Answer:
U.S. GDP increase by $29.99
Explanation:
given data
buy new iClicker 2 from bookstore for $29.99
used iClicker 2 online = 10
to find out
How much does U.S. GDP increase by
solution
we know that GDP is only include value of good and service produce during the certain period of time
and here we buy new iClicker 2 from the Illinois bookstore at $29.99 is only part of U.S. GDP
but when used iClicker 2 online is at $10 is not the part of U.S. GDP
so we can say U.S. GDP increase by only at $29.99
so U.S. GDP increase by $29.99
Consider a two-step mortgage for $150,000, 30 years, monthly payments, an initial interest rate of 5%, a cap of 5%, and a single rate adjustment at the end of year 7. Assume that the index rate at the end of year 7 is 5% and the margin is 2%. If the borrower pays an extra $100 with each payment starting in month 85, by how many months will he shorten the term of the loan
Answer:
Consider the following calculations
Explanation:
This 2-step mortgage problem requires a 2-step solution.
To solve for the PMT for the last 23 years of the loan, we first need to know what the principal is at the end of the 7th year.
Thus, step I uses the initial info to solve for the PMT for each month of the first 7 years. N=360, I/Y=5(%)/12 = 0.416667(%), PV=150,000, => PMT = 805.
The discount rate will change to 5% index rate plus 2% margin = 7% at the beginning of the 8th year.
In Step II we first determine the remaining balance at the end of year 7. This requires using the amortization worksheet.
On the TI BA II Plus, AMORT is the secondary function of PV.
Set P1, the periods at which the calculations begin, equal to 1. We cursor down to P2, which is the last period of the calculation, and set it equal to 84. Cursoring down once again, we see that BAL at month 84 = 131,917.52.
Going back to the TVM row, we set PV remaining at the end of 23 years = 131,917.52. I/Y is calcluated as 5(%) index rate plus 2(%) margin =7%; dividing 7(%) by 12 = 0.583333(%). N=360-84 = 276 months left.
Finally, we solve for PMT = 962.89.
If you were a raising peaches, apricots or nectarines Pearblossom or Little Rock, or growing hay and alfalfa outside of Palmdale or Lucerne, in the western Mojave, all crops that had relatively high water needs, could you rely on precipitation to sustain your crops? How would you be likely to get water for your crops – where would this water probably come from?
College business.
Answer: no I wouldn't rely on precipitation.
Explanation:
I wouldn't rely on precipitation because these crops have a very high need for water that only natural source can't suffice.
Irrigation water can be used as a source, can come from groundwater, through springs or wells, surface water , through rivers, lakes, or reservoirs, or even other sources , such as treated wastewater or desalinated water .
During formation of Beecky partnership, Sam contributed property with an adjusted basis of $130,000 in exchange for a 25% interest in Beecky. The fair market value of the contributed property was $170,000 and the property was encumbered by a mortgage with a balance of $120,000. What amount of gain should Sam recognize from contributing the property into Beecky partnership?
Answer:
Sam would not recognize any gain on the contribution.
Explanation:
A partner does not recognize a gain on the contribution from the appreciated property to a partnership unless it is subject to a liability that exceeds the contributing partner basis in the property. Sam is contributing property with a basis of $130,000, subject to a liability of $120,000, for a 25 % in partnership. As a result Sam would have a basis in the contributed property, minus the $120,000 liability assumed by the partnership, plus Sam's portion of the liability, 25% x $120,000 or $30,000.
Tanya's employer offers a cafeteria plan that allows employees to choose among a number of benefits. Each employee is allowed $6,000 in benefits. For 2019, Tanya selected $3,420 ($285 per month) of parking, $1,780 in 401(k) contributions, and $800 of cash. How much must Tanya include in taxable income?
Tanya must include $3,420 in taxable income.
Explanation:Tanya must include $3,420 in taxable income.
In a cafeteria plan, the amount an employee contributes to certain benefits, such as parking and 401(k) contributions, is tax-free. However, any cash received from the cafeteria plan is taxable income. In this case, Tanya selected $3,420 of parking and $1,780 of 401(k) contributions, which are not taxable. But the $800 of cash she received is considered taxable income.
Therefore, Tanya must include $800 in taxable income.
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The purchasing agent of the Poplin, Inc. ordered materials of lower quality in an effort to economize on price. What variance will most likely result?
(A) Favorable materials quantity variance
(B) Favorable total materials variance
(C) Unfavorable materials price variance
(D) Unfavorable labor quantity variance
Answer:
(D) Unfavorable labor quantity variance
Explanation:
Since in the question, the lower quality material is ordered so that less price can be given which required more hours to process the material as compared to the standard which results in unfavorable labor quantity variance
The formula to compute the labor quantity variance is shown below:
= Standard Rate × (Actual hours - Standard hours)
If the standard hours are more than actual hours than it leads to unfavorable instead of favorable
Rhine Company sets price equal to cost plus 40%. Recently, Rhine charged a customer a price of $280 for an item.
What was the cost of the item to Rhine?
a. $580
b. $340
c. $200
d. $185
e. $120
Answer:
Option (C) is correct.
Explanation:
Given that,
Price of an item charged by the Rhine company = $280
Rhine company sets price = Cost + 40% of cost
Let the cost of an item to Rhine be x,
Hence,
Price = x + 40%(x)
$280 = x + 0.4x
$280 = 1.4x
x = $280 ÷ 1.4
= $200
Profit for Rhine = Price - cost
= $280 - $200
= $80
Therefore, the cost of the item to Rhine is $200.
Luther is a successful logistical services firm that currently has $5 billion in cash. Luther has decided to use this cash to repurchase shares from its investors, and has already announced the stock repurchase plan. Currently Luther is an all equity firm with 1.25 billion shares outstanding. Luther's shares are currently trading at $20 per share.With perfect capital markets, what is the market price per share of Luther's stock after the share repurchase?A) $25B) $24C) $15D) $20
Answer:
Total market value of shares
= 1.25 billion x $20
= $25 billion
Market value of the share after share repurchase
= $25 billion - $5 billion
= $20 billion
Number of shares repurchased
= $5 billion/$20 per share
= 0.25 billion shares
Number of shares outstanding after the share repurchase
= 1.25 billion shares - 0.25 billion shares
= 1 billion shares
Market price per share after repurchase
= $20 billion/1 billion shares
= $20 per share
The correct answer is D
Explanation:
The market value of the company's shares should be calculated which is a function of number of shares outstanding multiplied by market price per share. Then, we will calculate the market value after the share repurchase by deducting the value of share repurchase from the total market value. we also need to calculate the number of shares repurchased by dividing the cash available by market price per share. Number of shares outstanding after the share repurchase is the difference between the total number of shares and the number of shares repurchased. Finally, the market price per share after the share repurchase is calculated by dividing the market value of shares after repurchase by the number of shares outstanding after repurchase.
The market value of the company's shares should be computed as a function of the number of outstanding shares multiplied by the market price per share. Hnce option D is correct.
What is the share repurchase ?The market value after the share repurchase will be calculated by subtracting the value of the share repurchase from the total market value. We must also compute the number of shares repurchased by dividing the available cash by the market price per share.
The difference between the total number of shares and the number of shares repurchased is the number of shares outstanding after the share repurchase.
Finally, the market price per share following share repurchase is calculated by dividing the market value of shares after repurchase by the number of shares outstanding following repurchase.
Total market value of shares
= 1.25 billion x $20
= $25 billion
Market value of the share after share repurchase
= $25 billion - $5 billion
= $20 billion
Number of shares repurchased
= $5 billion/$20 per share
= 0.25 billion shares
Number of shares outstanding after the share repurchase
= 1.25 billion shares - 0.25 billion shares
= 1 billion shares
Market price per share after repurchase
= $20 billion/1 billion shares
= $20 per share
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When both parties agree to definitize a contract change before the work is begun, the change is made contractually through a __________.
Answer:
Supplemental agreement
Explanation:
A supplemental agreement is an agreement which is modified (but not replaced and/or rearranged) with the mutual understanding and consent of both the parties involved. The binding spirit of the contract is not affected because of this modification, nor the mutual considerations to be transferred. The reason behind a supplemental agreement could be anything, it might be because for the inclusion of some important consequences that were previously left unmentioned, which could have increased the contractual inadequacy risk for both the parties or any reason detrimental to legal and/or financial capacity of the parties involved.
The demand curve for pizza is downward sloping because
A. as the price of pizza rises, people will seek other, relatively cheaper alternatives, like hamburgers or tacos.
B. pizza is popular and there are more pizza parlors.
C. when fewer pizzas are produced, the money in people’s pizza budgets does not have to stretch as far.
D. when pizza prices rises, the price of other goods must also be rising, so people cannot afford to buy as much.
Answer:
The correct answer is A
Explanation:
The demand curve is downward sloping, it means or states that there exist the inverse relationship among the quantity demanded and the price. In other words, it states that when the price increases, the demand for the goods decreases whereas, when the price falls, the demand of the goods will increase.
So, the demand curve of pizza is downward sloping, it is because as the price of the pizza increases and people seek other alternatives, which is cheaper, which in turn decreases the demand of pizza.
The Florida Real Estate Commission (FREC) was first organized in 1926. It is composed of 7 members who are appointed by the Governor and approved by the Senate. The purpose of the FREC is:__________.
Answer:
Protect the Public by Educating and Licensing Sales Associates and Brokers and creating real estate laws.
Explanation:
The Florida Real Estate Commission (FREC) was established primarily for the protection of the public by educating and reguating real estate licensees. The commission make real estate laws, creates licensing criteria for sales associates and brokers. All these are done primarily to protect the public.
Of the 7 members appointed by the Governor, one is a licensed sales associate or broker and must have held an active license for at least 2 years before the appointment. Four other members are licensed brokers with atleast 5 years active license. The final 2 members must be individuals who have never been sales associates or brokers.
Aundria's husband passed away in 2017. Since then, she has maintained a home for herself and her son, Brandon (15). If she does not remarry by December 31, which filing status is most advantageous for her to use on her 2019 return and what is her standard deduction?
Single; $12,200.
Qualifying widow(er); $24,400.
Married filing separately; $12,200.
Head of household; $18,350.
Answer:
Qualifying widow(er); $24,400.
Explanation:
If she has a dependent child and has not remarried until two years after her husband's death, she can file as Qualifying Widow (Widower) with Dependent Child.
Scenario C At DoubleTalk, Inc., Joe, a supervisor, pushes his employees' performance by constantly checking their work and threatening them if they fail to keep their deadlines. After months of mistreatment, the employees get together and sign a letter to the human resources department to express their grievances. What form of influence are the employees using?
a. Impression management
b. Silent authority
c. Referent
d. Assetiveness
e. Persuasion
Answer:
in 4 days i will delete brainly warn to friends b btw
Explanation:
You would like to generate a number of potential ideas. What type of thinking would best facilitate this?a. Egocentric Tendencies b. Systems Thinking c. Critical Thinking
Answer:
The correct answer is letter "C": Critical Thinking.
Explanation:
Critical Thinking is the type of thinking that allows individuals to discriminate and have a particular judgment over a specific matter. It helps by determining accuracy and validity on that topic by gathering a certain quantity of information to then highlight the most relevant.
Since much innovation arises from experimentation and improvisation, the _____ organization structure is typically considered better suited for innovation despite its possible detriment to efficiency. Multiple Choice formalized mechanistic organic standardized
Answer:
Organic.
Explanation:
An organic organizational structure has emerged from a current need for companies to quickly adapt to market changes and optimize processes. Which is justified by the great competition of the market and its instability.
This structural model is characterized by greater flexibility rather than rigidity, as decisions are decentralized and there is greater interaction between the functional areas of the organization. The benefits of this organic structural model are mainly the possibility of innovation and adaptation to changes, the hierarchical flexibility that generates greater interaction between employees and motivation to contribute with solutions to possible problems.
But like every structural model, there are also the negatives, which can be justified by the emphasis on relationships, which can cause inefficiency at some point, as concern for human needs can be taken into account more than concern for technical efficiency, which is a relevant challenge for companies with an organic structure.
Contributions of assets always have restrictions attached as to their use. 41. During the annual fund-raising drive, the Cancer Society raised $900,000 in pledges of financial support for general operations. By fiscal year-end, the society had collected $600,000 of the pledges. The society estimates that 10% of the remaining pledges will be uncollectible. The NET amount of revenue the society should recognize during the current year from this pledge drive is
a) $900,000.
b) $870,000.
c) $810,000.
d) $600,000.
Answer:
b) $870,000.
Explanation:
Step 1. Given information.
the Cancer Society raised $900,000 in pledges of financial support for general operationsCollected 600.000 The society estimates that 10% of the remaining pledges will be uncollectible
Step 2. Formulas needed to solve the exercise.
Net amount revenue = Mount raised - (remaining pledges * estimation of uncollectibles revenues)
Step 3. Calculation.
$900.000 - $300.000 * 10% = 870.000
Step 4. Solution.
The NET amount of revenue the society should recognize during the current year from this pledge drive is 870.000
During the implementation phase of the systems development life cycle (SDLC), in _____, as each module of a new system is converted, the corresponding part of an old system is retired.a. Parallel Conversionb. Plunge Conversionc. Pilot Conversiond. Phased-iIn-Phased-Out Conversion
Answer:
The correct answer is letter "D": Phased-In-Phased-Out Conversion.
Explanation:
Systems Development Life Cycle or SDLC is the process of creating and changing systems. models and methodologies that people use to develop software. In the Phased-In-Phased-Out Conversion stage, the new information system is split into several modules so they can be easily introduced and gradually the previous system used is left behind.
To the extent that Italian Americans have intermarried with Anglo Americans and are proportionately represented in various societal institutions, they have experienced:
(A) minitorization
(B) ethnic loss
(C) structural assimilation
(D) acculturation
Answer:
The correct answer is (C) structural assimilation
Which mode of transportation typically has the highest value-to-weight ratio? (Food for thought as you answer this question: Think of taking the value of the items typically shipped by a given mode and then dividing that value by the weight of the item. For example, compare the value-to-weight ratio of coal shipped on the water versus the value-to-weight ratio of an electronics item purchased online and shipped via truck or road. Which of these two has the higher value-to-weight ratio?A. Road B. MultimodalC. WaterD. PipelineE. RailF. Air
Option F, Air
Explanation:
The value to weight of an item is an indicator of the financial value per kilogram or kilo of an item. It is an important step for the development and strategy of the distribution chain.
If it is decided whether the cost savings in total inventory holding costs should be compared with savings on cost by means of cheaper transportation when shipments are made by sea, taking longer, than by air, usually the shorter one.
The diamonds and coal are a different example of the weight ratio. They are two types of carbon but they are of very different weight ratios. For diamonds, air and private jet charter can be well justified, depending on the size and value of the shipment.
Jack and Jill’s Place is a nonprofit nursery school run by the parents of the enrolled children. Since the school is out of town, it has a well rather than a city water supply. Lately, the well has become unreliable, and the school has had to bring in bottled drinking water. The school’s governing board is considering drilling a new well (at the top of the hill, naturally). The board estimates that a new well would cost $3,025 and save the school $580 annually for 10 years. The school’s hurdle rate is 8 percent.
A nonprofit nursery school is evaluating the cost-effectiveness of drilling a new well, with this situation highlighting broader issues of global water crises and the importance of sustainable solutions for clean water and sanitation.
Explanation:The question pertains to a nonprofit nursery school considering drilling a new well to replace an unreliable water source. The school must evaluate the financial viability of this project, factoring in the initial cost, annual savings, and hurdle rate. The broader context raises significant issues surrounding the provision of clean water and sanitation, as well as the economic and health impacts of water crises affecting communities globally. Drilling a new well is a microcosm of these larger challenges, and must be considered alongside sustainable solutions like clean water delivery and adequate sewage treatment. Such infrastructure investments often yield significant returns through improved health, productivity, and reduced environmental impact, as indicated by the World Health Organization's statistics and the Flint, Michigan crisis. Moreover, alternative local water treatment methods such as home filtration, chlorination, and solar disinfection offer sustainable and cost-effective approaches over expensive bottled water.
Economies of scope Question 21 options: stem from the cost-saving efficiencies of scattering a company's manufacturing/assembly plants over a wider geographic area. have to do with the cost-saving efficiencies of operating across a bigger portion of an industry's total value chain. stem from cost-saving strategic fits along the value chains of related multiple businesses.
Answer:
stem from cost-saving strategic fits along the value chains of related multiple businesses.
Answer:
Economies of scope stem from cost-saving strategic fits along the value chains of related multiple businesses.
Explanation:
Economies of scope holds that as more and more of different but related products are produced, the unit cost it takes to produce one product will reduce.
This happens because an organization that produces multiple similar products can streamline its processes and equipment such that it cuts out costs that would have been incurred if the products were produced separately. For example using one equipment to produce a variety of products decreases production costs.
Similarly, multiple related businesses, considering their resources, can take advantage of available opportunities they present each other, and streamline activities along their value chains to reduce costs.
Baldwin’s product Bold has material costs that are rising from $6.82 to $7.82. Assume that period costs and other labor costs remain unchanged.
If Baldwin decides to absorb the cost and not pass any on to its customers in the form of raised prices how many units of product Bold would need to be sold next round to break even on the product?A. 854B. 970C. 1,019D. 1,021
Answer:
B. 970
Explanation:
Step 1. Given information.
When we are calculating break-even there is no question of unsold amount and hence the inventory cost will be irrelevant.
Let 'B' be the break-even quantity.
Step 2. Formulas needed to solve the exercise.
At breakeven,
Sales($) - Variable Cost($) - Period Cost($) = 0
Step 3. Calculation and Step 4. Solution.
or,
17B - (7.82+1.8)B - 7161 = 0 B = 7161/(17 - 9.62) = 970Rayburn owns all the shares of Newcastle Corporation, which operates as an S corporation. Rayburn's basis in the stock is $15,000. During the year, he receives a cash distribution of $22,000 from Newcastle. What must Rayburn and Newcastle report as income from the cash distribution?
Answer:
$7,000 $-0-
Explanation:
For Rayburn to know what to record from the cash distribution, he will need to subtract his basis in the stock from the cash distribution he receives
Therefore $22 000 - $15 000 = $7 000.
And Newcastle has no income =$-0-
Your supervisor has placed you in charge of hiring a new, full-time administrative assistant for your department.
1. Prepare an advertisement for that position that complies with federal law. This advertisement must be detailed. The minimum length of your job description must be 300 words (approximately three-fourths of a page). You can make up the job details but must include the following:
a. A job description
b. A description of the job duties
c. A description of the minimum qualificatios
2. Prepare 10 illegal questions that must not be asked. For each question, be sure to justify your reasoning.
3. Prepare 10 legal questions that may be asked during the interview. For each question, be sure to justify each question.
Answer:
Consider the following description
Explanation:
1. Job Description: Administrative Assistant
Reports to
Office Manager/Department Manager
Position Summary
This position is responsible for assisting the Office Manager in managing the activities of the executive office.
Responsibilities
Provides efficient and professional administrative support to Depart Manager/Finance Manager.
Plans and schedule meetings, responds to various inquiries both external and internal, manages communications via phone calls, e-mail etc.
Organizes and acurately maintainsfiling system of confidential information.
Coordinates activities with other executives to ensure timely completion.
Reviews, analyzes and reports on periodic expenditures.
Qualifications
Completion of high school; university/ college degree an asset;
Minimun 5 years experience as executive assistant to Deparment manager;
Excellent communication skills- Excel, Power Point , Word;
Strong organization, planning and time management skills;
2). 10 illegal questions that must not be asked
What’s your religion or do you celebrate religious holidays?
There is no reason for an employer to ask you about your religion or about any holidays you observe.
Are you pregnant?
What’s your race/nationality?
It is illegal for an employer to ask you questions about race or skin color, where you were born, or remark upon your accent.
How old are you?
The Age Discrimination in Employment Act (ADEA) protects people over the age of 40, who work in companies with more than 20 employees, from employment discrimination.
Do you have any disabilities or health problems?
Under Title I of the Americans with Disabilities Act (ADA), an employer may not discriminate against a qualified candidate who is disabled, and must make "reasonable accommodations" for physically or mentally impaired employees.
Do you use drugs, alcohol or smoke?
"Have you ever been arrested?"
You are innocent until proven guilty; therefore, it is illegal for an interviewer to ask if you've ever been arrested.
"What type of military discharge did you receive?"
An employer may not ask whether you received an honorable or dishonorable discharge.
"Have you ever filed for bankruptcy?"
Questions about your financial status, whether you own a home, or have previously had wages garnished are off-limits.
"Do you belong to any organizations?"
It's inappropriate for an interviewer to ask whether you are affiliated with or are a member of any political, social, or religious groups- including unions.
"What is your maiden name?"
An interviewer can't discriminate on the basis of gender or marital status. Recruiters may not ask different questions of female and male applicants or of married and unmarried women. It's also inappropriate for an employer to ask if you're planning to have a family or have young children.
Most of these questions are illegal because they violate the protected class status as defined by the Civil Rights Act of 1964. That Act specifically states that no one will be denied employment based upon their sex, race, color, religion, national origin and it was recently expanded to cover sexual orientation/preference. There’s also the Age Discrimination Act of 1975, Americans with Disabilities Act and the Pregnancy Discrimination Act of 1978.
3). 10 legal questions that may be asked uring an interview:
Let us take the case of above mentioned illegal questions which can be asked in legal manner.
Religion or Creed Questions
Can you work on Saturdays/Fridays
National origin question
Verifying legal U.S. residence or work visa status.
What languages do you speak, read or write fluently?
Citizenship question
Do you have the legal right to remain permanently in the US?
What is your visa status (if no to the previous question).
Are you able to provide proof of employment eligibility upon hire?
Marital status question
After hiring, marital status on tax and insurance forms.
Parental status question
Is there any reason you can't start at 7:30 am?
Can you work overtime?
Whether an applicant can meet specified work schedules or has activities or commitments that may prevent him or her from meeting attendance requirements.
After hiring, asking for dependent information on tax and insurance forms
Criminal record question
Have you ever been convicted of a crime?
Disability question
Can you perform the specific tasks/duties of the job?
After hiring, ask about medical history on insurance forms
Age question
Are you over the minimum age for the hours or working conditions?
After hiring, verifying info with birth certificate or other ID. Insurance forms can inquire about age
Residence questions
Inquiries about the address to facilitate contact with the applicant.
Will you be able to start work at 8:00 am?
Maiden name questions
You can ask for your full name or whether you've worked under another name - in order to check your employment history.
A detailed job advertisement for an administrative assistant includes a job description, duties, and minimum qualifications following federal law. At least 10 illegal and 10 legal interview questions are also provided, including justifications regarding their legality and relevance to the role.
Job Advertisement for Administrative Assistant
Job Description: We are seeking a highly organized and proactive Administrative Assistant to join our dynamic team. The successful candidate will provide comprehensive administrative support, ensuring the smooth operation of our department. This full-time role requires excellent communication skills, a high school diploma, and experience in a secretarial role.
Job Duties: Responsibilities include managing schedules, coordinating meetings, and maintaining records. The Administrative Assistant will also be responsible for handling correspondence, preparing reports, and supporting team projects. A focus on effective time management and prioritization is essential to meet the dynamic needs of the department.
Minimum Qualifications: The ideal candidate will be a high school graduate with significant secretarial experience, demonstrating increasing responsibility. Proficiency in office software, attention to detail, and the ability to multitask are required to excel in this position. Commitment to professional development and continuous learning is also expected.
Illegal Interview Questions
"What is your marital status?" - This question is not relevant to job performance and violates privacy.
"Do you have any children or plan to?" - Questions about family planning are illegal as they can lead to discrimination.
"What is your religious affiliation?" - It's illegal to ask about religion as it's not pertinent to job abilities.
"How old are you?" - Discrimination based on age is prohibited.
"Where were you born?" - This can be discriminatory against nationality and is irrelevant to the job duties.
"Do you have any disabilities?" - This is illegal unless the question pertains to reasonable accommodations for the job.
"What is your sexual orientation?" - This is not related to job performance and is a violation of privacy.
"Have you ever been arrested?" - Inquiries should focus on convictions, not arrests.
"What is your political affiliation?" - Political beliefs are not relevant to job performance.
"Do you drink socially?" - Personal habits are not relevant unless they affect job performance.
Legal Interview Questions
"Can you describe your previous administrative experience?" - Relevant to assess qualification.
"How do you manage priorities when handling multiple tasks?" - Pertains to job-related skills.
"Are you able to perform the essential functions of the job with or without reasonable accommodation?" - Ensures candidates can fulfill job duties.
"What interests you about working in this role/company?" - Assesses candidate's motivation and fit.
"Can you provide examples of how you've handled a difficult situation in the workplace?" - Evaluates problem-solving abilities.
"How do you maintain accuracy and attention to detail in your work?" - Core competency for the role.
"What computer software are you proficient in?" - Necessary technical skills check.
"Can you work overtime if required?" - Important for assessing availability and flexibility.
"Describe a time when you improved a process." - Shows initiative and efficiency.
"How do you handle confidential information?" - Security and confidentiality are crucial for this role.
The contact lens company, Here's Clear Eye, sold thousands of pairs of contact lenses in Kenya. The lenses were defective and resulted in severe eye infections, and in 156 cases, blindness. The purchasers of the lenses who bring suit in Kenya will be entitled to recover their purchase price, attorney fees and medical bills. Kenya does not permit recovery for pain and suffering nor for permanent injury. Several of the purchasers who are blind have brought suit in South Carolina, the home of Here's Clear Eye. South Carolina permits recovery for permanent injury as well as punitive damages. The average recovery in Kenya for the purchasers is $600. A lawyer for the purchasers from Columbia, South Carolina estimates the average verdict will be $600,000. Which of the following statements is true?
(A) The Kenya purchasers may use the South Carolina courts because their remedies in Kenya are inadequate.
(B) The South Carolina cases will be dismissed on the grounds of forum non conveniens.
(C) The Kenya purchasers can recover only punitive damages in South Carolina.
(D) The Kenya purchasers can recover only for permanent injuries in South Carolina.
Answer:
(B) The South Carolina cases will be dismissed on the grounds of forum non conveniens.
Explanation:
Forum non conveniens is a discretionary power that allows courts to dismiss a case where another court, or forum, is much better suited to hear the case. This dismissal does not prevent a plaintiff from re-filing his or her case in the more appropriate forum.
Under the terms of a divorce agreement entered into in 2018, Kim was to pay her husband Tom $7,000 per month in alimony, Kim's payments will be reduced to $3,000 per month when their 9 year-old son becomes 21. The husband has custody of their son.
For a 12 month period, Kim can deduct from gross income (and Tom must include in gross income):
a. $36,000.
b. $0.
c. $60,000.
d. $48,000.
e. None of these choices are correct.
Answer:
a. $36,000
Explanation:
Since the total payment is $7,000 which is reduced to $3,000 because of child
The $4,000 reflects the payment of the child. This $4,000 is come from
= $7,000 - $3,000
= $4,000
So, only $3,000 for 12 months would be allowed as a deduction from gross income
So, the total amount for deduction would be
= $3,000 × 12 months
= $36,000
What is market segmentation? List the steps in the market segmentation process.
Answer:
Market segmentation refers to a term in which there is a division of large markets into the smaller ones and this segregation is based on the customers which are having similar characteristics, wants or needs.
Following are the steps included in the market segmentation process:-
a) Market potential will be forecasted
b) Market share will be estimated
c) Market segments would be chosen
d) Formation of users profile
Answer:
hes right ^^
Explanation:
Meals n’ More, Inc., a catering company, requires its customers to pay by check. Lyra, a Meals n’ More driver, tells customers that they can pay her with cash. When Meals n’ More learns of Lyra’s collections, it takes no action to stop it. Lyra steals some of the cash. Meals n’ More may suffer the loss under the doctrine of ___.
Answer:
Apparent authority
Explanation:
Meals n’ More, Inc., a catering company, requires its customers to pay by check. Lyra, a Meals n’ More driver, tells customers that they can pay her with cash. When Meals n’ More learns of Lyra’s collections, it takes no action to stop it. Lyra steals some of the cash. Meals n’ More may suffer the loss under the doctrine of Apparent authority.
Suppose the demand for cigarettes is perfectly inelastic, while the supply of cigarettes slopes upward from left to right. The equilibrium price of cigarettes is $5 and the equilibrium quantity is 100 packs
a) Draw the market for cigarettes given the information above. Label the equilibrium point, axes, and any ntercepts
b) What would happen if the price of cigarettes were $6 per pack and not at the equilibrium of $5 per pack? Would it stay at $6 per pack? Briefly explain.
c) Suppose that as a result of government anti-smoking campaigns, the demand for cigarettes decreases to 80 packs (but is still perfectly inelastic). What would happen to the equilibrium price (increase, decrease, not change)? What is the new quantity?
Answer:
See below and the picture attached.
Explanation:
For a)
Find the attached image. The initial equilibrium is at EQD1 and Price = 5, the quantity demanded at this level is 100 cigarettes.
For b)
When the price rises to $6, the supply curve for cigarettes shift outwards to supply 2 while the inelastic demand stays the same. This forms and equilibrium of Price 2 and EQD1, qty demanded is still at 100 packs. It would stay the same as there is no demand loss pressure from inelastic demand.
For c)
When the demand falls to 80 packs but remains inelastic, there is a horizontal demand curve shift to the left, from D1 to D2. This forms a new equilibrium with Price = p3 that is less than the equilibrium price of $5. The new quantity demanded and supplied will form a new equilibrium for D2 = 80 packs but price less than the initial P1.
Hope that helps.
Pollyanna Publishing, a textbook publishing firm, purchased a new machine for $80,000. This machine is expected to operate for 10 years, after which it will be sold for salvage value (estimated to be $8,000).
A. How much will the first and second year’s depreciation expense be under the double-declining-balance method?
B. How much will the first and second year’s depreciation expense be under the straight line method?
Answer:
A.
The first year’s Depreciation Expense: $14,400
The second year’s depreciation expense: $11,520
B.
The first year’s Depreciation Expense = The second year’s depreciation expense = $7,200
Explanation:
A. Under the straight-line method, useful life is 10 years, so the asset's annual depreciation will be 10% of the Depreciable cost.
Depreciable cost = Total asset cost - salvage value = $80,000-$8,000 = $72,000
Under the double-declining-balance method the 10% straight line rate is doubled to 20% - multiplied times the Depreciable cost's book value at the beginning of the year.
In the first year, depreciation expense = 20% x $72,000 = $14,400
At the beginning of the second year, the Depreciable cost's book value is $72,000 -$14,400 = $57,600
In the second year, depreciation expense = 20% x $57,600 = $11,520
B.
The company uses straight-line depreciation, Depreciation Expense each year is calculated by following formula:
Depreciation Expense = (Cost of machine − salvage value)/Useful Life = ($80,000-$8,000)/10 = $7,200
The first year’s Depreciation Expense = The second year’s depreciation expense = $7,200
Consider two jobs, Job 1 and Job 2, to be processed on a single machine. It takes 7 days to process job 1, whereas the processing time of job 2 is 4 days. If the production is switched from ob 1 to job 2, then the set-up takes 2 days. On the other hand, if the production is switched from ob 2 to job 1, the set-up time reduces to 1 day. The processing of the jobs cannot start before the beginning of Day 3 and both jobs are due at the beginning of Day 20. Let x1 and x2 be two integer variables representing the start date in days for job 1 and job2 4- Two jobs will not be processed concurrently: If job 1 precedes job 2, then the start date of job 2 must be greater than or equal to start date of ob 1 plus the processing of job 1 and the set-up time If job 2 precedes job 1, then the start date of job 1 must be greater than or equal to start date of job 2 plus the processing of job 2 and the set-up time Use indicator variable(s) representing the order of processing and mathematically formulate the constraint(s) that are verbally written above using indicator variable(s) and big M(s). Calculate the minimum value of M that would work. (Hint: What are the ranges for x1 and x2?)
Answer:
No job uses more than one machine simultaneously . No machine processes more than one job simultaneously. Only 3 hours will be needed to complete the jobs.Explanation:
However, Job 2 can be completed at time 3 which is late by 1 hour.
Suppose that the processing times are exponentially distributed.
Let
The processing rate of job j on machine 1 The processing rate of job j on machine 2Expected make span is minimized by processing the jobs in the descending (high to low) order of processing
Make span is the completion time of the last job processed. Although make span is defined as a completion time of a job, it actually measures how long the production facility should remain open.