The answer in the given statement above is the accounts receivable conversion. This type of process allows an individual to receive the amount that he or she converts from paper check into a real amount when scanned under an electronic machine in which is being described above.
When partners own different portions of the business, the terms should be stated clearly in what document? The articles of incorporation
The executive summary
The business summary
The partnership agreement
The answer is the partnership agreement.
You would not have articles of incorporation because this is not a corporation but a partnership.
The executive summary is just a brief outline of what is to come in the document it is attached to.
The business summary would not contain this information.
the only logical answer is the partnership agreement that will list how much equity each partner is to have in the company moving forward.
Emma works as a cashier at a grocery store for 15 hours per week. Emma is now looking for a new job. What piece of information would be most valuable for Emma to include on her resumé?
A. My manager lets me take a few days off because she likes me
B. I keep my register area organized
C. I am polite to each of my customers
D. My manager trusts me to put away money at the end of the day
The correct option is D. Piece of information that would be most valuable for Emma to include on her resumé is that her manager trusts her to put away money at the end of the day.Why is it important to act with integrity?
Our superiors, coworkers, and team members trust us when we act with honesty. We're dependable, and when we take responsibility for our activities, we establish examples for people to imitate. This in turn has an immediate effect on how successful we are in life.
Emma holds a position of trust since she represents a business and handles significant sums of money. She is called on to deliver reliable, honest service and make sure that all of the money they handle is reconciled at the end of each shift. Cashiers in grocery stores are in charge of accurately and quickly processing consumer transactions. They must also make sure that every item is properly stocked on the shelves. She must also maintain a tidy and organized checkout area at all times.
Learn more about Integrity here:
D) My manager trusts me to put away money at the end of the day
Emma must show that she is trustworthy and can handle money.
Which of the following best describes the main purpose for including advertisements in a newspaper? they attract a broader audience rather than just people who like to read the news. they generate revenue and cover most of the cost of the newspaper staying in business. they allow the newspaper to showcase its relationship with other business. a combination of all of these?
If a customer doesn't pay at the time of sale, it means that...
Zach is a franchisee with Digger's Doggies, a chain of hotdog shops. He was doing well until several other Digger's Doggies franchisees got in trouble and were forced to close their shops. Soon afterward, Zach's business declined and was also forced to close. This is an example of :
A. management by exception.
B. an economic shakeout at work.
C. the coattail effect.
D. the law of diminishing returns.
Answer: C. the coattail effect.
Explanation: Coattail effect refers to situations in which the actions of other franchises in one way or the other affects the success or failure of one particular franchise's business.
C. the coattail effect.
-Management by exception refers to reviewing the results of a company and presenting the issues to the management only if they represent big differences from the expected results.
-An economic shakeout at work refers to the situation in which an industry consolidates and businesses are eliminated by the competition.
-The coattail effect refers to the situation in which a franchisee is taken out of business as a consequence of the failure of other franchisees.
-The law of diminishing returns refers to a situation in which adding more factors of production generates smaller increases in the output.
According to this, this is an example of the coattail effect as Zach's business was forced to close as a consequence of what happened with the other franchisees that had to close their businesses.
Assume the following exchange rates: $1 = NZ$3, NZ$1 = MXP2, and $1 = MXP7. Given this information, as you and others perform triangular arbitrage, the exchange rate of the New Zealand dollar (NZ) with respect to the Mexican peso (MXP) should ____, and the exchange rate of the Mexican peso (MXP) with respect to the U.S. dollar should ____. a. appreciate; depreciate b. remain stable; appreciate c. appreciate; appreciate d. depreciate; depreciate
c. Appreciate; Appreciate
Triangular arbitrage is the act of taking an opportunity resulting from a pricing discrepancy among three different currencies when the currency's exchange rates do not exactly match up
This cases are very rare and for a quite short period of time so there are very few traders who takes the advantange of them.
Lets study th given cases here:
A) NZ dollar Versus Mexican Peso
The exchage rate is 1NZ$= 2 Mexican Pesos (MXP)
But if we apply the triangular arbitrage:
1 NZ dollar = 0.3333 US$
and we know tha 1 US$= 7 Mexican Pesos (MXP
Then 1 NZ dollar = 0.3333* 7 MXP= 2.333 MXP
So the NZ dollar appreciates
B) MXP Versus U$S
The exchage rate is 1 MXP= (1/7) U$S
But if we apply the triangular arbitrage:
1 MXP = 0.5 NZ
and we know tha 1 NZ= 0.333 US$
Then 1 MXP = 0.5* 0.333 U$S= 0.166 U$S
So the MXP appreciates
Schager Company purchased a computer system on January 1, 2012, at a cost of $40,000. The estimated useful life is 10 years, and the estimated residual value is $5,000. Assuming the company will use the double-declining-balance method, what is the depreciation expense for the second year?
The depreciation expense for the second year would be $6400
Double declining balance method is that method of depreciation where depreciation on the asset continues until the value of the asset comes down to its salvage value.
Firstly we will here find the depreciation rate here , where we can use the formula -
straight line declining depreciation rate x 2,
where straight line declining depreciation rate = 100% / estimated useful life
so, (100% / estimated useful life of asset) x 2
= (100% / 10) x 2
= 10% x 2
= 20% ( double declining depreciation rate )
DEPRECIATION EXPENSE FOR FIRST YEAR =
$40,000 X 20% = $8000
DEPRECIATION EXPENSE FOR SECOND YEAR =
$40,000 - $8000 X 20%
= $32,000 X 20%
Which of the following is NOT exempt from registration as an investment adviser or an investment adviser representative in the state in which a place of business is maintained? A. A certified financial planner who prepares financial plans and whose only compensation is commissions.
B. An insurance agent who prepares comprehensive financial plans and receives commissions on any insurance products purchased by his clients.
C. A broker-dealer exclusively engaged in retail securities transactions in the state
D. The SWW Growth Fund, a mutual fund with an office and shareholders in the state
There are two answers possible for this question: Which of the following is NOT exempt from registration as an investment adviser or an investment adviser representative in the state in which a place of business is maintained. The answers are as follows, according to the rules established in the Uniform Securities Act.
1. A: A certified financial planner who prepares financial plans and whose only compensation is commissions. The reason for this first one being the first choice answer is that financial planners advice people on how to invest their money, and win commission for giving out such advice. According to the Uniform Securities Act, these financial planners therefore, because they gain from giving out financial advice, they must register.
2. B: An insurance agent who prepares comprehensive financial plans and receives commissions on any insurance products purchased by his clients. The reason for this one also comes from the fact that this agent is generating financial planning, which includes advising the clients on the products to be purchased, and gaining a commission for it. Since this agent is acting as an investment adviser, then he too must register.
ADVANCED ANALYSIS Assume the following values for Figures 4.4a and 4.4b: Q1 = 20 bags. Q2 = 15 bags. Q3 = 27 bags. The market equilibrium price is $45 per bag. The price at a is $85 per bag. The price at c is $5 per bag. The price at f is $59 per bag. The price at g is $31 per bag. Apply the formula for the area of a triangle (Area = ½ × Base × Height) to answer the following questions. LO4.2 What is the dollar value of the total surplus (producer surplus plus consumer surplus) when the allocatively efficient output level is being produced? How large is the dollar value of the consumer surplus at that output level? What is the dollar value of the deadweight loss when output level Q2 is being produced? What is the total surplus when output level Q2 is being produced? What is the dollar value of the deadweight loss when output level Q3 is produced? What is the dollar value of the total surplus when output level Q3 is produced?
Answer 2 :
Total surplus is the area bounded by points a, b, and c.
Base = $80
The dollar value of the total surplus is $800.
The area between the demand curve and the equilibrium price line ia known as the consumer surplus.
Base = $40
Using these values,
The dollar value of the consumer surplus at that output level is $400.
The difference in total surplus between an efficient level of output Q1 and a reduced level of output at Q2 is Deadweight loss .
The height of this triangle is given by the difference in the restricted level of output of Q2 = 15
The dollar value of the deadweight loss when output level is $50.
Learn more :
a. Total surplus is the area bounded by points a, b, and c. To calculate total surplus, we use the following formula for the area of a triangle: Area = ½ × Base × Height. The area between the demand curve and the supply curve for the quantity ranging from 0 to 20 is the total economic surplus. This is a triangle with a base (best read off the price axis) of $80, which is the price difference at Q = 0, or between points a and c, and a height of 20 (the number of units purchased in equilibrium). Using these values, we have a total surplus of (1/2) × $80 × 20 = $800.
The consumer surplus is the area between the demand curve and the equilibrium price line. Here we have a base of $40 (the price difference between the demand schedule price at Q = 0, which is $85, and the equilibrium price of $45). The height of the triangle is once again 20 (the number of units purchased in equilibrium). Using these values, we have a consumer surplus of (1/2) × 40 × 20 = $400.
b. Deadweight loss is the difference in total surplus between an efficient level of output Q1 and a reduced level of output at Q2. We can calculate this as the area of a triangle bounded by points bde. The base of this triangle is the difference in prices at points d and e, or $55 – $35 = $20. The height of this triangle is given by the difference in the restricted level of output of Q2 = 15 and the efficient level of output Q1 = 20, or 5 units. Thus, the area of this triangle (the deadweight loss) is equal to (1/2) × $20 × 5 = $50. The remaining total surplus can be found by subtracting the deadweight loss from the original (efficient) total surplus. This is $800 (maximum total surplus) – $50 (deadweight loss) = $750.
c. The deadweight loss from overproduction is the difference in total surplus between an efficient level of output Q1 and an additional level of output at Q3. We can calculate this as the area of a triangle bounded by points bfg. The base of this triangle is the difference in prices at points f and g, or $59 – $31 = $28. The height of this triangle is given by the difference in the additional level of output Q3 = 27 and the efficient level of output Q1 = 20, or 7 units. Thus, the area of this triangle (the deadweight loss) is equal to (1/2) × $28 × 7 = $98. The remaining total surplus can be found by subtracting the deadweight loss from the original total surplus. This is $800 (maximum total surplus) – $98 (deadweight loss) = $702. Note here that we maximize total (producer + consumer) surplus by producing the equilibrium quantity, but we lose surplus from overproduction (inefficient use of resources).