Answer: anchoring and adjustment
Explanation:
Anchoring and adjustment has to do with the adjustment in the idea that a person has based on some initial occurence.
Anchoring and adjustment can be used
in sales when a consumer's subsequent negotiations is based on the previous negotiation or purchases. Therefore, consumers use anchoring and adjustment while trying to judge the value of a product
If expectations of inflation are formed rationally, the sacrifice ratio for an unexpected change in the money supply _____. Group of answer choices is the same as for an expected change in the money supply is bigger than the sacrifice ratio for an expected change in the money supply is smaller than the sacrifice ratio for an expected change in the money supply would also be unexpected
Answer:
b. is bigger than the sacrifice ratio for an expected change in the money supply
Explanation:
If expectations of inflation are formed rationally, the sacrifice ratio for an unexpected change in the money supply is bigger than the sacrifice ratio for an expected change in the money supply.
The sacrifice ratio is an economic ratio which aims to measures the effect of rise and fall of inflation on the country's total production and output. When prices fall, companies are less incentivized to produce goods and may cut back on production. If people do form their expectations rationally, then the inflation inertia will be less intense than it appeared initially. But, if unexpected change happens (i.e. like an unexpected change in the money supply), then inflation inertia will be more intense. Therefore, the change in sacrifice ratio would be bigger.
Imagine that you work for the city of Fresno, California during the summer, and you are a union employee, just like the other 2000 employees of Fresno. As a union member you are:__________
a. the agent of your union
b. the principal of your union
c. the independent contractor of the union
d. the employee for your union
e. none of the above
Answer: b. the principal of your union
Explanation:
Union members are principals of the Union because in joining a union, they are giving the union the power to represent them in matters of labor with management.
This Power of Agency which is given to the Union therefore makes the Union the agent and the member , the Principal. The principal (member) will pay fees (union dues) to the agent for this representation as well.
Alan's employer maintains a long-term disability income plan on which it pays all premiums. Last year, Alan received $40,000 in benefits under the plan during his period of disability. How much of the benefits received, if any, must Alan include in his income
Answer:
$40,000
Explanation:
If Alan had paid the disability insurance himself, then disability income would not be taxable. But since Alan's employer paid the disability insurance premiums, then any disability payments that Alan received must be included in his gross income and are taxable.
The amount of the benefit received if any must Alan include in his income should be $40,000.
The following information should be considered:
In the case when Alan had paid the disability insurance himself, then disability income would not be taxable. But since Alan's employer paid the disability insurance premiums, then any disability payments that Alan received must be included in his gross income and are taxable.Learn more: brainly.com/question/16911495
Hunter is going to receive $3,000 in one year and he wants to know its equivalent value today. The process of determining the answer is called:_______
a. discounting
b. compounding
c. pricing
d. rating
Answer:
a. discounting
Explanation:
We arrive at the Present Value from Future Value through the discounting process using the the appropriate discount rate. Likewise we arrive to the Future Value by compounding the Present Value using the appropriate discount rate.
Pauley Company needs to determine a markup for a new product. Pauley expects to sell 25,000 units and wants target profit of $20 per unit. Additional information is as follows:
Variable product cost per unit 17
Variable administrative cost per unit 12
Total fixed overhead 23,500
Total fixed administrative 42,000
Using the variable cost method, what markup percentage to variable cost should be used?
Answer:
69 %
Explanation:
Mark up is Gross Profit expressed as a percentage of Total Costs.
When using variable costing, only the variable costs are used to determine the Product Cost.
Product Cost = Variable product cost per unit + Variable administrative cost per unit
= $17.00 + $12.00
= $29.00
Therefore,
Mark up = Profit ÷ Total Variable Cost
= $20.00 ÷ $29.00
= 0.69 or 69 %
A borrower asks the notary Signing agent for the contact information for the closing agent and the lenders representative. The notary signing agent should respond by
Answer: a. Providing the borrower with the information for both contacts.
Explanation:
There is no legal precedent that states that the Notary should not provide the borrower with information to the closing agent and the lender's representative so in this case the Notary should provide the borrower with the information on both contacts.
If the reserve requirement is 20% and commercial bankers decide to hold additional excess reserves equal to 5% of any newly acquired checkable deposits, then the effective monetary multiplier for the banking system will be
Answer: 4
Explanation:
Based on the information provided in the question, the effective monetary multiplier for the banking system will be calculated as:
= 1/Reserve ratio
= 1 / (20 + 5%)
=1/(0.20+0.05)
= 1/0.25
= 4
Therefore, the effective monetary multiplier for the banking system is 4.
Please help ASAP
Is an interior design company a industry business or service businesses?
Answer:
Both
Explanation:
Interior design business combines both elements of service and product business. A majority of businesses in the interior design sector will offer their clients consulting services and also sell furniture and other products required to achieve the intended look. Almost all the store that sells decor and other interior designs product will offer consultation services on interior design.
The interior design business is more of a practice than a theory sector. Customers want to see, feel, and experience the final product before they can commit. Most start-ups will begin by providing consulting services only. As they grow, they set up a showroom where they exhibit and sell interior design products.
What are the two types of agencies and where do they receive their power and duties? a. International agencies receive their power directly from the president and Congress. Domestic agencies also receive delegated power and authority from the president and Congress. b. Executive agencies receive their power delegated from the executive branch (the president). Independent agencies receive their power as delegated from Congress. c. Economic agencies receive their power as delegated from the president and Congress. Independent agencies also receive their power as delegated from the president and Congress.
Answer: b. Executive agencies receive their power delegated from the executive branch (the president). Independent agencies receive their power as delegated from Congress.
Explanation:
There are two types of Administrative agencies in the United States: Executive and Independent.
Executive agencies are created by the Presidency and are therefore answerable to the president. They usually have a single leader who sits on the President's cabinet.
Independent agencies are created by an Act of Congress to manage complex areas of operation. They do not usually have a single leader but rather a board or commission with leaders that do not sit on the President's cabinet. An example is the Environmental Protection Agency(EPA).
Managerial accounting is applicable to service entities. manufacturing entities. not-for-profit entities. all of these.
Answer:
all of these
Explanation:
Managerial accounting is aimed at achieving organisational goals by managers. It is the method of measuring, identifying, analysing, interpreting and communicating financial data in such a way that the manager can use for day to day decisions.
Since all the organisations: service entities, manufacturing entities, and not for.profit organisations have managers that make decisions aimed at meeting organisation goals, they all need managerial accounting
Zhang Company reported Cost of goods sold of $835,000 and ending Inventory of $41,750. The Days' sales in inventory (rounded to whole days) is:_______
a. 7 days.
b. 418 days.
c. 56 days.
d. 18 days.
e. 20 days.
Answer:
d. 18 days.
Explanation:
The Days' sales in inventory measures the number of days taken to sell inventory in a period.
The Days' sales in inventory formula is provided below:
Days Sales of Inventory = (Ending Inventory / Cost of Goods Sold) x 365
Ending inventory=$41,750
cost of goods sold =$835,000
Days Sales of inventory=($41,750/$835,000)*365
Days Sales of inventory=18.25 (18 when rounded to whole day)
Use the three Ts of fiscal policy to explain the challenges faced when using discretionary fiscal policy to counter a recession.
a) The policy must be used only for as long as needed to avoid crowding out.
b) target the specific regions and groups of workers who need help the most.
c) be implemented before economic conditions have severely worsened.
d) be implemented slowly, so that it works properly.
Answer:
The three Ts of fiscal policy used to counter a recession state that:
a) The policy must be used only for as long as needed to avoid crowding out.
b) target the specific regions and groups of workers who need help the most.
c) be implemented before economic conditions have severely worsened.
Explanation:
Keynesians who support stimulus policies argue that discretionary fiscal policies need to be “timely, targeted, and temporary” for them to be successful. The temporary component argues that discretionary fiscal policies should not be used for too long a period to avoid crowding out the market forces. The targeted component states that fiscal policies, which are marshaled out to counter a recession, should only provide help to those who require them most, and not to everybody, across the board. The last component is that there should not be delays in implementing counter-recession measures because the economy will be worst off if the policies are implemented when economic conditions have become severe.
A positive result that stems from the use of return on investment (ROI) is that it encourages managers to focus on the efficient use of resources in generating income. operating asset efficiency. cost efficiency. the relationship among sales, expenses, and investment. All of these.
Answer:
All of these.
Explanation:
The formula to compute the return on investment is as follows:
Return on investment = Net operating income ÷ Average operating assets
Here the return on investment means it calculates the manager performance that motivates them to rise the net operating income via cost efficiency also at the same time the average operating assets could be maintained at the normal level so that the operational efficiency could be accomplished
Therefore the last option is correct
. In terms of the leadership style Taylorism is: a. People Oriented b. Task Oriented c. Neither People nor Task d. Sustainability oriented
Answer:
b. Task Oriented
Explanation:
As we know that the scientific management approach was established by FW taylor where he focused on work not the worker. Hee finds the ways for doing the work in effective and efficient way via scientific research
So in term of the leadership style, taylorism would be task oriented
Therefore the option b is correct
Which of the following has made communication within teams more dificult in recent years?
O advancements in technology
O an increasingly global society
O a cuture of disrespect
O declining professionalism
Answer:
an increasingly global society
Explanation:
An increasingly global society or globalization has led to increased interactions between people from different countries. Improvements in transport networks have made it easy for goods, people, and technology to move across borders. Globalization has made economies depend on each other, which has necessitated relaxation on border restrictions.
Due to globalization, it is common to find people from different nationalities living and working in a country. Consequently, organizations have teams composed of people from different regions. Diversity in the workplace has meant the inclusion of different backgrounds in the workforce. As a result, communications have become more challenging due to language barriers and differences in cultural beliefs and practices.
what is effect of interest charged on capital on accounting system
Answer:
The amount of interest charged on capital is an indirect expense of the business and on the other hand, it is an income of the owner. Interest on Capital has the following two effects on final accounts: It is an expense of the business, therefore; it will be recorded on the debit side of Profit and Loss Account.
Moss County Bank agrees to lend the Sandhill Co. $455000 on January 1. Sandhill Co. signs a $455000, 6%, 9-month note. What is the adjusting entry req
Answer and Explanation:
The adjusting entry is as follows
Interest Expense ($455,000 × 6% × 6 months ÷ 12 months) $13,650
To Interest payable
(Being interest expense is recorded)
here the interest expense is debited as it increased the expenses and credited the interest payable as it also increased the liabilities
The six months is calculated from Jan 1 to June 30
On November 19, Nicholson Company receives a $18,600, 60-day, 10% note from a customer as payment on account. What adjusting entry should be made on the December 31 year-end
Answer and Explanation:
The adjusting entry is as follows
Interest receivable Dr ($18,600 × 10% × 42 days ÷ 360 days) $217
To Interest revenue $217
(being the interest revenue is recorded)
Here the interest receivable is debited as it increased the assets and credited the interest revenue as it also increased the revenue
The 42 days are calculated from Nov 19 to Dec 31
Determine the monthly mortgage payments on a $200,000 home with a 20% down payment at 4.25% interest for 30 years.
Answer:
I'm also stuck on the same question
A balance sheet is a financial statement that shows _____ on a specific date. assets liabilities and owner's equity assets, liabilities, and owner's equity none of the above
Answer: the second to last option, owner's equity
Explanation:
i took the business class earlier this semester on edge :)
Answer:
Owners Equity
Explanation:
2021 EDGE :D
The discount rate is the: multiple choice 1 interest rate at which banks can borrow reserves from other banks. lowest interest rate that banks can charge for loans to their most creditworthy customers. lowest interest rate that banks can charge for lending reserves to other banks or financial institutions. interest rate at which banks can borrow reserves from the Federal Reserve. b. If the Fed were to decrease the discount rate, banks will borrow: multiple choice 2 fewer reserves, causing an increase in lending and the money supply. more reserves, causing an increase in lending and the money supply. more reserves, causing a decrease in lending and the money supply. fewer reserves, causing a decrease in lending and the money supply.
Answer:
a. The discount rate is the
interest rate at which banks can borrow reserves from the Federal Reserve.The discount rate is the interest rate that the FED charges commercial banks, credit unions, or other financial institutions for lending them money.
b. If the Fed were to decrease the discount rate, banks will borrow
more reserves, causing an increase in lending and the money supply.Lowering the discount rate is considered part of an expansionary monetary policy since banks will borrow more money and lend more money to the public, increasing the money supply.
Swifty Inc. and Blossom Co. have an exchange with no commercial substance. The asset given up by Swifty Inc. has a book value of $57000 and a fair value of $92000. The asset given up by Blossom Co. has a book value of $122000 and a fair value of $107000. Boot of $27000 is received by Blossom Co. What amount should Swifty Inc. record for the asset received
Answer:
$84,000
Explanation:
Calculation for What amount should Swifty Inc. record for the asset received
Using this formula
Assets received=Book value+ Boot received
Let plug in the formula
Assets received= $57,000+ $27,000
Assets received=$84,000
Therefore the amount that Swifty Inc. should record for the asset received is $84,000
what present sum would need to be put in a savings account now to provide a $1000 annual withdrawl for the next 50 years
Answer:
the present sum that required to put in a saving account is $15,761.90
Explanation:
The computation of the present sum that required to put in a saving account is as follows
The present sum is
= $1,000 × P/A(6%, 50)
= $1,000 × 15.7619
= $15,761.90
Refer to the P/A factor table
hence, the present sum that required to put in a saving account is $15,761.90
The same is to be considered
Direct exporting refers to Multiple Choice offering the right to a trademark, patent, trade secret, or similarly valued items of intellectual property in return for a royalty or fee. contracting with a foreign firm to manufacture products according to certain specifications. a foreign country and a local firm investing together to create a local business. using additional parties when a firm sells its domestically produced goods in another country. a firm selling its domestically produced goods in a foreign country without intermediaries.
Answer:
a firm selling its domestically produced goods in a foreign country without intermediaries.
Explanation:
Direct export is defined as the process where a manufacturer sells his products directly to a foreign market. The selling responsibility lies with the manufacturer and no intermediaries are brought in to the sales process.
The disadvantages of this method includes: high cost of distribution and reliance on distributors for success of the sales process.
On the other hand indirect exporting involves use of intermediaries who take responsibility for the sales process in the foreign market
NEED ASAP PLEASE
Volunteer work, internships, freelancing, and part-time jobs are all good ways to gain.
A. experience
B. entrepreneurship
C. a large income
D. a degree
Volunteer work, internships, freelancing, and part-time jobs are all good ways to gain experience. Thus, option A is correct.
What are internships?
A professional learning opportunity known as an internship provides students with appropriate, hands-on work that also is connected to their education field or for any future career. A student can explore and enhance their career while acquiring new abilities through an internship.
With the help of internships relaxing and part-time jobs, people are easily able to gain experience. Which will be helpful for them in the near future. As these will provide them credibility as well as experience to further work. And more people will be interested in hiding them.
Therefore, option A is the correct option.
Learn more about internships, here:
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give at least five
skills using shatong?
Answer:
1) Batting
2) Couting
3) Running
4) Striking
5) Catching
Explanation:
All up there. :)
Caribou Coffee Company, a company known for their coffee products, recently introduced new granola bars called Caribou Granola Bars. For Caribou Coffee Company, their granola bars are:
Answer: brand extension
Explanation:
Brand extension is also referred to as brand stretching. It is a marketing strategy whereby a particular firm uses the image and brand of a well known company or an existing company to market its product. The brand name is typically used for a product category that's different.
For example, from the question, Caribou Coffee Company is a company that is known for their coffee products, but recently it introduced new granola bars which is another product. This is done usually to increase sales.
At an annual effective interest rate of 6.3%, an annuity immediate with 4N level annual payments of 1,000 has a present value of 14,113. Determine the fraction (in percentage) of the total present value represented by the first set of N payments and the third set otâ…£ payments combined.
Answer:
$8,949.22
Explanation:
PV = annual payment x PV annuity factor
PV annuity factor = 14,133 / 1,000 = 14.133
PV annuity factor = [1 - 1/(1 + 0.063)ⁿ ] / 0.063
14.133 x 0.063 = 1 - 1/(1 + 0.063)ⁿ
0.890379 = 1 - 1/(1 + 0.063)ⁿ
1/(1 + 0.063)ⁿ = 0.109621
1 / 0.109621 = 1.063ⁿ
9.12234 = 1.063ⁿ
n = log 9.12234 / log 1.063 = 0.96010624 / 0.0265333 = 36
the present value of the first 36/4 = 9 payments = $1,000 x 6.71376 (PV annuity factor, 9 periods, 6.3%) = $6,713.76
the present value of the third set of 9 payments = $6,713.76 / (1 + 6.3%)¹⁸ = $2,235.46
present value of the first and third sets = $8,949.22
Nora is completing her 2019 California tax return. She was a resident of California for all prior years and has a California capital loss carryover of $1,000. What amount should she enter on her California tax return for the California capital loss carryover
Answer: $1,000
Explanation:
If Nora had not been a resident of California in the prior years that contributed to her $1,000 capital loss carryover, she would have had to recalculate her capital loss carryover using California standards.
This is not the case however as she was a resident in California for previous years so her capital loss carryover already conforms to California standards. She can therefore enter the entire $1,000 as her capital loss carryover.
You estimate that by the time you retire in 35 years, you will have accumulated savings of $2.9 million. a. If the interest rate is 8.0% and you live 15 years after retirement, what annual level of expenditure will those savings support
Answer:
$338,805.68
Explanation:
The computation of the amount of annual level of expenditure is shown below
Here we use the PMT formula
Given that
NPER = 15
RATE = 8%
FV = $0
PV = $2,900,000
The formula is shown below:
= PMT(RATE, NPER,-PV,FV,TYPE)
The present value comes in negative
After applying the above formula, the amount of annual level of expenditure is $338,805.68