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3 years ago

How can understanding the economy help you to make better financial decisions?

Business

1 answer:

Elan Coil [88]3 years ago

3 0

Answer:

Explanation:

No matter what the future holds, an economics major helps people succeed. Understanding how decisions are made, how markets work, how rules affect outcomes, and how economic forces drive social systems will equip people to make better decisions and solve more problems. This translates to success in work and in life.

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Patrick Rach International issued 5% bonds convertible into shares of the company's common stock. Rach applies U.S. GAAP. Upon i

Ludmilka [50]

Answer:

The correct answer is letter "B": The proceeds of the bond issue entirely as debt.

Explanation:

Under the U.S. General Accepted Accounting Principles (GAAP) the issuance costs of bonds are ignored for reporting purposes but the amount of sales revenues is recorded as debt. The amortization of the bond can be calculated using the effective interest method or the straight-line method.

6 0

3 years ago

Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch n

Mandarinka [93]

Answer: bureaucracy

Explanation:

Bureaucracy could be described as having a company or an industry being controlled by some set of individuals yet have little or no result to show. These control in most cases diminishes the flow of effective operation in the firm.

The I. T organization is having a bureaucracy issue, where decisions are only made at the top with no contribution from those carrying out the job. The input of those carrying out the job at the bottom could be very effective to change things in the organization.

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2 years ago

Bill Mason is considering two job offers. Job 1 pays a salary of $40,100 with $6,778 of nontaxable employee benefits. Job 2 pays

olga2289 [7]

Answer:

Explanation:

7 0

3 years ago

The steam requirements of a manufacturing facility are being met by a boiler whose rated heat input is 5.5 × 106 Btu/h. The comb

e-lub [12.9K]

Solution:

Given Information,

Heat input is ( $Q_{in}$ ) = 5.5 × $10^{6}$ Btu/h

Combustion efficiency of the boiler ( $n_{furnance}$ ) = 0.7

Combustion efficiency after turn up ( $n_{furnance,now}$ ) = 0.8

Operation Hour (t) = 5200h

Unit cost (c) = $\frac{23 dollar}{10^{6}Btu }$

Calculate heat output from the boiler $Q_{out}$ = $Q_{in}$ x $n_{furnance}$

= 5.5 x $10^{6}$ x 0.7

= 3.85 x $10^{6}$ Btu/h

Calculate the heat input to the boiler after the tune-up

$(Q_{in} ){new}$ = $Q_{out}$ / $(n_{furnance} ){new}$

= 3.85 x $10^{6}$ / 0.8

= 4.8125 x $10^{6}$ Btu/h

Calculate the saved energy after the tune-up

$(Q_{in} ){saved}$ = $Q_{in}$ - $(Q_{in} ){new}$

= 5.5 x $10^{6}$ - 4.8125 x $10^{6}$ Btu/h

= 0.6875 x $10^{6}$ Btu/h

Calculate the annual energy saving ( $E_{Saving}$ )

$E_{Saving}$ = $(Q_{in} ){saved}$ x t

= ( 0.6875 x $10^{6}$ Btu/h ) ( 5200 hr/yr)

= 3575 x $10^{6}$ Btu/h

Calculate the annual cost saving

Annual cost saving = $E_{Annual saving}$ x Unit cost

= 3575 x $10^{6}$ Btu/h x $\frac{23 dollar}{10^{6}Btu }$

= 82225

4 0

3 years ago

By diversifying, investors help minimize ________

Yuliya22 [10]

By diversifying, investors help minimize : Risk

In investment term, diversifying means placing your investments into SEVERAL TYPE of investments (Such as placing some on bonds, placing some on IT market, placing some investment on food products, etc). By doing this, you won't lost all of your investment in case one type of market crashed down.

8 0

2 years ago