If a tax is imposed on a good where both supply and demand are somewhat elastic, but supply is more elastic than demand, the burden of the tax will be borne (C) mostly by consumers but partially by producers.
What is an Elasticity?This refers to the responsiveness of percentage change in quantity to the percentage change in price.
What is Tax Burden ?The burden of a tax is generally shared by the producers and consumers in a market. In other words, the price that the consumer pays as a result of the tax (inclusive of the tax) is higher than what would exist in the market without the tax, but not by the entire amount of the tax.
If supply is perfectly elastic or demand is perfectly inelastic, consumers will bear the entire burden of a tax. Conversely, if demand is perfectly elastic or supply is perfectly inelastic, producers will bear the entire burden of a tax.
What is More Elastic Supply and Less Elastic Demand?When supply is more elastic than demand, consumers will bear more of the burden of a tax than producers will. For example, if supply is twice as elastic as demand, producers will bear one-third of the tax burden and consumers will bear two-thirds of the tax burden.
Therefore, we can conclude that the correct option is C.
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If you were marketing a product to a particular target market and you only knew the demographic characteristics, what product benefits (WIIFM, or “What’s in it for me?”) would you highlight in your marketing
The product benefits to be highlighted in the marketing based on demographic characteristics are
beneficial to particular agebeneficial to particular working classbeneficial to particular gender etcWhat is the demographic segmentation?In marketing, this refers to the segmenting of customers according to gender, age, ethnicity, family size, religion etc.
The use of demographic segmentation in marketing helps to provide the needs and want to consumers based on the demograph gathered from them.
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The Compliance with Standards Rule requires CPAs to adhere to all of the following applicable standards, except: Multiple Choice Statements on Standards for Consulting Services. Statements on Auditing Standards. Statements on Standards for Attestation Engagements. Statements on Responsibilities for Assurance Services.
The Compliance with Standards Rule requires CPAs to adhere to all of the applicable standards, except statements on Responsibilities for Assurance Services. Thus the correct answer is D.
What is CPA?CPA refers to a Certified Public Accountant who has achieved expertise in accounting with the help of education, experience, and talent. They help people to achieve their business goals to get financial stability.
CPA adheres to consulting services, providing auditing standards, providing statements on standards of attestation engagements. This helps to evaluate the records related to finance while preparing for returns on taxes and reports related to budgets for the clients.
Therefore option D Statements on Responsibilities for Assurance Services is the appropriate answer.
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if the government increases taxes on foreign steel
Answer:
it will help develop the country
Because there is so much unpredictability in all supply chains, companies must use ___ to make supply chain decisions.
Companies must use Supply chain management to make supply chain decisions, because there is so much unpredictability in all supply chains.
What is Supply Chain Management?Supply chain management manages the flow of goods and services and includes all processes that transform raw materials into final products.By using supply chain management, companies can cut excess costs and deliver products to the consumer faster and more efficiently.The five most critical elements of supply chain management are developing a strategy, sourcing raw materials, production, distribution, and returns.Learn more about Supply Chain Management here:
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Because there is so much unpredictability in all supply chains, companies must use Supply Chain Management to make supply chain decisions.
Supply Chain Management: What Is It?All procedures that convert raw materials into finished commodities are included in supply chain management, which controls the movement of both goods and services.Because all supply chains are inherently unpredictable, businesses must employ supply chain management to make decisions about their supply chains.Businesses can reduce unnecessary expenses and deliver goods to customers more quickly and effectively by using supply chain management.Creating a strategy, locating raw materials, production, distribution, and returns are the top five aspects of supply chain management.Learn more about Supply Chain Management here:
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he cost approach method Burt used before investing in his new community was highly dependent on his depreciation estimates. As they begin building the homes they realize the guest bedroom in each has a point of entry that prospective buyers do not like in the layout of the house. The depreciation of this design defect is ______.
The depreciation of this design defect is Functional obsolescence
What is Functional Obsolescence?Functional obsolescence is described as "the weakening of functional capacity of a property according to market tastes and norms" in The Dictionary of Real Estate Appraisal, Fifth Edition. In plainer terms, the description essentially says that the property's desirability has decreased, generally as a result of an old feature that is difficult to change or update.Although functional obsolescence is typically connected with decaying buildings or rundown areas, it can also happen in the opposite situation. For instance, a house may have "over-improvements" if the owner renovates and adds features that may not be required.Learn more about Functional Obsolescence with the help of the given link:
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You hold in your hands a legal document that provides the specific terms of the loan agreement, including a description of the bond, as well as the rights of the bondholder. You have a(n) Question 9 options: agency contract. bond signatory. signatory contract. indenture. debenture.
You hold in your hands a legal document that provides the specific terms of the loan agreement, including a description of the bond, as well as the rights of the bondholder.
You have a (D) indenture.
What is indenture?A legal contract that reflects or covers a debt or purchase commitment is known as an indenture. It explicitly refers to two sorts of practices: indentured servant position in historical usage, and an instrument utilized for commercial debt or real estate transaction in current usage.What is a debenture?A debenture is a medium- to long-term loan instrument used by major corporations to borrow money at a fixed interest rate.What is a bond signatory?A signature bond (also known as a recognizance bond or ROR) is a guarantee provided by a person accused of a crime to appear in court whenever required if released from jail.What is an agency contract?An agency agreement is a legal contract that establishes a fiduciary relationship between the first and second parties in which the first party agrees that the actions of the second party bind the principal to later agreements made by the agent as if the principal had personally made the later agreements.Solution -As the definition of indenture states, a legal contract that reflects or covers a debt or purchase commitment is known as indenture.
Therefore, You have a (D) indenture.
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Correct question:
You hold in your hands a legal document that provides the specific terms of the loan agreement, including a description of the bond, as well as the rights of the bondholder. You have a(n) _____.
A) agency contract.
B) bond signatory.
C) signatory contract.
D) indenture.
E) debenture.
The expected return on equity is Blank______ to leverage. Multiple choice question. positively related unrelated negatively related
Positively Related;
MM Proposition II states that the expected return on equity is positively related to leverage, the required return on equity is a linear function of the firm's debt to equity ratio, and the risk to equity increases with leverage.
More about MM Proposition II
According to the second proposition of the M&M Theorem, a company's cost of equity and level of leverage are directly inversely related. Increased leverage increases a company's likelihood of defaulting. As a result, in order to make up for the increased risk, investors frequently demand a higher cost of equity (yield).
Like proposition I this also has 2 propositions :
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Marla rents a house at the edge of the city, but soon finds that the chemicals from the nearby glue factory make it impossible for her to enjoy relaxing outside in her yard. Under what circumstances can this be considered a public nuisance
Marla rents a house at the edge of the city, but soon finds that the chemicals from the nearby glue factory make it impossible for her to enjoy relaxing outside in her yard.
If there are other annoyed neighbors, and they also complain.
The act or illegal omission of a person constituting a public nuisance must unavoidably result in harm, obstruction, danger, or irritation to those who may need to use any public right as well as to the general public or to those who live in the area or who own property there.
The mere fact that a common annoyance results in some convenience or benefit does not justify it.
Public nuisances are a kind of common law offenses under English criminal law where the victim is the general public as opposed to a specific person.
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Based on the operant approach, the bonus that SkyBlue is offering for employees who hit certain goals is considered a(n) __________ reward.
Based on the operant approach, the bonus that SkyBlue is offering for employees who hit certain goals is considered a(n) Contingent reward. This is further explained below.
What is a Contingent reward.?Generally, Employees and followers might be motivated to perform better and reach their objectives with the help of contingent incentives. Bonuses, accolades, and higher ranks are all part of this.
In conclusion, From an operant perspective, SkyBlue's bonus for meeting targets is a Contingent reward.
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1. Suppose you are an accountant for pre-fraud WorldCom. You have just been instructed by the CFO to alter specific company accounts in order to boost the company's numbers before fourth-quarter disclosures. You know the actions are unethical, but you fear that refusing to comply with executive orders may result in punishment and possible termination of your job. What would you do
We would not change any specific company accounts before you in order to increase the company's figures.
What is an accountant?An accountant is a person who practices accounting or accountancy. Accountants who have passed their professional associations' certification tests can use titles like Chartered Accountant, Chartered Certified Accountant, Certified Public Accountant, or Registered Public Accountant. Statute grants such professionals certain responsibilities, such as the ability to certify an organization's financial statements, and they may be held liable for professional misconduct. Non-qualified accountants may work for a qualified accountant or independently, with no legislative privileges or obligations.Ethical obligations of an accountant:Responsibilities.The Public Interest.Integrity.Objectivity and Independence.Due Care.Scope and Nature of Services.As we are 100% honest with my work and work under ethics so I would not change any specific company accounts before you in order to increase the company's figures.
Therefore, we would not change any specific company accounts before you in order to increase the company's figures.
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In custom reports, what must metrics and dimensions share in order to report accurately?.
Answer: The Same Scope!
Explanation
One of the following statements is false. Which is it? i the time horizon and size of time bucket for the master production schedule can never be longer than those of the aggregate plan. Ii aggregate plans are implemented on a rolling horizon iii aggregate plans often perform planning for fictitious/abstract products iv aggregate planning is a highly integrative activity, requiring input from many areas of the organization, such as marketing, human resources, and accounting.
The statement III Aggregate plans often perform planning for fictitious/abstract products.
Aggregate making plans refers to the technique of developing, preserving, and studying the approximate scope of the operations of a business enterprise. It generally carries targeted income forecasts, stock stages, and production levels.
Mixture-making plans are commonly completed twelve months into the future. A few examples of combination planning are hiring brief workers, laying off employees for a particular length, or pass-schooling. This works as an effective benchmark to degree useful resource usage and implementation.
The time period mixture implies that the making of plans is finished for an unmarried typical measure of output or, on the maximum, a few aggregated product classes. The aim of mixture-making plans is to set typical output degrees within the close to medium future in the face of fluctuating or unsure demands.
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The Chubb Group, an insurance company, regularly supplies funds for programming on the public television network. Its donations are an example of: Group of answer choices corporate philanthropy corporate paternalism economic responsibility financial empowerment ethical responsibility
Its donations are an example of: corporate philanthropy.
The Council on Foundations defines corporate philanthropy as the voluntary investments and endeavors a company makes to control and account for its social effect. Money is invested in philanthropic endeavors and activities. contributions of goods. provided in-kind.Corporate donations to charity groups last year exceeded $20 billion, according to research by Double the Donation.A corporation or business supporting the wellbeing of others through philanthropic donations of money or time is said to be engaging in corporate philanthropy.When thoughtfully planned and implemented, corporate giving initiatives can give businesses a competitive edge. Giving to charity is one way to improve a brand or business's reputation and name recognition among consumers.Thus this is the answer.
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When ________, business firms will collectively supply a lower quantity of output at any given price, and the supply curve will shift to the left.
When cost of production increase business firms will supply lower quantity of output
Effect of production cost on pricesWhen the cost of production increases, producers will tend to produce a lesser quantity of goods and services and this is cause an increase in demand over supply in the open market.,
An increase in demand without a corresponding increase in supply will cause the supply curve to shift to the left.
Hence we can conclude that When cost of production increase business firms will supply lower quantity of output
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Financial accounting and managerial accounting differ in terms of who uses the information. Financial accounting provides information primarily for ______.
Financial accounting and managerial accounting differ in terms of who uses the information. Financial accounting provides information primarily for investors and stakeholders.
What is financial accounting?Financial accounting involves having a detailed report of a company's financial transactions such as income and expenditure that can be presented or vetted by stakeholders.
Therefore, Financial accounting and managerial accounting differ in terms of who uses the information. Financial accounting provides information primarily for investors and stakeholders.
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Patrick and Kathy bought a home for $250,000 three years ago and sold it this year for $225,000. What is the deduction they can take for the loss on the sale
An amount of $0 will be the deduction they can take for the loss on the sale.
Is there deduction for loss as taxes?The will be no deduction on loss on sales because it is considered a nondeductible personal expense.
Hence, one can only deduct losses on the sale of property used for business or investment purposes.
Therefore, an amount of $0 will be the deduction they can take for the loss on the sale.
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For income-generating properties, a value based on the present value of the rights to future income is called the:
For income-generating properties, a value based on the present value of the rights to future income is Income Capitalization
What is Income Capitalization?The Income Capitalization Approach is helps to know how much right or money an individual has in the future based on how much the individual can generate in the present investment or asset.
Therefore,For income-generating properties, a value based on the present value of the rights to future income is Income Capitalization
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_____ is the degree to which the company's existing practices, resources and capabilities fit the new market.
Corporate Fit
It has two dimensions:
Human Resource practices- This is the practices which are most important in any organization. It is based on company goals, legal compliance requirement & it involves strategic operations of HR. There practice mainly provides for managing employees and coordinating with business plan.Risk Tolerance- Risk tolerance is taken place when an investor is willing & had the capability to to handle the amount of loss while making investment decision.
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Last semester, Brita bought her textbooks over the Internet and saved a considerable amount of money. Classes start in a few days, and she needs to decide right away how and where to purchase her books. Brita will most likely engage in a(n) ________ process.
Last semester, Brita bought her textbooks over the Internet and saved a considerable amount of money. Classes start in a few days, and she needs to decide right away how and where to purchase her books. Brita will most likely engage in "limited problem solving" process.
What is limited problem solving process?Limited issue solving is another sort of consumer problem-solving that consumers employ when they need information about unknown brands in well-known product categories or when they make sporadic purchases of goods; it takes a fair amount of time for information collecting and consideration.
The characteristics of limit solving process are-
Limited issue solving is employed when consumers seek information about a new brand within a well-known product category or when they occasionally purchase products. When buying a new, expensive, or infrequently purchased goods, consumers engage in lengthy problem solving.Possibly when you need to find out information about an unusual brand in a well-known product area, takes a fair amount of time to gather information. Clothing is one example where it is known the product class but not the brand.Therefore, in the given case- Brita lacks the time to thoroughly consider all of his alternatives. Additionally, he will likely follow suit this time around given his recent success purchasing books online (unless he waited too long and cannot receive his books in time).
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g The number of firms in an oligopoly must be Group of answer choices None of the Answers are Correct. Small enough so that revenues are large enough to support advertising expenditures. Small enough so that one firm's decisions have a significant impact on the decisions of the other firms in the industry. Large enough so that firms cannot coordinate. Four.
The number of firms in an oligopoly must be small enough so that one firm's decisions have a significant impact on the decisions of the other firms in the industry.
What is an oligopoly?An oligopoly consists of two or more firms.
An oligopoly can have as many firms as it wants, but the number must be so low that each firm's decisions have a big impact on the others.
Entry into an oligopolistic market is difficult. Oligopolistic businesses may create differentiated or uniform products. Automobile, oil, steel, and passenger airplane manufacturers are a few examples of oligopolistic businesses.
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Can I Plss get some help on this
The law of supply illustrates all the quantities of goods that producers are willing and able to sell at every possible price.
What is the law of supply?
The law of supply states that when prices increase, the quantity supplied increases and when price falls, the quantity supplied falls. This shows that price and quantity supplied are positively related. This explains why the supply curve is positively sloped.
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Statutes of limitations Group of answer choices define how much money the injured party can sue for under a breach of contract claim. define whether there has been substantial performance of a contract or a material breach. limit the time in which an injured party may sue. only apply to the sale of goods. There is no statute of limitations on a service contract.
limit the time in which an injured party may sue. only apply to the sale of goods.
The length of time allowed under a statute of limitations varies depending upon the severity of the offense as well as the jurisdiction it is being disputed.
Federal law says that the general 5-year statute of limitations applies in every case unless there is a specific code section that extends the statute of limitations for that particular offense.
What is Statue of Limitations ?A statute of limitations is a law that sets the maximum amount of time that parties involved in a dispute have to initiate legal proceedings from the date of an alleged offense, whether civil or criminal.
Cases involving severe crimes, like murder, typically have no maximum period.Learn more about Statue of Limitations here:
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A lack of _______________ on the board, was a common trait of financial institutions requiring a bailout during the 2008 recession.
A lack of subsequent subprime mortgage meltdown on the board was a common trait of financial institutions requiring a bailout during the 2008 recession.
In 2008, the United States faced the worst financial crisis since the Great Depression. The financial crisis then led to a sustained economic contraction, the Great Recession, whose effects spread to the entire world economy. Many books and treatises have been written on the causes and impacts of the 2008 and 2009 financial crises of
This volume provides an overview of the FDIC experience from 2008 to 2013. During this period, we faced a crisis that overlapped with two interconnected.
First, the financial crisis of 2008 and 2009 threatened all types of large financial institutions, both inside and outside the traditional banking system, thereby endangering the financial system itself. Second, the banking crisis began in 2008 and continued until 2013, with a rapid increase in the number of troubled or unsuccessful insured depositors.
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The process of arranging for a product to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers is known as ________. Group of answer choices positioning target marketing market targeting market segmentation differentiation
The answer is Positioning.
Market segmentation is the process of dividing a market into distinct groups of customers who have different characteristics, needs and behaviors and therefore require different products or marketing programs.
Market targeting is concerned with evaluating each segment’s attractiveness for the company and selecting one or more segments to enter. The evaluation of segments is based on the question- which segment the company can serve best.
In other words, we should concentrate on and enter those segments in which we can generate the greatest customer value over time.
Differentiation in marketing means creating specialized products that gain a competitive advantage with a particular segment of the market.
Hence, The process of arranging for a product to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers is known as Positioning.
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Vending machines are most often used to sell: Group of answer choices shopping goods. convenience goods. specialty goods. inferior goods.
The correct option is convenience goods.
Products that the client may easily, quickly, and regularly purchase are known as convenience goods. Newspapers and soaps are examples of convenience goods, as are everyday foods like pasta or ketchup.
Vending machines are most often used to sell convenience goods.
Vending machines are practical because they make it possible for your staff, clients, and customers to quickly and affordably receive what they need. When placed properly, vending machines are always convenient and offer reasonable prices.
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Anna is a small business owner that is following the four-step procedure known as the accounting cycle. After examining source documents such as receipts, what should Anna do next
A disadvantage of the corporate form of organization is professional management. tax treatment. ease of transfer of ownership. lack of mutual agency.
A disadvantage of the corporate form of organization is the tax treatment.
What is the tax treatment?Tax Structure refers to any fact that may be pertinent to comprehending the alleged or claimed Federal income tax treatment of the transaction. Tax Treatment refers to the asserted or claimed Federal income tax treatment of the transaction.What is the transfer of ownership?An agreement is known as a "transfer of ownership" is used to legally transfer ownership of goods sold by one person (the Seller) to the buyer (the Buyer). These contracts can be used to sell products, businesses, cars, or even real estate.What is professional management?Professional management is the process by which the program designs, organizes, approves, and monitors the execution of the care plan.Therefore, a disadvantage of the corporate form of organization is the tax treatment.
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Other than directly observing the market, how do most companies get their market research? (Check all that apply.)
Other than directly observing the market most companies get their market research from newspaper advertorials and trusted research vendors .
Newspaper advertorialsAn advertorial is a form of advertisement in a newspaper, magazine or a website which involves giving information about the product in the form of an article. Usually, a brand pays the publisher for such an article.
Trusted research vendorsA market research vendor can provide insights on the best research design for your needs, based on years of experience. They may also have research panels to help you access your target audience most economically and experienced people to conduct interviews or focus groups.
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A ____________________________ is one economic mechanism by which government borrowing can crowd out private investment.
A higher interest rate is one economic mechanism by which government borrowing can crowd out private investment. This is further explained below.
What is the economic mechanism?Generally, A mechanism is a mathematical representation of the organizations that govern and coordinate economic activity.
In conclusion, Increasing the interest rate is one of the ways in which the government may stifle private sector investment. This will be detailed in further detail in the following paragraphs.
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Beta Corporation purchased $300,000 worth of land by paying 30,000 cash and signing a $270,000 mortgage. Immediately prior to this transaction the corporation had assets, liabilities, and owners' equity in the amounts of $170,000, $40,000, and $130,000 respectively. What is the total amount of Beta Corporation's assets after this transaction has been recorded
The total amount of Beta Corporation's assets after this transaction has been recorded is $440,000.
Given:
170,000 (assets prior to transaction) + 300,000 (land) - (30,000) cash =$440,000.
What is Assets?An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit.
Assets are reported on a company's balance sheet. They are bought or created to increase a firm's value or benefit the firm's operations.
Therefore, we can conclude that the Beta Corporation's assets after this transaction has been recorded is $440,000.
I understand that the question you are looking for is :
Beta Corporation purchased $300,000 worth of land by paying 30,000 cash and signing a $270,000 mortgage. Immediately prior to this transaction the corporation had assets, liabilities, and owners' equity in the amounts of $170,000, $40,000, and $130,000 respectively. What is the total amount of Beta Corporation's assets after this transaction has been recorded?
$440,000
$70,000
$500,000
$200,000
$470,000
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