The managerial accountant at internal company told her friend that the company expects to announce a major recall in a few weeks. . The friend promptly sells all her stock in internal
What kind of information is offered by managerial accounting?The sort of accounting known as managerial accounting is used by managers and other decision-makers inside an organisation to provide them with financial information. Financial measures used in managerial accounting frequently include revenue, sales, operational costs, and cost controls.
The discipline of management accounting, often known as managerial accounting, is useful in giving the management financial information and the right resources to aid managers in decision-making.
The basic goal of managerial accounting is to help a company's management accomplish its planning, organising, directing, and controlling duties effectively.
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Andy would like to withdraw an annual salary of $45,000 from an account paying 3.1% compounded annually for 25 years once she retires. given this information, determine the amount needed in her account in order for her to reach her goal. round to the nearest cent. a. $9,386,168.48 b. $14,516.13 c. $798,954.46 d. $774,931.58 please select the best answer from the choices provided a b c d
Answer:
D. $774,931.58
Explanation:
A company that competes on price and focuses intensely on operations efficiency uses a? a. focus strategy. b. cost strategy. c. integration strategy. d. differentation strategy.
A company that competes on price and focuses intensely on operations efficiency uses a cost strategy. So correct answer is option b.
Businesses can use the best-cost strategy as a tool to offer their customers high-quality goods at competitive prices. This strategy, when used properly, may make businesses stand out from the crowd. You can maintain client satisfaction by learning when to use a best-cost strategy. In this post, we study the best-cost method, look at why it's beneficial to employ one, and look at the difficulties and advantages of doing so. A best-cost approach aims to offer distinctive, high-quality goods or services at the lowest cost.
The question is incomplete, Complete question is:
A company that competes on price and focuses intensely on operations efficiency uses a
a. differentiation strategy.
b. focus strategy.
c. cost strategy.
d. integration strategy.
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During the year, smite company declared and paid dividends in the amount of $50,000. as part of the closing process, smite should?
As part of the closing process, smite should: debit retained earnings and credit dividends
What are the appropriate journal entries for dividends declaration?
When dividends payable to shareholders are declared, we would debit retained earnings, note a debit income account decreases and that the dividends are funded from the retained earnings.
Besides, we would credit dividends payable because the dividends are obligation upon Smite company until paid in cash, in other words, the dividends payable account would be credited initially and debited when paid, this is different from the actual cash payment of dividends which requires that the dividends payable account be debited as a decrease in liability and cash account be credit as a reduction in assets, since cash is a current asset of the company
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What was the economic purpose that prompted the u. S. To enact the chinese exclusion act as a foreign policy?.
Meant to curb the influx of Chinese immigrants to the United States particularly California the Chinese Exclusion Act of 1882 suspended Chinese immigration for ten years and declared Chinese immigrants ineligible for naturalization. President Chester A.
In 1870 a Massachusetts shoe manufacturer imported 75 Chinese workers to break a strike. This event ignited nationwide interest in Chinese immigration and ultimately led to the Chinese Exclusion Act of 1882, the first law ever passed by the United States banning a group of people based solely on race or nationality. People of the West Coast attributed declining wages and economic troubles to the hated Chinese workers. To appease them, Congress passed it by suspending Chinese immigration to the United States. The reason why the Chinese Exclusion Act was enacted in 1882 was to prevent an excess of cheap labor. The law reduced the income of all workers and caused sharp declines in manufacturing, mining and agriculture. The results show that Chinese and other workers have supplemented economic production, and the exclusion of Chinese has negatively affected economic development in the western United States. The Chinese Exclusion Act of 1882 prohibited the immigration of Chinese workers. The Chinese Exclusion Act was the first law passed and enforced to prevent immigration of all members of a particular ethnic group or ethnic group. This also marks the beginning of immigration regulation.
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How lionbridge plans and creates optimized articles for a global multilingual website seo copywriting for multiple markets for an international website?.
Lionbridge provides three degrees of digital content optimization services for global multilingual websites that require more than translation. You can manage your material effectively and deploy your resources effectively when you have the correct service level.
Lionbridge offers a Standard Content Optimization solution that allows its clients to translate content to multilingual to perform highly when people make general internet searches relating to your product
Carrying out in-market keyword research and applying that information to the translated text, Lionbridge improves their client's search results. It revises headers, descriptions, and titles. Additionally, it makes a few tiny changes to your material to include pertinent keywords in the on-page text.
What is markets?
In the field of economics, a market is a collection of mechanisms that allow for the exchange of goods and services between parties. The majority of businesses rely off sellers providing their goods or services to purchasers in exchange for money, however parties may sell goods or services by barter.
Therefore,
How lionbridge plans and creates optimized articles for a global multilingual website seo copywriting for multiple markets for an international website?.
Lionbridge provides three degrees of digital content optimization services for global multilingual websites that require more than translation. You can manage your material effectively and deploy your resources effectively when you have the correct service level.
Lionbridge offers a Standard Content Optimization solution that allows its clients to translate content to multilingual to perform highly when people make general internet searches relating to your product
Carrying out in-market keyword research and applying that information to the translated text, Lionbridge improves their client's search results. It revises headers, descriptions, and titles. Additionally, it makes a few tiny changes to your material to include pertinent keywords in the on-page text.
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Penny Cassidy is considering forming her own pool service and supply company, Penny's Pool Service & Supply, Inc. (PPSS). She has decided to incorporate the business to limit her legal liability. She expects to invest $ 20,000 of her own savings and receive 1,000 shares of common stock. Her plan for the first year of operations forecasts the following amounts at December 31, the end of the current year: Cash in bank, $ 2,900 ; amounts due from customers for services rendered, $ 2,300 ; pool supplies inventory, $ 4,600 ; equipment, $ 28,000 ; amounts owed to Pool Corporation, Inc. , a pool supply wholesaler, $ 3,500 ; note payable to the bank, $ 5,000. Penny forecasts first-year sales of $ 60,000 , wages of $ 24,000 , cost of supplies used of $ 8,200 , other administrative expenses of \,500 , and income tax expense of $ 4,000. She expects to pay herself a $ 10,000 dividend as the sole stockholder of the company.
Required: If Penny's estimates are correct, what would the following first-year financial statements look like for Penny's Pool Service & Supply (use Exhibits 1. 2,1. 3 , and 1. 4 as models)?
(c) Balance sheet
Based on Penny's estimates, the first-year financial statements would look like the following for Penny's Pool Service & Supply and show retained earnings of $9,300.
a) Penny's Pool Service & Supply
Income StatementFor the first year ended December 31
Sales $60,000
Wages $24,000
Supplies Expense 8,200
Administrative Expense 4,500 $36,700
Operating Income $23,300
Income tax expenses 4,000
Net Income $19,300
b) Penny's Pool Service & Supply
Statement of Retained EarningsFor the first year ended December 31
Net Income $19,300
Dividends $10,000
Retained earning $9,300
c) Penny's Pool Service & Supply
Balance SheetAs of December 31
AssetsCurrent Assets:
Cash $2,900
Accounts Receivable 2,300
Supplies Inventory 4,600
Total current assets $9,800
Equipment $28,000
Total assets $37,800
Liabilities and EquityCurrent liabilities:
Accounts Payable $3,500
Long-term liabilities:
Note Payable $5,000 $8,500
Equity:
Common Stock $20,000
Retained Earnings 9,300 $29,300
Total liabilities and equity $37,800
Data and Calculations:Cash $20,000 Common Stock $20,000
Forecasts at December 31:
Cash $2,900
Accounts Receivable $2,300
Supplies Inventory $4,600
Equipment $28,000
Accounts Payable $3,500
Note Payable $5,000
Sales $60,000
Wages $24,000
Supplies Expense $8,200
Administrative Expense $4,500
Income tax expenses $4,000
Dividends $10,000
Thus, the Retained Earnings for the forecast first year would be $9,300.
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Customers arrive at a checkout counter in a department store according to a poisson distribution at an average of seven per hour. during a given hour, what are the probabilities that:________
From the information given in the Poisson Distribution, the probability that that no more than three customers arrive that is P (X≤3) = 0.0817.
What is a Poisson Distribution?The Poisson distribution is a discrete probability distribution in probability theory and statistics that articulates the likelihood of a specific number of events happening in a fixed interval of time or space if these events occur with a particular frequency mean rate and regardless of the time since the last event.
What Are the Poisson Distribution's Assumptions?To be correct, all events must be independent of one another, the pace of occurrences must be steady across time, and events cannot occur concurrently. Furthermore, the mean and the variance will be equal.
What is the justification for the above result?According to a Poisson distribution, seven people come at a checkout counter in a department store every hour on average. i.e λ=7
Probability (P) that no more than three customers arrive is notated as P(X≤3)
= P(X=0) + P(X=1) + P(X=2) + P(X=3)
= Poisson (3,7,1)
= 0.0817
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Full Question:
Customers arrive at a checkout counter in a department store according to a Poisson distribution at an average of seven per hour. During a given hour, what are the probabilities that no more than three customers arrive?
Which of the following is/are classified as hardware?
•computers
•storage devices
•input devices
•output devices
Answer:
D. output device
Explanation:
because when you enter data into the computer it gives you the results as the hardcopy/hardware.
a small company wishes to set up a fund that can be used for technology purchases over the next 6 years. their forecast is for $14,000 to be needed at the end of year 1, decreasing by $2,000 each year thereafter. the fund earns 9% per year. how much money must be deposited to the fund at the end of year 0 to just deplete the fund after the last withdrawal?
The amount that has to be deposited at the end of year zero is $ 60561.77 (rounded to the nearest cent).
How do we find the amount to be deposited after the end of zero year?We need an amount x to be deposited at the end of 0 year (or beginning of year 1).
To solve the problem, Let's replace the problem by
An annual cash-out of A=$18000 for n=6 years, added ontoA cash-in gradient of G=$2000 annually starting at the end of year 2. 9% is the Annual rate.Present value of $18000 annual cash-out
Pa = [tex]\frac{A((1+i)^n-1)}{(1+i)^n}[/tex]
= [tex]\frac{18000((1+0.09)^6-1}{(0.09+1)^6}[/tex]
= - 80746.53
Present value of G=$2000 annual gradient
Pb = [tex]\frac{G((1+i)^n-in-1}{1^2(1+i)^n}[/tex]
Pb = [tex]\frac{2000(1+0.09)^6-0.09(6)-1}{0.09^2(1+0.09)^6}[/tex]
Pb = 20184.77
Total Present Value of Expenses = -$80746.53+$20184.77=-60561.77
Amount needed at the end of year zero = -(-60561.77)= $60561.77
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All of the following are examples of enumerated powers except? a) coining money b) creating a national bank c) establishing post offices d) maintaining a navy
Answer:
B should be it :D btw can i have brainlyest
Explanation:
All of the choices given are examples of enumerated powers EXCEPT for establishing a national banking system. These powers allow the government to make more bills and create bills is needed. They can also regulate the value of money. They cannot establish a national banking system. The correct answer is B.
Explanation:
the rogers corporation has a gross profit of $792,000 and $277,000 in depreciation expense. the evans corporation also has $792,000 in gross profit, with $43,300 in depreciation expense. selling and administrative expense is $188,000 for each company. given that the tax rate is 40 percent, compute the cash flow for both companies.
Rogers Evans Cash flow $473,200 $379,720.
Cash flow refers to the net balance of cash entering or leaving a company at any given time. Cash flows in and out of business all the time. For example, when a retailer purchases inventory, money flows from the store to the supplier. NPV is calculated by taking the present value of all cash flows over the life of the project.
calculation,
Roger A gross profit of $792,000
depreciation expense $277,000.
Evans corporation has gross profit = $792,000
depreciation expense = $43,300
Selling and administrative expense is $188,000from both.
Taking the 40 of gross profit
40% of $792,000
40% of $277,000
therefore, Roger = $473,200
Evans = $379,720
Next, subtract the present value of the cash flows from the initial investment amount. Cash flow is calculated by taking the net income value at the end of the reporting period. We then adjust this net earned value using the balance sheet figures to eliminate the impact of non-cash movements reflected in the income statement. Cash flows from operating activities include expenses incurred in the ordinary course of business activities.
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On august 4, sanders provides services to frederickson for $5,000, terms 3/10, n/30. Frederickson pays for the services on august 12. What amount would sanders record as revenue on august 4?.
The amount would sanders record as revenue on august 4 is $5,000.
Under Gross method - It will record as 5000
Under Net method - It will record as 4850 (after deducting discount)
When documenting purchase discounts, the gross method records the purchase and the payment at the gross amount prior to any discount. The amount of the discount will be credited to an account called Purchase Discounts if the company accepts it. A adjusting entry is made to determine the cost of goods sold before this account is ultimately closed into Cost of Goods Sold. As a result, the cost of the items sold is decreased by the amount of the discount received.Inventory purchases made with a cash discount might be recorded using the net method. The net technique presupposes that the store consistently benefits from the cash price reduction and records the inventory purchases at the reduced price.Learn more about Gross method, here
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windswept, incorporated, has 310 million shares of stock outstanding. its price-earnings ratio for 2021 is 20. what is the market price per share of stock?
The calculated market price per share is $31.61.
What is price earning ratio ?The market price per share to earnings per share ratio is what this ratio is known as (EPS). By comparing the market price of the share to the fundamentals of the business, such as net income, it provides an indication about the share's value. A mature business typically has a low P/E ratio. In contrast, it is typically high for a business that is expanding.
The market price of a share is divided by the earnings per share to determine the P/E ratio. The market price of a share is divided by the earnings per share to determine the P/E ratio. As an illustration, the market price of an ABC Company share is Rs 90, while the share's earnings are Rs 9. P/E = 90 / 9 = 10.Learn more about Price earning ratio here:
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brad goes to the food court to grab a bite while shopping at the mall. his three favorite restaurants there in descending order are curry hut, china bistro, and burger joint. on his way to curry hut, he sees that china bistro has closed. what is his opportunity cost of eating at curry hut?
His opportunity cost of eating at curry hut is Eating at Burger Joint.
The lowest opportunity cost of jumbo jet production in wheat, panel D shows the comparative advantage in jumbo jet production.
Microeconomic factors such as supply and demand, taxes and regulations, and macroeconomic factors such as gross domestic product GDP growth, inflation, and interest rates all have a significant impact on different sectors of the economy, and therefore investment portfolios. give. Society's needs exceed what its scarce resources can produce. People's needs exceed the resources available to meet them. Limited resources cannot meet endless needs.
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Technological advancements have led to lower prices and an increase in the sale of color laser printers. how does this affect the market for traditional inkjet printers?
If Technological advancements have led to lower prices and an increase in the sale of color laser printers. how it affect the market for traditional inkjet printers is: a. The demand curve for laser printer ink cartridges shifts to the right.
What is demand curve?Demand curve can be defined as the curve that help to show the price of products in the market and the amount that are demanded at a specific period of time.
Due to technological advancements this had led to demand curve for laser printer ink cartridges to shifts to the right.
Therefore If Technological advancements have led to lower prices and an increase in the sale of color laser printers. how it affect the market for traditional inkjet printers is: a. The demand curve for laser printer ink cartridges shifts to the right.
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The complete question is:
Technological advancements have led to lower prices and an increase in the sale of color laser printers. How does this affect the market for laser printer ink cartridges?
a. The demand curve for laser printer ink cartridges shifts to the right.
b. The demand curve for laser printer ink cartridges shifts to the left.
c. The quantity of laser printer ink cartridges demanded increases.
d. The quantity of laser printer ink cartridges demanded decreases.
assume that abc’s land and buildings had a book value of $1,000,000 and fair value of $1,200,000. what is the value of lands and buildings reported on the consolidated balance sheet after acquisition? a. $1,600,000 b. $1,800,000 c. $1,900,000 d. 2,100,000
Credit to Additional Paid-in Capital is $1,800,000
What is additional paid in capital ?As the name suggests, additional paid-in capital solely refers to the sum paid beyond the par value of shares of stock issued during an initial public offering (IPO). In the SE area of the balance sheet, both of these items are listed next to one another.
Additional paid-in capital, as used in accounting, is the worth of a company's shares over the price at which they were initially issued. Both regular and preferred shares are subject to this. For illustration, a business might price its shares at $1 each. Investors might be ready to pay $2 per share to invest in the business, though.Learn more about Additional Paid-in capital here:
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To determine if an opportunity is attractive or unattractive for a firm, marketers can use an analysis of the external and internal environments such as through.
Marketers can use an analysis of the external and internal environments such as through SWOT analysis.
SWOT stands for (Strength, Weakness, Opportunities & Threats), with the help of this method business organizations try to identify the internal strength and weaknesses of and organization and the presence of opportunities and threats in external environment. The two segments, strength and weakness are internal to the company, and which can be controlled and made better, whereas opportunities and threats are a result of dynamic external environment which is not in the hand of the organization and depend upon various factors such as economic conditions in the country, government rules and regulations, social factors etc.
The businesses are always required to scan their environment regularly to identify the threats and opportunities and at the same time should also work on their strengths and weaknesses. SWOT analysis is really a helpful measure that can help a business to combat its problems and will help it in making an efficient decision.
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a single alternative decision structure tests a condition and then takes one path if the condition is true, or another path if the condition is false.
In a single alternative decision structure, if a condition is tested and found to be true, one option is taken; if found to be false, a different path is taken.
This statement is False.
The single alternative selection structure is what.
The simplest decision control structure is this one. It only contains a statement or group of assertions that follow the "true" route. The statement, or block of statements, of the structure are performed if the Boolean expression evaluates to true; else, the statements are skipped.
Dual alternative selection structure: what is it?
In a dual alternative decision structure, there are two possible directions in which to proceed: if one of two conditions is true, one path is followed; if the other is false, a different path is followed.
In Python, what is a single alternative decision structure?
In a single alternative decision structure, if a condition is tested and found to be true, one option is taken; if found to be false, a different path is taken.
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Colgate-palmolive secured the endorsements of dentists to make the claim that colgate total toothpaste is the number-one recommended toothpaste by most dentists, a tactic that is most effective at.
Colgate-Palmolive secured the endorsements of dentists to make the claim that Colgate total toothpaste is the number-one recommended toothpaste by most dentists, a tactic that is most effective. decreasing perceived risk.
Dentists are doctors because they are oral and dental doctors, and some expand their throats. Dentists are listed as DDS (dental surgeon) and DMD (dentist). A dentist is as valuable as a doctor.
The majority of dental students obtain a bachelor's degree before entering dental school. Some have college degrees. Some dental schools accept some students through an early entry program with a two to three-year preparatory period.
Colgate-Palmolive Company is an American multinational consumer goods company headquartered on Park He Avenue in Midtown Manhattan, New York City. We specialize in manufacturing, marketing, and supplying household, healthcare, personal care, and veterinary products.
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The Shirt Works sells a large variety of tee shirts and sweatshirts. Steve Hooper, the owner, is thinking of expanding his sales by hiring high school students, on a commission basis, to sell sweatshirts bearing the name and mascot of the local high school.
These sweatshirts would have to be ordered from the manufacturer six weeks in advance, and they could not be returned because of the unique printing required. The sweatshirts would cost Hooper $16.00 each with a minimum order of 203 sweatshirts. Any additional sweatshirts would have to be ordered in increments of 203.
Since Hooper’s plan would not require any additional facilities, the only costs associated with the project would be the costs of the sweatshirts and the costs of the sales commissions. The selling price of the sweatshirts would be $32.00 each. Hooper would pay the students a commission of $7.00 for each shirt sold.
Required:
1. What level of unit sales and dollar sales is needed to attain a target profit of $7,308?
2. Assume that Hooper places an initial order for 203 sweatshirts. What is his break-even point in unit sales and dollar sales? (Round your intermediate calculations, round "Break-even point in unit sales" up to the nearest whole unit and round "Break-even point in dollar sales" to the nearest whole dollar.)
3. How many sweatshirts would Hooper need to sell to earn a target profit of $8,222? (Round final answer up to the nearest whole unit.)
1. The unit and dollar sales levels needed to attain a target profit of $7,308 are 812 and $25,984.
2. The break-even point with 203 sweatshirts is $4,669.
3. The unit sales level needed to attain a target profit of $8,222 is 914.
What is the break-even point?The break-even point represents the required sales units for no profit or loss to be achieved.
At the break-even point, the total revenue equals the total costs (fixed and variable).
Data and Calculations:Selling price per sweatshirt = $32
Variable cost per unit = $23 ($7 + $16)
Contribution margin per unit = $9 ($32 - $23)
Contribution margin ratio = 0.28125 ($9/$32)
Fixed costs = $0
Target profit = $7,308
1. Sales level to attain a target profit of $7,308 = 812 units ($7,308/$9)
And $25,984 ($7,308/0.28125)
2. Break-even point with 203 sweatshirts = $4,669 ($23 x 203)
3. Target profit = $8,222
Sales level to attain a target profit of $8,222 = 914 units ($8,222/$9)
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This is the difference between the interest rate on a us treasury bond and a corporate bond of the same profile—that is, the same maturity and marketability.
Default Risk Premium (DRP) is the difference between the interest rate on a us treasury bond and a corporate bond.
What is marketability?
In the field of economics, a market is a collection of mechanisms that allow for the exchange of goods and services between parties. The majority of markets rely on sellers providing their goods or services to purchasers in exchange for money, however parties may exchange goods and services by barter.
Therefore,
This is the difference between the interest rate on a us treasury bond and a corporate bond of the same profile—that is, the same maturity and marketability.
Default Risk Premium (DRP) is the difference between the interest rate on a us treasury bond and a corporate bond.
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how does an increase in the price of laptop memory chips affect the market of laptops? a. the demand curve for laptops to shift to the right b. the demand curve for laptops to shift to the left c. the supply curve for laptops to shift to the right d. the supply curve for laptops to shift to the left
An increase in the price of laptop memory chips affect the market of laptops by the supply curve for laptops to shift to the left.
What is supply curve?The supply curve is a visual representation of the relationship between the price of an item or service and the volume delivered over a specific time.The number of items delivered typically increases together with an increase in price on supply curves.On the basis of demand, supply curves may frequently predict whether a commodity's price will rise or fall, and vice versa.For products with a more elastic supply, the supply curve is steeper (closer to vertical), whereas for products with a less elastic supply, it is shallower (closer to horizontal).The main elements of the law of supply and demand are the supply and demand curves.To learn more about supply curve visit:
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deposits are made at the end of years 1 through 7 into an account paying 9.5% interest. the deposits start at $6,500 and increase by $1,100 each year.
$87852.2 will be in the account immediately after the last deposit
How much will be in the account immediately after the last deposit?Given:
I = 9.5%
G = $1,100
A = $6,500
n = 7 years
= [tex]A[\frac{(1+i)^n - 1}{i}] + G[\frac{(1+i)^n - in - 1}{i^2}][/tex]
= [tex][$6500[{((1+0.095)^7 - 1)}/{0.095}] + $1100 [ {(1.095^7 - 0.095x7 -1)}/{0.095^2}]][/tex]
= $60727.2 + $27125.4
= $87852.2
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What equal annual payment series is required to repay the following present amounts?
Information is not sufficient to answer the question.
What is annual payment series?Annual Payments means Annual Payments due and payable as provided for and computed in accordance with provisions of the Financing Agreement (State Project), the provisions of Financing Agreement (Voluntary Agency Project) and such provisions as shall be contained in the any Other Agreement.
Annual Payments means, with respect to any Material Contract, (x) total amount of the payments expected to be paid or received, as applicable, under such Material Contract (y) divided by total number of years of the term of such Material Contract.
Here's how to calculate the annualized salary: Divide earned income by the number of months worked to figure out the monthly income. Multiply monthly income by 12 (the number of months in a year) to get the annual payment.
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juanita patricia morgan’s credit card company quotes her a rate of 17.9 percent. interest is billed monthly. what is the effective annual rate of interest juanita is paying?
For instance, an effective interest rate of 6.17% is the same as a nominal interest rate of 6% compounded monthly. Every month, 6% compounded is credited as 6%/12 = 0.005.
How is effective interest compounded quarterly determined?Following are the calculations and formula: Nominal rate divided by the quantity of compounding periods is the effective yearly interest rate. - 1 + (number of compounding periods) - (number of compounding periods) - 1. As an example: 10.47% = (1 + 10% / 12)) Investment A is worth 12 to 1. The following would apply to investment B: 10.36% = (1 + (10.1% / 2)) 2 - 1.
How can I figure out the real interest rate?The effective interest rate can be calculated using a simple formula: r = (1 + i/n)n - 1. The stated interest rate (I), effective interest rate (R), and number of compounding periods (N) each year are the three variables in this equation.
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buster’s badminton bazaar produces high performance badminton racquets. the current price of a racquet is $240. buster’s expects that, for the indefinite future, the racquet price will rise only by the inflation rate, which is expected to be one percent per year.
Current revenue of the racquets = 3000 * $ 240 = $ 720,000
The revenue of the racquet is expected to grow by 1% each year.
The present value of expected sales revenue is found using the present value of the growing annuity equation.
Present value =$720,000X [tex]\left[\begin{array}{ccc}1/0.06-0.01-1/0.06-0.01*(1+0.01/1+0.06)50\end{array}\right][/tex]
Present value of expected sales revenue = $ 13,114,305.
A recent study found that to be in the top 1% of income earners in the United States, you need to earn at least $597,815 a year. That means 99% of earners in the rest of the US earn less than that annually. According to Forbes, to be in the top 1% of U.S. household wealth, you need to be worth at least $10,374,030.10. According to Credit Suisse's 2019 Global Wealth Report, it takes at least about $936,430 to be in the top 1% of the world.
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The business cycle affects output and employment in capital and durable goods industries more severely than in industries producing non-durable goods because, ______.
The business cycle affects output and employment in capital and durable goods industries more severely than in industries producing non-durable goods because, large investment requirements and greater demand fluctuations.
Consumer nondurable goods are purchased for immediate or almost immediate consumption and have a life span ranging from minutes to three years. Common examples of these are food, beverages, clothing, shoes, and gasoline.
In economics, a durable good or a hard good or consumer durable is a good that does not quickly wear out or, more specifically, one that yields utility over time rather than being completely consumed in one use.Products made of paper and paperboard comprise the largest portion of nondurable goods. Other nondurable products include paper and plastic plates, cups and other disposable food service products, disposable diapers, clothing and footwear, linens, and other miscellaneous products.Examples of consumer durables include appliances such as washers, dryers, refrigerators, and air conditioners; tools; computers, televisions, and other electronics; jewelry; cars and trucks; and home and office furnishings.
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Answer:
during a recession, business investment in new capital goods and consumer spending on new durable goods can be postponed
Ronda’s cake store earned $3,750 in total revenue last month when it sold 125 cakes. This month it earned $3,600 in total revenue when it sold 90 cakes. The price elasticity of demand for ronda’s cake store is.
The price elasticity of demand for Ronda’s cake store is 0.125.
What is the price elasticity of demand?The price elasticity of demand measures the responsiveness of the quantity demanded by a consumer with respect to a specific change in price of the product, all things being equal (ceteris paribus).
Mathematically, the price elasticity of demand can be calculated by using this formula;
Price elasticity of demand = (Q₂ - Q₁)/[(Q₂ + Q₁)/2]/(P₂ - P₁)/[(P₂ + P₁)/2]
Substituting the given parameters into the formula, we have;
Price elasticity of demand = (3750 - 3600)/[(3750 + 3600)/2]/(125 - 90)/[(125 + 90)/2]
Price elasticity of demand = (150)/[(7350)/2]/(35)/[(215)/2]
Price elasticity of demand = [(150/3675)/(35/107.5)]
Price elasticity of demand = 0.0408/0.3256
Price elasticity of demand = 0.125.
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Elasticity of demand is closely related to the slope of the demand curve. The more responsive buyers are to a change in price, the.
The more responsive buyers are to a change in price, the flatter the demand curve.
The types of chart.In Economics, there are two main types of chart that can be used to illustrate the relationship between the total quantity of goods or services that are demanded by consumers and the total quantity of goods or services that were supplied by a manufacturer (producer) at a particular price and these include the following:
Supply curve (schedule)Demand curve (schedule)What is the price elasticity of demand?The price elasticity of demand measures the responsiveness of the quantity demanded by a consumer with respect to a specific change in price of the product (good), all things being equal (ceteris paribus).
Generally speaking, the price elasticity of demand and the slope of a demand curve are closely related. This ultimately implies that, the more responsive buyers (consumers) are to a change in price, the flatter would be the demand curve.
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Complete Question:
Elasticity of demand is closely related to the slope of the demand curve. The more responsive buyers are to a change in price, the ______________ the demand curve.
a. steeper
b. further to the right
c. flatter
d. closer to the vertical axis
A corporation is a legal with authority to act and have liability separate from its owners.
A corporation is a separate legal entity with the authority to act and has liability separate from its owners.
What is a separate legal entity?Separate legal entities (SLEs) are specific kinds of legal entities with detachable responsibilities that are recognized in the US. Any type of business, such as a corporation or limited liability company, is set up as an SLE to be legally distinct from the owner or individual.
A company may have some of the same legal rights as an individual if it is a separate legal entity. It can, for instance, make contracts, bring legal action, and be sued, as well as own property. A partnership or sole proprietorship lacks a distinct legal entity.
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