You are going into business with 4 equal partners (not counting yourself). If in 6 years, the business is making a profit of $1,000,000, what is your share?
A. $180,000
B. $190,000
C. $200,000
D. $210,000
Answer:
The answer is C
Explanation:
I got the answer right lol
Equal amount in 5 division of $1,000,000 is $200,000 so our profit is $200000 therefore option (C) will be correct.
What is the arithmetic operator?Arithmetic operators are four basic mathematical operations in which summation, subtraction, division, and multiplication involve.,
Division = divide any two numbers or variable called division.
For example 4/8
Profit of business = $1,000,000
Total partner = 4 + 1(ourselve) = 5
Share per partner = Profit of business / total partner
Share per partner = 1000000 / 5 = $200,000
Hence "Equal amount in 5 division of $1,000,000 is $200,000 so our profit is $200000".
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PLEASE HELP ME!!!! I WILL GIVE BRAINLIEST
Answer:
yes
Explanation:
State the following statements are True or False. State the reason for your answer. Each question
carries 2 marks.
1. Labour intensive production means firms hire more people than any other factor of production. It is the
value (amount) spent that is measured.
Answer:.........
Reason:.....
2. Poor quality means that a firm's prices are higher than the industry average.
Answer:.....
Reason:........
3. Quality means that a product is high-class and one of the best in its industry, such as Rolls Royce cars or
Rolex watches.
Answer:.......
Reason:...
4. The location decision is irreversible.
Answer:.
Reason:..
Answer:
See below
Explanation:
1. True
Labor refers to human efforts in production. A labor-intensive production is when the manufacturing of a product or service relies heavily on labor than the other factors of production. Labor-intensive production is mostly applied in small-scale manufacturing or customized production.
2. False
Poor quality describes a product or a service that does not meet the expected standards. Poor quality is of low quality, one that is not properly made. Poor quality refers to a product or service that is of bad quality. A Poor quality product attracts low prices that are below the industry average.
3. True
Quality means a high degree of excellence. A quality product or service implies the product meets expected standards. Quality products offer excellent service to customers. Consumption of the product gives great satisfaction to the user.
4. False
The location decision can be reversed. A location is a place or area where a business will be set-up. The location decision involves identifying the most appropriate place to establish the business. The location decision is crucial as it can be the difference between success and failure.
Businesses have always re-located from one place to another. If the location chosen is not favorable, a decision can be made to re-locate. Reversing a location decision is expensive and time-consuming.
12X12+12-12=
answer is:
Answer:
144
Explanation:
Answer:
(12)(12)+12−12
=144+12−12
=156−12
=144
Which term refers to the first level of a product, which depends on the customer value it generates?
A.
augmented product
B.
core benefit
C.
expected product
D.
basic product
Answer:
B. core benefit
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.
According to the economist Philip Kotler in his book titled "Marketing management" he stated that, there are five (5) levels of a product. This includes;
1. Core benefit.
2. Generic product.
3. Expected product.
4. Augmented product.
5. Potential product.
The core benefit of a product can be defined as the basic (fundamental) wants or needs that is being satisfied, met and taken care of when a customer purchase a product.
Hence, the term that refers to the first level of a product, which depends on the customer value it generates is generally referred to as a core benefit. For example, a hotel provides a comfortable and convenient bed to spend the night (sleep) when you travel for a vacation.
Please help
A tax rebate to companies involved in energy research and production of
renewable energy sources is an example of a government________.
A. disincentive
B. trade agreement
C. incentive
D. standard
Answer:
C. incentive
Explanation:
An incentive is something that encourages people and organizations to behave or act in a particular way. It makes people work harder. Governments give incentives to the private sector to influence their decisions. Incentives from the government include grants, infrastructure assistance, low- interest financing, free land, or tax rebates.
A tax rebate to companies involved in energy research and renewable energy production is encouraging development, innovation, and inventions in that sector. A tax rebate or tax refund make the research less costly. It is the government's way of showing support to the companies
Answer:
c
Explanation:
a p e x:)
The person in charge of product movement is the ?
Answer:
Distributor I believe
Answer:
Sales Manager :)
Explanation:
THANKS FOR TODAY FOR THE PEOPLE WHO HELPED
Answer:
Nice to bad I din't help
Emil Corp. produces and sells wind-energy-driven engines. To finance its operations, Emil Corp. issued $15,000,000 of 20-year, 9% callable bonds on May 1, 20Y1, at their face amount, with interest payable on May 1 and November 1. The fiscal year of the company is the calendar year.
Answer and Explanation:
The Journal entry is shown below:-
1. Cash Dr, $15,000,000
To Bonds payable $15,000,000
(Being issue of bonds is recorded)
2. Interest expense on bonds Dr, $675,000
To cash $675,000 ($15,000,000 × 9% × 6 ÷ 12)
(Being payment of interest is recorded)
3. Bonds payable Dr, $15,000,000
To Gain on redemption of bonds $600,000
To Cash ($15,000,000 × 0.96) $14,400,000
(Being redemption on bonds is recorded)
When management fails to set priorities for work, employees tend to _______. a. Decide which tasks to do by flipping coins b. Schedule tasks over a reasonable period of time c. Assume each task is of equal importance d. Work on one task to completion before moving on Please select the best answer from the choices provided A B C D
Answer: C. ASSUME EACH TASK IS OF EQUAL IMPORTANCE
Explanation:
its right
Answer:
C. assume each task is of equal importance
Explanation:
Edge 2021
What are blueprints?
OA.
Plans for buildings, machines or other items.
OB.
Computer programs.
O C. Laboratory equipment.
OD.
Instructions for employees.
Rese
answer:oa.
Explanation:
its just oa its the definition
Answer:
A. plans for buildings, machines, or other items
Explanation:
Blueprint
A complete plan that explains how to do or develop something.
<3 Enjoy,
Dea
Listeners can show interest to the speaker by _____ occasionally while listening.
nodding
both a and c
looking away
interrupting
True or False: When writing a check, it is not necessary to write the amount of the check in numbers and words.
True
False
Answer:
false
Explanation:
Answer:
False
Explanation:
Wright Company's cash account shows a $27,700 debit balance and its bank statement shows $26,000 on deposit at the close of business on May 31. The May 31 bank statement lists $110 in bank service charges; the company has not yet recorded the cost of these services. Outstanding checks as of May 31 total $5,700. May 31 cash receipts of $6,300 were placed in the bank’s night depository after banking hours and were not recorded on the May 31 bank statement. In reviewing the bank statement, a $410 check written by Smith Company was mistakenly drawn against Wright’s account. The bank statement shows a $580 NSF check from a customer; the company has not yet recorded this NSF check. Prepare its bank reconciliation using the above information.
Answer:
Cash account reconciliation:
Cash account balance $27,700
subtract bank fees ($110)
subtract NSF check ($580)
Reconciled balance $27,010
Bank account reconciliation:
Bank account balance $26,000
subtract outstanding checks ($5,700)
add deposits in transit $6,300
add error with Smith Company check $410
Reconciled balance $27,010
describes employees who are allowed to work remotely.
Networked staff
Overtime employees
Telecommuting employees
Salaried employees
Answer:
Telecommuting employees.
Explanation:
There are numerous mediums or ways of working in the corporate world. telecommunication is one such way in which the employees are allowed to work from a remote place and do not necessarily need to come to the employer's office to do work.
Telecommunication is also known as work from home, remote work, flexible work, mobile work, etc. among others. This allows the employee to work in his/ her own space, comfort zone and also need not make them go through the hassle of traveling to and back from the office. This, in return, makes it good for the company to reduce costs be it in travel allowances, office space, and other amenities, etc.
Answer:
telecommuting employees
Explanation:
got it right on my quiz
Terrance lives in an area that is expensive, but he does not want to move. When looking at a career, what should Terrance consider? He should choose a career cluster that will allow him to support himself. He should pick a career that speaks to his heart and worry about the finances later. He should ask his family to help support him. He should not worry because he can dictate how much money he will earn.
Answer:
He should choose a career cluster that will allow him to support himself.
Explanation:
Hearts ‘R Us ("Hearts" or "the Company") is an early-stage research and development medical device company. Hearts has no current products in the marketplace but is in the final stages of going to market with the Heart Valve System. All preliminary trials have been approved by the FDA, and the Company is in the final trial; once the final trial is complete, the Company will present the product to the FDA for final approval. If approved by the FDA, the Heart Valve System will revolutionize the way medical professionals repair heart valve defects.
Full question attached
Answer and Explanation:
1. Hearts R Us should account for the preferred shares series A financing as equity at issuance since it is not mandatory to redeem at issuance according to ASC 480-10-15-3
2. Here Hearts R Us may have to reclassify the preferred shares series A financing from Bionic considering no FDA approval yet and the failure of the heart valve product. Bionic has the option/right to redeem at par value in the fifth year if there is no FDA approval and so Hearts R Us would have to buy back the security from Bionic at par value(amount sold to Bionic) and classify as common stock.
Need Help ASAP
List three (3) examples of workplace documents?
Answer:
Messages, memorandums, minutes and agendas are usually workplace documents that are prepared for internal use. That is, these documents are only used and read by people inside your organisation
Explanation:
Nika wants to borrow some money from the bank and needs to determine her net worth. she has a car worth $3,400 and has $400 in her checking account. if her only debt is $600 she still owes on her car, what is her net worth? HELP ITS EASY ILL GIVE BRAINLY AND A HUG
Answer:
$3200
Explanation:
Net worth is the value of an individual's or an organization's assets after subtracting liabilities. Net worth is, therefore same as net assets.
Nika's net worth is the value of her assets minus liabilities. Assets being the things she owns, while liabilities are what she owes.
Nika's assets = Cars $3400, cash $400,
Total assets = $3,800
Liabilities = car debts $600
Net worth =$3800 -$600
=$3200
What are the costs and benefits to employers of being responsive to the applicant's perspective throughout the selection process?
Answer:
Selection Process is the process of finding the best fit applicant for any position in an organization.
The benefits to employees for being responsive to the applicant's perspective throughout the selection process are:
a. It helps employers to understand the mindset of the applicant. Knowing the pulse(thinking process) of an applicant is very important.
b. It helps employers to select the right applicant.
c. It keeps them in good terms with the applicants. Even if an applicant does not get selected, he will not file a suit on the employer.
The cost to employees for being responsive to the applicant's perspective throughout the selection process are:
a. Being responsive to applicant will increases the chances of applicant misusing it. Which could be costly to employer.
b. Taking care of needs of the applicant's who come for interview is a cost to the company.
c. It takes lot of time and resources for the selection process per applicant which is a cost to the company.
What are some of the steps that led to creating eHarmony?
What advantages did eHarmony have because it was not the first entrant into the online dating market space?
What disadvantages might there be as a late entrant into a market? Did eHarmony experience any or all of these? Which?
Why did Greg Forgatch believe that eHarmony’s first radio ad worked so well?
What key advertising concepts has eHarmony applied?
Answer and Explanation:
1. Eharmony was born out of Neil Clark Warren's(clinical psychologist and marriage counselor) research work on the psychology of satisfactory relationships through weighing compatibility by certain notable characteristics in individuals. It was on this basis that he set up eharmony which matches people based on principles from his research
2. Eharmony matches people using Neil's principles and this sets him apart from other dating sites
3. It worked so well because there was evidence that it Neil's matching couples model works because real couples were involved in the ad
4. Key advertising concepts was the involvement of real couples who started their relationship through eharmony showing that it actually works
need help What were Law’s plans?
Answer:
Law created a private national bank and issued paper money, based on the wealth of the French government, in the hopes to pull France out of debt.
-BBBM
PLEASE ANSWER QUICKLY: (FIRST ANSWER GETS BRAINLIEST)
Manuel wants to better manage his money and has started to seriously focus on financial planning. He has looked at his accounts and his other resources. What is the NEXT step Manuel should take in the financial planning process?
Identify his short-term and long-term financial goals.
Identify his potential goals.
Periodically review and revise his financial plan.
Answer: A. Identify his short-term and long-term financial goals.
Explanation:
You're welcome :)
After going over his accounts and resources, Manuel should reflect on his short-term and long-term financing.
What is short and long-term finance?Short period financing methods cast off a mortgage to make a purchase, commonly with a time period of much less than 365 days. Trade credit, commercial bank loans,commercial paper and secured loans.
Long period finance may be described as any economic device with an exceeding one year, consisting of financial institution loans, bonds, leasing, and different sorts of debt finance, public finance instruments.
So from the above declaration, it's clear that short and long-time period financing, is the ideal answer.
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During 2017, Sheffield Company changed from FIFO to weighted-average inventory pricing. Pretax income in 2016 and 2015 (Sheffield’s first year of operations) under FIFO was $162,140 and $181,860, respectively. Pretax income using weighted-average pricing in the prior years would have been $153,100 in 2016 and $174,200 in 2015. In 2017, Sheffield reported pretax income (using weighted-average pricing) of $205,200. Show comparative income statements for Sheffield, beginning with "Income before income tax," as presented on the 2017 income statement. (The tax rate in all years is 25%.)
Answer:
Net Income for 2017,2016 & 2015 are $153,900, $114,825 and $130,650 respectively.
Explanation:
2017 2016 2015
Income before income taxes $205,200 $153,100 $174,200
Less: Income taxes at 25% ($51,300) ($38,275) ($43,550)
Net Income $153,900 $114,825 $130,650
List the 3 reasons why the Law of Demand occurs.
Answer: Substitution Effect
Income Effect
Additional Customers
Different Uses:
Explanation:
The Law of Demand explains the downward slope of the demand curve, which posits that as the price falls the quantity demanded increases and as the price rise, the quantity demanded decreases, other things remaining unchanged.
Step One: Create a budget. You can use a spreadsheet, budget software, online budget tools, or a pencil and paper. Remember, to create a budget, you enter income and calculate the total, enter the expenses and calculate the total, and subtract the expenses from the income.
Step Two: It is now the next month, May. The Spencers have spent money and earned another month's worth of income. Update your budget with the following expenses in May. Keep the original expenses.
Expenses May
short-term savings $0
long-term savings $0
rent/insurance $700
car payment $350
utilities $140
tv/cable $100
cell phones $100
clothing $230
entertainment/recreation/eating out $260
credit card (balance=$1200) $50
miscellaneous expenses $130
Step Three: Answer the following: In what areas did the Spencers overspend? What changes would you make to their spending?
Step Four: You probably noticed that the Spencer family is not putting money in their savings account. This would be a good idea since their financial goal is to buy a house. Make adjustments to the budget so that they have money going into short-term savings.
Answer:
Budget: Income $2500/monthly $4.50 interest/each month
Explanation:
Budget : $1500/monthly
Spenser had overspent $720
The unnecessary expenses would be :
miscellaneous expenses $130
entertainment/recreation/eating out $260
tv/cable $100
clothing- $230
That will save $720 by removing those expenses. That can be split into short-term and long-term savings.
Only spending $1500 a month will ensure them to save $1,000 each month, and be able to save for a house and still occasionally be able to afford miscellaneous purchases.
Cooperatives save members money by
O purchasing supplies and services as a group.
securing financing from banks as a group.
O charging more to sell their products as a group.
O sharing all profits democratically as a group.
Answer: A
Explanation: by purchasing supplies and services as a group
Cooperatives save members money by purchasing supplies and services as a group securing financing from banks as a group.
What are cooperatives?Cooperatives are a type of financial institution that is owned and run by members of the cooperative. Each member in the cooperative have equal rights and privileges.
Members in a cooperative save their money and this money is lent out to members at a low level of interest rate.
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he Acmeville Metropolitan Bus Service currently charges $0.99 for an all-day ticket, and has an average of 433 riders a day. The bus company is not earning a profit, but according to their contract with the city, they cannot cut the number of buses on the road. They must therefore find a way to increase revenues. The bus company is considering increasing the ticket price to $1.21. The marketing department\'s studies indicate this price increase would reduce usage to 169 riders per day.Calculate the absolute value of the price elasticity of demand for bus tickets using the simple percentage change method to determine if the bus company should increase price or decrease price to increase revenues.
Answer:
2.77
the bus company should decrease price to increase revenues.
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
percentage change in price = 1.21 / 0.99 - 1 = 0.222 = 22%
Percentage change in quantity demanded = 169 / 433 = -0.6097 = - 60.97%
Elasticity of demand = 60.97% / 22% = 2.77
Demand is elastic, so if price in reduced, there would be a rise in quantity demanded that would exceed the rise in price. This would increase revenues
(Bond valuation) You are examining three bonds with a par value of $1 comma 000 (you receive $1 comma 000 at maturity) and are concerned with what would happen to their market value if interest rates (or the market discount rate) changed. The three bonds are Bond Along dasha bond with 5 years left to maturity that has an annual coupon interest rate of 8 percent, but the interest is paid semiannually. Bond Blong dasha bond with 10 years left to maturity that has an annual coupon interest rate of 8 percent, but the interest is paid semiannually. Bond Clong dasha bond with 15 years left to maturity that has an annual coupon interest rate of 8 percent, but the interest is paid semiannually. What would be the value of these bonds if the market discount rate were a. 8 percent per year compounded semiannually? b. 5 percent per year compounded semiannually? c. 15 percent per year compounded semiannually? d. What observations can you make about these
Answer:
Bond A, 5 years to maturity, semiannual coupons, 8%
Bond B, 10 years to maturity, annual coupon, 8%
Bond C, 15 years to maturity, semiannual coupon, 8%
a) market rate 8% semiannual
Bonds A and C will be worth $1,000 (par value)
price of bond B:
effective interest rate = 1.04² - 1 = 8.16%PV of face value = $1,000 / 1.04²⁰ = $456.39PV of coupon payments = $80 x 6.66192 (PV ordinary annuity factor, 8.16%, 10 periods) = $532.95market price = $989.34
b) price of bond A:
PV of face value = $1,000 / 1.025¹⁰ = $781.98
PV of coupon payments = $40 x 8.75206 (PV ordinary annuity factor, 2.5%, 10 periods) = $350.08
market price = $1,132.06
price of bond B:
effective interest rate = 1.025² - 1 = 5.0625%PV of face value = $1,000 / 1.025²⁰ = $610.27PV of coupon payments = $80 x 7.69817 (PV ordinary annuity factor, 5.0625%, 10 periods) = $615.85market price = $1,226.12
price of bond C:
PV of face value = $1,000 / 1.025³⁰ = $476.74
PV of coupon payments = $40 x 20.93029 (PV ordinary annuity factor, 2.5%, 30 periods) = $837.21
market price = $1,313.95
c) price of bond A:
PV of face value = $1,000 / 1.075¹⁰ = $485.19
PV of coupon payments = $40 x 6.86408 (PV ordinary annuity factor, 7.5%, 10 periods) = $274.56
market price = $759.75
price of bond B:
effective interest rate = 1.075² - 1 = 15.5625%PV of face value = $1,000 / 1.075²⁰ = $235.41PV of coupon payments = $80 x 4.91292 (PV ordinary annuity factor, 15.5625%, 10 periods) = $393.03market price = $628.44
price of bond C:
PV of face value = $1,000 / 1.075³⁰ = $114.22
PV of coupon payments = $40 x 11.81039 (PV ordinary annuity factor, 7.5%, 30 periods) = $472.42
market price = $586.64
d) If the market rate is lower than the coupon rate, then the bonds will sell at a premium. The longer the maturity date, the larger the variations in market price due to different interest rates. E.g. the 15 year bond is more affected than the 5 year bond.
Obviously, the lifetime membership isn’t a good deal if you only remain a member for a couple of years, but if you remain a member for 40 years, it’s a great deal. Suppose that the appropriate annual interest rate is 7.9%. What is the minimum number of years that Lloyd must remain a member of the ADLA so that the lifetime membership is cheaper (on a present value basis) than paying $750 in annual membership dues? (Note: Round your answer up to the nearest year.)
Question:
Lloyd is a divorce attorney who practices law in Florida. He wants to join the American Divorce Lawyers Association (ADLA), a professional organization for divorce attorneys. The membership dues for the ADLA are $800 per year and must be paid at the beginning of each year. For instance, membership dues for the first year are paid today, and dues for the second year are payable one year from today. However, the ADLA also has an option for members to buy a lifetime membership today for $8,500 and never have to pay annual membership dues.
Obviously, the lifetime membership isn't a good deal if you only remain a member for a couple of years, but if you remain a member for 40 years, it's a great deal. Suppose that the appropriate annual interest rate is 7.9%. What is the minimum number of years that Lloyd must remain a member of the ADLA so that the lifetime membership is cheaper (on a present value basis) than paying $800 in annual membership dues?
A. 14 years
B. 13 years
C. 19 years
D. 23 years
Answer:
19 years (Kindly note the above question is bit different in numbers because I was unable to find the remainder part of your question. But it provides excellent understanding of the question).
Explanation:
Here, we have four options and we will start finding "Advance Annuity" from the least number which is 13% and then we move to a greater number.
Best Choice:
The best choice will be the one which is almost equal to or smaller than the value of the lifetime membership $8,500 and takes least time.
For 13 Years
Annuity = Cashflow * (1 + Annuity Factor at 7.6%)
Annuity at 7.6% for 13 years = (1 - (1 + 7.6%)^-(13 - 1) / 7.6% = 7.6948
Annuity = $800 * (1 + 7.6948) = $6,956
Similarly for 14 Years:
Advance Annuity = Cashflow * (1 + Annuity Factor at 7.6%)
Advance Annuity at 7.6% for 14 years = (1 - (1 + 7.9%)^-(14 - 1) / 7.6% = 8.0807
Advance Annuity = $800 * (1 + 8.0807) = $7265
Similarly for 19 Years:
Advance Annuity = Cashflow * (1 + Annuity Factor at 7.6%)
Advance Annuity at 7.6% for 19 years = (1 - (1 + 7.9%)^-(19 - 1) / 7.6% = 9.6377
Advance Annuity = $800 * (1 + 9.6377) = $8510.16
As the annuity value slightly crosses $8500, hence it is somewhat between 18 to 19 years. Thatswhy we will not consider the last option with 23 years as the nearest option is 19 years.