The monthly payment over the loan amount will be $704.48.
What is PMT?The loan payment is calculated by PMT, one of the financial functions, using continuous payments and a fixed interest rate. Utilize the Excel Formula Coach to determine the monthly loan payment. At the same time, you'll learn how to use a formula using the PMT function.
According to the given figure,
House cost = $175,000
Down payment = 25 % of $175,000 = $43,750
Amount of loan = $175,000 - $43,750 = $131,250
Time period (t) = 30years = 360 months
Rate of interest = 5% = 0.05 per year
Rate of interest Monthly (r) = 0.05 ÷ 12 = 0.0041
we will use PMT formula,
[tex]pmt \: = \frac{175000 \times \frac{0.05}{12}(1 + \frac{0.05}{12} ) ^{360} }{(1 + \frac{0.05}{12}) ^{360} - 1 } [/tex]
pmt = $704.48
Therefore, The monthly payment is $704.48
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total revenues on an income statement includes both revenue and contra-revenue accounts, like a sales discount account. the amount of sales discount taken for the period is equal to:
Contra revenue accounts are used to deduct money from your company's sales revenue. As a result, you must debit these accounts and credit the corresponding account, such as Accounts Receivables.
To calculate total operating income, start with sales revenue and subtract the cost of goods sold and operating expenses. Report any non-operating income, losses, or expenses in the following section. Sales discounts are deducted directly from gross sales when they are recorded in the income statement. The total amount of income generated by the sale of goods or services related to the company's primary operations is referred to as revenue. Because it appears at the top of the income statement, revenue, also known as gross sales, is commonly referred to as the top line. To calculate your company's revenue, multiply the total number of products or services sold by the price of those products or services.
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edgerton township ordered, at an estimated cost of $3,500, a machine that was not delivered before the end of the township's fiscal year. the machine was delivered early in the next fiscal year at an actual cost of $3,800. the township honors all open encumbrances at year end. what is the complete journal entry that should be recorded when the machine is delivered?
The complete journal entry that should be recorded when the machine is delivered will be expenditures from the prior year were 3,500, 300, and 3,800, respectively.
Journal Entry:
Expenditures - Prior year 3,500
Expenditures - 300
Payable Vouchers - 3,800
Accounts receivables, or AR, are assets in the seller's book because the customer owes money for the sale of goods and services. The accounts payables account, on the other hand, is created in the buyer's books and serves as a liability for the seller's obligation. Accounts receivables or trade receivables are kept debtor-by-debtor, allowing the company to handle delayed sales and non-payments.
Accounts receivable journal entries are critical since they are the foundation of the company's finances. Account receivables are journalized by debiting the accounts receivable account and crediting the sales account.
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What was the primary focus on managerial skills in the 1970s?
Focused on strategy Focused on negotiation Focused on complex problem solving Focused on execution
Option c is Correct. In the 1970s, complicated problem-solving was the main emphasis when it came to managerial abilities.
Is solving complex problems a skill?The ability to address unique, ill-defined problems in challenging real-world situations requires the development of complicated problem-solving skills. With the aid of cognitive activity and behavior, complex problem-solving is used to lower the barrier between a given start condition and a desired goal state.
Barriers, the start state, and the intended objective state demonstrate complexity, alter dynamically over time, and can occasionally be only partially transparent. Your ability to solve complex problems depends on your problem-solving abilities.
In today's world, there are several complex challenges that need to be resolved. If you lack the ability to think critically or come up with creative solutions, you won't be able to deal with these challenges.
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Note: The given question is incomplete on the portal. Here is the complete question:
Question: What was the primary focus on managerial skills in the 1970s?
a. Focused on strategy
b. Focused on negotiation
c. Focused on complex problem-solving
d. Focused on execution
if the number of consumers in the market for good a increases, what will happen to the equilibrium price and quantity of good a?
happen to a equilibrium price & amount of good A if the number number consumers on the market for the product A rises The quantity of the commodity or service that is demanded will drop.
Equilibrium: What does that mean?a static or dynamic balance between opposing sides or activities that occurs when the speeds in both direction are equal, as in the case of a body acting on by forces their resultant is zero: a condition of mental or emotional equilibrium.
Natural equilibrium: What is it?Natural equilibrium refers to the condition in which interactions between man, elements of living nature, and the system and habitat conditions provided by components of inanimate nature come to an equilibrium in a certain area,
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You receive a memo from the Vice President of Procurement responding to your query. He writes: “It will be very important to maintain product continuity. We have a large base of devoted customers. We want to make sure that the quality and key characteristics of Island Knight stay the same through this transition. Talk to Frank, our consulting professional perfumer, for more information about the cologne. Seasonal variations in costs are the single most significant factor in our deciding to go with another supplier, so finding a way to limit that should be the top priority. The overall marginal costs and shipping costs are probably somewhat less significant. You may want to talk to Cindy, the product manager for Island Knight, regarding pricing information about the product. €ť What is the best action to take next?
The best course of action is to speak with the product manager and expert perfumer to learn more.
How do you define a product?The thing which is sold is called a product.A services or an object both qualify as products. IIt could manifest as anything that is physical, digital, or cybernetic.Every good does have a cost associated with it, as well as a price. The market, the product, the marketing, and the group that is being targeted all affect the price that may be charged.
What exactly are product and price?The process of figuring out a product's quantitative value based on both external and internal elements is called product pricing. Product pricing directly affects the broader market.
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what does the textbook have to say about the responsibility of media consumers when it comes to the stories the media tells us? scom 2050
The textbook SCOM 2050 emphasizes the responsibility of media consumers to be active, critical and ethical consumers of media messages.
This means not only being aware of the stories the media tells us, but also questioning the accuracy and validity of those stories and the perspectives they reflect. It is also important to recognize the power of media to shape our beliefs and values, and to think critically about the messages we are presented with.
Finally, the textbook encourages media consumers to be aware of the potential for media to be used for manipulative and exploitative purposes, and to strive for responsible media use.
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I
3. RAK, Inc. , currently has an EPS of $2. 45 and an earnings growth of 8%. If the benchmark PE ratio is
23, what is the target share price five years from now? (2pts)
States)
The target share price from five years from now will be $82.50 for RAK Incorporation LTD.
What is a share?A share is a unit of equity ownership in a corporation's capital stock that can be used in financial markets to refer to units of mutual funds, limited partnerships, and real estate investment trusts.Share capital is the total number of shares in an organization. A shareholder (or stockholder) is someone who owns shares in a company. A share is a unit of capital that cannot be divided and represents the ownership relationship between the shareholder and the company. The face value of a share is its denominated value, and the total face value of all issued shares represents the company's capital, which may not accurately reflect their market valueA dividend is an income you get from owning shares. Equity shares, preference shares, deferred shares, redeemable shares, bonus shares, right shares, and employee stock option plan shares are among the various types of shares.Anyone who owns at least one share of a company's stock or in a mutual fund is considered a shareholder. The company is essentially owned by shareholders, who also have certain rights and responsibilities. They are able to benefit from the success of a business thanks to this type of ownership.These benefits come in the form of higher stock prices or dividends paid out on financial gains. On the other hand, when a business is losing money, the share price always goes down, which can make shareholders lose money or make their portfolios go down.learn more about shares
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strategy formulation at the business level addresses best how to compete in a given business group of answer choices to decrease buyer power. to attain competitive advantage. to thwart entry of new rivals. to reduce costs.
Business-level strategy development focuses on how to compete in a certain industry to gain a competitive edge.
What's an illustration of a strategy formulation?The method Apple used to create its renowned Macintosh computers in the 1980s is another outstanding illustration of how to formulate a plan. Apple devised a plan to use the Macintosh series to usher in a new era in technology by capitalising on a gap in the market that no one else was aware of. Organizations are forced by the strategy-making process to consider the possibility of change in the near future and to get ready for change rather than to sit back and wait until market forces demand it. The company can plan its capital budgeting with the help of strategic formulation. SWOT analysis evaluates present and prospective future conditions as well as internal and external influences.
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a public entity sells steel for use in construction. one of its customers accounts for 43% of sales, and another customer accounts for 40% of sales. what should the entity disclose in its annual financial statements about
The amount of the entity's revenue from each of the two customers.
The entity must disclose the amount of revenues received from a single customer that totals 10% or more of total revenues.
What exactly are financial statements?Financial statements are documents that outline a company's operations as well as its financial success. Government organizations, accounting firms, and other entities frequently audit financial statements to assure their accuracy and for reasons related to taxes, financing, or investment. The cash flow, income statement, cash flow statement, and statement of equity changes are the four basic financial statements used by for-profit organizations. Nonprofit organizations employ a comparable but distinct financial statement set.
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A public entity sells steel for use in construction. One of its customers accounts for 43% of sales, and another customer accounts for 40% of sales. What should the entity disclose in its annual financial statements about these two customers?
-The payment terms of accounts receivable due from each of the two customers.
-The amount of the entity's revenue from each of the two customers.
-The names of the two customers.
-The financial condition of the two customers.
Improvements in technology have allowed schools to use electronic books rather than original textbooks. Electronic books have _________ in supply.
a. increased
b. decreased
Improvements in technology have allowed schools to use electronic books rather than original textbooks. Electronic books have increased in supply. Option A
What are electronic books?E-books, or electronic books, are digital files including text and images that may be distributed electronically and displayed on screens in a way that is comparable to a traditional book.
eBooks are portable and light, making them simple to transport. A single eBook reader may store thousands of eBooks, saving you from lugging many heavy books. Both in your house and your purse, it frees up a lot of room. Concerning the storage cap, one should not worry.
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Tom is a very discerning individual who keeps track of his income and expenditures. He lives in a rented house but wants to own a house in the future. To do this, Tom prepares an elaborate plan and tries sticking to it very strictly. However, he is concerned about eventualities that might occur in the future and disturb his plan. Which practice can help him prepare for any problems with his plan?
A- Regularly review and revise his plan
B- Get his plan reviewed and recreated by a financial expert
C- Make several investments to increase his source of income
D- abstain from making expenses, excluding few necessary ones
If Tom is a very discerning individual who keeps track of his income and expenditures. The practice that can help him prepare for any problems with his plan is; A- Regularly review and revise his plan.
What is planning?Planning can be defined as the way in which a person tend to develop or create a goal that he/she intend to achieve and work towards achieving it.
Based on the given scenario by regularly reviewing and revising his plan can help him prepare for any problems with his plan based on that that reviewing his plan will help him to known what may have negative effect or positive effect on his plan.
Therefore the correct option is A.
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which new business technique refferred to in this passage lowered manufacturing costs and also prices of products
A focus strategy is the new business technique referred to in this passage lowered manufacturing costs and also the prices of products.
A focus strategy is a competitive tactic for targeting a certain market segment with marketing and sales activities. This tactic aims to take advantage of untapped or underdeveloped market sectors.
Pepsi Black is the emphasis strategy illustration. To accommodate a large client base, Pepsi concentrates on wide markets. To serve a specified audience, it nonetheless concentrates on a certain market. It created a product with less aspartame and was healthier.
A focus strategy matches a company's marketing efforts and target market with its products. A company may develop items that their customers will buy and find useful by understanding their desires and requirements and developing a successful focus strategy.
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The complete question may be:
Which of the following business technique lowered manufacturing costs and also the prices of products?
patricia mcdonald has determined that the value of her liquid assets is $4,500, the value of her real estate is $135,000, the value of her personal possessions is $58,000, and the value of her investment assets is $72,000. she has also determined the value of her current liabilities is $7,500 and the value of her long term liabilities is $98,000. what is patricia's net worth? multiple choice $105,500 $132,000 $164,000 $205,500 $269,500
With her given assets and liabilities Patricia's net worth is $164000. Thus, option 3 is correct.
What does net worth mean?Net worth is the value of an individual's or company's assets less the value of the liabilities they must pay. It provides a helpful snapshot of the business's current financial situation and is an important metric for determining how healthy a company is.
A person's net worth, also known as net wealth, is used by the financial sector to determine whether or not they are qualified for a variety of complex or alternative investments, such as hedge funds, structured products, or other complex or alternative investment strategies. The net worth obsession in popular culture has also given rise to lists of the wealthiest people as well as celebrity net worths.
Tοtal assets = $4,500 + 135,000 + 58,000 + 72,000 = $269,500
Tοtal liabilities = $7,500 + 98,000 = $105,500
Net wοrth = Tοtal assets - Total liabilities
= $269,500 - $105,500 = $164000
Therefore, With her given assets and liabilities Patricia's net wοrth is $164000. Thus, option 3 is correct.
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elephants are endangered, but cows are not because a it is legal to kill cows but not elephants. b cows are a common resource, while elephants are private goods. c there is more meat on an elephant than on a cow and therefore it is more valuable. d elephants are a common resource, while cows are private goods. e cows are not as valuable as elephants.
Elephants are a common resource, while cows are private goods.
Elephants are endangered because elephants are a common resource, while cows are private goods. An endangered species are species of wild animal or plant that is in danger or the risk of extinction throughout all or a significant portion of its range. It is considered threatened if it is likely to become endangered within the foreseeable future.Endangered species are those plants and animals that have become so rare they are in danger of becoming extinct. Threatened species are plants and animals that are likely to become endangered within the foreseeable future throughout all or a significant portion of its range.
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who would be responsible for making decisions about activities such as investing in research and development (r
Managers of research and development (R&D) are in charge of making choices on actions like funding for R&D.
R&D is frequently used to refer to innovation in the business and public sectors. R&D enables a business to maintain a competitive edge. Without an R&D program, a business may not be able to exist on its own and may need to rely on alternative methods of innovation, such as collaborations or mergers and acquisitions (M&A). Companies can create new goods and enhance their current offerings through R&D.
The majority of a corporation's operational tasks are distinct from R&D. Normally, research and/or development are not carried out with the hope of making money right away.
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your client has made all of the following transfers. which of these transfers will be excluded from the client's total gifts in the year made? paid a hospital $11,000 for medical services rendered to a friend paid a family member $15,000 so she could go to school made a donation to the democratic party made a contribution to the shriner's hospital, which provides free medical care to children a) ii and iv b) i and iii c) i and ii d) iii and iv
Donations and contributions made for charity is not included as gifts. Therefore they will be exempted from gifts made during the year
Option D( III and IV) are correct.
What does the term "charitable contribution" mean?Donations to non-profit organizations are referred to as charitable contributions. Donations can be in the form of cash, non-cash goods, services, or volunteer time. According to IRS regulations, the contribution may be tax deductible.
What are examples of charity?Because it warms someone's heart, giving unwanted toys to the less fortunate, smiling at someone on the street, opening doors for others, or visiting a sick relative are all forms of charity.
Which three kinds of charities are there?Qualified charities fall into three categories: private operating foundations, private foundations, and public charities
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suppose sunflowers are currently selling for $45 per dozen, but the equilibrium price of sunflowers is $25 per dozen. we would expect a
If sunflowers are currently selling for $45 per dozen, but the equilibrium price of sunflowers is $25 per dozen then, we would expect a surplus of sunflowers to occur in the market.
A surplus occurs when the quantity supplied of a good or service is greater than the quantity demanded. In this case, the current price of sunflowers is higher than the equilibrium price, meaning that the quantity supplied is greater than the quantity demanded. This results in a surplus of sunflowers, as producers are willing to supply more sunflowers than consumers are willing to buy at the current price. In order to restore equilibrium, the price of sunflowers will need to decrease, which will reduce the quantity supplied and increase the quantity demanded until the two are equal. A surplus can refer to a wide range of commodities, such as revenue, profits, capital, and products. A surplus in the perspective of inventory refers to things that stay unsold on retail shelves. A surplus happens in a fiscal setting when money collected exceeds costs paid.
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which real estate cycle is occurring when housing supply begins to exceed demand and prices stabilize after expanding?
The real estate cycle is occurring when housing supply begins to exceed demand and prices stabilize after expanding is the Hyper supply phase.
The real estate is the real building or property in which it consists of the land and the land related improvement that include the building, roads, and the use of the system.
The Hyper supply phase is that phase in which the real estate market in the marketplace which has the more properties and the vacant or left rental units as compared to the buyers.
The real estate market is exceeded demand and price in the growing the urbanization in the economy which result in the increase of the income.
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what is the present value of a 15 year annuity with the first payment of $45,000 (all payments are the same amount) in one year from now. assume a discount rate of 8% and annual compounding.
Use this calculator to find the present value of annuities due, ordinary regular annuities, growing annuities and perpetuities.
what is the present value of a 15 year annuity with the first payment of $45,000 ?
PV = dollar amount of an individual annuity payment multiplied by P = PMT * [1 - [(1 / 1+r)n] / r] is the formula for calculating the present value of an annuity. where P denotes the present value of your annuity stream. PMT = The monetary value of each payment. r denotes the discount or interest rate.
According to the equation for the present value of perpetuity: Annual payments / rate of return = cost of a perpetuity. 8% annual payments = $1,400 Payments per year = $112.
If the required rate of return is 8%, the present value of a cash inflow of $1250 four years from now is $128.06.
For example, to calculate the value of Rs. 1 crore in 15 years, divide by 2.8. That is, Rs 1 crore today is equivalent to (1 crore/2.8) approximately.After 15 years, the amount is Rs. 36 lakhs.
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Use this calculator to find the present value of annuities due, ordinary regular annuities, growing annuities and perpetuities.
What is the present value of a 15 year annuity with the first payment of $45,000 ?PV = dollar amount of an individual annuity payment multiplied by P = PMT * [1 - [(1 / 1+r)n] / r] is the formula for calculating the present value of an annuity. where P denotes the present value of your annuity stream. PMT = The monetary value of each payment. r denotes the discount or interest rate.
According to the equation for the present value of perpetuity: Annual payments / rate of return = cost of a perpetuity. 8% annual payments = $1,400 Payments per year = $112.
If the required rate of return is 8%, the present value of a cash inflow of $1250 four years from now is $128.06.
For example, to calculate the value of Rs. 1 crore in 15 years, divide by 2.8. That is, Rs 1 crore today is equivalent to (1 crore/2.8) approximately. After 15 years, the amount is Rs. 36 lakhs.
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within the technological sector of the macro-environment, what is one of the trends that has made the task of the marketing manager who is trying to reach a mass market much more challenging?
How to determine market sectors, their importance in marketing strategy, and how to help clients achieve their social, economic, and environmental objectives.
What justifies the significance of environmental scanning in marketing?It's crucial for businesses of all sizes and in all sectors to perform routine environmental scanning. As a result, they are better able to recognize vulnerabilities and strengths that could affect their company and its rivals' businesses as well as prospective threats and opportunities.
Which environmental trends are the largest ones?Generally speaking, the macro environment encompasses changes in the gross domestic product (GDP), inflation, employment, spending, and monetary and fiscal policy. In contrast to the performance of a single business sector, the macro-environment is intimately related to the whole business cycle.
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can you in this specific case tell if france 1 will consume more or less beer than germany did in part (3) from the ppf alone? why or why not?
Based on the PPF alone, it is difficult to say if France will consume more or less beer than Germany did in Part 3. Since the PPF does not provide details about consumer preferences or the resources and technology available to each country, it does not provide a definite answer.
To determine if France will consume more or less beer than Germany in Part 3, we must first consider the resources, technology, and consumer preferences of both countries. For example, if France has access to more resources or is more technologically advanced than Germany, or if French consumers prefer beer more than German consumers, then France will likely consume more beer in Part 3. On the other hand, if Germany has more resources or is more advanced than France, or if German consumers prefer beer more than French consumers, then Germany will likely consume more beer in Part 3. Additionally, the PPF should be evaluated to determine if it is possible for the two countries to produce more beer than they did in Part 2, which will influence the amount of beer consumed in Part 3. Overall, the PPF alone is not enough to determine which country will consume more beer in Part 3.
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Primarily based on the PPF by myself, it is tough to say if France will consume more or much less beer than Germany did in element 3. because the PPF does not offer information about consumer preferences or the sources and technology to be had to each country, it does now not provide a definite answer.
The public Provident Fund (PPF) scheme is a totally famous long-term savings scheme in India because of its combination of tax financial savings, returns, and protection. The PPF scheme turned into released in 1968 by way of the Finance Ministry's countrywide financial savings Institute. the primary goal of the scheme is to help individuals make small savings and offer returns on financial savings. The PPF scheme gives an appealing price of interest and no tax is required to be paid at the returns which might be generated from the interest prices.
PPF scheme turned into released in 1968 by using the Finance Ministry's countrywide savings Institute. the primary objective of the PPF scheme is to assist individuals to make small savings and provide returns on the savings. The PPF scheme gives an appealing price for hobby and no tax is needed to be paid on the returns that are generated from the interest fees.
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in a consumer society, many adults channel creativity into buying things
Many adults channel their creativity into purchasing things in a consumer society, a culture that places a high value on possessions and frequently purchases brand-new items.
What is the consumer society's culture?One kind of material culture made possible by the market is consumer culture. As a result, a particular connection was made between the consumer and the goods or services they use or consume. Consumption has historically been seen by social science as a minor byproduct of production.
The bundled experiences that are provided as goods and services, such as movies, video games, vacation packages, dining establishments, musical theatre, theme parks, and commercial events, increasingly dominate the modern human experience. As a result, living itself is evolving into a consumer activity. Consumption is a complex social phenomenon where people use goods or services for purposes other than their basic utilitarian value.
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in order to remain competitive in the contemporary business environment, several firms have started training their employees to stop viewing problems as strictly functional - that is, as only a marketing problem, or an accounting problem, for example. what does this trend illustrate about strategic management?
Option A is correct. The trend illustrate about strategic management is that There has been a renewed emphasis on integrative thinking and solving problems cross-functionally.
To live contending in the current marketing situation, different firms have started setting up their representatives to block seeing hindrances as stringently usable, a bookkeeping issue, or a promoting deterrent, concerning model, there has been a restored emphasis on integrative reasoning as well as working problem cross-functionally this trend explains concerning strategic management. Fundamentally, as we realize that essential administration is the continuous preparation, examination, observing as well as assessment of all that is fundamental for a relationship to meet its points as well as goals.
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which management perspective was shared by all in attendance at the meeting? total quality perspective humanistic management perspective classical management perspective management science perspective
The "classical management perspective" was accepted by those who attended the event. It was the first well-designed structure for comprehending administration and consists of two distinct branches: scientific management and administrative management.
What Exactly Is Classical Management Theory?The classical management philosophy is said to increase an organization's efficiency and production through autocracy, division of work, a clear hierarchical structure, and incentives. It believes that workers' sole requirements are physical and economic and that incentives are the key to pushing people to work more.
The goal of traditional management is to build an efficient production system, boost productivity, and maximize profit. According to this idea, an organization, such as a factory, is considered a production machine, with its personnel as pieces that must perform optimally in order to increase productivity. This idea has failed to account for employees' work happiness and social demands.
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which one of the following is a correct statement about the nontax characteristics of a pooled income fund? a) the principal is distributed to the charitable beneficiary at the end of the noncharitable beneficiary's (or beneficiaries') life (or lives). b) only the grantor and the charity can be beneficiaries. c) the income beneficiary cannot receive more than 10% of the original principal value per year. d) it must pay a fixed dollar amount to the charitable beneficiary annually.
he principal is distributed to the charitable beneficiary at the end of the noncharitable beneficiary's is a correct statement about the nontax characteristics of a pooled income fund
Can a pooled income fund invest in tax exempt securities?A pooled income fund is a particular kind of philanthropic mutual fund made from assets or money donated to a charity by an individual, a family, or a business, which is then invested to produce dividends for both the donor and the organization. Donations must come from personal assets, are irrevocable, and are tax deductible. Tax advantages and support for charities are both possible with a pooled income fund. A qualifying nonprofit organization may create and manage a pooled income fund, a particular kind of charitable trust. From one or more people, a family, or a charity, the fund is given irrevocable donations. A prohibition against receiving or investing in securities that are exempt from taxes must be stated in the declaration of trust for a pooled income fund.To learn more about pooled income fund refer to:
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which term is not defined under the uniform securities act? a broker-dealer b registered representative c investment adviser d investment adviser representative
The term not defined under the uniform securities act is investment adviser representative
For the purpose of prosecuting possible securities fraud, the Uniform Securities Act provides a framework for balancing state and federal regulatory jurisdiction. The federal Securities and Exchange Act is ideally thus, supplemented by this law, which offers fundamental investor protection against securities fraud.
The Securities and Exchange Commission does not regulate any securities, therefore only those are covered under the particular statute. The Investment Advisers Act of the year 1940 and the Securities and Exchange Commission's regulations normally control the registration and regulation of various investment advisor representatives in the USA, hence the term investment adviser representative is not defined in the said acts.
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cara wants to make sure that her stock portfolio will not have to go through probate when she dies. she wants these stocks to go to her daughter, jolene, but does not want jolene to have any control of the stocks until cara dies. cara wants to continue having exclusive right to the income from the stocks until she dies. cara does not want to pay any gift tax. which one of the following is the most appropriate form of will substitute for cara to use? a) place the stocks in an inter vivos irrevocable trust b) place the stocks in joint tenancy with right of survivorship with jolene c) name jolene as the transfer on death beneficiary of the portfolio d) give jolene a general power of appointment over the portfolio
1. Living Will. Despite the similarity in name, a Living Will definitely does a lot extra than a ordinary Last Will and Testament can.
Also called an Advance Healthcare Directive, a Living Will is properly for end-of-life planning and to make your desires known
involving clinical care you might also want in the future.
What is the most common type of will?Attested Written Wills
1. Attested Written Wills. By far the most frequent kind of will, an attested written will is typed and printed, then signed by the testator and two witnesses. Witnesses ought to either see firsthand the testator signing the document or hear the statement of the will.
What are the two formats of wills?Two kinds of wills
The holograph will, totally written by using hand and dated and signed via the testator, requires no witnesses but is without problems contested;
The will made in the presence of witnesses written by using the testator or via an attorney. It is dated and signed via the testator before 2
witnesses of full age.
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which of the following contributes to the economic problem of scarcity? responses human wants are insufficient. human wants are insufficient. human wants are limited. human wants are limited. resources are efficient. resources are efficient. resources are expensive. resources are expensive. resources are limited.
The correct option of this question is: E. Resources have alternative uses.
At the point when a resource has an elective use, there are multiple needs for the resource thus it is scarce.
Scarcity is one of the vital concepts of economics. It means that the interest for a decent or service is more noteworthy than the accessibility of the great or service. Therefore, scarcity can restrict the choices accessible to the consumers who ultimately make up the economy. Scarcity is significant for understanding how goods and services are valued. Things that are scarce, similar to gold, diamonds, or specific kinds of information, are more valuable for being scarce because sellers of these goods and services can set greater costs. These sellers know that because a bigger number of individuals need their great or service than there are goods and services accessible, they can track down buyers at a greater expense.
Scarcity of goods and services is a significant variable for economic models because it can influence the decisions made by consumers.
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the correct question is:
Which of the following contributes to the economic problem of scarcity?
A. Human wants are insufficient.
B. Resources are unlimited.
C. Resources are efficient.
D. Resources are expensive.
E. Resources have alternative uses.
in the economy of hartzelland there are 12 goods and 3 services traded. how many prices would there need to be in hartzelland if it was a purely barter economic system?
In the economy of hartzelland there are 12 goods and 3 services traded. 66 prices would there need to be in hartzelland if it was a purely barter economic system.
A barter is an exchange of goods or services between two or more persons that does not include the exchange of money or other forms of payment, such as credit cards. Bartering entails the exchange of one party's good or service for another party's good or service in its most basic form. Despite the notion that a barter system is more antiquated than modern economies, barter exchanges are nevertheless common in the marketplace.
A simple example of a barter transaction is a carpenter building a fence for a farmer. Instead of giving the builder $1,000 in cash for labor and materials, the farmer may give the carpenter $1,000 worth of groceries or produce.
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sing the following additional information for leone company, complete the requirements below. raw materials inventory, beginning $ 122,000raw materials inventory, ending 127,000work in process inventory, beginning 37,000sales 2,122,000work in process inventory, ending 41,000finished goods inventory, beginning 52,000finished goods inventory, ending 60,000required:1. prepare the schedule of cost of goods manufactured for the current year.2. prepare the current year income statement.
LEONE COMPANY Income Statement For Year Ended December 31 Cost of goods sold Goods available for sale Cost of goods sold.
What is cost of goods sold?
COGS is an important financial metric because it is subtracted from a company's revenues to determine gross profit. The gross profit is a profitability metric that assesses how well a company manages its labor and supplies during the manufacturing process. COGS is recorded as a business expense on the income statements because it is a cost of doing business. Analysts, investors, and managers can estimate the company's bottom line by knowing the cost of goods sold.
If COGS rises, net income will fall. While this change is advantageous for income tax purposes, the business will generate less profit for its shareholders. Businesses try to keep their COGS low in order to increase their net profits. The cost of goods sold (COGS) is the cost of acquiring or manufacturing the products that a company sells over a given period, so the only costs included in the measure are those directly related to product production, such as labor, materials, and manufacturing overhead.
Delray Mfg. Sales has the following selected account balances. Inventory of raw materials, inventory of work in progress, December. Inventory of finished goods as of December 31, 2016 Purchases of raw materials Direct labor and factory computer supplies were employed. Indirect labor Repairs to factory equipment Factory building rent Advertising costs Expenses for general and administrative purposes December raw material inventory Inventory of work in progress, December Inventory of finished goods as of December 31, 2017: $1,207,000 37,000 58,700 64,800 190,800 246,000 22,000 42,000 5,250 50,000 94,000 140,000 43,900 47,000 69,300 Dec. 31, 2016 31, 2016 31, 2017 31, 2017.
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