The entry to record the purchase of goods on account is what results in the purchase of inventory being recorded. Journal entry for an acquisition of stock The first inventory purchase is being processed by the accounts payable system.
The corporation can create a journal entry for an inventory purchase under the periodic method by debiting the purchase account and crediting either the accounts payable or the cash account. The balance of the purchase account is typically on the debit side because it is a temporary account.
At the end of the time period, it will be utilized to calculate the cost of items. Therefore, it is important to accurately record journal entries for purchases, processing, and sales in order to account for inventory. To balance the financial statistics and maintain track of firm inventories.
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all about town is a chain of clothiers with locations in malls around the country. it maintains records on the average customer traffic at each location month by month, as well as sales at each facility, net profits for each, and so on. this type of record keeping is an example of a(n) system.
All About Town is a clothing retailer with locations in shopping malls across the country. It keeps track of average customer traffic at each location month after month, as well as sales, net profits, and so on. This is an example of an information technology system.
What exactly does customer traffic imply?The number of customers who enter your store is referred to as foot traffic in retail. In general, increased foot traffic leads to increased revenue. Sensors at store entrances are commonly used in retail traffic counting systems to count the number of visitors. Infrared technology is used to track customers entering and exiting the store by counting each time a beam is broken. Foot traffic data, also known as footfall data, is the number of customers who pass through and visit specific locations such as retailers (retail stores) or shopping malls. The data shows the number of people in the area at specific times, the frequency of store visits, and the length of stay.To learn more about average customer traffic, refer to:
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if disposable income increases from $9,000 billion to $11,000 billion, and consumption increases from $9,500 billion to $11,000 billion, the mpc must be: group of answer choices .75 1.00 0.90 0.25
The mpc of disposable income must be: 75.
What is disposable income ?
A person or household's disposable income, commonly referred to as disposable personal income (DPI), is the amount of money left over after income taxes have been paid. At the macroeconomic level, one of the most important economic indicators used to assess the overall health of the economy is disposable personal income. Net income is available money. Net money that is still available after covering all essentials is known as discretionary income. To determine how people borrow, spend, and save, economists keep close eye on these figures at the macro level.
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currently, which type of financial institution in the primary mortgage market provides the most funds for the residential (owner-occupied) housing market?
Financial institution in the primary mortgage market provides the most funds for the residential (owner-occupied) housing market is Commercial bank.
What is Commercial bank?The term commercial bank accepts deposits, provides checking account services, issues various loans, and provides basic financial products such as certificates of deposit (CDs) and savings accounts for individuals and small businesses. A commercial bank is a financial institution that performs the function of accepting deposits from the general public and lending money for investment, with the aim of making a profit. In fact, commercial bank, as the name suggests, exclude commercial institutions.They bank to make a profit. Commercial bank can be further classified into public sector banks, private sector banks, foreign banks and regional regional banks (RRBs). On the other hand, credit unions are divided into urban and rural areas. That said, payment banks are a fairly recent addition to the structure.To learn more about commercial bank from the given link :
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which of the following events would increase the supply of tomatoes? group of answer choices the introduction of mechanized tomato pickers, which raises the cost of production. a decrease in the price of pasta products. an increase in wages for the tomato pickers. unseasonably hot, dry weather in the tomato-growing regions of the nation. a decrease in the cost of fertilizers for the tomato plants.
The correct option is d. Supply of tomatoes would increase if there is a decrease in the cost of fertilizers for the tomato plants.
A basic economic notion called supply refers to the total amount of a particular commodity or service that is made available to consumers. Supply can be defined as the quantity offered at a particular price or, if shown on a graph, the quantity offered over a range of cost. This is directly related to the demand for an item or service at a particular price; all things being equal, the supply offered by manufacturers will increase if the price rises because all businesses aim to maximise profits. The modern economy is based on movements in supply and demand.
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learner company sells its product for $100. it has a variable cost ratio of 70% and total fixed costs of $9,000. what is the break-even point in sales dollars for learner company?
To calculate the break-even point in terms of sales dollars, divide the fixed costs by the contribution margin.
Break-even sales dollars = $30,000
How do you calculate break-even point in sales dollars?To calculate the break-even point in terms of sales dollars, divide the fixed costs by the contribution margin. ...Fixed Costs Contribution Margin = Break-Even Point (sales dollars).Contribution Margin = Product Price minus Variable Costs.The point at which a company's revenues equal its costs is known as the break-even point. The break-even point can be calculated in two ways: one is to determine the number of units that must be sold, and the other is to determine the amount of sales, in dollars, that must occur.1 - Variable Cost Ratio = Contribution Margin Ratio
Contribution margin ratio = 1 - 0.70 = 0.30
Break-Even Sales Dollars = Total Fixed Cost / Contribution Margin Ratio
Break-even sales dollars = $9,000 / 0.30 = $30,000
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while viewing a webpage for outdoor gear, drake noticed a graphic display advertising kayaks at low prices. when he clicked on the ad, it took him to a different website where the kayaks were listed for sale. this is an example of what type of internet advertising?
It drake was browsing a website when he saw an advertisement for cheap kayaks. The advertisement led him to a different website when he clicked on it. An illustration of "paid display" online advertising is this.
A pay and display machine is a type of ticket dispenser used to control parking in parking lots or metropolitan areas. It depends on a user buying a ticket from a machine and posting the ticket on the dashboard, windscreen, or passenger window of the car. The usual information on a printed ticket is the machine's location and operator, the time left, the fee paid, and the expiration time.
One machine may handle several vehicle spaces in pay and display systems, which saves on setup costs in comparison to road-side parking meters. Additionally, this approach should discourage cars from utilizing parking meters that still have time left.
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Market involves aggregating prospective buyers into groups, or segments, that have common needs and will respond similarly to a marketing action.
Market segmentation involves aggregating prospective buyers into groups, or segments, that have common needs and will respond similarly to a marketing action.
In the field of business, market segmentation can be described as a business strategy where the business owner focuses on making those products that target a particular audience.
Market segmentation involves understanding of the needs and products that will be required by a focused group of people. After evaluating their needs, the products are made in accordance to fit their needs.
By market segmentation, you tend to divide your focus to a certain group of customers or prospective buyers and design your product in accordance with their needs.
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the stock of red's hardware closed at $59.60 per share today. tomorrow morning, the stock goes ex-dividend, paying a dividend of $2.20 per share. the tax rate on dividends is 15 percent. all else the same, what price will the stock open at tomorrow morning?
The stock open at tomorrow morning at a price of $59.27
Ex-dividend price = Dividend price today-After tax dividend to be paid
59.60 - 15% of 2.20
59.60 - 0.33
= $59.27
What is Ex-dividend price?The price of a share reflects the cost of dividing dividend income, which is paid by stockholders selling their shares. Commonly referred to as the cu.m-dividend price, this is the price at which a business's stocks move between the date the company announces dividends and the ex-dividend date.
Buying a security just before the ex-dividend date shouldn't result in any gains because the price of the investment declines by roughly the same amount as the dividend. Similar to this, investors who purchase a share on or after the ex-dividend date receive a "discount" on the price of the asset to make up for the dividend they would not be receiving.
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a widget maker operates in a perfectly competitive market with a price of $25 for a box of widgets. the widget maker has a marginal cost curve equal to 0.26q, where q is the number of boxes of widgets produced. the widget maker currently produces 96 boxes of widgets. should the widget maker produce 97 boxes of widgets instead?
The answer is Yes, the widget maker should produce 97 boxes of widgets instead because the marginal cost of the 96th box is below marginal revenue, so the production is too low and profits are not maximized.
What is the explanation for the decision?In a typical perfectly competitive market, the firm usually takes a price as given and at equilibrium maximize profit by producing the output P>=MC. That is, the price received for the equilibrium must be greater or equals to Marginal cost.
As the marginal revenue received by a perfectly competitive firm is equal to the price P, then, we can write the profit-maximizing rule for a perfectly competitive firm as a recommendation to produce at the quantity of output where P = MC.
Missing options "None of these answers, 0 O Yes, the marginal cost of the 96th box is below marginal revenue, so production is too low, and profits are not maximized. No, while the marginal cost of the 96th box is below marginal revenue, the marginal cost of 97th box is above it, so profit is already maximized. O No, the marginal cost of the 96th box is above marginal revenue, so production is already too high"
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a firm in a purely competitive industry has a typical cost structure. the normal rate of profit in the economy is 8 percent. this firm is earning $18 on every $200 invested by its founders. instructions: enter your answers as a whole number. a. what is its percentage rate of return? percent b. is the firm earning an economic profit? (click to select) if so, how large? percent c. will this industry see entry or exit? (click to select) d. what will be the rate of return earned by firms in this industry once the industry reaches long-run equilibrium? percent
a. 9% is its percentage rate of return
b. Yes, the company making a 1% economic profit;
b. Yes, the company making a 1% economic profit;
d. The economy's rate of return is 8%.
Calculation:
a. The percentage rate of return is calculated as follows: Earnings Founders' Investment 100 = $18÷ $200× 100 = 9%
b. Company profit rate - economic profit rate = 9% - 8% = 1% > 0
Yes, the company making a 1% economic profit.
c. In order to compete with others and maintain its competitive nature, the industry will undoubtedly experience entry or exits. There won't be any entry or exits in perfectly competitive markets, and crucial factors are the reason why businesses are allowed to enter and quit for marginal profits.
d. The market will have suppliers, making it difficult to set the product's pricing because the industry is competitive.
As a result, the firm's long-term equilibrium equals the economy's rate of return, which is 8%.
What is its percentage rate of return?
The net gain or loss of an investment over a given time period, stated as a percentage of the investment's starting cost, is known as a rate of return (RoR). 1 You determine the percentage change from the start of the period to the end when computing the rate of return.
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henry signed an employment contract when she began working for the law firm of hesling and epstein. there was an arbitration clause that was binding in the contract. one month later, he slipped on files his boss had left scattered on the floor. his friend told him he should sue the law firm. if he does, the court will likely:
Say that the 4th Amendment protects the right to arbitrate disputes. In accordance with the fourth amendment, innocent victims may file lawsuits, but criminal defendants may not.
For the Fourth Amendment to be applicable to a specific set of facts, there must be a "search" and a "seizure," which usually occurs in a criminal case, followed by an effort to use what was seized judicially. Consideration of the complainant's interest and whether it was formally exploited will frequently determine whether a search and seizure occurred within the meaning of the Amendment and if the complainant's interests were lawfully violated.
What is protected by the Amendment?
There was no question in terms of common law. In Entick v. Carrington, Lord Camden remarked that persons joined society primarily to protect their property. This privilege is kept holy and untransferable in all circumstances when it hasn't been restricted or eliminated by a public law acting in the public interest.
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a mutual fund has a net asset value (nav) of $7.80 per share, and the fund pays its underwriter a concession of $0.12 per share. if the fund has a sales load of $0.50 per share and an administrative fee of $0.15 per share, how much does the investor pay per share to purchase a class a share of this fund?
The correct answer was 8.3. The investor pays the public offering price (POP) when purchasing mutual fund shares. For a Class A share upon purchase, the POP is the NAV plus the sales charge.
What is public offering price (POP) ?The price at which fresh issues of stock are made available to the public by an underwriter is known as the public offering price (POP). Underwriters must choose a public offering price that will appeal to investors because the primary objective of an initial public offering (IPO) is to raise capital. The soundness of the company's financial accounts, its level of profitability, prevailing trends in the marketplace, growth rates, and even investor confidence are all taken into account by underwriters when determining the public offering price.
The correct answer to the percent the investor pay per share to purchase a class a share of this fund was 8.3.
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a company needs to produce 400 units per day (the day is defined as 12 hours of production). there are three tasks to be completed, with a total task time for all three tasks of six minutes. the company should have:
The company should have 4 workstations.
What is task or process time?Process lag time (PLT), often known as Little's Law, is the amount of time it takes an item to complete a process from the moment it enters until it exits. The processing time at each workstation is added to any waiting or queue time that may have occurred.
Total units to be produced in a day = 400
Time taken to produce 1 unit = 6 minutes
Total minutes in a day = 720
Break time spread in a day = 60
Net minutes in a day for production = 660
One unit/day = net minutes for production/ Total time taken to produce 1 unit
= 660/6 = 110
Therefore one workstation can produce 110 units in day
So to complete 400 units in a day, we need 3.6, i.e. 4 workstations
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kate believes she can beat the market on a consistent basis by basing her traes on the pattern of prices that currently exist. if true, what theory would kates trading pattern violate
Efficient markets. The efficient-market hypothesis is a hypothesis in financial economics that states that asset prices reflect all available information.
What is Efficient market ?The efficient-market hypothesis is a financial economics hypothesis that states asset prices reflect all available information. Because market prices should only react to new information, it is impossible to consistently "beat the market" on a risk-adjusted basis.
Because the EMH is expressed in terms of risk adjustment, it can only make testable predictions when combined with a specific risk model. As a result, research in financial economics has focused on market anomalies, or deviations from specific risk models, since at least the 1990s.
The notion that financial market returns are difficult to predict can be traced back to Bachelier, Mandelbrot, and Samuelson, but it is most closely associated with Eugene Fama, thanks in part to his influential 1970 review of theoretical and empirical research.
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total quality management emphasizes a. a system where strong managers are the only decision makers b. the responsibility of the quality control staff to identify and solve all quality-related problems. c. a process where mostly statisticians get involved d. a commitment to quality that goes beyond internal company issues to suppliers and customers.
Total quality management emphasizes commitment to quality that goes beyond internal company issues to suppliers and customers.
At the most essential degree of management emphasizes , control is a subject that consists of a set of five well known capabilities: planning, organizing, staffing, leading and controlling. those 5 functions are a part of a body of practices and theories on how to be a a hit manager.
Control is the coordination and management of duties to attain a aim. Such administration sports include setting the corporation's approach and coordinating the efforts of personnel to perform these targets via the software of to be had assets.
Administrative management specializes in handling the full employer. Behavioral management attitude. Emphasizes man or woman attitudes and behaviors
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Answer:
A,B,D,E,F
Explanation:
i did the assignment :) srry if wrong
to avoid the appearance that a joint product is incurring losses, a company might allocate joint costs based on relative sales value of each product at the split-off point. group startstrue or false
It's true what they say. A corporation may divide up joint costs based on the relative sales value of each product at the point of split-off to avoid the perception that a joint product is losing money.
What does "split-off point" refer to?The production stage where jointly produced goods first appear is known as the split-off point. A corporation might have known, for instance, that investors would not be interested in its financial accounts because they showed no profit or loss.
What is the point at which joint products are split off?An area in a manufacturing process known as a split-off point is where previously manufactured goods are now produced separately. After the split-off point, the costs of the previously manufactured goods can be determined separately. Costs associated with jointly produced goods are divided up prior to the split-off point.
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a cpa is preparing a presentation for a public accounting firm's workshop on internal control. the presentation includes discussion of the five components of internal control described in the aicpa's auditing standards. which section of the generally accepted auditing standards describes the first of the five components of internal control?
If a cpa is a public accounting firm's internal control workshop, then AU-C 315.15 of the generally accepted auditing standards (GAAS) explains the first of the five components of internal control.
The Board is required under the Sarbanes-Oxley Act of 2002, as amended, to define by rule the auditing and related firm's professional practice standards that registered public accounting firms must adhere to when writing auditing standards reports for public companies, other issuers, and broker-dealers.
For financial statement audits for fiscal years ending on or after December 15, 2020, the following the generally accepted auditing standards (GAAS) explains the first of the five components of internal control. is a list of firm's PCAOB auditing standards. The presentation covers a study of the five internal control components listed in the auditing standards of the aicpa.
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you have been asked to evaluate two alternatives, x and y, that may increase plant capacity for manufacturing high-pressure hydraulic hoses. the parameters associated with each alternative have been estimated. compute the present worth of both alternatives. which one should be selected on the basis of a present worth comparison at an interest rate of 12% per year?
Cash flow (CF) is the change in the quantity of money that a company, institution, or person has. The phrase is used in finance to refer to the volume of money (currency) produced or spent over a specific period of time.
Alternative X is currently valued $ -77543.8, whereas Alternative Y is currently worth $ -74625.7. Alternative Y must be chosen. Here, the cash flow needs to be discounted as follows:
Discounted cash flow added together equals present value:
Alternative X's current value is equal to (-30000/(1+0.14)0)+(-14000/(1+0.14)1)+(-14000/(1+0.14)2)+(-14000/(1+0.14)3)+(-14000/(1+0.14)4)+(-13000/(1+0.14)5) = -77543.8.
-60000/(1+0.14)0)+(-6000/(1+0.14)1)+(-6000/(1+0.14)2)+(-6000/(1+0.14)3)+(-6000/(1+0.14)4)+(5500/(1+0.14)5) = -74625.7 is the present value of the alternative.
We must choose alternative Y since the present value of Y is negatively smaller than the present value of X. There are several kind of cash flow, therefore it's critical to comprehend what each one is. Any of the categories could be meant when someone mentions CF.
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t is covered by two health insurance plans: a group plan through his employer and his spouse's plan as a dependent. under the model group coordination of benefits provision, when t files a claim, his employers plan is considered the
Primary carrier in accordance with the Model Group Coordination of Benefits provision.
How are primary and secondary carriers different?
Secondary Component Carriers (SCC) are auxiliary carriers that can be activated or deactivated at any time to boost data rates, whereas the Primary Component Carrier (PCC) is the primary carrier and is only updated during the handover and cell selection.
What exactly is a second carrier?
A plan that, in accordance with the aforementioned "Order of Benefit Determination" provisions, has secondary responsibility for the provision of benefits and may reduce its benefit payments after the primary carrier's benefits are first determined.
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suppose you have $5,000 in savings when the price level index is 100. instructions: round your responses to the nearest whole number. a. what is the real value of your savings if the price level increases by 10 percent for the year? $ b. what is the real value of your savings if, instead, the price level declines by 5 percent for the year?
The real value of savings if the inflation pushes price level by 10 percent is $4,545.45 and The real value of savings if the price level declines by 5 percent is $5,263.157.
The real value of savings if the inflation pushes price level by 10 percent is given by:= Amount of savings when the price level index is 100 / (1 + inflation
rate)
= 5000/(1+0.1)
= 4,545.45
The real value of savings if the price level declines by 10 percent is given by:= Amount of savings when the price level index is 100 / (1 - inflation rate)
= 5000/1 - 0.05
= 5,263.157
The term "inflation" refers to an increase in prices, which over time results in a loss of buying power. The average price rise of a basket of chosen goods and services over time can be used to determine the pace at which buying power is decreasing. A unit of money now essentially has less purchasing power than it had in earlier times due to the increase in prices, which is frequently stated as a percentage. Deflation, on the other hand, is characterized by a drop in prices and a rise in buying power.Learn more about Inflation, here
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for a special promotion, retail stores may deliberately sell a product below its customary price to attract customers, in hopes that they buy other items with large markups, in an approach known as
This approach is known as Sales Promotion.
What is Sales Promotion?
Sales promotion is a transitory campaign or offer is used by a company as part of a sales promotion to raise interest or demand in its product or service.
A company may decide to utilize a sales promotion (or "promo") for a variety of reasons, but the main one is to increase sales. Sales increases could be required to meet a quota as a deadline draws near or to spread word of a new product.
What are the types of sales promotion?
Types of sales promotion are:
1. Simple discounts.
2. Limited time offer.
3. Free shipping.
4. Special prices.
5. Bundling.
6. Contests & giveaways.
7. Abandoned cart discounts.
8. Coupons.
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which dimension of ethical behavior in the digital age is represented by the following question?you are interviewing 3 applicants for a management position in your firm and wish to ensure that they will represent your company with professionalism and maturity. should you check the applicants' social media sites prior to making your hiring decision?
The dimension of ethical behavior in the digital age that is represented by the following question is called information privacy rights. Information privacy, data privacy or data protection laws provide a legal framework on how to obtain, use and store data of natural persons.
Information privacy will afford the resource person to have the full access of the individual ethical behaviour on social media and as a result could use such for whatever judgement he intends to make on his interviewee.
What is dimension of ethical behavior?Ethical Dimensions is a competency encompassing all over the curriculum so that learners will understand ethical principles that shape person and collective actions and apply those principles to the analysis of contemporary social and political problems. There are approaches to ethical issues from the angle of four moral principles which are:
respect for autonomy, beneficence, nonmaleficence, and justice.Therefore, the correct answer is as given above.
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for a given data group, simple exponential smoothing is being used to forecast demand. the forecast of a given period is 110, which turned out to be 4 units more than actual demand. the forecast for next period is 109.2. based on information given, what is smoothing constant, alpha? group of answer choices none of the choices 0.15 0.20 0.10 0.60
The formula for the exponential smoothing is as follows: Demand for the most recent period times the smoothing factor.
The forecast for the most recent time period multiplied by (one minus the smoothing factor). S is the smoothing factor, which is expressed in decimal form (35% would be 0.35). A time series forecasting technique called exponential smoothing can be expanded to support data with a systematic trend or seasonal component. It is a potent forecasting technique that can be employed in place of the well-liked Box-Jenkins ARIMA family of techniques. A forecasting technique for univariate time series data is exponential smoothing. With this strategy, forecasts are weighted averages of historical observations, with the weights of older observations decreasing exponentially. Alpha, the smoothing constant, is 0.20. (Option a)
Detailed explanation:
To begin resolving this issue, we first list the simple exponential smoothing in succession:
Where xt is the real demand for period t, alpha is the smoothing constant, s(t) is the forecast for period t, s(t-1) is the forecast for period (t-1), and
There are no unknowns other than the alpha constant: s(t)=109.2, s(t-2)=110, xt=110-4=106.
After that, we may determine alpha as:
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venezuela can grow and sell cut flowers for floral bouquets more easily and more cheaply than most other countries can produce the same flowers. when it comes to flowers, venezuela has a(n):
Based on the fact that Venezuela can grow and sell the flowers are a cheaper price and more easily than other countries, it can be said that Venezuela has a Comparative Advantage.
What is Comparative Advantage?When a country is said to have a comparative advantage in something, it means that they are able to produce that good or service at a cheaper price than other countries can. This therefore means that they are more efficient in the production of that good or service, and so can make more money on selling that good or service because they will sell at a cheaper price.
Venezuela is able to make flowers for floral bouquets as well as sell them at a cheaper price than other countries. Venezuela can therefore be said to have a comparative advantage in flower production and they should take advantage of this by exporting more of those flowers.
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g suppose that a country is in a steady state when a war destroys a third of the adult population and half of the capital stock, but nothing else is affected. what should we expect to happen? a) the country's steady-state level of output will rise, but the country's capital stock will rise to reach it. b) the country's output will jump above its steady-state and then capital stock will slowly fall. c) the country's steady-state level of output not change, neither will its current level of capital per worker. d) the country's output will fall below its steady-state and then capital stock, and hence output, will slowly rise
When a country is in steady state when a war destroys a third of the adult population, we should expect that the country's output will fall below its steady-state and then capital stock, and hence output, will slowly rise.
Option D is correct .
Solow model :Solow model was developed by the economist Robert Solow, who won the Nobel prize and was the base of ultramodern proposition of profitable growth. It explains the timely change in affair position due to changes in population rate, saving and technological progress in an frugality or steady state . It's an exogenous model able of calculating the total productivity in the frugality. This states steady state level.
Steady state :A system in which a process is in a steady state if the variables( called state variables) which define the geste of the system or the process are unchanging in time. In nonstop time, this means that for those parcels p of the system, the partial outgrowth with respect to time is zero . This overall process is steady state .
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suppose the price of milk increases by 15%, causing the quantity demanded of cereal to decrease by 45%. what would the cross-price elasticity for milk and cereal be in this case?
Based on the change in price for milk and the change in quantity demanded for cereal, the cross-price elasticity for milk and cereal can be found to be - 3
How to find the cross - price elasticity?The cross-price elasticity for milk and cereal can be found by the formula:
= Change in the quantity demanded of cereal / Change in the price of milk
Solving for the cross - price elasticity gives:
Cross - price elasticity for milk and cereal = - 45% / 15%
= - 3
What this means is that the price of milk (cereal ) is inversely related to the quantity demanded for cereal (milk). For instance, if the price of milk increases, then the quantity demanded for cereal will decrease.
The reason for this is that both milk and cereals are compliments to each other and so will affect the other's quantity demand.
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a distribution was made from a coverdell education savings account for $12,000 when the educational expenses were only $10,000. the amount distributed beyond the educational expenses will be
When the distribution exceeds education expenses, a portion representing earnings will be taxable to the beneficiary and may be subject to an additional 10% penalty tax.
What is penalty tax?
Whether you file your tax return on time or request an extension, the IRS requires you to pay the tax due by the filing deadline. The IRS assesses a failure to pay penalty if you don't make your required payments by that time. The maximum amount of this tax penalty, which is 0.5% of the tax you owe per month, is 25% of the tax payable.
What is the method used to determine the Failure to Pay Penalty?
For each month or portion of a month for which tax is outstanding, there is a failure to pay penalty of 0.5% of the unpaid taxes. No more than 25% of the taxpayer's overdue taxes can be penalized.
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f the mexican nominal exchange rate (foreign currency per peso) does not change, but prices rise faster in mexico than in all other countries, then the mexican real exchange rate a. does not change. b. rises. c. cannot be determined without more information. declines.
If Mexico's nominal exchange rate (foreign currency per peso) does not change, but prices rise faster in Mexico than in all other countries, then Mexico's real exchange rate rises.
The exchange rate is one of the most important indicators in determining the economy of a country. Exchange rates play an important role in spending decisions, because they allow the translation of prices from different countries into the same language.
The exchange rate of a country's currency is divided into two types, namely:
Nominal exchange rate is the value used by a person when exchanging one country's currency for another country's currency.The real exchange rate is the value used by a person when exchanging goods and services from one country for goods and services from another country.You can learn more about exchange rate here brainly.com/question/14930716
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economic growth is the amount that the capital stock increases in a given year. b. economic growth is the increase in the amount of consumption goods per capita. c. economic growth is increases in per capita real gdp measured by its rate of change per year. d. economic growth is the increase in the number of people working in a year.
Economic growth can be described as (C) the increases in per capita real GDP measured by its rate of change per year. It is also can be described as the increase or improvement in the inflation-adjusted market value of the services and goods produced by an economy over a certain period of time.
Economic growth can be caused by several main factors, such as land, capital, entrepreneurship, and labor. Economic growth also can be caused by two main sources of economic growth, such as growth in the productivity (output per hour worked) of that workforce and growth in the size of the workforce. These two main source can increase the overall size of the economy. But the source for increase per capita GDP and income is only strong productivity growth.
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Elasticity is the measure of how producers and consumers react to changes in
A supply is
A supply is
when the quantity of a good supplied does not change as the price changes.
when the quantity of a good supplied increases or decreases as the price changes.