Answer: No, the parties expected the hardship and provided for it in their contract
Explanation:
Based on the information given in the question, Louis cannot get out of the contract. This is because the parties expected the hardship and provided for it in their contract.
This can be deduced when rather than paying $3 per bushel, in case of bad weather requiring additional workers, the rate would be $3.50 per bushel and it was agreed.
Therefore, Louis can't get out of the contract.
Fiscal policy is likely to fail to correct stagflation in an economy because _____ a. it affects aggregate supply only, but only aggregate demand needs to be changed. b. it affects aggregate demand only, but aggregate supply also needs to changed. c. it affects both the aggregate demand and supply, but only aggregate demand needs to be changed. d. it affects both the aggregate demand and supply, but only aggregate supply needs to be changed. e. it affects either aggregate demand or aggregate supply, but both need to be changed simultaneously.
Answer:
b. it affects aggregate demand only, but aggregate supply also needs to be changed.
Explanation:
Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.
A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.
Inflation can be defined as the persistent general rise in the price of goods and services in an economy at a specific period of time.
Generally, inflation usually causes the value of money to fall and as a result, it imposes more cost on an economy.
Fiscal policy is likely to fail to correct stagflation in an economy because it affects aggregate demand only, but aggregate supply also needs to be changed.
PLEASE HELP!! ASAP!!
Answer:
i can't drag them
Explanation:
How can Carlito determine the total income earned by a person?
Carlito is a professional financial planner. Mr. Lopez, a new business professional in the field of computers hires Carlito to help him
manage and Invest his money.
Carlito will require Mr.Lopez's
_________to learn about his final Income after deduction. He will also require Mr. _____
Lopez's
to know the amount of Interest he earns from his savings.
Answer:
income....
Bank statement
Explanation:
If a country has a current account deficit, which of the following must be true? It must also show a deficit in its capital account. It must also show a deficit in its capital account. A It must show a surplus in its capital account. It must show a surplus in its capital account. B It must increase the purchases of foreign goods and services. It must increase the purchases of foreign goods and services. C It must increase the domestic interest rates on its bonds. It must increase the domestic interest rates on its bonds. D It must limit the flow of foreign capital investment.
Answer:
A. It must show a surplus in its capital account.
Explanation:
A deficit can be defined as an amount by which money, falls short of its expected value.
In Financial accounting, deficit is usually as a result of revenue falling below expenses or expense exceeding revenue at a specific period of time.
For instance, if in a country liabilities exceeds assets or import exceeds export there would be a deficit in the financial account of the country.
Generally, a deficit on the current account of a country leads to a surplus on the financial and capital account. This is simply as a result of a country having to import more goods and services than it is exporting to other countries in trade.
Hence, if a country has a current account deficit, it must show a surplus in its capital account.
In conclusion, a deficit on the current account is because the value of goods and services exported is lower than the value of goods and services being imported in a particular country.
The ability to reason well is necessary for modern workers because __________.
a.
Communication with other workers will be difficult
b.
Creativity is not valued in the modern workplace
c.
They will often have to solve problems with limited information
d.
Most problems will be straight-forward and easy to solve
Answer:
C. Or D.
Explanation:
Most Work problems are easy to solve depending on what is the cause of the situation. If you don't have the nesassary Resourses to solve that problem you must find out a way to work out that problem without what you need sometimes.
Answer: it’s C just took the Ed test
Explanation:
Blanchard Company manufactures a single product that sells for $160 per unit and whose total variable costs are $120 per unit. The company’s annual fixed costs are $629,000. The sales manager predicts that annual sales of the company’s product will soon reach 39,900 units and its price will increase to $199 per unit. According to the production manager, variable costs are expected to increase to $139 per unit, but fixed costs will remain at $629,000. The income tax rate is 25%. What amounts of pretax and after-tax income can the company expect to earn from these predicted changes? Prepare a forecasted contribution margin income statement.
Answer:
Following are the solution to the given question:
Explanation:
Income statement
sales [tex]39900\times 199 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 7940100\\\\[/tex]
The less average cost of variable [tex]39900\times 139 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 5546100 \\\\[/tex]
margin for contribution [tex]2394000\\\\[/tex]
Lesser fixed costs [tex]629000\\\\[/tex]
Income from of the company or tax [tex]1765000 \\\\[/tex]
Lower-income tax by [tex]25\%[/tex] [tex]441250 \\\\[/tex]
after-tax revenue [tex]1323750\\\\[/tex]
What field should be moved out of a table if Customer ID is the primary key? address O package size O phone number O customer name
Answer:
package size
Explanation:
all the others are stuff abt the customer
Answer:
B
Explanation:
Which of the following will result in a rightward shift of the aggregate demand curve? An increase in the income tax rate An increase in the income tax rate A An increase in exports An increase in exports B A decrease in the price level A decrease in the price level C A decrease in household income A decrease in household income D A decrease in government spending
Answer:
B. A decrease in the price level
Explanation:
Remember, the term aggregate demand generally refers to the total demand for finished goods and services produced in an economy.
Hence, among all the above-listed scenarios, we should be looking for a scenario or factor that influences demand. Price is one of the main factors that influence demand.
Thus, we would agree that in most economies a decrease in the price level could result in a rightward (positive increase) shift of the aggregate demand curve.
For example, assuming the price of gas in the country decreases; holding all other factors constant, people would naturally want to buy more gas at cheap prices.
The statement among the options that will result in a rightward shift of the aggregate demand curve is a decrease in the price level.
There are various parts of aggregate demand. They include consumption spending, investment spending, government spending etc.
A shift of the aggregate curve (AD) to the right is simply known to be that at a part above increased that lead to a greater amount of total spending would occur at every price level.
Conclusively, it can also result to changes in the behavior of consumers and firms and changes in government tax.
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Which one of these values can you usually expect from persons of integrity?
VALUE FROM PEOPLE WITH INTEGRITY:
- Responsibility. People who have integrity take responsibility for their actions no matter what they did.
what is the difference between absolute advantage and competitive advantage
Answer:
Absolute advantage refers to the uncontested superiority of a country or business to produce a particular good better. Comparative advantage introduces opportunity cost as a factor for analysis in choosing between different options for production diversification
Which Important personal quality does Jane seem to possess?
Jane is friendly and kind toward her coworkers. She makes interesting conversation with them during lunch. Her attitude helps to maintain a
harmonious atmosphere at work. Jane thus possesses an important personal quality known as
Answer:
kindness
Explanation: sorry im guessing by what the paragraph tells me..
Answer:
courteousness
Explanation:
These are all attributes of a courteous individual.
The lack of competition is part of the free enterprise system.
O True
O False
Answer:
I think its true
Explanation:
Suppose a company decides to lay off 150 workers to increase share values as a result some interested parties would benefit while others would suffer this scenario demonstrates the concerns with the _____ theory of social responsibility.
A. Maximizing profits
B. Stakeholder interest
C. Corporate citizenship
D. Moral minimum
Answer:
Corporate citizenship
Tony, the human resources manager for TopShelf Beverages, is confidentially working with line managers to lay off a significant portion of the work force, while simultaneously processing generous retention bonuses and sizeable salary increases for top executives, one of whom Tony is also investigating for corrupt management practices. Feeling conflicted, Tony remembers that human resources managers typically face greater _____________ challenges than other managers.
Answer: ethical
Explanation:
Ethics simply refers to the standard of knowing what's right and wrong. From the question, we can infer that Tiny is facing ethical challenges as his action will harm some and benefit others.
In this case, some of the workforce will be laid off while there will be an increase in salary for the top executives and one of the top executives is being investigated for corrupt practices. This is an ethical dilemma.
An example of government spending when calculating the GDP using the expenditures approach is _____.
A. medical expenses
B. any investment expenditure by a government
C. the purchase of a building
D. none of the above
Answer:
Maybe D, The answer should be "salaries of public employees"
Answer:
Medical expenses
Explanation:
EDG 2021 Business Entreprenuership
If you were to describe yourself in one sentence, what would you say?
Which of the following was the most immediate cause of global economic integration in the late twentieth and early twenty-first century? a Decreases in the cost of long-distance communication and transportation b Regulation of air and water pollution in the developed world c Population growth in the developing world d Increased dependence on cheap oil from the middle east
What is the term for a legally-binding document outlining the terms and conditions of a business transaction?
Answer:
A contract.
Explanation:
an author can register his or her copyright application with the
Answer:
You can submit a copyright application through www.copyright.gov or through a paper application. I think answer would be registration record
Explanation:
Answer:
US Copyright Office
Explanation:
A variable costing income statement ______. Multiple select question. calculates contribution margin, while the absorption costing income statement calculates gross margin is constructed exactly like an absorption costing income statement focuses on fixed and variable expenses, while an absorption costing income statement focuses on period and product costs does not include fixed manufacturing overhead, which is included on an absorption costing income statement
Answer:
calculates contribution margin while the absorption costing income statement calculates gross margin
focuses on fixed and variable expenses, while an absorption costing income statement focuses on period and product costs
Explanation:
variable costing income statement can be regarded as statement whereby all variable expenses are been removed from revenue so that separately-stated contribution margin can be gotten. And all fixed expenses are also removed so that net profit/ loss for that particular period can be known. While absorption costing income statement utilize absorption costing in creating
income statement.
A variable costing income statement are:
1. Calculates contribution margin
3. Does not include fixed manufacturing overhead, which is included on an absorption costing income statement
What is a variable costing income statement?A variable costing income statement is a financial statement that calculates and presents the costs and expenses associated with a company's products or services using the variable costing method. Variable costing, also known as direct costing or marginal costing, is an accounting method that categorizes costs as either fixed or variable based on their behavior.
In a variable costing income statement, only variable costs are considered as product costs and included in the cost of goods sold (COGS) calculation. Variable costs are expenses that change in direct proportion to the level of production or sales. They include direct materials, direct labor, and variable overhead costs.
Fixed costs, on the other hand, are not allocated to the cost of goods sold but are treated as period expenses. Fixed costs are expenses that do not vary with the level of production or sales, such as rent, salaries of administrative staff, and depreciation of fixed assets.
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All of the following characterize both perfectly competitive and monopolistically competitive markets EXCEPT: Price is equal to average revenue. Price is equal to average revenue. A Individual firms produce output where marginal cost equals marginal revenue. Individual firms produce output where marginal cost equals marginal revenue. B Firms can affect the selling price of their product. Firms can affect the selling price of their product. C The market has a large number of firms. The market has a large number of firms. D Firms can easily enter or exit the market.
Interest rate differences between countries depend on Group of answer choices neither differences in expected inflation, nor on expected changes in the real exchange rate. differences in expected inflation, but not on expected changes in the real exchange rate. differences in expected inflation, and on expected changes in the real exchange rate. differences in expected changes in the real exchange rate, but not on expected inflation. differences in expected inflation and nothing else.
Answer:
Differences in expected inflation, and on expected changes in the real exchange rate.
Explanation:
Interest rate is the rate charged by a lender on monies borrowed
For example if 100 is borrowed, and the lender expects the borrower to pay 10 every month. The interest rate = (10/100) = 10%
According to the taylor equation
(1 + Nominal interest rate) = ( 1 + real interest rate) + (1 + inflation rate)
the higher the real interest rate and inflation rate, the higher the nominal interest rate
Real interest rate is interest rate less inflation rate
Nominal interest rate includes inflation rate
Complete the following sentence.
If an interviewer has suspicions of fraud, the interviewer may call on a fraud
to assess the situation.
Answer:
Auditor
Explanation:
If an interviewer has suspicions of fraud, the interviewer may call on a fraud AUDITOR to assess the situation.
This is because a FRAUD AUDITOR is a type of auditor who based on his experience and background, works as a professional in the gathering of verifiable evidence in terms of fraud and eventually serves as an expert witness during the legal proceeding of such cases.
Answer:
fraud detection
Explanation:
In its 20X5 income statement, Tow, Inc. reports proceeds from an officer's life-insurance policy of $90,000 and depreciation of $250,000. Tow was the owner and beneficiary of the life insurance on its officer. Tow deducted depreciation of $370,000 in its 20X5 income tax return when the tax rate was 30%. Data related to the reversal of the excess tax deduction for depreciation follow: Year Reversal of excess tax deduction Enacted tax rates 20X6 $50,000 35% 20X7 $40,000 35% 20X8 $20,000 25% 20X9 $10,000 25% There are no other temporary differences. In its December 31, 20X5 balance sheet, what amount should Tow report as a deferred income tax liability
Answer:
the deferred income tax liability is $25,200
Explanation:
The computation of the deferred income tax liability is given below:
= Excess of depreciation as per tax over books × Tax rate
= ($370,000 - $250,000) × 21%
= $25,200
Hence, the deferred income tax liability is $25,200
We simply applied the above formula so that the correct value could come
And, the same would be considered
Problem 11-21 Item X is a standard item stocked in a company's inventory of component parts. Each year the firm, on a random basis, uses about 1,700 of item X, which costs $25 each. Storage costs, which include insurance and cost of capital, amount to $4 per unit of average inventory. Every time an order is placed for more item X, it costs $22. a. Whenever item X is ordered, what should the order size be? (Round your answer to the nearest whole number.) Order size b. What is the annual cost for ordering item X? (Round your answer to 2 decimal places.) Ordering cost $ c. What is the annual cost for storing item X? (Round your answer to 2 decimal places.) Holding cost $
Answer:
a) the order size of item X should be 137 units
b) the annual ordering cost for item X is $ 272.99
c) the annual holding cost for item X is $ 274
Explanation:
Given the data in the question;
a) Whenever item X is ordered, what should the order size be?
The Economic Order quality EOQ is the optimum quantity that should normally be ordered, its is expressed as;
[tex]Q_{opt[/tex] = √( 2DS/H)
where D is the annual demand, S is set up cost and H is the holding cost.
given that; the annual demand is 1700 units and the holding cost is $4 per unit per year, cost of placing order is $22.
So, we use the Economic Order quality EOQ;
[tex]Q_{opt[/tex] = √( 2DS/H)
we substitute
[tex]Q_{opt[/tex] = √( (2 × 1700 × 22 ) / 4)
[tex]Q_{opt[/tex] = √( 74800 / 4 )
[tex]Q_{opt[/tex] = √18700
[tex]Q_{opt[/tex] = 136.75 ≈ 137 units
Therefore, the order size of item X should be 137 units
b) What is the annual cost for ordering item X.
Annual ordering cost = actual number of placed orders × cost of each order
Annual ordering cost = D/Q × s
we substitute
Annual ordering cost = (1700 / 137) × 22
Annual ordering cost = 12.408759 × 22
Annual ordering cost = 272.99
Therefore, the annual ordering cost for item X is $ 272.99
c) What is the annual cost for storing item X.
Holding cost = average inventory × cost of storage per unit
Holding cost = Q/2 × H
we substitute
Holding cost = 137/2 × 4
Holding cost = 68.5 × 4
Holding cost = $ 274
Therefore, the annual holding cost for item X is $ 274
Assume that the reserve requirement for demand deposits is 20 percent, that banks hold no excess reserves, and that the public holds no currency. If the central bank sells $10,000 worth of government securities to commercial banks, the total money supply will
Answer:
The right solution is "decrease by $50,000". A further explanation is description if provided below.
Explanation:
The given values:
Sell amount,
= 10,000
Reserve ratio,
= 20%
i.e.,
= 0.2
Now,
The decrease in money supply will be:
= [tex]\frac{Sell \ amount}{Reserve \ ratio}[/tex]
On substituting the values, we get
= [tex]\frac{10000}{0.2}[/tex]
= [tex]50,000[/tex] ($)
A manager’s responsibility to actively control risk factors for food borne illnesses is called
Answer:
A hazard analysis critical control point (HACCP)
which kind of crm fits into the category of web analytics
Answer:
im so confused
Explanation:
A person who needs a car for a few weeks while visiting family out of state
would most likely choose to do which of the following?
A. Finance a car
B. Rent a car
C. Lease a car
D. Join a carpool
Answer:
B. Rent a car or A car rental
Explanation:
Got the quiz question correct!
Comfy Cozy Chairs makes and sells rockers. Each rocker requires $45 of direct materials and $37 of direct labor. Variable manufacturing overhead is $8 per unit, and fixed manufacturing overhead totals $58,000. Variable selling and administrative costs equal $15 per unit, and fixed selling and administrative costs total $102,000. During the period, 2,000 rockers were produced and 1,640 were sold. The unit product cost using absorption costing is ______. Multiple choice question. $105 $119 $90 $125
Answer:
Unitary production cost= $119
Explanation:
The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
Unitary fixed overhead= 58,000 / 2,000= $29 per unit
Now, the unitary absorption cost per unit:
Unitary production cost= 45 + 37 + 8 + 29
Unitary production cost= $119