The weighted average cost of capital is 10.87%.
How to calculate the weighted average cost of capital?The the firm also has a bond issue outstanding with a total face value of $280,000 which is currently selling for 84 percent of par.
From the information, the market value of the debt will be:
= $280000 × 86%
= $240800
The market value of the equity will be:
= Number of stocks outstanding × Current price
= 30000 × 15.
= 450000
The weighted average cost of capital will be:
= (0.069 × 240800 + 0.13 × 450000) / (240800 + 450000)
= 75115.20 / 690800
= 10.87%
Learn more about cost of capital on:
brainly.com/question/27159534
#SPJ1
(13 points) APY is a(n) ____.
A. noncompounding interest rate
B. daily interest rate
C. interest rate advertised by lenders
D. interest rate advertised by borrowers
Answer:
C. interest rate advertised by lenders
Explanation:
APY stands for Annual percentage yield. It is the rate at which deposits earn interest in a checking or savings account. In other words, APY represents the amount of interest a deposit earns for one year when in a bank account.
The APY is a standardized presentation of interest to be earned. It incorporates all considerations, such as the compounding effect. APR makes it possible to compare expected returns from various financial instruments or institutions.
A decrease in the price of toothpaste in a tube can lead to a decrease in the purchase of toothpaste in a pump. This means: A. Toothpaste in a tube and in a pump are substitute goods and the demand curve for toothpaste in a tube will shift right. B. Toothpaste in a tube and in a pump are complementary goods and the demand curve for toothpaste in a tube will shift right. C. Toothpaste in a tube and in a pump are substitute goods and the demand curve for toothpaste in a pump will shift left. D. Toothpaste in a tube and in a pump are complementary goods and the demand curve for toothpaste in a pump will shift left. E. Toothpaste in a tube and in a pump are complementary goods and the demand curve for both toothpastes will shift left.
Answer:
C. Toothpaste in a tube and in a pump are substitute goods and the demand curve for toothpaste in a pump will shift left.
Explanation:
toothpaste in a tube and toothpaste in a pump are substitute goods.
Substitute goods are goods that can be used in place of another good.
If the price of a good increases, the demand for the substitute increases and if the price of the good reduces, the demand for the substitute increases.
Only changes in price of a good can lead to movement along the demand curve for that good. A decrease in the price of toothpaste in a tube would lead to a movement downward along the demand curve
Other factors affecting demand leads to a shift of the demand curve either to the right or to the left.
A decrease in the price of toothpaste in a tube would lead to a decrease in the purchase of toothpaste in a pump. This would lead to a leftward shift of the demand curve of toothpaste in a pump to the left.
Total sales: $60,230 Rate of commission: 6% on first $40,000
7% on next $10,000;
8% on sales over $50,000
Income: ?
Answer:
1000000 wdnjdkdidhxh fdjjxifid
3. Which type of bank card immediately deducts payment for purchases from the cardholder's
checking account?
A.)credit card
B.)debit card
C.)prepaid card
D.)smart card
Answer:
debit card
Explanation:
debit card (also known as a bank card, plastic card or check card) is a plastic payment card that can be used instead of cash when making purchases. It is similar to a credit card, but unlike a credit card, the money is immediately transferred directly from the cardholder's bank account to pay for the transaction.
Answer:
c
Explanation:
it has a certain amount that you can spend on it
Please HELP! I'll make brainliest for the correct answer!
3.4.3 Test (TST) - Credit and Debt
Question 1: What is the difference between a secured loan and an unsecured loan? Define each term, and provide two examples of each type of loan. Then identify which of these categories of loans tends to have a lower interest rate, and explain why the interest rate may be lower.
The main distinction between secured and unsecured debt is whether or not there is collateral, something that serves as protection against loan non-repayment.
Compare secured and unsecured loans.Unsecured loans don't require any kind of security. Credit cards, personal loans, and student loans are a few typical examples. In a secured loan, the borrower commits an item, such as a car, a piece of property, equity, etc., as collateral for the loan. Moreover, the value of the collateral is typically used to determine the loan amount made available to the borrower.
Due to the borrower's increased motivation to repay the loan, lenders take on less risk when offering secured loans. Interest rates are usually considerably lower as a result. Because unsecured loans lack collateral, financial organizations base their decision to approve you on your credit report and track record of on-time debt repayment and hence have higher interest rates. Hence, secured loans typically have lower interest rates than unsecured loans.
To learn more about secured loans, visit:
https://brainly.com/question/8347317
#SPJ1
At what point in the job application process are soft skills particularly important
A when writing a cover letter
B when crafting resume resume
C when searching through job ads
D during the interview
Answer:
During the interview
Explanation:
Answer:
D During the interview
Use the drop-down menus and your knowledge of prefixes to choose the correct word for each sentence.
I love being outdoors, so a day at the movies is
for me.
Plants that
desirable traits tend to live longer than those that do not.
The situation was unpleasant, and I did not know how to
myself from it.
The correct prefixes are:
AtypicalExhibitExtricateWhat is a Prefix?This refers to the addition of a word at the beginning in order to change the meaning from the root word.
Hence, we can see that based on the complete question, there is the use of words like "typical", etc and to use the correct prefixes, one would have to change them to the above to make sense.
Read more about prefixes here:
https://brainly.com/question/1191002
#SPJ1
The correct answers are:
AtypicalExhibitExtricateWhat are prefixes?Morphemes
Prefixes are morphemes (specific groups of letters with particular semantic meaning) that are added onto the beginning of roots and base words to change their meaning. Prefixes are one of the two predominant kinds of affixes —the other kind is suffixes, which come at the end of a root word.
Thus:
The correct answers are:
AtypicalExhibitExtricateLearn more about prefixes here: https://brainly.com/question/1664430
#SPJ1
Select the correct answer. Ship's engineers help keep ships running well. A. True B.False
Answer:
i am late but this true
Explanation:
I did the test on this and got it right :)
Match the steps that marketing management performs to the scenarios that describe the steps
The steps that marketing management performs to the scenarios that describe the steps include the "Discovery Step --- Marketing management team are performing detailed research for the best target market for their products or services."
The other steps that marketing management performs to the scenarios that describe the steps include the following:
Strategy step -- the marketing management team determines the proper marketing channels for their product or services. Then, they formulate the messaging and finally plan the timing.Implementation step -- the marketing management team decides when and where to execute their targeted, cost-effective marketing campaigns and put them into action.Measurement step -- the marketing management team assesses the marketing campaign results to know the right methods or techniques before continuing with the marketing campaign.Hence, in this case, it is concluded that the Marketing management team plays a vital role in the product life cycle.
Learn more here: https://brainly.com/question/22555057
Every Saturday, Martin and hundreds of other shoppers visit Home Pro, a home improvement supply store, to buy supplies for their home improvement projects. These shoppers are ________ of Home Pro.
The shoppers that are illustrated in this scenario are simply the customers of Home Pro.
Who is a customer?A customer simply means a person that purchases a good or service from a business.
In this case, Martin and hundreds of other shoppers visit Home Pro, a home improvement supply store, to buy supplies for their home improvement projects.
Therefore, these shoppers are the customers of Home Pro.
Learn more about customers on:
https://brainly.com/question/1286522
Gail decides to buy a Treasury note futures contract for delivery of $100,000 face amount in March, at a price of 130'4.0. At the same time, Robert decides to sell a Treasury note futures contract if
Robert's gain from selling the Treasury note futures contract at a price of 130'5.0 and the price increasing to 130'21.5 is $51,562.50.
To calculate Robert's gain or loss, we need to determine the difference between the selling price and the buying price, and then multiply that difference by the contract size.
Buying price (initial contract price) = 130'5.0
Selling price (price at which the Treasury note increases) = 130'21.5
Contract size = $100,000 face amount
First, we convert the prices from fractional format to decimal format:
Buying price = 130 + 5/32
= 130.15625
Selling price = 130 + 21.5/32
= 130.671875
Next, we calculate the price difference:
Price difference = Selling price - Buying price
= 130.671875 - 130.15625
= 0.515625
To calculate Robert's gain or loss, we multiply the price difference by the contract size:
Gain/Loss = Price difference × Contract size
= 0.515625 × $100,000
= $51,562.50
However, since Robert was on the selling side of the futures contract, his gain would be the opposite sign of the calculated value. Therefore, Robert's gain is $51,562.50.
To know more about Treasury Notes, visit
brainly.com/question/13095860
#SPJ11
Question
Gail decides to buy a Treasury note futures contract for delivery of $100,000 face amount in March, at a price of 130′5.0. At the same time, Robert decides to sell a Treasury note futures contract if he can get a price of 130′5.0 or higher. The exchange, in turn, agrees to sell one Treasury note contract to Gail at 130′5.0 and to buy one contract from Robert at 130′5.0. The price of the Treasury note increases to 130′21.5. Calculate Robert's gain/loss.
What is the purpose of Marketing?
Answer:
Marketing is the set of activities and strategies by means of which a company seeks to maximize its sales and, therefore, its economic returns. Thus, marketing involves all types of business action aimed at advertising the products offered, attracting potential customers, meeting the needs and creating other needs for the market, and, ultimately, all types of activity that positions the company in the market.
Indications that a product cost system needs revision include:(a) the company uses a single-allocation-base system developed long ago(b) employees do not believe the cost numbers are accurate(c) managers lose bids they expected to win and win bids they expected to lose(d) All of the above
Managers who both win and lose bids that they expected to lose are signs that a product cost system needs to be revised. As a result, (C) is accurate.
What is meant by product cost system?Production costs relate to all of the direct and indirect costs businesses spend when creating a product or providing a service. Production costs may involve a variety of expenses, such as labor, raw materials, consumable manufacturing supplies, and general overhead.
Production costs are the costs a company incurs when creating a product or providing a service that generates revenue for the company.
Production costs may involve a variety of expenses, such as labor, raw materials, consumable manufacturing supplies, and general overhead.
Learn more about product cost system, from :
brainly.com/question/28928563
#SPJ1
What is it called when government spends more than it receives in taxes during a given year?
The difference between a particular year's federal government outlays (also known as outlays) and tax receipts is used to determine the federal budget deficit (also known as revenue).
What is the annual government expenditure overrun in terms of tax revenue?When the government spends more money than it receives, a budget deficit occurs. When the government spends less than it takes in, a budget surplus exists. Because of spending $6.27 trillion more than receipts, the government had a deficit in fiscal year (FY) 2022. (revenue).
What occurs when government spending exceeds tax revenue?When the federal government spends more money than it receives in taxes in a given year, there is a budget deficit. On the other hand, when taxes are collected more than they are spent each year, the government has a budget surplus. If taxes and spending are equal, a balanced budget is said to exist.
Learn more about federal budget deficit: https://brainly.com/question/13852240
#SPJ4
Which statement indicates that a personal computer is a good not a service? A. It can be touched. B. It cannot be seen. C. Every computer is different from the last. D. A computer cannot be used twice.
Answer: it can be touched
Answer: Its A just took the mastery test.
Explanation: please add thanks and mark as brainliest please
In using the variable cost concept of applying the cost-plus approach to product pricing, what is included in the markup?a. Total costs plus desired profitb. Desired profitc. Total selling and administrative expenses plus desired profitd. Total fixed manufacturing costs, total fixed selling, and administrative expenses, and desired profit
The variable cost concept in the cost-plus approach to product pricing considers only the variable costs associated with the production of a product.
Variable costs are those that vary directly with the level of production and include materials, labor, and direct overhead costs. The markup in this approach would typically include total variable costs plus a desired profit margin. This means that the total variable costs are added up and a certain percentage is added to determine the final selling price. Administrative expenses, on the other hand, are not typically included in the markup as they are fixed costs that do not vary with production levels. Instead, they are typically included in the overall pricing strategy to ensure that all costs, including administrative expenses, are covered and a profit margin is achieved. In short, the answer is (a) Total costs plus desired profit.
To know more about variable cost visit:
https://brainly.com/question/29767642
#SPJ11
Banks serve essential functions in an economy, but their fragility arises from the fact that Multiple Choice banks provide liquidity to depositors. banks must screen and monitor borrowers. the government controls banks. only healthy banks are immune to depositors' loss of confidence.
Fragility arises from the fact that banks provide liquidity to depositors.
Banks serve essential functions in an economy, but their fragility arises from their role in providing liquidity to depositors. This means that banks take in short-term deposits from customers and use these funds to make long-term loans to borrowers.
Banks must carefully manage the mismatch between the liquidity of their assets and liabilities, as they need to ensure that they can meet depositors' withdrawal demands. However, if there is a loss of confidence in the bank, depositors may rush to withdraw their funds, leading to a bank run.
In such cases, even healthy banks can face liquidity issues as they struggle to convert their long-term assets into cash quickly. This inherent mismatch between assets and liabilities makes banks fragile, despite the essential functions they perform in an economy.
To know more about Fragility click on below link:
https://brainly.com/question/30303356#
#SPJ11
A client is unhappy with his or her registered representative due to a misunderstanding over a trade. How long does he or she have to file for arbitration?
Answer:
6 years
Explanation:
Registered representatives do certainly notify their employer of their activities. Lack of communication can bring about misunderstanding and disagreement.
Arbitration is simply known as private and adversarial dispute settlement or resolution process. It involves the disputants tendering their proofs and arguments to a neutral third party who has the power to issue a binding decision based on standards whiich are objectives in nature.
If left uncontrolled the high blood pressure can cause 1. Kidney disease 2. Heart failure 3. Stroke 4. All of above
If left uncontrolled, high blood pressure can cause kidney disease, heart failure, and stroke. Therefore, the correct option is 4. All of the above.
What is high blood pressure?High blood pressure, also known as hypertension, is a chronic medical condition that occurs when the blood pressure in the arteries rises above the normal range. It is defined as a systolic blood pressure of 140 mm Hg or higher and a diastolic blood pressure of 90 mm Hg or higher.
Blood pressure can be controlled by making lifestyle changes like adopting a healthy diet, engaging in regular exercise, limiting alcohol intake, avoiding smoking, and maintaining a healthy weight. In addition, doctors can prescribe medications to control blood pressure if lifestyle modifications alone are not effective.
If left untreated, high blood pressure can cause damage to your body's vital organs, including the kidneys, heart, and brain. Kidney disease, heart failure, and stroke are some of the severe complications that can arise due to high blood pressure. Therefore, it is critical to manage hypertension effectively.
Learn more about hypertension here: https://brainly.com/question/26093747
#SPJ11
Decision Point: Using the Association to Grow the Business Several months after starting the advertising campaign, you meet with the director again. She says, "Our consumers are finally associating our cookie with a good-tasting experience over time. We see this in increased sales as well." She continues, "We feel that we can use this newly forged association in the consumer's mind between the cookie brand name and good taste in other ways to help grow our business, but we're not sure how. I'd like you to come up with some ideas." Which of the following options is the best choice to use the brand and its association in the consumer's mind with good taste? Select an option from the choices below and click Submit. License the brand to another company to use on a potato chip. Develop a line extension using the brand on a chocolate chip cookie. License the brand to a company that wants to use it on their lower cost baked goods.
The best choice to utilize the brand and its association with good taste in the consumer's mind would be to develop a line extension using the brand on a chocolate chip cookie. Option B.
By developing a line extension, the company can leverage the positive association consumers have between the brand name and good taste to introduce a new product variant that aligns with their existing offerings. Chocolate chip cookies are a natural fit as they maintain the core essence of the original cookie while adding a popular flavor variation.
This allows the company to tap into the existing customer base who already associate the brand with good taste and provide them with a new product option to explore.
Introducing a line extension also provides an opportunity for the company to expand its market reach and capture new customers who may be attracted to the brand's reputation for quality and taste. By leveraging the positive brand association, the company can differentiate its chocolate chip cookies from competitors and establish a strong presence in the market.
On the other hand, licensing the brand to another company to use on a potato chip or licensing it to a company that wants to use it on their lower-cost baked goods may dilute the brand's association with good taste. Associating the brand with lower-cost or unrelated products could create confusion among consumers and weaken the brand's overall image.
Therefore, developing a line extension with a chocolate chip cookie aligns with the brand's existing identity, capitalizes on the positive association with good taste, and provides the company with the opportunity to expand its product portfolio while maintaining brand consistency and consumer loyalty. So Option B is correct.
For more question on consumer's visit:
https://brainly.com/question/29649674
#SPJ8
With regard to business definition, railroads may have lost business because they:
With regard to business definition, railroads may have lost business because they defined their business too narrowly.
Railways are a safe land transport system whilst in comparison to different kinds of shipping. Railway transport is capable of excessive stages of passenger and load usage and strength performance however are frequently less flexible and more capital-intensive than avenue delivery when decreased site visitor levels are taken into consideration.
The Railroad become the first advanced in top-notch Britain. a person named George Stephenson efficaciously implemented the steam technology of the day and created the world's first hit locomotive.
The primary engines used in the United States of America had been bought from Stephenson Works in England.
Learn more about Railroads here https://brainly.com/question/11433327
#SPJ1
If two workers can produce 22 units of output, and the addition of a third worker increases output to 30 units, the marginal product of the third worker is: 10 units O B units. O 30 units. 22 units.
The Marginal product of the third worker is 8 units when two workers can produce 22 units of output and the third worker increases output to 30 units.
The marginal product (MP) definition is the exchange in output due to one extra unit of input being delivered to production. another name for this is a marginal physical product. The marginal product of labor is calculated by dividing the total product value using the difference in labor.
The marginal product of labor of the third worker = Total output with three workers - Total output with two workers
= 30 units - 22 units
= 8 units
Therefore, The marginal product of the third worker is 8 units.
To learn more about Marginal products:
https://brainly.com/question/30099646
#SPJ4
The inherent processes defined in an ERP solution are referred to by some ERP vendors as ________. a. stored procedures b. transaction logs c. process blueprints d. database transactions
The inherent processes defined in an ERP solution are referred to by some ERP vendors as process blueprints.
These process blueprints are essentially pre-defined workflows that guide the user through the steps required to complete a specific task. They are designed to be repeatable and scalable, ensuring that all users follow the same best practices and procedures.
Process blueprints typically include a series of interrelated steps that are required to complete a specific business process. These steps may include data entry, data validation, approvals, notifications, and other tasks that are necessary to complete the process successfully. By providing a standardized set of steps, process blueprints can help improve efficiency, reduce errors, and ensure compliance with regulatory requirements.
In addition to process blueprints, ERP solutions also rely on other technologies, such as stored procedures, transaction logs, and database transactions. Stored procedures are pre-written scripts that can be executed by the database engine, while transaction logs provide a record of all changes made to the database. Database transactions ensure that changes made to the database are consistent and reliable. Together, these technologies provide a solid foundation for managing complex business processes within an ERP solution.
To know more about ERP visit
https://brainly.com/question/25509980
#SPJ11
As Peyton moved downstream, who'd he hear giving orders?
As Peyton moved downstream, he heard a Union officer giving orders.The Union officer was giving orders to his soldiers regarding their placement and movements.
Peyton, a Confederate soldier, was hiding in the nearby bushes and overheard the officer's commands. This information was critical for Peyton, who was on a mission to sabotage the Union army's plan to repair a railroad bridge. By knowing the Union's plan, he could better execute his own mission and help the Confederacy gain an advantage. The scene is from the short story "An Occurrence at Owl Creek Bridge" by Ambrose Bierce. The story is set during the American Civil War and follows the protagonist, Peyton Farquhar, who is being hanged by Union soldiers. However, just as he is about to be executed, he has a vivid hallucination and envisions an elaborate escape plan. The story is known for its twist ending and is a prime example of Bierce's unique style of writing.
Learn more about downstream here
https://brainly.com/question/382952
#SPJ11
Interest payable, income tax payable and salary payable are all examples of _______.
Those are all examples of liabilities. To be more specific, they are current liabilities. Interest payable, income tax payable, and salary payable are obligations that must be paid of within one operational cycle, thus they are just current liabilities.
Current liabilities are debts that must be paid off within a year or one operational cycle, whichever comes first. They can also be paid off using current assets or generate new current liabilities.
Analysts, accountants, and investors assess a firm's payables to determine how effectively it can fulfill its short-term financial obligations thus, the firm basically needs to generate sufficient profits and money in the immediate term to meet its debt commitments.
Learn how to define liability and differentiate between a current liability and a long-term liability: https://brainly.com/question/28391469
#SPJ4
Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy
Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.
Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:
Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:
What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?
1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.
Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.
2. The real return on my investment in Amazon.com Inc was a net loss of 7.12% or $667.60.
3. The company I selected to buy its stock three years ago was Amazon.com Inc.
4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.
5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.
6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.
What is the stock investment?Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.
The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).
Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)
Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)
Tax (10%) = $1,024.40 ($10,244 x 10%)
Inflation (3%) = $307.32 ($10,244 x 3%)
Administration fee on sales (2%) = $204.88 ($10,244 x 2%)
Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)
Loss on returns = $667.60 ($8,707.40 - $9,375)
Loss percentage = 7.12% ($667.60/$9,375 x 100)
Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.
Learn more about stock investment at https://brainly.com/question/25818989
#SPJ1
2014 2013
Inventories LIFO - 2397 3042
Current Assets - 30857
Current Liabilities - 12753
LIFO Reserve - 1367
COGS - 16255
a.) Assume LIFO reserve is 1219 for 2013. What is the Cost of Goods sold for 2014 under LIFO?
b.) Assumes sales are 24,178. Compute gross profit LIFO and FIFO.
To calculate the Cost of Goods Sold (COGS) for 2014 under LIFO (Last In, First Out) method, we need to consider the change in the LIFO reserve and the change in inventory levels.
In 2013, the LIFO reserve is given as 1219. In 2014, the LIFO reserve is 1367. The increase in the LIFO reserve is 1367 - 1219 = 148. The change in inventory levels can be calculated by subtracting the inventory value of 2013 from the inventory value of 2014. In this case, the inventory value for 2013 is 3042 and for 2014 it is 2397. So, the change in inventory levels is 2397 - 3042 = -645. To calculate the COGS for 2014 under LIFO, we add the change in the LIFO reserve to the change in inventory levels. Therefore, the COGS for 2014 under LIFO is -645 + 148 = -497. To compute the gross profit under LIFO (Last In, First Out) and FIFO (First In, First Out) methods, we need to consider the cost of goods sold (COGS) and the sales revenue. Under LIFO, we have already calculated the COGS for 2014 as -497. Let's assume the sales revenue for 2014 is $24,178. To compute the gross profit under LIFO, we subtract the COGS from the sales revenue. Therefore, the gross profit under LIFO is $24,178 - (-497) = $24,675. To compute the gross profit under FIFO, we need to calculate the COGS for 2014 under FIFO. Since the COGS under LIFO is the most recent cost, we can use the LIFO reserve to adjust the COGS. The LIFO reserve is given as 1367. Therefore, the COGS under FIFO for 2014 can be calculated as the COGS under LIFO (-497) plus the LIFO reserve (1367). Hence, the COGS under FIFO for 2014 is -497 + 1367 = 870. Now, to compute the gross profit under FIFO, we subtract the COGS under FIFO from the sales revenue. Therefore, the gross profit under FIFO is $24,178 - 870 = $23,308. In conclusion, the COGS for 2014 under LIFO is -497, the gross profit under LIFO is $24,675, and the gross profit under FIFO is $23,308. Negative values indicate a reduction in inventory or cost.
To Know More about reduction visit:
brainly.com/question/33512011
#SPJ11
Which condition is a result of open competition in a free market system?
A. Poor customer service
B. Government regulation
C. Higher prices
D. Higher quality goods
A result of open competition in a free market system is higher quality goods (option D).
What is the result of open competition?
Competition is when there are many producers operating in a particular industry. Competition is high in purely competitive markets and low in a monopoly. This is because in a pure competition, there are many producers while there is only one producer in a monopoly.
Due to the high level of competition in an industry, prices would be more likely to be low. This is because producers would want to attract more consumers by fairly pricing their goods. Also, producers would want to offer good customer service in order to retain consumers as there are many competing producers in the market. High quality goods are also a way to attract an retain customers.
A free market system is a market system where prices are set by the forces of demand and supply. There is no government regulation in this type of market.
To learn more about the free market system, please check: https://brainly.com/question/1188645
#SPJ1
Why is the automobile industry considered an oligopoly?
It offers little differentiation within the market.
It has significant barriers to entry.
It is controlled by companies that patent key technology.
It relies on price variation to attract customers.
It depends on brand loyalty and image to generate sales.
It is dominated by a few key players.
The reasons that the automobile industry is an oligopoly in market economics are because of B. It has significant barriers to entry and F. It is dominated by a few key players.
An oligopoly is a market condition where the possibility of firms colluding with each other exists.Firms in this market are interdependent, especially with regards to pricing.
Oligopolistic firms differentiate their products, and they have few producers.There are barriers to entry.
Thus, an oligopoly limits entries to a few key players who dominate the market.
Learn more: https://brainly.com/question/23970210
Answer:
B: It has significant barriers to entry.
E: It depends on brand loyalty and image to generate sales.
F: It is dominated by a few key players.
Question 9
The Managers of a limited liability Company owe
duties to the other members of an LLP.
O limited in scope
O monetary
O fiduciary
O administrative
The duties that the managers of a limited liability company (LLC) owe to the other members are primarily fiduciary in nature.
These fiduciary duties include acting in the best interests of the members, exercising care and loyalty, and avoiding conflicts of interest.
Here's some additional information on the duties that managers of a limited liability company (LLC) owe to the other members:
1. Fiduciary Duties: The managers of an LLC owe fiduciary duties to the other members. Fiduciary duties are the highest standard of care and include duties of loyalty, care, and good faith. This means that managers must act in the best interests of the LLC and its members, putting their interests before their own.
2. Duty of Loyalty: The duty of loyalty requires managers to act in good faith and in the best interests of the LLC and its members. They must avoid conflicts of interest and refrain from self-dealing or taking advantage of their position for personal gain.
3. Duty of Care: The duty of care requires managers to exercise reasonable care, skill, and diligence in managing the affairs of the LLC. This includes making informed decisions, conducting proper due diligence, and acting with the level of care that a reasonable person in a similar position would exercise.
It's important to note that the specific duties of managers can be outlined in the LLC's operating agreement or governed by state laws. These duties aim to ensure that managers act responsibly and in the best interests of the LLC and its members, promoting trust and accountability within the company.
Learn more about Fiduciary duties here:
https://brainly.com/question/30775020
#SPJ11