The effects of the following actions on equilibrium income will be that increase in equilibrium income will be by $50 and $40 billion.
The AD curve changes to the right as a result of an increase in government spending, raising the amount of equilibrium income.
Change in income = change in Govt. Spending/ 1- MPC
= $10 billion/1 - 0.8 = $50 billion
Thus, a $10 billion increase in government spending results in a $50 billion increase in equilibrium income.
A tax cut also causes the AD curve to slant to the right and raise income equilibrium.
Change in income = MPC (change in taxes)/1 - MPC = 0.8($10bn)/1- 0.8 = $40 billion
Thus, equilibrium income increases by $40 billion.
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a company's mission statement typically addresses who are we and what do we do? what objectives and level of performance do we want to achieve? where are we going and what should our strategy be? what approach should we take to achieve sustainable competitive advantage? what business model should we employ to achieve our objectives and our vision?
A company's mission statement typically addresses the question of Who are we and what do we do.
A company's mission statement is its reason for existing. It is the guiding force behind all of the company's decisions and actions. The mission statement should be a clear and concise statement of the company's purpose.
The statement should be easy for everyone in the company to understand and remember. The mission statement should be aspirational, yet achievable. It should inspire employees and customers alike.
Hence, the correct option is (A).
The question is incomplete, the complete question is:
A company's mission statement typically addresses which of the following questions?
A. Who are we and what do we do?
B. What objectives and level of performance do we want to achieve?
C. Where are we going and what should our strategy be?
D. What approach should we take to achieve sustainable competitive advantage?
E. What business model should we employ to achieve our objectives and our vision?
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sadie received $60,000 of compensation from her employer and she received $500 of interest from a corporate bond. what is the amount of sadie's gross income from these items? a) $0 b) $500 c) $60,000 d) $60,500
According to the given information, the amount of sadie's gross income from these items is $ 60,500.
Amount received from the employer as compensation = $ 60,600
Interest received from the corporate bond = $ 500 is not a salaey
income, this is an investment income
So Salary income = $ 60,500
An individual's total earnings before taxes or other deductions are referred to as their gross income, or gross pay when it appears on a paycheck. This covers all sources of income, not just employment-related income, and is not restricted to income received in cash; it also covers property or services received.Gross income, gross margin, and gross profit are all synonyms for businesses. The revenue from all sources less the company's cost of goods sold equals a company's gross income, which can be found on the income statement.Learn more about Gross income, here
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should iris challenge mike on this issue, or should she leave that subject alone? is she ethically obligated to raise this issue with higher management?
Iris and Mike are both talking about how to raise productivity while also cutting costs.
Iris has nevertheless identified a flaw in this concept. She should first discuss this with Mike in order to emphasize the fact that, despite potential cost savings, higher-quality IT services will be provided. The major goal should be to increase the company's revenue by reducing other costs while also maintaining the required level of quality in accordance with industry standards. In terms of ethics, it's not required to bring up a problem, but if you want the firm to view you favorably, you should talk to upper management about it so they can come to a conclusion.
(Completed question)
Suppose Iris discovers an element of the IT strategic plan stating that IT will reduce costs by implementing a specific new technology. Suppose also that Iris knows that technology has not been shown to reduce costs even though it does improve the quality of IT services. Should Iris challenge Mike on this issue, or should she leave that subject alone? Is she ethically obligated to raise this issue with higher management?
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the balance in accounts receivable at the beginning of the year amounted to $2,960. during the year, $9,800 of credit sales were made to customers. if the ending balance in accounts receivable amounted to $1,960, and uncollectible accounts expense amounted to $820, what is the amount of cash inflow from customers that would appear in the operating activities section of the cash flow statement? multiple choice $9,980 incorrect $9,800 $12,760 none of these answers are correct.
$9980 is the amount of cash inflow from customers that would appear in the operating activities section of the cash flow statement.
Sales Revenue + Beginning Accounts receivable = Total Receivable
Total Receivables - (Ending Accounts receivable + Uncollectable account) = Total cash collected from Accounts receivables
You can do it this way:
Add up sales and beginning receivables which will give you total receivables. then add up ending receivables and uncollectible account and reduce it from total receivables computed earlierUltimately it will give you Total cash collected from Accounts receivables.
Sales Revenue + Beginning Accounts receivable will give you the total Receivable.
$9,800+ $2,960= $12,760
Total Receivables - (Ending Accounts receivable + Uncollectible account) = Total cash collected from Accounts receivables.
$12,760-( $1,960+ $820)= $9980
$9980 is the total cash collected from Accounts receivables.
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monopolists attempt to capture consumer surplus in the form of profits by using price discrimination. true false
in the context of the job analysis process, reviewing drafts of job descriptions with managers and employees is a subtask of
Reviewing draft job descriptions is a subtask of developing job descriptions and job specifications.
Job analysis is the process of analyzing a job to determine the activities and responsibilities in the job along with the required qualifications and their relationship with other jobs. Job analysis is carried out so that work can be carried out effectively and optimally. So that the quality and productivity of employees will be qualified.
Job description describes the roles, activities, duties and responsibilities of the job while specification represents the skills required to do the job. By doing the development of the job description and specification, it will be known to what extent the roles and responsibilities of the tasks that must be carried out. It will also provide job-related specifications such as setting realistic performance measurement standards.
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which best insurance companies great western casualty in nebraska or trisura commercial liability insurance in oklahoma
Of the nine major auto insurance providers in our annual study, USAA, Geico, and State Farm consistently have the lowest annual rates for the driver groups we examined.
Insurance is a means of safety from economic loss wherein, in exchange for a fee, a celebration agrees to guarantee some other party repayment in the event of a sure loss, harm, or harm. It's miles the shape of threat management, usually used to hedge in opposition to the threat of a contingent or uncertain loss. An entity that offers insurance is known as an insurer, insurance organization, insurance service, or underwriter. Someone or entity who buys coverage is referred to as a policyholder, even as a person or entity covered underneath the policy is referred to as an insured. Policyholder and insured are often used as but are not necessarily synonyms, as coverage can occasionally make bigger to extra insureds who did no longer purchase the coverage.
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3. tri-coat paints has a current market value of $36 per share with earnings of $2.48. what is the present value of its growth opportunities (pvgo) if the required return is 7%?
The Present Value of its Growth Opportunities (PVGO) is $0.57.
Given in the Question:
Price per share = $36
Earnings = $2.48
Required rate of return = 7%
The formula for computation of the present value of growth opportunities (PVGO) is given below:
= Price per share - (Earnings ÷ required rate of return)
= $36 - ($2.48 ÷ 7%)
= $36 - $35.43
= $0.57
hence, the present value of its growth opportunities (PVGO) is $0.57.
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the rate of return that financial investors require to hold a risky asset minus the rate of return on a safe asset is called the: multiple choice real interest rate. nominal interest rate. risk premium. discount rate.
The rate of return that financial investors require to hold a risky asset minus the rate of return on a safe asset is called the Option(c) risk premium.
What is risk premium?Risk premiums are higher rates of return you can expect to earn from riskier assets such as stocks as opposed to government bonds.
Investing involves a risk, or chance, that your investment will underperform and lose money. There are many reasons why share prices might fall dramatically, such as mismanagement by the issuer, poor financial performance, or market conditions in general.
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marguerite wants to sell her motorcycle, and ryan is looking for a used motorcycle to buy. ryan takes it for a test drive. marguerite knows that the clutch is going out on her motorcycle, the fuel filter is leaking, and the tires will need to be replaced soon. if she does not disclose this information to ryan and he cannot tell from his test drive, this is an example of an external cost. a public good. an external benefit. asymmetric information.
If Marguerite does not disclose this information to Ryan and he cannot tell from his test drive, this is an example of asymmetric information.
When one party to an economic transaction has more in-depth knowledge of the relevant facts than the other, this is known as asymmetric information, also known as "information failure." This typically occurs when the buyer and seller of a good or service have different levels of knowledge, though the dynamic can also be reversed. Information asymmetries are a common occurrence in economic transactions.
Asymmetric information exists in some transactions involving a seller and a buyer, allowing one party to take advantage of the other. Typically, when an item is sold, this is the case. For instance, a homeowner selling their home would be more knowledgeable about it than the prospective buyer.
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after personal savings, the next largest source of capital for entrepreneurs is from after personal savings, the next largest source of capital for entrepreneurs is from state and local governments. friends and family. the small business administration. large multinational banks.
Friends and family are the next largest source of capital for entrepreneurs in times of lack of finance.
Who is an entrepreneur?An entrepreneur is a person who starts a new venture, by taking the most risks and waiting for the reward i.e., profit. Entrepreneurs are generally seen as innovators, sources of new ideas, products, services, and businesses/processes.Entrepreneurs play a vital role in any economy, using the necessary skills and initiative to anticipate needs and bring great new ideas to market. Successful entrepreneurs who take the risk of starting a startup are rewarded with opportunities for profit, prestige, and continued growth. A person who takes the risk of starting a new business is known as an entrepreneur.An entrepreneur starts a business to realize his idea of combining capital and labor to produce goods and services for profit, known as entrepreneurship.Entrepreneurship is extremely dangerous but highly rewarding as it helps create economic prosperity, growth, and innovation.To know more about entrepreneurs refer to
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lucas works in advertising and is presenting his idea for a new ad campaign to a client. he uses bright visuals and exciting language to help his client picture how the campaign will look and what it intends to convey to consumers. which type of informative presentation is lucas giving? demonstration explanation description report
Lucas works in advertising and is presenting his idea for a new ad campaign. He uses bright visuals and exciting language to picture how the campaign will look and what it intends to convey to consumers. Lucas is giving description type of informative presentation.
An advertising campaign is a series of advertisements that are designed to promote a product, service, or cause. The ads may be run on television, radio, the Internet, or in picture, and they may be created by an advertising agency or by the company itself.
An effective advertising campaign can generate a large amount of interest and can be a great way to increase sales.
Hence, the correct option is "Third".
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which one of the following is among the most important elements of the lean manufacturing philosophy? which one of the following is among the most important elements of the lean manufacturing philosophy? large inventories and large batch sizes fully automated assembly lines and a large supplier base waste reduction and continuous improvement quality inspections and a standardized product line
The most important elements of the lean manufacturing philosophy is waste reduction and continuous improvement.
What is the core philosophy of lean manufacturing?To continuously improve a process, eliminating waste is the central tenet of lean manufacturing.Lean manufacturing sustainably provides value to the client by reducing waste to deliver process improvements. Lean is a business strategy that focuses on removing preconceptions and beliefs about products from the organization in order to create value for consumers.To attain optimum efficiency, you develop the most customer-centric business model or product through ongoing market testing and consumer insights. Lean manufacturing aims to simplify the task so that it is easy to comprehend, carry out, and manage.Zero waiting time, zero inventory, internal customer pull rather than push, smaller batch sizes, and shorter process durations are the basic tenets of lean manufacturing.
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the turkish lira lost about 40 percent of its value against the u.s. dollar in the first part of 2018. which type of exchange rate system does turkey follow?
Turkey follows a floating exchange rate system.
A floating exchange rate mechanism is used in Turkey.
A currency system, also referred to as an exchange rate system, describes how the native currency's value is determined in respect to other currencies. A nation's economic plan must carefully consider the choice of its monetary system.
A country's currency's value is decided by the foreign exchange market based on supply and demand in relation to other currencies when it has a floating exchange rate. In contrast, a fixed exchange rate is one where the government controls the rate completely or substantially.
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suppose that angela spends all of her income on two goods, pizza and soda. if the price of pizza falls then:
Minor Utility means the utility or fulfillment got by spending an extra dollar on another unti of a singular decent. The marginal utility/price ratio changes when the price of two goods changes.
Let's say angela spends her entire income on two items: pizza and books about fiction B. The current marginal utility per dollar spent on pizza will decrease if the price of pizza goes up. The marginal utility will change as the price goes up.
What is an illustration of marginal utility?A consumer's enjoyment from each additional unit of consumption is called marginal utility. It determines the utility beyond the initial consumption of the product. The marginal utility is the utility gained from purchasing a second bottle of water after purchasing a first one.
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Full Question - Suppose that angela spends all of her income on two goods: pizza and fiction novels. If the price of pizza rises, then
A. The current marginal utility per dollar spent on pizza will rise
B. The current marginal utility per dollar spent on pizza will fall
C. The current marginal utility per dollar spent on fiction novels will rise
D. The current marginal utility per dollar spent on fiction novels will fall
a home mortgage extends for 20 years at 8 percent interest compounded monthly. the payments are also made monthly. after how many months will half of the principal be paid off?
After 164 months, half of principal will be paid off on a home mortgage that extends for 20 years at 8 percent interest compounded monthly.
What is mortgage?A mortgage is a loan given by a bank or another financial organization to assist a borrower in buying a home. The actual house is used as security for the mortgage. In other words, if the borrower stops making regular loan payments and fails, the lender may sell the house to recuperate its losses.
A 30-, 20-, or 15-year mortgage loan is a common example of a long-term debt. You'll pay back both the amount you borrowed and the interest incurred on the loan within this time period (known as the loan's "term"). People borrow money to buy homes using mortgages as collateral. A bank or other lender will be your partner in obtaining a mortgage.
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one month, teacher's helper produced 18 instructional modules. what was the average fixed cost for that month?
$60 was the average fixed cost for that month.
AFC = FC/Q. Now we have Q = 18 and FC = 1080. So AFC = 1080/18 = 60
Hence the correct choice is A. AFC = $60 for Q = 18.
In enterprise and accounting, the price is the economic fee that has been spent by an enterprise with a view to producing something. In an enterprise, price expresses the quantity of money that is spent on the production or introduction of a very good or service. cost does no longer include a markup for income.
There are forms of charges, constant and variable. fixed and variable costs affect the business in specific methods but each is vital in making the enterprise worthwhile.
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osh was sued by his former business partner. he lost the case and has to pay his former partner $10,000. he has not yet done so and is refusing to do so. josh is applying for a mortgage for a new home. should he be worried about the lawsuit impacting his mortgage application
Absolutely, this kind of information is contained in one's credit report.
This term has credit meanings in the economic international, but credit score is usually described as an agreement settlement in which a borrower receives an amount of money or something of value and repays the lender at a later date, typically with the hobby.
For instance, when a person makes use of a Visa card to buy something, the card is taken into consideration as a form of credit score because the person consents to pay the financial institution back later. credit can be given in the form of cash and other approaches. it's far feasible to change goods and services for a deferred charge, a specific form of credit.
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Tax preparation software can help prepare and file your
taxes by
Charge programming helps you plan and record your personal government forms quicker and more effectively than finishing up paper structures.
It calculates how much you owe and how much the government owes you, keeps things organized, and provides step-by-step instructions.
What is an example of software for preparing taxes online?
You can start your return online with either TurboTax or H&R Block's online service, and a tax professional will review your information and file on your behalf. In addition to the standard software fee and an additional $40 to $50 per state, these services are about the same price as hiring your own tax preparer.
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home security experts, inc., a manufacturer and seller of home security systems, employs jennifer to be a sales representative for the company. the term of her employment contract will begin on may 1, 2019, and end on april 30, 2022. must this contract be in writing to be enforceable?
Yes a contract of employment exceeding 1 year has to be in the written format.
High-level CEOs and other highly trained workers are typically engaged under signed employment contracts. These contracts outline the fundamental terms and circumstances of employment, including title, duties, pay, benefits, stock options, and incentive pay. Additionally, they outline the behaviors that constitute grounds for termination and stipulate severance pay in the event of termination without cause.
As long as none of the provisions violate any federal, state, or local laws, rules, or regulations governing the employment relationship (for example, the pay practices established in the Fair Labour Standards Act), parties are free to negotiate and set the terms and conditions of their relationship.
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return on investment can be split into which of the following two measures? multiple choice investment center income and profit margin. profit margin and net income. investment center average assets and investment turnover. residual income and operating income. profit margin and investment turnover.
Return on investment can be split into profit margin and investment turnover.
Return on investment is calculated by dividing the firm's capital turnover ratio by the sales margins. This is useful for comparing a division or product line to others, but it shouldn't be the sole factor used to assess performance. It is employed to assess an investment's potential or to evaluate it in relation to other investments. In this kind of investment, the amount of money invested and the returns are weighed against one another.
Investment gauges how successfully a business generates revenue from the assets it has invested in. While the margin is the amount of profit that remains after a firm deducts its cost of goods sold, selling and administration costs, depreciation, tax, and interest costs. Simply said, the margin is the firm's revenue figure less the spending line items.
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1. Describe how SaksFirst builds loyalty for Saks Fifth Avenue.
SaksFirst built loyalty for Saks Fifth Avenue by broadening its reach and offering more benefits like:
free membership for cardholders without minimum spending earning points toward SaksFirst card with first purchases and free shipping from Saks stores.How do brands build loyalty?Customers only continue to buy or patronize a brand if they feel they can trust the company, this is brand loyalty. Loyalty can be achieved through engaging customers, being reliable, keeping the price reasonable and incentives.
In the case of SaksFirst, they built loyalty by offering free memberships to Saks Fifth avenue customers, giving points for first card purchase and free shipping.
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some of the employees of righteous apps, inc., decide that they want to be represented by the science workers union in bargaining with righteous apps over overtime pay and the times that the offices open and close. righteous apps, and some employees, including truman, are against the union. who can demand that a union election be held? if the union is elected, does it have to represent truman? if the union is elected, does righteous apps have to bargain over overtime pay and the times that the offices open and close?
The employees can demand that the union election be held. Members of the union have the powers over the running of the union affairs.
The nature of the relationship between the individuals in a couple is referred to as the type of union. In more detail, it shows whether a couple's members are legally wed or cohabitating. Freight drivers, warehouse employees, sanitation workers, and construction workers are just a few of the blue-collar jobs that are represented by the International Brotherhood of Teamsters, a labor union. The union bargains for its members' pay, benefits, and working conditions.
Employee categories:
Full-time personnel.
Those who work part-time.
seasonal personnel.
Permanent Staff.
Benefit Employees who earned less than one-third of the State's average quarterly wage during the Base Period are considered Class 2 Employees. This typically occurs as a result of a delay in the notification of IB/ESA termination.
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an investor buys a stock for $40. the stock pays a dividend of $0.75 in year 1 and $1.25 in year 2. at the end of year 2 the investor sells the stock for $44. what is the investor's holding period return?
The investor's holding period return is 15.0%
What Is the Return/Yield for the Holding Period?The overall return earned from owning an asset or portfolio of assets over time—referred to as the holding period—is known as the holding period return and is typically stated as a percentage. Holding period return is calculated using total returns from the asset or portfolio (income plus changes in value). It is especially helpful for comparing the returns of assets kept for various lengths of time.
holding period return is calculated
= Income + (End of period value - Initial value)÷ Initial value
Capital Appreciation = 40 - 4= 4
Dividend yield = 1.5
total dividend income received is calculated,
= 1.5 + (44-40)/40× 100
=1.5 + 1/10× 100
= 15%
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a customer has won $1,000,000 in a lottery. the customer has the choice of taking $1,000,000 today or $65,000 per year for the next 20 years. to evaluate the best option, the customer would use: a net present value b total return c rule of 72 d expected rate of return
Net Present Value
This person has the choice of taking $1,000,000 now or can take $65,000 a year for the next 20 years. To find the best choice, each $65,000 payment over each of the next 20 years must be discounted back to today's net present value, using the risk-free interest rate as the discount factor. If the net present value of these payments is more than $1,000,000, then the 20 payments of $65,000 would be the better choice.
The difference between the present value of cash inflows and outflows over time, or net present value (NPV), is what we refer to as this. The profitability of an anticipated investment or project is examined using NPV in capital budgeting and investment planning.
The net present value of a project or investment indicates how much money it will make or lose in terms of today's money. Due to the effects of factors like inflation and lost compound interest, future cash flow of a project does not accurately reflect current cash flow, so NPV is adjusted accordingly.
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State the reasons/reason for backward bending supply curve
It slopes from left to right. However, in labour markets, we can often witness a backward bending supply curve. This means after a certain point, higher wages can lead to a decline in labour supply. This occurs when higher wages encourage workers to work less and enjoy more leisure time.
Explanation:However, the backwards-bending labour supply curve occurs when an even higher wage actually entices people to work less and consume more leisure or unpaid time. However, in labour markets, we can often witness a backward bending supply curve. This means after a certain point, higher wages can lead to a decline in labour supply. This occurs when higher wages encourage workers to work less and enjoy more leisure time.
why is it important to consider the quality of the data used in analytical procedures? how important to this question are client controls over financial data?
It is important to consider the quality of the data used in analytical procedure for effectiveness.
Auditors must take into account the accessibility and accuracy of the data to be utilized in the development of their expectations before they can apply meaningful analytical processes.
For some statements, data may not be easily accessible to create expectations. Are there sufficient internal controls over the data if it was generated internally? To ascertain that the underlying data are comprehensive and correct, the auditors should examine the effectiveness of the controls over the data.
The effectiveness of data controls affects how dependable the data are. The process of ensuring that errors in analytical data are of a magnitude appropriate for the use to which the data will be put is known as quality control.
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a respondent indicated she redeemed a coupon at walmart last week but later indicated that she had not visited a walmart in over two weeks. this type of response poses a problem of
This type of response poses a problem of consistency. We frequently place more emphasis on the result than the process, which makes consistency challenging.
To put it another way, we are more drawn to the satisfying sentiments of successful ends than to the difficulty of the process. Most of us give up during the hardship before we can benefit from perseverance. The urge to continue doing something you are no longer interested in is one of the hazards of consistency." You will also reach a point where the effort needed to finish it is greater than the benefit.
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a firm reports ebit of $100 million. the income statement shows depreciation of $40 million. if the tax rate is 35% and total capital expenditures and increases in working capital total $10 million, what is the free cash flow to the firm?
The free cash flow to the firm (FCFF) is $65 million dollars.
FCFF = EBIT * (1-rate of tax) +Depreciation-Capital expenditure-Working capital changes
= $100*(1-35%)+$20-$10-$10
= $65+$20-$10-$10
65 million dollars
The amount of cash flow from operations available for distribution after depreciation, taxes, working capital, and investments is referred to as free cash flow to the firm (FCFF). FCFF measures a company's profitability after deducting all expenses and reinvestments. It is one of many benchmarks used to compare and analyze a company's financial health.
Free cash flow to the firm (FCFF) is the cash flow from operations available for distribution after depreciation, taxes, working capital, and investments are deducted.
The most important financial indicator of a company's stock value is arguably free cash flow.
A positive FCFF value indicates that the company still has cash after expenses.
A negative value indicates that the firm's revenue was insufficient to cover its costs and investment activities.
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presley and jake are married filing joint taxpayers. they have twin sons, ages 7. if their agi is $416,950, what amount of child tax credit can they claim?
They can claim child tax of $4000.
How is child tax calculated?
Child Benefit may be able to assist you with child-related expenses. It is typically paid every four weeks.
Based on your modified adjusted gross income (AGI) in 2021, the Child Tax Credit phases down in two separate stages.
The Kid Tax Credit may be reduced by the first phaseout to $2,000 per child.
That is, by the end of 2021, the first phaseout step can only lower the $1,600 rise for eligible children under the age of 5 and the $1,000 increase for eligible children aged 6 through 17 in the first phase.
The second phaseout may bring the leftover Kid Tax Credit per child below $2,000.
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