If the production cost of a good increases and the price of its substitute good decreases, the supply curve will shift to and the demand curve will shift to: the left and the right.
1. When the production cost of a good increases, producers are less willing to produce the same quantity of the good at each price, causing the supply curve to shift to the left.
2. When the price of a substitute good decreases, consumers are more likely to purchase the substitute good, leading to a decrease in demand for the original good. This causes the demand curve to shift to the right.
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Which are affected by the factors of production? Check all that apply.
A.) the demand of the item
B.) the availability of the item
C.) the cost of the item
D,) the quality of the item
E.) the popularity of the item
Answer:
A
C
D
Explanation:
without demand no reason to product it
The cost of a item also greatly affects it
and how well they can make it without being too expensive
selected current year-end financial statements of cabot corporation follow. (all sales were on credit; selected balance sheet amounts at december 31 of the prior year were inventory, $50,900; total assets, $189,400; common stock, $87,000; and retained earnings, $37,847.) cabot corporation balance sheet december 31 of current year assets liabilities and equity cash $ 20,000 accounts payable $ 19,500 short-term investments 9,600 accrued wages payable 3,000 accounts receivable, net 30,000 income taxes payable 3,300 merchandise inventory 32,150 long-term note payable, secured by mortgage on plant assets 63,400 prepaid expenses 3,050 common stock 87,000 plant assets, net 152,300 retained earnings 70,900 total assets $ 247,100 total liabilities and equity $ 247,100 cabot corporation income statement for current year ended december 31 sales $ 455,600 cost of goods sold 297,250 gross profit 158,350 operating expenses 98,900 interest expense 4,100 income before taxes 55,350 income tax expense 22,297 net income $ 33,053
Amounts at December 31 of the prior year were inventory, $50,900; total assets, $189,400; common stock, $87,000; and retained earnings, $37,847.) Cabot corporation balance sheet December.
A balance sheet is an annual financial statement that contains information about a company's assets or liabilities at a particular point in time. This is one of the three main financial statements (the income statement and the cash flow statement are the other two) used to assess a company's performance.
In financial accounting, a balance sheet is a summary of the financial accounts of an individual or organization, whether it is a sole proprietorship, partnership, corporation, limited liability company, or other organization such as a government or non-profit organization. Regardless. profit units.
A balance sheet is a statement of a company's financial position. Record the company's assets and liabilities at the end of the accounting period after creating the trade account and profit and loss statement.
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nikita enterprises has bonds on the market making annual payments, with seven years to maturity, a par value of $1,000, and selling for $974. at this price, the bonds yield 7.2 percent. what must the coupon rate be on the bonds? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
The coupon rate on the bonds must be 7.01%.
To find the coupon rate on the bonds, we can use the formula:
Coupon Rate = Annual Coupon Payment / Bond Price
Given that the bond has a par value of $1,000, a selling price of $974, and a yield of 7.2 percent, we can calculate the annual coupon payment:
Annual Coupon Payment = Bond Yield * Bond Price = 0.072 * $974 = $70.128
Now, we can calculate the coupon rate:
Coupon Rate = $70.128 / $1,000 = 0.070128
Multiplying by 100 to convert to a percentage, we get:
Coupon Rate = 7.01% (rounded to 2 decimal places)
Therefore, the coupon rate on the bonds must be 7.01%.
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Notices provide a cheap way of communicating the same information to a large number of people but they may not be read, or may be ignored. True or false ?
Answer:
True
Explanation:
Notices can be regarded as a form of
formal communication to pass information to particular person as well as group of people. This could be inform of invitation to attend a meeting, legal notice from court, announcement of a particular event,
A manufacturing firm in the United States is looking to find a foreign country partner to team up with to share resources and knowledge for the purpose of establishing a new product and production facility that does not involve forming a completely new company. This is an example of ________.
A manufacturing firm in the United States is looking to find a foreign country partner to team up with to share resources and knowledge for the purpose of establishing a new product and production facility that does not involve forming a completely new company. This is an example of a strategic partnership
Strategic partnerships regularly share the dangers and advantages of the choices made by the two associations and are ordinarily non-contending organizations. By giving information, administrations, and different assets that the other business wouldn't in any case approach or could get through a money trade, an essential organization plans to add an incentive for the two players. An assembling organization is looking for an unfamiliar accomplice to team up with to share assets and involvement with a request to fabricate another thing and creation an office without laying a fresh-out-of-the-box new organization, is an illustration of an essential organization. Any organization participating in a critical partnership can reduce expenses while developing deals. A solid vital accomplice usually is a business that offers types of assistance you can utilize inside your own association or that you can give to your clients and clients while providing your own support to their customer base.
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Please help, thank you so much if you do! Getting timed for this.
Select the example in which cultural differences between the speaker and the audience may affect communication.
A presenter at a conference for addressing climate change wears an elaborate dress as part of a custom, drawing the attention of the crowd.
A software entrepreneur describes all of the uses men could find for a new cell phone during a product unveiling.
A teacher realizes that many of his students cannot follow his plan for a class because they do not own or have access to laptops.
A boss waits until late in the work day to deliver a speech to his staff members, and as a result, many of them are distracted.
Answer: A presenter at a conference for addressing climate change wears an elaborate dress as part of a custom, drawing the attention of the crowd
Explanation: The dress is a part of the persons custom, but everyone else not being a part of said culture, would be easily astounded by this new piece of clothing.
An example in which cultural differences between the speaker and the audience may affect communication is.
A. A presenter at a conference for addressing climate change wears an elaborate dress as part of a custom, drawing the attention of the crowd.
what is communication?A procedure by way of which information is exchanged among individuals through a commonplace system of symbols, signs, or conduct the feature of pheromones in insect communication also: trade of information. b: personal rapport is a loss of communication between old and young men and women.
Why is communication important?Desirable verbal exchange abilities are vital to allow others and yourself to understand information greater correctly and fast. In contrast, negative communique abilities lead to common misunderstandings and frustration.
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You have a small internet business selling hand-knit hats. you sell each of your hats for $35. Your variable expenses are as follows for one that?
The variable expenses for selling one hand-knit hat in your small internet business would be $12.
To calculate your variable expenses for selling one hand-knit hat, you need to consider the costs that vary based on the number of hats you sell.
Let's assume that the variable expenses for one hand-knit hat include the cost of materials and the cost of packaging.
1. Cost of materials: Calculate the total cost of materials used to make one hat. This includes the yarn, needles, and any additional embellishments. If the cost of materials for one hat is $10, then this would be your variable expense for one hat.
2. Cost of packaging: Consider the cost of packaging materials, such as labels, tags, and bags. If the cost of packaging for one hat is $2, then this would be your variable expense for one hat.
To find the total variable expenses for one hat, add the cost of materials and the cost of packaging together. In this case, $10 + $2 = $12.
Therefore, your small online business's variable costs for selling one hand-knit hat would be $12.
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Bought office equipment of 50,000 on cash and of RS' 70,000 on credit from Jayaraj
Journal Entry -
Purchase A/C dr 70,000
Office Equipment A/C dr 50,000
To Cash A/C 120000
(Being office equipment purchased on cash and credit)
What is in a journal entry?
Each journal access incorporates the statistics extensive to a unmarried commercial enterprise transaction, along with the date, the quantity to be credited and debited, a short description of the transaction and the money owed affected. depending at the business enterprise, it could list affected subsidiaries, tax info and other records.
Journal writing is the method of recording personal insights, reflections and questions about assigned or personal topics. journal tasks assigned in magnificence may additionally include your mind about day by day reports, analyzing assignments, current activities or technological know-how experiments.
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Richard has recently finished college and is about to prepare for his exam to become a certified public accountant. He wants to talk to other accountants to learn how best to prepare for this exam. Which professional organization would be most helpful for him to join?
Answer:
The accountant federation
Executive orders 12674 and 12731 form the foundation policy on the ethical conduct of Federal Employees
Answer: a. Making authorized commitments
Explanation:
Executive Orders 12674 and 12731 (which amended 12674) of 1989 and 1990 respectively, were signed by President Bush with the purpose of setting forth the principles of ethical conduct that were required of Federal Government Officers and Employees.
These principles were meant to ensure that government officials and employees abstained from Abuse of power whilst working in such a way as not to bring disrepute to the Federal Government.
All of the above are violations of the Order except option A which is stated in Part I Section 101 (f) of Executive Order 12674. It reads that, "Employees shall make no unauthorized statements..." thus insinuating that employees are allowed to make Authorized statements.
The options given are violations of these Executive Orders except A. Making authorized commitments.
It should be noted that executive orders 12674 and 12731 form the foundation policy on the ethical conduct of Federal Employees. They're simply used to guide the way that Federal workers behave.
The violations of the Acts include using public office for private gain, giving preferential treatment to any person or organization, and defrauding the government.
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nafta (north american free trade agreement) contributed to a. putting mexican corn farmers out of business. b. more jobs for both american and mexican workers. c. greater equality in incomes within the united states and mexico. d. a decrease in imports to the united states from mexico and canada.
The North American Free Trade Agreement (NAFTA) contributed to putting Mexican corn farmers out of business. (A)
NAFTA is an agreement between the United States, Mexico, and Canada that eliminated most tariffs, taxes, and other trade restrictions between the three countries.
This allowed for increased competition and increased imports of cheaper, often subsidized corn from the US and Canada, which undercut the prices of Mexican corn farmers, causing many of them to go out of business.
Additionally, NAFTA led to increased trade and investment, which created new jobs for both American and Mexican workers, although these jobs often paid lower wages than those previously held by Mexican corn farmers.
Finally, NAFTA did not significantly contribute to greater equality in incomes within the United States and Mexico.
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As of June 28, 2020, Cedar Fair had issued $201.5 million in season passes. Cedar Fair estimated that guests would use passes worth
$41.9 million during the remainder of 2020, $61.9 million from January 1 to June 30, 2021, and the remaining $97.7 million after June
30, 2021. What amounts should Cedar Fair classify as current versus noncurrent, in its balance sheet on June 28, 2020?
Based on Cedar Fair issuance of season passes,$103.80 million would be classified under current whereas $97.7 million is non-current
What does current classification indicates in the balance sheet?
The current classification in the balance sheet refers to assets that would be used up in up to a year or liabilities that would be settled within a year, any other item whose usage or settlement date is beyond 1 year is classified as non-current asset or liability.
In this case, Cedar Fair would classify the the amount of season passes usable within a year under the current liability and the remainder value of season passes that would be used after after June 30, 2021 as non-current liability.
current liability=$41.9 million+ $61.9 million=$103.80 million
non-current liability=$97.7 million
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1. If you are the seller, how will you improve your product to make it saleable? 2. If you are a buyer, what are the things do you need to consider in buying a product? Why?
Answer: 1) The product should be what meets the customer's need; No one wants to buy a product and dump it in their homes, so it must meet their exact needs. 2) Customer service: asides selling great product, a great customer service would bring the client, sustain them and through them get referrals
3) Having a great sales plan or campaign which would register the products in the hearts of the client.
Explanation:
Selling is a skill on its own to be learnt, and there some things to consider to have good sales, here are the following;
1) The product should be what meets the customer's need; No one wants to buy a product and dump it in their homes, so it must meet their exact needs. 2) Customer service: asides selling great product, a great customer service would bring the client, sustain them and through them get referrals
3) Having a great sales plan or campaign which would register the products in the hearts of the client.
Things I'll consider while buying a product;
1) How good it is: products are meant to be enjoyed and not endured.
2) Customer service: having someone who understands the product very well would always make the client time keep returning
While training for best practices is a good example of Classical Management, it's also A. time saving B. time expensive C. waste reducing 4
Time saving is a good example of Classical Management . The division of labour is one benefit of the classical management method. Larger projects are divided into manageable, smaller jobs.
What is another name for classical management?Early in the 20th century, scientific management theory—also known as classical management theory—became widely accepted and placed a focus on raising employee productivity. The traditional theory of management, which Frederick Taylor developed, promoted a systematic examination of the tasks and the personnel in charge of them.
What is modern traditional management?The neoclassical theory is a broad adaptation of the classical theory that takes behavioural science into account when managing a company. According to this view, an organisation is a social system, and human actions have an impact on how well it functions.
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question mode multiple choice question in an equipment capital budgeting decision, recovering the original investment means that the blank . multiple choice question. equipment was returned and the funds used to pay for the equipment were taken back funds used to pay for the equipment were provided by selling an old piece of equipment investment has generated enough cash inflows to completely cover the cost of the equipment
Recovering the initial investment in an equipment capital budgeting decision suggests that the investment has generated enough cash inflows to fully cover the cost of the equipment.
How would you define capital budgeting?Capital budgeting is the process of making financial decisions for long-term assets. It is a method of determining whether or not to spend money on a certain project because not all funding options will be profitable.
What kinds of choices are made with the aid of capital budgeting techniques?Financial decision-makers can make wise financial choices for projects that they anticipate lasting a year or more and that demand a sizable capital expenditure by using capital budgeting. Such initiatives could be: investing in brand-new machinery, technologies, and structures. upgrading and preserving current technology and equipment
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the interval of days between the time an order is placed and the time it is delivered is referred to as the:
The interval of days between the time an order is placed and the time it is delivered is commonly referred to as the "lead time".
This is an important metric in supply chain management, as it measures the time it takes for a product to move through the supply chain and reach the customer. Lead time can be affected by a variety of factors, including production time, transportation time, and inventory management. Understanding and managing lead time is critical for ensuring timely delivery of products to customers and maintaining a competitive edge in the marketplace.
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in a flexible exchange rate the exchange rate is determined by
Answer:
by supply and demand.
Explanation:
Calculate ending retained earnings as of 12/31/19 from the below information from 2019. Not all amounts will be used.
• Accounts receivable $850,000
• Depreciation expense $2,225,000
• Dividends declared and paid $2,500,000
• Net income $4,250,000
• Treasury stock $375,000
• Beg. Retained earnings 12/31/18 $7,520,500
• Accumulated depreciation $1,375,000
The ending retained earnings as of 12/31/19 is $7,045,500.
The ending retained earnings as of 12/31/19, we need to consider the following information:
1. Begin with the beginning retained earnings on 12/31/18, which is $7,520,500.
2. Add the net income for the year, which is $4,250,000.
3. Subtract the dividends declared and paid, which is $2,500,000.
4. Subtract the depreciation expense, which is $2,225,000, as it reduces the net income.
5. Adjust for any changes in the treasury stock. Since there is no information provided on the change in treasury stock during 2019, we can ignore this item.
6. Adjust for any changes in the accumulated depreciation. Since there is no information provided on the change in accumulated depreciation during 2019, we can ignore this item.
Therefore, the calculation for the ending retained earnings as of 12/31/19 would be:
Beginning retained earnings 12/31/18 + Net income - Dividends declared and paid - Depreciation expense
= $7,520,500 + $4,250,000 - $2,500,000 - $2,225,000
= $7,045,500
Therefore, the ending retained earnings as of 12/31/19 is $7,045,500.
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2) A deer is...
A. a kind of money.
B. a kind of animal.
C. made of shells.
D. gold or silver.
The answer is A.
Deers are animals
Check through that apply
How did foreign powers convince the United States of the need for a stronger federal government?
-The Spanish refused to allow the Americans access to the Mississippi River.
-North African pirates confiscated American goods and kidnapped American sailors.
-Both the British and the French closed off ports to American shipping.
-The French threatened to invade from Canada.
-A Mexican army invaded Texas.
-The Japanese were seizing land along the Pacific coast.
The answer is Both the British and the French closed off ports to American shipping.
What does a port do primarily?Ports function as significant transportation nodes that assist the transit of products. the transfer of cargo (including raw materials, components, and completed consumer goods) across all means of transportation, including rail, truck, air, and sea, to enterprises in nearby towns and on the global market.
What are ports known as?A port is a location near the mouth of a river, lake, or ocean where ships can load and unload their cargo. At a port, passengers can board or depart ships. It is sometimes referred to as a port or a harbor.
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3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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Define American Express’s overall business-level strategy.Does Bank 2.0 fit into American Express’s overall business-level strategy? •How does Bank 2.0 stand up against the competitors in the industry? •What insights does a SWOT analysis reveal about how Bank 2.0 should be positioned in the future? •Integrate the results of the analysis into recommendations for growing the business and combatting competitive pressures to maximize performance.
American Express's overall business-level strategy focuses on providing premium financial services to consumers and businesses through credit cards, payment solutions, and travel services. This strategy emphasizes customer loyalty, high-quality service, and innovation.
Bank 2.0 fits into American Express's overall business-level strategy by offering a modern, digital banking platform that enhances customer experience, increases operational efficiency, and complements existing financial products and services. It aligns with the company's focus on innovation and customer satisfaction.
Bank 2.0 stands up against competitors in the industry by leveraging American Express's strong brand reputation and offering advanced technology, personalized services, and seamless integration with existing products. This unique combination differentiates Bank 2.0 from traditional banks and fintech startups.
A SWOT analysis of Bank 2.0 reveals:
- Strengths: Strong brand reputation, innovative technology, and excellent customer service
- Weaknesses: Potential vulnerability to cyber threats and regulatory changes
- Opportunities: Expansion into new markets, partnerships with fintech companies, and adoption of emerging technologies
- Threats: Intense competition from both traditional banks and fintech startups, economic fluctuations, and changing consumer preferences
Based on the SWOT analysis, Bank 2.0 should be positioned as a cutting-edge digital banking solution that prioritizes customer experience and security. To grow the business and combat competitive pressures, American Express should consider the following recommendations:
1. Expand into new markets and customer segments to increase market share and diversify revenue sources
2. Form strategic partnerships with fintech companies to enhance product offerings and accelerate innovation
3. Invest in advanced cybersecurity measures to protect customer data and maintain trust
4. Continuously update and improve digital banking features to stay ahead of competitors and meet evolving customer needs
5. Strengthen marketing efforts to emphasize the unique benefits of Bank 2.0 and attract new customers
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Which symbol should you use for entering a formula in a cell?
A. +
B. =
C. $
D. ÷
E. #
Answer:
b) =
Explanation:
The equal sign ( = ) is the symbol that should be used for entering a formula in a cell. Hence, option (b) is the answer.
how long is the grace period for plus loans
Answer:
ummmmmm I'm not quite sure
Where can you locate the Function Library group?
View tab of the ribbon
Formulas tab of the ribbon
File tab of the ribbon
Insert tab of the ribbon
Answer:
I can locate the function library group on formulas tab of the ribbon.
You locate the Function Library group on the Formulas tab of the ribbon. The correct option is B. Select the Formulas tab on the Ribbon to open the Function Library. Look for the Group Function Library.
What is the library function answer?Predefined functions are library functions. The developer includes some built-in functions to help the user work. We don't need to write our own code for some operations. We can simply use one of the library functions to complete our task.
The formulas tab contains a function library. The function library on the formulas tab is a great place to start learning about functions. Here you can search for and select Excel functions. The Function Library Group enables the user to use all of the formulas in Excel. The function is automatically inserted in the selected cell.
Thus, the ideal selection is option B.
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Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
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 their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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The Two types of wills are:
- formal and holographic
- legal and fake
- formal and casual
- none of the above
an individual taxpayer sells some used assets at a garage sale. why are none of the proceeds taxable in most situations?
In most situations, the proceeds from the sale of used assets at a garage sale by an individual taxpayer are not taxable due to the "casual sale" exemption. The casual sale exemption applies to occasional sales of personal items, such as furniture, clothing, household goods, or other personal belongings. The Internal Revenue Service (IRS) considers these sales as non-taxable because the items are typically sold at a price lower than their original cost. Additionally, the IRS does not consider the sale of personal used items as part of the taxpayer's regular business activities. However, it's important to note that if the individual sells items for a profit on a regular basis or engages in a business of selling used goods, the income from such sales may be subject to taxation.
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your roommate says, "sales taxes are reported as an expense in the income statement." do you agree?
When an item is sold to a customer, sales tax applies. This is categorized as a current liability that must be paid to the government rather than a cost.
Does VAT correspond to sales tax?A flat tax assessed on an item is known as value-added tax (VAT). It is similar to a sales tax in some ways, but unlike a sales tax, the consumer pays the entire amount owed to the government at the point of sale. With a VAT, different parties to a transaction each pay a portion of the tax.
What is an illustration of a sales tax?Take a look at this sales tax illustration. Before you check out at The Clothing Boutique, you should estimate your final bill after taxes. The sum of the prices of the items in your cart adds up to $100. In that county, the sales tax is 9.5%, so you would divide $100 by 9.5% (100 x 0.095).
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Ted's property is in foreclosure, but he has some equity in his property. An investor suggests that she and Ted enter into a sales contract for a substantially higher price than the investor would actually pay. The investor pockets the cash and allows the house to be foreclosed on. What sort of scheme is this
Based on the given information the sort of scheme is: Equity skimming.
What is Equity skimming?Equity skimming can be defined as the way in which an investor defraud or steal a person property equity because the property is in foreclosure.
Since the investor pockets the cash he received from Ted and allow the house to be foreclosed the investor is engaging in what is called equity skimming which is fraudulent acts.
Inconclusion the sort of scheme is: Equity skimming.
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