Answer:
Explanation:
Independent action of buyers and sellers is important to achieving perfect competition because it allows for the forces of supply and demand to operate freely in the market. In a perfectly competitive market, there are many buyers and sellers, each acting independently and without any significant market power. This means that no individual buyer or seller can influence the price of the product or service they are buying or selling.
When buyers and sellers act independently, they are responding to market signals and making decisions based on their own self-interest. Buyers are looking for the best quality product or service at the lowest possible price, while sellers are looking to maximize their profits by offering their product or service at the highest possible price that the market will bear.
If buyers or sellers were not able to act independently, there would be distortions in the market, such as monopolies, oligopolies, or price-fixing agreements. In these cases, individual buyers and sellers would not be responding to market signals, and the forces of supply and demand would not be able to operate freely. This would lead to a less efficient market and could result in higher prices for consumers and lower profits for businesses.
Therefore, the ability of buyers and sellers to act independently is a crucial element of a perfectly competitive market. It ensures that the market is efficient, and that prices are determined by supply and demand rather than by the actions of individual buyers or sellers.
Which of the following causes a surplus of a good?
a) a binding price floor.
b) a binding price ceiling.
c) a tax on the good.
d) More than one of the above is correct.
A binding price floor causes a surplus of a good. Thus, option a) is the correct answer.
What is price floor?
A price floor is a restriction on how low a price may be charged for a thing, commodity, service, or by the government or other entity. To be successful, a price floor needs to be greater than the equilibrium price. The price at which economic forces like supply and demand are balanced and, in the absence of outside influences, the (equilibrium) values of economic variables will not change is known as the equilibrium price, also known as the "market price." It is frequently described as the point at which quantity demanded and quantity supplied are equal (in a perfectly competitive market). To prevent particular prices from falling too low, governments utilise price floors.
Minimum wage legislation and supply management in Canadian agriculture are two frequent price floors.
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Lone Star Company received a 90-day, 6% note for $80,000, dated March 12 from a customer on account. (Assume a 360-day year when calculating interest.)Required:a. Determine the due date of the note.b. Determine the maturity value of the note.c. Journalize the entry to record the receipt of the payment of the note at maturity. Refer to the Chart of Accounts for exact wording of account titles. * There should be 3 rows in the Journal.Chart of Accounts ...ASSETS110 Cash111 Petty Cash121 Accounts Receivable-Alan Albertson122 Accounts Receivable-Jim Dobbs123 Accounts Receivable-John Groves124 Accounts Receivable-Jan Lehn125 Accounts Receivable-Jacob Marley126 Accounts Receivable-Mr.Potts127 Accounts Receivable-Chad Thomas128 Accounts Receivable-Andrew Warren129 Allowance for Doubtful Accounts131 Interest Receivable132 Notes Receivable141 Inventory145 Supplies151 Prepaid Insurance181 Land191 Equipment192 Accumulated DepreciationLIABILITIES210 Accounts Payable211 Salaries Payable213 Sales Tax Payable214 Interest Payable215 Notes PayableEQUITY310 Common Stock311 Retained Earnings312 Dividends313 Income Summary REVENUE410 Sales610 Interest RevenueEXPENSES510 Cost of Merchandise Sold520 Salaries Expense521 Advertising Expense522 Depreciation Expense523 Delivery Expense524 Repairs Expense531 Rent Expense533 Insurance Expense534 Supplies Expense536 Credit Card Expense537 Cash Short and Over538 Bad Debt Expense539 Miscellaneous Expense710 Interest Expense
1. The due date of the note is June 10
2. The maturity value of the note is $81,200.
What is the due date of the note?The due date of the note can be calculated as follows:
Given data: 90 days
If we count 90 days after March 12, we will arrive at June 10.
What is the maturity value of the note?The maturity value of the note can be calculated as follows:
Maturity value = Principal + (Principal x Rate x Time) Note: Time is calculated in terms of a 360-day year.
Maturity value = $80,000 + ($80,000 x 0.06 x (90/360))
Maturity value = $80,000 + $1,200
Maturity value = $81,200
What is the Journal entry to record the receipt of the payment of the note at maturity?The entry to record the receipt of the payment of the note at maturity would be:
Date Account titles Debit Credit
Cash $81,200
Notes Receivable $80,000
Interest Revenue $1,200
This entry reflects the fact that Lone Star received the full amount of the note, which includes the principal of $80,000 and interest of $1,200 ($80,000 x 0.06 x (90/360)). The interest revenue is recognized at the time of collection.
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Can you provide an example of a company, product, service, or membership that people purchased at a lower price but later found so valuable that they wanted to keep it for life, even as the price increased significantly, because the value it provided was greater than the selling price (ex. Aairpass)?
Answer:
Explanation:
Yes, one example of a product that fits this question is Amazon Prime. When Amazon first introduced Prime in 2005, it cost $79 per year and provided free two-day shipping on eligible items. Over time, Amazon has added more features to Prime, including access to streaming of movies, TV shows, and music, unlimited photo storage, and free e-book borrowing.
Today, Amazon Prime costs $119 per year, but many people continue to subscribe because they find the value it provides to be worth the price. For frequent online shoppers, the free and fast shipping alone can be worth the cost of the subscription, especially since shipping costs can add up quickly for those who make frequent purchases. Additionally, the added features like streaming and e-book borrowing can provide even more value for those who use them regularly.
Despite the significant increase in price over the years, many customers have continued to renew their Prime memberships year after year because they find the value it provides to be greater than the cost. This demonstrates the power of building a loyal customer base by providing a product or service that provides significant value, even if the price increases over time.
hope this helps
Refer to the table below. If the four suppliers listed are the only suppliers in this market and the market quantity demanded is 500 cases when the price is $5.00, which of the following statements is correct?
Price Quantity Demanded
$0.00 1200
$3.00 900
$6.00 600
$9.00 300
Type or paste question here
The market is in equilibrium if the quantity of apples offered is five dozen and the quantity demanded is four dozen. When demand and supply are equal, the market is in equilibrium.
Which number refers to the quantity of products that manufacturers are willing and able to sell at various prices?The quantity of a product that producers are willing to sell at a particular price at a particular time is known as the quantity supplied. Description: At any given time, various quantities can be offered at various prices.
What is the required quantity?The law of demand, which states that the quantity demanded is always inversely related to the price of the goods, is a fundamental economic principle. To put it another way, as the price rises, demand for the product decreases, and vice versa.
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Which of the following best represents the effects of a decrease in the price of tomato juice, other things being equal?
a. a downward movement along the demand curve for tomato juice
b. a rightward shift in the demand curve for tomato juice
c. an upward movement along the demand curve for tomato juice
d. a leftward shift in the demand curve for tomato juice
The benefits of a decrease in the price of tomato juice are best captured by the downward movement along the demand curve, other things being equal.
What is meant by demand curve?The demand curve is a graphical depiction of the connection between the cost of a commodity or service and the amount demanded over a specific time period. A common representation will have the price on the left-hand vertical axis and the amount needed on the right-hand horizontal axis. The functional connection between the price of a commodity and its demand is explained by the law of demand. The demand curve is the most significant illustration of this relationship. This curve is usually downward sloping because of the inverse relationship between price and demand.Because people purchase more goods at cheaper prices, the demand curve slopes downward. The decreasing slope of the demand curve results from the inverse relationship between price and quantity desired.Therefore, the correct option is a) a downward movement along the demand curve for tomato juice
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Can someone please double check this for me, thank you.
Answer:
good
Explanation:
a. the amount that Hue is required to include in gross for 2021 is $0 since it's all gifts which is right.
b. Dewy required $100,000 in gross for 2021 since that is when he died.
c. For Louie, the gross in 2021 is $0 because he just start receiving the beneficiaries.
A project manager should ask open-ended questions when utilizing which of the following three interpersonal skills?
Negotiating
Empathetic listening
Trust Building
A project manager should ask open-ended questions when utilizing the interpersonal skill of Empathetic Listening. Option B is correct.
What is Empathetic Listening?It is a process to listening to the concerns, needs, and perspectives of others, and responding in a way that shows understanding and validation of their feelings. Asking open-ended questions can help the project manager better understand the thoughts and feelings of team members, stakeholders, and other project stakeholders.
Therefore, the focus of empathetic listening is often on achieving a specific outcome rather than simply understanding the perspectives and feelings of others.
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Mclean Consider an essay most recently assigned to you. Identify the most effective academic purpose for the
assignment.
This essay assignment is most effective for teaching students how to support their arguments with evidence and analysis.
What is essay?An essay is a written composition of moderate length in which a writer expresses an opinion, examines an idea, or presents an argument. Essays are designed to test the student's ability to think and write critically. They can range in length from a few paragraphs to many pages, and can cover any number of topics.
By providing a prompt or topic for the essay, it encourages students to go beyond simply stating their opinion and instead to provide evidence and analysis to support their argument. This type of assignment helps to develop critical thinking and analytical skills, which can be applied to many different areas of life.
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kohana manages the underwriting division of a large financial services provider. for her work unit, kohana selected five key goals that she identified as being results-oriented and
Kohana manages the underwriting division of a large financial services provider. for her work unit, kohana selected five key goals that she identified as being results-oriented and supporting the organization's vision.
What does it mean to be result oriented?Being result-oriented means focusing on achieving specific outcomes or goals rather than just completing tasks or activities. It involves setting clear and measurable objectives, developing action plans to achieve those objectives, and regularly evaluating progress towards the desired outcomes.
Result-oriented individuals or organizations prioritize achieving tangible results and are willing to adapt their strategies or tactics to achieve their goals.
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let's consider some differences between providing services and manufacturing goods. select the three statements from the following list that are true. group of answer choices there is less customer contact in service provision than goods manufacture goods manufacture tends to use more labor than service provision it's typically harder to measure productivity in the manufacture of goods than the provision of services outputs from the manufacture of goods tend to be more uniform than those from the provision of services it's typically harder to correct quality problems when providing services than manufacturing goods inputs are more uniform in goods manufacture than in service provision
Goods manufacture tends to use more labor than service provision, Inputs are more uniform in goods manufacture than in service provision statements from the following list are true.
What are differences between providing services and manufacturing goods?
Services are ephemeral, intangible goods that are frequently ideas, concepts, or information. Produce that can be made, stored, and delivered in preparation of future need is referred to as manufactured products. Service cannot be created. The majority of consumers of produced goods have little or no interaction with the producing process. Services are less transferable than products, therefore some businesses focus only on selling used goods. As commodities are physical objects, depending on the terms of the purchase agreement, you can frequently return or exchange them. While it is occasionally possible to request a refund after making a service purchase but before to receiving it, once you have used a service, it cannot be returned.
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which of the following are examples of what can function as the first stage in rational decision making by managers?
Bad product quality, revenue declines, and customer complaints are a few instances of what can serve as the starting point for managers to make sensible decisions.
What is a revenue?The entire income from sales of goods and services that are directly connected to a company's primary business operations is referred to as revenue in the context of accounting. Sales or turnover are other terms for commercial revenue. Several firms derive their money through interest, royalties, and other charges.
In the sentence "Last year, Business X had revenue of $42 million," "revenue" can refer to income in general or the total amount earned over a certain period of time, represented in a unit of currency. Profits or net income are sometimes defined as total revenue minus total expenses for a certain time frame.
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Which of the following events would cause a movement downward and to the left along the supply curve for kiwis? The price of kiwis falls.
The events would cause a movement downward and to the left, along the supply curve for kiwis The price of kiwis falls. Thus the correct option is D.
What is the supply curve?A representation of the association between a shift in the price of a product or service and the quantity that a seller supply is called a supply curve. It indicates that if the price rises the quantity will be decrease of any product.
The declining trend is a reminder of how supply regularly rises when the cost of production decrease. As prices rise, all consumers will desire fewer due to the downward-sloping nature of the market demand.
Therefore, option D is appropriate.
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The complete question is Probably
Which of the following events would cause a movement downward and to the left along the supply curve for kiwis?
a.
The number of sellers of kiwis decreases.
b.
There is a destruction of technological machinery that increases the cost of producing kiwis.
c.
The price of soil increases, and soil is an input in the production of kiwis .
d.
The price of kiwis falls.
true/false. the natural state of a market where network effects are present is for there to be intense competition between several rivals that come to an equalibrium where their respective market shares are roughly identical.
The statement the natural state of a market where network effects are present is for there to be intense competition between several rivals that come to an equilibrium where their respective market shares are roughly identical is: False.
What is the natural state of a market?The natural state of a market where network effects are present is for there to be a winner-takes-all dynamic, in which one company gains a significant advantage and dominates the market. This is because network effects create a self-reinforcing cycle in which the value of a product or service increases as more people use it, making it more attractive to new users and further increasing its dominance.
As a result, it is difficult for new entrants to compete and gain market share, leading to a market with one dominant player rather than several rivals with roughly identical market shares.
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visit a local specialty retail store (e.g., sporting goods, cooking products, electronics) or look in your own kitchen/pantry and identify a generic product or commodity that might be "de-commoditized" and dif- ferentiated through innovation.
A commodity that might be de-commoditized and differentiated is cool max. This cool max is all-season technology which keeps the body warmer in winter and keeps the body cooler in summer.
How coolmax might be de-commoditized through innovation?Cool max is all-season technology which keeps the body warmer in winter and keeps the body cooler in summer. This helps the store to differentiate its offering from its competitors and it will also help in attracting more audience towards the product. So this is also a sort of innovation which has de-commoditized products.
Thus cool max might be de-commoditized through innovation.
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The _____ holds that just as charity is a good thing and something that should be encouraged, business should be encouraged to contribute to society in ways that go beyond the narrow obligations of law and economics. What model of CSR reflects this line of thought?
According to the Philanthropic model, just as charity is a good thing that should be encouraged, businesses should also be encouraged to make contributions to society that go beyond what is required by law and economics.
Which four kinds of social responsibility exist?There are generally four types of CSR: responsibility for the environment, responsibility for ethics and human rights, philanthropic responsibility, and economic responsibility.
What is corporate giving that supports a favorable business environment?A company's efforts to make a positive impact on society are referred to as "corporate social responsibility," or CSR. Spending money on charities or enforcing environmentally friendly workplace policies are examples of these efforts.
What is the social responsibility principle of charity?The charity principle states that the world's wealthiest individuals should assist the less fortunate. Stewardship Principle: Managers have a responsibility to ensure that society benefits from their actions.
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suppose bus ridership in sacramento rose by 10 percent after a fare decrease of 50 cents to $2.00. using the midpoint method, what is an estimate of the absolute value of the price elasticity of demand for bus rides? 0.62 1.14 0.96 correct! 0.45
For individual consumption, the demand for bus rides has a cross elasticity of demand with respect to gasoline of 0.2, an income elasticity of demand of -0.1, and a price elasticity of demand of 0.5.
What is price elasticity?Price elasticity evaluates how responsively demand or supply for a good is to a change in price. It is calculated by dividing the percentage change in the quantity that is required (or delivered) by the percentage change in the price.The amount of a product's demand has increased 15% in response to a 10% price reduction if the price elasticity is equal to 1.5. Demand is essentially inelastic at a -0.5 income elasticity. When a product must be purchased regardless of price, this occurs.When the price elasticity of supply is equal to 4, it signifies that a 1% rise in the price of goods has resulted in a 4% increase in the quantity supplied.To learn more about price elasticity, refer to:
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manufacturing overhead consists of blank . multiple choice question. a. a single kind of direct b. cost many different kinds of direct c. costs many different kinds of indirect d. costs a single kind of indirect cost
Depreciation of machinery, wages paid to factory workers, and power used to run the machinery are common examples of manufacturing overhead expenditures.
What are the manufacturing overhead expenses?
Some examples of manufacturing overhead costs include depreciation of equipment, wages paid to factory personnel, and electricity used to operate the equipment.
Rent for the production facility is an example of an overhead cost in manufacturing. taxes on real estate, insurance for buildings and equipment, and facilities for production. Computers and communication tools for a commercial space.
Do production-related direct costs show up in overhead?
Manufacturing overhead, also known as factory overhead or production overhead, refers to any expenses related to a company's operations that are not directly related to direct materials and labor/payroll. Because it doesn't include direct labor or material costs, manufacturing overhead is occasionally referred to as an indirect cost.
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Which of the following scenarios might occur after anticipating bad debt by setting up an Allowance for Doubtful Accounts?
Select one:
a. A customer is unable to pay the debt.
b. The customer informs the company to expect payment and pays the outstanding amount.
c. The customer is unable to pay the debt when it is due, but will be able to pay it in the future.
d. All the available choices
The correct answer is (c) The customer is unable to pay the debt when it is due, but will be able to pay it in the future.
What is debt?An responsibility to pay money or another agreed-upon value to a third party, the creditor, exists when one party, the debtor, does so.
A deferred payment or series of payments, as opposed to an outright purchase, constitute an obligation.
Debts may be owed by a municipality, a corporation, a sovereign state or country, or an individual.
Contractual provisions governing the amount and timing of principle and interest repayments typically apply to commercial debt. Liabilities include loans, bonds, and mortgages, among others.
Liabilities, as opposed to equity, are a form of financial transaction in financial accounting. There are three primary ways to repay loans: At loan maturity, the entire principal amount may be paid.
The entire principal sum may be amortised over the loan's term. Partially amortising the debt over the period is an option.
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_____trade is the economic policy of not discriminating against exports to or imports from foreign countries. multiple choice question. a. restricted b. balanced c. fair
d. free
Free trade is the economic policy of not discriminating against exports to or imports from foreign countries. Thus the correct option is D.
What is Trade?The term "trade" refers to the exchange of goods and services for cash in order to carry out an economic transaction. Trade that crosses international borders is referred to as international trade.
Free trade is a form of economic policy that does not impose import or export restrictions, lowers trade restrictions between nations by wanting to get rid of all or most tariffs, quotas, subsidies, and bans, and strengthens regulations governing things like intellectual property and e-commerce.
Therefore, the option D is appropriate.
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Consider the hypothetical economies of Thalassa and Pelheim, both of which produce cases of argo using only workers and tools. Suppose that, during the course of 25 years, the level of physical capital per worker rises by 4 tools per worker in each economy, but the size of each labor force remains the same. Complete the following tables by entering productivity (in terms of output per worker) for each economy in 2018 and 2043. Initially, the number of tools per worker was higher in Thalassa than in Pelheim. From 2018 to 2043, capital per worker rises by 4 units in each country. The 4-unit change in capital per worker causes productivity in Thalassa to rise by a amount than productivity in Pelheim. This
Pelheim increases from 30 to 54 crates which is an increase of 24 crates or 80%.
The productivity in Thalassa increases from 60 to 72 crates per worker which is an increase of 12 crates per worker or 20%.
What is Productivity?Productivity is basically the average product of labor and this can be computed by dividing the total product or output with the available labor units.
Thalassa: In this economy, 2023 has a productivity of 3600/60 = 60 crates per worker
In 2043, this changes to 4320/60= 72 crates per worker
Pelheim: In this economy, 2023 has a productivity of 1800/60 = 30 crates per worker.
In 2043, this changes to 3240/60= 54 crates per worker
Note that the productivity in Thalassa increases from 60 to 72 crates per worker which is an increase of 12 crates per worker or 20%.
The same in Pelheim increases from 30 to 54 crates which is an increase of 24 crates or 80%.
This shows that the 5-unit change in capital per worker causes the productivity in Thalassa to increase by a smaller amount than in Pelheim.
The explanation for step 2
This is the catch-up effect. This is the process of how low-income countries can catch up with high-income countries by raising their productivity.
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using the pie chart in your reading, what percentage of our total tax dollars (the whole pie chart), is used to fund the social security and medicare programs
In the year 2020, the federal government will have spent a total of $1.869 trillion on Social Security and Medicare.
What are Social Security and Medicare?Federal authorities oversee the Social Security program. The program makes payments to qualified persons out of taxes placed in a trust fund. A government-run health insurance program called Medicare is available to anyone 65 and older as well as some people under 65 who have certain illnesses or impairments.
Step 1 -
The total of Medicare and Social Security Spend is calculated as:
Medicare +Social Security = $ 769,000,000,000+ $ 1,100,000,000,000
Total = $ 1,869,000,000,000 or $1.869 Trillion
Step 2 -
Compute the percentage of the Medicare and Social Security spending as a percentage of the total spend.
Total Spend = $6.6 Trillion (or $6,600,000,000,000)
Hence the percentage spent on Social Security and Medicare of the total is:
Formula = (Value / Total) x 100%
Therefore:
($1.869 Trilion/$6.6 Trillion) x 100%
or ($ 1,869,000,000,000/$6,600,000,000,000) x 100%
= 0.28318181818 X 100%
The percentage spent on Social Security and Medicare of the total is = 28.32% of the Total Spending.
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Cindy Jo's Hair Salon is concerned about its rising costs of supplies, energy, and labor, so it is considering investing in better equipment, which hopefully will reduce the time required to perform most hairstyles as well as result in better perceived quality by its customers. It predicts that the added investment will increase output levels as well as reduce energy costs, since some of the new equipment (hair dryers) use less electricity.
This is an example of a business considering an investment in capital goods, specifically better equipment for the salon. By investing in new equipment, the salon hopes to reduce the time required to perform most hairstyles and improve the perceived quality of service, which could lead to increased customer satisfaction and loyalty.
What exactly does the term "investment" mean?In finance, investment refers to the purchase of an asset or item with the expectation that it will generate income or appreciate in value over time. The primary goal of investment is to put money to work in order to grow it. Investments can be made in various forms, such as stocks, bonds, real estate, or business ownership, and they carry varying levels of risk and potential return. The decision to invest is typically based on factors such as the investor's financial goals, risk tolerance, and the performance of the investment over time.
An example of an investment is purchasing stocks in a company. When someone buys stocks, they are buying a portion of ownership in the company, and if the company does well, the value of the stocks may increase, allowing the investor to sell them for a profit. Other examples of investments include buying real estate, investing in a mutual fund, or investing in a small business.
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The accounting department of a large limousine company is analyzing the costs of its services. The cost data and level of activity for the past 16 months follow:
Month Special Customer Paychecks Accounting . Analyses Accounts Processed Service Costs 1 2 325 1,029 $ 63,800
2 4 310 993 68,900
3 2 302 1,268 64,000
4 1 213 1,028 61,300
5 2 222 984 61,600
6 0 214 712 50,800
7 1 131 762 51,020
8 1 123 739 54,300
9 0 115 708 50,500
10 2 296 1,232 64,800
11 2 213 978 58,000
12 1 222 929 57,500
13 2 217 1,059 62,200
14 2 132 942 54,900
15 4 300 1,299 71,530
16 4 315 1,283 64,800
Totals 30 3,650 15,945 $959,950
Page 199
In addition to the information on the previous page, you learn that the accounting department had the following total costs for the past 16 months for each of the following:
Total cost of paychecks processed $180,100
Total cost of maintaining customer accounts 109,600
Total cost of performing special analyses 120,000
Total fixed costs (total for 16 months) 550,250
Total costs $959,950
Required
What is the cost per unit for (1) paychecks processed, (2) customer accounts maintained, and (3) special analyses performed?
Assuming the following level of cost-driver volumes for a month, what are the accounting department’s estimated costs of doing business using the account analysis approach?
1,000 paychecks processed
200 customer accounts maintained
3 special analyses
Add up all of your variable and fixed costs, then divide that total by the number of units you produced during that time period to determine the cost per unit.
What is Estimated cost?The cost that will be incurred to create a product or construct something is projected as an estimated cost.
One of the most important metrics of cost for a company's operation is its cost per unit, which aids in measuring the expense incurred to manufacture or produce one unit of the product. All sorts of fixed costs and variable costs related to the company's service or product manufacturing are included in this accounting metric. It is computed by summing all the product's fixed costs, or expenses that remain constant regardless of changes in the value of the goods or services produced, and all the product's variable costs.
Therefore, add all variable and fixed costs, then divide that total by the number of units you produced during that time period to determine the cost per unit.
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data in a form of a series of letters, numbers, and other characters whose combined meaning does not depend upon a prespecified format or definition of individual items is called
Data in a form of a series of letters, numbers, and other characters whose combined meaning does not depend upon a prespecified format or definition of individual items is called unstructured data.
What is unstructured vs structured data?
Structured data is very specific and is kept in a set format, whereas unstructured data is a collection of many different forms of data that are kept in their original formats. Thus, structured data benefits from schema-on-write whereas unstructured data uses schema-on-read.
Datasets (often enormous collections of files) that aren't stored in a structured database format are simply referred to as unstructured. Although it is not established by data models, unstructured data does have an inherent structure. It could be created manually or automatically, in a textual or non-textual format.
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A buyer purchased a parcel of land and immediately sold the mineral rights to an oil company. The buyer gave up which of the following?
A. Air rights
B. surface rights
C. subsurface rights
D. occupancy rights
A buyer purchased a parcel of land and immediately sold the mineral rights to an oil company. The buyer gave up subsurface rights. Option (c) is correct.
What are subsurface rights?Subsurface rights refer to the minerals, oil, and gas which are found beneath the land’s surface. The owner of the subsurface estate has the right to extract these resources.
Surface rights grant owners the legal right to use everything above the land within the property boundaries. This can also include the immediate airspace of that area. These rights can be separated and conveyed independently of each other. Surface rights cover structures like fences, buildings, trees, plants, and access to water.
Therefore, Option (c) is correct.
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suppose the owners of the bank borrow $100 to supplement their existing reserves. this would increase the reserves account andincrease thedebt account. this would also bring the leverage ratio from its initial value of14.00 to a new value of14.80 . which of the following do bankers consider when deciding how to allocate their assets? check all that apply.
A, B, C, and D. Bankers consider all of these factors when deciding how to allocate their assets.
What is Banker?A Banker is a professional who works in the financial services industry and provides services such as banking, lending, investments, and financial advice. Bankers typically work in a bank or other financial institution such as a credit union, investment firm, or insurance company.
Risk tolerance is the degree to which a bank is willing to take on risk in order to achieve a desired return. Investment returns are the amount of money that a bank expects to earn from its investments. Interest rate risk is the risk that changes in the interest rate will adversely affect the value of investments. Liquidity needs refer to the amount of cash a bank needs to have on hand to meet its financial obligations.
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Complete Question:
suppose the owners of the bank borrow $100 to supplement their existing reserves. this would increase the reserves account andincrease thedebt account. this would also bring the leverage ratio from its initial value of14.00 to a new value of14.80 . which of the following do bankers consider when deciding how to allocate their assets? check all that apply.
a. Risk tolerance
b. Investment returns
c. Interest rate risk
d. Liquidity needs
Explain the current economic measures (from fiscal or monetary policy) in South Africa using macroeconomic models like IS-PC-MR model, WS- PS model, AD-ERU-BT model, RX model, IS-PC-PR model or combination of them at least three models as stated.
Macroeconomic models can be used to analyze the impact of different economic measures, such as monetary and fiscal policies, on the South African economy. By using these models, policymakers can better understand how different policy measures may impact the economy and make more informed decisions.
How is macroeconomics used in real life?Consumers want to know how simple it will be to find a job, how much it will cost to buy products and services on the market, or how much it may cost to borrow money. Macroeconomists attempt to anticipate economic conditions to assist consumers, businesses, and governments in making better decisions.
The IS-PC-MR model (Investment Saving-Price Level- Monetarist Rule) is a macroeconomic model that shows the relationship between the real output of an economy, the price level, and the interest rate.
The WS-PS model (Wage-Setting-Price-Setting) is a macroeconomic model that examines the relationship between wages, prices, and employment. It shows how changes in wages and prices affect the level of employment in an economy.
The AD-ERU-BT model (Aggregate Demand-Exchange Rate-Unemployment and Balance of Trade) is a macroeconomic model that shows the relationship between aggregate demand, exchange rates, unemployment, and balance of trade.
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The figure to the right shows the market for tiger shrimp. The market is initially in equilibrium at a price of $15 and a quantity of 80. Now suppose producers decide to cut output to 40 in order to raise the price to $18. What is the value of consumer surplus at the equilibrium price of $15?
A. $60 B. $120 C. $180 D. $240
This area is a triangle with a base of 80 and a height of $15, so the area is $240.
What is area?Area is a mathematical concept that describes the size of a two-dimensional surface. It is measured in units of length squared, such as square metres (m2) or square feet (ft2). Area can also refer to the total surface area of a 3-dimensional object, such as a cube or a sphere. When discussing area, we are typically talking about the area of a flat surface such as a floor, a wall, or a piece of paper.
The value of consumer surplus at the equilibrium price of $15 is the area under the demand curve, but above the price line. This area is a triangle with a base of 80 and a height of $15, so the area is 80 x $15/2 = $240. Therefore, the answer is D. $240.
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After the revenue and expense accounts of R. Gill Quick Delivery Co. are closed, the Income Summary account has a debit entry of $14,000, and a credit entry of $11,000. The journal entry to close income summary includes which of the following entries:
debit to R. Gill, Capital for $3,000
credit to income summary for $3,000
All the given options are applied. The correct answer is:
Debit to R. Gill, Capital for $3,000
Credit to Income Summary for $3,000
How did we arrive at this assertion?Based on the information provided, the revenue exceeded expenses, resulting in a net income of $3,000 ($14,000 - $11,000).
To close the Income Summary account and transfer the net income to the owner's equity account, R. Gill, Capital, the following entry should be recorded:
Debit R. Gill, Capital for $3,000
Credit Income Summary for $3,000
Therefore, the correct answer is:
Debit to R. Gill, Capital for $3,000
Credit to Income Summary for $3,000
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you have $500,000 available to invest. the risk-free rate as well as your borrowing rate is 8%. the return on a risky asset is 16%. if you wish to earn a 22% return, you should . [hint: the risk-free rate as well as your borrowing rate is 8%. it means that you are able to borrow additional money at risk-free rate, and then use the money to purchase risky assets. this is a case similar to buying on margin. ] question 8 options: a) invest $125,000 in the risk-free
The correct answer is (d) borrow $375,000. Investment means to commit (money) in order to earn a financial return.
What is investment?An asset or thing bought for income or capital growth is an investment. The term "valuation" describes how an asset's worth increases over time.
When a person buys a good as an investment, they do not intend to utilise it for immediate consumption, but rather to use it to build wealth in the future.
Investment usually entails using resources like time, effort, money, or assets now in the anticipation of a future return that will be higher than the initial investment.
As an illustration, an investor might purchase a financial asset today with the expectation that it would generate income down the road or be resold for a profit at a higher price.
In general, any action taken in anticipation of future earnings can also be considered an investment.
For example, when people decide to pursue additional education, the goal is often to increase their knowledge and improve their skills.
The upfront investment in time attending classes and paying for tuition is expected to translate into higher earnings later in a student's career.
Investing always involves some risk as it is based on future growth and income potential. An investment may not generate income or even depreciate in value over time.
For example, the company you invested in may go bankrupt. Alternatively, the degree you are investing time and money into may not result in a strong job market in that field.
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