Everyone can benefit when people specialize where they have a comparative advantage and then trade with each other statement is true.
What is Comparative Advantage?Comparative advantage is any country economy is the ability of that country or individual to manufacture a specific product or service ability at a very low opportunity cost more than any other partners involved.
Comparative advantage shows that tend to trade with one another, they export and import . Countries export goods they have comparative advantage in.
Therefore, Everyone can benefit when people specialize where they have a comparative advantage and then trade with each other statement is true.
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The USA is experiencing an expansion which increases demand for automobiles at the same time that supply is also increasing because of cheap raw materials. Answer:
a) What happens to demand and supply?
b) What happens to the equilibrium price, and to equilibrium quantity (increase, stays the same, or decrease)
For a single person, 0 allowances, who made $185 last week State withholding tax: $ Federal withholding tax: $
It should be noted that when an individual claims 0 on their tax, then such a person is having the largest amount that will be withheld from their paycheck.
What is a tax?Your information is incomplete as you didn't give enough information. Therefore, an overview of tax will be given. A tax is a compulsory levy that's paid to the government.
In a situation when an individual claims 0 on their tax, then such a person is having the largest amount that will be withheld from their paycheck for federal taxes.
When the goal of the person is to receive a larger tax refund, then it's best that the person claims 0.
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Walter is a developer and part of a team that develops safety-critical systems. He often finds it an ethical challenge to _____.
The ethical challenge that Walter had as a developer is that inability to identify what can go wrong and the likelihood and consequences of such occurrences
What is ethical challenge?An ethical challenge means a professional situation whereby all alternative are morally wrong and still one has to make a choice
In conclusion,the ethical challenge that Walter had as a developer is that inability to identify what can go wrong and the likelihood and consequences of such occurrences.
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identify the ethical issue in context of the debate regarding market allocation of water resources
The primary ethical issue with regard to market allocation of water resources is the human disregard for the intrinsic value of water.
What are the ethical issues relating to Water?
The ethical issues relating to water are:
Controlling the loss and contamination of drinkable water is a major issue around the world because, given the current population growth rate, the rate of contamination or loss must not exceed the ability of the natural water source to cleanse itself.
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nancy tercek started a delivery service tercek deliveries on june 1 2022 the following transactions occurred during the month of june
a) The effects of the transactions using the accounting equation format are as follows:
Date Assets = Liabilities + Equity
June 1 Cash $10,000 Common Stock $10,000
June 2 Delivery Van $14,000 Notes Payable $12,000
Cash - $2,000
June 3 Cash - $2,000 Rent Expense -$2,000
June 5 Accounts Receivable $4,800 Service Revenue $4,800
June 6 Cash -$300 Dividends -$300
June 12 Supplies $150 Accounts Payable $150
June 15 Cash $1,250
Accounts Receivable -$1,250
June 17 Accounts Payable $100 Gasoline -$100
June 20 Cash $1,500
Accounts Receivable -$1,500
June 23 Cash -$500 Notes Payable -$500
June 26 Cash -$250 Utilities Expense -$250
June 29 Cash -$100 Accounts Payable -$100
June 30 Cash -$1,000 Salaries Expense -$1,000
What is the format of the accounting equation?The accounting equation format or model is Assets = Liabilities + Equity.
b) Tercek Deliveries
Income Statement for the month of June 30
Service Revenue $4,800
Rent Expense 2,000
Gasoline Expense 100
Utilities Expense 250
Salaries Expense 1,000 $3,350
Net income $1,450
c) Tercek Deliveries
Balance Sheet for the month of June 30
Assets:
Cash $6,600
Accounts Receivable 2,050
Supplies 150
Delivery Van 14,000 $22,800
Liabilities:
Notes Payable $11,500
Accounts payable 150 $11,650
Equity:
Common Stock 10,000
Retained earnings ($1,450 - $300) 1,150
Total equity $11,150
Total liabilities + equity $22,800
Data and Calculations:Summary of balances or Trial Balance:
Account Titles Debit Credit
Cash $6,600
Accounts Receivable 2,050
Supplies 150
Delivery Van 14,000
Notes Payable $11,500
Accounts payable 150
Common Stock 10,000
Service Revenue 4,800
Rent Expense 2,000
Dividends 300
Gasoline Expense 100
Utilities Expense 250
Salaries Expense 1,000
Totals $26,450 $26,450
Question Completion with Transaction Analysis:
June 1 Cash $10,000 Common stock $10,000
June 2 Delivery Van $14,000 Cash $2,000 Note payable$12,000
June 3 Rent Expense $500 Cash $500
June 5 Accounts Receivable $4,800 Service Revenue $4,800
June 6 Dividends $300 Cash $300
June 12 Supplies $150 Accounts Payable $150
June 15 Cash $1,250 Accounts Receivable $1,250
June 17 Gasoline $100 Accounts Payable $100
June 20 Cash $1,500 Accounts Receivable $1,500
June 23 Notes Payable $500 Cash $500
June 26 Utilities Expense $250 Cash $250
June 29 Accounts Payable $100 Cash $100
June 30 Salaries Expense $1,000 Cash $1,000
Instructions:
a. Show the effects of the previous transactions on the accounting equation using the table format. Include margin explanations for any changes in stockholders' equity in your analysis.
b. Prepare an income statement for the month of June,
c. Prepare a balance sheet at June 30, 2022.
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what is grad school i want To know
Answer:
If you want to study a postgraduate degree, you'll be looking at various graduate (grad) schools and courses to find the right ones for you. ... The term grad school means a higher education institution which awards postgraduate degrees – most commonly master's and doctorate (PhD) programs.
The following information is related to Sheffield Real Estate Agency.
Answer:
EDate Affect on Accounting Equation Affect on Account Oct-01 Debit Cash Debit Asset $ 21,750 Credit James Sheffield, Capital Credit Equity $ 21,750 Oct-02 Debit No Entry Debit Credit Credit
Which type of taxable income is paid per hour worked?
The only way that a society can produce outside the production possibilities curve is
Part 2
A.
to use the concept of opportunity cost.
B.
through economic growth.
C.
by obeying the Law of Increasing Relative Cost.
D.
by producing efficiently.
and i copy and pasted:sorry if its wrong
sorry if its wrong:
Outward or inward shifts in the PPF can be driven by changes in the total amount of available production factors or by advancements in technology. If the total amount of production factors like labor or capital increases, then the economy is able to produce more goods at any point along the frontier.
In marketing, what are the five P's used for?
A. The sections of a marketing plan
B. Determining market saturation
C. Market research
D. Achieving marketing goals
Answer:
A
Explanation:
how do employee benefits relate to disposable income
Answer:
the term disposable earnings means the amount of pay remaining after legally required dedication.
Explanation:
disposable incomes is the amount of money that a person or household has to spend or save after income taxes are deducated
qualities of the mind
In the context of the Boston Consulting Group (BCG) growth-share matrix, if one of the strategic business units of a conglomerate is categorized under dogs, the management should a. hold the business till it turns into a star. b. infuse more capital into the strategic business unit. c. provide more human resources to the business. d. divest the strategic business unit.
Answer: hold a small market share in a low-growth market.
Explanation:
If a strategic business unit is categorized as a "dog" in the BCG growth-share matrix, management should divest the business unit, as it indicates low market growth and low market share, making it an unprofitable and non-promising investment. Therefore, option d is correct.
In the context of the BCG growth-share matrix, divest refers to the strategic decision of a conglomerate to sell or dispose of a specific business unit that is categorized as a "dog."
Divesting involves separating the underperforming or non-promising business from the conglomerate's portfolio in order to reallocate resources, minimize losses, and refocus efforts on more profitable and promising areas.
This keyword highlights the importance of recognizing and addressing underperforming business units to optimize overall portfolio performance and ensure strategic alignment with the organization's objectives and market dynamics.
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Abbott Company purchased $8,500 of merchandise inventory on account. Abbott uses the perpetual inventory method. How does this transaction affect the financial statements?
This transaction will affect the financial statement by: Increase inventory and increase accounts payable.
Financial statement:Assuming the company purchased merchandise inventory on account of the amount of $8,500 using the perpetual inventory method the effect of the transaction on the financial statement is: Inventory will increase by $8,500 and accounts payable will increase by $8,500.
The company inventory will increase due to the purchase they made while the company accounts payable will increase because the company purchased the goods on credit which simply means that they are yet to pay their suppliers.
Inconclusion this transaction will affect the financial statement by: Increase inventory and increase accounts payable.
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A clear understanding of ethical expectations is essential to an industry like lobbying, where illicit behavior can sometimes occur to
promote individual causes.
True
False
It is true that a clear understanding of ethical expectations is essential for a sector such as lobbying, where there can be illicit behavior in favor of individual benefits.
LobbyingIt corresponds to the influence of a group in the decisions of public power to favor its objectives.
To avoid unethical lobbying, there needs to be greater dissemination of information about this practice and greater control over the acceptance of contributions from interests, preventing the power of lobbyists over legislators.
The correct answer is:
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Commercial Insurances Inc. is a large stock property and liability insurer that specializes in the writing of commercial lines of insurance. The board of directors has appointed a committee to determine the feasibility of forming a new subsidiary insurer that would sell only personal lines of insurance, primarily homeowners and auto insurance. The new insurance company would have to meet certain management objectives. One member of the board of directors believes the new insurer should be legally organized as a mutual insurer rather than as a stock insurer. Assume you are an insurance consultant who is asked to serve on the committee. To what extent, if any, would each of the following objectives of the board of directors be met by formation of a mutual property and casualty insurer:
a. Commercial Insurance must legally own the new insurer.
b. The new insurer should be able to sell common stock periodically in order to raise capital and expand into new markets.
c. The policies sold should pay dividends to the policy owners.
d.The new insurer should be licensed to do business in all states.
The objectives of the board of directors will be that the commercial insurance cannot own the new insurer company because a new insurer will be formed based on mutual insurers where it will be controlled.
What is insurance?Insurance generally refers to a contract between parties for the protection of financial loss, where one party (Insurance Company) promises to make good of the losses of the other party (Insured). It is the equitable transfer of the risk of a loss, from one entity to another in exchange for payment.
Commercial lines insurance involves protection for business and organization. Commercial insurance cannot own the new insurer company because a new insurer will be formed based on mutual insurers where it will be controlled.
Also, one of the objectives of protection is to pool the risk of a sufficiently large number of insured, hence insurance important because it helps businesses to mitigate loss.
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You want to hire a consultant with expertise in identifying suitable locations for expansion. You've constructed a list of ten individuals, all from referrals, who may be able to provide this service. You want to contact each individual to gain additional information about availability, expertise, planned approach, and pricing. Which statement is most true of an email in this situation?
a. It requires less planning than a phone call.
b. It has less permanence than a phone call.
c. It requires more coordination than a phone call.
d. It is not as rich as a phone call.
Based on the benefits of using an email, the best answer would be that email a. requires less planning than a phone call.
Challenges with using a phone callTiming needs to be right for both you and the consultant. The consultant might not be able to give a comprehensive answer in the time of the call.If an email is used however, there is less planning because an email can be sent at your opportune time and then received and read at the coordinators' opportune time.
In conclusion, option A is correct.
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ECONOMICS PLEASE HELP TIMED!! Cow Tippers is a manufacturer that produces both leather cowboy boots and cowboy hats. Which of the following might decrease Cow Tipper’s supply of cowboy boots? * a. The price of leather has decreased. b. The price of labor hired by Cow Tipper’s has decreased. c. The price that consumers are willing to pay for cowboy hats has increased. d. The price of cowboy boots has decreased. e. The price of the machinery used to produce cowboy hats has decreased.
The factor that might lead to a decline in the supply of cowboy boots is the price that consumers are willing to pay for cowboy hats has increased.
What leads to a decrease in supply?
Factors other than a change in the price of A good would lead to either an increase or decrease in supply or a shift of the supply curve. Such factors include :
A change in the price of input A change in the number of suppliers Government regulations Technological changesA change in the price of substitute goods.To learn more about the change in supply, please check: https://brainly.com/question/15835771
What are three components of money management? List and explain each component.
Answer:
Management, Monitoring, and Maintenance.
Explanation:
They can help you get your finances under control and have some well-deserved peace of mind. Management One of the best things you can do to get the most out of your money is to manage it more closely.
Why does anyone decide to produce or sell something?
what six factors are found in every type of economy
Answer:
producers, distributors, consumers, labor, resources, and capital
Explanation: hope this heps<3
Answer:
Resources of land, labor, capital, and entrepreneurship used to produce goods and services.
Explanation:
Cost data for Mix-A-Lot Manufacturing Company for the month ended March 31, 2016, are as follows:
Inventories
March 1
March 31
Materials
$315,000
$277,200
Work in process
214,200
239,400
Finished goods
163,800
189,000
March 31
Direct labor
$567,000
Materials purchased during May
604,800
Factory overhead incurred during May:
Indirect labor
60,480
Machinery depreciation
36,000
Heat, light, and power
12,600
Supplies
10,080
Property taxes
8,820
Miscellaneous costs
16,380
Required:
A.
Prepare a cost of goods manufactured statement for March 2016. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. "Less" or "Plus" will automatically appear if it is required. Enter all amounts as positive numbers.
B.
Determine the cost of goods sold for March 2016.
Answer:
determine the cost of good sold for march 2016
What are advantages of a video résumé? Check all that apply. Video résumés allow you to demonstrate public speaking skills. Video résumés allow you to demonstrate technical skills. Video résumés relieve you of having to do an interview. Video résumés allow you to show your fashion sense.
Advantages of video resume include:
Video résumés allow you to demonstrate public speaking skills. Video résumés allow you to demonstrate technical skills. What is a Video resume?It involves a person showcasing their skills on a video. It involves a person talking about their skills as well as showing a demonstration of some of those skills.From the speaking part, a prospective employer is able to see the person's speaking skills and from the demonstration, their technical skills can be observed.
In conclusion, option A and B are correct.
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Hennessey Chicken and Waffles had $594,500 in sales, and a net profit margin of 4 percent. The firm has 2,750 shares of stock outstanding, with a market price per share of $42.40. What is the price-earnings ratio
The price-earnings ratio for Hennessey Chicken and Waffles would be 4.90
What is price-earning ratio(PE)?PE ratio is known as the price per earnings ratio. It is the ratio of share price of a company to its earnings per share. The higher the PE ratio, the higher the prospects of higher future performance.
The Price/Earnings Ratio (P/E Ratio) can be calculated as:
= Market Value / Earnings per Share.
First, we need to calculate the net income
Net Income
= Sales x profit margin
= 594500 * 4%
= $23,780
Earnings per share
= (Net profits after taxes – Preferred dividends) / Number of shares of common stock outstanding
= ($23,780 - 0) / 2,750
= $8.65
Therefore,
P/E ratio :
= Market Value / Earnings per Share.
= $42.40 / $8.65
= 4.90
Hence, the price-earnings ratio would be : 4.90
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When using an e-portfolio, documents, such as letters, certificates, may be attached to the e-portfolio without any scanning. true or false
Answer:
true
Explanation:
it can actually be attached to the portfolio without scanning
please HELP What is another word for argumentative essays?
Question 3 options:
Persuasive essay
Narrative essay
Descriptive essay
Analysis essay
Answer:
A. Persuasive essay
Explanation:
In an argumentative essay, you are trying to convince your readers using facts and things to say why your claim is right...so basically you're persuading them.
what is the result of organizing function and staffing function?
Answer:
is the basic function of management. It deals with chalking out a future course of action & deciding in advance the most appropriate course of actions for achievement of pre-determined goals
An organization that is whole and made up of unified pieces that work together harmoniously to carry out duties and achieve goals effectively and efficiently is the outcome of the organizing process.
What is the importance of Staffing?The evolution of all different kinds of organizations has emphasized the importance of staffing. A good personnel strategy may boost productivity and cut operating expenses by lowering turnover and transition costs, as more and more businesses have come to realize.
Thus, The organizational function typically subordinates to the staffing function. All five aspects of management—planning, organizing, directing, coordinating, and controlling—are dependent on the team members that the staffing function makes accessible.
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Which of the following is a Web 2.0 technology?
a.
A flame
b.
A wiki
c.
A cookie
d.
A database
Answer:
flame is now new in tech world..
Web 2.0-based websites serve as the foundation for the Wiki. There are other possibilities besides Web 2.0 technologies.
What is Web 2.0 technology?
Websites and applications that leverage user-generated content for end users are referred to as using “Web 2.0” technology.
Among the many examples of Web 2.0 are hosted services, video-sharing websites, blogs, social networking, content hosting services, microblogging, wikis, Web apps, and podcasting.
As a result, option (b) is accurate.
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For the current year, Bubbles Office Supply had earned $600 of interest on investments. As of December 31, none of this interest had been received or recorded. Demonstrate the required half of the adjusting entry by choosing the correct statement below:
a. Credit Interest receivable for $600.
b. Debit Interest revenue for $600.
c. Debit Cash for $600.
d. Debit Interest receivable for $600.'
Answer:debit interest receivable for 600
Explanation:
Please answer and give a brief explanation I need help on this
What you think you can learn from the course acc 122 to help you in your daily life?
Answer:This course continues the application of accounting principles to business organizations. ... financial analysis, budgeting, cost and managerial accounting.
Explanation:
