Answer: C. Firm A reduces the price to $7 causing Firm B to reduce its price to $4.50.
Explanation:
Since firm A is impatient to earn more profits and Firm B wishes to last in the business for the long-run, then Firm A will reduce the price to $7 causing Firm B to reduce its price to $4.50.
Since Firm A reduces the price to $7, this will lead to an increase in the quantity demanded of the product and therefore the firm can earn more profit. On the other hand, firm B will reduce its price to a point where the price meets the marginal cost which is $4.50.
The journal entry to record an unfavorable direct materials price variance would include a _____. credit to Direct Materials Price Variance debit to Direct Materials Price Variance credit to Materials None of these choices are correct. 2. Jake Shirt Co. used 5,300 square yards of polyester to produce 3,000 shirts. The standard quantity of material for the 3,000 shirts produced is 6,100 square yards. The standard price for direct materials is $4.00 per square yard. The entry to record the direct materials quantity variance would include a debit to Direct Materials Quantity Variance for $3,200. credit to Direct Materials Quantity Variance for $3,200. debit to Direct Materials Quantity Variance for $12,000. credit to Direct Materials Quantity Variance for $12,000. 3. In preparing an income statement for external users, the balances of the variance accounts that are of small amounts are normally transferred to _____ account. Income Summary Work in Process Cost of Goods Sold Finished Goods Inventory
How is international employment different from foreign employment? Give your argument with examples.
Answer:
Foreign employment is working for a company that is based in another country and you usually only work in one country. International employment is working in multiple countries and often your own home country is one of them
A normal cost system applies overhead to jobs ________. multiple choice by multiplying a predetermined overhead rate by the estimated amount of the allocation base incurred by the job by multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the job using the actual amount of overhead caused by each job using the normal amount of overhead caused by each job
Answer:
A normal cost system applies overhead to jobs ________.
by multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the job.
Explanation:
To compute the predetermined overhead rate, divide the estimated overhead for the period by the estimated allocation base usage. When applying overhead to the job, the predetermined overhead rate is used to multiply the actual amount of the allocation base consumed or incurred by the particular job. The value determined from the above computation is termed the overhead applied cost. It may be more or less than actual overhead incurred. This gives rise to overapplied or underapplied overhead.
The President of a small company owns 100% of the company's stock. The President sells some of the company's stock to four employees and officers of that company without taking a commission. Under the Uniform Securities Act, the President is:
Answer:
B
Explanation:
it is because selling securities in an exempt transaction , so no registration is required.
If the Dow Jones Industrial Average is 3.2% down that means that: Question 10 options: The stocks of all the companies in Dow Jones lost 3.2% of their value. The average value of the 30 blue chip stocks is down by 3.2%. the average of the stocks value of the top 500 companies in the U.S. decreased in value by 3.2% It does not have anything to do with the stock market.
Answer:
b). The average value of the 30 blue-chip stocks is down by 3.2%.
Explanation:
'Dow Jones Industrial Average' also known as 'DJIA' is characterized as the standard indicator to denote the stock-market prices of the shares of the major companies associated with blue-chip in the United States.
As per the question, a down or fall in DJIA by 3.2% would indicate that the stock prices of the companies trading with 'blue-chip' have faced a reduction in their share prices by 3.2% for that day. So, this allows the investors to keep a check on the stock prices and invest accordingly whenever they find it profitable. Thus, option b is the correct answer as the other options fail to convey this idea rather they either talk about the loss of value instead of decrease(in options a and c) or disassociates the entire concept with the stock market(in option d).
Many businesses today are abandoning traditional business attire and allowing their employees to come to work in business casual that typically does not include ties, cufflinks, or business suits. There has been a decrease in the sale of silk ties as a result of this cultural trend. A decrease in consumer demand for silk ties has led to a decrease in demand for silk because the demand for silk is ________.
Answer:
Derived
Explanation:
Today's employers are foregoing traditional business clothing in favour of allowing their staff to dress in business casual, which generally excludes ties, cufflinks. As a consequence of this cultural tendency, there has been a decline in the selling of silk ties. Because the market for silk is driven from consumer spending for silk ties, a reduction in consumer spending for silk has resulted in a decrease in desire for silk.
Define Pareto's law. Multiple choice question. It is the ranking of all items of an inventory according to a specific criterion of importance. It is a method of estimating the impact of changing the number of locations on the quantity of inventory held. It is the rule that a small percentage of items account for a large percentage of sales, profit, or importance to a company. It is used to determine the order size for a one-time purchase.
Answer:
It is the rule that a small percentage of items account for a large percentage of sales, profit, or importance to a company
Explanation:
Pareto's law is a law that describes the points or direction to concentrate the firm's activities and resources on to achieve optimum productivity.
It usually follows the principle that 80% of returns come from 20% of the customers or clients.
Hence, in this case, the correct answer is Pareto's law is defined to be "the rule that a small percentage of items account for a large percentage of sales, profit, or importance to a company."
Suppose a consumer only purchases food and clothing, and food is plotted along the horizontal axis of the consumer's indifference map. If the price of clothing increases and the price of food and income do not change, then the budget line changes by rotating: Group of answer choices clockwise about the fixed horizontal axis intercept. clockwise about the fixed vertical axis intercept. counter-clockwise about the fixed vertical axis intercept. counter-clockwise about the fixed horizontal axis intercept. none of these options is correct.
Answer:
counter-clockwise about the fixed horizontal axis intercept.
Explanation:
An indifference curve is a graph that shows the two combinations of goods for which an individual is indifferent in its consumption.
Points on an indifference curve represents various combination of goods to which an individual is indifferent to
higher indifference curve represents higher level of utility
An indifference map is a graph of various indifference curves
On the indifference map, indifference curves that are higher would be more preferred to those that are lower
Suppose a project with a negative net present value would provide intangible benefits. To estimate the annual value of intangible benefits needed to accept the project, ______ the negative net present value excluding intangible benefits by the ______.
The fill-in-the banks could be filled with the divide , and the present value factor for an annuity.
The information related to the net present value is as follows:
The net present value is the difference between the present value of the cash flows and the initial investment. If the net present value comes in positive that means the project should be accepted and if it is in negative so it should be rejected.Now in order to measure the annual value of an intangible benefit for accepting the project:
We have to divide the net present value that comes in positive that does not include the intangible benefits from the present value factor for an annuity.Therefore we can conclude that The fill-in-the banks could be filled with the divide , and the present value factor for an annuity.
Learn more about the net present value here: brainly.com/question/7331341
¿Qué es la Biblia y qué significa?
Respuesta:
Biblia significa: conjunto de libros canónicos que en el judaísmo y el cristianismo se consideran producto de inspiración divina y un reflejo o registro de la relación entre Dios y la humanidad.
All the following statements are true about leadership EXCEPT Question 7 options: a) Leading in a multinational company is an even greater challenge than in a domestic one. b) Excellent leaders motivate their employees to achieve more than minimal organizational requirements. c) Leadership is influencing group members to achieve organizational goals. d) Companies can achieve success with or without good leaders.
Answer:
C
Explanation:
B
Prepare a balance sheet in proper format for the company as of December 31st based on the following accounts. Answer questions 8 through 10 based on this balance sheet.
Answer:
Total liabilities = $25,000
Explanation:
Missing information;
Accounts Payable = $5,000
Long-term Notes Receivable = $10,000
Accounts Receivable = $15,000
Accrued Expenses = $3,000
Cash = $10,000
Short-term Notes Payable = $7,000
Retained Earnings = $2,000
Accumulated depreciation = $2,000
Prepaid Expenses = $3,000
Capital Stock = $8,000
Supplies = $7,000
Find:
Total liabilities
Computation:
Total liabilities = Accounts Payable + Capital Stock + Short-term Notes Payable + Accrued Expenses + Retained Earnings
Total liabilities = 5000 + 8000 + 7000 + 3000 + 2000
Total liabilities = $25,000
Why do I want to represent my school at homecoming?
Need help answering this question
#homecomingcourt
Answer: por que quieres la igualdad
Explanation: no entendi mucho la pregunta
In contrast to the post-World War II period, before 1940 the government rarely intervened in the economy to influence inflation or unemployment rates. used government ownership to guarantee full employment. used aggregate demand management to avoid recessions. actively intervened in the economy for stabilization purposes.
Answer: the government rarely intervened in the economy to influence inflation or unemployment rates.
Explanation:
Up until the Great Depression of 1929 to 1932, the government followed a laissez-faire policy where they rarely intervened in the market to influence inflation or unemployment rate.
After the Great Depression and then the second world war, this changed and the Federal government became very active in the economy through fiscal policy and massive government spending enabled the U.S. to surge ahead of other nations in terms of development.
how to convert ration 13:25 into fraction,decimal and percentage pleas help and with full solving and explanation
Answer:
13/250.5252%Explanation:
13:25 is just a fraction (13/25)
13:25= 0.52 (decimal)
So when you divide 13 by 25, you get 0.52. To make that into a percentage, you just multiply it by 100 (move the decimal over 2 places to the left). That gives you 52%
Assume that transportation costs are especially high for Widgets in the two-country, two-product Ricardian model, and Country A enjoys a comparative advantage in Widgets, then A) country B must also enjoy a comparative advantage in Widgets. B) country B may end up exporting Widgets. C) country A may switch to having a comparative advantage in the other good. D) country A will still export Widgets. E) trade may be impossible between the two countries.
Answer:
D
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries. A country would export the good for which it has a comparative advantage and import the good for which it doesn't have a comparative advantage
For example, country A produces 10kg of beans and 5kg of rice. Country B produces 5kg of beans and 10kg of rice.
for country A,
opportunity cost of producing beans = 5/10 = 0.5
opportunity cost of producing rice = 10/5 = 2
for country B,
opportunity cost of producing rice = 5/10 = 0.5
opportunity cost of producing beans = 10/5 = 2
Country A has a comparative advantage in the production of beans and country B has a comparative advantage in the production of rice
Country A would export beans to country B and B would export rice to A
Family Fashions Corporation discontinued Kid-Choice, its entire line of children's clothing, in November of 2009. Prior to the disposal, Kid-Choice generated a loss of $600,000 (net of tax) for the period from January through the sale date. Because of the value of the real estate and machinery, there was a gain of $850,000 (net of tax) on the actual sale. How should this situation be reported in the financial statements of Family Fashions for 2009
Answer: A $250,000 gain should be in the "discontinued operations" section of the income statement.
Explanation:
Since there was a loss of $600,000 for the period from January through the sale date while there was a gain of $850,000 on the actual sales, then the situation should be reported in the financial statements of Family Fashions for 2009 as a gain of ($850,000 - $600,000) = $250,000 should be in the "discontinued operations" section of the income statement.
Discontinued operations refers to the part of the business which has been shut down or divested. They're separated from the continuing operations when reported.
what's stock exchange?
Answer:
A good way to either go bankrupt or to make millions
Explanation:
Answer:
It is a place where shares of pubic listed companies are traded
how do you calculate the area underneath the demand curve when it asks what the total value is
Answer:
Total utility
Explanation:
The demand curve gives the amount acceptable to the consumers as price for a given quantity of a product. That is to say, given the available quantity of a product, the height of the demand curve gives the amount the consumers estimate the worth of the product
The area under the demand curve, therefore, represents the amount of utility or satisfaction that can be derived from a good or service, given that the demand curve is the representation of the estimation of the worth of a good by a consumer and price that the consumers pay is the utility cost
Qué aspectos consideras relevantes dentro de una mega tendencia?
Ayuda porfavorr
Answer:
En la inversión y en los mercados monetario y crediticio, se suele hablar de tendencias del mercado al mencionar situaciones en las que los compradores o vendedores dentro del mismo siguen un mismo patrón de comportamiento en forma simultánea, dando lugar a una conducta de mercado que se repite.
Así, hay dos tendencias principales de mercado: la bajista y la alcista. El mercado bajista es un término que significa que la tendencia en el mercado es negativa, es decir, el índice desciende. No existe una definición estricta del término, pero normalmente una caída del 20 por ciento desde su nivel más alto durante un período de al menos dos meses se cuenta como un mercado bajista.
Por su parte, el mercado alcista es un término que significa que la tendencia del mercado es positiva.
Which of the following is NOT a responsibility of the Finance department?
A.Obtaining needed funds B.Managing the use of company funds
C.Establishing external relations
D.Creating a financial plan
The statement "developing the external relations" is correct.
The following information related to the responsibility of the Finance department is:
Receiving the funds that are needed.Managing the fund of the company that is used.Developing the financial plan of the organization.Therefore we can conclude that The statement "developing the external relations" is correct.
Learn more about the finance here: brainly.com/question/10024737
A Nasdaq-listed stock currently shows an inside market of 15.50 - 15.75, 10 x 10. A broker-dealer that is not a market maker in the stock simultaneously receives orders from two customers, one to buy 500 shares of the stock at the market, the other to sell 500 shares at the market. Rather than send the orders to a market maker for execution, the broker-dealer matches the two orders with one another at 15.625, and charges each client a commission. This transaction is:
Answer:
cross trade
Explanation:
In simple words, A cross trade can be understood as a transaction when purchase and sell requests for the identical instrument are balanced alone without transaction being recorded on the market. Whenever a stockbroker performs matching buy and sell transactions for about the exact securities across several customer accounts plus reports these on an interchange, this is known like a cross transaction.
Within all demographics in the United States, motorists between the ages of 17 and 22 incur the highest percentages of motor vehicle infractions. When an insurance company levies very high insurance rates to customers within the aforementioned age group, what is the best categorization for the type of risk is being taken
Answer:
speculative risk
Explanation:
the risk is categorized under their age bracket since they tend to be more careless as compared to older motorists engaging in more accidents
In at least 150 words, examine the elements that might lead to a worker receiving a higher salary. Be sure to provide details and examples from your lesson. Provide specific detail and in depth discussion of at least two of the element areas requiring higher pay.
Answer:
As salaries are paid to workers by virtue of the work they perform, a factor that can be decisive for a salary increase is none other than a greater or better performance of the tasks that the worker performs.
On the other hand, wages can also rise if the country's minimum wage is raised, or if there is a situation of inflation that renders workers' wages useless over time.
And also, it may happen that the company that pays the worker's salary is in an exceptional situation that implies a salary improvement as a way of rewarding the performance of its workers.
Format wars, in the context of high-technology industries, refer to: a. battles to control the source of differentiation, and thus the value that such differentiation can create for the customer. b. the confusion among customers that arises as a result of several choices of formats for PCs and other gadgets. c. the price-based battles in the network of complementary products, which is a primary determinant of the demand for an industry's product. d. conflicts within an organization about which format to adopt for their products. e. price-based battles among companies producing similar products.
Answer:
Battles to control the source of differentiation, and thus the value that such differentiation can create for the customer
Explanation:
Technical standards
This is simply refered to as a group of distinction or specifications that producers conforms or simply follows when making a particular product, or a component of it.
Format
This is simply known as set of rules through which technology operates. It is stated that all technology have constraints, that is standards and advantage(pro's)/disadvantage(con's).
Format wars
This are fights to have access or control the source of change (differentiation) and the value that such change can bring for the customer
Dominant design
This is simply known as common set of features or design characteristics of a product.
Technology in industries is changing or revolutionizing aspects of the product even in those not usually considered high- tech
A payday loan company has decided to open several new locations in the city. To decide where to open these locations it hires consultants and pays them per store opened. At the end of the quarter, the company notices a many of the new stores’ sales volume fail to meet expectations. To incentivize the consultants to instead focus on opening profitable stores, the company should have paid them
A. Per store opened
B. A percentage of the profit earned per new store
C. A fixed salary
D. All of the above
Answer:
B. a percentage of the profit earned per new store
Portillo's Fast Food restaurants are changing their hot dog vendor. The company has realized that in order to stay competitive, its hot dogs need to be made larger and shorter so that they can fit in a new smaller-sized hot dog bun. Consequently, Portillo's is looking for a vendor that can provide a product according to its new specifications at a price that is less than what it was paying in the past. At what stage in the business buying process is Portillo's
Answer: supplier search
Explanation:
Portillo's Fast Food restaurants are in the supplier search stage in the business buying process. The supplier search refers to the stage of the business buying process whereby the buyer or the company seeks the best suppliers or vendors.
The company can compile a list of suppliers and make a research about them to know the one that's most appropriate to carry out the job at hand and will be most effective and efficient. This can be infered from the question as Portillo's is looking for a vendor that can provide a product according to its new specifications at a price that is less than what it was paying in the past.
(Choose the most appropriate answer from the choices below) In an assembly line balancing problem, work station cycle time.
I. will decrease as the required production per day increases, other things remaining the same.
II. will increase as the required production per day increases, other things remaining the same.
III. will decrease as the production time per day increases, other things remaining the same.
IV. will increase as the production time per day increases, other things remaining the same.
A. IV
B. II
C. I
D. III
E. I. and IV
Answer:I need points
Explanation:
Hola
Calculate the WACC for the following data: A company raised $100,000,000. $50,000,000 came from the sale of bonds which have a current yield of 8%. $25,000,000 came from the sale of common stock which has a cost equal to 14%. The final $25,000,000 came from the sale of preferred stock which has a cost equal to 10%. The company's tax rate is 50%.Group of answer choices
Answer:
WACC = 8%
Explanation:
WB = Weight of bond = Amount raised from bond / Total amount raised = $50,000,000 / $100,000,000 = 0.50
WC = Weight of common stock = Amount raised from common stock / Total amount raised = ($25,000,000 / $100,000,000) = 0.25
WP = Weight of preferred stock = Amount raised from preferred stock / Total amount raised = ($25,000,000 / $100,000,000) = 0.25
CB = Cost of bond = Current yield of the bond * (100% - Tax rate) = 8% * (100% - 50%) = 4%
CC = Cost of common stock = 14%
CP = Cost of preferred stock = 10%
Therefore, weighted average cost of capital (WACC) can be calculated as follows:
WACC = (WB * CB) + (WC * CC) + (WP * CP) = (0.50 * 4%) + (0.25 * 14%) + (0.25 * 10%) = 0.08, or 8%
LeBron's Bookstores has two divisions: media and books. The media division had another great year with net sales of $14 million, cost of goods sold of $8 million, operating expenses of $3 million, and income tax expense of $900,000. The book division did not do as well and was sold during the year. The loss from operations and sale of the book division was $400,000 before taxes and $280,000 after taxes. Assuming the sale of the book division is reported as a discontinued operation, at what amount did LeBron's Bookstores report the discontinued operations
Answer:
$1,820,000
Explanation:
Calculation to determine at what amount did LeBron's Bookstores report the discontinued operations
Using this formula
Discontinued operations=Net sales-Cost of goods sold -operating expenses - Income tax expense -After taxes
Let plug in the formula
Discontinued operations= $ 14 million-$8 million-$3 million-$900,000-$280,000
Discontinued operations=$1,820,000
Therefore what amount did LeBron's Bookstores report the discontinued operations will be $1,820,000
