A run on banks will cause the supply
rate to do which of the following?

Answers

Answer 1

A bank run happens when significant numbers of depositors withdraw money from banks at the same time out of concern that the institution will fail. With more customers withdrawing money, banks will deplete their cash reserves and eventually default.

What happens when a bank fails?

A default happens when a borrower fails to make the due debt installments. Defaults on secured debt, such as a mortgage loan backed by a home, as well as unsecured debt, such as credit cards or a college loan, can occur. Borrowers who default are vulnerable to legal claims and may have limited future access to credit.

When a bank fails, the FDIC takes control and either sell the bankrupt bank to a more solvent bank or takes over the bank's functioning.

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Related Questions

How can the member countries of wto appreciate the fta

Answers

Free trade agreements (FTAs) are agreements between two or more countries to reduce or eliminate tariffs and other trade barriers on a wide range of goods and services. The World Trade Organization (WTO) is an international organization that promotes trade and helps to resolve disputes between countries.

There are several ways in which member countries of the WTO can appreciate the benefits of FTAs:

1- Increased trade: FTAs can help to increase trade between member countries by reducing or eliminating tariffs and other trade barriers. This can lead to increased exports and imports, which can benefit businesses and consumers in both countries.
2- Economic growth: FTAs can help to stimulate economic growth by increasing the flow of goods and services between countries. This can lead to increased production, employment, and income in member countries.
3-Improved competitiveness: FTAs can help member countries to become more competitive in global markets by reducing the costs of importing and exporting goods and services. This can make it easier for businesses in member countries to enter new markets and expand their operations.
4-Consumer benefits: FTAs can benefit consumers in member countries by providing them with a wider range of goods and services at lower prices. This can be especially beneficial for consumers in developing countries, who may have limited access to certain products due to high tariffs.
5-Political benefits: FTAs can also have political benefits, as they can help to strengthen relationships between member countries and promote cooperation and stability in the region.

5. When are government intervention or government regulations beneficial to consumers?
O when they impose regulations on businesses that limit profits
O when they limit consumer choices by regulating goods sold by private firms
O when they limit the number of businesses permitted to open and sell goods to consumers
O when they impose safety regulations that determine how bicycle helmets are manufactured

Answers

They impose regulations on businesses that limit profits as the government intervention or government regulations beneficial to consumers. Thus, option (a) is correct.

What is government?

The term “government” refers to the legal authority of the country. The government manages to control, command, and handle the country. The government's first priority is to ensure citizens are safe in the country.

According to the rule of the government was the based on the share the profit to the government as per the taxes. The business was the developed to pay the tax to the government to the set as limit of the profit.

As a result, the regulation as the limit of the profit as the set. Therefore, option (a) is correct.

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3. Discuss clearly each authors/contributors theories/principles/assumptions.​

Answers

Authors are writers of a book or piece or writing. Contributors give money or some form of wealth to a cause they are contributing to. Theories are not considered facts but are based off of thoughts. Principals are like guidelines to doing something in a better or good way. Assumptions are thinking that something is a certain way even though you may not have any evidence to support that.

I really hope this answered your question, have an excellent day!

Authors are writers of a book or piece or writing.

Contributors give money or some form of wealth to a cause they are contributing to.

Theories are not considered facts but are based off of thoughts.

Principals are like guidelines to doing something in a better or good way. Assumptions are thinking that something is a certain way even though you may not have any evidence to support that.

What is functionalism social stability?

Functionalism social stability has been known as the key to have a strong society, and adequate socialization and social integration are necessary to achieve social stability. Conflict theory society is full of pervasive inequality based on social class, gender, and other factors.

The theory, functional theory for instance, can be used to understand it by knowing that Society’s social institutions perform important functions to help ensure social stability. The essence of such show is to bring about social stability

Conflict theory can help understand that far-reaching social change is needed to reduce or eliminate social inequality and to create an egalitarian society while functional theory is used to understand the show for social stability, the other theory, conflict theory, us used to bring about social equality.

Therefore, Authors are writers of a book or piece or writing.

Contributors give money or some form of wealth to a cause they are contributing to.

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After a few years of successful business, Thomas saw the need to diversify his business to take advantage of the growth potential of new markets. Doing so also reduces the business risk. He set up a new company that sells 3 models of tables: Russian style, Italian style, and Mexican style. His targeted market was in NYC where there is huge demand for those products. Operating results for June are below:


a. If Italian style is discontinued, management estimates that sales of Russian style will increase by 20%. In good form, prepare an incremental analysis to determine if Italian style should be discontinued.
b. What qualitative factors should Thomas consider relating question (a)?
c. Should Italian style be discontinued based solely on quantitative aspects? Briefly justify your response.
d. Without creating new income statements, and using your results from your analysis in part A, determine the amount of the company’s new net income if Italian style is discontinued. Show your calculations.

I have the work completed...I just need to check my work. I would appreciate any help as soon as possible.

Answers

It seems to me personally that your work is acceptable from what I am shown. The only little thing I would change is instead of using the actual number in your sentences, spell the number to make it look more professional. For example instead of using 3 in a sentence just type or write three.

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An annual report should be shared
with all
A. citizens
B. owners
C. lawyers

Answers

B

The report is typically issued to shareholders and other stakeholders who use it to evaluate the firm's financial performance and to make investment decisions.

Question Content Area Entries for Issuing Bonds and Amortizing Discount by Straight-Line Method On the first day of its fiscal year, Chin Company issued $21,000,000 of five-year, 9% bonds to finance its operations of producing and selling home improvement products. Interest is payable semiannually. The bonds were issued at a market (effective) interest rate of 11%, resulting in Chin receiving cash of $19,417,090.

Answers

The bonds were issued at a market (effective) interest rate of 11%, resulting in Chin receiving cash of $19,417,090.The journalize entries to record the issuance of the bonds.

What is market?

In economics, a market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in exchange

Markets facilitate trade and enable the distribution and allocation of resources in a society. Markets allow any tradeable item to be evaluated and priced.

Market participants consist of all the buyers and sellers of a good who influence its price, which is determined by the market forces of supply and demand.

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I want to create a projject to get funds for education for all people who can not afford them

Answers

Create and distribute your fundraising effort. Organize offline fundraising activities. Ask nearby companies to reciprocate donations. Sponsor group activities. Gather contributions for a school fundraiser are some method.

What is fundraising?

Fundraising, often known as fund-raising, is the process of soliciting and accumulating voluntarily contributed funds from people, businesses, nonprofit organizations, or state agencies.

The ideas that are used for fundraising can be:

Make clever online donation forms.Launch a dough fundraising campaign.Hold a shoe sale to raise money.Make a fundraising event using pledges.Organize a scratch-off ticket school fundraiser.Start a peer-to-peer crowdfunding campaign.Offer school supplies for sale to raise money.Encourage the community to make matching gifts.

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The question is incomplete, the complete question will be :

I want to create a project to get funds for education for all people who can not afford them. What can be the ideas that are used for fundraising

Choose 2 multinational companies (1 U.S.-based company + 1 foreign-based company).
Visit the websites of the 2 companies and conduct research using databases such as Business and Company ASAP and Business
Source Complete.
How do these 2 multinational companies have organized their global business operations?
What are their similarities and differences, and what might explain those similarities and differences?
How might you characterize their business and international strategies?

Answers

Tools like nation portfolio analysis and political risk assessment, which primarily concentrate on the potential benefits from doing business in emerging countries, are used by companies that seek new markets.

How a Global Corporation Operates?

An organisation is considered a global corporation if its operations span at least two nations. Some individuals would classify any business having an overseas branch as a multinational corporation. Some people might restrict the term to only include businesses with at least 25% of their revenue coming from sources outside of their own nation.

What Are Some of the Risks Facing Global Corporations?

The various nations and regions in which multinational firms operate expose them to dangers. These include potential dangers to regulations or the law, political unpredictability, crime and violence, and cultural

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how much you proposed in marketing budget in your cherry mobile brands

Answers

Answer:

If part of your marketing strategy was to release a mobile app, you will also need to budget for prototype testing. This is important to ensure that your mobile app is user friendly and that you can fix any issues that may arise. The average app marketing budget is estimated to be between $1,000 and $5,000.

Explanation:

What is the modified internal rate of return (MIRR) of this project? Assume that the required rate is 12%
Year CF
0 $5,500
1 $450
2 $1,800
3 $3,200
4 $550
5 $2,130

Answers

$1,800 seems correct for the given question

I don’t know what the project is so I am not 100% sure this is correct but that would be my best guess.

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"Insider" information is material given
by an employee to
A. another employee of the same business
B. the general public
C. a few non-employees in the public

Answers

Insider information, also known as interior information, refers to personal facts related to a publicly traded organisation that can furnish a financial benefit in the markets.

How do people get insider information?

The SEC's Edgar database lets in free public access to all filings related to insider shopping for and promoting of stock shares. A number of monetary facts web sites offer easier-to-use databases of insider buying.

This includes Social Security Numbers, financial institution information, different non-public identifiable monetary information, and certain transactions with monetary institutions.

An insider is a director, senior officer, entity, or character that owns greater than 10% of a publicly-traded company's vote casting shares.

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Which of the following is not an example of restructuring?

Answers

Answer:

c

Explanation:

Increasing or decreasing the amount of common stock is not an example of restructuring. Thus, option 'A' is the correct option.

What is restructuring in a business?

A business restructuring is a key step that a company takes to change and reorganize its operations with the goal of lowering debt, boosting productivity, and enhancing the firm's moving ahead. Businesses experiencing financial challenges are more likely to reorganize.

A firm that finds itself in a situation where its debt is rising and it is having trouble making payments on time will frequently choose to restructure in order to find a sustainable solution to pay back all of its creditors and settle any outstanding debt. In general, the significance of corporate restructuring originates from its capacity to right the ship, divert attention from a gathering storm, and steer it in the direction of sheltered seas. It can act to turn around a failing business and position it for success.

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The complete options are:

a. Increase or decrease the amount of common stock

b. Eliminating profitable but unrelated divisions.

c. Merging with companies in related industries.

d. Divesting of an unprofitable division

2. Elastic goods are based on what consumers want, rather than something that they need to survive. Which of the following is an elastic good?
Osoda pop
water
O an apartment
medicine

Answers

Elastic goods or services are those for which demand fluctuates in response to price fluctuations. Consumers who are able and ready to easily shift their purchasing patterns in reaction to price fluctuations are said to be elastic consumers.

Examples of elastic goods:Examples of elastic products include:Soft drinks, like soda pop, are easy for consumers to adapt their consumption based on changes in price or availability because they are not essential for living. Apartments are not necessities for survival, and people can choose where to live depending on a variety of reasons, including price, location, and other considerations.Items like the ones listed below are not elastic goods:Water is a commodity that people will continue to buy even if the price goes up because it is necessary for survival. Because medicine is necessary for preserving health, people will continue to use it even if the cost rises.

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2. Start by creating a list of 5-10 local and remote businesses currently operating that you think would hire project
managers?

Answers

Amazon, Coinbase, HubSpot, IQVIA, PRA Health Sciences, Robert Half International, Thermo Fisher Scientific, and UnitedHealth Group are among the organizations that allow project managers to work remotely.

By decreasing risk and giving precise timings and decision points that assist guarantee projects are delivered on-time and within budget, project planning helps avoid the disappointment of failed and delayed projects. Project managers work with teams to divide a project into smaller, more manageable chunks. Project managers can better manage their teams and respond to problems by dividing the project down into a defined procedure with assigned tasks, dates, and milestones.

A local business could be a small shop, a food truck, or an office building. Because the local business owner owns the building where it is located, it differs from a chain store in another way. The majority of local businesses are often modest, family-run enterprises. Even though your business or client's office is in the same location as yours, working remotely can simply mean doing so. Working from home is hardly a glamourous lifestyle option. It's a decision to increase effectiveness and balance.

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A promissory note can best be described as __________., a. an interest-bearing IOU, b. a guarantee of a line of credit, c. a commitment to lend money to someone, d. a government-backed bond
Those are your only choices

Answers

Answer:

A. An interest-bearing IOU

Explanation:

Cultural differences that might influence the guest service experience include all of the following except

diet
greetings
humor
marriage

Answers

Answer: marriage

Explanation: You are correct! Diet, greetings, humor, and marriage are all cultural differences that can influence the guest service experience. However, marriage is not a cultural difference and therefore would not be included in this list.

How does a decrease in the price level affect the quantity of real GDP supplied in the long run?

A. Changes in the price level do not affect the level of GDP in the long run.
B. In the long run, a decrease in the price level increases inflation, which will decrease real GDP.
C. In the long run, a decrease in the price level will increase real GDP.
D. In the long run, a decrease in the price level decreases inflation, which will decrease real GDP

Answers

The answer is C. A decrease in the price level will increase real gdp


QUESTION 3 of 10: Which of the following demonstrate your restaurant's concept?

Answers

The thing that demonstrate your restaurant's concept is  a) your food.

What is  restaurant concept ?

A restaurant is a place of business that prepares and provides customers with food and beverages. Although many restaurants also provide take-out and food delivery services, meals are often served and consumed on the premises. Within the hospitality industry, which is a subset of the larger service industry, restaurants, bars, and other similar enterprises typically belong under the "food and drink" category.

The topic that characterizes your restaurant serves as your restaurant concept. Restaurant themes describe the overarching theme or philosophy that underpins a restaurant's menu, service method, and musical selection.

Therefore, option A is correct.

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missing options:

a) Your food b) Your staff c) Your presentation d) All of the above. d) All of the above.

A simple interest calculation provides a useful estimate of what compound interest will be if ___________. a. the dollar amount is small, b. the dollar amount is large, c. the term is long, d. the term is short
The answer: c. the term is long is the wrong answer

Answers

D is your answer

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a. At the beginning of the year, Addison Company's assets are $176,000 and its equity is $132,000. During the year, assets
increase $80,000 and liabilities increase $59,000. What is the equity at year-end?
b. Office Store Company has assets equal to $224,000 and liabilities equal to $194,000 at year-end. What is the equity for
Office Store Company at year-end?
c. At the beginning of the year, Quaker Company's liabilities equal $69,000. During the year, assets increase by $60,000,
and at year-end assets equal $190,000. Liabilities decrease $18,000 during the year. What are the beginning and ending
amounts of equity?

Answers

At the beginning of the year, Addison Company's assets will be:

a. The equity at year-end will be $197,000.

b. The equity for Office Store Company at year-end will be $30,000.

c. The beginning and ending amounts of equity will be $103

What is assets?

Assets are items of value owned by an individual or an organization. Assets are divided into two categories: tangible and intangible. Tangible assets are physical in nature, such as cash, land, buildings, equipment, inventory, and investments. Intangible assets are non-physical, such as intellectual property, goodwill, copyrights, and trademarks. Assets can be used to measure the value of a business and its performance.

a. Equity at year-end = $176,000 + $80,000 - $59,000 = $197,000

b. Equity for Office Store Company at year-end = $224,000 - $194,000 = $30,000

c. Beginning equity = $69,000; Ending equity = $190,000 - $69,000 - $18,000 = $103

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A simple interest calculation provides a useful estimate of what compound interest will be if________. a. the dollar amount is small, b. the dollar amount is large, c. the term is long, d. the term is short
Answer c. the term is long is the wrong answer

Answers

A simple interest calculation provides a useful estimate of what compound interest will be if the term is short (option d).

What is simple interest and compound interest?

Simple interest is when the amount invested grows at a linear rate. When an amount earns a compound interest, the amount invested grows at an exponential rate. Thus, an account that earns a compound interest grows at a faster rate than an account that earns a simple interest.

The formula that can be used to determine the future value of an account when there is a simple interest is:

Future value = amount invested + interest earned

Interest earned = amount invested x time x interest rate

The formula that can be used to determine the future value of an account when there is a compound interest is:

FV = P(1 + r)^n

Where:

P = amount invested r = interest rate n = number of years

It is only in the first year that an account that earns a simple interest and an account that earns a compound interest would have the same value.

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Fresh Powder, Inc., manufactures snowboards. Based on past experience, Fresh Powder has found that its total annual overhead costs can be represented by the following formula: Overhead cost = $614,100 + $1.26X, where X equals number of snowboards. Last year, Fresh Powder produced 23,000 snowboards. Actual overhead costs for the year were as expected.

Required:

1. What is the driver for the overhead activity?


For questions 2-4, Enter the final answers rounded to the nearest dollar.

2. What is the total overhead cost incurred by Fresh Powder last year?

$fill in the blank 2
3. What is the total fixed overhead cost incurred by Fresh Powder last year?

$fill in the blank 3
4. What is the total variable overhead cost incurred by Fresh Powder last year?

$fill in the blank 4
For questions 5-7, round your answers to the nearest cent. Use those rounded figures in subsequent computations, if necessary.

5. What is the overhead cost per unit produced?

$fill in the blank 5
per unit

6. What is the fixed overhead cost per unit?

$fill in the blank 6
per unit

7. What is the variable overhead cost per unit?

$fill in the blank 7
per unit

8. Recalculate Requirements 5, 6, and 7 for the following levels of production: (a) 22,300 units and (b) 24,400 units. Round your answers to the nearest cent.

22,300 Units 24,400 Units
Unit cost $fill in the blank 8
$fill in the blank 9
Unit fixed cost fill in the blank 10
fill in the blank 11
Unit variable cost fill in the blank 12
fill in the blank 13
The reason the unit costs changed in the way they did is because:

Answers

1) The driver for the overhead activity is the number of snowboards produced.

2) The total overhead cost incurred by Fresh Powder last year is $643,080.

3) The total fixed overhead cost incurred by Fresh Powder last year is $614,100.

4) The total variable overhead cost incurred by Fresh Powder last year is $28,980.

5) The overhead cost per unit produced is $27.96.

6) The fixed overhead cost per unit is $26.70.

7) The variable overhead cost per unit is $1.26.

Unit Costs Recalculated:

                                               22,300 Units    24,400 Units

8 and 9) Total unit cost              $28.80             $27.58

10 and 11) Unit fixed cost            $27.54              $25.17

12 and 13) Unit variable cost         $1.26               $1.26

14) The reason the unit costs changed in the manner they did is because the total overhead and fixed cost per unit increase as production units reduce and decrease with increased production.

On the other hand, the variable cost per unit remains fixed with its total increasing or decreasing with production levels.

Total annual overhead costs formula:

Overhead cost = $614,100 + $1.26X, where X equals number of snowboards

The number of snowboards produced last year = 23,000 units

At 23,000 Production Units:

Total overhead cost = $643,080 ($614,100 + $1.26(23,000)

Overhead cost per unit = $27.96 ($643,080/23,000)

Variable costs = $28,980 ($1.26 x 23,000)

Variable cost per unit = $1.26 ($28,980/23,000)

Fixed overhead cost per unit = $26.70 ($614,100/23,000)

At 22,300 Production Units:

Total overhead cost = $642,190 ($614,100 + $1.26(22,300)

Overhead cost per unit = $28.80 ($642,190/22,300)

Variable costs = $28,098 ($1.26 x 22,300)

Variable cost per unit = $1.26 ($28,098/22,300)

Fixed overhead cost per unit = $27.54 ($614,100/22,300)

At 24,400 Production Units:

Total overhead cost = $672,934 ($614,100 + $1.26(24,400)

Overhead cost per unit = $27.58 ($672,934/24,400)

Variable costs = $30,744 ($1.26 x 24,400)

Variable cost per unit = $1.26 ($30,744/24,400)

Fixed overhead cost per unit = $25.17 ($614,100/24,400)

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The act of attempting to acquire information such as user names passwords and credit card details by acting as a trustworthy entity in an electric communication is called

Answers

Phishing is the practice of pretending to be a reliable entity in an electronic conversation in order to get sensitive data such as usernames, passwords, credit card information, and occasionally even money (indirectly).

What happens when someone pretends to be a reliable internet source in order to try and get information like usernames or passwords?

Phishing is the fraudulent act of pretending to be a reliable entity in an electronic contact in order to get sensitive information like usernames, passwords, and credit card numbers.

Is it an attempt to get sensitive information such credit card numbers, usernames, and passwords?

Phishing is the practice of pretending to be a reliable entity in an electronic communication in order to get sensitive data, such as usernames, passwords, and credit card numbers.

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< Manny signs a variable lease. • He pays $10/square foot. ● His index is 2. His utilities will cost $350. If his index goes up to 2.5 next year, how much will Manny pay in rent? $8/square foot $25/square foot $12.50/square foot $50/square foot ​

Answers

Manny will pay option C. $12.50/square foot in rent.

How do we determine the amount of rent?

A variable lease is a type of lease where the rent is based on a specific index or formula, rather than a fixed amount.

In this scenario, Manny is paying $10/square foot and his index is 2, and the utilities cost $350. If the index goes up to 2.5 next year, Manny's rent will increase.

To calculate the increase in rent, we can use the following formula:

Rent = Base rent + (Index x Utilities)

So, if the index goes up to 2.5, the new rent will be:

Rent = $10/square foot + (2.5 x $350)

Rent = $10/square foot + $875

Therefore, Manny will pay $12.50/square foot in rent if the index goes up to 2.5 next year.

So, the correct answer is $12.50/square foot.

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After each of the following statements, circle T for a true statement or F for a false statement.

1. Financial institutions usually do not charge a fee for checking
account services.

2. Most financial institutions offer online and telephone banking services.
3. Electronic funds transfer (EFT) often involves the use of ATM machines.
4. It is important to reconcile your checkbook immediately when you
receive the bank statement.

5. When a check you have issued has been lost or stolen, you should
request a stop payment order.

6. To open an account, either checking or savings, you first must fill
out and sign a signature form.

7. When a minimum balance is not maintained in a checking account,
the bank will usually waive a service charge.
8. A debit card is the same as a credit card.

9. A money market account is an interest-bearing checking account that
pays a higher rate of interest.

10. With online banking, you can make deposits and withdrawals.

Answers

Personal finance is indeed the financial planning that a person or a family unit uses to set a budget, save money, and spend it.

What is a Personal Finance?

The answers for the given questions are:

False: The majority of the time, financial institutions don't charge for checking account services.True: The majority of financial organisations provide telephone and internet banking services.True: A common method of electronic money transfer (EFT) is to utilise an ATM.True: When you get your bank statement, it's crucial to promptly reconcile your chequebook.True: You must ask for a stop demand draft if a check you wrote has been misplaced or stolen.True: You must first complete and sign a signing form in order to create an account, either a checking or a savings one.False: The bank will often not impose a service fee if a checking account's budget range is not met.False: A debit card functions exactly like a credit card.True: An attention checking account that pays a greater rate of interest is known as a money market account.True: You may make withdrawals and deposits using internet banking.

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Tonya Fairfield, an attorney, traveled to Washington D.C. for a case. Because of delayed flights from the West Coast, her travel lasted all day. When she arrived at to her hotel late at night, she was exhausted. She got to her room and realized she had left her cell phone in the taxi cab. She called the front desk and spoke to Susan, the front desk manager. Susan told Ms. Fairfield not to worry and to get a good night's sleep. Susan then spent the next hour tracking down the cab driver. The next morning Ms. Fairfield received complimentary room service with scones, a cup of coffee, a flower in a vase, and her cell phone. This incident could be classified as:


a basic service factor


a satisfaction service factor


performance service factor


an excitement service factor

Answers

The incident that has to do with the description that has being provided here is one that would be classified as: satisfaction service factor. Option 2

What is a satisfaction service factor?

A satisfaction service factor refers to the degree to which the service provided meets or exceeds customer expectations. In this case, Ms. Fairfield had a problem with her phone being left in the taxi, and the front desk manager Susan took initiative to track down the cab driver and return the phone to her. Furthermore, the hotel provided her with complimentary room service which exceeded her expectations. This led to Ms. Fairfield being satisfied with the service provided by the hotel.

A basic service factor is the minimum level of service that is expected. Performance service factor refers to how well the service is delivered. An excitement service factor is an unexpected or unique aspect of the service that creates a sense of excitement or surprise.

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Comprehensive Problem- Chapter 4 Bas Baladi for the marketing of cooperative agricultural products is a company based in Ramallah. It operates two separate major divisions: Organic Food division, and Beverage division. On December 31, 2021, Bas Baladi had $327,000 operating Income. Required: a) Based on the below information (A-G). Use the following format to prepare the statement of comprehensive income. (Assume the tax rate is 20%) Note: Some of the items provided will not affect the statement of comprehensive income. A During 2021, the entity discovered that there's an error in the calculation of pension expense for 2020. The error overstated income before tax by $17,000. B Flood in Ramallah's farmland caused the company a loss of $11,000. They received insurance coverage of $6,500. Assume floods are common in Ramallah. C Bas Baladi decided to dispose of the Beverage division at the beginning of 2021. The Beverage division recognized a loss from operations of $150,000 before tax for the year ended 31 December 2021. The division was sold for $1,000,000, while the carrying value of the division's assets was $900,000. D In 2020 Bas Baladi purchased 10,000 shares of Padico stock at $1.2 per share. The stocks were categorized as a trading security. During 2021, the company received cash dividends of $0.05 per share. E Until 2021, the company has used weighted average, and on January 1, 2021. It has decided to switch to FIFO. The cumulative effect of this change is $60,000 before tax. F. The company suffered a $10,000 loss before tax from foreign currency translation of its subsidiary's financial statements. G Minority interest in net income amounted to $22,480.​

Answers

Answer:

Explanation:

Statement of Comprehensive Income

For the year ended December 31, 2021

Net income:

Operating income $327,000

Adjustment for error in pension expense (17,000)

Loss from flood (4,500)

Loss from disposal of Beverage division (150,000)

Gain from sale of Beverage division 100,000

Cumulative effect of change in accounting principle (60,000)

Loss from foreign currency translation (10,000)

Total comprehensive income $131,000

Tax Expense (20%* $131,000) $26,200

Net income after tax $104,800

Minority interest in net income $22,480

Net income attributable to owners $82,320

Note:

-A: Error in pension expense, overstated income before tax by $17,000

-B: Flood in Ramallah caused a loss of $11,000, Insurance coverage received $6,500

-C: Beverage division recognized a loss from operations of $150,000 before tax, The division was sold for $1,000,000, Carrying value of the division's assets was $900,000

-D: Purchased 10,000 shares of Padico stock at $1.2 per share, classified as trading security, received cash dividends of $0.05 per share

-E: Change in accounting principle from weighted average to FIFO, cumulative effect $60,000 before tax

-F: Loss from foreign currency translation of subsidiary's financial statements $10,000

-G: Minority interest in net income $22,480

It's worth noting that the above statement is showing the comprehensive income, which is an important way of presenting the financial results of a company, as it includes all the transactions and events, whether or not they are included in the company's net income, or whether or not they are reported in the company's statement of financial position.

Explain right to be heard with examples

Answers

The right to be heard means that, depending on their age and maturity, children can be involved in decisions and issues that affect them.

What is the right to be heard?The right to be heard (including the participation of children) is a principle of child rights as defined in the United Nations Convention on the Rights of the Child. According to article 12 of the Convention, children have the right to express their views on all matters that affect them, and their views must be given due weight according to their age and maturity. This right applies equally to children's participation in social and political affairs, and to judicial and administrative proceedings. As a general principle, children's right to be heard should be addressed not only as vulnerable individuals with special protection needs, but also as informed decision makers, rights holders and active members of society. It reflects the child's notion of 'agency', The right to a hearing in article 12 is closely related to other articles of the Convention, which together form the so-called 'participation rights' of children and the recognition of children as citizens with rights holders. Emphasis on understanding.

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What is usually the best way to display date if you have more than 10 results? a. bar graph, b. pie chart, c. line graph, d. none of the above

Answers

BAR GRAPH

The best way to display data if you have more than 10 results is usually a bar graph (a).

A bar graph is a chart that uses horizontal or vertical bars to show comparisons among categories. It is a useful tool for visualizing data and comparing values across different categories.

For example, if you have data on the number of people who prefer different types of music, you could use a bar graph to show the relative popularity of each type of music. The bars in the graph would represent the number of people who prefer each type of music, and the height of the bars would correspond to the number of people.

Bar graphs are effective for displaying data when you have more than 10 results because they allow you to easily compare the values of different categories at a glance. They are also easy to read and understand, making them a popular choice for presenting data.

Option b, pie chart, is not usually the best way to display data if you have more than 10 results because pie charts can become cluttered and difficult to read when there are too many slices.

Option c, line graph, is not usually the best choice for displaying data with more than 10 results because line graphs are better suited for showing trends over time rather than comparing values across different categories.

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Describe the fiscal policy action that is discussed in the article including is such a such as is under the bed approve or reject it will the fiscal policy action discuss in the article promote price stability fallen ploy Ment and economic growth is playing with the fiscal policy action discussing the article if approve contribute to the creation of a budget surplus or a budget deficit will this likely increase decrease or not affect the national debt explain did you approve or disapprove of the fiscal policy action describe in the article explains your response and identify at least one trade out for your choice

Answers

In economics and political science, fiscal policy is the use of government revenue collection and expenditure to influence a country's economy.

What is the meaning of Fiscal Policy?

Fiscal policy is the term used to describe how the government uses taxation and spending to influence the economy. Governments frequently utilize fiscal policy to promote strong, long-term growth as well as to reduce poverty.

Fiscal policy refers to the tax and spending plans of the federal government. Fiscal policy decisions are largely made by the Administration and Congress with little input from the Fed.

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