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DochEvi [55]
3 years ago
10

When modeling the flow of income and expenditures in an economy the two principal participants are households (consumers) and fi

rms (producers). The normal flow of resources would be that a firm would produce goods and services and the households would consume that good or service. Where else can the income of a household flow
Business
1 answer:
horrorfan [7]3 years ago
4 0

Answer:

It must be found that the income of a home flows in a very habitual way day by day because the expenses that are generated in the daily living are many.

Regardless of the number of family members that make up a household, the flow of income will always correspond to a good or benefit to satisfy a basic or secondary need.

Explanation:

Other income that can flow from a household are those that are made through bank transactions, for scholarship payments, credit cards, or other types of transactions that allow households to make a profit.

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Toni just started a new job with a large company. she is unsure of what she should do at lunch time. she wonders, should she eat
nexus9112 [7]
<span>The correct answer is "the elicitation effect."

The Elicitation Effect refers to the process wherein a person gathers intellect or knowledge about a certain process t be able to cope up with it. Based on the given situation, Toni is using elicitation, because he is thinking of what to do during lunch break, yet he waited to see if what the other employees would do during lunch break then he would just follow what they will be doing.</span>
7 0
3 years ago
Read 2 more answers
Phillip​ Witt, president of Witt Input​ Devices, wishes to create a portfolio of local suppliers for his new line of keyboards.
kirill115 [55]

Answer:

Based on the EMV value, the best choice is to use Two suppliers

Explanation:

Is necessary to consider different amount of suppliers and evaluate the cost. We will choose the number of suppliers which offers a lower cost.

  • EMV1 = cost of shutdown*super event risk + cost of shutdown*unique event risk + cost of managing supplier = 480000*.02 + 480000*0.05+16000 = 9600 + 24000 + 16000 = $ 49600

  • EMV2 = cost of shutdown*super event risk + cost of shutdown*unique event risk of each supplier*unique event risk of each supplier + cost of managing 2 suppliers = 480000*.02 + 480000*0.05*.05+16000*2 = 9600 + 1200 + 16000*2 = $ 42800

  • EMV3 = cost of shutdown*super event risk + cost of managing 3 suppliers = 480000*.02 + 480000*0.05*.05+16000*2 = 9600 + 16000*3 = $ 57600

Based on the EMV value, the best choice is to use Two suppliers

6 0
3 years ago
The assets of Dallas &amp; Associates consist entirely of current assets and net plant and equipment, and the firm has no excess
OlgaM077 [116]

Answer:

Explanation:

1.Total Debt = Total Assets – Total Equity  = 2,700,000 – 1,550,000

= $1,150,000

2.Total assets = Total liabilities +Total equity = $2,700,000

3.Current Assets = Total Assets – Plant and Equipment  = 2,700,000-2,300,000  = 400,000

4.Current Liabilities = Total Liabilities – Long term debt = 1,150,000 – 748,000  = $402000

5.Accounts payables and accruals = current liabilities – notes payables

= 402000  – 150,000  = $252000

6.Working capital = Current Assets – Current Liabilities  = 400,000-402,000

= -2000

7.Net operating working capital = Current assets – Accounts payables and accruals  = 400,000 – 252,000  = 148,000

8.Difference = -2,000-148,000 = -150,000  (indicates note payable)

Recalculation with new information:

1.Total Debt = Total Assets – Total Equity  = 4,000,000 – 2,000,000 -500,000 =  

= $1,500,000

2.Total assets = Total liabilities +Total equity = $4,000,000

3.Current Assets = Total Assets – Plant and Equipment  = 4,000,000-3,000,000  = $1,000,000

4.Current Liabilities = Total Liabilities – Long term debt = 1,500,000 – 950,000  = $550000

5.Accounts payables and accruals = current liabilities – notes payables

= 550,000  – 150,000  = $400,000

7 0
3 years ago
$ available at today is worth more than the same amount if received in the future
Kitty [74]

<u>Answer:</u>Money received today can grow at compound rate.

<u>Explanation:</u>

The time value of the money increases based on the interest rates. So dollar earned today has more value than dollar earned tomorrow. The time value of money concept is used in financial decision making. If $1 is received today it can be invested and the rate of interest on that investment is an added value to $1.

Money can earn interest so any amount of money received today is better than receiving the same amount in the future.

3 0
3 years ago
Julie Whiteweiler made $930 this week. Only social security (fully taxable) and federal income taxes attach to her pay. Whitewei
777dan777 [17]

Answer:

Step 1: Calculate FICA (OASDI & HI):

Total wage subjected to FICA is $930. Why? Contributions to 401K is only exempted from Fed. Income Tax Withholding (FIT) not FICA. As for HSA contrib., it is exempted for both FICA and FIT. However, the plan is non-qualified, which means that $25 contributed by employee is taxable for both. The $25 matching from employer for HSA is excluded from income and income taxes.

OASDI RATE 2012: 4.2% of $930; therefore, $39.06

HI RATE 2012: 1.45% of $930; therefore, $13.49

TOTAL FICA TAX: $52.55

STEP 2: Calculate FIT:

Total earnings subjected to FIT is ($930-100)= $830. Why? $100 contributions to 401k is exempted from FIT. HSA contrib. is unqualified.; therefore, contributions from employee is taxable. Using Wage Bracket Method 2012, the FIT is $89.

STEP 3: Getting the Take-Home Pay answer:

($930-100(401k))-25(HSA:Employee)-$52.55(FICA)-89(FIT)=$663.45

Explanation:

5 0
3 years ago
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