Answer:
mayor
Explanation:
I did the test ;) plz brainlist me thxxx :) :) :) :)
The mayor is not an elected position in the county system of government.
What is a county government?This is a term that refers to the administrative governments in a state that take care of the issues that concerns the local residents.
It can also be called the local government in some cases. In this type of goivernment, the mayor position is uncontested in the state.
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Two engineers submitted sealed bids to a prospective client for a design project. The client told Engineer A how much Engineer B had bid and invited Engineer A to beat that amount. Engineer A really wants the project and honestly believes he can do a better job than Engineer B. What should he do?
(A) He should submit another quote, but only if he can perform the work adequately at the reduced price.
(B) He should withdraw from consideration for the project.
(C) He should remain in consideration for the project, but not change his bid.
(D) He should bargain with the client for the cost of the
work.
Answer:
(C)
Explanation:
Based on the scenario being described within the question it can be said that Engineer A should remain in consideration for the project, but not change his bid. This is mainly due to the fact that if Engineer A wants it he should stick to his decision and there is no evidence that the client is telling the truth about Engineer B's bid. The client may be benefiting from Engineer A bidding more.
Final answer:
Engineer A should submit a revised bid only if able to maintain quality at the lower price, referencing the concepts of maintaining high standards and avoiding the winner's curse.
Explanation:
In the scenario presented, where two engineers have submitted sealed bids and Engineer A is given an opportunity to submit another quote, the ethical and professional choice for Engineer A would be (A) He should submit another quote, but only if he can perform the work adequately at the reduced price.
In making this decision, Engineer A should consider factors such as the ability to maintain high-quality standards, the integrity of the bidding process, and the potential financial implications of underbidding. It is crucial not to compromise on the quality of work or on the safety aspects related to engineering projects. Instead, the focus should be on providing the best value for both the client and the engineer's own business.
It is also important for Engineer A to recognize the potential impact of the winner's curse, which may occur when a bid is won by overestimating a project's value and thereby facing a loss. Thus, the engineer must carefully evaluate the bid amount against his estimate of the project's value and work cost.
Salon Products recently introduced a new all-natural shampoo. Logan, director of new product development, has just reviewed the dismal results. As it appears that his team adequately researched the product’s acceptance by consumers prior to its introduction, he is confused by the outcome. But to keep his team open to innovation, Logan should _________.
Answer:
Acknowledge the team for their effort.
Explanation:
By acknowledging the effort of the team that worked on the shampoo, the members of the team are encouraged and motivate, knowing that their efforts are accepted. After so doing, Logan can now tell the team about the dismal results which isn't supposed to have happened and the motivation earlier would have let the team members open to innovation.
Cheers.
A client with severe shortness of breath comes to the emergency department. The client tells the emergency department staff that they recently traveled to China for business. Based on the client's travel history and presentation, the staff suspects severe acute respiratory syndrome (SARS). Which isolation precautions should the staff institute?
Answer:
Explanation:
The individual should adapt social distancing.
* Cover the nose and mouth when coughing or sneezing.
* Use tissues to contain respiratory secretions.
* Dispose of tissues in the nearest waste receptacle after use.
* Perform hand hygiene after contact with respiratory secretions and contaminated objects and materials.
Then either go to any isolation center in a nearby hospital or self isolate for 2-7 days
Answer:airborne and contact precautions for SARS
Explanation:
Ethical Work Climate reflects the ________ of the organization and shapes the ________ of its members.
a. ethical decision making; political viewpoints
b. abilities; true values
c. political viewpoints; citizenship behaviors
d. citizenship behaviors; abilities
e. true values; ethical decision making
Answer:
E, true values, ethical decision making
Explanation:
Ethical work climate can be defined as the acceptance or inculcation of the notion of right and wrong within an organization.
In an Ethical Working climate, the true values and the decision making skills of the members of the organization are reflected.
By true values, it means that whatever the company stands for of upholds will be displayed for all to see as well as the ability to make decisions by the members of the organization.
Cheers.
Mainstream economic theorizing sees work as a lousy activity that workers tolerate in order to earn income. One way that work is seen as lousy is as a pain cost (e.g., hot, dangerous, boring, stressful). A second way is as an _________ cost.
Answer:
the correct answer is "opportunity cost".
the opportunity cost here means the cost of the next best opportunity lost because of spending time at work, this could be 8 hours, 10 hours at work, etc.
the underline point here is that when someone works for, lets say, 8 hours, he or she could have done something else that they enjoy and brings value to them and their family.
but since they are working, they can not engage in that activity. because of this, we call it the opportunity cost! simple right?
Explanation:
Mainstream economic theorizing sees work as a lousy activity that workers tolerate in order to earn income. One way that work is seen as lousy is as a pain cost (e.g., hot, dangerous, boring, stressful). A second way is as an opportunity cost. The correct answer is option B.
Opportunity cost refers to the potential benefits an individual misses out on when choosing one alternative over another. In the context of work, this means the leisure time or other activities that workers forgo in order to earn income.
Opportunity cost highlights what workers sacrifice to engage in work.It reflects the value of the best alternative use of their time.Understanding opportunity costs helps in assessing the true cost of work beyond just physical or mental effort, providing a more comprehensive view of the trade-offs involved in labor decisions. This perspective is crucial for evaluating how workers value their time and make decisions about employment and leisure.
The commplete question is:
Mainstream economic theorizing sees work as a lousy activity that workers tolerate in order to earn income. One way that work is seen as lousy is as a pain cost (e.g., hot, dangerous, boring, stressful). A second way is as an _________ cost.
A) Plain
B) Opportunity
C) Real
D) Production
Based on the following information, what is the balance on the current account? Exports of goods and services = $12 billion Imports of goods and services= $14 billion Net income on investments = minus$4 billion Net transfers = minus$1 billion Increase in foreign holdings of assets in the United States = $6 billion Increase in U.S. holdings of assets in foreign countries = $3 billion A. minus$7 billion B. minus$3 billion C. minus$2 billion D. $1 billion
Answer:
-$7billion
Explanation:
Given that
Exports of goods and services=$12 billion
Imports of goods and services=$14 billion
Net income on investments= -$4 billion
Net transfers= -$1 billion
Increase in foreign holdings of assets in the United States= $6 billion
Increase in U.S. holdings of assets in foreign countries= $3 billion
Recall that
CAB = (X - M) + NY + NCT
Where
X = export
M = import
CAB = current account balance
NY = net income from abroad
NCT = net current transfers
Therefore
CAB = (12 - 14) - 1 - 4
= - $7 billion
Answer: The answer is A. -$7billion
Explanation:
From the question above, we have the following parameters:
Exports of goods and services=$12 billion
Imports of goods and services=$14 billion
Net income on investments= -$4 billion
Net transfers= -$1 billion
Increase in foreign holdings of assets in the United States= $6 billion
Increase in U.S. holdings of assets in foreign countries= $3 billion
The formula for calculating Current Account Balance is given as:
CAB = (X - M) + NY + NCT
Where
CAB = current account balance
X = export
M = import
NY = net income from abroad
NCT = net current transfers
Therefore, we have:
CAB = (12 - 14) - 1 - 4 = - $7 billion.
Therefore, our answer is A.
The illegal and unethical practice of providing old (or early) investors above-average returns on their investment with funds raised from new (or late) investors in the absence of any real business operation to generate profits is referred to as the _____.
Answer:
Ponzi scheme
Explanation:
Ponzi scheme is a fraud investment strategy that promises to pay a substantial sum of returns. In a Ponzi scheme, generate income for the old investor by using the money of the newest investor and this chain goes on. This is basically a fraudulent scam or investment strategy to get a significant amount of money. Ponzi scheme is similar to pyramid strategy both are based on using new investor’s fund.
The practice where old investors are paid returns with funds raised from new investors without legitimate business operations is known as a Ponzi scheme, which is illegal and unethical.
Explanation:The illegal and unethical practice being described is referred to as a Ponzi scheme. In a Ponzi scheme, returns are paid to earlier investors using the capital from new investors, rather than from profit earned by the operation of a legitimate business. This practice leads to a situation akin to moral hazard, where the person or organization running the scheme presents a false sense of security about the investment's prospects, which can result in significant losses when the scheme eventually collapses. Ponzi schemes are often associated with fraudulent activity and are illegal in many jurisdictions.
When a country experiences a depreciation of its currency, what does it imply on its economy
Answer:
When a country experiences currency depreciation, it means that its domestic currency is losing value against a foreign currency.
The main consequence of this is that goods expressed in foreign currency become more expensive, which decreases imports.
The goods produced domestically become cheaper for people abroad, for this reason, currency depreciation can promote exports, and some countries have used currency depreciation to strengthen their countries' export sector.
Answer:
For the economy it reduces the country's export cost and trading
Explanation:
Devaluation is the intentional attempt made by a country for downward adjustment of it's currency value.
The government issuing the currency decides to devalue it.when Devaluing a currency, it reduces the country's exports costs and can aid the shrinking tin deficits in trade
Also, the prices of goods produced locally decline relative to prices of international standard.
The LetsStayHome Company expects their dividends and earnings to grow at a constant rate of 2% a year into the foreseeable future. Currently the market is requiring a 7.5% rate of return on their stock. The last, most recent dividend paid was $2.15/share.
a) What is the current price of the stock?b) (2 pts) what is the current capital gains yield on this stock?c) (2 pts) What is the current dividend yield on this stock?
Answer:
The correct answer for option (a) is $39.87, for option (b) is 5.5% and for option (c) is 2%.
Explanation:
According to the scenario, the computation of the given data are as follows:
(a). We can calculate the current price of the stock by using following formula:
Current price of stock = Dividend1 ÷ (Return rate - Growth rate)
Where Dividend1 = $2.15 × 1.02 = $2.193
So, Current price of stock = $2.193 ÷ ( 7.5% - 2%)
= $2.193 ÷ 5.5%
= $39.87
(b) Current capital gain yield = Dividend1 ÷ Current price of stock
= $2.193 ÷ 39.87
= 0.0550 or 5.5%
(c) Current dividend yield = Growth rate
AS growth rate = 2%
So, Current yield = 2%
Sunland Company acquires land for $77000 cash. Additional costs are as follows.
Removal of shed $500
Filling and grading 1600
Salvage value of lumber of shed 170
Broker commission 1150
Paving of parking lot 11000
Closing costs 500
Sunland Company will record the acquisition cost of the land as:
Answer:
$91,580
Explanation:
The cost of an asset includes all cos incurred in making the asset available for use. These includes the cost of the item net all discounts, sales tax, freight cost etc.
As long as the cost is necessary for the asset to be available for use, such cost will be capitalized with the cost of the item of asset. Other cost such as maintenance, insurance costs are expensed and not considered as a part of the cost of the asset.
Cost of Land
= $77000 +$500 + $1600 - $170 + $1150 + $11000 + $500
= $91,580
Companies that start a just-in-time inventory system are seeking to __________.
a. reduce the size of the inventory they carry.
b. increase the size of the inventory they carry.
c. maintain their normal inventory levels.
d. avoid the need to provide customized products.
Answer:
Option A
Reduce the size of the inventory they carry.
Explanation:
The just in time system is a method of production where goods are produced just to meet the needs of customer at exactly when they are needed.
In contrast to the traditional production system where goods are are produced in advance of customers order, Just in time seeks to reduce all the inefficiencies and cost associated with keeping inventories .
Hence it aims to reduce the size of the inventory to be carried
Answer:
The answer is A. reduce the size of the inventory they carry
Explanation:
In a management strategy that aligns raw material order from suppliers directly with production schedules. Companies use this inventory strategy to increase efficiency and decrease waste by receiving goods only as they need them for the production process, which reduces inventory cost.
Allie is shopping when she finds a pair of running shoes priced at $90. When Allie uses her debit card to pay, it is declined because her balance is insufficient to cover the cost of the running shoes. Allie's situation best illustrates which economic concept?
A) Opportunity Cost
B) Scarcity
C) Unlimited Resource
D) Trade Offs
E) Trade
Answer: B.) Scarcity
Explanation: Scarcity simply refers to the limited availability of a commodity or resource such that demand or want exceeds the level of supply or availability. In the context above, Allie's situation exemplifies a situation or condition Scarcity whereby the level of want or desire exceed the available resource. Allie's insufficient resource or bank balance was unable to cater for her want (pair of running shoes).
The economic concept that best illustrates Allie's situation is Scarcity. Hence, option B is the correct answer.
Scarcity is the fundamental economic problem that arises due to limited resources and unlimited wants and needs. It implies that there are not enough resources available to fulfill all human desires and demands.
In Allie's case, her debit card was declined because her balance was insufficient to cover the cost of the running shoes. This situation exemplifies scarcity because Allie's financial resources (money) were limited, and she could not satisfy her desire to purchase the shoes due to the scarcity of funds.
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A physical inventory count of MegaCorp has a $50,000 balance before considering the following:
Consigned goods sent to and held by Madison Company: $10,000
Inventory in transit sold FOB destination: $7,500
Inventory in transit purchased FOB destination: $2,500
At what amount should inventory be reported on the balance sheet?
Answer:
The amount of inventory reported on balance sheet is $62,500
Explanation:
In this question, we are asked to calculate the value at which inventory will be reported on the balance sheet.
To do this, we can employ a mathematical approach.
Mathematically;
Amount of inventory reported in Balance sheet = physical inventory + goods sent on consigned + inventory purchased on fob destination
From the question, we can identify the following;
Physical inventory = $50,000
Goods sent on consigned = $10,000
Inventory purchased on fob destination = $2,500
The amount of inventory reported in balance sheet = 50,000 + 10,000 + 2,500 = $62,500
Answer:
The answer is $67,500
Explanation:
The term free on board(FOB) implies that the goods remain the asset of the seller until the goods arrive at the buyer's receiving point,hence the inventory in transit purchased FOB destination of $2,500,does not belong to MegaCorp unitl it reaches MegaCorp's destination.
Consigined goods are goods in business's possession but not owned by the firm because it has been mandated by the owner to hold and sell them.As a result,the consigned goods with Madison company still belong to MegaCorp an should be added to its inventory.
Finally, the goods sold FOB($7,500) are goods belonging to MegaCorp until the buyer receives them,in other words it is part of the closing inventory:
Physical inventory count $50,000
Consigned goods $10,000
Inventory sold FOB $7,500
closing inventory $67,500
The cost of capital is ___________.
a. the minimum rate of return an investment project must generate in order to pay its financing costs.
b. the minimum rate of return an investment project must generate in order to pay its financing costs plus a reasonable profit.
c. the maximum rate of return an investment project must generate in order to pay its financing costs.
d. the maximum rate of return an investment project must generate in order to pay its financing costs plus a reasonable profit.
Answer:
the minimum rate of return an investment project must generate in order to pay its financing costs.
Explanation:
In Economics, the cost of capital which is an opportunity cost is the minimum rate of return an investment project must generate in order to pay its financing costs.
From an investor's perspective, it is the weighted average cost of capital and perceived as the required rate of return an investment is supposed to generate on the average for financing assets.
Answer:
The answer is A. The minimum rate of return an investment project must generate in order to pay its financial costs.
Explanation:
Cost of capital is the required return necessary to make a capital budgeting project, such as building a new factory, worthwhile. When analysts and investors discuss the cost of capital, they typically mean the weighted average of a firm's cost of debt and cost of equity blended together.
The cost of capital represents a hurdle rate that a company must overcome before it cn generate value, and it is used to extensively in the capital budgeting process to determine whether a company should proceed with a project.
Mr. and Mrs. Jones sold their principal residence for $750,000. They had lived in their residence for 20 years, and it had an adjusted basis of $210,000. The Joneses have decided not to purchase a new home and will instead rent a condominium on the beach. What amount of gain must they recognize on this transaction?
a. $0b. $540,000c. $750,000d. $40,000
Answer:
D) $40,000
Explanation:
The Joneses qualify for a Section 121 exemption since they lived at their house for 20 years. They are exempted from paying capital gains taxes on the first $500,000 ($250,000 if single) in realized gains from selling their home.
Joneses taxable gain = $750,000 (sales price) - $210,000 (basis) - $500,000 (section 121) = $40,000
They will have to recognize only $40,000 in gains.
John is an agent for Peabody. John tells Wanda (a third party) of Peabody’s existence, but not its identity, therefore John is an agent for a(n) ______ principal. If John signs a contract with Wanda on behalf of Peabody, John is ______ on the contract.
Answer:
C) partially disclosed principal , personally liable
Explanation:
Partially disclosed principal
Partially disclosed principal occurs when an agent reveals that he has a principal but doesn't reveal the identity of the principal to the third party.
John revealed that he has a principal to Wanda (third party) but withheld the principal's identity.
This means John partially disclosed his principal.
Personally liable
Personal liability is a situation in which an individual is responsible for a financial obligation.
If John signs a contract in behalf of Peabody,It means John is legally responsible for the contract. John will be held responsible for the fulfillment of the contract out of his/her assets.
John= Agent
Wanda= Third party
Peabody= Principal
Answer:
partially disclosed, personally liable.
Explanation:
John is an agent to a partially disclosed principal because he didn't tell Wanda who Peabody is, he just told her that Peabody existed. This type of partial disclosure is common when the principal is someone (person or company) that is well known and specially wealthy. Although other reasons might apply, but the most common one is that the principal rears that his/her identity was known, the conditions for a contract would vary, e.g. an agent for Disney that is looking for land to build a new park will not disclose the principal's identity because they know that the price would increase dramatically.
In most states, John would be personally liable to Wanda because he didn't disclose Peabody's identity. If he had disclosed the identity of the principal, then only the principal would be liable. In any case, since John is acting on behalf of principal, Peabody is also liable to Wanda for the contract that John signs. It doesn't matter if the principal was disclosed or not, his/her responsibility is the same. E.g. if John and Wanda sign a contract, and Peabody doesn't perform, generally the third party (Wanda) would sue the principal because people assume the principal has more financial resources than the agent.
A small economy starts the year with $3,500,000 in capital. During the course of the year, gross investment is $300,000 and depreciation is $150,000. How big is the economy’s stock of capital at the end of the year?
a. $3,650,000b. $3,800,000c. $3,950,000d. $3,850,000
Answer:
correct option is a. $3,650,000
Explanation:
given data
Beginning capital = $3,500,000
Gross investment = $300,000
Depreciation = $150,000
solution
we get here first Net investment that is express as
Net investment = Gross investment - Depreciation ...............1
put here value and we get
Net investment = $300,000 - $150,000
Net investment = $150,000
and
Economy stock of capital at the end of the year will be as
Economy stock of capital = Beginning capital + Net investment
Economy stock of capital = $3,500,000 + $150,000
Economy stock of capital = $3,650,000
so correct option is a. $3,650,000
The originate-to-distribute business model has a serious ________ problem since the mortgage broker has little incentive to make sure that the mortgagee is a good credit risk.
Answer:
Principal-agent.
Explanation:
This problem comes to play when one has to make decisions on behalf of another person.
The principal-agent problem is a conflict in priorities between a person or group and the representative authorized to act on their behalf. An agent may act in a way that is contrary to the best interests of the principal.
It can occur in any situation in which the ownership of an asset, or a principal, delegates direct control over that asset to another party, or agent.
Which conflict management strategy involves choosing not to deal with the issues or the people involved and retreating from the situation hoping it either goes away or resolves itself? 1. Avoidance 2. Accommodation 3. Compromise 4. Collaboration
Answer:
The correct answer is:
Avoidance (1.)
Explanation:
Avoidance, as a strategy of conflict management is characterized by a deliberate attempt to ignore or refuse to engage in a conflict. Avoidance is important when the conflict in question has the potential of escalating into violence or when the conflict is not of much importance. In these situations, avoidance is important, but some theorists argue that it may mean a lack of interest for one's self and the welfare of others.
some example of avoidance situations include; shifting from the topic of conflict during discussions, saying that the issue is to small to spend time on, introducing jokes to distract from the real issue, etc.
Other strategies of conflict management include;
Accommodation; accommodation involves giving in to the other person's wishes, forgoing one's own desires. Accommodation uses statements like 'whatever you say is fine'
Compromise; in this strategy, the opinions are split, and no winner or loser arises from the dispute.
Collaboration; here, the parties work together until a mutually agreeable solution is gotten.
Competition; this involves a win/lose situation in which a solution is reached at the expense of the other party's feeling or opinion.
Amber is the manager of a popular clothing store. She regularly works over 40 hours per week, but when new styles are coming in that require new displays she may put in as many as 60 hours per week. Amber's paycheck is the same regardless of the number of hours she has worked. Amber is paid on a/an _________.
A. based on a total compensation arrangementB. based on an incentive compensation programC. on a wage systemD. on a salary basis
Answer: salary basis
Explanation:
From the analysis, we are informed that Amber works for 40 hours per week but sometimes work 60 hours per week and she is paid the same amount regardless of the number of hours worked. This shows that Amber is paid a salary.
A salary is a fixed regular payment that is paid by the employer to the employee usually towards the end of the month basis. Salary is usually paid to white-collar workers or professionals.
The main difference between a wage and a salary is that a worker paid a wage receives his or her pay based on the number of hours worked while salary is fixed. Wage can be calculated by multiplying the rate per hour by the number of hours worked.
Answer:
The answer is D. on a salary basis
Explanation:
Salary basis indicates the payment an employee receives, during each pay period, a predetermined amount comprising all or part of their compensation.
Given from the article above, Amber works over 40 hours per week, and in as much as 60 hours per week with new styles and receives the same payment for the work done regardless or its hours.
Is Self-assessment Income tax or Consumer tax?
Answer:
I think it's a income tax
Answer:
Self Assessment tax means any balance tax paid by the assessed on the assessed income after taking TDS and Advance tax into account before filing the Return of income. Self-assessment tax is paid for a particular financial year end. Challan No/ ITNS 280 is required to be used for the payment of Self assessment tax.
Jennifer has to decide which of two job offers she is going to choose. She begins her process by listing the key criteria she is looking for in a job including salary level, location, promotional opportunities, and so on. She then takes each job offer letter and carefully goes through each line assessing the offer in relationship to the criteria she has established. Jennifer is using which of decision-making model to choose her job?
a. the rational decision-making model
b. the creative decision-making model
c. the intuitive decision-making model
d. the programmed decision-making model
Answer:
a. the rational decision making-model
Explanation:
The rational decision making model is a decison making model which seek the best choice from among several alternatives. It is a design which identifies problems and then critically examine it, with the aim of coming up with the best alternative.
When a business firm or an individual is faced with a daunting task of having to choose among alternatives as in the case above, then rational decision making model comes into play.
There are several models associated with this decision type, which are; problems identification and definition, list all the decision criteria, weigh the criteria, bring up all the alternatives , evaluate the alternatives and choose the best from the alternatives.
There are however limitations to rational decision making model, which are ; decision makers not having complete information on the problems to be solved. Also, many goals might be proposed to be achieve in a decision making scenario which might be difficult to achieve.
Michelle owns a home valued at $100,000. Her insurance policy has an 80 percent coinsurance clause. She has the property insured for $70,000. If her house incurs fire damage worth $20,000, how much will she be able to collect from the insurance company?
Answer:
$17,500
Explanation:
Given that
Home is valued at 100,000
Property insured for 70000
Coinsurance clause of 80%
Firstly, amount of coverage should be determined.
Thus,
Amount of coverage = 100000 × 80%
= 100,000 × 0.8
= 80000.
Next,
Divide what is insured by what should have been and then multiply it by the amount of damage.
Thus,
(70000/80000) × 20000
0.875 × 20000
= $17500
Thus, the amount to be paid by the insurance company is $17,500
Answer:
$16,000
Explanation:
Kindly check the picture attached for the calculation
Walmart created the Great Value brand for their food products and the Equate brand for their pharmacy, health, and beauty products. Walmart does not manufacture any of these products. Which type of brand sponsorship is Walmart using?
Answer:
a private brand
Explanation:
because created the Great Value brand for their food products and the Equate brand for their pharmacy, health, and beauty products.
Private brand sponsorship is what Walmart uses to attract customers.
What is a brand?When a demand for a product or one of its many product lines is marketed using a strategy, it is said to have developed a brand. It basically functions as a signal that the client can use to explain the goods.
In this particular system, Walmart is using different brands to cater their different needs and give different products to the customer. Walmart was creating a private brand sponsorship for all these products. Even though Walmart is not producing the product he still can sell the product of different brands under his own name.
This product will be available to Walmart at a lower price or according to the partnership and they will take some part of the profit of each unit that is being sold to them.
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The development costs were incurred after technological and commercial feasibility was established and after the future economic benefits were deemed probable. The project was successfully completed and the new product was patented before the end of the current fiscal year. What amount should Pribuss expense in its current-year income statement related to the above expenditures?
Complete Question:
Pribuss Engineering prepares its financial statements according to International Financial Reporting Standards. During 2018, the company incurred the following costs related to a new product design:
Research for New Design $2.4M
DVMPT of New Product $1.3M
Patent Filing Fees $52K
The development costs were incurred after technological and commercial feasibility was established and after the future economic benefits were deemed probable. The project was successfully completed and the new product was patented before the end of the 2018 fiscal year. What amount should Pribuss expense in its 2018 income statement related to the above expenditures?
Answer:
The Research expenses of $2.4M that are written as expense in the Income statement and the Development costs of $1.3M and patent legal fees of $53k are capitalized.
Explanation:
The reason is that the International Standard IAS 38 Intangible Assets says that the expenditure incurred on the research that hasn't entered development phase must be written as expense in the year and the expenditure incurred on the development phase of the research outcomes must be capitalized to the extent it is ready for use. In this case $1.3M is clearly a development cost and patent legal fees of $53k is the expenditure that will prepare the asset and making it ready for use, so it must also be capitalized.
Flowers Inc. recently issued noncallable bonds that mature in 15 years. They have a par value of $1,000 and an annual coupon of 5.7%. If the current market interest rate is 7.7%, at what price should the bonds sell?
Answer:
The answer is $825.63
Explanation:
Price of the bond is what the issuer will pay for the bond
Yield-to-maturity is the rate an investor is expecting from his bonds.
Number of years (N) - 15 years
Yield-to-maturity(YTM) - 7.7%
Present Value(price of bond) = ?
Future Value(FV) = $1,000
Payment Coupon(PMT) = $57(5.7% x $1000)
Using a Financial calculator, price of the bond is
=$825.63
Unstable export markets, worsening terms of trade, and limited access to the markets in advanced countries are just a few of the problems that have plagued nations in Africa, Asia, Latin America, and Middle East. For example, developing countries have worsening terms of trade because of:___________.A) rising prices of exports relative to importsB) the high price elasticity of supplyC) falling prices of exports relative to imports
Answer:
C. Falling price of export relative to import
Explanation:
For example, developing countries have worsening terms of trade because of Developing nations have formed international commodity agreements (ICAs) between leading producing and consuming nations of commodities. To promote stability in commodity markets, ICAs have relied on production and export controls, buffer stocks, and multilateral contracts. For example, setting a minimum price for importers may help to falling prices of exports relative to imports 1. Trade p their solutions the high price elasticity of supply Unstable e plagued de because of rising prices of exports relative to Imports limited access to the markets in advanced countries are just a few of the problems that have and the Middle East
Answer:
The correct answer is letter "C": falling prices of exports relative to imports.
Explanation:
Trade balance refers to the number of exports compared to the number of imports in a country during a given period. It is calculated by subtracting imports from exports. The result is also known as net exports. If the result is positive, there were more exports than imports in the period. If the result is negative, there were more imports than exports in the period.
The situation more developing companies have been facing is more inclined to have a deficit in net exports because of the increase in the price of imports compared to exports. Globalization has allowed people with an increasing income to access more imports at higher prices affecting the trade balance of their countries.
Multimarket competition occurs when firms: a. have a high level of awareness of their competitors' strategic intent. b. simultaneously enter into an attack strategy. c. compete against each other in several geographic or product markets. d. sell different products to the same customer.
Answer:
compete against each other in several geographic or product markets.
Explanation:
Multi-market Competition is a form of competition when two or more firms compete in several market across the geographies by selling different products. Multi-market competition leads to different strategies of business growth than that of a single market competition because if a company A plays aggressive strategy in one market another company B may play against it in another market where company A is vulnerable. Hence it leads to situation called “Mutual forbearance “. It is generally seen that such companies do not play price war. Barriers to entry in such market is low due to availability large number of markets.
Example of this could be Procter and Gamble competing Hindustan Uni-Lever limited. Both of them have diverse portfolio of products and both of them sell their product in different market across geographies.
Multimarket competition occurs when firms vie in multiple markets, unlike monopolistic competition where many compete with differentiated products, leading to a mini-monopoly for each firm's unique offerings.
Explanation:Multimarket competition occurs when firms compete against each other in several geographic or product markets. This situation is distinct from monopolistic competition, where many firms sell differentiated products. In monopolistic competition, products can vary in characteristics, location, intangible aspects, and perceptions, which results in each firm having a mini-monopoly on their specific offering. Despite these variations, firms in a monopolistic market must still contend with other firms offering different styles, flavors, or brand names, creating a competitive environment that falls between perfect competition and monopoly.
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Annette, an energetic college junior, had been involved in the selling of goods for a number of years online. Annette supported herself in this way but yearned for greater success. She was particularly interested in selling women's dresses. She studied the clothing lines of famous designers Giorgio Armani and Bill Blass. Annette then contacted a clothing manufacturer who agreed to copy the styles under the names of Armani and Blass. Annette began to sell the copied clothing articles under the names "Gorgo Ormani" and "Bill Bless." The names, however, were not clearly printed on the labels but written in a handwritten scrawl making it difficult to discern the actual spelling. The matter has been brought to the attention of the FTC. Is Annette in violation of the law?
a. Yes, you cannot list and sell designer dresses online.b. No, Annette can sell any dress that she wants.c. Yes, deceptively passing one's goods off as designed by someone else is wrong.d. No, the consumer would know that the dress was not an original.
Answer:.c. Yes, deceptively passing one's goods off as designed by someone else is wrong
Explanation:This is like plagiarism or illegally coping of one's own music, anything that has to do with copying someone else work is illegal be wise you are taking someone else's work and jeopardizing its value when you make it a copy.
People will think these copies are original Gorgo Ormani and because it is likely that Annette will make them cheaper they will buy more of these fake items instead of buying the original hence she will also be negatively affecting the market for this brand.
You can't copy something that isn't yours because you don't have that right hence this is deceptive action and legally wrong.
The term natural rate of unemployment refers to: The unemployment that arises due to purely seasonal factors, such as unemployed lifeguards in the winter The minimum possible unemployment rate for an economy The unemployment rate that would occur if there were no frictional unemployment The unemployment rate that occurs when an economy's real GDP is equal to its potential output
Answer:
The unemployment rate that occurs when an economy's real GDP is equal to its potential output
Explanation:
The natural rate of unemployment will exist even when the economy is at full employment. It consists of frictional and structural unemployment but not cyclical unemployment. The natural rate of unemployment is present in a healthy and growing economy. In other words, natural unemployment is the unemployment rate when the labor market is at equilibrium.
When the economy is growing at an optimum rate, the real GDP is equal to potential GDP. In such a situation, the economy will experience full employment. At full employment, the rate of unemployment matches the natural rate of unemployment. As such, the natural rate of unemployment will exist when the real GDP is equal to potential GDP.