The exchange rate implied by PPP is 1 USD = 29990601 dinar. The alternate method makes use of the purchasing power parity (PPP) exchange rate.
Which measures how much one currency is worth in relation to another. would need to be converted into another in order to purchase the same quantity of goods and services in each nation. According to the PPP theory, shifts in the relative price levels of two nations cause changes in exchange rates. This is accurate since it is always assumed that the product quantities in market baskets will remain constant. Therefore, the price of the individual items is the only factor that can affect the cost of the basket.
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the records of alberta inc. included the following information: cost of goods sold $1,800,000 beginning inventory 435,000 ending inventory 465,000 use the information above to answer the following question. what is the inventory turnover ratio? a. 4.14 times b. 2.00 times c. 3.87 times d. 4.00 times
Inventory turnover is a measure of how many times inventory is sold or used in a given time period, such as a year. Hence option A is correct
What is Inventory Turnover Ratio ?It is calculated to determine whether a company has an excessive inventory in comparison to its sales level.
The ideal inventory turnover ratio for most industries will be between 5 and 10, implying that the company will sell and restock inventory every one to two months.
The ideal ratio for industries with perishable goods, such as florists and grocers, will be higher to prevent inventory losses due to spoilage.
Inventory turnover is the amount of time that elapses between the day a company purchases an item and the day it is sold.
Inventory Turnover Ratio = COGS / Average Inventory
Where COGS = $1,800,000
Average Inventory = opening Inventory + Ending Inventory /2
= 435,000 + 465,000 / 2
= $ 450,000
Inventory Turnover Ratio = COGS / Average Inventory
= $ 1800,000 / 450000
= 4.14 times
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when machine-hours are used as an overhead cost-allocation base, the most likely cause of a favorable variable overhead spending variance is . question 18 options: the production scheduler efficiently scheduled jobs strengthened demand for the product a decline in the cost of energy excessive machine breakdowns
a decline in the cost of energy excessive ,machine breakdowns a decline in the cost of energy.
What is fixed overhead budget?The fixed overhead budget variance is also known as the fixed overhead spending variance. Fixed overhead costs are the indirect manufacturing costs that are not expected to change when the volume of activity changes.
What comes under fixed budget?A fixed (static) budget presents budgeted amounts at the expected capacity level. It is best used when the department's activities (e.g., sales) are stable. A deficiency with the static budget is the lack of flexibility to adjust to unexpected changes.
How is static budget calculated?To calculate a static budget variance, simply subtract the actual spend from the planned budget for each line item over the given time period. Divide by the original budget to calculate the percentage variance
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1.Institutions that help to match one person's saving with another person's investment are collectively called theA.Federal Reserve system.B. banking system.C.monetary system.D.financial system.
Institutions that help to match one person's saving with another person's investment are collectively called the financial system.
What are the financial system's components and purposes?An economic structure known as a financial system allows for the transfer of assets and money between lenders, investors, and borrowers with the help of financial institutions. Its purpose is to effectively allocate economic resources in order to stimulate economic growth and produce a return on investment (ROI) for market players.
Why is the financial system crucial?A stable financial system is capable of effectively allocating resources, identifying and managing financial risks, preserving employment levels close to the natural rate of the economy, and preventing relative price movements of real or financial assets that could jeopardize monetary stability or employment levels.
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Those who view their work as a necessary but personally unfulfilling way to make money are said to view work
as a
A. contract.
B. job.
C. calling. D. career.
One is said to perceive work as a job if they see it as a required but unfulfilling means of generating income.
What exactly is an unsatisfying relationship?According to Josh Klapow, Ph. D., licensed psychologist & host of A Kurre and Klapow Podcast, "Lack of satisfaction comes from apathy, habituation, and also the loss of freshness as a partnership settles in." We seek on our spouse to provide us an sense of fulfillment in the beginning stages of our relationship.
What exactly is an unfulfillment status?Order has not yet been dispatched, as indicated by the fulfillment status of "unfulfilled." Customers typically receive an email confirmation when their orders have been dispatched along with a tracking number, and the order status is then changed to "fulfilled."
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Advertisers who don't care where their ads run in the newspaper pay which rate?A) co-op rateB) preferred-position rateC) run-of-paper (ROP) rateD) non-preferred rateE) classified rate
Run-of-paper (ROP) rates are paid by advertisers who don't mind wherever their newspaper advertising appear.
Run-of-paper (ROP) rate definition.When advertisment in a magazine or newspaper is purchased at a price that prevents the company buying the space from selecting a specific location for their advertisement: Advertising standards for Metro newspaper run-of-paper advertisements are listed on this page.
What does ROP mean in newspapers?Anywhere-in-the-publication newspaper advertisement that is not specifically chosen for a place or page. Placement is up to the newspaper's discretion. The most popular choice for newspaper advertisers is known more popularly by its acronym, ROP.
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The curve has a positive slope because as prices of final goods and services rise, prices of inputs rise more slowly. A) short-run aggregate demand B) short-run aggregate supply C) long-run aggregate supply D) long-run aggregate demand
The curve has a positive slope because as prices of final goods and services rise, prices of inputs rise more slowly is short-run aggregate supply.
Why does the short-term aggregate supply curve have a positive slope?Given that certain nominal input prices are fixed and that more manufacturing processes get bottlenecked as output increases, the aggregate supply curve is upward sloping in the near run. Low levels of demand allow for output to be expanded without experiencing diminishing returns and an increase in the average price level.
Which curve for total supply has a positive slope?The upward-sloping aggregate supply curve, sometimes referred to as the short run aggregate supply curve, demonstrates the favorable short-term link between price level and real GDP.
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is the process through which managers ensure that employees' activities and outputs contribute to the organization's goals. T/F
This statement is true. Performance management is an ongoing process that involves setting objectives, measuring progress, providing feedback, and rewarding results. It is a way of monitoring and supporting employees’ progress and development.
It helps ensure that everyone in the organization is working towards the same goals by collecting, analyzing and/or reporting information regarding the performance of an individual, group, organization, system or component.. It's aim is to improve the performance of employees and help them in reaching their full potential. It is also a way of creating accountability and ensuring that employees are held accountable for their performance.
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The manufacture of flat panel displays includes two basic steps:
(1) fabrication of the display, in which many pixels are fabricated on a glass substrate, and
(2) assembly of the display into a housing containing the driver chips. Suppose for the fabrication step there is an upper specification limit on the number of failed pixels per display.
Assume failed pixels exceeding the spec limit is the only failure mechanism in fabricating the display. Suppose the process performance index for fabrication is 0.8. In the assembly step, suppose there are upper and lower specification limits on the current drawn by the driver chips in an assembled unit. Assume exceeding the spec limits for current is the only failure mechanism in the assembly step. Suppose the assembly step has a process capability index of 1.4 and a process performance index of 0.9. What is the yield of manufacturing flat panel displays?
Display pixels driven by silicon thin film transistors are fabricated on plastic substrates for use in active matrix displays, such as flat panel displays.
What are specification limits?
The objectives that customers or market performance have set for a product or a process are known as customer specification restrictions, and they are typically based on input from the Voice of the Customer. In other words, it is the result that the metric that we use to measure should bring about.
Customers choose the upper and lower limits for product characteristics, which define the circumstances in which the product is useable. Assume that if the product exceeds these limits, the consumer will reject it. Specification restrictions are related to product design. As a result, during the product's design phase, impose these limitations.
a client's willingness to accept the specification's top bound.
The lowest specification restriction that a customer would accept.
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The income statement and selected balance sheet information for Calendars Incorporated for the year ended December 31 are presented below.
Income Statement
Sales Revenue $ 86,000
Expenses: Cost of Goods Sold 40,000
Depreciation Expense 16,800
Salaries and Wages Expense 10,800
Rent Expense 3,300
Insurance Expense 1,700
Interest Expense 1,600
Utilities Expense 1,400
Net Income $ 10,400Selected Balance Sheet Accounts
Ending Balances Beginning Balances
Inventory $ 445 $ 520
Accounts Receivable 2,200 1,820
Accounts Payable 1,280 1,460
Salaries and Wages Payable 530 290
Utilities Payable 120 0
Prepaid Rent 70 110
Prepaid Insurance 60 70Required:
Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated by a minus sign.)
CALENDARS INCORPORATED
Statement of Cash Flows (Partial)
For the Year Ended December 31
Cash Flows from Operating Activities: Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Changes in Current Assets and Current Liabilities 0
$0
CALENDARS INCORPORATED Statement of Cash Flows (Partial) For the year ended December 31 Cash flow from operating activities.
What is statement cash flow?
Having a high degree of cash conversion flexibility, cash equivalents are short-term assets. They include, among other things, the balances in savings and money market accounts, short-term CDs, and short-term government securities (e.g., treasury bills). Short-term commercial paper is another illustration of an alternative to cash (negotiable notes receivable issued by other companies).
On the balance sheet, you can show cash and cash equivalents together or separately. Some companies combine cash with short-term investments in marketable stock instruments. Effective financial management invests any surplus in cash equivalents, leaving very little cash on hand in the actual world. The distinction between cash and cash equivalents tends to lose significance with the availability of highly liquid assets.
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_____ costs are the costs associated with changing from one choice, such as a brand, retailer, or service provider, to another.a. Switchingb. Transferc. Conversiond. Shillinge. Infiltrating
Switching costs are the costs associated with changing from one choice, such as a brand, retailer, or service provider, to another. Thus the correct option is A.
What is a Retailer?A retailer is referred to as a channel of distribution that purcahse goods from wholesalers in small amounts and sells them to customers. he is a direct link with customers so able to understand the demands taste and preferences towards products.
The expenditures a customer incurs when switching brands or products are referred to as switching costs. Switching costs are substantial because they enable businesses to sustain sales while also increasing brand recognition.
By decreasing the likelihood that a consumer will move to an alternative product rather than continuing with your brand, higher switching costs naturally reduce defection.
Therefore, option A is appropriate.
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a caesar cipher uses a plaintext character to compute two or more encrypted characters, and each encrypted character is computed using two or more plaintext characters.
When something is "appended," it is done so at the end of another thing. By opening a file in the "a" mode, you can add content to it. When we wish to add a new line to something, we can open it in "a" mode (append), then execute the write() method while supplying the content we want to append as an argument.
Describe an example of plaintext.
Email messages that merely contain text, for instance, are known as plaintext emails. Plaintext communications are frequently used in marketing emails since HTML-encoded messages and messages with additional binary components are frequently blocked by spam-filtering software.
What are ciphertext and plaintext?
It is in plaintext if you can understand what is written. Ciphertext, often known as encrypted text, is a collection of randomly generated letters and numbers that are incomprehensible to humans. A plaintext message is input into an encryption algorithm, which then processes the plaintext to create ciphertext.
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the most competitively effective and very likely most profitable long-term approach to reduce or eliminate the impact of paying tariffs on pairs imported from a production facility in a different region to a company's distribution warehouse in europe-africa is to
Construct and outfit a production facility in Europe-Africa, and subsequently it may need to be expanded to provide all (or at least most) of the pairs the business plans to try to sell in Europe-Africa.
Establishing a production facility so that it could be expanded and sold in Europe would allow for effective competition and a long-term successful strategy for reducing or eliminating the impact of the tariff that would be paid on pairs. -Africa
The following suggestions are the most appealing ways to lessen or do away with the effects of paying tariffs on pairs imported to a business's or organization's distribution warehouse in Europe-Africa:
Construct and equip a production facility in Europe-Africa, then add to it as necessary to supply all (or the majority of) the pairs the business intends to sell in Europe-Africa.
Create a production facility that can be extended and sold in Europe in order to have effective competitiveness and a successful long-term strategy for decreasing or eliminating the impact of tariffs paid on pairs.
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Price discrimination and welfare Suppose Clomper's is a monopolist that manufactures and sells Stompers, an extremely trendy shoe brand with no close substitutes. The following graph shows the market demand and marginal revenue (MR) curves Clomper's faces, as well as its marginal cost (MC), which is constant at $50 per pair of Stompers. For simplicity, assume that fixed costs are equal to zero; this, combined with the fact that Clomper's marginal cost is constant, means that its marginal cost curve is also equal to the average total cost (ATC) curve. First, suppose that Clomper's cannot price discriminate. That is, it must charge each consumer the same price for Stompers regardless of the consumer's willingness and ability to pay. On the following graph, use the black point (plus symbol) to indicate the profit-maximizing price and quantity. Next, use the purple points (diamond symbol) to shade the profit, the green points (triangle symbol) to shade the consumer surplus, and the black points (plus symbol) to shade the deadweight loss in this market without price discrimination. (Note: If you decide that consumer surplus, profit, or deadweight loss equals zero, indicate this by leaving that element in its original position on the palette.) Monopoly Outcome Consumer Surplus Profit Deadweight Loss 0 160 320 480 640 800 960 1120 1280 1440 1600 100 90 80 70 60 50 40 30 20 10 0 PRICE (Dollars per pair of Stompers) QUANTITY (Pairs of Stompers) Demand MC = ATC MR Suppose now that Clomper's is able to perfectly price discriminate—that is, it knows each consumer's willingness to pay for a pair of Stompers and is able to charge each consumer precisely that amount. On the following graph, use the black point (plus symbol) to indicate the profit-maximizing quantity sold and the lowest price at which the firm sells its boots. Next, use the purple points (diamond symbol) to shade the profit, the green points (triangle symbol) to shade the consumer surplus, and the black points (plus symbol) to shade the deadweight loss in this market with perfect price discrimination. (Note: If you decide that consumer surplus, profit, or deadweight loss equals zero, indicate this by leaving that element in its original position on the palette.) Monopoly Outcome Profit Consumer Surplus Deadweight Loss 0 160 320 480 640 800 960 1120 1280 1440 1600 100 90 80 70 60 50 40 30 20 10 0 PRICE (Dollars per pair of Stompers) QUANTITY (Pairs of Stompers) Demand MC = ATC Consider the welfare effects when the industry operates under a monopoly and cannot price discriminate versus when it can price discriminate. Complete the following table by indicating under which market conditions each of the statements is true. (Note: If the statement isn't true for either single-price monopolies or perfect price discrimination, leave the entire row unchecked.) Check all that apply. Statement Single-price Monopoly Perfect Price Discrimination Clomper's produces the efficient quantity of Stompers. Total surplus is not maximized. There is no deadweight loss associated with the profit-maximizing output.
Consumers pay a price that is higher than the marginal cost of producing Stompers. Clomper's produces a quantity of Stompers that is too low.
A market structure characterized by a single seller, selling a unique product in the market. In a monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute.
Perfect price discrimination is a monopolistic condition when the company divides the market into individual consumers and charges each one prices that they are willing and able to pay.
The total surplus in a market is a measure of the total wellbeing of all participants in a market. It is the sum of consumer surplus and producer surplus. Consumer surplus is the difference between willingness to pay for a good and the price that consumers actually pay for it.
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one of the reasons for using home-country nationals is to help a multinational corporation (mnc) maintain financial control over the operation. t/f
False. One of the reasons for using home-country nationals is to help a multinational corporation (mnc) maintain financial control over the operation.
What is a multinational corporation?An organization is considered a global corporation if its operations span at least two nations. Some individuals would classify any business having an overseas branch as a multinational corporation. Some people might restrict the term to only include businesses with at least 25% of their revenue coming from sources outside of their own nation.
Direct investments may be made abroad by multinational corporations. Many are based in industrialized countries. Advocates claim that they produce technologically advanced goods and high-paying jobs in nations that wouldn't otherwise have access to them.
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mike intentionally leaves out the details regarding the actual costs associated with a project so that he can get the project approved by his manager. mike's misrepresentation illustrates , a barrier to effective communication.
In a case whereby Mike intentionally leaves out the details regarding the actual costs associated with a project so that he can get the project approved by his manager then Mike's misrepresentation illustrates filtering, a barrier to effective communication.
What is effective communication?Effective communication can be described as the process of exchanging ideas, thoughts, opinions, knowledge, so that there would be a message which is been received and understood with clarity and purpose.
It should be noted that when we communicate effectively, both the sender as well as the receiver feel satisfied however with the communication which is effective, all parties involved will be satisfied and feeling accomplished through the delivering messages clearly, hence in the case above the filtering, a barrier to effective communication can be seen.
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complete question:
Mike intentionally leaves out the details regarding the actual costs associated with a project so that he can get the project approved by his manager. Mike's misrepresentation illustrates ________, a barrier to effective communication.
On January 1, 2020, Craig and Hillary start a partnership. Craig invests a building worth $70,000 and equipment valued at $18.000. Hillary invests $20,000 in cash. The partners have agreed that Hillary will operate the business and be an equal partner in the beginning capital balances. The journal entry on January 1 to record the transaction using the goodwill method would be:
Type "Debit" in front of each debit line.
Type "Credit" in front of each credit line.
Show and label calculations.
On January 1, 2020, Craig and Hillary start a partnership. : Debit ,Building: 70,000 Equipment: 18,000 ,Cash: 20,000 ,Total: 108,000 Credit
Partners' Capital: 54,000
Hillary's Capital: 54,000
Journal entries are used to document business transactions in an organization's accounting records. A journal entry is often made in the general ledger, but it can also be made in a subsidiary ledger and subsequently rolled forward into the general ledger after being summarized. After then, the general ledger is utilized to produce the company's financial statements.
Every business transaction should be recorded in at least two places, according to the reasoning behind a journal entry (known as double entry accounting). For instance, when you make a cash sale, the revenue account and the cash account are both increased.
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Consider the market for meekers in the imaginary economy of Meekertown. In the absence of international trade, the domestic price of a meeker is $30. Suppose that the world price for a meeker is $40. Assume that Meekertown is too small to influence the world price for meekers once they enter the international market. If Meekertown allows free trade, then it will_______meekers. Given current economic conditions in Meekertown, complete the following table by indicating whether each of the statements is true or false. True or False: When a country is too small to affect the world price, allowing for free trade will always increase total surplus in that country, regardless of whether it imports or exports as a result of international trade.
The answer to the first part of the question about the meeker economy- which contains a fill-in-the-blank is - Export. And another part is - True.
Taking into account the demand for meekers in the made-up Meeker town economy. In the absence of foreign trade, a meeker costs $30 domestically. assuming meeker costs $40 in the real world.
Given that Meeker town is too small to have an impact on the global price of Meekers once they are sold abroad. Meeker town will export meekers if it permits free trade.
The claim that regardless of whether a country imports or exports as a result of international commerce,
enabling free trade will always enhance the total surplus in that country when that country is too tiny to have an impact on global prices is True
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Managing a project and leading a project are two different things. Project leadership is about coping with
A. Formulating plans and objectives.
B. Monitoring results against plans.
C. Change.
D. Taking corrective action when necessary.
E. Designing structures and procedures.
Project management and project leadership are two distinct activities. Project management involves managing change.
What distinguishes project management from project leadership?Organize tools to carry out tasks and control routines. To lead is to exert influence over others and to envision transformation.
What are the top three management priorities for the project's success?3 Essentials for Successful Project Management. Project managers need to be skilled in many different areas, but we'll focus on our top three: management, leadership, and communication.
Which two aspects of project management are the most important?Case Study On The Technical And Socio-Cultural Aspects Of Project Management. Project management is heavily dependent on both the technical and sociocultural factors, which are both highly important parts of the process.
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The assessment center technique for selecting employees is ideal for small firms because such centers involve limited expense. T/F
Candidates are evaluated in assessment center to see if they are qualified for particular jobs, particularly management or military command. Techniques used to evaluate candidates'
personalities and aptitudes include group exercises, presentations, exams, and psychometric testing. Assessment center, which were developed during World War II to choose officers, are still widely employed in today's military recruitment. Examples include the British Army's War Office Selection Board and the Royal Navy's Admiralty Interview Board. [2] Except for a little amount of internal use by the CIA during intelligence gathering operations during World War 2, the OSS model of assessment center was essentially abandoned in the United States. Australians who were identified as participants and the British Civil Service Selection Board continued to utilize it for selection.
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3. A normal distribution is generally described by its two parameters: the mean and the range.
False (Statistical Process Control SPC, easy)
A normal distribution is generally described by its two parameters: the mean and the range. False (Statistical Process Control SPC, easy). This statement is false.
What are a data set's mean and range?
The median is the mean of the two middle values when a data set contains an even number of values. The value that appears most frequently in a data set is its mode. A data set may have zero, one, or several modes. The average of any data is called mean. The distance between the largest and smallest numbers in a piece of data is known as the range. Maximum value minus minimum value is range.
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which of the following is true when comparing yield measures for money market instruments to yield measures for longer-term bond market yield measures? group of answer choices money market yield measures are derived from discount interest quotations, while bond market yield measures are derived from add-on interest. money market yield measures are based on simple interest, while bond market yield measures are based on compound interest. money market yield measures have a periodicity of one by design, while bond market yield measures have a periodicity that varies with coupon payment frequency.
The interest rate obtained from investing in assets with high liquidity and short maturities, such as negotiable certificates of deposit, U.S. Treasury bills, and municipal notes, is known as the money market yield.
What Is the Money Market Yield?The money market yield is derived by multiplying the holding period yield by a 360-day bank year divided by the number of days till maturity. It can also be calculated using a bank discount yield.Bond equivalent yield and CD-equivalent yield are closely related to the money market yield (BEY).Investors anticipate receiving a return on their investment from money market instruments, or the money market yield.The money market entails the buying and selling of substantial quantities of very short-term debt instruments, including overnight reserves or commercial paper.A person can make an investment in the money market by buying a money market mutual fund, purchasing a Treasury bill, or by opening a money market account at a bank.
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it was discovered that a person becomes neurotic because he cannot tolerate the amount of frustration which society imposes on him in the service of its cultural ideals, and it was inferred from this that the abolition or reduction of those demands would result in a return to possibilities of happiness.
The Pleasure Principle and the Reality Principle-Freud contends that the only goal in life that everyone can agree on is to be happy.
What is citizens acoording to Frued ?Happiness can only be obtained in its purest form through the pleasure principle (living for the satisfaction of all needs, for pleasure).
Sigmund Freud published Civilization and Its Discontents in 1930, outlining his theory of civilization: civilization is a problem that makes us unhappy.
Freud believed that humans are aggressive creatures by nature, and that we enjoy expressing our aggression and hurting one another.
The whole sum of the achievements and regulations which distinguish our lives from our animal ancestors. It serves two purposes: it protects us from nature and it adjusts our mutual relationships.
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1. Nexis Corp. issues 1,000 shares of $15 par value common stock at $22 per share. When the transaction is recorded, credits are made to
a.Common Stock, $7,000, and Paid-In Capital in Excess of Stated Value, $15,000
b.Common Stock, $15,000, and Paid-In Capital in Excess of Par—Common Stock, $7,000
c.Common Stock, $22,000
Nexis Corp. issues 1,000 shares of $15 par value common stock at $22 per share. When the transaction is recorded, credits are made to common stock, $15,000, and paid-In capital in excess of par, $7,000.
All shares used to divide ownership of a company or business constitute shares in the financial world. A share represents a share of shares in the company based on the total number of shares.
This typically entitles the shareholder to a percentage of the company's revenue, cash from the sale of the company's assets, or voting rights, regularly distributing these items in proportion to the amount each shareholder pays. Not all shared classes are created equal; some may have advanced, unrestricted voting rights or specific preferences for profit or liquidation before or after other groups of shareholders.
Hence the correct option is B
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When a union and employer negotiate a contract, they cannot bar outside parties from holding an election for more than three years. True or False?
When a union and employer negotiate a contract, they cannot bar outside parties from holding an election for more than three years. - True
Under the National Labor Relations Act (NLRA) in the United States, unions and employers are generally prohibited from entering into contracts that limit the right of employees to hold elections for union representation. The NLRA states that an employer and union cannot agree to waive the right of employees to vote in an election to determine whether they want union representation, or to agree to a provision that would delay an election for more than three years.
This means that if a union and employer have negotiated a contract, the employees covered by the contract are still able to hold an election to determine whether they want union representation, even if the contract is in place. If the employees vote in favor of union representation, the union becomes exclusive bargaining representative for employees and negotiates a collective bargaining agreement with the employer.
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keesha company borrows $235,000 cash on november 1 of the current year by signing a 90-day, 8%, $235,000 note
The loan repayment, the current and next year's interest of this loan and journal entries are:
1. Maturity of debt
Date of note maturity=150 days+ December 1st
Date of note maturity=30 April
2-3. Current and next year's interest charges on this supplement
Term total; The current year's interest; After Accounting
Principal $230,000 $230,000 $230,000
Rate (%) 12% 12% 12%
Time 150/360 30/360 120/360
Total interest $11,500 $2,300 $9,200
Journal entries
Debit Cash $230,000
Credit Notes payable $245,000
(To record issuance of the note)
Debit Interest expense $2,300
Credit Interest payable $2,300
(To record accrual of interest)
Debit Notes payable $230,000
Debit Interest payable $2,300
Debit Interest expense $9,200
Credit Cash $241,500
($230,000+$2,300+$9,200)
(To record payment of the note at maturity)
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The president of the United States promises that
the nation's economy will simultaneously produce more defense goods without any decreases in the production of other goods. Under which of the following conditions might such a promise be valid?
The following conditions might such a promise be valid If the US were producing inside its production possibilities curve.
PPF is the area on the graph that represents the level of production that cannot be achieved given the available resources. The curve represents the optimal level. Here are the assumptions involved: A firm economy wants to produce two products. It has limited resources.
Ownership is the state or fact of legal possession and control over the tangible or intangible property. Economic data measure the financial health or well-being of a country a particular region or an individual market. It is often presented in comparison with past measures. This data is used to create economic analyzes and enrich other categories of financial data.
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In the Classical Bathtub Model the leakage (withdrawal) represents income saved that is then borrowed by businesses and re-injected into the economy as ___.
The leakage (withdrawal) in the Classical bathtub model corresponds to revenue that has been saved, borrowed by enterprises, and then reinvested as investment.
What is the traditional method of calculating income? The leakage (withdrawal) in the traditional bathtub model corresponds to money saved, which businesses then borrow and reinvest as investment."Supply creates its own demand," according to Say's law.There will always be an equilibrium between the total supply and total demand across all markets.The connection between inputs and outputs is described by the production function.Prior to the Great Depression, the Classical Model was in vogue.According to this, the economy is relatively open and prices and salaries are able to fluctuate in response to changes in demand at any time.In other words, prices and incomes rise swiftly during prosperous times and fall freely during difficult times.To learn more about Classical Model refer
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A 60-day, 11% note for $28,800, dated May 1, is received from a customer on account. The maturity value of the note is a. $29,328 b. $28,800 c. $31,968 d. 5528
Maturity value = Note value + Interest on that
Note value = $28,800
Interest= $28,800 x 11% x 60/360
=$28,800 x 11% x 1/6
=$528
Maturity value = Note value + Interest on that
=$28,800 + $528
=$29,328
Hence, the right option is a.) $29.328
The amount owed and due to be paid to the holder of a financial obligation as of the obligation's maturity date is its maturity value. The phrase typically refers to a loan's or bond's outstanding principal balance. In the event of a security, par value and maturity value are the same.
Maturity values are significant since they have an impact on your financial planning by showing just how much cash you will have on hand at a specific future period.
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A company in the hospitality and tourism industry which uses décor and amenities to attract music lovers is tapping into which strategy to draw from a niche market?
Adopt an identity
Highlight differentiators
Return on investment
Tap into fandoms
A company in the hospitality and tourism industry which uses décor and amenities to attract music lovers is tapping into Adopt an identity strategy.
What is a Tourism industry?
The idea of people traveling to other regions, whether locally or globally, for pleasure, social, or business purposes is connected to the tourism sector, often known as the travel industry. It is closely related to the hotel, hospitality, and transportation industries, and most of it is focused on keeping visitors content, busy, and furnished with what they require while they are away from home.
It is also a broad industry, encompassing a number of different industries or sectors, like the hotel industry, the transportation industry, and others. It is crucial to realize that the travel sector is connected to movements to various destinations driven by a variety of travel motivations, including business and leisure.
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according to the u.s. federal trade commission, country of brand and country of design are required to be displayed for all textile and apparel products.
According to US federal trade commission, the country of brand and country of design should display 60% cotton and 40% polyester for all textile and apparel products.
With some exclusions regarding banks, insurance corporations, non-profits, transportation, and communications common carriers, air carriers, and some other entities, the Federal Trade Commission enforces a variety of antitrust and consumer protection laws affecting almost every sector of trade.
Materials comprised of natural, synthetic, or a combination of both fibers, thin threads, or filaments are known as textiles. There is a huge range of textile fiber types accessible, and they can be divided into natural (organic) fibers and man-made (synthetic, industrial) fibers.
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