Occurs when a firm produces the amount of product with the lowest average total cost, and a perfectly competitive firm produces the same amount over time.
What is competitive market?In response to customer demand for products and services, a competitive market develops. Due to the competition created by this market system, businesses must assess their costs of production, pricing policies, and product output.
Perfect competition, as well as competitive markets, aim to factor in both the buyer and the supplier equally and develop strategies based on the market's current supply and demand. We define competitive marketplaces, describe their traits, and explain their functions and distinctions in this article
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which of the following statements is/are true about cost-volume-profit (cvp) analysis? (select all that apply). a. CVP analysis can be applied to a department within a company and
b. CVP analysis can be applied to a particular product line of a company.
CVP analysis can be applied to a department within a company and to a particular product line of a company.
What is CVP analysis ?Finding out how changes in variable and fixed expenses impact a company's profit can be done using a cost-volume-profit (CVP) analysis.Companies can utilize CVP to determine the number of units they must sell to achieve break-even (cover all costs) or a specific minimum profit margin.The sales price, fixed expenses, and variable costs per unit are just a few of the numerous presumptions made by CVP analysis. The CVP analysis demonstrates the behaviour of revenues, costs, and profits as volume changes. Managers can perform sensitivity analysis by looking at how different prices or cost levels affect profit using CVP analysis. CVP analysis is applicable to businesses with one product or many products.Thus, both Options a and b are correct .To learn more about CVP analysis, refer:
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baird publications established the following standard price and costs for a hardcover picture book that the company produces. standard price and variable costs sales price $ 36.70 materials cost 8.20 labor cost 4.30 overhead cost 6.20 selling, general, and administrative costs 6.80 planned fixed costs manufacturing overhead $ 135,000 selling, general, and administrative 50,000 assume that baird actually produced and sold 26,000 books. the actual sales price and costs incurred follow: actual price and variable costs sales price $ 35.70 materials cost 8.40 labor cost 4.20 overhead cost 6.25 selling, general, and administrative costs 6.60 actual fixed costs manufacturing overhead $ 120,000 selling, general, and administrative 56,000
Baird publications established the standard price and costs for a hardcover picture book that the company produces.
Thus, the correct option is D.
What is a standard price?
The price for a finished or semi-finished product that is determined based on a product calculation is the standard price. It is a set price that is applied to the items and does not account for the movement of the goods or the recording (booking) of the invoice.
The average or anticipated cost of producing a product under typical conditions is known as the standard cost. In other words, it represents the regular costs incurred by a business to manufacture things or provide services.
The standard cost can be modified over time to take into account differences between expected and actual manufacturing costs. A fixed selling price established in advance for each item sold over a certain time frame.
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Aber Company manufactures one product. On December 31, 2016, Aber adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO inventory method was $900,000. Inventory data are as follows:
Year Inventory at
year-end prices Price index
(base year 2016)
2017 $1,260,000 1.05 2018 1,840,000 1.15 2019 1,900,000 1.25 Compute the inventory at December 31, 2017, 2018, and 2019, using the dollar-value LIFO method for each year.
Inventory at December 31, 2017 $Problem 161 Aber Company manufactures one product.
Inventory at December 31, 2018 $Problem 161 Aber Company manufactures one product.
Inventory at December 31, 2019 $Problem 161 Aber Company manufactures one product.
The Last-in First-out (LIFO) technique of inventory valuation is predicated on the idea that the last-produced or last-bought assets will be the ones to incur expenses. In other words, the most recent things purchases are withdrawn and expensed first according to the last-in, first-out method.
Only in the United States, where all three inventory-costing techniques are permitted by generally accepted accounting standards, is last in, first out (LIFO) practised (GAAP). The LIFO approach is prohibited by International Financial Reporting Standards (IFRS).
Retailers and auto dealerships are typical examples of businesses that adopt LIFO inventory values because they can benefit from lower taxes (when prices are rising) and better cash flows.
However, many American businesses prefer to utilise FIFO since, if a company uses a LIFO valuation when filing taxes, it must also use a LIFO valuation when reporting financial results to shareholders, which reduces net income and, ultimately, earnings per share.
The computation of the given question is attached in the form of an image.
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An fbo has manufactured food, which they subsequently believe is either harmful to health, unfit for people to eat or does not meet food safety requirements. The food has already left the factory to be distributed. What should the fbo do?.
An FBO has manufactured food, which they subsequently believe is either harmful to health, unfit for people to eat or does not meet food safety requirements. An FBO shall immediately initiate recall procedures of the batch.
Any material that an organism consumes for sustenance is considered food. The majority of food comes from plants, animals, or fungi and contains vital elements including carbs, lipids, proteins, vitamins, and minerals.
An organism consumes the substance, which is then absorbed by the organism's cells to supply energy, support life, or promote growth. Different animal species have different feeding habits that meet the demands of their distinctive metabolisms. These habits have frequently evolved to fill a particular ecological niche in particular geographic contexts.
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By buying in large quantities and delivering to customers in smaller lots, a wholesaler may perform all of the following physical distribution activities except
unit pricing
The maximum commonplace example of a wholesaler is an organization that purchases finished merchandise from manufacturers and then distributes this merchandise to outlets, which then sell smaller quantities of the product to the quit-user. some wholesalers may additionally purchase from or promote to other wholesale agencies.
A distributor works intently with a producer a good way to sell greater goods and advantage higher visibility on these items. vendors discover wholesalers who will resale their merchandise. A wholesaler works extra intently with stores to shape their desires by buying merchandise in bulk at a discount.
Merchant wholesalers and agent wholesalers are the two primary forms of intermediaries in indirect sales. the primary distinction between them is ownership of the products they sell. at the same time as merchant wholesalers take the title for the goods they sell, agent wholesalers simplest earn commission prices for their sales.
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the fixed overhead or variance relates to the method used to apply fixed overhead costs to products or customers. (enter o
The process through which fixed overhead costs are allocated to particular goods or clients is referred to as the fixed overhead "volume variance."
Define the term fixed overhead volume variance?The difference between amount projected for fixed overhead costs regarding production volume or the amount that is ultimately absorbed is known as the fixed overhead volume variance.
At the conclusion of a particular period, this variance is examined as part of cost accounting reporting package.Only expenses incurred during the production process, like factory rent, equipment depreciation, employee pay, facility insurance, and energy prices, are often included in the fixed overhead costs used in this variance.These overhead expenditures are relatively straightforward to forecast since they are fixed within a specific range of activity. Some businesses establish a fixed standard overhead rate that is applied year-round due to this predictability.Thus, the process through which fixed overhead costs are allocated to particular goods or clients is referred to as the fixed overhead "volume variance."
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On October 1, 20X3, Green Corporation paid $450,000 for all of Yellow Company's outstanding common stock. On that date, the book values and fair values of Yellow's recorded assets and liabilities were as follows:
Book Value Fair Value
Cash and Receivables $75,000 $75,000
Inventory 155,000 160,000
Buildings and Equipment (net) 260,000 320,000
Liabilities (150,000) (150,000)
Net Assets $340,000 $405,000
Based on the preceding information, the differential implicit in this acquisition is
$0.
$45,000.
$65,000.
$110,000.
Based on the preceding information, what amount should be allocated to goodwill in the consolidated balance sheet prepared immediately after the combination?
$110,000.
$65,000.
$45,000.
$0.
The differential implicit of the data above is $110,000. In the other side, the amount that should be allocated to goodwill in the consolidated balance sheet prepared immediately after the combination is $25,000.
Goodwill refers to transparent assets that are admitted when the ownership of a company is transferred as a going concern.
To determine the implicit in this acquisition, we can use this formula:
Differential implicit = Amount paid - book value
Differential implicit = $450,000 - $340,000
Differential implicit = $110,000
Thus, the differential implicit is $110,000
To determine how much value that should be allocated to goodwill in the consolidated balance sheet prepared immediately after the combination, we can use this formula:
Goodwill = Purchase Price - Net assets fair value
Goodwill = $340,000 - $315,000
Goodwill = $25,000
So, the amount that should be allocated to goodwill in the consolidated balance sheet prepared immediately after the combination is $25,000.
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hamilton company uses a periodic inventory system. at the end of the annual accounting period, december 31 of the current year, the accounting records provided the following information for product 1: units unit cost inventory, december 31, prior year 2,000 $ 5 for the current year: purchase, march 21 6,000 4 purchase, august 1 4,000 2 inventory, december 31, current year 3,000 required: compute ending inventory and cost of goods sold under fifo, lifo, and average cost inventory costing methods.
Ending inventory under FIFO=$6,000 and cost of goods sold under FIFO is $36,000
What is FIFO?The term "first in, first out" (FIFO) refers to an approach to data structure manipulation where the oldest entry, or "head" of the queue, is handled first.Unit Unit cost Total cost
Beginning Inventory 2,000 $5 $10,000
Purchase March 21 6,000 $4 $24,000
Purchase August 1 4,000 $2 $8,000
Total 12,000 $42,000
Ending Inventory 3,000
Goods sold during the year:
Opening stock + purchases - closing stock
2,000 + 6,000 + 4,000 - 3,000
12,000 - 3,000 = 9,000 units
Goods sold during the year = 9,000 units
FIFO,
Here, the earlier goods are sold first. This means the ending inventory will be form the last purchases which cost $2.
Ending inventory= Inventory, Dec 31× unit cost
=3000×$2
Therefore, Ending inventory under FIFO=$6,000
Cost of good sold: Under FIFP
=[2,000×5 + 6,000×$4 + 1,000×$5]
=[$10,000+ $24,000 + $2,000]
=$36,000
Hence, cost of goods sold under FIFO is $36,000.
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barry's sport shop calls champion tee shirt company to order 200 designer tee shirts at $2 per shirt. the next day, barry decides he can easily sell 100 more. before the order is filled, barry calls champion to change the order to 300 tee shirts. champion orally accepts the modification, but then champion sends only 200 and refuses to send the additional 100 tee shirts.
No, because Barry does not have a writing signed by Champs Tee Shirts.
Without a formal contract, it can be challenging to determine whether either side has complied with the terms of the agreement or whether the contract has been terminated. As a result, the lack of a formal contract leaves the possibility for misinterpretation by a third party. Therefore, having the contract in writing is in the best interests of both parties—whether they are a single person or a company organization—in order to prevent future legal conflicts.
Another compelling argument in favor of having the contract written and signed by both parties is that doing so would make it simpler for a third party to understand and enforce the terms and conditions because they would be in writing.
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TRUE/FALSE if someone scores high on agreeableness they are almost guaranteed to also score high on extraversion.
It is false that if someone scores high on agreeableness they are almost guaranteed to also score high on extraversion.
What is extraversion?Extraversion can be described as the measurement that canm be used to know how energetic as well as sociable and friendly a person can be.
It should be noted that the Extraverts can be seen as the one that help to understood a persondrawing energy which can be seen as been around others while they direct their energies towards people and the outside world.
In conclusion, the agreeableness can be decribed as one that focus on the kindness as well as openness which is creativity as well as intrigue, and conscientiousness, hence It is false that if someone scores high on agreeableness their guaranteed to also score high on extraversion is high.
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It is false that if someone scores high on agreeableness they are almost guaranteed to also score high on extraversion.
What is extraversion?
Extraversion is a trait that may be measured to determine a person's level of energy, sociability, and friendliness.
It is important to keep in mind that extraverts are the ones who can be regarded as helping to understand a person by pulling energy that can be seen as being around others while they aim their energies towards individuals and the outside world.
It is false to assume that if someone scores highly on agreeableness, they will also score highly on extraversion. Instead, it is more accurate to say that agreeableness focuses on kindness, openness, creativity, intrigue, and conscientiousness.
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Which portion of a professional business letter contains the purpose of the correspondence?.
The body part of a professional business letter is the purpose of the correspondence.
Professional letters are used to communicate professionally for a variety of reasons at work, including networking, career advancement, employment, and business.
The bulk of your message is in the body. Each paragraph should be left justified and single-spaced in the block and modified block letter forms. No of the format, make sure to leave a blank line between each paragraph. Remember to omit a line from the greeting to the body and from the body to the closing.
A formal letter is frequently written for a serious reason. It may be a formal performance, a formal application for a job, a formal declaration of a job offer, a formal thank-you message following an interview, or even an official document from your company giving a promotion.
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ovely Skin is establishing a pricing strategy for a new moisturizer. The total cost to produce each unit is $3.50. The company has decided to add a $1.50 markup, so the unit price to distributors will be $5. Lovely Skin is using a approach to price the new moisturizer. Select one: a.good-value b. break-even c. value-added d. competitor-based e, cost-plus
As per the price strategy, Lovely Skin is using a cost-plus approach to price the new moisturizer.
Price strategy:
Price strategy refers considering your costs and pricing your product appropriately, so that you are able to make money off of your sales.
Given,
Lovely Skin is establishing a pricing strategy for a new moisturizer. The total cost to produce each unit is $3.50. The company has decided to add a $1.50 markup, so the unit price to distributors will be $5. Lovely Skin is using a approach to price the new moisturizer.
Here we need to find the type of price strategy is used.
In the given situation only the price of the moisturizer is changed. But he others are remains the same.
So, this is the type of cost plus strategy.
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Some bonds issued by the u. S. Treasury are inflation protected, meaning that what the bond pays at maturity and the regular interest payments are adjusted for changes in the cpi. You can think of the interest rate on an inflation-protected bond as a real interest rate, while the interest rate on a bond that is not inflation-protected is a nominal rate. If investors expect inflation, which type of bond should have a higher interest rate?.
Since the interest rate on an inflation-protected bond should be seen as a real interest rate while the interest rate on a bond that is not inflation-protected should be seen as nominal rate. If investors expect an inflation, the type of bond that should have a higher interest rate is the real interest rate.
What does real interest rate mean?This refers to an interest rate that has been adjusted to remove the effects of inflation. And when adjusted, it reflects the real cost of funds to a borrower and the real yield to a lender or to an investor.
What does nominal interest rate mean?This refers to rate being is advertised by banks, debt issuers, and investment firms for loans and various investments.
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internal development may be time consuming and, therefore, firms may forfeit the benefits of speed that growth through___and___can provide.
Internal development may be time-consuming and, therefore, firms may forfeit the benefits of speed that growth through mergers and acquisitions can provide.
Development is a system that ensures suitable first-rate lifestyles for all humans in terms of happiness, harmony, and pride in critical needs. it's miles related to improvement, progress, and aspirations of people. This definition of improvement might advantage all the sections of society because it shows the basic want technique. All improvement calls for approval, but as one-of-a-kind tendencies have distinctive degrees of impact, tendencies are grouped into 3 kinds.The three kinds of trends are Complying; • advantage; and • Non-Complying. every one-of-a-kind type of development has an exceptional evaluation method. A method of increase, new data, or an occasion is defined as an improvement. The transformation of a caterpillar into a butterfly is a superb instance of development.
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f $2500 is invested at an interest rate of 5.5% per year, compounded continuously, find the value of the investment after the given number of years. (round your answers to the nearest cent.) (a) 2 years $ (b) 4 years $ (c) 12 years $
The future value of an investment of $2500 in 2 years is $5,282.67
The future value of an investment of $2500 in 4 years is $10,565.35
The future value of an investment of $2500 in 12 years is $31,696.38
What is the future value of the investment?When an amount earns interest that is compounded continuously, it means that both the amount that was invested and the interest that has already being earned increases in value infinitely over a period of time.
The formula for calculating future value when there is continuous compounding is : A x e^r x N
Where:
A= amount e = 2.7182818 N = number of years r = interest rateFuture value of $2500 in 2 years : 2500 x e^0.055 x 2 = $5,282.67
Future value of $2500 in 4 years : 2500 x e^0.055 x 4 = $10,565.35
Future value of $2500 in 12 years : 2500 x e^0.055 x 12 = $31,696.38
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Which vitamin is important in preventing neural tube defects in the embryo and is needed in greater amounts during pregnancy?.
More than 70% of some birth abnormalities of the brain and spinal cord can be prevented with folic acid. Neural tube defects are the term for several birth abnormalities (NTDs).
What vitamin guards against birth abnormalities of the neural tube?A B vitamin is folic acid. Folic acid can help prevent neural tube abnormalities if a woman has enough of it in her body before and throughout the first trimester of pregnancy. Every day, women need 400 micrograms (mcg) of folic acid.
Can the vitamin C stop neural tube defects?Retinoic acid, inositol, and the DNA inhibitors hydroxyurea, mitomycin C, 5-fluorouracil, and cytosine arabinoside are used to prevent the disease. Neural tube abnormalities were never completely prevented in every embryo. Riboflavin, vitamin C, and vitamin D2 all appeared to have a potential preventive effect.
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Fragmentation along the value chain, extensive subcontracting, and lack of information-sharing are some of the least ______ supply chain risks
Fragmentation along the value chain, extensive subcontracting, and lack of information-sharing are some of the least _effectively managed_ supply chain risks.
supply chain is referred as a network of individuals and companies who are involved in producing a product and delivering it to the consumer. Links on the chain begin with the producers of the raw materials and finishes when the van delivers the finished product to the end user.
Here, fragmentation along with the value chain, extensive subcontracting, and lack of information-sharing are some of the least effectively managed supply chain risks because supply risks are caused by any interruptions to the flow of product, whether raw material or parts, within your supply chain. environmental risks from outside the supply chain and are usually related to economic, social, governmental, and climate factors, including the threat of terrorism.
Therefore, the answer is effectively managed.
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auditors generally . multiple choice question. make test counts of inventory observe but do not actually do any inventory counting count the entire inventory
Auditors generally, make test counts of inventory.
Usually, test counts of the inventory are conducted by the auditors. An independent auditor's routine assessment of financial statements has the goal of expressing a judgement on whether or not the financial condition, operational outcomes, and cash flows are truthfully portrayed in accordance with generally accepted accounting standards in all significant respects.
The auditor presents his opinion in his report or, if necessary, disavows it, depending on the situation. He clarifies if his audit was conducted in line with PCAOB requirements in either situation.
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Eva is a customer service representative. while attending to a customer, she avoids , thus exhibiting a positive employee trait.
While attending to a customer, she avoids Pinpointing others for any fault in a product or service, exhibiting a positive employee trait.
An example of an employee is a sales partner at a retail save. because the employee must complete tasks in an exact manner, which includes carrying a call badge and greeting the client with specific phraseology, the employee is considered a worker.
A worker is someone who receives paid to work for a person or company. workers don't want to work complete time to be taken into consideration employees—they truly need to be paid to work by means of a business enterprise (the man or woman or enterprise that will pay them).
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since the 2010 average income for grandparent-headed households in which no parent of the grandchildren is present was above the u.s. poverty level, most grandparent caregivers have more than enough to take on the care of their grandchildren.
Since the 2010 average income for grandparent-headed households in which no parent of the grandchildren is present was above the u.s. poverty level, most grandparent caregivers have more than enough to take on the care of their grandchildren. The statement is false.
What is Poverty?The condition of being poor is having few tangible possessions or little money. The issue is a lack of funds to cover necessities like food, clothing, and housing.
The majority of grandparent caregivers do not have enough money to take care of their grandkids since the average income for grandparent-headed families in 2010, in which no parent of the grandchildren is present, was below the U.S. poverty level.
Therefore, the statement is False.
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The complete question is Probabaly
Since the 2010 average income for grandparent-headed households in which no parent of the grandchildren is present was above the U.S. poverty level, most grandparent caregivers have more than enough to take on the care of their grandchildren.
true
false
FILL IN THE BLANK. when a bank extends a mortgage to a home buyer, the value of the mortgage is recorded under ___ . when a customer opens a savings account in a bank and deposits $1000 in it, this is recorded under ___ .
When a bank extends a mortgage to a home buyer, the value of mortgage is recorded under assets. When a customer opens a savings account in a bank and deposits $1,000 in it, this is recorded under liabilities.
Mortgage is a loan given by a bank to purchase or maintain a home, land, or other types of real estate, secured by the property itself.
From the bank perspective, mortgage is recorded under assets entries. This condition happens because the bank is literaly pay the home with their money, which is lend to the home buyer. The home buyer then will repay the mortgage periodically included interest. For the time being, since the home is purchased until the mortgage is paid off, the home ownership lies with the bank.
Assets in accounting refers to things or resources owned by an entity and have future economic value that can be measure and monetized.
On the other hand, when a customer opens a saving account and deposit in it, the bank will record this transaction as liabilities. This conditions happens because the bank will receive money from the customer and have to give back the money to the customer whenever the customer withdraw the money or when the deposit reaches its maturity date.
Liabilities in accounting refers to the amount of money owed to lenders or suppliers.
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manuel is heading out to lunch. he goes to the bank and withdraws $30 from his savings account. he heads to a local deli that sells half sub sandwiches for $4.99 and whole subs for $7.99. manuel decides that he's pretty hungry and goes for the whole. he pays with a $10 bill and tells the cashier to keep the change.
Manuel can easily determine that the whole sandwich, while twice as long as the half, is priced at less than twice as much. - Unit of Account
Manuel accumulates money in his savings account for future purchases. - Store of Value
Manuel buys his lunch with a $10 bill. - Medium of Exchange.
What is Medium of Exchange?Any object that is generally accepted as payment for goods and services is referred to as a medium of exchange in economics. The most widely utilized form of exchange in modern economies is money.
Because most people in the economy view money as valuable, it facilitates trade. Because it is a commonly used token that may be used to exchange for any good or service, money is referred to as a medium of exchange. Gold replaced the barter system as the primary form of exchange in the past.
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doreen is a french citizen who has been working for a u.s. company in spain for twenty years. doreen may be considered to be a
Doreen may be considered to be a professional expatriate. Thus, option D is correct.
Who is a citizen?
A person who legitimately resides in a nation and is accorded the rights and protections of that nation.
Doreen seems to be a French national who already has spent twenty years in the industry in Spain for a U.S. business. A professional expatriate is an individual who lives away from their nation of origin.
The employee accepts a role even outside their home nation, either on their own initiative or as part of an employment assignment planned by their employers, which might be a business, university, or government agency.
Therefore, option D is the correct option.
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The question is incomplete, the complete question will be:
A) virtual expatriate.
B) native salesperson.
C) third-country national.
D) professional expatriate.
E) local national.
current ratio working capital earnings per share gross profit rate profit margin ratio inventory turnover ratio days in inventory receivables turnover ratio average collection period asset turnover ratio return on assets ratio debt to total assets ratio
The current ratio is a liquidity ratio that measures a company's ability to cover its short-term obligations with its current assets.
In commercial enterprise, economics or funding, marketplace liquidity is a market's function whereby an individual or firm can fast purchase or sell an asset with out causing a drastic trade inside the asset's rate. Liquidity involves the alternate-off among the charge at which an asset can be offered, and how fast it can be sold. In a liquid market, the exchange-off is slight: you can sell quickly without having to just accept a notably lower charge. In a especially illiquid marketplace, an asset need to be discounted with the intention to sell quick. cash, or coins, is the most liquid asset due to the fact it can be exchanged for items and services right away at face price.
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What is one way governments try to encourage growth?.
Governments use spending and taxing powers to promote stable and sustainable growth.
What is encourage growth?To make more effective or to increase the value of something. improve.
Vaccinations, exclusive breastfeeding, and prompt medical attention when ill are all factors in a child's healthy growth and development. For young children to explore and learn, it's crucial to have access to clean air, water, and sanitary facilities, as well as safe spaces for play and recreation.
Variations in the GDP and other macroeconomics indices can be used to detect a business cycle. The business cycle has four distinct phases: expansion, peak, contraction, and trough.
The peak, the recession, the trough, and the expansion are the four stages of the business cycle. The lengths of business cycles vary.
The term "classical cycle" describes ups and downs in overall productivity. The production growth rate's variations are what the growth cycle is concerned with.
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when governmental agencies or philanthropic organizations have money to make available for health or other programs, they often find organizations to give money to by starting with a(n)
When governmental agencies or philanthropic organizations have money to make available for health or other programs, they often find organizations to give money to by starting with a request for proposal.
Philanthropic foundation, a non-profit, non-governmental organization that manages its own finances and manages assets donated by contributors while allocating its profits to charitable causes.
Giving food to someone during a famine is an example of charity. The food provides temporary relief, but eventually, the person will experience hunger once more. Teaching someone to cultivate their own food is charitable since it solves the societal issue that is the root of their hunger.
While philanthropists have attempted to foster a sense of community among the citizens of America, they haven't always approached this goal in the same manner.
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A company sells concrete in batches of 5 cubic yards. The probability distribution of X, the number of cubic yards sold in a single order for concrete from this company, is shown in the table.
The expected value of the probability distribution of X is 19.25 and the standard deviation is 5.76. There is a fixed cost to deliver the concrete. The profit Y, in dollars, for a particular order can be described by Y=75X-100
Y=75X−100
. What is the standard deviation of Y?
A company sells concrete in batches of 5 cubic yards. The probability distribution of X, the number of cubic yards sold in a single order for concrete from this firm, is shown in the table below. The anticipate value of the probability distribution of X is 19.25 and standard deviation is 5.76.
What are the 3 types of concrete?
Concrete is made in dissimilar grades, including normal, standard and high-strength grades. These grades specify how solid the concrete is and how it will be used in construction.
Is concrete or cement same?
Although the terms cement and concrete often used interchangeably, cement is an actually ingredient of concrete. Concrete is a combination of mixture and paste. The aggregates are sand and stones or crushed stone; the paste is water and port land cement.
What type of material is concrete?
Concrete is an engineering equipment that simulates the properties of rock and a combination of particles closely bound together. It is simply a blend of mixture, normally natural sand and pebble or crushed rock.
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in which of these roles, managers are constantly scanning the environment for information, talking with liaison contacts and subordinates, and receiving unsolicited information, much of it because of their network of personal contacts?
The role of a manager, as a monitoring officer entails constantly scanning the environment for information, talking with liaison contacts and subordinates and receiving unsolicited information because of their network of personal contacts
Who is a Manager?In management, a manager is an officer who is responsible for a part of a company, such as ‘managing‘ the company. A managers may be in charge of a department and the people who work in it and in some cases, they are in charge of the whole business. For example, a ‘restaurant manager’ is in charge of the whole restaurant.
In essence, a manager is the officer who exercises managerial functions primarily and they have the power to hire, fire, discipline, do performance appraisals, and monitor attendance. They also have the power to approve overtime, and authorize vacations
In conclusion, another manager’s duties also include managing employees or a section of the company on a day-to-day basis.
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assume that the asset can sell for book value at the end of the project. calculate the npv of the project
The net present value (NPV) of an investment at time t = 0 (today) equals the sum of the discounted cash flow (C) from time t = 1 to time t = n plus the investment's discounted residual value (R) at time n minus the investment sum (I) at the start of the investment period (t = 0).
What is an NPV example?
It is the compound annual return that an investor expects (or receives) over the life of an investment. For example, if a security has a net present value (NPV) of $50,000 and an investor pays exactly $50,000 for it, the investor's NPV is $0.
The concept behind NPV would be to project all of the future cash inflows and outflows associated with an investment, discount all of those future cash flows to the present day, and then add them up.
Therefore, The net present value (NPV) of an investment opportunity is a financial metric that attempts to capture its total value.
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most demand curves are relatively elastic in the upper-left portion because the original price group of answer choices and quantity from which the percentage changes in price and quantity are calculated are both large. and quantity from which the percentage changes in price and quantity are calculated are both small. from which the percentage price change is calculated is large and the original quantity from which the percentage change in quantity is calculated is small. from which the percentage price change is calculated is small and the original quantity from which the percentage change in quantity is calculated is large.
Most demand curves are relatively elastic in the upper-left portion because the original price from which the percentage change in quantity is calculated is large.
Most demand curves means that it will be more change in the quantity demanded of a good and service than in the price of that good and service.
Perfectly inelastic demand means that regardless of price, the quantity demanded of a good and services remains constant.
The demanded curve that represents in the most elastic is horizontal from which the percentage changes in price and quantity.
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