parts of the document.
What is an Executive Summary?Executive Summary is the part of the formal report that contains all the necessary details of the formal report.
Executive Summary allows the readers to have an overview of what is in the formal report, thereby making the readers get informed of the complete information of the formal report.
Hence, in this case, it is concluded that the correct answer is Executive Summary.
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Anika, a division manager, is purchasing materials to ensure she has enough to meet customers' demands. Anika is engaging in the ________. A) planning function B) directing function C) controlling function D) decision function
Anika, a division manager, is purchasing materials to ensure she has enough to meet customers' demands. Anika is engaging in the directing function. Thus, the correct option is B.
What is Directing function?Directing function can be said to be a process in which the managers instruct, guide, and oversee the performance of all the workers of the organization to achieve predetermined goals. Directing function is said to be the heart of the management process in an organization. Planning, organizing, staffing have got no importance if the direction function does not take place properly.
There are four primary elements of the directing function which include supervising, motivating, leadership, and communication. The importance of Directing function include initiating actions, ensures co-ordination, improves efficiency, facilitates change and assists stability and growth.
Therefore, the correct option is B.
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Marketing has not always been viewed as an important part of business.
O True
O False
This is true that marketing has not always been viewed as an important part of business.
What is marketing?Marketing has not always been viewed as an important part of business. In fact, in the early days of capitalism, businesses primarily focused on production and viewed marketing as a secondary activity. It was not until the early 20th century that marketing began to be recognized as a distinct and important function of business.
The emergence of mass production, mass communication, and mass distribution systems in the early 20th century created a need for businesses to differentiate themselves from their competitors and reach out to their target customers through advertising and other promotional activities. This led to the growth of the advertising industry and the development of marketing as a key business function.
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how do moral standards and questions differ from other kinds of questions?
Moral standards and questions differ from other kinds of questions in that they require consideration of ethical and moral values.
Moral standards are the principles that guide our behavior and decisions, and they are based on our values and beliefs. Moral questions, on the other hand, are the inquiries that we make about these standards and how they apply to specific situations.
Other kinds of questions, such as factual or scientific questions, deal with objective information and can often be answered with evidence or data. Moral questions, however, often involve subjective judgments and may not have a clear or definitive answer.
In conclusion, moral standards and questions are unique because they focus on issues of ethics and morality, and they require us to reflect on our values and beliefs in order to make decisions.
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In what seven (7) way can we promote good marriage in the society
Answer:
1.being loving
2bieng understanding
3being loy
What is the best way to avoid botulism in food handling
Answer:
To prevent foodborne botulism: Use approved heat processes for commercially and home-canned foods (i.e., pressure-can low-acid foods such as corn or green beans
Explanation:
How would you manage the school if you are the headmaster?
Answer:
i wouldn't manage
Explanation:
What type of product/service management did Ray do?
The product/service management that Ray do was that He had made his design department to be able to design a furniture piece.
What was Ray doing?Product service management (PSM) is known to be a kind of a marketing function that is said to be based on making better a product or service due to market changes.
Note that involves an ongoing analysis of their features so that one can be able to improve as well as modify the items that are needed.
Ray in the above is carrying out marketing information management by gathering information from customers to use so that he can set up the theater system seats. The activities is one that entail pricing and the use of the channel management function.
Therefore, The product/service management that Ray do was that He had made his design department to be able to design a furniture piece.
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1. With an ownership investment, investors do which of the following:
2. The amount of interest you earn in a typical savings account is about
3. Compounding can be described as
4. If you are 17 right now, what is the best age to begin investing?
5. For an investment to yield positive results at the end of the investment period, the earnings should
6. A formal legal agreement between a lender and a borrower usually includes a
7. Who is legally responsible for repaying a bank loan if the loan borrower fails to make payments as indicated in the loan contract?
8. What kind of insurance protects you from loss if you let someone drive your car and that person has an accident?
9. Chloe is preparing her income tax return for the first time. She is a receptionist, does not own any land or real estate, and has not inherited any money from a deceased relative within the last tax year. She will only be taxed on
10. Governments pay for public services such as police protection, road repairs, and public education by
11. One of the benefits to some individuals of using Form 1040 to file their personal income tax is that this form enables them to
12. When preparing a personal income tax form, parents report some of their childcare expenses to receive
13. The apartment building you live in has been destroyed by a tornado, what insurance would cover your belongings?
14. Your car has been stolen, what insurance coverage would you need to have to get a replacement car?
15. The car you are driving causes an accident that injures someone riding in your car, what insurance would cover your passenger’s injuries?
16. You get food poisoning from the local carnival and are sick all night.
17. You are injured in an accident and are unable to work for 2 months, what insurance would help supplement your income during that time?
18. Your garage was destroyed by a fire which started by a lightning bolt hitting your home, what insurance would repair your garage?
19. While driving to the mall, you are pulled over and receive a speeding ticket, what insurance would cover this?
20. While driving, you have brake failure. You hit a telephone pole and cause damage to the front of the car, what insurance coverage would you need to get your car repaired?
21. A mother, who is financially responsible for her young children dies from an undetected heart defect, what insurance could she have purchased to help support her children after her death?
22. A doctor diagnoses a child with tonsillitis during a visit to a clinic, what insurance would be used?
23. You hit someone else’s car and damaged it so you need to pay for their car’s repairs.
24. You cause a vehicle accident in your car and you receive an injury, what insurance would cover your injury?
25. Your car is totaled in an accident caused by someone without liability insurance, what if any insurance you can purchase to insure yourself against this?
26. Someone breaks into your apartment and steals your television, what insurance coverage would replace your television?
27. Your friend is injured while riding in your car when you collide with a tree, what insurance would pay for your friend’s injury?
What insurance would pay for your vehicle repairs?
28. The person who hit you does not have enough insurance for your medical bills, is there any insurance you can purchase to insure yourself against this?
29. An unexpected death of a family member results in funeral expenses, what insurance could help with this?
30. You cause an accident and injure the driver and passenger of the other vehicle, what insurance do you have that will pay for their medical bills?
1- With an ownership investment, investors purchase assets such as stocks, real estate, or businesses, with the expectation of receiving a return on their investment through capital gains or income generated by the asset.
2-The amount of interest earned on a typical savings account can vary, but it is generally low, often around 0.01% to 0.05% per year.
3-Compounding refers to the process of reinvesting earnings generated by an investment back into the investment, allowing the investment to grow at an increasing rate over time.
4-The best age to begin investing depends on an individual's financial situation and goals. Generally, the earlier an individual starts investing, the more time they have to benefit from the power of compounding and potential market gains. However, it is important to also prioritize building an emergency fund and paying off high-interest debt before investing.
5- For an investment to yield positive results at the end of the investment period, the earnings from the investment should exceed the initial investment amount and any associated fees or expenses.
6- A formal legal agreement between a lender and a borrower usually includes a loan contract that outlines the terms and conditions of the loan, such as the loan amount, interest rate, repayment schedule, and any fees or penalties.
7- The borrower is legally responsible for repaying a bank loan, even if they fail to make payments as indicated in the loan contract. This may result in legal action, such as wage garnishment or asset seizure.
8- Liability insurance typically protects the policyholder from financial loss if someone is injured or their property is damaged as a result of the policyholder's actions, such as letting someone drive their car.
9- Chloe may be taxed on her income from her job as a receptionist, including wages, tips, and bonuses. She may also be eligible for certain tax credits or deductions.
10-Governments typically pay for public services through taxes, such as income taxes, sales taxes, and property taxes.
11- One benefit of using Form 1040 to file personal income tax is that it allows individuals to claim various deductions and tax credits that may reduce their tax liability.
12- When preparing a personal income tax form, parents may report some of their childcare expenses in order to receive certain tax credits, such as the Child and Dependent Care Credit.
13- Renters insurance typically covers a policyholder's personal belongings in the event of damage or loss due to a covered peril, such as a tornado.
14- If the policyholder has comprehensive or collision insurance, it may cover the cost of replacing their stolen car.
16- Personal injury protection (PIP) or medical payments coverage may cover a passenger's injuries resulting from an accident in the policyholder's car.
17- Medical insurance may cover the cost of treatment for food poisoning.
18- Disability insurance may help supplement an individual's income if they are unable to work due to injury or illness.
19- Homeowner's insurance may cover the cost of repairing or rebuilding a garage that was damaged or destroyed due to a covered peril, such as a fire caused by lightning.
20- Auto insurance may cover the cost of a speeding ticket, but this would depend on the specific terms of the policy.
21- Collision insurance may cover the cost of repairing the car after an accident caused by brake failure.
22- Life insurance may provide financial support for a policyholder's dependents in the event of their death.
23- Health insurance may cover the cost of treatment for tonsillitis.
24- The policyholder's liability insurance may cover the cost of the other driver's car repairs.
25- Personal injury protection (PIP) or medical payments coverage may cover the policyholder's injury resulting from an accident in their car.
26- Uninsured motorist coverage may provide coverage for the
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When a firm decides to use robots to produce its output, what question is the firm answering?
When a firm decides to use robots to produce its output, the question it is answering is how to improve efficiency and productivity in its production process.
By incorporating robots into the production line, the firm aims to automate tasks that were previously done by human workers. This decision is driven by the desire to reduce costs, increase output, and enhance quality control.
By using robots, the firm can achieve several benefits. Firstly, robots can work continuously without the need for breaks or rest, leading to increased production capacity and output. Secondly, robots can perform repetitive and mundane tasks more efficiently than humans, minimizing the possibility of errors and defects in the products. This contributes to improved quality control and customer satisfaction. Lastly, robots can handle dangerous or hazardous tasks, ensuring the safety of workers and reducing workplace accidents.
When a firm decides to employ robots, it is considering the potential advantages of automation. By automating certain production processes, the firm can reduce labor costs in the long run. Although the initial investment in acquiring and setting up robots can be high, the savings in labor costs, such as wages and benefits, can outweigh these costs over time. Additionally, robots can work faster and with greater precision than humans, leading to increased efficiency in production. This can result in higher output levels and faster delivery times, which can be beneficial for meeting customer demands and gaining a competitive edge in the market. Moreover, by utilizing robots, firms can also minimize the risk of human error, resulting in improved product quality and reliability. Finally, robots can perform tasks that are physically demanding or hazardous, protecting workers from potential injuries or accidents.
When a firm decides to use robots to produce its output, it is answering the question of how to improve efficiency, reduce costs, enhance quality control, and ensure worker safety. By leveraging the capabilities of robots, firms can increase productivity, streamline production processes, and achieve a competitive advantage in the market.
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3. If GDP is $10 million, consumer spending is $5million, Government is $3 milion, net exports is 1 million, how much is investment? A. $ 0 million B. $ 1 million C. $ 2 million D. $ 3 million
. A quadratic polynomial whose one zero is 6 and the sum of the zeroes is 0, is x*2-6
True
False
pls tell fast
Answer:
False
Explanation:
From the question, we can see that a quadratic polynomial is made up of two elements or variables called zeros in this question
From the question, we are told that one variable (zero) = 6
The second variable (zero) = unknown , therefore we can represent the second variable as Y
We are told that the sum of the variables = 0
This means:
6 + Y = 0
Therefore, Y = 0 - 6
Y = -6.
The second variable ( zero) = - 6
Since it is a quadratic polynomial,
The roots of the polynomials are the variables 6 and -6
Hence, we have:
(x + 6) (x - 6) = 0
Expanding the brackets
x² - 6x + 6x - 36 = 0
= x² - 36 = 0
Therefore, a quadratic polynomial whose one zero is 6 and sum of the zero is 0 is x² - 36 = 0
This means the statement made in the question above "A quadratic polynomial whose one zero is 6 and sum of the zero is 0 is x²-6" is false
18-11 purchasing power parity in the spot market, 22.4 mexican pesos can be exchanged for 1 u.s. dollar. a compact disc costs $15 in the united states. if purchasing power parity (ppp) holds, what should be the price of the same disc in mexico?
If PPP holds, the same compact disc that costs $15 in the United States should cost 336 Mexican pesos in Mexico.
The concept of purchasing power parity (PPP) suggests that exchange rates should adjust in such a way that identical goods have the same price in different countries.
In other words, if PPP holds, a product that costs $15 in the United States should have an equivalent price in Mexico, accounting for the exchange rate between the two currencies.
Using the information provided in the question, we know that 22.4 Mexican pesos can be exchanged for 1 U.S. dollar.
Therefore, we can calculate the equivalent price of the compact disc in Mexico by multiplying the U.S. price by the exchange rate:
$15 x 22.4 = 336 Mexican pesos
So, if PPP holds, the same compact disc that costs $15 in the United States should cost 336 Mexican pesos in Mexico.
This assumes that there are no additional costs or fees associated with importing the product into Mexico, such as taxes, tariffs, or shipping expenses.
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list your personal interest
Answer:
my interest is to reach conqueror in pubg mobile
customer service and ________ are two of the value drivers that managers can utilize when trying to improve a firm’s differentiation strategic position.
Value drivers are elements that raise the value of a good, service, asset, or enterprise. When it comes to a product, it may be a differentiating feature that turns it into a must-have for consumers.
Your customer value drivers are selling aspects that make your product or service useful to customers, from product performance to simplicity of delivery. These value drivers show how much customers are prepared to pay for your goods or services as well as which product advancements will yield the greatest returns on investment. A value driver is a task or skill that raises the value of a good, service, or brand. An activity or capability that increases profitability, lowers risk, and fosters growth in line with strategic goals is referred to as a value driver.
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milk should ______ (keep) in a fridge.
Banks that practice fractional reserve banking are able to:
A. change the interest rates on loans for any reason.
B. provide financial services to customers at no cost.
C. lend most of the money they hold as deposits.
D. return all of their deposited cash at any time.
Answer:
C. lend most of the money they hold as deposits.
Explanation:
Banks that practice fractional reserve banking are able to lend most of the money they hold as deposits.
Fractional reserve banking is a banking system in which banks are required to hold only a fraction of the money deposited by customers in reserve while lending out the remaining amount to earn interest. The fraction of deposits that banks are required to hold in reserve is typically set by central banks or regulatory authorities.
This means that banks are able to lend out most of the money they hold as deposits, while still maintaining enough reserves to meet their obligations to depositors. This practice allows banks to earn interest on loans and generate profits, while also providing a source of credit for borrowers who need it.
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Public schools and highways are examples of
Assistance with my Account work please!!
Could someone explain every step so I can understand
Answer:
The correct answer is C prepayment $3,300.
Explanation:
In this case, John paid $16,500 for advertising in the local newspaper, which covered a period of 15 months until 31 March 2009. Since John's financial year ends on 31 December, the amount paid for advertising will be recorded as a prepayment in his balance sheet at 31 December 2008.
The amount of the prepayment can be calculated by dividing the total amount paid for advertising by the number of months covered, which is 15 months. This results in a prepayment of $16,500 / 15 months = $1,100 per month. Since the prepayment covers the period from 1 January 2009 to 31 March 2009, the total amount of the prepayment at 31 December 2008 will be $1,100 * 3 months = $3,300. Therefore, the correct answer is C prepayment $3,300.
Widgets, Inc. makes a $300 on Widhets, Inc. makes a $300 account sale to Custom Motors. How is the sale recorded in the Accounts Receivable subsidiary ledger?
A. It is recorded upon payment
B. as $300 payment
C. as $300 credit
D. as $300 debit
how many peoples in kerala
Answer:
2million
Explanation:
I hope naka tulong
Answer:
34.8 million
Explanation:
its divided in 14 district
Genes can be turned on or turned off; not all genes are active at one time.
O False
O True
Answer:
False
Explanation:
explanation
Which of the following items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants: weigh all sides of decisions.
a. weigh all sides of decisions.
b. attending annual meetings.
c. generate innovative approaches to accounting.
d. integrity and objectivity.
Integrity and objectivity are the items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants.
What is meant by professional code of ethics?This is the term that is used to refer to the code that is used to apply to all of the people that would work in a particular organization that are meant to guide the behavior of the people in the organization and also check the ways that people would act.
Hence we can say that Integrity and objectivity are the items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants..
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How far does the price of Telecom stock have to fall for you to get a margin call if the maintenance margin is 30%?
The price of Telecom stock has to fall $35.71 or lower to get a margin call if the maintenance margin is 30%
Current market price = $50 per share
Amount to be invested = $5000
Additional amount borrowed = $5000
Interest Rate = 8%
a.
200 shares of Telecom are bought at the rate of $50 for $10,000.
Increase in value = By 10%, or $1,000.
Calculating interest paid -
= 0.08 x 5,000
= $400
Calculating the rate of return -
= Price increase – Interest paid/borrowed investment
= $1000 - $400 / $5000
= 0.12 or 12%
b.
The value of the 200 shares is = 200P.
Therefore equity will be = 200P – $5,000.
Calculating the margin call -
= 200P - $5000 / 200P
= 0.30
when P = $35.71 or lower
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Complete Question:
You are bullish on Telecom stock. The current market price is $50 per share, and you have $5,000 of your own to invest. You borrow an additional $5,000 from your broker at an interest rate of 8% per year and invest $10,000 in the stock.
a. What will be your rate of return if the price of Telecom stock goes up by 10% during the next year? (Ignore the expected dividend.)
b. How far does the price of Telecom stock have to fall for you to get a margin call if the maintenance margin is 30%? Assume the price fall happens immediately.
explain the availability and use of factors of production as method of growing the economy
The availability and use of factors of production play a critical role in growing the economy. The four primary factors of production include land, labor, capital, and entrepreneurship. The land is the natural resources available for production, such as soil, minerals, and water. Labor refers to the human effort involved in the production process, including physical and mental skills. Capital refers to the physical assets used in the production process, such as machinery, tools, and buildings. Entrepreneurship refers to the process of combining the other three factors to create a business venture.
The availability of these factors determines the extent to which an economy can grow. For example, a country with abundant natural resources can use them to increase production and grow its economy. Similarly, a country with a large and skilled labor force can produce more goods and services, which can lead to economic growth.
Moreover, the efficient use of factors of production can increase productivity and growth. For instance, the use of advanced technology and machinery can reduce the labor required for production, leading to cost savings and increased efficiency.
Overall, the availability and effective use of factors of production can significantly contribute to economic growth and development.
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Calculate the exergy in the cylinder if its parameters are: pressure p = 130 bar; temperature t = 200 C, but the ambient parameters are: pressure P0 = 1 bar; temperature T0 = 15 C. The volume of the cylinder is 20 liters. List air as the ideal gas.
The energy in the cylinder , given its pressure of 130 bar and temperature of 200°C, in comparison to the ambient conditions of 1 bar pressure and 15°C temperature, amounts to approximately 89.8 kJ/kg.
Energy is a measure of the maximum amount of work that can be extracted from a system when it reaches equilibrium with its environment. The energy of a system is often used to assess its energy efficiency.
Calculation of energy in the cylinder:
Given parameters of the cylinder are, Pressure p = 130 bar Temperature t = 200C
The volume of the cylinder is 20 liters.The ambient parameters are, Pressure P0 = 1 bar Temperature T0 = 15C.The cylinder is filled with air. Air is considered as the ideal gas.The specific heat at constant pressure of air is Cp = 1005 J/kg KThe specific heat at constant volume of air is Cv = 717 J/kg KThe ideal gas constant of air is R = 287 J/kg KThe molar mass of air is M = 28.97 g/mol.First, calculate the specific volume of the air inside the cylinder using the ideal gas law.
V= nRT/p
Where,
V = volume of air,
R = Ideal gas constant,
P = pressure,
T = Temperature,
n = number of moles of air V = (nRT)/p = ((20 L)(130000 Pa)) / ((8.314 J/mol K)(473 K)) = 1.271 mol
So, the specific volume of the air is V/n = (20 L) / 1.271 mol = 15.73 L/mol
Then, calculate the specific internal energy of the air using the specific heat at constant volume.
u = Cv(T - T0)
Where, u = specific internal energy, Cv = specific heat at constant volume, T = temperature of the air inside the cylinder, T0 = ambient temperature. u = (717 J/kg K)(473 K - 288 K) = 132.7 kJ/kg
So, the specific internal energy of the air is 132.7 kJ/kg.
Finally, calculate the energy of the air in the cylinder using the formula:X = u - u0 + (P - P0)v - T0(s - s0)
Where,
X = energy, u = specific internal energy of the air in the cylinder, u0 = specific internal energy of the air at ambient conditions, v = specific volume of the air in the cylinder, P = pressure of the air in the cylinder, P0 = ambient pressure, T0 = ambient temperature, s = specific entropy of the air in the cylinder, s0 = specific entropy of the air at ambient conditions.X = 132.7 kJ/kg - 42.9 kJ/kg + (130000 Pa - 100000 Pa)(15.73 L/mol) - (288 K)(1.005 kJ/kg K ln(15.73 L/mol) - 1.005 kJ/kg K ln(22.41 L/mol)) = 89.8 kJ/kg
Therefore, the energy of the air in the cylinder is 89.8 kJ/kg.
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What journal entry is recorded as a result of issuing a note when borrowing money from a bank?a. A debit to Cash and a credit to Interest Expenseb. A debit to Cash and a credit to Notes Payablec. A debit to Cash and a credit to Retained Earningsd. A debit to cash and a debit to Common Stocke. A debit to Notes Payable Stock and a credit to Cash
The correct journal entry for borrowing money from a bank by issuing a note is a debit to Cash and a credit to Notes Payable. Therefore, the correct option is B.
When borrowing money from a bank, a company increases its cash account (an asset) and also increases its liability through a Notes Payable account. A debit to Cash shows the inflow of money from the loan, while a credit to Notes Payable reflects the obligation to repay the borrowed amount. This journal entry accurately represents the financial transaction and maintains the balance of the accounting equation (Assets = Liabilities + Equity).
Option (a) is incorrect because Interest Expense is not recorded until the interest is accrued and paid. Option (c) is incorrect because Retained Earnings are not affected by borrowing money. Option (d) is incorrect because issuing a note does not involve issuing Common Stock. Option (e) is incorrect because the entry should show the actual receipt of cash, not the creation of the liability.
Hence, the correct journal entry is option B: Cash and a credit to Notes Payable.
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Suppose you are thinking about purchasing a small office building for $1,500,000. The 30 year fixed rate mortgage that you have arranged covers 80% of the purchase price and has an interest rate of 8%. Assume you were to default and go into foreclosure in year 10 of this loan. If the lender was able to sell this property for $700,000, how much does the lender stand to lose in the absence of pmi?.
Assume you were to default and go into foreclosure in year 10 of this loan. If the lender was able to sell this property for $700,000, The amount that the lender stand to lose in the absence of pmi is $352,696.
How to find the amount of loss?Mortgage amount = 80% ×1,500,000 = $1,200,000
Mortgage amount= 1,200,000
Interest = (8%/12) = 0.666666
Term = 30 years× 12 months =360 months
Solving for monthly payment (MP)
1,200,000 = MP × [(1-(1+(8%/12))^-360)] / (8%/12)
MP = 1,200,000 × ( 0.666666) /[(1-(1+( 0.666666))^-360]
MP = 1,200,000 × ( 0.666666) /[(1-(1.666666))^-360]
MP = $8,805.17
Outstanding loan = $8805.17 × ((1-(1+(0.666666 ))^-240)/(0.666666 ))
Outstanding loan = $8805.17 × ((1-(1.666666 ))^-240)/(0.666666 ))
Outstanding loan= $1,052,696
Hence,
Loss amount = $1,052,696 - $700,000
Loss amount= $352,696
Therefore the loss amount is $352,696
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1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels
Answer:monopoly
Explanation: