1. Question : (TCO A) There is a decrease in the cost of labor for producing bicycles. (4 pts.) What happens to bicycle supply? (6 pts.) What happens to bicycle demand? Student Answer: When there is an increase in the price of labor for making bicycles the supply would decrease because it would cost more to make the bikes and the supply curve would shift to the left. There would be no change in the demand for the bicycles. Instructor Explanation: Since a change in costs to produce the
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investigation revealed that 382 TSA officers have been fired since the TSA was formed a decade ago for allegedly stealing from passengers. As part of the investigation‚ ABC News tracked an iPad that was purposefully left behind at an airport security checkpoint in Orlando to the home of a TSA agent. Another former TSA employee‚ Pythias Brown‚ served three years in prison for theft and said he stole approximately $800‚000 worth of cash and merchandise from travelers before he was caught. "It was very
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purchased the annuity‚ to be paid annually for 20 years‚ for $210‚000. Gross income per payment is $14‚500 1 INVESTMENT $210‚000.00 2 NUMBER OF PAYMENTS 20 3 RETURN OF CAPITAL PER PAYMENT $10‚500.00 210000/20 4 AMOUNT OF EACH PAYMENT $25‚000.00 5 GROSS INCOME ADDED PER YEAR $14‚500.00 (4) - (3) d. Ken received $13‚000 in Social Security benefits for the year. Ken must add to gross income $11‚050. SOCIAL SECURITY $13‚000.00 MODIFIED AGI $70‚000
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Week 3 Assignment: Pro Forma Statement The Landis Corporation had 2008 sales of $100 million. The balance sheet items that vary directly with sales and the profit margin are as follows: Percent Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5% Accounts receivable. . . . . . . . . . . . . . . . . . . . . . 15 Inventory . . . . . . . . . . . . . . .
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LAW 200 Assignment Sept‚ 8th 2013 Prepared By Zeeshan Rahman ID # 093 0194 530 Prepared For Shaheen Ahmed (SHD) Section 10 Introduction Company Defined According to Lord Justice Lindley‚ “By a company is meant association of many person who contribute money or money’s worth to a common stock and employ it for a common purpose. The common stock so contributed is denoted in money and is the capital of the company. The persons who contribute it or to whom it belongs are members. The
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Week 6 Checkpoint The accounting cycle is a series of procedures that allow a company to record their transactions and prepare their financial statements in the most accurate way possible. Every cycle starts with a single transaction and ends with the books being closed out for a specific time period. There are nine steps in all. 1. Analyze Business Transactions – As financial transactions occur they are analyzed and considered with respect to their effect on their financial position in the
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Information Technology Acts XBIS/220 May 23‚ 2013 This week we are to pick two information technology acts to research and discuss the advances in information technology that resulted in new ethical issues that created the act. I currently work as a teller for a local bank and have chosen to research and discuss the Electronic Funds Transfer Act of 1978 and Fair Credit Reporting Act of 1970. I chose both of these because they coincide with my current job. Electronic Funds Act of 1978
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b.) Physical constraints – these occur when there are confined spaces in which the work must be performed. c.) Resource constraints – these occur because of an absence or shortage of resources‚ either in quantity or resource type needed. 3. What are the four types of resource constraints? Please list them and provide an example of each. Page 255 People – Human resources are usually classified by the skills they bring to the project—for example‚ programmer‚ mechanical engineer‚ welder
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bonds for 2013. (f) Prepare the journal entry(ies) related to the available-for-sale bonds for 2015. P17-3. (Available-for-Sale Investments) 2 3 Cardinal Paz Corp. carries an account in its general ledger called Investments‚ which contained debits for investment purchases‚ and no credits‚ with the following descriptions. Feb. 1‚ 2014 Sharapova Company common stock‚ $100 par‚ 200 shares $ 37‚400 April 1 U.S. government bonds‚ 11%‚ due April 1‚ 2024‚ interest payable April 1 and October
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Beverly Clarkson March 7‚ 2014 FIN/200 Week 3 Checkpoint Financial Forecasting Checkpoint Financial forecasting is one of the most important developing series of projecting a financial statement. With a projection statement‚ a firm can estimate the inventory to the account receivable
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