An economic system in which all resources are government-owned and production is coordinated by the central plans of government is known as a(n)
a.)pure market economy
b.)externalities
c.)centrally planned economy
d.)monopoly economy

The value of a perpetuity that pays $100 every year forever with an interest rate of 6.3% is $1,587.30.

To calculate the value of a perpetuity at pays $100 every year forever with an interest rate of 6.3%, you'll need to use the perpetuity formula. The formula is:

Perpetuity Value = Annual Payment / Interest Rate

In this case, the annual payment is $100 and the interest rate is 6.3% or 0.063 as a decimal. Plugging these values into the formula, you get:

Perpetuity Value = $100 / 0.063
Perpetuity Value = $1,587.30
So, the value of a perpetuity that pays $100 every year forever with an interest rate of 6.3% is $1,587.30.

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The repricing model is used to assess the interest rate sensitivity of a firm's assets and liabilities. This model determines the funding gap, which is the difference between the assets and liabilities that need to be funded within a certain period. In this case, we need to determine the funding gap for a maturity bucket of 91 days for the given government security dealer.

To calculate the funding gap, we need to first determine the cash inflows and outflows for the 91-day period. The assets of the dealer include $275 million 91-day treasury bills, which will mature within this period and generate cash inflows. The liabilities of the dealer include $575 million 14-day repurchase agreements, which will mature and require cash outflows within the period.

Using the repricing model, we can calculate the funding gap as follows:

Cash inflows:

91-day treasury bills = $275 million

Cash outflows:

14-day repurchase agreements = $575 million

Adjustment for rollover = ($575 million/14) x 91/91 = -$39 million

1-year commercial paper = $290 million

Adjustment for rollover = ($290 million/365) x 91/91 = -$23 million

Total cash outflows = $575 million - $39 million - $23 million = $513 million

Funding gap = Cash inflows - Cash outflows = $275 million - $513 million = -$238 million

The negative funding gap indicates that the government security dealer needs to raise additional funds to meet its cash outflows within the 91-day period. This can be done by issuing new debt or liquidating some of its assets. It is important for the dealer to manage its funding gap effectively to avoid liquidity and solvency risks.

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False. Human capital is not solely dependent upon an employee's current job or employer, as it can be developed through education, training, work experience, and other activities.

False. The human capital of employees is not solely dependent upon their current job or employer. Human capital refers to the knowledge, skills, experience, and abilities that individuals possess, and it can be developed through various means such as education, training, and work experience. While a person's current job or employer can contribute to their human capital development, it is not the only factor. Individuals can also acquire new skills and knowledge through personal interests, hobbies, volunteering, and other non-work related activities. Furthermore, an individual's human capital is transferable and can be applied to different jobs and industries, not just their current one.

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(a) The four types of intellectual property rights that can be protected under the law are:
1. Patents - Patents protect inventions or discoveries. An example of a patent is the invention of the telephone by Alexander Graham Bell.
2. Copyrights - Copyrights protect original works of authorship such as books, music, and software. An example of copyright is J.K. Rowling's Harry Potter series.
3. Trademarks - Trademarks protect brand names, logos, and symbols that distinguish a company's products from others. An example of a trademark is the Nike swoosh symbol.
4. Trade secrets - Trade secrets protect confidential business information such as formulas, designs, and processes. An example of a trade secret is the recipe for Coca-Cola.
(b) Three technology-related health risks and social issues that technology has created in society are:
1. Cyberbullying
2. Addiction
3. Privacy and security concerns

(a)

1. Patents - Patents are exclusive rights granted to inventors to prevent others from making, using, or selling their inventions without permission. For example, a pharmaceutical company may hold a patent for a new medication that they have developed.

2. Trademarks - Trademarks are symbols, names, or other distinctive features that identify and distinguish a company's products from others in the marketplace. For example, the Nike "swoosh" logo is a trademark that identifies their products.

3. Copyrights - Copyrights are legal protections given to authors and creators of original works, such as books, music, films, and computer programs. For example, a musician may hold a copyright for their new album.

4. Trade secrets - Trade secrets are confidential business information that provides a company with a competitive advantage. For example, the secret recipe for Coca-Cola is a trade secret that gives the company a competitive advantage over other soft drink manufacturers.

(b)

1. Cyberbullying - Technology has enabled bullies to use social media, instant messaging, and other online platforms to harass and intimidate others. Cyberbullying can have severe emotional and psychological effects on victims, and can even lead to physical harm.

2. Addiction - Technology addiction, such as internet addiction, can have negative effects on mental health, relationships, and academic or professional performance. It can also lead to physical issues such as eye strain and back pain.

3. Privacy concerns - Technology has made it easier for personal information to be collected and shared without consent, leading to privacy concerns. For example, social media platforms collect data on users' behaviors and preferences to target ads to them, but this can be seen as an invasion of privacy.

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The fair value of the Woods Inc. stock increased from $190,000 to $200,000.

a. If Indigo chooses to report the investment in Arroyo Company stock using the fair value option, it would make the following entry at December 31, 2020:

Debit: Investment in Arroyo Company stock (fair value) $88,000
Credit: Unrealized loss on investment in Arroyo Company stock $19,000
Credit: Investment in Arroyo Company stock (cost) $107,000

This entry reflects the decrease in fair value from the purchase date to December 31, 2020, resulting in an unrealized loss on the investment.

b. If Indigo did not select the fair value option for the investments in the Lee and Woods corporations, it would make the following entry at December 31, 2020:

No entry is required, as the investments would continue to be reported at their cost of $230,000 and $190,000, respectively. The fair value of the Lee Corporation stock increased from $230,000 to $278,000, but since Indigo did not select the fair value option, this increase would not be recognized in its financial statements. Similarly, the fair value of the Woods Inc. stock increased from $190,000 to $200,000, but this increase would also not be recognized.

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The production possibilities curve (PPC) is a graphical representation of the tradeoffs a society faces when allocating scarce resources between two goods.

The reason why the PPC has a bowed-out shape is due to the concept of increasing opportunity costs. As a society produces more and more of a particular good, the opportunity cost of producing an additional unit of that good increases. This occurs because resources are not equally efficient in producing both goods.

Therefore, as a society moves along the PPC, they must give up increasing amounts of the other good to produce more of the first good.

In the given example of a PPC for two goods, if we consider point A, we can see that it represents a combination where all resources are being used to produce good X. This means that society is producing zero units of good Y.

However, since society has a limited amount of resources, it may not be the best choice to produce only one good and completely ignore the production of another. This point is not efficient as it does not use all available resources to their full potential.

Similarly, if we consider point X, we can see that it represents a combination where all resources are being used to produce good Z. However, there is no production of either good X or Y. This point is also inefficient as it does not fully utilize all resources and society is losing out on the production of goods X and Y.

In conclusion, the bowed-out shape of the PPC represents the increasing opportunity cost of producing more of one good. Points A and X are both inefficient choices as they do not utilize all available resources and ignore the production of at least one good.

To maximize the use of resources and produce efficiently, a society should aim to produce at a point on the PPC where all available resources are being used and where production of both goods is balanced.

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False. The statement describes a situation where there is a match between the needs of the organization and the employee's skills, as well as a match between the inducements offered by the organization and the pay the employee is willing to accept.

While these factors may contribute to fair labor practices, they do not guarantee it. Fair labor practices are a broader concept that encompasses a range of factors, such as non-discrimination, safe working conditions, fair wages and benefits, and the right to organize and bargain collectively, among others. These practices are often governed by laws and regulations designed to protect workers and ensure that they are treated fairly and equitably in the workplace.

Therefore, while a match between organizational needs, employee skills, and pay may be important for creating a fair and equitable workplace, it is only one component of fair labor practices.

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The April 1, 2020 entry for NYC corporation  is: Cash (0.85 × $80,000 × (1 - 0.02)) = $67,960, Loan Payable (0.85 × $80,000) = $68,000

NYC Corporation secures a loan using accounts receivable as collateral. The loan proceeds are 85% of the receivables less a 2% finance charge.

Therefore, the amount of the loan is ($80,000 × 0.85) - ($80,000 × 0.85 × 0.02) = $68,000. NYC Corporation receives $67,960 in cash after deducting the finance charge.

The loan is recorded as a liability under Loan Payable. Since the interest on the loan is 10% per year, payable at the end of each month, no interest needs to be recorded on April 1, 2020.

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Complete question:

On April 1, 2020, NYC Corporation secures a loan with a finance company, using its accounts receivable of $80,000 as collateral for the loan. NYC Corporation agrees to remit customer collections as payments on the loan. Loan proceeds are 85% of the receivables less a 2% finance charge on the balance of the assigned receivables. In addition, the finance company charges 10% interest on the unpaid loan balance, payable at the end of each month.

Record the April 1, 2020, entry for NYC Corporation

C) Balance  is the ability to maintain equilibrium despite forces pulling off equilibrium.

Balance is the ability to maintain equilibrium or stability despite forces that may be pulling or pushing in different directions. It is a key component of many physical activities such as sports, dance, and yoga, as well as everyday movements like walking, standing, and sitting.

In the context of physical activity, balance can be improved through training and practice. This involves working on the body's ability to sense and respond to changes in position and movement, as well as strengthening the muscles and joints that are involved in maintaining balance.

In addition to physical balance, the concept of balance can also be applied to other areas of life, such as work-life balance or balancing competing priorities. In these contexts, balance refers to the ability to manage multiple demands and maintain a sense of equilibrium or stability, despite potential sources of stress or pressure.

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Answer: d. the percentage of the labor force that is out of work, and differences in average income from country to country are more likely to be studied by a macroeconomist than by a microeconomist.

d. The basic tools of supply and demand are central to macroeconomic analysis as well as to microeconomic analysis.

Explanation: Brainlist?

The price per share of Canyon Echo's stock is $43.47, based on your assumptions.

Based on the information provided, you are considering purchasing stock in Canyon Echo, which is expected to increase its dividend at a rate of 3.6 percent indefinitely.

The company recently paid a dividend of $3.71, and you believe the required return on the stock is 12 percent.

To find the price per share of the company's stock, you can use the Dividend Discount Model (DDM) formula:

P = D1 / (r - g)

where P is the stock price, D1 is the expected next dividend, r is the required return, and g is the dividend growth rate.

First, calculate D1, the expected next dividend:

D1 = current dividend * (1 + g)

D1 = $3.71 * (1 + 0.036) = $3.8416

Now, plug the values into the DDM formula:

P = $3.8416 / (0.12 - 0.036) = $43.47

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Job rotation, doesn't totally eliminate the problem of boredom because employees may eventually become bored with all the jobs in the cycle. It is the process of periodically moving employees from one job to another within an organization, is often implemented as a strategy to reduce boredom and increase job satisfaction. However, it is important to note that job rotation does not entirely eliminate the problem of boredom.

While job rotation can provide variety and challenge to employees, there are several reasons why it may not be entirely effective in eliminating boredom. Firstly, employees may become bored with all the jobs in the cycle, even if they are rotated periodically. This is because job rotation typically involves a limited number of tasks or job positions, which may eventually become repetitive or uninteresting to the employee. Secondly, some employees may prefer to specialize in a particular job or function and may not enjoy the frequent changes in job duties that come with rotation. This can lead to feelings of dissatisfaction and disengagement from work.

But, Job rotation can be time-consuming and costly for organizations to implement. It requires significant planning and coordination to ensure that employees are trained and prepared for each new job position.  In summary, while job rotation can be an effective strategy for reducing boredom and increasing job satisfaction, it is not a foolproof solution. Employers should consider implementing other strategies, such as job enrichment or job redesign, to provide employees with greater autonomy, decision-making authority, and opportunities for growth and development. Additionally, employers should regularly assess employee engagement and job satisfaction levels to identify areas of improvement and adjust their strategies accordingly.

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The flying geese model is a term used to describe the process of economic development in East Asia. It suggests that as one country develops and progresses, it pulls its neighbouring countries along with it, much like a flock of migrating geese. The model is based on the idea that a country's success is closely tied to its relationships with neighbouring countries and that cooperation and collaboration between countries can lead to mutual benefits and growth.

The implications of the flying geese model are significant. First, it suggests that economic development is not a zero-sum game and that there can be shared benefits across countries. This has led to increased regional cooperation and integration, as countries seek to work together to achieve common goals.

Second, the model highlights the importance of government policies in driving economic development. Countries that have successfully followed the flying geese model have typically had strong, proactive governments that have implemented policies to promote growth and development.

Finally, the flying geese model has led to increased attention on the role of multinational corporations in economic development. As countries seek to attract investment and promote growth, they have increasingly turned to foreign companies to provide capital and expertise. This has led to both opportunities and challenges, as countries seek to balance the benefits of foreign investment with the need to protect their own interests and ensure that development is sustainable and equitable.

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Rachel's deduction against her salary income is $0, as passive losses cannot be used to offset non-passive income.

Step 1: Calculate the net passive income from all activities:
Activity X: $9,000 (taxable income)
Activity Y: -$18,000 (loss)
Activity Z: $10,000 (taxable income)

Net passive income = $9,000 - $18,000 + $10,000 = $1,000

Step 2: Apply the carried over passive losses from activity Z ($58,000) against the current year's net passive income ($1,000):
$58,000 - $1,000 = $57,000 (remaining carried over losses)

Step 3: Consider the taxable gain from the sale of activity Z ($20,000). Apply the remaining carried over losses against this gain:
$57,000 - $20,000 = $37,000 (remaining carried over losses after the sale)

Since Rachel's salary of $100,000 is not a passive income, her passive losses cannot be deducted against her salary income.

In conclusion, Rachel's deduction against her salary income is $0, as passive losses cannot be used to offset non-passive income.

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The share of profits or sales revenue paid to the franchisor is called a(n) royalty fee.

In a franchising agreement, the franchisee typically pays a royalty fee to the franchisor, which is a percentage of the franchisee's sales revenue or profits. This fee provides the franchisor with ongoing revenue and helps cover the costs of providing support, training, and other services to the franchisee.

The royalty fee may be a fixed percentage of sales or profits, or it may be a sliding scale that varies based on the franchisee's performance. The franchisor may also require the franchisee to pay other fees, such as an initial franchise fee or marketing fees. Overall, the royalty fee is an important aspect of the franchising business model, as it helps ensure a consistent revenue stream for both the franchisor and franchisee.

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Assuming these machines are mutually exclusive, Dammon Corporation would choose Machine C, as it has the shortest payback period of 2 years.

The Dammon Corporation is considering three investment opportunities:

Machine A, Machine B, and Machine C, with respective costs of $10,000, $22,500, and $35,500.

To determine the best option using the payback method, we need to calculate the payback period for each machine.

The payback period is the time it takes for the initial investment to be recovered through cash inflows.

Machine A:

Year 1: $6,000

Year 2: $3,000

Year 3: $3,000

Total inflows: $12,000

Payback period: 3 years

Machine B:

Year 1: $12,000

Year 2: $7,500

Year 3: $1,500

Year 4: $1,500

Total inflows: $22,500

Payback period: 2.5 years

Machine C:

Year 1: $0

Year 2: $30,000

Year 3: $5,000

Year 4: $20,000

Total inflows: $55,000

Payback period: 2 years

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Financial ratios for both 2019 and 2020: inventory turnover, day's sales outstanding, fixed assets turnover, total assets turnover, debt-to-assets ratio, time-interest-earned ratio, profitability ratios, and market ratios.

Here's a step-by-step guide:1. Calculate Inventory Turnover: Divide the cost of goods sold by average inventory.2. Calculate Day's Sales Outstanding: Divide accounts receivable by average daily sales.

3. Calculate Fixed Assets Turnover: Divide net sales by average net fixed assets.4. Calculate Total Assets Turnover: Divide net sales by average total assets.

5. Calculate Debt-to-Assets Ratio: Divide total debt by total assets.6. Calculate Time-Interest-Earned Ratio: Divide earnings before interest and taxes by interest expense.

7. Calculate Profitability Ratios: Include gross profit margin, operating profit margin, and net profit margin.8. Calculate Market Ratios: Include price-to-earnings ratio and dividend yield.

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An organization's cost of preferred stock is 15.33%. The correct option is b. 15%.

1. Identify the variables:
  Dpref = $4 (preferred dividend per share)
  Ppref = $30 (price per preferred share)
  g = 2% (growth rate)

2. Use the dividend discount model formula to calculate the cost of preferred stock (Kpref):
  Kpref = (Dpref / Ppref) + g

3. Plug in the values:
  Kpref = (4 / 30) + 0.02

4. Perform the calculations:
  Kpref = 0.1333 + 0.02

5. Convert the result to a percentage:
  Kpref = 15.33%

So, the organization's cost of preferred stock is 15.33%, which corresponds to option b.

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The relationship between money supply price growth In general, it can be said that there is an positive and inflation. This is because there is more money chasing the same amount of goods, leading to inflation.

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In this system, a new employee is paired with a more experienced or senior worker who shows the new person around, helps them get familiar with the workplace culture, and provides guidance on work-related tasks.

here the solution is true. The "buddy system" is an informal orientation system that is commonly used by some organizations to pair new employees with senior workers who can provide guidance and support. This helps the new person get acclimated to their new workplace and understand the company culture.  the buddy system is a useful tool for onboarding new employees because it helps them feel more comfortable and supported as they learn the ropes. Having a mentor or buddy to show them around and answer their questions can make a big difference in their overall experience and help them feel more connected to their new workplace.

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Upon receiving a written request from a property owner, the Homeowners Association (HOA) is typically required to provide a disclosure certificate within 10 days. This disclosure document contains essential information about the property and the community, such as fees, restrictions, and any violations.

Thank you for your question. According to California law, the HOA must provide the disclosure certificate within 10 days of receiving a written request from the property owner. The disclosure certificate is a document that provides information about the property, including any HOA fees, rules, and regulations, as well as any pending lawsuits or special assessments that may impact the property value. It is important for buyers to review the disclosure certificate carefully before purchasing a property in an HOA to ensure they understand all the obligations and restrictions that come with living in the community. Failure to disclose this information can result in legal action against the HOA. Therefore, it is crucial for the HOA to comply with the 10-day deadline to provide the disclosure certificate to the property owner. Overall, the disclosure certificate is a crucial part of the real estate transaction process and helps to protect both the property owner and the HOA from any potential legal issues in the future. It is important for potential buyers and property owners to review the disclosure to understand their rights and responsibilities within the HOA.

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The value of the bond if the market rises 10% is approximately $620.9.

To determine the value of this bond, we need to first understand that since it pays no interest, it is essentially a zero-coupon bond.

In such a case, the bond's value is determined by discounting its par value to the present value using the prevailing market interest rate.

Let's calculate the bond's value step-by-step:

1. Determine the market interest rate: The market has risen by 10%,

so we will assume the market interest rate has also increased by 10%.

2. Calculate the present value factor: Use the formula PV Factor

= 1 / (1 + market interest rate) ^ years to maturity. In this case, PV Factor = 1 / (1 + 0.10) ^ 5.

3. Calculate the present value of the bond: Multiply the par value by the present value factor. In this case, Present Value = $1,000 * PV Factor.

Following these steps:

1. Market interest rate = 10% = 0.10

2. PV Factor = 1 / (1 + 0.10) ^ 5 = 1 / (1.10 ^ 5) ≈ 0.6209

3. Present Value = $1,000 * 0.6209 ≈ $620.9

So, the value of the bond if the market rises 10% is approximately $620.9.

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True. The role of the Product Owner in Agile methodology is to act as the bridge between the Development Team and the stakeholders or customers. The Product Owner is responsible for defining and prioritising the product backlog, ensuring that the highest value features are developed first.

This involves understanding the needs and wants of the stakeholders and ensuring that the product meets those requirements.

However, the Product Owner is also responsible for ensuring that the work of the Development Team is valuable and contributes to the overall success of the product. This involves collaborating with the Development Team to identify technical debt and potential improvements to the development process, as well as ensuring that the team has the resources and support needed to work effectively.

In essence, the Product Owner is responsible for both the content loaded into the product (i.e. the features and functionality) and the way that content is developed (i.e. the value of the work of the Development Team). By prioritising the backlog and working closely with the Development Team, the Product Owner can ensure that the product is both valuable and successful in meeting the needs of the stakeholders.

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The utility costs paid for production should be classified as variable manufacturing overhead cost. This is because utility costs are directly related to the level of production and can vary based on the amount of output produced.

Wages paid to assembly line workers, depreciation on factory machines, and annual insurance premiums are typically considered fixed manufacturing overhead costs as they do not vary with changes in production levels.
Wages paid to assembly line workers, depreciation on factory machines, annual insurance premium paid for factory workers, and utility costs paid for production.The variable manufacturing overhead cost among these options is utility costs paid for production. Variable manufacturing overhead costs are those costs that change with the level of production and are directly related to the production process. Utility costs, such as electricity and gas, tend to change based on production levels, making them variable in nature.

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The utility costs paid for production should be classified as variable manufacturing overhead cost, as they vary with the level of production. Wages paid to assembly line workers, depreciation on factory machines, and annual insurance premium paid for factory workers are examples of fixed manufacturing overhead costs, as they do not change with the level of production.

Among the options provided, the variable manufacturing overhead cost is the utility costs paid for production.

Here's a brief explanation of each term:

1. Wages paid to assembly line workers: This is considered a direct labor cost, not a manufacturing overhead cost.
2. Depreciation on factory machine: This is a fixed manufacturing overhead cost, as it does not vary with production levels.
3. Annual insurance premium paid for factory workers: This is also a fixed manufacturing overhead cost, as it is paid annually and does not vary with production levels.
4. Utility costs paid for production: This is a variable manufacturing overhead cost, as it tends to change based on the level of production. Higher production levels usually result in higher utility costs, while lower production levels have lower utility costs.

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Journal Entries that the buyer records for the (a) purchase: Inventory (debit) $29,200, Accounts Payable (credit) $29,200

b. Cash payment within discount period:

Accounts Payable (debit) $28,354.80

Inventory (credit) $19,914

Cash (credit) $8,440.80

c. Cash payment after discount period:

Accounts Payable (debit) $29,200

Cash (credit) $29,200

a. Sale:

Accounts Receivable (debit) $29,200

Sales (credit) $29,200

b. Cash collection within discount period:

Cash (debit) $28,354.80

Sales Discounts (debit) $845.20

Accounts Receivable (credit) $29,200

c. Cash collection after discount period:

Cash (debit) $29,200

Accounts Receivable (credit) $29,200

In the gross method, the seller records the sale at the full invoice price, and the buyer records the purchase at the same amount. When the buyer pays within the discount period, the discount amount is recorded in the seller's books as a reduction of revenue (sales discounts).

If the buyer pays after the discount period, the full invoice price is recorded as revenue in the seller's books. When the seller receives the cash, the accounts receivable is reduced. When the buyer pays within the discount period, a cash discount is recorded as a reduction in the accounts payable.

If the buyer pays after the discount period, the full invoice price is recorded as a reduction in accounts payable. The perpetual inventory system updates the inventory account continuously as goods are purchased and sold.

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Complete question:

santa fe retailing purchased merchandise from mesa wholesalers with credit terms of 3/10, n/60 and an invoice price of $29,200. the merchandise had cost mesa $19,914. assume that both buyer and seller use a perpetual inventory system and the gross method.

1. prepare entries that the buyer records for the (a) purchase, (b) cash payment within the discount period, and (c) cash payment after the discount period.

2. prepare entries that the seller records for the (a) sale, (b) cash collection within the discount period, and (c) cash collection after the discount period.

Banks are generally able to offer more benefits on MMDAs than on NOW accounts because they are not required to hold cash reserves against MMDAs. This means that they have more flexibility in managing the funds deposited in MMDAs and can invest them in various financial instruments to earn higher returns.

Additionally, MMDAs often have higher interest rates and fewer transaction restrictions compared to NOW accounts, making them more attractive to customers looking to earn more on their deposits.

Therefore, banks can use these advantages to offer more benefits, such as higher interest rates, fewer fees, and more convenient account features, to attract and retain customers.

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It is true that independently owned firms that take title to the goods they handle are known as the wholesalers.

They typically purchase goods in large quantities from manufacturers or other suppliers, and then sell them in smaller quantities to retailers or other businesses. Wholesalers may also provide additional services such as warehousing, delivery, and financing to their customers. Unlike brokers or agents, wholesalers own the products they sell and bear the risk of any unsold inventory. They play an important role in the distribution chain, helping to connect producers and manufacturers with retailers and other end customers. Overall, wholesalers serve as a vital link in the supply chain, providing a range of goods and services that help businesses to operate efficiently and effectively.

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The enforceability of an oral contract for the sale of goods depends on the circumstances surrounding the agreement, as well as the applicable laws in the jurisdiction where the contract was formed.

Under the United States' Uniform Commercial Code (UCC), an oral contract for the sale of goods can be enforceable even if it is not in writing, as long as the parties have reached an agreement on the essential terms, including the quantity, price, and delivery terms.

However, some states may require a written contract for sales over a certain dollar amount.

In the scenario you provided, if the seller has selected manufacturing the goods specifically for the buyer, and the buyer has accepted the offer to purchase those goods, then an oral contract for the sale of those goods could potentially be enforceable.

However, it is important to note that proving the existence and terms of an oral contract can be difficult in the absence of written documentation. Therefore, it is generally advisable to have a written contract that clearly outlines the terms of the agreement to avoid potential disputes.

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In the marketing mix, products and services are the elements that create value. The correct option is create value.

These are the tangible and intangible offerings that a company provides to its customers in exchange for payment. A product can be anything from a physical item like a phone or a car, to a digital product like software or an e-book. A service, on the other hand, can be a professional service like consulting or a customer service hotline.

By creating value through their products and services, companies are able to meet the needs and wants of their target audience, and ultimately build strong customer relationships. This is why it is crucial for businesses to carefully design and develop their products and services to ensure that they are meeting customer demands and delivering value that sets them apart from competitors. The correct option is create value.

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The mean and standard deviation for the class is 76 and 4 respectively.

To find the mean and standard deviation for the class, we can use the formula for z-score:

z = (x - mean) / standard deviation

Step 1: We know that a score of 80 had a z-score of 1.0, so we can plug in these values and solve for the mean:

1.0 = (80 - mean) / standard deviation

Step 2: Multiplying both sides by standard deviation gives:

standard deviation = 80 - mean

Step 3: Similarly, we can use the information that a score of 84 had a z-score of 2.0:

2.0 = (84 - mean) / standard deviation

Step 4: Multiplying both sides by standard deviation and using the expression we found for standard deviation above:

2.0 = (84 - mean) / (80 - mean)

Step 5: Cross-multiplying and simplifying:

160 - 2mean = 84 - mean

Step 6: Rearranging and solving for the mean:

mean = 76

Step 7: Now that we know the mean, we can use either of the two equations we derived earlier to solve for the standard deviation:

standard deviation = 80 - mean = 80 - 76 = 4

Therefore, the mean for the class is 76 and the standard deviation is 4.

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