Making an initial strategy, graphically organising thoughts, and being willing to keep going are the top three planning strategies used by successful entrepreneurs.
The instruments used by entrepreneurs are
1. Create a preliminary plan: One of the common errors made by first-time business owners is operating without one. Planning your finances can help with this. establishing the annual spending limit.
2. Visually organise your ideas: While the research process is crucial for widening your perspective, without organising, all you will have is a jumble of unconnected, loose ideas.
3. Refuse to give up: Entrepreneurship requires creativity, drive, and the determination to keep going even after failure.
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The writings of both of these authors depict the struggles of those at the fringes of society, those minority groups of which they were a part--who had hetetofore been unrepresented Gilman and Howells Gilman and James Gilman and DunbarWhich of the following is not one of the thinkers who influenced the rise of naturalistic literary writings?
The following is not one of the thinkers who influenced the rise of naturalistic literary writings is James.
Frank Norris introduced naturalism to American literature. Other important natural scientists are Ernest Hemingway Jack London Theodore Dreiser and Stephen Crane. Dreiser Crane and Norris were also journalists and helped maintain a distant observation of human nature.
It was coined in 1983 by Wheaton College philosopher Paul de Vries according to Ronald Numbers. De Vries distinguishes between what he called methodological naturalism a disciplinary method that says nothing about the existence of God, and metaphysical naturalism which denies the existence of a transcendent God. distinguished. Spain and Portugal fought over the boundaries of their vast South American colony from the Orinoco River to the Rio de la Plata.
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Compute the Depreciation Expense for the Calendar Year 2016 using the Units of Activity Method, Given The Following; Our Business purchased a Truck for $60,000 on Aug-22-2014. The Truck has an estimated Useful Life of 5 years and 300,000 miles. The Truck was Driven 50,000 miles in 2015 and 100,000 Miles in 2016. $6,000 $12,000 $20,000 $60,000 O $30,000 Compute the Ending Balance in the Allowance for Un-Collectible Accounts Receivable Account. The Month End Accounts Receivable Balance is $600,000 We expect to collect 90% of the Total A/R amount. Ending Cash Balance=$75,000. Credit of $60,000 Credit of $540,000 None of these Choices Debit of $540,000 O Debit of $60,000
The depreciation expense for the Calendar year 2016 using the Units of Activity Method is C. $20,000.
For the ending balance in the allowance for Un-collectible accounts receivable account is A. Credit of $60.000.
What is depreciation expense?It is the amount that a company's assets are depreciated for a single period (for example quarter or the year). It is recognized on the income statement as a non-cash expense that reduces the company's net income or profit.
Compute the Ending Balance in the Allowance for Un-Collectible Accounts Receivable Account.
The Month End Accounts Receivable Balance is $600,000
We expect to collect 90% of the Total A/R amount.
Ending Cash Balance=$75,000.
A. Credit of $60,000
B. Credit of $540,000
C. None of these Choices
D. Debit of $540,000
E. Debit of $60,000"
How to compute the depreciation expense of the truck?
Depreciation for year 2016
= cost * total miles driven in 2016 / total estimated miles
= $60,000 * 100,000 miles / 300,000 miles
= $20,000
Therefore, the depreciation expense for the calendar year 2016 is $20,000 and the answer is C.
Now moving on to the second question, compute the ending balance in the allowance for un-collectible accounts receivable account
Bad debt expense (600,000 x 10%) 60,000
allowance for un-collectible acount receivable account 60,000
Therefore, the answer is A. credit of $60,000
This question is incomplete, The complete question is as follows:
"Compute the Depreciation Expense for the Calendar Year 2016 using the Units of Activity Method, Given The Following;
Our Business purchased a Truck for $60,000 on Aug-22-2014.
The Truck has an estimated Useful Life of 5 years and 300,000 miles. The Truck was Driven 50,000 miles in 2015 and 100,000 Miles in 2016. A.$6,000
B. $12,000
C. $20,000
D. $60,000
E. $30,000
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what was impact had the glass-steagall banking reform on the market for securities underwritten by the most prestigious u.s. banks?
After the Great Depression, the Glass-Steagall Act had the immediate effect of re-establishing public confidence in the banking industry. People were hesitant to deposit their money in banks for fear that they would fritter it away on risky ventures, which the act stopped.
What is Glass-Steagall Act?
Four provisions of the United States Banking Act of 1933 that distinguish between commercial and investment banking are referred to as Glass-Steagall provisions. The whole statute, including the legislative background of the measures discussed here, is described in the article Banking Act 1933.
Why was Glass-Steagall Act enacted?
To "provide for the safer and more efficient use of the assets held by banks, to govern interbank control, to prohibit the excessive diversion of funds into speculating operations, and for other reasons," the bill's purpose statement reads. Sen. was the bill's sponsor.
When was Glass-Steagall Act enforced?
June 16, 1933
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catherine decides to think about retirement and invests at the age of 21. she invests $25,000 and hopes the investment will be worth $500,000 by the time she turns 65. if the interest compounds continuously, approximately what rate of growth will she need to achieve his goal?
Answer:6.8%
Explanation:
TRUE/FALSE unless the delivery delay is going to be very long, it is unwise to alert the buyer to minor delivery delay
The statement is False. Prospecting is the opening within the sales method, that consists of characteristic potential customers, aka prospects.
The goal of prospecting is to develop info on probable clients and so consistently communicate with them with the hopes of changing them from potential clients to current customers. The first step within the sales method is prospecting. During this stage, you discover potential customers and verify whether or not they have a desire for your product or service—and whether or not they will afford what you provide.
Empathy -- the employee should perceive issues and issues moon-faced by customers. Tangibles -- the company's website, promoting communications, and alternative materials should communicate a knowledgeable image.
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what are main game changers affecting supply chain and operations management? freelancing, technology, and water air, people, and talent management technology and resources robots, iot, and big data
Supply chain management (SCM) is responsible for directing the development of products and services from initial concepts and raw materials to final consumer items.
Why Supply Chain Management is important ?It involves transporting and storing raw materials, keeping finished goods in storage until they are sold, and tracking where sold goods go so that you can utilize that information to increase sales in the future.
Every area of business operations, including purchasing, information technology, and logistics, are included in the SCM process. It creates a seamless system that combines resources, finances, suppliers, manufacturing facilities, wholesalers, retailers, and customers.
Production is accelerated as a result of supply chain activity simplification. Businesses are able to compete more effectively as a result, which benefits customers.
Hence main game changers affecting supply chain and operations management are Technology and Resources .
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C2H4 is reduced by H2 in the presence of a solid platinum catalyst, as represented by the equation above. Factors that could affect the rate of the reaction include which of the following
I. Changes in the partial pressure of H2
II. Changes in the particles size of the platinum catalyst
III. Changes in the temperature of the reaction system
A. III only
B. I and II
C. I and III
D. II and III
E. I, II and III
Factors that could affect the rate of the reaction include which of the following are I, II and III.
Changes in the partial pressure of H2.Changes in the particles size of the platinum catalyst.Changes in the temperature of the reaction system.The oxidation quantity of hydrogen in ethene and ethane is +1. The oxidation quantity of elemental hydrogen is 0. Therefore, carbon in ethene has been reduced, and ethene is the oxidizing agent. Elemental hydrogen has been oxidized, and it's far the lowering agent.
The response enthalpy is calculated with the aid of using subtracting the sum of enthalpies of all of the reactants from that of the merchandise. Mathematically, ΔtH = Sum of enthalpies of the product – sum of the enthalpies of the reactants.A poor ΔH way that warmness flows from a machine to its surroundings; a effective ΔH way that warmness flows right into a machine from its surroundings. For a chemical response, the enthalpy of response (ΔHrxn) is the distinction in enthalpy among merchandise and reactants; the devices of ΔHrxn are kilojoules in step with mole.
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Answer:
E l, ll and lll
Explanation:
Fontaine and Monroe are forming a partnership. Fontaine invests a building that has a market value of $336,000; the partnership assumes responsibility for a $118,000 note secured by a mortgage on the property
For the purposes of the partnership, the following amounts have been recorded: Badger, Capital $225,000; Fox, Capital $175,000
How a Partnership Works?A partnership is any endeavor in which numerous people collaborate. Parties can include governments, nonprofits, corporations, or private individuals. The goals of a partnership may also be very different. When speaking of a for-profit venture run by two or more people, the three main forms of partnerships are general partnerships, limited partnerships, and limited liability partnerships. In a general partnership, all partners share equal financial and legal responsibility. The partners are personally responsible for the debts the partnership accrues. Profits are distributed in the same proportions. The details of profit sharing will almost certainly be spelled out in writing in a partnership agreement.Therefore,
The correct option is c) Badger, Capital $225,000; Fox, Capital $175,000.
The complete question is:
Badger and Fox are forming a partnership. Badger invests a building that has a market value of $350,000; the partnership assumes responsibility for a $125,000 note secured by a mortgage on the property. Fox invests $100,000 in cash and equipment that has a market value of $75,000. For the partnership, the amounts recorded for Badger's Capital account and for Fox's Capital account are:
a. Badger, Capital $350,000; Fox, Capital $100,000.
b. Badger, Capital $350,000; Fox, Capital $175,000.
c. Badger, Capital $225,000; Fox, Capital $175,000.
d. Badger, Capital $225,000; Fox, Capital $100,000.
e. Badger, Capital $225,000; Fox, Capital $75,000.
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if the government issues each firm a non-tradable permit to produce 700 tons of pollution per year, what will be the cost of pollution reduction?
if the government issues each firm a non-tradable permit to produce 700 tons of pollution per year, the cost of pollution reduction will be $700.
What is pollution permits?
Pollution permits involve giving firms a legal right to pollute a certain amount e.g. 100 units of Carbon Dioxide per year.If the firm produces less pollution it can sell its pollution permits to other firms.However, if it produces more pollution it has to buy permits from other firms or the government.This creates a market for pollution permits with the price set by demand and supply.The aim of pollution permits is to provide market incentives for firms to reduce pollution and reduce the external costs associated with it. For example, it is argued carbon dioxide emissions contribute towards global warming.Pollution permits can also be a way for the government to raise revenue, by selling firms these permits to allow pollution.To learn more about pollution permits
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The debt to equity ratios for three otherwise comparable companies are as follows: Adams: 1.5; Flagler: 1.8; Roberts: 1.4. The risk of bankruptcy appears to be lowest for:
ROberts
The risk of bankruptcy appears to be lowest for Roberts.
Bankruptcy
Bankruptcy refers the likelihood that a company will be unable to meet its debt obligations.
Given,
The debt to equity ratios for three otherwise comparable companies are as follows: Adams: 1.5; Flagler: 1.8; Roberts: 1.4.
Here we have to find the risk of bankruptcy appears to be lowest for.
While we looking into the given ratios,
Adams: 1.5;
Flagler: 1.8;
Roberts: 1.4.
Therefore, Roberts has the lowest risk of bankruptcy.
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if the only two firms in an industry openly agree to fix the price at a given level, then this is an example of:
Tactic collusion occurs when the only two businesses in a given sector openly decide to fix the price at a particular level.
What is an unspoken agreement?Competitors who collude covertly to coordinate their behaviour between themselves but do not openly communicate information do so. Conscious parallelism and synchronized activity are the two forms of tacit cooperation.
Competitors who collude covertly to coordinate their behaviour between themselves but do not openly communicate information do so. Conscious parallelism and synchronized activity are the two forms of tacit cooperation.
Unspoken measures taken by oligopolistic companies that are likely to lessen a competitive reaction are known as tacit collaboration. For instance, two businesses may decide to forego price reductions or market share attacks on one another.
What laws apply to covert collusion?If senior managers gather informally to examine the health of their respective industries and decide on a plan to restrict competition, the meeting is undoubtedly illegal, albeit it would be very challenging to demonstrate if nothing was recorded. In many cases, tacit collaboration is acceptable.
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what events lead up to the employment division v. smith case? what did the case lead to? please fully explain your answer with support from the text.
In Employment Division, Department of Human Resources of Oregon v. Smith, 494 U.S. 872 (1990),
the Supreme Court changed non secular free exercise regulation dramatically with the aid of ruling that normally relevant laws now not concentrated on precise spiritual practices do not violate the free exercise clause of the First Amendment.
What is the Smith decision?Smith, 494 U.S. 872 (1990), is a United States Supreme Court case that held that the nation ought to deny unemployment benefits to a character fired for violating a country prohibition on the use of peyote even although the use of the drug was once phase of a spiritual ritual.
What is the conserving in Employment Division v Smith?Held: The Free Exercise Clause approves the State to limit sacramental peyote use, and for this reason to deny unemployment advantages to men and women discharged for such use. Pp. 494 U. S. 876-890.
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https://brainly.com/question/17724037#SPJ4In the following table, indicate whether the long-run average cost curve exhibits economies of scale, constant returns to scale, or diseconomies of scale for each range of bike production.More than 400 bikes per month= Diseconomies of Scale
Fewer than 300 bikes per month= Economies of Scale
Between 300 and 400 bikes per month= Constant Returns to Scale
For each range of bike production, the long-run average cost curve shows diseconomies of scale, consistent returns to scale, and economies of scale is the monthly usage of over 400 bicycles is Scale-based Inequities.
The average cost curve: what happens over the long term?When the average cost rises along with the increase in output, this is referred to as a diseconomy of scale. By allowing all production inputs to vary and displaying the lowest feasible average cost of production, the long-run average cost curve enables the firm to select the production technique that best suits its needs.The long-run average cost (LRAC) curve, which is U-shaped and plots all potential production levels against the average cost for each level, is composed of this information. The LRAC is a hypothetical "envelope" containing all potential short-run average total cost (ATC) curves for the company. It consists of the tangents to the entire ATC curve.To learn more about Long-run average cost curve refer to:
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which of the following is a desirable quality for a brand name? which of the following is a desirable quality for a brand name? the name should be difficult to pronounce to ensure legal protection. the name should be as specific as possible to the product/service you are selling. the name should be distinctive. the name should not suggest anything about the product quality. the name should be a common name in a foreign language.
The name should be distinctive is a desirable quality for a brand name. Brands are simply patterns of comfort, significance, affection, and assurance that exist in people's brains.
What is Brand ?
The qualities listed below should be included in a good brand name: It should be different/unique (like Kodak or Mustang), and it should be expandable. It should be simple to remember, identify, and pronounce.
Brands are simply patterns of comfort, significance, affection, and assurance that exist in people's brains. Branding is crucial since it helps customers and clients understand what to anticipate from your business and leaves a lasting impact on consumers.
It is a method of standing out from the competition and outlining what it is that you provide that makes you the superior option. Your brand is created to accurately reflect both who you are as a company and how you want to be viewed.
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The law recognizes an individual’s reputation as a valuable asset and imposes liability on a party that makes _______ and _______ statements affecting another party’s reputation.
The law recognizes an individual’s reputation as a valuable asset and imposes liability on a party that makes false and defamatory statements affecting another party’s reputation.
What is defamatory?
A comment that harms the reputation of a third party is called defamation. Libel (written words) and slander(spoken statements) are both considered forms of the tort of defamation.
Defamation cases are governed by state common and statutory law, and each state has different definitions of defamation and possible damages.
A civil society can find solutions in the area of defamation law when someone uses words that could harm their reputation or way of life.Libel is the term used to describe such words when they are written or published.They are referred to as slander if they are only spoken and not written down.Read more about defamation
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Hankins, Inc., is considering a project that will result in initial aftertax cash savings of $6.6 million at the end of the first year, and these savings will grow at a rate of 3 percent per year indefinitely. The firm has a target debt–equity ratio of .65, a cost of equity of 13 percent, and an aftertax cost of debt of 6 percent. The cost-saving proposal is somewhat riskier than the usual project the firm undertakes; management uses the subjective approach and applies an adjustment factor of +2 percent to the cost of capital for such risky projects.
1. Calculate the WACC.
2. What is the maximum cost the company would be willing to pay for this project?
**I already figured out the correct WACC 10.24% but I cannot seem to get the correct answer for the second part of the question. I got 71428571.43 but it tells me that that answer is incorrect. Please help!
Your calculations and solutions are truly correct. I actually have recalculated and achieved the operating again. You can discover it below. You can attempt getting into your solution in millions, in place of absolutely the fee you've got got mentioned. That may help. Else your technique and solution is truly correct.
WACC = D/(D+E) * Ke + E/(D+E) * Kd * (1-T)
= (0.65/1.65) * 13% + (1/1.65) * 6% = 10.24�justed WACC for the project = 10.24% +2% = 12.24%
NPV of the project = After-tax coins financial savings subsequent year / (WACCp – g)
= 6.6 / (.1224 - .03) = 71.428571428 million = 71.forty three million (Rounded to two decimal places)
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a software vendor has had recurring problems with customers misusing their proprietary software. which of the following technologies can give them the most control in regulating who, how, and when their software is being used?
Persistent License activation technologies can give them the most control in regulating.
Digital rights control (DRM) is the management of felony get admission to to digital content.
Numerous equipment or technological protection measures (TPM) together with get admission to control technologies can restriction the use of proprietary hardware and copyrighted works.
DRM technologies govern the use, amendment, and distribution of copyrighted works (such as software programs and multimedia content material), in addition to systems that enforce these regulations within devices.
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not all teams are easily defined by their level of autonomy. for example, a team has members based in many geographic locations who use technology to communicate, but its level of autonomy can vary depending on its purpose and structure.
You put a lot of effort into helping your team produce its best work as a manager.
Three Ways to Assess the Level of Autonomy Your Teams Have:Too many options: Having total freedom at work might make it challenging for workers to decide what to work on and how. Give your employees a set amount of time to pursue their interests in order to keep them from being paralyzed by choice; 10% to 20% is about appropriate. Remember that each employee of your company will flourish with a little bit more or a little bit less "free time."
Your leaders' sizes are: Efficiency is the quantity produced in a given period of time, whereas engagement is the outcome of teamwork and a sense of ownership. Finding the right balance is key to making the most of your autonomous team. On the one hand, team leaders should avoid micromanaging their colleagues since doing so would stifle creativity and risk-taking. On the other side, a leader who is completely hands-off may result in teams that have too much flexibility and lack sufficient direction. The best level of leadership is "mid."
Lack of structure: When assembling a team, structure is necessary. The secret is to create a structure that promotes independence. Your team's leadership and members should discuss how the group will advance the organization's objectives while simultaneously fostering the personal professional growth of each team member in order to achieve this. When you achieve this harmony between your aims as a person and those of the business, you will have truly added value.
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Capturing people while they're on the go, and while they have a relatively small communication device in their hands, is an example of using ___ ___ for marketing.
mobile media
Capturing people while they're on the go, and while they have a relatively small communication device in their hands, is an example of using mobile media for marketing.
- Mobile media refers to any removable or transportable digital memory medium, as well as any electronic storage medium on which information is or may be electronically recorded (such as magnetic disks and digital memory cards).
- Therefore, communication facilitated by mobile media is communication using a mobile platform for the exchange of data between and among a small number of identifiable and connected users. Due to media convergence, the mobile platform also offers a way to access the internet.
- Therefore, one example of using mobile media is to capture people when they are moving and holding a relatively modest communication device.
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which type of specification places the most emphasis on the level quality achieved? question 13 options: performance prescriptive/design technical structural
Performance Prescriptive type of specification places the most emphasis on the level quality achieved.
An item's functional requirements, the environment in which it must operate, and its interface and interchangeability features are all described in a performance specification.
When beginning to edit what will become a project specification, engineers must first decide which of the four categories of specifications—descriptive, performance, reference standard, and proprietary—will be used. Additionally, they must decide how the specification will be written.
According to the Sperrin philosophy, a design specification outlines the specifics, methods, and materials to be employed, as opposed to a performance specification, which outlines the desired outcome but leaves it up to the contractor to determine how to carry it out.
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TRUE/FALSE. suppose there are economies of scale in the production of a specialized memory chip that is used in manufacturing microwaves. this suggests that the microwave industry is a decreasing-cost industry.
Answer:
true
Explanation:
true
issues associated with moving workloads from the enterprise to the cloud include all of the following except .
Issues associated with moving the workloads from the enterprise to the cloud include all except managing the software and their licenses which will need deploying, provisioning, and updating them.
While shifting a workplace's enterprise to the cloud to making it available digitally on a server, we might face several issues. There can be issues related to confidentiality, processing, or other issues that can cause hindrances. But the software and their licenses do not need to be uploaded onto the cloud as they can be deployed, provisioned, and updated directly.
Cloud servers are on-demand services where a centralized server resource is hosted and delivered over a network by multiple users.
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Consumer surplus will _____ when a monopolist goes from single-price monopoly to perfect price discrimination.
Consumer surplus will not change when a monopolist goes from single-price monopoly to perfect price discrimination.
What is consumer surplus?
Consumer surplus occurs when the price a consumer pays for a product or service is lower than the price the consumer is willing to pay.
What is monopoly?
It is an uncompetitive marketplace that creates a situation in which a particular individual or firm is the sole supplier of a particular item, product or service.
Where as a monopolist is an organization, firm or company that attains monopoly.
What is Single-Price Monopoly?
A single price monopoly is a firm, organization that must sell all units of its output to all customers at the same price.
What is Perfect Price Discrimination?
Perfection Price Discrimination happens when companies charge the maximum possible price for each unit consumed.
Since each unit has a different price, the company records all available consumer or economic surplus.
Perfect Price Discrimination is also called First-Degree Discrimination
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according to the aida model, advertising is better at driving than it is at driving .
According to the AIDA model, advertising is better at driving (C) attention than it is at driving interest.
What is the AIDA model?The hierarchy of effects model, often known as a hierarchical model, is a class of models that includes the AIDA model, all of which suggest that customers go through a process of stages or steps while making decisions on what to buy. These theories, which are linear and sequential, are based on the idea that consumers go through a sequence of cognitive and affective stages before acting—for example, by making a purchase or trying something out.The AIDA model states that advertising is more effective at generating attention than interest.The simplicity of the AIDA paradigm is its key benefit. The model is timeless due to its simple design, making it usable even now.Therefore, according to the AIDA model, advertising is better at driving (C) attention than it is at driving interest.
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Complete question:
According to the AIDA model, advertising is better at driving _____________ than it is at driving ______________.
Select one:
a. Interest and Action
b. Attention and Action
c. Attention and Interest
single taxpayer, who is an employee of a law firm, in the current year has $100,000 of adjusted gross income, and the following allowable itemized deductions: $6,000 in interest, $6,500 in state income taxes, $1,500 in unreimbursed employee travel expenses, $200 in tax preparation fees, and $300 bar association dues.
The total itemized deductions for the single taxpayer would be $14,500 ($6,000 + $6,500 + $1,500 + $200 + $300).
What is taxpayer?
A taxpayer is a natural person, business, or other entity that must pay taxes. The government may issue identification or reference numbers to individuals or businesses as modern taxpayers.
One who pays taxes is generally referred to as a "taxpayer". A taxpayer is a person or a business that must pay taxes to local or federal taxing authorities. In addition to many other forms, taxes can take the form of income taxes or property taxes levied against owners of real property (including such homes and vehicles). When people purchase taxable goods and services, they may be required to pay taxes. The workforce of a nation is frequently referred to as a "taxpayer" because taxes are used to fund government programmes and systems.
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TRUE/FALSE. an incentive program that encourages new ideas, whether for new products or better processes, is a good way to generate capital investment proposals.
An incentive program that encourages new ideas, whether for new products or better processes, is a good way to generate capital investment proposals. This statement is True.
What is Capital Investment?A corporation makes a capital investment when it buys tangible assets to utilize in achieving its long-term goals and objectives. Among the assets that are bought as capital investments are real estate, factories, and equipment.
A wide phrase, "capital investment" has two separate definitions:
Capital investment in a company may be made by an individual, a venture capitalist organization, or a financial institution. The funding may come in the form of a loan or a future profit-sharing payment. Capital refers to money in this sense.
A corporation's management may invest money in the company using capital. They invest in long-term assets like machinery that will enable the business to operate more effectively or expand more quickly. Capital here refers to tangible assets.
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the fraction of disposable income spent on consumption and the fraction of disposable income saved: (click to select) b. the value of wealth and the amount of consumption spending: (click to select) c. the interest rate and the fraction of disposable income saved: (click to select) d. the interest rate and the fraction of disposable income consumed: (click to select) e. expected future income and consumption spending: (click to select) f. current income and consumption spending: (click to select)
Marginal propensity to save is the fraction of disposable income spent on consumption and the fraction of disposable income saved
According to Keynesian economic theory, a consumer's marginal propensity to save (MPS) is the percentage of an increase in overall income that they choose to save rather than spend on goods and services. In other words, MPS is the percentage of additional money that is saved as opposed to spent. The amount of additional disposable income a household would choose to save over spend on goods is measured by their marginal propensity to save.
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You buy a bottle of water and a dish of frozen yogurt. The table shows the total cost of the purchase for different amounts of frozen yogurt. Write a linear model that represents the total cost as a function of the number of ounces of frozen yogurt.
The table shows the total cost of the purchase for different amounts of frozen yogurt:
Ounces of frozen yogurt x 4 4.5 5 5.5 6
Total cost y ( in dollars) 3.60 3.80 4.00 4.20 4.40
The linear model that represents the total cost as the function of the number of ounces is y = 0.4x + 2
By using two pairs of points from the table:
coordinates (4, 3.6), (5, 4), we find the slope and linear equation
The function in slope-intercept form: y = mx + b
slope m,
m = (4 - 3.6)/(5 - 4) = 0.4/1 = 0.4
By substituting, one of the points and we find the y-intercept:
4 = 0.4*5 + b
b = 4 - 2
b = 2
Now the formed line is y = 0.4x + 2
Hence, The linear equation that represents the total cost as the function of the number of ounces is y = 0.4x + 2.
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Next, when the firms recover from the flood and businesses can start to operate again, the short-run aggregate supply curve will:
Choose one: A. shift to the left to SRAS1. B. shift to the left to SRAS2. C. shift to the right to SRAS1. D. shift to the right to SRAS3.
After this last shift in the aggregate supply curve, the economy will be at
Choose one: A. Point A. B. Point B. C. Point C. D. Point D. E. Point E.
Finally, also suppose that people expect that there will be a huge rebuilding effort. Based on this expectation, the aggregate demand curve will
Choose one: A. shift to the left. B. shift to the right. C. remain unchanged.
Because of aggregate demand’s response to the expected rebuilding effort, the economy will be at
Choose one: A. Point A. B. Point B. C. Point C. D. Point D. E. Point E.
When the firms recover from the flood and business start to operate again:
The short-run aggregate supply curve will shift to othe left to SRAS2 (B) because the firms need more capitals to start producing then raise the product price. After this last shift in the aggregate supply curve, the economy will be at Point B (B) because the aggregate demand remains and people tend to buy fewer units of product. Finally, also suppose that people expect that there will be a huge rebuilding effort. Based on this expectation, the aggregate demand curve will shift to the right to AD2 (B). Because of aggregate demand's response to the expected rebuilding effort, the economy will be at point D (D) where the real GDP remains but inflation takes place.To understand this case better, please take a look at the graph below.
We assume that the original position of the short-run aggregate supply is SRAS1.
When the firms recover from the flood and start to operate again, they need more capitals to produce their products. They need more capitals and investments to operate their manufacturing again. These investment and capitals could be used to reparation their machines and repurchasing new raw materials. Align with increase in costs, the firms need to raise the product price to gain some profits. Hence, the short-run aggregate supply will shift to the left and move to SRAS2 position.
Without any intervention, the new equilibrium will move to the point B where people will buy fewer units of product at the same original price. People will reject to spend more money to buy the same amount of products as before flood happens.
The government then will make public rebuilding investments and give hopes to people. People who are now expecting a huge rebuilding effort become confidence to spend more money on purchasing the products. This condition will shift the aggregate demand curve to the right.
Because of this movement, the new equilibrium will be made. This new equilibrium will be in the long-run aggregate supply (LRAS) curve but with higher vertical position. This new equilibrium shows that the real GDP will remain the same, but there will be increase in prices or inflation.
This scenario demonstrates an inflation scenario called Cost-Pushed Inflation. Cost-Pushed Inflation happens when SRAS shifts when there is an increase in production costs or products prices. AD then will shifts because of government's policy to inject money through public investment.
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portions of the financial statements for peach computer are provided below. peach computer income statement for the year ended december 31, 2021 net sales $ 1,775,000 expenses: cost of goods sold $ 1,040,000 operating expenses 550,000 depreciation expense 49,000 income tax expense 39,000 total expenses 1,678,000 net income $ 97,000 peach computer selected balance sheet data december 31 2021 2020 increase (i) or decrease (d) cash $ 101,000 $ 84,500 $ 16,500 (i) accounts receivable 46,100 49,500 3,400 (d) inventory 74,000 54,500 19,500 (i) prepaid rent 2,900 4,800 1,900 (d) accounts payable 44,000 36,500 7,500 (i) income tax payable 4,900 9,500 4,600 (d) required: prepare the operating activities section of the statement of cash flows for peach computer using the indirect method. (list cash outflows and any decrease in cash as negative amounts.)
The amount of Cash flow from operating activities is $134,700.
Cash flow refers to the difference between the value of cash the manufacture has at the initial of an accounting period versus the value of cash it has at the end of an accounting period.
the operating activities section of the statement of cash flows for peach computer can be seen below:
Net income $97,000
Depreciation expenses $49,000
Decrease in Accounts receivable $3,400
Decrease in Prepaid rent $1,900
Increase in Accounts payable $7,500
SUM A $61,800
Increase in Inventory ($19,500)
Decrease in Income tax payable ($4,600)
SUM B $24,100
(a-b) $37,700
Cash flow from operating activities $134,700
peach computer
income statement for the year ended december 31, 2021
net sales $ 1,775,000
expenses:
cost of goods sold $ 1,040,000
operating expenses 550,000
depreciation expense 49,000
income tax expense 39,000
total expenses 1,678,000
net income $97,000
peach computer selected balance sheet data december 31 2021 2020 increase (i) or decrease (d)
cash $ 101,000 $ 84,500 $ 16,500 (i)
accounts receivable 46,100 49,500 3,400 (d)
inventory 74,000 54,500 19,500 (i)
prepaid rent 2,900 4,800 1,900 (d)
accounts payable 44,000 36,500 7,500 (i)
income tax payable 4,900 9,500 4,600 (d)
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