Answer:
1. Open Market Operations - A central bank purchasing existing bonds.
2. Reserve Requirement - An increase in the percentage of deposits that banks must keep on hand.
3. Discount Rate - An increase in the interest rate that a central bank charges commercial banks for loans.
Therefore, a government printing more currency or an increase in government spending, both are not a part of any monetary policy tools provided.
Open Market Operations (corresponding to the central bank purchasing existing bonds), Reserve Requirement (increasing the percentage of deposits banks must keep on hand), and Discount Rate (linked to the interest rate the central bank charges commercial banks for loans), are policies used by central banks to control the money supply.
Explanation:1. Open Market Operations corresponds with option E. 'A central bank purchasing existing bonds.' These operations involve a central bank buying and selling government bonds to influence the money supply. If they purchase bonds, this injects money into the economy, increasing the money supply.
2. Reserve Requirement can be matched with option B. 'An increase in the percentage of deposits that banks must keep on hand.' By changing the reserve requirements, the central bank adjusts how much money the banks can lend, influencing the money supply. A higher reserve requirement decreases the money supply as banks have less to lend out.
3. Discount Rate is related to option C. 'An increase in the interest rate that a central bank charges commercial banks for loans.' The discount rate is the interest rate at which commercial banks can borrow money from the central bank. A higher discount rate makes borrowing money more costly, resulting in less borrowing and a decrease in money supply.
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It takes Juan 1 hour to wash a car and 2 hours to wax it. Maria, on the other hand, takes 1 hour to wash a car and half an hour to wax it. If they divide the work, _______ would specialize in washing since his/her opportunity cost is _________ for that activity.
Answer: Juan; Lower
Explanation:
One can do the work in which it has a comparative advantage. If one person has the lower opportunity cost of doing some work than the other person then he would specialize in that activity.
Here,
Juan opportunity cost of washing a car = [tex]\frac{1}{2}[/tex]
= 0.5 car waxed
This means that the opportunity cost of washing a car is being able to wax 0.5 car.
Maria opportunity cost of washing a car = [tex]\frac{1}{0.5}[/tex]
= 2 cars waxed
This means that the opportunity cost of washing a car is being able to wax 2 cars.
Therefore, the opportunity cost of washing a car is lower for Juan. So, Juan would specialize in washing.
nyle Corp. owned 100 shares of Beta Corp. stock that it bought in 1993 for $9 per share. In 2014, when the fair market value of the Beta stock was $20 per share, Nyle distributed this stock to a noncorporate shareholder. Nyle's recognized gain on this distribution was:
Answer:
$1100.
Explanation:
We have been given that Nyle Corp. owned 100 shares of Beta Corp. stock that it bought in 1993 for $9 per share. In 2014, when the fair market value of the Beta stock was $20 per share.
Nyle's recognized gain on this distribution would be:
[tex]\text{Value of 100 share at a rate of }\$20\text{ per share }-\text{Value of 100 share at a rate of }\$9\text{ per share}[/tex]
[tex]\$20\times100-\$9\times 100=100(\$20-\$9)=100(\$11)=\$1100[/tex]
Therefore, Nyle's recognized gain on this distribution was $1100.
Suppose that the only café in town can sell five fish dinners per night at a price of $10 each. If this monopoly firm wants to sell six fish dinners, it must reduce the price to $9 each. When the business pursues this strategy to increase sales, the marginal revenue from the sixth dinner sold is:
a. $4.
b. $54.
c. $9.
d. $50.
Answer:
a.$4
Explanation:
initial price of fish dinner per piece was= $10
no. of fish dinner sold = 5
total initial revenue= 5*10= $50
new price of fish dinner = $9
and now six fish dinners are sold
new revenue= 6*9= $54
therefore the marginal revenue from the sixth dinner sold= 54-50= $4
hence option a is correct
A logical process of investigation includes:
a. interrogating witnesses, taking numerous photos at the scene of the crime, interviewing the suspect, and taking accurate notes of the process.
b. developing, arresting, and prosecuting a suspect.
c. obtaining physical evidence legally, effectively interviewing witnesses, legally and effectively interrogating suspects, thoroughly developing leads, and recording all details.
d. delegating assigned tasks, deciding who completes the initial investigation, and then turning the work over to the supervisor.
Answer:
c. obtaining physical evidence legally, effectively interviewing witnesses, legally and effectively interrogating suspects, thoroughly developing leads, and recording all details.
Explanation:
A logical process of inquiry refers to a process of structuring thought according to the norms of logic that allows one to reach a certain conclusion or solve a problem. This type of process requires awareness and thought organization, and includes legally obtaining physical evidence, effectively interviewing witnesses, legally and effectively questioning suspects, thoroughly developing leads, and recording all details.
The logical process of investigation in a legal context, best described by option c, mirrors the structure of the scientific method, requiring evidence to be gathered and analyzed legally and systematically.
Explanation:The question posed concerns the logical process of investigation in legal contexts. The best answer is c. obtaining physical evidence legally, effectively interviewing witnesses, legally and effectively interrogating suspects, thoroughly developing leads, and recording all details. This encompasses several key steps inherent in a methodical investigative process that aligns with legal standards and the pursuit of justice, comparable to the scientific method used in scientific inquiries, where observations lead to questions, formulation of hypotheses, testing, and conclusive analysis.
In the context of law enforcement and legal proceedings, investigations must adhere to strict legal guidelines to ensure the admissibility of evidence and to protect the rights of all parties involved. This rigorous process mirrors scientific investigations in its systematic approach to gathering and analyzing data to reach a well-supported conclusion.
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Suppose that Congress enacts a significant tax cut with the expectation that this action will stimulate aggregate demand and push up real GDP in the short run. In fact, however, neither real GDP nor the price level changes significantly as a result of the tax cut. This outcome can be explained by all of the following, except one. Which one of the following is the exception? A. The Ricardian Equivalence Theorem. B. Indirect crowding out. C. Automatic stabilizers. D. The Fed's contractionary monetary policy.
Answer:
C.
Explanation:
Automatic stabilizers are line items that automatically move the budget balance toward deficit when the output gap is negative and toward surplus when it is positive, even if there are no changes in tax or spending laws.
For example, income tax revenue increase when the economy expands, pushing the balance toward surplus. Or, unemployment benefits increase when the economy is in recession, pushing the balance into deficit.
By adding to aggregate demand during downtums, automatic stabilizers moderate the business cycle.
Why is supply chain planning such an important activity? Because it helps managers improve flows and control cost Because it makes the supply chain reactive and unstable Because it guarantees forecasting and inventory accuracy Because it provides "just-in-case" inventory and excess capacity
Answer:
Because it helps managers improve flows and control cost.
Explanation:
A supply chain is almost never perfect. Actually, it is more likely to be unstable and unorganized making the whole process inefficient. In order to prevent this, there are supply chain planners that are responsible for controlling inventory levels, forecasting sales and demand and, in general, optimizing the process of taking the goods from production all the way to the final customer.
It is unlikely that a company can eliminate all uncertainty and guarantee accuracy in the forecasts and inventory. But it is an essential tool in order to have a better control of costs and flow of the information, financial resources and of course, the products.
Otto’s Tune-Up Shop follows the revenue recognition principle. Otto services a car on August 31. The customer picks up the vehicle on September 1 and mails the payment to Otto on September 5. Otto receives the check in the mail on September 6. When should Otto show that the revenue was recognized?
Answer:
August 31.
Explanation:
The revenue recognition principle guides accountants when to record revenues and the amount of revenue to record. Recording in accounting means to make an entry in the journal.
According to revenue principle, accountants should record revenue when it has been earned. This means when the service is provided, when the product is delivered, when company has completed the sale agreement (earnings process is complete).
The amount of revenue that should be recorded, is the value of the service or product transferred to consumer.
In this case, Otto services a car on August 31.
Which of the following is correct concerning recessions?
a. They are associated with comparatively large increases in investment spending.
b. They tend to be associated with rising unemployment rates.
c. They come at fairly regular and predictable intervals.
d. They are any period when real GDP growth is less than average.
Answer:
The answer is B They tend to be associated with rising unemployment rates.
Explanation:
Recessions are defined in economics as to consecutive quarters where real GDP is negative. So there must be two periods of comparison so D is not true as is not compared with average GDP. Recession are not predictable and can be associated to undetermined or nation wide events difficult to predict like war or falls of stock exchanges markets. In contrary, investment tends to decline and not increase in recessions as capital flows of investors tend to leave the country to other non risky assets. outside. However, as production is lower also the demand of labor by companies tends to be lower also , which produces generally higher levels of unemployment.
Each customer entering a department store will either buy or not buy some merchandise. An experiment consists of following 4 customers and determining whether or not they purchase any merchandise. How many sample points exist in the above experiment? (Note that each customer is either a purchaser or non-purchaser.)
A. 2B. 4C. 6D. 8E. none of the above
The experiment consists of following 4 customers and determining whether or not they purchase any merchandise. The total number of sample points is 14.
Explanation:To determine the number of sample points in the experiment, we need to consider the number of options each customer has: to buy or not to buy. For each customer, there are 2 possible outcomes. Since there are 4 customers in total, the total number of sample points is equal to 2 multiplied by itself 4 times, which is 2^4 = 16.
However, we need to remember that each customer can either buy or not buy, so the sample points that represent all customers not buying any merchandise or all customers buying merchandise are not possible. Therefore, we subtract these two unrealistic scenarios from the total number of sample points, giving us 16 - 2 = 14.
Therefore, there are 14 sample points in the above experiment. So, the correct answer is E. none of the above.
Let p = the price in dollars charged for the dose of a drug. Suppose that the annual demand (in millions of doses) = 1000 - 3p. The annual supply (in millions of doses) = 600 + 2p. The annual supply will equal the annual demand if the price of a dose is ______ dollars.
Answer:
The price of a dose should be 80 dollars for the annual suply to be equal to the annual demand
Explanation:
We have the following variabels
Annual demand = 1000-3p
Annual supply = 600 + 2p
To know the price we should equal the supply and the demand
Annual supply = Annual demand Replace the equations in the variables
600 + 2p = 1000 - 3p Clear p in the equation
2p + 3p = 1000 - 600
5p = 400
[tex]p = \frac{400}{5}[/tex]
p = 80
The price of a dose should be 80 dollars for the annual suply to be equal to the annual demand
What factors into the opportunity cost for a decision? time spent due to the decision the sum of all benefits from all foregone alternatives benefits from the best foregone alternative the difference between the benefits of the first and second best choices actual financial cost of the decision
Opportunity cost is calculated primarily from the benefits of the next best foregone alternative when a decision is made. The concept considers the highest value forgone option when a choice is made. Financial cost and time spent can also factor in.
Explanation:The opportunity cost for a decision primarily involves considering the benefits from the next best alternative that is forgone when a choice is made. This is the highest value option that is not chosen. In addition, other factors can factor into opportunity cost, including the actual financial cost of the decision, the time spent due to the decision, and potentially the sum of benefits from all foregone alternatives. However, these additional factors are typically secondary, as the concept of opportunity cost is meant to capture the value of the single best alternative forgone.
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Jones Company uses the weighted-average method in its process costing system. The Finishing Department started the month with 400 units in process that were 70% complete, receiving 2,500 units from the Cutting Department. Jones Company had 200 units in process at the end of the period that are 40% complete. All materials are added at the beginning of the process and conversion is added uniformly. From the Finishing Department, units are transferred to Finished Goods. How many units were completed and transferred out of the Finishing Department?
Answer:
Units Completed and Transferred: 2,700
Explanation:
Units Completed and Transferred: Beginning Units in Process + Units Received - Ending Units in Process
Beginning Units in Process: 400
Units Received: 2,500
Ending Units in Process: (200)
Units Completed and Transferred: 2,700
Even though the nation faces political instability, the island of Frollik with its wide, expansive beaches is a destination hub for cruise lines. Recently, a large theme park company showed strong interest in buying land in Frollik with the intent of building a park targeted toward families. The company wants to make a commitment to Frollik, including the hiring of several hundred local employees. They’re using a global marketing strategy called ____________.
Answer:
The correct answer is foreign direct investment.
Explanation:
Foreign Direct Investment (FDI) consists of the capital investment by a natural person or a legal entity (institutions and public companies, private companies, etc.) in a foreign country. In the country of destination, this capital inflow can be made through the creation of new production plants or the participation in companies already established to form a subsidiary of the investment company. According to the OECD, FDI aims to exercise long-term control over the acquired or investee company, and the criteria established to define it is that the property acquired by the parent company be at least 10% of the subsidiary.
Suppose that each firm in an industry has a total cost curve given by TC = 7,000 + 50Q. The lowest average total cost of producing 1,000 units of output occurs when:
a. one firm produces all 1,000 units of output.
b. four firms each produce 250 units of output.
c. 10 firms each produce 100 units of output.
d. two firms each produce 500 units of output.
Answer:
The correct answer is a. one firm produces all 1,000 units of output.
Explanation:
The total cost TC to calculate the accounting equilibrium point PE considers the fixed costs FC that have no dependence on the quantity produced Q and the total variable costs CVT that depend on the quantity produced Q.
For example, a producer will pay the same amount for rent regardless of the amount he produces, but will incur a cost for raw materials that will vary according to the number of units produced.
The fixed costs do not depend on the volume of production, however, the variable costs do depend on the volume or level of production.
Pham can work as many or as few hours as she wants at the college bookstore for $9 per hour. But due to her hectic schedule, she has just 15 hours per week that she can spend working at either the bookstore or at other potential jobs. One potential job, at a caf�, will pay her $12 per hour for up to 6 hours per week. She has another job offer at a garage that will pay her $10 an hour for up to 5 hours per week. And she has a potential job at a daycare center that will pay her $8.50 per hour for as many hours as she can work. If her goal is to maximize the amount of money she can make each week, how many hours will she work at the bookstore?
To maximize her income, Pham should work 6 hours at the café, 5 hours at the garage, and 4 hours at the bookstore.
Explanation:To maximize her weekly income, Pham should take the jobs that pay the most per hour first. Given the constraints, she should first work at the café for $12 per hour for 6 hours, earning $72. She should then work at the garage for $10 per hour for 5 hours, earning $50. This uses up 11 of her available 15 hours, leaving her with 4 hours to work at the bookstore at $9 per hour, earning $36. Therefore, Pham should work 4 hours at the bookstore to maximize her weekly income.
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Celene told her coworker, "I'm glad Jin will be working with us on our project. Because he is Asian, he can create the budget because Asians are whizzes with math." Celene's statement is an example of _______________.
Answer:
stereotyping
Explanation:
According to my research on studies conducted by various sociologists, I can say that based on the information provided within the question Celene's statement is an example of stereotyping. This term refers to an belief generalizing a particular category of people, usually based on their personality, preferences, or abilities, believing that every individual in that category is the same in regards to those aspects. In this case that generalization is that all Asians are good with math.
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Lava lake inc bottles and distributes spring water. om February 11 of the current year.Lava lake required 180,000 shares of common stock at$17 per share. on April 30th lava lake inc.sold 90,000 of reacquired shares at $20 per share. on August 22nd lava lnc sold 30,000 shares at $15 per share.
a. journalize the transactions of February 11,April 30 and August 22.
b. what is the balance in paid in capital from sale
treasury stock on December 31 of the current year?
c. for what reason might lava lake inc have purchased the treasury stock?
The three transactions are recorded with debits and credits to treasury stock and paid-in capital. By the end of the year, the paid-in capital from the sale of treasury stock is $210,000. Lava lake may have bought back its own shares to manipulate its stock price, distribute to employees, or use in acquisitions.
Explanation:The transactions are recorded as follows:
February 11: Lava lake purchased 180,000 shares of own stock at $17 per share. This will be debited to treasury stock for $3,060,000 (180,000 * $17).April 30: Lava lake sold 90,000 shares of treasury stock at $20 per share. The difference between cost and selling price, that is, $3 per share, will be credited to paid-in capital from treasury stock. Therefore, the entry is: Debit to Cash for $1,800,000 (90,000 * $20), Credit to Treasury Stock for $1,530,000 (90,000 * $17), and Credit to Paid-in Capital from Treasury Stock for $270,000 (90,000 * $3).August 22: Lava lake sold 30,000 shares of treasury stock at $15 per share. Since these shares were sold below cost, the difference here, that is, $2 per share, will be debited from the Paid-in Capital from Treasury Stock. Therefore, the entry is: Debit to Cash for $450,000 (30,000 * $15), Credit to Treasury Stock for $510,000 (30,000 * $17), and Debit to Paid-in Capital from Treasury Stock for $60,000 (30,000 * $2).For b., the balance in paid-in capital from sale of treasury stock on December 31 of the current year would be $210,000. This is calculated as follows: Beginning balance of $0 + $270,000 from April 30 sale - $60,000 from August 22 sale.
c. Lava lake might have repurchased its shares for a number of reasons: To increase its stock price by reducing the number of outstanding shares, to have shares on hand to distribute to employees under stock bonus plans or to use in future corporate acquisitions.
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a.
- Feb 11: Treasury Stock 3,060,000 / Cash 3,060,000
- Apr 30: Cash 1,800,000 / Treasury Stock 1,530,000 / Paid-in Capital 270,000
- Aug 22: Cash 450,000 / Paid-in Capital 60,000 / Treasury Stock 510,000
b. $210,000
c. Increase EPS, employee compensation, prevent takeovers, return capital, increase stock price.
a. Journalize the transactions:
1. February 11:
Dr Cash $3,060,000 (180,000 shares x $17 per share)
Cr Common Stock $3,060,000
- Issued 180,000 shares of common stock at $17 per share.
2. April 30:
Dr Cash $1,800,000 (90,000 shares x $20 per share)
Dr Treasury Stock $1,530,000 (90,000 shares x $17 per share)
Cr Common Stock $3,060,000
- Sold 90,000 reacquired shares at $20 per share.
- Removed the treasury stock at its cost ($17 per share).
3. August 22:
Dr Cash $450,000 (30,000 shares x $15 per share)
Cr Common Stock $450,000
- Sold 30,000 shares at $15 per share.
b. Balance in Paid-in Capital from Sale of Treasury Stock on December 31:
To calculate the balance in paid-in capital from the sale of treasury stock on December 31, we need to determine the net effect of the treasury stock transactions:
- Initial sale of 180,000 shares at $17 per share: $3,060,000 (credited to Common Stock)
- Sale of 90,000 reacquired shares at $20 per share: $1,800,000 (debited to Cash) and $1,530,000 (credited to Treasury Stock)
- Sale of 30,000 shares at $15 per share: $450,000 (credited to Common Stock)
Net effect on Common Stock: $3,060,000 - $450,000 = $2,610,000
Net effect on Treasury Stock: $1,530,000
Therefore, the balance in Paid-in Capital from Sale of Treasury Stock on December 31 is $1,530,000.
c. Reasons for purchasing treasury stock:
1. Market Support: Purchasing treasury stock can provide support to the stock price by reducing the supply of outstanding shares in the market.
2. Investment Opportunity: The company may view its stock as undervalued and purchasing treasury stock can be seen as an investment in the company's own shares.
3. Employee Stock Options: To have shares available for employee stock option plans or other equity-based compensation programs.
4. Corporate Restructuring: As part of a strategic restructuring or merger, the company may repurchase shares to adjust its capital structure.
5. Earnings Per Share (EPS) Enhancement: By reducing the number of outstanding shares, EPS can be increased, which may be favorable to shareholders.
6. Signal of Confidence: Repurchasing shares can signal confidence in the company's financial health and future prospects to investors.
Which of the following will shift the supply curve to the left?
a. An increase in the price of inputs to production.
b. A change in consumer tastes and preferences.
d. Government deregulation of production.
Answer:
The correct answer is option a.
Explanation:
An increase in the price of inputs of production will cause an increase in the cost of production. The firm will now be able to produce less at the same cost.
As a result, the supply of the commodity will decline. this causes the supply curve to shift to the left further causing an increase in the price of the product.
Final answer:
An increase in the price of inputs to production will shift the supply curve to the left because it raises the costs for producers and decreases the quantity they are willing to supply at each price level. Hence, the correct option is A.
Explanation:
The question asks which factor will shift the supply curve to the left. The correct answer is: a. An increase in the price of inputs to production. This is because when the cost of inputs for creating a product goes up, it becomes more expensive for companies to make the same amount of product. As a result, the quantity that suppliers are willing to supply at each price level will decrease, which is represented by a leftward shift in the supply curve. This will likely lead to a decrease in the equilibrium quantity and an increase in the equilibrium price.
Factors like a change in consumer tastes and preferences and government deregulation of production usually affect the demand curve or supply curve differently. Changes in consumer preferences would typically cause the demand curve to shift, not the supply curve. Similarly, government deregulation often aims to simplify the production process, potentially leading to a rightward shift in the supply curve as it may lower costs or remove barriers, which is the opposite of the question's scenario.
Which of the following statements is true of workbench memory? a.It has unlimited duration.b.It is considered to be preattentive.c.It uses semantic coding to store information.d.It has limited capacity.
Answer:
d.It has limited capacity.
Explanation:
workbench memory
It is a storage area in the memory system where the information is stored and encoded for long - term , and can be retrieved for the future use .
The capacity of a workbench memory is limited , hence , a particular amount of data can only be stored for future retrieval .
Hence , the correct statement for workbench memory is ( d ) .
Taunton's is an all-equity firm that has 159,000 shares of stock outstanding. The CFO is considering borrowing $329,000 at 8 percent interest to repurchase 28,000 shares. Ignoring taxes, what is the value of the firm?
Answer:
$1,868,250
Explanation:
Given:
Outstanding stocks = 159,000 shares
The CFO is considering borrowing = $329,000
Interest rate = 8%
Shares repurchase = 28,000
Now,
Price per share = [tex]\frac{\textup{329,000}}{\textup{28,000}}[/tex]
or
Price per share = $11.75
Thus,
value of the firm = Outstanding stocks × Price per share
or
value of the firm = 159,000 × $11.75
or
value of the firm = $1,868,250
To calculate the value of the firm, we need to consider the number of outstanding shares and the amount of debt taken on to repurchase the shares. The value of the firm is the sum of its equity and debt. The value of the firm is $1,867,250.
Explanation:To calculate the value of the firm, we need to consider the number of outstanding shares and the amount of debt taken on to repurchase the shares. The value of the firm is the sum of its equity and debt. In this case, the number of outstanding shares is 159,000, and 28,000 shares are being repurchased. So, the new number of outstanding shares would be 159,000 - 28,000 = 131,000 shares. The value of the firm can be calculated as the market price per share multiplied by the number of shares, plus the amount of debt taken on.
The market price per share can be found by dividing the amount borrowed by the number of shares repurchased: $329,000 / 28,000 = $11.75 per share. The value of the equity is then calculated as the market price per share multiplied by the new number of outstanding shares: $11.75 * 131,000 = $1,538,250. The value of the firm is the sum of the equity and the debt: $1,538,250 + $329,000 = $1,867,250.
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Suppose the Pleasant Corporation cuts the price of its American Girl dolls by 10 percent, and as a result, the quantity of the dolls sold increases by 25 percent. This indicates that the price elasticity of demand for the dolls over this range is:a. 2.5b. 0.4c. 0.5d. 5
Answer:
option (a) 2.5
Explanation:
Given:
Price cuts of dolls = 10 percent
Quantity of the dolls sold increases = 25 percent
Now,
Price elasticity of demand for dolls = [tex]\frac{\textup{Percentage change in Quantity sold}}{\textup{Percentage change in Price}}[/tex]
on substituting the respective values, we get
Price elasticity of demand for dolls = [tex]\frac25}{10}[/tex]
or
Price elasticity of demand for dolls = 2.5
Hence, the correct answer is option (a) 2.5
A company approves a large capital investment and implements a global computer system (for example, an Enterprise Resource Planning system such as SAP). This decision is ___________ element of their strategy.
Answer:
Structural
Explanation:
Due to supporting process and deeply infrastructure technology ERPs (Enterprise Resource Planning) are pillars that support all ongoing core and management process by providing all resources, information, energy and everything that is needed to produce value (products, services and projects) as part of the principal goal of any company.
Economic models are:
A. simplified versions of reality designed to analyze "what is" to explain human decision making in a business context.
B. complex mathematical formulas designed to forecast future economic events such as inflation.
C. simplified versions of reality designed to analyze "what is" to explain human decision making in any context.
D. simplified versions of reality designed to analyze "what ought to be" to help the government improve outcomes. E.
Answer:
B.
Explanation:
This is quite a trick question. Because no matter how complex the mathematical formula gets, and it can get really complex, an economic model IS a simplified version of reality.
But B is the most acurate because it's the more general, "forecast future economic events" can be broad set of things,
Some times it models decision making, some time it doesn't. Some times models "what is" and some times "what ought to be".
Ergonomic Corporation convenes its employees for its managers to announce (1) a new company-wide ethical code of conduct, (2) an ad campaign to publicize the new code, and (3) the discharge of employees who do not adhere to the code. One of the most effective ways to set a tone of ethical behavior within a business organization is
Answer:
to create an ethical code of conduct
Explanation:
A code of ethics and professional conduct outlines the ethical principles that govern decisions and behavior at a company or organization. They give general outlines of how employees should behave, as well as specific guidance for handling issues like harassment, safety, and conflicts of interest
Mary buys cell-phone services from a company that charges $30 per month. For that $30 she is allowed 600 minutes of free calls and then pays 25 cents per minute for any calls above 600 minutes. Mary has used 300 minutes this month so far. What is her marginal cost per minute of making two more calls lasting 10 minutes each?
Answer:
Zero
Explanation:
Given:
Per month charges = $30
Free minutes allowed for calls = 600
Minutes used = 300
Now,
the minutes left = 600 - 300 = 300 minutes
Total minutes of extra calls = 2 × 10 = 20 minutes
since, the additional call minutes are less than the minutes left for free calls, there will be no extra amount charged for the calls made.
Hence, the marginal cost for additional calls will be zero.
You are a junior in high school and have always been fascinated with bridges. You think it would be great to build bridges for a living but have no idea that you should study engineering in college to accomplish this goal. You've decided that it's time to talk to someone who can help you plan for college and give you guidance and the information you need. Who should you talk to?
Answer:
school psychologist
The balance sheet identifies the productive resources (assets) that a firm uses to generate income, as well as the sources of funding from creditors (liabilities) and owners (shareholders' equity) that were used to buy the assets.A) TrueB) False
Answer:
A) True
Explanation:
The Balance Sheet is a snapshot of the financial situation of a company at the end of the accountable period. It shows which productive resources (assets) the company has for the development of its activities and how they are financed. Assets can be financed by external (Obligation with creditors – Liabilities) or internal sources (Issuing equity shares - Shareholders' equity). As every Asset must be financed either or both with Liabilities or Shareholders' equity, in the Balance Sheet, the accountable equation is represented.
Bonds that can be redeemed at par at the option of their holders either at specific date after the date of issue and every 1 to 5 years thereafter or when and if the firm takes specified actions such as being acquired, acquiring another company, or issuing a large amount of additional debt are called ________.
Answer:
putable bond
Explanation:
According to my research on different financial investments, I can say that based on the information provided within the question the term being described is called a puttable bond. Like mentioned in the question this is a bond in which entitles the bondholder to return or redeemed the bond to the issuer on specified dates before its maturity date.
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Destiny and Enzo engage in a business transaction. When a dispute arises, Destiny initiates a lawsuit against Enzo by filing a complaint. If Enzo files a motion to dismiss, he is asserting that
a. Destiny did not state a claim for which relief can be granted.
b. Destiny’s statement of the law is not true.
c. Destiny’s statement of the facts is not true.
d. Enzo suffered greater harm than Destiny.
Answer:
The answer is: A) Destiny did not state a claim for which relief can be granted.
Explanation:
A motion to dismiss is a request made by a party involved a court case (usually the defendant) that seeks to make the court dismiss the case. It can be filed on a variety of grounds based on legal deficiencies. One of the common grounds for filing a motion to dismiss is:
Failure to State a Claim for Which Relief Can Be Granted: A plaintiff must comply with several requirements in order to file a complaint, including a valid cause of action. A motion to dismiss may be granted if the plaintiff fails to adequately allege all of the elements of the claim or if the complaint fails to allege a measurable injury.It costs Orkid Company $17 of variable costs and $3 of fixed costs to produce its product. The company currently has unused capacity. The product sells for $25. Homer Industries offers to purchase 5,000 units at $19 each. In the deal, Orkid will incur special shipping costs of $1.50 per unit. If the special offer is accepted and produced with unused capacity, net income will:
A. increase $2,500.
B. decrease $5,000.
C. increase $10,000.
D. decrease $30,000.
Answer: Option (A) is correct.
Explanation:
Given that,
Variable costs = $17
Fixed costs to produce = $3
Product sells = $25
Homer Industries offers = 5,000 units
Unit selling price = $19
Shipping costs = $1.50 per unit
Net profit = Unit selling price - Variable costs - Shipping costs
= $19 - $17 - $1.50
= $0.50
Total increase in profit = 5000 units × Net profit
= 5,000 × 0.50
= $2,500