The President used "very difficult choices" to explains it is difficult to decide what would be funded and what would be cut
Who used the quote?The quote was used by President Barack Obama during the 2012 Budget Message of the President.
Hence, he explained that it was difficult to decide what would be funded and what would be cut.
Therefore, the Option A is correct.
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Answer:
B. deciding what would be funded and what will be cut
Explanation:
A business's budget estimates yearly sales of $735,650. if the business plans to spend 38%
of sales on salaries and wages and 24% of sales for other expenses, how much should it
budget for total expenses?
o $456,103
o $279,547
o $176,556
o $529,668
The amount that it should budget for total expenses is: $456,103.
Budgeted total expenseUsing this formula
Total expenses=(Yearly sales×38%)+ (Yearly sales×24%)
Let plug in the formula
Total expenses=$279,547+$176,556
Total expenses=$456,103
Therefore the correct option is A.
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Select the correct answer.
Which equation is the correct fundamental accounting equation?
OA owner's equity = liabilities -assets
OB.
assets liabilities - owner's equity
=
OC. assets = liabilities + owner's equity
O D.
assets + liabilities = owner's equity
Answer:
Assets=liabilities+owner's equity
NEED HELP ASAP! WILL GIVE BRAINLIEST TO GOOD ANSWER
For business paper 2, what do I need to revise and can anyone give me tips?
Answer:
effective way to revise for Business. ...
Mind Maps. Mind maps allow you to organise information better visually, through the use of branches and sub-branches. ...
The right environment. ...
Study buddy. ...
The final step in the portfolio management process is most likely to include: investment research. portfolio construction. evaluation of portfolio per
The evaluation of portfolio is the final step in the portfolio management process.
What is a portfolio management?This refers to the process of selecting group of investments that meet a firm's long-term financial objectives.
The steps of a portfolio management includes:
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Why should investors know the difference between nominal and real interest rates?.
Why should investors know the difference between nominal and real interest rates is: To be able to to recognize the effects of inflation.
Nominal and real interest ratesIt is important or paramount that investors know the difference between nominal and real interest rates as this will enable them to know the effect of inflation which occur when their is increase in the price of goods and service.
Nominal interest rates will help tell investors about the current situation in the market while Real rates will tell investor the returns they can gain so as to increase their capital.
Therefore Why should investors know the difference between nominal and real interest rates is: To be able to to recognize the effects of inflation.
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Products whose demand rises when another product’s price increases are called.
Close Substitutes.
When the price of a commodity rises, the demand for its close substitute is likely to rise because the price of the close substitute remains the same.
Question 1 of 10
In a business cycle, a contraction occurs when:
OA. a period of economic growth reaches its highest point.
B. the economy begins to show growth in key economic indicat
OC. a period of economic decline reaches its lowest point.
D. the economy slows down following a period of growthm
In a business cycle, a contraction take place when there is the economic downturn after the construction of economic growth. Option D is correct.
What is contraction in business cycle?Contraction is defined a diminishing in whole of the economy in the business cycle, it is the 3rd phrase of the business cycle. A contraction happens when the business cycle attains its peak, but before it reaches its trough.
Therefore, option D is correct.
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Select the correct answer from each drop-down menu. which sector dominates developed economies such as the united states? in developed economies such as the united states, the sector dominates the economy. examples include legal firms, , and so on.
Legal firms and hospitals are the that dominates the economy is the consumer service sector.
Which sector dominates developed economies such as the United States?In the Unites State which is a developed country is highly dominated by the service sector, in US about 80% of the country's output. The US service sectors companies are technology, financial services, healthcare and retail, that dominated maximum economy.
Thus, Legal firms and hospitals
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Jim is an accountant who reimburses travel expenses for company employees who have used personal funds for travel. Tom, a company sales rep, has requested a reimbursement for a $200 dinner. However, Tom does not have proper documentation which means the expense cannot be reimbursed. Tom offers to split the reimbursement with Jim, if Jim will approve it without the documentation. Jim should
The inference shows that Jim should reject the reimbursement as confidentially report the incident.
What is an inference?An inference simply means the conclusion that can be deduced based on the information given in a literary work.
In this case, the inference shows that Jim should reject the reimbursement as confidentially report the incident.
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Describe how you learn and adjust when an experience does not turn out as expected.
The best way to learn and adjust to a bad experience is to learn from it and try again.
What is a Learning Experience?This refers to the circumstance or event that occurs that teaches one a (painful) lesson that would give him a better idea of dealing with similar events.
Hence, we can see that when a person has a bad experience, it is important to take the lessons and apply it, so that it would not occur again.
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Define the term teamwork
Answer:
helping and communicating
Explanation:
word done by several associates with each doing a part but all subordinating personal prominence to the effeciency of the whole
hope it helps
source: merriam webster
Answer:
the combined action of groups ,especially when effective and efficient
Which of the following exemplifies a change in buyers' tastes? Multiple choice question. A decrease in national income because of a recession. An increase in demand for digital cameras over 35mm cameras. An increase in the number of buyers in a market. A decrease in the average price of gasoline during the winter.
Answer: An increase in demand for digital cameras over 35mm cameras.
1. Analyze financial statements. 2. Transfer journal entries to ledger 3. Prepare the financial statements. 4. Record transactions in journals. 5. Take a trial balance. 6. Analyze source documents Match each of the options above to the items below. i. Separate purchasing receipts from sales documents. ii. Record financial data. iii. Post individual transactions into a single account. iv. Summarize data in the ledgers. v. Prepare income statement. vi. Evaluate profit/loss of the firm.
Analyze transactions- Post individual transactions into a single account, Transfer journal entries to ledger-Summarize data in the ledgers, Prepare the financial statements-Evaluate profit/loss of the firm, Record transactions in journals--Prepare income statement, Take a trial balance-Record financial data, Analyze source documents- Separate purchasing receipts from sales documents.
What is profit and loss?Profit is the excess amount of the firm, which the business has attended in the financial year of working. I t includes the net profit. Loss is the amount that a firm occurred during a year, it covers the net loss of the firm.
Thus, the statement are matched above.
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In Chile, one worker can harvest 4 pounds of peppers or 4 pounds of coffee beans. In Argentina, one worker can harvest 2 pounds of peppers or 8 pounds of coffee beans. What is the opportunity cost for both countries to harvest another 4 pounds of peppers
Chile- 4 pounds of coffee beans, Argentina - 16 pounds of coffee beans, is the correct solution of the question.
Explanation of the question?It loses 4 pounds of coffee beans if one worker produces 4 pounds of peppers. As a result, if the worker produces 4 pounds extra peppers, 4 pounds of coffee beans will be lost. As a result, the opportunity cost of generating an additional 4 pounds of peppers for Chile is equal to 4 pounds of coffee beans.
Argentina's case:
It loses 8 pounds of coffee beans if one worker produces 2 pounds of peppers.
As a result, if the worker produces 1 pound of pepper, it loses = 8/2 = 4 pounds of coffee beans.
The worker will lose = 4 * 4 = 16 pounds of coffee beans if he produces 4 pounds of peppers.
As a result, the potential cost of producing an additional 4 pounds of peppers for Argentina is 16 pounds of coffee beans.
Thus, it is 4 pounds of coffee beans, Argentina - 16 pounds of coffee beans.
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cash flows earlier in a project's life are more valuable than Blank______ cash flows later on. Multiple select question. Higher; lower Lower; higher Higher; higher Lower; lower
Cash flows earlier in a project's life are more valuable than Higher cash flows later on Lower. Option A. This is further explained below.
What is the project?Generally, the project is simply defined as company that is well organized to accomplish a certain goal.
In conclusion, A project's early cash flows are more valuable than its later cash flows that are higher, but later on.
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Select the correct answer.
Joana volunteers to deliver a last-minute presentation on behalf of her team. Which quality is Joana demonstrating?
A.
confidence
B.
honesty
C.
responsibility
D.
resourcefulness
E.
punctuality
According to the research, Joana is demonstrating responsibility for delivering a last-minute presentation on behalf of her team.
What is responsibility?It is the quality of that individual who fulfills his obligations and assumes the consequences of his acts.
Through it, individuals make decisions consciously and take responsibility for the consequences that may arise from them, in addition, it implies the commitment to fulfill agreements and obligations.
Therefore, we can conclude that according to the research, Joana is demonstrating responsibility for delivering a last-minute presentation on behalf of her team.
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Answer:
i don't think its B C D or E. quite stumped myself.
Explanation:
The __________ market consists of individuals and organizations that want goods and services in order to produce goods and services or to sell, rent, or supply those goods to others.
The B2B market consists of individuals and organizations that want goods and services in order to produce goods and services or to sell, rent, or supply those goods to others.
What is B2B marketing?B2B marketing can be regarded as business-to-business marketing which is a kind of marketing used to focus on other business.
It involves focusing on the process of selling a product or service to a business as well as the affairs of that other business.
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A limit order is an order away from the market price that is held in a ________ until it can be executed at the desired price. Group of answer choices continuous order book limit order book dealer book none of the options
A limit order is an order away from the market price that is held in a limit order book until it can be executed at the desired price.
What is limit order?A limit order refers to the purchase of securities at a well negotiated price, other than the price stated. The limit order places an already known amount before purchasing or selling security.
Hence, a limit order is an order away from the market price that is held in a limit order book until it can be executed at the desired price.
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On October 1, Year 1, Jason Company paid $3,600 to lease office space for one year beginning immediately. What is the cash outflow for rent that would be reported on the Year 1 statement of cash flows
The cash outflow for rent that would be reported on the Year 1 statement of cash flows is $2,700
What is cashflow?This is the amount of cash , which a company receives or gives out by the way of payments to its creditors.
Though the amount paid was paid on October 1, Year 1 it will only be expensed from October to December for year 1.
The duration of the payment is 12 months, hence
Monthly amortization
= $3,600 / 12
= $300
Rent expense for year 1
= $300 × 3
= $900
The ending balance in the prepaid rent account will be
= $3,600 - $900
= $2,700
This will be the cash outflow for rent that would be reported on the Year 1 statement of cash flows.
Hence, the cash outflow for rent that would be reported on the Year 1 statement of cash flows is $2,700
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Accounting information is categorized as inputs, processing, or outputs. Select the appropriate category for each type of accounting information listed. 1. Sales Documents (Click to select) 2. Journal Entries (Click to select) 3. Payroll Records (Click to select) 4. Travel Records (Click to select) 5. Income Statement (Click to select) 6. Posting to Accounts (Click to select) 7. Balance Sheet (Click to select) 8. Summarizing Accounts (Click to select) 9. Statement of Cash Flows
There are various accounting information which can be grouped under input, processing and outputs.
Correct grouping of accounting information1.) Sales Documents: Processing
2. Journal Entries: inputs
3. Payroll Records: inputs
4. Travel Records: outputs
5. Income Statement: outputs
6. Posting to Accounts: outputs
7. Balance Sheet: processing
8. Summarizing Accounts: processing
9. Statement of Cash Flows: processing
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What makes a business unique
Answer:
A lot of things can make a business unique since every entrepreneur has different ideas when starting a new business it depends on the persons approach to their business.
Answer:
the people, their approach, the intangible elements.
In the context of the career stage model, _____ are sequences of job experiences along which employees move during their careers.
The sequence of job experiences along which employees move during their careers in the career stage model is known as the career path.
What is a Career?When an individual chooses his profession based on his interest and opportunities in the profession to achieve success is known as his career.
The career path is referred to as a sequence of jobs an individual did to achieve his personal and professional goals. For example, when anyone starts his job from fresher level to managerial level. The journey and the experience he had from beginner to experience will be considered a career path.
This carrer path helps an individual to grow, learn skills, develop new interests and take on challenges to achieve growth in life. This career path helps to change the field if you are not satisfied with the work or growth you are seeking.
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define permanent office in one sentence
Answer:
A permanent office is also known as the long term office. It is established for the production and distribution of goods and services over a long period of time.
Explanation:
Mark me brainlistJohnson Controls, Inc. produces the seats for the Dodge Neon. Although Johnson initially was able to meet Dodge's cost target, it was not able to meet its safety, weight, and comfort specifications. Engineers from Dodge visited the Johnson plant and worked with its design people to create a seat that met all of the technical requirements at a cost that both could agree on. Johnson Controls and Dodge engaged in ________.
Johnson Controls and Dodge engaged in Reverse Marketing.
What is Reverse Marketing
Reverse Marketing can be defined as a type of marketing in which the customer are the one that patronized your a company business instead of the company creating brand or product awareness to the consumer.
This type of marketing strategy enables customer to be attracted to your business just as in the case of Johnson controls and its consumer Dodge.
Therefore Johnson Controls and Dodge engaged in Reverse Marketing.
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Two qualities that a good ___________ should have are to be persistent and not accept rejection.
A). product manager
B). founder
C). salesperson
D). account manager
Your wealthy uncle established a $2,100 bank account for you when you were born. For the first 9 years of your life, the interest rate earned on the account was 4%. Since then, rates have been only 2%. Now you are 23 years old and ready to cash in. How much is in your account
The future value of the account established by the wealthy uncle will be $3,943.86 after 23 years at the two interest rates.
What is future value?The future value of an amount is the value obtained in the future after compounding at an interest rate.
The future values after years 9 and 23 can be determined using an online finance calculator as follows:
Future Value of $2,100 after 9 years:N (# of periods) = 9 years
I/Y (Interest per year) = 4%
PV (Present Value) = $2,100
PMT (Periodic Payment) = $0
Results:
FV = $2,988.95
Total Interest $888.95
Future Value of $2,988.95 after 14 years:N (# of periods) 14 (23 - 9)
I/Y (Interest per year) = 2%
PV (Present Value) = $2,988.95
PMT (Periodic Payment) = $0
Results:
FV = $3,943.86
Total Interest $954.91
Thus, the future value of the account established by the wealthy uncle will be $3,943.86 after 23 years at the two interest rates.
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The market price of a security is $50. Its expected rate of return is 14%. The risk-free rate is 6%, and the market risk premium is 8.5%. What will be the market price of the security if its correlation coefficient with the market portfolio doubles (and all other variables remain unchanged)
The market price of a security is $50. Its expected rate of return is 14%, and the market price of the security is mathematically given as
MR=27.368
What will be the market price of the security if its correlation coefficient with the market portfolio doubles?Generally, the equation for expected rate return is mathematically given as
RR=(Rf+beta*(Rm-Rf)
Therefore
RR=(Rf+beta*(Rm-Rf)
Beta= (13-7)/8
Beta=0.75
In conclusion, the market price of a security
MR=DPs/RR
Where
Po=DPS/RR'
DPS=40*0.13
DPS=$5.23
and
RR=&+1.5*8
RR=19%
Hence
MR=$5.23/0.19
MR=27.368
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Some companies positively harness the power of rumors to multiple choice instill false confidence in investors. replace formal communications. create buzz about a new product launch. deflect interpersonal conflicts. achieve the boundaryless organization.
Some companies positively harness the power of rumors to create buzz about a new product launch. Option C. This is further explained below.
What are rumors?Generally, rumor is simply defined as a tale or report that is now doing the rounds but whose veracity is questionable.
In conclusion, In certain cases, corporations use the power of rumors to promote a new product introduction.
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What is a benefit of investing in mutual funds? (CS18)
Investors' fees are waived because it is an ownership investment.
Investors are guaranteed a minimal amount of return.
Investors earn interest because it is a lending investment.
Investors have access to a fund manager's expertise.
The major advantage of investing in mutual funds is the investors have access to a fund manager's expertise. hence, Option D is the correct statement.
What are Mutual funds?An agency that collects money from many buyers and invests the money in securities including stocks, bonds, and short-term debt is called Mutual funds.
The mixed holdings of the mutual fund are called a portfolio. Investors purchase stocks in mutual funds.
Therefore, Option D is the correct statement.
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The main benefit of a technical school certification
is (4 points)
Select one:
a. more limited choices for careers
b. more time spent perfecting skills compared to college
c. reduced costs compared to other degree options
d. reduced earning potential compared to college
Explanation:
more time spent perfecting skills compared to college