The amount of these expenditures can holly deduct as a business expense is $185
The cost of entertainment is not deductible ($370 × 50% = $185).
Costs incurred in the regular course of business are referred to as business expenses. They can be used by both big and small businesses. The income statement includes expenses related to the business. To determine a company's taxable net income, business expenses are deducted from revenue on the income statement.
Deductions for office supplies, credit card processing costs, tax preparation costs, and equipment and property upkeep are also available. Still, you can write off a portion of other company costs by depreciating them or amortizing them over a period of time.
Learn more about business expenses here:
https://brainly.com/question/20397641
#SPJ4
when we developed the idea of leadership by lottery in class, we found that leadership by lottery creates what? (class) group of answer choices better members worse organizations (in terms of financial performance) better leaders worse leaders better organizations (in terms of financial performance)
Business leadership is the process by which people make decisions, establish goals, and give direction in a workplace setting. Although there are many distinct types of business leadership, most often the rest of the team is led and motivated by the CEO or other senior personnel.
Explain about the idea of leadership?Leaders set the example and motivate followers to uphold moral principles in order to grow. To do this, they create a vision that inspires individuals to strive toward it and then urge and motivate others to do the same. They also organize, coach, and supervise the direct or indirect delivery of the vision through their teams.
Business leadership refers to an organization's management's capacity to set and attain challenging objectives, act quickly and decisively when called upon, outperform the competition, and inspire staff to work to the best of their abilities.
A key management responsibility is to direct an organization's resources toward improved effectiveness and goal achievement. Effective leaders set clear objectives and inspire and guide their staff to achieve the objectives of the organization.
To learn more about idea of leadership refer to:
https://brainly.com/question/1232764
#SPJ4
markets distribute production across companies in a way that: minimizes costs. maximizes production. maximizes the number of firms. minimizes production.
The distribution of production by markets across companies is done in such a way that it minimizes costs.
How is production distributed?Production in a market is distributed according to the various companies in the market. The goal of this production is to minimize costs that are incurred by the companies in being able to provide goods and services. There are two reasons why the costs in a market need to be minimized and they both relate to ensuring that the customers are at an advantage.
The first reason for the reduced cost is that companies can be able to produce more goods and services because they will spend less per unit produced. This is therefore good for the market at large with consumers getting more goods. Lower costs also mean lower prices for consumers which is good for them once again.
Find out more on minimizing costs at https://brainly.com/question/10110929
#SPJ1
in general, the higher the capital-to-labor ratio: question 21 options: a) the higher the productivity. b) the lower the rate of investment. c) the lower the productivity. d) the lower the wages.
When there is a higher capital-to-labor ratio, this will result in higher productivity. Hence, Option A is correct.
What is higher productivity?
Higher output from the same amount of input is a sign of higher productivity. It denotes a greater economy's or company's ability to convert resources into goods efficiently. We can therefore produce more with less if productivity increases.
When the same number of inputs are used to produce the same amount of output but with greater output or less inputs, productivity increases. Higher capital-to-labor ratios will lead to higher levels of productivity.
Therefore, Option A is correct.
Learn more about higher productivity from here:
https://brainly.com/question/16824029
#SPJ1
true or false: the private market can solve this problem by broadcasting downton abbey on cable tv, since then the good would be excludable and thus no longer a public good.
True.
The private market also could solve the issue by forcing people to watch commercials embedded in the program. Because the existence of cable TV makes the good excludable, it is no longer a public good.
What is private market ?Private markets are investments in assets that are not traded on a public exchange or stock exchange. This could include private equity (investments in private companies) or private debt (investments made directly to borrowers where there is no market to trade that debt on).Private markets are attractive for three reasons: potential return enhancement, inflation protection, and diversification. Most alternative investments provide some combination of these three desirable characteristics.To learn more about private market refer to :
https://brainly.com/question/14529338
#SPJ4
harrison is retiring from a local bakery that has been in his family for four generations. because he does not have an heir to whom he can pass the bakery, he is selling it to a young couple. when they meet to discuss the transfer of the business, what are some things that harrison should share with the new owners about the success of his business?
Harrison should share the culture of the company through stories, rites, and rituals.
This will indicate to the new owners the work culture that has been adopted at the company and how competent are the employees.
Hearing the pride in Harrison's voice for the success that has been achieved at the company would give confidence to the new owners that they can also run a profitable business like him.
The young couple would feel more comfortable in their decision to buy the bakery.
Company culture is the way you do what you do within the administrative center.
It's the sum of your formal and informal systems and behaviors and values, all of which create an experience for your personnel and clients.
In its middle, corporation subculture is how matters get performed around the place of the job.
Learn more about the company here: https://brainly.com/question/26106218
#SPJ4
which of the following statements about fee-for-service reimbursement is incorrect? group of answer choices a. payment may be cost based. b. payment may be charge based. c. payment may be on a prospective basis (specified beforehand). d. payment may be based on the number of covered lives. e. payment may be on a per visit basis.
The correct option will be D) Payment may be based on the number of covered lives.
FFS is a payment model in which doctors, hospitals, and medical practises charge separately for each service provided. The patient or insurance company is responsible in this model for paying whatever the healthcare provider charges for the service.
Although fee-for-service models are not completely out of the healthcare industry, value-based care models are making inroads. Patients can expect to see VBC models becoming more popular as a result of government support as a result of Medicare and ACA regulations (via the Centers for Medicare & Medicaid Services, or CMS).
To know more about "free-for-service reimbursement" refer to this link:
https://brainly.com/question/28198103?referrer=searchResults
#SPJ4
in myanmar (formerly burma), 6 laborers, each making the equivalent of $6 per day, can produce 40 units per day. in rural china, 10 laborers, each making the equivalent of $4 per day, can produce 45 units. in billings, montana, 2 laborers, each making $120 per day, can make 100 units. based on labor costs only, which location would be most economical to produce the item?
China is most economical. Thus, comparing all the three places it can be said that China is the most economical place for producing the units.
What are the types of production in economics?Resources that are used to produce commodities and services are known as factors of production. They constitute the foundation of the economy. Land, labor, capital, and entrepreneurship are the four groups into which economists divide the components of production.
The proceeds from market production are used to fund both public and domestic production. In order to produce goods and services and to generate income, market production plays two roles in the creation of well-being.
What are the 3 types of production?Job production, in which each item is created separately and is completed before the next one is started.Batch production, in which a number of objects are created simultaneously.flow production, which involves producing uniform, standardised goods on a production line.To learn more about production in economics visit:
https://brainly.com/question/28548812
#SPJ14
What option does a licensed driver in the state of virginia have instead of purchasing liability insurance?.
Instead of purchasing liability insurance, a licensed driver in Virginia has the choice to pay an uninsured motorist vehicle fee.
In Virginia, it is considered illegal to drive a car without paying at least the minimum amount of liability insurance as required by law. It is a legal requirement in Virginian that licensed drivers have to purchase a minimum amount of auto insurance coverage for registered vehicles.
But licensed drivers in Virginia also have an option to legally drive the car without the purchase of liability insurance. In that case, the licensed drivers are required to pay an uninsured motor vehicle fee. The uninsured motorist vehicle fee makes it legal for the liscened drivers to drive the vehicle on road and thus avoids penalty.
You can learn more about car insurance at
https://brainly.com/question/20363364
#SPJ4
2. hunter, inc. analyzed its accounts receivable balances at december 31, and arrived at the aged balances listed below, along with the percentage that is estimated to be uncollectible: aging group balance in a/r probability of non-collection 0-30 days past due $90,000 1% 31-60 days past due 20,000 2% 61-120 days past due 11,000 6% 121-180 days past due 6,000 10% over 180 days past due 5,000 25% the company handles credit losses using the aging of accounts receivable method. the credit balance in the allowance for bad debt (abd) account is $820 on december 31, before adjusting entries. the adjusting entry for estimated bad debt on december 31 will include: a) a debit to allowance for bad debt for $3,810 b) a credit to allowance for bad debt for $3,810 c) a debit to allowance for bad debt for $2,990 d) a credit to allowance for bad debt for $2,990
Adjusted balance in Allowance account required - CREDIT $3,810, Unadjusted balance in Allowance account existing - Credit (Debit) $820 and Bad Debt Expense [Adjusted balance - Unadjusted balance]$2,990
What is Bad Debt Expense?
When a receivable is no longer recoverable because a client is unable to fulfil their responsibility to pay an outstanding debt owing to bankruptcy or other financial troubles, a bad debt expense is reported. Companies that give credit to their customers disclose bad debts on their balance sheets as an allowance for uncertain accounts, often known as a provision on credit losses. Bad debt charges are often recorded on the income statement as a sales and general administrative expense. Recognizing bad debts reduces accounts receivable just on balance sheet, however businesses maintain the right to collect payments if circumstances change.
To learn more about Bad Debt Expense
https://brainly.com/question/24871617
#SPJ4
A share of stock with a beta of 0. 75 now sells for $50. Investors expect the stock to pay a year-end dividend of $2. The t-bill rate is 4%, and the market risk premium is 7%. Suppose investors believe the stock will sell for $52 at year-end. Calculate the opportunity cost of capital. Is the stock a good or bad buy? what will investors do? at what price will the stock reach an "equilibrium" at which it is perceived as fairly priced today?.
An investor is a person or a group of people who invest money in the hope of someday making a profit. This inclusive definition covers everyone from Wall Street institutions to family members who lend money to one another to startup incubators.
What is an investor, for instance?Whether the real return will be higher, lower, or the same as the needed return (opportunity cost of capital) will determine what the investors will do.You may determine the actual return by utilizing the holding period return, which is;= (Earnings(Dividends) + (Ending Stock Price - Beginning Stock Price))/Beginning Stock Price
= (2 + (52 - 50))/50
= 4/50
= 8%
The CAPM can be used to determine the Opportunity Cost of Capital.= Risk Free Rate + beta(Market Premium)
= 4% + 0.75(7%)
= 9.25%
The stock is a bad buy since the Opportunity Cost of Capital exceeds the Actual Return on the stock. Investors won't buy anything.To Learn more About investor refer to:
https://brainly.com/question/25311149
#SPJ4
you are trying to price two bonds that have the same maturity and par value but different coupon rates and different required rates of return. both bonds mature in 3 years and have par values of $1000. one bond has a coupon rate of 7% and a required rate of return of 7%. the other bond has a coupon rate of 5% and a required rate of return of 5%. what is the absolute value of the difference between the price of these two bonds?
As the coupon rate and required rate of return are the same on both bonds, the bonds will be issued at the par value of $1,000. Therefore, the absolute value of the difference between the price of the two bonds will be $0 (1,000 - 1,000).
In marketing, a chit is a price tag or file that can be redeemed for an economic discount or rebate when buying a product. Customarily, coupons are issued by way of manufacturers of client packaged goods by means of stores, for use in retail shops as part of income promotions. They are regularly extensively distributed through mail, coupon envelopes, magazines, newspapers, the net (social media, electronic mail newsletter), directly from the store, and mobile devices together with mobile phones. The big apple instances said that "more than 900 producers' coupons had been disbursed" in line with family, and that "America Department of Agriculture estimates that 4 households in five use coupons.
Learn more about coupon here
https://brainly.com/question/24279416
#SPJ4
which of the following must be considered when applying the gross profit method? (select all that apply.) multiple select question. the shipping terms utilized for the purchase and sale of inventory items. the inventory cost flow assumption used by the company. conditions that may have changed the current year gross profit margin.
The gross profit method uses current period data on net sales and cost of products available for sale along with the company's historical gross profit percentage to estimate inventory value.
Net sales minus cost of goods sold = gross profit. Cost percentage reliability is the secret to getting accurate forecasts when using the gross profit approach. The cost percentage will be understated and ending inventory will be overstated if it is too low. Under the accounting principle known as first-in, first-out (FIFO), assets that are bought or acquired first are also the first to be sold. Under FIFO, the inventory that is still on hand consists of the products that were purchased last. LIFO is an accounting technique that is an alternative to FIFO, in which assets purchased or acquired last are retired first.
Learn more about Profit here:
https://brainly.com/question/11476624
#SPJ4
customer service is a key attribute of sharon's shoe shop. sharon expects all of her employees to provide excellent service, and her performance appraisals go over this area in detail. which criterion for effective performance is sharon using?
Customer service is a key attribute of Sharon's shoe shop. The criterion for effective performance is Sharon using Fit with strategy.
Customer service is the support and advice that a company provides to people who purchase or use its products and services. Different industries require different levels of customer service, but ultimately, the idea of well-delivered service is to increase revenue. formed in the ages. This gave rise to the customer service he is known for today. It is very interesting to look back in history and see how this industry has evolved.
Inform you and your employees about the products you sell. Respond to customer questions and respond quickly (even if it's negative feedback). Do whatever it takes to make your customers happy and feel special.
Learn more about Customer service https://brainly.com/question/1286522
#SPJ4
which of the following are advantages of the corporate form of organization? (select all that apply). multiple select question. ability to accumulate large amounts of capital limited liability simplicity of its structure low cost of establishment transferability of ownership
There are several advantages to forming a business, including limited personal liability, comfortable request transfer, business continuity, improved access to capital, and (depending on the corporation structure) occasional tax benefits.
What is the corporate form?A company that is organized in corporate form is able to function independently of its owners. In many states, one or more people may operate a company in the corporate form of business. In general, the choice of corporate form distinguishes between two types of company structures: limited companies and partnerships. The decision is whether the company's owners will be personally liable for the company's debt or will not be. Corporations are owned by shareholders who invest money in the company by purchasing stock. The percentage of stock they own determines how much of the corporation they own.
To learn more about corporate form, refer to:
https://brainly.com/question/23271906
#SPJ4
suppose that the benefit to a community of cleaning a polluted lake is $100000 and it will cost $120000 to clean it. what can we expect to happen? multiple choice question.
As a result of the fact that the benefit to the community to clean the polluted lake is $100, 000 but the cost is $120, 000, we can expect that The lake is not cleaned since the cost exceeds the benefit.
What happens when cost exceeds benefit?When the cost of doing something exceeds the benefit of doing it, then the thing will most likely not be done. This is because human beings are rationally minded and so usually try to do things that would give them a net marginal benefit. They can only get a net marginal benefit if the benefits of doing something is more than the cost of doing that thing.
In this scenario, the cost of cleaning up the polluted lake is $120, 000 while the benefit of cleaning up the lake is $100, 000. The benefit is therefore less than the cost to clean so we can expect that the community would not clean up the lake.
Options for this question include:
The lake is cleaned since the benefit exceeds the cost.The lake is not cleaned since the cost exceeds the benefit.Find out more on benefit v. cost at https://brainly.com/question/28281845
#SPJ1
austin's total fixed cost is $3,600. austin employs 20 workers and pays each worker $60. the average product of labor is 30, and the marginal product of the twentieth worker is 12. what is the marginal cost of the last unit produced by the last worker austin hired?
$5 is the marginal cost of the last unit produced by the last worker austin hired.
Given that,
Total fixed cost = $3,600
Number of workers employs = 20
Wages = $60 per worker
Average product of labor = 30
Marginal product of twentieth worker = 12
The cost that has increased in order to produce an extra unit of a commodity is referred to as the marginal cost.
The production opportunity cost is known as marginal cost.
we can calculate the marginal cost of the last unit produced by the twentieth worker is:
= Wages per worker ÷ Marginal product of twentieth worker
= $60 ÷ 12
= $5
learn more about marginal cost here
https://brainly.com/question/7781429
#SPJ4
if actual aggregate output is less than potential output, then the: please choose the correct answer from the following choices, and then select the submit answer button. answer choices long-run aggregate supply curve will shift to the left. long-run aggregate supply curve will shift to the right. short-run aggregate supply curve will shift to the left. short-run aggregate supply curve will shift to the right.
The short-run aggregate supply curve swings to the right as nominal wages decline.
When the economy is on the short-run aggregate supply curve and to the right of the long-run aggregate supply curve, actual aggregate output will eventually equal potential output as nominal wages decline and the short-run aggregate supply curve shifts to the right.
Every economy experiences short-term fluctuations in GDP as it enters or exits recession.
To know more about short run visit here :
https://brainly.com/question/13793051
#SPJ4
at the end of the day, the cash register tape shows $1,180 in cash sales, but the count of cash in the register is $1,235. the proper entry to account for this excess is:
At the end of the day, the cash register tape shows $1,180 in cash sales, but the count of cash in the register is $1,235. the proper entry to account for this excess is: $55
What is Credit sales?Generally, Credit sales are purchases in which the buyer agrees to pay the seller the whole amount owing at a later time.
Customers that do not pay for their items in whole and in cash at the time of purchase are said to have made a credit sale.
In conclusion, The following entry is the correct one to make to account for the excess:
Cash withdrawal of $1235
Credit sales $1180
credit for cash over and short.
=1235-1180
credit for cash over and short.
=55
$55 is owed in credit for cash over and short.
Therefore, the third choice is the right one.
Read more about Credit sales
https://brainly.com/question/14279491
#SPJ1
you just got a promotion and it came with a 25% raise in salary. you now sell your 2 old cars that you owned and buy 4 new ones. please calculate your income elasticity?
There are two income elasticities – one is for old car and the other is for new car. Income elasticity for old car = %change in QD / %change in income .
What is Income elasticity ?
The amount of a given product that is requested relies on factors other than only its price (see elasticity of demand) and the prices of related products (see cross price elasticity of demand). One such element is income.
What are some income elasticity example?
A negative 50% change in demand, or a drop of 5,000 divided by the starting demand of 10,000 automobiles, is multiplied by a 20% change in real income, or the $10,000 change in income divided by the initial value of $50,000, to determine the income elasticity of demand.
To know more about Income elasticities from the given link https://brainly.com/question/17101329
#SPJ4
evaluation and control process can be defined as: question 7 options: determining how well the organization is meeting its goals annual reviews of employees' work efforts correcting problems within the company monitoring the use of technology predicting this year's sales figures
To make sure that performance levels don't deviate from the desired levels, evaluation and control should be regularly checked.
The process of evaluating a given strategy's efficacy in accomplishing organizational goals and taking appropriate corrective action when necessary is known as strategic assessment and control. By creating crisis management teams and contingency plans, control may be exercised.
Therefore, it's crucial for organizations to have evaluation and control systems in place to aid in tracking their performance. Establishing a strategic control mechanism as part of management allows firms to reconsider their strategies and move quickly in the event of unanticipated or undesirable results.
Evaluations also assist in identifying areas that require improvement and the steps required to get performance back in line with organizational goals. You attempt to take charge by putting strategies into place to help you get back on track after you have successfully evaluated the modifications necessary.
To learn more about evaluation
https://brainly.com/question/28873131
#SPJ4
pete works for a telecommunications firm. his job is to go out and try to find new customers, which can also involve acquiring existing customers from competitors. pere's type of sales position is most accurately described as a(n)
pere's type of sales position is most accurately described as a Multiple Choice management salesperson.
Sales management contains hiring, training and inspiring the sales team, predicting sales and setting sales goals, and developing practical systems for managing leads and improving sales.
Why is the sales managers role so important to a company's success Mcq?Sales manager's role is one of the considerable involved role in the corps, they need to manage their target, recruit , encourage and train the sales people, manage the operation process, handling complaints, execute marketing techniques and be a customer promoters and compliance officer, the list can go on and on.Ability to Predict Sales Goals Based on Analytics.Strategic Thinking and Planning Mastery to Implement Sales Plans.Capacity to Coach, Mentor, and Motivate Salespeople.Knowledge to Delegate Responsibilities.Proficiency to Communicate.Sales management contains hiring, training and inspiring the sales team, predicting sales and setting sales goals, and developing practical systems for managing leads and improving sales.To learn more about : Salesperson
Ref : https://brainly.com/question/25743891
#SPJ1
a worksheet can be thought of as an: a. part of the general ledger b. permanent accounting record c. optional device used by accountants d. part of the journal
A worksheet can be thought of as an part of the general ledger. A ledger is a physical or digital record that contains entries for bookkeeping.
What is ledger?A ledger is a physical or digital record that contains entries for bookkeeping. For one account, one type of transaction, or—in the case of a general ledger—summarized data for all of a company's financial activities throughout a time period, ledgers may contain detailed transaction information. A ledger is an accounting book or group of books where account transactions are noted. Each account has a beginning or carry-forward balance, as well as the ending or closing balance, and would record each transaction as either a debit or credit in distinct columns.A worksheet used by the accounting division to model and analyze account balances is known as an accounting worksheet. For checking that accounting entries are obtained accurately, a worksheet is helpful. Tracking changes to an account from one period to the next can also be useful.
To learn more about ledger refer to:
https://brainly.com/question/17143087
#SPJ4
if tom has a monthly income of $3,000 and his wife's monthly income is $3,500, what is the estimated maximum loan payment they would qualify for under the fha guidelines?
Important FHA Borrower Requirements
A minimum FICO® score of 580 equals a 3.5% down payment.
10% down payment for a FICO® score between 500 and 579.
Mortgage Insurance Premiums, or MIP, are necessary.
43% debt-to-income ratio.
The borrower's primary residence must be the property.
Borrower must be employed and provide employment verification.
What determines FHA eligibility?A minimum credit score of 580 is required for FHA loans in order to qualify for a 3.5% down payment. You could be eligible for an FHA loan with a 10% down payment if your credit score is between 500 and 579. An average credit score for conventional loans is 620 or higher.
You were most likely turned down for an FHA loan for one of three reasons: poor credit, a high debt-to-income ratio, and a lack of overall funds to meet the down payment and closing charges.
3.5% down payment, a 43% debt-to-income ratio, and a 580 credit score are all minimal requirements for an FHA loan. In actuality, a credit score as low as 500 is acceptable when applying for an FHA loan. However, if it is between the range of 500 and 579,
To learn more about FHA eligibility refer to:
https://brainly.com/question/1191495
#SPJ4
emma purchased two call option contracts on vergara stock with a strike price of $18.50 when the option was quoted at $.78. the option expires today when the value of vergara stock is $19.45. ignoring trading costs and taxes, what is the net profit on this investment?
The net profit for Emma on this investment is calculated to be $0.17
Call option can be described as an option to buy by paying for a call premium. This option is used when the strike price is less than the current market price. In this problem, the strike price is $18.50 and the premium is $0.78 whereas the current market price is $19.45. The option buyer can exercise the contract by purchasing the stock at a lower price and selling at the current market price to gain a profit.
The gain can be calculated as;
Gain value = Current price - Strike price
Gain value = $19.45 - $18.50
Gain value = $0.95
Now we subtract the premium cost from this value to calculate the net profit as follows;
Profit = Gain value - Call premium
Profit = $0.95 - $0.78
Profit = $0.17
Therefore, the net profit on this investment is $0.17
To learn more about strike price; click here:
https://brainly.com/question/15571230
#SPJ4
a trust is a(n): group of answer choices form of property ownership created by the common law that prevents people from stealing inheritance money from their co-inheritors form of property ownership created by the common law that combines the legal and beneficial ownership of property form of property ownership created by the tort law that separtaes the legal and beneficial ownership of property a form of property ownership created by the common law that separtates the legal and beneficial ownership of property none of the other choices are correct
Form of possessions ownership created by the standard law that separates the legal and practical ownership of property
What is possessions ownership?Ownership is the legal possession and control of property, which can be any tangible or intangible asset. Ownership can involve multiple rights, referred to collectively as title, that can be separated and held by different parties. Ownership entails absolute rights and a legal claim to an object. It means that the owner owns the object. Possession is more about having physical control over an object. A car owner, for example, could lend it to someone else to drive. That driver would then be the owner of the vehicle. However, simply lending the car to someone else does not transfer ownership.To learn more about ownership, refer to:
https://brainly.com/question/25734244
#SPJ4
steven operates a landscaping service on the accrual method. in september of this year, steven received a payment of $18,000 for 24 months of landscape services ($750 per month commencing on november 1st of this year). when must steven recognize the income if his accounting methods are selected to minimize income recognition?
If steven received a payment of $18,000 for 24 months of landscape services ($750 per month commencing on november 1st of this year). if his accounting methods are selected to minimize income recognition is : A. $1,500 is recognized in this year, $16,500 next year.
Determining the recognized incomeSince we were told that he received payment of the amount of $18,000 and as well received the amount of $750 per months starting from November 1 now let determine his recognized amount.
Recognized amount this year:
Recognized amount this year = Amount received in November × 2 months
Recognized amount this year = $750 × 2 months
Recognized amount this year = $1,500
Recognized amount next year:
Recognized amount next year = Amount received in September - Recognized amount in November
Recognized amount next year = $18,000 - $1,500
Recognized amount year = $16,500
Therefore the correct option is A..
Learn more about recognized amount here: https://brainly.com/question/26275324
#SPJ1
The complete question is:
Steven operates a landscaping service on the accrual method. In September of this year Steven received a payment of $18,000 for 24 months of landscape services ($750 per month commencing on November 1st of this year). When must Steven recognize the income if his accounting methods are selected to minimize income recognition?
A. $1,500 is recognized in this year, $16,500 next year.
B. $1,500 is recognized this year, $9,000 next year, and $7,500 in the last year or the contract
C. $18,000 is recognized this year
D. $9,000 is recognized this year and $9,000 next year
E. $18,000 is recognized in the last year of the contract
the dean of a business school is forecasting total student enrollment for next year based on the following historical data: year total enrollment 1 1600 2 2000 3 2200 4 2600 5 3000 what is 6th year's forecast using the naive approach? group of answer choices 2,200 2,800 none of the choices 2,000 3,400
Based on the latest observed data, the 6th year's forecast using the naive approach is 3000 total enrollment.
The naive approach in forecasting takes the value in the previous period and predicts that it will happen exactly the same.
Data from the problem:
Year total enrollment
1 1600
2 2000
3 2200
4 2600
5 3000
The last data is the data of the 5th year, that is 3000 students enrolled. Since the naive approach uses the latest observed data to predict the outcome for the 6th year, then the 6th year forecast is 3000 students enrolled.
Learn more about forecasting here:
https://brainly.com/question/24098912
#SPJ4
Marginal cost _____ over the range of increasing marginal returns and _____ over the range of diminishing marginal returns.
Decreases; increases.
Since marginal cost and product have an inverse relationship, marginal product will always be at its peak right when marginal cost is at its lowest. The inverse is also true, with marginal product reaching its lowest point while marginal cost rises to its highest point.
When marginal returns rise, what happens?When labor is increased by one unit while keeping all other inputs constant, the marginal product of labor calculates the change in output. Since specialization enables former employees to concentrate more on certain activities, which can boost efficiency, it is an indication that specialization is taking place when the marginal return to labor is increasing.When marginal returns are increasing, marginal cost decreases, and when marginal returns are declining, it increases. The marginal physical product of work has a relationship with marginal returns. When more units of input are used, the total output increases at a rising rate, this is known as increasing marginal returns.To learn more about Marginal returns refer to:
https://brainly.com/question/22778256
#SPJ4
g if the real exchange rate is 1, then there is a a. surplus of 100 so the real exchange rate will fall. b. shortage of 100 so the real exchange rate will rise. c. shortage of 100 so the real exchange rate will fall. d. surplus of 100 so the real exchange rate will rise.
g if the real exchange rate is 1, then there is a surplus of 100 so the real exchange rate will fall.
A change is a market in which securities, commodities, derivatives, and different monetary gadgets are traded. The middle feature of a change is to make certain truthful and orderly buying and selling and the green dissemination of fee facts for any securities buying and selling on that change. A change is a market in which monetary gadgets are traded. They may be both physical, just like the New York Stock Exchange, or only digital. By centralizing the shopping for and promoting of a specific instrument, the exchange's goal is to make buying and selling truthful for all and as green as possible. The term “change” has numerous definitions. At a simple level, it refers to the act of giving something if you want to get hold of every other issue of equal cost, together with changing coins for goods. In economic terms, it is able to talk to buying and selling one foreign money for its equal cost in every other foreign money.
Learn more about the exchange here
https://brainly.com/question/26349405
#SPJ4
inflation is an increase in group of answer choices the overall price level. real gross national product. the price of one item. the average income level.
Inflation is an increase in the overall price level. In the study of economics, inflation is the broadening of price increases across the board for goods and services in a community.
The price of the products and services that families purchase rises, which is referred to as inflation. The rate of change of such prices is used to measure it. Generally, prices increase with time, but they can sometimes decrease (a situation called deflation). The Consumer Price Index (CPI), which calculates the percent change in the cost of a selection of products and services that families typically use, is the most well-known measure of inflation.
Depending on the sorts of commodities and services, there are several techniques to measure inflation. Deflation, which denotes a general reduction in prices when the inflation rate goes below 0%, is the reverse of this phenomenon. Each unit of currency may acquire fewer products and services as the average price level rises, hence inflation is associated with a decline in the spending power of money.
Learn more about Economics here:
https://brainly.com/question/17996535
#SPJ1