which inventor founded the general electric company in 1892?

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Answer 1

The inventor who founded the General Electric Company in 1892 is Thomas Edison.

Edison is best known for his invention of the electric lightbulb, which changed the way people light their homes and businesses. But, that was not the only invention he made.Edison made contributions to other fields as well, including the telegraph and the phonograph. He was a prolific inventor, holding more than 1,000 patents for his inventions. In 1889, he merged his Edison General Electric Company with another firm to create the new company, General Electric. This company became one of the most successful electric companies in the world.In summary, General Electric was founded by Thomas Edison in 1892. Edison was a prolific inventor and contributed to many fields, including the electric lightbulb, telegraph, and phonograph. His inventions have had a lasting impact on society and technology.

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Related Questions

Choose whether each item below is reported in:

the statement of financial position

profit or loss in the statement of profit or loss and other comprehensive income

other comprehensive income in the statement of profit or loss and other comprehensive income

the statement of changes in equity

the notes to the financial statements.

Non-adjusting events …

Transfer from asset revaluation surplus to retained earnings …

Finance costs …

Deferred tax asset …

Gain on revaluation of equipment - OCI …

Answers

Non-adjusting events and Finance costs are reported in Profit or loss in the statement of profit or loss and other comprehensive income. Transfer from asset revaluation surplus to retained earnings is reported in the statement of changes in equity.

Deferred tax asset is reported in the statement of financial position. Gain on revaluation of equipment - OCI is reported in other comprehensive income in the statement of profit or loss and other comprehensive income. Statement of financial position:

The statement of financial position shows the financial position of the business at a given point in time. Profit or loss in the statement of profit or loss and other comprehensive income: The profit and loss statement presents a business's earnings, losses, and expenses over a given period of time (such as a quarter or year).Other comprehensive income in the statement of profit or loss and other comprehensive income:

Other comprehensive income consists of income, gains, losses, and expenses that are not included in profit or loss. The statement of changes in equity: The statement of changes in equity provides a comprehensive summary of changes in equity over a certain period of time. Notes to the financial statements: The notes to the financial statements offer additional detail on the data contained in the financial statements.

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For the major report, you must select ONE of these industry categories. You then select ONE company operating in this industry. I encourage you to consider a company operating in Australia.
You research the macro forces which may affect the industry and also any micro forces pertinent to the company.
Analyse the industry and company in terms of macro and micro forces.
You can select some macro or specific micro forces may be more relevant to YOUR industry and YOUR company.
Look at whether the company is responding to these or anticipating these changes. You can conclude and give a recommendation/s on what the company needs to do based on your earlier report and research.
CHOOSEN CATEGORY: PET FOOD (DOG FOOD)
You can elect to do one element WITHIN a category for instance dog food only with the pet food option. While some macro forces may be global, do not try to cover different activities of the company in different countries, this is too complex. Just focus on the ONE country in this case Australia.
The focus on this assignment if you view the marking guidelines - relates to determining through research the major forces affecting the category or industry, and any micro elements specific to the company. You can then analyse if the company is responding to these forces - in some instances the company may already have adjusted and taken into account these elements. In some instances, you may perceive the company has under-estimated or not accounted for these forces in its behaviour. It is best to analyse the last year or two - do not be going back five years as things change too much.
You finish off after the conclusion with some recommendations. It may be the company should continue responding as it has; it may be the company needs to address an issue you have highlighted.
NEED INFOMATION REGARDING THESE HEADINGS:
Industry overview
Key macro forces
Overview of key micro forces that affect the company
What the company is doing to respond and anticipate these micro forces
Conclusion
Recommendations what the company could do better or may need to adresss

Answers

Industry overview: The pet food industry in Australia has experienced significant growth in recent years due to increasing pet ownership and the growing trend of pet owners treating their pets as family members.

The demand for pet food, particularly dog food, has been driven by factors such as rising disposable incomes, urbanization, and a shift towards premium and organic pet food options. The industry is highly competitive, with both domestic and international players vying for market share.

Key macro forces: Economic factors: Changes in consumer spending patterns, inflation rates, and economic conditions can impact the demand for pet food products.

Demographic factors: The size and composition of the pet-owning population, as well as trends in pet ownership and pet humanization, play a significant role in shaping the industry.

Regulatory environment: Compliance with food safety regulations, labeling requirements, and animal welfare standards are crucial for companies operating in the pet food industry.

Environmental factors: Increasing awareness of sustainability and eco-friendly practices may influence consumer preferences for pet food products.

Overview of key micro forces affecting the company: Competitive landscape: The company faces competition from both established players and new entrants offering a range of dog food products.

Consumer preferences: Changing consumer preferences towards natural, organic, and premium pet food products may impact the company's product portfolio and marketing strategies.

Distribution channels: The company's distribution network and relationships with retailers, online platforms, and veterinary clinics influence its market reach and sales.

What the company is doing to respond and anticipate these micro forces: The company has been proactive in addressing changing consumer preferences by introducing new product lines that cater to natural and organic dog food options. It has also invested in marketing campaigns highlighting the nutritional benefits of its products and leveraging social media platforms to engage with pet owners. Additionally, the company has collaborated with key distribution partners to expand its reach and ensure availability across various channels.

Conclusion: The company has demonstrated a good understanding of the micro forces impacting the industry and has taken steps to respond to these changes. Its focus on product innovation, marketing, and distribution partnerships aligns with evolving consumer preferences.

Recommendations: To further enhance its position in the market, the company could consider:

Conducting regular market research to stay updated on emerging trends and consumer preferences.

Exploring opportunities for partnerships with veterinary clinics and pet care professionals to strengthen its credibility and reach.

Investing in sustainable packaging and environmentally friendly practices to align with the growing demand for eco-conscious pet food products.

Continuously monitoring and adapting its product portfolio to meet changing consumer demands and preferences.

Leveraging digital marketing strategies and e-commerce platforms to expand its online presence and reach a wider customer base.

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ILLUSTRATION 28. Jhin Trading Co. Ltd. has an authorised Capital of $ 8,0 10.000 6% Preference Shares of $ 10 each; 20.000 7% Preference Shares of $ 10 each; and 15.000 Equity Shares of $ 10 each. On January 1, 2007, the whole of the two classes of preference shares and 15,000 of the equity shares stood in the books as fully paid. The securities premium account as on that date showed a balance of $ 20,000. The balance of profit was $ 32,000. On July 1, 2007 it was decided to deem the whole of 6% preference shares at a premium of $ 1 per share and for this specific purpose, the company issued for cash 8,000 equity shares of $. 10 each at a premium of $ 2 per share, payable full on allotment. All the above shares were taken up. The cost of issue of shares amounted to $3,000. On October 1 the company issued to existing shareholders one bonus share of $. 10 fully paid for each five shares held. It is the intention of the directors that minimum reduction should be made in revenue reserve account which stood at $. 1,25,000. Give necessary Journal entries.

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Authorized capital of $ 8,0 10,000 consists of the following:6% Preference Shares of $ 10 each20,000 7% Preference Shares of $ 10 each 15,000 Equity Shares of $ 10 each.

On January 1, 2007, the two classes of preference shares and 15,000 of the equity shares stood in the books as fully paid.Balance of profit on that date was $ 32,000.The securities premium account on that date showed a balance of $ 20,000.On July 1, 2007, it was decided to deem the whole of 6% preference shares at a premium of $ 1 per share.8,000 equity shares of $.

10 each were issued at a premium of $ 2 per share. Cost of issue of shares amounted to $3,000.On October 1, 2007, the company issued to existing shareholders one bonus share of $. 10 fully paid for each five shares held.The revenue reserve account stood at $. 1,25,000.It is the intention of the directors that the minimum reduction should be made in the revenue reserve account.

Journal Entries are as follows:On January 1, 2007:(a) Entry for issue of 20,000 7% Preference Shares of $ 10 each with a premium of $ 1 per share to bring the total amount of preference shares at par: Authorized Capital A/c Dr. $ 20,000To 20,000 7% Pref. Shares A/c $ 2,00,000To Securities Premium A/c $ 20,000

(b) Entry for issue of 6% Preference Shares of $ 10 each fully paid: Authorized Capital A/c Dr. $ 6,00,000To 6% Pref. Shares A/c $ 6,00,000

(c) Entry for issue of 15,000 Equity Shares of $ 10 each fully paid:Authorized Capital A/c Dr. $ 1,50,000To Equity Shares A/c $ 1,50,000

(d) Entry for Profit:Profit and Loss A/c Dr. $ 32,000

To Balance Carried Down $ 32,000On July 1, 2007:

(e) Entry for the issue of 6% Preference Shares at a premium of $ 1 per share: 6% Pref. Shares A/c Dr. $ 60,000To Securities Premium A/c $ 60,000(f) Entry for the issue of Equity Shares:Bank A/c Dr. $ 96,000To Equity Shares A/c $ 80,000To Securities Premium A/c $ 16,000Cost of issue $ 3,000 to be shown as deduction from Securities Premium A/cOn October 1, 2007:

(g) Entry for Bonus Issue: Bonus Shares A/c Dr. $ 3,000To Equity Shares A/c $ 3,000

(h) Entry for transfer of revenue reserve account: Balance Carried Down Dr. $ 1,25,000

To Revenue Reserve A/c $ 1,25,000

(i) Entry for reduction in securities premium account: Security Premium A/c Dr. $ 3,000

To Balance Carried Down $ 3,000

Note: Balance Carried Down indicates the transfer of balance from one accounting year to the next year. The Balance Carried Down is shown on the credit side of the Profit and Loss account and the debit side of the Balance Sheet.

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Market equilibrium exists when O a. No incentive for prices to change b. No shortage or surplus exists O c. All of the above d. O e. Price is discovered Demand and supply curves intersect

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Market equilibrium exists when the demand and supply curves intersect and there is no incentive for prices to change. It is the state of balance in the market where there is no excess supply or excess demand.

The price at which the demand and supply curve intersect is the equilibrium price.In an economy, a market equilibrium is one of the most significant features that help in the allocation of resources, prices, and quantities.

The concept of equilibrium can be established in both the short and long term. This condition allows the market to adjust the supply and demand curves to reach a common price level that satisfies both the buyers and sellers.

The demand and supply curves intersect at the equilibrium price and quantity, and this intersection point is called the equilibrium point.

At this point, there is no shortage or surplus in the market, and the market clears. The price of goods and services in the market is discovered as per the demand and supply.

The equilibrium price, in fact, works as an indicator that signifies the price at which there is no shortage or surplus of goods.

If the prices are too high, then buyers would not buy, and if prices are too low, then sellers would not sell. Thus, in both the cases, a condition of excess supply or demand will arise.

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After all expenses have been subtracted from revenues on an income statement, the final figure or bottom line is called the _____ when it is a positive number.

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After all expenses have been subtracted from revenues on an income statement, the final figure or bottom line is called the "profit" when it is a positive number.

The profit is the money that is earned from the operation of a company after all costs, expenses, and taxes have been paid. It is the difference between revenue and expenses, with revenue being the amount of money brought in by the company and expenses being the costs incurred in generating that revenue. Profit is considered a positive number when the revenue earned is higher than the costs incurred.

Expenses are the costs incurred by a company to produce goods or services. These costs are subtracted from the revenue earned to determine the profit or loss for the company. Examples of expenses include rent, utilities, salaries and wages, and the cost of raw materials.Bottom lineThe bottom line is the final figure or result on an income statement, which shows the company's net profit or loss for the period being reported. It is called the bottom line because it appears at the end of the income statement and represents the final figure after all revenues and expenses have been accounted for.

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the maximum interest rate a lender can charge under an arm is called what?

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The maximum interest rate a lender can charge under an ARM is called the lifetime cap. When it comes to an adjustable-rate mortgage (ARM), the interest rate on your loan can fluctuate over time.

Lenders usually use an index to determine how much the rate will change at each adjustment, and then add a margin to that index rate. ARM loans have rate caps, which are limits on how much the interest rate can change during the life of the loan.There are three types of rate caps: initial, periodic, and lifetime. The initial rate cap limits how much the rate can change on the first adjustment, while the periodic rate cap limits how much it can change on subsequent adjustments. Finally, the lifetime cap limits how much the rate can increase over the life of the loan.The lifetime cap is the maximum interest rate a lender can charge under an ARM. It is typically a high percentage rate, but it ensures that the borrower's monthly payment will not become too expensive to afford, which is one of the advantages of an ARM. As a result, it is critical to understand the lifetime cap on an ARM when evaluating mortgage options.

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strategic plan business memo to covince a CEO to purchase JC
PENNEY that is out of business. (please do analysis)

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The strategic plan business memo aims to convince the CEO to consider purchasing JCPenney, despite being out of business.

I am writing this strategic plan business memo to present a compelling case for the acquisition of JC Penney, despite its current status as an out-of-business company. While it may seem unconventional to consider acquiring a company that has faced significant challenges, this strategic move can provide numerous benefits and strategic opportunities for our organization.

Firstly, acquiring JCPenney would give us access to an established brand with a rich history and a loyal customer base. By leveraging this brand equity, we can tap into a vast market segment and expand our customer reach. Additionally, we would gain valuable physical retail locations, which can serve as strategic assets for future initiatives such as experiential retail concepts or omnichannel strategies.

Furthermore, acquiring JCPenney would provide us with a valuable opportunity to acquire their assets at a favorable cost. This includes their inventory, real estate holdings, and potentially even their intellectual property. We can unlock significant value and generate new revenue streams by repurposing or revitalizing these assets.

In conclusion, acquiring JCPenney presents a unique strategic opportunity for our organization. It allows us to leverage an established brand, gain valuable physical assets, and unlock potential value. By carefully considering this acquisition and implementing a well-defined integration plan, we can position ourselves for long-term growth and success.

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Holding everything else constant, if the government engages in deficit spending during an economic expansion:
A) government savings will increase
B) the equilibrium interest rate in the loanable funds market will rise
C) the equilibrium interest rate in the loanable funds market will fall.
D) private investment spending will increase

Answers

Deficit spending refers to when the government spends more money than they receive from taxes. Holding everything else constant, if the government engages in deficit spending during an economic expansion, the equilibrium interest rate in the loanable funds market will fall.

Private investment spending will increase. Deficit spending during economic expansion Deficit spending means the government is incurring debt. It's necessary to note that the government might deficit spend during periods of economic expansion if they think it will assist in sustaining the growth in the long run. Holding everything else constant means that the factors of loanable funds market other than government spending, inflation rate, and the position of the business cycle are the same.

In effect, higher deficit spending increases the supply of loanable funds. As a result, it leads to the reduction of the interest rate because more funds are available for borrowers in the market. Private investment spending will also increase since people will be willing to borrow and invest in their businesses .Moreover, the equilibrium interest rate in the loanable funds market will fall.

Therefore, holding everything else constant, if the government engages in deficit spending during an economic expansion, the equilibrium interest rate in the loanable funds market will fall, and private investment spending will increase.

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Question 13 In consumer choice theory, when economists refer to the happiness, satisfaction, or pleasure derived from a purchase, they use the term O avail O advantage
O consumer benefit O utility Question 14 Marginal Utility is the O extra satisfaction received from consuming one more unit of a product. O total satisfaction received from consuming a given number of units a product. O average satisfaction received from consuming a product. O satisfaction received when consumers have had enough of a product.

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Question 13:In consumer choice theory, when economists refer to the happiness, satisfaction, or pleasure derived from a purchase, they use the term utility.The term utility is used by economists when they refer to the happiness, satisfaction, or pleasure derived from a purchase.

It is the satisfaction or the usefulness that a consumer derives from consuming a good or service. It measures the level of satisfaction that a consumer derives from the consumption of a good or service.

Marginal Utility is the extra satisfaction received from consuming one more unit of a product.Marginal Utility refers to the additional satisfaction or usefulness that a consumer derives from consuming one more unit of a product.

It is the change in total utility or satisfaction that a consumer derives from consuming one more unit of a good or service.

In other words, it measures the additional satisfaction that a consumer gains from consuming one more unit of a good or service.

Marginal Utility can be positive, negative, or zero. It is positive when the additional unit consumed increases the total utility, negative when the additional unit consumed decreases the total utility, and zero when the additional unit consumed does not change the total utility.

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Let if be a risk-free rate of 2% denominated in U.S dollars. Let i, be a promised interest rate on Greek bonds of 20%. With a probability of 0.5, the greek government defaults next period, which gives a return ia of -10%. (1) What is the expected return on Greek bonds, assuming that Greek bonds are U.S dollar denominated. (2) What is the sovereign spread of Greek bonds? (3) What is the risk-premium of Greek bonds ?

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(1) To calculate the expected return on Greek bonds, we need to consider the returns based on their respective probabilities.

The expected return (ER) can be calculated using the following formula:

ER = Probability1 * Return1 + Probability2 * Return2

In this case, we have two possible returns:

Return1: ia = -10% (if the Greek government defaults)

Return2: i = 20% (if the Greek government does not default)

The respective probabilities are:

Probability1: 0.5 (default probability)

Probability2: 1 - Probability1 = 0.5 (non-default probability)

Using the formula, we can calculate the expected return as follows:

ER = (0.5 * (-10%)) + (0.5 * 20%)

= (-5%) + (10%)

= 5%

Therefore, the expected return on Greek bonds, assuming they are U.S dollar denominated, is 5%.

(2) The sovereign spread of Greek bonds represents the additional yield or interest rate premium investors demand to hold Greek bonds compared to risk-free U.S dollar-denominated bonds. It reflects the perceived credit risk associated with Greek bonds.

To calculate the sovereign spread, we subtract the risk-free rate from the promised interest rate on Greek bonds:

Sovereign Spread = i - if

= 20% - 2%

= 18%

Therefore, the sovereign spread of Greek bonds is 18%.

(3) The risk premium of Greek bonds represents the compensation investors receive for bearing the additional risk associated with holding Greek bonds compared to risk-free U.S dollar-denominated bonds. It reflects the excess return earned above the risk-free rate.

To calculate the risk premium, we subtract the risk-free rate from the expected return on Greek bonds:

Risk Premium = ER - if

= 5% - 2%

= 3%

Therefore, the risk premium of Greek bonds is 3%.

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Most economist agree that individual labor supply between $40 and $80 and hour is O cyclical. inelastic. O fixed in place. O elastic.

Answers

Option (b), Individual labor supply between $40 and $80 an hour is inelastic.

The term inelastic refers to the amount of demand or supply when there is no significant effect on the quantity when the price of a product or service changes. So, when individual labor supply is inelastic, it means that there is no change in the amount of labor supply if the wages increase or decrease in the market. Hence, the statement that "individual labor supply between $40 and $80 an hour is inelastic" is a fact that most economists agree with.

The other options that were provided as answer choices are not correct. If the labor supply were cyclical, it would have fluctuated with business cycles. If the labor supply were fixed in place, then it would not have changed even when the market wage rate increases. If the labor supply were elastic, then any small change in the wage rate would lead to a significant change in the quantity of labor supplied, which is not the case with an inelastic labor supply.

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McQuade was the manager of the New York Giants baseball team. McQuade and John McGraw purchased shares in the National Exhibition Co., the corporation that owned the Giants, from Charles Stoneham, who owned a majority of National Exhibition’s stock. As part of the transaction, each of the three agreed to use his best efforts to ensure that the others continued as directors and officers of the organization. Stoneham and McGraw, however, subsequently failed to use their best efforts to ensure that McQuade continued as the treasurer and a director of the corporation, and McQuade sued to compel specific performance of the agreement.

Is it ethical to put the business judgment of the directors ahead of an otherwise valid promise they made?

How can directors perform the tasks dictated to them if their judgment is constrained by earlier agreements with some of the shareholders?

Answers

The ethical dilemma arises when directors prioritize their business judgment over valid promises made in a contractual agreement.

Ethically, directors have a fiduciary duty to act in the best interests of the corporation and its shareholders. While contractual agreements, such as the one between McQuade, Stoneham, and McGraw, are important and should be upheld, the directors must also consider the long-term well-being of the corporation.

This means that directors should have the freedom to exercise their business judgment and make decisions that they believe are in the best interests of the company, even if it means deviating from earlier agreements.

Directors play a crucial role in managing and overseeing the operations of the corporation, and their decisions should be based on their expertise and assessment of the company's needs and circumstances. If their judgment is constrained by prior agreements, it may limit their ability to make decisions that are in the best interests of the corporation. This can hinder their effectiveness in performing their tasks and fulfilling their fiduciary duties.

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Consider two firms engaging in sequential Stackelberg competition. Suppose firm 1 decides its quantity x₁ first and firms 2 follows after observing X₁. The demand function of the market is x(p) = 100 -0.1p and the cost function for both firms is c(x) = FC + 5x² a. Suppose first that FC = 0. Derive firm 2's best response function to observing firm 1's output level x₁. b. What output level will firm 1 choose? c. What output level does that imply firm 2 will choose? d. What is the equilibrium Stackelberg price? e. Now suppose FC is not zero. What is the lowest FC at which firm 1 does not have to engage in strategic entry deterrence in order to keep firm 2 out of the market?

Answers

a. To derive firm 2's best response function, we need to find the profit-maximizing quantity for firm 2 given firm 1's output level, x₁. The profit function for firm 2 is given by:

π₂(x₂) = (100 - 0.1(p(x₁, x₂))) * x₂ - c(x₂)

First, let's find the price as a function of x₁ and x₂. The market demand function is given by x(p) = 100 - 0.1p. Rearranging this equation, we can solve for p:

p(x) = 1000 - 10x

Substituting x₁ and x₂ into the price equation, we have:

p(x₁, x₂) = 1000 - 10x₁ - 10x₂

Now we can write firm 2's profit function as:

π₂(x₂) = (100 - 0.1(1000 - 10x₁ - 10x₂)) * x₂ - c(x₂)

To find the best response, we maximize this profit function with respect to x₂. Take the derivative of π₂(x₂) with respect to x₂ and set it equal to zero to find the maximum:

dπ₂(x₂)/dx₂ = (100 - 0.1(1000 - 10x₁ - 10x₂)) - 0.1x₂ = 0

100 - 0.1(1000 - 10x₁ - 10x₂) - 0.1x₂ = 0

100 - 100 + x₁ + 2x₂ - 0.1x₂ = 0

x₁ + 1.9x₂ = 0.1x₂

x₁ = -0.9x₂

Therefore, firm 2's best response function is:

x₂ = -0.526x₁

b. Firm 1, being the leader, will choose the quantity that maximizes its own profit. Since there is no fixed cost (FC = 0), firm 1's profit-maximizing quantity is where marginal cost equals marginal revenue. The marginal cost is given by the derivative of the cost function:

MC = d(c(x₁))/dx₁ = d(5x₁²)/dx₁ = 10x₁

The market price can be found by substituting firm 1's quantity into the demand function:

p = 100 - 0.1x₁

Setting marginal cost equal to marginal revenue:

MC = MR

10x₁ = 0.1(100 - 0.1x₁)

10x₁ = 10 - 0.01x₁

10.01x₁ = 10

x₁ = 1

Therefore, firm 1 will choose an output level of x₁ = 1.

c. Firm 2's output level is determined by firm 1's choice. Substituting x₁ = 1 into the best response function:

x₂ = -0.526(1)

x₂ = -0.526

Therefore, firm 2 will choose an output level of x₂ = -0.526.

d. The equilibrium Stackelberg price can be found by substituting the output levels of both firms into the demand function:

p = 100 - 0.1x

p = 100 - 0.1(1 + (-0.526))

p = 100 - 0.1 + 0.0526

p = 99.9526

Therefore, the equilibrium Stackelberg price is approximately $99.95.

e. To find the lowest FC at which firm 1 does not have to engage in strategic entry deterrence, we need to consider the case where firm 2's best response is to not enter the market. In this case, firm 2's quantity would be zero.

Substituting x₂ = 0 into firm 1's best response function: x₁ = -0.9(0)

x₁ = 0

Therefore, firm 1 does not have to engage in strategic entry deterrence (keep firm 2 out of the market) when its quantity is zero.

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English question

what is circular reasoning fallacy. Please give at least 4 simple examples.

Please explain each example by mentioning how this fallacy relate to each examples.

Please do not forget to mention the role of this fallacy in each example.

Thank you so much

Answers

Circular reasoning fallacy is a logical fallacy in which the argument assumes what it is trying to prove. This fallacy is also called begging the question, circular logic, or circular argument.

The argument may seem valid, but it doesn't provide any new information to support the claim.Here are four simple examples of circular reasoning fallacy:1. "I am a genius because I am extremely intelligent."Role: This argument assumes that being extremely intelligent makes someone a genius, and being a genius is due to being extremely intelligent.2. "This book is popular because it is the bestseller."Role: This argument assumes that the book is popular because it is a bestseller, and the book is a bestseller because it is popular.3. "God exists because the Bible says so, and the Bible is true because it is the word of God."Role: This argument assumes that the Bible is true because God says so, and God exists because the Bible says so.4. "Paranormal activity is real because I have experienced what can only be described as paranormal activity."

Role: This argument assumes that the paranormal activity is real because the person has experienced it, and the person has experienced paranormal activity because it is real.

The role of circular reasoning in each example is that the argument is based on a premise that has already been assumed to be true without providing any new information to support it. It is a fallacy because it doesn't prove or support anything, and it only perpetuates the belief that was already held by the person making the argument.

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Explain how information systems in supply chains create competitive advantages for organizations.

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Information systems in supply chains can create competitive advantages for organizations by enhancing efficiency, improving decision-making, and enabling effective coordination among various stakeholders.

These systems provide real-time visibility into inventory levels, production processes, and customer demands, enabling organizations to optimize their operations and reduce costs.

By analyzing data from these systems, organizations can identify patterns, trends, and opportunities for improvement, leading to better strategic planning and resource allocation. Moreover, information systems facilitate collaboration and information sharing among supply chain partners, fostering seamless communication and coordination. This integration leads to faster response times, improved customer service, and a streamlined supply chain, giving organizations a competitive edge in terms of agility, responsiveness, and overall performance.

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Bahrain Company makes snow blowers. It has two departments that process all products: Assembly and testing. The following dlats pertain to the Assebly depunet. Direct materials are added at the beginning of the process and conversion costs are uniformly incurred. The degree of completion of conversion follow At the beginning of September, work in process is 40% complete and at the end of the mooth work in process is not complete. Other data for the months incloe Beginning work in process inventory 3,200 units Units started 4,000 units Units completed 6,400 units Ending work-in-process inventory $400,000 Conversion costs for September $520,000 Direct materials cost for September Beginning work-in-process costs: Materials $308,000 Conversion $164,160 ASUS VivoBook Remaining Time: 1 heur, 45 minutes, 55 seconds. Question Completion Status 105 Question 12 11 12 points Bahrain Company makes snow blowers. It has two departments that process all productic Assembly and Leining. The following data pertain to Amy departe. Direct materials are added at the beginning of the process and conversion costs are unifamily incered. The degree of completion of comes fellows At the beginning of September, work in process is 40% complete and at the end of the month work in process is 60% complete. Other data for the south incl Beginning work-in-process inventory 3.200 units 4,000 units Units started Units completed 6,400 units Ending work-in-process inventory Conversion costs for September $400.000 Direct materials cost for September $520,000 Beginning work-in-process costs: Materials $308,000 Conversion $164,160 ASUS VivoBook $164,160 Required: a) Prepare a production cost schedule for the Assembly Department at the end of September using the weighted average method of process conting (maks) b) Prepare the necessary journal entries

Answers

a)  Equivalent units of production for direct materials = (3,200 units + 4,000 units) x 100%. Hence, Equivalent units of production for direct materials = 7,200 units Equivalent Units of Production for Direct Materials: Beginning work-in-process units: 3,200 units (40% complete),Units started: 4,000 units ,Total units accounted for: 7,200 units.

Equivalent units of production for direct materials = (Beginning work-in-process units + Units started) x Percentage of completion. Equivalent Units of Production for Conversion Costs: Beginning work-in-process units: 3,200 units (40% complete), Units started: 4,000 units ,Total units accounted for: 7,200 units. Equivalent units of production for conversion costs = (Beginning work-in-process units + Units started) x Percentage of completion. Equivalent units of production for conversion costs = (3,200 units + 4,000 units) x 100%. Hene, Equivalent units of production for conversion costs = 7,200 units .

Production Cost Schedule for the Assembly Department - Weighted Average Method:

                               Direct Materials   Conversion Costs

Equivalent Units of Production       7,200               7,200

Cost per Equivalent Unit

Beginning work-in-process costs:

 Materials                        $308,000           $164,160

 Conversion                       $164,160           $164,160

Cost per equivalent unit = (Beginning work-in-process costs / Equivalent units of production)

Cost per equivalent unit (Materials) = $308,000 / 7,200 units ,Cost per equivalent unit (Conversion) = $164,160 / 7,200 units. Total Costs Incurred Direct materials cost for September = $520,000,

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What is the first year in which a single taxpayer, age 48 in 2016, could receive a qualified distribution from a Roth IRA, if he made a $5,000 contribution to the Roth IRA on April 1, 2016, for the tax year 2015?
a. 2018
b. 2019
c. 2020
d. 2028

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The correct answer is 2019.A qualified distribution is a withdrawal from an IRA that is free of any penalty or tax. To be considered qualified, the distribution must occur after the IRA owner reaches the age of 59 ½ and the IRA has been open for at least five years.

As per the information given in the question:A single taxpayer, age 48 in 2016, made a $5,000 contribution to the Roth IRA on April 1, 2016, for the tax year 2015.The first year in which the taxpayer could receive a qualified distribution from a Roth IRA is 2019.It's because by April 15, 2016, the taxpayer would have filed his 2015 tax return, making the contribution to the Roth IRA count toward 2015. As a result, 2015 is considered the first year in which the taxpayer made the Roth IRA contribution.

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The correct answer is option A) 2018. A Roth IRA is a retirement savings account that allows your money to grow tax-free. Roth IRAs differ from traditional IRAs in that contributions are made with after-tax dollars, and qualified withdrawals are tax-free.

Therefore, Roth IRA contributions are made with money that has already been taxed, so the contributions themselves are not tax-deductible. Instead, earnings on Roth contributions grow tax-free, and qualified withdrawals can be made tax-free as well. Qualified distribution is a tax-free and penalty-free withdrawal of earnings from a Roth IRA that occurs after 5 years of opening the account, and that satisfies any one of the following: The account owner is 59½ years old or older. The account owner is deceased, and the distribution is made to the beneficiary. The distribution is made to pay for qualified expenses. So, given that the single taxpayer is age 48 in 2016, if he made a $5,000 contribution to the Roth IRA on April 1, 2016, for the tax year 2015, then the first year in which he could receive a qualified distribution from a Roth IRA would be the

tax year 2015 + 5 years = 2020.

However, he also made a contribution on April 1, 2016, so he has to wait until

the tax year 2016 + 5 years = 2021 in order to receive a qualified distribution.

So, the first year in which a single taxpayer, age 48 in 2016, could receive a qualified distribution from a Roth IRA is 2021. Now, the question asks for the year in which he "could" receive a qualified distribution, but it does not specify when he "should" receive a qualified distribution. Therefore, it is possible for him to wait until the age of 59½ in order to receive a qualified distribution tax-free and penalty-free. However, if he needs the money before the age of 59½, he could still withdraw the contribution at any time tax-free and penalty-free, but he would have to pay taxes and penalties on any earnings.

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How useful are codes of conduct in helping managers make ethical decisions across culture?

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Codes of conduct can be useful tools in helping managers make ethical decisions across different cultures.

Here are a few reasons why:

1. Establishing common ethical standards: Codes of conduct provide a set of principles and guidelines that establish a common ethical framework for managers to follow. They outline expected behaviors and help managers navigate ethical dilemmas consistently, regardless of cultural differences.

2. Promoting awareness and understanding: Codes of conduct often address cultural sensitivities and provide guidance on how to navigate diverse cultural contexts. They raise awareness among managers about potential ethical challenges they may face when operating in different cultures and encourage them to approach situations with cultural understanding and respect.

3. Providing a reference point for decision-making: Codes of conduct serve as a reference point for managers when facing ethical dilemmas. They provide clarity on the organization's values, ethical standards, and expectations. Managers can refer to the code to guide their decision-making process and ensure that their actions align with the organization's ethical principles.

4. Facilitating dialogue and discussion: Codes of conduct can stimulate discussions and dialogue among managers from different cultural backgrounds. They provide a common language and framework for discussing ethical issues and help bridge cultural gaps by fostering understanding and mutual respect. Managers can share their perspectives, learn from each other, and collectively work towards ethical decision-making.

However, it's important to note that codes of conduct alone may not be sufficient in addressing all ethical challenges across cultures. They should be complemented by ongoing training, education, and open communication channels to ensure managers have a deep understanding of ethical considerations specific to different cultures. Additionally, organizations should foster a supportive culture that encourages ethical behavior and provides resources for managers to seek guidance and clarification when faced with complex ethical dilemmas.

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Assume a bond pays $1000 in one year and has an interest rate of 25%. Given this information, we know that the bond's price must be: $800.00 $750.00 $250. $583.33. $140.00

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Assuming a bond pays $1000 in one year and has an interest rate of 25% the bond's price must be - A) $800.00.

A bond paying $1000 in one year and with an interest rate of 25% indicates that the bond's price must be calculated by discounting the future cash flow to its present value.

Hence, the bond's price can be calculated using the present value formula, which is expressed as

P = FV / (1 + r)n

where: P = bond price

FV = future value of the bond, which is $1000

n = number of periods, which is 1

r = interest rate, which is 25% or 0.25

Substituting the values into the formula above:

P = $1000 / (1 + 0.25)1P

= $1000 / 1.25P

= $800

Therefore, the bond's price is $800.00.

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an example of a keystone firm within a business ecosystem is

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An example of a keystone firm within a business ecosystem is a company that holds significant influence and power, acting as a central player that impacts the operations and success of other firms in the ecosystem.

A keystone firm is a company that plays a critical role in a business ecosystem, often acting as a key enabler or driving force for the success of other firms within the ecosystem. This firm holds a central position and has a significant impact on the operations and dynamics of the entire ecosystem.

For example, in the technology industry, a keystone firm could be a dominant software platform that serves as a foundation for various applications and services developed by other firms. This platform creates an ecosystem where developers, app providers, and users rely on its infrastructure and tools. The keystone firm sets the standards, provides technical support, and attracts customers, which in turn drives the success and growth of the other firms operating within its ecosystem.

The influence of a keystone firm extends beyond its own operations, as it has the ability to shape market trends, set pricing structures, and dictate terms of engagement with other firms. Its strategic decisions and actions can have ripple effects throughout the entire ecosystem, making it a critical player that significantly impacts the success and sustainability of other businesses within the ecosystem.

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Explain why companies report negative net cash flows from investing activities. Should they be concerned about this situation? Include in your explanation the importance of other sources of cash flows and an example of a company with negative net cash flows from investing. (150 words)

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Companies report negative net cash flows from investing activities due to strategic investments for future growth, and they should not be concerned if they have other sources of cash flows or if these investments generate long-term value.

Companies report negative net cash flows from investing activities when they spend more on long-term assets such as property, plant, and equipment, and investments in other companies than they receive from selling them. This negative net cash flow can be due to strategic investments for future growth, such as research and development, mergers and acquisitions, or capital expenditures. Companies should not necessarily be concerned about this situation if they have other sources of cash flows, such as positive net cash flows from operating activities or financing activities that can fund their investments, or if these investments are expected to generate long-term value for the company.

For example, Amazon reported negative net cash flows from investing activities in 2020, primarily due to its investments in property and equipment, including the expansion of its fulfillment centers and data centers. However, Amazon also reported positive net cash flows from operating activities and financing activities, which helped fund these investments. These investments are expected to support the company's future growth and expansion, which is a key part of Amazon's business strategy.

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Question 1 (5 Marks) Durlio PPE SDN BHD, a melt blown fabric and mask manufacturer in Malaysia is planning to introduce their new products; a 4-ply face mask with multi-color and customized printing design and N95 rated respirator face masks to the market. As a business analyst, you are required to help the company to calculate the combination of quantity for both products to be produce and sell to get the maximum profit. The Linear Programming model is as follows: S = quantity of 4-ply face mask, T = quantity of N95 respiratory face masks Max Z = 6S + 4T subject to: 5S + 7T ≤ 35 (constraint equation for polypropylene material in meter) 2S + 5T ≤ 60 (constraint equation for labor in hours) S, T > 0 i.

What is the method that can be used to solve the above problem? (2 marks). ii. Develop a standardized linear programming model for the above problem (3 marks).

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The method used to solve the given problem is Linear Programming. The standardized linear programming model is developed to maximize profit based on the quantity of 4-ply face masks and N95 respiratory face masks produced and sold.

Linear Programming is the method employed to solve the problem at hand. It is a mathematical technique used to determine the best possible outcome in a situation with multiple constraints. The objective is to maximize profit by finding the optimal combination of quantities for the 4-ply face masks (S) and N95 respiratory face masks (T) produced and sold.

The standardized linear programming model for this problem is as follows:

Maximize Z = 6S + 4T

Subject to:

5S + 7T ≤ 35 (constraint equation for polypropylene material in meters)

2S + 5T ≤ 60 (constraint equation for labor in hours)

S, T > 0

The objective function (Z) represents the profit, which is maximized. The constraints represent the limitations on the availability of polypropylene material and labor. The inequalities ensure that the quantities of masks produced do not exceed the given constraints. To find the optimal solution, the linear programming model can be solved using various techniques such as the graphical method, simplex method, or software tools specifically designed for linear programming. The solution will provide the ideal quantities of 4-ply face masks and N95 respiratory face masks to be produced and sold in order to maximize profit while respecting the given constraints.

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a) If fixed costs are 15 and the variable costs are 22 per unit, (1) Write down expressions for total cost (TC), average cost (AC) and marginal cost (MC). (9 Marks) (ii) Find the value of Q which minimizes AC and verify that AC = MC at this point.

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Answer: MC = ΔTC/ΔQMC = 22

the value of Q that minimizes AC is approximately 23.32.

Given that the fixed costs are 15 and the variable costs are 22 per unit. Let us find the expressions for total cost (TC), average cost (AC) and marginal cost (MC).(i) Expressions for total cost (TC), average cost (AC) and marginal cost (MC):Total Cost (TC):It is the sum of the fixed cost and variable cost per unit. It can be expressed asTC = Fixed Cost + (Variable Cost x Quantity)

TC = 15 + 22Q

Average Cost (AC):It is the cost per unit and can be expressed as

AC = Total Cost/Quantity

AC = (15 + 22Q)/QAC = 15/Q + 22

Marginal Cost (MC):It is the additional cost of producing one more unit and can be expressed as

MC = ΔTC/ΔQMC = 22

(ii) To minimize the average cost (AC), we take the derivative of the average cost (AC) with respect to Q, equate it to zero, and find the value of Q that makes the derivative zero. We can use this value to show that the AC = MC at that point.Average Cost

(AC) = (15 + 22Q)/Q = 15/Q + 22

Differentiating AC with respect to Q:

AC = 15/Q + 22d(AC)/d

Q = -15/Q^2d(AC)/dQ + 22 = 0-15/Q^2 + 22 = 0-15 = -22Q^2Q^2 = 15/22Q = √(15/22)

We can substitute this value of Q into the expression for the marginal cost (MC) and the average cost (AC) and compare them.

MC = ΔTC/ΔQ = 22AC = 15/Q + 22 = 15/(√(15/22)) + 22 = 23.32

Since AC = MC at the point, we can conclude that the value of Q that minimizes AC is approximately 23.32.

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Robert $100 if Robert collects his mail and waters his yard while he is away. Robert does not respond, but collects John’s mail and waters John’s yard while John is away. Which of the following is applicable to a claim by Robert
to collect the $100?
A.Robert cannot collect because he is a minor who lacks legal capacity.
B.Robert cannot collect because this type of agreement must be in writing.
c. Robert cannot collect because he never communicated acceptance of the offer.
d.Robert can collect because he performed in accordance with the offer (and the offer called for performance and not communication of acceptance).

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Robert can collect the $100 because he has completed his part of the contract.

The answer is d. Robert can collect because he performed in accordance with the offer (and the offer called for performance and not communication of acceptance)

A claim by Robert to collect the $100 is applicable because Robert collected John’s mail and waters John’s yard while John was away.

Therefore, Robert performed in accordance with the offer, which stated that he would collect his mail and water his yard while he was away. Because Robert has completed the action mentioned in the offer, he can collect the $100, and it is a legally enforceable contract.

In addition, the contract does not require communication of acceptance because the content is loaded in the contract and Robert's performance signifies his acceptance of the offer.

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TRA Corp's 2021 income statement listed net sales of $14 million, EBIT of $7.5 million, net income of $5.4 million, and dividends of $2.5 million. The 2021 year-end balance sheet listed total debt of $58 million and equity of $32 million with 2.0 million shares outstanding. What is the corporation's ROA (Return on Assets)? O 5.9 percent 6.0 percent O 7.7 percent O 8.1 percent

Answers

The corporation's Return on Assets (ROA) is 8.1 percent.

ROA is calculated by dividing the net income by the average total assets. We can find the average total assets by taking the average of the beginning and ending total assets.

Net income = $5.4 million

Average Total Assets = [tex]\(\frac{\text{Beginning Total Assets} + \text{Ending Total Assets}}{2}\)[/tex]

To calculate the beginning and ending total assets, we need to consider the balance sheet information. However, the beginning total assets are not provided. Therefore, we will assume that the beginning and ending total assets are the same.

Total Debt = $58 million

Equity = $32 million

Total Assets = Total Debt + Equity

Total Assets = $58 million + $32 million = $90 million

Average Total Assets = [tex]\(\frac{90 million + 90 million}{2}\) = $90 million[/tex]

ROA = [tex]\(\left(\frac{\text{Net Income}}{\text{Average Total Assets}}\right) \times 100\)[/tex]

ROA = [tex]\(\left(\frac{$5.4 million}{$90 million}\right) \times 100\)) = 6 percent[/tex]

Therefore, the corporation's ROA is 6.0 percent.

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Suppose you recently sold your used car. Assume that no new production was involved in this transaction.
Wealth was created because the buyer's willingness to pay was (EQUAL TO GREATER THAN, LESS THAN) the value of your willingness to sell.
Suppose you sold the car for $26,000.
If the minimum price, or "bottom line," you would accept for the car is $15,000 and the most the buyer is willing to pay is $37,000, then the seller surplus is $______ and the buyer surplus is $______. The total surplus created by the transaction is $_______.

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The seller surplus is $11,000, and the buyer surplus is $11,000. The total surplus created by the transaction is $22,000.

Seller surplus refers to the difference between the price at which the seller is willing to sell the item and the actual selling price. In this case, the seller's willingness to sell the car was $15,000, and the car was sold for $26,000. Therefore, the seller surplus is $26,000 - $15,000 = $11,000.

Buyer surplus, on the other hand, represents the difference between the maximum price the buyer is willing to pay and the actual selling price. Here, the buyer's willingness to pay for the car was $37,000, but they only had to pay $26,000. Hence, the buyer surplus is $37,000 - $26,000 = $11,000.

Total surplus is the sum of seller surplus and buyer surplus, which in this case is $11,000 + $11,000 = $22,000. It represents the overall benefit gained by both the buyer and the seller from the transaction.

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How to calculate cash realizable value of the receivables if accounts receivable has credit balance?

CK Inc. had net sales in 2020 of $800,000. At Dec. 31, 2020, the following information was listed which was about the balances in selected accounts before adjusting entries:

Accounts receivable credit balance: $150, 000

Allowance for doubtful accounts debit balance: $1,500

Estimated uncollectable receivable: 2% of net sales

Q1. At Dec. 31, 2020, on the CK Inc.’s statement of financial position, what is the cash realizable value of the receivables?

Answers

At December 31, 2020, the cash realizable value of receivables for CK Inc. would be $748,500. This value is obtained by subtracting the credit balance of accounts receivable ($150,000) and the debit balance of the allowance for doubtful accounts ($1,500) from the net sales ($800,000).

The cash realizable value of receivables represents the amount CK Inc. expects to collect from its customers after accounting for estimated uncollectible receivables. In this case, the estimated uncollectible receivable is determined as 2% of net sales, which amounts to $16,000. To calculate the cash realizable value, the credit balance of accounts receivable and the debit balance of the allowance for doubtful accounts are subtracted from the net sales. This adjustment reflects the amount that is realistically expected to be collected in cash, providing a more accurate representation of CK Inc.'s financial position. Therefore, the cash realizable value of the receivables at December 31, 2020, is $748,500.

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The most accepted method for classifying consumer goods and services is based on consumer buying behavior. This method divides consumer goods and services into four general categories: convenience, shopping, specialty, and unsought. This exercise provides some general examples of products found in each category. Select the most appropriate category for each good or service listed. 1. Appliances convenience shopping specialty unsought 2. Automobile battery jumpstart services convenience shopping specialty unsought 3. Cemetery plots convenience shopping specialty unsought 4. Clothes convenience shopping specialty 5. Expensive wine convenience shopping specialty unsought 6. Gas convenience shopping specialty unsought 7. Jewelry convenience shopping specialty unsought 8. Milk convenience shopping specialty unsought

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1. Appliances – Convenience2. Automobile battery jumpstart services – Unsought3. Cemetery plots – Unsought4. Clothes – Shopping5. Expensive wine – Specialty6. Gas – Convenience7. Jewelry – Specialty8. Milk – Convenience. Consumer goods and services are classified into four general categories based on consumer buying behavior, which is the most widely accepted method.

The four categories are convenience, shopping, specialty, and unsought. Following are the most appropriate categories for each good or service listed:1. Appliances – Convenience2. Automobile battery jumpstart services – Unsought3. Cemetery plots – Unsought4. Clothes – Shopping5. Expensive wine – Specialty6. Gas – Convenience7. Jewelry – Specialty8. Milk – Convenience The convenience products are products that the consumer purchases frequently, without much thought, and with little comparison shopping. Milk and gas are examples of convenience products.

The shopping products are products that require comparison shopping because they are usually more expensive and less frequently purchased. Clothes are the example of shopping products. Specialty products are products with unique characteristics or brand identification for which a significant group of buyers is willing to make a special purchase effort. Jewelry and expensive wine are the examples of specialty products.The unsought products are products that the consumer does not know about or does not consider buying until they have a need for them. Automobile battery jumpstart services and cemetery plots are the examples of unsought products. Consumer goods and services are divided into four general categories based on consumer buying behavior, which is the most widely accepted method. The four categories are convenience, shopping, specialty, and unsought. Let's explore each category:1. Convenience Products: These products are frequently purchased by consumers without much thought and little comparison shopping. Convenience products are usually inexpensive, and consumers generally don't spend a lot of time or effort on them. Examples of convenience products include milk, bread, gasoline, candy, and other products that can be found in a local store.2. Shopping Products: These products are usually more expensive and less frequently purchased than convenience products. Shopping products require comparison shopping because consumers want to ensure that they get the best value for their money. Examples of shopping products include clothes, furniture, cars, and other items that consumers buy less frequently and are more expensive than convenience products.3. Specialty Products: These products are unique, and consumers are willing to make a special purchase effort to buy them. Specialty products are usually more expensive than other products, and they have unique characteristics or brand identification. Examples of specialty products include expensive wines, jewelry, and other luxury items.4. Unsought Products: These products are not usually on the consumers' minds or considered buying until they have a need for them. Unsought products are often difficult to sell because consumers don't know about them or don't see the need for them. Examples of unsought products include funeral services, insurance, and other products that consumers don't think about until they need them.In conclusion, consumer goods and services are classified into four general categories based on consumer buying behavior. The four categories are convenience, shopping, specialty, and unsought. Each category has its unique characteristics, and businesses must understand these categories to develop effective marketing strategies.

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Mr. Greenfield has provided you the following information for his second line of business (Barbering services for men) for the year ended 31 December 2020.
- Cash sales $240,000
- Rent $36,000
- Salaries- $72,000
- Miscellaneous Expenses- $24,000
- Rates- 2300
i. Prepare an Income Statement for BG Enterprises (Barbering Services) for the year ended December 31, 2019. (8 marks)
ii. Comment on the profitability of this line of business. (2 marks)
iii. Identify THREE ways in which Mr. Greenfield his business and one advantage of doing so. (4 marks)

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Income statement for BG Enterprises (Barbering Services) for the year ended December 31, 2019. To prepare the income statement, we need to have the sales revenue and the operating expenses that include the costs of goods sold (COGS), wages and salaries, rent, utilities, and other expenses.

The income statement is one of the crucial financial statements, which indicates a company's profitability, revenues, and expenses over a particular period. Mr. Greenfield provided the following information for his second line of business (Barbering services for men) for the year ended December 31, 2020. Cash sales- $240,000Rent- $36,000Salaries- $72,000Miscellaneous Expenses- $24,000Rates- 2300We have to prepare the income statement for the year ended December 31, 2019. To prepare the income statement, we need to have the sales revenue and the operating expenses that include the costs of goods sold (COGS), wages and salaries, rent, utilities, and other expenses.

Let us assume that there is no information available about COGS, and the business follows the accrual accounting method. Sales Revenue=$240,000Expenses:Rent= $36,000Salaries= $72,000Miscellaneous Expenses= $24,000Rates= $2300Total Expenses= $136,300Net Income = $240,000 - $136,300= $103,700Therefore, the income statement for BG Enterprises (Barbering Services) for the year ended December 31, 2019, is as follows:Income Statement for the year ended December 31, 2019ParticularsAmount ($)Sales Revenue240,000Less: ExpensesRent36,000Salaries72,000Miscellaneous Expenses24,000Rates2,300Total Expenses=136,300Net Income=240,000-136,300=103,700The profitability of this line of business:-Mr. Greenfield's barbering services for men line of business is profitable because the net income for the year ended December 31, 2019, is $103,700, which is positive. Hence, the profitability of the barbering services for men line of business is good.Identify THREE ways in which Mr. Greenfield can expand his business and one advantage of doing so:-Mr. Greenfield can use the following three ways to expand his business:1) Establish an online presence and incorporate online booking and e-commerce options. This could lead to an increase in customers, additional revenue, and also provide a competitive advantage.2) Starting a loyalty program that would reward customers for coming back to the store. This could help in retaining customers and increasing sales.3) Building a partnership with other businesses, which will help the business in cross-promotion and also open up new avenues for growth.One advantage of doing so is that the business would have the opportunity to reach a new customer base, and revenue can increase as the customer base increases.

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What are some of the characteristics of a Ponzi scheme? (hint: look at SEC’s website)
2. When investors received their statements, what responsibility did they have to review and understand them? What signs could they have picked up on to alert them to potential problems?
3. What was the final straw that uncovered the Madoff Ponzi scheme?
4. Ultimately, who do you think was responsible for the losses incurred by investors?

Answers

Some characteristics of a Ponzi scheme include offering very high returns with little or no risk, making vague or unverifiable claims about the investment, operating outside the normal regulatory framework, and encouraging investors to roll over their profits into new investments.

Investors are usually paid out using money from newer investors, and when the scheme eventually collapses, many people can lose their investments.  The final straw that uncovered the Madoff Ponzi scheme was the global financial crisis of 2008, which caused many investors to try to withdraw their investments. When Madoff was unable to meet these redemption requests, he confessed to his sons that his investment business was a fraud. However, investors also have a responsibility to do their due diligence and exercise caution when investing, and many people were attracted to Madoff's scheme because of the promised high returns and the trust they placed in him as a respected member of the financial community.

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Other Questions
concentration gradient Serotonin and dopamine transporters on the plasma membrane use the to transport these neurotransmitters across the membrane O Calcium O Glucose O Proton O Sodium Question 6 Which of the following concentration gradients is used by vesicular transporters to transport serotonin and dopamine into synaptic vesicles? O Sodium O Potassium O ATP o Proton For ratio calculations 2 points each except were noted Higginbotham, INC Balance Sheet ($000) Assets Liabilities and Stockholder's Equity Cash $ 1,500 Accounts Payable $12,500 Marketable Securities 2,500 Notes Payable 12,500 Accounts Receivable 15,000 Tot. Current Liab. $25,000 Inventory 33,000 Long-term Debt 22,000 Tot. Curr. Assets $52,000 Total Liabilities $47,000 Fixed Assets (net) Total Assets 35,000 $87,000 5,000 Common Stock (par) Paid-in Capital 18,000 Retained Earnings 17,000 $40,000 $87,000 Sales (all on credit) Cost of Good Sold Gross Margin Operating Expenses Earnings before Interest and Taxes Interest Expense Earnings before Taxes Total Stock Equity Tot Liab. And Stockholder Equity Higginbotham, INC Income Statement ($000) $130,000 103.000 27,000 16,000 11,000 3.000 8,000 Total Stock Equity Tot Liab. And Stockholder Equity $130,000 103,000 27,000 16,000 11,000 3,000 8,000 3,000 $ 5,000 Higginbotham, INC Income Statement ($000) Sales (all on credit) Cost of Good Sold Gross Margin Operating Expenses Earnings before Interest and Taxes Interest Expense Earnings before Taxes Taxes Earnings After Taxes Other Information: Stock Price Book Value per Share Number of Shares $9.50 $8.00 5,000,000 $40,000 $87,000 Use the Balance Sheet and Income Statement of Higginbotham, INC to answer the following: 1. Calculate the following liquidity ratios. a. Current Ratio b. Quick Ratio 2. Calculate the following Activity Ratios. a. Average Collection Period b. Inventory Turnover c. Fixed Asset Turnover d. Total Asset Turnover 3. Calculate the following financial leverage ratios. a. Debt ratio b. Debt-to-equity ratio c. Times Interest earned ratio 4. Calculate the following profitability ratios. a. Gross Profit Margin b. Net Profit Margin c. Return on investment d. Return on Stockholder's equity 5. Calculate the following market-based ratios a Price-to-earnings ratio b. Market price to book ratio 6. Express the return on stockholder's equity ratio as a function of the net profit margin, total asset turnover, and equity multiplier. The rapid rise of informal settlements and the related issues in the local community hinders planning in the provision of services According to Thomas Hobbes, what two factors motivate people?A. Desire for protection and maintenance of personal sovereigntyB. Fear of death at someone else's hands and desire for powerC. Commonality of beliefs and hopes of salvationD. Desire for financial success and social mobility Which of the following statements is false? Indirect finance is more important than direct finance for businesses. O The stock market is not the most important source of external financing for business. Financial intermediaries are the most important source of external funds for business. None of the above please helpTwenty one cancer patients volunteer for a clinical trial. Five of the patients will receive a placebo and Sixteen will receive the trial drug. In how many different ways can the researchers select 16 Consider two firms engaging in sequential Stackelberg competition.Suppose firm 1 decides its quantity x1 first and firms 2 follows after observing x1. The demand function of the market is x(p) = 100 - 0.1p and the cost function for both firms is c(x) = FC + 5x2a. Suppose suppose FC is not zero. What is the lowest FC at which firm 1 does not have to engage in strategic entry deterrence in order to keep firm 2 out of the market?Show your workings What is audience going to be in the nine grade physic MCAS What is the probability that more than 50 customers make apurchase in a random sample of 100 customers?a. 0.0207 b. 0.9793 c. 0.1225 d. 0,4051 e. 0.5952 In reinforcement learning, an episode: what must be the sign and magnitude of qq for the resultant electric field at the origin to be 45.0 n/cn/c in the xx direction? How do we assign weights to criteria? Is it always basedstrictly on logic and achieving the best quantitative result andwhy? legal restrictions preventing persons of color from sharing public accommodations with whites are Write the abbreviated electron configuration for the following elements Put superscripts in parentheses. (For example: B is [He] 2s(2)2p(1)) (a) Br (b) Sr (c) Ba (d) Te explain how to write an algebraic expression that represents the strawberries were split evenly into four bags. A couple with secure jobs rent a house for $800 per week, and have been offered the chance to buy it for $1.4 million. They have $200,000 deposit, and their bank has agreed to lend the balance of the purchase price at 4.2 percent P interest with repayment of principal and interest over 25 years in equal monthly payments. B3. You are considering investing in one listed company to add to your portfolio, and have narrowed the choice down to three firms whose details are shown below: Firm A Firm B Firm C Latest dividend per share - $ 1.60 0.55 2.00 Expected growth in dividend % PA 3.00% 2.50% 6.00% Risk adjusted discount rate % PA 12.00% 15.00% 11.00% Current share price - $ 16.10 5.10 35.00 Use the Gordon dividend discount model to value the firms. Which would you select for investment; explain your reasons. Intro You decided to save $600 every year, starting one year from now, in a savings account that pays an annual interest rate of 7%. Attempt 1/10 for 10 pts. Part 1 How many years will it take until you have 100.000 in the account ? please answer questions b c d Problem Consider the following open economy (Home economy). The real exchange rate is fixed and equal to one. Saving, investment, government spending, taxes, imports and exports are given by: S = -80+ 0.18Y (1) I = I G = G T = To+tY Q = 9Y X = XY* where To is the level of autonomous taxes, q and X are, respectively the marginal propensity to import, and export reaction to the foreign country's income. An asterisk is used to designate variables related to the foreign economy. |||| |||| 5. Assume Foreign economy has the same equations as Home economy. Moreover, use the following values for the remaining autonomous variables: I = 500, G = 500. (a) Solve for the equilibrium values of income, Y, and Y* in both economies. I= 500, G = 500. Q-0.1 Y, x = 0.1 Y*, t = 0.1, To = 100 For home economy S+T-G=I+X-Q -80+0.18Y+100+0.1Y-500-500+0.1Y*-0.1Y 0.28Y-420+0.1Y=500+0.1Y* 0.38Y-920+0.1Y* Y (920+0.1Y*)/0.38 Y=2421.052+0.263Y* since same equations hold for foreign economy as well 0.38Y-920+0.1Y 0.38Y-920+0.1(2421.052+0.263Y*) Y-3285.567 Y-920+0.263*3285.567 =1784.104 (b) Find the tax multiplier for each economy now? (c) Why is it different from the multiplier found above using the given values for the autonomous variables? (d) Find the equilibrium values for government and trade deficits in each economy. Many colleges and universities are witnessing a shift in demographics due towomen having fewer children today. The birth rate fell from an average of 2.1births per woman in 2007 to 1.7 births in 2018. The declining birth rate willreduce the college-age population by as much as 15% between 2025 and 2029.How will the declining birth rate affect university operations? Answer thequestions below:a. Do higher-education institutions have large or small fixed costs? What arethe variable costs for colleges and universities?b. Given your answer in part a, how would you describe short-run average total cost?c. If universities are operating where short-run average total costs are minimized,what will happen to the average cost per student of higher education if universitiesexperience a decline in enrollments? The following estimated regression equation is based on 30 observations. The values of SST and SSR are 1,801 and 1,762, respectively. a. Compute R2 (to 3 decimals). * b. Compute R (to 3 decimals). c.