ng transactions. january 1 issue 10,000 shares of common stock in exchange for $33,000 in cash. january 5 purchase land for $19,500. a note payable is signed for the full amount. january 9 purchase storage container equipment for $8,100 cash. january 12 hire three employees for $2,100 per month. january 18 receive cash of $12,100 in rental fees for the current month. january 23 purchase office supplies for $2,100 on account. january 31 pay employees $6,300 for the first month's salaries.

Answers

Answer 1

A economic transaction is an agreement, or A financial transaction is an agreement, or communication, among a client and supplier to change gadgets, offerings, or property for payment. Any transaction involves a exchange within the fame of the budget of two or more businesses or people.

cash

substances

land

system

payments Payable 2,100

Notes Payable 19,500

not unusual stock 33,000

provider revenue 12,one hundred

Salaries price 6,three hundred

sixty six.700 66.700.

A mortgage is an excellent instance of a simply monetary transaction. The borrower requests a sure sum of money to make a large motive, as an example a car. The lender can pay out a lump sum. Over months or years, the borrower returns the money with hobby.

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Related Questions

Corita is a salesperson with maryland’s best realty and is slammed with clients right now; so much so that she wants another agent with her firm, spencer, to handle listing corita’s own home. What does spencer need to make sure to do?

Answers

Spencer needs to make sure to disclose that he and Corita work together at the same firm.

Widely speaking, the definition of a 'company' in the subject of economics is any business enterprise that seeks to make earnings through production or selling services or products – or each – to customers. As an instance, one of the most common uses of this term is for 'regulation companies,' which normally promote offerings in relation to the regulation.

A firm is an enterprise that seeks to make earnings through the sale of goods and services. The term company is synonymous with commercial enterprise or agency. Corporations can perform below several distinctive systems, along with sole proprietorships and groups.

Examples of firms are a sole proprietorship, partnership, restricted legal responsibility organization, or organization. The time period is barely greater than generally associated with a partnership.

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If the price in the market were 10 cents per orange, what would be the quantity supplied and the quantity demanded? again, compare the two numbers and predict what might happen.

Answers

If the price is 10 cents, the quantity demanded would be 8000 and the quantity supplied is 2000. There is most likely going to be a shortage.

What is the quantity supplied and the quantity demanded?

The quantity demanded is the total number of a goods or services that would be bought at a given price. According to economic theory, there is a negative relationship between price and quantity demanded.

The quantity supplied is the total number of a goods or services that would be sold at a given price.  According to economic theory, there is a positive  relationship between price and quantity supplied.

When the price of a good is below the equilibrium price, there would be a shortage. A shortage is when the quantity demanded exceeds the quantity supplied. When price is below equilibrium price, the quantity demanded would increase and the quantity supplied would decline.

The equilibrium price is 50 cents because this is the price at which quantity supplied is equal to the quantity demanded. 10 cents is below the equilibrium price, thus there would be a shortage.

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your business plan calls for sales of $45,000 in year 1 with compound growth of 30% per year thereafter. what are your projected sales for year 10? the formula for compound growth is e

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Given that your business plan calls for sales of $ 45,000 in year 1 with compound growth of 30% per year thereafter, to determine what your projected sales for year 10 are, the following calculation must be performed:

45,000 x 1.30 ^ 10 = X. 45,000 x 13.78 = X. 620,363.21 = X.

What are sales?

A sale involves two or more parties and involves the exchange of goods or services for money or other assets. A contract between a buyer and a seller that specifies the price of a security and its delivery in exchange for a predetermined payment is referred to as a sale in the financial markets.

By definition, "sales" refers to all operations carried out in order to promote a product or service to a consumer or business. But in reality, it means so much more. Finding prospects, cultivating client relationships, and providing clients with solutions are all steps in the lengthy process of closing a deal successfully.

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Suppose the u. S. Treasury offers to sell you a bond for $3,000. No payments will be made until the bond matures 10 years from now, at which time it will be redeemed for $5,600. What interest rate would you earn if you bought this bond at the offer price?.

Answers

The interest rate is 6.44%

A = P(1+r)^t

Where;

A = final value of bond

P = Initial value of bond

t = time of investment

r = yearly interest rate.

Making r the subject of formula.

(1+r)^t = A/P

1+r = (A/P)^(1/t)

r = (A/P)^(1/t) - 1 ............1

Given,

A = $5600

P = $3000

t = 10 years

Substituting the values, we have.

r = (5600/3000)^(1/10) - 1

r = 0.0644

r = 6.44%

The interest rate is 6.44%

Interest rate is the value, rate, price or profit given to investors from the use of investment funds on the basis of calculating economic value within a certain period of time. Bank interest rates are used to control the economy of a country. The interest rate is regulated and determined by the government which aims to maintain the continuity of a country's economy. This interest rate is important to take into account because the average investor always expects a larger investment return.

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Awards, news releases, and promotions are just some of the ways that organizations reward employee contributions. such employee recognition is known as a rite of?

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Awards, news releases, and promotions are just some of the ways that organizations reward employee contributions. Such employee recognition is known as a rite of enhancement.

The rite of enhancement refers to the practice of recognizing and rewarding the contributions of employees. These may be in the form of awards, new releases, or promotions. They are bestowed on employees who performed exceptionally well or who exemplified the values of the organization.

This is a way of recognizing out a ‘model’ employee that the other employees can emulate. It is a strategy to encourage consistent performance from the achiever, and also to motivate the others to perform in a like manner.

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You're on the project selection committee. you're reviewing a document that describes the strategic value of a potential project and its benefits to the company. what's this document called:__________

Answers

Answer:

dynamic document or presentation document

Explanation:

it details your company's present situation

Renzo wants to buy a cell phone that is within his budget. The sales person cannot lower the price of a chosen cell phone any further. What turn of events display the win-win strategy of negotiation in this case?


A. Renzo agrees to pay the quoted cell phone price and the sales person achieves the sales target.

B. Renzo agrees to pay the given cell phone price, and the sales person too provides a cell phone cover and an earphone for free.

C. Renzo walks out without purchasing the cell phone when the sales person still doesn’t relent.

D. Renzo purchases another cell phone of a lower price from the same store

Answers

It is advisable for Renzo for agreeing to pay the given cell phone price, and the sales person to provide a cell phone cover and an earphone for free in order to display an event of win-win strategy of negotiation. Therefore, the option B holds true.

What is the significance of win-win strategy?

A win-win strategy, in sales and marketing terms, can be referred to or considered as the strategy wherein the customer also gets what he wants at the desired price and the business is able to achieve a sales.

In the above situation, when the sales person gives a case and an earphone for free along with the phone, the customer feels that it will not require him to spend more on them and will buy the product.

Therefore, the option B holds true and states regarding the significance of win-win strategy.

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Which consumer group tends to show more brand loyalty and make shopping a family event, with children having a big say in the purchase decision?

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Hispanic Americans consumer group tends to show more brand loyalty and make shopping a family event, with children having a big say in the purchase decision.

Brand loyalty results in low-effort decisions as there are some consumers who simply buy the products of the same brand all the time. However, there is a high involvement with the brand. Such as the Hispanic Americans consumer group which tends to show more brand loyalty.

Hispanic American consumers are more likely to engage in unique shopping activities. They also tend to shopping a family event, where the children having a big say in their various products purchase decisions.

Hence, Hispanic Americans show brand loyalty by repeating purchases of a particular brand based on the perception of higher quality and better service.

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you have spent $1,000 building a hot-dog stand based on estimates of sales of $2,000. the hot-dog stand is nearly completed, but now you estimate total sales to be only $800. you can complete the hot-dog stand for another $300. should you complete the hot-dog stand? (assume that the hot dogs cost you nothing.)

Answers

I have spent $1,000 building a hot-dog stand based on estimates of sales of $2,000. the hot-dog stand is nearly completed, but now you estimate total sales to be only $800. you can complete the hot-dog stand for another $300. should you complete the hot-dog stand? yes

What does the term "hotdog" mean?

A company that sells hot dogs, typically from an outside counter, is called a hot dog stand. A hot dog stand might be found on a busy street, close to a stadium, within a mall, or at a fair. Major American cities' streets frequently contain them.

Is a hot dog stand successful?

Like a retail establishment, location is crucial for hot dog carts because their revenue is primarily dependent on foot traffic. Having said that, a hot dog stand can be highly successful. A recent ABC News piece claimed that a year-round hot dog vendor might make six figures of income.

How much money do NYC hot dog stands make?

Owners of hot dog stands make an annual profit of roughly $100,000 (R1. 34 million) thanks to heavy foot traffic, extended hours, and the low cost of producing a hot dog. New York City hot dog stand.

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Project irr. A firm evaluates all of its projects by applying the irr rule. The required rate of return is 14 percent. What is the irr of a project that requires an investment today of $158,500 and has an expected cash flow in one year of $175,000?.

Answers

The investment should be rejected since the needed rate of return the opportunity cost offered on equal investments is 14% and the IRR is not competitive with other equivalent investments.

Define IRR.

An approach to figuring out the rate of return on an investment is to use the internal rate of return (IRR). The phrase "internal" alludes to the calculation's exclusion of outside variables such the risk-free rate, inflation, the cost of capital, or financial risk.

Ex-ante or ex-post application of the approach is possible. The IRR, when used ex ante, is a projection of a potential annual rate of return. When used ex-post, it calculates the real investment return of a prior investment. Other names for it include yield rate and discounted cash flow rate of return.

The "annualized effective compounded return rate" or rate of return that sets the net present value of all cash flows (both positive and negative) from the investment equal to zero is the internal rate of return on an investment or project.

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Since the opportunity cost offered on comparable investments is 14% and the IRR is not competitive with other comparable investments, the investment should be declined.

What Is Internal Rate of Return (IRR)?In financial analysis, the internal rate of return (IRR) is a statistic used to calculate the profitability of possible investments. IRR is a discount rate that, in a discounted cash flow analysis, reduces all cash flows' net present values (NPV) to zero. The predicted yearly rate of growth from an investment is known as the internal rate of return (IRR). net present value (NPV) is determined, IRR does so by setting NPV to zero. Identifying the rate of discount is the IRR's ultimate objective.

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on january 1, linden has total assets of $100,000, total liabilities of $30,000, and total stockholders' equity of $70,000. linden purchases $20,000 of supplies on account, and $2,000 of prepaid rent for cash. after these transactions, total assets equal

Answers

Linden purchases $20,000 of inventory in the account and $2,000 of prepaid rent in cash. After these transactions, total assets will be $120,000.

$100,000 + $20,000 inventory + $2,000 prepaid rent - $2,000 cash = $120,000 total assets.

In financial accounting, an asset is a resource owned or controlled by a firm or economic entity. It is anything that can be used to create positive economic value. An asset represents the value of an asset that can be converted into cash.

An asset is a resource of economic value owned or controlled by an individual, firm, or country with the expectation of future profit. Assets are reported on the company's balance sheet. They are classified as short-term, fixed, financial, and intangible.

's assets include physical items such as machinery, property, raw materials, and inventory, and intangible items such as patents, royalties, and other intellectual property.

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molly is a real estate agent for coldwell banker. whenever she works with a client, she focuses on obtaining leads for prospective clients who are friends or families of her current client. molly is acting in her capacity as a(n) .

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Molly is acting in her capacity as a(n) appraiser whenever she works with a client, she focuses on obtaining leads for prospective clients who are friends or families of her current client.

What is an appraiser's function?

An appraiser is a person who assesses and assigns value to goods, machinery, intellectual property, real estate, or business entities using their analytical abilities.

A home appraiser's responsibility is to evaluate your house's state and offer a professional assessment of its projected market worth. They look assess things like the state of a house, similar previous transactions, and any unique qualities that could affect the property's worth.

A property's estimated worth at a certain period is known as its assessed value. A qualified appraiser performs the evaluation during the mortgage origination procedure.

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Valerie has been asked to write copy for the new client pitch her team is presenting next week that is designed to sell a new service her company is offering. She was asked to take on this task because she excels as a what?

Answers

Answer:

c public relations specialist

Explanation:

what types of success metrics, kpis, kris, benchmarks, end-state goals, or enterprise level analytics platform features constitute as potential high priority factors when determining which platform to purchase and integrate?

Answers

Besides, the 4 KPIs that constantly come out of these workshops are:

purchaser delight, internal system extremely good, worker pleasure, and financial overall performance Index.

KPIs or Key overall performance signs are the metrics with the aid of the use of which you gauge enterprise-crucial initiatives, targets, or dreams. The operative word in the phrase is “key,” which means they have particular or massive meanings. KPIs act as measurable benchmarks in the direction of described goals.

Key universal performance indicators, or KPIs, are a pertinent part of measuring the successes and failures of your business business enterprise. additionally known as a flash document or dashboard, a KPI permits business organisation owners and bosses to get an define of the way their business enterprise or character departments is acting at any given time.

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"the shares of a ▼ corporation are traded on an exchange​ (or "over the​ counter" in an electronic trading​ system) while the shares of a ▼ private public corporation are not traded on a public exchange"

Answers

Unlike shares of private corporations, which are not traded on a public market, shares of public corporations are exchanged on an exchange ok (or "over the counter" in an electronic trading system).

The shares of a private corporation are not traded on a public exchange; instead, they are traded "over the counter" in an electronic trading system.

What is the difference between a Public and Private corporation ?

Typically, the founders, management, or a group of individual investors own a private firm.A company is said to as a public company if it has sold all or a portion of itself to the general public through an IPO.The main advantage of public companies is their ability to access the financial markets and raise capital (cash) for initiatives like expansion and other ones by issuing stock or debt instruments.Unsurprisingly, privately owned companies are just that—privately owned. This suggests that a company's founders, management, or a group of individual investors frequently own it.A public corporation, on the other hand, is one that has made all or a portion of itself available to thegeneral public through an IPO.

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Oh! wow! markets, inc. , rejects a shipment of turkey that does not conform to its contract with poultry processing corporation, but is unable to obtain instructions from the seller. Oh! wow! markets can

Answers

If Oh! wow! markets, Inc. does not obtain instructions from the seller than it can Reship or store the goods for the seller.

What should be done when a purchase is not accepted?

When a company buys something from another company and the purchase does not meet the standards of the company that did the purchasing, they can reach out to the supplier like Oh! wow! markets, Inc. did. They should then wait for a response from the supplier.

If the supplier is not giving a response however, then the appropriate things for companies liked Oh! wow! markets, Inc. to do is to reship the goods to the seller/ supplier. If reshipping is not an option due to logistical challenges or risks, then Oh! wow! markets, Inc. can store the goods in question until such a time as they receive information from the supplier.

In conclusion, Oh! wow! markets, Inc. should reship or store the goods for the seller.

Options for this question are:

Destroy the goods. Cure the goods to conform with the contract. Retain the goods without paying from them. Reship or store the goods for the seller.

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Why is economics important in marketing?

Answers

The economy has a direct impact on the way marketers push their products to consumers. Understanding the connection between marketing and economics can help business owners allocate their marketing resources and respond to changes in the economic climate. Pls mark brainlist!
The economy has a direct impact on the way marketers push their products to consumers.

Wanda has a strong desire to make the world a better place and is concerned with saving the planet. Therefore, she shops local, buys organic foods, and recycles regularly. Which of maslow’s needs do wanda’s actions fulfill?.

Answers

The Maslow's needs to do wanda's actions fulfill her self-esteem as wanda has a strong desire to make the world a better place and is concerned with saving the planet.

A person's behavior is influenced by five kinds of fundamental human wants, according to Maslow's hierarchy of needs, a theory of motivation. Among them are physical needs, safety needs, love and belonging needs, esteem wants, and self-actualization aspirations.

Courage, perseverance, self-belief, social and personal acceptance, and respect from others are all components of self-esteem. One of the critical steps in achieving pleasure or self-actualization is having these goals satisfied. Your sense of self-worth affects all of your decision-making, social relationships, emotional state, and general wellbeing.

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What is the relationship between the standard deviation and the precision of a procedure?.

Answers

It totally depends on the trail and define patterns. However, the quality deviation is directly associated with precision of a procedure where low standard deviations are indicative of a high level of precision. There's not a necessary relation between variance and accuracy except that a high level of accuracy requires low standard deviations.

Precision from variance is the standard deviation is that the root of the variance. Use a calculator to search out the root, and therefore the result's the quality deviation. Report your result. Using this calculation, the precision of the dimensions are often represented by giving the mean, plus or minus the quality deviation. Standard deviation tells you ways detached the information is. it's a measure of how far each observed value is from the mean. In any distribution, about or approx. 95% of values are going to be within 2 standard deviations of the mean.

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customer relationship management software would be most likely to affect which income statement account? multiple choice interest expense selling, general, and administrative expenses (sg

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The Revenue income statement accounts would most likely be impacted by customer relationship management software.

What is Revenue income?The total income derived from the sale of products or services about a business's core operations is referred to as revenue. Because it appears at the top of the income statement, revenue, which is also known as gross sales, is frequently referred to as the "top line." A company's overall earnings or profit are referred to as income or net income. Revenue, which is determined by multiplying the average sales price by the number of units sold, is the money made from regular business operations. The top line (or gross income) formation is what is used to compute net income by subtracting costs. Deals are another name for revenue in the earnings report.

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the cost of your favorite coffee is $6.50 per cup at the coffee shop. the marginal cost of each cup you drink is . the first cup of coffee you drink gives you a marginal benefit of $8. the marginal benefit from the second cup is $6, $4 from the third, $2 from the fourth, and $0 from the fifth. you should drink cups of coffee.

Answers

Your preferred coffee at the coffee shop costs $6.50 a cup. Your marginal cost for each cup is $6.50; Your first cup of coffee has a minimal $8 advantage for you. The marginal benefit of the second cup is $6, the third, $4, the fourth, $2, and the fifth, $0, respectively. You ought to have one cup of coffee.

What is the marginal benefit?The most a consumer will spend on a supplemental commodity or service is what is known as the marginal benefit.The additional enjoyment a customer experiences while purchasing the extra commodity or service is also considered a marginal advantage.As consumption rises, the marginal benefit often declines.Consumer surplus is the term used to describe when a consumer is prepared to pay more than the going rate for an item or service.Some essentials, like medicine, have a marginal advantage that doesn't diminish with time.Businesses may utilise the research they do on marginal benefits to determine the ideal pricing point for every contract.

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Develop Your Business Language
Match the terms listed with the definitions.
11. Process of choosing which needs and wants will be
satisfied.
27

Answers

Answer:

Economic decision making

Explanation:

On December 18, 2020, Stephanie Corporation acquired 100 percent of a Swiss company for 4.003 million Swiss francs (CHF), which is indicative of book and fair value. At the acquisition date, the exchange rate was $1.00 = CHF 1. On December 18, 2020, the book and fair values of the subsidiary’s assets and liabilities were as follows: Cash CHF 803,000 Inventory 1,303,000 Property, plant, and equipment 4,003,000 Notes payable (2,106,000 ) Stephanie prepares consolidated financial statements on December 31, 2020. By that date, the Swiss franc has appreciated to $1.10 = CHF 1. Because of the year-end holidays, no transactions took place prior to consolidation. Determine the translation adjustment to be reported on Stephanie’s December 31, 2020, consolidated balance sheet, assuming that the Swiss franc is the Swiss subsidiary’s functional currency. What is the economic relevance of this translation adjustment? Determine the remeasurement gain or loss to be reported in Stephanie’s 2020 consolidated net income, assuming that the U.S. dollar is the functional currency. What is the economic relevance of this remeasurement gain or loss?

Answers

Answer:

a): Translation adjustment:

Particulars CHF Exchange Rate US ($)

Beginning net assets 4,000,000 1 4,000,000

Ending net assets 4,000,000 1.10 4,400,000

Translation Adjustment   (400,000)

Hence, the translation adjustment is positive. This would increase the shareholder's equity by $400,000. It is not considered a cash flow until Stephanie sells Swiss for CHF 4,000,000, and the sale proceeds are made at the rate of $1.10 per Swiss franc.

(b): Remeasurement gain or loss:

Particulars CHF Exchange Rate US ($)

Beginning net liabilities (1,300,000) 1 (1,300,000)

Ending net liabilities (1,300,000) 1.10 (1,430,000)

Remeasurement Loss   (130,000)

Hence, there is an unrealized loss or remeasurement loss of $130,000. This loss will be realized when the Swiss franc is converted into the US dollar. The amount of gain will be $80,000 ($800,000 x ($1.1-$1)). In case the notes payable are settled by using the US dollar, then there will be a transaction loss of $210,000 ($2,100,000 x ($1.1-$1)).

Explanation:

joshua murphy is planning on studying late into the night for his economics exam. he is contemplating how many coffees to buy tonight. joshua should not buy an additional coffee during the evening if the marginal

Answers

Joshua should keep buying coffee through the evening until the marginal benefit of purchasing one more coffee equals the marginal cost.

What is marginal cost?

The incremental cost of producing more goods or services, also known as the marginal cost in economics, is the change in the overall cost that results from increasing the amount produced. It can refer to a small increase in output of one unit, or it can relate to the rate of change in total cost as output increases by a tiny amount. The marginal cost is the slope of the total cost, or the rate at which it increases with output, and is quantified in dollars per unit as opposed to dollars for the total cost. The difference between average cost, or total cost divided by the quantity of units produced, and marginal cost is the number of units produced.

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Determining the selling price in the global marketplace is an extremely difficult task. Many countries still have rules governing the ________, including those that affect pricing.

Answers

Setting the selling price in a worldwide market is a very challenging undertaking. There are still laws in many nations that control the competitive market, including those that control prices.

More about competitive market:

The area of law known as "competitive law" seeks to preserve or promote market competition by enforcing corporations' anti-competitive behaviour. Both public and private entities are involved in the enforcement of competition law. The phrase "antitrust law" relates to competition law in the US.

It is also known as "anti-monopoly legislation" in China and Russia, and it was formerly referred to as "trade practises law" in the UK and Australia. In the European Union, it is known as both antitrust and competition law.

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which of these sentences de-emphasizes the bad news? although the company cannot reimburse you for tuition costs, you may attend class during work hours. although you can attend class during work hours, the company cannot reimburse you for tuition costs. because we pay only for in-house classes and workshops, you will not receive company funds for tuition costs. because of our educational benefits policy, you may not receive funds for tuition costs.

Answers

The sentences de-emphasizes the bad news, Although the company cannot reimburse you for tuition costs, you may attend class during work hours.

Why does the active voice appeal to business writers more?

Writing in the active voice: Makes the writing more concise and effective by using fewer words; faster-moving narrative is produced, making writing and reading easier and more interesting; improves the sentence's clarity and aids in avoiding grammatical errors.

What are the fundamental components of a paragraph?

An successful paragraph should always have the following four components: unity, coherence, a topic sentence, and adequate development.

Which of the following best describes the three writing process stages?

Pre-writing, drafting, and the final revising stage, which includes editing and proofreading, are the three steps that make up the writing process.

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A firm has net working capital of $400, net fixed assets of $2,146, sales of $5,100, and current liabilities of $710. How many dollars worth of sales are generated from every $1 in total assets

Answers

Total asset turnover = sales [(net working capital + current liabilities) + net fixed assets] = $5,100 [($400 + $710) + $2,146] = 1.57

Every $1 in total assets generates $1.57 in sales.

The total asset turnover ratio evaluates a company's sales in relation to its asset base. The ratio, which is frequently used by outside parties to assess a company's operations, assesses the capacity of an organisation to generate sales effectively. In an ideal world, a business with a high total asset turnover ratio can function with fewer assets than a less effective rival, necessitating less debt and equity to run. A relatively higher return to its stockholders should arise from this.

The formula for total asset turnover is as follows:

Net sales ÷ Total assets = Total asset turnover

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Reasonable in amount means that expenditures cannot be exorbitant even if the amount is motivated by profit. True or false?.

Answers

A reasonable amount means that the expenditures cannot be excessive, even if the amount is motivated by profit. Highway speeding tickets may be deducted if speeding is committed as part of official activity. FALSE.

Expenditures are the total cost of purchasing a product or service. For example, a company purchases an estimated $10 million worth of equipment with five-year service life. This is classified as capital expenditure of $10 million. Not all costs are costs. Some examples of expenses are rent, utilities, and wages.

Expenses generate income and support the day-to-day operations of your business. Capital expenditures are used to increase the long-term value of a company. Cost is not necessarily the same as cost because cost represents a decrease in the value of an asset whereas cost simply represents the acquisition of the asset. Thus, costs are applied at a specific point in time, whereas costs can be incurred over a much longer period of time.

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Suppose the market for desktop computers is in equilibrium. Intel develops a new process for producing computer chips which does not improve performance, but does allow more chips to be produced at a lower cost. What happens to the equilibrium price and quantity?.

Answers

The market for desktop computers is in equilibrium. Intel develops a new process for producing computer chips that do not improve performance but does allow more chips to be produced at a lower cost. So as a result Equillibiriun price falls, and quantity rises.

Equilibrium price, also called market clearing price, is the consumer cost attributed to a product or service for which demand and supply are equal or nearly equal. Manufacturers or sellers can sell units they want to move, and customers have access to units they want to buy.

Economic equilibrium is a situation in which economic forces such as demand and supply are in balance and the values ​​of economic variables do not change without external influences.

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Suppose the u.s. treasury offers to sell you a bond for $3,000. no payments will be made until the bond matures 10 years from now, at which time it will be redeemed for $5,600. what interest rate would you earn if you bought this bond at the offer price?

Answers

The interest rate that would be earned if the bond was bought at this price would be 6.44%

What is a bond?

This is the term that is used to refer to the promise that a borrower would have to make to the person that is lending to pay the required principal when they have gotten a loan as well as the interest on the loan.

Bonds are known to be issued by governments as well as the municipalities. The interest rate tells us the rate from which the bond or amount borrowed would have to be paid back

The solution would be

5600 / 3000 ^ (1/10) - 1

= (5600 / 3000 ^0.1) - 1

= 1.0644 - 1

= 0.0644 x 100

= 6.44%

Hence the interest that would be earned if the bond is bought at the offer price is  6.44%

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