scholarships . ( Houses of worship, unions, school districts, chambers of commerce, and charities are all excellent sources of college scholarships.)
What is the common types of scholarships?
Executive and academic scholarships are the two most common types of scholarships awarded by universities. Leadership Scholarships are awarded for participation in curricular and extracurricular activities and academic excellence.
What are the best types of scholarships?
A full-ride scholarship is a ride to college that covers all costs and is the most desirable of the different types of scholarships. Most fully funded scholarships are school-specific, but some organizations do not limit the use of funds to specific schools.
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For a monopolistically competitive firm in long-run equilibrium:
a. price will equal marginal cost.
b. price will equal average total cost.
c. marginal revenue will exceed marginal cost.
d. economic profits will be some positive amount.
For a monopolistically competitive firm in the long-run equilibrium price will equal the average total cost. Thus, option 'B' is the correct option.
What happens to price in long run in monopolistic competition?In long-run equilibrium, a monopolistically competitive firm's pricing will be equal to its average total cost. A monopolistically competitive corporation never generates any economic profits in the long run. The price is equal to the average total cost when a producer is earning no economic profits, or P = ATC.
Businesses in monopolistic competition continue to produce at a level where marginal cost and marginal income are equal over the long term. But when more businesses enter the market, the demand curve will have moved to the left.
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The two most basic policies associated with employment stability are: *
1 poin
employment for life and guaranteed minimum wage.
full-time and part-time.
incentive plans and piece-rate plans.
follow demand exactly and hold employment constant.
job enrichment and job enlargement.
The two most basic policies associated with employment stability are follow demand exactly and hold employment constant. Option D is correct.
What is Employment Stability?Employment stability is the length of time an employee works at their current position without being let go. In order to encourage a sense of employment stability, companies must take action.
Five Strategies for Finding More Employment Stability:
Focus on what is effective. Learn to keep work and life separate.Join the journeys together.At the very least, fix the technical issues.Pay attention to the inner voice.However Companies may improve retention, attract top talent (word spreads when employees know that their employment is stable), and foster a productive workplace atmosphere by offering consistent, stable positions to workers.
Thus Option D is correct.
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which of the following is a source of gaining wealth whereby corporate raiders either push companies to change their corporate strategy to one that will benefit stockholders, or charge a premium for stock when the company wants to buy it back? a stock option greenmail self-dealing on-the-job consumption risk capital
The statement that is a source of gaining wealth whereby corporate raiders either push companies to change their corporate strategy to one that will benefit stockholders, or charge a premium for stock when the company wants to buy it back is: B. Greenmail.
What is Greenmail?Greenmail can be defined as the way of buying more shares or additional shares from a company so as to make it look like another company what to takeover which inturn will enables the company to rebuy or repurchase the same shares as a premium because of the fear of been taking over.
Some investors tend to engage in this act buy trying to threaten a company with what is called hostile takeover.
Greenmail is a source of generating wealth based on the fact that corporate raiders will tend to push companies to change their corporate techniques to the one that will be of benefit to stockholders.
Therefore we can conclude that the correct option is B.
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the shows the assets, liabilities, and owners' equity of a firm, at a specific point in time.
The balance sheets display a company's assets, liabilities, and owner's equity at a particular time.
what is a balance sheet?A balance sheet is a financial statement that lists the assets, liabilities, and shareholder equity of a corporation at a certain point in time. Balance sheets serve as the foundation for calculating investor return rates and assessing a company's financial structure.
The balance sheet, or statement of financial position, is a summary of the assets and liabilities of a corporation as well as the amount of shareholder investment. To do fundamental analysis or determine financial ratios, balance sheets can be utilized alongside other significant financial accounts.
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Your question is incomplete, probably the complete question is-
The _____ shows the assets, liabilities, and owners' equity of a firm, at a specific point in time.
Answer:
balance sheet
Explanation:
suppose nike and adidas are considering whether to develop new advertising campaigns. for each pair of strategies, the blue triangle at the top of each square shows nike's payoff and the yellow triangle at the bottom of each square shows adidas's payoff, in billions. use this information to complete the sentences.
The best outcome for Nike is to Advertise and for Adidas to not Advertise
If Adidas chooses not to advertise, their best result will happen if Nike chooses not to advertise. The Nash equilibrium for this advertising game is for Nike to choose to Advertise and for Adidas to not Advertise What does marketing in a firm entail?Marketing your company through advertising is one strategy to boost sales or enhance audience awareness of your goods or services. Your advertising may contribute to a customer's initial perceptions of your company before they interact with you and make a purchase.
Advertising is an effective technique that you may use to draw clients, educate them about your products, and gain their trust. The majority of businesses utilize some form of advertising to market their goods and services.
The benefit of advertising are:
Increased customer reachincrease consumer knowledge of your brand and company.promote the advantages of your goods and services.provide details about your company.Therefore, Nike will be better off without advertising as their sales are up based on the table but Adidas have to advertise if they want to bring their sales up.
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Which of the following factors of production encompasses the physical, intellectual, and creative contributions of people working within an economy?
The physical, intellectual, and creative labour that people contribute to an economy's production is referred to as labour.
The basic factor of production, labour, includes the mental, physical, and creative labour that people provide to an economy.
The human effort required to produce goods and services is known as labour, and it is a key driver of economic expansion. There are many different types of labour, including manual labour, skilled labour, and intellectual labour. The people are what drive the economy. Their physical prowess, intellect, and creativity are crucial to the creation of goods and services, and consequently to a nation's economic development.
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Match the definitions with the terms that most closely align with the description. the cost of producing one more unit of a good or service the situation where an additional unit of a good or service costs the same as each of the former units the benefit experienced from undertaking one more unit of an activity a situation where the expense of producing one more unit of a good or service is greater than that of producing the previous unit the amount that, when produced or consumed, results in the greatest possible net gain the situation where the gain from an additional unit of a good or service is less than the gain from producing the previous unit Match the definitions with the terms that most closely align with the description. the cost of producing one more unit of a good or service the situation where an costs the same as eac constant marginal cost marginal cost marginal benefit a situation where the of a good or service is previous unit decreasing marginal benefit optimal quantity increasing marginal cost the situation where the the amount that, when produced or consumed, results in the greatest possible net gain good or service is less previous unit
Marginal cost is calculated as the complete charges required to manufacture one extra good. Therefore, it can be measured by means of modifications to what expenses are incurred for any given additional unit.'
What defines marginal cost?The marginal price refers to the increase in production prices generated by the production of extra product units. It is also regarded as the marginal fee of production. Calculating the marginal value approves groups to see how volume output influences cost and hence, ultimately, profits.
Marginal price is the delivered price to produce an additional good. For example, say that to make a hundred car tires, it charges $100. To make one extra tire would value $80. This is then the marginal cost: how much it costs to create one additional unit of a excellent or service. The expenses of production determine the marginal cost.
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https://brainly.com/question/12231343#SPJ4jacob was on active duty in a combat zone from january 1, 2019, until june 30, 2020. jacob filed his 2019 federal income tax return on august 17, 2020. he was unable to file form 4868 for the 2019 return. jacob owes a balance due of $640 on his 2019 return. which of the following is true? jacob may be assessed a penalty because he filed his 2019 balance due tax return late. jacob was required by law to file form 4868 on or before the original due date of the 2019 return. jacob has to include all money he earned in 2019 on the 2019 tax return, including combat pay. jacob will be assessed no penalty for filing his 2020 balance due tax return after its original due date because he was in a combat zone.
Jacob will be assessed no penalty for filing his 2020 balance due tax return after its original due date because he was in a combat zone is true.
How much is the federal income tax?For the 2022 tax year, the federal income tax rates are at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. But each year, the minimum income levels for each category are gradually raised to account for inflation.Example: Following are the steps you would use to determine your federal tax if your taxable income in 2021 was $50,000: Pay 15%, or $7,353.00, or $7,353.00, up to $49,020. Pay $200.90 (20.5% of $49,020 to $98,040) as your payment. $7,553.90 in federal taxes are due in total.Basic wage plus HRA plus Special Allowance + Transport Allowance equals the total of one's salary.Because he was in a battle zone, Jacob won't be penalised for filing his 2020 balance due tax return after the deadline.To learn more about federal income tax refer to:
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the distributive process by which the burdens and rewards that society has to offer are shared varies from society to society. T/F
It is true that the distributive process by which the burdens and rewards that society has to offer are shared varies from society to society.
How the people in any given region divide burdens and rewards among themselves depends in large part on factors like the geography of the region and the propensity of the people established based on it. Additionally, the patterns of burden and reward distribution vary depending on the region's diverse demographics.
Distributive justice is the equitable distribution of costs and benefits in a society. Armstrong claims that distributive justice ensures that everyone member of a society bears some of the burden and benefits of living. Distribution justice is concerned with the equitable distribution of advantage among various social members.
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monetary policy, banks will discover that their reserves are below those required and that the federal funds rate has increased.
A bond purchase is possible. The most significant and efficient approach to raise the money supply out of these three is by purchasing bonds. Bank lending must be decreased if the federal fund is to shrink the money supply.
Federal funds, often known as fed funds, are surplus reserves that commercial banks and other financial institutions deposit with regional Federal Reserve banks. These funds can subsequently be loaned to other market players that lack the necessary cash on hand to fulfill their lending and reserve needs. Since the majority of these loans are issued for the overnight period, they are unsecured and have a relatively low interest rate known as the federal funds rate or overnight rate. Commercial banks' daily reserve requirements—the sum of money they must have on hand at their local Federal Reserve—are met in part thanks to Fed funds. Each bank's reserve needs are determined by the amount of client deposits it currently has.
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Fredo is an ethically challenged attorney. While he was in law school, he was investigated for allegedly cheating a few times, but managed to graduate because nothing was ever proven. After obtaining his law license, Fredo's practices continued to be ethically questionable. He often used tacles that challenged the limits of professional responsibility. One of Fredo's clients was an older gentleman, Vieta 96 year-old multi- millionaire real estate investor. Viet was dealing with legal issues involving a complicated divorce related to his extramarital relationship with a local real estate developer, Staria. Viet had been experiencing considerable physical and mental health challenges for the past four years, and he heavily relied on Fredo to manage his personal affairs and provide business advice Viet was deeply in love with Starla, but also passionately committed to ensuring the continued success of the family business on which his four children and eight grandchildren depended. Fredo told Viet that he could arrange matters so that Viet could happily live out his final years in the Caribbean with Start Butto for this to happen, Viet would have to pay a large legal fee to Fredo, and 2name Fredo as a major beneficiary in Viet's will; and (3) give Fredo power of attorney over all of Vier's assets, including his ownership shares in the business Viet agreed to Fredo's demands. He gave Fredo power of attorney and changed his will so that upon his death, Fredo would receive half of Viers estate. The other half went to Start Viet also paid the unusually large legal fee. At that point, Fredo agreed to proceed with negotiations in Vier's divorce. Shortly after the divorce, Viet had a severe heart attack and immediately died. QUESTION Which of the following is true regarding Fredo's dealing with Viet? o Fredo has unduly influenced Viet. o Fredo has committed fraudulent misrepresentation and caused Viet to experience duress o Fredo tres caused Viet to experience duress. o Fredo tios caused Viet to experience duress and unduly intuenced Viet o Fredo has not committed any wrongdoing, unless it can be proven that Viet locked mental capacity during his transactions with Fredo: In that case, Fredo nas caused Viet to experience duress.
Note that in the above case study, it is correct to state that ""Fredo has unduly influenced Viet and caused Viet to experience duress." Hence, his acts can be termed as highly unethical.
What is undue influence in law?A contract is said to be induced by "undue influence" when the parties' relations are such that one of the parties is in a position to dominate the will of the other and exploits that position to gain an unfair advantage over the other.
Undue influence is illegal. However, it is a hard issue with few convictions. However, excessive influence is a form of constructive fraud.
Thus, besides crossing the boundaries of professional limits, Fredo can be charged for fraud in the above case.
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a researcher studying small town religiosity in the united states randomly selected 10 states. from these states, he randomly selected one tenth of all counties. from these counties, he randomly selected one tenth of cities with populations smaller than 10,000. from these towns, he obtained lists of all houses of worship and randomly selected three. from these, he selected ten practitioners to be interviewed. in this example, states and counties are examples of _____.
In this example, states and counties are examples of CLUSTERS.
WHAT IS CLUSTER SAMPLING?Researchers divide a population into clusters, or discrete groupings, during cluster sampling. To create a sample, they then randomly choose individuals from these clusters.
Large populations, especially those that are widely geographically distributed, are frequently studied using cluster sampling, a probability sampling technique. The pre-existing units that researchers typically utilize as their clusters are cities or schools.
The benefits of cluster sampling:
1.It is the most cost- and time-effective probability design for broad geographic areas.
2.From a practical standpoint, this strategy is simple to apply.
3.Due to the improved accessibility of prospective sample group members, a larger sample size can be utilized.
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Recognition of a recourse liability will make a loss on sale of receivables larger than it would otherwise have been. True
I Recourse Liabilities means any obligation, guaranty or indemnity by a Member under any loan to the Company or any Operating Company.
What is the recognition of liabilities?Recourse Liabilities are the amounts owed by the Partnership that are not Nonrecourse Liabilities or Partner Nonrecourse Liabilities.
A recourse is a legal agreement that grants the lender the right to repossess the pledged collateral if the borrower fails to meet the debt obligation. The lender's legal right to collect is referred to as recourse. Lenders benefit from recourse lending because they are guaranteed some repayment, whether in cash or liquid assets.
Companies that use recourse debt have a lower cost of capital because lending to that firm carries less underlying risk. Recourse Liabilities are the amounts owed by the Partnership that are not Nonrecourse Liabilities or Partner Nonrecourse Liabilities.
A recourse is a legal agreement that grants the lender the right to collect on the loan.
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The gross weekly sales at a certain restaurant are a normal random variable with mean $2200 and standard deviation $230. Find the probability that (a) the gross sales over the next two weeks exceeds $5000. (b) weekly sales exceed $2000 in at least 2 of the next 3 weeks.
Answer:
(a)0.0325
(b)0.9033
Explanation:
(a)
Define random variables X and Y that marks the total gross sales over the first and the second week, respectively.
We are given that
and when we can assume that they are independent (knowing total sales in the first week does not affect total sales in the second week).
Know, we are considering random variable Z=X+Y. From the theory, we know that
i.e., the sum of two independent Normals is again Normal.
Now, we are required to find:
(b)
Define random variable N as the number of weeks in the next three weeks where the total gross sales exceed 2000.
We have that N~ Binom(3,p), where
Finally
Result:
(a)0.0325
(b)0.9033
The dollar-value LIFO cost-to-cost retail ratio does not include O purchases. O beginning inventory. O net markups and markdowns. O ending inventory
The dollar-value LIFO cost-to-cost retail ratio does not include all the options
The dollar-value LIFO cost-to-cost retail ratio is a measure of the relationship between the cost of goods sold (COGS) using the last-in, first-out (LIFO) method and the retail value of the items sold. It is calculated by dividing the COGS using the LIFO method by the retail value of the goods sold.
The method does not include purchases, or beginning or ending inventory, as these items are not relevant to the ratio calculation. The ratio only considers the cost of goods sold and the retail value of the goods sold during a specific period of time. Further, the net markups and markdowns are not included in the calculation of the dollar-value LIFO cost-to-cost retail rate Markups and markdowns refer to the difference between the cost of goods and their selling price and are not considered part of the cost of goods sold.
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refers to having other people help you by reading the draft and communicating with you about its strengths and weaknesses.
Evaluating is the process of getting assistance from others by having them read your manuscript and discuss its advantages and disadvantages with you.
What does assessing accomplish?A programmed, precise, intervention, or initiative's effectiveness in achieving its objectives can be studied scientifically by using evaluation. Evaluations help identify the aspects of a programme or effort that are successful and those that could be improved.
What is an illustration of evaluation?Review Sentence Samples He paused to inspect the gold-plated jeweler. In order to make rescue efforts easier, assess the run-out beneath the rapid. To employ in the driver, we first examine a variety of compression algorithms. I look for opportunities, he claimed.
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Derive the evolutionary equation for debt-to-GDP ratio from the government budget constraint and explain how to reduce it (I've attached a picture of in class notes)
Higher the Primary Deficit, higher will be the next year debt-to-GDP Ratio [tex]$\left(\frac{b_t}{y_t}\right)$[/tex]
What is Gross Domestic Product ?GDP calculates the monetary value of the final goods and services—those purchased by the consumer—produced in a nation during a specific time period.
According to the given information
Government Budget Constraint:
[tex]B_t-B_{t-1}=r B_{t-1}+G_t-T_t \text { - (1) }[/tex]
[tex]where $B_t=$ Debt in year $t$ (current year $=t$ )[/tex]
[tex]$B_{t-1}[/tex] = Debt in year t-1.
[tex]$T_t[/tex] = Taxes in year t
Now, Let [tex]$y_t[/tex] = Income in year t.
[tex]$\frac{B_t}{y_t}=$[/tex] Debt Ratio or Debt-to-4DP ratio.
from equation (1), we have
[tex]B_t & =r B_{t-1}+B_{t-1}+G_t-T_t \\[/tex]
[tex]& =(1+r) B_{t-1}+G_t-T_t[/tex]
We adjust the equation's two sides for income [tex]y_{t}[/tex]
[tex]& \Rightarrow \frac{B_t}{y_t}=(1+\gamma) \frac{B_{t-1}}{y_t}+\frac{G_t-T_t}{y_t} \\[/tex]
[tex]& \Rightarrow \frac{B_t}{y_t}=(1+\gamma) \frac{B_t-1}{y_t} \times\left(\frac{y_{t-1}}{y_{t-1}}\right)+\frac{G_t-T_t}{y_t} \\[/tex]
[tex]& \Rightarrow \frac{B_t}{y_t}=(1+r) \frac{B_{t-1}}{y_{t-1}} \times\left(\frac{y_{t-1}}{y_t}\right)+\frac{G_t-T_t}{y_t}-(2)[/tex]
Now, let g be the % change in y
[tex]& g=\frac{y_t-y_{t-1}}{y_{t-1}} \\\Rightarrow & g=\frac{y_t}{y_{t-1}}-1 \\[/tex]
[tex]\Rightarrow & \frac{y_t}{y_{t-1}}=1+g \\\Rightarrow & \frac{y_t-1}{y_t}=\frac{1}{1+g}[/tex]
Put [tex]$\frac{y_{t-1}}{y_t}$[/tex] in equation (2), we get
[tex]\frac{B_t}{V_t}=\frac{(1+\gamma)}{(1+g)} \frac{B_{t-1}}{y_{t-1}}+\frac{G_t-T_t}{y_t}[/tex]
We know, [tex]$\frac{1+x}{1+y} \approx 1+x-y$[/tex]
[tex]& \text { So, } \frac{B_t}{y_t} \approx(1+\gamma-g) \frac{B_{t-1}}{y_{t-1}}+\frac{G_t-T_t}{y_t}-4 \\[/tex]
[tex]& \Rightarrow \frac{B_t}{y_t}=\frac{B_{t-1}}{y_{t-1}}+(\gamma-g) \frac{B_t-1}{y_{t-1}}+\frac{G_t-T_t}{y_t} \\[/tex]
[tex]& \Rightarrow \frac{B_t}{y_t}-\frac{B_{t-1}}{y_{t-1}}=(\gamma-g) \frac{B_{t-1}}{y_{t-1}}+\frac{G_t-T_t}{y_t} \quad[/tex] Hence proved
Equation (4) is the evolutionary equation for Debt_to-4DP Ratio. where [tex]$G_t-T_t=$[/tex] Primary Deficit
[tex]\Rightarrow \frac{G_t-T_t}{y_t}[/tex] = Primary deficient ratio
Higher the Primary Deficit, higher will be the next year debt-to-GDP Ratio [tex]$\left(\frac{b_t}{y_t}\right)$[/tex]
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1.A casual dining chain has experienced over 100 cases of food poisoning in several U.S. cities. The parent company of the chain immediately acknowledged the situation and relayed information about its ongoing investigation. The spokespeople stressed that "our primary concern is always the health and safety of our customers." At this point, the scenario would most likely be considered a(n) __________ issue.
Multiple Choice
• an advertorial
• public relations
• event marketing
• network marketing
• indirect advertising
As the spokespeople stressed that "their primary concern is always the health and safety of our customers." At this point, the scenario would most likely be considered a public relations issue. The Option B is correct.
What is public relations in marketing?In marketing, public relations means set of techniques and strategies related to managing how information about an individual or company is disseminated to the public and most especially the media. The primary goals of public relations are to disseminate important company news or events, maintain a brand image and put a positive spin on negative events to minimize their fallout.
A company public relations may occur in the form of press release, news conference, interviews , social media posting etc. Every entity operating in the public eye faces spread of information about them or their practices to the public.
In conclusion, as public relations is an industry unto itself, any attempt to portray oneself in a certain way to others can be considered a form of public relations.
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assume you end up producing 2,000 units, but you only originally budgeted to produce 1,900.t/f: when creating a flexible budget, your fixed and variable costs will both increase from your original budget.
False. When creating a flexible budget, only the variable costs will increase from the original budget. Fixed costs will remain constant regardless of the number of units produced.
An adaptable budget evolves to reflect shifts in actual revenue levels. Once an accounting period is over, actual revenues or other activity metrics are placed into the flexible budget, which then creates a budget that is tailored to the inputs.
For example : The $10 million revenue budget for ABC Company is offset by a $4 million cost of goods sold. $3 million of the $4 million budgeted cost of goods sold is directly correlated with revenue, while $1 million is fixed. As a result, 30% of revenues represent the variable element of the cost of goods sold.
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suppose that each of two independent investments has a 2% chance of a loss of $10 million and 98% chance of a profit of $1 million.
The chances of loss on investment is 20000$. An independent investment is money that people or businesses put into businesses. Investments that are independent of other investments in a company are unconnected.
Typically, people invest money by buying bonds or stock in a firm. Contrary to what their names imply, contingent investments are linked to some other forms of investments while independent investments are just that—contingent. a sum of money that an individual, rather than a company or businesses, has invested in something, or these investments taken collectively: Real estate and precious metals are his go-to personal investing options. The most valuable cryptocurrency by market capitalization, bitcoin, is a volatile and dangerous investment.
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New lease accounting guidance will require companies to report a liability for operating leases at present value as well as for capital leases (now called finance leases). If Target had used the new lease accounting guidance in its fiscal 2017 financial statements, what would be the amount reported as a liability for operating leases? Hint: Assume the payments "after 2022" are to be paid evenly over a 16 years period and all payments are at the end of years indicated. Target indicates elsewhere in its financial statements that 6% is an appropriate discount rate for its leases. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVD of $1 an PVAD of $1) (Use appropriate factor(s) from the tables provided. Enter your answers in millions (i.e.,10,00,000 should be entered as 10). Round your answer to the nearest whole number.)
According to ASC 842-10-15-3, a contract is considered to be a lease if it grants the right to manage the use of specified real estate, machinery, or equipment (also known as an identifiable asset) for a specific length of time in exchange for money or other benefits.
Which new accounting standards apply to leases?The new lease standard requires that all leases be recorded as an asset and an offset liability for future lease payments. One way to tell if you have a lease as opposed to another type of contract is whether you have the right to control or use an asset, sometimes referred to as the right-of-use, or ROU Asset.
What details are disclosed in the lessee's financial statements for operating leases?When a lease is operational, the lessee will include a lease expense on its income statement for the period that it uses the asset. Nothing will be listed as an asset or liability on the balance sheet.
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Movements along versus shifts of demand curves
Event:
A change in the expectations of consumers about prices.
A decrease in the number of consumers.
An increase in the price of donuts.
An increase in the number of consumers.
A change in tastes of consumers that makes them desire more hot dogs.
A decrease in the price of hot dogs.
A decrease in the price of cereal
a change in tastes of consumers that makes them desire more cereal
an increase in the price of milk (a complement for cereal)
shift; shift; movement along
shift; shift; movement along
Movement along; shift, shift
The demand curve for donuts shows the relationship between the price of donuts and the quantity of donuts demanded by consumers, assuming that all of the determinants of demand are held constant. The following list displays determinants of demand, which are the factors that affect the quantity of donuts consumers want to buy at a given price: price of a related good (complement or substitute), income of consumers, tastes of consumers, number of consumers, expectations of consumers.
The movement of the demand curve as hot dog prices decline. a shift in consumer preferences that increases their appetite for hot dogs.
What is consumer preferences?Consumer preference refers to decisions made by consumers to increase their level of satisfaction. Although consumers can choose some of the products they purchase, they are not always able to get exactly what they want.The theory of consumer preference has been around for many years. It has been used to explain consumer behavior. The application of consumer preference can be done in a variety of ways, including marketing, advertising, product design, etc.According to the theory, consumers are affected by their own preferences, other people's preferences, and the environment in which they make decisions. In addition to social norms and cultural values, which can be viewed as social pressure to adhere to particular behaviors or beliefs, consumers are also influenced by these factors.To learn more about beliefs refer to:
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Vertical Analysis of Income Statement
For 20Y2, Fielder Industries Inc. initiated a sales promotion campaign that included the expenditure of an additional $40,000 for advertising. At the end of the
year, Leif Grando, the president, is presented with the following condensed comparative income statement:
3. PR.14-05B
Fielder Industries Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 20Y1
Sales $1,300,000 $1,180,000
Cost of goods sold 682,500 613,600
Gross profit $617,500 $566,400
Selling expenses $260,000 $188,800
Administrative expenses 169,000 177,000
Total operating expenses $429,000 $365,800
Income from operations $188,500 $200,600
Other income 78,000 70,800
Income before income tax $266,500 $271,400
Income tax expense 117,000 106,200
Net income $149,500 $165,200
Required:
1. Prepare a comparative income statement for the two-year period, presenting an analysis of each item in relationship to sales for each of the years. Round to
one decimal place. Enter all amounts as positive numbers.
Fielder Industries Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 Amount 20Y2 Percent 20Y1 Amount 20Y1 Percent
Sales $1,300,000 % $1,180,000 %
Cost of goods sold 682,500 % 613,600 %
Gross profit $617,500 % $566,400 %
Selling expenses 260,000 % 188,800 %
Administrative expenses 169,000 % 177,000 %
Total operating expenses $429,000 % $365,800 %
Income from operations $188,500 % $200,600 %
Other income 78,000 % 70,800 %
Income before income tax $266,500 % $271,400 %
Income tax expense 117,000 % 106,200 %
Net income $149,500 % $165,200 %
2. The net income as a percent of sales has
. All the costs and expenses, other than selling expenses, have maintained their approximate cost as a percent of sales relationship between 20Y1 and 20Y2.
Selling expenses as a percent of sales, however, have . Apparently, the new advertising campaign been successful.
The increased expense produced sufficient sales to maintain relative profitability. Thus, selling expenses as a percent of sales have
As a percentage of sales, net income has fallen. Other than selling charges, all costs and expenses between 20Y1 and 20Y2 remained roughly the same as a percentage of sales.
Give a brief account on income statement.One of a firm's financial statements, an income statement displays the sales and expenses the company incurred within a specific time period. Managers and investors can determine whether a company made money during the reporting period by looking at the income statement.
Charitable organizations are not required to prepare an income statement but are instead required to disclose financial statements. Instead, they produce a comparable statement that contrasts funding sources with program costs, overhead costs, and other operating commitments. The declaration of actions is another name for this sentence. The donor constraints on the funds received and spend are used to further categorize revenues and expenses in the statement of activities.
To solve the question.
1. Comparative Income Statement and working note are attached below.
2. As a percentage of sales, net income has fallen. Other than selling charges, all costs and expenses between 20Y1 and 20Y2 remained roughly the same as a percentage of sales.
However, the percentage of selling expenses to sales has gone up. It appears that the new marketing initiative has been successful.
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Data for the United States show that poverty is not evenly distributed across groups in the population. Which of the following groups has the LOWEST poverty rate? O married couplesO single fathersO single mothersO children
Married couples generally have the lowest poverty rate among the groups you listed. Option A
What is the poverty ratio?Generally, When compared to the other demographics you highlighted, the poverty rate is often the lowest for married couples.
The poverty rate for married couples in the United States was 6.5% in 2019, according to statistics from the United States Census Bureau. However, the poverty rate for single dads, single moms, and children was much higher at 17.8%, 28.8%, and 18.0%, respectively.
It is essential to keep in mind that the numbers shown here are averages and may not always represent the particular experiences of everyone who belongs to these groups.
There are a lot of different things that might play a role in someone falling into poverty, such as their level of education, their work position, their race, and their access to resources and support systems.
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A newly issued bond has a maturity of 10 years and pays a 7% coupon rate (with coupon payments coming once annually). The bond sells at par value. (i) What are the convexity and the duration of the bond? (ii) Find the actual price of the bond assuming that its yield to maturity immediately increase from 7% to 8% (with maturity still 10 years). (iii) What price would be predicted by the duration rule? What is the percentage error of that rule? (iv) What price would be predicted by the duration-with-convexity rule? What is the percentage error of that rule?
A recently issued bond has a 10 year maturity and a 7% coupon rate. Gain expected is equal to (12.30*0.01) plus (0.5*272.9*(0.012)), which equals 13.66%.
What traits distinguish a mature person?Age has no influence on maturity; maturity is decided by how you choose to act and respond to various life experiences.
Price of zero coupon bond at 8%=(1000/(1.08^13.05))=366.29
Price of zero coupon bond at 9%=(1000/(1.09^13.05))=324.78
Price of 6% coupon bond 8%= (60*((1-(1.08^-13.05))/0.08)+(1000/(1.08^13.05))=841.57
Price of 6% coupon bond 9%=(60*((1-(1.09^-13.05))/0.09)+(1000/(1.09^13.05))=774.93
Zero coupon bond
Actual loss =(324.78 - 366.29)/366.29=11.33%
Predicted loss =((-12.08*0.01))+(0.5*157.20*(0.01^2))=11.29%
Price of 6% coupon bond
Actual loss =(774.93-841.57)/841.57=7.92%
Predicted loss = (-12.30*0.01)+(0.5*272.9*(0.01^2))=10.94%
Part B
Price of zero coupon bond at 8%=(1000/(1.08^13.05))=366.29
Price of zero coupon bond at 7%=(1000/(1.07^13.05))=413.56
Price of 6% coupon bond at 8%= (60*((1-(1.08^-13.05))/0.08)+(1000/(1.08^13.05))=841.57
Price of 6% coupon bond at 7%=(60*((1-(1.07^-13.05))/0.07)+(1000/(1.07^13.05))=916.22
Zero coupon bond
Actual gain =(413.56 - 366.29)/366.29=12.91%
Predicted gain =((12.08*0.01))+(0.5*157.20*(0.01^2))=12.87%
Price of 6% coupon bond
Actual gain =(916.22-841.57)/841.57=8.87%
Predicted gain = (12.30*0.01)+(0.5*272.9*(0.01^2))=13.66%
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Marketers can influence the outcome of the evaluation stage of the consumer purchase decision process by:
A. attempting to convince consumers that certain attributes are more important than others in deciding which product to buy from among an array of them.
B. identifying which evaluative criteria are important to the individual, and pointing out which brand best meets those criteria.
C. trying to get the customer to reduce the size of the evoked set to exclude many of the choices.
D. attempting to convince the consumer to spend more than what was budgeted for the purchase to acquire more features they might prefer.
The correct answer is option (B)
which is identifying which evaluative criteria are important to the individual, and pointing out which brand best meets those criteria.
By determining which evaluative factors are significant to the individual and emphasising which brand best fits those criteria, marketers can affect the outcome of the assessment stage of the consumer purchase decision process.
A prospective buyer may stop the process at any point before making the actual purchase once it has begun. The likelihood that someone will go through all six stages of the purchasing process is probably limited to specific circumstances, such as when purchasing a thing for the first time or when purchasing expensive, durable, infrequently used items. Complex decision-making is what is meant by this.
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with approximately 83 percent of design business, is the most commonly practiced interior design specialty
With approximately 83% of design business, office is the most commonly practiced interior design specialty.
What does interior design entails?This refers to art and science of enhancing the interior of a building to achieve a healthier and more aesthetically pleasing environment for the people using the space. An interior designer is the person that plans, researches, coordinates, and manages such enhancement projects.
Further, an interior design is a profession that includes conceptual development, space planning, site inspections, programming, research, communicating with the stakeholders of a project, construction management, and execution of the design.
As well, profession of an interior design has been a consequence of the development of society and the complex architecture that has resulted from the development of industrial processes.
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Which of the following days are counted as personal use days for a dwelling unit? (Check all that apply.)
a. A friend of the taxpayer stays in the home and pays a below market rental rate.
b. The home is available for rent, but is NOT actually rented out.
c. A friend of the taxpayer stays in the home and pays a fair market rental rate.
d. A relative of an owner stays in the home and pays a fair market rental rate.
e. The taxpayer or other owner resides in the unit.
f. A relative of an owner stays in the home for free.
The days are counted as personal use days for a dwelling unit are,
A friend of the taxpayer stays in the home and pays a below market rental rate.A relative of an owner stays in the home and pays a fair market rental rate.The taxpayer or other owner resides in the unit.A relative of an owner stays in the home for free.What is dwelling unit?A housing unit, also known as a dwelling unit, is a building, a portion of a building, or a space that is used by one or more persons who maintain a shared household and use it as their home, place of residence, or sleeping quarters. A habitation, also known as a residence or abode, is a self-contained lodging arrangement used as a home by one or more households. Examples of dwellings include houses, apartments, mobile homes, houseboats, vehicles, and other "substantial" structures. A house is a place where someone lives. Dwellings include condos, apartments, and houses. The definition of residence is not surprising if you are aware that to dwell is to live somewhere:The days are counted as personal use days for a dwelling unit are,
A friend of the taxpayer stays in the home and pays a below market rental rate.A relative of an owner stays in the home and pays a fair market rental rate.The taxpayer or other owner resides in the unit.A relative of an owner stays in the home for free.To learn more about dwelling unit refer to:
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jones corporation reported current assets of $194,000 and current liabilities of $137,500 on its most recent balance sheet. the current assets consisted of $61,400 cash; $42,700 accounts receivable; and $89,900 of inventory. the acid-test (quick) ratio is: multiple choice 1.4 : 1. 0.76 : 1. 0.54 : 1. 1 : 1. 0.65 : 1.
An accounting ratio known as a quick ratio estimates a company's liquidity in terms of how quickly quick assets can reduce the company's current obligations. One to one can be an absolute quick ratio.
What does quick ratio mean?The quick ratio shows how much of a company's most liquid assets can be used to pay its short-term obligations. To put it another way, it measures how much of a company's current liabilities it can cover with cash and how much of its assets it can easily cash out.
Quick assets are equal to current assets, and inventory is equal to $ 192, 000. The acid-test (quick) ratio is now calculated as follows:
Acid-test ratio: Quick assets and current liabilities equal 105, 500, 136, 500, or 0.77:
1 The ratio of the acid test is 0.77:1.
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12. if an asset-price bubble begins to form, assuming the central bank responds, how is it likely to respond, and what will be the effect on the mp curve? mishkin, frederic s. economics of money, banking and financial markets, the (what's new in economics) (p. 512). pearson education. kindle edition.
Raising interest rates is the appropriate response to developing equity or real estate price bubbles.
Although it is never popular, officials must do this if they are to fulfil their responsibility of stabilising the financial and economic system. The culprits behind some of the most disastrous recessions in history are asset price bubbles. Asset bubbles that were followed by severe economic downturns include the stock market bubble of the 1920s, the dot-com boom of the 1990s, and the real estate bubble of the 2000s.
When an asset bubble explodes, it can be extremely disastrous for people and firms who invested too late. Asset price bubbles are comparable to Ponzi or pyramid schemes in this way. When asset bubbles burst, investors' net worth is destroyed, and exposed enterprises fail, potentially igniting a chain reaction of debt deflation and financial panic that can spread to other areas of the economy and produce the recessionary phase of higher unemployment and decreased output.
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