a focus on people and interactions above procedures and tools, Working software over thorough documentation, customer input during contract negotiations over contract drafting, and adapting to change over sticking to a schedule. 4 principles of agile
What are agile's three pillars?In this article, I'll talk about each of the three Cs—Card, Conversation, and Confirmation—and explain why and how to make sure you're do that correctly. I'll also sprinkling in some advice from my experiences working with agile teams.
What are the three stages of the agile lifecycle?The Lean Life Cycle. The exploratory life cycle (Lean Startup). An organization's program life cycle.
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Which one is a better measure of the economic performance of a country?
Gross domestic product, or GDP, which measures the "output" or total market value of goods and services produced in the domestic economy over a specific time period, is the most comprehensive indicator of overall economic performance.
The production, distribution, and consumption of goods and services are all topics covered by the social science of economics. Economics focuses on both the functioning of economies and the actions and interactions of economic players. The study of microeconomics focuses on what are seen as the core elements of the economy, including market and agent behavior as well as the interactions that arise from those behaviors. Individual agents can represent households, businesses, buyers, and sellers, to name a few. Macroeconomics is the study of the economy as a system in which production, consumption, saving, and investment coexist. It also examines the factors that affect this system, such as the employment of labor, capital, and land resources, currency inflation, economic growth, and public policies that have an impact on these elements.
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Gross domestic product, or GDP, which measures the "output" or total market value of goods and services produced in the domestic economy over a specific time period, is the most comprehensive indicator of overall economic performance.
The production, distribution, and consumption of goods and services are all topics covered by the social science of economics. Economics focuses on both the functioning of economies and the actions and interactions of economic players. The study of microeconomics focuses on what are seen as the core elements of the economy, including market and agent behavior as well as the interactions that arise from those behaviors. Individual agents can represent households, businesses, buyers, and sellers, to name a few. Macroeconomics is the study of the economy as a system in which production, consumption, saving, and investment coexist. It also examines the factors that affect this system, such as the employment of labor, capital, and land resources, currency inflation, economic growth, and public policies that have an impact on these elements.
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What are the 3 different form of production process?
Businesses that sell products have three more production methods at their disposal. Batch production, continuous production, and job production are some of these.
1. Job Order Production: The job order output system stands out for its low production volume. Making products with a focus on meeting client wants is involved.
2. Batch Order Production: Production under a batch order is suitable for medium volume lots of the same sort, whether to complete a specific order or to satisfy market demand. When the production of a single batch has been completed, the facilities of the plant are available for the manufacture of other, equivalent products in response to market demand.
3. Continuous Production: This method of manufacturing is frequently associated with high demand and large quantities. Continuous production is hence the specialized manufacture of identical goods or products while utilizing all available machinery.
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How long is Walmart's hiring process?
It usually takes one to two weeks to get hired at Walmart.
What is Walmart?Walmart seems to be an American multinational retail corporation headquartered in Bentonville, Arkansas, that operates a nationwide chain of hypermarkets (also known as supercenters), discount department stores, and grocery stores.Walmart Inc (Walmart) operates grocery stores, supermarkets, hypermarkets, department and discount stores, and neighborhood markets.Most Walmart locations are understaffed, so as long as you have reasonable availability and aren't looking for a specific position, you should be able to get hired quickly as long as you pass a drug test and background check. You can always try to move into a better position later on.Walmart's hiring process includes an application, one to two in-person interviews with management, drug test, a background check, and, in some cases, a fitness test are required.To learn more about Walmart refer to :
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What are interest groups ?
An pastime/interest group or an advocacy crew is a physique which makes use of more than a few forms of advocacy in order to impact public opinion and/or policy. Interest group might also additionally refer to: Learned society.
What is the major function of interest groups?Interest corporations are shaped to promote the pastimes or issues of their members. They are specifically involved with influencing public policy. Because a key feature is to exert stress on political decision-makers, hobby corporations are sometimes referred to as 'pressure' or 'lobby' groups.
For example, the Sierra Club focuses on defending the environment as properly as the wild locations on earth. They also center of attention on the training of human beings on maintenance of the environment.
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Graphical user interfaces (GUI), Command line interfaces (CLI), menu-driven user interfaces, and touch user interfaces are the four primary categories of user interfaces.
What is the user interface's operation?User interfaces are the means by which people interact with computers, websites, and applications. Simple and easy to use user interfaces should need the least amount of user effort to get the desired results.What does a user interface look like?The user interface is the point of interaction and communication between people and computers on a gadget, website, or app. Desktop graphics, keyboards, mouse, and display screens are a few examples of this.For more information on user interface kindly visit to
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How many types of price controls are there?
Price ceilings and floors, which set the highest and minimum prices that may be charged, are the two main types of price control.
Governments impose and enforce price controls, which are limitations on the prices that can be charged in a market for products and services. Implementing such controls can be done with the intention of containing inflation and keeping prices affordable for consumers even when there are shortages of specific items, or it can be done to attempt and raise wages to the level of a living wage. The two main types of price control are a price ceiling, which sets the highest price that can be charged, and a price floor, which sets the lowest price that can be charged. Rent control is a well-known illustration of a price cap since it restricts the amount of rent increases that landlords are allowed to impose by law. Minimum wage is a commonly utilized pricing floor (wages are the price of labor). In the past, price restrictions were frequently used as a component of a larger incomes policy plan that included included wage controls and other regulatory components. Governments frequently utilize price restrictions, but Western economists generally concur that these measures do not achieve their intended goals. Instead, many economists advise against using price controls altogether. For instance, in the early 1990s, nearly three-quarters of a sample of 1,350 American economists disagreed with the claim that "wage-price limits constitute a desirable policy tool in the control of inflation."
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In addition to B2B and B2C transactions, e-commerce is commonly used in all of the following business activities except: a. customer relationship management. b. supply chain management. c. regulatory compliance management. d. product life cycle management.
In addition to B2B and B2C transactions, e-commerce is commonly used in all of the following business activities except regulatory compliance management. The correct option is c.
What is E-commerce?E-commerce or electronic commerce can be understood as the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-business. The term e-tail is also sometimes used in reference to the transactional processes that make up online retail shopping.
The terms e-commerce and e-business are often used interchangeably.
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pickleco, a pickle-producing firm, hires labor and capital in perfectly competitive factor markets. the firm is minimizing its costs at the current production level. the marginal product of labor is 100 units and the marginal product of capital is 60 units. if the rental price of capital is $12, what is the wage pickleco is paying its workers? responses
Pickle, a pickle-producing firm, hires labor and capital in perfectly competitive factor markets. the firm is minimizing its costs at the current production level. the wage Pickleco is paying its workers is $720.
What is the wage?Generally, To find the wage that Pickleco is paying its workers, we can use the principle of marginal cost equal to marginal revenue product. This states that the cost of each additional unit of a factor of production (in this case, labor) should be equal to the revenue that the firm receives from using that unit of the factor.
The marginal revenue product of labor is the marginal product of labor (100 units) multiplied by the price at which the firm can sell each unit of its product. If we assume that the firm is operating in a perfectly competitive market and is a price taker, then the price at which it can sell each unit of its product is equal to the market price.
If the rental price of capital is $12 and the marginal product of capital is 60 units, then the marginal cost of capital is $12 per unit * 60 units = $720.
If the marginal cost of capital is $720 and the marginal product of labor is 100 units, then the marginal revenue product of labor is $720. This means that the wage Pickleco is paying its workers is equal to the marginal cost of labor, which is also $720.
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Is it unethical to target uninformed consumers?
Targeting uneducated consumers is wrong and unethical. It is unethical since it can harm a maker's or company's sales, it deceives people into buying things that aren't exactly what they're promised, and it abuses authority.
Is it ethical for companies to avoid a particular market segment?It is morally correct for companies to steer clear of certain market niches. Organizations chose their market niche in accordance with their policies, vision statements, and mission statements. Because they think it will generate substantial profits for them, they frequently select a market niche with a sizable consumer base.
It is not immoral nor dishonest to employ marketing strategies and concentrate on clients with minimal experience. One of the explanations is that the majority of firms and companies carry out customer research and analysis to determine the elements that might persuade a person to buy a product.
Which aspect of targeted advertising is unethical?Target marketing techniques that are immoral include lying, deceiving, manipulating, and threatening customers. Regrettably, these immoral marketing techniques target weaker populations.
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What are the two measures of GDP?
The amount of money made through wages and profits, or GDP, can be calculated in a variety of ways. the cost of the goods and services generated.
Gross domestic product (GDP) measures the market value of all completed goods produced and sold by countries within a specific time period in terms of money. Due to the measurement's complexity and subjectivity, it must be repeatedly adjusted before it can be considered reliable indicator. While GDP per capita does not account for differences in the cost of living and inflation rates of the various countries, nominal GDP is preferable for comparing national economies on the global market. Therefore, when comparing living standards between nations, employing a base of GDP per capita at purchasing power parity (PPP) may be more useful.
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The amount of money made through wages and profits, or GDP, can be calculated in a variety of ways. the cost of the goods and services generated.
Gross domestic product (GDP) measures the market value of all completed goods produced and sold by countries within a specific time period in terms of money. Due to the measurement's complexity and subjectivity, it must be repeatedly adjusted before it can be considered reliable indicator. While GDP per capita does not account for differences in the cost of living and inflation rates of the various countries, nominal GDP is preferable for comparing national economies on the global market. Therefore, when comparing living standards between nations, employing a base of GDP per capita at purchasing power parity (PPP) may be more useful.
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What are the 5 types of income tax?
The 5 types of income tax are Income from salary, Income from house property, Income from profits and gains from business or profession, Income from capital gains, Income from other sources.
What do you mean by Tax?Taxes are compulsory payments made by a government organization, whether local, regional, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, such as Social Security and Medicare as well as public infrastructure and services like roads and schools.
Income taxes are levied against both businesses and individuals (or family units). Based on the income received, individual income taxes are calculated. Typically, it is categorized as a direct tax because the burden is thought to fall on the people who pay it.
Direct tax and indirect tax are the two forms of taxes.
Therefore, Income from salary, Income from house property, Income from profits and gains from business or profession, Income from capital gains, Income from other sources are five types of income.
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the coordination required to realize value from a diversification strategy based on transferring, sharing, or leveraging competencies is a major source of bureaucratic costs. true false
The coordination required to realize value from a diversification strategy based on transferring, sharing, or leveraging competencies is a major source of bureaucratic costs.
The above statement is True.
By introducing or acquiring new items, businesses can increase their market share or access new markets (perhaps through licensing, merger, or acquisition). It enables a business to develop by increasing its market share in an already-existing market or by establishing a market presence.The company's initial concentration was on electrical goods. However, throughout time they have purchased and established operations in the kitchen appliance, gas, power plant, and rail industries.To know more about Business here
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What are the 3 most important components for a blockchain?
The 3 most important components for a blockchain are node, transaction and block.
Databases hold data safely and dependably via the blockchain, a network of connected blocks (peer-to-peer). In other words, since the blockchain network is composed of several connected computers rather than a single central server, it is decentralised.
Like any other piece of software, a decentralised blockchain application is built from the ground up. Functional requirements, UX/UI designs, and an architectural plan are necessary for its creation. The functionality of the app, user roles, system flow, and user interactions with data must all be taken into account.
Block: A data structure that records a collection of transactions that are distributed to all network nodes. Node: A blockchain participant, such as a computer. A transaction is the smallest component of a blockchain system.
Like every solid technological advancement, blockchain technology has its own underlying principles that make it unique in the commercial world. Decentralization is mostly to blame for its rapid growth and success. Unchangeability and transparency.
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miranda wants to start her own store in fashion, targeting a very narrow market segment. if this business carried a deep assortment of a specific type of clothing, which type of physical retail score would be most ideal for her business?
Specialty store type of physical retail score would be most ideal for her business.
A company that specializes in selling a single item or a small selection of items is known as a specialty retailer. Specialty stores are frequently retail establishments that concentrate on specific product categories. Small quantities of goods are sold in retail establishments for immediate consumption rather than for future resale.
Although they focus on one particular area of items, specialty shops can also sell a wide range of products. Small retail shops, large national chains, or locally owned businesses can all operate specialty stores.
The most typical kind of specialized store is a specialist retail store. These companies buy products in large quantities from wholesalers or other suppliers with the intention of reselling them for a profit.
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How does an agile team obtain clarity on back?
The team meets with the product owner for a backlog refinement session each iteration to clarify which backlog items will be selected for subsequent iterations.
How does an agile team keep requirements up to date?In a backlog, the agile teams keep track of their requirements. Product Backlog Items (PBI) are the items that are stored in it in Scrum and are referred to as such. Functional requirements, non-functional requirements, enhancements, change requests, or defects are all examples of these items.
When it comes to iteration, how does the team know what to work on?During iteration planning, the team discusses with the product owner who should work on what and decides who should.
What makes a successful deft group?An agile team completely comprehends the project, divides it into fragments or modules, works on them individually or cross-functionally, tests, deploys, and completes the project well in advance of the scheduled deadline. An agile team almost always has a common understanding of a project's requirements.
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Why is it important to attract new customers?
A greater sense of brand awareness can increase sales and brand loyalty by assisting potential customers in recognizing the brand when they require the supplied products.
Sales can be raised by bringing in more clients to complement the current clientele, which frequently results in higher profits.
A greater sense of brand awareness can increase sales and brand loyalty by assisting potential customers in recognizing the brand when they require the supplied products.
In addition to higher profits, expanding your customer base helps build brand recognition. Clients frequently stay up to date on what the market has to offer. Even devoted customers will stop patronising your business if it lags behind.
Therefore, acquiring new clients is crucial for increasing sales. You can become aware of the wants of customers by bringing in new customers. You can provide them WHAT THEY NEED if you know what THEY NEED.
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A primary reason for using standardization is to:A.reduce production costs.B.increase the choices available for customers.C.reduce product quality.D.support variability of the resources used.E.foster creativity.Most firms that manufacture products in large quantities for many customers have found that they canmake them cheaper and faster by standardizing designs. Standardization speeds up production andquality control and reduces production costs.
A primary reason for using standardization is to. reduce production costs. Most firms that manufacture products in large quantities for many customers have found that they can make them cheaper and faster by standardizing designs. Standardization speeds up production and quality control and reduces production costs.
Why is standardization important in business?
Business needs standardization because it helps ensure the safety of the products being produced. Additionally, it aids in maintaining the compatibility and consistency of products. This makes a set of practises within an industry uniform.
Standardization seeks to ensure consistency among specific business practices. The focus of standardization is on the production of products, business operations, technology usage, and the implementation or execution of particular mandatory processes.
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What is a life cycle and why is it important?
The shortest life cycle would be the haploid one. Numerous eukaryotic single-celled creatures contain it. The preponderance of the lifetimes of organisms with such a haploid life cycle are spent as haploid gametes.
A diploid zygote is created when the scattered gametes mate.
The progression of form as well as activity stages that a living entity goes through to go from its initial stage (as an egg) inside one individual to its subsequent stage in its progeny.
A technique called life cycle analysis (LCA) is utilized to assess a product's environmental impact across its entire life cycle, which includes raw material extraction as well as processing, production, distribution, usage, recycling, as well as final disposal.
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your estimate of the market risk premium is 7%. the risk-free rate of return is 4%, and general motors has a beta of 1.4. according to the capital asset pricing model (capm), what is its expected return? group of answer choices 11.7% 13.1% 10.4% 13.8%
The expected return seems to be the profit or loss that an investor anticipates on a known historical rate of return investment (RoR).
What is expected return?A capital asset pricing model (CAPM) is a model that is used to compute a theoretical required rate of an asset in order to decide whether or not to add assets to a well-diversified portfolio of investments.The expected return can be calculated using the Capital Asset Pricing Model (CAPM) using the following formula:
Expected return = risk-free rate + (Beta * Market ris premium)
Here given that,
4% risk-free rate of return
7% market risk premium
Beta = 1.4
When we plug the values into equation (1), we get:
4% expected return + (1.4 * 7%) = 13.8%
As a result, option D) 13.8% is the correct answer.
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How do I correct my address with Social Security?
Social Security offers protection for people who become handicapped or outlive their retirement funds.
When you reach retirement age or become disabled and unable to work, Social Security offers you a source of income. Additionally, it can provide benefits to your spouse, kids, or parents, who are considered to be your legal dependents, in the event of your passing. An initiative of the federal government is Social Security. Benefits are given to those who qualify for the programme by using taxes that have been deposited into a trust fund. For employment purposes, you must have a Social Security number. Opening a "my Social Security" account may be a good idea if you currently receive or will soon receive Social Security benefits. Your SSA benefits can be managed and tracked through this online account, a feature provided by the SSA.
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harper corp.'s sales last year were $395,000, and its year-end receivables were $42,500. harper sells on terms that call for customers to pay 30 days after the purchase, but many delay payment beyond day 30. on average, how many days late do customers pay? base your answer on this equation: dso - allowed credit period
In accordance with the stated statistics, clients typically pay after nine months.
Why are customers so crucial?They not only spend more money, but they also bring in more clients. Your sales agents are your customers. Actually, 56% of customers said they would recommend a company that offered outstanding service to friends and family. You can keep customers that are willing to endorse your firm by giving them exceptional customer service. Unphased Struggles, Impulsive Spendthrifts, Balanced Optimists, Aspiring Struggles, Conservative Introverts, Independent Skeptics, & Secure Traditionalists.
Briefing:Average days late = Average Number of days Outstanding - Acceptable Credit Period.
Days Sales Outstanding
[tex]\frac{account receivable}{sales}[/tex]*365=DSO
[tex]\frac{42500}{395000}[/tex]*365=DSO
DSO= 38.81012658 = 39 days
Days Sales Outstanding – Credit Period Allowed = Average Days Late
39 - 30 = 9 average days late
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What will be the impact of the fall in the price of the substitute goods on the demand of the product?
The demand for a certain commodity declines when the price of substitute goods declines, and vice versa.
The effect of a substitute good's price drop on the given good. Explain?Products like tea and coffee are examples of substitute goods since they can be used in lieu of one another to satisfy a certain need. The demand for a certain commodity declines when the price of substitute goods declines, and vice versa. The demand for a given good, such as tea, will decrease if the price of a substitute good, such as coffee, decreases, demonstrating how the price of substitute goods directly affects the demand for a particular good.
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What are the 2 responsibilities of the employer to ensure employees are safe?
It is the responsibility of employers to ensure that employees are working in a safe environment. Management teams and business owners are responsible for promoting workplace safety.
Employers should encourage employees to adopt safe practises and use safety equipment. They should be in favour of safety laws and programmes. The workplace is more productive the safer it is. Productive workers are advantageous to all firms. For instance, productive employees could do more work in less time, lowering operational costs. Workplace safety promotes the health of employers and employees alike. When there is more safety, health improves. A healthy workforce performs tasks more successfully and is typically happier. Accidents are quite uncommon in a safe working environment.
Including workplace safety in the organization's mission statement is one method to achieve this. Every employee should be responsible for following the safety regulations. Every workplace accident should be looked into by the employer. They want to motivate staff to adhere to all safety guidelines. Additionally, employers must express in writing the risks of not adhering to them. This lessens the likelihood of errors.
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mary anne (35) has two dependent children, jackson (17) and mabel (4). they lived in the u.s. all year. she earned $16,684 wages in 2021. she had no other income and no adjustments. she is filing head of household. she has no tax liability. what is the amount of child tax credit (ctc) she can receive?
Based on this information, Mary Anne may be eligible to receive the full non-refundable CTC of $2,000 per child, for a total of $4,000. If she is also eligible for the refundable portion of the CTC, she may be able to receive an additional credit based on her income.
Fyi: These calculations are based on the CTC rules in place for 2021 and are provided for informational purposes only. It is important to verify the CTC rules and eligibility requirements with the Internal Revenue Service (IRS) or a tax professional before filing your tax return.
To calculate the Child Tax Credit (CTC) that Mary Anne can receive, you can use the following steps:
Determine the number of dependent children: Mary Anne has two dependent children, so she may be eligible for two child tax credits.
Calculate the non-refundable CTC: The non-refundable CTC is $2,000 per child. For Mary Anne, the total non-refundable CTC is $2,000 x 2 children = $4,000.
Calculate the refundable CTC: The refundable CTC is limited based on your income. For 2021, the income threshold for receiving the full refundable CTC is $3,000. Because Mary Anne's income is below this threshold, she may be eligible to receive the full refundable CTC of $1,400 per child, for a total of $1,400 x 2 children = $2,800.
Add the non-refundable CTC and the refundable CTC: The total CTC that Mary Anne can receive is $4,000 (non-refundable CTC) + $2,800 (refundable CTC) = $6,800.
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tariffs a. are unambiguously pro-consumer and anti-producer. b. are the best way of achieving free trade c. reduce efficiency because a protective tariff encourages domestic firms to produce products at home. d. create efficient utilization of resources. e. reduce the price of foreign goods.
Tariffs typically favour producers over consumers. - Import taxes lower the global economy's overall efficiency. Because a protective tariff encourages domestic businesses to manufacture goods at home that, in theory, could be produced more successfully overseas, they lower efficiency.
What is the purpose of a tariffs?
The natural resources and capacity of the majority of nations to generate specific goods and services are their main constraints. To meet the wants and expectations of their populace, they engage in commerce with other nations. However, trading partners don't always conduct business in a cordial way. Trading partners may become dissatisfied due to policies, geopolitics, competitiveness, and many other issues.
Tariffs are one tool used by governments to interact with trading partners with whom they do not agree. A tariff is a charge that one government imposes on the imports of products and services from another country in an effort to sway it, generate income, or safeguard competitive advantages.
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your firm is selling a 3-year old machine that has a 5-year class life. the machine originally cost $580,000 and required an investment in net working capital of $5,000 at the time of installation (recoverable when the machine is no longer in use). your firm is selling the asset for $180,000. your firm's marginal tax rate is 34%. what is the cash flow effect from selling this machine?
The cash flow to sales ratio demonstrates a company's capacity to produce cash flow in proportion to its amount of sales. The net cash flow is $ 195593.6.
What is the impact of selling this machine on cash flow?First lets calculate the After depreciation net book value of the machine by computing depreciation as per MACRS 5-year class
Year 1 % Dep = 20%
Year 2 % Dep = 32%
Year 3 % Dep = 19.20%
So NBV of machine after 3 years
= 580,000 - (580000*0.20)-(580000*0.32)-(580000*0.1920)
=$167,040
We calculate the net taxable value of the gain as
=180,000 - 167040 = $12,960
Tax = 12960*0.34 = $4406.4
Thus the net cash flow proceeds from the sale of machine are as follows,
NCF = 180,000 - 4406.4 + 20,000 = $195593.6
where $20,000 is the freed working capital.
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Who is Mollie and how is she characterized in Chapters 3 and 4?
Mollie enjoys being coiffed and petted and longs for human attention. As she misses eating sugar cubes and wearing ribbons in her mane, she struggles with her new existence on Animal Farm.
She is a representative of the Russian petit bourgeoisie that left the country shortly after the Russian Revolution.
The conceited mare that pulls Mr. Jones's carriage is flighty and vain. Mollie enjoys being coiffed and petted and longs for human attention. As she misses eating sugar cubes and wearing ribbons in her mane, she struggles with her new existence on Animal Farm. She is a representation of the Russian small bourgeoisie that left the country after the Russian Revolution. Mollie is a white horse in George Orwell's book Animal Farm.
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only goods and services are included in the estimation of nominal gdp, the dollar value of output produced in an economy.
Answer: only final goods and services are included in the estimation of nominal GDP, the dollar value of output produced in an economy.
Explanation:
If joey were single and his taxable income was $9,800, how much would he pay in taxes each year?.
According to the tax bracket established by the US government in 2018, a single adult making between $0 and $9,500 annually is subject to a 10% tax rate.
Assuming Joey has no extra tax deductions, the amount of taxes Joey would have to pay is:
$ 9,800 x 10% = $ 980
Calculate your US federal income tax using IRS formulae for 2021, 2020, 2019, 2018, 2017, 2016, 2015, or 2014. Only taxable income will be used by the calculator to determine your tax. does not include additional taxes or income credits. excludes self-employment tax for independent contractors.
Your net income, or how much money is left over after taxes or other payments, is also taken into account. Any additional taxes you may owe are not taken into account.
The calculator will also calculate tax as a percentage of your taxable income based on the tax bracket you enter.
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What is the benefits of having insurance?
One can use insurance to mobilize personal savings. The economy is significantly impacted as a result.
This total sum of money, or accumulated capital, can be used to make profitable investments, which minimize the severity of financial losses, bring about financial stability, and encourage trade and commerce activities, which in turn support the expansion and development of the economy.
The stress of controlling health-related risks is eliminated with medical insurance. Anyone can experience suffering from clinical sickness or poor health. The majority of society finds it challenging to pay medical bills. Medical insurance coverage provides some protection against certain health risks. According to the terms of the medical insurance policy, the insured is guaranteed medical assistance.
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