Answer: Monopolistic competition
Explanation:
Monopolistic competition is described as a competition between firms where they offer similar services but not the same or exact services. This competition is seen in industries where differentiation is possible, example of such industries are restaurant, hairdressers, clothing, TV programs.
The economy begins in equilibrium at point E, representing the real interest rate r 1 at which saving S 1 equals desired investment I 1. What will be the new equilibrium combination of real interest rate, saving, and investment if there is a technological innovation that increases the demand for investment goods
Answer:
hello below is the missing diagram needed for the question
answer : point B
Explanation:
when there is a technological innovation that increases the demand for investment and goods the real interest rate,savings and investment will take a positive outlook i.e take a shift to the right , this is due to the increase in investment and a corresponding increase in demand by consumers
Technological innovation are very vital for the expansion of production by companies and firms who provide either goods or services
What type of a service would a CPA perform if a loan that is collateralized by inventory requires a CPA to observe the count of the inventory and trace sampled items to the vendor invoices in order to determine the value of inventory is not misstated
Answer:
An attestation engagement.
Explanation:
An attestation engagement involves hiring a third party called a CPA to give attestation on subject matters or services like examinations, reviews, reports that are created by a client. The attestation engagement is a form of audit. The CPA is responsible for the client. It is of 3 types
1. The examination engagement
2. Review engagement
3. Agreed upon procedures engagement
Which of the following is a true statement? A. The prices of bonds are unrelated to the interest rate. B. The prices of bonds are inversely related to the interest rate. C. The prices of bonds are directly related to the interest rate. D. The prices of bonds increase when the interest rates rise.
Answer:
B. The prices of bonds are inversely related to the interest rate.
Explanation:
Bonds prices have an inverse relationship with interest rate. when interest rate increases, the price of bonds falls and when interest rate decreases, the price of bonds increases.
Bigelow Inc. sells a product for $800 per unit. The variable cost is $600 per unit, while fixed costs are $1,200,000. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $850 per unit.
Answer:
Results are below.
Explanation:
Giving the following information:
Bigelow Inc. sells a product for $800 per unit. The variable cost is $600 per unit, while fixed costs are $1,200,000.
To calculate the break-even point in units, we need to use the following formula:
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 1,200,000 / (800 - 600)
Break-even point in units= 6,000 units
Now, the selling price= 850
Break-even point in units= 1,200,000 / 250
Break-even point in units= 4,800 units
Suppose consumption demand of GDP decreases during a recession while the other demands are unaffected. What happens to the equilibrium real interest rate in the economy?
Answer:
Since consumption represents almost 70% of the GDP, any change in consumption affects the economy more than any change in the rest of the components of the GDP (net exports, investment, government). If consumption decreases, then the real interest rate will decrease.
The higher the interest rate, the lower the consumption level. This should increase the savings = more investment in the economy, but since consumption is so important to the economy, a decrease in consumption will decrease the equilibrium interest rate. This lowering in the real interest rate will be carried out in order to try to increase consumption.
What is an application letter?
A: An application letter is used to apply for a specific job and includes keywords from the job posting.
B: An application letter describes in detail your schooling, work experience, and any other experience.
C: An application letter summarizes your intern experience for potential employers.
D: An application letter is used to inquire about open positions or positions that may open in the near future
Answer:
A: An application letter is used to apply for a specific job and includes keywords from the job posting.
Explanation:
The application letter is the letter in which the employee apply for the particular job to the employee for expressing the interest in the position posted by the employer.
Also it is known as cover letter
Therefore according to the given options the first option is appropriate for the application letter
Answer:
A: An application letter is used to apply for a specific job and includes keywords from the job posting. (apex)
Managers who believe that their native country, culture, language, and behavior are superior to all others are ____ managers. Multiple Choice maquiladoras geocentric polycentric ethnocentric diverse
Answer:
ethnocentric
Explanation:
ethnocentric managers believe that their culture is superior to other cultures.
polycentric mangers are mangers who believe that native managers in foreign offices are best suited to mange native workers
geocentric Managers believe that there are differences and similarities between home and foreign workers and practices. they believe that techniques adopted should be the most effective.
The weighted average cost of capital for a company: Group of answer choices should be used as the required return when analyzing a potential acquisition in an unrelated business. is unaffected by changes in corporate tax rates. is equivalent to the after-tax cost of the firm's liabilities. is the return investors require on the total assets of the firm. remains constant when the debt-equity ratio changes.
Answer:
is the return investors require on the total assets of the firm
Explanation:
The weighted average cost of capital (WACC) is the rate of return in which the company predicted to pay for holding the security in order to finance the assets
The formula to compute the WACC is shown below:
= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of common stock) × (cost of common stock)
Hence, fourth option is correct
A broker followed the instructions in an escrow disbursement order. However, one of the parties to the contract sued the broker and a judgment was filed against the broker that resulted in $8,000 in money damages plus $3,500 in court costs. The broker incurred $4,500 in attorney's fees associated with his defense. The FREC is authorized to disburse what amount associated with this case
The amount that should be associated with the given case is $16,000.
The computation is as follows:
= Money damages + cost of the court + attorney fees associated
= $8,000 + $3,500 + $,4500
= $16,000
In order to determine the value i.e. associated we add the above 3 items.
Therefore we can conclude that The amount that should be associated with the given case is $16,000.
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The ending bank statement balance at November 30 is $7,650. The bank statement shows a service charge of $65, electronic funds receipts of $500, and a NSF check for $350. Deposits in transit total $2,050 and outstanding checks are $1,435. The balance per books at November 30 is $8,180. What is the adjusted bank balance at November 30?
Answer:
the adjusted bank balance at November 30 is $8,265.
Explanation:
Prepare an Amended Cash Book as follows :
Cash Book - Bank Balance
Debit :
Balance before adjustments $8,180
Electronic funds receipts $500
Totals $8,680
Credit :
Service charge $65
Dishonored Check (NSF) $350
Updated Bank Balance $8,265
Totals $8,680
Zen Corp, an Australian company, and Pluto Inc, an American company, entered into a one-time contract to build an elevated expressway in Florida. The contract was for a period of five years and both companies were equally liable under their agreement. This type of business enterprise is known as a _____.
Answer: Joint Venture
Explanation:
Joint Venture is a form of business whereby two parties will have to come together and utilize their resources and put their skills together as well in order to achieve a common goal.
Zen Corp, an Australian company, and Pluto Inc, an American company, entered into a one-time contract to build an elevated expressway in Florida. The contract was for a period of five years and both companies were equally liable under their agreement. This is a form of joint venture.
Harlose Suits faced a lot of complaints from customers when its recent batch of goods was dispatched. The employees at Harlose Suits, hence, had to rework on the returned items, and in some cases, the company had to even replace the faulty goods. In this case, the costs incurred by Harlose Suits are an example of _____.
Answer:
External failure costs.
Explanation:
These are explained to be the faults or defects a customer finds out or see after receiving his good and leaves the factory or finds out when goods or services has been delivered to him/her.
This can be either internal or external. When seen to be an internal aspect of the failure, costs result from identification of defects before they are shipped to customers. Some of these could include rejected products, reworking of defective units, scrap and also downtime caused by quality problem. It is said that a firms appraisal activities creates chances greater than the chance of catching defects internally and the greater the level of internal failure costs. This is the price that is paid to avoid incurring external failure costs, which can be devastating.
Answer: im trying to get points
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Exercise 7-4 Direct write-off method LO P1 Dexter Company applies the direct write-off method in accounting for uncollectible accounts. March 11 Dexter determines that it cannot collect $45,000 of its accounts receivable from its customer Leer Company. 29 Leer Company unexpectedly pays its account in full to Dexter Company. Dexter records its recovery of this bad debt. Prepare journal entries to record the above selected transactions of Dexter.
Answer:
Date Account Titles and Explanation Debit Credit
March 11 Bad debt Expenses $45,000
Account Receivables $45,000
(To record uncollectible accounts receivables)
Date Account Titles and Explanation Debit Credit
March 29 Account Receivables $45,000
Bad debt Expenses $45,000
(To record reversal of written off accounts receivables)
Date Account Titles and Explanation Debit Credit
March 29 Cash $45,000
Accounts Receivables $45,000
(To record receipt of cash from customers)
The Securities and Exchange Commission: Multiple Choice verifies the accuracy of the information contained in the prospectus. publishes red herrings on prospective new security offerings. examines the prospectus during the Green Shoe period. reviews registration statements to ensure they comply with current laws and regulations. determines the final offer price once they have approved the registration statement. Next Visit question mapQuestion 24 of 25 Total24 of 25 Prev
Answer:
reviews registration statements to ensure they comply with current laws and regulations.
Explanation:
The Securities and Exchange Commission (SEC) is a governmental agency saddled with the sole responsibility of regulating the securities or capital markets, as well as protecting investors in a country.
In the United States of America, the Securities and Exchange Commission (SEC) as an independent government agency was established under the Securities Act of 1933 and the Securities and Exchange Act of 1934 of the United States of America. It has the power to propose securities rules and regulations, and enforce federal securities law in the securities market.
Hence, Securities and Exchange Commission reviews registration statements of bond issuers, investment advisers etc, to ensure they comply with current laws and regulations.
Suppose that the market portfolio is equally likely to increase by 24% or decrease by 8%. Security "X" goes up on average by 29% when the market goes up and goes down by 11% when the market goes down. Security "Y" goes down on average by 16% when the market goes up and goes up by 16% when the market goes down. Security "Z" goes up on average by 4% when the market goes up and goes up by 4% when the market goes down. The expected return on security with a beta of 0.8 is closest to: 3.2% 6.4% 0.0% 7.2%
Answer:
The expected return on security with a beta of 0.8 is closest to 7.2%.
Explanation:
This can be determined as follows:
Since the return of security Z remains at 4% despite the change in the market, security Z is the risk-free asset.
Note that a risk free asset is an asset which its returns does not change with change in the market.
Using the Capital Asset Pricing Model (CAPM) formula, we have:
Er = Rf + (B * MPR) ............................................ (1)
Where;
ER = Expected return = ?
Rf = Risk-free rate = Rate of return of security z = 4%
B = Beta = 0.8
MPR = Market risk premium = Expected return on the market rate - Risk-free rate
Expected return on the market rate = (50% * 24%) + (50% *(-8%)) = 8%
Therefore, we have:
MPR = 8% - 4% = 4%
Substituting the values into equation (1), we have
Er = 4% + (0.8 * 4%)
Er = 0.072, or 7.2%
Therefore, the expected return on security with a beta of 0.8 is closest to 7.2%.
John manufactures household furniture. His start-up costs, including tools, plans, and advertising, total \$5000$5000dollar sign, 5000. Labor and materials for each piece of furniture total \$350$350dollar sign, 350, and his production costs are the sum of his start-up costs plus the cost of labor and materials. If John makes fff pieces of furniture, what will be his production costs, ccc, in dollars
Answer:
$5,000 + $350f
Explanation:
The computation of the production cost in dollars is shown
Here we use the equation form
The start up cost is $5,000
Labor, material cost $350
Now if he makes f pieces of furniture so, his production cost would be
= Startup cost + labor, material cost
= $5,000 + $350f
Hence, this is the answer and the same is to be provided
Assume Jones Manufacturing begins March with 20 units of inventory that cost $15 each. During March, the following purchases and goods sold were: March 15 Purchased 25 units at $18 30 Sold 30 units Using the FIFO inventory costing method and the perpetual system, what is the ending Merchandise Inventory on March 30?
Answer:
$270
Explanation:
The computation of the ending inventory using the FIFO method is shown below:
But first we have to determine the ending inventory units which is shown below:
= Beginning units + purchased units - sale units
= 20 units + 25 units - 30 units
= 15 units
Now the ending inventory is
= 15 units × $18
= $270
Hence, the ending inventory is $270
Conversion costs include ________. A. direct labor and manufacturing overhead costs B. direct material and direct labor costs C. product and period costs D. direct material, direct labor, and manufacturing overhead costs
Answer:
A. direct labor and manufacturing overhead costs.
Explanation:
In Financial accounting, conversion costs comprises of all the costs associated with the conversion of raw materials into finished goods or products. These costs are usually calculated by the addition of direct labor and manufacturing overhead.
Hence, conversion costs include direct labor and manufacturing overhead costs.
You hold a diversified $100,000 portfolio consisting of 20 stocks with $5,000 invested in each. The portfolio's beta is 1.12. You plan to sell a stock with b = 0.90 and use the proceeds to buy a new stock with b = 1.50. What will the portfolio's new beta be? Do not round your intermediate calculations.
Answer:
1.15
Explanation:
A diversified portfolio consists of $100,000 with 20 stocks and $5,000 invested in each of the stock
The portfolio beta is 1.12
You plan to sell a stock with a beta of 0.90, the proceeds gotten from it will be used to purchase a new stock with a beta of 1.50
Therefore, the portfolio's new beta can be calculated as follows
= (20×1.12-0.9+1.50)/20
= (22.4-0.9+1.50)/20
= 23/20
= 1.15
Hence the portfolio's new beta is 1.15
Whenever possible, Lorraine tries to purchase organic foods for her family. She feels better knowing there is less pesticide residue in these products vs. conventionally produced foods. If she sees a product that bears the USDA Organic seal, of what can she be assured?
Answer:
The correct answer is: She can be assured of a lot of things. Explained below.
Explanation:
To begin with, the USDA organic certification is understood to be the one that assures the consumers to buy products that are 95% organic in those that have the certification because the department checked them out so that means that all the companies who have achieved the certificate then they are workind according with the standards provide by the U.S. Department of Agriculture. Moreover, the certification establishes that the food is free from genetic modification and irradiation and that they also have a greater content in nutrients that the other ones.
An investor interested in obtaining the benefit of professional portfolio management has been tracking a particular investment company for the past several months. In so doing, it becomes obvious that the market price of the shares moves in direct relation to the computed NAV. This investor must be following?
A) a balanced fund
B) a money market fund
C) an open-end fund
D) a closed-end fund
Answer:
C. an open-end fund
Explanation:
An open end fund also known as mutual fund is a diversified investment portfolio that does not have a limit in terms of shares that can be issued. In an open end fund, when shares are purchased by investors, more shares are created likewise shares are taken out of circulation when they are sold.
Majority of open end funds - mutual funds can issue new shares at all times as per response to the demand by investors. Shares bought and sold in open end fund are priced daily based on their current net asset value (NAV) . Example of open end funds are hedge funds, mutual funds, exchange traded funds (ETFs)/etc.
Allocating funds to promotion whereby the company determines its promotion objectives, outlines the tasks to accomplish these objectives, and determines the promotion cost of performing these tasks is referred to as
Answer: objective and task budgeting
Explanation:
Objective and task budgeting is a method used whereby the marketer decides the objective that will need to be accomplished and the necessary tasks that are required to to achieve such objectives.
This csn consist of the allocation of funds to promotion whereby the company determines its promotion objectives, outlining the tasks to accomplish these objectives, and also determining the promotion cost of performing these tasks.
Decreasing the number of stocks in a portfolio from 50 to 10 would likely ________________. A. increase the systematic risk of the portfolio B. increase the unsystematic risk of the portfolio C. increase the return of the portfolio D. decrease the variation in returns the investor faces in any one year
Answer:
Option B, Increase the unsystematic risk of the portfolio, is the right answer.
Explanation:
Option B is correct because unsystematic risk refers to the risk that can be reduced drastically by diversifying the investment or portfolio. A company can reduce such risk by investing in a large range of projects or in large companies. Therefore, if the diversification decreases, as we can see in the question that the stock portfolio decreased from 50 to 10 then the unsystematic risk will increase.
Which of the following is correct?a. There is consensus among economists that unions are good for the economy.b. There is consensus among economists that unions are bad for the economy.c. There is consensus among economists that, on net, unions have almost no impact on macroeconomic variables.d. There is no consensus among economists about whether unions are good or bad for the economy.
Answer:
The correct answer is the option D: There is no consensus among economists about whether unions are good or bad for the economy.
Explanation:
To begin with, the unions are the gruop of workers that join themself to an unique society in where the most important objective for them is to achieve better salaries and job conditions for their members. Moreover, the unions are the most important factor of power for the workers due to the fact that they have a strong market power because of the huge amount of individuals that they manage. So therefore that there is no consensus among economists about whether unions are good or bad for the economy because the in principle the unions should help the workers to have better job conditions and salaries but sometimes in reality the unions tend to sofocate the companies and make the production to delete and struggle.
College dorm residents frequently want to keep and prepare their own food and snacks to save money or have a late-night snack. However, their dorm rooms are often woefully short of space. MicroFridge understands this and markets a combination microwave, refrigerator, freezer, smoke sensor, and charging station appliance targeted to these students. MicroFridge is most likely using which basis of segmentation
Answer:
behavioral segmentation
Explanation:
Based on this scenario, it can be said that MicroFridge is using behavioral segmentation. This is a form of marketing segmentation that focuses on dividing individuals into different groups based on their specific behavioral patterns that they share in common. Which in this case is the fact that the students tend to keep and prepare their own food and snacks to save money. By targeting individuals with these behaviors they are more likely to sell their product due to its unique features that become beneficial to individuals exhibiting these behaviors.
Which of the following items is an example of an overhead expense?: (A)Rent on a factory. (B)Electricity, most of which is used to power a plant's machinery. (C)Raw materials used in manufacturing. (D)Shipping costs on goods sold. (Hint: Remember that overhead expenses are fixed costs, which must be paid regardless of the amount of business done.)
Silca Electronics Inc. is a consumer-electronics company based in the country of Pelo. It has approximately 300 stores across the country and is already active in three foreign countries. It attempts to establish itself successfully in the country of Zevar, and uses its low-cost strategy to do so. However, due to the additional costs associated with training, coordinating across geographic distances, and other costs associated with doing business in an unfamiliar cultural and economic environment, Silca Electronics Inc. incurs huge financial losses in Zevar. In this scenario, Silca Electronics Inc.'s failure to establish itself successfully in Zevar occurs most likely because:
Answer:
It under-estimated its cost and liabilities in expanding to Zevar market
Explanation:
The pricing strategy adopted by Silca is low cost , which is the practice of stimulating demand and gaining market share through setting a lower price with the benefit of higher profit per sale , which is made possible as a result of lower cost of production.
However , the processes involved in expansion to Zevar attracted additional costs which violated the the lower cost principle, as the cost of operation became higher than would have been , leading to a financial loss.
It is apparent here that Silca did not do its due diligence properly before going ahead with the expansion move as cost and liabilities appeared to have been under estimated.
In the early 1990s, Gatorade dominated the market for sports drinks, a segment in which it had been the original innovator. For decades, Coca-Cola had been a leader in marketing, bottling, and distributing soft drinks. However these drinks did not include a sports drink. Soon after Gatorade appeared, Coca-Cola developed and marketed its own sports drink, Powerade. In this example, Coca-Cola Question 28 options: built new core competencies to protect and extend its current market position. built new core competencies to create and compete in markets of the future. leveraged core competencies to improve current market position. redeployed and recombined core competencies to compete in markets of the future.
In this example, Coca-Cola built new core competences to protect and extend its current market position.
Coca-cola developed and marketed Powerade by building new core competences in the manufacturing and marketing of sports drinks.
Its purpose for building the new core competences was so that it could protect and extend its current market position as a leader in the marketing, bottling, and distribution of soft drinks.
Thus, Coca-cola did not leverage its core competencies to improve its current market position, nor did it build, redeploy, or recombine core competencies for its future market competition in the soft drinks industry.
Thus, Coca-cola wanted to protect its current market position in the soft drinks industry because of the presence of Gatorade.
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Basics Test - English EXIT PREVIOUS Paul is setting up a marketing/sales event at a community center where he is going to discuss UnitedHealthcare Medicare Advantage plans. He has placed a UnitedHealthcare logo pen ($3 value), Clarity consumer workbook, and an Enrollment Guide at each seat. What, if anything, has Paul done wrong
Answer:
What Paul has done wrong is to place these marketing materials on seats. He should devised a plan to give out these materials at the registration point where participants would be registered and then they would collect the items. By placing them on the seats, some of the participants could collect more than one, especially the valuable pen that is worth $3 each.
Explanation:
Marketing materials cost the entity some funds to produce. They should not be wasted. In addition, the number of participants with some details like names and contact information should be captured for future marketing efforts. Allowing participants to have free access to the marketing materials that cost so much without driving any potential customer list is not prudent.
On October 31, the stockholders’ equity section of Sunland Company’s balance sheet consists of common stock $696,000 and retained earnings $397,000. Sunland is considering the following two courses of action: (1) Declaring a 5% stock dividend on the 87,000 $8 par value shares outstanding (2) Effecting a 2-for-1 stock split that will reduce par value to $4 per share. The current market price is $15 per share. Prepare a tabular summary of the effects of the alternative actions on the company’s stockholders’ equity and outstanding shares.
Answer: Please find answers in the explanation column
Explanation:
Summary of the effects of the alternative actions on the company’s stockholders’ equity and outstanding shares.
Before action After stock dividend After stock split
Stockholder's equity
Paid in capital $696000 696000+ $65,250 $696,000
=$761,250
Retained earnings $397000 397000-($65,250) $397,000
=$331,750
Total Stockholder's
equity $1,093,000 $1,093,000 $1,093,000
Outstanding shares $87,000 87000 + 4,350 87000 x 2 =
=$91, 350 $174,000
Calculations:
stock dividend = Number of outstanding shares x percentage of dividend
= 87,000 x 5% =4,350
Amount to purchase 4,350 shares= number of shares x market value per share = 4,350 x 15= n$65,250
Number of shares after stock split of 2-for -1 = 87,000 x 2 = 174,000