Answer:
Extended warranty means provided extra protection to the breakage or problems occurred on a newly purchased item for a longer period.
Explanation:
Extended warranty is also known as the service agreement or maintenance agreement that is offered to a customer when they plans to purchase a new item like any electronic item including laptops, mobile phone, television, camera ,etc. It provides extra prolonged protection to the item or device than the regular warranty period.
In the context, the questions that I will ask the salesperson before agreeing the contract on the extended warranty on the purchase of the new computer are :
1. What is the extra amount I have to pay for the extended warranty.
2. For how long this "extended warranty" covers or protects my computer.
3. The extended warranty provides coverage on what items items and what defects.
Salaries and wages expense should have been accrued on december 31st, but the entry was not made. The result of this oversight is that.
The result of this oversight is that obligations are underestimated.
Adjusting Journal is an accounting journal that is used to make adjustments to certain account balances or post transactions to match the actual situation in the process of preparing financial statements. Examples of adjusting entries for merchandise inventory and office supplies. Adjusting entries are used by trading, service, manufacturing and other entities.
The basic concept of adjusting entries is the basic accounting concept used as the basis for making adjusting entries.
Examples of transactions recorded in adjusting entries are:
Prepaid lease transactions,Prepaid insurance,Prepaid income,Depreciation of fixed assets,Bad debts,Bank reconciliationSupplies on handIncome SummaryAllowance for loss of receivablesMerchandise inventoryYou can learn more about Adjusting Journal here brainly.com/question/14895809
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memphis company anticipates total sales for april, may, and june of $800,000, $900,000, and $950,000 respectively. cash sales are normally 25% of total sales. of the credit sales, 30% are collected in the same month as the sale, 65% are collected during the first month after the sale, and the remaining 5% are not collected. compute the amount of cash received from credit sales during the month of may. multiple choice $592,500. $561,500. $652,500. $890,000. $817,500.
The total cash received from the credit sales during the month of May is $592,500.
Total credit sales for the month of May:
Credit sales of May = Total sales * Credit sales%
Credit sales of May = $900,000 * 75%
Credit sales of May = $675,000
Cash received from the credit sales of May:
Cash received = Credit sales of May * Receivable in current month
Cash received = $675,000 * 30%
Cash received = $202,500
Total credit sales for the month of April:
Credit sales of April = Total sales * Credit sales%
Credit sales of April = $800,000 * 75%
Credit sales of April = $600,000
Cash received from the credit sales of April:
Cash received = Credit sales of April * Receivable in current month
Cash received = $600,000 *65%
Cash received = $390,000
Thus, Cash received from the credit sales during the month of May:
Cash received = Cash received from May sales + Cash received from April sales
Cash received = $202,500 + $390,000
Cash received = $592,500
What does sales mean?
A sale is a transaction between two or more parties that exchanges goods or services for money or other property. In financial markets, a sale is an agreement between a buyer and a seller to set a price for a security and deliver it at an agreed upon rate.
Sales and Examples?
A sale is the sale or discount of goods or services. An example of a sale is the sale of a new home. An example of a sale is that he discounts the price of all jeans in the store by 50%.
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PLEASE HELP in 2 to 3 sentences, explain the role of prices in a market and include distrbution, producers, and consumers
Price is the biggest and most important direct determinant in a market for aspects like distribution, producers, and the consumers in the market at large.
What is the significance of price?Price of a product, in an economy, can be referred to or considered as the rate at which a particular quantity of such product is demanded and supplied in the market in which such price prevails.
Higher price attracts producers and distributors, while lower price of a product in a market will attract a larger number of customers to buy such product.
Therefore, the significance regarding price has been aforementioned.
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Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom. according to o*net, what are common work contexts for foresters? check all that apply. pace determined by speed of equipment telephone freedom to make decisions exposed to disease or infections electronic mail in an open vehicle or equipment face-to-face discussions
O*NET lists the following tasks as common task assignments for construction managers: A. Telephone, C. Balance, and E. Exposed to total body vibration.
In project management, what is task assignment?The right person within the project team can be assigned tasks using the work assignment tool in project management software. The job or project must be allocated to a resource before it can be completed, whether it is adding a new task or creating a new project.
How are responsibilities delegated at work?The following considerations should be made while giving your staff duties to complete:
Do positive delegation.
Make the proper choice.
Get opinions.
Fix a due date.
Provide guidance and instruction.
Give people authority.
Think about the various facets of control.
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Answer:B,C,E,G
Explanation:Trust, I did it.
all points along a production possibilities frontier are equally efficient in terms of productive efficiency.
At Point A in the production opportunities graph shown above, the economizing is not using its resources efficiently.
Are all points in the production possibilities frontier equally efficient?Not all points on the curve are Pareto efficient, however; only in the case where the frontier rate of conversion is equal to all consumers' marginal rate of substitution and hence equal to the percentage of prices will it be unthinkable to find any trade that will make no customer worse off. The PPF indicates that the production of one thing may improve only if the production of the other commodity subsides.
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ap gov frq our politicians have aggressively pursued a policy of globalization – moving our jobs, our wealth and our factories to mexico and oversea
"Our politicians have aggressively pursued a policy of globalization—moving our jobs, our wealth, and our factories to Mexico and overseas. Globalization has made . . . politicians very wealthy. But it has left millions of our workers with nothing but poverty and heartache." Three models of representative democracy that have been used to describe American democracy are participatory, pluralist, and elite.
In a democracy, the populace has the power to decide on legislation and conduct deliberations. The first democracies were established by the ancient Greeks. The Greek words for people (demos) and rule (kratos) are where the word "democracy" originates. Supporting democracy helps build a more secure, stable, and prosperous global environment where the United States can advance its national interests in addition to advancing such core American values as worker rights and freedom of religion. Democratic Principles The principles or ideals that define a fair society, such as democratic rule of law, freedom of speech, equality before the law, and social justice.
Note that the full question is:
Describe the model of democracy that is best represented in the quotation. The elite model, in which the elites have a disproportionate amount of influence in the policy-making process "Our politicians have aggressively pursued a policy of globalization—moving our jobs, our wealth, and our factories to Mexico and overseas. Globalization has made . . . politicians very wealthy. But it has left millions of our workers with nothing but poverty and heartache." —Donald Trump, 2016
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select the functions from the following list that could belong to an adt. (hint: ask yourself if these methods belong in an idealistic adt, i.e. one truly meeting the adt design rule.)
The following capabilities belong to an ADT, but now not all idealistic ADTs are immutable-Account ADT Accepts an int and sets the account opening year to that set yr(int yr)Queue ADTSets the queues internal ArrayList to the given ArrayList set contents ArrayList contents.
These techniques above are within the idealistic ADT. due to the fact, that idealistic ADTs are mutable. If a summary records type is mutable then we are able to trade the objects of its kind and if it's miles immutable then we cannot exchange its item. means to formally outline the behavior of a software machine or a module, and form the basis for testing an implementation.
ADTs are a theoretical idea, in computer technological know-how, used inside the layout and evaluation of algorithms, facts structures, and software program structures, and do not correspond to precise features of pc languages mainstream laptop languages do now not without delay guide formally unique ADTs.This element describes the structure of the data used inside the ADT in a casual manner. Operations: This part describes valid operations for this ADT, hence, it describes its interface.
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according to the law of supply: group of answer choices there is an inverse relationship between price and the quantity supplied. there is a direct relationship between price and quantity demanded. there is a direct relationship between price and the quantity supplied. there is an inverse relationship between price and quantity demanded.
Answer:
there is a direct relationship between price and the quantity supplied.
Explanation:
If price rises, supply will rise because suppliers will see the opportunity to earn more profit.
If price falls, supply will fall due to low opportunity of profit to the suppliers.
once the appraiser has considered the three methods of valuation of real estate, the final step in the appraisal process is
The subject property and the dependability, quality, and amount of the data used in the methods to value are taken into account in the appraisal process' last step, which also involves analysis.
What is the objective of analysis?
Breaking down a complicated subject or thing into simpler components to better understand it is the process of analysis. Analysis as a formal idea is a relatively new discovery, yet the technique has been used in the study of mathematics and logic since before Aristotle (384–322 B.C.).
What is analysis and what types are there?
Descriptive analysis neatly presents your data and provides a summary of the available data. You can learn more about correlations and relationships between your data's variables by using exploratory data analysis. With a smaller sample size of data, inferential analysis can be used to generalize to a larger population.
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a orientation helps to redefine the marketers’ focus by encouraging them to broadly consider those entities most impacted by the marketers’ actions. those entities include employees, suppliers, regulators, shareholders, customers, and the community.
A stakeholder orientation allows redefining the marketers’ focus by encouraging them to widely not forget those entities most impacted through the marketers’ moves. the one's entities include employees, providers, regulators, shareholders, customers, and the network.
A marketer is someone who promotes an organization's products and services. They parent out the strategies which could increase sales and sales whilst making sure these techniques are aligned with the wishes of the customers in addition to the market call. entrepreneurs are chargeable for growing and executing techniques to sell manufacturers, products, and services, maximizing profits for the enterprise. They monitor trends and increase pricing strategies and advertising campaigns.
Good marketers are strategic with their time and sources, especially when you consider that there are a lot of one-of-a-kind channels to apply and types of content to provide. they are also astute leaders, driving enterprise increase while they specialize in information and creativity, balancing more than one channel and operating in a quick-paced environment.
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you have won a windfall of $ 8829 but unfortunately you are going to receive the money in 9 years. what this windfall worth to you today, if: a) the interest rate is % per year?
What is blown away by the wind is an unexpected, worthless, or sudden profit or advantage. The annual interest rate is the annual interest rate, assuming interest is compounded each year. For example, a $10,000 loan with an annual interest rate of 5% will cost you $500. The annual interest rate is applicable only to the principal loan amount.
Loan interest rates are usually quoted at an annual rate known as the Annual Rate (APR). Interest rates may also apply to amounts earned from bank or credit union savings accounts or certificates of deposit (CDs).
Interest is the amount a lender charges a borrower in addition to the principal amount. In terms of recipients, those who deposit money in a bank or financial institution also get an additional income known as interest received from the depositor, given the time value of the money.
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joe runs a landscape company and uses one of the bedrooms in his home as a home office this office could be used to earn rental income from college students average rental income and joe's neighborhood were to rise
joe's opportunity cost of using a bedroom as a home office would increase.
What is opportunity cost?Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. Opportunity costs are by definition invisible, making it simple to ignore them. Making smarter decisions requires an understanding of the possible possibilities lost when a company or person choose one investment over another.
What is the difference between opportunity cost and risk?
The main distinction between the two is that opportunity cost compares an investment's actual performance to another investment's real performance whereas risk compares an investment's actual performance to the predicted performance of the same investment.
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16. I want to start my own business and had to borrow $7,000 from the bank. The bank charges a 6% interest rate on the loan. The interest will be compounded once a year. I determined it will take me 2 years to pay off the loan. What is the total amount I will have to pay back to the bank?
It is given that a loan of $7000 is borrowed from the bank with 6% of Interest Rate for 2 years.
Now, the total payback to the bank can be calculated by:
[tex]A=P(1+\frac{r}{n})^{nt}[/tex]
where A = amount to be paid,
P = loan amount,
r = interest rate,
n = number of compounding periods
t = time
Putting the given values in the equation, we get
[tex]A=7000(1+\frac{0.06}{1})^{1*2}[/tex]
[tex]A=7000(1.06)^{2}[/tex]
[tex]A=7000(1.12)[/tex]
A = $7840
Therefore, the total amount that will have to payback to the bank is $7840.
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If the equilibrium price of solar panels is $200 per panel, but a price ceiling of $150 per panel is imposed, what happens to the market for solar panels?.
In this situation, there will be a shortage of product.
What is Economics?It is defined as a science that studies the analysis of resources, such as natural and monetary resources, in order to create wealth, consumption of goods and services, to meet human needs.
If the equilibrium price of the panels is $200, but a ceiling price of $150 is imposed, this will generate an increase in demand and a decrease in supply in the market, which will cause the product to disappear in the market, creating scarcity.
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Why is government taught to every high school senior
Answer: history repeats itself.
Explanation: It is the government's attempt to either turn US people against each other. OR it's the government's way of trying to keep us from making past mistakes again. it depends on who you ask really. Also, to teach you how the world used to work vs. how it works now.
rankings as well as word of mouth from satisfied customers drive additional sales for automotive companies. however, because this orientation uses an aggressive marketing style, the main problem with a is that there is a lack of understanding of what customers want and need. the customer is not in charge.
So, A has to apply for Sales Orientation Strategy.
All a deals situated with Sales Orientation is one in which an organization concentrates it's showcasing endeavors on selling the item that they produce. This procedure is viable for organizations that sell 'unsought' merchandise, for example, internment plots and disaster protection(life insurance), and yet can be hazardous for other people.
So, If A company start focus 100% on their marketing strategy they definitely achieve more and more customer for their Automotive company and it creates the best Ranking and good or excellent Word-of-Mouth.
Word-of-Mouth showcasing is the point at which a customer's advantage in an organization's item or administration is reflected in their day-to-day dialogues.
Rankings in Web optimization allude to a site's situation on the web crawler results page.
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given an initial 60 billion dollar budget, how much would a 3% annual productivity improvement save over ten years? how much less would the 10th year ...
$15,754,552.39 less would be the 10th year in comparison to the 60 billion.
What is comparison?
Comparison, often known as comparing, is the process of determining how much the relevant, comparable properties of two or more items are similar, distinct, and one another. When characteristics vary, it is possible to examine the differences to determine which feature is best for a certain application. A comparison describes the differences and resemblances between two objects. Anything that is being compared must have sufficient qualities in common with the other object to be useful. The phrase "comparing apples and oranges" refers to the attempt to compare two objects that are too dissimilar to be usefully compared. The use of comparison is pervasive in society, science, and the arts.
Explanation:
Initial value of the budget= $60 m
Growth rate= -3%
Value after 10 years= Initial value*(1+g)^n
=60*(1-3%)^10
=60*0.7374241269
=44.24544761 million
=44245447.61
Amount saved= $60000000- 44.24544761
=60000000-44245447.61
=$15,754,552.39
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pete jackson purchased office equipment costing $3,000 for his business and paid immediately. record this transaction in the accounting equation by: multiple choice question. increasing equipment; increasing revenues decreasing cash; increasing equipment increasing cash; increasing equipment increasing cash; increasing expenses
Based on the fact that Pete Jackson purchased office equipment and paid it immediately, the effect on the accounting equation is decreasing cash; increasing equipment.
What happens when equipment is purchased and paid for?When equipment is purchased, this is regarded as an asset. The equipment account will be debited and increased to show that more equipment has been acquired.
Cash will however be decreased because the equipment was only purchased thanks to cash being spent.
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captivating inc. is a motivational consulting business. at the end of its accounting period, may 31, 20y2, captivating inc. has assets of $798,640 and liabilities of $252,370. using the accounting equation and considering each case independently, determine the following amounts:
The Stockholders’ equity as of October 31, 20Y2 is: $546,270.
Stockholders’ equityUsing this formula
Stockholders’ equity =Assets - Liabilities
Where:
Assets= $798,640
Liabilities= $252,370
Let plug in the formula
Stockholders’ equity =$798,640-$252,370
Stockholders’ equity =$546,270
Therefore the Stockholders’ equity as of October 31, 20Y2 is: $546,270
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The complete question is:
captivating inc. is a motivational consulting business. at the end of its accounting period, may 31, 20y2, captivating inc. has assets of $798,640 and liabilities of $252,370. using the accounting equation and considering each case independently, determine the:
Stockholders’ equity as of October 31, 20Y2.
paradigm media is a company run by a group of new media professionals. the owners of the company do not have any personal liability and file taxes based on individual income.
An organization called Paradigm Media is administered by a group of experts in new media. The company's owners file taxes based on their individual income and are not personally liable. It was a Limited liability partnership/corporation.
What is the main purpose of an LLP?The flexibility of a partnership and the limited liability of a company are combined in an alternative type of corporate business structure known as an LLP. Even if the LLP's partners change, it will still exist. It is able to enter into contracts and own property under its own name.
One type of partnership structure that limits some participants' personal liability is the limited partnership (LP). Each partner in a general partnership is nonetheless personally liable for the debts and obligations of the partnership.
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Your Question was incomplete most probably your full question was:
Paradigm media is a company run by a group of new media professionals. The owners of the company do not have any personal liability and file taxes based on individual income. What type of business is this?
Limited liability partnership/corporation
consider the domino’s "pizza turnaround" case study you read in this lesson. based on its actions, which of these things would domino’s be most likely to do next? offer loyal customers coupons for free pizza ask its customers for unique topping suggestions promise to deliver customer’s pizza faster create a convenient online pizza ordering system
Things domino’s most likely to do next ask its customers for unique topping suggestions.
A customer is a person or commercial enterprise that purchases any other company's goods or services. Customers are important because they force revenues; without them, businesses can't continue to exist.
Regardless of what industry you are in or what styles of products and services you promote, your purchaser is the maximum critical part of your business. Without the customer, you do not see any sales. As a result, they may be a critical aspect while developing your advertising messaging and approach.
The key to the right customer support is constructing the right relationships with your clients. Thanking the customer and promoting a tremendous, useful, and friendly environment will ensure they leave a great impression. A satisfied purchaser will return regularly and is probably to spend extra.
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which area in exhibit 9-17 represents deadweight loss under monopoly with perfect price discrimination? area a
There is no loss of deadweight.
WHAT IS DEADWEIGHT LOSS?
The gap between the production and consumption of any given good or service, including taxes, is referred to as deadweight loss in economics. Deadweight loss is most frequently detected when the quantity generated compared to the quantity consumed deviates from the ideal surplus concentration. This discrepancy in the amounts represents the quantity that is being wasted or not being consumed, causing a loss. As a result, both producers and consumers are to blame for this "deadweight loss" since neither group benefits from the excess of total production.
Deadweight loss brought on by a rigid price cap. Despite the fact that the consumer surplus may or may not rise, the production surplus always declines.
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the city council is considering a new ordinance to require stores to provide reusable bags and eliminate disposal paper or plastic bags. in determining whether to pass the law, the city council obtained an estimate for the expense stores would incur in offering reusable instead of disposable bags. they also obtained an estimate for the savings which would result from not having to clean up litter from disposable bags. finally, they consulted with an environmentalist to assess the positive impact that phasing out bags would have, including enhanced safety for local wildlife. in deciding whether to pass the law, the council relied on:
Cost-benefit analysis entails totaling up all expenses associated with a project or decision and deducting that sum from all anticipated benefits. (This value is sometimes shown as a ratio.)
What is a cost-benefit analysis?Comparing the anticipated or predicted costs and benefits (or opportunities) connected with a project choice in order to assess whether it makes sense from a business standpoint is known as a cost-benefit analysis.
The type of data-driven decision-making that is most frequently used in business, both at established organizations and startups, is cost-benefit analysis. Whether a decision is made for business purposes or not, it can be made using the basic ideas and framework.
Before making important organizational decisions, conducting this type of analysis has major financial advantages. Analyses allow you to separate out important data, such as the value chain of your company or the ROI of a project.
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which dimension of the triple bottom line seeks to benefit its employees, the local community, and other entities that are impacted by the firm's existence?
Social dimension f the triple bottom line seeks to benefit its employees, the local community, and other entities that are impacted by the firm's existence.
What is social dimension?The term "dimension" can be used to describe a feature, appearance, stage, or situation of something. Social, on the other hand, is what connects society: the group of people who live in the same area and adhere to the same laws.
We can comprehend what the social dimension is thanks to these definitions. This is the term of the group of elements involved in the interactions between people and societal life.
The social component might be seen as having to do with how someone is socialized. Humans are social creatures that rely on others to meet their material and symbolic needs. A person must master all of the social tools that are innate to him in order to fully realize himself.
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during the 2016 presidential campaign, bernie sanders, a democratic candidate, and donald trump, a republican candidate, both denounced nafta as having a negative impact on jobs in the united states. in particular, they cited the impact on manufacturing jobs. free trade agreements may lead to reduced output and the loss of american jobs in certain industries because in industries in which a trading partner has a higher opportunity cost, domestic firms typically gain market share. in industries in which the united states has a comparative advantage, domestic firms typically lose market share. in industries in which the united states has a lower opportunity cost, foreign firms typically gain market share. in industries in which a trading partner has a comparative advantage, domestic firms typically lose market share.
In industries in which a trading partner has a comparative advantage, domestic firms typically lose market share.
What is a market share?Market share is the portion of a company's business that represents the entire revenue or sales in a market. For instance, if an industry sells 50,000 units annually, a company selling 5,000 of those units would hold a 10% share of the market.
"Because this will show if expectations are to be met by growing with the market or by stealing share from competitors, marketers need to be able to translate and incorporate sales targets into market share. The latter is usually always more challenging to accomplish. Market share frequently influences strategic or tactical action and is regularly watched for any indications of shifts in the competitive environment."
Explanation:
(i)A free trade agreement is a pact between two or more nations to lower export and import restrictions between the parties.
(ii)Free trade agreements may result in decreased output and the loss of American jobs in some sectors since domestic companies often lose market share in sectors where a trading partner has a comparative advantage.
(iii)This means that the trading partner can create the goods at the lowest opportunity cost if it possesses comparative advantage methods. As a result, the trading partner nation produces a greater number of commodities at the lowest possible cost, increasing the likelihood of trade. As a result, it lowers American production, which results in the loss of market share and jobs for Americans in several industries.
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bob's bakery receives its utility bill of $800 for the month and pays it immediately. record this transaction in the accounting equation.
If bob's bakery receives its utility bill of $800 for the month and pays it immediately. The transaction in the accounting equation is: Increase Expenses and decrease Cash.
Accounting equationThe transaction when recorded using accounting equation will lead to Increase in Expenses and decrease in Cash.
Expenses will increase because paying for utility bill is an expenses while the cash will decrease because the company is paying for the utility using cash. Expenses does not increase cash but rather reduce cash while revenue increase cash.
Accounting equation
Increase Expenses $800
Decrease Cash $800
Therefore If bob's bakery receives its utility bill of $800 for the month and pays it immediately. The transaction in the accounting equation is: Increase Expenses and decrease Cash.
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the ratio, or current assets divided by current liabilities, is used to evaluate a company's ability to pay its short-term obligations.
The current ratio considers a company's ability to pay its short-term liabilities with its current investments. The quick ratio calculates a company's liquidity established only on assets that can be converted to money within 90 days or less.
What is the ratio between current assets and current liabilities called?The current ratio, also named the working capital ratio, is a liquidity ratio used to calculate a business's ability to fulfill its short-term liabilities. It reaches the firm's current assets to its current liabilities. A liquidity ratio is used to determine a company's capacity to pay its short-term debt commitments. The three major liquidity ratios are the current ratio, quick ratio, and cash ratio.
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uninsured drivers become subject to license and vehicle registration suspension when accident damages amount to: $25 to property of one person at least $1000 to property of one person $50 to property of one person $100 to property of one person submit answer
When accident damages total at least $1000 to one person's property, uninsured drivers' licenses and vehicle registrations are suspended.
Unlicensed drivers are unapproved for a reason. Unlicensed drivers have either ignored safety regulations, driven while impaired by alcohol, chosen not to maintain proper insurance coverage, previously posed a substantial risk to others on the road and possibly seriously injuring or killing someone with a moving vehicle, or they have haven't ever received full driver's education covering traffic laws. Simply put, these drivers endanger themselves and others by posing a greater risk to other motorists on the roadway.
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from 7 pm to midnight only percent of the personal and commercial vehicles on the streets and highways are being driven for economic reasons
From 7 pm to midnight only percent of the personal and commercial vehicles on the streets and highways are being driven for economic reasons 80
Therefore the correct answer is 80
What is Economic Reasons?
The increase in production of goods and services from one period to the next is called economic growth. As a result, the prices of these products and services increase, which increases the profits of the companies. It has a snowball effect, often resulting in higher stock prices and more jobs. Both businesses and consumers can invest more money in new projects. As a result, economic growth is one of the most important, if not the most important, indicators. Economists quantify it in nominal or real terms and take inflation into account. A country's Gross Domestic Product (GDP) or Gross National Product (GNP) is a classic way to quantify overall growth (GDP).
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Incomplete Question
Ishan and hazel plan to retire at age 60 with a retirement income of $48,000 a year from their savings. rather than pay themselves the whole amount at the beginning of each year, they have decided that payment at the beginning of each quarter of $12,000 gives them the right balance of flexibility and maximized interest earnings. they feel they can safely earn an interest rate of 6.5%, compounded quarterly, on their money and they are budgeting based on the prediction that they will live until they are 90 years old.
$555,249.96 would be the amount they would need to invest at the start of their retirement period.
At age 60, Ishan and Hazel plan to retire, and they anticipate living until 90.
30 years, in that case.
Quarterly compounded interest of 8% is equal to 8% / 4 or 2% each quarter.
The number of quarters is 120 when 30 years are multiplied by 4.
They anticipate receiving 12,000 at the start of each quarter (48,00 divided by 4 equals 12,000).
$555,249.96 would be the amount they would need to invest at the start of their retirement period.
Retirement decisions are influenced by a variety of circumstances. Education about retirement funding has a significant impact on how well someone experiences retirement. Because most people rely only on Social Security as their main retirement income, Social Security plays a crucial role.
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