A corporation to be considered a going concern means a corporation remains an entity regardless of the comings and goings of shareholders. The correct answer is option d.
When a corporation is considered a going concern, it means that it is expected to continue its operations in the foreseeable future. The option (d) states that a corporation remains an entity regardless of the comings and goings of shareholders, which aligns with the concept of a going concern.
Being a going concern implies that the corporation has the ability to operate and meet its obligations in the normal course of business. It signifies that the company is financially stable, has the necessary resources, and can continue its operations without the intention of liquidation or cessation.
This is an important consideration for investors, lenders, and other stakeholders who rely on the corporation's continued existence for their own interests.
While the other options provided in the question do not accurately describe the concept of a going concern, option (d) correctly emphasizes that the corporation's continuity is independent of changes in its shareholder composition.
The corporation's identity and operations persist beyond individual shareholders, ensuring the entity's ongoing presence and operations in the business environment.
Learn more about shareholders here :
https://brainly.com/question/31368740
#SPJ11
real wages can be cut without cutting nominal wages if:
Real wages can be cut without cutting nominal wages if there is an increase in the general price level or inflation. When prices rise, the purchasing power of money decreases, resulting in a decrease in real wages even if nominal wages remain the same.
It's worth noting that while this mechanism allows for a reduction in real wages without cutting nominal wages, it can have implications for workers' standards of living and overall economic well-being.
For example, if an employee's nominal wage is $20 per hour, but the prices of goods and services increase by 10%, the real value of their wage decreases because they can buy less with the same amount of money. In this case, the nominal wage remains unchanged, but the purchasing power decreases, effectively reducing real wages.
This situation is often referred to as "wage erosion" or "inflationary wage cut." It can occur when the rate of inflation outpaces the rate of wage increases, leading to a decline in real wages.
Learn more about wages here:
https://brainly.com/question/15431287
#SPJ11
The website "Which Test Won" ran an A/B test of an email sent to prospective students at a university.
The "A" test is the conversational approach with a head line of "Give Your Career a Little Love,"
The "B" test is the same offer, but the subject line takes a transactional approach, "Your online match is here."
The test ran for three days and during that time 105,000 prospective students received the email.
At the end, the "B" test won based on an analysis of open, click and unsubscribe rates.
In the space below, explain why the "B" test was more successful. Support your answer using direct marketing principles and other material from this and other marketing courses. Limit your answer to three sentences.
The "B" test was more successful because the subject line "Your online match is here" tapped into the psychological principle of personalization and created a sense of intrigue and relevance.
By framing the offer as a potential match for the prospective students, it triggered curiosity and enticed them to open the email. This approach aligns with direct marketing principles that emphasize the importance of engaging the audience and offering solutions to their needs.
The analysis of open, click, and unsubscribe rates confirmed that the transactional approach was more effective in capturing the attention and interest of the target audience, leading to higher engagement and ultimately better results in terms of campaign performance.
To know more about psychological principle refer to-
https://brainly.com/question/30485326
#SPJ11
Biloxi Co. is a U.S. firm that has a subsidiary in China. The subsidiary reinvests 40% of its net cash flows into operations and remits 60% to the parent. Biloxi Co. has expected cash flows from domestic business equal to $20,000,000 and the Chinese subsidiary is expected to generate 100 million Chinese yuan at the end of the year. The expected value of yuan at the end of the year is $.20. The expected dollar cash flows of the parent of Biloxi Co. in one year are $____ million.
The expected dollar cash flows of the parent of Biloxi Co. in one year are $32million.
To calculate the expected dollar cash flows of the parent company (Biloxi Co.), we need to convert the expected cash flows from the Chinese subsidiary into dollars.
Expected cash flows from the Chinese subsidiary = 100 million yuan
Expected value of yuan at the end of the year = $0.20 per yuan
The expected dollar cash flows from the Chinese subsidiary would be:
100 million yuan * $0.20 = $20 million
Since the subsidiary remits 60% of its net cash flows to the parent, the expected dollar cash flows to the parent would be:
$20 million * 0.60 = $12 million
Adding the expected cash flows from the domestic business ($20 million) to the cash flows from the Chinese subsidiary ($12 million), the expected dollar cash flows of the parent company in one year would be:
$20 million + $12 million = $32 million.
To know more about cash flows refer here
https://brainly.com/question/27994727#
#SPJ11
Jeremy is 67 years old; he has been retired for two years. Five years ago, Jeremy had a series of meetings with his financial advisor, Fiona, as part of developing a comprehensive financial plan. The meetings involved Fiona completing data-gathering worksheets, establishing Jeremy's retirement objectives in writing, developing and presenting recommendations to Jeremy to help him meet his objectives and finally, referring Jeremy to an investment specialist to implement the agreed upon recommendations. A month after all the transactions were completed, Fiona met with Jeremy to ensure he was happy with everything that had been done. Fiona has not spoken to Jeremy since that time. Given the implicit trust he has in Fiona, Jeremy has not bothered to review his monthly investment statements since his financial plan was put into force. However, this month, he decided to take a closer look at his financial position. Compared to the illustrations in the financial plan Fiona drafted, Jeremy was shocked to see that his retirement savings are considerably lower than projected. He now has serious concerns as to whether his savings will be suffidnint to meet his retirement needs over the long term. What, if anything, has Fiona OMITTED TO DO or done INCORRECTLY with respect to the retirement planning process? a) Fiona did a poor job of establishing Jeremy's objectives and predicting market conditions. b) Once the plan was implemented, Fiona failed to monitor its progress and to amend the plan in response to changing conditions. c) Fiona should have implemented the recommendations in the plan herself; she is not allowed to refer her clients to a third party. d) Fiona has adhered to all the steps of the retirement planning process and has fulfilled all of her obligations.
Fiona failed to monitor Jeremy's progress and amend the plan in response to changing conditions. The correct option b.
Jeremy discovered that his retirement savings are considerably lower than what he expected based on the illustrations Fiona drafted. Fiona has failed to monitor Jeremy's progress and amend the plan in response to changing market conditions.
This is one of the biggest mistakes in retirement planning and portfolio management because the market is constantly changing, so the portfolio needs to change with it. A retirement plan is never a set it and forget it situation, and it needs to be checked and adjusted regularly to ensure that the individual's goals are on track and that the portfolio is still appropriate for their situation.
To know more about retirement visit:
https://brainly.com/question/31284848
#SPJ11
1. Define the quantity demanded of a good or service. Provide an
example
2. Define the quantity supplied of a good or service. Provide an
example.
The quantity demanded of a good or service refers to the amount of that particular good or service that consumers are willing and able to purchase at a given price and within a specific time period.
Quantity Demanded: The quantity demanded of a good or service refers to the quantity that consumers are willing and able to purchase at a given price. It is influenced by factors such as the price of the good or service, consumer preferences, income levels, availability of substitutes, and market conditions. For example, if the price of a smartphone decreases, the quantity demanded of smartphones may increase as more consumers find them affordable and are willing to purchase them.
Quantity Supplied: The quantity supplied of a good or service represents the quantity that producers are willing and able to offer for sale at a given price. It is influenced by factors such as the price of inputs, production costs, technology, government regulations, and market conditions. For example, if the price of a particular crop increases, farmers may be motivated to supply more of that crop to the market, resulting in an increase in the quantity supplied.
In summary, the quantity demanded refers to the amount consumers are willing and able to purchase at a given price, while the quantity supplied represents the amount producers are willing and able to offer for sale at a given price. Both concepts are fundamental in understanding market dynamics and the interaction between buyers and sellers in determining equilibrium prices and quantities.
Learn more about equilibrium prices from here:
https://brainly.com/question/14480835
#SPJ11
Voluntary settlements Classify each of the following voluntary settlements as an extension, a composition, or a combination of the two. a. Paying all creditors 34 cents on the dollar in exchange for complete discharge of the debt. b. Paying all creditors in full in three periodic installments. c. Paying a group of creditors with claims of $12,000 in full over 2 years and immediately paying the remaining creditors 65 cents on the dollar.
a. The voluntary settlement in scenario a can be classified as an extension.
b. The voluntary settlement in scenario b can be classified as a combination of extension and composition.
c. The voluntary settlement in scenario c can be classified as a composition.
In voluntary settlements, the classification is based on whether the settlement involves an extension of time to pay the debt, a composition where creditors receive a partial payment, or a combination of both.
In scenario a, where creditors are paid 34 cents on the dollar in exchange for a complete discharge of the debt, it can be classified as an extension. The debtor is offering to pay less than the full amount owed, but in return, the creditors agree to discharge the debt entirely. This implies an extension of the debt repayment terms, as the debtor is not required to pay the full amount.
In scenario b, where creditors are paid in full but in three periodic installments, it can be classified as a combination of extension and composition. The debtor agrees to pay the full amount owed, indicating composition, but the repayment is spread over three installments, indicating an extension of time for repayment.
In scenario c, where a group of creditors with claims of $12,000 is paid in full over 2 years and the remaining creditors are immediately paid 65 cents on the dollar, it can be classified as a composition. The debtor is offering a partial payment (65 cents on the dollar) to the remaining creditors, indicating composition. However, there is no mention of an extension of time for repayment.
Learn more about voluntary settlement
brainly.com/question/23842872
#SPJ11
Please explain the differences between ISD,
Rationalizability and Nash equilibrium
ISD focuses on eliminating strictly dominated strategies, rationalizability predicts the behavior of rational players by iteratively eliminating strategies.
Sure! Let's go through each concept and explain the differences between them: ISD (Iterated Strict Dominance): ISD is a solution concept used in game theory to analyze strategic interactions. It involves iteratively eliminating strategies that are strictly dominated by other strategies. A strategy is said to be strictly dominated if there exists another strategy that always yields a better outcome regardless of the choices made by the other players. In an iterated strict dominance analysis, dominated strategies are eliminated step by step until a unique outcome is reached. ISD is a refinement concept that helps narrow down the possible outcomes in a game by discarding strategies that are clearly suboptimal.
Rationalizability: Rationalizability is another solution concept in game theory that is used to predict the behavior of rational players in a game. It focuses on the idea of rationality, where players are assumed to make decisions that are consistent with their preferences. In the context of rationalizability, a strategy is considered rationalizable if it survives a process of iteratively eliminating strategies that are deemed irrational by assuming that opponents are also rational. This process continues until no further strategies can be eliminated. The remaining strategies after this elimination process are considered rationalizable strategies.
Nash Equilibrium: Nash equilibrium is a central concept in game theory, named after mathematician John Nash. It is a solution concept that describes a stable state in a game where no player has an incentive to unilaterally change their strategy, given the strategies chosen by the other players. In a Nash equilibrium, each player's strategy is a best response to the strategies of the other players. In other words, no player can benefit by deviating from their current strategy if the other players maintain their strategies. Nash equilibrium can be found in various types of games, including simultaneous-move games, sequential games, and games with mixed strategies.
To summarize, ISD focuses on eliminating strictly dominated strategies, rationalizability predicts the behavior of rational players by iteratively eliminating strategies that are deemed irrational, and Nash equilibrium represents a stable state in a game where no player has an incentive to unilaterally change their strategy. These concepts provide different perspectives and analysis techniques to understand strategic interactions in game theory.
Learn more about Nash equilibrium here:
https://brainly.com/question/31795061
#SPJ11
On March 1, Maple sold goods to a Canadian company for C$44,000, receivable on May 30. The spot rates for Canadian dollars were C$1=$0.65 on March 1 and C$1= $0.68 on May 30. 2. On July 1, Maple signed a contract to purchase equipment from a Japanese company for ¥420,000. The equipment was manufactured in Japan during August and was delivered to Maple on August 30 with payment due in 60 days on October 29. The spot rates for yen were ¥1= $0.102 on July 1, 1 = $0.104 on August 30, and ¥1 = $0.106 on October 29. The 60-day forward exchange rate on August 30, 20X5, was *1 = $0.1055. 3. On November 16, Maple purchased inventory from a London company for £24.000, payable on January 15, 20X6. The spot rates for pounds were £1= $1.65 on November 16, £1 = $1.63 on December 31, and £1 = $1.64 on January 15, 20X6. The forward rate on December 31, 20X5, for a January 15, 20X6, exchange was £1 = $1.645. Required: Prepare journal entries to record Maple's import and export transactions during 20X5 and 20X6.
In this scenario, we will analyze the import and export transactions of Maple, a company involved in international trade. We will prepare journal entries to record these transactions during the years 20X5 and 20X6. The transactions involve sales and purchases in Canadian dollars, Japanese yen, and British pounds. We will consider the spot rates, forward rates, and payment terms for each transaction to determine the appropriate journal entries.
Transaction: Sale of Goods to a Canadian Company
On March 1, Maple sold goods to a Canadian company for C$44,000, with the payment due on May 30. We need to record this transaction using the spot rates for Canadian dollars on March 1 and May 30.
a. On March 1, the spot rate was C$1 = $0.65.
The journal entry to record the sale would be as follows:
Debit: Accounts Receivable (C$44,000)
Credit: Sales Revenue (C$44,000 × $0.65)
b. On May 30, the spot rate was C$1 = $0.68.
To record the receipt of payment, we need to adjust for the change in the exchange rate between March 1 and May 30:
Debit: Cash (C$44,000 × $0.68)
Credit: Accounts Receivable (C$44,000)
Transaction: Purchase of Equipment from a Japanese Company
On July 1, Maple signed a contract to purchase equipment from a Japanese company for ¥420,000. The equipment was delivered on August 30, with payment due on October 29. We need to consider the spot rates on July 1, August 30, and October 29, as well as the forward rate on August 30.
a. On July 1, the spot rate was ¥1 = $0.102.
To record the agreement to purchase the equipment, we use the spot rate at that time:
Debit: Equipment (¥420,000 × $0.102)
Credit: Accounts Payable (¥420,000)
b. On August 30, the spot rate was ¥1 = $0.104.
To adjust for the change in exchange rate between July 1 and August 30, we need to record a gain or loss due to the fluctuation:
Debit: Accounts Payable (¥420,000)
Credit: Exchange Gain (¥420,000 × ($0.104 - $0.102))
c. On October 29, the spot rate was ¥1 = $0.106.
To record the payment, we need to adjust for the change in exchange rate between August 30 and October 29:
Debit: Accounts Payable (¥420,000)
Credit: Cash (¥420,000 × $0.106)
Transaction: Purchase of Inventory from a London Company
On November 16, Maple purchased inventory from a London company for £24,000, with payment due on January 15, 20X6. We need to consider the spot rates on November 16, December 31, and January 15, 20X6, as well as the forward rate on December 31.
a. On November 16, the spot rate was £1 = $1.65.
To record the purchase of inventory, we use the spot rate at that time:
Debit: Inventory (£24,000 × $1.65)
Credit: Accounts Payable (£24,000)
b. On December 31, the spot rate was £1 = $1.63.
To adjust for the change in exchange rate between November 16 and December 31, we need to record a gain or loss due to the fluctuation:
Debit: Accounts Payable (£24,000)
Credit: Exchange Loss (£24,000 × ($1.63 - $1.65))
c. On January 15, 20X6, the spot rate was £1 = $1.64.
To record the payment, we need to adjust for the change in exchange rate between December 31 and January 15, 20X6:
Debit: Accounts Payable (£24,000)
Credit: Cash (£24,000 × $1.64)
These journal entries account for the import and export transactions conducted by Maple during 20X5 and 20X6, considering the exchange rates and payment terms associated with each transaction. It's important to note that exchange gains or losses may arise due to fluctuations in exchange rates between transaction dates and payment dates.
To know more about Journal entry here
https://brainly.com/question/30499005
#SPJ4
Derek plans to retire on his 65th birthday. However, he plans to work part-time until he turns 72.00. During these years of part-time work, he will neither make deposits to nor take withdrawals from his retirement account. Exactly one year after the day he turns 72.0 when he fully retires, he will begin to make annual withdrawals of $144,773.00 from his retirement account until he turns 93.00. He he will make contributions to his retirement account from his 26th birthday to his 65th birthday. To reach his goal, what must the contributions be? Assume a 5.00% interest rate.
To reach his retirement goal, Derek must make contributions to his retirement account from his 26th birthday to his 65th birthday. The required contributions can be calculated based on the annual withdrawals he plans to make after turning 72.00, the interest rate of 5.00%, and the time period of his retirement.
Explanation: Derek plans to retire on his 65th birthday and work part-time until he turns 72.00. During this period, he will neither make deposits to nor take withdrawals from his retirement account. Exactly one year after he turns 72.00, he will begin making annual withdrawals of $144,773.00 from his retirement account until he turns 93.00.
To calculate the required contributions, we need to consider the future value of the annual withdrawals at the time he turns 72.00. Using the future value formula, we can determine the total amount needed in the retirement account by the time he turns 72.00.
Given an interest rate of 5.00% and a time period of one year, the future value factor can be calculated as (1 + 5.00%) = 1.05. So, the future value of the annual withdrawal of $144,773.00 for 21 years (from age 72 to 93) would be:
Future Value = $144,773.00 * (1.05^21) = $144,773.00 * 3.86864 = $560,532.14
Now, we can calculate the required contributions by considering the time period from Derek's 26th birthday to his 65th birthday. The future value of these contributions at the time he turns 72.00 should be equal to $560,532.14.
Using the future value formula again, we can determine the required contributions. Let's assume the annual contributions are made at the end of each year. The future value factor can be calculated as (1 + 5.00%) = 1.05. The number of compounding periods is 40 (from age 26 to 65).
Required Contributions = $560,532.14 / (1.05^40) = $560,532.14 / 7.04075 = $79,620.62
Therefore, to reach his retirement goal, Derek must make annual contributions of approximately $79,620.62 from his 26th birthday to his 65th birthday, considering a 5.00% interest rate.
To learn more about Interest rate - brainly.com/question/28272078
#SPJ11
1. How does the future of innovation look like, especially considering the Covid-19 impact? What will change from your perspective and what is already changing/has changed? All aspects are welcome. ma
The future of innovation, particularly in light of the Covid-19 impact, is likely to see several significant changes. These changes include a greater emphasis on digital transformation, increased focus on healthcare and biotechnology, accelerated automation and artificial intelligence (AI) adoption, and a shift towards remote work and collaboration.
Digital Transformation: The Covid-19 pandemic has accelerated the adoption of digital technologies across various industries. Companies have realized the importance of having robust online platforms, e-commerce capabilities, and remote collaboration tools. This trend is expected to continue, with organizations investing more in digital infrastructure, cloud computing, data analytics, and cybersecurity. The integration of technologies like the Internet of Things (IoT), blockchain, and 5G networks will further drive innovation in sectors such as manufacturing, logistics, and smart cities.
Healthcare and Biotechnology: The pandemic has highlighted the critical importance of healthcare and biotechnology innovation. There has been a rapid development of vaccines, diagnostic tests, and treatments for Covid-19. This crisis has spurred increased investment in medical research, drug discovery, and telemedicine. The integration of AI, machine learning, and big data analytics in healthcare will lead to personalized medicine, predictive diagnostics, and more efficient healthcare delivery systems.
Automation and AI: The need for social distancing and reducing human-to-human contact has accelerated the adoption of automation and AI technologies. Industries such as manufacturing, logistics, and retail have increasingly implemented robotics, autonomous vehicles, and AI-powered chatbots. This trend is expected to continue as companies strive for greater efficiency, cost savings, and resilience in their operations.
Remote Work and Collaboration: The pandemic has forced organizations to embrace remote work and virtual collaboration tools. Many companies have realized the benefits of flexible work arrangements and are likely to continue supporting remote work even after the pandemic subsides. This shift will drive innovation in remote collaboration platforms, virtual reality (VR) and augmented reality (AR) technologies, and digital communication tools.
The Covid-19 pandemic has had a profound impact on the future of innovation. It has accelerated the adoption of digital technologies, particularly in the areas of digital transformation, healthcare and biotechnology, automation and AI, and remote work and collaboration. These changes will likely shape the future landscape of various industries, leading to increased efficiency, improved healthcare outcomes, and new ways of working and collaborating.
Learn more about transformation ,visit:
https://brainly.com/question/30784303
#SPJ11
S0 = 110 . a dividend of $5 is expected in 1 month, a dividend
of $5 is expected in 4 months.
F 6-mo = 110
R = 6% CC
What is the profit?
The profit in this scenario is $10, considering the dividends received and any changes in the stock price.
To calculate the profit, we need to consider the dividends received and any changes in the stock price.
S₀ = $110 (initial stock price)
Dividend in 1 month = $5
Dividend in 4 months = $5
F 6-mo = $110 (forward stock price after 6 months)
R = 6% (annual interest rate or discount rate)
To calculate the profit, we'll consider the dividends received and any capital gains or losses due to changes in the stock price.
1. Dividend Income:
Dividend received in 1 month = $5
Dividend received in 4 months = $5
Total dividend income = $5 + $5 = $10
2. Capital Gains/Losses:
The forward stock price after 6 months (F 6-mo) is given as $110.
To calculate the capital gains/losses, we need to compare the initial stock price (S₀) with the forward stock price (F 6-mo).
Capital gains/losses = F 6-mo - S₀
= $110 - $110
= $0
Since there is no change in the stock price, the capital gains/losses are $0.
3. Total Profit:
Total profit = Dividend Income + Capital Gains/Losses
= $10 + $0
= $10
To know more about stock price, refer to the link below:
https://brainly.com/question/18366763#
#SPJ11
Assume that you are a Human Resource Director in your company. Discuss what will you highlight to make them understand the purpose of international assignments that help an international organization succeed in its long-term strategy.
SUBJECT: INTERNATIONAL HUMAN RESOURCE MANAGEMENT
As a Human Resource Director in a company, I would highlight the importance of international assignments in helping an international organization succeed in its long-term strategy. International assignments provide employees with the opportunity to learn new skills and gain experience in a global context. International assignments are an important tool for companies seeking to expand their global presence and achieve long-term strategic goals. They allow employees to gain exposure to different cultures and work environments, develop new skills, and with colleagues from around the world. As a result, companies that invest in international assignments are better positioned to compete in the global marketplace and adapt to changing business environments.
There are several key benefits of international assignments that I would highlight to help employees understand their importance. First, international assignments provide employees with the opportunity to develop a global mindset and gain a deeper understanding of different cultures and customs. This can be especially valuable for companies that operate in multiple countries, as it helps employees to better navigate cross-cultural differences and build strong relationships with colleagues from different backgrounds.Second, international assignments allow employees to develop new skills and gain valuable experience in a global context. For example, employees may have the opportunity to work on cross-functional teams, develop their leadership skills, or gain experience working in different industries or markets. This can help employees to become more versatile and adaptable, which is essential for long-term success in today's rapidly changing business environment.Finally, international assignments can help to build a more cohesive and effective global organization. By working with colleagues from different countries and backgrounds, employees can build strong relationships and develop a better understanding of each other's strengths and weaknesses. This can lead to more effective collaboration, better decision-making, and ultimately, better business outcomes.
To know more about company visit:
https://brainly.com/question/27238641
#SPJ11
Which of the following groups has generally enjoyed more access to stock options than others? Select one: a. Unemployed b. Chief Executive Officers c. Government officials d. Expatriates e. Politicians
Chief Executive Officers (CEOs)** have generally enjoyed more access to stock options compared to others. Stock options are often used as a compensation tool for executives, particularly CEOs, in order to align their interests with those of the company's shareholders and to incentivize performance.
CEOs are typically granted stock options as part of their compensation packages. These options provide them with the opportunity to purchase company shares at a predetermined price, known as the exercise price, during a specified period. If the stock price rises above the exercise price, CEOs can exercise their options, buy the shares at a lower price, and sell them at the market price, generating a profit.
Stock options can be a significant component of executive compensation, allowing CEOs to potentially benefit from the company's growth and success. This form of compensation is more prevalent in higher-level executive roles, such as CEOs, due to the responsibilities and strategic impact associated with these positions.
While other groups, such as expatriates or politicians, may also receive stock options in certain circumstances, CEOs generally have greater access to stock options as part of their overall compensation packages. It is important to note that the availability of stock options can vary across industries, companies, and specific situations.
**Keywords: stock options, Chief Executive Officers (CEOs), compensation, executive roles, access.**
Learn more about Stock here
https://brainly.com/question/26128641
#SPJ11
Answer the following questions. (Hint: Apply the accounting equation.)
a. Intel Corporation had assets equal to $65,586 million and liabilities equal to $13,756 million for a recent year-end. What was the total equity for Intel's business at year-end?
$Answer
million
b. At the beginning of a recent year, JetBlue Airways Corporation's assets were $7,549 million and its equity was 3,946 million. During the year, assets increased $44 million and liabilities increased $64 million. What was its equity at the end of the year?
$Answer
million
c. At the beginning of a recent year, The Walt Disney Company's liabilities equaled $32,264 million. During the year, assets increased by $2,918 million, and year-end assets equaled $72,124 million. Liabilities increased $2,807 million during the year. What were its beginning and ending amounts for equity?
Beginning equity: $Answer million
Ending equity: $Answer million
a. Intel Corporation's total equity at year-end was $51,830 million.
b. JetBlue Airways Corporation's equity at the end of the year was $3,583 million.
c. The Walt Disney Company had a beginning equity of $39,860 million and an ending equity of $39,971 million.
a. To find the total equity for Intel's business at year-end, we can use the accounting equation: Assets = Liabilities + Equity. Rearranging the equation, Equity = Assets - Liabilities.
Given that Intel Corporation had assets of $65,586 million and liabilities of $13,756 million, we can calculate the equity as follows:
Equity = $65,586 million - $13,756 million = $51,830 million.
b. To determine the equity at the end of the year for JetBlue Airways Corporation, we need to consider the change in assets and liabilities.
Given that at the beginning of the year, assets were $7,549 million and equity was $3,946 million, we can use the accounting equation: Assets = Liabilities + Equity.
During the year, assets increased by $44 million and liabilities increased by $64 million.
At the end of the year, we can calculate the equity as follows:
Equity = Assets - Liabilities
= ($7,549 million + $44 million) - ($3,946 million + $64 million)
= $7,593 million - $4,010 million
= $3,583 million.
c. To determine the beginning and ending amounts for equity for The Walt Disney Company, we can use the accounting equation.
Given that at the beginning of the year, liabilities equaled $32,264 million, assets increased by $2,918 million during the year, and year-end assets equaled $72,124 million. Liabilities increased by $2,807 million during the year.
We can calculate the beginning equity as follows:
Beginning equity = Assets - Liabilities
= $72,124 million - $32,264 million
= $39,860 million.
The ending equity can be calculated as:
Ending equity = Beginning equity + Increase in equity
= $39,860 million + ($2,918 million - $2,807 million)
= $39,860 million + $111 million
= $39,971 million.
Learn more about equity from the given link:
https://brainly.com/question/31458166
#SPJ11
a key factor in helping safeguard cash is a well functioning
A key factor in helping safeguard cash is a well-functioning system of internal controls.
Safeguarding cash is crucial for businesses to prevent theft, fraud, or misappropriation of funds. A well-functioning system of internal controls is a fundamental factor in achieving this objective. Internal controls encompass policies, procedures, and practices implemented by an organization to mitigate risks and ensure the proper handling and protection of cash. These controls may include segregation of duties, regular reconciliations, secure storage, limited access to cash, monitoring of transactions, and the use of technology-based security measures. A robust internal control system helps establish checks and balances, detect and deter fraudulent activities, and promote transparency and accountability in cash management. By implementing and maintaining effective internal controls, businesses can enhance the security of their cash assets and reduce the potential for financial losses, thereby safeguarding their financial resources and maintaining the integrity of their operations.
learn more about safeguard cash here:
https://brainly.com/question/15172376
#SPJ11
FILL IN THE BLANK. Nationwide Auto Parts uses a periodic review inventory control system for one of its stock items . The review interval is 12 weeks , and the lead time for receiving the materials ordered from its wholesaler is 5 weeks . Weekly demand is normally distributed , with a mean of 125 units and a standard deviation of 25 units . Refer to the standard normal table for z - values . a . What is the average and the standard deviation of demand during the protection interval ? The average demand during the protection interval is 2125 units . ( Enter your response as an integer . ) The standard deviation of demand is 103.08 units . ( Enter your response rounded to two decimal places . ) . If the firm desires 96 percent stockout protection , the target inventory level is _____ units . ( Enter your response rounded to the nearest whole number . )
The average and standard deviation of demand during the protection interval, we need to consider the lead time and demand distribution standard.
To find the average demand during the protection interval: Average demand during the protection interval = Weekly demand * Review interval Average demand during the of demand during the protection interval Standard Square root of the review interval Standard deviation of demand during the protection interval. Since the demand during the protection interval is normally distributed, we can use the standard normal table to find the corresponding z-value for a 96 percent service level.
learn more about Standard here:
https://brainly.com/question/32463736
#SPJ11
State, with reason, how the following expenditure would be categorized to conform with IAS38.
A Wine distillery has successfully designed and tested a new process to make high-quality distilled wine. The trial run of the process has been successful in the Napa Valley which recorded its hottest summer since the record began. The distillery has been spent on $3 million dollars before the trial run on this process. The company has achieved the technical feasibility to complete the new process, and it can complete the project and start using this new process to produce wines. It anticipates spending another $300 on the legal costs and $2000 on the patent application and registration that would be valid for 5 years.
The expenditure incurred by the wine distillery can be categorized as research and development (R&D) costs in accordance with IAS 38 (Intangible Assets).
The initial expenditure of $3 million dollars before the trial run represents research costs. The distillery was conducting research activities to develop a new process for making high-quality distilled wine. These costs are incurred to obtain new knowledge and are generally recognized as expenses when incurred.
The additional expenditure of $300 on legal costs and $2000 on the patent application and registration represents development costs. These costs are incurred to convert the research findings into a usable process that can be applied for commercial production. Legal costs and patent application costs are directly related to the development and protection of the new process.
According to IAS 38, research costs are expensed as incurred, while development costs that meet certain criteria can be capitalized as an intangible asset. To be eligible for capitalization, the company must demonstrate that the new process has achieved technical feasibility, which means that it is probable that the process will be completed and can be used to produce wines.
In this case, since the distillery has achieved technical feasibility and can complete the project, the additional costs incurred for legal and patent application can be capitalized as intangible assets. The costs would be amortized over the expected useful life of the patent, which is 5 years in this case.
Therefore, the expenditure would be categorized as follows:
- $3 million dollars (pre-trial run costs): Research expenses (expensed as incurred)
- $300 (legal costs): Development costs (capitalized as intangible asset)
- $2000 (patent application and registration): Development costs (capitalized as intangible asset)
It is important for the company to carefully evaluate and assess the criteria set out in IAS 38 to determine the appropriate categorization and treatment of the expenditure.
Learn more about research and development (R&D) costs here:
https://brainly.com/question/16631370
#SPJ11
Thrills Amusement Park provides a variety of attractions. Thrills sells tickets at $50 per person as a one-day entrance fee. Variable costs are $28 per person, and fixed costs are $166,500 per month.
Compute the breakeven point in tickets and in sales dollars.
The breakeven point for Thrills Amusement Park is 6,660 tickets or $333,000 in sales dollars.
To calculate the breakeven point, we need to determine the number of tickets or the sales dollars required for the park to cover its costs. The breakeven point is the point at which total revenue equals total costs, resulting in zero profit or loss.
Calculate the contribution margin per ticket
The contribution margin per ticket is the difference between the ticket price and the variable cost per ticket. In this case, it is $50 - $28 = $22.
Calculate the breakeven point in tickets
To calculate the breakeven point in tickets, we divide the fixed costs by the contribution margin per ticket: $166,500 / $22 = 7,568.18 tickets. Since we cannot sell a fraction of a ticket, we round up to the nearest whole number, which is 7,569 tickets.
Calculate the breakeven point in sales dollars
To calculate the breakeven point in sales dollars, we multiply the breakeven point in tickets by the ticket price: 7,569 tickets * $50 = $378,450.
Therefore, the breakeven point for Thrills Amusement Park is 6,660 tickets or $333,000 in sales dollars.
Learn more about Breakeven
brainly.com/question/32939508
#SPJ11
Which of the following statements is/are correct? a) Fixing a maximum price above the equilibrium price will result in an excess demand. b) Fixing a minimum price below the equilibrium price may lead to black market activity. c) Fixing the minimum price below the equilibrium price will not disturb the market forces. [1] Only a. [2] Only b. [3] Only c. [4] Only a and b. [5] Only b and c.
The correct answer is [4] Only a and b.
a) Fixing a maximum price above the equilibrium price will result in an excess demand. This is because the maximum price restricts the price from rising to the equilibrium level, causing the quantity demanded to exceed the quantity supplied. Consumers are willing to buy more at the lower price, but producers are not incentivized to supply as much at that price, leading to a shortage or excess demand.
b) Fixing a minimum price below the equilibrium price may lead to black market activity. This is because the minimum price, also known as a price floor, sets a higher price than the equilibrium level. This can create a surplus or excess supply, as producers are willing to supply more at the higher price, but consumers demand less. To avoid the higher price, consumers may turn to the black market where the price can be lower, leading to illegal or unofficial transactions.
c) Fixing the minimum price below the equilibrium price will not disturb the market forces. This statement is incorrect. If the minimum price is set below the equilibrium price, it will not have any direct impact on the market as it does not bind. However, if the minimum price is set too low, it may not be effective in achieving its intended goals, such as protecting producers' income or ensuring a fair wage. In such cases, market forces may still prevail, and the market could experience fluctuations or imbalances.
learn more about price here
https://brainly.com/question/20703640
#SPJ11
the market in which factors of production are traded is called the _________.
The market in which factors of production are traded is called the factor market.
What are the factors of production?The factors of production are the inputs needed for the production of goods and services. The four types of factors of production include land, labor, capital, and entrepreneurship. Land refers to the natural resources used in the production of goods and services, including water, forests, oil, gas, and minerals.
Labor refers to the human resources that are used in the production process. It can include both physical and intellectual work. Capital refers to the physical goods and services used in the production process.
This includes things like machines, buildings, and infrastructure. Entrepreneurship refers to the people who bring together the other factors of production to create new goods and services.
For more questions on: factor market.
https://brainly.com/question/30608914
#SPJ8
1. Glossary
For each of the following definitions, select the correct term from the dropdown menu in the table.
Terms:
Discount rate / Excess reserves/ Federal funds market/ Federal funds rate/ Fractional reserve banking/ Money multiplier/ Open market operations /Required reserve ratio/ Required reserves
Definitions Terms
The percentage of deposits that the Fed requires a bank to hold in vault cash or on deposit with the Fed The interest rate the Fed charges on loans of reserves to banks A private market in which banks lend reserves to each other for less than 24 hours The minimum balance that the Fed requires a bank to hold in vault cash or on deposit with the Fed Potential loan balances held in vault cash or on deposit with the Fed in excess of required reserves
The percentage of deposits that the Fed requires a bank to hold in vault cash or on deposit with the Fed - Required reserve ratio
The interest rate the Fed charges on loans of reserves to banks - Discount rate
A private market in which banks lend reserves to each other for less than 24 hours - Federal funds market
The minimum balance that the Fed requires a bank to hold in vault cash or on deposit with the Fed - Required reserves
Potential loan balances held in vault cash or on deposit with the Fed in excess of required reserves - Excess reserves
Learn more about Discount rate here:
https://brainly.com/question/13660799
#SPJ11
PLEASE TYPE ANSWER
Your two favorite activities are attending hockey games and reading books. Currently, the price of a book is \( \$ 1 \), the price of attending a hockey game is \( \$ 5 \), and you have \( \$ 50 \) to
Your two favorite activities are attending hockey games and reading books. Currently, the price of a book is $1, the price of attending a hockey game is $5, and you have $50 to spend. To optimize your enjoyment and make the most of your budget, you can employ a strategy to determine the optimal number of books and hockey games you should buy.
Let's assume that the enjoyment you derive from a book and attending a hockey game is equal. In that case, you can allocate your budget evenly between the two activities. Since a book costs $1 and a hockey game costs $5, you can spend $2.50 on each activity.
With $2.50, you can buy two books (2 x $1 = $2) and attend one hockey game (1 x $5 = $5), totaling $7. In this scenario, you would have $43 left from your budget.
If you decide to allocate the remaining $43 equally between books and hockey games, you could buy 43 books (43 x $1 = $43) and attend eight hockey games (8 x $5 = $40). This way, you maximize your enjoyment by engaging in both activities extensively while staying within your budget.
By adopting this strategy, you can strike a balance between attending hockey games and reading books, making the most out of your available funds while satisfying your interests.
Know more about Hockey here :
https://brainly.com/question/32621127
#SPJ11
Explain how each of the following events affects the equilibrium wage and the equilibrium quantity of labour (assume all else is constant with each event). Be sure to explain whether demand for or supply of labour has changed.
(1) The price of output a firm produces rises.
(2) A leisure-hour provides greater marginal benefit.
(3) The marginal tax rate rises.
(4) New immigration laws restrict the hiring of illegal workers.
(5) A reduction in welfare benefits.
(6) The cost of machines falls (labour and machines are substitutes).
(7) Technology makes labour more productive.
(8) The price of the product a firm produced falls
each of the events mentioned can affect the equilibrium wage and the equilibrium quantity of labor.
(1) The price of output a firm produces rises:
If the price of output a firm produces rises, it will increase the revenue and profitability of the firm. This change will lead to an increase in the demand for labor as the firm expands its production to meet the higher demand for its product. The equilibrium wage will increase due to the increased demand for labor, while the equilibrium quantity of labor will also increase.
(2) A leisure-hour provides greater marginal benefit:
When a leisure hour provides greater marginal benefit, individuals may choose to work fewer hours and allocate more time to leisure activities. This change in individual preferences reduces the supply of labor. With a decrease in labor supply, the equilibrium wage will rise due to the scarcity of available workers. Simultaneously, the equilibrium quantity of labor will decrease as fewer individuals participate in the labor market.
(3) The marginal tax rate rises:
If the marginal tax rate rises, it reduces the net income workers receive from their labor. As a result, individuals may choose to work less or decide not to participate in the labor market. The increase in the marginal tax rate reduces the supply of labor, leading to a decrease in the equilibrium quantity of labor. The equilibrium wage may or may not be affected, depending on the magnitude of the tax rate increase and the elasticity of labor supply.
(4) New immigration laws restrict the hiring of illegal workers:
New immigration laws that restrict the hiring of illegal workers reduce the supply of labor. With fewer available workers, the equilibrium quantity of labor decreases. The equilibrium wage may increase as employers compete for the reduced pool of legal workers. However, the effect on wages will depend on the elasticity of labor demand and the extent to which firms are able to substitute legal workers for illegal workers.
(5) A reduction in welfare benefits:
A reduction in welfare benefits can influence the decision to participate in the labor market. When welfare benefits decrease, individuals may be motivated to seek employment or increase their work hours to compensate for the loss of welfare support. This change increases the labor supply, leading to an increase in the equilibrium quantity of labor. The equilibrium wage may or may not be affected, depending on the elasticity of labor demand and the magnitude of the reduction in welfare benefits.
(6) The cost of machines falls (labor and machines are substitutes):
When the cost of machines falls, it becomes relatively more cost-effective for firms to replace labor with machines. This change in the production technology reduces the demand for labor, as firms opt for automated processes. The equilibrium wage will decrease due to the decreased demand for labor, while the equilibrium quantity of labor will also decrease as fewer workers are needed.
(7) Technology makes labor more productive:
When technology improves labor productivity, workers can produce more output per unit of time or effort. This change increases the demand for labor as firms seek to take advantage of the enhanced productivity. The equilibrium wage will increase due to the increased demand for labor, while the equilibrium quantity of labor will also increase as firms hire additional workers to utilize the advanced technology.
(8) The price of the product a firm produces falls:
If the price of the product a firm produces falls, it reduces the revenue and profitability of the firm. As a result, firms may reduce their production and scale back their labor demand. The decrease in the demand for labor leads to a decrease in the equilibrium quantity of labor. The equilibrium wage may or may not be affected, depending on the elasticity of labor supply and the magnitude of the price reduction.
each of the events mentioned can affect the equilibrium wage and the equilibrium quantity of labor. Changes in the demand for labor, such as increases in the price of output, technological advancements, or a reduction in welfare benefits, can lead to changes in both the equilibrium wage and quantity of labor
To know more about equilibrium wage follow the link:
https://brainly.com/question/29459449
#SPJ11
Suppose that you estimate a multiple regression model using OLS. If your R2 is high, but fex, if any of your t-ratios are greater than 2, then the likely cause is ___. Oa. multicollinearity, Ob. heteroskedasticity. Oc. spurious regression. Od. omitted variable blas
Suppose that you estimate a multiple regression model using OLS. If your R2 is high, but Fex, if any of your t-ratios are greater than 2, then the likely cause is multicollinearity. Multiple regression models are used to assess.
OLS, or ordinary least squares, is a statistical method used to estimate the coefficients of a linear regression model that minimize the difference between the actual and predicted values of the dependent variable.
The goodness of fit of a regression model is determined by the R2 statistic, which indicates how well the model explains the variation in the dependent variable. Meanwhile, t-ratios are used to evaluate the statistical significance of each independent variable in the model.
To know more about estimate visit:
https://brainly.com/question/30870295
#SPJ11
What type of public education initiatives has your organization implemented regarding fire prevention? Have you seen a positive fire reaction? If your organization has not implemented any, or if you are not in an organization, after reading the resources in this unit, what programs do you feel would have a positive impact if your organization implemented them?
I don't have an organization, so I haven't implemented any initiatives. Fire safety education programs would be impactful.
However, I can provide you with some examples of public education initiatives that organizations or communities have implemented in the past to promote fire prevention.
Fire Safety Education Programs: Organizations often develop educational programs aimed at teaching people about fire safety practices, including the proper use of fire extinguishers, evacuation procedures, and the importance of smoke alarms.Community Workshops and Seminars: Conducting workshops and seminars in schools, community centers, or workplaces can help raise awareness about fire prevention measures.These sessions can cover topics such as identifying fire hazards, developing escape plans, and practicing fire drills.
Awareness Campaigns: Public awareness campaigns utilize various channels such as television, radio, social media, and printed materials to disseminate fire safety information.These campaigns often include messages on the importance of fire prevention, safe cooking practices, electrical safety, and the dangers of smoking indoors.
Home Safety Assessments: Organizations may offer home safety assessments where trained professionals visit residences and provide recommendations for fire safety improvements.This could involve checking smoke detectors, identifying potential hazards, and offering advice on fire extinguisher placement.
Implementing these types of programs can have a positive impact by increasing knowledge and awareness about fire prevention measures. By educating the public, promoting safe practices, and fostering a culture of fire safety, communities can reduce the risk of fires and minimize their potential impact.
Learn more about Fire Prevention
brainly.com/question/29627302
#SPJ11
what is the first step in the traditional top-down marketing plan?
The first step in the traditional top-down marketing plan is to define the target market, followed by developing the marketing mix, budgeting, creating a timeline, and implementing the plan.
The first step in the traditional top-down marketing plan is to define the target market. In this plan, the target market is identified first, and then the marketing mix is developed based on the target market.
The top-down approach to marketing is where marketing executives come up with a plan for a product or service before testing it in the market. This approach often begins with a marketing strategy and works its way down to a specific plan or campaign. It assumes that the audience is homogeneous and that their needs are uniform, and that a mass market exists with similar needs and wants.
The following are the steps involved in a traditional top-down marketing plan:
1. Defining the target market: The target market is determined based on the product or service being offered, and it is essential to be specific and clear on what you are targeting.
2. Developing the marketing mix: After identifying the target market, the next step is to determine the marketing mix. It includes the four Ps - product, price, place, and promotion.
3. Developing a budget: Marketing efforts must be budgeted so that they are within the company's means and the limits of the marketing team and organization.
4. Creating a timeline: A timeline that outlines when each marketing element will be implemented is created.
5. Implementing the plan: Finally, the marketing plan is implemented. After the marketing campaign, its effectiveness is evaluated to determine whether it achieved its objectives and ROI.
Learn more about marketing plan here:
https://brainly.com/question/30893423
#SPJ11
(NEED ASAP WILL RATE HIGH)
Pedro Company has $37,000 of machinery being depreciated over 5 years. The estimated residual value is $8,400. After taking 2 years depreciation, Pedro realizes the equipment is clearly going to last another 4 years and the estimated residual value remains unchanged.
QUESTIONS:
Required 1: What depreciation expense will Pedro record in year 2 when using the straight line method? $
Required 2: What depreciation expense will Pedro record in year 3 when using the straight line method? $
Required 3: What depreciation expense will Pedro record in year 2 when using the declining balance method? $
Required 4: What depreciation expense will Pedro record in year 3 when using the declining balance method? $
Required 5: What depreciation expense will Pedro record in year 2 when using the double declining balance method? $
Required 6: What depreciation expense will Pedro record in year 3 when using the double declining balance method? $
Depreciation expense in year 2 and year 3 using the straight-line method $7,400 and $7,400 respectively. Depreciation expense in year 2 and year 3 using the declining balance method $11,200 and $6,720. Depreciation expense in year 2 and year 3 using the double declining balance method $14,800 and $8,880.
To calculate the depreciation expense using different methods, we need to consider the original cost of the machinery, the estimated residual value, and the useful life of the equipment.
1. Straight-line method: With an original cost of $37,000 and a useful life of 5 years, the annual depreciation expense is calculated by dividing the depreciable cost ($37,000 - $8,400) by the useful life. In year 2, the depreciation expense would be ($37,000 - $8,400) / 5 = $7,400.
2. The same calculation applies for year 3 using the straight-line method, resulting in a depreciation expense of $7,400.
3. Declining balance method: This method uses a fixed depreciation rate applied to the net book value of the asset each year. The depreciation rate is typically a multiple of the straight-line rate.
For example, if the declining balance rate is 2 times the straight-line rate, the depreciation expense in year 2 would be ($37,000 - accumulated depreciation from year 1) * 2.
4. For year 3 using the declining balance method, the same calculation applies, but the accumulated depreciation from year 2 is subtracted from the net book value.
5. Double declining balance method: This method also uses a fixed rate, typically double the straight-line rate. The depreciation expense in year 2 is calculated by applying the double declining balance rate to the net book value of the asset at the beginning of the year.
6. Similarly, for year 3 using the double declining balance method, the same calculation applies, but the accumulated depreciation from year 2 is subtracted from the net book value.
Learn more about Depreciation here :
https://brainly.com/question/8194979
#SPJ11
Ahmad just won a lawsuit against ABC Company, as he was the victim of a slip-and-fall outside of ABC's flagship store in Toronto. The injury caused Ahmad significant brain damage. ABC has been ordered by the court to settle the suit with an annuity contract. Which of the following annuities would be used in this case? o Prescribed life annuity o Non-prescribed life annuity o Impaired life annuity o Structured settlement annuity
An impaired life annuity is a type of annuity that is designed for people who have a shorter life expectancy due to a medical condition. In Ahmad's case, he has brain damage, which is a medical condition that can shorten his life expectancy. As a result, he would be eligible for an impaired life annuity.
An impaired life annuity works by paying out a stream of payments over the life of the annuitant. The payments are typically lower than what would be paid out under a standard life annuity, but they are guaranteed for the life of the annuitant. This can provide peace of mind for people who have a shorter life expectancy, as they know that they will have a steady stream of income for the rest of their lives.
In Ahmad's case, an impaired life annuity would provide him with a guaranteed source of income that he can use to cover his living expenses. This would be especially important if he is unable to work due to his brain damage.
Here are some of the benefits of an impaired life annuity:
1. Guaranteed income for life
2. Lower premiums than a standard life annuity
3. Tax-deferred growth
4. Flexibility to choose the payout option that best meets your needs
If you are considering an impaired life annuity, it is important to speak with a financial advisor to learn more about your options and to get a personalized quote.
To learn more about Tax-deferred growth click here : brainly.com/question/31143689
#SPJ11
Weiland, Incorporated, has 420,000 shares outstanding that sell for $92 per share. The company plans a 5-for-3 stock split. How many shares will be outstanding after the split? Multiple Choice 2,030,000 shares 280,000 shares 700,000 shares 3,360,000 shares 252,000 shares
Weiland, Incorporated, has 420,000 shares outstanding that sell for $92 per share. The company plans a 5-for-3 stock split.
How many shares will be outstanding after the split?Weiland, Incorporated's current shares outstanding are 420,000. If a 5-for-3 stock split is planned, the current number of outstanding shares will be multiplied by 5 and then divided by 3. This implies that, after the stock split, the number of shares outstanding will be 700,000 shares.
So, the answer is: 700,000 shares.What is a stock split?A stock split is a corporate action in which a firm divides its existing shares into numerous shares to boost the liquidity of the shares. This may be accomplished by increasing the number of outstanding shares, decreasing the share price, or both. The total value of the shares remains the same before and after a stock split. However, since the number of shares has increased, the stock's price per share decreases.
To Learn more about shares :
https://brainly.com/question/17487106
#SPJ11
2 ranchers use a grassland to feed their cows. The ranchers must choose how many cows to raise. The benefit of raising a cow for a rancher is 100-5G per cow, where G is the total quantity of cows using the grassland. The marginal cost of raising a cow is 10. Hence, the net benefit of raising cows for any rancher is (100 - 5G)g - 10g, where g is the quantity of cows raised by the rancher. What is the social optimum quantity of cows using the grassland? A) 11 B) 10 C) 9 D) 8
According to the given information, the benefit of raising a cow for a rancher is 100-5G per cow, where G is the total quantity of cows using the grassland.
The marginal cost of raising a cow is 10. Hence, the net benefit of raising cows for any rancher is[tex](100 - 5G)g - 10g,[/tex]where g is the quantity of cows raised by the rancher. The social optimum quantity of cows using the grassland can be determined by setting the net benefit of raising cows equal to each other.
This implies [tex](100 - 5G)g - 10g = (100 - 5G)(G - g) - 10(G - g).[/tex]Simplifying the expression, we get 90g - 15Gg = 90G - 95Gg, which can further be simplified as[tex]95Gg - 105g = 0.(19/21)G = g.[/tex]This means the social optimum quantity of cows using the grassland is given by (19/21)G. Since G > 0.
To know more about grassland visit:
https://brainly.com/question/33274307
#SPJ11
