Answer:
O A.
Explanation:
It says labor law..
O B.Talks about price fixing
O C.Talks about import of goods
O D.Talks about products being tested for safety
Labor law means working someone for a certain amount of hours or not paying them for the amount of hours worked.
Answer:
Explanation:
A restriction of the number of hours 16-year-olds can work
Suppose there are only two firms that sell smartphones: Flashfone and Pictech. The payoff matrix that follows shows the profit (in millions of dollars) each company will earn, depending on whether it sets a high or low price for its phones. For example, the lower-left cell shows that if Flashfone prices low and Pictech prices high, Flashfone will earn a profit of $10 million and Pictech will earn a profit of $3 million. (Hint: Assume this is a simultaneous game and that Flashfone and Pictech are both profit-maximizing firms.) Pictech High Price Low Price Flashfone High Price 8, 8 3, 10 Low Price 10, 3 5, 5 If Flashfone prices high, Pictech will make more profit if it chooses alow price, and if Flashfone prices low, Pictech will make more profit if it chooses ahigh price. If Pictech prices high, Flashfone will make more profit if it chooses alow price, and if Pictech prices low, Flashfone will make more profit if it chooses ahigh price. Considering all of the information given, pricing highis not a dominant strategy for both Flashfone and Pictech. What is the Nash equilibrium of this game
Answer:
Flashfone and Pictech
The Nash equilibrium is achieved when Pictech and Flashfone price their smartphones high without the other party changing their strategy.
Explanation:
a) Data and Calculations:
Pictech
High Low
High 8 8 3 10
Flashfone
Low 10 3 5 5
b) By acting at the Nash equilibrium and pricing their smartphones high, Pictech and Flashfone achieve a payoff of $8 million respectively. This payoff level does not put any of the two firms at a disadvantage.
You bought a share of Bavarian Sausage stock for $46.50 at the beginning of the year. During the year the stock paid a $2.75 dividend and at the end of the year it trades at $52.75. What is the total return of your stock investment
Answer:
$9
Explanation:
Given the information above, total return of stock investment is computed as;
Total returns = Dividend + Increase in stock price
Dividend = $2.75
Increase in stock price = $52.75 - $46.5 = $6.25
= $2.75 + $6.25
= $9
Total return of my stock investment is $9
Dollar returns
= (9/46.5) × 100
= 19.35%
On December 31, 2020, the Bennett Company had 105,000 shares of common stock issued and outstanding. On July 1, 2021, the company sold 18,000 additional shares for cash. Bennett's net income for the year ended December 31, 2021, was $580,000. During 2021, Bennett declared and paid $77,000 in cash dividends on its nonconvertible preferred stock. What is the 2021 basic earnings per share
$4.40 per share
Explanation:
The computation of the earning per share is shown below:
Earning per share = (Net income - preference dividend) ÷ (Weighted average of number of shares)
where,
Net income is $640,000
Preference dividend is $72,000
And, the weighted average number of share is
= 120,000
Suppose that an increase in the price of melons from $0.50 to $1.50 per pound increases the quantity of melons that melon farmers produce from 2 million pounds to 4 million pounds. The price elasticity of supply in this case indicates that supply is Group of answer choices
Answer: elastic
Explanation:
The price elasticity of supply will be:
The percentage change in price will be:
= (1.50 - 0.50)/0.50 x 100
= 1.00/0.50 × 100
= 200
The percentage change in quantity will be:
= (4 -2)/2 x 100
= 2/2 × 100
= 100
Elasticity = % change in quantity/% Change in Price = 200/100 = 2
Since elasticity = 2, this indicates supply is elastic as it's greater than 1.
Assume that the quantity of X is measured on the horizontal axis, and the quantity of Y is measured on the vertical axis. Assume that the price of X is $60, the price of Y is $30 and Rafe has an weekly income of $180. Which of the following is true? He can afford 6 units of good Y. His budget line has a slope of 1/3. He can afford 6 units of good X. His budget line has a slope of −1/3.
Answer:
True : He can afford 6 units of good Y'
Explanation:
Budget Line is a combination of two goods, consumer can afford with entire given money income & prices.
Equation : p1 x1 +p2 x2 = m. Here p1 & p2 are prices of two goods, x1 & x2 are quantities of two goods, m is money income.
Intercept of budget line is max quantity of a good consumer can buy spending only on either good. Formula = m / p1 & m / p2
As : m = 180 , p1 (px) = 60 , p2 (py) = 30 . Intercepts (x & y) = 180 / 60 = 3 & 180 / 30 = 6 respectively.
So, 'He can afford 6 units of good Y' is True. 'He can afford 6 units of good X' is False.
Slope shows the trade off of goods, given money income & price. Formula = = p1 / p2 = px / py = 60 / 30 = (-) 2. 'His budget line slope = 1/3 or -1/3', both are False
Bricktan Inc. makes three products, basic, classic, and deluxe. The maximum Bricktan can sell is 75,000 units of basic, 420,000 units of classic, and 120,000 units of deluxe. Bricktan has limited production capacity of 90,000 hours. It can produce 10 units of basic, 8 units of classic, and 4 units of deluxe per hour. Contribution margin per unit is $15 for the basic, $25 for the classic, and $55 for the deluxe. What is the total contribution margin if Bricktan chooses the most profitable sales mix
Answer:
Bricktan Inc.
The total contribution margin if Bricktan chooses the most profitable sales mix is:
= $8,775,000.
Explanation:
a) Data and Calculations:
Basic Classic Deluxe Total
Maximum sales 75,000 420,000 120,000
Production hours available = 90,000
Units per hour 10 8 4
Hours required to meet sales 7,500 52,500 30,000 90,000 hrs
Contribution margin per unit $15 $25 $55
Contribution margin per hour $150 $200 $220
Total contribution margin $1,125,000 $1,050,000 $6,600,000 $8,775,000
What might you expect to find out about people who are described as credit risks?
A) They are usually given a low interest rate.
B) They have a history of not making their payments on time.
C) They find it easy to get a loan from the bank.
D) They have a history of paying in full each month.
Answer:
its B!!
Explanation:
e payoff matrix below shows the payoffs (in millions of dollars) for two firms, A and B, for two different strategies, investing in new capital or not investing in new capital. Firm B Invest Not Invest Firm A Invest 20 for A 70 for A 20 for B 5 for B Not Invest 5 for A 50 for A 70 for B 50 for B Firm A’s dominant strategy is to ______, and Firm B’s dominant strategy is to ______.
Answer:
Invest
invest
Explanation:
Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.
Dominant strategy is the best option for a player regardless of what the other player is playing
firm a can either earn20 or 70 if it advertises or 5 or 50 if it does not advertise. this is the same for firm B.
Thus the option that would yield the highest payoff is for both firms to advertise.
this is an example of prisoners dilemma
Suppose the selling price of one-month forward Japanese yens is $0.010499 per yen, and the spot price is $0.010495 per yen. Complete the following formula for the per annum percentage premium (or discount) to calculate what the yen is worth in the one-month forward market.
Answer:
Explanation:
From the given information:
The per annum forward premium = [tex]\dfrac{Forward \ price - spot \ price}{spot \ price} \times \dfrac{12}{1}[/tex]
[tex]= \dfrac{0.010499 - 0.010495}{0.010499} \times \dfrac{12}{1}[/tex]
[tex]= \dfrac{0.000004}{0.010495} \times 12[/tex]
[tex]= 0.0003811 \times 12[/tex]
= 0.004573
= 0.4573%
Since this is positive and because it is favorable, the price of the yen would rise in the one-month forward market making it premium.
We can conclude that: The yen is at premium against US dollar, due to the fact that it is worth more in one-month forward market.
Question 1 Accounting for Construction Contracts 10 Marks
XYZ Ltd signs a contract on 30 June 2015, agreeing to build a bridge for ABC Limited at a
contract price of $40 million. XYZ Ltd estimates that construction costs will be as follows:
___________________________________________________
Year Ending Cost
___________________________________________________
30 June 2016 $10 000 000
30 June 2017 $16 000 000
30 June 2018 $ 6 000 000
$32 000 000
The contract provides that ABC will make payments on 30 June of each year as follows:
2016 $8 000 000
2017 $20 000 000
2018 $12 000 000
$40 000 000
XYZ now estimates at the beginning of the 2017 financial year that construction costs will be
as follows:
_________________________________________________
Year Ending Cost
___________________________________________________
30 June 2016 $10 000 000
30 June 2017 $21 000 000
30 June 2018 $15 000 000
$46 000 000
Required:
Calculate:
a) Percentage of completion for each of the three years. (4 marks)
b) Revenue to be recognised in each of the three years. (3 marks)
c) Gross profit/loss to be recognised in each of the three years. (3 marks)
Answer:
1st part of the question
a. percentage completion year 2016=cost incurred to date/estimated total cost
=31%.
likewise 2017: percentage completion is 50%
and 2018:percentage completion is 19%
Explanation:
2016
ie: 10000000/32000000
=31.25 or 31%
2017
ie: 16000000/32000000
=50%
2018
ie: 6000000/32000000
=18.75% or 19%
Suppose you borrow $8,000 of principal that must be repaid at the end of two years, along with interest of 4 percent a year. If the annual inflation rate turns out to be 6 percent,
Instructions: Enter your responses rounded to the nearest whole number. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers.
a. What is the real rate of interest on the loan?
b. What is the real value of the principal repayment?
Hint: Future value = Present value × (1 + Growth in prices)t, where t is the number of years evaluated, e.g., The real value of loan repayment = Amount of loan × (1 + Real interest rate)t
c. Who loses, the debtor or the creditor?
I do not know, i just need points :/
If we add successive laborers to work a given amount of land on a wheat farm, eventually:____.
a. the increases in wheat harvested will get larger and larger.
b. average total cost will fall to zero.
c. the increases in wheat harvested will rise at a constant rate.
d. the increases in wheat harvested will get smaller and smaller.
Answer:
d. the increases in wheat harvested will get smaller and smaller.
Explanation:
A marginal rate of technical substitution (MRTS) can be defined as an economic principle which is typically used to represent the rate at which a factor such as capital must decrease so that the same level or quantity of production is maintained when another factor such as labor is changed (increased).
An isoquant is the slope of a marginal rate of technical substitution (MRTS) which connects the two input factors provided that the level of output or production is the same.
Also, the diminishing marginal rate of technical substitution refers to the decline (fall) in marginal rate of technical substitution (MRTS) along an isoquant that produces the same quantity (level) of output.
When an isoquant has a diminishing marginal rate of technical substitution, the corresponding isoquants are convex to the origin. Thus, the marginal rate of technical substitution (MRTS) would continue to diminish as more of a factor such as capital is used.
If we add successive laborers to work a given amount of land on a wheat farm, eventually the increases in wheat harvested will get smaller and smaller.
Answer:
d. the increases in wheat harvested will get smaller and smaller.
Explanation:
If we add successive laborers to work a given amount of land on a wheat farm, eventually: the increases in wheat harvested will get smaller and smaller.
Consider the following production and cost data for two products, L and C: Product L Product C Contribution margin per unit $ 120 $ 112 Machine minutes needed per unit 10 minutes 8 minutes A total of 60,000 machine minutes are available each period and there is unlimited demand for each product. What is the largest possible total contribution margin that can be realized each period
Answer:
$840,000
Explanation:
Calculation to determine What is the largest possible total contribution margin that can be realized each period
First step
L =120/10
L= 12
C= 112/8
C= 14
Now let the largest possible total contribution margin
Largest possible total contribution margin C=112*( 60,000/8 )
Largest possible total contribution margin C= 112*7500 units
Largest possible total contribution margin C = $840,000
Therefore the largest possible total contribution margin that can be realized each period is $840,000
g The corporate charter of Imp Company authorized the issuance of 10 million, $1 par common shares. During 2021, its first year of operations, the company had the following transactions: January 1 sold 8 million shares at $15 per share June 3 purchased 2 million shares of treasury stock at $18 per share December 28 sold the 2 million shares of treasury stock at $20 per share What amount should the company report as additional paid-in capital in its December 31, 2021, balance sheet
Answer:
$116 million
Explanation:
Calculation of Additional Paid-in-Capital
Jan 1: 8 million*$14 $112 million
June 3: 2 million*$17 ($34 million)
Dec 28: 2 million*$19 $38 million
Paid-in-Excess capital $116 million
So, the company should report $116 million as additional paid-in capital in its December 31, 2021, balance sheet.
Suppose that you are a speculator that anticipates an appreciation of the Singapore dollar (S$). You purchase a call option contract on Singapore dollars. Each contract represents S$40,000, with a strike price of $0.69 and call option premium of $0.03 per unit. Suppose that the spot price of the Singapore dollar is $0.70 just before the expiration of the call option contract. At this time, you call the contract and immediately sell the Singapore dollars to a bank at the current spot price.
Fill in the following table from your (the buyer's) perspective.
Transaction Per Unit Per Contract
Selling price of $0.92 _________
- Purchase Price of 5$ -$0.86 _________
- Premium Paid for Option -$0.02 _________
Net profit _________ _________
Answer: $1600
Explanation:
Selling price:
Per unit = $0.92
Per contract = $0.92 × 40000 = $36800
Purchase price of $5:
Per unit = -$0.86
Per contract = -$0.86 × 40000 = -$34400
Premium Paid for Option:
Per unit: -$0.02
Per contract = -$0.02 × 40000 = -800
Net profit = $36800 + (-$34400) + (-800)
= $36800 - $34400 - $800
= $1600
The net profit is $1600
The W.C. Pruett Corp. has $800,000 of interest-bearing debt outstanding, and it pays an annual interest rate of 8%. In addition, it has $600,000 of common stock on its balance sheet. It finances with only debt and common equity, so it has no preferred stock. Its annual sales are $2.88 million, its average tax rate is 30%, and its profit margin is 3%. What are its TIE ratio and its return on invested capital (ROIC)? Round your answers to two decimal places.
Answer:
1. TIE ratio = EBIT / Interest expense
EBIT = [ (Annual sales x profit margin) / (1 - tax rate) ] + Amount of debt x interest rate
= [ ($2,880,000 x 3%) / (1 - 0.30) ] + $800,000 x 8%
= 187428.57143
= $187,428.57
TIE ratio = $187,428.57 / ($800,000 x 8%)
TIE ratio = $187,428.57 / $64,000
TIE ratio = 2.92857
TIE ratio = 2.93
2. ROIC = [ EBIT x (1 - tax rate) ] / (Amount of debt + common stock)
= [$187428.57 x (1 - 0.30) ] / ($800,000 + $600,000)
= 0.093714285
= 9.37%
On January 1, 2019, Cullumber Company had $1,000,000 of common stock outstanding that was issued at par. It also had retained earnings of $740,000. The company issued 35,000 shares of common stock at par on July 1 and earned net income of $390,000 for the year.
Required:
Journalize the declaration of a 14% stock dividend on December 10, 2020, for the following independent assumptions.
a. Par value is $10, and market price is $18.
b. Par value is $5, and market price is $20.
Answer:
a. Par value is $10, and market price is $19. b. Par value is $5, and market price is $20.
Explanation:
Ruby Red manufactures, markets, and distributes citrus flavored soft drinks across the globe. Ruby Red hired a collection agency in 2018 to increase collection rates from customers. As a result, Ruby estimates that only 2% of its 2019 credit sales will be written off, compared to the 4% of 2018's credit sales that were estimated to be uncollectible. At December 31, 2019, Ruby Red has a $12,800 credit balance in its allowance for doubtful accounts and credit sales of $1,570,000.
Required:
Use the percentage of credit sales method to calculate the bad debt expense.
Answer:
$31,400
Explanation:
Ruby estimates that only 2% of its 2019 credit sales will be written off
Ruby Red has a $12,800 credit balance in its allowance for doubtful accounts
Ruby Red has credit sales of $1,570,000.
Bad debt expense = Credit sales * 2% of its 2019 credit sales
Bad debt expense = $1,570,000 * 2/100
Bad debt expense = $1,570,000 * 0.02
Bad debt expense = $31,400
Jane's Donut Co. borrowed $198,000 on January 1, 2021, and signed a two-year note bearing interest at 11%. Interest is payable in full at maturity on January 1, 2023. In connection with this note, Jane's should report interest expense at December 31, 2021, in the amount of: Multiple Choice
Answer:
$21,780
Explanation:
Calculation to determine what Jane's should report interest expense at December 31, 2021, in the amount of:
Interest expense at December 31, 2021=$198,000 x 11% x 12/12
Interest expense at December 31, 2021= $21,780
Therefore Jane's should report interest expense at December 31, 2021, in the amount of: $21,780
Tyrion considers taking a new job. He focuses on the increased opportunities for promotion and the higher salary rather than his increased responsibilities; therefore, he views the new position as a ________ rather than a ________. a. threat; challenge b. challenge; distress c. challenge; threat d. distress; eustress
Answer:
b) challenge ; distress
Explanation:
Tyrion, in her new job - focuses on increased opportunities for promotion and the higher salary rather than his increased responsibilities.
He views the new position as a Challenge rather than a Distress.
As : Challenge means participation in a difficult competitive situation, & prove expertise, for higher rewards. Distress means being worried, anxious.
he nature of B2B markets requires ________. Group of answer choices companies to focus primarily on selling products that end up as components for finished goods a more personal relationship between the buyer and seller than in B2C markets investment of more resources primarily on service sectors impersonal communication at regular intervals through mediums such as direct mail organizations to invest more on consumers than suppliers to maintain their bus
Answer:
a more personal relationship between the buyer and seller than in B2C markets
Explanation:
B2B (business-to-business) is a marketing strategy that deals with meeting the needs of other businesses, by selling products or services to the organizations for resale to other consumers, used in production of goods or for the operation of an organisation.
B2B (business-to-business) model focuses on facilitating sales transactions between businesses.
Under the B2B, the producer sells its products directly to other businesses such as wholesalers or retailers and not the end consumers.
On the other hand, the B2C market involves businesses selling their goods and services directly to the end consumers or users for personal use.
The nature of B2B markets requires a more personal relationship between the buyer and seller than in B2C markets.
Cameron, Inc. held 1,000 shares of its own $10 par value common stock purchased for $20 per share. In March, Cameron sold 10 shares at $20 per share. The journal entry to record the sale of treasury stock would include a (debit/credit) ________ to Treasury Stock in the amount of ________.
Answer:
Credit, $200
Explanation:
The journal entry would be:
Date Account Debit Credit
Cash $200
(10 shares*$20)
Treasury stock $200
(To record the sale of treasury stock)
If Serena runs her own business and is responsible for everything, she is a/an
Answer:An entrepreneur
Explanation:
An entrepreneur is an individual who starts and runs a business with limited resources and planning, and is responsible for all the risks and rewards of her business venture.
An organization takes active countermeasures to protect its systems, such as installing firewalls. This approach is known as _____________ .
Answer:
Risk reduction.
Explanation:
Risk management can be defined as the process of identifying, evaluating, analyzing and controlling potential threats or risks present in a business as an obstacle to its capital, revenues and profits.
This ultimately implies that, risk management involves prioritizing course of action or potential threats in order to mitigate the risk that are likely to arise from such business decisions. Also, it is considered to be the most important part of any organization or project.
A firewall is a network security protocol that monitors and controls inbound and outbound traffic based on set aside security rules.
Generally, a firewall is used to control access to a computer or network, as it creates a barrier between a computer or a network and the internet in order to protect against unauthorized access. It is a security system pre-installed on most computers to essentially inspect data being transmitted to or from a computer.
Furthermore, firewalls are typically bidirectional, it checks all sent and received data and only allow authorized traffic through.
Hence, when an organization takes active countermeasures to protect its systems, such as installing firewalls. This approach is known as risk reduction because it mitigates, minimizes or limits (reduces) the chances of its systems and data being circumvented or compromised by a hacker, intruder and third party.
What types of behaviors does the average customer exhibit
Explanation:
there are four types of consumer behavior : habitual buying behavior , variety-seeking behavior , dissonance-reduding buying behavior , complex buying behavior
The COM 341 Medical Supplies is in charge of maintaining hospital supplies at UVic Hospital. The lead time for replenishment deliveries is 6 days. It was calculated that the mean demand for a 3-day period was 60 units, with a standard deviation of 7 units. Please assume that demand follows a normal distribution. COM 341 Medical Supplies would like to maintain a 90% service level.
Required:
What is the appropriate reorder point?
Answer:
reorder point = 132.67 ≈ 133 units
Explanation:
z score for service level 90% = 1.28
lead time = 6 days
mean demand 60 units for 3 days period, 20 per day
standard deviation of demand = 7 units
reorder point = (20 x 6) + {1.28 + √[(7x7)/3] x √6} = 120 + 12.67 = 132.67 ≈ 133 units
Alice is responsible for getting work done through others. Alice is a ________
Answer:
supervisor
Explanation:
Suggest strategies to succeed in outsourcing its HR services
Answer:
The answer is below.
Explanation:
The strategies of a company to succeed in outsourcing its HR services
1. Internal Analysis and Baselining: this involves the cost and value analysis of using internal HR vs Outsourcing HR
2. Understanding Cost vs. Value of HR: knowing what the cost and value of outsourcing entails can go a long way in determining whether it offers the value the company wants
3. Identifying Core Competencies: realizing the competencies of outsourcing HR particularly in the area of competitive advantage of the company.
4. Aligning Technology to Support Operational Objectives: utilization of outsourcing HR technology and operational support ensure the company doesn't cure additional coast
5. Agreeing on Expectations with HR Outsourcer: knowing what to expect and agreed on the outcome of the outsourcing process is one of the key strategies.
6. Addressing and Enforcing Performance Metrics: Also, the expected performance and what is needed to be achieved should be discussed and ensured it is ultimately accomplished.
An exchange economy has two consumers, named Jimmy and Sue, and two commodities, apples and bananas. Jimmy’s initial endowment is 2 units of apples and 4 unit of bananas. Sue’s initial endowment is 4 apples and 4 units of bananas. Jimmy’s utility function over apples and bananas is U(AJ, BJ) =AJ1/2 BJ1/2. Sue’s utility function is of the form U(AS, BS) =AS+BS, where AJ and BJ are the amounts of apples and bananas for Jimmy and AS and BS are amounts of apples and bananas for Sue.The equation of the contract curve in terms of Jimmy’s coordinates is:________
a. BJ= 2AJ
b. BJ=(A2J)/2
c. BJ=AJ
d. BJ= (8AJ)/(1+AJ)
e. None of the above
Answer:
(a) BJ = AJ
In equilibrium, apples and bananas have the same price.
Jimmy’s consumption bundle must be 3 apples and 3 bananas
i just did this
Explanation:
mrk me brainliest pleasee
Received $950 cash for services provided to a customer during July. Issued common stock for $3,000 cash. Received $800 from a customer in partial payment of his account receivable which arose from sales in June. Provided services to a customer on credit, $425. Borrowed $6,500 from the bank by signing a promissory note. Received $1,300 cash from a customer for services to be performed next year. What was the amount of revenue for July
Answer:
$1,375
Explanation:
Calculation to determine What was the amount of revenue for July
Using this formula
July Revenue= July Cash Received for services provided+ Services provided to customer on credit
Let plug in the formula
July Revenue= $950+$425
July Revenue=$1,375
Therefore the amount of revenue for July is $1,375