The automobile was the backbone of economic growth. Other businesses, like tourism and steel production, grew as a result of the automobile.
What served as the foundation for economic expansion in the 1920s?As new industries like chemicals, aviation, and electronics took off and more established ones adopted Henry Ford's moving assembly line, productivity and economic output increased substantially. The Model T and the Model A that followed it revolutionized American culture.
Due to assembly line the automobile rose to prominence in the 1920s and remained the foundation of the American economy through the 1970s. Although it had a significant impact on the nation's society and geography, the business boom of the 1920s was the result of a number of other reasons as well. Due to the demand for suburban housing created by this improved mobility, the construction sector saw a boom.
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glacier bicycle company manufactures commuter bicycles from recycled materials. the following data for october are available: quantity of direct labor used 5,000 hrs. actual rate for direct labor $22.75 per hr. bicycles completed in october 800 bicycles standard direct labor per bicycle 6.0 hrs. standard rate for direct labor $24.00 per hr. a. determine for october the direct labor rate variance, direct labor time variance, and total direct labor cost variance. enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. direct labor rate variance $fill in the blank 1 direct labor time variance $fill in the blank 3 total direct labor cost variance $fill in the blank 5 b. how much direct labor should be debited to work in process? $fill in the blank 7
The total direct labor cost variance is $6250.
What is direct labor cost?A direct labor cost is a component of the wage bill or payroll that can be specifically and consistently allocated to or related with the production of a good, a specific job order, or the delivery of a service. Additionally, we can say that it is the price of the labor performed by the employees who really create the product on the assembly line. Planning the work to be done, specifying the job content, showing the ability, expertise, etc., and matching the jobs with the people can all be done to determine the direct labor cost. The wage is the sum of money given to the employee each hour as payment for the task completed.
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advertising by mail has become much less effective, with fewer consumers responding. because consumers are increasingly overwhelmed by the sheer amount of junk mail they receive, most discard almost all offers without considering them. thus, an effective way for corporations to
Cooperation among senders is possible, and that this junk mail avoiding behavior would change.
Advertising by mail has become much less effective, with fewer consumers responding. Because consumers are increasingly overwhelmed by the sheer amount of junk mail they receive, most discard almost all others without considering them. Thus, an effective way tor corporations to improve response rates would be to more carefully target the individuals to whom they mail advertising, thereby cutting down on the amount oi junk mall each consumer receives.
(E) This option directly supports the likelihood of the recommendation working. It flat out says that response rates to well targeted mail are better, and on top of that, even better than most forms of advertising in general (including traditional junk mail since the prompt says people discard almost all offers without considering them).
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Complete question:Advertising by mail has become much less effective, with fewer consumers responding. Because consumers are increasingly overwhelmed by the sheer amount of junk mail they receive, most discard almost all otters without considering them. Thus. an effective way tor corporations to improve response rates would be to more carefully target the individuals to whom they mail advertising, thereby cutting down on the amount oi junk mall each consumer receives.
Which of the following, if true, would most support this recommendation?
(A) There are cost effective means by which corporations that currently advertise by mail could improve response rates.
(B) Many successful corporations are already carefully targeting the individuals to whom they mail advertising.
(C) Any consumer who, immediately alter receiving an advertisement by mail, merely glances at it is very likely to discard it.
(D) Improvements in the quality of the advertising materials used in mail that is carefully targeted to individuals can improve the response rate for such mail.
(E) Response rates to carefully targeted advertisements by mail are considerably higher, on average, than response rates to most other forms of advertising.
the right to receive a share of the partnership net assets if the partnership is liquidated is called a(n)
A capital interest is a right to receive a share of the partnership's net assets if the partnership is liquidated.
The obligation or right to receive a portion of future profits or losses, also known as a "profits interest," and the right to receive a portion of the partnership's net assets in the event of its liquidation, both known as "capital interests." A financial stake in a company is known as a "capital interest." One who owns capital shares participates in the partnership's gains and losses.
A member's initial investment in the company's capital is a common factor in calculating capital interest. amount of all financial contributions made to the company. Guaranteed payments to partners are sums of money given as payment for labor or capital a partner has used. For partners or members of limited liability companies (LLCs), they essentially serve as the equivalent of a salary.
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the relationship between tax rates and tax revenue can be shown through the marginal productivity curve.
a. true
b. false
Answer:
falseeeeeeee
Explanation:
f f f f f f f
The relationship between tax rates and tax revenue can be shown through the marginal productivity curve, is the false statement. Hence, option B is correct.
What is the relationship between tax rates and tax revenues?The Laffer Curve is based on a theory by supply-side economist Arthur Laffer. It was created in 1974 and graphically illustrates the relationship between tax rates and the overall amount of tax revenue that governments receive. The curve is widely used to support the idea that reducing tax rates can increase total tax revenue.
Total tax income is calculated by multiplying the tax base by the tax rate. The main bases for taxation under current tax systems are income, spending, and assets. The tax rate is the sum of taxes applied to each unit of the tax base.
Thus, option B is correct.
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Find the missing values assuming continuously compounded interest. (Round your answers to two decimal places.)
Initial Investment: $600
Amount after 10 years: $1805
Interest Rate: ?
Amount of time it takes to double: ?
P = $1000
r = 2.1% = 0.021
Pert = 2P
=> 1000e0.021t = 2* 1000 = 2000
=> e0.021t = 2000 / 1000 = 2
=> ln e0.021t = ln 2
=> 0.021t = ln 2
=> t = 33.01 years
Amount after 10 years
= 1000e0.021(10)
= 1000e0.21
= $1233.68
The quantity is a property that can exist as a large number or magnitude, which illustrates discontinuity and continuity. Portions can be compared in phrases of "greater", "much less", or "equal", or through assigning a numerical price multiple of a unit of size. Mass, time, distance, warmth, and perspective are among the acquainted examples of quantitative properties. The amount is the various primary instructions of things along with quality, substance, exchange, and relation. A few portions are such by their internal nature (as a range), even as others function as states (properties, dimensions, attributes) of factors such as heavy and mild, long and short, broad and narrow, small and splendid, or a lot and little.
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we are evaluating a project that costs $848,000, has an eight-year life, and has no salvage value. assume that depreciation is straight-line to zero over the life of the project. sales are projected at 62,000 units per year. price per unit is $40, variable cost per unit is $24, and fixed costs are $636,000 per year. the tax rate is 24 percent, and we require a return of 20 percent on this project.
A project's susceptibility to undesirable fluctuations in the value of the underlying factors, such as the sales price, sales units, its indirect cost, and other variables, is assessed using sensitivity analysis.
Sensitivity analysis: What is it?According to a specific set of assumptions, sensitivity analysis evaluates how various values of an exogenous variables impact a specific dependent variable. In other words, analyses look at how different types of ambiguity in a mathematical formula affect the overall level of uncertainty in the model.
Briefing:Project has an eight-year lifespan, costs $848,000, and has no residual value. Over the course of the project's life, depreciation decreases linearly to zero.
Depreciation = $848,000 / 8 = $106,000
Contribution margin per unit = selling price - variable cost per unit
= 40 - 20 = $20 per unit
Accounting break-even point = (Fixed costs + Depreciation) / Contribution per unit
= (625,000 + 106,000) / 20
= 36,550 units
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What conflict management style brings freedom from entanglement in trivial issues and preserves the status quo?.
Conflict management that is accommodative in nature frees parties from becoming bogged down in unimportant matters and upholds the status quo.
What is conflict management?The way to manage conflict is to reduce its negative aspects while strengthening its positive ones. Conflict management aims to improve group outcomes for learning, such as performance in an organisational setting. A well-managed conflict may produce better outcomes for the organisation. One of three perspectives—win-lose, lose-win, or lose—can be used to approach a conflict. A disagreement that is lose-lose oriented typically results in a bad conclusion for all sides. One party is frequently favoured over the other, usually at their expense, in a win-lose mentality. The win-win method is one of the main tenets of conflict resolution.
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The government collects tax revenue of $100 million and has $105 million in outlays. The budget balance is a.
The government spends $105 million and receives $100 million in tax income. There is a $5 million deficit in the budget balance.
An overrun in spending over income results in a budget deficit, which can be a sign of a nation's financial stability. The phrase is frequently used to describe government spending rather than that of companies or people.
An expansionary fiscal strategy, which lowers income and corporation taxes (thereby cutting government revenue) and increases government expenditure on infrastructure and projects to draw in foreign investment and spur economic growth, may be financed by a budget deficit.
A budget deficit can help the economy in the short run by giving individuals more money to spend and invest. However, an excessive deficit might endanger economic expansion and boost inflation. Spending must be cut or revenue must be increased to undo the impacts of the big US deficit.
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the standard materials cost to produce 1 unit of product r is 7 pounds of material at a standard price of $70 per pound. in manufacturing 6,200 units, 42,000 pounds of material were used at a cost of $72 per pound. what is the direct materials price variance?
42,000 pounds of material, at a cost of $72 per pound, were used to make 6,200 units. The difference in the cost of direct materials is $14,000.
How does direct material work?Direct materials are the resources and materials used in the production of a product that may be directly related to that product. A list of the items that have been designated as direct materials is typically included in a product's bill of materials.
The bill of materials, which may sometimes include an allocation for overhead, lists the unit amounts and typical costs of each item used in a product.
The term "direct material" refers to all waste and spoilage produced during the production process. Scrap is the surplus, pointless material that remains after a product is produced.
Calculation:
First, we arrive at the average cost of manufacturing.
The typical cost to produce 6,200 units is = 7 × $70 × 6,200
Standard cost = $30,38,000
and, now that we arrive at actual manufacturing costs
The real price of producing 6,200 units is = 42,000 × $72
Actual cost = $30,24,000
and here we are now Variance in direct material cost represented as
Standard cost minus Actual cost is the direct material cost variation.
Direct material cost variance = $30,38,000 - $30,24,000
Direct material cost variance = $14,000 favourable
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as the system administrator for a large financial institution, you have been assigned to upgrade the laptops for the sales representatives in your company. you have installed a 2-tb ssd drive in each of the laptops for quick access and storage of large multimedia files. you have also upgraded the memory to 16 gb and made sure that all the device drivers are updated. after delivering the upgraded laptops to the sales representatives, you begin to receive calls and emails saying that saving videos and other large files to the ssd drive is sluggish and sometimes impossible. which of the following is the best first-step solution for trying to resolve the issue?
As the Systems Administrator, the best first-step solution for trying to resolve the issue is to check the processing speed of the computers as well as the versions of windows installed viz a viz whether or not they are 32 or 64 bits. When a 32-bit driver is installed on a 64-bit system, it can lead to issues.
Who is a systems administrator?System administrators, often known as sysadmins, are information technology (IT) specialists that ensure that an organization's computer systems are operational and suit its demands. Sysadmins provide assistance, troubleshooting, and upkeep for computer systems and networks.
Based on their tasks and responsibilities, the four categories of system administrators are as follows:
Administrators of networks. Network administrators oversee an organization's overall network infrastructureDatabase AdministratorsServer/Web AdministratorsSecurity Systems Administrators.System administration may not always necessitate coding. It entails total control of the computing environment. However, sysadmins may be required to code at times in order to assist software engineers or developers. As a result, learning to code is advantageous.
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a communications company pays annual dividends of $8.50 with no possibility of it changing in the next several years. if the firm's stock is currently selling at $60.71, what is the required rate of return? (round to nearest whole number)
The correct answer 14%
P = D1/(r-g)
60.71 = 8.50/(r-0)
r = 8.50/60.71 = 14%
What is required rate of return?
The minimal profit (return) an investor will seek or expect in exchange for taking on the risk of investing in a stock or other type of security is known as the required rate of return (RRR). RRR can also be used to determine a project's potential profitability in relation to its funding costs.
For instance, an investor who can earn 10% annually by purchasing US bonds would first set a required rate of return of 12% before considering a riskier investment.
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question content area where are selling and administrative expenses found on the multiple-step income statement? a.after sales and before gross profit b.after net income and before expenses c.after gross profit d.before gross profit
Selling and administrative expenses are found after gross profit.
What is Gross profit?
A company's gross profit is calculated by deducting its entire sales from its total cost of products sold. All products sold by the business are included in the overall sales. All of the variable costs related to sales are added together to form the overall cost of the products sold. The cost of products sold is subtracted from revenue to calculate gross profit, also known as gross income. In general, fixed costs are not taken into account when calculating gross profit; only variable costs are. On the surface, a gross profit margin ratio of between 50 and 70 percent would be seen as healthy, and it would be for many different kinds of enterprises, including restaurants, merchants, manufacturers, and other goods makers.
Hence, Selling and administrative expenses are found after gross profit.
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a project has sales of $300,000, costs of $200,000, depreciation of $60,000, interest expense of $4,000, and a tax rate of 21 percent. what is the value of the depreciation tax shield?
The value of the depreciation tax shield is (C) $12,600.
What is depreciation?An asset loses value over time as a result of use, damage, or obsolescence.
Depreciation is the measurement of this decline.
Depreciation, or a decline in asset value, can be brought on by a variety of other variables, such as bad market conditions, etc.
So, the value of the depreciation tax shield:
The depreciation tax shield formula: Depreciation Tax Shield = Depreciation Expense * Tax Rate %
Now, substitute values and calculate as follows:
Depreciation Tax Shield = Depreciation Expense * Tax Rate %
Depreciation Tax Shield = 60,000 * 0.21
Depreciation Tax Shield = $12,600
Therefore, the value of the depreciation tax shield is (C) $12,600.
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Complete question:
A project has sales of $300,000, costs of $200,000, depreciation of $60,000, interest expense of $4,000, and a tax rate of 21 percent. what is the value of the depreciation tax shield?
a. $47,400
b. $24,800
c. $12,600
d. $38,800
Which of the following activities takes place most immediately once the mission has been developed?
A) The firm develops alternative or back-up missions in case the original mission fails.
B) The functional areas develop their functional area strategies.
C) The functional areas develop their supporting missions.
D) The ten OM decision areas are prioritized.
E) Operational tactics are developed.
The mission development activity occurs most quickly when the functional areas generate their supporting missions.
The supporting missions are developed by the functional areas. An international business and a multinational corporation differ in certain ways.
The next step for an organization after creating its mission statement is to create the precise goals targeted at fulfilling that aim.
A practical planning method called VMOSA (Vision, Mission, Objectives, Strategies, and Action Plans) is used to assist community groups in defining a vision and creating workable change-implementing strategies. VMOSA assists your company in setting and achieving short-term objectives while staying focused on your long-term objectives. Including this planning process in your group's activities can help you establish consensus, define your objective, and ground your aspirations. This section examines when and how to integrate VMOSA into the planning process at your organization.
goals for the process. These are the goals that speak to carrying out the actions required to accomplish other goals. The committee might decide to establish a detailed strategy for enhancing local housing, for instance.
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under the conduit theory, taxes payable on dividends and interest distributed by a regulated investment company are paid:
According to the conduit idea, the investment company alone is responsible for paying taxes on dividends and interest distributed by regulated investment companies. exclusively by the shareholder.
What is the conduit theory of taxation?According to the conduit theory, an investment company that distributes all of its shareholders' dividends, interest, and capital gains shouldn't be subject to corporate taxes. The idea that these businesses should be viewed as conduits or pipelines is known as conduit theory.a US investment corporation that has chosen to be treated as a RIC and complies with particular tax regulations regarding its assets, revenue, and payouts. Typically, closed-end investment corporations and mutual funds are taxed as RICs.Any sort of business, such as mutual funds, exchange-traded funds (ETFs), unit investment trusts, or real estate investment trusts, might qualify as a regulated investment company (RIC) (REITs).
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three years ago, witt gas controls purchased equipment for $80,000 that was expected to have a useful life of 5 years with a $9000 salvage value. increased demand necessitated an upgrade costing $30,000 one year ago. technology changes now require that the equipment be upgraded again for another $25,000 so that it can be used for 3 more years. its annual operating cost will be $48,000 and it will have a $19,000 salvage value after 3 years. alternatively, it can be replaced with new equipment that will cost $68,000 with operating costs of $35,000 per year and a salvage value of $21,000 after 3 years. if replaced now, the existing equipment will be sold for $12,000. (a) calculate the annual worth of the defender at an interest rate of 10% per year. (b) determine the aw of the challenger over 3 years and select it or the defender.
Finding Equivalent annual cost ( EAC)
We will decide based on the EAC of the machines
Discount rate 10%
initial cost of new machine =56000(68000-12000)
A
EAC =(130093.19/4.24)
(30,695.80)
EAC=(127262.2089/4.24)
(30,027.65)
B
New machine EAC is lesser than the Upgraded machine EAC, hence the company better replace the new machine with the old machine.
The same and equivalent are phrases that are used often in mathematics. The main distinction between same and equal is that the time period same refers to things that can be comparable in all components, while the time period equivalent refers to things that can be comparable in a specific factor.
The price of $one thousand nowadays, $1010 in 3 months, and $1040 in three hundred and sixty-five days are referred to as equivalent values as they represent the same investment with the identical hobby fee at one-of-a-kind times. That is critical because for you to compare alternatives, we have to make a rational choice on a particular date known as the focal date.
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a company experienced an event that caused assets, liabilities and cash flow from financing activities to increase, but had no affect on net income. this could be due to .
An occurrence happened to a corporation that increased its assets, liabilities, and cash flow from financing activities but had no impact on its net income. this might be a result of borrowing funds with a two-year maturity period.
Financing activities relate to agreements made between a company and its owners and lenders to obtain or recoup resources. In other words, financial activities provide the business with funding and enable debt repayment, and profit for the owners. Financing activities include giving and receiving equity.
Investors and debt providers for the business must be informed in detail about financing activities. By considering these behaviors, one can assess the financial effectiveness of the company. It displays the group's ability to raise money and manage finances.
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caesar leads several projects at apple pie industries. he likes to utilize a simple bar graph that shows how much work has been completed on various projects along with processes that are falling behind schedule. caesar is using a(n)
To represent the progress in the form of a pie chart, Caesar must be using an Gantt chart.
A Gantt chart is a project management tool which illustrates a project plan, whose project schedule is determined or compared using the starting and end targets. It was Henry Gantt in the early twentieth century. This chart allows the user to easily comprehend complex tasks, follow routine plans and keep a check on the progress made. Plotting the progress and the lag in any project enables Caesar to keep close observation on the work. It also increases his efficiency in maintaining records. Some essential features of Gantt Charts could be as follows:
Task NamesTask DurationDependenciesTask hierarchiesLearn more about Gantt chart at:
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transfer prices a.can be set as low as variable costs. b.are used to motivate managers. c.may be used for cost, profit, and investment centers. d.all of these choices are correct.
Transfer prices can be d. all of these choices are correct.
When commodities are transferred between divisions of the same business, transfer pricing accounting is used. When billing another division, or subsidiary, a transfer price is calculated based on market rates. By adding a margin to the cost, which is done by compiling the standard cost of a component and adding the usual profit margin, they can be set as low as variable costs.
When decentralized units are set up as cost, profit, or investment centres, transfer prices may also be used. Further, these prices are used by firms to reduce the parent firm's overall tax burden, which also helps to motivate the managers as the process comes in synchronization.
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sam seller and bill buyer meet out in a field. neither sam nor bill has the commission approved contract form, so bill pulls out his handkerchief and writes down the address of the property, price, date of closing and collects $50 from bill. bill and sam sign the piece of paper. is this a valid contract?
In the given situation, the contract formed by Sam and Bill is not a valid contract.
What is a contract?A contract is an enforceable legal arrangement that establishes, details, and regulates the rights and duties of the parties. The transfer of commodities, services, money or a promise to transfer any of those at a later time are common components of contracts.The simplest definition of a contract is a commitment that is legally binding. The commitment could be to carry out or abstain from a certain action. A contract must be made by two or more parties who must agree to it, with one of them typically making an offer and the other accepting it.Construction Contracts: 4 Types
Lump-Sum Agreements.Cost-Plus-Fee Agreements.Contracts with a Guaranteed Maximum Price.Unit-Price Agreements.Therefore, in the given situation, the contract formed by Sam and Bill is not a valid contract.
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what is the evpi? success moderate success failure probability 0.3 0.3 0.4 sell company 95 95 95 form joint venture 210 120 46 sell software on own 420 164 -100 submit answer format: number: round to: 1 decimal places. unanswered not submitted attempts remaining: 2
The expected value of perfect information (EVPI) is 78.
What is EVPI and how to calculate EVPI?
EVPI or expected value of perfect information is the value of a person's willingness to pay for access to perfect information.
EVPI can be calculated by choose the best or highest expected value in each situation and subtract that by expected value with perfect information.
EVPI = EV|PI - EMV
First, we calculate expected value in each situation
Expected value sell company = 95×0.3 + 95×0.3 + 95×0.4
= 95
Expected value form joint venture = 210×0.3 + 120×0.3 + 46×0.4
= 117.4
Expected value sell software on own = 420×0.3 + 164×0.3 - 100×0.4
= 135.2
So, the highest expected value or EMV is 135.2
Then, for EV|PI is to choose best state or best value
EV|PI = 420×0.3 + 164×0.3 + 95×0.4
= 213.2
EVPI = EV|PI - EMV
= 213.2 - 135.2
= 78
Thus, the expected value of perfect information (EVPI) is 78.
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the production manager for the classic boat corporation must determine how many unitsof the classic 21 model to produce over the next four quarters. the company has a beginninginventory of 100 classic 21 boats, and demand for the four quarters is 2000 units inquarter 1, 4000 units in quarter 2, 3000 units in quarter 3, and 1500 units in quarter 4. thefirm has limited production capacity in each quarter. that is, up to 4000 units can be producedin quarter 1, 3000 units in quarter 2, 2000 units in quarter 3, and 4000 units in quarter4. each boat held in inventory in quarters 1 and 2 incurs an inventory holding cost of$250 per unit; the holding cost for quarters 3 and 4 is $300per unit. the production costsfor the first quarter are $10,000 per unit; these costs are expected to increase by 10% eachquarter because of increases in labor and material costs. management specified that theending inventory for quarter 4 must be at least 500 boats.
The company has a beginning inventory of 100 Classic 21 boats, and demand for the four quarters is 2000 units in quarter 1, 4000 units in quarter 2, 3000 units
What is demand?Demand is just a consumer's desire to buy products and services immediately and to pay the price associated with them. Demand can be defined as the number of things that consumers are prepared and willing to purchase at various prices within a specific time frame.
The average inventory level has been taken as (Beginning Inventory + Production + Ending Inventory) / 2. However, in some texts, one may find formulae like (Beginning Inventory + Ending Inventory) / 2. But the first formula becomes the production manager for the classic boat corporation must determine how many units of the classic 21 model to produce over the next four quarters
Therefore, The company has a beginning inventory of 100 Classic 21 boats, and the demand
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As liv golf expands to 14 events in 2023, how much money will be available to competitors in the upcoming season?.
The LIV Golf League will include 48 players competing on 12 established team franchises for an unprecedented $405 million in prize money in the series' expansion to 14 tournaments in 2023, the circuit announced on Wednesday.
What compensation do LIV golfers receive?
The winning team will receive a total of $16 million, which will be divided among its four members. The second-place team will receive $10 million, while the third-place team will receive $8 million apiece. Even the last-place team will receive $1 million in prize money. In addition to the individual and team winnings from each event, let's take a look at how much each LIV Golf player has earned so far in 2022.Learn more about LIV golfers
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if a perfectly competitive industry is in a long-run equilibrium and there is a permanent increase in demand, then immediately following the demand shift as the market moves to a short-run equilibrium and before it moves to a long-run equilibrium, there is:
If a perfectly competitive industry as the market moves to a short-run equilibrium and before it moves to a long-run equilibrium, there is: an increase in demand
In a perfectly competitive market at long-run equilibrium, an increase in demand produces economic gains in the short term and market entry in the long run. Declining demand will lead to economic losses (negative economic gains) in the short term and will force some companies to exit the industry in the long term.
What is a perfectly competitive market?
In economic theory, perfect competition means that all firms sell the same product, market share does not affect prices, firms can enter or exit without barriers, buyers have perfect or perfect information, firms Occurs when cannot determine the price.
Advantages of perfect competition are :
There are no barriers to entry, so incumbents cannot acquire monopoly power. Producers only cover opportunity costs, as only regular profits accrue. There is perfect knowledge and companies can sell anything they can produce, so they don't have to spend money on advertising.Learn more about perfect competition :
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When considering the international marketplace, small- and medium-sized firms tend to.
Small and medium-sized businesses frequently ignore overseas markets when thinking about the global marketplace in favor of concentrating their efforts on the local market.
Small and medium-sized enterprises, also known as small and medium-sized firms, are companies with staff and income below a particular threshold. International entities like the World Bank, the European Union, the United Nations, and the World Trade Organization all use the acronym "SME."
Small and medium-sized businesses are crucial to the expansion and development of an economy. This is because the establishment, maintenance, and expansion of SMEs are seen as essential to the industrial sector's development in developing economies.
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Reality Ltd. has an Authorised Capital of 11,000 Equity Shares of ₹ 100 each. It issued 5,000 Equity Shares to public for subscription payable ₹ 30 on Application, ₹ 30 on Allotment, and ₹ 20 on first call and balance
on final call. The whole of the issue was called for by the Company and all the money was duly received except first and final call money on 500 Shares and these Shares were forfeited. Out of the Forfeited Shares,
300 Shares were reissued for ₹ 110 each fully paid up.
Show Share Capital and Reserves and Surplus in the Balance Sheet of the Company as per Schedule III of Companies Act, 2013 as at 31st March, 2022.
Share capital Balance is Rs. 480000 and Reserve and Surplus Balance is Rs. 3000.
It is given that 5000 shares were issued for subscription payable ₹ 30 on Application, ₹ 30 on Allotment, and ₹ 20 on first call and 20 final call.
All the money was duly received except first and final call money on 500 Shares and these Shares were forfeited.
Thus, the amount received on application = ₹ 30 × 5000 = ₹150000 and share capital account will be credited with ₹150000
the amount received on allotment = ₹ 30 × 5000 = ₹150000 and share capital account will be credited with ₹150000
the amount received on first call = ₹ 20 × (5000 - 500) = ₹90000 and share capital account will be credited with ₹100000
the amount received on final call = ₹ 20 × (5000 - 500) = ₹90000 and share capital account will be credited with ₹100000
It is given that 500 shares are forfeited. Thus, the amount received on these 500 shares will be transferred to the forfeiture account and share capital account will be debited with ₹50000
Thus, forfeiture account balance = 500 shares × (30+30) = ₹30000
Share capital balance = ₹150000 + ₹150000 + ₹100000 + ₹100000 - ₹50000 = ₹450000
It is also given that 300 shares are reissued at ₹110.
Thus, share capital account will be credited with ₹30000 and share premium account will be credited with ₹3000. Amount received from reissue will ₹33000.
Thus, Share capital balance = ₹150000 + ₹150000 + ₹100000 + ₹100000 - ₹50000 + 30000= ₹480000
Reserve and Surplus Balance ( Share premium account) is ₹3000.
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country a is a more developed country with a low birth rate, a low total fertility rate, a high life expectancy, and a high percentage of urban population. based on this information, which of the following outcomes is most likely to occur in country a?
The outcome that is most likely to occur in country a, which is a more developed country, is pressures on pension and social security programs are at critical levels as the number of elderly increases.
What is a developed country?A developed country is a sovereign state that has developed economy, a high quality of life, advanced technological infrastructure relative to other less industrialized nations. The criteria for evaluating the degree of economic development are, most commonly, gross domestic product (GDP), gross national product (GNP), level of industrialization, the per capita income, amount of widespread infrastructure and general standard of living.
The multiple choices of the question are probably these:
A) Guest workers coming from less developed countries are needed to fill the labor shortages in urban areas.B) Declining youth populations and falling birth rates result in an increase in school construction in urban areas.C) Social security programs and pressures on pension are at critical levels as the number of elderly increases.D) National and provincial politicians must tailor their political campaigns to appeal to rural voters.E) As elderly populations downsize and seek to be closer to urban amenities, suburban house construction declines.In that case, C would be the correct option.
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a retail outlet is being designed in a strip mall in nebraska. for this outlet, the installed fiberglass insulation to protect against heat loss in the winter and heat gain in the summer will cost an estimated $100,000. the annual savings in energy due to the insulation will be $18,000 at eoy one in the 10-year life of the outlet, and these savings will increase by 12% each year thereafter. if the annual interest rate is 15%, what is the present value of the energy savings? pinoybix
The present equivalent of energy savings is $88,000 and since the amount is less than the cost of insulation, the cost of insulation is not justified.
What are equivalent energy savings?Energy Efficiency on a par Measure refers to decreases in the use of fossil fuels other than natural gas or the use of other energy sources not derived from fossil fuels that are equivalent to decreases in the consumption of natural gas or electricity.Energy conservation measures include turning off the lights when leaving a room, unplugging appliances when not in use, and choosing to walk rather than drive. Gaining more control over their energy bill and lowering the demand for the planet's natural resources are the two main motivations for energy conservation.According to our question -
the cost of installation is $90,000. the life of insulation is 7 years.
the interest rate, r is 0.18.
the cash flow series of energy savings is a geometric cash flow series. where the first cash flow , A is $16,000 and the geometric gradient is 0.15
The present equivalent of energy savings is given by:
P = A[(1+(1+g)^n(1+i)^-n)/(i-g)]
= (16000)[(1+(1+0.15)^7(1+0.18)^-7)/(0.18-0.15)]
= $88,000
Hence, The present equivalent of energy savings is $88,000 and since the amount is less than the cost of insulation, the cost of insulation is not justified.
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business math 1. you've been told that a potential investor wants at least 22% of the business plan to focus on market analysis. if your business plan is 18 pages, how many pages should be devoted to market analysis
Market analysis is an essential component of any business plan. This section needs to demonstrate your knowledge of your specific market as well as the market's financial attractiveness.
Potential investor = 22%
Business plan = 18
Market analysis = 18 x 22/100
= 3.96
A market analysis evaluates a market both quantitatively and qualitatively. It examines the market's size in terms of both volume and value, the different consumer segments and purchasing patterns, the level of competition, and the overall business climate in terms of entry barriers and regulations.
Depending on the kind of company you are marketing to investors, your strategy for determining the market's size will vary. If your company plan is for a small store or restaurant, you must adopt a local strategy and attempt to evaluate the market in the area. If you are preparing a business plan for a chain of restaurants, you must analyse the market on a national scale.
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which of the following transactions/events commonly give rise to cash outflows of business entities? (select all that apply.) multiple select question. treasury stock is purchased. depreciation is accrued periodically. common stock is sold to investors. inventory is purchased.
An equipment purchase would generate a cash outflow and be categorized as a cash outflow from investing activities.
What are stocks?A stock, usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle its owners to a share of the company's assets and income in proportion to the number of shares they possess.Most individual investors' portfolios are built on stocks, which are mostly bought and sold on stock exchanges.Government standards designed to shield investors from dishonest tactics must be followed during stock trades.Based on the proportion of shares an investor owns to the total number of outstanding shares, a shareholder is regarded as an owner of the issuing firm.If a corporation has 1,000 outstanding shares of stock and one shareholder has 100 of those shares, that shareholder would possess and be entitled to 10% of the company's assets and profits.Hence, An equipment purchase would generate a cash outflow and be categorized as a cash outflow from investing activities.
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