Name five technological innovations that helped to increase transoceanic interconnections.
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These are some technological innovations that helped increase transoceanic interconnection:
Records of wind patternsMaps of the starAstrolabeMagnetic CompassCarvel (a type of sailing vessel)Transoceanic interconnection is the exchange of plants, animals, diseases, and technologies between the western and eastern hemispheres. It started in 1450, following Columbus' voyage, and ended in 1750.
To make transoceanic trade possible, there are many inventions had to be made first. The major things are new tools (such as the magnetic compass), the understanding of wind and current patterns, star maps, and innovation in ship designs.
Attached below is an image of the astrolabe, an astronomical instrument that's used to observe the sky. It's especially useful to measure the altitude of a celestial body and to determine local latitude.
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Related Questions
kinnamont company manufactures farming equipment that includes navigational systems as part of the standard equipment package and offers optional training on any navigational systems for an additional fee. smith company enters into a contract with kinnamont that includes a combine, a navigational system, and training. identify the performance obligations to which smith should allocate the transaction price:
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kinnamont company manufactures farming equipment that includes navigational systems as part of the standard equipment package and offers optional training on any navigational systems for an additional fee. smith company enters into a contract with kinnamont that includes a combine, a navigational system, and training. the performance obligations that smith should allocate the transaction price is the combine including the navigational system and the training as two separate performance obligations. The correct answer is B.
A navigation system must be provided, and training must also be provided, according to the contract between Kinnamont and Smith. Both commitments must be fulfilled jointly and collectively. Transaction price should be allocated separately for each obligation that needs to be fulfilled in the accounting for the contract that contains numerous performance requirements.
Therefore, the navigational system and training must each receive a distinct allocation of the transaction pricing in this case. The cost must be determined based on the job completed rather than being divided among the commitments.
your question is incomplete but most probably your full question was
Kinnamont Company manufactures farming equipment that includes navigational systems as part of the standard equipment package and offers optional training on any navigational systems for an additional fee. Smith Company enters into a contract with Kinnamont that includes a combine, a navigational system, and training. Identify the performance obligations to which Smith should allocate the transaction price:
A. The combine, the navigational system, and the training as three separate performance obligations.
B. The combine including the navigational system and the training as two separate performance obligations.
C. The combine, the navigational system, and the training account for one performance obligation because they are all part of the same contract.
D. No performance obligations exist because the work on the contract, including the training, has not begun.
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1. deadlock occurs when a. two transactions share read locks b. two transactions each wait for a lock held by the other c. a transaction waits for another to release an exclusive lock d. a transaction waits for another to release a shared lock
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The correct option is (d): deadlock occurs when a transaction waits for another to release a shared lock.
In concurrent computing, deadlock is any state of affairs wherein no member of some institution of entities can continue due to the fact each waits for every other member, consisting of itself, to act, consisting of sending a message or, more usually, freeing a lock. Deadlocks are a not unusual hassle in multiprocessing systems, parallel computing, and allotted systems, due to the fact in these contexts systems frequently use software programs or hardware locks to arbitrate shared assets and put into effect technique synchronization.
In a working machine, an impasse occurs when a procedure or thread enters a ready state due to the fact a requested system useful resource is held via any other ready method, which in turn is anticipating any other resource held with the aid of any other ready technique. If a system remains indefinitely unable to alternate its country because resources requested by way of it are being used by any other procedure that itself is waiting, then the machine is stated to be in an impasse.
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when it comes to social media... a. companies currently only use it to connect with customers b. it is easy to get rid of posts you have made so that they will never be seen again c. it is used to connect with employees and suppliers, including logistics providers d. all of the above e. only b and c
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Option a is correct. When it comes to social media companies currently only use it to connect with customers.
Because supply chain technology and automation use real or nearly real-time data, businesses have greater visibility and can better track activities. By managing vendor contracts effectively, it improves collaboration and communication with important vendors and lowers costs. We only need to consider the major disruptions of the past few years to realize that our world has changed. Supply chain management is already a difficult task, but trade conflicts, tariffs, COVID-19, crowded ports, and labor shortages have made it even more difficult.
The issue for companies now automating supply chain management is how much and how quickly. Some procedures might have been automated, while others might still be done in silos and with a lag in accuracy because of outdated information and expired data. Others continue to manage their supply networks using spreadsheets.
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Felix and oscar applied for the same credit card from the same bank. The bank checked both of their fico scores. Felix had an excellent credit rating, and oscar had a poor credit rating. A. Felix was given a card with an apr of 14%. What was his monthly percentage rate? round to the nearest hundredth of a percent.
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A credit card with an APR of 14% was handed to Felix. His monthly percentage rate was 1.63%.
What is an example of the APR on a credit card?Annual percentage rate (APR) is the term used to describe the annual interest rate you'll be charged if you hold a balance on your credit card (APR). APRs on some credit cards are variable, so they could go up or down in price over time.
For instance, if your current APR is 17.99% and your total credit card debt is $500, you may calculate your monthly interest rate by dividing 17.99% by 12, which is to 1.49%. If you want a $7.45 monthly payment, multiply $500 by 0.0149.
What can I do to avoid paying the APR when I use my credit card?Pay your monthly statement promptly and in full. If you pay the full amount, you can avoid incurring interest. If you are unable to pay off your entire statement total, try making a smaller payment (not less than the minimum payment).
Annual Percentage Rate
Felix received a credit card with a 14% APR.
Thus;
Monthly percentage rate = 14%/12 = 1.63%
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which one of the following statements is false? multiple choice even the best portfolio managers sometimes make mistakes. professional fund managers work for an investment company. investors purchase mutual funds for diversification. investors who purchase mutual funds are guaranteed a higher rate of return than if they were to purchase comparable stocks and bonds directly. investors purchase mutual funds because of their professional management.
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This announcement is false investors who buy mutual funds are assured a greater price of return than if they had been to purchase related stocks and bonds directly.
How do you compare shares to buy?A sure-shot way to consider a inventory is to compare it to its peers. The approach is simple- pick out one monetary ratio (P/E, D/E, RoE, amongst others). It would assist if you found the ratio for the agency in which you are interested. Then you could prepare a list of all the groups in the identical house in that sector.
What is the nice stock evaluation website?That makes Trading View our pick out as the first-rate stock screener for international investing. As a stock screener, Trading View has it all, such as a solid imparting of fundamental, monetary and financial screening criteria and big charting functionalities built on superior HTML5 technology.
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https://brainly.com/question/29731090#SPJ4What are the transactions that the balance of payments accounts record?
the ______ account records receipts from exports of goods and services sold abroad, payments for imports of goods and services from abroad, and ______.
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The stability of payments summarises the economic transactions of an economy with the rest of the world.
These transactions consist of exports and imports of goods, offerings and monetary assets, alongside with transfer payments (like foreign aid).
What is the Formula for Balance of Payments?The formulation for calculating the balance of repayments is present day account + capital account + economic account + balancing item = 0.
Which transactions are recorded in capital account of BOP?Capital account of BoP documents public and personal investment, and lending activities. It is the internet trade in foreign possession of domestic assets. of BOP.
The Balance of Payments is a report of transactions between people or entities of one united states with the rest of the world, within an accounting year.
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https://brainly.com/question/7536033#SPJ4forced to lay off a number of its employees, including larry kurzyniec. larry, who had been logging for over eighteen years, suffers from heart disease, high blood pressure, and diabetes. his wife is worried that the family’s health insurance coverage, which is through superior logging, will be cancelled. larry learns that he has a right to extend his insurance benefits, however, if he pays the premiums under
a. hipaa.
b. futa.
c. fica.
d. cobra.
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COBRA- Consolidated Omnibus Budget Reconciliation Act, is the name of the federal law that guarantees employees who have lost their jobs continuing access to health insurance.
What is Federal COBRA?When your employment terminates or your hours are reduced, federal COBRA is a law that enables you to preserve your group health coverage. All insured employees, their spouses, ex-spouses, and dependent children must be provided with continuous coverage under federal COBRA. Employers and group health plans with 20 or more members are subject to the federal COBRA.
How does COBRA work?Under certain conditions, including voluntary or involuntary job loss, a reduction in hours worked, a change in employment, death, divorce, and other life events, the COBRA allows employees and their families who lose their health benefits to choose to continue receiving group health benefits from their group health plan for a finite amount of time. The full price for coverage up to 102% of the plan's cost may be demanded of qualified persons.
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true or false net income is the same as gross income
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According to the e-waste in South Africa video case, what has resulted in a business opportunity for Bolunga Electronic Waste company to provide recycling e-waste services?
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The Bolunga Electronic Waste company has been able to capitalize on the growing e-waste problem in South Africa to create a business opportunity for itself.
With South Africa being one of the largest producers of e-waste in Africa and the world, the Bolunga Electronic Waste company has been able to provide recycling services that are desperately needed in order to reduce the amount of e-waste that is left in landfills or improperly disposed of. Bolunga's services include collecting, sorting, dismantling and recycling e-waste, which not only reduces the amount of e-waste in the environment, but also creates jobs and income for the company. By providing e-waste recycling services, Bolunga is able to help protect the environment and create a sustainable business opportunity for itself.
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abigail has accumulated such large piles of old papers and magazines that she can no longer use her table or desk, and she has held on to so much old furniture and clothing that many rooms in her home cannot be entered. in her attempts to hang on to various material items from her life, abigail developed:
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Abigail has developed compulsive hoarding. Chronic difficulty in getting rid of or parting with goods due to a false sense of needing to keep them is known as hoarding disorder. When considering getting rid of the stuff, a person with a hoarding problem feels distressed. Regardless of actual value, there is an excessive accumulation of things.
Hoarding can fill dwellings to capacity, leaving limited passageways amid piles of stuff. Countertops, sinks, stoves, workstations, stairways, and most other surfaces are usually cluttered. When there's no room inside, clutter may expand to the garage, automobiles, yard, and other storage facilities.
Hoarding varies. Hoarding can have a major impact on your daily life or have little effect. Hoarders may not recognize their disease, making therapy difficult. However, comprehensive treatment can help hoarders shift their attitudes and practices to live safer, happier lives.
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the major reason that presidents of major corporations receive an average salary of over $1 million a year while police officers receive an average salary of about $56,000 a year can best be explained by: group of answer choices noncompeting labor groups compensating differences lack of job information discrimination
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The major reason that presidents of major corporations receive an average salary of over $1 million a year.The deductions authorised by statute that acceptable in the aforementioned situation as well as others.
If everything else is equal, Standard Deductions areThe standard deduction is a maximum allowable fixed amount. to Taxpayers from the IRS. Individual Filers: $6,300 Joint filing for married couples: $12,600 $9,300 for the household's head The taxpayer adds up all of the allowable deductions. and deducts the sum as a gross deduction. income. To put it another way, itemised deductions are the actual allowed deductions in dollars. Itemized deductions frequently consist of IRA and mortgage interest donations, real estate taxes, etc.the county's chairperson, the mayor commissioners or a different top executive the of a political subdivision is known as president and chief executive. The values of a firm takes up more responsibility and concentrates on managing the business' everyday operations.
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problem 1 maxwell manufacturing makes two models of felt tip marking pens. requirements and available resources for each lot of pens are given in the following table: fliptop model tiptop model available plastic 3 4 36 ink assembly 5 4 40 molding time 5 2 30 the profit for either model is $1,000 per lot. what is the linear programming model for this problem? using microsoft excel's solver, find the optimal solution. how many fliptop models and how many tiptop models should be produced? what is the maximum profit? will there be excess capacity in any resource? use excel's solver and run a sensitivity report to answer the following questions. over which range can the objective function coefficient for fliptop models change without affecting the original optimal solution? what is this range called? what is the shadow price (dual price) for the plastic constraint and how would you interpret it? what is the shadow price (dual price) for the molding time constraint. does the value make sense? over which range is the shadow price valid? what is this range called?
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Using Microsoft Excel's Solver, the optimal solution is to produce 12 Fliptop models and 28 Tiptop models. This will give a maximum profit of $40,000. There will be excess capacity in the Ink Assembly resource since only 40 units are available and only 32 are needed.
The linear programming model for this problem is:
Maximize Z = 1000x1 + 1000x2
Subject to:
3x1 + 4x2 ≤ 36 (Plastic Constraint)
5x1 + 4x2 ≤ 40 (Ink Assembly Constraint)
5x1 + 2x2 ≤ 30 (Moulding Time Constraint)
x1, x2 ≥ 0
Using Microsoft Excel's Solver, the optimal solution is to produce 12 Fliptop models and 28 Tiptop models. This will give a maximum profit of $40,000. There will be excess capacity in the Ink Assembly resource since only 40 units are available and only 32 are needed.
The range over which the objective function coefficient for Fliptop models can change without affecting the original optimal solution is 0 ≤ x ≤ 4. This range is called the "unbounded range".
The shadow price (dual price) for the Plastic constraint is $250. This means that for every unit of plastic that is used, the profit increases by $250.
The shadow price (dual price) for the moulding time constraint is $200. This means that for every additional unit of moulding time available, the profit will increase by $200. This value makes sense, since the profit per unit of moulding time is higher than the profit per unit of plastic.
The shadow prices are valid over the range of the slack variables for each constraint. This range is called the "feasible region".
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the certification process (pmi-acp) from scrum alliance requires no experience. group of answer choices true false
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The certification process (pmi-acp) from scrum alliance requires no experience is true.
What is certification process?A formal attestation or affirmation of certain features of a thing, a person, or a group of people. Although it's not always the case, external reviews, training, assessments, or audits frequently offer this validation. The procedure for certifying a particular business is called accreditation.The three main categories of certification are as follows. They are listed in the following order: corporate (internal), product-specific, and profession-wide. Corporate certificates, sometimes known as "internal" certifications, are issued by businesses or low-stakes organizations for internal use.The certification process (pmi-acp) from scrum alliance requires no experience is true.To learn more about certification process refer to:
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what benefits can be gained from having green roofs (select all that apply, there are one to four possible correct answers)?
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On an economical, ecological, and sociological level, a green roof offers a number of advantages.
A green roof serves as a rainfall buffer, cleans the air, lowers outdoor temperatures, controls thermal conditions, conserves, and promotes ecology in urban areas. Infrastructure that is climatological includes green roofs.
What three areas of sustainable agriculture are the most important?
Harmonizing three key factors—economic growth, community cohesion, and nature conservation critical for long-term sustainability. These factors are all interrelated and essential for the health of people and civilizations.
What does the United Nations define as sustainable development?
Development that satisfies current demands without jeopardizing the capacity of succeeding descendants to fulfill their own desires is referred to as sustainable future.
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The management of Kunkel Company is considering the purchase of a $27,000 machine that would reduce operating costs by $7,000 per year. At the end of the machine�s five-year useful life, it will have zero scrap value. The company�s required rate of return is 12%.Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table.Required:1. Determine the net present value of the investment in the machine. (Any cash outflows should be indicated by a minus sign. Use the appropriate table to determine the discount factor(s).)2. What is the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine? (Any cash outflows should be indicated by a minus sign.)
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The net present value of the investment in the machine is $1,767. $8,000 is the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine.
Difference = Undiscounted cash inflows - Undiscounted cash outflows = $35,000 - $27000 = $8,000. The undiscounted cash outflow, or the machine's acquisition price, has been set at $27,000. By lowering the cash outflow, the difference between undiscounted cash inflows and cash outflows is estimated.
According to the information provided in the question, the machine would save running expenses by $7,000 a year; as a result, it creates an annual cash inflow. The cash flows for each period of the machine's life are multiplied by the value according to the specified discounting factor. The machine's net present value is ($1,767), which is a negative number. As a result, the machine investment plan shouldn't be approved.
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The four perspectives of the balanced scorecard include all of the following except
A) financial
B) customer.
C) cost.
D) learning and growth.
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The four perspectives of the balanced scorecard include all of the following except cost.
What is a balanced scorecard?The Balanced Scorecard is a strategic performance management tool that is used to help organizations align their activities with their strategic objectives. It does this by measuring performance across four distinct perspectives: financial, customer, internal processes, and learning & growth. Each perspective is measured in terms of a number of key performance indicators (KPIs) that help provide a holistic view of an organization's performance. The Balanced Scorecard provides a clear picture of the areas of success and areas that need improvement in order to drive business transformation.
Cost is not one of the four perspectives of the balanced scorecard because it does not provide a comprehensive view of an organization’s performance. The four perspectives of the balanced scorecard are (1) Financial Perspective, (2) Customer Perspective, (3) Internal Process Perspective, and (4) Learning and Growth Perspective. These perspectives provide a holistic view of an organization's performance and success, whereas cost does not. Cost is an important metric to track, and it will be taken into consideration when assessing an organization's performance and success. However, it is not one of the four main perspectives of the balanced scorecard.
It can be concluded that the four perspectives of the balanced scorecard include all of the following except cost.
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what will happen to neoclassical loanable funds market if businesses are pessimistic of revenue flows from their potential investment projects?
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If businesses are pessimistic about revenue flows from their potential investment projects, the neoclassical loanable funds market will experience a decrease in demand for loanable funds
What are investment projects?Investment projects are activities that involve the use of funds to purchase assets, such as buildings, machinery, or equipment, to generate future income. Investing can be a great way to create wealth over a long period, as investments can increase in value over time. Investment projects usually require careful planning and research to ensure that the project will be successful and profitable.
If businesses are pessimistic about revenue flows from their potential investment projects, the neoclassical loanable funds market will experience a decrease in demand for loanable funds. Businesses may be more hesitant to take on risk and borrow money for new projects if they do not think the projects will be profitable. This could lead to a decrease in the overall amount of loanable funds available in the market, causing interest rates to increase as demand for funds decreases. This could also have a ripple effect, causing businesses to become even more pessimistic about their potential investments and leading to a further decrease in demand for loanable funds.
It can be concluded that if businesses are pessimistic about revenue flows from their potential investment projects, the neoclassical loanable funds market will experience a decrease in demand for loanable funds
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2. describe an agency problem within the firm and discuss what you think is causing the problem and how the problem might be better controlled.
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When agents don't properly represent the best interests of principals, a conflict of interest known as the agency problem arises.
Corporation-related issues are more likely to affect agencies. The issue of conflicting interests between two parties in a corporation is known as agency problems. They have the authority to enact, overturn, organize, and dissolve any law in the state of corporations. The Model Business Corporation Act is used by many states.
With planned working the problems can be dealt with and the work will go on without agents having conflict.
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What types of expenses can your life insurance beneficiary pay for with the benefit?
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Life insurance benefits are typically paid out in a lump sum to the beneficiary you name on your policy.
The beneficiary can use this benefit to pay for a variety of expenses, depending on their particular needs. Here are some of the most common expenses your life insurance beneficiary can pay for with the benefit:
1. Funeral and burial expenses. The death benefit from a life insurance policy can be used to cover the costs associated with a funeral and burial. This can be an immense help to the family, as these costs can often be expensive.
2. Mortgage payments. If the primary breadwinner in a family dies, the life insurance benefit can be used to help the family continue to make mortgage payments. This can provide them with some financial stability during a difficult time.
3. College tuition. If you have children, you can use the life insurance benefit to help cover their college tuition. This can be a great way to ensure your children have the opportunity to go to college and pursue their dreams.
4. Everyday expenses. The beneficiary can also use the life insurance benefit to pay for everyday expenses, such as groceries, utilities, and more. This can help them get back on their feet financially after the loss of a loved one.
These are just a few examples of the types of expenses your life insurance beneficiary can pay for with the benefit. It's important to keep in mind that the beneficiary can use the benefit however they see fit, so it's important to discuss your wishes with them ahead of time.
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After spending $3,450 for tables and $3,950 for chairs, a convention center manager finds that the total is 4% more than he spent on tables and chairs last year. To the nearest dollar, find the amount that he spent last year. A. $296 c. $7115 b. $4115 d. $7,708.
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A convention center manager who spent $3,450 on tables and $3,950 on chairs found the total to be 4% more than he spent on tables and chairs last year. He spent $7,115 last year.
What does center manager mean?Center Managers provide leadership and oversee the day-to-day operations of facilities and offices. They are responsible for implementing health and safety policies and ensuring that personnel and facilities comply with all applicable local, federal, or industry regulations.
What does convention center do?A convention center (American English or British English conference center) is a large building designed for individuals and groups to meet and hold conventions to promote and share common interests. Convention centers typically provide ample floor space for thousands of attendees.
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Tyler has a 24 percent marginal tax rate. His employer is willing to provide health insurance coverage for tyler if he will agree to a salary reduction. The insurance will cost the employer $5,040. If tyler pays that same amount for health insurance premiums, he will need $7,000 in order to pay the premiums and the taxes on the compensation. How much of a cash flow savings is available to the company if it pays $5,040 for tyler's health insurance, rather than $7,000 in compensation assuming the company has a 21 percent tax rate?
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Free Cash Flow=[tex]9511.6[/tex] is accessible to the business if Tyler's health insurance costs $5,040 rather than $7,000 in wages, assuming the business pays a 21 percent tax rate.
Free Cash Flow = Net income + Depreciation/Amortization – Change in Working Capital – Capital Expenditure.
=$5,040+$7,000-21%=[tex]9511.6[/tex]
While savings is the term used to refer to a portion of income that is set aside and accumulates in a bank account, cash flow refers to the influx and outflow of a company's money over a given period of time. Salaries, earnings from side jobs, interest on savings accounts, rental property income, dividends from investments, and capital gains from the sale of financial instruments like stocks and bonds are all examples of cash inflows.
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steven inverness's weekly gross earnings for the week ended april 22 were $1,302, and his federal income tax withholding was $234.36. assuming that the social security rate is 6% and medicare is 1.5% of all earnings, what is steven's net pay? round your answer to two decimal places. $fill in the blank 1
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(1,302- 234.36) x (1 - 0.06 - 0.015) = X, 1067.64 x 0.925 = 987.567, 987.567 = steven's net pay
After all withholdings have been made, an employee's earnings are known as net pay. Automatic deductions are made from an employee's pay for mandatory deductions like the FICA-mandated Social Security tax and Medicare.
Pay that is earned before deductions is referred to as gross pay. Jobs stating a salary of $40,000 refer to gross compensation. It could include salaries, overtime pay, commissions, tips, bonuses, and so on.
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if the wage rate is constant, the marginal resource cost associated with hiring one additional worker is:
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If the wage rate is constant, the marginal resource cost associated with hiring one additional worker is: A horizontal line at the wage.
The increased expense incurred by using one more unit of the input is known as the marginal resource cost. It is calculated by dividing the variation in the total cost by the variation in the number of inputs. We suppose that the company is a modest employer in the market in a resource or input sector that is competitive. In other words, regardless of the quantity of inputs used, the firm will not be able to influence the price of the input. This is quite similar to a firm in a cutthroat output market that is too tiny to influence prices and is instead a price-taker. Since the additional cost of hiring an additional unit of the input is just the input's price, the marginal resource cost under these market conditions is the input's price, let's say wages (w).
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which of the following is reported for interim financial reports using the integral approach? bonus expense. extraordinary losses. cash basis accounting. extraordinary gains. change in accounting principle.
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Bonus expense is reported for interim financial reports using the integral approach.
A financial report covering a period of less than one year is known as an interim statement. Before the regular full-year financial reporting cycles are through, interim statements are used to describe a company's performance. Interim financial reports are not required to be audited, unlike yearly reports.
There are two opinions on the proper method for creating interim financial statements. The first is the integral perspective, in which case every intermediate period is viewed as being a single unit of the yearly accounting period. The discrete perspective is the second strategy for preparing interim statements.
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when an agent breaches an agency agreement, the right to avoid the contract can be exercised at the election of
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When an agent breaches an agency agreement, the right to avoid the contract can be exercised at the election of the principal.
A contract is a legally binding agreement between two or more parties that establishes, defines, and governs their mutual rights and obligations. A contract usually involves the exchange of goods, services, or money, or the promise to exchange any of these at a later date.
Mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality are the basic elements required for the agreement to be legally enforceable. A valid substitute can satisfy elements of consideration in some states.
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The management of Kunkel Company is considering the purchase of a $27,000 machine that would reduce operating costs by $7,000 per year. At the end of the machine�s five-year useful life, it will have zero scrap value. The company�s required rate of return is 12%.
Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table.
Required:
1. Determine the net present value of the investment in the machine. (Any cash outflows should be indicated by a minus sign. Use the appropriate table to determine the discount factor(s).)
2. What is the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine? (Any cash outflows should be indicated by a minus sign.)
Answers
Present value is the current worth of a future sum of money or stream of cash flows given a specified rate of return. In other words, it is the value of money in the present, taking into account the time value of money and the potential for the money to grow or depreciate over time.
1) To determine the net present value of the investment in the machine, we need to determine the present value of the annual operating cost savings. This can be done using the formula for present value, which is:
PV = F / (1 + r)^n
Where PV is the present value, F is the future value, r is the required rate of return, and n is the number of years. In this case, the future value is $7,000, the required rate of return is 12%, and the number of years is 5. Plugging these values into the formula, we get:
PV = $7,000 / (1 + 0.12)^5
= $7,000 / 1.7415
= $4,023.48
The net present value of the investment in the machine is therefore $4,023.48.
2) The difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine is:
$7,000 - $27,000 = -$20,000.
This means that the company will have a net cash outflow of $20,000 over the life of the machine.
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consider this scenario: buyers of used pianos know the quality of the average used piano, so they are only willing to pay a price for a used piano that is consistent with this average quality. as a result, owners of used pianos of higher-than-average quality leave the market. this reduces average quality and the price buyers are willing to pay, driving more used pianos out of the market. this process continues until only the worst used pianos are left in the market. this process is referred to in the video as:
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The Death Spiral, refers to the ongoing removal of items from a manufacturer's line, which spreads the fixed manufacturing overhead expenses over fewer products.
How can the accounting death spiral be stopped?When a product is discontinued, management must concentrate on the overcapacity that is no longer needed by the company to prevent a death spiral. The cost of sustaining surplus capacity is the amount of overhead allotted to this capacity, which shouldn't be applied to any particular products.
What serves as the primary driver of cost allocation?For the purposes of financial reporting, business owners determine profitability through cost allocation. Costs are divided, or allocated, into various categories according to the areas of the business they affect in order to make sure the company's finances are on track.
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What is requirements elicitation in project management?
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Given that the terms "requirements collection" and "requirements elicitation" are frequently used interchangeably, you might be wondering how the two processes vary.
It is a valid query, and you are free to casually switch them. When addressing the mechanics of the requirements elicitation procedure, it is important to note that there is a small distinction between gathering requirements and requirements elicitation. The act of "eliciting" information from a source is known as "b," whereas the act of "gathering" is known as the act of gathering from dispersed sources. Both actions demand knowledge to carry out correctly and are crucial to the whole requirements elicitation process.
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a nondiscriminating profit-maximizing monopolist multiple choice may produce where demand is either elastic or inelastic, depending on the level of production costs. will never produce in the output range where demand is inelastic. will never produce in the output range where demand is elastic. will never produce in the output range where marginal revenue is positive.
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The production range where demand is inelastic will never be produced by a non-discriminating, profit-maximizing monopolist.
Monopolies either produce elastically or inelastically?
The elastic region of the demand curve, to the left of the middle, where marginal revenues are positive, is where the monopolist will want to be. The monopolist will reduce output until MR is positive in order to avoid the inelastic region of the demand curve.
Where does a monopolist produce to maximize profits?The quantity of goods produced at which marginal revenue equals marginal cost, or when MR = MC, is the decision that will maximize profits for the monopoly.
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Using 100 workers and 10 machines, a firm can produce 10,000 units of output; using 250 workers and 25 machines, the firm produces 21,000 units of output. These facts are best explained by:
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In the given case diseconomies of scale will be helpful to find and explain the facts
Diseconomies of scale occur when a firm or business expands to the point where the price per unit rises. When a firm's economies of scale stop working, it happens. According to this theory, a firm experiences an increase in expenses as output increases rather than continuing to see declining costs and increasing output.
Diseconomies of scale are the financial disadvantages that economic actors experience as a result of growing their organisational size or their output, which leads to higher production costs per unit of goods and services.
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