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Home Question Bank Economics Archive 2024 November 04

Economics Questions from Nov 04,2024

Browse the Economics Q&A Archive for Nov 04,2024, featuring a collection of homework questions and answers from this day. Find detailed solutions to enhance your understanding.

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For your Final Paper, assume the following scenario: You are the manager of Acme Fireworks, a fireworks retailer who sells fireworks, and produces fireworks displays with ground display fireworks and large aerial display fireworks. The company started in the owner's garage 2 years ago and now has 15 employees who you manage. The company started as a sole proprietorship, and the owner has never changed the entity. The owner has informed you that the company has received inquiries from several large businesses wondering if the company could create several fireworks displays on a regular basis. The owner told the inquirers that the company could fill such display orders, and a price per display was agreed upon. It was discussed that most of the cost for a fireworks display is for skilled labor, insurance, and the actual service of setting off the fireworks. No other details were discussed. The owner is anticipating that new employees will need to be hired, but he is worried that if the large orders for fireworks displays do not continue, the company will not have the funds to pay the new employees. The owner is now considering changing the business entity, but he does not know what entity to form or how to form it. Explain the potential personal liability to Acme Fireworks if a spectator is injured by a stray firework from a fireworks display by creating an outline with a two- to three-sentence description My Office Appointme Mail - Erick Alejandro LTI Launch Quiz 3 (4CD) M ChatGPT Ask Tutors: Al \& Real mylab.pearson.com/Student/PlayerTest.aspx?caliper_profile_url=https\%3a\%2f\%2fbb.alvincollege.edu\%2flearn\%2fapi\%2fv1\%2ftelemetry\%2fcaliper\%2fprofile\%... Apps More Menu Stuff Home - Netflix Consider a home mortgage of \( \$ 125,000 \) at a fixed APR of \( 4.5 \% \) for 15 years. a. Calculate the monthly payment. b. Determine the total amount paid over the term of the loan. c. Of the total amount paid, what percentage is paid toward the principal and what percentage is paid for interest. a. The monthly payment is \( \$ \) \( \square \) . (Do not round until the final answer. Then round to the nearest cent as needed.) b. The total amount paid over the term of the loan is \( \$ \) \( \square \) (Round to the nearest cent as needed.) c. Of the total amount paid, \( \square \) \% is paid toward the principal, and \( \square \) \% is paid for interest. (Round to one decimal place as needed.) \( 80^{\circ} \mathrm{F} \) Partly cloudy Search ENG 5:55 PM 11/4/2024 For your Final Paper, assume the following scenario: You are the manager of Acme Fireworks, a fireworks retailer who sells fireworks, and produces fireworks displays with ground display fireworks and large aerial display fireworks. The company started in the owner's garage 2 years ago and now has 15 employees who you manage. The company started as a sole proprietorship, and the owner has never changed the entity. The owner has informed you that the company has received inquiries from several large businesses wondering if the company could create several fireworks displays on a regular basis. The owner told the inquirers that the company could fill such display orders, and a price per display was agreed upon. It was discussed that most of the cost for a fireworks display is for skilled labor, insurance, and the actual service of setting off the fireworks. No other details were discussed. The owner is anticipating, that new employees will need to be hired, but he is worried that if the large orders for fireworks displays do not continue, the company will not have the funds to pay the new employees. The owner is now considering changing the business entity, but he does not know what entity to form or how to form it. Analyze whether the owner formed a contract with the businesses. Apply the five essential elements of an enforceable contract by creating an outline with a two- to three-sentence description I Find the savings plan balance after 18 months with an APR of 3​% and monthly payments of ​$200. Question content area bottom Part 1 The balance is ​$    enter your response here. ​(Do not round until the final answer. Then round to the nearest cent as​ needed.) O proprietário de uma loja aplicou três acréscimos sucessivos, de \( 2 \%, 6 \% \) e \( 8 \% \), respectivamente, sobre o preço dos produtos importados em virtude da escassez de mercadoria e da instabilidade na taxa de câmbio. a) Qual é o preço atual de um produto que, antes dos acréscimos, custava R \( \$ 350,00 \) nessa loja? De quantos reais foi o aumento? Campbell Concrete Company pours concrete slabs for single-family dwellings, Lancing Construction Company, which operates outside Campbell's normal sales territory, asks Campbell to pour 54 slabs for Lancing's new development of homes. Campbell has the capacity to build 420 slabs and is presently working on 240 of them. Lancing is willing to pay only \( \$ 2,630 \) per slab. Campbell estimates the cost of a typical job to include unit-level materials, \( \$ 910 \); unit-level labor, \( \$ 560 \); and an allocated portion of facility-level overhead, \( \$ 1,230 \). Required Calculate the contribution to profit from the special order. Should Campbell accept or reject the special order to pour 54 slabs for \( \$ 2,630 \) each? Z1) Find the required annual interest rate to the nearest tenth of a percent for \( \$ 1200 \) to grow to \( \$ 1900 \) if interest is compounded quarterly for 6 yr. The required annual interest rate is \( \square \% \). (Round to the nearest tenth as needed.) For your Final Paper, assume the following scenario: You are the manager of Acme Fireworks, a fireworks retailer who sells fireworks, and produces fireworks displays with ground display fireworks and large aerial display fireworks. The company started in the owner's garage 2 years ago and now has 15 employees who you manage. The company started as a sole proprietorship, and the owner has never changed the entity. The owner has informed you that the company has received inquiries from several large businesses wondering if the company could create several fireworks displays on a regular basis. The owner told the inquirers that the company could fill such display orders, and a price per display was agreed upon. It was discussed that most of the cost for a fireworks display is for skilled labor, insurance, and the actual service of setting off the fireworks. No other details were discussed. The owner is anticipating that new employees will need to be hired, but he is worried that if the large orders for fireworks displays do not continue, the company will not have the funds to pay the new employees. The owner is now considering changing the business entity, but he does not know what entity to form or how to form it. Analyze if the contracts with the businesses will be governed by common law or the Uniform Commercial Code (UCC). Explain why by creating an outline with a two- to three-sentence description - Find the present value that will grow to \( \$ 23,000 \) if interest is \( 9 \% \) compounded quarterly for 15 quarter The present value is \( \$ \). (Round to the nearest cent as needed.) Find the future value and interest earned if \( \$ 8806.54 \) is invested for 7 years at \( 5 \% \) compounded (a) semiannually and (b) continuously. (a) The future value when interest is compounded semiannually is approximately \( \$ \square \). (Type an integer or decimal rounded to the nearest hundredth as needed.) The interest earned is approximately \( \$ \square \). (Type an integer or decimal rounded to the nearest hundredth as needed.) (b) The future value when interest is compounded continuously is approximately \( \$ \square \). (Type an integer or decimal rounded to the nearest hundredth as needed.) The interest earned is approximately \( \$ \square \). (Type an integer or decimal rounded to the nearest hundredth as needed.)
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