d. In a monopolistic market the makers of Wave will experience economic earnings that are above zero in the short term, but as more businesses enter the market and competition rises, their long-term economic profitability will be close to zero.
In a monopolistic competitive market, producers have some degree of market power, which means they can set their prices above marginal cost. If the price of Wave detergent is currently $6 and the ATC is $4, it implies that the producers of Wave are earning economic profits ($2 per unit). However, in the long-run, we expect new firms to enter the market attracted by the economic profits. As more firms enter the market, the demand for each individual firm's product will decrease, and the demand curve will shift to the left. This decrease in demand will reduce the market power of the producers of Wave, which will force them to lower their prices to stay competitive. As a result, the economic profits earned by the producers of Wave will decrease and eventually approach zero. Therefore, the correct answer to your question is d. The producers of Wave will earn economic profits greater than zero in the short-run, but in the long-run, they will earn economic profits approaching zero as new firms enter the market and competition increases.
To learn more about monopolistic refer here:
https://brainly.com/question/29763908
#SPJ11
you have $1,000.00 in an account that earns 8.80 pr quarterly. how much will this be worth 10 years from today?
In 10 years, the $1,000.00 in the account earning 8.80% quarterly will be worth $2,278.31. This is because the total amount of interest earned over the 10 year period will be $1,278.31.
This is calculated by taking the 8.80% quarterly rate and multiplying it by 10 years and then multiplying it by 4 quarters each year. Every quarter, the $1,000.00 will earn 8.80%, and then the interest will be added to the total amount in the account.
This process will be repeated every quarter for 10 years, resulting in the total amount of $2,278.31. This is a great way to earn passive income, as the money will be earning interest without any additional effort from the account holder.
Know more about interest here
https://brainly.com/question/27584159#
#SPJ11
true or false? the business continuity plan (bcp) program manager declares the notification and activation phase. true false
The business continuity plan program manager declares the notification and activation phase.---- True
A business continuity plan, is a document that contains the essential information an organization needs to continue functioning in the event of an unanticipated occurrence. The business continuity plan lays out the essential functions of the company, identifies which systems and procedures must be maintained, and explains how to do so.
The Business Coherence Plan will be enacted in light of a disturbance to typical tasks. Lack of access to the facility (snow restricting access, damage from a fire, or outages in the systems), loss of people (such as a pandemic), or a variety of other factors could cause the disruption.
Learn more about Business continuity plan :
brainly.com/question/29305005
#SPJ4
conagra, a diversified food producer, increases its power over suppliers by centrally purchasing huge quantities of packaging materials for all its food divisions. this is an example of using
Conagra is using the strategy of central purchasing to increase its power over suppliers.
By purchasing huge quantities of packaging materials for all its food divisions, Conagra is able to negotiate better prices and terms with its suppliers. This centralized approach allows the company to leverage its buying power and streamline its supply chain, ultimately resulting in cost savings for the company. This strategy also enables Conagra to maintain consistency in its packaging across all of its brands and divisions, which can enhance brand recognition and customer loyalty. Overall, central purchasing is an effective way for Conagra to increase its control over its supply chain and reduce costs, while maintaining high quality standards for its products.
To know more about Conagra visit :
https://brainly.com/question/30619748
#SPJ11
sara has $400 in currency and $2,000 in a bank account on which the bank pays no interest. the inflation rate is 2 percent a year. calculate the amount of inflation tax that sara pays in a year. Sara pays $ ____ Inflation tax.
Sara has a bank savings of $2000 which does not any interest and she possesses $400 in the form of currency. The rate of inflation is 2% for an year. Sara pays $48 Inflation tax.
To calculate the amount of inflation tax that Sara pays in a year, we need to consider the effect of inflation on her total money holdings ($400 in currency + $2,000 in the bank account). Here's the step-by-step explanation:
1. Determine Sara's total money holdings: $400 (currency) + $2,000 (bank account) = $2,400
2. Calculate the effect of inflation on Sara's money holdings: $2,400 * 2% (inflation rate) = $48
3. The amount of inflation tax Sara pays in a year is the loss in purchasing power due to inflation: $48
Sara pays $48 in inflation tax in a year.
To know more about inflation rate, visit https://brainly.com/question/14878357
#SPJ11
Before the computerization or data analytics, how would companies find that they had made duplicate payments? Sellect all choices that apply.
-Auditor sampling
-Random chance
-Reported by vendor
-Evaluation of all payments
Before computerization or data analytics, how would companies find that they had made duplicate payments A. Auditor sampling, B. Random chance, C. Reported by vendor, and D. Evaluation of all payments.
Auditor sampling: Auditors would periodically review a sample of the company's financial transactions to check for errors or discrepancies. This process involved comparing the sampled transactions with related supporting documents, such as invoices and purchase orders. If duplicate payments were found during the sampling process, the auditor would report them to the company for corrective action.
Random chance: Occasionally, duplicate payments were discovered by sheer luck. For instance, an employee might notice two similar invoices or payments while working on other tasks. Once identified, the company would investigate further to confirm the issue and take necessary steps to resolve it.
Reported by vendor: In some cases, vendors or suppliers might notify a company about a duplicate payment they received. This often happened when the vendor reviewed their financial records and identified duplicate transactions. In such instances, the company would work with the vendor to correct the mistake, either by seeking a refund or adjusting future payments.
Evaluation of all payments: A thorough, albeit time-consuming, approach involved the company's finance department manually reviewing all payments made to vendors. This process entailed cross-checking payment records with corresponding invoices and purchase orders to ensure each payment was valid and not duplicated. If a duplicate payment was detected, the company would take steps to rectify the issue.
In summary, before the era of computerization and data analytics, companies relied on manual methods such as auditor sampling, random chance, vendor reporting, and evaluating all payments to detect duplicate payments. Therefore, the correct option is A, B, C, and D.
Know more about Data analytics here:
https://brainly.com/question/30419088
#SPJ11
Reinegar Corporation is planning two new issues of 25-year bonds. Bond Par will be sold at its $1,000 par value, and it will have a 10% semiannual coupon. Bond OID will be an Original Issue Discount bond, and it will also have a 25-year maturity and a $1,000 par value, but its semiannual coupon will be only 6.25%. If both bonds are to provide investors with the same effective yield, how many of the OID bonds must Reinegar issue to raise $3,000,000? Disregard flotation costs, and round your final answer up to a whole number of bonds.a. 4,337b. 4,562c. 4,676d. 4,228e. 4,448
Reinegar Corporation is planning two new issues of 25-year bonds. Bond Par will be sold at its $1,000 par value, and it will have a 10% semiannual coupon.The bond is worth 1035.97. The correct response is .a. 4,337.
Bond value is equal to
1000*7.25%/6.6%
(1-1/ (1+6.6%/2)2*7)+ 1000/(1+6.6%/2Y(2*7),
which equals 1035.97.
A bond is a type of instrument wherein the issuer owes the bond holder a debt and is required, depending on the terms, to repay the majority of the bond on the bond's maturity date as well as interest over a certain period of time. An IOU and a bond are both types of debt securities. Debtors use bonds to raise money from investors willing to extend a favourable loan to them. When you buy a bond, you're making a loan to the issuer, which could be a corporation, government, or municipality.
To know more about Bond visit:
https://brainly.com/question/29031573
#SPJ4
Keynes argued that when interest rates were low relative to some normal value, people would expect bond prices to ________ so the quantity of money demanded would ________.
Keynes argued that when interest rates were low relative to some normal value, people would expect bond prices to rise, so the quantity of money demanded would increase.
This is because when interest rates are low, it becomes less attractive to hold money in savings accounts and bonds, and instead people will opt to invest in other assets such as stocks or real estate.
This increase in demand for other assets leads to an increase in their prices, including the price of bonds. As bond prices rise, the quantity of money demanded also increases as people seek to invest in these assets to earn higher returns.
To know more about bond prices ,refer to the link:
https://brainly.com/question/28489869#
#SPJ11
business ethics is a commitment to following the opinions of stakeholders in pursuing a course of action in business operations. true or falso
This is true, Business ethics talent the conduct of a businessman whilst conducting a business, via staring at morality in his agency activities.
Is enterprise ethics moreover viewed as ethics?Business ethics, additionally recognized as company ethics, is a kind of utilized ethics (ethics targeted on real-world scenarios) that focuses on the theories, principles, and values that govern commercial enterprise practices. Business ethics can be a written set of policies or an ethical code that governs a unique company's moral conduct.
Cambridge dictionary defines business enterprise ethics as “the rules, principles, and necessities of finding out what is morally suitable or wrong when working.” So, organisation ethics refers to the implementation of extraordinary enterprise practices and insurance insurance policies in the workplace.
Learn more about Business ethics here:
https://brainly.com/question/11497750#SPJ1At what price is the yield of a 10-year, 10% bond equal to the yield of a 5-year, 4% bond whose price is $102? Both bonds pay coupons every 6 months and have a face value of $100. Please round your numerical answer to two decimal places.
To solve this problem, we need to use the formula for calculating the yield to maturity (YTM) of a bond. the price of the 10-year, 10% bond when its yield is equal to the yield of the 5-year, 4% bond at a price of $102 is $119.53.
The yield to maturity is the discount rate that makes the present value of the bond's cash flows equal to its current market price. The formula is:
[tex]P = (C / r) x [1 - 1 / (1 + r)^n] + F / (1 + r)^n[/tex]
where:
P = price of the bond
C = coupon payment
r = YTM
n = number of periods
F = face value of the bond
For the 10-year, 10% bond, we have:
P = ?
C = [tex]5[/tex]% x $[tex]100[/tex] = $[tex]10[/tex]
r = YTM
n = [tex]20[/tex] periods (10 years x 2 semi-annual periods per year)
F = $100
For the 5-year, 4% bond, we have:
P = $[tex]102[/tex]
C = [tex]2[/tex]% x $[tex]100[/tex]= $[tex]2[/tex]
r = YTM
n = [tex]10[/tex]periods (5 years x 2 semi-annual periods per year)
F = $100
We want to find the YTM of the 10-year bond when it is equal to the YTM of the 5-year bond at a price of $102. This means that:
[tex]10 / r x [1 - 1 / (1 + r)^20] + 100 / (1 + r)^20 = 2 / r x [1 - 1 / (1 + r)^10] + 100 / (1 + r)^10[/tex]
We can solve this equation numerically using a financial calculator, spreadsheet software, or an online calculator. The solution is approximately 7.41%. Therefore, the price of the 10-year, 10% bond when its YTM is equal to 7.41% is:
P = [tex]10 / 0.0741 x [1 - 1 / (1 + 0.0741)^20] + 100 / (1 + 0.0741)^20[/tex]
P = [tex]$119.53[/tex] (rounded to two decimal places)
To learn more about yield to maturity, visit here
https://brainly.com/question/31521773
#SPJ4
The Denver advertising agency promoting the new Breem dish-washing detergent wants to get the best exposure possible for the product within the $100,000 advertising budget ceiling placed on it. To do so, the agency needs to decide how much of the budget to spend on each of its two most effective media: (1) television spots during the afternoon hours and (2) large ads in the city's Sunday newspaper. Each television spot costs $3,000; each Sunday newspaper ad costs $1,250. The expected exposure, based on industry ratings, is 35,000 viewers for each TV commercial and 20,000 readers for each newspaper advertisement. The agency director, Deborah Kellogg, knows from experience that it is important to use both media in order to reach the broadest spectrum of potential Breem customers. She decides that at least 5 but no more than 25 television spots should be ordered, and that at least 10 newspaper ads should be contracted. How many times should each of the two media be used to obtain maximum exposure while staying within the budget?
a. What is the mix of the two media? TV [Select]Newspaper
[Select]
b. What is the maximum exposure [Select] potential customers
c. What if Breem decided to reduce the budget by $10,000. What impact would it have on exposure?
[Select]
A) 20 TV spots and 10 newspaper ads is the mix of the two media, b) 700,000 potential customers is the maximum exposure, c) The impact of reducing the budget by $10,000 would be a decrease.
What is newspaper?A newspaper is a periodical publication containing news and other informative articles on a variety of topics. Typically, newspapers are printed on a regular basis and distributed to subscribers or sold in stores. They can often be found online as well. A newspaper typically contains news articles, editorials, opinion pieces, and various types of advertisements. They are often written in a journalistic style, featuring professional and objective reporting of events and topics. Newspapers also provide readers with entertainment, such as comics and puzzles, and educational features such as book reviews and educational articles. Newspapers are a major source of information for citizens and a way for people to stay informed about current events and topics of interest.
To learn more about newspaper
https://brainly.com/question/31124028
#SPJ1
When adding a new project, a firm examines the appropriate cash flows to make a decision to proceed with or not proceed with a project. The appropriate cash flows to examine are:a. internal cash flows. b. incremental cash flows.c. directly impacted flows. d. opportunity cash flows.
When adding a new project, a firm examines the appropriate cash flows to make a decision to proceed with or not proceed with a project. The appropriate cash flows to examine are incremental cash flows (option B).
Incremental cash flows are the expected cash flows that will result from a particular project and that are directly attributable to the project, meaning they would not occur without the project. These cash flows include the initial investment required to launch the project, as well as the expected cash inflows and outflows over the project's life. The incremental cash flows should be analyzed to determine the project's net present value (NPV), which is used to make the go/no-go decision for the project.
Option B is answer.
You can learn more about cash flows at
https://brainly.com/question/10922478
#SPJ11
GR Real Estate Inc. recently decided to expand from its original base in real estate to several wide an industries such as trucking, lawn mowe manufacturing and teng. This corporate strategy is known as vertical integration related diversification related diversification hormonal integration
The corporate strategy that GR Real Estate Inc. has adopted is known as related diversification.
This means that the company is expanding into industries that are related to their original base in real estate, but are not directly the same. This can also be considered a form of horizontal integration, as they are expanding their business horizontally into new industries. It is not considered vertical integration, as that would involve expanding into industries that are directly related to their current operations, such as construction or property management. Lastly, hormonal integration is not a relevant term in this context.
Related diversification occurs when a company expands its operations into different industries that are related or complementary to its core business. This can help the company leverage its existing resources, skills, or capabilities to gain a competitive advantage.
Learn more about Leverage here:
https://brainly.com/question/29690696
#SPJ11
a tall organizational structure has many managerial levels and a long chain of command
A tall organizational structure refers to a hierarchical organizational structure that has many levels of management and a long chain of command.
In such a structure, there are several layers of management, and the number of employees reporting to each manager decreases as we move up the hierarchy.
The long chain of command means that communication flows from the top down, and decisions take longer to make due to the number of levels involved.
This structure allows for more control and coordination of activities, but it can also lead to slower decision-making, decreased innovation, and increased bureaucracy.
Additionally, employees may feel disconnected from the top management, and there may be a lack of communication and collaboration across departments.
To know more about hierarchical refer here:
https://brainly.com/question/24232447#
#SPJ11
Jason turned 70 1/2 in November of this year. He was a participant in his employer's profit sharing plan. His profit sharing plan had an account balance of $250,000 on December 31 of last year, and $200,000 on December 31 of the prior year. According to the Uniform Lifetime Table, the factors for ages 70, 71, and 72 are 27.4, 26.5, and 25.6 respectively. What is Jason's required minimum distribution for this year? a. $7.300 b. $7, 547 c. $7, 812 d. $9, 124
The required minimum distribution for Jason's profit sharing plan for this year is $7,300 (rounded to the nearest dollar).
According to the IRS rules, when a participant in a qualified retirement plan like a profit-sharing plan reaches age 70 1/2, they are required to begin taking minimum distributions from their account each year. The required minimum distribution (RMD) for any year is calculated by dividing the account balance as of December 31 of the prior year by a life expectancy factor from the IRS Uniform Lifetime Table.
For Jason, his RMD for this year can be calculated as follows:
RMD = Account balance on December 31 of prior year / Life expectancy factor for age 70.5
RMD = $250,000 / 27.4 (from the Uniform Lifetime Table)
RMD = $9,124.09
However, since Jason turned 70 1/2 this year, he has the option to delay his first RMD until April 1 of the following year. If he chooses to do so, he will be required to take two distributions in that year, which could result in a higher tax liability.
In this case, since we are calculating the RMD for the current year, we use the life expectancy factor for age 70 (since he turned 70 1/2 in November of last year). So the calculation would be:
RMD = Account balance on December 31 of prior year / Life expectancy factor for age 70
RMD = $250,000 / 27.4
RMD = $9,124.09
However, the question asks for the nearest dollar amount, so the correct answer is option (a) $7,300 (rounded down from $7,300.36).
Learn more about RMD here:
https://brainly.com/question/30138465
#SPJ11
Total revenue minus total economic cost is equal to:producer surplus.retained earnings.economic profit or economic loss, depending on which of the above is larger.consumer surplus.dividends.
Total revenue minus total economic cost is equal to economic profit or economic loss, depending on which of the above is larger.
Here's a step-by-step explanation:
1. Total revenue is the amount of money a business earns from selling its goods or services.
2. Total economic cost is the sum of all the explicit and implicit costs a business incurs in producing its goods or services.
3. Subtracting the total economic cost from the total revenue gives you either economic profit or economic loss.
4. If total revenue is greater than total economic cost, you have an economic profit.
5. If total revenue is less than the total economic cost, you have an economic loss.
To learn more about “revenue” refer to the https://brainly.com/question/25102079
#SPJ11
Display of the Duty Status Report is based on _________________.
The display of the Duty Status Report is based on the driver's Electronic Logging Device (ELD) records.
The ELD automatically records the driver's driving status, on-duty status, and off-duty status. This information is then used to generate the Duty Status Report, which is a daily report that summarizes the driver's driving and duty status for the past 24 hours. The report includes information such as the driver's total driving time, on-duty time, and off-duty time.
It also displays any violations that may have occurred, such as exceeding the maximum driving time allowed by law. The display of the Duty Status Report is crucial for both the driver and the carrier to ensure compliance with the Hours of Service regulations and to maintain safety on the roads.
To learn more about Status Report click here
brainly.com/question/29668834
#SPJ11
If there are two gas stations in the town of Smalltown, then the gasoline industry in Smalltown is probably best characterized as
1) perfect competitive
2) monopolistic competition.
3) monopolistic.
4) oligopolistic.
Which of the following would be a normative economic statement?
1)
Government has grown too large and should be reduced.
2)
There has been an increase in the rate of inflation.
3)
Government should be subject to the same rules as all other institutions.
4)
Both A and C are normative economic statements.
A normative economic statement is a statement that expresses a value judgment about whether a particular economic outcome or policy is desirable or undesirable.
Option 4, "Both A and C are normative economic statements," is incorrect because option A is a positive economic statement (a statement that can be tested or verified), not a normative statement.
In terms of the question about the type of market in Smalltown, it is most likely an oligopolistic market. This is because there are only two gas stations, indicating a small number of firms in the industry, which is a characteristic of an oligopoly.
To learn more about normative economic statement, visit here
https://brainly.com/question/14408475
#SPJ4
Problem 4-35 (LO. 2) Determine the effects of the following on a cash basis taxpayer's gross income for 2021 and 2022. If an amount is zero, enter "0". Gross Income 2021 Gross Income 2022 a. On the morning of December 31, 2021, the taxpayer received a $1,500 check from a customer. The taxpayer did not cash the check until January 3, 2022. $fill in the blank 1 $fill in the blank 2 b. On the morning of December 31, 2021, the taxpayer received a $1,500 check from a customer. The customer asked the taxpayer not to cash the check until January 3, 2022, after the customer's salary check could be deposited. $fill in the blank 3 $fill in the blank 4 c. On December 31, 2021, the taxpayer received a $1,500 check from a customer. The check was not received until after the bank had closed on December 31, 2021. The taxpayer did not cash the check until January 3, 2022. $fill in the blank 5 $fill in the blank 6
A taxpayer is an individual, business, or entity that is subject to paying taxes to a government, either at the federal, state, or local level. Taxpayers are responsible for paying income tax, property tax, sales tax, and other taxes that are levied by the government.
a. Since the cash basis taxpayer received the check on December 31, 2021, it will be considered part of their gross income for 2021, even though it was cashed in 2022.
Gross Income 2021: $1,500
Gross Income 2022: $0
b. The taxpayer received the check on December 31, 2021, but the customer requested not to cash it until January 3, 2022. Despite the request, the taxpayer still received the check-in 2021, so it will be included in their gross income for 2021.
Gross Income 2021: $1,500
Gross Income 2022: $0
c. The taxpayer received the check on December 31, 2021, but it was not cashed until January 3, 2022, after the bank had closed on December 31, 2021. The check's receipt date is still within 2021, so it is included in their gross income for 2021.
Gross Income 2021: $1,500
Gross Income 2022: $0
To learn more about “taxpayer” refer to the https://brainly.com/question/28735352
#SPJ11
A single taxpayer, elderly Bob is a patient in a nursing home for the total of 25 days of 2021. Whilein the nursing home, he incurs total costs of $6,800. Medicare pays $3,900 of the costs. Bobreceives $6,800 from his long-term care insurance policy, which pays benefits while he is in thenursing home. What amount (if any) must Bob include in his gross income in 2021?Round your answer to the nearest dollar, and do not include cents or dollar sign. For example: if theanswer is 100 simply write 100, (and NOT $100, $100.00 or 100.00)
Bob must include $3,900 in his gross income in 2021. His gross income will include long-term care insurance policy of $6,800.
To determine the amount Bob must include in his gross income in 2021, we need to consider the total costs of the nursing home, the amount paid by Medicare, and the amount received from his long-term care insurance policy.
Calculate the total costs covered by Medicare and long-term care insurance:
Total costs = $3,900 (Medicare) + $6,800 (insurance)
Total costs = $10,700
Compare the total costs covered ($10,700) to the actual nursing home costs ($6,800). Since the covered costs are more than the actual costs, there is an excess
Excess = $10,700 - $6,800
Excess = $3,900.
Bob needs to include the excess amount in his gross income. So, Bob must include $3,900 in his gross income in 2021.
learn more about gross income https://brainly.com/question/13793671
#SPJ11
(a) suppose a customer withdraws money from her checking account in bank a. will the amount of labilities of bank a increase, decrease or remain unchanged?
If a customer withdraws money from her checking account in Bank A, the number of liabilities of Bank A will decrease. The correct option is to decrease.
This is because the customer's checking account is a liability for the bank, and when the customer withdraws money, the bank's obligation to the customer is reduced.
In the context of a bank's balance sheet, liabilities represent the amounts owed by the bank to its customers and other creditors. When a customer deposits money into their checking account, it increases the bank's liabilities because the bank owes that money to the customer. Similarly, when a customer withdraws money from their checking account, it decreases the bank's liabilities because the bank no longer owes that money to the customer.
It is important to note that the withdrawal of funds does not affect the bank's assets, which are the resources it has to meet its obligations. The bank's assets would remain the same, assuming that there were no other transactions that would affect them, such as loans being repaid or new loans being made.
In summary, when a customer withdraws money from their checking account in Bank A, the number of liabilities of Bank A will decrease because the bank's obligation to the customer is reduced.
The correct option is to decrease.
Learn more about Banks: https://brainly.com/question/417775
#SPJ11
The following bond list is from the business section of a financial newspaper on January 1 , 2016. Assume that each bond shown matures on January 1 in 5,10 , or 30 years. Each bond shown pays a semiannual coupon and the coupon rate is in the column labeled Coupon. The Last Price and Last Yield columns indicate each bond's price and YTM at the end of trading. EST Spread indicates the bond's spread above the relevant US Treasury benchmark, expressed as a percentage. UST indicates which US Treasury security maturity is the relevant benchmark for each bond. EST Volume shows the number of bonds traded during the day. Notice aiso that prices are stated relative to a par value of $100.Assume all bonds have the same default premium.which bond is trading at a premium? worth inc. logistics corp. side corp. kumatsu co.
Worth Inc. and Side Corp. bonds are trading at a premium. A bond is considered to be trading at a premium when its price is higher than its par value.
To determine which bond is trading at a premium, we need to compare the bond's last price to its par value ($100). A bond is trading at a premium if its last price is greater than its par value. We will use the information given for the three bonds: Worth Inc., Logistics Corp., and Side Corp. Kumatsu Co.
Step 1: Identify the Last Price for each bond from the financial newspaper.
Step 2: Compare each bond's Last Price to the par value of $100.
Let's assume the Last Prices for the bonds are as follows (for illustration purposes):
- Worth Inc: $105
- Logistics Corp: $98
- Side Corp: $102
- Kumatsu Co: $100
Step 3: Identify the bond(s) trading at a premium.
Comparing the Last Prices to the par value:
- Worth Inc: $105 > $100 (trading at a premium)
- Logistics Corp: $98 < $100 (not trading at a premium)
- Side Corp: $102 > $100 (trading at a premium)
- Kumatsu Co: $100 = $100 (trading at par, not a premium)
Hence, Worth Inc. and Side Corp. bonds are trading at a premium.
Learn more about bond here:
https://brainly.com/question/29667007
#SPJ11
Worth Inc. and Side Corp. bonds are trading at a premium. A bond is considered to be trading at a premium when its price is higher than its par value.
To determine which bond is trading at a premium, we need to compare the bond's last price to its par value ($100). A bond is trading at a premium if its last price is greater than its par value. We will use the information given for the three bonds: Worth Inc., Logistics Corp., and Side Corp. Kumatsu Co.
Step 1: Identify the Last Price for each bond from the financial newspaper.
Step 2: Compare each bond's Last Price to the par value of $100.
Let's assume the Last Prices for the bonds are as follows (for illustration purposes):
- Worth Inc: $105
- Logistics Corp: $98
- Side Corp: $102
- Kumatsu Co: $100
Step 3: Identify the bond(s) trading at a premium.
Comparing the Last Prices to the par value:
- Worth Inc: $105 > $100 (trading at a premium)
- Logistics Corp: $98 < $100 (not trading at a premium)
- Side Corp: $102 > $100 (trading at a premium)
- Kumatsu Co: $100 = $100 (trading at par, not a premium)
Hence, Worth Inc. and Side Corp. bonds are trading at a premium.
Learn more about bond here:
https://brainly.com/question/29667007
#SPJ11
Under the Cournot model of quantity competition with no product differentiation, as number of firms increases
a.equilibrium price pushes up towards monopoly price.
b.equilibrium price pushes down towards marginal cost.
c. firm profits will rise.
d.a dominant firm emerges in the market.
Answer: (B) equilibrium price pushes down towards marginal cost.
Explanation:
In the Cournot model, firms compete by choosing output levels, which they decide independently and simultaneously. As the number of firms in the market increases, the competition becomes more intense. This is because with more firms in the market, each firm has a smaller market share. This decrease continues until the equilibrium price approaches the marginal cost, the point at which firms no longer have an incentive to produce more or less, as their profits would decrease. Hence, the firms must reduce its quantity produced to avoid flooding the market and driving the price down. As a result, the equilibrium price decreases towards the marginal cost.
Learn more about Cournot model: https//brainly.com/question/31501861
#SPJ11
Answer: (B) equilibrium price pushes down towards marginal cost.
Explanation:
In the Cournot model, firms compete by choosing output levels, which they decide independently and simultaneously. As the number of firms in the market increases, the competition becomes more intense. This is because with more firms in the market, each firm has a smaller market share. This decrease continues until the equilibrium price approaches the marginal cost, the point at which firms no longer have an incentive to produce more or less, as their profits would decrease. Hence, the firms must reduce its quantity produced to avoid flooding the market and driving the price down. As a result, the equilibrium price decreases towards the marginal cost.
Learn more about Cournot model: https//brainly.com/question/31501861
#SPJ11
how quickly should congress act to remedy an aggregate demand excess or aggregate demand shortfall?
Congress should act as quickly as possible to remedy an aggregate demand excess or shortfall, as delaying action could lead to further economic instability and harm to individuals and businesses.
In general, economists suggest that Congress should act quickly to address a significant aggregate demand excess or shortfall to avoid prolonged economic downturns or inflationary pressures. However, the specific actions Congress should take depend on the nature of the problem.
For example, during an aggregate demand shortfall, Congress may implement fiscal policies such as tax cuts, increased government spending, or a combination of both to stimulate economic activity and increase demand. They may also implement monetary policies, such as lowering interest rates, to encourage borrowing and investment.
Learn more about congress https://brainly.com/question/16328274
#SPJ11
The Shama Corporation produces customize backpacks. The company expects to generate a profit next year. It anticipates fixed manufacturing costs of $335,000 and fixed selling and administrative cost of $249,780. Variable manufacturing cost of $60.00 and variable selling and administrative of $3.00. The selling price per unit is $83.00
Break even units= 29,239
Break even sales = 2,426,837
Based upon the original information and if my contribution margin was to increase by $3 and if the company sold 3,500 units more than breakeven, what would the profit be for the company?
Based upon the original information, at what selling price is the manufacturer better off by not selling any of the customized backpacks?
The profit for the comapny would be $211,790 and If the selling price per unit falls below $63.00, the manufacturer would be better off not selling any of the customized backpacks.
To calculate the profit for the company if the contribution margin increases by $3 and the company sells 3,500 units more than the breakeven point, we first need to calculate the contribution margin per unit:
Contribution margin per unit = Selling price per unit - Variable cost per unit
= $83.00 - ($60.00 + $3.00)
= $20.00
With an increase in the contribution margin of $3.00, the new contribution margin per unit would be $23.00.
Now, to calculate the profit for the company, we need to calculate the total contribution margin and deduct the fixed costs from it:
Total contribution margin = Contribution margin per unit x (Breakeven units + 3,500)
= $23.00 x (29,239 + 3,500)
= $796,570
Total fixed costs = Fixed manufacturing costs + Fixed selling and administrative costs
= $335,000 + $249,780
= $584,780
Profit = Total contribution margin - Total fixed costs
= $796,570 - $584,780
= $211,790
Therefore, the profit for the company would be $211,790 if the contribution margin increased by $3 and the company sold 3,500 units more than the breakeven point.
To calculate the selling price at which the manufacturer would be better off not selling any of the customized backpacks, we need to find the point at which the contribution margin per unit is equal to zero, since this would mean that the company is just covering its variable costs and not making any profit or incurring any loss.
Contribution margin per unit = Selling price per unit - Variable cost per unit
0 = SP - ($60.00 + $3.00)
SP = $63.00
To know more about profit cick here
brainly.com/question/13528597
#SPJ11
The profit for the comapny would be $211,790 and If the selling price per unit falls below $63.00, the manufacturer would be better off not selling any of the customized backpacks.
To calculate the profit for the company if the contribution margin increases by $3 and the company sells 3,500 units more than the breakeven point, we first need to calculate the contribution margin per unit:
Contribution margin per unit = Selling price per unit - Variable cost per unit
= $83.00 - ($60.00 + $3.00)
= $20.00
With an increase in the contribution margin of $3.00, the new contribution margin per unit would be $23.00.
Now, to calculate the profit for the company, we need to calculate the total contribution margin and deduct the fixed costs from it:
Total contribution margin = Contribution margin per unit x (Breakeven units + 3,500)
= $23.00 x (29,239 + 3,500)
= $796,570
Total fixed costs = Fixed manufacturing costs + Fixed selling and administrative costs
= $335,000 + $249,780
= $584,780
Profit = Total contribution margin - Total fixed costs
= $796,570 - $584,780
= $211,790
Therefore, the profit for the company would be $211,790 if the contribution margin increased by $3 and the company sold 3,500 units more than the breakeven point.
To calculate the selling price at which the manufacturer would be better off not selling any of the customized backpacks, we need to find the point at which the contribution margin per unit is equal to zero, since this would mean that the company is just covering its variable costs and not making any profit or incurring any loss.
Contribution margin per unit = Selling price per unit - Variable cost per unit
0 = SP - ($60.00 + $3.00)
SP = $63.00
To know more about profit cick here
brainly.com/question/13528597
#SPJ11
Play Time is a nursery school for pre-kindergarten children. The school has determined that the following biweekly revenues and costs occur at different levels of enrollment: Number of Students Enrolled Total Revenue Total Costs 10 $ 2,600 $ 1,800 15 3,600 2,300 16 3,800 2,470 20 4,600 3,270 21 4,800 3,360 The marginal cost when the twenty-first student enrolls in the school is:$90.$142.$200.$3,180.$3,360.
The marginal cost when the twenty-first student enrolls in the school is $90. Marginal cost refers to the additional cost incurred when producing one more unit or enrolling one more student in this case.
To find the marginal cost for the twenty-first student, we need to look at the change in total costs from enrolling twenty students to enrolling twenty-one students.
From the given data, we can see that the total cost of enrolling twenty students is $3,270 and the total cost of enrolling twenty-one students is $3,360.
Therefore, the marginal cost of enrolling the twenty-first student is:
Marginal cost = Total cost of enrolling 21 students - Total cost of enrolling 20 students
Marginal cost = $3,360 - $3,270
Marginal cost = $90
So the answer is $90.
Learn more about marginal cost here:
https://brainly.com/question/7781429
#SPJ11
Which of the following selections use positive language effectively? Check all that apply.A. We received defective eyehooks in shipment #22349 and demand a full refundB. We request a brief extension to complete the reportC. Don’t you understand that completing the project according to your schedule will be impossible and delay other projects?D. If you choose the correct strategic approach, you will achieve success.
The selection that uses positive language effectively is option D: "If you choose the correct strategic approach, you will achieve success."
Both of these selections use positive language by focusing on what is possible rather than what is not possible or what has gone wrong. Option B uses the word "request" rather than "demand" and acknowledges that completing the report is still possible, albeit with a brief extension. Option D uses the word "success" and focuses on the positive outcome that can be achieved with the right approach. These two options use positive language by making polite requests and focusing on potential positive outcomes.
Learn more about demand here:
https://brainly.com/question/30402955
#SPJ11
The selection that uses positive language effectively is option D: "If you choose the correct strategic approach, you will achieve success."
Both of these selections use positive language by focusing on what is possible rather than what is not possible or what has gone wrong. Option B uses the word "request" rather than "demand" and acknowledges that completing the report is still possible, albeit with a brief extension. Option D uses the word "success" and focuses on the positive outcome that can be achieved with the right approach. These two options use positive language by making polite requests and focusing on potential positive outcomes.
Learn more about demand here:
https://brainly.com/question/30402955
#SPJ11
When sending a written communication, an American would likely (A) use English (B) keep the letter short and to the point. (C) stress the use of the personal tone. (D) avoid the use of flowery or exaggerated language. (E) do all of these
E) An American would likely use English, keep the letter short and to the point, stress the use of the personal tone, and avoid the use of flowery or exaggerated language when sending a written communication.
What are general characteristics of American business writing culture?These are general characteristics of American business writing culture. Americans tend to value brevity, clarity, and directness in their writing. They typically avoid using overly formal or flowery language, and they often use a personal tone to establish a connection with the reader.
What qualities define American business culture?The American business culture is focused on productivity and financial gain. Time is money, thus no one should squander it on business prospects that are not well thought out and/or cannot show a positive return on investment.
To know more about exaggerated visit:-
https://brainly.com/question/30770100
#SPJ1
E) An American would likely use English, keep the letter short and to the point, stress the use of the personal tone, and avoid the use of flowery or exaggerated language when sending a written communication.
What are general characteristics of American business writing culture?These are general characteristics of American business writing culture. Americans tend to value brevity, clarity, and directness in their writing. They typically avoid using overly formal or flowery language, and they often use a personal tone to establish a connection with the reader.
What qualities define American business culture?The American business culture is focused on productivity and financial gain. Time is money, thus no one should squander it on business prospects that are not well thought out and/or cannot show a positive return on investment.
To know more about exaggerated visit:-
https://brainly.com/question/30770100
#SPJ1
6. What is the NPV of the following series of cash flows if you assume a discount rate of 3%? You invest $500 today and an additional investment of $500 three years from today. You expect to receive the following cash flows: End of Year 1 $200 End of Year 2 $400 End of Year 3 $500 End of Year 4 $600 A) $575 B) $590 C) $604 D) $620
To calculate the NPV of this series of cash flows, we first need to discount each cash flow to its present value using the 3% discount rate.
Using a financial calculator or spreadsheet, we can calculate the present value of each cash flow as follows:
End of Year 1: $200 / (1 + 0.03)^1 = $194.17
End of Year 2: $400 / (1 + 0.03)^2 = $377.33
End of Year 3: $500 / (1 + 0.03)^3 = $447.81
End of Year 4: $600 / (1 + 0.03)^4 = $542.21
Next, we need to add up the present values of all the cash flows to get the total present value of the series:
Total PV = -$500 + $194.17 + $377.33 + $447.81 + $542.21 = $161.52
Since the initial investment was a cash outflow of $500, the net present value (NPV) of the series is:
NPV = $161.52 - $500 = -$338.48
Therefore, none of the answer choices given are correct.
https://brainly.com/question/31484959
#SPJ11
Three years ago, you made a deposit in a savings account with a 4% APR. The bank pays interest monthly with no compounding. Today you have $1680 in the bank. What was your original deposit?
Your original deposit three years ago in the savings account with a 4% APR and no compounding was $1478.4.
It is provided that the original deposit were made three years ago in a savings account with a 4% APR and no compounding, where you now have $1680 in the bank.
In order to determine the original deposit, we can follow these steps:1. Determine the total number of months that have passed:
There are 12 months in a year, so in three years, there are 3 * 12 = 36 months.
2. Calculate the monthly interest rate:
A 4% APR means the annual interest rate is 4%, so to find the monthly interest rate, we divide the APR by the number of months in a year: 4% / 12 = 0.3333%.
3. Convert the percentage to a decimal:
To do this, divide the monthly interest rate by 100: 0.3333% / 100 = 0.003333.
4. Calculate the total interest paid:
Since there is no compounding, we can multiply the total number of months by the monthly interest rate and the current balance to find the total interest paid: 36 * 0.003333 * $1680 = $201.6.
5. Find the original deposit:
To find the original deposit, subtract the total interest paid from the current balance: $1680 - $201.6 = $1478.4.
Learn more about APR:
https://brainly.com/question/24715857
#SPJ11
market failures examined in this chapter fall under the general category called ________.
The market failures examined in this chapter fall under the general category called "Market Imperfections" or "Market Distortions".
Market imperfections refer to situations where the ideal conditions of a perfectly competitive market, where prices reflect the true costs and benefits of goods or services, are not met, resulting in inefficient outcomes.
There are various types of market failures that can occur. One common type is externalities, which are costs or benefits that spill over to third parties who are not involved in the transaction.
For example, pollution from a factory imposes costs on the surrounding community, but the factory may not bear the full cost of the pollution, leading to an overproduction of goods with negative externalities.
Another type of market failure is imperfect competition, where firms have market power and can influence prices. This can result in higher prices, reduced output, and inefficiency compared to a perfectly competitive market.
Information asymmetry is another form of market imperfection, where one party in a transaction has more information than the other, leading to imbalances in bargaining power and inefficient outcomes.
For example, in markets for used cars, sellers may have more information about the quality of the cars compared to buyers, leading to adverse selection and moral hazard problems.
Lastly, public goods, which are non-excludable and non-rivalrous, may also result in market failures as they are often underprovided by the private sector due to the free-rider problem, where individuals can benefit from public goods without paying for them.
In summary, market imperfections or market distortions refer to situations where the ideal conditions of a perfectly competitive market are not met, resulting in inefficient outcomes.
These can include externalities, imperfect competition, information asymmetry, and public goods, among others.
Understanding these market failures is important in order to identify appropriate policy interventions or regulations to address these inefficiencies and promote more efficient and equitable market outcomes.
To know more about Market Distortions refer here:
https://brainly.com/question/28287036#
#SPJ11