When Fred agrees to the listing, a contract and agency relationship are created. The relationship between Wilma and the seller is that of an agent. The right answer is a
A real estate agent receives a commission if a deal is successfully closed and is licenced to assist customers in buying and selling real estate. Only the buyer or the seller may be the agent's client. Real estate agents are those with the proper licences to assist in the purchase, sale, and rental of real estate.
They are compensated with a commission, which is often a percentage of the sale price of the property, and are eventually in charge of bringing buyers and sellers together. Real estate salesperson and real estate associates are other names for real estate agents.
The correct answer is option a.
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If Evelyn uses her debit card to buy an iPod, then the money to pay the retailer willcome from:A. the debit card company's M1 funds.B. the debit card company's M2 funds.C. her M2 funds.D. her M1 funds.
If Evelyn uses her debit card to buy an iPod, then the money to pay the retailer will come from her M2 funds.
What is meant by M2 funds?
M2 funds refer to the money that is held in a person's checking account, savings account, or other easily accessible accounts. When Evelyn uses her debit card, the money is deducted from her checking account, which is a part of her M2 funds. The debit card company does not use its own funds to pay the retailer.
M1 refers to the money supply that includes physical currency, demand deposits (checking accounts), and other types of accounts that can be used to make payments. M2 includes all of the components of M1, as well as savings deposits, money market securities, and other time deposits.
When Evelyn uses her debit card to make a purchase, the funds are drawn directly from her checking account, which is part of her M2 funds. The debit card company facilitates the transaction by verifying the funds in her account and transferring them to the retailer. The debit card company itself does not have M1 or M2 funds; it simply acts as a facilitator for transactions between individuals' accounts.
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which factor largely accounts for the effectiveness of proactive marketing public relations? question 48 options: a) additional exposure b) newsworthiness c) credibility d) efficiency e) wide exposure
The factor that largely accounts for the effectiveness of proactive marketing public relations is credibility. Option C
When a company or organization engages in proactive marketing public relations, they are essentially attempting to create a positive image of themselves in the eyes of the public. In order for this image to be effective, it needs to be based on credibility. If the public doesn't believe that the company or organization is credible, then the image they are trying to create won't be effective.
Credibility is important because it helps to build trust with the public. If a company or organization is seen as credible, then people are more likely to trust them and to be willing to do business with them. This is especially important in today's world, where people are becoming increasingly skeptical of businesses and their motives.
In addition to credibility, other factors can also contribute to the effectiveness of proactive marketing public relations. Additional exposure can help to increase the reach of the message being communicated, while newsworthiness can help to make the message more interesting and engaging. Efficiency and wide exposure can also play a role in the success of proactive marketing public relations, but without credibility, these factors are unlikely to be as effective. Correct option is Option C.
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during april, quality homes sold the house on 112th avenue for $294,000. if quality homes uses the specific identification method, what should quality homes record as cost of goods sold for april?'
Quality Homes should record the cost of goods sold for April as $224,000, which is the cost of building the house that was sold.
The specific identification method is a technique used in accounting to determine the cost of goods sold by identifying the actual cost of each item sold. In this case, Quality Homes had three houses for sale on April 1 with different costs of building.
During April, only one house was sold, which was located on 112th Avenue and had a cost of $224,000 to build. Therefore, the cost of goods sold for April would be $224,000, which is the cost of building the specific house that was sold.
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The complete question is:
Quality Homes had the following houses for sale on April 1:
412 N. 106th Street - cost $198,000 to build
913 S. 112th Avenue - cost $224,000 to build
722 W. Oak Place - cost $215,000 to build
During April, Quality Homes sold the house on 112th Avenue for $294,000. If Quality Homes uses the specific identification method, what should Quality Homes record as cost of goods sold for April?
selling price per unit $ 150.00 variable expense per unit $ 42.00 fixed expense per month $ 421,200 assume the company's target profit is $17,000. the unit sales to attain that target profit is closest to:
The unit sales to attain that target profit is calculated to be closest to 4,056 units. Therefore, option c is correct.
To calculate the unit sales needed to attain the target profit of $17,000, we can use the following formula:
Unit sales = (Fixed expenses + Target profit) / Contribution margin per unit
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $150.00 - $42.00
= $108.00
Fixed expenses for the month = $421,200
Target profit = $17,000
Plugging in the values, we get:
Unit sales = ($421,200 + $17,000) / $108.00
= $438,200 / $108.00
= 4,056.48
Rounding to the nearest whole number, the unit sales needed to attain the target profit of $17,000 is 4,056 units.
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The complete question is :
Selling price per unit $ 150.00 variable expense per unit $ 42.00 fixed expense per month $ 421,200 assume the company's target profit is $17,000. the unit sales to attain that target profit is closest to:
a) 4000
b) 4050
c) 4056
d) 4058
2. a firm produces light bulbs with a fixed cost of $25,000 per month and a variable cost of $13 per unit. bulbs sell for $15 each. what output is needed to produce an annual profit of $400,000?
The output is needed to produce an annual profit of $400,000 is given by the amount $350000.
The amount of money a certain person, business, or other entity produces over the course of a year is their annual profit. The annual profit can be used to assess a company's financial health. It is possible to determine if a firm or person is growing or shrinking by tracking their annual earnings over time.
The yearly profit can be calculated in a number of different ways. Typically, the key differential is between gross profit and net profit. The amount of money generated after subtracting the cost of products and other expenses is referred to as net profit. For instance, a company's total revenue less the cost of goods purchased, employee wages, and taxes paid equals its net profit.
Let production for year = n
Fixed cost for one month = $25,000
fixed cost for one year = $25,000 x 12 = $ 300,000
Variable cost = $13 per unit
variable cost for n = $13n
Sell price = $15 per unit
swelling price for n = $15n
Profit per year = $400,000
Profit = Sell price - [Variable price + fixed cost]
400000 = 15n - [13n + 300000]
2n = 700000
n = 350000
Therefore, output is needed to produce an annual profit of $400,000 is $350000.
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What are three mechanisms through which foreign directinvestments FDI can contribute to economic growth in the recipientcountry?
Foreign direct investments contribute to economic growth in the recipient country through capital formation, technology transfer, and employment generation.
The three mechanisms through which foreign direct investments (FDI) can contribute to economic growth in the recipient country are:
1. Capital Formation: FDI provides the recipient country with financial resources for investments, leading to an increase in capital formation. This additional capital enhances the country's productive capacity and stimulates economic growth.
2. Technology Transfer: FDI often involves the transfer of advanced technology and know-how from the investing country to the recipient country. This technology transfer promotes innovation and productivity improvements, resulting in higher economic growth.
3. Employment Generation: FDI can create new employment opportunities in the recipient country as foreign companies establish new businesses or expand existing ones. This job creation leads to increased income levels and overall economic growth.
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an example of a current asset for mertz medical supplies would be its:___.
One example of a current asset for Mertz Medical Supplies would be its inventory of medical supplies that are expected to be sold within one year or within the operating cycle of the company.
Current assets are items that a company expects to convert into cash or use up within one year or within the operating cycle of the business, whichever is longer. The operating cycle is the time it takes for a company to purchase inventory, sell the inventory, and collect payment from customers. In the case of Mertz Medical Supplies, the company's inventory of medical supplies would be a current asset because it is expected to be sold within the next year or within the operating cycle of the business. This inventory can include items such as medical equipment, devices, and consumables that the company sells to customers.
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a subsidiary ledger that contains a separate account for each supplier (creditor) to the company is a(n):
The subsidiary ledger containing a separate account for each supplier (the creditor) is called an accounts payable subsidiary ledger. It is used to track and manage the amounts owed to each individual supplier.
An accounts payable subsidiary ledger is a detailed record that tracks and manages the amounts owed to each supplier (the creditor) by a company. This ledger serves as a supplement to the general ledger, which provides an overall summary of the company's financial transactions. The accounts payable subsidiary ledger organizes and records transactions for individual suppliers, making it easier to monitor and manage outstanding balances, payment due dates, and payment histories.
By maintaining a separate account for each supplier, companies can ensure accurate and timely payment of their obligations, avoid duplicate payments, and strengthen their relationships with suppliers. Additionally, this type of subsidiary ledger assists in producing more accurate financial statements and helps identify any potential errors or discrepancies in the accounting records.
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Discuss how each of these impact pay structure and decisions about pay. 1. job structure 2. minimum wage 3. Fair Labor Standards Act 4. exempt employees 5. benchmarking 6. job evaluation 7. hourly wage 8. piecework rate 9. salary 10. pay grades 11. pay range 12. pay differential 13. skill-based pay systems
Each of these impact pay structure and decisions about pay are as below:
Job structure: The job structure refers to the hierarchical arrangement of jobs in an organization. It impacts pay structure as it determines the relative value of different jobs and the appropriate level of pay for each job.Minimum wage: The minimum wage is the lowest hourly wage that an employer can legally pay to their employees. It impacts pay structure as it sets a baseline for wages and can influence decisions about the level of pay for different jobs.Fair Labor Standards Act: The Fair Labor Standards Act (FLSA) establishes minimum wage, overtime pay, recordkeeping, and youth employment standards. It impacts pay structure as it sets the minimum wage and overtime pay requirements for non-exempt employees.Exempt employees: Exempt employees are not eligible for overtime pay and are typically salaried. It impacts pay structure as it affects the level of pay and benefits offered to exempt employees.Benchmarking: Benchmarking is the process of comparing an organization's pay structure to similar organizations. It impacts pay structure as it provides information about competitive pay rates and helps determine appropriate pay levels for different jobs.Job evaluation: Job evaluation is the process of determining the relative worth of different jobs. It impacts pay structure as it helps determine appropriate pay levels for different jobs based on their relative value.Hourly wage: Hourly wage is the amount of money paid per hour of work. It impacts pay structure as it is the most common form of pay for non-exempt employees.Piecework rate: Piecework rate is the amount of money paid per unit of output produced. It impacts pay structure as it is commonly used in manufacturing and can incentivize employees to produce more.Salary: Salary is a fixed amount of money paid to an employee on an annual or monthly basis. It impacts pay structure as it is the most common form of pay for exempt employees.Pay grades: Pay grades are the groupings of jobs with similar levels of value or difficulty. It impacts pay structure as it provides a framework for determining appropriate pay levels for different jobs.Pay range: Pay range is the range of pay levels within a pay grade. It impacts pay structure as it provides flexibility in determining the exact pay level for a particular job.Pay differential: Pay differential is the difference in pay between different jobs or groups of employees. It impacts pay structure as it can help attract and retain employees in certain jobs or with certain skills.Skill-based pay systems: Skill-based pay systems pay employees based on their skills and knowledge rather than their job title or seniority. It impacts pay structure as it can incentivize employees to develop new skills and can reward employees for their expertise.For more such question on pay structure
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You should prepare for interviews by preparing long, relevant stories to illustrate how you are a great fit for the position. a. True
b. False
When preparing for interviews, it is true that you should prepare relevant stories to illustrate how you are a great fit for the position.
However, it's important to keep these stories concise and focused on the key points. You don't want them to be too long, as you want to maintain the interviewer's attention and efficiently communicate your qualifications.
So, the correct answer is a mix between true and false.
To effectively prepare for interviews, consider the following steps:
1. Identify the most relevant skills and experiences for the position.
2. Prepare concise, engaging stories that demonstrate these qualities.
3. Practice telling these stories in a clear and compelling way.
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Neoconservatives before reagan were intellectuals who thought the counterculture went too far and became too un-american because it did not respect morality or authority. in reagan, the neoconservatives thought they found someone who would show strong american leadership abroad with aggressiveness, instead of passivity, when dealing with adversaries.
a. True
b. False
The statement is true. Before Reagan, neoconservatives were primarily intellectuals who believed that the counterculture movement had gone too far and was not respecting morality or authority.
They were concerned about the decline of traditional American values and saw themselves as defenders of American exceptionalism.
However, with the rise of Reagan, the neoconservatives saw an opportunity to have a leader who would show strong American leadership abroad with an aggressive approach towards adversaries.
Reagan's policies aligned with the neoconservative's belief in a strong national defense and a proactive foreign policy. As such, the neoconservatives found in Reagan a champion of their ideology, and his presidency marked a significant turning point in American politics and foreign policy.
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When the Bank of Canada sells a government bond to a bank, reserves in the banking system ________ and the monetary base ________, everything else held constant
When the Bank of Canada sells a government bond to a bank, reserves in the banking system decrease and the monetary base decreases, everything else held constant.
This is because when a bank purchases a government bond from the central bank, it pays for the bond by transferring reserves from its account at the central bank to the central bank's account. This reduces the bank's reserves and the overall reserves in the banking system.
As a result, the monetary base also decreases, since it consists of currency in circulation plus reserves held by banks. This reduction in reserves can lead to a decrease in the money supply, as banks may need to reduce their lending or seek alternative sources of funding.
Overall, the sale of government bonds by the central bank can have an impact on the economy by affecting the level of reserves, the monetary base, and ultimately, the money supply.
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aside from cash flow, appreciation, and earning passive income, what is another reason someone may want to legally invest in real estate?
One additional reason someone may want to legally invest in real estate is for the potential tax benefits. Real estate investing offers a variety of tax deductions and incentives that can help reduce an investor's overall tax burden.
For example, investors may be able to deduct expenses such as property taxes, mortgage interest, repairs, and depreciation from their taxable income. Additionally, real estate investors can often take advantage of 1031 exchanges, which allow them to defer paying taxes on the sale of a property if they reinvest the proceeds into a similar property.
These tax benefits can help investors increase their returns and grow their wealth over time. However, it's important for investors to consult with a tax professional to ensure they are properly taking advantage of all available deductions and incentives and staying compliant with tax laws.
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ishara, a general partner in a law practice, purchases a photocopier for the firm to use for business purposes. what kind of product is the photocopier?
The answer to the question is that the photocopier is considered a capital asset or equipment for the law practice.
In the context of Ishara's law practice, the photocopier is considered a capital good because it is a durable good that assists in the production of goods or services. In this case, the photocopier is used for business purposes to create copies of legal documents for clients and the firm. Capital goods are important for the functioning and productivity of a business.
The photocopier is a tangible asset that is used by the firm to conduct its business operations, such as copying legal documents and contracts. As a capital asset, it is expected to provide long-term benefits to the firm, and its value is recorded on the balance sheet as an asset. The cost of the photocopier may also be depreciated over its useful life to reflect its declining value over time.
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which term describes that legislators in texas meet for only 140 days every other year, deal with a heavy workload and receive only a small income for their work?
The term used to describe legislators in Texas who meet for only 140 days every other year, deal with a heavy workload, and receive only a small income for their work is "citizen legislature." This term refers to the fact that the Texas legislature is made up of citizens who have other full-time jobs outside of their legislative duties.
Unlike many other states, Texas has a part-time legislature where lawmakers only meet for a limited amount of time every other year. This is intended to ensure that the legislature does not become too powerful and can remain accountable to the citizens it serves. As a result of their part-time status, legislators in Texas typically receive only a small income for their work, which is intended to supplement their income from their full-time jobs. Despite these limitations, the Texas legislature deals with a heavy workload during their short sessions, and must work quickly to pass legislation that addresses the needs of the state.
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what is the estimated cost of goods sold in july if the company applies the average cost retail inventory method?
The cost of products available for sale at that stage is calculated by multiplying the average cost per item by the final inventory count. To calculate COGS, the same average cost is applied to the number of products sold in the prior accounting period.
The weighted average cost approach computes inventory value by taking the average cost of acquired goods in your available inventory and dividing it by the number of items. It is computed by dividing the cost of products on hand by the total number of units in your inventory. To apply the weighted average methodology, divide the cost of the commodities on the market by the number of units still on the shelf.
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kemper has approximately _____ associates dedicated to meeting the ever-changing needs of its customers.
Kemper has approximately 9,500 associates dedicated to meeting the ever-changing needs of its customers.
However, Kemper is a large insurance company that offers a wide range of insurance products, including auto, home, and life insurance.
As a result, it is likely that Kemper has a significant number of associates dedicated to meeting the ever-changing needs of its customers, including claims adjusters, customer service representatives, underwriters, and other professionals.
The number of associates at Kemper may also fluctuate over time based on the company's business needs and growth strategies.
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paul is the chief financial officer of a publicly owned company. paul must file reports related to stocks and bonds with the
Paul is the chief financial officer of a publicly owned company. paul must file reports related to stocks and bonds with the "Securities and Exchange Commission (SEC)".
The SEC is a federal agency responsible for regulating and enforcing federal securities laws in the United States. As a part of its role, the SEC requires companies to disclose certain financial and other information to investors, including reports related to stocks and bonds. The reports filed by Paul and his company must comply with SEC regulations to ensure accuracy and transparency in financial reporting and to protect investors from fraudulent practices.
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in which section of the workers' compensation and employers liability policy would the policy conditions be found?
The policy terms of the Workers' Compensation and Employer Liability Policy are generally found in the "Terms" section of the policy document.
This segment diagrams the terms and conditions of the protection contract, counting the commitments and obligations of both the backup plans and the policyholder.
You can cover various topics such as Reporting claims, paying premiums, surrendering and non-renewing policies, and other material terms governing the relationship between the customer and the policyholder.
It is important that policyholders carefully know the terms of insurance and understand their rights and obligations under the policy they are taking and should be very careful before signing the policy.
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What happens if you don't file or don't pay your income taxes on time?
If you don't file or don't pay your income taxes on time, you may face penalties, interest, and legal consequences.
Failing to file or pay your income taxes on time can result in various consequences, including penalties and interest charges. The IRS charges a penalty for late filing, which can be up to 5% of the unpaid taxes for each month or part of a month that the return is late, up to a maximum of 25%.
If you don't pay your taxes on time, you may face a penalty of 0.5% of the unpaid taxes for each month or part of a month that the tax remains unpaid, up to a maximum of 25%.
Additionally, interest accrues on any unpaid taxes, and the longer you wait to pay, the more interest you will owe. In severe cases, the IRS may take legal action, such as wage garnishment or seizing assets, to collect the owed taxes. Therefore, it's important to file and pay your income taxes on time to avoid these consequences.
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a suit is filed against maxi corporation, alleging that the firm committed the offense of monopolization. to determine whether maxi has monopoly power requires looking at group of answer choices only maxi's size only the relevant geographic market only the relevant product market the relevant geographical market and the relevant product market
Maxi has monopoly power requires - The relevant geographical market and the relevant product market. The Correct option is C) and D).
Monopolization refers to the unlawful process through which one business acquires the ability to dominate the market.
One must look at both the relevant product market and the relevant geographical market in which a company competes to establish whether it has monopoly power.
The appropriate product market evaluates the kind of goods or services the firm provides, whereas the relevant geographical market considers the region in which the organization works.
You can tell if a corporation has a sizable enough market share to exercise monopoly power by examining both the geography and the product markets. If a business does have monopoly power, it must answer for any anti-competitive actions it has taken.
The correct question is -
A suit is filed against maxi corporation, alleging that the firm committed the offense of monopolization. to determine whether maxi has monopoly power requires looking at a group of answer choices only maxi's size -
A) only the relevant geographic market
B) only the relevant product market
C) the relevant geographical market
D) the relevant product market
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Suppose a nation produces only two goods: pizza and soda. in 2018 20 pizzas are sold at $10 each and 10 sodas are sold at $1 each. in 2016, the base year, 10 pizzas were sold at $8 each and 10 sodas were sold at $1 each. therefore, nominal gdp in 2018 is __________ and real gdp in 2018 is __________
Real GDP in 2018 is $210, the same as nominal GDP since there was no change in prices between the base year and 2018 for sodas.
To calculate nominal GDP in 2018, we need to multiply the quantity of each good sold by its respective price in 2018 and add the two values together.
In this case, we have 20 pizzas sold at $10 each, which gives us a total of $200, and 10 sodas sold at $1 each, which gives us a total of $10. Adding these two values together, we get a nominal GDP of $210 for 2018.
To calculate real GDP in 2018, we need to adjust the nominal GDP for changes in prices between the base year (2016) and 2018. To do this, we use a price index, which measures the average price of goods and services in a given year relative to a base year. In this case, we can calculate the price index for pizzas and sodas as follows:
Price index for pizzas = (Price of pizzas in 2018 / Price of pizzas in 2016) x 100 = ($10 / $8) x 100 = 125
Price index for sodas = (Price of sodas in 2018 / Price of sodas in 2016) x 100 = ($1 / $1) x 100 = 100
To calculate real GDP in 2018, we need to multiply the quantity of each good sold by its respective price in the base year (2016) and adjust for changes in prices using the price index.
In this case, we have 10 pizzas sold at $8 each in 2016, which gives us a total of $80, and 10 sodas sold at $1 each in 2016, which gives us a total of $10. Adjusting for changes in prices using the price indexes, we get a real GDP of:
Real GDP = (Quantity of pizzas sold in 2018 x Price of pizzas in 2016 x Pizza price index) + (Quantity of sodas sold in 2018 x Price of sodas in 2016 x Soda price index)
Real GDP = (20 x $8 x 1.25) + (10 x $1 x 1) = $200 + $10 = $210
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Question 1
Assume that the equation for demand for bread at a small bakery is Qd = 60 - 10Pb + 3Y, where Qd is the quantity of bread demanded in loaves, Pb is the price of bread in dollars per loaf, and Y is the average income in the town in thousands of dollar. Assume also that the equation for supply of bread is Qs = 30 + 20Pb - 30 Pf, where Qs is the quantity supplied and Pf is the price of flour in dollar per kilogram. Assume finally that markets clear, so that Qd = Qs.
If Y is 10 and Pf is $1, solve mathematically for equilibrium Q and Pb.
If the average income in the town increases to 15, solve for the new equilibrium
Q and Pb.
Comparing your answer in (a) and (b) above, how has the increase in income
impacted the consumer and supplier behavior?
(a) Equilibrium quantity of bread demanded is 45 loaves, equilibrium price of bread is $3 per loaf. (b) Equilibrium quantity of bread demanded is 50 loaves, equilibrium price of bread is $3.5 per loaf.
The increase in average income in the town from $10,000 to $15,000 has led to an increase in the equilibrium quantity demanded of bread from 45 to 50 loaves per day, and an increase in the equilibrium price of bread from $2.50 to $3 per loaf.
Part (a):
To find the equilibrium quantity (Q) and price (Pb) of bread when Y is 10 and Pf is $1, we can start by substituting these values into the demand and supply equations and solving for Q:
Qd = 60 - 10Pb + 3Y
Qd = 60 - 10Pb + 3(10)
Qd = 90 - 10Pb
Qs = 30 + 20Pb - 30 Pf
Qs = 30 + 20Pb - 30(1)
Qs = 0 + 20Pb
Qd = Qs
90 - 10Pb = 20Pb
90 = 30Pb
Pb = 3
Next, we can substitute Pb = 3 into either the demand or supply equation to find Q:
Qd = 60 - 10Pb + 3Y
Qd = 60 - 10(3) + 3(10)
Qd = 30
Therefore, the equilibrium quantity is 30 million loaves of bread per month at a price of $3 per loaf.
Part (b):
To find the new equilibrium quantity and price when Y increases to 15, we can follow a similar process:
Qd = 60 - 10Pb + 3Y
Qd = 60 - 10Pb + 3(15)
Qd = 105 - 10Pb
Qs = 30 + 20Pb - 30 Pf
Qs = 30 + 20Pb - 30(1)
Qs = 0 + 20Pb
Qd = Qs
105 - 10Pb = 20Pb
105 = 30Pb
Pb = 3.5
Substituting Pb = 3.5 into either the demand or supply equation gives:
Qd = 105 - 10Pb + 3Y
Qd = 105 - 10(3.5) + 3(15)
Qd = 87.5
Therefore, the new equilibrium quantity is 87.5 million loaves of bread per month at a price of $3.5 per loaf.
Comparing the answers from parts (a) and (b), we can see that an increase in average income from 10 to 15 thousand dollars per town has led to an increase in both the equilibrium price and quantity of bread.
This suggests that bread is a normal good, meaning that as income increases, demand for bread increases as well. The increase in price and quantity also indicates that the bakery has been able to increase production to meet the higher demand, which suggests that the bakery may have excess capacity and is able to scale up production relatively easily.
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curtis corporation's noncallable bonds currently sell for $1,165. they have a 15-year maturity, an annual coupon of $95, and a par value of $1,000. what is their yield to maturity? a. 7.62% b. 6.87% c. 6.53% d. 7.24%
Solving for I/Y gives us approximately 6.53%. Therefore, the answer is (c) 6.53%.
To calculate the yield to maturity of Curtis Corporation's noncallable bonds, we need to solve for the discount rate that equates the present value of future cash flows (coupon payments and the par value at maturity) to the current market price of the bond.
Using a financial calculator or spreadsheet program, we can input the following information:
N = 15 (number of years to maturity)
PMT = $95 (annual coupon payment)
FV = $1,000 (par value)
PV = -$1,165 (negative because it represents an outflow)
Solve for I/Y (yield to maturity)
Solving for I/Y gives us approximately 6.53%. Therefore, the answer is (c) 6.53%.
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toombs media corp. recently completed a 2-for-1 stock split. prior to the split, its stock sold for $55 per share. the firm's total market value was unchanged by the split. other things held constant, what is the best estimate of the stock's post-split price? a. $18.33 b. $55.00 c. $27.50 d. $36.67
The best estimate of the stock's post-split price is $27.50 per share. Option C is correct.
To determine a stock's post-split price, you need to know the details of the split, such as the ratio of the split and the pre-split price. Once you have this information, you can calculate the post-split price by dividing the pre-split price by the split ratio.
Since Toombs Media Corp. completed a 2-for-1 stock split, the number of shares doubled while the total market value remained unchanged. Therefore, the post-split price can be calculated by dividing the pre-split price by 2.
Pre-split price: $55
Post-split price: $55 / 2 = $27.50
The best estimate of the stock's post-split price is $27.50. Option C holds true.
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identify the fixed expenses that would be classified as common fixed expenses when preparing a segmented income statement based on product divisions.
The president's salary, Building depreciation expense and Interest expense on corporate bonds classified as common fixed expenses. Option A, B and C are correct.
Similar to an Iou, a bond is a debt obligation. When investors purchase corporate bonds, they are lending the bond's issuing company money. In return, the business agrees legally to pay interest on the principal and typically return the principal when the bond matures or comes due.
The process of determining a corporate bond's fair value using the present value of the bond's coupon payments and principal repayment is known as corporate bond valuation. The likelihood of the bond defaulting and not repaying the principal in full is also taken into account in the valuation of corporate bonds.
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Incomplete question:
Identify the fixed expenses that would be classified as common fixed expenses when preparing a segmented income statement based on product divisions.
A. The president's salary
B. Building depreciation expense
C. Interest expense on corporate bonds
D. Division advertising
E. Division manager's salary
If the union chooses not to bring a grievance to arbitration, the individual union member is normally ____________ to pursue a lawsuit against the employer to enforce contract provisions.
If the union chooses not to bring a grievance to arbitration, the individual union member is normally allowed to pursue a lawsuit against the employer to enforce contract provisions.
However, it is important to note that pursuing a lawsuit may be costly and time-consuming, and it is generally recommended for the union and employer attempt to resolve disputes through the grievance and arbitration process first.
By agreement of the parties, a dispute is presented to one or more arbitrators through the arbitration process, who then render an official ruling on the matter. Instead of going to court, the parties choose arbitration as a private conflict settlement process.
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whether or not they pay for them, people cannot be excluded from receiving the benefits of:
A type of good that people cannot be excluded from receiving the benefits of, regardless of whether they pay for it or not. This concept is called a "public good."
Public goods have two main characteristics: non-excludability and non-rivalry. Non-excludability means that individuals cannot be effectively excluded from using the good, even if they haven't paid for it. Non-rivalry means that one person's use of the good does not diminish its availability or quality for others.Examples of public goods include clean air, national defense, and street lighting. These goods are provided to all members of a society, regardless of their ability or willingness to pay for them. Since public goods benefit everyone and cannot be restricted to only those who pay, they are often funded by taxes or government initiatives.However, public goods can also lead to what is called the "free-rider problem." This occurs when individuals take advantage of the benefits provided by a public good without contributing to its cost. The free-rider problem can result in underfunding and inadequate provision of public goods, as people may rely on others to pay for the good while still enjoying its benefits themselves.In summary, public goods are goods that cannot exclude people from receiving their benefits, regardless of whether they pay for them or not. These goods are characterized by non-excludability and non-rivalry and often require government intervention or funding to ensure their proper provision and maintenance.For more such question on public goods
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Calculate and analyze the projected profitability of the online store if the Exchange Tower store were to close for the 2020/2021 period.
For the 2020–2021 term, it looks that concentrating only on the online store and liquidating the Exchange Tower store could yield a predicted profitability of $60,000.
First, you will need to determine the average monthly sales revenue generated by the Exchange Tower store during the previous year. Let's assume this amount is $50,000 per month.
Next, you will need to estimate the potential increase in sales from the online store. Let's assume that the online store has been steadily growing at a rate of 20% per year and is projected to continue doing so. This would mean an increase in sales of approximately $10,000 per month for the 2020/2021 period.
Now, you will need to factor in the cost savings from closing the physical store. This would include rent, utilities, employee wages, and other associated costs. Let's assume these costs amount to $15,000 per month.
Taking all of these factors into account, the projected profitability of the online store, if the Exchange Tower store were to close for the 2020/2021 period, would be as follows:
Projected sales revenue from Exchange Tower store:
$50,000 x 12 months = $600,000
Projected sales revenue from the online store:
$60,000 x 12 months = $720,000
Projected cost savings from closing Exchange Tower store:
$15,000 x 12 months = $180,000
Total projected profitability:
$720,000 - ($600,000 + $180,000) = $60,000
Based on this analysis, it appears that closing the Exchange Tower store and focusing solely on the online store could result in a projected profitability of $60,000 for the 2020/2021 period. However, it is important to note that this projection is based on several assumptions and may not accurately reflect the actual results. Further analysis and adjustments may be necessary to ensure the accuracy of the projection.
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The craft store marked skeins of embroidery thread down to a quarter apiece to attract more customers into the store. this was below the store's cost. the skeins of thread was intended to be a _____________ to increase store traffic:
The craft store marked skeins of embroidery thread down to a quarter apiece to attract more customers into the store. this was below the store's cost. the skeins of thread was intended to be a loss leader to increase store traffic
The skeins of embroidery thread marked down to a quarter apiece by the craft store were intended to be a loss leader. A loss leader is a pricing strategy used by businesses to attract customers by offering a product or service below cost. The aim is to get customers into the store, hoping that they will purchase other items while they are there, making up for the loss incurred by the loss leader.
This strategy can be particularly effective in industries like crafting, where customers often need multiple supplies for their projects. By offering a product like embroidery thread at an extremely low price, the craft store is hoping to entice customers into the store where they will purchase other items as well. Loss leaders can also help businesses to establish a reputation for offering good deals, encouraging customers to return in the future.
While loss leaders can be an effective strategy for attracting customers and increasing store traffic, businesses must be careful to ensure that the loss incurred is not too great. If the loss leader strategy is overused, it can harm a business's bottom line. However, when used strategically, loss leaders can be a valuable tool for increasing sales and building customer loyalty.
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