If a change in one or more non-price determinants of demand causes the demand curve to shift, then the supply curve must necessarily also shift to keep up with the demand

Answers

Answer 1

No, the supply curve does not necessarily shift when there is a change in non-price determinants of demand.

The supply curve represents the relationship between the price of a good and the quantity that producers are willing and able to supply. It is not directly affected by changes in demand. When there is a change in non-price determinants of demand, such as income, tastes and preferences, or the price of related goods, the demand curve will shift. This means that at each price level, the quantity demanded will be different. However, the supply curve remains unchanged unless there is a change in the non-price determinants of supply. If there is a change in the non-price determinants of supply, such as input costs, technology, or government regulations, then the supply curve will shift. This means that at each price level, the quantity supplied will be different. It is important to understand that changes in demand and supply can have different effects on equilibrium price and quantity. If there is an increase in demand and no change in supply, the equilibrium price and quantity will both increase. If there is a decrease in supply and no change in demand, the equilibrium price will increase and the equilibrium quantity will decrease. To illustrate this concept, let's consider an example. Imagine there is an increase in consumer income. This increase in income leads to an increase in demand for luxury goods, such as high-end smartphones. As a result, the demand curve for these smartphones will shift to the right, indicating a higher quantity demanded at each price level.

However, the supply curve for these smartphones will not necessarily shift due to the change in consumer income. The quantity supplied at each price level remains the same unless there is a change in the non-price determinants of supply, such as the cost of producing smartphones. Therefore, the supply curve does not necessarily shift to keep up with changes in demand. It is important to analyze both demand and supply factors separately to understand their individual effects on the market equilibrium. In conclusion, a change in non-price determinants of demand can cause the demand curve to shift, indicating a change in quantity demanded at each price level. However, the supply curve does not automatically shift as a response to changes in demand. The supply curve is influenced by the non-price determinants of supply, and a change in these determinants can cause the supply curve to shift. Understanding the relationship between demand and supply is crucial in analyzing market dynamics and determining equilibrium price and quantity.

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Related Questions

WILL MARK BRANLIEST!!!!!
Which portion would not be part of an investment portfolio? (Select the best answer.) commodities funds

a savings account

a savings 529 plan

equity investments in a company

Answers

Answer:

a savings 529 plan

Hope this helps plz mark me brainliest

Answer:

A savings account

Explanation:

Took the quiz

Which of the following is NOT a deception method of customers
A)Warning label
B)Pigeon Drop
C)Ponzi Scheme
D)Bait and Switch

Answers

So i feel the answer to this is obvious because a warning label is not meant to trick a consumer so the answer would be a since the rest are trying to bait costumers into something. hope this helps and makes sense to you.

After adjusting your seat, your _____ should be as close as possible to the backrest.
A. hands
B. arms
C. bottom
D. legs

Answers

Answer:

C. Bottom is the answer

Explanation:

My parents would always yell at me to scooch backwards in the car if I was leaning too far forward. I don't need to know how to drive to know this.

This is a question about driving right? Lol, cause if it's not, sorry.

Which of the following is true of small business owners?
A. the work business owners do requires little physical stamina.
B. the business owner starts with a business plan.
C. the business owner need to know little about management and finance. D. it's easy for most business owners to find a marketable idea.

Answers

Answer:

B

Explanation:

I mean, hopefully, they made a business plan lol. If you don't plan out your business right, you'll have a hard time making it become successful without a good plan.

Two friends wanted to decide where to go for dinner. Their conversation went like this: "We need to get something to eat. How about Sharky's so we can watch the game on TV? No, Sharky's is too noisy. Ok, how about we get pizza at the Pie Hub? The Hub is great with me." In that conversation the statement "The Hub is great with me" would be analyzed and mapped as __________.

Answers

This question is incomplete because the options are missing; here are the options:

In that conversation the statement "The Hub is great with me" would be analyzed and mapped as __________.

A. A counterargument

B. The chosen alternative

C. Rejected alternative

D. A reason

E. A recognition of the need to decide

The correct answer is The chosen alternative

Explanation:

Mapping or analyzing an argument involves considering the function of each part of the argument in terms of categories such as reason, the main argument, counterargument, etc. In the case of the argument presented, the main point is where to eat. Moreover, there are two alternatives: Sharky's and Pie Hub. In this case, Sharky's is the first alternative and the rejected alternative because from the options available this is not chosen. Moreover, the second alternative is the chosen alternative; this is expressed in "The Hub is great with me" because this line shows both speakers have agreed on a place to it and this option or possible solution has been chosen.

Which of the following vehicles would have a lower insurance premium?
O A brand new SUV
O A used town car

Answers

Answer:

A used town ca

Explanation:

Because its used and that insures that it works so it makes the insurance go down

The correct answer is option B.

A used town car would have a lower insurance premium.

Insurance premium

An insurance premium is the amount of money an individual or business pays for an insurance policy. Insurance premiums are paid for policies that cover healthcare, auto, home, and life insurance.

What is an example of a premium in insurance?

A premium is the price of the insurance you've chosen, charged by your insurance company. A deductible is an amount you have to pay before your insurance company initiates coverage. For example, if your car insurance premium is $800 per year, you must pay your insurer $800 per year to have the insurance.

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All of the following are career pathways in the Architecture and Construction
Career Cluster except.
A. Design/Pre-Construction.
B. Construction.
C. Power, Structural, and Technical Systems.
D. Maintenance/Operations.

Answers

C. Power, Structural, and Technical Systems.

correct me if im wrong

Answer:

The answer is C.

Explanation:

I took the test. Hope this helps! ;) <3

Trish bought a new computer that she has been using for a few weeks. She is starting to experience pain in her wrists, back and neck. What measure should Trish take to reduce strain while working on the computer?

A. complete all her work soon on the computer by sitting at a stretch
B. maximize the brightness of the screen to concentrate better
C. ensure back support by using cushions
D. keep hands and wrists stiff while typing

Answers

Answer:

C ensure back support by using cushions

Answer:

C

Explanation:

Her problem is that be back is hurting, and adding cushions will ensure back support and then that will not be a problem for her anymore.

Max works at Pizza Palace 20 hours each week at a rate of $10 per hour. He is paid every two week. Calculate his gross and net pay. (Social Security 6.2%, Medicare 1.45%, and Federal and State Tax 10%)

Answers

Answer:

$329.4

Explanation:

Max earns $10 per hour. If he works for 20 hours each week, his weekly pay will be $10  times 20 hours

=$10 x 20 hours

=$200

He is paid every two weeks. His gross pay is $400. ($200 x 2)

Net pay would be gross pay -deductions

Deductions.

Social security

= 6.2% x  $400

=$24.8

medicare

=1.45% x $400

=$5.8

Federal and State Tax

=10% x $400

=$40

Total deductions = $24.8 +$5.8 +$40=$70.6

Net pay =$400 -$70.6

=  $329.4  

Harry's Hardware uses a perpetual inventory system. During September 20X3, the following purchases and sales transactions occurred:
i. Goods sold on credit for $4 000 plus GST (cost $3 280) were returned.
ii. Purchased goods on account for $5 000 plus GST;
iii. Paid for the balance of the purchase in time to receive a discount of 2% of the purchase price; and
iv. Sold goods costing $15 300 for $22 600 plus GST. Cash of $10 000 was received with the balance on credit.
Required: Prepare general journal entries to record the above transactions.

Answers

General Journal Entries:

i. Accounts Receivable - Sales Returns and Allowances $4,000

    GST Payable - Sales Returns and Allowances $400

    Cost of Goods Sold $3,280

    Inventory $3,280

ii. Inventory $5,000

    Accounts Payable $5,500

   GST Payable $500

iii. Accounts Payable $5,000

    GST Payable $100

    Cash $4,900

    Inventory $5,000

iv. Accounts Receivable $26,060

    Sales $22,600

    GST Payable $2,460

    Cost of Goods Sold $15,300

    Inventory $15,300

i. The return of goods sold on credit is recorded by reducing the accounts receivable and GST payable, while increasing the inventory and cost of goods sold.

ii. The purchase of goods on account is recorded by increasing the inventory and accounts payable, along with the GST payable.

iii. The payment for the purchase balance with a discount is recorded by reducing the accounts payable and GST payable, while decreasing cash and increasing the inventory.

iv. The sale of goods is recorded by increasing the accounts receivable, sales, and GST payable, while increasing the cost of goods sold and decreasing the inventory. The cash received is recorded separately as a debit to cash and a credit to accounts receivable.

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From your experience, what does a person's "cultural fit" with the organization mean? Discuss a time you have experienced either cultural fit or non-fit in terms of Organizational Culture.
Please I need at least 250 words.

Answers

From my experience, a person's "cultural fit" with an organization refers to how well their values, beliefs, and behaviors align with the organization's culture. It is about whether a person feels comfortable.

And can thrive within the organization's environment and work effectively with its employees. In terms of organizational culture, I have experienced both cultural fit and non-fit in my previous workplace. In a job where teamwork and collaboration were highly valued, I felt a strong cultural fit. I enjoyed working with my colleagues and felt supported by the organization's emphasis on cooperation.

We shared similar values and had a common goal of achieving success through teamwork. This cultural fit made it easier for me to integrate into the team, contribute ideas, and build strong working relationships. However, in another job where individual achievement was prioritized over collaboration, I experienced a cultural non-fit. The organization had a competitive culture where employees were encouraged to outperform each other. As someone who values teamwork and cooperation, I found it challenging to thrive in this environment. I felt isolated and struggled to connect with my colleagues.

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What financing source involves wealthy individuals giving their money to fund a startup?

Answers

Answer:

Angel Investors

Explanation:

Angel investment is when a person or a group of individuals use their finances to fund a startup. These investors are wealthy and consider it fit to finance entrepreneurs based on business ideas and proposals.

Angel investors usually have excess funds and willing to risk in the early stages of a startup in anticipation of bigger returns when the business succeeds. Angel investors gain percentage ownership in the business in exchange for funding. They also offer mentorship to entrepreneurs.

Which one of the following businesses would you classify as being in the secondary sector of industry?

A) Oil exploration company
B) Family run farm business
C) Taxi operating business
D) Shoe manufacturer

Answers

Answer:

shoe manufacturer

Explanation:

What type of economy is an economic system in which private businesses can operate freely with minimal state control?Henry lives in a country where the government gives many incentives to produce military goods and few incentives to produce consumer goods. Henry knows a more efficient way to finish his task at work and feels like sharing it with his boss. However, he has no incentive to share it. Which type of economy does Henry most likely live in?

Answers

Answer:

Private business freedom : Capitalist or Market Economy. Henry is more likely in Socialist Economy.

Explanation:

Economy type in which private sector has full freedom, un-intervened by government or state control is Capitalist or Market Economy. Profit maximisation motive & high consumer choice, sovereignity such economy's main features.

Henry's country which gives incentives to reallocate production choice 'what to produce' (from consumer goods to military goods). He has more efficient idea for work implementation, but lacks incentive (probably due to lack of creative & innovative ideas reward). These features characterise a Socialist Economy, in which government or state has supreme power over central economic decisions. Social welfare is considered priority, government monopoly curbs innovation & creativity, there is less consumer choice, sovereignity.

Help me please ASAP.

Answers

your answer is D because i took the test a couple of days back

1. Start by defining the qualities of managers. What makes a good manager? Provide at least five examples.

2. Next, define at least five qualities of leaders. What makes a good leader?

3. Finally, compare and contrast your lists. Does leadership cross-over with management? If there is an overlap explain why. If there is no overlap explain why these would not intersect.

Answers

1. Qualities of Managers:
- Strong Communication Skills: A good manager should possess excellent communication skills to effectively convey information, instructions, and expectations to their team. They should be able to listen actively, provide feedback, and ensure that everyone understands their roles and responsibilities.
- Leadership Abilities: Managers need to be able to inspire and motivate their team members. They should have the ability to set clear goals, delegate tasks, and provide guidance and support to help their team achieve success.
- Decision-Making Skills: Managers must be able to make informed decisions quickly and efficiently. They should be able to analyze different options, consider the potential outcomes, and choose the best course of action for their team and the organization as a whole.
- Problem-Solving Skills: A good manager should be able to identify and address problems that arise in the workplace. They should be able to think critically, analyze situations, and come up with practical solutions that benefit both the team and the organization.
- Adaptability: Managers should be flexible and able to adapt to changing circumstances. They should be open to new ideas, willing to learn, and able to adjust their plans and strategies as needed to meet evolving needs and challenges.

2. Qualities of Leaders:
- Visionary: A good leader should have a clear vision for the future and be able to inspire others with that vision. They should be able to communicate their goals and inspire their team to work towards a common objective.
- Empathy: Leaders should be able to understand and connect with their team members on a personal level. They should be able to listen to their concerns, provide support, and create a positive and inclusive work environment.
- Integrity: Leaders should demonstrate honesty, trustworthiness, and ethical behavior. They should lead by example and set high standards of integrity and professionalism for their team.
- Decision-Making Skills: Like managers, leaders need to be able to make effective decisions. They should consider different perspectives, gather information, and make decisions that align with the overall vision and goals of the organization.
- Emotional Intelligence: A good leader should possess emotional intelligence, which includes self-awareness, self-regulation, empathy, and social skills. They should be able to understand and manage their own emotions and also be able to understand and relate to the emotions of others.

3. Comparison and Contrast:
There is a significant overlap between leadership and management qualities. Many of the qualities mentioned for both managers and leaders are similar, such as strong communication skills, decision-making abilities, and the ability to inspire and motivate others. Both leaders and managers need to possess these skills to effectively guide and support their teams.

However, there are also some differences. While managers focus on the day-to-day operations and achieving specific goals, leaders have a broader vision and focus on setting long-term objectives and inspiring others to work towards them. Leaders often have a more strategic and visionary role, while managers are more focused on executing plans and ensuring tasks are completed.

In summary, leadership and management are closely related, with similar skill sets required for success. The main difference lies in the scope and focus of their responsibilities. Managers primarily focus on tasks and operations, while leaders focus on inspiring and guiding their team towards a shared vision.

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Chose one scenario and write a paragraph on why you chose it. It’s for economics please help meee

Answers

B
I would prefer to start a babysitting service in my neighborhood because I would be the only business providing this service therefore meaning there wouldn't be any competition. This means that I would be able to make more money as there would be quite a few people with children who need taking care of.

Krista purchased a second-hand whipping machine without ever having seen it. Amy, the seller, had described it as "new the previous year" and "used it to bake only 2 or 3 cakes". The whipping machine was very old. Krista paid for it in cash but was not happy upon viewing the actual whipping machine.
Based on the Sale of Goods Act 1957, advise Krista. ( 30 Marks )

Answers

According to the Sale of Goods Act 1957, Krista may have certain legal rights and remedies in this situation.

The Act provides protection for buyers in cases where goods do not meet the expectations or description provided by the seller. Here is some advice for Krista based on the Act:

Breach of Warranty: Amy, the seller, described the whipping machine as "new the previous year" and "used it to bake only 2 or 3 cakes." If the actual condition of the machine significantly differs from the description provided, it could be considered a breach of warranty.

Right to Reject: Under the Act, if the goods do not conform to the contract (i.e., the description provided), Krista may have the right to reject the whipping machine. However, this right must be exercised within a reasonable time.

Legal Remedies: If Amy refuses to accept the rejection or fails to provide a satisfactory resolution, Krista may seek legal remedies. This can include filing a lawsuit to claim damages or requesting a refund of the purchase price.

It's important to note that the specific circumstances, additional terms of the sale, and applicable laws may influence the outcome. Therefore, it is advisable for Krista to consult with a lawyer who specializes in contract and consumer law to assess her case thoroughly and provide personalized advice.

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Write a question keep it simple

Answers

Answer:

Why do people break up if they love each other?

Explanation:

sorry it's not simple lol

he U.S. government's ability to pay for Social Security in the near future is a problem because:

Answers

Answer:

Our country's notional debt

Explanation:

Calculate the 4-day moving average for the following data (Remember that
you're finding 4 different averages)"
1
2
3
4
$182.60
$172.95
$160.08
$175.83
$152.01
$157.89
$148.48
5
6
7
Your answer

Answers

Answer:

116 . 100. 560 . 58

257 . 1100. 342 . 186

Question 12 When you get a vaccine, it benefits others because you can't get them sick. If left to the free market, the socially optimal amount of vaccines would be produced. vaccines would be underproduced. vaccines would be overproduced.​

Answers

Answer:

yup you are right i think so idrk

Which of the following occupations is most responsible for ensuring the quality and safety of the food
supply chain?
O chefs
O farmers
O grocery store owners
O food processors

Answers

I would say farmers because all of they rely on their food producs

Answer: I am pretty sure the answer the answer would be the farmers

Explanation: the food comes form the farmers, including meats, veggies, fruits, well you get the point. And if there is something bad with one of the meat animals, they are in charge of not selling the "bad meat" to any stores or big meat companies

After learning about social media ethics, what 5 things would you tell other high school students positive or negative about social media and how it will potentially affect their high school experience and their potential career?

Answers

1. A positive is meeting and learning from new people 2. social media Can be dangerous to mental health 3 Stay in touch with distant people 4. Learn subjects 5. What you say online can bite you on the butt

Simply Imagine wants to grow their company but is hindered by increasing labor costs and import quotas.
Simply Imagine should consider becoming a(n)
(A) countertrader (B) wholly owned subsidiary (C) strategically(D) mulimatiomnal (E) franchiser

Answers

Answer:

multinational

Explanation:

A multinational business operates in at least one other country apart from its home country. The company will have factories/ offices in different countries and its headquarters in the domicile state. The operations of a multinational are coordinated at its headquarters.

By becoming a multinational, simple imagine can expand in countries with relatively cheap labor. It will overcome the import quota challenge by operating from a country without restrictions or from the source state.

It is the idea being transmitted by the sender to the receiver. It includes three aspects — content , structure and style

Answers

Answer:

decodes and feedback.

Explanation:

It is a message since it is written or recorded words or information sharing or ideas conveyed by the sender to the receiver.  It includes information and communication, how important and useful information is, and can be read in order to understand it.  The structure of a message is tone.

The Style includes how the sender composes and writes a message.

Message is the idea being transmitted.

A Message is a form of communication sent to a recipient who is not present physically and its can be in verbal, written or recorded form.

Message is one of the essential elements of communication process. The other process includes Sender, Encoding, Interference, Communication channel, Receiver, Decoding and Feedback

Roughly, there are 3 purposes for passing message

To inform people of certain subject.To persuade others to do one biddingTo builds one's goodwill.

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Clark & Scott Corporation is the biggest snowmobile manufacturer in the world. It reported the following amounts in its financial statements (in millions).

2017 2018
Net Sales Revenue $ 3,700 $ 3,160
Cost of Goods Sold 2,880 2,400
Average Inventory 380 320
1.a) Calculate the inventory turnover ratio for 2018 and 2017. (Round your answers to 1 decimal place.)

Times per Year
2018 2017
Inventory Turnover Ratio
1.b) Calculate the average days to sell inventory for 2018 and 2017. (Use 365 days in a year. Use rounded "Inventory Turnover Ratio" and round your answers to 1 decimal place.)

Days
2018 2017
Average Days to Sell Inventory
(Need answers for both 2018 and 2017)

2.) Did inventory turnover at Clark & Scott improve or decline in 2018?

3.) Calculate the 2018 gross profit percentage. (Round your answer to 1 decimal place.)

Gross profit percentage for 2018 %

Answers

The inventory turnover ratio for 2018 was 7.5 times per year, and the average days to sell inventory was 48.7 days. The inventory turnover declined slightly in 2018 compared to 2017. Additionally, the gross profit percentage for 2018 was 24.1%.

1.a) To calculate the inventory turnover ratio, we divide the cost of goods sold by the average inventory.

For 2018:
Inventory Turnover Ratio = Cost of Goods Sold / Average Inventory
Inventory Turnover Ratio = $2,400 million / $320 million
Inventory Turnover Ratio = 7.5 times per year

For 2017:
Inventory Turnover Ratio = Cost of Goods Sold / Average Inventory
Inventory Turnover Ratio = $2,880 million / $380 million
Inventory Turnover Ratio = 7.6 times per year

1.b) To calculate the average days to sell inventory, we divide 365 by the inventory turnover ratio.

For 2018:
Average Days to Sell Inventory = 365 / Inventory Turnover Ratio (2018)
Average Days to Sell Inventory = 365 / 7.5
Average Days to Sell Inventory = 48.7 days

For 2017:
Average Days to Sell Inventory = 365 / Inventory Turnover Ratio (2017)
Average Days to Sell Inventory = 365 / 7.6
Average Days to Sell Inventory = 48.0 days

2) The inventory turnover ratio decreased from 7.6 times per year in 2017 to 7.5 times per year in 2018. This indicates a slight decline in inventory turnover at Clark & Scott Corporation in 2018.

3) To calculate the gross profit percentage, we divide the gross profit by the net sales revenue and multiply by 100.

Gross Profit Percentage for 2018 = (Net Sales Revenue - Cost of Goods Sold) / Net Sales Revenue * 100
Gross Profit Percentage for 2018 = ($3,160 million - $2,400 million) / $3,160 million * 100
Gross Profit Percentage for 2018 = $760 million / $3,160 million * 100
Gross Profit Percentage for 2018 = 24.1%

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which of the following should be pracited among all co workers in the workplace
a.bullying
b.discrimination
c.stereotyping
d.tolerance

Answers

Answer:

c

Explanation:

Answer:

D. Tolerance

Explanation:

Because what, you souldnt do any of the others, dude, teachers sometimes

Helppp please
The fact that a country has less strict labor laws and relaxed environmental regulations are strong reasons for a
company to move production facilities to that country.
True
False

Answers

The answer has to be true

Answer:true

Explanation: I just took the test

You bought a stock one year ago for $51.25 per share and sold it today for $59.96 per share. It paid a $1.74 per share dividend today. a. What was your realized retum? b. How much of the retum came from dividend yield and how much came from capital gain? a. What was your realized return? The realized return was \%. (Round to two decimal places.)

Answers

a. To calculate your realized return, you need to consider both the capital gain and the dividend yield. The capital gain per share is $59.96 - $51.25 = $8.71.



First, let's calculate the capital gain. The capital gain is the difference between the selling price and the buying price. In this case, the selling price is $59.96 per share, and the buying price is $51.25 per share. Therefore, the capital gain per share is $59.96 - $51.25 = $8.71.

Next, let's calculate the dividend yield. The dividend yield is the dividend per share divided by the buying price. In this case, the dividend per share is $1.74, and the buying price is $51.25 per share. Therefore, the dividend yield is $1.74 / $51.25 = 0.0339 or 3.39%.



To calculate the realized return, we sum the capital gain and the dividend yield. The realized return is $8.71 + 3.39% = $8.71 + ($51.25 * 0.0339) = $8.71 + $1.74 = $10.45.

b. From the realized return of $10.45, $1.74 came from the dividend yield, and the remaining amount of $8.71 came from the capital gain.

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IKEA Evolution of StrategyAll SectionsI think IKEA started from international strategy, but they realized that they need to expand their strategy into the global standardization strategy to stay competitive in the global market. IKEA implemented the global standardization strategy by working with their suppliers closely to focus on lowering their manufacturing cost without compromising on quality.Not only did they evolve from international strategy to global standardization strategy, they also used localization strategy to give them a competitive edge. This can be seen through the subtle differences among IKEA offerings in North America, Europe, and China.Subscribe Over the last 40 weeks, Mr. John has lost $2400 playing the lottery. What is his average loss per week? write any four difference between email and effects story writing pls help me guys Carbon 14 is a radioactive isotope of carbon, the most common isotope of carbon being carbon 12. Carbon 14 is created when cosmic ray bombardment changes nitrogen 14 to carbon 14 in the upper atmosphere. The resulting carbon 14 combines with atmospheric oxygen to form radioactive carbon dioxide, which is incorporated into plants by photosynthesis. Animals acquire carbon 14 by eating plants. When an animal or plant dies, it ceases to take on carbon 14, and the amount of isotope in the organism begins to decay into the more common carbon 12. Carbon 14 has a very long half-life, about 5730 years. That is, given a sample of carbon 14, it will take 5730 years for half of the sample to decay to carbon 12. The long half-life is what makes carbon 14 dating very useful in dating objects from antiquity.Consider a sample of material that contains A(t) atoms of carbon 14 at time t. During each unit of time a constant fraction of the radioactive atoms will spontaneously decay into another element or a different isotope of the same element. 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Find an initialsolution using the northwest corner rule.ToFromDestinationPDestinationRDestinationTSUPPLYSource What is the impact of Digitalization and Digitization on the Organization behavior i.e Organization Structure , Employees , Customers , Competitors and etc...Share a case study to explain the positive and negative impact . 7. in a purely capitalist system, all choices about what, how, and for whom things will be produced originate with households the legal system individuals. government offic society as a whole A mixed What type of natural selection selects for both the extremes ofa phenotype in a population?aDirectional selectionb Stabilizing selectionC Disruptive selection True/False____ 1. The amount of the depreciation expense for the second full year of use of a fixed asset costing $100,000, with an estimated residual value of $5,000 and a useful life of 4 years, is $25,000 by the declining-balance method at twice the straight-line rate.____ 2. The manner of reporting cash flows from the investing and financing activities sections will be different under the direct method as compared to the indirect method.____ 3. If the market rate of interest is 8% and a corporation's bonds bear interest at 7%, the bonds will sell at a premium.____ 4. If the straight-line method of amortization is used, the amount of unamortized premium on bonds payable will decrease as the bonds approach maturity.____ 5. The direct method of preparing the operating activities section of the statement of cash flows reports major classes of gross cash receipts and gross cash payments.____ 6. When you are interpreting financial ratios, it is useful to compare a company's ratios to some form of standard.____ 7. The acquisition costs of property, plant, and equipment should include all normal, reasonable and necessary costs to get the asset in place and ready for use. Based on the details in "Albert Schweitzer: A Life of Service and Sacrifice, Schweitzer returned to Africa alone becausehis wife Helene had died of an illness while she was in Europe.Helene had not recovered her strength after having tuberculosis.he and Helene believed that their daughter should be raised in France.the hospital grounds in Africa had become too overgrown for Helene. escribe how relative frequencies of past events are used to predict future events. (for example, if a student passed seven out of ten assignments in a course, what do you think is the probability that this student will pass the next assignment in the course? how did you calculate this probability?) Will mark Brainless. Plzzzzz Help Kelly invests in a partnership NOT subject to passive activitylimitationsInvestment amount$40,000Partnership interest20%Partneship takes out mortgage$800,0 three sites were assessed for water quality, and the results were summarized in the table above. at which site is the pollution from agricultural runoff containing excess fertilizer most likely? IXL learning diagnostic Your division is considering two investment projects, each of which requires an up-front expenditure of $15 million. You estimate that the investments will produce the following net cash flows. a) What are the two projects' net present values, assuming the cost of capital is 5% and 10%? b) Discuss your results (before and after considering the time value of money) Lachlan Corp. establishes Serouya Ltd. for the sole purpose of developing a new product to be manufactured and marketed by Lachlan. Lachlan engages Mr. Jiang to lead the team to develop the new product. Mr. Jiang is named Managing Director of Serouya at an annual salary of $100,000, $10,000 of which is advanced to him by Serouya at the time Serouya is established. Mr. Jiang invests $10,000 in the project and receives all of Serouyas initial issue of 10 shares of voting common shares.Lachlan transfers $500,000 to Serouya in exchange for 7%, 10-year bonds convertible at any time into 500 shares of Serouya voting common shares. Serouya has enough shares authorized to fulfill its obligation if Lachlan converts its bonds into voting common shares.The constitution of Serouya provides certain powers for the holders of voting common shares and the holders of securities convertible into voting common shares that require a majority of each class voting separately. These include: the power to amend the corporate purpose of Serouya, and the power to authorize and issue voting shares of securities convertible into voting shares.At the time Serouya is established, there are no known economic legal impediments to Lachlan converting the debt.1. Which of the following statements is true?a. Mr. Jiang has control over Serouya because he owns the 10 voting sharesb. No one party has control over Serouyac. Lachlan has control over Serouya because it has the power to determine the significant business decisions2. Which of the following is not a factor in determining control?a. the lack of interest in converting the convertible debenturesb. the power to issue additional voting sharesc. the power to amend the corporate purpose of Seryoua3. Which factor should Lachlan consider to determine if it has control over Seryoua?a. Lachlan's intent in asking for conversion of the bondsb. The number of shares owned by Mr. Jiangc. Lachlan's ability to convert the bonds at any time4. Which factor is least relevant in the determination that Lachlan has control over Seryoua?a. Lachlan can convert the bonds at any timeb. Lachlan has the ability to issue addtional shares of Seryouac. Mr. Jiang owns 10 voting shares