Business High School
Answers
Answer 1
True, the main difference between a market order and a limit order is that market orders trigger the immediate purchase or sale of a stock at its current market value, while limit orders allow you to delay transactions until the stock meets a specified price.
What is Market Order vs. Limit Order?
To purchase shares is comparable to purchasing a car. For the dealer's suggested retail price, a car can be purchased. As an alternative, you could agree on a price and postpone signing the contract until the dealer accepts your valuation. On the stock market, it functions similarly.
A market order deals with the order's execution. Or, to put it another way, the speed at which the trade is completed is more crucial than the security's price. But the main issue with limit orders is the cost. If the security's value is now outside the limit order's predetermined range, the transaction is not carried out in this scenario.
Market orders are agreements that need to be carried out as soon as is practical and at the current price.
Limit orders outline the maximum and lowest prices at which you're willing to carry out a buy or sell order.
There are no guarantees because orders are subject to availability, even though there is a higher likelihood that a market order will be filled. Limit orders may never be filled if the price set in the order is not met. The order will then expire on the date specified in the order's expiration clause.
Limit orders are frequently used for investments that are more volatile because market orders may cause investors to pay significantly more when there are significant price changes over a brief period of time.
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Related Questions
item 7at the beginning of the year, a company estimates total overhead costs of $1,120,000. the company applies overhead using machine hours and estimates that it will use 2,800 machine hours during the year. what amount of overhead should be applied to a job that uses 25 machine hours that year?
Answers
The company applies overhead using machine hours and estimates that it will use 2,800 machine hours during the year. 10,000 overhead should be applied to a job that uses 25 machine hours that year
The expenditures incurred by the business entity in manufacturing other than direct material and labor, including indirect labor and material, are referred to as factory overhead.
The cost-accounting method records applied overhead as a sort of direct overhead charge. A predetermined fee charged to a given production operation, good produced, or department within a firm is referred to as applied overhead.
Cost accounting is used by businesses to identify the expenses connected with manufacturing.
It is a traceable type of overhead. In contrast to general overhead, which is an indirect overhead such as utilities, salary, or rent, applied overhead is a direct overhead.
Overhead applied = ( estimated overhead / estimated hours) ' Household by job
= (1120000 / 2800) * 25
= 400 * 25
= 10,000
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10. prior to opening, each site must have form 15272, vita/tce security plan, approved and a copy available at the site. a. annually b. monthly c. every other year d. before the end of the filing season
Answers
Before the end of the filing season, each site must have an approved VITA/TCE Security Plan available for review.
What is VITA/TCE Security Plan?By adhering to the security, you can improve and maintain the security of taxpayer information used at a VITA/TCE location.The Volunteer Income Tax Assistance (VITA) program assists taxpayers who are disabled or have limited English proficiency and have an income of less than $54,000. The Tax Counseling for the Elderly (TCE) program assists people over the age of 60 in filing their tax returns and receiving a basic assessment of their retirement accounts.Both programs are primarily comprised of qualified individuals who have obtained a Volunteer Standards of Conduct (VSC) certification with a score of more than 80% and are committed to the VSC rules by filing Form 13615 of ethics.
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Answer:
Which consent form must every taxpayer sign prior to beginning a virtual tax preparation
process?
d. Form 14446, Virtual VITA/TCE Taxpayer Consent
Explanation:
Prior to beginning a virtual tax preparation process, the taxpayer(s) must agree to the virtual process by signing Form 14446, Virtual VITA/TCE Site Model Taxpayer Consent UT O True OFalse 12. IRS sponsored free tax preparation sites.
after receiving hundreds of complaints about low wages, the owner of a national restaurant chain decides to increase the base salary for hourly workers. this is an example of
Answers
This is an example of Corporate Social Responsibility shown by the owner of the restaurant.
This is an example of a business owner responding to customer feedback and taking action to improve the working conditions of their employees. By increasing the base salary for hourly workers, the owner is demonstrating their commitment to providing fair wages and creating a positive work environment. This action is likely to have a positive impact on employee morale and productivity, as well as customer satisfaction. Corporate social responsibility (CSR) is a self-regulatory corporate structure that assists a corporation in becoming transparent and accountable to itself, its stakeholders, and the general public. Companies that practice corporate social responsibility, also known as corporate citizenship, can be aware of the influence they have on all aspects of society, including the commercial, social, and ecological. CSR implies that a firm operates in ways that benefit society and the environment rather than harming them in the usual course of business.
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All of the following are part of the FASB conceptual framework:Qualitative characteristics
Recognition and measurement
Elements
Objectives
Answers
The qualitative, characteristics, objectives, and measurement ideas elements make up the FASB conceptual framework.
How does the FASB operate?
The FASB establishes and publishes financial accounting and reporting standards through an open and welcoming process to promote financial reporting that provides investors and other consumers of financial reports with pertinent information. The Financial Reporting Boards (FASB), a private organization, is in charge of developing the accounting guidelines that American companies must follow when publishing financial reports.
Where does FASB work?
The Financial Reporting Standards Board (FASB), a national institution in the US, creates accounting laws for both government and private firms as well as charitable organizations. A sibling organization, the Governments Board of Financial Statements (GASB), sets standards for municipal and state governments. The rules the FASB establishes are known as Generally Accepted Accounting Standards (GAAP).
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an account planner is planning their company's online advertising budget on a monthly basis. they choose ads performance planner for help accomplishing this task. which two advantages does performance planner offer? (choose two.)
Answers
The correct response is d. Leverage of machine learning for forecasting.
In essence, forecasting enables a corporation to examine past trends along with their present position and predict a future. In order to predict sales, budgets, and other things, you can use business forecasting tools. You can define and achieve goals by having a clear view of the potential of your company using data and industry trends. In marketing and sales, strategic forecasting is the process of predicting future demand and sales growth using benchmarks, historical data, and other information and considerations. Click Forecast Sheet in the Forecast group, which is located on the Data tab. Choose a line chart or a column chart from the Create Forecast Worksheet box to show the forecast visually. Select a conclusion by clicking Create after selecting a date in the Forecast End box.
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caleb created a column chart that lists numbers from $50,000 to $0 on the left. what can he add to the chart to indicate that these are monthly revenue amounts?
Answers
Caleb can add the Vertical axis title to indicate monthly revenue amounts
The text labels that appear along a chart's horizontal and vertical axes are called axis labels. They can be used to provide descriptive information about the data or to specify the units of measurement for the data shown on the chart. In this instance, a nice method to show that the figures shown on the chart's left side correspond to monthly revenue amounts would be to add a vertical axis title.
In the case of Caleb, the terms Monthly Sales or Monthly Revenue must be straightforward and descriptive as the chart lists numbers from $50,000 to $0 on the left. This will make it easier for the viewer to comprehend the significance of the data and the size of the figures being displayed. If Caleb wanted to be more particular, he could also add a label to the horizontal axis that listed the months or the duration of the data.
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Being a former teacher, Marie wanted to start her own business that is related to education. She is fond
of technology and wanted a business that is aligned with making learning enjoyable with the use of
technology. She is firm with following nonnegotiables for her business:
1. She wanted full control of her business so she could decide and run it without consulting
anyone.
2. She likes to explore the range of services which includes an app that will revolutionize the
learning process through online activities and
3. She wanted it to be easy, convenient and cost-efficient.
However, the following are her predicaments:
1. Lack of experience as she is not a graduate of a management or business degree.
2. Lack of capital as she already invested the majority of her savings in the development of the
app by commissioning a third party to do it.
3. Lack of staff to do other tasks like marketing, developing the improvements of the app, etc.
She is now thinking how to start her business given non non-negotiables and her difficulties.
1. Given her non-negotiables and her situation, what form of business should she engage in?
Explain the advantages and disadvantages of choosing the form of business.
2. Develop an organizational structure that will help her business be more structured given the
nature of her busines
Answers
Personal liability protection, business security and continuity, and easier access to financing are benefits of forming a corporation. A corporation has drawbacks such as being time-consuming and being vulnerable to double taxation.
What is double taxation?
A tax principle known as "double taxation" refers to paying income taxes twice on the same source of income. When income is subject to both corporate and individual taxes, it may happen.
When the same income is taxed in two different nations for the same investment or transaction, this is known as double taxation. Double taxation is frequently an unforeseen result of tax law.
Tax authorities try to avoid it whenever feasible because it is typically viewed as a negative component of a tax system.
Most tax systems make an effort to establish an integrated system where money earned by a company and paid out as dividends and income earned directly by a person is, using different tax rates and tax credits.
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Answer:
D on edge
Explanation:
I think
what role do investment banks play in the economy?
Answers
By issuing loans or selling shares in the firms, investment bankers assist their customers in raising funds on the capital markets.
How is economics related to investment banking?
Investment banking is a distinct branch of banking that assists individuals or organizations in raising funds and providing financial advice. They act as a go-between for security issuers and investors, and they help startups go public. Investment banks are responsible for underwriting new stock offerings, managing mergers and acquisitions, and acting as financial advisors. Economics, for example, can help you understand why markets behave the way they do during a recession or a boom, and how this affects a company's short-term financial situation.
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drought, economic decline, and falling prices in africa were effects of their forced reliance on what? a slave labor b cotton c opium d cash crops
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Drought, economic decline, and falling prices in Africa were effects of their forced reliance on slave labor. A decline in agricultural output could cause a shortage of various foods, including wheat, corn, and some forms of protein like meat and eggs.
South Africa might therefore be forced to import more as a result. Thirdly, a dearth of locally grown food could raise prices. If a drought kills all of a farmer's crops, the farmer may lose money. Ranchers might have to pay more money on livestock feed and water. Drought has a wide range of external repercussions that can affect economic anything from the GDP contribution of agriculture to the availability of food and job prospects.
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what two factors influence an economic school of thought____
Answers
1.Historical context: Different economic schools of thought have emerged in response to different economic conditions and events throughout history.
What is economic ?
Economic is the study of how people choose to use resources to produce goods and services, and how these goods and services are distributed among different people. It is a social science that studies the production, distribution, and consumption of goods and services. Economic analysis can help us understand how markets work, why prices change, and how economies grow or decline. It also helps us understand how individuals make decisions about their finances, such as saving or investing. Economic analysis can help governments make better decisions about taxation, spending, and other policies that affect economic growth.
2.Ideology: Different economic schools of thought are based on different philosophical and political beliefs about the role of government, markets, and individuals in the economy.
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why might it be better to keep your emergency fund money in a separate account?
Answers
Keeping your emergency fund money in a separate account can be beneficial for a few reasons: a.Accessibility b.Protection
Accessibility: Having your emergency fund in a separate account can make it more easily accessible in case of an emergency. Having it in a separate account ensures that you won't have to go through the process of transferring money from other accounts, which could take time.Avoid spending: Keeping your emergency fund in a separate account can help prevent you from spending it on non-emergency expenses. When it's in a separate account, it's less likely to be used for impulse purchases or other non-essential expenses.Protection: Keeping your emergency fund in a separate account can also help protect it from market fluctuations. If your emergency fund is in a savings or money market account, it will be less likely to lose value during market downturns.Improving financial discipline: By having a specific account for emergency funds, it makes it easier to track and monitor the funds, and it can help to improve financial discipline.Overall, having a separate account for your emergency fund can help you feel more secure, financially prepared and it can make it easier to save and access money when unexpected events occur.
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what is an example of a pareto improvement? suppose mike and john are two brothers who are given $110 to split. from the example, the brothers have different options of splitting the money. they can use the following options; mike and john each take $55. mike is older, so they decide mike should get a bigger share. mike gets $70 while john gets $40. mike takes the whole $110, and john gets nothing.
Answers
A Pareto improvement happens when, given an initial distribution of goods for a group of people, a change in allocation benefits everyone while harming no one.
What is a Pareto improvement example?
Pareto improvement examples
Let's say that two families, one wealthy and the other destitute, could each get an equal quantity of money (ex nihilo). The sum does little to change the former's overall income but does assist the latter rise beyond the poverty line.
What is Pareto optimality, and can you give an example to illustrate the idea?
The concept of Pareto optimality, also known as Pareto efficiency, is widely applied in economics.
It describes a situation where no further improvements to society's well being can be made through a reallocation of resources that makes at least one person better off without making someone else worse off.
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A Pareto improvement occurs when, given the initial distribution of goods for a group of people, a change in the distribution benefits everyone and harms no one.
What is an example of a Pareto improvement?
Examples of Pareto Improvements: We say that two families, one rich and one poor, can receive the same amount of money (ex nihilo). This amount hardly changes the total income of the former, but helps the latter to overcome the poverty line. The concept of Pareto optimality, also known as Pareto efficiency, is widely used in economics.
Describes a situation where the welfare of society cannot be further improved by reallocating resources that improve the situation of at least one person without making the situation worse for another person.
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Use the following information for Palmer Co. To compute inventory turnover for 2009 and 2008, and its day's sales in inventory at December 31, 2009 and 2008. (Do not round interim calculations. Round your answers to 1 decimal place. Use 365 days for a year. ) 2009 2008 2007 Cost of goods sold $667,134 $442,104 $405,600 Ending inventory 92,232 87,840 97,600
Answers
Inventory turnover for 2009 = Cost of goods sold / Ending inventory = $667,134 / $92,232 = 7.25.
Inventory turnover for 2008 = Cost of goods sold / Ending inventory$442,104 / $87,840 = 5.04Day's sales in inventory at December 31, 2009 = 365 / Inventory turnover for 2009 = 365 / 7.25 = 50.3 daysDay's sales in inventory at December 31, 2008 = 365 / Inventory turnover for 2008 = 365 / 5.04 = 72.5 days
Inventory Turnover for 2009
Inventory turnover is computed by dividing cost of goods sold by average inventory.
Average inventory = (Beginning inventory + Ending inventory) / 2
Average inventory for 2009 = (92,232 + 87,840) / 2
Average inventory for 2009 = 90,036
Inventory turnover for 2009 = Cost of goods sold / Average inventory
Inventory turnover for 2009 = 667,134 / 90,036
Inventory turnover for 2009 = 7.41
Inventory Turnover for 2008
Average inventory for 2008 = (87,840 + 97,600) / 2
Average inventory for 2008 = 92,720
Inventory turnover for 2008 = Cost of goods sold / Average inventory
Inventory turnover for 2008 = 442,104 / 92,720Inventory turnover for 2008 = 4.76
Days’ Sales in Inventory at December 31, 2009
Days’ sales in inventory is computed by dividing inventory by cost of goods sold and then multiplying the result by 365.
Days’ sales in inventory = (Inventory / Cost of goods sold) × 365
Days’ sales in inventory at December 31
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in order to remain competitive in the contemporary business environment, several firms have started training their employees to stop viewing problems as strictly functional - that is, as only a marketing problem, or an accounting problem, for example. what does this trend illustrate about strategic management?
Answers
Option A is correct. The trend illustrate about strategic management is that There has been a renewed emphasis on integrative thinking and solving problems cross-functionally.
To live contending in the current marketing situation, different firms have started setting up their representatives to block seeing hindrances as stringently usable, a bookkeeping issue, or a promoting deterrent, concerning model, there has been a restored emphasis on integrative reasoning as well as working problem cross-functionally this trend explains concerning strategic management. Fundamentally, as we realize that essential administration is the continuous preparation, examination, observing as well as assessment of all that is fundamental for a relationship to meet its points as well as goals.
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payton corporation has sales of $177,000, a contribution margin ratio of 37%, and a profit of $42,000. if 6,000 units were sold, what are total variable costs?
Answers
Sales for the company were $177,000, the contribution margin was 37%, and the profit was $42,000. In the event that 6,000 units are sold, the total variable expenses come to $111,510.
The selling price per unit less the variable cost per unit is the contribution margin. The amount of sales revenue referred to as "Contribution" is the fraction that is not used to pay variable costs and hence helps to cover fixed costs. The revenue that remains after all variable costs have been subtracted from total sales is known as the contribution margin. It is a gauge of how profitable particular goods or services are. Contrarily, the profit margin is calculated as net income divided by total sales.
The margin of contribution is 177000 * 37%
margin of contribution = 177000 * 0.35 = $65,490
Total variable costs are 177000 - 65490 = 111510
In contrast, the variable cost ratio is 63% if the contribution margin is 37%. Therefore, variable expenses are equal to sales multiplied by 63%
Variable Expenses = 177,000 * 63%
Variable Expenses = 177000 * 0.63 = $111,510
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detroit bike is located in the united states, assembles its product in the united states, but imports components from china and other countries. which best describes detroit bikes?
Answers
Detroit Bikes is an example of a transnational business. A transnational business is a company that operates in multiple countries, sourcing and selling products around the world.
Detroit Bikes sources components from China and other countries, and assembles its products in the United States, creating a global network for its products.
A person who produces items or provides services with the intention of selling them for a profit is engaging in business. Enterprise Definition. An innovative company or group that engages in professional activities is referred to as a business.
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repeated cry accompanying a gavel hit crossword clue
Answers
Crossword Answer for 'Repeated Cry Following A Gavel Hit' the puzzle's answer On January 1st, 2014, a repeated yell and a gavel blow with five letters were last heard.
What kinds of crossword puzzles are there?
The Difficult Cryptic Crossword. With clues that resemble scrambled poetry, cryptic crosswords have elevated ordinary crosswords a level. The intense quiz, Blocked Grids. When someone thinks of "crossword puzzle," this is the type of word puzzle that will immediately spring to mind. The actual brain teaser is Barred Grids.
What are the top free crossword puzzles available online?
20 of the Best Free Online Crossword Puzzles to Exercise Your Brain 1. Crossword from Sunday Night in New York Magazine You don't need a dictionary to solve one of the most famous crosswords in history.
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The first question to ask yourself when composing a business message is "What channel should I use to send the message?"
Answers
A business message can be written using feedback as a medium.
Describe business.
A business is a for-profit corporate entity, such as a corporation, limited liability company (LLC), or partnership, that provides professional services. Most companies only have one physical location. They insist on maintaining strict control over the project.
Are businesses and firms the same thing?
A firm is a company that operates with the goal of making money by providing products and services. Both the terms business and company are appropriate. There are many different business formats, including sole proprietors and corporations.
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absolute and comparative advantage problems for each of the next four problems, answer the three letters below (make sure you show your work to receive full credit): a. whether the problem is an input or out. b. which entity has the absolute advantage in each item (for example, dr. rhine has the absolute advantage in cleaning dishes while his wife has the absolute advantage in laundry). c. which entity has the comparative advantage for the products? within this answer, you should also tell me which entity is specializing in that item.
Answers
Consequently, the theory did not consider the possibility of multilateral commerce between nations. Free trade between nations was another tenet of the Absolute Advantage Theory. The protectionist policies established by various nations were not taken into consideration.
What is Absolute Advantage?Absolute advantage, as used in economics, refers to an economic agent's ability to generate more of a good than its rivals. This ability can be possessed by either an individual or a group. Absolute advantage was first mentioned by Scottish economist Adam Smith in his 1776 book "An Inquiry into the Nature and Causes of the Wealth of Nations," which defined it as a country's innate capacity to create more of a good than its rivals throughout the world.In order to explain the benefits of free trade on the global market, Smith also used the idea of absolute advantage. He postulated that countries' unquestionable advantages in certain commodities would enable them to profit simultaneously from imports and exports, further highlighting the significance of free international trade in the context of the global economic system.
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Currently, at a price of $0. 50 each, 100 popsicles are sold per day in the perpetually hot town of Rostin. Consider the elasticity of supply. In the short run, a price increase from $0. 50 to $1 is unit-elastic (Es = 1). In the long run, a price increase from $0. 50 to $1 has an elasticity of supply of 1. 50. (Hint: Apply the midpoints approach to the elasticity of supply. )a. How many popsicles will be sold each day in the short run if the price rises to $1 each?
b. So how many popsicles will be sold per day in the long run if the price rises to $1 each?
Answers
If the price is raised to $1 per popsicle, 100 are sold each day.
Why are prices rising?
Inflation is the rate of price growth over a predetermined period of time. The growth in a country's cost of living or the overall increase in prices are two examples of broad measures used to describe inflation.
Why are costs increasing?
Supply chain interruptions have been one of the main causes of inflation. These problems have existed from the beginning of the COVID-19 virus. The pre-pandemic demand is still proving difficult for supply systems to meet. Deliveries are delayed as inventory shortages increase.
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henry and rita disagree about how to manage their finances after their marriage, and their children are concerned about receiving their inheritances. which of the following strategies would you recommend to address these issues? a) have henry and rita execute a premarital property agreement b) have henry and rita title all of their assets as jtwros after they get married c) have the families enter into a family settlement agreement d) have each spouse draft a will disinheriting the other
Answers
Have henry and rita execute a premarital property agreement and have henry and rita title all of their assets as jtwros after they get married.
What is meant by assets ?
An asset is anything that you own, usually something valuable. Your possessions, such as your home and clothing, can be considered assets.
Your equity is the value of the shares you purchased from a corporation.
Intangible assets include intellectual property rights, royalties, and other patents, as well as tangible goods such as machinery, real estate, raw materials, and inventories.
Common asset types include current, non-current, physical, intangible, operating, and non-operating assets.
If you can sell your possessions for cash, you have assets.
In accounting, an asset is any resource that a company owns or manages.
Anything that can be sold for money is eligible. We can calculate the equity value by looking at the assets and liabilities on a balance sheet.
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a licensed insurance producer must notify the department of a change in mailing address within how many days and by what method?
Answers
Under insurance producer licensing laws, you must notify us of any change within thirty days. Administrative fines could be imposed in your absence.
How do I update my California insurance license to include a new address?
The Department of Insurance, P.O. Box 1139, Sacramento, CA 95812-1139, is the address where you should send your request.
How frequently must a New Jersey insurance producers license be renewed?
Courses and Requirements for New Jersey Insurance Continuing Education every two years. Every two-year license term, New Jersey licensed producers must complete 24 hours of continuing education, including 3 hours on ethics and fraud prevention. Every two years, Producers and Adjusters' licenses expire at the end of their birth month.
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a choice made using the marginal principle: group of answer choices involves distinguishing between microeconomics and macroeconomics. is an analysis of costs, benefits, and trade-offs. is a choice regarding whether to do a little more or a little less of an activity. involves comparing the costs and benefits of an activity
Answers
involves comparing the costs and benefits of an activity, A decision based on the marginal principle entails weighing the advantages and disadvantages of a certain course of action.
A study of an activity's additional benefits in relation to its additional expenditures is known as the marginal principle (MB) (MC). Marginal refers to the emphasis on the expense or benefit of the subsequent unit or person, such as the cost of producing an additional widget or the revenue generated by hiring an additional employee. By dividing the overall change in the cost of manufacturing additional items by the change in the quantity of goods produced, it is determined. In terms of economics, the word "marginal" has a similar connotation to "additional." When the phrase is used in a work on business, finance, or economics, it typically refers to something that will be added to what already existed.
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how would living as cheaply as possible help you save for retirement?
Answers
Costs for upkeep, utilities, and property taxes will go down. If your family still has two cars, retirement is the ideal time to reduce that number to one in order to save money on fuel, insurance, and upkeep.
In what ways could a financial plan help you save money for retirement?
With the help of a solid financial plan, you can predict how much it will cost you to retire and make a plan to ensure that you can live comfortably when you do.
Why is it so important to begin retirement savings as soon as possible?
When it comes to retirement planning, it's never too early to start saving. If you invest more and begin earlier, your retirement funds will have significantly more time and opportunity to grow.
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how the economy recovers from a recession and returns to its long run equilibrium without any policy intervention
Answers
A long-term process known as fiscal policy helps an economy bounce back from a downturn and realize its GDP potential without the direct help of the government.
An expansive fiscal approach has reduced taxes and increased government spending as its two key outcomes. Both of those measures aim to raise deficits or decrease budget surpluses while boosting the demand for mixtures.
The economy is in a recession, according to the sticky pricing hypothesis (a), because not all prices adjust as quickly. Forms are able to increase their price adjustments over time, and the economy eventually shifts back to the long-term AS curve. (b) The effectiveness of each hypothesis is strongly influenced by how quickly wages, prices, and price expectations change.
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Which of the following best defines goal?
a. aim or purpose
b. disregard or disrespect
c. freedom from doubt
d. influence
Answers
A. Aim or purpose
Because a goal is a target that your trying to accomplish
A German worker takes 400 hours to produce a car and 2 hours to produce a case of wine. A French worker takes XX hours to produce a car and 3 hours to produce a case of wine. For what values of XX will gains from trade be possible? Check all that apply. A. 1b. 2c. 650d. 800For what values of XX will Germany export cars and import wine? Check all that apply. A. 1b. 2c. 650
Answers
For x= 600 hrs trade be possible by using law of proportion from the given values.
What is proportion?
In general, the term "proportion" refers to a part, share, or amount that is compared to a total.
According to the concept of proportion, two ratios are in proportion when they are equal.
A mathematical comparison of two numbers is called a proportion. According to proportion, two sets of provided numbers are said to be directly proportional to one another if they increase or decrease in the same ratio. "::" or "=" are symbols used to indicate proportions.
Given:
A German worker takes 400 hours to produce a car and 2 hours to produce a case of wine.
A French worker takes xx hours to produce a car and 3 hours to produce a case of wine.
Using proportion
400/ 2 = xx / 3
x= 1200/2 = 600
x= 600
Hence, for x= 600 hrs trade be possible.
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The contra-asset account, ______, is used to record depreciation on equipment.
Contra Depreciation
Depreciation Expense
Equipment
Accumulated Depreciation
Accumulated Expense
Accumulated Accretion
Answers
The correct answer is Accumulated Depreciation, The contra-asset account, Accumulated Depreciation is used to record depreciation on equipment.
How does accumulated depreciation work?
The total amount of depreciation applied to an asset up to a specific point is termed as accumulated depreciation. The starting cumulative depreciation amount is raised with each period started depreciation expense.
Which is preferable, expenditure or depreciation?
Due to the fact that money has a time value, it is often preferable to cost an item instead of depreciate it. When you expense it, you are entitled to the deduction for the current tax year. The money which the expenditure deduction has allowed you to keep tax-free can be used this year.
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strategic marketing management addresses which of the following questions? (select two) a. how will the company reach its goals? b. where will the company sell its product to consumers? c. who is the company's target market? d. what promotional activities will the company utilize? e. what is the organization's main activity at a specific time?
Answers
Continually attracting new clients and raising sales are the objectives of any firm. An experienced marketing manager assesses current market tactics.
How well do you understand strategic marketing?
- a collection of marketing plans created to help a business achieve its goals. - A marketing strategy might, for instance, lay out plans for product development, price, and advertising in order to fulfill marketing goals like expanding into new markets or boosting sales of already-existing products.
What are the four pillars of marketing (the "four P's")?
The four main components of a marketing strategy are product, pricing, place, and promotion, and together they make up the marketing mix, commonly referred to as the four P's of marketing.
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if brambles expects to receive a foreign currency payment in six months, how this transaction may be hedged ?
Answers
Brambles could hedge the foreign currency payment by entering into a forward contract, which will allow them to lock in the exchange rate at the time of purchase. Alternatively, they could purchase a currency option, which gives them the right but not the obligation to buy the currency at a predetermined exchange rate.
Hedging is a risk management strategy used to protect against potential losses from fluctuating foreign exchange rates. In the case of a foreign currency payment that is expected to be received in six months, a company can use a forward contract to hedge the transaction.
A forward contract is an agreement between two parties to exchange a specific amount of foreign currency at a predetermined exchange rate on a specified date in the future. This type of contract eliminates the risk of exchange rate fluctuations because the buyer and seller agree to the exchange rate at the time of the contract. The buyer can lock in the exchange rate at the current market rate and will be guaranteed a specific amount of foreign currency when the payment is received.
The buyer and seller may also enter into a money market hedge. This involves the purchase or sale of a currency to offset any potential exchange rate losses. This type of hedge is beneficial because it provides more flexibility than a forward contract. The buyer can purchase or sell a currency in the money market to counter any potential decrease in the value of the foreign currency.
Another option for hedging is a currency futures contract. This type of contract is similar to a forward contract, but it is traded on a futures exchange.
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