Answer:
C. the payoffs are dependent upon another variable, such as revenue or profit.
Explanation:
Contingent contracts are one of the types of contracts in which the promisor offers the responsibility only when the distinct conditions are satisfied. It works on the occurrence or non-occurance of the specific event. It relies on the happening of an unpredictable event. The contingent contract becomes void in the case when the happening of the event grows impossible.
Given the following information on a 30-year fixed-payment fully amortizing loan, determine the owner’s equity in the property after seven years if the market value of the property is $240,000 at the end of year 7: rate: 7%; monthly payment: $1,200.
Answer:
$75598,25
Explanation:
Fred wants to take out a loan. Suppose he can afford to make monthly payments of 200 dollars and the bank charges interest at an annual rate of 5 percent, compounded monthly. What is the maximum amount that Fred could afford to borrow if the loan is to be paid off eventually?
The maximum amount Fred can borrow is approximately $3,754.64.
Explanation:To find the maximum amount that Fred could afford to borrow, we need to calculate the present value of his monthly payments using the formula for the present value of an annuity:
PV = P * (1 - (1 + r)^(-n)) / r
Where PV is the present value, P is the monthly payment, r is the monthly interest rate, and n is the total number of payments. In this case, P is $200, r is 0.05/12, and n is the number of months Fred will be making payments. We can rearrange the formula to solve for the loan amount:
Loan amount = PV * r / (1 - (1 + r)^(-n))
Substituting the given values, the loan amount Fred could afford to borrow is approximately $3,754.64.
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If the law of increasing opportunity costs is operable, and currently the opportunity cost of producing the 101st unit of good X is 5Y, then the opportunity cost of producing the 201st unit of good is X is most likely to bea. less than 5Y.b. more than 1/5Y but less than 5Y.c. more than 5Yd. less than 1/5Y but more than zero.e. none of the above
Answer:
The correct answer is option c.
Explanation:
Opportunity cost is the cost of sacrificing the second-best alternative. We know that resources are scarce and have alternative uses. To increase the production of one good we need to decrease or give up production of its alternative.
The law of opportunity cost states that the as we go on increasing the production of one good the opportunity cost will go on increasing. In other words, to produce more and more of good X we will need to sacrifice more and more of good Y.
If the opportunity cost of producing the 101st unit is 5Y then the opportunity cost for the 201st unit will be more than 5Y.
An employee comes to work on time every day only because he knows that his pay will be docked if he is caught coming in late. However, when he knows his boss will be gone that day, he's frequently late. What level of moral development does this represent?
Answer:
The answer is: Postconventional moral development
Explanation:
At this stage of moral development, an individual´s morality is defined by more abstract principles and values. He or she may believe that some laws and rules are unfair and should be changed or eliminated. Individual realize that they are separate entities from societies and they may choose to not follow the rules of the organization.
Quitor Inc., which is based in the U.S., contracts with Falconnien Suppliers, a small-scale supplier in Taiwan, to manufacture its computers and tablets across the world. This strategy by Quitor Inc. is an example of _____.
a) joint venture
b) franchising
c) exporting
d) foreign outsourcing
Answer:
The correct option is (d)
Explanation:
Foreign outsourcing refers to the practice getting goods manufactured or distributed by some other company located outside home country. This is a very good strategy if cost reduction is the main motive of parent company.
Activities are outsourced to a company located in a lesser developed countries as they offer good services in much reduced costs. In this case, Quiter Inc., a US company outsourced to a supplier based in Taiwan to manufacturing computers across the world. This is an example of foreign outsourcing.
Consider the line which passes through the point P(−1,1,−2), and which is parallel to the line x=1+5t,y=2+2t,z=3+3t Find the point of intersection of this new line with each of the coordinate planes:
To find the intersection of the line parallel to x=1+5t, y=2+2t, z=3+3t and passing through the point P(-1,1,-2) with each coordinate plane, we set the corresponding coordinate to 0 and solve for the other coordinates. The intersections are approximately (-0.33, 2.33, 0) with the xy-plane, (0, 1.4, -1.4) with the yz-plane, and (-3.5, 0, -0.5) with the xz-plane.
Explanation:The given is the line which passes through the point P(-1,1,-2) and is parallel to the line x=1+5t, y=2+2t, z=3+3t. The line parallel to the given line and passing through the given point would therefore be x=-1+5t, y=1+2t, z=-2+3t (note the coordinate values of P are used).
We find the intersection point with each coordinate plane by setting the corresponding coordinate to 0. For example, for the xy-plane, set z=0 and solve the equations to get t and hence the x and y coordinates:
Intersection with XY-plane (where z=0): From z=-2+3t=0, we find that t=2/3. Plug t=2/3 into the equations for x and y to get the intersection point, resulting in approximately (-0.33, 2.33, 0). Intersection with YZ-plane (where x=0): From x=-1+5t=0, we find that t=0.2. Plug t=0.2 into the equations for y and z to get the intersection point which is approximately (0, 1.4, -1.4). Intersection with XZ-plane (where y=0): From y=1+2t=0, we find that t=-0.5. Plug t=-0.5 into the equations for x and z to get the intersection point which is approximately (-3.5, 0, -0.5). Learn more about Intersection of a Line here:
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Scarcity A. is the same thing in economic terminology as a shortage. B. results from unlimited resources coupled with limited wants. C. can be eliminated with improvements in technology. D. results from unlimited wants coupled with limited resources.
Answer: Option D
Explanation: In simple words, scarcity refers to the problem of unlimited wants of people that could be satisfied with the resources that are limited in nature.
Due to this scenario the people have to decide how they want to allocate the resources of their share.
Hence from the above we can conclude that the correct option is D.
Economics is all of the following except _______. IS. a social science B. a subject that studies choices C. a subject that arises because we want more than we can get D. a subject that tells countries what goods they must trade
Answer: Option D
Explanation: Economics is the social science that studies the factors that affects the behavior and living of the individuals. The economics revolves around three questions - what to produce, how to produce and for whom to produce.
It studies the problem of scarcity and provides for the solution of effective allocation of resources. It does not study what countries should trade as this is a subject for business management.
Hence the correct option is D.
Companies that take a proactive stance toward the marketing environment are most likely to ________.
Answer:
Come up with strategies that change the marketing environment.
Explanation:
Companies with a proactive approach tend to operate ahead of time. They don't wait for a situation or an event to take certain actions but they are well-prepared beforehand to deal with all sorts of issues that may arise in the future. They do so by adopting strategies that have the ability to change the marketing environment. This also helps them gain an edge over their competitors.
Answer:
be the market leaders.
Explanation:
Being proactive in marketing means to simply anticipate the problems or situations that are likely to take place in the future, and to predict the changing needs and wants of the market. Being proactive allows companies to:
create groundbreaking campaignsbuild engagement with companiesincrease the capability to optimize campaigns based on past datait is best to withhold unpopular opinions
(strongly agree or disagree
Answer:
disagree
Explanation:
because its your opinion not nobody else so you can say it
When it comes to unpopular opinions, it is best to talk about them, so I disagree.
What is an Opinion?This refers to a personal viewpoint about something which might not be factual and is usually sentimental.
Hence, we can see that expressing opinions is one way to understand people and because a person has a different opinion from others about something which makes it unpopular does not mean he should not express himself.
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In the short run A. most firms have short run supply curves that are the same as their long run supply curves. B. firms may choose to operate at a loss. C. firms will shut down if operating at a loss. D. profit maximizing firms have identical short run supply curves.
Answer:
The correct answer is option B.
Explanation:
In the short run, firms may have a loss if the price is lower than the average total cost. In the short run though firms cannot enter or exit the market. So, if the price level is higher than the average total cost, the firms will keep operating even after incurring a loss.
In the long run though, if the price level is still lower than the average total cost, the firm will no longer operate and will exit the market.
B. In the short run, firms may choose to operate at a loss if they can cover their average variable costs.
This is because some firms may continue producing as long as they can cover their average variable costs, even if they are making economic losses. This is a strategy to minimize overall losses rather than shutting down immediately, which would lead to incurring fixed costs without any revenue. This is typical in conditions where the price has fallen below the average cost but remains above the average variable cost.On the other hand, option C is incorrect because not all firms will shut down if they are operating at a loss; it depends on whether they can cover their variable costs. Firms that cannot cover their average variable costs will indeed shut down immediately. Options A and D are also incorrect as short-run and long-run supply curves can differ due to the presence of fixed costs in the short run and the variability of resources in the long run.Alicia is a college sophomore studying drama at her local community college in Texas. Halfway through the school year, Alicia is offered a job in Hollywood as an actress on a soap opera which will pay her $72,800 per year. Douglas is a college sophomore studying sociology at Alicia's college. Douglas does not have any work experience, and he would earn $18,000 per year if he were to quit school and get a full-time job. If we assume that Douglas and Alicia only have a choice of either staying in school or dropping out and working full time, an economist would most likely predict that _________________ is more likely to drop out of school this year because _________________________.
Answer:
The answer is: Alicia is more likely to drop out of school because its on her best interest to start working on the right place as soon as possible.
Explanation:
First of all, besides the huge difference in salaries, $72,800 (Alicia) to $18,000 (Douglas), we have to consider other aspects of their professions:
Alicia doesn´t need a college degree to work in her profession (actress), while Douglas is required a college degree to work as a psychologist. In an extremely competitive professional market like actresses, the window of opportunity for someone new entering the business is not that long. Most of the actors and actresses start very young (as kids) and the older they get the harder it is for them to start or continue the profession. That doesn´t apply to psychologists. When you consider the demand for actors and actresses, it is obviously much larger in California than in Texas, so Alicia should already be on a plane. I guess more psychologists are also needed in California, but there should be enough demand for that skill in Texas so Douglas doesn´t need to move.According to the quantity theory of money, if the longminusrun economic growth rate is 2.5%, by how much should the Fed increase the money supply if it wants inflation to be 2%?
Answer:
4.5%
Explanation:
The quantity theory of money states: M x V = P x Y [M: Money supply, V: Velocity of money, P: price level & Y: GDP or output.
If the Fed wants inflation to be 2%, it will need to increase the money supply 4.5%.
Thus M × V will rise 4.5%, causing P × Y to rise 4.5%, with a 2% increase in prices and
a 2.5% rise in real GDP.
Curzon International is a hospitality chain that has a wide range of hotels and motels. The company provides luxurious and outstanding service to its customers. The amenities given by the company are highly expensive; hence, it holds a very small share in the hospitality industry. The managers are not ready to forgo their dedication to providing great service to increase their market share. This shows that the company is based on the noble purpose of a. heroism b. discovery c. excellence d. altruism
Answer: Altruism
Explanation: It refers to the behavior when an individual considers the benefit of other more important than the self benefit.
In the given case, the hotel chain has the sole purpose of providing best services to its customers. They are not ready to forego their dedication towards service even if it results in loss of their market share.
It is not a case of excellence as they are not charging extra for the same service to increase their profits.
Hence from the above we can conclude that the correct option is D.
4. The real interest rate equals ________. the inflation rate minus nominal interest rates nominal interest rates minus the inflation rate nominal interest rates plus the inflation rate the actual interest rate over the period of the investment
Answer:
The real interest rate equals nominal interest rates minus the inflation rate.
Explanation:
Interest rate simply refers to a proportion of the borrowed money that is charged to the borrower.
So, in an ideal situation with zero inflation, if a borrower gets $100 with a nominal interest rate of 10%, he should pay $10 in interests by the end of the period, so the lender will get his $100 back, plus $10, or 10% of the money borrowed. He ended up with a higher monetary value, having used a real interest rate of 10%.[tex]Real Interest = NominalInterest-Inflation Rate\\Real Interest = 10percent-0\\Real Interest = 10percent[/tex]
Let's now say that the inflation rate is 10%. The borrower gets $100 with a nominal interest rate of 10% and an inflation rate of 10%. In this case, he should still pay $10 in interests by the end of the period. The lender will get his $100 back, plus $10 of interests, and even so, he will still end up with the same monetary value as before! He won't be able to buy any more things with $110 now than he was able to buy with $100 before, so his real return was 0%.[tex]Real Interest = NominalInterest-Inflation Rate\\Real Interest = 10percent-10percent\\Real Interest =0[/tex]
This happens because when there is an inflation rate of 10%, the monetary value of $100 equals the monetary value of $110 at the end of the period, so you actually need more money to compensate.Now, let's say the nominal interest rate is 10%, with an inflation rate of 5%. The borrower would have to pay $10 in interests, so the lender gets his $100 back, plus $10. Since the value of $100 of before equals $105 in the present, and he got $110, he gained some monetary value, but how much? We determine his return with the real interest rate:[tex]Real Interest = NominalInterest-Inflation Rate\\Real Interest = 10percent-5percent\\Real Interest =5percent[/tex]
The real interest rate is calculated by subtracting the inflation rate from the nominal interest rate. Changes in inflation or deflation can significantly impact the real interest rate, affecting loan repayment and the overall economy. In the U.S., nominal interest is taxed without adjusting for inflation, which can negatively impact the real gains from an investment.
Explanation:The real interest rate equals the nominal interest rates minus the inflation rate. For example, if the nominal interest rate is 7% and the inflation rate is 3%, the real interest rate is 4%. If there is deflation, or a decrease in prices, of 2%, the real interest rate would actually be 9%, adjusting the nominal rate for the deflation. This can impact the repayment of loans and the overall economy if it leads to bank losses or declines in aggregate demand.
Further implications of interest rates are seen in the tax system where the U.S. taxes nominal interest without adjusting for inflation, impacting the real gain from an investment. In these instances, the real interest rate could even turn negative due to high inflation, leading to a negative gain in buying power despite a positive nominal interest. Thus, when dealing with interest rates, it's important to consider the underlying real interest rate after accounting for inflation.
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A global network of organizations and activities that supply a firm with goods and services is referred to as A. operations management. B. a supply chain. C. business functions. D. production.
Answer:
Supply chain.
Explanation:
Supply chain is referred to all the processes that are involved (directly or indirectly) in the action of satisfying market needs, whether they are products or services.
In this process, is included everyone from the raw materials through the final customer. A supply chain must be dynamic, so it can respond to constant change in the market, and it involves constant flow of information, products, services and money.
Brandon, the general manager of Pelantis International Hotel, promises Theodore, the director of marketing and sales of the hotel, a large bonus and a paid vacation if he can increase the hotel occupancy to 95 percent in the coming season. What type of leadership styles is Brandon using in this scenario?
Answer:
Transactional leadership
Explanation:
This leadership involves an exchange process whereby followers get immediate and tangible rewards for carrying out the leader’s orders. The leader can clarify what is expected of followers´ performance explaining how to meet such expectations and allocating rewards that are contingent on meeting objectives.
Your sister formed her business as an LLC to protect herself from personal liability. At the same time she opens her business, the economy takes a dive and her business fails with many business debts remaining. Which of the following circumstances would make your sister personally liable for her business's debts?
A-She signed documents personally securing the debts of the business.
B-She did not have sufficient experience to make good decisions on behalf of the business.
C-She defaulted on her loan from the Small Business Administration.
D-Customers did not buy the goods that her business produced and now she must pay back her suppliers.
Answer:
A-She signed documents personally securing the debts of the business.
Explanation:
When you form a business as a LLC that protects you from liability in case of debt when the business goes into bankrupcy, that protects the owner from having to put their properties as collateral for the bankrupcy, the only way in which your sister could be personally liable for her business debts is if she signed personally for the business debts.
The manager of Flogymki, a newly opened continental restaurant, decides to organize the restaurant's labor force into separate divisions for purchases, serving, home delivery, accounting, cooking, etc. Given this information, which of the following organizational structures does the restaurant manager intend to implement at Flogymki?A. Product departmentalizationB. Functional departmentalizationC. Customer departmentalizationD. Geographic departmentalization
Answer: Functional departmentalization
Explanation: In a functional departmentalization structure, the company tries to organize the employees into groups based upon the specific skills they possess. The activities performed by such groups are different from each other but the employees within groups performs the same task.
In the given case, the manager is dividing the company as per the purchase,serving and home delivery etc. It is evident that the grouping is done upon the specific activities to be performed.
Hence we can conclude that the correct option is B.
__________________encompasses all of the information contained within a single business process or unit of work and its primary purpose is to support daily operational tasks and repetitive decisions like analyzing daily sales reports and deciding how much inventory to carry.
Answer:
Transactional information.
Explanation:
For the valuing Organizational Information, there are three types of information:
-Transactional information.
Contained within a business process. Supports performing daily operations.
A strategic way to use IT to share information resources and improve both efficiency and effectiveness of business processes to help a business attain it´s strategic objectives.
Characteristics of information: Accuracy, completeness, consistency, uniqueness, timeliness.
Using the wrong information can lead to making the wrong decision. This can cost money, time, and even reputation.
-Analytical information.
Includes transactional information plus market and industry information.
-The value of timely information.
In real time, immediate, up to date. Within the decision makers time frame.
I'MaGadgetCo. produces and sells widgets. Last year, it produced 9,000 widgets and sold each one for $8. To produce the 9,000 widgets, the company incurred variable costs of $27,000 and a total cost of $36,000. I'MaGadgetCo's average fixed cost to produce 9,000 widgets was A. $1.00B. $3.00C. $4.00D. $7.00
Answer:
A.
Explanation:
Total costs are equal to total fixed costs plus total variable costs.
TC = FC + VC
Per unit, the equation is:
Total costs per unit = (total fixed costs / units of production) + unit variable costs.
In this example, the equation is:
TC $36.000 = FC + VC $27.000
$36.000 - $27.000 = FC
$9.000 = FC
FC per unit = FC / units of production
FC per unit = $9.000 / 9.000 units of production
FC per unit = $1
Answer:
B. $3.00
Explanation:Because it's a factor of the number.
Because time is of the essence, volunteers should be interviewed: A. Every week with as many persons who have volunteered. B. At 10-minute intervals. C. In small groups. D. By job type.
Answer: Option D
Explanation: As time is a very important resource for every organisation and is considered as the essence of success, business organisations should manage it properly.
The interviewing process in recruitment should be done on the basis of job type. It means all the candidates that are applying for same job profile or job in the same departments should be interviewed at the same day individually. This will help the organisation to save its time.
Hence, from the above we can conclude that the right Option D.
Volunteers should be interviewed at 10-minute intervals, by job type, and potentially in small groups to manage time efficiently. Each method has its advantages, with intervals allowing individual assessment and job type interviews focusing on relevant skills, while small groups can evaluate teamwork.
When considering how volunteers should be interviewed because time is of the essence, it is essential to manage the interview process efficiently. Interviews could be scheduled at 10-minute intervals to ensure that each volunteer is given attention while also keeping to a strict schedule. This approach facilitates a rapid yet orderly interview process. Additionally, by grouping interviews by job type, interviewers can focus on specific roles and streamline the discussion towards relevant skill sets and experiences pertinent to those roles. It is also beneficial to keep interviews short and organized, with a clear purpose communicated to the volunteers, ensuring that they understand their participation is voluntary and valuing their time and contribution.
Conducting interviews in small groups could be another method to expedite the process, though it might not offer the same depth of individual assessment as one-on-one interviews. However, this approach can be conducive to evaluating group dynamics and teamwork skills. No matter the method, ensuring that every volunteer is interviewed allows for their personal opinions to be heard, signifying respect for their willingness to contribute to the organization.
A government inspection has required your company to upgrade the safety equipment in the manufacturing process of ice creamery. What dimension of the external environment has influenced these upgrades?
a. Technological
b. Economic
c. Task
d. Sociocultural
e. Legal-political
Answer: Option E
Explanation: In simple words, the group of factors outside the organisation that are not in the control of the management are called external environment. The legal-political dimension refers to the rules and legislation passed by the authorities for effective operating of the society as a whole.
In the given case, the inspection leading to safety upgrade was done done by the govt. Such requirement depicts that the safety structure was not as per the law passed or rule made.
Hence, from the above we can conclude that the correct option is E.
The dimension of the external environment that influenced the updating of safety equipment in the manufacturing process of ice creamery is the legal-political dimension.
What is the legal-political dimension?It corresponds to the legal norms and laws approved and in force in a place that serve to regulate society, and that must also be complied with by the organizations that are inserted there.
So the correct alternative is:
e. Legal-political
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Paul needs to decide between buying a big screen TV for $1,800 or being able to go on a New York vacation for $1,000 and still having enough left over to buy a small screen TV for $800. Paul opts for the small screen TV and the New York vacation. Paul has used money in what ways in making his decision? A. Medium of exchange and a method to decrease deferred payments. B. Medium of exchange and a store of value. C. Store of value and a standard unit of account. D. Medium of exchange and a standard unit of account.
Answer:
D.
Explanation:
As a medium of exchange.
Is something that buyers will exchange with a seller when they want to purchase goods or services for the seller.
Is anything that is used to determine value during the exchange of goods and services. Money allows us to use a systems of trade beyond the barter system (directly trading one good or service to another).
As a standard unit of account.
Money serves as measuring rod or yardstick to assess the relative value of various goods and services. Without money, each item brought to market would bear a certain value relative to each of the other items.
With money, each good has one price. In a society with N goods, there are N prices when money works.
Laws in the United States and many other countries have many business-oriented laws covering issues such as competition, environmental protection, pricing, packaging and labeling, product safety, truth in advertising, consumer privacy, and ___________.
Answer:
The correct answer is "fair-trade practices"
Explanation:
The term fair-trade refers to a government arrangement or practices created to support producers in emerging nations to obtain better trading conditions. The fair trade movement advocates the payment of higher prices to exporters. The fair trade focuses on agricultural commodities or products which are typically exported from emerging countries to developed countries but also consumed in domestic markets.
The new CEO of Opacity Enterprises is determined to make the long-established firm strategically flexible. The CEO should understand that the task is not easy, largely because of inertia that can build up over time.True / False.
Answer:
The correct answer is True.
Explanation:
Strategic flexibility refers to the flexibility that the company possesses, as a whole, in its active participation in the market. It is the point of view of senior management, focusing on the ability of the company to proactively modify the nature of its activities or respond quickly to changes in the environment in a way that develops or maintains its competitive advantage. This type of flexibility offers the organization the possibility of modifying or replacing current strategies in terms, for example, of the application of new technologies or the renewal of its products, the creation of new product-market combinations or the use of power of market to prevent the entry of competitors.
Organizational or structural flexibility refers to the possibility for the organization to modify the distribution of tasks, the content of processes or internal communication channels. This type of flexibility can affect the limits of the organization, reaching, in its extreme degree, promoting an “organization without borders.” (Note: An organization without borders is one that has ambiguous rules regarding who is a member of the organization, the identity of the departments and the responsibility of each job, the external borders of these organizations are blurred, so that, for example, they increase the outsourcing of activities or temporary work relationships. internal frontiers: decentralization and coordination between functions and teams are intensified or descriptions of generic jobs are elaborated, emphasizing more the values associated with the job than the specific and predetermined duties). Human resources management has much to contribute, along with managers from other areas, to achieve organizational flexibility in a company.
A company in which your client owns stock is about to make a rights offering. The client informs you that he does not plan on subscribing to the offer. You would tell the client that his proportionate ownership interest in the company would: ___________
Answer:
decrease
Explanation:
According to my research on different investment terminology, I can say that based on the information provided within the question you would tell the client that his proportionate ownership interest in the company would decrease. This is because if other people buy shares of the company the overall amount of shares sold increases and your percentage owned goes decreasing as more people buy.
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Classify the following as fixed or variable costs:
a. Fuel Interest on company-issued bonds
b. Shipping charges
c. Payments for raw materials
d. Real estate taxes
e. Executive salaries
f. Insurance premiums
g. Wage payments
h. Depreciation and obsolescence charges
i. Sales taxes
j. Rental payments on leased office machinery
Answer:
a. Fuel Interest on company-issued bonds FIXED
b. Shipping charges VARIABLE
c. Payments for raw materials VARIABLE
d. Real estate taxes FIXED
e. Executive salaries FIXED
f. Insurance premiums FIXED
g. Wage payments VARIABLE
h. Depreciation and obsolescence charges FIXED
i. Sales taxes VARIABLE
j. Rental payments on leased office machinery FIXED
Explanation:
Fixed costs are the cost of an organization that don´t change with the amount of production. So , if the production is 0, this cost will exist anyway. For example: real estate taxes, rental
Final answer:
Fixed costs are expenses that do not change regardless of production levels, whereas variable costs fluctuate with the scale of production or sales. Fuel interest on bonds, real estate taxes, executive salaries, insurance premiums, depreciation charges, and rental payments are classified as fixed costs. In contrast, shipping charges, payments for raw materials, wage payments, and sales taxes are considered variable costs.
Explanation:
To classify the following as fixed costs or variable costs, we need to understand the nature of each type of expense:
Fuel Interest on company-issued bonds - Fixed costs, as these are predetermined expenses that are typically the same regardless of production levels.
Shipping charges - Variable costs, since they correlate with the quantity of goods being shipped.
Payments for raw materials - Variable costs, because they directly depend on the amount of materials needed for production.
Real estate taxes - Fixed costs, as they are usually set annually and do not fluctuate with production.
Executive salaries - Fixed costs, as they tend to be constant irrespective of the company's output.
Insurance premiums - Fixed costs, assuming they are uniform and do not change with production levels.
Wage payments - Typically variable costs, especially if wages are paid per hour or based on production performance.
Depreciation and obsolescence charges - Fixed costs, as they are accounting charges that do not vary with production.
Sales taxes - Variable costs, since they are applied per sale and therefore will vary with sales volume.
Rental payments on leased office machinery - Fixed costs, because they are contractual charges that do not change with how much the machinery is used.
Which of the following statements is true about expropriation?
Expropriation of foreign enterprises by developing countries were rare in the old days.
Small firms are more likely targets of expropriation than large firms because more is to be gained by expropriating small firms.
Firms at the greatest risk of expropriation are in extractive, agricultural, or infrastructural industries such as utilities and transportation.
Expropriation is least likely to occur in non-Western countries that are poor, relatively unstable, and suspicious of foreign multinationals.
Answer:
Firms at the greatest risk of expropriation are in extractive, agricultural, or infrastructural industries such as utilities and transportation.
Explanation:
Governments are more interested in this kind of business, as often, in developing countries, extractive and agricultural create genuine richness, usually more than others as retail or manufacturing, for example. On the other hand, regarding utilities and transportation, expropriation is made as a consequent of populism measures and not for wealth creation.
the People's Bank has $1 million in loans, $2 million in checkable deposits, and $300,000 in reserves. If the reserve ratio set by the Federal Reserve is 0.2, then the additional amount of _____ must be held as reserves.
a. $60,000
b. $200,000
c. $100,000
d. $600,000
Answer:
excess reserve = $100000
correct option is C $100,000
Explanation:
given data
loan = $1 million
deposits = $2 million
reserve = $300,000
reserve ratio = 0.2
to find out
additional amount as reserve
solution
we know here
first we find here required reserve that is express as
required reserves = reserve ratio × deposits ..........1
required reserves = 0.2 × 2 million
required reserve = $400000
so
excess reserve is difference of actual reserve and required reserve that is
excess reserve = 400000 - 300000
excess reserve = $100000
correct option is C $100,000