Answer: A consequence of their failure is that, relative to the outcome the vendors would like,
(i) the quantity of hot dogs supplied is closer to the socially optimal level.
(ii) the price of hot dogs is closer to marginal cost.
In this case the hot vendor are relatively creating externalities. i.e. Hot dog vendors on the beach fail to cooperate with one another on the quantity of hot dogs they should sell to earn monopoly profits.
Channels of distribution: Select one: a. that include intermediaries result in higher distribution costs than channels without intermediaries. b. should be designed to increase discrepancies of quantity between producers and consumers. c. usually do not involve conflicts as long as each channel member has profit as a goal. d. usually require longer-term planning than other market mix elements because channel decisions are more difficult to change quickly. e. are always characterized by conflict among channel members.
Answer:
d. usually require longer-term planning than other market mix elements because channel decisions are more difficult to change quickly.
Explanation:
IF you decide to use your own truck to move your product, you can't go back from that after 2 weeks, you invest time picking which truck to buy, time hiring drivers, time chequing routes, now you can just go back and make a third party do it because, you are running a lot of costs.
The channel of distribution must be set as a long-term strategy that will yield benefit through time.
Which of the following best explain why the pain of losing $1,000 exceeds the pleasure of winning $1,000 for risk-averse people? Check all that apply. a. The more wealth that risk-averse people have, the more satisfaction they receive from an additional dollar. b. The more wealth that risk-averse people have, the less satisfaction they receive from an additional dollar. c. Risk-averse people are relatively poor and cannot afford to lose any money. d. Risk-averse people overestimate the probability of losing money.
Answer:
a,c,d
Explanation:
step by step solution
a, c and d best explain why the pain of losing $1,000 exceeds the pleasure of winning $1,000 for risk-averse people.
a. The more wealth that risk-averse people have, the more satisfaction they receive from an additional dollar.
c. Risk-averse people are relatively poor and cannot afford to lose any money.
d. Risk-averse people overestimate the probability of losing money.
What do you mean by risk averse people?A person who invests their money in a bank account with a low but guaranteed interest rate rather than buying stocks, which can fluctuate in price but have the potential to generate considerably larger returns, is an example of risk-averse behavior.
The Big Five personality qualities include extroversion, agreeableness, openness, conscientiousness, and neuroticism. On the plus side, according to Dr. Maier, persons who are risk-averse also tend to be more agreeable and more conscientious.
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Suppose a small economy has two income tax rates: 15% for all income up to $50,000 and 30% for any income earned above $50,000. Suppose that prior to the recession, the economy had five workers earning the following salaries: Amy: $20,000 Betty: $40,000 Charlie: $60,000 Dimitry: $80,000 Evelyn: $100,000 The total tax revenue paid by the five workers is _____, and it represents _____ percent of total income. a. $180,000; 18% b. $48,000; 25% c. $98,000; 32.3% d. $58,500; 19.5%
Answer: (a) 58500 and (b) 19.5%
Explanation:
Five workers salaries are as follows:
Amy: $20,000
Betty: $40,000
Charlie: $60,000
Dimitry: $80,000
Evelyn: $100,000
As given in the question that there are different tax slabs for different income level.
slab 1 - 15% for all income up to $50,000
slab 2 - 30% for any income earned above $50,000
Hence,
Tax paid by Amy = 20000 × 15% = $3000
Tax paid by Betty = 40000 × 15% = $6000
Tax paid by charlie = 50000 × 15% + 10000 × 30% = $10500
Tax paid by Dimitry = 50000 × 15% + 30000 × 30% = $16500
Tax paid by Evelyn = 50000 × 15% + 50000 × 30%= $22500
∴ Total tax revenue paid by the five workers = 3000+6000+10500+16500+22500
= 58,500
Tax revenue as percent of total income = [tex]\frac{Total\ tax\ revenue}{Total\ income} \times100[/tex]
= [tex]\frac{58500}{300000} \times100[/tex]
= 19.5%
The total tax revenue paid by the five workers is $58,500, representing 19.5% of total income.
Explanation:To calculate the total tax revenue paid by the five workers, we need to determine the amount of income subject to each tax rate and then calculate the tax owed for each worker.
Amy earns $20,000, which is below the $50,000 threshold. Therefore, her income is subject to the 15% tax rate. She owes $20,000 * 0.15 = $3,000 in taxes.Betty earns $40,000, which is also below the $50,000 threshold. Therefore, her income is subject to the 15% tax rate. She owes $40,000 * 0.15 = $6,000 in taxes.Charlie earns $60,000, which is above the $50,000 threshold. The first $50,000 of his income is subject to the 15% tax rate, so he owes $50,000 * 0.15 = $7,500. The remaining $10,000 of his income is subject to the 30% tax rate, so he owes $10,000 * 0.30 = $3,000. In total, Charlie owes $7,500 + $3,000 = $10,500 in taxes.Dimitry earns $80,000, which is above the $50,000 threshold. He owes $50,000 * 0.15 = $7,500 for the first portion of his income and $30,000 * 0.30 = $9,000 for the remaining portion of his income. In total, Dimitry owes $7,500 + $9,000 = $16,500 in taxes.Evelyn earns $100,000, which is above the $50,000 threshold. She owes $50,000 * 0.15 = $7,500 for the first portion of her income and $50,000 * 0.30 = $15,000 for the remaining portion of her income. In total, Evelyn owes $7,500 + $15,000 = $22,500 in taxes.Therefore, the total tax revenue paid by the five workers is $3,000 + $6,000 + $10,500 + $16,500 + $22,500 = $58,500.
To determine the percentage of total income that the total tax revenue represents, we sum up the incomes of the five workers: $20,000 + $40,000 + $60,000 + $80,000 + $100,000 = $300,000.
The total tax revenue of $58,500 divided by the total income of $300,000 gives us a percentage of 19.5%.
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Kingston anticipates total sales for June and July of $420,000 and $398,000, respectively. Cash sales are normally 60% of total sales. Of the credit sales, 20% are collected in the same month as the sale, 70% are collected during the first month after the sale, and the remaining 10% are collected in the second month after the sale. Determine the amount of accounts receivable reported on the company’s budgeted balance sheet as of July 31.
Answer:
Accounts Receivable reported on the company’s budgeted balance sheet as of July 31 = $144,160
Explanation:
Credit sales = 40% of Total sales for the month.
Provided the accounts receivable shall be collected as follows:
20% in the same month
70% in next month
10% in the second next month
Now balance outstanding at the end of July of accounts receivable shall be:
Credit Sales for June = $420,000 X 40% = $168,000
Out of which 20% is collected in June itself.
70% in July and only 10% is outstanding = $168,000 X 10% = $16,800
From the sale of July we have
20% paid in the month itself
Remaining 80% is outstanding
Credit sales = $398,000 X 40% = $159,200
Outstanding at month end = $159,200 X 80% = $127,360
Net outstanding at 31 July = $16,800 + $127,360 = $144,160
The amount of accounts receivable reported on Kingston's budgeted balance sheet as of July 31 is calculated by considering the percentage of credit sales and time taken to pay. After calculation, Kingston anticipates reporting $177,760 in accounts receivable as of July 31.
Explanation:To determine the amount of accounts receivable reported on the company’s budgeted balance sheet as of July 31, we need to figure out the uncollected money from credit sales.
The total sales in June and July are $420,000 and $398,000, respectively. First, we find the credit sales which are 40% of the total. For June, it is $168,000 (40% of $420,000). For July, it is $159,200 (40% of $398,000).
Now, let's find the uncollected amounts:
For June's sales, 30% is still uncollected in July (10% to be collected in the second month after the sale). This is $50,400 ($168,000 * 30%). For July's sales, 80% remains uncollected at the end of July (70% for the first month after the sale and 10% for the second month). This is $127,360 ($159,200 * 80%).Adding these, we find that Kingston anticipates reporting $177,760 in accounts receivable as of July 31 ( $50,400 + $127,360 ).
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Economic stability is defined as the condition in which there is
Answer: gays
Explanation:
Technology Experts is a U.S. company that specializes in IT research. It has formed a joint venture with Processor Inc., a Canadian organization that has a reputation for producing quality PCs. The two companies will work together to market laptops in China, sharing the risks and rewards of starting the new enterprise together. Technology Experts and Processor Inc. are partners in a(n) ___________ .
Answer:
Technology Experts is a U.S. company that specializes in IT research. It has formed a joint venture with Processor Inc., a Canadian organization that has a reputation for producing quality PCs. The two companies will work together to market laptops in China, sharing the risks and rewards of starting the new enterprise together. Technology Experts and Processor Inc. are partners in a strategic alliance.
Explanation:
A strategic alliance is when two or more companies agree to work together in order to achieve common objectives.
A tire manufacturer produces 400 tires valued at $20 each. Three hundred tires are sold to a tire shop, which then sells them to households for $50 each. The remaining tires are unsold and are added to the tire manufacturer’s inventory. How much is added to GDP? a. $8,000 b. $15,000 c. $13,000 d. $17,000
Answer:
The amount of $15,000 will be added to the GDP.
Explanation:
GDP or gross domestic product can be described as the measure of all final goods and services produced in the geographical boundaries of a nation in a given period, often in a year.
Since, in the calculation of GDP only final goods and services are included,
So, the GDP will increase by total value of final goods produced
Total value of final goods
=Price*quantity of goods
=$50*300
= $15000
Janette goes into an electronics superstore to buy a new computer. The salesperson works with her to find the right model, and she agrees to buy a new computer for $500 and a floor-model 18-inch monitor for $100. Just when she is ready to pay, the salesperson walks away for a minute and then comes back to inform her that the monitor she was ready to purchase can’t be sold for less than $125. She agrees to the extra $25 even though they had initially agreed on the $100 selling price. Janette has fallen for the ________ technique of gaining compliance. a. low-balling b. door-in-the-face c. bait-and-switch d. foot-in-the-door
Suppose you must estimate the cost of equity for a firm, and you have the following data: rRF = 5.5%; rM – rRF = 6%; b = 0.8; D1 = $1.00; P0 = $25.00; g = 6%; and rd = the firm's bond yield = 6.5%. What is this firm's cost of equity using the bond-yield-+-risk-premium approach? Use a 4% judgmental risk premium in your calculation.
Answer:
rd+premium = 10.5%
using CAPM = 10.3%
Explanation:
Under bond-yield+ risk-premium approach
This method simply propose to add the bond yield with the estmated risk premium:
0.065 + 0.04 risk premium = 0.105
[tex]Ke= r_f + \beta (r_m-r_f)\\\\Where:\\r_f =$ risk free rate\\r_m= $ market rate\\\beta =non-diversifiable \:risk[/tex]
r_f = 0.055
β = 0.8
(r_m-r_f) = 0.06
0.055 + 0.8(0.06) = 0.103 cost of capital using CAPM
A desktop computer now sells for 15% less than it did last year. the current price is $425. what was the price of the computer last year?
Final answer:
The price of the computer last year was $500.
Explanation:
To find the price of the computer last year, we need to calculate the original price before the 15% reduction. Let's assume the original price is x. 15% less than the original price can be calculated by subtracting 15% of the original price from the original price. This can be expressed as:
x - 0.15x = $425
Simplifying the equation, we get:
0.85x = $425
Dividing both sides of the equation by 0.85:
x = $425 / 0.85
x = $500
Therefore, the price of the computer last year was $500.
José, the sales manager for a software development firm, is working on the problem of increasing sales by using the rational model of decision making. In the first step he identified the problem of his employees needing more training. In the second step he thought of alternative solutions; and in the third step he evaluated alternatives and selected a solution. José needs to _____ in the fourth and final step.
Answer:
Implement the selected alternatives
Explanation:
The decision making process is divided in 4 rational steps:
1. Identify the existing problem: know what is the difficulty that is being presented, it involves all what is being affected.
2. List possible solutions for the existing problem: here the person lookfl for all the possible ways to solve a problem and the different variables that are being affected.
3. evaluate and select the most beneficial alternative: in this step the person foresee the results of each alternative and choose the once that would work in the best way.
4. Implement the alternative that was selected: it implies the work of every person involved in the results, follow the plan and the improvement of the initial problem.
Sometimes it is added a 5th step, the feedback and evaluation of the implemented alternative to know if the problem was fully solved.
Hannah is an HR specialist at an investment firm, and she is responsible for conflict management. She believes that conflicts should be resolved in a way that is beneficial to all involved. Therefore, when a conflict arose between the heads of the finance department and the legal department over the shared use of an employee, she came up with a schedule that allowed both the departments to use the expertise of the employee without hindering each other's schedules. In the context of the various ethical decision-making approaches, Hannah's beliefs and actions are consistent with those asserted by the ___.
Answer:
Utilitarian approach
Explanation:
Erin is a volunteer for the Red Cross and must go door-to-door seeking donations. Her strategy is to ask whoever answers the door for a donation of $50 right off the bat. If they agree, then she follows up with a second request for a $200 donation. She has found that this works better than simply asking for a $200 right away. Which formula sales presentation format does this demonstrate?
A. Door-in-the-face
B. Ingratiation
C. Adaptive selling
D. Need satisfaction
E. Foot-in-the-door
Answer: Foot-in-the-door
Explanation:
A. Door-in-the-face is an approach under which the influencer first ask the respondent for a big request that he will probably decline then go to the small request that he actually wants to get fulfill.
B. The approach under which the influencer tries compliments and flattery on respondent to make him agree.
C. Adaptive selling is an approach in selling under which the salesman adapt his techniques as per the changing conditions.
D. Under need satisfaction the influencer first tries to understand the needs of the respondent and then prepare his pitch as per the observation.
E. Foot-in-the-door is an approach under which the influencer first make the respondent to agree to a small request following which he ask for the big one.
From the above we can conclude that Erin was using Foot-in-the-door.
The more elastic the supply and the demand curves are: A. the greater shortage an effective price ceiling will create. B. the smaller surplus an effective price ceiling will create. C. the greater surplus an effective price ceiling will create. D. the smaller shortage an effective price ceiling will create.
Answer:
A. the greater shortage an effective price ceiling will create.
Explanation:
Supply / demand price elasticity measures the sensitivity of supply / demand to changes in the price of the good. Thus, if supply / demand for the good is elastic, it is assumed that slight price changes will drastically affect supply / demand for the good. This means that price changes will cause supply / demand shortages for the good, so that a ceiling price will be set so that demand / supply for the good will be maintained.
A price ceiling is a legal maximum price set below the equilibrium price. The more elastic the supply and demand curves are, the greater the shortage an effective price ceiling will create.
Explanation:A price ceiling is a legal maximum price set below the equilibrium price. When a price ceiling is below the equilibrium price, it creates a shortage because the quantity demanded exceeds the quantity supplied. The more elastic the supply and demand curves are, the greater the shortage an effective price ceiling will create.
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Which is likely the most stressful of these jobs?
Warehouse Laborer
Auto Mechanic
Air traffic controller
Amusement park manager
Answer:
air traffic controller I believe
if its wrong i am sorry
Answer:
Air traffic controller
Explanation:
They have to make sure the plane lands at just the right speed and clear the runway and they have to be really good at what they do, otherwise, people could/will die or become injured from crashing. Airplane pilots also have to worry about some of these problems too.
What snack food was legally barred from calling its product chips?
Answer:
Pringles
Explanation:
Pringles is the snack food that was legally barred from calling its product chips.
They used to be called "Pringles Newfangled Potato Chips".
Many companies were concerned their product was being copied. Therefore, they had to change their name to just ''Pringles''.
Pretzels were barred from calling their product chips.
Explanation:The snack food that was legally barred from calling its product chips is Pretzels.
In 1970, the U.S. Food and Drug Administration (FDA) established a standard of identity for potato chips, which specified that a chip must be made from sliced, fried, and salted potatoes. Since pretzels are not made from potatoes, they cannot be legally called chips.
Therefore, although they may resemble chips in shape and texture, pretzels cannot be marketed as such and must be referred to by their proper name.
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PLEASE HELP WILL GIVE BRAINLIEST
Zelda’s day consists of checking her e-mail, holding meetings, and organizing and reviewing text. Which Arts, A/V Technology, and Communication career pathway is Zelda working in?
A.Printing Technology: a career that focuses on performing for and communicating with others
B.Journalism: a career that combines technologies to make video recordings possible
C.Journalism: a career that reports information to the public
D.Printing Technology: a career that allows people to express themselves through art
Answer:
B.Journalism: a career that combines technologies to make video recordings possible
Answer:
B. Journalism: a career that combines technologies to make video recordings possible
Explanation:
Zelda’s day consists of checking her e-mail, holding meetings, and organizing and reviewing text. Zelda is working in Journalism and it is Arts, A/V Technology, and Communication career pathway. Jounalism is a career that combines technologies to make video recordings possible.
Global Company purchased merchandise on account from Planet Company for $56,000 with terms 1/15, net 45. Global Company returned $6,000 of the merchandise and received full credit from Planet Company. What will be included in the journal entry for the payment (assume that the amount due was paid within the discount period)?
Answer:
cash 49,500 debit
discount 500 debit
account receivable 50,000 credit
Explanation:
account receivable 56,000
sales revenue 56,000
to record sales
returns 6,000
account receivable 6,000
to record return of goods
56,000
-6,000 return
50,000 account receivable
x1% discount 500 (payment within discount period)
50,000 - 500= 49,500 cash proceed
The owner of a store that sells fine-quality fabrics for home seamstresses bemoans the fact that few young women know how to do fine tailoring, much less simple dressmaking. Many potential customers are unable to appreciate the premium quality of the fabrics and are deterred by the high prices, as well as the complexity of fine sewing. In the past, the store had a strong demand for fabrics, large classes for women learning the fine points of sewing, and a reputation for excellent service and technical advice. Now the store is earning lower-than-average returns. This case is an example of?
Answer: This case is an example of core competencies that further have turned into core rigidities.
In this particular case , the store was capable of catering to the demands of the market. Thus providing excellent service and technical advice.
But with the dawn of an era, now the store is earning lower-than-average returns. Also this is to be pondered upon that in current era only few potential customers are able to appreciate the premium quality of the fabrics.
Final answer:
A store owner facing decreased demand for high-quality fabrics and sewing classes exemplifies the impact of technological and economic shifts on traditional tailoring. The cultural move towards mass-produced, simpler clothing designs has reduced the market for intricate sewing skills and fine fabrics, affecting businesses reliant on these crafts.
Explanation:
The store owner's situation is an example of the impact of technological advancements and economic changes on traditional industries such as fine tailoring and dressmaking. With the ready-to-wear industry simplifying the construction of clothing and reducing costs, intricate sewing skills have become less valued and less profitable. As a result, the demand for fine-quality fabrics and the knowledge to work with them has diminished, affecting businesses that relied on consumers' appreciation for and ability to partake in fine tailoring.
The shift away from complex garment construction, which once involved tucks, darts, godets, and complex seams, to simpler designs achieved using knits and spandex has transformed the clothing industry. This leaves the tailor unable to fulfill his wants or profit from the sale of fine clothing. Women who could command higher prices for their skill and taste in occupations such as millinery and dressmaking now face challenges due to a shift in societal needs and the undervaluing of their skills.
In addition, the challenges faced by seamstresses who might lose their jobs due to downsizing in the textile industry highlight the specificity of their skills, which may not easily transfer to other industries. This scenario showcases the larger economic and social transformation brought about by the move towards mass-produced, lower-cost clothing options and how it affects skilled laborers and entrepreneurs in the industry.
How are most of our decisions made? After sober reflection With conscious consideration Slowly and deliberately By balancing rational and non-rational factors Quickly and automatically
Answer:
Through the decision making process
Explanation:
The decision making process is resumed in 5 steps:
- Problem identification: evaluate de situation and define the problem and its details.
- information research: investigate possible causes and different possible actions that may guide to a solution.
- alternatives evaluation: in this point are analyzed the possiblesolutions to the problem to determine the most suitable solution.
- choose decision: select the most suitable solution and apply it as planned.
- evaluation of results: evaluate if the problem was solved and if there is any necessary improvement
Advanced Printing Systems is a firm in a monopolistically competitive market. If its marginal cost is $18 per unit in the short run, if it is maximizing profits, and if it is selling at the equilibrium quantity, what is its marginal revenue?
Answer: Marginal Revenue = $18 per unit
Explanation:
The profit maximizing condition for a firm in a monopolistic competitive market is at MR = MC.
So, the marginal revenue of the firm is equal to the marginal cost of the firm.
In this question, the firm's marginal cost is $18 per unit in the short run and it is a profit maximizing firm. Thus, its marginal revenue is $18 per unit.
Mary’s hourly wage is twice that of John’s. John’s and Dennis’ hourly wages together total $60. If Dennis earns 1/3 of John’s rate, what does Mary make per hour?
Mary makes $90 per hour, which is twice that of John's hourly rate. We calculate this by first establishing the sum of John's and Dennis's wage as $60 and then determining that Dennis makes 1/3 of John's rate.
Explanation:To find out what Mary makes per hour, we need to establish the relationship between the hourly wages of Mary, John, and Dennis. According to the problem, Mary's hourly wage is twice that of John's. The total of John's and Dennis's hourly wages is $60, and Dennis earns 1/3 of John's rate.
Let's say John earns $x per hour. Then, Dennis's hourly wage would be $x/3, since Dennis earns 1/3 of what John earns. The total hourly wage for both John and Dennis would be $x + $x/3, which is equal to $60.
To find John's rate, we solve the equation:
$x + $x/3 = $60
Multiplying through by 3 to eliminate the fraction, we have:
3$x + $x = $180
4$x = $180
$x = $180 / 4
$x = $45
Since Mary's hourly wage is twice that of John's, Mary earns:
2 x $45 = $90 per hour.
John earns $45 per hour. Mary earns twice that, so Mary earns $90 per hour.
Let's represent John's hourly wage as [tex]\(x\)[/tex]. Then, Mary's hourly wage is [tex]\(2x\)[/tex]. Since Dennis earns [tex]\(1/3\)[/tex] of John's rate, Dennis's hourly wage is [tex]\((1/3)x\)[/tex].
Given that John's and Dennis's hourly wages together total $60, we can write the equation:
[tex]\[x + \frac{1}{3}x = 60\][/tex]
This equation accounts for the sum of John's wage [tex](\(x\))[/tex] and Dennis's wage [tex](\(\frac{1}{3}x\))[/tex], which equals $60.
To solve for [tex]\(x\)[/tex], we first combine the terms:
[tex]\[1x + \frac{1}{3}x = 60\][/tex]
[tex]\[1\frac{1}{3}x = 60\][/tex]
Now, we convert the mixed fraction to an improper fraction:
[tex]\[1\frac{1}{3}x = \frac{4}{3}x\][/tex]
So, the equation becomes:
[tex]\[\frac{4}{3}x = 60\][/tex]
To isolate [tex]\(x\)[/tex], we multiply both sides by [tex]\(\frac{3}{4}\)[/tex]:
[tex]\[x = \frac{60 \times 3}{4}\][/tex]
[tex]\[x = \frac{180}{4}\][/tex]
[tex]\[x = 45\][/tex]
Now, we know that John's hourly wage [tex](\(x\))[/tex] is $45.
Since Mary's hourly wage is twice that of John's, Mary's hourly wage is[tex]\(2 \times 45 = 90\)[/tex].
Therefore, Mary makes $90 per hour.
Leiff goes online to buy a new video game. He finds a site that currently has a promotion of 15% off on all orders over $50. Leiff decides to buy his video game, with a price tag of $128, at this site because he knows that he will get the 15% discount when he checks out. Leiff pays 5.3% sales tax on the discounted price and pays a shipping fee of $4.75. What is the total of Leiff’s online purchase?
a. $112.84
b. $114.57
c. $118.82
d. $119.32
ANSWER:
d.$119.32
STEP-BY-STEP EXPLANATION:
Leiff goes online to buy a new video game. He finds a site that currently has a promotion of 15% off on all orders over $50. Leiff decides to buy his video game, with a price tag of $128, at this site because he knows that he will get the 15% discount when he checks out. Leiff pays 5.3% sales tax on the discounted price and pays a shipping fee of $4.75.
original price is $128,
to get its discounted price at 15%
Leiff paid for was (100-15) = 85% of the original price
the price of the video game then becomes (0.85 x 128) = $108.80
Leiff has to pay an additional 5.3% of the new price, that's (100 + 5.3) = 105.3% of the new price
which is (1.053 x 108.8) = $114.57
Adding the shipping fee for the videogame, 114.57 + 4.75 = $119.32
Thus, the total price is $119.32
When preparing external financial statements that are in accordance with generally accepted accounting principles, a government is required to prepare A. A comprehensive annual financial reportB. Basic financial statements, management's discussion and analysis, and other required supplementary informationC. Both items A and BD. None of the above
Answer: the correct answer is B. Basic financial statements, management's discussion and analysis, and other required supplementary information.
Explanation:
Option b is very comprehensive of all the generally accepted accounting principles.
Susan threw away in the garbage an old chair that had been in her family for many years by placing it on the curb with the rest of the trash. Alma came by and began to admire the chair. Although the chair was heavy, Alma picked it up and called to a friend saying that she had just found an antique chair. When Susan heard this, she demanded the return of the chair. The chair belongs to:
Answer:
The chair here belong to Alma.
Explanation:
When Susan threw out the chair along with trash, she abandoned it with the motive to get rid of it. Alma found it in an abandoned state and picked it up. Since it was abandoned by Susan and picked by Alma it now belongs to Alma. As in the process of abandoning the chair Susan gave up her property rights or ownership of the chair.
Is it better for bondholders when the yield to maturity increases or decreases? Bondholders are better off when the yield to maturity: A. decreases, since this represents an increase in the price of the bond and a decrease in potential capital losses. B. increases, since this represents a decrease in the price of the bond and an increase in potential capital gains. C. decreases, since this represents an increase in the coupon payment and an increase in potential capital gains. D. increases, since this represents a decrease in the bond maturity and a decrease in potential capital losses.
Answer: Bondholders are better off when the yield to maturity: decreases, since this represents an increase in the price of the bond and a decrease in potential capital losses.
Here, the relation is inversely proportional between bondholders welfare and his/her yield to maturity.
Final answer:
Bondholders are better off when the yield to maturity decreases, as this indicates an increase in the price of the bond and a decrease in potential capital losses. The correct option is a.
Explanation:
The question of whether bondholders are better off when the yield to maturity increases or decreases involves understanding the relationship between bond prices, yields, and interest rates. When the yield to maturity on a bond decreases, this generally indicates that the bond's price has increased. This price increase can be due to a drop in market interest rates, which makes the fixed coupon payments of the bond more attractive relative to the new lower rates available in the market. Hence, a decrease in yield to maturity represents an increase in the price of the bond and reduces potential capital losses because the bondholder could sell the bond for a higher price than the purchase price.
Therefore, the correct answer is: A. decreases, since this represents an increase in the price of the bond and a decrease in potential capital losses. The rationale behind this is that bond prices and yields are inversely related, which means as demand for a bond increases due to its relatively higher interest payment in comparison to new bonds issued at the current lower rates, its price goes up, and hence, its yield goes down.
Estimated Returns Inventory is a. an asset account reported with Inventory on the balance sheet. b. an owner's equity account increasing equity. c. a liability account with a normal credit balance. d. None of these choices, since this account does not exist.
Answer:
a. an asset account reported with Inventory on the balance sheet.
Explanation:
This is because estimated returns inventory is the amount of inventory that will be returned by debtors, on their purchase if they do not find the goods that worthy, or due to some other reasons, based on past experience this is generally an allowance and this is added to inventory balance as this will increase inventory, though generally it is accounted like this but some companies do not tend to make a provision for such inventory and account for at the time when inventory is actually returned.
Final Answer
a. an asset account reported with Inventory on the balance sheet.
Final answer:
Inventory is a key asset in accounting, reported on the balance sheet under assets.
Explanation:
Inventory presents challenges for accounting recognition. It involves estimating the value of inventory assets using methods like FIFO and LIFO. Inventory is reported on the balance sheet under assets.
If I know I spend $5 on supplies and sell the lemonade at $0.50 per glass, determine the number of glasses I must sell to break even. After you find the number of glasses tell me what the x-intercept, y-intercept and slope represent in the function you determined.
Answer:
10 glasses, X-intercept = 10 , Y-intercept=5 and function Y=5-0.5x
Explanation:
5 = 0.5x
x = 10
the function : Y = 5 - 0.5x
Y-intercept(SET X=0)
Y = 5 - 0.5 (0)
Y = 5
X-intercept(SET Y=0)
(0) = 5 - 0.5x
0.5x = 5
x = 10
Which of the following statements is correct?
Industrial capitalism is characterized by pools, trusts, holding companies and an interpenetration of banking, insurance, and industrial interests
Mercantile capitalism emerged in the United States in the period directly following the Civil War
In state welfare capitalism, the government plays an active role in regulating economic activities in an effort to smooth out the boom-and-bust pattern of the business cycle
Financial capitalism is associated with large scale industrial expansion
Answer:
In state welfare capitalism, the government plays an active role in regulating economic activities in an effort to smooth out the boom-and-bust pattern of the business cycle
Explanation:
Nations that adhere to capitalism on the premise of social welfare are characterized by state regulation aimed at protecting the population and ensuring a healthy standard of living. This is especially relevant because it protects citizens from economic instability. Typically, countries where social welfare works, many jobs are public, and the state has several social programs. Examples are Sweden, Norway and Denmark.
How does depreciation affect the calculation of a project's accounting rate of return (ARR)? A. Depreciation does not affect ARR. B. Depreciation is added to the annual cash inflows. C. Depreciation is only deducted if the ARR is less than the minimum required rate of return. D. Depreciation is deducted from the annual cash inflows.
Answer: Option D
Explanation: ACCOUNTING RATE OF RETURN IS THE RETURN THAT INVESTOR GET IN THE FORM OF AVERAGE NET PROFIT FOR MAKING INVESTMENT IN THE BUSINESS AT FIRST PLACE.
A. Depreciation affect net profit thus it affects ARR.
B. Depreciation is an expenditure, it is the value of a asset that is used, therefore it will be deducted from cash inflows.
C. There is no such rule that depreciation will only be deducted if the ARR is less than the minimum required rate.
D. Depreciation results in lowering of value of assets thus it is deducted from annual cash inflows which results in lowering of profits.