Answer: 104 reviews
Explanation:
Number of customers reviews = 160
Percentage of customer reviews that were excellent= 65%
.
Number of customer reviews that were excellent will be:
= 65% × 160
= 65/100 × 160
= 0.65 × 160
= 104
104 reviews were excellent.
The substitution effect of an increase in the price of Raisin Bran refers to Select one: a. the decrease in the demand for Raisin Bran when its price rises. b. the result that consumers will now switch to a substitute good such as Cheerios, and the demand curve for Raisin Bran shifts to the left. c. the fact that the higher price of Raisin Bran lowers consumer's purchasing power, holding money income constant. d. the fact that the higher price of Raisin Bran relative to its substitutes, such as Cheerios, causes consumers to buy less Raisin Bran.
Answer:
the fact that the higher price of Raisin Bran relative to its substitutes, such as Cheerios, causes consumers to buy less Raisin Bran.
Explanation:
the substitution effect arises when as a result of a rise in the price of a good, the good becomes more expensive relative to its substitutes. Consumers not consume less of the good and more of the substitute. This leads to a movement up along the demand curve for that goods and not a movement along the demand curve for the good and not a shift of the demand curve.
If the price of the good increases. The good becomes cheaper when compared with substitutes. As a result, the demand for the good increases while that of the substitutes decreases.
The income effect is when an increase in price lowers consumer's purchasing power, holding money income constant.
Brown Cow Dairy uses the aging approach to estimate bad debt expense. The ending balance of each account receivable is aged on the basis of three time periods as follows: (1) not yet due, $15,000; (2) up to 120 days past due, $8,000; and (3) more than 120 days past due, $3,000. Experience has shown that for each age group, the average loss rate on the amount of the receivables at year-end due to uncollectibility is (1) 3 percent, (2) 11 percent, and (3) 20 percent, respectively. At December 31 (end of the current year), the Allowance for Doubtful Accounts balance is $750 (credit) before the end-of-period adjusting entry is made. Data during the current year follow: a. During December, an Account Receivable (Patty's Bake Shop) of $700 from a prior sale was determined to be uncollectible; therefore, it was written off immediately as a bad debt. b. On December 31, the appropriate adjusting entry for the year was recorded. Required: 1. Give the required journal entries for the two items listed above. 2. Show how the amounts related to Accounts Receivable and Bad Debt Expense would be reported on the income statement and balance sheet for the current year.
Answer:
A1. Dr Allowance for doubtful accounts $700
Dr Account receivable $700
2. Dr Bad debt expense $1,180
Cr Allowance for doubtful accounts $1,180
B. Operating Expense
Bad debt expense $1,180
Current Assets
Accounts Receivable $24,070
Explanation:
A. Preparation of the journal entries for the two items
First step is to calculate the Allowance for doubtful account balance
Allowance for doubtful account balance = (15,000*3%+8,000*11%+3,000*20%)
Allowance for doubtful account balance =$450+$880+$600
Allowance for doubtful account balance =$1,930
Now let prepare the journal entries
1. Dr Allowance for doubtful accounts $700
Dr Account receivable $700
2. Dr Bad debt expense ($1,930-$750) $1,180
Cr Allowance for doubtful accounts $1,180
B. Calculation to Show how the amounts related to Accounts Receivable and Bad Debt Expense would be reported on the income statement and balance sheet for the current year
INCOME STATEMENT PRESENTATION
OPERATING EXPENSE
Bad debt expense $1,180
($1,930-$750)
BALANCE SHEET PRESENTATION
CURRENT ASSETS
Account receivable $26,000
($15,000+$8,000+$3,000)
Less: Allowance for doubtful accounts ($1,930)
Accounts Receivable $24,070
Therefore the amounts related to Accounts Receivable and Bad Debt Expense would be reported on the income statement and balance sheet for the current year as :
Operating Expense:
Bad debt expense $1,180
Current Assets:
Accounts Receivable $24,070
Monopolies are inefficient compared to perfectly competitive firms because monopolies produce output with average total cost exceeding average revenue produce output with average total cost exceeding average revenue A produce more output than is social desirable produce more output than is social desirable B charge a price less than marginal revenue charge a price less than marginal revenue C charge a price greater than marginal cost charge a price greater than marginal cost D charge a price less than average total cost
Answer:
C. charge a price greater than marginal cost charge a price greater than marginal cost
Explanation:
A monopoly exists when the person or the enterprise is the sole provider of the goods and commodities. The supplies have complete control of the market as they form a single entity. They are thus characterized by a lack of economic competition. Due to they are monopolies they change higher prices on the outputs rather than the average revenue. Hence are called price setters.15 POINTS
Describe the steps of the check clearing process.
Answer:
hope help you stay happy
BE17-1 Each of the items below must be considered in preparing a statement of cash fl ows for Baskerville Co. For the year ended December 31, 2017. For each item, state how it should be shown in the statement of cash fl ows for 2017. (a) Issued bonds for $200,000 cash. (b) Purchased equipment for $150,000 cash. (c) Sold land costing $20,000 for $20,000 cash. (d) Declared and paid a $50,000 cash dividend
Answer:
(a) To be shown cash inflows from financing activity
(b) To be shown as cash outflows from investing activity
(c) To be shown as cash inflow from investing activity
d) To be shown as cash outflows from financing activity
Explanation:
(a) Issued bonds for $200,000 cash.
This should be shown as a cash inflow under financing activity section of the statement of cash flows for 2017.
(b) Purchased equipment for $150,000 cash.
This should be shown as a cash outflow under investing activity section of the statement of cash flows for 2017.
(c) Sold land costing $20,000 for $20,000 cash
This should be shown as a cash inflow under investing activity section of the statement of cash flows for 2017.
(d) Declared and paid a $50,000 cash dividend
This should be shown as a cash outflow under financing activity section of the statement of cash flows for 2017.
Additional Note:
Although this is not part of the requirement of the question, but it will assist you in your learning.
After taking all the above into consideration, they will appear as follows in statement of cash flows for 2017 (Note only they will appear is shown without any calculations since there will be other items).
Baskerville Co.
Statement of Cash Flows for 2017
(Abridged Vesrion)
Details $ $
Cash from operating activities
Cash flows from investing activities
Purchase of equipment (150,000)
Soles of land 20,000
Cash flows from financing activities:
Bond issued 200,000
Cash dividend paid (50,000)
write at least three ways savings accounts differ from checking accounts.
Answer:
checking accounts are better for transaction such as paying pills purchases, atm withdraws while saving accounts are better for storing money and earning interest,
Explanation:
Calculate the QBI deduction for Ned, who is filing single. His taxable income before any QBI deduction is $160,600. He is not engaged in an SSTB. His QBI is $60,000. He did not have any capital gains. He had $15,000 of qualified wages and $35,000 of qualifying property. $4,625.
Answer:
3445dfdffdcvfc vbgvc
Explanation:vvvvvvvvvvvvvvvvvcc ffffffffd
One strategy U.S. manufacturers have employed in order to become more competitive is
Multiple Choice
increasing advertising budgets.
creating technology foreign manufacturers depend on to increase effectiveness and efficiency.
focusing on providing the lowest-priced products.
maintaining a distance relationship with suppliers in an effort to guard trade secrets.
Answer:
creating technology foreign manufacturers depend on to increase effectiveness and efficiency.
Explanation:
Technology can be defined as a branch of knowledge which typically involves the process of applying, creating and managing practical or scientific knowledge to solve problems and improve human life. Technologies are applied to many fields in the world such as medicine, information technology, cybersecurity, engineering, environmental etc.
Generally, technology has impacted the world significantly and positively as it has helped to automate processes, increased efficiency and level of output with little or no human effort.
One strategy U.S. manufacturers have employed in order to become more competitive is creating technology foreign manufacturers depend on to increase effectiveness and efficiency.
This ultimately implies that, U.S. manufacturers will have to continue to be innovative so as to improve, strengthen or fortify their manufacturing base in the future.
Additionally, U.S. manufacturers will have to be reliant on advanced technology and an interconnected network (internet) to unite various companies in order to become more competitive.
I need q 4 and 5 please:)
McDonald's is the most recognizable fast-food chain in the world. Explain the concept product modification (10) and indicate to what degree the product has been modified for the South African market. Illustrate your answer by giving examples
The correct answer to this open question is the following.
Although you did not attach the text or an excerpt of a lesson, we can comment on the following.
The concept of product modification can be explained this way. Companies have their products that are sold in a determined region. Let's say, the United States. However, when they expand and go to other countries, they need to adapt their products and services to the other countries where they are going to launch their products.
To be able to do that, companies have to do a lot of research to really understand the new culture, customs, ideas, and traditions, so companies like McDonald's can adjust, adapt or adequate their products and flavors to the people of South Africa, for instance. Some marketing experts called "tropicalize" a product to a specific region.
So in the case of South Africa, McDonald's had to understand how teh African people lived, what they like, what they enjoy, what their favorite flavors are, how spicy they like their food, what kind of condiments they accept, and so on. This will also allow executives of McDonald's to create special promotions, combos, and presentations of the food.
15 POINTS
Describe the steps of the check clearing process.
The partnership agreement of Owens, Gehrig, and Nagurski provides for the following income ratio: (a) Owens, the managing partner, receives a salary allowance of $18,000, (b) each partner receives 15% interest on average capital investment, and (c) remaining net income or loss is divided equally. The average capital investments for the year were: Owens $100,000, Gehrig $200,000, and Nagurski $300,000. If partnership net income is $90,000, the amount distributed to Owens should be
Answer:
Owens will get $18,000 + $12,000 = $30,000
Explanation:
average capital investments:
Owens $100,000Gehrig $200,000Nagurski $300,000Net income = $90,000
Owens received a $18,000 salary
Remaining income = $72,000
interest on capital investment = $600,000 x 15% = $90,000
since $90,000 ≥ $72,000, profits must be allocated proportionally:
Owens = $72,000 x 1/6 = $12,000
Gehrig = $72,000 x 2/6 = $24,000
Nagurski = $72,000 x 3/6 = $36,000
A(n) -Select- is a long-term contract under which a borrower agrees to make payments of interest and principal on specific dates. There are four main types reflecting who the issuers are: -Select- , corporate, state and local government, and foreign. Each type differs with respect to -Select- and expected return. All have some common characteristics even though they may have different contractual features.
Answer:
Bond; treasury; degree of risk.
Explanation:
A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.
A bond is a long-term contract under which a borrower agrees to make payments of interest and principal on specific dates. There are four main types reflecting who the issuers are: treasury, corporate, state and local government, and foreign. Each type differs with respect to degree of risk and expected return. All have some common characteristics even though they may have different contractual features.
A ___________ enables you to view data from a table based on a specific criteria
A. Query
B. Report
C. Form
D. All of the above
Answer:
Query
Explanation:
Which of the following is NOT a repayment plan option? What is the answer
The following is NOT a repayment plan is Loan forgiveness repayment plan.
The Extended Repayment Plan: This is a repayment plan option whereby the loan can be paid back for a period of about 25 years.
The Income-Sensitive Repayment Plan: This is a repayment plan option for those who want low income. Here, payment can either increase or reduce based on what the person earns annually.
The Graduated Repayment Plan: This is a repayment plan option which increases every two years.
The loan forgiveness repayment plan is not a repayment plan option.
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The following question may be like this:
Which of the following is NOT a repayment plan option?
O Extended repayment plan
O Loan forgiveness repayment plan
O Income sensitive repayment plan
O Graduated repayment plan
Cuando has realizado un gran trabajo, creado un gran producto o servicio y entregado una gran experiencia de uso, es imperativo pedir recomendaciones, pero estas deben surgir producto de los hábitos dentro de... *
La respuesta correcta para esta pregunta abierta es la siguiente.
Desafortunadamente, no incluyes alguna referencia específica para poder ayudarte a responder tu pregunta. Tampoco incluyes opciones o incisos para responder.
Sin embargo, tratando de ayudarte podemos comentar lo siguiente.
Cuando has realizado un gran trabajo, creado un gran producto o servicio y entregado una gran experiencia de uso, es imperativo pedir recomendaciones, pero estas deben surgir producto de los hábitos dentro de los sistemas y procedimientos que tenga implementado la compañía. De lo contrario, cada empleado podrá utilizar el método o la forma que él considere, lo cual no será visto de manera profesional y no causará una buena imagen de la empresa.
Además, cuando se piden recomendaciones, se debe saber cómo hacerlo, para que el cliente o el consumidor no se sienta forzado a expresar algo que no quiere.
Por esa razón, es importante que la empresa incluya este rubro como parte de sus sistemas y procedimientos establecidos en un manual de operaciones.
Which example involves a real-world restriction that can affect your decision-making process?
A. interest in a subject as a child
B. family disputes
C. physical attributes
D. history of careers in the family
(comment the answer, too, please) :)
Answer: Your answer would most likely be C. Physical attributes.
Explanation:
Social Media Influencer Content is ALWAYS truthful and helpful in budgeting and making wise spending decisions.
True
O False
Answer:
False.
Explanation:
Managerial accounting also known as cost accounting is an accounting technique focused on identification, measurement, analyzing, interpretation, and communication of financial information to managers for better decisions making and pursuit of the organization's goals.
This ultimately implies that, managerial accounting is specific to a particular business organization i.e the managerial accounting model used by a company would be different from the one used by another.
You should use the financial report from credible and reliable sources to plan your investments and financial budget.
However, social media influencer content isn't always truthful and helpful in budgeting and making wise spending decisions because the report might just be a figment of their imagination or fabricated.
A hotel manager has to select one of the following eligible candidates for the job position of front office manager. Which candidate is the manager most likely to choose?
A. Bertrice-employed at the hotel for six months, is a degree holder, and has good interpersonal skills
B. George-employed at the hotel for three years, has a high school diploma, and has a good personality
C. Juan-employed at the hotel for a year, is a degree holder, and is always optimistic
D Lara-employed at the hotel for four years, is a degree holder, and works well in a team
E. Maria-employed at the hotel for two years, has a gh school diploma, and has leadership skills
D
Lara has the most experience at the hotel, she works well with teams. she'd be best at leading
The government tax for a sole proprietorships and a partnership is classified under
A. personal income
B. small corporations
C. tax free businesses
D. nonprofit organizations
Answer:
the answer is personal income
Answer:
A. personal income
Explanation:
got it right on edgu 2021
Jared has earned 23% of the $52 he needs to buy a new jacket. Find 23% of $52. Which expression can you use to find 23% of 52? .. 23% of $52 is $.. An easy way to check your answer is to use the friendly and divide 52 by to get ..
52
Explanation:
52 .................
Answer:
23% of 52= 0.23*52=11.96
Explanation:
A person decides to buy a book to read rather than buying a movie ticket. The movie ticket that the person has given up, is known as
Answer:
deficit
Explanation:
The person decided to buy a book rather than buy a movie ticket. The movie ticket given by the person is his opportunity cost.
What is an opportunity cost?Opportunity cost refers to the cost of forgone alternative. In simple words, it means the level of satisfaction that can be derived from choosing another thing over one.
If the person buys the book rather than buying a movie ticket, the satisfaction that can be derived from watching the movie will be termed as the opportunity cost incurred by the person.
Therefore the correct option is opportunity cost.
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Can someone write a song for me please I want to make the name called by my side please write something
Answer:
I don't know much abt songs. but I hope u get it.
The we love books publishing company is this a publishing company, if so then how do I get to there web site
Answer:
www.welovebooks.net
Explanation:
You can simply type "We Love Books publishing company" in a search engine and it will show up as the second link. If not then you can just type the name of the website in the browser's search bar to take you straight to their web site which is www.welovebooks.net , They design and publish different books as well as magazines, product catalogues and corporate publications. The website also has a contact option so that you can contact them directly and make requests.
Interrelated activities that must work together to get goods and services from producers to customers are
Answer:
Marketing function
Explanation:
Marketing functions are a series of activities that are carried out in marketing. Through marketing functions, goods move from where they were made to where they would be consumed. This function is a link from producer to consumer.
These functions include
1. Promotion of product
2. Selling
3. Management of product
4. Price setting
5. Distribution to consumers
6. Financing
7. Risk management
5 merit goods and their functions they serve for you
Answer:
A merit good is a good which when consumed provides external benefits, although these may not be fully recognised – hence the good is under-consumed. Examples include education and healthcare. As can be seen, when a merit good is consumed it generates positive externalities.
The market for merit goods is an example of an incomplete market. Merit goods have two basic characteristics: Firstly, unlike a private good, the net private benefit to the consumer is not fully recognised at the time of consumption.
Merit goods are included education, welfare services, health care, housing, refuse collection fire protection, and public parks.
What is Merit good?
In distinction to pristine public goods, merit goods could be, and are, delivered through the market, but not necessarily insufficient excesses to maximize social interest.
A merit good is good that when consumed supplies external benefits, although these may not be fully recognized.
Therefore, the good is under-consumed. Illustrations contain education and healthcare. As can be glimpsed, when merit good is consumed it provokes positive externalities.
The market for merit goods is an illustration of an insufficient market. Merit goods have two basic characteristics: Firstly, unlike a private good, the net private concession to the consumer is not completely recognized at the time of consumption.
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What does it take for a consumer boycott to be successful?
A. The boycott must be conducted by consumers, producers, and the government
B. The boycott must bring the target company's offensive practices to the attention of the news media
C. The boycott must significantly reduce the target company's profits
D. The boycott must succeed in replacing traditional sales with online sales
Edit: Its C
Answer: IT'S C!!
Someone said it's b but it's not i just got it wrong
The boycott should be successful when the profits of the target company get minimized.
Option C is the correct answer.
What is meant by the target company?
A target company refers to an entity that is targeted in respect of the boycott movement.
The situation where the consumers of the market agree to not acquire a specific product from a specific company is called a consumer boycott. It represents disapproval towards something.
Therefore, the reduction in profits of the target company results in the success of the boycott movement.
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To emphasis on profit alone in introducing a product to the market will misdirect managers to the point where they may endanger the survival of the business. Briefly discuss this statement
Answer: Business are not meant for profit alone. Having a business that focuses on profit has only the managers and owners in mind and not the customer's.
Explanation:
Business are not meant for profit alone. Having a business that focuses on profit has only the managers and owners in mind and not the customer's. The main goal of a business is to satisfy the customer, customers would be glad to pay for services and products, but when the whole focus is on what the managers would gain, it'll affect productivity and would make the product or service minimal compared to what is paid for.
DUE TODAY PLEASE HELP T^T
When completing a self-assessment, you should think about the cultural environment in which you want to live.
False
True
Answer:
TRUE TRUE TRUE
Explanation:
:) :) :) :) :) :)
Answer:
True
Explanation:
kind of common sense lol......
The mutual interdependence that characterizes oligopoly arises because: the products of various firms are homogeneous. the products of various firms are differentiated. a small number of firms produce a large proportion of industry output. the demand curves of firms are kinked at the prevailing price. If there are significant economies of scale in an industry, then: a firm that is large may be able to produce at a lower unit cost than can a small firm. a firm that is large will have to charge a higher price than will a small firm. entry to that industry will be easy. firms must differentiate their products to earn economic profits. Game theory can be used to demonstrate that oligopolists: rarely consider the potential reactions of rivals. experience economies of scale. that oligopolists can increase their profits through collusion. may be either homogeneous or differentiated.
Answer:
1. A small number of firms produce a large proportion of industry output.
2. A firm that is large may be able to produce at a lower unit cost than can a small firm.
3. That oligopolists can increase their profits through collusion.
Explanation:
An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.
Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.
The characteristics of an oligopolistic market structure are;
I. Mutual interdependence between the firms.
II. Market control by many small firms.
III. Difficult entry to new firms.
Under the game theory, when firms makes a decision about their business, it is expected that they consider how the other firms would react to such decisions.
1. The mutual interdependence that characterizes oligopoly arises because a small number of firms produce a large proportion of industry output.
2. If there are significant economies of scale in an industry, then a firm that is large may be able to produce at a lower unit cost than can a small firm.
3. Game theory can be used to demonstrate that oligopolists can increase their profits through collusion.
The correct answers to the given statements are as follows: 1. The mutual interdependence that characterizes oligopoly arises, 2. A firm that is large may be able to produce at a lower unit cost than can a small firm, and 3. Game theory can be used to demonstrate that oligopolists may be either homogeneous or differentiated
Why are the assertions above?1. The mutual interdependence that characterizes oligopoly arises because: the demand curves of firms are kinked at the prevailing price. In an oligopoly, firms consider the potential reactions of their rivals when making decisions about pricing, production, or other strategic choices. The kinked demand curve model suggests that firms in an oligopoly face a demand curve that is elastic above the prevailing price and inelastic below it. This creates a situation where firms are interdependent, as a change in price or output by one firm can lead to reactions from other firms in the market.
2. If there are significant economies of scale in an industry, then: a firm that is large may be able to produce at a lower unit cost than can a small firm. Economies of scale refer to cost advantages that arise when the scale of production increases. When there are significant economies of scale, a larger firm can spread its fixed costs over a larger output, resulting in lower average costs per unit compared to a smaller firm. Therefore, a large firm may be able to produce at a lower unit cost than a small firm in such an industry.
3. Game theory can be used to demonstrate that oligopolists: may be either homogeneous or differentiated. Game theory is a mathematical framework used to analyze strategic interactions between decision-makers. In the context of oligopoly, game theory can be used to study how firms with interdependent decisions behave and make strategic choices. It can apply to both homogeneous oligopoly (where firms offer similar products) and differentiated oligopoly (where firms offer distinct products).
However, note that the statement "oligopolists can increase their profits through collusion" is missing from the given options. Collusion refers to an agreement among firms to coordinate their actions in order to maximize joint profits. While collusion is a potential strategy for oligopolistic firms to increase profits, it is not explicitly mentioned in the given choices.
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