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Jlenok [28]
3 years ago
8

The economy continues to descend into chaos. The stock market still moves down after it makes progress forward, and unemployment

still hovers around 10%. It is going to be a while before things get better in the United States.Which of the following is the conclusion of this argument?
a. It is going to be a while before things get better in the United States.
b. The economy continues to descend into chaos.
c. The stock market still moves down after it makes progress forward.
d. Unemployment still hovers around 10%.
Business
2 answers:
BaLLatris [955]3 years ago
3 0

Answer:

A) . It is going to be a while before things get better in the United States.

Explanation:

Mashutka [201]3 years ago
3 0

Answer:

a. It is going to be a while before things get better in the United States.

Explanation:

The statement above shows that economy of the United States has continued its descent into chaos, with result of stock market decline and unemployment is around 10%.

When there is an economic decline, various measures will need to be taken. Like introduction of price controls by the government. These measures aim to improve reverse the decline being experienced in the economy.

Such measures take time to return the economy to its normal state. So we can conclude that it is going to be a while before things get better in the United States.

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Velocity, a consulting firm, enters into a contract to help Burger Boy, a fast-food restaurant, design a marketing strategy to c
madam [21]

Answer:

a. Accounts Receivable (Dr.) $93,000

Bonus Receivable (Dr.) $2,325

Service Revenue (Cr.) $95,325

b. Service Revenue (Dr.) $9,300

Bonus receivable (Cr.) $9,300

c. Accounts Receivable (Dr.) $93,775

Bonus Receivable (Dr.) $775

Service Revenue (Cr.) $93,000

d. Cash (Dr.) $29,000

Bonus Receivable (Cr.) $29,000

Explanation:

The contract between Burger Boy and Velocity is for eight months.

Expected value of the contract on 1st month is :

80% * [ $93,000 * 8 months + $31,000 ] + 20% [ $93,000 * 8 months - $31,000] = $762,600

The expected value per month is $762,600 / 8 months = $95,325 per month

Expected value of the contract 5th month with revised probability is :

60% * [ $93,000 * 8 months + $31,000 ] + 40% [ $93,000 * 8 months - $31,000] = $750,200

The expected value per month is $750,200 / 8 months = $93,775 per month.

5 0
3 years ago
Bradley is sitting on his porch enjoying his very large front yard and drinking a lemonade when chris, a kid from down the stree
Anestetic [448]
<span>Chris may be able to recover money from the courts on the basis of quasi contract. A quasi contract is an obligation of one party to another imposed by law independently of an agreement between the parties.</span>
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3 years ago
He [the producer] intends only his gain, and he is in this, as in many other cases, led by an invisible hand to promote an end w
Mariulka [41]

Answer:

c) the incentive structure accompanying market prices.

Explanation:

The invisible hand explains the unintentional social advantages of ego-interested actions of people, a term first proposed by Adam Smith in The Theory of Moral Sentiments, published in 1759, referencing it with respect to the distribution of revenues.Administrators offer multiple incentives, that are bonuses or encouraging variables that push the person to function effectively and in the long term interest of the principal. The incentive structures contain price / referral fees, annual bonuses and compensation for performance

4 0
3 years ago
Corruption, Inc., uses process costing, they have overstated the percentage of work completed with respect to conversion cost on
forsale [732]

Answer:

(1) understated

(2) understaded

(3) unchanged

Explanation:

The amount of equivalent units will be higher as the ending inventory of work in process will be above of what it should be.

As we have more equivalent untis the cost per equivalent unit will be lower:

\frac{cost}{equivalent \:units}

So both, conversion cost and total cost per equivalent untis will e lower than it should be as are getting divided over a larger amount.

the physical amount of units worked during the month and those which are complete will not be affected as the percentage of completion is an accounting tool to calculate the cost not to count the amount of units in possession

5 0
3 years ago
Tom Cruise Lines Inc. issued bonds five years ago at $1,000 per bond. These bonds had a 25-year life when issued and the annual
Dmitrij [34]

<u>Solution and Explanation:</u>

Required Return after 5 year =  Real rate of return +   Inflation premium + Risk premium

Required Return after 5 year = 5+2+4

Required Return after 5 year =11%

No of year left to maturity = 25

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New price of the bond = pv (rate, nper, pmt, fv)

New price of the bond = pv (11%,25,150,1000)

New price of the bond = $ 1336.87

4 0
3 years ago
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