Question 12
What are the tools used to implement fiscal policy?

The economic production quantity (EPQ) is a formula used to determine the optimal production quantity that minimizes both holding and ordering costs. The economic production quantity for Race One Motors is 2043.08 units.

In the case of Race One Motors, we need to find the ideal production quantity that will help the company maintain its inventory while keeping its costs at a minimum.

Using the given information, we can calculate the EPQ as follows:
EPQ = sqrt[(2AO) / H]

Where,

A = annual usage rate of subcomponents

O = ordering cost per order

H = holding cost per item per year.

Plugging the values, we get:

EPQ = sqrt[(2 x 31250 x 200) / 6]
EPQ = sqrt[(12500000) / 6]
EPQ = 2043.08

Therefore, the economic production quantity for Race One Motors is 2043.08 units. This means that if the company produces this amount of subcomponents, it will be able to minimize its holding and ordering costs.

It is important for Race One Motors to determine the EPQ because it helps the company to optimize its production and inventory management. By producing the optimal quantity, the company can reduce its holding costs, which include storage, insurance, and handling costs. At the same time, by minimizing the number of orders placed, the company can also reduce its ordering costs, which include administrative and transportation expenses.

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1. Paid Office Station Co. for part of the debt incurred on April 5, $1,200.

Debit: Accounts Payable - Office Station Co.$1,200

Credit: Cash $1,200

2. Provided services on account, $4,200.

Debit: Accounts Receivable $4,200

Credit: Service Revenue  $4,200

To pay off the remaining balance owing to Office Station Co., a debit is sent to the accounts payable account. To account for the cash outflow, the Cash account is credited. This journal entry records the settlement of a portion of the debt incurred on April 5 with Office Station Co.

The acknowledgment of revenue for services rendered to a client on the account is represented by this journal entry. To reflect the increase in the amount due by the client, the Accounts Receivable account is debited.

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The complete question is probably

Write journal entries

12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.​

The appropriate value of the correlation between time and cost for the international calls is 1.

Explanation:

The correlation coefficient (r) measures the strength and direction of the linear relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation, 1 indicates a perfect positive correlation, and 0 indicates no correlation.

In this case, the cost of an international call is directly proportional to the time of the call. This means that as the time of the call increases, the cost also increases at a constant rate. Therefore, the correlation between time and cost for the international calls is 1, indicating a perfect positive correlation.

Here's the formula for the cost of an international call:

Cost = $1 + ($0.02 × time)

The $1 is a fixed fee for each call, and the $0.02 is the rate for each second of talk time. So, for each additional second of talk time, the cost increases by $0.02. This shows a direct relationship between time and cost, resulting in a correlation of 1.

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Answer:

The correct answer is D)

Risk due to a sudden surge in liability withdrawals.

Explanation:

In banking terms, this simply refers to the inability of the bank to meet with its financial responsibilities in the near term.

When a bank has excess capital tied down in the form of loans which have been collateralised, the physical assets upon the default of the loans become assets to the bank. Its liabilities to the depositors which are still in existence have to be met. If at any point in time the bank is unable to meet its liability to depositors and is also unable to quickly convert the assets, then it is said to be exposed to the risk of liquidity.

Cheers!

Answer:internet businesses are often called Ecommerce businesses

Explanation:

Mr. Bergh asked his managers about the pros and cons of the business to gather valuable insights, encourage collaboration, and enhance organizational performance, making it an effective communication approach from a leadership perspective.

Mr. Bergh likely asked his managers questions about the pros and cons of the business to gain valuable insights and feedback from those who have a deep understanding of the organization's operations. By seeking input from the top 60 managers, he could gather a comprehensive perspective on the strengths and weaknesses of the business.

In his interview process, Mr. Bergh was likely attempting to retrieve information about various aspects of the business, such as identifying areas of improvement, understanding challenges faced by the managers, exploring potential opportunities, and gathering ideas for strategic decision-making.

By asking specific questions, he could assess the managers' knowledge, critical thinking, and problem-solving abilities. The goal would be to obtain actionable insights that could inform the company's future direction and enhance its performance.

From a leadership perspective, this approach can be highly effective. Engaging with managers and soliciting their opinions demonstrates a collaborative and inclusive leadership style.

It empowers managers by involving them in decision-making processes and signaling that their expertise and perspectives are valued. It also fosters a culture of open communication, encourages creativity, and enables the organization to tap into the collective intelligence of its top management.

However, the effectiveness of this approach depends on the receptiveness of the managers, the level of trust and psychological safety within the organization, and how the collected feedback is utilized.

It is essential for leaders to create an environment where managers feel comfortable expressing their views and ensure that the information gathered is acted upon or considered in decision-making processes. Regular and transparent communication should follow to close the feedback loop and demonstrate a commitment to continuous improvement.

In summary, asking managers about the pros and cons of the business and conducting interviews can be an effective way for a leader to gather valuable insights, foster collaboration, and enhance organizational performance when accompanied by a supportive leadership style and a commitment to act upon the feedback received.

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Answer:

Business security refers to the measures and procedures put in place to protect a company's assets, employees, and clients from various threats, both internal and external.

Here are some ideas of security in business:

1. Physical security: Physical security involves measures put in place to protect the physical assets of a business such as buildings, equipment, and inventory. Physical security measures may include the use of surveillance cameras, alarms, security personnel, and access controls.

2. Information security: Information security refers to the protection of sensitive information such as customer data, financial information, and trade secrets. Information security measures may include the use of firewalls, anti-virus software, encryption, and password protection.

3. Cybersecurity: Cybersecurity involves protecting a business's digital assets such as networks, computers, and software from cyber-attacks and unauthorized access. Cybersecurity measures may include the use of firewalls, anti-virus software, data encryption, and regular software updates.

4. Personnel security: Personnel security involves screening employees, vendors, and contractors to ensure that they do not pose a risk to the company's assets, clients, or reputation. Personnel security measures may include background checks, drug testing, and security clearances.

5. Emergency preparedness: Emergency preparedness involves preparing for and responding to emergencies such as natural disasters, accidents, and security breaches. Emergency preparedness measures may include emergency drills, evacuation plans, and crisis management teams.

Overall, implementing these security ideas can help a business to minimize risks and protect its assets, employees, and clients.

Explanation:

Answer:

Security is an important aspect of any business, as it helps to protect the company's assets, employees, and customers from harm. In the world of business, security refers to the measures taken to prevent theft, fraud, vandalism, and other types of criminal activity.

Security is an important aspect of any business, as it helps to protect the company's assets, employees, and customers from harm. In the world of business, security refers to the measures taken to prevent theft, fraud, vandalism, and other types of criminal activity.The idea of security in business involves creating a safe and secure environment for all stakeholders by implementing security measures such as access control, surveillance, and physical security. Business owners need to consider the potential risks and threats to their business and take measures to mitigate them.

Security is an important aspect of any business, as it helps to protect the company's assets, employees, and customers from harm. In the world of business, security refers to the measures taken to prevent theft, fraud, vandalism, and other types of criminal activity.The idea of security in business involves creating a safe and secure environment for all stakeholders by implementing security measures such as access control, surveillance, and physical security. Business owners need to consider the potential risks and threats to their business and take measures to mitigate them.In addition to physical security, cybersecurity is also a critical aspect of business security. With the increasing use of technology in business operations, companies are vulnerable to cyber attacks that can compromise their data and sensitive information. Therefore, businesses need to have robust cybersecurity measures in place to protect against cyber threats.

Security is an important aspect of any business, as it helps to protect the company's assets, employees, and customers from harm. In the world of business, security refers to the measures taken to prevent theft, fraud, vandalism, and other types of criminal activity.The idea of security in business involves creating a safe and secure environment for all stakeholders by implementing security measures such as access control, surveillance, and physical security. Business owners need to consider the potential risks and threats to their business and take measures to mitigate them.In addition to physical security, cybersecurity is also a critical aspect of business security. With the increasing use of technology in business operations, companies are vulnerable to cyber attacks that can compromise their data and sensitive information. Therefore, businesses need to have robust cybersecurity measures in place to protect against cyber threats.Overall, the idea of security in business is to create a safe and secure environment for all stakeholders, protect the company's assets and information, and ensure business continuity. By implementing appropriate security measures,

Explanation:

Hope it Helps

At profit maximization, the value of q1 = 30 -1/3q2

In order to identify the output level that will garner the most profit for a business, its management should determine where marginal revenue and marginal cost converge.

Marginal revenue is the additional amount of income produced with the sale of one more product while the marginal cost refers to the expenses incurred upon adding another item to the production cycle.

The point at which marginal revenue and marginal cost meet is deemed to be the profit-maximizing output level - the highest degree of profits obtained by the firm.

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Answer: true

Explanation:

i sorta just guessed

Rodenstock used the economic order quantity for order instead of their current policy P 90. Thus, option (b) is correct.

The term economic refers to the process of production, distribution, and consumption activities. The main components of economies are products and services. The primary sector of the economy is the industrial sector.

EOD = \(\sqrt{2DS/H}\)

D = 20,000 units (Annual demand in units)

S = $10 (cost per order)

H = $1.00 x 10% = $0.10 (Carrying cost per unit per year)

EOD = \(\sqrt{2DS/H}\)

EOD = \(\sqrt{2 * 20,000 * $10/$0.10}\\\)

EOD = 2000 units

Quantity per order                   EOQ

5,000 units                               2,000 units

(20,000 units / 4)

Number of orders                     EOQ

4                                                  10

                                                 (20,000 units / 2,000 units)

Ordering cost                           EOQ

$40                                            $100

(Cost per order x Number of orders)          EOQ

($10 x 4)                                               ($10 x 10)

Annual carrying cost                              EOQ          

$250                                               $100

(Carrying cost per unit x Quantity per order / 2)       EOQ

($0.10 x 5,000 / 2)                                                ($0.10 x 2,000 / 2)

Total inventory cost                                     EOQ

$290                                                                    $200

($40 + $250)                                                  ($100 + $100)

Rodentstock used the economic order quantity for order sizes instead of their current policy:

= $290 - $200

= $90

As a result, the conclusion of the Rodenstock used the economic order quantity for order instead of their current policy are the aforementioned. Therefore, option (b) is correct.

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Answer:

True

Explanation:

If you enter a credit card for a free trial, the card will likely be automatically charged because you have agreed to have your card charged immediately after the free trial period.

Hope this helps! Let me know.

Answer:

Deductible

Explanation

The correct option is B. Plan category, the plan covers dependents, and deductibility is the factor that influences the premiums of health insurance.

Medical and health-related costs are covered by a specific type of insurance called health insurance. Routine care, emergency care, and treatment for long-term illnesses are all partially or fully covered by health insurance.

Thus, there are many other factors that influence the health insurance premiums such as age, smoking status, region, type of plan, and if dependents are covered by the policy.

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Answer: Generally have managers with diverse backgrounds in culture, education, end country of origin. AND Can influence national politics and cultures.

Explanation:

Usually have managers with a variety of cultural, educational, and national origin backgrounds who can have an impact on national politics and cultures.

Politics is a category of activities that are related to group decision-making or other types of power dynamics between people, such as the allocation of resources or status. A political system is a framework that outlines socially accepted political practices.

The national politics is the same underlying polity that all of the aforementioned types of government are variations on. While the Montevideo Convention maintains that nations must have a defined area, a permanent population, a government, and the ability to engage in international relations, Max Weber defined the state as a political body with a monopoly on violence inside its territory.

A society without a state is one that is run by no state. There is little concentration of power in stateless societies; the few positions of power that do exist tend to have very little influence and are typically not retained for life; and social entities that settle conflicts through established rules are typically small.

The economic structure and cultural norms of stateless communities vary widely. The majority of the world's population now lives within the borders of a sovereign state, unlike human prehistory, when stateless communities were the norm. Some areas may have very weak and ineffective nominal governmental officials who have little to no real power. The majority of stateless peoples have blended into the state-based communities surrounding them over history.

Political culture explains how national politics are influenced by culture. Every political structure is intertwined with a specific political culture. Political culture is the body of attitudes, convictions, and feelings that provide political processes structure and meaning as well as the fundamental presumptions and guidelines that direct behavior inside the political system.

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All of these are factors that could cause the project to be unsuccessful EXCEPT necessary skills required for potential projects are not available internally and not easily acquired.

SWOT analysis is a technique used in project management to evaluate a project's advantages, disadvantages, opportunities, and threats. It aids stakeholders in deciding which project components to concentrate on as well as any dangers to prepare for.

By choosing the appropriate projects, setting work priorities, and allocating necessary resources, portfolio management works in accordance with organizational strategies.

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Answer:

A

Explanation:

Answer:

D. An increase in the price of a substitute

Explanation:

The law of demand states that as the price of a product of good rises, the quantity demanded for that good or product falls; conversely, if the price of a product or good falls, then the quantity demanded for that good rises.

Given the inverse relationship between the price of a good and the quantity demanded for that good, then its graph will show a downward-sloping demand curve.  

A change in demand represents the leftward- or rightward-shift of the entire demand curve. This may be caused by the following factors:

Substitutes: two similar goods that fulfill about the same needs or wants of the buyers.

Examples of substitute goods:  Coca-Cola and Pepsi, butter and margarine.  

Complements: these are two goods that are consumed together. When the price of one good goes up, the demand for the complement good declines.

Examples of complements: Tennis racket and tennis ball, ink cartridge and printers.

If the price of one good rises, then the buyers will demand more of the substitute good with a lower price. This causes a rightward-shift on the demand curve of that substitute good.      

This description matches Option D:  an increase in the price of a substitute.

Based on the information given, the corporate bond will be recommended for Mr. Brown while the municipal bond will be recommended for Mr Black.

Mr Brown:

The after-yield tax on corporate bonds will be:

= Before tax yield × (1 - tax rate)

= 4% × (1 - 0.10)

= 3.60%

After tax yield on municipal bond will be:

= 3.5% × 1 = 3.5%

The corporate bond is recommended.

For Mr. Black

The after-yield tax on corporate bonds will be:

= 4% × (1 - 0.35)

= 2.60%

The after-yield tax on municipal bonds will be:

= 3.5% × 1

= 3.5%

Therefore, the municipal bond is recommended.

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Answer:

A) Identify the problem is the correct answer.

Explanation:

The scientific method is a systematic approach to solving problems and answering questions that involves the following steps:

Identify the problem: This is the first step in the scientific method and involves identifying a problem or question that needs to be addressed. In the case of a cosmetologist trying to determine what is behind a client's issue, this step would involve identifying the specific problem that needs to be addressed, such as a particular skin condition or hair issue.

Develop a hypothesis: After the problem has been identified, the next step is to develop a hypothesis, or an educated guess, about what might be causing the problem.

Test the hypothesis: The third step involves conducting experiments or observations to test the hypothesis.

Analyze the results: This step involves analyzing the data collected during the testing phase to see if the hypothesis was supported or not.

Draw conclusions: Based on the analysis of the results, the final step is to draw conclusions about the problem and communicate the findings to others.

Therefore, the step of the scientific method that involves a cosmetologist trying to determine what is behind a client's issue that needs to be addressed is A) Identify the problem.

When there is strong investment demand, the market value is usually higher than the intrinsic value, resulting in possible overvaluation. If there is a lack of investment demand, the company may be undervalued.

An asset's intrinsic value is a measure of its worth. This metric is determined by an objective calculation or a complex financial model. The intrinsic value of an asset differs from its current market price. Comparing it to the current price, on the other hand, can help investors determine whether the asset is undervalued or overvalued.

Cash flow is used in financial analysis to determine the intrinsic, or underlying, value of a company or stock. In option pricing, intrinsic value is defined as the difference between the option's strike price and the current market price of the underlying asset.

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Answer:

D  Trade helps them obtain goods they cannot produce as efficiently

as other countries.

Trade helps countries obtain goods they cannot produce as efficiently as other countries which is a reason countries are motivated to trade with one another. The correct option is D

Trade is crucial for maintaining a competitive global economy and helps to drive down worldwide product prices by promoting innovation and specialization in markets. Access to goods and services that may be more affordable and of higher quality than those available domestically is another benefit of trade.

By trading, countries can specialize in producing goods and services that they are good at and import goods that they cannot produce efficiently or do not have in sufficient quantities. This increases the efficiency of production and availability of goods, leading to economic growth and higher standards of living for people in trading countries.

Thus, the ideal selection is option D.

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Answer:

B. the table was also changed.

Explanation:

Took the test

Answer:

I spend the majority of my money on my children and I think they deserve it

The function of a financial planner is to help individuals or organizations define and reach their financial goals through a variety of services, including budget planning. So, correct option is D.

Unlike an investment advisor who is primarily focused on managing investments, a financial planner takes a more holistic approach to a client's financial well-being. They work closely with clients to understand their current financial situation, identify their goals and objectives, and develop a personalized financial plan to achieve those goals.

Financial planners do not share in the profit or loss of their clients' investments, nor do they aim to convince their clients to purchase specific stocks. Instead, they provide unbiased advice and recommendations based on their clients' individual needs and objectives.

Ultimately, the goal of a financial planner is to help clients achieve financial security and success by providing expert guidance, ongoing support, and customized solutions to meet their unique financial needs.

So, correct option is D.

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Answer:

January = $152,550

February = $251,550

March = $304,875

Explanation:

To Compute cash collections from customers follow the given collection history closely :

Month`s receipts = Cash Collected in Month of Sale (75%) + Cash Collected in Month After Sale

Cash Collection Schedule

Month                                               January     February    March

In Month of Sales                           $152,550  $200,700  $237,975

Month After Sale                                    $0       $50,850   $66,900

Total                                                $152,550   $251,550  $304,875

Answer:

Lorge Corporation

Contribution margin for the current year

= $315,000 ($3 per unit)

Contribution margin for the proposed year = $346,500

Fixed costs for the current year = $473,100

Break-even units = 157,700 units

Break-even sales dollars = $2,365,500

Explanation:

a) Data and Calculations:

Sales revenue = $1,575,000  

Sales units = 105,000 units

Sales price per unit = $15 ($1,575,000/105,000)

                                                  Total        Variable               Fixed

Selling expenses =            $250,000     $100,000 (40%)   $150,000 (60%)

Direct materials                  $606,100       606,100

Direct labor                       $250,000       250,000

Administrative expenses $270,000          54,000 (20%)    216,000 (80%)

Manufacturing overhead $357,000       249,900 (70%)      107,100 (30%)

Total costs                       $1,733,100  $1,260,000              $473,100

Contribution margin for the current year = $315,000 ($1,575,000 - $1,260,000)

= $3 per unit

Unit sales = 115,500 (105,000 * 1.1)

Sales revenue = $1,732,500

Variable costs      1,386,000 ($15 - $3)

Contribution margin for the proposed year = $346,500 ($3 * 115,500)

Fixed costs for the current year = $473,100

Break-even units = $473,100/$3 = 157,700 units

Break-even sales dollars = $473,100/0.2 = $2,365,500

Answer: B - they show how producing one product affects production of another.

Explanation: Uses comparative advantage to allocate production factors, thus obtaining better efficiency

Answer:

D

Explanation:

Understanding entrepreneurship is important for investors, as it helps them evaluate investment opportunities and make informed decisions.

Even if an investor is not interested in owning their own business, understanding entrepreneurship is still essential. It allows investors to assess the potential of entrepreneurial ventures they may invest in, evaluate the skills and capabilities of entrepreneurs, and make informed investment decisions.

Understanding entrepreneurship helps investors navigate the business landscape, identify innovative and profitable opportunities, and comprehend the risks and challenges associated with entrepreneurial ventures, thereby maximizing their chances of making successful investments.

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