Contraceptive legislation enacted under the Patient Protection and Affordable Health Care Act violates commercial private companies' rights to religious liberty.
What is legislation?Making and enacting laws by legislation, local, state, or national legislative bodies gives religious liberty.In other contexts, legislation may be used to apply local ordinances and rules and regulations issued by administrative agencies in the exercise of delegated legislative functions. Act Enforcement. A bill that has passed both houses of Congress, been submitted for registration, ratification, signature by the Governor, or through the Office of the Governor, and has been printed. This is a permanent measure with legal effect until it is religious liberty. Primary Law - Law or Statute. Secondary Laws – Statutes (often called SI, Codes, Orders, Regulations, Regulations) To provide detailed rules, regulations or codes of conduct in a particular area of activity (e.g. Road Rules).To learn more about legislation from the given link :
https://brainly.com/question/782960
#SPJ4
13. choose the option to correctly complete the following sentence. schmidt industries received cash from a customer for a product to be delivered next month. according to the realization concept this revenue has been earned but not realized. realized but not earned. earned and realized. neither earned nor realized
According to the realization concept this revenue has been realized but not earned.(OPTION B)
Realization Concept: According to the realization principle, revenue cannot be recognized until the underlying items or services have been delivered or provided, respectively. So, only when it has been earned, can revenue be recognized.
Example of the realization principle:
The consumer pays when the item ships, but the sale cannot be recorded as income until the customer receives the shoes and the transaction is complete. The revenue can then be recognized, and the amount can be entered into your client's ledger.
Realization concept would apply when goods are delivered to customer.
To know more about Realization Concept, visit the following link:
https://brainly.in/question/6834039
#SPJ4
if the fixed costs of opening an internet specialty sporting goods business are $10,000, price is $60 and variable cost per unit of $20, the break-even point is:
The point at which there are no losses or gains for your small business is known as the break-even point. This point is reached when total costs and revenue are equal.
To put it another way, you have reached the point where a product's revenues and costs of production are equal.
How is the break-even point determined?The break-even point in accounting is determined by dividing the price per unit by the fixed costs of production minus the variable costs of production. The point at which a product's production costs and revenues are equal is known as the break-even point.
Fixed Costs = $10,000
Price = $60
Variable Costs = $20
$10000 ÷ ($60 - $20)
= $10000 ÷ ($40)
= $240
Learn more about break-even point here:
https://brainly.com/question/21137380
#SPJ4
abbey co. sold merchandise to gomez co. on account, $28,500, terms n/45. the cost of the goods sold was $19,950. abbey co. issued a credit memo to gomez co. for $2,200 for merchandise returned that originally cost $1,500. gomez co. paid the invoice within the credit period. what amount of gross profit is earned by abbey co. on these transactions?
The gross profit earned by Gomez Company on these transactions is $11,897.
A company's gross profit is calculated by deducting its entire sales from its total cost of products sold. All products sold by the business are included in the overall sales. All of the variable costs related to sales are added together to form the overall cost of the products sold.
Net sales are the total of a company's gross sales less any discounts, returns, and allowances. Net sales calculations are not always clear from the outside. When determining top-line revenues that are shown on the income statement, they are typically taken into consideration.
Net sales = sales - sales return - sales discount
Sales = $28,600 - $3,400 = $25,200
Sales Discount = $25,200 x 2%
Sales Discount = $504
Net Sales = $ 25,200 - $504 = $24,696
Cost of Goods Sold = $ 13,818 - $1,019
Net cost of goods sold = $ 12,799
Gross profit = net sales - net cost of goods sold
Gross profit = $ 24,696 - $ 12,799
Gross profit = $ 11,897
To learn more about gross profit
https://brainly.com/question/16999019
#SPJ4
A budget says what will happen with your money, while a cash-flow statement shows what already happened. True or false?.
The statement 'a budget says what will happen with your money, while a cash-flow statement shows what already happened' is true.
In the field of business, a budget can be described as the planning of the way in which you decide to use and save your money. A budget represents the various places and expenses that you will do.
On the other, a cash-flow statement represents the expenditure of money that has already been done on your part. It shows where you utilized your money and what amount of savings you got after it. We can say that a cash-flow statement is like a report of your financial expenses. Hence, the above statement is true.
To learn more about budget, click here:
brainly.com/question/8647699
#SPJ4
on which dimension of quality doe dittenhoefer's compete? how are these dimensions being threatened by the problems in the manufacturing and customer service areas?
On the following quality aspects, the Dittenhoefers compete: Performance, Reliability, Durability, Aesthetics, Perceptions.
Performance -Every firm competes on its capacity to provide outcomes.Dittenhoefer's performance has been inadequate ever since the
advent of the new polymer-coating machinery.
Service to Customers-
By failing to keep up with performance, customer service isn't
helping the problem.
They are not promptly giving their clients the information they
require, and they are not monitoring their orders to make sure their
clients are happy.
Reliability: Before they began using the new polymer-coatingequipment, the organization had a stellar reputation for
dependability. More errors are now being shipped with the goods.
Customer service – They are disappointing their clients by having all
of these problems.
Orders are lost due to wrong pricing.
A change in the delivery date was not communicated to the
customers.
Durability: The new goods' durability hasn't raised many, if any,questions. As long as the product continues to be enjoyable,
durability won't be a problem.
Customer service – Their longevity has nothing to do with the client
service they provide.
Aesthetics: Aesthetics is the study of beauty, or the way things look.The new machine has added problems, yet aesthetics have been
preserved despite this. For Dittenhoefer's Fine China, this is
perhaps one of the most important factors. The firm bought the new
machinery so they could expand their current range of goods to
include a new aesthetic product.
Customer service –
Customer service has little discernible influence, good or bad, on
how appealing a product is to consumers.
Perception- Every company's perception is highly important.The way people view a firm may make or ruin it.
even when the product itself is top-notch.
The company has a good reputation, but if product problems
continue, it might lose some of it.
Customer service – Regardless of how wonderful a product is, it will
start to have a bad reputation if the customer service is poor.
People will start to associate the quality of the product with the
degree of service they get.
Learn more about Perceptions, here
https://brainly.com/question/27164706
#SPJ4
the accountants hired by forever fitness have determined total fixed cost to be $75,000, total variable cost to be $130,000, and total revenue to be $125,000. because of this information, in the short run, forever fitness should
In the short run, forever fitness should shut down because staying open would be more expensive.
Why should a firm shut down?A firm should shut down in the short run, if its total variable cost is greater than its total revenue. In the long run, a firm should exit the market, if its fixed cost is greater than its total revenue.
The short run is the period where all of the factors of production are fixed. Variable cost is the cost that varies with the level of output. Fixed cost is the cost that remains constant regardless of the level of output.
In this question, the total variable cost is greater than the total revenue, thus in the short run, the firm should shut down because it is to expensive to run the business in the short run.
Here are the options:
a. stay open because shutting down would be more expensive.
b. shut down because staying open would be more expensive.
c. lower their prices to increase their profits.
d. stay open because the firm is making an economic profit.
To learn more about shutdown, please check: https://brainly.com/question/13034691
#SPJ1
the price of grapes used to make grape juice has decreased. at the same time, the price of orange juice, a substitute good, has decreased. given these two effects, what can we say about the equilibrium price and quantity of grape juice?
The option is true, as when the price of grape juice decreases and the price of orange juice remains unchanged the demand for orange juice will fall.
What could cause the price of orange juice to increase?
Orange juice has already been subject to increasing prices since earlier this year, when a pandemic-induced increase in demand for vitamin C products ran into decreased orange supplies from a poor harvest, most recent updates. Due to a projected dramatic decline in Florida's orange juice supply as a result of a fungus illness, orange juice prices have already increased this year. The majority of the sugarcane grown in the United States is also grown in Florida, but the crops are closer to the west of the storm's course.
Learn more about equilibrium price calculation
https://brainly.com/question/26075805
#SPJ4
a career plateau is most likely to occur when: question 17 options: an employee starts learning new skills. organizations allow employees to use the strategy of job sequencing. an employee opts for phased retirement. opportunities to move up in an organization decrease.
A career plateau is more likely to occur when opportunities to move up in an organization decrease
What is a career plateau?Corresponds to a period of the career in which the employee has no prospects of climbing better positions in his professional life. This can be caused by several variables, which can be internal, that is, from the employee's own attitude, or external, which is related to the lack of opportunities at work.
Therefore, the career plateau is a condition that affects the employee's perception of his own career, which can generate discouragement and dissatisfaction with his own job function.
Find out more about career plateau on:
https://brainly.com/question/545129
#SPJ1
sofia and her partner have been discussing purchasing property, but this will take some financial sacrifices over the next few years. sofia tells her partner she's unable to make a decision right now and needs to take a break. a week later when her partner asks whether she's come to a decision, sofia is surprised that she has made up her mind. what subconscious process took place over the past week?
Incubation subconscious process took place over the past week with sofia.
In psychology, incubation refers back to the unconscious processing of problems, whilst they're set apart for a period of time, that can result in insights.
It become initially proposed by way of Graham Wallas in 1926 as certainly one of his four stages of the innovative manner: guidance, incubation, illumination, and verification.
Contamination generally takes place in 5 levels. The incubation stage occurs proper after exposure and before symptoms increase. This stage can variety from hours for some infections to days, weeks, or maybe years for other infections.
Learn more about Incubation subconscious here: https://brainly.com/question/14634783
#SPJ4
assume that a market is in equilibrium. if the demand curve shifts to the right and a new equilibrium is reached: multiple choice consumer surplus may increase or decrease. producer surplus will decrease. producer surplus will increase. none of these options are correct. total surplus will decrease
Market failure occurs when there is a misalignment between the desired outcomes of market participants and the results of a free market. Market equilibrium occurs when supply and demand are balanced, there is no tendency for the price to change, and the quantity exchanged is the equilibrium quantity.
What is Market equilibrium?
Equilibrium is the situation in which marketplace demand and supply balance each other, resulting in stable pricing. In general, an oversupply of services or goods causes prices to fall, resulting in increased demand, whereas an undersupply or shortage leads prices to rise, resulting in decreased demand. The balancing impact of supply side results in an equilibrium condition. The market equilibrium is the point at which the supply of commodities equals the demand for them. When a key index experiences a phase of consolidation or sideways motion, the forces of demand and supply are said to be relatively equal and the market is said to be in a condition of equilibrium. Prices, according to economists, tend to fluctuate about the equilibrium levels.
If the price is below the equilibrium price, we know that quantity demanded will be greater than quantity supplied. If the price is above the equilibrium price, we know that quantity demanded will be less than quantity supplied. The equilibrium quantity is the quantity at which the quantity demanded equals the quantity supplied. The equilibrium price is the price at which the quantity demanded equals the quantity supplied.
To learn more about Market equilibrium
https://brainly.com/question/26075805
#SPJ4
which of the following describe values of an organization? group of answer choices what is our product or service? who is our customer? what is our strategic purpose for operating? who are we? who will we become? what do we stand for and believe in? what standards can be used to evaluate us and judge us?
Who are we? Who will we become? describe values of an organization.
An organization or agency, is an entity—along with a agency, an group, or an association—comprising one or greater humans and having a specific motive. The word is derived from the Greek phrase organon, which means device or device, musical device, and organ.
An employer is an official group of people, as an instance a political birthday celebration, a commercial enterprise, a charity, or a membership. most of these specialised colleges are supplied by using voluntary corporations. ... a file via the international Labour employer. Synonyms: group, agency, party, body extra Synonyms of company.
Learn more about organization here:https://brainly.com/question/19334871
#SPJ4
the university of iowa runs a series of ads throughout the midwest on how friendly and helpful its faculty, staff, and students are as well as how outstanding its academic programs are. this type of promotion would best be characterized as
This type of promotion would best be characterized as institutional advertising. Rather than advertising a specific product or service, institutional advertising promotes the university.
Rather than advertising a specific product or service, institutional advertising promotes an institution, business, or kind of item so that people have a favorable opinion of it. It is a type of promotion.
Institutional advertising can increase brand awareness by increasing brand exposure. The greater your brand awareness, the more people will be acquainted with your product and brand.
Learn more on institutional advertising-
https://brainly.com/question/15727939
#SPJ4
your original plan was to construct a building with six stories, with each story costing $150,000. this was to be completed in four months, however the project has not gone as planned. two months into the project, earned value is $400,000. what is the budgeted cost at completion?
original plan was to construct a building with six stories, with each story costing $150,000. this was to be completed in four months, however the project has not gone as planned. two months into the project, earned value is $400,000. The budgeted cost at completion is 900,000
Budget at completion, or BAC, is the total amount anticipated and budgeted for a project or particular phase of work, or, to put it simply, the project's projected cost before it starts. A project will be broken down into distinct components or activities and costs when a project manager or business forecasts and plans it.
To know more about budgeted cost at completion, refer:
https://brainly.com/question/16924571
#SPJ4
after test driving three different cars, you have decided to buy a honda. now you must find a honda dealer within reasonable distance of your home, and preferably one with a full-service department. you are in which stage of the consumer decision process?
I am in purchase decision and purchase act stage of consumer decision process.
Five fundamental steps make up the consumer decision-making process. Consumers use this method to assess whether to make a purchase. The five processes include problem identification, information search, examination of alternative options, purchase choice, and post-purchase analysis.
5 steps in the decision-making process for consumers
Identifying the issue: acknowledges the need for a good or serviceSearch for information: collects information Alternatives assessment: compares options and weighs the pros and cons of eachMaking a purchase: really buys anythingEvaluation following purchase: considers the acquisition they madeAlthough the decision-making process for consumers can appear mysterious, all buyers follow the same fundamental processes to decide which goods and services will best suit their needs.
Learn more about Decision making, here
https://brainly.com/question/13129093
#SPJ4
which of the following is true of conventional distribution channels? channel members have complete control over each other. channel members seek to maximize their own profits. channel conflict is governed by formal mechanisms. channel members are assigned roles according to a clearly defined framework. channel members work exclusively for the good of the organization.
The truth that we have here about the conventional distribution channels is that Channel members seek to maximize their own profits.
What is meant by the conventional distribution channels?This is the term that is used to refer to the chain of distribution that we are used to as the most common way of distribution.
That is, this is the chain that has to do with the producers, the wholesales, the retailers and all that would make up the distribution process in all of the ways that they are able to act independently.
It has to do with the way that goods would have to move from the producer to the retailers then to the consumers.
Read more on the chain of distribution ere:
https://brainly.com/question/15101442
#SPJ1
suppose potatoes are inferior goods. if the price of potatoes increases, and we are a net seller of potatoes, what happens to our demand for potatoes?
A decrease in the price of potatoes will create an income effect which will lower the consumption of potatoes.
What happens to an inferior good when price increases?
In microeconomics, the income impact is the subsequent shift in demand for an item or service brought on by an increase or reduction in a consumer's actual income or purchasing power. The income impact predicts that individuals would start to demand more as their income rises (and vice-versa). These common patterns will be present in so-called regular commodities. On the other hand, inferior commodities can actually see a decline in demand as income rises. Store-brand products are one example of a subpar product; if consumers get wealthy, they may choose name brands instead.
The income impact explains how changing a consumer's income might alter the amount of items they will desire.
As income grows, the price of so-called "normal" things also rises.
to learn more about inferior good price increases click :
https://brainly.com/question/14760192
#SPJ4
Which is the purpose of a protective tariff? question 8 options: earn money for the government help domestic producers engage in a trade war limit unhealthy behavior
The purpose of a protective tariff is to earn money for the government help domestic producers engage in a trade war limit unhealthy behavior.
Protective tariffs are tariffs imposed to protect domestic industries. They aim to make imported goods more expensive than their domestically manufactured counterparts, thereby increasing sales of locally manufactured goods and supporting local industries.
Protective tariffs are intended to protect domestic production from foreign competition by increasing the price of imported goods. Revenue tariffs are designed to generate revenue, not restrict imports. Of course, these two goals are not mutually exclusive.
An example of a protective tariff would be the US raising tariffs on British clothing to ensure that British clothing is significantly more expensive than domestically produced clothing.
Learn more about Protective tariffs https://brainly.com/question/22685610
#SPJ4
which of the following combinations of policies is designed to decrease inflation? which of the following combinations of policies is designed to decrease inflation? a decrease in government spending and an open-market sale of government securties an increase in taxes and an open-market purchase of government securities an increase in government spending and a decrease in the discount rate an decrease in taxes and an open-market purchase of government securities an increase in taxes and a decrease in the reserve requirement
A decrease in government spending and an open market sale of government securities is designed to decrease inflation.
In the field of economics, inflation refers to an overall rise in the cost of goods and services throughout a nation. Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.
Deflation, a continuous drop in the general level of prices for goods and services, is the reverse of inflation.
A fiscal policy must include both government revenue and expenditures. To boost revenue or control spending effectively, the government can alter tax rates. When the demand exceeds the supply, an inflationary gap results. There are two ways the government can approach this.
One is to cut back on transfer payments and overall government spending. Two, raising tax rates causes a decline in consumer demand and the money supply in the economy.
To know more about inflation:
https://brainly.com/question/8149429
#SPJ4
once karen and anika identify the fixed and variable costs of their business, they must then determine the number of service sales they need to make in order to produce a profit. they would do this by
Once Karen and Anika identify the fixed and variable costs of their business, they must then determine the number of service sales they need to make in order to produce a profit. They would do this by conducting a break-even analysis.
A company is defined as an organization or company engaged in commercial, industrial, or professional activity. A company can be either a commercial entity or a non-profit entity. Company types range from limited liability companies to sole proprietors, corporations, and partnerships. The purpose of a business is to provide value (through products and/or services) to customers who pay cash or equivalent. The money received should at least cover the costs of running the business and cover the living needs of the owner.
Business plays an important role in our lives. First, they produce goods and services that meet our needs and desires. It also recruits households as a labor force and provides rewards such as wages, salaries, and benefits. Therefore, it becomes a source of income that they can use to sustain their livelihoods.
Learn more about business here
https://brainly.com/question/24448358
#SPJ1
there are several close substitutes for bayer aspirin but fewer substitutes for a complete medical examination. therefore, you would expect the demand for:
Therefore, we would expect Bayer's demand for aspirin to be more price elastic. It is because price elasticity of demand is the responsiveness of quantity demand.
Demand is the amount of goods and services that consumers are willing and able to buy to meet their needs at various price levels and at certain times in the market. Usually, the high demand will affect the price. Conversely, low demand will also make prices lower. The law of demand is a law that explains the existence of a negative relationship between the price level and the quantity of goods demanded. If the price increases, the quantity demanded will decrease, and if the price is low, the quantity demanded will increase. The law of demand is not absolute but has absolute properties under conditions of ceteris paribus (other factors are considered constant).
You can learn more about Demand here brainly.com/question/14456267
#SPJ4
bunyan heavy equipment, a u.s. firm, is investigating expanding into russia using a greenfield venture. the committee researching this project has delivered a negative report. the main concern of the committee is probably:
The committee's main concern is certainly Russia's recent moves to seize governmental control of private enterprises' assets.
What is the main concern of the committee?Russia is frequently viewed as a corrupt state. Russian presidents are well-known for being multi-billionaires who were previously communists, which sounds bizarre.
When Russian officials want a private firm, they simply take it away from its legal owner, and when the legal owners complain, they are frequently imprisoned and beaten to death. This may appear ludicrous, yet it has occurred on several occasions, most notably in 2003 with Russia's largest private firm, Yukos. Its owner, whose surname is Jodorkovski, was imprisoned for around ten years, and its CFO was beaten to death in a Siberian jail.
The following firms have severed connections with Russia:
Netflix has paused its service in the nation and has put all future initiatives on hold. Sony announced the suspension of its activities in Russia. The Walt Disney Company has halted movie releases in Russia. Disney has likewise halted all of its activities in the nation.
To know more about Bunyan heavy equipment, visit
https://brainly.com/question/13963098
#SPJ4
granite stone creamery sold ice cream equipment for $13,600. granite stone originally purchased the equipment for $84,000, and depreciation through the date of sale totaled $68,000. what was the gain or loss on the sale of the equipment?
Ice cream-making supplies were sold by granite stone creamery for $13,600. Granite Stone paid $84,000 for the equipment initially, and $68,000 in depreciation up until the date of sale., then $3,400 was lost when the equipment was sold.
We first determine the equipment's book value.
Asset cost: $84,000
Depreciation over time equals $68,000.
Cost of the asset - accumulated depreciation is a formula for book value,
$84,000 - $68,000= $16,000
Therefore, Gain or Loss on the Asset: Equipment Sale Value = $13,600
The equipment has a book value of $16,000.
Equipment loss = sale value - book value,
$13,600 -$16,000 = - $3,400. Here, a -ve sign indicates a loss
To learn more about granite stone questions, refer to the link below.
https://brainly.com/question/17187108
#SPJ4
g the epson press will cost you $450,000. the epson will last 7 years. the cost of operating and maintaining the press will be $70,000 for the first three years and $80,000 for the last four years of its useful life. at the end of the seventh year you will sell the press for $50,000. the appropriate discount rate is 10%. calculate the equivalent annual cost of each printing press. which one should you buy?
g the epson press will cost you $450,000. the epson will last 7 years. the cost of operating and maintaining the press will be $70,000 for the first three years and $80,000 for the last four years of its useful life buying.
Masters Machine Shop
PV of Salvage value = $74,000 x 0.683 = $50,542
Present value of total savings $449,126
less Present value of investments 494,888
Net Present Value $4,780
Explanation:
a) Data Amount Present Value
Cash Outflow $450,000 $450,000
Initial spare parts 33,000 33,000
Annual Inventory 3,750 11,888
PV of investments $494,888
g the epson press will cost you $450,000. the epson will last 7 years. the cost of operating and maintaining the press will be $70,000 for the first three years and $80,000 for the last four years of its useful life buying.
Project lifespan = 4 years
Discount rate = 10%
Annual pretax cost savings = $184,000
Tax rate 23% 42,320
After Tax savings $141,680
PV of Annuity of Tax savings = $141,680 x 3.170 = $449,126
Salvage value = $74,000
PV of Salvage value = $74,000 x 0.683 = $50,542
Present value of total savings $449,126
less Present value of investments 494,888
Net Present Value $4,780
g the epson press will cost you $450,000. the epson will last 7 years. the cost of operating and maintaining the press will be $70,000 for the first three years and $80,000 for the last four years of its useful life buying.
b) Master Machine Shop's Net Present Value (NPV) is the difference between the cash inflows (savings) and the cash outflows (investments) for this four-year project
Learn more about buying hear :
https://brainly.com/question/17161096
#SPJ4
stephanie's bridal shoppe sells wedding dresses. the average selling price of each dress is $1,000, variable costs are $400, and fixed costs are $90,000. how many dresses must the bridal shoppe sell to yield after-tax net income of $18,000, assuming the tax rate is 40%?
For the purpose of establishing production budgets or predicting sales, a corporation may use CVP analysis (Cost-Volume-Profit) to examine the data it has. The target profit analysis enables a business to ascertain what production levels are required at a specific sales price to achieve a specific rate of return.
The target after-tax net income is $19,000, which is equal to 60% of the pre-tax net income (100% - 40%). The target profit is determined by dividing the net income after taxes.
19 000 /0.6 = 31 ,666.67
We use the following as our target profit and utilize the formula for target profit:
Target Sales = Target Profit + Fixed Cost / Contribution Margin.
31 , 666.67 + 110 , 000 /1 , 000 − 400 = 237
To learn more about tax from the given link.
https://brainly.com/question/26316390
#SPJ4
g externalities are: group of answer choices the result of government failure the difference between social and private costs (benefits) outside costs that producers absorb the effects of government on the private sector
People who are not directly involved in the transactions are frequently impacted by the consumption, manufacturing, and investment decisions made by individuals, households, and businesses.
These incidental impacts can occasionally be slight. However, when they are significant, or what economists refer to as externalities, they can cause issues.
The majority of externalities fall under the heading of "technical externalities," meaning that although their indirect effects have an impact on other people's opportunities for consumption and production, the price of the product does not account for them. As a result, there are variations in the costs or returns to the private sector and those to society as a whole.
The traditional example of a negative externality is pollution, when the polluter makes decisions based solely on the direct cost of production and the potential for profit, disregarding the indirect costs to those afflicted by the pollution. The indirect costs include lost chances for production, such as when tourism is negatively impacted by pollution, greater health care expenditures, and a diminished quality of life, as in the instance of a home owner who lives close to a smokestack. The social or total costs of production are higher than the private costs because the indirect costs are not incurred by the producer and are thus not passed on to the final consumer of the items produced by the polluter.
To learn more about externalities visit:https://brainly.com/question/14018373
#SPJ4
A ________ occurs when a speculative attack on the exchange value of a currency results in a sharp depreciation in the value of the currency or forces authorities to expend large volumes of international currency reserves and sharply increase interest rates to defend the prevailing exchange rate.
A currency crisis is described as a speculative assault on a currency's foreign exchange value that causes a severe depreciation or compels the government to sell foreign exchange reserves and hike interest rates at home to defend the currency. included in 2013's The Evidence and Impact of Financial Globalization.
How does a monetary crisis unfold?Currency crises have occurred frequently in recent history. These include a sudden and significant devaluation of a country's currency, along with erratic markets and a lack of confidence in the economy. Even though currency crises are frequently abrupt, they can occasionally be predicted.The value of each unit of currency decreases as production falls more quickly than the amount of money available. The most prevalent monetary phenomenon, inflation, is created the other way around when the money supply increases more quickly than output.The term "currency of issue" refers to the currency in which a Series of securities issue terms indicate that the issuer will pay all principal, premium (if any), and/or interest (if any) payments.The dollar's demise is still incredibly unlikely. Only the likelihood of greater inflation seems credible among the elements required to precipitate a collapse.To Learn more About currency crisis refer to:
https://brainly.com/question/25664180
#SPJ4
the max, is a mall-based specialty retailer of casual apparel and accessories. the company concept is to provide the customer with a focused selection of high-quality, active-oriented fashions at compelling values. the items reported on its income statement for an earlier year (ended march 31) are presented here (dollars in thousands) in simplified form in alphabetical order: cost of goods sold $ 1,151,349 interest expense 560 net revenue 1,955,531 other selling, general, and administrative expenses 404,883 provision for income taxes 91,387 weighted average shares outstanding 74,832 required: a. prepare a classified (multiple-step) consolidated income statement (showing gross profit, operating income, and income before income taxes). include a presentation of basic earnings per share. b. what is the gross profit percentage?
a) The preparation of the classified (multiple-step) consolidated income statement for The Max is as follows:
The Max, Inc.
Classified (multiple-step) consolidated income statementFor the year ended March 31
Net revenue $1,955,531
Cost of goods sold 1,151,349
Gross profit $804,182
Other selling, general, and
administrative expenses 404,883
Operating income $399,299
Interest expense 560
Income before taxes $398,739
Provision for income taxes 91,387
Net income $307,352
Basic Earnings Per Share $4.11
b) The gross profit percentage is 41.12%.
What is the classified (multiple-step) income statement?The classified or multiple-step income statement is a financial performance statement that shows the different profit levels.
The first profit level, which can also be expressed in percentages, is the gross profit. The gross profit percentage is equal to the gross profit over the net revenue multiplied by 100.
The other profit levels are operating income, income before taxes, and net income.
Cost of goods sold $ 1,151,349
Interest expense 560
Net revenue 1,955,531
Other selling, general, and administrative expenses 404,883
Provision for income taxes 91,387
Weighted average shares outstanding 74,832
Net income = $307,352
Basic Earnings Per Share = $4.11 ($307,352/74,832)
Gross profit percentage = 41.12% ($804,182/$1,955,531 x 100)
Learn more about classified income statements at https://brainly.com/question/17108691
#SPJ1
which of the following is not a factor specified in u.s. copyright law for determining fair use? the amount and significance of the portion used the effect on the market for the copyrighted work the for-profit or non-profit status of the copyright holder the purpose and nature of the use
The for-profit or non-profit status of the copyright holder is not a factor that is specified in the US copyright law for determining fair use.
What is copyright?Copyright is described as a means of protecting intellectual property. It is important to mention that the original author of intellectual property only has the right to the work.
Under the US copyright law, the nature and the purpose of the users take more prominence. If the copyrighted material is used only for educational purposes and not for profit, then such usage is allowed by copyright law. However, if the usage is for profit, then such usage is not allowed or permitted by law.
It can be concluded that the for-profit or non-profit status of the copyright holder is not a factor that is specified in the US copyright law for determining fair use.
To know more about copyright, click this link:
https://brainly.com/question/357686
#SPJ4
homer is considering a project with cash inflows of $950 a year for years 1 to 4, respectively. the project has a required discount rate of 11 percent and an initial cost of $2,100. what is the discounted payback period? a) 3.05 years b) 2.68 years c) 3.39 years d) 2.21 years e) never group of answer choices
The discounted payback period for the project is 2.68 years.
What is discounted payback period?The discounted payback period (DPB), also known as the time it takes to break even on an investment, is the number of years it will take for the project's initial cost to equal the discounted value of its predicted cash flows. When a project's cumulative net present value reaches zero, that time period is known as the zero period.
The cumulative discounted cash flows will start out with a negative value because of the investment's initial cost, but as money is made after the initial investment, the discounted cash flows for those years will be positive, and the cumulative discounted cash flows will move in a positive direction toward zero. DPB happens when the discounted cash flows that have been cumulatively negative turn positive or rebound.
To learn more about discounted payback period, visit:
https://brainly.com/question/17191349
#SPJ4
jump-it corporation has a margin of safety of $272,000. the company sold 100,000 units this year. if the company sells each unit for $17, the margin of safety percentage is blank . multiple choice question. 6.25% 2.72% 14.3% 16%
Jump-it corporation has a margin of safety of $272,000. the company sold 100,000 units this year. if the company sells each unit for $17, the margin of safety percentage is 16%.
(Justification: Margin of safety equals $272k/(100k x $17) = 16%.)
The notion of margin of safety dictates that an investor only buys securities when their market price is substantially lower than their actual worth. The margin of safety is the differential when a security's market price is much less than your appraisal of its inherent value.
A corporation is a business or group of persons given legal status by the state to do business as a single unit. Non-stock corporations are businesses that aren't authorized to issue stock; as a result, people (or other entities) who have joined the company and are referred to as members are regarded the corporation's proprietors.
Learn more about margin of safety here :
https://brainly.com/question/24308153
#SPJ4