The International Convention on the Simplification and Harmonization of Customs Procedures requires its member countries to establish border procedures for searching international shipments of goods.
What is International Convention of Customs Procedures?It is a convention that was created in 1973 an in other to help simplify custom proceduers.
They help with signatories and this has help to facilitate international trade.
Therefore, the International Convention on the Simplification and Harmonization of Customs Procedures requires its member countries to establish border procedures for searching international shipments of goods.
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In order to hold a hearing, the Superintendent must give how many days notice to the producer being investigated?
The limits on creating native applications are usually ________, not technological. Question 48 options: A) in finding skilled programmers B) based on complexity C) based on requirements D) based on an executive board decision E) budgetary
The creation of native applications are usually limited by finding of skilled programmer rather than not technological matters.
What is native applications?A native application refers to a software program that is created for the use of users on a particular platform.
The main problem faced by the platform is getting a skilled programmerto design the platform interface rather than technological limit.
Therefore, the Option A is correct.
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uan and Carl have a small medical practice that operates as a partnership. Juan does 70% of the work and Carl does 30%. However, Carl invested 60% of the money required to start the business. If the company makes $100,000 in profit this year, how much will each partner receive
Some companies choose not to employ salespeople, instead contracting with salespeople who sell the company's products. What are these salespeople called
If a keynesian expenditure-output model shows that aggregate demand for both goods and labor has shifted to the left to d1, while wages remained at w0 and prices remained at p0, what will be the result?.
Answer:
If a Keynesian expenditure-output model shows that aggregate demand for both goods and labor has shifted to the left to D1, while wages remained at w0 and prices remained at P0, what will be the result? B) strong economic growth.
When a Keynesian expenditure-output model shows that aggregate demand for both goods and labor has shifted to the left (to d1), while wages remain at w0 and prices remain at p0, the likely result is a situation of disequilibrium in the economy.
The Keynesian expenditure-output modelThis could lead to a decrease in output and potentially lower levels of employment, resulting in cyclical unemployment. Businesses may face cost pressures and potentially lower prices to adjust to reduced demand, and there could be an accumulation of unsold inventory.
To address this situation, Keynesian economics suggests implementing expansionary fiscal and monetary policies, such as increased government spending, reduced taxes, or lower interest rates, to stimulate demand and boost the economy. However, the actual impact of these changes will depend on various other factors and complexities in the real-world economy.
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Consider a coupon bond with $1000 face value, 10% coupon rate, 5 years of maturity selling for $700. The yield to maturity is
Answer:
The approximate yield to maturity is 9.43%.
Explanation:
In an economy where net exports are zero, if saving rises in some period, then in that period:.
Woods, Inc. earned revenues of $16,000 and incurred expenses of $5,500. The company declared and paid cash dividends of $2,000. What is the balance in the Income Summary account after closing net income or loss to the Retained Earnings account?
A. credit balance of $8,000.
B. balance of $0.
C. credit balance of $11,000.
D. debit balance of $19,000.
Based on Woods, Inc. revenue and expenses, the balance in the Income Summary Account would be B. balance of $0.
What would be the balance in the Income Summary Account?There would be a credit of $16,000 from revenue. This would then be reduced by the debit of expenses to:
= 16,000 - 5,500
= $10,500
This $10,500 would then be credited to the Retained earnings account which would leave nothing in the Income summary account.
In conclusion, option B is correct.
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What is a balance transfer fee?
A. A fee you pay when your monthly payment is late
B. A fee for charging more than your credit limit
C. A fee you pay when you use your credit card to get cash from an
ATM
O D. A fee charged when you transfer the balance from one card to
another
Answer:
A balance transfer fee is a charge imposed by a lender to transfer existing debt over from another institution.
Explanation:
True or False? Taxable income will be less than gross income
Answer:
True
Explanation:
Deductions reduce it
Spice sells paprika for $9.00 per bottle. Variable cost is $2.43 per bottle and Spice's annual fixed costs are $825,000. The variable expense ratio for paprika is
The variable expense ratio for paprika is 27%.
What is variable cost?Variable cost is the cost that vary with the level of output. It changes in proportion to how much a company produces or sells.
Using the formula below :
Variable expense ratio = Variable cost / Selling price
Where:
Variable cost = $2.43
Selling price= $9
Then,
Variable expense ratio = 2.43 / 9 × 100
Variable expense ratio = 27%
Hence, the variable expense ratio for paprika is 27%.
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Managers will utilize _____________ skills with increasing frequency as they rise within an organization.
Answer:
Conceptual and decision
Explanation:
27. Seven-Seas Co. Just paid a dividend of $3 per share out of earnings of $5 per share. If its book value per share is $40. 00 and its market price is $52. 50 per share, calculate the required rate of return on the stock
Based on the dividend, the the current price and the growth rate, the required rate of return is 11%.
What is the required rate of return?This can be found by the formula:
= Next dividend / Current market price + Growth rate
Growth rate = EPS / Book value of share x (1 - Payout ratio)
= 5 / 40 x (1 - 0.60)
= 5%
Next dividend = Current dividend x ( 1 + growth rate)
= 3 x 1.05
=$3.15
Required return is:
= 3.15 / 52.50 + 0.05
= 11%
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The marketing mix element where most of a firm's communications with the marketplace occur is called
Promotion is an element of the marketing mix where most of a company's communications with the market and potential consumers take place.
What is the Marketing Mix?It is a set of factors that combined will help a company to implement strategies that will increase its competitiveness and positioning in the market. The four factors, or the 4Ps are:
ProductPricePlacePromotionTherefore, promotion is the element through which the company will attract customers through communication in order to make sales and increase brand recognition.
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ABC Company had beginning inventory of $20,000, purchases of $81,000, and ending inventory of $24,000. Sales revenue was $160,000. What is ABC's gross profit percentage
Based on the information given ABC's gross profit percentage is 52%.
Gross profit percentageUsing this formula
Gross profit percentage=Sales revenue-(Beginning inventory+Purchases-Ending inventory)/Sales revenue
Let plug in the formula
Gross profit percentage=160,000-(20,000+81,000-24,000)/160,000
Gross profit percentage=160,000-77,000/160,000
Gross profit percentage=83,000/160,000
Gross profit percentage=0.518×100
Gross profit percentage=52% (Approximately)
Inconclusion ABC's gross profit percentage is 52%.
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Remy is applying for a job where the employer asks that a cover letter and résumé be submitted. Remy should: a. Attach letters of recommendation also b. Send the cover letter first, and the résumé later c. Submit only the cover letter and résumé d. Send the cover letter as an attachment.
Remy is applying for a job where the employer asks that a cover letter and résumé be submitted, then Remy has to send the cover letter as an attachment.
How the cover letter is submitted with the resume?A resume is a document that is applied in the field of introduction. It shows all the detailed information about the particular person that wants to apply for a job.
If a person includes a cover letter with a resume, then it shows off their communication and writing talents.
In the above case, when Remy is applying for a job and the employer asks that a cover letter and résumé be submitted, then he attached the cover letter with the resume.
A cover letter is a paper document that is sent concurrently with the CV (curriculum vitae), and the intention of this letter is to create a matter of why a person should be employed.
It distinguishes a particular person from other candidates, by allowing him to express how curious you are in the position.
Therefore, option D is correct.
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The planning function involves defining an organization's goals and establishing an overall strategy for achieving those goals. True False
Answer:
True
Explanation:
___ comes from the insight that bundles of resources, capabilities, and competencies differ across firms. Multiple choice question. Resource heterogeneity Resource homogeneity Unique differentiation Competitive parity
Answer:
Resource heterogeneity
Explanation:
Resource heterogeneity is a fancy way of saying that different firms have different resources. Their resources are heterogeneous – i.e., different. In many ways, this is self-evident – when you consider organizations, it is easy to see that different firms have different resources that underpin them.
Which theory of foreign direct investment attempts to combine (1) the theories that focus on favoring direct investment when exporting and licensing are available and (2) theories that say certain locations are favored over others for FDI
The theory of foreign direct investment (FDI) which attempts to combine foreign direct investment for exports and licenses and favors certain locations is the theory of Internalization.
What is the theory of Internalization?The idea of internalization believes in the vertical and horizontal integration of firms.
The theory of internalization states that unless firms have firm-specific advantages and FDI provides benefits of exploiting firm-specific advantages, which outweigh the relative costs of the operations abroad, multinational firms would not invest their capital abroad.
Thus, the theory of foreign direct investment (FDI) which attempts to combine foreign direct investment for exports and licenses and favors certain locations is the theory of Internalization.
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The insured has an auto policy with liability limits of $30,000/$60,000/$10,000. He negligently runs off the road and causes $70,000 damage to an apartment building. How much will the policy pay
Based on the information given the amount that the policy will pay is $10,000.
What is insurance?Insurance is a coverage that help to cover expenses or liability incase of unforeseen circumstance so as to save cost.
Based on the information given the amount that the policy will pay for the damages of the amount of $70,000 will be $10,000 which represent the auto policy liability limits.
Inconclusion the amount that the policy will pay is $10,000.
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Given planning budget revenue of $284,000, actual revenue of $275,000, and flexible budget revenue of $290,000, there is a(n) activity variance.
Based on the given planning budget revenue and the actual revenue, there is a Favorable activity variance.
Why is the activity variance favorable?When the Flexible budget revenue is higher than the planning budget revenue, it means that there is a favorable activity variance.
In this scenario, the flexible budget is $290,000 which is more than the planning budget revenue of $284,000 so the activity variance must be favorable .
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Pokeman Bunch Inc. , manufactures Poke Monster figures, and has the following data from its operation for the year just completed. Actual A Flexible Budget B Master Budget Units 1,500 1,200 Sales (dollars) $ 93,000 C $ 18,000 F Variable cost E $ 60,000 Contribution Margin $ 1,500 u D Fixed cost F $ 5,000 Operating income $ 7,500 The column heading identified as A is:
If the operating income is $7,500. The column heading identified as A is: $1,500 U.
What is Operating income variance?Operating income variance can be defined as the actual operating income minus budgeted operating income.
Operating income variance=Actual operating income-Budgeted operating income
When we look at Column A we can see that column A had $1500U (unfavorable) which is the unfavorable variance of contribution margin.
Inconclusion the column heading identified as A is: $1,500 U.
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A perfectly price-discriminating monopolist is able to.
Answer:
charge each consumer the maximum amount they are willing to pay
What would be the net present value of a microwave oven that costs $159 and will save you $68 a year in time and food away from home
Answer:
159 - 68 = 91
Explanation:
A gas tax imposed by some states in which those who use the roads more pay more to maintain them is based on the _____ principle.
The principle that's illustrated by the gas tax is known as the benefit received principle.
What's a tax?It should be noted that a tax is a compulsory payment that generate revenue to the government.
In this case, a gas tax imposed by some states in which those who use the roads more pay more to maintain them is based on the benefits received principle.
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What are companies doing to respond effectively to the increasing segmentation of the marketplace?.
Companies are using more targeted marketing messages as an effective response to increasing market segmentation.
What is market segmentation?It corresponds to the strategy of dividing potential consumers into subgroups based on similar characteristics.
Therefore, through the use of targeted marketing messages, an organization is able to increase consumer perception, generate value and engagement that contribute to the creation of desire for a brand's products and services.
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Suppose that for every pair of Nike shoes sold, Nike donates a percentage of the sales price toward funding high school athletics. Which type of marketing does this exemplify
Answer:
nike uses the money and donates about 22% of their money to school athletics
Explanation:
nike earns about 1.2 billion dollars a month
A company sells 500 sleds per month for $80. Variable costs are $41 per unit and fixed expenses are $3,500 per month. The company thinks that using a new material would increase sales by 70 units per month. If the new material increases variable costs by $4 per unit, the impact on contribution margin would be a ______.
The impact on contribution margin would be a decrease.
What is a contribution margin?A contribution margin is the price of an item less the variable cost of the item. Variable cost is the cost that varies with the cost of production .
Contribution margin = selling price - variable cost
Initial contribution margin = $80 - $41 = $39
New contribution margin = $80 - ($41 + $4) = $35
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A buyer signs an offer and you submit it to the seller. What should the outcome be if the seller signs it and puts it in his desk drawer
The fact that the buyer signs an offer and you submit it to the seller illustrates that the contract is non binding.
What is a contract?A contract simply means an agreement between different parties that has been duly signed.
In this case, fact that the buyer signs an offer and you submit it to the seller illustrates that the contract is non binding.m because he wasn't informed of the sellers acceptance.
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Appraiser John is determining how a property is being used to determine a more optimal function. What is he determining
Answer:
Cost to replace
Explanation:
John is determining the valuation of the property.
what is an appraisal?
The phrase appraisal is defined because of the act of determining the price of something or the file of that price. An instance of the phrase appraisal is when a person determines a residence fee as a result of evaluating the community and its facilities.
An appraisal is a valuation of property, such as real property, a business, a collectible, or a vintage, by the estimate of an authorized individual.
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