Answer:
if the price elasticity of demand for a good is 2.0 then a 10 percent increase in price results in a 20 percent decrease in the quantity demanded.
Although licensing is a method of beginning international business, many firms view it as a limitation rather than an opportunity because?
International licensing is a foreign market entry mode which presents many disadvantages and reasons why companies do not use it as opportunity but sees it as a limitation because there is:
Lower level of income in this mode than in other entry modes.
Risk of having the reputation and trademark ruined by an incompetent partner
Loss of control of the licensee manufacture and marketing operations and practices which leads to the loss of quality.
The foreign partner can become a competitor also by selling its products in places where the parental company has a presence.
International licensing is a business arrangement in which one company gives another company a permission to manufacture its product for a specified payment.
Licensing is also defined as the granting of permission by the licenser to the licensee in order to use intellectual property rights, such as patents, trademarks, brand names, or technology etc.
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In the open-economy macroeconomic model, the source of the supply of loanable funds is:_______
In the open-economy macroeconomic model, the source of the supply of loanable funds is national savings.
The demand for loanable funds comes from domestic investment (I) and net capital outflows (NCO). The delivery and demand for a loanable budget depend on the actual interest price. A higher real interest rate encourages people to store, i.e. growth the supply of loanable funds.
The delivery of loanable funds comes from people and groups, together with government and businesses, that have determined not to spend some of their cash, however as a substitute, store it for funding functions. One way to make an investment is to lend money to debtors at a rate of interest.
The deliver of loanable price range represents the behavior of all the savers in an economy. The better interest price that a saver can earn, the much more likely they're to store cash. As such, the supply of loanable finances suggests that the quantity of savings to be had will increase as the interest charge will increase.
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What liabilities does the business have after all transactions have been recorded?
The business have current liabilities and non current liabilities after all transactions have been recorded. Current liabilities include the balance of the wages, interest and dividend payable. However non current liabilities include long term debts.
A liability is an obligation between one party and another which has not been yet completed or paid for.
A financial liability is also an obligation but it is better defined by the previous business transactions, events, sales, exchange of assets or services, or anything that would provide economic benefit at a later date.
Liabilities are considered as short term or long term. They are also known as current or non-current depending on the context. They can include a future service owed to others which includes short or long term borrowing from banks, individuals or other entities . Most companies will have these two line items on their balance sheet, as they are part of ongoing current and long-term.
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Investor perception on the risk of bonds will raise their desired return.
a. true
b. false
The statement, investor perception on the risk of bonds will raise their desired return is true.
The higher an investment's risk, the greater its potential returns should be. By contrast, a very safe and low-risk investment should generally offer low returns. So, this investor perception will raise the desired return of the risk of bonds.
Generally, the higher the potential return of an investment, the higher the risk. Thus, there is no guarantee that you will actually get a higher return by accepting more risk. In this matter diversification is useful.
Hence, you can minimize the risk by making sure the company's bond you own is not a high risk company with a high probability of paying back.
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_____ are foreign offices, facilities, and manufacturing plants that are 100 percent possessed by the parent company
Wholly owned affiliates are foreign offices, facilities, and manufacturing plants that are 100 percent possessed by the parent company.
A wholly owned affiliates is a company whose common stock is 100 percent owned by another company. A company can become a wholly owned subsidiary through an acquisition by a parent company.
However, wholly owned subsidiaries allow the parent company to manage, diversify, and possibly reduce its risk. Wholly owned subsidiaries retain legal control over processes, operations, and products.
Hence, having a wholly owned subsidiary may help the parent company in order to maintain operations in diverse geographic areas and markets or separate industries.
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On November 1, Carter Company signed a 120-day, 10% note payable, with a face value of $9,000. What is the adjusting entry for the accrued interest at December 31 on
The following adjusting entries are required on 31 December:
Dr. Interest expense $150
Cr. Interest payable $150
What is accrued interest?
Accrued interest is the fraction of the total interest of 120-day interest that has become due on December 31, which the Carter Company is owing but would not make payment until the maturity of the note payable.
The accrued interest can be computed as the face value multiplied by the interest rate multiplied by 60 days divided by 360 days.
The interest of 10% is annual interest which makes 360 days, since the interest due is just for 60 days, 2 months, the interest needs to be time apportioned
Accrued interest=$9000*10%*60/360
Accrued interest=$150
What entries are required on 31 December?
We need to debit interest expense as an increase in expense is a debit entry and credit interest payable which is an increase in liability.
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Suppose alyssa is currently using combination d, producing one boat per day. Her opportunity cost of producing a second boat per day is?
Suppose Alyssa is currently using combination D, producing one boat per day. Her opportunity cost of producing a second boat per day is three balls per day.
The possibility fee is time spent studying and that money to spend on some thing else. A farmer chooses to plant wheat; the possibility cost is planting a extraordinary crop, or an change use of the resources. A commuter takes the educate to paintings in preference to driving.
Now, suppose Alyssa is currently using combination C, producing two boats per day. Her opportunity cost of producing a third boat per day is six balls per day. From the previous analysis, you can determine that as Alyssa increases her production of boats, her opportunity cost of producing one more boat also increases. Because she can now make more boats per hour, Alyssa's opportunity cost of producing balls is more than it was previously .Learn more about opportunity cost here:-https://brainly.com/question/1549591
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What would happen if the british government increased the number of airplanes it buys from american aeronautics companies?
If the British government increases the number of airplanes it buys from American aeronautics companies, the demand for the American currency will increase.
When price of a foreign currency falls, imports from that foreign country become cheaper. So, imports increase and hence, the demand for foreign currency rises. So when the British government increases the number of airplanes it buys from America then the demand for the American currency will increase.
A country with a high demand for its goods tends to export more than it imports, increasing demand for its currency. A country that imports more than it exports will have less demand for its currency.
Hence, the answer is given and explained above.
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A person who consumes a good without paying for it is known as a(n) __________. rival utility maximizer producer free ride.
A person who consumes a good without paying for it is known as a free rider.
The free-rider problem is a type of market failure which occurs when those who benefit from resources, public goods such as public roads or hospitals, or services of a communal nature do not pay for them or pay less.
Free riders are a problem because while not paying for the good either directly through fees or different tolls or indirectly through taxes, they may continue to access or consume it.
Thus, the goods may be under-produced, overused or degraded. Additionally, it has been shown that despite the evidence of that people tend to be more cooperative by nature, the presence of free-riders cause this prosocial behaviour to deteriorate.
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When starbucks expanded its current products into global markets, it was pursuing which growth strategy?
Starbucks was pursuing market development growth strategy.
What is market development?Market development is a growth strategy for existing products that finds and develops new market niches. Non-buying clients in currently targeted segments are the focus of a development plan. It also seeks new clients in new markets.
Market Development Strategy is a growth strategy implemented by businesses or organisations to expose their product or solution to target consumers that they have yet to reach or are not already serving. As an example, suppose your software company has a new product offering.
A corporate growth plan that focuses on introducing existing items to new markets is known as a market development strategy. A market development plan assists businesses during their expansion phase.
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Producing a product or service and making it available to buyers requires building relationships not only with customers but also with key suppliers and resellers in the company's ________.
Producing a product or service and making it available to buyers requires building relationships not only with customers but also with key suppliers and resellers in the company's supply chain.
To create and sell a product, a supply chain is created which is the network of all the individuals, organizations, activities, resources, and technology combined.
The accurate information about a supply chain saves companies money. Thus, it helps manufacturers and retailers produce and transport only what they can sell. This eliminates the unnecessary expenses.
For instance, the supply chain activities can include farming, designing, manufacturing, packaging, or transporting.
Hence, the supply chain builds relationships.
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At a price of $4. 95, a pulp fiction novel is expected to sell 9,000 copies. if the novel is offered for sale at a price of $3. 95, then the publisher can expect to sell:_____
Pulp fiction is a term used to describe a type of racy, action-oriented story that was mostly published in the United States from roughly 1900 through the 1950s in inexpensively printed magazines.
The paper that pulp fiction was printed on gave the genre its name. More than 9,000 copies.
Why is a narrative considered pulp fiction?In order to publish magazines more swiftly, the stories themselves have to be written quickly. This, of course, also meant that the stories had simple storylines, no characterization, and, for the main pulp heroes, little to no character development throughout the course of the series of stories.
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What value does implementing a performance management program bring to the business? how can technology impact that value?
Implementing a performance management program brings to the business helps employees to understand the goals of the company and what they are expected to do to achieve these goals.
The process of ensuring that a set of actions and outputs achieves the objectives of an organisation effectively and efficiently is known as performance management. Performance management might concentrate on the performance of a company, a division, a worker, or the systems in place to handle certain tasks.
People may perform to the best of their ability and produce the highest-quality work most effectively and efficiently with the aid of performance management tools.
The foundational principle of performance management is to consider each person in light of the larger workplace system.
Performance management develops a clear awareness of expectations by placing a strong emphasis on accountability and openness.
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what roles do entrepreneurs play in the economy?
a. make routine pricing decisions
b. innovate
c. purchase capital
d. create market demand e. take risks
f. make decisions
B) Innovate E) Take risks F) Make decisions.
Entrepreneurs decide how to combine factors of production to create new goods and services.
What functions do entrepreneurs play in an economy?The business leader who is an entrepreneur seeks out ideas and implements them to promote economic development. One of the most crucial factors in a nation's economic progress is entrepreneurship. By making business decisions, the entrepreneur serves as the head of the trigger that ignites economic activity.
He is essential to the growth of a nation's agricultural and service sectors in addition to its industrial sector. The following is a methodical and orderly discussion of the key functions that entrepreneurs play in the growth of an economy.
Encourages the formation of capitalLarge-Scale Employment PossibilitiesEncourages balanced regional growthReduces Economic Power ConcentrationCreation and Distribution of WealthRising GNP and per capita incomeRaising the Living StandardsEncourages the country's export tradeCreates backward and forward linkagesPromotes overall developmentLearn more about roles of entrepreneurs with the help of the given link:
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Community colleges, sometimes still known as junior colleges, can have two distinct goals. What are these goals?
The goals are:- transferring students to four-year colleges, and vocational preparation.
Community colleges offer two-year programs that lead to Associate's Degree (AA) or Associate's Degree (AS) degrees. These colleges also have technical and professional programs with close ties to local high schools, community groups, and employers.
The main difference between community college and university is that most community college degrees only take two years, while four-year college degrees take four years.
About 28% of all community colleges offer on-campus housing, but only 1% of community college students live on campus. Her public two-year boarding colleges are spread across most of the United States, but each state has different numbers of dormitories and dormitory capacities.
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When people speak about the bottom line, they are referring to:______.
a. gross profit
b. net profit
c. gross margin
d. gross margin
When people speak about the bottom line, they are referring to net profit.
The final line of the income statement is referred to as the bottom line. Net income is the last item on the line. It is the remaining profit a business has after covering all of its costs.
Net income is sometimes known as "net profit."
Total income less the cost of products sold is referred to as gross profit.
The total pre-tax earnings from the operating activity are referred to as operating profit. It is calculated by subtracting items from the gross profit that are classified as "selling, general, and administrative expenses."
When someone uses terms like "gross profit" or "operational profit," they can be referring to the actual amount stated in a particular currency or they might be referring to a financial ratio called a "profit margin," which is calculated by dividing profit by revenue.
Hence, net profit is the answer.
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What type of marketing relies on buzz, word-of-mouth, and lifestyle messages at times when consumers are relaxing and enjoying hobbies and events?
Alternative Marketing is the type of marketing which relies on buzz, word-of-mouth, and lifestyle messages at times when consumers are relaxing and enjoying hobbies and events.
Alternative marketing refers to finding and creating programs which are smart and imaginative. Alternative marketing strategies are low cost ways to target specific neighborhoods, ethnic communities, age groups, or low literacy families.
Buzz marketing is also known as word-of-mouth marketing which has been growing in popularity. This method stresses consumers spreading information. Such as words from family, friends, and co-workers have more credibility than the words the company or spokesperson says.
Hence, alternative marketing is the use of buzz, word-of-mouth, and lifestyle messages at times when consumers are relaxing and enjoying.
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Real estate sales contracts must be valid, express, bilateral, ______, and executed or executory.
The real estate sales contract must be enforceable.
A real estate sales contract is the most significant agreement used in the sale of a real estate product, such as a house or land. It specifies the terms and conditions of a real estate transaction and may only be used for completed property.
The most typical sort of real estate deal is a purchase agreement. This contract describes the terms of the property transaction.
Sale conditions, contracts The terms under which an auctioneer sells property; the instrument holding these terms, when reduced to writing or printing, is also known as the conditions of sale.
Therefore, the blank is to be filled by the word enforceable.
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What is the equation for total return as a function of expeted and unexpected returns?
The equation for total return as a function of expected and unexpected returns is :
Total return = Expected return + Unexpected return
The real rate of return on an investment or a group of assets over time is known as the total return.
Interest, capital gains, dividends, and realized distributions are all included in the total return.
The overall return is shown as a proportion of the initial investment.
The total return is a reliable indicator of an investment's overall success.
The genuine growth of an investment over time is determined by total return. When determining a rise in value, it's critical to consider the big picture instead of just one return metric.
When evaluating a company's historical performance, total return is used. Calculating predicted future returns helps investors make plans for their retirement or other needs and sets fair expectations for their investments.
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__________________________ address the problem of economic growth by continually striving for a more educated workforce that can create, invest in and apply new technologies
Technological leaders address the problem of economic growth by continually striving for a more educated workforce that can create, invest in and apply new technologies.
Technology is the result of accumulated knowledge and the application of skills, methods and processes used in industrial production and scientific research.
Technology is the way scientific knowledge is applied to practical purposes. It includes not only machines (such as computers), but also technologies and processes (such as how computer chips are made).
Technology is changing the world with the introduction of tools such as the Internet and e-mail for communication, word processing, spreadsheets and presentations for office productivity, electronic databases for record keeping, robots and artificial intelligence. It has evolved and shaped our workplace. automation.
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Grouping jobs into manageable units according to some reasonable scheme is known as:________
The procedure of dividing tasks into manageable components. departmentalization.
What is Departmentalization?Departmentalization is an organizational system in which employees are divided into groups or departments according to a specific set of standards. These divisions are led independently and collaborate to carry out responsibilities. Multiple departments may collaborate on large or complex projects.
What Benefits Do Departmentalization's Offer?Specialization.expansion and growth.Correcting accountability.superior client support.evaluation of performance.management training.resource use at its highest potential.improved control is made possible.Why are departments necessary?Making each departmental unit manageable and securing the benefits of specialization are the fundamental requirements for departmentation. It is feasible to extend an enterprise to any degree by organizing operations and, consequently, workers into departments.
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A _________________ economy is a system that depends on the customs of the people involved.
A traditional economy is a system that depends on the customs of the people involved.
A traditional economy is that economic system in which traditions, beliefs and customs helps in shaping the goods and services which are produced in the economy, as well as the rule and manner of their distribution are considered. Countries that use this traditional economic system are often farm-based and rural too.
Traditional economy is also known as a subsistence economy.
Generally a traditional economy is defined by trading and bartering. Generally a little surplus is produced and if any excess goods are produced, they are typically given to a ruling authority or landowner.
Traditional economies are generally based on custom and tradition with economic decisions based on the customs and beliefs of the family, clan, or tribe.
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The amount a seller receives for a good minus the minimum amount he/she is willing to accept, is referred to as:_______
The amount a seller receives for a good minus the minimum amount he/she is willing to accept is referred to as Producer surplus.
Producer surplus is the distinction between how a lot a person would be inclined to accept for a given quantity of an excellent as opposed to how a great deal they could receive by way of promoting the good on the market price. The difference or surplus amount is the benefit the manufacturer receives for promoting the coolest in the marketplace.
A consumer surplus happens while the rate that clients pay for a product or service is less than the charge they're willing to pay.
Producer surplus is the quantity a seller is paid for an amazing minus the vendor's price. It measures the benefit to sellers taking part in a market.
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When using the indirect method to complete the cash flows from operating activities section of the statement of cash flows, what is the proper disposition of a loss on disposal of equipment?.
The correct option is D.
Subtract the loss from net income.
What is Cash Flow?The volume of money a business brings in and expends is known as cash flow. Revenues from sales are used by businesses to pay expenses.
In accounting, the initial net cash flow that is recorded during all firm operational operations is calculated using the indirect technique of estimating or computing cash flow.Under the indirect technique of completing the cash flow from operating activities, any initial net income or net loss is recorded at the beginning.The initial level of net income includes all non-cash expenditures and expenses such as amortization and depreciation of tangible personal property and equipment.The cash flow of operating activities is now calculated by deducting any profits or losses from the sale of long-term assets from net income.To know more about Cash flow visit:
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I understand that the question you are looking for is:
When using the indirect method to complete the cash flows from operating activities section of the statement of cash flows, what is the proper disposition of a loss on disposal of equipment? Multiple Choice
A. Add the loss to net income.
B. Disregard the loss because it relates to a financing activity.
C. Disregard the loss because it relates to an investing activity.
D. Subtract the loss from net income.
Which characteristic of an effective accounting information system refers to providing information to improve decision making and reduces uncertainty?
Relevance characteristic of an effective accounting information system refers to providing information to improve decision making and reduces uncertainty.
The relevance of accounting depends on what the accountant use it for. Cost projections for opening a new store are relevant if business is growing and expanding.
If sales have been sluggish and the best we can do is sit tight without expansion, the projections are no longer relevant. If you decide you need to run more leaner, although, information about the cost of goods sold might be relevant.
The relevance of accounting is not just about what you need to know. It is also applied to other stakeholders.
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When appraising a 2-4 unit residential property, an appraiser would measure and use _______________ area.
When appraising a 2-4 unit residential property, an appraiser would measure and use gross building area.
The whole enclosed area of a floor or building, measured to a fixed surface or plane, or, in the case of overhangs and projects to the exterior surface of the building, to the outside surface of the building or structure's permanent exterior walls.
Gross construction areas can be found above, inside, or outside the building's boundaries. The core plant for the building, parking structures, and other buildings that are separate from the main building but are used by the main building may be situated in this area.
Among other features, this area might have mechanical rooms in the penthouses, subterranean facilities, open passages, tunnels, balconies, and overhangs. Unless a tenant is renting out the entire building.
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Everything else held constant, when output is ________ the natural rate level, wages will begin to ________, increasing short.
Everything else is held constant, when output is below the natural rate level, wages will begin to fall and increase short.
The difference between an economy's actual and prospective output is quantified by the term "output gap" in economics. When an economy is operating at maximum efficiency, or when it is at capacity, potential output refers to the total amount of products and services it can produce.
The productive capacity of the economy is frequently used interchangeably with potential output.
A positive gap develops in a boom when output exceeds its potential level. It is common to refer to the economy in this situation as "overheating," which pushes inflation higher and may force the central bank to "cool" the economy by increasing interest rates.
When the output is below the natural rate level, wages start to decline and increase too slowly, all other things being equal.
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Suppose the government introduces a new incentive for individuals to save money for retirement. How would this affect the market for loanable funds and the interest rate?.
The supply of loanable funds would increase and interest rates would fall.
For instance, they may lower or do away with taxes on savings interest. More people would be motivated to cut back on their present levels of consumption and increase their savings as a result of the enhanced tax benefits associated with saving.
This will result in a rise in the amount of loanable money available (shift to the right.) The interest rate at equilibrium will decrease. People and businesses will have more motivation to borrow as the interest rate declines, pushing up the demand curve and increasing the equilibrium amount of borrowing and lending in the market.
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A company produces two products. Product A sells for $25, has variable costs of $15, and requires 2 machine hours to produce. Product B sells for $35, has variable costs of $20, and requires 5 machine hours to produce. 40,000 machine hours are available. The company can sell all it can make of either product. Which statement is true?
The true statement is A. The company should produce 8,000 units of Product A and 4,800 units of Products.
How is the product mix determined?To determine the quantity of each product to produce, the company should first determine the contribution margin per unit.
Then, it should calculate the contribution margin per available or scare resource.
The product that yields the highest contribution margin of scarce resource should be produced first. The resource left after this can be allocated to the next product with the higher contribution margin per scare resource, unless there are other constraints.
Data and Calculations:Product A Product B
Selling price per unit $25 $35
Variable costs per unit 15 20
Contribution margin per unit $10 $15
Machine hours required 2 5
Contribution per machine hour $5 $3
Available machine hours = 40,000
Production mix 8,000 4,800 units
Hours required for mix 16,000 24,000 (4,800 x 5 hours)
Thus, the true statement is Option A.
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Question Completion with Answer Options:A. The company should produce 8,000 units of Product A and 4,800 units of Products
B. The company should produce 6,000 units of Product B and 5.000 units of Product A
C. The best sales mix cannot be determined from the information given.
D. The company should produce 4,000 units of Product A and 3,000 units of Product B.
A transaction in which an owner of tangible personal property transfers the property to another party while still retaining ownership of such property is known as a?
A transaction in which an owner of tangible personal property transfers the property to another party while still retaining ownership of such property is known as a " Bailment".
What do you mean by Bailment?
The term Bailment is the term under the law which describe the possession of particular of property that is given by seller to buyer without transferring the ownership.
The example of this type of bailment include contracts for the lease of a car, movement of goods and sale of goods on consignment basis.
According to the English Common Law, it would justify that the right of a person to possess a thing without owning the thing. This type of right authorize the specific transactions to be conducted without the generation of any legal ownership.
At the time when bailor transfer the property to bailee, bailee can used this property of his/her personal use, create a relation between bailor and bailee and for the benefit of bailor only.
This bailment is generally defined as the contract based upon the condition of possession only. In which the property can be disposed off as per the direction of bailor.
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