A Russian aluminum producer selling aluminum for less in the United States than in Russian because demand in the United States is elastic, whereas in Russia is less elastic is an example of price discrimination in international trade.
The practice of charging different prices to different customers for the same product or service is considered price discrimination. It is frequently utilized by established, larger businesses to profit from consumer supply and demand variations.
Is raising prices the best way to make more money?While charging too little can increase sales volume but reduce profits, charging too much can increase profits but reduce sales. Your task is to find a middle ground and create a situation where both you and your audience benefit. Pricing strategies can be helpful in this situation.
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Wealth, earnings, and disposable income are just three of several ways of looking at inequality. Imagine a household that earns $80,000 per year from labor. In that year, it also receives an income of $3,000 from investments, pays $12,000 in tax, and receives $7,000 in benefits from the state. Which of the following is an accurate statement of its market income and its disposable income?
a) $80,000; $68,000.
b)$83,000; $71,000.
c) $83,000 $78,000.
d) $80,000; $75,000.
The correct answer is option C. The market income and disposable income of the household is $83,000 and $78,000 respectively.
What is market income and disposable income and how to calculate it?Market income (revenue derived from labour and capital) is what remains after direct taxes are subtracted and social security contributions are made. Consumption taxes, in-kind services rendered to households by public and private organisations, and income flows attributable to property ownership are not included.
In other words we can say, disposable income is the amount of money left over after income taxes for a person or household to spend or save.
To calculate the disposable income, the income taxes you owe should be subtracted from your gross income. Your disposal income is represented by the remaining sum.
Here the market income is = $83,000
and the disposable income is = $78,000
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Analyze and record transactions for merchandise purchases using a perpetual system. Journal Entry A buyer uses a perpetual inventory system, and it purchased $4,000 of merchandise on credit terms of 2/10, n/30 on December 15, the buyer pays the invoice in full. Complete the buyer's necessary journal entry by selecting the account names and dollar amounts from the drop-down menus. The order of the account names in the journal entry must match the illustration set forth in this module. 5. Later, on Dec. 15
Dr. - Accounts Payable $4,000
Cr. - Merchandise Inventory $80
Cr. - Cash $3,920
Merchandise inventory (in American English) or stock refers to the goods and materials a business keeps on hand with the goal of reselling, manufacturing, or utilising them (in British English).
The location and shape of stocked commodities are the key concerns of inventory management. Prior to the regular and scheduled manufacturing and stocking of materials at various locations within a facility or at multiple sites of a supply network, it is important to take action.
The idea of inventory, stock, or work in process (or work in progress) has been extended from manufacturing systems to service businesses and projects by broadly defining it as "any work that is or has occurred prior to the completion of production."
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Babex Inc. and OMG Company entered into an exchange of real property. Here is the information for the properties to be exchanged. OMG FMV Adjusted tax basis Mortgage Babex $1,000,000 768,000 175,000 $825,000 514,500 -O- Pursuant to the exchange, OMG assumed the mortgage on the Babex property. Compute Babex's gain recognized on the exchange and its tax basis in the property received from OMG. Select one: a. No gain recognized; $768,000 basis in OMG property. b. $175,000 gain recognized; $768,000 basis in the OMG property. c. None of these choices are correct. d. $175,000 gain recognized; $943,000 basis in OMG property.
$175,000 gain recognized; $943,000 basis in OMG property is the correct option after computing Babex's gain.
What does this property mean?Property is something over which a person or a company has legal ownership. Property can refer to either intangible objects with the potential for future value, such as stock and bond certificates, or tangible items like homes, automobiles, or appliances.
Do assets equate to money?In addition to money and other tangible items of value, property also includes any intangible right regarded as a source or component of income or wealth. This also covers any property rights or interests that an individual owns exclusively over certain areas or items.
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carman wishes to exchange 10 acres of Iowa farm land in a like-king exchange. which of the following properties will qualify for the like-kind exchange treatment? a. New York office building b. tractor c. 35 hogs raised for slaughter d.personal residence in des moines which carman would use as her personal residence
New York office building is a like - kind exchange. ( Option A )
- To be eligible for a 1031 Exchange, both the property sold by New York investors and the replacement property they buy must meet specific criteria. Both properties must be kept for either investment or usage in a trade or business. For the qualities to qualify as "Like-Kind," they must be sufficiently similar.
- Investors and business owners can exchange property for "like-kind" property under Internal Revenue Code Section 1031 to postpone paying capital gains taxes on gains from the sale of business or investment property. The proceeds of the sale can then be used to purchase "replacement property."
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registered agents employed with a broker-dealer registered in state a regularly mail sales material to four clients in state b. the state a broker-dea
The state II. must be registered in State A and III. must be registered in State B
A registered agent is a person who is responsible for accepting legal documents on behalf of a broker-dealer. These documents might include summons, subpoenas, and other legal notices. For example: In the United States, registered agents are required to be registered with the Financial Industry Regulatory Authority and are subject to certain regulatory requirements.
In the given case, the firm would need to be registered in both State A and State B. It is only necessary to be registered in the state to which it directs mail; it is not necessary to be registered in states from where mail is received. Broker-dealers are not eligible for a de minimis exemption like the one that applies to investment advisers.
Complete Question
Registered agents employed with a broker-dealer registered in State A regularly mail sales material to 4 clients in State B. The State A broker-dealer need not register in State B until it has 5 or more
I. clients in State B
II. must be registered in State A
III. must be registered in State B
IV. must register in all states in which it receives any mail from clients
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Penelope wants to open a chain of Yoga studios but does not have the funds to do so. Penelope has not had any luck attracting large investors, so her friend suggests she try crowdfunding. Crowdfunding is a cooperative activity in which people network and pool funds and other resources via the Internet to assist a cause or invest in a venture. Penelope may raise money for her Yoga studios venture by crowdfunding as long as:
A. she does not prohibit the resale of the security.
B. she provides detailed offering information in all outside advertising.
C. sales of securities are no more than $1 million in any 12-month period.
D. she sells the funds on at least seven online sites.
Penelope may raise money for her Yoga studios venture by crowdfunding as long as sales of securities are no more than $1 million in any 12-month period.
Crowdfunding is a method of raising capital for ventures and enterprises. It makes it possible for fundraisers to use internet platforms to collect money from a big number of donors. Startup firms and expanding enterprises most frequently utilize crowdfunding as a method of gaining access to alternative capital.
Through investment crowdsourcing, a business can raise capital by soliciting a large number of supporters to contribute a little sum per investor. Backers obtain stock interests in the business in exchange.
Hence the correct option is C
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On a cold winter morning in 2006, Jeff Ryan sat in his office steaming over the faxhe had just received from his long-time distribution partner.
A distribution partner is a third party who has been given permission by a retailer to promote, distribute, and/or resell goods.
Because of their industry-specific knowledge, distribution partners set themselves apart from competitors on store shelves. In your sector, look for a distribution partner with a proven track record of brand development. A distribution marketing alliance is a type of partner marketing in which one brand uses the channels of distribution of another brand to sell its own goods and services. Direct and indirect distribution channels come in two varieties. Indirect distribution, as the names would suggest, occurs when a producer uses a wholesaler or retailer to sell their products, whereas direct distribution refers to a direct transaction between the manufacturer and the customer.
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Properties in California are assessed at which of the following events...?
A Survey of property
B Leasing of property
C Purchase or sale of property
D All of the above
Properties in California are assessed at C. Purchase or sale of property. The BOE's State Appraised Property Division (SAPD) is responsible for preparing value recommendations annually for each state appraiser.
Property is assets in the form of land and buildings as well as facilities and infrastructure which are an integral part of the intended land and/or building.
Property also means land and buildings. However, property can also be interpreted broadly in relation to the ownership of a person or group of people over an exclusive right.
In general, the shape of the property is as follows:
Real property (land).Personal wealth.Ownership of other physical goods.Intellectual property.The indicators and recommendations, which are developed annually from information provided by state appraisers, are used by the elected Board to determine the fair market value of the unitary property being appraised.
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which of the following is the process of learning how other firms do things in an exceptionally high-quality manner?
Answer: BenchMarking
in ____ calling, a salesperson gets a name from a directory and contacts that individual in person or by phone to possibly generate a lead.
In Cold calling, a salesperson gets a name from a directory and contacts that individual in person or by phone to possibly generate a lead.
Cold calling is a strategy used by salespeople to make contact with people who have not previously indicated interest in the goods or services being provided.
Cold calling often refers to telemarketing or telephone solicitation, but it may also relate to in-person interactions, as those with door-to-door salesmen.
Cold-call salespeople who succeed must be persistent and prepared to experience repeated rejection. They should thoroughly prepare by doing market and prospect demographic research in order to succeed. .
As a result, occupations that depend primarily on cold dialing frequently see significant turnover rates.
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Which of the following is the main reason why consumers, businesses, and public services are attracted to the CBD?
A) accessibility
B) congestion
C) cheap rent
D) security and safety
E) variety
Consumers, businesses, and public agencies are drawn to CBD because it is easily accessible.
What are the three kinds of services available in the CBD?Services, particularly public and business services, congregate in the CBD, as do some consumer services, particularly leisure. The CBD houses a considerable proportion of an urban area's public, commercial, and consumer services. Downtown is recognized as the primary commercial district (CBD). CBD includes consumer, commercial, and government services. The CBD is typically one of the city's oldest sections, and is frequently the original location of settlement. Because of its accessibility, the CBD attracts consumers, businesses, and public services. More than two-thirds (71%) of CBD users are millennials and Gen Xers. Knowing who these consumers are is imperative to accurately marketing to them.
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on january 1, 2021, badger inc. adopted the dollar-value lifo method. the inventory cost on this date was $100,100. the ending inventory, valued at year-end costs, and the relative cost index for each of the next three years is below: year-end ending inventory at year-end costs cost index 2021 $ 126,315 1.05 2022 143,440 1.10 2023 154,020 1.20 in determining the inventory balance for badger to report in its 12/31/2022 balance sheet:
The calculation for the inventory balance for Badger to report in its 12/31/2022 balance sheet is:
Beginning Inventory (January 1, 2021) + Purchases (2021-2022) - Cost of Goods Sold (2021-2022) = Ending Inventory (December 31, 2022)
Beginning Inventory (January 1, 2021): $100,100
Purchases (2021-2022): Purchase cost for 2021 x Cost Index 2022 = $126,315 x 1.10 = $138,546
Cost of Goods Sold (2021-2022): Cost of Goods Sold for 2021 x Cost Index 2022 = $100,100 x 1.10 = $110,110
Ending Inventory (December 31, 2022): $138,546 - $110,110 = $28,436
Therefore, the inventory balance for Badger to report in its 12/31/2022 balance sheet is $28,436.
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quality control charts usually have a central line and upper and lower control limit lines. which of the following is not a reason that the process being monitored with the chart should be investigated? a sudden and sustained shift in the plots toward the upper or lower control limit a single plot falls outside of the control limits a large number of plots are on or near the central line there is an upward trend in the plots
A) A single plot exceeds or decreases the control limits.
What does the upper and lower control limits in a control outline demonstrates?A corridor between the desired value or the normal deviation of a quality characteristic is formed by the Upper Control Limit (UCL) and the Lower Control Limit (LCL). The measured quality is deemed abnormal outside of the limitations of UCL and LCL, necessitating intervention in the relevant process.
In the control chart, what is the lower control limit?The number below which any individual data point would be considered out of statistical control due to special cause variation is referred to as the lower control limit on a control chart. The lower control limit is a line below the centerline.
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which of the following is true under monopolistic competition in the short run? multiple choice profits are always zero. p > mc. p
Profits are never positive. The fact that monopolistically competitive companies create particular geographical sets them apart from perfectly competitive businesses.
What is the greatest way to define profit?What Is Gain? Profit is the term used to describe the monetary profit achieved when the revenue from a business activity exceeds the costs, costs, and taxes associated with maintaining that activity.
What does the term "profit" mean?What is gain? The economic benefit a firm has when revenue exceeds expenditures and expenses is frequently referred to as profit. One cup of lemonade, for instance, cost a youngster at a lemonade stand one quarter. She then charges $2 for the beverage. She earned $1.75 profit on the cup of lemonade.
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The following Edgeworth box presents the indifference curves of two individuals, Brian and Eileen, with respect to two goods, oranges (vertical axes) and pears (horizontal axes). Each indifference curve is labeled with the utility level to which it corresponds, such that along the curve passing point A, Eileen's utility U(E) is equal to 3 and Brian's utility U(B) is equal to 8. The black line passing through points A, B, and C represents the contract curve. The following graph depicts the utility possibility frontier, such that Eileen's utility (as a function of her consumption of oranges and pears) is given by the vertical axis, and Brian's utility is given by the horizontal axis. Use the red point labeled A (cross symbol), orange point labeled B (square symbol), green point labeled C (triangle symbol), and grey point labeled D (star symbol) to represent Eileen's and Brian's utilities, given the allocations at points A, B, C, and D In the preceding Edgeworth box. The allocations at points A, B, and C are all Pareto efficient, because at all these points, neither individual can be made better off by reallocation without making the other worse off. True False
It is true, that the next Edgeworth box displays the indifference curves of two people, Brian and Eileen, in relation to two products, oranges (vertical axes) and pears (horizontal axes).
An item that resembles a line but is not required to be straight is a curve (sometimes known as a curved line in ancient writings).
A curve can be conceptualized as the trail left behind by a moving point. This definition can be found in Euclid's Elements, which was written more than 2000 years ago.
Modern mathematics has formalized this concept of a curve as follows: A curve is the continuous function's representation of an interval in a topological space. In certain instances, the curve is referred to as a parametric curve and the function that defines it as a parametrization.
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optics incorporated, a publicly traded eyewear business, places profits ahead of all other performance metrics. this practice . (check all that apply.)
The question specifies the Performance metrics. The answer is, this practice fails to take into account the idea of corporate social responsibility.
Performance criteria are data used to track processes within a business. This is achieved using conditioning, hand gesture, and productivity as crucial criteria.
These criteria are also used by employers to estimate performance. This is concerning an established thing similar to hand productivity or deals objects.
There are numerous different forms of performance criteria, including deals, profit, return on investment, client happiness, client reviews, particular reviews, overall quality, and character in a business. Performance criteria can vary vastly when viewed through different diligence. This practice conforms to the traditional notion of shareholder capitalism.
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g the accountant for mission inc realized depreciation that has not been recorded related to an asset put into production at the beginnong of 2025 it is now the end of the fiscal year in 2026 ignoring income tax effects correcting this error will require a prior period adjustment to
Since it is now the end of the fiscal year in 2026 and there are no income tax repercussions, G the accountant for Mission Inc. discovered depreciation that has not been recorded relating to an item put into production at the beginning of 2025.
Spreading the cost of acquisition over the years that the asset is in use is known as amortization or depreciation. You are not permitted to deduct the whole cost of an acquired asset for your business in the year of acquisition. You must amortize your investment as an alternative. Spreading the cost of acquisition over the years that the asset is in use is known as amortization or depreciation. In your income or company tax return over a number of years, you can write off a portion of the expenses.
Depreciation is an accounting technique for spreading out the expense of a tangible item over the course of its useful life. How much of an asset's value has been used is shown through depreciation. It enables businesses to purchase assets over a predetermined length of time and generate income from those assets. (Cost of an Asset - Residual Value)/Useful Life of an Asset is the formula for the straight line depreciation method. (Cost of Asset * Rate of Depreciation/100) is the formula for the diminishing balance method. Unit of Product Method: Useful life expressed in units produced = (Cost of an Asset - Salvage Value).
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Select True or False for the following statements about selling a draw game Lottery ticket.
You only need to use the Lottery terminal to sell a draw game Lottery ticket.
You use the Lottery terminal and POS to sell a draw game Lottery ticket.
Submit
True, because the lottery game itself its a jackpot
You only need to use the Lottery terminal to sell a draw game Lottery ticket True for the following statements about selling a draw game Lottery ticket.
What is the statement?Statements are sentences that express a fact, idea, or opinion. Statements do not ask questions, make requests or give commands. They are also not utterances. Statements are sentences that express a fact, idea, or opinion. Statements do not ask questions, make requests or give speech acts. They are also not exclamations.
The drawings used to select the winning numbers give draw games their name. Draw games offer a range of prize tiers, and most have jackpots that increase until a winner is found! You will receive a set of numbers when you purchase a draw game ticket, and your objective is to match those numbers to those that the lottery draws.
Multi-Draw refers to a feature of the game that enables players to choose Plays for up to twenty (20) successive Drawings commencing with the following scheduled Drawing on a single (1) Ticket. The price of a Multi-Draw Ticket is determined by the Player's choice of the number of Draws and wager size.
Therefore, The following statement regarding the sale of a lottery ticket for a draw game is accurate.
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identify and explain any items included in other information that need not be part of the auditors report
The auditor is not obligated by FASB to submit the company's other information.
An audit report is a document that provides a status update on the financial statements. This outlines the auditor's assessment of the financial statements after looking at the organization's internal controls. Investors and users of an organization can access this report to help them make wise decisions.
The auditor may include the supplemental information in financial reports, in accordance with FASB and GASB standards. Disclosures pertaining to the financial statements are included in this supplemental material. The management and investors can learn about the information that cannot be published in the financial statements by reporting this information.
Reporting on the financial statements and providing management with pertinent advice are the auditor's responsibilities. However, in some cases, FASB and GASB allow reporting on additional information in particular annual reports.
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talbot industries is considering launching a new product. the new manufacturing equipment will cost $14 million, and production and sales will require an initial $4 million investment in net operating working capital. the company's tax rate is 25%. enter your answers as a positive values. enter your answers in millions. for example, an answer of $10,550,000 should be entered as 10.55. round your answers to two decimal places.]
The initial investment outlay is $18.
An investment is an asset or item nonheritable with the goal of generating financial gain or appreciation. Appreciation refers to a rise within the price of an asset over time. Once a private purchases an honest as an investment, the intent isn't to consume the great however rather to use it within the future to make wealth.
Working capital is that the cash on the market to fulfill your current, short-run obligations. to create certain your assets works for you, you will need to calculate your current levels, project your future wants and take into account ways in which to create certain you mostly have enough money.
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talbot industries is considering launching a new product. the new manufacturing equipment will cost $14 million, and production and sales will require an initial $4 million investment in net operating working capital. the company's tax rate is 25%. enter your answers as a positive values. enter your answers in millions. for example, an answer of $10,550,000 should be entered as 10.55. round your answers to two decimal places. What is the initial investment outlay?
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sales to customers are 20% cash and 80% on credit. sales in june were $54,500. all credit sales are collected in the month following the sale. the june 30 balance sheet includes balances of $43,000 in cash and $4,600 in loans payable. a minimum cash balance of $43,000 is required. loans are obtained at the end of any month when the preliminary cash balance is below $43,000. interest is 1% per month based on the beginning-of-the-month loan balance and is paid at each month-end. any preliminary cash balance above $43,000 is used to repay loans at month-end. expenses are paid in the month incurred and consist of sales commissions (10% of sales), office salaries ($3,600 per month), and rent ($6,100 per month).
The true statement is that loans are obtained at end of any month when preliminary cash balance is below $43,000.
What is a cash balance?A cash balance scheme keeps fictional individual employee accounts for retirement purposes, in contrast to a defined contribution plan. The hypothetical nature of the individual accounts was key to the early adoption of such plans since it permitted the conversion of traditional plans without disclosing a plan termination. Over a lengthy period of time, the fixed rate of return earned by the employee accounts varies from year to year. Although it performs many of the same duties as a defined-contribution plan, legally speaking, it is a defined-benefit plan. The majority of these plans were derived from conversions of traditional defined-benefit plans. Conversion rates declined as a result of the ambiguous legal status of these schemes.
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which of the following, while desirable from some perspectives, might actually increase the risk of supply chain disruptions? (i) fewer supply chain partners (ii) a shorter supply chain (iii) greater supply chain visibility multiple choice i and iii only i only i, ii, and iii ii and iii only i and ii only
The supply chain becomes more risky when there are fewer suppliers because there is more concentration among suppliers.
Why are risks more prevalent in supply chains?It is brought on by entities in the chain not working well together and interacting with one another. A lack of visibility, a lack of "ownership," self-imposed "chaos," just-in-time practices, and inaccurate forecasts all contribute to these supply chain risks.
What exactly is supply chain supplier risk?Any risk that could have a negative impact on a client company's activities that is related to a supplier's operation or organization is known as supplier risk. Supplier risk management has been a major problem for procurement departments for a long time.
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suppose the government went from a budget deficit to a budget surplus. according to the open-economy macroeconomic model, this should have decreased both the supply of loanable funds and the supply of dollars in the market for foreign-currency exchange.
A price range surplus is whilst extra cash is left over in a budget after expenses are paid. A price range deficit happens when the federal authorities spends extra cash that it collects in revenue.
A finances surplus takes place while the proposed sales are more than the predicted prices. price range surplus = government's general earnings – government's overall expenditure.
A finances deficit takes place while cash going out (spending) exceeds cash coming in (sales) at some point of a defined length. In FY 2022, the federal government spent $6.27 trillion and accumulated $four.90 trillion in sales, resulting in a deficit.
A budget deficit happens when government prices exceed sales from taxes and different assets. despite the fact that the concept of a finances deficit applies to any company with running sales and prices, the term is maximum normally implemented to government budgets. Public financial savings are also called finances surplus.
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strategic leadership is a leader's ability to understand the complexities of both the organization and its environment and ______________
Strategic leadership is a leader's ability to understand the complexities of both the organization and its environment and to lead change in the organization.
Executives that practice strategic leadership create a vision for their company that will allow it to adapt to or remain competitive in a changing economic and technical environment employing various management techniques. In order to achieve change inside their organization, strategic leaders can use this vision to inspire staff members and departments by encouraging a feeling of unity and direction.
The major goals of strategic leadership are to improve strategic productivity, foster creativity, and create an environment that motivates staff to work hard, act independently, and advance their own ideas. To motivate staff members and assist them in achieving their objectives, strategic leaders occasionally use incentive or reward schemes.
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ataxia fitness center is considering an investment in some additional weight training equipment. the equipment has an estimated useful life of 5 years with no salvage value at the end of the 5 years. ataxia's internal rate of return on this equipment is 6%. ataxia's discount rate is also 6%. the payback period on this equipment is closest to (ignore income taxes.): click here to view exhibit 14b-1 and exhibit 14b-2, to determine the appropriate discount factor(s) using the tables provided.
Ataxia fitness center considers an investment in some additional weight training equipment. So, the payback period on this equipment is closest to 3.215 years.
Given,
Internal rate of return on the equipment = 6%.
Ataxia's discount rate = 6%.
The payback period on the equipment is considered to be closest to = ?
So, let the initial outlay be 50,000.
At the IRR, the Present Value of inflows = Present Value of the outflows.
Thus, the present value of annuity= Annuity1 - (1+interest rate)^-time period/rate
50,000 = Annuity1-(1.14)^-5/0.14
50,000 = Annuity * 3.2161156
Annuity = 50,000 / 3.2161156
= $15,551.54
Payback Period = Initial outlay / the annual cash flows
=(50,000 / 15,551.54)
= 3.215 years
Hence, Ataxia fitness center considers such an investment.
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dieter opens an account for $100,000 at east state bank. the account provides that its funds, which represent most of dieter's assets, are held in trust for flo, the bank employee who opens the account and who retains the card required to access it. less than a year later, dieter dies, and flo withdraws the funds. these facts indicate a living trust. a nuncupative will. descent by election. undue influence.
An irrevocable trust's grantor establishes the trust to bank and gives it money or other assets. The grantor, however, is unable to change or revoke the trust.
What does the term "bank" mean?a bank is a company that offers financial services and deals with currency and its alternatives. By taking deposits and extending loans, a bank acts as a middleman in the economy.
What was a bank's straightforward reply?A bank is a type of institution that is authorized to accept contributions for checking and savings accounts as well as to make loans. International exchange, CDs, security deposit boxes, and autonomous pension plans are a few of the additional services that banks offer.
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the market consensus is that analog electronic corporation has an roe of 10% and a beta of 1.50. it plans to maintain indefinitely its traditional plowback ratio of 4/5. this year's earnings were $2.1 per share. the annual dividend was just paid. the consensus estimate of the coming year's market return is 15%, and t-bills currently offer a 5% return.
Analog Electronic Corporation has an expected return on equity (ROE) of 10%, which is the average of all analysts' estimates. The beta of 1.50 indicates the stock is more volatile than the overall market, meaning it is more risky.
The company plans to maintain a traditional plowback ratio of 4:5, meaning it will retain four-fifths of its earnings and pay out one-fifth as dividends. Based on its current earnings of $2.1 per share, the company is expected to pay out a dividend of $0.42 per share. The consensus estimate of the coming year's market return is 15%, which is higher than the risk-free rate of 5%.
Overall, the combination of these factors suggest that Analog Electronic Corporation is likely to have an above-average return compared to the market, as its ROE is higher than the market average and its higher beta suggests it has the potential to produce higher returns if the market performs well. However, the company is more risky than the overall market and its return could be lower if the market does not perform as expected.
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Refer to Figure 15-9. The monopolist's maximum profit
A. $2000
B. $2500
C. $1600
D. cannot be determined by the graph
The graphic does not reveal the maximal profit (d) of the monopolist. is the best choice.
What is the monopoly's greatest profit?
Similar to a market place, where MR = Price = MC, we conclude that within a monopolistic, revenue is highest when MR=MC. You will recall that the quantity demanded is flat in a market where there is competition. It possesses a slope of 0.
As little more than a result, the MR curve, that is the gradient of this bend, likewise seems to have an inclination of zero (two zeros added together equal zero).
An oligopoly's likelihood of charging a price that is nearly fully competitively increases with the number of enterprises in the market.
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real estate professionals and their buyers should be particularly alert to evidence of the presence of an underground storage tank (ust), such as
Real estate agents and their purchasers should be especially vigilant for signs of an underground storage tank, such as fill pipes and tainted soil. Thus, the correct answer is to fill pipes and stained soil.
What is the significance of real estate?Real estate is land and buildings, as well as natural resources such as crops, minerals, or water; immovable property of this type; an interest in this piece of real property, structures, or dwellings in general. In law, real refers to land property and is distinct from personal property, whereas estate refers to a person's "interest" in that land property.
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The following data are for Sophie Wynn Company.
Variable cost per unit $12.50
Fixed costs $500,000
Calculate the selling price per unit that must be charged in order to generate a profit of $270,000 with a sales volume of 50,000 units.
$23.30
$17.90
$27.90
$24.90
$15.40
With a sales volume of 50,000 units, the selling price per unit that must be set in order to make a profit of $270,000 is $27.90. Option (c).
Costs that change as the volume increases are known as variable costs. Raw materials, piece-rate labor, production supplies, commissions, shipping expenses, packing costs, and credit card fees are a few examples of variable costs. The "Cost of Goods Sold" is the name given to the variable costs of production in some accounting statements.
An expense for the company that varies according on how much is produced or sold is called a variable cost. Depending on a company's production or sales volume, variable costs grow or fall. They climb as production rises and reduce as production declines.
First variable cost calculation
Added a fixed cost and Added revenue
Divide by the number of units.
Answer for step five: selling price per unit
Determine the selling price per unit.
Particular Amount
Variable cost per unit ( 12.5 × 50000) 6,25,000
Fixed cost 5,00,000
Desire profit 2,70,000
Total cost 13,95,000
÷ Number of units 50,000
Selling price per unit 27.9
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Correct Question:
The following data are for Sophie Wynn Company. Variable cost per unit $12.50, Fixed costs $500,000. Calculate the selling price per unit that must be charged in order to generate a profit of $270,000 with a sales volume of 50,000 units.
a. $23.30
b. $17.90
c. $27.90
d. $24.90
e. $15.40