Keynes supported governmental intervention in times of economic upheaval. He argued in "General Theory" that economies are intrinsically unstable and that public spending and policy must be increased in order to achieve full employment.
What should the government do, according to Keynes, to support the economy?In the long term, we are all going to die, as he put it, so governments should deal with problems now rather than waiting for the market to fix them afterwards. Keynesians oppose making frequent changes to policy to maintain full employment.
Which school of thought in economics claims that the only way to increase economic growth is to reduce rules and taxes?The supply side philosophy contends that the government should focus on increasing economic output by reducing taxes and regulations rather than trying to regulate the economy by controlling wages and prices. In the end, it considers market mechanisms to be the best means of ensuring everyone's prosperity.
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Answer:
Adam Smith
Explanation:
As a supporter of Smith's theories you are most likely to feel the government should not drastically change its policies when faced with an economic crisis and that, eventually, the problems will resolve themselves through market forces (supply and demand).
Which of the following dimensions of e-commerce technology involves engaging consumers in a dialog that dynamically adjusts the experience to the individual?
A) Ubiquity
B) Personalization/customization
C) Richness
D) Interactivity
E) Information density
Interactivity dimension of e-commerce technology involves engaging consumers in a dialog that dynamically adjusts the experience to the individual.
Ecommerce: What is it?E-commerce, sometimes referred to as electronic commerce or internet commerce, is the term used to describe the exchange of data and money in order to carry out transactions involving the buying and selling of goods or services through the internet.
Give an example of what e-commerce is.E-commerce is typically defined as a commercial transaction that takes place online. Examples of e-commerce websites include Amazon, Flipkart, Shopify, and Myntra. Global retail e-commerce by 2020 may total $27 trillion.
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an example of an interface icon metaphor for listing all the items ordered is
a. shopping cart
b. storyboarding
c. content awareness
d. tape receipt
e. checkbook
Shopping cart is an illustration of an interface icon metaphor for listing all the things ordered.
User interface icons are visual representations of a functionality, concept, specific object, or the application itself. A lock icon, for instance, may indicate that it will activate and lock a certain function of an application by striking a striking likeness to the actual thing. In computing and digital design, icons are pictograms or ideograms that are used in web or mobile interfaces to enhance usability and guarantee a seamless flow of human-computer interaction. Continuing our examination of icons' advantages, one of the most important benefits is the ability to replace text. Because they are visual indicators, computer icons help users identify what they need or want quickly and easily. They are more enjoyable to use than text since they employ icons.
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Shopping cart is an illustration of an interface icon metaphor for listing all the things ordered.
User interface icons are visual representations of a functionality, concept, specific object, or the application itself. A lock icon, for instance, may indicate that it will activate and lock a certain function of an application by striking a striking likeness to the actual thing. In computing and digital design, icons are pictograms or ideograms that are used in web or mobile interfaces to enhance usability and guarantee a seamless flow of human-computer interaction. Continuing our examination of icons' advantages, one of the most important benefits is the ability to replace text. Because they are visual indicators, computer icons help users identify what they need or want quickly and easily. They are more enjoyable to use than text since they employ icons.
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boca corporation, a u.s. corporation, reported u.s. taxable income of $1,000,000 in the current year. boca also received a dividend of $100,000 from the corporation's 100 percent owned subsidiary in italy. the dividend qualifies for the 100 percent dividends received deduction. the italian government imposed a withholding tax of $5,000 on the dividend. compute boca corporation's net u.s. tax liability for the current year.
Boca corporation's net u.s. tax liability for the current year is $210000
What is Tax Liability?The total amount of taxes that a person, business, or other entity owes to the government is known as their tax liability. Tax responsibilities include things like capital gains tax, income tax, and sales tax. Governments at all levels, including the federal, state, and municipal levels, levy taxes.
The amount of money you owe to the government in the form of taxes is known as your tax liability. It is the whole amount of tax that you owe the government. Any individual's or organization's compensation that is utilized to calculate tax liabilities is referred to as taxable income.
Given:
Tax on US Taxable Income 1000000 × 21% 210000
Tax on Foreign dividends (tax free due to 100% foreign subsidiary) 0
Foreign tax credit (No credit, because dividend is exempt) 0
Corporation's net US tax liability for 2018 210000
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An entrepreneur must be able to ___________, if his income statement does not match the industry average?
A) remove any information that deviates from the average
B) adjust and refine your metrics accordingly
C) understand and explain the differences
D) change the metrics to more appropriate ones
E) rewrite your projections from scratch
An entrepreneur must be able to understand and explain the differences, if his income statement does not match the industry average .
An income statement is a financial statement that lists the revenue and expenses of the firm. Additionally, it displays a company's profit or loss over a specific time frame. You may better comprehend your company's financial situation by comparing the income statement to the balance sheet, cash flow statement, and cash flow forecast.
The cash flow statement is likely the most significant financial report for a small firm. This report effectively shows whether or not the company is making money.
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the money multiplier process also works in reverse when a loan is repaid since fewer checkable funds are then available to generate excess reserves.
It is true that the money multiplier process also works in reverse when loan is repaid since fewer checkable funds are then available to generate the excess reserves.
What is a money multiplier?A money multiplier is one of several closely related ratios of commercial bank money to central bank money in a fractional-reserve banking system, according to monetary economics. The entire number of loans that commercial banks are permitted to extend is equal to a multiple of the amount of reserves in a fractional-reserve banking system with legal reserve requirements. This multiplier, which is an economic multiplier, is the reciprocal of the reserve ratio minus one. Because some funds are kept as currency by non-bank public, actual ratio of money to central bank money, often known as money multiplier, is lower. Despite being a common representation of fractional-reserve banking, the money multiplier notion has come under fire for being inaccurate.
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______is the fundamental mechanism that generates technological progress in "Schumpeter's Endogenous" growth model is taken from marx's circuit of capital.
Economic growth s the fundamental mechanism that generates technological progress in "Schumpeter's Endogenous" growth model is taken from marx's circuit of capital.
The endogenous growth theory contends that internal variables, as opposed to external ones, ultimately drive economic expansion. It argues that increased investment in human capital by both public and private entities, as well as speedier innovation, are directly related to gains in productivity. The Schumpeterian growth paradigm is supported by the three ideas listed below: Innovations are what fuel long-term growth, according to the following three axioms: A new invention replaces an old one, B innovations result from business investments driven by the prospect of monopoly rents, and C innovations promote long-term growth.Learn more about Schumpeterian growth paradigm: brainly.com/question/15175622
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A Texas household receives a Social Security check for $1500, which it uses to purchase a $40 pairof shoes made in Thailand by a Thai firm, a $1240 television made by a Korean firm in Korea, and$220 on groceries from a local store. As a result, U.S. GDPa. increases by $40.b. increases by $220.c. increases by $280.d. increases by $1500.
The correct answer is (c) Increases by $220. In social science, the term value is associated end-value of all the ultimate merchandise services that a nation produces in an accounting year or comparison with the previous year.
GDP is outlined because the current price of all final product and services created during a nation during a year. GDP measures the price of ultimate product and services—that is, those who area unit bought by the ultimate user—produced during a country during a given amount of your time (say 1 / 4 or a year). It counts all of the output generated among the borders of a rustic.
Economists don't issue intermediate product once they calculate gross domestic product (GDP). value may be a activity of the value of all final product and services created within the economy.
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Orange and Billsung both produce smartphones and are considering increasing the rates on their data plans. Assume that each firm has complete knowledge of the other's payoff for a given decision. The payoff matrix represents the payoffs to each firm, where Orange values are in bold and Billsung values are in italics. The decision tree assumes Billsung chooses its strategy first. Use this information to complete the statement. Increase rates Increase rates $40 million $40 million $45 million $35 million Keep current rates $35 million $45 million $25 million $25 million Keep current rates Increase rates Billsung $40 million Orange $40 million Increase rates Keep current rates Billsung $35 million Orange $45 million Increase rates Billsung $45 million Orange $35 million Van rant ratas Increase rates Billsung $40 million Orange $40 million Increase rates Keep current rates Billsung $35 million Orange $45 million Increase rates Billsung $45 million Orange $35 million Keep current rates Keep current rates Billsung $25 million Orange $25 million Billsung will choose to increase rates and Orange will increase rates. 7 keep current rates. keep current rates increase rates. increase rates 7.
Bill Sung will decide to preserve the present rate, while Orange will opt to raise the rate, in accordance with the supplied statement.
What do statistics call rates?Last but not least, a rate is an more broad measurement that involves dividing two values, neither of which must use the same measure unit. It is capable of being equal to just about any value, including a negative one. It can even be expressed as both an integer or a percentage, much like proportions.
Briefing:(i). Bill sung → increase rate → orange → increase rate (40m, 40m)
From Orange → keep current rate (35m, 45m)
(ii). Bill sung → keep current rate → orange → keep current rate (25m, 25m)
From Orange → increase rate (45m, 35m)
Orange will opt to raise the rate, while Bill Sung may choose to preserve the present rate.
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When considering the most typical research design, although the practiced limb should show the greater amount of improvement, a significant amount of improvement should occur for the non practiced limb, indicating that bilateral transfer has occurred.
When considering the most typical research design a significant amount of improvement should occur for the non practiced limb.
What kind of augmented feedback provides details on the movement traits that lead to a performance result?Knowledge of Results (KR) is a type of augmented feedback that provides details about how an attempt to perform a skill turned out. Enhanced feedback's knowledge of performance (KP) category provides details on the movement traits that contributed to a certain performance outcome.
What is learning transfer? Why is learning transfer crucial for motor learning?WHAT IS LEARNING TRANSFER? Transfer of learning is typically defined by learning researchers as the impact of prior experiences on mastering a skill in a new setting or on learning a new skill. This effect could be favorable, unfavorable, or neutral (zero).
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AAA, Inc. has two categories of overhead: maintenance and inspection. Costs expected for these categories for the coming year are as follows:
Maintenance $320,000
Inspection $160,000
The following data have been assembled for use in developing a bid for a proposed job:
Direct materials $2,400
Direct labor $6,400
Machine-hours 160
Number of inspections 2
Direct labor-hours 320
The practical capacity of machine-hours for all jobs during the year is 10,000, and for inspections is 320. These are the cost drivers for maintenance and inspection costs, respectively.
Using the appropriate cost drivers, the total cost of the potential job is:
Select one:
a. $8,800
b. $14,920
c. $29,840
d. $13,040
Answer:
A training session doesn't match the requested one the employees some
Explanation:
photo Deewar
which of the following will help to determine the likelihood that users will readily adopt a new system? group of answer choices resource allocation organizational feasibility study project scope calculation cost benefit analysis
Cost benefit analysis will help to determine the likelihood that users will readily adopt a new system.
What do you mean by Cost Benefit Analysis?A cost benefit analysis is a technique for assessing the benefits of a decision or course of action minus the costs associated with that decision or course of action. A cost benefit analysis includes measurable financial measures such as money made or costs saved as a result of the project's decision.
In a cost benefit analysis, intangible advantages, costs, or consequences of a choice, such as employee morale and customer satisfaction, can also be addressed. Sensitivity analysis, cashflow discounting, and what-if scenario analysis for a variety of solutions may be included in a more sophisticated cost benefit analysis. All else being equal, it is usually advantageous for the business to take on a project if the analysis reveals that the benefits outweigh the expenses.
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which of the following listings is most advantageous to the broker? a. exclusive right to sell b. exclusive agency listing
Exclusive right to sell listings is the most advantageous to the broker.
Who is a broker?A broker is an individual or business that coordinates transactions between a buyer and a seller in exchange for a commission after the deal is completed. Brokers who participate in the transaction as both buyers and sellers are considered primary parties. Both of these roles are distinct from an agent, who represents a principal party in a transaction. A broker acts as a third-party mediator between buyers and sellers because connecting vendors and buyers is their primary duty. Market data and market research are available through brokers. Brokers may work for either a buyer or a seller, but typically not both at the same time. Brokers must have the tools and resources necessary to connect with the greatest number of buyers and sellers.
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which of the following best describes the chain of events that will occur if the value of the u.s. dollar appreciates?
exports ↓ → Aggregate demand (AD) ↓ best encapsulates the series of circumstances that would arise if the value of the US dollar rises.
What triggers an increase in the value of US currency?A currency cannot be either strong or weak on its own; it can only be either in relation to another object. The Fed's vigorous monetary policy response to skyrocketing inflation is resulting in the strengthening of the US currency.
Why is there inflation if the value of the dollar is increasing?Dollars from the US account for 90% of all global transactions. As a result of its reputation as a somewhat secure haven, the dollar often appreciates during periods of general economic unrest (like the one we are presently experiencing).
What takes place when the dollar's value rises?Positively, lower import costs and inflation are being kept under control by a stronger currency. A stronger currency may be able to divert demand away from the American economy and toward other economies around the world, despite the fact that the U.S. unemployment rate is still low and restricts the country's capacity to absorb more demand without some inflation.
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you are a financial adviser. your client, mena, does not like risk and wants federal deposit insurance corporation (fdic) insurance. which of the following instruments should she invest in?
You are a financial adviser. Your client, Mena, does not like risk and wants Federal Deposit Insurance Corporation (FDIC) insurance. I would suggest him to invest in a bank savings account.
What does a financial advisor do?A financial advisor assists clients in developing long-term plans for accumulating money and controlling risk. They can assist you in monitoring, managing, and balancing your investment portfolio. They can also offer valuable guidance on a variety of other financial decisions and difficulties.
Better financial advisor or accountant?Financial planners assist individuals with asset management and retirement planning while accountants handle auditing tasks, financial forecasting, and the creation of financial statements. While financial planners are stronger at sales and networking, accountants are typically more detail-oriented and numerate.
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A mutual fund has breakpoints at $25,000, $50,000, $100,000, and $250,000. Which of the following transactions might be considered a breakpoint sale?
O The client purchases $48,000 worth of shares
O The client redeems $24,000 worth of shares
O The client purchases $252,000 worth of shares
O The client purchases $96,000 worth of shares
1.The client purchases $48,000 worth of shares
2.The client purchases $96,000 worth of shares
Thus Correct option (A) ,and (D)
Breakpoints allow for lower sales charges at or above the designated points—in other words, quantity discounts. A breakpoint sale occurs whenever a purchase is made just below a designated breakpoint amount. Allowing a purchase to occur in an amount just below a breakpoint can be viewed as an effort by representatives to share in the higher sales charges.
What makes something a breakpoint?If a returner achieves a score of "40" in a conventional service game before the server does, they can win the game by scoring the subsequent point. This is referred to as a "break" of serve, and the point that, if won by the returner, would lead to such a break is referred to as a "break point."
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Cullumber Corp. is considering purchasing one of two new diagnostic machines. Either machine would make it possible for the company to bid on jobs that it currently isnât equipped to do. Estimates regarding each machine are provided here.
Machine A Machine B
Original cost $75,700 $189,000 Estimated life 8 years 8 years Salvage value 0 0 Estimated annual cash inflows $19,800 $39,800 Estimated annual cash outflows $4,990 $10,100 Calculate the net present value and profitability index of each machine. Assume a 9% discount rate. (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45). Round answer for present value to 0 decimal places, e.g. 125 and profitability index to 2 decimal places, e.g. 10.50. For calculation purposes, use 5 decimal places as displayed in the factor table provided.)
Machine A Machine B
Net present value enter a dollar amount rounded to 0 decimal places enter a dollar amount rounded to 0 decimal places Profitability index enter the profitability index rounded to 2 decimal places enter the profitability index rounded to 2 decimal places Which machine should be purchased?
select a machine Machine BMachine A should be purchased.
view Procedures Currently Making an Attempt One of two new diagnostic devices is something Cullumber Corp. is thinking about getting. Either machine would enable.
the business to submit a bid for projects that it is not currently qualified to complete. These estimates are given for each machine. $77,700 Machine A; $181,00 Machine B original price Life expectancy is 8 years. 0 0 0 $20.500 $40,400 in salvage projected yearly cash inflows projected yearly cash outflows $5,070 $10,000 To view the factor table, click here. Determine each machine's profitability index and net present value. 9% is the assumed discount rate. (If the net present value is negative, use either a minus sign (-) or parenthesis (e.g., 45) before the number (45). Present value rounding to decimal.
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Explain the different types of competition or industry structure. Illustrate your answer with relevant examples in the country of your choice.
Economic market structures can be grouped into:
perfect competition monopolistic competition oligopoly, monopoly.Examples of perfect competition is Foreign exchange markets.
Examples of industries with monopolistic competition are those that sell Items like dish soap or hamburgers are sold.
Examples of oligopoly can be seen in industries, like steel manufacturing, oil, railroads.
Examples of monopoly can be seen in induystries like Water and electricity, Eyeglasses.
What is market structure?In economics, market structure illustrates how businesses are categorized and distinguished according to the sorts of items they sell and how external circumstances and elements impact their operations. It is simpler to comprehend the peculiarities of various marketplaces when there is a clear market structure.
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_____ is the conversion of the sender's ideas and thoughts into a message.
a. Development
b. Envelopment
c. Processing
d. Decoding
e. Encoding
Encoding is the conversion of the sender's ideas and thoughts into a message. So option e is the correct option.
How do you mean by encoding?Encoding is the procedure used in computers to transform a string of characters (letters, numbers, punctuation, and some symbols) into a specific format for fast transmission or storage.
Which is better, encoding or decoding?While encoding is the exact opposite of decoding—using individual sounds to construct and create words—reading or interpreting printed words into sounds is decoding. To read and write, we must first develop phonological awareness, or the capacity to recognize that words are composed of smaller sounds, or phonemes.
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which of the following best describes how a consumer maximizes total utility from the consumption of a bundle of goods and services?
By choosing the combination of goods such that the marginal utility per dollar spent on the last unit of each good is equal, the best describes how a consumer maximizes total utility from the consumption of a bundle of goods and services.
The marginal utility is the term which refers to the consumption of the products or services is utilized by the consumer.
There are three types of marginal utility which are positive marginal utility, negative marginal utility and zero marginal utility. If the consumption of the particular products or goods is increased exponentially then it comes under positive marginal utility.
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One of the most significant creation-related issues to consider when selecting a business’s organizational form is __________.
A) the organization’s policies
B) the target demographic for the services or products of the organization
C) how much time it will take to create a particular organization
D) how many people are recruited annually by the organization
E) the cost of creation
When choosing an organizational structure for a firm, one of the most important creation-related factors to take into account is the organization's policies.
What exactly do you mean by business?An entrepreneurial organization or establishment that does commerce is known as a business. They could be of the commercial, industrial, or other variety. For-profit companies operate with the goal of turning a profit, whereas nonprofit companies prioritize charitable causes.
What constitutes a company's foundation?If you want to succeed, you should begin by mastering the foundations of business. By researching your clientele and finding out what they want and need, you may create a long-lasting business, but you must first master the essential business skills.
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2. Searched for An effective employee screening test must be : a. Valid. b. Reliable. . Both aand b. . None of the above .
Answer: both a and b
Explanation:
Solve the set of linear equation to obtain complete reciprocated costs of support department DB
A. DB= $75,773
B. None of them
C. DB = $105,154
D. DB = $67,010
DB = $105,154 is the set of linear equation to obtain complete reciprocated costs of support department DB.
How are support department costs accounted for?Cost allocation from support departments to producing departments is necessary to apply the support department expenses, which are a portion of the overall product costs, to the products. Determine the predefined overhead rates for the producing departments.
What are complete reciprocated costs?According to the reciprocal technique of cost accounting, a service department's budgeted amount plus any allocations from other service departments make up a total reciprocated cost. Utilizing simultaneous equations, the reciprocal technique distributes costs incurred by service departments to other departments while also generating distributions within the service departments themselves. As a result of this method, the cost distribution is correct.
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Which operational plans did amazon use? Standing plan or Single use plan?
Amazon's business strategy focuses on technology investments, developing its logistics applications, upgrading its web services by increasing its capacity for the fulfillment, using M&A as a strategy, doing R&D in logistics, experimenting with Fintech, and patenting its ideas.
What is the investment?Investment is the ceremonial of money to purchase an asset to attain an increase in value over a time period of time. Investment requires a sacrifice of some present quality, such as time, medium of exchange, or effort. In finance, the purpose of investing is to generate a return from the invested asset.
We will examine Amazon's semi-annual budgeting and planning procedure, known as OP-1 and OP-2, in this post (OP stands for Operating Plan). A very large corporation can strategically divide its resources according to Amazon's method while still preserving the autonomy and flexibility of its divisions and teams.
Therefore, The development of its logistics applications and technological investments are at the center of Amazon's business strategy.
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Two companies, Acme and Pinnacle, each decide whether to produce a good quality product or a poor quality product. In the figure, the dollar amounts are payoffs and they represent annual profits (in millions of dollars) for the two companies. Refer to Table 17-7. Which of the following statements is correct? O a. Acme can potentially earn its highest possible profit if it produces a good quality product, and for that reason it is a dominant strategy for Acme to produce a good quality product O b. The highest possible combined profit for the two firms occurs when both produce a poor quality product, and for that reason producing a poor quality product is a dominant strategy for both firms. O c. Regardless of the strategy pursued by Acme, Pinnacle's best strategy is to produce a good quality product, and for that reason producing a good quality product is a dominant strategy for Pinnacle. O d. Our knowledge of game theory suggests that the most likely outcome of the game, if it is played only once, is for one firm to produce a poor quality product and for the other firm to produce a good quality product.
C. Regardless of the strategy pursued by Acme, Pinnacle's best strategy is to produce a good quality product, and for that reason producing a good quality product is a dominant strategy for Pinnacle.
This is because Pinnacle will always make the highest possible profit, regardless of what Acme does, if Pinnacle produces a good quality product. For example, if Acme produces a poor-quality product then Pinnacle would make a profit of $8 million.
If Acme produces a good quality product then Pinnacle would make a profit of $10 million. Therefore, it is always in Pinnacle's best interest to produce a good quality product. This is why producing a good quality product is a dominant strategy for Pinnacle.
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multinational agencies have advanced the environmental effort by applying uniform environmental standards to projects they finance. for example: group of answer choices the tokyo stock exchange allows no investors who do not adhere to its environmental guidelines. none of these are correct. the world health organization has guidelines for pollution controls. the world bank has a volume of environmental guidelines for industrial projects.
For example, the world health organization has the guidelines for pollution controls.
What is pollution?The introduction of contaminants into the environment's natural systems that have a negative impact is pollution. Any material (solid, liquid, or gas) or energy can be considered a form of pollution (such as radioactivity, heat, sound, or light). The elements of pollution, or pollutants, can be either naturally occurring toxins or substances or energy from outside the body. The term "pollution" often suggests that the contaminants have an anthropogenic source, which is a source made by human activity, even if environmental pollution might be brought about by natural processes. Pollution is frequently categorized as coming from a point source or a nonpoint source. Nine million people worldwide died from pollution in 2015. (one in six deaths). In 2019, little meaningful progress against pollution was seen, therefore this remained the same. Three-quarters of these earlier deaths were due to air pollution.
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which of the below is not one of the six epolicies that a company should implement for information protection as discussed in the text?
The correct answer is D. Downtime monitoring policy below is not one of the six policies that a company should implement for information protection as discussed in the text.
Enterprise information is information that holds meaning, cost, or importance for your enterprise. it would consist of any reviews, spreadsheets, metrics, regulatory reporting, net pages, files, dashboards, and so on that healthy the definition of getting which means, price or importance for your business. enterprise information is all the records that are associated with a corporation, consisting of sales records, client touch facts, and even website visitors' facts.
Commercial enterprise information comes in general surveys, records, articles, books, references, search engines, and internal information that a business can use to guide its planning, operations, and assessment of its activities. Such information also comes from pals, customers, buddies, and providers. true facts, it's miles believed, improves decision making, complements performance, and presents an aggressive area to the agency which is aware of greater than the opposition.
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Complete Question:
Which of the below is not one of the six policies that a company should implement for information protection as discussed in the text?
A.Information privacy policy
B.Workplace monitoring policy
C.Acceptable use policy
D.Downtime monitoring policy
You have a goal to increase scale and improve CPA performance and efficiency. Which of the following marketing objectives aligns to that goal?
Action
Hybrid
Awareness
Consideration
Action will be the marketing objective by which the goal of increasing the scale can be achieved that is option A is correct.
Within the market if any organizations wants to increase it's efficiency or it needs to increase the performance of the organization, its members will have to take suitable measures or actions to do the job. IF the members will not take suitable actions, it is possible that the reputation of the organization as well as the revenue from the organization will go down. The members will have to take measures including the advertisement of the products to hiring skilled and efficient labors that work for the betterment of the company. Instead of formulating plans, the plans should be applied at a good pace.
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Jorgensen High Tech Inc. is a calendar-year, accrual-method taxpayer. At the end of year 1, Jorgensen accrued and deducted the following bonuses for certain employees for financial accounting purposes.
$54,800 for Ken.
$41,100 for Jayne.
$27,400 for Jill.
$13,700 for Justin.
How much of the accrued bonuses can Jorgensen deduct in year 1 under the following alternative scenarios?
c. Jorgensen paid the bonuses to employees on March 1 of year 2, and there is a requirement that the employee must remain employed with Jorgensen on the payment date to receive the bonus.
Since the bonuses were not paid within two half months of the year's end, Jorgensen cannot deduct any money from the first year's earnings. In year 2, he may subtract his $100,000 bonus.
Give a brief account on accrual-method taxpayer.Regardless of when payment is received, you typically record income under the accrual method in the tax year it is earned. Regardless of when payment is received, expenses are written off in the tax year they are incurred. Those that compute their income on an accrual basis do so when they really earn it or became entitled to it. Their deductions are calculated based on the dates those debts were accrued, not necessarily when they were paid. For the foreign tax credit on all upcoming tax returns, the taxpayer must utilize the accrual technique. Unless the taxpayer is on cash basis and elects the accrual method to calculate the foreign tax credit, taxpayers on the accrual basis should be sent to a professional tax preparer or military legal aid officer for assistance.
To solve the question :
a) Paid the bonuses to employees on March,1 of year 2
Employees Name Deductible in year 1 Deductible in year 2
Mr. Ken $40,000
Mr. Jayne $30,000
Mr. Jill $20,000
Mr. Justin $10,000
Total deductible $100,000
Given that the bonuses were paid out in under two months, Jorgensen may deduct $100,000 in year 1.
b) Paid the bonuses to employees on April, 1 of year 2
Employees Name Deductible in year 1 Deductible in year 2
Mr. Ken $40,000
Mr. Jayne$ $30,000
Mr. Jill $20,000
Mr. Justin $10,000
Total deductible $100,000
Since the bonuses were not paid within two half months of the year's end, Jorgensen cannot deduct any money from the first year's earnings. In year 2, he may subtract his $100,000 bonus.
c) Calculate of deducible amount of bonus
Employees Name Deductible in year 1 Deductible in year 2
Mr. Ken $40,000
Mr. Jayne$ $30,000
Mr. Jill $20,000
Mr. Justin $10,000
Total deductible $100,000
Only those employees who are still working on the bonus payment date are eligible to receive bonuses, therefore bonus amounts are not thought of as fixed. Jorgensen may deduct $100,000 in year 2 because the bonus wasn't established at the conclusion of year 1.
d) The fortified sum is redistributed to other eligible employees if an employee quits before the bonus is paid. Thus, the bonus amount given by Jorgensen is regarded as set, even if a certain employee leaves on the day of payment. Therefore, a bonus of $100,000 may be deducted over the course of a year if it is established and paid within two and a half months of the year's end.
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The complete question is attached below :
On the basis of the diagram above showing an economy's production possibilities curve for two goods, which of the following statements must be true?
I. The opportunity cost of moving from point P to point R is 10 units of Y.
II. The opportunity cost of moving from point R to point P is 8 units of X.
III. The opportunity cost of moving from point Q to point R is 0 units of Y.
Select one:
a. I, II, and III
b. I and II only
c. I only
d. III only
e. II and III only
On the basis of the diagram attached below showing an economy's production possibilities curve for two goods, the statements I, II, and III must be true. Hence option (a) is the answer.
What is a production possibility curve?The "production possibilities curve" (PPC) graph shows all the variations of output that can be produced with the resources and technologies at hand. The possible combinations of two items that a country's economy can produce are displayed on a production possibilities curve. The Production Possibilities Frontier (PPF), also known as the Production Possibilities Curve (PPC), represents tradeoffs and scarcity.
It is implied that there is a shortage by the production possibilities curve's decreasing slope. Resource allocation based on comparative advantage is what gives the production possibilities curves their bowed-out shape. Three different production possibility curve types are available in total, they are concave and convex, and a straight line that slopes downward.
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The complete question is:
On the basis of the diagram below showing an economy's production possibilities curve for two goods, which of the following statements must be true?
I. The opportunity cost of moving from point P to point R is 10 units of Y.
II. The opportunity cost of moving from point R to point P is 8 units of X.
III. The opportunity cost of moving from point Q to point R is 0 units of Y.
Select one:
a. I, II, and III
b. I and II only
c. I only
d. III only
e. II and III only
an appliance store carries a specialty model of microwave ovens. the demand for the microwave oven is relatively constant at 2500 units per year. placing an order costs the store $500 regardless the quantity ordered. carrying one unit over a one year period costs the store $50. the store opens 300 days per year and the lead time for this item is 12 working days. because of the special features of the microwave oven, customers may buy it whether it is currently available in the store. hence, the store is considering selling it on a back order basis if it is beneficial. it is estimated that one unit on back order for a one year period costs the store $150. assuming shortage is allowed and the store manager is sure that shortages will not become lost sales, determine the maximum allowable shortage. 224 258 260 65 none of the above
The maximum allowable shortage is 224. Hence, option (a) can be considered as the relevant answer.
Give a brief account on Economic Order Quantity.Economic Order Quantity (EOQ), often referred to as Economic Buying Quantity (EPQ), is the order quantity used in inventory management that minimises both total holding costs and ordering expenses. It's one of the earliest forms of conventional production scheduling. Only when a product's demand is steady throughout the year and every new order is fully fulfilled when the inventory level drops to zero does EOQ apply. No matter how many units are ordered, each order has a fixed cost; orders are considered to contain just one item. There is also a charge for each unit kept in storage, which is known as the holding cost and is occasionally represented as a percentage of the item's purchase price. Although the EOQ formulation is simple, there are other considerations to take into account when applying it, such as transportation costs and quantity discounts.
To solve the question :
D = 2500 units / year
S = $500 / order
H = $50 / unit / year
n = 300 days
LT = 12 days
EOQ = √2DS/H
= √2 × 2500 × 500 / 50
= 223.60 = 224
Hence, the maximum allowable shortage is 224.
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