Answer:
The percentage change in quantity demanded is exactly equal to the percentage change in price. The percentage change in quantity demanded is exactly equal to the percentage change in price.
20 Point
Which portion of the passage indicates that Neil’s prototype product requires many more changes?
1.(Neil created a robot that works on certain commands.) 2(However, the robot freezes and dismantles itself on hearing commands it does not recognize.) 3(While the robot recognizes most commands,) 4(it sometimes confuses similar-sounding commands.) 5(Neil spent five years creating this robot and invested all his savings in it.)
Answer:
Number 2 or Number 4.
Explanation:
On number 2, the robot freezes when it doesn't recognize the command. Obvious problem. On number 4, the robot confuses similar sounding commands. Also an obvious problem.
Answer:
2
Explanation:
What would the cost of goods sold be if the cost of goods available for sale totaled $650 and the ending inventory total? $86.
564.00
546.00
5.46
50.64
Answer:
4
Explanation:
i need points for my test
Globalization forces small businesses to compete worldwide. The result of globalization is that operation manager (OM) or owner must do which of the following to stay competitive:
Answer:
- Making sure the cost of their asset management is as low as possible
- Maximize their product delivery
- Making sure that their price of operation is efficient
- making sure price of their product is competitive
Explanation:
Due to globalization, businesses are forced to compete on foreign markets that they might not be familiar with. In such situations, lowering cost of production while maintaining the quality of their products is the best thing that they can do to maintain a healthy profit margin. This can be done by lowering the cost that they need to make maintenance of their assets and minimizing the cost they need to acquire materials.
On top of lowering cost of production, they also need to provide better services and reasonable price range for the costumers. They need to put a good customer service call along with on time delivery to keep customers happy.
ABC Ranch & Farm is a distributor of ranch and farm equipment. Its products range from small
tools, power equipment for trench-digging and fencing, grain dryers, and bar winches. Most
products are sold direct via its company catalogue and internet site. However, given some of its
speciality products, select farm implement stores carry ABC's products. Pricing and cost
information on three of ABC's most popular products are as follows
Item
Mini - trencher
Power fence hole auger
Grain/hay dryer
Standalone selling Price (Cost)
$3,600 (S2,000)
1,200 ($800)
14.000 ($11,000)
Respond to the requirements related to the following independent revenue arrangements for ABC
Ranch and Farm
a. On January 1,2019 ABC sells 40 augers to Mills Farm & Fleet for $48,000. Mills signs a
6-month note at an annual interest rate of 12%. ABC allows Mills to return any auger that
it cannot use within 60 days and receive a full refund. Based on prior experience, ABC
estimates that 5% of units sold to customers like Mills will be returned (using the most
likely outcome approach). ABC's costs to recover the products will be immaterial and the
returned augers are expected to be resold at a profit
Required: Prepare the journal entry for ABC on January 1,2019. (6marks)
b. On August 10,2019 ABC sells 16 mini trenchers to a farm co-op in westem Minnesota
ABC provides a 4% volume discount on the mini trenchers if the co-op has a 15% increase
in purchases from ABC compared to the prior year. Given the slowdown in the farm
economy, sales to the co-op have been flat, and it is highly uncertain that the benchmark
will be met
Required: Prepare the journal entry for ABC on August 10,2019, (4 marks)
c. ABC sells three grain/hay dryers to a local farmer at a total contract price of $45,200. In
addition to the dryers ABC provides installation which has a standalone selling price of
$1,000 per unit installed. The contract payment also includes a $1,200 maintenance plan
for the dryers for 3 years after installation. ABC signs the contract on June 20, 2019 and
receives a 20% down payment from the farmer. The dryers are delivered and installed on
October 1 2019 and full payment is made to ABC
Required: Prepare the journal entries for ABC in 2019 related to this arrangement.
Answer:
ABC Ranch & Farm
a. Journal Entries:
Jan. 1, 2019:
Debit Notes receivable (Mills Farm & Fleet) $48,000
Credit Refund liability ($48,000 * 5%) $2,400
Credit Sales revenue $45,600
To record the sale of 40 augers for a 6-month note at 12% interest.
January 1, 2019:
Debit Cost of goods sold $30,400
Credit Inventory $30,400
To record the cost of goods sold, less estimated return of 5%.
b. Journal Entries:
August 10, 2019:
Debit Accounts Receivable $57,600
Credit Sales revenue $57,600
To record the sale of 16 mini trenchers to a farm co-op.
August 10, 2019:
Debit Cost of goods sold $32,000
Credit Inventory $32,000
To record the cost of goods sold.
June 20, 2019:
Debit Cash Account $9,040
Credit Deferred Revenue $9,040
To record the receipt of the down payment.
October 1, 2019:
Debit Deferred Revenue $9,040
Credit Sales Revenue $9,040
To record revenue for goods sold.
Debit Cash Account $36,160
Credit Sales Revenue $32,051
Credit Service Revenue (Installation) $2,935
Credit Service Revenue (Maintenance) $1,174
To record the receipt of full payment for goods sold and installation and maintenance services.
December 31, 2019:
Debit Service Revenue (Maintenance) $1,076
Credit Deferred Revenue $1,076
To record the deferred revenue for maintenance.
Explanation:
A) Data and Calculations:
Item Standalone selling
Price (cost)
Mini -trencher $3,600 ($2,000)
Power fence hole auger $1,200 ($800)
Grain/ Hay dryer $14,000 ($11,000)
Sale of grain/hay dryers: Allocation of Contract
Price of $45,200
Sale revenue $14,000 * 3 = $42,000 $41,091 (42,000/46,200 * 45,200)
Installation fee $1,000 * 3 = 3,000 2,935 (3,000/46,200 * 45,200)
Maintenance fee for 3 years 1,200 1,174 (1,200/46,200 * 45,200)
Total $46,200 $45,200
June 20, Down payment ($45,200 * 20%) = $9,040
October 1, Full payment ($45,200 * 80%) = $36,160
Total payment $45,200
Maintenance fee:
Deferred Revenue (1,174*33/36) = $1,076
Maintenance fee revenue (1,174* 3/36) = $98
A perfectly competitive firm should shut down immediately in order to incur only fixed costs whenever the price is
Answer:
This question is incomplete, the options are the following:
a) Higher than the average total cost.
b) Higher than the average variable cost.
c) Lower than the break-profit point.
d) Lower than the average variable cost.
And the correct answer is the option D: Lower than the average variable cost.
Explanation:
To begin with, a perfect competitive firms works in a market that has an homogeneous product as well as a lot of sellers and consumers so therefore that they are all price takers given the forces of the market and their interactions. Moreover, in the proper graphic of the perfect competition market the different cost curves and the incomes curves will show how the market behaves according to the quantities and the prices given for those quantities. So the firm will always have to shut down the production when in the graphic the price is lower than the average variable cost given the fact that from that point down the firm will not be able for cover the fixed costs.
Amy is considering investing in a project that is expected to return $75,000 five years from now. How much is she willing to pay for this investment if she wants a 10% return
Answer:
$46,569.10
Explanation:
The worth of the project today is the present value of the return expected in 5 years using the interest rate of return of 10% as the discount rate as computed below:
PV=FV/(1+r)^n
PV=today's worth of the project which is unknown
FV=future amount expected=$75,000
r=interest rate=10%
n=the time before the return is received=5 years
PV=$75,000/(1+10%)^5
PV=$75,000/(1.1)^5
PV=$75,000/1.61051
PV=$46,569.10
The investor is worried that the beta of his portfolio is too high, so he wants to sell some stock C and add stock D, which has a beta of 1.0, to his portfolio. If the investor wants his portfolio to have a beta of 1.72, how much stock C must he replace with stock D
Answer: $36,000
Explanation:
First calculate the individual weights for the different stocks as this will help with the calculation of beta.
Total amount invested = 16,000 + 48,000 + 96,000 = $160,000
Stock A weight = 16,000/160,000 = 10%
Stock B weight = 48,000/160,000 = 30%
Stock C weight = 96,000/160,000 = 60%
Stock D is to be bought by replacing some of stock C which means that the weight of stock C in the new beta calculation will be exactly less than 60% by the weight of D.
Assuming the weight of d is x, beta is;
Portfolio beta = ∑(weight of stock * beta)
1.72 = (10% * 1.3) + (30% * 1.8) + ((60% - x) * 2.2) + ( x * 1)
1.72 = 0.13 + 0.54 + 1.32 - 2.2x + x
1.72 = 1.99 - 1.2x
1.2x = 1.99 - 1.72
x = (1.99 - 1.72) / 1.2
x = 0.225
Weight of stock D will be 0.225 which is how much of stock C will have to be sold.
The amount of stock C that should be replaced by D is therefore;
= 160,000 * 0.225
= $36,000
How can you price your product or service at its worth or even more? You can price your product or service at its worth or even more if you offer __ facility.
Will give 35 points !!!!!!
Answer:
AVERAGE
Explanation:
took it on PLATO
Which of the following does NOT distinguish a blog?
a. Updated frequently Include links, pictures, videos
b. Collection of thoughts on a variety of topics
c. Written in second person
d. Accessible online for free
Answer:
c. Written in second-person
Explanation:
Indeed, although blog contents are available online for free, may include links, pictures, videos, and a variety of thoughts, they are usually not written in second-person writing style.
Remember, the second-person writing style involves writing from another person's viewpoint. However, a blogger often writes from his or her views on a variety of topics which ultimately implies they'll use the first-person writing style. Hence, a blog is not distinguished by been written in the second person.
what has 4 eyes but can't see
the right answer gets brainlist
Answer:
Biscuiiiits
Explanation:
They have four eyes but can't see, I'm so smart ;)
Your goal is to earn an annual salary of $100,000 three years from now. You expect to increase your salary by 6.5 percent annually. How much do you need to earn this year if you are going to reach your goal?
a. $72,988.08
b. $82,784.91
c. $87,878.88
d. $84,363.13
Answer:
$87,878.88
Explanation:
Calculation How much do you need to earn this year
Using this formula
PV = FV/ (1 + r )^n
Where,
FV =Future Value=$100,000
PV = Present Value
r = rate of interest=6.5%
n= no of period=3 years
Let plug in the formula
PV = $100,000 / ((1 + 6.5%)^3)
PV = $82,784.91
Therefore the amount you need to earn this year will be $82,784.91
The book value per share of stock is the amount of money an investor would have to pay to purchase a share of stock in an open market. This statement is
Answer:
False
Explanation:
The book value per share of stock can be defined as a measure of the total amount of value associated with a net asset that an investor is entitled to when he or she buys a share of stock.
The book value per share of stock is a ratio of the equity gotten by an investor to the amount of outstanding shares.
Hence, the book value per share of stock is not the amount of money an investor would have to pay to purchase a share of stock in an open market. This statement is completely false.
A stock has an HPR of 9%. The expected dividend yield is 3%.
a. True
b. False
The expected price appreciation is 12%.
a. True
b. False
Answer:
b. False
Explanation:
holding period return = [dividends received + (ending value - initial value)] / initial value
9% = [dividends received + (ending value - initial value)] / initial value
dividend yield = dividend / ending value
3% = dividend / ending value
price appreciation = (ending value / initial value) - 1
1.12 = ending value / initial value
ending value = 1.12 initial value ⇒ WE REPLACE IN THE HPR ANN DY FORMULAS
3% = dividend / 0.12 initial value
dividend = 0.36 initial value
9% = [dividends received + (1.12 initial - initial value)] / initial value
9% = dividends received + (0.12 initial value / initial value)
9% = dividends received + 12%
9% = 0.36 initial value + 12%
-3% = 0.36 initial value ⇒ THIS CANNOT BE TRUE, SO THE QUESTION MUST BE FALSE
Use the following information and the indirect method to calculate the net cash provided or used by operating activities: Net income $ 85,800 Depreciation expense 12,500 Gain on sale of land 8,000 Increase in merchandise inventory 2,550 Increase in accounts payable 6,650
Answer:Cash provided bY operating activities = $94,400
Explanation:
Using the indirect method
Net Income $85,800
Add :
Depreciation expense $12,500
Increase in accounts payable $6,650
Deduct :
Gain on sale of land ($8,000)
Increase in inventory ($2,550)
Cash provided bY operating activities $94,400
Answer:
94,400
Explanation:
Cash flow from operating activities using the indirect method is calculated as follows
Statement of Cash Flow
Amount Total
Income 85,800
Gain on sale of Land (8,000)
Depreciation 12,500
Increase in inventory (2,550)
Increase in accounts payable 6,650
Cash flow from operating activities 94,400
On December 31, 2017, Extreme Fitness has adjusted balances of $800,000 in Accounts Receivable and $55,000 in Allowance for Doubtful Accounts. On January 2, 2018, the company learns that certain customer accounts are not collectible, so management authorizes a write-off of these accounts totaling $10,000. What amount would the company report as its net accounts receivable on December 31, 2017
Answer:
Accounts receivable is $745,000
Explanation:
The company would report as net receivable, the total amount on accounts receivable minus total amount on the Allowance for uncollectible Accounts, which implies that the balance represent the amount of credit that will not be possible to collect again hence, the value represent balance on net accounts receivable.
Accounts receivable = Adjusted balance in accounts receivable - Allowance for doubtful accounts
= $800,000 - $55,000
= $745,000
A__________is a customer benefit package (CBP) feature that departs from the standard CBP and is normally location specific or firm specific.
a. bottleneck
b. peripheral product
c. core product
d. variant
Answer:
d. variant
Explanation:
A variant signifies a set of attributes that is specific to the firm or location in which the firm operates.
For example, a restaurant chain operating for years that decide to entertain its guest with a live band in its new has just added a new variant to its customer benefit package.
A bond that matures in installments at regular intervals is a:_____
a. term bond.
b. serial bond.
c. periodic bond.
d. terminal bond.
Answer:
b. serial bond.
Explanation:
The serial bonds are the bond that matured the investment for a time period. In simple terms, the bond in which the maturity date is spread in a periodic manner over a time period that we called as a serial bonds
Since in the question the bond that matured the investment for a regular intervals so this represents a serial bond
Hence, the correct option is b.
Consider the economy of Athenia. In 2018, Athenia has a GDP of $100 billion and a net national debt of $50 billion. Over the next 5 years, Athenia experiences economic growth, increasing its GDP to $120 billion in 2023. During the same 5 year period, the net national debt increases to $55 billion. Calculate Athenia's debt ratio for 2018 and 2023.
Answer:
2018 50 %
2023 45.8%
Explanation:
Calculation for Athenia's debt ratio for 2018 and 2023
Calculation for 2018 Athenia’s debt ratio using this formula
2018 Athenia’s debt ratio=2018 Net national debt/2018 GDP
Let plug in the formula
2018 Athenia’s debt ratio= ( $50 billion/$100 billion)
2018 Athenia’s debt ratio =50 %
Calculation for 2023 Athenia’s debt ratio Using this formula
2023 Athenia’s debt ratio=2023 Increase in Net national debt/2023 Increase in GDP
Let plug in the formula
2023 Athenia ‘s debt ratio ($55 billion/$120 billion )
2023 Athenia ‘s debt ratio=45.8%
Therefore Athenia's debt ratio for 2018 will be $50% and 2023 will be 45.8%
Which of the following is correct?
a. APC + MPS = 1.
b. APS + MPC = 1.
c. APS + MPS = 1.
d. APC + APS = 1.
Answer:
Option d is correct.
Explanation:
We know that,
Income (Y) = Consumption (C) + Savings (S)
In can be written as
[tex]Y=C+S[/tex]
Dividing both sides by Y, we get
[tex]\dfrac{Y}{Y}=\dfrac{C+S}{Y}[/tex]
[tex]1=\dfrac{C}{Y}+\dfrac{S}{Y}[/tex]
[tex]1=APC+APS[/tex] [tex][\because APC=\dfrac{C}{Y}\text{ and }APS=\dfrac{S}{Y}][/tex]
Since APC+APS=1, therefore the correct option is d.
If you had a business that was growing but you needed a rather large infusion of cash to expand the business to meet demand (if you don't the demand will likely be met by competitors or open the door to new competitors) which type of financing would you choose and why? There is also the possibility of equity (stock) financing. The key is that if we finance a business by selling stock (equity financing) we give up some or a lot of control over the business.
Answer:
I would choose equity financing.
Explanation:
The reason is that in the first stages of a business, it is hard to obtain debt financing, even if the company is growing, because financial institutions assess risk, but also corporate perfomance in terms of liquidity, profitability, and efficiency, and these assessments may not be good enough in a young company for a financial institution to approve the loan.
For this reason, equity financing becomes a better alternative, even if some control of the company has to be given away. In order to reduce such control loss, a mix of common stock and preferred stock could be issued, with preferred stock holders having more entitlements to dividends, but no entitlements to corporate control.
Wally's Party Warehouse provides wholesale party equipment and materials to Party Shops. In 2019, Wally's Party sold 30 bounce houses at $30,000 each. The bounce houses carry a 3-year warranty for defects. Wally estimates that repair costs will average 2% of the total selling price. The estimated warranty liability at the beginning of the year was $26,000. Claims of $19,000 were actually incurred during the year to honor warranties.
What was the balance in the Warranty Liability account at the end of the year?
Answer:
he is probably a b!tsh for wasting money and I hope he is poor now
Explanation:
Helen Martin is interested in buying a five-year zero coupon bond with a face value of $1,000. She understands that the market interest rate for similar investments is 8.5 percent. Assume annual coupon payments. What is the current value of this bond
Answer:
the current value of the bond is $665.05
Explanation:
The computation of the current value of the bond is shown below:
Current Value = Face value ÷ ( 1 + rate of interest)^time period
= $1,000 ÷ (1 + 0.085)^5
= $1,000 ÷ (1.085)^5
= $1,000 ÷ 1.503657
= $665.045423
= $665.05
hence, the current value of the bond is $665.05
We simply applied the above formula so that the correct value could come
And, the same is to be considered
A company has fixed costs of $50,000 while manufacturing a product that has variable costs of $4 per unit and sells for $14 per unit. The break-even point is:_____
Answer:
the break even point in units is 5,000 units
Explanation:
The computation of the break even point in units is shown below:
= Fixed cost ÷ contribution margin per unit
= Fixed cost ÷ (Selling price per unit - variable cost per unit)
= $50,000 ÷ ($14 - $4)
= $50,000 ÷ $10
= 5,000 units
hence, the break even point in units is 5,000 units
We simply applied the above formula so that the correct value could come
And, the same is to be considered
..............................
Sheila and her team were able to successfully implement an IS in a hospitality organization. Match the success factors to their meanings.
increased visibility
increased efficiency
better quality
reduced cycle time
reduced process time in different areas
real-time status or availability of any process or product
faster execution of each process
high quality standards of products and processes
Answer:
Increased visibility- real-time status or availability of any process or product
increased efficiency - reduced process time in different areas
better quality- high-quality standards of products and processes
reduced cycle time-faster execution of each process
did get it right?
Can anyone help me
What is more important than ability in making a good employee?
A. Education
B. Integrity
C. Family history
D. Salary
The more important than ability in making a good employee is the education. Thus, option (a) is correct.
What is employee?The term employee refers to the work in the company to earn the money. The employee is the provided the services to the company with exchange of the salary. The employees are the work with the unity are the increased the wealth of the company.
According to the employee, are the significant ability to the education. The education refers to the gaining knowledge and learning the new things. The person can earn money as they need to education. The education is level wise and based on capacity of the revised knowledge of the student. The education is included a basic necessity of the people.
As a result, the more significant than ability in making a good employee is the education. Therefore, option (a) is correct.
Learn more about on employee, here:
https://brainly.com/question/13405418
#SPJ2
A movie theater charges $5 per ticket and averages 300 customers each night. If prices are raised to $7 per ticket, the theater estimates that average nightly ticket sales will be $1,750. How many customers is the theater expecting to average each night with the new ticket price ?
Answer:
250
Explanation:
I did 1750 divide 7 which got me 250
Frankini has a coffee shop business he opened in the small country of Timpopo. After paying for his business license he opened the shop. Business has be increasing, but he is continually squeezed by corrupt policemen wanting bribes for protection and greedy politicians continually making new rules to extract more money from his business. Frankini’s business environment is not really supportive. What would make business in Timpopo better?
a. More international trade unions.
b. Government programs to assist the poor and needy.
c. A set of effective laws and adequate protection under those laws.
Answer: c. A set of effective laws and adequate protection under those laws.
Explanation:
Out of the options given in the question, the option that'll make business in Timpopo better is a set of effective laws and adequate protection under those laws. The set of effective laws and adequate protection would be vital in order to curb corruption in the country.
When these are out in place, the atrocities commuter by both the policemen and the greedy politicians will be curbed and this will bring about a supportive business environment.
Which of the following items are normally classified as current liabilities for a company that has a one-year operating cycle? (You may
select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and
double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be
automatically graded as incorrect.)
Portion of long-term note due in 10 months
Note payable maturing in 2 years.
Note payable due in 18 months.
Accounts payable due in 11 months.
FICA taxes payable.
Salaries payable.
Answer:
Portion of long-term note due in 10 months Accounts payable due in 11 months. FICA taxes payable. Salaries payable.Explanation:
Current Liabilities are those that are to be paid within the operating cycle of a company which in this case is one year.
The current liabilities will therefore be any liabilities maturing or to be paid in a year. That includes the portion of a long term note due in 10 months, accounts payable due in 11 months and FICA taxes and Salaries payable as these should not pass a year to be paid either.
The manufacturing process used to make a wide variety of highly customized products typically in small quantities as small as one is a:_____
Answer:
"Job Shop" would be the appropriate solution.
Explanation:
A workshop seems to be a small enterprise or organization that makes unique items within one person at the same time. It is a production unit that deals in tailor-made including custom-built components in limited amounts. Under that same production or manufacturing economy, a large number of products are manufactured with smaller quantities requiring a remarkable setup as well as production measures.