Collusion used in oligopoly markets: Collusion can be defined as joint profit maximization.
When there are few large firms that dominate a market then they decide to collude to limit the competition and maximize joint profit. There is one form of collusion also known as a cartel. A cartel is an agreement between competing firms to control prices or exclude the entry of a new competitor in a market. It is a formal organization of sellers or buyers that agree to fix selling prices, purchase prices, or reduce production using a variety of tactics.
Since these cartels restrain competition among the member firms, their formations have been made illegal in some countries by the Governments passing laws against them. For instance, the formation of a cartel is illegal in the U.S.A. under the Anti-Trust Laws passed there. However, in spite of the illegality of cartels they are still formed in the U.S.A. through secret devices, and by adopting some means or the other shrewd businessmen are able to evade the anti-monopoly laws.
In India also it is illegal, as the cement and tire industry formed a cartel then CCI warned them through legal notices.
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For the 2020 tax year, taxpayers can elect to immediately expense ______% of qualified property as bonus depreciation. The bonus depreciation is calculated (before/after) ______ the Section 179 expense and (before/after) ______ regular MACRS depreciation.
For the 2020 tax year, taxpayers can elect to immediately expense 30% of qualified property as bonus depreciation. The bonus depreciation is calculated before the Section 179 expense and after regular MACRS depreciation.
In accountancy, depreciation is a time period that refers to 2 elements of the equal idea: first, the actual decrease of honest price of an asset, consisting of the decrease in value of the manufacturing facility system every year as it is used and wear, and 2nd, the allocation in accounting statements of the authentic fee of the assets to periods in which the property are used (depreciation with the matching precept). Depreciation is consequently the lower in the fee of assets and the technique used to reallocate, or "write down" the cost of a tangible asset (consisting of device) over its useful existence span.
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Generally accepted accounting principles do not allow variable costing to be used in external financial statements because absorption costing makes it easie financial statement users to interpret year-to-year changes in reported net income.
True or False
Due to the ease with which absorption costing enables viewers of financial statements to analyze fluctuations in reported net income from year to year, generally accepted accounting principles prohibit the use of variable costing in external financial statements. is accurate.
Net income, also known as total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales, in the context of business and accounting refers to an entity's income less cost of goods sold, expenses, depreciation and amortisation, interest, and taxes for a given accounting period. It has also been described as the net growth in shareholders' equity that arises from a company's operations. It is calculated as the residual of all revenues and gains less all expenses and losses for the period. Contrary to gross income, which merely deducts the cost of products sold from revenue, this is not the same thing. Net income for families and individuals is defined as (gross) income less any applicable taxes and other deductions.
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Price elasticity for a good depends on the share of a consumer's budget spent on a good. Other things being equal, which of the following goods has the most elastic demand? Toothbrush O Lightbulbs O TV and Internet service plan
Price elasticity of a good is influenced by the percentage of a consumer's budget that is allocated to it. The most elastic demand is - TV and Internet service plan.
The correct option is C.
The link between the percentage change in a product's quantity sought after and the percentage change in price is known as price elasticity of demand.
A price change causes a considerable change in the amount needed to satisfy an elastic demand. Demand is considered to be inelastic when the amount desired does not vary much as a result of a price modification.
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rodriguez corporation issues 6,000 shares of its common stock for $108,300 cash on february 20. prepare journal entries to record this event under each of the following separate situations. the stock has a $14 par value.the stock has neither par nor stated value.the stock has a $7 stated value.
The journal entries to record this event under each of the following separate situations.
A Journal entry is a record of the commercial enterprise transactions inside the accounting books of a enterprise. A well documented journal entry consists of the ideal date, amounts to be debited and credited, description of the transaction and a unique reference wide variety. A journal entry is the first step within the accounting cycle.
Journal entry
No account and explanation Debit Credit
a Cash 54200
Common Stock (6000*6) 36000
Paid in Capital in excess of par value-Common Stock 18200
b Cash 54200
Common Stock 54200
c Cash 54200
Common Stock (6000*3) 18000
Paid in Capital in excess of stated value-Common Stock 36200
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delivery cycle time is an example of which performance measure category? multiple choice internal business processes. customer. financial. learning and growth.
Delivery cycle time is an example of financial customer learning and growth performance measure category.
What three elements make up a performance objective?The student performance, the conditions, and the criterion are the three main components of performance targets (accuracy). The quick outline provided below should help you create performance objectives that are appropriate.
How is the rate of employee turnover determined?By adding your starting and ending workforces and dividing by two, you may get your average workforce (Avg) (Avg = [B+E]/2). The number of departing employees should now be divided by your average staff count. To calculate your final turnover %, multiply [L/Avg] by 100.
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best practice in managing supply cost savings includes a formal process to validate the savings with finance/accounting and evaluate potential changes to the budget. true or false
A formal process for validating the savings with finance/accounting and evaluating potential budget changes is the best practice in managing supply cost savings. This is correct.
What is accounting and why is it important?Accounting is the measurement, processing, and dissemination of financial and non-financial information about economic organizations such as businesses and corporations. Accounting, sometimes known as the "language of business," measures and conveys the consequences of an organization's economic activities to a diverse set of stakeholders such as investors, creditors, managers, and regulators.
Accounting includes financial accounting, managerial accounting, tax accounting, and cost accounting. Financial accounting is concerned with the reporting of an organization's financial information to external consumers of information, such as investors, regulators, and suppliers, as well as the preparation of financial statements.
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donna is an od practitioner who is just learning how to develop a performance appraisal. what could hinder her from being successful in implementing her appraisal?
a. The organization may not have a management team in place to design and implement the performance appraisal.
b. Developing a system for rewards.
c. A lack of interest from the organization in being consistent with the review process.
d. All of the above.
d is the correct answer.
Practitioners of organizational development are those who have been given the responsibility of carrying out the organization's planned change process. These are the people who have the ultimate responsibility for challenging and altering the organization's current practices in order to develop and create effectiveness across the entire organization. Ordinarily, those who work in organizational development are referred to as OD practitioners. Practitioners of organizational development are those who have been given the responsibility of carrying out the organization's planned change process. These are the people who have the ultimate responsibility for challenging and altering the organization's current practices in order to develop and create effectiveness across the entire organization.
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Jack, an employee of Desert Sky, Inc., has gross salary for May of $7,000. The entire amount is under the OASDI limit of $118,500 and thus subject to FICA. He is also subject to federal income tax at a rate of 21%. Which of the following is a part of the journal entry for accrual of the employer payroll taxes? (Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%.) Jack's income to date exceeds the FUTA and SUTA tax income limits O A. credit to Salaries Payable for $7,000 O B. debit to Employee Income Taxes payable of $1,470 O C. credit to FICA—Medicare Taxes Payable of $102 OD. debit to Cash for $5,135
Credit to Cash for $4,995 is the required answer for the given question.
What is Tax?Mandatory contributions must be collected by governments in the form of taxes. The Internal Revenue Service (IRS) is responsible for collecting federal income taxes in the United States (IRS). Taxes come in numerous forms, and the bulk are imposed as a proportion of a transaction's value. The assessed value of the asset determines how much other taxes, such property taxes, are charged. By having a comprehensive grasp of what leads to a tax situation, taxpayers may manage their finances to mitigate the effects of taxes.
Below is a calculation of the amount that will be included in the employer payroll taxes:
Gross Pay $7,000
Less: Deductions
Federal Income tax $1,470 ($7000 × 21%)
FICA-OASDI tax $434 ($7000 × 6.2%)
FICA-Medicare tax $102 ($7,000 × 1.45%)
Total Deductions 2006
Net pay $4,995
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Which of the following would likely cause aggregate demand to shift to the left? O Higher interest rates discouraging borrowing O lower interest rates discouraging borrowing. O lower consumer confidence about the future higher tariffs on all imports into Canada.
The cause aggregate demand to shift to the left is higher interest rates discouraging borrowing.
In an economy, the total quantity of demand for all completed products and services is measured as aggregate demand. A measure of aggregate demand is the total amount of money spent on certain products and services at a particular price level and period.
The aggregate demand for goods and services will rise if consumption rises, or if consumers spend more. Additionally, production will expand as output rises and technology advances if investment rises, or if interest rates fall. Demand will consequently increase.
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Cabell Products is a division of a major corporation. Last year the division had total sales of $25,720,000, net operating income of $2,124320, and average operating assets of $6,400,000. The company's minimum required rate of return is 12%. The division's turnover is closest to: Multiple Choice 12.11
4.02
0.33
2.77
The minimum rate of return demanded by the firm is 12%. The closest turnover in the division is 4.02. Here option B is the correct answer.
A company's turnover is the total of its sales during a specific time period. It is sometimes referred to as "income" or "gross revenue."
The typical quantity of assets required to carry out continuing business activities is referred to as average operational assets. This number may be incorporated into the operational assets ratio, which evaluates how much of these assets make up overall assets owned by a company.
Divide the total number of separations that took place within the specified time period by the average number of employees to get your turnover rate. To express that amount as a percentage, multiply it by 100.
Turnover = Sales/Average operating assets
= 25720000/6400000
Turnover = 4.02
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why is it important to establish a baseline when measuring social media success. group of answer choices it's important to know the lowest point in any campaign to determine value. you must know where you're starting from to measure growth. you must measure to justify continued social media use. they help assure money, promotions, and the undying love of your ceo.
When evaluating the success of a social media campaign, a baseline must be established. To assess growth, you must be aware of your beginning point.
A social media campaign is a planned marketing initiative that uses social media platforms to raise consumer awareness, interest, and loyalty toward a company, brand, product, or service. Strategic planning, audience targeting, and measurable results are all part of social media marketing initiatives. You can utilize a variety of marketing campaigns to meet different marketing objectives inside your company, including the following: campaign using traditional media. seasonal marketing blitz. campaign to launch a product. An overview of everything you want to do and want to accomplish on social media is a social media marketing strategy. It directs your behaviour and informs you of your success or failure. Your plan will work better if it is more detailed.
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Which category accounts for about 35% of the credit score calculation and takes in to account bills that are paid late, how late they were paid, how recent the delinquency was, and the total amount owed?.
About 35% of the credit score is determined by the length of credit history category, which considers the total amount owing, the frequency of late payments, the amount outstanding, and the most recent delinquency.
A good credit score is what?
Despite the fact that ranges differ based on the credit scoring model, generally speaking, credit scores between 580 and 669 are considered as fair, 670 to 739 as good, 740 to 799 as very good, and 800 and up as exceptional.
Is a score of 700 on my credit report good?
A credit score of 700 or above is generally considered satisfactory for a score with a range between 300 and 850. On the same scale, a score of 800 or more is regarded as exceptional. The majority of consumers have credit scores that are in the 600–750 range.
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you should present a cogent argument based on your critical analysis of the questions posed, using appropriate psychological terminology. it is not enough to answer a question by merely listing facts. rachel is studying the causes, consequences, and treatments of mental illness. she samples 100 people diagnosed with generalized anxiety disorder. she provides each individual in her sample with either a new untested drug, a placebo, or a nocebo (which occurs when a person expects negative side effects of a medication). rachel measures sympathetic nervous system arousal a week before and a week after the study. the results of the study appear in the following graph.
The origins, effects, and cures of mental illness are the subject of Rachel's research.
What constitutes a severe mental illness?Serious mental illness is defined as a mental, behavioral, or emotional issue that considerably limits one or more key life activities and significantly impairs functioning.
Who is at risk for mental illness?Several factors, such as the following, may have an impact on your likelihood of developing a mental disorder: a blood relative having a history of mental illness, like a parent or brother. Stressful obstacles in life include having money problems, losing a loved one, or getting divorced. a chronic (persistent) condition, such as diabetes.
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In the context of international advertising, it has been observed that advertising expenditures are generally _____.
A. linear
B. supplemental
C. mutually reinforcing
D. cyclical
E. constrained
In the context of international advertising, it has been observed that advertising expenditures are generally option D: cyclical.
International advertising is a subfield of advertising and international marketing that examines the variations and commonalities in advertising among different countries as well as the effects of one country's abroad advertising on another. At least as long as data has been gathered, the advertising industry has always been cyclical. A cyclical industry is a category of industry that is responsive to the business cycle, with revenues typically being higher during times of economic expansion and prosperity and lower during times of recession and contraction.
Because it exposes your company to a wider range of global consumers, foreign marketing is crucial. International marketing offers a chance for a brand to gain more exposure, raise brand awareness, and boost sales.
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assume that there are 150,000 people in a target market, and over a four-week period, 37 percent of them watch a television ad for shampoo. what is the reach for the shampoo ad?
Assume that there are 150,000 people in a target market, and over a four-week period, 37 percent of them watch a television ad for shampoo. The reach for the shampoo ad is 55,500.
How to find the reach for the shampoo ad?Using this formula to determine the reach for the shampoo ad
Reach for the shampoo ad = Number of people × Percentage of people that watched the ad
Let plug in the formula
Reach for the shampoo ad = 150,000 × .37
Reach for the shampoo ad = 55,500
Therefore the Reach for the shampoo ad is 55,500.
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the expansion of sugarcane plantations in south america and the caribbean proved unsustainable due to a local shortage of what essential commodity?
Tea was once the most essential imported commodity Americans got from China through the quit of the 19th century.
What commodity product means?a product that is the same as different products of the identical kind from different producers or manufacturers: Sugar is a commodity product and no one organization has extra chance of controlling its grant and charge stage than any of its rivals. It is hard to differentiate and company commodity merchandise like wood or steel.
Commodities encompass agricultural products such as wheat and cattle, strength products such as oil and herbal gas, and metals such as gold, silver and aluminum. There are additionally “soft” commodities, or those that can't be stored for lengthy intervals of time, which include sugar, cotton, cocoa and espresso
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https://brainly.com/question/17242780#SPJ4Company A has a return on investment of 20% and Company B has a return on investment of 24%. Which of the following statements is true?
Assuming both companies have the same investment center average invested assets, Company B has higher investment center income than Company A.
An asset is any resource that a company or other economic organisation owns or has control over. It is everything that has the potential to provide gains in terms of the economy. Assets are ownership worth that may be exchanged for cash.
The monetary worth of the assets that a company has is shown on its balance sheet. It includes money and other things that belong to an individual or a company. The two main categories of assets are physical assets and intangible assets. There are several subcategories of tangible assets, including current assets and fixed assets.
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An is manager has identified several of what the diffusion of innovation theory would term laggards in his department. It is likely that the most successful approach to persuading them to adopt a new information system would be to _____.
It is likely that the most successful approach to persuading them to adopt a new information system would be to have their peers demonstrate how this works.
What is meant by Information systems?A combination of hardware, software, and communication networks make up an information system, which is used to gather meaningful data, particularly within an organization. Information technology is used by many firms to carry out and manage operations, engage with customers, and outperform rivals.
What factors contribute to an information system's success?Accuracy: The system should only collect data that is free of errors. Completeness: The software should be built to collect all necessary data. Relevance: Information should be obtained to meet a specific need. Accessibility: The program should make it possible for the right user to retrieve the information when needed.
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an open-end fund has a net asset value of $12.70 per share. it is sold with a front-end load of 5%. what is the offering prian open-end fund has a net asset value of $12.70 per share. it is sold with a front-end load of 5%. what is the offering pri
The offering open-end fund has a net asset value of $12.70 per share. It is sold with a front-end load of 5%. $13.80 is the offering price.
Offering price = Net asset value/1− Front end load
=$12.70/1−8%
=$12.70/92%
=$13.80
Therefore, the offering price will be $13.80
What is an open-end fund?
The word "open ended funds" refers to investments and redemptions being available at all times. In India, open ended funds are the most popular type of mutual fund investment. These funds are perpetually open because they have neither a lock-in period nor maturity.
Are open-end funds a wise financial decision?
While closed-end funds frequently offer a higher return, open-end funds typically offer better security. The management fees for these funds are typically greater than other funds since management must constantly modify holdings to satisfy investor demand.
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if a financial crisis develops in ruritania, with numerous loans going into default, is the money multiplier likely to increase or decrease? decrease increase which example does not represent a leakage from the money multiplier process? cash held by foreigners cash held by individuals excess reserves cash held by the fed
When a financial extremity develops in Ruritania, with multitudinous loans going into dereliction, the money multiplier is likely to decrease.
Banks decide to keep some redundant reserves on hand and some loan donors choose to hold some cash rather than deposit all of it in banks. Money Creation bank loans or invests its redundant reserves to earn further interest. A one-bone increase in the financial base causes the plutocrat force to increase by further than one bone.
The increase in the plutocrat force is the money multiplier. therefore expansionary financial policy( i.e., an increase in the plutocrat force) will beget a drop in average interest rates in frugality. In discrepancy, contractionary financial policy( a drop in the plutocrat force) will beget an increase in average interest rates in frugality.
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lewis corporation receives net proceeds of $960 by issuing a 30-year bond with a $1,000 par value and 7.5% semi-annual coupon payment. if lewis has a 21% tax rate, what are the before-tax and after-tax cost of debt?
To calculate the firm's after-tax component cost of debt we need to calculate the interest rate or the Yield to Maturity for the fixed rate bond. This is a fixed rate bond with semi-annual coupon payments, that is, a periodicity of 2. Periodicity refers to how often compounding takes place.
Because the bond has a maturity of 25 years and a periodicity of 2 the number of periods is equal to (2*25) which is equal to 50.
Coupon payments made semi-annually = (7%/2) * 1000
= $35
Par value of the Bond = $1000
Present value of the Bond = $623.85
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you're working on a new ad campaign for your photography supplies business. you use campaign manager 360 and want to work with a solution to measure app conversions, and you're also comfortable with coding. which solution should you select that meets your needs?
you're working on a new ad campaign for your photography supplies business. you use campaign manager 360 and want to work with a solution to measure app conversions- Firebase SDK.
Firebase SDKFirebase will supply resources for your Firebase project automatically. When the procedure is finished, you'll be brought to the Firebase console's overview page for your Firebase project. If you are setting up a new project, you need to install the SDK for the language of your choice. The Firebase Admin Node.js SDK is available on npm.
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question content area top part 1 all of the following are organizational approaches to reducing stress except . question content area bottom part 1 a. selection and placement b. employee involvement c. social support networks d. goal-setting e. redesigning jobs
There are organisational methods for lowering stress other than employee involvement.
What leads to stress in workplaces?A full weekly presentation to the company's leadership team might be a challenging organisational aspect. It may be a demanding role requirement when someone is asked to perform more in a short amount of time than is realistic. Workplace pressures are referred to as interpersonal demands.
Which of the following best represents organisational stress management?Organizational stress management. Establishing a framework for managing employee exposure to and coping with the stress of disaster response circumstances is the responsibility of programme managers and supervisors.
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armstrong corporation manufactures bicycle parts. the company currently has a $19,300 inventory of parts that have become obsolete due to changes in design specifications. the parts could be sold for $7,100, or modified for $9,900 and sold for $21,300. required: 1. identify the relevance of the data given in the exercise to the decision about what to do with the obsolete parts.
The cost of the inventory of parts of $19,300 is not relevant to the decision making about what to do with the obsolete parts.
The relevant expenditures are 7,100 for selling the used parts, 9,900 for altering the used parts, and 21,300 for selling the used parts after modification. The 19,500 inventory cost is a sunk cost because it has already happened and is not relevant to decision-making.
Without modification,
loss by selling obsolete parts= $19,300-$7,100= $12,200
With modification,
loss by selling the obselete parts
Total cost= $19,300+$ 9,900=$29,200
Loss= $29,200-$21,300=$7900
Since the after-modification loss is lower than the before-modification loss, it is wise to alter the obsolete parts before selling them.
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jounralize and post closing entries and complete the closing process list all debit entries before credit entries credit account titles are authomatically indented when the amount is entered
Preparing closing entries, which involves journalizing and uploading the entries to the ledger, is the eighth phase in the accounting cycle. During closure, there are four entries. To the Income Summary account, the initial entry cancels revenue accounts.
What order should the steps for closing an account be taken in?Following is the basic order of closing entries: Clear the balances in the revenue accounts by debiting each revenue account and crediting the income summary account. To eliminate the balances in all expenditure accounts, credit all expense, accounts and debit the revenue summary account.
A journal entry debiting all revenue accounts and crediting the income summary is used to accomplish this. The same procedure is then used to calculate expenditures. Crediting the expense accounts and debiting the income summaries closes out all expenditures.
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zima and jin both work at the local factory producing cars. zima earns $20 per hour working the day shift, and jin earns $21 per hour working the night shift. zima and jin do the same job, have the same experience, and have the same level of education. this means that the
Based on the context of the question, and compensation principles, when Zima and jin do the same job, have the same experience, and have the same level of education. this means that the higher-paying job has a compensating wage differential of $1 per hour.
What is Compensating Wage?Compensate Wage is a term that is used to describe the additional amount of income that a given work must be offered to encourage them to accept a given unpleasant job, relative to other jobs that the worker could perform.
Generally, Compensating Wage is often referred to as Compensating differential and is described as a means to compensate workers for nonwage characteristics of the job.
In this case, given that Zima and jin do the same job, have the same experience, and have the same level of education, but Zima works in the day shift for $20 and Jin works the Night shift for $21 then, this implies that the higher-paying job has a compensating wage differential of $1 per hour.
Hence, in this case, it is concluded that the compensating wage is often used to motivate workers to do extra work.
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professor wilheim, a prominent philosopher, is likely to show the greatest productivity of his career during his: 20s.30s.50s.60s.
Professor wilheim, a prominent philosopher, is likely to show the greatest productivity of his career during his, option C: 50s.
One of the founding figures of contemporary psychology was a German physiologist, philosopher, and professor named Wilhelm Maximilian Wundt. The first official laboratory for psychological research was established by Wundt. This established psychology as a separate area of study. He was most productive for his career in his 50s where he wrote a book in the field.
In 1863–1864, he published his psychology lectures under the title Lectures on Human and Animal Psychology. Principles of Physiological Psychology, a book that Wundt diligently worked on and which became one of the most significant in the history of psychology, was published in 1874. This was the first textbook pertaining to experimental psychology to be written.
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What factors make an agreement enforceable under the principle of quasi-contract? Choose 2 answers.
A. The courts determine that an enforceable contract exists.
B. The enriched party knows about the benefit and keeps it.
C. The enriching party is negligent.
D. One party is being enriched at the expense of the other.
OPTION B. The enriched party knows about the benefit and keeps it and
D. One party is being enriched at the expense of the other, are correct.
WHAT IS QUASI CONTRACT?A contract that is inferred by law and serves as a redress in disputes between parties without a contract is known as a quasi contract. A quasi contract is a judicially determined legal duty for one party to make restitution to the other, as opposed to a typical contract. In other words, a quasi contract is a decision that is made in the past to fix a situation where one party gains something at the expense of the other.
These agreements may be imposed when a party accepts products or services that may not have been requested. The providing party therefore has an expectation of being paid as a result of the acceptance.
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__________ variation is centered on the mean and occurs with a consistent amount of dispersion.A. NonrandomB. ConsistentC. SystematicD. DeliberateE. Random
Random variation is centered on the mean and occurs with a consistent amount of dispersion.
Variation is a way to show how data is dispersed or spread out. Several measures of variation are used in statistics.
A person's skin color, hair color, dimples, freckles, and blood type are all examples of genetic variations that can occur in a human population. Examples of genetic variation in plants include the modified leaves of carnivorous plants and the development of flowers that resemble insects to lure plant pollinators.
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question content area top part 1 safe dog company makes dog crates. the budgeted selling price is per crate, the variable rate is per crate and budgeted fixed costs are per month. what is the budgeted operating income for crates sold in a month?
The budgeted operating income for crates sold in a month is $20,000 per month.
What is the operating income?Operating income is the adjusted earnings of a business after all operating costs and depreciation have been taken into account. The charges incurred to maintain the operation of the business are known as operating expenses.
A company's operating income is computed by deducting operating costs from its gross profit. Administrative, selling, or expenditures are examples of the combination of natural expenses involved to run a business.
Operating income refers to the amount of profit that remains, after all, operating costs have been taken into account and deducted from the overall value. The financial statements, which contain a summary of a company's revenues and expenditures for a certain time, list this kind of income.
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