Answer:
REAL ESTATE
Explanation:
When an asset is expected to be an hedge against inflation it implies that such an asset is expected to maintain or increase its value over time. Real Estate is considered a hedge against inflation, because land on the one-hand is an asset that does not depreciate but appreciate and forms part of the buildings in real estate, and secondly, home values and rents normally increases during times of inflation.
Tanning Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $302,000 and credit sales are $1,000,000. An aging of accounts receivable shows that approximately 4% of the outstanding receivables will be uncollectible. What adjusting entry will Tanning Company make if the Allowance for Doubtful Accounts has a credit balance of $1,800 before adjustment?
Answer:
Allowance for Doubtful Accounts has a credit balance of $1,800 before adjustment and has to be adjusted up to $12,080 by $10,280. by debiting 'Provisions for doubtful debts' and crediting 'Account Receivable'
Explanation:
If Tanning Company analyzes its receivables to estimate bad debt expense and the accounts receivable balance is $302,000 and the aging of accounts receivable shows that approximately 4% of the outstanding receivables will be uncollectible. Therefore the adjusting entry that Tanning Company will make if the Allowance for Doubtful Accounts has a credit balance of $1,800 before adjustment will be an 'increment to the current balance of $1,800 to be adjusted up to $12,080 by $10,280. This is done by debiting 'Provisions for doubtful debts' and crediting 'Account Receivable'
JOURNAL ENTRIES
Debit ..Provision for Doubtful Debts.......10,280
Credit.....Account Receivable..........................10,280
Title to a certain real property is being held in a trust as collateral for a loan. What kind of deed will the trustee use to convey the title to the borrower when the loan terms are satisfied?
Answer: Reconveyance deed
Explanation: A Reconveyance deed is used to indicate that a borrower has paid his loan or debt in full. A Reconveyance deed is issued by the trustee or lender to signal the transfer of title to the original owner after he or she must have satisfied the term of loan issued by the trustee. A Reconveyance deed is usually notarized containing a legal description of the property and its parcel number.
The human growth hormone produced by __________ bacteria is identical to the human growth hormone produced by humans because both are coded by the same DNA sequence.
Answer:
The human growth hormone produced by transgenic bacteria.
Explanation:
The first species to be transformed in the experiment were transgenic bacteria commonly known as Genetically Bacteria, owing to their basic genetics. Such bacteria are now used for multiple purposes and are especially important in generating large quantities of pure human proteins for medicinal usage.
For example, a rat that introduces a novel chromosome into an organism's germline and then domesticated to involve that novel gene reliably is termed as a transgenic gene rat.
The human growth hormone produced by Escherichia coli bacteria is identical to that produced by humans because it is coded by the same DNA sequence.
The human growth hormone produced by Escherichia coli (E. coli) bacteria is identical to the human growth hormone produced by humans because both are coded by the same DNA sequence.
This is possible due to recombinant DNA technology, where the HGH gene is cloned from a cDNA library and inserted into E. coli cells using a bacterial vector.
This allows the bacteria to produce HGH that is molecularly identical to human-produced HGH, making it suitable for treating growth disorders in children.
Therefore, correct answer is "Escherichia coli" bacteria.
A ________ is a person, household, or company that over time yields a revenue stream that exceeds by an acceptable amount the company's cost stream of attracting, selling, and servicing that customer
Answer:
profitable customer
Explanation:
A profitable customer of a business enterprise is any economic agent which include individuals, firms and government for which the revenue generated from servicing or supplying them goods and services exceeds the entire cost incurred in providing such service or goods.
A successful business is one that is able to maintain a data base and record of all the customers and identify the profitable ones so as to concentrate on them to achieve maximum profit.
In commodity markets it is typically true that: (note: only one statement is correct) Group of answer choices there are only a few producers. any producer can affect the market price depending on the quantity that he or she sells. producers are "price takers". there are many producers, but it is very hard for new producers to enter the market.
Answer:
producers are "price takers".
Explanation:
Commodity markets is an example of A perfectly competitive market. A perfectly competitive market is characterised by many buyers and sellers of homogenous goods and services.
Because products are homogenous, sellers cannot set the price for their goods. Prices are set by forces of demand and supply,therefore, suppliers are price takers.
There are no barriers to entry and exit of firms into the market.
I hope my answer helps you
A borrower applied for a VA guaranteed first time mortgage for $50,000; however, the property appraised for $46,000. If the buyer still wanted to buy the property which could happen?a. The broker could write up a contract, different from the actual offer price, to take to the lender
b. The VA could allow the borrower to make up the difference in cash
c. The VA could make the borrower get a second mortgage for the difference
d. The veteran could not get a VA loan because it appraised for over $35,000
Answer:
The correct answer is B
Explanation:
In this case, the borrower applied for the VA guarantee for the first time mortgage which amounts to $50,000 but the property that is appraised worth only $46,000. It is $4,000 short ($50,000 - $46,000).
In order to buy the property, the VA should allow the borrower to make up or come up with the difference in the cash that is $4,000. And this will allow or help the borrower in buying the property.
If a profit-maximizing, competitive firm is producing a quantity at which marginal cost is between average variable cost and average total cost, it will___________________.
a. keep producing in the short run but exit the market in the long run.
b. shut down in the short run but return to production in the long run.
c. shut down in the short run and exit the market in the long run.
d. keep producing both in the short run and in the long run.
Answer:
a. keep producing in the short run but exit the market in the long run.
Explanation:
To answer the question, there is a need to look at the effect of the situation on the firm both in the short- run and the long-run
Short Run Effect
The Marginal cost is between average variable cost and average total cost. The business can still continue producing goods because the quantity being produced is still able to cover the average variable cost. This means that the firm is still able meet its variable costs by setting the price of its goods to its marginal cost which is an amount greater than its average variable cost.
Long Run Effect
However, in the long-run the company will begin to have issues even meeting other important costs such as the fixed costs associated with production and as such, the firm will need to exit the market in the long run. For instance the cost of long term loans (principal and interest) may not be covered by the net income of the firm.
If a profit-maximizing, competitive firm is producing at a point where marginal cost is between average variable cost and average total cost, it should keep producing in the short run to cover some fixed costs, but exit the market in the long run if it cannot cover the average total cost.
Explanation:If a profit-maximizing, competitive firm is producing a quantity at which marginal cost is between average variable cost and average total cost, then the appropriate strategy would be to continue production in the short run, but exit the market in the long run. This means the answer is (a) keep producing in the short run but exit the market in the long run.
This concept is based on the rules of profit maximization in economics. In the short term, as long as the price covers the average variable cost, the firm should continue producing because it helps to cover some of the fixed costs, thereby minimizing losses. However, in the long run, if the firm cannot cover the average total cost, it would not be profitable and exit the market.
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Charles wants to survey recent customers about the quality of service they received at his small auto service dealership. He has customers' mailing and e-mail addresses. Charles will likely use an online survey primarily because it offers:
A. relatively low response rates.
B. the ability to share video with respondents.
C. the ability to ask sensitive questions with anonymity.
D. fast responses at a lower cost.
E. the opportunity to survey both existing and potential customers.
Answer: fast responses at a lower cost.
Explanation:
Online survey would be a very desirable survey to use because of it's low cost of preparation(saves the cost of printing) and quick response from the target audience. An online survey is a method of gathering information from a wide variety of people on a subject matter over the internet, by administering questionnaire's to them.
On June 1st of the current year, Nancy and Dean purchased a rental beach house for $1,200,000. Of that amount, $800,000 was for the land value. How much depreciation deduction can Nancy and Dean take in the current year?
Answer:
Explanation:
Amount Available for Depreciation =1200,000-800,000 = 400,000
Depreciation = 400,000*X%
There should be the depreciation table to refer to and find X
_____ is the process of planning and controlling the development of a system within a specified time frame at a minimum cost with the right functionality.
A. Project managementB. Symantic timelineC. Task identificationD. Time estimationE. Work plan
Answer:
A. Project management
Explanation:
It helps by identifying the plans and estimating the minimal possible time and cost needed to complete a project or development
Project management is the process that encapsulates planning and controlling system development to achieve the desired functionality within a certain time frame and budget. The correct option is (A).
Explanation:Project management is the process of planning and controlling the development of a system within a specified time frame at a minimum cost with the right functionality.
This involves the timing and coordination of specific events which are essential for the successful completion of a project.
Such management tasks ensure that objectives are met by implementing various mechanisms and methodologies to keep the project on track, within budget, and aligned with the desired outcome.
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If Antonio's boss is interested in a graphical presentation of the relationship between the price and quantity of televisions demanded, you would advise your coworker to construct:_________using the data provided.
a) a demand curve
b) a demand schedule
c) the law of demand
Answer and Explanation:
a) a demand curve
________ is the extortion of income or resources of property holders by public officials such as politicians and government bureaucrats.
Answer:
Corruption
Explanation:
Corruption is the extortion of income or resources of property holders by public officials such as politicians and government bureaucrats. It is a form of dishonesty (morally speaking) and also a criminal offense ( legally speaking) committed by an official or organization entrusted with a position of authority (politically speaking), for acquisition of benefit or abuse power for personal aggrandizement.
It can also be called a manifestation of fraudulent behavior and bribery is a major component.
Final answer:
The correct answer to the question is 'Corruptive action'. Corruption refers to the dishonest behavior of public officials for personal gain and undermines trust in governance and property rights, leading to increased costs and market distortion.
Explanation:
Corruption is the extortion of income or resources of property holders by public officials such as politicians and government bureaucrats. The correct answer to this multiple-choice question is 'Corruptive action'. Corruption involves a variety of unethical behaviors, such as bribery and embezzlement.
It also profoundly affects trust in the rule of law and can lead to the illegal exploitation of resources, with officials often protecting or organizing such acts. In many countries, public officials may be influenced by implicit or explicit promises of future private sector jobs, resulting in corrupt practices that favor certain companies.
Corruption is not a victimless crime; it infringes on the fundamental human right to fair treatment and is in egalitarian in its effects. It can also disrupt the fairness in the assessment and collection of taxes, turning what should be equitable and just into a form of legalized theft. Transparency International defines corruption as 'the abuse of entrusted power for private gain', and this definition is pertinent to both the public and private sectors.
Defending property rights is essential, and corruption undermines the ability to monitor and enforce these rights, increasing business costs and distorting markets. Therefore, recognizing and combating corruption is crucial for a fair and just society.
The nurse performs discharge teaching for a client receiving trifluoperazine. which client statement indictates to the nurse that teaching is successful?
Answer:
1) CORRECT— Trifluoperazine is an antipsychotic drug and is excreted in breast milk. This contraindicates breastfeeding.
2) INCORRECT— Without consulting the health care provider the company should not increase or decrease the dose.
3) INCORRECT — Trifluoperazine has a side effect on dry eyes. To control this side effect, the client should use artificial tears.
4) INCORRECT-Trifluoperazine's side effects include weight gain. Clients should routinely track calorie intake and exercise.
The monetary inflation needed to relieve the social and economic hardships of the late nineteenth century eventually came as a result of?
Answer:
Came as a result of:an increase in the international gold supply .
Henry fords philosophy was to perfect the model-t so that its cost could be reduced further for increased consumer affordability. this most likely reflects the ________.
Answer:
production concept
A banner ad is a small rectangular object on a Web page that displays a stationary or moving graphic that includes a link to the advertiser's Web site.True/false
True, a banner ad is a small rectangular object on the web page that displays a stationary or moving graphic that shows a link to advertiser's Web site.
Explanation:
A banner ad is one of the famous type of online advertising. A banner ad has various functions that is ,it increases brand awareness, helps to gain knowledge regarding new product, inform regarding advertisements. The main purpose of banner ad is to promote a product's brand and also invite the visitors to visit the website.
Banners are very important because they require less time to install, they are light weight in nature,they require least cost as well as they can be easily manufactured, they are also durable in nature. A banner can be depicted in form of a slogan, symbol or logo, or it can be a message.
Neil creates an application which facilitates the easy storage and access of employee information like name, age, experience, and qualification for his organization. The application is an example_____________.
Answer:
Repository
Explanation:
A repository is a central place in which data and numerous other databases are stored and maintained to be shared over a network or is directly available to the user.
Cheers
Below are some of the accounts that Company J has on their books:
Cash and Cash Equivalents $1,000
Insurance Expense $500
Accounts Payable $700
Prepaid Rent $200
Accounts Receivable $500
Deferred Revenue $1,200
Inventory $600
Which of the amounts below is the correct total of liabilities?
a) $2,300
b) $1,900
c) $700
d) $1,200
Answer:
b) $1,900
Explanation:
The computation of the total liabilities is shown below:
= Accounts Payable + Deferred revenue
= $700 + $1,200
= $1,900
The other items are related to the expenses which are shown in the income statement and current assets which are shown on the balance sheet
Therefore, only two items are shown in the total liabilities.
__________ plans are pay-for-performance plans that put a small amount of base pay at risk, in exchange for the opportunity to earn additional pay.
Answer:
The correct answer to the following question will be "Variable Play Plan".
Explanation:
The variable pay is the part of the gross income dictated by the performance of the employee. If workers achieve their targets, discretionary pay is given as a form of promotion, bonus pay or fee. Basic salary, on the other hand, is set and compensated regardless of whether workers achieve their objectives.It is the desired advantage of the company to captivate and keep employees. We want the chance to earn dynamic pay to strengthen their basic salary.Therefore, the Variable Play Plan is the right answer.
You go on vacation to Mexico and take $1,000 with you. During your time in Mexico, the peso appreciates in value relative to the dollar. It follows that
Answer:
We will be able to purchase fewer goods and services.
Explanation:
Appreciation of a currency in terms of another currency implies an increase in the worth of a currency in terms of another currency.
An appreciation in the value of peso in terms of dollars means that the worth of peso has increased in terms of dollar.
In other words, the worth of dollar in terms of peso has decreased. The value of $1,000 will decline.
So, a tourist in Mexico with $1,000 will be able to buy fewer goods an services.
Answer:
You go on vacation to Mexico and take $1,000 with you. During your time in Mexico, the peso appreciates in value relative to the dollar.
This shows that as Peso appreciates then dollar depreciates, it shows that there would be more money to be spent during the vacation because of the increase in value of peso in mexico
Explanation:
For instance, if $1= 10 peso
$1000= 10,000 peso
if peso appreciates by 5, then
$1=15 peso
$1000= 15,000 peso
the above analogy implies that, there would be more to spend during the vacation as a result of increase in value of peso
To address the widespread and growing concern of contaminated food causing serious injury and death to individuals throughout the U.S., Congress passed a law stating that anyone intentionally distributing contaminated food is subject to criminal prosecution, civil fines, or both. Congress included a provision that any company with a corporate food-safety compliance policy approved by the FDA would avoid criminal prosecution, but not civil fines. To be approved, the company policy must require the company to report to the U.S. Food and Drug Administration any test results that indicate salmonella is present and consult with that agency before shipping any possibly contaminated food.
Answer:
By implementing the food safety compliance policy, the food company would only make sure that the food they have given is safely consumable, but by putting consumer safety first, the companies would go beyond the attempts to avoid fine and take special measures to ensure true safety of the consumers.
Explanation:
Though the Food and Drug Administration of the United States bears the responsibility of food safety and is accountable towards both, the public and the government, it would not be possible without the cooperation of the food companies to ensure utter food safety for the public. With stringent supervision and the companies sticking to the norms and regulations put by the supervising agencies, it would be possible to eradicate the problems caused by food contamination.Manuel, a supervisor, is known by his managers to be sharp in his decisions and has a good track record of meeting his goals. Manuel is a(n) ____ manager.
Answer: Effective Managers.
Explanation:
An effective manager is a manager that delivers successfully on tasks that he is in charge of and is very good in decision making. Manuel is well known for his ability to meet his objectives set and accurate decision making.
Suppose the demand curve for a product is horizontal and the supply curve is upward sloping. If a unit tax is imposed in the market for this product,
A. sellers bear the entire burden of the tax.
B. the tax burden will be shared among the government, buyers, and sellers.
C. buyers bear the entire burden of the tax.
D. the tax burden will be shared by buyers and sellers.
Answer:
A. sellers bear the entire burden of the tax.
Explanation:
The demand is perfectly elastic which means that any tax will be only borne by the sellers i.e The greater proportion of taxes paid by the inelastic side of the market. It can also thought as only smaller portion of tax is paid by the elastic side of the market. If the demand is more elastic than supply, sellers are paying a greater proportion of tax. If demand is completely elastic, entire taxes paid by the seller
With current technology, suppose a firm is producing 400 loaves of banana bread daily. Also assume that the least-cost combination of resources in producing those loaves is 5 units of labor, 7 units of land, 2 units of capital, and 1 unit of entrepreneurial ability, selling at prices of $40, $60, $60, and $20, respectively. Assume the firm can sell these 400 loaves at $2 per unit.
Answer:
A) Total revenue = 400 loaves of bread x $2 per loaf of bread = $800
B) Total economic costs = (5 units of labor x $40 per unit of labor) + (7 units of land x $60 per unit of land) + (2 units of capital x $60 per unit of capital) + (1 unit of entrepreneurial ability x $20 per unit) = $200 + $420 + $120 + $20 = $760
C) Economic profit or loss = total revenue - total economic costs = $800 - $760 = $40
Final answer:
The question explores the employment decisions a bakery manager makes based on marginal revenue product and marginal factor cost curves, with factors such as changes in the price of bread and the wage of bakers impacting profit maximization.
Explanation:
This question revolves around the concept of marginal revenue product (MRP) and marginal factor cost (MFC) in the context of a bakery business. The MRP curve shows the additional revenue generated by hiring an extra baker, while the MFC curve represents the cost incurred by hiring an extra baker. If the bakery produces 400 loaves of banana bread daily, selling at $2 per loaf, and the input cost prices are provided for labor, land, capital, and entrepreneurial ability, we can use this information to determine the bakery's resource allocation and labor demand.
Given that additional contextual examples indicate bakers receive a wage of $100 per day and each loaf sells for $1.00 to $1.20, we can analyze how changes in the price of bread affect the MRP and subsequently the number of bakers Ms. \' Alvarez would employ in her bakery. The examples provide scenarios where the firm needs to adjust labor employed based on the MRP of labor, the price of bread, and the labor cost to maximize profits.
A divisional manager is suspected of adding ghost employees to the payroll. Which investigative method can most easily uncover this type of fraud?
Answer:
Concealment method
Explanation:
The distribution concealment technique in a randomized survey masks the process of grouping study patients into treatment groups, so that this information can not be manipulated. Sufficient invisibility of distribution helps to deter participants in the study from choosing care assignments for items.
Withdraw or delete from evaluation by using a false name to avoid or prohibit identification or revealing of one's identity.
by using this method manager will able to uncover the frauds.
Explain the significance of scarcity, economics, need, want, factors of production, land, capital, capital good, labor, entrepreneur, and Gross Domestic Product (GDP)?
Explanation:
Scarcity is the prerequisite for not having sufficient money from government to create all the stuff that people want. Economy is an examination about how people interact with scarcity or seek, through diligent use of relatively scarce commodities, to meet nearly unlimited and profitable needs. Necessity, like food, shelter and clothes, is a fundamental need for life.A choose is what we really want, but we don't have to survive. The development factors are the tools needed to produce what we want. Development considerations include land, money, labor and companies. Land applies to non-people natural resources, like rich lands, ore deposits, forestry and a good crop habitat. Capital applies to the machines, tools, machinery and industrial sectors used to produce goods and services.Labor means the people and that all their energies, abilities and competences. A businessman looking for income is a risk-taker who makes using available resources something fresh. Businesspeople are essential during much of the economic change and inventors. The key gross national product is the dollar amount of every final good, services and structure generated in a given year in a given country. The overall output and financial health of a country is a good measure.Scarcity refers to the gap between limited resources and limitless wants, leading to the study of economics. Factors of production (land, labor, capital) are essential in economic studies, with entrepreneurs being the risk-takers driving economic growth. Gross Domestic Product (GDP) measures a country's economic health.
Explanation:
Scarcity refers to the basic economic problem, the gap between limited resources and theoretically limitless wants. This situation requires people to make decisions about how to allocate resources effectively, hence the study of economics.
Need refers to goods or services required for survival, while want refers to goods or services that people desire but are not necessary for survival.
Factors of production include land (including all natural resources), labor (the workforce), and capital (man-made goods used in production, which are also known as capital goods). An entrepreneur is a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so. They are considered an essential driver of economic growth.
The Gross Domestic Product (GDP) is the total value of all final goods and services produced within a country's border in a year. It's a key measure of a country's economic health.
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Mrs. Simpson buys loaves of bread and quarts of milk each week at prices of $1 and 80 cents, respectively. At present she is buying these products in amounts such that the marginal utilities from the last units purchased of the two products are 80 and 70 utils, respectively.
Answer:
Mrs. Simpson should buy less bread and more milk.
Explanation:
Besides the nutritional differences between bread and milk, Mrs. Simpson is not buying the utility-maximizing combination of bread and milk.
When she purchases bread, she is paying $1 for 80 utils, that means that the marginal cost of every util is 1.25¢.
When she purchases milk, she is paying $0.80 for 70 utils, that means that the marginal cost of every util is 1.14¢.
So the marginal cost per additional util is lower for milk.
One key role of marketing is ______
1. Supporting the board of directors.
2. Operating at the corporate level.
3. Looking outward by listening to customers.
4. Making strategic business decisions.
5. Managing executives.
Answer:
3. Looking outward by listening to customers
Explanation:
This particular role assist in retaining customers by creating new opportunities to win customer loyalty and business.
Amelia has made a conscious effort to become an active listener. She shuts down her computer, turns off her cell phone, and asks her assistant to hold all incoming calls when she conducts interviews. What technique is she using to improve listening?
Answer:
Controlling her surroundings.
Explanation:
There are various techniques that can help an individual improve listening. One of such techniques involves controlling your surroundings.
To do this, you have to first identify sources of potential distractions to you, in your immediate surroundings and remove them. This improves the ability to listen actively.
Final answer:
Amelia is using a distraction elimination technique to improve her active listening by creating an environment that allows her to focus solely on the interviewee, demonstrating full engagement in the conversation.
Explanation:
Amelia is employing a technique aimed at eliminating distractions to improve her active listening skills during interviews. This method involves creating an environment conducive to focusing solely on the interviewee, thereby enhancing the quality of the interaction and the information gathered. By shutting down her computer, turning off her cell phone, and asking her assistant to hold all calls, Amelia ensures that her attention is not divided and that she can fully engage with the subject at hand.
Active listening not only involves the absence of distractions but also the presence of engagement cues such as nodding, maintaining eye contact, and providing verbal affirmations. This demonstrates to the speaker that the listener is fully present and invested in understanding their perspective. It's a sign of respect and can greatly improve the communication process.
Amelia's approach reflects a consciousness style of listening, where the listener makes a deliberate effort to immerse themselves in the speaker's message, putting aside their own thoughts and judgments to better understand the speaker's situation and needs.
Bridge Company’s results for the year ended December 31, 2016, include the following material items:
Sales revenue $5,000,000
Cost of goods sold 3,000,000
Administrative expenses 1,000,000
Gain on sale of equipment 200,000
Loss on discontinued operations 400,000
Understatement of depreciation expense in 2015 caused by mathematical error 250,000
Bridge Company’s income from continuing operations before income taxes for 2016 is:
a. $700,000
b. $950,000
c. $1,000,000
d. $1,200,000
Answer:
(C) $1,000,000
Explanation:
A company's continuing operations are events that make up or are involves in the regular business activity of a company. As such, for a company whose primary business is the sales of, for example, groceries, the sale of an equipment is not a part of the Company's continuing operations.
For Bridge Company, its income from continuing operations before income tax is computed as follows.
Sales revenue, $5,000,000
Less, Cost of goods sold, $3,000,000
Less Administrative expenses, $1,000,000
Therefore, income from continuing operations = $1,000,000.
Gain on sale of equipment, loss on discontinued operations, and an adjustment for previous depreciation expenses are not continuing operations' items.