The determinants of supply include the factors, that can change or affect the supply of a product in the market, that include price, input price, technology, expectations and number of products.
When any of the determinants of supply is altered, it causes a significant change in the supply curve too. Larger supply means increased demand and large number of quantities are supplied. This usually happens when the determinants like price, technology, expected variations are altered. Good technology means that the larger quantities can be produced at a lower cost, and thus the quantity supplied would increase at an effective cost.
A change in the prices of goods significantly caused the supply curve to fall downward or rise. If the curve shifts to right, it means there is a significant increase in the supply, or vice-versa. The same is applied to a demand curve in economy.
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net income can be calculated by taking total credits less total debits in the income statement section of the worksheet, and verified by taking:
Net income can be confirmed by subtracting the debit amount from the credit amount in the Balance Sheet Debit column.
A financial statement that lists a company's assets, liabilities, and shareholder equity at a certain point in time is referred to as a balance sheet. The foundation for calculating investor return rates and assessing the capital structure of a company is provided by balance sheets.
The balance sheet is a financial statement that gives a quick overview of the assets and liabilities of a firm as well as the amount of shareholder investment. While doing basic analysis or calculating financial ratios, balance sheets can be utilised in conjunction with other crucial financial data.
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When the Federal Reserve makes a loan at the discount window to a bank which of the following will happen?
Even foreign banks can borrow from the Federal Reserve's discount window loans must be collateralized to the satisfaction.
Banks borrow at the discount window when they experience short-term liquidity shortages and need a quick cash injection.Banks generally prefer to borrow from other banks. Raising the rate makes it more expensive to borrow from the Federal Reserve. That reduces the available money supply,which increases short-term interest rates.Lowering the rate has the opposite effect,it lowers short-term interest rates.A decrease in the discount rate makes it cheaper for commercial banks to borrow money, resulting in an increase in available credit and credit activity throughout the economy financing,efficiently and avoid actions that have negative consequences for their clients, such as withdrawing credit in times.
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In the ________ phase of international product life cycle theory, knowledge about how to produce the product is widespread and manufacturing becomes straightforward in many developing countries.a. backward integrationb. formalizationc. standardizationd. simplification
Answer:
c. standardization
Explanation:
In the
standardization
phase of international product life cycle theory, knowledge about how to produce the product is widespread and manufacturing becomes straightforward in many developing countries.
Which of the following would result in an increase in GDP?
Answer:
More investments mean that there is more money in the economy, leading to more investments, which will come with higher amounts of money as a reward, and a high GDP.
An experiment consists of throwing two six-sided dice and observing the number of spots on the upper faces. Determine the probability that the following will occur. (Enter your probabilities as
fractions.)
(a) The sum of the spots is 4.
(b) Each die shows three or more spots.
(c) The sum of the spots is not 4.
(d) Neither a one nor a six appear on each die.
(e) A pair of fours appear.
(f) The sum of the spots is 7.
(a) 1/9
(b) 5/6
(c) 8/9
(d) 5/6
(e) 1/36
(f) 1/6
What is an experiment?Generally, An experiment is an organized procedure that is carried out to test a hypothesis, observe an effect, or explore a cause-and-effect relationship.
It typically involves manipulating one or more variables, such as the concentration of a chemical or the intensity of a light source, measuring the resulting changes in another variable, such as the rate of a reaction or the intensity of a light beam, and analyzing the results.
Experiments are used to gain knowledge and understanding about the natural world and often form the basis for scientific theories.
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(a) The sum of the spots on two dice can be 4 in only one way: (1, 3). Hence, the probability is 1/36.
(b) Each die can show three or more spots in three ways: (3, 4, 5, 6). Hence, the probability is 3/6 * 3/6 = 9/36.
(c) The sum of the spots can be not 4 in 35 ways (all the possible outcomes except (1, 3)). Hence, the probability is 35/36.
(d) Neither a one nor a six can appear on each die in 4 ways: (2, 2), (2, 3), (3, 2), and (3, 3). Hence, the probability is 4/36.
(e) A pair of fours can appear in only one way: (4, 4). Hence, the probability is 1/36.
(f) The sum of the spots can be 7 in 6 ways: (1, 6), (2, 5), (3, 4), (4, 3), (5, 2), and (6, 1). Hence, the probability is 6/36 = 1/6.
What is a probability?Probability is a mathematical concept that describes the likelihood of a particular event occurring. It is expressed as a number between 0 and 1, where 0 indicates that an event is impossible, and 1 indicates that an event is certain to occur.
A probability of 0.5, for example, indicates that an event has a 50% chance of occurring.
Probabilities can be used to model and analyze complex systems and make predictions about the likelihood of different outcomes. They play a central role in many fields, including statistics, finance, engineering, and the natural and social sciences.
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Multiple Choice Question:
Slope of production possibility curve is ______________.a. a straight lineb. convex to the point of originc. concave to the point of origind. none of these
A production slope The probability curve is concave at the origin. (Choice c)
What do we mean by production slope?The marginal tax rate of transformation is the slope of the production-possibility frontier (PPF) anywhere at given location (MRT). The slope describes the rate during which manufacturing of one thing can be switched to production of another (by reallocating productive resources). The gradient of the production function, assuming labor is the sole variable input, calculates a worker's marginal product. The amount of production that changes when one more unit economic labor is added is measured by the marginal labor product (MPL).
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Newton's first law says that an object at rest will stay at rest, and an object in motion will stay in motion unless:.
An object cannot move unless a net overall force is applied to it. The law of inertia is another name for Newton's first law of motion. No matter if an object is moving or not, Newton's first law still holds true.
The application of an external force is required for an object to start moving, stop moving, or change direction, according to Newton's first law of motion. Large things have the capacity to alter their state of motion thanks to inertia. The first law of motion is often known as the law of inertia. The forces operating on a body and the changes that ensue are logically connected by the Newtonian principles of motion. Sir Isaac Newton laid down the principles of motion in his 1686 book Principia Mathematica Philosophiae Naturalis.
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Is the not for profit form of business organization appropriate for the Green Bay packers
Is the not-for-profit form of business organization appropriate for the Green Bay Packers, Because there is a special purpose the ownership can't be transferred.
What is Business?The term business refers as They could be industrial, commercial, or something else. Businesses that are for-profit operate to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.
Since this ownership is for nonprofit organizations and cannot be transferred to another party, it cannot be copied in other cities. These are the people who run the business.
Therefore, As a result, The ownership cannot be replicated in other cities.
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Required Information New Trade Theory and Aircraft Production You are about to read a short case detalling the aircraft manufacturing Industry. New Trade Theory helps to explain the pattern of trade in the Industry and how government can play an important role in supporting certain industries. You will be asked to answer questions linking your knowledge from the chapter to the situation detalled in the case. Review the text material on New Trade Theory, and then read the following short case. When you have finished reading the case, answer the questions below. Airbus, the European Union based producer of jet aircraft, manufacturers the largest commercial passenger aircraft available in the global marketplace. The alrcraft known as the Airbus 380 carries up to 835 passengers thanks to its unique double-decker seating design. The Airbus 380 is truly a global product. It is produced and assembled primarily in France, Germany, Switzerland, and the United Kingdom, with parts coming from around the world. In a blow to its revenue projections, Airbus recently announced that two commercial airline companies had cancelled orders for the Airbus 380. The news was significant, because the cancellations would have a serious Impact on Airbus's ability to recapture its Investment in developing the alrcraft and reaching its projected break even point. To break even in Its production, Airbus needed to fill orders of 250 aircraft worldwide. Airbus quickly rebounded, though, thanks to an order by Saudi Arabia's national airline, Emirates, which added two additional Airbus 380s to its Initial order. A spokesperson for the airline sald that Emirates likes the aircraft because of its size, which helps minimize congestion at peak times and locations. So far, Airbus's chief competitor. Boeing, has avoided head-to-head competition with Airbus in the high-capacity alrcraft sector. The Washington state-based company's largest aircraft is its distinctively designed 747. The very successful 747 was first flown in 1970 and while it offers double-level seating like the Airbus 380, its upper level space is considerably smaller than that of the Airbus 380. In fact, the Boeing 747 has about 40 percent less floor space than the Airbus 380. Production costs for the Boeing 747 are high and consequently, like the Airbus 380, there is a limited market for the 747. Until the introduction of the Airbus 380, Boeing's jumbo jet was virtually unchallenged in the global market place. The economies of scale and strategic advantage Boeing had accrued made it nearly Impossible for competitors to gain entry into the market. New Trade Theory would suggest that Boeing has stayed out of head-to-head competition with Airbus in the super large capacity alrcraft sector because Multiple Choice the Boeing 747 is more fuel efficient Airbus was first to market with the Airbus 380 aircraft. Airbus has better designers. Boeing already produces the 747. most buyers for the aircraft are located in markets closer to Airbus.
New Trade Theory would suggest that Boeing has stayed out of head-to-head competition with Airbus in the super large capacity aircraft sector because Boeing already produces the 747.
New Trade Theory suggests that firms can achieve economies of scale by specializing in the production of specific goods, leading to the emergence of dominant firms in certain industries. Boeing has been producing the 747 for several decades, which has given them a strategic advantage and allowed them to achieve economies of scale. However, with the emergence of the Airbus 380, which offers more floor space and can carry more passengers, Boeing has faced new competition in the super large capacity aircraft market. Despite this, Boeing has chosen to focus on other aircraft models and has not engaged in direct competition with Airbus in this market. This is likely because they already have an established product in the 747, which is still in demand, and because they have a strong market position in other aircraft sectors. By focusing on other products, Boeing can continue to maintain its economies of scale and strategic advantage in those markets.
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Balance Sheet for A1 Farming Supplies
Assets
Current Assets
Cash - $100,000
Accounts Receivable - $200,000
Inventory - $100,000
Total Current Assets $400,000
Fixed Assets
Land - $100,000
Equipment - $100,000
Total Assets - $600,000
__________________________________________
Liabilities
Current Liabilities
Accounts Payable - $100,000
Taxes - $50,000
Short Term Payments - $50,000
Total Current Liabilities $200,000
Long Term Liabilities
Mortgage - $300,000
Net Worth - $100,000
Total Liabilities & Net Worth - $600,000
Write responses to the following questions. Be sure to support your arguments and show your work for calculations.
1. In April 2021, A1 Farming Supplies discovers that some of the equipment has rusted and is now only valued at $60,000 (instead of $100,000). Make the necessary adjustment in the Assets column. What number do you get for Total Assets now?
2. To balance this, what needs to change in the Liabilities column? Explain.
3. Show the resulting balance sheet for April 2021. To keep it simple, assume nothing else changes.
Which of the following may properly be reported as a component of net position in the proprietary fund statement of net position?
a. Retained earnings.
b. Designated equity.
c. Restricted net position.
d. Contributed capital.
Of the options provided, c. Restricted net position is the one that may properly be reported as a component of net position in the proprietary fund statement of net position.
Retained earnings, designated equity, and contributed capital are components of the equity section of the statement of net position for a business enterprise. However, a proprietary fund is a fund that accounts for activities that are similar to those of a business enterprise, but that are conducted by a government. In a proprietary fund statement of net position, the equivalent of equity is net position.
Restricted net position represents resources that are subject to externally imposed restrictions on how they may be used by the government. It is reported as a component of net position in the proprietary fund statement of net position.
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TERM 1 INFORMAL TASK
HUMAN RESOURCES FUNCTION
ACTIVITY 5
TOTAL: 58
5.1 Read the scenario below and answer the questions that follow.
EZWENI FURNISHERS (EF)
Ezweni Furnishers have appointed Themba and Thoko as sales managers. They are both paid
according to the number of units sold. They also enjoy fringe benefits offered by EF
5.1.1 Identify the method used by EF to determine Themba and Thoko's salaries. Motivate
your answer by quoting from the scenario.
(3)
5.1.2 Explain differences between TWO salary determination methods.
5.1.3 Evaluate the impact of fringe benefits on businesses.
5.4 Essay question
(8)
(8)
Themba and Thoko have been hired by Ezweni Furnishers to serve as sales managers. Both of them receive compensation based on the quantity of units sold. Also, they take pleasure.
What is meant by Human resources ?No of the size of the business, the HR department is an essential part of any operation. It is accountable for increasing worker productivity and defending the company from any issues that might arise among the workers.
Among HR's duties include compensation and benefits, hiring and firing, as well as keeping up with any rules that can have an impact on the company and its personnel.
The Conference Board, an economic think tank driven by its members, listed six essential people-related activities as being necessary for HR to effectively add value to a company.
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Which of the following are examples of the private sector?
teacher
employee at Goo
firefighter
army officer
electrical contractor
fashion model
actors
Teacher, electrical contractor ,fashion model, actors are examples of the private sector.
The private sector is what?The area of an economy that is not controlled by the government but rather by private persons and businesses is known as the private sector. The majority of private sector businesses are operated with the goal of turning a profit. Public sector refers to the area of the economy that is governed by the government.
A simple definition of the private sector is what?Private held, for-profit companies that are not connected to the government are referred to as being in the "private sector." The private sector is where you most likely belong if you own a firm.
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In order to determine GDP the expenditures approach, all spending on ___ goods and services, not intermediate goods, is added up.
In order to determine GDP the expenditures approach, all spending on final goods and services, not intermediate goods, is added up.
The value of a nation's total production of products and services minus the value of the raw materials utilised for a given period of time, usually one year, is known as a country's gross domestic product (GDP). One way to determine GDP which is a metric of the total value of products produced inside a nation's borders during a specific time period is the expenditures approach.
The expenditures approach involves adding up all final product purchases made throughout the measurement period to determine GDP. Spending by individuals, companies, governments and overseas consumers is included in this. Whereas, spending on intermediate products is not taken into account because their worth is already factored into the final price of the finished commodities that are used in the manufacturing of other products.
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a house was valued at 329,000 over several years the value decreased by 8% giving the house a new value fill in the blank to write the new value in terms of the old value right your answer is a decimal
A house was valued at 329,000 over several years the value decreased by 8% giving the house a new value fill in the blank to write the new value in terms of the old value right your answer is a decimal 326368
What is value?
The term value refers to the particular amount was the situated on the terms. The value was the direct of the numerical equation to the used. The value was to put on the equation and the finding the solutions. The value are the used on the directly proportional.
According to the given,
valued at 329,000 over several years
value decreased by 8%
X = 329,000 - (329,000 × 0.08)
X = 326368
As a result, the significance of the value are the aforementioned.
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Your question is incomplete, but most probably the full question was.
A house was valued at $329,000. Over several years, the value decreased by 8%, giving the house a new value.
(a) Fill in the blank to write the new value in terms of the old value.
Write your answer as a decimal.
New value = 1 x Old value
(1) Use your answer in part (a) to determine the new value.
New value: 0
Determine whether the following scenarios indicate that the supply of the product is relatively elastic or relatively inelastic.
oil producers are currently producing 30% below capacity
a store that sells a good that cannot be stored easily
a donut shop runs out of jelly-filled donuts this morning
food trucks that can quickly relocate
a golf course that has a limited amount of land to add new holes
Elastic Inelastic
Oil producers are currently producing 30% below capacity - Inelastic.
A store that sells a good that cannot be stored easily - Inelastic.
A donut shop runs out of jelly-filled donuts this morning - Inelastic.
Food trucks that can quickly relocate - Elastic
A golf course that has a limited amount of land to add new holes - Inelastic.
What goods are subject to elastic demand?Consumer durables are an example of a product with elastic demand. Like a washing machine or a car, these are infrequently acquired things that can be put off if the price increases. For instance, car discounts have been quite effective at increasing car sales by lowering the price.
How elastic or inelastic is coffee?The majority of purchasers can typically find coffee in large quantities and at a level of quality that suits their expectations. The product is offered by numerous providers in a market that is competitive, which results in a low price relative to the buyer's purchasing power and a highly elastic demand.
What goods are completely elastic?Air and water are the only perfectly elastic things, and at this time, no one is actually able to constrain them. Food, prescription medications, and cigarette products are the most frequently encountered inelastic goods. Gas is another item that may be regarded almost completely elastic.
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Article Analysis.
In most cases, the food truck industry is an example of monopolistic competition. Read the article and answer the questions below. "The mobile food industry is just like any other fledgling industry -- it has many success stories, but it also has many stories of failure. To run a food truck, you need to be on the streets six or seven days a week serving lunch and dinner, not to mention the need to be present at any food truck event that pops up. Owning a food truck means working the majority of your waking hours, especially at the start of your business...
Because the mobile food industry is seeing huge popularity and expansion, some people think that opening a food truck has become the next get-rich-quick business model. Yes, food trucks can earn a lot of money. However, most of them typically spend almost all they make. Unfortunately, your fixed costs don't change, and your bills come due every month. Your staff still needs to be paid, too. You must load your truck up with food for every shift, so you must pay for your ingredients, fuel, and insurance. Unless you already own your commercial kitchen, you're going to owe rent to your kitchen landlord...
You can earn a decent living as a food truck owner only if you intend to work in the truck. Many people think they'll open a food truck and draw a paycheck without actually cooking, managing, or working at the service window."
1. Identify two characteristics that the food truck industry shares with perfectly competitive industries.
2. Identify two characteristics that the food truck industry shares with monopolies or other imperfectly competitive industries.
3. Identify two different strategies that food trucks use to earn more profit 1 point than their competitors.
4. Explain the difference between explicit costs and implicit costs and underline one example of each of them in the article above.
5. Assuming that there are few government regulations, explain why food trucks owners would likely earn no economic profit in the long run.
Today, there are many distinct types of food production, ranging from modest, labor-intensive family-run businesses to massive, capital-intensive, and highly automated food industry enterprises.
Several food-related enterprises are significantly reliant on regional agriculture, livestock, produce, and/or fisheries. The majority of the food consumed by the world's population is provided by the food industry, a vast, global network of multiple firms.Finding a comprehensive plan to deal with every area of food production and delivery is difficult. It is referred to as "the full food business" by the UK Food Standards Agency and includes farming, food manufacturing, packaging, and distribution, as well as retail and catering. food industry The USDA's Economic Research Service employs the same language as the food
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2.
Usalnum
means
having the knowledge and skills to
manage your personal finances.
Answer:
Indeed Usalnum
means
having the knowledge and skills to
manage your personal finances.
Where are adjusting entries recorded ___ of an accounting period?
In order to adhere to the matching and revenue recognition principles, adjusting journal entries are recorded in a company's general ledger at the end of an accounting period.
When should entries for adjusting be recorded?At the conclusion of an accounting period, adjustments are entered to accurately record income and expenses that have not yet been recorded in your general ledger. Before the end of the accounting period, these entries should be made.
Adjustments are made to your financial statements at the end of each accounting period to make them more accurate. Although this is not always the case, these adjustments are typically made on an accrual basis. At the end of the month or the year, this could happen.
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Florist Gump, Inc. sold 1,000 vases of flowers for $50 each for cash. The entry to record the sale includes a ______. (Select all that apply.)A. credit to Cash for $50,000
B. debit to Cash for $50
C. credit to Sales Revenue for $50
D. debit to Cash for $50,000
E. credit to Sales Revenue for $50,000
F. debit to Accounts Receivable for $50
G. debit to Sales Revenue for $50,000
Florist Gump, Inc. sold 1,000 vases of flowers for $50 each for cash. The entry to record the sale includes a credit to Sales Revenue for $50,000 debit to Cash for $50,000.
What elements normally make up a company's cash balance?Current assets are ones that can be turned into cash within a year. These primarily include of cash, stocks, accounts receivable, prepaid expenses, and inventory.
Is a sale typically regarded as revenue even when money is not exchanged?Revenue may be recognized in accordance with certain regulations even though payment has not yet been made. To determine how effectively a business collects debt, it is important to review the cash flow statement. Cash accounting, on the other hand, only counts sales as income when money has been exchanged.
When a business sells goods to a consumer on credit, what journal entry should be made to document the transaction?A business extends credit to a customer to purchase goods. A debit entry to the Accounts Receivable account would be part of the journal entry to document this transaction.
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What excites your about real estate?
An exciting factor about real estate is the potential for financial gain.
Why is real estate exciting ?Real estate can be an exciting field for those who are passionate about the potential for financial gain, creative expression, community impact, and dynamic work environments.
Real estate can be a lucrative investment, and many people are drawn to the potential for making money through buying, selling, or renting properties and it also offers opportunities for creative expression, such as through interior design, architecture, or landscaping.
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The project team members are temporarily assigned to the project and report to the project manager. The manager heading the project coordinated its activities with other departments and reports directly to top management. Project managers receive high visibility in a firm and are a key element in the planning, scheduling and control of project activities. Elaborate with an appropriate example, any FIVE (5) contents of final project close out report that the project manager are directly responsible.
The final stage of a project is called project closure. The project manager must confirm that the client, stakeholder, or customer has approved the project deliverables at this point.
Project Closing Steps:
Managing a project is an experience you can continuously learn from. It's not just about tasks and resources, money and deadlines.As mentioned, initiatives produce reams of paperwork. Stakeholders will need to sign off on and approve these documents.You put together a team for the project, and now it's time to let them go. They are now free to move on to the following project thanks to this formal and important process.The reason you meet with your team frequently throughout the project and reflect on the process afterwards is that there are lessons to be learned from previous projects.You're not doing your job if you think it's absurd. It is not absurd to give your staff a reward for a job well done.To learn more about project closure visit;
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Indicate the financial statements on which each account would be reported
Accumulated depreciation
Accumulated depreciation is reported on the balance sheet as a contra asset that reduces the net book value of the capital asset section.
What accumulated depreciation?Accumulated depreciation refers to the life-to-date depreciation that has been recognized that reduces the book value of an asset. On the other hand, accelerated depreciation refers to a method of depreciation where a higher amount of depreciation is recognized earlier in an asset’s life. Since accelerated depreciation is an accounting method for recognizing depreciation, the result of accelerated depreciation is to book accumulated depreciation.
Under this method, the amount of accumulated depreciation accumulates faster during the early years of an asset’s life and accumulates slower later.
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Available-for-sale Investment Problem
On Jan 1, 2020, Company A sold $500,000 of 8% bonds to Company B. The bonds mature on Dec 31, 2023. For bonds of similar risk and maturity, the market rate was 10%. Interest is paid semiannually on June 30 and Dec 31. Company B purchased the bonds for $467,684.20 as an investment and plans to hold them for 2 years. The fair value of bonds at 12/31/2020 was $450,000. Company B's fiscal year end is Dec 31 and 2019 was its first year of business.
1. record the fair-value adjusting entry for Company B as of 12/31/20.
2. Assume the fair value of these bonds is $487,000 at 12/31/21. Record the Journal entries Company B should make on 6/30/21 and on 12/31/21 related to this investment.
3. Assume Company B sells these bonds on 3/1/22 for $470,100. Prepare all journal entries required on 3/1/22 (accrue interest, adjust to fair value, reclassification entry, sale of the investment)
1. Record the Fair-Value Adjusting Entry for Company B as of 12/31/20:
Debit Investment in Bonds $33,315.80
Debit Investment in Bonds $33,315.80Credit Unrealized Loss on Available-for-Sale Investments $33,315.80
2. Journal Entries Company B Should Make on 6/30/21 and on 12/31/21:
6/30/21
6/30/21Debit Interest Expense $20,000
6/30/21Debit Interest Expense $20,000Credit Interest Payable $20,000
6/30/21Debit Interest Expense $20,000Credit Interest Payable $20,00012/31/21
6/30/21Debit Interest Expense $20,000Credit Interest Payable $20,00012/31/21Debit Investment in Bonds $37,315.80
6/30/21Debit Interest Expense $20,000Credit Interest Payable $20,00012/31/21Debit Investment in Bonds $37,315.80Credit Unrealized Gain on Available-for-Sale Investments $37,315.80
3. Journal Entries Required on 3/1/22:
Debit Interest Expense $1,500
Debit Interest Expense $1,500Credit Interest Payable $1,500
Debit Interest Expense $1,500Credit Interest Payable $1,500Debit Investment in Bonds $17,184.20
Debit Interest Expense $1,500Credit Interest Payable $1,500Debit Investment in Bonds $17,184.20Credit Unrealized Loss on Available-for-Sale Investments $17,184.20
Debit Interest Expense $1,500Credit Interest Payable $1,500Debit Investment in Bonds $17,184.20Credit Unrealized Loss on Available-for-Sale Investments $17,184.20Debit Cash $470,100
Debit Interest Expense $1,500Credit Interest Payable $1,500Debit Investment in Bonds $17,184.20Credit Unrealized Loss on Available-for-Sale Investments $17,184.20Debit Cash $470,100Credit Investment in Bonds $470,100
Debit Interest Expense $1,500Credit Interest Payable $1,500Debit Investment in Bonds $17,184.20Credit Unrealized Loss on Available-for-Sale Investments $17,184.20Debit Cash $470,100Credit Investment in Bonds $470,100Debit Gain on Sale of Investment $2,915.80
Debit Interest Expense $1,500Credit Interest Payable $1,500Debit Investment in Bonds $17,184.20Credit Unrealized Loss on Available-for-Sale Investments $17,184.20Debit Cash $470,100Credit Investment in Bonds $470,100Debit Gain on Sale of Investment $2,915.80Credit Unrealized Gain on Available-for-Sale Investments $2,915.80
What is managment SUPPLY Chane
Explanation:
management Supply chain is management of the flow of goods, data, and finances related to a product or service, from the procurement of raw materials to the delivery of the product at its final destination.
Q5: Maynard, Joan, Jaco, and Neil are trying to form a band. They each have some basic skills on most instruments, so their current plan is for each of them to rotate among vocals, guitar, bass, and drums. After a year of practice and rehearsals, the band still sounds awful. Maynard can\'t keep a steady beat when on bass or drums, Jaco sounds terrible at everything except the bass, nobody except Joan can remember all the chords on guitar, and even Neil\'s own mother thinks his singing sounds like a dying cow. At their current rate, they expect it will be several years before they are good enough to land their first paid performance. None of them have enough money saved up to last that long. They all know you are taking economics and ask your advice. What would you say to them?
1- Continue with the current plan, as economies of scale should eventually kick in.
2- Have each member specialize in the role that they are best in, to take advantage of benefits from specialization.
3- Abandon the band, as continued practice is doomed to suffer diminishing marginal returns.
4- Invest their remaining savings in new instruments, as they are at a point where the marginal product of capital exceeds the marginal product of labor.
5- Change the rotation to be random rather than equal, to take advantage of heteroskedasticity.
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Q6: Which of the following is the best definition of efficiency?
1- When everyone can be made better off by using resources more wisely
2- When nobody can be made better off without making someone worse off
3- When the only way somebody can be made better off is by making another better off
4- When everybody is as well off as possible
5- When somebody can be made better off without making someone worse off
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Q7: You and other college students are deciding whether to major in music or engineering. You learn that there is a shortage of engineers making it easy for engineering graduates to find employment while there is a glut of musicians for whom finding a job is difficult. As a result you and many other college students decide to major in engineering. What economic principle does this illustrate?
1- Specialization leads to economic efficiency
2- Changes in incentives are unlikely to change the decisions people make
3- Markets tend to move towards equilibrium as individuals respond to incentives
4- Individuals do not normally take into account the decisions of other individuals
5- Government intervention can improve efficiency when there is a market failure
To reap the benefits of expertise, have each participant excel with in position in which they excel.
BECAUSE Having more or less every member express an interest in the role that they are best with will give each member more opportunity to hone what they are best at. Joan, for instance, must concentrate on guitar, while Jaco should focus entirely on bass, Maynard on drums, and Neil on vocals.
6)When no one can be inspired and motivated apart without making someone else worse off, (5) is the best option.
An economy is efficient if it performs as well as it possibly can allowed to give the planet's wealth. Whenever this actually occurs, it is difficult to make somebody really stronger apart without making individual worse off, because the cumulative quantity of advantages that all individuals can obtain is limited by the full utilisation assets.
7)As people are responding to incentive schemes, market forces have a tendency towards demand and supply. (c) is the correct answer.
Any of the aforementioned doesn't constitute an example of market-economy behavior?
In order to help domestic pasta makers, the president of the European country of Semolina declares that gnocchi must be digested at any and all meals.
Economics seems to be the investigation of services and products, including consumption, manufacturing, and standardization.
Which among the following example illustrates the exchange between fairness and effectiveness?
Actions aimed at making economic outcomes more equitable can reduce efficiency.
The most common criticisms leveled at discounted cash flow analysis is that, by definition, marginal data is speculative and is unable to present an accurate representation of cost of production and production when choosing an option and simply replacing goods.
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What is fifo method of pricing material issues??
The CIMA defines the First-In First-Out (FIFO) method as "a way of pricing the issuance of material employing, the purchase price of the oldest unit in the stock."
What is FIFO pricing method?Simply put, FIFO costing enables you to track an item's cost based on its cost at the time of receipt of the purchase order and apply this cost to each shipment of the item until the quantity received has been used up.
In order to reduce the likelihood that the company would lose money when products expire or become obsolete, FIFO inventory management aims to value inventory. The first things acquired are also the first goods sold, according to the first in, first out (FIFO) technique of inventory valuation.
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what is the aim of producing goods and services for firm,s in a planned economy?
In a planned economy, the aim of producing goods and services for firms is typically to meet the needs and wants of the population as determined by the central government or planning authority.
What is the aim of producing goods and services for firm,s in a planned economy?The government or planning authority determines what goods and services are produced, how they are produced, and for whom they are produced.
The goal is typically to ensure that all citizens have access to the basic necessities of life, such as food, shelter, and healthcare. Additionally, the government may aim to promote economic growth and development, reduce income inequality, and achieve other social and economic objectives.
In a planned economy, resources are allocated based on the priorities set by the government or planning authority, rather than by market forces.
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15. Self-defense is a
a. Procedural defense.
b. Substantive defense
c. Bargaining defense
d. Criminal defense
Self-defense is a most regarded as a procedural defense. The Option A is correct.
What is Self-defense in criminology?In criminal law, self-defense is justification for inflicting serious harm on another person on the grounds that the harm was inflicted to protect oneself. Many jurisdictions recognize the right to self-defense as a legal justification for the use of force in times of danger.
In general, killing is not a criminal act when the killer reasonably believes he is in imminent danger of losing his life or suffering serious bodily injury at the hands of an assailant and that killing the assailant is necessary to avoid the peril.
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Strategic Entrepreneur
Please refer attached and answer the below questions..
Suggested Questions:
1) What is market focused business?
2) Describe the market analysis in which Zeve Shoes is operating in? After you
analyse the market, suggest how Zeve Shoes can overcome its price-sensitive
customer’s issue.
3) What is buyer concentration and supplier concentration?
4) Analyse buyer concentration and supplier concentration of Zeve Shoes and
describe how it affect the buyer and seller bargaining power.
Zeve Shoes was founded by Mr. Zaid Arif after gaining experience in the shoe industry by selling women's shoes online and later at a brick-and-mortar store in Kuala Lumpur.
What is the background of Zeve Shoes?After receiving feedback about the lack of good designs, he decided to create his own brand of handmade shoes. Zeve Shoes offers colorful leather shoes that are crafted in Malaysia from premium materials, and are designed to be fashionable, comfortable, and affordable.
How did the Italian shoemaking industry become the leading industry globally?The Italian shoemaking industry became the leading industry globally due to the skills and emphasis on using only the finest materials in making shoes. The tradition of shoemaking in Italy started with a family-owned business and passed down from one generation to another. The materials used in making Italian shoes, such as leather, are of the highest quality and have been used in various products for thousands of years. Italian fashion gained exposure after World War Two, when designers such as Guccio Gucci and Salvatore Ferragamo introduced their fine leather creations to other countries. Since then, the demand for Italian shoes has risen, leading to the growth of the industry.
What is the current state of the footwear industry in Malaysia?The footwear industry in Malaysia continues to experience growth in terms of value and volume sales, but it is no longer the second largest shoe producer in the world after Italy as it was prior to the 2000s. Over 70% of Malaysian shoe manufacturers are considering moving their production abroad due to high operating costs, and most local shoe businesses are now built on importing and retailing shoes. Nevertheless, Malaysia is still a significant player in the industry, especially in the Southeast Asia region.
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