Answer:
Bulk
Explanation:
Trade discount is the reduction in the retail price of products that arises from bulk sales or purchases.
Primo Corporation acquired 60 percent of Secondo Corporation’s voting common stock. On the date of acquisition, Primo had equipment with a book value of $50,000 and a fair value of $150,000. Secondo’s buildings and equipment had a book value of $200,000 and a fair value of $200,000 at the time of the acquisition. What will be the amount at which buildings and equipment will be reported in consolidated statements immediately following the acquisition?
A) $150,000
B) $200,000
C) $230,000
D) $250,000
Answer: $250,000
Explanation:
The amount at which buildings and equipment will be reported in consolidated statements immediately following the acquisition will be the value of the book value of Primo's equipment which is $50,000 plus Secondo’s book value of its buildings and equipment which is $200,000.
Therefore, the answer will be:
= $50,000 + $200,000
= $250,000
What is a factor that increases the volatility of demand in industrial markets? Multiple Choice Professional buyers in the industrial market tend to make independent purchase decisions. Derived demand accelerates changes in markets. Small, noncyclical swings in supply are inherent in industrial markets. The ratio of input to output is high for industrial goods. The demand for industrial goods is inelastic.
Answer:
Derived demand accelerates changes in markets.
Explanation:
Derived demand can be defined as the way in which the demand for a good or service tend to result from the demand for the related good or service and this occured when their is the demand for either good that are tangible or intangible goods where a market exists for both related goods and services.
In another word Derived demand occured in a situation where the demand for one good or service happens because of the want for another good or service Example is increase in the need for Shoes material or equipment because of the increase in the need for Shoes
because the factor of production by a company is dependent on the demand by consumers for the product produced by that company which is why the transition to become demand-driven is slowly occurring in many industries.
Hence, The factor that increases the volatility of demand in industrial markets is "Derived demand accelerates changes in markets"
Which of the following statements is FALSE? A. Rent controls are examples of price floors. B. Price controls may take the form of price ceilings or price floors. C. Price ceilings below the equilibrium price can cause black markets to develop. D. The rationing function of prices is not allowed to freely operate when the government imposes price controls.
Answer:
A. Rent controls are examples of price floors.
Explanation:
Price floors are kind of like the lowest price that one can legally pay for some service whereas Price control prevent prices from going above a certain maximum point. Rent controls are often called price ceilings and part of Price control
If the price of money (e.g., interest rates and equity capital costs) increases due to an increase in anticipated inflation, the risk-free rate will also increase. If there is no change in investors' risk aversion, then the market risk premium (rM - rRF) will remain constant. Also, if there is no change in stocks' betas, then the required rate of return on each stock as measured by the CAPM will increase by the same amount as the increase in expected inflation.
a) true
b) false
When output is 20, fixed costs are $100 and variable costs are $400. When output rises to 21, fixed costs are $100 and variable costs are $450. This implies that the marginal cost of the last unit of output equals:
Answer:
The marginal cost of last unit is 50 dollars
Explanation:
Given output = 20
Fixed cost = $100
Variable costs = $400
Now find the total cost (TC) of production when the output is 20. So TC = fixed costs + variable costs.
Total cost at 20 units = 100 + 400 = 500
Now output rises to 21 units with fixed cost $100 and variable cost $450.
Now total cost at 21 units = fixed costs + variable costs.
= 100 + 450 = 550.
Now find the marginal cost of last units.
The marginal cost of lat unit = total cost of 21 units – the total cost of 20 units.
= 550-500
= $50
A and B formed a partnership, each contributing non-cash assets into the partnership. Partner A contributed inventory with a current market value in excess of its carrying amount. Partner B contributed fixed asset with a carrying amount in excess of its current market value. At what amount should the partnership record each of the assets contributed?
Answer:
A and B both are responsible for this result
Each partner has a separate withdrawal account as well as a separate capital account for investments and their respective shares of net income or loss. Hence option A and B is correct .
What are the partnership Account ?To keep track of the money taken out of the company for personal purposes, a withdrawal account is employed. During the closing procedure, the net gain or loss is added to the capital accounts. During the closing process, the withdrawal account is likewise closed to the capital account.
The partnership determines the net realisable or fair market value of the assets when a partnership is created or a partner is added and contributes assets other than cash.
For instance, the partnership assesses the collectability of the accounts receivable if the Walking Partners company adds a partner who provides equipment and accounts receivable from an already existing business.at their net realisable worth, and records them.
Since the partnership would create its own reserve account, an existing valuation reserve account (often known as an allowance for questionable accounts) would not be transferred to the partnership.
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Under what circumstance would a country have a comparative advantage in
the production of a certain good?
A. It has a lower opportunity cost for production of that good.
B. It has a more highly skilled work force.
C. It has well-developed industrial capacities.
D. It uses an assembly line to produce that good.
Ap3x
Answer: [A] It has a lower opportunity cost for production of that good.
Explanation: It has a lower opportunity cost for production of that good. Comparative advantage comes when a country gives up less than others to engage in a particular type of production.
Answer:
It has a lower opportunity cost for production of that good.
Explanation:
Jones Design wishes to estimate the value of its outstanding preferred stock. The preferred issue has an $80 par value and pays an annual dividend of $6.40 per share. Similar-risk preferred stocks are currently earning a 9.3% annual rate of return. a. What is the market value of the outstanding preferred stock? b. If an investor purchases the preferred stock at the value calculated in part a, how much does she gain or lose per share if she sells the stock when the required return on similar-risk preferred stocks has risen to 10.5%? Explain.
Answer:
a. What is the market value of the outstanding preferred stock?
the market value of the preferred stock = preferred stock dividend / market rate = $6.40 / 9.3% = $68.82
b. If an investor purchases the preferred stock at the value calculated in part a, how much does she gain or lose per share if she sells the stock when the required return on similar-risk preferred stocks has risen to 10.5%?
if an investor purchases the preferred stock at $68.82, but then the market rate increases, the price of the preferred stock will decrease to $6.40 / 10.5% = $60.95 per preferred stock. This means that the investor will lose $68.82 - $60.95 = $7.87 per preferred stock.
Riku Company manufactures two products. The budgeted per-unit contribution margin for each product follows: Super Supreme Sales price $ 68 $ 94 Variable cost per unit (38 ) (44 ) Contribution margin per unit $ 30 $ 50 Riku expects to incur annual fixed costs of $540,000. The relative sales mix of the products is 70 percent for Super and 30 percent for Supreme. Required Determine the total number of products (units of Super and Supreme combined) Riku must sell to break even. How many units each of Super and Supreme must Riku sell to break even?
Answer:
Super= 10,500
Supreme= 4,500
Explanation:
Giving the following information:
Spuer:
Contribution margin= $30
Sales proportion= 0.70
Supreme:
Contribution margin= $50
Sales proportion= 0.30
Fixed costs= $540,000
First, we need to calculate the break-even point in units for the whole company:
Break-even point (units)= Total fixed costs / Weighted average contribution margin
Break-even point (units)= 540,000 / (0.7*30 + 0.3*50)
Break-even point (units)= 15,000 units
Now, for each product:
Super= 15,000*0.7= 10,500
Supreme= 15,000*0.3= 4,500
A debenture is: Group of answer choices A bond that is contractually tied to certain assets in the firm. A bond contract – the legal document that outlines the bond’s provisions. An unsecured bond - not legally tied to any of the firm’s assets. A bond that allows conversion to shares of the firm’s common stock. A provision that allows firms to retire debt. Next
Answer:
The answer is C. An unsecured bond - not legally tied to any of the firm’s assets
Explanation:
Debenture is an unsecured bond(long-term debt). It is not backed by any collateral but backed only by the creditworthiness(credit rating) and reputation of the issuer.
For issuing firm, debentures gives the benefit of not collecting collaterals.
For bondholders(creditors of the company), debentures are risky because it is not a secured bond, credit risk of the issuer is of great concern. Since it is unsecured, its yield is usually higher than secured bonds.
A seller has entered into an agency agreement with a broker where the seller retains the right to sell the property to a buyer without paying the broker a commission. What type of agency agreement is
Answer:
Exclusive agency right to sell listing
Explanation:
Under an exclusive agency right to sell listing, the agent is entitled to receive a commission regardless of whether they directly participated or not in the sales process unless the sale was made by the seller without any intervention from the agent. This type of agreement can also include other exceptions of who can sell the property without the intervention of the agent and not pay the agent for it, e.g. a seller can also include his/her son as an exception to the contract and if the son sells the property by himself, the agent will not get a commission.
When a production possibilities frontier is bowed out it shows... Group of answer choices that there is no transaction cost going from one good to the next. an example of increasing opportunity cost. that resources are perfectly shiftable from the production of one good to another. All of these answers are correct.
Answer:
that resources are perfectly shiftable from the production of one good to another.
Explanation:
Production possibilities frontier defines that is a graph showing all the different production combinations of two products which can be manufactured using present resources and technology. The production possibilities frontier incorporates scarcity, option and trade-off principles.
In other term Production possibilities frontier Indicates the cumulative production mixture of different products or services that an economy can achieve by making optimal use of all available resources.
Tyson is a 25 percent partner in the KT Partnership. On January 1, KT makes a proportionate, liquidating distribution of $16,000 cash and land with a $16,000 fair value (inside basis $8,000) to Tyson. KT has no liabilities at the date of the distribution. Tyson's basis in his KT Partnership interest is $20,000. What is the amount and character of Tyson's gain or loss from the distribution
Answer:
GAINED 4000
Explanation:
HE NEVER LOSE IT MIKE TYSON MOTHER TRUCKER THEY BANN BAD WORDS
n important consideration in the selection of a strategy is the ability of each alternative to satisfy agreed-upon objectives with the least resources and the fewest negatives. The competitive advantages developed earlier using ________ is an excellent place to start. factors to ensure profitable return on investment the VRIO framework industry research the analysis of the competitive environment the analysis of governmental regulations and requirements
Answer: the VRIO framework
Explanation:
VRIO is an acronym that stands for for value, rarity, imitability, and organization. The four framework are used to determine and know whether a company has competitive advantage over its competitors
It should be noted that the VRIO framework is an internal tool used by organizations.
Kacey grew up sailing and still loves it today. After securing a great job after graduation, he started saving for his own sailboat. He had his eye on one in particular and had saved about half what he needed when his company transferred him to Phoenix, which didn't have the same recreation options. Which of the following best describes Kacey?
a. Kacey is both in the market and the target market for the sailboat.
b. Kacey is not in the market for the sailboat yet.
c. Kacey was in the market for the sailboat prior to his move to Phoenix.
d. Kacey is in the market for this sailboat but not the target market
Answer:
b.
Explanation:
Based on the scenario at hand and the different options listed it can be said that the one that best describes Kacey is that Kacey is not in the market for the sailboat yet. That is because even though Kacey loves sailing, where she currently lives (Phoenix) does not have places to sail. Also, she does not even have the money to buy a sailboat yet and therefore is not in the market to buy one at the current moment in her life.
Which depict a negative externality? (Select all that apply)
A. There was an expansion of an airport, which caused greater levels of noise pollution
B.There was an expansion of an airport, which increased revenue for local restaurants.
C. There was an expansion of an airport, which decreased property values of nearby homes.
D. There was an expansion of an airport, which reduced unemployment in the surrounding area.
Answer:
The corrects answers for this would be A and C.
Explanation:
As you can see, for both a and c, those are the only two answers that have a negative outcome, hence the negative externality.
The program that sought to streamline production and boost profits by systematically controlling costs and work practices was called Group of answer choices the school of freedom. Fordism. scientific management. the assembly line.
Answer:
The program that sought to streamline production and boost profits by systematically controlling costs and work practices was called scientific management.
Explanation:
Scientific management is the term for a method of planning production developed during industrialization. It states that industrial products must be characterized by scientifically designed methods, and that all thought work is moved from the workshop floor to various planning departments. According to Frederick Taylor (the creator of this system), the best management is one that is based on the right science, otherwise production can become inefficient, which in turn leads to financial loss. The main goal of management in companies is to ensure optimal prosperity for both employer and employee. The streamlining of mass production in the 20th century, such as assembly line production in industry, was strongly influenced by Taylor's thinking.
PLEASE ANSWER ASAP! Which of the following statements are true about brokerage firms? (Select all that apply.)
a. Full-service brokers do not provide any investment advices to their clients
b. Most people hire money managers as they provide the best services
c. Typically brokerage firms charge customers a commission, a fee for carrying out transactions.
d. All types of brokerage firms charge the same amount of fee per transaction
e. Discount brokers offer a reduced level of service, lower costs, and often the ability to make your trades yourself online.
Answer:
C and E.
Explanation:
Brokerage Firms are those firms that acts an a middlemen between the buyer and a seller to expedite a transaction. It is a financial institutions that ease the buying and selling of securities. These companies also charge a amount of fee or compensation on the completion of transactions. A brokerage firm is also known as brokerage company or brokerage.
There are three types of brokerage firms. They are:
Full-service brokerageDiscount brokerageRobo-advisors.The discount brokerage provides less comprehensive services than the traditional one or the full-service brokerage. These services are provided via online as well by discount brokerage.
So, from the given options the correct options are C and E.
Economists are: Select one: a. concerned with developing theories and interested in solving problems. b. interested in solving problems but not concerned with developing theories. c. reluctant to predict changes in variables such as prices, employment, and spending. d. always in agreement on the best way to implement policy decisions.
Answer:
a. concerned with developing theories and interested in solving problems.
Explanation:
The term economists refer to the person who studies, theorizes, analyzes, and develops concepts in the discipline of economics. Economists have the excellence and work in the field of academia, in the government sector and private sectors. They are experts whose opinions and researches help in the building up of the policies related to the economic terms of the market. They theorize the concepts and researchers on the market trends to help in the growth of the economy respectively.
A production function describes a. how a firm maximizes profits. b. how a firm turns inputs into output. c. the minimal cost of producing a given level of output. d. the relationship between cost and output.
Answer:
d. the relationship between cost and output.
Explanation:
Production function describes how the output of a production function relates to differing levels of input factors such as labor , technology and machine.
The higher the input factors, the higher the physical output whereas, the lower the inputs, the lower the physical outputs of production.
Assume the perspective of a consumer who only drinks coffee with milk added. (That is, coffee and milk are complements.) Holding other things constant, if the market price of coffee decreases, then the equilibrium price for milk will eventually rise. Describe the sequence of shifts to supply and/or demand curves and the corresponding changes in equilibrium prices and quantities that justify your answer.
Answer:
complement goods are goods that are consumed together. if the price of coffee falls, the quantity for demanded of coffee would rise. this is in line with the law of demand which says that the higher the price, the lower the quantity demanded and the lower the price the higher the quantity demanded. if the quantity demanded of coffee increases, the quantity demanded of milk would rise also. this would lead to an increase in equilibrium quantity of milk. the demand curve of milk will shift to the right while the supply curve would remain unchanged. this would lead to the demand outstripping the supply. when demand outstrips supply, equilibrium price would rise.
so an increase in the price of coffee would increase the equilibrium price and quantity of milk
Explanation:
Which of the following is an example of price discrimination? a. An online bookstore charges more for overnight shipping than standard shipping when customers buy books from it. b. Airline tickets are more expensive for first-class seats than for coach. c. Hotel rates for AAA members are lower than for nonmembers. d. All of the above are correct.
Answer:
c) Hotel rates for AAA members are lower than for nonmembers.
Explanation:
In business, the term price discrimination refers to the strategy by which the seller charges a different price for the SAME product because the seller knows that the client will pay that price. The key word of this definition is that the seller is offering the same service/product but at different costs
If we take a look at our options we can see that a) offers a different service (one is overnight shipping and the other is standard), b) also offers a different product (first-class seats vs. coach), finally, c) offers the same product (the same hotel rooms) but non members pay more for the rooms than AAA members.
Thus, the correct answer is c) Hotel rates for AAA members are lower than for nonmembers.
Accounting information is considered to be relevant when it Group of answer choices can be depended on to represent the economic conditions and events that it is intended to represent. is capable of making a difference in a decision. is understandable by reasonably informed users of accounting information. is verifiable and neutral.
Answer:
The correct answer is: is capable of making a difference in a decision.
Explanation:
Accounting information is extremely relevant in a company, as it directly assists in the decision-making process.
This information is essential to assist a manager to make good decisions, as they provide fundamental data about the financial status of a company, which makes the decision-making process to be taken following a real basis for the company's own performance, influencing the manager's posture to make a more offensive or defensive decision, in addition to becoming an essential managerial tool for the control of activities and the efficient use of organizational resources.
Suppose Cardullo’s gift cards expire after one year. A customer had a gift card for $100, of which he used $75 to purchase gourmet cheeses. At the end of the year, the card expires with $25 unredeemed. How do you think Cardullo’s should account for the unredeemed amount?
Answer:
Cardullo
Unredeemed Gift Card amount:
The $25 of the unredeemed gift card should be credited to Revenue Account and debited to the Deferred Revenue Account as expired gift card.
Explanation:
Gift cards establish some form of deferred revenue or gift card liability which the Cardullo must settle with the exchange of goods or services in the future. However, if a customer is unable to redeem his gift card balance of $25 because of expiration, the revenue due on the expired portion, Cardullo must then credit the $25 to the Revenue account and debit the Deferred Revenue or Gift Card Liability account to close this unredeemed portion.
Morrison Foods has decided to introduce a new line of turkey products to the American consumer. Turkey steaks resemble beefsteak in taste and are leaner and healthier for a variety of reasons. However, the company is concerned that the product will not be accepted in America. If Morrison Foods follows a strategy of ________, they are more likely to have a successful introduction of the new product.
Answer:
Cultural congruence
Explanation:
Cultural congruence refers to the process that leads towards an efficient interaction between the producers and the consumers. This process is modeled upon the phenomena of evolving and growing cultural significance. The amalgamation and interaction between the provider and the consumers lead to the quality of the service provided.
The given excerpt brings towards the use of the strategy of cultural congruence. The company Morrison Foods took the step of introducing Turkey products to American consumers. Improving the quality of the product and the mode of communication and care may help the company establish a good relation and customers in America.
A competitive firm sells its output for $60 per unit. Assume that labor is the only input that varies for the firm. The marginal product of the 10th worker is 20 units of output per day; the marginal product of the 11th worker is 16 units of output per day. The firm pays its workers a wage of $150 per day. For the 11th worker, the value of the marginal product of labor is
Answer:
$600
Explanation:
The computation of the value of the marginal product of labor is shown below:-
Value of marginal product of labor (MRPL) of the 10th worker = MRP Price = Maximum retailing price
= 10 × $60
= $600
Therefore for computing the marginal product of labor we simply applied the above formula and we ignore all other values as they are not relevant.
Morgan and Dana are partners. The partnership capital for Morgan is $50,000 and for Dana is $60,000. Townsend is admitted as a new partner by investing $40,000 cash. Townsend is given a 25% interest in return for her investment. The amount of the bonus to the old partners is
Answer:
$2,500
Explanation:
Given the following:
Old partners :
Morgan's partnership capital = $50,000
Dana's partnership capital = $60,000
New partner :
Townsend's partnership capital = $40,000
Total partnership capital :
Old partner + new partner
$(50,000+60,000+40,000) = $150,000
Townsend's investment return :
25% of total partnership investment
0.25 × $150,000 = $37,500
Bonus to old old partners:
Townsend's investment capital - Townsend's return
$(40,000 - 37,500) = $2,500
Bonus to old partners = $2,500
Indicate whether each of the following is counted in the United States Gross Domestic Product for the year 2008. Explain your answers. a. The value of a textbook sold through an online auction in 2008. b. Rent paid in 2008 by residents in an apartment building built in 2000. c. Commissions earned by a stockbroker in 2008. d. The value of automobiles produced in 2008 entirely in South Korea by a firm fully owned by United States citizens. e. The federal government opens a new military base in Iraq with 1000 U.S. personnel.
Answer:
Option A, B and C will be included in the consumption
Option D is excluded from GDP computation.
Option E is included in the Government spending.
Explanation:
Option A, B and C will be included in the consumption because all of the in-home purchases are considered as consumption which in this case is included as rental payments, textbook sold and commissions earnings for the year.
The investments in the foreign countries of US citizen are considered as imports in the year when they are made. However, the foreign assets of US citizens are not included in the GDP computation. Hence Option D is excluded from GDP computation.
The opening of military base required investment from the US federal government which is for the defense budget. This government spending of money will be included in the government spending. Hence Option E is included in the GDP computation.
explain about buisness
Answer:
did I help comment pls
Explanation:
people have work for money to live for. a business is a work place or something set up by someone to earn money and to sell important products and has more than one set place for where you can sell or if you are a customer buy
e.g. Tesco
Tesco is a business because it has more than one set places and its purpose is to sell customers what they want and is also a delivery service so is people cant drive there is home service...
Answer:
no
Explanation:
The flatter the demand curve through a given point, the a. closer the price elasticity of demand will be to the slope of the curve. b. greater the absolute value of the change in total revenue when there is a movement from that point upward and to the left along the demand curve. c. greater the price elasticity of demand at that point. d. smaller the price elasticity of demand at that point.
The flatter the demand curve through a given point, the: c. greater the price elasticity of demand at that point.
Demand can be defined as the quantity of goods and services that a consumer is willing and able to pay for at a particular period of time.
This ultimately implies that, demand is the desire and ability of consumers to purchase goods and services at a certain price and a given period of time.
A demand curve is a graphical tool that gives the relationship between the quantity of goods and services demanded and the price at which they are sold.
A price elasticity of demand refers to a measure of the responsiveness of the quantity of a good (product) or service that a consumer demands with respect to a change in price of the product, all things being equal.
Basically, the flatter the demand curve through a given point, the greater the price elasticity of demand at that point and the less elastic demand curve.
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