bill gates and steve ballmer, founders of microsoft, would be considered: a. franchisees. b. franchisors. c. sole proprietors. d. an entrepreneurial team

Answers

Answer 1

Bill Gates and Steve Ballmer, founders of Microsoft, would be considered as franchisors.

This is because they created and established the Microsoft brand and business model, and subsequently granted the right to use their trademark and business system to other entities or individuals who wanted to become Microsoft franchisees. As franchisors, they provide their franchisees with support, training, and access to the company's products and services. They also receive royalties and fees from the franchisees in exchange for the use of their brand and business model. In short, Bill Gates and Steve Ballmer are not sole proprietors or franchisees, but rather the driving force behind the successful entrepreneurial team that is Microsoft.
an entrepreneurial team. Bill Gates and Steve Ballmer are considered an entrepreneurial team because they worked together to create and grow Microsoft, a successful technology company. They are not franchisees, as they did not buy into a franchise business model, nor are they franchisors, as Microsoft does not sell franchise opportunities. They are also not sole proprietors, as there were multiple founders involved in the business.

For more information on franchisors visit:

brainly.com/question/14982702

#SPJ11


Related Questions

afb, inc.'s dividend policy is to maintain a constant payout ratio. this year afb, inc. paid out a total of $2 million in dividends. next year, afb, inc.'s sales and earnings per share are expected to increase. dividend payments are expected to a. remain at $2 million. b. increase above $2 million only if the company issues additional shares of common stock. c. increase above $2 million. d. decrease below $2 million.

Answers

afb, Inc.'s dividend policy is to maintain a constant payout ratio.

This means that the company pays out a certain percentage of its earnings as dividends each year, and that percentage remains consistent.
This year, afb, Inc. paid out a total of $2 million in dividends. However, next year, the company's sales and earnings per share are expected to increase.

Given this information, we can assume that the company's earnings will be higher next year than they were this year.
In light of these expectations, it is likely that afb, Inc. will increase its dividend payments above the $2 million paid out this year.

Since the company maintains a constant payout ratio, it will likely pay out a higher percentage of its earnings next year to keep that ratio consistent.

This could result in a dividend payment that exceeds $2 million.

It is important to note, however, that the answer to this question depends on several factors, including the specific payout ratio that afb, Inc. maintains, as well as the exact amount of earnings the company generates next year.

Additionally, it is possible that the company could issue additional shares of common stock, which could impact its ability to pay out dividends.

Know more about payout ratio here:

https://brainly.com/question/31366921

#SPJ11

during one pay period, star valley company distributes $132,500 to employees as net pay. the income tax withholdings were $19,400 and the fica withholdings were $8,954. total payroll costs to the company for this pay period, excluding any unemployment taxes, was:

Answers

The total payroll costs for this pay period, excluding any unemployment taxes, were $160,854.

To calculate the total payroll costs for this pay period, we need to add up all the expenses related to employee compensation. In this case, we have the net pay, income tax withholdings, and FICA withholdings.

The net pay of $132,500 is the total amount paid to employees after all deductions have been made. The income tax withholdings of $19,400 represent the amount withheld from employee paychecks to cover federal and state income taxes. The FICA withholdings of $8,954 represent the amount withheld from employee paychecks to cover Social Security and Medicare taxes.

To calculate the total payroll costs, we add up these three amounts:

Total payroll costs = net pay + income tax withholdings + FICA withholdings

Total payroll costs = $132,500 + $19,400 + $8,954

Total payroll costs = $160,854

It's important to note that this figure only includes the direct costs of employee compensation and doesn't include any other expenses related to managing payroll, such as payroll software, accounting services, or benefits administration.

To learn more about unemployment taxes

https://brainly.com/question/14377103

#SPJ4

compared to the profit-maximizing quantity for this monopolist, the marginal-cost pricing quantity is:

Answers

The marginal-cost pricing quantity is a trade-off between the monopolist's profit and consumer welfare.

The profit-maximizing quantity for a monopolist is where marginal revenue equals marginal cost. However, the monopolist charges a price higher than the marginal cost. On the other hand, the marginal-cost pricing quantity is where the price is equal to the marginal cost. This means that the monopolist is not maximizing profit at the marginal-cost pricing quantity.

Compared to the profit-maximizing quantity, the marginal-cost pricing quantity is lower. This is because the monopolist is charging a lower price at the marginal-cost pricing quantity, which means they are selling less quantity to cover their costs. The monopolist is also earning less profit at the marginal-cost pricing quantity since the price is lower than what they could charge to maximize profits.

However, the marginal-cost pricing quantity has a benefit to consumers as it results in lower prices and increased output. The monopolist may be forced to adopt this pricing strategy if there is competition in the market or if there is government regulation that mandates pricing at the marginal cost. Overall, the marginal-cost pricing quantity is a trade-off between the monopolist's profit and consumer welfare.

To know more about marginal-cost visit

https://brainly.com/question/29970818

#SPJ11

Joe, a customer, requests to have a technician rename his laptop to the name of his favorite sports team. Which of the following documents MUST the technician consider before performing this action?
A. Acceptable use policy
B. Inventory management
C. EULA
D. MDM policy

Answers

Customer Joe asks a technician to rename his laptop with the name of his preferred sports group. The technician MUST take into account the following papers before doing this step. Option C is Correct.

The technician must take into account the End User Licence Agreement (EULA) that comes with the equipment before doing any actions that can impact a customer's laptop or other company-owned equipment. The EULA, which outlines the terms and conditions under which the client is permitted to use the equipment, is a binding contract between the customer and the business.

It often contains clauses relating to software licencing, data privacy, and other significant factors that may have an impact on the device's security or performance. Before taking this step, it is not necessary to weigh the other possibilities on the list. Option C is Correct.

Learn more about Customer Visit: brainly.com/question/26313265

#SPJ4

Which of the following is true regarding the relationship between the current ratio and the acid-test ratio?
The current ratio will always be equal to or larger than the acid-test ratio for a specific company.
The acid-test ratio will always be equal to or larger than the current ratio for a specific company.
Either the current ratio or the acid-test ratio could be larger for a specific company.
One ratio will always exceed 1.0, while the other will always be less than 1.0.

Answers

The current ratio will always be equal to or larger than the acid-test ratio for a specific company. Option A is correct

This is because the current ratio includes all current assets in the calculation (including inventory and prepaid expenses), while the acid-test ratio only includes the most liquid current assets (cash, marketable securities, and accounts receivable). Therefore, the current ratio provides a broader view of a company's liquidity position, while the acid-test ratio provides a more conservative measure.

The current ratio measures a company's ability to pay off its current liabilities using its current assets. It's calculated by dividing current assets by current liabilities. A current ratio of 1 or higher indicates that a company has enough current assets to cover its current liabilities, while a ratio below 1 indicates that a company may have difficulty meeting its short-term obligations.

To learn more about current ratio, visit here

https://brainly.com/question/28214599

#SPJ4

. troy purchased a deferred annuity for $100,000, naming himself and his wife as joint annuitants and his daughter, trudy, as beneficiary. ten years later, the contract had grown to $235,000, and troy decided to annuitize under a joint and survivor life payout. he and his wife had received income totaling $50,000 when troy died. how much will daughter trudy receive at troy's death?

Answers

If Troy's wife lives for another 10 years (120 payments), she will receive a total of $92,499.60.

The annuity started with a value of $100,000 and grew to $235,000 over 10 years, so the total growth is $235,000 - $100,000 = $135,000.

When Troy and his wife received $50,000 in payments, the remaining value of the annuity was $235,000 - $50,000 = $185,000.

If we divide the remaining value of the annuity ($185,000) by the number of expected payments (20 years x 12 months/year = 240 payments), we get a monthly payment of $770.83.

If Troy's wife lives for another 10 years (120 payments), she will receive a total of $92,499.60 ($770.83 x 120).

An annuity is a financial product that provides a regular stream of income payments to an individual over a specific period of time. An annuity is typically purchased through an insurance company and can be funded either with a lump sum payment or through a series of smaller payments. The income payments from an annuity can be fixed or variable, depending on the type of annuity.

Fixed annuities provide a guaranteed fixed income payment for the life of the annuity contract. Variable annuities, on the other hand, offer income payments that vary based on the performance of the investments held within the annuity. Other types of annuities include indexed annuities, which offer income payments tied to the performance of a stock market index, and immediate annuities, which provide income payments immediately upon purchase.

To learn more about Annuity visit here:

brainly.com/question/23554766

#SPJ4

a firm plans to build a plant on land it owns. the firm paid $200,000 for the land 30 years ago. its current market value is $2,000,000. construction costs, including machinery, will require an initial outlay of $20,000,000. the project will create sales of $12,000,000 per year for years 1-10. no change in other operating costs is expected. the firm uses straight line depreciation over the 10 year life of the project. salvage value is $1,000,000. the tax rate is 40%. 23. the initial investment is $ . question 1 options: $24,000,000 $24,200,000 $23,000,000 $22,000,000 $22,200,000

Answers

The initial investment is $22,000,000. The correct option is (d) $22,000,000

The initial investment for a project involves the cost of acquiring all the necessary resources to start the project. In this case, the firm plans to build a plant on land it owns. The initial investment consists of the cost of construction and the cost of the land. The firm paid $200,000 for the land 30 years ago, and its current market value is $2,000,000. The construction cost including machinery requires an initial outlay of $20,000,000. The initial investment is calculated by adding the cost of the land and the construction costs, which gives us an initial investment of $22,000,000. This amount is what the firm must invest initially to start the project. Option D

For more such questions on  investment

https://brainly.com/question/29547577

#SPJ11

All of the following are types of professional liability insurance, except:
a fiduciary liability insurance
b medical malpractice insurance
c commercial umbrella liability insuranc
e derrors and omissions insurance

Answers

Professional liability insurance is a type of coverage that protects professionals from potential financial losses resulting from claims of negligence, errors, or omissions that they may commit while performing their duties. Some common types of professional liability insurance include medical malpractice insurance, legal malpractice insurance, and errors and omissions insurance.

Errors and omissions insurance, also known as E&O insurance, is specifically designed to cover professionals who provide advice, consultation, or other types of services to their clients. This type of insurance helps to protect professionals from claims of negligence or errors in their work that may result in financial losses for their clients.

Therefore, the answer to your question is that errors and omissions insurance is not a type of professional liability insurance. Instead, it is a specific type of coverage within the professional liability insurance category. It is important for professionals to understand the various types of liability insurance available to them and to choose the appropriate coverage that fits their needs.
Hello! It seems like your question got cut off, but I understand that you are asking about types of professional liability insurance and would like me to include the term "errors and omissions insurance" in my answer.

Professional liability insurance is a type of coverage that protects professionals from financial losses due to negligence, errors, or omissions while providing their services. There are various types of professional liability insurance, and some common ones include:

1. Errors and Omissions (E&O) Insurance: This insurance covers professionals like lawyers, accountants, and consultants for mistakes or omissions made while providing their services.

2. Medical Malpractice Insurance: This type of insurance is designed for healthcare professionals, such as doctors and dentists, and covers them in cases of negligence or errors in treatment.

3. Directors and Officers (D&O) Liability Insurance: This insurance is designed for executives and board members of companies and protects them from personal financial loss if they are sued for decisions made while managing the company.

However, without knowing the options in your original question, I cannot determine which one is not a type of professional liability insurance. Please provide the full list of options, and I would be happy to help identify the exception.

To know more about professional liability visit:

https://brainly.com/question/11302705

#SPJ11

u.s. cola companies entered the global market primarily because of question 15select one: a. lower labor costs in the emerging markets b. limited growth opportunities in their domestic market c. an increase in the return on investment from their us bottling plants d. economies of scale that offset research and development costs

Answers

U.S. cola companies entered the global market primarily because of limited growth opportunities in their domestic market.

As the consumption of soda declined in the U.S., companies such as Coca-Cola and PepsiCo sought new markets to expand their businesses. Emerging markets such as China, India, and Brazil presented lucrative opportunities for growth due to their large populations and increasing middle classes. However, entering these markets also came with challenges such as navigating cultural differences, dealing with local regulations, and facing competition from established local brands. Nonetheless, the potential for increased profits and market share was too great to ignore. While economies of scale and lower labor costs in some emerging markets may have been additional factors in their decision to expand globally, limited growth opportunities in their domestic market was the primary driver for U.S. cola companies to enter global market.

To learn more about market, visit:

https://brainly.com/question/29576179

#SPJ11

in monolithic organizations, conflicts among groups tend to be low. the most likely reason behind this low rate of conflict is that in monolithic organizations,
T/F

Answers

False. Monolithic organizations are those that have a single organizational culture and are characterized by a high degree of centralization and standardization.

While it is true that conflicts among groups may be less common in monolithic organizations due to the presence of a shared culture and values, it is not accurate to say that conflicts are low.

In fact, conflicts can still occur within a single organizational culture, especially if there are differences in goals, priorities, or perspectives among groups within the organization. Additionally, conflicts can arise due to power struggles or resource allocation issues, which can happen in any type of organization regardless of its structure or culture.

To know more about organizational culture here

https://brainly.com/question/16049983

#SPJ4

(f) based on your answer to part (e), will the federal reserve buy or sell yen in the foreign exchange market to stabilize the dollar/yen exchange rate? explain.

Answers

Based on the explanation provided in part (e), the Federal Reserve is likely to sell yen in the foreign exchange market to stabilize the dollar/yen exchange rate.

This is because if the dollar is weakening against the yen, it means that there is an oversupply of dollars in the market compared to yen. By selling yen, the Federal Reserve can reduce the supply of yen in the market and increase the demand for it, thus stabilizing the exchange rate.

The Federal Reserve intervenes in the foreign exchange market to stabilize the exchange rate when there are significant fluctuations. If in part (e), the dollar is appreciating against the yen, the Federal Reserve will buy yen and sell dollars to prevent the dollar from becoming too strong.

To know more about Exchange rate visit:-

https://brainly.com/question/30056651

#SPJ11

Suppose that the wage rate is $10 per hour and the rental rate of capital is $25 per hour.
* Write an equation for the isocost line for a firm.
* If TC = $800, what is the slope of the isocost line? What is the y-intercept (K-intercept)?

Answers

Answer:

The equation for the isocost line for a firm can be written as:

w * L + r * K = C

where w is the wage rate, L is the quantity of labor used, r is the rental rate of capital, K is the quantity of capital used, and C is the total cost of production.

If we divide both sides of the equation by r, we get:

(K / r) + (w / r) * L = C / r

This equation tells us that the isocost line has a slope of -(w / r), which is the ratio of the wage rate to the rental rate of capital. The y-intercept (K-intercept) is C / r, which represents the quantity of capital that the firm can rent when it uses no labor.

If TC = $800, then the equation of the isocost line becomes:

(K / 25) + (10 / 25) * L = 800 / 25

Simplifying this equation, we get:

0.4 K + 0.4 L = 32

Thus, the slope of the isocost line is:

-(w / r) = - (10 / 25) = - 0.4

And the y-intercept (K-intercept) is:

C / r = 800 / 25 = 32

Industries in which proportionally more value is added in ____________ activities are more likely to benefit from a ____________ strategy.
A)downstream; global
B)upstream; multidomestic
C)upstream; global
D)manufacturing; multidomestic

Answers

C) Upstream; global.

Industries that add more value in upstream activities, such as research and development, sourcing raw materials, and production, are more likely to benefit from a global strategy. This is because they can leverage their expertise and economies of scale across multiple markets, leading to cost savings and increased competitiveness. On the other hand, industries that add more value in downstream activities, such as marketing and distribution, may benefit more from a multidomestic strategy, which allows for customization to local markets. The manufacturing industry can benefit from both strategies, depending on the specific focus and approach of the company.
Hi! Your question is about industries that are more likely to benefit from a certain strategy based on the proportion of value added in specific activities. The correct answer is:

Industries in which proportionally more value is added in downstream activities are more likely to benefit from a global strategy.

Your answer: A) downstream; global

To know more about strategy. visit:

https://brainly.com/question/31462629

#SPJ11

Which nims management characteristic refers to personnel.

Answers

The NIMS (National Incident Management System) is a comprehensive framework that provides guidance for effective and efficient incident management.

In NIMS, personnel management refers to the process of organizing, mobilizing, deploying, and managing the people involved in incident response. This includes identifying the roles and responsibilities of personnel, establishing clear lines of communication and reporting, and providing adequate training and resources to support their efforts.

One of the key principles of personnel management in NIMS is the concept of a unified command structure. This means that all personnel involved in incident response, regardless of their agency or organization, work together under a single command structure to ensure a coordinated and effective response.

To know more about NIMS  visit:-

https://brainly.com/question/29548922

#SPJ11

carter's cucumber company has assets of $75,000 and liabilities of $15,000. how much is carter's owner equity?

Answers

Carter's cucumber company's owner equity can be calculated by subtracting liabilities from assets. In this case, the assets are $75,000 and liabilities are $15,000. So, the owner equity would be $60,000 ($75,000 - $15,000).

This means that the value of the assets that belong to the owner is $60,000. It is important to note that owner equity represents the residual value of a business after deducting all liabilities.

It is the amount that would remain if all the assets were sold and all liabilities were paid off. So, for Carter's cucumber company, the owner's equity of $60,000 represents the value of the company that belongs to the owner after paying off all the liabilities.
To calculate Carter's owner equity in his cucumber company, you'll need to consider the assets and liabilities. The formula for owner equity is:

Owner Equity = Assets - Liabilities

In this case, the company has assets of $75,000 and liabilities of $15,000. Now, plug these values into the formula:

Owner Equity = $75,000 - $15,000

Owner Equity = $60,000

So, Carter's owner equity in his cucumber company is $60,000.

For more information on assets visit:

brainly.com/question/14404094

#SPJ11

TRUE/FALSE. an agreement should definitely be in writing if you do not have an ongoing relationship with the other party.

Answers

The given statement "An agreement should definitely be in writing if you do not have an ongoing relationship with the other party" is true because written agreements provide proof of the terms and conditions agreed upon by both parties, and can be used as evidence in case of a dispute.

Without a written agreement, it becomes difficult to establish the terms of the agreement, leading to disputes and misunderstandings. Moreover, written agreements provide clarity and specificity in terms of the expectations of both parties, the duration of the agreement, payment terms, and other critical details.

A written agreement can also include clauses for termination, arbitration, and other important considerations. In conclusion, a written agreement is essential, particularly when dealing with someone you do not have an ongoing relationship with. It provides protection and clarity to both parties and helps avoid potential conflicts that can arise from verbal agreements.

For more about agreement:

https://brainly.com/question/24572146

#SPJ4

as a promotion technique, samples are often used for new products when blank will influence the diffusion of the product.
T/F

Answers

False. The statement is incomplete and therefore, inaccurate. As a promotion technique, samples are often used for new products when trial will influence the diffusion of the product.

Providing samples of a new product can be an effective way to encourage potential customers to try the product and experience its benefits firsthand.

This can be particularly important for new or innovative products that customers may be hesitant to purchase without first trying. By providing samples, businesses can generate interest and excitement around their new product, and potentially accelerate its diffusion and adoption in the market.

To learn more about promotion technique here

https://brainly.com/question/11131986

#SPJ4

A monopolistic competitor is currently producing 2,000 units of output; price is $100, marginal revenue is $80, average total cost is $130, marginal cost is $60, and average variable cost is $60. The firm should
raise price because the firm is losing money.
keep the price the same because the firm is producing at minimum average variable cost.
raise price because the last unit of output decreased profit by $30.
lower price because the next unit of output increases profit by $20.

Answers

A monopolistic competitor is currently producing 2,000 units of output with a price of $100, marginal revenue of $80, average total cost of $130, marginal cost of $60, and average variable cost of $60. The firm should lower the price because the next unit of output increases profit by $20.

Here's a step-by-step explanation:

1. Calculate the current profit: Profit = Total Revenue - Total Cost. Total Revenue is Price × Quantity (100 × 2,000 = $200,000), while Total Cost is Average Total Cost × Quantity (130 × 2,000 = $260,000). Profit = $200,000 - $260,000 = -$60,000, indicating a loss.

2. Analyze marginal revenue and marginal cost: Marginal revenue is $80, and marginal cost is $60. As long as marginal revenue exceeds marginal cost, producing additional units increases profit.

3. Determine the profit-maximizing output: Since marginal revenue is higher than marginal cost ($80 > $60), the firm should produce more units to maximize profit. Producing an additional unit generates $80 in revenue while incurring only $60 in cost, increasing profit by $20.

4. Adjust the price: As the firm produces more units and moves closer to the profit-maximizing output, demand may decrease due to the law of diminishing marginal utility. To sell more units and maximize profit, the firm should lower the price.

In conclusion, the monopolistic competitor should lower the price because producing and selling the next unit of output increases profit by $20, moving the firm closer to its profit-maximizing output.

To know more about monopolistic competitor refer here:

https://brainly.com/question/28187802#

#SPJ11

lara technologies is considering a total cash outlay of $225,000 for the purchase of land, which it could lease for $39,500 per year. if alternative investments are available that yield a 16% return, the opportunity cost of the purchase of the land is

Answers

The opportunity cost of the purchase of the land is the return that could be earned from alternative investments, which is 16%.

In other words, if Lara Technologies invests $225,000 in the land purchase, it would be forgoing the opportunity to invest that money in an alternative investment that yields a 16% return. Therefore, the opportunity cost of the land purchase is the return that could have been earned from the alternative investment, which is $36,000 (16% x $225,000).

This means that if the company purchases the land, it would have to generate at least $36,000 per year in additional income to make the investment in the land worthwhile compared to the alternative investment.

Learn more about opportunity cost

https://brainly.com/question/13036997

#SPJ4

If, after a deposit outflow, a bank needs an additional $3 million to meet its reserve requirements, the bank can.

Answers

A reserve that is a portion of deposits is always present in a bank. However, if a bank has insufficient reserves, it can borrow money from other banks, the Fed, call in loans, and sell securities. A bank will borrow money from other banks via the Fed's discount window.

If it does not have enough cash on hand to meet the reserve requirement. The federal funds rate, which is the benchmark for many other interest rates in the economy, is the borrowing rate that banks charge one another. The amount of reserves, or cash deposits, that a bank must have on hand and refrain from lending out, is known as the reserve ratio.

To learn more about deposits, click here.

https://brainly.com/question/22697743

#SPJ4

a firm finances its operations with $500 of common stock and $300 of debt. the cost of equity is 13 percent and the after-tax cost of debt is 5 percent. illustrate the wacc formula at a tax rate of 15 percent.

Answers

The WACC (Weighted Average Cost of Capital) formula is used to calculate the overall cost of financing a company's operations. It takes into account the cost of equity and the cost of debt, and weights them based on the proportion of each used to finance the company.

To calculate the WACC formula with the given information, we need to take into account the cost of equity, the after-tax cost of debt, and the tax rate.

Firstly, we need to calculate the cost of equity which is given as 13 percent.

Secondly, we need to calculate the after-tax cost of debt. Since the tax rate is given as 15 percent, we can calculate the after-tax cost of debt by multiplying the pre-tax cost of debt (which is not given) with the complement of the tax rate (1 - tax rate).

So, after-tax cost of debt = pre-tax cost of debt x (1 - tax rate)
                        = 0.05 x (1 - 0.15)
                        = 0.0425 or 4.25%

Now, we can calculate the WACC formula by using the following formula:

WACC = (Equity / Total Capital) x Cost of Equity + (Debt / Total Capital) x After-tax Cost of Debt

Here, Equity is given as $500 and Debt is given as $300. Therefore, Total Capital can be calculated as:

Total Capital = Equity + Debt
                    = $500 + $300
                    = $800

Now, we can substitute the given values in the WACC formula:

WACC = ($500 / $800) x 0.13 + ($300 / $800) x 0.0425
       = 0.40625 or 40.625%

Therefore, the WACC formula at a tax rate of 15 percent is 40.625%.

Learn more about WACC (Weighted Average Cost of Capital): https://brainly.com/question/30746642

#SPJ11

if there were 10 firms in this market, the short-run equilibrium price of ruthenium would be $40 per pound. at that price, firms in this industry would earn a positive profit . therefore, in the long run, firms will exit the ruthenium market. because you know that competitive firms earn economic profit in the long run, you know the long-run equilibrium price must be $ per pound. from the graph, you can see that this means there will be firms operating in the ruthenium industry in long-run equilibrium. true or false: assuming implicit costs are positive, each of the firms operating in this industry in the long run earns positive accounting profit. true false

Answers

The given statement "Assuming implicit costs are positive, each of the firms operating in 20 Justry in the long run earns positive accounting profit. " is true because the price towards the long-run equilibrium price, where firms earn zero economic profit but positive accounting profit.

In the given scenario, if there were 10 firms in the rhodium market, the short-run equilibrium price of rhodium would be determined by the intersection of the market demand and supply curves. Let's assume that the short-run equilibrium price is $10 per pound. At this price, firms in the industry would earn profits if their average total cost (ATC) is less than $10 per pound.

In the long run, firms would continue to enter the rhodium market as long as there are profits to be made. This will increase the supply of rhodium, which will, in turn, decrease the price until the point where each firm earns zero economic profit. This is the long-run equilibrium price, denoted by S per pound.

Therefore, in the long run, assuming implicit costs are positive, each firm operating in the rhodium industry would earn positive accounting profit if the market price is higher than the ATC. Positive accounting profit means that the revenue earned by the firm exceeds its explicit and implicit costs, including normal profit.

To know more about profit here

https://brainly.com/question/15036999

#SPJ4

Complete Question:

If there were 10 firms in this market, the short-run equilibrium price of rhodium would be |$ per pound. At that price, firms in this industry would . Therefore, in the long run, firms would the rhodium market. Because you know that competitive firms earn economic profit in the long run, you know the long-run equilibrium price must be S per pound. From the graph, you can see that this means there will be firms operating in the rhodium industry in long-run equilibrium. 10

True or False: Assuming implicit costs are positive, each of the firms operating in 20 Justry in the long run earns positive accounting profit.

on november 19, nicholson company receives a $15,000, 60-day, 8% note from a customer to replace an account receivable. what adjusting entry should be made by nicholson on the december 31 year-end?

Answers

The adjusting entry on December 31 would be:
Debit: Interest Receivable - $108.33
Credit: Interest Revenue - $108.33



When Nicholson Company received the $15,000, 60-day, 8% note from the customer on November 19, it replaced an existing account receivable. This means that Nicholson Company initially recorded the account receivable in their books. However, upon receiving the note, Nicholson Company now has a note receivable that needs to be recorded in their books.
On December 31, the year-end, Nicholson Company needs to make an adjusting entry to reflect the interest earned on the note for the 42 days (from November 19 to December 31) that it was outstanding. To calculate the interest earned, we need to use the following formula:
Interest = Principal x Rate x Time
Using this formula, we can calculate the interest earned as follows:
Interest = $15,000 x 8% x 42/360 = $140
Principal = $15,000
Rate = 8% (0.08)
Time = (31 days in December) / 360 days (assuming a 360-day year)
Interest = $15,000 x 0.08 x (31/360) = $108.33

To know more about visit :-

https://brainly.com/question/12269231

#SPJ11

a firm has market power when it can responses a produce as much as it can.produce as much as it can. b make a profit.make a profit. c change its price without losing its market share.change its price without losing its market share. d affect other firms' output decisions.

Answers

a firm has market power when it can control production levels, make a profit, change prices without losing market share, and affect the output decisions of other firms.

I'll provide a concise explanation using the terms you've mentioned.
A firm has market power when it can:
a) Produce as much as it can: This means the firm can control its production levels and meet market demands without facing significant constraints or barriers.
b) Make a profit: Market power enables a firm to set prices that allow it to earn a profit, rather than just covering costs.
c) Change its price without losing its market share: A firm with market power can raise or lower prices without experiencing a significant loss in its share of the market, as customers may have limited alternatives.
d) Affect other firms' output decisions: Market power allows a firm to influence the decisions of other firms in the market, either by setting prices that impact competitors' costs or by adjusting production levels to influence market supply.


To know more about market visit:

brainly.com/question/13414268

#SPJ11

which of the following companies would you expect to report significant amounts of cash provided by financing activities?

Answers

Companies that engage in activities such as borrowing and issuing equity would report significant amounts of cash provided by financing activities.

Examples of such companies include those that are in the process of raising capital, expanding their operations or paying dividends. Typically, these companies would have significant financing activities related to issuing bonds, stocks or other securities, repaying debt, and paying dividends to shareholders.

Additionally, companies that engage in mergers and acquisitions or other large transactions that require financing would also report significant amounts of cash provided by financing activities.

To learn more about financing activities, visit here

https://brainly.com/question/16377227

#SPJ4

the following information is available for walker industries: beginning work in process inventory $ 67,000 ending work in process inventory 86,000 cost of goods manufactured 316,000 required: compute total current manufacturing costs.

Answers

The total current manufacturing costs for Walker Industries are $297,000.

To calculate the total current manufacturing costs for Walker Industries, we need to use the following formula:

Total Manufacturing Costs are calculated as follows:  Cost of the products Generated + Starting Works in Process Inventory - Finishing Work in Process Inventory When we modify the formula's values that are specified, we obtain:

Total Manufacturing Costs = $67,000 + $316,000 - $86,000

Total Manufacturing Costs = $297,000

Therefore, the total current manufacturing costs for Walker Industries are $297,000.

Good manufacturing:

Good manufacturing refers to the process of producing high-quality goods in a consistent and reliable manner. It involves a series of steps, including design, raw material selection, production, quality control, packaging, and distribution, with the goal of ensuring that the finished product meets the desired quality standards.

Good manufacturing practices (GMP) are a set of guidelines and regulations that manufacturers must follow to ensure that their products are safe, effective, and of high quality. These practices include standard operating procedures, documentation, quality control, and employee training.

Adhering to good manufacturing practices helps manufacturers to minimize the risk of product defects, contamination, and recalls, and to maintain consumer confidence in their products.

To know more about Good manufacturing visit:

https://brainly.com/question/24189051

#SPJ4

Which company has the least efficient sg&a/sales ratio?.

Answers

In general, the lower, the better. However, average SG&A sales ratios greatly vary by industry. For instance, manufacturers' SG&A costs typically vary from 10% to 25% of sales, whereas in the health care industry, expenditures can approach 50% of sales.

By dividing total costs by total sales, you can determine your SG&A ratio. This computation can be demonstrated by dividing $5,000 in SG&A expenses by $20,000 in sales expenses. As a result, the ratio becomes 1:4, meaning that the company would invest one-fourth of its profits on SG&A costs. In general, a lower SG&A ratio is preferable, however the typical benchmark varies greatly depending on the business.

To learn more about expenses, click here.

https://brainly.com/question/29842871

#SPJ4

period 6 review sheet apush why did business consolidate into monoplies, pools, trusts, and interlocking directories?

Answers

During period 6 in APUSH, businesses consolidated into monopolies, pools, trusts, and interlocking directories for several reasons. One reason was the desire for greater efficiency and profitability. By consolidating, businesses could eliminate competition and gain greater control over prices and production.

Another factor was the lack of government regulation at the time. With little oversight, businesses were free to engage in monopolistic practices without fear of legal repercussions. This allowed for the accumulation of large amounts of wealth and power by a small group of individuals.

Additionally, the rise of industrialization and the growth of the railroad industry made it easier for businesses to expand and consolidate their operations.Finally, the economic instability of the late 19th century also played a role. Business owners saw consolidation as a way to protect themselves against economic downturns and to secure their position in the market.

To know more about business consolidate visit:-

https://brainly.com/question/31444938

#SPJ11

1. The best way to address a natural monopoly without dismantling the economies of scale is: Laissez faire. Regulation. Antitrust actions. Deregulation Flag this Question Question 2 2 pts

Answers

The best way to address a natural monopoly without dismantling the economies of scale is through regulation or antitrust actions.

Laissez faire, which means leaving the market to operate without government intervention, may not be effective in controlling a natural monopoly. Deregulation, which involves removing government regulations and allowing the market to operate freely, may actually lead to the strengthening of a natural monopoly. Therefore, regulation or antitrust actions, which aim to ensure fair competition and prevent the abuse of market power by a natural monopoly, are the most suitable approaches.

What is antitrust actions?

Antitrust laws are rules that promote competition by restricting a firm's ability to dominate the market. This frequently entails dismantling monopolistic enterprises as well as making sure mergers and acquisitions don't excessively concentrate market power.

What constitutes an antitrust example?

These infractions frequently take the form of: "Price fixing" refers to any agreement between rival sellers that establishes a defined price or otherwise defines how the vendors' prices will be determined. It is possible to come to a price fixation agreement at the wholesale or retail levels.

To know more about antitrust actions:

https://brainly.com/question/6849870

#SPJ11

you want to create a portfolio equally as risky as the market, and you have $900,000 to invest. given this information, fill in the rest of the following table: (do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)

Answers

A subfield of mathematics called statistics is concerned with the gathering, examination, interpretation, presentation, and arrangement of numerical data. We must determine the portfolio's beta.

Which is the weighted average of the betas of each asset in the portfolio, in order to produce a portfolio that is similarly risky as the market. Since the market's beta is 1, we must determine the weights of each asset in the portfolio to achieve a beta of 1.

The weights of equities A, B, and C in the portfolio should be wA, WB, and wC, respectively. We have the following equation because we want the portfolio to be as risky as the market:

WA = 1.00, WB = 1.20, and C = 1.40.

Additionally, we know that the total investment is $1,000,000. As a result, we have:

Where X is the investment in stock C and Y is the investment in the risk-free asset, WA * $120,000 + wB * $220,000 + WC*X + (1 - WA - WB - WC) * Y = $1,000,000.

We can find wC and Y by using the two equations and two unknowns that we have:

WC is equal to (1.00 - WA * 1.00 - wB * 1.20)/1,40.

A million dollars is equal to WA * $120,000 + WB * $220,000 t WC*X + (1 - WA - WB - WC) *Y.

The result of putting the first equation into the second equation is

A million dollars is equal to WA * $120,000 + wB * $220,000 + [(1.00 - wA * 1.00 - WB*1.20) /1.40]* X + [1-WA-WB-(1.00-WA*1.00-wB*1.20)/1.40] * Y

By condensing and figuring out Y, we get at:

Y= $319,149

When we solve for X by adding this value back into the second equation, we obtain:

X= $342,857

Thus, the following investments should be made in the portfolio:

$120,000 (12%) for Stock A

$220,000 (22%) for Stock B

$342,857 (34%) for Stock C

Asset at zero risk: $319,149 (32%).

To know more about Statistics visit:

https://brainly.com/question/31332389

#SPJ4

Other Questions
13/03/2023ClassworkACTIVITY 1Define the following terms:1. Communsim2. Capitalism3. Proletrait4. Bourgeoisie5. Famine6. Dictatorship7. Ideology8. Demand9. Overproduction10. Shareholders Why did textile production decline in India and Egypt? In 2014, malaysia airlines flight 370 vanished during a routine flight to beijing as air traffic controllers watched the plane deviate from its path then disappear in one of the aviation worlds greatest mysteries. In the most expensive search-and-rescue in history, teams scoured the seas for any trace of the boeing 777 that was filled with 227 passengers. Its final radio transmission said "good night" to the controllers, then it was never seen or heard from again in a case that remains unsolved to this day. determine the number of strings made from the digits 0-9 of length 10 where every number appears exactly once, and no multiples of 3 can be beside one another. a student who is working on a cure hearing loss develops a hair cell mechanically gated (met) channel agonist. would you expect this drug to be effective? why? an untwisted wing with an elliptical planform and an elliptical lift distribution has an aspect ratio of 5 and a wing span (b) of 10 m. the aircraft is flying at level flight at a cruise speed of 250 m/s. determine the downwash velocity produced with a circulation of 500 m^2/s. assume wing efficiency of 1. a) 12.5 b) 25 c) 50 d) 100 An independent researcher is interested in finding out whether there exists a positive relationship between the number of years of formal education received by an individual and the number of years of formal education received by each of his parents. It is assumed that the number of years of formal education received by one parent of an individual is positively correlated with that of the other parent. The researcher randomly selects 130 individuals and estimates the following regressionfunction: Yi=6+0.64Xi,where Yi denotes the number of years of formal education received by the ith individual and Xi denotes the number of years of formal education received by the it individual's father. Since the researcher only incorporates the educational attainment of an individual's father in the regression, and not that of the individual's mother, omitted variable bias will occur.Which of the following statements correctly describes the omitted variable bias?A. Omitted variable bias arises when the omitted variable is correlated with a regressor and is a determinant of the dependent variable.Your answer is correct.Suppose the researcher somehow discovers that the values of the population slope (1), the standard deviation of the regressor (X), the standard deviation of the error term (u), and the correlation between the error term and the regressor (rhoXu) are 0.44, 0.58, 0.34, 0.47, respectively.As the sample size increases, the value to which the slope estimator will converge to with high probability is ________(Round your answer to two decimal places.)In this case, the direction of the omitted variable bias is ________ (positive / negative ) The need to reconcile freedom of will with a deterministic universe is known as the problem of free will or sometimes referred to as the dilemma of determinism. T/F j and k formed a general partnership by contributing $10,000 each. the partnership incurred a loss of $30,000 in year 1, income of $6,000 in year 2, and income of $10,000 in year 3. what is the adjusted basis for tax purposes of each partner's interest in the partnership at the end of each year? the nurse is preparing discharge instructions for a client who has begun to demonstrate signs of early alzheimer dementia and lives alone, with adult children living nearby. according to the prescribed medication regimen, the client is to take medications six times throughout the day. which nursing intervention is correct to assist the client with taking the medication? what is the minimum diameter for an objective lens that will just barely resolve jupiter and the sun? a sign in the elevator of a college library indicates a limit of 16 persons. in addition, there is a weight limit of 2,500 pounds. assume that the average weight of students, faculty, and staff at this college is 155 pounds, that the standard deviation is 29 pounds, and that the distribution of weights of individuals on campus is approximately normal. a random sample of 16 persons from the campus will be selected. Alternate versions of a gene that account for variations in inherited characteristics are called:. 2 month old boy with failure to thrive and poor feeding. Jaundice, cataracts, hepatomegaly. Decreased glucose concentration. Urine has positive reaction to copper reduction test, negative reaction to glucose oxidase. Deficiency of what enzyme? What is the intent of the judicial campaign fairness act?. Interpret the Data: Does Camouflage Affect Predation Rates on Two Populations of Mice? land used in a trade or business is categorized as a pure section asset. personal property used in a trade or business is categorized as a section asset and depreciable real property used in a trade or business is categorized as a section asset. need help? review these concept resources. The polynomial of degree 4, P(x) has a root multiplicity 2 at x=4 and roots multiplicity 1 at x=0 and x=-4 and it goes through the point (5, 18) how do you find a formula for p(x)? Avoiding collisions requires complex decisions and skilled responses. Other drivers depend on you to be rational and predictable.T/F The Gap purchases dress shirts for $23 and sells them for $38. The percent markup based on cost is (rounded to the tenth):A) 39.5%B) 65.2%C) 15