Consider the market for meekers in the imaginary economy of Meekertown. In the absence of international trade, the domestic price of a meeker is $30. Suppose that the world price for a meeker is $40. Assume that Meekertown is too small to influence the world price for meekers once they enter the international market. If Meekertown allows free trade, then it will_______meekers. Given current economic conditions in Meekertown, complete the following table by indicating whether each of the statements is true or false. True or False: When a country is too small to affect the world price, allowing for free trade will always increase total surplus in that country, regardless of whether it imports or exports as a result of international trade.

Answers

Answer 1

The answer to the first part of the question about the meeker economy- which contains a fill-in-the-blank is - Export. And another part is - True.

Taking into account the demand for meekers in the made-up Meeker town economy. In the absence of foreign trade, a meeker costs $30 domestically. assuming meeker costs $40 in the real world.

Given that Meeker town is too small to have an impact on the global price of Meekers once they are sold abroad. Meeker town will export meekers if it permits free trade.

The claim that regardless of whether a country imports or exports as a result of international commerce,

enabling free trade will always enhance the total surplus in that country when that country is too tiny to have an impact on global prices is True

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Related Questions

demand pulll inflation is also called cost push inflation occurs when prices of resources rise pushingu up costs and the price level

Answers

In response, sellers boost their supply. However, when more supply is not available, vendors increase their prices. That results in demand-pull inflation, also known as "price inflation.

What exactly do you mean by demand-pull and cost-push inflation, respectively?

Inflation that arises from a rise in general demand is referred to as "demand pull inflation." Cost push inflation is the name given to inflation that develops as a result of a general decrease in supply brought on by external factors.

Demand-pull inflation occurs when demand increases to a point where supply cannot keep up, and price increases are frequently the result. To put it another way, both types of inflation—demand-pull inflation, which is influenced by consumer demand, and cost-push inflation, which is influenced by supply costs—lead to higher prices being passed on to consumers.

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Suppose the total monetary value of all final goods and services produced in a particular country during 2010 is $600 billion, and the total monetary value of final goods and services sold is $450 billion. We can conclude that ___. real GDP in 2010 is $450 billion nominal GDP in 2010 is $600 billion inventories in 2010 fell by $50 billion nominal GDP in 2010 is $500 billion

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We can infer that: A. The GDP was $450 billion in 2008. NDP was $450 billion in 2008. $500 billion was the GDP in 2008. D.

What is the total economic value of all finished products, services, and buildings created within a nation's borders over a 12-month period?

A measure of total production is a country's Gross Domestic Product (GDP). In more precise terms, it is the total monetary value of all finished goods and services produced in a nation or region over a certain time frame.

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Jenny promises National Bank that she will repay the loan that National Bank makes to Garrett if Garrett fails to pay it. In this instance, Jenny is the: a. principal debtor.
b. guarantor.
c. guarantee.
d. obligor.

Answers

Jenny promises National Bank that she will repay the loan that National Bank makes to Garrett if Garrett fails to pay it. In this instance, Jenny is the guarantor.

The guarantor is someone who provides guarantees for the fulfillment of guaranteed financial obligations. Guarantee institutions are institutions or companies that are in the financial sector. This institution has a function to guarantee or encourage the progress of a business through independence.

There are several forms of guaranteed institutions, including the following:

Guarantee company, is a legal entity that operates in the financial sector through business guarantees.A sharia guarantee company is a legal entity that operates according to sharia principles, operates and carries out business underwriting activities.Re-guarantee company is a legal entity that is in the financial sector to carry out business re-guarantee.Re-sharia guarantee company, is a legal entity that operates according to sharia principles, operates and carries out re-business underwriting activities.

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A transaction is ethically legitimate as long as someone wants to buy something and someone else is willing to sell it. When consumers are injured by a product and no one is at fault, the legal doctrine of strict product liability holds manufacturers accountable.

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An option is the ideal decision (a). To prove strict liability, a defective product that has already left the producer must be demonstrated.

What does the term "defective item" mean?

A product that doesn't function as it should is considered to be faulty. The goal of a patent infringement lawsuit is to make a manufacturer or distributor accountable for any losses brought on by an unsafe or faulty product.

Does broken equate to defective?

Broken or faulty goods are deemed defective. A law that is flawed doesn't help the people it's supposed to protect, just like a malfunctioning blender won't make your morning smoothie just way you want it to.

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8
Select the correct answer.
What is credit?
O A. an arrangement in which you receive money, goods, or services now in exchange for the promise of payment later
O B. an arrangement in which you receive goods or services in exchange for other goods and services
OC. an arrangement in which you receive money now and pay it back later with fees
Reset
Next

Answers

Credit is an arrangement in which you receive money, goods, or services now in exchange for the promise of payment later. Thus the correct option is A.

What is the importance of taking credit?

In credit, you can take loans for items you need right away, like a vehicle loan or a credit card, with the commitment to pay it back later. To position yourself for success in the future, it's critical to build credit while you're still younger.

Service credit is the form of credit employed for services. With service credit, paying for utilities like gas, energy, water, phone service, etc. under one account might be quicker.

Therefore, option A is appropriate.

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For most people, banking services consists of depositing their salaries into _____ and then writing drafts (or using debit cards) on those accounts to buy things.

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For the majority of consumers, using banking services entails depositing their paychecks in CHECKING ACCOUNTS then utilizing those draughts to make purchases.

What is meant by banking?

The business of banking involves safeguarding other people's money. When make loans this money, interest is generated that benefits both the bank or its clients. A financial entity with permission to receive deposits and issue loans is known as a bank. However, they might also offer additional financial services.

What are the two main types of banking?

Commercial banks, which are consumer-facing like Bank of America, and central banks, which are government organisations that oversee monetary policy and regulate the sector, are included in the category of banking and finance.

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Rafia owns stocks of 15 different companies. Together, the stocks have a value of $78,640. Twelve percent of that total value is from one company, Gambrell & Valdez. The twelve percent figure is called a(n): Multiple Choice portfolio weight degree of risk. price-earnings ratio. index value. portfolio return.

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Rafia owns stocks of 15 different companies. Together, the stocks have a value of $78,640. 12% of that total value is from one company, Gambrell & Valdez. The 12% figure is called portfolio weight. The correct option is a.

What is portfolio weight?

Portfolio weight can be understood as the percentage of an investment portfolio that a particular holding or type of holding comprises. The most basic way to determine the weight of an asset is by dividing the dollar value of a security by the total dollar value of the portfolio.

A portfolio is created with weights in mind.

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With a floating exchange rate, an increase in the U.S. demand for Japanese exports will cause the supply curve for yen to: become less elastic decrease. Increase remain unchanged.

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Investors will be less likely to supply yen for speculative purposes as the yen appreciates, resulting in a decline in the supply of yen. The Yen will ultimately appreciate as a result.

What causes the supply curve to change?

change in the supply curve An complete supply curve may move to the right or left due to changes in manufacturing costs and associated variables. As a result, a bigger or lower amount is provided at a specific price. The premise of ceteris paribus Assuming no other things change, supply curves show how prices and quantity delivered are related.

What kinds of supply curves are there?

Individual supply curves and market supply curves are the two categories of supply curves, respectively. Market supply curves depict the market supply timetable, whereas individual supply curves show the individual supply schedule.

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Amy and Bob have decided to borrow a portion of the purchase price of stocks from their broker. They will then have a ________ account.
A) cash
B) round lot
C) margin D) debtor
E) combination

Answers

Amy and Bob will then have a margin account, Since they are borrowing a portion from their broker.

What is margin account?A "margin account" is a type of brokerage account in which the broker-dealer lends the investor money to purchase securities using the account as collateral. Margin increases investors' purchasing power while also exposing them to the possibility of larger losses.A margin account allows a trader to borrow funds from a broker rather than putting up the entire value of a trade. A margin account typically allows a trader to trade other financial products in addition to stocks, such as futures and options (if approved and available with that broker).All transactions in a cash account must be made with available cash or long positions. Margin accounts allow investors to borrow money against the value of their securities.

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FILL IN THE BLANK. if no debt is used in financing a project, there is no financial leverage effect and the return on equity (roe) will be___the overall return on the investment (roi). question 28 options: greater than less than equal to or greater than but cannot be less than equal to

Answers

Return on fairness (ROE) is a degree of economic overall performance calculated via way of means of dividing internet profits via way of means of shareholders' fairness.

The required details for return on equity in given paragraph

Return on Equity (ROE) = Net Income / Equity Shareholder's fund

Return on Investment (ROI) = Earning Before interest & tax(EBIT)  / Total Investment

Net Income = EBIT - Interest cost

Hence we will say that if there's no debt in a challenge then,

Net Income = EBIT and

Equity Shareholder's fund = Total investment

Therefore in case of no debt in a challenge, ROE = ROI

Hence accurate solution is option (A) Return on fairness (ROE) could be Equal to the general go back on investment (ROI).

ROE is taken into consideration a gauge of a corporation's profitability and the way green it's miles in producing profits. The better the ROE, the extra green a company's management is at producing profits and boom from its fairness financing.

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Use Table: Population Data for Roanoke County. If marginally attached workers are included the labor force in Roanoke County is: Table: Population for Roanoke County Demographic Group Number of Residents Employed 125,000 Unemployed and looking for work 3,000 Not working due to disability 1,000 Not working due to retirement 3.000 Unemployed and not looking for work due to 2.000 discouragement over job prospects Under the age of 16 40.000 Total Population 174,000 O 1.128.000 O 2. 130.000 O 3.131.000 O 4.134.000

Answers

The labor force is 130000. Optoin B.

Calculation:

Labor Force = Employed + Unemployed but actively looking for a job

Discouraged workers are called marginally attached workers.

So, in the country of Roanoke, when marginally attached workers are added to the labor force, then,

Labor Force including marginally attached worker = 125000 + 3000 + 2000 = 130000.

So, if marginally attached workers are included in the labor force, the labor force is 130000.

The labor force or workforce is a concept that refers to the pool of people who are either employed or unemployed. Usually used to describe a person who works in a single company or industry but can also apply to geographic regions such as cities states or countries. The labor force participation rate is an estimate of the active labor force in the economy.

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In a large company, the person who is responsible for comparing cash and the bank balance is the A) CEO B) controller C) CFO D) treasurer

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A large company's controller is in charge of comparing the bank balance and the amount of cash on hand.

Is a controller superior than a CFO?

financial team organization

In the end, the CFO is in charge of the finances. They oversee the management and HR divisions together with the corporate director, accountants, and financial analysts. The financial manager is a more usual term for the director of finance.

The controller of a firm is what?

The project executive who is responsible for charge of a company's daily financial activities is known as a finance officer. Finance effective intervention the accounting department and are in charge of the business's accounts and records, which is sometimes referred to as the "company historian".

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Persuasive advertising is typically used in the latter part of the maturity stage and throughout the decline stage of the product lifecycle.False

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It is false that persuasive advertising is typically used in latter part of the maturity stage and throughout decline stage of product lifecycle.

What is advertising?

A good or service is meant to be highlighted via the techniques and procedures employed in advertising. Businesses work to bring consumers' attention to their products and services with the use of advertising. Commercial advertising typically aims to increase consumption of their goods or services through "branding," in which consumers associate a product name or image with certain attributes. Governmental agencies, political parties, interest groups, and religious institutions are a few examples of non-commercial entities that advertise their goods or services more than those of for-profit businesses. Public service announcements are one example of a free persuasion strategy that non-profit organizations may use. Through advertising, a firm can reassure its personnel or shareholders about its viability or success.

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for international financial reporting, the accounting standard ias 2 permits the use of either the fifo or weighted average cost flow assumption, but prohibits the use of lifo.

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The statement is true that for international financial reporting, the accounting standard ias 2 permits the use of either the fifo or weighted average cost flow assumption, but prohibits the use of lifo.

What is weighted average?

The COGS and inventory amounts are determined using a weighted average in the Weighted Average Cost (WAC) technique of inventory valuation in accounting. The weighted average cost method divides the price of the items up for grabs by the quantity of them. Say, for illustration, that an investor buys 50 shares of the same stock in year two at a price of $40 and 100 shares of a company in year one at a price of $10. The investor multiplies 100 shares by $10 for year one and 50 shares by $40 for year two to obtain a weighted average of the price paid, and then adds the findings to arrive at a total of $3,000.

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Lewes Company produced 8,000 units of inventory and sold 6,000. The company incurred the following production costs: Variable manufacturing cost: $12.00 per unit Fixed manufacturing overhead cost: $60,000 Assuming the company sells its product at a price of $25 per unit, and incurred $10,000 in selling and administrative cost, what is the amount of net income under absorption costing? A. $107,000 B. $68,000 C. $23,000 D. $8,000

Answers

Assuming the company sells its product at a price of $25 per unit, and incurred $10,000 in selling and administrative cost , $68,000 is the amount of net income under absorption costing. Hence the final answer is B. $68,000.

The net income for the company under absorption costing can be calculated using the following equation:

Net Income = (Sales Price x Quantity Sold) - (Variable Manufacturing Cost x Quantity Produced) - (Fixed Manufacturing Overhead Cost) - (Selling & Administrative Cost)

In this case, the equation is:

Net Income = (25 x 6,000) - (12 x 8,000) - (60,000) - (10,000)

Net Income = $68,000

Therefore, the net income under absorption costing is  $68,000.

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A firm sold property, plant, and equipment for cash proceeds of $6,300. The equipment originally cost $12,240. The company recorded a loss on sale of $3,780. The company uses the indirect method to prepare its statement of cash flows.
Which of the following amounts would be included in cash from operations and cash from investing, respectively?
Select one:
a. None of theses are correct
b. $0 and $6,300
c. $3,780 and $0
d. $3,780 and $6,300
e. $6,300 and $3,780

Answers

$6,300 and $3,780 amounts would be included in cash from operations and cash from investing, respectively.So, Option E is the correct answer.

There are basically three different types of activities:

1. Operating activities: These include cash receipts and cash payments as well as other transactions that have an impact on working capital.

2. Investment activities: It keeps track of transactions involving the purchase and sale of fixed assets.

3. Financing activities: It keeps track of any actions that have an impact on shareholder equity and long-term liabilities.

Since the gain on the sale of the fixed asset is subtracted from the net income and the loss on the sale of the fixed asset is added, the operating activities are where the gain on the sale of the fixed asset is represented.

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True or False: In a marketing context, salespeople with high emotional intelligence are more effective in closing sales with consumers than are salespeople with low emotional intelligence.

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emotional intelligence are more effective in closing sales with consumers than are salespeople with low emotional intelligence is true.

What exactly is emotional intelligence?

Emotional Intelligence (EI) is the ability to manage your own emotions as well as understand the emotions of others. EI is comprised of five components: self-awareness, self-regulation, motivation, empathy, and social skills.

What are the 4 types of emotional intelligence?

The four domains of Emotional Intelligence — self awareness, self management, social awareness, and relationship management — each can help a leader face any crisis with lower levels of stress, less emotional reactivity and fewer unintended consequences

Is emotional intelligence synonymous with empathy?

Empathy is a critical component of Emotional Intelligence (EI). Simply put, it means "putting yourself in the shoes of another." As a result, you become more sensitive to the feelings and emotions of others.

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to minimize extra costs associated with future litigation, many businesses will include in their contracts . question 8 options: forum selection clauses no deal if sued clauses attorney's fees at twice the rate if the other side sues clauses removal jurisdiction clauses no contest clauses

Answers

Many companies will add a clause about forum selection in their contracts to reduce extra expenses related to potential litigation.

What does the term "litigation" mean?

Making something the focus of a lawsuit will lead to a case, a problem, etc. being resolved in a legal court. The defense or resolution of legal issues between businesses and other organizations falls under the category of corporate litigation. It frequently refers to defending businesses that have been accused of misbehavior.

Why would a business choose to litigation?

The main reason you decide to proceed to court may be to create a precedent that you're not a pushover or that you won't be forced into conceding in a baseless issue. The most valuable asset of a corporation may be its intellectual property, which should be safeguarded.

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the most familiar form of trade credit is , a written contract prepared by the buyer who agrees to pay the seller a certain amount by a certain time.

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The most familiar form of trade credit is promissory note, a written contract prepared by the buyer who agrees to pay the seller a certain amount by a certain time.

A business-to-business (B2B) agreement known as trade credit allows customers to make purchases of goods without paying in cash up front and to make payments to suppliers at a later date.

Businesses that use trade credits typically give customers 30, 60, or 90 days to make payment, with the transaction being documented by an invoice.

Bills payable, open accounts, and promissory notes are all examples of trade credits. An open account is a loose arrangement where the supplier delivers the buyer the products and an invoice.

In a formal arrangement known as a promissory note, the buyer signs the document, acknowledges their understanding of the terms—including the due date—and gives it back to the seller.

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TRUE/FALSE. Strategic decisions such as market entry or exit and capital budgeting are called structured decisions and often executed by higher-level management.

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Strategic decisions such as market entry or exit and capital budgeting are called structured decisions and are often executed by higher-level management is a false statement.

Why is capital budgeting used by businesses when making strategic decisions?

Companies use capital budgeting to assess the viability of potential projects. Capital budgeting aids businesses in making long-term decisions about things such as whether to invest in new software, buy new equipment, expand their facilities, or do other things that will enhance their operations.

A number of capital analysis techniques can be used to ascertain whether a capital investment is economically feasible. There are several companions, including the Payback Period, Discounted Payment Period, Net Present Value, Profitability Index, Internal Rate of Return, and Modified Internal Rate of Return.

Therefore, Structured decisions, which are frequently carried out by higher-level management, include strategic decisions like market entry or exit and capital budgeting.

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if the fed raises reserves requirements, then interest rates will and the money supply will .

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if the fed raises reserves requirements, then interest rates will decline and also it  the decrease the size of the money supply.

Central banks use different methods to increase or decrease the amount of money in the banking system. These actions are called as monetary policy. While the Federal Reserve Board—commonly known as the Fed—can print money at its discretion in an effort to increase the amount of money in the economy, this is not the standard used, at least not yet in America.

The Federal Reserve Board, which is the agency that oversees the Federal Reserve System, oversees all domestic monetary policy. They are often referred to as the Central Bank of America. This means they are generally responsible for controlling inflation and managing short-term and long-term interest rates. They make these decisions to stimulate the economy, and controlling the money supply is an important tool they use.

Conversely, by increasing the banks' reserve requirements, the Fed can reduce the size of the money supply.

The Fed can also change short-term interest rates by lowering (or raising) the discount rate that banks pay on short-term loans from the Fed.

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1. The is the best-known strategic performance measurement system. a. action-profit linkage (APL) b. balanced Scorecard (BSC) c. performance prism d. Cambridge performance measurement process

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Balanced scorecard (BSC) is the best-known strategic performance measurement system.

A strategic management performance indicator known as the balanced scorecard (BSC) is used to identify and enhance different internal business operations and the results they have on the outside world. Balanced scorecards are widely used by businesses in the US, the UK, Japan, and Europe as a tool for measuring and providing feedback to organisations. Managers and executives must obtain and understand data in order to provide quantitative results. The decision-making of business personnel can be improved with the help of this knowledge. A balanced scorecard is a tool for strategy performance management. It is a well-structured report that managers can use to keep tabs on how the employees under their supervision are carrying out their duties and how these decisions are having an impact on the business.

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19) The assistant to the manager did not report to the assistant manager, only to the manager. This reporting relationship was clearly delineated in the:
A) Company culture.
B) Organizational structure.
C) Stakeholder analysis.
D) Company mission statement.

Answers

The assistant to the manager did not report to managers' assistant , only to managers. This reporting relationship was clearly regulated in the organizational structure.

What is organizational structure?

The system outlining how specific activities are handled to achieve a strategic mission is called an organizational structure. Rules, roles and duties are all part of these activities. The organizational structure also determines the flow of information between departments.

What are the five organizational structures?

Each of these five types of organizational structures has its pros and cons, so it's important to consider which one is right for your business: Functional reporting structure. Division or product reporting structure. Process-based structure. Matrix structure. Flat structure.

Why is organizational structure important?

Organizational structure is important as it helps companies to implement efficient decision-making processes. By assigning specialized roles to lower-level employees, organizations can make better decisions faster.

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: From an initial equilibrium in the basic model that includes only the AD and LRAS curves, aggregate demand shocks caused by changes in the growth of money supply: O are neutral in neither the short run nor the long run. O are neutral in the short run only. O are neutral in both the short run and the long run. O are neutral in the long run only.

Answers

From an initial equilibrium in the basic model that includes only the AD and LRAS curves, aggregate demand shocks caused by changes in the growth of money supply are neutral in both the short run and the long run.

What is aggregate demand?

The overall demand for final products and services in an economy at a certain time is known in macroeconomics as aggregate demand, sometimes known as domestic final demand. Effective demand is a common name for it, however other times this term is used to make a distinction. This is a country's demand for its gross domestic output.

However, aggregate demand identifies the complete market for all goods and services that an economy generates and expresses it as an overall dollar value. The sum of consumption, investment, government spending, and net exports is aggregate demand.

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Thome and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2020). The practice is divided into three departments: auditing, tax, and consulting. Billable hours for each department, by quarter, are provided below Department Quarter 1 Quarter 2 Quarter 3 Quarter 4 Auditing 2,460 1,830 2,240 2,560 Tax 3,380 2,670 2,380 2,770Consulting 1,820 1,820 1,820 1,820Average hourly billing rates are auditing $82, tax $95, and consulting $102 Prepare the service revenue (sales) budget for 2020 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and total revenue

Answers

Total revenue of auditing is $745,380, total revenue from tax is $106,400, total revenue from consulting is $742,560.

Give a brief account on revenue.

The amount of money generated by regular business activities is known as revenue, and it is calculated by dividing the quantity of units sold by the average selling price. Costs must be subtracted from the top line (or gross income) figure in order to determine net income. Revenue is sometimes regarded as sales on the income statement. The money made by a business's operations is its revenue. There are numerous methods for calculating revenue, depending on the accounting method selected. Credit card transactions are considered sales for goods or services that were delivered to the consumer. Some requirements require that revenue be reported even if payment hasn't yet been received.

Because it appears first on a company's income statement, revenue is sometimes referred to as the top line. Revenues minus expenses equals net income, commonly called the bottom line. When revenues outweigh costs, a profit is made.

The "solution" is attached in images below.

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california surf clothing company issues 1,000 shares of $1 par value common stock at $18 per share. later in the year, the company decides to purchase 100 shares at a cost of $21 per share. record the transaction if california surf resells the 100 shares of treasury stock at $23 per share.

Answers

As stated, Dr. Cash is worth $2,300, Cr. Treasury Share is worth $2,100, Cr. $200 in Treasury stock was paid as capital.

What is purchase example?

Examples taken from the Collins dictionary-He got a ticket and climbed up to the top deck. Brokers were used to purchase the majority of the shares. The receipts included some for auto purchases. She examined her item after opening the tie box.

Briefing:

Shares of Treasury were purchased at the time.= 100 × $21

= $2,100

Dr Treasury stock $2,100

Cr Cash $2,100

when it is resold

This difference in the issuing of Treasury stock, it should be noted, will be transferred to a Paid in capital Receivable and inventory account.

Proceeds = 100 × $23

= $2,300

capitalised on Treasury stock.

= $2,300 - $2,100

= $200

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A taxpayer is considered to be a material participant if he or she spends more than 500 hours in the activity.
a. True
b. False

Answers

A taxpayer is considered to be a material participant if he or she spends more than 500 hours in the activity is True.

The taxpayer reflects to those persons who pays taxes. The taxpayer is also defined as the person or business to pay a tax. The tax is collected by the government to improve and development of the country.

Due to the taxpayers, the government performs their activities very well and regularly develop the country. The income tax money is the biggest sources of money for the any government.

That's why, the taxpayer is considered to be a material participant if he or she spends more than 500 hours in the activity.

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if firms are losing money in a purely competitive industry, then the long run adjustments in this situation will cause the market price to: group of answer choices decrease, and the representative firm's profits will decrease increase, and the representative firm's profits will decrease increase, and the representative firm's profits will increase decrease, and the representative firm's profits will increase

Answers

Based on business strategy, and the available options, it is concluded that if firms are losing money in a purely competitive industry, then the long-run adjustments in this situation will cause the market price to increase, and the representative firm's profits will increase.

What are Competitive Markets

Competitive Market is a term that is used to describe the market situation in which no single consumer or producer has the power to influence the market.

Generally, the competitive market's response to supply and demand fluctuates with the supply curve, a representation of a product's quantity.

Also, in the long-run equilibrium of a purely competitive market, the profit is zero. So, if firms are making money in the short run, they would not leave the market in the long run, increasing the supply that exists in the market.

Alternatively, if firms are losing money in a purely competitive industry, then the long-run adjustments in this situation will cause the market price to increase, and the representative firm's profits will increase.

This is because when companies start losing money, they leave the market in the long term. Thus, the remaining firms will benefit from increased prices because their profits also increase. This is a result of an increase in demand when there are fewer firms in the market.

Hence, in this case, it is concluded that the correct answer is option C. "increase, and the representative firm's profits will increase."

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in section 6.5, we mentioned that disabling interrupts frequently can affect the system's clock. explain why this can occur and how such effects can be minimized.

Answers

At each clock interrupt, the system clock is updated and it's likely that the system clock may quickly lose the proper time if interrupts were deactivated, especially for an extended length of time.

Scheduling operations also make use of the system clock. For instance, the number of clock ticks is used to represent the time quantum for a procedure.

The scheduler checks whether the time quantum for the active process has run out at each clock interrupt. The scheduler would not be able to assign time quantum values with accuracy if clock interrupts were deactivated. By simply temporarily removing clock interrupts, this effect can be reduced.

When the interrupts are turned off, scheduling of other processes is effectively halted. When interrupts are disabled, the CPU cannot switch between processes, and programmes can use shared variables without another process being able to access them.

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in the coming decade, the number of photographers entering the field is expected to , and the demand for professional photographers is likely to .

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In the coming decade, the number of photographers entering the field is expected to grow by 17% , and the demand for professional photographers is likely to grow 9% faster than average.

For a wide variety of artistic, technological, and documentary goals, photographers produce images that are permanently preserved. They are used in many different industries to produce photos of a very high professional caliber that are either neutral and factual or stylized and expressive.

A creative imagination is necessary to become a photographer.technical expertise in photography.the capacity to utilize a variety of cameras and lenses.to remain current with developing technology.being able to meet deadlines.a keen sense of color, form, and detail.a strong ability to communicate.

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