In order to increase income by 50%, three more years of education are required.
The Rule of 72: What Is It?When calculating the number of years required to double an investment at a certain annual rate of return, the Rule of 72 is a popular formula. As an alternative, it can calculate the annual rate of compounded return to determine how many years it will take to double an investment.
Even though calculators and spreadsheet applications like Microsoft Excel have features to exactly calculate the precise time needed to double the invested money, the Rule of 72 is handy for quick mental calculations to approximate a figure.
Using the rule of 72,
1.16² = 1.3456
1.16³ = 1.5608
It is evident that 1.163 > 1.5.
Therefore, three more additional years of schooling are needed to double revenue by 50%.
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At the beginning of its fiscal year, Lakeside Inc. leased office space to LTT Corporation under a seven-year operating lease agreement. The contract calls for quarterly rent payments of $25,000 each. The office building was acquired by Lakeside at a cost of $2 million and was expected to have a useful life of 25 years with no residual value. What will be the effect of the lease on Lakeside’s earnings for the first year (ignore taxes)?
Answer:
The effect is an increase in net earnings of $20,000.
Explanation:
As in the above, the effect on Lakeside's earning is calculated on cost/benefit basis.
Costs are incurred annually due to getting the office space through depreciation deduction while benefit is for annual lease rentals.
Yearly rentals is $25,000 × 4 = $100,000
Yearly depreciation is $2,000,000 ÷ 25=$80,000
Increase in earnings is therefore ;
$100,000 - $80,000 = $20,000
Due to the above, it is evident that earnings would increase meaning that acquiring the office space and the leasing the office space to a lesse was not a profitable deal.
Which of the following is not a function of financial
markets?
(A) Diversification of risk
(B) Financing
(C) Provide information
(D) Stabilize the economy
(D) Stabilize the economy. Financial markets do not have the primary function of stabilizing the economy. While they play important roles in risk diversification, financing, and information provision, the task of stabilizing the economy falls under the purview of monetary and fiscal policies implemented by central banks and governments.
Financial markets play a crucial role in the economy by facilitating various functions, but stabilizing the economy is not one of them. Here's a breakdown of the functions of financial markets
(A) Diversification of risk: Financial markets allow investors to spread their investments across different assets, reducing the overall risk of their portfolios
(B) Financing: Financial markets provide a platform for companies and governments to raise capital by issuing stocks, bonds, and other financial instruments
(C) Provide information: Financial markets serve as a source of information for investors, allowing them to assess the value and risks associated with different investment opportunities.
(D) Stabilizing the economy: While financial markets indirectly impact the stability of the economy, it is not their primary function. Economic stability is influenced by factors such as fiscal and monetary policies, regulations, and macroeconomic conditions.
In summary, financial markets primarily serve functions related to risk diversification, financing, and information provision, but they are not specifically designed to stabilize the economy.
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how to write a table of content
The table of contents should include all of the front matter, primary material, and back matter, as well as the chapter titles, page numbers, and bibliography. A decent table of contents should be simple to read, correctly formatted, and finalized to ensure complete accuracy.
a matrix or grid of information with columns and rows. a table including a number of mathematical calculations.
After the title page, begin a new page.
List the document's headings in alphabetical order.
Include subheadings if necessary.
Give each heading a page number.
Place the information in a table.
the Table of Contents' title.
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Which of the following financial statements is prepared to show the changes in the common equity accounts between balance sheet dates? a. Pro forma statement b. Income statement Oc Statement of retained earnings d. Statement of cash flows Oe. Proxy statement
The statement of retained earnings is prepared to show the changes in the common equity accounts between balance sheet dates.
The statement of retained earnings provides information about the changes in the retained earnings account, which is a component of common equity. It shows the net income or net loss generated during a specific period, any dividends or distributions made to shareholders, and adjustments for prior period errors or changes in accounting principles. By analyzing the statement of retained earnings, stakeholders can understand how the company's retained earnings have changed over time and how it has contributed to the overall common equity position. This statement is commonly prepared in conjunction with other financial statements, such as the income statement and balance sheet, to provide a comprehensive view of a company's financial performance and changes in its equity accounts.
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Jean and Olivia want to form and do business as Cake Cups Corporation. A corporation is
a. a natural person.
b. a tangible thing.
c. an artificial legal person.
d. a visible radiance.
A corporation is an artificial legal person, meaning it is a separate entity from its owners and can own property, enter contracts, and engage in business activities on its own. Option c is correct.
In the case of Jean and Olivia, forming a corporation as Cake Cups Corporation would provide them with limited liability protection and allow them to raise capital through the sale of stocks. It would also require them to follow certain legal formalities and regulations, such as filing articles of incorporation and holding annual shareholder meetings. As an artificial legal person, the corporation would exist separately from its owners, meaning it can continue to exist even if the owners pass away or sell their shares.
Option c is correct.
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TRUE / FALSE.
1. The exercise of eminent domain powers by the Casino Reinvestment
Development Authority as part of an economic develop and revitalization
program does not violate the U.S. Constitution.
2. In the absence of a taking by the CRDA, Charlie Birnbaum has the unfettered
right to use and enjoy the house he inherited from his parents without interference
from others, including surface and subsurface uses and airspace rights.
3. Because of the pending eminent domain proceedings, Charlie Birnbaum
ownership interest in his house is properly classified as fee simple defeasible.
4. Atlantic City can rezone the area in which Charlie Birnbaum home exists to
prohibit all uses except those which directly benefit the casino industry and
thereby deprive Charlie Birnbaum of the right to continue his piano tuning
business in the home.
5. Because most of properties in the area in which Charlie Birnbaum’s home is
located have been razed, the CRDA would not be permitted to exercise its
eminent domain powers for the purpose of eliminating a blighted area..
1. FALSE.
2. TRUE.
3. FALSE.
4. TRUE.
5. TRUE.
1. The exercise of eminent domain powers by the Casino Reinvestment Development Authority (CRDA) can potentially raise constitutional concerns. The U.S. Constitution's Fifth Amendment requires that private property can only be taken for public use and with just compensation. Whether the CRDA's exercise of eminent domain violates the Constitution depends on the specific circumstances and whether it meets constitutional requirements.
2. In the absence of a taking by the CRDA, Charlie Birnbaum has the right to use and enjoy his inherited house without interference. This includes the rights to surface and subsurface uses of the property, as well as airspace rights.
3. The statement does not provide any information indicating that Charlie Birnbaum's ownership interest in his house should be classified as fee simple defeasible. Fee simple defeasible is a type of ownership with specific conditions or restrictions, which are not mentioned in the statement.
4. Atlantic City has the authority to rezone the area where Charlie Birnbaum's home exists, potentially limiting certain uses that do not directly benefit the casino industry. This may affect Charlie Birnbaum's right to continue his piano tuning business in the home, depending on the specific zoning regulations.
5. If most properties in the area where Charlie Birnbaum's home is located have already been razed, the CRDA may not be permitted to exercise eminent domain powers solely to eliminate blight. Eminent domain is typically used for public use or redevelopment purposes, and the elimination of blight may require other regulatory or redevelopment mechanisms rather than eminent domain alone.
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Prepare an income statement using the following information for CK Company for the month of February 2019. Sales revenue $26,250
Rental revenue 6,426
Product expense 21,924
Wages expense 7,938
Owner investment 5,040
Equipment purchases 23,520
Utilities expense 756
Taxes expense 168
The income statement for CK Company for the month of February 2019 is given below
| Income Statement | Amount |
| --- | --- |
| Sales revenue | $26,250 |
| Rental revenue | $6,426 |
| Total Revenue | $32,676 |
| Product expense | $21,924 |
| Wages expense | $7,938 |
| Utilities expense | $756 |
| Taxes expense | $168 |
| Total Expenses | $30,786 |
| Net Income | $1,890 |
The income statement projects that CK Company collected a total revenue of $32,676 in February 2019. The company's total expenses was $30,786 which involves product expense of $21,924, wages expense of $7,938, utilities expense of $756, and taxes expense of $168.
The company's evaluated net income for February 2019 was $1,890 which is solved by subtracting total expenses from total revenue.
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The INS, or Immigration and Naturalization Service, was reorganized in 2003 and became incorporated into _____.
the Department of Homeland Security
the U.S. Marshals Service
the National Security Council
the Justice Department
Answer: the department of homeland security
Explanation:
Why do we say that credit is basically a loan?
conduct a research in your community on the negative Impact of strikes as socio-economic issue on businesses
To conduct research in your community on a topic you can use either qualitative or quantitative research methods.
What is qualitative research?It corresponds to a more comprehensive and subjective approach to the investigation of social phenomena. As it is an exploratory research, different means of data collection can be used, such as interviews.
Therefore, if you are going to use the interview method, it is essential to organize a well-structured script to achieve the expected solution.
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Which of the following is the correct order of organizational levels?
A. Operative employees, supervisors, middle managers, top management
B. Operative employees, middle managers, supervisors, top management
C. Middle managers, operative employees, supervisors, top management
D. Middle managers, supervisors, operative employees, top management
Answer:
A. Operative employees, supervisors, middle managers, top management
Explanation:
In an organizational hierarchy, top management is at the summit while operation workers are at the bottom. The organizational chart illustrates the order of seniority in a company.
The line manager or supervisors come after the operational workers. After the supervisors, the middle level follows, and top managers will be attop of the chart.
Which behavior is unethical?
A member of your team made a mistake that caused the team to miss a deadline. Instead of
OA) telling the supervisor what happened, you apologize for the team and promise it will not happen
again.
OB)
You frequently take work home on the weekend. You ask your supervisor if you may take certain
items from the supply closet to use at home.
C)
You worked extra hours every day for the past two weeks to meet a deadline. You tell your boss
you need the day off due to a family emergency, but you really just need a day to unwind.
D)
You are responsible for creating a weekly report that others use to plan for the next week.
Before leaving on vacation, you ask a co-worker to create the report in your absence.
Option (c), For the previous two weeks, you put in additional time each day to make the deadline. You excuse yourself from work because of a family emergency, but in reality, you just need a day to relax. This conduct is unethical.
What does unethical behavior entail?When someone, a professional, or an industry acts unethically because it goes against social norms, that person, professional, or industry is engaging in unethical behavior. It is possible for businesses, professions, businesses, and individuals to act unethically.
In order to improve their mark, a student plagiarized their final essay, which is unethical. It is unethical to do this since it goes against societal norms and the majority of people would find it disagreeable.
What characteristics characterize unethical behavior?Employees most regularly observe the following five unethical workplace behaviors, according to the ERC:
1) Employees who misuse company time;
2) Managers who treat employees unfairly;
3) Employees who steal from their employers;
4) Employees who tell lies to their employers; and
5) Employees who violate internet usage policies
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Communism relies on what form of economic arrangement?.
Answer:
Communism aims to replace private property and a profit-based economy with public ownership and communal control of at least the major means of production (e.g., mines, mills, and factories) and the natural resources of a society.
Explanation:
Communism aspires to replace private property and a profit-driven economy with public ownership and communal management of at least the key production methods.
Help this is super confusing
Answer: Reasons
Explanation: Crystals are collected for jewelry, sugar, salt, computer chips. So if it shows you all those examples it would be collected for many reasons. I hope this helped!
Which of the following is an indirect competitor for a company that makes chocolate chip cookies? A. Another company that makes chocolate chip cookies B. A company that makes potato chips C. A company that makes baking pans D. A company that makes brownies
Answer:
The indirect competitor for a company that makes chocolate chip cookies is;
D. A company that makes brownies
Explanation:
Where two companies or vendors produces or supplies entirely different products that however work to satisfy the same customer need then the two companies or vendors are in indirect competition
In the question, we have;
The product of the company = Chocolate chip cookies
Therefore, an indirect competitor of the company will be make a maker of a different product of the same utility as the chocolate chip cookies, which gives;
The indirect company = A company that makes brownies
This is so because, a brownie, which is also known as a chocolate brownie, consists of a rectangular or square shaped baked chocolate that can include a variety of ingredients, including chocolate chips, cheese and nuts.
Answer:
D A company that makes brownies
Explanation:
im smart :) like this now
most enjoyable aspects of a fashion stylist ?
Answer:
creative, artistic, ambitious, passionate
Explanation:
1. In the POW camps of WWII, what did prisoners do with the contents of their Red Cross packages
that "maximized individual satisfaction"?*
(1 Point)
Prisoners gave away things they didn't want
Prisoners traded for what they wanted.
Prisoners hoarded their meager supplies.
Answer:
The correct option is;
Prisoners traded for what they wanted
Explanation:
In the war camps, being that there where no privileged persons, everyone had to trade what they where given as rations for what they needed and as such trading became predominant in the camp as those who could afford to manage without taking some of the package contents from the Red Cross such as beef, coffee, biscuits and cheese can trade for other items with some making small fortunes in cigarettes (which became more or less the currency) and biscuits.
For problems 1-3, use the Social Security tax rate of 6.2% on the first $97,500 earned and
Medicare tax rate of 1.45% on all earnings to solve the following problems.
1.) Richard has a gross monthly income of $3,400. His earnings to date for this year are
$54,000. How much is deducted this month for Social Security? How much for Medicare?
Answer:
Social security : $210.8
Medicare: $49.3
Explanation:
Social security tax and medicare are calculated based on the gross income.
Richards gross income for the months us $3,400
Social security tax will be
=6.2 % of $3400
=6.2/100 x 3400
=0.062 x 3400
=$210.8
Medicare tax will be
=1.45 % x $3400
=1.45/100 x 3400
=0.0145 x 3400
=$49.3
The class will be divided into five groups. With the teacher's guide, each group should suggest a business that they want to put up. Each group should then justify their choice of business. Each group will discuss among the members the environment that should be studied in terms of the location they decided to choose. Based on the environmental analysis, the group members should identify all the factor that need to be studied in the specific environment/location.
Each group will suggest a business idea and justify their choice based on their interests, market demand, and potential profitability. They will then discuss the specific location for their business and conduct an environmental analysis to identify factors that need to be studied.
In the first paragraph, each group can briefly mention the type of business they want to put up, such as a restaurant, tech startup, clothing boutique, fitness center, or any other business idea that interests them. They should provide a concise justification for their choice, highlighting factors like market demand, personal passion, unique selling proposition, or potential profitability.
In the second paragraph, the group members will discuss the specific location for their business and conduct an environmental analysis. They need to identify and examine various factors that can influence the success of their business in that particular location. This analysis can include factors such as local competition, target market demographics, economic conditions, regulatory environment, infrastructure, availability of resources, cultural considerations, and any other relevant factors. By studying these environmental factors, the group can gain insights into the opportunities, challenges, and potential risks associated with their chosen location.
Overall, the aim is for each group to select a business idea that aligns with their interests and has potential in the market. They should then analyze the specific location's environmental factors to make informed decisions and develop strategies that maximize their chances of success. This exercise helps students understand the importance of market research, environmental analysis, and strategic planning in business development.
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Acre tractor implement company places ads for its equipment in two agricultural magazines that are subscribed to by farmers in the united states. the ads they put in the publications are forms of:_____
Acre tractor implements company places ads for its equipment in two agricultural magazines that are subscribed to by farmers in the united states. the ads they put in the publications are forms of print advertising.
Print advertising refers to promotional messages or advertisements that are published in print media such as magazines, newspapers, brochures, or flyers. In this case, the company is utilizing agricultural magazines as a platform to reach their target audience of farmers in the United States.
Print advertising offers the advantage of targeting specific demographics or niche markets, allowing businesses to tailor their messages to a particular audience. By placing ads in agricultural magazines subscribed to by farmers, Acre Tractor Implement Company can effectively reach their target market and promote their equipment to potential customers.
These ads in print publications provide visual and textual information about the company's products, features, benefits, and contact details. They aim to capture the attention of farmers, generate interest in their equipment, and ultimately drive sales and brand awareness.
Therefore, the ads placed by Acre Tractor Implement Company in agricultural magazines are a form of print advertising, enabling them to reach farmers in the United States and showcase their equipment to a targeted audience.
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If the central bank of a country wishes to maintain a stable nominal interest rate after a decrease in consumers' spending, taking which of the following actions will achieve the goal?
If the central bank of a country wishes to maintain a stable nominal interest rate after a decrease in consumers' spending, taking expansionary monetary policy actions will help achieve the goal.
Expansionary monetary policy involves measures taken by the central bank to stimulate economic activity and increase the money supply. By implementing expansionary policies, the central bank can influence interest rates to remain stable or decrease in response to decreased consumer spending.
The central bank can undertake the following actions:
1. Lowering the policy interest rate: By reducing the benchmark interest rate or policy rate, the central bank encourages commercial banks to lower their lending rates. This stimulates borrowing and spending by businesses and consumers, which can counteract the decrease in consumers' spending.
2. Implementing open market operations: The central bank can buy government securities or bonds from commercial banks, injecting cash into the banking system. This increases the supply of money, lowers interest rates, and stimulates lending and spending.
3. Reducing reserve requirements: The central bank can lower the reserve requirements that commercial banks must hold, allowing them to lend more money and stimulate economic activity.
These expansionary monetary policy actions aim to increase liquidity in the economy, encourage borrowing and spending, and maintain a stable or lower nominal interest rate despite the decrease in consumers' spending.
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Market penetration pricing and market skimming pricing are typically used at which stage of a product’s life cycle?
A. introduction
B. growth
C. maturity
D. decline
E. ideation
Answer:
A. introduction
Regional Supermarket is open 355 days per year. Daily use of cash register tape averages 18 rolls. Usage appears normally distributed with a standard deviation of 2 rolls per day. The cost of ordering tape is $.75, and carrying costs are 36 cents per roll a year. Lead time is 2 days.Use Table1 and Table2.What is the EOQ?
Answer:
EOQ (Economic Order Quantity) formula is:
EOQ = √[(2DS)/H]
Where D is the annual demand, S is the cost of placing one order, and H is the carrying cost per unit.
First, we need to find the annual demand:
Annual demand = Daily usage x Days open = 18 rolls/day x 355 days/year = 6390 rolls/year
Next, we need to find the cost of placing one order:
Cost of placing one order = $0.75
Finally, we need to find the carrying cost per unit:
Carrying cost per unit = 0.36
Now we can plug in the values into the EOQ formula:
EOQ = √[(2 x 6390 x 0.75)/0.36] = √[10650] = 103.17
Therefore, the EOQ is 103 rolls (rounded up to the nearest whole number).
Explanation:
the foreign corrupt practices act outlawed question 13 options: accounting fraud. price collusion. corruption in government. bribery of officials in other countries. executive misconduct.
The foreign corrupt practices act outlawed d. bribery of officials in other countries.
What is corrupt practices act?
The United States passed the Federal Corrupt Practices Act, often known as the Publicity Act, in 1910 and revised it in 1911 and 1925. Up until the Federal Election Campaign Act was passed in 1971, it remained the basic legislation of the country governing campaign funding in federal elections. On June 25, 1910, President William Howard Taft signed the Act.
For House general elections, the Act set expenditure caps for political parties. By mandating political party national committees to provide post-election reports on their contributions to particular candidates and their own expenditures, it was the first federal law to call for the public disclosure of spending by political parties but not by candidates.
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An active primary market for the creation of new securities and the presence of plenty of buyers and sellers are all most indicative of _____.
an efficient monetary policy
a national economy
a competitive marketplace
sound financial management
An active primary market for the creation of new securities and the presence of plenty of buyers and sellers are all most indicative of a competitive marketplace. Thus, option C is correct.
What is the market?Markets are places where individuals, businesses, and industries transact, whether it be for the purpose of purchasing, producing, or providing services. they use it n order earning profits.
As there are various suppliers in the market, there is a face lot of people have various options from which the person could buy.
Customer competition is fueled by a competitive market. This implies that consumers struggle among others to purchase a commodity, particularly when inventory is low. Therefore, option C is the correct option.
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how can team members personally enhance the recipe for service?
Team members can personally enhance the recipe for service by actively contributing to the improvement of service delivery, fostering a positive work culture, and continuously developing their skills and knowledge.
Team members play a vital role in enhancing the recipe for service by actively contributing their efforts and ideas. They can personally enhance the recipe for service by delivering exceptional customer experiences, going above and beyond their assigned responsibilities, and finding ways to improve service delivery processes. This includes actively listening to customers, addressing their needs and concerns, and providing personalized and attentive service.
Moreover, team members can contribute to enhancing the recipe for service by fostering a positive work culture within the team. This involves promoting collaboration, open communication, and mutual support among team members. By cultivating a positive and supportive work environment, team members can create a foundation for delivering excellent service and promoting teamwork.
Additionally, team members can personally enhance the recipe for service by investing in their own development. This can involve seeking opportunities for training, acquiring new skills, and staying updated with industry trends and best practices. By continuously improving their knowledge and skills, team members can better serve customers, adapt to changing needs, and contribute to the overall success of the organization's service delivery.
Overall, team members' active participation, dedication to customer satisfaction, promotion of a positive work culture, and commitment to personal growth are key ingredients in enhancing the recipe for service.
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Klondike inc. sold goods to customers for $5,000 cash. the cost of the goods was $3,000. the journal entries to record this transaction include:________
Answer:
credit to sales $5,000.
Which accounts are closed to retained earnings at the end of an accounting period?Temporary accounts include revenue, expenses, and dividends, and these accounts must be closed at the end of the accounting year.Income statements include revenue, costs of goods sold, and operating expenses, along with the resulting net income or loss for that period.To learn more about it, refer
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new products often fail because they don't deliver to consumers their promised benefits.
The given statement-'' new products often fail because they don't deliver to consumers their promised benefits'' is True.
One of the common reasons why new products fail is that they don't deliver the promised benefits to consumers.
Product failure can occur when there is a mismatch between the expectations set by the marketing efforts and the actual performance or value delivered by the product.
Consumers may have certain expectations based on advertising, product claims, or marketing messages, and if the product fails to meet those expectations, it can result in dissatisfaction, negative reviews, and ultimately, product failure.
To successfully introduce a new product, it is crucial to accurately communicate and deliver the promised benefits to consumers.
This involves understanding consumer needs and preferences, conducting thorough market research, developing a product that meets those needs, and effectively conveying the product's value proposition.
By aligning consumer expectations with the actual benefits of the product, companies can increase the likelihood of success and avoid the disappointment and negative consequences of product failure.
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Complete question
New products often fail because they don't deliver to consumers their promised benefits. True or False
In a market economy, decisions about which goods are produced are based
on
OA what businesses believe will generate the most profits.
O B. what the government decides is important for society.
OC. what the local community has made for generations.
OD. what health care organizations suggest will be best for citizens.
Answer:
A what businesses believe will generate the most profits.
Explanation:
In a market economy, the private sector controls the majority of the factors of production. The government or central authority does not interfere with economic activities in this type of economy. The private sector decides on the production and distribution of goods and services.
The private sector participates in economic activities to make profits. Demand and supply forces determine the type and quantities of goods to be produced. Traders will avail to the markets the goods and services that consumers are willing to buy.
Answer: what the local community has made for generations
In business writing, the main idea of a written work should be located
a. At the end of the first paragraph
b. In the body of the document
At the beginning of the first paragraph
d. In the salutation of the document
C.
Please select the best answer from the choices provided
Ο Α
B
С
OD
Answer:
c
Explanation:
cccccccccccccccccccccccccc
Answer:
well i blive its c
Explanation: