Central banks are responsible for the collection and the replacement of currency from circulation.


A. True

B. False

Answers

Answer 1

Answer:

The correct answer is letter "A": True.

Explanation:

Central banks are the financial institutions in charge of the monetary policy of their country on behalf of the central government. They regulate the money supply and the interest rates to maintain a country's economy the closest to its equilibrium level. In the United States, the central bank is the Federal Reserve (Fed). Central banks also collect and replace the currency in circulation.


Related Questions

Microeconomics and macroeconomics Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics. Microeconomics Macroeconomics The effect of a cigarette tax on the quantity of cigarettes sold The effects of the Internet on the pricing of used cars The government's decision on how much to spend on public projects

Answers

Answer:

Microeconomics   - The effect of a cigarette tax on the quantity of cigarettes sold

Microeconomics   - The effects of the Internet on the pricing of used cars

Macroeconomics  - The government's decision on how much to spend on public  projects

Explanation:

Microeconomics is the study of the economic action of individual economic agent or unit like individuals, household and the firm., it studies individual income, prices, and wages.

Macroeconomics is the study of the economic as a whole, it is the study of aggregates, like aggregate demand, aggregate supply, national income, inflation, population, exchange rate, interest rate, unemployment, e.t.c.

A budget surplus is defined as: A. a shortfall of revenues compared to expenditures. B. a shortfall of expenditures compared to revenue. C. accumulated deficits minus accumulated surpluses. D. accumulated surpluses minus accumulated deficits.

Answers

Answer:

B. a shortfall of expenditures compared to revenue.

Explanation:

A budget surplus -

It is the duration where the receipt or the income is more than the expenditure , is referred to as a budget surplus .

The budget surplus is exactly opposite of the budget deficit , where the expenditure is more than than the income .

For an individual it is referred to as the savings , instead of budget surplus.

The term budget surplus is mainly used for the financial statement of the government .

Hence, from the given options ,

The correct option for budget surplus is B.

Patterson Brothers recently reported an EBITDA of $12.5 million and net income of $2.1 million. It had $2.0 million of interest expense, and its corporate tax rate was 30%. What was its charge for depreciation and amortization? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Do not round intermediate calculations. Round your answer to the nearest dollar, if necessary.

Answers

Answer:

$7,500,000 or $7.5 million

Explanation:

Given that,

EBITDA = $12.5 million

Net income = $2.1 million

Interest expense = $2.0 million

Tax rate = 30%

Earning before tax (EBT):

= Net income ÷ (1 - Tax rate)

= $2,100,000 ÷ (1 - 30%)

= $3,000,000

Earning before interest and tax (EBIT) to target EBT:

= EBT + Interest expense

= $3,000,000 + $2,000,000

= $5,000,000

EBIT = EBIT DA  - Depreciation and amortization

$12,500,000 = $5,000,000 - Depreciation and amortization

Depreciation and amortization = $12,500,000 - $5,000,000

                                                   = $7,500,000 or $7.5 million

Final answer:

To find the charge for depreciation and amortization, subtract EBIT from EBITDA.

Explanation:

To calculate the charge for depreciation and amortization, we need to first calculate EBIT which is Earnings Before Interest and Taxes. EBIT is calculated by adding interest expense and net income, and EBITDA is calculated by adding back the non-cash expenses like depreciation and amortization to EBIT. Therefore, we can calculate depreciation and amortization by subtracting EBIT from EBITDA.

EBIT = Net Income + Interest Expense

EBITDA = EBIT + Depreciation and Amortization

Depreciation and Amortization = EBITDA - EBIT

Given that the EBITDA is $12.5 million and the net income is $2.1 million, we can plug these values into the formula to find the charge for depreciation and amortization:

Depreciation and Amortization = $12.5 million - ($2.1 million + $2.0 million)

Depreciation and Amortization = $8.4 million

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Which of the following conditions is most likely to act as a deterrent for foreign firms willing to do business with former Communist nations of East Europe and central Asia?

a. The high levels of economic development in these countries
b. The signs of instability and growing unrest along with totalitarian tendencies seen in these countries
c. A strong commitment to market-bases economic systems seen in these countries
d. Low returns involned in doin business in these countries

Answers

Answer:

b. The signs of instability and growing unrest along with totalitarian tendencies seen in these countries

Explanation:

When a company invests money in a foreign country, they analize the economy of the country and the political environment, among other factor to be sure that there is stability in the country, the government and the laws so they can feel that their investment is safe. When these conditions are not guaranteed, businesses are less willing to make an investment. According to this, the conditions that are most likely to act as a deterrent for foreign firms willing to do business with former Communist nations of East Europe and central Asia is the signs of instability and growing unrest along with totalitarian tendencies seen in these countries as they feel that there can be changes at any moment that can make them lose money.

All of the following statements regarding management accounting's role in assigning decision-making authority are true except: Multiple Choice
a. Since management accounting information is used for decision-making purposes, historical information is unnecessary.
b. Information from the management accounting system supports decision-making.
c. The syllabus for a college course is a type of report that outlines students' decision-making responsibilities.
d. All members of an organization have some decision-making ability.

Answers

Answer:

All statements are TRUE except Option "A"

Explanation:

Accounting control history is used for policy-making objectives, and historical information is redundant.

Managerial accounting is used for short-and long-term decision making that involve overall financial health. It helps businesses make administrative decisions–meaning to help increase the efficiency and productivity of the business–while also helping to make long-term investment decisions.

Therefore,all answers are correct except "A"

Final answer:

Option (a) is incorrect because historical information is essential in management accounting for informing future decision-making, providing benchmarks, and understanding past performance.

Explanation:

The multiple choice question presented pertains to the role of management accounting in decision-making and the assignment of decision-making authority within an organization. The option that does not accurately reflect the reality is:

a. Since management accounting information is used for decision-making purposes, historical information is unnecessary.

This statement is incorrect because management accounting indeed relies on historical data to inform decisions. Even though decision-making involves looking toward the future, past data provides valuable insights and benchmarks for assessing current and future initiatives.

Management accounting plays a crucial roles in supporting decision-making by providing relevant information, helping to define and clarify decision responsibilities, and ensuring that an adequate structure exists for efficient and effective decision processes. The provided references emphasize that decision-making often requires not just intuition but a sound basis of relevant information, acknowledging that historically informed data can shape future financial strategies in meaningful ways. The incorrect option suggests a misunderstanding that historical information is unnecessary, which contrasts with the importance of historical data as indicated in the references.

ABC Company, which is headquartered in the United States, has production plants in Mexico and Vietnam. According to this information, ABC company is Select one: A. a local company. B. a multinational enterprise. C. engaging in the globalization of markets. D. against globalization. E. engaging in international trade. Previous page

Answers

Answer:

According to the given information, ABC company is a multinational enterprise.

Explanation:

As we know that any country that extends its operations beyond the domestic boundaries of the country of its origin, it is deemed as a multinational organization. It is clear from the information given that ABC company operates through various branches that are based in different countries. These branches being outside the domestic boundary of the country of origin of the ABC company, it automatically becomes a multinational enterprise.

if the amount of money demanded is greater than the amount of money supplied, then the interest rate

Answers

Answer:

The correct answer is: decreases.

Explanation:

A larger money demand lower market interest rates, while a smaller demand tends to raise them. In a market economy supply and demand influence prices. In everyday life, people often have a greater demand for money than their reserves will accommodate. To get more money, they borrow from those who have an excess of cash. Interest rates determine that cost.

According to economists, one reason few professional athletes have PhD’s is that the:
a. marginal cost of going to graduate school is too high.
b. explicit cost of going to graduate school would be too high.
c. comparative cost of going to graduate school is too high.
d. opportunity cost of going to graduate school is too high.
e. marginal benefit of going to graduate school is too high.

Answers

Answer:

d. opportunity cost of going to graduate school is too high.

Explanation:

The cost of choosing an alternative instead of another is known as the opportunity cost. In order to obtain a PhD, athletes would have to delay their professional careers, which would cause then to potentially miss out on years of millionaire contracts. Therefore, the opportunity cost of going to graduate school is too high.

gas-to-liquid (GTL) process that produces 140,000 bbl/day has aFCI of $12 billion. Estimate the FCI of a similar GTL plant producing 110,000 bbl/day.

Answers

Answer:

$ 10.38 billion

Explanation:

Using six-tenths rule

Estimated cost / the known cost = (size of the estimate / size of the known)^0.6

Estimate = $ 12 billion ( 110000/140000)^ 0.6

Estimate = $ 10.38 billion

Gas-to-liquid (GTL) process that produces 140,000 bbl/day has FCI of $12 billion. The FCI of a similar GTL plant producing 110,000 bbl/day is $10.38 billion.

Given information:

Size of the estimate = 110,000

Size of the known = 140,000

FCI = $12 billion

The process known as "gas-to-liquids" (GTL) transforms natural gas into liquid fuels like petrol, jet fuel and diesel. Wax can be produced using GTL. Fischer-Tropsch (F-T) synthesis is the method utilized at GTL facilities the most frequently.

Estimated cost / the known cost =[tex]\frac{size of the estimate}{size of the known}^{0.6}[/tex]

Estimate = $12 billion × [tex]\frac{110000}{140000}^{0.6}[/tex]

Estimate = $10.38 billion

As a result, the significance of the bbl/day is $10.38 billion are the aforementioned.

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As a manager for a company that is looking to expand to India, what should your company focus on? Check all that apply.

a. Manufacturing processes
b. Employing translators to help break down the language barrier
c. Research and development opportunities
d. Information technology

Answers

Answer:

Employing translators to help break down the language barrier

Research and development opportunities

Explanation:

Employing translators to help break down the language barrier

Research and development opportunities

these are the pivotal areas i would invest in as these could are the foundation for entry of a business in india or into a new country

Answer:

B

Explanation:

Employing translators to help break down the language barrier.

Effective communication is a major barrier to global business growth and international commerce.

Clear Co.’s trial balance has the following selected accounts: Cash (includes $10,000 in bond-sinking fund for long-term bond payable) $50,000 Accounts receivable 20,000 Allowance for credit losses 5,000 Deposits received from customers 3,000 Merchandise inventory 7,000 Unearned rent 1,000 Investment in trading debt securities 2,000 What amount should Clear report as total current assets in its balance sheet?

Answers

Answer:

Explanation:

The computation of the amount that is reported as a total current assets is presented below:

                                                    Clear Co's

Current assets

Cash                                                  $40,000   ($50,000 - $10,000)

Accounts Receivable                       $20,000

less-Allowance for doubtful debts - $5,000

Deposits from customers                 $3,000

Merchandise Inventory                     $7,000

Unearned rent                                    $1,000

Investment in trading debt securities $2,000

Total amount                                      $68,000

Sam agrees to sell ten tons of steel bars to Bill. The agreement states nothing about the place of delivery. The place of delivery is

Answers

Answer:

The seller's place of business if that is where the bars are located

Explanation:

The place of delivery is the seller's place of business if that is where the bars are located

what's the present value of $850 annuity payments over five years if the interest rates are 9%?

Answers

Answer:

$3,306.20

Explanation:

The present value of any payments can be calculated using the following formula:

Present value=R((1-(1+i)^-n)/i)

R= annuity payment =$850 in this case

i=interest rate=9%

n=number of payments=5

Present value=$850((1-(1+9%)^-5)/9%)

                      =$3,306.20

                       

Final answer:

The present value of $850 annuity payments over five years at an interest rate of 9% is calculated using the present value of an annuity formula, resulting in a present value of $3,306.21.

Explanation:

The student is seeking to calculate the present value of an annuity with $850 annual payments for five years at a 9% interest rate. To find the present value of an annuity, we use the present value of an annuity formula, which is PVC = C * [(1 - (1 + r)⁻ⁿ) / r], where PVC is the present value of the annuity, C is the annual payment, r is the interest rate, and n is the number of periods.

Applying the formula to the given scenario:

C = $850r = 9% or 0.09n = 5 years

The present value of the annuity is therefore: $850 * [(1 - (1 + 0.09)⁻⁵) / 0.09]

Performing the calculations, we get:

PVC = $850 * [(1 - (1.09)⁻⁵) / 0.09]

PVC = $850 * [(1 - 0.649931) / 0.09]

PVC = $850 * [0.350069 / 0.09]

PVC = $850 * 3.889656

PVC = $3,306.21

The present value of the annuity is $3,306.21.

The HR department is trying to fill a vacant position for a job with a small talent pool. Valid applications arrive every week or so, and the applicants all seem to bring different levels of expertise. For each applicant, the HR manager gathers information by trying to verify various claims on resumes, but some doubt about fit always lingers when a decision to hire or not is to be made. What are the type I and II decision error costs? Which decision error is more likely to be discovered by the CEO? How does this affect the HR manager’s hiring decisions?

Answers

Answer:

Type 1 decision error cost and Type 2 decision error cost

Explanation:

Type 1 decision error cost has to do with recruiting the wrong candidate or person specification for the job, type 1 error are expensive to the organization and frustrating to the employees. Type 2 decision error cost has to do with the opportunity cost forgone, when the right candidate which could have been hired, was not hired.

The CEO is likely to discover the Type 1 decision error cost

Final answer:

Type I error is hiring the wrong person for the job and Type II error is rejecting the right person. Type I is more likely to be noticed by the CEO because it could negatively impact the company. To avoid these errors, the HR managers tend to be rather conservative and look for various pieces of evidence that the candidate is suitable for the position.

Explanation:

In the scenario described, a type I decision error would occur if the HR manager hires an applicant who is not a good fit for the position. A type II error, on the other hand, happens if a good candidate is passed over.

In most cases, type I error – hiring the wrong person – would be more likely to be noticed by the CEO because of the potential negative impacts on the company's operations, productivity, and perhaps even its reputation. It's also possible that the CEO might notice a type II error if an applicant who was rejected ends up being successful for a competitor, but this is less direct and less certain.

The possibility of these errors, and their visibility to the CEO, can certainly influence the HR manager's hiring decisions. For example, because of the high visibility and potentially high costs of type I errors (hiring the wrong person), HR managers might be rather conservative and choosy in making hiring decisions, hoping to avoid the risk of a bad hire. They might look for various types of evidence that an applicant is likely to succeed in the job, such as degrees from reputable schools, high grades, other accomplishments, specific skills, relevant work experience, and strong references.


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Lange Company purchased land for $75,000 in 2017. In 2019, the land was valued at $93,000. The land would appear on the company's December 31, 2019 balance sheet at:

Answers

Answer:

75000

Explanation:

Under historical cost concept assets should be shown at their cost not based on market value

Do you believe that managers today are using more boss- or subordinate-centered leadership styles?
Based on you answer, give three reasons why the style you chose is used more.

Answers

Answer:

Today's managers are using more subordinate-centered leadership styles to get the best out of them.

Why: Reasons

Why today's managers are more titled toward the subordinate-centered leadership styles, following are few of the reasons:

(1) In today's world, businesses have become much more complicated as ever before, competition has changed the face of any businesses, therefore, managers want to have new and creative ideas, and this is only possible when employees are given free hand in choosing their work environment, thus, it is only possible when manager are having supportive behavior towards their subordinates.

(2) Human resource departments are so efficient now-a-days that they are always in searching of exciting talent. They do the head-hunting on the continuous basis, where they hire employees from other organisations, therefore, if you don't treat your employees well, then they will have more chances to switch the organisation and avail the better available chances.

(3) Employee enjoy working in an environment where they have freedom, bosses and employees work together like Google and SEMCO. In both of these organisations, the organisational structure help employees in participation towards the decision making in the organisation. Employees feel more productive and loyal to the organisation, therefore, employees-centered leadership approaches are more valid now-a-days.

Final answer:

Today's managers are using more subordinate-centered leadership styles due to the benefits such as empowerment of employees, ability to adapt to changes, and enhanced teamwork and creativity.

Explanation:

In today's dynamic business environment, managers are often seen using more subordinate-centered leadership styles rather than the traditional boss-centered style. Here are three main reasons for this trend:

Empowerment of Employees: Managers believe that empowering employees and encouraging them to make decisions increases their motivation and job satisfaction. Adapting to Changes: Due to the rapid pace of change in technology and market trends, the top-down boss-centered approach does not work effectively. Managers need inputs and expertise from their subordinates to respond quickly and adapt to changes. Teamwork and Creativity: Subordinate-centered leadership enhances team collaboration and encourages diverse ideas, resulting in greater creativity and innovation.

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If a company has a payable denominated in the Euro, and the U.S. dollar weakens, then what will happen?

Answers

Answer and explanation:

If a company has a payable in a foreign currency and the local currency weakens, the initial amount of the payable will be higher in the local currency of the firm which will represent a company loss. The loss must be recorded in the financial statements the very same date where the loss takes place regardless the payable will be paid on the same day.

The Laresen Company uses the machine hour method of applying factory overhead to production. The budgeted factory overhead last year was $200,000, and there were 40,000 machine hours budgeted. Job 84 was started and completed during the period. Direct materials costing $900 were incurred. Twenty-five direct labor hours were worked at a cost of $350, and 40 machine hours were incurred. What was the cost of Job 84?

Answers

Answer:

Total cost= $1,375

Explanation:

Giving the following information:

The budgeted factory overhead last year was $200,000, and there were 40,000 machine hours budgeted.

Job 84:

Direct materials= $900

direct labor hours= 25

Direct labor cost= $350.

First, we need to calculate the manufacturing overhead rate based on direct labor hours:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 200,000/40,000= $5 per direct labor hour

Now, we can calculate the total cost:

Total cost= direct material + direct labor + allocated overhead

Total cost= 900 + 350 + 5*25= $1,375

Beasley Company currently sells its products for $ 20 per unit. Management is contemplating a 10​% increase in the selling price for the next year. Variable costs are currently 30​% of sales revenue and are not expected to change in dollar amount on a per unit basis next year​ (the company will pay the same amount for variable costs next​ year). Fixed expenses are $ 56 comma 000 per year. What is the breakeven point in units at the anticipated selling price per unit next​ year?

Answers

Answer:

$ 3,500 units

Explanation:

Selling price per unit (next year):

= $20 + 10 % of $20

= $22

Variable cost per unit (next year):

= $20 × 30 %

= $6

Contribution per unit (next year):

= Selling price per unit (next year) - Variable cost per unit (next year).

= $22 - $6

= $16

Fixed expenses = $56,000

Break even point (in units):

= Fixed expenses ÷ Contribution per unit.

= $56,000 ÷ 16

= $ 3,500 units

Final answer:

The breakeven point for Beasley Company next year is 3,500 units. This is calculated using the new selling price of $22 per unit after a 10% increase, with the variable costs remaining at $6 per unit and the fixed expenses at $56,000 per year.

Explanation:

To calculate the breakeven point in units for Beasley Company, we need to use the new anticipated selling price after the 10% increase. The current selling price is $20, so the new price will be $20 + ($20 × 10%) = $22 per unit. The variable costs, which are 30% of the sales revenue, will remain at $6 per unit ($20 × 30%), since they are not expected to change on a per unit basis next year. Therefore, the unit contribution margin will be the new selling price minus the variable costs, which is $22 - $6 = $16 per unit.

With the fixed expenses at $56,000 per year, we can find the breakeven point in units by dividing the fixed expenses by the unit contribution margin:

Breakeven Point in Units = Fixed Expenses / Unit Contribution Margin

Breakeven Point in Units = $56,000 / $16 per unit

Breakeven Point in Units = 3,500 units

So, Beasley Company will need to sell 3,500 units at the new price of $22 per unit to breakeven next year.

Why is the cyclically adjusted budget balance a better measure of the long-run sustainability of government policies than the actual budget balance

Answers

Answer:

because In the long run, real GDP tends to potential output.

Explanation:

Since actual GDP continues to increase economic output in the longer term, the seasonally adjusted annual budget balance is a better predictor of public policies ' long-term sustainability. ... Economic GDP dropped in recessions.

This means that incomes for consumers, business investment and profits for producers also fall.

The cyclically adjusted expenditure balance plays an important role in the EU budgetary framework, which still provides a better picture of fiscal policy focus.

Prepare journal entries to record the following four separate issuances of stock.

1. A corporation issued 4,000 shares of $5 par value common stock for $35,000 cash.

Record the issue of 4,000 shares of $5 par value common stock for $35,000 cash.2. A corporation issued 2,000 shared of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $40,000. The stock has a $1 per share stated value.

Record the issue of 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $40,000. The stock has a $1 per share stated value.3. A corportation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $40,000. The stock has stated no value.

Record the issue of 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $40,000. The stock has no stated value.4. A corporation issued 1,000 shares of $50 par value preferred stock for $60,000 cash.

Record the issue of 1,000 shares of $50 par value preferred stock for $60,000 cash.

Answers

Answer:

Explanation:

The journal entries are shown below:

1.  Cash A/c Dr $35,000        

           To Common Stock $20,000          (4,000 shares  × $5)

           To  Additional Paid-in Capital in excess of par - Common Stock $15,000

(Being the issuance of stock is recorded and the remaining balance is credited to the additional paid-in capital account)

2. Promotion expenses A/c Dr $40,000

             To Common Stock $2,000          (2,000 shares  × $1)

             To  Additional Paid-in Capital in excess of par - Common Stock $15,000

(Being the issuance of stock is recorded to promoters and the remaining balance is credited to the additional paid-in capital account)

3. Promotion expenses A/c Dr $40,000

             To Common Stock $40,000

(Being the shares are issued to promoters)

4.  Cash A/c Dr $60,000

           To Preferred Stock $50,000          (1,000 shares  × $50)

           To  Additional Paid-in Capital in excess of par - Preferred Stock $10,000

(Being the issuance of stock is recorded and the remaining balance is credited to the additional paid-in capital account)

Final answer:

The four journal entries record the issuance of common stock and preferred stock in exchange for cash and services. The entries account for par value, stated value, and no-value stock, as well as promoters' efforts.

Explanation:

Journal entry recording can be done as follows:

Common Stock Dr $20,000 (i.e., 4,000 shares x $5)
Paid in Capital in Excess of Par - Common Stock Dr $15,000 (i.e., $35,000 - $20,000)
Cash Cr $35,000 (received in cash) Common Stock Dr $2,000 (i.e., 2,000 shares x $1)
Paid in Capital in Excess of Stated Value - Common Stock Dr $38,000 (i.e., $40,000 - $2,000)
Organizational Expense Cr $40,000 (promoters' efforts estimated at this amount) Common Stock Dr $40,000 (the stock's estimated value)
Organizational Expense Cr $40,000 (promoters' efforts estimated at this amount) Preferred Stock Dr $50,000 (i.e., 1,000 shares x $50)
Paid in Capital in Excess of Par - Preferred Stock Dr $10,000 (i.e., $60,000 - $50,000)
Cash Cr $60,000 (received in cash)

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Compare and contrast Borealis’old financial plan-ning and control system with its new system.

Answers

Answer:

Old: Budget controlled by financial controller

New: Budget not controlled by financial controller

Old: Budget provide control over cost structure

New: Set target for variable and fixed costs by benchmarking competitors

Old: No freedom to spend money

New: Freedom to spend money to meet benchmark.

k. Starbucks reports Income from Equity Investees in its income Statement. Using the narrative information provided in this case, describe the nature of this type of income.

Answers

Answer:

These revenues correspond to the portion of the related companies that do not consolidate in the Financial Statement because there is a minimum participation or there is no control over them (Example: They have control with the 51% of participation). However, if they have a minimal portion this means that there is a minority participation, the portion of the gain that corresponds to it is recorded in the financial statements.

On the day Harry was born, his parents put $1200 into an investment account that promises to pay a fixed interest rate of 6 percent per year. How much money will Harry have in this account when he turns 21 (round to nearest $1)? If you could identify the TVM variable you're calculating, along with showing me how to calculate this step by step using excel it would be extremely helpful

Answers

Final answer:

The Future Value of an investment is calculated using the given formula. This is demonstrated using Excel, where the Present Value, Interest Rate, and Number of Years are input into the formula, and the Future Value is calculated automatically.

Explanation:

This question is about determining the future value of an investment using the formula: Future Value = Present Value (1 + Interest Rate)^Number of Years. In this case, Harry's parents placed $1200 in an investment account with a fixed interest rate of 6 percent when he was born. So, the Present Value is $1200, the Interest Rate is 6% or 0.06, and the Number of Years is 21 because we want to know the amount when Harry turns 21.

Step 1: Open Excel and input the given data in cells: (You might name A1 as 'Present Value', A2 as 'Interest Rate', and A3 as 'Years'. B1 will be 1200, B2 as 0.06 and B3 as 21).

Step 2: In cell B4, you will write the formula= B1*(1+B2)^B3 and press Enter.

Step 3: Excel would automatically calculate the Future Value and display it in the cell B4 (rounded to the nearest dollar), which is the amount Harry will have in the account when he turns 21.

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A book publisher is about to set the list price (retail price) on a textbook. The choice of a low list price would mean less advertising than would be used for a higher list price. The amount of advertising will affect the number of copies sold. The publisher's criterion should be_____________.

Answers

Answer:

Maximize the difference between Output and Input

Explanation:

The publisher can get a higher margin by maximizing the output i.e. the number of copies of books sold and by minimizing the input i.e. costs.

Final answer:

A book publisher should choose the list price that maximizes profit. This involves considering the relationship between the list price, advertising costs, and volume of sales. The key is to find the optimal price that generates the highest return when taking into account these factors.

Explanation:

The publisher's criterion in this case should be to choose the list price that maximizes profit. This involves striking a balance between the list price, the advertising costs, and the number of copies sold. For instance, if a low list price will result in less advertising but a higher volume of sales, this could lead to a higher overall profit. Conversely, if a higher list price necessitates more advertising but could potentially lead to lower sales volumes, this could decrease overall profit. The publisher must determine the optimal list price that will generate the highest return when taking into consideration these variables. In essence, the publisher needs to conduct a thorough cost-benefit analysis.

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Each Component (Services/Agencies) uses the guidance provided by the Planning phase of the Planning, Programming, Budgeting, and Execution (PPBE) process to prepare its proposal for all available resources, including funding, force structure and personnel end strength, over a five year period. This proposal, submitted to the Secretary of Defense, is known as the:


a. Program Objectives Memorandum (POM) and Resource Management Decision (RMD).]

b. Program Objectives Memorandum (POM)

c. President's Budget (PB) Defense Planning Guidance (DPG)

d. Budget Estimate Submission (BES)

Answers

Answer: D - Budget Estimate Submission (BES)

Explanation: Budget Estimate Submission (BES) is a proposal prepared for all available resources including funding, force structure and personnel strength over a five year period. The proposal is then submitted to the office of the secretary of defense for the inclusion in the department of defense Budget.

After which a Budget review is conducted by the Secretary of Defense with  OMB participation, to review department/agency estimates of program costs. This budget  takes care of:

1) Program Pricing

2) Program Executability

Assume that you contribute $150 per month to a retirement plan for 15 years. Then you are able to increase the contribution to $350 per month for the next 25 years. Given an 8 percent interest rate, what is the value of your retirement plan after the 40 years?

Answers

Final answer:

To calculate the future value of a retirement plan with differing contributions over 40 years and an 8% interest rate, we use two separate calculations for the 15-year and 25-year contribution periods. The future value for each period is found using compound interest formulas, which include adjusting for the changing monthly contribution amounts.

Explanation:

To calculate the value of the retirement plan after 40 years, we will separate the calculation into two different periods due to the change in monthly contribution. For the first 15 years with a monthly contribution of $150 and an 8% annual interest rate, we use the future value of a series formula for compound interest:

FV = P \times \frac{[(1 + r)^n - 1]}{r}

Where:

FV is the future value of the investment.

P is the monthly contribution.

r is the monthly interest rate.

n is the total number of contributions.

For the first period:

P = $150

r = 0.08/12 (since 8% is the annual rate, we divide by 12)

n = 15 \times 12

The future value for the first period (FV1) will then be:

FV1 = 150 \times \frac{[(1 + 0.08/12)^(15 \times 12) - 1]}{0.08/12}

For the second period of 25 years with a monthly contribution of $350, we not only calculate the FV of these contributions (FV2) but also the compounded value of FV1 over the additional 25 years. Therefore we use:

FV2 = P \times \frac{[(1 + r)^n - 1]}{r} + FV1 \times (1 + r)^n

Where:

P = $350

n = 25 \times 12

Calculating FV2 gives us the total value of the retirement plan after 40 years.

Because of their high water requirements and tropical origin, it is best to plant citrus in lawns where overhead sprinklers irrigating the lawn can also provide deep and uniform soil moisture for citrus root systems to thrive. A. TrueB. False

Answers

Answer:

1.

Explanation:

IT WOULD BE GOOD TO PLANT CITRUS IN THE AREA WHERE AVALIABILITY OF SPRINKLERS IS AMPLE.

THEREFORE,THE ROOTS OF THE PLANTS WOULD GET AMPLE OF WATER FOR THE GROWTH OF PLANT.

As the high water requirement s of the plants of tropical origin, the best place for the citrus fruit is at the lawns where he overheats sprinklers provide the soil with moisture is true.

What is the tropical origin ?

The tropical origin refers to those plants that are originated in the tropical regions and lands. The citrus is a fruit plant that grows well in the lands of the tropics as it has a sprinkler system.

As the tropics are a place that is near to the equator i.e zero degrees, and it's called mod latitude. Being tropical in origin means to be warm and wet.

Find out more information about the citrus fruit.

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You need to lift a 100 lbmrock 300ft with an electric motor that is 60% efficient, how much will it cost if the electricity is 10 cents per kWh?

Answers

Answer:

0.066 cent

Explanation:

Efficiency (E) = Energy output (Eo)/Energy input (Ei)

Eo = E × Ei

E = 0.6

Ei = mass × acceleration due to gravity × height

mass = 100lbm = 100×0.45359kg = 45.359kg, height = 300ft = 300/3.2808 = 91.44m

Ei = 45.359×9.8×91.44 = 40646.7Ws = 40.6467kWs = 40.6467kWs × 1h/3600s = 0.011kWh

Eo = 0.6 × 0.011kWh = 0.0066kWh

1kWh = 10 cents

0.0066kWh = 0.0066×10 = 0.066 cent

Paul is a very driven person who believes his effort and attitude determines everything. Paul_ 1. believes in the protestant work ethic 2. has the growth mindset 3. has the fixed mindset 4. will succeed if only by his sheer will and effort O believes in the protestant work ethic O has the growth mindset O has the fixed mindset O will succeed if only by his sheer will and effort

Answers

Answer:

The correct option is 2. Has the growth mindset.

When a person believes in his/ her self, the person has a growth mindset.

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