Out of the over $550 million in loans granted to low-income persons or those without access to traditional banking services, the average loan amount made by the kiva microfinance services organization was around $416.62.
Microfinance is the umbrella term for the variety of financial products that microfinance institutions (MFIs) provide to their clients, including microloans, microfinance, and microinsurance products. When social entrepreneurs started offering sizeable loans to the working poor in the 1970s, microfinance was born.
One person whose efforts to microfinance have made him well-known on a global scale is Professor Muhammad Yunus, who shared the 2006 Nobel Peace Prize with Grameen Bank. Yunas and Grameen Bank have shown that those in poverty are capable of doing so. Yunus also showed that, when correctly designed, loans given to the working poor had relatively good repayment rates. Profit-driven businessmen and social engineers were drawn to his work.
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Qt incorporated uses the accrual basis of accounting. Qt purchases a piece of equipment on july 1 of the current year for $40,000. If the company expects to use the equipment consistently for four years, how much depreciation expense will qt record in its december 31 financial statements?.
$5,000 depreciation expense will qt record in its december 31 financial statements
Financial statements are documents that describe a company's operations and financial performance. Government organizations, accounting companies, etc. frequently audit financial statements to guarantee accuracy and for tax, financing, or investing purposes. Financial statements are official records of a person, business, or other entity's financial situation and actions. An easy-to-understand format is used to provide pertinent financial data in a systematic manner. For large firms, these statements could be complicated and contain a substantial number of management discussion and analysis notes as well as the financial statements' extensive footnotes. Each line item on the balance sheet, income statement, and cash flow statement is often further explained in the notes.
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Explain scarcity, oppotunity cost and trade offs
Answer:
Scarcity as an economic concept "refers to the basic fact of life that there exists only a finite amount of human and nonhuman resources which the best technical knowledge is capable of using to produce only limited maximum amounts of each economic good." the opportunity cost of a particular activity is the value or benefit given up by engaging in that activity, relative to engaging in an alternative activity. More simply, it means if you chose one activity you are giving up the opportunity to do a different option.trade-off is a situational decision that involves diminishing or losing one quality, quantity, or property of a set or design in return for gains in other aspects. In simple terms, a tradeoff is where one thing increases, and another must decrease.Explanation:
A type of bond that allows the bond issuer to retain the privilege of redeeming it at a pre-specified price at some time prior to its normal maturity date.
Answer: Callable Bond
Explanation:
Within the written agreement between the issuer and creditor, known as the indenture there are terms that lay out important provisions such as basic terms, repayment arrangements, protective covenants, and call provisions. The call provision allows the issuer the right to repurchase or "call" part or the entire bond issue at a stated price over a specific time period.
In order to have more efficient supply chains, when the world becomes your market, what term has been used to describe how intermediaries are often critical to facilitate effective commerce?.
In order to have more efficient supply chains, when the world becomes your market, Distribution channel is used to describe how intermediaries are often critical to facilitate effective commerce.
The wisest utilization of resources to guarantee the best outcomes is referred to as the distribution channel. Therefore, if all processes are correctly optimized, businesses can operate at their peak effectiveness and thereby boost their bottom line.
But accomplishing this is difficult since it requires examining each and every step in the process and identifying flaws. Then, these flaws can be fixed and reposition to improve their effectiveness and price.
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a beer manufacturer noticed that the cost of hops increased four times in the last year. a description of this would be found in the blank section of the swot analysis.
A beer manufacturer has noticed that the cost of hops has increased four times in the last year. A description of this would be found in the threats section of the SWOT analysis.
What is SWOT analysis?SWOT analysis is a technique used in strategic planning and strategic management to help a person or organization identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning. Situational analysis or situational assessment are two other names for it.
A SWOT analysis is a framework for determining and evaluating an organization's strengths, weaknesses, opportunities, and threats. The acronym SWOT is made up of these words. The main objective of a SWOT analysis is to raise awareness of the elements that influence business decisions or the formulation of business strategies.
It is a tool for recording your company's internal strengths (S) and weaknesses (W), as well as external opportunities (O) and threats (T). In order to help you reach your objectives, you can use this information in your business planning.
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In reconciling the balance of cash in the bank account with the balance of cash per the company’s records, differences in the two balances are due to either timing differences or errors. True or false?.
It is True that in reconciling the balance of cash in the bank account with the balance of cash per the company’s records, differences in the two balances are due to either timing differences or errors .
How can the accidental errors are made in accounting Company 's record ?
In accounting, there are numerous distinct kinds of mistakes. Most unintended mistakes in accounting occur when journal entries are being recorded.
Small accounting mistakes might not have an impact on the financial statements' final numbers. Or they might seriously skew the total numbers. Finding and fixing this kind of issue takes a lot of time and effort.
Every small business should be aware of the most frequent types of accounting problems so that it will be simpler to identify and repair them because they can interrupt your operation.
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a resource is valuable and rare but neither difficult to imitate nor without substitutes. this should enable the firm to attain group of answer choices a sustainable competitive advantage. no competitive advantage. competitive parity. a temporary competitive advantage.
If a resource or capability is valuable and scarce, but not prohibitively expensive to copy, utilising it will provide a corporation with a long-term competitive advantage.
What makes a resource difficult to replicate?Certain resources may and are protected by different legal measures, such as trademarks, patents, and copyrights, making it difficult for competitors to reproduce them. Other resources are difficult to replicate since they grow over time and represent unique elements of the company.
If it is difficult for another business to acquire or replace anything else in its place, a resource is inimitable and non-substitutable. A valued and scarce resource or capability will provide a competitive advantage as long as competing enterprises do not acquire it later.
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The absorption cost approach provides for the absorption of all manufacturing costs, fixed and variable, into units of product. True or false?.
The absorption cost approach provides for the absorption of all manufacturing costs, fixed and variable, into units of product is a true statement.
What is absorption cost approach?
Absorption costing or absorption cost approach is often called as “full costing.
It is a method of managerial accounting for capturing all costs which are associated with manufacturing of a particular product.
The "direct" and "indirect" costs, such as insurance,direct labor,direct materials, rent etc are accounted for using this method.
Absorption costing is required by GAAP or Generally Accepted Accounting Principles for external reporting.
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Workplace situation
You must inform a customer that the size of shirt she needs is out of stock until next week.
Instead of Saying...
"We don't have the shirt in your size."
Try Saying…
Currently we have a limited stock left due to high demands and the shipments are delayed so the size you require in this shirt will be available in the next week.
Who is a Customer?A customer is a buyer of the goods and or services provided or sold by a company. The company sells its goods and or services at a rate to the customer where the customer agrees the price and buy the product.
In the workplace situation it is important to be polite, gentle and straight forward to the customer. As the customer is king and should be treated well.
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The direct materials required to manufacture each unit of product are listed on a ________. multiple choice
a. bill of materials
b. materials requisition
c. materials ticket
d. job order cost sheet
Answer: A
Explanation:
Maquiladoras are foreign-owned manufacturing plants allowed to operate in mexico with special privileges in return for employing mexican citizens. True or false?.
Maquiladoras are foreign-owned manufacturing plants allowed to operate in mexico with special privileges in return for employing mexican citizens is a true statement.
What is a Maquiladora?
Maquiladora refers to a manufacturing plant or a factory in Mexico. These corporations are approved by the Secretariat of Commerce and Industrial Development of the country for operation under a decree which is established in 1989. They are owned by foreign entities.
Maquiladora was first developed in 1960s as to encourage foreign investment and also to address unemployment.
They are usually operated near the U.S.-Mexico border.
Companies that are operated under maquiladora model can take the advantage of innumerable benefits.
The products manufactured are normally exported to the Mexican border or beyond.
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An increase in the perceived riskiness of investments would cause a movement up along the supply curve. True or false?.
An increase in the perceived riskiness of investments would cause a movement up along the supply curve false.
The supply curve in economics is a visual representation of the connection between the cost of an item and the quantity that a seller is willing and able to produce. The vertical axis of the graph reflects product pricing, while the horizontal axis represents supply quantity.
The supply curve shows how the cost of a good or service relates to how much is provided over a certain length of time. In a typical situation, the price will be displayed on the left vertical axis and the quantity delivered will be displayed on the horizontal axis.
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abc automobiles include remote self-parking assist. this autonomous system allows cars to park themselves even when the owner is not inside the car. this service differentiates abc from other automobile manufacturers that do not offer this feature. this is an example of a(n)
abc automobiles include remote self-parking assist. this autonomous system allows cars to park themselves even when the owner is not inside the car. this service differentiates abc from other automobile manufacturers that do not offer this feature. this is an example of a(n) order winner
How do products succeed in the marketplace and get sales?Price, delivery dependability, delivery speed, quality conformance, demand growth, product range, design, distribution, design leadership, being an existing supplier, marketing and sales, brand name, technical liaison and support, and after-sales support are among the 14 characteristics of order-winners and qualifiers.
Product dependability and quality were order qualifying factors at Walmart. They provided high-quality goods and services that were always in stock, making them dependable. Walmart, however, provided inexpensive goods as order winners in order to acquire a competitive edge.
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List and compare the four components of the expenditure approach to calculating GDP
There are four foremost mixture costs that go into calculating GDP: consumption through families, investment by means of businesses, authorities spending on goods and services, and internet exports, which might be equal to exports minus imports of products and services.
The 4 additives of GDP are intake (spending by using households), funding (spending by using groups), authorities spending, and net exports (total exports minus general imports).
Economists divide the spending on an economic system's goods and services into 4 components: consumption, funding, authorities Purchases, and internet Exports.
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what is the best definition of the business environment? the rivals for a business's customers or resources the increasing interconnectedness of economies around the world the arena of forces that encourage or discourage the development of business
The arena of forces that encourage or discourage the development of businessis the best example of business environment.
The word "business environment" refers to the totality of all people, organizations, and other forces that are outside the power of an industry but can influence production. Understanding the business environment helps organizations create realistic plans and implement them effectively. It also helps businesses identify opportunities and threats. This business segment operates in three business environments: micro, market and macro. The owners of this sector have some control over the three business environments. A thorough examination of your business environment will ensure you have useful resources your business needs. It helps businesses track these resources and turn them into goods and services. The word "business environment" refers to the totality of all people, organizations, and other forces that are outside the power of an industry but can influence production. Understanding the business environment helps organizations create realistic plans and implement them effectively. It also helps businesses identify opportunities and threats. This business segment operates in three business environments: micro, market and macro. The owners of this sector have some control over the three business environments.
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How can Joseph’s increased debt affect the rest of his life?
Alex and Bailey run a dog wash and spa service. They have to purchase basic, low-cost work supplies on a regular basis. They budget a specific amount of money to buy these goods each month. Which type of credit would be most
helpful and least risky for them?
O Installment credia
O Secured credit card
mous Question
O Service credit
O Bank loan
The type of credit that would be most helpful and least risky to Alex and Bailey is Secured credit card.
What can a secured credit card do?A secured credit card is backed by some assets of the company that acquires it.
It allows for regular purchases like Alex and Baily and because it is secured, it is not very risky and has a low interest rate that can be paid of every month.
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In 2018, country a exported $84.9 billion and imported products valued at $74.69 billion. the difference between the dollar value of its exports and imports represents a:__________
The difference between the dollar value of its exports and imports represents a trade surplus.
What is a trade surplus?
A trade surplus is when the dollar value of the goods exported is greater than the dollar value of the goods exported. When the value of export is greater than the value of import, the next export value is positive.
Surplus = export - import
$84.9 - 74.69 = $10.21 billion
Export comprises of goods and services produced in the US that are been sold to foreign countries. Import comprises of foreign produced goods and services that are been sold in the US
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assume that kubin company produced 17,000 units and expects to sell 16,740 of them. if a new customer unexpectedly emerges and expresses interest in buying the 260 extra units that have been produced by the company and that would otherwise remain unsold, what is the incremental manufacturing cost per unit incurred to sell these units to the customer?
Calculate the cost difference between producing one unit and the cost of producing two of them:
Direct materials $1976
Direct labour $1196
Variable manufacturing overhead $546
Fixed manufacturing overhead $1456
Total cost for 260 units $5174
Incremental cost per unit $19.9
The incremental cost is the total cost of producing additional units of the product. Incremental costs are calculated by adding additional costs associated with the production process such as B. Raw materials are analyzed for additional production units.
Incremental costs are additional costs incurred when a firm produces additional units of production. Additional costs include related costs that change only in accordance with the decision to produce additional units. The total amount of goods produced must be within the same period in which the costs were incurred.
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In choosing among alternatives to qualify a solution, a person is focusing on ______ if he or she considers such things as ethical implications, personal values, profits, and/or company reputation
In choosing among alternatives to qualify a solution, a person is focusing on selection criteria if he or she considers such things as ethical implications, personal values, profits, and/or company reputation.
The selection criteria are the essential education, preparation, skills, and experience that a candidate must possess in order to do a job successfully. They also include personal qualities, knowledge, and talents. To be considered for a post, you must satisfy the requirements like personal values. Key selection criteria may be found in every Position Description and include the abilities, personal values, characteristics, know-how, and credentials that the employer has identified as necessary to fulfill the job's needs. Selection criteria come in many different forms, including text, path, relation, metric value, and normal criteria.
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An example of a country in which perceived organizational support is not as important because of high power-distance would be ________.
Example of a country in which perceived organizational support is not as important because of high power-distance would be China.
Human rights were violated by China
Coercive population control techniques, forced labour, arbitrary incarceration in internment camps, torture, physical and sexual assault, mass surveillance, family dissolution, and suppression of cultural and religious expression are only a few examples of human rights violations that have been documented.
China said on Monday that it would end its two-child policy, which had failed to increase the nation's dropping birthrates and prevent a demographic disaster, and allow all married couples to have three children.
Abortion is permitted in China?
In China, abortion is largely available and legal. Abortions that are not medically necessary after 14 weeks of pregnancy are not permitted in Jiangxi, but elective abortions are permitted in the majority of China. Regulations differ depending on the laws of the province.
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Debts owed by a business are referred to as? a.expenses b.stockholders' equity c.accounts receivables and.liabilities
Debts owed by a business are referred to as accounts receivables. Hence, Option C is correct.
What are Debts?In economics or in the context of business, debt is an amount of money that is owned by somebody. It is the opposite of a creditor. The one who gives the money to someone is the creditor, and the one who borrows the money is the debtor.
In other terms, it can be described as debt, which is a kind of financial liability or obligation. This is the kind of application where the person can be an adaptor to the creditor.
In terms of debt, it is the thing that is owned by a business and is referred to somewhere in the accounts receivable.
Therefore, Option C is correct.
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Tam is good at drawing conclusions from given information. thus, tam is good at ________ reasoning.
Tam is good at drawing the conclusions from given information. thus, tam is good at deductive reasoning and Lan is good at inductive reasoning.
What are deductive reasoning and inductive reasoning?Deductive Reasoning:
Deduction is generally defined as "deriving of a conclusion by the reasoning." Its specific meaning in logic is "inference in which, conclusion about particulars follows necessarily from general or universal premises." Simply put, deduction—or process of deducing—is formation of a conclusion based on generally accepted statements or facts.
It occurs when you are planning out trips, for the instance. Say you have a 10 o'clock appointment with dentist and you know that it takes 30 minutes to drive from your house to the dentist's. From those two facts, you deduce that you will have to leave your house at 9:30, at latest, to be at the dentist's on time.
Inductive Reasoning:
Whereas, in deduction truth of the conclusion is guaranteed by the truth of the statements or facts considered (the hot dog is served in a split roll and a split roll with a filling in middle is a sandwich), induction is a method of reasoning involving an element of probability. In logic, the induction refers specifically to "inference of a generalized conclusion from particular instances."
In the other words, it means forming a generalization based on what is known or observed. For example, at lunch you observe 4 of your 6 coworkers ordering same sandwich. From your observation, you then induce that sandwich is probably good—and you decide to try it yourself. Induction is at play here since your reasoning is based on an observation of a small group, as opposed to the universal premises.
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What ancient people used hieroglyphics to record important economic, administrative, and royal information? question 8 options: egyptians sumerians israelites persians
The ancient people used hieroglyphics to record important economic, administrative, and royal information is Egyptians.
Egyptian Hieroglyphics was the formal writing system used to write the Egyptian language in ancient Egypt. Hieroglyphs are about 1,000 different characters that combine elements of logos, syllables, and the alphabet. Italic hieroglyphs were used in religious literature on papyrus and wood.
The word hieroglyph literally means sacred carving. The Egyptians initially used hieroglyphs only for inscriptions carved or painted on the walls of temples. This form of the paintbrush was also used on tombs, papyrus sheets, stucco-covered wooden boards, pottery fragments, and limestone fragments.
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The department of justice charged almost 50 people with a scheme to defraud the government for $250 million meant to go to __________________________________.
The Department of Justice charged almost 50 people with a scheme to defraud the government for $250 million meant to go to Child Nutrition Program
50 Defendants have been charged with federal crimes in connection with the $250 million Feeding Our Future fraud scheme, which involved the Minnesota nonprofit Feeding Our Future and over 200 meal sites. the nation's largest COVID-19 fraud scheme was carried out
Attorney General Merrick B. Garland stated, "These indictments, alleging the biggest pandemic relief fraud scheme filed to date, highlight the Department of Justice's continuing commitment to combatting pandemic fraud and holding those responsible for it accountable."
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if you are to choose among the modern theory in management,what particular theory or combination of theories will you apply as a student
The Systems approach is the contemporary theory that I would employ as a student:
Quantitative, contingent, and systems approaches make up the three main categories of contemporary management theory. These strategies aid in achieving business goals and inspiring staff members.By establishing goals that would result in the accomplishment of organizational objectives, the systems approach is pursued. As a result, it can also be used in a student's life. One can create goals using this strategy and work hard to achieve them.It helps one become more self-assured and motivated to succeed. We can split the ultimate objective by defining goals in the same way that it is done in an organization by breaking the objective down into many components.For instance, if I want to hold a rank, I must study and give each subject the same amount of priority. I can split up my entire day to study several subjects for this. I can learn all the subjects and do well if I do it this way.
Consider scientific management, also referred to as Taylorism, which is likely the most well-established management theory ever. It implies that a manager's responsibility is to boost a production system's efficiency.
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If workers in china and india become as productive as u. S. Workers, what adjustments will allow the united states to regain its competitiveness?.
Competitiveness is the characteristic or ability of an organization to achieve its mission more successfully than the offerings of competing organizations.
Beyond parties, governments, and ideologies, if there is a truism in the US foreign policy community, it is that in order for America to be strong abroad, it must be strong at home. Hawks and pigeons, isolationists, and neoconservatives agree that a key pillar of US power lies in the middle class. Its dynamism, productivity, political and economic participation, and, most importantly, an attractive promise of progress and opportunities for the rest of the population. world world.
Yet, after her 30 years of US dominance on the world stage, the US middle class is in turmoil. The economic challenges posed by globalization, technological change, financial imbalances, and fiscal pressures are largely unresolved. And that was before the coronavirus plunged the country into its worst economic crisis since the Great Depression, exposing deep injustices in American society, boiling over long-running escalating tensions over racial injustice, and pushing the U.S. caused the level of social unrest that the It hasn't been seen since the height of the civil rights movement.
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What are two examples of how Josie, a business owner, can help support her community and their local events?
A. Through volunteerism and sponsorship
B. Through online reviews and creativity
C. Through free marketing and word-of-mouth
D. Through managing expectations and conflict resolution
Two examples of how Josie, a business owner, can help support her community and their local events are A) Through volunteerism and sponsorship.
What are volunteerism and sponsorship?Volunteerism and sponsorship are two examples of how a business owner can support their community and local events.
Volunteerism can take any of the following forms:
Actively seeking volunteer opportunities in the communityParticipation in community projects, like reforestation and cleaning up beachesCommitting to providing assistance and sustaining the commitments.The benefits that accrue from volunteerism include:
Making a differenceMeeting peopleBeing part of a communityLearning new skillsGaining self-confidenceTaking on different challenges.Sponsorship involves providing support, physical, moral, financial, and otherwise, to ensure the successful completion of the projects of a community or organization.
Thus, two examples of how Josie, a business owner, can help support her community and their local events are A) Through volunteerism and sponsorship.
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An increase in prices of inputs will cause a ____________change in prices with an elastic demand as opposed to an inelastic demand. The change in input prices will cause a ___change in quantity if demand is elastic as opposed to an inelastic demand.
An increase in prices of inputs will cause a relatively small increase change in prices with an elastic demand as opposed to an inelastic demand. The change in input prices will cause a relatively small drop change in quantity if demand is elastic as opposed to an inelastic demand.
The lowest price at which a company may sell a product while still making a profit is determined by the input prices. The cost of making the product is reflected in this pricing. To create an output while producing an item or service that is in demand, a process must be applied to the inputs. The prices of the things that a company pays for in order to make its goods are referred to as input prices. All costs involved in producing the in-demand product are added together to get the total input cost. The input price is calculated by dividing the output quantity by the unit price.
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despite their differences, with which proposition are two economists chosen at random most likely to agree? minimum wage laws do more to harm low-skilled workers than help them. tariffs and import quotas generally reduce economic welfare. lawyers make up an excessive percentage of elected officials.
Tariffs and import quotas generally reduce economic welfare proposition are two economists chosen at random most likely to agree.
What's profitable weal?Welfare economics is a branch of economics that uses microeconomic ways to estimate well- being( weal) at the total( frugality-wide) position.Trying to apply the principles of weal economics gives rise to the field of public economics, the study of how government might intermediate to ameliorate social weal.What's the profitable weal of a society?Profitable weal is profitable good expressed in terms of the sum of consumer and patron fat – also known as community fat. Consumer fat exists whenever the price a consumer would be willing to pay in terms of their anticipated private benefit is lesser than they actually pay.Learn more about economic welfare here:
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