Contingency contracting involves the distribution of rewards, penalties, and punishments with the aid of a written contract constructed between two or greater parties.
What is a contingency contract in a negotiation?A contingent contract eliminates the need to come to an agreement. By allowing events to bet on their predictions, a contingent contract enables events to “live with” their differences. A contingent contract makes commitments self-enforcing by way of disposing of the want to reconvene or renegotiate when a shock crops up.
What makes a excellent contingency contract?In a contingency contract, the assignment defines exactly what behavior a character ought to interact in to get right of entry to the reward. It need to consist of what desires to be done, who need to do it, when it should be carried out and details with how it must be done. It must be very clear and precise for all parties.
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https://brainly.com/question/2364433#SPJ4In the current year, Sandra rented her vacation home for 75 days, used it for personal use for 22 days, and left it vacant for the remainder of the year. Her income and expenses before allocation are as follows: What is Sandra's net income or loss from the rental of her vacation home? Use the Tax Court method. (Round your intermediate computations to 5 decimal places and final answers to nearest whole dollar value.)
The net income or loss of Sandra's from the rental of her vacation home is $18,000 net income.
The revenue from the property must be declared by the taxpayer on Schedule E. They must also claim any and all payments relating to the property that are made for either business or personal usage in addition to the rent due. The security deposit, however, does not count as income if it is returned to the tenant. $18,000 in rental revenue; 2,500 in property taxes; 3,500 in mortgage interest; 1,100 in utilities; and 1,000 in repairs and upkeep.
You may deduct certain costs if you rent out a home or apartment and obtain rental money for doing so.
There can be restrictions on the rental expenses you can write off if you rent out a home that you also live in. If you occupy a dwelling for more days than the greater of the following throughout the tax year for personal purposes, you are deemed to utilize the dwelling as your primary place of abode.
14 days, or 10% of the total number of days, that you charge others a reasonable rental fee.
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The opportunity to earn a dollar in a factory just now is worth infinitely more than the opportunity to spend a dollar in an opera house.
"The opportunity to earn a dollar in a factory just now is worth infinitely more than the opportunity to spend a dollar in an opera house".- This is what BOOKER T. WASHINGTON said in his September 18, 1895 address given at the opening of the Atlanta Cotton States and International Exposition.
The Atlanta Exposition Speech is an address on the topic of race relations given by African-American scholar Booker T. Washington on September 18, 1895. The speech, presented before the audience at the Cotton States and International Exposition (site of today. Piedmont Park) in Atlanta, Georgia, has been recognized as one of the most important and influential speeches in history American history. The speech was preceded by the reading of a dedicatory ode written by Frank Lebby Stanton.
Washington began with a call to blacks, who made up a third of the population of the South, to join the working world. He declared that the South was where black people gave their time, not the North, especially in the world of business and commerce. He told the white audience that instead of relying on immigrants arriving at the rate of a million people a year, they should hire some of the country's eight million blacks. He praised the blacks' honesty, integrity and love in serving the white people, but warned that they could become a heavy burden to society if the oppression continues, saying The progress of the South was the most important for the treatment of black people and their protection. freedom.
He spoke of the discrepancy between legal business and social acceptance, declaring that "The opportunity to earn a dollar in a factory just now is worth infinitely more than the opportunity to spend a dollar in an opera house". Washington continues to promote segregation by claiming that blacks and whites can exist as the fingers of one hand.
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_____ refers to rules, procedures, and written documentation, such as policy manuals and job descriptions, that prescribe the rights and duties of employees.
a. Monopolization
b. Centralization
c. Formalization
d. Liberalization
The correct answer is c. Formalization refers to rules, procedures, and written documentation, such as policy manuals and job descriptions, that prescribe the rights and duties of employees.
Organizational structure is the management of individual and group activities within an organisation. To achieve company goals and objectives, individual effort must be managed and coordinated. The organisation ultimately becomes too large and complex to operate under formal, rigid procedures, leading to a "red-tape crisis" and a schism between headquarters and field managers. According to Greiner, firms typically encounter a leadership crisis since there are now no clear standards or standard operating procedures in place to carry out the work. At this time, there are often no tried-and-true techniques for getting things done.
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Suppose ABC, Inc., just paid a dividend of $0.50 per share. It is expected to increase its dividend by 5% per year. If the market requires a return of 10% on assets of this risk, how much should the stock be selling for?
The amount that the stock should be selling for equals to $10.50.
A stock price, also known as share price, is the price of single share of a number of saleable equity shares of a company. A stock price is also seen as highest amount someone is willing to pay for the stock or the lowest amount that it can be bought for.
The formula for determing current stock price P0 = D0(1+g) / (R - g) = D1/(R - g).
= 0.50*(1 + 0.05) / (0.10 - 0.05)
= 0.50*(1.05) / 0.05
= 0.525 / 0.05
= $10.50.
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Portions of the financial statements for Myriad Products are provided below.
MYRIAD PRODUCTS COMPANY
Income Statement
For the Year Ended December 31, 2018
($ in millions)
Sales $ 720 Cost of goods sold 252 Gross margin 468 Salaries expense $ 105 Depreciation expense 80 Patent amortization expense 5 Interest expense 20 Loss on sale of land 4 214 Income before taxes 254 Income tax expense 127 Net Income $ 127 MYRIAD PRODUCTS COMPANY
Selected Accounts from Comparative Balance Sheets
December 31, 2018 and 2017
($ in millions)
Year 2018 2017 Change
Cash $ 120 $ 112 $ 8 Accounts receivable 232 250 (18 )
Inventory 446 462 (16 )
Accounts payable 170 158 12 Salaries payable 86 98 (12 )
Interest payable 43 32 11 Income taxes payable 33 22 11 Required:
Prepare the cash flows from operating activities section of the statement of cash flows for Myriad Products Company using the direct method. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)
Cash Flow from Operating Activities (Direct Method)
Cash receipts from customers (Refer Note 1) $738
Cash payments to merchandise (Note 2) -$224
Cash payment for Salaries expense (refer note 4) -$117
Income Taxes paid (Refer note 6)-$116
Net Cash Flow from Operating Activities = $281
Note --- It is assumed that Interest Expense is a financing activity hence not taken in Operating Activity.
Note 1 -- Cash receipts from Customers
Beginning Accounts Receivable $250
Plus: Credit Sales made during the year $720
Less: Ending Accounts Receivable -$232
Cash Collected from Customers $738
Note 2 -- Cash payment for merchandise
Beginning Accounts Payable $158
Plus: Purchases made during the year (refer note 3) $236
Less: Ending Accounts Payable -$170
Cash Paid to Supplier during the year $224
Note 3 -- Purchase made during the year
Cost of Goods Sold $252
Plus: Ending Inventory $446
Less: Beginning Inventory -$462
Purchases made during the year $236
Note 4 -- Cash paid for salaries expense
Salaries Expense incurred during the year $105
Add: Beginning Balance $98
Less: Ending balance -$86
Cash paid for salaries expense $117
Note 5 -- Cash paid for Interest
Interest Expense incurred during the year $20
Add: Beginning Balance $32
Less: Ending balance -$43
Cash paid for interest $9
Note 6 -- Cash paid for Income Taxes
Income tax expense incurred during the year $127
Add: Beginning Balance $22
Less: Ending balance -$33
Cash paid for Income Taxes $116
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nrg inc. currently has $331 million of debt outstanding. it's cost of debt is 5.5% and its marginal corporate tax rate is 25%. estimate the tax shield for nrg at the end of the year (don't calculate the present value). express your answer in $-millions and round to two decimals (do not include the $-sign in your answer).
The Interest tax shield is 8274.94.
Outstanding debt is debt you owe to a someone or multiple creditors. Outstanding debt may be on a mastercard, consumer loan, car loan, student loan, or perhaps different varieties of balances together with tax debt. Your debt is taken into account outstanding till the balance (the quantity you owe) is totally paid off.
The cost of debt is that the effective charge per unit that a corporation pays on its debts, like bonds and loans. price|the value|the price} of debt will ask the before-tax cost of debt, that is that the company's price of debt before taking taxes into consideration, or the after-tax price of debt.
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There is a trend in many industries to hire more _____ than _____.
Full-time employees; freelancers
volunteers; experts
freelancers; full-time employees
experts; volunteers
Answer: d
Explanation: experts and volunteers
The Retirement Castle uses groups for ease of administration and management. They recently hired Jasper as their new accountant. Jasper needs access to all the files and folders used by the Accounting department. Which of the following should the administrator do to give Jasper appropriate access?A. Create an account for Jasper and add the account to the Accounting group.B. Give Jasper the password for the Guest account.C. Create an account for Jasper and use rule-based access control for accounting.D. Create an account for Jasper and add the account to the Administrators group.
Administrator to give Jasper appropriate access must create an account for Jasper and add the account to the Accounting group.
The first and foremost step that the Retirement Castle should take to give access to Jasper to create an account as everyone has their own account is better for security. For example, no one can access another account without their password. But it is also good for the personal organization of everyone's information. This means that your information will not be mixed with everyone else's information. All modern operating systems with the exception of some mobile operating systems, allow you to create an account for each user of the computer.
It is important to prevent access to your account because if a hacker steals your passwords, they can access your social media accounts, bank accounts, emails and other sensitive accounts that hold your personal information. If someone gets hold of this information, you can become a victim of identity theft.
As Jasper is appointed as an accountant and in order to get access to all the files and folders used by the Accounting department it is important to create an account and add the account to the Accounting group.
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The theory of comparative advantage shows that the gains from international trade do not just result from the absolute advantage of producing at lower cost, but also from pursuing comparative advantage and producing at a lower ________________.
A. opportunity cost
B. absolute cost
C. relative cost
D. comparative cost
According to the theory of comparative advantage, international trade benefits not only accrue from pursuing comparative advantage and producing at a lower opportunity cost but also from the absolute advantage of lower costs.
What is the hypothesis of near advantage in global exchange?An economy's ability to produce a particular good or service at a lower opportunity cost than its trading partners is called comparative advantage. When choosing between various production options, the theory of comparative advantage introduces opportunity cost as a consideration for analysis.
What advantages does comparative advantage provide?The ability to produce a good or service at a lower opportunity cost is a benefit of comparative advantage. Companies with a comparative advantage are able to sell goods and services at lower prices than their rivals, thereby increasing profitability and sales margins.
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Implication of Crowding Out
Bond financed fiscal policy will be most likely to be effective when the private sector is reluctant to save or invest.
Note: Your question is incomplete. What impact does crowding out have on the efficiency of fiscal policy?
An increase in public borrowing and spending that results in a decrease in private spending is known as the economic crowding-out effect. Businesses and individuals reduce their borrowing and spending because government borrowing raises the cost of private loans and consumes capital that could be used elsewhere.
According to an economic theory called the "crowding-out effect," declining private sector spending is caused by growing public sector spending. Both tax increases and borrowing are options the government has to increase spending.Higher taxes result in less money for spending by businesses and consumers. Bond sales are the primary method of government borrowing. It's possible that if individuals and institutional investors purchase those bonds, they won't have as much money available for private sector investment.In order to make bonds more appealing, the government may also raise interest rates. This could result in an increase in interest rates overall, which would deter private borrowing and spending.Hence, critics contend that the crowding-out theory is false and that, in some circumstances, the opposite happens — increased public spending encourages increased private spending, which boosts the economy.
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sharing point of sales (pos) data across the supply chain can help reduce the bullwhip effect because
Sharing point of sales (pos) data across the supply chain can help reduce the bullwhip effect because it allows each stage of the supply chain to use orders from the previous stage to forecast future demand.
Theoretical research has demonstrated that when providers are unaware of the demand distribution beforehand, exposure to POS data can result in a reduction in the bullwhip effect. In stable industries where the demand distribution is well-known, the advantage of sharing POS data is less obvious.
The Bullwhip effect is a distribution channel trend where estimates are the result of supply chain inefficiencies. As the supply chain expands, inventory swings are increasing as a result of changes in market demand.
By allowing each level of the supply chain to use orders from the previous stage to predict future demand, sharing POS data reduces the bullwhip effect.
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after the economic recession, the fishing industry suffered from a decline in sales. however, recent sales forecasts indicate that the upcoming season will produce a strong demand for fishing equipment. based on this, ray has decided to ramp up production this winter of both his fishing rods and boats, keep them in storage until the fishing sales season officially resumes, and hope that customers will buy them. this is an example of a strategy. group of answer choices supply pull push push-pull demand
Understanding how susceptible a business is to a recession is the first step in example developing a strategy for one.
What causes a downturn in the economy?Recessions can have a number of causes, but typically speaking, rising interest rates are the main offender. The conflict between Ukraine and Russia and how it has affected the price of goods and energy, which has led to higher inflation, are examples of non-standard events that the market is also concerned about.
What precisely takes place during a recession?During a recession, there is a decline in consumer spending, employment, and economic output. As the central bank lowers rates to stimulate the economy (like the U.S. Federal Reserve Bank), interest rates are expected to decrease.
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a monopolist produces an output level where marginal revenue equals marginal cost and charges a price where marginal cost equals average total cost. t/f
False, A monopolist charge a price where marginal revenue is equal to marginal cost.
How does a monopolist set his or her prices?The monopolist produces the quantity of the commodity that corresponds to the point of equilibrium of marginal revenue and marginal cost. The marginal cost is the change in total cost of production caused by increasing production by one unit. The monopolist's price is determined by the market demand curve. A monopoly will never set a price at a point on the inelastic region of the demand curve because marginal revenue would be negative at that point, causing the marginal revenue curve to be lower than the marginal cost curve. Because of a downward-sloping demand curve, a monopolist is free to establish either prices or output volumes, but not both. He cannot charge a high price and produce a large amount.
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the next summary statistic will calculate the principal paid after the first year. in cell b23, insert the cumprinc function that calculates the cumulative principal paid after the first year. use references to cells a8 and a19 for the period arguments.
An Excel financial function is the Cumprinic Function. The function aids in calculating the total principle paid on a loan or the total gain on an investment.
A fixed interest rate and payment schedule are presumptions made by the cumprinic function. cumprinic and Cumipnt are frequently used in tandem.
The part of repayment that lowers the total amount still owed on the loan is called the principle payment or principal paid. When a loan is due, it must be repaid using equivalent installments, which include two parts: an interest payment (which lowers the amount of interest charged on the loan), and a principle payment (directly reducing the loan amount due).
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which of these refers to the ability of one individual to elicit responses from another person that go beyond required or mechanical compliance?
Answer - Leadership. it is the capacity of one person to elicit reactions from another, that go above and beyond necessary or mechanical conformity.
Leadership is the ability to influence others' actions.
It can also refer to having the ability to influence a group of people in order to accomplish a specific goal.
Future visions must be developed, and leaders must inspire their followers to work toward the organization's goals.
Leadership is the ability to motivate a group of people to take action in pursuit of a common goal. In a work environment, this can mean organizing colleagues and staff around a strategy to meet organizational needs.
Even while some people seem to be more naturally gifted with leadership traits than others, anyone may develop certain skills to become a leader.
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An investor who commits a sizable portion of her portfolio to long-term AAA-rated bonds would be exposing herself to
A. purchasing power risk
B. Less market risk than if the portfolio were invested in money market instruments
C. uncertainty about the ability of the issuer to make timely payments of interest and principal
D. liquidity risk
Correct response is C. Uncertainty regarding the issuer's capacity to make timely principle and interest payments.
What are the interest and principal?The principal is the sum of money you initially promised to repay. The cost for borrowing the principal is interest. Any payment made on a car loan will typically be allocated first to almost any fees that are outstanding (for example, late fees).
Which is preferable, interest or principal payments?In speaking, you want to limit your payments to those that go toward the principal. It has been recommended to avoid paying the interest as often as feasible within the parameters of your loan because doing so will cost you more money.
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unlike hedging with futures, hedging with options group of answer choices locks in a particular price or rate of return for a hedger. exposes a hedger to a risk of large losses. allows a hedger to benefit from the upside potential of his spot position. is free (i.e., creating the hedge is costless) both b and c
The correct answer to the question about hedging is option C) permits a hedging trader to profit from the possible gains on his spot position. , is free (i.e., creating the hedge is costless)
A method known as a "hedge" aims to reduce the risk exposures of financial assets.
Taking stakes in derivatives that offset an existing position is a common hedging strategy.
Diversification is one strategy for building different types of hedges. The purchase of cyclical and countercyclical equities is one illustration.
Hedging is thought to improve the market's efficiency in addition to shielding an investment from different kinds of risk. A risk-reduction strategy has drawbacks of its own, so it's vital to keep that in mind. First of all, as was already mentioned, hedging is not flawless and does not ensure future success or the attenuation of losses.
Question
Unlike hedging with futures, hedging with options group of answer choices:
locks in a particular price or rate of return for a hedger.exposes a hedger to a risk of large losses.allows a hedger to benefit from the upside potential of his spot position. is free (i.e., creating the hedge is costless) both b and cTo learn more about hedging click here
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for each of the following situations, indicate what type of audit report is most appropriate.the auditor lacks independence in fact, but not necessarily in appearance.there is a scope limitation and it is material but the overall financial statements are still presented fairly.the uncorrected misstatements are immaterial.there is a departure from gaap and it is pervasively material.
If the auditor lacks independence in fact, but not necessarily in appearance then Disclaimer audit report is most appropriate. If there is a scope limitation and it is material but the overall financial statements are still presented fairly then Qualified audit report is most appropriate.
If the uncorrected misstatements are immaterial then Unqualified/Unmodified audit report is most appropriate. If the uncorrected misstatements are immaterial then Adverse audit report is most appropriate.
An auditor's qualified report states that, with an exception of some particular areas, the financials are fairly reported. A qualified audit report is still acceptable to lenders, creditors, and investors, unlike an unfavourable or disclaimer audit report.
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If Juanita reduces her portfolio's exposure to risk by opting for a smaller share of stocks, he must also accept a ______ (higher/lower) average annual return.
Suppose Juanita currently allocates 75% of her portfolio to a diversified group of stocks and 25% of her portfolio to risk-free bonds; that is, she chooses combination D. She wants to reduce the level of risk associated with her portfolio from a standard deviation of 15 to a standard deviation of 5. In order to do so, she must do which of the following? Check all that apply.
__Sell some of her stocks and use the proceeds to purchase bonds
__Accept a lower average annual rate of return
__Sell some of her bonds and use the proceeds to purchase stocks
___Place the entirety of her portfolio in bonds
The table uses the standard deviation of the portfolio's return as a measure of risk. A normal random variable, such as a portfolio's return, stays within two standard deviations of its average approximately 95% of the time.
Suppose Juanita modifies her portfolio to contain 25% diversified stocks and 75% risk-free government bonds; that is, she chooses combination B. The average annual return for this type of portfolio is 3.5%, but given the standard deviation of 5%, the returns will typically (about 95% of the time) vary from a gain of_____ to a loss of _____ .
Juanita must accept a lower average yearly return if she chooses to limit the amount of risk in her portfolio by selecting a smaller share of stocks.
The choices that apply are:
Sell some of her equities and invest the money in bonds.
Accept the change from a gain of 3.5+(2*5)=13.5% to a loss of 3.5-(2*5)=-6.5% in the average annual rate of return.
When presenting historical returns, such as the three-, five-, and 10-year average returns of a mutual fund, the average annual return (AAR) is a percentage. The operational expense ratio for the fund is listed before the average annual return.
Additionally, it does not include any sales commissions or brokerage costs on portfolio transfers. In its simplest form, the average annual return (AAR) measures how much money a mutual fund made or lost over a given period of time.
Investors considering a mutual fund investment usually review the AAR and contrast it with other closely relevant mutual funds as part of their mutual fund investment strategy.
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deborah is considering finding a new cellphone service provider because her current provider is raising its prices. however, for deborah the prospect of shopping around for a new provider that is cheaper and offers similar coverage sounds time-intensive and aggravating. deborah ultimately decides to stay with her current provider because .
Deborah ultimately decides to stay with her current provider because of the cost of switching providers.
Switching costs are the costs a customer pays as a result of changing brands or products. Switching costs may be monetary, psychological, effort-based, or time-based. There are two distinct types of switching expenses: high switching costs and low switching costs.
The expenditures associated with switching providers are known as switching costs. The more switching expenses there are, the harder it will be to persuade clients to make the transition. As the threshold for consumers to switch is raised, businesses with high switching costs are more likely to experience strong customer retention, i.e., declining churn rates over time.
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flint company purchaes an oil tanker depot on january 1 2020 at a cost of 2620000 for cash. flint expects to operate the depot for 10 years, at which time it is legally required to dismantle the depot and remove the underground storage tanks. it is estimated that it will cost 276000 to dismantle the depot and remove the tanks at the end of the depot's useful life.Prepare the journal entries to record the depot (considered a plant asset) and the asset retirement obligation for the depot on January 1, 2020, Based on an effective-interest rate of 6%, the present value of the asset retirement obligation on January 1, 2020, is $41,879. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit January 1, 2020 To record the depot) January 1, 2020 To record the asset retirement obligation) 559 AM 1302017
Asset retirement obligation will be $41879 and journal entry will be following.
Plant Assets Dr. 2620000
To Cash 2620000
Plant Assets Dr. 41879
To Asset Retirement Obligation 41879
An asset retirement obligation (ARO) is a term used in accounting to refer to a legal responsibility a corporation has to remove equipment or clean up hazardous materials when a tangible, long-lived asset is retired.
AROs ought to be included in a company's financial statements to provide a more precise and comprehensive snapshot of the entire value of the business.
Companies that build physical infrastructure that must be taken down before a land lease expires, like underground fuel storage tanks at petrol stations, are sometimes subject to asset retirement obligation accounting.
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For many aspiring public relations professionals, ______ job is the first position that comes to mind when they think about starting in the business.
For many aspiring public relations professionals, An agency job is the first position that comes to mind when they think about starting in the business.
Public relations experts strive to get their clients free publicity. Press releases giving the details required to produce a favorable story about the client are traditionally sent to journalists in order to accomplish this. Newspapers, radio stations, and TV networks (especially local ones) are constantly looking for new story concepts, especially those with a "human interest" slant.
A Public relations expert writes press releases that seem like a captivating news story and explain why his client's good, service, or background is significant. The objective is to satisfy the journalist's need for news while increasing the client's reputation.
Developing connections with journalists and other members of the media takes a lot of work for Public relations specialists. This is accomplished by investigating which journalists cover the client's sector of business or area of personal interest. To learn more about the kinds of stories the writer is looking for and how he prefers to receive story proposals, a Public relations specialist might get in touch with the journalist. A press release that is current, timely, from a reputable source, and tailored particularly to his interests is much more likely to be read by a journalist.
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(figure 61-3: a profit-maximizing monopoly firm) this profit-maximizing monopoly firm's cost per unit at its profit-maximizing quantity is:
A monopolistic market has no rivalry, meaning the monopolist controls the cost and amount requested. The degree of result that expands an imposing business model's benefit. The monopoly firm tries to boost benefits charges a $29 per unit cost. The right reaction is choice (a).
Organizations go through the course of benefit boosts to guarantee that the best degrees of result and costs are acknowledged to augment their profits.
The expression "profit maximization" alludes to the ideal result at which your business is generally productive.
In the figure, the benefit boost is at the point where
MR=MC
MC should cut MR from beneath.
That is, as of now, The cost charged by the restraining infrastructure firm is $29 and sells an amount of 220 units.
Hence option (A) is correct.
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This question is not complete , here I am attaching the complete question: Below I am attaching the figure:
(figure 61-3: a profit-maximizing monopoly firm) this profit-maximizing monopoly firm's cost per unit at its profit-maximizing quantity is: : a. $29. b. $20. c. $26. d. $35.
A company purchased $3,200 of merchandise on July 5 with terms 2/10, n/30. On July 7, It returned $900 worth of merchandise. On July 12, it paid the full amount due. Assuming the company uses a perpetual Inventory system, and records purchases using the gross method, the correct Journal entry to record the payment on July 12 is: Multiple Choice 0 Debit Merchandise Inventory $2.300: credit Cash $2,300. 0 Debit Cash $2.300: credit Accounts Payable $2,300. O Debit Accounts Payable $2.300: credit Merchandise Inventory $46: credit Cash $2.254. 0 Debit Accounts Payable $3.200: credit Cash $3,200. 0 Debit Accounts Payable $2,300: credit Cash $2,300.
The correct Journal entry to record the payment on July 12 is: Debit Accounts Payable $2,300; credit Merchandise Inventory $46; credit Cash $2.254.
account and explanation Debit Credit
Account payable (3200-900) 2300
Cash (2300*98%) 2254
Merchandise inventory 46
Every magazine access includes the records extensive to a unmarried business transaction, such as the date, the quantity to be credited and debited, a brief description of the transaction and the bills affected.
Transactions are broadly described as any financial interest that influences the commercial enterprise. they're not restrained to the buying and selling of products and offerings, but encompass any trade of economic price, which includes interest payments, depreciation, charges, or payroll.
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if the neoclassical argument that the economy always moves back to potential gdp is accepted, then which of the following will be more important?
If the neoclassical argument that the economy always moves back to potential gdp is accepted, then Encouraging long-term growth would be more inportant.
What is the neoclassical argument?Neoclassical economics contend that a product's pricing is determined by the consumer's estimation of its worth. Economic surplus is the term used to describe the gap between actual production costs and selling price.
The effective allocation of finite productive resources is the main focus of neoclassical economics. Long-term resource expansion that will enable increased production of products and services is also taken into account.
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if the neoclassical argument that the economy always moves back to potential gdp is accepted, then which of the following will be more important?
fighting unemployment
Encouraging long-term growth
total per set of covers direct materials $ 31,878 $ 15.40 direct labor $ 6,210 3.00 variable manufacturing overhead (based on direct labor-hours) $ 4,347 2.10 $ 20.50 during august, the factory worked only 500 direct labor-hours and produced 1,700 sets of covers. the following actual costs were recorded during the month: total per set of covers direct materials (5,000 yards) $ 25,500 $ 15.00 direct labor $ 5,440 3.20 variable manufacturing overhead $ 4,080 2.40 $ 20.60
The materials price variances for August is $ 13000.
What is variances?
Variance is the anticipated squared variation of a random variable from its population mean or sample mean in probability theory and statistics. Variance is a measure of dispersion, or how far apart from the mean a group of data are from one another.
Direct materials value the price of direct materials which might be simply known with the unit of production. as an example, {the value|the value|the price} of glass could be a direct materials cost in lightweight bulb producing. The manufacture of product or merchandise needed material because the prime component.
Direct labor value is a a part of wage-bill or payroll which will be specifically and systematically assigned to or related to the manufacture of a product, a selected work order, or provision of a service. Direct labor refers to any worker that's directly concerned within the producing of a product. If your business manufactures bicycles, the workers manufacturing the bicycles ar thought of direct labor.
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total per set of covers direct materials $ 31,878 $ 15.40 direct labor $ 6,210 3.00 variable manufacturing overhead (based on direct labor-hours) $ 4,347 2.10 $ 20.50 during august, the factory worked only 500 direct labor-hours and produced 1,700 sets of covers. the following actual costs were recorded during the month: total per set of covers direct materials (5,000 yards) $ 25,500 $ 15.00 direct labor $ 5,440 3.20 variable manufacturing overhead $ 4,080 2.40 $ 20.60. At standard, each set of covers should require 2.00 yards of material. All of the materials purchased during the month were used in production. Required: 1. Compute the materials price variances for August.
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which of the following are true? multiple select question. ideally, we should use book values in the wacc. ideally, we should use market values in the wacc. book values are often similar to market values for equity. book values are often similar to market values for debt.
The following statements are true:
Ideally, we should use market values in the WACC. Book values are often similar to market values for equity. Book values are often similar to market values for debt.Using Market Values and Book Values in the WACCThe Weighted Average Cost of Capital (WACC) is one of the most important metrics used to evaluate the cost of capital for a company. WACC is calculated by taking into account the cost of equity, debt and any other sources of capital. The ideal way to calculate WACC is to use market values, as they are more reflective of the current market environment.
However, book values are often similar to market values for both equity and debt, making them a good substitute if market values are not available. Therefore, it is accurate to say that book values are often similar to market values for both equity and debt.
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Which of the following statements, if either, concerning differences between U.S. GAAP and IFRS in accounting for hedges is/are correct?
I. IFRS permits hedging a forecasted business combination that is subject to foreign exchange risk; U.S. GAAP does not permit hedging in that case.
II. IFRS permits hedging part of the life of a hedged item; U.S. GAAP does not permit hedging of part of the life of a hedged item.
A. I only.
B. II only.
C. Both I and II.
D. Neither I nor II.
Both Statement I and Statement II are correct. IFRS permits hedging a forecasted business combination that is subject to foreign exchange risk, and IFRS permits hedging part of the life of a hedged item. U.S. GAAP does not permit hedging in either case.
IFRS is more commonly based on principles, whereas GAAP is more frequently based on regulations. Companies may be required to abide by industry-specific laws and regulations under GAAP, but IFRS contains principles that call for judgment and interpretation to determine how they should be implemented in a particular circumstance.
The main distinction between the two accounting systems is that GAAP is based on regulations, whereas IFRS is based on principles. This discrepancy shows itself in certain details and interpretations. In general, IFRS norms give substantially less information overall than GAAP.
Hence the correct option is C
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used for a statistical test to decide whether results observed are likely to reflect real differences between groups
A statistically significant difference between two groups is tested using the T-test. When there is a "substantial difference," the results are most likely not the result of chance or sampling mistake.
To evaluate if there is a statistically significant difference between the means of two variables, a t-test is an inferential statistic that is utilized. A statistical test for assessing hypotheses is the t-test. The findings of two separate study design types are often analyzed using an independent-samples t-test: (a) determining if there is a mean difference between two independent groups; and (b) determining whether there is a mean difference between two interventions.The discrepancy between the observed and predicted frequencies of the results of a group of events or variables is measured by the chi-square (2) statistic.
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Henrietta has just bought $1000 in stock in the X Company. She did so based upon the advice of her friend who is an accountant for the company. X Company loses money and the stock goes down. Henrietta is very angry at her friend and also at the X Company. She indicates that she may sue them for fraudulent misrepresentation. You are the President of X Company. Questions: What, if any, ethical principles are involved in this case? What are your options as the Manager of X Company
First of all, Henrietta should have been aware that stock markets are subject to market dangers and that no one has a monopoly over the ability to significantly influence the direction of the market.
This is true regardless of the recommendations of any brokers, traders, or investment gurus. Her acquaintance must have known that the stock markets company was doing rather well financially, which may mean that there was potential for bigger profits on the company's stock. Even if her acquaintance may have given her advice that was in her best interests, the equities market is undoubtedly not always predictable.
Another theory is that Henrietta's buddy intentionally misrepresented the details of her company in order to deceive Henrietta into buying stock in her business. This might have happened for a number of reasons. But neither party entered into a formal contract or agreement that would have proven their claims. Legally speaking, it might not be possible to contact her pal. There may be two perspectives on an ethical issue. If Henrietta's buddy intentionally misled her, that would be very unethical. The fate of Henrietta, however, is to lose money on that investment if her friend's motives were sincere. Henrietta should have been knowledgeable enough to understand the market dangers linked with investing in either scenario because, by purchasing the stocks, she also agrees to accept the hazards related to the same. Therefore, her buddy could not be held solely responsible for the incident.
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