The poorest 60% of the worlds populations receives less than ______ of the world's income.

Answer:

While it was true that the cotton gin reduced the labor of removing seeds, it did not reduce the need for slaves to grow and pick the cotton. In fact, the opposite occurred. Cotton growing became so profitable for the planters that it greatly increased their demand for both land and slave labor.

Answer:

Explanation:

reduced the time and labor required to produce cotton for market

enabled farmers to meet higher demand

cemented slavery in the South

made cotton the dominant crop in the South

A thank you note sent after a job interview will serve as a reminder to those people you met is a false statement

2. False

3. False

4. False

A job interview is known to be a kind of conversation tak that is said to occurs between a said and potential employer and that of a job applicant.

Note that During the job interview, the employer is one who has a lot of opportunity to appraise any kind of  applicant's qualifications, as well as their appearance and full fitness in regards to the job opening.

Hence,  A thank you note sent after a job interview will serve as a reminder to those people you met is a false statement

2. False

3. False

4. False

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Answer:

$115,000

Explanation:

The computation of the amount paid is as follows:

= Occurrence limit + court cost & attorney fees

= $100,000 + $15,000

= $115,000

Hence, the amount paid by the CGL policy is $115,000

It could be come by applying the given formula in order to get the correct value and the same is relevant too.

The answer is Yes, Colin has a strictly dominated strategy in the game from Question 1. Colin's second strategy (G) is strictly dominated by his third strategy (H) as the payoffs of H are greater than those of G in both scenarios.

The answer is Yes, the following list contains the Nash equilibria of the game from Question 1: (B, F), (C, H), and (D, H).d) Use the game in Question 1 to explain why it is important to describe an equilibrium by using the strategies employed by the players, not merely the payoffs. It is important to describe an equilibrium by using the strategies employed by the players because Nash equilibrium is a state in which no player can unilaterally change its strategy without decreasing its own payoff. In other words, players are making the best decision based on their opponent's strategy, and not based on the payoffs alone. Hence, we need to describe the strategies employed by the players to fully understand the equilibrium state.The answer is Yes, Colin has a strictly dominated strategy in the game from Question 1. Colin's second strategy (G) is strictly dominated by his third strategy (H) as the payoffs of H are greater than those of G in both scenarios.

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The adjusting entry at the end of the year will include a credit to allowance for doubtful accounts in the amount of $750

accounts receivable are uncollectible = $640

the allowance for doubtful accounts has a debit balance = $110.

Total amount by the end = $750

Credit is part of your monetary energy. It lets you get the belongings you need now, like a loan for a car or a credit score card, based to your promise to pay later. operating to enhance your credit score helps ensure you'll qualify for loans while you need them.

Credit is the accept as true with which permits one birthday party to offer money or resources to every other birthday celebration in which the second party does now not reimburse the first birthday party immediately, but guarantees both to repay or return those sources at a later date.

Credit score is the capability to borrow cash or get right of entry to goods or services with the understanding that you'll pay later.

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The incremental net present value (NPV) of comparing Loader 1 to Loader 2 is $7,692. Loader 2 is the better alternative.

The incremental NPV is calculated by subtracting the NPV of Loader 1 from the NPV of Loader 2. To calculate the NPV, we need to discount the cash flows of each alternative to their present value using the minimum attractive rate of return (MARR) of 20%.

For Loader 1, the cash flows consist of annual profits of $37,000 for five years and a salvage value of $10,000 at the end of the useful life. Using the NPV formula, the NPV of Loader 1 is:

NPV Loader 1 = -110,000 + (37,000/1.2) + (37,000/1.2^2) + (37,000/1.2^3) + (37,000/1.2^4) + (37,000/1.2^5) + (10,000/1.2^5) = $41,256.95

For Loader 2, the cash flows consist of annual profits of $44,000 for five years and a salvage value of $13,000 at the end of the useful life. Using the NPV formula, the NPV of Loader 2 is:

NPV Loader 2 = -130,000 + (44,000/1.2) + (44,000/1.2^2) + (44,000/1.2^3) + (44,000/1.2^4) + (44,000/1.2^5) + (13,000/1.2^5) = $48,949.59

Finally, we calculate the incremental NPV:

Incremental NPV = NPV Loader 2 - NPV Loader 1 = $48,949.59 - $41,256.95 = $7,692.64

Since the incremental NPV is positive, Loader 2 is the better alternative. It provides a higher net present value compared to Loader 1, indicating that it generates more value over the investment's useful life.

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The prepaid insurance account had a debit balance of $5,500 at the end of December 31, 2015, which means that the company had paid for insurance coverage in advance.

However, the company had not yet taken into account any insurance coverage that had expired. An analysis of the insurance policies revealed that $4,970 of coverage had expired, which means that the company had utilized $4,970 worth of insurance coverage during the year. To adjust for this, the company would need to debit the insurance expense account by $4,970 and credit the prepaid insurance account by the same amount. This adjustment would decrease the debit balance in the prepaid insurance account and increase the expenses for the year, reflecting the actual usage of insurance coverage.

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An item or resource that has more than is currently being used is said to have a surplus. A surplus can relate to a wide range of things, including money, products, capital, and profits.

A surplus in the context of inventories refers to items that are still on store shelves but have not yet been purchased.When someone sells a thing on an auction website, that is an instance of an economic excess. Usually, the seller advertises the item at the lowest price they're prepared to take. The seller may get more money when bids rise over the lowest they'd be willing to accept. Several extra assets, like as income, earnings, capital, and products, are referred to as surpluses. When spending are lower than revenue, or when fewer supplies are utilized than were retained, a budget or inventory will frequently have a surplus.

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Answer:

Modular homes are built in sections or modules off-site and then transported to the final location for assembly. These homes are often used for residential purposes, such as primary residences, vacation homes, or rental properties. They can also be used for other purposes, including office buildings, schools, and healthcare facilities. One of the main advantages of modular homes is that they can be built quickly and cost-effectively in a factory setting, with less waste and greater efficiency. Additionally, modular homes can be customized to meet the specific needs and preferences of the homeowner. However, there are also some drawbacks to modular homes, including limited design options, potential transportation issues, and potential difficulty in obtaining financing or insurance. Overall, modular homes offer a flexible and affordable option for those looking for a new home or building, but they require careful consideration of the specific needs and challenges associated with this type of residential design.

Therefore, the firm's annual inventory turns are approximately 8.82.

To calculate the firm's annual inventory turns, you divide the cost of goods sold by the average inventory.

Annual inventory turns = Cost of goods sold / Average inventory

Given:

Cost of goods sold = $60 billion

Inventory = $6.8 billion

We need to calculate the average inventory.

Average inventory = (Beginning inventory + Ending inventory) / 2

Since the beginning inventory is not provided, we assume that the beginning inventory is equal to the ending inventory.

Average inventory = ($6.8 billion + $6.8 billion) / 2 = $6.8 billion

Now we can calculate the annual inventory turns:

Annual inventory turns = $60 billion / $6.8 billion = 8.82

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Answer:

Explanation:

In other words, the higher the price, the lower the quantity demanded. The amount of a good that buyers purchase at a higher price is less because as the price of a good goes up, so does the opportunity cost of buying that good.

In the early centuries, merchants made use of the Mercantilism system for commercial transactions.

In simple terms, it is an economic theory and practice known as "mercantilism," which was prevalent in Europe from the 16th to the 18th century.

Mercantilism advocated governmental regulation of a country's economy with the goal of enhancing state power at the expense of competing for national powers.

According to the theory, a strong nation should have a sizable population because a sizable population would offer a supply of labor, a market, and soldiers.

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Answer:

B. $0

Explanation:

Unemployment tax known as FUTA (The Federal Unemployment Tax act) is imposed on employers based on the wage and salaries they pay their employees. Employers who pay $1500 and above per calendar quarter are mandated to pay FUTA. Unlike other payroll-based taxes, employers are not required to deduct FUTA from employees. Therefore, nothing should be withheld from Robert's income as unemployment tax.

The true statement about charismatic leaders is D) that they use unconventional means to transcend the existing order.

Charismatic leaders are known for their ability to inspire and influence others through their exceptional personal qualities and persuasive communication. They possess a vision and charisma that captivates followers and motivates them to take action.

Charismatic leaders often challenge the status quo and seek to bring about change. They are not content with maintaining the existing order but rather aim to transcend it. They have a vision for a better future and employ unconventional means to achieve their goals. They are willing to take risks, challenge norms, and think outside the box.

Unlike leaders who rely solely on rewards and punishments (option B), charismatic leaders are more focused on inspiring and empowering their followers. They use their charisma and communication skills to mobilize support and create a sense of shared purpose.

Charismatic leaders also make use of available means (option C) to achieve their goals. They leverage their personal qualities, influence, and communication abilities to rally followers and gain their commitment.

In summary, charismatic leaders stand out for their ability to transcend the existing order by using unconventional means, inspiring others through their charisma, and mobilizing support for their vision. They are change-oriented leaders who strive to create a positive impact and challenge the status quo.

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The equilibrium price will decrease and the effect on the equilibrium quantity will be ambiguous.

A change in the price of a good does not shift the demand curve. Instead, it moves along the demand curve. Changes in other factors shift the demand curve left or right. Factors that can shift the demand curve for goods and services, causing different quantities to be demanded at a given price include changes in taste, population, income, prices of substitutes or complements, future conditions, and expectations about prices. An increase in demand, ceteris paribus, will increase the equilibrium price. The amount supplied increases. A decrease in demand will lead to a decrease in the equilibrium price. supply will decrease. Equilibrium price is when supply of a product matches demand. When a leading index undergoes consolidation or consolidation momentum, it can be said that the forces of supply and demand are relatively equal and the market is in equilibrium. If the term (20) demand curve of this set shifts to the right, the equilibrium price and quantity demanded increase. The supplier's desire to eliminate surpluses puts upward pressure on prices.

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Answer:

Marissa only needs to attend a two-year college.

Explanation:

A hydroelectric production manager requires both technical and managerial skills. Like many other managerial positions, this one too requires a minimum of a bachelor's degree. Marissa will have to attend a four-year degree program at a college/university.

After graduation and once employed, Marissa will need guidance and work experience to grow to her dream position. She will require an apprenticeship program to prepare her for the managerial role. The counselor also made an error by telling her that she needs four years of college education to acquire an associate degree. The truth is that an associate degree takes two years to achieve.

Answer:

Probably C.

Explanation:

Most occupations in this zone require training in vocational schools, related on-the-job experience, or an associate's degree.

Previous work-related skill, knowledge, or experience is required for these occupations. For example, an electrician must have completed three or four years of apprenticeship or several years of vocational training, and often must have passed a licensing exam, in order to perform the job.

Employees in these occupations usually need one or two years of training involving both on-the-job experience and informal training with experienced workers. A recognized apprenticeship program may be associated with these occupations.

Classifying the accounts and understanding their debit/credit sides and normal balances. Sales from Fees: Revenue, Increase - Credit, Decrease - Debit, Normal Credit balance.

Here's the information for each account:
1. General Ledger: This is a record-keeping system and doesn't have a specific classification.
2. Cash in Bank: Asset, Increase - Debit, Decrease - Credit, Normal Debit balance
3. Advertising Expense: Expense, Increase - Debit, Decrease - Credit, Normal Debit balance
4. Owner Withdrawals: Owner's Equity, Increase - Credit, Decrease - Debit, Normal Credit balance
5. Office Equipment: Asset, Increase - Debit, Decrease - Credit, Normal Debit balance
6. Electric Expense: Expense, Increase - Debit, Decrease - Credit, Normal Debit balance
7. Repair Expense: Expense, Increase - Debit, Decrease - Credit, Normal Debit balance
8. Owner's Capital: Owner's Equity, Increase - Credit, Decrease - Debit, Normal Credit balance
9. Accounts Receivable: Asset, Increase - Debit, Decrease - Credit, Normal Debit balance
10. Rent Expense: Expense, Increase - Debit, Decrease - Credit, Normal Debit balance
11. Sales from Fees: Revenue, Increase - Credit, Decrease - Debit, Normal Credit balance
12. Accounts Payable: Liability, Increase - Credit, Decrease - Debit, Normal Credit balance
I hope this helps you understand the classification, debit/credit sides, and normal balances of each account!

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The intrinsic value of the stock is $26.45.

To calculate the intrinsic value of the stock, we can use the dividend discount model (DDM). The DDM calculates the present value of all expected future dividends.

Given information:

- Annual dividend just paid: $6.9

- Dividend growth rate: 2% per year

- P/E ratio in 4 years: 10

- Payout ratio in 4 years: 60%

- Required rate of return: 8%

Step 1: Calculate the expected dividends for the next four years.

Year 1 dividend: $6.9 * (1 + 0.02) = $7.03

Year 2 dividend: $7.03 * (1 + 0.02) = $7.17

Year 3 dividend: $7.17 * (1 + 0.02) = $7.32

Year 4 dividend: $7.32 * (1 + 0.02) = $7.47

Step 2: Calculate the expected dividend in year 5 using the payout ratio.

Year 5 dividend: $7.47 * 0.60 = $4.48

Step 3: Calculate the present value of the dividends.

PV of Year 1 dividend: $7.03 / (1 + 0.08) = $6.50

PV of Year 2 dividend: $7.17 / (1 + 0.08)^2 = $5.90

PV of Year 3 dividend: $7.32 / (1 + 0.08)^3 = $5.33

PV of Year 4 dividend: $7.47 / (1 + 0.08)^4 = $4.84

PV of Year 5 dividend: $4.48 / (1 + 0.08)^4 = $3.88

Step 4: Calculate the intrinsic value of the stock by summing the present values of the dividends.

Intrinsic value = PV of Year 1 dividend + PV of Year 2 dividend + PV of Year 3 dividend + PV of Year 4 dividend + PV of Year 5 dividend

Intrinsic value = $6.50 + $5.90 + $5.33 + $4.84 + $3.88

Intrinsic value = $26.45

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In terms of consumer control, the opt-in model gives individuals more control over their personal information and participation in certain activities.

The opt-in model of informed consent requires individuals to actively choose to participate in a certain activity or program. This means that they must explicitly give their consent to participate, usually by checking a box or filling out a form.  With opt-in, individuals have the power to make the decision to participate or not, and their consent is obtained before any data is collected or shared.On the other hand, the opt-out model assumes that individuals are automatically enrolled in a program or activity unless they take action to opt-out of it. This typically involves individuals having to actively seek out and fill out an opt-out form or make a phone call to unsubscribe. With opt-out, individuals may not be aware that they are enrolled in a program or activity and have to take action to remove themselves from it.

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A Gantt chart is a visual representation of the subassemblies and components that are required to produce and/or assemble a product.  Option E

It provides a timeline view of the project, outlining each task or component required, and the duration of time it will take to complete each step.

The Gantt chart is an essential tool in project management and is widely used across industries. It allows project managers to plan, schedule, and track progress of a project in a visual format that is easy to understand.

By breaking down the project into its subcomponents and tasks, project managers can identify potential bottlenecks and dependencies, ensuring that everything is in place to keep the project on track.

In summary, a Gantt chart is a powerful tool that helps project managers to plan and visualize the subassemblies and components required to produce and/or assemble a product. It is an essential tool for any project manager looking to streamline their operations, minimize costs, and maximize efficiency. So the correct answer is Option E.

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a. Bank Reconciliation for Stewart Recording Studio at April 30:

Bank Statement Balance: $31,970

Add:

Deposit in Transit (March 31): $10,090

Deposit (April 7): $696

Deposit (April 13): $4,640

Deposit (April 18): $5,952

Deposit (April 23): $14,022

Deposit (April 27): $1,766

Deposit (April 30): $122,000 (Owner's investment)

Total Deposits: $159,166

Deduct:

Outstanding Cheques:

Cheque #23: $5,246

Cheque #24: $3,178

Cheque #25: $948

Cheque #26: $316

Cheque #27: $4,312

Cheque #28: $4,900

Cheque #29: $20,006

Cheque #30: $41,880

Cheque #31: $420

Cheque #32: $11,622

Total Outstanding Cheques: $92,828

Adjusted Bank Balance: $31,970 + $159,166 - $92,828 = $98,308

b. Journal Entries to bring the General Ledger Cash account into agreement with the adjusted balance on the bank reconciliation:

1. To record the owner's investment:

Date: April 30

Account Debit Credit

Cash (General Ledger) 122,000

Owner's Equity (or Capital) 122,000

2. To record the NSF cheque returned:

Date: April 30

Account Debit Credit

Accounts Receivable (Oprah Winney) 14,474

Cash (General Ledger) 14,474

3. To record the note payable payment:

Date: April 30

Account Debit Credit

Notes Payable 16,204

Cash (General Ledger) 16,204

4. To adjust for the incorrectly recorded cheque:

Date: April 30

Account Debit Credit

Cash (General Ledger) 4,900

Delivery Expense 4,900

Please note that these entries assume the Cash account in the General Ledger has a beginning balance of $31,225 as per the bank reconciliation provided at March 31. Adjustments may be required if there are other transactions affecting the Cash account not mentioned in the provided information.

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$48,856.11 are there in the account compounded continuously after eight years if no withdrawals or additional deposits are made. Hence the correct answer is option A.

To calculate the amount of money in the account after eight years with continuous compounding, we can use the formula:

A = P × e^(rt),

where:

A = the amount of money in the account after t years

P = the principal amount (initial deposit)

e = the base of the natural logarithm (approximately 2.71828)

r = the interest rate

t = the number of years

Given

principal amount (P) is $40,000,

the interest rate (r) is 2.5% (or 0.025 as a decimal)

number of years (t) is 8.

Plugging in the values into the formula:

A = $40,000 × e^(0.025 × 8).

A = $40,000 × e^0.2.

A = $40,000 × 1.22140.

A = $48,856.

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The correct order is 10-year CD, 5-year CD, online savings account, savings account at a traditional bank.

Here's the breakdown:
1. 10-year CD: Certificates of Deposit (CDs) typically have higher interest rates compared to savings accounts, and the longer the term, the higher the interest rate.
2. 5-year CD: A shorter term than the 10-year CD, but still offers a higher interest rate compared to savings accounts.
3. Online savings account: Online banks tend to offer higher interest rates than traditional banks due to lower overhead costs.
4. Savings account at a traditional bank: These typically have the lowest interest rates among the options provided.

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Using your savings to buy something you think will increase in value is known as investing.

If you have savings that you want to multiply, it is best to invest them in various assets that have been appreciated over time. Among the alternatives to investing, the following stand out:

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Answer:

No 1 + 1 = 2

Explanation:

Lol

An alternative to job specialization which has likely been used in job design to overcome the problems associated with overly specialized jobs is Job enrichment. The Option D is correct.

Job enrichment involves giving employees more autonomy and control over their work, as well as providing opportunities for skill development and growth. Ancestry's genealogists are described as being cross-trained in multiple areas and having a high degree of autonomy and flexibility in their work, suggesting that job enrichment is being used to overcome the problems associated with overly specialized jobs.

For other options, the Job enlargement involves increasing the variety of tasks within a job, while job rotation involves rotating employees through different jobs to provide them with broader experience. Work teams involve groups of employees working together to accomplish tasks, which is not necessarily an alternative to job specialization but rather a way of organizing work.

Missing options "a. Work teams b. Job enlargement c. Job rotation d. Job enrichment"

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Answer:

C. to invest in stocks and make business decisions