Therefore, the correct answer is: b. $120,000. The net cash provided by investing activities can be calculated by adding the cash inflows from the sale of land and equipment and the cash outflow from the purchase of equipment.
Net cash provided by investing activities = ($100,000 + $50,000) - $30,000
Net cash provided by investing activities = $120,000 - $30,000
Net cash provided by investing activities = $90,000
Note that the issuance of common stock and payment of cash dividends are not investing activities, but rather financing activities. Therefore, they are not included in the calculation of net cash provided by investing activities.
So the answer is b. $120,000.
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What is the Action type selected for a Transfer PAR?
There is no particular "Activity type" related with an Transfer PAR (Property Accountability Record).
An Transfer PAR is a report used to move property or resources starting with one responsible individual or association then onto the next. It fills in as a record of the exchange and incorporates data like the thing's portrayal, chronic number (if pertinent), condition, and other significant subtleties.
The particular activity type connected with an Transfer PAR might change relying upon the association or office included and their inner methods. Notwithstanding, normally, the Transfer PAR is started by the responsible individual or association that desires to move the property.
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When enough customers have bought the product so that it begins to draw the attention of the general public, the product is entering the
Multiple Choice
a. introduction stage.
b. growth stage.
c. maturity stage.
d. decline stage.
When a product begins to draw the attention of the general public after enough customers have bought it, the product is entering the growth stage. The correct option is B.
During the growth stage of the product life cycle, sales and demand for the product begin to increase rapidly as more and more customers become aware of the product and start buying it. This growth in demand is often due to positive word-of-mouth from early adopters and satisfied customers, leading to the product gaining wider attention from the general public.
This stage is characterized by increasing sales, expanding distribution, and rising profits. Therefore, the correct option is B.
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Swifty is an electronics components manufacturer. Information about the company’s two products follows: AM-2 FM-9 Units produced 20,000 6,000 Direct labor hours required for production 10,000 15,000 Units per batch 4,000 600 Shipping weight per unit 0.50 lbs. 10.00 lbs. The company incurs $775,000 in overhead per year and has traditionally applied overhead on the basis of direct labor hours.
How much overhead will be allocated to each product using the traditional direct labor hours allocation base? (Round per unit rates to 2 decimal places, e.g. 3.54 and final answers to 0 decimal places, e.g. 45,000.) AM-2 FM-9 Total allocated overhead $ _______ $_______
The total allocated overhead for AM-2 is $310,000, and for FM-9, it is $465,000.
To determine how much overhead will be allocated to each product using the traditional direct labor hours allocation base, follow these steps:
1. Calculate the total direct labor hours for both products:
Total direct labor hours = Direct labor hours for AM-2 + Direct labor hours for FM-9
Total direct labor hours = 10,000 + 15,000
Total direct labor hours = 25,000
2. Calculate the overhead rate per direct labor hour:
Overhead rate per direct labor hour = Total overhead / Total direct labor hours
Overhead rate per direct labor hour = $775,000 / 25,000
Overhead rate per direct labor hour = $31
3. Allocate the overhead to each product based on the direct labor hours required for production:
Allocated overhead for AM-2 = Overhead rate per direct labor hour * Direct labor hours for AM-2
Allocated overhead for AM-2 = $31 * 10,000
Allocated overhead for AM-2 = $310,000
Allocated overhead for FM-9 = Overhead rate per direct labor hour * Direct labor hours for FM-9
Allocated overhead for FM-9 = $31 * 15,000
Allocated overhead for FM-9 = $465,000
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A company has net sales of $915,000 and cost of goods sold of $607,000. Its net income is $109,500. The company's gross margin and operating expenses, respectively, are: Multiple Choice $308,000 and $410,500 $308,000 and $109,500 $308,000 and $198,500 $716,500 and $198,500 $198,500 and $109,500
The company's gross margin and operating expenses are $308,000 and $198,500 respectively. Therefore, the correct option is option 3.
To determine the company's gross margin and operating expenses, we'll need to use the provided information:
net sales of $915,000, cost of goods sold of $607,000, and net income of $109,500.
In order to calculate the gross margin and operating expenses, follow these steps:Step 1: Calculate the gross margin.
Gross margin = Net sales - Cost of goods sold
Gross margin = $915,000 - $607,000
Gross margin = $308,000
Step 2: Calculate the operating expenses.
Operating expenses = Gross margin - Net income
Operating expenses = $308,000 - $109,500
Operating expenses = $198,500
So, the company's gross margin and operating expenses, respectively, are: $308,000 and $198,500. This corresponds to the third option.
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Groupon is talked about in the media, discussed between friends, and featured in a textbook. These are examples of
Multiple Choice
word of mouth.
public relations.
marketing mix.
publicity.
B2B communication
In summary The correct answer is "publicity."
What is Publicity?
Publicity refers to the unpaid communication of information about a company, product, or service that appears in the media, through word-of-mouth, or other channels of communication.
Groupon being talked about in the media, discussed between friends, and featured in a textbook are all examples of publicity. This type of communication is different from advertising, which involves paying for space or time to promote a product or service. Publicity can be positive or negative, and companies often use public relations strategies to manage and control their public image.
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a company has net sales of $1,387,200 and average accounts receivable of $408,000. what is its accounts receivable turnover for the period?a. 0.23
b. 5.60
c. 20.90
d. 74.20
e. 3.30
To calculate the accounts receivable turnover for a company with net sales of $1,387,200 and average accounts receivable of $408,000, follow these steps:
1. Use the accounts receivable turnover formula: Accounts Receivable Turnover = Net Sales / Average Accounts Receivable
2. Plug in the given values: Accounts Receivable Turnover = $1,387,200 / $408,000
3. Calculate the result: Accounts Receivable Turnover ≈ 3.40
While the calculated value is not an exact match with the provided options, the closest answer is e. 3.30.
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Which bond has the least degree of interest rate risk?
A. 8% coupon rate, 15 years to maturity.
B. 10% coupon rate, 10 years to maturity.
C. 12% coupon rate, 8 years to maturity.
D. 8% coupon rate, 12 years to maturity.
The bond with the least degree of interest rate risk is which has a 12% coupon rate and 8 years to maturity. The correct option is C. 12% coupon rate, 8 years to maturity.
This is because the higher the coupon rate, the less sensitive the bond's price is to changes in interest rates. The shorter the maturity, the less sensitive the bond's price is to changes in interest rates as well.
When interest rates rise, bond prices fall. A higher coupon rate means the bond will pay a larger portion of its cash flow as interest payments, reducing the impact of any decrease in price. Similarly, with a shorter time to maturity, there is less time for interest rates to fluctuate and affect the bond's price.
In contrast, the bond in option A has a lower coupon rate and a longer maturity, making it more sensitive to changes in interest rates. Option B has a higher coupon rate, but the shorter maturity helps to offset this. Option D has a lower coupon rate and a longer maturity, making it more sensitive to changes in interest rates as well. The correct option is C. 12% coupon rate, 8 years to maturity.
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(e) Recommend two ways in which communication could be improved in a large
organisation. Justify your recommendations.
Way 1:
Way 2:
Give suggestions I will write analysis and conclusion
The recommended ways to improve communication are given below:
The RecommendationsWay 1: Implement a centralized communication platform such as Slack or Microsoft Teams to improve collaboration and facilitate real-time communication across different teams and departments. This would enable employees to quickly and easily share information, documents, and updates, leading to increased productivity and more efficient decision-making.
Way 2: Conduct regular town hall meetings or all-hands meetings, where senior leaders can address the entire organization, provide updates on business goals and priorities, and answer questions from employees. This would help improve transparency and ensure that everyone is aligned on company goals and objectives, leading to greater engagement and job satisfaction.
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what is the future value of a $12,400 lump sum invested for seven years in an account paying 8 percent interest?
The future value of the $12,400 lump sum invested for seven years at 8% interest is $21,254.32.
Using the formula for future value of a lump sum:
FV = PV x (1 + r[tex])^n[/tex]
Where:
PV = Present value of the lump sum (i.e., $12,400)
r = Interest rate per period (i.e., 8% per year)
n = Number of periods (i.e., 7 years)
Plugging in the values, we get:
FV = $12,400 x (1 + 0.08)^7
FV = $12,400 x 1.7138
FV = $21,254.32
Therefore, the future value of the $12,400 lump sum invested for seven years at 8% interest is $21,254.32.
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Indicate the effect that the following will have on the operating cycle (increase, decrease or no change). a. Average receivables go up. b. Inventory turnover goes from 3 times to 7 times. c. Payables turnover goes from 6 times to 11 times. d. Receivables turnover goes from 7 times to 9 times. e. Payments to supplier are accelerated
One key measure of a company's liquidity is the current ratio, which compares its current assets to its current liabilities. A higher current ratio indicates a greater ability to meet short-term obligations.
a. Increase
b. Decrease
c. Increase
d. No change
e. Decrease
However, relying solely on the current ratio can be misleading, as it doesn't take into account the composition of a company's current assets and liabilities. For example, a company with a high current ratio but a large proportion of slow-moving inventory may struggle to convert those assets into cash quickly enough to meet its obligations.
To get a more complete picture of a company's liquidity, analysts often use other metrics such as the quick ratio, which excludes inventory from current assets, or the cash conversion cycle, which measures the time it takes to convert inventory into cash and then use that cash to pay suppliers. By analyzing multiple liquidity ratios together, analysts can better assess a company's ability to meet its short-term obligations and manage its working capital effectively.
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in the first step in developing an activity−based costing system, the management team must think about how each activity for a product or service might be improved or whether is it necessary at all.O True False
True. In the first step of developing an activity-based costing system, the management team must evaluate each activity for a product or service.
In order to determine if it is necessary and how it can be improved to increase efficiency and effectiveness. This is essential for accurately allocating costs and ultimately improving the profitability of the product or service. Because in the first step of developing an activity-based costing system, the management team must consider how each activity for a product or service might be improved or whether it is necessary at all. This process helps in understanding the costs and value of each activity, allowing for better decision-making and resource allocation.
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True. In the first step of developing an activity-based costing system, the management team must evaluate each activity for a product or service.
In order to determine if it is necessary and how it can be improved to increase efficiency and effectiveness. This is essential for accurately allocating costs and ultimately improving the profitability of the product or service. Because in the first step of developing an activity-based costing system, the management team must consider how each activity for a product or service might be improved or whether it is necessary at all. This process helps in understanding the costs and value of each activity, allowing for better decision-making and resource allocation.
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What would happen in the long run if DiGiorno stopped advertising? Use the straight-line tool on the graph below to illustrate the demand curve that DiGiorno would face if it ceased marketing its product as a higher-than-average quality frozen pizza. Start this new demand curve at Q = 1 and continue to Q = 12. To refer to the graphing tutorial for this question type, please click here. DiGiorno Pizza Price 16 MC 15 14 13 12 ATC , 11 10 8 7 6 5 3 2 1 D MR 0 Quantity
DiGiorno would probably experience a lower demand for their pizza without advertising and would need to lower their prices to sell the same number of pizzas as before.
What would happen in the long run if DiGiorno stopped advertising?If DiGiorno stopped advertising, their demand curve would probably shift to the left, resulting in lower demand for pizzas at any given price than before. This is so that consumers will be more willing to pay more for DiGiorno's superior frozen pizza due to advertising's role in brand awareness and differentiation. Without this differentiation, customers might be less inclined to pay more for DiGiorno's pizza and might instead choose less expensive substitutes. The new demand curve for DiGiorno's pizza would begin at Q = 1 and intersect the initial demand curve at a price of about $10, according to the graph's straight-line tool. In contrast to the initial demand curve, the new demand curve would then continue until Q = 12, but at a lower price level. This demonstrates that DiGiorno would probably experience a lower demand for their pizza without advertising and would need to lower their prices to sell the same number of pizzas as before.
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will the laws which affect the transaction to be different depending on which country you are shipping your products to?
Yes, the laws that affect transactions can vary depending on which country the products are being shipped to. Each country has its own set of laws and regulations regarding imports and exports, taxes, customs, and trade agreements.
It is important for businesses to research and understand the laws and regulations of each country they are conducting business with to avoid legal and financial consequences. Additionally, international trade agreements and policies between countries can also affect the laws and regulations surrounding transactions, making it crucial for businesses to stay informed and up-to-date on any changes or updates in these agreements.
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A yield curve that reflects relatively similar borrowing costs for both short-term and long-term loans is called as ________.
Select one:
a. flat yield curve
b. inverted yield curve
c. normal yield curve
d. lognormal curve
A yield curve that reflects relatively similar borrowing costs for both short-term and long-term loans is called as (c) normal yield curve.
What is normal yield curve?A normal yield curve is a graphical representation of the link between the yield on bonds and maturities , where longer-term bonds have a higher yield compared to shorter-term bonds due to the risks associated with time . In other words, a normal yield curve slopes upward from left to right , indicating that the market usually expects more compensation for greater risk . Short-term bonds tend to have lower yields to reflect the fact that an investor's money is at less risk . A normal yield curve is considered a sign of a regular pace of economic growth.
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management is looking for someone to work the holidays. you believe that management would think better of you if you worked the holidays. if you work the holidays, which influence strategy was utilized?
The influence strategy that was utilized in this scenario is the impression management strategy. By believing that management would think better of you if you worked the holidays, you are trying to manage their impression of you in a positive way.
You are hoping that your willingness to work during the holidays will be perceived as a valuable trait and enhance your standing in the eyes of management.
Based on the information provided, if you work the holidays because you believe that management would think better of you, the influence strategy utilized is "ingratiation." Ingratiation is a technique used to gain favor or approval by attempting to please others, in this case by working during the holidays to improve your standing with management.
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4. why is the supply of physicians relatively inelastic? given the inelastic supply, what would be the impact of an increase in the demand for physician services? be sure to fully explain your answer.
The supply of physicians is relatively inelastic due to several factors. First, becoming a physician requires a significant investment of time and money in education and training, which makes it difficult for the supply to quickly respond to changes in demand.
Second, there are also limitations on the number of medical schools and residency programs, which further restrict the supply of physicians.Given the inelastic supply of physicians, an increase in the demand for physician services would lead to an increase in the price of these services. This is because the supply of physicians is not able to increase quickly enough to meet the increased demand. As a result, patients may have to pay more for physician services or face longer wait times to see a doctor.
Additionally, an increase in demand may also lead to changes in the way healthcare is delivered. For example, there may be greater use of technology or non-physician healthcare providers to meet the increased demand. However, these solutions may not be able to fully address the gap between supply and demand for physician services.
Overall, the inelastic supply of physicians means that an increase in demand for their services will lead to higher prices and potential access issues. It highlights the importance of policies and programs that support the training and recruitment of physicians to meet the changing healthcare needs of the population.
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in order to assess risk in aeronautical decision making, what two basic considerations are recommended?
In order to assess risk in aeronautical decision-making, it is recommended to consider both the probability and severity of potential outcomes.
Probability refers to the likelihood of a particular event occurring, while severity refers to the impact or consequences of that event if it were to occur. By considering both factors, pilots can make informed decisions about how to manage and mitigate risks during flight.
In order to assess risk in aeronautical decision making, the two basic considerations recommended are: 1) identifying hazards and 2) determining the level of risk associated with each hazard. These considerations are essential for ensuring safety and making informed decisions in aviation.
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Siren Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2017, the company incurred the following costs. Siren Company sells the fishing lures for $27.25. During 2017, the company sold 80,000 lures and produced 90,000 lures. Assuming the company uses variable costing, calculate Siren's manufacturing cost per unit for 2017 . (Round answer to 2 decimal places, e.g.10.50.) Manufacturing cost per unit $ Prepare a variable costing income statement for 2017 . (Enter negative amounts using either a negative sign preceding the number e. A5 armawntharar an 11511 Assuming the company uses absorption costing, calculate Siren's manufacturing cost per unit for 2017 . (Round answer to 2 decimal places, e.g.10.50.) Manufacturing cost per unit $ eTextbook and Media Prepare an absorption costing income statement for 2017. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Siren Company's manufacturing cost per unit for 2017 was $0.08 using variable costing and $8.75 using absorption costing. The company's net income for 2017 was $1,015,000 using variable costing and $952,500 using absorption costing.
Siren Company's manufacturing cost per unit for 2017 using variable costing can be calculated as follows: Variable manufacturing cost per unit = (Direct materials + Direct labor + Variable manufacturing overhead) / Units produced = ($2.50 + $3.75 + $1.25) / 90,000 = $7.50 / 90,000 = $0.0833 or $0.08 (rounded to 2 decimal places) Therefore, Siren Company's manufacturing cost per unit for 2017 using variable costing was $0.08. Using this information, we can prepare a variable costing income statement for 2017 as follows: Variable costing income statement for 2017: Sales revenue ($27.25 x 80,000) = $2,180,000 Variable costs: Direct materials ($2.50 x 90,000) = $225,000 Direct labor ($3.75 x 90,000) = $337,500 Variable manufacturing overhead ($1.25 x 90,000) = $112,500 Variable selling and administrative expenses ($0.50 x 80,000) = $40,000 Total variable costs = $715,000 Contribution margin = $2,180,000 - $715,000 = $1,465,000 Fixed costs: Fixed manufacturing overhead = $300,000 Fixed selling and administrative expenses = $150,00 Total fixed costs = $450,000 Net income = $1,465,000 - $450,000 = $1,015,000 Siren Company's manufacturing cost per unit for 2017 using absorption costing can be calculated as follows: Total manufacturing cost per unit = (Total manufacturing costs) / Units produced = ($450,000 + $675,000) / 90,000 = $1.25 + $7.50 = $8.75 Therefore, Siren Company's manufacturing cost per unit for 2017 using absorption costing was $8.75. Using this information, we can prepare an absorption costing income statement for 2017 as follows: Absorption costing income statement for 2017: Sales revenue ($27.25 x 80,000) = $2,180,000 Cost of goods sold: Beginning inventory (90,000 - 80,000) x $8.75 = $87,500 Manufacturing costs incurred during the year ($450,000 + $675,000) = $1,125,000 Total cost of goods available for sale = $1,212,500 Ending inventory (10,000 x $8.75) = $87,500 Cost of goods sold = $1,125,000 - $87,500 = $1,037,500 Gross profit = $2,180,000 - $1,037,500 = $1,142,500 Selling and administrative expenses: Variable selling and administrative expenses ($0.50 x 80,000) = $40,000 Fixed selling and administrative expenses = $150,000 Total selling and administrative expenses = $190,000 Net income = $1,142,500 - $190,000 = $952,500 In summary, Siren Company's manufacturing cost per unit for 2017 was $0.08 using variable costing and $8.75 using absorption costing. The company's net income for 2017 was $1,015,000 using variable costing and $952,500 using absorption costing.
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Connwell was a partner in Piece of America (POA), a company that sold one-square-inch parcels of land in each of the 50 states. The company wanted to sell through a website and contacted Gray Loon Marketing to design and publish a site. Gray Loon gave POA a website design proposal and an estimate price of $8,080. The proposal stated, "It is Gray Loon’s philosophy that clients have purchased goods and services from us and that inherently means ownership of those goods and services as well." POA agreed, the website was created, and POA paid in full. Several months later, POA asked for several changes, some of which required major programming work. Gray Loon agreed over the phone and began work. When the work was completed, POA said it no longer wanted the changes and did not pay the $5,224.50 bill. After several failed attempts to collect, Gray Loon took the website offline and sued for nonpayment. POA argued the contract was for services, and that under common law, because there was no agreement as to price for the modification, it is not liable. Should the common law be applied to this contract? Explain.
The common law should be applied to this contract. Under common law, a contract is formed when there is an offer, acceptance, consideration, and intention to create legal relations.
In this case, POA agreed to Gray Loon's proposal and paid the full amount for the website design. This constituted an offer, acceptance, and consideration.
Furthermore, when POA requested changes to the website, Gray Loon agreed over the phone and began work. This demonstrated an intention to create legal relations and a modification to the original contract. However, when POA refused to pay the bill for the changes, they breached the modified contract.
Under common law, a party cannot simply refuse to pay for services rendered under a contract. Even if there was no agreement as to price for the modification, POA still received the benefit of Gray Loon's services and is therefore liable for payment.
Therefore, the common law should be applied in this case and POA should be held liable for the unpaid bill.
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A city sells $15 million of general obligation bonds on October 1, 2022. The bonds mature at the rate of $1 million a year each September 30, starting September 30, 2023. The amount due September 30, 2023 is paid. Also, the current year's annual interest on the bonds of $450,000 was paid on September 30, 2023.
How much should the city report as expenditures in the Debt Service Fund in its year-end fund level financial statements on December 31, 2023?
$ 1,450,000
$450,000
$1,000,000
$14,000,000
The city has an obligation to make annual payments of $1 million for the general obligation bonds, starting on September 30, 2023. In addition, the city paid $450,000 in interest on September 30, 2023. Therefore, the total amount paid towards the bond debt in 2023 is $1,450,000.
The Annual Percentage Rate (APR) is the cost you pay each year to borrow money, including fees, expressed as a percentage. The APR is a broader measure of the cost to you of borrowing money since it reflects not only the interest rate but also the fees that you have to pay to get the loan.
An annual percentage rate is expressed as an interest rate. It calculates what percentage of the principal you’ll pay each year by taking things such as monthly payments and fees into account. APR is also the annual rate of interest paid on investments without accounting for the compounding of interest within that year.
This expenditure should be reported in the Debt Service Fund in the city's year-end fund level financial statements on December 31, 2023.
An auto loan’s interest rate is the cost you pay each year to borrow money expressed as a percentage. The interest rate does not include fees charged for the loan.
The Annual Percentage Rate (APR) is the cost you pay each year to borrow money, including fees, expressed as a percentage.
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Suppose Wave detergent is sold in a monopolistically competitive market. If the price of Wave detergent is currently $6 and the ATC is $4, in the long-run we expect:a. The demand curve for Wave to shift to the leftb. The demand area for Wave to shift to the rightc. The producers of Wave to go out of businessd. The producers of Wave to earn economic profits greater than zeroe. The producers of Wave to earn economic losses
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.
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over time, housing shortages caused by rent control _____ because the supply of housing is _____ elastic in the long run. decrease; less increase; more decrease; more increase; less
Over time, housing shortages caused by rent control increase because the supply of housing is more elastic in the long run.
Over time, housing shortages caused by rent control would increase because the supply of housing is less elastic in the long run. This means that it takes more time for the supply of housing to respond to changes in demand or price.
When rent control is introduced, it limits the amount that landlords can charge for rent. This can reduce their profits, which in turn reduces their incentive to build or maintain rental properties. This means that over time, there will be fewer rental properties available on the market, leading to a shortage of housing.
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The Work-in-Process Inventory of the Model Fabricating Corp. was $3,000 higher on December 31, 2016 than it was on January 1, 2016. This implies that in 2016:
cost of goods manufactured was higher than cost of goods sold.
cost of goods manufactured was less than total manufacturing costs.
manufacturing costs were higher than cost of goods sold.
manufacturing costs were less than cost of goods manufactured.
cost of goods manufactured was higher than cost of goods sold.
The Work-in-Process Inventory is an account that tracks the value of partially completed products in the manufacturing process. To calculate the Cost of Goods Manufactured, we add the beginning Work-in-Process Inventory to the total Manufacturing Costs for the period, and then subtract the ending Work-in-Process Inventory. Therefore, if the ending Work-in-Process Inventory is higher than the beginning Work-in-Process Inventory, it means that the Cost of Goods Manufactured was higher than the Cost of Goods Sold for the period.
In this case, the Work-in-Process Inventory was $3,000 higher on December 31, 2016 than it was on January 1, 2016. This means that the Cost of Goods Manufactured was higher than the Cost of Goods Sold for the period, because the ending Work-in-Process Inventory increased. Therefore, the correct answer is:
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e. what is the net cost of the new equipment? (include the inflow from the sale of the old equipment.) (do not round intermediate calculations and round your answer to the nearest whole dollar.)
As per the question, the net cost of the equipment will be $8000.
To calculate the net cost of the new equipment, we need to subtract the inflow from the sale of the old equipment from the cost of the new equipment. Let's say the cost of the new equipment is $10,000 and the inflow from the sale of the old equipment is $2,000.
Net cost = Cost of new equipment - Inflow from sale of old equipment
Net cost = $10,000 - $2,000
Net cost = $8,000
To calculate the net cost of the new equipment, you need to follow these steps:
1. Determine the cost of the new equipment.
2. Determine the inflow from the sale of the old equipment.
3. Subtract the inflow from the cost of the new equipment.
Here's a breakdown of the steps:
Step 1: Find the cost of the new equipment. This information should be provided in the problem or can be found on an invoice or a quote from the supplier.
Step 2: Find the inflow from the sale of the old equipment. This is the amount you receive from selling the old equipment. It could be cash, credit, or any other form of payment.
Step 3: Calculate the net cost by subtracting the inflow from the cost of the new equipment:
Net cost = (Cost of new equipment) - (Inflow from sale of old equipment)
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To calculate the net cost of the new equipment, you'll need to consider the purchase price of the new equipment, as well as the proceeds from the sale of the old equipment. The formula is:
Net Cost = (Purchase Price of New Equipment) - (Proceeds from Sale of Old Equipment)
Please provide the purchase price of the new equipment and the sale amount of the old equipment for me to give you an accurate answer in whole dollars.
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The industry-low, industry-average, and industry-high cost benchmarks on pp. 6-7 of each issue of the Camera & Drone Journal a. have the greatest value to the managers of companies whose camera costs per unit and drone costs per unit are above the industry averages.
b. are worth careful scrutiny by the managers of all companies because they help managers determine if corrective actions are needed in the event their company's camera/drone costs for the benchmarked cost categories do NOT appear to be competitive (or "in line") with those of rival companies. c. are of little value to company managers in making decisions to improve company performance in the upcoming decision round, except in those cases when a company is losing money in one or more geographic regions. d. are of considerable value to the managers of companies selling low-cost/low-price action cameras and/or UAV drones but are of very limited value to the managers of all other companies e. are worth careful scrutiny by the managers of some companies because they help managers determine that corrective actions are not needed in the event their company's camera/drone costs for the benchmarked cost categories do NOT appear to be competitively different from those of rival companies
The correct response is (b) because they assist managers in determining whether corrective actions are necessary, they merit serious examination by the managers of all organizations.
Cost benchmarking: what is it?Cost benchmarking is the evaluation of one's Cost of Goods Sold (COGS) in relation to industry competitors. Cost benchmarking highlights areas for competitive pricing improvement by emphasizing best-in-class pricing and determining pricing competitiveness in terms of the industry.
What kind of benchmark pricing are there?If a farmer can sell their crops directly to nearby stores, they may be able to negotiate a higher price for their goods. This is because it saves on shipping expenses and customers could prefer local produce. The price may still increase even if the farmer receives a premium over the benchmark price.
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in an organization with strong control over its sales/collection process, only the accounting department would use:
In an organization with strong control over its sales/collection process, only the accounting department would use the accounts receivable ledger and the cash receipts journal.
These documents are essential for tracking customer payments and ensuring that all sales have been properly recorded and collected. Other departments may have access to these documents for reference purposes, but only the accounting department would have the authority to make entries and updates to these records.In an organization with strong control over its sales/collection process, only the accounting department would use:
In an organization with strong control over its sales/collection process, only the accounting department would use the general ledger and accounts receivable records.
These tools are essential for maintaining accurate financial records and ensuring that all transactions related to sales and collections are properly documented and managed. By restricting access to these records, the organization can maintain control over its financial processes and reduce the risk of errors or fraud.
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Record the interest payment on June 30 using effective-interest amortization. Park Corporation is planning to issue bonds with a face value of $600,000 and a coupon rate of 7. 5 percent. The bonds mature in four years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Park uses the effective-interest amortization method and also uses a discount account. Assume an annual market rate of interest of 8. 5 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1)
The interest payment on June 30 using effective-interest amortization is $45,012.64.
To calculate the interest payment on June 30 using effective-interest amortization, we need to first calculate the bond's discount and then the interest expense.The first step is to calculate the present value of the bond using the market rate of interest of 8.5%.
We can use the PV of $1 table to calculate the present value factor for four years at 8.5%:
PV factor = 1 / (1 + i)n
PV factor = 1 / (1 + 0.085/2)^8
PV factor = 0.6111Next, we can calculate the present value of the bond:
Present value of bond = Coupon payment x (1 - PV factor) / i + Face value x PV factor
Present value of bond = $21,000 x (1 - 0.6111) / 0.0425 + $600,000 x 0.6111
Present value of bond = $357,246.47
The discount is the difference between the face value and the present value of the bond:Discount = Face value - Present value of bond
Discount = $600,000 - $357,246.47
Discount = $242,753.53
The discount is recorded as a liability on the balance sheet and is amortized over the life of the bond using the effective-interest method. The interest expense is calculated by multiplying the carrying value of the bond (face value minus discount) by the effective interest rate. The effective interest rate is the market rate of interest at the time of issuance adjusted for the amortized discount.To calculate the effective interest rate, we first need to calculate the semiannual interest payment:
Semiannual interest payment = Coupon rate x Face value / 2
Semiannual interest payment = 0.075 x $600,000 / 2
Semiannual interest payment = $22,500The amortized discount for the first six months is:
Amortized discount = Discount / (Number of periods x 2)
Amortized discount = $242,753.53 / (8 x 2)
Amortized discount = $15,171.47
The carrying value of the bond on June 30 is:
Carrying value = Face value - Amortized discount
Carrying value = $600,000 - $15,171.47
Carrying value = $584,828.53The effective interest rate for the first interest payment is:Effective interest rate = (Semiannual interest payment / Carrying value) x 2
Effective interest rate = ($22,500 / $584,828.53) x 2
Effective interest rate = 0.0770 or 7.70%
The interest expense for the first six months is:Interest expense = Carrying value x Effective interest rate
Interest expense = $584,828.53 x 0.0770
Interest expense = $45,012.64
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do you think netflix is able to 'change' quickly or do you think change is met with much resistance? why? please provide evidence.
Netflix has a history of being able to adapt and change quickly, as evidenced by their successful pivot from DVD rentals to streaming.
Netflix's ability to adapt and change quickly is well-documented. In the early 2000s, the company started out as a DVD rental service, but quickly recognized the potential of streaming and invested heavily in that technology. This pivot was a risky move at the time, but ultimately paid off, as Netflix is now one of the largest streaming services in the world.
However, more recently, Netflix has faced some challenges in adapting to new market conditions. The company's subscriber growth has slowed in some regions, and it faces increased competition from other streaming services. This has led some analysts to question whether Netflix can continue to innovate and adapt as quickly as it has in the past. Additionally, as the company has grown larger and more bureaucratic, there may be more resistance to change within the organization.
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Suppose a firm's marginal costs are given by $0.20Q. If this firm can sell all units at a price equal to $80 their profit maximizing quantity would equal
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Part 1
A. 80
B. 2000.
C.160.
D.400.
The firms profit maximizing quantity would equal 400 units
To find the profit maximizing quantity, we need to use the marginal cost and marginal revenue equations.
Marginal cost (MC) = $0.20Q
Marginal revenue (MR) = $80
To maximize profit, we want to produce where MC = MR.
$0.20Q = $80
Solving for Q:
Q = $80/$0.20
Q = 400
Therefore, the profit maximizing quantity for this firm would be 400 units (option D).
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sort the following institutions by whether they help or hinder growth.
- efficient taxes
- established property rights - unexpected inflation - political instability - competitive markets - corruption Categories:
a. Helps growth b. Hinders growth
a. Helps growth: efficient taxes, established property rights, competitive markets
b. Hinders growth: unexpected inflation, political instability, corruption
What is Political Instability?
Political instability refers to a situation where the government or the ruling authority is unable to maintain law and order, and there is a breakdown of the political and social order. This can be caused by factors such as civil unrest, conflicts, coups, terrorism, corruption, or other forms of instability that make it difficult to govern effectively. Political instability can have a significant impact on a country's economy, leading to reduced investment, slower growth, and increased poverty.
The institutions listed can be considered as either supportive or restrictive factors for economic growth. Efficient taxes and established property rights are considered supportive factors that help promote economic growth because they provide a stable environment for businesses to operate in, which encourages investment and job creation.
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