When a loan for $2000 with a simple annual interest rate of 19% was made on November 11 and was due on January 16, then the rate of ordinary interest will be 3.3%.
What is the significance of simple interest?In the situation given above, the simple interest for 1 day will be,
Daily simple interest = Annual Rate/365
Daily simple interest = 19/365 = 0.05%
The tenure of the loan was 66 days between November 11 and January 16, so the charged interest will be,
Interest for 66 days= 66 x 0.05 = 3.3%
Now the actual amount of interest to be charged over the loan will be,
Actual interest charged = 2000 x 3.3% = $66.
Therefore, the significance regarding simple interest has been aforementioned.
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Janet purchased her personal residence in 2011 for $250,000. In January 2021, she converted it to rental property. The fair market
value at the time of conversion was $210,000. (Use Table 6A-6
Required:
a. Determine the amount of cost recovery that can be taken in 2021.
b. Determine the amount of cost recovery that could be taken in 2021 if the fair market value of the property were $350,000.
If Janet purchased her personal residence in 2011 for $250,000. In January 2021, she converted it to rental property. The amount of cost recovery that can be taken in 2021 is $7,318.50 and the amount of cost recovery that could be taken in 2021 is $8,712.50.
Cost recoveryIn order to determine the cost recovery we have to choose the amount that is lower between the depreciable basis of the fair market value or cost at the date of conversion.
The amount that is lower is the cost at the date of conversion of the amount of $210,000 and this amount is depreciated based on a 27.5 year mid month method.
Hence,
a. Amount of recovery :
Amount of recovery = $210,000 × 0.03485
Amount of recovery = $7,318.50
b. Amount of recovery
Amount of recovery = $250,000 × 0.03485
Amount of recovery = $8,712.50
Therefore the cost recovery is $7,318.50 and $8,712.50.
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which report is constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the accounts balance?
Adjusted trial balance is constructed immediately prior to preparing the financial statements with the purpose of demonstrating the accounts balance.
Trial stability is a listing of all the general ledger debts (both revenue and capital) contained within the ledger of a business. This listing will include the name of each nominal ledger account and the cost of that nominal ledger stability. Every nominal ledger account will preserve both debit stability and credit score stability. The debit stability values could be indexed within the debit column of the trial balance and the credit score cost balance will be listed within the credit column. The buying and selling income and loss assertion and balance sheet and other financial reviews can then be produced using the ledger money owed indexed on the equal balance.
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How many hours do you have to work to earn one credit?
40
O 100
O 160
O 256
Gross Domestic Product (GDP) is a comprehensive measure of national
O Exports
O Input
O Outputs
O Imports
GDP calculates the monetary value of the final goods and services—those purchased by the consumer—produced in a nation during a specific time period (say a quarter or a year). It accounts for all the output produced inside a nation's boundaries.
The total amount of private and public consumption, government expenditures, investments, additions to private inventories, and paid-in all go into calculating a nation's GDP.
A input or an output, is GDP?
GDP measurement
GDP calculates the monetary value of the final goods and services—those purchased by the consumer—produced in a nation during a specific time period (say a quarter or a year). It accounts for all the output produced inside a nation's boundaries.
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assume a pre-promote structure where all money is treated equal, the developer puts in 10% equity, the real estate investor puts in 90% of the equity and the promote is 20% to the developer and 80% to the real estate investor over a 15% preferred rate. the promoted compensation structure is advantageous to a developer because?
The entire cash payouts from an investment, divided by the total equity invested, is known as the equity multiple in commercial real estate.
How is a promotion determined?
The promote is the sum of money paid to the sponsor over and above the earnings on the capital they supplied to the deal. Example: As part of the total equity needed to purchase a property, the sponsor pays 10% of his own money. The remaining 90% of the equity is obtained from other investors.
What connection does real estate have between debt and equity?
Rent received from renters or capital gains from selling the property serve as the means of profit for equity real estate investing. In debt real estate investing, loans are made or mortgages are purchased (or mortgage-backed securities).
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In a long run equilibrium in a perfectly competitive market we should expect to see that
A. Firms are producing the largest output
B. The average variable costs are bigger than the average fixed costs
C. The marginal cost of firms is the average total cost
D. Firms make 0 profit
D) In a long-run equilibrium in a perfectly competitive market, we should expect firms to make no profit.
What exactly is a long-run equilibrium?
In microeconomics, the equilibrium is determined at the point where demand and supply meet. In macroeconomics, equilibrium is reached when aggregate demand equals aggregate supply. However, equilibrium may differ in the short and long run.
In macroeconomics, there are two types of aggregate supply curves: short-run aggregate supply and long-run aggregate supply. The equilibrium may differ depending on the type of curve. When the long-run aggregate supply (LRAS) curve intersects the aggregate demand curve, long-run macroeconomic equilibrium is reached.
The economy is at full productive capacity when it is operating on its long-run aggregate supply curve. Furthermore, actual output rarely exactly matches potential output because short-run aggregate supply and aggregate demand are constantly changing.
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paid absences offered to employees are called _ benefits.
The most common kind of paid leave is vacation.
The required details for vacation in given paragraph
A leave of absence from a regular employment or a leisurely trip away from home are both examples of a vacation or holiday. For particular holidays, festivals, or celebrations, people frequently take vacations. Family or friends are frequently present during vacations. A trip or travel can be included in a vacation, typically for leisure or tourism.
A longer leave of absence from work is possible, such as a sabbatical, gap year, or career break. Over the past 200 years, the concept of vacationing has undergone significant change. Historically, the idea of vacation travel was a luxury solely available to the well-off.
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which approach takes a look at the external environment outside the bounderies of the organization? group of answer choices contemporary approach quantitative approach behavioral approach classical approach
To maximize an organization's productivity and, consequently, increase profits, the traditional management strategy places an emphasis on centralized authority, labor specialization, and incentives.
What is the current strategy?
Contemporary Approaches® is a dynamic, highly interactive round-table educational experience led by world-class faculty members that aims to provide general orthopedic surgeons with relevant and timely updates in a personal setting.
What exactly is a modern quantitative approach?
Complex problems are solved using statistics and mathematical methods in the quantitative management approach. Managers may assess performance using methods like information models or computer simulations, depending on the business area.
What are the four methods of organization?
approach to human resources contingency plan. Approach to productivity Frameworks approach.
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Ethics Student Activity Packet
Ethics, often known as moral philosophy, is a philosophical field that "involves systematizing, defending, and advocating conceptions of good and bad action." See further explanation below.
What are the codes of conduct for Accounting Professionals?Recall that the field of ethics, like aesthetics, is concerned with considerations of worth; together, these subjects compose the branch of philosophy known as axiology.
The updated Code creates a conceptual framework for all professional accountants to follow in order to assure conformity with the five core ethical principles:
IntegrityObjectivity.Due Care and Professional DexterityConfidentiality.Professionalism in Action.Accounting professionals must follow the rules and regulations that govern their domains and bodies of work in order to be ethical. Avoiding behaviors that might harm the profession's reputation is a realistic promise that business associates and others should anticipate.
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Refer to the above diagram of the market for corn. If the price in this market is $2 per bushel, then there will be? (The graph and answer choices are in the picture below)
If the price in this market is $2 per bushel, then there will be a shortage of about 8,000.
What is a shortage?A shortage occurs when the price of a good is below the equilibrium price. This would result in the quantity demanded of the good to be in excess of the quantity supplied.
Equilibrium is the point on a graph where the quantity demanded is equal to the quantity supplied. $2 is below the equilibrium price of $3, thus, there would be a shortage.
Shortage = quantity demanded - quantity supplied.
$12,000 - $4,000 = $8,000
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Write a solution to each scenario
1. Julio,Liza, and Jon must prepare a report, but Jon hasn't done his share.
2. Regeena's boss likes her work but she 's always late in spite if being warned.
3. Lucie thinks her boss is being unfair because he gives her morw work than he gives her co-workers.
The solution that would have to be done in all of the situations that we have here would be:
The solution that would be done here is to find out why Jon has not done his then try to offer him assistance to get the job doneGiven that Regina is always late despite being warned, the boss has to find out the reason for her lateness and if she still continues, it may cause her to have a probation at work.Lucie would have to speak to her boss on the volume of work that she gets.How to deal with situations in the work placeIn the work place, it would be best if the people that are in a particular work environment are able to work in a way that they would avoid all forms of conflicts that may arise.
This would have to do with putting up all of the attitudes that has to do with coming early to work, showing respect and being eager to learn.
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when merchandise is returned for a refund or for credit to be applied to other purchases, the situation is called a(n)
When merchandise is returned for a refund or for credit to be applied to other purchases, the situation is called a(n) Credit to Accounts Receivable and Debit to Sales Returns.
Merchandising is any application that contributes to the sale of products to a retail consumer. At a retail in-store level, selling refers to showing a product that is available in an inventive way that stimulates customers to get a lot of things or products.
In retail commerce, visual display merchandising means that merchandise sales using product design, selection, packaging, pricing, and display stimulate customers to pay more. This includes disciplines and discounting, physical presentation of products and displays, and therefore the choices concerning which products ought to be conferred to which customers at what time. typically in a retail setting, creatively attachment to connected products or accessories could be a good way to entice consumers to purchase more.
Merchandising helps to grasp the normal associate degreealysis|qualitative analysis} notation for the terms of payment of an invoice.[clarification needed] Codified discounting solves evaluation issues together with markups and markdowns.
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What do Macabacus’ Error Wrap shortcuts do?
Answer:Adjust formulas of selected cells to replace errors from existing formulas with custom error messages or values using an IFERROR wrapper
Explanation:
A reporting relationship in which an employee receives orders from, and reports to only one supervisor is known as:
Answer:
According to the concept of unity of command, each level of the organizational hierarchy has only one supervisor who is responsible for each employee. This holds true even if a collection of individuals leads the organization's top. Consider being the CEO of a Silicon Valley-based technology company as an illustration. While the board of directors of your company oversees policy-making and strategic planning, you solely report to the chairman of the board in accordance with the unity of command principle. however, have a supervisor for your unit who reports to her department manager. The vice president of operations, who reports to the CEO, is the department manager's superior. The board of directors' chairman is the CEO's subordinate.
Answer:
unity of command
Explanation:
Being accountable and answerable to more than one supervisor is never liked by the employees. Unity of Command is the one business management theory that resolves this issue.
According to the Principle of Unity of Command, there shouldn’t be a group of supervisors for a single subordinate or a single team working for a company.
For example, the HR team of a company will have just one supervising head instead of two or three to have an orderly set up in the work atmosphere. With the help of the Unity of Command principle, there is a proper hierarchy that is set in the company.
How to make money online
Answer:
forest ,crypto and bit coin
The following information relates to Wildhorse Co. for the year 2022.
Retained earnings, January 1, 2022
Dividends during 2022
Service revenue
Salaries and wages expense
Your answer is incorrect.
$51,840
5,400
Net income/(loss) $
67,500
30,240
After analyzing the data, compute net income.
Advertising expense
Rent expense
Utilities expense
Other comprehensive income (net of tax)
$1,940
11,230
3,350
430
The net income is given as $20,740.00, the comprehensible income is given as $21,170.00
What is net income?This is the term that is used to refer to the earnings that would be made from a business minus the cost that was incurred for the business.
How to solve for the net incomeThe net income is given as the revenue - expenses.
The revenue = $67500
other expenses would be = salary + advert + rent + utility expenses
This is given as
30240.00 + 1,940.00 + 11,230.00 + 3,350.00 = 46,760.00
The net income = $67500 - 46,760.00
= $20,740.00
The comprehensible income is given as $20,740.00 + 430 = $21,170.00
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A one-on-one marketing appointment, whether
In a one-on-one marketing appointment, there is no need to report to Unitedhealthcare or CMS; instead the consumer must provide scope of appointment agreement prior to the start of the appointment.
What should be done in a one-on-one marketing appointment?Normally, marketing sales/ events in the medical industry should be reported to unitedhealthcare or cms but there is an exclusion for one-on-one-marketing appointments.
These one-on-one-marketing appointments are still to be considered marketing sales/events but this time, there is no need to report them to CMS or even unitedhealthcare. To be sure that the meeting adheres to code however, there is a need for the consumer to provide a scope of appointment.
Full question is:
A one-on-one marketing appointment, whether in-person or telephonic, is always considered a marketing/sales event, but it is not reported to unitedhealthcare or cms; instead the consumer must provide ___________________ agreement prior to the start of the appointment.
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The three typical behavioral theories
The four theories of health behavior that are most widely used are the Theory of Planned Behavior, the Health Belief Model, and the Transtheoretical Model/Stages of Change.
The relationship between three Behavior different types of behavior theory introspection-based, behavioristic, and sociological is examined in this essay. The idea that mentalistic notions are theories concepts that are contextually defined inside physicalist theories, as well as Ryle's attempt to reduce mentalistic to dispositional concepts, are explored and disproved.
Because (b) and (c) assume Verstehen as a way of cognition and norm-relevance as a guiding principle of classification, it is believed that all three categories of behavior theory cannot be reduced to the physicalist paradigm theories.
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Kraft Heinz fired many older, more experienced employees and hired younger, less experienced ones who may not have developed a problem-solving approach for accomplishing the goals, called
a. self-set goals.
b. specific goals.
Incorrect
c. task strategies.
c. intensity.
e. direction.
Kraft Heinz fired many older, more experienced employees and hired younger, less experienced ones who may not have developed a problem-solving approach for accomplishing the goals, called specific goals.
Employees utilise a problem-solving approach as a tool to better comprehend their difficulties and provide the best answers possible. By assisting people in overcoming outdated or binary ways of thinking, they enable them to come up with more creative ideas.
Approaches to problem-solving are necessary for productive employees since they enable people to address any challenge effectively and methodically. Employees that use problem-solving techniques are more likely to come up with original solutions that go to the source of the issue so they can do previously challenging activities more readily in the future. The time that has been saved can then be used by employees to complete more tasks during the workday.
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PathwayU uses series of assessments that connect students with potential career
paths and interests.
True
False
The given statement is false, Pathway uses a sequence of reviews that connect researchers with potential career paths and interests.
What are the results of the career pathways?These career pathway programs are designed to get students ready for high-paying, high-skill positions in developing or expanding local or regional industry sectors.
A career cluster's smaller subset of professions that have similar abilities is known as a false career pathway. There are various career trajectories within each career cluster. A career pathway allows you to start in a lower-lever job and advance along it as you gain knowledge and experience.
Several kind of career tests?Career/Work Personality Test. Test of motivation based on desire or interest. Ability tests.
Personality evaluation
IQ or intelligence tests.
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If a food-contact surface is in constant use, it should be cleaned and sanitized at least every
Answer: four hours
Explanation:
a check issued to a creditor in the amount of $35 was recorded in the journal as $350. in the bank reconciliation, the correction would be recorded as a(n)
A $35 check that was written to a creditor was entered in the journal as $350. The correction would be shown as an increase to the cash ledger balance in the bank reconciliation.
What is bank reconciliation?A bank reconciliation is a procedure carried out by a business to confirm the accuracy of its records (such as the check register, general ledger account, balance sheet, etc.). This is accomplished by contrasting the quantities recorded by the business with those displayed on the bank statement. Any discrepancies must be explained. Accountants describe the bank statement as reconciled when there are no unexpected variances.
An essential component of a company's internal controls over its assets is the bank reconciliation. It must be carried out by someone other than an authorized check signer or record keeper in order to be effective.
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Ruth has deposited all her saving $100,000 in a bank account which
pays 6% interests compounded quarterly.
Ruth plans to withdraw equal amounts from her saving account at the
end of each quarter in the next two years to pay for her study costs.
Assume that Ruth will make her first withdrawal in next quarter, what is
the most Ruth can withdraw quarterly?
Based on the amount that Ruth deposited in the bank account and the interest rate, the most that Ruth will be able to withdraw quarterly is $13,358.40.
How to find the amount withdrawable?Ruth will withdraw equal amounts over the next two years which means that these amounts can be considered to be annuities.
The $100,000 is therefore the present value of the annuity and the interest rate of 6% is the annuity interest.
The rate of 6% is compounded quarterly so the quarterly rate is:
= 6%/4 quarters per year
= 1.5% per quarter
The number of periods is:
= 2 years x 4 quarters per year
= 8 quarters
The amount that Ruth can withdraw is:
= Present value of annuity / (1 - ( 1 + rate)^-number of periods) / rate
= 100,000 / (1 - ( 1 + 1.5%) ⁻⁸) / 1.5%
= $13,358.40
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• Describe the connection between systems thinking, projects, and corporate strategy.
• Describe an example of how an event, negative or positive, can grow into a vision or strategy by using feedback, loops, and labels.
There is a connection between systems thinking, projects, and corporate strategy. As, companies do need to develop strategies which can ensure their long-term competitive capacity, especially in the turbulent environments.
Systems thinking, which is much like the design thinking. It also requires the time and possibly research budget in order to fully explore the patterns, structures, and cycles which helps on creating a system map or an hypothesis.
Companies do often tend to lack a systemic approach to their strategy development process, so it is important for them to develop strategies which ensure long-term competitive capacity, especially in turbulent environments.
Hence, an event, negative or positive, can grow into a vision or strategy.
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a manager who takes credit for the work his/her employees perform without giving credit to the person(s) who actually did the work is acting in a(n) manner.
A manager who takes credit for the work his/her employees perform without giving credit to the person(s) who actually did the work is acting in a(n)unethical manner.
Why do people engage in unethical manner?
Therefore, communication has ethical bounds because it is a powerful tool. Ethical communication is communication that aims to enhance interpersonal relationships or modify society's moral values. It is unethical to use communication to sabotage relationships or promote social immorality.
Unethical manner can be defined as actions that are against social norms or acts that are considered unacceptable to the public.
Examples of Unethical Behavior
Using Misfortune to Your Advantage. In English, the expression "kicking somebody while they're down" is used to describe this unethical behavior.
Overcharging customers, lying, accepting kickbacks, and making cash under the table are all unacceptable.abuse of animals, child labor, and other issuesPolitical activism is being repressed.To learn more about unethical manner refer to:
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Some reasons unethical business practices happen are
career advancement
confusion
Ogreed
unintentional lack of awareness
Damion, a single dad who will use the head of household filing status, has three children, Dominic (5), Julian (9), and Elijah (16). Damion's adjusted gross income is $72,000, and his 2021 tax liability is $6,103. All three children have valid social security numbers, a U.S. citizens, and are his qualifying child dependents. Damion did not receive any advance Child Tax Credit payments during the year. Neither Damion nor the children's mother have ever signed Form 8332, Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent. What amount is Damion able to claim for the total of his Child Tax Credit and credit for other dependents when he files his 2021 return?
A. $6,103
B. $6,000
C. $9,000
D. $9,600
The amount Damion would be able to claim for the total of his Child Tax Credit and credit for other dependents when he files his 2021 return is $9600. The correct option is d.
What is the calculation and what is Child Tax Credit?Damion's adjusted gross income = $72,000
2021 tax liability = $6,103.
The amount is Damion able to claim = $9600
The Child Tax Credit program can reduce the Federal tax you owe by $1,000 for each qualifying child under the age of 17. Important changes to the Child Tax Credit will help many families receive advance payments of the credit starting in the summer of 2021. There are eligibility requirements for the taxpayer and the dependent. The taxpayer must meet certain relationship requirements with the dependent, and the taxpayer's income may limit their ability to claim the Child Tax Credit.
The taxpayer must have a social security number, and only one taxpayer may claim the Child Tax Credit for any single dependent.
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what might shift the aggregate-demand curve to the left? use the model of aggregate demand and aggregate supply to trace through the short-run and long-run ef- fects of such a shift on output and the price level.
When overall consumer spending declines, the aggregate demand curve typically moves to the left.
Elaborate on shifts in Aggregate Supply and Demand in the AS-AD Model.Every expansionary policy tends to move the aggregate demand curve to the right, and every contractionary policy tends to move it to the left. However, because long-term aggregate supply is set by the elements of production in the long run, short-term aggregate supply shifts to the left, meaning that any change in aggregate demand merely affects the level of prices.
A short-run aggregate supply curve shift is far less common than an aggregate demand curve shift. The aggregate supply curve only changes in the short run in response to the aggregate demand curve. However, the short-run aggregate supply curve moves in response to a supply shock without being prompted by the aggregate demand curve. Fortunately, the correction procedure is the same whether the aggregate supply curve shifts in the short run or the aggregate demand curve shifts. That is, a short-run equilibrium exists where the short-run aggregate supply curve intersects the aggregate demand curve when the short-run aggregate supply curve shifts. When the aggregate demand curve intersects both the short-run and long-run aggregate supply curves, it has moved along the short-run aggregate supply curve. When the economy finds this new long-run equilibrium, the output is unaffected but the price level changes.
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the three uses of marketing research are (1) identifying market opportunities and problems, (2) generating, refining, and evaluating potential market actions, and (3) monitoring stock market performance. true false
The three uses of marketing research are (1) identifying market opportunities and problems, (2) generating, refining, and evaluating potential market actions, and (3) monitoring stock market performance : True.
Give a brief account on marketing research.Marketing research is the methodical gathering, logging, and analysis of qualitative and quantitative data about issues pertaining to the marketing of goods and services. The goal of marketing research (MR) is to give management information about the market that is current, pertinent, accurate, dependable, and legitimate. Marketing research must give reliable information due to the competitive nature of the industry and the rising costs associated with bad decisions. Sound judgment, intuition, or even pure feeling, are not the foundations of good decisions.
This entails defining the data needed to address these concerns, devising the information collection strategy, and overseeing and putting the data collection process into practice. These outcomes and conclusions, together with their ramifications, are communicated to those with the authority to take action on them after data analysis.
A series of commercial tasks, including market research, marketing research, and marketing, are occasionally conducted unofficially.
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What is the price of a two year bond with a 9% annual coupon and a yield to maturity of 8%?
answer is attached to this ☝️☝️☝️☝️
hope it helps you