According to the tax code, some tax incentives can considerably lower a taxpayer's ordinary tax burden. By putting a cap on those advantages, the alternative minimum tax (AMT) is applicable to people with significant economic income.
By doing this, it is made possible for such taxpayers to make at least a minimal tax payment. The federal government of the United States levies an additional tax known as the alternative minimum tax (AMT) on a select group of people, estates, and trusts. As of the 2018 tax year, the AMT affects 0.1% of taxpayers, largely those in higher income brackets, and generates about $5.2 billion, or 0.4% of all federal income tax revenue.
The ordinary income is multiplied by the amount of prohibited items and credits, such as state and local tax deductions, interest on private-activity municipal bonds, the bargain component of incentive stock options, foreign tax credits, and home equity loan interest deductions, to arrive at the alternative minimum taxable income (AMTI).
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which actions can an individual take to become a more effective team member? (choose every correct answer.)
Actions which individual can take to become a more effective team member are committing to the team, and leading by example.
Each and every successful organisation is built upon the shoulders of effective teams. Companies that lack teams that are able to collaborate effectively generally struggle, but companies that have teams that are able to improve quality, complete projects successfully, and increase productivity and efficiency see these benefits. You need to build a team in which every member provides their own unique set of abilities and skills, all of which contribute to the overall achievement of the group in order for your business to function at its optimum levels.
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what guidance does the codification provide on the accrual of costs associated with planned major maintenance activities?
Minor maintenance tasks that must be completed must be documented when they are incurred in the books. Cash basis is used to record small expenses.
The required details for expenses in given paragraph
An cost is the value of operations that a enterprise incurs to generate revenue. It is in reality described because the value one is needed to spend on acquiring something. As the famous pronouncing goes, “it expenses cash to make cash.”
Planned significant maintenance actions in Step 2 of 3
Major maintenance tasks typically take years to complete. As a result, the Major Maintenance Reserve Account is established.
The Major Maintenance Reserve Account must be established in accordance with the criteria.
Step 3 of 3 Codification-provided Direction
The codification mandates that major maintenance tasks that are known ahead of time must be recorded.
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Complete question
What guidelines does the Codification offer for the accrual of costs related to planned major maintenance activities? (Step 1 of 3) What is the reference for the Codification (ASC)?
TRUE/FALSE. competition has driven the economic profits in the dog grooming business to zero. surya bacha, who owns a dog grooming business, would be better off leaving the industry for another alternative.
Competition has driven the economic profits in the dog grooming business to zero. surya bacha, would be better off leaving the industry for another alternative. This statement is false.
What is economic profits?
Economic profit is the difference between implicit costs and accounting profit. Implicit cost is the cost of the next best option that is forgone when one option is chosen over another option. For example, if Surya left his job as an accountant to start his business. If he earns $100,000. His implicit cost would be $100,000.
Economic profit = accounting profit - implicit cost
Accounting profit is the difference between explicit cost and revenue. Explicit cost is the cost that is actually incurred. An example of explicit cost is the wages paid to labor.
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Felix opens a credit card with no annual fee, so he assumes that using the credit card regularly will be absolutely free for the next two years while he finishes grad school. Why is his assumption incorrect?.
Felix believes that if he applies for a credit card with no annual fee, he will be able to use it freely for the following two years while he completes graduate school. He is mistaken in believing that: A. He will incur interest charges in accordance with his APR unless he pays the entire balance each month. Thus option (A) is correct.
What is a credit card?A credit card can be defined as a card that a credit card merchant issues to a borrower to enable them to purchase items on credit with the expectation that they will repay the money they used to do so.
Felix's premise is incorrect because, unless he pays the whole balance each month, routinely using a credit card does not ensure that the credit will be free; instead, he will be required to pay interest depending on his annual percentage rate.
Therefore, Thus option (A) is correct.
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TRUE/FALSE. if a password consists of ten characters, it would take a human about 4.5 years to guess the password if the human makes one try each second.
If a password consists of ten characters, it would take a human approximately four. five years to bet the password if the human makes one strive each 2nd. false.
The human, a culture-bearing primate categorized in the genus Homo, particularly the species H. sapiens. people are anatomically similar and associated with the brilliant apes but are prominent by a more rather evolved brain and a resultant potential for articulate speech and abstract reasoning.
Humans are the maximum ample and giant species of primate, characterized by means of bipedalism and notable cognitive talents due to a massive and complex mind. This has enabled the improvement of advanced gear, subculture, and language. Homo sapiens, the primary contemporary humans, evolved from their early hominid predecessors between 200,000 and 300,000 years in the past. They developed an ability for language approximately 50,000 years ago. the primary contemporary human beings began shifting outdoors in Africa starting approximately 70,000-100,000 years in the past.
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in which stage of the product life cycle are expenses highest? group of answer choices growth introduction maturity decline
The answer is stage 4 of the Product Life Cycle – Stage of decline 1 product, 10 competitors, minimum profits, a huge amount of manpower and resources in use – A typical scenario that a product might face in its last stage. In this stage the expenditures begin to equal the profits or worse, expenses are more than profits.
What can an entrepreneur do to reduce risk?.
An entrepreneur can create a strong business strategy to reduce risk.
Entrepreneurs are the individuals who start new firms, taking on the majority of the risks and reaping the greatest gains. Entrepreneurship is the act of starting a business. The entrepreneur is typically thought of as an inventor who develops original ideas for products, services, businesses, and operational needs.
Creating a business strategy is one of the first actions that entrepreneurs may do to lower the risks associated with a new venture. Before beginning, one must determine how much time and money one will devote to their new venture. Market research should also be conducted. This provides insight into the likelihood that your new venture will succeed or fail.
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efficient allocation depends on the quality of financial professionals and the ability of financial markets to identify and direct capital to the best stewards
The statement efficient allocation indeed depends on the quality of financial professionals and the ability of financial markets to identify and direct capital to the best stewards is true.
What is capital?Capital is a broad term which describes anything that confers value or benefit to its owners, such as a factory and its machinery, intellectual property like patents, or the financial assets of a business or an individual.
Even though money itself may be construed as capital, capital is more often associated with cash. It is being put to work for productive or investment purposes. Capital in general is a critical component of running a business from day to day and financing its future growth.
Business capital may derive from the operations of the business or be raised from debt or equity financing.
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which of the following would be the best starting point on which to focus if an air conditioner manufacturer wants to look at its total costs of production in the short run?
Subtract the variable costs of production from the total output would be the best starting point on which to focus if an air conditioner manufacturer wants to look at its total costs of production in the short run.
Total cost in economics comprises the total opportunity cost of each production factor as part of the its fixed or variable costs. The marginal cost is the additional total cost of producing one more unit. Labor cost, raw materials, consumable manufacturing supplies, and general overhead can all be included in production costs.
The cost of production, also known as the cost price or production costs and can be calculated by adding only those direct and indirect costs of the a manufacturing unit. Here is a formula for calculating production costs. Total cost of production = Labor cost raw material costs, i.e. manufacturing overhead costs.
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holmes company accepts a 4-year 2% note as payment for its merchandise. the prevailing interest rate at the time is 9%. holmes should
Holmes Company will take a 4-year, 2% note in exchange for its goods. At the time, the interest rate was 9%. Holmes must debit the receivable notes with the present value calculated at 9%.
When notes receivable are deducted, what happens?Normally, the balance of outstanding notes is a debit. Like other assets, notes receivable increase as a result of debits and decrease as a result of credits.
Are notes and other receivables recorded at present value?Conceptually, the first calculation of receivable notes is predicated on their present value. The present value is the sum of all future cash flows discounted at the applicable rate of interest for similar notes.
What would "present value of Notes Receivable" literally imply?A note's face amount plus the present value of the interest payments make up its present value. Calculations of present value are based on market interest rates.
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Residents from five districts of a city were asked whether they were in favor of a city proposal to create new bike lanes in the roads. The following bar chart shows the relative frequency in each district of those who responded that they were in favor of the proposal. Which of the following statements is supported by the bar chart?
The majority of residents in District 2 support the proposal. District 2 has the highest bar (about 71%), and the bars represent percentages.
What is qualitative data ?Information that cannot be measured, counted, or simply expressed in terms of numbers is referred to as qualitative data. It is gathered from text, audio, and visual sources and disseminated using data visualization tools like word clouds, concept maps, graph databases, timelines, and infographics. Analyzing qualitative data aims to provide answers to questions regarding the actions people take and the reasons behind those actions. Because it requires the analyst to reflect, gathering and processing this type of data can take a while. A qualitative researcher or qualitative analyst is someone who deals with qualitative data.Software for qualitative data analytics (QDA) is used in many research areas, including healthcare, business, and marketing.Qualitative data is also referred to as categorical data in statistics.To Learn more About qualitative data refer to:
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What are the 4 essential parts to creating a business plan?.
All business plans need to have the executive summary, marketing plan, key management bios, and financial plan sections.
What is the 4 must-have elements of a business plan?Having developed and evaluated hundreds of business plans, I believe there are four essential elements that are utilized in almost all cases and are supplemented by other sections as necessary depending on the situation (which is why we looked at all the sections of a business plan above).A simple business strategy should include these four key sections:Brief summaryA marketing strategyVital management biosBudgetary strategyLet's now take a closer look at each of these crucial sections of the business plan.Important Elements of a Business Plan : There could include a table of contents, information on the company's history, market opportunities, management summaries, competitive advantages, and financial highlights. It's probably easier to write the detailed sections first, and then produce the executive summary by separating the best parts.To Learn more About business plans refer To:
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For first round VCs, using DCF methodology to estimate IPO exit valuation of a portfolio firm, it must consider all expected cash flow estimates starting from the time of its investment.
Group of answer choices
True
False
True. For first round VCs, using DCF methodology to estimate IPO exit valuation of a portfolio firm, it must consider all expected cash flow estimates starting from the time of its investment.
The discounted cash flow (DCF) analysis is a method in finance of valuing a security, project, company, or asset using the concepts of the time value of money. Discounted cash flow analysis is widely used in investment finance, real estate development, corporate financial management and patent valuation. For first round VCs, using DCF methodology to estimate IPO exit valuation of a portfolio firm, it must consider all expected cash flow estimates starting from the time of its investment.
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Which warehouse ownership type provides the advantage of providing the client with the option of obtaining specialized services tailor-made to suit their needs without the disadvantage of high startup costs?.
The benefit of giving the client the choice to receive specialized services is something that the Contract warehouse offers.
What is Contract?A written or verbal agreement between two or more parties that results in a legal obligation is referred to as a contract.
A contract's terms are legally binding and have specific consequences and remedies in the event that they are broken. A breach of contract occurs when any clauses of the agreement are not carried out without a valid justification.
When an offer, negotiation, and acceptance are made by two or more parties, a contract is formed.
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FILL IN THE BLANK. upscale retailers, such as nordstrom, feature customer service as their significant point of difference and use that difference to compete with less expensive stores. this is known as___competition.
Upscale retailers, such as Nordstrom’s, feature customer service as their significant point of difference and use that difference to compete with less expensive stores. This is known as non-price competition.
What is Competition?Competition is a condition in a market when businesses or sellers compete with one another for customers' business in an effort to attain a certain business goal, such as earnings, sales, and/or market share. In this context, rivalry and competition are frequently used interchangeably.
Competition in economics refers to a situation where one business strives to outperform another in terms of success. One company can be attempting to outsell a rival. It's not difficult to identify your competitors in detail. Businesses who provide comparable or identical products to yours could be competitors.
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demand for gasoline (in hundreds of liters) at a particular station, as a function of the price of gasoline and the price of bus travel, is qd
The demand for gasoline at a particular station is 0.08.
The cross elasticity is 303
To calculate the cross-price elasticity of the quantity demanded of gasoline with respect to the price of bus travel, we should first calculate the quantity of gas demanded:
300 - 14(1.5) + 2(12) = 303
Gasoline is a fuel crafted from crude oil and different petroleum liquids. Gasoline is specifically used as an engine gas in automobiles. Petroleum refineries and blending centers produce motor gas on the market at retail gasoline fueling stations.
Gasoline is a combination of many unique hydrogens- and carbon-containing chemical substances (hydrocarbons). An ordinary gasoline aggregate incorporates approximately 150 exceptional hydrocarbons, together with butane, pentane, isopentane, and the BTEX compounds (benzene, ethylbenzene, toluene, and xylenes).
Gas is especially used as engine gasoline in cars. Petroleum refineries and blending facilities produce motor gas on the market at retail gas fueling stations.
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Lila needs a custom frame for a painting that her friend made for her. i’ve been framed is offering 50 percent off their regular price of $115 plus an additional 10 percent off the sale price. the framers is offering 30 percent off their regular price of $120 plus an additional 40 percent off the sale price. which location is offering the better price and how much cheaper is it? the frame is $1.35 cheaper at the framers. the frame is $8.65 cheaper at i’ve been framed. the frame is $10 cheaper at the framers. the frame is $15 cheaper at i’ve been framed.
The location that is offering the better price is the Framers.
Custom frame at the Framers is cheaper by $1.35.
In order to determine which business offers the lower price, the prices after the discount have to determine.
Discounted price for I’ve Been Framed
After the first discount, the price of the frame would be 50%(100 - 50%) of the original price.
50% x $115
0.5 x $115 = $57.50
Final discount = (100 - 10%) = 90%
90% x $57.50
0.9 x $57.50 = $51.75
Discounted price for The Framers
After the first discount, the price of the frame would be 70%(100 - 3 0%) of the original price.
70% x $120
0.70 x $120 = $84
Final discount = 100 - 40 = 60%
60% x $84
0.6 x $84 = $50.40
The location that is offering the better price is the framers.
Difference in price = $51.75 = $50.40 = $1.35
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Answer:15
Explanation:
baseball player alex rodriguez earned $20,000,000.00 in 2016. he played in 65 games. what was his salary per game to the nearest thousand dollars?
Alex Rodriguez salary per game by playing baseball will be equal to $3,076,923.
Calculation:
His total earning = $20,000,000
No of games played by him = 65
His salary per game of baseball = $20,000,000/65 = $3,076,923
A bat and ball game called baseball is played by two teams, each with nine players. Nine innings make up the entire game, during both of which teams' players alternate at bat, trying to advance round four bases to score runs. The team that has the most runs at the conclusion of the game wins. Each innings includes three out of for each team. Baseball's origins remain unknown. In the 14th century, baseball-like games were played in Russia and Associated parties (a region of Romania), and in the 1330s, monks throughout France became huge fans of the a similar game. The main goal of sports is to outdo your enemy's team in points scored in order to win the game.
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Answer:
$307,692.31
or if you need it rounded to the nearest thousand:
$308,000.00
Explanation:
20,000,000 divided by 65 = $307,692.31
certain balance sheet accounts of a foreign subsidiary of orchid company have been stated in u.s. dollars as follows: stated at current rates historical rates accounts receivable, current $ 271,000 $ 291,000 accounts receivable, long term 122,000 133,000 land 61,000 63,000 patents 89,000 94,000 $ 543,000 $ 581,000
The total should Orchid's balance sheet include for the preceding items $430,000.
Balance sheet:
Balance sheet refers the financial statement that contains details of a company's assets or liabilities at a specific point in time.
Given,
Here we have certain balance sheet accounts of a foreign subsidiary of Orchid Company have been stated in U.S. dollars as follows:
Stated at [Current Rates] [Historical Rates]
Accounts receivable, current. . . . . . . . . . . . . . . . . [$200,000] [$220,000]
Accounts receivable, long term. . . . . . . . . . . . . . . [100,000] [110,000]
Land. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [50,000] [55,000]
Patents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [80,000] [85,000]
Total. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [$430,000] [$470,000]
And we need to find the total should Orchid's balance sheet include for the preceding items.
As we looking into the given balance sheet we have identified that the total should Orchid's balance sheet include for the preceding items
=> Total of current rate is $430,000
Where as the foreign currency is the functional currency, translation (rather than re-measurement) is required.
And all the assets accounts are translated at current rates.
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by the mid-eighteenth century, what obstacle threatened the economic growth of some countries in asia and western europe?
By the middle of the eighteenth century, soil depletion and deforestation was now a threat to the economic and social development of some countries in Western Europe and Asia.
What is the primary reason for the soil's depletion?
Farming, industrial, and commercial pollution, loss of arable land owing to urbanization, overgrazing, and unsustainable agricultural methods, and long-term climate changes are all factors that contribute to soil degradation.
What and why did Europe lose its forests?
Industrial farming
Europe's deforestation started in the 1700s and 1800s when trees were felled for shipbuilding and as fuel.
The primary cause of forest loss is the conversion of forests into crops. It is primarily responsible for oil palm and soybean production, which, according to the UN Food and Agriculture Organization, accounts for at least 50% global deforestation .About 40% of the world's deforestation is caused by livestock grazing.
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the titan retires a $25.6 million bond issue when the carrying value of the bonds is $22.8 million, but the market value of the bonds is $28.5 million. the entry to record the retirement will include:
The solution is a $6.1 million debit to a loss account.
A loss account will be debited by $5.7 million. The term "market value" is also frequently used to describe a publicly traded company's market capitalisation.
The solution is a $6.1 million debit to a loss account.
To determine this:
The market value of the bonds ($28.5 million) is deducted from the carrying value ($22.8) of the bonds.
Carrying value, $22.8 million, less the $28.5 million in cash used to repay the bonds
= $28.5-$22.8
= $5.7 added to the loss account.
The term "market value" is also frequently used to describe a publicly traded company's market capitalization, which is derived by dividing the number of outstanding shares by the current share price.
Since the market prices of exchange-traded instruments, like stocks and futures, are widely known and easily accessible, determining market value for them is easiest. However, determining market value for over-the-counter instruments, like fixed income securities, can be a little more difficult.
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conducting a postaudit blank . multiple select question. provides an opportunity to cut losses on floundering projects provides an opportunity to reinforce and possibly expand successful projects determines which capital project should be selected for investment
The payback technique calculates how long it will take to "pay back" or make up the initial expenditure.
What does payback period mean?The time it would take for an investor to recoup the initial investment in a project is known as the payback period. It's closely related to the investment's break-even point.Payback period is a quick and simple way to evaluate investment opportunities and risk, but payback period is expressed in years rather than units like a break-even analysis is. The investment would be more appealing if the payback period were shorter because it would take less time to break even.Businesses use the payback period to determine the rate of return on any new asset or technological upgrade, not just in the financial sector. For instance, to determine whether installing solar panels is a cost-effective move, a small business owner could compute the payback period.To Learn more About payback technique refer to:
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reserves are controlled by the project manager and the owner of the project and are used to cover major unforeseen risks to the entire project.
The management reserve, which is under the responsibility of the project manager and the project owner, is used to cover significant unanticipated risks to the overall project.
What is the management reserve?The portion of the project budget set aside in the management reserve is for unanticipated work that falls under the project's purview. The final project budget is created by adding the management reserve to the cost baseline.
Unforeseen risks are covered by the management reserve, which is applicable to the entire project.
The owner, the project manager, or upper management typically have control over these reserves. Management reserves are separate from the budget.
The cost baseline for the management reserve is often increased by 5 to 10% in order to estimate the management reserve.
The project manager would determine the management reserve as $6,050 (or $121,000 × 5%), assuming a cost baseline of $121,000 and a 5% management reserve.
Therefore, the management reserve, which is under the responsibility of the project manager and the project owner, is used to cover significant unanticipated risks to the overall project.
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organizations seek to gain a competitive advantage by differentiation, cost, or . focus value speed
Organizations seek to gain competitive advantage by the differentiation, cost, or focus.
What is competitive advantage?A competitive advantage is a quality that enables a company to outperform its rivals in the business world. Having access to natural resources like high-grade ores or a cheap supply of energy, highly skilled labor, a strategic location with low barriers to entry, and the ability to use cutting-edge technology and confidential knowledge are all examples of competitive advantages. A company's edge over rivals is known as its competitive advantage. Offering them better and greater value can help you achieve this. Consumer attention is araised by advertisements for goods and services that are more affordable or of greater quality. This is the basis for brand loyalty—the preference customers have for one brand of good or service over another. When analyzing competitive advantage, value proposition is crucial.
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what are the portfolio weights for a portfolio that has 152 shares of stock a that sell for $30 per share and 120 shares of stock b that sell for $20 per share?
The portfolio weights for Stock A and Stock B are 0.555 and 0.445 respectively.
What is Stock?
In the world of finance, stock (also known as capital stock) refers to all of the shares that constitute a corporation's or company's ownership. A single share of stock represents a fractional ownership interest in the company based on the total number of shares. The shareholder (stockholder) will then typically be entitled to that portion of the company's value, proceeds from the sale of company assets (after paying off all senior claims like secured and unsecured debt), or voting rights, with these rights frequently being distributed in proportional to the amount of money evey stockholder has invested.
This can be calculated by dividing the number of shares of each stock by the total number of shares (272): 152/272 = 0.555 and 120/272 = 0.445.
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to improve the performance of employees, a company provides recognition and monetary benefits to those employees whose performance exceeds expectations. this strategy can motivate some employees to perform better. this is an example of a(n) strategy.
To improve the performance of employees, a company provides recognition and monetary benefits to those employees whose performance exceeds expectations. this strategy can motivate some employees to perform better. this is an example of a strategy called compensation.
Compensation refers to monetary payment given to an individual in exchange for their services. In the workplace, compensation is what is earned by employees. It includes salary or wages in addition to commission and any incentives or perks that come with the given employee’s position.
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focuses on regionalizing resources more effectively and responding to rapid environmental changes, such as increased political and foreign exchange risks and global competition.
Strategic planning and control focuses on regionalizing resources more effectively and responding to rapid environmental changes, such as increased political and foreign exchange risks and global competition.
Strategic planning is the process through which an organization determines its strategy or direction and decides how to allocate its resources to achieve its strategic goals. It could also include constraints for directing how the plan is put into action.
In the 1960s, firms started to prioritize strategic planning, which is still a crucial component of strategic management today. It is carried out by strategic planners or strategists who analyze the company and its link to the competitive environment using a variety of parties and research sources.
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what role do big corporations take in creating laws that benefit corporations and disadvantage the average person?
A corporation has the benefit of limiting personal liability, ensuring the continuity and security of the business, and facilitating capital access.
Briefing:-A corporation has drawbacks such as being time-consuming, subject to double taxation, and requiring strict formalities and protocols to be followed.
How does society gain from the social duties carried out by large corporations?It establishes a crucial ethical stance, according to which members are responsible for carrying out their public duty. Our actions must be for the good of society as a whole. We can achieve the ideal balance between economic growth and the welfare of society and the environment in this way.
What advantages do the corporation's origins offer?Gain tax breaks, secure your assets. Business debts are typically not personally liable for corporation owners, who benefit from limited liability protection.
Develop your business for today and tomorrow.
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diminishing returns jesaki inc estimates that it will sell units of product after spending $ thousand on advertising, as given by 0.54 45 1,073 159,597. what is the point of diminishing returns? round to the nearest dollar. $
$38 ,$9 is the point of diminishing returns.
Given
N'(x) = 0.51x4 + 48x³- 1074 x² + 155007
Differentiate wat be
N'(x) = -2·04x² + 144x² - 2148x +6
Again diff" wight 'x'
N" (x) = - 6·12x²+288x-2148
For the point of diminishing retums
Put ΟΥ N" (x) = 0 6.12x²+ 288x-2148 = 0 6·12x²-288x+2148=0 -
On solving the above quadratic Eqh we get 4
x = 37.77 OR x=9.29
Hence x = $38
y = $9
Diminishing returns are the lower in marginal output of a manufacturing technique as the amount of a unmarried issue of production is incrementally extended, keeping all different factors of manufacturing same.
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Which of the following may not characterize an oligopoly?
A. A few firms
B. No market power
C. High barriers to entry
D. Substantial control over price
Answer: B. No market power
No market power may not characterize an oligopoly. Hence, option B is correct.
What is No market power?When a business lacks market dominance, its products are frequently remarkably comparable to those of its competitors. Thanks to this, customers may now easily switch from a company's product to another's.
The ability of a firm or group of enterprises to raise and maintain prices above the level that would prevail in the absence of competition is known as market or monopolistic power. Utilizing market power reduces productivity and harms the economy.
Thus, option B is correct.
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