The compliance technique closely related to the gradual escalation in the scope of commands given from a person in authority is known as the foot-in-the-door technique.
The foot-in-the-door technique is a persuasive strategy that involves making a small initial request and then gradually increasing the demands over time. It is based on the principle that people who have already agreed to a small request are more likely to comply with larger requests in the future.
In the context of atrocities committed due to a gradual escalation in commands, the foot-in-the-door technique can be observed. Initially, individuals may be given small and seemingly harmless tasks or commands, which they comply with. Over time, the scope of the commands increases, leading to a gradual escalation in the magnitude of the actions taken. This technique exploits the human tendency to maintain consistency and commitment to previous actions and decisions.
As the scope of commands gradually expands, individuals may become desensitized to the unethical or harmful nature of their actions, rationalizing their compliance based on the gradual nature of the requests and the perceived authority of the person giving the commands. This gradual escalation can contribute to the perpetration of atrocities as individuals become increasingly complicit in the harmful actions.
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Which of the following is not a potential benefit of the use of self-directed teams? Multiple Choice higher quality higher productivity greater worker satisfaction greater satisfaction for middle managers lower turnover
Self-directed teams have been increasingly adopted by organizations to enhance productivity, quality, and job satisfaction. The Correct option is D
The teams comprise workers who are given the freedom and responsibility to manage and control their work processes. This approach has been linked to several benefits, including higher quality, higher productivity, and greater worker satisfaction.
Additionally, middle managers can benefit from the use of self-directed teams, as they can devote their time to more strategic tasks rather than daily supervision. However, lower turnover is not a potential benefit of self-directed teams, as the approach may not be suitable for every employee or organization, and some may prefer a more traditional hierarchical structure.
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Complete Question:
Which of the following is not a potential benefit of the use of self-directed teams?
A) Higher quality
B) Higher productivity
C) Greater worker satisfaction
D) Greater satisfaction for middle managers
E) Lower turnover
Government actions taken to mange a country’s money supply are called ————-policy
Answer:
Government actions taken to mange a country’s money supply are called ——Monetary——-policy
Question
Government actions taken to mange a country’s money supply are called ————-policy
Answer
MonetaryExplanation
Monetary is a government actions that taken to manage a countries by supplying money.
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2. If a new alternative fuel was found in the auto industry, what are the two ways existing car manufacturers might respond to this disruptive innovation?
Existing car manufacturers might respond to a disruptive innovation in the auto industry in two ways:
Incorporate the new alternative fuel technology into their current product offerings: Existing car manufacturers might invest in research and development to incorporate the new alternative fuel technology into their current product offerings. This would allow them to continue to compete in the market with a new and innovative product that meets changing customer needs and preferences.
Create a new product line: Existing car manufacturers might also choose to create a new product line specifically designed to use the new alternative fuel technology. This would allow them to maintain their existing product offerings while also capturing new market share with the innovative product line.
Ultimately, the response of existing car manufacturers to a disruptive innovation in the auto industry would depend on their individual business strategies and goals, as well as the potential impact of the new technology on their existing products and customer base.
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How can discussions,projects,campaigns and events support victims of xenophobia
Answer: They can raise awareness
Explanation:
Xenophobic victims have been through a lot of discrimination, hatred, physical abuse in most scenario. What most of them need in most cases are encouragement, opportunities to help them better.
Any project, campaign and event done would also raise awareness to those discriminating against them to understand that there is no need for that, most times some of this programs are for raising the awareness and when these awareness are raised they help the sanity of the environment where this xenophobic activities happen previously.
What are the two parts of the platform used to run application software? GUI and HCI hardware and operating system kernel and software configuration application base and operating system
Answer:
The answer is B
Explanation:
Answer:the answer is B hardware and operating system
Explanation:
when analyzing options in the decision-making process, managers must consider the appropriateness and ________ of each option.
When analyzing options in the decision-making process, managers must consider the appropriateness and feasibility of each option.
In the decision-making process, managers evaluate various options to determine the best course of action. In addition to considering the appropriateness of each option, which involves assessing how well it aligns with the goals, values, and constraints of the organization, managers also need to consider the feasibility of each option. Feasibility refers to the practicality and viability of implementing the option.
This involves evaluating factors such as available resources, time constraints, technological requirements, and the organization's capabilities. By considering both the appropriateness and feasibility of each option, managers can make more informed decisions that are realistic and effective in achieving the desired outcomes.
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Denisha and Carlton report their manager to HR because they feel that they were denied a promotion because of their age. They are both 28 and Denton was promoted and he is 47. They are claiming age discrimination. HR informs them that the law does not apply to them based solely on their age, because it does not
a. permit business necessity as a ground to avoid a guilty verdict.
b. protect younger workers
c. allow for jury trials.
d. allow punitive damages
e. permit promotions based on performance.
The HR informs them that the law does not apply based on their age because it does not protect younger workers.
What is age discrimination?This is a type of discrimination that exists in the society where people are denied opportunities such as jobs and other benefits on account of their age.
The HR here is informing the workers that age is not what the law concerning the promotion is based on.
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Journal entry for purchased goods from ABC Co. for Rs. 11,000.
Answer:
purchase A/c. Dr. Rs.11,000
To ABC CO.A/c. Rs.11,000
(being goods purchased in cash)
The government decides to impose a per-unit tax on the bottle industry to help cover revenue shortfalls in the annual budget.
Use the graph below to answer the questions.
------------------------------------------------------------------------------
The per-unit tax has generated total tax revenue of:
Multiple Choice
-$1 million
-$2 million
-$5 million
-$10 million
-$12 million
------------------------------------------------------------------------------------------
The deadweight loss created by the per-unit tax is equal to the area
Multiple Choice
-AKB
-KBC
-ACM
-ABL
-ABC
The per-unit tax has generated total tax revenue of D. $10 million.
The deadweight loss created by the per-unit tax is equal to the area D. ABL.
What is the tax generated ?The tax generated is:
= 5 x 2 burden on producers and consumers
= $ 10 million
What is Deadweight loss?Deadweight loss refers to the loss of economic efficiency that occurs when the equilibrium of a market is not Pareto optimal.
The deadweight loss is the area of ABL, This is because Deadweight loss can be calculated as the area between the supply and demand curves from the socially efficient level of production to the new equilibrium.
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Jasper has been working a lot of overtime during the most current economic expansion. As a result, his income is high enough for him to move from the 12 percent tax bracket to the 22 percent tax bracket. The increased amount Jasper pays to the government is an example of:
The increased taxes paid to the government by Johnny represent what are known as automatic stabilizers slowing the economy.
What are automatic stabilizers?These are factors in the economy that stop it from growing too fast that it becomes overheated.
Taxes are one such stabilizer because in making sure that people pay more to the government when they earn more, their spending is reduced which means that the economy doesn't grow too much.
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The ________ curve has a positive slope because as prices of final goods and services rise, prices of inputs rise more slowly.
Answer:
the supply curve
Explanation:
short run aggregate supply curve bc the prices of final goods and services increases, the input prices increases more slowly
you need to purchase otc (over the counter) treatments for family member exhibiting the common cold symptoms, and are looking for information on a specific product. the product has been available for purchase for the past 6 months. which source provides the best possible source of information regarding the product?
The finest source of information about the device is a televised evaluation of it that a consumer watch reporter did and it aired a month ago. Therefore, choice b is right.
Historically, children's upper respiratory infections have been treated and their symptoms lessened using over-the-counter (OTC) cough and cold medications. These medications' effects on children are the subject of in-depth research.
There is no reason to believe that over-the-counter pharmaceuticals are error-free, even if they have all been shown to be safe for people and each one has a unique set of negative effects. Over-the-counter medicines do not require a prescription.
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The correct question is-
You need to purchase OTC (over-the-counter) treatments for family members exhibiting common cold symptoms and are looking for information on a specific product. The product has been available for purchase for the past 6 months. Which source provides the best possible source of information regarding the product?
a. An online review was written 3 days ago by the creator of a competing product.
b. A televised review for this product, aired 1 month ago by a consumer watch reporter.
c. The advertising brochure, written by the marketing department, for this product, which was written 8 months ago.
d. A short, enthusiastic review for a similar product, produced by the same company that was written 3 years ago by a consumer.
This is a receipt for a purchase made at a restaurant in Sacramento, California. The total cost of the food and drinks before taxes was . The buyer paid in sales tax. Based on the receipt, Sacramento has a sales tax rate of .
Answer:
Total bill = $10.00Sales tax = $0.85Sales tax rate = 8.5%Explanation:
According to the receipt in question, the buyer paid a total bill of $10.00.
Buyer also paid a sales tax of $0.85.
The total cost of the food was $10.00 and a sales tax of $0.85 was paid.
The sales tax is based on the amount paid so the sales tax rate is the percentage of $10 that $0.85 is.
= Sales Tax / Total bill * 100%
= 0.85 / 10 * 100%
= 0.085 * 100%
= 8.5%
Answer:
1- B) $10.00
2- A) $0.85
3- B) 8.5%
Explanation:
I did it on edge and got it right
Swifty Racers makes bicycles. It has always purchased its bicycle tires from the Carla Vista Tires at $24 each but is currently considering making the tires in its own factory. The estimated costs per unit of making the tires are as follows: Direct materials $8 Direct labor $4 Variable manufacturing overhead $7 The company’s fixed expenses would increase by $68,000 per year if managers decided to make the tire. (a1) Calculate total relevant cost to make or buy if the company needs 10,800 tires a year.
To calculate the total relevant cost to make or buy tires, we need to consider the total cost of making the tires and compare it to the cost of buying them.
Buying the tires:
Cost per tire = $24
Total cost for 10,800 tires = $24 x 10,800 = $259,200
Making the tires:
Direct materials cost per tire = $8
Direct labor cost per tire = $4
Variable manufacturing overhead per tire = $7
Total variable cost per tire = $8 + $4 + $7 = $19
Total variable cost for 10,800 tires = $19 x 10,800 = $205,200
In addition to the variable costs, there are fixed costs associated with making the tires. The fixed expenses would increase by $68,000 per year if the company decided to make the tires. To calculate the total cost of making the tires, we add the variable costs and the fixed costs:
Total cost of making 10,800 tires = $205,200 + $68,000 = $273,200
Comparing the total costs:
Buying 10,800 tires = $259,200
Making 10,800 tires = $273,200
Based on these calculations, it is more expensive to make the tires than to buy them. Therefore, Swifty Racers should continue to purchase their bicycle tires from Carla Vista Tires.
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Rebel Records announces it is cutting the prices of its bluegrass album titles by 25 percent. If Rebel is seeking to increase revenues, it must believe that the elasticity of demand for bluegrass albums is Group of answer choices elastic. inelastic. of unitary elasticity. perfectly inelastic.
Answer:
elastic.
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
If demand is elastic and price is decreased, quantity demanded would increase. The increase in quantity demanded would be greater than the decrease in demand and this would lead to an increase in revenue.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases
Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.
We will be working with many graphs in this course, so we need to get comfortable using them.
In this first chapter we see many time-series graphs with the same shape as the black line below.
Respond to the following prompts:
What kind of growth is represented by the black line and what kind of growth is represented by the red line? (the mathematical names)
What is important about the difference between the kind of growth represented by the red and black lines
In exponential growth, the rate of growth increases over time, while in linear growth, the rate of growth remains consistent.2.
In the given In exponential growth, the rate of growth increases over time, while in linear growth, the rate of growth remains consistent.2, the black line represents exponential growth and the red line represents linear growth. Exponential Growth: Exponential growth refers to an increase in the quantity or size of something that accelerates over time. This kind of growth is often expressed mathematically by the function y = ab^ x. In this case, the rate of growth increases as the value of x increases, leading to a curve that looks like the black line in the graph. inear Growth: Linear growth refers to an increase in the quantity or size of something that is consistent over time. This kind of growth is often expressed mathematically by the function y = mx + b. In this case, the rate of growth is consistent, leading to a straight line that looks like the red line in the graph. Important differences between exponential and linear growth:1. In exponential growth, the rate of growth increases over time, while in linear growth, the rate of growth remains consistent.2.
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We can hire the best economist in the country, give them enough resources to find the best point of production on a PPC. True False
False. Hiring the best economist and providing resources can help in analyzing production possibilities, but determining the best point on a production possibilities curve (PPC) involves trade-offs and subjective factors that go beyond expertise and resources.
While hiring the best economist in the country and allocating resources can contribute to analyzing production possibilities, identifying the "best" point on a production possibilities curve (PPC) is not solely dependent on their expertise and resources.
PPC illustrates the maximum combinations of two goods that can be produced with limited resources and technology . Determining the optimal point on the PPC involves considering various factors such as consumer preferences, market demand, opportunity costs, efficiency, and external factors like government policies and technological advancements.
Even with the best economist and abundant resources, determining the "best" point on the PPC requires subjective judgments and trade-offs. It may involve considering factors like maximizing output, minimizing costs, achieving sustainability, or meeting specific goals and objectives. Different stakeholders may have different perspectives on what constitutes the "best" point on the PPC, based on their priorities and objectives.
, while economists and resources can contribute to analyzing production possibilities, the determination of the best point on a PPC involves subjective factors and trade-offs that go beyond expertise and resources alone.
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Which one is the best choice. Please explain why. I’ll give extra points.
Answer:
10
Explanation:
Surplus for Donovan: 10 - 4.50 = 5.50
Surplus for Rudy: 8 - 4.50 = 3.50
Surplus for Mike: 6 - 4.50 = 1.50
Surplus for Royce: 4 - 4.50 = -0.50
Sum of all surpluses: 5.50+3.50+1.50-0.50=10
What is the title that AASB 112/IAS 12 Income Taxes uses to describe differences between the carrying amount of an asset or liability in the statement of financial position and the tax base of the asset or liability?
a.permanent differences.
b.timing differences.
c.carrying amount differences.
d.temporary differences.
Clear my choice Question 17 Not yet answered Marked out of 1.00 Flag question Question text
TI Ltd has the following tax balances at the end of its first financial period: current tax liability $12 000, deferred tax liability $15 000, and deferred tax asset $18 000. There is no tax on items of other comprehensive income. What recognise as income tax expense in its first financial period?
a.$30 000 [= $12 000 + $18 000]
b.$27 000 [= $12 000 + $15 000]
c.$15 000 [= $12 000 – $15 000 + $18 000]
d.$9000 [= $12 000 + $15 000 – $18 000]
Clear my choice Question 18 Not yet answered Marked out of 1.00 Flag question Question text
AASB 112/IAS 12 Income Taxes defines ‘current tax’ as:
a. the amount of income tax recognised that is attributable to the transactions and events of the current period.
b. the amount of income taxes payable (recoverable) classified as a current liability (current asset).
c. the amount of income taxes payable classified as a current liability.
d. the amount of income taxes payable (recoverable) in respect of the taxable profit (tax loss) for a period.
Clear my choice Question 19 Not yet answered Marked out of 1.00 Flag question Question text
AASB 112/IAS 12 Income Taxes defines ‘accounting profit’ as:
a. profit or loss and other comprehensive income for a period before deducting tax expense
b. profit or loss for a period after deducting tax expense
c. profit or loss for a period before deducting tax expense
d. profit or loss and other comprehensive income for a period after deducting tax expense
Clear my choice Question 20 Not yet answered Marked out of 1.00 Flag question Question text
Carmen Limited has an accounting profit before tax of $240 000. All of the following items have been included in the accounting profit: depreciation of equipment $30 000 (tax deductible depreciation is $40 000); entertainment expenses $10 000 (non-deductible for tax purposes); long service leave expense $80 000 (long service leave paid is $50 000). The tax rate is 30%. What is the taxable profit for the period?
a.$320 000.
b.$310 000.
c.$270 000.
d.$290 000.
The taxable profit for the period is $310,000. This is calculated by starting with the accounting profit of $240,000 and adjusting for the differences between accounting and tax rules.
The adjustments include adding back the non-deductible entertainment expenses of $10,000 and subtracting the tax-deductible depreciation of $40,000. The long service leave expense is not adjusted because it represents a timing difference, not a permanent difference. Finally, the taxable profit is multiplied by the tax rate of 30%.
The taxable profit is calculated by making adjustments to the accounting profit based on tax rules. Non-deductible expenses are added back, while tax-deductible expenses are subtracted. The long service leave expense is not adjusted because it represents a timing difference, meaning it will be deductible for tax purposes in future periods. The resulting taxable profit is then multiplied by the applicable tax rate to determine the income tax expense. In this case, the taxable profit is $310,000.
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A yield can be paid in the form of?
Answer:
both a and b
Explanation:
Decisions that are made based on the underlying cultural factors can be best characterized by:
a. Ethical Collectivism
b. Situational ethics
c. Ethical relativism
d. Judgmental Individualism
The best way to characterize decisions that are made based on underlying cultural factors is ethical relativism, option c.
This is because ethical relativism recognizes that different cultures have different beliefs and values and that what is considered right or wrong can vary between cultures.
It suggests that what is considered right or wrong can vary across different cultures or contexts. When decisions are influenced by cultural factors, they are often based on the norms, values, and ethical standards prevalent within that culture. Ethical relativism acknowledges the diversity of ethical perspectives and recognizes that judgments should be made within the cultural framework in which they arise.
Situational ethics and judgmental individualism both focus on individual decision-making rather than cultural factors, while ethical collectivism emphasizes group decision-making over individual decision-making.
Therefore, the correct option is c. Ethical relativism.
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Question 8 of 20 Which of the following reasons for writing a formal business document would lead you to write a proposal?
A. To tell your manager a project is on budget and on schedule
B. To summarize what happened during a meeting
C. To convince your manager to use a new meeting organization tool
D. To describe what tasks you completed during the week
Answer: i say A
Explanation:
Answer:
cc just did it
Explanation:
c&a takes 100 samples of 50 units each for inspection. the total number of defects is found to be 75 units. what is the lcl for the p-chart? a) 0. b) -0.021. c) -0.011. d) -0.036.
The formula for lower control limit (LCL) in a p-chart is given by:LCL = P - 3√[(P*(1-P))/n], where P = total proportion defective and n = total sample sizeLet's apply the values given in the problem:P = 75/5000 = 0.015n = 5000/100 = 50Substituting the values in the formula, we get:LCL = 0.015 - 3√[(0.015*(1-0.015))/50]LCL = -0.021Therefore, the LCL for the p-chart is -0.021. Option (b) is the correct answer.
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what journal entries are used
Answer:
The purpose of a journal entry is to physically or digitally record every business transaction properly and accurately.
If a transaction affects multiple accounts, the journal entry will detail that information as well.
Explanation:
Journal entries are required in a bank reconciliation where there are adjustments to the balance per books. These adjustments results from items appearing on the bank statement that have not been recorded in the company's general ledger accounts.
What best describes the purpose of the auditors’ consideration of internal control in a financial statement audit for a nonpublic company? A. To determine the nature, timing, and extent of audit testing. B.To make recommendations to the client regarding improvements in internal control. C.To train new auditors on accounting and control systems. D.To identify opportunities for fraud within the client’s operations.
The purpose of the auditors' consideration of internal control in a financial statement audit for a nonpublic company is to determine the nature, timing, and extent of audit testing. (A)
Auditors must consider the internal control of a company in order to plan their audit and determine what kind of testing they need to do. By understanding the internal control, they can assess the risk of material misstatement in the financial statements and design their audit procedures accordingly. This consideration helps them to determine the nature of the audit tests they will perform, the timing of those tests, and the extent to which they will need to test.
It is important to note that the other options, B, C, and D, are not the primary purpose of the auditors' consideration of internal control. While they may make recommendations for improvements or identify potential fraud, these are not the main focus of their consideration. Similarly, training new auditors is not the main purpose of this consideration. Thus, the correct answer is option A. To determine the nature, timing, and extent of audit testing.
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a written understanding between the auditor and the client concerning the auditor's responsibility for the discovery of illegal acts is usually set forth in a(n):
"A written understanding between the auditor and the entity concerning the auditor's responsibility for fraud is usually set forth in an Engagement letter." Option D is correct.
An engagement letter is a written agreement between an auditor and their client that outlines the terms and responsibilities of the audit engagement. It includes details such as the scope of the audit, the timeline for completion, and the fee structure. One important aspect of the engagement letter is the discussion of the auditor's responsibility for detecting and reporting fraud.
This section sets forth the expectations of both parties and helps to clarify the extent of the auditor's duties with respect to fraud. The engagement letter serves as a contract between the auditor and the entity and is an important part of the audit planning process.
This question should be provided as:
A written understanding between the auditor and the entity concerning the auditor's responsibility for fraud is usually set forth in a(n)_____.
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"sun joe spx2680-max electric pressure washer, 13-amp, 2050 psi max, 1.2 gpm max" is this item worth buying? how does the company sell?
The axial cam pump of the Sun Joe SPX2680-MAX can deliver a flow of up to 1.2 GPM and a pressure of up to 2050 PSI when it is driven by a 13 amp universal motor (according to CSA testing standards).
Specifications of spx2680-max electric pressure washer:Since the SPX2680-MAX is such an electric pressure washer, starting the motor is as easy as flipping an ON/OFF switch. The item comes with a 35-foot GFCI wire, making it safe to use right away.
GENERAL FEATURES
As described below, this Sun Joe SPX2680-MAX includes a sprayer, a wand, high pressure hose, three nozzles, and a detergent adding feature.
Addition of soap: Attach the provided foam cannon toward the end of both the wand to add detergent to the fluid at the exit.Pressure hose: A set of handy hooks makes it easy to neatly store the 20-foot high-pressure hose that is included.Spray gun and wand: You can easily store the traditional, ergonomic spray gun but also its wand in a side hook.Nozzles: The table below lists the three provided nozzles along with the various surfaces that each one is suitable for.To know more about the electric pressure washer, here
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does this sentence i wrote make sense:
“Not only this, but as a gateway to contribute to saving the planet.”
if you were the marketing director for a retailer and received such a letter, would you have replied the same way ms. barnes?
The response of the marketing director for a retailer depends on the company's policies, values, and nature of the complaint.
If the company values customer satisfaction and aims to provide quality products and services, then the marketing director may respond similarly to Ms. Barnes.
By acknowledging the issue, offering an apology, and taking corrective action, the company can build trust with the customer and maintain a positive reputation.
On the other hand, if the company prioritizes profits over customer satisfaction, the marketing director may not respond in the same way. In such cases, the response may be defensive, dismissive, or blaming the customer, which can further damage the company's reputation.
Overall, the response of the marketing director depends on the company's values and policies regarding customer satisfaction and complaint resolution.
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Matheson Electronics has just developed a new electronic device which, when mounted on an automobile, will tell the driver how many miles the automobile is traveling per gallon of gasoline.
The company is anxious to begin production of the new device. To this end, marketing and cost studies have been made to determine probable costs and market potential. These studies have provided the following information: a. New equipment would have to be acquired to produce the device. The equipment would cost 315,000 and have a 12 -year useful life. After 12 years, it would have a salvage value of about 15,000 . b. Sales in units over the next 12 years are projected to be as follows: c. Production and sales of the device would require working capital of 60,000 to finance accounts receivable, inventories, and day-to-day cash needs. This working capital would be released at the end of the project's life. d. The devices would sell for 35 the following; variable costs for production, administration, and sales would be 15 per unit. e. Fixed costs for salaries, maintenance, property taxes, insurance, and straight-line depreciation on the equipment would total 135,000 per year. (Depreciation is based on cost less salvage value.) f. To gain rapid entry into the market, the company would have to advertise heavily. The advertising program would be: g. The company's required rate of return is 14% .
Required:
(Ignore income taxes.)
(a) Compute the net cash inflow (cash receipts less yearly cash operating expenses) anticipated from sale of the device for each year over the next 12 years.
John need to invest $16393.44 with the process of simple interest.
What is simple interest?Simple interest is calculated based on a loan's principal or the initial deposit into a savings account. Simple interest doesn't compound, therefore a creditor will only charge interest on the principal sum, and a borrower will never be required to pay further interest on the interest that has already accrued.
Rate of interest = 12%principal + interest = $40000
Time = 12 years
Simple interest = \(\frac{p \times 12 \times 12}{100}\\=1.44p\)
Now principal + interest = 40000
\(\frac{p \times 12 \times 12}{100}\\=1.44pNow principal + interest = 40000\Rightarrow p+1.44p=40000\\\Rightarrow 2.44p=40000\\\Rightarrow p=\frac{40000}{2.44}\\\Rightarrow p= 16393.44\)
Therefore, John need to invest $16393.44.
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