Which type of "cookies" enables a user to stay logged to a site and keeps your shopping cart intact as you click from page to page? out of Select one:

Answers

Answer 1

The type of cookie that enables a user to stay logged to a site and keeps their shopping cart intact as they click from page to page is called a session cookie. This type of cookie is created when a user first visits a website and is stored temporarily in their browser's memory.

Session cookies work by assigning a unique identifier to each user's session on a website. This identifier is used to keep track of the user's actions on the site, such as adding items to their shopping cart, without requiring them to constantly re-enter their login credentials. As long as the user stays on the website, their session cookie remains active, allowing them to navigate the site without any interruptions to their shopping experience. However, once the user closes their browser or logs out of the site, the session cookie is deleted and their session ends.

Overall, session cookies are a convenient and efficient way for websites to provide a personalized user experience, allowing users to stay logged in and keep their shopping carts intact as they navigate the site.

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Related Questions

Sherry owns a car business. She just received a shipment of Volkswagen SUVs. She paid $60,000 for each vehicle and wants to make 25% on each car sale. What is Sherry's selling price?



First convert the markup percentage to decimal by dividing



(25 / 100 = 0. 25)



Then multiply it by the cost of the vehicle to get the Additional Margin



Additional Margin = $60,000 x 0. 25 =



Second, add the Cost Price and the Additional Margin to get the Selling Price.



Hint: Do not forget to include the comma to separate the digits and to type the $ symbol!



Example: $15,100

Answers

To calculate Sherry's selling price, we need to add the cost price and the additional margin.

The additional margin is obtained by multiplying the cost price ($60,000) by the markup percentage (25% expressed as 0.25):

Additional Margin = $60,000 x 0.25 = $15,000

Now, we can calculate the selling price by adding the cost price and the additional margin:

Selling Price = Cost Price + Additional Margin

Selling Price = $60,000 + $15,000

Selling Price = $75,000

Therefore, Sherry's selling price for each Volkswagen SUV will be $75,000.

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Criticize the following working paper that you are reviewing as senior auditor on the December 31 audit of Pratt Company.
Pratt Company Cash
Per bank $44,874.50,/
Deposit in transit 5,843.10(1)
Bank Charges (2.80)(2)
Outstanding checks
1,246.40,/
3,412.72,/
840.00,/
1,013.60 (3)
1,200.00(3)
967.50V 8,680.22
Per ledger f $42,034.58, /
f Footed column
/ Verified
(1) The client saved a copy of the deposit slip that is filled out. Per discussion with client. this represents cash sales on 12/31/XO. I agreed totals to the Cash Receipts Journal on 12/31/XO. Properly posted on bank statement as having been received by bank on 1/9/X1 .
(2) Represents December bank service charge. Agreed charge to December bank statement in which bank charged client $2.80. Recorded as cash disbursement in January of 20X1.
(3) Per client, check written (to pay account receivable) before year-end, but not mailed until 1/2/X1 because on 12/31/XO the last office mail was picked up at 3 p.m. due to year-end party of mail room employees.
J.M.W
1-15-X1

Answers

After reviewing the working paper for Pratt Company's cash on December 31st, there are a few concerns that I have as a senior auditor. Firstly, the deposit in transit of $5,843.10 needs further verification.

While the client has saved a copy of the deposit slip, it would be prudent to confirm with the bank that they have received the funds and included it in the balance as of December 31st. Additionally, the fact that it was recorded as received by the bank on January 9th raises questions about the timing and accuracy of the recorded cash balance.



Secondly, the bank charges of $2.80 recorded as a cash disbursement in January 20X1 should have been recorded as an expense in December 20X0, when the charge was incurred.



Lastly, the outstanding checks totaling $8,680.22 raise concerns about their validity. While the check written before year-end but not mailed until January 2nd can be verified with the payee, the other outstanding checks need to be further investigated to ensure they are still valid and have not been cancelled or otherwise accounted for.

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The Advisory Committee travels to the Chicago offices once a year at the company’s request.
a. The HR department are on the third floor.
b. The government regulates trade.
c. The Board of Governors hires the CEO.
d. The project team is located in different states and collaborates online.

Answers

The Advisory Committee is a group that meets with the- c. company once a year at their Chicago offices.

What is  the purpose?

Their purpose is to provide feedback and advice on various business initiatives. The project team, on the other hand, is dispersed across different states and works collaboratively online.

This allows for a more flexible work environment and the ability to work on projects in a more efficient manner. The use of technology such as video conferencing and online collaboration tools has made it possible for team members to communicate effectively and work together seamlessly, despite the distance between them.

Overall, this approach has proven to be successful in promoting collaboration and achieving project goals.

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• Which distribution does X follow? X-Expo(1/16) • What is the probability that you have to wait less than 20 minutes before you see Peter the Anteater? 0.7135 • What is the probability that you don't see Peter for the next 15 minutes but you do see him before your next lecture in 25 minutes? 0.1820 • You have already been waiting for 20 minutes to see Peter the Anteater and you're getting slightly bored and impatient. What is the probability that you will have to wait for more than 10 more minutes? 0.4647

Answers

The probability of waiting for more than 10 minutes after already waiting for 20 minutes is 0.4647. X follows the exponential distribution with a rate parameter of 1/16, denoted as X ~ Expo(1/16).

This means that X represents the time between consecutive sightings of Peter the Anteater, and the distribution of X assumes that sightings occur randomly and independently over time.

To find the probability of waiting less than 20 minutes before seeing Peter, we can use the cumulative distribution function (CDF) of the exponential distribution:

P(X < 20) = 1 - e^(-1/16 * 20) = 0.7135

Therefore, the probability of seeing Peter in less than 20 minutes is 0.7135.

To find the probability of not seeing Peter for the next 15 minutes but seeing him before the next lecture in 25 minutes, we can use the properties of the exponential distribution and the CDF:

P(X > 15 and X < 25) = e^(-1/16 * 15) - e^(-1/16 * 25) = 0.1820

Therefore, the probability of not seeing Peter in the next 15 minutes but seeing him before the next lecture in 25 minutes is 0.1820.

Lastly, if you have already been waiting for 20 minutes to see Peter and want to know the probability of waiting for more than 10 more minutes, we can use the survival function (SF) of the exponential distribution:

P(X > 30 | X > 20) = P(X > 10) = e^(-1/16 * 10) = 0.4647

Therefore, the probability of waiting for more than 10 minutes after already waiting for 20 minutes is 0.4647.

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A stock with a current market price of $50 and a strike price of $45 has an associated call option priced at $6.50. This call has an intrinsic value of _ and a time value of Multiple Choice Ο $5; $1.50 Ο $1.50; $5 Ο $0; $6.50 Ο $6.50; $Ο

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A stock with a current market price of $50 and a strike price of $45 has an associated call option priced at $6.50. This call has an intrinsic value of $5 and a time value of $1.50.

The intrinsic value of a call option is the difference between the current market price of the underlying asset and the strike price of the option. In this case, the intrinsic value of the call option is $50 - $45 = $5. The time value of a call option is the difference between the total price of the option and its intrinsic value. In this case, the total price of the call option is $6.50, and its intrinsic value is $5. Therefore, the time value of the call option is $6.50 - $5 = $1.50.

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A _____________ is a group of people who agree to save their money together and make loans to each othert at a relatively low rate of intrest

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A credit union is a financial cooperative that allows its members to pool their money together and provide loans to one another at a lower interest rate than what traditional banks offer.

Credit unions are not-for-profit organizations that operate with the goal of serving their members and providing them with affordable financial services. Members of credit unions typically have a common bond, such as living in the same community or working in the same industry. Credit unions are often able to offer lower interest rates on loans because they are owned and operated by their members, so there are no outside shareholders looking to profit off of the money being lent out. By working together and leveraging the power of their collective resources, credit union members are able to save money and obtain loans at a more affordable rate than what is typically available through traditional banks.

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process costing systems consider overhead costs to include those costs that cannot be traced to a specific process. group startstrue or false

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The statement "process costing systems consider overhead costs to include those costs that cannot be traced to a specific process group starts" is true. Process costing systems are an effective way to allocate overhead costs to each unit of product produced, even when those costs cannot be traced to a specific process.

Process costing systems are used to calculate the cost of producing a large quantity of identical products. In these systems, overhead costs are considered to include those costs that cannot be traced to a specific process. This is because process costing systems are designed to allocate overhead costs to each unit of product based on a predetermined rate. This rate takes into account all overhead costs incurred during a particular period, such as rent, utilities, and salaries, which cannot be directly traced to a specific process.
To allocate these overhead costs accurately, companies using process costing systems typically group them into cost pools based on their nature and allocate them based on the amount of activity that occurs in each process. For example, if a company has two processes in its production line, it might allocate overhead costs to each process based on the number of units produced in each process. By grouping overhead costs into cost pools and allocating them based on activity levels, companies can ensure that their products are priced accurately, which can help to improve profitability over time.

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True.  Process costing systems are used to determine the cost of producing a large quantity of identical or similar products in a continuous manufacturing process. In such a system, overhead costs are considered as indirect costs that cannot be directly traced to a specific process or product.

The use of social media has had a significant impact on the way people communicate and interact with each other. Social media platforms such as Fcebk, Twter, Instgrm, and LnkdIn have provided users with new and innovative ways to connect and share information with each other. These platforms have made it easier for people to stay in touch with friends and family, and to make new connections with people from all over the world.

Social media has also had a significant impact on businesses and organizations, providing them with new ways to market and promote their products and services to a wider audience. Social media platforms have become important tools for businesses to build their brand, engage with customers, and gather feedback on their products and services.

However, social media has also been criticized for its negative impact on mental health and well-being. The constant exposure to curated and filtered images and content can lead to feelings of inadequacy and low self-esteem, while the pressure to present a perfect image on social media can also cause anxiety and stress.

Overall, social media has transformed the way people communicate and interact with each other, and its impact is likely to continue to be significant in the future. As the use of social media continues to grow, it will be important for individuals, businesses, and society as a whole to consider both the positive and negative effects of this powerful tool.

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suppose that americans decide to decrease their saving. as a result, the real interest rate will _____ , and u.s. net capital outflow will _____

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If Americans decide to decrease their saving, the real interest rate will increase, and U.S. net capital outflow will decrease.

Here's a step-by-step explanation:

1. When Americans save less, there is a decrease in the supply of loanable funds.
2. Due to the decreased supply of loanable funds, the real interest rate in the market rises.
3. As the real interest rate increases, it becomes more expensive for domestic and foreign borrowers to obtain loans.
4. Consequently, U.S. net capital outflow, which is the difference between the value of domestic assets purchased by foreigners and the value of foreign assets purchased by domestic residents, will decrease. This occurs because higher real interest rates attract more foreign investors, leading to a higher demand for U.S. assets and a lower demand for foreign assets by U.S. residents.

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Exempting food purchases from sales tax is consistent with the ability-to-pay principle, although not necessarily consistent with vertical equity. True False

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Exempting food purchases from sales tax is a policy decision that balances the ability-to-pay principle with concerns about fairness and equity. While it may not be a perfect solution, it does help to ensure that people are able to access the basic necessities of life without facing unnecessary financial barriers it is True.

Exempting food purchases from sales tax is consistent with the ability-to-pay principle because it recognizes that food is a basic necessity that everyone needs to survive, regardless of their income level. By exempting food purchases from sales tax, the government is helping to ensure that low-income individuals and families are not burdened with an additional cost that could make it more difficult for them to meet their basic needs.

However, exempting food purchases from sales tax is not necessarily consistent with vertical equity, which is the idea that those who have more should pay more. Since everyone needs to eat, exempting food from sales tax may benefit those with higher incomes as well as those with lower incomes. This means that the tax burden is not necessarily being spread in a way that reflects each individual's ability to pay.

Overall, exempting food purchases from sales tax is a policy decision that balances the ability-to-pay principle with concerns about fairness and equity. While it may not be a perfect solution, it does help to ensure that people are able to access the basic necessities of life without facing unnecessary financial barriers.

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False . The ability-to-pay principle is a widely accepted principle of taxation that states that individuals or entities that have the ability to pay taxes should pay more, while those with less ability should pay less.

The principle is based on the idea that individuals with greater wealth or income have a greater capacity to contribute to the government's revenues. The principle is consistent with the notion of horizontal equity, which suggests that taxpayers in similar financial situations should pay similar amounts of taxes.

Exempting food purchases from sales tax can be considered consistent with the ability-to-pay principle since food is a necessity, and lower-income individuals spend a greater proportion of their income on food than higher-income individuals. Therefore, exempting food from sales tax reduces the burden on low-income taxpayers, who would otherwise bear a disproportionate share of the tax burden.

However, it may not be consistent with vertical equity since it does not necessarily ensure that taxpayers in different income brackets pay a proportionate share of their income in taxes.

Overall, the decision to exempt food from sales tax should be based on a careful evaluation of the principles of taxation, as well as on the potential revenue implications and distributional effects of the policy.

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An economy has the production function
Y= 0.2(K+ sqrt N)
In the current period, K= 100 and N= 100
a. graph the relationship between output and capital, holding labor constant at its
current value. what is the MPK? Does the marginal productivity of capital
diminish?
b. graph the relationship between output and labor, holding capital constant at its
current value. Find the MPN for an increase of labor from 100 to 110. Compare
this result with the MPN for an increase in labor from 110 to 120. Does the
marginal productivity of labor diminish?

Answers

The graph shows an upward-sloping relationship between output and capital, The graph shows an upward-sloping relationship between output and labor, with a diminishing marginal productivity of labor.

To graph the relationship between output and capital, we need to hold labor constant at its current value of N=100. So, the production function becomes

Y= 0.2(K+√(100)) = 0.2(K+10) = 0.2K+2

To graph this function, we can plot the points for different values of K

K Y

100 22

200 42

300 62

400 82

The graph of this function is a straight line with a slope of 0.2, which means that the MPK is constant and equal to 0.2. The marginal productivity of capital does not diminish as more capital is added.

To graph the relationship between output and labor, we need to hold capital constant at its current value of K=100. So, the production function becomes

Y= 0.2(100+√(N)) = 0.2N+20

Here are the points to plot for the graph.

N Y

100 20

110 23.148

120 25.962

To find the MPN for an increase of labor from 100 to 110, we need to calculate the change in output

MPN = (Y₂-Y₁)/(N₂-N₁) = (0.2(110+√(110))-0.2(100+√(100)))/(110-100) = 0.563

To find the MPN for an increase in labor from 110 to 120, we need to calculate the change in output

MPN = (Y₂-Y₁)/(N₂-N₁) = (0.2(120+√(120))-0.2(110+√(110)))/(120-110) = 0.536

The MPN diminishes as more labor is added, as seen from the decreasing values of MPN.

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if you choose a single nucleotide at random from each of the two regions, what is the probability that they are the same nucleotide

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The probability of randomly selecting the same nucleotide from two regions depends on the specific nucleotide composition of the regions.

When choosing a nucleotide from each region independently and with equal probability from the set {A, T, C, G}, the probability of selecting the same nucleotide from both regions is 1 out of 16 possible combinations.

In other words, the probability of selecting the same nucleotide is approximately **6.25%** or **1/16**.

Please note that the actual probability may vary depending on the nucleotide composition of the regions being considered.

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should an increase in the volatility of a firm's stock returns be associated with an increase in the value of a call option on the firm's stock

Answers

An increase in the volatility of a firm's stock returns is typically associated with an increase in the value of a call option on the firm's stock because call options allow the owner to buy the underlying stock at a predetermined price, but they are not obligated to do so.

As volatility increases, the potential range of stock prices at expiration also increases, which makes the call option more valuable. The value of a call option is affected by several factors, including the current stock price, the strike price, the time until expiration, the risk-free rate, and the volatility of the underlying stock.

An increase in volatility increases the potential range of stock prices at expiration, which increases the likelihood that the stock price will be above the strike price, making the call option more valuable.

However, it's worth noting that other factors, such as the time until expiration and the risk-free rate, can also impact the value of a call option.

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After several months, LRC's supervisor is arrested for stealing nearly $10,000 from the company.
Identify the internal control weakness that allowed this theft to occur.

Answers

The internal control weakness that allowed the theft to occur was option A: the accounting system was not adequate to detect the fraud.

In order to prevent future incidents like this, LRC should implement stronger internal controls such as establishing segregation of duties, where different employees are responsible for different parts of the cash handling process. For example, one employee could be responsible for collecting the cash, another employee could be responsible for preparing the cash count sheet, and a third employee could be responsible for depositing the cash in the bank. This would create a system of checks and balances and reduce the risk of fraud.

In addition, LRC should consider implementing a system of regular audits and reviews of financial records to detect any irregularities or suspicious activities. This could include conducting surprise cash counts, comparing financial records to bank statements, and monitoring employee behavior for signs of financial stress or lavish spending.

Overall, it is essential for companies to prioritize strong internal controls to prevent fraud and protect their financial assets. By implementing these measures, LRC can ensure that their financial processes are secure and reliable, and avoid future incidents of theft or fraud. Therefore, the correct option is A.

The question was incomplete, Find the full content below:

After several months, LRC’s supervisor is arrested for stealing nearly $10,000 from the company.

Identify the internal control weakness that allowed this theft to occur. A. The accounting system was not adequate to detect the fraud.

A. The accounting system was not adequate to detect the fraud.

B. The cash collection clerks should have been at least four in number, one for each area-east, west, north, south.

C. The cash collection clerks should have been made responsible for depositing the cash in the bank.

D. The supervisor was responsible for handling the cash, preparing the cash count sheet, and depositing cash in the bank.

E, The supervisor was not professionally qualified to account for the cash.

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Leah has saved $95 toward a new bicycle that costs $215. She is able to save $30 per month toward the bicycle. Write an inequality for this situation if m represents the number of months that Leah must save to buy the bicycle.

Answers

The inequality 30m + 95 ≥ 215 represents Leah's savings progress towards buying a bicycle. The term 30m signifies the amount she saves in m months, while 95 represents her initial savings.

The left side of the inequality represents the total amount Leah will have saved after m months. To afford the bicycle, her savings must be greater than or equal to the cost of $215.

By setting up this inequality, Leah can track her progress and determine the minimum number of months (m) required to save enough money to purchase the bicycle.

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To minimize losses to consumer surplus, protection for infant industries should be provided through: 1) subsidies. 2) quotas. 3) tariffs. 4) an overvalued exchange rate.

Answers

To minimize losses to consumer surplus, protection for infant industries should be provided through subsidies. This is because subsidies allow the industry to produce goods at a lower cost, which in turn makes them more competitive in the market. The correct option is 1) .

However, it is important to note that subsidies must be used in moderation and only for a limited time to avoid creating a dependency on government support. Additionally, subsidies can lead to inefficiencies and may distort the market by favoring certain industries over others. Therefore, it is crucial to strike a balance between protecting infant industries and promoting competition and consumer welfare. In contrast, quotas and tariffs may limit competition and result in higher prices for consumers, while an overvalued exchange rate may lead to inflation and a decrease in the competitiveness of the industry. Overall, subsidies can be an effective tool for protecting infant industries, but they must be implemented with caution and in conjunction with other policies that promote a level playing field for all industries .

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Manufacturers Southern leased high-tech electronic equipment from Edison Leasing on January 1, 2021.
Edison purchased the equipment from International Machines at a cost of $135,990. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Related Information:
Lease term 2 years (8 quarterly periods)
Quarterly rental payments $18,200 at the beginning of each period
Economic life of asset 2 years
Fair market value of asset $135,990
Implicit interest rate 8% (Also lessee's incremental borrowing rate)\
Required: Prepare a lease amortization schedule and appropriate entries for Manufacturers Southern from the beginning of the lease through January 1, 2022. Amortization is recorded at the end of each fiscal year (December 31) on a straight-line basis.

Answers

The first step in preparing the lease amortization schedule is to calculate the present value of the minimum lease payments. Using the lessee's incremental borrowing rate of 8%, the present value of the lease payments is $32,287.

The lease amortization schedule for Manufacturers Southern is as follows: Date Lease Payment Interest Expense Lease Liability Equipment

1/1/21 - - $135,990 $135,990

3/31/21 $18,200 $8,639 $127,751 -

6/30/21 $18,200 $8,220 $117,771 -

9/30/21 $18,200 $7,779 $107,350 -

12/31/21 $18,200 $7,316 $96,466 -

12/31/21 $32,287 $1,971 - $32,287

At the end of the lease term, the lease liability will be reduced to zero, and the equipment will have a net book value of zero. The interest expense is calculated using the effective interest method, which uses the beginning lease liability balance multiplied by the incremental borrowing rate.The appropriate journal entries for Manufacturers Southern are as follows: 1/1/21: Lease Receivable $32,287, Equipment $135,990, Lease Liability $168,277

3/31/21: Lease Receivable $18,200, Interest Expense $8,639, Lease Liability $9,561

6/30/21: Lease Receivable $18,200, Interest Expense $8,220, Lease Liability $10,341

9/30/21: Lease Receivable $18,200, Interest Expense $7,779, Lease Liability $11,162

12/31/21: Lease Receivable $18,200, Interest Expense $7,316, Lease Liability $11,884

12/31/21: Cash $32,287, Lease Receivable $32,287

The lease receivable account is used to record the amortization of the lease liability over the lease term, and the lease liability account is used to record the present value of the lease payments. The equipment account is used to record the cost of the leased asset, and the interest expense account is used to record the interest cost of the lease liability. The cash account is used to record the payment of the residual value to the lessor at the end of the lease term.

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A monopolist faces a market demand curve given by QP) = 70 – p. Its total costs are described by TC(Q) = 4/300Q^3 – 5Q + 250. a) Derive the monopoly price, quantity, and profits. b) Calculate Lerner Index under the monopoly equilibrium. c) Now suppose the government sets the maximum price at $40. What output level and price level will the monopolist choose to maximize profits? What is the deadweight loss? d) Suppose the government sets the maximum price at $30. What output level and price level will the monopolist choose to maximize profits? What is the deadweight loss?

Answers

a) To derive the monopoly price and quantity, we need to find the profit-maximizing level of output for the monopolist. The monopolist maximizes profits by producing where marginal revenue (MR) equals marginal cost (MC).

First, we need to find the monopolist's marginal revenue. We can do this by taking the derivative of the demand function with respect to Q: MR = d(QP)/dQ = 70 - 2Q.

Next, we need to find the monopolist's marginal cost. We can do this by taking the derivative of the total cost function with respect to Q: MC = d(TC)/dQ = 4Q^2/100 - 5.

Setting MR equal to MC and solving for Q, we get:

70 - 2Q = 4Q^2/100 - 5

or

4Q^2 + 200Q - 10500 = 0

Solving this quadratic equation for Q, we get Q = 50. Therefore, the monopolist will produce 50 units of output.

To find the monopoly price, we can substitute Q = 50 into the demand function: P = 70 - Q = 70 - 50 = 20. Therefore, the monopoly price is $20 per unit.

To find the monopoly profits, we need to subtract the total cost of producing 50 units from the total revenue earned by selling 50 units:

TR = P x Q = $20 x 50 = $1000

TC = 4/300(50)^3 - 5(50) + 250 = $975

Therefore, the monopoly profits are $25.

b) The Lerner Index measures the extent of market power of the monopolist and is calculated as (P-MC)/P, where P is the price charged by the monopolist and MC is the marginal cost of production. In this case, the Lerner Index is:

(P-MC)/P = (20 - (4(50)^2/100 - 5))/20 = 0.5 or 50%

c) If the government sets the maximum price at $40, the monopolist will produce where MR = MC as before. However, the price will be set at the maximum allowed price of $40.

From the previous calculations, we know that the monopolist will produce 50 units of output. To find the price, we can use the demand function:

P = 70 - Q = 70 - 50 = 20 (this is the maximum price that can be charged)

Therefore, the monopolist will produce 50 units of output and charge $20 per unit, resulting in total revenue of $1000. The deadweight loss is the difference between the total surplus in the absence of the price ceiling (i.e., under monopoly) and the total surplus under the price ceiling. In this case, the deadweight loss is the triangle between the demand curve, the supply curve, and the vertical line at the quantity produced, which is 0.5 x ($40-$20) x 50 = $500.

d) If the government sets the maximum price at $30, the monopolist will produce where MR = MC as before. However, the price will be set at the maximum allowed price of $30.

From the previous calculations, we know that the monopolist will produce 33.33 units of output. To find the price, we can use the demand function:

P = 70 - Q = 70 - 33.33 = 36.67

Therefore, the monopolist will produce 33.33 units of output and charge $36.67 per unit, resulting in total revenue of $1222.

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FILL IN THE BLANK. In the early years of the mortgage, your payments are mostly ________, while in the last years they are mostly _________.interest; insuranceprincipal; interestprincipal; taxesinterest; principal

Answers

In the early years of a mortgage, payments are mostly allocated towards interest, while in the later years, they are mostly allocated towards the principal.

A mortgage is a type of loan used to purchase a property that is repaid through monthly payments over a set period, typically 15 or 30 years. These payments consist of both the principal amount borrowed and the interest charged for borrowing the money. The proportion of each component in every payment changes over time according to an amortization schedule.

At the beginning of the mortgage term, a larger portion of the payment goes towards interest, as the outstanding principal balance is higher. As payments are made, the principal balance decreases, and as a result, the interest portion of each payment becomes smaller. Toward the end of the mortgage term, the principal portion of the payment becomes larger since most of the interest has already been paid off.

This process of amortization guarantees that the loan will be fully repaid by the end of the mortgage term. Therefore, as time passes, there will be a gradual shift in the payment allocation, with mortgage payments primarily allocated to interest in the early years and to the principal in the later years.

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Software that businesses use to manage activities in both the internal and external operational environment is known as Enterprise Resource
Processing
Packet
Planning
Production

Answers

Software that businesses use to manage activities in both the internal and external operational environment is known as Enterprise Resource Processing. Thus, option A is correct.

With the use of a central database that compiles inputs from several departments, including accounting, manufacturing, supply chain management, sales, marketing, and human resources (HR), ERP is an application that automates company activities and offers insights and internal controls.

Every company has work to finish that involves many stakeholders with different responsibilities. However, it becomes difficult when the data required to carry out procedures and make crucial judgements is dispersed among disparate platforms. Employees struggle to locate the information they need and sometimes don't have access to it at all, regardless of whether the data is stored in spreadsheets or basic business management software. For instance, the accounting and FP&A teams might each have an own spreadsheet for tracking expenses that contains different data.

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H. Cochran, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $2,400,000. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be worthless. The project is estimated to generate $2,530,000 in annual sales, with costs of $1,550,000. Assume the tax rate is 25 percent and the required return on the project is 10 percent. What is the project’s NPV?

Answers

To calculate the NPV of the project, we need to determine the cash flows associated with the project for each year and discount them to the present value using the required rate of return.

Year 0:

Initial fixed asset investment: -$2,400,000

Year 1 to Year 3:

Sales: $2,530,000

Costs: -$1,550,000

Depreciation: -$800,000 ($2,400,000 / 3)

Taxable income: $180,000 ($2,530,000 - $1,550,000 - $800,000)

Taxes (25%): -$45,000

Net income: $135,000

Add back depreciation: $800,000

Net cash flow: $935,000 ($135,000 + $800,000)

Using the required rate of return of 10%, we can calculate the present value factor (PVF) for each year:

Year 0: PVF = 1

Year 1: PVF = 1 / (1 + 0.10)^1 = 0.9091

Year 2: PVF = 1 / (1 + 0.10)^2 = 0.8264

Year 3: PVF = 1 / (1 + 0.10)^3 = 0.7513

The present value of the cash flows can be calculated as follows:

Year 0: -$2,400,000

Year 1: $935,000 x 0.9091 = $849,500

Year 2: $935,000 x 0.8264 = $772,196

Year 3: $935,000 x 0.7513 = $702,646

The sum of the present value of the cash flows is $19,342. Therefore, the NPV of the project is:

NPV = Sum of present value of cash flows - Initial investment

NPV = $19,342 - $2,400,000

NPV = -$2,380,658

The negative NPV indicates that the project is not financially viable and should be rejected.

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Management is responsible for making the accounting estimates in the financial statements. estimates are based on subjective as well as objective factors and, as a result, judgment is required to estimate an amount at the financial statement date. in regards to accounting estimates made by management of a nonissuer, the auditor is responsible for:_____.
a. determining the accuracy of the estimate.
b. evaluating the reasonableness of the estimate.
c. neither i nor ii.
d. both i and ii.

Answers

In regards to accounting estimates made by management of a nonissuer, the auditor is responsible for evaluating the reasonableness of the estimate.

The responsibility for making accounting estimates lies with the management of a nonissuer. Accounting estimates are based on both subjective and objective factors, requiring judgment to estimate an amount at the financial statement date. However, the auditor's role is to independently assess the reasonableness of these estimates made by management.

The auditor evaluates the reasonableness of the accounting estimates by considering the methods and assumptions used by management, as well as reviewing relevant supporting documentation and evidence. The auditor examines the accuracy and appropriateness of the estimates and ensures they comply with the relevant accounting standards and principles.

While the auditor's responsibility includes evaluating the reasonableness of the estimates, it does not extend to determining the accuracy of the estimate. The auditor's role is to provide an independent opinion on the fairness of the financial statements as a whole, including the reasonableness of the accounting estimates made by management.

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Mr. Hamilton has 80,000 to invest in a tax-free fund and in a money market fund. The tax-free fund pays 7. 5%, and the money market pays 6. 8%. How much should he invest in tax-free to get a return of $5,709. 50

Answers

To determine how much Mr. Hamilton should invest in the tax-free fund, we can set up the following equation:

0.075x + 0.068(80,000 - x) = 5,709.50

Where:

x = amount invested in the tax-free fund

We subtract x from 80,000 because the remaining amount will be invested in the money market fund.

Let's solve the equation:

0.075x + 0.068(80,000 - x) = 5,709.50

0.075x + 5,440 - 0.068x = 5,709.50

0.007x = 269.50

x ≈ 38,500

Therefore, Mr. Hamilton should invest approximately $38,500 in the tax-free fund to get a return of $5,709.50.

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The term dissociation describes the
Multiple Choice
winding up and termination of a partnership.
filing of a tax return by a corporation.
addition of a new partner to an existing partnership.
separation of a partner from a partnership.

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The term dissociation describes the separation of a partner from a partnership.

Dissociation occurs when a partner ceases to be associated with the partnership, either voluntarily or involuntarily. This may occur due to a variety of reasons, such as death, retirement, expulsion, or bankruptcy of the partner. Dissociation does not necessarily result in the winding up and termination of a partnership, although it may lead to such an outcome in certain circumstances. Rather, it represents a change in the composition of the partnership and the relationship between the remaining partners.

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suppose that last year $1 u.s. exchanged for 1 euro. if this year $1 exchanges for 0.90 euro we can conclude that

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If $1 exchanges for 0.90 euro this year, it means that the euro has appreciated in value compared to the US dollar. In other words, it now takes more dollars to buy the same amount of euros than it did last year. Therefore, we can conclude that the US dollar has weakened in relation to the euro.

It can be calculated as follows:
1. Last year's exchange rate: $1 U.S. = 1 Euro
2. This year's exchange rate: $1 U.S. = 0.90 Euro
3. Compare the exchange rates: The U.S. dollar now exchanges for fewer Euros than it did last year.
4. Conclusion: The U.S. dollar has depreciated against the Euro.

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presidents reagan reduced marginal tax rates to promote work and business risk taking. true false

Answers

True, President Reagan reduced marginal tax rates as a part of his economic policy, known as Reaganomics, in order to encourage work and business risk-taking. This approach aimed to stimulate economic growth and investment.

President Reagan implemented several economic policies during his time in office, including reducing marginal tax rates. The idea behind this was that by lowering taxes on income and profits, individuals and businesses would have more incentive to work harder and take greater risks, which would ultimately stimulate economic growth. This policy is often referred to as Reaganomics, and while it has been the subject of much debate over the years, there is no denying that it had a significant impact on the U.S. economy during Reagan's presidency. So, to answer your question, it is true that President Reagan reduced marginal tax rates in order to promote work and business risk-taking.

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The Jenkins Corporation has purchased an executive jet. The company has agreed to pay $202,000 per year for the next 10 years and an additional $2,020,000 at the end of the 10th year. The seller of the jet is charging 8% annual interest. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) Determine the liability that would be recorded by Jenkins. (Round your answer to the nearest whole dollar.) Present value

Answers

To determine the liability that would be recorded by Jenkins, we need to calculate the present value of the payments. We can use the PV of $1 table to find the appropriate factor(s) for this calculation.

The annual payments of $202,000 for the next 10 years can be treated as an ordinary annuity. Using the PVA of $1 table, we find the factor for 8% annual interest and 10 periods to be 6.71008.

Therefore, the present value of these payments is:

$202,000 x 6.71008 = $1,357,675.36

The additional payment of $2,020,000 at the end of the 10th year can be treated as a future value. Using the FV of $1 table, we find the factor for 8% annual interest and 10 periods to be 2.15892.

Therefore, the present value of this payment is:

$2,020,000 ÷ 2.15892 = $934,345.61

To determine the total liability that would be recorded by Jenkins, we add these two present values together:

$1,357,675.36 + $934,345.61 = $2,292,020.97

Therefore, the liability that would be recorded by Jenkins for the purchase of the executive jet is $2,292,021 (rounded to the nearest whole dollar).

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This standard is set at a level that may be reached with reasonable effort.ideal standardattainable standardunattainable standardvariance from standard

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An attainable standard is set at a level that may be reached with reasonable effort. This means that the standard is challenging, but not impossible to achieve. It allows for some variance from the standard, as it acknowledges that there may be some variability in performance due to factors outside of an individual's control.

An ideal standard, on the other hand, is a theoretical level of performance that is not always achievable in practice. An unattainable standard is one that is set too high, and cannot be reached even with the best efforts.

Overall, setting an attainable standard is important for encouraging individuals to strive for improvement while also being realistic about what can be achieved. It allows for a sense of accomplishment when the standard is met, and can motivate individuals to continue to improve and reach higher standards. However, it is also important to recognize that there may be some variance from the standard due to factors outside of an individual's control, and that this is not necessarily a failure on their part.

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csh has ebitda of million. you feel that an appropriate ev/ebitda ratio for csh is . csh has million in debt, million in cash, and shares outstanding. what is your estimate of csh's stock price?

Answers

To calculate an estimate of the stock price, we would need additional information such as the EV/EBITDA ratio, the number of shares outstanding, and potentially other financial details.

How to calculate the estimate of csh's stock price

The EV/EBITDA ratio is used to value a company by comparing its enterprise value (EV) to its EBITDA. The ratio varies depending on factors such as industry, company size, growth prospects, and market conditions. Without a specific ratio provided, it is not possible to estimate the stock price accurately.

To estimate the stock price of CSH (assuming EBITDA is provided in the question), we need the appropriate EV/EBITDA ratio and the relevant financial figures. However, the question does not provide the EV/EBITDA ratio or the number of shares outstanding. Without this information, it is not possible to calculate an estimate of CSH's stock price.

To calculate an estimate of the stock price, we would need additional information such as the EV/EBITDA ratio, the number of shares outstanding, and potentially other financial details.

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47. Increased government spending reduces A. Unemployment but increases capital outflows B. Inflation but increases the budget deficit C. The trade deficit but increases inflation D. Unemployment but increases interest rates.

Answers

Increased government spending reduces  B. Inflation but increases the budget deficit . Option B

Increased government spending is often viewed as a tool to boost economic growth and create jobs. However, it can also have negative consequences such as inflation, budget deficits, and trade deficits. When the government spends more money than it collects in revenue, it can lead to a budget deficit.

This deficit can be financed through borrowing or printing more money, both of which can increase inflation. Inflation occurs when the supply of money exceeds the demand for goods and services, leading to higher prices.

Increased government spending can also lead to increased trade deficits. When a country imports more than it exports, it has a trade deficit. If the government increases spending on imports, it can lead to a larger trade deficit. This can harm domestic industries and lead to job losses.

On the other hand, increased government spending can also reduce unemployment by creating jobs. When the government spends money on infrastructure, education, and other public goods, it can create jobs and stimulate economic growth.

However, this can also lead to higher interest rates. When the government competes with private borrowers for funds, it can drive up interest rates.

In conclusion, increased government spending can have both positive and negative effects on the economy. It can boost economic growth and reduce unemployment, but it can also lead to inflation, budget deficits, and trade deficits. It is important for policymakers to weigh the costs and benefits of increased government spending and use it judiciously. Otion B is correct.

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Assume the economy is initially in both short-run and long-run equilibrium, as shown in the graph below. Now suppose that government regulators impose new clean air restrictions on firms, which increases expenditures for all firms.
a. Use the graph provided to show the effects on the short-run equilibrium as a result of this change in regulations. Draw the appropriate new AD curve or AS curve from the change in regulations.
b. Due to increased regulations for firms, the economy should experience:
i. Demand-pull inflation, since the increased regulations shift the aggregate demand curve to the right and cause prices to increase,
ii. Demand-pull inflation, since the increased regulations shift the aggregate supply curve to the right and cause prices to increase,
iii. Cost-push inflation, since the increased regulations shift the aggregate demand curve to the left and cause prices to increase,
iv. Cost-push inflation, since the increased regulations shift the aggregate supply curve to the left and cause prices to increase.

Answers

The imposition of new clean air restrictions on firms by government regulators will lead to an increase in expenditures for all firms. This will result in a shift of the aggregate supply curve to the left, leading to a decrease in output and an increase in prices. Therefore, we can conclude that the correct answer is "iv".

Cost-push inflation, since the increased regulations shift the aggregate supply curve to the left and cause prices to increase." This cost-push inflation will have a negative impact on the economy and result in a decrease in both short-run and long-run equilibrium levels of output and employment.

The increase in prices will also result in a decrease in purchasing power, leading to a decline in consumer spending. Overall, the new regulations will lead to a decrease in economic activity and could have negative consequences for the economy.

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