Answer:
Daris Corporation
General Journal:
Jan. 1:
Debit Incorporation fees RM2,000
Credit Cash Account RM2,000
To record the payment of incorporation fees to the state.
Jan. 15:
Debit Issue of Shares RM3,500,000
Credit Common Stock RM3,500,000
To record issue of 500,000 shares at RM7 per share.
Jan. 30
Debit Legal Fees RM8,000
Credit Issue of Shares RM3,500
Credit Additional Paid-in Capital RM4,500
To record the issue of 500 shares to settle legals fees of RM8,000
July 2:
Debit Land RM900,000
Credit Issue of Share RM700,000
Credit Additional Paid-in Capital RM200,000
To record the issue of 100,000 shares of stock for land.
Sept. 5:
Debit Treasury Stock RM105,000
Debit Additional Paid-in Capital RM45,000
Credit Cash Account RM150,000
To record the repurchase of 15,000 shares of common stock at RM10 per share.
Dec. 6:
Debit Cash Account RM121,000
Credit Treasury Stock RM77,000
Credit Additional Paid-in Capital RM44,000
To record the resale of 11,000 shares of the treasury stock at RM11 per share.
Explanation:
The Additional Paid-in Capital (APIC) or sometimes referred to as Excess Capital over Par Value is an equity account where the above and below par value of the sale and repurchase of stock is recorded. This makes the Stock account to maintain a stable figure. This implies that the changes caused by above and below par value is taken care in this account. It also takes care of treasury stock above and below par value sale.
Treasury stock is a common stock contra account. It means that the value of the treasury stock reduces the value of the common stock. There are two methods for treating the above and below par value in treasury stock. One method is the costing method which records the changes in the treasury stock account. The other method is the par value method. With this method, only the par value of treasury stock is recorded in the account. The above and below par value changes are recorded in the Additional Paid-in Capital account.
In The New Rules, which social media channel is described as “a primary source of newsjacking ideas and a powerful channel to get your message out to the media in real time?”
D. Twiter- is said to as a major source of newsjacking ideas and a potent way to communicate with the media in real time in the new rules.
Hence, option D. is the right choice.
Why would you utilise newsjacking?Through the use of "newsjacking," you may present your company and your spokesperson (or spokespersons) as an authority on a certain subject. Since it generates instant coverage, this is crucial for a brand in the near term.
Is newsjacking morally correct?Only if you adhere to these three key rules can newsjacking be considered ethical. For your client's target audience and them, the newsjacked tale makes sense. For your media contact, your proposition offers real value.
To know more about Social media visit:
https://brainly.com/question/30326484
#SPJ1
The complete question is-
In The New Rules, which social media channel is described as "a primary source of newsjacking ideas and a powerful channel to get your message out to the media in real time?"
A. Facebk
B. Instagrm
C. Snpchat
D. Twittr
Suppose a firm manager has a base salary of $175,000 and earns 0.5 percent of all profits. Determine the manager's income if revenues are $10,000,000 and profits are $5,000,000. A) $150,000 B) $200,000 C) $225,000 D) $300,000
The manager's income is $200,000.
The option (B) is correct.
The expression "income" for the most part alludes to how much cash, property, and different exchanges of significant worth got over a set timeframe in return for administrations or items. There is no single, standard definition: pay is characterized by the setting in which the idea is utilized.
Income includes monetary as well as non-financial upsides of recompenses and perquisites. All pay is available under personal expense except if explicitly excluded.
Given;
Fixed salary = $175,000
Earns 0.5% of all profits
Profit = $5,000,000
Manager income = Fixed salary + 0.005 * Profit
Manager's income = $175,000 + 0.005 * $5,000,000
=> Manager's income = $175,000 + $25000
=> Manager' income = $200,000
Thus, the manager's income is $200,000.
Learn more about income:
https://brainly.com/question/15863006
#SPJ1
Match the definition to the term.
1. commute
2. lifestyle
3. lifestyle budget
lists the costs of items you chooseto spend your money on
the way a person chooses to live
commute the distance you travel to
and from work
The correct matching of the term and its definitions are:
commute - the distance you travel to and from work
lifestyle - the way a person chooses to live
lifestyle budget - lists the costs of items you choose to spend your money on.
What is Lifestyle Budget?A lifestyle budget is a budgeting approach that concentrates on allocating money toward the choices, needs, and prioritizations of an individual or household.
This type of budget incorporates expenditures such as amusement, dining at restaurants, pastimes, holidays, clothing, as well as other optional acquisitions into the total monetary scheme. By creating a lifestyle budget, individuals can feasibly manage their money and attain their financial aspirations while still cherishing their preferred lifestyle.
Read more about lifestyle budget here:
https://brainly.com/question/26361038
#SPJ1
Based on the available terms and the definition in the option, the right matching includes lifestyle budget = lists the costs of items you choose to spend your money on.
What is the Definition?The definition is a term that is used to describe the statement of meaning of a term or word, or phrase.
Generally, the term Definitions can be classified into two large categories: intensional definitions which aim to give the sense of a term, and extensional definitions which list the objects that a term defines.
Hence, in this case, we have the following words and their meanings:lifestyle budget = lists the costs of items you choose to spend your money on.lifestyle = the way a person chooses to livecommute = commute the distance you travel toand from workTherefore, in this case, it is concluded that each word or phrase has a specific meaning.
Learn more about definition here: https://brainly.com/question/9823471
#SPJ1
Dion has created a SWOT analysis for his business plan. In which section of his business plan will he place his analy
О А.
OB.
0 с.
OD. marketing and sales
executive summary
company description
market research
Reset
Next
In a case whereby Dion has created a SWOT analysis for his business plan the section of his business plan that he will place his analysis is company description.
What is SWOT analysis?The SWOT analysis is an important tool for evaluating the internal and external factors that affect a business. By identifying its strengths and weaknesses, a company can determine how to capitalize on its advantages and improve its weaknesses. By identifying opportunities and threats, a company can develop strategies to take advantage of market trends and mitigate risks.
Therefore, Dion's SWOT analysis will help readers of the business plan to understand the strengths, weaknesses, opportunities, and threats of his business, and how he plans to leverage these factors to achieve his goals.
Learn more about SWOT analysis at:
https://brainly.com/question/25066799
#SPJ1
The five stress in the workplace
The five stress in the workplace
WorkloadInterpersonal conflictsLack of controlOrganizational culture and job demandsWork-life balanceThe five stress in the workplaceStress in the workplace can stem from various factors, including excessive workloads, tight deadlines, and a high volume of tasks. Interpersonal conflicts, such as poor communication and personality clashes, can also contribute to workplace stress.
Feeling a lack of control over work-related decisions and schedules, along with a toxic organizational culture or unrealistic job demands, can further exacerbate stress levels. Additionally, difficulties in achieving work-life balance due to long hours and limited personal time can lead to increased stress and burnout.
Read more on stress here:https://brainly.com/question/11819849
#SPJ1
On June 15, 2021, Allen sold land held for investment to Stan for $65,000 and an installment note of $300,000 payable in five equal annual installments beginning on June 15, 2022, plus interest at 10%. Allen’s basis in the land is $255,500. What amount of gain is recognized in 2021 under the installment method?
The amount of gain that will be recognized in 2021 under the installment method, is $27, 857 . 14
How to find the gain recognized?First, find the profit margin on the land sold by Allen to Stan:
= ( Selling price of land - Allen's basis in the land) / Allen's basis in the land
= ( ( 300, 000 + 65, 000) - 255, 500) ) / 255, 500
= 109, 500 / 255, 500
= 42. 857 %
The gain to be recognized, using the installment method is:
= Profit margin x Amount paid by Allen in 2021
= 42. 857 % x $ 65, 000
= $27, 857 . 14
Find out more on gain recognized at https://brainly.com/question/17926235
#SPJ1
PLEASE HELP!!!
Which development would most likely cause the demand for a product to increase
A. The number of consumers in a market decreases.
B. Consumers expect the price to fall in the near future
C. Consumer demand for a complementary good increases.
D. Consumer preferences shift away from the product
Answer:
option c is correct,Explanation:
When an individual's income rises, they can buy more expensive products or purchase the products they usually buy in a greater volume. As a result, this causes an increase in demand. Conversely, if incomes drop, then demand is likely to decrease.
The most likely development that would cause the demand for a product to increase is option C.
Which development would most likely cause the demand for a product to increase ?Where consumer demand for a complementary good increases. A complementary good is a product that is typically used together with another product. For example, if the demand for smartphones increases, it may also increase the demand for phone cases, screen protectors, and other accessories that complement the use of a smartphone.
When the demand for a complementary good increases, it can lead to an increase in demand for the primary product as well. For instance, if the demand for smartphones increases, and consumers also need phone cases and screen protectors to use with their smartphones, they will be more likely to buy both products together. This, in turn, leads to an increase in demand for both products.
On the other hand, options A, B, and D are likely to reduce the demand for a product. A decrease in the number of consumers in a market, a decrease in consumer confidence due to the expectation of falling prices, or a shift in consumer preferences away from the product can all lead to a decrease in demand.
In conclusion, an increase in the demand for a complementary good is likely to cause an increase in the demand for a product, while a decrease in the number of consumers, a decrease in consumer confidence, or a shift in consumer preferences away from the product can reduce demand.
Learn more about demand for a product here
https://brainly.com/question/22089110
#SPJ5
Gitano Products operates a job-order costing system and applies overhead cost to jobs on the basis of the direct materials uses in production (not on the basis of raw materials). Its predetermined overhead rate was based on a cost formula that estimated $126,000 of manufacturing overhead for an estimated allocation base of $90,000 direct material dollars to be used in production. The Company has provided the following data for the just completed year:
Purchase of raw materials $138,000
Direct Labor Cost $86,000
Manufacturing Overhead Costs:
Indirect Labor $122,600
Property Taxes $8,900
depreciation of equipment $15,000
Maintenance $15,000
Insurance $10,000
Rent, building $35,000
Beginning Ending
Raw Materials $25,000 $15,000
Work in Process $49,000 $39,000
Finished Goods $74,000 $59,000
Required:
a. Compute the predetermined overhead rate for the year.
b. Compute the amount of underapplied or overapplied overhead for the year.
c. Prepare a schedule of cost of goods manufactured for the year. Assume all raw materials are used in production as direct materials.
Answer and Explanation:
1. The computation of the predetermined overhead rate is shown below;
Predetermined Overhead Rate is
= Estimated Manufacturing Overhead ÷ Estimated Allocation Base × 100
= $126,000 ÷ $90,000
= 140%
2. Now the amount of underapplied or overapplied overhead is
But before that we need to find out the overhead applied and overhead incurred which is
= (Opening Value of Direct Material + Purchase of Direct Material - Closing Value of Direct Material) × Predetermined Overhead Rate
= ($25,000 + 138,000 - $15,000) × 140%
= $207,200
Now the Overhead Incurred is
Indirect Labor $122,600
Property Taxes $8,900
depreciation of equipment $15,000
Maintenance $15,000
Insurance $10,000
Rent, building $35,000
Total $206,500
So, the overhead over applied is
= $207,200 - $206,500
= $700
c. Now the schedule of cost of goods manufactured is presented below:
Opening Raw Material $25,000
Add Purchases of Raw Material $138,000
Less Closing Stock of Raw Material -$15,000
Direct Material Used $148,000
Add:
Direct Labor $86,000
Manufacturing Overhead Applied $207,200
Total Manufacturing Costs $441,200
Add Opening WIP $49,000
Less Closing WIP -$39,000
Cost of Goods Manufactured $451,200
A portfolio has an expected return of 13.8%, a beta of 1.14, and a standard deviation of 12.7%. The U.S. Treasury bill rate is 3.2%. What is the Treynor ratio
Answer:
hope this helps
A portfolio has an expected return of 13.8 percent, a beta of 1.14, and a standard deviation of 12.7 percent. The U.S. Treasury bill rate is 3.2 percent. What is the Treynor ratio?
A. .093
B. .138
C. .146
D. .835
E. .951
your answer A. .093
Explanation:
Many people died in earthquake would do what to ppc?
The death of many people in an earthquake would lead to a reduction in the labor force and damage to the capital, resulting in a shift of the Production Possibility Curve inward.
Reduction in Labor Force: The loss of lives would lead to a reduction in the labor force, as there are fewer people available to work. This will result in a decrease in the production capacity of the economy.Damage to Capital: An earthquake can cause significant damage to the physical capital, such as buildings, machinery, and infrastructure. This damage would further reduce the production capacity of the economy.
Shift in PPC: Due to the reduced labor force and damage to capital, the Production Possibility Curve will shift inward, representing a decline in the economy's ability to produce goods and services.
Resource Reallocation: The government and businesses may need to prioritize resources to rebuild and recover from the disaster. This may result in a reallocation of resources from the production of some goods and services to those that are more urgently needed, such as emergency services, reconstruction, and disaster relief.
In summary, the death of many people in an earthquake would lead to a reduction in the labor force and damage to the capital, resulting in a shift of the Production Possibility Curve inward. This represents a decrease in the production capacity of the economy and may require the reallocation of resources to address the urgent needs created by the disaster.
For more such questions on Production Possibility Curve visit:
https://brainly.com/question/26460726
#SPJ11
The competitive threat that outsiders will enter a market is weaker when
The competitive threat that outsiders will enter a market is weaker when the incumbents enjoy substantial cost advantages.
The competitive threat that outsiders will enter a market refers to the possibility that new firms will enter a market to compete against existing firms. It is the degree of competition in a market that is determined by the ability of other companies to enter the same market and offer similar goods or services at a lower cost.
There are certain factors that determine the competitive threat of outsiders, these are:Ease of Entry: When the cost of entering a market is low, the threat of new entrants is high and vice versa.Brand loyalty: In markets where consumers are more loyal to the existing brands, the competitive threat of new entrants is weaker.
Patents: In markets where incumbents hold many patents, the competitive threat of new entrants is weaker.Cost advantage: The competitive threat of outsiders is weaker when incumbents enjoy substantial cost advantages.Cost advantage is the answer to your question.
The competitive threat that outsiders will enter a market is weaker when incumbents enjoy substantial cost advantages.
For more such question on competitive visit:
https://brainly.com/question/28967395
#SPJ8
Consider the market for tilapia. Ripple Rock Fish Farms, a small family fishery in Ohio, and The Fishin’ Company, a large corporate supplier, are both producers of tilapia. The marginal cost curves for both firms are shown in the accompanying graph. a. Suppose the market price of tilapia is $2.50 per pound. Move point A to Ripple Rock’s quantity sold. Move point B to The Fishin’ Company’s quantity sold.
The appropriate graph to explain the information is attached.
How to convey the informationAt the requested price, P = $2.50, Ripple gemstone produces 200 units of tilapia and the Fishin company produces 600 units of tilapia. In these affair situations, price line cut their separate borderline cost wind at points A and B.
Since, at market price, P = $2.50, Ripple rock produces 200 units of tilapia and the Fishin company produces 600 units of tilapia. Thus, they collectively supply 800 (=200+600) thousand pounds of tilapia.
In a perfectly competitive market, the efficient point is where P = MC that is, the marginal cost of production is equal to the market price.
At points A and B, the marginal costs of both the producers are equal to the price. Therefore, to achieve an effective product, The Fanishinâ Company should supply the same it's presently producing, and Ripple Rock should supply the same it's presently producing.
Learn more about price on:
https://brainly.com/question/1153322
#SPJ1
A successful data-driven market segmentation program depends on each of the following except:
a.
the rejection of tradiitional marketing research techniques
b.
the use of transactional and event data
c.
a common definition of market segments across all areas of the business
d.
developing a centralized and accessible CRM (Customer Relationship Management) database
A successful data-driven market segmentation program depends on the "use of transactional and event data", "a common definition of market segments", "and the development of a centralized CRM database" but it does not depend on "the rejection of tradiitional marketing research techniques".
The correct option to the given question is option a.
Traditional marketing research techniques, such as surveys, focus groups, and interviews, have long been used to gather insights about consumer behavior and preferences. While these techniques may have limitations, they still play a valuable role in understanding customer motivations and attitudes. Data-driven market segmentation programs can benefit from a combination of both traditional and data-driven research approaches. The use of transactional and event data is crucial for a data-driven market segmentation program. This type of data provides valuable information about customer behaviors, purchase patterns, and interactions with the business.
Having a common definition of market segments across all areas of the business ensures consistency and alignment in marketing efforts. This allows for targeted and personalized messaging that resonates with each segment. It also facilitates coordination between different departments, such as marketing, sales, and customer service, leading to a more cohesive and effective customer experience.
Finally, developing a centralized and accessible CRM database is essential for managing and analyzing customer data. It enables the integration of data from various sources, such as transactions, interactions, and demographic information, into a single platform. This centralized database provides a comprehensive view of customers, enabling more accurate segmentation and personalized marketing initiatives.
For more such questions on market segmentation , visit:
https://brainly.com/question/15357678
#SPJ8
If
you are
using $50 to buy your groceries, which function of money is
this?
Answer:
Medium of Exchange
Explanation:
A medium of exchange is an instrument used as an intermediary to facilitate the exchange of goods and services. A good medium of exchange must give a fair valuation of the items being traded. Money is a widely accepted medium of exchange.
Almost all items in a market have a monetary value attached to them. A Buyer or seller would easily know the amount of money needed to trade an item. The $50 is being used as a medium of exchange for the purchase of groceries. The seller accepts the money if they agree with the buyer on the quantity of groceries worth $50.
What is the formula of simple interest and compound interest?
The interest formula mainly refers to simple interest and compound interest formulas.
Simple interest (SI) is the interest applied to the amount borrowed or invested over the life of the loan, regardless of other factors such as past (paid or calculated) interest or other financial considerations. is a kind of Simple interest is generally applied to short-term loans administered by financial institutions, usually one year or less. The same is true for funds invested in the short term as well. A simple interest rate is a ratio, usually expressed as a percentage.
Compound interest, on the other hand, is interest that is calculated on the principal and interest accumulated over previous holding periods. That is why compound interest (CI) is also called "interest on interest". It plays an important role in determining interest rates on loans and investments. The formulas for compound interest and simple interest are:
SI Formula S.I. = Principal × Rate × Time
CI Formula C.I. = Principal (1 + Rate)Time − Principal
Learn about simple interest:
https://brainly.com/question/25793394
#SPJ4
Evaluate whether Min-Chul is right to focus more on non-financial motivators than financial
motivators to attempt to motivate employees.
The most prevalent financial motivations occur at work and entail monetary rewards. These are your extrinsic motives, often known as carrots and sticks, which are used to encourage and reward employees for specific achievement behaviors.
Financial incentives drive workers and make them aware of what they stand to gain or lose depending on their performance when they are effectively conveyed. The employee can more easily provide for their families and materially better their lives outside of work thanks to this kind of inducement. Financial incentives can also raise short-term morale and productivity.
Naturally, not everyone is driven by money, and Gallup has discovered that there is no connection between engagement and pay scale. In addition, because of their monetary character, financial motivators frequently have declining returns. Less frequent non-financial motivators are frequently intangible and do not explicitly involve money. These can take various forms, such as acknowledgment, increased accountability and faith in a position, involvement in decisions, adaptable schedules, mentoring, feedback, and others.
Learn more about financial-motivators here:
https://brainly.com/question/9880948
#SPJ1
which of the following items is most likely a short-term liability?
A. Bonds payable
B. Deferred income taxes
C. Finance lease covering 30-year term
D. Accounts payable
Account payable items is most likely a short-term liability.
Bonds payable, a 30-year finance lease, and deferred income taxes would all be paid overtime; therefore they are not current obligations.
nonetheless, accounts payable is probably a current liability.
What is finance lease?
A finance company is typically the legal owner of the asset for the duration of the lease in a finance lease, also known as a capital lease or a sales lease. The lessee has operational control over the asset as well as a portion of the financial risks and rewards associated with changes in the value of the underlying asset.
In further detail, it is a business relationship in which
The asset (equipment, software) will be chosen by the lessee (client or borrower);
The lessor (financial institution) will buy that asset;
Throughout the lease, the lessee will have access to that asset;
For the usage of the asset, the lessee will pay a series of rents or payments.
Learn more about finance lease https://brainly.com/question/23450043
#SPJ4
For an employee working at a cash register of a convenient store, the arrival rate is
four per hour and the service rate is five per hour. What is the average utilization of
the employee (%)?
20
45
80
125
none of the choices are correct
Answer:
80
Explanation:
Utilization = arrival rate/service rate
4/5 = 0.8
0.8 as a percentage equals:
0.8*100 =80
80 is the average utilization of the employee. As Utilization = arrival rate/service rate like 4/5 = 0.8. Hence, option C is correct.
What is average utilization?Average Utilization is the result of dividing the daily average total exposure to the revolving facility for the period by the daily average total commitments to the revolving facility for that period to get the amount, expressed as a percentage.
A person can calculate the utilization rate by dividing the number of billable hours by the overall number of hours worked each day.
The basic formula is really simple: divide the total number of billable hours by the total number of available hours (x 100). A worker's utilization rate would be 80% if they invoiced for 32 hours of a 40-hour workweek.
Thus, option C is correct.
For more details about average utilization, click here:
https://brainly.com/question/15071722
#SPJ2
Which of the following tools help you access your interest
A. Aptitude survey
B. Interest inventory
C. Career search
D. Skills assessment
Answer:
C. Career search
Answer:
Interest inventory
How do you start an apprenticeship
Answer:
To Start a Program
Contact the Division of Apprenticeship Standards. ...
Determine the Essential Job Skills. ...
Identify Educational Partners and the Desired Classroom Component of Training. ...
Establish Apprenticeship Program Standards. ...
Submit Your Program to DAS for Approval.
In an apprenticeship, you receive on-the-job training in a trade.Trade unions, contractors, and private companies provide apprenticeship programs. While you don't need any experience in the trade to become an apprentice, many people in this career path gain general labor experience before applying.
In order to design your own apprenticeship, you'll need to build a group of 10 employers. The group should reflect the scope of the industry, and include at least 2 employers with less than 50 employees. When the group has been formed, everyone must play an active role and work together to develop the standard.
Explanation:
Suppose your grandmother is retired and receives a monthly Social Security check of $3,000.00. According to the article, how much money will she receive after the cost-of-living increase
Based on the rate of increase for cost of living, your grandmother would receive the amount of $3,048.
How much would your grandmother receive?The article says that the cost of living increase is 1.6%.
The amount to be received by your grandmother is:
= Monthly social security x ( 1 + increase in cost of living)
= 3,000 x (1 + 1.6%)
= $3,048
In conclusion, your grandmother would receive $3,048.
Find out more on social security at https://brainly.com/question/18864292.
A retailer spends a $500 per month to keep its online shop active and updated. The store acquires shirts at a cost of $5 per shirt. Each shirt sells for a marginal benefit of $10 per shirt.
How many shirts would you have to sell for it’s marginal benefits to be greater than its total costs?
Answer:
100 shirts
Explanation:
Borrowing from the contribution margin concept, the level where the marginal benefit is greater than total costs is the break-even point.
Break-even point = fixed cost / contribution margin per unit.
For this retailer,
Fixed costs are $500,
The contribution margin per unit = selling price- variable cost
=$10-$5
=$5
Break-even point
= $500/$5
= 100units
The retailer would have to sell 100 shirts for it’s marginal benefits to be greater than its total costs.
What is breakeven point?This is the point where the additional gain derived is more than the total costs.
Applying break even point, we'll have
Break-even point
= Fixed cost / Contribution margin per unit.
Fixed cost
= $500
Contribution margin per unit
= Selling price - Variable cost
= $10 - $5
=$5
Break-even point
= $500 / $5
= 100units
Hence, the retailer would have to sell 100 shirts for it’s marginal benefits to be greater than its total costs.
Learn more about break even point here : https://brainly.com/question/21137380
#SPJ9
what is business and what are the four resources a business needs in order to be successful
Answer: Business is an organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs. The four resources are Human resources, material resources, informational resources, and financial resources.
Explanation: Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit
Hope this was helpful
why do we feel love?
Answer:
We feel love because a relationship is what makes a human happiest. Its proven scienctficly. I can't spell :p
Explanation:
Match each statement with the change it describes.
You are currently in a sorting module. Turn off browse mode or quick nav, Tab to items, Space or Enter to pick up, Tab to move, Space or Enter to drop.
Change in quantity supplied
Change in supply
Change in quantity demanded
Change in demand
Answer Bank
The matches of statement with its changes are movement along the demand curve due to a change in the price of the product- Change in quantity demanded. entire demand curve caused by a change in any factor affecting demand other than price. - Change in demand. shift in the entire supply curve caused by a change in any factor affecting supply other than price. - Change in supply. So, the match are a) - 3), b) - 1) and c) - 2).
A movement along the demand curve due to a change in the price of the product, while all other factors affecting demand remain constant, describes a change in the quantity demanded.
An entire demand curve caused by a change in any factor affecting demand other than price is referred to as a change in demand. Finally, a shift in the entire supply curve caused by a change in any factor affecting supply other than price is known as a change in supply.
These three concepts are fundamental in understanding market dynamics and are commonly used in economics. So, the match are a) - 3), b) - 1) and c) - 2).
To know more about demand curve:
https://brainly.com/question/30550686
#SPJ1
--The given question is incomplete, the complete question is given
" Match each statement in column A with the change it describes in column B
Column A
a) movement along the demand curve due to a change in the price of the product.
b) entire demand curve caused by a change in any factor affecting demand other than price.
c) shift in the entire supply curve caused by a change in any factor affecting supply other than price.
column B
1) Change in demand
2) Change in supply
3) Change in quantity demanded"--
At December 31, 2017 Rice Company had 300,000 shares of common stock and 10,000 shares of 6%, $100 par value cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2017 or 2018. On January 30, 2019, prior to the issuance of its financial statements for the year ended December 31, 2018, Rice declared a 100% stock dividend on its common stock. Net income for 2018 was $1,140,000. In its 2018 financial statements, Rice's 2018 earnings per common share should be
A. $1.80.
B. $1.89.
C. $3.60.
D. $3.80.
Answer:
A. $1.80
Explanation:
Earnings per share = (Net Income - Preferred dividend) / Weighted average outstanding common shares
Earnings per share = (1140000 - 10000*100*6%) / (300000 + 300000)
Earnings per share = $1.80 per share
So, Rice's 2018 earnings per common share should be $1.80 per share
Ling Li of Li Windows, Inc. is considering making a change in the material the firm uses for panes in its residential window line. The new material has a slight mirror attribute that assists in reflecting ultraviolet light and restricts the transmission of heat. The new material will raise the cost of a standard window by $3.68. The current window is in the mature stage of the life cycle, and, with no modifications, Li has estimated that sales of the window line will be 220000 units per year with a probability of .3 or 150000 units per year with a probability of .7. The standard net profit of a window unit is $55. With the new glass material, the selling price per unit can be increased by $5 (but with the added cost per unit, the net profit will be $56.32 However, Li estimates that the demand for the newly designed window will be 190000 units with a probability of .6, and there will be a .4 probability of sales of 120000 units. Which option will allow the company to maximize its expected monetary value (EMV)? Choose the correct decision tree that corresponds with the decision made by Ling Li of Li Windows, Inc. When using the existing material, the expected monetary value (EMV)
Li Windows, Inc. should choose Option B, changing to the new material, as this has the highest expected monetary value of 10,837,920.
What is material?Material is anything that is tangible and can be used for the creation of other products or services. It can be a physical substance, such as wood, metal, or plastic, or it can be an intangible resource, such as energy or knowledge.
Expected Monetary Value (EMV) is calculated by multiplying the probability of an outcome by the expected value of that outcome.
In this case, the decision tree for Li Windows, Inc. should be as follows:
Option A: Continue using existing material
• Probability 0.3
• Expected value = 0.3 x (220000 x 55) = 3,870,000
Option B: Change to new material
• Probability 0.6
• Expected value = 0.6 x (190000 x 56.32) = 10,837,920
Option C: Change to new material
• Probability 0.4
• Expected value = 0.4 x (120000 x 56.32) = 2,750,720
Therefore, Li Windows, Inc. should choose Option B, changing to the new material, as this has the highest expected monetary value of 10,837,920.
To learn more about material
https://brainly.com/question/30335151
#SPJ1
The table lists several goals that might be set by a restaurant chain. Indicate the level of each goal, with level 1 being the highest and level 4 being the lowest.
Level 1
Level 2
Level 3
Level 4
We seek to expand by opening 150 new restaurant locations in the next 10 years. We seek to provide a 14% or greater annualized return of investment for our shareholders. We seek to improve efficiency by implementing a new computerized payment system. We seek to operate a chain of restaurants that prepares high-quality food on a timely basis for a reasonable price. The table lists several goals that might be set by a restaurant chain. Indicate the level of management that would be responsible for setting each goal.
Board of directors
Top
Middle
Lower
We seek to improve efficiency by implementing a new computerized payment system. We seek to operate a chain of restaurants that prepares high-quality food on a timely basis for a reasonable price. We seek to provide a 14% or greater annualized return of investment for our shareholders. We seek to expand by opening restaurants along every major highway in the region.
It is important to indicate the functions of each level of management and it should help it to achieve the organizational goals by setting it.
How to list out the goalsLevel 1: We seek to operate a chain of restaurants that prepares high-quality food on a timely basis for a reasonable price.
Level 2: We seek to expand by opening 150 new restaurant locations in the next 10 years.
Level 3: We seek to improve efficiency by implementing a new computerized payment system.
Level 4: We seek to provide a 14% or greater annualized return of investment for our shareholders.
Board of directors:
We seek to provide a 14% or greater annualized return of investment for our shareholders.
We seek to expand by opening restaurants along every major highway in the region.
Top management:
We seek to operate a chain of restaurants that prepares high-quality food on a timely basis for a reasonable price.
Middle management:
We seek to improve efficiency by implementing a new computerized payment system.
Read more about annual returns here:
https://brainly.com/question/17023498
#SPJ1
During a recent fiscal year, Creek Company reported pretax income of $125,000, a contribution margin ratio of 25% and total contribution margin of $400,000. Total variable costs must have been:
Answer:
475,000
Explanation:
Hey there! For this question, we will be using the COGS and SG&A formulas.
Basic Formula: Revenue - COGS - SG&A = Pretax profits
How do you calculate the SG&A?
Well, SG & A = (Contribution - Prextax income)
SG & A = ($400,000 - $125,000)
SG & A= $275,000
What's next?
Now, you must calculate for revenue.
Contribution margin/Revenue = Contribution Margin Ratio
Revenue = Contribution Margin/Contribution Margin Ratio
Revenue = $400,000/.25
Revenue = $1.1m
Now, let's use the COGS formula.
COGS: Starting inventory + purchases - ending inventory = cost of goods sold
Revenue - COGS - SG&A = Pretax profits
1.1m - COGS - 400k = 125k
COGS = $1.1m - $125k - $400k
Final answer: 1.100 Million (1,000,000)
Which strategy would help you save the most money?
Answer:
making a savings back acounnt or put half your money your saving into a piggy bank