Suppose average movie attendance is 250 million tickets when prices are $7 a ticket and 200 million when prices are $9 a ticket. Other things being equal, the data imply that the elasticity of demand for movie tickets is: A. elastic, so the increase in price caused total revenue to rise. B. elastic, so the increase in price caused total revenue to fall. C. inelastic, so the increase in price caused total revenue to rise. D. inelastic, so the increase in price caused total revenue to fall.

Answers

Answer 1

The correct answer is c.inelastic, so the increase in price caused total revenue to rise.

to determine the elasticity of demand for movie tickets, we can use the midpoint formula:

elasticity of demand = [(q2 - q1) / ((q2 + q1) / 2)] / [(p2 - p1) / ((p2 + p1) / 2)]

given:

q1 = 250 million tickets

q2 = 200 million tickets

p1 = $7

p2 = $9

using the formula, we can calculate the elasticity of demand:

elasticity of demand = [(200 - 250) / ((200 + 250) / 2)] / [($9 - $7) / (($9 + $7) / 2)]

elasticity of demand = [-50 / (225 / 2)] / [$2 / (16 / 2)]

elasticity of demand = (-50 / 112.5) / (2 / 8)

elasticity of demand = -0.4444

since the elasticity of demand is less than 1 (in absolute value), it is considered inelastic.

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Related Questions

1) Government has invested \( \$ 300 \) million in infrastructure. Using the multiplier effect, calculate the real value of the spending in the economy with \( 40 \% \) leakages. Show calculations. EX

Answers

The government's $300 million infrastructure spending, considering a leakage rate of 40%, has a real value of $501 million to the economy when accounting for the multiplier effect.

To calculate the real value of the government's infrastructure spending using the multiplier effect, we need to take into account leakages. Leakages refer to the portions of the spending that do not directly contribute to the economy. In this case, the leakage rate is 40%.

Calculate the multiplier effect:

The multiplier effect determines how much the initial spending will stimulate the economy. It is calculated as 1 / (1 - leakage rate).

In this case, the leakage rate is 40%, so the multiplier effect is

1 / (1 - 0.4) = 1 / 0.6

                = 1.67.

Multiply the initial spending by the multiplier effect:

$300 million * 1.67 = $501 million.

Therefore, the real value of the spending to the economy, taking leakages into account, is $501 million.

Leakages occur when a portion of the spending leaks out of the economy instead of being reinvested or circulating within it. Leakages can take various forms, such as savings, taxes, or imports. In this case, the 40% leakage rate indicates that 40% of the government's spending will be saved, taxed, or used to purchase imports rather than directly contributing to economic activity within the country.

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1) The government has just invested $300 million in infrastructure. Using the multiplier effect calculate the real value of the spending to the economy with 40% leakages. Show ALL calculations. EXPLAIN leakages that reduce this amount. (2+2 marks) Calculation

An escrow account is used to collect from one's monthly mortgage payment. a. interest b. principal c. estate taxes d. homeowner's insurance e. c and d only

Answers

An escrow account is used to collect homeowner's insurance and estate taxes from one's monthly mortgage payment.

What is an escrow account?
An escrow account is a fund that is established to pay property taxes and insurance premiums on behalf of the borrower. This is in addition to the mortgage payment. An escrow account can be beneficial because it allows the homeowner to spread the payment out over the year instead of paying the entire sum at once. The funds are usually held by the mortgage company or an independent escrow company.

Most lenders prefer borrowers to have an escrow account to ensure that property taxes and insurance are paid on time. This decreases the risk that the property will be seized by the government or damaged by an uninsured event. The lender is also more likely to be repaid if the property has to be foreclosed upon.  

Thus, the correct options are (d) and (e). Homeowner's insurance and estate taxes are collected from one's monthly mortgage payment in an escrow account.

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1. Explain the alternative market segmentation strategies.
2. Demonstrate and describe relevant criteria for selecting
market segments.
3. Identify alternative bases for industrial segmentation.

Answers

1. Alternative market segmentation strategies involve dividing a market based on geographic, demographic, psychographic, and behavioral factors to target specific consumer groups.

2. The criteria for selecting market segments include measurability, accessibility, sustainability, substantiality, and compatibility with company goals and resources.

3. Alternative bases for industrial segmentation include customer size, end use, geographic location, purchasing situation, and product use, which help in targeting specific industrial customer groups.

1. Alternative market segmentation strategies: Market segmentation refers to a process of dividing a larger market into smaller groups of consumers who have common needs or characteristics. The alternative market segmentation strategies include:

Geographic Segmentation - This involves dividing a market into various geographical units like regions, states, countries, etc.

Demographic Segmentation - This segmentation is done based on age, income, occupation, education, gender, etc.

Psychographic Segmentation - This strategy is focused on people's lifestyle, values, beliefs, and personality.

Behavioral Segmentation - This involves analyzing people's behavior towards the product or service and their buying patterns.


2. Criteria for selecting market segments: The following are the criteria for selecting market segments:

Measurability - The segment should be measurable in terms of size and purchasing power.

Accessibility - The segment should be accessible in terms of marketing communication and distribution.

Sustainability - The segment should be stable and should have sustainable growth potential.

Substantiality - The segment should be large enough to generate sufficient revenue.

Compatibility - The segment should be compatible with the company's goals and resources.



3. Alternative bases for industrial segmentation: Industrial segmentation involves dividing the market based on different factors. The alternative bases for industrial segmentation are:

Customer Size - This segmentation is done based on the size of the customer's business.

End Use - This segmentation is done based on how customers use the product or service.

Geographic Location - This segmentation is done based on where the customer is located.

Purchasing Situation - This segmentation is done based on the customer's purchasing behavior and decision-making process.

Product Use - This segmentation is done based on how the product is used by the customer.

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A. oligopoly B. Tou much wisply Ci. High demand D. lew ecuiltriam

Answers

A. Oligopoly: Market structure with a few dominant firms.

B. "Too much wisply" is unclear.

C. High demand: Excess quantity desired by buyers.

D. "Lew ecuiltriam" is not a recognized term or phrase.

A. Oligopoly: Oligopoly is a market structure in which a few large firms dominate the industry. These firms have significant market power and can influence prices and market conditions. Oligopolies often exhibit interdependence, where the actions of one firm affect the others. Examples of oligopolistic industries include telecommunications, automobile manufacturing, and soft drinks.

B. Too much wisply: The term "wisply" is not a recognized word in the English language, so it is unclear what "too much wisply" would refer to. It seems to be a made-up term or a typo. If you provide more context or clarify the term, I can try to assist you further.

C. High demand: High demand refers to a situation in which the quantity of goods or services desired by buyers exceeds the available supply. When demand is high, consumers are willing to pay higher prices and may compete to obtain the product or service. High demand can be influenced by various factors, such as a popular product, a growing market, limited availability, or strong consumer preferences.

D. Lew ecuiltriam: "Lew ecuiltriam" is not a recognized term or phrase. It appears to be a jumble of letters without a clear meaning. If you intended to convey something specific, please provide more information or correct any possible errors so that I can assist you accurately.

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You have just made a $6,500 contribution to your individual retirement account. Assume you ear rate of return of 7.50 percent compounded annually and make no additional contributions. How much more will your account be worth when you retire in 40 years than it would be if you waited another 5 years before making this contribution? 42.812 $62,947 $50.700 $51.093 $35,590

Answers

Your account will be worth $42,812 more when you retire in 40 years than it would be if you waited another 5 years before making the $6,500 contribution.

To calculate the difference in the account value, we can use the future value formula for compound interest:

Future Value = Present Value × (1 + Interest Rate)^Number of Periods

Given:

Initial contribution: $6,500

Rate of return: 7.50% (0.075)

Compounding period: annually

Retirement period: 40 years

First, let's calculate the future value if you make the contribution now:

Future Value with 40-year period = $6,500 × (1 + 0.075)^40 = $68,987.38

Next, let's calculate the future value if you wait another 5 years before making the contribution:

Future Value with 35-year period = $6,500 × (1 + 0.075)^35 = $26,174.32

The difference in the account value is:

Difference = Future Value with 40-year period - Future Value with 35-year period

= $68,987.38 - $26,174.32

= $42,813.06

Therefore, your account will be worth $42,812 more when you retire in 40 years than it would be if you waited another 5 years before making the $6,500 contribution.

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In the absence of trade, a nation is in equilibrium where a community indifference curve A. lies above its production possibilities frontier. B. intersects its production possibilities frontier. C. lies below its production possibilities frontier. D. is tangent to its production possibilities frontier.

Answers

The answer to the question is: D. is tangent to its production possibilities frontier.

When a nation does not participate in trade, it is in a state of isolation, and the point where the community indifference curve is tangent to its production possibilities frontier is the point of equilibrium. It's worth noting that community indifference curves exhibit different levels of utility (satisfaction) based on the consumption of various commodities.

The point where the indifference curve is tangent to the production possibility frontier represents the maximum output level that a nation can produce from the given inputs without sacrificing some output from another one. Therefore, in the absence of trade, a nation is in equilibrium at a point where the community indifference curve is tangent to its production possibilities frontier, which is option D.

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Kenton's Lumber is a medium-sized lumber company, competing with home improvement giants in nearby markets. This lumber yard has one type of irventory: Merchandise Inventory. It tracks Merchandise Inventory separately for each of its product lines: lumber. flooring, and windows. The following shows Kenton's income statement for the most recent year. (Kenton's Lumber follows a similar methodology as Kohl's, also a merchandiser, in regard to ciassifying costs as either cost of sales or SGEiA expenses.) The following summary transactions reflect Kenton's activity during the year. (c) What is the difference between freight-in and delivery cost? Which of these iabels would be appropriate for the freight cost described in this problem?

Answers

The difference between freight-in and delivery cost lies in their purpose and timing. Freight-in refers to the cost incurred by a company to transport goods from suppliers to its own location. On the other hand, delivery cost refers to the expenses associated with delivering goods from the company's location to customers or end-users. In this scenario, the appropriate label for the freight cost described would be freight-in.

Freight-in and delivery cost are two distinct types of expenses that occur at different stages of the supply chain. Freight-in costs are incurred when a company purchases goods or materials from suppliers and arranges for their transportation to its own location. These costs are often included in the cost of goods sold (COGS) category on the income statement. Freight-in costs are considered part of the cost of acquiring the inventory and are directly associated with the purchase of goods.

On the other hand, delivery costs refer to the expenses associated with transporting goods from the company's location to the customers or end-users. These costs typically include expenses such as packaging, shipping, handling, and any other charges related to the transportation of the goods to the final destination. Delivery costs are generally classified as selling, general, and administrative (SG&A) expenses on the income statement.

In the given context, Kenton's Lumber is a lumber company that tracks its merchandise inventory separately for each of its product lines, including lumber, flooring, and windows. Therefore, the appropriate label for the freight cost described in this scenario would be freight-in. It represents the transportation expenses incurred by Kenton's Lumber to bring the lumber, flooring, and windows inventory from its suppliers to its own location. These costs are directly associated with the acquisition of the inventory and are part of the cost of goods sold.

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Suppose that US consumption spending is $13 1 trillion, gross private domestic investment is $3.5 trillion, government spending is $3.3 killion, and net exports are $0.5 trillion. If interest income is $1.0 trillion, depreciation is $0.5 trillion, wages are $12.1 trillion, and rental income is $0.9 trition, what is the net domestic product? Not domestic product is $ ____ trilion (Enter your response rounded to one decimal place.)

Answers

Net Domestic Product is $14.1 trillion. The formula to find out the Net Domestic Product is:

NDP = Gross Domestic Product (GDP) - Depreciation

Here, we can find the GDP by using the given data:

US consumption spending = $13.1 trillion

Gross private domestic investment = $3.5 trillion

Government spending = $3.3 trillion

Net exports = $0.5 trillion

Therefore,

GDP = Consumption expenditure + Investment + Government expenditure + Net Exports

GDP = $13.1 trillion + $3.5 trillion + $3.3 trillion + $0.5 trillion

GDP = $20.4 trillion

Now, we can put the value of GDP in the formula of NDP

NDP = GDP - Depreciation

NDP = $20.4 trillion - $0.5 trillion

NDP = $19.9 trillion

Therefore, the Net Domestic Product is $14.1 trillion (rounded to one decimal place).

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A vanilla type bond bears a 4.26% annual coupon, which is payable semi-annually. The bond was issued 6 years ago and had an original maturity date of 22 years. The current market price of the bond is 112.825%, What is the bond's yield-to-maturity?

Answers

To calculate the yield-to-maturity (YTM) of a bond, you need to use the current market price, coupon rate, coupon payments, and the time to maturity.

Given the following information:

Coupon rate: 4.26% (annual coupon rate)

Coupon payments: Semi-annual

Original maturity: 22 years

Current market price: 112.825%

First, calculate the number of coupon payments remaining until maturity. Since the bond pays coupons semi-annually and has a remaining maturity of 16 years (22 years - 6 years), there are 32 (16 years x 2) coupon payments left.

Next, calculate the semi-annual coupon payment amount:

Coupon payment = (Coupon rate / 2) * Face value

Assuming the face value of the bond is $100, the semi-annual coupon payment would be:

Coupon payment = (4.26% / 2) * $100 = $2.13

Now, let's calculate the YTM using the current market price and the future cash flows from the bond:

PV = (Coupon payment / (1 + YTM/2)) + (Coupon payment / (1 + YTM/2)^2) + ... + (Coupon payment + Face value / (1 + YTM/2)^32)

Where PV is the present value of the bond's cash flows and YTM is the yield-to-maturity.

We need to solve for YTM, and we know that PV is 112.825% of the face value:

112.825% = ($2.13 / (1 + YTM/2)) + ($2.13 / (1 + YTM/2)^2) + ... + ($2.13 + $100 / (1 + YTM/2)^32)

To find the YTM, we can use numerical methods or financial calculators that have built-in YTM functions. These tools can provide the YTM value, taking into account the cash flows and the current market price.

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The data in ATTEND.RAW were used to estimate the two equations atndrte = 47,33 + 13,37 priGPA
(2,87) (1,09)
n = 680R^2 = .183
and
atndrte = 75.70 + 17.26 priGPA - 1.72 ACT
(3.88) (1.08) (?)
n = 680.R^2 = 291
Where, as always, standard errors are in parentheses; the standard error for ACT is missing in the second equation. What is the t statistic for the coefficient on ACT? (Hint: First compute the F statistic for significance of ACT)

Answers

To compute the t-statistic for the coefficient on ACT, we first need to compute the standard error for ACT using the available information.

Given:

- The second equation is: atndrte = 75.70 + 17.26 priGPA - 1.72 ACT

- The standard error for priGPA is 1.08.

The missing standard error for ACT is denoted as "?". Without this value, we cannot directly compute the t-statistic for ACT. However, we can use the F statistic to indirectly calculate it.

The F statistic is computed as the ratio of the explained sum of squares (ESS) to the residual sum of squares (RSS). It can be expressed as:

F = (R^2 / k) / ((1 - R^2) / (n - k - 1))

where R^2 is the coefficient of determination, k is the number of predictors (excluding the intercept term), and n is the sample size.

In this case:

- R^2 = 0.291 (given)

- k = 2 (there are two predictors: priGPA and ACT)

- n = 680 (given)

Plugging these values into the F statistic formula, we can solve for the F statistic:

F = (0.291 / 2) / ((1 - 0.291) / (680 - 2 - 1))

F = 0.1455 / (0.709 / 677)

F ≈ 0.1455 / 0.001047

F ≈ 139.05

The F statistic is 139.05. To compute the t-statistic for the coefficient on ACT, we can use the F statistic and the degrees of freedom associated with ACT, which is 1 (since there is only one coefficient for ACT). The t statistic for ACT is the square root of the F statistic:

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Midyear on July 31st, the Chester Corporation's balance sheet reported: Total Liabilities of $76.922 million Total Common Stock of $3.810 million Cash of $6.030 million Retained Earnings of $27.155 million. What were the Chester Corporation's total assets?
$101.857 million
$107.887 million
$51.987 million
$55.797 million

Answers

To determine the total assets of Chester Corporation, we need to use the basic accounting equation, which states:

Total Assets = Total Liabilities + Total Stockholder's Equity

In this case, the Total Stockholder's Equity can be calculated by adding the Common Stock and Retained Earnings.

Total Stockholder's Equity = Total Common Stock + Retained Earnings

Total Stockholder's Equity = $3.810 million + $27.155 million

Total Stockholder's Equity = $30.965 million

Now, we can calculate the Total Assets:

Total Assets = Total Liabilities + Total Stockholder's Equity

Total Assets = $76.922 million + $30.965 million

Total Assets = $107.887 million

Therefore, the Chester Corporation's total assets are $107.887 million.

The correct answer is: $107.887 million.

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Troy Limited is a telecommunications business. The following information is available for the year ended 31 December 202X -Balance of retained profits from previous years stands at £160,000 -Net profit for the year was £60,000 -It has been agreed that a transfer to a general reserve of £55,000 is to be made -Corporation tax of £16,400 is to be paid on the year's profit -It has been agreed that a dividend of 10% is to be paid in the issued share capital of £150,000 Prepare Profit and Loss appropriation account for Troy Limited for the year ending 31 December 202X.

Answers

The net profit for the year is £60,000, and the balance in retained earnings from previous years is £160,000. The final retained earnings balance of £150,000.

Profit and Loss Appropriation Account of Troy Limited for the year ending 31st December 202X are as follows:

Particulars Amount (£)Amount (£)Net profit for the year 60,000

Add: Balance in retained earnings from previous years 160,000, 220,000

Less: Transfer to general reserve 55,000

Dividend to be paid (10% on £150,000) 15,000, 70,000

Profit transferred to retained earnings 150,000

Total 220,000

As shown above, the net profit for the year is £60,000, and the balance in retained earnings from previous years is £160,000. The total of these two amounts is £220,000.

Then £55,000 is transferred to a general reserve, and £15,000 is paid as a dividend (which is 10% of £150,000 in issued share capital).

Finally, £70,000 (£55,000 + £15,000) is subtracted from £220,000 to arrive at the final retained earnings balance of £150,000.

Thus, the Profit and Loss Appropriation Account for the year ending December 31, 202X, is complete.

Troy Limited is a telecommunications business. The above-mentioned Profit and Loss Appropriation Account is for the year ending 31 December 202X.

The balance of retained profits from previous years stands at £160,000, and the net profit for the year was £60,000. It has been agreed that a transfer to a general reserve of £55,000 is to be made. Corporation tax of £16,400 is to be paid on the year's profit.

Additionally, it has been agreed that a dividend of 10% is to be paid in the issued share capital of £150,000.

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Which of the following is used in economic analysis to judge the effect of taxes on economic welfare?
a.
consumer and producer surplus
b.
equilibrium price and quantity
c.
government deficits
d.
opportunity cost

Answers

(a) Consumer and producer surplus are used in economic analysis to judge the effect of taxes on economic welfare.

Consumer and producer surplus are important concepts in economics that help assess the impact of taxes on economic welfare. Consumer surplus represents the difference between what consumers are willing to pay for a good or service and what they actually pay. It measures the net benefit or gain that consumers receive from purchasing a product at a given price. When taxes are imposed, consumer surplus tends to decrease as the price paid by consumers increases.

Producer surplus, on the other hand, measures the difference between the price producers receive for a good or service and the minimum price they are willing to accept. It reflects the net benefit or gain that producers obtain from selling their products at a given price. Taxes can reduce producer surplus as the price received by producers decreases.

By examining the changes in consumer and producer surplus due to the imposition of taxes, economists can assess the welfare effects of taxation on market participants. If the reduction in surplus outweighs any potential benefits, it indicates a negative impact on economic welfare. Hence, consumer and producer surplus are key indicators used in economic analysis to evaluate the effect of taxes on economic welfare.

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6 Dok nt nces Seved Required: 1. What was the balance in gross accounts receivable as of 12/31/2020? 2. What journal entry should Johnson record to recognize bad debt expense for 2021? Help Johnson Company calculates its allowance for uncollectible accounts as 5% of its ending balance in gross accounts receivable. The allowance for uncollectible accounts had a credit balance of $20,000 at the beginning of 2021. No previously written-off accounts receivable were reinstated during 2021. At 12/31/2021, gross accounts receivable totaled $333,400, and prior to recording the adjusting entry to recognize bad debts expense for 2021, the allowance for uncollectible accounts had a debit balance of 36,600 Required 1 Required 2 Required 3 What was the balance in gross accounts receivable as of 12/31/2020? Balance in gross accounts receivable Required 4 Save & Exit Submit Check my work 3. Assume Johnson made no other adjustment of the allowance for uncollectible accounts during 2021. Determine the amount of accounts receivable written off during 2021. 4. If Johnson instead used the direct write-off method, what would bad debt expense be for 2021?

Answers

The balance in gross accounts receivable as of 12/31/2020 was not provided in the given information.

To recognize bad debt expense for 2021, Johnson Company needs to calculate the change in the allowance for uncollectible accounts. The allowance is calculated as 5% of the ending balance in gross accounts receivable.

At the beginning of 2021, the allowance had a credit balance of $20,000. The adjusting entry to recognize bad debt expense for 2021 should bring the allowance to the desired balance.

To calculate the adjustment, we need to determine the change required in the allowance. This change is the difference between the desired ending balance and the beginning balance of the allowance.

The desired ending balance is 5% of the ending balance in gross accounts receivable. Since the allowance had a debit balance of $36,600 at the end of 2021, the adjustment will be the difference between the desired ending balance and the debit balance.

The amount of accounts receivable written off during 2021 can be determined by calculating the difference between the beginning and ending balances of the allowance for uncollectible accounts.

If Johnson Company used the direct write-off method instead of the allowance method, the bad debt expense for 2021 would be the actual amount of accounts receivable that became uncollectible and were written off during the year.

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Create a flow chart that will show the agrarian situation during
the pre-colonial era up to marcos regime here in the
Philippines

Answers

The flow chart highlights key developments and changes in land ownership, agricultural practices, and agrarian policies during this period.

Pre-colonial Era:

Land was collectively owned and managed by indigenous communities.

Agricultural practices were diverse and varied across different regions.

Land was primarily used for subsistence farming.

Spanish Colonial Period:

Spanish colonizers introduced the encomienda system, granting large landholdings to Spanish elites.

Indigenous land rights were undermined, and forced labor (repartimiento) was imposed on indigenous farmers.

Large-scale commercial farming, particularly sugarcane and tobacco plantations, emerged under the hacienda system.

American Colonial Period:

Land distribution remained concentrated in the hands of a few wealthy landowners.

The implementation of the Torrens System aimed to establish a formal land registration process.

Cash crop cultivation expanded, particularly for export-oriented industries like sugar and coconut.

Post-World War II:

Land reform initiatives were introduced, such as the Agricultural Tenancy Act of 1954, to address land inequality.

The Hukbalahap Rebellion influenced agrarian policies, leading to the creation of agricultural cooperatives and land redistribution programs.

Marcos Regime:

Land reform programs like the Land Reform Act of 1972 were implemented but faced challenges and limitations.

The declaration of martial law in 1972 had significant implications for land ownership and control.

The establishment of government-controlled agribusiness corporations and land conversion projects further affected agricultural lands.

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What are your views on knowledge networks and communities of practice? Is the CoP an outdated notion that is too constraining? Why or why not?
Consider the case of an organization that has been in existence for over 20 years and another company that is a recent start-up. Compare and contrast the type of knowledge support system you would design for each one and justify your recommendations. Address how the two companies would need to be treated differently e.g. in terms of where the emphasis and the majority of the effort will occur. Illustrate your recommended KSS solution for each of the two organizations and highlight the key components.

Answers

Knowledge networks and communities of practice are a significant source of knowledge sharing and transfer. A community of practice (CoP) is a group of individuals who share a common interest, experience, and knowledge.

They learn from each other by sharing their experiences and knowledge, and in this way, the CoP is an important source of tacit knowledge. Organizations can use CoPs to generate knowledge, accelerate innovation, and improve organizational performance.The CoP is not an outdated notion that is too constraining. It is still relevant in the present-day knowledge economy, where the demand for knowledge sharing and transfer is high. CoPs can be considered as an effective and efficient method of knowledge transfer, as members learn through active participation, interaction, and collaboration. CoP's bring together individuals with similar knowledge, experience, and interest, and in this way, they can help bridge the gap between the explicit and tacit knowledge that exists in the organization. For a company that has been in existence for over 20 years, it is likely that they already have an established knowledge base that they can build on. In contrast, for a recent start-up, the focus would be on building a knowledge base from scratch. In designing a knowledge support system for each organization, it would be necessary to recognize these differences.The company that has been in existence for over 20 years would need to be treated differently from a recent start-up. In this case, the emphasis would be on building on the existing knowledge base, and the majority of the effort would occur in the maintenance of this knowledge base. The recommended KSS solution would be to leverage existing CoPs in the organization and encourage the development of new CoPs where gaps exist. The key components would include identification of knowledge gaps, mapping of existing knowledge, development of knowledge repositories, and the establishment of mechanisms for knowledge sharing and transfer.For a recent start-up, the emphasis would be on building a knowledge base from scratch. In this case, the recommended KSS solution would be to create a knowledge management strategy that would outline the organization's knowledge needs and how they will be met. The key components would include the development of a knowledge repository, identification of knowledge gaps, mapping of existing knowledge, and the establishment of mechanisms for knowledge sharing and transfer.

In conclusion, knowledge networks and CoPs are still relevant in the present-day knowledge economy. CoPs provide a significant source of tacit knowledge that can be leveraged for organizational performance. In designing a KSS solution for an organization, it is essential to recognize the differences between a company that has been in existence for over 20 years and a recent start-up. The key components of the KSS solution would include the identification of knowledge gaps, mapping of existing knowledge, development of knowledge repositories, and the establishment of mechanisms for knowledge sharing and transfer.

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Explain why there is zero 'crowding out' in the IS-LM model with interestsetting monetary policy and endogenous money for levels of output up to full-employment?

Answers

In the IS-LM model with interest-setting monetary policy and endogenous money, there is zero 'crowding out' effect for output up to full employment due to accommodative money supply.

Explain the impact of inflation on purchasing power and the economy.

In the IS-LM model with interest-setting monetary policy and endogenous money, there is zero 'crowding out' effect for levels of output up to full employment due to the nature of the monetary policy and money supply.

In this model, the central bank adjusts the interest rate to influence aggregate demand and stabilize the economy.

When output is below full employment, the central bank lowers interest rates to stimulate investment and consumption, leading to an increase in aggregate demand and output.

However, since money is endogenous in this model, the increase in aggregate demand does not lead to a decrease in private investment or consumption.

Instead, the increased demand for goods and services is accommodated by an expansion of the money supply, ensuring that there is no crowding out effect.

As a result, the economy can reach full employment without experiencing a reduction in private sector spending.

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Which of the following is not one of the conclusions of Hawthorne studies? a less strict supervision is likely to increase worker productivity Ob managers should cooperate with informal groups to increase cohesion among workers Oc informal groups at work are important mechanisms of social control over workers' behavior O d. for workers to be productive they need to be economically satisfied with their jobs

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The conclusion of the Hawthorne studies that is not included in the given options is: "A less strict supervision is likely to increase worker productivity."

The Hawthorne studies were a series of experiments conducted at the Western Electric Hawthorne Works in Chicago during the 1920s and 1930s. The studies explored various factors that could affect worker productivity. While the studies did reveal that informal groups at work are important mechanisms of social control over workers' behavior (Option C), and that workers need to be economically satisfied with their jobs to be productive (Option D), they did not specifically conclude that less strict supervision would increase productivity (Option A). In fact, the studies highlighted the significance of social factors, such as the Hawthorne effect, where workers' productivity improved simply because they were being observed or given attention. The studies emphasized the complexity of human behavior and the need for a holistic approach to understanding and managing workers.

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What are the potential health hazards of Microplastics? Get the
information in papers, journals or articles confiables.

Answers

Microplastics are small plastic particles that measure less than five millimeters in diameter. These are the potential health hazards of Microplastics:

What are microplastics?

Microplastics are not biodegradable. They are in the form of small particles, fibers, or fragments, and they accumulate in the oceans, soil, and freshwater bodies. Microplastics have become a significant environmental concern since they pose significant health and environmental risks. They are common in the food chain as they are eaten by fish, and then by humans who consume these fish. Studies have shown that over ninety percent of the world's water contains microplastics.

The potential health hazards of Microplastics include:

Cancer: Chemicals released by microplastics can result in cancer and other severe health problems. Cancer is a result of long-term exposure to these chemicals, especially in microplastics that are ingested via food. The ingestion of microplastics in marine organisms may cause the transfer of harmful chemicals to humans, posing a severe health risk.

Pulmonary Fibrosis: Microplastics can cause respiratory problems, especially when inhaled. These tiny particles can accumulate in the lungs and lead to inflammation, scarring, and pulmonary fibrosis, a chronic lung disease caused by damage to the lung tissues. The lung's normal function is adversely affected by pulmonary fibrosis.

Cardiovascular disease: Chemicals from microplastics may also have adverse effects on the heart and circulatory system, leading to cardiovascular disease.

Allergies and infections: Microplastics can lead to allergic reactions and bacterial infections when they enter the body through the skin. It can also result in other allergic diseases such as eczema, asthma, and allergic rhinitis, which can increase the risk of serious health problems.To conclude, microplastics are a severe threat to public health. As a result, there is a need to educate the public on the importance of responsible waste management practices, such as recycling and reducing plastic usage, and to take other measures to reduce the incidence of microplastics in the environment.

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Answer the question based on the demand and cost schedules for a monopolistically competitive firm given in the table below.
Price Quantity Demanded Total Cost Output
$30 1 $10 1
27 2 20 2
24 3 29 3
21 4 36 4
15 5 40 5
10 6 42 6
At the profit-maximizing level of output, marginal revenue is
Multiple Choice
$21.
$84.
$12.
$5.

Answers

Based on the data provided, at the profit-maximizing level of output, the marginal revenue is $30, which is the same as the price.

To determine the profit-maximizing level of output and the corresponding marginal revenue, we need to calculate the marginal cost (MC) and compare it to the marginal revenue (MR).

Using the table provided, we can calculate the marginal cost (MC) by subtracting the total cost of the previous level of output from the total cost of the current level of output:

MC = Total Cost (n) - Total Cost (n-1)

MC = TC(n) - TC(n-1)

Using the given data, we can calculate the marginal cost (MC) as follows:

MC(1 to 2) = $20 - $10 = $10

MC(2 to 3) = $29 - $20 = $9

MC(3 to 4) = $36 - $29 = $7

MC(4 to 5) = $40 - $36 = $4

MC(5 to 6) = $42 - $40 = $2

Now, to find the profit-maximizing level of output, we compare the marginal cost (MC) to the marginal revenue (MR). In a monopolistically competitive market, the marginal revenue is equal to the price (P) since the firm can sell additional units at the existing market price.

From the table, we can see that the price (P) is given as $30. Therefore, the marginal revenue (MR) is $30.

Comparing the marginal cost (MC) to the marginal revenue (MR), we can determine the profit-maximizing level of output. The level at which MC = MR maximizes the firm's profit.

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The journal entry for deferred income taxes would include a OA. debit to income tax expense OB. a debit to accounts receivable OC. a debit to income tax payable OD. a debit to cash

Answers

The journal entry for deferred income taxes would include a debit to income tax expense. Option a is correct.

A deferred income tax is a tax that an entity has earned but has not yet paid to the government. Deferred income tax is classified as a liability in the financial statements since it represents a tax liability that the entity must pay in the future.

The journal entry for deferred income tax would include a debit to income tax expense. This is because deferred income tax represents a future tax liability that the entity must pay, and income tax expense represents the amount of tax paid in the current fiscal year. As a result, deferred income tax is classified as an expense, which is why it is debited to income tax expense.

Therefore, a is correct.

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A company bond currently sells for 945.25 and have a par value of 1000. The coupon rate is 12.5 with semi annual payments. The maturity is 14 years, but they can be called in 5 years. What is the yield to call (ytc)?

Answers

To calculate the yield to call (YTC) for a bond, we need to use the formula for yield to call and solve for the interest rate that makes the present value of the bond's cash flows equal to its current market price.

The formula for yield to call is as follows:

YTC = (C + [(F - P) / n]) / [(F + P) / 2]

Where:

YTC = Yield to Call

C = Annual coupon payment

F = Par value of the bond

P = Current market price of the bond

n = Number of periods until the bond can be called

In this case:

C = 12.5 (semi-annual coupon payment)

F = 1000 (par value of the bond)

P = 945.25 (current market price of the bond)

n = 5 (number of periods until the bond can be called)

Let's calculate the yield to call (YTC):

YTC = (12.5 + [(1000 - 945.25) / 5]) / [(1000 + 945.25) / 2]

YTC = (12.5 + [54.75 / 5]) / [1945.25 / 2]

YTC = (12.5 + 10.95) / 972.625

YTC ≈ 23.34%

Therefore, the yield to call (YTC) for the bond is approximately 23.34%.

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Financial managers and investors do not operate in a vacuum,
they make decisions within a large and complex financial
environment. This environment includes financial markets and
institutions, tax and

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Financial managers and investors operate within a complex financial environment that includes financial markets and institutions, tax regulations, government policies, economic conditions, and global factors.

Financial markets play a crucial role in the decision-making process of financial managers and investors. These markets provide a platform for buying and selling various financial instruments such as stocks, bonds, commodities, and currencies. The performance of these markets can have a significant impact on investment decisions, portfolio management, and the overall financial health of businesses and individuals.

Financial institutions, such as banks, credit unions, insurance companies, and investment firms, also form a crucial part of the financial environment. These institutions provide services such as lending, insurance, investment management, and financial advice. Financial managers and investors interact with these institutions to secure funding, manage risk, and seek investment opportunities.

Tax regulations and government policies are another important aspect of the financial environment. Tax laws and policies can influence investment decisions, capital allocation, and overall profitability. Financial managers and investors need to consider tax implications when making investment choices and financial decisions.

Economic conditions, both at the macro and micro levels, also impact financial decision-making. Factors such as interest rates, inflation, GDP growth, employment rates, and consumer sentiment can affect investment returns, borrowing costs, and overall financial performance.

Global factors, including geopolitical events, international trade policies, currency fluctuations, and global economic trends, also influence financial markets and investment decisions. Financial managers and investors need to stay informed about these global developments and assess their potential impact on their investment portfolios.

Financial managers and investors operate within a complex financial environment that encompasses various elements, including financial markets and institutions, tax and government policies, economic conditions, and global factors. Understanding and navigating this environment is crucial for making informed investment decisions and managing financial resources effectively.

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Identify varied conflicts that can occur in the employment relationship, with specific reference to the role of trade unions in managing this conflict. In your discussion critically analyse various theoretical frameworks and use an organisational example. Requires ability to outline various conflicts and disputes that can complicate the employment relationship e.g. pay, unfair treatment, poor management, poor communications, unclear job roles etc Use relevant theories to critically evaluate different conflicts in the employment relationship Utilising the the main features of the unitary, pluralist and radical perspectives outline the role of trade unions and its changing trends

Answers

In the context of employment relationships, conflicts and disputes arise due to several reasons such as pay, unfair treatment, poor management, poor communications, unclear job roles, etc. These conflicts can result in various negative effects on both employees and employers.

This essay will identify and critically analyze different conflicts that can arise in the employment relationship, with specific reference to the role of trade unions in managing this conflict. Theoretical frameworks will be utilized to critically evaluate the different conflicts in the employment relationship. An organizational example will also be used to support the essay's arguments.

Conflict and Disputes in Employment Relationship
In the workplace, there are various sources of conflict and disputes. Firstly, conflicts arise due to different interpretations of the employment agreement between employees and employers. Secondly, disagreements on employee performance evaluation and compensation may also result in conflicts. Employees may perceive that they are being unfairly treated. Lastly, conflicts can arise due to lack of job security. In most cases, employees who feel that their job security is threatened may resort to industrial action.

Theoretical Frameworks
To analyze and understand conflicts and disputes in the employment relationship, several theoretical frameworks can be used. The Unitary, Pluralist, and Radical perspectives provide the most appropriate frameworks for analyzing conflicts in the employment relationship.
Unitary Perspective: This perspective views the organization as a team that works together towards a common goal. Conflicts are viewed as distractions that hinder the achievement of the organization's objectives.

The management has the responsibility of ensuring that the employees' interests align with the organization's interests.
Pluralist Perspective: This perspective views the organization as a collection of groups with different interests. Conflicts arise as a result of the different interests and objectives of these groups. Trade unions play a significant role in protecting the interests of employees.
Radical Perspective: This perspective views the organization as a political entity where conflicts arise due to the inherent power imbalances between employers and employees. Trade unions are necessary for ensuring that employees' interests are protected against the employer's power.

The Role of Trade Unions
Trade unions play an essential role in managing conflicts and disputes in the employment relationship. Trade unions ensure that employees' interests are protected, and they are not being exploited. They negotiate and bargain with the employer on behalf of employees. Through collective bargaining, trade unions can ensure that employees are well compensated and that their working conditions are suitable.

In conclusion, conflicts and disputes in the employment relationship can lead to negative outcomes for both employees and employers. Theoretical frameworks such as the Unitary, Pluralist, and Radical perspectives can be used to analyze and understand the conflicts. Trade unions play a significant role in managing conflicts and disputes by ensuring that employees' interests are protected. Through collective bargaining, trade unions can negotiate with employers on behalf of employees, ensuring that their interests are well represented. An organizational example such as the British Airways can be used to support the arguments presented in this essay.

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39.Assume Beta Corporation has a YTM of 6.24% and yield changed instantaneously by -0.7876%.
Given the bond's original price of $100, the coupon rate of 14.51% and the modified duration of 3.1 then what is the approximate percentage change in price? Use four decimal places.

Answers

Given the bond's original price of $100, the coupon rate of 14.51% and the modified duration of 3.1 then the approximate percentage change in price can be calculated as follows:  

Explanation: We know that the percentage change in price is calculated by:$$-\text{Modified duration} \times \text{Yield change}$$Substituting the given values, we have:$$-\text{Modified duration} \times \text{Yield change}=-3.1 \times (-0.007876)=0.024316$$Therefore, the approximate percentage change in price is 2.4316%.Rounded to four decimal places, it gives $2.4316 \approx 2.4315$Hence, the approximate percentage change in price is 2.4315%.  

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Knight Inventory Systems, Inc., has announced a rights offer. The company has announced that it will take three rights to buy a new share in the offering at a subscription price of $50. At the close of business the day before the ex-rights day, the company�s stock sells for $90 per share. The next morning, you notice that the stock sells for $65 per share and the rights sell for $3 each.
What is the value of the stock ex rights? (Round your answer to 2 decimal places. (e.g., 32.16))
What is the value of the rights?
What is the amount of instant profit you can make on ex rights day per share?

Answers

Value of stock ex rightsThe value of stock ex rights can be calculated by subtracting the value of rights from the value of the original stock. The stock price has fallen to $65 after the announcement of the rights offer. So,Value of stock ex rights = Value of original stock - Value of rights= $90 - 3($50/3) = $40.00 (rounded to 2 decimal places)Value of the rightsThe rights can be used to buy a new share in the offering at a subscription price of $50.

Value of stock ex rightsThe value of stock ex rights can be calculated by subtracting the value of rights from the value of the original stock. The stock price has fallen to $65 after the announcement of the rights offer. So,Value of stock ex rights = Value of original stock - Value of rights= $90 - 3($50/3) = $40.00 (rounded to 2 decimal places)Value of the rightsThe rights can be used to buy a new share in the offering at a subscription price of $50. It will take three rights to buy one new share. So, the value of the rights is the difference between the subscription price and the market price of rights. Therefore, the value of the rights is $5.00 each.Amount of instant profit you can make on ex rights day per shareThe ex-rights day is the first day on which a security is traded without rights attached. So, on the ex-rights day, the value of the stock should be equal to the value of the stock ex rights plus the value of the rights. Therefore, the value of the stock on the ex-rights day should be $40.00 + $5.00 = $45.00The instant profit you can make on ex-rights day per share is the difference between the ex-rights price and the subscription price, i.e.,$50 - $45 = $5.00Thus, the value of the stock ex rights is $40.00, the value of the rights is $5.00 each and the amount of instant profit you can make on ex rights day per share is $5.00.

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What is the relationship between price elasticity of demand and total revenue? How does price elasticity of demand affect a firm's pricing decisions? How does the availability of substitutes affect the price elasticity of demand? Provide a real-world example that illustrates your points.

Answers

The price elasticity of demand measures the responsiveness of quantity demanded to changes in price. It determines the relationship between price elasticity of demand and total revenue. When demand is elastic (elasticity > 1), a decrease in price leads to an increase in total revenue, while an increase in price leads to a decrease in total revenue.

The price elasticity of demand reflects the sensitivity of consumers to price changes. When demand is elastic, a small change in price leads to a relatively larger change in quantity demanded. In this case, if a firm decreases the price, the percentage increase in quantity demanded will be greater than the percentage decrease in price, resulting in an increase in total revenue. Conversely, if the firm increases the price, the percentage decrease in quantity demanded will be greater than the percentage increase in price, leading to a decrease in total revenue.

In contrast, when demand is inelastic, a change in price has a relatively smaller impact on quantity demanded. If a firm decreases the price, the increase in quantity demanded will be proportionally smaller, resulting in a decrease in total revenue. Conversely, if the firm increases the price, the decrease in quantity demanded will be proportionally smaller, leading to an increase in total revenue.

The availability of substitutes is a key factor in determining price elasticity of demand. When there are more substitutes available for a product, consumers have greater flexibility to switch to alternative options if the price changes. This higher availability of substitutes makes the demand more elastic because consumers can easily respond to price fluctuations by choosing alternative products. On the other hand, when there are fewer substitutes available, consumers have limited choices, making the demand less elastic.

A real-world example of price elasticity of demand can be seen in the market for gasoline. In regions where there are numerous gas stations and alternative modes of transportation, such as public transit or electric vehicles, the demand for gasoline tends to be more elastic. When gas prices increase, consumers have the option to switch to alternative transportation methods or purchase fuel-efficient vehicles, resulting in a significant decrease in quantity demanded and total revenue for gas stations.

Conversely, in regions where there are fewer substitutes available, such as remote areas with limited public transportation options, the demand for gasoline tends to be more inelastic. In these areas, even if gas prices increase, consumers have few alternatives, leading to a smaller decrease in quantity demanded and a relatively smaller impact on total revenue for gas stations.

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Title: ​The HEFT​​​Season 7​Episode 10​Length 7:33
1. What circumstances brought Marco Longley to the invention of this product?
2. Looking at features, what are the product benefits of this product?
3. What is the $25,000 for?
4. Why do the Dragons say that Marco is an inventor, not an entrepreneur?
5. What is the difference between Kevin’s offer and Arlene’s offer?
6. What would Marco Longley have gained from taking Kevin’s offer?

Answers

1. Marco Longley was brought to the invention of The HEFT when he moved from the city to a country farm where he began to experience back pain and fatigue while using a shovel. He started to look for a solution that could make his work easier and more comfortable, which resulted in the invention of The HEFT.

The HEFT is a product by Marco Longley. The answers to the questions on the product are as follows:

1. Marco Longley was brought to the invention of The HEFT when he moved from the city to a country farm where he began to experience back pain and fatigue while using a shovel. He started to look for a solution that could make his work easier and more comfortable, which resulted in the invention of The HEFT.

2. The product benefits of The HEFT include reducing back pain and fatigue, making it easier to lift heavy objects such as shovels, rakes, and brooms, and increasing productivity.

3. The $25,000 is an investment offer made by Arlene to help with the business.

4. The Dragons said that Marco was an inventor, not an entrepreneur because he lacked the experience of being an entrepreneur, and this was his first product.

5. Kevin's offer for 33% of the company was a royalty deal for $2.50 per unit with a $25,000 investment. Arlene's offer for $25,000 was for a 40% stake in the company.

6. Marco Longley would have gained business acumen from taking Kevin's offer because of his experience with entrepreneurship.

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Discuss the idea of creating constructive conflict. How can it be done? What is the result? Use examples.

Answers

The result of constructive conflict is a collaborative environment that allows individuals to challenge their ideas and beliefs, expand their knowledge, and work towards a common goal. It allows the team to make informed decisions, be more productive, and create a sense of belonging and trust among members.

Constructive conflict is a healthy disagreement that encourages diverse perspectives and generates creative problem-solving. It happens when people with diverse views come together to discuss and resolve the issue at hand. It is a conflict that ultimately leads to growth and progress rather than hindering it.

Constructive conflict can be created through the following ways:1. Creating an environment that fosters respectful disagreement, free expression, and open-mindedness.

2. Encouraging diversity of thought and background.

3. Having guidelines and policies to ensure that debates remain respectful, safe, and objective.

4. Using facilitators to guide the discussions and to ensure that all voices are heard.

5. Encouraging people to focus on the problem and not the person.

6. Providing training on conflict management, negotiation, and effective communication.

7. Having clearly defined goals and outcomes to prevent the discussion from going off-topic.Example of Constructive Conflict Constructive conflict can be illustrated in many contexts. For instance, when teams engage in discussions about how to handle a particular project, members often come from different backgrounds and may have varying opinions on how to move forward.

In such cases, the team leader can encourage each member to share their views, and they can come up with the best strategy for the project.Thus, the result of constructive conflict is a collaborative environment that allows individuals to challenge their ideas and beliefs, expand their knowledge, and work towards a common goal. It allows the team to make informed decisions, be more productive, and create a sense of belonging and trust among members.

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Is SOCSO benefits extended to employees working from
home (WFH)? If yes, discuss the benefits and how the plan works?(10
MARKS)

Answers

Yes, SOCSO benefits are extended to employees working from home (WFH).

Here is a 100 words answer to the question:In Malaysia, the Social Security Organisation (SOCSO) provides protection to employees, and the Employment Injury Scheme (EIS) aims to safeguard workers' wellbeing in the event of job loss. SOCSO is designed to aid employees in the event of an accident or illness that causes disability or death, as well as to offer assistance to unemployed employees, including those who work from home (WFH).Employees who work from home are subject to the same SOCSO benefits as those who work in an office.

According to the Employment Insurance System Act 2017, this includes financial aid, placement and training assistance, as well as early re-employment programmes. When employees work from home, they must register with SOCSO to be covered by these benefits.

Similarly, employees who work from home are covered by the Employment Injury Scheme (EIS), which provides financial aid to employees who have lost their jobs due to termination or redundancy. The benefits and how the plan works for employees who work from home are the same as for those who work in an office. As a result, if an employee is injured or loses their job while working from home, they are entitled to compensation under the Employment Injury Scheme (EIS).In conclusion, SOCSO benefits and the Employment Injury Scheme (EIS) are extended to employees who work from home in Malaysia. This provides assurance and coverage to employees who work from home.

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Other Questions
You have been employed as an internal auditor at Music & Company Limited (Music & Co) for five years. The company is listed on the JSE Limited, the South African stock exchange. Music & Co sells compact discs (CDs), digital versatile discs (DVDs) and sound equipment to the public through its 50 retail stores located in shopping malls in Southern Africa. The head office of Music & Co is in Sunninghill, Johannesburg. All purchases of inventory are processed at the companys head office. The inventory is kept in the companys warehouse from where it is dispatched to the retail stores. The warehouse is located next to the airport in Johannesburg.The chief audit executive has assigned you to the auditing of purchases of inventory. A "purchase of inventory" engagement is included in the annual risk-based internal audit plan for 2022. Assisting you in the three-week engagement is Wanika Frere, an internal audit trainee. Ms Frere is a recent internal audit graduate who joined the internal audit activity two months ago.You are currently in the planning stage of this engagement. You have had preliminary contact with the client, Mr Mamadu, who is the head of finance. You requested a report on purchases of inventory for the financial years ending 28 February 2021 and 28 February 2022, and were provided with the following summary:Period Amount (R)1 March 2021 to 28 February 2022 16 629 6621 March 2020 to 28 February 2021 11 988 898YOU ARE REQUIRED TO:(a) Identify the types of audit engagements you could perform of "purchase of inventory", and briefly explain the purpose of each type of engagement. [7](b) The internal audit process consists of the planning, performing, communicating results and monitoring progress stages. Identify the stage of the audit process into which each of the procedures/activities listed below falls (you can assume that the audit engagement of "purchase of inventory" is finished). Where you select the planning stage, the step within the planning stage should also be identified:1. Comparing the balance of purchases of inventory of 2022 to the balance of 2021 in order to determine the reasonableness of the amount spent.2. Deciding on the need for a legal expert in determining whether purchases of CDs and DVDs infringe any copyright laws.3. Contacting the head of finance, Mr Mamadu, to inform him of the proposed audit engagement.4. Analysing and evaluating evidence obtained.5. Listing of the following engagement procedure: Recalculate the invoice amount on a sample of purchase invoices.6. Supervising Ms Frere, the internal audit trainee, as she is executing the engagement procedures.7. Deciding on the nature, timing and extent of the engagement procedures.8. Footing the purchase column in the purchase journal. [12] Music Teachers, Inc., is an educational association for music teachers that has 20,000 members. The association operates from a central headquarters but has local membership chapters throughout the United States. Monthly meetings are held by the local chapters to discuss recent developments on topics of interest to music teachers. The association's journal, Teachers' Forum, is issued monthly with features about recent developments in the field. The association publishes books and reports and also sponsors professional courses that qualify for continuing professional education credit. The association's statement of revenues and expenses for the current year is presented below.Revenues $3,275,000Expenses:Salaries 920,000Personnel costs 230,000Occupancy costs 280,000Reimbursement of member costs to local chapters. 600,000Other membership services 500,000Printing and paper 320,000Postage and shipping 176,000Instructors' fees 80,000General and administrative 38,000Total expenses 3,144,000Excess of revenues over expenses . $ 131,000The board of directors of Music Teachers, Inc., has requested that a segmented income statement be prepared showing the contribution of each profit center to the association. The association has four profit centers: Membership Division. Magazine Subscriptions Division. Books and Reports Division, and Continuing Education Division. Mike Doyle has been assigned responsibility for preparing the segmented income statement, and he has gathered the following data prior to its preparation.a. Membership dues are $100 per year, of which $20 is considered to cover a one-year subscription to the association's journal. Other benefits include membership in the association and chapter affiliation. The portion of the dues covering the magazine subscription ($20) should be assigned to the Magazine Subscription Division.b. One-year subscriptions to Teachers' Forum were sold to nonmembers and libraries at $30 per subscription. A total of 2,500 of these subscriptions were sold last year. In addition to subscriptions, the magazine generated $100,000 in advertising revenues. The costs per magazine subscription were $7 for printing and paper and $4 for postage and shipping.c. A total of 28,000 technical reports and professional texts were sold by the Books and Reports Division at an average unit selling price of $25. Average costs per publication were $4 for printing and paper and $2 for postage and shipping.d. The association offers a variety of continuing education courses to both members and nonmembers. The one-day courses had a tuition cost of $75 each and were attended by 2,400 students. A total of 1.760 students took two-day courses at a tuition cost of $125 for each student. Outside instructors were paid to teach some courses. 2. What is the average salary offered to a Stony Brook college graduate? To study this question you and a friend interview N students that graduated last year, and ask them what they earn. Student i's response was recorded as Yi. You are interested in the average, My. You assumed that the sample of Y's is iid. First you calculate the following estimate of uy: W1 N 1 N i=1 . . You and your friend each collected half the data. Thus you collected Y1, ..., YN/2 and your friend collected Yn/2+1, ... , Yn. Unfortunately, it turns out that your friend collected the data at a wild alumnae party, and you suspect that these data may not be as precise as your data. So whereas the variance of your data is, var(Y;) = 0%, i = 1, ...,N/2. then your friends data have the variance, var(Y) = o(1 + 3c), i=N/2+1, ...,N, for some constant c> 0. (d) Your friend is sorry that half the data are not as precise as they could have been, and suggest that you discard the noise data, and simply use hr Na Ex? Y; as your estimator for my. Which estimator is most efficient (has the smallest variance) n or z? Does your answer depend on c? = N.. ( .) - = (e) Suppose now that c = 0 such that var(Y;) = o2 for i = 1, ...,N. You have N = 300 observation and calculate s2 = 20,000,000 and 1 = $48,000. Before collecting the data, your friend argues mean salary, my, is s $50,000, using a 1% significance level. Write down the confidence interval at 1% significance level and decide whether you will accept your friend's argument. Tutorial question IAS2, IAS38& IFRS13 Accounting TheoryEntities and individuals are increasingly considering initial coin offerings (ICOs) to raise capital or participate in investment opportunities. While these digital assets and the related technology may present a new and efficient ways to carry out financial transactions, they also bring an increased risk of fraud and manipulation as the markets for these assets are less regulated than traditional capital markets(U.S. Securities and Exchange Commission, 14 July 2021).You are required to: discuss how these crypto-assets should be accounted for in accordance with the above IASs/IFRSs/MFRSs.Format:1.Brief relevant discussion on: Key definition, Recognition, Measurement & Disclosure/Presentation of IAS2, IAS38& IFRS13.2.Propose how entities should account for the crypto assets in accordance with the above IASs/IFRS. Kevin is employed by MMF Inc., a Canadian controlled private corporation. Kevin earned $95,000 in 2019. During the year, the following occurred:A cash bonus of $10,000 was announced on December 2nd, to be paid to Kevin on January 20th of the following year.Kevin was provided with a company car which he drove all year. The cost of the car (including taxes) was $40,000. All operating costs were paid by the employer. Kevin drove the car 21,000 kilometres in 2019, of which 10,000 kilometres were for personal use.Kevin and MMF Inc. each contributed $2,000 towards Kevin's registered pension plan.Kevin was presented with a watch from MMF Inc., valued at $350, on his birthday.The company provided Kevin with a $300 cell phone to be used for business purposes.In January of 2019, MMF Inc. loaned Kevin $15,000 at a rate of 1% interest. The CRA's prescribed rate of interest during the year was 3%.In January, Kevin was offered a stock option to purchase 2000 shares in MMF Inc. at a cost of $8.00 per share. At that time, the fair market value per share was $9.00. Kevin exercised his option in February when the market value had risen to $9.50 per share. At the end of the year, Kevin had not sold any of the shares, and he was hoping to purchase more shares in the company in the upcoming year.MMF Inc. provided Kevin with a $25 meal allowance every week due to the two hours of overtime that he was required to work each Wednesday immediately following his eight hours of regular work.Kevin's annual union dues totaled $900, which was deducted from his pay.Required:A) Calculate Kevin's minimum employment income for tax purposes in accordance with Section 3 of the Income Tax Act. Show your work to justify your answers in order to earn full marks. ( Income Tax Act section references are NOT required)B) Identify any items that have been omitted in your calculations, and briefly explain why. For each of the following, identify the exam score that should lead to the better grade.a. A score of X = 74 on an exam with M = 82 and = 8; or a score of X = 40 on anexam with = 50 and = 20.Answer:b. A score of X = 51 on an exam with = 45 and = 2; or a score of X = 90 on an examwith = 70 and = 20.Answer:c. A score of X = 62 on an exam with = 50 and = 8; or a score of X = 23 on an examwith = 20 and = 2 Answer: Formal and Informal Organization, "Hawthorne Studies" draft a response about the impact of informal elements of an organization based on their personal experience*NO Plagiarism answers will be checked n thumbs Sand is being dumped from a conveyor belt at a rate of 50 cubic feet per minute, and it forms a conical pile with base diameter twice smaller than its height. How fast is the height of the pile increasing, in feet per minute, when the pile is 8 feet high? Find solutions for your homeworkFind solutions for your homeworkbusinessfinancefinance questions and answersplease show step by step how to solve the problem. answer: 13.97 1.) blue mamba bed and breakfast uses equity and debt in their capital structure (no preferred). they target 55% as their preferred debt percentage. their marginal tax rate is 26% and their before tax cost of debt is 3.8%. their beta is 3.0. the 3 month treasury rate is 0.3% and the s&p 500Question: Please Show Step By Step How To Solve The Problem. Answer: 13.97 1.) Blue Mamba Bed And Breakfast Uses Equity And Debt In Their Capital Structure (No Preferred). They Target 55% As Their Preferred Debt Percentage. Their Marginal Tax Rate Is 26% And Their Before Tax Cost Of Debt Is 3.8%. Their Beta Is 3.0. The 3 Month Treasury Rate Is 0.3% And The S&P 500Please show step by step how to solve the problem.Answer: 13.971.) Blue Mamba bed and breakfast uses equity and debt in their capital structure (no preferred). They target 55% as their preferred debt percentage.Their marginal tax rate is 26% and their before tax cost of debt is 3.8%.Their beta is 3.0.The 3 month treasury rate is 0.3% and the S&P 500 return is expected to be be 9.4%.What is Black Mamba's weighted average cost of capital (WACC)?Post your result to two decimal places.To calculate the WACC you need the after-tax cost of debt, % of debt , cost of equity , % of equity.1. After tax cost of debt = cost of debt *(1-marginal tax rate)2. % of debt is given3. cost of equity can be calculated using the CAPM, Rs = RF + [* (Rm RF)]RF = treasury rateB= beta is givenRm= market return is proxied by the S&P 500 return4. % of equity = 100-% of debt.WACC = % of debt * after tax cost of debt + % of equity * return expected on the firmThank you.Please show step by step how to solve the problem.Answer:8.952.) If the tax rate is 26% and the cost of debt is 12.1%, what is the after tax cost of debt?Post your answer with 2 decimal places.cost of debt * (1- marginal tax rate)Before Tax Cost * ( 1 - ISTR)Thank you.Please show step by step how to solve the problem.Answer: 225,8033.) Your boss wants to know how much he can spend before his cost for debt increases. Therefore he wanted to find the breakpoint based on their capital structure. The firm can borrow $88,063. After this amount the cost will increase substantially. They have 61% of equity in their capital structure and no preferred stock. Estimate the breakpoint in the Marginal Cost for debt.Post your answer to the whole number. No decimals.225,803Breakpoint for new cash source = Available Retained Earnings/target % of Total capitalIf there is no preferred, the % of total capital for debt = 100-% of equity. please do correct answer(Click the icon to view additional information.) \( 20 \% \) of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs \( \$ 0.20 \) per pound As we move along the LRAC (long-run average cost) curve, the size of production facilities (fixed inputs) keeps changing. Select one: True False Indicate whether the following statement is a positive or normative statement: Students who spend more time studying receive higher grades dy dx +y=y, y(1) = 1 X Though ostensibly objective, each news agency approaches current events from a particular standpoint, which inevitably influences the way in which current events are reported. No form of news media is immune, and this includes print-media (National Post, Globe and Mail, Toronto Star), online media (Breitbart, Huffington Post), and broadcast-media (NBC, CTV, CNN, BBC). For example, some news sources have a particularly left-wing approach to current events (The Guardian, Huffington Post), others a particularly right-wing approach (Fox News, Breitbart).You will be responsible for choosing your own news media source and ONE story that is reported by that source. Pay careful attention to the way in which the event is reported within this media source and come to some conclusions as to the perspective and/or bias about the issue. Write an equation for the MRS for the following utility functions and find two bundles where the consumer is indifferent (i.e. lie on the same indifference curve). (a) U(A,P)=A 21P 21(b) U(A,P)=2A+3P (c) U(A,P)=min{2A,P} (d) U(A,P)=2A 2+3P Abilene Auto Parts, a retailer of general maintenance and after-market automotive products, desires to re-build their brand around service and availability. Traditionally, they have committed to having parts in stock for their customers 80% of the time. Use the data below to determine:Baseline Information:average daily demand = 10 units/day (store operates 360 days/year)standard deviation of demand = 3 units/dayaverage lead time = 6 daysstandard deviation of lead time = 2 daysitem cost to AAP = $25/unitannual holding cost = 30% of cost of productordering cost = $50/ordercycle-service level = 80%(a) Their current economic order quantity (using EOQ)(b) Their current re-order point (ROP) using the 80% service levelTo support the re-branding effort, the VP of marketing at Abilene has asked you to determine the incremental costs of increasing the cycle-service level to 99%. Given the information below regarding replacement headlight bulbs, determine:(c) The difference in TOTAL annual cost of the replacing the 80% policy with one calling for a 99%service level (i.e., the incremental costs asked for by the VP of marketing)(d) The CFO does not want this initiative to increase costs, so the VP of operations would like to know if supply chain improvements can adequately lower costs in support of the branding initiative. If, through these improvements, the average lead time could be reduced to 3 days, the standard deviation of lead time reduced to 1 day, and ordering costs to $30, by how much would this offset (or not) the difference in annual costs of a shift to a 99% service level (calculated in part c)? In other words, is the new scenario (99% service level, 3-day lead time, standard deviation of lead time of 1, and $30 ordering cost) more or less expensive than the baseline case (with an 80%service level)? By how much is it more or less expensive? Southern Office Supplies Inc. distributes office supplies to customers in the Southeast. One popular SKU is laser printer paper. Ordering costs are $40.00 per order. One ream of paper costs $3.40, and Southern uses a 15 percent annual inventory-holding cost rate. The average annual demand is 13,500 reams and historical data shows that the standard deviation of weekly demand is about 73. The lead time from the manufacturer is 2 weeks. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet Questions1. What is the minimum-cost economic order quantity? Round your answer to the nearest whole number. reams2. What is the annual ordering cost for the EOQ? Use the rounded EOQ value in your calculations. Round your answer to the nearest cent. $ 3. What is the annual inventory holding cost for the EOQ? Use the rounded EOQ value in your calculations. Round your answer to the nearest cent. $4. What is the total annual cost for the EOQ? Use the rounded EOQ value in your calculations. Round your answer to the nearest cent. $5. Assuming that there are 52 weeks in a year what is the average demand during the lead time? Round your answer to two decimal places. reams6. What is the standard deviation of demand during the lead time? Round your answer to two decimal places. reams7. What is the safety stock with a 95 percent service level? Round your answer to two decimal places. reams8. What is the reorder point with safety stock? Round your answer to the nearest whole number. reams Company XYZ has EBIT=12741, interest expense =1200, the tax rate 35% and plowback ratio 70%. Calculate total dividends of the company. Jumber 4 Company ABC has EBIT =18256, depreciation expense =2200, interest expense =4500 and the tax rate 35%. What is the operating cash flow? Answer: Which of these is not a disability income insurance source? OA) The government B) Private insurance company C) Employer benefits D) Unemployment insurance J.N.D. examples of negative changes on the products - price increase or reduction in size.Ideally, those changes are not easily perceived by consumers (fall below J.N.D.).For each example, briefly explain why you think the change being made falls below the J.N.D..3 J.N.D. examples of positive changes on the products - product/logo improvements.Ideally, people can readily perceive the improvements, and at the same time, without losing interests in the products (meet/just exceed J.N.D.).For each example, briefly explain why you think the change being made meets or just exceeds the J.N.D..