The pay off matrix for Antonio and Trinity is illustrated below.
Pay off matrix:
In economics, a payoff matrix refers a table in which strategies of one player are listed in rows and those of the other player in columns and the cells show payoffs to each player such that the payoff of the row player is listed first.
Here we need to find the pay off matrix of Antonio and Trinity.
Here we know that, if Antonio chooses up and trinity chooses down, Antonio will receive a payoff of 4 and trinity will receive a payoff of 5.
Trinity
left Right
Antonio left 6,6 6,3
Right 4,3 5,5
Here the first digits in both left and right is Antonio's best response payoff given what Caroline chooses and the second digit on both left and right is Caroline's best response payoff based on what Antonio chooses.
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suppose that 70% of the bicycles sold by a certain store are mountain bikes. among 100 randomly selected bike purchases, find the probabilities below. (round your answers to four decimal places.)
According tot the given statement the correct answer is that the approximate probability is 75%.
How does the probability formula work?The probability of an event occurring is calculated as P(A) = f / N. Odds and probability are related, but the probability determines the odds. Before calculating the chances of an event occurring, you must first determine probability.
What is business probability analysis?Probability has the same meaning in business as determining the possibility of an event occurring with a metric between zero and then one, both inclusive. Probability is accompanied by three additional key concepts: experiment, outcome, and event.
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FILL IN THE BLANK. All else equal, a nation that has a high rate of _____ will have a high rate of _____ and therefore a high growth rate of _____ capital.
All else equal, a nation that has a high rate of savings will have a high rate of investment and therefore a high growth rate of physical capital.
funding is the dedication of cash to purchase of an asset to obtain an increase in value over a time period. investment calls for a sacrifice of a few present asset, which includes time, money, or attempt. In finance, the reason of investing is to generate a return from the invested asset.
making an investment is an powerful manner to position your cash to work and potentially construct wealth. smart making an investment may additionally permit your cash to outpace inflation and boom in value. The more growth capability of investing is more often than not due to the strength of compounding and the threat-return tradeoff.
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selling a customer with a checking account a home improvement loan is an example of: group of answer choices sales force automation. cross-selling. direct marketing. operational crm. cross-channel promotions.
cross-selling. It is the process of providing a customer with items that are compatible with the ones they are buying.
How may cross-selling be used to increase profits?It doesn't happen often that a marketing and sales strategy can be used by nearly any type of company. But when it comes to cross-selling, the majority of businesses stand to gain significantly by doing so. It's absolutely worth trying if growing your company's revenue is one of your top priorities. To begin implementing cross-selling in your own company,
What frequent cross-selling strategies are there?Cross-selling strategies can be used in many different contexts, but they virtually always take place after the customer has made a purchase. A pop-up suggesting a supplemental product after your original purchase is quite typical in e-commerce. Another strategy is to send an email to a consumer after they've made a transaction enticing them to buy an additional connected good or service.
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magine that Eveready has developed solar rechargeable batteries that cost only slightly more to produce than the rechargeable batteries currently available. These solar batteries can be recharged by sunlight up to five times, after which they must be discarded. Unfortunately, the production process cannot be patented, so competitors could enter the market within a year. Which of the following would be the least sound marketing program decision?
A. Select a skimming pricing strategy to position the product as "premium"
B. Seek widespread distribution to gain a foothold in what might be a potentially huge market
C. Limit production capacity until you are certain consumers will actually want the product
D. Avoid a connection to the Eveready brand until the product has proven itself
E. Use multiple brand names to discourage other competitors from entering the market
The following would be the least sound marketing program decision that select a skimming pricing strategy to position the product as "premium."
Consumer information may be distributed through marketing. Customers will then have a fundamental understanding of your product's purpose. Additionally, they'll be aware of the advantages of buying your goods. A lot of individuals are informed about a product thanks to marketing.
The benefit of marketing to your company is that it informs consumers about your goods and services, engages them, and influences their choice to purchase. A marketing strategy, which should be a component of your company plan, may also aid with demand creation and maintenance as well as relevancy, reputation management, and competitiveness.
Hence the correct option is A
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The board of directors of Yancey Company declared a cash dividend of $1.50 per share on 42,000 shares of common stock on July 15, 20X1. The dividend is to be paid on August 15, 20X1, to stockholders of record on July 31, 20X1. The correct entry to be recorded on August 15, 20X1, would be:
a. Dividends Payable 63,000 Cash 63,000
b. Cash Dividends 63,000 Cash 63,000
c. Cash 63,000 Paid-in Capital 63,000
d. Dividends Payable 63,000 Paid-in Capital 63,000
August 15, 20X1 = Dividends Payable (42,000 shares * $1.50)
August 15, 20X1 entry to be made = $63,000 (debit)
Cash = $63,000 (credit)
Hence, option (a) Dividends Payable 63,000 Cash 63,000 is the appropriate response.
Dividends on common stock that have been declared by a firm but have not yet been paid to shareholders are referred to as accumulated dividends or dividends payable.
From the declaration date until the dividend is paid to shareholders, a corporation will record its dividends payable as a liability on its balance sheet.
The dividends on cumulative preferred stock shares that have not yet been paid to the shareholder are referred to as Dividends Payable. Prior to holders of common stock and other classes of preferred stock, dividends are paid to holders of cumulative preferred stock.
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In the resource market,
A. businesses borrow financial capital from households.
B. businesses sell services to households.
C. households sell resources to businesses.
D. firms sell raw materials to households.
C
Option C is correct. In the resource market, households sell resources to businesses.
The term "resource market" refers to a market that provides goods and services to businesses, organizations, and firms in exchange for money. Markets that offer firms the resources they require to deliver the products or services they offer are known as resource markets. A resource market enables parties to trade items or services in order to create new ones. The most typical markets involve the exchange of labor, money, financial services, and natural resources. Macroeconomics often covers a review of these markets. To assess the current state of the economy, nations will examine the data gathered from each resource market. Businesses can increase manufacturing output and better satisfy customer demand by using the data collected to inform their actions.
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which of these methods are used by the federal reserve to affect the supply of money in the u.s. economy, and which are not? place each item under the appropriate title. you are currently in a sorting module. turn off browse mode or quick nav, tab to items, space or enter to pick up, tab to move, space or enter to drop. methods the fed uses to affect the money supply not a method used by the fed
First, it is a mechanism that can be swiftly and inexpensively implemented—the Fed only needs to call a broker who buys or sells bonds.
Second, it doesn't require a lot of political discussions or a big announcement to be made.
Thirdly, it is a fairly potent instrument, with each bond purchase or sale having an overall effect that is several times greater than the original transaction.
Fourth, by using this mechanism, the Fed can alter the money supply by a small or big amount at any one time.
The Fed can do the following to reduce the growth of money in the US:
Sell bonds, increase reserve requirements, or increase the discount rate, among other options.
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married taxpayers david and lillian perdue file jointly and have a daughter, erin. they live at 9510 bluebird canyon drive, seattle, wa 99201. the perdues own their home, which was paid off last year. david works as a salesman for the canyon honda car dealer and lillian works at the same dealer as the manager of the service department. the social security number for david is 412-34-5670; for lillian, 412-34-5671; and for erin, 412-34-5672. their birth dates are as follows: david, 1/18/1971; lillian, 3/14/1971; and erin, 11/21/2011. erin attends school during the day and in the afternoon attends seattle day care (1 day street, seattle wa 99201, ein 92-6789012). the perdues paid $2,800 during the year to the school for the after-school care. the forms w-2 from canyon honda contained the following information: Lillian Perdue: Perdues paid $2,800 during the year to the school for the after-school care. Wages (box 1) = $72,000.00 Federal W/H (box 2)= $ 8,565.00 Social security wages (box 3) $72.000.00 Social security W/H (box 4) 4,464.00 Medicare wages (box 5) $72,000.00 Medicare W/H (box 6) S 1,044.00
Child tax credit = 1000 - (128925 - 110000) , the perdues paid $2,800 during the year to the school for the after-school care.
A brief explanation of taxesA tax is a compulsory payment or charge that local, state, and federal governments levy on citizens and corporations to fund essential public goods, services, and operations.
Why is it significant?Governments tax their people and enterprises in order to generate income that is then utilized to fund their budgetary needs. Making the business climate in the nation conducive to economic growth is part of this, as is funding public and government projects.
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Match the outputs (in the right column) with their respective business processes in the left column). Drag statements on the right to match the left. Supply management a Performance variances, trends Innovation C Order entry, delivery commitments, resolve customer problems Strategic planning Ü’ Vision and long-term objectives and plans Customer service Order fulfillment, production schedules, goods and services Performance measurement New products and new production technologies Do you know the answer? I know it Think so Unsure No idea
The business process that has the output as
Order fulfillment, production schedules, goods and services is Supply management
Performance variances is performance measurement
Vision and long-term objectives and plans is strategic planning
New products and new production technologies is innovation
What is the definition of production?
Production refers the process of making or manufacturing goods and products from raw materials or components.
Here we need to find the match for the outputs with their respective business processes.
In order to find the resulting values, we must know that what is meant by the business process,
Business process is defined as a collection of linked tasks that find their end in the delivery of a service or product to a client.
Based on these definition we have matched the business process to its output.
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when the price ceiling applies in this market and the supply curve for gasoline shifts from s1 to s2, group of answer choices the market price will stay at p1. the market price will increase to p3. a shortage will occur at the new market price of p2. a surplus will occur at the new market price of p2.
When the supply curve for gasoline moves from S1 to S2, the market price of P2 will experience a shortage since the price ceiling is in effect. produce a labor shortage, increase unemployment, and have a significant impact on the teenage labor market.
What transpires when the price ceiling rises?When an effective price ceiling is established, excess demand and a lack of supply are brought about because producers are hesitant to sell at a lower price and customers want more affordable goods. Deadweight loss is consequently produced.
What effects does a price cap have?Price ceilings that set a maximum price below the going rate have the following five significant effects: Lacks, lowered product quality, unnecessary lines and other search expenses, lost trade gains, and improper resource allocation.
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When cigarettes are taxed and sellers of cigarettes are required to pay the tax to the government,
a. the size of the cigarette market is reduced.
b. the price paid by buyers of cigarettes decreases.
c. the demand for cigarettes decreases.
d. there is a movement downward and to the right along the demand curve for cigarettes.
C) When cigarettes are taxed and sellers of cigarettes are required to pay the tax to the government, the demand for cigarettes decreases.
When cigarettes are taxed and sellers are required to pay the tax to the government, the price paid by buyers for cigarettes increases due to the added tax cost. This increase in price causes a shift of the demand curve for cigarettes to the left.
This shift represents a decrease in the demand for cigarettes, as buyers are now less willing to purchase cigarettes at a higher price than before the tax was in place. The decrease in demand results in a reduction in the size of the cigarette market, as fewer people are willing to purchase cigarettes due to the higher cost.
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which of the following statements is correct? firms aim to set as high an output price as possible. to maximize profits, firms set the wage at the level where the workers are indifferent between working and not working. in equilibrium, the wage clears the labour market, so there is no unemployment. if all firms set the same price and pay the same nominal wage, then the higher the real wage that they pay, the lower is their markup.
If all businesses charge the same price and pay the same nominal rate, their markup will be smaller the higher the actual wage they pay.A company, such as a corporation, that operates for profit, is known as a firm.
A firm is a for-profit business entity that offers professional services, such as a corporation, limited liability company (LLC), or partnership. Most businesses only have one location. On the other hand, a business company is made up of one or more physical locations that are all owned by the same person and have the same EIN (EIN). The term "firm," when used in a title, is frequently connected to companies that offer expert legal and accounting services, but it may also refer to a wide range of companies, including consulting, marketing, and graphic design firms, among others.
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which of the following threats to internal validity should be the least concerning when using a quasi-experimental design?
From the threats to internal validity, the least concerning when using a quasi-experimental design is Attrition bias.
Attrition bias is the picky dropout of some participants who differ from those who remain in the study. Some groups of participants may leave because of bad gests, unwanted side goods, or inadequate impulses for participation, among other reasons.
Attrition bias is a trouble to internal validity. In trials, differential rates of waste between treatment and control groups can suggest results. This can affect the relationship between variables.
It can make variables appear to be identified when they're not, or vice versa. Attrition is a trouble to internal validity when there's differential fallout between the intervention and the comparison groups.
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gendy co. expects to receive eur 5 million tomorrow as a result of selling goods to a firm in france. gendy estimates the standard deviation of daily percentage changes of the euro to be 1 percent over the last 100 days. assume that these percentage changes are normally distributed. use the value-at-risk (var) method based on a 95% confidence level what is the maximum one-day loss if the expected percentage change of the euro tomorrow is 0.5%? (With the normal distribution, 95 percent of observations are smaller than 1.65 standard deviations above the mean.) Select one: a. -1.2% Ob. -1.5% C.-0.5% d.-2296
The maximum one-day loss that Gendy Co. can face is -1.5%. Assume a 95% confidence level, the maximum one-day loss is determined by calculating the VaR at 1.65 standard deviations above the mean, which is 0.5% in this case.
Therefore, the maximum one-day loss that Gendy Co. can face is -1.5%. It means that Gendy Co. can expect to lose a maximum of €75,000 if the euro depreciates by 0.5% on the day the payment is received.
The Value-at-Risk (VaR) method is a risk management technique which is used to measure and manage the risks associated with financial investments. This method is based on the assumption that the underlying asset returns are normally distributed, and a given confidence level is used to determine the maximum one-day loss. In the case of Gendy Co., the expected amount to be received is €5 million and the standard deviation of daily percentage changes in the euro over the last 100 days is 1%.
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the management of lanzilotta corporation is considering a project that would require an investment of $213,000 and would last for 6 years. the annual net operating income from the project would be $105,000, which includes depreciation of $28,000. the scrap value of the project's assets at the end of the project would be $25,000. the cash inflows occur evenly throughout the year. the payback period of the project is closest to (ignore income taxes.):
The correct answer to the given problem is 1.6 years.
Given in the problem: a project that would require an investment of $213,000 and for a time period of 6 years. The annual net operating income from the project would be $105,000 and included in it would be a depreciation of $28,000. At the end of the project, the scrap value has been estimated to be around $25,000.
NOI is the sum of all property revenues less all running costs that are deemed to be reasonably reasonable. On a property's income and cash flow statement, NOI is a before-tax statistic that does not include loan principal and interest payments, capital expenses, depreciation, or amortization.
A strong operating margin is one that is greater than 15% for the majority of firms. To determine if operating margin is increasing or decreasing, it is also helpful to look at historical trends in operating margin.
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_____is an organized group of employees who negotiate with employers about issues, such as wages and working conditions.
A union is an organised group of employees who negotiate with employers about issues, such as wages and working conditions.
Workers who group together to form unions can negotiate collectively with the proprietors of the companies they work for. Owners are bargained with by unions for improved working conditions, less hours worked, greater compensation, and shorter workweeks. Part of a union's strength comes from its striking power.
Unions operate democratically. Leaders who make decisions on behalf of members are chosen through elections, providing employees more power at work.
An organization of employees known as a "local union" is based locally and has a charter from a national or worldwide labor organization like the Service Employees International Union (SEIU) or the United Auto Workers (UAW). Workers from the same company or area may be considered locals. Additionally, it could have employees that work for other companies but are from the same industry.
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the ending balance of the owner's capital account is transferred from the to the owner's equity section of the balance sheet. multiple choice question. statement of cash flows statement of owner's equity general ledger account income statement
Price elasticity of demand for a good (In financial accounting, a balance sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship,
a business partnership, a corporation, a private limited company, or other organization such as government or not-for-profit entity. As of a particular date, such as the conclusion of its financial year, assets, liabilities, and ownership equity are listed. It's common to refer to a balance sheet as a "picture of a company's financial status." [1] The balance sheet is the only one of the four fundamental financial statements that only applies at one particular period in a company's fiscal year.
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refer to fact pattern 29-1a. nani, a professional driver, buys a customized luxuro from motorpros to drive in a grand prix race. nani's luxuro is
Refer to fact pattern 29-1a. nani, a professional driver, buys a customized luxuro from motorpros to drive in a grand prix race. nani's luxuro is equipment.
What is equipment?the collection of items or material resources used to outfit someone or something, for example. The tools or equipment utilized in a procedure or activity. sporting goods.
Equipment is a real long-term asset that provides value to a company over many years of operation. Equipment examples include cars, trucks, and manufacturing machines. They differ from intangible assets such patents, trademarks, or copyrights, which lack a physical form, in that they are tangible because they do.
Thus, it is equipment.
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a snapshot from violet flowers ltd.'s financial information reveals the following for years 2018 and 2019: item20182019 long term debt$4,600,000$4,900,000 interest expense$600,500$870,000 dividends$400,000$590,000 common stock$1,740,000$1,815,000 additional paid-in surplus$4,200,000$4,500,000 violet flowers' fcf for 2019 was:
The Violet flowers' fcf for 2019 based from financial information for years 2018 and 2019 is $514,500.
In corporate finance, free cash flow is the amount by which a business's operating cash flow exceeds its working capital needs and expenditures.
Now, let's calculate the violet flowers' fcf for 2019.
First, we will calculate the retained earnings in 2019 and 2018 of Violet flowers.
Total equity comprises of common stock as well as additional paid in surplus.
For 2019
Retained earnings in 2019 = additional paid in surplus in 2019 - common stock in 2019
= $4,500,000 - $1,815,000
= $2,685,000
For 2018
Retained earnings in 2018 = additional paid in surplus in 2018 - common stock in 2018
= $4,200,000 - $1,740,000
= $2,460,000
Next, we will calculate the net income of violet flower
Net income in 2019 = Retained earnings in 2019 - Retained earnings in 2018 + dividends in 2019
= $2,685,000 - $2,460,000 + $590,000
= $815,000
The free cash flow of Violet flower in 2019 will be calculated as follows :
FCF in 2019 = net income in 2019 - interest expense in 2019 + change in long term debt
= $815,000 - $600,500 + ($4,900,000 - $4,600,000)
= $514,500
Therefore, the violet flowers' fcf for 2019 was $514,500.
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seattle hospital, a taxpaying entity, estimates that it can save 30000 a year in cash operating costs for the next 10 years if it buys a special-purpose eye-testing machine at a cost of 135000 . No terminal disposal value is expected. seattle hospital required rate of return is 14%. Assume all cash flows occur at year-end except for initial investment amounts. seattle hospital uses straight-line depreciation. The income tax rate is 34%for all transactions that affect income taxes.
The net present value of the special-purpose eye-testing machine to Seattle Hospital, given the operating costs and revenue, is - $ 7, 779.32.
How to find the net present value ?The net present value is the difference between the sum of the present value of the inflows from the special-purpose eye-testing machine and the outflows.
The present value of the inflows from the special-purpose eye-testing machine to Seattle Hospital is :
= Net cash flow per year x Present value interest factor of Annuity, 14 %, 10 years
= 24, 390 x 5.2161
= $ 127, 220.68
The net present value is:
= 127, 220.68 - 135, 000
= - $ 7, 779.32
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The question is :
Find the net present value
_______ is the amount of money per common share that could be realized by breaking up the firm, selling the assets, repaying the debt, and distributing the remainder to shareholders.
A. Book value per share
B. Liquidation value per share
C. Market value per share
D. Tobin's Q
E. None of the options are correct.
Liquidation value per share is the amount of money per common share that could be realized by breaking up the firm, selling the assets, repaying the debt, and distributing the remainder to shareholders.
The correct option is B.
The total money value of a company's tangible assets in the event that it went out of business and sold those assets is known as the liquidation value. The assets of a corporation, including its real estate, furniture, equipment, and inventory, are used to calculate its liquidation value. The liquidation value of a corporation does not include intangible assets.
When an asset is given inadequate time to sell on the open market, lowering its exposure to possible purchasers, its liquidation value is the expected price at which it will be sold. Usually, liquidation value is less than fair market value.
Liabilities of the firm are subtracted from assets to get the liquidation value. Receivables are frequently sold for between 80% and 90% of book value. Depending on the level of obsolescence and condition, the liquidation value of inventories is frequently calculated on between 80 and 90 percent of the book value.
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FILL IN THE BLANK. Steve is looking for a way to analyze customer data from his territory in an effort to identify new opportunities for sales revenue growth. _______________ could help Steve with this task.
Steve is trying to figure out how to examine client data from his region in order to find fresh chances for sales revenue increase. Management of Customer Relationships
Why is a rise in revenue important?
The revenue growth statistic is significant since it shows the state of a company's sales. As a result, revenue growth is still a common way to judge how well a company sells its own goods and/or services.
What factors influence revenue growth?
There are just 4 Ways to Increase Revenue for Your Business if you want it to generate more cash: increasing your rates, average transaction size, customer count, frequency of transactions per customer, and average transaction size
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assume that pearle vision uses standard costs to control the materials in its made-to-order sunglasses. the standards call for 3 ounces of material for each pair of lenses. the standard cost per ounce of material is $12. during july, the santa clara location produced 6,000 pairs of sunglasses and used 17,750 ounces of materials. the cost of the materials during july was $12.25 per ounce, and there were no beginning or ending inventories. note: round answers to the nearest whole number, when needed. required
The material typically costs $12 per ounce. The Santa Clara facility utilised 17,750 ounces of material and made 6,000 pairs of sunglasses in July. There was no beginning or finish to the material's $12.25 per ounce pricing for the month of July. The favourable material use variance, in this case, is 141000.
A flexible budget, sometimes known as a "flex" budget, adapts to variations in the actual amount of income received.
The material usage variance is computed by comparing the quantity of actual material used for the production level attained to the amount that was anticipated to be used, based on standard usage levels, priced at standard cost. This is done to recap prior research.
Flexed Budget
Cost of Material = 6000 * 3 * 12 = 216000
Actual Material Cost = 17,750 * 12.25 = 217437.5
Price Variance = (12.25 - 12) * 17750 = 4437.5 unfavourable
Material Usage Variance = (6,000-17,750) * 12 = 141000 favourable
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Suppose that a firm produces electricity by burning coal. The production process creates a negative externality of air pollution. If the firm does not internalize the cost of the externality, it will produce where Select one: O a. the transaction costs of private bargaining are minimized. O b. the value of electricity to consumers equals the social cost of producing electricity. O c. the cost of the externality is maximized. O d. the value of electricity to consumers equals the private cost of producing electricity.
Option d is correct. The cost of producing power privately is equal to the value of electricity to customers.
Environmental degradation can result from economic activity. This trade-off occurs in all nations, whether they have high or low incomes, market- or command-oriented economies.
When a trade between a buyer and a seller has an effect on a third person who is not a part of the exchange, it is known as an externality, also referred to as a spillover. Externalities can be either good or bad.
Externalities are one form of a market failure. A market failure occurs when the market does not efficiently allocate resources on its own in a way that balances social costs and benefits.
In addition to the private expenses that businesses incur, social costs also comprise additional external costs that third parties outside the production process incur.
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the annual report for sneer corporation disclosed that the company declared and paid preferred dividends in the amount of $120,000 in the current year. it also declared and paid dividends on common stock in the amount of $2.20 per share. during the current year, sneer had 1 million common shares authorized; 320,000 shares had been issued; and 118,000 shares were in treasury stock. the opening balance in retained earnings was $820,000 and net income for the current year was $320,000.
The journal entries and the preparation of the statement of retained earnings is presented below:
The journal entries are as follows:
1. Cash Dividend Dr $120,000
To Dividend Payable $120,000
(To record the declaration of the dividend)
2. Dividend Payable Dr $120,000
To Cash $120,000
(To record the payment of the dividend)
3. Cash Dividend Dr [(320,000 - 118,000) × $2.20] $444,400
To Dividend Payable $444,400
(To record the declaration of the dividend)
4. Dividend Payable Dr $444,400
To Cash $444,400
The preparation of the retained earnings statement is presented below:
Sneer Corporation
Retained Earning statement
For the year ended December 31
Beginning balance of retained earnings $820,000
Add: Net income $320,000
Less: Cash Dividend paid -$564,400 ($120,000 + $444,400)
Ending balance of retained earning $575,600
And, the journal entry to close the dividend account is
Retained Earnings Dr ($120,000 + $444,400) $564,400
To Cash Dividends $564,400
(To record the closing entry for dividend)
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fiserv is an american multinational company , it provides financial technology services to clients across the financial services sector, including banks, thrifts, credit unions, securities broker dealers, mortgage, insurance, leasing and finance companies, and retailers.
As of 1984, Fiserv has existed. In less than 2 years after its founding, the business quickly expanded and was listed on the NASDAQ, mostly as a result of numerous acquisitions.
What does the company Fiserv do?Fiserv has been around since 1984 and enables users to move money and information. We now serve millions of businesses and thousands of financial institutions across more than 100 countries, making us a worldwide leader in payments and fintech.
What does Fiserv mean for banking?Every facet of your performance and growth concerns is addressed by a Fiserv partnership's comprehensive and integrated banking solutions. You benefit from having access to cutting-edge technology that enables you to meet rising expectations. access to a variety of banking knowledge to assist you in making future plans.
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Brussels Enterprises Issues bonds at par dated January 1, 2021, that have a $3,400,000 par value, mature in four years, and pay 6% interest semiannually on June 30 and December 31.1. Record the entry for the issuance of bonds for cash on January 1.2. Record the entry for the first semiannual interest payment and the second semiannual interest payment.3. Record the entry for the maturity of the bonds on December 31, 2024 (assume semiannual interest is already recorded).
1.
Date Account Title and Explanation Debit Credit
January 1, 2019 Cash $ 3,400,000
Bonds Payable $ 3,400,000
(To record the issuance of bonds )
2.
Date Account Title and Explanation Debit Credit
June 30, 2019 Interest Expense
( $ 3,400,000 x 9% x 6 /12 ) $ 153,000
Cash $ 153,000
(To record the first semiannual interest payment )
December 31, 2019 Interest Expense $ 153,000
Cash $ 153,000
(To record the second semiannual interest payment )
3.
Date Account Title and Explanation Debit Credit
December 31, 2022 Bonds Payable $ 3,400,000
Cash $ 3,400,000
(To record the maturity of the bonds )
Issuing corporate bonds is a means for companies to raise funds. Bonds act as loans between investors and companies. Investors agree to pay a company a fixed amount for a fixed period of time. In return, investors receive regular interest payments.
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ayayai corporation is authorized to issue 23,500 shares of $50 par value, 10% preferred stock and 120,000 shares of $5 par value common stock. on january 1, 2022, the ledger contained the following stockholders' equity balances. $525,000 preferred stock (10,500 shares) 70,000 paid-in capital in excess of par-preferred stock 325,000 common stock (65,000 shares) 730,000 paid-in capital in excess of par-common stock retained earnings during 2022, the following transactions occurred 1 issued 2,100 shares of preferred stock for land having a fair value of $121.000, issued 1.100 shares of preferred stock for cash at $70 per share
On January 1, 2022, the stockholders' equity balances are as follows:
Preferred Stock: $525,000 (10,500 shares)
Paid-in Capital in Excess of Par-Preferred Stock: $70,000
Common Stock: $325,000 (65,000 shares)
Paid-in Capital in Excess of Par-Common Stock: $730,000
Retained Earnings: $0
During 2022, the following transactions occurred:
1. Issued 2,100 shares of Preferred Stock for land having a fair value of $121,000.
The journal entry to record this transaction is as follows:
Debit Credit
Land $121,000
Preferred Stock $105,000
Paid-in Capital in excess of par-preferred stock $16,000
2. Issued 1,100 shares of Preferred Stock for cash at $70 per share.
The journal entry to record this transaction is as follows:
Debit Credit
Cash $77,000
Preferred Stock $55,000
Paid-in Capital in excess of par
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Pellegrino sparkling water has very light carbonation and is very refreshing compared to competing brands such as Perrier and La Croix. The advertising appeal is based on these attributes. Which of the following is correct about Pellegrino's advertising appeal? O It is a series of related advertisements focusing on a common theme or slogan. O It identifies the specific communication task that should be accomplished for a specified target audience during a specified period O It is a form of advertising designed to influence demand for a specific brand, O It identifies the reason for a person to buy the product,
His name is well-known in Italy, few people are actually familiar with his life story or the book that made him famous.
Who was Pellegrino?
Pellegrino Artusi of Forlimpopoli became well-known all over the world because to his 1891 manuscript "La Scienza in Cucina e l'Arte di Mangiar Bene" (Science in the Kitchen and the Art of Eating Well), which has also been translated into Dutch, Portuguese, Spanish, German, and French.
He may have imagined that his writings on the poet Ugo Foscolo would make him famous, but he was also a writer and a food and literary critic.
He is now most known for what is referred regarded as "the Gospel of Italian gastronomy."
Therefore, His name is well-known in Italy, few people are actually familiar with his life story or the book that made him famous.
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Despite theoretical a5sertions by M-M and others, many investors do care about dividends quite a bit. The chart below lists some factors that might affect an investor?s preference for dividends. Indicate whether the factors are likely to make an investor prefer to receive more or fewer dividends. Dividends are taxed in the year they are received, while capital gains are taxed when the stock is sold. When investors receive dividends today, they may choose to reinvest or consume goods. An investor is on a fixed income and depends upon returns from investment. If an investor dies, his heirs are not liable for taxes on the capital gains generated during the investor?s life. They are only liable for the capital gains earned since the investor?s death. The value of a dividend received today is known, but the value of a capital gain received in the future is uncertain.
An investor is a person who invests money with the hope of making a profit or gaining an advantage in the future (interest). [1] [2] The majority of the time, the investor purchases some kind of property
using the allocated funds. [3] Equity, debt, securities, real estate, infrastructure, money, commodities, tokens, derivatives like put and call options, futures, and forwards are a few examples of investment types. There is no distinction between primary market investors and secondary market investors in this definition. In other words, both individuals who invest money in a company and those who purchase stock do so. A shareholder is an investor who holds shares of stock.
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