Answer:
distributive justice
Explanation:
Distributive justice refers to the equitable distribution of resources among the different community members. Here, the total amount or any other thing could be fairly allocated to each employee or a member so that the bias could not be existed
Here in the given situation, the employee who made significant contribution to the organization in return they got their pay increased or other beneficial results
So this represents the distributive justice
In order to deal with the financial problems inherent to the current Social Security system, President Waldhart proposes that anyone making over $150,000 would receive no benefits. This solution best fits with a(n) ____ approach. Group of answer choices
Answer: means test benefit
Explanation:
A means test is used to determines whether an individual or a household will be eligible to get some payments or benefits.
An example is the one illustrated in the question whereby President Waldhart proposes that anyone making over $150,000 would receive no benefits.
The owners of a local deli routinely try to develop new menu items and seek better ways of helping their customers; this is an example of Multiple Choice the production objective. innovation. MBO. efficiency. synergy.
Answer: Innovation
Explanation:
Innovation simply means a creative thought that brings about a new concept, new idea or a better way of doing something.
The owners of a local deli routinely try to develop new menu items and seek better ways of helping their customers is an example of innovation.
In Lurnee, it takes 10 resources to produce 1 ton of cocoa and 13.5 resources to produce 1 ton of rice. In South Tyberg, it takes 40 resources to produce 1 ton of cocoa and 20 resources to produce 1 ton of rice. Lurnee has a comparative advantage over South Tyberg in cocoa. This follows the theory of comparative advantage, and we can say that engaging in free trade benefits all countries that participate in it; however, this conclusion stems from which of these inaccurate assumptions?
A. We have assumed that agrarian nations do not specialize in producing particular products.
B. We have assumed the prices of resources and exchange rates in the two countries are dynamic.
C. We have assumed diminishing returns to specialization.
D. We have assumed constant returns to scale.
E. We have assumed there are barriers to the movement of resources from the production of one good to another within the same country.
Answer: We have assumed constant returns to scale.
Explanation:
Comparative advantage simply stated that an economy should produce the goods whereby the said economy has a lower opportunity cost than its counterpart.
Based on the analysis in the question, the inaccurate assumption is that we have assumed constant returns to scale. This means that an increase in the inputs such as capital and labour which are used in producction will also cause an identical increase in output. In reality, this isn't always true.
For February, sales revenue is $900,000, sales commissions are 5% of sales, the sales manager's salary is $96,000, advertising expenses are $80,000, shipping expenses total 2% of sales, and miscellaneous selling expenses are $2,100 plus 1/2 of 1% of sales. Total selling expenses for the month of February are
Answer:
$245,600
Explanation:
The computation of Total selling expenses is shown below:-
Particulars Calculation Amount
Sales Commissions ($900,000 × 5%) $45,000
Salary expenses $96,000
Advertising expenses $80,000
Shipping expenses ($900,000 × 2%) $18,000
Miscellaneous selling
expenses ($2,100 + 1 ÷ 2 × $6,600
($900,000 × 1%)
Total Sales expenses $245,600
We simply added all the items
Record and analyze installment notes (LO9-2)
[The following information applies to the questions displayed below.]
On January 1, 2021, Stoops Entertainment purchases a building for $420,000, paying $100,000 down and borrowing the remaining $320,000, signing a 7%, 20-year mortgage. Installment payments of $2,480.96 are due at the end of each month, with the first payment due on January 31, 2021. Problem 9-1B Part 1 Required: 1. Record the purchase of the building on January 1, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)
Required information Journal entry worksheet Record the purchase of the building. Note: Enter debits before credits. Date General Journal Debit Credit January 01, 2021.
Answer:
January 1, 2021, building purchased
Dr Building 420,000
Cr Cash 100,000
Cr Notes payable 320,000
Explanation:
The building account (asset) must be recorded at the purchase cost. The mortgage is considered a note payable (long term liability), while the cash account (asset) decreases, therefore, it must be credited.
function of the money.
Answer:
The function of money is that it allows us to buy things and exchange it for things we want.
Which transaction or event required the journal entry: debit Interest expense for $250 and credit Interest payable for $250
Answer:
Loan or loan note with a specific interest rate
Explanation:
When the firm has taken a loan from the bank or issued loan notes which have the specific interest rate or coupon rate respectively paid in arrears. The interest expense will accrue each year with the entry by debiting the interest expense and crediting the interest payable and when the interest will be paid the entry will be credit cash and debit interest payable.
George wanted a home in the St. Paul area. He was willing to pay premium price for it even though there were other homes in other areas that were better values. When George was asked why he was willing to pay so much, he told the sales associate that he worked in that area and that he wanted his children to attend school in a specific school district. George's willingness to pay top dollar for a home in St. Paul is because of which characteristic of value?
Answer:
George's willingness to pay top dollar for a home in St. Paul is because of the following characteristics of Value:
"Values are a set of choices with the ability to be fluid such that may be ranked depending on the current situation."
Explanation:
In the question above, George prioritised familiarity with and emotional attachment to the St. Paul area given that he had worked there before and was convinced about the value he'd get from a school in that area.
Notice that he could have put a premium of security, access to social amenities and a host of other factors. However, those factors are not key in the ranking of values which informed George's choice.
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All of the following are excellent reasons for a municipality to subsidize stadium/arena construction except A. improved quality of life and the possibility for urban renewal. B. economic growth leading to a return on investment. C. public relations boost of being labeled a "major league city." D. civic pride and community spirit.
Answer:
B. economic growth leading to a return on investment.
Explanation:
All of the following are excellent reasons for a municipality to subsidize stadium/arena construction except economic growth leading to a return on investment. Thus the correct option is B.
What is economic growth ?The economic growth of any country is determined by the ratio of production and consumption that takes place within a year and evaluates the flow of funds in the market by analyzing the purchasing parity of an individual.
The excellent reasons for a municipality to subsidize stadium/arena construction are improved quality of life and the possibility for urban renewal which provides better assistance and job opportunities.
Subsidize stadium/arena construction helps in the improvement in public relations and appears as a "major league city" which helps in growth and development as well as community spirit.
Therefore, option B's economic growth leading to a return on investment is appropriate.
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7. Problems and Applications Q2 Indicate what happens to the unemployment rate and the labor-force participation rate in each of the following scenarios. Scenario Effect On... Unemployment Rate Labor-Force Participation Rate After a long search, Jon finds a job. Tyrion, a full-time college student, graduates and is immediately employed. After an unsuccessful job search, Arya gives up looking and retires. Daenerys quits her job to become a stay-at-home mom. Sansa has a birthday, becomes an adult, but has no interest in working. Jaime has a birthday, becomes an adult, and starts looking for a job. Cersei dies while enjoying retirement. Jorah dies working long hours at the office.
Answer:
The Unemployment rate refers to people in the economy who are actively looking for work but are jobless.
The Labor-force participation rate refers to the percentage of the working age population who are active in the workforce. This includes both employed and unemployed people as unemployed people are actively seeking jobs.
1. After a long search, Jon finds a job.
Unemployment rate - Decrease
Labor-force Participation rate - Same
2. Tyrion, a full-time college student, graduates and is immediately employed.
Unemployment rate - Decrease
Labor-force Participation rate - Increase
3. After an unsuccessful job search, Arya gives up looking and retires.
Unemployment rate - Decrease
Labor-force Participation rate - Decrease
4. Daenerys quits her job to become a stay-at-home mom.
Unemployment rate - Increase
Labor-force Participation rate - Decrease
5. Sansa has a birthday, becomes an adult, but has no interest in working.
Unemployment rate - Same
Labor-force Participation rate - Decreases
6. Jaime has a birthday, becomes an adult, and starts looking for a job.
Unemployment rate - Increase
Labor-force Participation rate - Increase
7. Cersei dies while enjoying retirement.
Unemployment rate - Same
Labor-force Participation rate - Increase
8. Jorah dies working long hours at the office.
Unemployment rate - Increases
Labor-force Participation rate - Decrease
Assume that you plan to buy a share of XYZ stock today and to hold it for 2 years. Your expectations are that you will not receive a dividend at the end of Year 1, but you will receive a dividend of $9.25 at the end of Year 2. In addition, you expect to sell the stock for $150 at the end of Year 2. If your expected rate of return is 16 percent, how much should you be willing to pay for this stock today?
Answer:
Price to be paid today = $118.35
Explanation:
The price of a share can be calculated using the dividend valuation model
According to this model the value of share is equal to the sum of the present values of its future cash dividends discounted at the required rate of return.
The model can applied as follows:
PV of dividend = D×(1+r) ^(-n)
D- dividend , r - required rate , n- number of year
D- 9.25, r - 16%, n = 2
PV of dividend = 9.25 × (1.16)^(-2)= 6.9
PV of disposal value
PV of dividend = F × (1+r) ^(-n)
D- disposal value , r - required rate , n- number of year
PV of disposal value = 150 × (1.16)^(-2)= 111.47
Price to be paid today
Total present value = 6.9 + 111.47 = 118.35
Price to be paid today = $118.35
Which of the following is the best way to help build your self-esteem?
OA. Adapt.
B. Be critical.
C. Speak clearly
D. Know your abilities.
Answer:
The correct answer is D. Know your abilities.
Explanation
Self-esteem is the feeling that makes people worry about themselves and arouses the feeling of self-preservation; this is related to the way we value ourselves and we feel confident about our abilities, personality, and attributes. Due to this, one of the first steps to build or improve self-esteem is to know yourself and appreciate positive aspects such as attributes, strengths, talents, abilities, etc. Also, it is important to recognize negative aspects but to avoid focusing on these. As a result, you can understand your own value and appreciate or love yourself for this. So, the correct answer is A. Know your abilities.
Answer:
D
Explanation:
To know your abilities so you will know what you can do
An adult with a developmental disability works at a local product fulfillment and distribution center. She takes the bus to get to/from work each day. She is already using a prompting/cueing app on her smartphone to support her when taking the bus. However, on occasion, she gets off at the wrong bus stop and is having problems getting to the right destination (i.e. she has difficulty re-routing herself). Which feature should the interprofessional team consider adding to her smartphone in order to address this issue?
Answer: Tracking and identification.
Explanation: In other ease the woes and stress of such individual, integrating a tracking and identification capability on her app will be of great help. This will ensure that she could be easily and effectively located by leveraging the ability of the geographic positioning system in other to correctly get and know are current location. With these she could be picked easily when issues of drops off at the wrong location. Trackers allows one to determine the current location of items or individuals in which the tracking devices are placed on. As it also gives signals when one gets to the current position of the item or individual for proper identification. With these locating her will become very easy and hassle free during instances of wrong drop off.
If you perceive that the costs and rewards are balanced between you and your partner, you are more likely to be satisfied with your relationship.
a. True
b. False
The span of control for a manager: a. should never exceed 7 subordinates. b. varies somewhat from manager to manager, but most managers operate best with a span of control of about 9 employees. c. depends on a number of factors, and can vary from one manager, location and type of employees. d. is no longer a relevant issue in this day of computerized offices .
Answer:
c. depends on a number of factors, and can vary from one manager, location and type of employees.
Explanation:
A manager can be defined as an individual who is saddled with the responsibility of supervising and ensuring his subordinates (employees) are working effectively and efficiently with the organization's goals and objectives.
In Business management or human resource management, span of control can be defined as the number of subordinates or junior level staffs who are directly controlled by a superior (manager).
Basically, the span of control for a manager depends on a number of factors, and can vary from one manager, location and type of employees.
This ultimately implies that, span of control is directly proportional to the organizational structure and any other factor around them.
Your 15-year-old brother comes home with the great news that he has decided to buy his first car he found on Craigs List. Your brother has just agreed to give $7,000 to a buy the car. He signed the contract and just needs to pay the stranger and pick up the car. Your dad is upset and calls the stranger to tell him your brother will not be buying the car. The stranger can:_________.
a. do nothing.
b. sue your brother for specific performance.
c. sue your brother for breach of contract.
d. sue your dad for breach of contract.
Answer:
a. do nothing.
Explanation:
In this scenario the contract to buy the car was entered by your 15 year old brother. According to the law the legal age for an individual to be able to enter into a legal contract is 18 years and above.
If a person is less than 18 years they will require the guardian to be the person entering the contract on their behalf.
Since the contract was not entered into with the father's knowledge, this is not a legally binding contract.
So the stranger cannot sue in this instance
In one year, Hitech Microdevices will pay a common stock dividend of $4.35. You predict that you will be able to sell your Hitech stock for $57 per share after 1 year. If you require a rate of return of 16 percent on Hitech stock, how much would you be willing to pay now for a share of the stock?
Answer:
Price to be paid now = $52.89
Explanation:
The Dividend Valuation Model is a technique used to value the worth of an asset. According to this model, the worth of an asset is the sum of the present values of its future cash flows discounted at the required rate of return.
The stock would be held for just a period, hence we would use the single period return model. This is given as follows:
Price now = D/(1+r) + P×(1+r)
Dividend , r - rate of return, P -year-end price of stock
Dividend = 4.35, r-16%, P- 57
Price = 4.35/(1.16) + 57/(1.16)= $52.89
Price to be paid now = $52.89
All the following statements concerning variable life insurance are correct EXCEPT: Group of answer choices The policyowner can invest the cash value in different investment accounts. The premium is level and guaranteed not to increase. The death benefit can vary with the policy's investment experience. Cash surrender values are guaranteed.
Answer:
D. Cash surrender values are guaranteed.
Explanation:
Variable Life Insurance is an insurance policy that requires a specific amount of the premium paid by the insurance holder to be dedicated to the investment funds and assets of the company offering the insurance policy. It is important to know that
1. there is a cash value account that can be invested in different subaccounts in this type of policy.
2. The premium level is fixed and the policyholder is expected to pay it on a regular basis. He can be assured that the premium level will not increase.
3. A death benefit is also guaranteed to be paid to a beneficiary chosen by the policyholder, but the amount to be paid as the death benefit depends on how good or bad the policy's investment performed.
But then it is important to note that the cash surrender values are not guaranteed because there is a risk factor. They can fluctuate depending on whether the policy performed poorly or excellently.
An HR manager asked every candidate during an interview to describe a situation in the past in which they had to display their leadership abilities even though they were not a formal leader, discuss what they did, and describe the result. This is an example of which external assessment method
Answer:
Situational interview.
Explanation:
In this scenario, an Human Resource (HR) manager asked every candidate during an interview to describe a situation in the past in which they had to display their leadership abilities even though they were not a formal leader, discuss what they did, and describe the result. This is an example of situational interview.
Situational interview can be defined as the process in which job applicants are made to describe or narrate how they acted in the past in a circumstance or conflict situation and how they were able to overcome the challenges.
Tasty Pasta in an American fast food restaurant chain with locations in 20 countries. When the company enters a new foreign market, it usually selects a combination of franchising and master subsidiaries. These master subsidiaries are joint ventures with local partners because of the advantages joint ventures bring to Tasty Pasta. Specifically, joint ventures are politically more acceptable and they:_________.A) Help realize location and experience curve economies
B) Avoid high transport costs
C) Ensure a steady stream of loyalty payments .
D) Tend to provide a higher control over technology.
E) Bring a degree of local knowledge to the subsidiary.
Answer: Bring a degree of local knowledge to the subsidiary.
Explanation:
Joint Venture is a form of business organization whereby two or more parties come together and use the skills and resources that they both have to achieve a common goal.
Based on the scenario in the question, Joint ventures are politically more acceptable and they also bring a degree of local knowledge to the subsidiary.
On January 1, 2018, Martinez Inc. granted stock options to officers and key employees for the purchase of 22,000 shares of the company’s $10 par common stock at $23 per share. The options were exercisable within a 5-year period beginning January 1, 2020, by grantees still in the employ of the company, and expiring December 31, 2024. The service period for this award is 2 years. Assume that the fair value option-pricing model determines total compensation expense to be $340,800.On April 1, 2019, 2,200 options were terminated when the employees resigned from the company. The market price of the common stock was $33 per share on this date.On March 31, 2020, 13,200 options were exercised when the market price of the common stock was $41 per share.Prepare journal entries to record issuance of the stock options, termination of the stock options, exercise of the stock options, and charges to compensation expense, for the years ended December 31, 2018, 2019, and 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)DateAccount Titles and ExplanationDebitCreditJan. 1, 2018Dec. 31, 2018April 1, 2019Dec. 31, 2019Mar. 31, 2020Jan. 1, 2018Dec. 31, 2018April 1, 2019Dec. 31, 2019Mar. 31, 2020Jan. 1, 2018Dec. 31, 2018April 1, 2019Dec. 31, 2019Mar. 31, 2020Jan. 1, 2018Dec. 31, 2018April 1, 2019Dec. 31, 2019Mar. 31, 2020Mar. 31, 2020
Answer:
Date Account titles and explanation Debit Credit
Jan 1, 2018 No entry
Dec 31, 2018 Compensation expense $170,400
Paid in capital - stock option $170,400
($340800 * 1/2)
April 1,2019 Paid in capital - stock option $17,040
Compensation expenses $17,040
($170400 * 2200 / 22000)
Dec 31 ,2019 Compensation expenses $153,360
Paid in capital - stock option $153,360
{($340800 * 1/2) * 19800 / 22000}
Mar 31, 2020 Cash $303,600
(13,200 * $23)
Paid in capital - stock option $204,480
($340800 * 13200 / 22000)
Common stock $132,000
(13200 * $10)
Paid in capital in excess of par $376,080
In the second case study, why did the court MOST likely feel that the agent's limited dealings with the buyer did not constitute the creation of an agency? A) The agent never spoke directly with the buyer. B) Dual agency is illegal. C) The buyer and agent did not complete an agency agreement, either oral or written. D) The buyer did not like the agent from the very beginning.
Answer:
C) The buyer and agent did not complete an agency agreement, either oral or written.
Explanation:
Agency agreement, which is a binding contract between an agent and another person, (most likely a buyer) is an important document which helps to establish the relationship between both and the agency which renders the help. Since, there was no agreement whether oral or written, their dealings do not constitute the creation of an agency.
Jack oversees two very different workers. Kenny wants to be told exactly what to do because he is hesitant to make decisions, and Laila wants to be told exactly what to do because she wants to get on with it. So, even though they are very different people, they both respect decisiveness. According to the path-goal theory of leadership, Jack should use the _____________ leadership style with Kenny and Laila.
Answer:
Directive.
Explanation:
In this scenario, Jack oversees two very different workers. Kenny wants to be told exactly what to do because he is hesitant to make decisions, and Laila wants to be told exactly what to do because she wants to get on with it. So, even though they are very different people, they both respect decisiveness. According to the path-goal theory of leadership, Jack should use the directive leadership style with Kenny and Laila.
Under a directive leadership style, leaders generally set a clearly defined objective, guidelines, roles or functions and rules for his or her subordinates (employees).
Hence, it is always considered or deemed necessary to guide employees to achieve organizational success in a directive leadership style.
Heartland Health Systems, which employs 20,000 people in facilities in Chicago, St. Louis, Topeka, and Indianapolis, has suffered from poor management for years. As a result, employees are demoralized, and the workplace culture has become increasingly toxic. The board of directors makes the decision to fire many of the top executives and brings in a new CEO, Bashir. An independent polling company conducts employee surveys across all branches, revealing that Heartland employees rank feeling undervalued and underappreciated among their biggest complaints. Bashir decides to implement a radical approach at all levels of management that will help managers relate to and serve their employees. Which of the following is Bashir most likely to do?
Answer: engage in active listening so that he can understand employees' needs
Explanation:
From the question, we are informed that Heartland Health Systems has suffered from poor management for years and as a result, the employees are demoralized, and the workplace culture has become increasingly toxic.
The most likely thing for Bashir to do is to engage in active listening so that he can understand employees' needs. When this is done, he will be able to Kno what the workers want and then can improve their morales and together achieve the organizational goals.
michelle works in retail and cant decide what products to include i the stores front window display what is the first step she should take to solve this problem
The available options are:
A. List the options.
B. Evaluate the decision/choice.
C. State the problem.
D. Determine the pros and cons.
Answer:
State the problem.
Explanation:
In a situation like this, it is expected that the first step to take to solve the problem is that Michelle should understand the reason, she wants to put the product on the window display. This includes knowing what she will benefit by placing the product on the window display and which product she wants to display. This process which is the first step in the problem-solving technique is known as STATE THE PROBLEM.
Hence, the right answer is State the Problem.
Sam Consultancy has a large internal project to be initiated. To staff this project, Sam Consultancy is working with People Consultancy to provide three resources for six months. The resources will be part of the team managed by Sam Consultancy for six months. Which contract type should be used by Sam Consultancy?
Complete Question:
Sam Consultancy has a large internal project to be initiated. To staff this project, Sam Consultancy is working with People Consultancy to provide three resources for six months. The resources will be part of the team managed by Sam Consultancy for six months. Which contract type should be used by Sam Consultancy?
Group of answer choices
a. Purchase Order
b. Cost plus Fee
c. Fixed cost
d. Time and Material
Answer:
d. Time and Material
Explanation:
Time and material is a type of contract used mostly for construction or manufacturing services, in which the client pays the contractor's employees (workers) based on the amount of time spent and quantity of materials used for the execution of the project.
Generally, a Time and Material (T&M) is peculiar to projects that cannot be easily estimated by size or duration and when project requirements are likely to be changed.
Hence, a Time and Material (T&M) contract is considered to be more flexible and suitable for a long-term project than a fixed-cost contract.
A method of identifying the legal description of a property is known as what...? Lot and Block Lot Number ACRIS Property Description
Answer:
Lot and Block
Explanation:
The lot and block survey system is a method often used in Real Estate, that gives a legal description used to identify lands or property in subdivided areas and cities. It is otherwise referred to as a recorded plat survey system or the recorded map survey system. It is extensively used in the United States and Canada.
Hence, the right answer to the question is LOT and BLOCK
A diversified company has a parenting advantage when it Multiple Choice results in supporting short-term economic shareholder value. avoids acquiring undervalued companies and thus reduces risks. is more able than other companies to create positive collaboration within its portfolio for different specialty groups and geographic locations. is more able than other companies to boost the combined performance of its individual businesses through its high-level guidance, general oversight, and other corporate-level contributions. manages a set of fundamentally similar business operations inside fundamentally similar industries and environments.
Answer: is more able than other companies to boost the combined performance of its individual businesses through its high-level guidance, general oversight, and other corporate-level contributions
Explanation: The parenting advantage is simply held by that company or organization who thrives more than it's competitors using strategic implementation and adding value to its individual operations in other to facilitate the performance of the company's businesses. Being able to outperform competitiors require high-level guidance and corporate strategy which involves the implementation of a well-defined blueprint designed through high level expertise capable aiding performance and value.
Ginger is a United States citizen who paid the following foreign income taxes: $10,000 tax paid to England on consulting fee income $5,000 tax paid to Spain on earned income for which she claims the foreign earned income exclusion $1,000 tax paid to France for which she claims the foreign housing exclusion These were Ginger's only sources of income during the year. Her U.S. tax liability was $23,000. What amount of foreign tax credit can she claim on her return
Answer:
$0
Explanation:
Ginger has to choose between claiming a tax credit of a deduction for income taxes paid to foreign countries. She has already claimed a $5,000 foreign income exclusion (for taxes paid in Spain), and she has already made the deduction for the $1,000 paid in taxes to France. She can also claim a deduction for the $10,000 paid in taxes to England.
Since she already claimed tax deductions, she can no longer claim a tax credit, it is either one or the other.
In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1 Blossom Company enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $22,500 and sales taxes $1,125. 2. Oriole Company does not segregate sales and sales taxes. Its register total for April 15 is $14,310, which includes a 6% sales tax.
Prepare the entry to record the sales transactions and related taxes for Blossom Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Answer and Explanation:
The Journal entry is shown below:-
a. Cash Dr, $23,625
To Sales Revenue $22,500
To Sales Tax payable $1,125
(Being cash is recorded)
Here we debited the cash as it increased the assets and we credited the sales revenue and sales tax payable as it increased the revenue and liabilities
b. Cash Dr, $14,310
To Sales Revenue $13,500
To Sales Tax payable $810 ($14,310 ÷ 106 × 6)
(Being cash is recorded)
Here we debited the cash as it increased the assets and we credited the sales revenue and sales tax payable as it increased the revenue and liabilities
