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Clare Bender
Business
The amount of interest (i) karl will earn on the amount of principal (p) he has in his bank account is found by using the formula i = prt, with r representing the rate of interest and t the time the money will be in the account. sheena has twice the amount of principal as karl in a bank account at the same rate for the same amount of time. how does the interest earned on sheena's principal compare to the interest that will be earned on karl's principal?
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Jerimiah Hunt
Business
You bring your lunch to your part-time job instead of spending $8 on lunch. You put the $8 in your savings account. This is an example of opportunity cost.
True.
False
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Izabelle Fuentes
Business
The Kellys are planning for a retirement home. They estimate they will need $200,000 4 years from now to purchase this home. Assuming an interest rate of 10%, what amount must be deposited at the end of each of the 4 years to fund the home price?
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Akira Foster
Business
Gipple Corporation makes a product that uses a material with the quantity standard of 7.8 grams per unit of output and the price standard of $6.50 per gram. In January the company produced 3,900 units using 25,370 grams of the direct material. During the month the company purchased 27,900 grams of the direct material at $6.70 per gram. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for January is: Multiple Choice a. $6,084 F b. $5,580 U c. $6,084 U d. $5,580 F
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Andy Bonilla
Business
For financial reporting, Clinton Poultry Farms has used the declining-balance method of depreciation for conveyor equipment acquired at the beginning of 2018 for $3,250,000. Its useful life was estimated to be five years, with a $255,000 residual value. At the beginning of 2021, Clinton decides to change to the straight-line method. The effect of this change on depreciation for each year is as follows:Year Straight-Line Declining Balance Difference 2010 $ 400 $ 853 $ 453 2011 400 569 169 2012 400 379 (21) $ 1,200 $ 1,801 $ 601 Required:Prepare any 2013 journal entry related to the change.
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Emery Ware
Business
What is the name of the company, and what is its mission?
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Neil Dunlap
Business
A stadium charges $15 to park in the stadium parking lot, and $10 to park in the satellite lot. If the stadium wants to make $300,000 in parking revenue and the stadium parking lot is full already with 12,000 cars, how many fans would have to park in satellite lots to make the revenue goal?
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Clare Bender
Business
What processes are needed in order to shape alternative design strategies for a system?
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Hana Roman
Business
Over the past 40 years, technological advances have reduced the cost of computer chips. how do you think this has affected the market for computers? for computer software? for typewriters?
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Pedro
Business
Which education savings plan can be used for the K through 12 expenses as well as post secondary expanses
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Misael Huff
Business
What is a progressive income tax?
a. Tax rate remains the same regardless of income.
c. the average tax rate goes up when income goes up.
b. The average tax rate goes down when income goes up.
d. A tax that is measured at the margin.
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Webster
Business
In the market for used cars, the demand and supply equations are given by qd = 12,000 - 0.4p and qs = 0.1p + 5,000, where p is the price per car and q measures the quantity of cars. what happens at a price floor of $20,000?
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Macy
Business
2. Winners and losers from free trade Consider the market for meekers in the imaginary economy of Meekertown. In the absence of international trade, the domestic price of meekers is $40. Suppose that the world price of meekers is $39. Assume that Meekertown is too small to influence the world price of meekers once it enters the international market. If Meekertown allows free trade, then it will meekers. Given current economic conditions in Meekertown, complete the following table by indicating whether each of the statements is true or false. Statement True False Meekertownian consumers were worse off without free trade than they are with it. Meekertownian producers were better off without free trade than they are with it. True or False: When a country is too small to affect the world price, allowing free trade will never increase total surplus in that country, regardless of whether it imports or exports as a result of international trade. True False
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Jax
Business
An economic system:
A. requires a grouping of private markets linked to one another.
B. is a particular set of institutional arrangements and a coordinating mechanism used to respond to the economizing problem.
C. requires some sort of centralized authority (such as government) to coordinate economic activity.
D. is a plan or scheme that allows a firm to make money at some other firm's expense.
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Annabelle Mullen
Business
Grading at a site refers to
A) evaluating the existing subsurface conditions of a site.
B) evaluating the groundwater conditions at a site.
C) compacting the soil to required density.
D) None of these.
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