Answer:
i would say the answer is D. because all the other answers are not totally right.
The statement about money that is correct is D. Money acts as a unit of account comma which is an agreed measure for stating the prices of goods and services.
What is money?
Money serves as a means of exchange for goods and services in economics term.
It is a way to express the value of goods and services and it serves as agreed measure for stating the prices of goods and services.
Learn more about money at;
https://brainly.com/question/329739
The market for corn in Mexico has a large number of sellers and buyers, and there is no difference in the products sold by each seller. As a result, prices are determined by the Multiple Choice consumers that buy the corn. businesses that sell the corn. forces of supply and demand. agricultural industry.
Answer:
In this market, prices are determined by the
forces of supply and demand.
Explanation:
This Mexican corn market situation describes a perfectly competitive market structure. In a perfectly competitive market, firms face the following conditions: (1) there are many suppliers and many consumers; (2) with identical products; (3) all have relevant decision-making information; and (4) there are free entry and exit of firms. This makes it impossible for one seller or consumer to set prices of the corn.
discuss any 2 factors that you would consider when choosing the ideal type of investment
Answer:
The two factors that impact the choice of an ideal investment are returns on investment and investment period.
Time makes the difference between a successful investment and a bad investment choice. It is the time duration of an investment that dictates the expected returns on the investment.
Explanation:
The return on investment (ROI) is linked to the risks and volatility of the investment type. The investment period or term also affects the returns, risks, and volatility. Short-term investments are known for reduced returns, risks, and volatility. Other factors that impact the investment type that a decision-maker chooses, apart from these factors linked to risks and volatility, are liquidity, inflation, and tax implications.
what dose gpa and sras stand for
Answer:
gross demestic product and short-run aggregate supply
Explanation:
gpa:The GDP is the total of all value added created in an economy.
SRAS: aggregate supply in the short run (SRAS) is best defined as the total production of goods and services available in an economy at different price levels
The measurement of the Aggregate Supply
Curve takes into account all goods and
services and their corresponding average price
level. What is the label for the Y-Axis?
A. average income
B. maximum price level
C. average price level
Answer:
C; Average Price Level
Explanation:
Here, we want to get what is on the label of the y-axis
The aggregate supply curve is simply a plot of the average price level against the real GDP( gross domestic product)
From this definition, we can see that we have the average price level on the y-axis and we have the real GDP on the x-axis
Olinick Corporation is considering a project that would require an investment of $343,000 and would last for 8 years. The incremental cash inflows of the project per year at $107,000. The scrap value of the project's assets at the end of the project would be $23,000. The cash inflows occur evenly throughout the year. The payback period of the project is closest to:___.a) 2.8 years.
b) 4.6 years.
c) 3.5 years.
d) 2.7 years.
Answer:
the payback period of the project is 3.20 years
Explanation:
The computation of the payback period of the project is shown below:
= Investment ÷ incremental cash inflows
= $343,000 ÷ $107,000
= 3.20 years
hence, the payback period of the project is 3.20 years
This is the answer but the same is not provided in the given options
Hence, the same should be considered
The manager wants to advertise that anybody who isn't served within a certain number of minutes gets a free hamburger. But she doesn't want to give away free hamburgers to more than 1% of her customers. What number of minutes should the advertisement use
Answer:
0.99
Explanation:
According to the given question, we need just only1% of orders to take longer than the specified time.
So, proportion = 1%
= 1/100
= 0.01.
It's possible to write it as P( X ≥ a) 0.01
We are aware that total area = 1
As a result, if the 0.01 proportion of orders is more than a, then;
The remainder will be less than or equal to a (1 - 0.01 = 0.99).
Therefore, P(0 ≤ x ≤ a) = 0.99
The balance sheet of Sand Sportswear reports total equity of $500,000 and $650,000 at the beginning and end of the year, respectively. The return on equity for the year is 20%. What is Sand Sportswear's net income for the year?
a. $100,000.
b. $130,000.
c. $2,875,000.
d. $115,000.
Answer:
d. $115,000
Explanation:
The calculation of Sand Sportswear's net income for the year is as seen below;
Return on equity = Net income / Average total equity
Return on equity = 20%
Average total equity = ($500,000 + $650,000) / 2 = $575,000
Therefore,
Net income = Average total equity × Return on equity
Net income = $575,000 × 20%
Net income = $115,000
Determine whether each of the following statements is true, false or uncertain, and brieflyjustify your answer (a few sentences). No credit will be given for unsupported answers.1. The optimal tariff for a large open economy is 0.2. Multinational firms are important primarily in labor-intensive industries.3. Horizontal FDI is more likely to occur when trade costs are low but plant-level economiesof scale are high.4. For a small open economy, import tariffs and import quotas have identical effects onprices, welfare, and import levels.5. The median voter theory has been very successful at explaining actual trade policyoutcomes.
Answer:
1) False
2) Uncertain
3) False
4) False
5) True
Explanation:
1) Optimal tariff for a Large open economy is not zero ( 0 ) and this is because a large open economy has control over interest rates both domestically and in a larger scale, and its engaged in exports and imports trades with other economies of the world. hence its Optimal tariff should be > 0
2) The Importance of Multinational firms primarily in labor-intensive industries is Uncertain because Multinational firms can have a positive effect on labor by providing them with better wages and it can also affect labor negatively by laying off incompetent workers in the long run
3) Horizontal FDI is less likely to occur when the trade costs are low but plant-level economies of scale are high because lower trade costs will lead to a vertical FDI and not horizontal FDI
4) In an open economy the effects of import tariffs and import quotas does not have same effect on prices and import levels . reduction in import quota reduces import levels while increase in tariffs affects pricing of goods and services
5) True because increase in inequality and a country's endowment been held constant will raise trade barriers in a capital abundant economy and vice versa for less capital abundant economy .
g Because of the downward sloping demand curve, a monopolist can increase its revenue is by ________. Group of answer choices only increasing price on its goods only decreasing price on its goods increasing or decreasing price of its good. charging the maximum price
Answer:
only increasing price on its goods
Explanation:
A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.
An example of a monopoly is a utility company
A natural monopoly occurs due to the high start-up costs or a large economies of scale.
Natural monopolies are usually the only company providing a service in a particular region
Because the demand curve for a monopoly is downward sloping, marginal revenue is less than price. As prices fall, more units of the product are bought.
In a monopoly When the average cost is falling, the marginal cost lies below the average cost. If the government sets price to be equal to marginal cost, which lies below the average cost, the monopoly would incur losses
1. How much is currently owed on this credit card?
a. $200
b. $245
c. $1,000
Answer:
What is the word problem??? (B)
Is it:
How much is currently owed on this credit card?
$200
$245
$1,000
Look at the Transactions section. Why is the refund marked with a positive sign?
You owe that amount on your credit card statement
You are receiving that money back onto your credit card statement
You paid that amount off last month
Before sending in your payment to the credit card company, you go to a bicycle store. How much can you spend before going over the credit limit on your card?
$0, you are already over your credit limit
$245
$755
Which of the following statements is FALSE?
If you pay the MINIMUM PAYMENT of $40.00, the bank will waive the interest charged on the balance you still owe.
If you are late in making your credit card payment, you may have to pay a $35 fee.
If you want to avoid any interest or fees, you should pay off your full statement balance by the due date.
Explanation:
Comet Company accumulated the following account information for the year: Beginning raw materials inventory$5,200 Indirect materials cost 1,200 Indirect labor cost 4,200 Maintenance of factory equipment 2,000 Direct labor cost 6,200 Using the above information, total factory overhead costs would be:
Answer:
$7,400
Explanation:
Given the above information, the total factory overhead cost would be computed as;
Total factory overhead costs = Indirect materials + Indirect labor + Maintenance of factory equipment
= $1,200 + $4,200 + $2,000
= $7,400
Hence, the total factory overhead costs is $7,400
Suppose the European and Japanese economies succumb to a recession and reduce their demand for U.S. goods for several years. Using AS/AD framework, explain the macroeconomic consequences of this shock, both immediately and over time.
Construction Inc. contracts to buy some heavy equipment from Dig Machines Inc. Before either party performs, Dig sells its assets to Excavation Corporation. On learning of the sale, Construction is concerned about its contract with Dig. Construction should a. buy the equipment from a different firm and bill Excavation for the price. b. demand an assurance of performance from the seller. c. buy the equipment from a different firm and bill the seller for the price. d. consider the contract repudiated and sue the seller for breach.
Answer:
Option b: Demand assurances of performance from the seller
Explanation:
Right of assurance
This is simply done if a party has reasonable grounds to believe that the other party will not hold their own part of the deal, he or she may ask in writing that the other party give adequate assurance of performance . It is stated that If the second party does not provide reasonable assurance as demanded within 30 days, this failure will lead to repudiation of the contract and can be regarded as an anticipatory breach.
The process for requesting adequate assurance is divided into three reasonable grounds;
1. Reasonable grounds for insecurity
2. Demand for adequate assurances of performance
3. Failure to provide adequate assurance is a Repudiation
Excavation can have some dig assets. That doees not mean they purchase all their asset and even if they do, they did not even purchase the whole company. As the company can produce more, construction conc. should or can place a request across to dig to give assurance of performance.
Following is the sales budget for Coore, Inc., for the first quarter of 2019.
January February March
Sales budget $168,000 $186,000 $199,000
Credit sales are collected as follows:
65 percent in the month of the sale.
20 percent in the month after the sale.
15 percent in the second month after the sale.
The accounts receivable balance at the end of the previous quarter was $107,000 ($78,100 of which was uncollected December sales)
Requried:
a. Compute the sales for November.
b. Compute the sales for December.
c. Compute the cash collections from sales for each month from January through March.
Answer:
a. Sales for November = $192,666.67
b. Sales for December = $312,400,00
c. Total cash collections are as follows:
January = $200,580
February = $201,360
March = $191,750
Explanation:
a. Compute the sales for November.
Sales for November = (Accounts receivable balance at the end of the previous quarter - Uncollected sales from December) / Collection rate two months after the sale = ($107,000 - $78,100) / 15% = $192,666.67
b. Compute the sales for December.
Sales for December = Uncollected sales from December / (Collection rate one months after the sale + Collection rate two months after the sale) = $78,100 / (10% + 15%) = $312,400,00
c. Compute the cash collections from sales for each month from January through March.
Note: See the attached excel file for the schedule of cash collections from sales for each month from January through March.
From the attached excel file, total cash collections are as follows:
January = $200,580
February = $201,360
March = $191,750
Your design team wants some help with the design of a locally responsive product intended for the host. They wish to own all of the intellectual property rights, and minimize costs. You should:___________a) Greenfield - Open a design studio in the host location.b) Acquire a local design firm in the host.c) Merge with a design firm in the host.d) Enter into a JV with a firm in the host.e) Enter into a sponsored development agreement with an alliance partner in the host.f) None of the choices listed here.g) All of the Greenfield, Acquire, Merge, and JV choices will work fine.
Answer:
b) Acquire a local design firm in the host.
Explanation:
The limitations with related to the greenfield, sponsored, mergers and JVs is that they dont give any assurance of 100% control and the ownership should be considered for the intellectual property
Now if one could select for the acquistion purpose that means they have the overall control and the ownership
So the above should be the answer
RJR Nabisco recently experienced a market reevaluation due to a number of tobacco lawsuits. The firm has a bond outstanding with 15 years to maturity, and a coupon rate of 8 percent, with interest being paid semiannually. The required yield to maturity has risen to 16%. What is the price of the RJR Nabisco bond? a) $1,000 b) $804 c) $767 d) $550
Answer:
d) $550
Explanation:
The computation of the price of the RJR bond is given below;
Given that
Future value assume be $1,000
NPER = 15 × 2 = 30
PMT = $1,000 × 8% ÷ 2 = $40
RATE = 16% ÷ 2 = 8%
The formula is shown below:
=-PV(RATE,NPER,PMT,FV,TYPE)
After applying the above formula, the present value is $550
A long-term period of economic recession that leads to a low GDP and very
high unemployment is a(n)
Answer:
Depression
Explanation:
A long-term period of the economic recession that leads to a low GDP and very high unemployment is a(n) DEPRESSION
Depression is an economic term used to describe a deep tumble in an economy that occurs for a long period of more than six months. Depression lasts for years, and it is characterized by low real GDP and an awfully high level of unemployment.
Hence, in this case, the right answer is Depression.
Gander, Inc. is considering two projects with the following cash flows: Year Project X Project Y 0 ($100,000) ($100,000) 1 40,000 50,000 2 40,000 0 3 40,000 0 4 40,000 0 5 40,000 250,000 Gander uses the payback period method of capital budgeting and accepts only projects with payback periods of 3 years or less. a. If the projects are presented as stand-alone opportunities, which one(s) would Gander accept
Answer: Project X
Explanation:
Project X payback period:
Payback period if the inflow is constant = Investment amount / Annual inflow
= 100,000 / 40,000
= 2.5 years
Project Y payback period:
= Year before payback + Amount remaining / Cash inflow in year of payback
Project Y makes no inflows from year 2 to 4 and brings in a substantial amount in year 5. Year before payback must be 4 years therefore.
Amount remaining = 100,000 - 50,000 in first year
= $50,000
= 4 + 50,000 / 250,000
= 4.2 years
Project X will be chosen as its payback period is less than 3 years.
recurring sale and purchase is the Hallmark of the business justify the answer
Answer:
Recurring or Repeated transaction of purchase and sale means business due to following reasons :-
》Incentivize your customers with points.
》Grow your customer base through referral programs.
》Improve customer retention with VIP programs.
》Create exclusive discounts for loyal customers.
》Use email retargeting to win customers back.
》Boost repeat purchases through personalized campaigns.
On September 1, Home Store sells a mower (that costs $120) for $420 cash with a one-year warranty that covers parts. Warranty expense is estimated at 6% of sales. On January 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $29 in materials taken from the Repair Parts Inventory.
Required:
Prepare the September 1 entry to record the mower sale (and cost of sale) and the January 24 entry to record the warranty repairs.
Answer: See explanation
Explanation:
The entry is prepared below:
Sep-01
Dr Cash $420
Cr Sales revenue $420
(To record the mower sales)
Sep-01
Dr Cost of goods sold $120
Cr Finished goods inventory $120
(To record the cost of mower sales)
Sep-01
Dr Warranty expense (6% x $420) = $25.20
Cr Warranty liability $25.20
(To record the estimated warranty expense)
Jan-24
Dr Warranty liability $29
Cr Repair parts inventory $29
(To record the cost of warranty repairs)
Examples of mangers organizing
Answer:
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Galvatron Metals has a bond outstanding with a coupon rate of 6.3 percent and semiannual payments. The bond currently sells for $949 and matures in 25 years. The par value is $1,000 and the company's tax rate is 39 percent. What is the company's aftertax cost of debt
Answer:
The right response is "4.102%".
Explanation:
Given:
Number of half years,
n = [tex]25\times 2[/tex]
= [tex]50[/tex]
Coupon per half years,
c = [tex]1000\times \frac{6.3 \ percent}{2}[/tex]
= [tex]31.5[/tex]
Price,
pv = 949
Par value,
= 1000
Now,
The YTM will be:
= [tex]rate(n,c,-pv,fv)\times 2[/tex]
= [tex]rate(50,31.5,-949,1000)\times 2[/tex]
= [tex]6.724[/tex] (%)
hence,
After tax cost of debt will be:
= [tex]YTM\times (1-tax \ rate)[/tex]
= [tex]6.724\times (1-39)[/tex]
= [tex]4.102[/tex] (%)
manufacturing costs for August when production was 1,000 units appear below: Direct material $12 per unit Direct labor $7,500 Variable overhead 6,000 Factory depreciation 9,000 Factory supervisory salaries 7,800 Other fixed factory costs 2,500 Compute the flexible budget manufacturing cost amount for a month when 900 units are produced.
Answer:
Total manufacturing Cost $42,250
Explanation:
The computation of the flexible budget manufacturing cost amount for a month when 900 units are produced is given below:
No. of units Produced 900 units
Direct material at $12 per unit $10,800
Direct labor (($7,500 ÷1,000) × 900) $6,750
Variable Overhead ($6,000 ÷ 1000) × 900 $5,400
Factory depreciation $9,000
Factory Supervisory salary $7,800
other fixed factory cost $2,500
Total manufacturing Cost $42,250
what is the present value of $7500 per year, at a discounted rate of 7.1%, of the first payment is received 6 years from now and the last payment is received 25 years from now
Answer:
PV= $50,981.17
Explanation:
First, we need to calculate the future value at the end of the period:
FV= {A*[(1+i)^n-1]}/i
A= annual payment
FV= {7,500*[(1.071^19) - 1]} / 0.071
FV= $283,234.78
Now, the present value:
PV= FV/(1+i)^n
in this case n=25 years
PV= 283,234.78 / (1.071^25)
PV= $50,981.17
If the price of chocolate-covered peanuts increases and the demand for strawberry licorice twists increases, this indicates that these two goods are _____ goods. Group of answer choices
Answer: substitute goods
Explanation:
Substitute goods refer to the goods that serves thesame purpose by the consumers. A common example is Coke and Pepsi.
For a substitute good, when the price of one of the goods increase, then there will be an increase in the demand of the other one as people will now but more of that good and lesser of its substitute that has a price increase.
In this case, when the price of chocolate-covered peanuts increases and the demand for strawberry licorice twists increases, then the goods are substitute goods.
At December 31, before adjusting and closing the accounts had occurred, the Allowance for Doubtful Accounts of Seaboard Corporation showed a debit balance of $3,200. An aging of the accounts receivable indicated the amount probably uncollectible to be $2,100. Given this information, write the year-end adjusting entry for Seaboard Corporation in Journal Entry format.
Answer:
Debit to Uncollectible Accounts Expense of $5,300.
Explanation:
Based on the information given the year-end adjusting entry for Seaboard Corporation in Journal Entry format will be DEBIT TO UNCOLLECTIBLE ACCOUNTS EXPENSES OF $5,300.
Uncollectible Accounts Expense=Allowance for Doubtful Accounts +Accounts receivable Uncollectible
Uncollectible Accounts Expense=$3,200+$2,100
Uncollectible Accounts Expense=$5,300
Megan Company has fixed costs of $429,450. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price Variable Cost per Unit Contribution Margin per Unit Q $320 $150 $170 Z 220 180 40 The sales mix for products Q and Z is 50% and 50%, respectively. Determine the break-even point in units of Q and Z. If required, round your answers to the nearest whole number. a. Product Q fill in the blank 1 units b. Product Z fill in the blank 2 units
Answer:Break-even point (units)= 4,090units ,
a. Product Q -2,045 units
b. Product Z -2,045 units
Explanation:
Given
Product Selling Price Variable Cost per Unit Contribution Margin per Unit Q $320 $150 $170
Z 220 180 40
Using the formulae
Break-even point (units)= Total fixed costs / Weighted average contribution margin
But weighted Q contribution: $170 x 50% = $ 85
weighted Z contribution: $ 40 x 50% = $ 20
Total Mix contribution(Weighted average contribution margin)=$105
Break-even point (units)= $429,450/ $105
Break-even point (units)= 4,090units
Now, for each product:
Q= 4,090units x 50%= 2,045 units
Z= 4,090units x 50%= 2,045 units
Therefore,
a. Product Q -2,045 units
b. Product Z -2,045 units
North Corp. EBIT is $200. It has a debt-equity ratio of 25% and a WACC of 16%. Debt interest is 12%. Without taxes, what is the value of the firm?
Answer:
Value of the firm = 25000
Explanation:
Use the below formula to find the value of firm.
Degree of Financial Leverage = EBIT / ( EBIT - Interest)
Degree of Financial Leverage = 0.25
0.25={200/ {200-Interests}
Interests amount = - 600
Interest amount = debt × Cost of Debts
Debt amount = Interest amount / Cost of Debt
Debt amount = - 600 / 0.12.
Debt amount = -5000
Now find the debt equity ratio:
Debt-equity ratio = debt / equity
Given Debt amount = 5000
0.25= 5000 / Equity
Equity =5 000 /0.25
The value of Equity = 20,000
Now, the value of the firm = Equity amount + Debt amount
The value of the firm = 20000 + 5000
The value of the firm = 25000
List two types of cash flows an investor can expect to receive from an investment in stock. Explain the volatility of each of these types of cash flows.
Answer:
Operating cash flows which are activities that include a company’s day-to-day activities, for example, purchasing raw material or making sales. Investing cash flows are activities that include purchases and sales of long term assets and other investments.
what are the marketing channel distribution strategy
Answer:
The three types of distribution channels are wholesalers, retailers, and direct-to-consumer sales. ... Retailers are generally the customers of the wholesalers and offer high-touch customer service to the end customers.