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1 year ago

All interest groups can be neatly categorized as economic interest groups or public interest groups.

1 answer:

7 0

False to say all interest groups can be neatly categorized as economic interest groups or public interest groups, because Interest group consist of other groups too .

What is meant Interest group ?

Interest groups, also known as special interest groups, advocacy groups, or pressure groups, are associations of people or organizations that are typically formally constituted and that aim to sway public policy in their favor based on one or more shared concerns. All interest groups share the desire to influence governmental policy in order to advance their causes or themselves. Their objective may be a policy that only benefits a specific set of people or a particular sector of society (such as government subsidies for farmers) or a policy that furthers a larger societal goal (e.g., improving air quality). By exerting pressure on decision-makers to change policy outcomes in their favor, they try to lobby in order to achieve their goals.

To learn more about Interest group checkout the link below : brainly.com/question/25656843

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Which of the following is not a way to accomplish an activity cost reduction? a.improve operations so that the activity-base usa

maw [93]

Answer:

b. use lower-cost materials

Explanation:

In Accounting, costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

Production costs can be categorized as;

1. Variable costs: these are costs that usually change with respect to changes in the level of production or output. Examples are direct labor, maintenance of equipment or machines, raw materials costs etc.

2. Fixed costs: these are the costs which are not directly related to the level of production or not affected by the quantity of output in an organization. Examples are rent, depreciation, administrative cost, research and development costs, marketing costs etc.

Some of the ways to accomplish activity cost reduction are;

I. The operations of a business firm should be improved in order to make the activity-base usage per unit to be reduced.

II. The classification of employees doing an activity should be changed so as to decrease the activity rate.

5 0

3 years ago

The Importance of Starting Early.

Inessa05 [86]

Answer:

1. Lulu started saving $200/month in a 401(k) earning 6% interest compounded monthly when she was 45 years old. How much will be in her account when she retires at age 65?

Lulu made 12 x 20 = 240 payments

to calculate how much she earned we can use the future value of ordinary annuity formula:

FV annuity = payment x {[(1 + r)ⁿ - 1] / i} = $200 x {[(1 + 0.5%)²⁴⁰ - 1] / 0.5%} = $200 x 462.04 = $92,408.18

2. How much money did Lulu deposit into her account over the course of the 20 years?

240 x $200 = $48,000

3. What dollar amount of interest did her account earn?

$92,408.18 - $48,000 = $44,408.18

4. Murphy started putting $100/month into his 401(k) earning 6% APR when he was 25 years old. How much will be in his account when he retires at age 65, if interest is compounded monthly?

480 payments, again we use the same formula as in (1):

FV annuity = $100 x {[(1 + 0.5%)⁴⁸⁰ - 1] / 0.5%} = $100 x 1,991.49 = $199,149.07

5. How much money did Murphy deposit into his account over the course of the 40 years?

480 x $100 = $48,000

6. What dollar amount of interest did his account earn?

$199,149.07 - $48,000 = $151,149.07

7. Murphy's account earned how much more interest than Lulu's account?

$151,149.07 - $44,408.18 = $106,740.89

7 0

4 years ago

Tunebeak, a fast food service chain, wants to introduce a new product. However, it lacks the financial support required to promo

Flura [38]

Answer:

B. Factoring

Explanation:

Factoring is a financial transaction in which a business sells its accounts receivables to a third party (mostly financing firms) at a discount. Accounts receivable is a record of money customers owe to the company for sales made on credit.

The company sells its future cash-flow owed by it's customers, in return for cash upfront but the cash received is less than the amount it would've received in accounts receivable later because the financing company charges that amount of providing cash (liquidity) to the company.

Factoring is not considered a loan, as the parties neither issue nor acquire debt as part of the transaction.

So the short-term financing option utilized by Tunebeak is Factoring.

7 0

3 years ago

Read 2 more answers

A(n) ________ is a description of how the researchers will measure the variables of interest.

fredd [130]

An OPERATIONAL DEFINITION is a description of how the researchers will measure the variable of interest. The operational definition of a variable refers to the specific technique which will be used to measure that variable in the research study. Establishing an operational definition will help the researcher to eliminate any gray area that might arise later.

5 0

3 years ago

On June 30, 2012, Oriole Company issued 12% bonds with a par value of $770,000 due in 20 years. They were issued at 98 and were

Pavlova-9 [17]

Answer:

A. OLD BOND REDEMPTION :

June 30, 2021

Dr 12% Bonds payable 770,000

Dr Loss on retirement of bonds 31,570

Cr Cash 793,100

Cr Discount on bonds 8,470

NEW BOND ISSUE:

June 30, 2021

Dr Cash 1,020,000

Cr 10% Bonds payable 1,000,000

Cr Premium on bonds 20,000

B. Dec 31, 2021

Dr Interest expense 49,500

Dr Premium on bonds payable 500

Cr Cash 50,000

Explanation:

a. Preparation of the journal entries to record the redemption of the old issue and the sale of the new issue on June 30, 2021.

OLD BOND REDEMPTION :

June 30, 2021

Dr 12% Bonds payable 770,000

Dr Loss on retirement of bonds 31,570

Cr Cash 793,100

(103*770,000)

Cr Discount on bonds 8,470

(To record redemption of old bonds)

NEW BOND ISSUE:

June 30, 2021

Dr Cash 1,020,000

(1,000,000 * 102/100)

Cr 10% Bonds payable 1,000,000

(1,000,000 * 100/100)

Cr Premium on bonds 20,000

(1,000,000 * 2/100)

(To record issue of new bonds at premium)

CALCULATION for unamortized discount :

Discount at the time of issue 15,400

(2%*770,000)

Less: Discount amortised till june 30, 2021 (15,400 / 40 * 18) (6,930)

Unamortized discount 8,470

We made use of 18 because the interest was been given twice in a year which is December 31 and June 30

CALCULATION for loss on redemption :

Redemption of bonds 793,100

(103*770,000)

Less: Carrying value (761,530)

(770,000 - 8,470)

Loss on redemption 31,570

b. Preparation of the entry required on December 31, 2021, to record the payment of the first 6 months' interest and the amortization of premium on the bonds.

Dec 31, 2021

Dr Interest expense 49,500

(50,000-500)

Dr Premium on bonds payable 500

(20,000 / 40)

Cr Cash 50,000

(1,000,000 * 10% * 6/12)

(To record the interest expense for 6 months)

8 0

3 years ago