As the price of a good increases, the consumer surplus decreases.
What is the consumer surplus?
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Consumer surplus = willingness to pay – price of the good
For example, if the highest amount a consumer is willing to pay for a pen is $10 and the price of the pen is $2, consumer surplus is $(10 - 2). If the price of the pen increases to $5, consumer surplus becomes $5 ($10 - $5).
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How much would you pay (today) for a $500,000 growing perpetuity that begins in 1 year. Assume the annual discount rate (I/Y) of 5.5% and a 1.00% annual growth in the perpetuity payment that you will receive.
The amount of cash payable for the growing perpetuity today is $11,111,111.11
What is a growing perpetuity?
A growing perpetuity is an investment opportunity that pays its holder cash flows on periodic basis, such that the subsequent cash flows grow at a constant rate forever.
The present value of the growing perpetuity means the amount that needs to be paid today in order to be entitled to the annual cash flows that grows at the constant rate forever.
The formula for the present value formula of a growing annuity is as below:
PV=D1/(r-g)
D1=first cash flow=$500,000
r=discount rate=5.5%
g=growth rate=1.00%
PV=$500,000/(5.5%-1.00%)
PV=$11,111,111.11
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When a manufacturing company has a highly automated manufacturing plant producing many different products, what is probably the most appropriate basis of applying overhead costs to work-in-process
Answer: Machine Hours
Explanation:
Net income divided by net sales is the: Multiple Choice Current ratio. Profit margin ratio. Total asset turnover ratio. Days' sales in inventory ratio. Return on total assets ratio.
Net income divided by net sales is the Profit margin ratio.
Profit margin, which is calculated by dividing income by revenues, effectively measures how profitable a firm or commercial activity is.
Profit margin, expressed as a percentage, shows how many cents of profit were made for every dollar of sales.
Although there are other kinds of profit margins, the net profit margin is the most important and widely used one.
This is the company's bottom line after all other costs, such as taxes and one-time expenses, have been subtracted from revenue.
Creditors, investors, and businesses themselves utilize profit margins as gauges of a company's financial stability, management aptitude, and potential for expansion.
When comparing the numbers for various businesses, care should be given because normal profit margins vary by industry area.
Hence, Net income divided by net sales is the Profit margin ratio.
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What is the engagement of presenting in the form of financial statements information that is the representation of management without undertaking to express any assurance on the statements?
It gives users limited assurance on the accuracy or correctness of financial statements is the engagement of presenting in the form of financial statements information that is the representation of management without undertaking to express any assurance on the statements.
An audit engagement is a type of engagement that provides a limited level of assurance that a company's financial statements comply with applicable accounting standards. It gives the user a limited warranty as to the correctness or correctness of the financial statements.
As part of its compilation, management is responsible for the preparation and presentation of the annual financial statements. Auditors who provide preparation services must have sufficient industry experience and client knowledge to prepare financial statements.
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________ is the public relations function which involves reacting to negative events.
The answer is damage control.
The public relations officer's job is not to enlighten the public about the employer, but to feed the public information that will positively impact the public in favor of the business. They twists and manipulates the material to give a favorable impression. When a public relations officer shows the public a half glass, the is task is to persuade them that the glass is half-full, not half-empty. When the general public loves, respects, and trusts an individual or corporation, it is simpler for them to acquire what they desire.
One of the responsibilities of a public relations department is damage control, which is reducing the negative impact of an incident or set of events.
Therefore, the answer is damage control.
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GOVERNOR REAGAN: Mr. Ellis, I think this idea that
has been spawned here in our country, that inflation
somehow came upon us like a plague and therefore it's
uncontrollable and no one can do anything about it, is
entirely spurious, and it's dangerous to say this to the
people. When Mr. Carter became President, inflation was
4.8 percent, as you said. It had been cut in two by
President Gerald Ford. It is now running at 12.7 percent.
President Carter also has spoken of the new jobs created.
.. But that can't hide the fact that there are 8 million men
and women out of work in America today, and 2 million
of those lost their jobs in just the last few months. Mr.
Carter had also promised that he would not use
unemployment as a tool to fight against inflation. And
yet, his 1980 economic message stated that we would
reduce productivity and gross national product and
increase unemployment in order to get a handle on
inflation, because in January, at the beginning of the
Intro]
Which claim of President Carter's does Reagan refute
in this excerpt?
President Carter's policies have led to an improved
economy.
O Rising oil prices worldwide can negatively affect
inflation rates in the United States.
Inflation rates have risen too high and are hurting
the American consumer.
There are policies that can be enacted by the
president to curb rising inflation.
Done
The claim of President Carter's that Reagan refute in this excerpt is D. There are policies that can be enacted by the president to curb rising inflation.
What is a claim?It should be noted that a claim simply means the stance of an author or individual regarding a literary work.
Here, the man idea in the excerpt is simply about inflation and how it can be curbed.
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Answer: A.) Carter fails to provide evidence for how his new policies will decrease inflation.
More than one-third of the revenues in the texas budget each year come from federal dollars that flow into the state to be primarily used in which areas?
More than one-third of the revenues in the Texas budget each year come from federal dollars that flow into the state to be primarily used in areas that include grants, payments, and reimbursements.
The Texas budget includes federal funds for programs for public assistance. Direct payments to people from the federal government. Vendor payments for completing federal contracts wages given to federal workers who are employed in the state.
Tax receipts, license fees, federal assistance, and investment returns provide for the majority of revenues. Spending on government salaries, transportation, infrastructure, public assistance, public pensions, education, Medicaid, and corrections are a few examples of expenses.
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The certified union for a bargaining unit is granted an exclusive right under the NLRA to represent: Question 10 options: All non-management employees within the company. All union employees. Only employees of a particular skill (craft union) or work (industrial union) All employees in that unit, union, or nonunion
The Correct Answer is (c) Only employees of a particular skill (craft union) or work (industrial union) which is Option C.
Craft unions organize workers along occupational lines and Industrial unions join everyone who works for one employer, or one industry, into one union
The certification process formalizes the collective bargaining relationship. Once a union is certified for a group of employees, the union becomes their exclusive bargaining agent. Unless the bargaining unit is later decertified, the employer is required to bargain in good faith to reach a collective agreement.
What is NLRA and its purpose.?National Labor Relations Act - The NLRA protects workplace democracy by providing employees at private-sector workplaces the fundamental right to seek better working conditions and designation of representation without fear of retaliation.The NLRA applies to most private sector employers, including manufacturers, retailers, private universities, and health care facilities.To know more about NLRA, check the given link.
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Correct Question - The certified union for a bargaining unit is granted an exclusive right under the NLRA to represents
A) All non-management employees within the company
B) All union employees
C) Only employees of a particular skill (craft union) or work (industrial union)
D) All employees in that unit, union, or nonunion
Amplify, Inc. was sued by Sound City for $50,000. Sound City feels very confident that it will win the case and will be awarded the full amount. Amplify, Inc. feels it is probable that it will lose the case and pay Sound City the full amount. Which of the following is correct
The correct option is (D) Amplify, Inc. would record a loss and contingent liability for $50,000, and Sound city would record nothing.
What is Sue?To take legal action against a person or organization, particularly by filing a legal claim for monetary damages as a result of some injury they have caused you.Example: He was so enraged by the letter's charges that he threatened to sue.Option A is correct, but not when compared to option D.
Option D appears to be the best solution.
Therefore, the correct option is (D) Amplify, Inc. would record a loss and contingent liability for $50,000, and Sound city would record nothing.
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Correct answer:
Amplify, Inc. was sued by Sound City for $50,000. Sound City feels very confident that it will win the case and will be awarded the full amount. Amplify, Inc. feels it is probable that it will lose the case and pay Sound City the full amount. Which of the following is correct?
(A) Amplify, Inc. would record a loss and contingent liability for $50,000.
(B) Sound city would record a gain a lawsuit receivable for $50,000.
(C) Sound city would record nothing.
(D) Amplify, Inc. would record a loss and contingent liability for $50,000, Sound city would record nothing.
Cameron is expected to produce 550 parts per day, but his machine is capable of only 480. He is also expected to supervise six workers and make sure they have all the materials they need to perform their duties. Cameron is likely to experience ________.
Cameron is expected to produce 550 parts per day, but his machine is capable of only 480. He is also expected to supervise six workers and make sure they have all the materials they need to perform their duties. Cameron is likely to experience role overload.
Role overload is a specific stressor that reflects the perception that the demands of a job role exceed an individual's resources (Eatough et al., 2011). Therefore, role congestion can lead to resource exhaustion. This is a phenomenon that can be understood through a COR lens.
Role overload occurs when a person plays multiple roles at the same time and does not have the resources to perform them. It can develop not only from being mentally overwhelmed but also from being overwhelmed with time.
For example, if an employee leaves the company, it may be necessary to temporarily expand the role of another employee to accommodate the absence of the absent employee.
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Grace wants to work with clients who are interested in time-shares. What property type will she be dealing with
To work with clients interested in time-shares, Grace can handle the recreational property.
What is a recreational property?Corresponds to a property controlled by a government agency that is intended for leisure and recreation activities, such as parks and ecological reserves, where individuals can make visits for the purpose of entertainment, education or fun, during a vacation, for example.
This type of property is intended for the leisure of the population, and may be charged a fee for maintenance of the area or have free entry.
Another category of recreational property is properties used periodically for leisure purposes, such as houses rented for summer seasons.
Therefore, as Grace is interested in working with clients interested in time-shares, the ideal recreational property for her to work with would be vacation properties, which are shared properties for periodic use at different times.
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The manipulation check is advantageous if ________. the results obtained are nonsignificant single-blind procedures are used double-blind procedures are used the demand characteristics are minimal
Answer: advantageous
Explanation:
Net operating profit after tax (NOPAT) includes operating revenues less expenses such as: Select one: a. All of these answers b. Cost of goods sold (COGS) and taxes on operating income and Selling, general and administrative expenses (SG
The correct answer is F
We get net operating profit after tax as follows :
Operating revenue
(-) Cost of goods sold (COGS)
Gross profit
(-) Selling, general and administrative expenses (SG&A)
Operating income
(-) Taxes on operating income
Net operating profit after tax (NOPAT)
Thus, as we can see from operating revenue we have deduced the items given in options A, B & C.
Hence the correct answer is F
Internet working income after taxes (NOPAT) represents an agency's earnings that might be distributed to its shareholders if it had no debt. In other phrases, it is the amount of cash income left over in any case working expenses and taxes have been paid for the yr.
Gross earnings are the profits of the organization left after paying off the direct costs. Operating income is the income of the organization left after paying off running expenses. Net income is the residual income left with the agency in any case deductions.
Running profit is the whole earnings and enterprise generates from sales after paying off all working costs, such as lease, worker payroll, equipment, and stock fees. The running earnings parent excludes profits or losses from interest, taxes, and investments.
The question is incomplete. Please read below to find the missing content.
Net operating profit after tax (NOPAT) includes operating revenues and fewer expenses such as
A) Cost of goods sold (COGS)
B) Taxes on operating income
C) Selling, general and administrative expenses (SG&A)
D) After-tax earnings from investments and interest expenses
E) All of the above
F) A, B and C only
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A ______ typically provides information so that an organization can make a decision about a product, procedure, or policy.
A proposal typically provides information so that an organization can make a decision about a product, procedure, or policy.
A project proposal is that written document which outlines everything that the stakeholders must know about a project, which includes its timeline, objectives, budget and goals. Project proposal summarizes the project details and sell idea of project so that stakeholders feel inclined to get involved in the initiative.
The project proposal works as the working document between the agency and the client before the starting of the project. Thus, the project proposal defines the objectives and the requirements of a project for the third party. For the internal party, it is that method which analyzes the feasibility and profitability of the project.
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Martin puts his weekly paycheck into his checking account. in which column should he write the value of his paycheck?
The value of his paycheck is : Deposits.
What is Checking Account ?A checking account is a deposit account held at a financial institution that allows withdrawals and deposits.
A checking account is a bank account where members can withdraw and deposit money with ease of access. It is mostly used for bill payments and for making personal financial transactions .A checking account allows for check deposits and debit card transactions.
Money can be deposited at banks and via automated teller machines (ATMs), through direct deposit or other electronic transfer. Account holders can withdraw funds via banks and ATMs, by writing checks, or by using electronic debit or credit cards paired with their accounts.
It’s important to keep track of checking account fees, which are assessed for overdrafts. Some banks also require you to keep the account balance above a required amount.
Therefore, we can conclude that the correct option is A.
Your question is incomplete, but most probably your full question was:
Martin puts his weekly paycheck into his checking account. In which column should he write the value of his paycheck?
a. Deposits
b. Balance
c. Debit
d. Check number
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Answer:
A. Deposits
Explanation:
Did the test
E-d-gE
This video describes how software products often interject pop-up warnings to help you make mindful decisions with your work. Which of the following attributes of experience design does this example best illustrate
The attribute of experience design which the given example illustrates is of friction and flow - sequence and structure.
What is designing?It is the procedure of conceptualizing and organizing the production of things, interactive systems, structures, vehicles, etc. Users are at the center of the design thinking process, making it user-centered. It involves developing solutions to meet needs or solve problems for individuals, tangible objects, or more abstract systems.What is Experience design?An approach called experience design can be used to design any experience, from creating inventive new goods to creating marketing messages or even workplace policies that improve employee encounters.The process of ideation, testing, and iteration to improve the experience begins with a thorough understanding of the individual or persons you are building an experience for. This serves as the "ground zero" for all decisions made.In interface design, friction and flow are two ideas that help users complete tasks by either preventing errors or encouraging them to do so. It's crucial for designers to use both as needed throughout the user journey.
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Marketing dashboards display information in numerical formats and offer subjective feedback about initiatives and results.
false, Marketing dashboards do not display information in numerical formats and offer subjective feedback about initiatives and results.
A marketing dashboard is a visual representation of the data that is most crucial for monitoring important marketing KPIs and achieving one or more marketing goals. Top level marketing reports are compiled and organised on one page so that the data can be viewed quickly.
It also serves as the building block on top of which more intricate marketing analytics are performed. The amount of data that marketers may now evaluate has multiplied as a result of the growing ubiquity of digital media. Sorting out valuable figures from useless ones and excellent data from bad data is more crucial than ever.
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After an investigation by the DBPR, if the complaint is not dismissed and no ESO is issued, what happens next
After an investigation by the DBPR, if the complaint is not dismissed and no ESO is issued, a hearing is held. This is further explained below.
What is the investigation?Generally, investigate formally or systematically examine or study something or someone.
In conclusion, An ESO hearing is conducted after an inquiry by the DBPR if no ESO is granted.
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When Michael writes a $100 check to John and John deposits the check, Michael's bank ________ assets of $100 and John's bank ________ liabilities of $100.
Answer:
loses; gains
Explanation:
Firms that are able to effectively exploit their core competencies usually more easily achieve:
Firms that are able to effectively exploit their core competencies usually more easily achieve one of the main reasons why supply chain relationships are so important is the cost advantage or disadvantage that can be gained or lost within the supply chain, directly affecting a company's bottom line. i.e. their profit or loss.
A corporation is a community for short, a legal entity that is a collection of people with a specific purpose, natural, legal, or a mixture of both. Company members have common goals and work together to achieve specific goals.
A company is a legal entity formed by a group of individuals to conduct and operate a commercial or industrial business. A company may be organized in various ways for tax and financial liability purposes, depending on the corporate law of its jurisdiction.
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Clam Corp. issues 1,000 shares of $10 par value preferred stock and 3,000 shares of $1 par value common stock for $48,000
The Paid In Capital--Excess of Par, common stock is $25,800.
What is Paid-In Capital in Excess of Par Mean?Paid in capital in excess of par is essentially the difference between the fair market value paid for the stock and the stock’s par value. In other words, it’s the premium paid for an appreciated stock. Paid in capital in excess of par is created when investors pay more for their shares of stock than the par value.
Solution-
The relative market value of the common stock is:
common stock = 30,000/50,000 * $48,000 = $28,800
less the $3,000 par value of common stock
common stock = $28,800 - $3,000
common stock = $25,800
Therefore, we can conclude that the The Paid In Capital--Excess of Par, common stock is $25,800.
Your question is incomplete, but most probably your full question was:
Clam Corp. issues 1,000 shares of $10 par value preferred stock and 3,000 shares of $1 par value common stock for $48,000. The fair value of the preferred stock is $20 per share, and the fair value of the common shares is $10 per share. What is? the amount allocated to the Paid In Capital--Excess of Par, common stock
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What is the minimum monthly gross income you need to be able to afford the above and still save $100 a month? set all to zero except:_______. medicare $100, internet $50, telephone $50. food $600.
What is the minimum monthly gross income you need to be able to afford the above and still save $100 a month set all to zero except $800-$999 medicare $100, internet $50, telephone $50. food $600.The amount paid to an employee in a month before taxes or other deductions is known as gross monthly income.
The amount is specified in both job offer letters and paychecks. Overtime, bonuses, and commissions are all possible sources of additional gross monthly income. Gross pay is related. Your gross income will also help you budget and figure out how much money you'll have to save for retirement.
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APV and WACC are similar in that they reflect the tax benefit of Blank______. Multiple choice question. leverage relocation equity waiting
APV and WACC are similar in that they reflect the tax benefit of leverage.
How to illustrate the information?It should be noted that the adjusted present value (APV) is used to value a project.
The weighted cost of capital (WACC) implies the rate at which a company is expected to pay all its security holders in order to finance its assets.
In conclusion, APV and WACC are similar in that they reflect the tax benefit of leverage.
Complete question:
APV and WACC are similar in that they reflect the tax benefit of ...........
a. leverage
b. relocation
c. equity
d. waiting
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Who is responsible for governing a condominium?
__________________ is the technique where a manufacturer sends individual components (rather than assembled units) to a distributor.
Channel assembly is the technique where a manufacturer sends individual components (rather than assembled units) to a distributor.
What is Channel assembly?Channel assembly serves as the means whereby the manufacture send his product in different entity to the other distributors, this is different from sending in bulks.
This medium uses smaller units , hence, Channel assembly is the technique where a manufacturer sends individual components (rather than assembled units) to a distributor.
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All of the following are true about General Data Protection Regulation (GDPR) except: a.GDPR does not cover EU employees b.GDPR is a set of data privacy requirements that apply across the European Union c.GDPR covers organizations that market to or process information of EU end users d.GDPR covers organizations that market to or process information of EU customers
All of the following are true about General Data Protection Regulation (GDPR) except: b.GDPR does not cover EU employees
What is General Data Protection Regulation?General Data Protection Regulation is a regulation which laydown rules and regulations a person or an individual who want personal data or information from a person who based in European Union must follow.
Hence, the following are true about General Data Protection Regulation:
GDPR does not cover EU employeesGDPR covers organizations that market to or process information of EU end users GDPR covers organizations that market to or process information of EU customersLearn more about General Data Protection Regulation here:https://brainly.com/question/27416494
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2 Describe the education as the measure base of Occupation and clarify the relation between occupation and education.
Answer:
Several studies have been carried out to examine the association between education and occupation. These studies were useful for the purpose of intervention and policy making. In this study we examined the relationship between education factor, which includes three indicators: the percentages of population who achieved (primary, secondary and tertiary) and occupation factor (CLASS1, CLASS2 and CLASS3) using fully and partially latent models. The data were collected from the information of 81 districts based on the census conducted in peninsular Malaysia in 1995. The goodness of fit indexes for assumed models were examined. We didn't find significant relationship between educational achievement and occupation factor.
Which component is more likely to be biased if book values are used in the calculation of wacc rather than market values?
Common Stock is more likely to be biased if book values are used in the calculation of WACC rather than market values.
How Does Common Stock Work?Security called common stock serves as a proxy for a company's ownership. Common stockholders decide on corporate policies and elect the board of directors. Usually, long-term returns from this type of stock ownership are higher.
Common shareholders, however, do not have any rights to a company's assets in the case of liquidation until all bondholders, preferred shareholders, and other debt holders have been fully compensated. On a company's balance sheet, common stock is listed under stockholders' equity.
How Do I Cast a Ballot Using Common Stock at Corporate Meetings?
Ordinary common shares typically have one vote per share, giving shareholders the ability to cast a ballot on corporate decisions, which are frequently made at a company's annual meeting of shareholders. If you're unable to vote in person, you can choose to have a representative vote on your behalf if you choose (along with others who cannot attend).
Votes may be taken on matters like whether to merge with or purchase a business, elect board members, or consent to dividends or stock splits.
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rbs A non-profit organization has obtained a temporary daily on-sale license for a fundraiser. Who within the organization has to be RBS certified
A non-profit organization has obtained a temporary daily on-sale license for a fundraiser. The individual in the organization that has to be RBS certified is anyone or staff who serves drinks.
What is Responsible beverage service?Responsible beverage service (RBS) is the training given to individual who could be staff of an organization or owners of businesses that sell and serve alcohol.
The knowledge and skills needed to succeed in the business is given for legal requirements.
Therefore,
A non-profit organization has obtained a temporary daily on-sale license for a fundraiser. The individual in the organization that has to be RBS certified is anyone or staff who serves drinks.
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A CPA can accept a gift from a client as long as: Group of answer choices Adequate internal controls exist in the client entity to ensure gifts are made without any pre-conditions Adequate safeguards exist to prevent any threats to compliance with the Integrity and Objectivity rule The amount is below what is considered to be a material payment Audit services are not provided to the client
In order for a CPA to accept a gift from a client, Adequate safeguards exist to prevent any threats to compliance with the Integrity and Objectivity rule
When can a CPA take a gift from a client?A Certified Public Accountant (CPA) is someone who has to abide by the highest ethics in the accounting profession so as to protect the integrity of financial statements and the accounting profession in general.
A CPA can therefore not be seen to be influenced by their client in a way that brings bias such that financial statements cannot be trusted. One way this can happen is if the CPA accepts a gift from the client.
To avoid this, the gift accepted must be in line with integrity and objectivity rules that ensure that the independence of the Certified Public Accountant (CPA) is protected.
In conclusion, a Certified Public Accountant (CPA) can accept a gift if Adequate safeguards exist to prevent any threats to compliance with the Integrity and Objectivity rule
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