You receive a credit card application from Shady Banks Savings and Loan offering an introductory rate of .5 percent per year, compounded monthly for the first six months, increasing thereafter to 17.3 percent compounded monthly. Assume you transfer the $6,300 balance from your existing credit card and make no subsequent payments. How much interest will you owe at the end of the first year

Answers

Answer 1

Answer:

$738.39

Explanation:

Interest is compounded for first 6 months

Amount at the end of 6 months = $6,300 * (1+0.05/12)^6

Amount at the end of 6 months = $6,300 * 1.025262

Amount at the end of 6 months = $6,459.15

Therefore, 17.3%

Amount at the end of 12 months = $6,459.15*(1+0.173/12)^6

Amount at the end of 12 months = $6,459.15*1.0896782

Amount at the end of 12 months = $7,038.39

Interest owed = Amount owed - Principal

Interest owed = $7,038.39 - $6,300

Interest owed = $738.39


Related Questions

A store has two different coupons that customers can use. One coupon gives the customer $15 off their purchase, and the other coupon gives the customer 30% off of their purchase. Suppose they let a customer use both coupons and choose which coupon gets applied first. For this context, ignore sales tax.
Let f be the function that inputs a cost (in dollars) and outputs the cost after applying the "$15 off" coupon, and let g be the function that inputs a cost (in dollars) and outputs the cost after applying the "35% off" coupon.
a. Suppose acustomerwants to purchase asi 40 item and apply the si 5 of coupon first, and then the 35% or coupon How much will the item cost after applying the coupons?
b. Suppose a customer wants to purchase a S 140 item and apply the SI 5 off coupon first, and then the 35% or coupon Ure ction notation to represent how much the item will cost (dollars) after applying the coupons.
c. Suppose a customer wants to purchase a $140 item and apply the 35% om coupon first and then the sis of coupon How much will the item cost after applying the coupons?
d. Suppose a customer wants to purchase a S 140 item and apply the "35% or coupon first and then the "S 15 off coupon. Usefu ction notation to represent how much the item will cost (dollars) after applying the coupons.

Answers

Answer:

16.25;

g(f(x)) ;

76 ;

f(g(x))

Explanation:

For 15 off

f(x) = x - 15

For 35% off

g(x) = (1 - 0.35)x = 0.65x

g(x) = 0.65x

A.)

For the $15 off coupon :

f(x) = x - 15

f(x) 40 - 15 = 25

For the 35% coupon :

g(x) = (1-0.35)x

g(x) = 0.65(25)

g(x) = 16.25

B.)

Applying $15 off first, then 35%

Here, g is a function of f(x)

g(f(x))

Here g(x) takes in the result of f(x) ;

For the $140 off coupon :

f(x) = x - 15

f(140) = 140 - 15 = 125

For the 35% coupon :

g(125) = (1-0.35)x

g(124) = 0.65(125) = $81.25

C.)

x = 140

g(x) = 0.65x

g(140) = 0.65(140)

g(140) = 91

f(x) = x - 15

f(91) = 91 - 15

f(91) = 76

D.)

Here, F is a function of g(x)

f(g(x))

f(x) = (0.65*140) - 15

Which of the following conditions is characteristic of a monopolistically competitive firm in both the short-run and the long run?

a. P> MC
b. MC = ATC
c. P < MR
d. All of the above are correct.

Answers

Answer:

b or d

Explanation:

probably b but I am not sure tho sorry

The characteristic of a monopolistically competitive firm in both the short-run and the long run is P>MC.

The following information should be considered:

Monopolistically competitive firm has downward sloping demand curve and marginal revenue curve for monopolistically competitive firm should be below the demand curve. The firm maximizes it's profit where MR equivalent MC And charge price on the demand curve above in the case when MR equals MC. Therefore price >MR =MC.

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While the evidence suggests that over long periods of time that stocks will outperform bonds, individuals with a long-term investment horizon may still choose to invest in bonds. Is this rational behavior? Why or why not?

Answers

Answer:

Stocks and Bonds

Yes.  It is a rational behavior for individuals with a long-term investment horizon to choose to invest in bonds rather than investing in stocks despite the overwhelming "evidence that suggests that over long periods of time stocks still outperform bonds."

Rational behavior involves making rational choices that provide optimal levels of benefit or utility for the individual. People who make rational choices would rather choose bonds with lower risks and returns than stocks with higher risks and returns.

Explanation:

Every rational investor would prefer to reduce her risk exposure instead of increasing it.  Every investor is also aware that  investments with higher risks attract higher returns.  However, determining the certainty of the returns is difficult.

The income statement of Martinez Company is shown below. MARTINEZ COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020

Sales revenue $6,380,000
Cost of goods sold
Beginning inventory $2,080,000
Purchases 4,350,000
Goods available for sale 6,430,000
Ending inventory 1,460,000
Cost of goods sold 4,970,000
Gross profit 1,410,000
Operating expenses
Selling expenses 430,000
Administrative expenses 670,000 1,100,000
Net income $310,000

Additional information:
1. Accounts receivable decreased $300,000 during the year.
2. Prepaid expenses increased $150,000 during the year.
3. Accounts payable to suppliers of merchandise decreased $280,000 during the year.
4. Accrued expenses payable decreased $110,000 during the year.
5. Administrative expenses include depreciation expense of $70,000.

Required:
Prepare the operating activities section of the statement of cash flows for the year ended December 31, 2020, for Vince Gill Company, using the indirect method.

Answers

Answer:

                  Cash flow from operating activities  

Net income                                                                    $310,000

Adjustment to reconcile net income to

net cash provided by operating activities

Depreciation expense                           $70,000

Decrease in account receivable           $300,000

Decrease in inventory                            $620,000

Increase prepaid expense                    -$150,000

Decrease account payable                   -$280,000

Decrease accured expense payable   -$110,000        $450,000

Net cash outflow from operating activities                  $760,000

Slapshot Company makes ice hockey sticks. Last week, direct materials (wood, paint, Kevlar, and resin) costing $26,000 were put into production. Direct labor of $20,000 (10 workers x 100 hours x $20 per hour) was incurred. Manufacturing overhead equaled $52,000. By the end of the week, the company had manufactured 2,000 hockey stick. Explain how?

Answers

Answer:

Slapshot Company

The total production is $98,000 with a unit cost of $49 per hockey stick.

The selling price per unit should be above $49 when marked-up.

Explanation:

a) Data and Calculations:

Direct materials (wood, paint, Kevlar, and resin)        $26,000

Direct labor (10 workers x 100 hours x $20 per hour) 20,000

Manufacturing overhead equaled                                52,000

Total production costs =                                             $98,000

Production of hockey stick = 2,000 units

Unit cost of hockey stick = $49 ($98,000/2,000)

Consider the following argument from analogy. According our rules for appraising analogical reasoning, if a subsequent consideration strengthens the argument, answer a. Answer b if a consideration weakens the argument. Answer c if a consideration does not affect the argument.

Bill has taken three history courses and found them very stimulating and valuable. So he signs up for another one, confidently expecting that it too will be worthwhile.

25. Suppose that his previous history courses were in ancient history, modern European history, and American history.
26. Suppose that his previous history courses had all been taught by the same professor that is scheduled to teach the present one.
27. Suppose that his previous history courses all had been taught by Professor Smith, and the present one is taught by professor Jones.
28. Suppose that Bill had found his three previous history courses to be the most exciting intellectual experiences of his life.
29. Suppose that his previous history courses had all met at 9:00am, and the present one is scheduled to meet at 9:00am also.
30. Suppose that, in addition to the three history courses previously taken, Bill also had taken and enjoyed courses in anthropology, economics, political science, and sociology.

Answers

Answer:

Bill has taken three history courses and found them very stimulating and valuable. So he signs up for another one, confidently expecting that it too will be worthwhile.

25. Suppose that his previous history courses were in ancient history, modern European history, and American history.

Answer A

26. Suppose that his previous history courses had all been taught by the same professor that is scheduled to teach the present one.

Answer A

27. Suppose that his previous history courses all had been taught by Professor Smith, and the present one is taught by professor Jones.

Answer B

28. Suppose that Bill had found his three previous history courses to be the most exciting intellectual experiences of his life.

Answer A

29. Suppose that his previous history courses had all met at 9:00am, and the present one is scheduled to meet at 9:00am also.

Answer C

30. Suppose that, in addition to the three history courses previously taken, Bill also had taken and enjoyed courses in anthropology, economics, political science, and sociology.

Answer B

Explanation:

Magna Lighting Inc. produces and sells lighting fixtures. An entry light has a total cost of $125 per unit, of which $80 is product cost and $45 is selling and administrative expenses. In addition, the total cost of $125 is made up of $90 variable cost and $35 fixed cost. The desired profit is $55 per unit. Determine the markup percentage on product cost.

Answers

Answer:

The correct solution is "125%".

Explanation:

Given:

Desired profit,

= $55

Selling and administrative expenses,

= $45

Product cost,

= $80

Now,

The markup percentage will be:

= [tex]\frac{Desired \ profit+Selling \ and \ administrative \ expenses}{Product \ cost}\times 100[/tex]

By putting the values, we get

= [tex]\frac{55+45}{80}\times 100[/tex]

= [tex]\frac{100}{80}\times 100[/tex]

= [tex]125[/tex] (%)

125% is the markup percentage on product cost.

Markup

It is important to remember that markup is a term used to refer to the difference between the selling price of a product and cost.

Solution

Using the formula

Desired profit + Selling and administrative expenses/product cost X 100

Desired profit = $55Selling and administrative expenses = $45product cost = $80

55+45/80 = 1.25

1.25* 100= 125

= 125%

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Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of Supermix, one of the company’s products. The company is planning its raw materials needs for the third quarter, the quarter in which peak sales of Supermix occur. To keep production and sales moving smoothly, the company has the following inventory requirements: The finished goods inventory on hand at the end of each month must equal 2,000 units of Supermix plus 25% of the next month’s sales. The finished goods inventory on June 30 is budgeted to be 14,250 units. The raw materials inventory on hand at the end of each month must equal one-half of the following month’s production needs for raw materials. The raw materials inventory on June 30 is budgeted to be 75,375 cc of solvent H300. The company maintains no work in process inventories. A monthly sales budget for Supermix for the third and fourth quarters of the year follows. Budgeted Unit Sales July 49,000 August 54,000 September 64,000 October 44,000 November 34,000 December 24,000 Required: 1. Prepare a production budget for Supermix for the months July, August, September, and October. 3. Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for the quarter in total.

Answers

No it 5999999 no cap slat jhit

Suppose the stock of Host Hotels​ & Resorts is currently trading for per share. a. If Host issued a stock​ dividend, what would its new share price​ be? b. If Host does a​ 3:2 stock​ split, what would its new share price​ be?

Answers

Answer:

A. $16.67 per share

B. $13.33 per share

C. $60.00 per share

Explanation:

a. Calculation to determine what will its new share price be If Host issued a 20% stock dividend

Using this formula

New share price (stock dividend) = Old price / (1 + Stock dividend rate)

Let plug in the formula

New share price (stock dividend) =$20/(1+0.20)

New share price (stock dividend) =$20/1.20

New share price(stock dividend) =$16.67 per share

Therefore If Host issued a stock​ dividend, its new share price will be $16.67 per share

b. Calculation to determine what will its new share price be If Host does a 3:2 stock split

Using this formula

New share price=Old price/Stock split

Let plug in the formula

New share price=$20/(3/2)

New share price=$20/1.5

New share price= $13.33 per share

Therefore If Host does a 3:2 stock split its new share price will be $13.33 per share

c. Calculation to determine what will its new share price be If Host does a 1:3 reverse split

Using this formula

New share price=Old price/Reverse split

Let plug in the formula

New share price=$20/(1/3)

New share price=$20/0.33333

New share price= $60.00 per share

Therefore If Host does a 1:3 reverse split its new share price will be $60.00 per share

When a parent owns less than 100% of a subsidiary, the noncontrolling interest shareholders are allocated their ownership percentage of income or net assets in all of the following consolidating entries except for: Group of answer choices The basic investment account consolidation entry The excess value (differential) reclassification entry The accumulated depreciation consolidation entry The amortized excess value reclassification entry

Answers

Answer:

The accumulated depreciation consolidation entry

Explanation:

In the case when the parent company owns less than 100% of the subsidiary company so the non-controlled interest should be allocated in all the consolidation entries but for the accumulate depreciation it cant be allocated as it does not have any effect on the net income due to which there is no need to distribute the share to the non-controlling interest shareholders

Given the following information, what are the NZD/SGD currency against currency bid-ask quotations?

American Terms European Terms Bank Quotations Bid Ask
New Zealand dollar 0.7265 0.7272 1.3751 1.3765
Singapore dollar 0.6135 0.614 1.6287 1.63

Answers

Answer:

In American terms: 0.8436  ÷ 0.8451

In European Terms: 1.1832  ÷1.1853

Explanation:

the computation of the NZD/SGD currency against currency bid-ask quotations is shown below:

                               In american terms             In european terms

USD/NZD           0.7265 ÷ 0.7272               E/NZD  1.3751 ÷ 1.3765

USD/SGD           0.6135 ÷ 0.6140                 E/SGD  1.6287 ÷ 1.6300

NZD/SGD = (0.6135 ÷ 0.7272) ÷ (0.6140 ÷ 0.7265) = 0.8436 ÷ 0.8451

(1.6287 ÷ 1.3765) ÷ (1.6300 ÷ 1.3751) = 1.1832 ÷ 1.1853

6. Guillermo and Nora adopted a little boy in 2020 and incurred a total of $18,000 qualified adoption expenses. Their modified AGI is $220,000. What is the amount of adoption credit they can take

Answers

Answer:

Guillermo and Nora

The amount of adoption credit that they can take is limited to:

= $14,300 in 2020.

Explanation:

a) Data and Calculations:

Modified AGI of Guillermo and Nora = $220,000

Total amount of qualified adoption expenses incurred in 2020 = $18,000

Limit of adoption credit available to the couple in 2020 = $14,300

Lost adoption expenses = $3,700 ($18,000 - $14,300)

b) The couple will not be able to take adoption credit amounting to $3,700 because the amount they spent on adoption expenses exceeded the adoption credit limit for 2020.

In 2019, Perry, who is not otherwise involved in the gas station business, spends $53,000 investigating the acquisition of a gas station. All costs are ordinary and necessary. Perry decides not to acquire the gas station. What amount can Perry deduct in 2019 for the expenses incurred in investigating the acquisition of the gas station if Perry makes an election to accelerate his deductions as much as possible

Answers

Answer:

Perry and Investigation Expenses:

Perry can deduct the full $53,000.

He can also elect to capitalize the amount, assuming that he is acquiring the gas station, because, according to IRS, "general due-diligence and investigatory expenses incurred to decide whether to enter a new business, and which new business to enter, can be deducted/amortized under Sec. 195."

Explanation:

Facts as per scenario:

Perry is not involved in the gas station business.

Perry spends $53,000 investigating the acquisition of a gas station.

All costs are ordinary and necessary.

Perry does not acquire the gas station.

You have the following information regarding a bond that pays semi-annual coupon payments: Time to maturity is 12 years Coupon Rate is 6% The current price (PV) of the bond is $1,189.14 today. Compute the I/T Periodic rate on the bond that is required by the market. State as a percent without using the percent sign and round to the second decimal place. Hence, 23.628% would be written as 23.63 for the response to be correct.

Answers

Answer: 2%

Explanation:

As the coupon payments are semi-annual, you need to convert the other measures to semi-annual measures as well.

Coupon rate = 6%/2 = 3% per semi annum

Coupon payment = 3% * 1,000 which is par value = $30

Time to maturity = 12 * 2 = 24 semi annual periods

Price is still the same = $1,189.14

You can use an Excel worksheet to solve for the Yield:

Number of periods = 24

Payment = $30

PV = 1,189.14

FV is par value of $1,000

Periodic rate is 0.019999

= 2%

The Quorum Company has a prospective 6-year project that requires initial fixed assets costing $962,000, annual fixed costs of $403,400, variable costs per unit of $123.60, a sales price per unit of $249, a discount rate of 14 percent, and a tax rate of 21 percent. What is the present value break-even point in units per year

Answers

Answer:

5375

Explanation:

Given that:

Initial Fixed assets costing = $962000

Annual fixed costs = $403400

Variable cost per unit = $123.60

Sales price per unit = $249.00

Discount rate = 14%

Tax rate = 21%

The contribution per unit = Sales price - Variable cost

= $(249.00 - 123.60)

= $125.40

The present value break-even point(BEP) is the region of sales level where the net present value (NPV) equals zero.

Assuming that the sales level = p

i.e.

NPV = PV(of inflows - of outflows)

Inflows = (p * contribution per unit - annual fixed cost)( 1- tax rate) + depreciation * tax rate

= (p * 125.4 - 403400) ( 1 - 0.21) + depreciation * tax rate

where;

depreciation = initial fixed assest cost/ lifetime of the project

= (125.4p - 403400)*0.79 + (962000/6)*0.21

= (125.4p - 403400)*0.79 + (160333.33)*0.21

= (125.4p - 403400)*0.79 + 33670

Now, the PV of the inflows =PV factor(6 years, 14%) * inflows

[tex]= inflows * \dfrac{( 1-(1.14)^{-6})}{0.14}[/tex]

[tex]= inflows * 3.8887[/tex]

Replacing the value for inflows, we have:

[tex]=((125.4p - 403400)*0.79 + 33670)* 3.8887[/tex]

The PV of the outflows = Initial Fixed asset cost = $962000

Equating both together using:

PV(of inflows - of outflows) = 0

((125.4p - 403400)*0.79 + 33670)* 3.8887 - 962000 = 0

((125.4p - 403400)*0.79 + 33670)* 3.8887 =  962000

(99.066p - 318686 + 33670) * 3.8887 =  962000

(99.066p - 285016) * 3.8887 =  962000

385.24p - 1108341.72 = 962000

385.24p= 962000 + 1108341.72

385.24p= 2070341.72

p = 2070341.72 / 385.24

p ≅ 5375

If nominal GDP is $1,200 billion and, on average, each dollar is spent five times in the economy over a year, then the quantity of money demanded for transactions purposes will be?

Choices
1,200
6,000
600
240
960

Answers

Answer: 6000



Explanation:

Out of the choices provided above, it can be concluded to state that the quantity of money demanded for transactions will be $6,000 if the conditions given above with respect to the nominal GDP are satisfied in an economic situation. Therefore, the option B holds true.

What is the significance of nominal GDP?

The nominal GDP of an economy can be referred to or considered as the unit of measurement that is used to represent the final value of finished goods and services, where no adjustments for the prevailing inflation rates are taken into consideration.

The quantity of money demanded can be computed using the given nominal GDP's information as under,

Quantity of Money Demanded = Nominal GDP x Dollar Spending

Quantity of Money Demanded = 1200 × 5

Quantity of Money Demanded = $6,000

Therefore, the option B holds true and states regarding the significance of nominal GDP.

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Capital budgeting analysis not only requires the evaluation of cash flows but also requires the understanding of the origin of those cash flows. Based on your understanding of cash flows in a firm, complete and answer the following questions The present value of ___________ can be used to determine the basis of a firm's value. Ideally, capital budgeting analysis should take cash flows into account ___________
Understanding the nature of projects
Capital budgeting analysis often involves decisions related to expansion projects and/or replacement projects. Based on your understanding of expansion and replacement projects, complete the following:
If a clothing store opens a second retal location on the other side of town, this project would be considered__________ project.
What are sunk costs?
Acme Manufacturing owns a warehouse that it is not currently using. It could sell the warehouse for $300,000 or use the warehouse in a new project. Should Acme Manufacturing include the value of the warehouse as part of the in investment in the new project or treat the value of the warehouse as a sunk cost?
Yes, include the value of the warehouse as part of the initial investment in the new project
No, treat the value of the warehouse as a sunk cost
The role of externalities
A paper manufacturer has built a plant that meets all government-mandated environmental regulations, but the pl sant odor when it is being operated. Many residents in the area dislike the paper mill because of these unpleasant odors. This is an example of ________externality.

Answers

Answer:

Present Value of Cash Flows

Exactly when they occur

Expansion Project

Sunk cost is the cost which is already incurred and it is not affected by the decision to accept or reject the project.

Include the value of the warehouse as part of the initial investment in the new project.

Negative Externality

Explanation:

Present value of Cash flows is the discounted cash flows which shows the real worth of the money now which is to be received in future. Sunk costs are not part of the project as they are already incurred. These cost are not included in the calculations of the project cash flows. Negative externality is the undesirable impact due to production and manufacturing plants operations on the environment.

BR Company has a contribution margin of 18%. Sales are $423,000, net operating income is $76,140, and average operating assets are $131,000. What is the company's return on investment (ROI)

Answers

Answer:

58.12%

Explanation:

Return on investment = Net operating income / Average operating assets

Return on investment = $76,140 / $131,000

Return on investment = 0.5812214

Return on investment = 58.12%

So, the company's return on investment (ROI) is 58.12%.

Companies must disclose when they give products to online reviewers.

Question 15 options:
True
False

Answers

Answer:

True

Explanation:

In simple terms, whenever an individual works with brands to recommend or endorse a product you must disclose the partnership. You have to declare your relationship to the brand even if you are not being compensated.

Define organizational structures? And explain types of organizational structures?

Answers

Answer:

Four main types of structures of the organization are:

Functional  Divisional  Matrix  Flat

Explanation:

Functional Structure

This structure consists of employees performing similar tasks or specialties. For example, in the finance department, accountants are grouped and the same applies to marketing departments, operations, and human resources. This structure enables swift decision-making because the group members have similar skills, can communicate easily, and can also improve their ability by learning from each other.

Divisional Structure

This structure groups employees according to the products or projects that meet customer requirements of a certain type. For instance, a catering services restaurant could organize the employees by departments, e.g. weddings or wholesale retail departments, according to which they serve. Employees are split so that their performance is maximized.

Flat Structure

The traditional top-down management system is impeded by a flat organizational structure. There is no concept of the boss, every employee is the boss, which removes bureaucracy and improves direct contact. For example, an employee with an innovative idea or suggestion need not contact every level of senior management to give the person responsible for the idea. The staff can directly communicate on an individual basis.

Matrix Structure

A matrix structure has a complex story true as it combines elements from both the functional and the divisional models. It first divides employees according to their specialization, then further separates them into departments according to projects and products. To make this structure a lot of planning and efforts are required but one e achieved increases the productivity of the team, promotes innovation and creativity, and good decision making.

If capital rents for $25 per unit per hour, labor can be hired for $9 per unit per hour, the level of total factor productivity is normalized to 1, and the firm is minimizing costs.(a) Determine whether the production function exhibits diminishing marginal returns to each input.

Answers

Answer:

Following are the solution to the given question:

Explanation:

The decrease of a marginal input return implies that its input is increasing by one unit, thereby decreasing its marginal input product.

Function of production

[tex]F(K, L) = AK^{\frac{3}{4}} L^{\frac{3}{4}}[/tex]

Its capital products subject (MPK) is derived by differentiating the factor of production from K.

[tex]MPK = \frac{3}{4}\times AK^{\frac{3}{4}} - 1L^{\frac{3}{4}}\\\\MPK = \frac{3}{4}AK^{-\frac{1}{4}}L^{\frac{3}{4}}\\\\MPK = \frac{3}{4}\times A\times (\frac{L^{\frac{3}{4}}}{K^{\frac{1}{4}}})[/tex]

Note: When a value is changed from numerator to denominator, then the power symbol shifts between positive to negative.

Since k is in the denominator, K decreases [tex]\frac{3}{4}\times A\times (\frac{L^{\frac{3}{4}}}{K^{\frac{1}{4}}})[/tex], and therefore MPK is reduced.

There's hence a decreased effective return on capital again for production function.

Its marginal labor product (MPL) is determined by distinguishing the manufacturing function from L.

[tex]MPL = (\frac{3}{4})\times AK^{\frac{3}{4}}L^{\frac{3}{4}}-1\\\\MPL = (\frac{3}{4})AK^{\frac{3}{4}}L^{-\frac{1}{4}}\\\\MPL = (\frac{3}{4})\times A\times (\frac{K^{\frac{3}{4}}}{L^{\frac{3}{4}}})[/tex]

The denominator of L reduces L [tex](\frac{3}{4})\times A\times (\frac{K^{\frac{3}{4}}}{L^{\frac{3}{4}}})[/tex] and therefore reduces MPL.

So there is a decreasing marginal return to labor in the production function.

Read the following paragraph and respond to the questions below.
(1) Frequently, department managers and supervisors recruit applicants without working through our corporate human-resources office. (2) Our human-resources departments at all of our locations across the country have experienced this problem. (3) Recently, the manager of our tool-design department met with a recent industrial design graduate to discuss an opening for a tool designer. (4) The graduate was sent to the human-resources department, where she was told that no such position existed. (5) When the tool-design manager asked the director of human resources about the matter, the manager learned that the company president had ordered a hiring freeze for two months. (6) I’m sure that our general employment situation will get better. (7) As a result of the manager’s failure to work through proper channels, the applicant was not only disappointed but bitter.
a. Which number sentence is the topic sentence?
b. Which number sentence does not contribute to paragraph unity?
c. What is the writer providing in sentences 3 through 7 to help the reader understand his/her point?
d. Why is that helpful, or why is the message better by adding sentences 3 through 7?

Answers

Answer:

a. The number sentence that is the topic sentence is sentence (1).

b. Sentence (6) does not contribute to the paragraph's unity.  It can be eliminated, without changing the meaning that can be obtained from the paragraph.  It does not support the topic.

c. The writer, in sentences 3 through 7, provides an example and further details to help the reader to understand her point.

d. The example in a sentence makes the idea clearer to the reader.  Without the example, which provides further details, the reader may not clearly appreciate the topic under discussion.

Explanation:

The purpose of the topic sentence is to introduce the theme of the paragraph or the point of view of the writer.  It captures the essence of the story.  As it bears the central idea, it focuses the paragraph to achieve unity.

The US Federal System is the voting method for passing a bill into law. It involves 100 members of the Senate, 435 members of the House of Representatives, the vice president, and the president, for a total of 537 voters. For a bill to pass, it must have a majority in the House, a majority in the Senate, with the possibility of the vice president breaking a tie, and the signature of the President; or if the president opposes the bill, it must have a 2/3 super-majority in both the House and Senate to override the veto. Otherwise the bill is defeated. Think of this as a social choice function where the alternatives are A, to pass the bill, or B, to defeat the bill. Does the US federal system satisfy:

a. the anonymity criterion
b. the neutrality criterion
c. the monotonicity criterion
d. the decisiveness criterion

Answers

Answer:

correct answer is B nun else

In 2016, David Hay started his own business, Hays Gardening and Landscapes. David was previously an employer of another business/
a) What was the opportunity costs for David when he started his business?

A. Cost of marketing to attract customers.

B. Loss of earnings from employment

C. Payment of taxes on profits

D. Risk of business failure

ANSWER:

b) Explain why this answer is correct?

Answers

Answer:

B. Loss of earnings from employment

Explanation:

David's opportunity cost in this scenario would be the loss of earnings from employment. This is because is no longer employed, meaning that he no longer makes money from his employment due to him "choosing" to quit and start his own business. Therefore, that is the cost of him choosing another opportunity. The financial costs of marketing, taxes, and risk of business failure are all costs he may or may not incur from the chosen opportunity but are not the same as "opportunity costs" since they are costs that need to be met in order to continue this opportunity and not something that was given up in order to choose this opportunity.

A product sells for $30 per unit and has variable costs of $18 per unit. The fixed costs are $720,000. If the variable costs per unit were to decrease to $15 per unit, fixed costs increase to $900,000, and the selling price does not change, break-even point in units would:

Answers

Answer:

remain the same

Explanation:

Breakeven quantity are the number of  units produced and sold at which net income is zero

Breakeven quantity = fixed cost / price – variable cost per unit

Initial Breakeven quantity = $720,000 / ($30 - $18) = 60,000

New Breakeven quantity = $900,000 / ($30 - $15) = 60,000

Breakeven point remained the same

How dose the very small businesses finance

Answers

Answer:

Small Business Administration offers lenders, mostly traditional banks, a federal guarantee on your loan

Vertical analysis can best be described as a technique for analyzing the percentage change in individual financial statement line items from one accounting period to the next.

a. True
b. False

Answers

Answer:

False

Explanation:

Vertical analysis can be regarded as accounting tool which gives room for

proportional analysis of some documents. This document is usually

financial statements.In carrying out vertical analysis, all the item line that is on the financial statement is been recorded as percentage of another item. Instance of this is an income statement.

Tumbling Haven, a gymnastic equipment manufacturer, provided the following information to its accountant. The company had net fixed assets of $25 million, and other non-current assets of $2 million. The firm has current liabilities of $2 million, long-term debt of $10 million, common stock of $3 million, and retained earnings of $25 million. What amount of current assets did this firm have

Answers

Answer:

See below

Explanation:

Given the information above,

Total asset = Current asset + Net fixed assets + Other non current assets

= Current asset + $25m + $2m

= Current asset + $27m

= Long term debt + equity

= 10m + $3m + $25m

= $38m

Current liabilities = $2m

Since current liabilities = Total asset - (long-term debt + equity)

$2m = (current asset + $27m) - $38m

$2m = current asset + $27m - $38m

Current asset = $2m - $27m + $38m

Current asset = $13m

Open communication occurs best when:
a. people feel their opinions are valued.
b. people feel they will be rewarded, or at least not punished, for their opinions.
c. both a and b
d. neither a nor b

Answers

I think the answer is C.

Beckenworth had cost of goods sold of $10,521 million, ending inventory of $3,189 million, and average inventory of $2,075 million. Its days' sales in inventory equals: __________

Answers

Answer:

am i supposed to know

Explanation:

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