in a perpetual inventory system, when inventory is purchased, the account is debited, whereas in a periodic system, the account is debited.

Answers

Answer 1

When inventory is purchased in a perpetual inventory system, the inventory account is debited; under a periodic system, the purchases account is debited.

When products are purchased, the periodic system debits the inventory account.

False is the proper response. The merchandise inventory account is used by the perpetual inventory system at the moment of purchase, and it is credited after a sale. When there are purchases of goods, the periodic inventory system uses the purchases account.

What distinguishes the periodic inventory system from the perpetual inventory system?

Important Learnings. To determine inventory levels and selling prices, the periodic inventory system performs a periodic physical count. Inventory balances are continuously monitored by the perpetual system.

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Related Questions

Why are opened envelopes sometimes kept for a few days before being destroyed?

Answers

Opened envelopes may be kept for a few days before being destroyed for a few different reasons

Why are opened envelopes sometimes kept for a few days before being destroyed?

To ensure that all necessary information has been extracted: Sometimes, important documents or information may be enclosed in an envelope. Before destroying the envelope, it is important to verify that all necessary documents or information have been removed from the envelope.

To maintain a record: In some cases, the envelope itself may contain important information such as a postmark or a return address. Keeping the envelope for a few days can ensure that this information is available if it is needed for record-keeping purposes.

To allow for any potential issues to be resolved: If there is a problem with the contents of the envelope (such as a missing document or an incorrect address), keeping the envelope for a few days can allow time for the issue to be resolved before the envelope is destroyed.

To prevent accidental destruction: In some cases, an opened envelope may be mistaken for junk mail or discarded by mistake. Keeping the envelope for a few days can ensure that it is not accidentally destroyed.

Ultimately, the decision to keep an opened envelope for a few days before destroying it will depend on the specific circumstances and the preferences of the individual or organization involved.

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a journal entry for a sale of merchandise on account will result in all of the following: (check all that apply).

Answers

All of the answers to the question are thus applicable to the journal entry.

Credit to Merchandise InventoryCredit to SalesDebit to Accounts Receivable

A journal entry for a sale of merchandise on account will result in the following:

Debit to Accounts Receivable (since the sale is on account, meaning the customer will pay later)

Credit to Sales (since the company has made a sale)

Credit to Merchandise Inventory (since the inventory has been sold)

Debit to Cost of Goods Sold (since the cost of the sold inventory needs to be recognized as an expense)

All of the answers to the question are thus applicable to the journal entry.

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Full Question:  A journal entry for a sale of merchandise on account will result in all of the following: (check all that apply).

Debit to Cost of Goods SoldCredit to Merchandise InventoryCredit to SalesDebit to Accounts Receivable

fill in the blank. When customer expectations regarding product quality, service quality, and value-based price are met or exceeded, _____ is created.

Answers

When customer expectations regarding product quality, service quality, and value-based price are met or exceeded, customer satisfaction is created.

Customer expectations are defined as the minimum performance requirements that customers have for a service or product to meet their needs. Consumers may have a variety of expectations for a product or service, including, but not limited to, product quality, pricing, customer service, and delivery speed.

If their expectations are not met, they are dissatisfied; if they are, they are satisfied. Customer satisfaction is created when their expectations are met or exceeded. The quality of service, product quality, and value-based price are all elements that contribute to customer satisfaction.

A positive customer experience results in customer satisfaction, which leads to brand loyalty, repeat business, and positive reviews.

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which of the following luxury brands stretched to include its core products from accessories to ready to wear?

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The luxury brand that stretched to include its core products from accessories to ready to wear is Louis Vuitton.

Founded in 1854, the brand initially focused on producing luggage and trunks, but gradually expanded its range to include handbags, ready-to-wear clothing, shoes, accessories, watches, jewelry, and other items. Louis Vuitton has become synonymous with luxury and sophistication, and today the brand continues to produce some of the most iconic and timeless products in the fashion industry.
Louis Vuitton’s history of expansion can be attributed to its ability to produce items with classic design that can be adapted to changing trends and lifestyles. In 1996, the brand launched its first line of ready-to-wear clothing and began expanding its accessories range to include hats, scarves, and sunglasses.

The following year, Louis Vuitton introduced its first fragrance, and has since developed several more.
In recent years, the brand has also increased its focus on leather goods, which now make up a large portion of its product line.

Louis Vuitton has further extended its reach by opening stores and boutiques around the world, creating partnerships with other high-end designers and brands, and launching e-commerce sites.

By adapting its products to meet the needs of modern consumers, Louis Vuitton has been able to maintain its reputation for timeless style and sophistication.

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george watches the market price of abc common stock regularly and has decided that he wants to buy abc if

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The types of orders would work best for George wants to accomplish Buy-stop/limit.

Market price refers to the current price at which an asset or commodity can be bought or sold in a particular market. This price is determined by the forces of supply and demand in the market, as well as various other factors such as government policies, economic conditions, and geopolitical events.

In financial markets, the market price is often used to refer to the price of publicly traded stocks, bonds, and other securities. These prices are determined by the buying and selling activity of investors in the market, as well as factors such as the financial health of the company, its growth prospects, and broader market trends.

Commodities such as oil, gold, and wheat also have market prices that are determined by supply and demand in the market. Changes in these prices can have significant impacts on the global economy, as they affect the cost of production and consumption for a wide range of goods and services.

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Complete Question:

George watches the market price of ABC common stock regularly and has decided that he wants to buy ABC if the market price goes up to 40 but does not want to pay more than 40 when executing his buy order. Which of the following types of orders would work best for what George wants to accomplish?

9. After taking a bath, Myra used her cotton towel in dying her hair and body. The towel
absorbed the water and make them dry easily. Which of the following statement is
true?
A. Cotton towel is not an example of porous material.
B. The softness of the towel made her hair and body dry.
C. Some materials such as towels cannot absorb liquid enough.
D. The towel is a porous material that has plenty of spaces inside that
absorbs liquid.

Answers

Answer:

D. The towel is a porous material that has plenty of spaces inside that absorbs liquid.

Explanation:

I think that's it

A registered representative with a FINRA member firm is opening a new cash account for a customer who lives in another state. The customer explains that he wishes to place a trade today. To accommodate the customer's wish, the registered representative gets the customer's permission to sign the customer's name to the arbitration agreement. This action by the registered representative is

Answers

This action by the registered representative is not acceptable because it violates the rules of FINRA.

The registered representative is violating the FINRA rules because no one is authorized to sign any documents on behalf of another person.

Furthermore, signing another person's name without proper authorization violates not only FINRA's rules but also the law of the land.

The person who signs the arbitration agreement on behalf of someone else without the client's consent is committing fraud.

It is not appropriate, ethical, or legal for a registered representative to sign a customer's name to an arbitration agreement without the customer's express authorization.

In conclusion, it is not appropriate for the registered representative to sign the customer's name to the arbitration agreement. Instead, he should get the customer's signature on the arbitration agreement.

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true/false. for an investor with a 28% marginal tax rate, what return would a corporate bond have to pay to provide the same after-tax return as a municipal bon

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The given statement "For an investor with a 28% marginal tax rate, the return a corporate bond would have to pay to provide the same after-tax return as a municipal bond" is True because marginal tax rate investor would be better off investing in a municipal bond than a corporate bond.

A municipal bond is a kind of bond that is issued by a government or a municipality. Municipal bonds are typically exempt from federal taxes and are also exempt from state taxes in the state where they are issued. Municipal bonds, in general, have a lower interest rate than other bonds because they have fewer risks. Corporate bonds are a type of bond that companies use to raise funds. They are backed by the creditworthiness of the issuing company rather than a government entity.

Corporate bonds have a higher interest rate than government bonds because they are more risky. The municipal bond’s yield is typically lower than the corporate bond’s yield. However, the municipal bond's interest payments are not subject to federal tax, while the corporate bond's interest payments are taxed. As a result, the after-tax return of a municipal bond is frequently higher than the after-tax return of a corporate bond. In this case, a 28% marginal tax rate investor would be better off investing in a municipal bond than a corporate bond since the municipal bond's after-tax return would be higher than the corporate bond's after-tax return.

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Based on the article "INNOCENTS ABROAD: CURRENCIES AND INTERNATIONAL STOCK RETURNS" please answer the following question:
1. Why does Sandra Meyer believe that adding international stocks to a US stock portfolio would add value? Why does Henry Bosse think otherwise?
2. Based on Exhibit 1, which market looks the most attractive from a return perspective? Which market looks the least attractive from a risk perspective? What, if anything, could be misleading about this chart?

Answers

In fact, adding foreign stocks to a portfolio boosts value since diversification has benefits. Diversification is the clearest and most significant benefit of foreign investing. When it comes to returns, the EM market appears to be the most alluring, while the EAFE market appears to be the least appealing in terms of risk.

How can foreign stocks help a portfolio's diversity?

Through foreign portfolio investments, investors have a simple way to diversify their portfolio internationally. An investor would diversify their investment portfolio to obtain a higher risk-adjusted return, which is eventually done to contribute to the production of alpha.

What challenges does diversity face?

Human traits or preferences are significant drivers of change or resistance to land use diversification. Personal choices may be influenced by a person's age, education, experience, familial circumstances, attitude toward risk, access to money and information, and propensity for change, to name a few.

What is a market with low risk called?

When you invest with minimal risk, you pick assets with a reduced likelihood of experiencing significant losses than, say, unpredictable stock purchases. Government securities like Series I bonds, cash management accounts like certificates of deposit, and even stock options like preferred stocks are examples of low-risk investment options.

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Frederick Taylor, often referred to as the father of scientific management, is best known for his work with
A. time-motion studies.
B. the Hawthorne studies.
C. the hierarchy of needs.
D. Theory X.
E. employee punishment.

Answers

The work with time-motion studies that Frederick Taylor, frequently referred regarded as the "father of scientific management," is most renowned for.

What objectives did Taylor's scientific management seek to achieve?

The main objective of scientific management is to boost productivity. When Taylor started his scientific management trials, he concentrated on boosting productivity by cutting down on the time needed to complete activities.

What is Frederick Taylor's theory?

Frederick Winslow Taylor's book "The Principles of Scientific Management" was released in 1911. Taylor thought that the greatest approach to boost labor productivity was to optimize the way the job was done. He claimed that defects in a particular work process could be scientifically fixed via improved management techniques.


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which of the following best describes codominance in genes.' effects on children's growth and development?

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Both of the two alleles linked to a certain physical trait have some effect. Two distinct variants (alleles) of a gene are expressed equally in a heterozygous person, a phenomenon known as codominance.

This indicates that both alleles are fully expressed in the phenotype of the progeny and that neither allele is dominant or recessive.

When it comes to how codominance affects a child's growth and development, it might lead to special physical characteristics that are a combination of both alleles. For instance, if a child receives both an allele for straight hair and one for curly hair, they may have wavy hair that combines both types. Similar to this, if a child receives one blood type A allele and one blood type B allele, They might have blood type AB.

As both alleles are completely expressed and contribute to the final phenotype, codominance can, in general, help explain the diversity and complexity of physical features in children.

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TRUE/FALSE.if a company is conducting a panel interview, a job candidate should establish eye contact with only the person who asked the question.

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TRUE/FALSE - If a company is conducting a panel interview, a job candidate should establish eye contact with only the person who asked the question. The given statement is False, and there are several reasons behind it. In panel interviews, job candidates are expected to make eye contact with all panel members.

Candidates who establish eye contact with all panel members appear more professional and confident, making them more appealing to the hiring managers.Although panel interviews are intimidating, it is essential to keep in mind that the interview panel is just a group of individuals looking for the right person for the job. Therefore, it is always best to keep eye contact with every member of the panel to make a lasting impression. Suppose a candidate only makes eye contact with the person who asked the question. In that case, it would make them seem unprepared or disinterested, which could significantly impact their chance of getting the job.As a candidate, it is essential to make a connection with each member of the panel, as each person brings their own unique set of experiences, skills, and perspectives. When you make eye contact with every member, it shows that you value their opinion and that you are genuinely interested in the position. Therefore, establishing eye contact with all panel members should be an essential part of your interview strategy.

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Prior to the 1930s, the _____ model of economics dominated economic thinking about how the economy worked. A) Keynesian B) classical. C) monetarist

Answers

Answer: Keynesian

Explanation:

I had this question once

Which of the following flows allows a manager to understand why the business has had record sales, yet is having a hard time paying the bills each month: the statement of cash flows o the income statement the statement of retained earnings o the statement of owner's equity

Answers

The statement of cash flows allows a manager to understand why the business has had record sales

The total of a company's net cash intake and outflow over a specific time period is its cash flow. A company needs to keep its cash flow positive in order to keep running. To deliver value to investors, cash flows must be positive. Even after capital expenditure payments have been made, investors are explicitly looking for strong cash flows. Cash flow refers to the inflow and outflow of cash and its equivalents. Cash flow is a result of business activities, financial commitments, and investments. It determines the availability and state of a company's cash.

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fill in the blank. Another name for an asset management account is: A cash management account. A _____ draft account is an interest=bearing checking account at a credit union.

Answers

Answer: apple , ant , acid and way more

Michael Porter defined _____ as an attempt to achieve sustainable competitive advantage by preserving what is distinct about a company.A. strategic positioningB.domestic rivalryC. cost-leadershipD. economy of scale

Answers

Michael Porter defined strategic positioning as an attempt to achieve sustainable competitive advantage by preserving what is distinct about a company. Therefore the correct option is option A.

This concept emphasizes the ability of a company to position itself in the marketplace by aligning its strengths with the needs of its customers. The goal is to achieve sustainable competitive advantage by preserving what is distinct about a company.

A sustainable competitive advantage is a long-term competitive advantage that is difficult to replicate or overcome. Sustainable competitive advantages can be achieved through strategic positioning, economies of scale, cost leadership, or differentiation.

Strategic positioning is one of the most important tools in business strategy. This concept is based on the idea that a company must identify its unique strengths and align them with the needs of its customers.

By doing so, a company can position itself in the marketplace and achieve sustainable competitive advantage by preserving what is distinct about the company. Therefore the correct option is option A.

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Use the following data for a closed economy to calculate the amounts listed below. Explain and show your work in your answers: Y = $12 trillion C = $8 trillion G = $2 trillion Spublic = $-0.5 trillion T = $2 trillion A. Investment spending B. Private saving C. Transfer payments

Answers

A closed economy is an economy where there is no international trade. This economy is self-sufficient and all transactions occur within the country.

In this question, we have been provided with the following data for a closed economy:Y = $12 trillionC = $8 trillionG = $2 trillionSpublic = $-0.5 trillionT = $2 trillionA. Investment spending:To calculate investment spending, we can use the following formula:I = Y – C – GHere, Y = $12 trillion, C = $8 trillion and G = $2 trillionI = $12 trillion – $8 trillion – $2 trillionI = $2 trillionTherefore, investment spending in this closed economy is $2 trillion.

B. Private saving: To calculate private saving, we can use the following formula:private = Y – C – THere, Y = $12 trillion, C = $8 trillion and T = $2 trillionSprivate = $12 trillion – $8 trillion – $2 trillionSprivate = $2 trillionTherefore, private saving in this closed economy is $2 trillion.

C. Transfer payments : These are payments that are made by the government to individuals or firms without any services or goods being exchanged. In this case, we are given Spublic = $-0.5 trillion. This means that the government is running a budget deficit of $0.5 trillion. As a result, there are transfer payments taking place. The amount of transfer payments is equal to the difference between government spending and government revenue (taxes). Therefore, transfer payments can be calculated using the following formula:Spublic = G – THere, G = $2 trillion and T = $2 trillionSpublic = $2 trillion – $2 trillionSpublic = $0.

Therefore, the amount of transfer payments in this closed economy is $0.

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Credit unions may be federally or state chartered. If a credit union is chartered at the federal level, it is subject to the regulations imposed by the
A. Federal Reserve.
B. National Credit Union Administration.
C. State Banking Commission.
D. Federal Credit Union Insurance Fund.
E. Office of the Comptroller of the Currency.

Answers

If a credit union is chartered at the federal level, it is subject to the regulations imposed by the National Credit Union Administration. Therefore the correct option is option B.

The credit unions can be federally or state chartered. If a credit union is chartered at the federal level, it is subject to the regulations imposed by the National Credit Union Administration (NCUA).

A credit union is a member-owned financial cooperative, controlled by its members and operated on the principle of people helping people, providing its members with credit at competitive rates as well as other financial services such as savings, loans, and insurance products.

The primary purpose of credit unions is to provide credit to members, and they operate as non-profit organizations. Credit unions serve people who share a common interest, such as the same workplace or labor union. The correct answer is option B.

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Communists are covered under the Civil Rights Act. true or false
and
The first law regarding civil rights was the Civil Rights Act. true or false

Answers

It is true that the Civil Rights Act protects communists.

The Civil Rights Act was not the first civil rights law, which is untrue.

What is safeguarded by the Civil Rights Act?

According to the Civil Rights Act of 1964, discrimination against a person on the basis of their race, color, religion, sex, or country of origin is forbidden. The civil rights act's provisions forbade discrimination against people in hiring, promoting, and terminating decisions based on their race or gender.

Which civil rights movement was the first?

The nation's desegregated schools were undone by the 1954 Supreme Court decision in Brown v. Board of Education, the movement's first big victory in the modern era. Schools were slow to follow through, particularly in the South, and attempts to register black pupils occasionally resulted in violent outbursts.

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which of the following items are included in the code of professional ethics of the american institute of certified public accountants:

Answers

The items that are included in the code of professional ethics of the American Institute of Certified Public Accountants (AICPA) are as follows:1. Independence: This principle states that accountants should maintain independence in their work and avoid any relationships that could compromise their professional judgment.2.

Integrity: This principle refers to the quality of being honest and having strong moral principles. Accountants are expected to adhere to high ethical standards in their work.3. Objectivity: This principle requires accountants to be impartial and unbiased in their work. They should avoid any conflicts of interest and refrain from engaging in any activities that could compromise their objectivity.4. Confidentiality: This principle states that accountants should maintain the confidentiality of client information. They should not disclose any confidential information without the client's consent, except in certain situations where disclosure is required by law.5. Professional Competence: This principle requires accountants to maintain a high level of professional competence in their work. They should continue to develop their knowledge and skills to provide high-quality services to their clients.6. Professional Behavior: This principle requires accountants to act in a manner that reflects positively on the profession. They should avoid any behavior that could damage the reputation of the profession.The AICPA Code of Professional Conduct provides guidance and rules to help accountants navigate ethical issues in their work. By following these principles and rules, accountants can maintain their integrity, independence, and objectivity, and provide high-quality services to their clients.

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The market equilibrium maximizes the sum of producer and consumer surplus for all of the following reasons EXCEPT:
a.
goods are produced by the lowest-cost sellers.
b.
every potential seller and every potential buyer are in the market.
c.
there are no wasted resources.
d.
goods are consumed by the highest-value buyers.

Answers

For each of the following reasons, the market equilibrium maximises the total of producer and consumer surplus. The lowest-cost merchants make the items, though. Option a is Correct.

The cost to the sellers also outweighs the value to the purchasers at quantities higher than the equilibrium amount. As a result, the producer and consumer surpluses are maximised at the point of market equilibrium.

The total surplus of the consumer and producer is maximised at the point where supply and demand are equal. This gives the impression that the market's invisible hand directs buyers and sellers towards effective resource allocation. When there are market failures, resources are not allocated in an efficient manner. Option a is Correct.

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fill in the blank. ____ is when the federal government shares revenue with state, local, and other governmental units for poverty, health, and highway programs.

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Intergovernmental transfers is when the federal government shares revenue with state, local, and other governmental units for poverty, health, and highway programs.

Intergovernmental transfers are a form of fiscal federalism, which is the concept that fiscal policy decisions and spending should be shared between the national and state governments. In particular, these transfers are the primary way the federal government provides funds to the states and localities for programs such as health, housing, and highways. The federal government generally makes these transfers in the form of grants, which are funds that do not need to be repaid. States and local governments then use these funds to implement programs for the public good. For example, highway projects and other infrastructure projects are often funded in part by intergovernmental transfers from the federal government.

Additionally, intergovernmental transfers are often used to fund social services such as health care and poverty assistance programs.

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Couples filing jointly (even when participating in a retirement plan at their places of work) can open this type of account as long as their adjusted gross income is less than $98,000 ($61,000 for single taxpayers.

Answers

Couples filing jointly are eligible to start this sort of account as long as their combined annual gross income is less than $98,000 ($61,000 for single taxpayers), even if they participate in a retirement plan at their places of employment.

An account of what kind is a retirement plan?

A 401(k) is a retirement plan that many for-profit businesses provide as a perk for employees. In most cases, you can make a contribution by simply directing a portion of your salary to the retirement plan. A 401(k), like the majority of other retirement plan types, offers tax benefits by lowering your taxable income.

A combined retirement account is what?

As long as the non-working spouse doesn't work or doesn't have enough income to support contributions, spousal IRAs allow a working person to make contributions to their spouse's IRA.

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Question:

couples filing jointly agi up to $193000 ($131000 for single) and without regard to participation in another retirement or pension plan can open. annual contrib's (up to $6500 for 50+, 2015) are made with after-tax dollars, accruing tax free. All withdrawals from account are also tax free provided that the account has been open for at least 5 years and individual is past 59.5

an effective project management communication plan can help with which of the following processes? select all that apply.

Answers

In order to achieve desired goals and objectives, a person or group of people must be challenged and managed, according to the concept of management. Additionally, the capacity to organize, supervise, and guide people is a component of management.

What is management?

The administration and coordination of tasks to accomplish a goal is management. Setting the organization's strategy and organizing staff efforts to achieve these goals through the use of resources available are examples of such administrative actions.

The organization and coordination of company activities is known as business management. Business managers supervise operations and support workers in achieving their highest levels of productivity. A manager can assist a company in achieving its operational and financial goals by supervising or training new staff.

Management is the act of organizing, directing, motivating, and managing an organization's information, financial, physical, and human resources in order to efficiently and successfully accomplish its objectives.

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Complete question is: With which processes an effective project management communication plan can help?

Which of the following is NOT a form of equity financing?
a. a loan
b. retained earnings
c. government funding
d. gifts
e. donations

Answers

Loan is not a form of equity financing. Equity financing refers to the process of raising funds for a business by selling ownership shares to investors. option (a)

In equity financing, investors provide capital to a company in exchange for a share of ownership in the business, which entitles them to a portion of the company's profits and a say in how the business is run.

On the other hand, a loan is a form of debt financing, where a lender provides funds to a borrower with the expectation of repayment with interest. Unlike equity financing, debt financing does not involve selling ownership shares in the business.

Therefore, option a, a loan, is not a form of equity financing.

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which of the following contributed to the rapid increase in home prices beginning in 2003? check all that apply.

Answers

Answer:

Which of the following contributed to the rapid increase in home prices beginning in 2003?

Check all that apply.

O Interest rates were low

O Economic conditions were favorable

Explanation:

If there are answer choices I believe those ^  would be the correct ones.

average cost minimization, giant screen TV Inc, San Diego​

Answers

Note that at the average cost-minimizing level of output, the company is operating at a loss of approximately $9.26 million.

What is Average Cost Minimization?

Average cost minimization is the process of finding the level of output that minimizes the average cost of production, which maximizes a firm's profits.

To determine the average cost-minimizing level of output, we need to find the quantity at which average cost (AC) is at its minimum. This occurs when marginal cost (MC) equals average cost (AC). So we set MC = AC:

MC = AC

$800 + $0.008Q = TC/Q

$800 + $0.008Q = ($12,100,000 + $800Q + $0.004Q)/Q

$800Q + $0.008Q² = $12,100,000 + $800Q + $0.004Q

$0.008Q^2 = $12,100,000 + $0.196Q

$0.008Q^2 - $0.196Q - $12,100,000 = 0

Solving for Q using the quadratic formula, we get:

Q = (-(-0.196) ± √((-0.196)² - 4(0.008)(-12,100,000))) / (2(0.008))

Q ≈ 2,969

Therefore, the average cost-minimizing level of output is approximately 2,969 units.

To find MC at this level of output, we plug in Q = 2,969 into the MC equation:

MC = $800 + $0.008Q

MC = $800 + $0.008(2,969)

MC ≈ $824

To find AC at this level of output, we plug in Q = 2,969 into the TC and Q equations:

TC = $12,100,000 + $800Q + $0.004Q²

TC = $12,100,000 + $800(2,969) + $0.004(2,969)²

TC ≈ $14,502,096

AC = TC/Q

AC = $14,502,096/2,969

AC ≈ $4,885.44

To find P at this level of output, we plug in Q = 2,969 into the MR equation and set it equal to the price (P) that consumers are willing to pay:

MR = $1,800 - $0.012Q

MR = $1,800 - $0.012(2,969)

MR ≈ $1,764.52

P = MR

P ≈ $1,764.52

Finally, to find profit (π) at this level of output, we subtract total cost (TC) from total revenue (TR):

TR = P × Q

TR = $1,764.52 × 2,969

TR ≈ $5,239,895.88

π = TR - TC

π ≈ $5,239,895.88 - $14,502,096

π ≈ -$9,262,200.12

Therefore, at the average cost-minimizing level of output, the company is operating at a loss of approximately $9.26 million.



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Full Question:

Although part of your question is missing, you might be referring to this full question:


Average Cost Minimization. Giant Screen TV, Inc., is a San Diego-based importer anddistributor of 60-inch screen, high-resolution televisions for individual and commercial customers. Revenue and cost relations are as follows:

TR = $1,800Q - $0.006

MR = ∆TR/∆Q = $1,800 - $0.012Q

TC = $12,100,000 + $800Q + $0.004

MC = ∆TC/∆Q = $800 + $0.008Q

A. Calculate output (Q), marginal cost (MC), average cost (AC), price (P), and profit (π) atthe average cost-minimizing activity level.

Which of the following will most likely occur in the United States as the result of an unexpected rapid growth in real income in Canada and Mexico? higher resource prices, a decrease in SRAS, and an increase in the general level of prices.

Answers

The United States is likely to experience higher resource prices, a decrease in the short-run aggregate supply (SRAS) curve, and an increase in the general level of prices due to an unexpected rapid growth in real income in Canada and Mexico.

Higher resource prices are a result of increased demand for goods and services from these countries, causing their demand for resources to rise. This increases prices for these resources in the United States. In addition, an increase in real income in these countries will lead to an increase in imports from the US, shifting the SRAS curve to the left. Lastly, the increased demand for goods and services from the US due to the growth in real income in Canada and Mexico will result in an increase in the general level of prices. In summary, the unexpected rapid growth in real income in Canada and Mexico will likely result in higher resource prices, a decrease in SRAS, and an increase in the general level of prices in the United States.

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Price-Demand Equation At Yaster Mart, people are willing to buy a pounds of chocolate candy per day at $p b dollars per quarter pound, as given by the price-demand equation z = a + where р a = 10 and b= 190. Find the instantaneous rate of change of demand with respect to price when the price is $6.21. Round to the nearest hundredth (2 decimal places) pounds per dollar

Answers

The instantaneous rate of change of demand with respect to price when the price is $6.21 is approximately -4.87 pounds per dollar


Price-Demand Equation At Yester Mart, people are willing to buy a pounds of chocolate candy per day at $p b dollars per quarter pound, as given by the price-demand equation z = a + where р a = 10 and b= 190.To find the instantaneous rate of change of demand with respect to price when the price is $6.21, the steps are as follows:

Step 1: Substitute the values of р a, b and p in the price-demand equation. z = 10 + 190/p

Step 2: Take the derivative of both sides with respect to p to obtain the instantaneous rate of change of demand.dz/dp = -190/p²

Step 3: Substitute p = $6.21 in the above equation to find the instantaneous rate of change of demand with respect to price when the price is $6.21.dz/dp = -190/6.21²≈ -4.87 pounds per dollar (rounded to 2 decimal places)

As a result, at a price of $6.21, the instantaneous rate of change of demand with respect to price is roughly -4.87 pounds per dollar.

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Which of the following set of characteristics places a startup in the strongest position to apply for equity funding?
A) weak cash flow, high leverage, low-to-moderate growth, unproven management
B) strong cash flow, low leverage, audited financials, good management, healthy balance sheet
C) unique business idea, strong cash flow, low-to-moderate growth, broad market
D) strong cash flow, high leverage, low-to-moderate growth, unproven management
E) unique business idea, high growth, niche market, proven management

Answers

The following set of characteristics places a startup in the strongest position to apply for equity funding: Unique business idea, high growth, niche market, and proven management.

Equity financing refers to the process of obtaining funds by selling a portion of the company's shares. Equity financing has become an important source of funding for many small and medium-sized businesses. Equity financing is a common way for entrepreneurs to finance their business ideas. The answer to this question is (E) unique business idea, high growth, niche market, and proven management. The following are explanations for each of the characteristics:

A Unique business idea: An idea that is original and offers a solution that no other company has provided. It is this characteristic that distinguishes your company from others in the market.High growth: A company that is expected to expand rapidly over time. Investors are interested in investing in businesses that are expected to grow rapidly.

Niche Market: A smaller segment of the market that is not served by large players, which allows companies to compete on a smaller scale. Proven Management: A team of professionals who have a track record of successfully executing business plans. Investors are more likely to trust their funds with individuals who have a proven track record of success.

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