To analyze the income statement of Computer Tycoon, a horizontal and vertical analysis is needed.
1. To lead a flat examination of PC Big shot Consolidated's pay explanation for the year finished December 31, 2018, we really want to work out the year-over-year changes in each detail. We can communicate these progressions in both dollar sums and rates. We can then contrast the progressions with perceive how the organization acted in 2018 contrasted with the earlier year.
2a. To lead an upward investigation, we really want to communicate each detail as a level of all out incomes. This will permit us to see the general significance of each detail to the organization's general exhibition.
2b. To decide if PC Magnate acquired more net benefit per dollar of deals in 2018 contrasted with 2017, we really want to compute the net revenue for every year. We can then contrast the edges with see which year had a higher net overall revenue.
In general, by directing both flat and vertical examinations, we can acquire experiences into how PC Magnate acted in 2018 and make correlations with the earlier year. We can likewise distinguish patterns and regions where the organization might have to work on its exhibition.
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the cost of a franchise may include a. higher labor costs. b. royalty payments. c. a one-time federal franchise tax. d. higher operational costs.
A cost of a franchise include all of the given options, higher labor costs, royalty payments, one-time federal franchise tax, higher operational costs. So Option A,B,C,D all are correct.
However, the cost of a franchise can be significant and may include several expenses. One of the main costs of a franchise is royalty payments, which are fees paid by the franchisee to the franchisor for the use of the brand name, trademarks, and other intellectual property. These fees are usually a percentage of the franchisee's gross sales and can range from 4% to 12% or more.
Another cost of a franchise is higher operational costs. Franchisees are often required to use specific suppliers, equipment, and software, which can be more expensive than alternative options. Additionally, franchisors may require franchisees to pay for ongoing training and support, which can also increase operational costs.
Franchisees may also face higher labor costs compared to non-franchise businesses. This is because franchisors often have strict guidelines for hiring and training employees, which can increase the cost of recruitment and onboarding. So Option A,B,C,D all are correct.
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advertise heavily in order to differentiate their product. group of answer choices no, because domestic firms in oligopoly markets are always so dominant that overseas producers have little or no impact on those markets. no, because the united states government has effectively blocked all imports that might compete with domestic firms in oligopoly industries. yes, competition from overseas firms can substantially limit domestic firms' market power. there is no way to know.
The statement "advertise heavily in order to differentiate their product. " is correct, competition from overseas firms can substantially limit domestic firms' market power. The correct option is C) .
When there is competition from overseas firms, domestic firms in oligopoly markets are forced to differentiate their products in order to remain competitive.
Advertising can be a means for domestic firms to differentiate their product and attract customers. By investing in advertising, firms can increase brand awareness and create a unique image for their product that sets it apart from competitors.
Additionally, advertising can be used to communicate the unique features and benefits of the product to consumers.
It is important to note that the degree of competition faced by domestic firms in oligopoly markets can vary depending on a number of factors, including the size and competitiveness of the overseas firms, the barriers to entry in the market, and the regulatory environment.
Nonetheless, in general, it can be said that competition from overseas firms can limit the market power of domestic firms in oligopoly markets and lead to increased advertising expenditures in an effort to differentiate products.
The correct option is C) .
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A higher exchange rate means that people who hold euros receive ______ dollars for each euro exchanged, making goods priced in dollars ______ expensive to them
A higher exchange rate means that people who hold euros receive more dollars for each euro exchanged, making goods priced in dollars less expensive to them. This, in turn, makes goods priced in dollars less expensive for them, encouraging high use and demand for these goods.
Exchange rates represent the value of one currency in terms of another. For example, an exchange rate of 1 euro to 1.5 dollars means that one euro can be exchanged for 1.5 dollars. When the exchange rate increases, it means that the value of the euro has risen compared to the dollar.
In this situation, a higher exchange rate benefits those who hold euros because they can now exchange their euros for more dollars than before. As a result, their purchasing power in terms of dollars increases. This means that they can now buy more goods and services priced in dollars with the same amount of euros.
Consequently, goods priced in dollars become less expensive for euro holders as their currency now holds more value relative to the dollar. This can lead to increased demand for dollar-priced goods from people who hold euros, as they can get more for their money.
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to convert the formula for sales dollars required to attain a target profit to sales dollars required to break-even, set the target profit to $
To convert the formula for sales dollars required to attain a target profit to sales dollars required to break-even, set the target profit to $0.
To calculate the break-even sales dollars, follow these steps:
1. Determine the contribution margin per unit: selling price per unit - variable cost per unit
2. Calculate the contribution margin ratio: contribution margin per unit / selling price per unit
3. Divide the fixed costs by the contribution margin ratio
By setting the target profit to $0, you are essentially finding the sales amount where the company neither makes a profit nor incurs a loss.
This is known as the break-even point. The contribution margin per unit and contribution margin ratio are essential for understanding the proportion of each sale that goes towards covering fixed costs. Once you know these values, dividing the fixed costs by the contribution margin ratio will give you the break-even sales dollars.
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the asset turnover from the following is (round to nearest tenth): gross sales $ 70,000 sales discount 2,500 sales returns and allowances 8,000 total assets 39,000
The asset turnover is approximately 1.5 when rounded to the nearest tenth.
To calculate the asset turnover using the given information.
1. First, find the net sales by subtracting the sales discounts and sales returns and allowances from the gross sales:
Net Sales = Gross Sales - Sales Discounts - Sales Returns and Allowances
Net Sales = $70,000 - $2,500 - $8,000
Net Sales = $59,500
2. Now, calculate the asset turnover by dividing the net sales by the total assets:
Asset Turnover = Net Sales / Total Assets
Asset Turnover = $59,500 / $39,000
3. Round the result to the nearest tenth:
Asset Turnover ≈ 1.5
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Complete question is :-
calculate the asset turnover from the following information (round to nearest tenth): gross sales $ 70,000 sales discount 2,500 sales returns and allowances 8,000 total assets 39,000
skilled craftsmen organized trade unions due to the rise of the factory system. group startstrue or false
"Skilled craftsmen organized trade unions due to the rise of the factory system." This statement is True.
The rise of the factory system in the late 18th and early 19th centuries led to the formation of skilled craftsmen trade unions in Europe and North America.
The factory system replaced the traditional artisanal methods of production, which relied on skilled workers to produce goods from start to finish.
With the rise of factories, workers were typically assigned a single task and worked long hours in difficult and often dangerous conditions.
Skilled craftsmen who had previously enjoyed a measure of autonomy and control over their work found their jobs deskilled and their wages reduced. In response, they organized trade unions to protect their interests and advocate for better working conditions, wages, and benefits.
The rise of trade unions was a major development in the history of the labor movement and had a significant impact on the development of labor relations and workers' rights.
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How were the viet cong able to resupply and strengthen their air defenses?
The Viet Cong, the communist guerrilla force in Vietnam, did not have an air force of their own, but they were able to resupply and strengthen their air defenses in several ways. One of the most significant was through the use of the H Chi Minh Trail, a network of roads and supply routes that stretched from North Vietnam through Laos and Cambodia to South Vietnam.
The H Chi Minh Trail allowed the North Vietnamese to transport troops, supplies, and weapons to the Viet Cong in the South, including anti-aircraft guns and other air defense weapons. The trail was difficult to detect and target from the air, making it a crucial supply route for the Viet Cong.
. They would sometimes bury guns and ammunition in hidden locations, making it difficult for American aircraft to locate and destroy them. They also used decoys to draw in American aircraft, which would then be targeted by anti-aircraft guns and other weapons.
The Viet Cong also received support from other communist countries, such as China and the Soviet Union, which supplied them with weapons and other military equipment.
These efforts made it difficult for American aircraft to operate effectively in Vietnam and contributed to the ultimate failure of the U.S. military campaign in the country.
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the labor force consists of: group of answer choices all adults who are working or actively seeking work. discouraged workers, employed workers, plus those actively seeking work. all adults who are working, plus those not working. all adults who are able to work.
The labor force consists of all individuals who are working or actively seeking work. (option a).
In other words, it encompasses people who are currently employed and those who are unemployed but actively searching for work. The labor force is a critical element of any economy, as it plays a vital role in driving economic growth and development.
One may wonder why discouraged workers are not part of the labor force. Discouraged workers are individuals who have given up on looking for work because they believe no suitable jobs are available. Since they are not actively seeking work, they are not part of the labor force.
In conclusion, the labor force is a crucial aspect of any economy. It consists of all individuals who are working or actively seeking work and plays a significant role in driving economic growth and development.
Therefore, the correct option is (a).
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Marty has been driving his Dad’s old beat up car to work and school. To embarrass him, Biff, the local bully, has challenged Marty to a race. If he wins, he gets $1,000 but if he loses, he pays $1,000.Using his Dad’s old car, Marty guesses that Biff would win 8 times out of 10. This is embarrassing! To Marty, avoiding the humiliation of not racing Biff at all is worth $100.Unknown to Biff, Marty’s mom, Mrs. McFly, is CFO at Luxury Cars Inc. and she often drives home in the $625,000 company Ferrari. If Marty can secretly borrow his Mom’s car, Marty guesses he’ll win 9 times out of 10.There is a catch. Under racing conditions, Marty figures he has a 1% chance of a crash. Using his Dad’s car, he’d pay the $500 insurance deductible. Using his Mom’s car, he’d do $200,000 in damage, but Luxury Cars Inc. is fully insured so Marty would pay nothing. Marty needs to consider his options.What is Marty's payoff now? $279 2. $379 3. $479 4. $579 5. $679.
Marty's payoff can be calculated by considering the potential outcomes of the race and their associated values.
If Marty races using his Dad's car and loses, he would pay $1,000 to Biff. If he wins, he would receive $1,000 from Biff. However, if he avoids the race, he would save himself from the embarrassment, which Marty values at $100. So the potential payoff for using his Dad's car would be $1,000 if he wins and -$1,000 if he loses, taking into account the avoidance value of $100.
If Marty races using his Mom's car and loses, he would pay nothing as Luxury Cars Inc. is fully insured. If he wins, he would receive $1,000 from Biff. However, there is a 1% chance of a crash, which would result in $200,000 in damage, but Marty wouldn't have to pay anything as Luxury Cars Inc. is fully insured. So the potential payoff for using his Mom's car would be $1,000 if he wins and -$200,000 with a 1% chance, taking into account the avoidance of paying for damages.
Based on the probabilities of winning (8 out of 10 with his Dad's car and 9 out of 10 with his Mom's car), Marty's expected payoff would be higher if he races using his Mom's car. Therefore, Marty's payoff would be the highest option, $679, if he chooses to use his Mom's car for the race.
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based on the following information, what is earnings per share? common shares outstanding 115,000 preferred stock dividend $40,000 net income $350,000
The earnings per share (EPS) based on the given information is approximately $2.6957 per common share.
To calculate earnings per share (EPS), we need to divide the net income available to common shareholders by the number of common shares outstanding.
Net Income: $350,000
Preferred Stock Dividend: $40,000
Common Shares Outstanding: 115,000
First, we subtract the preferred stock dividend from the net income to get the net income available to common shareholders:
Net Income available to common shareholders = Net Income - Preferred Stock Dividend
Net Income available to common shareholders = $350,000 - $40,000
Net Income available to common shareholders = $310,000
Next, we divide the net income available to common shareholders by the number of common shares outstanding to calculate EPS:
EPS = Net Income available to common shareholders / Common Shares Outstanding
EPS = $310,000 / 115,000
EPS = $2.6957 (rounded to four decimal places)
So, the earnings per share (EPS) based on the given information is approximately $2.6957 per common share.
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The following are debts in disguise except:I) accounts payableII) leasesIII) underfunded pensions
The correct answer is: I) accounts payable.
Accounts payable are not considered debts in disguise, as they are a legitimate form of short-term borrowing by a company to finance its operations. Accounts payable represent amounts owed by a company to its suppliers for goods or services received on credit. They are recorded as a liability on the company's balance sheet and are typically paid off within a short period, often within 30 to 90 days.
Leases and underfunded pensions, on the other hand, can be considered as debts in disguise. Leases, especially capital leases, represent long-term obligations to make lease payments over the term of the lease, and can have significant financial implications for a company. Underfunded pensions represent future obligations to pay pension benefits to employees or retirees, and any shortfall between the required pension payments and the assets set aside to fund those payments can create a debt-like liability for the company.
It's important for financial analysts and investors to carefully assess a company's liabilities, including accounts payable, leases, and pension obligations, to gain a comprehensive understanding of a company's financial health and its ability to meet its obligations.
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In order to restore the economy of the Soviet Union after World War II, Stalin resorted to all of the following except which? a) A new version of Lenin's New Economie Policy b) Raw materials were extorted from the Soviet satellite states of Eastern Europe c) Goods and materials were removed from occupied Germany
Stalin rejected Lenin's New Economic Policy and instead implemented a command economy focused on heavy industry, collectivized agriculture, and increased government control over the economy.
What is economy?Economy is the study of how individuals, businesses and governments make decisions on how to use limited resources such as land, labor, capital and natural resources in order to produce goods and services that are in demand. It is a complex system that involves the production, distribution, consumption, and exchange of goods and services. Economists study how prices, wages, interest rates, employment, taxes, and government policies affect the overall health of an economy. Economic analysis is a powerful tool for understanding the dynamics of an economy and for evaluating the effectiveness of economic policies. It helps individuals, businesses, and governments make smarter decisions and develop strategies to maximize the economic benefits of their decisions.
This included increasing the production of raw materials and goods, as well as removing goods and materials from occupied Germany. However, he did not resort to extorting raw materials from the Soviet satellite states of Eastern Europe.
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Branch banks must keep enough money on hand to satisfy customers’ cash demands. Suppose the daily demand for cash at a branch of University Bank follows a lognormal distribution with means and standard deviation summarized as follows (in $1,000s):
Monday Tuesday Wednesday Thursday Friday Saturday Sunday Mean $175 $120 $90 $60 $120 $140 $65
Std Dev $ 26 $ 18 $13 $ 9 $ 18 $ 21 $ 9
An armored truck delivers cash to this bank once a week. The manager of the bank can order any amount of cash she desires for this delivery. Of course, running out of cash in any week is very undesirable as customers of the bank expect to be able to withdraw their deposits on demand. Keeping excessive cash reserves would guard against this situation. However, cash is a noninterest earning asset, so there is an opportunity cost for holding excess cash reserves.
a. Suppose the bank manager follows the practice of ordering enough cash to start each week with a balance of $825,000. Create a spreadsheet model to track the daily cash balance throughout the week.
The bank manager orders $825,000 in cash each week.
To track the daily cash balance, create a spreadsheet model with columns for day, mean demand, standard deviation, cash withdrawal, and remaining balance.
1. Label columns: A - Day, B - Mean Demand, C - Standard Deviation, D - Cash Withdrawal, E - Remaining Balance.
2. Fill in days (Monday to Sunday) in column A and corresponding mean demand and standard deviation values in columns B and C.
3. In column D, calculate cash withdrawal using lognormal distribution (use spreadsheet software's lognormal function with mean and standard deviation).
4. In column E, calculate remaining balance by subtracting cash withdrawal from previous day's balance (start with $825,000 on Monday).
5. Repeat steps 3-4 for each day of the week.
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How is the dollar return for a stock over a given period computed? c Change in price plus dividends received Last period's price minus current price Last period's price minus current price plus dividends received Change in price minus dividends received
The dollar return for a stock over a given period is computed by taking the difference between the current price and the previous price, and adding any dividends received during the period. Therefore, the correct option is "Last period's price minus current price plus dividends received".
The dollar return for a stock over a given period is computed using the following formula:
Change in price plus dividends received.
This takes into account both the change in the stock's price and any dividends received during the period, giving you a complete picture of the total return on your investment.
Thus, the correct option is C.
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Consider the market for chewing gum where the demand is perfectly elastic and the supply curve is upward sloping a decrease in supply will result in a decrease in the price of chewing gum. an increase in the quantity of chewing gum sold no change in the price of chewing gum an increase in the price of chewing gum.
We have that, in the market for chewing gum, with perfectly elastic demand and an upward-sloping supply curve, a decrease in supply will result in an increase in the price of chewing gum.
Perfectly elastic demand means that consumers are highly sensitive to price changes and will only buy the product at a specified price. Any increase in price will cause quantity demanded to fall to zero, while any decrease in price will lead to infinite quantity demanded. An upward-sloping supply curve implies that as the price increases, producers are willing to supply more gum.
When there is a decrease in supply (for example, due to a shortage of raw materials or a natural disaster that affects production), the supply curve shifts to the left. With perfectly elastic demand, consumers will not tolerate any price increases. However, due to decreased supply, not all consumers will be able to purchase gum at the initial price.
As a result, the price of gum will increase and the quantity of gum sold will decrease. This is because the new equilibrium will have a higher price level and a lower quantity compared to the original equilibrium.
In summary, a decrease in supply in this market causes an increase in the price of gum and a decrease in the quantity sold.
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what is the price of a 11 year coupon-paying bond, with a coupon rate of 4.5% and a yield-to-maturity of 7%. assume that (i) the face value of the bond is $100, and (ii) coupons are paid, and interest is compounded, semi annually.
The price of a 11-year coupon-paying bond is $759.32.
The face value of a bond is the price paid by the issuer at maturity, often known as "par value."
Formula:
\Begin{equation}
[tex]P = \frac{C/2} {(1+y/2) ^n} + \frac{C/2} {(1+y/2) ^{n+1}} + \cots + \frac{C/2+F}{(1+y/2) ^m}\\[/tex]
\End{equation}
where $P$ is the bond's price, $C$ is the semi-annual coupon payment (equal to 4.5% of the face value of $100, or $4.50), $y$ is the yield-to-maturity (7%), $n$ is the number of semi-annual periods until the bond matures (22), $F$ is the bond's face value ($100), and $m$ is the total number of semi-annual periods. (22).
\Begin{equation}
[tex]P = \frac {$4.50/2} {(1+0.07/2) ^1} + \frac {$4.50/2} {(1+0.07/2) ^2} + \cots + \frac {$4.50/2+$100} {(1+0.07/2) ^ {22}} = $759.32[/tex]
\End{equation}
Therefore, the price of the bond is $759.32.
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cho, an outside neutral party, is helping simplify a conflict between two technical teams of a company. though cho's solution has no binding power, both teams decided to accept her solution. this is an example of
The Trace's solution has no binding power, both teams decided to accept his solution. This is an example of arbitration, option A.
By agreement of the parties, a disagreement is presented to one or more arbitrators through the arbitration process, who then render an official ruling on the matter. Instead of going to court, the parties choose arbitration as a private conflict settlement process.
Only when both parties have consented to the arbitration process can it begin. The parties include an arbitration clause in the relevant contract for any potential future issues emerging under it. A submission agreement between the parties may be used to submit an ongoing dispute to arbitration. A party cannot voluntarily leave arbitration, in contrast to mediation.
Parties have the option to decide on crucial aspects of the arbitration, including the relevant legislation, language, and neutrals of the right nationality. This enables them to make sure that neither party has an edge due to home court.
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Complete question;
Trace, a neutral party outside of Integrated Inc., is helping simplify a conflict between two technical teams of the company. Though Trace's solution has no binding power, both teams decided to accept his solution. This is an example of
arbitration.
fair representation
open-door policy
mediation
progressive discipline,
the crash davis driving school has an roe of 13.7 percent and a payout ratio of 36 percent. what is its sustainable growth rate? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answer: The sustainable growth rate (g) can be calculated using the formula:
g = ROE x (1 - payout ratio)
Substituting the given values:
g = 0.137 x (1 - 0.36)
g = 0.08768 or 8.77%
Therefore, the sustainable growth rate for the Crash Davis Driving School is 8.77%.
Explanation:
Rennie Plant Service completed a special landscaping job for Samuel Company. Rennie uses ABC and has the following predetermined overhead allocation rates: (Click the icon to view the predetermined overhead allocation rates.) The Samuel job included $2,000 in plants; $1,500 in direct labor; one design; and 40 plants. Read the requirements. Requirement 1. What is the total cost of the Samuel job? Overhead: Total overhead allocated Total cost of Samuel job Requirement 2. If Samuel paid $4,600 for the job, what is the operating income or loss? (Enter a loss with a minus sign or parentheses.) If Samuel paid $4,600, Rennie's operating income (loss) on the job is Requirement 3. If Rennie desires an operating income of 25% of cost, how much should the company charge for the Samuel job? If Rennie desires an operating income of 25% of cost, it should charge for the Samuel job. Choose from any list or enter any number in the input fields and then continue to the next question. ? Х X i Data Table Predetermined Overhead Allocation Rate Activity Designing Allocation Base Number of designs Number of plants $300 per design $5 per plant Planting Print Done
Operating income, also known as operating profit, is a measure of a company's profitability that reflects the amount of revenue left over after deducting operating expenses such as cost of goods sold (COGS), salaries, rent, utilities, and other expenses directly related to the company's operations.
Requirement 1: Calculate the total cost of the Samuel job.
To find the total cost, you need to calculate the overhead allocated and then add it to the cost of plants and direct labor.
Overhead costs for designing:
Allocation rate = $300 per design
Number of designs = 1
Overhead for designing = 1 design * $300 per design = $300
Overhead costs for planting:
Allocation rate = $5 per plant
Number of plants = 40
Overhead for planting = 40 plants * $5 per plant = $200
Total overhead allocated = Overhead for designing + Overhead for planting = $300 + $200 = $500
Now, add the costs of plants, direct labor, and overhead:
Total cost of Samuel job = Cost of plants + Direct labor + Total overhead allocated
Total cost of Samuel job = $2,000 + $1,500 + $500 = $4,000
Requirement 2: Calculate the operating income or loss.
Operating income (loss) = Income - Total cost of Samuel's job
Operating income (loss) = $4,600 - $4,000 = $600
Requirement 3: Calculate the charge for the Samuel job to achieve a desired operating income of 25% of the cost.
Desired operating income = 0.25 * Total cost of Samuel's job
Desired operating income = 0.25 * $4,000 = $1,000
To find the desired charge, add the desired operating income to the total cost of the Samuel job:
The charge for the Samuel job = Total cost of Samuel job + Desired operating income
Charge for the Samuel job = $4,000 + $1,000 = $5,000
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network effects can cause the demand for a product either to expand or to contract relative to what it would be if there were no network effects because of
Network effects can cause the demand for a product either to expand or to contract relative to what it would be if there were no network effects because of positive and negative feedback loops.
Positive network effects occur when the value of a product or service increases as more people use it. This can lead to a rapid expansion of demand, as each new user makes the product more attractive to potential users. For example, a social media platform becomes more valuable to users as more people join, since there are more connections and content available. As a result, more users join, and the positive feedback loop continues, driving demand upward.
On the other hand, negative network effects occur when the value of a product or service decreases as more people use it. This can lead to a contraction in demand, as each additional user makes the product less attractive to potential users. For instance, a crowded public transportation system may become less appealing to new riders as congestion increases. As more people opt for alternative modes of transportation, the negative feedback loop continues, causing demand to decline.
In summary, network effects can impact the demand for a product or service through positive and negative feedback loops. These loops either increase or decrease the value of the product as more people use it, ultimately influencing the expansion or contraction of demand relative to what it would be without network effects.
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in the long run, changes in the aggregate price level will be accompanied by _____ proportional changes in input prices. more than less than equal opposite
In the long run, changes in the aggregate price level will be accompanied by equal proportional changes in input prices. This is known as the classical theory of economics, which assumes that markets are efficient and that prices adjust to achieve equilibrium.
In other words, if there is an increase in the aggregate price level due to inflation, input prices such as wages, raw materials, and energy costs will also increase proportionally.One reason for this is that in the long run, firms have the flexibility to adjust their input prices in response to changes in the aggregate price level. For example, if the price of oil increases, firms can find substitutes or reduce their usage of oil, or they can pass the cost onto consumers in the form of higher prices for their products. In this way, input prices can adjust to changes in the aggregate price level.However, it is important to note that this assumption of equal proportional changes in input prices may not hold in the short run. In the short run, firms may have contracts with fixed input prices or face supply shortages, which can cause input prices to be sticky and not adjust immediately to changes in the aggregate price level. Therefore, in the short run, changes in the aggregate price level may be accompanied by either more or less proportional changes in input prices.For more such question on economics
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Company XYZ, a domestic entity, sold goods to a British company on 6/10 with the transaction denominated in Pounds. The sales price of the goods was £200,000, and the cost of the goods was $80,000. The receivable is payable in full on 6/10, and Company XYZ prepares their financials monthly. Relevant exchanges rates are 6/10 £1 = $1.30, 6/30 £1 = $1.25, and 7/10 £1 = $1.35. Based on this information, how much would accounts receivable need to be revalued by on 6/30? a) $4,000 decrease b) $10,000 decrease c) $0 d) $10,000 increase
The accounts receivable balance needs to be revalued by $10,000 decrease. Option B is correct.
To answer this question, we need to calculate the original accounts receivable balance in dollars.
The sales price of the goods was £200,000, and at the 6/10 exchange rate of £1 = $1.30, this is equivalent to $260,000.
The cost of the goods was $80,000, so the gross profit is $180,000. This is the initial accounts receivable balance.
On 6/30, the pound weakened against the dollar, so we need to revalue the accounts receivable balance.
At the 6/30 exchange rate of £1 = $1.25, the £200,000 receivable is now worth $250,000.
The initial accounts receivable balance was $180,000, so the revaluation amount is $70,000 ($250,000 - $180,000).
However, the question is asking how much the accounts receivable balance needs to be revalued on 6/30, which is the change in value from 6/10 to 6/30.
On 6/10, the accounts receivable balance was $180,000, and on 6/30 it is $250,000.
Therefore, the accounts receivable balance needs to be revalued by $70,000 - $180,000 = $10,000 decrease (option B).
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___________ feasibility determines whether there are specific budget limitations on a project decision.
Financial feasibility determines whether there are specific budget limitations on a project's decision. It refers to the analysis of the financial resources needed for the project and whether those resources are available or can be obtained.
This analysis takes into account the costs associated with the project, including both upfront costs and ongoing operational expenses. If the financial feasibility analysis shows that the project's costs exceed the available resources or are not sustainable, it may not be considered viable. Financial feasibility is an important factor to consider when making project decisions, as it ensures that the project can be completed within a set budget and is financially viable in the long term.
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I am an investor in the company ___ you need to address my concerns. I drove to the city ___ stopped by the office. Which is the correctly punctuated sentence? O Beth who used to work in quality assurance is now working with the sales team. O Beth, who used to work in quality assurance, is now working with the sales team. O Beth who used to work in quality assurance, is now working with the sales team.
The correctly punctuated sentence is "I am an investor in the company; you need to address my concerns. I drove to the city and stopped by the office."
The correct punctuation for the sentence about Beth is: "Beth, who used to work in quality assurance, is now working with the sales team." This is because "who used to work in quality assurance" is an essential clause that provides important information about Beth and should not be separated from the rest of the sentence with commas.
The correct option is B.
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The organizational patterns used in prepared speeches are not relevant when speaking impromptu.a. Trueb. False
The organizational patterns used in prepared speeches are not relevant when speaking impromptu. b. False
Although prepared speeches have a distinct structure or organizational pattern, impromptu speeches also rely on effective organization to effectively communicate a message to the audience. Even when speaking impromptu, speakers must still consider their purpose, audience, and topic before speaking.
They may choose to use a chronological organization, a cause-effect organization, a problem-solution organization or any other logical structure to effectively convey their message. Without organization, an impromptu speech can easily become confusing, uninteresting or fail to engage the audience. Therefore, it is important to employ organizational patterns when speaking impromptu to ensure an effective and engaging delivery.
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angela saved $20,000 and acquired another $20,000 as a short-term loan from her parents to start a kid-friendly coffee shop. the $40,000 that angela is ready to invest in this new venture is known as
at least 2
the answer is a number and the odds that they are greater than 2 are more than not. i am both correct and incorrect
The $40,000 that Angela has saved and acquired as a loan from her parents is known as the initial investment or startup capital.
Angela has saved $20,000 and received a $20,000 short-term loan from her parents, totalling $40,000 to start her kid-friendly coffee shop.
The $40,000 that Angela has prepared to invest in this new venture is known as her initial capital. This initial capital is crucial for covering startup costs, such as purchasing equipment, paying for the lease, and stocking inventory.
As Angela's business progresses, she will need to generate enough revenue to cover ongoing expenses and repay the short-term loan to her parents. With careful planning and effective management, Angela can successfully launch her coffee shop using her initial capital.
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In one hour, Sue can produce 40 caps or 4 jackets and Tessa can produce 80 caps or 4 jackets.Sue's opportunity cost of producing a cap is______ jackets and Tessa's opportunity cost of producing a cap is_____ jackets.________has a comparative advantage in producing caps.If Sue and Tessa specialize in producing the good in which they have a comparative advantage,,_______A. Sue; Tessa gains but Sue losesO B. Tessa; Sue loses but Tessa gains OC. Tessa; both Sue and Tessa gain OD. Sue; both Sue and Tessa gain O E. Tessa; Tessa loses but Sue gains
In one hour, Sue can produce 40 caps or 4 jackets and Tessa can produce 80 caps or 4 jackets.Sue's opportunity cost of producing a cap is 1/10 jackets and Tessa's opportunity cost of producing a cap is 1/20 jackets. Tessa has a comparative advantage in producing caps.If Sue and Tessa specialize in producing the good in which they have a comparative advantage, both Sue and Tessa gain.
Sue and Tessa would benefit if they both specialized on producing the good in which they have a competitive advantage.
This is because by specializing on the good in which they have a comparative advantage, they may produce more of it and trade with one another, leading in higher overall production and consumption.
The correct answer is "D".
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which, if any, pairs of traders has a double coincidence of wants? a. bill with mike b. tim with amy c. bill with mike, and tim with amy d. bill with tim, and mike with amy
A double coincidence of wants occurs when two traders have goods or services that the other wants, and they can trade with each other without the need for money. Option c. Bill with mike, and time with Amy
Looking at the given pairs of traders, it is difficult to determine if any of them have a double coincidence of wants without additional information about their needs and offerings.
However, Bill and Mike may have a double coincidence of wants if Bill has goods or services that Mike wants, and vice versa. Similarly, Tim and Amy could have a double coincidence of wants if they have complementary needs and offerings.
It is also possible that none of the pairs has a double coincidence of wants. Without more information, it is difficult to make a definitive determination.
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when the seller provides the buyer with a document enabling the pickup of goods held at an independent warehouse, the risk of loss passes to the buyer when the:
The risk of loss passes to the buyer when the: Document is delivered, Buyer receives the document, Goods are available for pickup
When the seller provides the buyer with a document enabling the pickup of goods held at an independent warehouse, the risk of loss passes to the buyer when the:
1. Document is delivered: The seller provides the necessary document, such as a warehouse receipt or bill of lading, to the buyer. This document grants the buyer the right to collect the goods from the independent warehouse.
2. Buyer receives the document: The buyer obtains the document from the seller, either physically or electronically. This marks the transfer of ownership and risk of loss for the goods.
3. Goods are available for pickup: The independent warehouse makes the goods accessible for the buyer to collect, ensuring that they are prepared for transport or collection.
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An advantage of the establishment survey over the household survey of the labor market is that the establishment survey:A) includes persons employed at newly opened firms.B) includes the number of self-employed persons.C) is based on actual payrolls rather than on unverified answers.D) provides an estimate of the number of persons unemployed.
The advantage of the establishment survey over the household survey of the labor market is that it is based on actual payrolls rather than on unverified answers.
This means that the establishment survey provides more accurate data on employment and wages because it is collected directly from employers. Additionally, the establishment survey includes persons employed at newly opened firms, which the household survey may not capture. However, unlike the household survey, the establishment survey does not provide an estimate of the number of persons unemployed.
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