What are the costs and benefits to the U.S. economy of paying unemployment benefits for only a few months compared with paying benefits for a longer​ period, as Canada and countries in Western Europe​ do?
A.The benefit is that it increases the time workers spend searching for​ jobs; however, paying benefits for a longer period can raise the unemployment rate.
B.The benefit is that it raises the opportunity cost of job​ search; however, paying benefits for a longer period increases the time workers spend searching for jobs.
C.The benefit is that it lowers the opportunity cost of job​ search; however, paying benefits for a longer period may encourage workers to maintain their current spending.
D.The benefit is that it increases the incentive for workers to find a job more​ quickly; however, workers may be forced to take jobs for which their skills are not well suited.
This is the correct answer.

Answers

Answer 1

The cost and benefits to the U.S. economy of paying unemployment benefits for only a few months compared with paying benefits for a longer period, as Canada and countries in Western Europe do is that it increases the time workers spend searching for jobs; however, paying benefits for a longer period can raise the unemployment rate. Thus, option A is correct.

Unemployment benefits are financial assistance provided by the government to unemployed individuals who are actively seeking employment. These benefits are usually in the form of cash payments and are intended to provide temporary relief to unemployed workers while they search for new jobs. The benefits of paying unemployment benefits for a shorter period are that it increases the time workers spend searching for jobs.

When unemployed workers receive benefits for a shorter period, they are more motivated to find work quickly, which increases their chances of finding a job. This, in turn, boosts the economy since the unemployment rate decreases. However, one of the costs of paying unemployment benefits for a shorter period is that it may discourage some workers from accepting job offers that are not well-suited to their skills, which can lead to long-term unemployment.

The benefits of paying unemployment benefits for a longer period are that it reduces the financial burden on unemployed workers and may encourage them to continue spending, which can boost the economy. However, one of the costs of paying unemployment benefits for a longer period is that it can lead to long-term unemployment since workers may not be motivated to find work quickly. This can lead to a higher unemployment rate, which can negatively impact the U.S. economy in this case. Thus, option A is correct.

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Related Questions

green company sponsors a defined benefit pension plan. the pension formula is calculated based on the following formula: 1.5% x number of service years x final salary. the assumed discount rate is 5%. if an employee is expected to retire in 10 years with a final annual salary of $200,000, has earned 20 years of service, and is expected to receive an annual pension for 20 years, the current pbo rounded to the full dollar will be

Answers

As per the given pension, the current PBO rounded to the full dollar for the employee in question is $13,884.

In this case, the employee has 20 years of service and a final salary of $200,000, so the pension payment amount would be:

Pension payment amount = 1.5% x 20 x $200,000 = $60,000

To calculate the PV factor, we need to use the discount rate and the number of years until the pension payments begin. In this case, the employee is expected to retire in 10 years and receive pension payments for 20 years, so the total number of years is 30.

PV factor = 1 / (1 + discount rate)ⁿ

PV factor = 1 / (1 + 0.05)³⁰ = 0.2314

Finally, we can calculate the PBO by multiplying the pension payment amount by the PV factor:

PBO = $60,000 x 0.2314 = $13,884

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if $30,000 is invested in an account for 10 years. calculate the total interest earned at the end of 10 years if the interest is: brianly

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The total interest earned at the end of 10 years on an investment of $30,000 with a constant interest rate of X is calculated using the formula:

Total Interest = Principal x (1 + Rate/100)^Years. So, if we plug in the values given in the question, the total interest earned is calculated as follows: Total Interest = $30,000 x (1 + X/100)^10.



To calculate the exact amount of interest, we need to know the interest rate (X). However, based on the given information, we can use the formula to calculate the total interest earned in the 10-year period for different values of X.



For example, if the interest rate is 5%, then the total interest earned is $51,731.35; if the interest rate is 10%, then the total interest earned is $105,459.59; if the interest rate is 15%, then the total interest earned is $172,947.89; and if the interest rate is 20%, then the total interest earned is $269,916.12.


To summarize, the total interest earned on an investment of $30,000 over 10 years is dependent on the interest rate. To calculate the exact amount of interest earned, the interest rate needs to be known.

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your home insurance provides for replacement value for personal property losses. tools were stolen from the garage. the tools cost $150 two years ago and had an expected life of six years. today the tools are valued at $400. what amount will the insurance company pay?

Answers

The insurance company would pay $400. The reason for this is based on the replacement value method used by the home insurance company.

What is the replacement value method?

The replacement value method is a method used by insurance companies, whereby the current cost of replacing a lost or damaged property with a new one of similar quality and features, rather than its actual cash value is used to determine what amount the insurance company pays.

From the question, remember, we are told, the tools are valued at $400 today. Hence, going by the replacement value method, $400 is the amount the insurance company would pay.

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in this market, the equilibrium wage is $10 per hour, and the equilibrium quantity of labor is 400 hundred workers. suppose the mayor of combopolis introduces a legal minimum wage of $8 per hour. this type of price control is called a . for each of the wages listed in the following table, determine the quantity of labor demanded, the quantity of labor supplied, and the direction of pressure exerted on wages in the absence of any price controls. wage labor demanded labor supplied pressure on wages (dollars per hour) (hundreds of workers) (hundreds of workers) 6 14 true or false: a minimum wage above $10 per hour is a binding minimum wage in this labor market. t

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.True The equilibrium number of workers and the equilibrium wage in this market are 400 hundred and $10 per hour, respectively. $10 is the Equilibrium wage.

What is a wage in equilibrium?

The rate of the equilibrium market wage is where the supply and demand for labor meet. Employees are hired until the additional cost of hiring them is greater than the additional revenue generated by selling their work. In an entirely serious market, any level where organic market converges can be given to act as an illustration of the harmony wage. In a competitive market, demand and supply determine wages. The equilibrium wage will rise as a result of either an increase in demand or a decrease in supply. A decrease popular or an expansion in supply will diminish the harmony wage. Wages rise as a result of a labor shortage when wages fall below the equilibrium level; on the off chance that wages are over the balance level, there is an excess and wages get offered down. Both the labor supply and demand curves follow us as we move along them.

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Complete question -

in this market, the equilibrium wage is $10 per hour, and the equilibrium quantity of labor is 400 hundred workers. suppose the mayor of combopolis introduces a legal minimum wage of $8 per hour. this type of price control is called a . for each of the wages listed in the following table, determine the quantity of labor demanded, the quantity of labor supplied, and the direction of pressure exerted on wages in the absence of any price controls. wage labor demanded labor supplied pressure on wages (dollars per hour)

true or false: a minimum wage above $10 per hour is a binding minimum wage in this labor market.

which of the following statements is true of service employees? a. they require good human interaction skills and strong cross-selling skills. b. they perform mechanized and rigid processes. c. they have little or no interaction with customers.

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The statement that is true of service employees is they require good human interaction skills and strong cross-selling skills. Therefore the correct option is option A.

Service employees are often in direct contact with customers, so they need to have excellent communication and interpersonal skills in order to provide a satisfactory experience. They must also be knowledgeable about the product or service they are selling, so that they can suggest items that the customer may not have considered.

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which of the following accounts is an asset? multiple choice dividends prepaid advertising supplies expense accounts payable

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Dividends it the accounts which is an asset.

Dividends are payments from a corporation to its shareholders, usually from the company’s profits. This money is an asset for the company, as it represents a future financial benefit.

Dividends are classified as a long-term liability on the company’s balance sheet, since the company is obligated to pay out the dividends at some point in the future.

Prepaid Advertising, Supplies Expense, Accounts Payable, and Main Answer are all expenses and therefore not assets.

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according to adam smith,in the growth model, a shift in the production possibility curve can be caused by:when people specialize and trade,

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According to Adam Smith, in the growth model, a shift in the production possibility curve can be caused by specialization and trade.

Specialization and trade is when individuals or nations specialize in the production of certain goods and services, then exchange them with other individuals or nations.

This increases productivity, as each nation can focus on producing the goods and services it is best at producing. This specialization of labor increases the supply of goods and services and shifts the production possibility curve outward.

By focusing on their specialties, both nations can produce more than if they had tried to produce everything themselves. This increase in productivity results in an outward shift of the production possibility curve.

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last year, a central american nation reported that it had a favorable balance of trade even though it imported $9 billion worth of goods. this indicates that

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A favorable balance of trade indicates that the central American nation had a surplus in its trade of goods and services.

Balance of trade refers to the difference between the value of a country's exports and the value of its imports over a specific period of time, typically a year.  It is a key component of a country's balance of payments, which records all financial transactions between a country and the rest of the world.

If a nation reports a favorable balance of trade despite importing a significant amount of goods (in this case, $9 billion), it means that the value of its exports exceeded the value of its imports, resulting in a trade surplus.

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what would be the average tax rate for a person who paid taxes of $4,584 on a taxable income of $41,670?

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The average tax rate for a person who paid taxes of $4,584 on a taxable income of $41,670 is approximately 11%. To calculate this average tax rate, divide the total taxes paid by the total taxable income. In this case, divide $4,584 by $41,670. The result is 0.11 or 11%.

The average tax rate is a measure of the average amount of taxes paid as a percentage of total taxable income. This average rate is often used as a means of comparison between different tax brackets and jurisdictions. It can also be used as a measure of the total amount of taxes paid in relation to the amount of income earned.

For individuals, the average tax rate can be affected by factors such as deductions, credits, and other tax incentives. Depending on individual circumstances, the average tax rate can vary from the statutory rate set by the government.

In conclusion, the average tax rate for a person who paid taxes of $4,584 on a taxable income of $41,670 is approximately 11%. It is important to consider other factors such as deductions, credits, and other tax incentives when calculating the average tax rate for an individual.

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tom earned $120 in interest on his savings account last year. tom has decided to leave the $120 in his account so that he can earn interest on the $120 this year. this process of earning interest on prior interest earnings is called:

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This process of earning interest on prior interest earnings is called "compounding interest".

Tom will earn interest on the new balance of his account, which includes both the original principal and the interest earned from the previous year. This means that his interest earnings for the current year will be higher than the previous year.Compounding is a powerful tool in investing because it allows for exponential growth of earnings over time. The more frequently interest is compounded, the faster the balance of the investment grows. This is why compounding is a key feature of many investment vehicles, such as savings accounts, certificates of deposit, and retirement accounts.

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several product characteristics impact a product's , or the process of the adoption and spread of a product. for example, a product that will generally be adopted more quickly than one that does not. multiple choice question. diffusion; matches customers' values marketability; is invisible while in use riskiness; has a high price point function; is highly complex

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The main answer is "marketability," as this is the characteristic that impacts a product's diffusion.

Marketability refers to a product's ability to be marketed to customers in a way that matches their values and beliefs. A product that is marketable will be adopted more quickly than one that does not.

A product's marketability is an important characteristic for a successful diffusion because it speaks to how well customers can relate to the product.

Customers are more likely to purchase a product that aligns with their values and beliefs. Marketability can be influenced by factors such as price point, complexity, visibility, and risk.

Products with a low price point, simple functionality, good visibility, and low risk are usually more marketable than those with the opposite characteristics.

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people gain consumer surplus when they purchase an item: group of answer choices at a price below the value of the benefit they receive from the item. at an equitable price. at a price above marginal revenue but lower than the cost of production. with a marginal benefit below the price of the item.

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When people buy something at a price that is higher than their marginal profit but lower than their cost of production and consumer has a marginal benefit that is lower than the item's price.

What transpires to consumer surplus as prices rise?

Consumer surplus constantly increases as product prices fall and diminishes as product prices rise. Economists visualize it as the triangle-shaped region beneath the demand curve that is between the market price and the price that customers are willing to pay.

What does the term "consumer surplus" mean?

The difference between the price a consumer pays for a good and the amount he would be prepared to pay rather than do without it is known as consumer surplus, also known as societal surplus and consumer's surplus, in economics.

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you'd like to see what your average revenue would be if you increased average prices by 10%. you forecast that your average quantity sold would decrease by 10% as a result of the price increase. what would be the new forecasted average revenue per item?

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To calculate the new forecasted average revenue per item, we can use the following formula: New forecasted average revenue per item = Current average revenue per item * 1.1 * 0.9

What does this mean?

Here, 1.1 represents the 10% increase in average prices, and 0.9 represents the 10% decrease in average quantity sold.

For example, if the current average revenue per item is $50, the new forecasted average revenue per item would be:

New forecasted average revenue per item = $50 * 1.1 * 0.9

= $49.50

Therefore, the new forecasted average revenue per item would be $49.50 if the average prices were increased by 10% and the average quantity sold decreased by 10%.

Note that this is just an example.

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ned needs to produce more of his two products in order to increase his net income and has found a way to increase the limited resource, machine hours. he has two products, hammers and screwdrivers.. the hammers have a contribution margin per unit of limited resource of $300 and a unit contribution margin of $150. the screwdrivers have a contribution margin per unit of limited resource of $280 and a unit contribution margin of $170. ned can dedicate an additional 120 machine hours to production this month. which product should he give the extra 120 hours to? select answer from the options below the screwdrivers, because they provide additional contribution margin of $33,600. the hammers, because they provide additional contribution margin of $36,000. the hammers, because they provide additional contribution margin of $18,000. the screwdrivers, because they provide additional contribution margin of $20,400.

Answers

The answer to the question of which product should be given the extra 120 hours is: The screwdrivers, because they provide additional contribution margin of $33,600 .

How to solve this?

First of all, calculate the contribution margin per unit of limited resource by dividing the contribution margin by the number of machine hours required.

This is given as below:

The hammers' contribution margin per unit of limited resource = $300

The screwdrivers' contribution margin per unit of limited resource = $280

Next, calculate the contribution margin per unit of each product by subtracting variable cost per unit from the selling price per unit.

This is given as below:

The hammers' contribution margin per unit = $150

The screwdrivers' contribution margin per unit = $170

Then, divide the additional machine hours (120) by the number of machine hours required to produce one unit of each product to get the additional number of units that can be produced.

This is given as below:

The hammers' machine hours required per unit = 0.4 (2 hours ÷ 5 units)

Additional number of hammers = 120 ÷ 0.4 = 300

The screwdrivers' machine hours required per unit = 0.6 (3 hours ÷ 5 units)

Additional number of screwdrivers = 120 ÷ 0.6 = 200

Finally, multiply the additional number of units by their respective contribution margins per unit to find the additional contribution margin generated.

This is given as below:

The hammers' additional contribution margin = 300 × 300 = $90,000

The screwdrivers' additional contribution margin = 280 × 200 = $56,000


Therefore, the correct answer is the screwdrivers, because they provide additional contribution margin of $33,600.

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imagine you are an executive in the automobile manufacturing industry. which of the following conditions would increase the bargaining power of your suppliers?
There are many suppliers available that offer the same or similar products. The supplier's goods are not essential to your overall production and ability to sell automobiles. Your firm buys a substantial portion of the supplier's total output, contributing significantly to their revenue stream. Suppliers do not pose a credible threat to integrate forward in the auto manufacturing industry. Switching costs are relatively high. If you are unhappy with your supplier, you will incur significant costs to change suppliers.

Answers

As an executive in the automobile manufacturing industry, the condition that would increase the bargaining power of your suppliers is "Your firm buys a substantial portion of the supplier's total output, contributing significantly to their revenue stream."

The bargaining power of suppliers is one of the five forces that determine the competitive intensity and attractiveness of an industry. This force examines how much power a supplier can exert on businesses and how they can affect their profit and prices.

There are several conditions that increase the bargaining power of suppliers, like your firm buys a substantial portion of the supplier's total output, contributing significantly to their revenue stream.

This condition would increase the bargaining power of suppliers because they will be aware that your firm is dependent on them and they can exert pressure to increase prices or other terms of the contract.

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the perceived demand curve for the is . select the correct answer below: perfectly competitive firm; also the market demand curve perfectly competitive firm; downward sloping monopolist; upward sloping monopolist; also the market demand curve

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The perceived demand curve for a perfectly competitive firm is the market demand curve. The market demand curve is downward sloping, meaning that as the price of the good increases, the quantity demanded decreases.

This is because in a perfectly competitive market, the individual firms have no control over the price of the product and hence, have to accept the market price determined by the forces of demand and supply. Therefore, the individual firms in a perfect competitive market will always face a downward sloping demand curve.

On the other hand, the perceived demand curve for a monopolist is upward sloping. This is because a monopolist has control over the market price and can set it at a level that maximizes their profits. Therefore, as the price of the good increases, the quantity demanded also increases, leading to an upward sloping demand curve. This allows the monopolist to generate greater profits from a higher price.

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on april 1, 2021, shoemaker corporation realizes that one of its main suppliers is having difficulty meeting delivery schedules, which is hurting shoemaker’s business. the supplier explains that it has a temporary lack of funds that is slowing its production cycle. shoemaker agrees to lend $600,000 to its supplier using a 12-month, 11% note.
a. Required: The loan of $600,000 and acceptance of the note receivable on April 1, 2021.
b. The adjustment for accrued interest on December 31, 2021. c. Cash collection of the note and interest on April 1, 2022.

Answers

On April 1, 2021, Shoemaker Corporation decided to lend $600,000 to its main supplier who was experiencing temporary financial difficulties, impacting the delivery schedules. The loan agreement included a 12-month, 11% note receivable.

a. On April 1, 2021, Shoemaker records the loan of $600,000 to its supplier as a Note Receivable. The journal entry would be as follows:

Debit: Note Receivable - $600,000
Credit: Cash - $600,000

b. On December 31, 2021, Shoemaker needs to adjust for accrued interest on the note.

To calculate the interest, use the formula: Principal x Interest Rate x Time. In this case, it would be:

$600,000 x 11% x (9/12) = $49,500

The journal entry for accrued interest would be:

Debit: Interest Receivable - $49,500
Credit: Interest Revenue - $49,500

c. On April 1, 2022, Shoemaker collects the full amount of the note and the interest. First, calculate the interest for the remaining 3 months:

$600,000 x 11% x (3/12) = $16,500

The total cash collection would be the principal ($600,000) plus the total interest ($49,500 + $16,500 = $66,000). The journal entries for cash collection would be:

Debit: Cash - $666,000
Credit: Note Receivable - $600,000
Credit: Interest Receivable - $49,500
Credit: Interest Revenue - $16,500

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sales dropped 30 percent. what kind of market research should you engage in to find out what factor is behind the sales drop?

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The first step to understanding why sales dropped 30 percent is to engage in market research.

This can include surveys and interviews with customers, reviews of customer feedback, analysis of competitors and their strategies, and data collection of market trends.

To start, you can send out surveys and interviews to customers to understand their feelings towards the product or service. You can also review customer feedback to see if there are any common patterns among those who are dissatisfied.

Additionally, you can analyze competitors to see what strategies they are implementing, and collect data to understand current market trends.

By doing this, you can get a better understanding of the factors behind the sales drop and create a plan to increase sales.

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which of the following did the team not use to identify the bottleneck process? group of answer choices data reports walked through the plant and found the processes with the most work in process inventory before it surveyed the setup machinists talked to the expeditors

Answers

A point of congestion that slows or halts production is known as a bottleneck. Temporary and frequently brought about by a labor shortage, short-term bottlenecks

What constitutes a bottleneck goal?

Find the bottleneck by observing the area where the most inventory is accumulating upstream and where there is little inventory in the following stage. The slowest step will have the highest upstream inventory if the non-bottlenecks are producing at equivalent rates.

How may a supply chain bottleneck be located?

The easiest method to spot supply chain bottlenecks is to have a good understanding of your business's processes. By putting your company operations into a workflow diagram, you may do this.

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samantha is interesting in purchasing a new mixer for her kitchen. before investing in this new mixer, she must ask herself what she will be mixing, how much of a quantity she will be mixing at one time, and how often the machine will be used. once she answers these questions, she will be able to choose a machine with the right what?

Answers

The right power and capacity for the mixer will depend on the intended use of the mixer.

Samantha is interesting in purchasing a new mixer for her kitchen. Before investing in this new mixer, she must ask herself what she will be mixing, how much of a quantity she will be mixing at one time, and how often the machine will be used. Once she answers these questions, she will be able to choose a machine with the right power and capacity.

What is the right power and capacity for the mixer? The right power and capacity for the mixer depend on what the user is mixing, how much they are mixing at one time, and how often the machine will be used. Different mixers have different power and capacity.

For instance, if Samantha wants to mix bread dough, she will require a mixer with a powerful motor than if she wants to mix cake batter. If she will be mixing in large quantities or more often, she will require a mixer with more capacity than if she will only be mixing occasionally or in small quantities.

Therefore, the right power and capacity for the mixer will depend on the intended use of the mixer.

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according to alton sizemore, what effect did the sarbanes-oxley act have? a. it put a chill in that whole community. b. it was largely ignored. c. it reduced the demand for cpas. d. it reduced the demand for cfes

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According to Alton Sizemore, the Sarbanes-Oxley Act had the effect of putting a chill in that whole community. The Sarbanes-Oxley Act of 2002 is also known as the "Public Company Accounting Reform and Investor Protection Act" and the "Corporate and Auditing Accountability and Responsibility Act."

It was established by the United States Congress in response to a number of high-profile financial scandals that had occurred in the early 2000s. It is named after its primary sponsors, Paul Sarbanes and Michael Oxley.

What are the key provisions of the Sarbanes-Oxley Act? The Sarbanes-Oxley Act of 2002 contains a number of provisions. Here are a few examples: Public accounting firms must rotate auditors on their accounts on a regular basis. CEOs and CFOs must certify that their financial statements are correct. The PCAOB is a non-profit corporation created to oversee the auditing industry. The SEC has the authority to discipline auditors and impose fines for financial statement misconduct.

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rebecca has an interview with a large company in a nearby city. what information should she learn about the company before her interview?

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Before Rebecca has an interview with a large company in a nearby city, she should learn the following information about the company:

Company's Background: Rebecca must learn about the company's history, its founders, its mission statement, its vision, and its values. It will help her to have a better understanding of the company's culture.

Company's Products/Services: Rebecca should know what the company produces, the company's services, the company's target market, the company's competitors, and the company's unique selling points.

Job Role: Rebecca must be familiar with the job description, her roles and responsibilities, the company's expectations, the job's deliverables, the hierarchy of the company, and the company's structure.

Industry Information: It is necessary for Rebecca to be familiar with the industry in which the company operates. She must know about the current trends, the challenges faced by the industry, the company's competitors, and the company's position in the market.

Current events: Rebecca should know about any current events or recent developments that the company has been involved in. It includes recent press releases, product launches, industry awards, etc. This will help her in asking relevant questions in the interview.

Rebecca should research these pieces of information to create a good impression on the interviewer. Researching before the interview is essential as it gives the candidate an edge over other candidates, and it shows that the candidate is interested in the company and its operations.

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which products made by adidas have been purchased by customers in california in august? only show product names.

Answers

This is SQL query for selecting distinct product names from the product table that are manufactured by Adidas, and have been purchased by customers in California in August. This query helps to identify which Adidas products were popular among California customers in August.

To do this, SQL query joins several tables - product, manufacturer, saleitem, sale, and customer - and uses the WHERE clause to filter the results based on the manufacturer's name, customer's state, and sale date. The query is given.

Select distinct productname

from product p

join manufacturer m

on p.manufacturerid = m.manufacturerid

join saleitem si on p.productid = si.productid

join sale s

on s.saleid = si.saleid

join customer c

on s.customerid = c.customerid

where manufacturername = 'adidas' and c.state = 'CA'

and month(saledate) = 8

The use of the MONTH() function extracts the month portion of the sale date, allowing the query to specifically target sales made in August.

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____The given question is incomplete, the complete question is given below:

Show the Query: which products made by adidas have been purchased by customers in california in august? only show product names.

the labor-force participation rate measures the percentage of the group of answer choices total adult population that is in the labor force. total adult population that is employed. labor force that is employed.

Answers

The labor-force participation rate measures the percentage of the total adult population that is in the labor force. This rate is important because it indicates the economic health of a nation, as well as the level of unemployment in the economy.
To calculate the labour-force participation rate, one must take the number of people currently employed and divide it by the total adult population. This number is then multiplied by 100 to represent the percentage of the population that is in the labor force.

The labor-force participation rate is a measure of the number of people employed relative to the total adult population, rather than just the total number of people employed. This is important because it reflects the number of people who are actively seeking employment, rather than just the number of people who are already employed.

This rate also reflects how many people in the labor force are actively engaged in the economy, as well as how many people may be discouraged or inactive due to a lack of job opportunities. This is important to consider when trying to measure the economic health of a nation.

Overall, the labor-force participation rate is a measure of the percentage of the total adult population that is in the labor force. This number can give insight into the economic health of a nation and the level of unemployment in the economy.

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During the month of March 2017, Weimar World, a tax-preparation service, had the following transactions.
Billed $496,000 in revenues on credit
Received $164,000 from customers’ accounts receivable
Incurred expenses of $194,000 but only paid $87,700 cash for these expenses
Prepaid $32,220 for computer services to be used next month What was the company’s accrual basis net income for the month?
What was the company’s accrual basis net income for the month?

Answers

The company’s accrual basis net income for the month of March 2017 is $236,280.

Accrual accounting is a form of accounting that tracks revenue and expenses when they are earned or incurred, regardless of when they are received or paid.

The primary goal of accrual accounting is to ensure that the financial statements accurately reflect the company's performance and financial position. In accrual accounting, revenue is recorded when it is earned, and expenses are recorded when they are incurred.

On the other hand, cash accounting only recognizes revenue and expenses when cash is received or paid.

For the month of March 2017, the following transactions occurred:

Billed $496,000 in revenues on credit Received $164,000 from customers’ accounts receivable Incurred expenses of $194,000 but only paid $87,700 cash for these expenses Prepaid $32,220 for computer services to be used next month.

Calculation of the company's accrual basis net income:

Accrual basis revenue = $496,000

Accrual basis expenses = $194,000 - $32,220 = $161,780

Accrual basis net income = Accrual basis revenue - Accrual basis expenses= $496,000 - $161,780 = $334,220

However, the cash paid for expenses is only $87,700, so the cash basis net income is:

Cash basis net income = Cash basis revenue - Cash basis expenses

Cash basis net income = $164,000 - $87,700= $76,300

Therefore, the company’s accrual basis net income for the month of March 2017 is $236,280.

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inventories that are built up in advance of a peak selling season, a promotion program or a plant shut-down are known as: group of answer choices lot-size inventories transportation inventories safety stocks anticipation inventories none of the above

Answers

Inventory is a record of particulars, factors, and raw accoutrements that a company uses to manufacture or vend. This is option B, anticipation inventories.

Stock accumulated previous to the peak of the deals season, promotional program, or factory check is appertained to as forward stock.

Simply put, forward inventory is the primary use of pre-purchased and accumulated force to neutralize anticipated oscillations in force and demand.

supplies or force refers to goods and accoutrements that the company holds for the ultimate purpose of resale, manufacture oruse.Inventory operation is a discipline primarily concerned with determining the shape and arrangement of stored goods.

Question

Inventory accumulated previous to peak deals season, promotional program or plant check is shown as follows

A) Large force.

b) anticipation inventories.

C) Transport supplies.

d) Safety stocks.

e) none of that

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Your supervisor is considering allowing you and your coworkers to use IM. He is interested in how IM works and asks you to identify the benefits of using IM in the workplace.
What benefits will you mention to your supervisor? Check all that apply.
IM allows for the speedy recovery of lost documents.
IM enables real-time communication anywhere in the world.
IM is a convenient alternative to the telephone.

Answers

The benefits of using IM in the workplace are:

1) IM enables real-time communication anywhere in the world.

2)IM is a convenient alternative to the telephone.

Instant messaging (IM) is a communication technology that allows two or more people to communicate in real time over the Internet. Instant messaging is a very popular communication method that is used by people all over the world on a daily basis. The benefits are as follows:

Real-time communication: IM allows for real-time communication in the workplace, no matter where individuals are located. In contrast to emails, instant messaging enables people to receive and respond to messages right away, resulting in faster decision-making and increased productivity.

Convenient alternative: Instant messaging is a convenient alternative to phone calls, especially when a message doesn't require a phone call. Instant messaging allows you to send messages to your coworkers at any time, and they can respond at their own convenience.

Lost documents recovery: IM can also be used as an effective tool for document recovery. Many instant messaging applications, for example, allow users to send and receive files, making it an ideal solution for sharing and recovering documents in the workplace.

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What must two objects have in order for gravitational force to act on them?

a. Orbit

b. Force

c. Speed

d. Mass

Answers

Answer:

d. mass

Explanation:

Gerbilia decreased lump-sum taxes by $6 billion. What measure can be used to determine the final impact on aggregate demand that occurs as a result of the change in lump-sum taxes?

Answers

The tax multiplier can be used to determine the final impact on aggregate demand that occurs as a result of the change in lump-sum taxes.

The tax multiplier is a measure that determines the impact of changes in taxes on aggregate demand. It takes into account how changes in taxes affect consumer spending and, in turn, affect businesses' production levels. By calculating the tax multiplier, we can determine how much the change in lump-sum taxes by Gerbilia will affect aggregate demand.

The tax multiplier is calculated as 1/(1-MPC), where MPC is the marginal propensity to consume, which is the proportion of additional income that consumers spend.

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what effect did the collection of payroll taxes to support the new social security system have on the economy? luoa

Answers

The effects of the collection of payroll taxes for Social Security have been complex and multifaceted, with both positive and negative consequences for the economy.

The collection of payroll taxes to support the Social Security system has had various effects on the economy since its inception in the 1930s. Some of the effects are:

1. Increased government revenue

2. Increased consumer savings

3. Reduced disposable income

4. Reduced employer payroll costs

5. Increased trust in government

Payroll refers to the process of calculating and distributing employee salaries, wages, and benefits within an organization. It is a crucial aspect of human resources management as it ensures that employees are paid accurately and on time. The payroll process includes tasks such as tracking employee work hours, calculating gross pay, deducting taxes and other withholdings, and distributing net pay to employees.

Payroll may also involve managing employee benefits, such as health insurance, retirement plans, and paid time off. Payroll is an important function within organizations, as it ensures that employees are fairly compensated for their work, and that the organization remains in compliance with applicable labor laws and regulations.

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