When an agent agrees to act on behalf of a principal, the agent is a Fiduciary a person in a position of trust and confidence and, as such, owes certain duties to the principal.
A fiduciary is someone who has a legal or ethical trust relationship with one or more other people. Typically, a fiduciary responsibly manages money or other assets on behalf of another person.
Typically, a fiduciary responsibly manages money or other assets on behalf of another person. One party, such as a corporate trust business or a bank's trust department, acts as a fiduciary to another party, who has committed funds to the fiduciary for protection or investment.
A fiduciary is someone who manages property or money on someone else's behalf. When you become a fiduciary, the law requires you to manage the person's assets for the benefit of the person, not for your own.
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when calculating interest and future value of an ordinary annuity, money is invested at what point in the year (period)?
When calculating the interest and future value of an ordinary annuity, money is invested at the end of the year.
A regular annuity is a series of payments that are made at the conclusion of each period. Calculating the amount of money that will be returned to an investor on a future date if the investor makes a series of payments previous to that date, assuming that the funds are invested at a specific interest rate, is a frequent financial planning concept.
Future value is the worth of a sum of money that will be paid on a specific future date. Since every payment is made at the end of a period, the formula for an average annuity's potential price refers to the value of a series of periodic payments on a given date in the future.
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How does the Federal Reserve influence money?
The federal funds rate the interest rate that banks charge one another for loans made in the overnight market for reserves is the primary tool the Fed uses to carry out monetary policy.
What is monetary policy?The Federal Reserve's actions and communications are considered to be part of monetary policy in the United States in order to support maximum employment, price stability, and moderate long-term interest rates, which are the three economic objectives that the Congress has directed the Federal Reserve to work toward.Reserve requirements, the discount rate, and open market operations have generally been the three instruments the Fed has used to conduct monetary policy.A nation's central bank's actions to regulate the money supply in order to maintain economic stability are referred to as its monetary policy. By employing instruments like interest rates, reserves, bonds, etc., policymakers can, for instance, manage the flow of money in order to boost GDP, employment, and price stability.
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what occurs as sprawl increases in, or adjacent to, a city? view available hint(s)for part a what occurs as sprawl increases in, or adjacent to, a city? pollution decreases the need for cars increases general health is improved less land is used per capita
Sprawl increases in, or adjacent to, a city the need for cars increases.
What is meant by sprawl?
"Sprawl is the process in which the spread of development across the terrain outpaces population expansion, according to the definition.
What is sprawling growth?
Sprawl development refers to the outward growth of low-density residential and commercial development into the periphery of cities and towns, far from downtown districts. Sprawl has pushed Bay Area cities and suburbs onto rural and agricultural lands over the past few decades.Learn more about sprawl
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What element of a project plan describes the method of delivery that is covered by documents such as the technical specification and test plans?.
The document is the element of a project plan that describes the method of delivery that is covered by documents such as the technical specification and test plans.
What is planning?The function of management involves setting goals and determining courses of action to achieve those goals. Planning requires managers to be aware of the environmental conditions facing their organization and to anticipate future conditions.The planning function involves setting goals and arranging them in a logical order. Organizations that plan well reach their goals faster than those that do not plan before they act.To be a successful manager, you have to do all four things while managing your work and your team.Decide in advance what and how you will do it. It is one of the most important duties of a leader. Before doing anything, a manager should have an opinion on how to approach a particular job. Planning is therefore strongly correlated with discovery and creativity. But managers must first set goals.
The steps involved in the planning process are as follows
setting up objectivesfuture foresightevaluating alternativeselecting the best alternativesimplementation of planto learn more about planning refer to
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kelly and tim browne plan to refinance their mortgage to obtain a lower interest rate. they will reduce their mortgage payments by $83 a month. their closing costs for refinancing will e $1,670. how long will it take them to recover the cost of refinancing?
It will take 20.1 months to recover the cost of refinancing
A mortgage, just like another other type of credit extended, may be refinanced. This occurs when there is the replacement of an existing mortgage agreement with another mortgage under different terms.
Refinancing refers to the procedure of changing the terms of an existing credit agreement, frequently one that has a loan or mortgage as its focus. When a person or company chooses to refinance a credit obligation, they are essentially looking to change the interest rate, the repayment schedule, and/or other contract terms in a way that benefits them.
In order to determine the amount of time will pass in order to recover refinancing costs, we must refer to the payment savings and calculate the following:
=1,670/83
=20.1 months
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a product is advertised on the radio, and there is a phone number you must call to place an order if you decide to buy it. you repeat the number to yourself over and over until you feel like you won't forget it because you don't have anything to write it down. what is this called?
Then memory is formed, a physical trace is stored in the brain.
Since Karl Lashley, psychologists and researchers have been looking for the engram, which is the physical memory trace. Although Lashley did not discover the engram, he did suggest that memories are spread out across the entire brain rather than being stored in a single location.
Buying advertisements, also known as spots in the radio industry, to advertise one's goods or services. In exchange for advertising space on the air, commercial radio stations broadcast the advertiser's commercial to their listeners.
Format, cost, approach, and reach are the primary distinctions between radio and television advertising. The format of advertising is the most obvious distinction between radio and television. Television advertising is both audio and visual, whereas radio advertising is solely audio.
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Which of the following statements regarding a restricted stock plan is correct?
a) The amount of the compensation is measured by the par value at the date of grant.
b) Once the shares vest and the restrictions are lifted, paid-in capitalârestricted stock is replaced by common stock and paid-in capitalâexcess of par.
c) The employee is free to sell the shares during the restriction period.
d) All of the choices are correct regarding restricted stock plans.
Answer: a
Explanation:
The correct response is option (b), meaning that restricted stock and paid-in capital excess of par are replaced once the shares vest and the restrictions are lifted.
What does restricted stock serve?The limitations are meant to prevent premature selling that could harm the company. Under a multi-year timetable of graded vesting, restricted stock usually becomes tradable. Letter stock and section 1244 stock are other names for restricted stock.
Businesses may award shares to employees using restricted stock units. The grant complies with the criteria for a "restricted grant" in that it is subject to a vesting schedule that may be determined by performance criteria or length of service and is constrained by any further transfer or sale restrictions that your company may apply.
What distinguishes a stock option plan from a restricted stock plan?When stock options are given, you have the choice to buy firm stock at a particular price before a particular date. It is entirely up to you whether you decide to buy the shares. RSUs, however, provide you the actual shares after the vesting period is through. You are not required to buy it.
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When a company is able to expand its operations by exporting globally, it can often achieve greater economies of scale which results in ______.
When a business is able to grow by exporting its products around the world, it can frequently attain larger economies of scale, which leads to reduced unit costs.
A company's production unit cost often goes down as it grows. This reduction is the result of economies of scale. By employing the least expensive production techniques, profits will be maximized.
Consumers' prices are lowered as a result of lower cost-per-unit, which increases their real wages overall and makes it easier for them to locate affordable goods.
Businesses from one country offer their goods and services to clients or consumers in another country through the exporting process.
When a company produces more goods at a larger scale while paying less money on average per unit of output, this is a phenomenon known as economies of scale.
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what is a disadvantage of related diversification? group of answer choices firms select new businesses and industries based on financial considerations. firms are able to look for promising investment opportunities for future profit
The disadvantage of related diversification is that firms are able to look for promising investment opportunities for future profit, which means option B is the right answer.
Diversification is the act of inducing more branches of a business to expand it in the preexisting operations in areas where it is not present. Related diversification enhances shareholder value by taking control over cross-business strategic fits. It enables transfer of skills and capabilities from one business to another. It causes a combination of new resources to produce batter capacities and capability. Related diversification can allow a firm to share and transfer critical success factors across different businesses leading to efficiencies in resource allocation. The disadvantages are often too optimistic and are harder to manage. Also, several significant barriers are present which actually capitalize on shared synergies and related diversification is often overvalued.
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assume that the united states government introduces an expansionary monetary policy, increasing the money supply in the market. in the accompanying graph, demonstrate the long run effect on aggregate demand and short run aggregate supply. then, answer the following question.
Short-run effect on aggregate demand and short-run aggregate supply is it has no effect on GDP SRAS lines shifts left, AD line shifts right.
Aggregate demand is the total demand for goods and services in a country's economy at a certain price level. In an open economy, aggregate demand consists of demand from four macroeconomic sectors, namely households, businesses, government, and the external sector. Aggregate demand can also be defined as the total quantity of goods and services that households, firms and the government want to buy at the existing inflation rate. In other words, the demand that occurs as a whole in a country.
Among examples of aggregate demand are:
Total imports of Indonesian motorized vehicles throughout 2019 show aggregate demand for motorized vehicles from within the countryIndonesia's total shrimp exports to Japan in 2020 shows the aggregate demand for shrimp commodities from Japan.Learn more about Aggregate demand here brainly.com/question/29349235
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what electronic check-out coupon program allows marketers to deliver coupons only to consumers who satisfy the manufacturer's specific targeting requirements? group of answer choices
Electronic coupons allows marketers to deliver coupons only to consumers who satisfy the manufacturer's specific targeting requirements.
E-coupons, sometimes referred to as electronic or digital coupons, are the digital equivalent of paper coupons, which are used to offer discounts or freebies to clients to entice them to buy certain products. Typically, e-coupon services are provided by supermarket and medicine retailers during loyalty programme events.
From the perspective of the consumer, digital coupons are more practical. Due to the fact that they are given digitally, they are economical and effective. Businesses can show their appreciation for their clients by providing coupons. Reporting is well-documented because auditing procedures are external.
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an advantage of the herfindahl-hirschman index (hhi) over the n-firm concentration ratio as a summary measure of the market structure of an industry is that the hhi is more sensitive to:
The blessings of the Herfindahl index are that it reflects greater firms in the industry and it offers increased weight to the organizations with large market shares.
What is the cause of the usage of Herfindahl-Hirschman Index?The Herfindahl–Hirschman Index (HHI) is a frequent measure of market awareness of an enterprise - the measurement of corporations in relation to the industry they are in- and is used to determine market competitiveness.
What does a excessive Herfindahl index mean?Increases in the Herfindahl index usually indicate a minimize in competition and an increase of market power, whereas decreases indicate the opposite. Alternatively, if complete percentages are used, the index degrees from 0 to 10,000 "points". For example, an index of . 25 is the same as 2,500 points.
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https://brainly.com/question/21601889#SPJ4Which epeat criteria informs customers about how to carefully dispose of products that need special handling?.
The third EPEAT criterion, "Design for end of life," requires that all electronics and computer makers advise their customers about the particular handling requirements for disposing of their products after they are no longer needed.
What are the prerequisites for EPEAT?
The environmental performance standards for EPEAT-registered products must be met in the following areas: material selection, greenhouse gas emissions reduction in the supply chain, circular design and long product life, energy conservation, end-of-life management, and corporate performance.
In EPEAT, the packaging criteria are optional. Manufacturers are urged by end-of-life management to set up plans for the free return of their products at the end of their useful lives. One of the EPEAT criteria is to inform customers of the unique handling requirements for discarding a product once it is no longer useful.
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promoters of a youth-oriented magazine publishing business substantially complied with each of the mandatory conditions precedent to the incorporation of the business, but they forgot to include the incorporators' addresses in the articles of incorporation. as a result, a(n) corporation was formed.
When a promoter is held liable in a pre-incorporation contract, the promoter is exonerated of that liability: when the other contracting party and the corporation agree to release the promoter from responsibility.
Are pre-incorporation contracts enforceable against a promoter?
Unless and until there is a novation, the promoter is personally liable for any contracts he signs before the company was formed.
Who personally bears responsibility for pre-incorporation?
Pre-incorporation contracts typically hold promoters personally accountable. The promoter will be held liable for breach of contract if a company fails to ratify or adopt a pre-incorporation contract in accordance with the Specific Relief Act.
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the opening of formal cuban relations with the united states has led to greater trade between the two countries, especially in perfectly competitive products such as sugar, tobacco, and oranges. explain what is likely to happen in the market for these agricultural products under increased trade with cuba. demand will decrease for products such as sugar, tobacco, and oranges. consumers in the u.s. will not benefit from increased trade because cuba expects to generate more revenues from trade than the united states. individual farmers in the united states will produce more agricultural products to stay competitive with cuba. greater trade between the two countries will lead to lower prices in the market for products such as sugar, tobacco, and oranges.
Consumers in the u.s. will not benefit from increased trade because Cuba expects to generate more revenues from trade than the united states.
The US imports no agricultural merchandise from Cuba. previous to 1960, Cuba changed into the 9th-largest export marketplace for U.S. agricultural merchandise. Presently, U.S. agricultural exports to Cuba are minor, with chook meat accounting for over ninety% of the $157 million of shipments in 2020.
The pinnacle three U.S. imports from Cuba, also through cost, were chook and other fowl, (2) organized foods, beverages, and (3) Olive oil. by means of tonnage, the pinnacle three U.S. exports were (1) chook and another rooster, (2) Phosphates, and so forth., and (3) back exports, with an alternate.
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if there are constant rumors that a business is in financial crisis, employees might lose internal motivation. which level of maslow's hierarchy reflects this situation?
a. Safety needs
b. Social needs
c. Physiological needs
d. Esteem needs
e. Self actualization
Answer:
a. Social needs
Explanation:
when money is used as a standard of value, a person is when money is used as a standard of value, a person is making a financial transaction. writing a check for groceries. earning more money than before. making price comparisons among products. purchasing a necessity.
When money is used as a standard of value, a person is when money is used as a standard of value for making price comparisons among products
Money as a standard value :
Money acts as a standard of value by framing it simple for people to compare the worth of different goods and services according to a livery source point. Money can similarly be used as a store of valuation to make trades more effective. Money serves as a standard of value by demonstrating a universal standard for the pricing of commodities and services. It allows Frank to fluently understand the costs of goods and services and frame comparisons between the value of those. Money is anything that serves as a mean of exchange.
Money :A mean of exchange is anything that's extensively accepted as a measure of payment.The 4 different types of money as classified by the economists are marketable money, fiduciary money, fiat money, commodity money. Money whose value comes from a something of which it's made is understood as commodity money.
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shaw corporation, a u.s. firm based in oregon, and yun electronics, a chinese company, have teamed up and created a small firm in south korea to help penetrate the market for solar products there. this effort is referred to as a .
This effort is referred to as a joint venture between the two companies.
A joint venture is a collaboration involving two or more individuals with the goal of growing one company or project for income while dividing the risks involved. Participants in the joint venture shall be at least two distinct natural persons or entities. The parties may contribute funds, manpower, assets, talent, expertise or other resources to a single company or project. It will depend on the particular facts of each instance whether or not a joint venture can be established. International market entry typically involves the use of joint ventures. Joint ventures are formed by foreign businesses and domestic firms that are already present in the markets they seek to enter.
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when the u.s. gives foreign aid to developing nations in africa, which of the following balance of payments account is affected?
'When the U.S. gives foreign aid to developing nations in Africa, the balance of payments current account is affected .
In economics, a country's current account balance records the value of imports and exports of goods and services, and the international transfer of capital. It is one of the two components of the balance of payments, the other being the capital account.
Checking accounts are opened by business people who have many regular transactions with the bank. This includes deposits, withdrawals and counter transactions. Also known as an overnight savings account. A checking account can be opened at a cooperative bank or a commercial bank.
A checking account, also known as a financial account, is a type of savings account held by an individual who makes a significant number of transactions with the bank on a regular basis. This will be made by the bank at the request of the applicant and will be available for frequent or immediate access.
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molly grey (single) acquired a 30 percent limited partnership interest in beau geste llp several years ago for $48,500. at the beginning of year 1, molly has tax basis and an at-risk amount of $29,500. in year 1, beau geste incurs a loss of $227,000 and does not make any distributions to the partners. in year 1, molly's agi (excluding any income or loss from beau geste) is $63,000. this includes $16,600 of passive income from other passive activities. in year 2, beau geste earns income of $35,500. in addition, molly contributes an additional $33,800 to beau geste during year 2. molly's agi in year 2 is $66,300 (excluding any income or loss from beau geste). this amount includes $13,750 in income from her other passive investments..
Since Molly has a $ 24,400 passive income, she must deduct 24,400 of the total losses 51,500 for year 2. Hence, 27,100 losses will remain suspended under Passive activity loss rules in year 2 end. The cumulative Passive suspended losses for year 2 are 27,100
At-risk amount:-
Initial year 1 amount of $ 29,500
Allowed loss ($ 29,500)
End of year 1 at-risk amount 0
Contribution for year 2 $ 33,800
BG income ($ 35,500 × 30%) $ 10,650
Allowed loss(227,000×30%)-29,500= ($ 38,600)
End of year 2 at-risk amount $ 5,850\
Year Total loss At risk Allowed At risk disallowed
1 227,000×30% = $ 68,100 $ 29,500 $ 38,600
2 $ 38,600 $ 38,600 0
Year At risk Allowed Passive activity loss Allowed
1 $ 29,500 $ 16,600 $ 12,900
$ 51,500 (38,600+12,900)
$ 24,400 (13,750 + 10,650) $ 27,100
AGI before BG $ 66,300
Year 2 Passive income from BG $ 10,650
Year 2 allowed Passive losses ($ 24,400)
Year 2 AGI $ 52,550
Passive income is unearned income that is automatically earned with minimal effort to generate or maintain. This is often combined with other sources of income such as a side job. The IRS in the US divides income into three categories: active income, passive income, and portfolio income.Learn more about income here: https://brainly.com/question/25745683
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an entrepreneurial team consists of question 8 options: managers with similar skills, abilities, and interests. experienced professionals from different areas of business. a group of wealthy investors who share a vision for a product. representatives from management, labor, and the government who work together to solve a company's problems in a creative way.
an entrepreneurial team consists of experienced professionals from different areas of business.
What is entrepreneurial team?An entrepreneurial team is “composed of two or more people who have a financial and other interest and are committed to the future and success of the company. The entrepreneurial team and those who are accountable to the company, those who are considered to be responsible for management in the early stages of the company, including its incorporation and pre-incorporation, and they are social recognized by oneself and others as a unit” (Schjoedt and Kraus 2009:515). Together they therefore create a company that is partners, employees and members of the management team. According to the definition of teamwork (Brandstätter 1997), an entrepreneurial team must meet two of her criteria: Company ownership and responsibility for its performance. However, gaps remain in researching the right mix of ideal team competencies. Despite the growing trend toward teamwork, lists of the best competencies at the individual level are often used (Chen and Chang 2010; Delamare and Winterton 2005; Hafeez and Essmail 2007).learn more about entrepreneurial team here:
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company z's bonds have a $1,000 par value, and they mature in 30 years. the nominal, annual yield to maturity is 8.25%, but they pay interest semiannually, and their current price is $935. what is the bond's nominal coupon interest rate?
Bond price is the discounted present value of the future cash flow that a bond will produce. It is the total of the present values of all anticipated coupon payments plus the par value at maturity. The known future cash flows must simply be discounted in order to get the bond price.
$1000 in face value (FV).
There are two compounding periods each year.
There are 30 years till maturity.
NPER (number of compounding periods remaining until maturity): 60
8.25% yield till maturity
(RATE) Yield to Maturity: 4.15%
Bond price: $770 (PV).
Coupon rate is equal to 6.17% (Coupon payment x Compoundings per 12 year + $FV).
Bond prices and yields to maturity have a negative correlation with one another. A bond's price and face value are reversed when the yield-to-maturity is greater than the coupon rate.
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Coupon payment x Compounding per 12 year + $FV = 6.17% is the coupon rate.
What is a bond price?Investors' willingness to pay for an existing bond determines the bond's price. Bond prices are given as a percentage of face (par) value in both the online offering table and the statements you get. Example: You're thinking about purchasing a corporate bond.
NPER (amount of compounding cycles left before maturity): 60
yield until maturity of 8.25%
Yield to Maturity (RATE): 4.15%
Bond cost: $770. (PV).
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absolute veto is the term for the executive authority to reduce or eliminate funds for individual programs from a budget adopted by a legislative body.
The three essential sources of federal tax revenue are individual earnings taxes, payroll taxes, and corporate earnings taxes.
Other sources of tax income include excise taxes, the estate tax, and other taxes and fees.
What are the 4 subsystems of the budget execution phase?The budget cycle consists of 4 phases: (1) prepara- tion and submission, (2) approval, (3) execution, and (4) audit and evaluation.
What is the important source of federal income ?Personal profits taxes and Social Security taxes are the largest sources of federal authorities revenues. The federal government derives roughly seventy five percentage of its income from these two sources.
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https://brainly.com/question/16036388#SPJ4in your sap s/4hana system, you report financial values for three separate accounting principles. you post an acquisition for an asset that is capitalized in a single accounting principle. if you use the application to post integrated asset acquisitions, how many documents will the system post?
If you utilize the application to post integrated asset acquisitions in your SAP S/4HANA system, the system will submit 2 papers.
Describe the SAP S/4HANA system.The SAP S/4HANA ERP business suite, which is based on the SAP HANA in-memory database, enables businesses to conduct transactions and analyze corporate data in real time.
S/4HANA commonly referred to as the "digital core," serves as the foundation of SAP's strategy to assist clients with digital transformation, a broadly defined process where they can alter current business processes and models or establish new ones.
As a result, companies are more equipped to adjust to changing customer demands, business needs, and environmental factors. SAP refers to this S/4HANA-based business environment as the intelligent enterprise.
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the records of concord company at the end of the current year show accounts receivable $98,400, credit sales $1,036,800; and sales returns and allowances $51,200. if concord uses the direct write-off method to account for uncollectible accounts and concord determines that matisse's $1,152 balance is uncollectible, what will concord record as bad debt expense? bad debt expense $ (b) if allowance for doubtful accounts has a balance of $1,408 and concord concludes bad debts are expected to be 10% of accounts receivable, what will concord record as bad debt expense? bad debt expense
The concord will record as bad debt expense that if allowance for doubtful accounts has balance of $1,408.
What is bad debt?Bad debt, also known as uncollectible accounts expense, is a sum of money that is owed to a creditor but is unlikely to be paid and for which the creditor is not willing to take action to collect for a variety of reasons, frequently due to the debtor not having the money to pay, for example due to a company going into liquidation or insolvency. Depending on accounting practices, regulatory considerations, and the institution provisioning, there are many technical definitions of what a bad debt is. Bank loans in the USA are referred to as "problem loans" if they are more than 90 days overdue. Accounting sources recommend deducting the whole amount of a bad debt as soon as it is anticipated from profit and loss or allocating a reserve for it.
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on november 1, 2024, new morning bakery signed a $200,000, 6%, six-month note payable with the amount borrowed plus accrued interest due six months later on may 1, 2025. new morning bakery should record which of the following adjusting entries at december 31, 2024?
On November 1, 2024, new morning bakery signed a $200,000, 6%, six-month note payable. On December 31, 2024, new morning bakery should record adjusting entry of credit interest payable of $2,000
Interest payable is defined as a current liability account used to record interest that has been accrued but has not yet been paid at the end of the fiscal year. It is shown in the balance sheet's current liabilities column (credit), and its balance is rectified by an adjusting item.
In the given problem, the company signed a note payable $200,000 on November 1, 2024.
It means, on December 31, 2024, the number of periods = 2 months.
Interest per month = 6%/12 = 0.5% = 0.005
Interest is calculated using:
I = interest rate per period x principal x number of periods
I = 0.005 x 200,000 x 2
I = 2,000
Hence, the company should record interest payable of $2,000
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Which economic model reveals the variety of options for what to do with your scarce time?.
The PPF is an economic model that reveals the various options for what you can do with your scarce time.
Generally, economic models are used to make predictions regarding economic behavior, which can then be cross-checked against actual data. It is because of the unavailability of proper objective metrics to measure economic results. The Production Possibilities Frontier (PPF) is one such economic model that indicates all the different combinations of the output of two goods or products that can be produced using available technology and resources. The PPF captures the concepts of choice, tradeoffs, and scarcity.
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Answer:
Production Possibilities Curve.
Explanation:
Took the test and got it right.
as the price of tomatoes fell from $2.50 to $2.00, the quantity imported from mexico fell from 1,800 tons to 900 tons. the elasticity of supply of tomatoes imported from mexico is:
The quantity imported from Mexico decreased from 1,800 tons to 900 tons as the price of tomatoes decreased from $2.50 to $2.00. The supply elasticity of tomatoes coming from Mexico is 3.0.
What does supply elasticity mean?A good or service's responsiveness to supply after a change in its market price is measured by its price elasticity of supply. Basic economic theory states that when a good's price rises, its supply will also rise.
The following formula can be used to determine the supply's elasticity:
Elasticity is equal to [(Q2 - Q1)/(Q2 + Q1)/2)]. / [(P2 – P1) / ((P2 + P1) / 2)]
Alternatively, put another way: Elasticity is equal to (Q/Qave) / (P/Pave).
where Q and P, respectively, stand for quantity and price.
We are informed that
P1 equals $2.5 Q1 equals 1,800 tons
P2 equals $2 and Q2 equals 900 tons.
adding the specified values to the equation:
Elasticity is equal to [(900 - 1800)/(900 + 1800)/2)]. / [(2 – 2.5) / ((2 + 2.5) / 2)]
Elasticity is equal to (-900/1350)/(-0.5/2.25)
elastic factor = 3.
Positive elasticity means that the supply and price are inversely correlated.
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major businesses that own or own interests in radio or television production and broadcasting; motion pictures, movie theaters, and music companies; newspaper, periodical (magazine) and book publishing; and internet services and content providers that influence people and cultures worldwide are known as
media industries. The firms that enable the sharing of information are all included in the media sector.
Why is the media sector vital and what is it?The media sector is a significant stakeholder and consists of companies that are experts in the delivery of broadcast content, including print, Internet, television, radio, and direct mail. Additionally, the media influences how consumers view businesses. The media sector spans a vast range of disciplines, each with its own corresponding infrastructure, including advertising, broadcasting and networking, news, print and publication, digital, recording, and motion pictures. Creating, producing, marketing, and disseminating books, newspapers, magazines, advertisements, music and music media (records, CDs, and prerecorded tapes), motion pictures, television, and other forms of visual and auditory media are the main goals of these businesses. Page 5 The media industries' organization and traits 5 radio shows and a computer program
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Lieberman and Montgomery examined the advantages and disadvantages of being the first firm to enter a product into the market. They coined this phenomenon
Multiple Choice
competitive head start.
first-mover advantage.
creating market barriers.
technological disadvantage.
Lieberman and Montgomery examined the advantages and disadvantages of being the first firm to enter a product into the market. They coined this phenomenon first-mover advantage.
Which three benefits are offered to a company that launches a product first in its market, according to Lieberman and Montgomery?
Professors Marvin Lieberman and David Montgomery of Stanford University outlined three advantages of being first in their award-winning article: technological leadership, resource control, and buyer-switching costs.
First movers benefit from having more time to create economies of scale, or affordable means of producing or delivering a good. The possibility of items being imitated or improved upon by rivals is one of first movers' drawbacks. Examples of businesses that benefit from first-mover status are Amazon and eBay.
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