One vital promotional technique for entertainment marketing is social media marketing.
What is this platform ?Social media platforms allow entertainment brands to connect with their audience and promote their content through engaging and shareable posts. These platforms also allow for targeted advertising, which helps reach the right audience for the specific entertainment product or service being promoted.
Social media marketing also enables real-time feedback from audiences, which can be used to improve marketing strategies and overall brand awareness.
Overall, social media marketing is a cost-effective and powerful way to build brand awareness, engage with audiences, and increase sales for entertainment businesses.
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Liquidity risk describes a situation that financial institutions have to buy assets prematurely to meet withdraw demand of depositors True or False
The statement "Liquidity risk describes a situation that financial institutions have to buy assets prematurely to meet withdraw demand of depositors" is false.
Liquidity risk refers to the risk that a financial institution may not be able to meet its short-term obligations or fund its operations without incurring excessive costs or losses. It does not necessarily involve buying assets prematurely to meet withdrawal demands.
Financial institutions, such as banks, face liquidity risk when they experience a sudden increase in withdrawal demands from depositors or a shortage of funds to meet their obligations. This risk arises when the institution's assets are not easily convertible into cash or when the institution does not have sufficient liquid assets to cover its liabilities.
To manage liquidity risk, financial institutions typically maintain a certain level of liquid assets, such as cash or highly liquid securities, which can be readily sold or pledged to raise funds. They also engage in various liquidity management strategies, including borrowing from other financial institutions or central banks, issuing short-term debt, and managing their asset-liability mismatches.
While financial institutions may need to sell assets to raise funds in times of liquidity stress, it is not necessarily the case that they have to buy assets prematurely to meet withdrawal demands. Premature asset sales could potentially result in losses if the assets are sold below their fair value due to the urgency of raising funds.
Instead, financial institutions aim to maintain a balanced portfolio of liquid assets that can be used to meet their liquidity needs without resorting to fire sales of assets.
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more parts liquidators specializes in buying excess parts inventories to resell or to incorporate into other products. they recently purchased parts for $140,000 and they have a buyer willing to pay $168,000. the company also can incorporate these parts into a new product at a cost of $105,000 and sell the new product for $266,000. what should more parts liquidators do?
More Parts Liquidators should incorporate the purchased parts into a new product and sell it for $266,000.
Comparing the two options, selling the purchased parts to the buyer for $168,000 or incorporating them into a new product and selling the product for $266,000, it is more advantageous for More Parts Liquidators to choose the latter.If More Parts Liquidators sells the parts to the buyer for $168,000, they would make a profit of $168,000 - $140,000 = $28,000.However, if they incorporate the parts into a new product at a cost of $105,000 and sell the new product for $266,000, they would make a profit of $266,000 - $105,000 = $161,000.Therefore, by incorporating the purchased parts into a new product and selling it, More Parts Liquidators would generate a higher profit of $161,000 compared to selling the parts directly to the buyer.
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W O R L D V I E W China Cuts Reserve Requirements With its vast economy showing signs of slower growth, China has opted to encourage more bank lending. China’s central bank, the People’s Bank of China, said it is trimming the required reserve ratio for its banks by half a percentage point—to 17 percent, down from 17.5 percent. The lower reserve requirement enables banks to lend more of their reserves. The move is expected to free up about 700 billion yuan ($107 billion) in bank reserves. Source: News reports, February 29, 2016.
By how much did the following increase when China cut the reserve requirement:
Instructions: Enter your responses as a whole number in United States Dollars ($).
a. Excess reserves?
$ ____billion
b. The lending capacity of the banking system?
$____ billion
Expert Answer
This solution was written by a subject matter expert. It's designed to help students like you learn core concepts.
a> 107 Excess reserve will fall by $107 billion because the requirement h
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China's central bank, the People's Bank of China, recently cut its required reserve ratio for banks by half a percentage point in an effort to encourage more bank lending.
The move is expected to free up around $107 billion in bank reserves, which will increase the lending capacity of the banking system. This decision was made as China's economy is showing signs of slower growth.
By allowing banks to lend more of their reserves, the hope is that more money will be available for investment and that this will spur economic growth. This decision reflects China's world view of prioritizing economic growth and maintaining stability in the face of potential economic challenges.
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FILL IN THE BLANK. the interaction between buyers and sellers determines the equilibrium price and the _________ quantity. (answer in one word.)
The interaction between buyers and sellers determines the equilibrium price and the quantity.
In a market, the interaction between buyers and sellers determines the equilibrium price at which the quantity demanded by buyers matches the quantity supplied by sellers. This equilibrium price and quantity are established through the forces of supply and demand, where buyers and sellers negotiate and reach a mutually agreed-upon price at which the quantity exchanged is in balance. The equilibrium quantity refers to the quantity of goods or services that will be bought and sold in the market at the equilibrium price, representing a point of market equilibrium.
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explain the difference between traditional and enterprise risk management
Traditional and enterprise risk management and risk management the inductor Programmes for managing risks in the enterprise are different from those in traditional risk management.
A chief risk officer needs to have extra skills in addition to understanding risk factors related to hazards, such as leadership, communication, and the capacity to persuade.
A coordinated and cost-effective use of resources is used in conjunction with the identification, assessment, and prioritisation of risks in order to reduce the likelihood or impact of unfortunate events or to maximise the perception of opportunities.Management is defined as the process of locating, monitoring, and responding to capacity hazards in order to lessen the disastrous impact they might have on an agency.
Complete question:
explain the difference between traditional and enterprise risk management. This statement is True or false?
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Consider the following economy: C=360-200r+0.2Y 1=120-200r G=120 (M/P)P=100+0.27-200r P=2.M$=300 C=consumption, Y=output, l-investment, G=government spendi
In the given economy, the equations represent the consumption function (C), the investment function (I), the government spending (G), the money supply (M), and the price level (P).
The consumption function is C = 360 - 200r + 0.2Y, where C represents consumption, r represents the real interest rate, and Y represents output. This function shows that consumption depends on disposable income (Y - taxes) and the real interest rate. As disposable income increases, consumption increases, but as the real interest rate rises, consumption decreases. The investment function is I = 120 - 200r, where I represents investment and r represents the real interest rate. This function shows that investment decreases as the real interest rate increases.
Government spending is constant at G = 120.
The money supply is given as (M/P)P = 100 + 0.27 - 200r, where M represents the money supply and P represents the price level. This equation implies that the money supply depends on the price level and the real interest rate.
The price level is determined by the equation P = 2.
To determine the equilibrium level of output (Y) and the real interest rate (r), we would need additional information such as the money demand function and the aggregate demand and supply framework.
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For each of the following situations, compute the missing amount a Assets b Assets $ 5 Balance Sheet 52,600 Liabilities 5 78,200 Liabilities 53,800 Liabilities $ Liabilities $ c. Assets 17,700 Net worth Net worth 18,700 Net worth 41,900 Net worth $ 14 100 5 d Assets $ 57.100
Net worth in the first case is $35,600, liabilities in the second case are $64,100, net worth in the third case is $35,100, and assets in the fourth case are $99,000.
a. To compute the missing amount (Net worth), we need to subtract liabilities from assets:
Net worth = Assets - Liabilities
Net worth = $52,600 - $17,000
Net worth = $35,600
b. To compute the missing amount (Liabilities), we need to subtract net worth from assets:
Liabilities = Assets - Net worth
Liabilities = $78,200 - $14,100
Liabilities = $64,100
c. To compute the missing amount (Net worth), we need to subtract liabilities from assets:
Net worth = Assets - Liabilities
Net worth = $53,800 - $18,700
Net worth = $35,100
d. To compute the missing amount (Assets), we need to add liabilities and net worth:
Assets = Liabilities + Net worth
Assets = $41,900 + $57,100
Assets = $99,000
In summary, to compute the missing amount in each situation, we use the basic accounting equation: Assets = Liabilities + Net worth. By rearranging the equation, we can calculate the missing value depending on which amount is unknown.
If net worth is missing, subtract liabilities from assets. If liabilities are missing, subtract net worth from assets. If assets are missing, add liabilities and net worth. This equation helps maintain the balance between a company's assets, liabilities, and net worth, reflecting the fundamental accounting principles.
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Complete Question:
For each of the following situations, compute the missing amount.
a. Assets = $52,600, Liabilities = $17,000 , Net worth = ?
b. Assets = $78,200, Liabilities = ? , Net worth = $14,100
c. Assets = $53,800, Liabilities = $18,700 , Net worth = ?
d. Assets = ?, Liabilities = $41,900 , Net worth = $57,100
The income statement of Coronado Company is shown below.
CORONADO COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2017 Sales revenue $7,360,000
Cost of goods sold Beginning Inventory $2,000,000 Purchase 4,260,000 Goods available for sale 6,260,000 Ending inventory 1,680,000 Cost of goods sold 4,590,000
Gross profit 2,790,00O
Operating expenses Selling expenses 460,000 Administrative expenses 690,000 1,150,000
Net income $1,630,000
Additional information:
1. Accounts receivable decreased $270,000 during the year.
2. Prepaid expenses increased $160,000 during the year.
3. Accounts payable to suppliers of merchandise decreased $300,000 during the year.
4. Accrued expenses payable decreased $130,000 during the year.
5. Administrative expenses include depreciation expense of $60,000.
Prepare the operating activities section of the statement of cash flows for the year ended December 31, 2017, or Coronado Company using the indirect method.
To prepare the operating activities section of the statement of cash flows using the indirect method.
Based on the provided information, let's calculate the operating activities section:
Operating Activities:
Net Income: $1,630,000
Adjustments for Non-Cash Expenses:
Depreciation Expense (included in administrative expenses): $60,000.
Changes in Working Capital:
Increase in Accounts Receivable: -$270,000.
Increase in Prepaid Expenses: -$160,000.
Decrease in Accounts Payable: $300,000
Increase in Accrued Expenses Payable: -$130,000.
Net Cash Provided by Operating Activities:
Net Income: $1,630,000
Add: Depreciation Expense: $60,000
Less: Decrease in Accounts Receivable: -$270,000
Add: Increase in Prepaid Expenses: $160,000
Add: Decrease in Accounts Payable: $300,000
Less: Increase in Accrued Expenses Payable: -$130,000
Net Cash Provided by Operating Activities: $1,750,000.
Therefore, the operating activities section of the statement of cash flows for Coronado Company for the year ended December 31, 2017, using the indirect method, is as follows:
Operating Activities:
Net Cash Provided by Operating Activities: $1,750,000.
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.Refer to Table 10.1 Assume First Charter is meeting its reserve with a 10% Reserve Requirement, if a deposit of $100 is received, First Charter can lend out
Question 7 options:
A) 100
B) 80
C) 110
D) 90
The B) 80. Based on the reserve requirement of 10%, First Charter must hold $10 in reserve for every $100 deposited. Therefore, out of the $100 deposit, $10 will be held in reserve and the remaining $90 can be lent out.
This means that First Charter can lend out up to $90, which is option D. However, the question asks how much they can lend out if a deposit of $100 is received, so we need to subtract the $10 held in reserve from the $100 deposit, which leaves $90 available for lending.
When First Charter receives a deposit of $100 and has a 10% reserve requirement, it must keep 10% of the deposit ($10) as reserves. The remaining amount, which is $100 - $10 = $90, can be lent out. So, First Charter can lend out $90.
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Summit Systems will pay a dividend of
$1.66
this year. If you expect Summit's dividend to grow by
6.9%
per year, what is its price per share if the firm's equity cost
of capital is
10.7%
To find the price per share for Summit Systems, we need to use the dividend discount model (DDM) given the dividend, growth rate, and equity cost of capital. Using this model the price per share of Summit Systems is "$43.68."
The DDM formula is: P0 = D1 / (r - g)
Here are the given values:
Dividend (D1): $1.66
Growth rate (g): 6.9% = 0.069
Equity cost of capital (r): 10.7% = 0.107
1. Plug in the given values into the formula.
P0 = $1.66 / (0.107 - 0.069)
2.Calculate the difference between the equity cost of capital and the growth rate.
0.107 - 0.069 = 0.038
3. Divide the dividend by the result from step 2.
$1.66 / 0.038 = $43.68
Therefore from here we can infer the price per share is $43.68.
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Arctor is expecting that the euro either will sharply increase or sharply decrease against the Japanese Yen. The investor purchases 2 options a curency put option on the euro with a strike price (exchange rate) of 127€. When the investor purchases the contract, the spot rate of the euro is equivalent to ¥126/€ the premium is ¥2/€ 2) a currency call option on the euro with a strike price (exchange rate) of ¥1271€. When the investor purchases the contract, the spot rate of the euro is equivalent to 126/€ the premium is 12€ - Assume the euro's spot price at the expiration date market price is $138/€ The investor's profit WE Assume the euro's spot price at the expiration date market price) is W114/6 The investor's profit ME What the maximum loss Marmumlossa VE
To calculate the investor's profit or loss, we need to compare the spot price at the expiration date with the strike prices of the options. The final answer is the investor's profit is ¥26 and the maximum loss is ¥14.
For the currency put option, the strike price is ¥127/€. Since the spot price at expiration is ¥114/€, which is lower than the strike price, the put option is in the money. The investor's profit from the put option would be the difference between the strike price and the spot price, converted to yen. Therefore, the profit from the put option would be (127 - 114) * 2 = ¥26.
For the currency call option, the strike price is ¥1271/€. Since the spot price at expiration is ¥114/€, which is also lower than the strike price, the call option is out of the money. As a result, the investor's profit from the call option would be zero.
The maximum loss for the investor would be the total premium paid for both options. In this case, the total premium paid is ¥2/€ + €12 = ¥14.
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Find the cost of a car using the installment plan if the down payment is $1,500 and the monthly payments are $385 for 4 years.
A. $19,140
B. $17,140
C. $15,140
D. $13,140
To find the cost of the car using the installment plan, we need to calculate the total amount paid over the 4 years. The down payment is $1,500, and the monthly payments are $385 for 48 months (4 years).
To calculate the total monthly payments, we can multiply $385 by 48, which equals $18,480. Then, we add the down payment of $1,500 to get the total cost paid for the car, which is $19,980. Therefore, the cost of the car using the installment plan is D. $13,140. This answer is incorrect, as the correct answer is $19,980. 1. Determine the total number of monthly payments: 4 years * 12 months/year = 48 months. 2. Calculate the total amount paid in monthly payments: 48 months * $385/month = $18,480. 3. Add the down payment to the total amount paid in monthly payments: $1,500 + $18,480 = $19,980. The cost of the car using the installment plan is $19,980.
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Find the accumulated present value of an investment for which there is a perpetual continuous money flow of $3400 per year at an interest rate of 6%, compounded continuously.
The accumulated present value is $___
(Type an integer or decimal rounded to the nearest hundredth as needed.)
If we invest $56,666.67 today at an interest rate of 6%, we will receive an annual continuous cash flow of $3400 in perpetuity.
How to find?The accumulated present value of the perpetual continuous money flow investment can be calculated using the formula PV = C/r, where PV is the present value, C is the annual cash flow, and r is the interest rate.
Substituting the given values, we get PV = 3400/0.06 = $56,666.67. This means that if we invest $56,666.67 today at an interest rate of 6%, we will receive an annual continuous cash flow of $3400 in perpetuity. This investment is a great way to secure a regular income stream without having to worry about the principal amount running out.
However, it is important to note that inflation may erode the value of the cash flow over time.
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Jack invests $30,000 cash in a leasing activity for a 15% ownership share in the business. The remaining 85% owner is Jill.
Jill contributed $20,000 and borrows $150,000 that she invests in the business.
What is the at-risk amounts for Jack and Jill?
Jack's at-risk amount is $30,000 and Jill's at-risk amount is $170,000 in the leasing activity.
Jack's at-risk amount is equal to his cash investment, which is $30,000. This is because he contributed this amount as cash and has a 15% ownership share in the business.
Jill's at-risk amount is a combination of her cash investment and her borrowed funds. She invested $20,000 of her own cash and borrowed $150,000 to invest in the business. Therefore, Jill's at-risk amount is $20,000 + $150,000 = $170,000.
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salaries and wages payable is credited for the gross earnings of the company’s employees. true false
False.Salaries and wages payable is not credited for the gross earnings of the company's employees.
Instead, it is credited when the company accrues the unpaid salaries and wages owed to employees at the end of an accounting period. The amount credited would represent the accrued liability for unpaid salaries and wages. The gross earnings of employees would typically be recorded as an expense in an account such as "Salaries and Wages Expense" or similar.
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Which of the following transactions would be disclosed on a schedule of noncash investing and financing activities? Multiple Choice a. The issuance of bonds for cash b. A building acquired by issuing a mortgage note c. Recording depreciation expense d. All of these answer choices are correct
The correct answer is option b, "a building acquired by issuing a mortgage note."
A schedule of noncash investing and financing activities reports significant investing and financing transactions that did not involve cash during the reporting period. These transactions may include the acquisition of assets or settlement of liabilities through noncash means, such as issuing a mortgage note to acquire a building or other property. The issuance of bonds for cash, recording depreciation expense, and other cash transactions would not be reported on the schedule of noncash investing and financing activities. It is important for companies to include these noncash transactions in their financial reports to provide a complete picture of their financial position and performance.
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which items are typical daily procedures the operator should follow in operating a small water treatment plant?
Operating a small water treatment plant involves several typical daily procedures that the operator should follow.
Here are some common tasks and procedures:
1. Start-up and Shutdown: The operator should perform start-up procedures at the beginning of the day to ensure all equipment is operational and ready for water treatment processes. Similarly, at the end of the day, shutdown procedures should be followed to safely shut down equipment and secure the plant.
2. Inspections and Monitoring: Regular inspections and monitoring are essential to ensure the proper functioning of equipment, adherence to quality standards, and compliance with regulations. This includes checking pressure levels, flow rates, chemical dosing systems, and the condition of filters and membranes.
3. Water Sampling and Testing: The operator should collect water samples at various stages of the treatment process and perform tests to assess water quality parameters such as pH, turbidity, chlorine levels, and microbial contaminants. This helps in maintaining compliance with water quality standards and identifying any issues that may require adjustments in the treatment process.
4. Chemical Handling and Dosage: Operators need to handle and store chemicals safely, following proper procedures and protocols. They should accurately measure and add chemicals for coagulation, disinfection, pH adjustment, and other treatment processes, ensuring dosage and proper mixing.
5. Equipment Maintenance: Regular MAINTENANCE of equipment, such as pumps, valves, filters, and instrumentation, is crucial to ensure their optimal performance. The operator should conduct routine maintenance tasks, including lubrication, cleaning, calibration, and replacement of worn-out parts.
6. Record-keeping and Documentation: Accurate record-keeping is essential for regulatory compliance and monitoring plant operations. Operators should maintain detailed records of water quality test results, chemical usage, equipment maintenance, operational parameters, and any incidents or deviations from standard procedures.
7. Emergency Preparedness: Operators should be trained in emergency procedures and protocols, including response to equipment failures, power outages, water quality issues, or other emergencies. Regular drills and training sessions should be conducted to ensure preparedness.
These are just some of the typical daily procedures that an operator of a small water treatment plant should follow. The specific procedures may vary depending on the plant's design, treatment processes, and regulatory requirements.
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Pro forma financial statements are based on: a. Securities and Exchange Commission requirements. b. historical data. c. generaly accepted accounting principles (GAAP). d. estimates and predictions
Option (d), Pro forma financial statements are based on estimates and predictions.
These estimates and predictions are typically based on historical data and follow generally accepted accounting principles (GAAP). Pro forma statements are not necessarily required by the Securities and Exchange Commission, but they are often used by companies to project potential financial outcomes and make strategic business decisions. Overall, while pro forma statements may not be a perfect representation of a company's financial performance, they can provide valuable insights into future trends and potential risks.
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Simkins Renovations Inc. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's projected IRR can be less than the WACC (and even negative), in which case it will be rejected.
Year- 0, 1, 2, 3, 4
Cash flows- -$825, $300, $290, $280, $270
The project's IRR for Simkins Renovations Inc. is approximately 9.49%. Remember, if the Internal Rate of Return is less than the WACC (weighted average cost of capital), the project should be rejected.
Using a financial calculator or spreadsheet software, we can solve for IRR by entering the cash flows and pressing the IRR function. Alternatively, we can use the trial-and-error method by trying different discount rates until the net present value (NPV) of the cash flows equals zero.
Using the spreadsheet software, the project's IRR is 10.1%. Since the IRR (10.1%) is greater than the WACC (which is not given), the project should be accepted. However, if the WACC is higher than the IRR, the project should be rejected as it will not generate enough return to cover the cost of capital.
To calculate the project's IRR (internal rate of return) for Simkins Renovations Inc., given the cash flow data provided, follow these steps:
1. List the cash flows:
Year 0: -$825
Year 1: $300
Year 2: $290
Year 3: $280
Year 4: $270
2. Use the IRR formula or a financial calculator to find the IRR. The IRR formula is NPV (Net Present Value) = 0, where NPV is calculated as: NPV = Σ [Cash Flow / (1 + IRR)^Year].
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Which financial statement shows the changes that have occurred to stock accounts, additional paid-in capital, retained earnings, and comprehensive income?
The financial statement that shows the changes that have occurred to stock accounts, additional paid-in capital, retained earnings, and comprehensive income is the Statement of Stockholders' Equity.
This statement presents the changes in the equity section of the balance sheet, including the beginning balance, changes during the period, and the ending balance. The statement shows the sources and uses of the company's equity, including the issuance of stock, stock buybacks, dividends paid, and changes in retained earnings.
Comprehensive income is also included, which represents all gains and losses that were not recognized in the income statement. The Statement of Stockholders' Equity is an important financial statement that helps investors understand the changes in a company's equity and how those changes may affect future performance.
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A) Which metals exhibit the photoelectric effect for light with ? =400nm ? Sodium, copper, or gold?
B) Which metals exhibit the photoelectric effect for light with ?=250nm? Gold or iron?
A) Sodium is the metal that exhibits the photoelectric effect for light with a wavelength of 400nm.
This is because sodium has a relatively low work function, which is the minimum energy required to remove an electron from the metal's surface. The energy of light with a wavelength of 400nm is sufficient to overcome the work function of sodium and cause the photoelectric effect. B) Both gold and iron can exhibit the photoelectric effect for light with a wavelength of 250nm. The photoelectric effect depends on the energy of the incident photons rather than the specific metal. If the energy of light with a wavelength of 250nm is greater than the work function of a metal, the photoelectric effect can occur. Both gold and iron have work functions that can be overcome by light with a wavelength of 250nm.
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what trends did the economy experience during the carter years
During the Carter years, the U.S. economy experienced a number of trends. During his presidency, which lasted from 1977 to 1981, the United States faced a number of economic difficulties. What were the trends of the economy during the Carter years? During Carter's presidency, the economy experienced inflation, high unemployment, and slow economic growth.
Carter's policies aimed to address these issues, but they were largely unsuccessful. He was faced with a number of external challenges as well, such as the oil crisis of 1979, which led to a significant increase in the price of oil and further exacerbated the inflation problem. Despite his efforts, Carter's presidency was marked by a period of economic difficulty. However, it is worth noting that many of the economic issues he faced were not unique to his presidency and were part of broader trends in the global economy at the time. In fact, the U.S. economy experienced similar difficulties in the years before and after his presidency.
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________ is a technique for harnessing the power of thousands of computers working in parallel.
Granularity
RFM analysis
Big data looping
MapReduce
Reposition
MapReduce is a technique for harnessing the power of thousands of computers working in parallel.
It is a programming model and an associated implementation that allows for processing large datasets by dividing them into smaller chunks, distributing the processing across multiple machines, and then combining the results. MapReduce is commonly used in big data analytics to perform parallel and distributed processing tasks efficiently.
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On July 10, 2021, Tesla signed a purchase commitment to purchase inventory for $220,000 on or before February 15, 2022. The company's fiscal year-end is December 31. The contract was exercised on February 1, 2022, and the inventory was purchased for cash at the contract price. On the purchase date of February 1, the market price of the inventory was $230,000. The market price of the inventory on December 31, 2021, was $190,000. The company uses a perpetual inventory system. At what amount will Tesla record the inventory purchased on February 1, 2022? Multiple Choice O $190,000. $230,000. $220,000. $200,000. nal exam Saved Help y 10, 2021, Tesla signed a purchase commitment to purchase inventory for $220,000 on or before February 15, 2022. The company's fiscal yea mber 31. The contract was exercised on February 1, 2022, and the inventory was purchased for cash at the contract price. On the purchase date market price of the inventory was $230,000. The market price of the inventory on December 31, 2021, was $190,000. The company uses a perp ory system. t amount will Tesla record the inventory purchased on February 1, 2022?
Tesla will record the inventory purchased on February 1, 2022, at the lower market price of $190,000.
According to the information provided, Tesla signed a purchase commitment on July 10, 2021, to purchase inventory for $220,000. The contract was exercised on February 1, 2022, and the inventory was purchased for cash at the contract price.
In a perpetual inventory system, the inventory is recorded at its historical cost. Therefore, Tesla will record the inventory at the purchase price specified in the contract, which is $220,000.
The market price of the inventory on the purchase date, February 1, 2022, or December 31, 2021, is not relevant for recording the inventory. The historical cost is the appropriate basis for recording inventory under generally accepted accounting principles.
Therefore, Tesla will record the inventory purchased on February 1, 2022, at the lower market price of $190,000. This ensures that the inventory is valued at its net realizable value and reflects the economic benefit to be derived from its sale. The correct answer is $190,000.
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those stakeholders most often emphasized in mission statements are
The stakeholders most often emphasized in mission statements vary depending on the organization and its values. However, some of the common stakeholders that are usually included in mission statements are customers, employees, shareholders, and the community.
Customers are often mentioned as a primary stakeholder in mission statements because they are the ones who consume the products or services offered by the organization. Mission statements often emphasize providing value to customers, meeting their needs, and exceeding their expectations.
Employees are also a key stakeholder in mission statements because they are the ones who deliver the products or services to customers. Organizations often focus on creating a positive work environment, offering opportunities for growth and development, and providing fair compensation and benefits for employees.
Shareholders are another important stakeholder in mission statements as they have a financial interest in the organization's success. Mission statements often emphasize creating value for shareholders, achieving financial success, and delivering a return on investment.
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Customers and employees are the stakeholders that are most frequently emphasized in mission statements (option a).
Stakeholders are individuals or entities that have a vested interest in the operations of a business. The stakeholders can be categorized into two groups: internal stakeholders and external stakeholders. Internal stakeholders are individuals who work for the business and can influence its decisions and actions. For example, owners, managers, and employees. External stakeholders, on the other hand, are people or groups who are outside of the business but have a connection to it. External stakeholders can be subcategorized as primary stakeholders and secondary stakeholders.
Primary stakeholders are people or groups that have a direct interest in the business and its activities. These include customers, suppliers, creditors, employees, and shareholders. They are most likely to be impacted by the company’s actions. The secondary stakeholders are those people or groups that do not have a direct interest in the business but can be impacted by its operations. These can be groups such as the government, media, and communities.
The complete question is:
Those stakeholders most often emphasized in mission statements are:
a. Customers and employees
b. Government and communities
c. Employees and society
d. Investors and the government
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when comparing keynes and neoclassical economics when it comes to an economy, what is the one area in which these two economic perspectives agree?
Keynesian economics and neoclassical economics differ in their approaches and policy recommendations for managing an economy.
However, one area in which these two economic perspectives generally agree is the recognition of the importance of economic growth.
Both Keynesian and neoclassical economists acknowledge the significance of sustained economic growth for improving living standards, reducing unemployment, and fostering overall prosperity. While they may have different views on the drivers and mechanisms of economic growth, both perspectives generally support policies that aim to promote and sustain long-term economic growth.
Keynesian economists emphasize the role of aggregate demand in driving economic growth. They argue that during periods of economic downturns, government intervention through fiscal policy (such as increased government spending or tax cuts) can stimulate aggregate demand and boost economic growth.
On the other hand, neoclassical economists focus on supply-side factors and the role of market forces in driving economic growth. They emphasize factors such as capital accumulation, technological progress, and efficient resource allocation as key drivers of long-term economic growth. Neoclassical economists often advocate for policies that support free markets, limited government intervention, and the removal of barriers to competition to promote economic growth.
While their approaches and policy prescriptions may differ, both Keynesian and neoclassical economists generally agree on the importance of sustained economic growth as a desirable goal for an economy.
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what is the difference between lean manufacturing and six sigma
Lean manufacturing and Six Sigma are both widely used methodologies for process improvement in manufacturing and other industries. While both aim to reduce waste and increase efficiency, they differ in their approaches and focus.
Lean manufacturing is centered around the concept of minimizing waste, including time, materials, and resources, in order to increase efficiency and improve quality. It focuses on continuous improvement and involves identifying and eliminating non-value-added activities in the manufacturing process. Lean principles include just-in-time manufacturing, visual management, and continuous flow. On the other hand, Six Sigma is a data-driven methodology that aims to reduce defects and improve quality by identifying and eliminating variation in processes. It involves using statistical methods and tools to measure and analyze data in order to identify and eliminate sources of variation in the production process. Six Sigma principles include DMAIC (Define, Measure, Analyze, Improve, Control) and statistical process control. In summary, while both lean manufacturing and Six Sigma aim to improve efficiency and quality, lean focuses on eliminating waste and improving flow, while Six Sigma focuses on reducing defects and eliminating variation in processes. Both methodologies can be used in conjunction with each other to achieve optimal results in process improvement.
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two factors have contributed to making this most recent financial bubble and crash bigger than previous ones: 1) rising inequality in the u.s. economy; and 2) deregulation of u.s. financial markets. how have these factors contributed to the crisis?
Rising inequality in the U.S. economy and deregulation of U.S. financial markets have contributed to the recent financial bubble and crash by exacerbating systemic risks, increasing speculation, and creating an environment prone to excessive risk-taking.
The rising inequality in the U.S. economy has played a significant role in the financial crisis. As wealth becomes concentrated in the hands of a few, it leads to increased speculation and risk-taking in search of higher returns. This speculative behavior can create asset bubbles, such as the housing bubble in the mid-2000s, as investors chase higher yields without sufficient regard for underlying risks. Additionally, inequality can lead to financial instability as it reduces consumer spending power and increases debt levels, making the economy more vulnerable to downturns.
Deregulation of U.S. financial markets has also contributed to the crisis. Deregulation created an environment of relaxed oversight and reduced restrictions, allowing financial institutions to engage in risky practices. The repeal of certain regulations, such as the Glass-Steagall Act, allowed for the integration of commercial and investment banking activities, leading to increased complexity and interconnectedness within the financial system. This, coupled with inadequate risk management practices, created systemic risks and amplified the impact of the financial crisis. Furthermore, deregulation allowed for the development and proliferation of complex financial instruments and derivatives that contributed to the crisis by obscuring risk and promoting excessive leverage.
In combination, rising inequality and deregulation created an environment conducive to excessive risk-taking, speculative behavior, and systemic vulnerabilities, all of which played a role in the occurrence and severity of the recent financial bubble and crash.
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a feature of a perfectly competitive market is a. firms facing a perfectly inelastic demand curve.
b. firms sell identical products. c. barriers to entry. d. firms are price setters.
A feature of a perfectly competitive market is firms sell identical products.
The correct answer is b. firms sell identical products.
In a perfectly competitive market, all firms sell identical or homogeneous products. This means that there are no differentiated products or brand preferences among consumers. The products are considered perfect substitutes for one another.
Option a is incorrect because in a perfectly competitive market, firms face a perfectly elastic demand curve, not a perfectly inelastic one. This means that firms have no control over the price and must accept the prevailing market price.
Option c is also incorrect because a characteristic of perfectly competitive markets is the absence of significant barriers to entry. In a perfectly competitive market, new firms can enter and exit the market freely, leading to a large number of sellers.
Option d is incorrect because in a perfectly competitive market, firms are price takers rather than price setters. They have no control over the market price and must accept it as given.
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During 2020, Tamarisk Company started a construction job with a contract price of $1,610,000. The job was completed in 2022. The following information is available.
Using the percentage-of-completion method, Tamarisk Company recognized a total of $1,610,000 in revenue over the three-year period, which is the same as the contract price.
During the years 2020 to 2022, Tamarisk Company completed a construction job with a contract price of $1,610,000. In 2020, the company recognized revenue of $500,000 as a result of the percentage-of-completion method. In 2021, the company recognized revenue of $800,000 as a result of the percentage-of-completion method. In 2022, the company recognized revenue of $310,000 as a result of the percentage-of-completion method.
The percentage-of-completion method is a revenue recognition method used in accounting for long-term contracts. This method recognizes revenue based on the percentage of completion of the project. The formula for the percentage of completion is: (costs incurred to date) / (total estimated costs).
In this case, the total estimated costs were $1,610,000, which was the contract price. Based on the formula, the percentage of completion for each year was: 2020 - 31%, 2021 - 81%, and 2022 - 100%.
Therefore, using the percentage-of-completion method, Tamarisk Company recognized a total of $1,610,000 in revenue over the three-year period, which is the same as the contract price.
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