One of the reasons a corporation could start new competitive measures is not to look for new raw material suppliers. Option 3 is Correct.
Three elements are required for the successful launch of new businesses or the adoption of new technologies: an entrepreneurial opportunity, the resources to explore the opportunity, and an entrepreneur or entrepreneurial team ready and motivated to take the endeavour on.
On the other side, if the concentration is significant and the top 'n' businesses control the market's output or services, the sector is referred to as oligopolistic or monopolistic. A person's nationality has no bearing on whether or not he is an entrepreneur. The expertise of an entrepreneur is affected by variables like education, and an entrepreneur's job experience aids in the operation of the company. Option 3 is Correct.
Learn more about raw materials Visit: brainly.com/question/555478
#SPJ4
Correct Question:
which of the following is not one of the reasons a company might launch new competitive actions? group of answer choices
1. to obtain first mover advantages
2. to improve market position
3. to find new sources of raw materials
4. to capitalize on growing demand
harriet purchased a very expensive watch. the _____ of wearing the watch is the status that harriet is seeking.
Harriet purchased a very expensive watch. The symbolic meaning of wearing the watch is the status that Harriet is seeking.
Harriet's purchase of an expensive watch suggests that she is seeking a certain status or symbolic meaning associated with wearing the watch. The symbolic meaning of a product refers to the non-functional or intangible benefits that a consumer associates with it, such as social status, prestige, or self-expression.
In this case, Harriet's purchase of the expensive watch may signal to others that she is wealthy, successful, or fashion-conscious. The symbolic meaning of a product can be an important driver of consumer behavior, as it allows individuals to express their identity and values through their consumption choices.
Understanding the symbolic meaning of a product can also help marketers develop effective branding strategies and communicate the value of their products to consumers.
To know more about symbolic meaning, refer here:
https://brainly.com/question/13288236#
#SPJ11
If an increase in autonomous consumption spending of $10 million results in a $40 million increase in equilibrium real GDP, then the MPC is what?
The MPC is 0.25, meaning that for every additional dollar of income, 25 cents is spent on consumption.
The MPC (marginal propensity to consume) represents the fraction of each additional dollar of income that is spent on consumption. We can use the relationship between autonomous consumption spending and equilibrium real GDP to calculate the MPC as follows:
MPC = Change in consumption spending / Change in real GDP
From the problem statement, we know that an increase in autonomous consumption spending of $10 million results in a $40 million increase in equilibrium real GDP. Therefore, we can plug these values into the formula above:
MPC = $10 million / $40 million = 0.25
To know more about consumption here
https://brainly.com/question/30930469
#SPJ4
In the simple circularflow,a. businesses trade goods and services for resources in the product market.b. consumers trade goods and services for monetary payments in the factor market.c. producers trade goods and services for monetary payments in the product market.d. consumers trade resources for goods and services in the factor market.
In the simple circular flow, the correct answer is "c. producers trade goods and services for monetary payments in the product market. " In the simple circular flow model, there are two main components: households and businesses. Circular flow simply means a model that shows the exchange of goods and flow of money.
Businesses then use these resources to produce goods and services, which they sell to households in the product market for monetary payments. This creates a continuous flow of money and resources between households and businesses. In circular flow, the flows of money and goods exchanges in a closed circuit but runs oppositely. Circular flow analysis is the basis of national accounts.
To learn more about circular flow: https://brainly.com/question/24677793
#SPJ11
A) Using the five steps in the reconciliation procedure, prepare a bank reconciliation at December 31. (Round answers to 2 decimal places, e.g. 52.75. List items that increase cash balance first. Reconcile cash balance per bank first.)
B) Prepare the adjusting entries based on the reconciliation. (Hint: The correction of any errors pertaining to recording checks should be made to Accounts Payable. The correction of any errors relating to recording cash receipts should be made to Accounts Receivable.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 52.75.)
A) Bank Reconciliation at December 31:
Reconcile cash balance per bank:
Add: Deposits in transit
Deduct: Outstanding checks
Deduct: Bank service charges
Add or Deduct: Other adjustments (if any)
= Adjusted cash balance per bank
Reconcile cash balance per books:
Add: Note collected by bank
Add: Interest earned on account
Deduct: NSF (non-sufficient funds) checks
Deduct: Bank errors (if any)
= Adjusted cash balance per books
B) Adjusting Entries:
If there are errors in recording checks:
Debit: Accounts Payable
Credit: Cash
If there are errors in recording cash receipts:
Debit: Cash
Credit: Accounts Receivable
Note: The above steps and adjusting entries are general guidelines and may need to be adjusted based on the specific transactions and accounts involved in the bank reconciliation. It is recommended to consult with a qualified accountant or financial professional for accurate and complete reconciliation and adjusting entries.
To know more about Reconciliation click here:
brainly.com/question/30707325
#SPJ11
the difficulty in analyzing oligopolistic behavior arises from the group of answer choices degree of government regulation of the market structure. interdependent nature of oligopolistic decisions. large number of firms in the industry. market power of consumers.
Analyzing oligopolistic behavior is challenging due to the interdependent nature of their decisions. (option b).
Oligopoly refers to a market structure dominated by a small number of large firms, where these firms have significant market power and control over the industry.
One of the major difficulties in analyzing oligopolistic behavior is the interdependent nature of their decisions. In an oligopoly, firms are aware of each other's actions and decisions, and they are likely to react to any changes in the market made by their competitors. This means that the behavior of one firm can have a significant impact on the actions of its rivals, and it can be difficult to predict how each firm will respond.
Finally, the market power of consumers can also impact the analysis of oligopolistic behavior. If consumers have significant market power, they can influence the behavior of firms in the industry by choosing to buy from one firm over another. This can create a competitive pressure on firms to lower prices or improve product quality, which can in turn impact the behavior of their rivals.
Then the right choice is (b).
To know more about oligopolistic behavior here
https://brainly.com/question/14157343
#SPJ4
a hotel pays a franchise fee of $1,000 per month and $3 per room sold. rooms sold is 2,500. what is the total mixed cost? a. $8,500 b. $9,500 c. $10,500 d. $11,500
The total mixed cost for the hotel is $8,500, which corresponds to option A.
Total mixed cost is a type of cost that includes both fixed and variable components. It is the total cost incurred by a business that includes both fixed and variable elements and varies with the level of production or activity.
To calculate the total mixed cost, you need to identify the fixed and variable components of the cost. The fixed cost is the portion of the cost that does not change with the level of production or activity, while the variable cost is the portion of the cost that changes with the level of production or activity.
To calculate the total mixed cost for the hotel, we need to consider both the fixed franchise fee and the variable cost per room sold. The given information is a franchise fee of $1,000 per month, $3 per room sold, and 2,500 rooms sold.
Step 1: Calculate the fixed cost
The fixed cost is the franchise fee, which is $1,000 per month.
Step 2: Calculate the variable cost
The variable cost is $3 per room sold. Multiply this by the number of rooms sold (2,500 rooms):
$3 * 2,500 = $7,500
Step 3: Calculate the total mixed cost
Add the fixed cost and the variable cost together:
$1,000 (fixed cost) + $7,500 (variable cost) = $8,500
Hence, option A is correct.
Learn more about Fixed costs: https://brainly.com/question/3636923
#SPJ11
what are tools of fiscal and monetary policy used to stabilize the economy during inflation?
There are several tools of fiscal and monetary policy that can be used to stabilize the economy during inflation. The two tools of Fiscal Policy and Monetary Policy are-Increase taxes, Decrease government spending and Increase interest rates, Reduce the money supply.
Fiscal policy refers to the government's use of taxation and spending to influence the economy. One tool of fiscal policy that can be used during inflation is to increase taxes, which can reduce the amount of money people have to spend and help slow down inflation. Another tool is to decrease government spending, which can also reduce demand and help slow down inflation.
Monetary policy refers to the actions taken by a central bank, such as the Federal Reserve in the United States, to influence the money supply and interest rates. One tool of monetary policy that can be used during inflation is to increase interest rates, which can reduce borrowing and spending and help slow down inflation.
Another tool is to reduce the money supply by selling government securities or increasing reserve requirements for banks, which can also reduce demand and help slow down inflation.
Overall, a combination of fiscal and monetary policy tools can be used to stabilize the economy during inflation.
For more question on inflation
https://brainly.com/question/28083534
#SPJ11
Estimates may be relied upon as inputs to certain reports. However, such estimates would not be appropriate when preparing:
A. audited financial statements.
B. budgets.
C. internal financial statements.
D. forecasts
A. Audited financial statements.
Estimates are often used as inputs to various financial reports, such as budgets, internal financial statements, and forecasts. However, audited financial statements require a high degree of accuracy and reliability, which means that estimates would not be appropriate. Audited financial statements are subject to a rigorous review process by an independent auditor to ensure that they accurately reflect a company's financial position and performance. As a result, estimates would not be sufficient for preparing audited financial statements.
Learn more about "financial statements" at https://brainly.com/question/14615122
#SPJ11
The employment-at-will doctrine permits an employer to terminate an employee with or without ______ and with or without ______, subject to certain exceptions.
The employment-at-will doctrine permits an employer to terminate an employee with or without cause and with or without notice, subject to certain exceptions.
This means that an employer can terminate an employee for any reason that is not discriminatory or retaliatory, such as poor performance, economic downturns, or simply a change in business needs.
There are, however, certain exceptions to the employment-at-will doctrine that limit an employer's ability to terminate an employee without cause. For example, if an employee has an employment contract that specifies a specific term of employment, an employer cannot terminate that employee before the end of the term without breaching the contract.
Additionally, employers cannot terminate employees for reasons that violate public policy, such as discrimination, retaliation, or whistleblower activities.
To learn more about employment-at-will
https://brainly.com/question/17459074
#SPJ4
Mr. and Mrs. Lund and their two children (Ben and June) are the four equal partners in LBJ Partnership. This year, LBJ generated $64,000 ordinary income. Compute the tax cost for the business if Mr. and Ms. Lund’s marginal rate is 32 percent, Ben’s marginal rate is 24 percent, and June’s marginal rate is 12 percent. (Ignore SE tax consequences.)
To compute the tax cost for LBJ Partnership, we need to calculate the tax liability for each partner based on their respective marginal tax rates.
Given the following marginal tax rates:
Mr. and Mrs. Lund: 32%
Ben: 24%
June: 12%
And assuming that the $64,000 ordinary income of LBJ Partnership is evenly distributed among the four partners, the tax cost for the business would be as follows:
Mr. and Mrs. Lund's tax liability: $64,000 * 32% = $20,480
Ben's tax liability: $64,000 * 24% = $15,360
June's tax liability: $64,000 * 12% = $7,680
The total tax cost for LBJ Partnership would be the sum of the tax liabilities of all four partners, which is $20,480 + $15,360 + $7,680 + $7,680 = $51,200.
It's important to note that this calculation does not take into consideration any other factors such as deductions, credits, or other tax implications, and the actual tax liability may vary depending on the individual circumstances of each partner. Therefore, it's always recommended to consult with a qualified tax professional for accurate and up-to-date tax advice.
To know more about marginal tax click here:
brainly.com/question/12395856
#SPJ11
alfonso began the year with a tax basis in his partnership interest of $48,000. his share of partnership liabilities at the beginning and end of the year consists of $10,000 of recourse liabilities and $9,000 of nonrecourse liabilities. during the year, he was allocated $60,000 of partnership ordinary business loss. alfonso does not materially participate in this partnership, and he has $3,000 of passive income from other sources. problem 20-73 part c (algo) c. how much of alfonso's loss is limited by the passive activity loss rules?
Alfonso's entire share of the partnership loss is limited by the passive activity loss rules.
To determine how much of Alfonso's loss is limited by the passive activity loss rules, to calculate his total income and losses from passive activities.
Alfonso's share of partnership loss is $60,000, which is a passive activity loss since he does not materially participate in the partnership. His passive income from other sources is $3,000.
Next, determine Alfonso's tax basis in the partnership at the end of the year, which will affect how much of the passive activity loss can be deducted.
Alfonso's tax basis in the partnership interest at the end of the year can be calculated as follows:
Tax basis at beginning of year: $48,000
Plus: Share of recourse liabilities: $5,000 (half of $10,000)
Plus: Share of nonrecourse liabilities: $4,500 (half of $9,000)
Minus: Share of partnership loss: $60,000
Equals: Tax basis at end of year: $-2,500 (negative balance)
Since Alfonso's tax basis is negative at the end of the year, he cannot deduct any of the passive activity loss against his other income. The passive activity loss can be carried forward to future years, subject to the passive activity loss rules.
To know more about partnership
https://brainly.com/question/19988417
#SPJ4
Assume that in 2018, a copper penny struck at the Philadelphia mint in 1795 was sold for $390,000. What was the rate of return on this investment? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Rate of return 5.94 %
The rate of return on the investment in a copper penny struck at the Philadelphia mint in 1795, sold for $390,000 in 2018, is 5.94%.
To calculate the rate of return on this investment, we first need to determine the initial cost of the investment. According to the problem, the penny was sold for $390,000 in 2018. Since we do not have information about the penny's original cost, we will assume that it was acquired in 1795 for its face value of one cent.
Next, we need to calculate the total return on the investment, which is the difference between the final sale price and the initial cost. In this case, the total return is $390,000 - $0.01 = $389,999.99.
To calculate the rate of return, we divide the total return by the initial cost, and then express the result as a percentage. In this case, the rate of return is ($389,999.99 / $0.01)[tex]^\frac{1}{223}[/tex] - 1 = 5.94%. The exponent 1/223 represents the number of years between 1795 and 2018.
To know more about rate of return, refer here:
https://brainly.com/question/14378808#
#SPJ11
Block #12473305 on Ethereum was mined by _. It included a total of transactions. Ethermine F2Pool Flex Pool Spark Pool 316 367 412 313 This is a required question
Block #12473305 on Ethereum was mined by Spark Pool.
It included a total of 313 transactions. Other mining pools such as Ethermine, F2Pool, and Flex Pool were not involved in this specific block.
Mining pools are groups of miners who combine their computing power to increase their chances of mining a block and receiving the associated rewards.
Different mining pools use different strategies and fee structures to attract miners to join them.
However, it's important to note that the choice of mining pool does not guarantee success in mining blocks, as it ultimately depends on chance and the overall network hashrate.
To know more about Ethereum click on below link:
https://brainly.com/question/30290619#
#SPJ11
marginal revenue for a monopolist is: equal to price. greater than price. less than price. the change in total revenue plus the change in output.
Marginal revenue for a monopolist is: A - "equal to price."
Marginal revenue is the additional revenue earned by a firm for selling one more unit of output. For a monopolist, the marginal revenue is the change in total revenue divided by the change in output. Since a monopolist has market power and faces a downward-sloping demand curve, it must lower the price on all units sold in order to sell more units. This means that the marginal revenue of a monopolist is less than the price it charges for each unit.
However, the question is asking specifically about the marginal revenue of a monopolist, not the relationship between marginal revenue and price. In the case of a monopolist, marginal revenue is equal to the price it charges for each unit sold. This is because a monopolist is a price maker, meaning that it can choose the price at which it sells its output.
When a monopolist lowers the price to sell more units, it earns less revenue on each unit sold, but this is offset by the fact that it is selling more units overall. Therefore, for a monopolist, marginal revenue is equal to the price it charges for each unit sold. Option A is answer.
You can learn more about marginal revenue at
https://brainly.com/question/13444663
#SPJ11
Which market structure is most likely to result in positive economic profits that cannot be competed away?
The market structure that is most likely to result in positive economic profits that cannot be competed away is the monopoly market structure.
A monopoly market is a type of market structure in which a single firm dominates the entire market for a particular good or service, giving it complete control over the supply and pricing of that product.
In a monopoly market, there are no close substitutes for the product or service provided by the monopolist, and the monopolist has significant barriers to entry that prevent other firms from entering the market and competing against it.
There is only one seller who has complete control over the market and can set prices as high as they want without fear of competition. This results in the ability to generate large economic profits that cannot be competed away by other firms.
However, it's important to note that monopolies are generally seen as undesirable from a societal standpoint because they can lead to higher prices and lower output.
For more question on monopoly market structure
https://brainly.com/question/30597251
#SPJ11
You currently have a job making $45,000 per year as an analyst. you own a mortgage of $100,000 and consumer loans totaling $5,000. you want to start planning your future. this is an example of:
This scenario is an example of personal financial planning. Personal financial planning involves evaluating your current financial situation, setting goals for the future, and creating a plan to achieve those goals. In this case, you have an annual income of $45,000 as an analyst, a mortgage of $100,000, and consumer loans totaling $5,000.
To start planning your future, you'll need to assess your financial standing by considering your assets (e.g., savings, investments) and liabilities (e.g., mortgage, loans). This process helps you understand your net worth, which is crucial in setting realistic and achievable financial goals.
Next, establish clear and specific short-term and long-term financial objectives. These may include saving for emergencies, paying off debts, buying a car, or planning for retirement. Creating a budget and tracking your expenses can help you allocate resources towards these goals and ensure that you're living within your means.
Once you have set your goals, develop a strategy to achieve them. This may involve increasing your savings, adjusting your spending habits, investing, or finding additional sources of income. Regularly reviewing and adjusting your plan is crucial to stay on track and adapt to changes in your financial situation or goals.
In summary, the scenario presented is an example of personal financial planning, which entails evaluating your financial position, setting goals, and implementing a plan to achieve them. Through proper planning and execution, you can successfully manage your finances and secure a more stable financial future.
Learn more about personal financial planning here: https://brainly.com/question/1985202
#SPJ11
Hallergan Company produces car and track batteries that it sells primarily to auto manufacturers. Hawkins, the company's controller, is preparing the financial statements for the year ended December 31, 2016. Hawkins asks fee your advice concerning the following information that has not yet be included in the statements. The statements will issued on 28, 2017. 1 leases its facilities from the brothel of the chief executive officer. 2 On January 8, 2017. Hallergan an agreement to sell a tract of land that it had been as an The sale, which in a gain, was completed on February 2, 2017. the method to determine on all the company's assets. 4. On February 8, 2017, Hallergan completed negotiations with its bank for a $10,000,000 line of credit. 5. Hallergan uses the first-in, first-out (FIFO) method to value inventory. For each of the above items, discuss any additional disclosures that Hawkins should include in Hallergan's financial statements.
In preparing the financial statements for Hallergan Company, the controller, Hawkins, should consider including the following additional disclosures: Lease agreements, Sale of land, Depreciation method, Line of credit, Inventory valuation method.
1. Lease agreements: Disclose the nature of the lease arrangement between Hallergan Company and the brother of the CEO, including the terms and conditions. This information is important for transparency and understanding any potential conflicts of interest.
2. Sale of land: Include information about the sale of the tract of land that took place on February 2, 2017. This should cover the gain realized from the sale and any material impact on the company's financial position.
3. Depreciation method: Clearly state the method used to determine depreciation on the company's assets. This helps users of the financial statements understand how the company accounts for the wear and tear of its assets over time.
4. Line of credit: Disclose the $10,000,000 line of credit obtained from the bank on February 8, 2017. This information is vital for understanding the company's liquidity position and access to external financing.
5. Inventory valuation method: State that Hallergan uses the first-in, first-out (FIFO) method to value inventory. This allows users of the financial statements to understand how the company manages its inventory and assess the cost flow assumption used.
By including these additional disclosures, Hawkins can ensure that Hallergan's financial statements provide a transparent and comprehensive view of the company's financial position and performance as of December 31, 2016.
To learn more about financial statements here:
https://brainly.com/question/29392236#
#SPJ11
crestfield leases office space. on january 3, the company incurs $28,000 to improve the leased office space. these improvements are expected to yield benefits for 4 years. crestfield has 2 years remaining on its lease. what journal entry would be needed to record the expense for the first year related to the improvements? multiple choice debit depletion expense $28,000; credit accumulated depletion $28,000. debit depletion expense $14,000; credit accumulated depletion $14,000. debit depreciation expense $7,000; credit accumulated depreciation $7,000. debit amortization expense $7,000; credit accumulated amortization-leasehold improvements $7,000. debit amortization expense $14,000; credit accumulated amortization-leasehold improvements $14,000.
The appropriate journal entry to record the expense for the first year related to the improvements would be option (d) Debit amortization expense $7,000; credit accumulated amortization-leasehold improvements $7,000.
Since the improvements are expected to yield benefits for 4 years and Crestfield has 2 years remaining on its lease, the useful life of the improvements is 2 years (the shorter of the lease term or the useful life). Therefore, the cost of the improvements should be amortized over 2 years using the straight-line method.
The annual amortization expense would be calculated as follows
Annual amortization expense = Cost of improvements / Useful life
= $28,000 / 2 years
= $14,000 per year
Since Crest field is recording the expense for the first year, the journal entry would be to debit amortization expense for $7,000 ($14,000 / 2) and credit accumulated amortization-leasehold improvements for $7,000. This entry will reduce the balance of the leasehold improvements account by the amount of the expense recognized for the first year.
Therefore, the correct option is (d) Debit amortization expense $7,000; credit accumulated amortization-leasehold improvements $7,000.
Learn more about Annual amortization expense here
brainly.com/question/29562124
#SPJ4
6 Compute the rate of return for the following cash flow Year 1-5 6-10 Cash Flow -$6,209 $10,000
The rate of return for this investment is approx 9.5%.To compute the rate of return for this cash flow, we need to use the formula for the internal (IRR).
We can use a financial calculator to calculate the IRR, or we can use trial and error to approximate it. Here's an example of how to use trial and error:Assume a discount rate, say 10%.
We will calculate the present value of each cash flow using the discount rate. For example, the present value of -$6,209 in year 1-5 is -$3,818. The present value of $10,000 in year 6-10 is $6,209.
Now add the present values of the cash flows. In this case, it is $2,391.If the present value is positive, then the discount rate is too low. If it is negative, then the discount rate is too high.Adjust the discount rate and repeat steps 2-4 until the present value is close to zero.
Using this method, we can find that the approximate IRR for this cash flow is 9.5%.
To know more about rate of return click here
brainly.com/question/17164328
#SPJ11
excellent manufacturers inc. has a current production level of 20,000 units per month. unit costs at this level are: direct materials $0.29 direct labor 0.45 variable overhead 0.16 fixed overhead 0.22 marketing - fixed 0.21 marketing/distribution - variable 0.44 current monthly sales are 18,000 units. jax company has contacted excellent about purchasing 1600 units at $2.30 each. current sales would not be affected by the one-time-only special order, and variable marketing/distribution costs would not be incurred on the special order. what is ratzlaff company's change in operating profits if the special order is accepted?
Current sales would NOT be affected by the one−time−only special order, and variable marketing/distribution costs would NOT be incurred on the special order. The increase in operating profit is $1,829.00.
The increase or decrease in operational income: = Purchase unit ( offer price- direct material- direct labor- variable overhead)
The increase or decrease in operational income: = 1550 (2 - 0.26 - 0.4 - 0.16)
The increase or decrease in operational income: = $1829
As a result, the profit will increase by $1829
All fixed costs are not considered since they are sunk costs, and variable and administrative costs are also not considered because they will not be incurred for the offer.
Operating income is a company's adjusted revenue after deducting all operating expenses and depreciation. The charges incurred in order to keep the firm functioning are referred to as operating expenses.
To know more about operating income:
https://brainly.com/question/14286073
#SPJ4
whatever, inc., has a bond outstanding with a coupon rate of 5.92 percent and semiannual payments. the yield to maturity is 4.9 percent and the bond matures in 21 years. what is the market price if the bond has a par value of $1000? group of answer choices $1155.50 $1131.93 $1132.84 $1134.59 $1136.08
If the bond has a par value of $1000, the market price of the bond is $1,131.93.
Using the given information:
Coupon rate = 5.92%
Yield to maturity = 4.9%
Par value = $1000
Semiannual payments
Maturity = 21 years = 42 semiannual periods
First, we need to calculate the semiannual coupon payment:
Coupon payment = (Coupon rate/2) x Par value = (5.92/2) x 1000 = $29.60
Next, we can use the semiannual formula to calculate the market price:
Market price = [Coupon payment x (1 - 1/(1+r)^n)/r] + [Par value/(1+r)^n]
Where r = semiannual yield to maturity = 4.9%/2 = 0.0245
And n = number of semiannual periods = 42
Market price = [29.60 x (1 - 1/(1+0.0245)^42)/0.0245]
[1000/(1+0.0245)^42] = $1,131.93
Therefore, the market price of the bond is $1,131.93.
To know more about market price, click here.
https://brainly.com/question/17205622
#SPJ4
n unanticipated increase in demand shifts the demand for accountants from d1 to d2, how will the higher level of demand influence the wages of accountants in the short run and the long run?
An unanticipated increase in demand for accountants shifts the demand curve from D1 to D2, leading to higher wages in the short run. In the long run, the supply of accountants increases, resulting in a new equilibrium with potentially higher wages than before the demand shift.
Short run:
1. The demand for accountants increases unexpectedly, causing the demand curve to shift from D1 to D2.
2. In the short run, the supply of accountants remains relatively fixed as it takes time to train and hire new accountants.
3. Due to the higher demand and limited supply, there will be a shortage of accountants in the labour market.
4. As a result, the wages of accountants will increase to attract more accountants to fill the gap.
Long run:
1. The higher wages in the short run incentivize more people to pursue accounting careers or for firms to invest in training their employees.
2. Over time, the supply of accountants increases as more people enter the profession or firms find ways to expand their accounting departments.
3. As the supply of accountants increases, the supply curve shifts to the right.
4. Eventually, the labour market for accountants reaches a new equilibrium, where the increased demand (D2) is met by the increased supply.
5. In the long run, the wages of accountants may stabilize at a new, higher level compared to the initial level, depending on the elasticity of supply and demand in the accounting labour market.
For more such questions on demand
https://brainly.com/question/13870088
#SPJ11
Do either of the following tables from MS Project show leveled resources? Choose the answer with the right number of table(s) with leveled resources. O A&B O Neither O B only O A only
Scheduling is the process of arranging, controlling and optimizing work and workloads in a production process or manufacturing process. Scheduling is used to allocate plant and machinery resources, plan human resources, plan production processes and purchase materials
Leveled resources refer to a scheduling technique used to balance resource allocation based on project priorities and availability. You can check the tables in MS Project to see if they have features that allow you to level resources, such as the "Resource Usage" and "Resource Sheet" tables. If these tables have a "Leveling Gantt" view, then they can show leveled resources.
Your answe ris B .
learn more about scheduling
https://brainly.com/question/14448019
#SPJ11
true or false? patents and copyrights are a source of market power.
Patents and cοpyrights are a sοurce οf market pοwer. (True)
What is the definitiοn οf a market?A market is defined as the sum tοtal οf all the buyers and sellers in the area οr regiοn under cοnsideratiοn. The area may be the earth, οr cοuntries, regiοns, states, οr cities. The value, cοst and price οf items traded are as per fοrces οf supply and demand in a market.
the current market value (CMV) is the apprοximate current resale value fοr a financial instrument. Just as with any οther οbject οf value, the current market value οffers interested parties a price fοr which they can enter intο a transactiοn.
To know more about market visit:
brainly.com/question/17284407
#SPJ1
what effect would we expect in the market for loanable funds if some people discover a new business opportunity that requires investment?
The main effect expected in the market for loanable funds, upon discovering a new business opportunity requiring investment, is an increase in demand for loanable funds, leading to a higher interest rate.
When people discover a new business opportunity that requires investment, they will seek funds to finance this venture. This leads to an increased demand for loanable funds. As a result, the demand curve for loanable funds will shift to the right.
In the market for loanable funds, the equilibrium is determined by the intersection of the demand and supply curves. With the rightward shift in the demand curve, the new equilibrium will be established at a higher interest rate.
This increased interest rate is a result of the higher demand for loanable funds, as it reflects the increased willingness of borrowers to pay for the funds they need to invest in the new business opportunity.
In turn, the higher interest rate may attract more suppliers of loanable funds, causing the supply curve to shift to the right as well. Overall, this discovery leads to a more dynamic market for loanable funds with increased borrowing and lending activities.
To know more about loanable funds click on below link:
https://brainly.com/question/15851247#
#SPJ11
Which of the following is NOT an explicit short-run goal of discretionary fiscal policy? A) full employment B) economic growth C) control of inflation D) zero unemployment
Zero unemployment is NOT a stated objective of discretionary fiscal policy in the short term. Option D is Correct.
These are deliberate measures taken by the government to raise or lower taxation or spend more or less money. For instance, Keynesian economists may favor a purposeful increase in the fiscal deficit's magnitude when, during an economic downturn, private sector demand and confidence are low.
Reducing unemployment is the aim of an expansionary fiscal strategy. Thus, the instruments would be an increase in public spending and/or a reduction in taxation. By raising real GDP and lowering unemployment, this would move the AD curve to the right, but it could also lead to modest inflation. Option D is Correct.
Learn more about zero unemployment Visit: brainly.com/question/30426574
#SPJ4
Swathmore Clothing Corporation grants its customers 30 days’ credit. The company uses the allowance method for its uncollectible accounts receivable. During the year, a monthly bad debt accrual is made by multiplying 3% times the amount of credit sales for the month. At the fiscal year-end of December 31, an aging of accounts receivable schedule is prepared and the allowance for uncollectible accounts is adjusted accordingly.
At the end of 2020, accounts receivable were $580,000 and the allowance account had a credit balance of $44,000. Accounts receivable activity for 2021 was as follows:
Beginning balance $ 580,000 Credit sales 2,650,000 Collections (2,513,000 ) Write-offs (42,000 ) Ending balance $ 675,000 The company’s controller prepared the following aging summary of year-end accounts receivable:
Summary
Age Group Amount Percent Uncollectible
0−60 days $ 385,000 4 %
61−90 days 92,000 12 91−120 days 52,000 22 Over 120 days 146,000 33 Total $ 675,000 Required:
1. Prepare a summary journal entry to record the monthly bad debt accrual and the write-offs during the year.
2. Prepare the necessary year-end adjusting entry for bad debt expense.
3-a. What is total bad debt expense for 2021?
3-b. How would accounts receivable appear in the 2021 balance sheet?
1. To record the monthly bad debt accrual and the write-offs during the year:
Bad Debt Expense (3% of credit sales) = 0.03 * 2,650,000 = 79,500
Journal Entry:
Dr. Bad Debt Expense 79,500
Cr. Allowance for Uncollectible Accounts 79,500
For write-offs:
Dr. Allowance for Uncollectible Accounts 42,000
Cr. Accounts Receivable 42,000
2. To prepare the necessary year-end adjusting entry for bad debt expense, calculate the expected uncollectible amounts based on the aging summary:
0-60 days: 385,000 * 4% = 15,400
61-90 days: 92,000 * 12% = 11,040
91-120 days: 52,000 * 22% = 11,440
Over 120 days: 146,000 * 33% = 48,180
Total Expected Uncollectible: 86,060
Adjust the Allowance for Uncollectible Accounts accordingly:
Adjustment = Total Expected Uncollectible - (Allowance Account Balance - Write-offs) = 86,060 - (44,000 - 42,000) = 84,060
Journal Entry:
Dr. Bad Debt Expense 84,060
Cr. Allowance for Uncollectible Accounts 84,060
3-a. Total Bad Debt Expense for 2021:
Monthly Bad Debt Accrual + Year-end Adjustment = 79,500 + 84,060 = 163,560
3-b. Accounts Receivable in the 2021 Balance Sheet:
Accounts Receivable (Gross) = 675,000
Less: Allowance for Uncollectible Accounts (Adjusted Balance) = 44,000 - 42,000 + 84,060 = 86,060
Accounts Receivable (Net) = 675,000 - 86,060 = 588,940
Learn more about debt here:
https://brainly.com/question/31102427
#SPJ11
You will tell Brie all of the following about her message except that A. the style of the message should be much more fomal B. the mesuage is not ongenized in the direct eppreach C. the opening paregraph s soo long D. the message contains unnecessary megenve language thet affects ins to E. the conchusion should be more specitic to the sopic of the mee
You will not tell Brie that the message contains unnecessary negative language that affects it (D).
When providing feedback to Brie about her message, you will mention the following points:
1. The style of the message should be much more formal (A). This means that the tone and language should be adjusted to reflect a professional manner.
2. The message is not organized in the direct approach (B). This means that the main idea should be presented first, followed by supporting details for better clarity.
3. The opening paragraph is too long (C). It is important to have a concise and engaging opening paragraph to capture the reader's attention.
4. The conclusion should be more specific to the topic of the message (E). This means that the conclusion should clearly summarize the main points and provide a clear call-to-action or next steps.
However, you will not mention that the message contains unnecessary negative language (D), as it is not relevant to the question's context.
To know more about direct approach click on below link:
https://brainly.com/question/20910870#
#SPJ11
taggart transcontinental has announced a $2 dividend. if taggart's last price before ex-dividend is $45, then, assuming perfect capital markets, what should its first ex-dividend price be? $43 $47 $41 $45
The first ex-dividend price of Taggart Transcontinental stock should be $43 assuming perfect capital markets.
Taggart Transcontinental is a fictional company from the novel Atlas Shrugged by Ayn Rand. In the novel, Taggart Transcontinental is a railroad company that is run by the main character, Dagny Taggart.
The company plays a significant role in the novel's plot as it represents the struggle between the producers and the looters, or those who produce value versus those who seek to confiscate it.
The first ex-dividend price of Taggart Transcontinental stock can be calculated using the ex-dividend formula, which states that the first ex-dividend price should equal the previous day's closing price minus the dividend amount.
So, the first ex-dividend price of Taggart Transcontinental stock would be;
First ex-dividend price=Previous day's closing price-Dividend amount
First ex-dividend price = $45 - $2
First ex-dividend price = $43
To know more about Transcontinental here
https://brainly.com/question/13785208
#SPJ4
which of the following is not one of the primary factors that influence price? a. marketers b. customer expectation c. competition d. company costs
A: Marketers are not one of the primary factors that influence price.
Marketers is not one of the primary factors that influence price. While marketers do play a role in determining price, the other options are more significant. Customer expectations affect the price that they are willing to pay, competition can limit a company's pricing power, and company costs determine the minimum price that must be charged to make a profit. Together, these factors help determine the market price for a product or service.
The correct answer is A.
You can learn more about Marketers at
https://brainly.com/question/30708839
#SPJ11
