Answer:
Answer letter C.
Trade in service can provide traditional and new export opportunities
The service sector is important for all of the following reasons except services produce many types of goods. Thus, option 'D' is the correct option.
Why service sector is important?The third layer of the three-sector economy is the service sector, commonly referred to as the tertiary sector. This industry produces maintenance and repairs, training, or consultancy instead of products. Jobs in the service industry include education, nursing, housekeeping, and tours.
Contrarily, those who work in the manufacturing or industrial sectors create physical products like clothing, equipment, and automobiles. After manufacturing and the production of raw materials, the service sector makes up the third sector of the economy.
From office cleaning to rock concerts to brain surgery, the service industry offers a vast range of both real and intangible services. In terms of value-added, the service sector is the largest in the world economy and is particularly significant in more developed nations.
Therefore, option 'D" (services produce many types of goods) is the correct statement.
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Andrea is a stock broker. She is a member of a self-regulatory organization. This organization regulates broker deals under the guidance of SEC. Which regulating body is Andrea a part of?
A.
American Institute of Certified Public Accountants (AICPA)
B.
Financial Accounting Foundation (FAF)
C.
Financial Industry Regulatory Authority (FINRA)
D.
Governmental Accounting Standard Board (GASB)
Answer:
For edmentum its C
Explanation:
A new ad for the shampoo brand Better Not Younger focuses on how its products make aging hair feel softer, which is the ____________________ that the brand's marketing team would like to communicate.a. product attributeb. executional stylec. product benefitd. corporate identitye. lifestyle message
Answer: product benefit
Explanation:
When advertising a particular product, the product benefit simply means the benefits that the consumers will enjoy when they bunch such products.
In this case, Better Not Younger focuses on how its products make aging hair feel softer, therefore thus is the product benefit as this is what the consumers will enjoy when they purchase it.
Money is functioning as a medium of exchange if you:_________
a) compare book prices at the university bookstore versus online.
b) share a ride with your roommate instead of buying gas.
c) spend less this week so you'll have money for a concert next month.
d) purchase coffee at the local coffee shop before class.
Answer:
d) purchase coffee at the local coffee shop before class.
Explanation:
Money is used as a medium of exchange when buying or selling goods or services take place. Pertaining to this question, Money is functioning as a medium of exchange if you purchase coffee at the local coffee shop before class.
Large membranous sacs are more prevalent in plant cells and some protozoa than in animal cells. These sacs in plant cells might function in:________.
Answer:
Vacoule
Explanation:
vacuole can be regarded as membrane-bound organelle. They can be found in cell of fungi as well as plant, I could also be found in some of the bacteria and protist cell.Those that are found in animal cell do sequester waste products in the cell, and those in plant cell helps in maintaining water balance. In plant cell, just single vacoule could take up so much space.It should be noted that Large membranous sacs are more prevalent in plant cells and some protozoa than in animal cells. These sacs in plant cells might function in vacoule.
Suppose your foreign government, threatened with bankruptcy, decided to tax the interest income on its own bonds as part of an effort to rectify serious budgetary woes. What would you expect to see happen to the yields on these bonds?
a. You would expect the yields to rise due to increased default risk.
b. You would expect the yields to fell due to decreased default risk.
c. You would expect the yields to rise to compensate investors for the loss of the tax-exempt status.
d. You would expect the yields to fell due to increased default risk.
Answer:
a. You would expect the yields to rise due to increased default risk.
c. You would expect the yields to rise to compensate investors for the loss of the tax-exempt status.
Explanation:
The foreign government is threatened with bankruptcy which means that the government might be unable to pay their bond obligations. This means that the risk of default has now increased and so yields will rise as a result of this.
Tax exempt bonds like Municipal bonds generally have lower yields because of their tax savings. If the Government was to impose taxes on previously tax exempt bonds, people would be getting less and so would have to be compensated for this loss by increased yields.
What is a survey?
A. It is when only a portion of a population is researched.
B. It is a research method where the researcher assembles small
groups of people.
C. It involves recording actions or events related to buying behavior.
D. It is a set of questions used for gathering data.
It is a set of questions used for gathering data is a survey. Hence, option D is correct.
What is gathering data?Data collection is the process of gathering and measuring information on variables of interest in a systematic and prescribed manner in order to respond to specific research questions, test hypotheses, and evaluate findings.
The methods usually utilized in TNA to collect data include surveys and interviews. Because each TNA has characteristics that make it more or less effective according on the situation and the parties involved, it is necessary to select which one to utilize.
Data enables businesses to evaluate the efficacy of a certain strategy: Gathering data after implementing solutions to a problem will allow you to determine how well your strategy is functioning and whether it needs to be modified over time.
Thus, option D is correct.
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Lala Company accounts for noncurrent assets using the cost model. On October 1, 2019, Lala classified a noncurrent asset held for sale. At that date, the asset’s carrying amount was P1,600,000, its fair value was estimated at P1,100,000 and the cost to sell at P100,000. On December 15, 2019, the asset was sold for net proceeds of P925,000. What amount should be included as an impairment loss in Lala’s statement of comprehensive income for the year ended December 31 ,2019?
Answer:
you add 1,600,000 + 1,100,000=2,700,000 - 100,000=2,600,000+925,000= your finally answer is 3,525,000
Explanation:
Answer:
3,525,000
Hope this helps! Good luck! :)
The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $27,000 per year forever. If the required return on this investment is 6.3 percent, how much will you pay for the policy? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g. 32.16.) Present value $ ________
Answer:
Present value = $428571.4286 rounded off to $428571.43
Explanation:
To determine how much should be paid for the policy today, we must calculate the present value of perpetuity. The policy returns are in the form of a perpetuity as they are paid in a constant amount after equal intervals of time and for an indefinite time period. The formula for the present value of perpetuity is,
Present value = Cash flows / r
Where,
r is the required rate of returnPresent value = 27000 / 0.063
Present value = $428571.4286 rounded off to $428571.43
The weighted-average cost method is used by Jose, Inc. Sales are $240,000, the number of units available for sale is 100, the number of units sold during the period is 75, and the weighted-average cost of the goods available for sale is $600 each. How much is gross profit for the company?a. $195,000 b. $ 60,000 c. $ 30,000 d. $ 45,000
Answer:
Gross profit= $195,000
Explanation:
Giving the following information:
Sales= $240,000
Number of units sold= 75
Weighted-average cost= $600 each.
To calculate the gross profit, we need to use the following formula:
Gross profit= sales - COGS
Gross profit= 240,000 - 75*600
Gross profit= $195,000
The decline in unit costs of a product or service that occurs as the absolute volume of production increases is known as
A. economies of scale.
B. mass customization.
C. specialization.
D. None of the above.
Answer:
A. economies of scale.
Explanation:
The economies of scale is the scale where the company has the advantage of the cost that reaped by the organization in the case when there is an efficient production. It could be accomplished when the level of production or the volume of the production rises by lowering the cost
Therefore as per the given situation, the option A is correct as it fits to the current situation
Hence, the correct option is A.
Which of the following would provide you with information about the health of the U.S. economy: *
Answer:
this makes no sence!
Explanation:
lauren is 17 years old. She report earned income of $3,000 and unearned income of $6,200. Is it likely that she is subject to the kidie tax? Explain.
Answer:
Following are the solution to this question:
Explanation:
Yes, at the end of the year Lauren is now under the age of eighteen but her salary is much more than $2,100, and she's eligible to its Kiddie levy. Notice that perhaps the child's net unpaid wages are a kiddie tax base. Net income that is undeserved shall be less than total salary of even an unarned infant minus $2,100 or tax payable of the child. Here, Lauren's Tax Income is measured as gross income of $9,200, minus her $3,350 = $5,850. That gross taxes unattained minus 2,100 dollars was estimated as 6.200 dollars less 2,100 dollars = 4,100 dollars taxed to use a fide and interest deduction schedule. The other $1,750 is paid 10 percent of Lauren's cost.
A company completes 21,000 units this month and has ending goods in process inventory of 3,000 units which are estimated to be 40% complete. Total production costs are $666,000. The cost of ending Goods in Process Inventory is:______.
Answer: $36,000
Explanation:
First calculate the Equivalent Units of Production;
= 21,000 + (3,000 * 40%)
= 21,000 + 1,200
= 22,200 units
Then find the cost of each units.
= Total production cost/ Equivalent units of production
= 666,000/22,200
= $30 per unit
Then the cost of ending Goods in Process Inventory is:
= Equivalent ending process inventory units * cost per unit
= 1,200 * 30
= $36,000
Which type of business constituent has titles such as President and CEO?
Answer: s corporations
Explanation:
hope this helps. With an S corporation that has a single shareholder, he or she can be called the president, CEO, or another title. S corporations with more than one shareholder can issue titles at the time of formation.
Suppose that an MTV, American Cable Channel, open and operates a recording studio in Hungary. This is an example of:________
a. foreign direct investment.
b. foreign indirect investment.
c. foreign portfolio investment.
d. financial intermediary investment
When researching a career, you should consider which of the following:
A. Salary
B. Education requirements
C. Future outlook
D. All of the above
Someone help meeee!
Answer:
D. All of the above
Explanation:
All 3 of these are important factors to consider when researching careers.
Salary is how much you will be paid for this occupation. this will determine your quality of life when working this job (eg how much extra $ you have, how comfortably you'd be able to live, etc.)
Education requirements tell you how much schooling you'll need to attend, what major is required, and how many years it would take to achieve those requirements.
Future outlook is how your life would go if you chose that career path, if there would be a chance to advance further, etc.
A farmer is an example of what kind of producer?
A. Builder
O B. Raw-goods producer
C. Manufacturer
D. Service business
Answer:
Option B Raw goods producer
Explanation:
Raw-goods producer is the kind of producer of a farmer. Hence, option B is correct.
What is a Raw-goods producer?A manufacturer of raw materials: Producers of raw goods are a primary source of dependency for most firms since they provide the raw materials required to create the desired final products. for instance, machinery for producing cement. They produce goods that satiate desires in subtle ways.
Producer commodities include things like a warehouse, a factory, or an office building. A service that helps the company generate more of the goods and services in its supply chain is also regarded as a producer good.
An individual who creates and provides goods or services is a producer. Factor inputs, such as labour and capital, are combined by producers to make, or transform, a product.
Thus, option B is correct.
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A polisher costs $10,000 and will cost $20,000 a year to operate and maintain.If the discount rate is 10% and the polisher will last for 5 years,what is the equivalent annual cost of the tool?
A) $17,163.04
B) $22,187.84
C) $22,637.98
D) $19,411.15
Answer: $22637.98
Explanation:
Based on the information given in the question, the equivalent annual cost of the tool will be calculated as:
We first calculate the present value which will be:
= 10000 + 20000/(1+.10) + 20000/(1+.10)^2 + 20000/(1+.10)^3 + 20000/(1+.10)^4 + 20000/(1+.10)^5
= $85815.74
The the equivalent annual cost will be:
= Present Value/PVIFA(10%,5)
= 85815.74/3.7908
= $22637.98
Identify the most compelling benefits unique to social networking sites like LinkedIn from a sales representative's perspective
A. Individuals from prospect companies will voluntarily provide information about their roles and affiliations
B. Prospect companies will post press releases announcing their quarterly financial results
C. Sales reps can engage with decision makers in a non-selling environment to develop relationships and trust
D. Sales reps can Tweet the "deal of the day" to their followers to boost commissions with quick sales
E. Sales reps can reach out to individuals in prospect companies and offer them social network discounts from standard product pricing
Answer:
The most compelling benefits that is unique to social networking sites like LinkedIn from a sales representative's perspective is:
C. Sales reps can engage with decision makers in a non-selling environment to develop relationships and trust.
Explanation:
Such relationships can be carried forward to reach business deals that could not have been possible otherwise. This is because social networking sites likes LinkedIn provide platforms for some informal interactions. If a sales representative engages a decision maker in a non-selling environment, they can usually develop lasting trust and relationships that will ease business transactions. The social network platform has provided the two individuals the opportunity to meet before the business deals, thereby smoothening their relationships.
You are valuing an investment that will pay you $28,000 per year for the first 4 years, $43,000 per year for the next 12 years, $69,000 per year the next 16 years, and $61,000 per year for the following 13 years (all payments are at the end of each year). If the appropriate annual discount rate is 12.00%, what is the value of the investment to you today?a. $2,810,830.00.
b. $267,008.25.
c. $2,525,000.00.
d. $1,580,298.95.
e. $343,242.38.
Answer:
The value of the investment to you today is $441,751.52.
Note: The correct answer is is $441,751.52 but this is not included in the option. Kindly confirm the correct answer again from your teacher.
Explanation:
This can be determined using the following 5 steps:
Step 1. Calculation of today's of $28,000 per year for the first 4 years
This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:
PV28,000 = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)
Where;
PV28000 = Present value or today's value of of $28,000 per year for the first 4 years = ?
P = Annual payment = $28,000
r = Annual discount return rate = 12%, or 0.12
n = number of years = 4
Substitute the values into equation (1) to have:
PV28,000 = $28,000 * ((1 - (1 / (1 + 0.12))^4) / 0.12)
PV28,000 = $85,045.78
Step 2. Calculation of today's of $43,000 per year for the next 12 years
Present value at year 4 can first be calculated using the formula for calculating the present value of an ordinary annuity as follows:
PV after 4 = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (2)
Where;
PV at 4 = Present value at year 4 = ?
P = Annual payment = $43,000
r = Annual discount return rate = 12%, or 0.12
n = number of years = 12
Substitute the values into equation (2) to have:
PV at 4 = $43,000 * ((1 - (1 / (1 + 0.12))^12) / 0.12)
PV at 4 = $266,358.09
Therefore, we have:
PV43000 = PV at 4 / (1 + r)^n .............................. (3)
Where;
PV43000 = Present value or today's value of of $43,000 per year for the first 12 years = ?
PV at 4 = $266,358.09
r = Annual discount return rate = 12%, or 0.12
n = number of years = 4
Substitute the values into equation (3) to have:
PV43000 = $266,358.09 / (1 + 0.12)^4
PV43000 = $169,275.38
Step 3. Calculation of today's of $69,000 per year for the next 16 years
Present value at year 12 can first be calculated using the formula for calculating the present value of an ordinary annuity as follows:
PV after 12 = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (4)
Where;
PV at 12 = Present value at year 12 = ?
P = Annual payment = $69,000
r = Annual discount return rate = 12%, or 0.12
n = number of years = 16
Substitute the values into equation (4) to have:
PV at 12 = $69,000 * ((1 - (1 / (1 + 0.12))^16) / 0.12)
PV at 12 = $481,205.04
Therefore, we have:
PV69000 = PV at 12 / (1 + r)^n .............................. (5)
Where;
PV69000 = Present value or today's value of of $69,000 per year for the first 16 years = ?
PV at 12 = $481,205.04
r = Annual discount return rate = 12%, or 0.12
n = number of years = 12
Substitute the values into equation (5) to have:
PV69000 = $481,205.04 / (1 + 0.12)^12
PV69000 = $123,513.35
Step 4. Calculation of today's of $61,000 per year for the next 13 years
Present value at year 16 can first be calculated using the formula for calculating the present value of an ordinary annuity as follows:
PV after 16 = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (6)
Where;
PV at 16 = Present value at year 16 = ?
P = Annual payment = $61,000
r = Annual discount return rate = 12%, or 0.12
n = number of years = 13
Substitute the values into equation (6) to have:
PV at 16 = $61,000 * ((1 - (1 / (1 + 0.12))^13) / 0.12)
PV at 16 = $391,836.45
Therefore, we have:
PV61000 = PV at 16 / (1 + r)^n .............................. (7)
Where;
PV61000 = Present value or today's value of of $61,000 per year for the first 13 years = ?
PV at 16 = $391,836.45
r = Annual discount return rate = 12%, or 0.12
n = number of years = 16
Substitute the values into equation (7) to have:
PV69000 = $391,836.45 / (1 + 0.12)^16
PV69000 = $63,917.01
Step 5. Calculation of the value of the investment to you today
This can be calculated by adding the values above:
PV = PV28,000 + PV43000 + PV69000 + PV69000 = $85,045.78 + $169,275.38 + $123,513.35 + $63,917.01 = $441,751.52
Therefore, the value of the investment to you today is $441,751.52.
Maxim Corp. has provided the following information about one of its products:
Date Transaction Number of Units Cost per Unit
1/1 Beginning Inventory 200 $140
6/5 Purchase 400 $160
11/10 Purchase 100 $200
During the year, Maxim sold 400 units. What is cost of goods sold using the average cost method?
a. $50,000.
b. $64,000.
c. $62,000.
d. $48,000.
Answer:
d. $48,000
Explanation:
The calculation of ending inventory using average cost method is as seen below;
Total units = 200 + 400 + 100
Total units = 700
Total cost = (200 × $140) + (400 × $160) + (100 × $200)
Total cost = $28,000 + $64,000 + $20,000
Total cost = $112,000
Average cost per unit = Total cost ÷ Total unit
Average cost per unit = $112,000 ÷ 700
Average cost per unit = $160
Ending inventory = Total units - Units sold
Ending inventory = 700 - 400
Ending inventory = 300
Therefore, cost of ending inventory
= Ending inventory × Average cost per unit
= 300 × $160
= $48,000
Keidis Industries will pay a dividend of $2.85, $3.95, and $5.15 per share for each of the next three years, respectively. In four years, you believe that the company will be acquired for $46.00 per share. The return on similar stocks is 9.5 percent. What is the current stock price? a) $54.72 b) $45.64 c) $42.38 d) $41.82 e) $47.81
Answer:
Present value = $41.8160 rounded off to $41.82
Explanation:
Using the dividend discount model, we calculate the price of the stock today. It values the stock based on the present value of the expected future dividends from the stock. To calculate the present value of the next four dividends, we will use the following formula,
Present value = D1 / (1+r) + D2 / (1+r)^2 + D3 / (1+r)^3 + P4 / (1+r)^4
Where,
r is the required rate of return
Present value = 2.85 / (1+0.095) + 3.95 / (1+0.095)^2 +
5.15 / (1+0.095)^3 + 46 / (1+0.095)^4
Present value = $41.8160 rounded off to $41.82
Monica wants to sell her share of an investment to Barney for $150,000 in 6 years. If money is worth 6% compounded semiannually, what would Monica accept today?
Answer:
PV= $105,206.99
Explanation:
Giving the following information:
Future Value (FV)= $150,000
Number of periods= 6*2= 12 semesters
Interest rate= 0.06/2= 0.03
To calculate the present value (PV), we need to use the following formula:
PV= FV/(1+i)^n
PV= 150,000 / (1.03^12)
PV= $105,206.99
When estimating demand, price is not the only factor to be considered. Three other elements are emphasized by economists, one of which is____.
Answer:
consumer income
Explanation:
The last of these factors that need to be considered is consumer income. This is a fairly simple one since, whether or not an individual customer/consumer can buy the product that you are offering, depends on whether or not they can afford it. This is all determined by their income. If the consumer population's average income increases then there will be more individuals with extra money that they can go and spend on such products like the one that you are selling. But the opposite can also happen where consumer average income decreases and there is less money for such purchases which means less demand.
If one person's consumption of a good does not preclude another's consumption, the good is said to be: A. nonrival in consumption. B. rival in consumption. C. nonexcludable. D. excludable.
Answer:
The answer is "Option A".
Explanation:
All the commercial goods are generally competition. Non-rival products might well be purchased by one user, by comparison, while preventing concurrent usage by the others. Most – anti goods instances are abstract. TV is itself a good rival, yet Television broadcasts become non-rival goods.
It mentioned the rival product is also something that only a single consumer can acquire or ingest. Alternatively, a good that different individuals can use or own is said to have been inconsistent.
Nearly half of all marriages in the United States end in divorce. Briefly describe how sociologists might view this situation from the structural-functional approach, the social-conflict approach, and the symbolic-interaction approach. Also indicate whether each approach takes a macro-level orientation or a micro-level orientation
Answer:
they could first find why they are fighting why they want to divorce and go from there its not that descriptive but if it was it would be macro level
Explanation:
The structural-functional approach views divorce as a breakdown of the social institution of marriage, which serves important functions in society, such as reproducing and socializing children.
The social-conflict approach sees divorce as a result of power struggles between men and women, highlighting how gender inequality and economic disparities contribute to divorce rates. This approach takes a macro-level orientation.
Lastly, the symbolic-interaction approach focuses on how individuals make sense of divorce and how it affects their daily interactions and sense of self. This approach takes a micro-level orientation. Understanding divorce through these different sociological perspectives can shed light on the various factors contributing to the high divorce rates in the United States.
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_____ is the character and personality of your organization.
[A] Social media
[B] Culture
[C] Career
[D] Atmosphere
Answer:
B - Culture
Explanation:
An organization's culture defines the proper way to behave within the organization. This culture consists of shared beliefs and values established by leaders and then communicated and reinforced through various methods, ultimately shaping employee perceptions, behaviors and understanding.
Broad, Inc. had a beginning inventory of $50,000 and an ending inventory of $80,000. Its Cost of Goods Sold for the year was $970,000. What was the amount of purchases that it made for the year?
A. $940,000
B. $1,000,000
C. $1,050,000
D. $1,060,000
Answer:B. $1,000,000
Explanation :
Given that
beginning inventory = $50,000
Cost of Goods Sold =$970,000.
ending inventory = $80,000.
Using the formula below to find the amount of purchases , we have that
Cost of Goods Sold = Beginning Inventory + Purchases During the Period – Ending Inventory
$970,000 =$50,000+Purchases During the Period -$80,000
Purchases During the Period =$970,000 -$50,000 +$80,000
Amount of Purchases During the Period for Broad, Inc. = $ 1,000,000
On January 1, 2019. A Corp purchased equipment for $20,000. The equipment had an estimated useful life of 5 years and a salvage value of $2,000. A Corp. uses the straight-line method for depreciation It A Corp sells the equipment for $13,600 on December 31 2020, it will have an:___________. (Hint: Watch the dates) a. $2,000 loss. b. $2,000 gain c. $800 gain d. $800 loss
Answer:
c. $800 gain
Explanation:
First we need to calculate the accumulated depreciation as on December 31, 2020
Accumulated depreciation = ( ( Cost - Salvage value ) / Useful Life ) x Numbers of years
Placing values in the formula
Accumulated depreciation = ( ( $20,000 - $2,000 ) / 5 year ) x ( December
31, 2020 - January 1, 2019 )
Accumulated depreciation = $3,600 x 2 years
Accumulated depreciation = $7,200
Now calculate the carrying value as on December 31, 2020
Carrying Value = Cost of asset - Accumulated Depreciation
Placing values in the formula
Carrying Value = $20,000 - $7,200 = $12,800
Now calculate the gain or loss on disposal
Gain / Loss on Disposal = Sale price - Carrying value
Placing values in the formula
Gain / Loss on Disposal = $13,600 - $12,800
Gain on Disposal = $800 Gain
Brickhouse is expected to pay a dividend of $3.55 and $2.62 over the next two years, respectively. After that, the company is expected to increase its annual dividend at 3.7 percent. What is the stock price today if the required return is 12.1 percent?
a. $28.89
b. $25.73
c. $33.49
d. $30.98
e. $35.93
Answer: $30.98
Explanation:
Year 1 dividend = $3.55
Year 2 dividend = $2.62
Other years dividend ie. Year 3.... = $2.62(1 + 3.7%) = $2.62(1 + 0.037) = 2.71694
Stock price today will then be:
= 3.55/(1 + 0.121) + 2.62/(1+0.121)^2 + 2.71694/(1 + 0.121)^2(0.121 - 0.037)
= 3.166815 + 2.08492 + 25.73887
= $30.98 approximately