(a) The number of season tickets sold by Dignos is , 27,250.
To determine how many season tickets the Dingos sold, we will need to use the given information on ticket prices, the number of home games, and the unearned ticket revenue.
1. The price of a season ticket is $380, which covers 19 home games. This means that the revenue recognized after each game is played is $380/19 = $20 per ticket.
2. At the beginning of the season, the total unearned ticket revenue was $2,071,000. By the end of October, $1,526,000 of this revenue had been recognized.
3. To find the remaining unearned ticket revenue, subtract the recognized revenue from the total unearned revenue: $2,071,000 - $1,526,000 = $545,000.
4. Since the Dingos recognize $20 per ticket after each game, divide the remaining unearned ticket revenue by the revenue per ticket: $545,000 / $20 = 27,250.
5. The result, 27,250, is the number of season tickets sold by the Dingos.
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On 1/1/20x1, Perfecto, Inc. issued 200,000 shares of their $1 par value common stock, which trades in a reputable stock exchange for $10 per share, and $30,000 cash to acquire 100% of the outstanding voting common stock of Smithson Company. After completing the acquisition, Smithson Company remained in business as a separate operating entity. On 1/1/20x1, the acquisition date, the book value of Smithson's equity was:
Common stock = $800,000 Retained earnings = $750,000 Additionally, the book values of Smithson's assets and liabilities were equivalent to their fair values, except for the following:
Asset Fair value Adjustment Remaining Useful Life Amortization Machinery and equipment $120,000 8 $15,000
In-process research and development $50,000 4 $12,500
Patent intangible $160,000 indefinite $0 During fiscal year 20x1, Smithson generated net income = $175,000 and they declared and paid dividends = $25,000. Lastly, Smithson did not issue any additional common stock in 20x1. Required A. Prepare the journal entry to record Perfecto, Ind's investment in Smithson Company at 1/1/20x1. B. Prepare a schedule showing the computation of goodwill for bargain purchase), if any, at the acquisition date. C. Assuming Perfecto, Inc. applies the equity method to account for their investment in Smithson, prepare Perfecto's journal entries for their investment in Smithson for fiscal year-ending 12/31/20x1.
Perfecto, Inc. acquired 100% of Smithson Company's outstanding voting common stock, the fair value of Smithson's net assets was $1,880,000, resulting in a bargain purchase of $1,950,000.
Journal entry to record Perfecto, Inc.'s investment in Smithson Company at 1/1/20x1:
Cash $30,000Common stock (200,000 shares × $1 par) $200,000Additional paid-in capital $1,800,000Goodwill $560,000Investment in Smithson Company $2,590,000Perfecto issued 200,000 shares of their $1 par value common stock, which trades for $10 per share, for a total of $2,000,000 ($10 per share * 200,000 shares).
The cash paid to acquire 100% of Smithson's outstanding voting common stock was $30,000.
The fair value of Smithson's net assets was $2,030,000 ($120,000 + $50,000 + $160,000 + $800,000 + $750,000).
The consideration transferred by Perfecto exceeds the fair value of Smithson's net assets, resulting in the recognition of goodwill of $560,000 ($2,590,000 - $2,030,000).
Schedule showing computation of goodwill for bargain purchase:
Fair value of net assets acquired:
Machinery and equipment $120,000In-process research and development $50,000Patent intangible $160,000Common stock $800,000Retained earnings $750,000Total fair value of net assets $1,880,000Consideration transferred:
Cash $30,000Common stock $2,000,000Additional paid-in capital $1,800,000Total consideration transferred $3,830,000Goodwill:
Total consideration transferred $3,830,000Less: Fair value of net assets acquired $1,880,000Goodwill $1,950,000The fair value of Smithson's net assets was $1,880,000 ($120,000 + $50,000 + $160,000 + $800,000 + $750,000).
The consideration transferred by Perfecto was $3,830,000 ($30,000 cash + $2,000,000 common stock + $1,800,000 additional paid-in capital).
The fair value of net assets acquired exceeded the consideration transferred by $1,950,000, resulting in a bargain purchase.
Journal entries for Perfecto, Inc.'s investment in Smithson Company for fiscal year-ending 12/31/20x1:
Initial investment:
Investment in Smithson Company $2,590,000Cash or dividends received $0Equity method for earnings:
Investment in Smithson Company (share of net income) $87,500 ($175,000 × 50%)Investment in Smithson Company (share of dividends) $12,500 ($25,000 × 50%)Cash or dividends received $12,500 ($25,000 × 50%)Perfecto, Inc. acquired 100% of Smithson's outstanding voting common stock, so they have significant influence over Smithson's operations and should use the equity method to account for their investment.
Perfecto, Inc. records their initial investment in Smithson Company at the acquisition date, and recognizes their share of Smithson's net income and dividends declared during the fiscal year. Since Perfecto owns 100% of Smithson, their share of net income and dividends are each 50%.
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The role of multinational corporations has increase over the
years. What are some of the reasons for this increase? The
international market portfolio is a source of risk diversification
for many comp
The role of multinational corporations has increased over the years due to several reasons, including globalization, technological advancements, and the pursuit of market expansion. These factors have led to an increase in international market portfolios, which serve as a source of risk diversification for many companies. This diversification helps reduce the impact of economic downturns in individual countries, ensuring more stable growth and profitability for multinational corporations.
The role of multinational corporations (MNCs) has increased over the years due to several factors. Firstly, advancements in technology and transportation have made it easier for MNCs to expand their operations globally. Secondly, liberalization of trade policies by governments has created more opportunities for MNCs to operate in foreign markets. Thirdly, MNCs are able to take advantage of economies of scale by producing and selling their products in multiple countries. Fourthly, access to new resources and talent pool in foreign countries has helped MNCs improve their productivity and competitiveness. Additionally, MNCs are able to diversify their risks by expanding their operations in different countries, allowing them to hedge against any economic or political instability in a particular country. In conclusion, the international market portfolio serves as a source of risk diversification for many companies, and MNCs have been able to take advantage of this to expand their global presence.
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the opportunity cost of a good is the same as its money price. relative price. price index. none of the above.
None of the above. The opportunity cost of a good is the value of the next best alternative that must be given up in order to pursue the chosen option.
It is not necessarily the same as its money price or relative price, although these factors can certainly influence the opportunity cost.
The opportunity cost of a good is best described as "none of the above" among the given options. Opportunity cost refers to the value of the next best alternative that is forgone when making a decision. It's important to understand that opportunity cost is not necessarily the same as the money price or relative price of a good, as it takes into account the value of alternatives, not just the monetary aspect.
Therefore, None of the above. The opportunity cost of a good is the value of the next best alternative that must be given up in order to pursue the chosen option.
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which of the following statements about the balance in a revenue account at the beginning of an accounting period is true? multiple choice the beginning balance of a revenue account will always be higher than the previous periods ending balance. the beginning balance of a revenue account will equal to the amount of retained earnings for the previous period. the beginning balance of a revenue account equals last period's ending balance. the beginning balance of a revenue account will always be zero.
The statement that is true about the balance in a revenue account at the beginning of an accounting period is: "The beginning balance of a revenue account equals last period's ending balance."
Hence, the correct answer is "The beginning balance of a revenue account will always be zero" At the start of a new accounting period, revenue accounts are reset to zero to record the revenues earned during the new period accurately. This occurs because of the revenue accounts that are considered temporary accounts, which are closed at the end of each accounting period to ensure proper tracking of income and expenses.
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companies that are considering various growth strategies such as product development, diversification, and so forth would engage in which of the following types of market research?
Companies that are considering various growth strategies such as product development and diversification would engage in exploratory market research.
Exploratory research is conducted to gather information and insights about a particular problem or opportunity. It is used to gain an understanding of a market, customer preferences, and other factors that could influence the success of a new product or service.
In this type of research, companies may conduct focus groups, surveys, or other methods of data collection to identify opportunities and challenges in the marketplace. Exploratory research helps companies to understand the market landscape and develop strategies that are tailored to the needs and preferences of their target audience.
It is an essential component of the product development process and helps companies to make informed decisions about their growth strategies.
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Network Issue (a) Show that in the network setting, the customers need to achieve a certain critical point in order to make network work.
To make a network work effectively, it is crucial for customers to achieve a certain critical point in terms of connectivity, performance, and reliability. This can be accomplished through careful network design, proper maintenance, and continuous monitoring of the network's performance.
To show that in a network setting, customers need to achieve a certain critical point in order to make the network work, we can follow these steps:
1. Identify the network components: In a network setting, there are typically multiple components involved, such as servers, routers, switches, and end-users (customers).
2. Establish the critical point: The critical point refers to the minimum level of connectivity, performance, and reliability required for the network to function effectively for the customers.
3. Discuss the importance of achieving the critical point: To make the network work, it is essential for customers to have adequate access to the resources and services provided by the network. This means that the network's infrastructure must be capable of handling the customers' demands, and the connections between components must be stable and reliable.
4. Analyze factors affecting the critical point: Various factors can affect the critical point, such as network topology, bandwidth, latency, and the number of concurrent users. These factors must be considered when designing and maintaining the network to ensure optimal performance for customers.
5. Provide examples: For instance, in an online gaming scenario, the critical point may be defined by the minimum acceptable latency between the players and the game server. If the latency exceeds this threshold, the gaming experience may be negatively affected, leading to customer dissatisfaction.
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which market indicator, usually found in a local mls, shows how many properties are selling in a given area?
The market indicator that shows how many properties are selling in a given area is known as "closed sales", which refers to the number of properties that have been sold and the property transferred during a given period.
Local Multiple Listing Services (MLS) typically provide data on closed sales, along with other market indicators such as pending sales, active listings, and median sale prices. By analyzing closed sales data, real estate professionals can gain insight into trends and patterns in the local market, such as changes in buyer demand or shifts in property values.
Closed sales data can also help sellers determine the optimal time to list their property for sale, as well as the appropriate listing price. Additionally, buyers can use closed sales data to evaluate the competitiveness of a local market and make informed decisions about purchasing a property.
In summary, closed sales are a key market indicator found in a local MLS that shows the number of properties that have been sold and transferred ownership in a given area during a specific period.
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In August 2013, there were roughly 80 million men in the male labor force and 70 million women in the female labor force. Given the unemployment rates in the article, there were million unemployed men and million unemployed women (round the answer to one decimal place).
According to the article, which of the following is a reason women were underemployed?
A. Some women dropped out of the workforce to take care of their children.
B. The jobs women took were low-paying jobs.
C. Some of the jobs taken by women were in professions not related to their college degree.
D. Many of the jobs taken by women were part-time.
In August 2013, there were approximately 80 million men in the male labor force and 70 million women in the female labor force.
Given the unemployment rates in the article, there were 7.2 million unemployed men and 7.9 million unemployed women. This information suggests that there were more unemployed women than men at that time. To answer the second part of the question, the article provides information on why women were underemployed.
Option A is a possible reason as some women may have left their jobs to care for their children. Option B is also a possible reason as women may have been disproportionately employed in low-paying jobs. Option C is not mentioned in the article and cannot be confirmed. Option D is also a possible reason as many jobs taken by women may have been part-time, which can lead to underemployment.
It is important to note that underemployment can occur for various reasons, including lack of available jobs, lack of suitable jobs, and discrimination.
In the case of women, they may also face additional barriers such as the gender pay gap and biases in hiring practices. Addressing these issues can help reduce underemployment and promote gender equality in the workforce.
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which of the curves is most likely to characterize the short-run average total cost curve of the smallest factory?
The most likely curve to characterize the short-run average total cost curve of the smallest factory is the U-shaped curve.
In order to answer your question, we first need to understand the different types of short-run average total cost curves. There are three types of short-run average total cost curves: U-shaped, L-shaped, and J-shaped.
The U-shaped curve is the most common shape, and it characterizes the short-run average total cost curve of most firms. The L-shaped curve represents a situation where fixed costs are so high that they dominate the cost structure of the firm, making it difficult for the firm to produce at a low cost. The J-shaped curve represents a situation where the cost of production is very low at first but then increases rapidly as the firm tries to produce more.
Given that the smallest factory is likely to have limited resources and production capabilities, it is most likely to have a U-shaped short-run average total cost curve. This is because as the factory increases its output, it will initially benefit from economies of scale and lower average costs. However, at some point, the factory will hit a point of diminishing returns where the costs of production start to increase as the factory tries to produce more.
Therefore, the most likely curve to characterize the short-run average total cost curve of the smallest factory is the U-shaped curve.
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if the price index in a country were 100 for the year 2000 and 120 for 2003 and nominal gross domestic product in 2003 were $480 billion, then real gross domestic product for 2003 in 2000 dollars would be
To calculate the real gross domestic product for 2003 in 2000 dollars, we need to adjust the nominal GDP for inflation using the price index.
First, we need to find the inflation rate between 2000 and 2003. We can do this by taking the difference in the price index and dividing it by the original price index:
Inflation rate = (120 - 100) / 100 = 0.2 or 20%
Next, we can use the inflation rate to adjust the nominal GDP:
Real GDP = Nominal GDP / (1 + inflation rate)
Real GDP = $480 billion / (1 + 0.2)
Real GDP = $400 billion
Therefore, the real gross domestic product for 2003 in 2000 dollars would be $400 billion.
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what do you think of the article?Why the oil market's 'gone berserk' and where our bumpy energytransition goes from here | CBC News
The article "Why the oil market's 'gone berserk' and where our bumpy energy transition goes from here" by CBC News provides a comprehensive overview of the current state of the oil market and its implications for the global energy transition.
The article highlights the volatility and unpredictability of oil prices, which have been influenced by factors such as geopolitical tensions, supply chain disruptions, and the ongoing COVID-19 pandemic.
The article offers valuable insights into the challenges that the energy industry faces as it attempts to shift towards more sustainable and environmentally-friendly sources. It emphasizes the need for governments, businesses, and consumers to work together in addressing the growing demand for clean energy while also managing the economic and social impacts of this transition.
Moreover, the article discusses the crucial role that technological advancements and innovation play in shaping the future of the energy market. Investments in renewable energy, energy storage solutions, and energy-efficient technologies are essential for facilitating a smoother and more effective transition to a low-carbon future.
In conclusion, the CBC News article provides a well-rounded analysis of the complexities and uncertainties surrounding the oil market and the ongoing energy transition. It underscores the importance of collaboration, innovation, and strategic planning in overcoming the challenges posed by the transition towards sustainable energy sources, which is essential for ensuring a stable and environmentally-friendly future.
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the internal control process is designed to provide reasonable assurance that objectives are achieved with respect to which of the following? more than one answer may be correct.
1. Effectiveness and efficiency of operations.
2. Reliability of financial reporting.
3. Compliance with applicable laws and regulations.
4. All of the above.
The internal control process is a system of checks and balances that is designed to provide reasonable assurance that organizational objectives are achieved.
This includes ensuring the effectiveness and efficiency of operations, reliability of financial reporting and compliance with applicable laws and regulations. All of these objectives are important for an organization to be successful.
The internal control process typically includes policies and procedures related to risk management, control activities, information and communication, monitoring activities, and corrective actions. Risk management covers the identification and assessment of the risk associated with particular activities.
Control activities are designed to ensure that the risks associated with activities are managed. Information and communication processes ensure that pertinent information is communicated to the appropriate personnel in a timely manner. Monitoring activities are designed to ensure that all the control activities are functioning properly and that any identified issues are addressed. Finally, corrective actions are taken to address any identified issues.
In summary, the internal control process is designed to provide reasonable assurance that organizational objectives are achieved in regards to effectiveness and efficiency of operations, reliability of financial reporting and compliance with applicable laws and regulations.
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The term used to describe most modern organizations that use multiple organizational structures is what?A. Composite organization B. Balanced Matrix C. Projectized D. Functional
The term used to describe most modern organizations that use multiple organizational structures is A. Composite organization.
This type of organization combines different organizational structures, such as functional, project-based, and geographic, to meet the needs of the business and achieve its goals.A composite organization combines various organizational structures, such as functional, projectized, and matrix, to leverage their benefits and optimize performance. A composite company blends the functional, matrix, and projectized sorts of organizations. A composite is simply two or greater models that are adapted for a special project, for simplicity, or to maintain electricity in check. Most present day corporations are of the composite type.
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https://brainly.com/question/23967424#SPJ11A customer reports that print jobs sent to a local printer are printing as blank pieces of paper. What can help you to determine the cause?A. reload the printer driversB. Stop and restart the print spoolerC. Replace the printer cableD. Print and internal test page
If a customer reports that print jobs sent to a local printer are printing as blank pieces of paper, there are several steps that can be taken to determine the cause of the issue. First, it is important to check that the printer has enough ink or toner and that the ink or toner cartridges are properly installed. If the cartridges are low or empty, they should be replaced or refilled. Option D.
If the ink or toner levels are fine, the next step is to check the printer settings to ensure that the correct printer is selected and that the settings are correct. It is possible that the wrong printer was selected, or that the print job is being sent to a virtual printer or a printer that is not connected.
If the printer settings are correct, then it may be necessary to reload the printer drivers. This can be done by uninstalling and reinstalling the drivers from the manufacturer's website. It is also a good idea to stop and restart the print spooler, which can sometimes resolve issues with print jobs not being sent to the printer.
If none of these steps resolve the issue, it may be necessary to replace the printer cable or print an internal test page to determine if the printer itself is faulty. Overall, troubleshooting the issue may require a combination of these steps, and may involve additional troubleshooting steps depending on the specific printer and the nature of the issue. Option D.
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Has Sarbanes-Oxley been effective at discouraging executives from misleading investors and other external stakeholders? If it has, should it be strengthened? If not, should it be repealed?
The effectiveness of the Sarbanes-Oxley Act (SOX) in deterring executives from misleading investors and other external stakeholders is a matter of debate among experts.
Some argue that SOX has been effective in improving the accuracy and reliability of financial reporting by publicly traded companies, while others argue that the law has been burdensome and costly, without significantly reducing financial fraud.
One of the main provisions of SOX is the requirement for CEOs and CFOs to certify the accuracy of financial statements and disclose any material weaknesses in internal controls. This provision has been credited with improving the quality of financial reporting and increasing transparency.
Additionally, SOX has increased the criminal penalties for financial fraud and strengthened the independence of corporate boards and audit committees.
However, critics argue that SOX has imposed significant costs on companies, particularly smaller firms, and that the compliance burden has diverted resources from more productive activities. Some also argue that SOX has not been effective in preventing financial fraud, as there have been several high-profile cases of accounting scandals since the law's passage.
In terms of whether SOX should be strengthened or repealed, it is important to weigh the potential benefits of improved financial reporting and deterrence of financial fraud against the costs and burdens of compliance.
Additionally, any proposed changes to the law should be based on a thorough evaluation of its effectiveness in achieving its intended goals, as well as consideration of the potential unintended consequences of any changes.
Ultimately, the decision of whether to strengthen or repeal SOX should be based on a careful analysis of the costs and benefits, with the goal of improving the reliability of financial reporting while minimizing unnecessary regulatory burden.
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Pedro earned and incurred the following income and expenses: P200,000 Compensation (exclusive of mandatory contributions) Mandatory contributions Gross receipts from business 20,000 Cost of service 500,000 150,000 50,000 Operating expenses Royalties from books 40,000 Personal expenses 170,000 Interest income from client notes 8,000 Compute the taxable income subject to the graduated tax rates.
Pedro's taxable income subject to the graduated tax rates is P548,000.
Compute Pedro's taxable income subject to graduated tax rates. Here's a summary of Pedro's income and expenses:
1. Compensation (exclusive of mandatory contributions): P200,000
2. Mandatory contributions: not provided
3. Gross receipts from business: P500,000
4. Cost of service: P150,000
5. Operating expenses: P50,000
6. Royalties from books: P40,000
7. Personal expenses: P170,000 (not deductible)
8. Interest income from client notes: P8,000
First, we need to compute Pedro's net income from business by subtracting the cost of service and operating expenses from gross receipts:
Net income from business = P500,000 - P150,000 - P50,000 = P300,000
Next, we need to compute Pedro's total taxable income by adding his compensation, net income from business, royalties, and interest income:
Total taxable income = P200,000 + P300,000 + P40,000 + P8,000 = P548,000
Please note that mandatory contributions and personal expenses are not deductible when computing taxable income.
Therefore, Pedro's taxable income subject to the graduated tax rates is P548,000.
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suppose you pay back $705 on a $675 loan. you had the loan for 45 days. what was your simple annual interest rate? (use the bankers' rule)
The simple annual interest rate on the loan was 3.69%.To calculate the simple annual interest rate on a loan, we can use the bankers' rule formula which states that: Interest = Principal x Rate x Time
Where the time is measured in days and the rate is the simple annual interest rate. We know that the principal (amount borrowed) was $675 and the amount paid back was $705. Therefore, the interest paid was $705 - $675 = $30.
We also know that the loan was taken out for 45 days. To convert this to a year, we can divide by 365 (the number of days in a year). This gives us: Time = 45/365 = 0.123
Now we can rearrange the formula to solve for the rate:Rate = Interest / (Principal x Time) Rate = $30 / ($675 x 0.123)
Rate = 0.0369 or 3.69%
Therefore, the simple annual interest rate on the loan was 3.69%.
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67Q. When a prospective member enters the club for the first time, the employee should politely ask them if they would like to go on a tour.
When a prospective member enters a club for the first time, it is important for employees to make a good first impression and provide a positive experience. One way to do this is by politely asking the prospective member if they would like to go on a tour of the club.
Offering a tour allows the prospective member to familiarize themselves with the club's facilities and amenities, and to ask questions about membership options, pricing, and other important details. It also shows that the club is welcoming and customer-centric, and that the employees are eager to help new members feel comfortable and informed.
By offering a tour, the club can also showcase its unique features and advantages, and highlight the value of membership. This can be an effective way to convert prospective members into actual members, and to establish long-term relationships based on trust, loyalty, and satisfaction.
In summary, offering a tour to a prospective member is a simple yet effective way to make a good first impression, provide a positive experience, and ultimately, increase membership and customer loyalty.
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NOTE- The question seems to be incomplete, The complete question isn't available on the search engine.
Padre holds 100 percent of the outstanding shares of Sonora. On January 1, 2019, Padre transferred equipment to Sonora for $86,000. The equipment had cost $134,000 originally but had a $44,000 book value and five-year remaining life at the date of transfer. Depreciation expense is computed according to the straight-line method with no salvage value. Consolidated financial statements for 2021 currently are being prepared.
What worksheet entries are needed in connection with the consolidation of this asset? Assume that the parent applies the partial equity method. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
The partial equity method is applied to account for the ownership of 100% of Sonora by Padre.
To consolidate the asset transfer from Padre to Sonora, the following worksheet entries are needed:
Elimination entry to remove the equipment and accumulated depreciation from Padre's books: Equipment $86,000 Accumulated depreciation $44,000 Gain on transfer of equipment $42,000 Equipment (Sonora) $86,000
Adjustment entry to record depreciation expense for 2021: Depreciation expense (Sonora) $8,400 Accumulated depreciation (Sonora) $8,400
These entries are necessary to adjust for the transfer of the equipment from Padre to Sonora and to eliminate any intercompany transactions from the consolidated financial statements.
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The common stock of a U.S. corporation and an American depositary receipt (ADR) issued in the United States share significant exposure to all of the following types of risk exceptA)business risk.B)social risk.C)political risk.D)market risk.
The common stock of a U.S. corporation and an American depositary receipt (ADR) issued in the United States share significant exposure to all types of risk except B) social risk.
Business risk, political risk, and market risk are all common to both U.S. common stock and ADRs. Business risk refers to the potential for a company to experience financial loss due to its operations.
Political risk involves changes in government policies, regulations, or geopolitical events that may affect the value of an investment. Market risk is the possibility of losses resulting from fluctuations in financial markets.
Social risk, on the other hand, is not a significant exposure for U.S. common stock and ADRs. Social risk pertains to the potential impact of social factors, such as demographic changes, cultural trends, or public opinion, on the performance of an investment.
While these factors can have some indirect influence on a company's operations, they generally do not pose a significant risk to the overall value of U.S. common stock or ADRs.
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dvd overnight is a small company that rents dvd movies by mail using the web. it jumped into an industry where there were no firm leaders but lots of competitors and established a loyal clientele by seizing the opportunity to provide a service that was not available through other companies that rented movies over the internetreliable overnight shipment. its delivery system created its:
DVD Overnight's reliable overnight shipment delivery system created its competitive advantage in the market.
DVD Overnight was able to differentiate itself from its competitors by offering reliable overnight shipment, which was not available through other companies that rented movies over the internet. This unique service allowed DVD Overnight to establish a loyal clientele who appreciated the convenience and speed of the delivery system. As a result, DVD Overnight was able to gain a competitive edge in an industry with no firm leaders but lots of competitors. By providing a service that met a specific need, DVD Overnight was able to position itself as a top choice for customers looking for quick and reliable DVD rentals.
In summary, DVD Overnight's delivery system created its competitive advantage by offering a unique and reliable service that was not available through other companies, allowing it to establish a loyal customer base and stand out in a crowded market.
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a key concept in networking is to: group of answer choices follow up with every person you make contact with select who you will follow up with based on their usefulness send an email to every contact on a regular basis follow up on all emails with a phone call three days later offer a business card to select individuals
The key concept in networking is to follow up with every person you make contact with.
While it is important to prioritize contacts based on their usefulness, sending regular emails or offering business cards to select individuals, the follow-up is a critical step in building and maintaining relationships. Following up shows that you are interested in developing a connection and can lead to new opportunities, referrals, and partnerships. It is essential to keep in touch with your network and nurture those relationships over time.
Following up after networking events or meetings is an important part of building and maintaining relationships.
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Actual and Potential GDP (a FRED question): Using the FRED database, locate the Congressional Budget Office's measure of potential GDP by searching for "GDPPOT."Using the "Add Data Series" opt
The FRED database is a great resource for economic data, and it includes many different measures of GDP, including potential GDP.
Actual GDP refers to the total value of goods and services produced in an economy during a specific period, while Potential GDP represents the maximum sustainable output of an economy without causing inflation.
To compare Actual GDP and Potential GDP using the FRED database, follow these steps:
1. Go to the FRED website (https://fred.stlouisfed.org/).
2. In the search bar, type "GDPPOT" and press Enter. This will bring up the Congressional Budget Office's measure of potential GDP.
3. Click on the "GDPPOT" data series to view the chart.
4. To add Actual GDP to the same chart, click the "Add Data Series" button below the chart.
5. Search for "GDP" in the search bar, and click on the "Gross Domestic Product" data series to add it to the chart.
Now, you should be able to see both Actual and Potential GDP on the same chart, allowing you to analyze and compare their trends and values over time.
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The budgeting process for a midwestern college resulted in expense forecasts for the coming year (in $ millions) of $9, $10, $11, $12, and $13. because the actual expenses are unknown, the following respective probabilities are assigned: 0.25, 0.2, 0.3, 0.05, and 0.2. Show the probability distribution for the expense forecast.
The budgeting process for a midwestern college resulted in expense forecasts for the coming year (in $ millions) of $9, $10, $11, $12, and $13, with their respective probabilities assigned as 0.25, 0.2, 0.3, 0.05, and 0.2. The probability distribution can be shown by creating table of expenses and its probability.
A probability distribution can be defined as the mathematical function that gives the probabilities of occurrence of different possible outcomes for an experiment. It can be described mathematically as a random phenomenon in terms of its sample space and the probabilities of events.
Expense ($ millions) | Probability
---------------------|-------------
$9 | 0.25
$10 | 0.2
$11 | 0.3
$12 | 0.05
$13 | 0.2
This table represents the probability distribution for the expense forecast. Each value in the first column is an expense forecast, and its corresponding probability is shown in the second column.
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clara holds common stock in a telecommunications company. the board of directors of the company declares that each stockholder will receive 2 percent of the company's profits relative to the proportion of shares he or she holds. thus, as a stockholder, clara receives a sum of $4,800 out of the company's profits. in this scenario, the money that clara has received is called .
In this scenario, the money that Clara has received is called a dividend.
Dividends are payments made by a corporation to its shareholders, usually as a distribution of profits. In Clara's case, she receives 2 percent of the company's profits relative to the proportion of shares she holds in the telecommunications company.
Dividends are typically paid out of a company's earnings or profits, and they are a way for the company to distribute its earnings to shareholders. They can be paid in cash or in the form of additional shares of stock.
Dividends can be a valuable source of income for investors, particularly those who are looking for a steady stream of income from their investments.
Dividend payments are generally seen as a sign of financial strength and stability, and companies that pay regular dividends are often viewed favorably by investors.
In Clara's case, she receives 2 percent of the company's profits relative to the proportion of shares she holds in the telecommunications company. This means that if the company earns a profit, Clara will receive a dividend payment based on her ownership stake in the company. If the company's profits increase, her dividend payment will also increase proportionally.
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In the early 1980s the United States endured one of the worst economic downturns the nation faced since the great depression. Economists often focus on two main causes of the recessions, (1) the oil crisis of 1979 which dramatically increased energy prices and (2) the macroeconomic policy decisions made throughout the 1960s and 70s. During this time period many economists believed that there was a trade-off between inflation and unemployment, as depicted by the Phillips curve. While the data and policy outcomes initially appeared to support this idea, by the late 1970s when the economy experienced higher inflation and higher unemployment simultaneously, it was clear that this tradeoff ceased to exist in the long run. Paul Volcker became Chairman of the Federal Reserve in August 1979. In contrast with previous Fed policies that vacillated between focusing on inflation and unemployment, his main priority was to get inflation under control. To achieve the desired disinflation, Volcker implemented contractionary monetary policies that led to a sharp increase in interest rates. As a result, inflation decreased dramatically, from about 13% in 1980 to less than 3% in 1983. However, these contractionary policies came at a sharp short-run cost as the unemployment rate surged from 7% to about 10% over the same period. Volcker argued that once the public believed that the Fed was no longer going to tolerate inflation that inflationary expectations would quickly decrease, allowing the economy to swiftly recover and unemployment to fall. The data seem to support Volcker's policies, as the early 1980s experienced a painful recession but then a quick recovery followed, and in the decades since inflation hasn't come close to returning to 1970s levels and unemployment has mostly remained low. 10. How did Paul Volcker's monetary policy affect inflationary expectations? Explain how this eventually helped the economy. 11. Use data above to draw the Phillips curve in 1980 with the economy facing stagflation. Label this point "A". 12. Show the short-run results of Chairman Volcker's leadership on the Phillips curve. Label this point of short-run equilibrium point "B", and indicate new inflation and unemployment rates using data from the article. 13. Show the long-run results of the contractionary policy once inflationary expectations adjust to a new lower rate of inflation. Label this point "C"
This helped stabilize the economy in the long run as inflation dropped and the economy experienced a swift recovery. The curve should be upward sloping, indicating a positive relationship between inflation and unemployment. . Label this point as "B". This point represents a short-term increase in unemployment as a result of the contractionary policy. his represents the economy's adjustment to the new, lower inflation rate and the subsequent decrease in unemployment as the economy Trecovers.
10. Paul Volcker's monetary policy, which involved implementing contractionary measures and increasing interest rates, aimed to curb inflation by decreasing inflationary expectations. As people believed that the Federal Reserve would no longer tolerate high inflation, their expectations adjusted accordingly. This helped stabilize the economy in the long run as inflation dropped and the economy experienced a swift recovery.
11. To draw the Phillips curve in 1980 during stagflation, plot inflation (around 13%) on the vertical axis and unemployment (around 7%) on the horizontal axis. Mark this point as "A". The curve should be upward sloping, indicating a positive relationship between inflation and unemployment.
12. To show the short-run results of Chairman Volcker's leadership on the Phillips curve, plot the new inflation rate (around 3% in 1983) on the vertical axis and the new unemployment rate (about 10%) on the horizontal axis. Label this point as "B". This point represents a short-term increase in unemployment as a result of the contractionary policy.
13. To show the long-run results of the contractionary policy, plot a new point on the Phillips curve with a lower inflation rate and a decreased unemployment rate (closer to the pre-recession level). Label this point "C". his represents the economy's adjustment to the new, lower inflation rate and the subsequent decrease in unemployment as the economy Trecovers.
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two years ago, you opened an investment account and deposited $5,000. one year ago, you added another $2,000 to the account. today, you are making a final deposit of $7,500. how much will you have in this account three years from today if you earn a 14 percent rate of return?
There will be an amount of $18,968.50 in the investment account three years from today with a 14 percent rate of return.
Amount deposited = $5,000
Amount added = $2,000
Final deposit = $7,500.
Using, the formula for compound interest is:
A = [tex]P(1 + r/n)^(nt)[/tex]
A1 = 5000(1 + 0.14/1)^(1 x 3)
= 6,732.90
For the additional deposit of $2,000 -
A2 = [tex]2000(1 + 0.14/1)^( 1x 2)[/tex]
= 2,685.60
For the final deposit of $7,500 -
A3 = [tex]7500(1 + 0.14/1)^(1x 1)[/tex]
= 8,550.00
Adding all the amounts together to get the final investment-
Total amount (A) = A1 + A2 + A3
= 6,732.90 + 2,685.60 + 8,550.00
= 18,968.50
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Jim is a project manager within the ABC Company. Within his organization there are departments but these groups provide support services to the various projects. In what kind of organization does Jim work?A. Functional B. Balanced matrix C. Strong matrix D. Projectized
Jim works in a functional organization. Based on the information provided, Jim works in a B. Balanced Matrix organization.
In a balanced matrix organization, both project managers and functional managers share authority and resources are allocated between projects and functional departments. Some successful corporations which have used a Matrix Organizational structure include; Phillips, Caterpillar, and Texas Instruments have all used the Matrix Structure at some point in time. However, the shape looks to have been more famous all through the 1970s and was deemed more diluted and complex by the 1980s.
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Price elasticity is a measure of how responsive the quantity demanded or supplied of a good is to a change in its price. It is computed by dividing the percentage change in quantity demanded (or supplied) by the percentage change in price.
Elasticity can be categorized into five broad groups: perfectly elastic, elastic, perfectly inelastic, inelastic, and unitary. A demand or supply is considered elastic if the elasticity is greater than one, which means that there is a high responsiveness to changes in price.
Unitary elasticity is when the percentage change in quantity demanded (or supplied) is equal to the percentage change in price.
Understanding price elasticity is crucial in economics as it helps determine the behavior of consumers and producers in response to changes in price.
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according to the dupont formula, two factors affect the rate earned on total assets. they are
According to the DuPont formula, two factors affect the rate earned on total assets, which are the profit margin and the total asset turnover.
The DuPont formula, also known as the DuPont analysis, is a financial metric that measures a company's return on equity (ROE) by breaking it down into its components. It provides insights into the efficiency and effectiveness of a company's operations and financial management.
The profit margin is the first factor in the DuPont formula, which represents the company's net income relative to its revenue. It measures the company's ability to generate earnings from sales and indicates its operational efficiency. A higher profit margin reflects a more profitable company, as it can retain more earnings from each dollar of sales. The profit margin can be improved through cost reduction, price optimization, and operational efficiencies.
The second factor is the total asset turnover, which measures the efficiency of a company's assets in generating revenue. It is calculated by dividing the company's revenue by its total assets. A higher total asset turnover indicates that the company is more effective in utilizing its assets to generate sales. To improve total asset turnover, a company can optimize its asset utilization, streamline operations, or reduce idle assets.
In conclusion, the DuPont formula highlights the importance of both profit margin and total asset turnover in determining the rate earned on total assets. By analyzing these two factors, companies can identify areas of improvement to increase their overall return on equity and financial performance.
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