The total gains from trade are 66 dishes of pasta and 66 pizzas an hour.
Explanation:
A calculation of the net income from trade is the amount of the surplus of the customer and the earnings of the manufacturer or, more generally, the enhanced efficiency of the specialization of production with the subsequent export.
Trade gains can also apply to the net benefits of reducing barriers to trade, such as import tariffs, for a region.
To measure the income, take the price at which you sell the investment and deduct from it the price you originally charged for it. Now that you've got the income, split the income by the original value of the investment. Finally, subtract the response by 100 to adjust the percentage of your investment.
Boulder Company reports current E&P of $500,000 this year and accumulated negative E&P at the beginning of the year of $200,000. Boulder distributed $400,000 to its sole shareholder on December 31 of this year. How much of the distribution is treated as a dividend this year?
Answer:
$400,000
Explanation:
Distribution for a particular year will be first drawn for the earning and profits for that year. Distributions will be treated as dividends if the earnings and profits in the current year are positive, regardless of whether the accumulated balance is negative.
Boulder had positive earnings and profits of $500,000. It has distributions of $400,000, which will be drawn from the earning from the current earnings. This distribution will be dividends because they can be satisfied with the current earnings.
When Frito-Lay introduced its Stax brand of potato chips. These chips were meant to compete directly against Pringles. The intent was to gain market share quickly. During the first few months they were on the market, Stax retailed for 69 cents. What type of pricing strategy is Frito-Lay likely using?
A. ​Bait pricing
B. ​Penetration pricing
C. ​Periodic discounting
D. ​Price-skimming
E. ​Captive pricing
Answer:
B, penetration pricing
Explanation:
Penetration pricing is a pricing strategy in which a manufacturer sets the price of its product low for a start so as to have a wide reach and acceptability in the market.
This pricing strategy is meant to make customers ditch their usual product for the new product, thereby having the new product attracting customers to itself.
Ultimately, penetration pricing increases market share of the new product manufacturer as it gains a lot of customers within the shortest possible time.
Penetration helps to discourage new product entrance into the market thus giving the product a large/high stock turnover throughout the product's distribution channel.
In the above question, Frito lay introduced its chips at a low price of 69cents for a period of time (first few months, say 3 or 4 months for example) in order to gain market share quickly.
Cheers
Michael corporation manufactures railroad cars, which is its only product. the standards for the railroad cars are as follows: standard tons of direct material (steel) per car 2 standard cost per ton of steel $ 16 during the month of march, the company produced 1 comma 500 cars. related production data for the month follows: actual materials purchased and used (tons) 6 comma 500 actual direct materials total cost $ 118 comma 000 what is the direct materials quantity variance for the month?
Answer:
$56,000 Adverse
Explanation:
direct materials quantity variance = Aq × Sp - Sq ×Sp
= (6,500×$16) - ((1,500×2)×$16)
= $104,000 - $48,000
= $56,000 Adverse
More materials were used during the month than was expected thus adverse.
The manufacturers of Miracle-Gro have square boxes of the plant food that serve as a flower-pot liner. The customer just puts the box inside the flower pot, fills it with potting soil, and then adds water. The Miracle-Gro chemical is activated by the water and begins feeding the plant. This would be an example of ____ packaging. a. secondary-use b. category-consistent c. innovative d. handling-improved
The manufacturers of Miracle-Gro have square boxes of the plant food that serve as a flower-pot liner. The customer just puts the box inside the flower pot, fills it with potting soil, and then adds water. The Miracle-Gro chemical is activated by the water and begins feeding the plant.This would be an example of Innovative packaging
Explanation:
Innovative Packaging is also called creative packaging include innovative designs and solutions that makes the product stand out of the rest of the similar products in competition by increasing the success rate of the product.An innovative packaging provides a cost effective solutions.
The manufacturers of Miracle-Gro have square boxes of the plant food that serve as a flower-pot liner. The customer just puts the box inside the flower pot, fills it with potting soil, and then adds water. The Miracle-Gro chemical is activated by the water and begins feeding the plant.This would be an example of Innovative packaging
Assume that Jack, Hal, and Sophia enter into a valid contract for the sale of the restaurant and for the covenant not to compete for five years. After three years, Jack starts selling frozen foods in violation of the covenant not to compete. Hal and Sophia sue, and the judge feels that the time restraint in the covenant not to compete was unreasonably long. Which of the following would likely be an appropriate remedy?
A. Quasi contract.
B. Rescission and restitution.
C. Reformation.
D. Specific performance.
Answer: C. Reformation
Explanation: A non-compete agreement or clause is a legal binding entered into by two or more parties which restricts the parties from being in competition with the other usually through the sale of similar product. However, in the context above, since the non-compete clause has been breached by Jack, and the judge feels the time constraint in the clause was unreasonably long, The reformation process will be best to remediate the situation, which refers to the change or alteration of the terms of an existing document using the judicial process and requires the conformation of the parties involved.
George Wilson purchased Bright Light Industries common stock for $47.50 on January 31, 2016. The firm paid dividends of $1.10 during the last 12 months. George sold the stock today (January 30, 2017) for $54.00. What is George’s holding period return? 14.00% 11.00% 16.00% 19.00%
Answer:
16%
Explanation:
The holding period return is a measure of the aggregate returns from holding an investment over a period of time. Returns include an appreciation in the value of the investment plus other gains such as dividends. The formula for calculating the holding period is as follows.
Holding Period return = Income + (Vn- Vo)
Vo
Where
Income represents interests, dividends and other earning
Vn is the ending value of the investment
Vo is the beginning value of the investment
For George, Holding period return will be
HPR = 1.10 + ($54.0 - $47.50)
$47.50
HPR =$1.10 + $ 6.5
$47.5
HPR = $7.6/$47.5 x 100
HPR=0.16 x 100
HPR =16%
________ involves the automatic tagging of unusual events in financial transactions and is used to spot mistakes and fraudulent activities. Group of answer choices Exception reporting Human capital management Compliance reporting Electronic data interchange
Answer:
Exception reporting
Explanation:
Exception reporting is a technique that is employed to identify unusual events and to try and identify mistakes in a financial transaction. Exception reporting is a technique that is used mostly by the audit companies to examine any discrepancies in the financial and accounting transactions. Moreover, exception reporting is done to force management attention towards frauds and spot mistakes.
Exception reporting involves the automatic tagging of unusual events in financial transactions and is helpful in spotting mistakes and fraudulent activities. This method becomes particularly useful in the field of business, where accurate decision-making is necessary to prevent incidents like data breaches.
Explanation:The automatic tagging of unusual events in financial transactions is referred to as Exception reporting. This system is utilized to detect errors and fraudulent activities within financial transactions. For instance, a study by Bruno & Abrahão (2012) demonstrated the effects of the volume of operator decisions on the accuracy of those decisions in a banking information security center. The research showed that operators made more mistakes with increased decision-making demands, often false identifying as real security breaches.
As such, exception reporting can play an essential role in preventing such errors and promoting accurate decision-making. Studies like this exemplify the intersection of attention, perception, human-computer interactions, and teamwork, within a significantly consequential business context. Applying this knowledge can prevent massive data breaches akin to the one experienced by Target in the fall of 2013.
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Common resources tend to be overused because: individuals tend to ignore the cost to others of their use of the resource. common resources are nonrival and nonexcludable. the marginal cost of allowing one more unit of consumption is zero. the individual marginal cost is greater than the marginal social cost.
Answer: individuals tend to ignore the cost to others of their use of the resource.
Explanation:
Common resource are the resources which are freely available in the market. When there is no government intervention these common resources are overused. As these are in the cost of the others. This is also a method of natural monopoly.
Some of the examples of the common resources can be fish in the ocean, trees, forest animals. Over usage of the common resources also result in negative externalities like the balance in eco system will be affected.
True / False:
A successful results-orientated wellness program will not need to allocate employees who are paid to promote wellness (i.e., as part of their job responsibilities) as this type of program is easily implemented (select one word answer only please).
Answer:
False
Explanation:
A successful results-orientated wellness program will not need to allocate employees who are paid to promote wellness (i.e., as part of their job responsibilities) as this type of program is easily implemented (select one word answer only please) False
Tamarisk, Inc. lends Nash's Trading Post, LLC $52800 on April 1, accepting a four-month, 12% interest note. Tamarisk, Inc. prepares financial statements on April 30. What adjusting entry should be made before the financial statements can be prepared? Note Receivable 52800 Cash 52800 Interest Receivable 528 Interest Revenue 528 Cash 528 Interest Revenue 528 Interest Receivable 1584 Interest Revenue 1584
The adjusting entry that will be passed in the books of accounts in the Tamarisk inc will be Notes receivable 52800, cash 52800.
Explanation:
In the given question, Tamarisk, Inc., has lent an amount of $52800 to Nash’s trading Post, LLC. The interest revenue is to be recognized at the preparation of the financial statements and at the year end when such interest is to be recognized as and when it becomes due. Thus, before the year ending, the adjusting entry that will be passed will be of notes received of such amount and the cash that has been given.
Luke is frustrated as he is often criticized by his employer for not meeting deadlines. He decides to take revenge on his employer for criticizing him in front of all his peers. Luke floods his organization's server with multiple requests so that the server can no longer handle genuine requests. This impacts the productivity of the organization. This act of sabotage is called ________.
A. a denial of service attackB. Wi-fi piggybackingC. war drivingD. a brick breaking attack
Answer: A. Denial of service attack
Explanation: Denial of service attack (DOS) is define as an attack that occurs when multiple systems flood a bandwidth of a targeted system, done by one or more severs . example is when a botnet is flooding a targeted system with traffic.
In this case Luke floods his organization servers with multiple request so that the server can no longer take genuine request.
A company desires to sell a sufficient quantity of products to earn a profit of $280000. If the unit sales price is $16, unit variable cost is $12, and total fixed costs are $800000, how many units must be sold to earn net income of $280000?
Answer:
$270,000
Explanation:
Data provided
Quantity of products = $280,000
Total fixed costs = $800,000
Unit sales price = $16
Variable cost = $12
The computation of units must be sold is shown below:-
Contribution per unit = $16 - $12
= $4 per unit
Units must be sold = (Quantity of products + Total fixed costs) ÷ Contribution per unit
= ($280,000 + $800,000) ÷ $4
= $1,080,000 ÷ $4
= $270,000
Meatpackers, Inc., enters into a contract with Nevada Ranch for the delivery of a certain number of beef cattle on a set schedule. The ranch delays the first delivery for five days, aware that Meatpackers loses a certain percentage of profit each day. An award to Meatpackers of consequential damages would
Answer:
Provide the buyer with funds for a foreseeable loss beyond the contract
Explanation:
Consequential damages in contracts is different from incidental or actual damages because it causes a loss that impacts the business of the other party beyond the contract horizon, when the opposite party fails to fulfill his side of the contractual obligations.
In the scenario, Nevada's failure to deliver within agreed contractual timing is not just delaying the time of Meatpackers but as a consequence, is also causing them loss in money terms which will impact their business beyond the contract horizon.
Hence an award of consequential damages to Meatpackers will provide the buyer with funds for a foreseeable loss beyond the contract.
Question Options:
a. establish, as a matter of principle, that the seller acted wrongfully.
b. punish the seller and deter others from similar acts.
c. provide the buyer with funds for a foreseeable loss beyond the contract.
d. provide the buyer with funds for its loss of the bargain.
Answer: An award to Meatpackers of consequential damages would provide Meatpackerswith funds for a foreseeable loss beyond the contract.
Meatpackers loses a certain percentage of profit each day as a result of the delay. The ideal thing to do is provide Meatpackers with an award for consequential damages which in turn would provide Meatpackerswith funds for a foreseeable loss beyond the contract.
Constructive conflict: Group of answer choices should never be used as a conflict management strategy. should be encouraged for better decision making and performance. is one of the most common outcomes of conflict. is the only conflict management style that has high assertiveness and low cooperativeness. is the main source of conflict in organizations.
Answer:
Constructive conflict should be encouraged for better decision making and performance
Explanation:
Constructive conflict is a positive form of conflict in an organization. It arises when people have different ideas, values and opinions and come together to find the best solution. It is encouraged among teamwork because it allows to find the most creative solutions to problems as everyone corporates and shares different thoughts and views. Participants talk openly and respect other people’s views and opinions. They are also willing to let go of their own ego and agree to someone else’s solution if they are persuaded that it is a better solution than their own. Mediators and facilitators are sometimes used to ensure that a conflict remains constructive as opposed to destructive.
Final answer:
Constructive conflict should be encouraged as it leads to better decision-making and performance, leveraging a balance of assertiveness and cooperativeness. It fosters a collaborative environment, promotes organizational health, and supports productive collaboration. Proper management of constructive conflict can be a vital tool for growth.
Explanation:
The question asks whether constructive conflict should be considered as a conflict management strategy and its characteristics. Constructive conflict should be encouraged for better decision making and performance. This type of conflict, grounded in differences of opinion or approach, can lead to innovative solutions and enhance group dynamics, contrary to being a source of discord.
Conflict resolution strategies balance assertiveness and cooperativeness, with the ideal strategy promoting both parties' interests. Contrary to the belief that constructive conflict is associated only with high assertiveness and low cooperativeness, it actually embraces a balanced approach, fostering a collaborative and respectful environment. The ability to manage conflict constructively is crucial for maintaining the health of organizational relationships and ensuring productive collaboration.
Emphasizing collaborative goals and structured tasks can prevent conflicts from escalating. Dialogue and sharing information among partners can eliminate misunderstandings, leading to a more effective conflict resolution process. In summary, constructive conflict, when managed properly, can be a valuable tool for organizational growth and problem-solving.
Gains in income and wealth translate into an increased likelihood of having good health, showing a clear link between health and socioeconomic status. What evidence has been found that demonstrates how these factors work in different ways across racial and ethnic lines?
The philosophy of producing a high-quality product or service and achieving quality in every aspect of the business and its relationship with the customer, with a focus on continuous improvement in the quality delivered to customers is ________.
Answer:
Total Quality Management (TQM)
Explanation:
The philosophy of producing a high-quality product or service and achieving quality in every aspect of the business and its relationship with the customer, with a focus on continuous improvement in the quality delivered to customers is Total Quality Management (TQM)
Total Quality Management (TQM): It is a continous process of detecting and reducing error from the process of producing goods and services. This help in maintaining quality of the product by improving process and training worker for better performance. It also help in improving customer´s experience.
There are several tools used in total quality management (TQM):
Continuous improvement.Six Sigma.Employee empowerment.Benchmarking.Just-in-time.Taguchi concept.Knowledge of TQM tools.The three main goals of the World Trade Organization (WTO) are to help the free flow of trade, help negotiate the further opening of markets, and ________. Question 1 options: A) accelerate technological innovation B) fund small traders in developing nations C) settle trade disputes between its members D) measure the extent of globalization across the world
Answer:
The answer is C
Explanation:
Michael worked for a textile manufacturer during the first half of the 20th century. When the supply of his company's textiles exceeded customer demand, he realized that he would have to invest more money in advertising his products and go directly to his customers to convince them to purchase his products. Based on this scenario, Michael has most likely adopted the ________ orientation.
Answer:
sales
Explanation:
Based on the scenario being described within the question it can be said that Michael has most likely adopted the sales orientation. This term refers to a business approach that focuses on mainly persuading individual customers to purchase the company's product as opposed to understanding the customer's needs or marketing to a larger audience.
Charlie Chairs Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost categories, direct materials and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production. The company uses Weieghted Average Method.
Data for Department A for February 2015 are:
WIP, beginning inventory, 40% completed 200 units
Units started during February 800 units
WIP, ending inventory, 50% completed 100 units
Costs for Department A for Feburary 2015 are:
WIP, beginning inventory:
Direct Materials $150,000
Conversion Costs 200,000
Direct Materials costs added during February 600,000
Conversion costs added during February 425,000
What is the unit cost per equivalent unit of direct materials in Department A?
Answer: $3,250
Explanation:
DATA FOR DEPARTMENT A for February 2015 are:
WIP, beginning inventory, 40% completed 200 units
Units started during February 800 units
WIP, ending inventory, 50% completed 100 units
COST FOR DEPARTMENT A for Feburary 2015 are:
WIP, beginning inventory:
Direct Materials $150,000
Conversion Costs 200,000
Direct Materials costs added during February 600,000
Conversion costs added during February 425,000
THE UNIT COST PER EQUIVALENT UNIT of beginning inventory in Department A is:
---------------------------------mat----conv--------total
No of physical unit-----200 - - 200
% completed - - - - - - -100% - -40%
Equivalent unit Beg.
Inventory - - - - - - - - - 200------ 80
Total cost of Beg.
Inventory - - - - - -150,000--- 200,000
Cost per equivalent
Unit - - - - - - - - - - - $750 - - - - $2500 - - $3,250
The unit cost per equivalent unit of direct materials in Department A using the Weighted Average Method is $833.33, calculated by dividing the total direct materials cost of $750,000 by 900 equivalent units.
The unit cost per equivalent unit of direct materials in Department A, we need to use the Weighted Average Method. First, we combine both the costs of beginning work-in-process (WIP) and the costs added during the month for direct materials. This gives us a total cost of direct materials which is $150,000 (beginning inventory) + $600,000 (added during February) = $750,000. This total cost is then divided by the equivalent units of production.
Since direct materials are added at the beginning of production, all units, whether they are in beginning WIP, units started and completed during February, or in ending WIP, are considered 100% complete with respect to direct materials. So, the equivalent units for direct materials are the total units accounted for, which is the sum of units started during February and WIP beginning inventory, minus the units in ending WIP since they're already accounted for in the units started. This gives us 800 units started + 200 units from beginning inventory - 100 units in ending inventory = 900 equivalent units.
Now, we take the total cost of direct materials ($750,000) and divide it by the equivalent units (900 units) to get the unit cost per equivalent unit of direct materials: $750,000 / 900 units = $833.33 (rounded to two decimal places).
Mona is induced by her guardian Newt to sign a contract to invest her student loan funds in OptiBank through Newt's investment firm. Unknown to Mona, Newt realizes a commission from the investment. Most likely, Mona may rescind the contract on the basis of:
A. ​undue influence.
B. ​fraud.
C. ​mistake.
D. ​duress.
Answer:
A. Undue influence
Explanation:
Undue influence in law of contract is when a person uses his or her position of power to take advantage over another person. It is an act of influencing the other party in a contractual relationship. There must be a relationship between both parties before undue influence can take place.
In law of contract, if a person is a victim of undue influence, the person has the right to rescind the contract provided same can be proven in a court of law.
Example of undue influence is when a person is not given parts of properties due to him or her in a family's will, whereas he or she is entitled to it.
Alt Partnership, a cash-basis, calendar-year entity, began business on October 1, 2019. Alt incurred and paid the following in 2019: Legal fees to prepare the partnership agreement $12,000 Accounting fees to prepare the representations in offering materials 15,000 Alt elected to amortize costs. What was the maximum amount (ignoring any immediate expensing allowed) that Alt may deduct on the 2019 partnership return?
Answer: B
Explanation :Choice "b" is correct. Eligible expenditures up to $5,000 can be deducted in the first year (with overall limitations). Additional expenditures are amortized over 180 months beginning with the date they begin business. Legal fees to prepare the partnership agreement ($23,000) are eligible for this treatment, but sales and promotional expenses ($15,000) are not deductible or amortizable.
The first year deduction is calculated as follows:
23,000
(5,000) immediate deduction
18,000 / 180 months = $100 per month x 3 = 300 + 5,000 = $5,300
Final answer:
The maximum deduction for Alt Partnership in 2019 is $5,366.67, which includes the $5,000 initial deduction and the $366.67 amortization of organizational expenses for the three months in 2019.
Explanation:
The question relates to the deduction of organizational expenses for a partnership in its tax return. Since Alt Partnership is a cash-basis entity, it can only deduct expenses actually paid within the tax year. According to the IRS guidelines, organizational costs can be deducted up to a $5,000 limit in the first year, with any excess over this limit being amortized over 180 months (15 years). However, the $5,000 threshold is reduced by the amount that the total costs exceed $50,000. In this case, the total organizational expenses paid by Alt Partnership in 2019 amount to $27,000 ($12,000 in legal fees plus $15,000 in accounting fees).
As the total expenses do not exceed $50,000, Alt Partnership can deduct the full $5,000 in 2019. The remaining $22,000 ($27,000 - $5,000) can be amortized starting in October 2019. Since the partnership started business in October, only one quarter of the annual amortization can be deducted in 2019. To calculate the amortization expense, we divide the remaining amount by 15 years and then by 4 to represent the three months of 2019 that the partnership was in business.
Thus, the annual amortization expense is $22,000 / 15 = $1,466.67. The deduction for the three months of 2019 is $1,466.67 / 4 = $366.67. Consequently, the maximum deductible amount on Alt Partnership's 2019 tax return, ignoring any immediate expensing allowed, would be the initial $5,000 deduction plus the amortization for 2019, totaling $5,366.67.
Grant argues that resources in efficient financial markets are equally available to all participants, but in industrial markets resources are "specialized, immobile, and long-lasting." What opportunity does he suggest that this disparity provides in industrial markets, but denies to financial markets?
Answer:
The opportunity was purchasing shares to specific customers.
Answer:
An opportunity for sustainable competitive advantage
Explanation:
Sustainable competitive advantage refers to the uniqueness that a business has that makes it stand out among its peers.
Among the key things that creates sustainable competitive advantage are strategic assets,distinct brands,low-cost advantage.
A company that has discovered a rear vaccine for a major disease may go ahead to patent it such that for a number of years a competitor is prevented from producing its kind.
Some companies' powerful brands gives them a strong edge when compared to other businesses because consumers naturally have a loyalty for such powerful brands.
Low cost advantage means the ability to produce at very low cost per unit which then translates to selling at a lower than competitor's price and gaining a larger market share
Paul is the insured and policyowner. Paul named Danny and Kayla as co-primary beneficiaries of Paul's $100,000 policy. Danny is to receive 70% and Kayla is to receive 30%, therefore Danny gets $________ and Kayla gets $______ when Paul dies.
Answer:
C. $70,000/$30,000
Explanation:
Given that
Danny is to receive 70%
Kayle is to receive 30 %
Total amount of Paul Money to be share = 100000.
Therefore,
Amount to be received by Danny
= 100,000 × 70%
= 100,000 × 0.7
= $70,000
Amount to be received by Kayla
= 100,000 × 30%
= 100,000 × 0.3
= $30,000
In situations where there is more than one beneficiary listed by the benefactor, the percentage each gets when the benefactor dies is specified and thus money recieved by each beneficiary is based on that pre agreed percentage.
Answer:
Danny gets $70,000
Kayla gets $30,000
Explanation:
Total amount to be shared between Danny and Kayla = $100,000
Danny receives 70%
Let us calculate 70% of $100,000 to get the amount that Danny receives;
Danny's share = 70/100 × 100,000 = $70,000
Therefore Danny receives $70,000.
Kayla receives 30%
Kayla's share = 30/100 × 100,000 = $30,000
Kayla's amount = $30,000
alternatively, Kayla's share can be calculated by subtracting Danny's share from the total amount;
100,000 - 70,000 = $30,000
What are three economic reasons for corporate acquisitions and mergers?
Answer:The three main types of merger are horizontal mergers which increase market share, vertical mergers which exploit existing synergies and concentric mergers which expand the product offering.
Explanation:
Answer:
Insolvency – One reason a company might acquire another company is to gain its assets at a bargain price. If the acquiring company is not doing well, it is likely looking for a buyer to save them. This means that the acquiring company will be sold at a lower-than-market price.
To “go public” – Becoming the target of an acquisition is an alternative to issuing an Initial Public Offering (IPO). Instead of going through the expense and paperwork of going public, a larger company may buy the smaller company, paying the owners a large amount of money for its assets, business processes, and customers. This is a less complex way for entrepreneurs to cash in on the business they founded.
To combine assets – Many times, two businesses might discuss merging because each has an asset or business process that the other wants. This could be a lucrative customer list, a proprietary technology, or an excellent distribution system. In this case, the two companies issue an agreed-upon number of new stocks to shareholders with the new company’s name. The new stock would ideally have a higher market value than the original stock.
Explanation: plato
Which of the following explains why a recipe is considered an algorithm?
A recipe gives different steps each time it is executed.
The person who uses the recipe will have less time to do other activities.
The dish created by a recipe is the same each time it is followed properly.
A recipe gives more complex tasks in each step.
Answer:
the dish created by a recipe is the same each time it is followed properly
Explanation:
The correct option here is option C : The dish created by a recipe is the same each time it is followed properly.
Why are other options wrong?A recipe gives different steps each time it is executed.All recipes have specific calculations done for each ingredients and cooking them in a specific way to ensure that the food is made to perfection.The above comparison done is called a simile.A figure of speech involving the comparison of one thing with
another thing of a different kind, used to make a description more emphatic or vividly.
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The short-run tradeoff between inflation and unemployment implies that, in the short run, a. a decrease in the growth rate of the quantity of money will be accompanied by an increase in the unemployment rate. b. an increase in the growth rate of the quantity of money will be accompanied by an increase in the unemployment rate. c. policymakers are able to reduce the inflation rate and, at the same time, reduce the unemployment rate. d. policymakers can influence the inflation rate, but not the unemployment rate.
Answer:
a decrease in the growth rate in the quantity of money will be accompanied by an increase in the unemployment rate
Explanation:
The short-run tradeoff between inflation and unemployment implies that, in the short run,
a. a decrease in the growth rate of the quantity of money will be accompanied by an increase in the unemployment rate. b. an increase in the growth rate of the quantity of money will be accompanied by an increase in the unemployment rate. c. policymakers are able to reduce the inflation rate and, at the same time, reduce the unemployment rate. d. policymakers can influence the inflation rate, but not the unemployment rate.
Answer:
A) A decrease in the growth rate of the quantity of money will be accompanied by an increase in the unemployment rate.
Explanation:
The rate of unemployment and inflation is inversely related. This means when there is an increase in one, the other one automatically decreases. That is, when there is a decrease in unemployment, there is an increase in inflation. And when there is an increase in unemployment, there is a decrease in inflation. The rate of unemployment and the rate of inflation found in the Phillips e usually coincide with the GDP and price level of aggregate demand
_________ involves reviewing the project charter, requirements documents, and organizational process assets to create a scope statement, adding more information as requirements are developed and change requests are approved.
a. Creating scopeb. Defining scopec. Controlling scoped. Validating scope
Answer:
The correct answer is B
Explanation:
Defining the scope means all the work which is required to be completed in order to accomplish the objectives or goals of the project. In short, it comprise of the procedure of documenting, reviewing and the identifying the particular goals of the project, tasks, timeline dates, outcomes and costs to the objective of the project.
Therefore, the defining scope comprise of the process of organizational, reviewing the project charter and documents in order to establish the scope statement adding information as the requirements are developed.
A firm has the following forecast information for sales of Product X: April 15,000 units May 17,000 units June 19,000 units July 18,000 units Product X sells for $3 per unit. Half of the firm's sales are for cash and the other half is on account. Credit sales are collected in the following pattern: 60% in the month of sale, 30% in the month following sale, and 5% in the second month following sale (the remainder are uncollectible). If the firm targets its ending inventories to be 25% of the following month's sales, what are the budgeted purchases (in units) for June
Answer:
18,750 units
Explanation:
A firm has the following forecast information for sales of Product X:
April 15,000 units
May 17,000 units
June 19,000 units
July 18,000 units Product X sells for $3 per unit.
Half of the firm's sales are for cash and the other half is on account.
Credit sales are collected in the following pattern: 60% in the month of sale, 30% in the month following sale, and 5% in the second month following sale (the remainder are uncollectible).
If the firm targets its ending inventories to be 25% of the following month's sales, what are the budgeted purchases (in units) for June .
Purchases Budget = Required production for sales - opening inventory of raw materials + closing inventory of raw materials = Raw materials required
June's Production Budget
Required production for sales = .............................................19,000 units
less: Beginning inventory (25% of June's sales) =............... 4,750 units
Add: Required Ending Inventory (25% of July's sales) = ...4,500 units
Raw materials required for purchase in June =.................. 18,750 units
Answer:
18,750 units
Explanation:
the firm estimates in monthly ending inventories at 25% of next month's sales:
ending inventory May = 19,000 x 25% = 4,750 units
units sold during June = 19,000 units
ending inventory June = 18,000 x 25% = 4,500 units
total purchases for June = 19,000 + 4,500 - 4,750 = 18,750 units
Sales forecast:
month units sold price p/ unit total sales cash credit
April 15,000 $3 $45,000 $22,500 $13,500
May 17,000 $3 $51,000 $25,500 $22,050
June 19,000 $3 $57,000 $28,500 $25,875
July 18,000 $3 $54,000 $27,000 $26,025
Considering the entire organization's operational efficiency is critical in coordinating international business activities, so global companies need to change their _____ strategies in an effort to respond to the global market.
Answer:
Product and marketing
Explanation:
One of the most critical aspects of competing in the domestic and international market is the way a company works. The operational efficiency is a factor that helps companies to take a competitive advantage over other competitors. Likewise, to achieve operational efficiency, companies must change and improve their product and marketing strategies. Product and marketing strategies can help to achieve product and operational efficiency.
Assume that securitization combined with borrowing and irrational exuberance in Hyperville have driven up the value of existing financial securities at a geometric rate, specifically from $4 to $8 to $16 to $32 to $64 to $128 over a six-year time period. Over the same period, the value of the assets underlying the securities rose at an arithmetic rate from $4 to $6 to $8 to $10 to $12 to $14. Instructions: Enter your answer as a whole number. If these patterns hold for decreases as well as for increases, by how much would the value of the financial securities decline if the value of the underlying asset suddenly and unexpectedly fell by $6
Final answer:
A $6 decrease in the underlying asset value would result in a $112 decline in the value of the financial securities.
Explanation:
If the value of the underlying assets in Hyperville fell by $6, dropping from $14 to $8, we need to determine how much the geometrically increased value of the financial securities would decline. These financial securities increased in value at a geometric rate, doubling each year, while the underlying assets increased at an arithmetic rate, going up by $2 each year.
Given the pattern of geometric growth, we would see the value of the securities divide in half for each $2 decrease in the underlying assets. So, a $6 decline in asset value would cause the securities to drop in value from $128 to $64 and then from $64 to $32 and finally from $32 to $16. Hence, the value of the securities would reduce by $112, from $128 to $16.