Answer:
Profit = $4000
Explanation:
Fo a monopoly, the total profit is maximized where the marginal revenue is equal to the marginal cost
The profit is equal to the amount by which the revenue is exceed the cost .
Profit = Total revenue - total cost
Profit = (2000× $6) - (2000× $4)
Profit = $4,000
Answer:
profit = TR-TC
Explanation:
Profit = 2000*6-2000*4 = 4000
7 In January 2020, Coronado Industries, a newly formed company, issued 10200 shares of its $8 par common stock for $13 per share. On July 1, 2020, Coronado Industries reacquired 1020 shares of its outstanding stock for $10 per share. 1.The acquisition of these treasury shares increased total stockholders' equity. 2. decreased total stockholders' equity. 3. did not change total stockholders' equity. 4. decreased the number of issued shares.
Answer:
2. decreased total stockholders' equity.
Explanation:
January 7, 2020, stocks are issued:
Dr Cash 132,600
Cr Common stock 81,600
Cr Additional paid in capital 51,000
July 1, 2020, treasury stocks are purchased:
Dr Treasury stocks 10,200
Cr Cash 10,200
Treasury stocks is a contra equity account which reduces the value of total stockholders' equity. When they are purchased, treasury stocks account must be recorded at the full repurchase price of the stocks.
Corporate governance structure a.varies a great deal across countries. b.has become homogenized following the integration of capital markets. c.has become homogenized due to cross-listing of shares of many public corporations. d.none of the options
Answer:
a.varies a great deal across countries.
Explanation:
Corporate governance is a mixture of the rules and laws by which the business operates and is regulated and controlled this term involves the external and the external factors that impact the compactors stakeholders, customers, shareholders, and the management. However the structure differs form nations to nations on the basis for the roles played by the governments and that includes the monitoring the actions, policies, and the decisions of the corporations. Countries like the U.K, Canada, Ireland, United States, and New Zealand are the top five countries in the corporate governance scale with an overall rating of 7.6 to 6.7.Crane Companybudgeted manufacturing costs for 60000 tons of steel are: Fixed manufacturing costs $50000 per month Variable manufacturing costs $12 per ton of steel Craneproduced 40000 tons of steel during March. How much is the flexible budget for total manufacturing costs for March?
Answer:
$530,000
Explanation:
Given that
Fixed manufacturing cost = 50000
Variable manufacturing cost = 12 per ton steel
Total number of steal produced = 40000
Recall that
Total manufacturing cost = Total fixed manufacturing cost + total variable manufacturing cost
Total variable manufacturing cost = variable cost per ton × output
= 40000 × 12
= 480,000
Therefore,
Total manufacturing cost = 50000 + 480000
= $ 530,000
Total manufacturing cost = $530,000
Stuart Inc. is planning to lease computer equipment for its production and testing departments. Currently, the production and testing departments lease it separately and pay $231,000 and $399,000, respectively, as lease charges. If both the departments lease the equipment jointly, the contract will cost only $570,000. If the cost-allocation method ranks the individual users of a cost object in the order of users most responsible for the common cost and then uses this ranking to allocate cost among those users, Stuart, Inc. must be using the ________ cost-allocation method.
Answer:
INCREMENTAL cost allocation method
Explanation:
Incremental cost allocation method is the ranking of individual users of the cost object in such a way that the order of users most responsible for the common cost and then uses its ranking to allocate cost among those users. So they'd be ranked from primary user to first incremental user to second incremental user and so on until the cost have been assigned to all users. It requires one user to be seen as the primary user/party and other users to be seen as incremental user/party.
Answer:
Incremental Cost-allocation method
Explanation:
Incremental cost-allocation method has to do with establishing priorities among users and allocating common costs to the primary party up to the amount of that user's stand-alone costs which is shown in the case explained here.
Preferred stockholders:a. must receive more dividends per share than the common stockholders.b. must receive dividends every year.c. have the right to receive dividends only in the years the board of directors declares dividends.d. have the right to receive dividends only if there are enough dividends to pay the common stockholders too.
Answer:
The answer is C.
Explanation:
Preferred shares is synonymous to debt. It has the characteristics of debt and equity. They are given preferential treatment. If a company liquidates, they will be settled before the common shares.
Out of all the options, option C. is correct. They have the right to receive dividends only in the years the board of directors declares dividends. This applies to both preferred shares and common shares. If the board of directors does not declare dividends, nobody receives.
Option A is wrong because they only receive dividend according to the number of shares they are holding in the company.
Option B is wrong because they receive shares only in the the board declares dividends.
Option D is also wrong.
The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 60,000 shares were originally issued and 5,000 were subsequently reacquired. What is the number of shares outstanding?
Answer:
55,000 shares
Explanation:
Given that
60000 shares were originally given
5000 were subsequently reacquired
Thus. Net number of shares issued
= number of shares originally issued - number subsequently reacquired
= 60000 - 5000
= 55,000
Number of outstanding shares therefore is 55,000.
NOTE that, outstanding shares refer to the number of shares that has been issued, purchase or authorized by investors, that is, the number of shares currently held by all is shareholders.
Many business application software vendors are pushing the use of _____ for small and medium-sized enterprise (SME) to help customers acquire, use, and benefit from new technology while avoiding much of the associated complexity and high start-up costs.
a) hosted software model
b) an ERP System
c) open-source code
d) a CRM system
Answer:
a) hosted software model
Explanation:
Many business application software vendors are pushing the use of a hosted software model for small and medium-sized enterprise (SME) to help customers acquire, use, and benefit from new technology while avoiding much of the associated complexity and high start-up costs.
Hosted software is a software that is installed, hosted and accessed completely from a remote server or location.
The advantages of hosted software model are;
- Perpetuity
- Reliable Backup.
- Anywhere access.
- Scalability of computing resources.
Mercy's Apparels, a fabric company, was established post World War II with the aim of catering to the demands of consumers looking for affordable quality clothing. To differentiate itself from its competitors, the company developed a distinctive identity as the producer of budget clothing. In the context of the history of American business, Mercy's Apparels was most likely established during the _____.
Answer:
The correct answer is: marketing era.
Explanation:
The Marketing Era, mostly known as the Marketing Concept Era, started around 1950 after World War II (WWII). The initial marketing approach in this era was to produce goods to then push them to consumers so they could buy them. This strategy started to lose strength during this stage since manufacturers realized they needed to produce goods consumers were attracted to purchase. The overall economy was in recovery after WWII so companies started to produce low-cost items consumers were likely to afford.
Net cash provided by operating activities was $12,000. Net cash provided by investing activities was $2,000. Net cash used in financing activities was $7,000. The cash balance at the beginning of the year was $4,000. The cash balance at the end of the year is:
Answer:
$11,000
Explanation:
The cash generated from operating activities is $12,000 which is a cash inflow, likewise net cash generated by investing activities was $2,000 which is also a cash inflow and cash used in financing is cash outflow so:
Cash generated during the year = Cash inflow - Cash Outflow
Cash generated during the year = ($12,000+2,000) - 7,000 = $7,000
Now
Cash balance at the end of the year = Opening cash balance + Cash generated during the year
So by putting values, we have:
Cash balance at the end of the year = $4,000 + $7,000 = $11,000
What makes buying a foreclosed property risky? Give at least two
Answer:
Don’t Buy That Fixer-Upper (Unless You Know These 4 Things)
House Hunting
Sure-fire ways to spot a fixer-upper that’ll fix you up financially.
Plaster and lath wall torn apart
Before Buying, Real Estate Pros Insist on Doing These 4 Things
House Hunting
What you really need to know about buying — from the people who house hunt for a living.
Grigory Pekarsky in his kitchen
Is It OK to Use the Bathroom When You’re Touring a House?
House Hunting
Explanation:
Got offline hope this helps :)
Researchers have measured the outcome of psychotherapy by doing all of the following except ______.
1. assessing the reduction in spending on medical services when psychotherapy is provided
2. using PET and fMRI scans to view changes in the brain subsequent to psychotherapy
3. surveying clients about their experiences in psychotherapy
4. comparing hemoglobin levels between those with and without mental disorders
Answer:
4. comparing hemoglobin levels between those with and without mental disorders
Explanation:
- Assessing the reduction in spending on medical services when psychotherapy is provided.
- Using PET and fMRI scans to view changes in the brain subsequent to psychotherapy.
- Surveying clients about their experiences in psychotherapy.
Researchers have measured the outcome of psychotherapy by doing all of the above except comparing hemoglobin levels between those with and without mental disorders.
The items discussed in a(n) _____ include reflections on whether project goals were met, whether the project was successful or not, causes of variances on the project, reasoning behind corrective actions chosen, use of different project management tools and techniques, and personal words of wisdom based on team members experiences.a) design documentb) lessons learned reportc) final project reportd) audit report
Final answer:
The description provided refers to a lessons learned report which is used to evaluate a project after its completion, discussing its successes, challenges, and insights for future improvement.
Explanation:
The items you've described should be included in a lessons learned report. A lessons learned report provides an overview after project completion, addressing whether project goals were met, the success of the project, causes of variances, corrective actions taken, the effectiveness of project management tools and techniques, and personal insights based on team members' experiences. The purpose of this document is to reflect on the process and outcomes of the project to improve future project management practices.
The items discussed in a(n) b) lessons learned report include reflections on whether project goals were met, whether the project was successful or not, causes of variances on the project, reasoning behind corrective actions chosen, use of different project management tools and techniques, and personal words of wisdom based on team members experiences.
IS The carnivorous really bad
Um no how would that be bad? Carnivores eat meat
Canada Company had the following operating data for the year for its computer division: sales, $650,000; contribution margin, $140,000; total fixed costs (controllable), $100,000; and average total operating assets, $280,000. What is the controllable margin for the year
Answer:
Controllable margin for the year = $40,000
Explanation:
Given:
Sales = $650,000
Contribution margin = $140,000
Total fixed costs (controllable) = $100,000
Average total operating assets = $280,000
Controllable margin for the year = ?
Computation of Controllable margin for the year :
Controllable margin for the year = Contribution margin - Total fixed costs (controllable)
Controllable margin for the year = $140,000 - $100,000
Controllable margin for the year = $40,000
Every new customer at Five Elements Spa is asked to register his or her personal details, which includes the customer's age, purpose of visit, and contact information. With this information, the company regularly keeps in touch with its customers, reminding them of their next appointments, new spa offers, and any other promotions. The database is used to predict a customer's next visit to the spa based on his or her previous visits. It also helps the company design service packages to suit the customer's individual needs. In this scenario, Five Elements Spa is using:_________.
A. customer relationship management.
B. corporate governance.
C. service design prototyping.
D. supply chain management.
E. social audit.
Answer:
A. customer relationship management.
Explanation:
Based on the scenario being described within the question it can be said that in this scenario, Five Elements Spa is using customer relationship management. This refers to an approach of managing a companies various interactions between the company and it's current and future potential customers , with the main goal of retaining the current customers and bringing in newer potential customers. Which is what the company is doing by regularly keeping in touch with their customers.
A monopoly is producing output so that the average total cost is $30, marginal revenue is $40, and the price is $50.
If ATC is at its minimum level and the ATC curve is U-shaped, to maximize profits, this firm should:
A) shut down.
B) increase output.
C) reduce output.
D) do nothing, it is already maximizing profits.
Answer:
B
Explanation:
In this question, we are asked to pick from the options what should serve as the point of action of the firm given the scenario painted in the question;
We proceed as follows;
ATC= 30 $
Marginal revenue(MR)= 40 $
Price(P) =50 $
For efficiency,MC=minimum ATC=30 $
MR =40 > MC=30
For profit maximization, MR =MC
So, firm should raise output ,so that MR falls and becomes equal to MC
So correct option is B.
Answer:
B) increase output
Explanation:
A known rule is that a firm maximizes profit by producing a certain quantity of output where marginal revenue equals marginal cost. For there to be maximized profit, a firm ought to increase it's usage of the input "up to the point where the input's marginal revenue product will equals its marginal costs".
All other things unchanged, a general decrease in the amount of government borrowing will typically: a increase interest rates. b reduce the supply of loanable funds. c raise the level of demand for loanable funds. d have no effect on the demand for loanable funds. e shift the loanable funds demand curve to the left.
Answer:
The answer is option B) a general decrease in the amount of government borrowing will typically reduce the supply of loanable funds.
Explanation:
When government decides to borrow, one of the ways they achieve this is by issuing debt in the form of bonds to raise money. They offer attractive interest rates to the public to increase participation and the monies paid in as investment will constitute loanable funds.
However, if there is a general decrease in the amount of government borrowing, there might reduce the incentives and when this happens, people are less enthusiastic about buying bonds.
This scenario will reduce the supply of loanable funds that would have been collated from the citizens investment.
a guitar manufacturing company, launched 1000 high-quality, limited-edition guitars worldwide at a premium price of $10,000 per guitar. The company offered the lower-priced version of the same guitar after the first 1000 limited-edition guitars were sold out. In the context of pricing strategies, it can be concluded that Timber Guitars has adopted the strategy of _____.
Answer:
skimming prices
Explanation:
Based on the scenario being described it can be said that it can be concluded that Timber Guitars has adopted the strategy of skimming prices. This is a a pricing strategy in which a company or marketer sets a relatively high starting price for their products in the beginning of introducing it into the market, then only after some time has passed do they begin to lower prices slowly. Which is what Timber Guitars has done by placing the guitar at a very high price and only lowering it after a good quantity were sold.
On January 1, 2019, Coopers Industries bought a parcel of land for use in its operations by paying the seller $100,000 in cash and signing a 5-year, 12 percent note payable in the amount of $400,000. In connection with the purchase of the land, Coopers incurred legal fees of $19,000, a real estate agent sales commission of $25,000, surveying fees of $1,000, and an appraisal fee of $5,000. The acquisition cost of the land is:___________
A. $131,000
B. $150,000
C. $531,000
D. $550,000
Answer:
D. $550,000
Explanation:
The computation of the cost of the land is shown below:
= Cash paid + note payable signed + legal fees incurred + real estate agent sales commission + surveying fees + an appraisal fee
= $100,000 + $400,000 + $19,000 + $25,000 + $1,000 + $5,000
= $550,000
For computing the cost of the land we simply added all the items given in the question
The total acquisition cost of the land for Coopers Industries is $550,000, which includes the initial cash payment, the note payable, and all associated legal fees, commission, surveying, and appraisal costs.
The acquisition cost of the land for Coopers Industries includes the cash paid to the seller, the value of the note payable, and all additional fees incurred in purchasing the land. The formula to calculate the acquisition cost is:
Cash paid to the sellerPlus: Value of note payablePlus: Legal feesPlus: Real estate agent's commissionPlus: Surveying feesPlus: Appraisal feeAdding these amounts gives us:
$100,000 (cash) + $400,000 (note payable) + $19,000 (legal fees) + $25,000 (commission) + $1,000 (surveying) + $5,000 (appraisal) = $550,000
Therefore, the correct answer is D. $550,000.
In France, fine dressmaking and tailoring have been a tradition predating Queen Marie Antoinette. Cloth manufacturers, design school, craft apprenticeship programs, modeling agencies, and so forth, all exist to supply the clothing industry. This is an example of _______________ in Porter's national competitive advantage model.
Answer:
Related and supporting industries
Explanation:
In France, fine dressmaking and tailoring have been a tradition predating Queen Marie Antoinette. Cloth manufacturers, design school, craft apprenticeship programs, modeling agencies, and so forth, all exist to supply the clothing industry. This is an example of Related and supporting industries in Porter's national competitive advantage model.
Related and supporting industries is one of Porter's national diamond determinants.
Suppose that Abdul opens a coffee shop. He receives a loan from a bank for $100,000. He withdraws $50,000 from his personal savings account. The interest rate on the loan is 8%, and the interest rate on his savings account is 2%.
What is Abdul's implicit cost?
Answer:
The correct answer is $1,000.
Explanation:
According to the scenario, the computation of the given data are as follows:
Receives a loan = $100,000
Withdraws = $50,000
Interest rate = 2%
So, we can calculate the implicit cost by using following formula:
Implicit cost = Withdrawal amount × Tax rate
By putting the value, we get
Implicit cost = $50,000 × 2%
= $1,000
The Internet raises the bargaining power of customers by: A. reating new opportunities for building loyal customer bases. B. making more products available. C. making information available to everyone. D. lowering transaction costs.
Answer:
C. making information available to everyone.
Explanation:
The Internet raises the bargaining power of customers by making information available to everyone. The reason for this is that the bargaining power is the degree of influence customers have to force businesses to provide better products and lower price and the internet allows everyone to have access to lot of information which helps customers to learn about features, prices, differences in products and substitutes and this helps the customers to be educated and be sensitive about the price of the products increasing the bargaining power they have.
Compared to the rental of hotel guest rooms, most F&B operations generate less revenue,
A. Fewer complaints , and more profits
B. Fewer complaints, and fewer profits
C. More complaints, and fewer profits
D. More complaints, and more profits
Tyler is completing a balance sheet for his home improvement company. He must include the amounts he owes to suppliers for lumber, tools, equipment, and other materials that he purchased with credit. These liabilities are called_________.A. accrued expenses.B. accounts receivable.C. inventory.D. accounts payable.E. current liabilities.
Answer:
Accounts payable
Explanation:
Accounts payable can be defined as debts that are incurred when goods are bought on credit. Account payable is a type of debt which needs to be paid back to the creditor within a short period of time.
Account payable can also be described as the amount of money owed by an individual or an organization to a supplier of goods and services.
Tyler has incurred a debt because he has bought lumber, tools, equipment, and other materials for his home improvement company.
Initially, a perfectly competitive industry that has 1,000 firms is in long-run equilibrium. Then 100 firms in the industry adopt a new technology that reduces the average cost of producing the good. In the short run, the price ________, firms with the new technology make ________ economic profit, and firms with the old technology ________.
Answer:
B. falls; positive economic; incur economic losses
Explanation: A perfectly Competitive industry is a collection of firms who are producing similar products,these firms are known as price takers as the pressure from the market forces and other impacts that causes an change in price will affect them easily as they will have to take the price even when it is not favourable to their business, this is done in order to remain competitive and relevant in the market.
Look at Ivan's check register. Ivan spent $158.29 on groceries. He then transferred $250 to his savings account.
Check
Date
bet
+
001
Transaction
Open Account
123 Flowers
Paycheck
Groceries
Transf
(+) Deposit Balance
500.00
4 67.25
318.54 785.79
32.
75
on
w
IN
2/7
2/13
2/18
2/19
IO
o XXL
002
lalo
Tol
IWI
1
The letter
The letter
represents where the amount of $158.29 should be written.
represents where the amount of $250 should be written
Answer:
(1)=A (2)=D
i just need to fill up this space to answer~
The $158.29 Ivan spent on groceries and the $250 he transferred to his savings account should both be noted in the 'Transaction' column of the Check register. The former should be next to 'Groceries', while the latter should be next to 'Transf'.
Explanation:In a check register, when money is spent, it is entered into the 'Transaction' column. The amount of $158.29 Ivan spent on groceries should therefore be entered in the 'Transaction' column next to the word 'Groceries'. When money is transferred to savings, this is also a transaction and should be entered in the same column. Therefore, the amount of $250 Ivan transferred to his savings account should be entered in the 'Transaction' column next to 'Transf' (short for Transfer).
Learn more about Check Register here:https://brainly.com/question/34188034
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Is it really necessary for service firms to engage in research and development? In planning for production and operations control?
Answer:
Yes it is very necessary to avoid plunging into a mess of bankruptcy. Every business needs to be planned before venturing into, and if a clear process is not observed then there is a huge danger by the corner.
Give brief definitions of the following concepts: Game theory, cooperative equilibrium, noneooperative equilibrium, dominant strategy, and Nash equilibrium, and price leadership. To do this, identify the definition for each term from the following list.
1 Actions taken by a firm to achieve a goal, such as maximizing profits.
2 The study of how people make decisions where attaining goals depends on interactions with others.
3 A table that shows the payoffs each firm earns from every combination of firm strategies.
4 An agreement among firms to charge the same price or otherwise not to compete.
5 A strategy that is the best for a firm, no matter what strategies other firms use.
6. A situation in which each firm chooses the best strategy given the strategies chosen by other firms.
7. A game outcome in which players seek to increase their mutual payoff.
8. A game outcome in which players pursue their own self-interest.
9. A situation in which no player can make himself better off by changing his decision at any decision node.
10. A situation where one firm announces a price change, which is matched by other firms in the industry.
a. Game theory:______
b. Cooperative equilibrium:_______
c. Noncooperative equilibrium:_______
d. Dominant strategy:______
e. Nash equilibrium:______
f. Price leadership:_________
Answer:
Explanation:
Give brief definitions of the following concepts: Game theory, cooperative equilibrium, noncooperative equilibrium, dominant strategy, and Nash equilibrium, and price leadership.
To do this, identify the definition for each term from the following list.
1 Actions taken by a firm to achieve a goal, such as maximizing profits.
2 The study of how people make decisions where attaining goals depends on interactions with others. Game theory
3 A table that shows the payoffs each firm earns from every combination of firm strategies.
4 An agreement among firms to charge the same price or otherwise not to compete.
5 A strategy that is the best for a firm, no matter what strategies other firms use. Doninant strategy
6. A situation in which each firm chooses the best strategy, given the strategies chosen by other firms. Nash equilibrum
7. A game outcome in which players seek to increase their mutual payoff. Cooperative equilibrum
8. A game outcome in which players pursue their own self-interest. Non cooperative equilibrum
9. A situation in which no player can make himself better off by changing his decision at any decision node.
10. A situation where one firm announces a price change, which is matched by other firms in the industry. Price leadership
A company incurred costs to fulfill a contract that has a four-year life. The costs are a direct result of the contract and would not have been incurred had the contract not existed. How should the costs to fulfill the contract be accounted for:
Answer:
Recorded as an asset and amortized over four years.
Explanation:
When a company incurs a long term cost on a project or in the purchase of an asset.it usually amortised it and recognises it over a number of years.
This is done to reduce the expense in just one year. The expense is spread out so it does not affect profits.
In this instance the cost is recorded as an asset and amortized over four years.
Final answer:
Expenses directly related to a multi-year contract should be recognized over the life of the contract to match the incurred costs with the generated revenues, according to GAAP's matching principle. Fixed costs are spread out over time and sunk costs are not considered for future decisions. Costs related to contracts are treated as assets and expensed over the term of the contract using the six-step method of cost accounting.
Explanation:
The costs incurred to fulfill a contract that has a multi-year life should be accounted for based on the matching principle of Generally Accepted Accounting Principles (GAAP). The matching principle dictates that expenses should be recognized in the same period as the revenues they help to generate. Therefore, if a company incurs costs directly related to a contract, these costs should be spread out over the life of the contract, aligning with the revenue recognition.
Fixed Costs, such as the lease payments for equipment or a warehouse, are recognized over time, regardless of the company's level of production. In contrast, sunk costs are not taken into account for future business decisions once they have been incurred, as they cannot be recovered. When we discuss recoverable costs, it relates to assets that can be resold, where the initial cost may be recouped in the future.
When a company acquires assets or incurs other direct costs due to a contract, these are reflected on the balance sheet as assets and expensed over the contract's term according to the six-step method prescribed by cost accountants. According to this method, to accurately measure the full cost of a service or product, one must first define the cost object, which in this case, is the contract.
Which of the following statements are true? I) Holding other things constant, the duration of a bond decreases with time to maturity. II) Given time to maturity, the duration of a zero-coupon increases with yield to maturity. III). Given time to maturity and yield to maturity, the duration of a bond is higher when the coupon rate is lower. IV) Duration is a better measure of price sensitivity to interest-rate changes than is time to maturity.
Answer:
III). Given time to maturity and yield to maturity, the duration of a bond is higher when the coupon rate is lower.
Explanation:
Duration and convexity are two items associated with the management of the risk exposure concerned with fixed-income investments.
Duration is used to check the reaction of the bond in terms of interest rates change. Convexity, on the other hand, is concerned with the correlation between the price of a bond and its yield in connection to the change in interest rates.
A bond's duration is lower when its coupon rate is higher and vice versa because of the influence of a coupon payment being high when made early.