Answer:
Option B
Explanation:
Applying conservatism and the historical cost principles, we would you account for the change in the value of the two pieces of land as leave the first piece of land at $100,000 and write the second down to $75,000 because conservatism and historical cost principles suggest us to anticipate and record the future losses rather than future gains.
Q5. You are launching the Pakistani street food cafe. Identify the marketing mix (four p’s) -
Answer and Explanation:
According to the given scneario, the identification of the marketing mix i.e. four p's are product, price, place and the promotion
1. Product: The product is food cafe. The main thing about the food is the taste, how it looks. The product should be attractive, full of taste.
2. Price: The price of the food for each type of product should be reasonable so that everyone could afford it. Also the price is depend upon the competitor price
3. Place: The place should be very attractful so that many customers could be come. It could be in river side or lake view. Also if the cafe provides the home delivery without any charges this things would attract most of the customers
4. Promotion: The promotion of the food cafe could be done in social sites, radios, newspaper so that the public at large could know about it
Suppose that the demand curve for chairs in Euroland is given by QD = 800,000 − 6,000P, and that the supply curve is given by QS = 14,500P - 225,000. The equilibrium price is €50.
The government is thinking about imposing a tax of €2.46 on chairs.
The price paid by buyers after the tax is
Answer:
The price paid by buyers after the tax is €51.74.
Explanation:
QD = 800,000 − 6,000P .................. (1)
QS = 14,500P - 225,000 ................... (2)
P* = equilibrium price = €50
Substituting P* into equation (1) to obtain equilibrium quantity, Q*, we have
Q* = 800,000 − 6,000(50)
Q* = 800,000 - 300,000
Q* = 500,0000
Rewrite equation (1), we have:
6,000P = 800,000 - QD
P = (800,000 / 6,000) - (1 / 6,000)QD
P = 133.333333333333 - 0.000166666666666667QD ............ (3)
Rewrite equation (2), we have:
14,500P = QS + 225,000
P = (1 / 14,500)QS + (225,000 / 14.500)
P = 0.0000689655172413793QS + 15.5172413793103 .......... (4)
With tax of €2.46, equation (4) becomes:
P = 0.0000689655172413793QS + 15.5172413793103 + 2.46
P = 0.0000689655172413793QS + 17.9772413793103
Equating equations (3) and (4), and solve for new equilibrium quantity after tax, QT, we have:
133.333333333333 - 0.000166666666666667QT = 0.0000689655172413793QT + 17.9772413793103
133.333333333333 - 17.9772413793103 = 0.000166666666666667QT + 0.0000689655172413793QT
115.356091954023 = 0.000235632183908046QT
QT = 115.356091954023 / 0.000235632183908046
QT = 489,560
To obtain the price paid by buyers after the tax, PT, we substitute QT = 489,560 for QD is equation (3) as follows
PT = 133.333333333333 - 0.000166666666666667(489,560)
PT = 133.333333333333 - 81.5933333333335
PT = 51.74
Therefore, the price paid by buyers after the tax is €51.74.
a. Distinguish between physical asset markets and financial asset markets. What’s the difference between spot markets and futures markets?
b. Distinguish between money markets and capital markets. What’s the difference between primary markets and secondary markets?
c. Differentiate between private and public markets. Why are financial markets essential for a healthy economy and economic growth?
Answer:
a. Physical assets are tangible, they can be touched, seen, used. They generally lose value over time because they depreciate. On the other hand, financial assets are intangible, they only exist because documents say so. Their price can change if interest rates change of if market conditions change.
Spot markets are markets where securities, currencies or commodities are traded immediately. While futures markets represent the trading of securities, currencies or commodities at a future date.
b. Money markets are where investors trades short term securities, while capital markets are where stocks, bonds and other long term securities are traded.
Primary markets exist only when securities are issued for the first time, e.g. an IPO. The vast majority of trading occurs in secondary markets since a security can literally be traded hundreds of times and all of these operations, except for the initial issuance, take place in secondary markets.
c. Public markets are all the trading markets where publicly traded corporations exchange or trade securities, and anyone can buy them, e.g. NYSE, NASDAQ, etc. Private markets only involve trading of privately held securities, e.g. stocks of closely held corporations. Only certain investors can trade with private securities, they are not available to the general public.
Financial markets basically receive savings from private households and businesses, and they transfer them (as investments) to other companies that need these resources to operate and grow. There is a direct relationship between healthy financial markets and economic development.
Sheridan Corp is looking to invest in a three-year bond that makes semi-annual coupon payments at a rate of 5.825 percent. If these bonds have a market price of $985.63, what yield to maturity can she expect to earn?
Answer:
The annual YTM will be = 0.063496 or 6.3496% rounded off to 6.35%
Explanation:
The yield to maturity or YTM is the yield or return that an investor can earn on the bond if the bond is purchased today and is held till the bond matures. The formula to calculate the Yield to maturity of a bond is as follows,
YTM = [ ( C + (F - P / n)) / (F + P / 2) ]
Where,
C is the semi annual coupon payment in case of semi annual bondF is the Face value of the bond P is the current value of the bond n is the number of semi annual periods to maturity in case of the semi annual coupon bond
Assuming that the face value of the bond is $1000.
Coupon payment - semi annual= 1000 * 0.05825 * 6/12 = 29.125
Number of semi annual periods = 3 * 2 = 6
YTM - semi annual= [ (29.125 + (1000 - 985.63 / 6)) / (1000 + 985.63 / 2)
YTM - semi annual= 0.031748 or 3.1748% rounded off to 3.17%
The annual YTM will be = 0.031748 * 2 = 0.063496 or 6.3496% rounded off to 6.35%
A perfectly competitive firm should shut down immediately in order to incur only fixed costs whenever the price is
Answer:
This question is incomplete, the options are the following:
a) Higher than the average total cost.
b) Higher than the average variable cost.
c) Lower than the break-profit point.
d) Lower than the average variable cost.
And the correct answer is the option D: Lower than the average variable cost.
Explanation:
To begin with, a perfect competitive firms works in a market that has an homogeneous product as well as a lot of sellers and consumers so therefore that they are all price takers given the forces of the market and their interactions. Moreover, in the proper graphic of the perfect competition market the different cost curves and the incomes curves will show how the market behaves according to the quantities and the prices given for those quantities. So the firm will always have to shut down the production when in the graphic the price is lower than the average variable cost given the fact that from that point down the firm will not be able for cover the fixed costs.
20 Point
Which portion of the passage indicates that Neil’s prototype product requires many more changes?
1.(Neil created a robot that works on certain commands.) 2(However, the robot freezes and dismantles itself on hearing commands it does not recognize.) 3(While the robot recognizes most commands,) 4(it sometimes confuses similar-sounding commands.) 5(Neil spent five years creating this robot and invested all his savings in it.)
Answer:
Number 2 or Number 4.
Explanation:
On number 2, the robot freezes when it doesn't recognize the command. Obvious problem. On number 4, the robot confuses similar sounding commands. Also an obvious problem.
Answer:
2
Explanation:
What were true about all the states of natures in Decision making under ignorance (hint: how likely was any one of them to happen
Answer: They would be treated equally
Explanation:
States of natures in decision making under ignorance would be treated equally, and as such they would be treated equally.
Advertising is an expenditure that ultimately must be justified in terms of its effect on sales and profits, yet most evaluations of advertising are in terms of the effects on consumer attitudes. How do you account for this apparent mismatch
Answer: Emphasis must be made on sales and profits, with the central position being how the customer perceive this goods
Explanation:
Advertisement should be aimed at improving sales and expanding the market for goods. Advertisement is not just to bring customers but also inform them on updates about products. Although customers attitude are needed, this helps the manufacturer or producer to know feedback on what the market is saying, as this cannot be ignored. Emphasis must be made on sales and profits, with the central position being how the customer perceive this goods.
The apparent mismatch is producers looking solely to what the customers are saying rather than considering profit, market expansion, sales, all surrounded by the customer as the focus
A company that makes organic fertilizer has supplied the following data:
Bags produced and sold 200,000
Sales revenue $1,560,000
Variable manufacturing expense $660,000
Fixed manufacturing expense $448,000
Variable selling and administrative expense $180,000
Fixed selling and administrative expense $214,000
Net operating income $58,000
The company's unit contribution margin is closest to:______
a. 15,128 units
b. 16,1 units
c. 168,986 units
d. 100,444 units
Answer: $3.60
Explanation:
Contribution Margin is calculated by deducting variable expenses from the sales.
= Sales - Variable manufacturing expense - Variable selling and administrative expense
= 1,560,000 - 660,000 - 180,000
= $720,000
Unit Contribution Margin = 720,000/200,000 bags sold
= $3.60
The options are not for the Unit Contribution Margin.
You have developed a new brand of ice cream that you sell for 5.99 dollars per pint since it is a premium brand. Your sales estimate for the first year is 1 million pints, which will result in 5.99 million dollars in __________
A. gross profits
B. revenues
C. marginal contribution
D. profits
E. value
Answer:
The correct answer is the option B: Revenues.
Explanation:
To begin with, there is a significant difference between the words revenue and profit due to the fact that the first one indicates the amount of money that the person is receiving after making all of the sales that he can meanwhile the word profit refers to the amount of money that the person is taking home due to the fact that it reduces all the costs to the income gained and when that is done the person obtains the profit, the money that he receives from all the job done. Therefore that when all sales are completed the person will receive 5.99 million dollars in income and after that he will have to reduce the costs from that number and the final result will be the profits.
Help!
dancing is considered as labor, capital,land or entrepreneurship?
Answer:
D. Entrepreneurship
Because 100% it's not a land or a capital. Well, it may be a labor, but mostly it's entrepreneurship.
Hope that helps you
A company has fixed costs of $50,000 while manufacturing a product that has variable costs of $4 per unit and sells for $14 per unit. The break-even point is:_____
Answer:
the break even point in units is 5,000 units
Explanation:
The computation of the break even point in units is shown below:
= Fixed cost ÷ contribution margin per unit
= Fixed cost ÷ (Selling price per unit - variable cost per unit)
= $50,000 ÷ ($14 - $4)
= $50,000 ÷ $10
= 5,000 units
hence, the break even point in units is 5,000 units
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Globalization forces small businesses to compete worldwide. The result of globalization is that operation manager (OM) or owner must do which of the following to stay competitive:
Answer:
- Making sure the cost of their asset management is as low as possible
- Maximize their product delivery
- Making sure that their price of operation is efficient
- making sure price of their product is competitive
Explanation:
Due to globalization, businesses are forced to compete on foreign markets that they might not be familiar with. In such situations, lowering cost of production while maintaining the quality of their products is the best thing that they can do to maintain a healthy profit margin. This can be done by lowering the cost that they need to make maintenance of their assets and minimizing the cost they need to acquire materials.
On top of lowering cost of production, they also need to provide better services and reasonable price range for the costumers. They need to put a good customer service call along with on time delivery to keep customers happy.
Determine the market price of a $485,000, 10-year, 8% (pays interest semiannually) bond issue sold to yield an effective rate of 10%.
Answer:
Bond Price= $424,588.28
Explanation:
Giving the following information:
Face value= $485,000
Number of periods= 10*2= 20
Interest rate= 0.08/2= 0.04
YTM= 0.1/2= 0.05
To calculate the price of the bond, we need to use the following formula:
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 19,400*{[1 - (1.05^-20)] / 0.05} + [485,000/1.05^20)
Bond Price= 241,766.88 + 182,791.4
Bond Price= $424,588.28
who is captain america
Answer:
a super hero that's part of marvel
Answer:
Captain America is a marvel character played by Chris Evans.
Explanation:
Captain America started out as a normal kinda scrawny teenager who joined the American Army during World War II. He was transformed into a super soldier and became an insanely fit and strong human being. He saved many people during the war, but unfortunately was frozen in ice for like 66 years. So, he became part of a group called the Avengers. Kind of like a vigilante group. And finally, he was able to go back in time and marry the woman of his dreams, and he retired from the avengers after, the time travel left him in his actual age, well into his 80's.
Your goal is to earn an annual salary of $100,000 three years from now. You expect to increase your salary by 6.5 percent annually. How much do you need to earn this year if you are going to reach your goal?
a. $72,988.08
b. $82,784.91
c. $87,878.88
d. $84,363.13
Answer:
$87,878.88
Explanation:
Calculation How much do you need to earn this year
Using this formula
PV = FV/ (1 + r )^n
Where,
FV =Future Value=$100,000
PV = Present Value
r = rate of interest=6.5%
n= no of period=3 years
Let plug in the formula
PV = $100,000 / ((1 + 6.5%)^3)
PV = $82,784.91
Therefore the amount you need to earn this year will be $82,784.91
On December 31, 2017, Extreme Fitness has adjusted balances of $800,000 in Accounts Receivable and $55,000 in Allowance for Doubtful Accounts. On January 2, 2018, the company learns that certain customer accounts are not collectible, so management authorizes a write-off of these accounts totaling $10,000. What amount would the company report as its net accounts receivable on December 31, 2017
Answer:
Accounts receivable is $745,000
Explanation:
The company would report as net receivable, the total amount on accounts receivable minus total amount on the Allowance for uncollectible Accounts, which implies that the balance represent the amount of credit that will not be possible to collect again hence, the value represent balance on net accounts receivable.
Accounts receivable = Adjusted balance in accounts receivable - Allowance for doubtful accounts
= $800,000 - $55,000
= $745,000
Your savings account is currently worth $1,200. The account pays 5 percent interest compounded annually. How much will your account be worth 6 years from now?
Answer:
$2,010
Explanation:
The future value of the savings account in 6 years can be computed using the below future value formula:
FV=PV*(1+r)^n
FV=unknown future amount
PV=current worth of the savings account=$1,200
r=annual interest rate=5%
n=number of years envisaged=6
FV=$1,500*(1+5%)^6
FV=$1,500*(1.05)^6
FV=$1,500*1.3400956
FV=$2,010
Mr. Ghani wants to deposit his savings of Rs. 50,000 in a bank which offers 8% interest compounded semi-annually to withdraw Rs. 2,500 at the end of each six months from the date of deposit. How many withdrawals will he or his heir (in case of his death) be able to make before the entire amount is exhausted
Answer:
How many withdrawals will he or his heir (in case of his death) be able to make before the entire amount is exhausted is explained below in detail explanation.
Explanation:
Let the no of withdrawals be n, then
Present value of n withdrawals = 50000
Interest rate per 6 months =8%/2 =4%
Withdraw amt/(Int rate)*(1-1/(1+interest)^n) = 50000
=> 2500/0.04*(1-1/1.04^n) = 50000
1/1.04^n = 0.2
1.04^n = 5
=> n = ln(5) / ln(1.04) = 41.03
Total 41 withdrawals of Rs.2500 can be made (with a smaller 42nd installment of less than Rs.2500)
Your catering business sells luncheons and dinners. Luncheons are $1,000 each, and dinners are $2,000 each. You sold 300 meals in total for revenue of $460,000. How many of each did you sell?
Answer:
140 luncheons, 160 dinners
Explanation:
The number of luncheons and dinners that are sold will be 140 and 160, respectively.
What is the solution to the equation?The allocation of weights to the important variables that produce the calculation's optimum is referred to as a direct consequence.
Your catering business sells luncheons and dinners. Luncheons are $1,000 each, and dinners are $2,000 each. You sold 300 meals in total for a revenue of $460,000.
Let 'x' be the number of Luncheons and 'y' be the number of dinners. Then the equations are given as,
x + y = 300 ...1
1,000x + 2,000y = 460,000 ...2
From equations 1 and 2, then we have
1,000(300 - y) + 2,000y = 460,000
300,000 - 1,000y + 2,000y = 460,000
1,000y = 160,000
y = 160
Then the value of 'x' is given as,
x + 160 = 300
x = 300 - 160
x = 140
The number of luncheons and dinners that are sold will be 140 and 160, respectively.
More about the solution of the equation link is given below.
https://brainly.com/question/545403
#SPJ6
Poland Springs produces a variety of bottled water beverages, and as the market continues to show growth potential for new flavors and varieties of bottled water, the company should ________ its product lines
Answer:
Increase the depth of.
Explanation:
As the above case may be a product line can explain the variety in marketing and selection of a product and any commodity as the case may be and as the said company increases in growth, its product depth line should be increased. Therefore, a product line goal can be to maximize profits by positioning new products with the highest number of features or with the most cutting-edge individual features at the highest price point. And also you’ll be keeping a base product on sale as a lower-priced alternative
One of the benefit of this been set i.e product line; is to let potential customers know the particular product that will tend to fit their capability in many cases as the case may be in product selection.
Which of the following items are normally classified as current liabilities for a company that has a one-year operating cycle? (You may
select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and
double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be
automatically graded as incorrect.)
Portion of long-term note due in 10 months
Note payable maturing in 2 years.
Note payable due in 18 months.
Accounts payable due in 11 months.
FICA taxes payable.
Salaries payable.
Answer:
Portion of long-term note due in 10 months Accounts payable due in 11 months. FICA taxes payable. Salaries payable.Explanation:
Current Liabilities are those that are to be paid within the operating cycle of a company which in this case is one year.
The current liabilities will therefore be any liabilities maturing or to be paid in a year. That includes the portion of a long term note due in 10 months, accounts payable due in 11 months and FICA taxes and Salaries payable as these should not pass a year to be paid either.
The book value per share of stock is the amount of money an investor would have to pay to purchase a share of stock in an open market. This statement is
Answer:
False
Explanation:
The book value per share of stock can be defined as a measure of the total amount of value associated with a net asset that an investor is entitled to when he or she buys a share of stock.
The book value per share of stock is a ratio of the equity gotten by an investor to the amount of outstanding shares.
Hence, the book value per share of stock is not the amount of money an investor would have to pay to purchase a share of stock in an open market. This statement is completely false.
On March 1, 2020, Parnevik Company sold goods to Goosen Inc. for $660,000 in exchange for a 5-year, zero-interest-bearing note in the face amount of $1,062,937 (an inputed rate of 10%). The goods have an inventory cost on Parnevik's books of $400,000.
Required:
Prepare the journal entries for Parnevik on (a) March 1, 2020, and (b) December 31, 2020.
Answer:
Parnevik Company
Journal Entries:
(a) March 1, 2020
Debit Notes Receivable (Goosen Inc.) $660,000
Credit Sales Revenue $660,000
To record the sale of goods in exchange for a 5-year, zero-interest-bearing note in the face amount of $1,062,937.
Debit Cost of Goods Sold $400,000
Credit Inventory $400,000
To record the cost of goods sold.
(b) December 31, 2020:
Debit Interest Receivable (Goosen Inc.) $55,000
Credit Interest Revenue $55,000
To record the interest receivable for 10 months on the note.
Explanation:
The sale of goods will be recorded net of the interest. Interest Receivable from Goosen Inc. will be accumulated until when it is settled by Goosen Inc. at the end of the note's 5-year life. By that time, the interest must have accumulated to $402,937 compounded yearly.
Two sentences only. i'll give brainliest.
1. How important is elasticity in the analysis of the market?
2. What are tge relying factors of demand elasticity?
Answer:
(1)Elasticity is an important economic measure, particularly for the sellers of goods or services, because it indicates how much of a good or service buyers consume when the price changes. ... If the market price goes up, firms are likely to increase the number of goods they are willing to sell.
(2) Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price
The investor is worried that the beta of his portfolio is too high, so he wants to sell some stock C and add stock D, which has a beta of 1.0, to his portfolio. If the investor wants his portfolio to have a beta of 1.72, how much stock C must he replace with stock D
Answer: $36,000
Explanation:
First calculate the individual weights for the different stocks as this will help with the calculation of beta.
Total amount invested = 16,000 + 48,000 + 96,000 = $160,000
Stock A weight = 16,000/160,000 = 10%
Stock B weight = 48,000/160,000 = 30%
Stock C weight = 96,000/160,000 = 60%
Stock D is to be bought by replacing some of stock C which means that the weight of stock C in the new beta calculation will be exactly less than 60% by the weight of D.
Assuming the weight of d is x, beta is;
Portfolio beta = ∑(weight of stock * beta)
1.72 = (10% * 1.3) + (30% * 1.8) + ((60% - x) * 2.2) + ( x * 1)
1.72 = 0.13 + 0.54 + 1.32 - 2.2x + x
1.72 = 1.99 - 1.2x
1.2x = 1.99 - 1.72
x = (1.99 - 1.72) / 1.2
x = 0.225
Weight of stock D will be 0.225 which is how much of stock C will have to be sold.
The amount of stock C that should be replaced by D is therefore;
= 160,000 * 0.225
= $36,000
You meet that special person and get married amazingly your spouse has exactly the same income you do $47,810 if your tax status is now married filing jointly what is your tax liability
Answer:
i think because you are married to yuor spouse i think the tax is$ 13,740
Explanation:
(20) points
What could be the most likely result of Andrew offering credit facility to his customers?
A.
higher business losses
B.
lesser number of customers
C.
sell his goods below the market rates
D.
more competition
E.
customer loyalty
Answer:
you lied about the points but I'll be nice E
Now that you know about the different types of bank accounts, relate this information to your chosen career path. Write a paragraph explaining the type(s) of bank accounts that you would need in order to save enough money for college or training for your career. Your answer should address the following questions:
Do you already have a bank account? If so, which type(s), and how do you use them? If not, then how could you go about opening a bank account of your own?
After learning about the different types of bank accounts, which one do you think offers the best options for saving money for college, daily living expenses, and an emergency fund?
Define a bounced check, or a check returned for insufficient funds. Explain a circumstance in which someone might bounce a check (give an example), and create and discuss a plan so that this does not happen to you.
Answer:
I pay for my expenses using either my debit card or cash that I withdraw from the ATM. It is very rare that I write a check to pay for my purchases. If there is an emergency situation, I withdraw money from one of my certificates of deposit.
I want to be a physicist, and I plan to earn a graduate degree in physics from Harvard University. I don’t have enough money saved up to pay for my tuition, even though I have two certificates of deposit accounts and one savings account. This means that I will probably have to take a student loan from my bank. However, I do have sufficient money in my checking account to pay for my daily expenses.
A bounced check is a check that a person has written but cannot pay for due to insufficient funds. For example, a person might send a check for a credit card bill but the person’s bank account may not have sufficient balance to pay this amount. To avoid check bouncing, I’ll always try and remember a rough figure of the money in my account. Additionally, wherever possible, I will pay my bill either in cash or by debit card.
Explanation:
PLATO sample answer
A bank monetary base account is managed by a bank or other financial institution wherein the bank records financial transactions with customers.
Bank Account:We pay for all our purchases with a debit card or cash from an ATM. I rarely pay for things with a check. I can take money out of one of my certificates of deposit because I need it in an emergency.
We want to be a physicist and plan to study physics at Harvard University. Although I have two savings deposits and one savings account, I may not have enough money set aside to pay for my tuition. As a result, I'll most likely need to borrow money from my bank for a student loan. My term deposit, on the other hand, has enough cash to cover our everyday needs.The bounced check has been written but cannot be paid because of a lack of money. The person may, for example, submit an account to cover a credit card debt, yet his or her bank account may not have adequate funds to cover the payment. I'll try to remember a rough figure of the money in my account to avoid checks bouncing.I'll also pay my share in cash or through a debit card whenever feasible.Find out more about the bank account here:
brainly.com/question/16953228
On November 19, Hayes Company receives a $15,000, 60-day, 10% note from a customer as payment on his account. What adjusting entry should be made on the December 31 year-end
Answer: A debit to Interest receivable at $175
A credit to Interest Revenue at $175
Explanation:
Interest revenue = Principal x rate s time ( from Nov 19 - December 31st)
=$15,000 x 10% x 42/360 ( taking days in a year = 360 days )
= $175
Adjusting Journal entry for Hayes Company on December 31st year end
Date Account titles Debit Credit
December 31st Interest receivable $175
Interest Revenue $175