Answer:
a. Universal agent
Explanation:
The universal agent is an employee that has been appointed by the employer to do particular task. It could be appointed via power of attorney through which he can perform all types of functions
Therefore as per the given situation since the employee can use the credit card of the employer for the business expense so this represent that the relationship is of universal agent
hence, the correct option is a.
When Mia and Shane are planning their honeymoon, their travel agent tells them that if they buy a special package, their trip to Paris will include meals, tickets to the theater, and a rental car in addition to airfare and a hotel. This is an example of the use of
A) multiple-unit pricing.
B) bundle pricing.
C) prestige pricing.
D) price lining.
E) price packaging.
Answer: bundle Pricing
Explanation:
Bundle Pricing is a strategy that is used by companies whereby several products are all packages together for a lower price.
Here, we are informed that the special package for their trip to Paris will include meals, tickets to the theater, and a rental car in addition to airfare and a hotel. This is an example of bundle Pricing as the company can sell different products together at once.
The waiter told Janis that the cake has fewer carbohydrates (carbs) than the pie, and that the pudding has more carbs than the pie. What relational responses are combinatorially entailed and likely to be reinforced in this context?
Answer:
The waiter told Janis that the cake has fewer carbs than the pie, and that the pie has fewer carbs than the pudding. Janis can associate both messages and infer that the cake has fewer carbohydrates than the pudding without the waiter explicitly telling her that.
A (cake) < B (pie)
B < C (pudding)
therefore,
A < C
Calculate the purchase price for a 52-week, $1,000 Treasury bill with a stated interest rate of 2.20 percent. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Purchase price ___________.
Answer:
The purchase price for the Treasury bill is $978.00.
Explanation:
The following are given in the question:
Maturity value = $1,000
Interest rate = 2.20%
With these, we first calculate the amount of discount as follows:
Amount of discount = Maturity value * Interest rate = $1,000 * 2.20% = $22,00
The purchase price can now be calculated as follows:
Purchase price = Maturity value - Amount of discount = $1,000 - $22.00 = $978.00
Therefore, the purchase price for the Treasury bill is $978.00.
****ECONOMICS****Which situation is an example of a person making use of credit?
A. A mechanic borrows money from a bank to buy a new set of
expensive tools.
B. A farmer changes the type of crops she grows to make a greater
profit.
C. An architect puts his weekly paychecks into a savings account at
a local bank.
D. A college student saves money in order to buy a cheap used car.
Answer:
A.
Explanation:
Using credit is borrowing.
The situation that represents the example of using credit is borrowing some money for purchasing expensive tools.
The following information does not relate to the usage of credit:
When the types of crops vary for the highest profit. When the architect puts the weekly paychecks at the local bank.And, when the college student saved the money for purchasing the cheap and used car.Based on the above information we can conclude that the situation that represents the example of using credit is borrowing some money for purchasing expensive tools.
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Describe an economic problem the government in America is trying to solve. How does scarcity and unintended consequences affect the government's policy on this issue? What solution do you think would work best? How would We The People benefit from this policy solution?
Answer:
an economic problem in America that they are trying to solve is the population but they really don't say much making people not care because they thin it not there problem
Which kinds of employment discrimination are prohibited under one body of law, but are permitted under the other body of law?
Answer is given below:
Explanation:
Federal law prevents corrosion in many areas, including recruitment, recruitment, jobs, evaluation, promotion, training and compensation. State law often provides protection for additional categories or employers. Federal law or California law provides additional protection from employment discrimination. Federal law makes it illegal to discriminate on the basis of race and color and nationality and origin and religion or gender etc.The following information relates to the Fowler Company for 2014: Beginning accounts receivable 5,000 Credit Sales 40,000 Ending accounts receivable 7,000 What was the amount of cash collections?
Answer:
$38,000
Explanation:
The amount of cash collections would be computed as;
Cash collections = Beginning accounts receivable + Credit sales - Ending accounts receivable
Where;
Beginning accounts receivable = $5,000
Credit sales = $40,000
Ending accounts receivable = $7,000
Therefore,
Cash collections = [($5,000 + $40,000) - $7,000]
Cash collections = $38,000
Assume that you hold a well-diversified portfolio that has an expected return of 12.0% and a beta of 1.50. You are in the process of buying 1,000 shares of Alpha Corp at $10 a share and adding it to your portfolio. Alpha has an expected return of 25% and a beta of 2. The total value of your current portfolio is $90,000. What will the expected return and beta on the portfolio be after the purchase of the Alpha stock
Answer: See explanation
Explanation:
The following information can be gotten from the question:
Value of Investment in alpha = $1000 × 10 = $10,000
Weight of Alpha in the total investment would be = 10%
Then, the expected return would be:
= (12% × 90%) + (25% × 10%)
= (0.12 × 0.9) + (0.25 × 0.1)
= 0.108 + 0.025
= 0.133
= 13.3%
Beta will be:
= (1.50 × 90%) + (2 × 10%)
= (1.50 × 0.9) + (2 × 0.1)
= 1.35 + 0.2
= 1.55
The following are budgeted data: January February March Sales in units 16,600 23,200 19,600 Production in units 19,600 20,600 19,300 One pound of material is required for each finished unit. The inventory of materials at the end of each month should equal 25% of the following month's production needs. Purchases of raw materials for February would be budgeted to be: Multiple Choice 20,925 pounds 20,575 pounds 20,275 pounds 18,325 pounds
Answer: 20,575 pounds
Explanation:
Production needs in February are 20,600 units.
These take a pound of material to be made finished goods so 20,600 pounds are needed.
Raw material purchase = Total required + Closing inventory - Opening inventory
Closing inventory = 25% * March needs
= 25% * 19,300 = 4,825 pounds
Opening inventory = 25% * Feb needs
= 25% * 20,600 = 5,150 pounds
Raw materials purchase = 20,600 + 4,825 - 5,150
= 20,575 pounds
The price elasticity of demand (based on the midpoint formula) when price increases from $10 to $12 is:______
Answer:
the price elasticity of demand is 1
Explanation:
The price elasticity of the demand using mid point formula is as follows:
Price elasticity of the demand is
= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of quantity demanded)
where,
Change in quantity demanded is
= Q2 - Q1
= 36 - 30
= 6
And, average of quantity demanded is
= (36 + 30) ÷ 2
= 33
Change in price is
= P2 - P1
= $12 - $10
= $2
And, the average of price is
= ($12 + $10) ÷ 2
= 11
So, the price elasticity of demand is 1
Which of the following are established by ASC 280 as "enterprisewide disclosure" standards to provide more information about the risks to a company?
I. Information about dominant industry segments.
II. Information about major customers.
III. Information about geographic areas.
A. Both II and III
B. I, II, and III
C. Both I and II
D. Both I and III
Answer:
A. Both II and III
Explanation:
As the major customers information and the geographic areas information would be created by the ASC 280 as disclosure of enterprise wide standard that provide the information more related to the company risk. Also it is needed to the public entities to disclose the information with respect to the operating segments i.e. reportable in the finished financial statements set
Therefore the correct option is A.
Assume a company has two divisions, A and B. The company’s overall sales, overall contribution margin ratio, common fixed expenses, and net operating income are $500,000, 48%, $50,000, and $10,000, respectively. Division A has a contribution margin of $180,000. If Division B has traceable fixed expenses of $80,000, then what is Division A’s segment margin? Multiple Choice $80,000 $40,000 $20,000 $60,000
Answer:
$60,000
Explanation:
total sales A + B = $500,000
variable expenses = $260,000
combined contribution margin = $240,000
contribution margin A = $180,000
contribution margin B = $60,000
combined segment margins = $60,000 (= -$20,000 + $80,000)
segment margin B = -$20,000
segment margin A = $80,000
common fixed expenses = $50,000
net income = $10,000
The margin available after a segment has covered all of its costs is known as segment margin. The segment profit margin is $60,000 per segment. As a result, option (d) or (iv) is the proper response.
How do you compute segment margin?[tex]\text{total sales A + B} = $500,000\\\text{Variable expenses} = $260,000\\\text{Combined contribution margin} = $240,000\\\text{Contribution margin A} = $180,000\\\text{contribution margin B} = $60,000\\\text{combined segment margins} = $60,000 (= -$20,000 + $80,000)\\\text{segment margin B} = -$20,000\\\text{segment margin A} = $80,000\\\text{common fixed expenses} = $50,000\\\text{net income}= $10,000[/tex]
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In newspaper advertising, ________ advertising includes copy, illustrations or photos, headlines, coupons, and other visual components. classified audience display bleed tabloid
Answer:
C. display
Explanation:
Display advertising is an advertising process where a product or services are displayed in form of images, videos, and published on the social sites so that the people could aware of that particular product or services
Therefore as per the given situation, in the newspaper advertising, the display advertising involved the copy, photos, headlines etc
Hence, the correct option is C.
An investment project has the following cash flows:_________.
CF0 = -1,000,000; C01 – C08 = 200,000 each
If the required rate of return is 12%, payback period of this project is:________.
Answer:
the payback period is 5 years
Explanation:
The computation of the payback period is shown below;
Payback period = initial investment ÷ annual cash flows
= $1,000,000 ÷ $200,000
= 5 years
hence, the payback period is 5 years
We ignored the required rate of return as it is considered in the discounted payback period
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:5 years
Explanation:
The Bureau of Labor Statistics counts as employed people who work part-time, but would prefer to work full-time. Suppose the people who had part-time jobs, but wanted full-time jobs, were counted as unemployed. Explain how the unemployment rate and the labor force participation rate would change.
Answer:
The labor participation rate would not change because it counts the labor force as a percentage of the total adult population, and the labor force includes both the number of people employed and the number of people unemployed, so, even if those working part-time were counted as unemployed by the BLS, they would still be part of the Labor Force.
The labor participation rate formula is:
Labor Participation Rate = (Labor Force / Total Adult Population) x 100
The unemployment rate would indeed change, because it counts the number of unemployed as a percentage of the labor force. If those working part-time were counted as unemployed by the BLS, the number of people unemployed would obviously spike.
The formula is:
Unemployment Rate = (Number of Unemployed / Labor Force) x 100
Location choice I has monthly fixed costs of $100,000 and per-unit variable costs of $10. What would its total cost be at a monthly volume of 550 units
Answer:
$105,500
Explanation:
Calculation for What would its total cost
Using this formula
Total cost=Fxed costs+(Per-unit variable costs*Monthly volume)
Let plug in the formula
Total cost=$100,000+($10*550 Units)
Total cost=$100,000+$5,500
Total cost=$105,500
Therefore What would its total cost be at a monthly volume of 550 units is $105,500
Your client wants to transfer $500 from their checking account into a savings account to cover tax liabilities for sales made that month.
Where should they start the process?
a) Navigate to the + New button then find the Transfer link
b) Navigate to the Gear Icon then find the Transfer link
c) Navigate to the Sales screen then find the Transfer link
d) Navigate to the Banking screen then find the Transfer link
Answer:
a) Navigate to the + New button then find the Transfer link
Explanation:
In the case when the client wants to transfer $500 from the checking to the saving account so that the liabilities of the tax could be covered. Now the process would be started via navigating it to the new button and then find the transfer link
Therefore the correct option is a
Hence, the rest of the options are incorrect
Quality circles have been used successfully to solve product defect problems in U.S. firms.
True
False
The risk-free rate and the expected market rate of return are 0.06 and 0.12, respectively. According to the capital asset pricing model (CAPM), the expected rate of return on security X with a beta of 1.2 is equal to:________.
A. 0.06.
B. 0.144.
C. 0.12.
D. 0.132
E. 0.18
E(R) = 6% + 1.2(12 - 6) = 13.2%
Answer:
D. 0.132
Explanation:
Calculation for the expected rate of return
Expected rate of return = 6% + 1.2(12 - 6)
Expected rate of return=6%+1.2(6)
Expected rate of return =6%+7.2
Expected rate of return = 13.2%
Therefore the expected rate of return on security X with a beta of 1.2 is equal to: 13.3%
Consider an asset with a beta of 1.2, a risk-free rate of 4.4%, and a market return of 12.4%. What is the reward to risk ratio?
Answer: 8%
Explanation:
Reward to risk ratio = (Expected return - Risk free rate) / Beta
Expected return = Risk free rate + Beta * ( Market return - Risk free rate)
= 4.4% + 1.2 * (12.4% - 4.4%)
= 14%
Reward to risk ratio = (14% - 4.4%) / 1.2
= 8%
can a ledger be prepared manually or by computer?
what do customers evaluate when making a purchase
Explanation:
im not an expert but I think the value and how it looks
As the marginal propensity to consume (MPC) increases, the spending multiplier: Increases, decreases, stays the sameIf the marginal propensity to consume is 0.70, then, assuming there are no taxes or imports, the multiplier is: (Note: round to the nearest tenth)Given the multiplier that you calculated, what is the total impact on spending when there is a $1,000 increase in government spending?
Answer:
(a) As the marginal propensity to consume (MPC) increases, the spending multiplier Increases.
(b) Multiplier is 3.30.
(c) Total impact on spending is $3,300.
Explanation:
(a) As the marginal propensity to consume (MPC) increases, the spending multiplier: Increases, decreases, stays the same.
In economics, the higher the MPC, the higher the spending multiplier.
Therefore, as the marginal propensity to consume (MPC) increases, the spending multiplier Increases.
(b) If the marginal propensity to consume is 0.70, then, assuming there are no taxes or imports, the multiplier is: (Note: round to the nearest tenth).
This can be calculated as follows:
Multiplier = 1 / (1 - MPC) = 1 / (1 - 0.70) = 1 / 0.30 = 3.33333333333333
Rounding to the nearest tenth, we have:
Multiplier = 3.30
(c) Given the multiplier that you calculated, what is the total impact on spending when there is a $1,000 increase in government spending?
Total impact on spending = Increase in government spending * Multiplier = $1,000 * 3.30 = $3,300
The spending multiplier rises as the marginal propensity to consume (MPC) rises. 3.30 is the multiplier. The total financial impact is $3,300.
What is the total impact on spending?(a) The spending multiplier grows, declines, or remains constant when the marginal propensity to consume (MPC) increases.
The higher the MPC, the higher the spending multiplier in economics.
As a result, the spending multiplier rises as the marginal propensity to consume (MPC) rises.
(b) If the marginal propensity to consume is 0.70, the multiplier is: assuming no taxes or imports (Note: round to the nearest tenth).
Computation:
[tex]\text{Multiplier} = 1 / (1 - MPC) \\= 1 / (1 - 0.70) \\= 1 / 0.30 \\= 3.33333333333333[/tex]
If we round to the nearest tenth, we get: a 3.30 multiplier
(c) Given the multiplier you computed, what is the total impact on spending when government spending is increased by $1,000?
[tex]\text{Total impact on spending = Increase in government spending} \text{ x } \text{Multiplier}\\ = $1,000 \text { x } 3.30 = $3,300[/tex]
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A monopolist can sell 15 toys per day for $12.50 each. To sell 16 toys per day, the price must be cut to $12.20. The marginal revenue of the 16th toy is:_________.A. $12.20.B. $-0.30.C. $7.70 .D. $16.
Answer:
A monopolist can sell 15 toys per day for $12.50 each. To sell 16 toys per day, the price must be cut to $12.20. The marginal revenue of the 16th toy is:_________.
A. $12.20.
Explanation:
For this monopolist, the marginal revenue is the incremental revenue which it generates from each additional unit of sales. It can also be expressed as the rate at which total revenue changes from what it was before now. In this case, the additional revenue that the monopolist will get from selling one additional unit is $12.20. It is the additional revenue that the monopolist gets for the 16th item.
dover compnay deposits 30000 with second national bank in an account earning interest at 5% per annum semi annualy. how much will dover have in the account after 5 years if interest is reinvested
Answer:
$38,402
Explanation:
Calculation for How much will Dover have in the account after five years if interest is reinvested
First step is to use Financial calculator to find
the Future value factor of (2.5%, 10 years)
Future value factor of (2.5%, 10 years)=1.28008
Now let calculate Future value using this formula
Future value = Principal *Future value factor
Let plug in the formula
Future value= $30,000 * 1.28008
Future value=$38,402
Therefore How much will Dover have in the account after five years if interest is reinvested is $38,402
The Johnson Drum Company is planning to build a new factory. The purchase of the land, building the plant, and installation of equipment will take place over a 2-year period. The following are planned cash outflows:
Year Cash Outflow 0 $3,500,000 1 $4,750,000 2 $6,100,000
Johnson Drum's cost of capital is 14%, and its marginal tax rate is 35%. What is the NINV measured in present value terms today?
Answer:
$12,356,650
Explanation:
Calculation for What is the NINV measured in present value terms today
Year Cash Outflow PVIF PV of NINV
Year 0 $3,500,000 * 1.000 = $3,500,000
Year 1 $4,750,000* 0.877 =$ 4,165,750
Year2 $6,100,000* 0.769 =$4,690,900
Total NINV=$12,356,650
(3,500,000+4,165,750+=4,690,900)
Therefore the NINV measured in present value terms today will be $12,356,650
On January 1, Vega Company purchased as an investment a $1,000, 6% bond for $1,000. The bond pays interest on January 1. The bond is sold on July 1 for $1,100 plus accrued interest. Interest has not been accrued since the last interest payment date. What is the entry to record the cash proceeds at the time the bond is sold
Answer:
Dr Cash, $1,160
Cr Debt Investments $1,000
Cr Gain on sales of Debt Investments 100
Cr Interest Revenue $60
Explanation:
Preparation of the entry to record the cash proceeds at the time the bond is sold
Dr Cash, $1,160
[1,100+(6%*$1,000]
Cr Debt Investments $1,000
Cr Gain on sales of Debt Investments 100
(1,100-1,000)
Cr Interest Revenue $60
(6%*$1,000)
Q2. Which of the following is not covered under Marine Insurance?
a Theft insurance
b. Marine insurance
c. Life insurance
d. Fire insurance
Answer:
Marine Insurance? lol kinda make no sense
which task does cluster analysis perform?
A. predict the behavior of new customers
B. find that attributes that are similar
C. group similar customers together
D. identifies the most valuable customers
Answer:
C. groups similar customers together
Explanation:
What do most economists believe is the relationship between long run expectations of inflation, actual inflation, and the money supply growth?
Answer:
In the short run, the Phillips curve states that inflation and unemployment are inversely related. As inflation rises, unemployment decreases. But in the long run, the unemployment rate is fixed and will not be affected by the inflation rate. In the long run a higher inflation rate does not affect the unemployment rate (vertical line).