Answer:
The correct answer is option c.
Explanation:
A production possibility frontier shows the maximum possible combinations of two goods that an economy can produce using all the available resources. The points below the production possibility frontier show inefficient bundles. The points on the curve show the efficient utilization of resources. The points above the curve show unattainable bundles.
An economy may operate below its production possibility curve because of recessions and inefficiency in production. During recessions or because of productive inefficiency all the available resources are not efficiently utilized.
Selected information from Curl Up and Dye Salon's accounting records and financial statements for 2018 is as follows ($ in millions):
A) Cash paid to acquire equipment $20
B) Treasury stock purchased for cash 22
C) Proceeds from sale of land and buildings 45
D) Gain from the sale of land and buildings 16
E) Investment revenue received 33
F) Cash paid to acquire office equipment 40
On its statement of cash flows, the company should report net cash flows from investing activities of:
A) $15 million net outflow
B) $37 million net outflow
C) $30 million net inflow
D) $1 million net inflow
Answer:
A) $15 million net outflow
Explanation:
The preparation of the cash flows from the investing activities are shown below:
Cash flow from Investing activities
Cash paid to acquire equipment - $20 million
Proceeds from sale of land and buildings $45 million
Cash paid to acquire office equipment -$40 million
Net Cash flow from Investing activities -$15 million
All other transactions are related to the operating activities and financing activities. So, it is not relevant for the computation part. Hence, ignored it
_____ is defined as the quality of a research report that is based on clear and logical thinking, precise expression, and accurate presentation. Group of answer choices
Subjectivity
Generalizability
Desirability
Believability
Objectivity
Final answer:
Objectivity is the quality of a research report based on clear, logical thinking and accurate presentation without bias. It ensures the credibility of the study by preventing misinterpretation of findings. Objective research reports use clear language, correct citations, and compare their findings with previous research.
Explanation:
The quality of a research report that is characterized by clear and logical thinking, precise expression, and accurate presentation is best defined as objectivity. Objectivity in research means that the study is conducted and its findings are presented without any distortion or bias, especially personal bias. This is critical because any form of bias could lead to a misinterpretation of the research findings, therefore impacting the trustworthiness and credibility of the study.
An objective report must demonstrate not only a comprehensive understanding of the research purpose but also a consistent awareness of the audience and community expectations. The language used in an objective report is clear and appropriate, and citations are correctly included to acknowledge sources accurately. Ensuring that methodologies are likely to yield objective data, that sufficient data support the conclusions drawn, and that the work is compared with other pertinent research are all aspects that enhance the objectivity of a research report.
The introduction of a four day week leads to increased productivity particularly among young workers by improving job satisfaction." In this statement, improving job satisfaction is the:A. Independent VariableB. Dependent VariableC. Intervening VariableD. Moderating Variable
Answer:
C. Intervening Variable
Explanation:
Based on the information provided within the question it seems that in this scenario Job satisfaction would be considered an intervening variable. This is a hypothetical variable used in order to explain the cause and effect relationship between two other variables. Which in this case would be the four day week leading to increased productivity. An intervening variable cannot be observed when conducting experiments which is why it is hypothetical.
Lush Lawns, a new landscaping company, uses the same logo and shade of green in all forms of communication including its online ads, truck signage, Web site, and business cards. Which technique is being used by Lush Lawns to promote its business?
A. niche market penetration
B. integrated marketing communications
C. inventory control segmentation
D. global marketing management
E. logistics information management
Answer:
B. integrated marketing communications
Explanation:
Integrated marketing communications refers to a concept in which all the forms of communications used by a company are coordinated in order to be consistent. This can help improve sales and earnings. The technique used by Lush Lawns to promote its business is integrated marketing communications because it is using the same logo and shade of green in all forms of communication which indicates that the company is trying to be consistent through all of them.
Assume that Wizard Internet is operating as a general partnership, what is Caleb's personal tort liability for Anna's actions within the scope of the business?A. Caleb would only be personally responsible for his own actions, not those of Anna.B. Caleb is personally liable only to the point where Anna could not pay damages.C. Since it is a partnership, neither would have personal liability. Only the business itself would have liability.D. Caleb is personally jointly and severally liable along with Anna.
Answer: The correct answer is "D. Caleb is personally jointly and severally liable along with Anna.".
Explanation: Caleb is personally jointly and severally liable along with Anna. When there is joint and several liability, a person has the right to claim payment of a debt or compensation for damage to any of those responsible or even all of them, without anyone being able to excuse themselves to evade their responsibility.
Final answer:
As a general partnership, Caleb would be personally joint and severally liable along with Anna for any tort actions committed by Anna within the scope of the business.
Explanation:
Wizard Internet, operating as a general partnership, would make Caleb personally joint and severally liable along with Anna for any tort actions committed by Anna within the scope of the business. This means that Caleb and Anna would be individually responsible for the full amount of damages, regardless of whether one party can pay or not. Caleb would not be only responsible for his own actions, but also for Anna's actions as a partner in the business.
Phillip owns a large real estate firm. He imparts training to the managers of the firm to help them effectively manage its multiethnic workforce. He places emphasis on being flexible and being able to negotiate and solve problems. The managers also receive training on conflict resolution. In the given scenario, Phillip uses _____.
A. skills-based diversity trainingB. diversity awareness trainingC. supervisory diversity trainingD. readiness-based diversity training
Answer:
A. skills-based diversity training
Explanation:
Based on the information provided within the question it seems that Phillip is using skill based diversity training in this scenario. This refers to a training approach that focuses on dealing with diversity in multiethnic workforces and providing the necessary skills to solve various types of problems within them. Which is exactly what is happening in this situation.
Answer:skills based diversity training
Explanation:
All of the following are considered an appropriate basis of accounting other than GAAP except_________.A. The cash basis of accounting.B. A method based on a contractual agreement.C. The basis of accounting used for tax purposes.D. A projection based on a hypothetical assumption.
Answer:b
Explanation:
Bc I said so
A(n) _____ broadly defines an organization's purpose—what it is seeking to achieve from its activities—identifies what is unique or important about its products to its employees and customers, and also distinguishes or differentiates the organization in some ways from its competitors.
А. businessplan
B.mission statementC.SWOTanalysis
D.general advertisement
E.strategic plan
Answer:
(B) mission statement
Explanation:
A mission statement broadly defines an organization's purpose—what it is seeking to achieve from its activities—identifies what is unique or important about its products to its employees and customers, and also distinguishes or differentiates the organization in some ways from its competitors.
Cainas Cookies had the following information reported for 2015:
Revenues $100,000
Expenses $40,000
Preferred Dividends $10,000
Common Dividends $20,000
Preferred shares outstanding - 10,000 shares, $100 par value
Common shares outstanding - 50,000 shares, $1 par value EPS is:
A. $1.20 per share
B. $1.00 per share
C. $.60 per share
D. $.50 per share
Answer: B. $1.00 per share
Explanation:
Revenue- expenses = profit
$100000 - $40000 =$60000
Profit - pref.shareholder
$60000 - $10000 = $50000
EPS = residual / ordinary shareholding
EPS = $50000/50000shares
EPS = $1
The most common driver for insourcing is to: Group of answer choices
a) Keep employees loyal to the company.
b) Make a system that cannot be bought.
c) Develop internal skill sets.
d) Maintain control over the development of the system.
e) Keep core competencies in-house.
Answer: Option E
Explanation: In simple words, it refers to a strategy under which an organisation takes back the activities that were previously outsourced. In this process, the organisation tires to use their own resources and skills to accomplish those tasks which were previously performed by some other firms.
There are many reasons why organisation go for in sourcing but the main reason is when they want to retain their core competencies to themselves. For example - many luxury automobile manufacturers do not outsource their designing department as their design and style is their key component.
George Washburn had earnings from his salary of $40,000, interest on savings of $1,150, a contribution to a traditional individual retirement account of $1,200, and dividends from mutual funds of $380. George's adjusted gross income would be:___
Answer:
$40,330
Explanation:
Data provided in the question:
Earnings from salary = $40,000
Interest on savings = $1,150
Contribution to a traditional individual retirement account = $1,200
Dividends from mutual funds = $380
Now,
The George's adjusted gross income would be
= Salary + Interest on savings + Dividends from mutual funds - Contribution
= $40,000 + $1,150 + $380 - $1,200
= $40,330
_________ occurs when an individual or business capitalizes on a price differential for a firm's product between two countries by purchasing the product in the country where prices are lower and reselling it in the country where prices are higher.
a. Arbitrage
b. Predatory pricing
c. Experience curve pricing
d. Speculation
e. Multipoint pricing
Answer:
Correct option is (a)
Explanation:
Arbitrage refers to purchase an asset in one market with an intention to sell the same in another market thereby gaining on difference in price. Profit represents the difference in the market prices of the product in different countries.
So, arbitrage occurs when business take advantage of price differentials of product between two countries.
Predatory pricing is setting the prices of products at a very low level forcing the competitors to leave the market.
Experience curve pricing is again setting price below average cost in expectation that increase in production experience will reduce cost eventually.
Speculation is investing on expectation of rise in price in future.
You are working with your project team to schedule activities for your construction project. You have the carpet installation activity may begin. The relationship between the painting activity and carpet instalionacvity can atwity lo be can best be described as_____________.a. Lag.b. Lead.c. Finish-to-start.d. Start-to-finish
Answer:
c.
Explanation:
Based on the information provided with regards to the situation at hand it can be said that the relationship between these two is a Finish-To-Start relationship. This refers to having to finish something in order to be able to start the next part. Which is exactly the case in this scenario, since the painting activity must be finished first and only then can the carpet installation activity can begin.
The notion that there is a tradeoff between inflation and unemployment is expressed as a
Answer:
Phillips curve
Explanation:
The notion that there is a trade-off between inflation and unemployment is expressed by a Phillips curve.
Phillip curve states that there is a negative relationship between inflation and unemployment.
In 1979 and 1980
a. the U.S. inflation rate as measured by the GDP deflator was higher than that measured by the CPI, and the difference was explained by rapidly rising prices of goods exported by the U.S
b. the U.S. inflation rate as measured by the CPI was higher than that measured by the GDP deflator, and the difference was explained by rapidly rising prices of goods exported by the U.S
c. the U.S. inflation rate as measured by the GDP deflator was higher than that measured by the CPI, and the difference was explained by rapidly rising oil prices
d. the U.S. inflation rate as measured by the CPI was higher than that measured by the GDP deflator, and the difference was explained by rapidly rising oil prices
Answer:
D) the U.S. inflation rate as measured by the CPI was higher than that measured by the GDP deflator, and the difference was explained by rapidly rising oil prices
Explanation:
During the 1970s there was a very strong correlation between oil prices and the CPI. Oil is essential to our economy, since it is used in so many different ways, e.g. fuel, plastics, heating, etc. The oil prices increased from $15.85 per barrel on April 5, 1979 to $39.50 per barrel on March 3, 1980. That is a huge increase (149%) for only one year.
The CPI more than doubled during the 1970s, increasing from 41.20 in 1972 to 86.30 in 1980 (109% increase). It had previously taken 24 years for the CPI to double before that decade. That is a huge increase in inflation even if you compare it to more modern day inflation. The CPI for 2018 was 251, so in the last 38 years it increased by 190% and inflation has been an issue several times in the last decades.
Central bank policy requires all banks to hold 10% of deposits as reserves. Pacific Bank policy prevents it from holding excess reserves. Suppose banks cannot trade any of the bonds they already have. If the central bank decides to lower the reserve requirement to 9%, which of the following will result?
A. the money supply in the economy decreases
B. decrease of $1 million in Pacific's net worth
C. increase of $1 million in Pacific's loan assets
D. increase of Pacific's bond assets by $1million
Answer:
C. increase of $1 million in Pacific's loan assets
Explanation:
If Pacific Bank does not hold excess reserves, then a decrease in the reserve requirement from 10% to 9% will render more money with the bank to lend.
Therefore, This will increase Pacific's ability to make loans.
Final answer:
Lowering the reserve requirement from 10% to 9% allows banks like Pacific Bank to lend out the excess reserves, thereby increasing its loan assets but not affecting its net worth or bond assets. The correct answer is an increase of $1 million in Pacific's loan assets (C).
Explanation:
When the central bank lowers the reserve requirement from 10% to 9%, banks are allowed to hold less money in reserves and can therefore use more of their deposits for lending or purchasing assets. Pacific Bank, which does not hold excess reserves by policy, would now have additional funds available to create loans because their reserve requirement has decreased. This would lead to an increase in their loan assets.
Specifically, if Pacific Bank was previously required to hold 10% and now only needs to hold 9%, the additional 1% of the deposits can be lent out. This does not directly change Pacific Bank’s net worth or bond assets but increases its loan assets, which in turn can increase the money supply in the economy through the money creation process that banks participate in.
Therefore, the correct answer to what will result from the central bank lowering the reserve requirement to 9% for Pacific Bank is:
C. increase of $1 million in Pacific's loan assets
_____ is the affirmative selection and acquisition of products and services that most effectively minimize negative environmental impacts over their life cycle of manufacturing, transportation, use, and recycling or disposal.
Answer: EPP (Environmentally preferable purchasing)
Explanation:
The EPP is stand for the environmentally preferable purchasing and is refers to the product which are purchased by reducing all the negative effect and also increase the level of positive effect on the environment and also on the health of the humans.
The environmentally preferable purchasing is also known as the green purchasing and green sustainable and it is Eco-friendly for the environment.
It is one of the affirmative selection that minimizing all the negative impact on the environment and producing high quality product.
Which of the following quotations illustrates the Tragedy of the Commons?
a. "A bird in the hand is worth two in the bush."
b. "The only difference between the rich and other people is that the rich have more money."
c. "What is common to many is taken least care of, for all men have greater regard for what is their own than for what they possess in common with others."
d. "Anyone who is not a socialist before he is 30 has no heart; anyone who is still a socialist after he is 30 has no head."
Answer:
The correct answer is option c.
Explanation:
The tragedy of the commons is an economic problem in which individuals' rational decisions lead to collective irrationality. The individual consumers want to maximize their satisfaction so they consume a common resource in the way to maximize utility or satisfaction. But collective consumption in this manner leads to overconsumption of resources.
Individuals take better care of the resources they privately own than the common resources. Individuals focus on their wellbeing instead of the collective welfare of society and ignore social welfare in the process of maximizing their personal welfare.
The common stock of Detroit Engines has a beta of 1.34 and a standard deviation of 11.4 percent. The market rate of return is 11.5 percent and the risk-free rate is 4 percent. What is the firm's cost of equity?
A. 10.05 percent
B. 12.98 percent
C. 14.05 percent
D. 15.50 percent
E. 15.67 percent
Answer:
The firm's cost of equity is C. 14.05 percent
Explanation:
Hi, we need to use the following formula in order to find the cost of equity of this firm.
[tex]r(e)=rf+beta(rm-rf)[/tex]
Where:
r(e) = Cost of equity
rf = risk free rate
rm = Market rate of return
Everything should look like this.
[tex]r(e)=0.04+1.34(0.115-0.04)=0.1405[/tex]
So, this firm´s cost of equity is 14.05%
Best of luck
The firm's cost of equity can be calculated using the Capital Asset Pricing Model (CAPM) formula, resulting in a cost of equity of 14.05%.
The firm's cost of equity can be calculated using the Capital Asset Pricing Model (CAPM). The formula is: Cost of Equity = Risk-Free Rate + Beta*(Market Rate of Return - Risk-Free Rate). Plugging in the values given: Cost of Equity = 4% + 1.34*(11.5% - 4%) = 4% + 1.34*7.5% = 4% + 10.05% = 14.05%
Arnold Marion, a firstminus year economics student at Fazer College, was given an assignment to find an example of price discrimination and present it to his class. When asked for his example Arnold said "I went to a Milwaukee Brewers baseball game with my cousin last week. We paid $25 each for our seats in left field. My aunt and uncle paid $50 each for their tickets; they sat five rows behind the first base dugout. This is an example of price discrimination since we paid different prices for the same product, and the differences were not due to differences in costs." How would Arnold's economics instructor assess Arnold's example
Answer:
Arnold made a mistake since the $25 seats are not the same product as the $50 seats. It is not the same to be sitting behind the first base dugout or sitting at the end of left field.
Sometimes you can get better seats for the same price as not so good seats, like in a movie theater, but a baseball field is much bigger and the quality of the show (baseball game) varies a lot depending where you are sitting.
Arnold's economics teacher would point out that his example doesn't demonstrate price discrimination but price differentiation, as the different ticket prices are justified by the different seating locations.
Explanation:Arnold Marion's economics instructor would likely explain that Arnold's example is not an instance of price discrimination but rather, price differentiation based on product characteristics. Price discrimination in economics takes place when a seller charges different prices to different buyers for the same good or service, with no cost-based justification for the price differences. However, in Arnold's example, there is indeed a significant difference in the product - the location of the seats. This results in different experiences for the buyers (Arnold and his family) and hence, justifies the different prices. The price difference is not arbitrary; it's a result of perceived value difference by the consumers.
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Which of the following statements is TRUE with regard to gross margin?
A. Gross margin is equal to net sales less cost of goods sold.
B. Gross margin is another term for net income.
C. Gross margin is equal to revenues less operating expenses.
D. Gross margin is the top line of the income statement.
ANSWER: (A)
EXPLANATION: Gross margin is the difference between revenue and cost of goods sold divided by revenue. Gross margin is expressed as a percentage. Generally, it is calculated as the selling price of an item, less the cost of goods sold. Gross Margin is often used interchangeably with Gross Profit, but the terms are different.
Gross margin is equal to net sales less cost of goods sold is true with regard to gross margin. Thus, option (a) is correct.
What is the cost?
The term cost refers to the actual money are spent on the manufacturing of the product. The product are manufacture to spend on money are raw material, transportation, wages, salary, and other expenses add. The all expenses are added to identify the cost.
The difference between revenue and cost of goods sold is the gross margin, which is divided by revenue. The gross margin is given as a proportion. In general, it is computed as the selling price minus the cost of products sold. The terms gross margin and gross profit are sometimes used interchangeably, however, they are not the same.
As a result, the gross margin is equal to net sales less cost of goods sold is true with regard to gross margin. Therefore, option (a) is correct.
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Jax Company uses a perpetual inventory system and on November 30 purchased merchandise for which it must pay the shipping charges. Which of the following is one part of the required journal entry when Jax pays the shipping charges of $200? a). a debit to freight-out for $200 b). a debit to inventory for $200 c). A debit to Delivery Expense for $200 d). A debit to cash for $200
Answer:
b). a debit to inventory for $200
Explanation:
The journal entry is shown below:
Inventory A/c Dr $200
To Cash A/c $200
(Being the shipping charges is paid for cash)
Under the perpetual inventory account, all the expenses which are incurred to bring the product to the destination have come under the inventory account. So, we debited the inventory account and credited the cash account
Jacob is the owner of a film production company. He promotes a healthy work-life balance for his employees. He also encourages them to take vacations when there is less work. He believes that a friendly work environment can be a stimulus for a healthy working experience. He does not reprimand his employees even if they fail to meet important deadlines. In the context of the Blake/Mouton leadership grid, which of the following leadership styles is Jacob using in this scenario?A) The country club styleB) The impoverished styleC) The middle-of-the-road styleD) The authority-compliance styleE) The country club style
Answer:
The country club style.
Explanation:
The country club style is a leadership style in which there is a high concern for people and low concern for the results which means that the manager is interested in his employees' needs and believes that they will work hard if they are in a good working environment. In terms of results, this tends to be a style in which the manager is relaxed and productivity can be low because there isn't a lot of control. According to this, the leadership style that Jacob is using in this scenario is the country club style because he believes that a healthy work environment is important and he doesn't do anything when his employees miss their deadlines.
A marketing manager wants to know why her sales are down. She talks with several sales reps and finds that a competitor has introduced a successful new product. This "research" is likely to be part of ________.
The research done by the marketing manager is part of market research, which helps businesses make decisions about selling, improving, or promoting products by gathering information about customers and competitors.
The "research" conducted by the marketing manager, which involved talking to several sales reps and identifying that a competitor has introduced a successful new product, is likely part of market research. Market research is conducted to guide businesses in making decisions on how to sell, improve, or promote their products or services. This type of research can involve gathering information about customers, competitors, or the overall industry to understand market conditions better and make informed decisions.
A security firm is offered $80,000 in one year for providing CCTV coverage of a property. Thecost of providing this coverage to the security firm is $74,000, payable now, and the interestrate is 8.5%. Should the firm take the contract?
Answer:
contract s not acceptable
Explanation:
Given data:
worth of CCTV coverage contract = $ 80,000
Coverage Cost = $ 74,000
Interest rate = 8.5%
Present value of the CCTV coverage is PV
[tex]PV = \frac{$ 80,000}{1.0850} = $ 73,732.72[/tex]
As we can see from above calculation that present value of receivable amount is less than current cost, hence the contract is not acceptable
Cherry is injured in an accident caused by Bronco. Bronco agrees to pay Cherry $2,500 if she agrees to release him from further liability. Cherry agrees. If Cherry’s damages ultimately exceed $2,500, she can________.
A. collect the balance from Bronco in a breach-of-contract suit.
B. collect the balance from Bronco in a tort suit.
C. collect the balance from Bronco on the ground of unforeseen events.
D. not collect the balance from Bronco.
Answer:
D) not collect the balance from Bronco.
Explanation:
Since Cherry agreed to sign a compensatory agreement worth $2,500 with Bronco, and stated that she would release him from any further liability, then that contract is enforceable by Bronco. In case Cherry wants to collect any further amount of money for any type of possible unforeseen damage, all Bronco must do is present the signed agreement that released him from any further liability.
Answer:
d
Explanation:
Al works as a cement finisher for a parking lot repaving company. He is suspicious of innovation and innovators. He was one of the very last people in the small Western city in which he lives to buy a microwave oven. When it comes to the adoption of microwave ovens, Al is in the _____ category.
Answer:
Al is in the late majority category.
Explanation:
Late majority refers to consumers that are not willing to buy a product until they are sure it has a good performance as they don't want to take risks. These people tend to be resistant to change and they will buy a new product only when most people have already done it. According to this, Al is in the late majority category because he was one of the last people to buy a microwave in the city he lives in and he is suspicious of innovation.
The Wacky Widget company has total fixed costs of $100,000 per year. The firm’s average variable cost is $10 for 10,000 widgets. At that level of output, the firm’s average total costs equala. $10 b. $100c. $150 d. $15
Answer:
$20
Explanation:
Average total cost (AC) equals summation of average variable cost (AVC) and average fixed cost (AFC). Average fixed cost is calculated by division of total fixed cost (TFC) by number of widgets (N)
AC=AVC+AFC= AVC-TFC/N = $10+ $100,000/10,000 = $20
Explanation of fixed costs, average variable costs, and average total costs.
Total fixed costs: Fixed costs that do not vary with output level.
Average variable cost: Variable costs divided by the quantity of output produced.
Average total costs: The sum of average fixed costs and average variable costs.
When the government enacts policies to redistribute income,
the objective is to enhance efficiency and a side effect is that the allocation of resources becomes more equal.
the objective is to enhance efficiency and a side effect is that the allocation of resources becomes less equal.
the objective is to enhance equality and a side effect is that the allocation of resources becomes more efficient.
the objective is to enhance equality and a side effect is that the allocation of resources becomes less efficient.
Answer:
The objective is to enhance equality and a side effect is that the allocation of resources becomes less efficient.
Blue Ridge Bank has a PM of 12 percent, an interest income to total assets ratio of 6.00 percent, and a noninterest income to assets ratio of 1.50 percent. Blue Ridge also has $9 in assets per dollar in equity capital. Blue Ridge's ROE is:
Answer:
8.10%
Explanation:
Blue Ridge's return on equity (ROE) is how much profit does Blue Ridge's investors earn for every dollar they invested in the company.
The formula used to calculate ROE is:
ROE = PM x (total assets ratio + noninterest income) x (Assets per dollar in equity capital)
ROE = 12% x (6% + 1.5%) x $9 = 8.10%
Blue Ridge's ROE is 8.1%
Blue Ridge's return on equity (ROE) is how much profit Blue Ridge's investors earn for every dollar they invest in the company.
To find the Return on Equity (ROE) for Blue Ridge Bank, we can use the following formula:
The formula used to calculate ROE is:
ROE = PM x (total assets ratio + noninterest income) x (Assets per dollar in equity capital)
Substituting the values -
ROE = 12% x (6% + 1.5%) x $9
= 8.10%