A more efficient means of processing algae to produce an anticancer drug is discovered. As a result, the supply curve for the drug will: __________

a. shift to the right, increasing the price of the drug.
b. shift to the left, increasing the price of the drug.
c. shift to the right, decreasing the price of the drug
d. shift to the left, decreasing the price of the drug.

Answer:

2.25 units.

Explanation:

Processing time is 5 minutes per unit for step 1. The total capacity is 60 minutes then no. of units produced can be;

60 / 5 = 12 units per hour.

For second step processing time is 4 minutes per unit. There is 0.85 unit of product is scrapped. Then no. of units produced per hour can be ;

60 / 4 = 15 units per hour.

After scrap the net product units per hour will be;

15 units * [1 - 0.85] = 2.25 units per hour.

Answer:

Influencer

Explanation:

An influencer is a person that has the ability to affect the purchasing decision of customers through their authority, position, relationship, or relationship.

They have good social relations and this is an asset in directing customer buying decision.

In the given scenario Melanie has a strong personal interest in technology, and is known throughout the firm as the one with the most knowledge about new kinds of communications technologies.

This knowledge will be beneficial in the buying centre, where she can be an influencer.

Answer: B and C

No foreign sector

The price level is constant until the economy reaches its full-employment level

Explanation:

Keynesian economics refers to the theory that relates to total spending in the economy and how it affects output, Inflation and employment in the economy.

Assumptions of the Keynesian Model include:

• No foreign sector as economy is closed.

• Demand creates its own supply.

• The aggregate price level is fixed. ...

• The price level is constant until the economy reaches its full-employment level

• No retained earnings etc.

Answer:

Arbitration

Explanation:

The arbitration process seems to be the best way to make the settlement process happen in this case. The arbitration process will be between labor and management as an impartial third party (arbitrator or arbitral tribunal) takes charge of the process. Once both parties have agreed to arbitraueb, the arbitrator then proffers powerful ways of ensuring dispute resolution in such a way that a mutual agreement is reached by both labor and management. Even though proferred solution shouldn't be compulsorily adopted by the conflicting parties.

Answer:

$7.24

Explanation:

PV at the risk free rate = $1,900 / (1 + 0.055)

PV at the risk free rate = $1,900 / 1.055

PV at the risk free rate = $1,800.95

Number of options needed = (2,400 - 1,900) / (400 - 0)

Number of options needed = 500 / 400

Number of options needed = 1.25

Total assets = (No of options needed*Value of equity) +  Present value at the risk free rate. Let Value of equity be C0

$1,810 = (1.25*C0) + $1,800.95

$1,810 - $1,800.95 = 1.25*C0

C0 = $9.05 / 1.25

C0 = $7.24

So, the Value of equity in this firm is $7.24.

Answer:

Written off = $17,200

Explanation:

                               Allowance for Bad Debt Account

Debtors (Write off) (Bal. fig)  $17,200     Beginning Bal.         $10,600

                                                                 Bad debt expense  $18,800

Ending Balance                     $12,200

Thus, the total amount of past-due accounts receivable that were written off as uncollectible during the year is $17,200.

Answer and Explanation:

The journal entry is given below:

Work in process - finishing department $28,800 ($62,200 - $44,200) × 160%

Work in process - assembly department $70,720 ($44,200 × 160%)

    To Manufacturing overhead $99,520

(Being the overhead allocated to assembly and finishing department)

Here the work in process is debited as it increased the assets and the manufacturing overhead is credited as it decreased the expesne

Complete Question:

Futura-Core Technologies, an electronics manufacturing firm, has advantages in financial capability and sustainability, but a disadvantage in speed of innovation. It is also at a disadvantage relative to Core-Dynamix Technologies, another electronics manufacturing firm, in important factors such as manufacturing capability and adaptability to market conditions.

Answer:

C. comparative advantage

Explanation:

Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.

Generally, comparative advantage gives a country or business firm a stronger sales margin than their competitors because they are able to sell their specific products or render their peculiar services at a lower opportunity cost.

Hence, the term which best describes Futura-Core's abilities in comparison to Core-Dynamix is comparative advantage.

Answer:

Note See full and organized question in the attached picture below

1. Platform businesses tend to frequently outperform pipeline businesses.

2. Platforms scale more efficiently than pipelines by eliminating gatekeepers.

3. Platform businesses leveraging digital technology can grow much faster.

4. Platforms unlock new sources of value creation and supply.

5. Feedback loops from consumers to the producers allow platforms to fine-tune their offerings and to benefit from big data analytics.

Answer:

a. $203.125

Explanation:

Calculation to determine the net profit/loss on this option to the investor

Net profit/loss=((1.900 - 1.885) - 0.0215)(31,250)

Net profit/loss=(0.015-0.0215)*31,250

Net profit/loss=0.0065*31,250

Net profit/loss=$203.125

Therefore the net profit/loss on this option to the investor will be $203.125

Answer: the amount by which the resource can increase given shadow price.

Explanation:

The allowable increase refers to the amount by which the coefficient of the objective function can be increased without bringing about a change in the optimal basis.

The allowable increase for a constraint is the amount by which the resource can increase given shadow price. Therefore, the correct option is B.

Answer:

a. True

Explanation:

The Power-Distance Index refers to the relationship and interaction between a high ranking individual and a low ranking individual. The index depends on how a low ranking individual reacts to a high ranking individual.

It measures the degree where the members of a  society or group accepts the hierarchy of the power and the authority.

Thus according to the high power distance index score, individuals with high power are entitled to number of privileges in a country or in society.

Hence the answer is TRUE.

Answer:

are last in line to receive income.

Explanation:

Common stock holders are referred to as the owners of the company. They own shares that gives them the right to vote in a company's general meeting, receive dividends, and they have the right to get newly issued shares in the company before others.

However they are also called unsecured creditors of the company because when the business makes income they are the last in line to receive dividends if any remains.

Also in the case of bankruptcy preference share holders and other creditors are paid first. Common share holders are paid last.

Answer:

Net income from operating activities = $77000

Explanation:

Below is the calculation for Net income from operating activities:

Given the net income = $60000

Decrease in accounts receivable = $8000

Increase in accounts payable = $4000

Depreciation = $5000

Add the values in the net income in order to get the net income from operating activities.

Net income from operating activities = 60000 + 8000 + 4000 + 5000

Net Income from operating activities = $77000

Answer:

The amount of the impairment loss to be recorded is $6,800.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

On January 1, 2020, Starn Tool & Manufacturing Company purchased a copyright for $31,000 cash. It is estimated that the copyrighted item will have no value by the end of 10 years.

Assume that on January 2, 2022, the copyrighted item was impaired in its ability to continue to produce strong revenues. The other intangible assets were not affected. Starn estimated that the copyright would be able to produce future cash flows of $22,100. The fair value of the copyright was determined to be $21,100. Compute the amount, if any, of the impairment loss to be recorded.

The explanation of the answer is now provided as follows:

Amortization expenses for 2020 = Annual amortization expense = Copyright cost / Estimated useful life of the copyright = $31,000 / 10 = $3,100

Book value of copyright on January 2, 2022 = Copyright cost - Amortization expenses for 2020 = $31,000 - $3,100 = $27,900

Copyright fair value = $21,100

Impairment loss = Book value of copyright on January 2, 2022 - Copyright fair value = $27,900 - $21,100 = $6,800

Therefore, the amount of the impairment loss to be recorded is $6,800.

Answer:

$5749.02

Explanation:

The first step is to determine the future value of my sister's deposit

The formula for calculating future value:

FV = P (1 + r)^n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years

5500 (1.088)^6 = $9122.97

the second step is to determine the present value of  $9122.97 using an interest rate of 8%

$9122.97 / (1.08)^6 = $5749.02

Answer:

C. services were provided.

Explanation:

If Fees Earned has been credited, it is most likely that: "services were provided."

For fees to be earned it means something must have been done in exchange for the fee. Considering this is a business-related issue, then it is correct to conclude that "If Fees Earned has been credited, it is most likely that: services were provided."

Option A is not correct because the overstatement of revenue is not related to the fee warmed being credited.

Option B is not correct, because a payment made in advance does not correlate to a fee earned. Option D is not correct as well, because an investment has nothing to do with a few earned.

Answer:

8.87%

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Cash flow in year 0 = $-300,000

Cash flow each year from year 1 to 9 = $52,000  - $7,500  = $44500

Cash flow in year 10 =  $44500 + $30,000 = $74500

IRR = 8.87%

To determine the value of IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

Answer:

a) Under the FIFO method:-

ROI = 15.49%.

Under LIFO method:-

ROI = 13.2%

Explanation:

ROI = Net Income * 100 / Avverage assets.

a) Under the FIFO method

[tex]ROI= \frac{219017*100}{1413720} \\ROI = 15.49[/tex]

ROI = 15.49%.

Under LIFO method

[tex]ROI= \frac{182797*100}{1382080} \\ROI=13.2%[/tex]

ROI = 13.2%

Net income Under LIFO= Net income under FIFO-Increased cost of goods sold

= $219017-$36,220= $182797.

Average assets under LIFO= Average assets under FIFO-Average assets that are less under LIFO

= $1413720 - $31,640= $1382080.

Answer:

The correct answer is the option C: When other perfectly competitive firms see an opportunity to earn profits and enter the market the prices drop.

Explanation:

To begin with, in the microeconomics theory the perfect competitive market is characterized by the fact that there a lot of companies that sell an homogenous product and that are price takers of the market itself. So therefore that the only big difference in the firms are the costs and the prices that they have. Moreover, in the long run the firms are obtaining great profits so that leads to the enter of another more companies to the market and the supply rises the prices will have to go low so that will implicate as well a decrease in the prices of every company that now works in that industry.

Answer: fall by less than $50.

Explanation:

The options are:

• fall by more than $50.

• fall by less than $50.

• rise by less than $50.

• rise by more than $50.

Expert Answer

Consumer surplus, is referred to as the economic measure of the excess benefit that a customer gets. The consumer surplus is the difference between the amount that the customer is willing to pay and the amount that he or she eventually pays.

Based on the question, the total Price paid is: 50 × $4 = $200

Total Revised Price = 50 × $5 = $250

Therefore, there will be a fall by $50 that's ($250 - $200).

Answer:

$15

Explanation:

In order to calculate the purchasing power lost the following formulae will be used:

Purchasing power lost = Loaned amount * (inflation rate - nominal rate)

Purchasing power lost = $500 * (0.07 - 0.04)

Purchasing power lost = $500 * 0.03

Purchasing power lost = $15

Hence, the purchasing power lost after Richard repays the loan in full is $15.

Answer:

Holt Enterprises

The terminal, or horizon, date is:

the date when the growth rate becomes constant.  This occurs at the end of Year 2.

Explanation:

a) Recent dividend, DO = $3.50

Expected non-constant growth = 19%

Period of non-constant growth = 2 years

Expected constant rate of growth = 10% after 2 years of non-constant growth

The firm's required return rate = 13%

b) The terminal or horizon date is, therefore, from the end of year 2 or beginning of year 3, when constant growth sets in with the Holt stock.

At the horizon date the dividend, D3, must have grown to $5.42 approx.

Then, the horizon value is given by the formula = D3 / required rate - growth rate

 = 5.42 / 0.13 - 0.01

= 5.42 / 0.03

= $181

Answer:

University Car Wash

a. Straight-line Method:

Year  Cost            Depreciation   Accumulated     Net  Book

                                  Expense       Depreciation       Balance

1        $234,000         $34,500          $34,500         $199,500

2       $234,000         $34,500          $69,000        $165,000        

3       $234,000         $34,500         $103,500        $130,500

4       $234,000         $34,500         $138,000         $96,000  

5       $234,000         $34,500         $172,500         $61,500        

6       $234,000         $34,500        $207,000        $27,000                  

b. Double-Declining-Balance Method:

Year  Cost            Depreciation   Accumulated     Net  Book

                                  Expense     Depreciation       Balance

1        $234,000        $77,220          $77,200        $156,780

2       $234,000         $51,737         $128,937       $105,043

3       $234,000        $34,664         $163,601         $70,379

4       $234,000        $23,225        $186,826         $47,154

5       $234,000         $15,561        $202,387         $31,583

6      $234,000           $4,593       $206,980        $27,000

c. Activity-Based Method:

Year  Cost            Depreciation   Accumulated     Net  Book

                                  Expense       Depreciation       Balance

1        $234,000        $48,300          $48,300          $185,700

2       $234,000        $32,775           $81,075          $152,925

3       $234,000       $34,500          $115,575           $118,425

4       $234,000       $34,500         $150,075           $83,925

5       $234,000        $31,050          $181,125           $52,875

6      $234,000        $25,825       $206,950          $27,050

Explanation:

a) Data and Calculations:

Cost of new machines = $234,000

Residual value of equipment = $27,000

Depreciable amount = $207,000

Estimated useful life = 6 years

Straight-line depreciation expense per annum = $34,500 ($207,000/6)

Double-declining-balance rate = 33% (100%/6 * 2)

Year  Depreciation  Declining Balance

1          $77,220           $156,780

2         $51,737            $105,043

3        $34,664             $70,379

4        $23,225             $47,154

5         $15,561              $31,583

6          $4,593             $27,000

Estimated useful life in hours = 12,000

Depreciation rate per hour = $17.25 ($207,000/12,000)

Actual usage per year:

Year Hours Used  Usage Charge

1           2,800            $48,300 (2,800 * $17.25)

2          1,900             $32,775 (1,900 * $17.25)

3         2,000             $34,500 (2,000 * $17.25)

4         2,000             $34,500 (2,000 * $17.25)

5         1,800              $31,050 (1,800 * $17.25)

6         1,500              $25,825 (1,500 * $17.25)

Answer:

B. Fall to Zero

Explanation:

In a perfectly competitive market, product cost are all relatively the same. If a firm decides to raise its price on a product it's demanded quantity becomes relatively nonexistent due to the other competitors whos prices have either remained the same or even dropped in price.

Answer:

$74,120

Explanation:

Preparation of her ending stock basis

ENDING STOCK BASIS:

Beginning stock basis $36,800

Add:Increase in AAA $12,800

(.40 * $32,000)

Add:Increase in OAA $2,520

(.40 * $6,300)

Add:Stock purchase $22,000

Total Ending stock basis $74,120

Therefore her ending stock basis is $74,120

Answer: 9.2%

Explanation:

The interest rate that Rolling Coast should expect to issue new bonds will be calculated thus:

Firstly, we will calculate the previous risk premium on BBB bonds which will be:

= 11.5% - 8.7% = 2.8%

Then, the new risk premium on BBB bonds will be:

= Previous risk premium / 2

= 2.8% / 2

= 1.4%

Then, the interest rate that Rolling Coast should expect to issue new bonds will be:

= 7.8% + 1.4%

= 9.2%