Answer:
Agree simply because a general partnership, and a sole proprietor, can relate in many ways.
Explanation:
It's simple work smart not hard.
So, if work ethic lives inside of us, just as with other values (e.g., pride, optimism), how does work ethic reveal itself in your behaviors? How is it demonstrated? How can you act it out?
Answer:
Explanation:
If you have a strong work ethic, you likely possess traits like dependability, respectfulness, responsibility, productivity and collaboration. For example, if you find work important and worthy of your best efforts, you will do things like show up for work on time and complete tasks by their due date. It can be demonstrated through your integrity. Show it through your actions, and by demonstrating you can get things done on time, and the right way, and while still respecting your co-workers.
a business owner hires somebody to burn their business in hopes of collecting insurance money. this type of arson is known as:
A business owner hires somebody to burn their business in hopes of collecting insurance money. this type of arson is known as Arson fraud.
What is Arson fraud? Property owners who intentionally set their own property on fire or otherwise cause damage to it do so in order to defraud their insurance providers.A felony can be brought against anyone who knowingly makes a false statement or misrepresents a significant fact in order to receive or reject any benefit or payment or to help another person receive or reject any benefit or payment.Details regarding the insured, the property, body shops, and healthcare providers on the claim may contain indications of insurance fraud.
To learn more about insurance refer,
https://brainly.com/question/10077318
#SPJ4
the average price of a gallon of gas in 2018 increased $0.30 (12.4 percent) from $2.42 in 2017 to $2.72 in 2018. required: 1. conduct a horizontal analysis by calculating the year-over-year changes in each line item, expressed in dollars and in percentages for the income statement of fawkes manufacturing for the year ended december 31, 2018 (amounts in billions). 2-a. conduct a vertical analysis by expressing each line as a percentage of total revenues. 2-b. excluding income tax and other operating costs, did fawkes earn more gross profit per dollar of revenue in 2018 compared to 2017?
2a). Required: vertical analysis by expressing each line as a percentage of total revenues
Percentage (%) = (Amount of line item ÷ Revenue) x 100
Costs of Purchased :2018 = ( $115 ÷ $201) x 100 = 57.21%
Costs of Purchased :2017 = ( $91 ÷ $170) x 100 = 53.53%
Gross Profit : 2018 = ( $86 ÷ $201) x 100 = 42.79%
Gross Profit : 2017 = ( $79 ÷ $170) x 100 = 46.47%
2b). As it is observed from Vertical Analysis Gross Profit earned in 2018, $86 is only 42.79% of Revenue and Gross Profit earned in 2017, $79 is 46.47% of Revenue. It means the gross profit of 42.79% per dollar of revenue in 2018 is less than as compared to 2017 gross profit of 46.47% per dollar of revenue.
In business and accounting, internet earnings (additionally general complete earnings, internet earnings, Net income, bottom line, sales income, or credit score income) is an entity's profits minus a fee of goods offered, expenses, depreciation and amortization, interest, and taxes for an accounting duration.
Its miles are computed as the residual of all revenues and profits much less all prices and losses for the duration and has additionally been described because of the net increase in shareholders' fairness that outcomes from an agency's operations. It is distinctive from gross earnings, which simplest deducts the cost of goods bought from revenue.
Internet profits are normally calculated according to annum, for each fiscal yr. The gadgets deducted will generally include tax rate, financing rate (hobby cost), and minority interest. Likewise, favored stock dividends can be subtracted too, though they're no longer a cost.
To learn more about Gross profit visit here:
brainly.com/question/18567528
#SPJ4
ella has recorded monthly expenses in her budget spreadsheet project. she needs to add all of the dollar amounts in the cell range of f4:f14 and then display the results in cell f16. what should ella do to perform this task?
Double-clicking the boundary of the column or row in Excel is the simplest technique to auto-fit: By hovering the mouse pointer over the right border of the column heading until the double-headed arrow appears and then double-clicking the border, you can autofit one column.
How to AutoFit in Excel?Without having to manually adjust the column width and row height, Excel's AutoFit feature is intended to automatically resize cells in a worksheet to fit various data sizes.The column width is adjusted by the autofit feature to accommodate the greatest value in the column.The column width is adjusted by the AutoFit Row Height option to match the largest number in the row. With this choice, the row is expanded vertically to accommodate text that is particularly tall or multi-lined.Because Microsoft Excel automatically adjusts row height based on the height of the text you input in a cell, unlike other spreadsheet programs, you won't need to auto fit rows as frequently as columns.Row heights might not automatically adjust, though, if you're exporting or copying data from another source.To Learn more About auto-fit refer to:
https://brainly.com/question/29398801
#SPJ4
pablo invests 4000 usd in an account that offers 4% simple interest per year. after 12 years, how much is his investment worth in usd?
The amount Pablo has after 12 years is $5920
Simple interestSimple interest is a quick and simple formula for figuring out how much interest will be charged on a loan. The daily interest rate, the principle, and the number of days between payments are multiplied to calculate simple interest.
Plain Interest = P x I x N
where,
P=principle
L = Daily interest rate
N = Days between payments
Explanation:
Given,
Annual interest rate = 4%
Interest in one year =[tex]\frac{4}{100}[/tex] x 4000
= 160
Interest in 12 years = 160 x 12
= 1920
Therefore the amount Pablo will have in 12 years is $5920
To learn more simple investments visit here:
https://brainly.com/question/2550343
#SPJ4
HDMI cables connect a monitor to a computer. What was it called in workplaces that is now an outdated term?
An HDMI-compliant source device can send uncompressed video data and compressed or uncompressed digital audio data using the High-Definition Multimedia Interface (HDMI), a proprietary audio/video interface.
What is Multimedia?Multimedia refers to many media since "multi" denotes many and "media" refers to media. Multimedia refers to the blending of several media, such as sound, text, graphics, animation, or video. Virtually all instructional software and many video games contain multimedia.
Videos, photos, and audio are all examples of multimedia material. Because people no longer want to consume material solely in written form, which takes us to the most crucial lesson in digital marketing.
The term "multimedia" is used when integrating several media in art as well, but it is more frequently employed there, such as in television-based performances and installations.
Learn more about Multimedia, here
https://brainly.com/question/9774236
#SPJ1
a market consists of ten similar suppliers that are making the same supply decisions. to find the market supply of these ten suppliers, you:
Ten comparable vendors are participating in the market and submitting identical bids. Multiplying his one particular offer of the provider by 10 will give you the market his offer of these 10 suppliers will serve.
The market is made up of a large number of buyers and sellers who deal in certain commodities like wheat, copper, and financial equities. The price of the current market cannot be greatly influenced by a single buyer or seller. Instead of having a single market price, there are multiple buyers and sellers trading at different prices.
Market supply and demand. A market is a place where buyers and sellers can come together to exchange goods and services . A marketplace might be actual, like a physical retailer, or digital, like an online retailer. Other instances
Learn more about market consists here:
brainly.com/question/25640993
#SPJ4
The correct question is :
a market consists of ten similar suppliers that are making the same supply decisions. to find the market supply of these ten suppliers, you: find the average quantity produced by the ten suppliers. take the individual supply of one supplier. take one-tenth of the individual supply of each supplier and add it up. multiply the individual supply of one of the suppliers by ten.
You switch the positions of two items on your menu. Chicken tenders sales drop from $800 to $600. Food cost for chicken tenders is 25%. Cheeseburger sales rise from $500 to $700. Food cost for cheeseburgers is 20%. Was this a good move?.
Answer: a) Yes, gross margin increased
Explanation:
a union contract stipulation that an employer will not resist unions attempting to become established elsewhere in the company is called a(n) provision.
A union contract stipulation that an employer will not resist unions attempting to become established elsewhere in the company is called a neutrality provision.
What are the neutrality provision?The law of neutrality can be described as the body of rules as well as principles which help in the process of regulating the legal relations of neutrality.
It should be noted that the law of neutrality obliges neutral States so as to be able to bring the ncecessary treatment on all belligerent States impartially and to draw back from the provision of the military as well as the assistance to belligerents.
Learn more about contract at:
https://brainly.com/question/5746834
#SPJ1
Malcolm said that he has no choice but to go ahead with the website changes. This suggests his power is lessened due to a low level of.
Malcolm said that he has no choice but to go ahead with the website changes. This suggests his power is lessened due to a low level visibility.
Visibility is a measure of the distance at which an object or light can be clearly seen. In meteorology, it depends on the clarity of the surrounding air, so it does not change regardless of ambient brightness or time of day.
Why is visibility important?It helps you introduce yourself to a wider audience. Build brand awareness so people know who you are and how you support them. Establish your credibility and expertise.
What is visibility restriction?Reduced visibility significantly reduces visibility (from the driver's seat) at distances where objects and lights are clearly visible. Reasons for poor visibility can be tall buildings, large trucks on the road, trees, curves and other objects on the road that limit the driver's view
Learn more about visibility :
brainly.com/question/2516524
#SPJ1
If a business decides to act outside of the prevailing ethical norms of that community.
The area of ethics that Ingrid's opinions reflect is normative ethics. if a business chooses to act contrary to the recognized ethical standards in the community.
What is Normative ethics?The field of moral philosophy described as normative ethics is focused with rules for what is morally right and wrong. It comprises the formation of moral rules that directly impact the correct behavior of individuals, communities, and societal institutions. It is frequently contrasted with applied ethics, or the implementation of normative ethics to practical issues, and theoretical ethics, or basic level, which is interested in the nature rather than the substance of ethical theories and moral judgements.
Normative ethics is the discipline of philosophical ethics that looks at issues relating to how one should behave morally. It is the study of ethical behavior.
To know more about Normative ethics, visit:
https://brainly.com/question/29707640
#SPJ1
companies such as ebay and hotel that sell products and services directly to final buyers exclusively over the internet are known as
companies such as eBay and hotels that sell products and services directly to final buyers exclusively over the internet are known as e-tailers.
e-tailersE-commerce refers to the process of selling retail products through the internet. It promotes the idea of a business-to-business (B to B) transaction. With the emergence of a wide selection of e-tailing solutions, it has been much easier for online company experts to run their businesses in the most advantageous way.
To know more about e-tailers visit the link
https://brainly.com/question/16901516
#SPJ4
which of the following would constitute depreciation, as economists use the term? a. using some of your savings to buy a car b. a gm shareholder selling some of her stock c. inventories of firms decreasing due to an increase in sales d. a tax accountant s knowledge of the tax code becoming outdated as new tax laws are passed
Inventory levels rise if production exceeds sales and falls if sales exceed production.
How do sales affect inventory?Normally, the size of a company's inventory fluctuates with its sales. “It is expected that inventories will increase proportionately to increases in sales, but when sales decrease, inventories should also adjust downward,” adds Dany Couillard, Director, Business Restructuring, BDC.Reduced inventory allows you to adapt and adjust to rapid market and industry changes, like short product lifecycles. Reduced inventory saves your business carrying costs, storage costs, and transportation costs between warehouse facilities.Your inventory value can also increase if the supply of your product in the market decreases while demand remains relatively steady. Commodities are one example; if you have a warehouse full of coffee and weather ruins the coffee crop, the value of your inventory will increase with the market price.
To learn more about economists refer to:
https://brainly.com/question/13866712
#SPJ4
an amount of is borrowed for years at interest, compounded annually. if the loan is paid in full at the end of that period, how much must be paid back? use the calculator provided and round your answer to the nearest dollar.
A = P(1 + r/n)^(nt)
A = 36000(1 + .08)^6
A= 57,127.48
What is compound?Compound, to savers and investors, means the ability of a sum of money to grow exponentially over time by the repeated addition of earnings to the principal invested. Each round of earnings adds to the principal that yields the next round of earnings. In savings accounts, this is called compound interest.By contrast, simple interest does not reflect compounding. The interest is paid on the original balance only, not the original balance plus its previous earnings.Financial experts advise individuals to start saving early as the benefits of time with compounding greatly increases returns.Simple interest is paid only on the original amount invested, growing more slowly over time.To learn more about simple interest refer to:
https://brainly.com/question/25845758
#SPJ4
in an interprofessional team, what do teammates need to understand to have a shared vision? (select all that apply.
Having agreement on the outcome is foundational to the team having a shared vision. There must be agreement on the outcome to gain agreement on potential challenges.
Explain in detail.
Mutual respect and trust, shared goals, decision-making processes involving all team members, roles and duties that are clear, and a willingness to work together are likely to be crucial components of an interprofessional team that functions well.Interprofessional collaboration happens when two or more professions work together to accomplish shared objectives and is frequently utilized as a method of resolving a wide range of challenges.The capacity and willingness of an interprofessional dream team's members to listen was one of the most frequently noted qualities. In connection with that, nurses emphasized the value of empathy and compassion, which go beyond simple caregiver listening.To know more about Interpersonal communication here
https://brainly.com/question/12243302
#SPJ4
according to the article, front porches represent a time and place where private interests could be weighed against public interests in a relaxed atmosphere where formal relationships and the stress of busyness were absent. A. True or B. False
A. True
The front porch idea allows the managers to take their social, charitable, and financial obligations seriously.
It will enable them to collaborate in order to achieve the highest standards based on the engagement principles and input from the people they serve.
They put themselves through a test, evaluate their results, acknowledge their triumphs, and take corrective action if necessary.
Everyone is able to see how well they are reaching their vision thanks to their accountability method. And establishing a unified culture is the first step.
Additionally, it aids students in upholding moral principles including respecting other people's choices, embracing ideas about people with different abilities, whole-person wellbeing, and cultivating an environment of kindness.
-So, from above context, given statement is true to the context.
To know more follow link:
https://brainly.com/question/27670681
#SPJ4
alayna purchases a laptop for $290. sales tax is 8.75% in orange county. how much sales tax does she pay? (hint: round money to the nearest cent!)
Alayna purchases a laptop for $290. sales tax is 8.75% in orange county. much sales tax does she pay: $25.375, 2088.87
Definition: A purchase means to take possession of a given asset, belongings, item, or right via paying a predetermined amount of money for the transaction to be completed effectively. In different phrases, it's an exchange of cash for a selected appropriate carrier.
And you have to use "purchase" when you need a noun shape, as in You made a clever buy whilst you got gas before the rate went up. In summary, attempt to use "buy" for simple actions, and "buy" for more formal exchanges of cash for items.
Instance:-
Stationery purchased by means of a stationer is called “Purchases”cloth bought by means of a fabric merchant is known as “buy”Cement bought by using a cement dealer is called “Purchases”Learn more about Purchases here:
https://brainly.com/question/27975123
#SPJ4
if the domestic price in canada is $0.75 and the domestic price in the united states is $1.00, what will canadian companies do?
If the domestic price ,produce more than what Canadians will purchase and export the extra to the US.
How is the domestic price ratio calculated?The domestic resource cost ratio (DRC), which is expressed as a percentage, measures how much a project's domestic net inputs cost relative to its traded net outputs. A DRC value below (above) one is thought to signify the existence of net benefits (negative).
What is considered a trade?Trade refers to the willingly exchange of goods or services between economic actors. Because exchanges are voluntary, trade is frequently viewed as being advantageous to both parties. Trading in the financial sector refers to the buying and selling of securities or other assets.
To know more about domestic price visit:
https://brainly.com/question/29763716
#SPJ4
An investor purchased a mutual fund through his broker. The broker charged him a fee of 3. 75% of the amount of the fund. Which type of fee has the broker charged?.
An investor purchased a mutual fund through his broker. The broker charged him a fee of 3. 75% of the amount of the fund. The front end load is the fee charged.
What is mutual funds fee?A front-end load is a commission or sales fee that is imposed at the moment an investment is first purchased. The phrase is most frequently used in reference to mutual fund investments, although it can also refer to annuities or insurance contracts.
The fee imposed by a certain mutual fund scheme to manage the investments on behalf of the investor is known as the total expense ratio (TER), which refers to all costs associated with managing mutual funds as a whole.
Read more on mutual funds here https://brainly.com/question/4521829
#SPJ1
an insured who has policies with several companies covering the same insurable interest has multiple insurance coverage. true false
The aforementioned statement is true if an insured has numerous insurance policies covering the same insurance policy.
A Top 100 firm is what?The Fortune 100 is a ranking of the top 100 American businesses in the Top 500, a ranking of the 500 biggest publicly and privately owned companies in the nation that is published by Fortune global 500 list. Ranking both public and private businesses that submit annual income numbers to a government agency, Fortune compiles the list.
What business has ever been the richest?But really the Dutch East Asia Company was the most lucrative business ever (VOC). Howmuch.net claims that in 1637, its value soared to an astounding $8.28 trillion.
To know more about company visit:
https://brainly.com/question/29772643
#SPJ4
money is a(n): a. intrinsic motivator. b. internal motivator. c. extrinsic motivator. d. primary reinforcer.
Money is a extrinsic motivator. Hence option (c) is the answer.
Who claimed that money is a motivator?The first of several business-related theories of motivation was Taylor's theory. The money as a motivator hypothesis might also be used to describe Taylor's theory of Scientific Management. It was among the first theories of workplace motivation. Extrinsic motivation refers to the use of incentives or prizes to spur individuals to engage in particular behaviors.
In contrast to intrinsic motivation, this type of motivation is driven by outside forces. Extrinsic motivation includes things like receiving compensation for work. Since it can be utilized to successfully motivate practically everyone, money is typically seen as a strong extrinsic positive motivator.
To learn more about Taylor's theory of Scientific Management, visit:
https://brainly.com/question/29387367
#SPJ1
You had a job offer from two companies, company a and company b. company a, with 28,000 employees, offers a starting salary of $45,000 and a raise of $1,000 every year. company b, with 10,500 employees, offers a starting salary of $40,000 and a raise of 3% every year.
a. After how many years would Janine's salary be the same with both companies?
b. What would that salary be?
The equation in mathematics is used to help you solve the problem. With equations, you can solve problems easily. Equation, in mathematics, is the form of the values that you want to find.
Assume the number of years be y
Then, the equation will be:
Company A = $45,000 + ($1,000 × y)
Company A = $45,000 + $1,000y
Company B = $40,000 + ($1,200 × y)
Company B = $40,000 + $1,200y
Collect them to become one equation:
$45,000 + $1,000y = $40,000 + $1,200y
Collect like terms
$45,000 - $40,000 = $1,200y- $1,000y
5000y = 200
y = 5000/200
y = 25.
The number of years will be 25 years
b. The salary will be:
= $45,000 + $1,000y
= $45,000 + $1,000 (25)
= $45,000 + $25,000y
= $70,000
The salary is $70,000
Learn more about equation here, https://brainly.com/question/971537
#SPJ4
A company's _____ is the large-scale action plan that encompasses the company's vision and is used to create the direction for the business.
A. structure
B. strategy
C. forecast
D. culture
A company's strategy is the large-scale action plan that encompasses the company's vision and is used to create the direction for the business.
Option B is correct.
Company strategy:A strategy is a long-term plan that a business creates to achieve its desired future state. Your strategy includes your company goals, the type of product/service you want to develop, the customers you want to sell to, and the markets you want to serve profitably.
What is Good Corporate Strategy?A successful business strategy begins by formalizing a plan on the three core elements that follow.Business goals, target groups and strategic management. Use these six action items to start crafting an effective business strategy that aligns with your organization's goals.
Learn more about company's strategy:
brainly.com/question/8192142
#SPJ4
pangbourne whitchurch has preferred stock outstanding. the stock pays a dividend of $5 per share, and sells for $25. the corporate tax rate is 21%. what is the percentage cost of the preferred stock? (enter your answer as a whole percent.)
At 2% has been the cost of the preferred stock so when corporate tax rate is 21%.
What do you means by stock?Company ownership records are also known as stocks in most contexts. Every property certificate of a particular firm is referred to by the term "share," on the other hand. One are regarded as a shareholder if you own shares in a specific company. Common and popular stocks are the two categories. In fact, buying the stock is an investment in a publicly listed business. Normal company either preferred shares are the two major types of stock that are usually issued when a corporation sells shares of stock.
Briefing:Although overall average numbers should be used for calculations, some of the figures below may display slightly rounded for display purposes.
r Preferred = DIV / P0
= $5 / $25
= 0.2, or 2%
To know more about stock visit:
brainly.com/question/29992015
#SPJ4
at the start of the current year, sbc corporation purchased 30% of sky tech incorporated for $45 million. at the time of purchase, the carrying value of sky tech's net assets was $75 million. the fair value of sky tech's depreciable assets was $15 million in excess of their book value. for this year, sky tech reported a net income of $75 million and declared and paid $15 million in dividends. the amount of purchased goodwill is:
The amount of the purchased goodwill is $4,500,000.
What is a goodwill?When ownership of a business is transferred as a continuing concern, goodwill is a recognized intangible asset in accounting. It stands for the intrinsic worth of a company's capacity to keep customers as clients when that value cannot otherwise be attributed to elements like brand awareness, contractual obligations, or other particulars. Goodwill cannot be developed by oneself; it can only be acknowledged through an acquisition. Since it cannot be seen or touched, it is categorized as an intangible asset on the balance sheet. Since goodwill is seen as having an infinite useful life, it is never depreciated under US GAAP and IFRS. Instead, it is up to management to assess goodwill annually and decide if an impairment is necessary.
Fair value exceed book value 15,000,000
SBC proportion of Sky Tech 30%
Amount of purchased goodwill 4,500,000
To learn more about goodwill, visit:
https://brainly.com/question/22428604
#SPJ4
additional data obtained from the income statement and from an examination of the accounts in the ledger for 20y8 are as follows: a. net income, $250,000. b. depreciation reported on the income statement, $135,000. c. equipment was purchased at a cost of $420,000 and fully depreciated equipment costing $90,000 was discarded, with no salvage realized. d. the mortgage note payable was not due for six years, but the terms permitted earlier payment without penalty. e. 30,000 shares of common stock were issued at $20 for cash. f. cash dividends declared and paid, $45,000.
For the Year Ended December 31,20Y8
Cash flows from operating activities:
Net income 250000
Adjustments to reconcile net income to net cash flow from operating activities:
Depreciation 135000
Changes in current operating assets and liabilities:
Decrease in accounts receivable 20000
Increase in inventories -70000
Increase in Prepaid expenses -10000
Increase in accounts payable 25000
Net cash flow from operating activities 350000
Cash flows from investing activities:
Cash paid for equipment -420000
Net cash flow used for investing activities -420000
Cash flows from financing activities:
Cash received from the sale of common stock of 600000
Cash paid for dividends -45000
Cash paid to retire mortgage note payable -500000
Net cash flow used for financing activities 55000
Net decrease in cash -15000
Cash balance, January 1,20Y8 110000
Cash balance, December 31,20Y8 95000
In accountancy, depreciation is a term that refers to two aspects of the identical concept: first, the actual lower honest cost of an asset, including the lower price of the factory device every 12 months as it is used and put on, and 2nd, the allocation in accounting statements of the original price of the property to intervals.
Strategies of computing depreciation, and the durations over which properties are depreciated, can also range among asset sorts within the same business and may vary for tax functions. these may be certain through regulation or accounting standards, which may additionally range by USA. There are several fashionable methods of computing depreciation price, which include constant percentage, direct line, and declining balance strategies. The depreciation fee typically starts offevolved while the asset is placed in the provider.
To learn more about Depreciation visit here:
brainly.com/question/15085226
#SPJ4
a. suppose there is a negative demand shock, and demand unexpectedly falls from a medium level of demand to a low level of demand. assuming fixed prices, what will happen to the firm's inventory of computers?
The company’s inventory will rise by 200 PCs per week happen to the firm’s inventory of computers
• The company's inventory will remain unchanged.
• The company's inventory will be reduced by 150 PCs every week.
• The company's inventory will grow by 250 PCs every week.
• The firm's inventory will grow by 200 percent.
What happens to the businesses inventory of computers if there is a negative demand shock and prices are inflexible?Assume that in the short run, prices are sticky. Which of the following best reflects the economy’s response to a negative demand shock? Firms’ stockpiles will rise, forcing them to reduce output. In the end, real GDP will fall and unemployment will rise.
To learn more about firm's inventory of computers Refer: https://brainly.com/question/14783875
#SPJ4
the ghirardi company's fixed-asset turnover ratio was 5.0 and average fixed assets employed during the year were $2,040,000. ghirardi's net sales for the year were:
The Ghirardi company's fixed-asset turnover ratio was 5.0 and the average fixed assets employed during the year were $2,040,000. Ghirardi's net sales for the year were:Ghirardi's net sales
What are Ghirardi's net sales?Generally, To calculate Ghirardi's net sales for the year, you can use the following formula:
Net Sales = Fixed-Asset Turnover Ratio * Average Fixed Assets Employed
Plugging in the given values, we get:
Net Sales = 5.0 * $2,040,000 = $10,200,000
So, Ghirardi's net sales for the year were $10,200,000.
Read more about net sales
https://brainly.com/question/17244311
#SPJ1
is the president and congress currently running expansionary fiscal policy or contractionary fiscal policy?
Since 2009, the American government has pursued a policy of expansion. The Great Recession, which began in December 2007 and lasted until June 2009, prompted the expansionary strategy, which was mostly implemented in reaction.
What is fiscal policy?Government spending and taxation are used in fiscal policy to gradually alter the course of the economy. Automatic stabilizers are an example of a passive fiscal policy since once the system is in place, Congress is not required to take any more action. On the other hand, discretionary fiscal policy is an active fiscal strategy that employs expansionary or contractionary actions to hasten or hasten the pace of the economy.
To know more about fiscal policy visit:
https://brainly.com/question/27250647
#SPJ4
sheridan company purchased merchandise with an invoice price of 2400 and credit terms of 2/10, n/20. assuming a 360-day year what is the implied annual interest rate inherent
36% is the implicit yearly interest rate.By dividing the forward price by the spot price, one may determine the implied rate.
How would you determine the implicit yearly interest rate?By dividing the forward price by the spot price, one may determine the implied rate. Increase that ratio by the square of the number of days left until the forward contract expires, divided by one. Next, take away 1.
Explanation:
If payment is made no later than 10 days following the sale, the business saves $100 (i.e., $1000 x 10%). The business also has a 30-day payment deadline following the transaction.
Therefore, if payment is made 20 days prior to the final due date, the corporation will save $48.
Employ the interest formula: Interest is calculated as follows: Principal x Interest Rate x Time
$2400 x Interest Rate x (30-10)/360 x $48 x Interest Rate = [360/(30-10)] x $2400
Interest Rate equals [18] times 0.02 Interest Rate equals 0.36 36% equals 0.36 times 100.
To learn more about Implicit yearly interest rate refer to:
https://brainly.com/question/20540675
#SPJ4