1. as repairs on warranty items take place, the accrual account is ____. 2. auditors need to compare the percentage of claims accrued to current year ____. 3. with respect to auditing product warranty accruals, auditors should be alerted to changes in the client's ____sold. 4. when all of a company's products are sold with warranties, the balance in the accrual account should move ____ the balance in sales. 5. tax guidelines do not allow the ____ of the accrual for warranty claims.

Answers

Answer 1

1. As repairs on warranty items take place, the accrual account is reduced.

2. Auditors need to compare the percentage of claims accrued to current year sales.

3. With respect to auditing product warranty accruals, auditors should be alerted to changes in the client's products sold.

4. When all of a company's products are sold with warranties, the balance in the accrual account should move in proportion to the balance in sales.

5. Tax guidelines do not allow the reversal of the accrual for warranty claims.

1) The accrual account represents the estimated cost of future warranty claims, and as those claims are fulfilled, the actual cost becomes known and the accrual account is adjusted accordingly.

2) This helps ensure that the company is accurately estimating the cost of warranty claims and that the accrual account is not overstated or understated. Auditors may also compare the percentage of claims paid to the percentage of claims accrued to ensure that the company is appropriately fulfilling its warranty obligations.

3)This is because different products may have different warranty terms or different rates of warranty claims, which can affect the accuracy of the accrual account. Auditors may also consider changes in the company's warranty policies or any recent product recalls that could impact the accrual account.

4)This means that as sales increase, the estimated cost of future warranty claims also increases, and the accrual account should reflect this. However, if sales are increasing at a faster rate than the accrual account, this could indicate that the company is not accurately estimating the cost of warranty claims.

5) This means that if a company has estimated too much for warranty claims and later determines that the actual cost will be lower, they cannot reverse the excess accrual for tax purposes. Instead, they must adjust the accrual account and carry the excess forward to future tax years.

For more such questions on warranty

https://brainly.com/question/29376382

#SPJ11


Related Questions

What distinguishes a technology-follower country from a technology-leader country is: O a. The follower country has a more primitive culture. O b. The leader country wins fewer patents. c. The follower country must import more value-added products than the leader country. Od. The follower country has a longer history of industrial development.

Answers

The correct answer is d. The follower country has a longer history of industrial development.

This is because the development of technology and innovation is often closely tied to industrialization, and countries that have a longer history of industrial development are more likely to have the resources, infrastructure, and expertise needed to become leaders in technology. Additionally, technology-leader countries tend to invest heavily in research and development, which allows them to create and patent new technologies that can then be exported to other countries. Meanwhile, technology-follower countries may be more reliant on importing technology from other countries in order to keep up with the latest advancements.
A technology-follower country is distinguished from a technology-leader country primarily by the fact that the follower country must import more value-added products than the leader country. This is because technology-leader countries tend to have a more advanced industrial development and create innovative products, while technology-follower countries often rely on importing these products to meet their needs.

Learn more about industrial  here:

https://brainly.com/question/31158274

#SPJ11

The correct answer is (c) The follower country must import more value-added products than the leader country.


A technology-leader country refers to a nation that is at the forefront of innovation and has a strong capability in developing and commercializing new technologies. Such countries typically invest heavily in research and development, have a well-educated workforce, and offer a favorable environment for entrepreneurship and innovation. On the other hand, a technology-follower country is one that adopts existing technologies from other countries and tends to have less emphasis on R&D. This can be due to various factors such as a lack of resources or a less favorable business environment. Therefore, the main distinguishing factor between the two is the level of investment in R&D and innovation.

Learn more about technology leader country here:

https://brainly.com/question/30677577

#SPJ11

which of the following measures, equal to the estimated total market value of a reits underlying assets, allows investors to compare the value of a publicly traded security to the value of the properties that it holds in the private market? a. effective gross income b. net income c. funds from operations d. net asset value

Answers

The correct answer is d. Net Asset Value (NAV). The measure that allows investors to compare the value of a publicly traded security to the value of the properties that it holds in the private market is the net asset value (NAV).

The NAV is equal to the estimated total market value of a REIT's underlying assets minus its liabilities, divided by the number of outstanding shares. This gives investors a sense of the true value of the REIT's assets, which can be compared to the market price of the shares. Effective gross income, net income, and funds from operations are important measures for evaluating the financial performance of a REIT, but they do not directly provide information about the underlying asset values.


Net Asset Value allows investors to make this comparison by calculating the estimated total market value of a REIT's underlying assets, minus its liabilities, and then dividing that value by the number of outstanding shares. This provides an estimated value per share that can be compared to the publicly traded security's market price.

To know more about market value visit:

https://brainly.com/question/15148120

#SPJ11

the origination team should be seated a significant distance away from their market-facing peers to prevent sharing __________. this space is called the __________.

Answers

The origination team should be seated a significant distance away from their market-facing peers to prevent sharing sensitive information. This space is called the designated separation area.

The Chinese wall is a term used in the finance industry to describe the legal and regulatory barrier that separates different divisions of a financial institution to prevent conflicts of interest and ensure that confidential information is not improperly shared. In the context of investment banking, the Chinese wall typically refers to the separation between the bank's corporate finance and securities trading activities to prevent insider trading or other forms of market manipulation.

Read more about origination here:https://brainly.com/question/28268422

#SPJJ11

c. how does nestlé link rewards and incentives to strategically-important employee behaviors and the company’s targeted sustainability outcomes?.

Answers

Nestlé links rewards and incentives to strategically-important employee behaviors and targeted sustainability outcomes through a comprehensive system of recognition and rewards.

These rewards are based on performance, as well as employee contributions to the company’s sustainability goals. For example, Nestlé recognizes and rewards employees who take initiatives to reduce their energy consumption, minimize waste, and contribute to a sustainable supply chain.

Additionally, Nestlé provides rewards for employees who make suggestions for improving sustainability initiatives or participate in sustainability-related activities. This system of recognition and reward helps to motivate employees to contribute to the company’s sustainability objectives, and encourages employees to become more sustainable in their individual practices.

know more about company’s sustainability here

https://brainly.com/question/30091945#

#SPJ11

What kind of data do people need at each level of detail in order to support the work they do for their role in the supply chain? Suggest some ways companies can use this data to spot problems and improve their supply chain operations. Defend your answer using real-life situations, examples, or experiences. Answer with at least 250 words

Answers

Effective supply chain management requires different levels of information that support the work of people in different roles. These roles include purchasing manager, logistics manager, product manager and customer service manager. Each of these roles requires different types of data with varying degrees of accuracy to enable them to make informed decisions that optimize supply chain operations.

Purchasing managers need information on supplier performance, price trends and lead times to make informed decisions about purchasing the right materials at the right time and price. With accurate information about supplier performance, purchasing managers can quickly identify any issues that may affect the supply chain and take corrective actions. For example, if a supplier is late with deliveries, purchasing managers can plan accordingly and order materials earlier to avoid production delays.

Logistics managers need information about inventory levels, lead times and shipping costs to ensure that goods are delivered on time and at the lowest possible cost. With accurate traffic data, logistics managers can optimize routes and schedules to minimize transportation costs and ensure goods are delivered on time. For example, if a logistics manager knows that there have been delays on a certain transport route, he can adjust his delivery schedules accordingly to avoid potential problems.

Production managers need information about production capacity, machine utilization, and production schedules to ensure that production runs smoothly. With accurate information about production capacity and machine usage, production managers can identify potential bottlenecks and adjust production schedules to maximize efficiency. For example, if a particular machine has a lot of downtime, production managers can schedule maintenance or repairs to minimize production delays.

To know more about supply chain visit :

https://brainly.com/question/30086410

#SPJ4

A security that has a rate of return that exceeds both the U.S. Treasury bill rate and the market rate of return must:a. be a risk-free asset.b. be a risky asset with a standard deviation greater than 1.0.c. have a beta that is less than 1.0.d. be a risk-free asset with a beta less than .99.e. be a risky asset with a beta greater than 1.0.

Answers

A security that has a rate of return that exceeds both the U.S. Treasury bill rate and the market rate of return is said to have an excess return. Option (E) is correct answer.

Which indicates that the security has performed better than both a risk-free asset (U.S. Treasury bill) and the market portfolio. To achieve an excess return, the security must be riskier than the market portfolio.  Beta measures the systematic risk of an asset relative to the market portfolio, which has a beta of 1.0.

A security with a beta greater than 1.0 is riskier than the market portfolio and is expected to have a higher rate of return. However, it is important to note that a high beta also implies higher volatility and higher risk, which may not be suitable for all investors. Therefore, the correct answer is (E) be a risky asset with a beta greater than 1.0.

Learn more about treasury bill rate https://brainly.com/question/13095860

#SPJ11

A merger of two firms in the same industry that allows the companies to diversify or expand their products is a(n)

Answers

horizontal merger.A merger of two firms in the same industry that allows the companies to diversify or expand their products is a(n)

A horizontal merger occurs when two companies in the same industry, offering similar products or services, combine their resources to create a larger, more dominant entity. This type of merger often allows companies to expand their market share, achieve economies of scale, and increase their bargaining power with suppliers and customers.

Horizontal mergers can also lead to diversification of product offerings, which can help companies hedge against market risks and reduce dependence on a single product or market. For example, if two companies producing similar products merge, they may be able to offer a wider range of products and reduce the risk of relying on a single product line.

However, horizontal mergers can also raise antitrust concerns, especially if the merged entity becomes too dominant in the market, which could result in reduced competition and higher prices for consumers.

In summary, a horizontal merger is a strategy that allows companies in the same industry to expand their products and achieve economies of scale, but it also raises antitrust concerns.

Learn more about customers here:

https://brainly.com/question/13472502

#SPJ1

I had a really poor performance evaluation last week. It really made me think that I should give work more effort than I have been. This is an example of an authentic leadership factor that is a

Answers

This is an example of an authentic leadership factor known as self-awareness.

In the given scenario, you received a poor performance evaluation last week and it made you think that you should give more effort at work can be considered as an example of an authentic leadership factor that is related to self-awareness.

Authentic leadership includes factors such as self-awareness, relational transparency, balanced processing, and an internalized moral perspective. Self-awareness involves recognizing and understanding one's own strengths and weaknesses, as well as being open to feedback and self-reflection.

In this situation, the individual's poor performance evaluation prompted them to reflect on their work habits and recognize that they need to put in more effort. By acknowledging their shortcomings and taking steps to improve, they are demonstrating the self-awareness that is a key aspect of authentic leadership.

Learn more about Authentic leadership:

https://brainly.com/question/12975271

#SPJ11

how many years will it take for the dollar's purchasing power to be one-third what it is now, if the general inflation rate is expected to continue at the rate of 7or an indefinite period?

Answers

The general inflation rate continues at 7% for an indefinite period, it is difficult to predict exactly when the dollar's purchasing power will decrease to one-third of its current value. However, we can use the rule of 72 to estimate the number of years it would take for the purchasing power to decrease by one-third.

The rule of 72 states that if you divide 72 by the annual rate of return or inflation, the result is the approximate number of years it will take for an investment or currency's value to double or halve. In this case, we want to know when the purchasing power of the dollar will decrease to one-third, which is equivalent to a 67% decrease.

So, if the inflation rate is 7%, we can divide 72 by 7 to get approximately 10.3. This means that it could take around 10.3 years for the purchasing power of the dollar to decrease by 67% or one-third. However, please note that this is just an estimation and the actual timeline could vary depending on various economic factors.

Learn more about power here:

https://brainly.com/question/14379882

#SPJ11

A person who is currently unemployed is probably in which level of Maslow's Hierarchy? Multiple Choice Physiological need Safety need Social need Esteem need self-actualization

Answers

A person who is currently unemployed is likely in the physiological need level of Maslow's Hierarchy, as they may struggle to meet basic needs such as food, shelter, and healthcare without a steady income. Option A is correct.

Maslow's Hierarchy of Needs suggests that human needs are organized in a hierarchy, starting from the most basic physiological needs (such as food, water, and shelter) to the highest level of self-actualization. Since unemployment can lead to a lack of income and instability in obtaining basic needs like food and shelter, the person is likely to be in the physiological needs level.

This level is the foundation for higher levels, and until these basic needs are met, a person cannot progress to the next level. Once the physiological needs are satisfied, the person can move towards satisfying the next level of safety needs, which includes job security, financial stability, and access to healthcare.

Option A holds true.

Learn more about Maslow's Hierarchy: https://brainly.com/question/14396838

#SPJ11

a firm has the production function f(x, y) = 60x4/5y1/5. the slope of the firm’s isoquant at the point (x, y) = (40, 80) is (pick the closest one) a. 0.50. b. 4. c. 0.25. d. 8. e. 0.25.

Answers

The slope of the firm's isoquant at the point (x,y) =(40,80) is 8. The correct option to this question is D.

Slope

The marginal product ratio, or the slope of the isoquant, is expressed as

[tex]-\frac{fx_ }{fy} =-60*(4/5)*x^{-1/5}y^{1/5} /60*(1/5)*x^{4/5}y^{-4/5}= \frac{4y}{x}[/tex]

At (x,y)=(40,80) slope is

[tex]-\frac{4*80}{40} =-8[/tex]

In economics, an isoquant is a curve that, when displayed on a graph, displays all the possible pairings of two inputs that result in a particular output. Isoquants, which are frequently used in manufacturing, can display the ideal combination of inputs that will result in the most production at the lowest cost.

The isoquant curve is defined by a concave-shaped line graph that counts all the inputs that go into producing a certain amount of output.

An isoquant curve is a concave line drawn on a graph that displays all possible combinations of two inputs that yield the same amount of output. An isoquant often displays combinations of capital and labor as well as the technical trade-off between.

For more information on isoquant curve kindly visit to

https://brainly.com/question/17354461

#SPJ1

as a computer programmer, maria knows almost instantly if one of her work projects has been successful.

Answers

Maria may have a good idea of whether a project is successful or not based on the specific goals and criteria established for the project.

For example, if the project was to create a software application that performs a certain function, Maria may be able to quickly determine if the application is working as intended and meeting the required specifications. However, the success of a project may also depend on factors beyond its technical functionality, such as user acceptance, scalability, and long-term maintenance needs. These factors may take more time to evaluate and may involve ongoing testing and feedback from users and stakeholders.

Overall, the ability to determine the success of a project quickly may depend on the specific project, its goals, and the criteria established for measuring its success.

Learn more about stakeholders here:

https://brainly.com/question/30463383

#SPJ11

quince corporation has provided the following information: operating revenues from customers were $310,550. operating expenses for the store were $177,500. interest expense was $14,900. gain from sale of plant and equipment was $5,500. dividend payments to quince's stockholders were $12,650. income tax expense was $56,750. prepaid rent was $4,500. how much was quince's net income?

Answers

Quince Corporation's net income for the given period is $54,250. Quince Corporation's net income can be calculated by subtracting all of the expenses and dividend payments from the operating revenues.

Therefore, the net income of Quince Corporation is:
Net Income = Operating Revenues - Operating Expenses - Interest Expense + Gain from Sale of Plant and Equipment - Dividend Payments - Income Tax Expense
Net Income = $310,550 - $177,500 - $14,900 + $5,500 - $12,650 - $56,750
Net Income = $54,250
Therefore, Quince Corporation's net income for the given period is $54,250. This net income will be subject to income tax. The corporation may choose to retain some of the net income for reinvestment in the business or distribute it to shareholders in the form of dividends. The dividend payments made by Quince Corporation to its stockholders are included in the calculation of net income. The income tax expense is also included in the calculation of net income and represents the amount of taxes that the corporation owes on its taxable income.

Learn more about dividends here: brainly.com/question/29510262

#SPJ11

1.If you were considering investing in a company, what non-financial information related to the company would you want to learn about? Why?
2.If you were a majority shareholder in a company, would you be willing to spend a considerable amount of money (which could otherwise be productively invested) to track and report non-financial information? Why?

Answers

1. If you were considering investing in a company, what non-financial information related to the company would you want to learn about?

ANSWER: When considering investing in a company, investors may want to gather non-financial information related to the company's management team, corporate culture, competitive landscape, and industry trends. The experience and track record of the company's management team can be an important factor in determining the company's long-term prospects. A positive corporate culture can lead to increased productivity, innovation, and employee satisfaction.

Suppose a stock had an initial price of $84 per share, paid a dividend of $1.50 per share during the year, and had an ending share price of $92.Compute the percentage total return.(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

The percentage total return for this stock is 11.31%. Note that we rounded the answer to 2 decimal places as requested.

To compute the percentage total return, we need to first calculate the total dollar return.

Total dollar return = (Ending share price + Dividend per share) - Initial price
= ($92 + $1.50) - $84
= $9.50

Then, we can calculate the percentage total return by dividing the total dollar return by the initial price and multiplying by 100.

Percentage total return = (Total dollar return / Initial price) x 100
= ($9.50 / $84) x 100
= 11.31%

Therefore, the percentage total return for this stock is 11.31%. Note that we rounded the answer to 2 decimal places as requested.

Learn more about  stock here

https://brainly.com/question/29750557

#SPJ11

Alden Co.'s monthly unit sales and total cost data for its operating activities of the past year follow. Management wants to use these data to predict future fixed and variable costs. Month Units Sold Total Cost MonthUnits Sold Total Cost 1 320,000 $160,000 7 340,000 $220,000 2 160,000 100,000 8 280,000 160,000 3 280,000 220,000 9 80,000 64,000 4 200,000 100,000 10 160,000 140,000 5 300,000 230,000 11 100,000 100,000 6 200,000 120,000 12 110,000 80,000 Predict future total costs when sales volume is (a) 200,000 units and (b) 300,000 units. Predictions Sales (units) 200,000 300,000 Variable costs Fixed costs Total $ 0 $ 0

Answers

(a) Future total cost at a sales volume of 200,000 units is $120,000. (b) Future total cost at a sales volume of 300,000 units is $195,000.


In the given data, the total cost is made up of variable costs and fixed costs. Variable costs change with the change in units sold, whereas fixed costs remain constant. To predict future total costs, we need to identify the fixed costs and variable costs.Using the given data, we can calculate the total variable cost and fixed cost by using the high-low method. By subtracting the total cost of low sales from high sales and dividing the difference by the difference in units sold, we can calculate the variable cost per unit. Once we know the variable cost per unit, we can calculate the total variable cost at any given sales volume.
After calculating the variable cost, we can use the total cost equation to calculate the fixed cost. The total cost equation is: Total cost = Fixed cost + Variable cost per unit × Number of units sold.
Using these methods, we can calculate the future total cost at any given sales volume.

Learn more about high-low method here:

https://brainly.com/question/18651160

#SPJ11

Account for issuance of stock; prepare the stockholders’ equity section of a balance sheet) Colonel Sporting Goods is authorized to issue 18,000 shares of common stock. During a two-month period, Colonel completed these stock-issuance transactions:
April 23- Issued 3,000 shares of $1.00 par common stock for cash of $14.50 per share.
April 12 -Received inventory valued at $14,000 and equipment with market value of $44,000 for 3,200 shares of the $1.00 par common stock.
Requirements
1.Prepare the stockholders’ equity section of Colonel Sporting Goods’ balance sheet for the transactions given in this exercise. Retained Earnings has a balance of $48,000. Journal entries are not required.

Answers

The stockholders' equity section of Colonel Sporting Goods' balance sheet after the two transactions would be as follows:

Common stock, $1.00 par value, 3,000 shares authorized, 6,200 shares issued and outstanding   $6,200
Additional paid-in capital   $unknown
Retained earnings   $48,000
Total stockholders' equity   $149,500

To account for the issuance of stock and prepare the stockholders' equity section of Colonel Sporting Goods' balance sheet, we need to consider the following transactions:

1. Issuance of 3,000 shares of $1.00 par common stock for cash of $14.50 per share.
The total amount of cash received from this transaction is $43,500 ($14.50 x 3,000 shares). The par value of the common stock issued is $3,000 ($1.00 x 3,000 shares). The remaining amount of $40,500 ($43,500 - $3,000) is recorded as additional paid-in capital. Therefore, the stockholders' equity section of the balance sheet would be as follows:

Common stock, $1.00 par value, 3,000 shares authorized, 3,000 shares issued and outstanding   $3,000
Additional paid-in capital   $40,500
Retained earnings   $48,000
Total stockholders' equity   $91,500

2. Receipt of inventory valued at $14,000 and equipment with market value of $44,000 for 3,200 shares of $1.00 par common stock.
The total value of the inventory and equipment received in exchange for the 3,200 shares of common stock is $58,000 ($14,000 + $44,000). The par value of the common stock issued is $3,200 ($1.00 x 3,200 shares). The fair value of the common stock issued is not given, so we cannot determine the amount of additional paid-in capital. However, we know that the total stockholders' equity must equal $91,500 (as calculated in transaction 1) plus the value of the inventory and equipment received. Therefore, the stockholders' equity section of the balance sheet would be as follows:

Common stock, $1.00 par value, 3,000 shares authorized, 6,200 shares issued and outstanding   $6,200
Additional paid-in capital   $unknown
Retained earnings   $48,000
Total stockholders' equity   $unknown + $58,000 = $149,500

Learn More about stockholders here :-

https://brainly.com/question/18523103

#SPJ11

how many main points does the speaker cover in this presentation outline? two points three points six points

Answers

The answer is two points.

The speaker covers two main points in this presentation outline: the benefits of using renewable energy and the challenges of transitioning to renewable energy.

Each point is supported by subpoints and examples to provide a comprehensive overview of the topic. By structuring the presentation in this way, the speaker can effectively communicate the importance of renewable energy and provide a clear understanding of the obstacles that need to be overcome in order to achieve widespread adoption.

For more questions like Energy click the link below:

https://brainly.com/question/1932868

#SPJ11

Consider the table. Assume that the subject property has effective gross income of $53,000 and a NOI of $27,500. What value would a cap rate approach yield (rounded to the nearest $100)? Comp 1 Comp 2 Comp 3 Price $ 300,000 $ 350,000 $ 375,000 Effective gross income 50,000 55,000 60,000 % operating expense 50 % 55 % 54 % NOI $ 25,000 $ 24,750 $ 27,600

Answers

This average cap rate and the subject property's NOI to estimate its value:

Value = NOI/Cap rate = $27,500/0.0792 = $347,222. Rounded to the nearest $100, the estimated value using a cap rate approach would be $347,200.

To calculate the cap rate, we need to divide the NOI by the sale price. Using the subject property's numbers, we get a cap rate of 9.17% ($27,500 divided by an assumed sale price of $300,000).

Now we can use the cap rates of the comparable properties to estimate the value of the subject property.

For Comp 1: Cap rate = NOI/Price = $25,000/$300,000 = 8.33%

For Comp 2: Cap rate = NOI/Price = $24,750/$350,000 = 7.07%

For Comp 3: Cap rate = NOI/Price = $27,600/$375,000 = 7.36%

To get a rough estimate of the subject property's value using a cap rate approach, we can take the average of the cap rates of the comparable properties:

(8.33% + 7.07% + 7.36%)/3 = 7.92%

Now we can use this average cap rate and the subject property's NOI to estimate its value:

Value = NOI/Cap rate = $27,500/0.0792 = $347,222. Rounded to the nearest $100, the estimated value using a cap rate approach would be $347,200.

Learn more about average cap rate here

https://brainly.com/question/31362381

#SPJ11

the figure represents the marginal utility janet receives when she consumes bottled water and soda. the prices of bottled water and soda are both $1 each. janet has $2 to spend and consumes 2 bottles of water and no soda. what mix of bottled water and soda would maximize janet's utility?

Answers

The mix of bottled water and soda that would maximize Janet's utility is 2 bottles of water and 1 bottle of soda.

To answer this question, we need to look at the marginal utility of both bottled water and soda. Marginal utility refers to the additional satisfaction or benefits that a consumer gets from consuming one more unit of a good.
Based on the figure, we can see that the marginal utility of bottled water is higher than the marginal utility of soda at the first two units of consumption. This means that Janet will get more satisfaction from drinking bottled water than soda when she consumes the first two units of each.
Since Janet has $2 to spend and bottled water and soda cost $1 each, she can only afford to buy two units of either bottled water or soda or one unit of each. Since Janet already consumes two bottles of water and has no soda, she should consider buying one unit of soda to see if it would increase her overall utility.
Assuming that the marginal utility of soda remains constant, Janet's total utility would increase if she bought one bottle of soda in addition to her two bottles of water. This is because the marginal utility of soda is positive and Janet has not yet reached the point of diminishing marginal utility for soda.
Therefore, the mix of bottled water and soda that would maximize Janet's utility is 2 bottles of water and 1 bottle of soda.

Learn more about marginal utility here: brainly.com/question/15561406

#SPJ11

lisa consumes only two goods, pizzas and burritos. in equilibrium, her marginal utility per slice of pizza is 25 and her marginal utility per burrito is 11.

Answers

In equilibrium, if a slice of pizza costs $3, then the price of a burrito must be $1.50.

To find the price of a burrito, we'll use the concept of marginal utility per dollar for both goods to determine the equilibrium. According to the information provided,  Lisa's marginal utility per slice of pizza is 26, and her marginal utility per burrito is 13. A slice of pizza costs $3.

In order to determine the price of a burrito, follow these steps:

1: Calculate Lisa's marginal utility per dollar for pizza.

Marginal utility per dollar = Marginal utility / Price

For pizza: 26 / $3 = 8.67

2: Since Lisa is in equilibrium, her marginal utility per dollar for both goods must be equal. Therefore, her marginal utility per dollar for burritos should also be 8.67.

3: Calculate the price of a burrito.

Price of burrito = Marginal utility per burrito / Marginal utility per dollar

Price of burrito = 13 / 8.67 ≈ $1.50

In equilibrium, the price of a burrito must be approximately $1.50.

Note: The question is incomplete. The complete question probably is: Lisa consumes only two goods, pizzas and burritos. In equilibrium, her marginal utility per slice of pizza is 26 and her marginal utility per burrito is 13. If a slice of pizza costs $3, then the price of a burrito must be ____.

Learn more about Marginal utility:

https://brainly.com/question/14797444

#SPJ11

When a manufacturer sells a product to a retailer, the retailer's cost is _____ what the consumer pays for it. a. much less than b. a little less than c. insignificant compared to d. unrelated to

Answers

The retailer's cost is a. much less than what the consumer pays for it. This difference allows retailers to cover their expenses and make a profit.

When a manufacturer sells a product to a retailer, the retailer's cost is much less than what the consumer pays for it.

This price difference, known as the markup, allows the retailer to cover operational costs such as rent, utilities, employee wages, and marketing, while also generating a profit.

The difference in cost is necessary for the retailer's financial sustainability, as they need to cover their expenses and invest in their business.

The consumer price also reflects any additional services or support provided by the retailer, such as customer service and convenient access to products. Thus, the correct option is a.

For more such questions on profit, click on:

https://brainly.com/question/24553900

#SPJ11

-the output is 1 million
-the equilibrium price of a one-year, $1000 bond is $950
-the money supply is 1 trillion
-the price level is 150
1. What is the interest rate in this economy?
a 4.67% b 5.52% c 5.26% d 5.76%

Answers

The interest rate in this economy Interest rate = 1000/Equilibrium price of bond - 1 = 1000/950 - 1 = 5.26%.

What is the current economic interest rate?

The amount that the lender charges the borrower over and beyond the principal amount is referred to as the interest rate. A person who deposits money in a bank or other financial institution also earns additional income in terms of the recipient, known as interest, taking into account the time value of money.

Why does the interest rate matter to the economy?

One of the most significant economic indicators is the interest rate since it affects people's propensity to borrow money. If interest rates are very high, borrowing money is expensive. It's significantly more affordable when they're low.

To Know more about financial institution

https://brainly.com/question/29641948

#SPJ1

Operating and financial constraints placed on a corporation by loan provision area. agency costs to the lenderb. interest rate costs to the firmc. necessary to control the risk of the firmd. agency costs to the firm

Answers

Operating and financial constraints placed on a corporation by loan provisions are necessary to control the risk of the firm and involve agency costs to the firm.

Loan provisions, such as covenants and restrictions, help lenders manage their exposure to risk when extending credit to a corporation. These provisions create agency costs for the firm because they require monitoring and enforcement efforts to ensure compliance with the terms set forth in the loan agreement.

By imposing these constraints, lenders can protect their interests and reduce the likelihood of default, thus controlling the risk of the firm.

While these provisions can impose additional costs on the borrower, such as increased interest rate costs or agency costs, they ultimately serve to maintain the financial stability and viability of the firm in the long term.

To know more about interest rate click on below link:

https://brainly.com/question/13324776#

#SPJ11

diversification (i.e. placing many smaller bets among a certain asset class) is a mitigation technique for which type of risk?

Answers

In general, diversification dreams to limit unsystematic risk.

What is the essential attain of diversification?

The essential gain of diversification is the: discount in the portfolio's entire risk. A stock's beta measures the: sensitivity of the stock's returns to those of the market portfolio.

Can market risk be eliminated in a stock portfolio by diversification?

Market threat can't be eradicated via diversification. Specific risk, or unsystematic risk, includes the performance of a precise protection and can be mitigated thru diversification. Market chance can also show up due to adjustments to hobby rates, alternate rates, geopolitical events, or recessions.

Learn more about diversification here:

https://brainly.com/question/18647091#SPJ1

The relevant range of operations includes extremely high and low levels of production that are unlikely to occur.a. Trueb. False

Answers

The given statement "The relevant range of operations includes extremely high and low levels of production that are unlikely to occur" is false.

The relevant range of operations refers to the range of activity levels in which a company operates, where the company's fixed and variable costs behave in a predictable manner. The relevant range is the range of activity levels over which the company can change its variable costs while maintaining a constant level of fixed costs.

In other words, the relevant range is the range of production or sales levels where the company's costs can be accurately predicted, and the cost behavior is consistent. The relevant range is important because it helps management make decisions about pricing, product mix, and other operational activities.

The relevant range of operations does not include extremely high and low levels of production that are unlikely to occur because the costs associated with these levels of activity are likely to be different than those incurred during the normal range of operations. The behavior of costs may change significantly outside the relevant range due to the emergence of new types of fixed or variable costs, which could result in inaccurate cost analysis and wrong decision-making.

Therefore, the relevant range of operations typically excludes extremely high and low levels of production that are unlikely to occur and instead focuses on the range of production levels where cost behavior is consistent and can be accurately predicted.

Learn more about the Relevant range: https://brainly.com/question/13296648

#SPJ11

Using the available data suggests that on averages wages change about
(a) once every 3 months
(b) once a month
(c) once every two years
(d) once a year

Answers

Based on the available data, it is suggested that on average, wages change about (d) once a year.

This typically occurs during annual performance reviews or adjustments due to inflation and cost of living changes.

However,

this may vary depending on the industry, company policies, and individual performance.

A wage is the sum of money that an employer pays an employee for work that was completed within a certain time frame.

The minimum wage, prevailing rate, annual bonuses, and remunerative rewards like prizes and tip payments are a few examples of wage payments.

Employees receive financial remuneration in the form of wages.

The amount of time the person works determines how much they are paid.

Meaning of the word "employee" A person who is paid to work for another person or business is an employee.

Workers just need to be paid to work by an employer (the person or firm that pays them) in order to be deemed workers;

they are not required to work a full-time schedule.

To know more about wages, click here:

https://brainly.com/question/13847060

#SPJ11

Topics >> Test Your Knowledge 9-13 Test Your knowledge 9-13 Ethical Considerations. How does society's concern for the environment affect a company's decisions about facility location and layout? Respond

Answers

The use of all the money invested in machinery and plant equipment is prevented by choosing a proper site. By reducing the company's overall cost of production, a smart location choice helps the business perform at its best.

Why is choosing the location of the facility necessary?

Cost, available infrastructure, labour expertise, governmental rules, and environment all play major roles for businesses operating in a global market. Customers, skilled workers, transportation, etc. are all easily accessible in the correct location.

What variables affect choosing where to build a facility?

Regional influences, community concerns, and site-specific influences are the key variables influencing location choices. The quality of life, amenities, attitudes, taxes, rules governing the environment, utilities, and development assistance are all considered to be community considerations.

To know more about environment affect a company's visit:-

https://brainly.com/question/14785864

#SPJ1

Pinkin Incorporated needs to determine a price for a new phone model. Pinkin desires a 25% markup on the total cost of the phone. Pinkin expects to sell 30,000 phones. Additional information is as follows:Variable Costs per Unit Fixed Costs (total) Direct materials 34 Overhead 85000
Direct labor 59 General and administrative 65000
Overhead 39 General and administrative 69 Using the total cost method what price should Pinkin charge?
Multiple Choice
$251.10
$257.50
$225.10
$237.50
$256.25

Answers

Variable cost refers to the cost that changes in proportion to the level of production or sales volume of a business.

In other words, as the level of production or sales increases, variable costs also increase, and as the level of production or sales decreases, variable costs also decrease.

To determine the price Pinkin should charge for the new phone model, we will follow these steps:
1. Calculate the total variable cost per unit
2. Calculate the total fixed costs
3. Calculate the total cost per unit
4. Apply the desired markup to find the price

Step 1: Calculate the total variable cost per unit
Direct materials: $34
Direct labor: $59
Overhead: $39
Total variable cost per unit = 34 + 59 + 39 = $132

Step 2: Calculate the total fixed costs
Overhead (total): $85,000
General and administrative: $65,000
Total fixed costs = 85,000 + 65,000 = $150,000

Step 3: Calculate the total cost per unit
Total variable cost per unit: $132
Total fixed costs: $150,000
Expected sales: 30,000 phones

Total cost per unit = (Total variable cost per unit) + (Total fixed costs / Expected sales)
Total cost per unit = 132 + (150,000 / 30,000) = 132 + 5 = $137

Step 4: Apply the desired markup to find the price
Desired markup: 25%

Price = Total cost per unit * (1 + Desired markup)
Price = 137 * (1 + 0.25) = 137 * 1.25 = $171.25

None of the provided options match the calculated price. Please double-check the given data and ensure it is correct. If there is a typo or mistake in the data, you can recalculate the price using the correct numbers and the same steps.

To learn more about “price” refer to the https://brainly.com/question/1153322

#SPJ11

How would you compare and contrast the liberal and conservative religious group's attitudes and priorities for healthcare? In contrast how would you compare and contrast bioethics and public health ethics?

Answers

contrast the attitudes and priorities for healthcare of liberal and conservative religious groups, as well as the differences between bioethics and public health ethics.Liberal religious groups tend to prioritize universal access to healthcare, emphasizing the importance of social justice and compassion for the marginalized.

They often support government-funded healthcare systems and policies that promote equal access to healthcare services for all individuals, regardless of their socio-economic background.
In contrast, conservative religious groups may prioritize individual responsibility and religious values in healthcare decisions. They might be more skeptical of government intervention and prefer a more market-driven approach to healthcare. Additionally, conservative religious groups might emphasize the importance of preserving traditional family values and religious beliefs when making healthcare decisions.

When comparing and contrasting bioethics and public health ethics, we can see some key differences. Bioethics focuses primarily on ethical issues related to the practice of medicine, research, and individual patient care. This field addresses topics such as patient autonomy, informed consent, and the use of experimental treatments. Bioethics aims to balance individual rights with the pursuit of medical advancement.

Public health ethics, on the other hand, deals with ethical considerations at the population level, examining the fair distribution of healthcare resources, disease prevention, and health promotion strategies. Public health ethics focuses on balancing the interests of individuals with the overall health of the community, considering topics such as vaccination policies, quarantine measures, and public health interventions.

I hope this helps you understand the differences between liberal and conservative religious groups' attitudes towards healthcare and the distinctions between bioethics and public health ethics!

Learn more about liberal  here:

https://brainly.com/question/9260210

#SPJ11

Other Questions
in a period of trade deficit, if domestic investment rises by $20 billion, private savings increases by $15 billion, and public savings decreases by $15 billion, then discuss the role of assumptions that decision makers must consider when relying on cvp analysis. 1) Assume that you mixed HCl and CuSO4 solutions. If a reaction would have occured, write an equation for the reaction. If no reaction occurs, explain why.2) Zn is less active than Mg. Write the equations describing what occurs when you mix: (shown below)a) Zn with 0.5M magnesium chloride, MgCl2. (If no reaction occurs, write "No Reaction")b) Mg with 0.5M ZnCl2. (If no reaction occurs, write "No Reaction")3) Explain which metal, Cu, Fe, or Al, would be most affected by acid rain?4) Will acidic foods cooked in a cast iron skillet become Fe2+ enriched because of a reaction between the acidic food and the skillet? Explain why. 6. If you were uncertain of the type of contact between the granite and the overlying fractured sandstone, which principle would allow you to determine it's nature? a. law of superposition. b. law of original continuity. C. law of original horizontality d. principle of inclusion e.faunal succession random variables x and y are independent exponential random variables with e[x]=e[y]=16.find the pdf of w=x y. H(1) = -10 h(2) = -2 h(n)= h(n-2) x h(-1) evaluate sequences in recursive form For Huffman code, is it possible that in an optimal code, a letter with lower frequency has a shorter encoding than a letter with a higher frequency? Explain why not, or provide a counterexample. To make 300 mL of oxygen at 20.0C change its volume to 250 mL, what must be done to the sample ifits pressure and mass are to be held constant? Which of the following characteristics or properties are SIMILAR betweenRNA Transcription and DNA Replication? Select ALL that apply.Using complementary base pairing to a DNA templateThe use of polymerases that add nucleotides in a 5' to 3' directionOccurs in the nucleusCopying of both a leading strand and lagging strandUses the base pair C-GUses the base pair A-UThe requirement that helicase unwinds double-stranded DNAThe use of DNA polymerase You want to obtain a sample to estimate how much parents spend on their kids birthday parties. Based on previous study, you believe the population standard deviation is approximately o = 78.5 dollars. You would like to be 95% confident that your estimate is within 2 dollar(s) of average spending on the birthday parties. How many parents do you have to sample? Hint: Video [+] n = Submit Question The area under a normal curve corresponding to a certain characteristic of the normal random variable may be interpreted in any of the following ways. Select all that apply. A. The area corresponds to the number of individuals in the population with the characteristic. B. The area corresponds to the probability that a randomly selected individual from the population has the characteristic. C. The area corresponds to the proportion of the population with the characteristic the ordinary least square estimators have the smallest variance among all the unbiased estimators. a. true b. false of the following, which typically would not be classified as a current liability? Multiple Choice a.A six-month bank loan to be paid with the proceeds from the sale of common stock. . b.Rent revenue received in advance. c.A long-term not payable maturing within the coming yeard.Estimated liability from cash rebate program Explain how proximity to Britain (or lack thereof) and economic activity of the region shaped the political development of each region What will you change in the age of discovery? Schumanns fascination with the virtuosity and showmanship of __ kindled a desire to do the same on the piano. what is the value of 12.5- 31/2 + 1 1/4 Test the series for convergence or divergence. [infinity]n=1(1)n+16n4 converges divergesIf the series is convergent, use the Alternating Series Estimation Theorem to determine how many terms we need to add in order to find the sum with an error less than 0.00005. Which is an appropriate way to minimize cyber bullying To calculate the variance of a portfolio consisting of 5 stocks, you would need to calculate____variance terms and _____covariance terms.5,5 ; 5,10 ; 25,25 ; 25,10 ; 10,10