Answer:
The reporting difference is not an ethical breach of confidence between the consumer and the industry.
Explanation:
The information being presented is not confidential information. As a result, there is no ethical breach of confidence. Usually, such a lawsuit for breach of confidence is an action originating in common law concerning information between the airline and the consumers, when one of these parties decides to use the available confidential information for an unfair gain or advantage. This is not the case here between the airlines and the consumers of its services. Therefore, the case for breach of confidence should deal with the restriction of the dissemination of commercially viable information.
The regular pattern of collection of credit sales is 30% in the month of sale, 60% in the month following the month of sale, and the remainder in the second month following the month of sale. There are no bad debts. The budgeted accounts receivable balance on May 31 would be:
Answer:
$242,000
Explanation:
Calculation for what The budgeted accounts receivable balance on May 31 would be
Accounts Receivable
Debit side
April 320,000
May 300,000
Total $620,000
Credit side
April 96,000 (30% x 320,000)
April 192,000 (60% x 320,000)
May 90,000 (30% x 300,000)
Total=$378,000
The budgeted accounts receivable balance=$620,000-$378,000
The budgeted accounts receivable balance=$242,000
Therefore The budgeted accounts receivable balance on May 31 would be $242,000
The median price of existing homes: ___________
a. has increased over the past 30 years, thereby acting as a hedge against inflation.
b. has risen less than the Consumer Price Index.
c. always increases in value.
d. tends to be countercyclical, thereby acting as a hedge against the business cycle.
e. remains constant over time.
Answer:
C
Explanation:
The median price of existing homes always increases in value. This is so because as the year goes on, there is an ever increasing need for shelter. Because of the fact that people procreate and more people are living, there is the certain need, or say, demand for shelter. And as a result of this, there doesn't seem to be a decline in the demand, and most likely wouldn't be anytime soon either.
The price of Good B increases by 4%, causing the quantity demanded of Good A to decrease by 6%. The cross-price elasticity of demand is ________, and the goods are ________.
Answer:
The answer is -1.5 and complementary goods
Explanation:
Cross price elasticity is the percentage decrease in quantity demanded divided percentage increase in price.
= -6/4
= - 1.5.
Because the sign is negative, the goods are complements. Complementary goods are directly related. As in they move in the same direction.
For example, car and fuel are complements. The increase in quantity demanded for car will increase the quantity demanded for fuel. Or if the price of car goes up, all things being equal, the quantity demanded of car will reduce and for fuel too.
Lucy's Music Emporium opened its doors on January 1, 2015, and it was granted permission to use the same depreciation calculations for shareholder reporting and income tax purposes. The company planned to depreciate its fixed assets over 20 years, but in December 2015 management realized that the assets would last for only 15 years. The firm's accountants plan to report the 2015 financial statements based on this new information. How would the new depreciation assumption affect the company's financial statements? a. The firm's reported 2015 earnings per share would increase. b. The firm's EBIT would increase. c. The firm's net liabilities would increase. d. The firm's reported net fixed assets would increase.
Answer:
The firm's cash position in 2015 and 2016 would increase.
Explanation:
In the case when the life of an asset would decrease that represents the depreciation would rise and if the depreciation rise so the EBIT and EPS would reduced and in the case when the EBIT reduced, so automatically the tax expense is also reduce
So, the cash position of the firm woud increase
Hence, the above represents the answer
Consider the exchange rate between Lebanon and Canada. Typically, exchange rates vary over time, sometimes quite dramatically. The scenarios present various changes that may affect the exchange rate. Identify whether each scenario will tend to cause an appreciation, depreciation, or have no effect on the exchange rate of Lebanese pounds relative to Canadian dollars. The magazine The Economist publishes an article indicating that analysts expect the value of Canadian dollars to rise relative to Lebanese pounds. The central bank in Lebanon announces that it is going to raise interest rates on government bonds. Based on a World Bank report, the inflation rate in Lebanon is going to be 5% next year, whereas the inflation rate in Canada is going to be 9.5% . The price of a specific basket of goods in Lebanon is roughly 1.3 times higher than the price of an identical basket of goods in Canada even after adjusting for the exchange rate.
Answer and Explanation:
1. The magazine The Economist publishes an article indicating that analysts expect the value of Canadian dollars to rise relative to Lebanese pounds: if the expectation from analysts is that the value of Canadian dollars will rise relative to Lebanese pounds then the demand for Canadiam dollars will increase therefore increasing the value/appreciate relative to Lebanese pounds.
2. The central bank in Lebanon announces that it is going to raise interest rates on government bonds: This will bring about appreciation in Lebanese pounds relative to Canadian dollars since increase in interest rate in bonds increases investment in government bonds in Lebanese pounds.
3. Based on a World Bank report, the inflation rate in Lebanon is going to be 5% next year, whereas the inflation rate in Canada is going to be 9.5%: A high inflation rate is a negative for the economy. Since inflation rate increases for both economies, there is likely to be a counter effect hence no effect on exchange rates.
4. The price of a specific basket of goods in Lebanon is roughly 1.3 times higher than the price of an identical basket of goods in Canada even after adjusting for the exchange rate: if this basket of goods is used in calculation of consumer price index(CPI) which is representative of the rate of inflation in the economy, then Lebanese pounds will depreciate relative to Canadian dollars since inflation rate has increased relative to the Canadian economy.
Pfizer Inc., a pharmaceutical company, reported Net income for fiscal 2007 of $8,144 million, Retained earnings at the start of the year of $49,669 million and dividends of $8,153 million. If there were no other transactions during the year that affected retained earnings, what was the balance of retained earnings at the end of the year
Answer:
$49,660 million
Explanation:
The computation of retained earnings at the end of the year is shown below;
= Beginning retained earnings + Net income - Dividends
Given that;
Beginning retained earnings = $49,669 million
Net income = $8,144million
Dividend = $8,153
Balance of retained earnings at the end of the year
= $49,669 + $8,144 - $8,153
= $49,660 million
Depreciation--Jerry Company purchased machinery for $315,000 on May 1,2020 . It is estimated that it will have an useful life of 5 years, and a salvage value of $15,000. the machine is expected to last 100,000 hours. The machine was used for 25,000 hours the first year. What is the depreciation for the first year assuming working hours method (activity method) is expected to be used
Answer:
The depreciation for the first year is $75,000
Explanation:
In working hours method the depreciation on a fixed asset is charged using the ratio of numbers of hours utilized by the asset in a period and lifetime working capacity in hours.
First, we need to calculate the Depreciable value
Depreciable value = Cost of Asset - Salvage value = $315,000 - $15,000 = $300,000
Depreciation = Depreciable value x Numbers of hours worked / Total working capacity of Asset = $300,000 x 25,000 / 100,000 = $75,000
Write an equation to solve and find the answer to the following rate problem. Show all of your work. A gardening store sells 6 plants per hour. How many plants they will sell in 5 hours?
Answer:
30 plants
Explanation:
The store sells six plants per hour; in 5 hours, the store will sell
i.e., 1 hr = 6 plants,
if 5 hr = 6 plants x 5
=30 plants
Answer:
21
Explanation:
Only ______ segregation produces viable gametes and progeny, which also occurs in about half of meiosis and accounts for semi-sterility of translocation heterozygotes.
a. Alternate
b. Adjacent-1
c. Adjacent-2
d. Both B & C
Answer:
a. Alternate
Explanation:
Translocation is the process whereby two non-homologous chromosomes undergo mutation by exchanging their parts. This establishes new linkages in the chromosomes. Translocations occur during anaphase I of meiosis. There are two common types of segregations that occur during translocations; Adjacent-1 and Alternate segregations which both have equal chances of occurrence. A less common third one is Adjacent-2 segregation.
Adjacent-1 and Adjacent-2 segregation produces genetically incomplete gametes, therefore, the gametes are non-viable or sterile.
Alternate segregation on the other hand result in the formation of genetically complete gametes, therefore, the gametes produced are viable.
Only alternate segregation produces viable gametes and progeny, which also occurs in about half of meiosis and accounts for semi-sterility of translocation heterozygotes.
On June 1, 2021, Emmet Property Management entered into a 2-year contract to oversee leasing and maintenance for an apartment building. The contract starts on July 1, 2021. Under the terms of the contract, Emmet will be paid a fixed fee of $54,000 per year and will receive an additional 10% of the fixed fee at the end of each year provided that building occupancy exceeds 80%. Emmet estimates a 20% chance it will exceed the occupancy threshold, and concludes the revenue recognition over time is appropriate for this contract. Assume Emmet estimates variable consideration as the most likely amount. How much revenue should Emmet recognize on this contract in 2021? Multiple Choice $27,540 $54,000 $30,750 $27,000
Answer:
$27,540
Explanation:
Expected amount = Possible amount into probability
Expected amount = ($54,000*80%) + ($54,000+10%)*20%
Expected amount = $43,200 + ($54,000+$5,400)*20%
Expected amount = $43,200 + $59,400*20%
Expected amount = $43,200 + $11,880
Expected amount = $55,080
Revenue to be recognized on this contract in 2021 = $55,080 * 6/12 = $27,540.
When an organization defines itself and its niche in an environment by the choice of what sector or field of the environment it will use its technology, products, and services to compete in and serve, it is describing its ______.
Answer:
Domain
Explanation:
It should be noted that When an organization defines itself and its niche in an environment by the choice of what sector or field of the environment it will use its technology, products, and services to compete in and serve, it is describing its Domain. Domain can be regarded as the chosen field of action for an organization/company, it encompass the part of the environment chosen by the organization which is vital to the organization, it involves the chosen niche of the organization in the environment.
Describe the technologies that contributed to the development and advancement of the newspaper from small, infrequent circulations of a few brief pages to the mass production of daily, extensive pages of news.
Answer: The industrial revolution came with the advent of the stream powered printing press, enabling newspapers to be produced in masses
Explanation:
The industrial revolution came with the advent of the stream powered printing press, enabling newspapers to be produced in masses. Improvement also took place in the inking process to aid speed up production also introduction of wood pulp helping drive production cost. One of the major advantage for this widespread growth was the relevance the newspaper gained globally as worthy news ready to be reported were available.
In the Month of March, Digby received orders of 182 units at a price of $15.00 for their product Deal, and in April receives an order for 46 units of their product Deal at $15.00. Digby uses the accrual method of accounting and offers 30 day credit terms. Digby delivers 0 units in March, 182 units in April and 46 units in May. They received payment for 182 units in April, and payment for 46 units in May. How much revenue is recognized on the March income statement from this order
Answer: 0
Explanation:
Accrual accounting method simply means when revenue or expenses are written down and recorded at the time that the transaction took place and not when payment was gotten.
The revenue that is recognized on the March income statement will be 0. This is because the delivery was in April and none took place in March.
a landscape archetiect is hired to build a garden which is of the shape of a right traingle. suppose the architech wants to use a brick wall on the side of AC costing $9/ft and a metal fence on the side costing $3/ft suppose the architect has $1620 budget. what is the maxmum area the architect can build with he budget
Answer:
Maximum Ares architect can build is 36,450 [tex]ft^{2}[/tex]
Explanation:
Suppose
The Perpendicular of the triangle = l
The Base of the triangle = b
The hypotenuse of the triangle = h
The hypotenuse of the triangle can be calculated as follow
h = [tex]\sqrt{l^{2} b^{2} }[/tex]
Total Budget = $1,620
As the architect does not want to build anything on the hypotenuse of the triangle area.
So as per given condition
( $9 x l ) + ( $3 x b ) = $1,620
$3 ( 3l + b ) = $1,620
3l + b = $1,620 / $3
3l + b = 540
b = 540 - 3l ...........(1)
Area = 1/2 x l x b
using (1) we will have
Area = 1/2 x l x ($540 - 3l)
Now differentiating w.r.t l
[tex]\frac{d(area)}{dl}[/tex] = [tex]\frac{\frac{1}{2} [ 540l - 3l^{2}] }{dl}[/tex]
0 = [tex]\frac{1}{2} [ 540 - 6l] }[/tex]
0 = 540 - 6l
6l = 540
l = 540/6
l = 90 ft
Placing value of l in (1)
b = 540 - 3(90)
b = 540 - 270
b = 270
So, Maximum area will be calculated as follow
Maximum Ares = [tex]\frac{1}{2}[/tex] x 270 x 270
Maximum Ares = 36,450 [tex]ft^{2}[/tex]
______ occurs when an employee or an applicant is treated unfairly at work or in the job hiring process due to an identity group, condition, or personal characteristic.
Answer:
Workplace discrimination.
Explanation:
Workplace discrimination is an extremely negative situation that occurs due to certain characteristics of an individual. It may occur because the individual belongs to different ethnic groups, depending on nationality, color, religion, etc.
This situation is harmful to the organization as a whole, the discriminated individual is the one who suffers the most for having their equality rights violated and for feeling coerced and disrespected in a work environment that should be supported by criteria of equality, ethics and collaboration .
It is necessary for companies to be aware of possible loopholes in their policies that may corroborate with such illegal acts, revising them whenever necessary and strengthening the values of respect for personal individualities and equality among employees.
What are the three main categories of a tax return?
A.
allowances, deductions, and income
B.
credits, allowances, and withholding
C.
income, deductions, and credits
D.
allowances, deductions, and credits
Answer:C.
Explanation:
Explanation:
C.
income, deductions, and credits
Kaelyn's mother, Judy, looks after Kaelyn's four-year-old twins so Kaelyn can go to work (she drops off and picks up the twins from Judy's home every day). Since Judy is a relative, Kaelyn made sure, for tax purposes, to pay her mother the going rate for child care ($6,460 for the year). What is the amount of Kaelyn's child and dependent care credit if her AGI for the year was $37,600
Answer:
Kaelyn's child and dependent care credit is:
$2,100.
Explanation:
a) Data and Calculations:
Going rate for child care for twins = $6,460
Maximum allowed = $6,000
Kaelyn's AGI for the year = $37,600
Percentage of child and dependent care credit = 35% of the allowed maximum for two children
b) The maximum qualified child and dependent care expense is $6,000 ($3,000 each) that Kaelyn can claim for the twins. Therefore, her child and dependent care credit is 35% of $6,000, which equals $2,100.
During 2020, Sandeep had the following transactions: Salary $ 80,000 Interest income on City of Baltimore bonds 1,000 Damages for personal injury (car accident) 100,000 Punitive damages (same car accident) 200,000 Cash dividends from Chevron Corporation stock 7,000 Sandeep's AGI is: a.$387,000. b.$285,000. c.$287,000. d.$187,000.
Answer: c.$287,000.
Explanation:
City of Baltimore bonds are Municipal so their interest are tax exempt and so are Damages for personal injury.
Sandeep's AGI is therefore;
= Salary + Punitive damages + Cash dividends from Chevron
= 80,000 + 200,000 + 7,000
= $287,000
Jacobs Company has warrants outstanding, which are selling at a $3.00 premium above intrinsic value. Each warrant allows its owner to purchase one share of common stock at $26. If the common stock currently sells for $30, what is the warrant price? (Round your answer to 2 decimal places.) $11.00 $7.00 $8.00 $10.00
Answer: $7.00
Explanation:
Based on the information provided in the question, the warrant price would be calculated as the addition of the premium which is above the intrinsic value and the paid in excess of the common stock. This will be:
= $3 + ($30 - $26)
= $3 + $4
= $7.00
n the theory of perfect competition, the assumptions of many buyers and sellers, the production of a homogeneous product, and the possession of all relevant information by buyers and sellers imply that the perfectly competitive firm a. has a demand curve that is perfectly inelastic. b. has a demand curve that is perfectly elastic. c. sets the price it wishes. d. has a demand curve that is downward sloping
Answer:
b. has a demand curve that is perfectly elastic. c. sets the price it wishes
Explanation:
Elasticity of demand is a measure of the degree of change in quantity demanded to changes in price.
For a perfectly elastic demand it means that an infinite quantity of a product will be required by consumers at a particular price. The perfectly elastic demand curve is usually horizontal.
In perfectly competitive markets elasticity of demand is perfectly elastic because there are many buyers and sellers, production of a homogeneous product, and the possession of all relevant information by buyers and sellers.
So prices between products tend to be the same
To make valid computations of adjustments for the sales comparison approach to value, elements of comparison must be applied in a specific order. Which one of these elements listed has the highest priority?
Hello. You forgot to enter the answer options. The response options are:
Location
Market conditions
Conditions of sale
Physical characteristics
Answer:
Physical characteristics
Explanation:
The physical characteristics of the analyzed system, must have priority in determining the approach of comparing sales to value. This is because these characteristics have a strong influence on the composition of the product and the constancy of sales, in addition to determining the entire functioning of the system.
The one of the element that has the highest priority is Physical characteristics
The following information should be considered:
The physical characteristics of the analyzed system, must have priority in determining the approach of comparing sales to value. This is due to the characteristics that contains a strong influence on the composition of the product and the constancy of sales, in addition to measure the overall functioning of the system.Learn more: brainly.com/question/16911495
An assembly line with 15 tasks is to be balanced. The longest task is 2.9 minutes, and the total time for all tasks is 17 minutes. The line will operate for 450 minutes per day. a. What are the minimum and maximum cycle times
Answer:
Minimum ⇒ 2.9 minutesMaximum ⇒ 17 minutesExplanation:
Minimum cycle time ⇒ This is the time taken for the longest task to be completed. In this case that is 2.9 minutes.
Maximum cycle time ⇒ This is the time taken for all the tasks to be completed. In this case that is 17 minutes.
A pizza monopolist employing third-degree price discrimination charges students $10 per pizza and everyone else $15 per pizza Students must show the ID before they can get the discount The marginal cost of this monopolist is $5 whether or not the customer is a student. The price elasticity of demand for the students is
Answer:
The price elasticity of demand for the students is:
inelastic.
Explanation:
The price elasticity of demand for the students is inelastic because there is no change in the quantity demanded by students that changes the price at which pizza is sold to the students. If one student buys the pizza, the price charged remains $10 and if 1,000 students buy the pizza, the price remains $10 per unit. Therefore, students' demand for the pizza is said to be static irrespective of price because the price is fixed.
5 poin
What do we call an interest-bearing account at a bank that pays a higher
interest rate than a regular savings account? *
Checking Account
Stocks
Money market
None of the above
PLEASEEE
Answer:
Money market account
Explanation:
Money market deposit account MMDA are high earning saving accounts offered by banks and credit unions. Financial institutions require a minimum amount to open an MMDA account. Customers are also required to maintain a specified balance in their accounts at all times. Withdrawals from money market deposit accounts are restricted.
Money market account pays a higher interest because financial institutions use the deposit from these accounts to invest in short-term money market securities. Examples of Money market securities include commercial papers, certificates of deposits, and treasury bills. They often offer high returns. The interest rates offered on MMDA is influenced by the interest earned on the money market securities.
The cost of equity for a firm is 20%. If the real interest rate is 5%, the inflation premium is 3%, and the market risk premium is 2%, what is the investment risk premium for the Firm
Answer: 10%
Explanation:
Investment risk premium is used to determine the returns an investor makes in excess of real interest rates, inflation and the market return;
= Cost of Equity - Real interest rate - Inflation premium - Market risk premium
= 20% - 5% - 3% - 2%
= 10%
Hull Company reported the following income statement information for the current year: Sales $ 413,000 Cost of goods sold: Beginning inventory $ 136,500 Cost of goods purchased 276,000 Cost of goods available for sale 412,500 Ending inventory 147,000 Cost of goods sold 265,500 Gross profit $ 147,500 The beginning inventory balance is correct. However, the ending inventory figure was overstated by $23,000. Given this information, the correct gross profit would be:
Answer: $124,500
Explanation:
If Ending Inventory was overstated by $23,000, this means that Cost of Goods was understated by $23,000.
Actual Cost of Goods sold = 265,500 + 23,000
= $288,500
Gross profit = Sales - Cost of goods
= 413,000 - 288,000
= $124,500
A well-known fashion brand in Pakistan recently faced a scandal. The owner's husband got arrested for allegedly sending their employee away upon diagnosis of Corona virus. The Police claimed the designer and her husband should have notified the authorities and admitted the sick employee to a hospital. However, the couple claimed their duty was to just send the employee away after guiding him. The husband got released the very next day for which they thanked Prime Minister.
Answer:
ok
Explanation:
is this real ?? when did this happen ?