Danny needed a television and had rounded his decision down to three potential options. He began to compare these. What stage of the consumer decision-making process did this occur at

Answers

Answer 1

Answer: Information search

Explanation:

The above scenario could have been referred to as Danny's evoked set. Here, Danny is in the information search stage of the consumer decision-making process

Information searching, is also refered to as querying, and this is when buyer trues in identifying the most product or supplier when there's recognition of a particular need. It should be noted that the information search can be based on the buying situation or the organizational size.


Related Questions

g When a court awards custody of a child to one parent and not the other, this is an example of: Group of answer choices all of the answers are correct monetary relief monetary damages equitable relief

Answers

Answer:

equitable relief

Explanation:

A court refers to an enclosed space such as a hall or chamber where legal practitioners (judges, lawyers or attorneys and a jury) converge to hold judicial proceedings.

A lawyer refers to an individual who has obtained a law degree and is saddled with the responsibility of giving legal advice, initiate and execute lawsuits for his or her clients. These legal practitioners are saddled with the legal responsibility of listening to evidence and give a verdict about legal cases.

An equitable relief also referred to as equitable remedy can be defined as judicial remedies granted to an aggrieved person by a court of equity, requiring that the other party act or refrain from indulging in a specific act because ordinary legal remedies couldn't provide the aggrieved party sufficient (adequate) restitution for an offense commited against him or her. Thus, an equitable relief (remedy) is an injunction granted by a court of equity requiring a party to a contract to either act (mandamus or specific performance) or refrain from indulging in a particular act.

In this context, when a court of competent jurisdiction awards or grants custody of a child to one parent rather than awarding it to the other, this is an example of equitable relief.

In conclusion, an equitable relief or remedy is typically a nonmonetary judgement granted by a court of equity when ordinary legal remedies fail to provide sufficient (adequate) restitution to an aggrieved party.

A simple optimal portfolio problem is the cash matching problem.
Suppose you are given a sequence of future monetary obligations, in dollars, required to be paid at the end of each year over the next 10 years as follows:
YEAR 1 2 3 4 5 6 7 8 9 10
OBLIGATION 100 200 300 400 500 600 700 800 900 1000
We wish to invest now so that these obligations can be met as they occur, accordingly, we must purchase bonds of various maturities and use the associated future cash flows to meet the obligations.
Suppose there are 10 zero coupon bonds available to be purchased, each with a face value of $100. The maturities of the zero coupon bonds span 1 to 10 years, and the price of each zero coupon bond is consistent with a flat term structure: all spot rates are equal to 5% annually. To be clear, we have available a 1-year zero coupon bond with 5% yield, a 2-year zero coupon bond with 5% yield, a 3-year zero coupon bond with a 5% yield, all the way up to a 10-year zero coupon bond with a 5% yield, for a total of 10 zero coupon bonds. The objective function to be minimized is the total cost of the portfolio, which is equal to the sum of the prices of the bonds times the number of units purchased.
How many units of the 5-year zero coupon bond should be purchased in the optimal portfolio? Please round your numerical answer to the nearest integer number of units.

Answers

Answer:

The units of the 5-year zero coupon bond that should be purchased in the optimal portfolio is:

= 6 units

Explanation:

a) Data and Calculations:

Spot rates = 5% annually

Yield of a 1-year zero coupon bond = 5%

Yield of a 2-year zero coupon bond = 5%

Yield of a 3-year zero coupon bond = 5%

Yield of a 4-year zero coupon bond = 5%

Yield of a 5-year zero coupon bond = 5%

Yield of a 6-year up to a 10-year zero coupon bond = 5%

Future Monetary Obligations:

YEAR                  1         2         3         4          5         6        7      8      9     10

OBLIGATION 100    200    300     400     500    600    700 800 900 1000

PV factor      1.05 1.1025 1.1576 1.2155 1.2763 etc.

Present value of a 5-year zero coupon bond = $78.35 ($100/1.2763)

Number of units of the 5-year zero coupon bond that should be purchased in the optimal portfolio = 6.382 ($500/$78.35)

= 6 units

Special tools in a 3-year property class have been bought at a cost of $15,000 for the manufacture of some critical parts in a plastic company. It is estimated that the salvage value at the end of a three-year useful life is $1000. (15 points)
a) The second -year MACRS depreciation is equal to:________
b) The second-year SOYD depreciation is equal to:________

Answers

Answer:

Special Tools MACRS and SOYD

a) The second -year MACRS depreciation is equal to:________

= $6,668

b) The second-year SOYD depreciation is equal to:________

= $4,667

Explanation:

a) Data and Calculations:

Cost of special tools= $15,000

Estimated salvage value = $1,000

Special tools depreciable amount = $14,000 ($15,000 - $1,000)

Property Class = 3-year

Second-year Modified Accelerated Cost Recovery System (MACRS) for 3-year property class = 44.45%

Depreciation expense for the second year = $6,668 ($15,000 * 44.45%)

Second-year Sum-of-the-years-digit (SOYD) = $4,667 ( 2/6 * $14,000)

Financial Statements. Henry Josstick has just started his first accounting course and has prepared the following balance sheet and income statement for Omega Corp. Unfortunately, although the data for the individual items are correct, he is very confused as to whether an item should go in the balance sheet or income statement and whether it is an asset or liability. Help him by rearranging the items and filling in the blanks.
BALANCE SHEET
Payables 35 Inventories 50
Less accumulated depreciation 120 Receivables 35
Total current assets _ Total current liabilities _
Long-term debt 350 Interest expense 25
Property, plant, and equipment 520 Total liabilities _
Net fixed assets _ Shareholders’ equity 90
Total assets _ Total liabilities and shareholders’ equity_
INCOME STATEMENT
Net sales 700
Cost of goods sold 580
Selling, general, and administrative expenses 38
EBIT
Debt due for repayment 25
Cash 15
Taxable income
Taxes 15
Depreciation 12
Net income -
What is the correct total for the following?
a. Current assets
b. Net fixed assets
c. Total assets
d. Current liabilities
e. Total liabilities
f. Total liabilities and shareholders’ equity
g. EBIT
h. Taxable income
i. Net income

Answers

Answer:

Omega Corp.

The correct totals for the following:

a. Current assets = $100

b. Net fixed assets = $400

c. Total assets = $500

d. Current liabilities = $60

e. Total liabilities = $410

f. Total liabilities and shareholders’ equity = $500

g. EBIT = $70

h. Taxable income = $45

i. Net income = $30

Explanation:

a) Data and Calculations:

BALANCE SHEET

Cash                                             $15

Receivables                                   35

Inventories                                    50  

Total current assets                                         $100

Property, plant, and equipment 520

Less accumulated depreciation 120  

Net fixed assets                                             $400

Total assets                                                   $500

Liabilities and Equity

Payables                                     $35  

Debt due for repayment             25

Total current liabilities                                   $60

Long-term debt                                             350

Total liabilities                                              $410

Shareholders’ equity                                      90

Total liabilities and shareholders’ equity $500

INCOME STATEMENT

Net sales                          $700

Cost of goods sold            580

Gross profit                        120

Selling, general, and

 administrative expenses 38

Depreciation                       12

EBIT                                    70

Interest expense               25

Taxable income                 45

Taxes                                  15  

Net income                        30

The Sneed Corporation issues 10,000 shares of $50 par preferred stock for cash at $75 per share. The entry to record the transaction will consist of a debit to Cash for $750,000 and a credit or credits to a.Paid-In Capital from Preferred Stock for $750,000 b.Preferred Stock for $500,000 and Retained Earnings for $250,000 c.Preferred Stock for $500,000 and Paid-In Capital in Excess of Par—Preferred Stock for $250,000 d.Preferred Stock for $750,000

Answers

Answer:

b) Preferred Stock for $500,000.00 and Paid-In Capital in Excess of Par-Preferred Stock for $250,000.00

Explanation:

Based on the information given The Appropriate journal entry to record the transaction will consist of a debit to Cash for $750,000 and a credit or credits to PREFERRED STOCK FOR $500,000.00 and PAID-IN CAPITAL IN EXCESS OF PAR-PREFERRED STOCK FOR $250,000.00

Dr Cash $750,000

(10,000 shares *$75)

Cr Preferred Stock for $500,000.00

(10,000 shares *$50)

Cr Paid-In Capital in Excess of Par-Preferred Stock for $250,000.00

($750,000-$500,000]

A cost-cutting project will decrease costs by $66,100 a year. The annual depreciation will be $15,750 and the tax rate is 35 percent. What is the operating cash flow for this project?

Answers

Answer:

$48,478

Explanation:

Calculation to determine What is the operating cash flow for this project

Operating cash flow = [$66,100 ×(1 -.35)] + [$15,750 ×.35]

Operating cash flow = [$66,100 ×.65)+5,513.

Operating cash flow = 42,965+5,513

Operating cash flow = $48,478

Therefore the operating cash flow for this project will be $48,478

The Science of Macroeconomics
Consider the different issues listed below. Place each of them into the appropriate category, depending upon whether the issue is best suited for study under microeconomics or macroeconomics.
A. Congress recently passed the Tax Cuts and Jobs Act of 2017.
B. Amazon now has a 40% share of all e-commerce revenues.
C. Tuition at the local university increased 11% from last year.
D. The U.S. unemployment rate fell below 4% in 2018.
1. Microeconomics
2. Macroeconomics

Answers

Answer:

Macroeconomics deals with events that affects the entire country or industry as a whole while Microeconomics affects individual members of the economy such as companies and people.

A. Congress recently passed the Tax Cuts and Jobs Act of 2017. MACRO

This Act will affect the entire nation so it will fall under Macroeconomics.

B. Amazon now has a 40% share of all e-commerce revenues. MICRO

Amazon is a single company in the market so things related to it will be considered on a micro economic level.

C. Tuition at the local university increased 11% from last year. MICRO

The local university like Amazon, is a single body in the economy and so they are a microeconomic player.

D. The U.S. unemployment rate fell below 4% in 2018. MACRO

The unemployment rate of a nation relates to the nation as a whole so this will fall under macroeconomics.

What strategic goal can an IS attain that does not involve wresting market share from competitors? Provide some business examples?

Answers

Provide some business examples. The strategic goal which an IS can attain without involving wresting market share from competitors by following certain measures like: By lowering the price of units to sell while maintaining the quality of the products. By offering new products and services.

At the end of November, work in process inventory consists of 181,000 units that are 50% complete with respect to conversion. Beginning work in process inventory had $460,720 of direct materials and $178,988 of conversion cost. The direct material cost added in November is $3,083,280, and the conversion cost added is $3,400,762. Beginning work in process consisted of 61,000 units that were 100% complete with respect to direct materials and 80% complete with respect to conversion. Of the units completed, 61,000 were from beginning work in process and 644,000 units were started and completed during the period. Required: For the first process: 1. Determine the equivalent units of production with respect to direct materials and conversion

Answers

Question Completion:

Victory Company uses weighted-average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added at the beginning of the process.

Answer:

Victory Company

                             Direct Materials       Conversion

Equivalent units         886,000                795,500

Explanation:

a) Data and Calculations:

                                           Direct Materials   Conversion Cost

Beginning WIP Inventory        $460,720             $178,988

Costs added in November    3,083,280           3,400,762

Total costs of production    $3,544,000        $3,579,750

Production Process:

Beginning Inventory =      61,000

Started and completed 644,000

Units transferred out = 705,000

Ending WIP inventory     181,000

Units under process    886,000

Equivalent units of production:

                                            Direct Materials       Conversion

Units transferred out          705,000 (100%)    705,000 (100%)

Ending WIP Inventory           181,000 (100%)      90,500 (50%)

Total equivalent units         886,000                795,500

Many people have larger amounts of debt in America than before, and people have become hesitant to take loans out for new cars. All other things being equal, what would car dealership do with their financing in this new market environment

Answers

Answer:

they will increase their rates of loans

The following labor standards have been established for a particular product: Standard labor hours per unit of output 4.4 hours Standard labor rate $ 17.70 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 6,200 hours Actual total labor cost $ 110,360 Actual output 1,300 units Required: a. What is the labor rate variance for the month? b. What is the labor efficiency variance for the month?

Answers

Answer:

Results are below.

Explanation:

To calculate the direct labor rate variance, we need to use the following formula:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (17.7 - 17.8)*6,200

Direct labor rate variance= $620 unfavorable

Actual rate= 110,360/6,200= $17.8

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (1,300*4.4 - 6,200)*17.7

Direct labor time (efficiency) variance= $8,496 unfavorable

Cox Footwear pays a constant annual dividend. Last year, the dividend yield was 3.2 percent when the stock was selling for $35 a share. What is the current price of the stock if the current dividend yield is 2.9 percent

Answers

Answer:

$38.62

Explanation:

Dividend yield = dividend / price

3.2% = dividend / $35

0.032 x 35 = dividend

dividend = $1.12

current price of the stock

2.9% = $1.12 / price

price = $1.12 / 0.029

= $38.62

Trafalgar Estate Agency started operations on January 01, 2020. The following transactions occurred in the first month of operations:

January 01 Owner of the business Mr. Miller invested $30,000 cash in the business.



January 03 Purchased office supplies worth $1,500 on credit.



January 06 Purchased office equipment for $7,500; paying $2,500 in cash and signed a 30-day, $5,000 note payable.



January 12 Real estate commission billed to clients amount to $12,000.





January 20 Paid cash on account for office supplies purchased on January 03.



January 27 Received a check for $4,000 from a client in payment on account for commissions billed on January 12.



January 30 Received a telephone bill for $120 due next month.

Requirements:

Enter these transactions in General Journal of Trafalgar Estate Agency.
Post these transactions to appropriate ledger accounts.
Prepare a trial balance for the month of January 31, 2020.

Answers

Answer:

Cash (Dr.) $30,000

Capital (Cr.) $30,000

Office Supplies (Dr.) $1,500

Accounts Payable (Cr.) $1,500

Office equipment (Dr.) $7,500

Cash (Cr.) $2,500

Note Payable (Cr.) $5,000

Accounts Receivable (Dr.) $12,000

Real estate commission (Cr.) $12,000

Accounts Payable (Dr.) $1,500

Cash (Cr.) $1,500

Real Estate Commission (Dr.) $4,000

Accounts Receivable (Cr.) $4,000

Explanation:

Trial Balance :

Debits :

Cash $26,000

Office Equipment $7,500

Office Supplies $1,500

Commission received $4,000

Accounts Receivable $8,000

Total $47,000

Credits :

Capital $30,000

Notes Payable $5,000

Revenue Commission $12,000

Total $47,000

A company had a budgeted production of 12000 units and actual production of 13200 units. Two types of raw material, P and Q are used in the manufacturing of the products. The budgeted raw material requirement of the company was expected to be 3 lbs. of Material P at a price of $ 0.25 per lbs. and 2 lbs. of Material Q at a price of $ 0.35 per lbs. for every unit produced. The company actually ended up using 42000 lbs. of P at an actual cost of $0.19 per lbs. and 25000 lbs. of Q at an actual cost of $0.38 per lbs. Calculate Direct Material Price and Usage Variance for material P and Q.\

Answers

Answer:

Direct Material Price Variance:

P = $2,520 F

Q = $750 U

Direct Material Usage Variance:

P = $1,500 U

Q = $350 U

Explanation:

a) Data and Calculations:

Budgeted production units = 12,000

Actual production units =       13,200

                                                                P           Q

Budgeted raw material per unit        3 lbs        2 lbs

Price per lbs                                       $0.25      $0.35

Budgeted raw materials              36,000 lbs  24,000 lbs

Actual lbs of raw materials          42,000 lbs  25,000 lbs

Actual price per lbs                          $0.19        $0.38

Direct Material Price Variance = (Standard Price - Actual Price) * Actual Qty

P = $0.25 - $0.19 * 42,000 = $2,520 F

Q = $0.35 - $0.38 * 25,000 = $750 U

Direct Material Usage Variance = (Standard Qty - Actual Qty) * Standard Price

P = 36,000 - 42,000 * $0.25 = $1,500 U

Q = 24,000 - 25,000 * $0.35 = $350 U

                                   

You are an investment manager and one of your clients is a famous soccer player. She is promised to be paid $5million three years from now. What is the present value of this cash flow today

Answers

Answer:

$4,153,268.86

Explanation:

The below is missing from the question:

Your discount rate for real cash flows is 5% APR, compounded monthly and you are expecting inflation of 1.2% per year (APR, annual compounding).

We need to convert the real interest rate to an effective annual rate as shown thus:

EAR=(1+APR/n)^n-1

APR=5%

number of times interest is compounded annually=12

EAR=(1+5%/12)^12-1

EAR=5.12%

Nominal Discount rate = [(1+ Real Discount rate)*(1+Inflation Rate)] - 1

Nominal Discount rate =(1+5.12%)*(1+1.2%)-1

Nominal discount rate=6.38%

Present value=future value/(1+nominal discount rate)^3

future value=$5,000,0000

nominal discount rate=6.38%

n=3 years

PV=$5,000,000/(1+6.38%)^3

PV= $4,153,268.86  

A company is considering buying a component part that they currently make. Items related to the equipment being used to make the component that are relevant to this decision include ______.

Answers

Answer:

Salvage value and alternative uses for the equipment

Explanation:

The Salvage value is defined as the value of the asset that is valued after all the depreciation has been expensed. It is the asset's estimated resale value at the end of useful life of the component.

Thus in the context, the company who wishes to buy a component part for the equipment which are relevant to the decision includes the salvage value or the residual value of the component part as well as the alternative uses of the equipment to the company.

In an oligopoly model with a kinked demand curve, a decrease in a firm's marginal cost general leads to _____ .
a. None of the options are correct.
b. reduced output and a higher price
c. increased output and a lower price
d. higher output and a higher price

Answers

Answer:

Option a (None of the options are correct) is the right alternative.

Explanation:

A manner of opportunities and management when two or even more businesses have quite a share of the economy would be characterized as an oligopoly. Those who can determine production and prices throughout the combination.Every opportunity to make simplification generalizations underlines one facet of that same oligopoly situation.

Thus the above option is the correct one.

A steam boiler has a first cost of $50,000. Use the sum-of-years digits (SOYD) depreciation accounting method with a $5,000 salvage value and a 10-year depreciation life; determine the boiler's book value at the end of year eight.

Answers

Answer:

$2,425

Explanation:

Sum of the digits = 10 + 9 + 8+7 +6 + 5+ 4+ 3+ 2 +1  = 55

Depreciation expense :

1st year = 10/55 x $45,000 = $8,182

2nd year = 9/55 x $45,000 = $7364

3rd year = 8/55 x $45,000 = $6,545

4th year = 7/55 x $45,000 = $5,757

5th year = 6/55 x $45,000 = $4,909

6th year = 5/55 x $45,000 = $4,091

7th year = 4/55 x $45,000 = $3,273

8th year = 3/55 x $45,000 = $2,454

Total depreciation               = $42,575

Book Value = $45,000 - $42,575 = $2,425

the boiler's book value at the end of year eight is $2,425

Moral hazard is a situation when a. contract terms attract parties that have a higher preference for risk b. contract terms incentivize applications of worse customers and repels better ones because of generous variable benefits, but high fixed-costs c. contract terms incentivize one party to take on more risk because they don't carry the full cost of the risk d. contract terms repel parties that have a lower preference for risk

Answers

Answer:

contract terms incentivize one party to take on more risk because they don't carry the full cost of the risk

Explanation:

A moral hazard can be understood as the concept that a participant that is sheltered from danger in some manner will behave significantly than if they were not.

Every day, we see moral hazard in the form of established academics who remain apathetic presenters, individuals who have burglary insurance who are less attentive about where they parked, compensated workers who take long vacations, and etc.

Thus, from the above we can conclude that the correct option is C.

Persuasion, collaboration, participation and direction are four styles of leadership that all leaders can use. Can all four of these styles be used for a transformative leader and can all four be used by a transactional leader

Answers

Answer:

false

Explanation:

All four leadership styles: persuasion, collaboration, participation, and direction are not styles used by both transformative leaders and transactional leaders.

In transformative leadership, these styles are used, as the focus of this leadership style is to inspire your subordinates through trust and easy communication that motivates and encourages employees to be more productive, giving a sense of work appreciation and personal pride.

In transactional leadership, the leader is the one who uses a reward system for the good performance of subordinates, not intervening in decisions, that is, he is not a leader who participates, directs or collaborates with the progress of the work, but who uses the " laissez-faire" which is a term that corresponds to a style where the leader does not make decisions, but lets the employees themselves have the autonomy to make them.

During 2020, Lincoln Company hires 22 individuals who are certified to be members of a qualifying targeted group. Each employee works in excess of 600 hours and is paid wages of $13,600 during the year. Determine the amount of Lincoln's work opportunity credit. $fill in the blank 1 .

Answers

Answer:

$52,800

Explanation:

The computation of the amount of Lincoln's work opportunity credit is shown below:

Since the employees work in excess of 600 hours so it should be more than 400

So, the work opportunities credit for each would be $6,000 × 40% i.e. $2,400

Now the amount of Lincoln's work opportunity credit is

= $2,400 × 22

= $52,800

Steven White is planning to save up for a trip to Europe in three years. He will need $8,100 when he is ready to make the trip. He plans to invest the same amount at the end of each of the next three years in an account paying 5 percent. What is the amount that he will have to save every year to reach his goal of $8,100 in three years

Answers

Answer:

Annual deposit= $2,560.39

Explanation:

Giving the following information:

Future value= $8,100

Number of periods= 3 years

Interest rate= 5%

To calculate the annual deposit (annual saving), we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (8,100*0.05) / [(1.05^3) - 1]

A= $2,560.39

If a contingent liability is reasonably estimable and it is reasonably possible that the contingency will occur, the contingent liability Group of answer choices should be recorded in the accounts. should be disclosed in the notes accompanying the financial statements. should not be recorded or disclosed in the notes until the contingency actually happens. must be paid for the amount estimated.

Answers

Answer:

Should be disclosed in the notes accompanying the financial statements

Explanation:

You have to report contingent liabilities that are reasonably possible to occur, but since they haven’t occurred, you don’t record or pay them until they actually occur. You report them in the notes only.

In a 150 pax of guest dining in a restaurant, how will your facility be designed to accommodate that number of guests?​

Answers

Answer:

To build the facility having compartments over one another.

Explanation:

The facility will be designed in a three compartment that are present on one another so then it will accommodate more number of guests. The building of compartment over one another can enable us to accommodate three times  more people on the same piece of land so we can conclude that making the facility in the form of building over one another can accommodate more number of people.

It's clear that the lives of many creative artists are being transformed by digital technology. But competing schools of thought cite the very same technology in support of strikingly different conclusions.

One group, for example, says the ability to widely distribute the best performers' products at low cost portends a world where even small differences in talent command huge differences in reward. That view is known as the "winner take all" theory.

In contrast, the "long tail" theory holds that the information revolution is letting sellers prosper even when their offerings appeal to only a small fraction of the market. This view foresees a golden age in which small-scale creative talent flourishes as never before.

Long-tail proponents often portray best-selling entertainment as lowest-common-denominator compromises whose only real advantage is lower cost made possible by large-scale distribution and sales. If technology makes scale less important, they argue, people will turn to the more idiosyncratic offerings that they really prefer. In principle, at least, this creates exciting new possibilities for small-scale sellers.

In practice, however, winner-take-all effects still appear to dominate. Long-tail proponents predict that the least-popular offerings should be capturing market share from the most popular. But as Anita Elberse, a professor at the Harvard Business School, recounts in her 2013 book "Blockbusters", the entertainment industry's experience has been the reverse. Digital song titles selling more than one million copies, for example, accounted for 15 percent of sales in 2011, up from 7 percent in 2007. The publishing and film industries experienced similar trends.

What's happening? One possibility is that today's tighter schedules have made people more reluctant to sift through the growing avalanche of options confronting them. Still, the growing market share of top sellers doesn't invalidate the promise of small-scale creative energy. Using big data, producers can now take aim at highly idiosyncratic buyers, and online searches help many such buyers find just the quirky offerings they're seeking.
Your 3-5 sentence summary:

Answers

Answer and Explanation:

Artists' lives have been changed by digital technology. This has created different schools of thought such as the "winner take all" theory, which claims that delivering high quality products at low cost will create a world where small differences in talent demand large differences in reward, and the "long tail"  theory, who claims that digital technology is creating a small portion of sellers that the market will adapt to, promoting low-cost products. These two theories are effective in different realities. However, the existence of both proves the change that programming and technology has been showing in entertainment and in the market.

According to the passage, there are two main schools of thought.

The first is the Winner take all school of thought which is of the opinion that digital technology which provides the opportunity to widely distribute the best performers' product at low cost where little differences in talent could translate to huge rewards in the market.

The second is the long tail  school of thought which posits that sellers are large beneficiaries even when they control a little market share.

Anita Elberses' 2013 book "Blockbuster" reveals that a reverse trend was observed in the entertainment industry which could also be said about the publishing and film industries.

It is worthy to note that although there is an exponential growth in available options, buyers can use online search to streamline the product they wish to buy.

Learn more about Digital Technology at https://brainly.com/question/617704

Ace Technologies, Inc., wants to issue securities for sale to the public. With respect to this issue, the essential purpose of the Securities Act of 1933 is to

Answers

Answer:

require disclosure of all essential information concerning the issuance of securities.

Explanation:

The Securities Act of 1933 was considered the first federal legislation which is used to regulating the stock market. This act took the power away from the states and it gave the powers to the federal government. The Securities Act also created an uniform set of rules which is used to protect the investors against any kind of fraud. President Franklin D gave his assent to this act.

In the context, if Ace Technologies wants to issue securities to the general public for sale, Ace Technologies should disclose all the essential information about the issuance of the securities according to the Securities Act of 1933.

An asset costs $150,000 and has a salvage value O of $15,000 after 10 years. What is the depreciation charge for the 4th year, and what is the book value at the end of the 8th year with (a) Straight-line depreciation

Answers

Answer:

$13,500

$42,000

Explanation:

Fixed cost of asset = 150000

Salvage value = 15000

Period = 10 years

Annual Depreciation = (fixed cost of asset - Salvage a value) / period

Annual Depreciation = (150000 - 15000) / 10

Annual Depreciation = 135000 / 10

Annual Depreciation = $13500

The 4th year depreciation is also $13,500 as the annual Depreciation charge is equal for each year.

The book value at the end of the 8th year :

Depreciation for 8 years = (13500 * 8) = $108,000

Book value at the end of 8 years = Cost of asset - $108,000

= $150,000 - $108,000

= $42,000

An investment earns 35% the first year, earns 40% the second year, and loses 38% the third year. The total compound return over the 3 years was

Answers

Answer:

17.18%

Explanation:

compound return = ( 1 + 0.35)x (1 + 0.40) x (1-0.38) - 1

1.35 x 1.40 x 0.62 - 1 = 17.18%

Hsu Company reported the following on its income statement: Income before income taxes $420,000 Income tax expense 120,000 Net income $300,000 Interest expense was $80,000. Hsu Company's times interest earned is a.6.25 times b.5 times c.5.25 times d.8 times

Answers

Answer:

a. 6.25 times

Explanation:

Times interest earned ratio = Earnings before income taxes / Total interest expense

Earnings before income taxes = Income before taxes + interest expense

Earnings before income taxes = $420,000 + $80,000

= $500,000

Total interest expense = $80,000

Therefore,

Times interest earned ratio = $500,000 / $80,000

= 6.25 times

Flagstaff Company has budgeted production units of 7,900 for July and 8,100 for August. The direct labor requirement per unit is 0.50 hours. Labor is paid at the rate of $21 per hour. The total cost of direct labor budgeted for the month of August is:

Answers

Answer:

See below

Explanation:

The budgeted direct labor cost for August can be computed by multiplying the labor rate per hour by the labor hours worked in August.

Assume one unit consumes 0.50 labor hours, the labor hours worked in August are;

Labor hours - August = 0.50 × 8,100 = 4,050 labor hours

Therefore, the labor cost for August are budgeted to be;

Direct labor cost - August = 4,050 × $21 = $85,050

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