Which of the following costs is not relevant when deciding whether to keep or replace a piece of equipment?A. The opportunity cost that arises when selecting one alternative over the otherB. The differential costs between the two alternativesC. The incremental cost of replacing the equipmentD. The original cost of the asset that would be replaced

Answer:

Instructions are below.

Explanation:

Giving the following information:

beginning inventory= $505,700

Cost of goods manufactured= $290,900

Ending inventory= $485,300

Net sales= $759,200.

To calculate the cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 505,700 + 290,900 - 485,300

COGS= $311,300

Now, we can determine the gross profit:

Gross profit= net sales - COGS

Gross profit= 759,200 - 311,300

Gross profit= 447,900

Answer:

I think b is that the answer

If they earn more than a particular amount for the year, the majority of American citizens and permanent residents who work in the country must file a tax return.

Tax returns are statements submitted to the Internal Revenue Service (IRS) or the state or local tax collecting agency in the United States that include data necessary to compute income tax or other taxes. Typically, tax returns are completed using forms that have been mandated by the IRS or another relevant taxing authority. Tax returns, in the more specific sense, are reports of tax obligations and payments that frequently include financial data used to calculate the tax. IRS Form 1040 is a widely used federal tax form. The information in a tax return allows the taxing authority to verify the taxpayer's computations or to compute the amount of tax due in cases when the taxpayer is not required to do so.

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A. There is no single, global legal system in the world today.

Correct option should be A, however there is a slight chance B is correct But I am 90% sure it is A

Answer:

ACE Corp. would lose.

Explanation:

Even though this would be considered a unilateral mistake from Jeff's side, the other party, ACE Corp., could easily realize that there was something wrong with it. It is not logical to believe that Jeff would be able to build something at only 10% of the cost than the rest of the competition.

The sentence that do not symbolize  example of a contract is c.A written promise to give your husband a ring for Christmas.

A contract can be described as the agreement tht is been entered between two or ore parties which is binded under that law of the land and any breech to the agreement by one of the parties that is been involved will attract a penalty.

It should be noted tat out of the give options we can see that the third option is not a contract because it can not be regarded as an agreement.

Therefore, option C is correct.

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Check the complete question:

Which of the following is not an example of a contract?

a. An agreement not to sue someone for negligence in exchange for their promise to pay you a specified amount

b.

A verbal agreement for the sale of a car where neither the money or the car has yet changed hands

c.A written promise to give your husband a ring for Christmas

d. A verbal agreement to work for someone starting next week

Taxes are used by the government for carrying out various welfare schemes including employment programmes

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Pays for everything from Social Security and Medicare to military equipment, highway maintenance, education, and more

We pay taxes to ensure that our federal, state, and local governments can function efficiently and deliver essential services. Each government has its own emphasis, with the federal government in charge of big-picture expenditures on items like military and Social Security. Spending by the federal government covers everything from Social Security and Medicare to military equipment, transportation repair, education, and more. The federal government spent the most on Social Security in 2022.

Taxation generates cash for federal, state, and municipal governments to support vital services like as defense, highways, police, and a judicial system, which benefit all residents who would be unable to provide such services successfully for themselves.

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Answer:

The answer is Carrie's Balance Sheet (January 2013)

Explanation:

It is titled Carrie's Balance sheet and it shows the date in the title, it is the only one with a specific month compared to a longer period of time.

Answer:Carrie’s Balance Sheet (January 1, 2021)

Explanation: Got it correct on edge.

In today's world, the economy is primarily divided into three different types of industrial structures, namely oligopoly, perfect competition, and monopolistic competition.

The monopolistic industrial structure offers the fewest marketing opportunities.

Market structure refers to the competitive nature of the market for goods and services, which is classified into different types of industrial structures. Among the three industrial structures, the monopolistic industrial structure is the least marketing opportunity. In this industrial structure, there are only a few competitors, and the competition among them is less. The companies that operate in the monopolistic industrial structure sell products that have little or no close alternatives.

For instance, a local power supply company that has a complete monopoly in a particular geographic area, such as the provision of electricity in a particular city. Since it is the only source of electricity, it has complete control over the prices it charges, and it can, therefore, charge higher prices. Therefore, there is no need to advertise or market its products since the company is the only source of supply.

In conclusion, monopolistic competition is the industrial structure that offers the fewest marketing opportunities since the firms operating in this structure have control over the prices they charge due to less competition and have fewer competitors.

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False. A statistical technique called chi-square analysis is performed to examine whether two categorical variables are significantly associated.

Under the null hypothesis of no connection, it compares the observed frequencies in each category with the expected frequencies. To decide whether to accept or reject the null hypothesis, the test generates a chi-square statistic, which is then compared to a critical value drawn from the chi-square distribution. However, whether the hypothesis should be accepted or rejected is not decided by the test itself. It offers a statistical assessment of the probability that the observed data depart from what would be predicted under the null hypothesis. The significance level the researcher selects and a comparison of the derived chi-square value are what determine whether to accept or reject the hypothesis.

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Answer: He has a long-term liability.

The conclusion that can be made from the given fact is that “Terrance has to make home mortgage payments,” which means that he has a long-term liability. Therefore, D is the correct option.

A liability is a term that is used to denote either a loan or an object that has to be paid back to the giver. It usually means a loan taken by a person or company by a bank or any lawfully financial institution. Such loans are paid back with money, goods, or services. In general terms, liability also means an object or a situation that can not pay back the money and amount of financial resources that have been invested or spent upon them.  

Thus, the conclusion that can be made from the given facts is that “Terrance has to make home mortgage payments,” which means that he has a long-term liability. Therefore, D is the correct option.

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The ability to prioritize tasks according to those that must be finished right away versus those that can wait, be given to another person, or be done without, is referred to as organizational skills.

Thus, Option D is correct.

No matter where or how you work, having organizational skills can help you manage your current position as well as hunt for new employment or advance in your existing position. With so many requests, responsibilities, and expectations on your plate, being organized can help you make the most of your time, energy, resources, and mental space so that you can accomplish your objectives and complete your work with less stress.

Your physical and digital areas can be organized with the help of organizational skills, which can also help you manage, organize, and plan all you need to do. Simply, having good organizing abilities helps you perform better at work. They help you perform at your highest level at work.

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When production volume increases, the variable cost per unit falls, which lowers Gutter Corp's overall manufacturing cost. The fixed costs for Gutter Corp remain constant within the relevant range of production volume.

Data shows that overall manufacturing expenses drop from $5.75 per unit to $4.75 per unit as production volume rises from 30,000 to 50,000 units. As a result, it appears that Gutter Corp.'s overall cost behavior pattern is a variable cost pattern.

It follows that a variable cost equation, in which the overall cost is a function of the degree of production volume, may adequately capture the total manufacturing costs for Gutter Corp.

Total manufacturing costs = (Variable cost per unit x Production volume) + Fixed costs

Code:

Production Volume (units)     Total Manufacturing Cost ($)

30,000                        $5.75

40,000                        $5.25

50,000                        $4.75

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In the short run, a profit-maximizing firm in a price-taker market will definitely stop production if the price is lower than the minimum average variable cost.

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Answer:

Explanation:

Paul Davies can sell the British consul security for approximately $30,000 based on the current interest rate of 10%.

To determine the selling price of the British consul security, we need to calculate the present value of the perpetual cash flow it generates. The cash flow of $3,000 per year is received indefinitely, and since the current interest rate is 10%, we can use the formula for present value of a perpetuity. By dividing the annual cash flow of $3,000 by the interest rate of 10%, we get $30,000 as the approximate selling price of the security. This represents the present value of the future cash flows discounted at the given interest rate.

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The risk-free rate of interest using the Capital Asset Pricing Model (CAPM), is 4.2%. Option D is correct.

Expected Return on HiLo Stock = Risk-Free Rate + Beta * (Expected Return on Market - Risk-Free Rate)

Given that the expected return on HiLo stock is 13.69%, the expected return on the market is 11.5%, and the beta of HiLo is 1.3, we can substitute these values into the formula:

13.69% = Risk-Free Rate + 1.3 * (11.5% - Risk-Free Rate)

Simplifying the equation:

13.69% = Risk-Free Rate + 14.95% - 1.3 * Risk-Free Rate

Rearranging terms:

14.95% - 13.69% = 0.3 * Risk-Free Rate

1.26% = 0.3 * Risk-Free Rate

Dividing both sides by 0.3:

Risk-Free Rate = 1.26% / 0.3

Risk-Free Rate ≈ 4.2%

Therefore, the correct answer is D. 4.2%.

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Fishbone diagram was the name of the analysis tool invented by the well-known quality control statistician dr. Kaoru Ishikawa, that provides a systematic way of looking at effects and causes that create or contribute to effects.

Kaoru Ishikawa was a famous Japanese organizational theorist. He is regarded as the key figure in the development quality initiatives in Japan, outside Japan he is well diagram known for the Ishikawa or cause and effect diagram (also known as fishbone diagram)

Fishbone diagram also called Ishikawa diagram are casual diagrams which was created by Kaoru Ishikawa which showed the potential causes of a specific event. This diagram is used in product development and troubleshooting process. The advantages of fishbone diagram are

Disadvantages

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Adelyn's general business credit is limited to her net income tax reduced by the greater of her tentative minimum tax or 25 % of the net regular tax liability that exceeds $25000. therefore, adelyn's allowable general business credit for the year is $19,000.

Taxes point to mandatory contributions levied on person or manufacture by a government entity—whether local, regional, or national. Tax revenues value government activities, contain public works and services such as roads and schools, or programs such as Social Security and Medicare.

Adelyn's allowable general business credit for the year can be calculated by this equation below:

Adelyn's allowable general business = adelyn's net regular tax liability before the general business credit -  tentative minimum tax

Adelyn's allowable general business = $107,000 - $88,000 = $19,000

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There are three main types of consumer goods: durable goods, nondurable goods, and services.

Durable goods are consumer goods that have a long-life span (e.g. 3+ years) and are used over time. Examples include bicycles and refrigerators. Nondurable goods are consumed in less than three years and have short lifespans. Examples of nondurable goods include food and drinks. Services include auto repairs and haircuts.

Consumer goods are also called finals good, or end product, because they are the ultimate output of a productive process that occurs over time.

The two spheres of life that are most frequently impacted or altered by values are attitudes and behaviors. The correct response is option (4).

An individual's attitude is defined as their mental perspective, or how they feel or think about someone or something. Behavior describes the actions, motions, conduct, or behaviors of an individual or a group toward other individuals. built upon. Experience and observation.

When people put more focus on their own attitudes and feelings, they tend to act more in line with those feelings, therefore there is a link between attitude and behavior. Additionally, when people feel greater responsibility for their individual actions rather than the actions of a collective, their opinions are more consistent with their behavior.

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Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.

Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.

While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.

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The total debits ($33,309) do not equal the total credits ($34,888), the accounts are not in balance. Based on the given information, the accounts are not in balance.

In order to determine if the accounts are in balance, we need to understand the concept of debits and credits in accounting.
Debits and credits are used to record the increases and decreases in account balances. Debits increase asset and expense accounts, while credits increase liability, equity, and revenue accounts.
In this case, we have four T-accounts. One account has a credit balance of $34,888, while the other three accounts have debit balances of $23,322, $4,312, and $5,675.
To determine if the accounts are in balance, we need to compare the total debits to the total credits. If the total debits equal the total credits, then the accounts are in balance.
Let's calculate the total debits and credits:
Total debits: $23,322 + $4,312 + $5,675 = $33,309
Total credits: $34,888
Since the total debits ($33,309) do not equal the total credits ($34,888), the accounts are not in balance.
In conclusion, based on the given information, the accounts are not in balance.

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Answer:

Giving their workers' fair salary

Explanation:

If a company open their factory in another country,  they most likely do it in order to cut down the cost of their production (since they can pay their workers cheaper compared to the workers from their country of origin).

Economic responsibilities refers to fulfilling the company's obligation to the society while still maintaining economic profit.

Even though it's true that foreign workers tend to require cheaper salary, that doesn't mean that the company could just exploit them and force them to work with little salary as possible. The salary need to still enable those workers to live with a good standard of liking in that foreign country.

When multinational corporation opens a new factory in another country, they must ensure that economic requirement of minimum or fair wage must be provided to the workers.

Basically, the economic responsibilities refers to those obligation which is expected form an organization to the society and nation while still maintaining its economic profit.

The location of industry in the particular country by Multinational companies will be beneficial for the company but will be expected to adhere by the country requirement such as Licensing, tax, Minimum wage etc.

Therefore, when multinational corporation opens a new factory in another country, they must ensure that economic requirement of minimum or fair wage must be provided to the workers.

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The economic problems of the 1970s were caused by a combination of factors. One of the major contributors was the 1973 oil crisis.

Oil crisis caused a sharp rise in oil prices and a flow effect of higher inflation, unemployment, and declining economic growth. The early 1970s saw a dramatic increase in labor costs, that make it difficult for businesses to remain competitive.

All the factors combined among each other to create an economic environment of instability, rising prices, declining economic growth, key to a recession in mid 1970s. Other major contributors included the Vietnam War and the Nixon Shock, both of which caused sharp rise in government spending and also decreases the consumer confidence.

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To motivate a co-worker without formal authority, you need to understand their perspective, create a positive work environment, provide clear expectations.

Imagine you are working on a project with a co-worker who is not fully committed to the task. You have noticed that their lack of motivation is affecting the overall progress of the project, and you need them to be more proactive to complete the task on time.

To motivate your co-worker, start by understanding their perspective and what may be causing their lack of motivation. Perhaps they feel overwhelmed, unsure of their role, or not confident in their abilities. Once you have identified the underlying issues, you can address them.

Next, create a positive and encouraging work environment. Recognize and celebrate their successes, no matter how small they may be. This will boost their confidence and encourage them to take on more tasks.

Provide your co-worker with clear instructions and expectations. Make sure they understand the importance of their role in the project and how their contributions will impact the outcome. Encourage them to ask questions, offer feedback, and suggest ideas.

Finally, lead by example. Be proactive and show enthusiasm for the project. Your positive attitude will be contagious, and your co-worker will be more likely to follow your lead.

By doing so, you will help your co-worker feel more engaged, motivated, and committed to the task at hand.

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Mark and Martha have normal weights for their age and height. if Martha is like most women, her basal metabolic rate is: identical to mark's. higher than mark's option(c) i.e, lower than mark's.

The rate at which endothermic creatures burn energy per unit of time while at rest is known as the basal metabolic rate. It is expressed in watts, milliliters of oxygen per minute, or joules per hour per kilogram of body mass, or J/. A stringent set of requirements must be met for proper measurement.

A typical man's BMR is about 7,100 kJ per day, whereas a typical woman's BMR is about 5,900 kJ per day. Although energy use is constant, the rate changes during the day. Early in the morning is often when energy use is lowest.

The percentage of muscle mass, fat mass, and activity level that is expended each day account for about 90% of it. Although women's metabolisms do tend to be slower than men's, this tendency is mostly due to differences in body size and muscle mass, not gender. Someone who has more muscle and less fat is likely to have a healthier metabolism.

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The immediate setting in which a business functions is known as the micro environment. The term "macro environment" refers to the overall setting that may have an impact on how well all commercial companies operate. Competition, Organization as a Whole, Suppliers, Market, Intermediaries, and Customers (COSMIC).

The three environments interact with one another.

Through its strategies, the micro environment affects the market environment. The market environment, such as price cuts by competitors or changes in customer behavior, in turn, has an impact on the micro environment.

Through the market environment, such as the impact of taxation or a recession on consumer spending, the macro environment indirectly influences company.

Through interest rates on loans or regulations, the macroenvironment indirectly has an impact on the business.

Thus, Each environment's elements are interconnected.

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O ABC. Determining the monetary value of an economic activity entails measurement, a fundamental accounting concept.

In the accounting process, which involves calculating the monetary value of economic activity, measurement is an important stage. Finding the relevant economic activity, which is any transaction or occurrence that has an effect on the organization's finances, is the first step in the measuring process. The economic activity is then quantified, or given a monetary value. Finally, the data is systematically recorded, typically in a ledger or other accounting records. Financial data used to create financial statements like the balance sheet and income statement is the end product of the measurement process. Management, investors, and other stakeholders utilise these statements as a quick picture of an organization's financial condition and performance to make defensible decisions.

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i) The following is not a genuine concern about the issue of rising international public debt is c. declining investment. ii) The government action would have the lowest expansionary effect is c. doubling income tax rates.

i) c. declining investment. This is because declining investment is not related to rising international public debt.

ii) c. doubling income tax rates. Doubling income tax rates would decrease the disposable income of consumers, causing a decrease in consumption, investment, and aggregate demand.

iii) d. it increases at a slower rate than GDP does. As long as a country's debt grows slower than its GDP, it is considered sustainable because the country's economy grows faster than its debt.

iv) c. the public debt is sustainable. If the South African government can fund its deficits without the economy experiencing rising general prices, it means the public debt is sustainable.

v) c. A four-month exemption to pay import taxes from 1 Jan 2020 to end of April 2020. This was not a COVID-19 tax relief measure adopted by the South African government during 2020.

vi) a. Tax revenue collection during the COVID-19 hard lockdowns of March and April 2020 exceeded that from March and April 2021. Tax revenue collection in 2021 was better than that of 2020.

vii) b. The COVID 19 lockdowns of 2020 contributed to rising taxation collections from State Owned entities such as the Airports Company South Africa, Eskom, and the South African National Roads Agency Limited. This statement is false as the COVID 19 lockdowns of 2020 contributed to a decline in taxation collections from state-owned entities such as the Airports Company South Africa, Eskom, and the South African National Roads Agency Limited.

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