Industry overproduced consumer goods is the major cause of the great depression in 1920s.
What is great depression?⇒The 1929–1939 Great Depression was a global economic depression that affected all countries. Economic institutions, macroeconomic policy, and economic theory underwent dramatic adjustments as a result of the industrialized West's first downturn of this duration and intensity. Although it began in the United States, the Great Depression had a significant effect on almost every country in the world, causing large declines in output, high rates of unemployment, and severe deflation. Its social and cultural effects were no less shocking, especially in the United States, where the Great Depression was the nation's worst economic crisis since the Civil War. The timing and severity of the Great Depression varied significantly by location.
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a tax levied on producers is fully shifted to producers when: demand is perfectly inelastic. supply is perfectly elastic. supply is perfectly inelastic. supply and demand have the same elasticity coefficients.
A tax levied on producers is fully shifted to producers when:
Supply is perfectly inelastic.
What does the term "perfectly inelastic" mean?In a scenario of perfect inelasticity, the quantity demanded remains constant regardless of the price. The term "perfect elasticity" describes a situation in which the quantity demanded is very responsive to price fluctuations, with even a minor change in price causing a significant change in the quantity demanded.
A demand curve is said to be totally inelastic if it is perfectly vertical (up and down). The excellent is referred to as "elastic" or "very elastic" if the curve is shallow rather than steep. This implies that a little change in the good's price will result in a significant change in the amount required.
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Why would a company have a physical headquarters in one state but file for incorporation in another state?.
Employees pay income taxes depending on the rates of the chartering state, therefore a firm may opt to charter in a state with lower income taxes if it has a physical headquarters in one state but files for incorporation in another.
What is tax?A tax is a mandatory financial charge or other types of levy imposed by a governmental organization on a taxpayer (an individual or legal entity) in order to fund government spending and various public expenditures (regional, local, or national), and tax compliance refers to policy actions and individual behavior aimed at ensuring that taxpayers pay the correct amount of tax at the correct time and receive the correct tax allowances and tax reliefs. Most nations have a tax system in place to pay for public, shared social, or agreed-upon national necessities, as well as government services.
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which one of the following is considered real property? select one: a. an automobile b. a brick storage shed c. household appliances d. a motorhome
A brick storage shed is considered a real property.
A piece of ground and everything that is affixed to it permanently are considered real property. Real estate owners are entitled to full ownership privileges, including the freedom to use, own, sell, and lease their property. Real estate can be categorised as residential, commercial, agricultural, industrial, or special purpose depending on its general use. Knowing what rights you do and do not have in the property is necessary to determine whether you have the right to sell your house. Real property is a more inclusive term than real estate because it includes the rights, benefits, and interests that come with real estate ownership.
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An authoritarian approach to budgeting is another way to describe the management philosophy of __________ budgeting.
An authoritarian method to budgeting is every other manner to explain the control philosophy of top-down budgeting.
The required details for Top-down budgeting in given paragraph
Top-down budgeting refers to a sort of finances allocation wherein govt management and senior control set high-degree budgets primarily based totally on organization objectives. Once approved, control “pushes down” the finances to branch heads, who speak it to their crew members. Top-down budgeting, in different words, is a shape of “finances allocation.” It begins off evolved with a hard and fast quantity and allocates investment and assets as a result throughout departments, leaving it to them to broaden new plans or lessen their current ones primarily based totally at the assets they have got been allotted. The top-down method effects in clear, well-prepared strategies that go away little room for confusion.
Because all choices are made in a single region and all verbal exchange flows in a single direction, mix-ups and misunderstandings take place much less often than with different control styles.
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melba's toast has a preferred share issue outstanding with a current price of $19.50. the firm is expected to pay a dividend of $2.34 per share a year from today. what is the firm's cost of preferred equity? (round your final answer to two decimal places.)
The firm's cost of preferred equity, given the dividend, and the current price of the stock, is 12 %
How to find the cost of preferred equity?The firm's cost of preferred equity, can be found by the Dividend Discount Model which is:
Stock price = Next dividend / ( Cost of equity - Growth rate)
The Growth rate would be 0 % as this is a preferred share.
The cost of preferred equity is therefore:
cost of preferred equity = Next dividend / Stock price
= 2. 34 / 19. 50
= 0. 12
= 12 %
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consider the keynesian cross model. if the fiscal multiplier equals 3, and the government decides to increase government purchases by 100, by how much would equilibrium output increase?
How much would equilibrium output grow if the fiscal multiplier was 3, and the government decided to raise government purchases by 100? The answer is 300.
Definition of the Keynesian cross model.To fulfill demand, the Keynesian Cross Product adapts. Keynesian macroeconomics holds that goods are produced to satisfy total consumer demand. Businesses raise production when demand exceeds supply in order to meet the need. When supply outpaces demand, businesses create less since there is no purpose in making products that won't be purchased.
Macroeconomics: What is it?Macroeconomics is the study of how economies function, taking into account changes in economic output, inflation, interest and foreign exchange rates, and the balance of payments. Poverty relief, social equality, and sustained prosperity are only possible with sound fiscal and monetary policy.
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A detail action plan is very essential in commercial fruit farming. Why?
Answer:
below
Explanation:
It is important because if the fruits get spoiled by bugs no one will be able to buy them and profits will go down. bo
whats the difference between net, gross, and operating profit
Because of the tender meat required, which of these cooking methods are the most expensive?
A. Braising and frying
B. Grilling and sautéing
C. Steaming and broiling
D. Baking and roasting
Steaming and Broiling are incorrect on Pennfoster.
Answer:
look below
Explanation:
It's not accurate to say that any specific cooking method is inherently more expensive than others. The cost of a particular dish can depend on a variety of factors, including the type of meat or other ingredients being used, the equipment required for the cooking method, and the time and labor needed to prepare the dish.
For example, braising and frying can be expensive if you are using expensive cuts of meat or if you need to use a lot of oil or other ingredients. Grilling and sautéing can also be expensive if you are using expensive cuts of meat or if you need to use a lot of fuel or other ingredients.
On the other hand, steaming and broiling can be relatively inexpensive cooking methods, as they typically do not require as much equipment or ingredients as other methods. Baking and roasting can also be relatively inexpensive, depending on the ingredients being used.
Ultimately, the cost of a particular dish will depend on the specific ingredients and cooking method being used, and it's not possible to make a blanket statement about which method is the most expensive.
true or false: you should always include discussion of your scope review in your accounting issues memoranda.
False, you should always include discussion of your scope review in your accounting issues memoranda.
In accounting, a memorandum is a source document with a brief message. The foundation for an accounting journal entry is provided by this message. Businesses can enter a transaction in the accounting system with a memo. The general ledger is where this transaction is recorded. The memorandum aids in tracing the transaction and identifying its origin.
A written note or paper is known as a memorandum. This document's main goal is to make the financial transaction as clear as possible. It can occasionally act as a reminder to make account adjustments. This phrase may also be used to describe an accounting memorandum entry. There are no amounts listed in this entry. But it only consists of a brief statement that is added to the general journal and general ledger.
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a statement of cash flows reports on cash flows for operating, investing and financing activities at a point in time. select one: true false
A statement of cash flows reports on cash flows for operating, investing and financing activities at a point in time is true.
The cash flows is the amount of cash or cash-equivalent which the company receives or gives out by the way of payments to creditors is known as cash flows.
Cash flows is the inflows and outflows of money from a business. It is necessary for daily operations, taxes, purchasing inventory and paying employees and operating costs.
It is the statement of cash flows reports on cash flows for operating, investing and financing activities at a point in time that reports the cash.
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If a company reports goodwill as an intangible asset on its books, what is the one thing you know with certainty?.
If a company reports goodwill as an intangible asset on its books, it means that the company purchased another company.
Goodwill is an intangible asset that helps in understanding the excess purchase price of another company. It compares the purchase price of a company and deducts the differences between the fair market value of assets and liabilities.
It contains a company's value, brand, reputation, etc. It has more unlimited life than other intangible assets. The company is required to review the value of goodwill at least once a year.
It has no physical characteristics. It becomes an intangible asset when a company's balance sheet is acquired. It is normally calculated as :
Goodwill = P - ( A - L)
were, P= purchase price
A= market value of the asset
L= market value of the liability
So, when a company represents goodwill as an intangible asset, it means that the company has acquired the balance sheet of another company by purchasing them.
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true or false issuers of securities offerings must comply with either federal or state securities laws, but not both.
Securities laws are governed by both state and federal laws, so the given statement is false.
What are the securities governed by state and federal laws?The Securities Act of 1933 is a federal law that requires securities sold to the public to be registered with the SEC and that investors have access to complete information about the seller and the stock offering.State Securities Laws encompasses all applicable state securities laws and regulations, including, but not limited to, registration, permit, and qualification requirements. State Securities Laws are a state's securities ("blue sky") rules, regulations, or other similar laws.Securities laws broadly prohibit any type of fraudulent activity in connection with the offer, purchase, or sale of securities. These provisions serve as the foundation for a wide range of disciplinary actions, including actions for fraudulent insider trading.To learn more about security laws refer to :
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which of the statements below best describes office layout? group of answer choices allocates shelf space and responds to customer behavior seeks the best personnel and machine utilization in repetitive or continuous production addresses the layout requirements of large, bulky projects such as ships and buildings deals with low-volume, high-variety production positions workers, their equipment, and spaces/offices to provide for movement of information
D: 'positions employees, their equipment, and offices/spaces to provide for the movement of information' is the best description of office layout.
The aim of the office layout strategy is to develop an effective and efficient layout for the offices that meets its competitive requirements. Office layout strategy assists to position employees, and arrangement of their equipment as well as their office space in order to facilitate safety, comfort, and movement of information.
Since office layout provides comfort to the workers in their work by providing them with a systematic layout of departments and physical facilities. Thus it ensures a smooth work flow in an organization.
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if labor supply is unchanged, an increase in labor demand will ________ the equilibrium wage and ________ the number of workers employed.
If labor supply is unchanged, an increase in labor demand will decrease the equilibrium wage and increase the number of workers employed.
What determines equilibrium wage of labor?
In a competitive market, supply and demand decide wages. A rise in supply or a fall in demand will raise the equilibrium wage. The equilibrium wage will decline if supply or demand fluctuates.
How do you find the equilibrium wage?
To find the equilibrium real wage and level of labor use the labor demand and labor supply equations. Thus, 200 – 4L = 4L or L = 25. To find W, substitute L = 25 into either the labor demand or labor supply equation: thus, W = 4(25) = 100.
Why is equilibrium wage important?
When wages are high, workers prefer to work, and employers prefer to hire when wages are low. The salary and employment levels that are observed in the labor market are determined by labor market equilibrium, which "balances out" the competing desires of employers and workers.
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givens, inc., is a fast-growing technology company that paid a $1.25 dividend last week. the company's expected dividend growth rates over the next four years are as follows: 25 percent, 30 percent 35 percent, and 30 percent. the company then expects to settle down to a constant- growth rate of 8 percent annually. if the required rate of return is 12 percent, what is the present value of the dividends over the fast growth phase?
The present value of dividends over fast growth phase is $0.31.
What is present value?The estimated value of a potential income stream as of the valuation date is known in the domains of economics and finance as present value (PV), which is also known as present discounted value. The present value is frequently lower than the future value due to the potential of money to earn interest, or the time value of money, with the exception of times when interest rates are zero or negative, in which case the present value will be the same as or higher than the future value. By using the money for a while before paying it back, a borrower pays interest to a lender in a manner akin to how a tenant pays rent to a landlord without giving up ownership of the thing.
Present value=1.25*25%=$0.31
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if you lived in a place with no government-funded police force, you would expect community safety to be (click to select) . c. suppose that some neighbors get together and organize a block watch group. what term do economists use to describe someone who lives in the neighborhood but chooses not to volunteer as part of the block watch? economists refer to this person as
If you lived in a place with no government-funded police force, you would expect community safety to be undersupplied.
Free riders use to describe someone who lives in the neighborhood but chooses not to volunteer as part of the block watch.
Compared to the typical accounting practises used by firms, government accounting is far more complicated. In this regard, it's crucial to keep in mind that government accounting is crucial for a variety of reasons.
Since the money that governments get is theoretically the result of public collecting, which makes them responsible for it, governments must be held responsible for it. Governmental accounting and money management are therefore seen as being a very important component of organisations.
The primary source of income for every given government is public monies. Governments set up established accounts in a similar way to any operating corporation in order to accomplish specific goals and objectives.
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which statement is consistent with the law of supply? multiple choice 1 at a zero price, quantity supplied will be infinite. an increase in market price will lead to a decrease in quantity supplied. a decrease in market price will lead to an increase in quantity supplied. an increase in market price will lead to an increase in quantity supplied.
A decrease in market price will lead to an increase in quantity supplied. This statement is consistent with the law of supply.
The law of supply is a microeconomic principle that asserts, with all other things being equal, that if the cost of an item or service rises, suppliers will offer more of those goods or services, and vice versa.
According to the rule of supply, suppliers will try to maximise their earnings when the price of an item rises by offering more products for sale.
In the meanwhile, suppliers are discouraged from manufacturing as much if prices drop.
An upward-sloping supply curve can be used to represent supply in a market and indicate how amount supplied will react to different pricing over time.
It makes up half of the law of supply and demand, together with demand.
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for information to be of real value to a manager, it must be accurate information. what is meant by accuracy? a.accuracy means that information must be communicated by using the right medium. b.accuracy means that the information must provide a valid and reliable reflection of reality. c.accuracy means that information needs to be available in time for appropriate managerial action. d.accuracy means that information should be analyzed. e.accuracy means that information should be complete.
Accurate information is necessary for it to be truly valuable to a management. Accuracy requires that the data present a true and trustworthy reflection of reality.
What are facts and illustrations?It is a collection of information that has been arranged for human consumption since knowledge aids in decision-making. Timetables, merit lists, report cards, headed table, printed documents (pay stubs, receipts, reports, etc.) are a few examples.
What is information, simply put?Knowledge acquired by study, communications, research, or education is referred to as information. Information is, in essence, the outcome of the analysis and interpretation of data. Information is the interpretation of those elements of knowledge, whereas data is the particular figures, numbers, or graphs.
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provided a firm does not use an extreme amount of debt, operating leverage typically affects only eps, while financial leverage affects both eps and ebit.
Provided a firm does not use an extreme amount of debt, operating leverage typically affects only eps, while financial leverage affects both eps and ebit.
This statement is False.
Leverage is an investment strategy that uses borrowed money (specifically, the use of various financial instruments or borrowed capital) to increase the potential return on investment. Leverage can also refer to the amount of debt a company uses to fund its assets.
Leverage is the use of borrowed money by an investor or company to increase the return on investment. Companies and individual investors often use leverage to make profits. Leverage is best calculated using the debt-to-equity ratio.
Borrowing money for expansion or investment is called 'leverage'. Because the purpose is to generate more value from the loan than would otherwise be possible.
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julian is age 60 and paid $1,700 in premiums for qualified long-term care insurance in 2022, how much of the premium can he include in his medical expenses?
The maximum amount of premium that Julian can include in her medical expenses is limited to 1630 as given that the person with the age upto 60 years are subject to the maximum deduction of 1630.
Give a brief account on insurance premium.The amount of money an individual or business pays for an insurance coverage is known as the insurance premium. The premiums for life, health, vehicle, and home insurance plans must all be paid. Once it is earned, the premium becomes the insurance company's source of revenue. It also carries a risk because the insurer is responsible for paying claims that are made in accordance with the terms of the policy. The policy may be cancelled if the individual or business does not pay the required premium.
Your insurer will charge you a premium when you purchase an insurance policy. This is the cost of the insurance policy. For paying their insurance premiums, policyholders have a variety of options. Some insurers permit the policyholder to pay the insurance premium in monthly or semi-annual installments, while others may demand a full upfront payment before any coverage is provided.
A number of variables affect the premium's cost, including:
The type of coverage
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when a company holds safety stock in a single location instead of multiple locations, they are using the inventory positioning strategy known as;
When a company holds safety stock in a single location instead of multiple locations, they are using the inventory positioning strategy known as, Inventory pooling.
A company's capacity to meet numerous markets' varying demands from a single stock of goods is referred to as inventory pooling. The practice is often analyzed in the context of two distinct, but closely related, cases: product and location pooling.
Operations management studies the concept of inventory pooling, which involves providing services to two or more distinct markets while employing a single inventory supply. The operational advantages of this approach are well known: when demand is unpredictable, merging numerous markets lowers aggregate uncertainty and enhances the firm's capacity to efficiently match demand and supply, hence raising profit.
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an employee for acme, inc. has been asked to carry out an assignment that she believes is questionable. this situation can be classified as an employee for acme, inc. has been asked to carry out an assignment that she believes is questionable. this situation can be classified as ethical. unethical. an ethical issue. a dilemma. a violation of law.
This situation can be classified as an ethical issue.
A moral dilemma that needs to be resolved emerges when there are ethical issues in business. In other words, it's a situation when a moral standard is called into doubt. When there are no rules or precedents, it might be difficult to deal with ethical issues.
When a particular action, course of action, or judgment conflicts with the moral standards of a society, there is an issue of morality. Since any of their actions could be questioned in terms of their ethicality, both people and companies could be implicated in these disputes. These problems can arise in people's interactions with one another, with organizations, or both.
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what is most important for entrepreneurs with home-based businesses to remember?
The most important thing for home-based business owners to remember is that they must work hard to build their business and make it successful
Characteristics of an EntrepreneurInnovación: They have ambitions to change how things are done and are often perceived as perfectionists. They want to control their business and lifestyle, and their vision allows them to create great things with simple tools.Initiative: They have good ideas and are willing to take intelligent risks, as long as they follow their instincts. He brings a different vision to the challenges or problems that are presented to him.
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employees who think hr practices are established to improve performance and benefit workers reciprocate these feelings with greater commitment and performance. true false
The statement that employees who think hr practices are established to improve performance and benefit workers reciprocate these feelings with greater commitment and performance is true.
What is techniques for human resources?The strategic HR operations are included in HR practices. They serve as the cornerstone and direction for managing the workforce of the organization, and they ought to work in tandem with the executive business plan. Setting the HR department's mission and goals is one example of an HR practice.
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functional currency is a. the currency of the primary economic environment in which the subsidiary operates and generates cash flows. b. the currency of the country where the corporation is incorporated. c. the weighted average of the currencies of all foreign subsidiaries. d. the currency proscribed by the national laws of the subsidiary's country of incorporation.
The correct answer is functional currency is the currency of the primary economic environment in which the subsidiary operates and generates cash flows.
The primary currency in which a business transacts is called a functional currency. The foreign currencies must be converted into the functional currency because businesses deal in a variety of currencies but only report their financial statement in one.
The term "functional currency" describes the primary currency that a company or division of a company uses. It is the primary economic environment's monetary unit of account in which an economic entity functions.
Rules for translating foreign currency transactions and financial statements are provided by International Accounting Standards (IAS) and generally accepted accounting principles (GAAP) in the United States.
The currency of the major economic environment is functional in which the entity works; typically, that is, the currency of the environment in which a company generates and expends most of its revenue."
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by swapping non-conflicting operations, can we get a serial schedule where the transactions run in this order?
Can we create a serial schedule with the transactions running in the following order: T2 —+ T1 —+ T3 by swapping non-conflicting operations.
What is swapping?Swapping in OS is one of those schemes which fulfill the goal of maximum utilization of CPU and memory management by swapping in and swapping out processes from the main memory. Swap in removes the process from hard drive(secondary memory) and swap out removes the process from RAM(main memory).Swapping in the operating system is a memory management scheme that temporarily swaps out an idle or blocked process from the main memory to secondary memory which ensures proper memory utilization and memory availability for those processes which are ready to be executed.When that memory-consuming process goes into a termination state means its execution is over due to which the memory dedicated to their execution becomes free then the swapped-out processes are brought back into the main memory and their execution starts.To learn more about CPU refer to:
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When a company pays for a golfer to wear their brand during a major golf tournament, it is considered a _____________ promotion.
A sales promotion is when a company pays for a golfer to wear their brand during a major golf tournament.
What are promotions for sales?
A marketing tactic called a "sales promotion" aims to boost sales, foster customer loyalty, or spread brand awareness. Most of the time, it involves giving customers a discount or some other kind of incentive to buy your product or interact with your brand.
With examples, what is sales promotion?
Coupons, freebies, contests, loss leaders, point-of-purchase displays, premiums, prizes, product samples, and rebates are all examples. Sales promotions can target customers, sales staff, or members of the distribution channel (such as retailers).
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What revenue stream can run into the billions of dollars for some professional sports teams?
The field must be maintained by the grounds workers when it is bad outside.
What are sales versus tax revenue?Although both profit and revenue are positive indicators for your company, they are not the same thing. Both offer a critical perspective on your company. Profit refers to net earnings after subtracting expenses from earnings, whereas revenue refers to income gained through business operations.
What two different types of revenue are there?Operating and non-operating revenue are the two main categories of a company's income. Operating revenue is the money a business makes from its basic operations; it comes from sales and services. Non-operating revenue is often referred to as side income or passive income.
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on january 1, 2024, a company acquired land for $6.6 million. the company paid $1.4 million in cash and signed a 7% note requiring the company to pay the remaining $5.2 million plus interest on december 31, 2025. an interest rate of 7% properly reflects the time value of money for this type of loan agreement. what amount of interest expense would the company record on december 31, 2025 (two years later)?
Based on the given information, the amount of interest expense would the company recorded on December 31, 2025 (two years later) is $728,000. Thus the correct option is D.
What is interest expense?On the income statement, interest expense is recorded as a non-operating expense. It represents tax that must be paid on all borrowed funds, including securities, mortgages, convertible debt, and bank borrowings.
To calculate the interest expense
original cost price is $6.6 million$1.4 million as a down payment in cash, and $5.2 million is payable after 2 years with a 7% interestThe interest payment will be recognized
Interest cost on December 31, 2025, would be
= $5.200.000 * 7% * 2 year
= $728, 000
Hence, the interest cost is $728, 000. Therefore, option D is appropriate.
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The missing option so the questions are
multiple choice
$182,000
$364,000
$0
$728,000