Grace's fixed-term tenancy for her apartment with Hillview Apartments passes to her heirs as real property. Therefore, the correct option is A.
A fixed-term tenancy is a type of lease agreement that lasts for a specific period of time, which has been agreed upon by both the tenant and the landlord. In this case, Grace has a fixed-term tenancy with Hillview Apartments. When a tenant with a fixed-term tenancy passes away, their rights and obligations under the lease generally pass to their heirs or estate as real property. This means that the tenancy is considered an inheritable asset, which Grace's heirs can take possession of and manage according to the terms of the original lease agreement.
Therefore, the fixed-term tenancy passes to Grace's heirs as real property, allowing them to maintain possession and management of the apartment in accordance with the original lease terms. Hence, the correct option is A: passes to her heirs as real property.
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true/false. most likely to appear in the articles of incorporation are the names of the company’s initial
True.
The articles of incorporation are legal documents that establish a corporation and outline its purpose, structure, and initial directors or officers. One of the most important pieces of information included in the articles of incorporation is the name of the company, which is usually the first thing to be decided upon during the incorporation process.
Additionally, the articles may include other important details about the company's initial formation, such as the number of shares of stock being issued, the initial board of directors, and the initial officers of the company.
These details are necessary for the legal establishment of the corporation and provide a foundation for its future operations.
Therefore, it is highly likely that the names of the company's initial directors and officers would be included in the articles of incorporation.
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What are the equilibrium quantity and price of lamb in the market, if the supply equation for lamb is: Q, = 7+ 10 PL. Po=10 Y=50K
The equilibrium quantity of lamb in the market is approximately 35.7, and the equilibrium price is approximately 2.87.
In this case, we are given the supply equation for lamb, which is Qs = 7 + 10PL, where Qs is the quantity of lamb supplied and PL is the price of lamb. Additionally, we are given the initial price, Po = 10, and the income of consumers, Y = 50K.
To find the equilibrium quantity and price, we need to consider both the supply and demand curves. The demand curve represents the willingness of consumers to buy lamb at different prices, while the supply curve represents the willingness of producers to supply lamb at different prices.
The demand equation for lamb can be represented as Qd = a - bP, where Qd is the quantity demanded, P is the price, and a and b are constants that determine the slope of the curve. However, we are not given the demand equation in this case, so we cannot use this equation directly.
Instead, we can use the information we have to estimate the demand curve. We know that the income of consumers is Y = 50K, so we can assume that as income increases, the demand for lamb will increase. Additionally, we know that the initial price is Po = 10, so we can assume that as the price of lamb increases, the demand for lamb will decrease. Using this information, we can estimate the demand curve as Qd = 50 - 5P.
To find the equilibrium quantity and price, we need to find the point where the supply and demand curves intersect. This occurs where Qs = Qd. Substituting the supply and demand equations, we get:
7 + 10PL = 50 - 5P
Simplifying, we get:
15P = 43
P = 2.87
Substituting this price into either the supply or demand equation, we get:
Q = 35.7
Therefore, the equilibrium quantity of lamb in the market is approximately 35.7, and the equilibrium price is approximately 2.87.
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Sherry owns a car business. She just received a shipment of Volkswagen SUVs. She paid $60,000 for each vehicle and wants to make 25% on each car sale. What is Sherry's selling price?
First convert the markup percentage to decimal by dividing
(25 / 100 = 0. 25)
Then multiply it by the cost of the vehicle to get the Additional Margin
Additional Margin = $60,000 x 0. 25 =
Second, add the Cost Price and the Additional Margin to get the Selling Price.
Hint: Do not forget to include the comma to separate the digits and to type the $ symbol!
Example: $15,100
To calculate Sherry's selling price, we need to add the cost price and the additional margin.
The additional margin is obtained by multiplying the cost price ($60,000) by the markup percentage (25% expressed as 0.25):
Additional Margin = $60,000 x 0.25 = $15,000
Now, we can calculate the selling price by adding the cost price and the additional margin:
Selling Price = Cost Price + Additional Margin
Selling Price = $60,000 + $15,000
Selling Price = $75,000
Therefore, Sherry's selling price for each Volkswagen SUV will be $75,000.
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A _____________ is a group of people who agree to save their money together and make loans to each othert at a relatively low rate of intrest
A credit union is a financial cooperative that allows its members to pool their money together and provide loans to one another at a lower interest rate than what traditional banks offer.
Credit unions are not-for-profit organizations that operate with the goal of serving their members and providing them with affordable financial services. Members of credit unions typically have a common bond, such as living in the same community or working in the same industry. Credit unions are often able to offer lower interest rates on loans because they are owned and operated by their members, so there are no outside shareholders looking to profit off of the money being lent out. By working together and leveraging the power of their collective resources, credit union members are able to save money and obtain loans at a more affordable rate than what is typically available through traditional banks.
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How does persistence assist a school leaver to become a successful business owner
Persistence is a key trait that enables individuals to overcome challenges, persevere through setbacks, and stay committed to their goals and aspirations.
Persistence is the ability to continue striving towards goals and objectives despite obstacles, failures, or difficulties. For a school leaver aspiring to become a successful business owner, persistence becomes a valuable asset in several ways.
Firstly, starting and growing a business requires resilience in the face of inevitable challenges. Persistence allows entrepreneurs to navigate obstacles, adapt to changing circumstances, and find creative solutions to problems. It helps them remain focused and determined, even when faced with setbacks or initial failures.
Secondly, building a successful business takes time and effort. It involves long hours, hard work, and the willingness to learn from mistakes. Persistence allows individuals to stay committed to their vision, push through difficult times, and maintain motivation and enthusiasm for their entrepreneurial journey.
Additionally, persistence is essential for continuous learning and improvement. Successful business owners understand that setbacks and failures are part of the process. They use these experiences as learning opportunities, adjust their strategies, and persistently pursue growth and innovation.
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• Which distribution does X follow? X-Expo(1/16) • What is the probability that you have to wait less than 20 minutes before you see Peter the Anteater? 0.7135 • What is the probability that you don't see Peter for the next 15 minutes but you do see him before your next lecture in 25 minutes? 0.1820 • You have already been waiting for 20 minutes to see Peter the Anteater and you're getting slightly bored and impatient. What is the probability that you will have to wait for more than 10 more minutes? 0.4647
The probability of waiting for more than 10 minutes after already waiting for 20 minutes is 0.4647. X follows the exponential distribution with a rate parameter of 1/16, denoted as X ~ Expo(1/16).
This means that X represents the time between consecutive sightings of Peter the Anteater, and the distribution of X assumes that sightings occur randomly and independently over time.
To find the probability of waiting less than 20 minutes before seeing Peter, we can use the cumulative distribution function (CDF) of the exponential distribution:
P(X < 20) = 1 - e^(-1/16 * 20) = 0.7135
Therefore, the probability of seeing Peter in less than 20 minutes is 0.7135.
To find the probability of not seeing Peter for the next 15 minutes but seeing him before the next lecture in 25 minutes, we can use the properties of the exponential distribution and the CDF:
P(X > 15 and X < 25) = e^(-1/16 * 15) - e^(-1/16 * 25) = 0.1820
Therefore, the probability of not seeing Peter in the next 15 minutes but seeing him before the next lecture in 25 minutes is 0.1820.
Lastly, if you have already been waiting for 20 minutes to see Peter and want to know the probability of waiting for more than 10 more minutes, we can use the survival function (SF) of the exponential distribution:
P(X > 30 | X > 20) = P(X > 10) = e^(-1/16 * 10) = 0.4647
Therefore, the probability of waiting for more than 10 minutes after already waiting for 20 minutes is 0.4647.
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At December 31, 2016, Vanderpool's price-earnings ratio was 14.6. For 2016, Vanderpool's net income was $1,320,000, its earnings per share was $14.00, and its annual dividend per share was $8.00 What was the per share market price of Vanderpool's stock at December 31, 2016? A. $132.80 B. $116.80 C.$165.60 D. $204.40 QUESTION 18 Beltower. Inc. has net income for 2016 of $370.000. At January 1, 2016、the company had outstanding 54,000 shares of S50 par value common stock and 10.000 shares of 6%, $100 par value cumulative preferred stock. On September 1, 2016, an additional 18,000 shares of common stock were issued. What is the earnings per share for 2016 (to the nearest cent)? A. $4.44 B. $6.17 C. $5.17 D. $4.31
Plugging in the given values, we get: Market price per share = 14.6 * $14.00 = $204.40. Therefore, the answer is D. $204.40.
For the first question, we can use the formula for price-earnings ratio: P/E ratio = Market price per share / Earnings per share. Rearranging the formula, we can solve for the market price per share: Market price per share = P/E ratio * Earnings per share.For the second question, we need to calculate the weighted average number of common shares outstanding for the year. Since the additional 18,000 shares were issued on September 1, we need to prorate the number of shares outstanding for the year. The weighted average number of common shares outstanding is: (54,000 * 12) + (18,000 * 4) = 720,000. Now we can calculate the earnings per share: EPS = (Net income - Preferred dividends) / Weighted average number of common shares outstanding. Since the preferred stock is cumulative, we need to calculate the amount of preferred dividends for the year. The preferred dividend is: 10,000 * $100 * 6% = $60,000. Therefore, the earnings available to common shareholders is: $370,000 - $60,000 = $310,000.
Now we can calculate the earnings per share: EPS = $310,000 / 720,000 = $0.431 (rounded to the nearest cent). Therefore, the answer is D. $4.31.
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Bundling strategies are discussed in The Value Frontier and Group of answer choices None of these choices for an answer is correct. Are not applicable to CapSim. Are key ingredients in the Pioneer Strategy. Will enhance Balanced Scorecard. Only ever used by Challenger firms
Bundling strategies are not applicable to CapSim, the Pioneer Strategy, the Balanced Scorecard, or Challenger firms.
Bundling strategies refer to the practice of combining multiple products or services together and offering them as a package to customers. In the context of CapSim, which is a business simulation game, bundling strategies may not be applicable or directly implemented as a specific feature or strategy within the game's framework.
CapSim focuses on various aspects of business management, such as marketing, finance, operations, and strategic decision-making. While bundling strategies can be a valuable marketing tactic in real-world business scenarios, their direct application or relevance may not be explicitly addressed or emphasized in the specific context of the CapSim simulation.
Therefore, among the given answer choices, the accurate response would be that bundling strategies are not applicable to CapSim, as they are not a specific feature or strategy emphasized within the game's framework.
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1. List The names of employees and his/her division who do not work on another division's project (hint: correlated subquery)
2. List the names of projects that Chen and Larry both works on but Larry spent more time on it.
3. List the name of divisions that has at least 2 employees spend more than 30 hours on ‘web development.
You need to use SQL queries with different techniques such as correlated subqueries, self-joins, and GROUP BY queries to filter and aggregate data from your database.
Can you modify the SQL query to include the number of projects each employee is working on in their division?General guidance on how to approach such queries.
To list the names of employees and their divisions who do not work on another division's project, you can use a correlated subquery. The subquery can find all the projects that an employee is working on, and the outer query can filter out the employees who are working on projects from other divisions. Here's an example SQL query:SELECT e.name, e.division
FROM employees e
WHERE NOT EXISTS (
SELECT *
FROM projects p
WHERE p.employee_id = e.id
AND p.division <> e.division
);
To list the names of projects that Chen and Larry both work on but Larry spent more time on it, you can use a self-join query to match the projects they work on, and then compare their time spent on each project. Here's an example SQL query:SELECT p.name
FROM projects p
JOIN projects p2 ON p2.name = p.name
WHERE p.employee_name = 'Chen'
AND p2.employee_name = 'Larry'
AND p2.time_spent > p.time_spent;
To list the names of divisions that have at least two employees spend more than 30 hours on web development, you can use a GROUP BY query to group the employees by division and project, and then filter out the divisions that don't meet the criteria. Here's an example SQL query:SELECT d.name
FROM divisions d
JOIN employees e ON e.division_id = d.id
JOIN projects p ON p.employee_id = e.id
WHERE p.name = 'web development'
GROUP BY d.name, p.name
HAVING COUNT(*) >= 2 AND SUM(p.time_spent) > 30;
You need to use SQL queries with different techniques such as correlated subqueries, self-joins, and GROUP BY queries to filter and aggregate data from your database.
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Duerr Company makes a $60,000, 60-day, 12% cash loan to Ryan Co. The note and interest to be collected at maturity is: (Use 360 days a year.)
A) $67,200. B) $60,000. C) $1,200. D) $58,800. E) $61,200.
The Duerr Company makes a $60,000, 60-day, 12% cash loan to Ryan Co. To calculate the interest and total amount to be collected at maturity, use the following formula:
Interest = Principal x Rate x Time
In this case, the principal is $60,000, the rate is 12% (0.12), and the time is 60/360 (since it's a 60-day loan and we're using a 360-day year).
Interest = $60,000 x 0.12 x (60/360) = $1,200
Now, to find the total amount to be collected at maturity, add the interest to the principal:
Total = Principal + Interest = $60,000 + $1,200 = $61,200
So, the correct answer is E) $61,200.
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The following is a partially completed performance report forSurf SideSurf Side.LOADING...(Click the icon to view the information.)Read the requirementsLOADING....REQUIREMENTS:1. How many pools didSurf SideSurf Sideoriginally think it would install in April?2. How many pools didSurf SideSurf Sideactually install in April?3. How many pools is the flexible budget based on? Why?4. What was the budgeted sales price per pool?5. What was the budgeted variable cost per pool?6. Define the flexible budget variance. What causes it?7. Define the volume variance. What causes it?8. Fill in the missing numbers in the performance report.MORE INFO:
1. Surf Side originally planned to install 50 pools in April. 2. Surf Side actually installed 45 pools in April.
General understanding of the concepts and terms mentioned in the requirements:
The original number of pools that Surf Side initially planned or expected to install in April.
The actual number of pools that Surf Side actually installed in April.
The number of pools that the flexible budget is based on. The flexible budget is designed to adjust to changes in activity levels, and the number of pools is a key factor in determining the budgeted amounts.
The budgeted sales price per pool refers to the planned or estimated price at which Surf Side intended to sell each pool.
The budgeted variable cost per pool represents the estimated cost directly associated with producing or installing each pool.
The flexible budget variance is the difference between the actual results and the flexible budget. It shows the variation in costs or revenues that can be attributed to the difference between the actual activity level and the budgeted activity level.
The volume variance reflects the difference between the flexible budget and the static budget. It indicates the variation in costs or revenues resulting from differences in activity levels.
The missing numbers in the performance report would need to be filled in with the relevant data from the partially completed report.
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Barnes and Miller Manufacturing is trying to determine the equivalent units of production for conversion costs with 10,000 units of ending work in process inventory at 80% completion and 22,000 completed units that were transferred to Finished Goods Inventory. There were no beginning units in the production department. Conversion costs are incurred evenly throughout the production process. What are the equivalent units of production for conversion costs for the current period
The equivalent units of production for conversion costs for the current period are 32,000 units.
To calculate the equivalent units of production for conversion costs, we consider the units that are partially completed.
In this case, we have 10,000 units of ending work in process inventory at 80% completion, which is equivalent to 8,000 units (10,000 units x 80%). Additionally, we have 22,000 completed units that were transferred to Finished Goods Inventory, which are fully completed and count as 22,000 units. Therefore, the total equivalent units of production for conversion costs would be 8,000 units + 22,000 units, which equals 32,000 units.
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presidents reagan reduced marginal tax rates to promote work and business risk taking. true false
True, President Reagan reduced marginal tax rates as a part of his economic policy, known as Reaganomics, in order to encourage work and business risk-taking. This approach aimed to stimulate economic growth and investment.
President Reagan implemented several economic policies during his time in office, including reducing marginal tax rates. The idea behind this was that by lowering taxes on income and profits, individuals and businesses would have more incentive to work harder and take greater risks, which would ultimately stimulate economic growth. This policy is often referred to as Reaganomics, and while it has been the subject of much debate over the years, there is no denying that it had a significant impact on the U.S. economy during Reagan's presidency. So, to answer your question, it is true that President Reagan reduced marginal tax rates in order to promote work and business risk-taking.
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A restaurant has a four course dinner meal and for each course customers have a choice of three dishes per course and must choose exactly one dish per course. What is the fewest number of customers that the restaurant must have during a single evening dinner service to ensure that 4 customers order the exact same meal, i. E. They order the same dish for each course for all four courses
To ensure that 4 customers order the exact same meal, they need to choose the same dish for each course for all four courses.
For each course, there are 3 choices of dishes. So the total number of possible meal combinations for one customer is 3 x 3 x 3 x 3 = 81.
To guarantee that at least 4 customers order the exact same meal, we need to consider the worst-case scenario where each customer chooses a unique combination of dishes. In this case, the maximum number of unique meal combinations that can be chosen is equal to the total number of customers.
So, the fewest number of customers required to ensure that 4 customers order the exact same meal is 81 + 1 = 82.
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describe the charge on the dna molecule and specify which component of the molecule is responsible for contributing to that charge
The charge on a DNA molecule is negative, and the phosphate groups within the molecule's backbone are responsible for contributing to that charge.
DNA, or deoxyribonucleic acid, is a large molecule that carries genetic information essential for the growth, development, and reproduction of living organisms. Its structure consists of two strands, forming a double helix, held together by hydrogen bonds between the nitrogenous bases. Each strand is made up of repeating units called nucleotides, which consist of a sugar, a phosphate group, and a nitrogenous base.
The backbone of a DNA strand is formed by alternating sugar and phosphate groups, connected through phosphodiester bonds. The phosphate groups within this backbone have a negative charge due to the presence of a dissociable hydrogen atom, which leaves behind an oxygen atom with an unshared pair of electrons. As a result, the DNA molecule as a whole carries a net negative charge.
This negative charge plays an essential role in the function of DNA. It allows for the formation of hydrogen bonds between complementary nitrogenous bases, contributing to the stability of the double helix structure. Furthermore, the negative charge on DNA interacts with positively charged proteins and other molecules in the cell, enabling crucial processes like DNA replication, transcription, and repair.
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FILL IN THE BLANK. The ________ rule sequences jobs in decreasing order of the ratio of the job's cost per unit of time in the system to its processing time.weighted shortest processing timefirst-come-first-servedshortest processing timelongest processing time
The weighted shortest processing time rule sequences jobs in decreasing order of the ratio of the job's cost per unit of time in the system to its processing time.
In the weighted shortest processing time rule, jobs are prioritized based on their cost-to-time ratio. This means that jobs with a higher cost per unit of time in the system and shorter processing times will be given higher priority. This rule aims to optimize the utilization of resources by minimizing the cost incurred while maximizing efficiency. By sequencing jobs in this manner, it helps to minimize overall costs and potentially improve throughput.
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how do you distinguish between the concepts of demand and supply functions in microeconomics and the concepts of ad and as functions in macroeconomics? why are they different?
In microeconomics, demand and supply functions refer to the relationship between the price of a good or service and the quantity that consumers are willing and able to buy, and the quantity that producers are willing and able to sell, respectively.
These functions are used to determine the equilibrium price and quantity of a good or service in a market. In macroeconomics, the concepts of aggregate demand (AD) and aggregate supply (AS) functions refer to the relationship between the overall level of prices and the level of output in the economy.
AD represents the total amount of spending in the economy, while AS represents the total amount of goods and services produced. These functions are used to determine the equilibrium level of output and price level in the overall economy.
The main difference between these concepts is the level of analysis. Demand and supply functions are used to analyze the behavior of individual consumers and producers in a specific market, while AD and AS functions are used to analyze the behavior of the entire economy as a whole.
Additionally, AD and AS functions take into account factors such as inflation, unemployment, and government policies, which are not typically included in demand and supply functions. Another key difference is the nature of the relationship between price and quantity.
In demand and supply functions, there is an inverse relationship between price and quantity, meaning that as price increases, quantity demanded decreases and quantity supplied increases. In AD and AS functions, there is a positive relationship between price and output, meaning that as prices increase, the level of output also increases.
In summary, while demand and supply functions in microeconomics and AD and AS functions in macroeconomics are related concepts, they differ in their level of analysis and the nature of the relationship between price and quantity or output.
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Answer the question on the basis of the following output data for a firm. Assume that the amounts of all nonlabor resources are fixed. Number of Workers 0 1 2 Units of Output 0 50 90 125 140 152 160 3 4 5 6 Diminishing marginal returns become evident with the addition of the Multiple Choice sixth worker. O fifth worker (0 O second worker. first worker.
Diminishing marginal returns become evident with the addition of the C. second worker.
When are the diminishing marginal returns noticed ?The marginal returns can be found by the formula :
= Units of output for higher worker number - Unit of output for lower worker number
Marginal returns at 1 worker :
= 50 units - 0
= 50 units
Marginal returns at 2 workers :
= 90 - 50
= 40 units
This is less than the marginal returns of 1 worker which means that diminishing returns set in at the second worker and the continued until the marginal returns approached zero.
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Consider a monopolistically competitive market with N firms. Each firm's business opportunities are described by the following equations:Demand: Q=100/N-PMarginal Revenue: MR=100/N-2QTotal cost: TC=50+Q(squared)Marginal Cost: MC=2Qa. How does N, the number of firms in the market, affect each firms demand curve? Why.b. How many units does each firm produce? (The answer to this and the next two questions depend on N.)c. What price does each firm charge?d. How much profit does each firm make?e. In the long run, how many firms will exist in this market?
(a)This reduces the demand curve slope for each firm because they must lower their prices to compete with other firms in the market.(b)Each firm is produced 100/3N units. (C)Each firm charges a price of 200/3N. (d) Each firm makes a profit of 4.71 (e) There would be 70 firms in the long run.
a. The number of firms N in the market affects each firm's demand curve by determining the overall level of competition in the market. As N increases, the market becomes more competitive, and each firm's market share decreases.
b. To determine how many units each firm produces, we can set marginal revenue equal to marginal cost, i.e., MR=MC. Using the equations given, we get:
100/N-2Q = 2Q
Solving for Q, we get:
Q = 100/3N
Each firm produces Q units, so substituting Q into the above equation, we get:
Each firm produces 100/3N units.
c. To determine the price each firm charges, we can substitute the quantity produced Q into the demand equation, which gives:
Q = 100/N - P
P = 100/N - Q
Substituting Q, we get:
P = 100/N - 100/3N = 200/3NEach firm charges a price of 200/3N.
d. To determine the profit each firm makes, we need to calculate total revenue and total cost. Total revenue is simply the price times the quantity, i.e., TR = P*Q. Total cost is given by the equation TC = 50 + Q². Substituting the values for P and Q from above, we get:
TR = (200/3N)*(100/3N) = 20000/9N²
TC = 50 + (100/3N)² = 5000/9N² + 50
Profit is given by the difference between total revenue and total cost, i.e., Profit = TR - TC. Substituting the values for TR and TC, we get:
Profit = 20000/9N² - 5000/9N² - 50 = 15000/9N² - 50
Each firm makes a profit of 15000/9N² - 50 = N² = 200/9 = 4.71
e. In the long run, new firms can enter the market if there is a positive profit, and existing firms can exit if there is a negative profit. In this case, we can calculate the break-even price, i.e., the price at which the profit is zero:
15000/9N² - 50 = 0
N = √(5000)
This gives us approximately N = 70.7. Since N must be an integer, we can conclude that there will be 70 firms in the long run.
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H. Cochran, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $2,400,000. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be worthless. The project is estimated to generate $2,530,000 in annual sales, with costs of $1,550,000. Assume the tax rate is 25 percent and the required return on the project is 10 percent. What is the project’s NPV?
To calculate the NPV of the project, we need to determine the cash flows associated with the project for each year and discount them to the present value using the required rate of return.
Year 0:
Initial fixed asset investment: -$2,400,000
Year 1 to Year 3:
Sales: $2,530,000
Costs: -$1,550,000
Depreciation: -$800,000 ($2,400,000 / 3)
Taxable income: $180,000 ($2,530,000 - $1,550,000 - $800,000)
Taxes (25%): -$45,000
Net income: $135,000
Add back depreciation: $800,000
Net cash flow: $935,000 ($135,000 + $800,000)
Using the required rate of return of 10%, we can calculate the present value factor (PVF) for each year:
Year 0: PVF = 1
Year 1: PVF = 1 / (1 + 0.10)^1 = 0.9091
Year 2: PVF = 1 / (1 + 0.10)^2 = 0.8264
Year 3: PVF = 1 / (1 + 0.10)^3 = 0.7513
The present value of the cash flows can be calculated as follows:
Year 0: -$2,400,000
Year 1: $935,000 x 0.9091 = $849,500
Year 2: $935,000 x 0.8264 = $772,196
Year 3: $935,000 x 0.7513 = $702,646
The sum of the present value of the cash flows is $19,342. Therefore, the NPV of the project is:
NPV = Sum of present value of cash flows - Initial investment
NPV = $19,342 - $2,400,000
NPV = -$2,380,658
The negative NPV indicates that the project is not financially viable and should be rejected.
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if you choose a single nucleotide at random from each of the two regions, what is the probability that they are the same nucleotide
The probability of randomly selecting the same nucleotide from two regions depends on the specific nucleotide composition of the regions.
When choosing a nucleotide from each region independently and with equal probability from the set {A, T, C, G}, the probability of selecting the same nucleotide from both regions is 1 out of 16 possible combinations.
In other words, the probability of selecting the same nucleotide is approximately **6.25%** or **1/16**.
Please note that the actual probability may vary depending on the nucleotide composition of the regions being considered.
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how effective is it to focus on your assigned work? (0 hours)
Focusing on your assigned work is incredibly effective in achieving your goals and getting things done.
When you concentrate on a task, you are giving it your full attention and energy, which means you can complete it more efficiently and with better quality. By staying focused, you also avoid distractions that can sidetrack you from your work and waste your time. This means that you are able to get more done in less time, which can increase your productivity and job satisfaction.
However, focusing on your work can be challenging, especially with the many distractions that surround us every day. To be effective, you need to create an environment that supports your concentration, such as turning off your phone notifications or finding a quiet workspace. You can also use techniques like time blocking or the Pomodoro method to help you stay on task and limit interruptions.
In short, focusing on your assigned work is highly effective in getting things done and achieving your goals. By eliminating distractions and creating a productive environment, you can work more efficiently and achieve greater success in your job or career.
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Why would a company want to hire a member of its external audit team?
There are several reasons why a company would want to hire a member of its external audit team. Firstly, external auditors are professionals who have experience and expertise in auditing and financial reporting.
By hiring a member of their team, the company can leverage their knowledge and skills to improve their own internal audit processes and financial reporting practices. Secondly, external auditors can bring a fresh perspective to the company's operations and help identify areas of improvement. They can also help the company comply with regulations and industry standards, ensuring that they are operating within legal and ethical boundaries.
Thirdly, hiring a member of the external audit team can help build a stronger relationship between the company and the audit firm. This can lead to better communication and cooperation in future audits, which can ultimately benefit the company in terms of cost savings and improved audit outcomes.
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FILL IN THE BLANK. In the early years of the mortgage, your payments are mostly ________, while in the last years they are mostly _________.interest; insuranceprincipal; interestprincipal; taxesinterest; principal
In the early years of a mortgage, payments are mostly allocated towards interest, while in the later years, they are mostly allocated towards the principal.
A mortgage is a type of loan used to purchase a property that is repaid through monthly payments over a set period, typically 15 or 30 years. These payments consist of both the principal amount borrowed and the interest charged for borrowing the money. The proportion of each component in every payment changes over time according to an amortization schedule.
At the beginning of the mortgage term, a larger portion of the payment goes towards interest, as the outstanding principal balance is higher. As payments are made, the principal balance decreases, and as a result, the interest portion of each payment becomes smaller. Toward the end of the mortgage term, the principal portion of the payment becomes larger since most of the interest has already been paid off.
This process of amortization guarantees that the loan will be fully repaid by the end of the mortgage term. Therefore, as time passes, there will be a gradual shift in the payment allocation, with mortgage payments primarily allocated to interest in the early years and to the principal in the later years.
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After several months, LRC's supervisor is arrested for stealing nearly $10,000 from the company.
Identify the internal control weakness that allowed this theft to occur.
The internal control weakness that allowed the theft to occur was option A: the accounting system was not adequate to detect the fraud.
In order to prevent future incidents like this, LRC should implement stronger internal controls such as establishing segregation of duties, where different employees are responsible for different parts of the cash handling process. For example, one employee could be responsible for collecting the cash, another employee could be responsible for preparing the cash count sheet, and a third employee could be responsible for depositing the cash in the bank. This would create a system of checks and balances and reduce the risk of fraud.
In addition, LRC should consider implementing a system of regular audits and reviews of financial records to detect any irregularities or suspicious activities. This could include conducting surprise cash counts, comparing financial records to bank statements, and monitoring employee behavior for signs of financial stress or lavish spending.
Overall, it is essential for companies to prioritize strong internal controls to prevent fraud and protect their financial assets. By implementing these measures, LRC can ensure that their financial processes are secure and reliable, and avoid future incidents of theft or fraud. Therefore, the correct option is A.
The question was incomplete, Find the full content below:
After several months, LRC’s supervisor is arrested for stealing nearly $10,000 from the company.
Identify the internal control weakness that allowed this theft to occur. A. The accounting system was not adequate to detect the fraud.
A. The accounting system was not adequate to detect the fraud.
B. The cash collection clerks should have been at least four in number, one for each area-east, west, north, south.
C. The cash collection clerks should have been made responsible for depositing the cash in the bank.
D. The supervisor was responsible for handling the cash, preparing the cash count sheet, and depositing cash in the bank.
E, The supervisor was not professionally qualified to account for the cash.
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A stock with a current market price of $50 and a strike price of $45 has an associated call option priced at $6.50. This call has an intrinsic value of _ and a time value of Multiple Choice Ο $5; $1.50 Ο $1.50; $5 Ο $0; $6.50 Ο $6.50; $Ο
A stock with a current market price of $50 and a strike price of $45 has an associated call option priced at $6.50. This call has an intrinsic value of $5 and a time value of $1.50.
The intrinsic value of a call option is the difference between the current market price of the underlying asset and the strike price of the option. In this case, the intrinsic value of the call option is $50 - $45 = $5. The time value of a call option is the difference between the total price of the option and its intrinsic value. In this case, the total price of the call option is $6.50, and its intrinsic value is $5. Therefore, the time value of the call option is $6.50 - $5 = $1.50.
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account title debit credit cost of goods sold 6,000 merchandise inventory 6,000 what is the effect of this entry on the company’s financial statements?
Inventory decreases by $6,000, and cost of goods sold increases by $6,000.
What is the journal entry?The effect of this entry on the company's financial statements would be a decrease in the balance of the merchandise inventory account by $6,000 and an increase in the cost of goods sold account by $6,000.
This entry represents the cost of the merchandise that was sold during the period, which is recognized as an expense in the income statement. The cost of goods sold is subtracted from the revenue earned from the sale of merchandise to determine the gross profit of the company.
On the other hand, the decrease in the balance of the merchandise inventory account represents the cost of goods that were sold during the period and is reported as a current asset on the company's balance sheet.
Therefore, this entry would have the following effects on the financial statements:
Income statement:An increase in the cost of goods sold account by $6,000, which would decrease the gross profit of the company.
Balance sheet:A decrease in the merchandise inventory account by $6,000, which would decrease the current assets of the company.
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T/F practice question: if a multinational project is assessed from the subsidiary's perspective, withholding taxes are ignored for project assessment.
The statement if a multinational project is assessed from the subsidiary's perspective, withholding taxes are ignored for project assessmen is false. Withholding taxes should not be ignored when assessing a multinational project from the subsidiary's perspective.
Withholding taxes are taxes that are deducted at the source of income before it is paid to the recipient. This means that the subsidiary may be subject to withholding taxes when they receive payment from other countries involved in the project. Ignoring withholding taxes can lead to inaccurate financial projections, resulting in overestimation of the project's profitability.
Furthermore, ignoring withholding taxes can also lead to compliance issues and legal consequences. Failure to comply with withholding tax regulations can result in penalties and legal action, which can negatively impact the project's financial success.
Therefore, it is crucial to take into account all applicable taxes, including withholding taxes, when assessing the financial viability of a multinational project from the subsidiary's perspective.
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In each of the following cases, find the unknown variable. Input area: Accounting break-even 143,286 104,300 24,640 Unit price $39 ? $92 Unit variable cost $30 $27 ? Fixed costs $820,000 $2,320,000 $237,000 Depreciation ? $975,000 $128,700 (Use cells A6 to E9 from the given information to complete this question.) Output area: Depreciation Unit price Unit variable cost
The amount of depreciation is $125,000.
The accounting break-even point is the level of sales at which total revenues equal total costs. It can be calculated using the following formula:
Accounting Break-Even = (Fixed Costs + Depreciation) / (Unit Price - Unit Variable Cost)
We are given the accounting break-even point of 25,000, the unit price of $24, and the unit variable cost of $10. We also know that the fixed costs are $225,000. Substituting these values into the formula, we get:
25,000 = (225,000 + Depreciation) / (24 - 10)
Simplifying the right-hand side of the equation, we get:
25,000 = (225,000 + Depreciation) / 14
Multiplying both sides by 14, we get:
350,000 = 225,000 + Depreciation
Subtracting 225,000 from both sides, we get:
Depreciation = 125,000
This means that $125,000 of the fixed costs are attributed to depreciation expenses.
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Complete Question:
In each of the following cases, find the unknown variable. Ignore taxes. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)
a. Accounting Break-Even 25,000
Unit Price $24
Unit Variable Cost $10
Fixed Costs $225,000
Depreciation $?
question content area if the cost of an item of inventory is $54 and the current replacement cost is $67, the amount included in inventory according to the lower of cost or market is
Since the original cost is lower than the replacement cost, the inventory should be valued at $54 according to the lower of cost or market rule.
Based on the terms provided, I'll answer your question:
When determining the value of inventory, the lower of cost or market (LCM) rule is applied.
This rule states that inventory should be valued at the lesser of its original cost or current market replacement cost.
In this scenario, the original cost of the item is $54 and the current replacement cost is $67.
Applying the LCM rule, we compare the original cost ($54) and the replacement cost ($67).
Since the original cost is lower than the replacement cost, the inventory should be valued at $54 according to the lower of cost or market rule.
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