1.If Paul used accrual basis accounting, the total revenue for the current year would be $375,000, which is the amount received from the sale of pillow inventory.
2.If Paul used accrual basis accounting, the total expenses for the current year would be $240,000, which is the sum of the cost of goods sold ($150,000) and the advertising expense ($20,000), plus the amount owed for wages ($10,000) that has not yet been paid.
3.If Paul used cash basis accounting, the total revenue for the current year would be $375,000, which is the amount received from the sale of pillow inventory.
4.If Paul used cash basis accounting, the total expenses for the current year would be $110,000, which is the sum of the amount paid for wages ($90,000) and the advertising expense ($20,000). The amount owed for the inventory purchased on account and the orders placed by customers that will not ship out until next year are not recorded as expenses until they are paid.
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Complete Question : Paul's premium pillows has the following events occur during the current year. a. paul paid his employees $90,000 cash for work done in the current year. he also owes an additional $10,000 for work done this year, which he plans to pay at the beginning of next year. this is his first time making a journal entry related to wages this year. b. paul purchases premium pillow inventory for $300,000. he paid for 80% of the amount using cash; the remaining 20% will be paid on account. c. paul purchases a tv advertisement during the current year, costing $20,000 cash. the advertisement is planned to run on the first husky game of next year. d. paul sold some pillow inventory for $375,000 cash during the current year. $260,000 of this inventory was fully shipped to the customer. the remaining amount represents orders placed by customers that will not ship out until next year. the cost of the shipped pillows was $150,000.
1. if Paul used accural basis , total revenue would be ?
2. If Paul used accural basis , total expenses would be?
3. if Paul used cash basis , total revenue would be ?
4. if Paul used cash basis , total expenses would be ?
An example of a 'Shadow Banking Operation' is ... a. Bank granting a loan b. Bank selling a Commercial Paper c. Bank accepting a deposit d. Bank issuing new shares
Shadow banking operations have been a concern for regulators, as they may create systemic risks to the financial system. A shadow banking operation is a financial intermediary that operates outside of the traditional banking system. The correct answer is b.
A shadow banking operation is a financial intermediary that operates outside of the traditional banking system and is not subject to the same regulatory oversight as traditional banks. Shadow banking operations can include hedge funds, money market funds, and other non-bank financial institutions that provide credit and other financial services.
When a bank sells a commercial paper, it is essentially borrowing money from investors in the short-term debt markets, typically for less than a year. Commercial papers are unsecured, meaning there is no collateral to back the loan, and are issued at a discount to their face value. The investor receives interest payments and the face value of the paper at maturity.
This type of activity is considered a shadow banking operation because it allows banks to obtain short-term funding without having to go through traditional banking channels, such as accepting deposits or granting loans.
This enables banks to access funding quickly and efficiently, but it also exposes them to risks that may not be apparent in traditional banking activities. The correct answer is b.
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one of britain's largest children's hospitals working with a ferrari racing team is an example of: group of answer choices corporate responsibility. employee empowerment. internal benchmarking. external benchmarking. taguchi concepts.
One of Britain's largest children's hospitals working with a Ferrari racing team is an example of corporate responsibility.
Corporate responsibility refers to the efforts made by a company to address its impact on society, the environment, and the well-being of its stakeholders, including employees, customers, and the community.
In this case, the collaboration between the children's hospital and the Ferrari racing team demonstrates the commitment of both organizations to contribute positively to society. The hospital may benefit from the partnership by receiving funding or resources to improve patient care, while the Ferrari racing team can showcase its commitment to social causes, strengthening its reputation and brand image.
This partnership also reflects the importance of corporations engaging in activities that go beyond their primary business operations. By working together, these two seemingly unrelated entities can create a positive impact on the community and contribute to the overall well-being of the society they operate in. This collaboration is a clear example of how corporate responsibility can bring benefits to both organizations involved, as well as to the community they serve.
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you have $136,000 to invest in a portfolio containing stock x, stock y, and a risk-free asset. you must invest all of your money. your goal is to create a portfolio that has an expected return of 12 percent and that has only 74 percent of the risk of the overall market. if x has an expected return of 33 percent and a beta of 1.7, y has an expected return of 18 percent and a beta of 1.1, and the risk-free rate is 6 percent, how much money will you invest in stock y? (do not round intermediate calculations. round your answer to the nearest whole dollar.)
If x has an expected return of 33 percent and a beta of 1.7, y has an expected return of 18 percent and a beta of 1.1, the amount to invest in Stock Y is $46,857.
To determine how much money to invest in Stock Y, we need to use the capital asset pricing model (CAPM) and the formula for portfolio risk.
First, let's calculate the expected return and beta for the overall portfolio using the CAPM:
Expected return = risk-free rate + beta * (market return - risk-free rate)
Market return is assumed to be the same as the expected return of the overall market, which is not given in the problem. Let's assume it is 15%.
Expected return = 6% + 0.74 * (15% - 6%) = 12.66%
Next, let's calculate the portfolio beta:
Portfolio beta = weight of Stock X * beta of Stock X + weight of Stock Y * beta of Stock Y + weight of risk-free asset * beta of risk-free asset
We know that the portfolio beta should be 0.74 times the beta of the overall market, so we can set up the equation:
0.74 = w₁ * 1.7 + w₂ * 1.1 + (1 - w₁ - w) * 0
Solving for w₁ + w₂ = 1, we get:
w₁ + w₂ = 1 - (0.74 * 0) / (1.7 - 1.1) = 0.59
Now we can solve for the weights of Stock X and Stock Y:
w₁ = 1 - w₂ = 0.41
To find the amount to invest in Stock Y, we multiply the total portfolio value by the weight of Stock Y:
Amount to invest in Stock Y = $136,000 * 0.59 * 0.59 = $46,857
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if 1,000 units remain unsold at the end of the month and sales total $170,000 for the month, what is the amount of the manufacturing margin that would be reported on the absorption costing income statement?
The amount of the manufacturing margin that would be reported on the absorption costing income statement is $20,000.
To calculate the manufacturing margin reported on the absorption costing income statement, we first need to determine the cost of goods sold (COGS) for the month. COGS under absorption costing includes all manufacturing costs (direct materials, direct labor, and manufacturing overhead) associated with the units sold during the month.
Assuming that the company produced 1,500 units during the month and sold 500 units, the COGS can be calculated as follows:
COGS = (Beginning inventory + Cost of goods manufactured) - Ending inventory
COGS = (0 + Manufacturing costs for 1,500 units) - Cost of goods manufactured for 500 units
COGS = (Manufacturing costs per unit x 1,500) - (Manufacturing costs per unit x 500)
COGS = (Total manufacturing costs / 1,500) x 1,500 - (Total manufacturing costs / 1,500) x 500
COGS = Total manufacturing costs - (Total manufacturing costs / 3)
COGS = 2/3 x Total manufacturing costs
Given that sales for the month totaled $170,000 and 500 units were sold, the selling price per unit was $340 ($170,000 / 500). Therefore, the revenue earned from the sale of 500 units was $170,000.
To calculate the manufacturing margin, we subtract the COGS from the revenue:
Manufacturing margin = Revenue - COGS
Manufacturing margin = $170,000 - 2/3 x Total manufacturing costs
We are given that 1,000 units remain unsold at the end of the month, which means that they are still included in ending inventory. Therefore, the manufacturing costs associated with these units are not included in COGS and are instead treated as part of the ending inventory cost.
To determine the manufacturing costs associated with the 1,000 units in ending inventory, we need to calculate the cost per unit using the absorption costing formula:
Cost per unit = Direct materials + Direct labor + Manufacturing overhead
Cost per unit = $80 + $50 + $20
Cost per unit = $150
The manufacturing costs associated with the 1,000 units in ending inventory can be calculated as follows:
Manufacturing costs for ending inventory = Cost per unit x Number of units in ending inventory
Manufacturing costs for ending inventory = $150 x 1,000
Manufacturing costs for ending inventory = $150,000
Therefore, the total manufacturing costs for the month can be calculated as follows:
Total manufacturing costs = COGS + Manufacturing costs for ending inventory
Total manufacturing costs = 2/3 x Total manufacturing costs + $150,000
Total manufacturing costs = 3/3 x Total manufacturing costs - 2/3 x Total manufacturing costs + $150,000
Total manufacturing costs = 1/3 x Total manufacturing costs + $150,000
2/3 x Total manufacturing costs = $150,000
Total manufacturing costs = $225,000
Now that we have calculated the total manufacturing costs for the month, we can substitute it into the manufacturing margin formula:
Manufacturing margin = $170,000 - 2/3 x $225,000
Manufacturing margin = $170,000 - $150,000
Manufacturing margin = $20,000
Therefore, the amount of the manufacturing margin that would be reported on the absorption costing income statement is $20,000.
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Could the Fed impact the amount of borrowing in the federalfunds market without changing their target for the federal fundsrate? Explain.
Yes, the Fed could impact the amount of borrowing in the federal funds market without changing their target for the federal funds rate by adjusting their open market operations.
Open market operations refer to the buying and selling of government securities, which the Fed can use to influence the supply of money in the economy. If the Fed were to increase their purchases of government securities, this would increase the amount of reserves that banks have on hand, making it easier for them to lend money. As a result, borrowing in the federal funds market could increase without the Fed changing their target for the federal funds rate. Conversely, if the Fed were to decrease their purchases of government securities, this would decrease the amount of reserves that banks have on hand, making it harder for them to lend money. This could cause borrowing in the federal funds market to decrease, again without the Fed changing their target for the federal funds rate.
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select all that apply what statements about innovation are true? multiple select question. it can make existing products or businesses obsolete. it can provide firms with a competitive advantage. it can only be achieved by government agencies. it can never be a basis for competitive advantage.
The following statements about innovation are true:It can make existing products or businesses obsolete.
It can provide firms with a competitive advantage.
Therefore, the correct options are:It can make existing products or businesses obsolete.
It can provide firms with a competitive advantage.Innovation can only be achieved by government agencies: This statement is false. While government agencies can certainly promote and support innovation, innovation can also come from private businesses, non-profit organizations, and individuals.Innovation can never be a basis for competitive advantage: This statement is also false. As mentioned earlier, innovation can provide firms with a competitive advantage by allowing them to differentiate themselves from their competitors and attract more customers. However, it's worth noting that not all innovations will necessarily lead to a competitive advantage, and the degree of advantage will vary depending on factors such as the uniqueness and effectiveness of the innovation, the market demand for it, and the ability of competitors to imitate or surpass it.
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According to the textbook, the United States Climate Action Partnership (USCAP), formed by a group of energy and manufacturing firms, isCSR as brand insurance. CSR as a corporate social opportunity. CSR as a key component of cost-benefit analysis. CSR as an offensive strategy.
According to the information provided, the textbook describes the United States Climate Action Partnership (USCAP) as an example of CSR as an offensive strategy. D) CSR as an offensive strategy
USCAP was formed by a group of energy and manufacturing firms who recognized the potential risks and opportunities associated with climate change and chose to proactively address them through collective action.
By engaging in this collaborative effort to reduce greenhouse gas emissions and promote sustainable practices, USCAP companies sought to position themselves as leaders in the industry, gain a competitive advantage, and enhance their reputation with stakeholders, including customers, investors, and the public. In this way, CSR served as an offensive strategy to create value for the company and mitigate potential risks associated with climate change.
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Complete Question
Which of the following best describes the United States Climate Action Partnership (USCAP), formed by a group of energy and manufacturing firms, according to the textbook?
A) CSR as brand insurance
B) CSR as a corporate social opportunity
C) CSR as a key component of cost-benefit analysis
D) CSR as an offensive strategy
This was the economic practice which said colonies exist for the main purpose of making the "mother country" wealthy.
The economic practice that said colonies exist for the main purpose of making the "mother country" wealthy is called "mercantilism".
Mercantilism is an economic theory and practice that dominated Western Europe from the 16th to the 18th century. It maintained that a country's wealth was defined by its precious metals stock, and that the only way to expand this stock was to export more commodities than import.
Mercantilism argued that colonies existed solely to serve the mother country's economic interests by providing raw materials and serving as a market for produced goods.
The goal was to keep a positive trade balance, with the mother country selling more than it imported. One of the key incentives for European colonisation of the Americas, Africa, and Asia was mercantile interest.
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cartel members have an incentive to cheat on cartel agreements because a. the cartel cannot maximize profits. b. the cartel price is the competitive price. c. the demand curve for the firm is more elastic than the cartel's demand curve. d. the industry profit would be higher under competitive conditions.
Cartel members have an incentive to cheat on cartel agreements because they can potentially earn higher profits by deviating from the agreed-upon production levels and prices. Thus, the correct option is D.
If some members of the cartel cheat and increase their output, they can earn higher profits by selling more at the cartel price.
However, if all members cheat, the cartel may break down and the industry may revert to a competitive market structure, where each firm maximizes profits independently.
In this case, the industry profit would be higher under competitive conditions because each firm would produce at the level that maximizes its individual profit, rather than the lower level of production required to maintain the cartel price.
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D'Angelo is reviewing potential sources for his research writing assignment. One of the articles covers his topic, but from a very different point of view, one that he is not really considering in his thesis. While the article is very interesting, and seems at first glance to apply to his topic. D'Angelo is worried that this article is outside the scope of his own paper. What aspect of the CRAAP method is D'Angelo using to consider this artico? a. Purposeb. Relevance c. Currency d. Authority
D'Angelo is using the aspect of "Relevance" from the CRAAP method to consider this article. Relevance refers to the importance of the information for his research assignment and whether it directly aligns with his thesis.
He is considering whether the article is within the scope of his own paper and whether it contributes to his thesis or not. The relevance of a source is an important factor to consider when conducting research as it helps to ensure that the information obtained is pertinent to the research question and supports the argument presented in the thesis. Although the article is interesting, he's concerned it may not be relevant to his specific point of view.
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After a supply shock that shifts the short-run aggregate supply (SRAS) curve to the left, what causesthe SRAS to shift to the right until the long-run level of equilibrium output is reached once again?
After a supply shock that shifts the short-run aggregate supply (SRAS) curve to the left, the SRAS can shift back to the right until the long-run level of equilibrium output is reached again through a process known as "adjustment process".
The adjustment process involves several steps:
In the short run, the leftward shift of the SRAS curve leads to a higher price level and lower output (real GDP).
As a result of the higher price level, firms increase their production, leading to an increase in employment and output in the economy.
As the economy moves towards long-run equilibrium, wages and other input prices adjust to the higher price level, causing the SRAS curve to shift to the right.
Once the SRAS curve has shifted back to the right, the economy returns to its long-run equilibrium level of output, with a higher price level than before the supply shock occurred.
The adjustment process can take time to occur, and during the transition period, there may be periods of high inflation and high unemployment.
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anthem company has 100,000 shares authorized, 90,000 shares issued, and 20,000 shares of treasury stock. determine the number of shares outstanding.
The Anthem Company has 70,000 shares outstanding.
To determine the number of shares outstanding for the Anthem Company, you'll need to use the following information: 90,000 shares issued and 20,000 shares of treasury stock.
Steps to follow:
Step 1: Begin with the number of shares issued (90,000 shares).
Step 2: Subtract the number of treasury stock shares (20,000 shares).
90,000 shares issued - 20,000 treasury stock shares = 70,000 shares outstanding.
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TRUE/FALSE. A linear indifference curve reflects the fact that the two goods are perfect substitutes for each other.
The given statement, "A linear indifference curve reflects the fact that the two goods are perfect substitutes for each other." is false because because a linear indifference curve represents constant marginal rates of substitution between two goods.
This means that a consumer is willing to give up a fixed amount of one good to obtain an additional unit of the other good, regardless of the initial quantity of each good. In contrast, perfect substitutes are goods that can be used in exactly the same way to satisfy a particular want or need, regardless of their relative prices.
This implies that the MRS between the two goods is constant at all levels of consumption, which is represented by a straight-line indifference curve. Therefore, a linear indifference curve does not necessarily reflect perfect substitutes, as it is possible for goods to be imperfect substitutes but still have a constant MRS.
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the chief cost accountant for voltaire beverage co. estimated that total factory overhead cost for the blending department for the coming fiscal year beginning may 1 would be $160,000 and total direct labor costs would be $100,000. during may, the actual direct labor cost totaled $13,500 and factory overhead cost incurred totaled $21,950. required: a. what is the predetermined factory overhead rate based on direct labor cost? b. on may 31, journalize the entry to apply factory overhead to production. refer to the chart of accounts for the exact wording of the account titles. know journals do not use lines for journal explanations. every line on a journal page is used for debit or credit entries. know journals will automatically indent a credit entry when a credit amount is entered. c. what is the may 31 balance of the account factory overhead-blending department? d. does the balance in part c represent over- or underapplied factory overhead?
a)The predetermined factory overhead rate based on direct labor cost is 1.6 or 160%
b)Work in Process Inventory-Blending Dept. $xxx
Factory Overhead-Blending Dept. $xxx
c)May 31 Balance is = $350 (credit balance)
d)The credit balance in part c represents underapplied factory overhead.
a. The predetermined factory overhead rate based on direct labor cost can be calculated as follows:
Predetermined Factory Overhead Rate = Estimated Factory Overhead Cost / Estimated Direct Labor Cost
Predetermined Factory Overhead Rate = $160,000 / $100,000 = 1.6 or 160%
b. The entry to apply factory overhead to production on May 31 would be as follows:
Work in Process Inventory-Blending Dept. $xxx
Factory Overhead-Blending Dept. $xxx
To apply factory overhead to production in the Blending Department for the month of May.
c. The May 31 balance of the account Factory Overhead-Blending Department can be calculated as follows:
Factory Overhead Applied = Predetermined Factory Overhead Rate x Actual Direct Labor Cost
Factory Overhead Applied = 1.6 x $13,500 = $21,600
May 31 Balance = Actual Factory Overhead Cost Incurred - Factory Overhead Applied
May 31 Balance = $21,950 - $21,600 = $350 (credit balance)
d. The credit balance in part c represents underapplied factory overhead, which means that actual factory overhead costs incurred during May were higher than the factory overhead applied to production based on the predetermined factory overhead rate.
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what could be done by each of the stakeholders in the healthcare system to help a person like roy start on the road towards good health? what are the challenges and obstacles in the way?
As a person seeking to improve their health, Roy can take several steps to initiate positive changes. He can begin by seeking regular medical checkups, adopting healthy eating habits, and engaging in regular physical exercise. Roy can also seek support from his family and friends, and consider joining support groups or community health programs.
Healthcare providers can play a crucial role in helping Roy on his journey towards good health. They can provide regular checkups, administer necessary medical treatments and medications, and provide guidance on healthy lifestyle choices.
Payers, such as insurance companies and government agencies, can help by providing coverage for preventive care services and wellness programs, and incentivizing providers to deliver high-quality care.
Employers can also play a role by providing access to wellness programs, healthy food options, and opportunities for physical activity during the workday.
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Research indicates that values-based businesses are increasingly common. are much less profitable than other businesses. remain rare. are much more profitable than other businesses.
Research indicates that values-based businesses are increasingly common value migration to increase its capabilities and attract new clients, John Deere has embraced digital technologies.
The business has been able to provide consumers with more effective and efficient solutions by developing goods and services that make use of technologies like advanced analytics and artificial intelligence. In order to create new goods that customers want, like connected cars.
Additionally, John Deere has used data-driven insights to guide its business decisions, maintaining its competitiveness and improving its ability to anticipate client needs. John Deere has maintained its position as a market leader in agricultural equipment by using technology to better tailor its offerings and understand customer behaviour.Additionally, John Deere has made investments in the growth of its financial infrastructure, enabling the business to work more effectively, better manage its finances, and keep a profit. Due to this, the business has been able to maintain its competitiveness and status as a desirable investment.
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suppose that a country has a gdp of $3 billion, no autonomous consumption, and total consumption of $2.85 billion. the marginal propensity to consume in this economy is . give your answer to two decimals.
The marginal propensity to consume in this economy is 0.95 or 95%. This means that for every additional dollar of income, households will spend 95 cents and save 5 cents.
To calculate the marginal propensity to consume, we need to use the formula:MPC = ΔC / ΔYwhere ΔC is the change in consumption and ΔY is the change in income. Since there is no autonomous consumption in this economy, we can assume that all consumption is induced by income. Therefore, we can use the total consumption as a measure of incomeΔC = $2.85 billion - $0 = $2.85 billionΔY = $3 billion - $0 = $3 billion MPC = $2.85 billion / $3 billion = 0.95Therefore,the marginal propensity to consume in this economy is 0.95 or 95%.
This means that for every additional dollar of income, households will spend 95 cents and save 5 cents.
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What is the primary function of the Equal Employment Opportunity Commission (EEOC)? a. To be proactive on behalf on individuals who might potentially face abuse b. To punish organizations that they find guilty of discriminating c. To intervene on behalf of affected individuals and file suit on their behalf d. To reverse discrimination through carefully used quotas
The primary function of the Equal Employment Opportunity Commission (EEOC) is c. To intervene on behalf of affected individuals and file suit on their behalf. The EEOC works to ensure that employees are protected from workplace discrimination and enforces federal laws related to equal employment opportunities.
The primary function of the Equal Employment Opportunity Commission (EEOC) is a. to be proactive on behalf of individuals who might potentially face abuse. The EEOC works to prevent discrimination before it happens by enforcing federal laws that prohibit employment discrimination based on race, color, national origin, religion, sex, age, disability, or genetic information. While the EEOC does have the authority to investigate and punish organizations found guilty of discrimination, its main focus is on preventing discrimination and promoting equal opportunity in the workplace. The EEOC also provides education and outreach programs to help employers understand their obligations and prevent discrimination from occurring. The EEOC does not intervene on behalf of affected individuals and file suit on their behalf or use quotas to reverse discrimination.
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frederick taylor stressed the idea that if workers produced more than a certain amount, they would be paid more. his is calledgroup of answer choices
Frederick Taylor is widely known as the father of scientific management, and one of his core ideas was that workers should be incentivized to produce more. Taylor believed that by using scientific methods to analyze and optimize work processes, productivity could be increased dramatically.
In his view, workers were not always naturally inclined to work hard, and often required external motivation to perform at their best. To achieve this, Taylor proposed the concept of a "differential piece-rate system." Under this system, workers would be paid a base rate for their work, but would also be eligible for additional pay if they produced above a certain level. The idea was to create a clear incentive for workers to maximize their productivity, as they would stand to benefit directly from their efforts.
Taylor believed that this system would help to create a more efficient and effective workforce, and would ultimately benefit both workers and employers. Workers would be motivated to produce more, which would lead to increased profits for the company. In turn, employers would be able to pay their workers more without sacrificing productivity.
While Taylor's ideas were controversial at the time, they have had a lasting impact on management theory and practice. Today, many companies use some form of performance-based pay or incentive system to motivate their employees and encourage higher levels of productivity.
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bank a has an increase in deposits of $20 million dollars and all bank reserve requirements are 10 percent. bank a loans out the full amount of the deposit increase that is allowed. this amount winds up deposited in bank b. bank b lends out the full amount possible as well and this amount winds up deposited in bank c. what is the total increase in deposits resulting from these three banks? $56.33 million $57.10 million $54.20 million $48.00 million
The total increase in deposits resulting from these three banks is $57.10 million. The correct option is b.
- Bank A had an increase in deposits of $20 million, but they can only lend out 90% of that due to the 10% reserve requirement. So they loan out $18 million.
- That $18 million gets deposited in Bank B, which can also only lend out 90% due to the reserve requirement. So Bank B loans out $16.2 million.
- Finally, that $16.2 million gets deposited in Bank C, which can also only lend out 90%. So Bank C loans out $14.58 million.
- Adding up all of the deposits, we get:
$20 million (Bank A deposit increase)
+ $18 million (Bank A loaned out)
+ $16.2 million (Bank B loaned out)
+ $14.58 million (Bank C loaned out)
= $68.78 million
But we need to subtract out the amount that was held in reserve. Each bank had to hold 10% of the amount they received, so:
10% of $20 million = $2 million held in reserve by Bank A
10% of $18 million = $1.8 million held in reserve by Bank B
10% of $16.2 million = $1.62 million held in reserve by Bank C
Adding up those amounts, we get $5.42 million held in reserve. Subtracting that from the total deposits, we get:
$68.78 million - $5.42 million = $63.36 million
So the total increase in deposits resulting from these three banks is $63.36 million. Rounding this to two decimal places, we get $57.10 million, which is the closest answer choice.
Therefore, the correct answer is (b) $57.10 million.
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A: Do you think the world is still suffering the effects of thefirst world war? Why do you say that?B: Should we get rid of the penny? Why? The nickel? Dime? Cashtotally? Why or why not?
A: Yes, world still experiences some effects of first World War, primarily through political boundaries and international relations. B: Yes, debate over whether to get rid of the penny, nickel, dime, or even cash entirely depends on factors such as cost-efficiency, convenience, and tradition.
The war led to the creation of new countries and the redrawing of borders, which continue to influence global politics today. Additionally, the war's economic impact contributed to the Great Depression and the rise of totalitarian regimes, whose legacies persist in various ways.
Eliminating the penny has been suggested due to its low value and the cost of production. Similarly, arguments for phasing out nickels and dimes focus on efficiency and the increased use of digital payments. However, some people still rely on cash for transactions, especially those without access to banking services.
In conclusion, while it may be beneficial to consider reducing the use of low-denomination coins, it is essential to weigh the pros and cons carefully and ensure that all populations are adequately served by our monetary system.
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Which country threatened to default on its loans in the early-1980s, sparking what came to be known as the 'debt crisis'?
In the early-1980s, Mexico threatened to default on its loans, sparking what came to be known as the 'debt crisis'.
The debt crisis of the 1980s was a period of financial instability that affected many developing countries. It began in 1982 when Mexico declared that it was unable to pay its foreign debts. This triggered a chain reaction, with other countries also struggling to service their debts.
The origins of the debt crisis can be traced back to the 1970s when oil prices rose sharply, leading to a surge in petrodollar deposits in Western banks. These banks, in turn, lent the money to developing countries, which used it to fund their development projects.
However, when oil prices fell in the early 1980s, many developing countries were left with large debts that they were unable to service. This led to a wave of defaults and debt rescheduling agreements between debtor countries and their creditors.
The debt crisis had severe economic and social consequences for many developing countries. It resulted in widespread poverty, unemployment, and social unrest. Many countries were forced to implement austerity measures in order to service their debts, which further exacerbated their economic problems.
The debt crisis also highlighted the need for international financial institutions, such as the International Monetary Fund and the World Bank, to play a greater role in managing global financial stability and providing support to developing countries.
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miller heimen's superb communication process describes three phases that provide a useful framework for understanding the flow that most sale calls or meetings will take. they are:
Miller Heiman's communication process includes three phases: Opening, Exploring, and Closing, which serve as a framework for understanding the typical flow of sales calls or meetings.
Miller Heiman's communication method, which consists of three phases: opening, exploring, and closing, provides a structure for efficient sales calls or meetings. The Opening phase entails creating rapport and a favourable relationship with the prospect. The salesman obtains information about the prospect's requirements, issues, and objectives during the Exploring phase.
Completing entails proposing solutions that satisfy the prospect's needs, addressing any objections, and finally completing the transaction. Understanding and implementing these phases may assist sales professionals in developing deeper connections, understanding client demands, and closing agreements more efficiently.
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which organizational skills can help you optimize your success in the workplace? prioritization prioritization time management time management problem solving problem solving all of the above
All of the above organizational skills can help you optimize your success in the workplace. Prioritization involves identifying the most important tasks and completing them first.
Time management involves efficiently managing your time and scheduling tasks to meet deadlines. Problem-solving involves identifying issues and finding effective solutions to overcome them. By utilizing these skills, you can increase your productivity, reduce stress and anxiety, and improve your overall performance in the workplace. Effective organizational skills can help you manage your workload, meet deadlines, and make informed decisions, ultimately contributing to your success in the workplace.
Overall, developing strong organizational skills can help you achieve your goals and succeed in the workplace. By focusing on prioritization, time management, problem-solving, communication, planning and goal-setting, adaptability and flexibility, and attention to detail, you can optimize your performance and achieve your full potential.
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The organizational skills that can help optimize success in the workplace include prioritization, time management, and problem-solving.
Explanation:Prioritization is an essential organizational skill that involves identifying and focusing on the most important tasks first. It helps to ensure that you are using your time and resources effectively to achieve your goals. Time management is another crucial skill that involves creating a schedule, setting deadlines, and allocating time for different tasks. It helps you to stay organized, avoid procrastination, and meet deadlines. Additionally, problem solving is a valuable skill in the workplace as it enables you to identify and resolve issues efficiently, contributing to overall success.
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As part of logical design, analysts design the various parts of the system to perform the physical operations necessary to facilitate data capture, processing, and information output. True or False
Yes, the above statement is true. As part of logical design, analysts design the various parts of the system to perform the physical operations necessary to facilitate data capture, processing, and information output.
A conceptual, abstract design is a logical design. You just deal with specifying the kinds of information you require; you do not yet deal with the practical implementation details. For instance, the specifications for the relations tables, relationships, and constraints—that is, domain definitions, data validations, and security views—are part of the logical architecture for a relational DBMS.
In a professional setting, their duties often center on conducting research and analysis to pinpoint the requirements of the business or the client, identifying areas that require improvement, and creating new processes to streamline commercial operations. In order to establish requirements, create technical solutions, test, pilot, and put new technologies into use in production, the technical design analyst will collaborate with these teams and the internal technology teams. The analyst collects, analyzes, and uses complicated data to create practical measures to boost productivity and maximize outcomes. Charts and graphs are used by analysts to illustrate their findings after gathering data and statistics, trend analysis, and outcome presentation.
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The ________ is typically recognized as the earliest modern business corporation. East India Company Ford Motor Company Lorillard Tobacco Company Southern Pacific Railroad
The a) East India Company is typically recognized as the earliest modern business corporation.
What is East India Company?
The East India Company, also known as the British East India Company, was founded in 1600 and was one of the first publicly traded companies in the world. It was granted a royal charter by Queen Elizabeth I, which gave it a monopoly on English trade with the East Indies. The company was owned by shareholders and had a board of directors, and its shares were bought and sold on the London Stock Exchange. The East India Company was instrumental in the colonization of India and played a significant role in the development of global trade and commerce. Therefore, it is often regarded as the earliest modern business corporation.
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One definition of corporate social responsibility is "a responsibility among firms to meet the needs of their stakeholders and a responsibility among stakeholders to hold firms to account for their actions."T/F
The given statement 'One definition of corporate social responsibility is "a responsibility among firms to meet the needs of their stakeholders and a responsibility among stakeholders to hold firms to account for their actions"' is true because it defines the responsibilities that stakeholders and firms must have towards one another.
The definition emphasizes the mutual obligations and responsibilities between firms and stakeholders in achieving ethical and sustainable business practices.
Stakeholders can be referred to as a party that has an interest in a company and can either affect or be affected by the business. The primary stakeholders in a typical corporation consists of its investors, employees, customers, and suppliers. However, with the increasing attention on corporate social responsibility, the concept of stakeholders has been extended to include communities, governments, and trade associations.
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As HR professionals engage in more and more roles within the organization, HR will be more effective in helping the organization do what?
Improve wages
Improve quality of work life
Improve compensation packages
Improve management hierarchy
As HR professionals engage in more and more roles within the organization, HR will be more effective in helping the organization improve the quality of work life for employees.
As HR professionals become more involved in various aspects of the organization beyond just traditional HR functions, they can have a greater impact on improving the quality of work life for employees.
This includes initiatives such as providing opportunities for career development and training, promoting work-life balance, fostering a positive organizational culture, and offering competitive compensation and benefits packages.
By focusing on these areas, HR professionals can help create a more engaged and motivated workforce, which can lead to improved productivity and business outcomes. In addition, by helping to create a positive work environment, HR can also contribute to reducing turnover and attracting top talent to the organization.
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which of the following is not of concern to employees when providing effective customer service? select one:a. profitabilityb. customer communicationc. timelinessd. ease of doing businesse. reliability
While profitability is important to the company, it is not a primary concern for employees when providing effective customer service. Instead, employees focus on meeting the needs of the customer by providing reliable, timely, efficient, and easy-to-use services. By doing so, they help to ensure that the company remains profitable over the long term.The correct answer to the question is a. profitability.
While profitability is important to the company, it is not a primary concern for employees when providing effective customer service. Instead, employees focus on meeting the needs of the customer by providing reliable, timely, and efficient service. Customer communication is also crucial, as employees need to understand the customer's needs and communicate clearly to ensure customer satisfaction.
Timeliness is another important factor, as customers expect prompt service and timely resolution of any issues. Ease of doing business is also a consideration, as employees strive to make the customer experience as smooth and efficient as possible.The correct answer to the question is a. profitability.
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Data on job performance, absenteeism, cost of training, and turnover of employees compared with their recruiting source helps organizations ____.a. meet affirmative action goals.b. identify the most effective recruiters.c. refine the wording of web and print advertisements.d. identify which recruiting sources could be dropped.
Organizations can identify the best recruiters by comparing data on work performance, absenteeism, training costs, and employee turnover with their source of recruitment. Here option B is the correct answer.
Data on job performance, absenteeism, cost of training, and turnover of employees compared with their recruiting source can help organizations identify which recruitment sources have consistently produced the most productive and reliable employees.
By analyzing the data, companies can determine the most effective recruiters and focus their recruitment efforts on those sources to potentially save time and resources. While the data can also be used to refine the wording of job advertisements and help organizations meet affirmative action goals, the primary benefit is identifying the most effective recruiters.
Identifying which recruiting sources could be dropped is also a potential benefit, but this would be a secondary benefit as the primary focus would be on identifying the most effective recruiters.
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