Answer:
All buyers and sellers
Explanation:
A competitive market is a market where there are lots of producers who produces goods and service hence compete with one another with a view to providing and supplying goods and services that suits the needs of consumers.
In a competitive market, there are no barriers to entry and exit. Also, there are many buyers and sellers, hence there is adequate information about the price of a product. There are also no cost attached to transactions, undifferentiated products and both buyers and sellers determines the quantity of a product produced and the price of the product.
The downward slope of a demand curve illustrates the pattern that as ________ decreases, ________ increases.
A person working under the direct supervision of a licensed broker specializing in property management:
Answer: Must be a liscened real estate sales person
Explanation:
A liscened real estate sales person acts on behalf of a broker, where they
help clients in buying, selling or renting properties. They help guide them through the process of finalizing purchases or sales.
Hank's Tax Planning Service started business in January 2016. The company rented an office for $1,800 per month starting from January 1, 2016. On that day, Hank prepaid the rent through June 30. The company makes adjusting entries at the end of each month. What is the balance in the Prepaid Rent account as of April 30, 2016?
Answer:
$3,600
Explanation:
Rent per month is $1800
The company prepaid rent for six months. The amount paid was
=$1800 x 6
=$10,800
Between Jan and April 30, the company has made four adjustments to cater for the four months.
Total amount adjusted
=$1800 x 4
=$7,200
The balance will be
=$10,800 - $7,200
=$3,600
15. You have just purchased a car and taken out a $50,000 loan. The loan has a 5-year term with monthly payments and an APR of 6%. How much will you pay in interest, and how much will you pay in principal, during the first month and second month
Answer:
find answers below
Explanation:
First and foremost, we need to determine the payment on a monthly basis in order to proceed further as shown thus:
PV(loan amount)=monthly payment*(1-(1+r)^-n/r
loan amount=$50,000
the monthly payment is the unknown
r=monthly interest rate=6%/12=0.5%
n=number of monthly payments in 5 years=5*12=60
50,000=monthly payment*(1-(1+0.5%)^-60/0.5%
50,000=monthly payment*(1-(1.005 )^-60/0.005
50,000=monthly payment*(1-0.74137220 )/0.005
50,000=monthly payment*0.25862780 /0.005
monthly payment=50,000*0.005/0.25862780 =$966.64
first month:
amount paid $966.64
interest=0.5 %*$50,000=$250
principal paid=monthly payment-interest=$966.64-$250=$716.64
loan balance=$50,000-$716.64=$49,283.36
second month:
amount paid $966.64
interest =0.5%*$49,283.36=$246.42
principal paid=$966.64-$246.42 =$720.22
If a household's income rises by 30%, its budget constraint will A) shift out parallel to the old one. B) pivot at the Y-intercept. C) shift in parallel to the old
Answer:
the answer is A i think
Explanation:
doo u see abs?????????????????????????????
Answer:
nah and yah
Explanation:
Answer:
. . . im scared. . .
Explanation:
A meat processing plant produces both steak and ground beef. What effect would rising market prices for steak have on the market for ground beef
Answer:
The supply of ground beef will decrease
Explanation:
Here are the options to this question :
The supply of ground beef will increase.
The supply of ground beef will decrease.
There will be an increase in the quantity supplied of ground beef.
The supply of steak will decrease.
An increase in the price of steak would lead to an increase in quantity suoplied of steak. As a result of an increase in supply of steak, more steak would be produced. As a result, less of ground beef would be produced and supplied. This would lead to a leftward shift of the supply curve for ground beef
The market price of particular product can be increased due to various factors incurred in the market and that mainly include competition factor. Due to rise in the price of steak, market for ground beef would be effected.
Steak and ground beef
With the effect of rising market prices for steak have on the market for ground beef, in this case, "the supply of steak will increase."
An increase in the price of steak would lead to an increase in quantity supplied of steak. As a result of an increase in supply of steak, more steak would be produced. As a result, less of ground beef would be produced and supplied. This would lead to a leftward shift of the supply curve for ground beef.
Learn more about beef market, refer to the link:
https://brainly.com/question/26172014
Stock Z has an expected return of 12% with a standard deviation of 8%. If returns are normally distributed, then approximately two-thirds of the time the return on stock Z will be Group of answer choices between 12% and 20%. between 4% and 20%. between 8% and 12%. between -4% and 28%.
Answer:
between 4% and 20%
Explanation:
Given that :
Expected return = 12%
Standard deviation = 8%
The return on stock Z can be calculated thus
Interval = expected return ± standard deviation
Lower boundary = 12% - 8% = 4%
Upper boundary = 12% + 8% = 20%
Hence, return on stock Z will be between 4% and 20%
Oriole Corporation acquired a patent on May 1, 2020. Oriole paid cash of $81000 to the seller. Legal fees of $1400 were paid related to the acquisition. What amount should be debited to the patent account
Answer:
$82,400
Explanation:
Calculation for What amount should be debited to the patent account
Using this formula
Patent account=Cash+Legal fees
Let plug in the formula
Patent account=$81,000+$1,400
Patent account=$82,400
Therefore the amount that should be debited to the patent account is $82,400
Vaughn Manufacturing purchased machinery for $980000 on January 1, 2017. Straight-line depreciation has been recorded based on a $56500 salvage value and a 5-year useful life. The machinery was sold on May 1, 2021 at a gain of $20000. How much cash did Vaughn receive from the sale of the machinery
Answer:
selling price= $199,633
Explanation:
First, we need to calculate the book value at the moment of the sale:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (980,000 - 56,500) / 5
Annual depreciation= $184,700
Accumulated depreciation= (4*184,700) + (184,700/12)*4
Accumulated depreciation= $800,367
Book value on May 1st:
Book value= purchase price - accumulated depreciation
Book value= 980,000 - 800,367
Book value= $179,633
Now, if the company makes a profit, the selling price was higher than the book value:
Gain= selling price - book value
20,000= selling price - 179,633
selling price= $199,633
A company decides to close down its plastics division. It has on hand 20 tons of styrene monomer, a raw material that has a market price of $800 per ton, which had been originally purchased at $750 per ton. Given that the company has no use for the styrene monomer, and that it would cost the company $5200 to store it, what is the total value of the 20 tons of styrene monomer to the company
Answer:
$16,000
Explanation:
With regards to the above information, we are only concerned with calculating the value of 20 tons of styrene to the company, hence other information are not relevant.
The total value of the 20 tons of styrene monomer to the company would be ;
= 20 tons of styrene monomer × Market price of styrene monomer per ton
= 20 × $800
= $16,000
You have just won the lottery. You have two payout options. First, you can agree to take 30 equal annual payments, with the first payment to be made today at Year 0 and the last payment to be made at Year 29. Alternatively, using an effective annual rate of 6.0 percent, the lottery is willing to convert the annual payments into an equivalent lump sum payment today of $7,295,360.51. You have no immediate need for this money and plan to simply invest and hold the money until Year 45, and believe that you can earn an effective annual rate of 9.75 percent over each of the next 45 years. Looking at your possible ending values at Year 45, you should be able to determine that you will be better off taking the lump sum value today rather than taking the yearly cash flows. Given this information, determine the difference in dollar values at Year 45 between the two options.
Answer:
The difference in dollar value between option 2 (taking yearly cash flows) and option 1 (taking a lump sump) is USD 490,959,268.96. Therefore, you are better off with taking yearly cash flows which you can invest in a rate of 9.75% to get a larger sum of money at Year 45
Explanation:
Solving this is relatively simply. All you have to do is calculate the dollar amount available to you 45 years later under each of the two options.
So, in option 1, you have 7,295,360.51 available today. Using the future value formula, i.e FV= PV x (1+r)^n.
Where PV is equal to 7,295,360.51
R is equal to 9.75%
N is equal to 45
You will have USD 480,010,302.91 at year 45.
Now the calculation for option 2 is slightly lengthier.
First we calculate the total value of the lottery. We have the present value, the interest rate and the number of periods. Again, we use the FV formula and calculate value at year 30 as 41,900,838.69. We used this calculation because that's how the lottery calculated the figure of 7.3 Mn as todays lump sum amount. All they did was discount the lottery amount 30 years at a rate of 6%. We used the same formula to derived the lottery sum that they used.
Now, we will get equal installments each year up till year 29 which means (just divide the lottery amount by 30 years) we will get USD 1,396,694.62 each year till year 29. For each year's cash flow, we will calculate the future value at year 45. The formula will remain the same. Only the number of periods will change. So for example, at year 0, we will use the number of periods in our FV formula as 45. Whereas at the last installment date i.e. year 29, we will use 16 as the number of periods left till year 45. Once we have values for all periods, simply sum them up which will produce a value of USD 970,969,571.87 which is the the sum available to us in option 2.
As we can see, simply subtract the sum in option 1 from option 2 which indicates that we are better off under option 1 by a whopping USD 490 Mn!
Choose a real or made up company abd desvribe at least 3 variable costs the company has.
Answer:
The three main variable costs of any company are:
Raw materials or components that are proportional to the number of units produced. For example, if you need 2 pounds of materials to produce 1 unit of good X and you produce 100 units, your total materials will be 200 pounds.
Direct labor which is proportional to the number of hours worked. For example, if you need 0.5 hours of labor to produce 1 unit of good X and you produce 100 units, your total direct labor will be 50 hours.
Sales commissions which are paid as a percentage of total sales closed by your salesforce. For example, each salesperson earns $10 per unit of good X sold, and 100 units are sold, the salesperson will earn $1,000.
Answer:
Dominos is a company that has many variable costs. Some examples include flour, cheese, and tomatoes.
Explanation:
If Orange, Inc. uses direct labor hours to assign overhead, the unit product cost for Product X will be: $180.00. $80.00.
Answer:
$24,200
Explanation:
Hie, i have attached the full question as images below
When determining Product Costs we consider all Manufacturing Costs of a Product. This means we Consider both the Variable Manufacturing Costs such as Direct Materials and Direct Labor as well as Fixed Manufacturing Costs such as Lighting and Water.
The Fixed Costs are not traced directly to Products so we allocate them using surrogates (or cost drivers) in our case, we have been instructed to use direct labors to assign overheads (Fixed Costs)
Calculation of Product Cost for Product X
Direct Materials $6,600
Direct Labor $4,600
Overheads ($264,000 /2,000 x 100) $13,200
Total $24,200
In May of 2018, Raymond Financial Services became involved in a penalty dispute with the EPA. At December 31, 2018, the environmental attorney for Raymond indicated that an unfavorable outcome to the dispute was probable. The additional penalties were estimated to be $764,000 but could be as high as $1,158,000. After the year-end, but before the 2018 financial statements were issued, Raymond accepted an EPA settlement offer of $888,000. Raymond should have reported an accrued liability on its December 31, 2018, balance sheet of:
Answer:
$888,000
Explanation:
Contingent liabilities must only be recorded in the financial statements if they are likely probable and they can be quantified. If they are only possible, or they cannot be quantified, then they must be disclosed but not recorded. If they are not possible to happen, then nothing should be done.
In this case, the agreement was reached before the financial statements were finished, adjustments are always made after December 31. So, the balance should include this agreement since it is both probable and it includes a definite quantity.
You are thinking about investing in a mine that will produce $10,000 worth of ore in the first year. As the ore closest to the surface is removed it will become more difficult to extract the ore. Therefore, the value of the ore that you mine will decline at a rate of 8% per year forever. If the appropriate interest rate is 6%, then the value of this mining operation is closest to:
Answer:
$71,428.57
Explanation:
we can use the perpetuity formula to solve this question:
present value = future cash flow / (discount rate - g)
future cash flow = $10,000discount rate = 6%g = growth rate = -8%present value = $10,000 / (6% - - 8%) = $10,000 / 14% = $71,428.57
The value of the mining operation is closest to $71.429
The cash flow here = $10000
The decline rate of growth = -8% per year
The interest rate = 6%
The formula that is used to get the value of mining operation is given as:
[tex]Value of MiningOperation=\frac{CashFlow}{Rate-Growth}[/tex]
[tex]Value of mining = \frac{10000}{0.06-(-0.08)} \\\\= \frac{10000}{0.06+0.08} \\\\=\frac{10000}{0.14} \\\\= $71.428.6[/tex]
Therefore The value of the mining operation is closest to $71.429
Read more on https://brainly.com/question/21437864?referrer=searchResults
A firm that decides to emphasize those goods with the highest contribution margin per unit may have made an incorrect decision when the company: is highly automated. has a high level of sunk costs. has capacity constraints in the form of limited resources. has excess capacity. has a high fixed-cost structure.
Answer:
Has capacity constraints in the form of limited resources
Explanation:
When the company has capacity constraints in the form of limited resources they should prioritize those goods with highest contribution margin per unit of the limiting factor instead of goods with the highest contribution margin per unit. This ensures that resources are distributed first to where they are more profitable.
Therefore, A firm that decides to emphasize those goods with the highest contribution margin per unit may have made an incorrect decision when the company has capacity constraints in the form of limited resources.
What was the major financial difference between post-World War II borrowers and borrowers after 1970
Answer: Borrowers after 1970 had more debt due to lower paying jobs
Explanation:
After the second world war, the world underwent a period of economic growth especially in the United States. The government was spending massive amounts on the economy and companies were investing to take advantage of an economy with very high consumption.
This led to higher paying jobs for citizens who were able to borrow money knowing that they had the capacity to pay back.
This changed after 1970 because the jobs became less lucrative than before. People however kept borrowing even though they could not afford it as much leading to a general rise in consumer debt.
The Great Depression have an effect on the credit industry. The major financial difference between post-World War II borrowers and borrowers after 1970 is that;
Borrowers post WWII were known to have borrowed in the midst of prosperity. Financial institutions were known to also lent more money and borrowers paid it back. Borrowers after 1970 still borrow as their parents had done, but they did not have to postwar period's well paying jobs and as such did not all pay back.
During the Great Depression of the 1930s, a lot of banks did folded up and there was a lot of robbing of millions of Americans people of their savings.
Savings in banks then were said to be never insured, and as a result of this, more people and businesses tried to withdraw their funds fast as banking crisis grew up.
Learn more about financial difference from
https://brainly.com/question/10295065
A term that means that business damages and/or debts can also be attached to the personal assets of the owners is ______ liability.
Answer:
The answer is unlimited
Explanation:
Unlimited liability happens in a situation where the business cannot be diffentiated from its owners like sole proprietorship.
This type of liability assumes full legal responsibility of all business debts i.e it is required by law for the owner to pay all debt obligations as there is no distinction between the business and the owner.
Zwick Company bought 21,500 shares of the voting common stock of Handy Corporation in January 2018. In December, Handy announced $201,500 net income for 2018 and declared and paid a cash dividend of $3 per share on all 203,500 shares of its outstanding common stock. Zwick Company's dividend revenue from Handy Corporation in December 2018 would be:
Answer:
$64,500
Explanation:
Shareholders are entitled to returns they have made in companies through dividends
Zwick Company is a shareholder in Handy Corporation and hence also received its dividends returns amongst other Zwick Company investors.
Zwick Company's dividend revenue will be calculated as :
Dividend Revenue = Dividend Payout Ratio × Number of Share held on date of announcement
= $3 × 21,500 shares
= $64,500
Therefore, Zwick Company's dividend revenue from Handy Corporation in December 2018 would be $64,500
Is the following syllogism valid? No Internet service provider is a small business. Some businesses in our town are small businesses. Some businesses in our town are not Internet service providers.
Answer: E. Yes, regardless of whether we take the traditional or modern view of existential import.
Explanation:
The options are:
a. There is not enough information to determine the answer.
b. No, regardless of whether we take the traditional or modern view of existential import.
c. Yes if we take the traditional view of existential import, but no if we take the modern view.
d. Yes if we take the modern view of existential import, but no if we take the traditional view.
e. Yes, regardless of whether we take the traditional or modern view of existential import.
A syllogism is a reasoning that is formed when a conclusion is being drawn based on two given propositions.
With regards to the question, we can deduce that the syllogism is valid as the conclusion is derived from the two propositions that are given. In this case, the correct option will be "Yes, regardless of whether we take the traditional or modern view of existential import".
Teachers, nurses, and counselors are all part of which of the following:
A.
Education and training
B.
Human services
C.
The social occupational code
D.
Health sciences
When buying a home, it is important to factor in future costs, like ___________.
a.
Realtor fees
b.
Down payment
c.
Utility costs
d.
Closing fees
Answer: Almost positive it’s C. Utility costs
When buying a home, it is important to factor in future costs, like utility costs. Thus, option (c) is correct.
What is the cost?The term cost refers to the actual money are spent on the manufacturing of the product. The product are manufacture to spend on money are raw material, transportation, wages, salary, and other expenses add. The all expenses are added to identify the cost.
Utility costs refer to the disbursals subjected by using utilities such as physical phenomenon, water, waste material disposal, heating, and sewerage. These costs are associated with ongoing telephone and internet services as well. The future cost also like the utility cost.
As a result, the significance of the important to factor in future costs, are the aforementioned. Therefore, option (c) is correct.
Learn more about on costs, here:
https://brainly.com/question/30045916
#SPJ3
Materials were requisitioned for use, $28,200, of which $25,000 were direct materials. The entry is:
Answer:
Debit : Work In Process $28,200
Credit : Direct Materials $25,000
Credit : Indirect Materials $3,200
Explanation:
Materials requisitioned for use are include in Product Cost calculation. The Work In Process Account is the major account used to calculate the Product Cost during the Manufacturing Process.
Thus, Debit the full amount of materials requisitioned for use to the Work In Process Account and Credit the respective categories of Accounts supplying the Work In Process to show their decrease. Note that Indirect Materials take the $3,200 remaining after $25,000 have been used by direct materials against the total of $28,200 requisitioned.
Gi Gi's Bakery has total assets of $451 million. Its total liabilities are $123 million. Its equity is $328 million. Calculate the debt ratio.
Answer:
27.27%
Explanation:
With regards to the above, the formula for debt ratio is
= Total liabilities ÷ Total assets
Given that;
Total liabilities = $123 million
Total assets = $451 million
Debt ratio = $123 million ÷ $451 million
Debt ratio = 0.27272727
Debt ratio is 27.27%
Therefore, the debt ratio is 27.27%
The Ridgemont Company issues $20,000,000, 7.8%, 20-year bonds on 1/1/18. Interest is paid on June 30 and December 31. Effective rate is 8%. The bonds sold for $19,604,145. Using effective-interest amortization, what is the 2018 Interest Expense
Answer:
The 2018 Interest Expenseis $1,568,498
Explanation:
As the bond is issued at discount
Discount on the bond = Face value - Issuance value = $20,000,000 - $19,604,145 = $395,855
The discount will be amortized and added to the interest payment to calculate the interest expense
The Interest Expense is calculated as follow
Interest expense = Interest payment in the period + Discount amortization
June 30, 2018
Interest payment = Face value x Coupo rate x semiannual fraction = $20,000,000 x 7.8% x 6/12 = $780,000
Discount amortization = ( Bond carrying value x Effective rate x semiannual fraction ) - Interest payment = ( $19,604,145 x 8% x 6/12 ) - $780,000 = $784,165.80 - $780,000 = $4,165.80 = $4,166
Interest expense = $780,000 + $4,166 = $784,166
Bond's Caryying value = $19,604,145 + $4,166 = $19,608,311
December 31, 2018
Discount amortization = ( Bond carrying value x Effective rate x semiannual fraction ) - Interest payment = ( $19,608,311 x 8% x 6/12 ) - $780,000 = $784,332 - $780,000 = $4,332
Interest expense = $780,000 + $4,332 = $784,332
2018
Interest expense = Interest expense on June 30, 2018 + Interest expense on December 31, 2018 = $784,166 + $784,332 = $1,568,498
One component of learning about another country or region is to understand the relationship of its currency with others on the world currency market. As such, you are assigned the duty of ensuring the availability of 100,000 yen for a payment scheduled next month. Considering that your company possesses only U.S. dollars, identify the spot and forward exchange rates. What are the factors that influence your decision to use each
Answer and Explanation:
Since in the question it is mentioned that there is an availability of 100,000 yen for the payment that scheduled next month now the factors that impact the decision for using the each i.e. spot or thw forward one and the same would overall based on how the US dollar strength opposite to other currencies specifically in the YEn
the same is to be relevant
Professional social media sites can also help employers find you. When you create an account, you describe your work history in detail and list all of your skills, just like in a résumé. If an employer is looking for someone with your abilities and experience, a site like LinkedIn is a great place to start. Recruiters may also use social media to promote new job listings. Millions and millions of people use these sites, and they can be a great way to reach many job seekers at once.
How can social media help employers during the hiring process? Check all that apply.
1. Most profiles offer more detailed information than any résumé.
2. Social media often provides a place for employers to begin their search.
3. Social media can fill in gaps on résumés or provide additional details.
4. Some sites can be a platform for recruiters to promote job openings.
5. Only the most qualified candidates are likely to have a social media presence.
Answer:
2, 3,4
Explanation:
logic
Answer:
2,3,4
Explanation:
Have a great day.
4. Should fringe benefits provided by your employer (health care, dental, contributions to your retirement plan) be counted in GDP
Answer:
Yes
Explanation:
Yes, it should be counted in the GDP. Mainly because the GDP revolves around measuring the total income earned and spend from products or services. When you work for an employer you are receiving income from that employer and benefits would also be considered part of your income. Even though these benefits are being paid by your employer they are still considered income, and you would still be paying for these services yourself if the employer was not paying them. Therefore, it would make sense that it is included as received income and counted towards the GDP.
When growth is high, extending stock option grants to lower levels of the organization as Titan did is likely to
Answer:
increase attachment in the organization
Explanation:
In an organization like Titan, when the growth of the organization is high, the extending stock option that grants to the lower levels of the organization is more likely to provide employees at all the levels to have a share in the growth of the organization which increases the attachment of the employees to that particular organization.